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AUGUST 1959

EOT

U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

SURVEY

OF CURRENT

BUSINESS

U.S. DEPARTMENT OF COMMERCE
FIELD SERVICE
Albuquerque, N. Mex.
321 Post Office BIdg.
CHapel 7-0311

No. 8

AUGUST 1959

Atlanta 3, Ga.
66 Luckie St. NW.
JAckson 2-4121
Boston 9, Mass.
U. S. Post Office and
Courthouse BIdg.
Liberty 2-5600

PAGE

THE BUSINESS SITUATION
General Summary ...... .......... .............. ..... . .

1

National Income and Product ....... , . . ........... .....

3

*

*

if

SPECIAL ARTICLES
Regional Markets in 1958 ....... . . . . . ......... .
Income Shifts by States . . . . . . . . . . ...... «

........
..........

9
11

Industrial Regions Most Affected. . . . . . . ...... . . . . . . 11
Income in Less -Industrialized Regions ..... . . .

.....

14

Reduction in Mining and Transportation. . . . .

.....

32

Capital Flow to Foreign Countries Slackens . . . . . . . . . . . .

25

Direct Investments . . . ....... . . . . . . . . . . . . . . . . ...... 25
Foreign Assets in the United States

.....

28

Earnings of U.S. Investments ...... . . . . . . . . . . . . . . . .

29

*

*

..........

.

*

MONTHLY BUSINESS STATISTICS ......... ..... S-l to S-40
Statistical Index .

...........

. . . . . . . . . . . . . . Inside back cover

Buffalo 3, N.Y.
117 ElHcott St.
MAdison 4216
Charleston 4, S.C.
Area 2,
Sergeant Jasper BIdg.
RAymond 2-7771
Cheyenne, Wyo.
207 Majestic BIdg.
Tel. 8-8931
Chicago 6, III.
226 W. Jackson Bird.
ANdover 3-3600
Cincinnati 2, Ohio
36 E. 4th St.
DUnbar 1-2200
Cleveland 1, Ohio
E. 6th St. & Superior
Ave.
CHerry 1-7900
Dallas 1, Tex.
500 South Erray St.
Riverside 8-5611
Denver 2, Colo.
19th & Stout St.
KEyatone 4-4151
Detroit 26, Mich.
438 Federal BIdg.
WOodward 3-9330
Greensboro, N.C.
407 U.S. Post Office
BIdg.
BRoadway 3-8234
Houston 2, Tex.
405 Main St.
CApitol 2-7201

Published monthly by the U.S. Department of Commerce, FREDERICK H.
MUELLER, Secretary. Office of Business Economics, M, JOSEPH MEEHAN,
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Jacksonville 1, Fla.
311 W. Monroe St.
ELgin 4-7111

Memphis 3, Tenn.
22 North Front Si.
JAckson 6-3426
Miami 32, Fla.
300 NE. First Aye.
FRanklin 9-5431
Minneapolis 1, Minn.
2d Ave. South and
3d St.
FEderal 2-3244
New Orleans 12, La.
333 St. Charles ATC.
EXpress 2411
New York 1, N.Y.
350 Fifth Are.
LOngacre 3-3377
Philadelphia 7, Pa.
1015 Chestnut St.
WAlnut 3-2400
Phoenix, Ariz.
137 N. Second Arc,
ALpine 8-5851
Pittsburgh 22, Pa.
107 Sixth St.
GRant 1-5370
Portland 4, Oreg,
520 SW. Morrison St.
CApitol 6-3361
Reno, Nev.
1479 Wells Are.
Tel. 2-7133
Richmond 19, Va.
llth and Main £t
Milton 4-9471
St. Louis 1, Mo.
1114 Market St.
MAin 1-8100
Salt Lake City 1, Utah
222 SW. Temple St.
EMpire 4-2552
San Francisco 11, Calif,
555 Battery St.
YUkon6-3111

Kansas City 6, Mo.
911 Walnut St.
BAltimore 1-7000

Savannah, Ga.
125-29 Bull Sti
ADams 2-4755

Los Angeles 15, Calif.
1031 S. Broadway
Rlchmoud 9-4711

Seattle 4, Wash.
909 First Ave.
MUtual 2-3300

AUGUST 1959

By the Office of Business Economics

Manufacturers' Sales and Inventories
DURABLE GOODS
16
—

Ti

1 A

14

10
Purchased Materials

NONDURABLE GOODS

16

USINESS activity continued at, a peak rate in the midsummer period with consumer and business purchases remaining strong. The rate of industrial operations expanded
further,, as did employment, except in those areas affected by
the steel strike, Personal income was little changed from the
high June level, seasonally adjusted, as payroll losses primarily in metal and railroad industries after mid-July were
about offset by income gains elsewhere. Prices in wholesale
and retail markets have been virtually unchanged.
Both factory and trade sales proceeded at a brisk pace featuring an enlarged demand for durable goods. Also the
high rate of construction activity—both residential and nonresidential—was sustained in July. In particular, notaJble
gains were reported by capital goods producers. A marked
strengthening of demand has been in progress in the industrial machinery industries since early 1959 when the volume
of new orders received was considerably expanded and sales
turned upward. During the first 6 months, sales and new
orders each rose by 25 percent.

Consumption strong

14
12

10

Finished Goods

9

Purchased Materials

Goods in Process'

i i Ii

1957

1958
Seasonally Adjusted

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




1959

The expansion of consumer purchasing is broadly based
as demand has strengthened for practically all major types
of goods and services. Retail sales in June and July continued at the high rates of prior months. Sales of motor
vehicle dealers in the first 7 months of this year were 20
percent above a year earlier and ahead of the corresponding
period of 1957. Following a spurt in June, new car sales
slackened during July. With car inventories at a high
point, dealers have good supplies for the model changeover
period.
Consumers also stepped up their purchases of other durables this year, although much less rapidly than for autos.
Sales of the furniture and household appliance stores registered a marked rise and maintained the new high level
through July at a rate well above a year ago. The rise in
the first 7 months of this year in sales of this group brought
them to a record level—8 percent above the corresponding
period of last year.
Sales of nondurable goods stores, which were little affected
by the recessionary forces last year, rose rather steadily
from a seasonally adjusted rate of $11 billion in March 1958
to $12 billion in July of this year. For the first 7 months
the year-to-year gain has been 6 percent—comparable to the
increase in personal income over this period.
All major nondurable lines have shown rising sales tendencies this year. Compared with a year ago, general merchandise and drug store sales for the first 7 months were up
nearly 10 percent. Somewhat smaller increases were experienced by food stores, and eating and drinking places. In

SURVEY OF CURRENT BUSINESS
the case of food stores, dollar sales were a fleeted by lower
food prices this year. For other lines, prices were
somewhat higher,

Manufacturing operations expand
Factory sales reached new highs prior to the onset of the
steel work stoppage and the vacation season. The sales volume was affected by some anticipatory buying, mostly
concentrated in the metal processing industries.
Despite the very rapid growth of purchased materials
holdings of durable-goods producers in recent months, these
stocks are a little lower than at the previous sales peak in
January 1957. For most heavy-goods industries the ratio of
purchased materials inventories to sales has been declining
in 1959; notable exceptions were increases in the fabricated
metals and motor vehicle groups. In the other category of
durable-goods working stocks—i.e., goods-in-process—the
June level was 5 percent below that of January 1957. In
the first 6 months of this year, the ratios of these stocks to
sales have declined moderately for all major industries
except motor vehicles where there was little change.
Durable-goods producers currently hold about the same
amount of finished goods inventories as at the previous sales
record set in 1957. During the first half of this year shipping stocks have risen less rapidly than sales for the heavygoods group as a whole, but in the electrical machinery and
motor vehicle industries the ratios of finished goods inventories to sales were a little higher in June than at the
beginning of the year.

Production patterns
Activity in the major metal fabricating industries since
mid-July has been maintained by the drawing down of steel
inventories built up earlier in the year. Combined assemblies of passenger cars and trucks in July held close to the
high June volume, although a fairly considerable decline
normally occurs between these 2 months. Production in
August, however, is expected to show a substantial drop as
model changeover operations get into full swing during the
month.
The work stoppage in the steel industry reduced manufacturing and mining output in July and early August.
Steel-making facilities since the walkout have been operating at 12 percent of rated capacity, yielding a weekly output of 350,000 tons of ingot steel. This compares with a
mill rate of 92 percent and an average weekly output of 2.6
million tons in the April-June period.
The impact of the steel strike on other industries lias so
far been mainly in coal and iron ore, where output has been
at, reduced levels, and in the movement of freight traffic
affected by the reduction of steel output,

Credit demands increase
Increased demands for the Nation's output in the first
half of this year featured a substantial reliance on credit
purchasing by business and consumers. Expansion in the
business use of credit was most noteworthy in connection
with working capital requirements, principally for inventory
accumulation on the part of metal fabricators.
The metal-working industries, which increased their total
stocks of goods on hand by $2 billion in the 6 months ended
last June, expanded bank debt by about $1 billion in the
same period.
Increased use of bank credit in 1959 has been fairly general,
however, for other manufacturing groups and for firms in
trade channels.



August 1959

Long-term borrowing by business, in contrast, was well
below the record rates of the past few years. Corporate
bond flotations in the 6 months of this year came to $3y2
billion, almost $2 billion less than in the same period of
1958. In making the comparison with a year ago, it is
important to note that long-term corporate" security flotations were still exceptionally heavy in the earlier period—
reflecting substantial refinancing operations, mostly for the
purpose of substituting long-term funds for the temporary
financing under which a large part of the prior investment
boom had been undertaken.
Business has tended recently to rely somewhat more heavily on stock issues for long-term financing with 1new flotations for the first half year coming to almost Si ,/? billion,
about double the rate of the year before, and equaling the
highs achieved in the 1955-57 period. As in that earlier
period, however, stock financing has not bulked large in total
requirements.
Internal sources of funds remain the dominant means of
financing corporate business. With corporate profits up
from a year ago and dividends maintained relatively stable,
financing from internal equity resources—gross retained
earnings—has risen sharply in the past year. This has not
only facilitated the resumed expansion of physical assets but
has also made possible a substantial improvement in the
liquidity of business firms.
Individuals also have sharply expanded credit purchasing
in the current recovery—most notably in the use of short and intermediate-type credit to buy automobiles and othei
consumer durables. Consumer installment credit outstanding at mid-year reached $35.8 billion, $2 billion more than at
the end of 1958 and almost $3 billion more than a year ago
Two-thirds of the first half-year expansion was in automobile
paper.
Nonautomotive consumer installment debt has expanded
steadily in the past year, and more recently the month-to
month use of such credit appears to have increasec
somewhat.
Individuals are adding to their long-term debt at near
record rates. Acceleration in the use of such credit becam<
evident a year ago and was associated with the step-up ii
activity in the housing field. Mortgage financing, while a
a high rate, has not increased in tempo in 1959. Terms o
financing have continued to firm as money market condi
tions have tightened with the recovery in general demand
for credit, and with the monetary authorities moving fron
a position of easing credit to one of more restricted avail
ability of credit supply.

Interest rates higher
Interest rates are currently at or close to their postwa
highs.
Average rates on short-term bank loans to busines
wrere close to 5 percent at mid-year, up three-quarters of
percentage point from a year ago and equaling the recen
previous peak charge in the later months of 1957. Yield
on highest grade corporate bonds, as reported by Moody':
were quoted at 41/2 percent in July, somewhat above tli
previous high reached in the late summer of 1957 and aj
proaching the highest yield of the last several decades.
As the stock market continued upward and dividend
remained relatively stable, dividend yields on commo
stocks were at new lows for recent times. At 3*4 percent £
measured by Moody's Service, the dividend yield averaj
is well below that for corporate bonds, and—perhaps moi
significant—the gap has steadily widened over the past yea
This more favorable situation for equity financing is i
doubt a factor in the somewhat greater volume of sto<
issues thus far in 1959.

SURVEY OF CURRENT BUSINESS

August 1059

National Income and Product
Expansion Continues
1 HE VALUE of the Nation's overall output was at an
annual rate of $48W2 billion in the spring quarter, up $14
billion from the first quarter rate. This was the fourth successive quarterly advance of about the same size. The GNP
now stands $531/2 billion above last year's first-quarter low,
at annual rates, "and $3()i/2 billion or 8 percent beyond the
previous peak reached in mid-1957.
While price increases contributed to the rise in the value
total, national product is up substantially in real terms as
well. The volume of physical output in the second quarter
was Un/2 percent above the low recorded early last year
and 5 percent better than the top quarter of 1957. The
accompanying chart shows that the 1957-58 upswing in real
GNP has paralleled the cyclical advances of 1949-50 and
1951—55, on a quarter-for-quarter basis, despite the somewhat greater severity of the recession phase this time.

Real Gross National Product: Upswing
Parallels Those of 1949-50, 1954-55

in residential construction. At the same time, the partial
recovery in business fixed investment was extended with a
$2 billion rise; and government purchases advanced fractionally while the general budgetary situation improved.
With production and turnover rising to meet the growth
of final demand, business inventories which were drawn
down during the recession have been rapidly built up
again toward—though not yet to—the prerecession levels.
An acceleration in inventory
building in the spring quarter
contributed about $4r1/£ billion to the GNP rise.
The accumulation of stocks during the first half reflected
in part provision made to meet supply shortages expected to
develop in the second half due to the steel strike.
The national income measure of production shows that
recent gains have been broadly based among the Nation's
industries and income types.
The industry divisions most sensitive to fluctuations in
national demand have rebounded from their IOWTS of early
1958. Manufacturing production, which generates more
than one-fourth of the national income, displayed a sharp
recovery. Other groups less subject to short-term market
fluctuations continued their postwar growth. The only
major exception to the general advance was agriculture.
After having expanded during the general business contraction of 1957-58, farm income has now dropped back to levels
a little above those of 1957.
The decline in earnings from agriculture also accounted
for the only major exception to a general pattern of advances
among the various types of income. Total compensation of
employees rose more rapidly in the second quarter than in.
the first. Having made good its 1957-58 decline before the
end of last summer on an overall basis, employee compensation in the second quarter of 1959 was more than $20 billion
above the prerecession peak. Corporate profits are apparently at a new high annual rate following a series of sharp
increases. Other income shares generally showed significant
though less marked advances.

Consumer Income and Outlay

GNP Troughs
H 1949: H 1954: I 1958
U. S. Department of Commerce, Office of Business Economics

59 - 8 ~2

A survey of the Nation's principal markets as depicted in
ie GNP tables 1-3 and 1-5 below shows consumption, inistment, and government purchases all moving up in the
u'ing. The backbone of the expansion was provided, as
earlier quarters, by demand from the Nation's families,
ansumption expenditures alone accounted for over $7 bil>n of the second-quarter advance. Another billion came



Disposable personal income moved up $8 billion in the
spring. This was one of the largest gains scored in any
quarter during the 1958-59 business expansion. The second-quarter annual rate of $335 billion was about $25 billion
or 8 percent above the recession low point reached in the
last quarter of 1957.
The advance in disposable income has been closely
matched in consumer buying. Personal consumption expenditures in the spring quarter were over $311 billion at
annual rates, $7% billion above the first quarter and $24 billion more than at the low of early 1958. Purchasing is now
at record levels for a wide variety of consumer goods and
services both in terms of dollars spent and in physical
volume.
As in other recent quarters, most of the spring rise in

SURVEY OF CURRENT BUSINESS
spending represented an increase in volume, prices having
advanced only moderately. Of the Sy2 percent increase in
personal consumption expenditures since the lovr of 1958,
no more than 1 percent seems to have reflected price
advances.
For durables and nondurables alike, the second quarter
gains were among the largest since the current upswing began. Expansion continued in the automotive and food
categories and was reinforced by substantial increases in
spending for household durables and for apparel. Expenditures for consumer services also extended their Jong
uptrend.
Consumer purchases of autos and parts, which have been
relatively high and rising throughout the 1959 model year
to date, increased nearly $2 billion at annual rates in the
second quarter as new car sales registered a spring upturn
for the first time since 1955. The accelerated pace of buying
made this the best spring on record in total dollar sales,
and one of the highest quarters: The seasonally adjusted
rate of $19 billion has
been surpassed only in the third
quarter of 1955. It wras two-fifths above the low recession
rate which had prevailed through most of last year until
the final quarter. While price increases have contributed
to the advance from 1958, the comparatively favorable experience so far this year also reflects an improvement of
close to one-third in unit sales.
In household durables and in clothing the expansion of
consumer outlays amounted to about $1 billion, at annual
rates. The course of consumer spending has been much the
same for both these commodity groups during the 1957-59
business swing: Each group showed an initial decline of
about $y2 billion, which w^as wiped out by a rapid recovery
around tlie middle of 1958. No significant further change
was reported last year, or in the early months of 1959, but
the spring upsurge carried purchases into new high ground
both in dollars and in real terms.

Investment Demand Rising
Both residential building activity and business demand
for plant and equipment are showing strength. Housing
construction is proceeding at a record pace whether measured
by outlays or by number of starts. Having reversed a twoyear decline early in 1958 and expanded rapidly thereafter
to pace the general economic advance, homebuilding has
moved up more slowly in recent months. The seasonally
adjusted rate of private starts has not changed very much
since before the turn of the year; further gains reported
in value of work in place, however, have contributed to the
latest expansion in GNP.

Business fixed investment recovering
Moderate recovery in business fixed investment continued
in the second quarter, outlays increasing by nearly $2 billion
at annual rates. The latest advance, which followed a $1
billion rise in the first quarter, carried total business buying
of capital goods and construction to $44 billion. Three successive quarters of recovery in this area of demand have
wiped out about half the $Sy2 billion decline which ended
last summer. At midyear, outlays for fixed investment by
durable and nondurable manufacturing in particular had
recovered only a minor part of their previous declines.
Expenditures by the transportation industry have remained low in reflection of the experience of the railroads.
Though railroad purchases have moved up since the turn of
the year, the improvement so far has canceled only about
one-third of the previous very sharp decline. The 1957-59



August 1059

swing in freight car orders has been especially pronounced.
Fixed investment by the air and highway transportation
groups is substantially ahead of the rates recorded two years
ago. In the case of air transportation the improvement
resulted from a continued stepup in deliveries of the new
jet airliners in the second quarter. Accompanying the recovery in highway carriers' outlays, sales of trucks and
buses have rebounded from the extreme low of early 195^
to reach the highest figure in several years.
Public utility outlays held up relatively well in 1958, as
did expenditures in the commercial and other category,
These groups, together accounting for around two-fifths ol
total plant and equipment spending, played an important
role in cushioning the decline in overall demand for fixec
capital goods during the business recession. Since 195!
opened, utility expenditures have been down somewha
while commercial outlays have been reported moderate!;
higher. The latter reached a peak in 1956 and droppec
sharply in 1957 before leveling off last year.

Rebuilding of business inventories
The pace of business inventory accumulation was steppe*
up in the second quarter, stocks rising at an annual rate o
$101/4 billion. This compared with a $6 billion rate o
buildup in the opening quarter of the year and $1 billion i
the final quarter of 1958, when the postrecession inventor
accumulation started. If the $l7*/2 billion sum of thee
changes is divided by 4 to translate it from an annual rat
into an actual change in the level of holdings, it is seen th?
since last autumn stocks in manufacturing, trade and othe
industries have been built up by somewhat over $4 billio
out of current production. The GNP measures of inventor
change are adjusted for normal seasonal variation, it shoul
be noted, and for the difference between book and replaci
ment cost of stocks turned over.
As the second half of 1959 began, the volume of busine
inventories was lower than in mid-1957. Stock-sales rati<
w^ere likewise down from the prerecession averages. Tl
buildup in holdings, aimed in general primarily at alinir
stocks better with production and sales, seems to have fall(
short of matching the sharp gains in these operations overa
The inventory valuation adjustment is not available se
arately for individual industries but the book value da
for these industries reveal clearly enough the general pa
tern of the recent inventory accumulation.
In outline, this pattern has matched that of the precedii
liquidation: The swing in business inventories since 19
has been concentrated to a disproportionate extent in d
rable lines, and especially in durable goods manufacturii
For both durables and nondurables manufacturers, the i
ventory accumulation has been particularly marked in t
purchased materials category. Holdings of goods-in-proc(
and of finished goods have also risen in many lines, althou
to a lesser extent. This pattern of advance is broadly sin
lar to that recorded in durables manufacturing during t
1955 recovery.
The upswing in trade inventories in the spring, as
each of the two preceding quarters, featured the rise
new-car holdings of auto dealers which brought stocks
a record high at the time of the model changeover.

Heavy flow of savings
The recovery in private capital formation has been si
ported by a very substantial flowy of savings from corpor
and other sources.
By midyear, internal funds were becoming available
corporate im-estment at a rate greater than before the rec

SURVEY OF CURRENT BUSINESS

August 1950

sion and nearly $10 billion above the low of last year.
Depreciation and kindred allowances have advanced moderately but consistently throughout the period and were accruing in the second quarter at an annual rate near $23
billion. Undistributed profits have reflected substantially
*the entire rise in after-tax net income during the business
upswing, and passed the $11 billion mark in the spring.
Personal saving has been maintained in recent quarters
at an annual rate above $20 billion. This total excludes depreciation charges, etc., on noncorporate business property
and housing; such charges total close to $17 billion.
The general financial situation is being favorably affected
also by the improvement in budgetary position of the Federal Government noted below\ Whether on the accrual basis
used in the national income accounts or on a cash basis,
since 1959 opened, the budget has moved much closer to a
balance.

Governments Move Toward
Budgetary Balance
Federal expenditures in the spring were nearly unchanged
for the second consecutive quarter. With tax accruals again
increasing, the deficit on income and product account was
reduced still further.
Purchases of goods and services, the largest item of Federal expenditure, held almost level at a seasonally adjusted
annual rate of about $54 billion. The rise in national defense outlays has tapered, and there has been some reduction in nondefense purchases, since the turn of the year.
Expenditures in both of these categories had advanced during 1958, due in part to price and cost increases and in
part to rising defense requirements and an expansion in
outlays for farm programs.
The second largest item of Federal expenditures, transfer payments, has also been stable since the end of last
year after having advanced during the recession. Unemployment compensation has been receding with the decline
in joblessness. However, this reduction has been about offset by expanded payments for old age and survivors' insurance following a 7 percent increase in benefits under the
amended Social Security Act.
Associated changes in the OASI law led to an important
gain in Government revenue: Federal collections of social
insurance contributions spurted as the rate and base of the
tax were increased by legislation effective January 1. Such
collections grew further in the spring, covered earnings and
employment continuing to rise with the general business
advance.
Yields from other Federal taxes, which had largely recovered before the end of 1958, continued to expand rapidly
during the first half of 1959 as both personal and corporate
income rose substantially further. Since the turn of the
year, the expansion in profits tax accruals has apparently
been of the same order as the gains in personal taxes and
in social security collections. Mirroring the relatively wide
previous swing in corporate profits, taxes on these profits
had fallen nearly $6 billion from mid-1957 to early 1958
and then made good the whole of this drop before the end
of the year. The overall decline and recovery in other revenue sources were of considerably lesser magnitude.
; With expenditures about level and receipts up, the Federal deficit on income and product account fell to $4 billion
in the opening quarter of 1959. This was only half the
size of the fourth-quarter deficit and compares with the
peak annual rate of $10 billion recorded around the middle
of last year. A further reduction in the Federal deficit oc


curred in the spring, though due to the lag in data on corporate profits and profits tax accruals the improvement
cannot yet be measured with any certainty.
It is important to note that these figures are seasonally
adjusted and are on an accrual basis. They reflect corporate profits as earned rather than at the time of collection,
for example. For this and other reasons, the deficit on
income and product account shows a smoother quarterly
movement and reflects more promptly the shifting state of
underlying economic conditions than do the conventional
administrative and "cash" budget measures.
The combined deficit of the State and local governments
also seems to have been less since the first of the year, the
growth of expenditures slowing in the spring and the tax
take continuing to increase.
The advance in purchases by these governments so far in
1959 has centered in wage and salary payments. Tax re-

GNP Rise Centers in Final Purchases,
Inventory Buildup Also Important
Billion Dollars
500

480
Gross National Product

460

440
Inventory buildup
Inventory liquidation

420
1

2

3

1957

4

1

2

3

4

1958

1

2

3

4

1959

Quarterly Totals, Seasonally Adjusted, at Annual Rates
U. S. Department of Commerce, Office of Business Economics

5 9 - 8 ~3

ceipts expanded throughout the business recession, as the
general uptrend in rates continued and the property tax
base gradually rose. The growth of revenues has accelerated to some extent in recent quarters with the recovery
in business sales subject to tax.

National Income Advances
During the first half of 1959, national income continued
the same strong advance that had characterized the latter
half of 1958. At an annual rate of $389 billion in the
opening quarter of this year, income was $34 billion above
its recession low and $18 billion above the previous peak.
The first-quarter gain about matched the successive quarterly increases of $10 billion which had been recorded in
the last two quarters of 1958, and preliminary data suggest
that the pace of the advance was being maintained or
stepped up as the first half ended.

SURVEY OF CUREENT BUSINESS

6

August 1059

Table 1-18.—Relation of Gross National Product, National Income, and Personal Income, Seasonally Adjusted Quarterly
Totals at Annual Rates, 1957-58 and First Two Quarters 1959

The numbering of the following tables conforms to that used
in U.S. Income and Output, recently issued as a supplement to
the SURVEY. This volume presents a full explanation of the
new quarterly reporting system, as well as data for 1946-57.

[Billions of dollars]
19£ 9

1958

1957

1958
I

Table 1-3.—Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957-58, and First
Two Quarters 1959
[Billions of dollars]
1958

19,59

1957

1958

Gross national product

442.5

441.7

431.0

Personal consumption expenditures

284.8

293.0

287.3 290.9

294.4

299.1

303.9

311.2

40.3

37.6
141.9
113.4

36.9
139.5
111.0

37.1
143.1
114.2

39.8
143.6
115.7

41.3
145.3
117.4

44.1
147.7
119.4

Durable goods
Nondurable goods
Services

- 137.7
106.7

Gross private domestic investment

II

I

III

IV

434.5 444.0 457.1 470.2 484.5

36.7
141.5
112.7

66.6

54.9

52.4

51.3

54.2

61.3

69.8

77.5

36 1
17.0
19 0

35.8
18.0
17.7

35.5
17.1
18.4

34.6
16.9
17.7

35.4
18.0
17.4

37.3
19.9
17.4

39 7
21.9
17.8

41.0
23.1
17.9

28.5

22.9

23.8

22.6

22.2

23.2

23.9

26.0

Change in business inventories— total
Nonfarm . _ _ .__ _

2.0
1.2

-3.8
-4.9

-6.9
-8.1

-5.8
-7.0

-3.4
-4.5

.8
-.1

61

10.4

5.4

9.8

Net exports of goods and
services (GNP basis)

4.9

1.2

2.0

1.2

1.6

.2

—.9

-1.8

26.2
21.3

22.6
21.3

22.2
20.2

22.3
21.1

23.1
21.5

22.7
22.5

21 5
22.4

22.1
23.9

New construction
Residential nonfarm
Other
Producers'
ment

_ _

durable equip-

Exports
Imports.
Government purchases of
goods and services

Less:
Capital consumption allowances
Indirect business tax and
nontax liability
Business transfer payments-Statistical discrepancy
Plus: Subsidies less current
surplus of government enterprises

II

I

Gross national product

Equals: National income _
Less:
Corporate profits and invenventory valuation adjustment
Contributions for social insurance
Excess of wage accruals over
disbursements
Plus:
Government transfer payments to persons _
Net interest paid by government _ _ _ - _ _ - _
Dividends
Business transfer payments- ..
Equals: Personal income

86.2

92.6

89.3

91.1

93.8

96.5

97.4

97.7

Federal
_National defense
Other
--- _
Less : Government sales

49.4
44.3

52.2
44.5

51.3
44.3

53.1
44.5

54.2
45 3

8.1

53.8
45 8

53.9
46 2

5.5

50.1
44.0

.3

State and local

36.8

.4

.5

40.5

6.6

.5

39.2

8.9

7.5

.3

.5

39.7

40.8

9.4

8.3

.3

8.0

.6
42 2

43 6

43.8

IV

I

II

434.5 444.0

457.1

470.2

484 5

III

II

442.5

441.7

431.0

36 9

37 9

37 5

37 6

38 0

38 5

39 3

39 9

38 1
1.7
.5

39 0
1.7
-2.1

38 3
1.7
-1.2

38 9
1.7
-1.5

39 1
1.7
-3.3

39 9
1.7
—2 4

40 7
1.7
.0

41 7
1.7
(i)

11

10

1l

1i

10

10

8

366.5 366.2 355.8 358.9 369.5 380.4

389.4

(i)

41 7

36 7

31 5

33 8

38 0

43 5

45 5

(i)

14 6

15 1

14 8

14 8

15 3

15 5

17 5

17 9

.0

.0

.6

.6

-1 3

o

0

o

20.0

24.4

22.8

24.9

25.4

25. 1

24.7

24 8

6.2
12.5
1.7

6.2
12 4
1.7

6.2
12.7
1.7

6.2
12 6
1.7

6.1
12 6
1.7

61
12 0
1.7

6.3
12 8
1.7

6.6
13 0
1.7

350 6

359.0

352.2

355.0

363 4

366.3 371 8 381 1

1. Not available.
Table II-2.-—Personal Income and Its Disposition, Seasonally Adjusted Quarterly Totals at Annual Rates, 1957-58 and First
Two Quarters 1959
[Billions of dollars]
19 58

1957

1958

I

II

195 9
III

IV

i

350.6 359.0 352.2 355.0 363.4 366.3 371. 8
Wage and salary disburse238.5 239.4 234.6 235. 4 242. 3 245 1 250.9
ments .
Commodity-producing in96.3
102.2
dustries
.98 2 100 9 104.2
95.8
97.8
Manufacturing only
74.9
75.8
80.6
82.1
76.9
76.7
79.1
63.1
63.4
63.4
64.1
63.8
Distributive industries
66.0
64.5
Service industries
_ _ ___ 32.7 34.6 33.7 34.3 34.9 35.3 36.0
41.2
40.2
44.7
44 3
42.2
45.2
Government
43.2
9 3
Other labor income
9 1
9.3
9 3
9 3
9 7
9 4
46. 1
45.9
Proprietors' income
44.5
46.6
46.9
46.8
47.4
Business and professional, - - 32.7 32.4 31.6 32.0 32.6 33.2 33.7
Farm
14 6
13 2
14 2
13 9
11 8
14 1
14 2

Personal Income _ _
Table I—5.—-Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates, in Constant Dollars,
1957-58, and First Two Quarters 1959
[Billions of 1954 dollars]
1957

19 58

19,59

1958
I

II

III

IV

I

II

408.3 399.0

391.0

393.1

400.9

410.8

420.6

431.8

270.8

273.3

268.7

271.1

275.0

278.4

282.3 288.3

Durable goods
38 5
Nondurable goods _ _ _ _ _ .. 132.6
Services
99.8

35.7
133.7
103.8

35.2
131.3
102.2

35. 0
132.7
103.4

35.3
135.3
104.4

37.5
135. 6
105.3

38.8
137.3
106.2

58 5

47.3

45.0

44.2

46.6

53.0

59.7

65.7

31 9
15.4
16.5

31.5
16.2
15.2

31.3
15.4
15.9

30.5
15.3
15.1

31.2
16.3
15.0

32.6
17.8
14.8

34.3
19.3
15.0

35.1
20.2
14.9

24.6

19.3

20.1

19.0

18.6

19.3

19.8

21.3

2.0
1. 1

-3.5
-4.4

—6.4
-7.2

-5.3
-6.1

-3.2
-4.2

1. 1
.0

5.6
4.7

9.2
8.6

Gross national product
Personal consumption expenditures.

Gross private domestic investment
New construction
Residential nonfarm
Other
Producers' durable equipment
Change in business inventories— total
Nonfarm only
_____
Net exports of goods and services (GNP basis)
Government purchases of goods
and services
Federal
State and local




_ _

3.8

.0

.8

.1

.5

-1.4

-2.7

41.2
139.7
107.4

-3.5

75.1

78.4

76.5

77.7

78.9

80.8

81.3

81.4

42 8
32.3

44. 1
34.4

42 8
33.7

43.9
33.8

44.3
34.6

45.2
35.5

44.9
36.4

45.0
36.4

7

II

381. 1
259 4

109. 6
86.4
67.4
37.0
45 4
9 9
46. 6
34.5
12 1

Rental income of persons
Dividends
Personal interest income

11.5
12 5
19.5

11.8
12 4
20.4

11.7
12 7
20.2

11.8
12 6
20.3

11.9
12 6
20.5

11.9
12 0
20.8

12.0
12 8
21.3

12.0
13 0
22.0

Transfer payments
Old-age and survivors insurance benefits.
State unemployment insurance benefits
Veterans' venefits
Other

21.7

26 1

24.4

26 6

27 1

26 8

26 4

26 5

7.3

8.5

7.9

8.6

8.7

8.8

9.4

10.2

1.8
4 4
8 3

3.9
4 6
9.1

3.1
4 6
8.9

4.2
4 6
9.2

4.8
4 5
9.1

4.2
4 5
9.3

2.9
4 5
9.5

2 2
4 5
9 6

6.7

7.0

6.9

6.9

7.1

7.1

8. 1

8.3

42.7
37.4
5.4

42.6
36.7
58

41.9
36.2
5. 7

42. 1
36.3
5.8

42.9
37.1
5.9

43 4
37.4
6.0

44.4
38.2
6.2

45.8
39.5
6.3

Equals : Disposable Personal Income
307.9

316.5

310.3

312.9

320.4 322.9 327.4

335.3

Less: Personal consumption expenditures
- -_

284.8

293.0

287.3

290.9

294.4

299.1

303. 9

311.2

23 1

23 5

22.9

22.0

26.0

23.7

23.5

24.1

292.9

295.2

290.0

291.6

Less: Personal contributions
for social insurance
__ .
Less: Personal tax and nontax
payments
Federal
State and local

Equals* Personal saving
Addendum: Disposable personal income in constant
(1954) dollars

299.2 300.4

304.3 310.7

SURVEY OF CURRENT BUSINESS

August 1959

Table II-6.—Personal Consumption Expenditures by Major Type,
Seasonally Adjusted Quarterly Totals at Annual Rates, 1957-58
and First Two Quarters 1959
[Billions of dollars]

Table IV—2.—Foreign Transactions in the National Income Accounts, Seasonally Adjusted Quarterly Totals at Annual Kates,
1957-58 and First Two Quarters 1959
[Billions of dollars]

1957

19 59

1958

1958

j
I

II

III

IV

I

II

1957

1
1

284. 8

293. 0

287. 3

290.9

294.4

299.1

303. 9

311.2

40.3
17.0

37.6
14.0

36.9
13.5

36.7
13.6

37.1
13.2

39.8
15.7

41.3
17.2

44.1
18.8

17. 4

5.8

17.4
6. 2

17.2
6. 1

17.0
6. 1

17.6

17.8

17. 7

18.8

Nondurable goods, total
Food and beverages
Clothing and shoes
Gasoline and oil
Other.
- .. _ - . - . _

137. 7
74.3
25.4
10.4
27.6

141.9
76. 6
26.1
10.5
28.7

139. 5
75.8
25.3
10.3
28. 1

141.5
77.0
25.7
10.4
28.3

143. 1
76.6
26.7
10.7
29.1

143. 6
77.0
26.6
10.7
29.3

145. 3
77.8
26. 7

Services, total
Housing
H ousehold operation
Transportation
Other

106.7
35 2
15.8

113.4
38. 0
16.9
9. 1
49.4

111.0
37.0
16.5

112 7
37 7
16.8

115.7
39.0
17.2

48.6

49.2

114.2
38.4
17.0
9. 1
49. 7

117.4
39 6
17.3
9.3
51.1

Goods and services, total
Durable goods, total
Automobiles and parts
F u r n i t u r e and household
equipment
Other

8.9

46.8

8.9

6.3

9.0

6.3

9.2

50.3

6.4

n.o

29.8

6.4

Receipts from abroad
Exports of goods and services.__
Payments to abroad
Imports of goods and services __ .
Net transfer payments by Government
Net foreign investment

26.2 i 22.6
26 2 ! 22 6
26.2
22.6 i
21.3 ;
21.3

1.5
3.5

1.3 ;

-.1

i

22.2 ;

22. 2 '
22.2 '
20.2

9.3

52.1

i

ii j in
22.3 ! 23. 1
22.3 i 23. 1
22.3 ! 23.1
21.1 | 21.5
[

1.3

1. 2

-1!

147.7
79.0
27.8
11. 1
29.8
119.4
40.3
17.6

19,>9

165 •s

1958 :

1.2

;

..
IV

I

22.7
22.7
22.7
22.5

21.5
21.5
21.5
22.4

22.1
22. 1
22. 1
23. 9

1.5
-1.3

1.5
-2.4

1. 4

Table V—2.-— Sources and Uses of Gross Saving, Seasonally Adjusted
Quarterly Totals at Annual Rates. 1957-58 and First Two
Quarters 1959
[Billions of dollars]

i

,*>9

1958

1957

Gross private saving

Table III-3.—- Government Receipts and Expenditures, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957—58
and
First Two Quarters 1959
[Billions of dollars]

IS 58
1957

1958

I

II

19 59
III

IV

II

I

78.4

37.4
20.1

36.7
17.3

12 2

11 9

11 8

12 2

12.5

Federal Government expenditures

79.5

Purchases of goods and services
Transfer payments
To persons
Foreign (net)

49.4
17.4
15 9

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

Grants-in-aid to State and
local governments
Net interest paid
Subsidies less current surplus
of government
enterprises
Surplus or deficit ( — ) on
income and product account .._- .- . ..
State and local
receipts

government

Personal tax and nontax receipts
Corporate profits tax accruals.
Indirect business tax and
nontax accruals
Contributions for social insurance
Federal grants-in-aid
State and local government
expenditures
_.
Purchases of goods and services
Transfer payments to persons
Net interest paid
.
Less: Current surplus of government enterprises
Surplus or deficit ( — ) on
income and product account
1
2

75.2

76.1 !

79.3

83.0

86. 5

0)

3fi. 3
15.7

37.1
17.9

37.4
20.8

38. 2
21.6

39. 5

12 0

11 7

19 1

9

19 4

12 3

12 2

12 6

12 7

14 6

14 9

87.4

83.2

87.0

89.3

90.8

90 5

90 9

52.2
21.2
19.9

50.1
19.5
18 3

53.1
22 1
20 9
1 2

54.2
21 9
20 4
15

53.8
21 4
19 9
1 5

53. 9
21 5
20 1
1 4
6.6
5 9

36. 2
14.9

12

1.5

1.3

1.2

51.3
21 6
20 3
1 3

4.1
5.6

5.4
5.5

4.8
5. 7

5.3
5 6

5.5
5 5

6.0
55

6. 5
5 6

3.0

3.1

3.1

3.1

3 2

32

31

0)

30

2

2.4

-9.1

IT 0

-3.9

41.9

40.3

41.4

42.4

43.7

45.2

5.4
1.0

5.8
.9

5.7

5.8
.8

5.9
.9

6.0
1.0

6.2
1. 1

6.3
0)

25.9

27.2

26.5

26. 9

27 4

27. 9

28 5

29 3

2.3
4.1

2.7
5.4

2.5
4.8

2.6
5.3

5.5

2.8
6.0

2.9
6.5

3.0
6.6

39.6

43.5

42.3

42.8

43.8

45.4

46.8

46.9

36.8
4.1
.6

40.5
4.5
.6

39.2
4.5
.6

39 7
4.5
.6

40 8
4. 5
.6

42 2
4.6
.7

43 6
4.8

43 8
4. 7

1.9

2.1

2.0

2. 1

2. 1

2.2

2.2

2.3

-1 6

— 1.9

-1 4

—1 4

—1 7

—1 6

2 — 5

Not available.
Estimate based on incomplete data.




Government surplus on income
and product transactions^. _

-8.0 -10.9 -10.1

—.5

(0

...

Gross investment
Gross private domestic investment _ . .
Net foreign investment
S tatis tical discrepancy

38.7

-1.0

Personal saving
Undistributed corporate
profits
Corporate inventory valuation adjustment
Capital consumption allowance
.Excess of wage accruals over
disbursements

Federal ...
State arid local

!

81.9

Federal Government receipts

II

1958 i
;

68. 2 i 67. 5 '
i
•
23 1 i 23 5 I
97

6. 5 )

;
|

I

11

i
!

Ill

IV

I

II

(0

64. 2 i

65. 0

62. 3

71. 9

72. 9

22 9 :

22 0

26 0

23 7

23. 5

24. 1

69

10.7

11.1

3. 6 i

4. 5 <

-1 5

— 4 ! —. 4 1

.2 i

-.3

— 1.1

—.9

0)
(i)

36 9

37 9 j 37. 5 i

37. 6 1

38 0

38. 5

39. 3

39.9

.6 | -1.3

.0

.0

.0

-9.5 | -5.5

2-1.0

0 '
,

0 I
j

.6 i

!

1.4 !-10.7 -10.0 -12.3

1-11.5

2. 4 ' -9. 1 ' -S. 0 '-lit. 9 1-10.1
_ 1 0 _ i fi : _ i y — 1. 4 ; — 1 . 4
70. 1

54. 8

66. 6
54. 9
3.5 ! -. 1
.5

;

-2.1

53. 1

51.2

54.6

52. 4
.7 .

51.3
—.1'

54.2
.4

-1.2

-1.5

-3.3

-7.8
— 1.7

-3.9
—1.6

60.0

67.4

61.3 ; 69.8
-1.3 ! -2.4
-2.4 ;

.0

2

-. 5

74.3

-i' 2

0)

1. Not available.
2. Estimate based on incomplete data.

Profits near record high
Corporate profits, which had recovered from their 1957-58
downswing by the end of last year, continued to advance
in 1959. On the basis of incomplete data, in the second
quarter the total as measured for national income purposes
has clearly topped the previous record set at the end of 1955.
Tliis measure excludes inventory gains, which are currently running lower than they were in the 1955 period
since prices have been comparatively stable recently. Net
income including inventory gains approached $28 billion
after taxes in the fourth quarter and $24 billion in the
first, when it was still $1 billion short of the 1955 peak.
Dividends have shown relatively little variation from
quarter to quarter for several years, on a seasonally adjusted
basis. With very few exceptions, the annual rate has stayed
within the $12-13 billion range it first entered in late 1955.
The figure of just under $13 billion registered in the iir^t
half of 1959, for example, compares with slightly over $123 ^
billion a year earlier. As a result, almost the entire increase
in after-tax profits since the first half of last year, amounting
to over $8 billion at annual rates, has gone to raise the level
of retained earnings.
The year-long advance in the profits total has been proceeding on. a wide front industriallv. During* the most of this

SUEVEY OF CURRENT BUSINESS
period the cyclical rebound has dominated the volatile commodity producing' and handling groups, while other lines
continued or resumed their growth trends.
As corporate business has moved out of the recovery phase
and into the new expansion which is characterizing 1959, the
sharp rise of profits in commodity-associated industries has
shown signs of tapering. This development accounted for
the first quarter slowing in the rise of the all-industry total.
Gains in trade, transportation, and a substantial majority of
hard-goods manufacturing lines were less following the turn
of the year than before. In durables, autos were the outstanding example of this tendency, and primary metals furnished the only clear exception. From preliminary data at

Recent Expansion in Payrolls
Refl ects cyclical upswing in
conrimodity-producing industries . , .
60

~

Other Than
Durable Manufacturing

f*
SJ

~

50
Durable
^*^
Manufactvfirtg
^^

^T
,^r

August 1959

hand the pattern of lessening advance in such cycle-sensitive
lines appears to have continued into the second quarter,
although it was modified in some instances where anticipation
of a steel strike played a major part.

Other income flows
Most other major types of earnings contributed to the rise
in national income during the past half year.
Compensation of employees increased to a new high of
$270 billion in the initial quarter of 1959 and rose to $279
billion in the second quarter. The upward movement of
employment and payrolls accelerated last spring, fanning out
through private industry and being extended in State and
local government. Supplements rose moderately, after a
sharp first-quarter advance reflecting the higher scale of
OASI contributions.
Net income of nonf arm entrepreneurs—business proprietors
and independent professional workers—registered the general business improvement with a $1 billion increase in the
spring quarter. Interest income continued its uptrend.
A major exception to the general pattern of advance was
farm income. Earnings of farm proprietors declined by $1
billion, at annual rates, in each of the past two quarters,
as acreage reserve payments under the Soil Bank program
were discontinued and farm production expenses mounted.
At $12 billion, the second-quarter rate is down from the peak
reached early last year but still $y, billion above the
corresponding period of 1957.

Private wages and salaries continue up
40
QC

^

1

1

1

J

!

1

I

i

1

I

1

anc to some extent in distribution . . .

<*.

70
O
Q

Distributive Industries

^^^

O

60 ^

!

j

i

i

i

i

i

1

i

i

i

03

plu:> continued growth elsewhere in
the economy
50

Government

^*^***
%^

'

40

30

v

fl_

1

1

1957

I

1

I

i

1

1958

1

1

!

!

1959

Quarterly Totals, Seasonally Adjusted, at Annual Rates
U. S,. Department of Commerce, Office of Business Economics




59 - 8 - 4

The gain in employee compensation cited above centered
in private payrolls. The second quarter rise in these
amounted to $8 billion, at an annual rate. This compared
with $5!/9 billion in the initial quarter of 1959 and a $4 billion advance in the preceding quarter.
The acceleration since the turn of the year has been due
largely to a sharp upsweep in employment. This was particularly marked during the spring. The number of workers in private nonagricultural establishments, seasonally
adjusted, was 800 thousand higher in the second quarter
than in the first. In no previous quarter of the recovery
period had reported employment gains exceeded 500 thousand. While longer hours of work and larger hourly earnings together continued to account for a considerable part
of the growth in private payrolls, more than half the spring
gain stemmed from higher employment. This was a somewhat larger fraction than during the earlier stages of the
recovery.
As the accompanying chart indicates, wage and salary increases were particularly pronounced in durable goods manufacturing, where the 1957-58 decline had been most severe.
Other commodity-producing industries, including contract
construction, also reported substantial improvement.
Advances appeared in nearly all the manufacturing industry groups. Among durables, the upswing was sharp
in primary metals and in nonelectrical machinery, where employment increases were especially large and were supplemented by higher average weekly earnings. Apparel anc
textiles had the largest payroll gains reported for any o1
the nondurable £oods industries.

by Robert E. Graham., Jr.

Regional Markets in 1958
X HE DOLLAR flow of consumer incomes reached new
highs in nearly all States in 1958 as the personal sector of
the economy resisted the pressure of deflationary forces and
then moved ahead. Individual incomes were up last year in
all but 4 States, and in 3 of these, the overall total fell only
a little short of that in the preceding year.
For the country as a whole, personal income totaled $356
billion in 1958, up $8% billion or 2 percent over 1957.
When allowance is made for the small rise in consumer
prices, more than half the States show gains in real income;
in a dozen others, real purchasing power was about the same
as in 1957; and, in the remainder, the decline ranged from
fractional to
as much as 6 to 7 percent.
As showrn in the chart below, largest dollar advance on a
regional basis was in the Southeast where incomes in 1958
were more than $2 billion above the 1957 total. In the Far
West, Mideast, Plains, and Southwest the current-dollar
NOTE.—MR. GRAHAM IS A MEMBER OF THE NATIONAL INCOME
DIVISION, OFFICE OF BUSINESS ECONOMICS, DEPARTMENT OF
COMMERCE.

purchasing power of individuals climbed $1 billion to $2
billion. Smaller increases of $500 million and $300 million
were recorded in the New England and Rocky Mountain
regions, respectively, while in the Great Lakes,r where the
1957-58 recession centered, personal income w as off $550
million.
Income rose nearly $11/^ billion in California. Well
below this top ranking growth among States, but still large
in terms of expanded markets w^ere the increases in New
York ($900 million), Florida ($600 million), and Texas
($600 million). In 10 other States, aggregate consumer
income picked up between $250 million and $400 million.
In interpreting these figures, it should be noted that the
recent recession covered parts of both 1957 and 1958. Hence,
annual income totals for these years, reflecting a mixture of
recession and recovery, fail to show the magnitude of the
decline or subsequent recovery. Also, these summary measures of personal income are comparatively broad indices and
relate to States and regions as a whole. They cannot reveal
developments in local areas, nor can they show the direct

Regional Changes in Consumer Incomes, 1957-58
PERSONAL INCOME
(Billion Dollars)
3

2 -

-1 -

_ O

Um-

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




PER CAPITA INCOME
(Dollars)

10

SURVEY OF CURRENT BUSINESS

impact that unemployment had on the income of specified
groups within the labor force. The effects of the recent
recession both in specific areas and on certain income classes
are fully recognized even though the personal income
estimates do not permit them to be singled out for analysis.
Dollar changes in personal income are especially relevant
for gaging developments in geographic markets. However,
wide variations in size of areas make comparisons expressed
in absolute terms difficult. Perspective is afforded through
use of relative changes,
With the translation of State and regional income changes
into percentage terms (see table I), a geographic pattern of
income shift emerges. This pattern, the summary reflection
of economic developments in the last 2 years, shows both
the relative impact of the recent industrial recession and of
the sharp upturn in farm income in 1958.

Regional income changes
In each of the 5 "noniiidustrmlized" regions—the Plains,
Southeast, Southwest, Rocky Mountain, and Far West—
income gains from 1957 to 1958 held uniformly to an aboveaverage 4 or 5 percent, as compared with the rise of 2 percent
noted for the Nation. Moreover, these gains were quite
pervasive within regions. In 30 out of 32 States relative
income growth exceeded the nationwide average.
In contrast, income expansion in the northeastern part of
the country—New England and the Mideast—was limited
to 2 percent, while the Great Lakes States experienced a 1percent decline. These three regions are the most industrialized in the Nation, particularly with respect to durable
goods production, and, at the same time, they place least
dependence on agriculture as a source of income.

State changes vary widely
Among individual States, sharpest relative improvements
were in the smaller and less industrialized, such as North
Dakota (17 percent), New Mexico (11 percent), Kansas (10
percent), Mississippi and Arizona (9 percent each), and
Florida (8 percent).
Upsurges in farm income provided the primary impetus
for the outstanding advances in total income in North
Dakota and Kansas. In the former, income from farming
last year was half again as large as in 1957; in the latter
it was double.
In New Mexico and Mississippi, strong improvements in
farm income pushed aggregate income up, but in both, most
other components also moved ahead at rates well above average, Particularly noticeable were the relative pick-ups in
contract construction and manufacturing in the two States,
and the large expansion in the finance and service sectors in
New Mexico.
Gains in Arizona and Florida were broadly based and represent extensions of their postwar economic records. Both
States have experienced unusually large economic growth
since the end of World War II. In relative terms, they
have paced the Nation over the postwar decade.
In contrast to the buoyancy of economic conditions in
the foregoing areas, personal income declined 1 or 2 percent
in Indiana, Michigan, and Ohio and 4 percent in West
Virginia last year. In each, primary factors were pronounced drops in manufacturing and mining activities.
The effects of these curtailments in basic activities were
transmitted to other sectors of their economy, thereby
cramping their overall income flow.



August 1950

Per capita incomes
In the country as a whole, per capita personal income
(total income divided by total population) amounted to
$2,057 in 1958, as compared with $2,043 in the previous
year. Price increases more than counterbalanced this fractional boost, however, and real per capita income in 1958
was a little less than in 1957. Among States, average incomes were highest in Connecticut ($2,817), a reduction
of about $40 from the State's 1957 peak. Others in the top
rank included Delaware ($2,760), District of Columbia
($2,634), New York, ($2,585), Nevada ($2,569), California
($2,559), and New Jersey ($2,521). In these six States and
the District of Columbia, average incomes ranged from onefifth to nearly two-fifths above the figure for the Nation.
Sizable changes in per capita income relative to that in
the Nation occurred only in the Great Lakes and Plains
States last year. The percentage by which average income

Key Sectors Contributing to
Regional Income Shifts, 1957-58
Billion Dollars

-2

-1

0

Mideast

Great Lakes

Plains

Southeast

Southwest

Rocky Mountain

Far West

I

I

1

1

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

1

SUEVEY OF CURRENT BUSINESS

August 1959

exceeded the national figure in the Great Lakes declined
from 10 in 1957 to 6 in 1958—a reduction of two-fifths.
On the other hand, in the Plains States, per capita income
moved from 91 percent of the national average in 1957 to
94 percent of it in 1958. In both regions, the major factor
» was a sharp change in total income which stemmed from
short-run temporary factors—the impact of the business
cycle in the Great Lakes and a boost in farm income in
the Plains. Smaller-than-average population growth also
contributed to the improved position of the Plains Eegion.
Scope of the report
This article serves to update through 1958 the tables in
our bulletin, Personal Income By States Since 19*29? In
addition, revisions of estimates previously published for the
years 1956-57 are presented, and estimates for 1954—55 are
reprinted for convenience of the users. Table 78 showing
manufacturing payrolls by type of industry in 1958 has
been omitted from this report. A copy of the table is
available on request.

Income Shifts by States
Study of shifts in the geographic distribution of income
in a year with the economic characteristics of 1958 serves
two major purposes. First, changes in the size of consumer markets and the effectiveness of marketing programs
can be evaluated. Second, such study yields empirical data
for gaging the impact of a cyclical downturn on the individual State and regional economies. Of course, the more
pronounced the cyclical influence, the less useful are the
data for measuring secular trends in income change.
Some highlights of geographic shifts in consumer markets
have been pointed out. More detailed measurement can be
made from data in the various tables in this report. The
remainder of this article consists of a review of the economic record of States and regions during the 1957-58
recession.
National economic developments
The major economic forces operative on the business scene
last year were national in scope and origin, and spread
throughout the country with varying degrees of intensity.
Of greater importance than regional differences in the pace
of economic activity, however, were geographic differences
in economic structure. It was mainly through variations
in the composition of income that national developments exerted differential impact on overall economic activity in
the individual States and regions.
1
The Personal Income supplement to the SURVEY OF CURRENT BUSINESS is
available from the Superintendent of Documents, U.S. Government Printing
Office, Washington 25, D.C., or from the Department of Commerce Field Offices
at $1.50 per copy. It contains a detailed annual record of the income flows
in each State since 1929. The text of the report provides explanations of the
concept, statistical derivation, and reliability of the estimates, as well as an
analysis of geographic income shifts over the period.
The revisions for 1956 and 1957 were made primarily to adjust the individual
components of the State series to new national estimates. Also, the revised
figures take account of State distributions of data for 1956 andi 1957 that
became available during the past year.
In definition, the U.S. totals in the State series are the same as those in
national personal income with one exception. The State series excludes (and
the national series includes) the income disbursed by the Federal Government
to its civilian and military personnel outside the continental United States.
There is also a statistical difference between the two sets of estimates. Revisions introduced into the national totals for the years 1946-55 have not been
incorporated! fully into the State figures. Changes for the years 1946-53
appeared too minor to warrant the extensive amount of detailed work that
would have been required to adjust the State distributions of the industrial and
type-of-income components to the new national totals. In order to minimize
the break in comparability between the revised State income distributions for
1954 (accomplished in 1958) and those retained for 1953, the United States
totals of certain components for 1954 and 1955 were adjusted to effect a
smooth transition between the revised and unrevised figures.




11

The factors involved in the recession and recovery of
1957-58 have been covered in detail in previous issues of the
SURVEY and will not be repeated here. Of the numerous
economic developments that directly affected the personal
sector of the economy, those in the manufacturing, farming, and government sectors were imprinted most clearly
on the geographic distribution of income in 1958. The dollar changes from 1957 to 1958 in personal income derived
from each of those sources are shown in the text tabulation
below and in the chart on page 10.
Dollar Changes in Selected Components of Income, 1957-58
[Billions of dollars]
Total Manufacturing
Farm
personal
income earnings income

Government disbursements
Total

Wages
and
salaries

UI
benefits

OASI
benefits

United States

8,417

-4, 347

2,500

7,111

3,002

2,366

1,160

New England
Mideast

_

488
1,560

-322
-1,394

23
202

497
1,794

180
598

166
755

95
300

Great Lakes
Plains

_

-549
1,517

-2,424
-78

233
710

1,730
480

585
266

778
82

259
97

Southeast
Southwest

2,194
1,146

-17
-79

687
544

1,036
411

480
263

238
65

197
60

Rocky Mountain
Far West

327
1,734

+19
-52

72
30

146
1,017

88
540

26
256

22
131

Eeductions in earnings of persons engaged in manufacturing had the most pronounced effect in altering the State
distribution of income in 1958. In the primarily industrial
areas of the Nation, factory activity fell off substantially,
but in the five less industrialized regions the volume of earnings derived from this industry in 1958 was only fractionally
less than in 1957. Compounding the effect of differing regional rates of change in the industry
was the concentration
of largest reductions in areas wrhere manufacturing is of
greatest importance as an income source.
Farm income also exercised a major influence on the regional income flow in 1958. Aggregate income from agricultural sources, moving countercyclically, rose $2% billion
from 1957 to 1958, with more than three-fourths of the increase occurring in three regions. Farm income thus contributed significantly to regional differences in overall income
flow.
Government income disbursements were a potent factor in
the maintenance of consumer demand during the down phase
of the production cycle. Total disbursements rose $7 billion
on a national basis from 1957 to 1958, and dollar advances
were large in all regions. Relative increases in most components of government income—payrolls and newly extended
OASI benefits, for example—were generally uniform
throughout the Nation. However, regional differences in
the large increase in unemployment insurance benefits, a
response to the cyclical dip in production, imparted moderate
geographic variations to the overall flow of income from
government.

Industrial Regions Most Affected
With the foregoing as a background, attention is turned
to an examination of income shifts in each of two broad areas
of the country: (1) The industrial regions of New England,
the Mideast, and Great Lakes; and (2) the central, southern,
and western areas which include the Plains, Southeast, South-

SURVEY OF CUERENT BUSINESS

12

August 1959

Great Lakes region, it dipped a little below its 1957 level.
In the 3 regions combined, consumer purchasing power
increased $1.5 billion, almost 1 percent.

west, Rocky Mountain, and Far West. These groups were
quite homogeneous in terms of economic developments in
1957-58. The dominant influences characterizing the industrialized group were a decline in manufacturing activity
and an above-average rise in government income disbursements. The second group of less-industrialized regions experienced little change in manufacturing, a sharp rise in farm
income in all except the Far West, and a large, though
somewhat less-than-average, gain in government disbursements. These changes are expressed quantitatively in table

Manufacturing activity reduced
The less-than-average income experience of these regions
stemmed directly from a decline in manufacturing activity.
In the industry as a whole, earnings of persons shrank $4.4
billion from 1957 to 1958. Nearly 95 percent ($4.1 billion)
of this loss occurred in these 3 regions alone, with all 17
States sharing in the reduction.
Concentration of the manufacturing decline in this industrial belt reflected the type of industry present. On a national basis, three-fourths of the drop in manufacturing
occurred in 4 "hard goods" industries—nonelectrical machin-

The recession of 1957-58 focused most directly on the New
England, Mideast, and Great Lakes regions, and limited the
growth of consumer incomes in these industrial States more
than elsewhere. As noted, personal income in New England
and the Mideast rose 2 percent from 1957 to 1958; in the

Table I.—Changes in Total and Per Capita Personal Income, by States and Regions, Selected Years, 1929-58
Per capita personal change

Total personal change
Percent of continental United States

State and region

Percent of continental United States

Percent change

Percent change

1929 to
1958

1950 to
1958

1957 to
1958

100. 00

316

58

2

100

100

100

100

193

38

1

6.53
.46
.31
.18
3.27
.48
1.83

226
239
242
188
201
189
298

53
49
58
45
49
34
69

2
3
3
2
3
1
1

125
85
98
89
130
124
146

127
88
97
85
132
125
154

109
80
88
79
111
110
128

114
83
92
85
116
96
137

167
184
173
178
162
126
174

43
43
43
47
44
20
48

1
2
1
2
2
—1
—1

26.36

25.26

11.76
4.07
6.63
.35
1.84
.61

228
197
290
214
422
421
253

51
50
67
43
82
75
22

138
165
132
110
145
111
181

133
146
138
109
169
120
197

118
126
120
105
144
107
147

117
126
123
103
134
108
128

148
123
171
174
171
186
107

37
37
41
36
28
40
20

1
2
0
j
-1
2
4

4.60
5.86
2.42
7.59
2.22

22.51
4.79
5.72
2.66
7.10
2.24

21.82
4.63
5.73
2.56
6.76
2.14

284
334
294
362
231
281

53
53
58
52
51
51

2
2
2
0
3
4
4
j
-2
—2
-1
1
2

114
113
111
87
136
97

112
114
112
93
127
93

111
113
108
102
123
98

106
102
106
97
118
94

172
165
180
225
154
184

31
25
35
31
33
32

-3
-4

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

8.80
1.86
1.68
2.53
.35
.35
.86
1.17

8.33
1.82
1.48
2.44
.31
.32
.77
1.19

291
320
271
283
336
298
240
324

49
55
38
53
41
45
42
60

5
5
3
4
17
4
5
10

81
85
82
89
53
59
84
76

81
88
84
88
59
60
74
72

94
94
97
97
85
81
98
92

94
93
91
99
82
80
92
97

237
220
223
224
353
294
221
274

37
37
29
41
35
35
29
46

4
3
1
3
16
4
3
9

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

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

15.67
1.85
.83
1.21
1.40
1.77
.82
1.59
2.34
1.22
.65
1.38
.61

459
525
274
322
408
502
523
459
1,007
410
304
466
284

63
64
35
52
52
53
57
62
129
64
45
67
41

4
4
-4
3
3
6
4
4
8
4
9
1
5

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

72
81
73
68
70
67
59
72
91
66
51
77
60

300
285
227
257
282
314
351
325
260
319
269
280
303

46
37
38
46
45
37
38
46
46
57
44
45
53

2
1
-4
2
2
4
3
3
2
2
8
0
6

Southwest
Oklahoma
Texas
New Mexico
Arizona

4.97
1.26
3.21
.20
.30

5.21
1.10
3.54
.25
.32

6.50
1.11
4.61
.35
.43

6.94
1.12
4.77
.43
.62

481
269
518
805
767

69
58
64
94
125

5
6
3
11
9

67
65
68
58
84

70
63
73
63
84

86
76
90
78
87

88
85
88
89
94

282
283
279
352
227

41
54
35
58
49

2
5
1
7
3

Rocky Mountain
Montana
Idaho
Wyoming
Colorado
Utah

1.88
.36
.26
.18
.75
.33

2.03
.40
.31
.19
.79
.34

2.23
.42
.34
.21
.86
.40

2.29
.37
.32
.19
.98
.43

404
323
400
342
446
434

62
38
49
41
82
70

4
4
5
3
4
4

85
85
72
96
91
80

89
96
78
102
92
82

96
108
86
109
97
86

93
93
83
102
100
85

221
223
238
208
221
214

34
20
33
28
42
37

1
1
3
2
1
1

8.62
1.36
.75
.09
6.42

9.89
1.47
.86
.13
7.43

11.70
1.77
1.09
.14
8.70

13.16
1.68
1.00
.19
10.29

535
413
450
768
567

78
50
45
118
87

4
3
4
6
4

129
107
97
125
142

132
111
105
147
141

120
112
107
130
124

119
105
98
125
124

169
188
194
193
157

36
29
25
33
38

1
1
2
4
1

.31

.81

.32

67

5

97

94

90

3$

2

Continental United States
New England _
Maine
New Hampshire
Vermont
Massachusetts.
Rhode Island
Connecticut
Mideast
New York
New Jersey
Pennsylvania. _
Delaware
Maryland
District of Columbia

__

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

- -

____
--

Southeast
Virginia
West Virginia _
Kentucky
Tennessee
North Carolina __
South Carolina
_
Georgia
Florida
Alabama
__
M ississippi
Louisiana
Arkansas

Far West _
Washington
Oregon
Nevada—
California
TeTritory of Hawaii

__

1940

1950

1958

100. 00

100. 00

100. 00

8.32
.56
.38
.26
4.51
.69
1.92

8.15
.57
.36
.23
4.32
.68
1.99

6.73
.48
.31
.20
3.45
.57
1.72

32.06

30.50

23.61
4.44
6.04
2.30
8.50
2.33

22.69

16.47
4.33
8.79
.28
1.47
.72

.

Great Lakes
Michigan
Ohio
Indiana
Illinois
Wisconsin

1929

_ _ _ _
__
_ _

-

_ .

- -.

14.92
4.37
8.17
.34
1.67
1.03

12.43
3.86
7.30
.31
1.67
.79

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




1929

1958

1950

1940

1929 to
1958

1950 to
1958

1957 to
1958

-3
, i
0

SURVEY OF CURRENT BUSINESS

August 1!I5!>

ery, fabricated metals, primary metals, and automobiles.
With four-fifths of their production (as measured by payrolls) located in the New England, Mideast, and Great Lakes
regions, the brunt of the reduction in manufacturing payrolls,
and, hence, of the recession in general fell on these 3 regions.
The drop in factory payrolls in New England and the Mideast was about half the relative magnitude of that in the
Great Lakes. In addition to the lesser importance of "durable goods" manufactures in these two regions, factory payrolls in the New England States were bolstered by the maintenance or increase of wages and salaries in the leather goods
industry in Maine, New Hampshire, and Massachusetts;

13

electrical machinery in Massachusetts; and nouautoinotive
transportation equipment in Connecticut and Maine.
That developments in manufacturing in 1958 were temporary and reflected only a phase of the production cycle is
indicated by the chart showing the course of factory payrolls from mid-1957 to mid-1959. Manufacturing activity in
the industrial regions is now ahead of its 1957 peak while
in the less-industrialized areas the record is still better.
Cutbacks in the basic commodity-producing industries of
New England, the Mideast, and Great Lakes regions had a
secondary impact throughout the State economies of these
areas. Most noticeable in this respect were the declines in

Table II.—Percent Changes in Industrial Sources of Personal Income, by States and Regions, 1957-58 1
Broad industrial sources of income

\
NonTotal
Farm
farm
personal income income
income

State and region

Continental United States

2

New England

2

12

14

10

0

13

16

9

0

14
16
15
11
9
20

14
17
14
14
12
2f>

15
15
17
6
3
14

0
0
1
-1

—1

—5

1

5

-4

3

5

-5

1

7

2

2

7

-32
-18
3
-17
-8
-12

-4
-3
1(5
-4
3
-11

-5
2
—8
2
—6
-7

-3
-1
2

-3
-4
0
0
9

3
5
4
1
2
4

5

2
0

3
4
5
7
5
10

9
5
5

-18

—2

—6

2

5

-5

2

5

-12
-15
-20
0
-I

2
—6
-3
—5
—7
6

__2
—4
-7

-7

6
3
4
4
9
,1

q
()
-10
10

1
3
3
10
7
-7

H
4
8
fj
10

-10

— (i

—9

_2

4

—5

2

-13
-12
-3
0
0

-10
—8

—9
—8

1
3
5
1
4

1
3
2
4
5

6

—2

4

5

2

13

16

8

-1

5
14
45
58
41

2
2
0

9
3
4

11
16
17
13
13
8

17
18
20
12
12
8

5
11
10
13
15
11

1
0
-3
0
0

-1

9

-1

17

22

11

-4

-2

22
18

24
17
13
15
15

33
23
17
17
18

15
9

-7

8
1

-3
-2
~2
1
2

12
12

-4
j
0

—1

-18
-12
-8
-5
-10

21

3

11

11

10

2

1

-8

3
4
3
6
5
4
3

15
9
10
10
9
6
9

14
8
15
8
8
9

17
11
4
15
11
4
10

1
3
1
5
4

{)

4
17
4
5
10

23
2
29
54
2
8
114

1

0

5
8
3
9
13

___ _ _

4

21

3

9

9

10

1

1

0

0

_ _ _ _ _

4
-4
3
3
(i
4
4
8
4
9
1
5

38
17
17
22
29
19
27
f)
32
17
11
13

3
-4
2
2
3
3
3
8
2
7
1
4

5
21
12
11
10
6
7
13
10
10
5
7

4
27
14
12
8
4
8
10
14
7

11

1
— 10

j
28
—1
-3
1
10

0

4

14
7
11
12
9
4
19
2
14
3
13

1
-9
—1
0
2

5

37

3

9

8

10

6
3
11
9

83
37
30

2
1
9
10

9

12
6
11
13

4
10
12
24

4

10

4

9

8

4
5

19
1
18
14
-11

I
6
2
4
4

12
13
-1

13
12

13

13

4
4

-T
i
2

...

Plains

5

Minnesota
Iowa
Missouri
Xorth Dakota
South Dakota
Nebraska
Kansas

3

__

. .

___ -

Southeast.

. ..

South Carolina

_.

__

_ _

__

___ _

Southwest
Oklahoma
Texas
Xew Mexico
Vri/ona
__
_ _ _ _ _ _

4
1

0

J

17

g

0
-1
—4
0
0
1

—9

1
5
4

1
13
5

_2
0
0

3

-3
0

2

5

t

2
2
1
4

6
4
5

-3
1
0

5
5
4

10
0

2

8

0

4

4

2
-3
0

5
4
3
6
6
8
6
13
8
9
8
7

—5
-13
—7
0
2
9
3
0
—3
-4
—6
0

6
6
5
3
4
8
4
2
8
5
4
3

H
j

2

4

7
4
-10
9
6
2

4
5
4
12
3
5

3

7
—9
29
-4
-2

2
-1
1
—I
-1
10
-4
11
-4
4

1

1

-5

2

-2

2

6

-2

4

4

0
0
8
8

0
j

-3
—6

^.

1
2

3

8

-2
2
1
1

3

-10

6
4
22
10

2
4

8

6
-4
21
23

12

2

1

-13

6

9
"

2

8

11
14
12
10
14

—3
5

2

12

^4
2
3
1

-14
0
— 10
— 11

5
10
15
5
4

-10

—7
3
9
3

-1

2
6
0
7
-1
3

—I
-1

0

2

4

12

12

12

2

2

-8

4

3
4
5
4

8
11
9
13

f5
13
8
13

11
8 !
11
13

o
2
4
2

2
2
3

-17
1
— 19
-7

1

4
fj
4

—8
3
41
3

-10
5

Territory of Hawaii

-5

-7

6

3

_£

7 j

9

7

0

W




1

r>

-24
-13
-13
-11
0
—3
0
— 16
6
-7
-14

J

4

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

o
1

—5

0

Washington
Oregon
Nevada
California

Far West

Services

—5

24

_2

-3
0
0
1
__2
-3

Communications
and
public
utilities

-1

o
2
0

32
0
— fi
-1

Transportation

-11

2

3
3

Finance,
insurance,
and real
estate

-13

.

..

_

2
2

Wholesale and
retail
trade
1

i

..

Michigan
Ohio
Ind iana
Illinois
Wisconsin

Montana
Idaho .
Wyoming
Colorado
Utah

State
and local

4

Great Lakes

Rocky Mountain

Federa

Contract ManuAll private non- Mining construc- facturfarm intion
ing
dustries

n

-

Georgia
Florida
Alabama
Mississippi
Louisiana
Arkansas

Total

Private
rionfarm
income

1
1

Xew York _ _ _ _ _
Xew Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

Virginia _
West Virginia
Kentucky
Tennessee
Xorth Carolina

Government income disbursements

2
3
3
3
1
1

Maine
Xew Hampshire
Vermont
Massachusetts _
_
Rhode Island
Connecticut
__ _ _ . . _
Mideast

17

Income received by persons for participation in current production

2

1
1
2
8
2
2

2

^

3
8

8

11
12

4

5
4
Li)
-4
5
(i

4
8
iO

,)
-5

()
4
{')
5
3

4

-2

3

G

0
9
3

4
4
12
fi

13

0

-4
0

1
-12
-1

2
4
3
3
3

11

3

4
C)
4

12

12

—3
-5
"
0

SURVEY OF CURRENT BUSINESS

14

many service-connected industries in the States of the Great
Lakes region where the manufacturing decline was most
pronounced.

Income from government expands
Government income disbursements more than counterbalanced the decline in income from manufacturing in New
England and the Mideast; in the Great Lakes, the increase
was about three-fourths as large as the decline in factory
earnings.
The above-average increase in income paid out by governments in these industrial regions was due mainly to an approximate doubling of total unemployment insurance benefits. Because the expansion in this income item was in
direct response to the decline in economic activity, the increase was greatest in these regions \vhere the impact of
the recession had been most severe.

Income in Less-Industrialized Regions
In the five less industrialized regions, economic conditions
last year were broadly uniform and contrasted moderately
with those in the areas already discussed. In the Plains
and Southwest, aggregate income moved up 5 percent from
1957 to 1958. In the other 3 regions—the Southeast, Rocky
Mountain, and Far West—the rise was 4 percent. The
above-average income experience of these less industrialized
areas in 1958 stemmed from two factors. Individuals' earnings from manufacturing held up well, and farm income
provided a major stimulus to the income flow of all except
the Far West.

Index, 2nd Qtr. 1957=100

Nonindustriai Regions
Plains

-

Southeast
Southwest
Rocky Mt.
Far West

100 -

90

—

Industrial Regions
New England
Mideast
Great lakes

80

1957

1958

1959

Quarterly Totals, Seasonally Adjusted
Data: BES S BLS
U. S. Department of Commerce, Office of Business Economics




Manufacturing activity maintained
In the Plains, Southeast, and Southwest, the resistance
of manufacturing activity to the down phase of the business
cycle reflected mainly the kind of industry present. The five
major types of manufactures that expanded most from 195T
to 1958 (food, tobacco, paper, printing and publishing, and
chemicals manufactures) are half again as important in the
manufacturing economy of these 3 regions as in the Nation.
Similarly, those industries that declined most last year are
of comparatively less importance in these regions.
A more basic factor with implications for the longer run
industrial growth of the two southern regions is that payrolls in nearly every major type of manufacturing in these
areas expanded at above-average rates from 1957 to 1958.
Earnings paid to individuals by the manufacturing industry in the Rocky Mountain region rose in 1958. This expansion, in this the least industrial region, was the product
of small but pervasive gains in most industries. Whereas,
nationally, individuals' earnings declined in 16 of 21 types
of manufactures, in the Rocky Mountain States, there were
declines in only 3 industries and of these 2 are comparatively
minor as sources of income.
Income paid out by all manufacturing industries in the
Far West in 1958 was within 1 percent of the 1957 total.
Developments in four industries were primarily responsible
for this favorable experience. These include: A 3-percent
rise in lumber manufactures in Oregon; a 16-percent spurt
in the nonautomotive transportation equipment industry in
Washington—which countered a 5-percent decline in this
activity in California; a 7-percent gain in the production
of electrical machinery in California; and a 13-percent increase in the fabricated metals industry in California.

Farm income up

Recent Changes in Manufacturing Payrolls
by Regions

no

August 19o9

59-8-5

Agriculture exercised unusually strong influence on the
general income flow in the Plains and Southwest in 1958.
In these two regions farm income increases of one-fifth and
two-fifths, respectively, accounted for nearly one-half of the
rise in overall personal income. In the Southeast, a gain
of one-fifth in income from agriculture made up one-third
of that region's total income advance. In the Rocky Mountain region the rise, although more limited, was nonetheless
substantial.
In the Plains, income from livestock marketings moved
ahead substantially in all States and provided a broad base
for the region's improvement in farm income. Most outstanding, however, were spectacular upsurges in wheat production in Kansas (in part, a recovery from a poor year in
1957) and in wheat and other small grains in North Dakota.
These increases boosted income in Kansas and North Dakota
to levels well above 1957. In evaluating the sizable differences in rates of change in farm income among individual
States of this region, a special situation should be noted.
Last year, farm income declined in Iowa and increased only
slightly in South Dakota and Nebraska. However, these
three States had scored top-ranking expansions in farm income in the previous year. Conversely, the other four States
of the area each with outstanding gains in agriculture in
1958, had experienced a decline or a small increase in the
previous year.
In the two southern regions most of the upturn in farm
income is traceable to moderately large increases in several
basic types of agriculture in the various States. Particularly uniform were the State gains in income from production of meat animals. In 12 of the 16 States of these
regions, increases in this source of farm income ranged

SUEVEY OF CURRENT BUSINESS

August 1959

between 25 and 50 percent. The top-ranking regional spurts
in farm income were scored by Oklahoma and Texas and
were sparked primarily by a near-tripling of wheat production in the former and a doubling of that crop in the
latter.

Government contributes to expansion
In dollar terms, Government income disbursements formed
the largest element of growth in the income flow of the
Southeast, Rocky Mountain, and Far West regions last
year. In the Plains and Southwest, this income source
ranked second only to agriculture as a direct generator of
increased consumer income in 1958.

15

As shown in table II, however, the relative increase in
Government payments to persons, though large, was substantially less in these southern and western regions than in
the more industrialized parts of the Nation. This lag reflected the proportionately smaller amounts paid out in unemployment insurance benefits in these regions in response
to the lesser impact of the recession.
There were exceptionally large advances in Government
income disbursements in West Virginia and Minnesota, and
a decline (the only one among the States) in Wyoming.
In the first two States, the payment of a bonus to veterans
of World War II pushed up the State and local segment,
while the Federal component increased as UI benefits rose
( Text continued on page 32)

Table 1.—Personal Income, by States and Regions, 1954—58
Table 2.—Per Capita Personal Income, by States and Regions, 1954-58
Table 3.—Population, by States and Regions, 1954—58
Table 1 (millions of dollars)

Continental United States
New EnglancL _
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 Dakoa
South Dakota
Nebraska
_
Kansas

_ -_
_

Southeast
Virginia
West Virginia
Kentucky
Tennessee
North Carolina
South Carolina
Gerogia
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 Haw a i i

__

_

_ _ _ _ _

Table 3 (thousands)

Table 2 (dollars)

State and region
1954

1955

1956

1957

1958

285,339

306,598

330, 380

347,911

356, 328

1,770

1,866

1,975

2,043

18, 857

20, 200

21, 642

22, 769

23, 257

1,944

2,085

2,228

2,315

1,312
894
543
9,403
1,515
5,190

1.452
952
567
10, 056
1,617
5,556

1,532
1,006
606
10, 719
1, 677
6,102

1,573
1, 066
634
11,322
1, 696
6,478

1,622
1,101
649
11,641
1,720
6, 524

1, 435
1,620
1,468
1,936
1,852
2,371

1,580
1,722
1,549
2,089
1,955
2, 515

1, 649
1,781
1,638
2,241
1,985
2,749

1,675
1,860
1,714
2,346
1,979
2,855

1954

1955

1956

1957

1954

1955

1956

1957

2,057

161, 191

164,303

167,261

170,293

173, 260

2,335

9,700

9,688

9,713

9,835

9, 961

1,704
1,885
1,745
2,394
1,966
2,817

914
552
370
4, 857
818
2, 189

919
553
366
4, 814
827
2. 209

929
565
370
4,784
845
2,220

939
573
370
4,827
857
2,269

952
584
372
4,862
875
2, 316

1958

1958

73,231

78, 014

84, 058

88, 497

90, 057

2,049

2,150

2,298

2,397

2,413

35, 739

36, 287

36,585

36,925

37,314

34, 189
11,622
19, 572
906
5,084
1,858

36, 508
12,351
20, 706
1,049
5,453
1,947

39, 023
13, 379
22, 410
1,204
5,998
2,044

41, 078
14, 220
23, 580
1,216
6, 323
2,080

41,954
14,494
23, 617
1,253
6, 566
2,173

2,166
2,215
1,804
2,422
1, 932
2,183

2,276
2,305
1,903
2,649
1, 960
2, 349

2,427
2,429
2,049
2,894
2,113
2,530

2,544
2,532
2,141
2,802
2,184
2,537

2,585
2,521
2,127
2,760
2,221
2, 634

15, 785
5, 246
10, 851
374
2, 632
851

16,041
5, 358
10,881
396
2.782
829

16, 079
5,507
10, 937
416
2, 838
808

16, 148
5, 617
11,011
434
2.895
'820

16, 229
5, 749
11,101
454
2, 956
825

64, 894

70, 208

75,341

78, 283

77, 734

1,961

2,083

2,194

2,238

2,182

33, 093

335 699

34,347

34,978

35, 619

14, 127
17,241
7, 623
19, 751
6,152

15,785
18, 589
8,251
20, 968
6, 615

16, 587
19, 901
8,859
22, 857
7, 137

16,893
20, 819
9, 231
23, 856
7,484

16, 507
20, 409
9,118
24, 076
7, 624

1,982
1,931
1,796
2,156
1, 694

2,146
2,071
1,902
2, 249
1,784

2,191
2, 194
1, 998
2,410
1,884

2,192
2,261
2,048
2, 460
1, 938

2,099
2,184
1,990
2,435
1,936

7, 126
8, 927
4, 245
9, 163
3, 632

7, 354
8, 978
4, 337
9, 323
3, 707

7,571
9,070
4, 433
9, 484
3,789

7,705
9, 206
4,507
9,699
3,861

7, 866
9, 345
4, 581
9, 889
3,938

24, 084

24, 683

26, 200

28, 154

29, 671

1,652

1, 659

1,737

1,851

1,928

14,578

14,879

15, 087

15,214

15, 390

5, 154
4,489
7, 055
783
910
2, 259
3,434

5, 450
4,260
7,579
872
861
2,203
3, 458

5,768
4,572
8,082
917
926
2,294
3,641

6, 158
5, 1 16
8, 364
940
1,098
2, 635
3,843

6, 468
5,258
8,702
1,103
1,147
2,759
4, 234

1,648
1, 691
1,711
1,241
1,362
1, 670
1,698

1,710
1,571
1,803
1, 365
1,266
1, 584
1, 674

1, 768
1,661
1,914
1, 431
1,338
1, 609
1,740

1, 856
1,838
1,974
1,457
1, 584
1,834
1,830

1,916
1,863
2,037
1,697
1, 641
1,894
2,001

3, 127
2,654
4,123
631
668
1,353
2, 022

3, 188
2,712
4,203
639
680
1,391
2,066

3,262
2,752
4,222
641
692
1,426
2,092

3,318
2,783
4, 238
645
693
1,437
2,100

3, 375
2,822
4,271
650
699
1, 457
2,116

43, 148

47, 154

50, 971

53,632

55, 826

1,231

1,321

1,399

1,439

1,471

35, 061

35,697

36, 423

37,271

37, 939

5,256
2,414
3, 627
4,056
5, 023
2,414
4,414
5,312
3,258
1, 836
3, 756
1,782

5,603
2,586
3, 782
4, 347
5,535
2,604
4,918
6,088
3,708
2, 065
3,985
1,933

6,094
2,878
4,022
4, 652
5, 902
2,711
5,274
6,979
3, 932
2, 097
4,424
2,006

6,342
3,091
4,177
4,841
5,954
2,813
5,441
7, 733
4,201
2, 121
4,854
2, 064

6,586
2,972
4,303
4,992
6, 297
2,929
5, 678
8, 334
4, 364
2, 302
4, 901
2, 168

1,508
1,225
1,222
1,213
1, 196
1,071
1,222
1, 531
1,072
876
1,315
1,008

1, 569
1,319
1, 266
1,280
1,280
1, 134
1,350
1, 655
1,204
985
1,375
1, 096

1,645
1,471
1,345
1, 362
1, 341
1, 166
1, 423
1, 773
1, 263
978
1,483
1,148

1, 657
1,575
1,373
1,406
1,331
1,188
1,443
1,837
1.329
'979
1,583
1,160

1,674
1,509
1, 397
1,439
1,384
1,218
1,487
1,876
1,359
1,053
1,576
1,228

3,485
1,970
2, 969
3,341
4, 199
2. 255
3,611
3, 469
3, ('»!()
2, 0%
1, T()N

3, 570
1,961
2,987
3, 397
4, 325
2,297
3. 644
:; 678
3, 079
2, 097
2, 899
i. 763

3, 704
1, 957
2,990
3,415
4,402
2,325
3,705
3,937
3, 112
2,145
2, 984
1,747

3,828
1, 963
3,043
3, 443
4,472
2, 368
3,771
4, 209
3, 162
2, 166
3, 066
1,780

3, 935
1,969
3, 080
3, 469
4,549
2,404
3, 818
4, 442
3.211
2, 186
3, 1 }()
1, 766

19, 136

20, 513

22, 105

23, 587

24, 733

1,555

1,618

1,704

1,770

1,813

12, 305

12, 679

12, 969

13,323

3, 162
13, 391
1,088
1,495

3. 341
14, 380
1,159
1,633

3,572
15, 422
1,257
1,854

3,734
16, 436
1, 398
2,019

3,975
17, 007
1,548
2, 203

1,474
1,580
1, 433
1,611

1,538
1, 639
1,494
1,705

1, 608
1,724
1, 599
1,825

1, 654
1,791
1, 720
1,873

1,740
1,814
1, 838
1,932

2, 145 !
8,473 i
759
928

2,172
8,773
776
958

2,222
8, 945
786
1,016

2,257
9,175
813
1,078 !

2, 2S5
9, 377
842
1,140

6,174

6,670

7,285

7,897

8,134

1,638

1,708

1,801

1, 888

1,916

3, 770

3, 906

4,044

4,136

4} 246

1, 071
880
537
2,543
1, 143

1,158
917
570
2, 783
1, 242

1,229
1,024
614
3, 064
1, 354

1, 274
1,068
646
3, 357
1, 462

1,321
1, 126
668
3,503
1, 516

1, 733
1, 486
1,814
1, 694
1, 498

1, 844
1,508
1, 833
1,785
1, 552

1,882
1,641
1, 949
1,883
1,641

1, 899
1, 656
2, 038
2, 019
1,740

(528
608
311
1,559
800

653
624
315
1, 627
825

671
645
317
1,663 i
840 ;

688
662
320
1,711
865

35, 815

39, 156

42, 778

45, 182

46, 916

2,113

2,241

2, 364

2,428

2, 450

16, 946

17,472

18, 093

18,609 |

19, 146

4,956
2, 919
508
27, 432

5,211
3, 139
582
30, 224

5, 502
3, 398
605
33, 273

5,815
3, 430
647
35, 290

5,982
3, 556
686
36, 692

1, 960
1, 764
2, 330
2,187

1, 990
1,853
2, 395
2, 340

2, 056
1, 962
2, 382
2, 477

2, 134
1, 968
2, 469
2, 543

2, 160
2,006
2, 569
2, 559

2 5?9
1,655
218
12, 544

2,618
1,694
243
12, 9] 7

2,676
1,732
254
13, 431

2 725 i
1,743
262 i
13,879 !

2, 769
1,773
267
14,337

893

952

1,024

1,098

1,154

1,717

1, 731

1,787

1,821

1,852

550

o7o

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


1, 920
1,701
2,088
2,047
1, 753

2, xr.fi

618

:

592 i
290
1, 501
763

13, 644

i
520 I

(•03

C.%3

SURVEY OF CURRENT BUSINESS

16

August 1950
Tables 4—17.—Personal Income

[Millions of dollars]
Table 5.— New England

Table 4.— Continental United States
Lino

1954

3
4
4a
5
fi
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

Table 6. — Maine

I? em
1955

1950

1957

285, 339 306, 598 330, 380 317,911 356, 328
193, 089 208, 039 225, 070 235, 866 236,671
2, 847
2, 749
2, 702
2, 699
2,707
3,774
4,237
3, 393
3, 676
4, 107
98
126
142
120
125
942
1, 182
1, 001
1, 152
916
1,774
1,691
1, 554
1, 698
1, 431
1,043
1, 155
904
1, 001
1,132
11,202 12, 285 13, 682 14.046 13. 969
65, 948 72, 132 77, 706 80, 644 76, 674
34. 447 36, 974 40, 203 42, 301 43, 060
9, 588 10, 221 10, 855
8,778
8,043
4,425
4, 146
3, 531
3.187
3, 857
6, 430
6, 075
5, 731
5,247
4, 856
11,678 12, 392 13, 349 13, 916 13, 348
5, 565
6, 020
6,055
5, 627
5, 481
3, 899
3. 662
3,877
3.341
2,933
3,884
3,984
3,424
3, 667
3, 264
7,366
7,186
6, 784
6, 250
5, 881
4,045
4,049
3,817
3, 243
3, 482

Persona! Income
Wage and salary disbursements
Forms

\lining

Bituminous and other soft coal mining

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
Transportation
-- Railroads
_
Highway freight and warehousing
Other transportation
Communications and public utilities
Telephone, telegraph, and other communications.
2, 638
Electric, gas, and other public utilities
17, 557
Services
1, 125
Hotels and other lodging places
_ _ . ..
4,923
Personal services and private households
2,517
Business and repair services
1, 460
\niusement and recreation
7,532
Professional social and ral'ited services
31,805
Government
. .. ..
_ .
9,234
Federal, civilian
7, 707
Federal, military
14, 864
State and local
436
Other industries
6, 214
Other labor income

39, 164
Proprietors' income
12, 691
Farm
26, 473
Nonfann
35,252
Property income
16, 174
Transfer payments
- - - -Less: Personal contributions for social insurance.__ 4,551

2, 768
19, 071
1,190
5, 323
2, 843
1, 584
8, 131
33, 298
9,811
7, 495
15, 992
476
7,136
41, 421
11, 767
29, 654
37, 690
17,471
5,155

2, 967
20, 945
1,257
5, 603
3,337
1, 663
9,085

3,137
22, 520
1,327
5,811
3, 738
1,711
9,933

35. 457
10, 349
7, 492
17, 616
547

37, 484
10, 712
7,378
19, 394
562

8, 102

9,144
44, 483
11, 780
32, 703
43, 441
21,668
6, 689

43,715
11,617
32, 098
40, 506
18, 777
5,790

1.954

1955

1956

1957

ID;- 8

18,857
13,101)

20,200
13,909

21, 642

110
22

112
25

22, 769
15, 706
114
29

23, 257

15, 083
114
28
(2)

(2)

195S

2~

(2)
2
22

656
230
426

832
6, 447
2,519
713
249
464

496
198
172
126

502
188
186
128

539
195
209
135

3
25
861
6. 572
2, 637
768
268
500
559
192
218
149

390
219

425
245

455
264

468
273
196
1,511
77
368
196
70
800
2, 122
533
437
1, 152
63
560
1, 950
185
1, 766
3,341
1,621
409

20
638
5. 582
2, 190
616
209
406

744
5, 908

2,322

3
24

3,321

171

180

191

23, 722
1,345
6.039
3, 921
1. 763
10, 654
40, 486
11, 641
7,482
21, 363

1,187
68
314
117
60
629

1, 265
68
340
131
63
663

1,391
74
354
164
66
733

1,830
475
418
936

1,900
495
407
998

1, 986
513
424
1,048

570
9, 310

49

52

60

412

450

499

46, 555
14, 198
32. 357

1,609
172
1, 437

1,809
224
1, 585

1,909
186
1,723

44, 675

2,810

3,047

3,121

26, 060
6, 942

1,211

1,312

295

327

1,383
352

1954

(

1,312
884
21
1

15, 743
110
26

1955

1956

1957

1,452

1,532
1,007
21
2

1, 573

1,622

1, 033
23
2

1, 033
24
1

(2)

(2)

936
21
2
(2)

1
25
815
6, 272
2, 672
829
295
534

1958

1

2

2

2

545
175
217
153
476
268

58
334
144
25
11
14
44
26
11
7
28
15

64
354
154
27
12
15
46
26
13
7
29
16

61
390
169
31
13
18
50
29
14
8
31
17

55
387
179
33
14
19
52
29
15
8
32
18

209
1. 630
78
387
216
74
876

13
66
6
21
4
3
32

14

14

18

158
39
54
65

77
9
24
4
3
36
186
49
59
78

64

6
22

73
8
24
4
3
33
173
47
56
70
7
27
225
66
159

81
8
25
4

2, 303
580
466
1, 256

13
67
7
23
3
3
31
168
47
53
68

579
1,952
211
1,741

154
133
177

3,447
1,953
417

96
22

6
23
229
152
179
108
24

30

!

210

49

161

1
53
368
173
34
15
19
50
27
15
8
33
15

40
208
54
64
90
31
230
71
159

187
112

201
129

207

26

30

31

152

1. Data for earlier years are published in Personal Income by States Since 1929, a supplement to the SURVEY OF CURRENT BUSINESS.
[Millions of dollars]
Table 11. — Connecticut
Line

Table 12.— Mideast

Item
1954

1955

1956

1957

1958

1954

1955

1956

1954

1955

195')

1957

1958

90, 057

34, 189

36, 508

39, 023

23, 879
112
57

25,313
103
58

27, 142
106
68

41,078
28, 495
113
69

41, 954
28, 749
122
64

(2)

(2)

3, 603
1, 300
895
1, 407

61, 992
28(5
453
98
201
29
125
3,258
21,111
11,549
3,477
1, 465
2,013
3, 409
1, 154
893
1, 362

1, 307
372
272
663

6
52
1,221
8, 125
5, 234
1, 799
791
1,008
1, 401
386
300
715

1
7
60
1, 356
8,706
5,607
1,893
838
1,055
1,502
416
321
764

1
8
60
1,432
8,966
5,935
1, 994
881
1,112
1,587
418
339
830

1
8
55
1,463
8,625
6,114
2, 115
946
1, 169
1,517
379
335
804
984

1957
1

1

!

4a
5
6
;

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

Personal income
Wage and salary disbursements

-

Farms
Mining

Bituminous nnr] othpr soft POP! mining
Crude petroleum and natural gas
IVlining and cjuarrying except fuel
Contract construction
Alanufacturing
Wholesale and retail trade
. -...
Finance, insurance, and real estate
.. Banking and other finances
Insurance and real estate
Transportation
Railroads
Highway freight and warehousing . ..
Other transportation
Communications and public utilities _
Telephone, telegraph, and other communications
Electric, gas, and other public utilities
Services
Hotels and other lodging places - _ . ._
Personal services and private households
Business and repair services
_
Amusement and recreation
Professional, social, and related services
Government
Federal, civilian
Federal, military
_
State and local
Other industries
Other labor income
.__.._
Proprietors' income
Farm
.
....
Nonfann
Property income
Transfer payments
- -- .
Less: Persona! contributions for social Insurance__~




Table 13.— New York
j

6,478
4,572
28
6

6,524
4,475
28
5

6
312
2,222
697
246
70
176
130
36
57
36

5
278
2, 056
702
270
84
186
127
33
54
39

1958
1

!

4
199
1, 843
540
194
52
142
113
41
42
29

5
234
1,946
583
204

94

103

285
2,150
654
225
64
161
124
36
54
33
114

121

125

73,231
51, 663
296
498
142
218
28
110
2, 654
18, 712
9,337
2, 693
1, 083
1, 610
3, 019
1, 154
695
1, 170
1, 659

1, 755

1,891

1,971

2,001

836

881

953

981

52
43

57
46

64
50

68
54

69
57

974
685

1, 033
722

1, 125
766

1, 160
841

558
278

594
287

648
305

671
310

657
327

311
13
90
30
16
161
317
57
44
216

337
14
98
36
18
171
345
60
45
240
11

368
15
102
48
19
183
368
63
48

396
15
107
55
20
199
399
68
50
281

420
15
112
55
21
216

5, 281
379
i, 393
966
395
2, 148
7, 426
2, 616
1, 148
3, 063

5, 669
358
1, 500
1,081
424
2, 305

6, 134
365
1, 543
1, 238
455
2, 534

1, 178
793
6,641
380
1,614
1,374
470
2, 803

7, 018
383
1, 687
1, 436
494
3,017

2, 874
238
688
614
257
1,076

3, 098
223
744
688
278
1, 164

8, 309
2, 870
1, 0(5(5
4, 368

8, 722
3, 003
995
4, 725

9,321
3, 270
1.013
5, 038

3, 352
844
337
2,172

96

110
2,174

109
2,457
8, 016
596
7, 420
12, 390
5, 404
1, 794

)09
2, 443

3,157
793
346
2,018
38
755
3,172
250
2, 923
5, 136
1, 832

5, 541

6, 676
1, 846

586

649

3,583
235
794
859
310
1, 386
3, 789
893
281
2,615
46
1, 027
3,814
264
3, 550
6,151
2, 442
851

3, 764
238
822
88(5
326
1,491

7,844
2, 797
1 , 104
3, 944

3,334
226
759
781
301
1, 267
3,570
853
318
2, 399
47
924
3, 790
254
3, 536
5,756
2.149
737

5,190
3, 656
95
4

5, 556
3,911
28
5

(2)

(2)

10
126
448

804

147
115
38
47
30

132
403
55
438

228

838
263

72

79

6,102
4,336
30
5

14
147
528
43
48G
908

14

449
75
54
320
14

166
554
46
508

171
545
49
496

975

271

316

1,020
417

89

105

103

78, 014
54, 915
277
494
120
232
25
117
2,890
19, 866
9,886
2, 924
1,217
1, 707
3,214
1, 204
777
1, 232

84, 058

88
1, 743

1, 943

6, 865
6(»8
6. 197

7, 361
(503
(i, 75S

10, 106

10, 783

4,094
1,240

4, 396
1, 383

59, 078
273
541
125
257
28
130

3,210
21, 455
10, (519
3, 099
1,298
1,802
3,438
1,289
843
1, 306

8, 032
70(5
7, 32(5
11, 593

4,724
1, 543

88, 497
62, 024
547
126
256
30
135
3,302
22, 316
11, 245
3, 290
1, 375
1, 916

8, 078
791
7, 2:57
12, 712

6
50
1,123
7,786
4,947
1,642
696
946

42
830
3, 483
234
3, 249

1,990

3, 933
959
282
2, 692
46
1, 045
3, 762
27(5
3,487 |

6,298
3,009
909

SURVEY OF CURRENT BUSINESS

August 1959

17

by Major Sources, 1954-581
[Millions of dollars]
Table 9.— Massachusetts

Table 8.— Vermont

Table 7.— New Hampshire

Table 10.— Rhode Island
Line

1954

1955

1956

1957

1958

1954

1955

1956

1958

1957

1954

1955

1956

1957

1958

1954

1955

1956

1957

1957

1,677
1,189
3
1

1,696
1,177
3
1

1,720
1,182
3
1

(2)
1
55
473
190
51
18
33
37
9
18
11
35
17

(2)
1
57
445
194
53
18
35
37
8
18
12
35
17

1
2
3
4
4a
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

18
100
4
27
10
6
52
254
65
103
86
3
43
126
8
118
242
167
39

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

894
593
7
1

952
635
7
1

1,006
680
7
1

1,066
715
8
1

1,101
734
7
1

543
347
19
4

567
359
18
5

606
397
20
5

634
400
20
6

649
402
16
6

9,403 10,056
6, 551 6,931
35
36
10
12

10,719
7,474
33
13

11,322
7,808
32
14

11,641
7,916
32
12

1,515,
1,078
2
1

1,617
1,138
3
1

1
33
255
86
20
7
13
22
11
7
4
20
11

I
42
278
92
21
8
14
23
11
8
4
21
12

1
39
298
98
23
8
15
24
11
9
4
23
13

1
39
306
105
26
9
17
25
11
10
4
23
13

1
38
301
105
27
10
18
24
9
10
4
25
13

4
12
125
56
12
5
6
22
15
5
2
11
6

5
15
130
58
13
6
7
20
14
4
2
11
6

5
18
147
62
14
6
8
22
15
5
2
12
6

6
20
140
63
15
6
8
23
15
6
2
12
7

6
24
127
64
16
6
9
23
15
6
2
13
7

2
8
286
2, 586
1,192
323
119
204
262
95
93
74
204
120

2
9
335
2,734
1,258
345
131
214
264
91
98
74
227
137

3
10
375
2,974
1,348
372
140
232
282
95
110
78
240
145

3
10
378
3,043
1,403
399
151
247
292
92
112
88
245
151

1
10
365
2, 975
1,433
428
161
267
284
82
114
88
245
144

1
49
440
167
42
15
27
33
9
14
10
32
16

1
54
466
177
45
17
29
34
8
15
10
34
17

9
52
5
13
2
3
28
96
33
17
46
1
16
99
18
81
139
61
15

10
55
6
14
2
4
29
93
33
16
45
1
18
110
20
89
139
66
16

10
59
7
14
3
4
31
105
33
23
49
1
21
111
18
93
139
72
17

11
64
8
15
3
4
35
116
36
27
53
2
24
113
17
96
151
82
19

12
69
8
16
3
5
38
136
40
33
62
1
25
112
17
95
156
93
20

5
36
4
10
1
1
21
49
12
8
29
1
10
77
27
50
79
39
9

5
38
4
10
1
1
21
51
14
6
30
1
11
84
25
58
80
44
10

5
41
5
11
1
1
22
54
14
7
32
1
13
77
17
61
84
45
11

5
43
5
11
2
1
24
57'
15
8
35
1
14
89
27
62
90
51
12

6
46
5
11
1
2
27
67
16
9
42
1
15
92
28
64
93
59
13

85
640
36
157
72
30
346
984
278
191
514
29
206
716
42
675
1, 405
673
148

91
683
34
168
79
32
371
1,008
281
182
544
30
230
775
40
735
1,569
716
165

95
761
35
176
98
33
419
1,042
292
184
566
34
252
839
36
804
1,570
759
175

94
837
37
184
123
35
458
1,130
304
200
626
36
284
858
40
818
1,682
895
205

101
915
38
195
141
37
504
1, 189
330
204
656
38
294
847
38
809
1,728
1,066
211

17
82
3
23
8
5
42
226
56
104
66
2
32
114
8
106
206
114
30

17
84
3
26
9
6
41
235
60
105
71
3
36
119
7
112
242
116
33

(22)
()
55
487
188
47
17
30
36
9
17
10
36
19
18
89
3
26
9
6
44
244
64
105
75
3
38
127
7
121
232
125
34

18
94
3
26
10
6
48
234
61
93
80
3
41
126
ft
120
241
149
38

2. Less than $500,000. Xote.—Detail will not add to totals due to rounding.
[Millions of dollars]
Table 14.— New Jersey

Table 15. -Pennsylvania

Table 17.— Maryland

Table 16. — Delaware

Line
1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

11,622
8, 443
50
21

12,351
8,933
48
23

13,379
9,555
47
24

14,220
10, 128
46
26

14, 494
10, 178
49
23

(2)
(2)

2

2

2

2

20, 706
14, 642
82
402
120
230
18
34
769
6, 356
2,303
522
215
307
983
517
233
233
443

22, 410
15, 826
79
437
125
255
21
36
822
6, 890
2,508
557
230
327
1,047
554
254
239
474

23, 580
16, 599
76
440
126
253
22
39
861
7,239
2, 624
'599
247
351
1,079
562
269
248
499

23,617
16, 073
74
355
98
199
21
38
840
6, 613
2, 677
632
264
368
980
482
266
232
510

205
238
1, 156
63
320
143
64
567
1,606
581
167
858
20
615
1,866
209
1, 658
2,614
1,320
351

223
251
1, 269
65
333
162
66
643
1,720
591
164
965
23
686
2,012
234
1,778
2,888
1,378
379

237
262
1,388
68
347
181
68
724
1,772
625
150
997
23
784
1,993
185
1,808
3,077
1,575
448

235
276
1,460
68
364
188
71
769
1,909
677
149
1,084
23
739
2,082
305
1,777
3,168
1,995
440

()

()

()

21
493
3,698
1, 336
346
114
232
474
159
152
163
254

22
535
3, 918
1, 423
372
128
244
504
153
174
176
270

24
585
4,242
1,507
400
140
260
536
158
190
189
286

26
589
4,406
1, 643
440
152
288
570
157
204
209
302

22
556
4,226
1, 689
455
154
301
566
146
207
214
310

19,572
13, 772
92
410
142
216
21
31
724
5,902
2,189
490
198
293
926
487
206
233
414

138
116
740
42
215
155
46
282
1,018
247
248
523
13
314
1,128
88
1,040
1,362
562
186

146
124
808
41
230
184
50
304
1, 016
249
208
560
15
339
1,238
81
1, 157
1,432
612
203

155
132
859
41
235
215
53
315
1,051
265
182
604
17
384
1,358
112
1,246
1,628
680
227

165
137
951
43
250
251
56
351
1,138
283
188
666
18
435
1,375
82
1,293
1,748
798
265

162
149
1,010
43
261
270
58
379
1,276
312
215
748
18
441
1,363
96
1,267
1,797
966
252

191
224
1,100
64
300
137
62
537
1,509
546
162
801
17
538
1,828
240
1,588
2,487
1,264
317

()
(2)




1954
906
585
10

1955

1956

1957

1958

1954

1955

1956

1957

1958

1,049
659
10
(2)

1,204
759
8
(2)

1,216
768
8
(2)

1, 253

5, 084
3,706
33
9

5,453
4,022
33
10

5,998
4,406
32
11

6,323
4, 643
33
12

6,566
4,756
31
12
2

1

(2)

(2)

(2)

(2)

(2)

(2)

(2)

(2)

(2)

(2)

2
3
4
4a
5
6

(2)

(2)

(2)

(2)

(2)

8
267
1,112
039
157
56
102
239
108
56
75
111

9
314
1, 234
700
172
61
111
256
113
63
80
126

10
316
1, 299
755
186
67
119
267
112
67
88
137

10
296
1,250
797
204
72
131
238
88
70
80
146

8
9
10
11
12
13
14
15
16
17
18

57
53
371
16
126
42
23
164
1,070
524
291
255
13
110
531
55
476
634
266
110

68
58
400
17
133
49
25
175
1, 146
562
292
292
15
125
597
75
522
706
287
124

73
64
424
19
140
56
27
183
1,199
596
272
331
15
145
580
49
531
762
339
146

76
69
455
20
153
62
29
190
1,311
672
257
382
16
149
604
86
518
787
423
154

19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

(2)

777

10
(2)

1

12
12

89
342
93
26
12
14
39
19
8
12
14

61
365
97
24
12
12
39
19
9
11
16

58
358
97
26
13
13
39
16
10
13
17

7
232
1, 009
593
146
51
95
228
100
52
77
107

7
6
52
2
20
6
3
20
76
14
26
36
1
27
91
24
67
248
36
12

8
6
59
2
22
8
3
23
88
16
29
42
1
34
111
31
80
275
40
14

9
7
62
2
23
8
4
25
94
17
32
46
1
39
88
16
72
291
46
16

9
8
68
2
25
10
4
27
103
18
32
53
1
41
100
28
71
296
55
16

57
50
346
17
115
36
21
156
992
467
297
228
12
96
510
74
435
616
249
93

41
273
77
22
10
12
35
16
7
12
12

53
309

6
5
47
2
18
6
3
18
68
12
22
34
1
22
79
17
63
196
32
10

85
23
10
13

38
18
8

2

2

2

SURVEY OF CURRENT BUSINESS

IS

August 1959
Tables 18-21.—Personal Income

[Millions of dollars]

1
3
4
5

6

j11

12
13
14
15
16
17
18
19

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

Table 19.— Great Lakes

Table 18.— District of Columbia

Line

Table 20.— Michigan

Ito*

Personal Income
Wage and salary disbursements
Farms
Mining
Bituminous and other soft con! mining
Crude petroleum and natural gas
Mining and quarrying, P xcept fuel
Contract construction
M anuf acturing
Wholesale and retail trade . . .
Finance, insurance, and real estate.- .
Banking and other finance
Insurance and real estate
Transportation
Railroads
. Highway freight and warehousing
Other transportation
Communications and public utilities . .
Telephone, telegraph, and other communications.
Electric, gas, and otlvr public utilities
Services
Hotels and other lodging places _
Personal services and private households
Business and repair services
Amusement and recreation
_
.. _.
Professional, social, and related services
Government
Federal, civilian
Federal, military
._
State and local
Other industries
Other labor income „
Proprietors' income
Farm __ _ _ . _ _.
Nonfarm
...
Property income . _ _
Transfer payments
. ._ . .
Less: Personal contributions for social insurance

1957

1958

1954

1955

1956

1957

1958

1954

1, 858

1, 917

2,044

2,080

2,173

64, 894

70, 208

75, 341

78, 283

1,278 1 1,348

1, 389

1, 390

1, 459

45, 723
319
374
142
83
149

50, 028
309
401
147
91
162

53, 447
308
439
163
92
184

55, 109
317
447
165
90
192

JO, 380
56
81
(-)
10
71

33
50
23

44
49
205
50
17
34
58
29

43
42
191
48
16
32
61
33

20
38
24

99

37
24

21
37
24

41
40
174
46
10
30
69
44
6
19
33

2, 612
21,035
7, 619
1. 564
613
951
2, 482
1 , 280
794
408
1.215
639

2, 880
23, 608
8,159
1, 684
G64
1, 020
2, 690
1, 325
928
436
1, 324
680

3,211
24. 738
8, 829
1, 836
726
1, 110
2.874
1,419
994
460
1, 426
735

3, 192
25, 155
9. 219
1, 951
784
1, 167
2,979
1, 445
1, 040
494
1, 505
773

3, 000
22. 828
9! 088
2. 040
829
1. 212
2, 805
1, 295
1.016
494
1, 534
768

550
5, 423
1, 550
263
113
150
361
134
167
60
276
133

12
260
12
63
19

644
3, 756
209
931
604

691
4,118
217
977
704
267
1, 953
5, 596
1,337
613
3, 646
73
2,290
8,830
2, 166
6, 664
8,317
3, 663
1,207

732
4, 363

767
4, 502
220
1, 005
750
274
2, 253
6, 494
1, 466
591
4,437

144

166
367
228
73

606
3,487
188
876
536
242
1, 645
4, 932
1,212
601
3,118
55
1,636
8,051
2,474
5, 577
7,242
3,185
942

42
44
196
47
15
39
49
20
6
22
37
24

45
47
203
50

13
175
16
17
6
79
682
550
73
59
6
18
148

14
184
14
60
19
6
86
723
585
75
63
6
21
152

13
214
14
61
6
111
734
588
80
66
6
22
164

13
233
13
60
20
(}
134
731
589
72
70
4
28
165

148
309
154
48

152
314
172
57

164
341
191
62

165
360
205
68

161
789
632
78
78
4
27
166

1955

1956

1954

1, 759
5, 157
1,270
588
3,300
62
2,007
8,197
1,987
6,210
7,653
3,380
1,058

1,004
756
272
2, 106
5, 909
1, 358
574
3, 976
74
2,515
8,871
2, 154
6, 716
8,917
4,251
1,379

1955

195G

1957

1958

77,734 | 14,127

15, 785

16,587

16,893

16,507

53, 092
320
407
145
90
172

11,565 11,917 12, 046 11,242
55
63
54
60
94 i
80
85
90
2
2
1
()
() !
9
10
9 1
10 !
89
85
70
75

2,512
8,880
2, 383
6,497
9,198
5, 430
1,378

32
187
110
51
357
1, 076
175
99
802
8
368
1, 439
276
1,163
1,445
688
192

;

!

607
6, 222
1, 680
285
123
162
407
14.1
203
63
302
146

656
6, 079
1, 792
315
136
179

596
6. 126
1.83S
331
143
188

425
155
204
66

436
158
208
70

398
139
189
70

328
159

343
165

345 !
162 I

157
802
34
200
129
54
385
1,112
187
97
828
9
533
1,615
265
1,351
1,543
743
215

169

177

888
35
209
151
56
436

917
36
213
153

1, 274
196
101
977

1,291
'188
99
1,005

10
626

10

10

652

665

1,689
267
1,422

1,672
335
1,337
1,917
1,280

1, 735
288
1,447
1,718
837
245

459

1,852
930
276

518
5, 356
1,748
343
151
192

183
909
34
205
146
55
470
1,472
220
103
1,149

268

[Millions of dollars]

1
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

Table 25.— Plains

Item

Line

1955

1956

1957

1958

24, 084

24,683

26, 200

28, 154

29, 671

5,154

5,450

5,768

6,158

6,468

4,489

4,260

4,572

5,116

5,258

14, 007
317
225
10
79
136
..

14,830
297
243
10
85
148

15, 778
286
267
12
88
167

16, 499
304
283
11
90
182

16, 975
328
258
10
88
160

3,193
56
78

3,387
53
85

3,611
56
98

3,888
53
115

3,970
57
92

78

(2)
85

(2)
98

(2)
115

C-)

92

2,144
70
11
2
(2)
9

2,301
68
12
2
(2)
10

2,440
63
14
2
(2)
12

2,542
69
13
2
(2)
12

2,655
70
16
2
(2)
14

898
3,850
2,963
612
266
347
1,203
740
265
198
473
250

1,019
4,046
3,132
653
280
373
1,246
748
296
202
494
258

1, 082
4,328
3, 290
705
300
405
1,334
808
313
212
531
278

1,024
4,569
3,427
751
324
428
1,373
818
332
223
565
298

1,084
4,501
3,525
796
344
451
1,342
769
348
225
588
304

217
873
685
151
66
85
280
179
52
49
97
50

262
915
726
160
69
92
289
181
58
50
102
51

264
1,005
751
167
70
96
306
193
59
54
106
54

272
1,077
822
186
81
104
321
197
65
59
116
60

273
1,060
844
197
87
110
309
178
67
64
124
64

120
635
474
90
40
51
149
98
35
17
80
41

136
700
500
97
42
54
153
98
39
16
82
42

157
750
514
106
46
60
159
102
41
15

150
776
536
114
48
66
165
105
45
15
94
48

161
788
554
121
51
70
164
101
48
15

223
1,235
67
306
127
79
657
2,205
551
433
1,221
26
403
5,775
3,243
2,532
2,922
1,315
337

237
1,338
80
327
144
82
704
2,332
584
427
1,320
29
435
5,277
2,357
2,920
3,081
1,447
386

253
1,437
82
335
168
83
769
2,484
630
431
1, 423
34
502
5,521
2,470
3,051
3,294
1,551
447

268
1,537
85
345
182
82
843
2,630
637
419
1,575
35
578
6,239
3,148
3,091
3,535
1,809
506

284
1, 621
86
358
194
83
900
2,897
708
449
1,739
35
609
6,949
3,839
3,111
3,625
2,045
532

48
295
17
60
31
18
170
452
93
41
318
8
90
1,062
526
535
596
292
78

50
322
20
66
37
18
181
465
97
39
329
9
100
1,061
460
601
665
325
88

52
344
20
65
42
18
199
503
107
42
354
10
114
1,134
515
619
664
347
101

56
376
22
69
47
18
220
541
110
39
392
10
132
1,124
479
645
725
406
116

60
394
22
72
50
19
230
612
124
39
448
10
143
1,240
597
644
748
487
120

39
184
9
49
16
12
98
326
72
28
226
6
61
1,547
1,084
463
564
226
52

40
197
11
52
18
12
105
350
77
26
247
7
66
1,159
611
548
555
241
61

Contract construction...
Manufacturing
Wholesale and retail trade Finance, insurance, and real estate
Banking and other
finance
- .
Insurance and real estate
Transportation
..
..
Railroads
.. . .
Highway freight and warehousing
Other transportation.. _
Communications and public utilities
Telephone, telegraph, and other communications.
Electric, gas, and other public utilities
Services
Hotels and other lodging places
_ . __
Personal services and private households
Business and repair services
Amusement and recreation
-_
Professional, social, and related services . . . .
Goverment
Federal, civilian
Federal, military _ . . . _ - - .
State and local
Other industries
- . . . ._ . . . .
Other labor income
Proprietors' income
.
-Farm
_
__
._.
Nonfarm
Property income
-...
Transfer payments
Less: Personal contributions for social insurance




Table 27.—Iowa

1954
Personal income
Wage and salary disbursements
Farms
_
_.
Mining __
.._
Bituminous and other soft coal mining.
Crude petroleum and natural gas
Mining and, quarrying, except fuel

Table 26.— Minnesota

1954

(!>

1955

1956

1957

1958

1954

1955

1956

88
45

1957

1958

100
50

43

46

50

214
11
53
21
12
118

232
11
55
23
12
131

247
11
56
26
12
142

368
80
27
261

385
82
25
278

425
88
26
311

8
78

8
89

95

1,258
686
572
605
264

1,605
1,007
598
650
311

1,584
982
602
668
341

73

81

85

8

19

SURVEY OF CURRENT BUSINESS

August 1959
by Major Sources, 1954—581

[Millions of dollars]
Table 22.— Indiana

Table 21.— Ohio

Tablej 23.— Illinois

Table 24.— Wisconsin
Line

1954

1955

1956

1957

1958

17,241

18, 589

19, 901

20,819

20, 409

12, 202
61
87
49
14
24

13,351
14,377
(>I
61
96
110
54
62
15
16
26 !
32

14, 928
59
114
64
18
32

14, 138
58
103
52
20
31

1955

1956

1957

1958

1954

7,623

8,251

8,859

9,231

9,118

19,751

20, 968 22, 857 23, 856 24, 076

5,254
50
46
26
8
13

5,828
47
50
26
9
15

6,251
47
54
28
9
17

6,432
49
52
27
8
17

6,174
45
49
24
7
18

13, 828
84
143
67
51
24

14,898
82
151
66
58
27

16, 170
79
160
73
57
30

16, 799
83
161
74
55
33

16,626
91
156
68
54
35

1954

1955

1956

1957

1958

1955

1956

6,152

6,615

4,059
69
17
. .

4,386
65
19

1954

1957

1958

7,137

7,484

7,624

1

4, 732
66
20

4,904
67
20

4,911
62
18

17

19

20

20

18

2
3
4
5
6
7

796
5,782
1,954
366
145
221
686
344
205
138
299
150

806 ;
6, 502
2,096 i
3%
1 59
237
764
370
238
156
317
161

848
6, 980
2,268
430
174
256
828
402
259
166
346
177

897
7, 104
2,400
462
191
271
852
408
270
174
368
187

786
6, 350
2,348
485
202
282
781
350
262
168
379
188

249
2,539
860
158
68
91
314
187
93
34
138
68

322
2,906
916
171
73
98
339
196
109
34
145
72

390
3,012
1, 019
195
82
112
360
207
118
35
155
77

364
3,113
1,027
207
89
118
369
208
124
37
165
82

354
2,848
1,009
218
94
123
339
181
123
36
173
83

800
5,435
2,571
642
234
408
925
518
265
143
416
234

882
5, 948
2,740
688
253
436
974
520
303
150
439
246

1,030
6, 452
2, 979
740
272
467
1,045
552
334
159
467
258

1, 053
6, 568
3, 141
783
295
488
1,093
566
351
176
490
272

1,058
6, 120
3, 165
819
312
508
1,059
526
352
182
494
268

217
1, 856
683
134
53
81
196
98
65
33
115
54

263
2, 030
727
143
56
87
206
98
75
33
120
56

288
2,215
770
156
61
95
216
103
80
34
130
62

283
2,243
813
168
65
102
229
106
86
37
138
66

284
2, 153
819
175
69
106
228
99
90
39
144
67

8
9
10
11
12
13
14
15
16
17
18
19

149
860
44
233
126
64
393
1,293
402
142
749
18
465
1,990
511
1,479
1,983
866
265

157
925
48
251
140
67
419
1. 369
421
137
811
20
555
1,953
382
1, 571
2,122
906
298

168
1,007
49
264
161
72
461
1, 475
454
145
876
24
625
2,046
364
1,682
2,229
964
340

182
1,077
51
277
175
76
499
1,571
467
138
966
24
694
2,058
336
1,722
2,382
1,148
392

191
1,122
50
279
172
77
544
1,702
495
148
1,060
24
672
2,051
407
1,644
2,458
1,480
390

70
326
16
100
32
21
158
565
151
61
353
7
212
1,154
518
636
726
386
109

73
352
18
104
37
22
170
573
150
50
373
8
254
1,117
381
736
781
396
125

78
385
19
111
45
24
185
624
155
57
413
9
285
1,156
373
782
868
438
139

83
395
20
110
45
23
197
682
155
55
471
9
320
1,188
403
785
935
514
158

91
406
20
110
45
23
208
724
162
55
508
10
315
1,191
428
763
970
626
159

182
1, 258
78
285
234
86
575
1,537
408
258
871
17
454
2,464
769
1,695
2,381
913
289

193
1, 356
89
302
262
90
614
1,617
424
266
927
19
507
2,498
615
1,883
2,407
980
322

208
1, 494
94
317
304
94
686
1,703
438
268
997
22
573
2,798
752
2,045
2,644
1,042
370

219
1,603
97
325
336
96
749
1,801
457
238
1, 105
23
648
2,798
728
2,071
2,824
1,214
426

226
1,673
96
330
338
98
811
1,967
489
240
1,238
23
650
2,825
785
2,040
2,898
1,508
431

62
306
18
71
34
20
162
461
76
41
344
6
137
1,004
401
603
707
332
87

64
321
20
74
37
20
170
485
87
38
360
6
158
1,014
346
669
800
355
99

68
344
20
76
43
21
185
520
94
43
383
7
181
1,096
390
707
858
382
113

72
371
21
80
47
20
202
565
92
44
430
8
202
1,137
420
717
925
445
128

77
391
21
81
49
21
220
628
100
46
482
8
210
1,142
429
713
955
537
130

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

[Millions of dollars]
Table 28.— Missouri

Table 29.— North Dakota

Table 31.— Nebraska

Table 30.— South Dakota

Line

1
1957

1958

1957

1958

1954

1955

1956

1957

1958

926

1,098

1,147

2,259

2,203

2,294

2,635

2,759

1

464
20
11

482
26
12

513
24
12

1,197
41
7

1,270
37
10

1,326
36
10

1,360
41
10

1,416
43
10

(2)
10

(2)
11

(2)
12

(2)
12

4
3

6
4

6
4

6
4

6
4

2
3
4
5
6
7

35
41
102
16
9
7
22
13
6
2
15
7

36
44
108
17
9
8
22
13
6
2
15
8

41
47
112
18
10
8
24
14
7
2
16
9

39
48
113
19
10
9
24
14
8
2
18
10

41
52
118
20
11
9
27
13
11
2
20
10

82
219
269
69
26
43
129
86
28
15
38
28

87
231
281
72
27
45
132
87
30
14
40
29

88
247
288
76
28
48
136
89
32
15
43
31

82
250
294
81
30
51
138
91
32
14
45
33

89
254
305
86
33
54
137
89
34
14
48
34

8
9
10
11
12
13
14
15
16
17
18
19

7
42
2
9
2
2
26
119
34
30
55
1
10
335
233
102
105
45
12

7
44
3
10
2
3
28
121
38
26
57
1
10
265
142
123
104
56
15

8
46
3
10
2
3
29
128
38
26
64
1
13
290
160
130
118
59
19

8
50
3
10
2
3
32
132
37
25
70
1
14
427
299
128
127
68
20

10
52
3
10
3
3
33
147
40
29
78
1
16
437
309
128
130
73
22

10
109
7
27
11
7
58
232
69
39
124
2
29
674
432
242
285
105
31

11
119
8
29
12
8
63
259
72
48
138
2
31
509
222
287
311
118
36

11
125
8
29
13
8
66
274
79
53
142
3
36
522
228
293
321
131
43

12
134
8
29
15
8
74
283
73
53
157
3
41
787
496
291
343
152
47

14
140
8
30
15
8
78
301
76
60
165
3
44
832
538
294
350
164
48

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

1954

1955

7,055

7,579

8,082

8,364

8,702

783

872

917

940

1,103

910

861

4,583
54
33
4
1
28

4,890
53
34
4
1
29

5,254
49
37
5
1
31

5,415
51
38
6
1
31

5,524
56
35
5
1
29

408
32
10
2
8
(2)

409
29
9
2
6
1

437
30
9
2
7
(2)

464
30
10
2
8

498
35
12
2
9
1

428
26
10

441
21
10

(2)
10

265
1,495
978
210
85
125
381
194
108
78
157
85

316
1,577
1,037
227
93
134
399
196
123
80
167
88

331
1,682
1,117
249
100
149
442
222
130
90
181
96

297
1,771
1,136
256
105
151
454
218
138
99
191
100

312
1,732
1,157
269
110
159
454
205
142
107
197
102

44
21
107
14
7
6
44
36
6
3
15
8

35
22
112
14
8
7
45
36
6
3
16
8

41
21
118
16
8
8
48
38
7
3
17
9

46
24
123
17
9
8
50
39
8
3
18
10

50
25
130
19
10
9
46
36
8
3
16
7

72
415
24
107
55
29
201
590
173
143
274
6
138
1,143
438
705
865
429
103

79
452
27
114
63
30
217
621
181
137
303
7
151
1,288
483
805
901
464
116

86
489
28
120
72
31
239
667
200
129
337
8
174
1,309
452
857
987
491
132

91
513
29
122
75
30
257
700
204
122
375
8
198
1,286
439
848
1,053
561
151

96
537
30
127
78
29
273
765
237
133
395
8
206
1,421
572
849
1,080
636
164

7
41
3
8
2
2
27
79
23
7
49

8
42
3
9
2
2
27
85
24
7
55

8
44
3
9
2
2
28
92
25
7
60

9
47
3
9
2
2
31
99
26
8
65

9
53
3
10
3
2
36
112
26
8
78

(2)
10
248
156
91
84
43
10

(2)
11
333
230
104
84
48
12

(2)
13
335
228
106
97
50
16

(2)
16
306
196
110
105
66
18

(2)
16
428
314
114
109
71
19




1958

1955

1955

1956

1957

1954

1954

1956

(2)

1956

SURVEY OF CURRENT BUSINESS

20

August 1959
Tables 32-45.—Personal Income

[Millions of dollars]
Table 33.— Southeast

Table 32.—-Kansas
Line

1
2
3
4
5
fi
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
23
25
26
27
28
29
30
31
32
33
34
35
36
37
38

Table 34.— Virginia

Item

Personal income
Wage and salary disbursements
Farms
M ining
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
Transportation
Railroads
_
_ _ _
Highway freight and warehousing
Other transportation
_
Communications and public utilities
Telephone, telegraph, and other communications.
Electric gas and other public utilities
Services
_
Hotels and other lodging places
Personal services and private households
Business and repair services
__
Amusement and recreation
Professional, social and related services
Government
-Federal civilian
Federal, military
State and local
--- Other industries
O ther labor income
Proprietors' income
_
_ _
Farm
Nonfarm
- _
Property income
Transfer payments
_
Less: Personal contributions for social insurance. _.

1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

3, 434

3,458

3,641

3,843

4,234

43, 148

47, 154

50, 971

53, 632

55, 826

5,256

5,603

6,094

6,342

6,586

2,054
40
76
2
66
8
135
565
348
62
32
31
199
134
30
35
71
32

2,133
36
82
2
71
9
147
558
369
66
33
33
206
137
33
36
73
32

2,246
32
87
2
74
11
159
575
391
73
37
36
219
149
36
33
79
35

2,348
36
86
2
75
8
139
624
402
78
39
38
221
154
37
31
83
37

2,399
43
81
2
71
8
159
590
418
82
42
41
205
147
38
19
84
38

28,501
602
858
509
206
144
1, 742
7, 610
4,848
1,019
388
631
1, 799
956
373
469
820
422

30, 740
612
965
572
239
154
1,814
8, 461
5,275
1,127
429
698
1,902
967
439
495
859
454

33, 744
627
1, 130
678
281
171
2,084
9,221
5,908
1,293
487
806
2, 112
1, 067
500
544
948
514

35,816
623
1,196
707
314
174
2,247
9, 655
6, 229
1,398
533
865
2,225
1,071
550
604
1, 026
557

36,514
623
1,012
550
300
162
2,252
9, 628
6, 390
1,511
574
937
2, 156
996
572
589
1,068
570

3, 856
55
48
38
(2)
10
197
790
577
134
45
89
236
120
42
74
92
53

4,104
53
58
46
(2)
11
223
852
620
150
50
101
265
137
49
79
97
56

4,454
54
72
60
(2)
12
260
929
691
167
55
112
296
152
56
88
108
64

4,690
55
78
65
(2)
12
271
983
716
173
60
113
314
154
61
99
118
71

4,779
61
68
56
(2)
12
270
979
738
184
65
119
297
133
65
99
124
73

40
149
6
45
11
10

41
162
8
48
11
10
84
431
95
144
191
3
66
660
208
452
461
195
57

44
175
8
50
15
11
91
453
101
147
204
4
75
674
201
473
501
210
64

46
186
8
52
17
10
98
489
105
146
238
4
88
703
232
471
531
246
72

46
198
8
53
19
10
107
535
117
153
265
4
90
1,007
528
479
540
272
74

397
2,522
157
1,043
232
150
940
6, 594
1,904
2,400
2, 291
87
833
7,192
3, 095
4, 097
4,479
2,855
710

405
2, 775
177
1,135
269
156
1,037
6, 857
2,042
2,303
2,512
92
956
8,361
3,704
4, 656
4, 826
3,088
818

434
3,097
203
1, 225
337
163
1, 168
7,219
2,174
2, 290
2, 754
106
1,114
8, 341
3, 250
5,091
5,374
3,290
893

469
3, 343
223
1, 260
414
165
1,281
7,763
2, 275
2, 340
3,149
112
1,272
7,996
2,682
5, 314
5, 778
3,807
1,036

498
3, 517
228
1,312
453
167
1,356
8,243
2, 466
2, 316
3,462
114
1,333
8,707
3, 375
5, 332
5, 960
4, 388
1,074

40
288
17
114
22
16
119
1,428
570
604
255
11
82
642
242
399
531
250
103

41
319
19
123
25
17
136
1,456
623
557
276
11
93
679
225
454
579
273
125

44
357
20
131
33
17
155
1, 507
659
548
300
13
111
767
254
513
608
291
137

48
388
22
136
59
18
152
1,580
687
551
342
13
130
694
174
520
653
335
159

52
411
23
143
71
18
155
1,632
733
518
382
14
139
776
254
522
673
388
168

407
87
145
175
3
66
768
374
394
422
175
50

[Millions of dollars]
Table 39.— South Carolina

Table 40.— Georgia

Table 41.— Florida

Line

1

Personal income _

Wage and salary disbursements. _
Farms
4
M ining
5
Bituminous and other soft coal mining
6
Crude petroleum and natural gas
Aiming and quarrying, except fuel
Contract construction.
.
_ _. .
9
Manufacturing
10
Wholesale and retail trade.- .
11 : Finance, insurance, and real estate
12 !
Banking and other finance
is ;
Insurance and real estate.
__
- 14
Transportation
15
Railroads
_ _ __
_ _ . ..16
Highway freight and warehousing
17
Other transportation
.__
__ _
18
Communications arid public utilities..
19
Telephone, telegraph, and other communications.
20
Electric, gas, and other public utilities
21
Services
.
_
._ _
22
Hotels and other lodging places ... _ _ _ .- .
23
Personal services and private households
24
Business and repair services
. ... _
25
Amusement and recreation
__
_
. __
26
Professional, social, and related services
27
Government
._ .
28 i
Federal civilian
29
Federal, military
30
State and local
._
- ...
.._
31
Other industries
32 Other labor income
_.
33 Proprietors' income
34
Farm
35
Nonfarm
...
._
36 Property income
37 Transfer payments
_
38 Less: Personal contributions for social insurance.^
2
3

8:




1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

1954

2, 414

2, 60 1

2,711

2,813

2,929

4,414

4,918

5,274

5, 441

5,678

1,694
35
4

1,764
36
4

1,872
37
5

1,S48
41
4

1,995
41
4

3,050
60
14

3, 332
62
16

3, 642
68
19

3, 755
61
20

3, 834
56
19

4
135
614
231
51
18
33
53
29
16
8
37
20

4
94
683
251
56
19
37
56
29
17
9
38
22

5
95
721
268
65
22
43
60
31
20
10
40
23

4
95
732
275
71
24
47
64
30
22
12
43
25

4
104
724
279
77
26
51
70
34
23
12
47
25

14
145
880
556
125
46
78
185
105
39
41
90
52

16
166
999
607
139
51
88
198
106
50
42
94
56

19
187
1,087
686
161
59
102
216
114
58
44
103
62

20
178
1,104
709
169
64
105
225
112
65
48
110
67

16
122
4
64
6
4
42
411
86
197
128
2
39
359
152
207
216
143
38

16
131
5
71
8
5
43
412
93
182
136
3
44
453
227
226
233
152
42

17
144
5
73
9
5
52
432
101
186
146
3
50
421
180
241
248
161
42

18
154
6
73
11
5
60
465
105
196
164
4
58
406
158
248
266
183
48

21
161
6
76
11
5
64
484
112
191
181
4
60
446
196
250
275
203
51

38
265
11
123
28
14
88
715
202
298
214
16
71
656
218
437
432
279
72

38
293
14
134
31
15
99
742
222
289
230
17
82
840
335
505
446
302
84

41
326
15
148
38
16
110
770
238
268
263
19
97
812
266
546
493
320
91

44
335
16
144
41
15
118
824
239
283
302
20
112
783
232
551
528
365
102

1955

1956

1957

1958

5,312

6,088

6,979

7,733

8,334

3,231
96
30

3,662
98
28

4,211
88
34

4,702
103
36

5,088
98
36

19
191
1,086
726
181
68
112
231
112
69
50
114
67

2
28
286
407
725
161
56
106
225
88
30
106
97
56

2
26
353
450
820
189
66
124
244
90
36
118
108
65

2
32
433
523
960
229
78
151
277
99
44
134
122
75

34
488
606
1, 062
260
90
171
299
99
50
151
139
87

2
34
525
666
1,157
294
102
192
300
93
54
152
141
91

47
350
16
147
43
15
128
859
269
279
312
21
120
877
317
560
546
410
108

41
425
59
159
50
34
124
819
173
320
326
20
71
853
248
606
825
354
83

43
478
65
181
54
36
143
872
192
318
362
22
80
1,053
314
740
968
421
97

47
570
80
204
72
39
173
952
218
347
388
25
98
1,159
326
833
1,141
481
112

52
652
92
222
92
42
205
1,029
234
360
436
26
119
1,214
297
916
1,251
580
133

50
700
95
240
102
45
217
1,144
253
367
524
27
138
1,288
328
960
1,292
672
143

SURVEY OF CURRENT BUSINESS

August 1950

21

by Major Sources, 1954-58 l
[Millions of dollars]
Table 36.— Kentucky

Table 35.— West Virginia

Table 37.— Tennessee

Table 38.— North Carolina
Line

1956

1957

1958

2,586

2,878

3,091

2,972

1,794
11
361
345
12
3
76
549
243
42
17
25
137
101
20
16
76
25

2,023
11
426
410
13
3
94
600
273
48
19
29
155
114
23
17
82
27

2,176
11
449
431
14
4
135
626
293
51
20
31
161
117
26
18
87
30

1,986
11
336
318
15
3
96
594
286
53
21
32
138
96
25
17
93
32

51
114
8
35
8
9
54
184
41
17
126
1
122
267
62
206
248
199
44

55
127
8
36
13
9
60
206
42
17
147
2
144
287
58
229
273
200
49

58
137
9
37
16
9
66
224
44
17
163
2
154
298
48
250
291
229
57

61
136
9
38
15
9
66
241
50
15
176
2
141
292
58
234
300
307
54

35
180
10
63
13
13
81
466
120
194
152
3
81
696
356
340
359
268
56

1954

1955

2,414
1, 652
12
318
303
12
4
69
503
228
39
16
23
124
93
17
15
75
23
52
108
7
33
8
9
50
174
38
18
118
1
105
259
78
181
231
207
40

1954

1958

1954

1955

1956

1957

1958

4,177

4, 303

4,056

4,347

4,652

4,841

2,717
37
176
151
16
9
151
803
448
85
39
46
205
133
43
29
81
39

2,716
37
154
128
17
9
149
786
451
87
39
48
189
119
42
29
84
40

2,694
37
28
12
(2)
16
202
894
484
108
40
69
177
98
50
28
56
44

2,870
35
30
13
(2)
18
173
993
523
109
43
66
175
89
59
26
60
48

3, 123
36
35
16
(2)
19
177
1,080
582
124
48
75
194
104
63
28
70
56

3,245
37
31
12

42
231
12
71
21
14
113
494
122
150
222
4
121
674
287
387
414
337
85

45
239
11
72
22
14
119
535
130
168
237
4
125
725
342
383
428
394
86

12
236
11
95
25
13
93
467
185
84
198
3
80
666
264
402
402
282
68

12
266
12
102
37
14
102
502
191
84
227
3
91
759
317
443
406
297
76

13
292
12
110
44
14
112
529
185
92
252
4
106
739
267
472
457
308
82

1955

1956

1957

3,627

3,782

4,022

2,280
36
141
121
12
8
174
609
367
65
29
36
174
119
29
26
66
31

2,446
35
149
127
14
9
151
713
394
70
32
38
174
112
35
26
69
32

2,586
35
173
148
15
9
156
773
423
77
35
42
192
125
39
28
75
36

37
197
10
68
15
14
91
490
118
202
170
3
95
655
300
355
370
281
65

39
212
11
68
18
14
101
466
121
149
196
4
109
720
343
377
387
289
70

1954

1955

1956

1957

4,992

5,023

5,535

5,902

5,954

6,297

I

3,284
37
27
10

3,244
79
13
1

3, 556
78
13

3,834
88
15

3, 953
90
14

4,060
88
12

2
3

18
161
1,119
624
134
51
83
195
97
70
29
72
58

17
157
1,112
602
143
54
89
194
94
71
29
73
58

12
148
1,190
525
102
42
61
160
69
66
25
77
39

13
176
1,342
575
114
46
68
174
70
77
26
78
41

15
192
1,449
640
131
52
78
192
77
86
30
84
46

14
183
1,484
651
138
56
82
197
75
93
29
91
51

12
186
1,493
662
148
60
88
202
74
101
28
95
52

4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

14
304
12
110
48
13
121
564
193
88
283
4
121
730
246
485
490
348
93

15
319
12
115
49
13
130
616
209
97
310
4
125
775
310
465
507
394
92

38
277
10
124
19
13
111
665
105
282
277
7
76
1,047
596
451
458
274
75

37
299
12
135
20
14
116
703
120
284
299
7
88
1,184
653
531
501
291
85

38
323
14
145
24
14
126
712
123
269
320
8
101
1,191
615
576
552
311
88

40
338
14
147
26
14
136
758
125
275
358
9
116
1,034
454
581
586
364
100

43
351
14
151
27
14
144
813
138
274
401
9
128
1,195
614
581
601
418
104

20
21
22
23
24
25
26
27
28
2S
3C
31
32
33
34
3;
3f
3'
35

1958

[Millions of dollars]
Table 43.— Mississippi

Table 42.— Alabama

Table 45.— Arkansas

Table 44.— Louisiana

Line
1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

1954

1955

1956

1957

1958 i

3,258

3, 708

3,932

4,201

4,364

1,836

2,065

2,097

2,121

2,302

3, 756

3,985

4,424

4,854

4,901

1,782

1,933

2,006

2,064

2,168

1

2,212
38
55
33
1
21
97
706
341
81
29
53
142
78
25
40
64
30

2,430
40
63
39
1
23
116
789
370
91
31
60
140
73
29
38
66
31

2,684
39
66
42
1
23
156
864
420
106
36
70
140
68
33
38
74
36

2,878
32
72
46
1
25
172
940
435
111
38
74
153
76
36
41
78
39

2,909
29
60
37
2
21
156
906
447
121
40
81
147
72
38
38
84
40

1,051
53
13

1,119
55
15

1,214
56
17

1,256
48
22

1,352
47
23

2,483
43
171

2,604
41
201

2,959
44
240

3,289
46
264

3,261
47
247

II
2
49
247
188
33
16
17
53
32
14
6
36
18

13
2
56
277
200
36
17
19
55
32
16
7
37
18

15
2
58
309
218
42
20
22
61
34
19
8
42
20

19
2
62
326
215
44
20
24
63
34
19
10
46
22

20
3
80
363
222
49
22
26
59
31
19
9
48
22

155
16
190
542
446
88
38
50
198
73
31
94
88
39

184
17
180
564
481
97
42
55
210
74
35
101
92
41

221
20
224
610
538
108
47
61
237
84
40
112
106
48

245
18
286
652
589
122
53
68
255
81
44
130
115
52

228
18
274
627
600
130
57
74
238
77
43
118
118
52

996
60
24
2
13
10
49
227
181
30
14
17
73
52
14
7
42
18

1,058
68
26
2
12
12
51
250
192
33
15
18
75
53
15
7
42
18

1,150
69
28
2
13
12
50
276
207
36
16
20
92
65
19
7
44
20

1,206
61
30
2
15
13
65
280
212
39
18
22
92
63
21
8
45
20

1,250
71
26
2
14
10
64
292
219
43
19
24
91
61
22
8
46
20

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

35
192
6
91
20
8
67
492
204
114
174
3
73
506
199
307
296
233
61

35
209
8
98
25
8
70
541
216
114
210
3
84
702
334
368
304
258
70

38
231
8
107
30
9
77
585
242
116
227
4
96
620
215
405
329
280
78

40
241
9
105
35
8
84
640
268
114
258
4
110
625
202
423
355
324
91

44
264
9
109
46
8
92
691
302
120
269
4
114
697
279
418
369
369
93

18
103
5
50
6
4
38
271
60
94
116
5
29
479
274
206
162
145
30

19
112
6
55
7
4
39
271
66
88
117
6
32
625
381
244
169
155
35

21
120
7
59
9
4
42
285
72
83
129
6
39
530
273
257
190
162
38

24
126
7
59
10
4
47
297
81
71
145
7
45
473
209
265
204
186
44

26
132
8
59
11
4
49
322
80
77
165
7
50
528
254
274
210
210
47

50
240
11
91
26
16
95
466
97
125
244
10
95
580
200
380
386
270
58

51
266
13
98
30
16
109
460
96
100
264
11
108
621
216
404
418
297
64

58
296
15
106
37
16
122
533
106
138
288
12
122
626
177
449
482
318
72

63
332
17
116
46
17
136
617
109
149
358
13
141
636
150
486
515
359
85

66
341
18
119
44
17
143
626
118
138
369
13
146
653
170
483
527
402
87

24
85
6
34
8
5
32
220
62
70
88
5
31
450
267
182
182
151
27

24
91
7
36
8
5
35
225
64
68
93
5
36
524
342
182
183
162
30

24
98
7
38
9
5
39
243
66
78
99
6
41
468
275
193
211
169
33

25
103
7
39
10
5
42
271
67
86
118
6
46
428
226
202
225
196
37

26
113
8
42
11
6
47
279
71
71
137
6
49
454
253
202
232
222
40

20
21
22
23
24
25
26
27
28
29
30




31
32
33
34
35
36
37
38

SURVEY OF CURRENT BUSINESS

22

August 1959
Tables 46—62.—Personal Income

[Millions of dollars]
Table 46.— Southwest

Item

Line

Table 47.— Oklahoma

Table 48.— Texas

1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

1954

1955

1956

1957

1958

1

Personal income

19, 136

20,513

22, 105

23, 587

24, 733

3,162

3, 341

3,572

3,734

3,975

13, 391

14,380

15, 422

16, 436

2
3
4
5
6
7

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

12, 332
358
957
5
817
134

13,307
396
1,038
5
879
154

14, 548
374
1,145
6
963
177

15,416
389
1,174
6
990
178

15, 835
437
1, 115
5
945
165

1,962
35
229
5
216
9

2,104
38
244
5
229
10

2,260
35
266
5
250
10

2,326
30
268
5
254
8

2,388
40
260
5
248
8

8, 703
240
595

9,340
262
642

10,772
259
714

565
29

609
33

10,181
239
700
2
( )

Contract construction
Manufacturing
Wholesale and retail trade
Finance insurance and real estate
Banking and other finance
-Insurance and real estate
Transportation
Railroads
._
Highway freight and warehousing
Other transportation
Communications and public utilities
_ ..
Telephone, telegraph, and other communications.
Electric, gas, and other public utilities
Services
Hotels and other lodging places
Personal services and private households
Business and repair services.
\musement and recreation
Professional, social, and related services
Government
Federal civilian
Federal, military
State and local
Other industries
Other labor income
Proprietors' income
Farm
Nonfarm
Property income
Transfer payments
Less: Personal contributions for social insurance.-

787
2,220
2,328
474
198
276
862
376
199
287
434
205
229
1 095
65
375
134
65
456
2,790
736
1, 058
996
26
406

861
2,452
2,523
522
221
301
908
388
225
295
463
219
244

943
2, 737
2 791
583
250
333

1,027
2,948
2, 925
624
267
357

1, 053
2,890
3,013
662
276
386

111
325
367
69
33
36

126
364
387
74
36
39

132
391
416
83
40
43

140
373
435
93
45
49

537
1,711
1.677
355
142
212

578
1,866
1,820
389
159
230

970
396
250
324

1, 005
391
265
349

983
370
271
342

126
41
37
48

648
278
143
227

fi83
287
162
234

694

170
8
51
25
10
76

177
10
54
21
11
81

91
44
47
202
11
58
28
11
95

291
139
151

1, 380
83
444
181
74
598

568
258
310
1,549
88
476
214

92
44
49

1, 206
76
412
143
70
506

545
255
290
1,479
87
456
197
73
666

135
43
39
53
86
43
44
192
11
56
26
12
88

138
40
42
56

510
239
270

120
40
33
46
74
39
35

132
390
429
88
43
46
141
43
41
57

2,909
794
1.036
1,080
29
457

3,080
887
1,001
1, 192

3, 529
999
1,007
1, 524

456
166
120
170

516
184
123
209

546
187
127
232

3, 346
1,202
2,144

3,512.
1,045
2, 467
2, -128
1,137
327

3,266
918
988
1, 360
35
609
3, 832
1,078
2,753
2, 769

211
10
58
32
11
100
597
210
139
248

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

2,302
1,030
282

34
524
3,571
896
2, 675

2,608
1,225

80
40
40

17, 007
10, 899
286
679

(2)

'!

V)78
36

643
37

634
2, 108
2. 023
433
179
254
"?7
289
182
256

688
2,292
2, 100
458
189
269

659
2,240
2,150
476
192
285

336
161
176

776
42
283
87
46
318

309
147
162
864
48
311
100
49
356

1,857
437
768
652

1, 909
472
739
697

17
297

18

1.994
531
705
758
21

360
171
!90
1,019
53
341
139
50
435
2. 105
552
683
870
22

22

331

382

446

449

2,460
717
1, 743
1,756
711

2, 468
578
1.889

2,648
719
1, 929

1,867
775

1,975
878

2,956
1,048
1,908
2,014

220

250

284

35

6

481
173
119
190
6

8

8

622

68

77

85

96

4, 346
1 , 580
2, 766

558
181
376

575
142
433

589
124
464

386

380

424

1,386

2S831
1,557

630
159
470
449

96
776
307
470
459

309

334

457

263
57

279

425

238
50

2,288
788
1. 500
1,619
644

66

74

78

190

372

1

966
52
337
130
52
394

734
271
195
268
374
171
203

286
192
276

1, 048
54
353 !
145
53
443 '
2,229
580
681 •
968

995
305

[Millions of dollars]

Line

1
2
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
23
24
25
26

28
29
30
31
39
33
34
35
36
37
38

Table 54.— Wyoming

Item

1954

1955

1956

1957

537
Personal income
359
Wage and salary disbursements
19
Farms
-_
46
Mining
5
Bituminous and other soft coal mining. _
36
Crude petroleum and natural gas
5
Mining and quarrying, except fuel

570

614

646

373
19
46
4
36
6
27
31
56
10
5
5

405
19
48
4
37

408
20
48
3
37
9
36
34
60
11
6
6
56
43
8

Manufacturing
Wholesale and retail trade
Finance insurance and real estate
Banking and other
finance
Insurance and real estate
Transportation
Railroads
_
Highway freight and warehousing

..

Communications and public utilities
Telephone, telegraph, and other communications.
Electric, gas, and other public utilities.-Services
Hotels and other lodging places
Personal services and private households.
Business and repair services..
\musenient and recreation
Professional, social, and related services.
Government
- .
_
Federal, civilian
Federal, military
State and local ...
Other industries
Other labor income
Proprietors* income
Farm _ . _ _
. _
.__N on far in
• Property income
Transfer payments
..
Less: Personal contributions for social in! surance.




24
31
54
9
4
5
52
41
6
5
10
6

53
41

12
6

5
28
5
6

99
7
6

3
2
12

3
2
12

86
21
31
34

91
22
30
39

32
33
58
10
5
55
42

13

13
7

Table 55.— Colorado

1958

1954

1955

1956

1957

Table 56.— Utah

1954

1958

1955

1956

Table 57.— Far West

1958

1957

1954

1955 j l'.fV> 1 1957

1958

668 2,543 2,783 3,064 3, 357 3, 503 1,143 1,242 1,354 1,462 1,516 35,815 39,156 42,778 i 45, 182 46, 916
411 1,623 1,788 1,982 2,134 2,210
860
785
940 1,007 1,050 23, 867 26,089 128,752 ! JO, 392 31,457 i
42
39
42
13
15
14
13
14
36
558
39
20
596
79
68
85
49
69
78
58
81
90
230
76
248 ! 2~A\
256
237
2
12
9
12
19
3
15
16
13
10
17
3 :
3 i
2
10
1
21
35
143
5
151 '
1 ,4 !
IhO
34
11
11
27
30
37
7
144
84
49
51
59
39
32
58
30
37
27
9
40
91 j
94
101 '
T>
75
138
161
42
64
78
81 1.604
110
179
48
188
2,078
32
259
319
184 6, 353 1, 137 , i 050 ' -s 644 8, 636
159
124
141
178
357
370
65
334
413
198 4,400 4,848 ri «h 1 -> b"8 5,835 i
191
436
151
164
367
454
180
41
12
63
72
82
89
32
933 1 064 1 1 M ' 1 >r>0 1,344
35
28
37
98
18
6
28
32
38
41
20
368
14
420 ,
4.f>- i
-.10
16
17
46
548
35
21
19
39
45
564
6
48
15
18
644 ,
72" i
— >1
52
16
796
132
54
143
153
76 1, 456 1 V>1 1 '» 7 1 740 1, 705
76
120
145
68
70
80
56
62
542
42
45
49
46
58
43
47
60
">65
52
56
359
8
21
21
38
46
15
53
17
20
111 ,
i 2
170
479
Q
9
555
8
10
10
661
is 3 ' fiio ; '»"*
79
7x1
*hl
• 29
68
63
721
34
35
14
78
28
20
30
81
947
43
39
18
18
46
16
456
14
16
40
46
".')'*
"71
M(>
618

6

0

25

27

29

32

35

11

12

13

16

17

32
6

32
6

153
H
39

170
15
42

192
16
46

211
16
48

224
16
50

65
6
14

71
6
14

'c

12

59
5
13

15

4
2
14

4
2
13

3
1
14

14
14
74

17
16
80

22
16

26
15
105

8

14
116

6
5
28

28

33

10
5
37

11
6
40

374
444
890

105
25
37
42

96
26

91
26
14
51

424
1-12
141
141
1

446
151
139
157
1

483
158
148
178
1

503 1
164
139
200
1

533
179
128
226

218
117
23
78
1

225
122
19
84
1

234
125
17
91
1

264
140
18
100
1

5, 089
1, 401
1, 417
2,270

1

213
116
22
76
1

102

112

1_* !

1)2

41

673

76r

Si*

988 i
6,123
. c, i&
1, 77i

6
32
7
6

|

265
272
2, 421 2 70?
172 i
181
540
"96

0,0

t

. M>
3 10
J '^,
i 217
1,-t ,
Jl"
'.^ '
'71

3, 130
220
719

i IT

607
567
1,317

329

1 J4
I

45

13

15

16

18

18

41

46

53

61

68

23

28

32

38

86
27
59
63

94
35
60
71

96
34
62

117
53
64

417
72
345
386

461
81
380
416

551
150
401
450

578
179
399
464

134
56
129

120

125

26

28

34

39

176

195

209

252

70

75

189
49 i
140
146
79

206
62
144 i

84

383
95
288
361

170
56
114

80
30

131
66
65
85

10

12

13

15

16

41

49

56

68

24

29

32

38 i

65

i

160
89

5
1
1
2

321 ' ' 72 > '
375
478 i i "s ' 1 o,)4
-'()> 1 121 i 402
440 ! 2, 7it> ' J %q

1%

5,163 I 5,667 , 0, ISj
1 378
1 4 ,t
1,360
145 i 3,803 4 28Q 4 7_'S
J
168 i 4,650 5,07 ) ' o, ^3
101 1 2,100 2,288 i 2,491

51

40

637

729

834

f 515
1 136
3 353
134

1,033
6,119
1,360
4, 759

5,772 1 5,931
2,881 3,442
976 1,065

SURVEY OF CURRENT BUSINESS

August 1859

23

by Major Sources, 1954-58 *
[Millions of dollars]
Table 50.— Arizona

Table 49.— New Mexico

i
i

Table 52.— Montana

Table 51.— Rocky Mountain

Table 53.— Idaho
Line

1954

1955

1956

1957

1958

1954

1,088

1, 159

1,257

1,398

1, 548

1, 495 1,633

728
28
61

C2\
\)

30
24

55
73
111
20
8
12
43
28
9
6
31
11
20
62
6
16
13
3

242
71
95

2
18
190
70
120
107
63
17

799
33
72
(2\
\)

41
30

60
85
123
22
10
13
46
29
10
6
31
12
19
68
7
17
12
4
28
257
79
90
88
2
21
177
53
124
117
65
20

1,081
36
90

36

984
32
95
(2\
\)
57
37

67
65
132
25
11
14
50
31
12
6
38
14
25
111
7
18
14
4
68
282
91
87
104
2
24
182
48
134
116
68
22

81
68
147
29
12
16
52
31
14
6
40
16
25
130
8
20
15
4
83
308
99
90
119
2
30
208
60
148
126
77
27

98
74
159
36
14
22
51
29
15
7
44
17
26
147
8
22
18
4
94
344
112
98
133
3
31
248
85
162
131
87
29

890
33
85

(y\
\)

49

ty\
\)

54
36

940
54
72

1955

1,065

1955

1956

1957

1958 I 1954

1,854 2,019 2,203 6,174 6,670 7,285 7,807 8,134

1,071

1,158

1,229 i

1,274

1,321

880

917 j 1,024 1,068 1,126

1.217 1,335 1,468 3,888 4,220 4,640 4,904 5,063

607
32
48
2
11
35

652
30
59
2

725
31
57

722
30
42
1
10
30

513
34
21

546
36
22

600
36
24

630
39
25

670
44
21

(2)
21

(2)
24

(2)
25

(2)

r

21

47
76
123
17

47
91
130
18
9
9
77

48
119
119
18
9
8
49
36
10
3
22
12
10
52
4
10
5
3
31
110
32
18
60
1
18
265
147
118
99
61
19

55
121
122
19
10
9
51
37
11
3
24
12
11
52
4
10
6
3
30
121
34
19
68
1
20
258
138
120
110
72
22

61
125
127
21
11
10
50 i
36 !
11 !
3!
25
12
12 :
59
4
11
6
3
35
136
37 1
21
78
1
24
259
134
125
114 i
82 1
23 i

S

8
8
74

39
106
111
16
88

63

66

80

95

1957

68
97

1958

74
85

(2\
\ )
(2)

(2)

(2)

(2)

72

80

95

97

84
112
172
31
14

97
137
194
36
17
20

110
173

126
197
249
49
22
26
59
32
18
10
53
25
29
128
15
37
15
7
53
306
80
88
138
3
38
316
140
206
220
121
40

17
50
30
13
7
39
16
22
87
9
25
9
6
38
236

220
43
20
23

54

59

32

33

14
8

17
8

43
20
23

49
22
27

97
12
29
10
6
41

112
13
32
12
6
48

262
70

288

62

75
98
2
23
311
164
148
160
85
24

88
104
2
28
300
133
167
175
95
30

82
85
121
3
33
333
145
188
201
104
34

(2)

85

1954

138
230
28
73
129

1955

140
263
31
81
151

1956

134
300
24

89

177

1957

147
305
35
96
174

1958

148
266
29
93
144

371
428
267
315
400
156
731
808
586
655
786
203
986
828 910
961
763
270
166
196
149
178
132
57
79
95
86
26
62
71
87
92
102
78
31
70
406
423
59
361
404
380
250
257
30
234 239
241
100
19
88
107
77
105
56
59
10
52
58
51
162
139
150
177
58
183
92
98
26
85
79
100
71
61
65
79
31
83
329
401
143
360
428
456
39
16
41
30
37
41
88
42
76
82
91
94
44
31
19
36
51
52
9
26
28
28
28
27
202
57
166
218
242
177
359
940
978 1, 056 1, 096 1,185
96
340
386 424
352 374
89
232
245
2?3
227
205
174 368
438
488
399
555
3
2
3
3
3
3
108
46
144
126
165
180
366 1,162 1, 237 1,329 1,457 1, 524
140 476
589
468 489
659
226
686
769
840 868 864
227
741
939
794 867
970
141
384
507 570
421
449
44
107
127
143
165
171

13

44

59

60

9
7 1
22
10

10
8

11
51
6
10
4
3
28
117
32
20
65
2
()
18
291
171
121
113
59
17

714
30
67
2
15
51

14
42

1955

38
95 !
102 (!
15
8
7
46 I
34 1
9
3
18 i
26
28 i
28
15
13 i
14
10 i
13
13 |
13
8i
64
43
59
61
8
3
7
8
12
11
11
10
5
6
4
5
3
3
3
3
24
32 i
34
36
160
100 '
132
143
42
36
37
28 '
99
22
24
19 \
94
53 i
74
83
2
1
(-)
!
(*)
()
30
24
28
13
317
325
359
232
177 !
186
228
128
140
139 | 130 104
127 i
136 !
139 \
85 \

23
12

11
55
7
11
4
3
30
122
34
19
69
2
()
21
318
192
127
120

55
97
143
24
12
12
79
58
12
9

52
96
152
22
11
10
84
63
11
9

55
101
140
20
10
10
83
63
11
9

;

;

66

70 |

84

20

22 |

25

96

52

;

26 '

14

1956

1957

1954

1956

47
35
9
3
n19
9

48
3
10
4
3

27
101
28
16
56
1
16
223
114
109
92
58
17

1958

1
o

3
4
7

1U

11
12
lo
14
l.r

i«
i;
i*
!•=

2*
2
-'2'.
22,
2\

o-

2*
2t

3<
31
3.
3-'
3-"
3->
3'
3
-3,

[Millions of dollars]
Table 59.— Oregon

Table 58.— Washington
1954

1955

1956

1958

1954

1955

1956

1957

4, 956 5,211 5,502 5,815 5,982 2,919 3,139 | 3,398 |3,430 3,556
3,309 3,509 3,714 3,906 4,023 1,855 2,007 | 2,159 2,147 2,214
53
53
53
56
74
55
68
70
68
68
6
6
6
12
13
10
6
7
12
11
1
3
2
2
3
(2)
(2)
(2)~
(2)
(2)
(2)
(2)
(2)
(2)
6
6
8
6
6
9
7
10
8
8
123
102
132
107
126
254
238
257
235
250
656
645
589
693
656
964 1,042 1,127 1, 160
864
745
378
409
442 442 445
696
730
647
594
79
69
64
84
156
76
146
140
136
124
29
32
35
38
64
39
56
60
51
45
42
41
45
93
36
37
84
86
86
79
154 | 166 100
140
257
250
157
243
250
237
82
76
79
82
104
79
103
98
99
98
44
49
58
48
56
60
40
47
50
47
36
31
34
91
30
94
95
93
30
92
80
96 j
64
67
76
97
80
88
91
88
45
42
35
38
44
GO
71
71
61
56

508
358
7
25

582
418
7
29

605
432
8
26

647
463
8
22

(2)
25
45
20
58
7
4
3
29
18
0
4
9
6

(2)
28
50
23
70
9
5
4
31
19
6
5
11

(2)
26
41
29
73
10
6
4
32
20

35
201
12
43

3
76
19
8

28
29
11 I 12
96
105

3
38
7

390
105
28
257
7
78
603
143
460
454
280
74

82
24
30
28
(2)
9
70
13
57
60
20
9

1954

1955

1956

1957

1958

Table 60.— Nevada

32
250
19
56

28
268
20
60

25
294
20
63

26
308
21
64

25
325
21
67

29
160
10
38

29
174
12
41

31
17
127

36
17
136

41
18
152

42
19
162

44
20
173

812
258
246
307
14
90
760
249
511
556
322
80

833
260
239
335
14
97
762
212
550
583
350
92

868
271
236
361
16
107
791
216
575
611
381
102

888
268
233
387
17
121
811
233
578
665
428
117

932
278
224
429
18
126
779
205
575
638
493
127

20
11
80 1
i
290
80
29
181
5
52
542
147
395
338
181
49

23
12 i
87
i
304 1
88
27
190
6
58
583
151
432
354 f
193 !
56 !




34
185
12
43
27
12
91

1957

i 35
1 189
| 12
i 42

j
330
356
91
93
26
27
212 236
6
7
72
65
625
596
155
137
469 i 459
403
439
208
248
62
72

Table 61.— California
1958

1954

1955

1956

1957

686 27, 432 30, 224 33, 273 35,290
481 18, 344 20, 155 22, 446 23,875
8
459
431
444
437
202
212
17
188
216

Table 62.— Territory of Hawaii
1958
36, 692
24, 739
459
203

1954

1955

893
671
72
1

1956

1957

1958

952 1,024 1,098 1, 154
767
826
869
70
69
68
63
1
1
1
1

1

714

3

4

(2)

22
49
29
75
10
6
5
32
19

142
46
1,208
4,881
3, 370
737
290
447
1,04*
351
266
428
,,500
-/
<i.">v'

150
52
1, 370
5. 493
3,722
849
332
517

154
59
1,9544
6 86
4,' 126
967
371
596

1, 566
6,842
4,412
1,025
407
619

144
59
1, 645
6, 794
4, 562
1,092
439
653

1, 123

1. 229

1, 294

1, 200

309
301
453
014
402

390
340
500
682
455

374
357
563
739
494

370
360
531
758
494

212
2, 158
122
485

227
2, 403
130
522

245
2, 597
136
556

264
2. 764
144
597

9
51

523
492
467 | 475
945
1,026

5
5

7

5
12
8

6
13
8

17
44
26
83
11
6
5
32
19
7
6
14
9

4
102
31
10

4
105
32
10

5
123
41
11

5
139
43
12

201
1,936
12 1
43S

4
49
9

6
55
11

10
61
13

320
378
67G

95
28
28
39
(2)
12
79
13
66
67
26
11

102
30
31
40
(2)
13
82
14
69
72
29
13

4
48 1
8
88
24
29
34
(2)
10
78
12
67
64
22
10

107
3. 905
32
1. 039
30
1.113
45
1, 754
83
(2)
14
523
94 3, 791
24
951
70
2, 840
75
33696
36 1,578
13
499

372 !
430
749 !

4,096
1, 106
1. 109
1,882
92
596
4,244
1,004
3, 240
4,077
1,723
570

428
448
875

| 4.433
1, 108
i 1, 130
2, 134
105
670
| 4,688
1,069
3, 619
4,252
1,875
!
659

159

4, 630
1,212
1,112
2, 305
108
782
4, 63 1
964
3. 670
4,596
2,178
774

i 5. 08G
! 1.312
! L152
2, 622
1
110
814
4, 643
989
3, 654
4,. 714
2,632
850

1 | 1
33
33
03
92
101
15
16
8
8
7
8
'2S
31
r
5
23
25
J7
17
9
9
}

1
38
66
107
18
9
9
34
6
28
18

6

1
47
70
116
21
10
10
38
j

132
23
11
12 |

31

33 |

20

1
01

38 j

5 ;

s
10

11
12

13
14
1"

in

21

17
1s

9

10

11

I'.*

9

9

56
8
13

63
9
14

10
69
10
15

11 i
74 i
11 !
15

20
21
21'
23

6
5
23

7
6
27

8
6
30

9
0
31

24

208 322
104 i 110
129 t 145
65
68

352
114
165
73

373
119
173
81
2
31
91
10
81
119
52
21

382
126
169 87
2
34
93
11
82
126
56
21

12

i

2

24
75 i
9

2 1
27

80 !

2
29

89
10

66
<>5

10
71

79

101 j

110

43

47

47

16 •

16 |

17

2tj
2>s
9«j

3<J
31
3°
33
34
35
36
37
3*

SURVEY OF CURRENT BUSINESS

24

August 1959

Table 63.—Broad Industrial Sources of Personal Income, by States and Regions, 1958
Table 70.—Industrial Sources of Civilian Income Received by Persons for Participation in Current Production,
by States and Regions, 1958 *
[Millions of dollars]
Table 63

Total
Farm
personal
inincome come 1

State and region

Continental United States, ._ 356, 328

Services

Government 2

Other

274, 020

277, 197

17, 060

4,334

18, 837

82, 769

55,516

14, 008

14,611

8,166

27, 776

33, 141

979

18, 733

17, 297

321

29

1,080

6,674

3,233

1,008

599

529

1,877

1,844

103

1,622
1,101
649
11,641
1,720
6,524

94
24
44
70
10
76

248
154
74
1,411
302
487

110
71
49
813
115
372

1,170
852
482
9, 347
1, 293
5,589

1, 199
816
486
8,592
1,217
4,987

95
24
44
71
10
77

2
1
6
13
1
6

81
51
32
488
72
356

388
318
137
3,175
476
2,180

237
140
94
1,672
239
851

44
37
20
513
65
329

57
27
26
311
41
137

37
14
272
40
139

98
85
53
1, 036
115
490

145
103
58
990
152
396

15
3
2
51
6
26

90, 057

1,066

9,859

5,855

73,277

69, 484

1,078

527

4,110

22, 870

14,201

4,149

3,704

2,212

8,103

8,344

186

41, 954
14, 494
23, 617
1,253
6, 566
2 173

393
144
375
38
116

3, 634
1,379
2,592
100
1,268
886

3, 137
844
1,302
60
412
100

34, 790
12, 127
19, 348
1,055
4,770
1, 187

32, 277
11,457
18, 267
866
5, 116
1,501

398
146
379
38
117

68
24
420
(3)
15

1,777
732
1, 071
73
397
60

9, 356
4,566
7,171
389
1,344
44

7,414
2, 136
3, 330
128
973
220

2,480
572
765
30
245
57

1,664
614
1,049
41
256
80

1,087
345
563
19
161
37

4,289
1,226
1,708
76
521
283

3,664
1,065
1,768
70
1,061
716

80
31
43
2
26
4

77,734

2,671

6,812

5,052

63, 199

62, 284

2,705

470

3,952

24,731

11,699

2,597

3,078

1,700

5,286

5,923

143

16, 507
20, 409
9, 118
24, 076
7,624

394
460
467
865
485

1,428
1,907
790
2, 063
624

1,316
1,221
565
1,408
542

13, 369
16,821
7, 296
19, 740
5, 973

13, 137
16, 272
7, 446
19, 373
6,056

399
466
473
876
491

86
123
59
181
21

729
1,052
458
1, 333
380

5,912
6, 839
3,087
6,591
2,302

2, 296
2,948
1,347
3, 964
1,144

447
634
281
1,003
232

433
856
378
1,154
257

382
422
192
544
160

1,060
1, 324
481
1,950
471

1,373
1,561
672
1, 733
584

20
47
18
44
14

29, 671

4,120

2,961

2,075

20, 515

23, 403

4,168

286

1,608

4,805

4,887

1,039

1,505

657

1,927

2,457

64

6, 468
5, 258
8,702
1, 103
1,147
2,759
4,234

647
1,040
622
344
329
574
564

559
448
875
101
146
311
521

524
360
520
93
89
183
306

4, 738
3,410
6, 685
565
583
1,691
2, 843

5, 166
4, 164
6,818
918
913
2, 166
3,258

654
1, 052
629
348
333
581
571

97
19
40
13
12
12
93

416
239
455
67
64
124
243

1,132
839
1,849
27
55
270
633

1,092
834
1,495
197
183
449
637

251
162
340
27
30
109
120

340
198
506
52
33
152
224

138
111
220
18
22
53
95

454
295
633
64
61
169
251

574
400
635
104
118
242
384

18
15
16
1
2
5
7

55, 826

3,955

8,228

4,170

39, 473

43, 050

4,002

1,166

3,135

10, 323

8,671

1,980

2,362

1,181

4,094

5,952

184

6, 586
2,972
4,303
4,992
6 297
2,929
5, 678
8, 334
4,364
2,302
4,901
2,168

312
69
375
343
695
234
369
420
304
298
215
321

1, 563
328
634
628
750
470
843
1,155
711
326
495
325

406
225
289
365
457
208
394
597
334
208
511
176

4, 305
2,350
3,005
3, 656
4, 395
2,017
4,072
6, 162
3,015
1,470
3, 680
1,346

5, 046
2, 341
3, 307
3, 966
4, 987
2, 249
4,440
5, 963
3,512
1, 799
3, 807
1, 633

316
70
380
347
702
237
374
426
308
301
217
324

79
393
180
30
13
4
20
39
68
31
277
32

333
128
221
232
283
146
294
715
233
120
336
94

1,045
644
844
1,186
1,587
760
1,158
713
979
391
700
316

967
389
609
808
929
397
982
1,493
642
362
793
300

220
70
115
171
189
96
222
448
149
67
172
61

321
151
212
216
224
76
251
324
161
67
259
100

136
103
94
81
105
51
126
156
93
53
131
52

482
164
276
368
398
182
404
826
298
152
410
134

1,122
226
368
521
541
294
583
780
574
245
489
209

25
3
8
6
16
6
26
43
7
10
23
11

- - -

24, 733

1,996

3,167

1,807

17, 763

19, 257

2,019

1,282

1,515

3,185

4,122

946

1,078

632

1,885

2,535

58

__

3,975
17, 007
1,548
2,203

343
1,320
120
213

578
2,023
273
293

348
1,118
149
192

2,706
12, 546
1, 006
1,505

3,023
13, 269
1,225
1, 740

347
1,335
122
215

282
813
96
91

209
973
129
204

413
2,477
79
216

634
2,940
212
336

137
666
57
86

156
801
57
64

104
416
48
64

266
1,259
173
187

461
1,555
247
272

14
34
5
5

8,134

799

1,065

667

5,603

6,369

808

306

608

875

1,303

280

440

203

556

985

59
23
52
87
85

71
85
55
280
117

107
133
39
396
200

188
171
90
605
249

39
31
19
135
56

86
56
59
157
82

31
27
15
91
39

81
73
41
267
94

137
116
77
407
248

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

Rocky Mountain
_ _

Far West
_

Finance,
Commuinsurnications
ance and Transporand
real estation
public
tate
utilities

1,530

.

._

Contract Manu- Wholeconstruc- factur- sale and
tion
ing
retail
trade

25, 109

Plains

Washington
Oregon
Nevada _
California. _ _

Mining

2,676

Great Lakes

Montana
Idaho
Wyoming
Colorado
Utah

Farms

40, 342

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

_.

State
and
local

Total

318

Mideast

Oklahoma
Texas
_
New Mexico
Arizona

Federal

Private
nonfarm
income 3

16, 857

Maine
New Hampshire
Vermont
Massachusetts _
Rhode Island
Connecticut
.. . _ _

Southwest

Government
income disbursements 2

23, 257

New England

Michigan
Ohio
Indiana
Illinois
Wisconsin

Table 70

.. - -

Territory of Hawaii

255
177
85
216
66

155
127
75
472
236

105
90
56
295
121

806
732
452
2,520
1,093

1,058
896
533
2,645
1,237

46,916

1,932

5,574

3,953

35, 457

36, 053

1,959

268

2,829

9,306

7,400

2,009

1,845

1,052

4,048

5,101

236

279
198
32
1, 450

11
9
20
228

346
202
54
2,227

1,230
713
28
7,335

954
617
107
5,722

230
133
20
1,626

273
176
34
1,362

107
92
16
837

395
260
154
3,239

710
363
77
3,951

27
12
1
196

80

1

72

79

173

2S

44

26

105

216

3

5,982
3,556
686
36, 692

275
196
31
1,430

870
371
91
4,242

529
290
50
3,084

4,308
2,699
514
27, 936

4, 562
2,775
543
28, 173

1,154

79

337

98

640

827

Footnotes to Table 63:
1. Consists of net income of farm proprietors, farm wages, and farm
"other" labor income, less personal 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.




5
(3)

1,321
1,126
668
3,503
1,516

259
179
86
218
66

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.

(3)

2
2
1

August 1959

SURVEY OF CURRENT BUSINESS

25

by Samuel Pizer and Frederick Cutler -fa

Capital Flow to Foreign
Countries Slackens
FTEE reaching a peak of $3.2 billion in 1957, the outA
flow of U.S. private capital to foreign countries Avas reduced to $2.8 billion in 1958 and declined further in the
first half of 1959. Nevertheless, as indicated in the first
chart, the rate of outflow continues to be much higher than
that which prevailed prior to the sudden upswing in 1956.

Postwar Foreign Investments
Private capita! outflows and reinvested
earnings declined in 1958 . . .
Billion Dollars

3
Capital Outflows

Reinvested
Earnings

as direct investment flows
fell sharply . . .
7otal Direct Investment Flow

although other private capital flows
reached a record high

Investments by U.S. companies in their foreign brandies
and subsidiaries were cut severely in 1958, especially in the
petroleum industry, as economic activity slowed down in
many countries and excess capacity appeared both for manufactures and raw materials. Foreign earnings of the
companies were also adversely affected, declining from the
1957 amount by 11 percent to about $3 billion. Of this total,
retained earnings of the foreign subsidiaries were about
$750 million, a decline of 25 percent from the prior year.
Additions to direct investments through capital flows and
retained earnings together amounted to $1.8 billion in 1958,
raising the total book value of direct foreign investments to
$27.1 billion at the end of that year.
While direct investments receded in 1958, net purchases
of foreign bonds and corporate stocks by U.S. investors
climbed to $114 billion, from about $% billion in 1957, and
credits extended by banks and commercial concerns were
expanded by over $500 million during the year. Outflows
of this magnitude reflected the relative ease in U.S. money
markets, particularly in the first half of 1958, coupled with
an intensified interest in the equity securities of Canadian
and European enterprises. In the course of 1958, however,
interest rate differentials shifted as the U.S. economy recovered strongly accompanied by rising interest rates, while
in Europe interest rates declined as economic activity lagged.
Canadian interest rates rose sharply after the middle of
1958, reflecting economic recovery.
In line with these developments, offerings of new foreign
bonds in the United States diminished in the last half of
1958 and have remained relatively moderate in the first half
of 1959. Credit extension by banks also slowed down in the
latter part of 1958 and there were net repayments in the first
half of 1959. On the other hand, United States purchases
of foreign equity securities continued at a record pace, arid
have been a significant factor in the rise of share prices in
foreign markets.
Reflecting both increased capital outflows and gains in
market values, U.S. holdings of foreign securities rose from
an estimated $5.9 billion at the end of 1957 to $7.6 billion at
the end of 1958.

Direct Investments

1946

48

50

52

54

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




56

58
59-

The extraordinary growth of direct foreign investments
in 1956 and 1957, reaching $3 billion annually, reflected primarily accelerated outlays in the petroleum industry, and
to a much lesser extent an expansion of manufacturing investment. Similarly the decline to an increment of $1.8
billion in 1958 resulted mainly from a drastic falling off
in petroleum investments, together with small declines in
most other industries. Petroleum investments accounted for
some 40 percent of all direct investments between 1950 and
NOTE.—MR. PIZER AND MR. CUTLER ARE MEMBERS OF THE BALANCE OF PAYMENTS DIVISION, OFFICE OF BUSINESS ECONOMICS.

SURVEY OF CURRENT BUSINESS

26

1958 and, as shown in the accompanying chart, were subject to sharper variations than other industries.
Even though reduced from the record levels of recent
years, the current flow of direct investments is substantially
higher than the postwar average. Moreover, after a long
period of steady expansion abroad, U.S. parent companies
tend to draw an increasing proportion of the funds needed
for further growth from internal sources of the existing
foreign enterprises and from capital markets abroad. Thus,

Cumulative increase in U.S. Direct Foreign
Investments, 1950-58, by Areas
Billion Dollars

6

*
Canada

O

4

Latin America

-

August 1959

in Argentina and some countries in Central America. In
several countries local conditions inhibited expansion, and
depressed world market conditions were a factor in Venezuela. Nevertheless, exploration and devolpment activity
remained vigorous in the area and new arrangements for
developing petroleum resources were being worked out, although the extent to which they will require capital outflows from the United States is not clear.
Manufacturing investments in Latin America also weakened in 1958, with the steady growth in Brazil and Venezuela offset by sharp declines from the 1957 rates in most
other countries. In some of these countries economic or
political difficulties discouraged expansion, but U.S. companies have announced plans to carry out a great variety
of manufacturing investments in the area in the near future.
Declining earnings and the completion of some major
projects reduced the rate of mining investments in the area,
although sizable investment programs were still in progress
in Chile, Peru, and Cuba, and new developments are likely
to require major outlays in the next few years. Of the
other industries important to Latin America, U.S. investments in agriculture continued to fall, especially in Cuba
where there was a sizable liquidation, while public utilities
sustained the steady progress of recent years despite operating problems in some countries.

Canadian investment smaller

2

-

1950

52

54

56

U. S. Department of Commerce, Office of Business Economic:

it is possible for an enlarged program of capital expenditures abroad to result in a less than commensurate
rise in
capital outflows from the United States.1 Nevertheless,
present plans of U.S. industry to invest abroad in manufacturing facilities and in the development of additional reserves of metals and minerals appear to be sufficiently extensive to indicate continued outflows of capital at a relatively high rate for some time to come.

Expansion slowed in Latin America
After a record growth of $1.3 billion in 1957, the increase in direct investments in Latin America fell to $0.4
billion in 1958, about equal to the 1950-56 average.
Petroleum investments accounted for only $145 million
of the 1958 total compared with over $900 million invested
during 1957. About $250 million of the 1957 amount for
this industry represented cash payments for leases, but the
remainder of the decline indicated a considerable slackening
of investment outlays. Investment activity in this industry continued to center on Venezuela. There was some
upturn in activity, although on a relatively small scale,
1
Diita for 1958 on sources and uses of funds of foreign branches and sub*i<liaries of United States companies will appear in the SURVEY OF CURRENT
BUSINESS for October 1959.



U.S. direct investments in Canada increased in value by
$600 million in 1958, exceeding the amount invested in any
other major area in the year but lower than the average
annual increase in Canada since 1950. As in most other
areas investment activity was significantly less than in 1957,
with capital outflows from the United States reduced more
sharply than reinvested earnings.
The reduction in manufacturing investments was part of
the broad decline in economic activity in Canada and probably also reflected the appearance of some excess capacity
following a long period of expansion. Petroleum investments were also curtailed, in line with the general experience of the industry in the year, but mining investments
registered some increase as new projects, especially for the
development of iron ore, were undertaken.

Growth in Western Europe
The overall growth of U.S. direct investments in Western
Europe was lower in 1958 than in 1956 or 1957, but the
downturn reflected almost entirely a steep drop in capital
flows and reinvested earnings for the petroleum industry.
However, for this industry especially it is likely that reduced capital flows indicate that a larger proportion of
the funds required for expansion were obtained in local
capital markets. Capital outflows for manufacturing* investments were reduced, and an increasing part of the additional investment represented reinvested earnings.
Investment in the Common Market countries was up substantially over the year, especially in France and Italy.
The capita? flow to Germany was under the 1957 amount
but much of this offset by larger reinvested earnings. Capital flows to the United Kingdom were sharply reduced in
1958, particularly in the petroleum industry, while reinvested earnings declined in this industry and to a lesser
extent in manufacturing.
Data available for the early months of 1959 indicate a
strong upswing in capital flows to both the LTnited Kingdom
and continental Europe, and the renewed advance of economic activity in these countries, coupled with already

August 1950

SURVEY OF CURRENT BUSINESS

planned expansions in petroleum and other industries, should
sustain a vigorous growth.

Other eastern hemisphere
U.S. companies accelerated their investments in the African continent in 19585 notably in newly developing areas in
West Africa and north of the Sahara. In the latter area
petroleum development was most important, although the
data given here do not provide a full measure of these investments since they do not include large exploration and development expenditures charged against income. In West
Africa, mining investments w^ere being rapidly expanded
with continued sizable outlays in prospect. Investment in
manufacturing facilities in the Union of South Africa
expanded moderately.
In the Middle East, investments in the petroleum industry
grew at a somewhat greater rate in 1958 than in other recent
years, reflecting continued efforts to improve facilities in
the area and expand proved reserves. A marked increase in
manufacturing investments in Australia was the leading
feature of developments in the Far East, and sizable additions were made to investments in various industries in the
Philippine Republic.
Investments in shipping companies registered in Panama
and Liberia have now been segregated in an "International"
category, since they cannot be regarded as part of the
economies of those countries. Such investments continued
to expand in 1958.

27

There was also a marked reduction in Latin America, although the drop was largely confined to Mexico and Cuba.
A striking increase occurred in the British West Indies,
largely related to a single enterprise.
U.S. companies continued to add to their manufacturing
investments in Europe in 1958 at an annual rate of over
$200 million, with some falling off in the United Kingdom
offset by moderate upturns in several continental countries.
Elsewhere the growth of manufacturing was proceeding at
a rate of 80 to 90 million dollars annually, but with most of
the investment still directed to a few relatively developed
countries, especially Australia.
Mining investments declined only slightly in 1958, despite
a substantial reduction in earnings wrhich limited reinvestment in the year. In several areas investments by this
industry were on the increase, including Canada and West
Africa, where iron ore projects were significant, and in some
of the Caribbean countries, where reserves of nonferrous

Cumulative Increase in U.S. Direct Foreign
Investments, 1950-58, by Industry
Billion Dollars

Major industries decline
The downturn in direct investments in 1958 was most pronounced in the petroleum industry, but was evident to a
lesser degree in all other industries except trade and distribution. A preliminary review of the data on capital expenditures and inventory accumulations by the enterprises
abroad, now being tabulated for publication in October, indicates that such outlays were reduced, but with substantial
differences from the data on capital outflows and reinvested
earnings covered in this report.
Although the growth in petroleum investments was much
less in 1958 than in the 2 preceding years, it exceeded the
average for the 1951-55 period. Most of the decline from
the 1956-57 peak occurred in Latin America, where many
countries experienced considerable reductions although the
bulk of the change was in Venezuela, However, there were
also sizable cutbacks in Canada, the United Kingdom, Germany and a few Far Eastern countries. Capital flows were
generally lower and depressed earnings in most countries
also reduced the amount available for reinvestment,
In view of the work being clone or already programmed
to develop larger proved reserves and enlarge refining and
transportation facilities in many countries, based on expectations of a steady increase in world demand for petroleum
products, this industry is probably entering another period of
rising outlays abroad.
Manufacturing investments abroad by U.S. companies
were increased by nearly $600 million in 1958, a rate about
equal to the annual average since 1950 but substantially
lower then the rate in 1956 or 1957. The cutback resulted
from a 50-percent drop in capital outflows, while foreign
earnings of the industry and the amount reinvested remained" strong. For Canada, capital flows in manufacturing fell by almost $100 million between 1957 and 1958,
notably in connection with aluminum production facilities.




1950

52

56

58

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

ores were being developed. These gains were offset by
reduced activity in some South American countries.
Investments in public utilities abroad, largely in Latin
America, expanded at a steady rate in 1958, sustained by therein vestment of a large portion of earnings as well as additional capital funds. Substantial investments in public utilities were going forward in a number of countries, notably
Venezuela and Cuba. For the second successive year U.S.
investors liquidated their interests in sugar properties,
largely in Cuba and the Dominican Republic, while investing
a small amount, on balance, in other agricultural enterprises.
The flow of investment to expand trade and distribution
facilities abroad rose moderately in 1958. A need for

28

SURVEY OF CURRENT BUSINESS

Improved access to expanding foreign markets was probably a factor in the growth of this type of investment by
U.S. companies in many countries. In Canada, however,
business conditions in 1958 did not encourage further
Investment in this industry.

Other Private Investments
In the postwar years the net outflow of U.S. private capital, other than direct investments, has fluctuated widely from
year to year, as shown in the first chart, but has tended upward since 1955 and reached a peak in 1958. The extension
of short- and long-term credit to foreign borrowers by banks
and commercial concerns has been declining since 1956,
although the net outflow from this source in 1958 still exceeded $500 million. However, a major expansion in purchases of foreign securities began in 1956 and reached
record highs last year.
Purchases by U.S. investors of new foreign dollar bonds
began tentatively after the war and reached highs of $400500 million in 1947,1951 and 1956 when the relatively steady
flow of Canadian issues was supplemented by large International Bank bond issues. In 1957 these borrowers again
accounted for most of the increase to a total of $600 million
for new bond issues, but other borrowers began to enter the
.market to a significant degree. This trend continued in
1958, when new bond issues totaled nearly $900 million, of
which Canada and the International Bank each accounted
for over $350 million, Israel for some $50 million, and over
$100 million was accounted for by 11 other countries. Purchases of new dollar bonds in the first half of 1959 were
down to about $300 million, compared with over $600 million in the same period of 1958, but the amount offered by
comparatively new borrowers continued to rise. Foreign
purchasers continued to take a large portion of new dollar
bonds offered in the U.S. market.
Along with the rise in dollar bond issues, sales of foreign

Earnings of U.S. Direct Foreign
Investments, by Industry
Billion Dollars
2,0

1.5 Wrolei

1.0 -

I
1948

I

I
50

I

!

\

52

(<U, 5. Department of Commerce, Office of Business Economics




\
54

I
56

58
59-8-1I

August 1959

corporate stocks and other securities to U.S. investors also
pushed upward in 1958. Sales of European corporate stocks
in the U.S. market were $240 million, after having been
liquidated on balance during 1957; sales of Canadian equities
remained steady at about $60 million; sales by the Union of
South Africa increased sharply, mainly representing shares
of an investment fund. U.S. investors also purchased sizable amounts of Canadian bonds, in addition to those payable in U.S. dollars, especially in the closing months of the
year when interest rates in that country were rising sharply.
In the first half of 1959 sales of foreign stocks in the U.S.
market have continued at an undiminislied rate, and market
prices of stocks both here and abroad have moved sharply
upward. Foreign investors have also made substantial purchases of U.S. corporate stocks this year. It now appears
that with the relaxation of exchange controls in Europe at
the end of 1958 and the emergence in several countries of a
better balance between savings and local demands for investment funds, the international movement of private capital
for portfolio investment is likely to expand significantly.
Changes in relative interest rates among countries assume
an added importance under these circumstances. U.S. banks
reacted to rising interest rates here when they reduced their
outflow of short-term funds from $340 million in the first 9
months of 1958, to almost nothing in the final quarter and
a net liquidation in the first half of this year. The outflow
of longer term bank financing also slowed down but continued at a moderate pace through 1958 and the first half of
this year. In recent months U.S. banks have agreed to
participate in several loan programs for foreign countries.

Foreign Assets in the United States
Holdings of dollar funds in the United States by foreign
governments, banks, and individuals are also strongly
influenced by relative interest rates here and abroad. In
the first half of 1958, when short-term interest rates in the
United States were declining relatively rapidly, foreign governments added very little to their dollar accounts but purchased nearly $1.5 billion of gold in the United States. In
the final half of 1958, as interest rates here moved sharply
upward while those in many foreign countries continued to
decline, foreign governments bought a further $0.8 billion
of gold but also increased their dollar holdings by $0.7 billion. Short-term dollar assets of foreign banks and
individuals increased by a little over $200 million in 1958.
Through the middle of this year domestic interest rates
rose more rapidly than those in most foreign countries, tending to maintain an inducement for foreign governments and
others to hold dollar assets. Consequently, while foreign
governments have continued to gain reserves they have tended
to hold a large portion of the gain in the form of interest paying dollar assets. Foreign banks sharply increased their
holdings of dollar assets in the first half of 1959, adding over
$600 million. Part of this increase represented a tendency
for some foreign governments to allow private banks greater
freedom in international financing.
Increases in foreign holdings of liquid dollar assets in
1958 went very largely into deposits, as shown in table 1, primarily reflecting the comparatively high interest rate then
being paid on time deposits. In the first half of 1959 a large
part of foreign holdings was shifted to Treasury obligations
as the pattern of interest rates changed.
Foreign investors have also been purchasing U.S. corporate bonds and stocks in moderate amounts since the
middle of 1958. However, while these purchases were comparatively minor a very large increase in the market value of
foreign holdings of U.S. corporate stocks resulted from the

SUKVEY OF CUKKENT BUSINESS

August 1959

upswing in stock prices, which added over $2 billion to the
value of such foreign investments in the United States.
The inflow of foreign capital for direct investment in
U.S. enterprises in 1958 was less than $50 million, so that
most of the increase in these investments in the year was
derived from reinvested earnings of over $100 million. Although the inflow of capital for direct investment was the
lowest in 10 years, this appears to be a temporary lull, since
a number of new projects are in prospect. However, much
of the capital required for these ventures is typically obtained
from U.S. sources.
Taking all factors into account, the value of foreignowned long-term assets in the United States increased by
$2.4 billion to a total of $15.2 billion at the end of 19589 and
has risen by a further substantial amount in 1959.

Earnings of U.S. Investments
The steady upward trend of earnings on U.S. private
foreign investments was interrupted in 1958, when they
declined to $3.4 billion from the peak of $3.7 billion reached
in 1957. Direct-investment earnings fell by about $375
million, as demand in most markets was static or declining
and prices of most basic commodities were driven down. On
the other hand, the growing volume of private portfolio
investments abroad, coupled with somewhat higher yields on

29

new bond issues, raised income from this source by some $50
million.
Over $300 million of the decline in direct-in vestment earnings resulted from a 20-percent fall in earnings of
the petroleum industry. All branches of the industry wrere affected^
although there was a sharp contrast in results in the two
principal producing areas, Latin America and the Middle
East. In the former, earnings dropped by $300 million
reflecting a 6-percent dip in crude oil production by affiliates of U.S. companies, and the imposition of additional
taxes by Venezuela in the closing months of the year which
accounted for a charge against earnings of about $130 million. In a number of Latin American countries the industry reported losses for the year, although in some cases this
reflected rising exploration and development costs. Lower
production and continued exploration outlays also contributed to reduce earnings in Canada. On the other hand,
Middle East earnings were up substantially over the previous year, as output by U.S. companies rose 14 percent.
In Europe, where refining and marketing are the principal
activities, petroleum earnings slumped sharply in a number
of countries. Large exploration expenses in North Africa
were the principal factor in losses reported in that area;
in most Far Eastern countries earnings held steady. Operations of tanker fleets, most of which are now shown in the
"International" category in table 4, resulted in much lower
earnings in 1958 than in the prior year.

Table 1.—International Investment Position of the United States by Area, 1957-58
[Millions of dollars]

Total

1957 '
U.S. investments abroad, total
Private investmentsLong-term.
Direct
Foreign dollar bonds
Other foreign securities 2 __ _ _
Other
Short-term
Deposits
Other
U.S. Government credits and claims
Long-term....
Srmrt-tfirm

_

,_

_

Foreign assets and investments in the United
States, total
-_
Long-term
Direct
_ _
Corporate stocks
__
Corporate, State and municipal bonds
Other
Short-term assets and U.S. Government obligations
.
__
. _
_
Private obligations
Deposits
Other

_._ .

...

U.S. Government obligations..
Long-term 3 _ _
Short-term

... _

Western
E urope

1958 P

1957 '

1958 P

Western
European
Dependencies

Other Europe

1957'

1958 v

1957 '

1958 p

Canada

Latin American
Republics

1957 '

1958 P

1957'

1958 P

Other foreign
countries

International
institutions
and
unallocated

1957'

1958 P

1957'

1958 »

54,232

59, 155

16,744

17, 737

973

1,100

384

478

12, 905

14,253

11,772

12,832

6,627

7,485

4,827

5,270

36, 814

40, 824

6,777

7, 768

955

1,091

29

27

12, 899

14, 249

10, 534

11, 133

4,273

4,762

1,347

1,794

33, 632

37, 336

5,786

6,714

928

1, 063

22

22

12, 574

13, 842

9,282

9,769

3,693

4,132

1,347

1, 794

25, 238
3,255
2,693
2, 446

27, 075
3, 931
3,690
2, 640

3.993
193
516
1,084

4,382
244
974
1,114

906

1,038

3

3

19

19

8, 325
123
37
797

8,730
139
40
860

2, 906
458
123
206

3,142
544
169
277

1854
907
233

25

8,929
2,094
2,474
345

1776
571

22

8,332
1,907
2,017
318

3,182

3,488

991

1, 05-1

27

28

7

5

325

407

1,252

1,364

580

630

424
2,758

498
2,990

225
766

266
788

8
19

9
19

1
6

5

112
213

136
271

47
1,205

55
1,309

31
549

32
598

6

4

1,238

1,699

2,354

2,723

3,480

3,476

1,559
140

1,578
776

1,751
972

3,474
6

3, 472
4

17,418

18, 331

9,967

9,969

18

9

355

451

15, 573
1,845

16, 192
2, 139

9,079
888

9,074
895

18

9

305
50

327
124

6

4

1,119
119

31, 427

34, 816

16, 952

19, 225

530

617

57

66

4,784

5, 344

3,820

3,720

2,628

2,828

1,809

2,126

12, 834

15, 219

8, 686

10, 399

253

340

36

43

2, 609

2,943

910

1,080

276

333

64

81

4,782
6,091
417
1,544

4,940
8,305
455
1, 519

2,988
4,415
284
999

3,080
6,030
316
973

20
139
10
84

21
218
17
84

19

26

135
493
64
218

135
663
64
218

59
122
8
87

73
165
8
87

32
49

17

1,631
1,171
1
140

19
45

17

1,580
884
6
139

18, 593

19, 597

8,266

8,826

277

277

21

23

2,175

2,401

2,910

2,640

2,352

2,495

1,745

2,045

9,901

10, 816

3,898

4,587

221

227

14

16

1, 348

1,440

2,570

2,357

1,769

1,945

81

24,4

8,072
1,829

9,184
1, 632

2, 651
1,247

3, 388
1, 199

170
51

184
43

9
5

14
2

1, 200
148

1, 365
75

2, 383
187

2,207
150

1,580
189

1,782
163

79
2

244.

8,692

8,781

4,368

4, 239

56

50

7

7

827

961

340

283

583

550

1,664

1, 801

1,449
7, 243

1,480
7,301

541
3,827

473
3,766

23
33

24
26

5
2

5
2 11

371
456

252
709

245
95

187
96

36
547

38
512

228
1,436

501
1, 300

' Revised.
P Preliminary.
1. Represents the estimated investment in shipping companies registered in Panama and Liberia.
2. 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.
3. Includes U.S. currency not distributed by area estimated at $847 million at the end of 1957 and $890 million at the end of 1958.
Source: U.S. Department of Commerce, Office of Business Economics.




SURVEY OF CURRENT BUSINESS

30

Other industries reporting substantially lower earnings in
1958 were agriculture and mining. Earnings of agricultural enterprises were reduced by more than 40 percent, with
nearly all of the decline in Latin America. Sugar properties in Cuba and elsewhere were affected by lower market
prices, and, of course, the sale of various properties in
recent years also reduced the earnings base. Other agricultural investments in Latin America also had lower earnings

August 1959

in 1958, but in other parts of the world the earnings of this
industry did not change significantly.
The sag in mining earnings which began in 1957 continued
into 1958 as prices remained weak. Older established mines,
especially copper properties and others in Latin America,
Canada, and Africa, were operating at reduced levels of output and earnings for most of the year. However, newer

Table 2.—Value of Direct Investments Abroad, by Selected Countries and Years, and Major Industries, 1957-58
[Millions of dollars]
1958 P

1957*

1
2

1950

Countries

Line

-

-

3 ! Latin American Republics, total...
4 i

Argentina
Brazil

6

Chile
Colombia

5 i

8
9

..

.

Cuba
Mexico

10 I
11

Peru
Venezuela

12

Central America, Dominican
Republic, and Haiti.
Other countries

13

..

14

Dependencies in
Hemisphere.

the

15

Western Europe, total

1955

1956

Total

Western

Mining
Petroand
smelt- leum
ing

Manufactur- Public Trade
utilities
ing

9,681

8, 485

1, 897

1, 760

2,396

1,083

2,410

3,696

364

i

480

896

536

896

8, 730

1, 327

3, 005

1,740

1,175 j

600

883

179

44
159

29
0)

517
1,345

f1)

0)

215

256
701

0)
!
181

45
171

31
(i)

39
62

0)
43

12
46

10

736
289

0)
91

40
66

(»)
!
45 i

13
49

18

80
363

334
95

35
76

292
22

861
781

82
364

356 I
85 ;

40
93

259
25

(i)
2,179

33
97

33

429
2,863

32
90

35
C1)

96

333

737

39

1,590

8,332

996

2 1 54

3,512

351

472

4, 445

5,443

6,233

7,059

8,325

1, 238

2,870

1,673

1,112

356

644

393
1 013

447
1 115

466
1 918

501
1 301

(i)
(i)

(i)
2?7

256
659

C1)

540
193

623
232

639
274

676
298

702
297

457
(i)

(i)
106

642
414

686
490

736
607

840
765

(i)
191

(i)

690

145
993

242
1, 174

305
1,428

343
1,829

400
2, 683

258
(i)

432

487

563

630

674

86

103

119

132

161

(i)

131

158

179

314

339

0)

190

2

1,720

2,145

3,004

3,520

3, 993

1,184

2,077

43
26

89
13

(2)
(1)

27

(i)
55

31
80

39

148

31

44

12

23

0)
54

16
17

65
32

95
38

134
39

150
45

156
45

18
19

France
Germany

217
204

276
251

376
332

427
429

457
496

(i)

147
151

243
268

(i)

20
21

Italy
Netherlands _

63
84

80
108

157
162

207
186

233
213

(2)
(1)

108
119

72
45

(i)

22
23

Norway
Spain

24
31

33
40

43
58

61
62

62
65

(t)
(1)

18

15
23

(i)

24
25

Sweden
S wit zerland

26
27

United Kingdom
Other countries

28

- _
_

Africa, total

29
30

Northern A frica
Western Africa

. _

31
32

Union of South Africa
Other Africa

58
25

70
28

96
41

115
48

118
55

847
70

1,038
88

1 426
140

1 612
177

1 899
194

287

399

572

659

711

56
41

72
64

99
110

124
127

132
146

140
50

194
69

259
104

288
120

305
128

33

Middle East

704

830

1,027

1,106

1,209

34

Far East, total

566

829

1 208

1 387

1 553

201
38

310
63

498
95

552
108

601
110

58
19

74
69

86
128

118
145

150
181

25
149

37
178

42
229

47
267

51
307

76

99

130

150

153

35
36

Australia
India

37
38

Indonesia
Japan

?Q
40

New Zealand
Philippine Republic.

41

Other countries

42

_ _ _

International

. __

356

421

596

672

776

6
1
2

(i)

206

19

1,256

2,308

47
32

89
14

(-;
(i)

179
164

270
315

(2)

110
126

0)

51

„

72

66

6

8
46

789

234

276

139

8
43

145
179

111
45

17

0)

Oi

!

13

119

0)
(')

!

44
9

1,218

38

0}

646

546

(i)

32
10

(i)

30

673
116

32
(2)

1

3
12

(!)

73

11
61

2
37

54
343

16

20

164

0)

2 \

63

6
10

2

15

140
11

63

53

(i)

30

2

1,315

19
42

176

1 313
36

93
65

183

(i)

149
182

854

(i)
(i)
4

63
57

354
39

0 >

(i)
(i)

27
43

0)

(i)
(i)

19
49

(0

(i)

15

0)

(i)
(i)

6

29

166

184

i
2 !

37
11

31
(i)

'

4
16

(i)
(i)

i

12
70

2
37

!

16

22

86

(i)
(i)

664

C)

3

400
104

329
136

16

26 i

3
22

(i)
0)

m

7
16

2,058
206

(2)

(i)

'

126
11

1,681

(i)

5

149
28

28

d)

10

26
3

174

25
36

48
15

(2)

6

(i)
(i)

14
25

5

145

(i)

1 i
!

A)
Or'>

(n

3

0)

54
35

77

302
36

313

91
48

45
10

(i)

396

35
30

119
60

34

24

26
64

(M

475

41

1

17
26

0)

347
0)

0)

23
17

(i)

11

i

(1)

7
14

C1)

24
6

65
68

(0

!

58

15

2
6

23

C1)

0)

629

!

C1)

45
i

264
225

1,118

593

14

42
14

38
9

4

159

10
24

(i)
(i)

(i)
(i)

;
80 i

0)

108
3

0)
(1)

35

0)

527
574

(i)
(i)

(1)
(1)

30
114

0)

32
29

15

32

2,302

22
48

126

(2)

280
C1)

46

163
52

100
43

53

19

41

4, 382

254

(i)

0)

49

3

203

57
54

195

110

291

1 201
33

92
60

483

0)
0)

0)

21
6

0)

0)

173

337

394
96

(2)

0)

395

3
23

0)

0)

22

51
25

(2)

0)

30

49
11

(2)

(0

ManuOtherfactur- Public Trade indusing
utilities
tries

2,856

1, 803

7,460

Belgium
Denmark

_.

Mining
and
Petrosmelt- leum
ing

8,929

7,898

6,494

„

Total

847

8,991

4,593

50

Other
industries

2,322 27, 075

2,634

3,579

_ __ _ 11,788 14,819 19,313 22, 177 25, 238

AH areas, total - _ _
Canada _

1952

1
82

190

!

v Preliminary.
1. Included in total.
2. Less than $500,000.
Source: U.S. Department of Commerce, Office of Business Economics.
NOTE.—The following country groupings apply to tables 2, 3, and 4: Dependencies in the Western Hemisphere includes British Guiana, British Honduras, British West Indies, Jamaica
and Trinidad, the Bahama Islands and Bermuda, French Guiana and French Islands in the Western Hemisphere, the Netherland West Indies, and Surinam; other countries in Western
Europe includes Austria, Eire, Finland, Greece, Iceland, Liechtenstein, Luxembourg, Portugal, Turkey, and Yugoslavia; Northern Africa includes all African countries bordering on the
Mediterranean; Western Africa includes Ghana, Liberia, British West Africa, French West Africa, and French Equatorial Africa; other Africa includes all African countries or dependencies
not listed elsewhere; Middle East includes all countries and dependencies East of Suez up to and including Iran, but excluding Turkey; International includes shipping enterprises registered
ill Liberia and Panama but operating worldwide.




SURVEY OF CURRENT BUSINESS

August 1959

31

increases in Gerany and Australia and smaller gains elsewhere. Earnings of manufacturing enterprises in Germany
nearly doubled in the year, and were exceeded only by those
in Canada and the United Kingdom.
Public utility earnings declined only slightly in 1958 while
trade and distribution operations returned substantially

properties just coming into sizable production in several
countries were beginning to raise their earnings.
Earnings of direct investments in other industries held up
well in 1958. Manufacturing earnings increased slightly
overall, as reductions in Canada and a number of Latin
American countries were more than matched by notable

Table 3.—Direct Investment Capital Flows and Undistributed Earnings, by Selected Countries, 1957-58, With Major Industries for 1958
Table 4.—Direct Investment Earnings and Income,1 by Selected Countries, 1957-58, With Major Industries for 1958
[Millions of dollars]
Table 4

Table 3
Net capital outflow

Total

Mining Pe- Manu- Other
tro- factur- indusand
smelt- leum ing
tries
ing

1957 p
Mining Pe- Manutotal Total and
tro- factursmelt- leum
ing
ing

-

P
1957 P
Mining Pe- Manu- Other
Mining Pe- Manu- Other 1957
total Total and
tro- factur- industro- factur- indus- total Total and
smelt- leum
tries
ing
tries
smelt- leum
ing
ing
ing

Other
industries
!

2,058 1,094

15
8

(2)
2

2
4

3
2

2
1

2
1

-2
-2

7
8

5
6

8
8

10
10

1

103
-12

160
3

52
5

198
(3)

214
—5

37

-19

23

28

62

28

-27

1

1
36

-8
25

-27
21

22

7

33
12

28
6

11

510

655

98

66

109

114

(22)
()

67
4

27
15

36
9

39
10

(2)
(2)

2
7

50
5

7
11

20
3
6
25

(2)
(3)

46
61

52
85

-4
0)

6
2

4
1

25
22

20
10

(0
2

()

2
3

2
(2)

5
5

5
4

2

(2)

4

12
11

10
12

16
(2)

326
11

315
-3

6

5

23
30

31
49

6
1

11
14

6
3

1

-1
1

3
4

4
3

1

(2)
10

2
-6

4
3

(2)
2

-2
-2

7

32
(2)

25
3

128
10

101
1

2

5
1

80
2

11

7

2

46

40

13

10

7

9
2

2

(2)
18

-2
11

2
12

1
(2)

1

1

31
6

20
6

7
2

6

2

()

21
19

6
6

()

8

12
1

0)

0) 1

(2)

(2)

5

(2)

(2)

3

1

32

-7

1 -37

21

7

142

139

18
1

-1
-3

47
6

55
9

1
2

-33
-9

44
17

32
9

-1
1
i

1
5

2
24

2
30

66

0)

0)

3

0)
-11

5

-2
(2)

0)
9
1

9

2

2

2

86

10

()

-1
0)

(0

0)
0)
2
4

(0

-8

1

(0

(2)

(0
(0
0)
0)
(0
(0

C1)

P)
5

(0

(2)

3, 330 2, 954

2

2

3

()
2

()
3

(2)
(2)

(2)

471

341

39

39

206

84

74

376

51

126

3

(2)

4
13

3
17

4
5

(2)

1
2

4
2

6
7

2
1

4
18

39
15

8
9

10
(2)

(2)
375

2
4

7
40

10
11

18

(3)

-4

2

20

12

-1

(2)

-7

1

5

13

(2)

21

33

14

153

72

15

7
1

4
1

16
17

12
30

4
3 i

18
19

5
(3)

7

;$
f> ;

20
21

(*\

1
1

1

i

2'2

(3)

5
7

5
3

24
25

3

98
-13

80
1

36
4

2ti
27

25

-32

15

20

25

24

29
30

3
2

31
32

108

69
-25
34

65
19

47
13

1

542

648

52

32

251

253

34
3

21
6

83
15

94
19

2
6

30
3

52
27

52
12

7

2
23

8
47

8
55

(2)

(22)
()

4
12

4
43

6
23

(3)

(2)

2

11

17

11

7

4

27

10

(

\

(2)

5

2

19

13

5

90

37

(2)
(2)

7
3

(3)

637

(3)

11
8
(2)
3
(2)

86

30

1

182 1, 204

-11
35

(2)

54

p Preliminary.
1. Combined in "Other industries."
2. Less than $500,000.
Source: U.S. Department of Commerce, Office of Business Economics.




(2>

2

(0

(')

(2)

2

(0

109

0)

14
9

5
17

207

6
(2)

1

6
6

14
38

236

2
6

9

13
4

12
-6

39

-3
(2)

68

1
(3)

1

17
4

66

2

18

21
36

532

21
3

67

(2)

23
31

547

173

(0

10
20

47

4
1

254

1
6

26
68

155

2
(0

31

2
16

16
2

6

12

-33
-7

11
2

84

5

-13
19

325

15
3

50

8

17

0)
0)
0)
0)
(0
0)

311

5
2

17

24

(0

117

10
o

10

13

17
-2

308

2
(2)

4

27

1

2
-4

104

45

7

24

4

-9

54

66

1

23

22

38

20

1

2

19

(0

49

4

46

28

114

10

18
468

29

72

25

675

-1
49

-1
1

6

-1
34

10
58

()

42

5

6

9

5
2

42

3

(2)
13

-3
12

— 15
6

5

-8

48
69

C1)
113

18

-3

66
77

22

0)
(0
2

1

4
5

29
132

11
20

19
419

1
17

47
796

38

27
617

32
(2)

3
27

9
9

-756

44

10
36

9

2
9

50
17

13
5

( )

(2)
384

5
4

1
-16

2

10
(2)

1

0)

3
(2)

()
(2) 1

<*) 8

()
(2)

0)
—1

58
11

45
42

0)
0)

14
53

17
-12

4

56
41

763

31
75

51
39

157
5

42
20

1,101

4
4

9
-7

9

5
35

72

3
13

2
-9

2

1
1

46

2
i

1
4

C2)

3

3

-1
(2)

35
8

14

7
18

(2)

2
-1

48
26

135

21
35

0)
-4

26
10

9
7

189

12
10

23
0)

15
14

3
2

51

0)

0)
(0
2

(2)

20
-4
29

25
-2

32
25

26

5G8

24
9

5
58

()
6

7
35

641

142

0)

627

10
40

39

75

1

912

7
21

132

8
26

1
6

199

27

288

(2)

97

2

15
48

0)

379

200

1,086

11

88

274

52

0)

368

31

230

15

367

214

85

8

123

402

398

0)

337

102

584

-13

555 2, 313 2,198

66

37

175

C)
0)

873

42

755

600

1

219 1, 307

135 1,017

184

Line

1958 J>

1958 P

1958 P

1958 v
1957 v
total

Income

Earnings

Undistributed subsidiary earnings

(2)
(2)

30

3

97

3

()

(3)
(2)

(2)

3

(2)

(2)

( 22 )
()

-29
-3

10
4
(2)
3
(2)

(3)

(3)

15
(3)

645

(3)

32
(22)
()
(2)

;

23

10

33

44

34

34

33
1

0
9

35
36

20

37
38

(3)

(2)

(2)

3
5

3
20

39
40

(2)

1

10

41

2

42

(2)

25

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 in "Other industries."
3. Less than $500,000.
Source: U.S. Department of Commerce, Office of Business Economics.

32

SUKVEY OF CURRENT BUSINESS

higher profits. The latter industry ranked third in earnings
among the various industries in 1958, after petroleum and
manufacturing, with total earnings abroad of $240 million.
Although direct-in vestment earnings abroad were weak
in some industries in 1958, on the whole they were stronger
than domestic corporate profits. While manufacturing
earnings abroad gained slightly, leading manufacturing corporations in the United States (excluding petroleum production and refining) reported a reduction of some 17 percent.
Although the drop in petroleum earnings was about 20 percent in both domestic and foreign operations, the latter were
severely affected by rising taxes. Mining earnings were
down by over 20 percent both here and abroad, but trade and
distribution earnings abroad increased substantially while
they declined in the United States.

August 1059

Foreign subsidiaries of manufacturing companies retained
about half of their earnings abroad in both 1957 and 1958,
but in the latter year relatively more funds from earnings
were available in Europe while earnings and reinvestments
were lower in Canada and Latin America, In the case of
agricultural and mining enterprises, reduced reinvestments
in 1958 were the result of decreased earnings rather than
higher dividends.
Dividends and interest received from U.S. portfolio
investments abroad have increased consistently since the war
and totaled over $400 million in 1958. Of the $54 million
increase in 1958, more than half was accounted for by interest on foreign dollar bonds, and there was also a^sizable
increase in interest on short-term loans.
Table 5.—Earnings on International Investments, by Type, 1950-58

Undistributed earnings decline

[Millions of dollars]

Although earnings of foreign subsidiary companies
declined from $1.9 billion in 1957 to $1.7 billion in 1958,
their dividend payments increased from a little over $800
million to about $900 million. Consequently, undistributed
profits declined considerably, from about 54 percent of subsidiary earnings in 1957 to about 44 percent in 1958. Dividends increased primarily for petroleum and trading companies but were reduced for mining and agricultural
enterprises.
Petroleum companies accounted for most of the shift in
dividend policy, for despite a decline of $200 million in the
earnings of foreign subsidiaries they increased their dividend payments to parent companies by about $70 million.
The tendency to pay out increased dividends extended to
companies in a great number of countries, partly reflecting
reductions in investment activity. A sizable part of the
drop in undistributed profits was accounted for by the shipping subsidiaries, which paid out very little in the form of
dividends in either 1957 or 1958, but suffered a sharp drop
in earnings in 1958,

Earnings on U.S. investments abroad,
total
Direct investments, total
Dividends, interest, and
branch profits.
_ .
Undistributed profits of
subsidiaries
Portfolio and short-term investments
Interest on U.S. Government
credits
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 U.S. Government
obligations

1950

1952

1954

1955

2,068

2 704

2 871

3 343

1,769

2,295

2,369

2,811

1,294

1,419

1,724

1,912

475

876

644

190

205

109

204

478

472

544

281

234

300

148

152

175

133
166

82
174

125
185

31

64

59

1956

1957-

1958*

3 611

3 898

3 677

3, 120

3 330

2 954

2, 120

2 313

9

898

1 000

1 017

755

230

258

297

363

417

272

274

194

205

307

631

699

770

786

320

309

319

328

191

190

20?

218

129
217

119
236

117
i 250

110
319

94

154

201

139

198

1. Includes interest on time deposits not available for prior years.
Revised.
p Preliminary.

r

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

Regional Markets in 1958
(Continued from page 15)
in counter-movement to Industrial unemployment. In Wyoming, the decline in Government income disbursements reflected a reduction of military forces stationed in "the State.

Reductions in Mining and Transportation
Earnings of individuals in both the mining' and transportation industries declined from 1957 to 1958 in every region
and in most States. This development is considered separately from the regional reviews above because of its industrial rather than geographic origin. That is, the
declines stemmed largely from a contraction in demand by
the manufacturing industry for mineral products (for use
as fuel and raw materials) and for services of the transportation industry (in moving both rawT materials and
finished goods).



For example, the bituminous mines of Pennsylvania,
Maryland, West Virginia, Virginia, and Kentucky supply
more than half the coal used in the factories of New England,
the Mideast, and Great Lakes regions. Accordingly, the reduction in manufacturing in these regions had a direct effect
on mining that extended beyond their regional boundaries.
Similarly the recession reduced the demand for and the
production of silver, lead, coal, and iron ore in Montana; of
coal and iron ore in Alabama; and of zinc and lead in
Nevada.
Because a substantial portion of transportation facilities
are engaged in moving raw materials from point of origin
to point of manufacture and in distributing manufactured
products throughout the Nation, the cyclical reduction in
factory activity, though concentrated geographically, had
direct effects on the transportation industry on a broad
geographic basis.

y BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1957 issue. 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.
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

1958

June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

July

June

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

_do
do
_ do
do
do
_ _ do

358.9

369.5

380.4

389 4

253. 2
236.0
193.2
9.7
33.2
17.2

258. 5
241. 1
197. 1
10.0
34 0
17.5

262.9
245.1
200 8
9.9
34 4
17.8

269 9
250.9
206 2
9 8
34 8
19 0

278 9
259. 4
214 0
9 8
35 6
19 6
46
34
12
12

Proprietors' income, totaled
do
Business and pro fessionalc?
- do __
Farm
__
_
do_ _
Rental income of persons
_ _ _ _ do
Corporate profits and inventory valuation adjustment, total. _.
_bil.ofdol _
Corporate profits before tax, total.. _ __ do _
Corporate profits tax liability
__do___
Corporate profits after tax
do_
Inventory valuation adjustment
_do__ _

45.9
32.0
13.9
11.8

46.8
32 6
14.2
11.9

47.4
33 2
14 1
11.9

46 9

33.8
33 6
16.5
17.1
.2

38.0
38 3
18 8
19.5

43.5
44 6
21 9
22.7
-1.1

45 5
46 5
22 6
23 8
-9

Net interest

do

14 1

14 4

14 7

15 1

15 4

...do

434.5

444.0

457. 1

470.2

484.5

Personal consumption expenditures, total. ..do
Durable goods
do_ _
Nondurable goods
_._do__ _
Services. _ _
do_ _

290.9
36 7
141. 5
112 7

294.4
37 1
143. 1
114 2

299.1
39 8
143 6
115 7

303
41
145
117

9
3
3
4

311
44
147
119

2
1
7
4

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

do
do _ _ _
_.do_ _
__do_ .

51 3
34.6
22 6
—5 8

54
35
22
—3

2
4
2
4

61 3
37.3
23 2
8

69
39
23
6

8
7
9
1

77
41
26
10

5
0
0
4

Net exports of goods and services^
do ._
Exports
do
Imports.
__ _ _ .
_
_do^ Government purchases of goods and services, total \
bil. ofdoL.
Federal (less Government sales) 1
do
National defense 9
- do
State and local
do

12
22.3
21 1

16
23. 1
21 5

2
22.7
22 5

— 9
21 5
22 4

18
22 1
23 9

44 3
39 7

91.1
51 3

93.8
53 1
44 5
40 8

96.5
54 2
45 3
42 2

97
53
45
43

4
8
8
6

97.7
53 9
46 2
43 8

355 0
42 1
312.9

363 4
42 9
320.4

366 3
43 4
322.9

371 8
44 4
327 4

381 1
45 g
335.3

22 0

26 0

23 7

23 5

24 1

Gross national product, total 1

Personal income, total___
_ _ do
Less: Personal tax and nontax payments
do
Equals: Disposable personal income
do_ _
Personal saving§
___do
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:f
Total personal income
bil. of dol
Wage and salary disbursements, total
do __
Commodity-producing industries, total
do
Manufacturing only
do
Distributive industries.
_ -do Service industries
_
do
Government
... do
Other labor income
do
Proprietors' income:
Business and professional
do
Farm
_
do
Rental income of persons
Dividends
._
._
Personal interest income
Transfer payments
Less personal contributions for social insur

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

Q

13 2
12 0

6
5
1
0

357. 1

* S59. 9
i 363. 5

i 362. 4

364.2

364.3

367.5

366.9

369.0

371.0

375.4

379.0

381.3

' 383. 8

384. 1

237. 9
96.7
75.7
63.5
34.6
i 43.1
9.3

i 243. 2
97.2
76.1
63.8
34.8
i 47.4
9.3

i 241. 3
97.9
76.7
64.3
35.0
144.1
9.3

242. 5
99.3
77.9
64.1
35.0
44.1
9.3

242.1
98.7
76.9
64.1
35.2
44.1
9.3

246.1
101.8
79.7
64.7
35.3
44.3
9.4

247.0
102.2
80.6
64.7
35.6
44.4
9.4

248.7
102.8
80.9
65.6
35.6
44.6
9.6

250.1
103.5
81.7
66.0
36.0
44.7
9.7

254.0
106.3
83.8
66.6
36.4
44.8
9.8

257. 3
108.6
85.4
66.9
36.8
45.0
9.9

259. 8
109.8
86.7
67.5
37.1
45.4
9.9

' 261. 7
'110.9
r
87. 7
'68.0
37.2
' 45. 6
10.0

261.2
109. 8
86.7
68.2
37.3
45. 9
10.1

32.3
13.4

32.4
14.1

32.6
14.2

32.8
14.3

33.2
14.2

33.1
14.1

33.4
14.2

33.5
13.5

33.7
13.2

34.0
12.9

34.3
12.2

34.5
12.0

'34.7
12.1

34.8
12.2

11.8
12.6
20.4
26.4
7.0

11.8
12.6
20.4
26.8
7.2

11.9
12.6
20.5
27.2
7.1

11.9
12.6
20.6
27.3
7.1

11.9
12.6
20.7
27.4
7.1

11.9
12.6
20.8
26.6
7.1

11.9
10.8
21.0
26.3
7.1

12.0
12.7
21.1
26.1
8.1

12.0
12.8
21.3
26.4
8.1

12.0
12.8
21.6
26.6
8.2

12.0
12.9
21.8
26.9
8.3

12.0
13.0
22.0
26.4
8.3

12.0
13.1
22.2
'26.4
8.4

12.0
13.3
22.4
26.5
8.4

1
1

346.3
1 339. 9 i 345. 7 i 344. 5
346.1
362. 7
365.3 «• 367. 8
368.1
348.8
351.6
Total nonagricultural income
do
349.6
353.8
358. 5
T
Revised.
1 Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements (at seasonally adjusted annual
rates) amounted to $0.2 billion in June; $3.6 billion in July; and $0.2 billion in August.
fRevised series. Estimates of national income and product and personal income have been revised
back to 1946; revisions for 1946-55 appear on pp. 12 fl. of the July 1958 SURVEY and for 1956-April 1958 on pp. 10 ff. of the July 1959 SURVEY.
^Includes inventory valuation adjustment.
HFor data in constant dollars and revised definitions for several components (also data back to 1950), see pp. 10 ff. of the December 1958 SURVEY.
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.
515099°—59-




S-l

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959

1958

June

July

1959

Septem- October Novem- DecemAugust
ber
ber
ber

J

wy"

F

arvU"

March

April

Mav

June

Julv

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

mil ofdoL.

Manufacturing
Durable- cr oods industries
Nondurable-goods industries

do
do
do

Mining
Railroads
Transportation other than rail
Public utilities
Commercial and other

do
do.
do
do
do

Seasonally adjusted quarterly totals at annual rates:
All industries
bll. of dol__
Manufacturing
Durable-goods industries
Nondurable-goods industries

do
do
do

Mining
Railroads
Transportation other than rail
Public utilities
Commercial and other

do
do__ _
do
do
do

1

2

7,761

7,427

8.013

6 905

2,939
1,395
1,544

2, 664
1 257
1,407

2,932
1 376
1 556

2 456
1 144
1 312

3 056
1 452
1 604

3 151
1 549
1 602

239
202
369

223
140
320

1,511
2,501

1,633
2,447

254
156
413

213
159
408

266
258
538

245
236
498

1,717
2 541

1,199
2 470

1 498
2 665

1 576
2 613

30.32

29.61

29.97

30.62

i 32. 29

11.53
5.57
5.96

10.86
5. 16
5.70

10.58
4 86
5.72

11 20
5 26
5 94

11 95
5 75
6.20

.88
.63

.92
.77

1.29
6.10
9.85

1.40
5.97
9.73

8 281

.97
.58

.95
.63

1 02

1.62
6 26
9 96

1 71
5 80
10 33

2.06
5 91
10.36

.99

2

8 319

33. 39
12 82
6 31
6 51

97
1
2
5
10

07
06
94
53

FARM INCOME AND MARKETINGS*
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 e^gs
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
INDUSTRIAL PRODUCTION^
Federal Reserve Index of Physical Volume
Unadjusted, combined index
1947-49=100.Manufactures
Durable manufactures
Primary metals 9
Steel
Primary nonferrous metals
Metal fabricating (incl ordnance)
Fabricated metal products
Machinerv
Nonelectrical machinery
K lectrical 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
\Vool textiles
Apparel and allied products
Leather and products
Paper and allied products
Pulp and paper

2,396

2,950

2,952

3,604

4,031

3,596

3,312

2,959

2,255

2,133

2,200

2,205

2,287
719
1, 568
399
880
261

2,773
1,211
1, 562
385
886
272

2,789
1, 257
1,532
369
870
275

3,337
1.567
1,770
357
1, 105
292

3,914
1,961
1, 953

3,530

3,259

2,221

2, 107

2,179

596

1,374

1, 511

1, 563

1,543

313

355
979
302

1,700
1, 559

847

2 180

1,879
1, 651

2, 912
1,397
1,515

94
67
115

114
113
115

115
117
112

137
146
130

161
183
143

145
175
121

134
158
114

102
72
124

127
132
123

127
132
123

147
160
138

177
209
153

160
197
132

372

1,250

616

637

p 2, 308
p 819
v 1, 489

348
778
222

388
855
248

390
921
221

120
130
111

91
79
101

87
56
111

89
57
115

90
59
113

146
173
126

130
144
120

103
90
113

96
58
123

96
53
129

99
57
131

p 108

375
893
271

366
885
238

427
859
220

p398
P853
"207

P95
P76
J> 109

P80
v 129

131

125

136

140

143

144

140

142

147

149

'151

153

155

P144

do
do_ _do
do_ __
do

133
138
106
105
133

127
132
90
92
126

138
140
102
105
128

141
146
111
114

146
155
124
128
157

141
152
119
127
162

144
154
127
136
163

150
160
144
156
169

152
163
154
170
167

155
166
155
171
169

156
169
157
170
168

158

p 147
p 158
P 99

-139

145
149
123
129
150

do
do
do
do_ __
do

149
125
138
125
162

144
123
133
120
158

150
133
142
119
186

156
141
151
128
195

158
136
150
127
194

167
136
153
131
197

168
136
152
133
190

168
134
156
134
199

172
135
162
142
202

174
138
164
147
196

176
142
165
149
196

179
146
170
153
203

do
do _ _
do __
do
do
do
do
do
_ _ do_ _ _

183
100
91
568
159
113
120

175
87
76
561
157
113
106

170
37
67
583
168
130
127

184
71
89
582
171
132
131

214
161
100
595
176
132
109

211
154
110
587
176
132
116

212
149
133
587
179
134
124

215
163
138
583
183
135
125

217
164
143
580
185
135
133

'572

148
130

211
160
112
591
174
132
126

215
162
148

148
126

173
53
78
573
160
124
130

160
143

155
147

153
144

145
137

141
133

145
137

156
139

166
142

do
do
do
do
do
do
do

128
119
114
121
103
138
125

123
119
116
115
104
128
107

135
126
127
120
102
122
104

137
131
134
130
102
119
108

142
129
130
138
103
124
124

138
120
121
134
101
113
111

130
110
112
133
101
104
94

135
107
110
139
98
95
91

140
109
110
140
99
105
100

141
109
108
133
99
113
109

143
114
111
136
99
124
119

do
do _ _ _
do
do
do
do
do
do

125
94
100
82
106
99
159
153

109
86
86
67
99
92
145
137

130
103
107
76
117
108
168
159

125
103
111
75
113
105
169
159

130
109
112
75
121
109
181
171

128
107
118
71
117
108
170
164

103
100
106
62
105
102
153
148

121
107
119

130
113
122

121
113
122

129
117
131

128
119
129

117
121

120
110
166
161

128
120
177
171

130
116
176
171

128
113
185
179

' 125

124

155
135

'
'
'
'

171
155
164
173

r 182
T

150

175

r 155

-213

p80

p
P
p
p
p

176
144
167
151
197

p210
p 150
pl29
P580
p 193
v 138

171
145

214
158
' 147
573
' 195
140
138
f 177
-148

142

r 144

p 136

188
137
140

' 117

113
129
102
131
124

112
180
175

123
117
129
104

P176
p 145

179
177

132
142
142
136
147
139
146
137
140
148
150
150
148
p 143
Printing and publishing
do
174
195
202
187
182
198
195
177
195
204
208
-206
205
Chemicals and allied products
do
202
211
183
214
218
226
184
190
217
231
236
235
Industrial chemicals
do
r
138
133
145
137
140
146
140
144
148
131
r V 144
138
139
p 134
Petroleum and coal products
do_ __
T
148
147
146
160
157
141
149
151
154
159
147
r 146
P 152
p 149
Petroleum refining
do
137
143
150
103
158
127
145
137
159
122
138
132
p 157
Rubber products..
do
r
2
Revised.
p Preliminary.
* Estimates for April-June 1959 based on anticipated capital expenditures of business.
Estimates for July-September 1959 based on anticipated capital
expenditures of business. Anticipated expenditures for the year 1959, and comparative data for 1956-58, appear on p. 4 of the June 1959 SURVEY.
9 Includes data not shown separately.
t Revisions
of annual data for 1946-55 appear on pp. 18 and 19 of the November 1958 SURVEY; revised monthly data for January 1956-April 1958 will be shown later.
d1 Revisions for 1956 for the seasonally adjusted indexes of industrial production and consumer durables output appear on p. 18 of the July 1958 SURVEY.




SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-3
1959

1958

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION^ 1 — Continued
Unadjusted index—Continued
Minerals
Coal
Crude oil and natural gas
Metal mining
Stone and earth minerals

115
72
133
100
150

110
46
137
91
151

120
70
142
96
153

123
73
145
107
158

124
75
144
107
156

123
75
147
93
151

124
76
151
81
139

124
73
152
86
131

123
74
150
91
130

122
fi9
149
91
138

124

do

132

134

136

137

138

141

142

143

145

147

150

153

155

P 153

- - do __
do _
do

134
139
103

136
141
102

138
144
109

139
145
113

140
146
122

143
151
123

144
152
123

145
153
125

148
157
138

150
160
146

153
164
149

156
169
154

- 158
172
-150

p 157
p 169
P 113

Metal fabricating (incl ordnance)
do
Fabricated metal products
do
Machinery
- - do ._
Nonelectrical machinery
do
Electrical machinery
- - - do -

151
125
141
125
171

154
129
144
125
181

156
132
147
126
188

155
135
148
129
186

156
133
147
130
180

163
136
150
133
183

165
136
152
132
190

166
136
154
132
199

168
135
158
138
198

170
138
159
142
192

173
142
163
145
198

-179
- 148
'170

r 184

P 1S7
P 1 52
"181
P 158

Transportation eouipment
do
Autos trucks and parts
- do
Other transportation equipment
do _
Instruments and related products
do
Furniture and fixtures
do
I umber and products
do
Btone, clay, and glass products
do
Miscellaneous manufactures
-- -- -do

185
95
320
160
116
113
145
132

185
96
318
162
119
114
152
135

186
96
321
162
123
120
150
134

178
82
322
166
126
118
157
137

183
91
321
169
127
120
149
138

203
119
327
173
129
125
151
137

204
123
322
175
127
125
148
134

204
124
322
176
133
127
147
137

204
123
322
179
132
126
149
137

207
128
322
181
135
129
158
141

211
132
326
183
138
133
166
147

- 213
136
- 320

129
116
116
116
116
95
110

132
116
116
114
121
101
115

133
116
116
115
121
103
114

133
115
116
114
121
103
116

134
115
115
115
120
104
118

135
116
116
119
126
104
117

135
117
116
121
126
104
116

137
118
117
121
121
106
118

139
119
119
121
130
108
120

140
119
120
117
121
110
121

142
120
120
J22
134
115
123

144
121

100
157
138
181
187
131
125

104
163
138
184
193
136
125

103
1.66
140
186
196
139
132

104
107
140
187
204
135
136

108
171
142
189
209
137
133

113
168
142
192
212
139
141

108
166
139
194
214
142
140

109
167
144
196
216
143
142

109
172
145
199
222
144
150

106
173
145
201
226
149
156

112
176
147
204
231
143
135

112
66
134
80
145

116
65
141
80
146

120
68
146
83
144

123
70
149
90
149

122
69
148
92
148

123
72
147
101
148

124
73
148
108
142

124
69
149
113
145

124
74
146
114
143

123
72
144
115
148

1947-49=100

109

100

100

103

116

143

137

136

140

-- do
do
do
do
-do
do
do

109
100
119
105
132
122
108

97
87
108
105
109
114
107

94
53
130
118
114
214
115

96
37
150
126
150
222
119

113
71
151
131
147
221
123

155
160
153
130
156
212
117

147
161
138
130
137
163
113

145
154
!40
130
131
193
115

150
149
154
135
158
199
117

do

111

114

115

103

108

133

134

133

- do
do
- __ __ do
do
do
do
- _- do

111
99
123
109
125
155
111

116
99
133
116
129
191
111

116
95
137
117
132
207
112

99
56
138
120
137
197
113

105
67
141
124
148
166
114

142
139
148
127
159
174
113

143
143
144
127
156
162
114

53.2
25.7
12.1
13.7
10.9
3.8
7.0
16.6
5. 1
11.4

54.0
26.3
12.3
14.0
11.0
3.8
7.2
16.7
5.2
11. 5

54.4
26.4
12.4
14.0
11.1
4.0
7.2
16.9
5.2
11.6

54.8
26.8
12.7
14.1
11.4
4.1
7.3
16.6
5. 1
11.5

55. 6
27.2
12. 9
14.2
11.5
4.1
7.4
16.9
5.4
11.6

56.1
27.5
13.3
14.2
11.6
4.3
7.4
17.0
5.5
11.4

57. 4
28.1
13.6
14. 5
11.7
4.3
7.4
17.6
5.8
11.8

1947-49=100
... - do _.
do
- do _
do

-

Seasonally adjusted combined index
Manufactures
Durable manufactures
Primary metals

-

- -

Nondurable manufactures
Food and beverage manufactures
Food manufactures
Beverages
-Tobacco manufactures
Textile-mill products
Apparel and allied products
Leather and products
Paper and allied products
Print in°" and publishing
Chemicals and allied products
Indu^tr'al chemicals
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
do
_do_
.do
do

- -

do_ __
- do
- __do
_ _ _ do
do

68
149
105
152

- 128
72
- 149
- 135

157

- 150
- 209

- 189

- 143
139
170
150

m

122
124
118
127
117
180
149
20S
233

- 127
- 72
p 146
141
161

150
«• 178
- 155
'221
216
139
326
- 197
145
130
-174
- 151
- 14,r)
120
120

P 1 15
p 46
P 144

P227

P218
T 140
v 332
T 199
P 146

""Vlsi"
p 155
P 146

119
128
178
149
211

" 150

134

- f 1 44
* 160

M37

124
71
147
114
155

120
73
- 149
- 115
154

- 125
74
147
112
155

P 119
T 56
p 148

144

142

r 142

143

P 132

155
103
151
13(5
1 59
173
117

154
1 64
148
135
1 56
166
M13

" 138
" 150

133
1 55
1 76
114

15/1
1M
1 52
i :->:>
1M
IRS
' 119

132

135

137

141

145

'• 147

140
139
143
132
140
181
118

137
130
146
133
145
185
119

141
142
142
133
139
179
121

140
147
147
135
144
189
115

151
153
- 153
140
151
195
117

1 55
156
156
140
145
235
121

p 157
'' 158

57. 4
28.1
13. 5
14. 6
11.8
4.3
7.5
17.5
5.8
11.6

58. 0
28. 5
13.9
14.6
11.9
4.4
7.5
17.6
5.9
11.7

59.2
29.1
14.4
14.7
12.2
4.6
7.6
17.9
6.0
11.9

60.6
30, 3
15. 2
15. 1
12.4
4. 7
7.7
18.0
6. 1
11.8

r 6 1. 5

f.2. 1
31. \\
15. 8
15.5
12.6
4.9

r

r 142

CONSUMER DURABLES OUTPUT^
Unadjusted total output
Major consumer durables
Autos
M^fl ior household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables
Seasonally adjusted total output
Major consumer durables
_
Autos
Major household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables

_

- 1 54
162
- 149

Mil)

BUSINESS SALES AND INVENTORIES^
Manufacturing and trade sales (seas, adj.), total
bil. ofdolManufacturing total
do
Durable-goods industries
_ _ _ _ _ _do_ .
Nondurable-goods industries
do
Wholesale trade, total
do
Durable-goods establishments
do
Nondurable-goods establishments
do
Retail trade, total
_
do_ _
Durable-goods stores
_ do
Nondurable-goods stores
_ _
do

.

" 30. 7
- 15. 5
- 15. 2
- 12. 5
-4.9
7.7
* 18.2

6. 1
- 12.1

18. 2
6.2
12.0

Manufacturing and trade inventories, book value, end
86.4
of month (seas adj ), total
bil. of dol
85.0
85.9
85.4
84.9
85.1
85.6
85.0
86.6
-88.3
89.1
86.0
87.6
Manufacturing, total
_ _ __
do
50.2
49.3
49.3
49.8
49.4
49.3
49.5
49.2
50.5
- 51. 6
52.1
49.9
51.1
Durable-goods industries. _ _ _ do_ _
28.5
28.0
28.3
27.9
28.1
27.9
28.1
27.8
29.7
28.4
28. 9
30. 2
29.4
Nondurable-goods industries
do _
21.7
21.2
21.5
21.4
21.4
21.4
21.4
21.4
21.5
r 21. 9
21. 5
21.9
21.7
12.1
19 0
Wholesale trade, total
_ _ _ do
12.1
12.1
12.1
12.1
12.1
12.0
11.9
12.0
12 3
11.9
12. 1
Durable-goods establishments _
do_ _
6.2
6.2
6.2
6.2
6.2
6.3
6.3
6.3
6.3
6.3
(i. 5
(i. 0
6.4
Nondurable-goods establishments
do
5.9
5.9
5.9
5.9
5.9
5.8
5.7
5.6
5.6
5.6
5. 8
5. 7
24.1
Retail trade, total
do __
24.0
23.9
23.5
23.7
23. 6
24.2
24.0
24.1
24.2
24.5
24.5
24.7
r
Durable-goods stores
_.
__
do
10.5
10.8
10.7
10. 3
10.7
10.5
10.8
11.0
11. 1
11.5
11.0
11.6
11.3
Nondurable-goods stores _ _ __ _
do
13.3
13.3
13.2
13.2
13.2
13.2
13.1
13.2
13.2
13.0
13.1
13.2
13.1
'Revised.
v Preliminary.
cfSee correspon dinjl note on 3. S-2.
§ The term "busin 3ss" here includes o nly manu lacturing and trade . Business invento ries as she>wn on p. S-l cover
data for all types of producers, both farm arid nonfarm . Unadjusted dat a for man ufacturini j are shov Tn on p. £3-4; those for retail and who] esale trad e on pp. S-9, S-10, }md S-ll.
JData
beginning January 1948 for wholesale trade (not publis tied in th 3 1957 edi ion of BiJSINESS S^ rATISTICS) are availsible as fol lows: Foi 1948-50, upon reqilest; for 19 51-56, on p. 32 of ttie August
1957 SURVEY,




SURVEY OF CURRENT BUSINESS

S-4

August 1f>">9

1958

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

June

July

1959

Novem- DecemAugust SeptemOctober
ber
ber
ber

January

February

March

April

May

June

30, 673

32, 021

15 727
r
3, Oil
T
1 718
r
4, 515
T i 731
T 3 565
r
2 228
r 995
r
789
r
14 946
r
4 598
r 407
r 2 185
r
2 934
r 524

16 654
3. 256
1 814
4,798
1 844
3 688
2 274
1 044
835
15 367
4 652
454
1 294
1 037
2 199
3 Oil
574

30 742

31 256

r 15 515
r 2 858

15 766
2 913
1 745
4 552
1 789
3 571
2 286
1 029

July

GENERAL BUSINESS INDICATORS—Continued
i

MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
mil. of dol _

26, 122

24, 845

26,143

27, 323

28, 820

26, 729

27, 954

27, 329

27, 502

30, 589

30, 885

r

- do
do _do
do
do
do
do
do
do
do
do
do
do
do
_ do
__do
do

12, 584
2, 052

11, 880
1,900
1 592
3, 615
1 574
2, 103
1,103
894
710
14, 263
4,452
387
1,098
960
1,983
2,787
442

12, 687
2,069
1,696
3,993
1,758
2,093
1,009
933
757
14 636
4 571
398
1 131
958
2 137
2 774
445

13, 584
2,300
1,684
4, 112
1 865
2 588
1,458
982
757
15,236
4,730
408
1 219
1 013
2 164
2,874
527

12,911
1, 999
1 415
3,736
1 728
3 208
2, 104
843
640
13 818
4 347
370
1 123
917
1 881
2, 763
425

13, 717
2, 117
1 415
4.085
1 843
3,646
2, 415
831
583
14, 237
4, 353
422
1,071
898
1,833
3,237
502

13, 066
2,195
1,417
3,797
1,580
3,275
2,197
829
561
14, 263
4,251
377
1,083
942
1,947
3,195
503

13, 501
2,320
1 390
4, 125
1 668
3 215
2,019
853
582
14, 001
4,155
364
1,156
938
1 853
2,946
456

15, 305
2,792
1 622
4,595
1 791
3 491
2,304
969
724
15 284
4 483
404
1 243
1 018
2 132
3 107
526

15, 810
2,947
1,735
4,610
1 745
3,637
2,367
989
771
15, 075
4,378
399
1,217
1 044
2 247
2,988
554

T

1, 452
3,967
1,624
2,637
1,514
803
677
13, 538
4,441
401
1,006
921
1,949
2,628
467

11, 317
1,632
1,433
3,455
1,418
2,436
1,419
757
662
13, 528
4,414
410
936
871
1,865
2,750
473

do

25, 747

26, 284

26, 388

26, 804

27,158

27 467

28, 135

28, 143

28. 481

29, 130

30, 266

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

12, 086
1,854
1, 397
3,780
1,572
2,610
1,572
822
645
13, 661
4,357
382
1,025
903
1,899
2,682
445

12, 256
1,917
1,454
3,808
1, 577
2, 550
1,519
836
676
14, 028
4,371
390
1 061
937
1 979
2, 806
478

12, 385
1,984
1,482
3,817
1,624
2,582
1,453
832
657
14, 003
4, 373
372
1,077
941
2, 003
2,787
438

12, 723
2, 065
1,593
3, 999
1 712
2 438
1 318
850
701
14 081
4 312
386
1 027
949

do. ...

50, 278

49, 357

48, 887

48 910

49,015

Durable-goods industries, total 9
do
Primary metal
do
Fabricated metal
__
do
Machinery (including electrical)
do
Electrical
do
Transportation equipment
do
Motor vehicles and parts
do
Lumber and furniture. do_ _
Stone, clay, and glass
do. __
By stages of fabrication :J
Purchased materials. __
bil. of doLGoods in process
do
Finished goods
_ _
do
Nondurable-goods industries, total 9 --mil. of doL_
Food and beverage
do
Tobacco
do
Textile.
_
_
___do
Paper
do
Chemical
do
Petroleum and coal
.do _ _ _
Rubber,
do
By stages of fabrication :t
Purchased materials
-bil. of dol__
Goods in process
do
Finished goods
do

28, 698
3,999
2,987
9, 542
3, 580
6,579
2, 504
1,807
1,246

28 116
4 050
2 898
9 290
3 494
6,384
2,375
1,786
1 228

27, 658
4 100
2 777
9.110
3 413
6, 302
2,374
1,725
1,196

27 745
4 099
2 785
8 918
3 3%
6,718
2,769
1 691
1 164

•>7 687
4 13?
2 840
8 8f>2
3 306
6. 665
2,722
1 6f>4
1 148

7.6
11.3
9.7
21,580
4,416
1,785
2,635
1,435
3,776
3,348
1,015

7.6
11.1
9 4
21, 241
4 468
1 726
2 584
1 413
3 708
3^314
960

7.5
11.1
9.1
21, 229
4,644
J,746
2,499
1,404
3 674
3,340
963

7.7

11.3
8 7
21, 328
4 917
1 838
2' 385
1 395
3 686
3,374
981

7. 7
11 2
88
21, 476
4 958
1 861
2 371
1 405
3 724
3,390
998

8.4
2.9
9 9

8.4
2.9
9.9

8.4
2 9
9 9

Sales, value (unadjusted), total

_

Durable-goods industries, total 9
Primary metal
Fabricated metal
Machinery (including electrical)
Electrical
Transportation equipment
Motor vehicles and parts
Lumber and furniture
Stone, clav, and glass
Nondurable-goods industries, total 9 ._
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
Sales, value (seas, adj.), total
Durable-goods industries, total 9
Primary metal
_
Fabricated metal
Machinery (including electrical)
Electrical
Transportation equipment
_
Motor vehicles and parts
Lumber and furniture
Stone, clay, and glass
Nondurable-goods industries, total 9
Food and beverage
Tobacco
- - Textile
Paper
_«
Chemical
Petroleum and co01
._ _
Rubber
. _
-- Inventories, end of month:
Book value (unadjusted), total--.--

Book value (seas, adj.), total

.

_

-

mil. of dol__

Durable-goods industries, total 9
do
Primary metal
_ _
do
Fabricated metal- _ _ _ _ _
do
Machinery (including electrical)
do
Electrical
do
Transportation equipment
do
Motor vehicles and parts
do
Lumber and furniture.
.
do
Stone, clay, and glass
do
By stages of fabrication^
Purchased materials
bil of dol
Goods in process
do
Finished goods
_ _
do
Nondurable-goods industries, total 9 mil of dol
Food and beverage
do
Tobacco
do
Textile.
_
do
Paper
do
Chemical
do
Petroleum and coal
do
Rubber
do
By stages of fabrication^
Purchased materials.
- . _ bil. of dol
Goods in process
do
Finished goods
do
r

Revised.

9 Includes data not shown separately.




8.5
3.0
10.1

9 O71

2 860
4A4

11 0

8 8
21, 165
4 736
1 783
2 432
1 391
3' R417
3 369
QQQ

12, 943
2 182
1 569
3* 993
1 726
2 592
1 494
898
653
14.215
4 877
385
1 042
947
2 077
2 903
493

8.5
2.9
9.9

13, 613
2,256
1 586
3, 975
1 710
3 184
2,046
884
655
14, 522
4,481
414
1 079
955
2 004
2 970
518

13, 541
2,230
1 537
4,017
1 708
3,167
2,003
879
668
14, 602
4,522
428
1 102
942
1 932
3,043
508

49, 160

49, 468

27 684
4 217
2 809
8 866
3 312
6, 593
2, 666
1 683
1 162

27 873
4 297
2 810
8 852
3 295
6,639
2, 635
1,728
1 188

r 1 199
r 1 026

r

13, 870
2 421
1 526
4 131
1 724
3 168
1 960
894
677
14, 611
4 479
4?8
1 140
'977
1 930
3 037
490

14 400
2 580
1 605
4 226
1 704
3 212
9 060
918
731
14 730
4 465
416
1 200
988
1 979
3 046
' 506

15, 166
2 792
1 684 r 1 711
4 423 r 4 507
1 804 r 1 796
3 385 T 3 463
r 2 178
2 142
995 r 1 041
T 766
756
15, 100 r 15 227
4 507
T 4 617
r 388
411
1 253 T- j 310
1 034 T l' 0%
2 090
r 2 089
r 2 994
3 080
543
T 504

49, 776

50, 190

50 626

51 053

r 51 545

51 937

28 178
4 293
2 903
8,967
3 307
6,695
2,625
1,713
1,219

28 566
4 og6
3 008
9 125
3 376
6, 738
2,704

29
4
3
9

on i pn

r Q 97A

3 4Q9
9 815
3 7nfi
7,182
2,965

1 249

29 116
4 271
3* 151
9 °79
3 452
6,908
2, 766
1 750
1 265

T 9Q QO^

7. 7
11 3
9 0
21, 595
4 891
1 978
2 422
1 443
3 791
3' 264
1,004

7.6
11.5
9.1
21, 598
4 831
1 994
2,462
1,451
3 787
3,199
1,023

7.7
11.5
9 4
21, 624
4 777
1 997
2 490
1 474
3 805
3] 175
1, 053

7.9
11 6
9 6
21, 510
4 662
l' 951
2 502
1 491
3 793
3 187
1 071

8.1
11 8
Q 7
21, 543

8.6
2.9
10 0

8.9
2.9
9 8

8.8
3.0
9.8

8.8
3.0
9 8

8.8
30
9 7

8.7
31
9 8

'8.7

8.7
3 A

f 51, 599

52, 084

13, 295
2 113
1 553
3 951
1 728
3 040
1 866
891
667
14, 172
4 436
378
1 102
936
2 023
2*819
472

510
183
270
434

- 9 627

o CQ7

T *> A4*3

7,034
2,829
1 766
1 284

r

4

7, 078
' 2, 872
r i 787
T

I ' OQO

15 490
4 589
417
1 314
1 027
2 144
3 072
' 536

•I

7QQ

-1

OOft

88

8.3
11 g
9 0
r 21, 640

21, 768

g 312

3 372

r

U

7

fi7fi

1 905
2' 523
1 492
3 <-!\ K
3 232
1 040

T

QQ9

50, 246

49, 777

49, 425

49, 296

49, 337

49, 297

49, 179

49, 489

49, 921

50, 454

51, 052

28 528
4,169
2,844
9 446
3 472
6 595
2,504
1,776
1 234

28 311
4 122
2 814
9 323
3 456
6 584
2 513
1 773
1 228

28 066
4,110
2,777
9 221
3 419
6 536
2 553
1,742
1 220

28, 048
4,043
2,842
9 074
3 386
6,751
2,792
1,732
1 212

97 932
4 005
2 928
9 026
3 345
6 594
2 651
1 721
1 221

97 877
4 058
2 896
8 954
3 366
6 576
2 623
1 730
1 223

27 815
4 111
2,897
8 904
3 342
6 543
2 548
1 740
1 200

28 106
4 180
2,962
9 008
3 360
6 587
2 490
1,724
1 207

28 408
4 267
3 008
9 086
3 406
6 673
2 574
1 712
1 207

28 925
4 341
3 120
9 215
3 458
6 854
2 680
1 719
1 216

30, 181
29 361 * 29, 734
4,216
4,368 '4,312
'r 3, 278 3,358
3, 175
9,739
9 346 r 9 482
3,630
3, 557
3 508
7,347
7 031 r 7, 167
3,130
2,826 *•r 2, 955
1,766
1,731 r 1, 759
1,267
1, 254
1 235

76
11 4
9.5
21 718
4,761
1 859
2,572
1 435
3 747
3 348
986

7 5
11 3
9 5
21 466
4,706
1 836
2 550
1 413
3 722
3 314
980

7 4
11 3
9.3
21 359
4,638
1 838
2 524
1 418
3 734
3 274
1,024

7.5
11.3
9.2
21, 248
4, 598
1,838
2,499
1,405
3 747
3,271
1,024

7 7
11 3
9 0
21 405
4 694
1 857
2 490
1 423
3 760
3 276
1 022

7 6
11 3
9 0
21 420
4 676
1 861
2 456
1 419
3 767
3 324
1 018

7 5
11 3
9 0
21 364
4,670
1 920
2 444
1 443
3 739
3 264
994

7 7
11 4
9 0
21 383
4,700
1 881
2 449
1 458
3 727
3 281
998

7 8
11 4
9 2
21 513
4 752
1 893
2 457
1 452
3 727
3 307
1,022

81
11 5
93
21 529
4 797
1 876
2 463
1 455
3 702
3 320
1 030

21 691
4,870
1 868
2,482
1 463
3 696
3,367
1, 015

8.8
2.9
10.0

8.8
2.9
9.8

8.7
3.0
9.7

8.6
2.9
9.7

8 7
2.9
9.8

8 6
30
9.9

86
3.0
9.8

86
3.0
9.8

86
3.0
9.9

86
3.0
9.9

10.0

£Data beginning January 1953 appear on p. 20 of the September 1957 SUKVEY.

83
11.7

9.3

87

3.0

8 5
11.8
9.4
r
21 865
r
4, 967
1 873
T
2, 487
r
1 482
r
3
730
r
3r 380
995
8 8
3.0
10.0

~

8.8
11.9
9.5
21,903
4,951
1,825
2,505
1 488
3 770
3, 389
992
90
3.0
9.9

- —
-_ - --

SUEVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-5
1959

1958
June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

•July

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS -Continued
New orders, net (unadjusted), total

mil. of dol__

Durable-goods industries, total §O - - do
Primary metal
do
Fabricated metal
-do
Machinery (including electrical) §
do
Electrical
do Transportation equipment (including motor vehicles)
mil. of dol
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled or ders^

do
- -- do
-do

New orders, net (seas, adjusted), total§. ---

- _do -

Durable-goods industries, total§O
do
Primary metal
_
do Fabricated metal -- - _do
Machinery (including electrical) §
do
Electrical
_ _ -- - - doTransportation equipment (including motor vehicles)
- mil. of dol
Nondurable-goods industries, total
_ __do _
Industries with unfilled orders 9
do
Industries without unfilled orders^ _ do
Unfilled orders, end of month (unadj.), total . _do-Durable-^oods industries, total 0
_do .
Primary metal
do
Fabricated metal
_ _ _ _
_ do
Machinery (including electrical)
__do-- Electrical
_ _ _ . _ - ..
doTransportation equipment (including motor vehicles)
- - -- mil. of dol
Nondurable-goods industries, total 9

do

T

26, 359

25, 239

26, 096

26, 855

28, 667

27, 368

28, 033

28, 215

28, 916

31, 868

30, 994

30, 281

31, 824

12, 727
1,872
1,436
3,958
1,762

11, 667
1,768
1,501
3,601
1,622

11, 807
2,006
1,599
3, 666
1, 475

12, 301
2, 136
1,673
4,020
1,762

13, 395
2,341
1,666
3,929
1,722

13, 452
2,265
1,393
3,656
1,676

13, 796
2,294
1,429
4,052
1,885

13, 897
2,835
1,462
3,868
1,518

14,759
3 450
1, 601
4,229
1,628

16, 452
3 033
1,688
5,193
2,133

15, 858 'r15, 131
2 671 r 2, 551
1,665
1, 668
4,679 rr 4, 590
1,791
1,716

16, 419
2,581
1, 756
5, 260
2,198

2,808

2,366

1,866

1,630

2,674

3,587

3,501

3,057

2,884

3,614

7

3,792

3, 333

3, 70 1

13, 632
2,998
10, 634

13, 572
2,806
10, 766

14,289
3,139
11, 150

14, 554
3,096
11,458

15,272
3, 420
11, 852

13, 916
3,213
10, 703

14, 237
3,026
11,211

14,318
3,112
11, 206

14, 157
3,313
10, 844

15,416
3,557
11,859

15, 136
3,442
11, 694

r

15, 150
r
3, 524
r
11, 626

15, 405
3,513
11 892

25, 785

26, 450

26, 096

27, 047

27, 903

27, 797

28, 365

28, 502

29, 702

30, 229

31, 206

r

31,143

12, 245
1,952
1,496
3,592
1,511

12, 512
2,044
1,501
3,770
1,650

12.177
2,063
1,523
3,851
1,578

12, 859
2,334
1,578
4 242
1,849

13, 530
2,414
1,602
3,975
1, 703

13, 574
2,262
1,601
4,019
1,872

13, 673
2,210
1,458
4 047
1,890

13, 900
2,727
1,523
3,937
1,564

14, 918
3,236
1, 685
4,198
1, 682

15,323
2,681
1,608
4,839
2,094

15, 796 'T15, 241 15, 849
2, 826 r 2 479
2,575
1,632
1,791
1,619
4 632 rr 4 626
4,812
1,822
1,888
I 744

2,678

2,691

2,245

1,946

2,835

3,007

2,958

3,038

3,038

3,437

30, 541

r

3, 655

3 498

3, 701

13, 540
2,828
10,712

13, 938
2, 954
10, 984

13, 919
2,990
10, 929

14, 188
3 127
11,061

14, 373
3,196
11,177

14, 223
3, 150
11, 073

14, 692
3 289
11, 403

14, 602
3,143
11, 459

14, 784
3,381
11.403

14, 906
3,453
11, 453

15,410
3 662
11, 748

r

15 300
T
3 524
r
11 776

15, 294
3 314
11, 980

46, 353

46, 747

46, 700

46, 232

46, 079

46, 718

46, 797

47, 683

49, 097

50, 376

50, 485

r

49, 896

43, 686
3,558
3,034
16, 084
9,425

44, 036
3,694
3,102
16, 230
9,629

43, 963
3, 800
3, 109
16, 281
9. 530

43, 577
3 867
3, 086
16,308
9, 534

43, 388
3, 908
3, 068
16, 125
9, 391

43, 929
4, 174
3, 046
16, 045
9,339

44, 008
4 351
3 060
16, 012
9 381

44, 839
4, 991
3, 105
16, 083
9, 319

46,097
6, 121
3,316
16, 187
9,279

47, 244
6 362
3, 382
16, 785
9,621

47, 292
6 086
3, 312
16, 854
9 667

r

46, 461
46 696
T 5 626
4 951
T
3
262
3,204
T
17,391
16 929
' 9 652 10 006

16,954

16, 884

16, 647

16, 184

16, 270

16, 649

16, 504

16, 286

15,955

16, 078

16 233

r ]g 001

16 017

2, 667

2,711

2, 737

2, 655

2, 691

2,789

2,789

2,844

3, 000

3, 132

3 193

r 3 397

3 435

11,991

12, 454

12, 234

12, 932

13, 633

12, 090

16, 458

18, 765

15, 745

18, 119

17, 554

16 660

16 157

1,039

50 093

BUSINESS INCORPORATIONS^
New incorporations (48 States)

number

16 562

INDUSTRIAL AND COMMERCIAL FAILUREScf

1,260

1,253

1, 127

1,271

1,121

1, 082

1,273

1,161

1,263

1 292

1 136

1 244

do
do__ _
do_ __
do
-- -do

99
161
235
640
125

99
181
255
613
105

106
158
206
549
108

87
163
187
506
96

99
176
215
657
124

97
176
190
550
108

88
176
185
515
118

96
188
215
642
132

104
164
207
582
104

117
185
210
625
126

121
166
202
671
132

104
172
199
567
93

111
167
203
633
130

thous. of dol__

61, 445

65, 375

50, 765

48, 103

47, 268

56, 718

57, 069

73, 564

58, 592

65, 051

71, 907

50 917

49, 197

do
_ __ do_ __
do
do
do

7,719
7, 390
18, 959
21, 692
5, 685

4,164
13, 966
22, 673
18, 784
5,788

3,126
8,687
15. 742
14,347
8,863

2, 046
7,841
18, 167
14,112
5, 937

5,306
6,771
12, 141
16, 103
6,947

5,881
9,483
19, 496
16, 549
5,309

3 590
10, 058
18.411
14, 397
10. 613

6 559
8,274
17, 062
33 197
8,472

4,547
6,911
17. 444
22, 327
7,363

5 304
11,589
22, 558
20, 348
5,252

9 994
8,623
16, 501
22 839
13, 950

3 336
12' 262
10 835
19 638
4 846

5 069
8 519
12, 143
18 234
5, 232

Failure annual rate (seas, adj.) * _ _No. per 10,000 concerns.

57.3

58.2

54.0

53.4

57.4

55, 9

51.3

51, 1

50.9

50.4

52.0

48.3

53. 8

Failures, total

_ _ _ _ _

Commercial service
Construction
_
Manufacturing and mining..
Retail trade
Wholesale trade

_

Liabilities (current), total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade

_ number

-

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS J
Prices received, all farm products
Crops
Commercial vegetables
Cotton
__
Feed grains and hay
Food grains

_ _

Fruit
Oil-bearing crops
Potatoes (incl. dry edible beans)
Tobacco
Livestock and products
Dairy products
_ __ _
Meat animals
Poultry and eggs __
Wool

250

250

248

255

249

247

244

245

243

244

244

245

242

240

do
do
do
do
do

223
208
246
164
199

222
192
260
163
192

221
176
281
160
192

228
182
292
157
196

221
205
281
149
201

218
234
273
143
201

213
220
256
151
199

215
267
238
152
199

218
268
238
154
203

220
264
254
155
205

223
261
264
161
205

230
254
269
163
205

229
213
266
163
199

226
215
287
161
200

do
do
do
do

270
234
168
474

274
228
163
474

265
230
136
478

320
217
124
485

267
212
111
499

241
210
121
498

217
214
126
504

211
218
129
499

225
221
123
505

218
223
117
505

210
225
135
508

223
230
217
508

223
228
297
509

206
222
232
503

do
do
do
do
do

272
227
348
169
215

274
238
348
167
211

272
248
337
165
211

278
263
340
171
204

274
270
333
162
203

273
272
329
161
202

270
270
328
155
199

270
264
328
161
200

265
258
322
159
197

264
249
327
154
197

261
240
336
135
220

258
232
338
126
240

252
229
329
124
241

252
239
314
139
248

274
287
265

274
287
265

274
287
264

274
286
265

274
287
265

274
288
263

274
287
265

276
288
268

275
288
267

276
287
267

276
287
269

276
288
268

276
288
267

275
289
266

294

293

293

294

294

294

295

?98

297

298

299

299

298

298

85

85

85

87

85

84

83

82

82

82

89

89

81

81

1910-14= 100. _

_. __ __

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
Parity ratio®
T

do

Revised.
§Correetions of March 1955 new orders figures in 1957 BUSINESS STATISTICS appear in corresponding note in October 1957 SURVEY and later issues.
©Includes data not
shown separately.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
IFor these industries
(food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
cTData are from Dun & Bradstreet, Inc.
*New series' based on number
of concerns listed in Dun & Bradstreet Reference Book. Data back to 1934 are available upon request.
J Revised beginning September 1952 to incorporate information from the 1955 Farm
Expenditure Survey. The changes include: (1) Revision of weights, (2) linkage of the new indexes to the former series as of September 1952, and (3) expansion and improvement of commodity
coverage. Unpublished revisions (prior to April 1958) will be shown later.
© Ratio of prices received to prices paid (including interest, taxes, and wage rates).




SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959

1958

June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100.-

220.6

221.0

220.5

220.7

220 3

220 7

220 0

220 0

219 6

(1)

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

123.7

123.9

123.7

123.7

123.7

123 9

123 7

123 8

123.7

123.7

123.9

124.0

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

106.7
121.6
111.7
134.3
118.3

106.7
121.7
112 4
131.9
119.2

106.6
120.7
113 0
124.9
117.7

107.1
120. 3
114 1
120 7
115.8

107
119
114
121
114

3
7
5
0
6

107
110
114
121
113

107 5
118 7
114 3
120 1
113 0

106 7
119 0
114
1
191 7
113 S

106
118
114
121
112

7
2
0
2
6

107.0
117 7
113 8
120 7
111 3

107
117
112
123
111

107.
117
112
125
111

do .
- do
- do_
do
do
- - do

127.8
116.9
104.1
137.7
144.2
128.6

127.7
117.0
104.0
137.8
145. 0
128.9

127.9
117 5
103.3
138. 1
145 3
128. 9

127.9
118 0
103 6
138.2
146 5
128 7

127
118
103
138
147
128

9
1
4
3
1
8

198 0
103 5
138 4
147 4
129 1

128
118
103
138
147
129

2
2
6
7
6
0

128 2
118 2
103 2
138 8
148 0
129 4

128 5
118 5
103 8
139 0
149 0
129 8

128 7
118 5
103 8
139 1
149 2
129 7

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

116.7
138.9
128.0
187.7
127.2

116.6
140.3
129.3
189.5
127.2

116 7
141.0
130.1
189 5
127. 1

116
141
130
189
127

116
142
131
190
127

6
7
8
4
2

117
144
133
191
127

116
144
133
1Q1
127

9
3
3
8
3

117
144
133
191
127

0
1
1
8
3

117 1
144 3
133 3
191 8
127 4

117
144
134
192
127

119.2

119 2

119 1

119 1

119 5

119 5

119 6

Apparel
Food 9
Dairy products
Fruits and vegetables
Meats, poultry, and fish _.
Housing9
Gas and electricity
Tlousefurnishings
Rent
IVTedical care
Personal care

-_
---

- --

Reading and recreation
Transportation
Private
--- - --Public
Other goods and services
_

WHOLESALE PRICEScf t
(U. S. Department of Labor indexes]
All commodities
1947-49=100-By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc
do
Finished goods©
do

100.7
124.7
120 7

100 0
125. 0
120 8

95. 6
102.0
81.3
98.8
113.5
118 5
110.9
110.3
114. 1
125.3
110.7
123.5
94.5
61.9
110.3
128.2
110.7
120.3
100. 1
97.4
115.3
123.0
104. 9
122.5
91.2
70.0
100.3
121 8
57.0
91.8
116.4
116.8
149.5
138.3

95 0
106 3
79.8
96 7
112.7
117 5
111.4
111.3
112. 1
125. 6
110.4
123. 1
94.4
62.5
108. 0
128.2
111.9
121. 1
100. 1
97.9
117.1
123.2
104.8
122.6
92.2
71. 1
100.3
121.8
58. 1
91.5
116.8
116.7
149.5
138.4
165.6
152. 6
139.0
148.8
121.2
167 0
124.9
135. 3
155. 6
128.4
133. 1
131.0
141 8
144 7
152. 1
93.3
99 3
87.4
116.2
80. 1
100.5
128.0
120 1
134. 8
97 2
119.1

99 1
125.3
120 6

6
3
4
8
1

98 4
125.4
120 9

119 0
GQ

f)

125.4
i on f

7
4
5
1
5

im i

0
5
6
1
3

119 2
98 4
125. 7
120 6

119 2
97 0
126. 3
120 5

98 1
126.3
120 8

98 0
126. 5
120 7

3
9
0
0
3

98 9
126.7
120 6

2

124 5

3
7
6
6
6

107 3
118 9
112 3
134 5
111 6

128 7
118 2
103 8
139 3
149 6
130 0

128.8
118 7
103 7
139.3
150 2
130 7

128 9
119 3
104 1
139 o
150 6
131 1

117
145
134
192
128

7
3
4
6
2

117 8
145 4
134 5
192 7
128 4

118 1
145 7
134 8
19° 7
129 2

120 0

119 9

r Hq 7

0
6
9
6
5

99 6
127.2
120 8

98 5
127.4
120 6

r

98 1
127. 1

r 12Q 5

119 5
96 5
127.2
120 7

r
QQ g
93 2
91 1
93 1
Q9 '3
92 1
91 5
92 4
90 8
90 6
88 4
89 8
qg 1
97 2
97 9
105 9
102 5
i ni ^
114 2
93 6
107 0
99 2
100 9
98 5
77.3
76 1
77 0
76 1
75 3
79 7
78 6
78 2
76 1
78
2
76 8
r
94 0
91 5
88 4
91 9
90 1
90 3
91 1
90 6
87 6
89 5
84 8
o
111 3
111 1
107 6
108 7
107 2
109 5
107 7
107 2
108 8
108 1
107 5
m
116 9
117 7
117 8
118 0
117 5
119 0
118 9
119 5
1174
119 2
119 5
e
112 2
113 7
113 0
113 4
112 0
111 7
113 0
113 5
113 0
111
9
113 9
m
r
111.8
110.6
111.4
111.2
110.4
112.9
110.8
110. 6
113.0
111. 1
110.6
112.1
108 2
107 1
100 9
102 5
103 3
99 6
101 4
100 8
101 4
101 9
99 3
126. 1
127.8
126.2
128.4
126.8
128.1
128.3
127.5
127.2
r 128. 2
128.4
126.4
r IIQ Q
110 0
109 9
109 9
i in 9
110 2
110 2
109 8
110 0
110 0
110 0
109 9
122 8
123 7
122 7
123 6
124 0
123 6
123 9
123 8
123 7
123 8
123 9
94 4
93 o
94 4
92 g
93 0
92 9
93 2
93 1
93 4
93 2
93 5
r
62. 5
61 7
58 9
fi9 fi
59 9
64 7
60 4
60 4
60 3
61 5
58 4
55 5
104 4
104 3
107 5
105 2
107 6
107 5
107 5
107 5
105 3
107 6
107
4
128.2
128 4
128 2
128 2
128 2
128 4
128 3
128 3
128 2
128 3
198 3
113 7
114 1
114 8
112 6
113 9
115 0
114 0
113 4
112 9
111 2
1109
r H9 g
121 9
126 2
122 7
125 3
123 8
124 6
119 3
118 9
191 1
1°3 7
100 8
100 8
100 8
100 8
100 7
100 9
100 8
100 9
1 00 8
100 7
100 8
102 0
112 0
104 1
112 7
106 0
113 1
108 6
109 9
106 8
107 8
101 4
119. 2
119 5
119 7
116 9
118 2
119 9
119 4
118 3
1 14 8
117 2
1150
123 0
123 3
123 0
123 3
122 7
123 5
123 4
123 5
122 8
123 6
123 7
104.7
104 0
104 8
103 8
105 0
105 0
105 1
105 0
103 8
104 9
104 5
124 3
122 6
124 1
122 8
124 1
123 7
124 1
123 4
123 7
124 0
193 9
r
8Q 7
91.3
91 3
89 1
90 2
8Q 1
89 7
89 7
89 6
89 9
89 Q
71 2
71 2
70 2
69 3
70 2
70 2
69 3
70 2
70 2
70 2
70 2
100.5
100 2
105
4
102 3
108 5
117 8
104 1
118 5
103 6
118 9
119 0
121 8
123 3
121 9
122 9
123 2
128 2
123 1
123 6
129 5
130 2
130 3
122. 8
73 o
60 4
59 0
65 1
68 7
108 5
87 7
98 6
66 6
106 7
107 8
62. 0
91.5
91
3
101
0
94
7
99
3
124
5
120
4
99
2
103
6
120
1
118 7
122 5
118 6
190 4
126 3
r 128 9
120 0
119 8
120 5
124 2
128 2
128 3
120. 8
r 130 4
119.0
121 0
123 1
121 0
126 8
120 2
125 5
129 H
128 9
120 1
r 153 o
149 5
149 4
152 0
1 4Q Q
151 2
152 2
152 1
152 5
151 8
1519 5
153 7
r
143
5
r
143
5
137 7
138 9
143 0
142 9
141 8
143 1
143 0
14 9
143 96
165. 5
165.6
166 0
171 4
170 9
171 9
172 0
168 0
171 9
172
1
172
170 3
166 8
r
152.6
152. 8
152.5
152.7
152. 6
1,52. 4
154.1
153. 1
153.0
1 56. 3
152. 4
154. 2
152.7
139.0
139 0
139 0
143 2
14° 8
143 1
143 2
143 2
143 2
143 1
143 2
143 °
148.8
150.8
151.3
153. 4
153. 0
152.9
152.8
153.6
153.0
152. 9
' 153. 3
153. 0
152.2
121 0
121 2
121 5
121 4
122 0
121 8
121 9
121 7
121 7
121 8
121 7
121 7
166 7
171 3
171 8
172 5
172 0
172 0
171 9
170 8
170 4
171 7
171 3
171 8
133 2
r 13g 1
124.8
126 1
127 3
133 7
134 1
136 1
136 2
134 7
133 2
134 1
r
135. 2
135.2
136.7
136.7
137.2
137. 5
137.7
138.4
138.3
137.6
136.7
137. 4
136.9
155. 6
155 6
158 2
159 6
158
4
159 9
160 0
158 2
159 3
160 1 r IgQ 4
158 8
160
6
9
128.3
12S 1
127 9
129 0
129 4
181
128 6
129 3
129 7
128 i
129 7
199 9
128 4
133. 1
133 1
133 1
133 1
133 1
133 1
133 1
133 1
133 1
133 1
133 1
133 1
133 1
130.5
131 0
131 7
1319 9
131 7
132 0
132 2
131 3
131 5
132 0
131 9
132 3
132 5
i 40 o
141 8
1 49 1
1 4*} ^
1 4*} 7
141 8
141 8
142 1
14 1
142 1
142 1
143 3
H
144 2
144 4
1 4fi 1
145 2
1469 6
146 1
146 3
146 0
146 7
147 5
148 8
147 3
147 3
152. 1
152 8
152 8
15
8
151
9
151
9
151
9
151
9
151
9
1 52 8
152 8
150 0
150 0
Q3 3
93.3
93.3
93 3
93 1
93 3
93 7
94 1
93 9
94 5
94 9
95 2
93 2
qo 3
99 1
99 3
QQ *}
QQ 8
99 3
99 2
99 3
99 3
99 3
99 3
99 6
99 6
87.6
87 7
87 9
88 0
88 7
89 6
90 2
90 3
88 6
90 8
91 6
91 9
87 8
109.9
116 3
115 8
106 0
104 7
112 1
109 3
113 6
105 1
114 2
113 4
114 0
107 1
80.4
80 0
79 7
79 3
79 3
79 8
80 6
82 1
79 4
80 1
79 7
81 0
SI 5
97 9
97 7
99 5
101.3
100 4
r 1Q2 2
99 6
97 4
97 8
102 9
97 5
100 9
98 4
128.0
128.0
128.0
128.8
128.7
128. 6
128.9
132.1
132.2
132.2
128. 6
132.2
134.5
120 1
120 1
121 7
120 1
121 7
121 7
121 7
121 7
191 7
121 7
121 7
121 7
126 8
134.8
134 8
134 8
134 8
134 8
134 8
134 8
134 8
134 8
134 8
134 8
134 8
134 8
QC O
Q9 f)
93 7
95 6
Q9 Q
01 A
91 2
93 2
100 9
100 8
98 5
97 0
98 8
119.1
119.3
118.6
118.6
118 fi
118 fi
117 8
117 Q
117 9.
117 n
llfi Q
1170
117 *
r
Revised.
i Discontinued by the compiling agency.
2 index based on 1935-39=100 is 208.2.
9 Includes data not shown separately. tfFor actual wholesale prices of individual commodities, see respective commodities.
{Revised beginning January 1958 to incorporate
revised weighting structure reflecting 1954 values. Figures are directly comparable wfth data for December 1967, with the exception of the electricity and gas components.
@ Goods to users, including raw foods and fuels.

Farm products 9
do
Fruits and vegetables, fresh and dried
do
Grains
- - do
Livestock and live poultry
do
Foods processed 9
- - - do
Cereal and bakery products
do
Dairy products and ice cream
_ _ _ do
Fruits and vegetables, canned and frozen
do
M^eats poultry and
fish
- - do
Commodities other than farm prod, and foods. _do
Chemicals and allied products 9 do
Chemicals industrial
do
Drugs and Pharmaceuticals
_ do
Fats and oils, inedible
do _.
Fertiliser materials
do
Prepared paint
do
Fuel power and lighting materials 9
do
Coal
do
Flectric power
January 1958=100
Gas fuels
do
Petroleum and products
-1947-49=100.
Furniture, other household durables 9
do
Appliances, household
_
_ _
do
Furniture household
do
Radio receivers and phonographs..
. do _
Television receivers
do
Hides, skins, and leather products 9
do.
Footwear
do
Hides and skins
do
Leather
_
__do
Lumber and wood products
do
Lumber
- - - --do__
Machiriery and motive products 9
do_.
Agricultural machinery and equip
do
Construction machinery and equip ._ _ d o _ _ _
Electrical machinery and equipment
do__.M^otor vehicles
do
Metals and metal products 9
do
Heating equipment
do
Iron and steel
do
Nonferrous metals
do
Nonmetallic minerals, structural 9
do
Clay products
_
do
Concrete products
do ..
Gypsum products
do
Pulp, paper, and allied products
do
Paper
do
Rubber and products
do
Tires and tubes
.
__ _
do
Textile products and apparel 9
do
Apparel
do
Cotton products _.
do
Silk products.. ._ _
..
do_ _
Manmade fiber textile products
do
Wool products _ ._
_
..
- do. _
Tobacco mfs. and bottled beverages 9
do
Beverages, alcoholic
_ . do
Cigarettes
__ .
__do __
Miscellaneous
do
Toys, sporting goods
do




O

f)

SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-7
1959

1958

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

83.7
80.8

83.6
80.8

April

May

June

July

COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
A5* measured by —
Wholesale prices
Consumer prices

- -1947-49= 100- do

83.9
80.8

83.9
80.7

84.0
80.8

84.0
80.8

84.0
80.8

83.9
80.7

83.7
80.8

83.9
80.8

83.3
80.7

83.4
80.6

'83.5
80.3

]

1

83.7

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY*
4,343

4,526

4,666

4,745

4,760

4,532

4,139

' 3, 722 ' 3, 471 r 3, 854

' 4, 274 ' 4, 655 ' 5, 018

5, 150

2,934

3,054

3,126

3,157

3,176

3,142

2,941

' 2, 620 ' 2, 498 ' 2, 735 ' 3, 000 ' 3, 249 ' 3, 487

3,588

1,558
1,123
382

1,648
1,207
388

1,710
1,276
382

1, 746
1,327
366

1,788
1,362
370

1,788
1,375
354

1,679
1,329
291

1,471
1,170
243

1,374
1,080
238

1, 562
1, 230
276

732
187
318
156
469

748
178
329
165
473

738
171
319
170
491

736
167
318
157
500

743
167
322
131
497

754
170
331
112
471

716
168
310
98
432

655
165
273
109
'371

636
160
268
112
'364

625
154
270
124
'411

627
150
276
137
'439

687
154
320
158
'460

762
161
364
175
'478

1,409

1,472

1,540

1,588

1,584

1,390

1,198

1,102

973

1,119

1,274

1,406

' 1, 531

411
126
536
336

423
125
572
352

430
129
611
370

427
155
627
379

429
164
620
371

386
166
494
344

367
118
388
325

359
107
320
316

326
91
260
296

367
100
320
332

385
112
415
362

386
125
505
390

do

3,956

4,030

4,042

4,105

4, 198

4,356

4,451

r

do __.

2,729

2,771

2,789

2,821

2,872

2,948

3,030

' 3, 113

' 3, 127

' 3, 181

Residential (nonfarm)
do__
Nonresidential buildings, except farm and public
utility total 9
mil, o^dol
Industrial^
do___
Commercial^!
do
Farm construction
do_
Public utility
_
do __.

1,423

1,470

1,500

1,535

1,590

1,653

1 ,733

1,793

1,812

1,867

718
<" 189
303
130
443

718
••180
307
130
436

703
' 171
300
131
440

697
'167
297
131
442

694
'165
295
131
440

702
'167
298
132
443

699
' 166
300
131
449

691
160
304
147
••464

694
160
308
144
••461

685
156
305
146
••467

688
153
311
144
'4G1

716
157
334
143
'447

742
163
344
146
450

764
170
351
146
439

1,227

1,259

1,253

1,284

1, 326

1,408

1,421

1,444

1,399

1,488

1,411

1,358

' 1, 333

1,337

383
111
420

394
112
432

389
109
438

387
124
442

397
134
457

395
160
510

400
135
524

396
127
552

397
125
500

395
133
582

388
135
512

383
125
472

'379
'132
449

379
134
455

3,820

3,607

3,467

3, 216

3,309

2,594

2,282

2,319

2,307

3,340

3,778

3,542

3,659

1,720
2,100

1,550
2,058

1.233
2,234

1,049
2, 167

1,071
2,238

927
1,667

887
1,395

800
1,519

800
1,507

869
2,471

1,207
2,571

1,094
2,447

1,167
2,492

976
1,364
876
603

1, 076
1, 557
723
250

1,079
1, 451
705
232

892
1,460
541
323

955
1,595
532
228

775
1,206
518
95

748
981
481
72

818
1,022
372
108

704
1,073
403
126

913
1,541
478
408

1,187
1,831
638
122

1,072
1,677
632
161

1,055
1.762
'604
238

1,900

2,482

1,622

1,348

1,621

1,112

1,352

1,641

1,314

1,644

1,905

1,967

1,877

12, 129
2,741
6,450
2,938

18, 366
6,631
7,999
3,737

11,173
1,256
6, 520
3, 398

10, 354
512
6,609
3,233

7, 905
143
5, 189
2,572

8,589
604
5,697
2,288

10, 261
794
6, 775
2, 692

8,964
2,076
4,775
2,114

6,756
996
4,531
1,229

7,255
981
4,333
1,941

9.171
848
5,115
3,207

9,338
809
5,015
3,515

10, 222
1,088
5,792
3,342

113.0

112.8

124.0

121. 0

115.0

109.4

91.2

87.0

94.5

121.0

' 142. 2

' 137. 0

136.0

126.0

101.3
70.6
11.7

108.6
78.1
4.2

114.6
78.3
9.4

110.9
76.9
10.1

112.9
78.3
2.1

107.0
72.3
2.4

89. 5
62.8
1.7

84.1
59.7
2.9

93.5
60.8
1.0

118.1
80.2
2.9

' 137. 4 ' 133. 5
'93.3
'91.8
'4.8
'3.5

131.2
89.3
4.8

124. 5
85.3
1.5

1, 057. 0

1, 174. 0

1, 228. 0

1, 255. 0

1, 303. 0

1, 427. 0

1, 432. 0

1,364.0

1, 403. 0

1, 403. 0 >• 1, 434. 0 ' 1, 370. 0 1, 370. 0

1, 350. 0

95.8

98.5

95.7

101.0

100.8

83.1

69.3

71.3

72.3

109.6

' 122. 9

112.9

288.5
2
71.3
23.0
14.2

96.4
74.7
3.3
18.5

91.6
72.9
3.4
15.3

93.6
75.3
3.4
14.8

98.7
79.0
37
16.0

81.0
60.6
3.3
17.1

67.7
50.2
2.9
14.6

68.5
49.0
3.2
16.3

71.4
52.5
3.4
15.4

108.4
81.4
5.5
21.5

' 119.1
'88.4
5.3
'25.3

109.5
83.0
4.8
21.7

do _
4.1
27.3
2.1
7.4
2.1
° Revisions for Jan nary-Masf 1958 (mi 1. dol.):2C 6; 251; 23,>; 220; 204

2.1

1.6

2.8

.9

1.2

'3.8

3.4

New construction (unadjusted), total _ _ _mil. of dol_Private, total 9

- -

do

Residential (nonfarm) 9
do
New dwelling units
do
Additions and alterations
do
Nonresidentlal buildings, except farm and public
utility total 9
..mil. of dol__
Tndustrial
do
Commercial
do_ _
Farm construction
do
Public utility
- -__do_ Public total

- do.

Nonrcsidential buildings
Military facilities
Highway
Other types

- -

__do _
do
do__
do

New construction (seasonally adju^tcd^, total
Private, total 9

Public total 9

do _

Nonresidential buildings
Military facilities^
Highway

_ __ do
do
. do_ _ _

4, 557

'r 1, 784 ' 1, 929 ' 2, 055
1, 355 ' 1, 430 ' 1, 520
372
'438
'470

' 4, 526 ' 4, 669 ' 4, 654
r

3, 243

'405
' 150
575
'401

2, 105
1, 565
472
801
167
379
185
478
1, 562
406
150
600
406

' 4, 614 ' 4, 582

4,583

' 3, 256 ' 3, 249

3, 246

' 1, 936 ' 1, 937 ' 1, 897

1,881

CONTRACT AWARDS
Construction contracts in 48 States(F.W. Dodge Corp.) :f
Valuation, total
mil. o f d o l _ _
Public ownership
Private ownership
By type of building:
Nonresidential
Residential
Public works
Utilities

__

do _
_.do _ do
do
do_
do

-

Engineering construction:
Contract awards (ENR)§

mil. of dol

Highway concrete pavement contract awards:^
Total
thous. of sq. yd_Airports
do
Roads
do_ _
Streets and alleys
__
_ - -do_

2,482

NEW DWELLING UNITS
^Tew permanent nonfarm dwelling units started:
Unadjusted:
Total, privately and publicly owned.. .thousands. _
Privately owned, total
In metropolitan areas
Publicly owned

_

__do
do_ _
do

Seasonally adjusted at annual rate:
Privately owned, total J - _ _ _ _ _ - _ _ _ d o
lesidential construction authorized, all permit-issuing
places:
New dwelling units, total
_ _ -thousands.Privatelv
Units in
Units in
Units in

financed, total
1 family structures
2 family structures
multifamily structures

Publicly financed, total
r

Revised.

_ _

*> Preliminary.

_ do_ _
do. _
do
do

2

ig units authorized (thous.)
ata not shown separately.
}Data prior to December 1956 are available upon request.
j Revised series, reflecting nationVidTcovera^aiid^new'tVchnTques for compiling data on reslential buildings.
§Data for July and October 1958 and January, April, and July 1959 are for 5 weeks; other months. 4 weeks.
o" Data for July, September and December 1958 and 4
359 are for 5 weeks; other months, 4 weeks.
*




SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959

1958
June

July

1959

August SeptemOctober Novem- December
ber
ber

January

February

March

April

May

June

July

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
••138
Department of Commerce composite
1947-49=100.American Appraisal Co., The:
680
Average, 30 cities
1913=100
737
Atlanta
_ .. _
_.
do
730
New York
do
635
San Francisco
.
__ -do
670
St Louis
do
498
Associated General Contractors (a^l types)
__do
E. H. Boeckh and Associates: §
Average, 20 cities:
Apartments, hotels, and office buildings:
294.7
Brick and concrete
U.S. avg. 1926-29= 100_.
285.8
Brick and steel
do
283.4
Brick and wood
_ _ do
Commercial and factory buildings:
305.9
Brick and concrete
do _
304. 5
Brick and steel
do
284. 2
Brick and wood
-do.
279.5
Frame
.
do
290.7
Steel
- do
Residences:
284.1
Brick
do__
274.4
Frame
do
Engineering News-Record :cf
155.1
Building
1947-49=100.168.3
Construction
- do
Bu. of Public Roads — Highway construction:
141.6
Composite, standard mile
1946=100..
CONSTRUCTION MATERIALS
Output index, composite, unadj. T
1947-49= 100. _ ' 136. 8
' 127. 7
Seasonally adjusted
_ -_
do
153.3
Iron and steel products, unadj
do
M18.2
Lumber and wood products, unadj. 1
do
179.9
Portland cement, unadj
do. _.
REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount
thous. of dol.- 342, 568
97, 505
Vet. Adm.: Face amount _ .
do
Federal Home Loan Banks, outstanding advances to
929
member institutions
_ _ _ _ mil. ofdoL.
New mortgage loans of all savings and loan associa1,107
tions, estimated total
mil. of dol_.
By purpose of loan:
379
Home construction
.
do_461
Home purchase
_
_ _
do
268
All other purposes
do_
New nonfarm mortgages recorded ($20,000 and under),
2,275
estimated total
mil. of dot.
3, 663
Nonfarm foreclosures
number-Fire losses
thous. of dol__ 90, 048

r

••138

139

139

••140

139

139

139

140

140

140

141

142

681
737
736
635
670
502

683
738
737
637
671
503

690
756
741
639
671
504

691
756
741
640
671
504

691
756
741
641
671
504

692
756
741
641
671
504

693
756
753
641
672
505

693
765
753
641
672
506

694
768
753
641
672
507

696
768
753
644
672
509

703
771
754
658
688
511

705
771
755
658
688
516

707
771
769
658
689
522

296.1
286.9
284.3

296.7
287.7
285.5

296.9
288.0
285.6

298.3
289.6
286 7

298.8
290.1
287 0

299.6
290.7
287.4

301.1
291.9
288 5

301.2
292.1
289 3

301.4
292.2
289 5

302.8
293.5
290 9

304.7
295.2
292 3

307.6
297. 5
294 3

308. 4
298.2
295 0

307.6
305. 8
285.1
280.3
291.5

308.3
306. 6
286.0
281.8
292.1

308.5
307.2
286.2
281.8
293.2

309.7
308 1
287.1
282.7
293 8

310 1
308 7
287 4
282.9
294 4

311.2
309 5
287.8
283.2
295 0

312
310
288
284
295

8
7
9
5
9

312 9
310 9
289 5
285.7
296 0

313 0
311 0
289*7
286 0
296 1

314 7
313 0
290 8
287.7
298 6

316
314
292
289
299

319
317
294
291
301

399
318
294
9
91
302

285.0
275. 2

286.3
276 4

286.3
276 5

287.3
277 5

287 5
277 7

288.0
278 0

289 2
279 1

290 0
280 2

290 2
280 4

291 6
282 0

293 1
283 3

295 0
285 0

295 6
285 6

155.5
168.7

158.2
170.7

158.7
171. 1

158.2
170.9

158.2
170 8

158.6
171 8

158 9
171 9

159.8
172 5

160 6
173 2

161 0
174 5

162 2
175 5

163 2
178 1

163 9
179 1

139.2

141.6

' 137. 6 ' 137. 9 r 145.0
'119.4
' 132. 2 ' 125. 2 r 131.9
r 128. 5 r 124 9
122.0
134.2
129.3
131.4
112 1
r
T
r
T
117.5
130. 7
131.3 ' 142. 8 117 9
178.5
196.5
189 0
189 5
167 7
r 127. 6

367, 940
126, 727

371, 405
155, 860

479, 877
189,350

500, 786
239, 396

457, 422
216 058

M13. 4
••131.4
108.2
r
117.0
141 1

7
7
3
1
9

140.8
r
«• 116. 1 r114. 3
' 124. 2 129. 5
109 8 r 110.0
r
119.0
121. 5
100 0
111 3

510, 264
257, 108

585, 280
276, 178

506, 322
238, 320

137 1

'r 137. 6 •• 148. 7
146 0
142. 7
160 8
140 0
r
T
131 4
142 6
145 5
174 0

529, 826
260, 493

7
3
1
1
7

162 1
141 5
200 0

144 2
200 1

490, 161
230 597

477, 597
211 489

520, 515
221 169

901

939

1,010

1,083

1, 123

1,298

1,146

1,101

1,087

1 183

1 246

1 537

1,180

1,180

1, 215

1,290

1,053

1,136

1,013

1,012

1,257

1,359

1 434

1 555

374
511
296

373
538
269

401
537
277

428
570
291

345
469
239

376
488
272

317
442
254

326
429
257

439
515
303

480
562
317

592
601
311

554
674
327

2,543
3,774
80, 782

2, 535
3,518
75, 491

2,596
3,820
73, 303

2, 857
3,881
73, 393

2,432
3,339
71, 539

2,629
3,522
100, 523

2,352
3,801
112 983

2 245
3,307
98 120

2 586
3,933
99 oio

2 776

2 768

2 974

90 689

81 597

77' 867

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted :\
210
208
202
200
Combined index
1947-49=100.217
211
218
208
Business papers
-.
. . . . .-do. .157
158
149
143
Magazines
_
_
_ _ _ _ _ _ do
189
191
182
180
Newspapers
do. _ _
165
163
145
158
Outdoor
_-do _
28
28
29
26
Radio (network) _
- . do _
417
406
400
409
Television (network)
1950-52 = 100.Tele vision advertising:
Network: 9
43, 769
41,119
41, 509
42, 417
Gross time costs, total
- - thous. of dol
2 979
4,068
3,136
3,870
Automotive, including accessories
do _
11,772
12. 560
12, 274
11, 363
Drugs and toiletries _ _
do
9,
051
9,093
8,
877
9,133
Foods, soft drinks, confectionery
do- 4,398
4,706
4,556
4,815
Soaps, cleansers, etc
_ _
.-do 4,550
4,718
4,933
4,808
Smoking materials
_ _ _
do.. 9,323
7,581
7.949
8,303
All other
do
Spot:*
113, 184
Gross time costs, quarterly total
do .- 130, 353
1,915
1,438
Automotive, including accessories
_-do._ 22, 378
Drugs and toiletries
. _ - . . _ _-do_ .. 26, 329
32, 282
39, 905
Foods, soft drinks, confectionery
_ do..
14, 575
16, 015
Soaps, cleansers, etc
_ _ _ do
8,918
8,330
Smoking materials
_ .-do. 32, 741
All other _.
_ do_ ._ 38, 711
40, 625
39, 145
61, 224
Magazine advertising cost, total
... do_ .. 58, 303
4,165
2,859
770
7,450
Apparel and accessories
... .-do. .5,201
3,741
3,047
2,742
Automotive, incl. accessories
_ --do
1,625
1, 417
3,171
Buildin^ materials
do
3 478
7,231
5,820
4,893
Drugs and toiletries
do
5,826
7,939
5,777
5,360
Foods, soft drinks, confectionery
do
6,879
3,444
2.143
2,507
3,166
Beer, wine, liquors.. - _ _ _ _ _ _ _ _ d o _ ..
4,761
2,378
2,065
Household equip., supplies, furnishings
do
4,446
2,686
4,011
2,292
Industrial materials
_
_ _ _ do
3,916
521
674
478
972
Soaps, cleansers, etc _ _ _
do _ _ 1,610
2,026
1,791
2,561
Smoking materials
- _.do_ -.
16, 985
12, 973
11,711
19, 789
All other
do
r
Revised.
§Copyrighted data; see last paragraph of headnote, p. S-l.
May 1958 will be shown later.
{Revised beginning January 1956;
courtesy of Television Bureau of Advertising, Inc. (data compiled by
Using, Inc.; data compiled by N. C. Rorabaugh Co., Inc.); data back to 4th quarter 1955 will be




215
217
162
202
169
28
430

208
221
156
179
156
27
433

211
218
161
181
145
28
447

215
232
162
188
135
28
444

219
225
165
195
154
24
461

219
232
157
199
127
28
474

230
232
164
222
157
36
466

226
243
165
206
165
30
457

52, 526
5,178
14, 537
10, 783
5, 084
5,948
10, 995

52, 009
3,999
13, 962
11,032
4,816
6, 771
11, 430

53, 939
3,642
15, 40S
11,874
5, 554
6,031
11,430

52, 076
3,884
15,370
12, 064
5,453
6,764
8,541

48 885
3,632
13 863
10, 848
5,421
6, 112
9,010

55 559
4 009
15 468
11, 643
6 123
7 025
11 290

52 156
4 154
13 887
10' 015
6 019
6 059
12 022

52 086
3' 987
14 325
10 164
5 459
6 138
12 013

74, 915
4,410
9,727
2 534
7,373
9, 617
4,506
6,608
3.675
1,016
2,709
22. 738

149, 105
1,936
30, 696
52, 191
18, 261
5,800
40, 221
54, 261
3,479
4,831
695
4,922
7,141
6,399
3,647
2,708
499
2,366
17. 574

56, 400
2,935
4,644
2 783
5,827
9,071
2 965
3,681
2 894
880
2,290
18. 429

156 419
1 816
33 039
54 125
21 268
8 109
38 062
70, 080
4 888
7,428
3 317
6,723
9,145
4 326
5,306
3 816
1,322
2,426
21.384

73 862
5 244
7 973
4 635
6,038
8,042
3 931
7,674
4 409
l'392
2 082
22. 441

73 922
5 042
8 437
3' 724
6,501
8,316
4 195
7,797
4 690
1 046
2 366
21 . 809

71, 529
5, 273
6, 355
2 684
7,026
9,080
4,071
7,099
3,980
1, 652
2, 536
21.771

shown later.

41, 070
1, 767
4, 950
1 005
3,740
5, 578
1 713
2,271
2 455
394
1,777
15.421

66 405
2 689
7 645
3 423
7,351
9,128
4 224
5,963
4 423
1 002
2 546
18 021

5
0
7
8
2

SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-9

1958

June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

June

May

July

DOMESTIC TRADE—Continued
ADVERTISING— Continued
Magazine advertising linage, total

thous. of lines__

Newspaper advertising linage (52 cities), total
do_ _
Classified
do _
Displav, total
do
Automotive
do
Financial
„ __ _ do
General
_ _ _ _ _ _ _ _
_ _
_ _ __do
Retail
do _ _

3,615

3,172

4,032

4,990

4,942

4,678

3,637

4,069

4,510

5,320

5,278

4,747

4,067

226, 239

197, 970
51,455
146, 516
10, 349
4,405
25, 806
105, 955

211,567
55, 555
156, 022
10 028
2, 611
23, 859
119, 526

224, 642
53 406
171,236
8 938
3,522
29, 608
129 167

259, 226
55 071
204, 155
•17 092
4,131
39, 486
143, 447

252, 862
53 268
199 594
13 565
3 672
33, 309
149 047

230, 978
45 796
185 182
8 458
4 264
24, 451
148 008

193, 525
51 738
141, 787
8 853
5 721
22, 058
105 155

196, 096
50 742
145, 353
9 172
3 598
27, 607
104 976

236, 459
59 326
177, 134
12 150
4,801
30, 720
129, 463

255, 002
63 152
191 850
15 710
4 783
35, 590
135 767

263, 826
68 279
195, 547
16 603
4,091
35, 738
139,115

236, 972
63 289
173 682
15 514
5,212
31, 373
121, 584

54, 976
171,263
12, 564
3,816
33, 022
121, 860

PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual ratesrf
Goods a n d services, total _ _ _ _ _ _ bil. ofdoL-

290.9

294.4

299 1

303.9

311.2

Durable goods, total 9
- --- ---do
Automobiles and parts
- __ ___do
Furniture and household equipment
__do

36.7
13.6
17.0

37.1
13 2
17.6

39.8
15 7
17 8

41.3
17 2
17.7

44. 1
18 8
18.8

141.5
25.7
77.0
10.4

143 1
28 7
76. 6
10 7

143
26
77
10

6
6
0
7

145 3
26 7
77. 8
11 0

147 7
27 8
79.0
11 1

do
do
do
_.do

112.7
16.8
37.7
9.0

114 2
17 0
38 4
9.1

115 7
17 2
39 0
9. 2

117 4
17 3
39 6
9.3

119 4
17 6
40 3
9.3

mil. of dol_-

16, 603

16, 596

17, 000

16,326

17, 360

17, 039

21, 174

16, 225

14,961

17, 190

17, 589

5, 590
3,047
2,842
205

5,444
2 907
2,692
215

5, 360
2 789
2, 583
206

5,080
2 447
2,259
188

5,379
2 613
2^407
205

5, 343
2 756
2,561
195

6,390
3 214
2, 965
249

5,121
3 017
2, 856
161

4,927
2 899
2,748
151

5,831
3 464
3,283
181

6, 208
3 566
3,349
217

6,435
3 696
3,471
225

847
539
308

840
528
312

872
567
305

850
546
304

932
609
323

937
613
325

1 176
723
453

784
486
298

746
475
271

808
521
287

839
555
284

899
585
314

r 978

992
754
238

1 002
775
227

1 005
782
223

1 038
'812
225

1 083
841
242

929
704
225

919
631
288

697
523
174

684
517
167

844
651
193

1 041
'796
245

1 093
'830
263

1 138

11,013
963
197
358
226
182

11 153
867
166
334
206
162

11 639
954
160
373
236
185

11 246
1 042
167
418
256
200

11 981
1 135
198
457
287
194

11 695
1 119
210
451
273
185

14 784
1 854
391
744
459
260

11 104
868
172
359
183
154

10 034
750
138
322
160
130

11 359
1 101
171
455
257
218

11 381
996
179
418
217
182

r 12 165

r 11 882

do
- do
do
do
_ _ _ _ _do

520
1,283
4,104
3,621
1,331

524
1 372
4, 251
3 767
1,410

539
1 406
4 360
3 877
1 448

538
1 276
4 068
3 594
1 346

556
1 280
4 344
3 875
1 384

541
1 204
4 188
3 720
1 338

738
1 243
4 475
3 947
1 369

581
1 158
4 382
3 914
1 282

534
1 070
3 869
3 445
1 197

580
1 157
4 108
3 658
l'318

559
1 215
4 157
3 714
1 348

591
1 336
4 437
3 966
1 427

«• 582
1 372
4 271
3 797
1 450

General-merchandise group 9
- -do
Department stores, excl. mail-order o"
do
Mail-order (catalog sales)
do
Variety stores
-do
Liquor stores
do

1 651
961
108
266
337

1 576
893
106
270
362

1 768
1,013
120
298
381

1 781
1,049
129
289
360

1 932
1, 146
147
305
384

2 018
1^201
161
308
390

3 358
1,952
234
649
596

1 444
842
108
223
354

1 359
768
114
232
324

1 733
986
134
300
356

1 774
1,045
132
262
345

r 1 892

1 879
1,107
126

Estimated sales (seasonally adjusted), totaL.do

16, 581

16, 721

16, 859

16, 562

16, 941

16, 961

17, 605

17, 455

17, 575

17, 914

17, 953

5,149
2,736
2,551
185

5 221
2,803
2,615
187

5 214
2 703
2, 510
193

5 095
2 600
2,412
189

5 374
2,819
2,625
194

5 521
2 906
2, 702
204

5 827
3 256
3, 060
196

5 836
3' 258
3,047
211

5 869
3 249
3,045
204

6 045
3 340
3,128
212

6 137
3 396
3,175
221

6 100
3 375

do
do
_ __do_ _

843
546
297

851
541
310

891
575
316

858
559
299

871
565
306

883
568
315

868
548
321

880
549
331

889
562
327

902
570
332

918
600
318

940
599
341

936
603
333

Lumber, building, hardware group
__do
Lumber, building-materials dealers
do
Hardware stores__
_ _ —do _

902
677
226

895
681
214

919
692
226

926
711
215

940
718
222

942
722
220

919
706
213

904
676
228

979
745
234

1 Oil
782
229

1 047
799
248

1 034

991
756
935

11,432
1,012
194
392
250
176

11, 500
1 060
206
414
257
183

11 645
1 094
202
433
261
197

11 468
1 042
191
432
242
177

11 567
1 068
' 193
434
257
185

11 441
1 033
181
429
235
188

11 778
1 101
199
446
261
196

11 619
1 032
'l88
422
232
190

11 706
1 082
197
450
241
194

11 869
1 106
201
447
261
197

11 816
1 059
203
428
240
188

_do
do
do
do
do

532
1,228
4,272
3,781
1,274

536
1,247
4,216
3,734
1,306

551
1,255
4, 152
3,688
1, 340

563
1,221
4, 169
3, 686
1, 338

568
1,244
4,187
3, 726
1, 358

565
1,232
4, 215
3,754
1,342

580
1,243
4, 242
3,772
1, 356

579
1,262
4,243
3, 767
1,367

569
1,243
4,274
3, 806
1, 368

592
1,240
4,320
3,848
1. 376

579
1,283
4,292
3, 836
1, 381

do
do
do
do
do

1,787
1,040
119
295
381

1,879
1,089
136
313
376

1,918
1,134
129
312
372

1,817
1,055
129
309
380

1, 805
1,042
134
310
384

1,777
1, 051
127
292
366

1,887
1. 099
139
314
384

Nondurable goods, total 9
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
_- -

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

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

Durable-goods stores9
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

_ _ do
do__ _
. do

Lumber, building, hardware group
_ _ do
Lumber, building-materials dealers
do
Hardware stores
_
do
Nondurable-goods stores 9
- do
\pparel group
do
Men's and boys' wear stores
_ - __ do
Women's apparel, accessory stores
do
Family and other apparel stores__
__do
Shoe stores
__do _
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations

_

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 drinking places
Food group
Grocery stores
Gasoline service stations
General-merchandise group 9 Department stores, excl. mail-order cT
Mail-order (catalog sales)
Variety stores, _ _ __
Liquor stores
_

—do
_ do
do
do
__do _
do

1, 826
1,077
136
297
376
»• Revised.
i Advance estimate.
fRevised series. Revisions for 1946-1955 appear on p. 24 of the September 1958 SURVEY and
9 Includes data not shown separately.
cf Data beginning January 1958 are on a revised basis, reflecting ^classification of certain




' 18, 600 ' 18, 708 1 18, 238
' 6, 826
3^ 641

239

876
262
r

213
461
246
208

l 077

137

299
381

11 843
i 9415

i
i
1
i

i 592
\ 4QQ
4 4f)9
3 991
\ 473

i j ^88

J970

301
373

r 18,223 * 18, 189
r 5 lf,2

i 18,248
i ft i4Q

3 476
3, 268

3^154
221

208

787
247

228
454
273
199

1

226
410
243
198

'1,096

12 123
1 154

i 919

619
359

1 128

r

i 6. 395
i 3 577

r 3 880

r

12 02"
1 100

i 12 108

217
435
260
188

rQO

1,304
' 4, 342
' 3, 875
1,386

1,312
4, 300
3, 833
1,388

1. 855
1,883
1, 935 r 2, 000
1, 961
1,072
1,078
1,111 r 1. 146
1,151
144
143
149
15?
136
qon
319
320
307
387
400
388
387
410
for 1956-March 1958 on p 18 of the July 1959 SURVEY
stores to department stores; comparable data prior to

SURVEY OF CUERENT BUSINESS

S-10
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959

1958
June

July

August

1959

Septem- October Novem- December
ber
ber

January

February

March

April

May

June

July

DOMESTIC TRADE— Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted total
mil of dol
Durable-goods stores
_
do _
Nondurable-goods stores
do

23, 820
10, 950
12, 870

23, 500
10, 720
12, 780

23, 510
10, 430
13, 080

23, 680
10, 110
13, 570

24, 160
10, 120
14, 040

24, 840
10, 620
14, 220

23, 210
10, 640
12, 570

23, 400
10, 920
12, 480

24, 030
11,210
12, 820

r 24, 680
11, 590
«• 13, 090

25, 270
11,930
13, 340

25, 010
f 11,940
r 13, 070

24, 640
11,860
12, 780

24, 070
10, 800
4,370
1,920
2,180

23, 990
10, 730
4,210
1,920
2,220

23, 860
10, 660
4,030
1,960
2,220

23, 680
10, 480
3,790
1,980
2,260

23, 470
10, 260
3,650
1,980
2,240

23, 600
10,460
3, 860
1,980
2,240

23, 980
10, 810
4.150
1, 950
2, 300

24, 190
11,010
4,420
1,960
2,240

24, 120
10, 970
4,400
1,960
2,210

24, 150
11, 120
4,580
1,940
2,220

24, 460
11,290
4,760
1,920
2,230

24, 510
«• 11, 450
4,920
1,940
2,240

24, 720
11,620
5, 040
1,950
2,250

__do
do
do
do

13, 270
2,700
2, 950
4,050

13, 260
2,750
2,930
4,030

13, 200
2, 670
2.930
4,000

13, 200
2,700
2,880
4,030

13,210
2,680
2,890
4,080

13, 140
2, 670
2, 860
4,090

13, 170
2, 680
2,880
4,140

13, 180
2,740
2,890
4, 130

13, 150
2,730
2,880
4,070

13, 030
2,660
2,890
4,030

13, 170
2,720
2,920
4,060

r

do

4,073

4,045

4,278

4,128

4,533

4,483

6,023

3,970

3,608

4. 181

4,181

4,495

4,398

do _

3,473

3,465

3,697

3, 566

3,907

3,865

5,178

3, 420

3,113

3.626

3,643

r 3, 932

3,832

223
18
91
72

188
15
81
61

210
14
95
67

239
15
101
78

251
20
107

258
22
111
70

434
40
192
114

179
16
74
55

160
12
69
50

278
18
114
92

224
16
97
70

259
20
113
82

256
20
106
82

do
__ _ do_ __
do

87
74
38

89
77
38

92
80
39

90
74
41

93
76
47

92
73
47

149
75
47

93
69
33

87
67
35

98
75
39

92
76
41

99
80
39

99
83
39

do
_ do
__do_ __
do
do
do _

1,028
630
205
1, 462
71
80

983
587
205
1,531
73
81

1,106
651
229
1. 608
75
79

1,112
669
220
1,461
75
69

1,216
731
234
1,648
78
76

1, 260
751
239
1, 567
69

2,093
1, 166
509
1,659

101

870
524
168
1,676
48
62

826
477
176
1,470
48
59

1.063
'614
233
1,542
59
69

1,088
673
201
1,565
70
82

r 1, 165
'705
231
1,697
76
89

1,174
720
235
1,572
82
89

- do

3,645

3,728

3,771

3,685

3,695

3,698

3,789

3,727

3,772

3.805

3,815

' 3, 935

3, 895

Apparel group 9
- - -- do
Ivten's and boys' wear stores
do
Women's apparel accessory stores
_ __ do
Shoe stores
do

225
18
92
68

239
22
97
70

250
21
104
74

237
19
103
70

235
18
101
72

240
17
104
74

258
20
111
78

240
19
105
74

250
19
109
76

251
18
106
81

232
17
102
70

256
20
109
78

253
20
108
75

do _ _
do_ _.
do

90
73
40

91
73
41

97
75
39

94
71
43

94
73
40

97
74
42

100
72
39

98
75
40

97
77
42

101
77
41

96
78
42

101
79
40

101
80
40

General-merchandise group 9
- -- do_ _Department stores, excl. mail-order©
do
Variety stores
do _
Grocery stores
- do_
Lumber, building-materials dealers
do _
Tire, battery, accessory stores
do

1,117
681
227
1.551
64
72

1,174
705
238
1, 564
64
73

1,201
729
242
1,557
66
75

1,134
673
236
1, 555
64
73

1,134
664
240
1,570
67
74

1,102
658
223
1,573
71
76

1, 135
651
243
1,597
65
72

1,125
669
228
1,575
62
80

1, 145
666
242
1,599
64
79

1,154
671
248
1,607
70
81

1,198
716
236
1,602
70
83

«• 1, 249
'737
260
r
1,629
71
83

1, 233
748
253
1, 610
71
77

149
340

138
336

142
333

156
337

162
340

173
350

235
391

196
392

165
381

158
373

156
367

158
366

155
368

47
15

48
14

47
15

48
16

50
15

48
15

49
15

47
15

46
15

48
16

47
15

47
15

49
16

44
42
14

44
42
14

44
14

42
44
14

42
44
14

43
43
14

44
43
13

44
41
15

43
43
14

43
43
14

43
43
14

43
43
14

44
41
15

126

112

129

137

141

166

251

106

107

125

130

141

rl54

115
117
115
147
136

144
93
103
107
144
130

165
107
121
124
160
152

160
127
129
129
156
149

173
127
129
129
165
149

197
149
154
154
190
173

305
240
228
244
277
260

135
94
94
96
133
112

138
90
96
103
126
112

167
103
114
117
151
133

165
114
123
123
157
140

175
124
134
132
172
154

"162
P 118
M30
P127
"160
"142

' 120
120
121
135
124
135

103
97
103
123
114
124

130
105
115
139
136
144

135
129
135
151
143
140

142
135
143
158
144
142

150
160
179
186
161
173

227
235
251
286
250
262

93
104
101
113
105
119

99
100
102
114
109
119

119
112
124
138
128
132

122
116
128
139
129
138

«• 127
126
138
156
149
146

p 135
p 125
M32
P147
^130
p 151

133

140

147

135

135

137

143

138

140

138

141

144

'M44

' 177
115
119
122
' 161
141

174
129
131
132
162
147

183
137
136
140
172
158

167
119
124
129
162
147

165
125
122
126
159
144

170
122
125
125
166
149

176
132
134
139
160
150

173
119
124
123
168
150

168
120
129
133
162
154

167
116
129
128
166
155

175
120
130
132
169
149

182
124
135
136
173
157

P186
"118
^133
P135
P 176
"148

Seasonally adjusted total
Durable-goods stores 9
Automotive group
_ _
Furniture and appliance croup
Lumber, building, hardware group

do
do _
-do
do
do

Nondurable-goods stores 9
Apparel group
Food group
_ _
General-merchandise group
Firms with 4 or more stores:
Estimated sales (unadjusted), total .
Firms with 11 or more stores:
Estimated sales (unadjusted) 9 §

-

Apparel group 9
Men's and boys' wear stores
Women's apparel accessory stores
Shoe stores
__

- do
do
_ _ do
do

Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
General-merchandise group 9
Department stores, excl mail-order©
Variety stores
Grocery stores
Lumber, building-materials dealers
Tire battery accessory stores
Estimated sales (seas ad j ) , total 9 §

_

Drug and proprietary stores
Eating and drinking places
_
Furniture, homefurnishings stores

Department stores:
Accounts receivable, end of month :tf
Charge accounts
1947-49=100
Installment accounts
- - do__ _
Ratio of collections to accounts receivable:
Charge accounts
percent _
Installment accounts
do Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
_ do__
Installment sales
do
Sales unadjusted total U S f
Atlanta-Boston
Chicago- __
Cleveland
Dallas
Kansas City
Minneapolis
New York _ _
Philadelphia
Richmond _ _ _
St. Louis
San Francisco

1947-49=100
_ -

_

Sales, seasonally adjusted, total U. S.f
Atlanta _ _ _ _ _ _
_ _
Boston
__ _ __
Chicago. _ _
Cleveland., _ _ __
Dallas _
Kansas City
_
_

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

13, 060
13, 100
2.690
2,720
' 2, 930 2, 920
r
4,080
4,040

T

P 136

•»»

v 147

123
129
126
137
Minneapolis
do__ _
136
123
130
133
127
141
127
r 131
P 139
124
137
133
125
New York
do._
128
125
133
127
129
123
126
130
P 128
141
129
143
129
142
Philadelphia.do
140
135
134
134
129
142
139
P140
146
153
145
163
151
Richmonddo. _ _
149
156
159
160
146
156
158
P 158
133
139
151
144
131
St. Louis
__ __ _ _ _ _ _ _
_ do. _
148
141
133
138
144
138
148
P 140
' 144
140
148
140
141
San Francisco
do
149
148
155
150
155
153
154
P 160
r Revised.
p Preliminary.
9 Includes data not shown separately.
§Revised begiiining Jan nary 1956 to includ e minor d ata not c ^vered in earlier fig ures. Re visions for January
1956- January 1957 appear in corresponding note in the April 1958 SURVEY.
©Revised beg nning Jainuary 1956 to reflec t change in previoiis classifi nation of certain st(>res to de 3artment
stores in accordance with 1954 Census of Business; unpublished revisions (January-May 19 56) are a\ ailable uiDon reqm3St.
cfJRevisions for 1956 appear in correspo nding no ;e in the
Mrn-pb 1QK8 RTTPVWV

t Revised series. Indexes have been revised beginning January 1949 to reflect adjustment to Census of Business benchmarks for 1954 and the up-dating of the seasonal and Easter corrections
Revisions for both unadjusted and seasonally adjusted sales indexes for January 1949-December 1956 (and scattered revisions beginning 1919) appear on pp. 19 and 20 of the July 1958 SURVEY!




SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 195fi and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-ll

1958

June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

June

May

July

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued
Stocks, total U. S., end of monthrf
Unadjusted
Seasonally adjusted

1947-49=100.do

Mail-order and store sales:
Montgomery Ward & Co
Sears Roebuck & Co

140
147

139
148

144
148

thous. of dol
--do - _

i 83, 199
322, 188

i 81, 387
315, 358

bil of dol
do
do_ -

10 9
4.0
6.9

11 1
4.0
7.2

11 3
4 1
7.2

11 9
4.4
7.5

12 8
4 7
8.1

11 5
42
7 3

12 0
4 2
78

11 1
38
7 3

10 7
38
6 8

11 9
4 5
7. 5

12 2
4.7
7.6

12 3
4 8
7.5

12 8
51
7.7

-

11.8
6.2
5.6

11.7
6.1
5.5

11.7
6.1
5.6

11.7
6.1
5.6

11.9
6.1
5.8

12.0
6.1
5 9

11.6
6.0
5 7

11.8
6.2
56

11.9
6.4
56

12.0
6.5
5.6

12.0
6.5
5.5

12.2
6.6
56

12.4
6.7
57

157
150

170
152

1 92, 465 i 93, 210 ]110 006
343, 279 337, 148 363, 667

173
153
1

136
150

136
352

108, 401 U64 588
367, 657 500 789

i ,59 300
271 009

1

81 148
242 482

158
151

153
148

143
150

v 147
p 155

153
151

1

78 586 UOO 295 1114 "138
293 743 339, 592 364, 901

1

92 004
368 526

2

81 043
343 857

WHOLESALE TRADE*
Sales estimated
(unadj ) total
Durable- a oods establishments
Nondurable-goods establishments

-

Inventories, estimated (unadj.), total
Durable-goods establishments
Nondurable-goods establishments

.

---do
do
do

EMPLOYMENT AND POPULATION
POPULATION
Population, United States:
Total incl \rmed Forces overseas!

173, 822

174, 064

174, 326

174, 595

174 871

175 136

175 370

175 602

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

121, 900

121, 993

122,092

122, 219

122, 361

122 486

122 609

122 724

Total labor force, including Armed Forces©.. -do

73, 049

73, 104

72, 703

71,375

71, 743

71,112

70, 701

70,418
64 981
6,900
58 081
5, 437

70, 473
65, 1 79
6,718
58 461
5, 294

70, 067
65 367
6, 621
58 746
4 699

68
64
6
58
4

740
6^9
191
438
111

69, 111
65 306
6 404
58 902
3 805

68
64
5
58
3

485
653
695
958
833

68 081
63 973
4 871
59' 102
4 108

7.5
7. 3

6.7
7.6

60
7.2

5 5
7. 1

56
5 9

6 0
6 1

7 0
6 0

48, 851

48, 889

49, 389

50, 844

50, 618

51, 374

51, 909

50,413
15,206
8, 564
6,642

50, 178
15,161
8, 496
6, 665

50, 576
15, 462
8 571
6,891

51, 237
15, 755
8 814
6,941

51,136
15, 536
8 663
6,873

51,432
15, 795
8 982
6 813

thousands

3

175 994

3

176 213

3

176 446

3

176 665

3

176 890 3 177 128

EMPLOYMENT

Civilian labor force, total
Employed©
Agricultural employment
Nona°ricultural employment
Unemployed©
Percent of civilian labor force:
Unadjusted*
Seasonally adjusted* . -.

-.

do
do
- do
do
.- -do

4

Not in labor force©

thousands--

Employees in nonagricultural establishments:^
Total, unadjusted (U. S. Dept. of Labor)
Manufacturing
Durable-goods industries
- Nondurable-goods industries -

do
do
do
clo- -

7.7
6. 8

4

123 180

123 296

123 429

71, 210

71, 955

73, 862

73, 875

68 639
65 012
5 848
5Q 163
3 627

69
66
6
59
3

405
016
408
608
389

71 324
67 342
7 231
60 111
3 982

71
67
6
60
3

5 3
5.3

4 9
4 9

5 6
4 9

5 9
51

52, 177

51, 849

51, 225

49, 435

49, 547

50, 315
15 771
9 060
6 711

50, 878
15 969
9 217
6 752

51, 430
16, 034
9 314
6,720

122 832

122 945

123 059

70, 027

70, 062

70, 768

67
62
4
^8
4

67
62
4
58
4

68
63
5
58
4

189
828
203
625
362

7 0
6 1

6 4
58

52, 697

52, 770

51,935
15 749
8 989
6 760

50, 310
15 674
8 990
6 684

430
706
693
013
724

471
722
692
030
749

r 51, 982

r 16 187

T q 443
r 6 744

r 52, 580 p 52, 354
r ig 449 P 16 407
T 9 575 p 9 518
r Q 874 P 6 889

Minin01 total
_ . _ _ _ d o _Metal
do
Anthracite
- do
Bituminous coal _
- - -do
Crude-petroleum and natural-gas production
thousands _ Nonmetallic mining and quarrying
do
Contract construction
do

717
93
19
190

705
90
19
180

708
89
18
185

711
91
19
187

708
91
19
189

712
94
20
191

713
93
20
192

704
94
20
192

693
94
18
188

688
94
16
180

694
96
15
176

701
97
15
176

r 712

303
112
2,806

303
112
2,882

305
112
2 955

302
113
2,927

297
112
2,887

297
111
2 784

301
107
2 486

296
103
2 343

292
101
2 256

294
104
2 417

297
110
2 662

301
f 112
r 2 834

308
r
113
r 2 980

Transportation and public utilities 9
Interstate railroads
_ _
Local railways and bus lines
Trucking and warehousing
Telephone
Telegraph
_.
_
Gas and electric utilities

do
do_ _
do
do
__do
do._ _
do

3,904
957
96
790
733
39
582

3,907
958
95
791
730
38
589

3,897
958
95
787
726
38
589

3,886
960
95
781
719
38
583

3,897
961
94
811
714
38

3 885
951
94
823
713
37
575

3 881
952
94
830
709
37
574

3 836
929
93
803
706
37

3 835
931
93
810
705
37
571

3 865
936
93
823
704
37
569

3 879
943
92
828
704
37
572

r 3 914
r 957
92
841
704
37
573

Wholesale and retail trade
_ __
Wholesale trade __
Retail trade9 __ __
__ _
General-merchandise stores
Food and liquor stores
Automotive and accessories dealers

do
do_. _
__do
do_
- do
do

11,035
2,980
8,055
1,361
1, 594
756

10, 984
2,989
7,995
1,337
1,591
755

11,011
2,994
8,017
1,351
1 582
757

11,151
3,016
8, 135
1,421
1, 596
755

11.225
3, 039
8, 18G
1,474
1, 597
755

11 382
3,052
8,330
1 575
1 611
'763

11 976
3 065
8,911
1, 943
1 630
781

11 052
3,028
8,024
1,397
1 583
766

10 990
3 025
7 965
1 349
1 598
768

11 083
3 019
8 064
1 388
1 599
772

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

do
- do
do , _
do
do
do

2,391
6,488
538
318
173
7,866

2,410
6 465
607
318
167
7 664

2,413
6 452
608
314
163
7 678

2,392
6,472
527
312
167
7,943

2,380
6 463
479
311
170
8 040

2 374
6 426
474
309
168
8 074

2 373
6 384
468
307
167
8 373

2 363
6 314
461
307
166
8 094

2 371
6 333
467
304
165
8 066

2 386
6 377
'469
305
167
8 093

2 403
6 511
494
308
171
8 111

r 2 413

50, 315
15, 275
8, 556
6,719

50, 411
15 312
8, 596
6,716

50 570
15 330
8, 605
6 725

50, 780
15 529
8,801
6 728

50, 582
15 358
8, 625
6 733

50 877
15 693
8'937
6 756

50 844
15 701
8,' 956
6 745

51 086
15 764
9,007
6 757

51 394
15 819
9,049
6 770

51 456
16 006
9,192
6 814

51 887
16 182
9,319
6 863

T 52 125
r ig 372
r 9,' 462

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

_
_

- do
do
do
__
do

11, 136 r 11 234
3,026
3,024
T
8, 208
8,112
7
1 416
1,388
1 605 r 1 611
^788
782

r

Q 583
T
'504
312
176
8 116

r 6 giO

338
594
825
769
744

P 707

98
15

r 178

r

P 3 032

3 943
967
93
854
705
37
573

P 3 943

11 347
*•r 3, 055
8, 292
r
I 419

P 11 292
•p 3 063
P 8 229

r

r 1^617

'796

r 2 443
r 6 617

P 2 467
P g 601

532
316
176
r 8 089

P 7 905

r 52 408 P 52 572
T 16 522 P 16 577
* 9, 568 *>9,631
r 6 954

Mining
do
713
707
709
701
r 708
708
708
709
704
701
6Q3
688
708
P 711
2 719
2 550
2,698
2 693
Contract construction
do
T 9 7Q'-{
2 698
2 711
2 698
2 690
2 829
2 6^0
2 625
r 2 787
3,888
Transportation and public utilities _ _
do
3,877
3 858
3 867
3 887
T Q 927
3 875
3 859
°> 894
3 885
3 886 r 3' 917
3 880
Wholesale and retail trade
-_do
11, 105
11,175
11,151
11, 121
11, 154
11,119
11, 143
11,216
11.263
11,333 r 11, 363 r 11, 420 P 11, 432
11,279
2 395
2 398
2 3g5
2 387
Finance, insurance, and real estate
_. - do
2,367
2 403 r 2 413 r 2 419
2 392
2 377
2 392
2,363
2 386
r
Service and miscellaneous
do
6,392
6,399
6,440
6, 433
6,420
6, 443
6,426
6,448
6,441
6,462
6,479
6, 486
6, 519 p 6, 568
Government
_._.
do
7,877
8.005
r 8 100
v S 1 ^4
8 074 r S 070
7.986
7.980
8.049
8. 028
8 040
8 056
7.903 1 7.989
r
Revised.
p
Preliminary.
i
Net
sales.
Figure
shown
for
February
1959
covers
period
February-March
4;
later
figures
cover
4-week
periods
except
for
Mav
data
which
are for 5 weeks
2
3
July 1958 figure comparable with July 1959 is $72,500,000.
Includes estimate for Alaska.
4 The exaggerated June-to-July increase results from technical difficulties in achieving precise
seasonal adjustment factors for June; a more valid comparison may be made between July and May 1958 (7.2 percent).
tRevised series. Revisions for January 1919-December 1958 appear on p. 27 of the May 1959 SURVEY.
JSee corresponding note on p. S-3.
$ Includes data for industries not
shown
snown separately.
""" include an estimate
. . . for
. . Alaska;
- - earlier
-. revisions
--back to January 1955 are shown
issue of the SURVEY.
§Data beginning February 1959
in the September-1958
1
0 Estimates beginning January
1957 reflect
certain changes in definitions
for employment and unemployment.
See note in the> December
Dec
. . ...
. ,...
_ .
1957 SURVEY. *New series. Monthly rates, back
CT
to January 1947, are shown oni p. 44 of the TJuly 1959 SURVEY.
cf Data for employment, hours, and earnings have been adjusted to the 1st quarter 1957 benchmark. The revision affects all series back to April 1956, except as follows- Back to January
1956 for total nonagricultural, service and miscellaneous, and government employment; back to January
1953 for anthracite mining hours and earnings. Unpublished revisions (prior to June
n
1957; are available from the U. S. Department of Labor, Bureau of Labor Statistics, Washkr"~
hington ""
25, ^
D.C.




SURVEY OF CURRENT BUSINESS

S-12

August 1959

1958

Unless otherwise slated, statistics through 1956 and
descrintive notes are shown in the 1957 edition of
BUSINESS STATISTICS

June

July

1959

August SeptemOctober Novem- December
ber
ber

January

February

March

April

May

12, 299 ' 12, 520 p 12, 456
' 7, 139 ' 7, 246 p 7 178
' 73
' 73
p 73

June

July

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in manufacturing industries:!
Total (U.S. Dept. of Labor).
_. .-thousands.
Durahle-goods industries _ _ _ _
_ - do _ _
Ordnancc and accessories
do
Lumber and wood products (except furniture)
thousands .Sawmills and planing mills
do _
Furniture and fixtures
_ _ do _ .
Stone clav, 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 equip.)
thousands- _
Machinery (except electrical) _
_ do Electrical machinery
do
Transportation equipment 9
-- ... - do __
Motor vehicles and equipment cf
do
Aircraft and parts
do

11,415
6,350
68

11, 353
6,270
67

11, 645
6.339
67

11, 940
6,579
68

11.721
6,421
67

11,981
6,742
71

11, 930
6,740
73

11, 855
6,739
73

11,937
6,794
72

12, 117
6,937
73

12, 167
7,025
73

578
291
287
417
859

572
293
286
422
852

581
297
301
430
864

590
297
310
438
897

594
298
313
422
899

579
290
312
426
930

565
282
309
422
943

547
275
313
411
952

537
273
315
413
979

552
277
316
433
1,015

568
285
317
444
1,037

425

419

428

445

457

459

464

469

489

515

529

'537

544

41

41

41

41

4-1

42

43

43

43

43

42

43

44

773
1,014
716
1,084
444
476

765
990
712
1,063
433
471

788
977
734
1,034
402
474

791
1,005
746
992
358
481

827
1,020
788
1,199
554
484

824
1,038
789
1,208
567
483

820
1,057
791
1,216
581
475

817
1,090
796
1,203
568
473

829
1,113
798
1,226
591
469

840
1,126
803
1,229
594
464

124
33
199
355

119
33
196
346

118
31
199
366

118
31
205
380

118
26
207
386

122
31
209
379

119
32
210
360

121
33
209
350

120
35
213
360

123
35
216
368

126
38
216
372

5,065
1,039
243
73
177
168
120

5, 083
1,081
244
73
220
167
121

5,306
1,172
246
72
307
166
118

5,361
1,178
249
68
312
166
115

5, 300
1,115
251
64
237
166
115

5,239
1,050
251
62
178
164
115

5,190
1,001
250
62
148
162
109

5,116
950
243
61
129
159
103

5,143
943
239
61
129
159
103

5,180
945
239
62
134
158
105

5,142
958
235
65
148
159
107

' 5, 160
'974
242
68
147
160
112

' 5, 274
' 1, 022
244
72
175
161
116

p 5, 278
p 1, 072

70
840
367
189

70
830
365
184

86
855
370
195

96
860
371
196

94
863
371
197

85
867
372
195

83
862
372
190

79
856
371
186

76
860
370
189

72
866
371
193

70
869
370
196

69
874
'370
200

70
883
372
205

p68
P872

994
433
219

992
429
215

1,044
442
223

1,055
447
223

1,051
447
222

1, 053
446
223

1,056
443
221

1,051
440
221

1,078
440
220

1,085
441
219

1,055
443
221

' 1, 055
446
'223

' 1, 071
453
227

p 1, 044
p447

541
500
187
158
122
176
71
314
213

537
496
186
157
122
175
71
317
215

542
504
190
157
121
181
73
323
217

548
511
191
158
120
188
74
321
213

551
517
193
153
116
195
75
315
206

548
514
194
156
120
195
76
324
214

550
514
195
155
119
198
77
329
221

544
515
196
154
119
199
77
329
224

545
518
197
150
115
199
76
333
226

551
527
199
160
122
202
78
331
224

553
535
200
159
122
176
66
324
220

'555
'527
206
'160
122
'199
73
334
227

P554
P525

Production workers in manufacturing industries,
seasonally adjusted:!
Total
thousands
Durable-goods industries
_
_ _do__ Nondurable-goods industries
do

11, 484
6,344
5,140

11,512
6,372
5, 140

11,530
6.377
5,153

11, 725
6,568
5,157

11,551
6,385
5,166

11,876
6,693
5,183

11, 884
6,708
5,176

11,941
6, 754
5,187

11,979
6,783
5,196

12, 149
6,914
5, 235

12, 303
7,028
5,275

12, 481
' 7, 162
' 5, 319

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

92.3
92.8

91.8
93.1

94.1
93.2

96.5
94.8

94.8
93.4

96.9
96.0

96.5
96.1

95.8
96.5

96.5
96.8

98.0
98.2

98.4
99.5

99.4
100.9

2, 165. 0
209 8

2, 164. 7
208.9

2, 146 7
206 5

2, 145. 7
200. 9

2, 145. 5
207.2

Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries
Nondurable-goods industries
Food and kindred products 9
M^eat products
Dairy products
Canning and preserving
Bakery products
Beverages

--

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

Tobacco manufactures
do
Textile-mill products 9
do Broadwoven fabric mills
do
Knitting mi^ls
-- 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): J
United States
thousands 2, 157. 0
209.2
Washington D C metropolitan area
do
Railway employees (class I railways):
861
Total
thousands. _
Indexes:
64.8
Unadjusted
1947-49=100..
63.4
Seasonally adjusted
_
__ do

822 '
1,007
762
1,100
463
480

1

2,1 460. 4 22,142.8 22,140.6 22,142.6 2 2, 147. 6
207.6
215. 5
207.3
207.7
207.7

r

' 594
'294
318
'454
1, 052

'623
302
'320
' 466
' 1, 068

*>623
p 316
p 467
p 1, 039

'853
'866
P848
' 1, 153 ' 1, 166 p 1, 162
'814
' 831
p 835
' 1, 233 ' 1, 226 p 1, 221
'600
599
'459
452
' 126
40
219
'379

'553
'532
'202
'159
122
'172
' 52
325
221

2

124
42
'223
383

p220
P375

P 161
P201
P335

' 12, 592 p 12, 636
' 7, 239 p 7, 293
' 5, 353 p 5, 343

' 101. 2
' 101.8

p 100. 7
p 102. 2

2,145.0 22,171.2
212.7 " " ...
207.3

864

870

864

867

856

852

836

839

845

854

'869

p878

p871

65.0
63.6

65.4
64.3

65.0
64.9

65.2
66.6

64.4
65.9

63.8
65.2

62.8
62.3

63.0
63.1

63.4
63.9

64.0
64.9

'65.2
'64.3

P65.9
p64. 4

p 65. 6
P64.2

144.8

150. 0

155.7

152. 5

158.4

160.4

158.2

160.4

165.1

167.0

169.6

' 174. 3

v 171.4

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

144.9

LABOR CONDITIONS
Average weekly hours per worker (U.S. Dept. of
Labor):!
40.2
40.2
39.9
40.0
39.8
39.2
39.9
39.6
'40.7
P40.4
39.2
40.5
40.3
39.9
All manufacturing industries
hours..
2.4
2.4
2.3
2.6
2.6
'2.9
2.6
2.3
2.7
1.9
1.9
2.6
*2. 8
2.4
Average overtime
do
40.4
40.3
40.8
40.1
41.1
'41.4
40.8
40.3
39.4
39.8
39.6
40.9
P40.8
40.2
Durable-goods industries
do
2.4
2.4
2.3
2.6
2.7
'3.0
2.6
2.1
2.8
2.6
1.8
1.7
*2. 8
2.3
Average overtime
do
41.1
41.5
41.2
41.9
41.3
41.1
'41.5
'41.3
40.6
41.0
Ml. 2
40.7
40.7
41.2
Ordnance and accessories
do__
Lumber and wood products (except furniture)
39.5
39.6
40.7
'41.1
'41.2
41.1
40.2
40.3
40.7
40.5
40.7
39.3
41.3
Ml.O
hours..
39.6
40.2
39.3
40.9
41.0
'41.4
40.1
41.3
41.1
40.8
39.6
40.8
40.5
Sawmills and planing mills
do
40.4
40.4
41.2
40.3
41.0
40.2
40.8
' 40. 6 p40. 4
40.5
38.8
40.0
38.9
41.0
Furniture and fixtures
do
40.2
40.5
40.4
41.0
41.0
40.9
'41.8
41.6
40.8
41.1
40.3
41.3
40.0
Ml. 4
Stone, clay, and glass products
do__ .
40.4
40.0
40.9
38.9
41.4
'41.7
39.3
39.8
41.2
p39. 4
38.4
38.3
38.5
39.1
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
39.5
38.3
40.0
40.7
38.8
38.0
37.9
41.6
38.5
41.0
hours
37.8
41.0
38.7
Primary smelting and refining of nonferrous
41.2
41.2
41.4
40.9
'41.1
40.3
40.8
39.5
39.9
39.9
40.1
40.7
41.0
metals
.
__hours__
p
'Revised.
Preliminary.
includes1 Post Office employees hired for Christmas season; there were about 316,700 such employees in continental U.S. in December 1958. 2 Includes
cr Formerly
-formerly "Automobiles."
"Automoones. Data
uara not affected.
anectea.
luata have
nave been_revised
been revised
employees in Alaska.
!See note marked cf for p. S-ll.
9 Includes data for industries not shown.
cf
^Data
1959, figures include Federal civilian employees in Alaska; at the end of January
back to January 1939; monthly revisions beginning January 1955 will be shown later. Beginning January- ~~~~
1959, such employees totaled 13,200 persons.




SURVEY OF CURRENT BUSINESS

August 1959

S-13

1958

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

June

1959

DecemAugust SeptemOctober November
ber
ber

July

January

February

March

April

May

June

July

41.5
41.6
'•40.5

M2.0
Ml. 9
40.8

i>41. 5
?41.6
p 40.5

40.9
41 7
40.5
39.5

p 40.9

EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
- Average weekly hours per worker, etc. t— Continued
All manufacturing industries— Continued
Durable-goods industries— Continued
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
hours—
Machinery (except electrical)
do
Electrical machinery
do

40.0
39.6
39.6

40.0
39.4
39.3

40.4
39.4
39.7

41.0
40.0
40.4

40.8
39.5
39.9

40.8
39.9
40.6

41.2
40.6
40.6

40.5
40.7
40.4

40.4
40.9
40 2

40.8
41.3
40.3

41.1
41.4
40.2

Transportation equipment 9
Motor vehicles and equipment cT
Aircraft and parts
Ship and boat building and repairs
Railroad equipment

do
do
do
do__
do

39.8
39.1
40.7
39.5
37.2

39.6
38.8
40.4
39.7
37.0

40.0
39.3
40.8
39.6
37.1

39.6
38.6
40.8
39.2
36.7

40.0
39 7
40.5
39 8
35.7

40.6
41 0
40.7
38.8
38.3

41.7
43 0
40.9
39 2
39.1

40.7
41 0
40.9
39.4
37.9

40 3
40 2
40 8
38 6
38.6

40.7
41 0
40.7
39.3
39.4

41.0
41.7
40.8
39.6
39.6

r38.4

Ml. 1
41 6
40.9
39.2
40.8

Instruments and related products
Miscellaneous mfg. industries

do
do

39.8
39.5

39.7
39.2

39.8
39.5

40.3
40.1

40 4
40.3

40 7
40.4

40 9
40.4

40 7
40.1

40 5
40 1

40 5
40.0

40.8
40.3

••40 7
'40.3

Ml. 1
40.6

p 41 1
MO. 5

do
do
do
do
- do
do
do
- do

38.7
2.1
40.7
40.6
42.8
38.3
40.6
41.1

39.0
2.2
41.2
40.7
43.0
40.7
40.8
41.2

39.4
2.4
41.4
40.3
42 5
42 1
40.3
40 9

39.5
2.6
41.6
41.2
42.3
42 3
40.1
40.1

39.4
2 5
40.9
40 9
41 8
40 2
40 2
40 0

39.4
2.5
41.0
42.0
41 5
37 9
39 9
39 9

39.6
2.6
41.0
41.4
41 7
38 0
40.2
40 3

39.3
2.4
40.5
40.7
41 8
38 2
39.7
39 7

39.4
24
40.0
39 2
41 3
38 6
40 1
39 6

39.5
2.6
40.2
39.9
41 6
38 6
40.1
39 8

39.5
2.5
40.2
39.9
41 5
39 2
39 7
40 4

'39.7
2 6
MO. 8
40.4
41 8
r 39 2

'39.7

P39.8
•p 2. 7
P41.1

do
do
do
do

39.7
38.4
38.4
37.5

39.6
38 6
38.9
37.7

39.6
39 2
39.3
38 7

40.1
39.7
39.7
38 9

39
40
40
39

39
40
40
39

2
3
7
3

40.1
40 2
40.5
38 6

38.8
39 8
40.2
37 8

38
40
40
38

5
3
8
3

38 1
40 4
40 9
38 4

37.8
40 3
40 8
38 5

38.8
r 40 4

35.0
41.8
42.8

35.6
41.9
42.8

36 4
42.5
43 5

36.1
42.7
43.7

36 0
42.7
43 5

35 8
42.5
43 3

36 1
42.4
43.4

36 0
42.4
43.5

36 7
42.4
43 4

36 5
42.7
43 7

36 6
42.6
43 8

37.6
41.1
40.7
41.0
40 9
39.1
38.1
36.6
36.0

37.6
40.8
40.6
41.0
41 0
39.1
38.9
37.4
37.2

37.9
40 7
40.5
40 4
40 1
40 5
40.7
37 3
36.8

38.0
41.0
40.9
40 7
40 7
40 8
40.5
36 7
35.9

37.9
41 0
40 6
40 2
40 1
40 7
40.3
37 0
36.0

37.9
41 2
40 9
40 6
40 8
40 7
40.9
37 5
36.5

38.4
41 4
41.1
40 2
40 3
41.9
42.3
38.5
38.1

38.0
41 1
41.0
40 9
41 1
41.1
41.1
39.1
39.2

37.9
41 2
41 1
40 3
40 6
41 6
41 6
38 8
38 7

38.3
41 3
41 0
41 2
40 8
42 0
42.4
38 0
37.7

39 8
38 0
30 9
35.2

39
38
30
32

39
37
28
35

39
38
30
35

40
38
29
35

40
39
29
35

0
7
9
3

40 6
39 7
35 3
38.1

40 1
40 6
34 3
36.3

39
40
27
35

39
40
27
35

40.8
44.2
37 2
40.7
36 2

41.2
44.2
37 3
40.8
36 3

40.1
44.9
37 9
42 0
36 7

40.9
45.4
37 8
42 2
36 5

40.3
45.2
38 1
42 7
36 8

41.2
44.0
36 4
39 6
35 4

40.5
42.1
35 3
37.9
34 6

41.3
41.5
35 7
38.5
35 0

43.0
38.2
41.9
40 7

42.9
38.5
41.9
40 7

42 9
38.6
42 1
40 9

42 4
39.0
41 8
40 9

42 5
39.0
41 7
40 9

42 6
39 7
41 3
41 1

42 9
38.6
41 6
41 1

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
Broadwoven fabric mills
Knitting mills

Apparel and other finished textile prod _ do
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
Non manufacturing industries:
Mining*
do
Metal
do
Anthracite
_ _ - _ _ do
Bituminous coal.
__do
Crude-petroleum and natural-gas production :
Petroleum and natural-gas production __h ours..
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
U.S. Employment Service placement activities:
Nonaericultural placements
thousands
Unemployment compensation, State and UCFE programs (Bureau of Employment Security) :§
Initial claims
thousands. .
Insured unemployment weekly average! . do
Percent of covered employment*

2
3
8
4

7
8
8
3

9
6
8
4

6
1
4
i

0
7
7
8

r

r 40 5

Ml 2

r2. 7

MO. 9
40.6
42 4
39 0
40.7
41 6
r
r

39 3
40 9
41 3
39 1

p 39 3
p 40 4

r

36 6
M2.9
44 0

r

36 7
42.9
44 0

*>36 8
P42.8

38.1
41 6
41 1
40 9
40 9
41 8
42 9
37 0
36 4

38.1
41 6
Ml 5
41 0
40 8
M2 1
M2 9
37 6
37 2

'38.1
Ml 5
41 6
r
41 0
40 5
r
38 5
34 0
r
38 3
38 2

P38.2
P 41 5

9
4
6
2

40 1
39 9
32 2
35 2

40 8
Ml 1
r 31 3
r 35 7

41 3
41 2
30 2
38 2

41.4
41 7
34 4
36 3
34 0

41.2
42.4
35 9
39 5
35 0

40.5
44 3
37 0
40 1
36 1

40.3
M4 3
r 37 4
MO 6
r 36 4

40.2
44.9
38 0
42 0
36 8

42 6
38.3
41 4
41 0

42
38
41
40

42
38
41
40

42
38
41
40

r 43
38
42
r 40

43
38
42
40

7
8
o
6

5
9
4
9

6
4
4
8

9
4
5
7

r 41 0

38 7

2
8
5
5

p41 2
»38 3

4
8
2
8

40.1

40 3

40 2

40 3

-0 3

40 1

40 4

40 2

40 0

40 2

40 1

40 3

40 5

38.2
34.8
36.6
43.8

38.7
35.2
37.4
43.8

38.7
35.2
37.3
43.9

38.0
34.5
36.6
43.7

37.9
34.3
36.2
43.8

37.7
34.0
36 3
43.7

38.5
36.6
36.3
44.0

38.1
34.7
36.4
44.2

37.9
34 4
36 4
43 9

37.9
34.6
36 3
43.8

37
34
36
44

9
4
2
0

r37. 9

34 2
36 2
43 9

38.3
35 0
36 7
44 3

40.1
39.8
39.9

40.0
39.7
38.4

40 1
39 3
37.2

39 9
39 3
38.6

40 4
39 4
39.4

39 9
38 8
38.7

40 0
39.2
38.3

39 7
39 3
38.5

39 9
39 0
37.4

40 1
39 4
38.1

40 1
39 9
39 5

40 1
r 40 4
MO 2

40 0
40 0
39 6

374
156

399
159

403
162

471
324

391
463

305
224

136
58

225
75

200
75

250
90

350
175

400
175

450
185

552
247
1,850

596
238
2,160

638
288
2,160

712
414
2 400

637
531
5,420

497
296
2,210

357
169
2,430

325
150
2,000

300
140
1,500

350
150
1,000

475
250
2 500

550
300
2,750

700
325
2,750

456

459

489

545

514

413

406

398

378

445

520

555

581

1,513
2,667
6.3

1,659
2,511
6.0

1,251
2,203
5.2

1,186
1,906
4.5

1,259
1,722
4. 1

1,258
1,781
4 3

1,924
2,111
5.1

1,790
2, 518
6.0

1,277
2,3%
57

1,136
2,106
50

1,099
1 793
44

890
1 486
3g

v 41 8

985
1 320 H 333
13 5
33

Benefit payments:
1,739
1,487
2,044
2,234
2,590
2,166
1,556
2,157
1,767
1,968
1 182
Beneficiaries weekly average
thousands1 390
1 708
325, 039 305, 638 255, 432 231, 141 210 300 174 470 234, 683 279, 461 255 671 255 640 218 438 165 932 146 720
Amount of pavments
thous of dol
Veterans' unemployment program: ©
5
14
14
12
13
13
19
38
7
30
8
4
9
Initial claims
thousands-28
26
22
31
39
78
28
53
78
27
10
10
16
Insured unemployment weekly average©
do .
11
30
89
33
28
92
31
26
30
65
48
19
13
Beneficiaries weeklv average
do
3,486
2,693
2,993
3,311
3,391
6,553
8,853 10, 151
2,688
5,047
1.114
1.250
2.019
Amount of navments
thous. of dol._
r
Revised.
* Preliminary.
1 Relates to State programs only and includes operations in Alaska and Hawaii; data through June 1959 also cover the UCFE program but exclude figures
for Alaska and Hawaii.
JSee note marked "cf" for p. S-ll.
9 Includes data for industries not shown.
cf1 Formerly "Automobiles." Data not affected.
*New series. Monthly data, for average weekly hours in the mining industry for January 1947-February 1957 are available upon request. Rate of covered employment expresses average
insured unemployment in each month as a percentage of average covered employment for the most recent 12-month period for which data are available (the lag for covered employment data
may range from 6 to 8 months); monthly data for January 1953-September 1956 are available upon request.
§Excludes data for persons eligible for compensation under temporary program (in_effect through June 1959).
_
I's Unemployment Compensation Act of 1958 (effective Oct. 27, 1958); under this Act, insured unemploy©Excludes data for persons
eligible for compensation
under the Ex-Servicemen's
F
ment in July 1959 averaged 42,000 persons (including operations in Alaska and Hawaii).




SUKVEY OF CUEEENT BUSINESS

S-14

August 1958

1958

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

June

July

1959

DecemOctober NovemAugust September
ber
ber

January

February

March

May

April

June

July

EMPLOYMENT AND POPULATION— Continued
LABOR CONDITIONS— Continued
Labor turnover in manufacturing establishments:.
3.8
Accession rate, total-monthly rate per 100 employees.
1.6
New hires*
do
2.9
Separation rate, total
do _
.8
Quit
do
1.8
Layoff
do
WAGES
Average weekly gross earnings (U. S. Department of
Labor) :J
83.10
All manufacturing industries
dollars..
89.89
Durable-goods industries
__ do
100. 94
Ordnance and accessories
do
Lumber and wood products (except furniture)
76. 14
dollars. _
74.52
Sawmills and planing mills
. _.do..
69.06
Furnitu re and fixtures ._
_ _ _ __
do
Stone, clay, and glass products
do . 84.63

Aircraft and parts
,.
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries
Nondurable-goods industries
Food and kindred products 9 _„
Meat products
Dairy products
_,
Canning and preserving
Bakery products
Beverages
_

3.9
1.6
3.5
1.2
1.9

4.0
1.9
3.5
1.5
1.6

3.4
1.7
3.2
1.1
1.7

2.8
1.3
2.8
.8
1.6

2.4
1.1
2.8
.7
1.8

3.3
1.5
3.1
.9
1.7

3.3
1.7
2.6
.8
1.3

3.6
1.9
2.8
1.0
1.3

83.50
89.83
100. 94

84.35
91.14
100. 69

85.39
92.46
103. 00

85.17
91.83
103. 00

86.58
94.30
103. 16

88.04
96.29
106. 43

87. 38
94.94
105.00

88.00
95.11
103. 57

89.24
97.10
104. 08

74.28
73.66
68.85
84.40

77.74
76.70
72.09
86.90

80.12
77.68
73.80
88.78

80.15
77.30
73.39
86.51

77.59
75.39
73.03
87.53

77.38
75. 17
74.16
87.26

74.84
72. 31
72. 54
86.83

74.26
72.86
72.32
87.89

77.74
75.85
73.12
90.20

78.96
76.30
72.40
91.27

'f 80. 56 ' 82. 40 P82.00
78. 66 r 80.12
72.76
74. 30 v 73. 93
91.94 ' 92. 38 P91.91

117. 58 ' 118. 43 v 110. 71

'3.6
2.2
'2.9
1.3
'1.1

>2.7

89.87
90.32 '91.17 p 90. 09
97.75 ' 98. 64 ' 99. 36 P 97. 51
103. 32 - 105. 83 ' 105. 73 P 105. 47

99.96

102. 91

103. 95

106. 74

106. 59

108. 08

109. 45

110. 80

112. 72

115. 34

116. 60

106. 60

111.72

112. 18

115. 71

114.52

115. 50

116. 40

120. 08

122. 00

125. 36

127. 10

96.96

98.55

99.54

101. 05

102. 36

104. 04

105. 06

105. 16

105. 06

103. 89

104. 55

90.80
94.25
85.14

91.20
93.77
84.50

92.52
93.77
84.96

93.89
95.60
87.26

93.02
94.41
85.79

94.66
96.96
88.91

96.00
99.06
89.32

93.96
99.31
88.88

94.13
100. 61
88.84

95.88
102. 42
89.06

96.59
98.36 '99.96
103. 09 ' 104. 00 104. 75
88.84 r 89. 51
90.58

99.50
98.14

100. 19
97.39

102.00
99.82

100. 98
98.43

102. 00
100. 04

106. 78
110. 70

110. 92
117. 82

106. 63
109.06

105. 59
106. 93

107. 04
109. 47

107. 83
111.34

102. 16
96.78
98.21

102. 62
99.65
98. 05

104. 04
100.98
97.94

104. 04
100.35
97.99

104. 09
102. 68
96.75

104. 19
99.72
104. 18

105. 52
101.53
106. 74

105. 52
102. 44
103. 09

105. 67
99.97
104. 22

105. 01
102. 18
107. 17

105. 67 ' 105. 71 107. 98
101. 77
101. 91
100. 74
109. 30 ' 105. 60 113.42

do
do

87.16
73.08

87.34
72. 13

87.96
72.68

89.47
74.19

89.28
74.56

90.76
75.14

91.62
75. 95

91.17
75.79

91.13
75.39

91.53
75.60

92.21
76.57

' 91. 98 ' 93. 71 P 93. 71
' 76. 57 77.14 p 76. 95

do
do
do
_ do
do
do
__ do

75.08
81.81
90.54
83.03
63.58
79.98
95. 35

75.66
81.99
91.58
84.71
64.31
80.78
96.00

76.04
81.56
89.87
83.73
69.47
79.79
94.07

77.03
82.78
93.94
84.18
71.06
79.80
93.03

76.83
81.80
93.25
82.76
66.73
80.00
92.40

77.22
83. 64
97.44
82.59
62.16
79.80
92.97

78.01
84.46
95.63
83.40
64.98
81.20
94.71

77.81
84.65
95.65
84.44
66.85
80.19
92.10

78.01
83.60
91.73
83.43
67.55
81.80
92.66

79.00
84.42
93.77
84.86
68.32
81.40
93.93

79.00
84.42
93.37
84.25
69.38
80.99
95.75

'79.40 ' 79. 40
'85.68 ' 85. 89
94.54
95.00
86.11
87.77
'67.42
67.08
'83.43
84.25
' 98. 06 99.42

P80.00
p 85. 90

66.30
57.98
55.68
54.75

65.74
57.90
56.41
54.67

62.96
59.19
57.38
56.12

60.15
59.95
57.96
57.18

60.19
60.95
58.98
57.48

62.72
61.26
59.42
58.16

66.17
61.10
69.54
56.74

63.63
60.89
59.09
55.94

63.53
61.66
59.98
56.68

64.39
63.43
62.17
57.22

65.02
63.27
62.42
57.37

' 67. 51 '67.99
'63.83 '64.62
'63.55
64.02
57.66
58.26

"68.38
p 63. 83

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 equip.)-.dollars. _
Machinery (except electrical) ._
do
Electrical machinery ,
, do
Transportation equipment 9
Motor vehicles and equip mentcf

3.5
2.0
3.0
1.1
1.3

3.3
1.5
3.2
.9
2.0

do
do
do _
do
do

Tobacco manufactures.. „,
do.~
Textite-mill products 9 ._ _ ._
do
Broadwoven fabric mills
,
do.Knitting mills....
_
do
Apparel and other finished textile products
dollars. _

r

127. 10

129. 38

104. 81

104. 60

107. 98 ' 109. 33 P 108. 39
111. 76
111.90

52.50

53.40

55.33

55.23

55.08

54.42

54.87

55.08

56.15

55.85

55.63

88.20
Paper and allied products
do
95.87
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
dollars. . 97.38
94.94
Chemicals and allied products.
do
100. 12
Industrial organic chemicals
do
111.93
Products of petroleum and coal
...do
115. 75
Petroleum refining
do
91.10
Rubber products
_
do
103. 63
Tires and inner tubes.
do
57.46
Leather and leather products
do
54.36
Footwear (except rubber)
do

88.83
96.73

90.53
98.31

91.38
99.20

91.38
98.75

90.95
98.72

91.16
99.39

91.58
99.62

92.01
99.39

92.66
100. 07

92.87
100.74

97.38
95.06
100. 69

98.54
95.24
100.85

99.56
95.94
102. 25

99.68
95.94
101. 91

99.30
96.82
103. 07

101. 76
97.70
103. 57

99.94
97.00
103. 73

100. 44
97.64
103. 57

102. 64
97.88
103. 73

113. 16
117. 26
91.89
106. 59
57.97
55.80

110. 29
113.08
96.80
113. 96
58.19
55.57

112. 33
116. 00
97.51
113. 40
57.99
54.93

110.15
113. 48
97.27
113. 24
58.46
55.08

112. 46
116. 28
98.09
115. 75
59.63
56.21

111.35
114.86
102. 66
121.40
61.22
58.67

113. 70
117. 55
100. 28
117. 55
62.56
60.76

114.86
119. 77
101.09
118. 98
62.08
60.37

118. 24
121. 18
103. 74
122.96
60.80
58.81

102. 11
102. 11 ' 102. 49
98.18
99.42 ' 100. 43
103. 98 ' 105. 83 107.33
118.20
117. 67 ' 118. Og
122.29 ' 121. 58 120. 69
101. 57 ' 101. 46 r 93. 56
123.98 ' 126, 13
99.96
59.57
60.54 ' 61 . 66
56.78
58. 03
59.59

101. 89
92.34
80.96
106. 30

99.96
96.13
79.77
97.85

101. 24
95.63
74.59
105. 90

102. 14
98.04
80.08
106. 55

102. 40
98.30
77.52
107. 76

103. 60
100. 84
78.04
107. 31

105. 56
101. 24
93.19
115. 82

105. 86
103. 94
91.24
114. 71

106. 00
104. 45
74.79
112.85

106. 13
104. 23
76.45
112. 29

106. 27
108. 94
110. 68
102. 94 ' 106. 86 107. 53
88.55 ' 85. 45 82.75
114. 75 r 120. 01
124. 91

110. 57
91.49
110. 11
108. 67
110. 77

110. 83
91.94
111.90
110. 57
112.17

106. 67
93.39
113. 70
114. 66
113. 40

110.02
95.34
114.91
117. 32
114. 25

107. 60
95.37
115. 82
118.71
115. 18

112. 06
92.84
110. 66
108. 11
111.16

108. 54
89. 67
109. 43
105. 36
110. 37

111. 92
87.98
111. 03
105. 88
111.65

116.33
88.82
106. 64
100. 19
108. 12

115. 36
90.31
110. 57
108. 23
110. 95

113. 00 r112. 84
94.80
95. 25
113. 59 ' 114. 82
110. 28 ' 112. 06
114. 44 ' 115. 39

91.16
78.31
91.34
100. 12

91.38
79.31
91.76
100. 12

90.95
79.90
91.78
101.02

90.74
81.12
93.63
101. 84

90.53
81.51
93.41
102. 66

91.16
82.97
92.51
103. 57

92.66
81.06
93.18
103. 57

92.44
80.81
93.98
103. 32

92.65
82.47
93.98
103. 89

92.87
81.79
93.98
104. 04

93.95 ' 95. 04 95.48
84.20
84.58
82.56
97.33
96.64
94.62
103. 79 ' 103. 68 104. 86

87.42

88.26

87. 64

88.66

87.85

88.22

88.48

88.44

88.00

89.24

89.42

' 90. 27

90.72

64.94
47.68
68.08
84.10

66.18
48.22
69.56
84. 53

66.18
47.52
69.38
84.73

64.98
46.92
68.44
83.47

64.81
46.65
68.42
83.22

64.47
45. 90
68. 97
83.90

64.68
48.68
68.24
85.36

66.29
48. 23
68. 43
87.07

65.95
47.13
69.52
86.04

65.95
47.40
68.97
86.72

66.33
47.47
68.78
88.44

' 66. 70
47.54
' 69. 14
89.12

67.41
48.65
70.46
90.82

Nonmanufacturing industries:
Mining*. _
do
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

p 98. 77
104.00
P 89. 91

'55.63

<-_..

'55.42

P 55. 57

' 93. 52 ' 93. 95
101.64 102.08

p 94. 16

112.96
97.43
116. 66
116. 76
116. 66

p 102. 76
* 101. 26
p 122. 06
p 100. 94
' 60. 90

-

.........
••

Finance, insurance, and real estate:
65.56
Banks and trust companies
do
66.54
65.80
65.93
66.24
65.98
66.71
66.48
67.37
66.97
67.69
67.29 ' 68. 25
Service and miscellaneous:
Hotels, year-round
do
44.91
45.31
45.60
45.49
45.09
45.65
45. 66
46.40
46.12
46.28
46.52 ' 46. 92
47.20
Laundries
_.
_
do
45.37
44.80
45.26
44.23
44.92
44.80
45.20
44.69
44.85
45.70
46.28 ' 47. 27
46.80 _
_.
53.47
Cleaning and dveinsr plants
do
r W 48
5ft 4Q
51.34
*4 R=;
K2 79
51 82
51. 98
51.32
51.86
52.80
49.48
51.07
r
Revised.
» Preliminary.
^JSee
9. Includes data for industries not shown.
. . note
... marked
_____ ... "c?"
^ for
_ _ _ .p.
_ _ .S-ll.
_ __.
cfFormerly "Automobiles." Data not affected.
} Data beginning January 1959 for accessions and separations include interplant transfers (not included in earlier data), hence are not strictly comparable with rates prior thereto. Discharge
and miscellaneous rates (included in total separations) are not published separately after December 1958.
*New series. "New hires" are additions (permanent and temporary) to the employment roll of persons who have never before been employed by the establishment or company, or of
former employees not recalled by the employer. Monthly data for new hkes (1951-1957) and average weekly earnings in the mining division (January 1947-February 1957) are available
upon request.




SUKVEY OF CUKRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-15
1959

1958

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly gross earnings (U. S. Department of
Labor) :%
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. _
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 nonferroiis
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment).. .dollars- _
Machinery (except electrical)
do_ _ _
Electrical machinery
- do
Transportation equipment $
Motor vehicles and equipmentc?
Aircraft and parts _
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg industries

do
do
do
do__ _
__do _
do

Nondurable-goods industries
- __do
Excluding overtime!
do
Food and kindred products 9
do
Meat products
do
Dairy products
do_ _.
Canning and preserving
do _
Bakery products
do
Beverages
do _
Tobacco manufactures
do
Textile-mill products 9
do
Broadwoven 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
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*
do
Metal
do
Anthracite
do
Bituminous coal
- _-do__ _
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod
dollars
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
_ _
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
_
do_ _
Telegraph
_ _ do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars _.
General-merchandise stores
_
do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wages (ENR):§
Common labor
dol. per hr__
Skilled labor
do
Equipment operators*
do
Farm wages, without board or room (quarterly)
dol. per hr__
Railway wages (average, class I)
do
Road-building wages, common labor (qtrly)-__do___

2.12
2.07
2.27
2.22
2.48

2.13
2.08
2.28
2.23
2.48

2.13
2.07
2.29
2.23
2.48

2.14
2.08
2.30
2.24
2.50

2.14
2.08
2.29
2.23
2.50

2.17
2.11
2.34
2.26
2.51

2.19
2.12
2.36
2.28
2.54

2.19
2.13
2.35
2.29
2.53

2.20
2.13
2.36
2.29
2.52

2.22
2.15
2.38
2.31
2.52

2.23
2.16
2.39
2.31
2.52

2.23
'2.16
'2.40
'2.32
2.55

'2.24
2.16
2.40
2.32
'2.56

P2. 23

1.88
1.84
1.78
2.10
2.61

1.89
1.86
1.77
2.11
2.68

1.91
1.88
1.78
2.13
2.70

1.94
1.89
1.80
2.16
2.73

1.95
1.89
1.79
2.11
2.74

1.93
1.88
1.79
2.14
2.75

1.92
1.87
1.80
2.16
2.75

1.89
1.84
1.80
2.16
2.77

1.88
1.84
1.79
2.17
2.79

1.91
1.85
1.81
2.20
2.82

1.94
1.87
1.81
2.21
2.83

1.96
1.90
1.81
2.21
2.84

'2.00
1.94
'1.83
2.21
2.84

P2.00

2.82

2.94

2.96

2.99

2.99

3.00

3.00

3.04

3.05

3.08

3.10

3.10

3.11

2.43

2.47

2.52

2.52

2.54

2.55

2.55

2.54

2.55

2.54

2.55

'2.55

2.57

2.27
2.38
2.15

2.28
2.38
2.15

2.29
2.38
2.14

2.29
2.39
2.16

2.28
2.39
2.15

2.32
2.43
2.19

2.33
2.44
2.20

2.32
2.44
2.20

2.33
2.46
2.21

2.35
2.48
2.21

2.35
2.49
2.21

2.37
'2.50
2.21

2.38
2.50
2.22

*2.38
p2. 50
P2.22

2.50
2.51
2.51
2.45
2.64
2.19
1.85

2.53
2.51
2.54
2.51
2.65
2.20
1.84

2.55
2.54
2.55
2.55
2.64
2.21
1.84

2.55
2.55
2.55
2.56
2.67
2.22
1.85

2.55
2.52
2.57
2.58
2.71
2.21
1.85

2.63
2.70
2.56
2.57
2.72
2.23
1.86

2.66
2.74
2.58
2.59
2.73
2.24
1.88

2.62
2.66
2.58
2.60
2.72
2.24
1.89

2.62
2.66
2.59
2.59
2.70
2.25
1.88

2.63
2.67
2.58
2.60
2.72
2.26
1.89

2.63
2.67
2.59
2.57
2.76
2.26
1.90

2.64
2.68
2.61
2.58
'2.75
2.26
1.90

'2.66
2.69
2.64
2.57
2.78
'2.28
1.90

*>2.65

1.94
1.89
2.01
2.23
1.94
1.66
1.97
2.32
1.67
1.51
1.45
1.46

1.94
1.89
1.99
2.25
1.97
1.58
1.98
2.33
1.66
1.50
1.45
1.45

1.93
1.88
1.97
2.23
1.97
1.65
1.98
2.30
1.59
1.51
1.46
1.45

1.95
1.89
1.99
2.28
1.99
1.68
1.99
2.32
1.50
1.51
1.46
1.47

1.95
1.89
2.00
2.28
1.98
1.66
1.99
2.31
1.52
1.52
1.46
1.47

1.96
1.90
2.04
2.32
1.99
1.64
2.00
2.33
1.60
1.52
1.46
1.48

1.97
1.91
2.06
2.31
2.00
1.71
2.02
2.35
1.65
1.52
1.47
1.47

1.98
1.92
2.09
2.35
2.02
1.75
2.02
2.32
1.64
1.53
1.47
1.48

1.98
1.92
2.09
2.34
2.02
1.75
2.04
2.34
1.65
1.53
1.47
1.48

2.00
1.93
2.10
2.35
2.04
1.77
2.03
2.36
1.69
1.57
1.52
1.49

2.00
1.94
2.10
2.34
2.03
1.77
2.04
2.37
1.72
1.57
1.53
1.49

2.00
'1.94
'2.10
2.34
2.06
1.72
2.06
2.38
'1.74
1.58
1.55
1.49

2.00
1.94
2.10
2.34
2.07
1.72
2.07
2.39
'1.73
1.58
1.55
1.49

1.50
2.11
2.24
2.59
2.31
2.46
2.73
2.83
2.33
2.72
1.57
1.51

1.50
2.12
2.26
2.59
2.33
2.48
2.76
2.86
2.35
2.74
1.55
1.50

1.52
2.13
2.26
2.60
2.34
2.49
2.73
2.82
2.39
2.80
1.56
1.51

1.53
2.14
2.27
2.62
2.34
2.50
2.76
2.85
2.39
2.80
1.58
1.53

1.53
2.14
2.27
2.63
2.34
2.51
2.74
2.83
2.39
2.81
1.58
1.53

1.52
2.14
2.28
2.62
2.35
2.52
2.77
2.85
2.41
2.83
1.59
1.54

1.52
2.15
2.29
2.65
2.36
2.52
2.77
2.85
2.45
2.87
1.59
1.54

1.53
2.16
2.29
2.63
2.36
2.53
2.78
2.86
2.44
2.86
1.60
1.55

1.53
2.17
2.29
2.65
2.37
2.52
2.85
2.95
2.43
2.86
1.60
1.56

1.53
2.17
2.29
2.68
2.37
2.53
2.87
2.97
2.47
2.90
1.60
1.56

1.52
2.18
2.30
2.68
2.36
2.53
2.89
2.99
2.43
2.89
1.61
1.56

1.52
2.18
2.31
2.68
2.39
2.55
2.87
'2.98
'2.41
2.94
1.61
1.56

1.51
2.19
2.32
"2.69
2.42
2.58
'2.88
2.98
'2.43
2.94
1.61
1.56

2.56
2.43
2.62
3.02

2.55
2.51
2.59
3.02

2.55
2.53
2.59
3.00

2.56
2.54
2.60
3.01

2.56
2.54
2.61
3.01

2.59
2.54
2.61
3.04

2.60
2.55
2.64
3.04

2.64
2.56
2.66
3.16

2.67
2.56
2.77
3.17

2.66
2.58
2.77
3.19

2.65
2.58
2.75
3.26

2.67
'2.60
2.73
3.27

2.68
2.61
2.74
3.27

2.71
2.07
2.96
2.67
3.06

2.69
2.08
3.00
2.71
3.09

2.66
2.08
3.00
2.73
3.09

2.69
2.10
3.04
2.78
3.13

2.67
2.11
3.04
2.78
3.13

2.72
2.11
3.04
2.73
3.14

2.68
2.13
3.10
2.78
3.19

2.71
2.12
3.11
2.75
3.19

2.81
2.13
3.10
2.76
3.18

2.80
2.13
3.08
2.74
3.17

2.79
2.14
3.07
2.75
3.17

2.80
2.15
3.07
2.76
3.17

2.81
2.17
3.07
2.78
3.17

2.12
2.05
2.18
2.46

2.13
2.06
2.19
2.46

2.12
2.07
2.18
2.47

2.14
2.08
2.24
2.49

2.13
2.09
2.24
2.51

2.14
2.09
2.24
2.52

2.16
2.10
2.24
2.52

2.17
2.11
2.27
2.52

2.18
2.12
2.27
2.54

2.18
2.13
2.27
2.55

2.19
2.15
2.28
2.55

'2.20
2.17
2.29
'2.56

2.20
2.18
2.29
2.57

2.18

2.19

2.18

2.20

2.18

2.20

2.19

2.20

2.20

2.22

2.23

'2.24

2.24

1.70
1.37
1.86
1.92

1.71
1.37
1.86
1.93

1.71
1.35
1.86
1.93

1.71
1.36
1.87
1.91

1.71
1.36
1.89
1.90

1.71
1.35
1.90
1.92

1.68
1.33
1.88
1.94

1.74
1.39
1.88
1.97

1.74
1.37
1.91
1.96

1.74
1.37
1.90
1.98

1.75
1.38
1.90
2.01

1.76
1.39
'1.91
2.03

1.76
1.39
1.92
2.05

1.13
1.14
1.34

1.14
1.14
1.33

1.12
1.14
1.33

1.13
1.14
1.33

1.13
1.14
1.34

1.14
1.14
1.34

1.16
1.14
1.34

1.15
1.15
1.35

1.16
1.15
1.35

1.15
1.16
1.36

1.16
1.16
1.36

' 1.17
1.17
'1.38

1.18
1.17
1.38

2.440
3.682
3.359

2.463
3.720
3.369

2.468
3.726
3.386

2.472
3.741
3.389

2.477
3.753
3.390

2.480
3.756
3.393

2.482
3.764
3.394

2.504
3.781
3.378

2.504
3.792
3.417

2.503
3.796
3.418

2.503
3.796
3.424

2.535
3.818
3.444

2.549
3.846
3.449

2.453

.94
2.433
2.07

2.456

2. 453

88
2. 431
2.12

2.568

2.529

1 03
2.546
1.94

2.587

2.531

99
2.530
1.99

9 549

*2.39
*>2.56
"1.83
P2.22
p2. 81

*2. 28
p 1.90

"2.01

^2.09

p i . 74
»1. 58

»1.51
P2.20

J>2.69
P2.44
P2.92
"2.45
p i . 59

2.603
3.885
3.483
1.00

' Revised.
v Preliminary.
JSee note marked " cf" for p. S-ll.
IData through 1956 shown in the 1957 edition of BUSINESS STATISTICS are based on adjustment factors; the 1956 figures therein have since been revised to reflect calculations from overtime
hours now regularly collected. Revisions for 1956 appear in the August 1957 SURVEY; the published estimates through 1955 are essentially comparable.
9 Includes data for industries not shown separately.
cfFormerly "Automobiles." Data not affected.
§Rates as of August 1,1959: Common labor, $2.619; skilled labor, $3.904. Scattered revisions for 1952-55 for skilled labor rates are available upon request.
*New series. Average hourly earnings in the mining industry for January 1947-February 1957 are available upon request. Wages for equipment operators are arithmetic averages of wages
in 20 cities. The three types of equipment covered are tractors (including bulldozers, on 70-100 h.p. machines), power cranes and shovels (% cubic yard), and air compressors; for wages back
to January 1956. see the December 1957 SURVEY.




S-16

August 1959

SURVEY OF CURRENT BUSINESS

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

1958
June

July

1959

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 of dol
Farm mortgage loans: Federal land banks do
Loans to cooperatives
do
Other loans and discounts
_ do_ _

1,352
965

1,353
966

1 363
981

1,281
958

1 255
961

1 209
940

1,194
840

1,133
875

1,161
897

1 054
883

1,029
822

1,038
791

983
729

3,670
1,989
408
1,273

3,725
2,002
425
1,298

3,766
2,017
453
1,295

3,784
2,036
473
1,275

3,802
2, 052
507
1,243

3,791
2,065
526
1,199

3,812
2,089
510
1,214

3,868
2,109
519
1,240

3,959
2,138
518
1,303

4 073
2,175
518
1,381

4,184
2,206
515
1,463

4,294
2,237
513
1,543

4,400
2,262
526
1,612

_ _ do
do
_ _ do

219, 465
95, 473
41, 228

206, 524
82, 214
40, 701

185, 849
68, 620
37, 942

195, 205
70, 887
40, 520

212, 894
79, 620
43, 594

183, 092
64, 804
38, 224

238, 975
92, 711
48, 690

221, 960
86, 507
44, 505

195, 770
74, 346
39, 635

223, 374
84, 710
47, 485

226, 368
88, 049
46, 955

216, 009
80, 725
44,646

228, 581
86, 598
46, 429

235, 625
89, 600
45, 421

Federal Eeserve 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

51, 458
26, 283
41
25, 438
20, 767

50, 960
25, 477
94
24, 480
20, 621

51, 471
26, 739
555
25, 346
20, 424

51, 264
26, 130
255
24, 986
20, 288

51, 538
26, 675
407
25, 443
20, 105

53, 254
28, 006
717
26, 229
20, 019

53, 095
27, 755
64
26, 347
19, 951

52, 223
27, 197
462
25, 715
19, 892

52, 226
27, 020
632
25, 350
19, 893

51, 491
26, 716
327
25, 497
19, 860

52 346
27, 176
500
25, 703
19, 715

52, 200
27, 777
984
25, 905
19, 605

51, 965
27, 337
421
26, 044
19, 416

52, 724
28, 569
1,229
26, 543
19, 333

do_ _ 51, 458
19, 883
do
18, 784
do
626
do
26,
705
do

50, 960
18, 999
17, 764
-37
26, 802

51, 471
19, 723
18, 538
678
26, 961

51, 264
19, 171
18, 147
362
26, 871

51, 538
19, 448
18, 462
453
27, 003

53, 254
20, 074
18, 994
777
27, 529

53, 095
19, 526
18, 504
—70
27, 872

52, 223
19, 943
18. 878
523
27, 163

52, 226
19, 677
18, 540
568
27, 022

51, 491
19, 285
18, 192
377
26, 965

52, 346
19, 542
18, 396
195
26, 983

52, 200
19, 687
18, 459
484
27, 156

51, 965
18,832
17, 640

27, 402

52, 724
20, 042
18, 905
P630
27,499

44.6

45.0

43.8

44.1

43.3

42.1

42.1

42.2

42.6

42.9

42.4

41.9

42.0

40.7

54, 560

56, 647

55, 509

55, 967

57, 283

57, 214

59, 045

58, 620

57, 070

55,889

57, 804

56, 054

56, 407 i 62, 214

57, 176
4,426
6,372

58, 520
4,222
2,695

58, 015
4,242
3,527

59, 152
4,151
2,487

60, 097
3,966
1,966

60, 209
4,185
2,780

64, 427
4,410
2,838

61, 235
4,325
2,766

60, 358
4,172
2,723

59, 211
4,429
4,926

60, 292
4,714
2,801

58, 835
4,352
2. 685

60,300 i 64, 539
4,444 1i 4,699
2,942
3, 310

26, 295

26, 432

26, 477

26, 347

26, 350

25, 977

26, 461

26, 340

26, 368

26, 537

26, 563

26, 79]

26,922

24, 168
1,956
15, 797

24, 376
1, 888
14, 980

24, 519
1,790
15, 229

24, 506
1,674
15, 046

24, 577
1,603
14, 531

24, 331
1,476
14, 591

24,740
1,538
16, 209

24, 613
1,543
13, 824

24, 647
1,544
13, 544

24, 840
1,519
14, 793

24, 856
1,529
13, 591

25, 039
1,578
13, 855

25, 234 i 128, 924
1,514
1, 652
13, 987 i 13, 199

41, 749

41, 356

42, 133

40, 920

41, 126

41, 287

41, 181

41, 283

40, 017

40, 039

38, 852

37, 909

36, 565

Bank debits, total (344 centers)
New York City
6 other centers cf

_

Liabilities, total 9 .
Deposits, total 9
Member-bank reserve balances _ _
Excess reserves (estimated)
Federal Reserve notes in circulation

Ratio of gold certificate reserves to deposit and FR
note liabilities combined
percentWeekly reporting member banks of Fed. Reserve System, condition, Wednesday nearest end of month:
Deposits :f
Demand, adjusted©
mil. of dol._
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions _ _ _ _ do_ _
United States Government
do
Time, except Interbank, total 9
do
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions .
do
Interbank (demand and time)
_ do
Investments total t
do
U.S. Government obligations, direct and guaranteed total
mil. of dol
Bills
_—do
Certificates
do
Bonds and guaranteed obligations _
do
Notes
do
Other securities
^.
__do
Loans (adjusted), totaltO
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. __
Money and interest rates: §
Bank rates on business loans:
In 19 cities
New York City

percent
do

11 southern and western cities

do

Discount rate (N. Y. F. R. Bank)
do
Federal intermediate credit bank loans _ _ _ do _
Federal land bank loans
_ _
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
Commercial paper (prime, 4-6 months)-. __ do
Stock Exchange call loans, going rate*
do
Yield on U. S. Government securities:
3-month bills
___do
3-5 year taxable issues
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil of dol
U. S. postal savings^
do

r

r_414

i 30, 754

1

40 367

1

32, 575
2,294
1,650
21, 763
6,868
9,174

32, 002
1,923
1,663
21, 428
6,988
9,354

32, 674
1,389
4,421
19, 957
6,907
9,459

31, 431
1,364
4,168
19, 226
6,673
9,489

31, 632
1,770
3,999
19, 112
6,751
9,494

32, 149
2,410
4,160
18, 680
6,899
9,138

31, 894
2,280
4,111
18, 637
6,866
9,287

32, 126
2,069
3,640
18, 294
8,123
9,157

30, 825
2,229
3,629
18, 003
6,964
9,192

30,543
2,552
2,690
17, 995
7,306
9,496

29, 276
2,032
2,516
17, 671
7,057
9,576

28,538
2,243
2,224
17, 452
6,619
9,371

27, 326
30, 242
1,652 i 2, 753
1,979 i 1,850
17,364 1.225,639
(2)
6,331
9,239 i 10, 125

53, 513
30, 371
2,819

52, 156
29, 545
2, 308

52, 165
29, 885
1,831

52, 675
30, 287
1,808

52, 780
30, 337
1,641

53, 643
30, 675
1,856

55, 393
31,418
2,504

53, 896
30, 275
2,119

53,846
30, 258
1,908

55, 483
31, 172
2,275

55, 814
31, 230
2,198

56, 543
31, 614
2,111

58,140
32, 734
2,157

1, 433
8,890
11, 182

1,344
8,970
11, 168

1,245
9,074
11,314

1,237
9,182
11, 342

1,240
9,350
11, 388

1,234
9,505
11, 556

1,270
9,601
11, 825

1,319
9,665
11, 744

1,339
9,757
11,815

1,388
9,834
12,051

1,375
9,947
12, 301

1,382
10, 099
12,580

1,358 U,438
10, 247 1i 12, 277
12, 990
21, 176

4.21
4.00
4.21
4.54

4.17
3 88
4.17
4.58

4.50
4 29
4.50
4.79

1

63, 820
i 129, 492
2, 106

4.87
4 71
4.90
5.07

4.51
4 29
4 49
4.84

1.75
3.17
5.13

1.75
3.15
5.13

1.75
3.09
5.08

2.00
3.02
5.08

2.00
3.06
5.13

2.50
3.23
5.13

2.50
3.64
5.13

2.50
3.78
5.17

2.50
3.87
5.17

3.00
3.98
5.21

3.00
4.07
5.33

3.50
4.25
5.48

3.50
4.53
5.48

3.50

1.13
1.54
3.50

1.13
1.50
3.50

1.65
1.96
3.50

2.39
2.93
3.65

2.75
3.23
3.75

2.75
3.08
3.75

2.75
3.33
3.75

2.75
3.30
3.75

2.75
3.26
3.75

2.88
3.35
3.75

2.98
3.42
3.75

3.17
3.56
3.96

3.31
3.83
4.19

3.45
3.98
4 25

.881
2.25

.962
2.54

1.686
3.11

2.484
3.57

2.793
3.63

2.756
3.60

2.814
3.65

2.837
3.86

2.712
3.85

2.852
3.88

2.960
4.03

2.851
4.16

3.247
4.33

3.243
4.40

19, 340
1,213

19, 378
1,198

19, 453
1,184

19, 641
1,169

19, 667
1,158

19, 778
1,146

20, 044
1,134

20, 067
1,121

20, 119
1,107

20, 334
1,094

20, 277
1,082

20,335
1,070

20 483
1,042

20 374
1 023

CONSUMER CREDIT J
(Short- and Intermediate-term)
Total outstanding, end of month
Installment credit, total

mil. of dol__

43, 079

42, 923

43, 128

43, 144

43, 164

43, 464

45, 065

44, 415

44, 071

44, 203

44, 916

45,790

46, 716

_ _ do_ _

33, 008

33,074

33,165

33, 079

33, 052

33,126

33, 865

33, 768

33, 751

33, 943

34, 453

35,029

35 810

14, 514
14, 066
14, 567
14, 332
14, 590
Automobile paper
do
14, 155
14, 223
14, 164
14, 131
14, 375
14, 686
14, 991
15, 419
8,254
8,528
8.312
8,411
8, 197
Other consumer-goods paper
do
8,881
8,767
8,190
8,721
9,007
8,911
8,777
9,077
2,146
2,107
2,061
2,091
2,116
2,048
Repair and modernization loans
do_ __
2,145
2,125
2,128
2,127
2,149
2 198
2 240
8,386
8.249
8,306
8,645
8,582
8, 180
8,607
8,349
Personal loans
_
do
8,328
8,720
8,841
8,929
9,074
f
Revised.
*> Preliminary.
1 See note "f."
2 Notes included with bonds,
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
jRevised beginning July 1959 to reflect changes in coverage and format; not comparable with earlier data.
©For demand deposits,, the. term
"adjusted"
denotes
exclusion
of
interbank
and
U.
S.
Govern:
..
nment deposits and of cash items reported as in process of collection; for loans, exclusion of loans
to banks (domestic commercial banks only, beginning July 1959) and deduction of valuation reserves (individual loan items are gross, i.e., before deduction of valuation reserves).
§For
bond yields, see p. S-20.
*New series (from Board of Governors of Federal Reserve System). Data (available back to January 1957) are averages of daily rates for both renewal and new loans.
^Data are as of end of consecutive 4-week periods ending in month indicated, except June figure which is as of June 30 (end of fiscal year).
{Revisions, incorporating more comprehensive information, appear in the Federal Eeserve Bulletin as follows: 1955-56 data, in December 1957 issue; 1957 data, in November 1958 issue.




SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-17
1959

1958

June

July

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

FINANCE—Continued
CONSUMER CREDITt— Continued
(Short- and Intermediate- term)
Total outstanding, end of month— Continued
Installment credit, total— Continued
By type of holder:
Financial institutions, total
mil.
Commercial banks . _
Sales-finance companies
Credit unions _
. _ _
Consumer finance companies
Other _
_ _
Retail outlets, total
Department stores
Furniture stores
Automobile dealers
Other _

-

of dol
do
do
do
do
do

28, 774
12, 520
9,105
2,510
3,283
1, 356

28, 917
12, 606
9,121
2,545
3,292
1,353

28, 983
12, 655
9,083
2,578
3,294
1,373

28, 758
12, 607
8,891
2,591
3,280
1,389

28, 666
12, 612
8,777
2,613
3,274
1,390

28, 648
12, 617
8,708
2,628
3,281
1,414

28, 943
12, 730
8,740
2,664
3, 381
1,428

29, 016
12, 856
8,733
2,639
3,374
1,414

29, 070
12, 884
8,724
2.661
3,372
1,429

29,324
13,028
8,780
2,700
3,371
1,445

29, 825
13, 312
8,921
2,754
3,379
1,459

30, 333
13, 568
9,089
2,802
3,385
1,489

31, 032
13, 882
9,350
2,881
3,416
1,503

do__
do
do__
do
do.

4,234
1,310
1,093
444
1,387

4,157
1,241
1,093
443
1,380

4,182
1,251
1,110
440
1,381

4,321
1,393
1,110
433
1,385

4,386
1,426
1,126
427
1,407

4,478
1,474
1,149
424
1,431

4,922
1,702
1,220
425
1, 575

4,752
1,615
1,183
425
1,529

4,681
1,611
1,166
427
1,477

4,619
1,581
1,129
430
1,479

4,628
1,582
1,127
439
1,480

4.696
1.606
1,128
448
1,514

4,778
1,639
1,136
461
1,542

Noninstallment credit, total

do

10, 071

9,849

9,963

10, 065

10, 112

10, 338

11, 200

10, 647

10, 320

10,260

10, 463

10, 761

10,906

Single-payment loans
Charge accounts _ . _
Service credit
By type of holder:
Financial institutions _
Retail outlets
Service credit

do
do
do

3,482
4,012
2,577

3,373
3,927
2,549

3,453
3,956
2,554

3,495
4,033
2,537

3,414
4,191
2,507

3,499
4,297
2,542

3,543
5,018
2,639

3,464
4,504
2,679

3,563
4,004
2,753

3,618
3,883
2,759

3,674
3,997
2,792

3,779
4,220
2,762

3,842
4,318
2,746

_do
do
do

3,482
4,012
2,577

3,373
3,927
2,549

3,453
3,956
2,554

3,495
4,033
2,537

3,414
4,191
2,507

3,499
4,297
2,542

3, 543
5,018
2,639

3,464
4 504
2,679

3,563
4 004
2,753

3,618
3,883
2,759

3,674
3,997
2,792

3,779
4,220
2,762

3,842
4,318
2,746

do
do
do
do

3,477
1,257
973
1,247

3,483
1,281
956
1,246

3,385
1,193
976
1,216

3,297
1,105
993
1,199

3,475
1,173
1,075
1,227

3,338
1,091
1,054
1,193

4,350
1,360
1,435
1,555

3 321
1,248
886
1,187

3 247
1,258
839
1,150

3,786
1,476
982
1,328

4,022
1,580
1,074
1,368

4,053
1,568
1,124
1,361

4,432
1,765
1,179
1,488

do_
do
do
do

3,379
1,280
941
1,158

3,417
1,304
949
1,164

3,294
1,246
919
1,129

3,383
1,287
935
1,161

3,502
1,341
976
1,185

3,264
1.189
937
1,138

3,611
1,295
956
1,360

3,418
1,224
1,012
1 182

3,264
1,190
953
1,121

3,594
1,324
1,028
1,242

3,512
1,269
1,018
1,225

3,477
1,263
990
1,224

3,651
1,337
1,013
1,301

_ do
do
do
do

3,262
1,095
968
1,199

3,328
1,151
965
1,212

3,416
1,142
1,018
1,256

3,326
1,082
1,005
1,239

3,451
1,199
1,005
1,247

3,594
1,276
1,041
1,277

3,720
1,420
1,002
1,298

3,799
1 437
1,047
\ 315

3,816
1 454
1,057
1 305

3,749
1,414
1, 058
1,277

3,939
1,502
1,126
1,311

4,045
1,497
1,154
1,394

3, 983
1 487
1,121
1 375

do
do _
do
do

3,391
1,278
961
1,152

3,365
1,275
948
1,142

3,403
1,276
947
1,180

3,376
1,246
949
1,181

3,418
1,281
964
1,173

3,447
1,243
1,001
1,203

3,414
1,262
953
1,199

3 412
1,252
956
1,204

3,483
1,281
981
1,221

3,431
1,265
983
1,183

3, 516
1,282
1,006
1,228

3,602
1,320
1,003
1,279

3,531
1,284
1,000
1,247

' 11, 939
10, 785
66

3,624
2,946
72

6,280
4,838
67

8,119
7,208
75

3,446
2,769
82

5,979
4,962
72

6,848
6,180
78

4 956
4 528
76

8 152
6,576
70

10, 722
8,426
89

6 375
4,258
85

8,155
5,425
89

11 137
10 042
94

3, 665
5,906
818
' 1, 484

1,453
479
355
1,265

3,599
316
1,105
1,193

3,909
2,267
549
1,320

1,387
374
386
1,217

3,735
319
816
1,038

2,512
2,419
441
1,397

2 944
424
321
1,192

5 202
362
1 281
1,237

2,938
5,459
857
1,378

4,002
477
558
1,255

4,813
410
1,488
1,355

4 236
4,786
697
1,323

6,621
615
431
4,312
1,263

6,613
642
431
3,752
1,788

6,198
574
404
3,605
1,615

6,633
578
410
3,863
1,783

7,144
600
454
4,225
1,865

6,237
607
441
3 589
1,599

7,080
647
440
4,212
1,781

6 776
675
445
3,693
1,963

6 331
630
440
3 596
l'795

6,461
649
441
3,864
1,507

6,427
652
361
3 898
1,516

6,164
650
433
3,642
1,439

8 632
704

276, 343
274, 698
228, 452
46, 246
1,646

275, 466
273, 910
228, 033
45, 877
1,556

278, 476
276, 951
230, 638
46, 313
1,525

276, 666
275, 004
229, 008
45, 996
1,661

280, 211
278, 561
233, 194
45 367
1,650

283, 060
281, 425
236, 313
45, 112
1,635

282, 922
280 839
235, 999
44, 840
2,084

285, 801
283 808
239, 901
43 907
1,993

.

- -

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 paper
Other consumer -goods paper
All other __

-

FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts, net _ .
-- - Customs

mil. of dol
. do
do

Individual Income taxes __ _ _ _ _ _ _ _ _ do
Corporation income and profits taxes
do__
Employment taxes
_ __ _
.
do
Other internal revenue and receipts
do _ Expenditures, total _
Interest on public debt
Veterans' services and benefits. _ . _ _
Major national security
All other expenditures
__

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

do
do___
_do___
do
do __

285 353 286, 303
283 497 284, 473
240 220 240, 271
43 278 44, 203
1,830
1 856

284
281
237
44
2

706
833
078
756
874

288, 682
285 840
241 779
44 061
2,842

101

102

108

118

112

107

109

106

112

119

107

108

111

110

52, 349
376
610

52,263
418
626

52, 193
369
534

52, 118
352
523

52, 031
378
551

51, 971
324
481

51, 878
370
586

51, 624
486
867

51 520
383
584

51,379
414
653

51 190
350
624

51, 027
338
586

50 834
323
634

50, 536
350
775

Federal business-type activities, end of quartenc?
Assets, except interagency, total
mil. of dol i 72, 677
22, 383
Loans receivable, total (less reserves)
do
6,914
To aid agriculture
.
do
4,628
To aid homeowners
do
All other (incl. foreign loans)
__.do ..
11, 327
Commodities, supplies, and materials
U. S. Government securities—
Other securities and investments
Land, structures, and equipment
All other assets

285 104 282, 034
283 243 280 089
239 373 236, 149
43, 940
43 870
1,945
1 861

21, 540
4,467
3,731
10, 459
10, 097

i 73, 772
23, 280
7,402
4,607
11, 721

i 76, 494
25, 493
8 695
4,860
12, 306

20, 743
4,365
3,703
10, 422
11, 259

20, 810
4,198
3,703
10, 670
11 619

1

77, 451
26, 977
9 630
5,352
12, 349
20 504
4,533
3,702
10, 753
10 982

1
* 8, 013
Liabilities, except interagency, total
do
7, 680
17 912
!8 000
3,862
Bonds, notes, and debentures
do__.
4,037
4,269
4,090
Other liabilities
.__
___do._. 1 4,151
3,643
3 643
3 910
1
1, 204
Private proprietary interest
_do___
11,229
1, 374
1 1, 298
U. S. Government proprietary interest
do__. i 63, 460
i 64, 864
i 68, 165
i 67, 196
r
l
Revised.
*> Preliminary.
See note marked "<_?"."
JSee corresponding note on p. S-16.
§Effective May 1957, for series E and H (series J and K discontinued after April 30,1957). Data for various months through March 1959, however, include minor amounts due to late
reporting or adjustments on discontinued series (F, G, J, K).
cf Figures are not directly comparable from quarter to quarter, since activities covered vary. Data reflect the condition of activities (public-enterprise and intragovernmental funds, certain other activities of the U. S. Government, and certain deposit and trust revolving funds) reporting to the Treasury under Department Circular No. 966; excluded from the data are activities
reported other than quarterly. Interagency items are excluded except in the case of trust revolving funds.




SUEVEY OF CUREENT BUSINESS

S-18
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959

1958

June

July

August

1959

Septem- October Novem- December
ber
ber

January

February

March

April

May

June

July

FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance :J
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

104, 008

104, 578

105, 054

105, 493

106, 053

106,540

107, 419

108, 145

108, 583

108 945

109, 430

109, 928

110 424

52, 804
7,083
2,537
14, 895
3,843
21,400

53, 202
7,258
2,561
14, 962
3,835
21, 523

53,444
7,300
2,597
15, 012
3,839
21, 606

53,638
7,307
2,616
15, 085
3,835
21, 700

53,988
7,319
2,641
15, 170
3,829
21, 931

54, 172
7,344
2,672
15, 183
3,828
22, 043

54,302
7,205
2,685
15, 247
3,830
22, 214

54, 857
7,485
2,744
15,306
3,817
22, 348

55, 038
7,414
2,774
15, 332
3,812
22, 531

55, 151
7,229
2,840
15, 403
3,809
22, 680

55, 472
7,251
2,889
15, 439
3,798
22,880

55, 730
7,235
2,968
15, 484
3 798
23, 009

55, 993
7,246
2 991
15, 515
3 796
23, 194

3,159
1,654
1,482
36, 060
33, 409

3,159
1,659
1,477
36, 183
33, 519

3,151
1 658
1,469
36, 323
33, 645

3,191
1,657
1,508
36, 462
33, 776

3,187
1,654
1,504
36, 648
33, 955

3,198
1,651
1,516
36, 794
34, 093

3,359
1,646
1,678
37, 097
34,388

3,365
1 640
1,689
37, 211
34, 510

3,387
1 639
1,709
37 350
34,635

3,421
1,643
1,739
37 486
34, 753

3,439
1,647
1,752
37, 602
34, 851

3,459
1 654
1,764
37 737
34, 958

3,486
1 663
1,783
37 894
35, 094

3,280
4,067
1,207
3,431

3,303
4,091
1,227
3,413

3,355
4,114
1,210
3,457

3,368
4,138
1,209
3,487

3,395
4,162
1,190
3,483

3, 415
4, 183
1,242
3,536

3,376
4,204
1,365
3,716

3,393
4,225
1,282
3,812

3,414
4,253
1,225
3 916

3, 450
4,284
1,211
3,942

3,469
4,317
1,187
3,944

3,493
4 346
1,197
3 966

3,522
4 380
1,200
3 949

5,264
786
600
3,878

5,290
630
569
4,091

5,188

5,153

5,614

4 791

5 154

5,896
793
636
4,467

5,718

878
588
3,722

5 593

754
633
4,206

6 097
1,091
598
4,408

do
do
__do
do
do _ _
do

'259
'888
r
759
'316
'491
r
180

r
268
r
r
T

'235
'814
r
753
r

West South Central _
do
Mountain
do
Pacific (incl Alaska)
_ _ _ _ _ _ _
do_
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
_ _
mil. of dol
Death benefits
do __
Matured endowments
do
Disability payments .
do

r
382
r
r

r
395
r
179
r

r
365
r

484

158
••449

579.2
229.7
58.7
9.9

590.0
246.8
55.3
9.9

do
do
do

49.6
115.8
115.5

50.7
120.6
106. 7

do
do
do
do
do
do

2, 557. 2
439.0
275.9
291.9
197.9
1, 352. 5

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
Middle Atlantic
East North Central
West North Central
South Atlantic
_
East South Central

_~

Annuity payments
. -_
_Surrender values
Policy dividends
Life Insurance Association of America:
Premium income (39 cos.), quarterly total
Accident and health
Annuities
_
Group
Industrial
__
Ordinary

153
450

947
811
343

M90
r

175

311
M63
r
173

667
597
3,889

765
621
4,228

5,326
733
631
3,962

7,169
2,185

241
837

r
958
r

273

269

M95
r
178

'270
'994
'865
»-368
••532
'200
'443
'213
r
564

r
355
r
140
r

r

'788
'324
r
489
r
192

860
'340
r
517
••197

'951
'793
r
303

535
4,449

780
490

3,521
r

230

833
'698
r
289
••412
r
155

904
567
3,683
r
232
r
835
r
716
r
307
r
459
r

278

835
575
4,308
261

1,r 004
879
'363
'563
••211

'951
'869
'351
'536
r
200

255
921
836
345
526
202

266
960
861
361
546
214

r
373
r
159
r

433

'449
r
183
••538

'426
' 189
' 525

427
189
505

449
201
550

170

r

r
394
r
162
r

M02
r

462

177
••504

••357
r
161
r
454

537.0
222.6
50.9
9.5

577.8
233.1
57.4
10.1

594.0
244.4
60.4
9.9

536.6
214.8
65.4
9.0

746 2
264.5
88 8

9.7

665.4
267.8
65.9
11.4

595 3
246.9
54 9
9 8

674 0
278.0
58 4
10.0

625.2
261.4
54.2
10.0

582 0
241.3
48 7
10. 1

635.9
265.7
51.9
10.0

48.7
108.3
97.0

47.9
119.0
110.3

53.9
120.2
105.2

46.7
103.7
97.0

47.5
135.8
199 9

67.5
118.7
134.1

54 7
117 5
111 5

52 9
137.5
137 2

54.2
131.9
113.5

52 9
119 2
109 8

55 8
128.6
123 9

19, 705
—491. 7
76
15 477

2, 604. 2
451. 7
284.1
313.7
192.6
1, 362. 1

407

2, 818. 4
466.6
338.4
289.4
244.5
1, 479. 4

2, 786. 8
465.7
337.5
314.4
227.3
1, 442. 0

MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S. (end of mo.)
mil. of dol._ 21, 356
Net release from earmark§
_ _do_ _ -285. 0
9,366
Exports
__
thous. of doL_
Imports
__
__
_ _ _ _ _
d o _ __ 12, 799

21, 210
-164.3
9,328
27, 373

21, Oil
-196. 7

88
3,829

20, 874
-220. 2
8,706
79, 914

20, 690
-189. 0

20, 609
-96.9

81, 500
56, 100
13, 400
4,900

84, 500
57, 300
13, 200
6,100

83, 100
57, 900
12, 800
5,400

84, 700
58, 300
13, 100
6,200

86, 700
58, 900
14, 000
6,700

83, 300
58, 500
12, 900
5,500

324
8,329
.886

360
4,493
.886

727
4,882
.886

5 980
.887

10, 197
.900

5,160
.901

9 219
.899

5 356

6 172

904

5 220
.914

thous. offineo z _ _ 2,528
4,151
do_ __
3,243
do

2,386
3,919
2,127

2,884
3,930
2,651

2,856
4,431
2,614

2.390
3,880
3,831

2,644
3,551
2,505

2,918
3,886
3,426

3,094
3 680
2 330

2,265
3,315
2 827

2.782
3,600
2 823

' 2, 691
3 691
2 946

mil. of dol__ 31, 172
244, 131
_
do
3,953
do
10, 695
do

31, 171
241,900
4,000
r
5 500

31, 371
243,400
3,900
7,000

31, 245
242,600
3,800
5,700

31, 386
245 100
3,800
4 900

32, 036
248, 200
3,700
7 100

32, 193
252 022
3,870
5 599

31, 125
249 600
3,800
6 000

31, 129
247 100
3,700
5 700

31 250
246 700
3,900
5 100

31 349
249 700
3,700
5 800

Production, reported monthly
A frica
Canada
_
United States
Silver:
Exports
_
Imports
Price at New York..
Production:
Canada
Mexico
United States
Money supply (end of month):
Currency in circulation.
Deposits and currency, total
Foreign bank deposits, net
U S Government balances

total 9

_

do
do
dol. per fine oz

_ _ _
_

__do
do
do __
do

744

68
5,425

204

42
11,751

113

20, 534
-79.3

20, 476
-65.6

20, 479
-13.0

20, 442
-48.0

20, 305
-127. 5

12, 278

10, 272

10, 048

18, 499

3 280

20,188
-136.5
230
9 805

83, 300
57,700
13, 200
5,900

59 500
13 200
4,' 200

57 800
12, 500
4 100

61 200
13, 200
3,800

13 200
3,800

13 300
4,100

103

2 160
3 772

1 246
5 241
.914

56

90

0

134

902

198

99

203

69

914

270
5 894
914

914

2,482
2 641

3 219

31 638
31 914
249 200 r249 200
3,700
3,600
r 6 400

r 5 6QO

251 400
3,400
6 300

229, 483 232,400 232, 500 233,100 236, 400 237, 500 242, 553 239, 800 237, 700 237,600 240, 300 239, 100 '239,900 241, 70«
Deposits (adjusted) and currency, total^f
do
106, 169 108 100 107 500 108 100 111 000 111 900 115 507 113 800 111 300 110 300 112 500 110 700 rl!0 700 119 dftfl
Demand deposits, adjusted^
_
do
95, 524
Time deposits, adjusted^
___do
96, 500
97, 200
97, 000
96, 800
97, 500
98, 306
99. 500
98, 400
98, 700
99, 900 ' 100, 300 '•101,000 100,900
90 onn
27,790
27 900
Currency outside banks
_
do
27 600
27 900
28 000
28 000
28 740
28 800
27 900
28 100
27 700
27 900
28 300
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
t^g 4
65.7
49.4
47.4
54.8
New York City
__
ratio of debits to deposits. _
46 4
54 0
58.2
50.1
54 1
54 5
54 9
56 2
56 8
-p qq c
31.4
r 32 9
29 8
29 6
33 2
30 0
27 4
30 3
30 3
34 2
31 0
6 other centersd71
do
33 9
T 33 0
23.8
22.9
23.1
337 other reporting centers
do
24.9
23.6
23.8
21.7
23^2
p 25. l
v 95 4
24.0
23.9
24.1
'24.8
r
Revised.
* Preliminary.
^Revisions for assets of all life insurance companies for January-July 1956 and 1957 will be shown later; data beginning 1957 not comparable with earlier data.
©Revised back to January 1957 to include data for Alaska; unpublished revisions (prior to May 1958) will be shown later. The total for ordinary insurance (1956-May 1958) includes adj ustments not distributed by areas.
§Or increase in earmarked gold (—).
9 Includes data for the following countries not shown separately: Mexico; Brazil; Colombia;Chile (through August 1958 only); Nicaragua; Australia, and India. Revisions for 1950-56 and
January-July 1957 will be shown later.
^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.




SURVEY OF CUKRENT BUSINESS

August 1950

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-19

1958

June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

FINANCE—Continued
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SECM
Net profit after taxes all industries
mil. of dol
Food and kindred products
____do_ __
Textile mill products
do
Lumber and wood products (except furniture)
mil. of dol_ _
Paper and allied products
do
'Chemicals and allied products
.
do
Petroleum refining
do
Stone clay and glass products
....
_-do
Primary nonferrous metal
do
fabricated metal products (except ordnance,
machinery, and transport, equip.)... mil. of dol__
Machinery (except electrical)
-do
Electrical macninery equip and supplies
do
Transportation equipment (except motor vehicles,
etc )
mil of dol
All other manufacturing industries

do

Ekctric utilities, net profit after taxes (Fed. Res.)t
mil. of dol_ .
Eailways and telephone cos. (see pp. S-23 and S-24).

2,840
276
34

3,320
323
69

4,036
320
78

3,821
258
80

21
123
395
503
137
70
199

74
126
430
648
188
87
200

57
148
476
783
147
124
324

43
136
494
658
104
135
374

123
237
195

148
223
218

133
219
301

100
223
246

88
150
290

90
39
456

95
441
390

71
523
374

1,788

1,710

2,050

1,839

349

357

390

469

SECURITIES ISSUED
Securities and Exchange Commission:}
Estimated gross proceeds total
mil. ofdol__
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
MJanuf acturing
do
Extractive (mining)
do
Public utility
__do
Railroad
do
Communication
do
Financial and real estate
do
Noncorporate, total 9
TJ S Government
State and municipal
New corporate security issues:
Estimated net proceeds total
- Proposed uses of proceeds:
New money, total
Plant and equipment
Working capital
Retirement of securities
- Other purposes
.'State and municipal issues (Bond Buyer):
Long-term—
___thous.
Short-term
_ __

3,048

2,426

1,341

2,160

3,076

1,452

1,899

5,780

2, 132

1,921

r

' 1, 787

2,275

2,930
843
41
77

2,137
910
219
70

1,259
492
71
12

2,082
1,059
55
23

2,837
651
170
69

1,330
420
110
12

1,644
746
204
51

5,618
724
126
36

1,843
481
234
55

1,723
457
151
47

' 4, 202 ' 1, 582
'619
'624
'167
'217
'92
'38

1,978
614
254
43

961
296
16
431
1
12
84

1,199
557
4
402
28
102
37

575
129
39
287
11
14
52

1, 137
483
13
183
4
10
34

890
277
17
316
11
48
120

542
131
41
130
14
90
89

1,000
241
14
281
11
104
162

885
169
19
302
21
35
226

770
132
4
191
24
63
116

656
100
10
336
7
10
107

do
do
do

2,087
1,411
554

1,227
418
631

767
369
389

1,023
352
647

2,186
1,461
439

910
324
459

899
370
448

4,894
3,971
639

1,362
420
881

1,266
443
637

do

946

1,176

564

1, 121

873

533

983

869

754

do
do
do
do
do

718
595
122
59
169

1,029
889
140
70
77

489
405
84
25
50

1,017
606
411
7
97

744
504
241
11
118

460
347
114
15
58

820
542
278
63
100

794
490
304
29
46

600
461
139
9
145

631, 365 389, 004
288, 907 423, 300

647, 477
369, 359

439, 391
231, 298

458, 783
414, 697

448, 393
242, 808

639, 272
189, 716

332
3,152
1, 103
2,002

345
3,231
1,119
2,075

346
3,311
1,140
2,025

346
3,369
1,148
2,133

357
3,431
1,159
2,306

374
3,452
1,226
2,221

of dol__ 553, 658
263, 860
do

4, 511

'925
'290
'9
'320
17
'16
'143

'829
'266
'25
'348
20
'6
'108

910
236
15
317
20
22
100

' 3, 583
' 2, 583
940

'958
338
569

1,364
323
995

640

'908

'809

890

539
405
135
9
92

'832
'612
'220
'9
'66

'764
'556
'208
'17

814
557
257
15
60

880, 865 636, 829
427, 682 294, 892

939, 972
562, 926

r 27

568, 908 r'995, 164
411, 082 244 885

421, 720
244, 766

SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
Bonds

mil. of dol_.
do
do
do

324
3,168
1,047
2,398

331
3,170
1,080
2,208

374
3,410
1,196
2,186

379
3,458
1,257
2,195

359
3,567
1,205
2,408

364

3,549

1,188
2,411

363
3, 546
1,094

2,483

Prices:
Average price of all listed bonds (N. Y. S. E.),
90.99
92.32
96.82
95.69
91.74
90.02
91.28
89. 60
91.60
89.17
91.03
92.47
91.77
total§
dollars..
97.04
91.72
91.12
92.47
95.89
89.64
91.90
91.92
91.41
89.19
91.16
90.14
92.63
Domestic
-- do _
80.72
81.11
82.14
81.67
81.46
80.88
80.80
87.42
80.95
80.92
82.27
82.63
87.88
Foreign
_
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (A1+ issues):
98.1
102.0
98.9
98.0
98.6
104.2
105.5
98.2
98.8
98.7
94.0
93.8
95.0
Composite (21 bonds) cf
dol. per $100 bond_97.0
101. 8
103.4
103.7
100.9
108.0
110.8
99.4
99.4
102.2
102.3
102.3
100.6
100.4
102.2
Domestic municipal (15 bonds)
do
87. 54
91.51
97.17
87.38
89.36
94.78
87.37
85.00
90.13
89.51
85.16
86.21
88.90
U. S. Treasury bonds, taxable©
-do
85.31
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of doL, 123, 517 121, 140 120, 651 122, 594 161, 393 157, 707 165, 314 173, 645 144, 550 199, 318 168, 307 157, 377 149, 949
129, 333 126, 294 127, 385 126, 495 156, 838 146, 107 158, 556 173, 744 139, 007 175, 922 152, 583 138, 914 140. 655
Face value
do
New York Stock Exchange:
121, 728 119,247 119, 220 120, 972 158, 973 155, 965 163,671 170, 334 142, 666 196, 941 165, 266 155, 137 147, 850
Market value _
-do
127, 603 124, 171 125, 769 124, 673 154, 274 145, 264 156, 751 164, 981 137, 114 173, 466 149, 690 136, 747 138, 682
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, total§
thous. of dol__ 113, 936 113, 220 106, 733 119, 875 137, 703 130, 267 135, 872 148, 943 121, 667 150, 585 137, 284 119, 101 121, 943
0
0
0
100
1
0
5
TJ. S Government
do
0
0
0
0
0
0
Other than U. S Government, total§
do _ 113,936 113, 220 106, 633 119, 875 137, 703 130, 262 135, 872 148, 942 121, 667 150, 585 137, 284 119, 101 121, 943
107, 332 106, 551 101, 128 114, 465 131, 844 124, 296 129, 349 142, 361 114, 413 143, 741 131, 689 114, 538 115, 870
Domestic __
do
6,637
5,408
6,598
5,859
5,506
Foreign
_do
6.844
5,966
6.523
4,553
6. 072
7,254
6,577
5.595
T
Revised.
*> Preliminary.
;
^Effective with the July 1959 issue of the SURVEY, estimates are based on the latest revised (1957) Standard Industrial Classification Manual and, for most industries, are not comparable
With previously published data. Comparable data for 1st quarter of 1958 are available upon request.
{Revisions for electric utilities for 1955 and 1956 appear in the July 1958 SURVEY; for 1957 (lst-4th qtr.), in mil. dol.: 396; 330; 328; 358. Revisions for securities issued (SEC) for JanuarvMarch 1957 and 1958 will be shown later.
9 Includes data not shown separately.
§Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average price of all listed braids.
c? Number of bonds represent number currently used; the change in the number does not affect the continuity of series.
©Prices are derived from average yields on basis of an assumed 3 percent 20-year bond. Comparable data back to January 1957 appear in the July 1958 SUBVEY.




SUEVEY OF CUKRENT BUSINESS

S-20
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 195&
1959

1958

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

FINANCE—Continued
SECURITY MARKETS—Continued
Bonds— Continued
Value, issues listed on N. Y. S. E.:
Market value, total, all issues §
mil. of dol__ 118, 287
115, 802
Domestic
do
1,423
Foreign ... . _
_ do

116, 425
113, 955
1,425

110, 165
107, 683
1,462

107, 711
105, 251
1,448

108, 045
105, 549
1,461

109, 238
106, 718
1,481

105, 866
103, 266
1,475

106, 401
103, 768
1,515

107, 215
104, 573
1,525

106, 638
103, 966
1,564

106, 004
103, 343
1,574

106, 396
102, 770
2,539

105, 872
102, 219
2,569

122, 178
119,338
1,762

121, 673
118, 836
1,756

119, 336
116, 455
1,795

117, 407
114, 527
1,794

117, 734
114, 831
1,805

118, 133
115, 204
1,829

115 981
112, 965
1,823

116, 934
113, 883
1,855

117, 052
114, 009
1,856

117, 142
114, 053
1,901

117, 751
114, 652
1,905

118, 746
114, 647
2,905

118, 725
114, 607
2,923

Face value total all issues §
Domestic
Foreign....
Yields:
Domestic corporate (Moody 's)
By ratings:
Aaa
Aa
A
Baa
_
By groups:
Industrial
Public utility
Railroad
Domestic municipal:
Bond Buyer (20 bonds)
Standard and Poor's Corp. (15 bonds)
U. S. Treasury bonds, taxable©

do
do _
do

3.98

4.02

4.17

4.39

4.42

4.40

4.38

4.41

4.43

4.40

4.47

4.60

4.69

4.72

do
do
do
do

3.57
3.78
4.00
4.55

3.67
3.83
4.04
4.53

3.85
3.98
4.19
4.67

4.09
4.20
4.40
4.87

4.11
4.21
4.45
4.92

4.09
4.21
4.43
4.87

4.08
4.18
4.42
4.85

4.12
4.22
4.43
4.87

4.14
4.24
4.43
4.89

4.13
4.23
4.40
4.85

4.23
4 32
4.45
4 86

4.37
4.46
4.61
4.96

4.46
4.56
4.71
5.04

4.47
4.58
4.75
5.08

do
do
do

3.77
3.88
4.28

3.81
3.94
4.30

3.94
4.16
4.42

4.24
4.41
4.52

4.25
4.46
4.56

4.23
4.40
4.56

4.24
4.39
4.52

4.28
4 43
4.53

4.31
4.46
4.51

4.28
4.43
4.51

4 35
4 49
4.56

4.46
4 67
4.67

4.55
4.77
4.76

4.58
4.79
4.79

do
do
do

3.05
3.26
3.19

3.13
3.45
3. 36

3.52
3.74
3.60

3.54
3.96
3.75

3.38
3.94
3.76

3.30
3.84
3.70

3 40
3.84
3.80

3 45
3 87
3.90

3 29
3.85
3.92

3 33
3.76
3.92

3 50
3 84
4.01

3 61
3 97
4.08

3.81
4.04
4.09

3 59
4.04
4.11

806.6
164.8
271.2
7.5

321.0
73.6
123.9
2.3

1, 723. 1
119.2
1, 143. 2
110.7

819.5
173.3
271.8
8.5

314.1
79.0
117.4
2.5

2, 139. 0
268.9
1, 337. 5
141 0

873 7
192.3
269 6
78

387.1
134.4
118.0
2.5

1,798 6
123.7
1, 184 6
105 4

810.7
156.2
275.8
85

9
4
5
2

1,821.1
130.4
1, 210. 0
108 3

852.9
177.4
276.5
7.6

173.2
99.9
18.7
64.3
7.0

1.4
91.1
5.8
14.4
8.5

71.6
151.3
59.0
41.5
26.6

174.4
100.5
19.4
65.4
6.2

1.3
91.5
2.8
13.2
6.4

73 4
161.7
73.8
50.8
31.9

175 1
100.5
29 8
88.2
10.4

1.4
93.4
6.1
23.1
8.2

72 1
156.6
81 2
45.0
30 0

175.8
105.7
21.0
60.2
7.5

16
94 8
25
13 3
66

73 2
160.3
62 1
48.0
28 8

192. 8
107.9
17.7
65.4
7.6

5.28
5.74
2.51
3.27
3.75
4.07

5.26
5.71
2.51
3.27
3.76
4.07

5.25
5.71
2.51
3.25
3.77
4.07

5.27
5.69
2.51
3.32
3.77
4.07

5.22
5.63
2.52
3.35
3.77
4.07

5.24
5.64
2.57
3.40
3.77
4.23

5.27
5.68
2 59
3.40
3 78
4.23

5.35
5.72
2.59
3.40
3.78
4.23

5.35
5.72
2.59
3.40
3.81
4.23

5.39
5.75
2 60
3.40
3 81
4.23

5.41
5 80
2 60
3 40
3 81
4 26

5.41
5 80
2 60
3 37
3 81
4 26

5.41
5.80
2.60
3.37
3.81
4.31

127. 67
144.74
57.74
55. 29

132. 89
151. 57
58.21
60.16

134. 46
153. 48
57.20
61.12

141. 29
161. 34
59.38
66.43

144. 82
165. 03
61.08
69.12

147. 66
168. 37
62.18
72.71

156. 81
177. 75
66.37
73.89

156. 98
176. 93
66 66
74.82

156. 96
175. 43
67.40
75.48

155. 86
174. 47
68.12
73.93

163.87
184 82
67 24
76.95

166. 31
188 58
66 28
77.47

164.71
187 48
64 25
78.55

170. 35
196. 07
66.49
77. 38

4.15
3.98
4.33
5.91
4.53
2.99

3.97
3.79
4.31
5.44
4.54
2.94

3.91
3.72
4.39
5.35
4.43
2.97

3.72
3.54
4.23
4.89
4.15
2.98

3.64
3.45
4.11
4.80
4.14
2.75

3.54
3.34
4.05
4.61
4.09
2.68

3.34
3.17
3.87
4.60
4.00
2.54

3 36
3.21
3 89
4.54
3 92
2 51

3.41
3.26
3.84
4.50
3.69
2.48

3.43
3.28
3.80
4.60
3.95
2.53

3 29
3 11
3 87
4.42
3 98
2 57

3 25
3 08
3 92
4 39
3 73
2 67

percent. .

Stocks
Cash dividend payments publicly reported :f
Total dividend payments
mil. of dol_ 1, 742. 5
118.8
Finance
do
1, 154. 7
Manufacturing
do
118.0
Mining
do
Public utilities:
69.2
Communications
do
150.2
Electric and gas
. _ _
do
61.8
Railroad
do
41.4
Trade
do
28.4
Miscellaneous
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
5.30
Dividends per share, annual rate (200 stocks) .dollars..
5.76
Industrial (125 stocks) _
do
2.50
Public utility (24 stocks)
do
3.27
Railroad (25 stocks) _
do
3.75
Bank (15 stocks)
do
4.07
Insurance (10 stocks) _
do
Price per share, end of month (200 stocks) 9 ---do
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks).-.
___do
Yield (200 storks)
Industrial (125 stocks)
Public utility (24 stock?)
Railroad (25 stocks)
Bank (15 stocks)
Insurance (10 stocks)

_ _

percent
do
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 averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
_
Railroad (20 stocks)
_
Standard and Poor's Corporation:
Industrial, public utility, and railroad :cf
Combined index (500 stocks)
1941-43=10..

8.10
3.60
19.09

7.20
3.53
3.50

317
71
124
3

10.30
3.69
4 12

10.70
3.63
9 52

3
3
4
4
3
2

28
09
05
29
77
71

3.18
2.96
3 91
4.36
3.57
2 67

11.45
3 74
8 15

4.28

4.36

4.45

4.58

4.64

4.65

4.63

4.54

4.52

4.48

4.51

163. 12
471. 97
78.64
117.68

168. 87
488. 28
79.64
124. 78

174. 55
507. 55
78.71
132. 32

179. 36
521. 82
80.06
136. 96

186.56
539. 85
82.07
146. 52

193. 59
557. 10
85.56
153. 80

196. 91
566. 43
88.09
155. 00

206. 21
592 29
91.66
163. 87

205. 02
590. 72
91.03
161. 69

210. 19
609. 12
93.68
162. 56

212 12
616 99
92.58
165 30

44.75

45.98

47.70

48.96

50.95

52.50

53.49

55.62

54.77

56.15

57.10

57.96

57.46

59. 74

47.62
Industrial, total (425 storks) 9 _
do
45.17
Capital goods (129 stocks)
__.do
34.78
Consumers' goods (196 stocks)
do
37.31
Public utility (50 stocks)
do
25.54
Railroad (25 stocks)
_
_do
Banks :J
21.23
N. Y. City (12 stocks)
do
41.44
Outside N. Y. City (17 stocks).
do
28.16
Fire insurance (17 stocks) _
_ _ _ do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
2,771
Market valuej
_
mil. of dol__
93, 976
Shares soldj
thousands
On New York Stock Exchange:
2,340
Market valuej
mil. of doL.
65, 812
Shares soldj
thousands
Exclusive of odd lot and stopped sales (N. Y.
56, 618
Times)
thousands
Shares listed, New York Stock Exchange:
224, 904
Market value all listed shares
mil. of dol
4,883
Number of shares listed
millions..

48.96
46.92
36.01
37.82
26.86

51.00
49.75
37.44
37.50
28.43

52.40
51.34
38.90
37.97
29. 51

54.55
53.60
40.65
39.15
31.23

56.11
55.20
42.47
40.75
33.07

57.09
56.84
43.31
42.05
33.70

59 30
58.98
44.65
43.96
35.53

58.33
59.33
44.23
43.71
35.20

59.79
61.67
45.10
45.06
35.47

60 92
62.10
45 87
45 12
35.94

62 09
64.81
47 12
44 30
36.07

61 75
65.52
47 09
42 58
36.02

64 23
67. 82
49 82
44 21
36.86

21.24
41.94
28.38

21.47
42.62
28.72

22.54
43.98
28.54

23.28
45.25
29.49

23.55
46.68
31.83

24.03
48.16
33.42

24.56
50.35
34.96

25.23
50.08
34.78

26.30
52.09
35.60

24 70
51.37
34 22

25 15
50.47
33 39

25 77
51.15
31 66

26 98
53.00
33 28

3,322
110, 944

3,350
115, 724

3,442
115, 052

4,823
161, 286

3,991
130, 626

4,368
146, 227

4,982
166, 968

3,790 ' 5, 308 ' 4, 805 r 4, 901
133, 963 r!86 246 r!49 631 r!46 658

4,325
123 504

2,829
80, 233

2,895
83, 502

2,922
80, 695

4,172
118, 112

3,407
91, 504

3,682
96, 124

4,195
105, 627

3,143
80, 357

4,330
108 433

3,934
91 630

4 68
214
630
91
166

78
80
33
54

4,119
95 517

4 79
212
631
86
164

34
51
70
46

4.75
221. 03
662 81
89. 10
169 09

3,676
82 027

69, 496

62, 373

71, 972

95, 987

74,366

75, 018

83 253

65,793

82, 450

75 887

70 969

64 351

234, 507
4,903

237, 509
4,906

248, 388
4,916

255, 117
4,933

261, 828
4,959

276, 665
5,017

280, 826
5,075

282, 105
5,089

283 202
5, 106

294 256
5 163

299 044
5 270

298 785
5 463

70 889
_

' Revised.
» Preliminary.
1 Includes $2.71 retroactive mail pay increase.
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.
QFor bonds due or callable in 10 years or more.
fRevisions for 1955-November 1957 will be shown later.
9 Includes data not shown separately.
cTNumber of stocks represents number currently used; the change in number does not affect the continuity of series.
IData not shown in 1957 BUSINESS STATISTICS; indexes prior to August 1956 are available upon request.
JRevised to exclude sales of rights and warrants. Comparable data prior to May 1957 will be shown later.




SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-21

1958

June

July

1959

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)}
Exports of goods and services total
mil. of dol
Military transfers under grants, net
do
Merchandise, adjusted, excluding military transactions©
mil. of dol
Income on investments abroad
__do_ _
Other services and military transactions
do

6,697
111

6, 120
549

6 673
531

5 899
485

4,191
699
1,030

3,806
' 703
1,062

4,176
913
1,053

3,789
664
961

Imports of goods and services,
total
Merchandise adjusted© c?1
Income on foreign investments in U S
Military expenditures
Other serviccso*

5,250
3,166
150
908
1,026

5, 372
3, 124
164
841
1,243

5,425
3 517
188
838

5,440
3 607
181
805
847

do
do
do
_ _ d o __
do

Balance on goods and services

do

+1, 447

+748

+1,248

+459

Unilateral transfers (net) total
Private.
Government-

-1,376
do
-127
do_ __
do

— 1,090
-123
—967

— 1, 147
-142
— 1,005

— 1 105
-141
—964

TJ. S. long- and short-term capital (net), total
Private

do
do

-1,247

Foreign long- and ^hort-term capital (net)
Gold sales [purchases ( — )]
Errors and omissions

do
do
do

-783
—451
—332
+424
+483
+218

-892
—726
— 166
+531
+347
—87

-483
—394
—89
+828
+96
+205

FOREIGN TRADE
Indexes
Exports of U. S. merchandise :t
Quantity
1936-38= 100. _
Value
do
Unit value
- do _ _
Imports for consumption :{
Quantity
_ _ ___
do__
Val'ie
do
Unit value
-do _
Agricultural products, quantity:!
Exports, U. S. merchandise, total:
Unadjusted
1952-54=100
Seasonallv adjusted
__
do
Cotton (incl linters) seas adj
do
Imports for consumption, total:
Unadjusted
do
Seasonally adjusted
__ _ do _ _
Supplementary imports seas adj
do
Complementary imports seas adj
- do _
Shipping Weight
Water-borne trade:
Exports incl reexports §
thous. of long tons
General imports
-- do
Value*
Exports (mdse.), including reexports, total 1
mil. of dol__
By geographic regions: A
Africa
do
Asia and Oceania
- do
Europe
do

-222
-6
+1. 075
+107

266
572
215

266
575
216

264
567
215

257
554
216

300
650
216

300
649
216

2S2
613
218

P260
P568
P219

P237
p 519
P219

P270
v 591
P219

P272
P596
P219

P291
P630
P217

179
494
276

184
509
276

171
469
275

191
523
273

206
562
273

193
529
274

220
599
273

P203
P553
*>272

^200
*> 543
P271

P231
P621
P269

P220
P590
p269

P224
P608
p272

149
169
142

147
190
354

134
167
127

131
141
99

155
140
62

151
127
94

152
124
67

142
133
53

115
111
52

T35
125
78

134
139
76

152
155
82

93
95
103
89

95
106
118
95

89
96
112
84

94
103
109
98

107
123
111
132

100
115
120
112

118
107
126
99

103
90
106
81

113
106
109
104

127
111
113
110

r 118
' 102
101

114
121
110
131

9,299
14, 134

9,293
13, 996

10,240
12, 830

9, 013
13, 614

9, 591
15, 182

8, 890
12, 944

7,031
15,057

7,650
6,149
' 14, 739 13, 995

7,023
15, 473

1,406.3

1,415.6

1,396. 4

1,360. 9

1,598. 9

1, 596. 2

1, 513. 6

1, 400. 4 1, 280. 2

1, 456. 3

1, 468. 0

1,551.8

47.4
239. 6
350.9

47.0
208.2
370.0

46. 6
218.4
359.4

36.2
212 2
345. 0

40.5
224. 0
416. 2

73.7
247.9
412.0

46.8
250. 8
384. 0

62.9
263.9
355.2

52.8
246.1
351.4

55. 1
254. 4
365. 6

58.3
248.4
366. 2

36.3
227.7
304.8

r 103

1, 425. 7

67.2
253. 6
332.0

322.1
306.6
283.5
262. 0
268.9
290. 3
265. 9
321.2
327.1
353. 9
278.0
274.7
349. 5
Northern North America
--- - do
164.0
176.6
161.7
142.9
183.7
168.4
163. 3
166.5
151.0
136.5
149.2
141.7
Southern North America
do
149.0
187.3
170.7
160.0
171.8
192.8
185.5
158.1
165.4
205.3
144.6
158 0
167. 1
South America
do
185 4
Bv leading countries: A
Africa:
5.8
5.9
3.6
3.2
4.3
3.2
4.3
10.5
4.5
3.5
United Arab Republic (Egypt Region) ...do
10.2
3.7
11.7
15.4
17.5
18.0
20.0
18.2
19.1
18.3
12.7
17.8
19.6
Union of South Africa
do
14 6
19 4
18 8
Asia and Oceania:
18.4
22.9
15. 6
14.6
16.0
12.7
21.4
15.4
Australia, including New Guinea
do
13.3
14.2
15.3
17.9
18.5
2.1
2.3
2.9
2.0
2.6
1.5
1.7
1.8
2.4
2.0
2.2
2.4
2 9
Colony of Singaoore
do
26.8
22 7
36.8
36.9
51.2
32.3
42.0
39.0
38. 5
51 7
41 9
India and Pakistan
do
38 2
40 7
72.9
64 1
67.3
59.9
67.3
75.7
51 3
81 0
73 3
Japan
do
72 8
73 5
71 8
70 8
3.8
8.4
4.1
3.3
3.5
4.0
3.5
4.8
4.5
5.0
4 4
4 8
Republic of Indonesia
do
3 6
21.8
34.2
17.9
27.9
16.5
22.1
23 7
24.0
25 0
26 9
20 8
24 9
Republic of the Philippines
do
16 6
Europe:
32.1
31.7
35.9
31.6
25.4
27.5
33.3
33.2
24.6
28.2
23 2
France _ - -_
-do
30 7
20 9
.1
1
(i)
(i)
3
4
.2
0
0
0
East Germany
_ _ do
0
0)
0)
58.4
62 2
61. 1
58.6
53.8
67.8
62 7
52.3
West Germany
do
56 5
60 4
52 0
56 9
56 9
43.4
42.3
41.7
35.9
36.4
35.0
34.7
35.3
34. 5
Italy
_ _
do_.
28 7
25 7
32 2
31 8
q
1
4
1
4
.6
.6
.3
1.5
14
Union of Soviet Socialist Republics _
do
0)
0)
0)
53.4
102.1
81.8
55.8
58.3
74.3
United Kingdom...
_ _ _ _ ..do .
67.0
85. 5
50.9
60.2
61 8
68 9
61 2
North and South America:
322.1
306.5
283.5
262. 0
268.9
265.8
321 1
290.3
Canada
-- _ . _ . _do
278 0
327 1
274 7
349 5
353 9
305.9
327. 5
337.2
325.6
307.4
344.6
3-50.5
293.0
Latin American Republics, total 9
do
289.0
296.6
312.6
260.5
288.7
16.8
20.4
26 5
18 8
23 2
26 4
Argentina
do
18 1
13 2
30 6
15 3
14 2
15 8
18 6
34.9
39.5
Brazil
_
_ _ _ _ _ _ do
46.0
49.5
41 6
39.9
45.0
58 1
29 1
46 2
36 2
°8 4
43 3
9.0
11 2
10 2
15 3
10 5
10 4
Chile
do
13 8
11 1
10 7
10 8
10 4
14 2
10 3
14.2
16.2
14.5
15.6
16 4
Colombia
__ -_
- do
12.8
15.0
13 9
14 2
15 4
17 4
20 2
17 2
40.2
43 2
43 4
42 2
45 7
32 7
Cuba
do
53 1
40 5
32 8
31 1
33 4
38 1
40 1
72.8
60 8
82.6
61 5
68.7
73 3
57 8
Mexico
do
71 8
55 6
59 9
63 2
56 9
6° 4
61.7
71.6
55.8
54.1
60.0
Venezuela
do
64.5
69.5
63.0
60.9
55.8
63.4
69.7
63.0
r
l
Revised.
p Preliminary.
Less than $50,000.
^Revisions for balance of payments for 1919-55 appear in the 1958 Balance of Payments Supplement. Revisions for following periods will be shown later: 1st qtr. 1956-lst qtr. 1958 for
balance of payments; January 1956-February 1958 (general revisions in both exports and imports); July-December 1955 and January-May 1954 (total exports and certain components only);
also for 1941-54, private relief shipments of food products, formerly included with finished manufactures, have been shifted to the manufactured foodstuffs class.
©Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing.
cTExcludes military expenditures.
tRevised series; see similar note in September 1958 SURVEY.
^Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
IData include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construe
tion" shipments) are as follows (mil. dol.); June 1958-June 1959, respectively—98.7; 129.0; 113.2; 121.6; 181.3; 188.5; 135.0; 114.5; 96.7; 81.2; 125^.1; 140.9; 78.1.
AExcludes "special category" shipments.
9Includes countries not shown separately.




SUEVEY OF CUKRENT BUSINESS

S-22
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August

1958
June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— Continued
Exports of U S merchandise total^
mil of dol
By economic classes:

1,394.3

1,401.9

1,382.0

1,351.1

1,584. 1

1, 581. 6

1, 493. 6

1, 384. 8

1, 266. 0

1,441.3

1, 452. 1

1, 535 3

1, 409. 5

175.5

160. 4
120.0
77.3
186.5
837.7

160.7
108. 8
88.7
182.6
810. 2

199.1
114.6
104.4
222.4
943. fi

195. 8
109. 0
87.9
213.4
975.6

161.4
124. 1
90.9
191.9
925.2

143.4
130. 0
78.6
189.2
843. 6

113.3
107. 8
65.8
175.8
803.3

134 0
120 1
76. 7
191.9
918.6

131 9
113 4
78.8
203.6
924. 5

141 1
131 2
90. 6
214 9
957.5

133 6
12? 1
92.1
203.3
858.4

Crude food stuffs
do
Manufactured foodstuffs and beverages - do
Semimanufactures Q
do
Finished manufactures 9
- do
By principal commodities:
\gricultural products, total©
__do

1 1 2. 6
103.4
168.4
834. 5

183. 5
104.7
88.2
1 69. 2
856.3

327. 5

314.9

293. 4

297.2

357. 0

341. 8

337.5

310.0

249.5

292. 0

296. 5

325. 1

304.9

Cotton unmanufactured
__ do
Fruits vegetables, and preparations
do
Grains and preparations
do
Packing-house products
-_. do
Tobacco and manufactures
do

61.5
37.7
112.0
17.7
30. 9

63. 9
30.9
109.7
19.7
32.0

28.4
28.2
120.4
17.8
36.3

30.2
31.6
110.4
18 9
52. 6

25. 2
40. 4
117.1
22.1
71.3

45. 6
28.8
109. 5
24 2
47.8

39.8
28.7
119.5
19.1
43.0

30.0
23.4
130.1
23.7
26.4

26. 5
24.5
104.7
20.0
18.8

36.3
27.3
118.6
21.4
31.8

31.7
29.5
111.0
20.6
24.6

31. 1
33.1
129.8
22 4
26. 5

29.7
37. 5
122. 5
22.4
26. 1

1,066.8

1,087.0

1 ,088. 6

1,053.8

1 , 226. 5

1, 239. 8

1,156.1

1,074.8

1, 016. 4

1,149.3

1,155.6

1,210.1

1, 104. 6

99.7
113.3
50. 5
44.4

92.6
109.2
45.4
42.1

84.1
109. 5
55.6
42.7

80.4
106. 1
47.9
45.9

97.3
119.9
47.6
60.1

114.9
117.9
42.7
57.5

127.7
113.5
31.8
44.6

104.0
115.2
34.3
45.1

104.2
116. 6
25.6
44.0

118.0
122.2
29.9
51.0

118.1
119.5
31.9
52.7

118.3
130. 1
34.2
53.6

105. 2
121.2
29.4
58.5

do _

319.0

312.0

298.8

289.3

316.1

319.8

313.9

287.8

291.2

326.9

354.0

356.3

329.2

do
do
do _
do
do

10.9
29.1
79.2
28.7
157.7

10.3
28.5
80.2
28.6
151.8

8.7
23.2
76.2
27.7
150.3

8.1
22.5
80.2
22.5
142.3

7.9
24.1
89.2
27.6
152.7

8.1
18.2
91.7
33.2
154.9

8.3
17.8
92.8
35.7
143.0

8.5
22.3
70.1
29 3
142.9

10.8
25.8
71.9
25.4
142.3

14.1
31.7
81.2
27.1
158.1

16.2
33.8
80.8
32.0
166.5

15.8
35.1
88.6
32.4
169.6

16.3
34.9
74.8
24. 2
164.4

38.2
43.8

50.4
40.4

52.9
46.9

44.7
46.7

49.0
54.8

51.0
49.5

39.4
47.7

40.8
44.6

35.7
42.8

39.2
53.5

45.2
49.3

42.7
54.4

42.0
47.8

1,031.3 o 1,049.1

950. 2

1,074.0

1.141.8

1, 089. 0

1,253.4

1,154.2

1, 118. 1

1,300 9 ••1,220.9

1,263.8

1, 369. 4

41.1
184.2
286.1

25.7
181.5
251.3

38.0
178.3
285.3

46.2
193.7
319.8

35.9
181.6
316.1

53.5
209.8
353.6

43.6
216.7
339.6

47.9
198.1
312.4

59.7
240.7
370.6

57.0
239.0
376.6

42.3
231.4
393.9

49.8
264.8
399.7

235.1
235.4
Northern North America
do
151.0
144.3
Southern North America
-- do
184.5
173.7
South America
do
By leading countries:
Africa:
6.0
1.7
United Arab Republic (Egypt Region)., do
7.3
9.3
Union of South Africa
do...
Asia and Oceania:
7.2
9.1
Australia including New Guinea.
do _ _
1.5
2.9
Colony of Singapore
do
15.3
13.2
India and Pakistan
do_ __
60.5
52.0
Japan
-do
9.9
18.1
Republic of Indonesia
do
30.7
25.9
Republic of the Philippines _
do.. _
Europe:
28.5
21.7
France
do.
.8
.7
East Germany
-do
54.3
48.1
West Germany
__
do
23.1
19.5
Italy
do
3.4
.4
Union of Soviet Socialist Republics
do
78.8
59.8
United Kingdom
do
North and South America:
235. 3
235.0
Canada
do
292.4
280.3
Latin American Republics, total©
do
10.0
8.0
Argentina
__do
35.6
47.7
Brazil
do
10.3
12.1
Chile
do __
17.1
33.1
Colombia
do
50.9
51.8
Cuba
do. __
34.5
30.4
Mexico
do
74.2
71.9
Venezuela
- do
Imports for consumption, total
mil. of dol__ 1,013.6 «1,043.8
By economic classes:d*
220.6
214.1
Crude materials
do
134.2
146.7
Crude foodstuffs
do
133.2
147.1
Manufactured foodstuffs and beverages
do
218.8
216.6
Semimanufactures
_
do. __
350.6
308.9
Finished manufactures
do __
By principal commodities:^
313.2
289.4
Agricultural products, total©
do
12.5
13.8
Cocoa (cacao) beans, incl shells
do
87.2
76.5
Coffee
do
5.2
5.0
Hides and skins
- do
12.3
13.7
Rubber, crude, including guayule
do
53.4
52.1
Sugar
- do
10.4
10.5
Wool and mohair unmanufactured
do
764.1
724.2
Nonagricultural products, total©
do
6.0
3.7
Furs and manufactures
do __
68.4
94.3
Nonferrous ores, metals, and mfs., total©._do
9.8
29.1
Copper, incl. ore and manufactures
do
4.5
13.0
Tin including ore
do
25.0
27.8
Paper base stocks
do
51.9
51.7
Newsprint
- - - do
141.1
141.2
Petroleum and products
do

210.0
110.3
171.4

257.9
125.7
188.7

252.2
120.2
209.7

230.0
123.3
202.1

233.0
161.1
242.5

184.9
163.7
205.7

193.9
160.8
205.1

227 9
175. 1
226.9

234. 5
139.7
174.2

264.7
138.2
193.3

301 6
143.3
210.1

.6
4.3

.2
8.2

.1
8.4

.3
5.2

.3
10.7

4.5
7.8

.7
10.6

6.6
9.0

1.1
10.4

.4
7.6

.4
11.1

4.6
2.3
14.6
60.8
11.4
24.5

4.3
2.7
18.8
55.4
15.3
22.2

8.4
4.1
14.6
64.1
18.4
20.5

5.4
2.9
16.3
62.3
14.1
21.4

10.6
4. 1
20.7
66.3
16.4
15.5

10.8
3.6
20.3
66.6
17.6
19.9

12.5
2.9
16.6
60.4
18.1
18.8

11.7
2.6
22.0
83.1
12.6
27.4

19.8
1.6
23.0
79.5
15.9
25.8

16.7
1.7
21.9
78.1
13.6
27.8

18.3
2.5
20.3
88.9
22.9
29.4

24.2
1.1
48.8
23.2
2.0
60.3

23.7
.1
55.8
20.1
1.9
78.0

31.5
.9
57.2
33.2
2.3
82.8

30.0
.2
57.3
26.1
.8
84.3

36.2
.6
65.5
31.9
.6
84.3

32.1
.4
65.2
26.8
4.2
82.0

28.6
.3
60.1
25.2
3.1
79.9

34.3
.3
70.6
28.6
2.3
89.7

33.8
.3
75.2
29.2
1.5
95.7

43.4
.3
75.2
31.9
1.0
102.5

42.0
.9
80.2
32.5
18
98.0

209.4
248. 2
8.7
36.2
13.3
29.1
39.9
25.0
64.5
961.4

257.7
276.0
11.2
44.3
11.8
30.3
44.3
30.8
68.7
1,071.7

252.1
289.7
11.4
49.9
13.7
36.5
32.7
32.6
77.7
1,153.3

229.6
292 7
11 4
51 2
13 2
31 4
34 2
35 3
75 0
1, 084. 8

233 0
354 1
17 1
69 4
19 3
25 9
35 9
43 2
87 5
1, 229. 1

184 7
313 7
12 0
43 3
20 9
22 8
29 3
46 3
84 7
1, 134. 5

193.8
316 9
8 6
52 5
15 5
28 4
32.9
49 9
82 1
1,113.3

227.9 ' 234. 5
264.5
286.9
306.1
345.2
10.9
12.1
13.2
49.5
60 8
53 8
15.6
17.0
15.8
22.7
23 9
30.8
50.1
43.6
49.7
42.6
53.2
40.4
61.4
62 4
91.8
1, 274. 0 a, 209.0 1,247.3

301.4
322.2
15 7
38 5
17.3
31 4
54.4
34 9
86 9
1, 335. 5

220.1
120.4
119.4
197.8
303.7

238. 8
137.3
131.1
236.8
327.8

244 5
173 0
130.3
241.2
364 2

222 7
159 5
128.6
219 4
354 6

266 6
192 6
128.3
259.9
381 7

262 7
145 4
120.1
242 5
363 7

243 8
165 6
110.8
255 5
337 6

255 7
176 4
130.3
303.9
407 7

236.6
153 9
142.6
258.2
°417 8

246 0
161 0
142.1
261 5
436 6

287 9
136 6
147.7
306 1
457 2

284.6
5.1
73.2
4.7
19.1
41.4
9.2
676. 8
3.6
57.6
7.3
7.2
25.5
46.1
123.8

302.8
6.2
83.5
35
20.2
43.5
11.3
768.9
4.8
93.8
8.6
7.7
28.5
48.7
129.1

334.9
7.2
109.0
4 5
22.8
32.0
16 1
818.4
3.3
72.2
18.2
8.9
29.2
55.2
142.7

316.0
7.5
100.6
4 0
22.5
30.6
15 6
768 8
3.7
74.2
19.3
6.4
27.7
55 9
135.6

369.4
34 1
103 5
5 2
30 8
32 1
18 0
859 7
21 4
81.5
20.8
9 2
28.4
54 3
166 7

328.4
18 3
79 6
6 4
32 7
35.9
21 3
806 1
15.1
81.3
15.3
13.1
29.5
43 2
158.5

333.8
12 7
108 2
5 5
29 5
37 7
18 7
779 5
10 0
70.7
16.2
9 5
27 2
44 2
166 7

370.8
14 8
106 0
9 7
28 9
47 5
23 8
903 1
9 8
91.4
20.8
10 2
26 7
51 7
173 4

353.7
15 6
84 3
89
26 2
46.6
21 9
C
855 4
8 5
86.4
17.2
9 4
29 5
54 1
102 6

360.8
16 5
93 0
7 9
28 4
51 5
21 o

336 8
14 9
74 3
90
29 1
52 3
18 7
998 7
89
111.0
26 6
19 7
29 9
59 5
142 2

Nonagricultural products total©

do

Automobiles parts and accessories
Chemicals and related products!
Coal and related fuels
Iron and steel-mill products
Machinery total?©

-

Agricultural
-Tractors parts and accessories
Electrical
-M!etalworking§
Other industrial
Petroleum and products
Textiles and manufactures
General imports total
By geographic regions:
Africa
Asia and Oceania.
Europe

r

do
__do_ __
do
- do

-

-- - do
do
mil. of dol
do
do__
do _

45.5
185.6
246.8

c

r

886 5
7 9
91.9
20 6
8 9
27 7
60 3
98 9

a
Revised.
* Preliminary.
Adjusted for difference in carryovers; detail not adjusted.
« Corrected.
tSee similar note on p. S-21.
ISee similar note on p. S-21.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
©Includes data not shown separately.
§ExcIudes "special category, type 1" exports.
cf See similar note in September 1958 SURVEY.




~

.

_

SUEVEY OF CURRENT BUSINESS

August 1950
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-23

1958
June

July

1959

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-.

62, 149

22, 658
8,037
3,574
2, 280

64, 014
22, 820
8,276
3,453
2,236

64, 193
28, 224
8,098
3,662
2,381

61, 693
28, 187
8,189
3,432
2,100

59, 370
29, 487
9,123
3, 563
2,101

49 046
24, 262
8 347
2, 957
1,777

46, 180
25, 379
11,834
2,740
1,779

29, 667
10, 095

27, 477
8,309

30, 449
10, 474

33,940
12, 268

33, 363
11,832

30, 671
8,737

17.0
Fares average cash rate®
cents
'620
Passengers carried, revenue©
millions-105.4
Operating revenues©--__- - mil. ofdol-.
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals):
875
NTumber of reporting carriers
Operating revenues, total
thous. of dol 939, 824
901, 029
Expenses, total
do
57, 750
Revenue freight carried
thous. of tons

17.1
597
107. 1

17.2
590
104.5

17.3
641
104.8

17.3
695
116.7

17.5
635
108.9

r

57, 179
'r23, 157
8 979
' 3, 202
2,053

56,018
23, 237
8.630
3,077
1,913

64, 024
28, 043
9 875
3, 644
2,295

62, 214
26, 675
9,459
3, 680
2,250

63 098
27, 457
9,444
3,748
2,284

41,998
16, 154

29 420
8, 136

29 049
8,414

33,966
13,075

31 403
11,839

30 471
11, 330

17.6
693
122.2

17 6
641
111.3

17 7
605
105.9

17 7
673
115.8

17 7
608
117.4

17 8
667
115.9

17 9
630

Express Operations
Transportation revenues
Express privilege payments

thous. of dol
do - -

_

Local Transit Lines

Carriers of passengers (quarterly totals):
141
Number of reporting carriers
106, 509
Operating revenues total
thous of dol
94, 597
Expenses, total
do
60, 532
Revenue passengers carried
_ __ --thousandsClass I Railways
Freight carloadings (A. A. R.):c?
2,491
Total cars
thousands
467
Coal
-- do
23
Coke
do -_
148
Forest products
- do

r

875
966,732
925,025
58,010

872
1,102,247
1,062,336
65, 724

907
1,073,069
1,025,246
65, 892

139
126, 167
100, 764
63, 630

142
102 303
91, 471
59, 118

136
90 618
85 757
51 851

2 142
259
20
128

3,146
560
29
192

2 570
460
28
156

2,733
477
31
161

3,135
583
42
190

2 186
467
34
135

2 742
557
42
176

2 291
446
38
148

2 398
412
44
158

2 489
407
44
155

3 419
546
55
206

2 813
471
42
164

2 249
251
28
154

265
15
'205
r
165
1, 085

317
24
276
237
1,511

214
34
221
200
1,256

264
50
210
191
1,349

291
40
174
218
1,596

201
18
56
156
1,121

267
24
76
192
1 408

214
15
62
168
1,199

204
19
75
176
1 312

191
22
127
171
1 373

243
28
365
209
1 767

240
17
319
162
1 397

242
15
190
156
1 214

106
93
71
118

97
62
67
110

107
93
75
125

114
99
92
131

117
98
99
131

112
100
112
125

101
100
115
112

101
94
109
119

101
92
120
120

106
84
137
127

111
85
139
127

120
92
142
136

120
92
134
134

100
61
78
130

do
do
do
do
do

172
32
182
28
114

196
28
188
27
107

173
35
194
30
114

158
64
202
33
124

188
88
179
30
127

166
55
119
28
124

148
32
51
26
110

156
36
55
25
110

151
27
55
27
113

142
33
66
28
124

135
40
129
27
131

140
39
269
27
136

173
30
278
26
133

171
27
141
25
115

do
do
do
do_

103
93
73
114

93
62
69
110

104
93
79
119

106
90
93
121

109
98
101
124

110
100
112
128

109
100
109
126

111
94
104
133

111
92
113
125

113
84
136
127

115
85
141
127

118
92
144
130

p 115
92
136
129

96
61
81
129

169
37
118
28
110

164
37
117
27
106

160
36
129
30
113

141
49
134
31
115

188
57
122
29
117

169
43
122
28
119

157
33
165
27
117

156
38
221
26
120

154
34
218
27
123

155
42
229
28
128

153
44
173
27
133

159
44
173
27
134

169
35
180
26
129

143
35
88
25
114

83, 218
39, 354
29, 433

92,047
29, 034
46, 830

61, 094
17,558
28, 959

33, 307
9,750
11, 903

18, 030
4,266
4,738

17, 173
2,935
5,260

35, 328
8,379
10, 918

54, 397
18 732
17 220

38, 294
13 392
10 754

29, 389
10 786
7 286

25, 745
12 111
3 726

24, 255
12 024
1,731

20, 619
10 271
636

47, 166
8 517
28 415

569
614
2,694
6,402
1,577
Car shortage, total? _ _ -- do
2 316
399
1,441
525
2,096
Boxcars
__
do _ _ .
1,794
5,217
17
Gondolas and open hoppers
_
do
183
60
537
442
1.017
Financial operations:
846.9
779.5
833.6
Operating revenues, total 9
mil. of doL _ r 791. 7
809.5
903.0
724.5
648.5
700.0
Freight - _
_ _ _
__do
666.0
688 7
777.2
52.1
64. ]
65.4
63.0
51 2
50 5
Passenger
- _-do
627.4
Operating expenses
do _
620.4
629.9
630.1
623.8
651. 2
Tax accruals, joint facility and equipment rents
111.9
100.5
mil. of doL . r104.1
105.5
123.3
137.1
Net railway operating income
___ _
do
93 6
67. 3
80 2
91 8
114 7
51. 6
30.9
Net income. .
__ do _
49.4
74. 5
72.7
63.1
96.8
Operating results:
Freight carried 1 mile
mil. of ton-miles-_ 47, 113 43, 945 51, 174 50, 164 54, 643 50,131
Revenue per ton-mile
cents.1.516
1.458
1.417
1.475
1.460
1.416
Passengers carried 1 mile, revenue
millions.2,396
2,212
1,806
2,368
1,706
1,689
Waterway Traffic
Clearances, vessels in foreign trade:
Total U. S. ports thous. of net tons. - 12, 724 13, 045 13, 606 12,916 13, 702 12, 538
Foreign vessels
_. _ _ . _.- do
10, 648
10, 430
11,227
10, 741
11 292
10 357
United States vessels. _
do
2,294
2,379
2,397
2,175
2,410
2,181
Panama Canal:
3,911
4,086
3,494
4,102
Total
thous. of long tons—
4,072
4, 098
In United States vessels
do
986
949
1,087
1,087
873
988
r
Revised.
» Preliminary.
©Revisions back to January 1956 will be shown later.
cf Data for August and November 1958, and January and May 1959 cover 5 weeks; other months, 4 weeks.
©Revisions for February and March 1955 and 1956 appear in the April 1958 SURVEY.
9 Includes data not shown separately.

540
362
169

256
9Q9
25

771
628
96

1 034
636
281

1 439
707
251

2 161
1 058
518

4 087
1 721
1 826

1 681
1 257
188

Grain and grain products
do
Livestock
do
Ore
--- - .- do
Merchandise, 1. c. 1
do
Miscellaneous. _ do
Freight carloadings (Federal Reserve indexes) :
Total, unadjusted .
1935-39=100
Coal
do
Coke
do
Forest products
do
Grain and grain products Livestock
... _
Ore
Merchandise, 1. c. 1 _Miscellaneous
Total, seasonally adjusted©
Coal
Coke
-- -Forest products

-

-. -

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




241
18
208
178
1,208

r

836.8
684.9
66 9
656 0

784
660
57
644

2
5
9
5

748. 3
637 8
49 0
609 2

857. 9
734 6
51 4
655 5

856.4
736 8
48 3
6527

879.5
756 9
50 5
667 9

899.8
765 7
61 5

103.2
77 6
88 4

103.5
36 2
21 5

99.3
39 8
20 0

123.2
79 1
58 0

121.3
82 3
62 4

124.2
87 5
71 7

89.4

46, 661
1.488
2,205

47, 625
1 434
1 924

45,360
1.441
1,567

51, 232
1 462
1 705

51, 231
1 474
1 582

55, 440

12 472
10 526
1 946

12, 687
10 948
1,739

11 010
9 398
1 612

12 365
10 428
1 937

11 837
9 785
2 052

4,106
846

4,365
953

4,231
853

4 726
1,055

SURVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1950

1958

June

July

1959

August SeptemOctober
ber

Novem- December
ber

January

February

March

April

May

June

July

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
Average sale per occupied room
_
dollarsRooms occupied
_
_ _ __ .percent of total. _
Restaurant sales index
same month 1929 =100. _
Foreign travel:
U S citizens: Arrivals
number. _
Departures
- do
Aliens' Arrivals
_
do
Departures
do
Passports issued and renewed
do
National parks visits
thousands
Pullman Co.:
Revenue passenger-miles
millionsPassenger revenues
_ __ thous. of dol__
COMMUNICATIONS
Telephone carriers:
Operating revenues 9
_
thous. of dol .
Station revenues
- do
Tolls, message
_ _ d o _ __
Operating expenses before taxes
do
Net operating income
. -do
Phones in service end of month
thousands
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of dol
Operating expenses, incl depreciation
_ 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

8.73
69
280

8.17
60
242

9.14

8.84

9.37

9.07

8.22

8.56

8.64

67

69

8.28

9 11

8.48

9.08

262

266

275

257

246

267

262

241

284

303

294

141, 362
196,429
91. 989
86, 052
73, 251
3,095

189, 470
205, 112
105, 749
86, 129
59 062
5,116

242, 940
173, 204
111,245
91, 482
46 924
5,507

188, 348
128, 860
111,897
79, 353
38 039
2,026

140, 998
105 437
87, 446
69 529
33 715
1*297

109, 133
91,980
72, 553
60 40g
27 829

114,610
117 916
73, 596
59 826
47 645

116,907
127 525
64, 870
53 505
58 Oil
439

149, 720
147, 625
82 244
65, 889
85 624

139, 397
143 809
82, 374
63 647
95 319

142, 717
159, 403
95, 324
78, 907
92 912
1,304

165, 005

553

105. 190
115,074
75, 125
76, 559
30 445
378

397
6,153

337
5,209

346
5,347

283
4,389

305
4,726

297
4,645

415
6,440

318

5, 845

6,130

311
5,063

590, 595
339, 292
197,218
360, 538
97, 391
56, 834

595, 002
337, 800
203, 105
370, 246
93, 851
57, 044

599, 589
339, 333
204, 719
362,219
99, 959
57, 269

601, 052
343, 959
201, 615
363, 844
100, 471
57, 563

619, 977
351 685
212, 139
383 520
100, 407
57 873

602, 677
348 792
197.100
360 489
102, 644
58 133

635, 298
357, 897
219. 084
398, 769
99, 651
58, 466

624, 712
357 305
208 774
376 929
102, 108
58 730

610 076
354 640
19/242
363 912
101 758
58 972

641, 342
359 774
223, 274
387 868
105, 114
59, 240

20, 229
18,011
1.335

19, 789
18, 825
94

20, 981
18,483
1,679

21, 276
18, 873
1,726

22, 706
19, 594
2,506

19 053
17, 585

926

20 257
16,612
3,287

20 938
18, 657
1,264

19 Q21
17 275
1,680

2,899
2, 245
382

3,029
2, 501
247

2,575
2, d362
40

2,830
2,211
357

3,006
2,239
505

2 682
2,011

3 095
2,204

3 015
2,281

637

464

3, 395
2,725
551

o cyo

3,588
2,686
798

3, 645
2,837

3 856
2.887

3,458
2, 804
560

3 876
3,185

3 722
2,929

2, 851
619

65

69

701

75

876

65

432

54

619

392

370

668

66

585

72

706

68

268

255

4 356

4,124

69

98, 709
83 517
3 127

509
940
214
350
496
556

648, 389
364 745
222 550
388 853
108, 174
59 860

22 381
18, 676
2,664

21 878
18 485
2 355

21 920
18, 920
1,959

2 801
2 211

2 960
2,274

349

430

3 021
2 356

2 888
2 413

3 506
2*720

3 884
2,923

3 824
2 949

651

829

3 949
2' 922

400.2
80 9
77 4
341 5
82.7

413.1
82 5
88 8
T 3g8 §
r
88 3

386.8
87 9

268.1
4 652
168 2

261 7
4 727
163 6

233.0

413. 1

643
363
219
387
106
59

395

900

65 496

214

750

CHEMICALS AND ALLTED PRODUCTS
CHEMICALS
Inorganic chemicals, production: |
Ammonia, synthetic anhydrous (commercial)
thous. of short tons..
Calcium carbide (commercial)
do
Carbon dioxide liquid, gas and solid
do_ __
Chlorine gas
do
Hydrochloric acid (100% HC1)
.
do. .

336.3
59.7
84.7
279.6
64.3

294.7
63.4
92.2
283.4
60.3

280.6
72 4
90.6
293 6
65.7

304.8
76 5
75.4
304 1
66.9

326.0
81 8
70 2
335 1
76.7

333.9
88 3
57 9
335 4
78.0

324.6
92 8
58 3
335 2
75 8

338.8
79 2
62 4
331 4
80 3

326.5
81 7
59 6
310 9
78 3

384.1
95 3
69 4
351 8
85 0

175.5
Nitric acid (100% HN Os)
do_- 3,067
Oxvgen (high purity)
mil of ou. ft
139.3
Phosphoric acid (100% PsOs)§ thous. of short tons
Sodium carbonate (soda ash), synthetic (58% Na2O)
338.4
thous. of short tons
7.7
Sodium bichromate and chroma te
do
318.4
Sodium hydroxide (100% NaOH)
. - - -do
Sodium silicate (soluble silicate glass), anhydrous
32.8
thous. of short tons
Sodium sulfate (Glauber's salt and crude salt cake)
53.2
thous of short tons
Sulfuric acid:
1, 225. 1
Production (100% HsSO^
do
Price, wholesale, 66°, tanks, at works
22.35
dol per short ton
Organic chemicals:cf
Acetic acid (synthetic and natural), production
47, 906
thous. of lb_
89, 871
Acetic anhydride, production
_ _
do
1,695
Acetvlsalicylic acid (asDirin), production
do
Alcohol, ethyl:
38, 858
Production
thous of proof gal
37, 738
Stocks, end of month, total—
do
35, 113
In industrial alcohol bonded warehouses do
2, 624
In denaturing plants.
...
__do
Used for denaturation
do
35, 802
Withdrawn tax-paid .
do
800
Alcohol, denatured:
Production
_ thous. of wine gal19, 288
19, 352
Consumption (withdrawals)
do
5,865
Stocks, end of month _
_.
. d o

191.8
2,874
139.8

196.9
3,315
133.4

223.7
3 497
138.7

254. 5
3 983
144 4

258. 1
3 620
144.6

244.8
4,019
143.3

240 8
3 992
151.0

241.0
4 016
145.6

267 2
4 656
166 9

345.5
3.8
317.4

375.7
7.8
325. 0

366. 7
9 8
330.3

393.9
9 6
367.8

378.1
9 8
374.0

361 4
9 0
372 8

357.0
97
364. 4

362 3
85
335 6

416.8
9 6
387 2

404. 5
10 9
375. 9

434 6
10 4
402 2

30.3

40.0

38.7

45.8

49.7

43.6

35.5

33.3

43.3

53 8

55 1

T

r

349 5
87 6

147 9

387.9

55.4

60.2

72.4

69.3

67.9

65 6

69.4

61.7

71.8

72 6

72 1

1, 218. 2

1, 242. 1

1, 262. 6

1, 455. 6

1, 479. 5

1,494 8

1,464.3

1,406.3

1, 579. 9

1, 595. 9

1 578.6

1, 469. 5

22.35

22.35

22 35

22 35

22 35

22 35

22 35

22 35

22 35

22 35

22 35

^22 35

48, 148
80, 769
1,602

50, 791
86, 445
1,372

53, 644
90, 452
1 456

54, 087
89, 683
1,990

57,311
79, 908
1,745

49, 688
92, 145
1 530

58, 614
90, 525
1,890

47, 290
79, 951
1,387

57, 570
86, 949
1,512

48,729
90, 445
1 797

57, 734
89 656
1 610

39, 339
37, 757
34, 840
2,917
36, 320
600

39 751
38, 669
36 100
2, 570
38 389
625

38 136
30, 754
27 712
3,042
43 741
725

40 470
26, 569
23 225
3,344
41, 875
583

39 019
30, 672
27 583
3, 089
34 173
581

41 576
32, 562
29 697
2, 865
39 333
635

38 143
28, 593
26 299
2,293
39 112
692

35 795
31,671
28 771
2,900
33 474
634

42 995
29' 645
27 127
2 518
43 267
714

46 684
28, 947
26 623
2,324
43, 112
685

r 44 gos
28, 625
25 792
2 834
42 ? 943
753

47 628
32, 747
29 962
2,785
42 494
771

19, 598
18, 831
6,808

20, 620
19 549
7,794

23, 630
24 483
6,974

22. 647
22 731
7,017

18,371
19 399
5,975

21, 207
22, 131
5, 128

21,007
21 723
4,449

18, 041
18 184
4,311

23 243
23 507
4 107

23, 195
22 939
4.358

23 105
21 888
5 559

22, 870
21 609
6 744

9, 354
Creosote oil, production
thous. of gal _
11, 152
8,471
8, 520
8, 620
9,155
7,423
10,417
6,917
7,819
8,727
9,081
12, 722
DDT, production.
.-thous. of lb_
11,422
12, 745
12, 173
12, 932
12, 291
11,197
14 095
12, 629
12,387
13,041
13, 440
Ethyl acetate (85%), production
do
6,872
8, 552
6 821
9 654
9 121
6,548
6 908
10 339
8 681
8 441
5 394
7 189
88, 210
94 036
97,210
99, 151
Ethylene glvcol, production
_ _ _ _ _ _ do
91 187
89,410
99, 042
88, 983
87, 747
85 493
90, 277
94 677
108, 888
87, 472 117,207 134,494 148,011 135, 867 128, 716 137, 067 129, 545 148, 461 144, 117 141, 493
Formaldehyde (37% HCHO), production
do
Glycerin, refined, all grades:
17, 944
15, 331
Production
do
19 354
23 464
20 064
17 902
20 500
22 000
21 998
19 900
21 100
24 600
21 000
16, 394
Consumption}
_ _ do
15, 502
17, 224
18 997
16, 458
15, 742
16,317
Stocks, end of month J
do
46, 324
44, 800
49, 737
43, 087
42, 400
40, 622
40, 362
42, 149
43 100
40, 403
39, 600
38, 900
36, 700
Methanol, production:
192
135
Natural _ _
thous. of gal__
175
153
149
155
158
149
113
142
156
203
21 144
16, 092
17, 034
20 151
21 698
21,295
22 179
18, 268
20 670
Synthetic
do
19 774
22 837
18 849
24, 107
34. 223
28, 844
Phthalic anhydride, production
thous. of lb._ 23, 426
23, 995
29, 018
25. 300
27, 570
21,830
34.911
29. 571
33'. 316
r
d
Revised.
* Preliminary.
Deficit.
9 Includes data not shown separately.
^Revisions to be published later are as follows: Inorganic chemicals, 1956 and January-July 1957 (also 1955 for phosphoric and sulfuric acid); glycerin, January-April 1957 for consumption
and January-September 1957 for stocks.
§New basis; to convert data on old basis, multiply by .3622.
d"Data (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.




SURVEY OF CURRENT BUSINESS

August

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-25

1958

June

July

1959

August September

October

Novem- December
ber

January

February

March

April

May

! June
1

July
1

CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
Consumption (10 States)©
Exports, total 9 1
Nitrogenous materials
Phosphate materials
Potash materials
_

901
__thous. of short tons__
- -short tons_ 492, 271
54, 721
do
389, 777
_
do
_
_-do ___ 37, 403

279
534, 793
35, 378
435, 342
55, 605

200
486,231
45, 502
391, 706
38, 256

340
477, 045
25, 558
399, 136
46, 594

435
412,294
70, 755
300, 839
29, 577

367
396, 415
67, 836
262, 518
53, 373

329
341 , 862
64 923
214,930
41,441

411
338. 184
53 558
249, 661
25. 648

581
447, 716
122, 223
276, 337
30, 316

1,491
476, 844
83, 044
319, 450
62, 689

1,799
464,114
43, 281
354, 754
58, 321

1, 488
471,229
39 425
375. 558
40, 118

789
473, 002
40 778
393, 906
26, 446

139, 356
91,075
52, 527
7,169
11,858

109. 724
73, 692
39, 458
6, 795
9,618

174, 920
107, 992
27, 279
10, 294
36 820

234, 742
137, 158
30, 108
21,610
37 224

239, 379
144, 484
55, 972
11, 110
56 584

167, 444
56, 333
12, 060
5,394
30 160

191,448
128, 743
49, 875
12,942
31 863

136,003
82, 371
23, 456
4, 003
28 390

222, 337
126, 272
28, 019
14, 243
45 387

271,328
153,100
48, 461
10,987
48 412

304, 488
163, 525
45, 283
8, 642
51, 184

210, 864
129,819
53, 239
9,864
15 349

233, 441
143 529
38, 837
33 270
20 582

Imports, total 9 1 do _ _
Nitrogenous materials total 9
do
Nitrate of soda
_
_ do _
Phosphate materials
do
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses
dol per short ton

49.75

49.75

49.75

49.75

49.75

44.50

44.50

44. 50

45.50

45. 50

45. 50

45.50

* 45. 50

57, 283
Potash deliveries
short tons_
Superphosphate (100% available phosphoric acid) :
175, 632
Production
short tons
318,569
Stocks, end of month
do
MISCELLANEOUS
Explosives (industrial), shipments:
132
Black blasting powder
_ _ _-thotis.of lb_
68, 234
High explosives
do
Sulfur (native):
384
Production
_
_ _ _ _ _ _ thous. o f long tons. _
4, 662
Stocks (producers'), end of month
_ ___ _ do

114, 434

221, 480

115, 781

205, 581

102, 269

249, 613

113,247

166, 899

276, 146

360, 096

193 210

85, 226

158,615
370, 762

147, 263
366, 491

170, 431
336, 078

210, 373
323, 380

211, 183
359, 511

215, 867
378, 734

225, 616
385, 448

236,354
383,647

265, 920
299, 965

257, 522
179, 589

241, 940
163, 268

193
61, 432

238
73, 594

305
77, 177

269
79, 494

209
70, 349

208
70, 643

352
61,215

205
67, 404

127
73, 523

316
86, 657

208
80 427

124
80 096

359
4,721

356
4, 666

336
4, 652

348
4, 530

360
4,462

378
4,442

346
4,427

318
4,376

374
4,325

391
4,248

389
4,156

347
4 079

25, 253
23, 535
23, 812

24, 348
24, 859
20, 838

28, 112
28, 926
1.9, 246

27, 242
25, 023
18, 962

31,717
29, 979
21, 232

29 063
27, 545
21, 006

27 800
20. 464
27, 337

29, 500

30 500

25 300

26 200

29 700

95 3i)o

199, 863
127, 154
240, 242

204, 902
114, 480
244, 046

211, 439
139, 076
233, 414

208, 670
148, 658
223, 785

244, 362 235 123 '224,100
148, 309 '128,314 1 140, 084
269, 182 250. 408 286, 508

240, 000

229, 600

221,600

236, 500

236 600

226 800

26, 791
9, 064
96, 601

28, 497
9,079
105, 984

30, 888
10, 645
113, 242

27, 854
12, 875
113,333

8, 658
12, 162
119, 975

7,802
9, 582
106, 315

13,800
10, 507
99, 800

600
7, 000
110, 200

100
5,400
133 700

300
6, 200
117 600

3 100 r 18 500
T
6,300
6 900
103 400 r 117 200

17 900
6 700
119 300

450
539

457
464

495
502

489
527

526
351

521
312

507
251

430
214

-thous. of lb_- 118, 025
34, 301
do
1,731
_
do __
32, 570
do

80, 536
57, 327
838
56, 489

105, 692
41, 963
1,982
39, 981

114,613
51, 193
2,677
48, 516

92,018
46, 675
441
46, 234

44, 250
39 805
2 487
37.318

109, 658
43 575
4 142
39, 434

130, 391
37 009
453
36, 556

41, 991
37 664
4' 331
33, 333

71,731
49 966
4 475
45, 491

177, 159
50 671
1,908
48, 763

26, 329
16, 221
23, 557

30, 079
11, 760
24, 694

27, 376
15,283
32, 619

28, 942
8, 348
17, 383

23, 593
11 170
24 580

23, 724
9 071
24 854

27, 400
10 400
26, 899

22 500
4 400
18 107

22 500
3 800
21 448

33, 859
34, 506

38, 934
41, 287

35, 084
34, 853

37, 404
40, 658

30, 475
28 275

30, 446
30, 504

35, 100
31, 200

28, 900
27 700

49, 230
31, 065

61, 720
41, 855

56, 384
35, 219

61,365
40, 429

46,212
28, 050

48 323
29, 291

49, 339
10, 700
33,018

54, 372
10, 555
19, 448

50, 566
9, 544
21, 535

42, 477
9, 351
20, 803

49, 914
9,721
15, 542

50 200
12, 776
15, 634

47, 500
14, 470

81
132
175

305
148
331

482
307
507

1,642
711
1,437

1,104
590
1,951

526
547
1 930

59, 542
112, 475

69 370
78, 441

135, 067
71,215

328, 600
116,105

280 400
106, 724

45, 054
37, 972

48 129
33, 025

96, 315
49, 061

238, 700
1 22, 625

49, 368
82, 658
8,877
130
.201

47 029
91, 901
11, 574
95
.201

70, 434
96, 931
10, 662
72
.180

143, 997
120,921
11,232
103
.173

FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases: eft
Tallow, edible:
Production
thotis
Consumption factory^
Stocks (incl refined grades), end of month _
Tallow and grease (except wool), inedible:
Production
- - __ _
Consumption factory^
Stocks (cxcl refined grades), end of month

of Ib
do
do. _
do
do
do_

Fish and marine mammal oils:At
Production
do
Consumption, factory
do
Stocks end of month
do
Vegetable oils, oilseeds, and byproducts:!
Vegetable oils, total:
Production crude
- - __mil. o f l b _
Consumption crude factory
do
Stocks, end of month:
Crude
do
Refined
-do
Exportsf
Im ports totalf
Paint oils
All other vegetable oils

Copra:
Consumption, factory
_
short tons _ 28, 675
14, 512
Stocks end of month
do
28, 440
Imports
do
Coconut or copra oil:
Production:
Crude _ .__
thous. o f l b - 36, 716
38, 462
Refined
do
Consumption, factory:
Crude
.
_ __
do __ 55, 274
37, 092
Refined _ __
___do
Stocks, end of month:
41, 881
Crude
do
8,707
Refined
do
9,462
Importsf
- -do
Cottonseed:
12
Receipts at mills
thous. of short tons. 127
Consumption (crush)
do
225
Stocks at mills, end of month _ _ _ _ _ _
do __
Cottonseed cake and meal:
55, 749
Production
short tons
Stocks at mills, end of month
do_ - 162, 223
Cottonseed oil, crude:
43, 206
Production
_ thous. oflb
Stocks, end of month
do _ _ 45, 678
Cottonseed oil, refined:
66, 351
Production
_ . _
do
84, 589
Consumption, factory. _
do
8,674
In margarine
do
169
Stocks, end of month___
mil. oflb~
.201
Price, wholesale, drums (N. Y.)
dol. per lb__
Flax-seed:
Production (crop estimate)
_thous. of bu__
Oil mills:
1,364
Con sumption
do
Stocks, end of month. _ __ _
_
do _
1,547
Price, wholesale, No. 1 (Minneapolis)- dol. per bu__
3.00
r
3

1

430
388
246
142

91. 571
44 Oil
4' 094
39 316

30, 000
8 400
38,311

28 200
13 000
33 108

32 300
8 700
25 999

28, 900
26 100

38, 400
36 000

36, 500
36 400

41,400
35 400

36 600

37 100

37, 300

r 33 400

29 900

8 948

17 409

22, 873

21 260

15 08^

125
547
1,507

59
440
1 126

29
433
723

6
324
406

179
233

14
117
130

260, 300
78, 464

252, 300
79, 600

201 800
103, 800

195 200
139, 800

151 500
166, 400

85 900
170' 500

55 100
153, 700

202 400
163, 368

184 600
172 300

188, 100
170, 100

152 600
162, 500

148 900
182 700

116 500
113, 800

65 400
r 87' 100

41 500
63 500

142 372
119, 590
14 292
181
,174

150 155
106 697
13 862
'l84
.174

143 100

113 900

116 800

106 300

69 900

60 800

12 600

12 900

10 ^00

8 800

8 700

8 60')

.160

.160

.160

.160

.179

P. 179

2 279
2 832
2. 99

1 664
2 164
2.97

i 886
1 004
2.99

1 1?9
489
3.01

1 671
2 093
3.03

2

1,000
2,064
3.23

1,872
2,968
3.10

2, 559
5, 868
3.00

2 571
5, 646
2.99

2 245
5 266
2.97

T

186
50
2
48

IY

39 543
2 164
3 879
3,00

3 93 931

1 354
1 739
3.01 1

Revised.
» Preliminary,
1 Beginning October 1958 excludes quantities used in refining but includes refined quantities (formerly excluded). 2 December 1 estimate of 1958 crop
August 1 estimate of 1959 crop.
estates 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 (tbous. short tons): 1958—January-March, 219; April-June, 331; July-September, 76; October-December, 34; 1959—January-March, 316.
9 Includes data not shown separately.
cTFor data on lard, see p. S-29.
tRevisions for 1957 will be shown later as follows: Fertilizer exports and imports; total vegetable oil exports arid imports; and coconut oil imports.
^Revisions will be shown later covering 1955, 1956, and January-September 1957 (also 1954 for edible tallow) for production, consumption, and stocks of commodities affected.
^Consumption figures for edible tallow exclude quantities used in refining; those for inedible tallow, etc., include such quantities through September 1958 only.
ABeginning 1955, data may include some refined oils (not formerly included): consumption figures exclude data for cod, cod liver, and other oils., and stocks"include only the quantities of
these oils held by producing firms.




SURVEY OF CURRENT BUSINESS

S-26
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959

1958

June

July

1959

SeptemDecemAugust
October November
ber
ber

January

February

March

April

May

June

July

CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Continued
Linseed oil, raw:
Production!
thous, of lb__
Consumption factory
do
Stocks at factory, end of month J
do_
Price, wholesale (Minneapolis)
dol. per lb__
Soybeans:
Production (crop estimate)
thous ofbu
Consumption factory!
do_
Stocks endofmonthj
do
Soybean oil:
Production:
Crude
thous. of Ib
Refined
_.
do
Consumption factory refined^
do
Stocks, end of month: {
Crude
_ _
do
Refined
- do__
Price, wholesale, refined (N. Y.)
dol. per lb__
Margarine:
ProductionJ
thous. of Ib
Stocks (factory and warehouse), end of mo do
Price, wholesale, colored, delivered (eastern U. S.)
dol. per lb_.
Shortening:
Production!
thous of Ib
Stocks end of month
do

26, 343
39, 901
77, 364
.137

19, 147
39, 646
57, 279
.137

37, 155
42, 831
52, 087
.136

51, 486
40, 343
60, 034
.131

52, 278
40, 636
70, 576
.132

43, 738
32, 319
94, 998
.129

45, 472
30, 614
81, 493
.130
1

45, 500

33, 400

37, 300

22, 400

33, 500

26, 800

.126

.128

.128

.126

.125

p. 125

36, 687
94, 310

33, 967
86, 450

36, 010
73, 993

34, 583
61, 543

36 387
50 673

33 157
44 883

2

28, 706
36, 194

29,956
30, 916

31, 620
13, 990

25, 066
13, 871

33, 470
98, 112

33, 530
107, 704

574,413
34, 443
98, 610

310, 913
299, 924
307, 519

327, 856
251, 997
268, 445

340, 868
279, 672
308, 269

269, 825
281, 373
316, 579

352, 574
274, 815
302 844

351, 240
294, 040
280, 674

359, 893
310, 939
305, 428

385, 500

355, 300

380, 800

365 600

385 500

355 200

222, 903
119, 796
.166

243, 232
120, 324
.155

238, 214
98, 526
.155

148, 462
82, 047
.155

126, 969
65, 799
.155

147, 253
88, 432
.157

173, 100
105, 703
.157

215, 100

243, 300

250, 600

249, 200

280, 900

256, 500

.150

.145

.145

.145

.145

P. 145

112,912
33, 906

120, 884
32. 406

118,020
30, 752

136, 552
26, 794

143, 623
34, 743

129, 009
32, 157

148, 300
38, 400

149 400
34, 000

149, 000
38, 400

132 100
41 500

123 600
43 200

115 700
36 300

122 700
33 500

.262

.262

.255

.255

.248

p. 251

175.9
106.5
69.4

.272

.265

.265

.265

.262

.262

.262

158, 180
132, 324

151, 599
122, 856

168 755
115,321

177 044
117,739

206 994
121 294

176 594
125, 180

161 494
127, 250

158.5
103. 5
55.0

149.6
97.6
52.0

149.2
92.7
56.5

145.6
92.1
53.5

141.0
83.1
57.9

123.0
70.1
52.9

108.7
57.3
51.4

125. 5
71.2
54.3

120.7
67.7
53.0

150.7
87.7
63.0

170.7
103. 0
67.7

173 0
104.1
68 9

4.043
6,176
231

3,497
6,911
205

3,549
8,734
229

3, 947
8, 215
223

3, 717
10, 035
271

3, 475
8. 542
227

4,238
8,432
161

4,580
8,810
294

3, 852
7,954
290

3,713
9 049
288

4, 634
9,432
317

3 882
8 191
315

31, 176
47, 513
21,049
57, 986
29, 677
9,238
10, 743
68, 068
15,343

28, 476
40, 988
17, 940
53, 747
28, 552
8,876
8,962
70, 035
14, 389

34, 270
47, 199
25,128
69, 672
28, 314
11,076
7, 991
68. 064
15, 820

39, 900
55, 257
28, 302
82, 133
30, 375
10, 665
8,730
75, 252
15, 816

46, 205
58, 823
30, 108
88,551
32, 558
11,327
12, 433
79, 309
19, 386

43, 786
62, 560
27, 692
85, 649
26, 262
10, 382
9,246
78, 666
18, 666

44, 295
61,003
26, 503
81, 563
26, 901
10, 145
10, 842
83, 692
19, 137

44, 008
62, 241
29, 1 62
83, 659
30, 683
10, 469
11,041
87,
329
3
23, 057

41,819
60, 905
27, 693
82, 937
29, 649
10, 194
10, 712
78,
419
3
21, 592

47, 956
73, 706
30, 064
92, 310
34, 023
10 604
14,783
95
133
3
26, 164

44, 943
67, 625
31, 565
92, 122
36, 373
r
12, 413
15, 691
98,312
3 25, 903

46 567
73 915
30 370
98 884
35, 723
12 507
14, 068
104
549
3
24, 192

531 43<J

PAINTS, VARNISH, AND LACQUER§
Factory shipments, total
Trade products
Industrial
finishes

mil. of doL
- do
do

SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
thous. of lb__
M^oldin? and extrusion materials
do
Nitrocellulose sheets, rods, and tubes.
do _.
Phenolic and other tar acid resins
Polystyrene
TJrea and melamine resins
Vinyl resins
A.lkyd resins
Rosin modifications
Polyester resins
Polyethylene resins
Miscellaneous

do
__do__
do
do.
- do_ __
do.
- do
do
- - do_ __

-

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), totali
63, 280
66, 324
61, 327
60, 689
62, 416
67, 227
60, 968
65, 889
60, 875
mil. of kw. hr _ 58, 196
63, 394
67, 390
65, 381
54 991
56 645
53, 993
55 357
54, 158
51 927
53 921
59, 21 1 59 943
58 352
55 807
Electric utilities total
do
59 840
57 661
45 451
43, 258
44 543
48 458
43 487
40, 343
43, 383
48 652
43 637
43 376
46 327
48 586
45 924
By fuels
do
10, 814
11,292
10, 735
11, 584
11, 608
10, 753
10, 671
12, 025
12, 170
11, 194
10, 545
By water power
do_
11, 737
11 254
44, 479
44, 853
45, 760
43, 767
41, 976
Privately and municipally owned utilities. _ _ do
48, 090
48, 688
43, 938
43, 587
45, 376 T 46, 872
47, 369
49. 001
10, 504
10, 226
11, 121
11,256
9,951
10, 512
10, 885
10, 334
10, 431
10, 220
Other producers (publicly owned) _
do__
10 839
10, 983
10 790
6,634
6,696
7, 060
6,336
6,269
6,953
7, 113
7,284
7 587
6,810
Industrial establishments, total
do
7 550
7,537
7 720
6,382
6,822
6,466
6
554
6,082
5
990
6
690
6,870
6
999
7
264
7 411
By fuels
do
7 247
7 284
253
230
238
263
243
256
253
279
285
267
323
By waterpower
- - do
290
309
48, 338
48, 997
49, 233
47, 845
50, 337
52, 461 r 51, 140 r 51, 427
Sales to ultimate customers, total (EEI)|__.
do
45, 746
46, 646
50, 434
50, 410
Commercial and industrial :
8, 699
9,494
8,364
8,915
8,419
9,366
8,564 r 8, 810 r 8 647 T 8 549 »• 8 429
Small light and power
- -- do_
8 673
23 445
24 335
23 817
22 261
Large light and power
do
22 439
23 878
24 447 r 24 301 »• 23 826 r 25 052 r 25 049
25 743
289
304
372
284
Railways and railroads.
_ _
__do_
291
293
300
339
333
307
355
289
12 893
12 943
12 462
14 420 r 16 363 r 15 741 r 14 848 r 13 907
Residential or domestic
do
12, 416
12, 898
12 062
12 975
794
791
1,244
Rural (distinct rural rates)
_ _
_ _ _ __do_
1,313
900
921
1,083
1,170
868
860
1,021
1 088
493
389
Street and highway lighting _
_ do ._
419
526
454
448
560
563 r 509
424
380
497
1 127
1,074
1,079
1.094
1,149
1,083
1 096
1 r171
Other public authorities
do
1 r167
1 150
1,077
1 161
r
61
53
48
56
Interdepartmental
_
do
63
56
47
60
56
51
57
56
Revenue from sales to ultimate customers (Edison
786, 752 805. 924 836, 854 840, 944 821, 511 814, 725 848, 962 885, 725 r 872,263 * 858,995 842, 723 841 988
Electric Institute) t
thous. of dol
GAS
Manufactured and mixed gas (quarterly ):cf
3, 025
2,910
Customers, end of quarter, total
thousands-3, 152
2, 878
Residential (incl. house-heating) ..
do_ _ _
2,715
2,823
2,940
2, 686
192
199
Industrial and commercial
do
__
210
191
Sales to consumers, total
mil. of therms
612
302
553
960
451
Residential (incl hou?e-heating)
do
396
183
748
111
153
Industrial and commercial
do
148
205
46.9
Revenue from sales to consumers, total- _mil. of dol..
78.6
82.6
121.7
34 1
64.5
Residential (incl house-heatin^)
do
60 9
97 6
12.4
17.2
23.4
17.6
Industrial and commercial
do. _
r
2
3
Revised.
p Preliminary.
1 December 1 estimate of 1958 crop.
August 1 estimate of 1959 crop.
Beginning 1959, includes protective coatings; earlier data (which exclude such
coatings) are not comparable.
{Revisions will be published later as follows: Linseed oil, production and stocks (January 1957); soybeans, consumption and stocks (March 1957); soybean oil, consumption and refined
stocks (March-May 1956), crude stocks (April 1956 and August-September 1957); margarine, production (1955, 1956, and January-September 1957); shortening, production'(March 1956 and
January-August 1957); electric-power production (January-October 1957); electric-power sales and revenue (January-December 1956). Electric-power production revisions for 1956 appear on
p. 20 cf the March 1958 SURVEY.
§Data are based on a new and improved sample; they relate to specific products instead of the former "customer" classification. Comparable figures for January-March 1958 will be
published later.
cfTotals include data not shown separately. Revisions for 1st and 2d quarters of 1956 and 1957, and 1st quarter of 1958 are available upon request.




SURVEY OF CURRENT BUSINESS

-August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-27

1958
June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

Juno 1
t

8,672
7,969
11, 069

9, 586
8,823
11,314

July

ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly):^
Customers, end of quarter, total
thousands. _
Residential (incl. house-heating)
do_
Industrial a n d commercial . , . _ _ . . . _ _ d o _ _ .

27, 727
25, 563
2,132

27, 920
25, 779
2, 107

28, 668
26 391
2 242

28, 950
26 625
2,289

Sales to consumers, total _
_ .._ ..mil. of therms.
Residential (incl. house-heating) .
do
Industrial and commercial
. ...do-.-

17, 554
5, 608
11, 296

14, 396
2,281
11,346

20, 245
6 615
12 577

27, 604
12 966
13. 543

946.4
528.5
399.1

671 8
282 5
368 6

1 110 1
615 0
463 1

1 687 1
1 093 1
559 4

Re venue from sales to consumers, total
Residential (incl house-heating)
Industrial and commercial

mil. of dol
do
do

FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
9,568
Production
thous. of bbL.
8,580
Taxable withdrawals
do
11, 223
Stocks, end of month
do
Distilled spirits (total):
Production
thous. of tax gal _ 12, 208
Consumption, apparent, for beverage purposes
thous. of wine gal-- 16, 935
13, 802
Tax -paid withdrawals
- _thous. of tax gal
858, 281
Stocks, end of month
do
1,978
Imports
thous. of proof gaL_
Whisky:
7,563
Production
thous. of tax gal._
6,955
Tax-paid withdrawals
_
- _ _ _ do_ Stocks, end of month.
_ do 750, 528
1,736
Imports
thous. of proof gal
Rectified spirits and wines, production, total 9
6,415
thous. of proof gaL.
Whisky.
_ _ _.
...
_ _ _ _ do __
5,066
Wines and distilling materials:
Effervescent wines:
284
Production
thous. of wine gal
199
Taxable withdrawals
_ . _
.-do _
2,140
Stocks, end of month___
_ do _
53
Imports
._
__do_ _ Still wines:
1,414
Production
__
do
11,178
Taxable withdrawals
_ _ -do
Stocks, end of month...
do. _ 127, 727
589
Imports
do
1,481
Distilling materials produced at wineries
do

9,712
8,945
11, 446

7,680
8,184
10, 470

7,227
7,185
10, 053

6,824
6, 893
9, 586

5,810
5, 852
9,212

6,834
6, 651
9, 005

6, 353
5, 565
9,437

5,894
5,346
9,631

7,702
6, 717
10, 161

8, 679
7,510
10, 842

7,672

9,758

24, 794

39, 878

25, 054

24, 177

21,966

20, 431

22, 076

23, 407

16, 398
11,411
852, 617
2,438

17, 407
13, 056
845, 697
2,052

16, 562
13, 809
845, 026
2,947

21, 547
19, 727
843, 626
3,392

21, 259
15, 870
844, 385
4,277

25, 806
10, 175
854, 946
3,280

i 15, 134
11,043
861, 884
1,801

i 15, 328
11.545
866, 203
1,851

i 18, 674
12, 978
872, 725
2,330

i 17, 153
13, 354
878, 849
2,548

1

4,282
5,219
747, 534
2,219

4,033
6,815
742, 319
1,815

9,172
7,062
741, 769
2,587

15, 188
10, 374
742, 531
3,010

14, 220
8, 699
744, 602
3,875

16, 343
5,347
753, 073
2,898

14, 441
5,901
759, 106
1,568

13, 994
6,311
763, 704
1,680

14, 468
6,635
768, 349
2, 054

15, 509
'6,311
774, 235
2,280

14, 532
6, 599
779 245
2, 359

5,922
4,837

5,946
4,533

6,865
5, 429

10, 892
9,069

8,849
7,480

5,776
4,536

5,141
3,939

6,144
5,013

6,304
5,046

6,379
5,069

6,803
5,316

159
146
2,140
43

259
136
2,243
38

113
212
2,124
58

201
306
1,986
99

185
353
1, 795
131

268
389
1, 635
123

224
197
1,645
37

321
149
1, 797
43

381
189
1,974
50

295
177
2,069
56

301
216
2,138
68

1,336
10, 117
115,921
599
2,154

3,109
11, 037
109, 499
580
13, 298

47, 185
12, 668
145, 116
677
115, 853

78, 613
13, 945
209, 363
827
154, 877

15, 228
12, 631
212, 516
979
35, 661

6, 111
13, 487
200, 303
946
13, 353

2,384
11, 349
190, 040
522
3,111

2,392
11,173
177, 318
522
1,579

2,987
13, 334
169, 404
703
2,537

2,895
11,870
157, 280
668
2, 531

1,764
10, 924
149, 553
889
4,498

144, 730
170, 575
.586

126, 910
190, 439
.586

97, 710
178, 352
.594

86, 740
145, 671
.613

91, 895
119,703
.598

90, 610
93, 347
.594

105,110
69, 295
.613

115, 980
63, 708
.588

106, 985
64, 033
.589

120, 955
63, 294
.588

126, 715
82, 278
.588

142, 745 135, 825
104, 138 r 138, 224
.587
.588

157, 150
118, 445

135, 430
100, 715

117.135
85, 890

103, 785
72, 660

101, 925
68, 425

95, 955
62, 785

101, 625
64, 405

100, 550
67, 325

96, 050
65, 175

117,415
79, 700

128, 060
90, 935

152, 345
113,820

353, 801
315, 778
4,360

364, 804
319,160
3,281

363, 026
315,275
2,840

350, 449
304, 842
4,197

327,843
282,444
5,755

302, 999
257, 405
6,277

293, 189
249, 042
6,648

269, 469
235, 998
5,320

260, 100
227, 830
4,853

257, 271
226, 083
5,649

283, 189
248, 748
4,879

310, 107 ' 347. 725 369, 317
272, 216 '307', 301 327. 282
5, 148
4,268

.388

.389

.389

.390

.391

.390

.384

.381

.382

.382

.380

.380

.380

5,900
271, 200

5,050
249, 700

4,175
215, 200

4,700
184, 000

4,700
162, 500

3,670
132, 600

3,700
138, 200

3,700
143, 500

4,640
140, 900

5,400
182, 200

5,150
208, 200

5,600
269, 900

6. 100
269, 600

8, 136
270, 743

7,346
333, 421

5, 838
373, 684

7,440
387, 966

5, 956
353, 048

5, 604
274, 851

4, 537
190, 141

3,936
135, 833

3,791
92, 420

5, 087
83, 814

4,859
106, 198

5,741
193, 121

6, 444
288, 979

2,633
11,928

3,017
9,730

2,486
3,338

3,112
4,358

2 922
S, 568

3,962
29, 793

2,985
19, 853

2,691
5,057

3,127
2,083

2,708
5,131

3,854
4, 362

3,486
4,524

2, 653
5,983

21, 961
18, 175
13, 972
884, 492
2,669

18, 097

2,517

2,236

62

696

DAIRY PRODUCTS
Butter, creamery:
Production (factory) t
-- - ..thous. of lb_..
Stocks, cold storage, end of month
do
Price, wholesale, 92-score (New York) _ _ -dol. per lb_.
Cheese:
Production (factory), total t
. _ _ . _ _ thous. of lb__
American, whole milk}
do
Stocks, cold storage, end of month, total. _ _ _ . do
American, whole milk
do
Imports _
. _ _ - _ _ _ _ _ . _ _ _ _ do _Price, wholesale, American, single daisies (Chicago)
dol. p e r l b _ _
Condensed and evaporated milk:
Production, case goods:}
Condensed (sweetened)
-thous. of Ib
Evaporated (unsweetened)
_ . .do
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of Ib
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened)
..
do
Price, manufacturers' average selling:
Evaporated (unsweetened).
.._ . dol. per case-Fluid milk:
Production}._. _ _ . _ - mil. of Ib
Utilization in manfactured dairy products}- _.do
Price, wholesale, U. S. average
dol. per 100 Ib
Dry milk:
Production:}
Dry whole milk . . .
_
thous. of Ib
Nonfat dry milk solids (human food).
. do
Stocks, manufacturers', end of month:
D r y whole milk- _ _ _ _ _ _
_
do
Nonfat dry milk solids (human food)}
do
Exports:
Dry whole milk
do
Nonfat dry milk solids (human food)
do
Price, manufacturers' average selling, nonfat dry
milk solids (human food)
dol. p e r l b _ .

144, 637
. 593

150, 940
112, 460

6.11

6.11

6.15

6.15

6.14

6.14

6.15

6.16

6.17

6.17

6.17

6.15

6.16

1.2, 332
5,170
3.66

11,450
4,535
3.86

10,487
3,681
4.05

9,492
3, 255
4.32

9, 455
3,293
4.40

8,889
3,127
4.49

9,371
3,490
4.44

9,754
3,725
4.34

9,344
3,490
4.22

10, 667
4, 083
4.06

11,171
4, 328
3.89

12, 595
4,362
3. 75

12, 128

8, 600
203, 000

7,650
153, 200

6,750
112, 000

7, 050
91, 450

7,100
98, 800

5, 400
98, 050

5, 500
121, 100

7,050
137, 100

6,500
130, 150

7,300
155, 800

7,000
175, 400

8, 400
208, 900

8,450
195, 600

10, 067
144, 521

10, 123
134, 483

9,189
113, 936

9,515
95, 315

9,273
82, 383

7,282
79, 744

6,211
87, 1J3

6,390
87, 475

6, 203
86, 460

6, 025
78, 807

6, 235
88, 636

6,864
125, 248

7, 055
144, 615

2,348
31, 053

1, 754
15,912

1,888
22, 450

9, 024
7,551

2,340
10, 698

3,798
10, 822

1,875
32, 366

3, 961
12, 524

1,577
6,931

1,812
13, 743

1, 779
19, 885

1,535
53, 505

2, 203
21, 920

. 380

. 136
.137
.136
.137
.136
.136
.136
.136
.136
.136
.136
.135
. 135
Revised.
* Preliminary.
1 Data for Alaska, i n eluded b eginning January 1959, are at follows ( thous. of A vine gallons) : Janmiry. 30; F jbruary, 26; March 32; April , 49; May , 45.
cf Totals include data not shown separately. Revisi ons for Is t and 2d q uarters o 1956 and 1957, and 1st quart 3r of 1958 are availa 3le ur)on •equest.
9 Data boginniu g July 1958 exclude production of w ines and ^ T ermouth for July L957-June 1958, sue) i product!on totalec i 1 12,000 gal.
^Revisions for the indicated items and for the pericxls specif ed are av ailablc u ton reque ?t as folio ws: Butti r, cheese (total anc [ A merit'sin), dry vi hole milk , and rion fat dry m ilk solids
(production) —January 1955-August 1957; condensed mi] k and eva porated n liik and f uid milk used in < lairy proclucts — Juiinary 1956-August 1957; fin d milk ( productio n) — JanUciry 1956December 1957; nonfat dry milk solids (stocks)—Januar y 1954-De comber K)56.
r




SURVEY OF CURRENT BUSINESS

S-28

August

1958

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown In the 1957 edition of
BUSINESS STATISTICS

June

July

August

1959

S

<C"| October

Novem- Decem-

ber

ber

January

February

April

March

June

May

July

FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thou^ of bu
Shipments carlo t
no of carloads
Stocks, cold storage, end of month
thous. of b u _ _

rl

126,610
2,494

r

895

- 118 707

2, 225
14, 244

2,249
7,876

3,893

r

1. 577

298

7,016

8,285

8,846

8, 592

r

6. 649

5, 521

458, 198
297, 741
761, 248

404, 354
396, 238
687, 121

361,374
418,899
647, 899

305, 726
487, 091
637, 920

286, 046
595, 481
593, 334

362. 245
633. 096
623, 129

487, oil)
573, 794
725. 720

12, 271

15, 333

14, 383

17, 297

17, 155

16, 437

3 225

2.888

2 925

3 130

2 783

4 219

5.000

T> 5 450

63, 597

61 601

69, 439

73 190

58 932

64 140

62 830

72, 163

70 769

19, 825

17, 430

10, 746

13, 606

14, 238

12, 378

12, 673

12, 585

11, 430

13, 731

44, 270
306, 800
10, 678

48, 520

47, 924

46, 918
225, 368

47, 149

47, 639

43, 524

13, 684

9,622

7,135

12,912

11,492

5,994

1.328
1.229

1.204
1.146

1.182
1.137

1.182
1.145

1.172
1.132

1.190
1. 163

1. 169
1.139

1.214
1.175

11, 732
22, 440

12, 088
23, 259

12, 333
27, 006

13, 802
33, 229

11, 531
47, 306

99, 309

91,470

88, 563
344. 2

90,153

109, 234

13, 207

13, 389

17.052

15, 698

20, 564

1. 344
1.273

1. 340
1.255

1.266
1.115

1.149
1 . 068

14 915

32 517

12 292

13, 113

31,451

38, 519

449
364

147
140

33
175

838
16.401

2, 366
54, 123

1,790
47, 409

5, 899
Oitrus fruits, carlot shipments
no. of carloads _ _
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. oflb.. 425, 922
464, 068
Fruit juices and purees
_. _ _ do_
550, 078
Vegetables
do
Potatoes, white:
Production (crop estimate)
thous of cwt
17, 132
Shipments carlot
no of carloads
Price, wholesale, U. S. No. 1 (New York)
4.783
dol per 100 Ib

4, 793

3,880

2, 696

2, 263

502, 334
412, 398
650, 924

536, 253
356, 516
793, 100

539, 084
292, 215
860, 752

10, 992

6,623

3.315

63, 960

37, .547

2, 136
27, 955

1,997
20, 912

4, 112

9,065

7,809

530, 821
245, 039
904, 594

511, 597
206, 758
899, 570

493, 172
222, 71 1
846, 853

9,085

10, 368

10, 100

3.213

3.125

2 863

59, 113

68, 248

60, 046

13, 532

10, 637

31, 833

31, 923
62, 768
9,559

41,601

45, 005

14, 423

1.310
1. 215

1,545

i 263,782

r
r
r

r

566

2

245, 992
8, 838

2

406, 857
21, 156

16, 378

GRAIN AND GRAIN PRODUCTS
Exports (barlev corn oats rye wheat)
Barley:
Production (crop estimate^
Receipts, 4 principal markets J Stocks, domestic, end of month:
Commercial . _ _ _ _ _
On farms
Exports includin^ malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight

thous o f b u

1

do
do_
do_
do
do

3

dol. per b u _ _
do

Corn:
Production
(crop estimate)
mil o f b u
12, 053
Crrindin tr s wet process
thous of bu
24, 303
Receipts inte r ior primary markets
do
Stocks, domestic, end of month:
107, 622
Commercial
do
1,031. 6
On farms
mil o f b u
10, 753
Exports including meal and flour
thous o f b u
Prices, wholesale:
1. 350
No. 3, yellow (Chicago)
dol. per bu._
1.284
Weighted average, 5 markets, all grades
do_
Oats:
Production (crop estimate)

mil o f b u
6 533
Stocks, domestic, end of month:
8,224
Commercial
do
3
274, 338
On farms
do
2, 688
Exports including oatmeal
do
.641
Price, wholesale, No. 3, white (Chicago) __dol. per bu. .

3,313
.664

3

1 202,549
2, 120
866
.642
.621

Rye:
Production (crop estimate)
thous of bu
Receipts interior primary markets
do
Stocks, commercial, domestic, end of month. -do_ _
Price, wholesale, No. 2 (Minneapolis).._dol. per bu._

mil o f b u
do
do
thous of bu
do
do

do
do

35, 645

4,474

35, 140
3 64, 227
12, 077

34, 988

6,918

1.180
1.139

1.228
1.183

1. 235
1.197

1.207
1. 155

1. 165
1. 160

12, 547
36, 402

* 12,751

2

115,583
79, 224

169, 218
112, 412

4

11,742

4

4

4

12, 724
28, 388

4

28. 388

1 1 759
33, 166

100, 026
2, 696. 0
19, 277

97, 973

105, 231

109, 792
1, 815. 9

16, 444

16, 721

13,597

16, 679

21,452

1, 115. 4
19, 737

1.117
1.074

1. 167
1.096

1.171
1.098

1.179
1.101

1.207
1.130

1.283
1.218

1.290
1.225

1.289
1. 246

5 162

3, 672

1 1,422
7 381

9 140

5 741

7 206

6 474

9 140

9 348

33, 943

28, 297

25, 672

23, 013

22, 183

19, 659

17, 298

4, 040
. 699

3,328

20, 154
587, 576
2 218
.676

133, 123
60, 326

90, 282
92, 837

1,830
.612

952 f.fifi

3,122
. 698

2, 100

(5)

125,914
105,497

168, 809

28, 329

57,019

42, 520
r

120, 285

92, 062
54, 010

121,421 ' 116, 813 104, 622

.676

.700

.694

4,412
.700

115,677

110,076

77, 788

68, 975

96, 452
50, 769

93, 618
62, 920

127. 557
74, 501

53, 396

55, 578

73. 452

78, 735

74, 871

93, 683

55. 408

53, 447

51,417

57, 281

641,449 1,075,108

312,735

196, 864

163, 518

120, 766

113,685

68, 465
141, 994

98, 036

120, 794

135.098
131,856

119,870

29, 009
170, 607

36, 041
156, 838

370.5
181,617
102

321. 0
112 349
101

535. 1
133 979

1, 115. 2
135, 699

1, 172. 1

1.182.3

1.137. 1

55 606

69, 613

1, 038. 0
55, 341

093

.091

093

094

093

131,368

091

2,202
5,717
1.215

2,982
6,596
1.158

1,095

408

1. 253

1.262

1,042
4,271
1.274

830

6,284

843
6,277

867. 0

723.8

617.1

91, 533

137,551

.091

089

.089

1, 001

557

1,042

1. 311

3,122
1. 303

175 264
p 089
2

32, 485
3, 680
1. 289

3,374

T

2,093
1. 250

r

2, 820
1. 260

209 6
- 909. 3

51,078

376, 435 •-359,558

368, 623

385, 146

3 1 276. 7
' 1, 540. 7
429, 989 "433," 776' 419. 579 "432,127" ~4 18," 706" '3391,378

539, 068

83 264

56 821
T
203, 260

36 172

28, 747

29, 394
322. 743

31 988

30, 387

37, 079
r
282, 282

370, 607

394, 941

388, 003

381, 512

372, 660

371, 059

379, 269

380, 133

375, 434

374, 184

1,820.2

40, 690
34, 987

940, 838
37, 280

33,345

30, 489
26, 387

36, 152
29, 587

31, 092
25, 927

34, 038
28, 744

20, 453

266. 073

3

'761.126

854, 305
456, 581

643.900
25, 709
20, 944

1.242

31, 988

95 634

447, 554 ~ 491 ~ 068" 472, 590 "475," 989" "4567812" 422, 047

4,979

-'1,119.0
2

282 3

1,179.9

33 ?61
244, 307

2.143.1

20, 996

594

i 1,462.2
1
1

. 701
- 52 090

47, 663

1.230

21, 754

14, 365

2,345

143.466
78, S04

5, 495
1.231

r

3299 734

2.200

46, 736

420
4,973

1. 265
1.222
2 1, 049

30, 965
127, 503

69.316

4, 173

13. 545
34. 702

47 015

92, 469
45, 755

1

5, 516
4,019
1.228

United States, domestic, totaled
mil. of bu_. r 3 881. 0
304, 782
Commerciallj
_
_ thous. o f b u
Interior and merchant mills, elevators, and 3
447,128
warehouses
thous. of b u _ r3 v ~C,867
On %rms
do
Exports total including flour
Wheat only

3 800
11, 539
29. 600

1

California:
Receipts, domestic, rough
thous. of lb__ 86, 628
52, 702
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
ofmonth__ _ _ _ _ _
_ _ thous. o f lb__ 47, 735
Southern States (Ark., La., Tenn., Tex.):
19,067
Receipts rough at mills
do
104, 771
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
504.4
basis'), end of month
mil o f l b
96, 815
Exports
thous o f l b
101
Price wholesale head clean (N O )
dol per Ib

r

39, 222

7, 715

151,372

1

Rice:

Wheat:
Production (crop estimate), total
Spring wheat
^Vinter wheat
Receipts interior primary markets
Disappearance (quarterly total)
Stocks, end of month:
Canada (Canadian wheat)

470,449

689. 368
3
114, 908

282, 989

40,911
35, 427

31, 727
28, 410

40, 391

36,851

36, 968
31, 521

43, 607
36, 826

34, 408
26, 762

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.211
2. 282
2.295
2. 215
2.432
2.172
2. 205
2. 227
2. 235
2.310
2. 266
2.218
2.250
2.473
dol. per bu__
2. 067
1.984
1. 998
2. 030
1. 916
2. 028
1. 999
2. 090
1. 835
1. 846
1. 974
1. 936
1.951
1. 902
No. 2, hard winter (Kansas City)
do
5
2.
041
1.
885
2.
018
1.904
2.
037
1.
948
1.801
1.
786
1.785
1
.
923
1. 773
1.819
1.930
No. 2, red winter (St. Louis)
do
()
2. 195
2.212
2. 191
2.162
2. 087
2.220
2. 208
2. 122
2 271
2. 063
2. 174
2.213
2.187
1.960
Weighted avg., 6 markets, all grades
do
r
!
2
Revised.
*> Preliminary.
December 1 estimate of 1958 crop.
August 1 estimate of 1959 crop.
3
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
* Data beginning January 19595are on standard 17-percent
moisture basis; prior thereto, on basis of varying moisture content (from 12 to 25 percent). January 1959 figure comparable with earlier data is 11,885,000 bushels.
No quotation.
jRevised beginning January 1951 to reflect data compiled from reports based on 5-da3^ weeks (prior thereto, based on 6-day weeks). Revisions for January 1954 through July 1956 are shown
in the October 1957 SURVEY.
§ Excludes a small amount of pearl barley.
9 Bags of 100 Ib.
d*The total includes wheat owned by Commodity Credit Corporation and stored of? farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
IData for March, June, September, and December are not strictly comparable with those for other months, largely because of somewhat smaller coverage of the quarterly reports.




SURVEY OF CURRENT BUSINESS

August 1059
Unless otherwise stated, statistics through 1956 and
descriotive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-29
1959

1938

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

i

April

i

1

May

June

20, 272
87.4
375
45, 953

20. 187
82 7
376
46, 056

July

1

FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued

Wheat flour:
Production:
Flour
thous. of sacks (100 lb.)__
Operations percent of capacity
Offal
thous. of short tons
Grindings of wheat
. _ _
thous. of bu__
Stocks held by mills, end of quarter
thous. of sacks (1001b.)__
Exports
_ . . do_
Prices, wholesale:
Spring, short patents (Minneapolis)
dol per sack (100 Ib.)
Winter ha r d 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 stockerand feeder (Kansas City)
do
Calves vealers (Chicago)
do
Hogs:
Slaughter (federally inspected)
thous. of animals-Receipts, principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb._
Hog-corn 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. .

21 , 504
93.2
402
48, 875

20, 429
84.7
392
46, 862

20, 220
87.7
382
46, 266

4,291
2,480 " "2,071

~i,ni

6.270
5.350

6.030

5.125

5. 695
5.050

430
1,506
1,846
267

435
1, 561
1,820
249

424
1,479
1 783
364

815

27.67
25.38

26. 75
25.43
31.00

25. 91
24.46
31.50

26. 65
25. 47
32.00

4,209
2,226

4,326

2,196

4,515
2,295

5,219
2,633

21.82

21.88

19, 205
83.4
370
44, 046

31.00

23, 385
92. 5
435
53, 084

4,441
1,784 ~ ~ ~ 2 ~ 8 5 4 ~

20, 191
96 7
375
45, 825

21,072

21,584

87 0
390
47, 950

93 3
400
48, 959

18, 861
85.6
351
42, 884

19, 454
80.0
360
44, 113

20, 595
84 8
3S2
46. 720

4,519 ~~~2~368~
"~2,~ 948"
1,539

4, 389
3, 324

2, 245~

4, 353
2 302

5. 830
5. 465

5.760
5.400

5 580
5 125

i 5 430
1
4. 850

i 5 450
i 5 025

i 5 450
1
4 975

471
1,561

541
1,647

2,440

2,670

1,273

441
1,302
1,907
897

474
1, 437
1 793
352

424
1,441
1 751
386

377
1 219
1 416
291

423
1 334
1 753
344

406
1,433
1,759
477

358
1,412
1,633
349

366
1,473
1 793
295

26. 70
25. 80
32.00

26.79
26.46
33.50

27 01
25. 81
32 50

27.81
26.10

27.44
25.97

28 22
27 78

29.32
28.63

28.82
28.69

28 15
27. 24

33.00

5,911
2,897

5, 258
2, 509

5, 814
3,015

5, 885
2, 993

5, 686
2,751

5.870

5. 230

2,' 384 ~ ~ ~ i ~ 4 4 2 ~

(2)

1
1

5. 420
5. 005

r

i 5. 630 »» ! 5. 695
*5. 185 p i 4. 975

(2)

(2)

5,733
2,900

5,652
2,899

4, 970
2, 551

4,902
2, 635

(2)

27 61
26.47

(2)

20.87

20. 04

18.76

18.06

17.42

16.25

15.32

15. 72

15.77

15.59

14.94

13.02

18.2

18.4

17.6

17.6

17.8

19.0

17.2

16.1

14.8

14.5

13.8

13.5

12. 9

11.8

1,042
828
138

1,013
864
265

950
1,035
356

1,045
1, 357
565

1,131
1,273
636

883
817
222

1,061
937
121

1,322
1,128
163

1,080
875
153

1,143
1 009
120

1, 101
1,005
156

1,017
962
192

1, 056
936
168

24.75

24. 50
22.92

24.00
22.23

22.00
22.78

22.25
23.03

21.88
22.56

19. 75
20 88

18.62
19. 75

18.62
19 71

21.25
19 55

21.50
19 88

24.75

25. 25
20 62

22.50

1,756

1,799

1,742

1,914

2,125

1,832

2 048

2 084

1 862

1 950

2 013

1,890

396
47
74

360
52
92

333
46
86

317
47
83

346
65
74

419
67
71

462
49
85

499
68
80

582
78
66

602
66
64

660
63
94

647
73
84

»• ,582
72

512

901.9
115, 947
1, 406
41, 543

947.0
119,301

898.4
125,234

948.8
132,938

1, 019. 2
149, 210
3,027
41,019

816.4
171, 633
2, 161
38, 181

919 7
189, 655
2 619
43, 764

929 7

1 , 680
44, 097

2,514
46, 679

189,467

1,242
50, 397

783.1
186, 850
1 470
38 945

855 4
184, 641
1 850
28 767

912 3
184, 291
2 039
52, 579

898 2
184, 571
2 284
43 688

926 9
177, 562
1 759
56 785

172, 319

469

20 28

19 46

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 (including 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 lb__
Stocks cold storage end of month _ _ _ _ do
Pork (including lard), production, inspected slaughter
mil. oflb. Pork (excluding lard):
Production, inspected slaughter
_ thous. of lb_.
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. oflb..
Stocks, dry and cold storage, end of month
do
Exports
_ _ _ _ .
do __
Price, wholesale, refined (Chicago)
dol. per lb__

1,919
42, 574

101

.477

.468

.451

.456

.455

.452

.462

.481

.482

485

494

.491

480

47, 330
11, 995

45,517

47, 691
9, 927

51, 785
9,913

41,780
9,280

51,927

10, 411

42, 973
10,969

9 189

66, 846
10 118

55, 104
11 053

57, 520
10 991

54, 888
13 478

48, 144
15 730

48,010
r 16 614

807.0

806.4

800.6

917.4

1, 054. 4

973.7

1, 076. 2

1, 087. 0

1,023.5

1, 036. 6

1, 046. 2

944.0

941.3

604, 733
209, 936

610, 151

698, 914

149,128

127,088
3,627

730, 133
184, 438
5, 789
16 931

800, 301
206 414
4,831
18 918

812, 884
240 489
4, 976
18 404

12 900

775,119
337 120
4,' 824
16 538

781, 917
380 997
4,431
18 829

698, 326
365 360

13, 837

793, 024
134, 361
5,134
15 989

771, 769
319 951

14, 443

603, 764
173, 147
4, 541
16, 860

15 689

701, 039
313 141
4,801
15 705

.573
.572

.577
.552

.570
.504

.536
.548

.521
.521

.543
.497

571
.478

539
.480

500
.430

506
.422

496
.453

r 495
.463

P 491
.496

147, 797
66, 474

147,505

139,355

49, 827
26, 778
.170

190, 814
54, 166
39, 322
.158

177, 557
67. 938
40, 352
.145

201, 2f>9

55, 124
31,977
.155

159, 979
45, 774
25, 177
. 155

200, 784
109. 100
42 149
.124

183, 679
117, 900
56 521
.121

191 489
132,200
41 910
. 120

193 530
146, 900
41 248
.'l23

5,506

31,712

.155

POULTRY AND EGGS
Poultry:
433
Slaughter (commercial production) *
mil. o lb_.
Stocks, cold storage (frozen), end of month
thous. of lb__ 139, 981
80, 314
Turkeys
do
Price, in Georgia producing area, live broilers*
dol. per lb__
.201
Eggs:
14.0
Production on farms
mil. of cases 9 -Stocks, cold storage, end of month:
852
Shell
thous of cases
134, 218
Frozen
thous. oflb
Price, wholesale, extras, large (Chicago)
.352
dol. per doz._

3, 506
15, 335

95, 000
26 129
.128

7,500

476

547

602

689

604

521

402

346

393

432

497

190,202

79 192

103 562

278, 649
160 808

408, 089
254 849

377, 235
207 845

346, 603
162 055

331,835

250, 298
112 252

215,310

160 476

293, 562
140 510

199, 037
67 688

.182

.166

.155

.152

.150

. 141

.175

.165

.170

. 155

13.6

13.0

12.5

13.4

13.7

14.6

14.9

14.1

10.5

712
139, 779

494
133 777

2f;0
116 645

207
93 687

140
73 403

53
57 OS9

107
55 015

3.372

3. 391

3.463

3.423

3.406

482
r

193, 190

.152

.150

.150

16.1

15.9

14.3

13.7

co 2

( rim
119 973
3 . 275

3. 291

86 6^9

47 085

. 365

3. 356

3.343

3.315

104, 287

96, 185

88. 415

15 357
.'358

19 202
'.378

20 215
.'368

35 119
3

. 263

3.245

MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' salest
Cocoa (cacao) beans:
Imports (iricl. shells)
Price, whoesale, Accra (New York)




thous. of dol__

68, 180

64, 677

73, 138

125, 901

126, 797

114,362

102,278

108, 520

long tons
dol. per lb__

14, 823
.483

13, 226
.489

5,931
.463

6,325

7,821
.374

8 439
.438

41 190
.410

22 271
.' 368

.427

r

.457

196. 847

52
4*1 701

3

251 064

179, 111 175 734
158, 200 147, 800
45 163
46 840
. 120
v. 120

147,113

T

r

5,709

16 464

r

74. 019
20 885
.'378

18 668
r. 382

SURVEY OF CURRENT BUSINESS

S-30
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1959
1959

1958

Jane

July

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS—Con.
Coffee (green):*
Inventories (roasters', importers', dealers'), end of
2,349
quarter
thous. of bags of
4,954
R castings (green weight) quarterly total
do
1,307
Imports
do
656
From Brazil
_
_ do _
Price, wholesale, Santos, No. 4 (New York)
.485
dol. per lb_
Fish:
Stocks, cold storage, end of month
thous. of lb__ 134, 576
Sugar:
Cuban stocks, raw, end of month
3,239
thous. of Spanish tons__
United States:
Deliveries and supply (raw basis):
Production and receipts:
53, 122
Production
short tons
614, 660
Entries from off-shore total
do
Hawaii and Puerto Rico .
.
do_-_ 113,400
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 9
- do
From Cuba
_
-do. _
From Philippine Islands
do
Refined sugar, total
_
_ _ _ do _
F^om. Cuba
do
Prices (New York):
Raw wholesale
dol. per Ib
Refined :
Retail§
dol. per 5 Ib
Wholesale (excl. excise tax) -„ _ dol. per lb_
Tea, imports .
- - _. thous. of l b _ .

1,446
375

1,247
474

1,826
4,900
1,478
585

2, 052
773

1,886
853

2, 114
5, 570
2,030
877

1,588
514

2,279
959

2,410
5 829
2, 252
1,119

1,781
725

.470

.460

.450

.441

.445

.423

.415

.410

.378

.378

. 376

. 365

167, 720

187, 678

199, 656

210, 531

217, 556

214, 516

187, 786

153, 778

141,027

142, 584

161. 252

176, 040

2,590

2,190

1,740

1,257

873

654

667

1,452

2, 776

4,106

4, 391

4,076

31, 766
631, 860
196, 965

15, 274
835, 632
242, 597

104, 377
593, 578
229, 523

647, 374
402, 904
135, 314

825, 682
297, 890
120, 859

588, 066
180, 075
70, 256

186, 671
593, 251
77, 556

73, 925
438, 836
141, 154

42, 367
596, 387
152, 535

45, 312
612, 751
171, 633

44 259
637, 787
136. 094

736, 911
240, 470

814, 694
808, 697
5,997

900, 621
888,147
12, 474

915,902
904, 092
11,810

876, 505
868 846
7,659

786, 725
778, 259
8,466

624, 045

849, 564

572, 154
565, 056
7,098

547, 786
542 834
4,952

717, 767
712 198
5,569

733,510
723 503
10 007

975 454
968 782
6 672

1,326
2,031

1,100
698

830
328

691
362

1,040
623

1,695
4,121

1,873
468

1, 916
519

1,912
492

1,828
507

1,755
981

1,463
371

1,462
548

425, 698
329, 818
95, 874
50, 753
41, 948

443, 149
312, 146
123, 796
35, 932
29, 605

326, 335
220, 034
104,160
44, 836
39, 796

349, 935
270, 048
53, 200
38, 805
29, 135

260,611
191, 899
59, 025
26, 284
18, 884

258, 853
194, 854
37, 039
15, 143
3,936

291,391
222, 777
2, 965
3,047
1,050

292, 962
186, 624
54. 467
31,364
23, 049

297, 859
169, 797
70, 835
45, 686
37, 552

387, 484
250, 080
111, 170
50, 361
42, ."86

383, 165
313, 744
69, 399
55, 477
44, 502

416, 193
327, 645
88 510
61,197
51 487

404, 287
307, 761
96, 525
77, 860
68 113

.063

.063

.062

.064

. 065

.063

.065

.062

.060

.058

.057

. 550
.086
6,143

.550
.086
8,229

.552
.086
8,784

.552
.086
7,278

.553
.086
8,546

.552
.086
8, 555

. 553
.086
11,121

.553
.086
8,498

.539
.085
8, 635

.552
.085
9,057

.551
.083
10, 949

TOBACCO
Loaf:
Production (crop estimated
mil. of Ib
Stocks, dealers' and manufacturers', end of quarter,
4,609
total
mil of Ib
Domestic:
316
Ci^ar lea*
do
Air-cured, fire-cured, flue-cured, and miscel4,030
laneous domestic
mil of Ib
Foreign grown:
26
Cijrar leaf
do
237
Cigarette tobacco
do
Exports, including scrap and stems
thous. of lb__ 32, 247
10, 298
Imports including scrap and stems
do
Manufactured
products:
15, 351
P r oduction manufactured tobacco total
do
6, 071
Chewing plug, and twist
do
6,368
Smoking
- - - do
2,913
Snuff
do
Consumption (withdrawals):
C igarettes (small) :
2,679
Tax-free
- -.millions.
Tax-paid
__
_ _ _ _ _ _ _ _.._ --do _ _ _ 38, 642
502, 876
Cigars (large) tax-paid
thousands
Manufactured tobacco and snuff, tax -paid
14, 889
thous. of lb_
1,577
Exports cigarettes
millions
Price, cigarettes (regular), manufacturer to wholesaler and jobber, f. o. b. destination
4.281
dol. per thous__

1

4,708

1,840
827
r

r

. 063

.549
.083
10, 071

2,278
4 987
1 508
614

198, 221

P 063

.553
p. 086
8, 983

1, 758

- I, 864

4 977

4 449

4 841

282

?57

320

304

4,188

4, 480

4 947

3 866

34, 903
14, 821

39, 831
12, 827

27
210
58, 767
12, 326

83, 620
14, 133

54, 713
11, 609

34
207
48, 889
10, 659

27, 470
13, 624

17, 019
11,804

43
232
33,219
12, 883

13, 681
5,702
5,813
2,165

15, 242
5,689
6,477
3,076

16,111
6,095
6,894
3,122

17, 724
6, 495
7,748
3,481

13, 455
5,394
5, 481
2,580

13, 465
5, 255
5, 274
2, 936

14, 951
5, 919
6,083
2,949

13, 855
5,433
5,647
2,775

14, 542
5,404
6,143
2, 995

2,840
36, 820
511, 637

2,964
39, 644
535, 995

2, 995
38, 076
546, 698

3,291
40, 895
591, 711

2, 657
34, 820
618, 107

2,711
33, 953
402, 108

2, 636
36, 242
441, 969

2,674
34, 614
453, 367

13, 694
1,402

15,264
1,788

15, 670
1, 532

17, 240
1,813

13, 207
1,525

13. 472
1,297

14, 526
1,350

4.281

4.281

4.281

4.281

4.281

4.281

43
235
25, 777
12, 671

24, 180
11,429

24, 951
13, 306

15,381
5,712
6,758
2, 912

14 180
5 487
6,003
2 689

>• 2, 783
35, 493
511,721

3,216
38, 097
525, 850

2,974
37, 252
618, 105

3, 230
37,816
650, 046

13, 518
1,428

14,325
1,478

15, 044
1,600

14, 080
1 621

15,220
1,598

4.281

4.281

4.281

4.281

4.281

P4.281

7,229
225
459

5,427
174
285

7,916
4, 364
2 338

9,034
3,943
2,027

.875
.203

P. 700
p. 243

r

r

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:*
Value, total 9
thous. of dol
Calf and kip skins - _ _ _ ..thous. of skins...
Cattle hides
thous. of hides
Imports:
Value, total 9
thous. of doL
Sheep and lamb skins
thous. of pieces_.
Goat and kid skins
- do
Prices, wholesale (Chicago):
Calfskins, packer, heavv, 9^/15 Ib
dol. per l b _ _
Hides steer, heavy, native, over 53 Ib . . do

3, 895
217
386

3, 858
222
380

3, 867
200
379

3,649
201
351

5,231
241
514

5, 080
224
451

3,997
146
389

3, 882
165
341

4,142
119
380

5,019
' 177
390

3,946
150
323

5,016
2,510
1,437

5,188
2,877
1,391

4,713
2.515
1, 172

3,486
1,749
1,318

4,470
2,371
1,580

4,036
1,442
1,474

5, 186
1,433
2,150

6, 381
1, 905
2,576

5, 468
2, 332
1, 958

9,690
6,364
2,243

8, 872
' 4. 364
2,217

,500
.118

.500
.123

.500
.133

.500
.118

.525
.128

.550
.133

.650
.118

.650
.123

.675
.133

.675
.183

689
2,153
1,973
2,400

626
2,046
1,747
2 396

597
2 095
1,894
2 396

1.342
2. 988

1.234
2,633

1 629
2,339

LEATHER
Production:
600
644
687
646
699
546
Calf and whole kip_.
thous. of skins_
727
2, 025
2,044
1,893
1, 648
1,983
2,331
2,162
Cattle hide and side kipj thous. of hides and kips
1,122
1,829
1, 685
1,815
1,507
1,525
1,768
Goat and kid|
_ thou?. of skins
2,156
1,959
2,470
2,353
2,581
2,419
2,379
Sheep and lambf
do
Exports:
1,425
1,823
1,532
1,010
986
1, 335
1,126
Glove and garment leather*
thou^. of sq. ft
3,569
3,952
3,366
2,395
3,982
Upper and lining leather
_ _ do_
4,578
2,767
P rices, wholesale:
.630
.630
.630
.635
.635
Sole, bends, light, f.o.b. tannery
dol. per lb__
.640
.657
Upper, chrome calf, B and C grades, f.o.b. tannery
1.188
1.188
1.192
1.198
1.188
dol. per sq. f t _ _
1.218
1.308
r
l
2
Revised.
P Preliminary.
December 1 estimate of 1958 crop.
August 1 estimate of 1959 crop.
*New series (except for coffee price). Data prior to August 1957 are available from reports of the Bureau oj the Census.
§ Price for New York and Northeastern New Jersey.
{Revisions for January-March 1958 will be shown later.




.750
. 253

r

r

665
2,088
1, 973
2 524

561
2 035
2,032
2 736

2 097
2,849

2 470
3 793

2 124
2 826

.657

.697

.710

1. 010

.945

p. 947

1.308

1. 308

1. 345

1. 403

1.478

p 1.425

cPBags of 132.276 Ib.

9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-31
1959

1958

June

July

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: 9
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.
M^isses' 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, elk side upper, Goodyear welt
1947-49=100-\Vomen's pumps low-medium Quality
do

45, 212

46,066

50,388

50, 131

53, 270

45,015

48, 216

53, 333

54,258

57, 547

56, 048

51,444

53, 428

38, 443

39, 860

42, 411

41, 594

43, 615

37, 153

43, 272

49, 472

48,948

51, 476

49, 044

44, 737

46, 375

7,895
1,813
21, 266
4,879
2,590

7,284
1,994
22, 482
5,596
2,504

8,144
2. Ill
23, 702
5,768
2,686

8,733
2,198
22, 012
5,835
2,816

9,157
2,023
22, 759
6 484
3,192

8,220
1,703
18, 846
5 500
2,884

9, 150
1,990
22, 269
6 420
3,443

9,675
2, 187
26, 229
7,670
3,711

9,580
2,233
26, 269
7,321
3,545

10, 425
2,318
27, 797
7,398
3,538

10, 523
2, 195
26, 875
6 239
3,212

9,498
2 110
24, 161
5,902
3,066

9
2
25
6
2

6,031
455
283
221

5,574
331
301
202

7,110
419
448
303

7,619
462
456
319

8,593
571
491
436

6,898
443
521
244

3,957
482
505
162

3,073
475
313
186

4,397
534
379
256

4,925
631
515
292

5,786
635
583
285

5,519
665
523
255

124.4

124.4

124.4

124.4

124.4

124.4

124.4

124.4

124.4

124.6

128.7

128.7

P 128. 7

133. 9
118.7

133.9
118.7

133.9
118.7

133.9
118.7

135.1
119.5

134.8
119 5

134.8
120 2

134.8
120 2

134.8
120 2

134.8
120 2

138.8
130 4

142.7
132 0

P 142. 7
p 132 0

2, 650

2 642

3 121
603
2 518
3 271
599
2 672

3 163

3 216

593

558

2 628

2 659

305
158
535
395
982

5,796
698
559
215

LUMBER AND MANUFACTURES
LUMBER— ALL TYPES*
National Lumber Manufacturers Association:
Production total
mil.bd.ft
Hardwoods
- . _ _ _ _ d o __
Softwoods
do
Shipments, total
- --- -- -- do
Hardwoods
do
Softwoods
-do ..,

2,889
589
2,300
2,929
536
2,393

2, 810
548

3, 056

595

619

593

599

528

2,262
2,902

546

554

2, 461
3,103

2 679
3. 266

506

2,524
3,195

2 188
2, 668

570

2 132
2, 660

2 104
2,662

574

2, 396

599

611

2 088
2 682

526

546

585

2,533

2,621

2,667

2,049

2,142

2 116

2 097

2 964
597
2 367
3 111
591
2 520

Stocks (gross), mill, end of month, total.. __ do- _
Hardwoods
do
Softwoods
-_
- -- -.
do - -

9,210
3,435
5,775

9,117
3,477
5,640

9,070
3 502
5, 568

9, 018
3 547
5 471

9,025
3 541
5 484

9 096
3 529
5 567

9, 144
3 531
5 613

9,132
3 531
5 601

9 091
3 500
5' 591

8 945
3 506
5 439

8 846
3 510
5, 336

8 779
3 555
5 223

8 778
3 597
5 181

57, 785
M bd. ft
. _do._ - 290, 069

62, 920
313, 697

77 962
334 024

67 480
390 936

62 292
339 377

56 648
312 828

56 670
309 872

48 454
257 384

45 213
258 844

86 748
333 370

52 812
337 937

59 320
357 910

65 969
490* 723

668
571
666
730
1,007

815
690
607
696
919

750
727
683
713
889

693
643
727
777
839

636
519
778
760
858

570
512
619
577
900

742
600
631
654
877

696
660
641
636
882

603
681
588
582
887

709
662
706
799
865

779
678
729
763
882

791
735
717
734
857

636
579
760
792
826

Exports, total sawmill products
_M bd. f t _ _ 20, 766
14,819
16 152
17 152
18 424
21 260
21 723
20 731
16 574
21 673
23 724
20 377
9 423
7,467
Sawed timber
do
8 342
10 124
7 430
8 560
9 561
9 254
10 197
7 437
12 007
14 191
Boards, planks, scantlings, etc .. _.
_ do_ _. 11,343
9 722
7,352
9 864
11 136
12 419
7 810
10 534
9 137
9 533 12 162
8 370
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
75. 956 1 80. 577 83. 202
dol. per M bd. ft_. 75. 950
81. 543
79. 072
78. 659
82. 279
86. 032 r 87. 698
79. 907
84. 668
Flooring, C and better, F. G., 1" x 4", R. L.
dol. per M bd. ft- 111. 169 110. 556 1 115. 675 120. 750 120. 582 121.002 121. 002 1121.072 123. 808 127.212 127. 720 r 127. 988
Southern pine:
584
622
Orders, new
mil.bd.ft
688
655
660
570
506
566
577
715
702
702
Orders unfilled, end of month
do
195
194
252
245
207
194
173
219
255
188
281
248
584
Production
_._ _ _ d o
567
596
574
675
587
582
661
584
554
646
636
621
Shipments
do
581
631
662
698
583
527
546
708
551
676
673
Stocks (gross), mill and concentration yards, end of
month
mil. bd. ft
1,911
1 948
1 854
1 788
1 765
1 769
1 865
1 781
1 857
1 824
1 751
1 828
Exports, total sawmill products
M bd. f t _ 6,547
6,521
7,254
5,690
7,143
5,676
5,103
5' 917
4,855
6, 845
7,500
5,950
Sawed timber
do
1,410
1,488
1 654
1 211
909
1 605
1 129
1 002
1 033
1 241
974
1 932
Boards, planks, scantlings, etc
do
5,111
5,059
4,781
5,600
5, 538
4,465
3,974
4,884
3,853
5,871
5,568
4,709
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6", R. L.
dol. per M bd. ft_. 75. 149 1 75. 347 75. 921
76. 726
77. 482 i 78.574
78.184
78. 239
78. 181
78. 688 i 79. 806 r 1 80. 296
Flooring, B and better, F. G., 1" x 4", S. L.
dol. per M bd. ft- 137. 624 * 137. 536 136. 782 136. 782 137. 656 137. 656 136. 752 137. 128 136.902 137. 279 i 138.486 '"1137.928
Western pine:
Orders, new
mil. bd. f t _ 659
783
723
772
716
546
651
747
657
776
775
805
439
Orders, unfilled, end of month
do
410
597
493
512
483
378
3469
483
488
490
468
CCQ
Production
do
717
787
751
847
836
844
752
61
555
617
653
01 A
709
Shipments
do
7QR
738
816
801
821
578
654
613
645
Stocks, gross, mill, end of month
do
1 876
1 887
1 84.^
1 918
1 953
2 010
1 976
1 923
1 951
1 783
2 009
1 743
Price, wholesale. Ponderosa, boards, No. 3 common,
2
1" x 8"
_..- .-dol. per M bd. ft
68. 530
67. 990
67 600
69 260
70 770
71 070
70 790 2 74 940 2 73 47Q
75 970 2 80 290 r 2 g2 460
HARDWOOD FLOORING AND PLYWOOD

28 196
I 7 510
10 686

Exports total sawmill products©
Imports, total sawmill products©
SOFTWOODS*
Douglas fir:
Orders, new
Orders unfilled, end of month
Production
Shipments
Stocks (gross), mill, end of month

-

__

mil.bd.ft do
do _
do
do...

Flooring:
Maple, beech, and birch:
Orders, new
M bd. ft—
3, 600
Orders, unfilled, end of month
.do
12, 400
Production
do
3,100
Shipments
do
4 300
Stocks (gross), mill, end of month
do
9,550
Oak:
Orders, new.
._
do
72, 949
Orders, unfilled, end of month
do
51,891
Production
do
75 231
Shipments
__.
do
78,011
Stocks (gross), mill, end of month
do
81,677
Plywood (except container and packaging), qtrly. total:!
Shipments (market). . _ _ M sq. ft., surface measure.. 176, 285

3,143

3,272

2 731

2, 716

3,800
11, 500
3 500
4 100
9,150

4,225
11,350
3 575
3 850
8,850

3,275
11,125
3 750
3 375
9^200

3,250
11,025
3 600
3 200
9,750

3,725
11, 675
3 250
3 175
9,900

3,400
13, 100
3 400
2 500
10, 850

3,600
12, 725
3 150
2' 750
11, 225

3,050
12, 800
3 150

11, 400

11,675

75 867
52, 030
77 877
77 688
80, 587

89 598
58, 334
78 505
83 190
75, 588

76 725
53, 875
82 603
82 947
74, 097

70 840
41, 084
89 4°6
86 594
76, 877

59 230
35, 596
71 184
66 745
79, 370

56 877
33, 271
70 641
61 194
88, 261

97 920
54,' 134
75 119
74 853
84, 693

95 050
72, 518
70 769
76 666
77, 062

09 9ci

214,489

226, 618

3

nnn

3, 500
13, 325
3 500

3' 1 7^

77,913

77 ^(19

82 964
70, 029

4, 125
13, 150
3 650
3 950
11, 600
91 028
80, 928
85 913
89? 343
64, 889

639

599

2 524
3 221

2 617
3 217

p 90. 110
P130. 394

680
278
642
683

— -

1 710
o] 756

739
5,017
p 80. 906

*138. 797
748
426
89r
7QA

1 778
P 2g2

460

3,850
13, 275
3 CAA

4,200
12, 900
3 ACA

11,580

10, 225

::::::

7Q 401

74, 152

62, 506

Rfi 1Q7

63, 686

63, 734

-

--

230 263

<• Revised,
Preliminary.
1 Not entirely comparable witn~data~prior to the "month noted.
a" Not comparable with data through 1958; price is for boards, No. 3, I" x 12", R.L. (6'
and over).
9 Revisions for production for January 1955-July 1957 will be shown later.
0 Revisions for lumber, all types (M bdft.): Exports—May 1957, 68,170; January 1958, 50,574;
imports (1957)—February, 206,716; July, 293,848; September, 263,301; December, 224,745
n
^Revisions for lumber production, shipments, stocks, and orders (1955-Marchi 195C"
- • —shipments
•
• (3d
— quarter 1953-lst quarter
. . 1958)
. „ .will
. . be
. shown
_
1959) and "for plywood
later.




SURVEY OF CURRENT BUSINESS

S-32

August 1959

1958

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

June

July

1959

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, totalfj
thous. of short tons
Scrap} __ _ _ --- -do.- _
Imports, totalft
_.
do
Scrap _
-- do_
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 (operations in all U.S. districts):
Mine production
thous. of long tons. _
Shipments from mines
.. _ do__ __
Imports?
do
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants* .
.
Consumption at iron and steel plants*
Exports, incl. reexports* t
.
Stocks total, end of month*
At mines
4t furnace yards*
A t U . S docks*
_

-do.. ._
do
_do._ __
do
do
do
do

r

427
245
181
22

382
196
242
26

360
166
212
38

386
182
229
31

547
254
297
47

485
224
248
39

334
140
296
21

403
219
254
14

457
266
268
18

M89
286
320
20

504
300
423
19

609
419
506
31

631
408
519
31

4,619
2 802
1 817
4 938
8,807

4,230
2 464
1 766
4, 163
8,876

4,731
2, 699
2 032
4,707
8, 903

5, 113
2, 945
2 168
5, 009
9,014

5. 700
3 313
2 388
5 702
9,008

5, 669
3,151
2 518
5 380
9, 300

5, 867
3 382
2 485
5 571
9,594

5, 752
3, 517
2 236
6 020
9,331

6, 176
3, 640
2 536
6,337
9.181

7, 539
4,334
3 205
7 479
9,232

7, 476
4 390
3 087
7 442
9, 269

7,349
4, 393
2 957
7 440
9, 183

P 1. 057
v 4 333
T> 9 724
p 7 083
r 9 169

8,118
9 071
3 008

8,698
10 503
2 951

8, 665
9,977
2 854

9, 026
9 944
2 863

8, 576
10 108
3 281

3,978
5 560
2 138

3, 042
1 474
1 882

3,337
1 552
1 970

3, 665
1,493
1 482

3, 868
1 690
1 874

6,166
4 687
1 941

12, 170
13 743
3 302

4 124

10, 959
6 674

12, 445
6 624

11,769
7 419
605
73 332
9 858
58 075
5,399

12, 150
7 900

12 645
9 128

9 324
9 202

3 948
9 588

3 164

3, 046
9 699

3 543
11 519

5 852
11 540

16, 049
11 848

17 763
11 131

63 621
11 448
46' 944
5 229

56 800
13 629
38 602
4' 569

51 580
15 117
32 914
3' 549

54 685
13 565
37 115
4.005

468

65 469
1? 972
r
47 904
4 593

69
11
53
4

698

764
170
725
869

76
8
62
5

505

962
950
325
687

79
7
65
5

420

217
518
843
856

157

77
5
65
5

151
935
904
312

73
7
60
5

35

347
505
265
577

9 828

47

68 134
9 063
53 601
5' 470

43

54

24

436

456
43 746
4 143

Manganese (manganese content), general imports*t
thous of long tons.97
86
107
73
71
94
129
72
90
65
81
80
100
Pig Iron and Iron Manufactures
Pig iron:
Production (excl. blast furnace prod, of ferroalloys)!
thous. of short tons..
6, 212
5, 041
4,278
7,684
6, 1 47
4,769
7, 462
6, 025
5,907
7 338
5, 836
4,396
7 232
Consumption
do _ __
4,843
4 279
7 692 P 7 382
6 283
6 303
7 614
5 813
5 068
4 546
7 451
5 958
5 868
Stocks (consumers' and suppliers'), end of month
r
thous. of short tons..
P 3 406
3 492
3 692
3,757
3 784
3,851
3 831
3 895
3 882
3 740
3 553
3 964
3 467
Prices:
65. 95
Composite
.- dol. per long ton..
65.95
65. 95
65.95
65.95
65
95
65
95
65
95
65 95
65 95
65 95
65 95
65 95
65 95
66 00
66 00
66 00 P 66 00
66 00
66 00
66 00
66 00
Basic (furnace)
do
66 00
66 00
66 00
66 00
66 00
P
(jg
50
66
50
Foundry No 2 Northern
do - ..
66
50
66
50
66
50
66 50
66 50
66 50
66 50
66 50
66 50
66 50
66 50
Castings, gray iron:
Orders, unfilled, for sale, end of month
614
thous. of short tons..
602
580
885
687
645
767
620
573
892
847
608
802
792
1,002
917
Shipments, total
_
_ .
._do-_ __
1,037
958
993
1 206
868
1 246 r 1, 236
998
514
466
685
505
538
587
For sale
do
517
539
509
542
689
666
Castings, malleable iron:
63 425
99 879
77 322
90, 291
66, 725
55, 145
58, 405
58 340
Orders, unfilled, for sale, end of month short tons._ 48, 260
65 904
95 822 102 508
49, 252
41 865
73 186
63 356
56 836
60 981
83 472
74 760
Shipments total
do
51 882
84 335
68 385
90 974
29, 414
24 479
43 667
42 093
40 041
35, 221
31, 999
40 014
For sale
- do__ __ 31 077
49,619
54 306
49' 690
Steel, Crude and Semimanufactures
Steel ingots and steel for castings:
6,442
8,569
7, 632
9 317
7,308
Production
- ._ - thous. of short tons- _
5, 233
11, 601
11 282
9,603
8 711
8,840
7,127
11 568
10 908
73
54
42
74
74
61
66
74
62
93
92
85
Percent of capacity cf
- -93
90
124 5
102 7
110 9
124 3
Index*
1947-49=100
131 0
122 4
90 6
103 5
73 6
163 1
162 6
149 5
163 9
158 4
Steel castings:
85 277
80 886
68 802
92 861
85 267 103 800 105 392 110 280 131 317 134 344 T 135 359
95 389
Shipments total
short tons
59, 816
82 683
65, 788
64, 586
86, 013 103 848 104 890 105 804
73 367
48, 618
For sale total
_
_ . .-do
71, 624
81 360
8 021
23 825
14 408
14 686
9 205
5 400
21 372
13 187
9 648
12 254
Railway specialties
do
14 185
20 086
Steel forgings (for sale) :
r
279.0
287.9
Orders, unfilled, end on mo... thous. of short tons..
393. 5
396.1
392.0
306.5
302.9
256.5
246.2
374. 6
397.7
353. 3
313.1
r
67.4
112.9
89.0
79.9
89.4
!41 8
112.7
112.5
99.7
140. 0
Shipments, total
- do
87.8
135 7
128.8
104 1
91 5
61 4
90 7
70 0
70 0
77 1
50.8
104 6
Drop and upset
do
65 3
105 7
91 6
108 1
19 4
21 2
19 0
18 5
22 6
Press and open hammer
do
22 5
24 7
22 3
16 6
37 2
20 9
30 0
31 9
Prices:
.0698
. 0698
.0695
. 0697
.0697
.0677
Composite, finished steel (carbon)
dol. per lb._
. 0698
. 0698
.0677
.0698
.0698
. 0698
.0698
. 0698
Steel billets, rerolling, carbon, f.o.b. mill
92.50
dol. per short ton95.00
95. 00
95.00
95.00
95. 00
95. 00
95. 00
92. 50
95.00 P 95. 00
95. 00
95.00
.0594
Structural shapes (carbon) , f.o.b. mill
dol. per lb_.0617
. 0617
.0617
.0617
. 0617
. 0617
.0617
.0617
.0594
.0617 p 0617
0617
Steel scrap, No. 1 heavy melting:
36.02
41.67
41.81
41.77
Composite (5 markets)*. _
_ dol. per long ton 2 41. 33 2 35. 16 2 33. 41 p 2 35. 65
41.48
34.69
39.81 2 40. 31 2 41. 86
1
43.50
36.00
44 00
43 00
43 00
42.50
43 00 i 43. 00
Pittsburgh district
_
...do
35 00 P 36 00
37 00
42 00
36.00
Steel Manufactured Products
"Barrels and drums, steel, heavy types (for sale):©
1 502
1,666
1, 707
1 638
Orders unfilled, end of month
thousands
2 575
1 629
1 491
1 613
2 546
2 068
1,648
1 646
2 593
1 838
1 844
1 803
1 658
1 905
2 157
2 017
1 809
1 882
2 134
Shipments
do
1 876
104
80
74
88
Stocks end of month __
do
89
80
130
Cans, metal, shipments (in terms of steel consumed),
total for sale and own uset- - - - short tons- 408, 778 477, 800 593, 158 556, 406 449, 257 315,759 288, 650 314, 161 303, 782 340, 861 389 445 400 442
222 535 288 590 418, 405 392 306 287 594 183 969 153 086 179 875 174 170 185 424 218 563 219 131
Food
do
186, 243 189, 210 174, 753 164, 100 161,663 131, 790 135, 564 134,286 129, 612 155, 437 170, 882 181,311
Nonfood
do
352 469 417 980 524 133 480 502 390 800 272 808 244 427 262 953 256 424 •>87 082 329 507 346 377
Shipments for sale
do
1,422
1 322
1 365
1 426
1 437
1 558
1 ' 653
Closures (for glass containers), production J millions
1 433
1 576
1*279
l'606
1 691
24, 142
29, 888
24 026
22, 354
23, 340
23, 298
26,612
24, 633
18 294
Crowns, production
._. thousand gross.
27,713
30, 369
28 987
Stcel products, net shipments:
4,082
4. 835
5, 386
6, 186
6, 524
5, 512
5. 187
6, 225
5, 746
Total (all grades)
thous. of short tons..
9. 700
8, 754
8.603
8,118
220
120
232
248
246
17(i
246
Semifinished products
do
344
270
386
346
248
357
349
352
399
295
448
352
360
554
410
387
Structural shapes (heavy), steel piling
- do
657
593
568
398
452
394
461
321
502
651
509
558
694
500
Plates
do
788
701
69
54
56
109
123
58
68
167
69
51
Rails and accessories
do--___
192 i
160
192
r
l
2
Revised.
P Preliminary.
Nominal.
Not entirely comparable with composite through 1958; see note marked "*".
tRevised (beginning with the October 1958 SURVEY) to exclude data foi ferroalloys; in 1957, such exports and imports averaged 5,490 tons and 34, 200 tons per month, respectively. Pig-iron
production excludes blast-furnace production of ferromanganese and spiegel, averaging 80,300 tons per month in 1957.
*New series. Iron-ore receipts, consumption, and stocks at furnaces and at docks (compiled jointly by the American Iron Ore Association and the American Iron & Steel Institute) cover
ores originating in the U.S. and foreign countries. Data beginning 1956 will be shown later. Iron-ore exports and manganese imports are from the Bureau of the Census: general imports of
manganese cover ore, concentrates, manganiferous iron ore, manganese alloys, and metal. The steel index (AISI) is based on daily average production, unweighted by grades of steel (FRB
index on p. S-2 is weighted); monthly data for 1929-58 appear on p. 28 of the May 1959 SURVEY. Composite scrap price (U.S. Department of Labor) represents the weighted average of
consumers' buying prices (including brokerage), delivered, at following markets: Pittsburgh district, Chicago, Philadelphia, Birmingham, Los Angeles (through 1958 only), San Francisco
(beginning 1959).
c?For 1959, percent of capacity is calculated on annual capacity as of Jan. 1, 1959, of 147,633,670 tons of steel; for 1958, as of Jan. 1, 1958 (140,742,570 tons).
©Beginning January 1957, data include light-type grease drums; see note marked "©" in September 1958 SURVEY. Figures for stocks not published after December 1958.
^Revisions for January 1956-February 1958 will be shown later.




SUEVEY OF CUEEENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-33

1958
June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments— Continued
Bars and tool steel, total
thous. of short tons..
Bars: Hot rolled (incl. light shapes)
do_ ._
Reinforcing
do
Cold
finished
do
Pipe and tubing
do
Wire and wire products
-_ __ _
do
Tin mill products
do
Sheets and strip (incl. electrical), total
_ do. __
Sheets' Hot rolled
do
Cold rolled
do
Fabricated structural steel:
Orders new (net) f
__thous. of short tons. _
Shipments!
do
Backlog, end of month f
-do

906
542
274
85
740
354
522
1,932
574
852

587
344
175
63
513
197
514
1,484
414
675

719
455
180
79
567
252
560
1,744
474
800

810
518
193
94
561
263
633
2,102
617
965

887
594
184
102
625
283
917
2,338
687
1,074

821
559
152
102
533
251
157
2,317
653
1, 132

839
579
143
110
527
237
200
2,506
694
1,253

888
623
134
123
679
268
498
2,648
731
1,339

938
656
141
133
706
279
526
2,714
784
1,330

1,211
825
217
159
930
362
714
3,185
928
1,557

1,282
845
254
172
1,113
403
821
3,215
956
1,524

1,337
890
256
181
1,141
429
830
3,174
947
1,496

1,518
969
346
191
1 261
491
818
3,590
1,154
1,607

287
329
2,191

331
291
2,220

226
298
2,119

256
314
2,047

259
307
1,913

243
271
1,839

197
267
1,809

236
224
1,794

294
216
1,864

255
260
1,873

295
291
1,922

242
294
1,768

291
365
1 717

NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary, domestic _
short tons- 115, 326 118,541 125, 416 125,939 139,836 140,962 152, 301 156, 700 142, 116 157, 189 155, 213 163, 857 167, 323
22, 802
20, 697
26, 738 31, 017 29, 981 29, 050 31, 956 34, 622
26,285 32, 513
20, 803
Estimated recovery from scrap©
do
Imports (general):
22, 834 30 473
15,
127
46,366
27,
306
9,724 14, 233 14, 036
22, 132 18, 768 25, 343 12, 720
Metal and alloys, crude
do
15, 077
4,302
4,542
3,738
2,126
2,284
3,570
4,390
3,516
3,459
2,866
2,410
2,574
2,863
Plates, sheets, etc t
- do
Stocks, primary (at reduction plants), end of month*
short tons__ 168, 096 152, 554 145, 205 124,274 124, 202 138, 545 146, 086 175, 108 183, 827 159, 177 131, 460 112 710 88 612
.2610
.2680
.2680
.2680
.2680
.2680
.2678
.2610
.2680
.2680
.2680
.2680
.2680
Price, primary ingot, 99.5%-fdol. per lb__
.2680
Aluminum shipments:
302.5
'452.
1
423.2
300.2
526.3
385.9
333.0
374.7
301.1
331.6
302.5
347.7
Mill products and pig and ingot (net)t
mil. of lb__
359.8
228.6
294 9 '320. 8
235.4
271.6
213.4
341 2
216.3
231.2
229.7
231. 8
Mill products, total
_do_
236.3
254.3
118.4
170.2
182.5
156.4
121.7
114.5
119.3
110.0
118.8
122.7
150.8
130.4
Plate and sheet
do
122.7
40.7
68.3
73.4
73 0
68.4
59.5
55.8
38.8
68.9
52.8
45.0
55.7
CastingsA§
do
Copper:
Production:
68, 145
94, 056 94, 754 97, 102 87, 902 98, 152 100 685 »• 101, 394 94, 391
82,988
67, 057
61, 200
92, 140
Mine recoverable copper A - -- - short tons
103, 197
94, 963 104, 630 114,662 121, 052 126,828 138, 576 127, 989 120, 645 131, 808 130, 217 124, 617 128 700
Refinery, primary
do
78,
597
98, 864 101, 401
67,
912
99,
594 108, 333 101, 990 95, 701 101, 426 102, 917
73,
693
82,602
88, 564
From domestic ores
do
24, 600
27, 051 30, 937
32,060
From foreign ores
__do
32,488 27, 234 30, 243 25, 999 24, 944 30, 382 27, 300 25, 753 27 299
22 623
18,
200
21,
006
17,
133
21 707
26
186
15,
131
22,
680
21,
298
20,
265
18,
746
19,
060
16,116
Secondary recovered as refined
do
Imports (general):
58, 900
35, 813 60, 334
29, 414
33, 705
34,346
Refined, unrefined, scrap©t
do
31, 270 37, 155 31,544
28, 194 47, 798 40, 803 43, 860
5,027
19, 558
11, 777
7,871
19 320
3,815
4,223
4,453
2,862
11. 120
5,172
3, 548
2,940
Refined
do
Exports:
52, 329 27, 921 25, 034 22, 992 24, 172 19, 201
25, 192
16 045
30, 326
43, 851 36,618
Refined, scrap, brass and bronze ingots
do
47, 284 49, 577
21, 232
15, 300 12 607
26, 130
44, 498 45, 587 22, 196 20, 816 19, 404 20, 571
40, 551 32, 238 43, 141
Refined
do
108, 351 80, 114 116, 250 114,979 137,132 122,015 126,999 126, 129 126, 149 138, 796 147 175 3*139, 613 pl46 502
Consumption, refined (by mills, etc.)
do
367, 381 360, 104 316, 448 268,726 207,222 189,088 181,848 181, 791 183, 452 181, 403 Pl69 249 Pl87 781 2180 149
Stocks refined end of month, total
do
Fabricators'
_
__do_ __ 137, 484 136, 432 118, 422 110,925 100,992 118,153 126,651 126, 712 124, 553 123, 199 Pl20, 233 ^125 335 *>139 080
.3116
.2469
.3008
.2858
.2609
.2962
.3103
.2864
.2867
.2567
.3110
.3130
.2608
Price, bars, electrolytic (N. Y.)
dol. per lb._
.2731
Copper-base mill and foundry products, shipments
(quarterly) :
r
422
575
533
419
Brass mill products
mil of Ib
324
*>433
398
405
359
Copper wire mill products ©
do
187
225
190
240
Brass and bronze foundry products
do
Lead:
Production:
21, 142
19, 592
21, 350 21,015 21 192 T 20 093 21 339
19,570
21, 200 21, 382 22, 716 23, 397
Mine, recoverable lead A -short tons._ 22,961
26, 586
24, 864
28, 651 33,341 30, 192 32, 307 33, 771
23, 563
3l' 737 31, 265
31, 845 29,381
Secondarv estimated recoverable©
do
50, 794
40, 677 38, 393
35, 662
53,771
24, 307 54,882 33,596
36, 683 34, 812 51, 147 34,686
39, 797
Imports (general), ore©, metal.
do
83, 000
80, 000
79, 500
92, 500 85, 900 84, 300 88,400 84,200 85,100 91, 300 96, 200
90,200
Consumption total
do
Stocks, end of month:
Producers', ore, base bullion, and in process©
88 178 89 946
93, 469 94,003 101, 641 104, 835 96, 902 103, 576 97 799
(ABMS)
short tons.. 110, 532 116, 016 113, 773 107,844
Refiners' (primary), refined and antimonial©
short tons__ 162, 476 164, 072 168, 495 169, 958 168, 654 178, 551 197, 725 208, 218 214, 292 209, 827 197 015 170, 877
113, 470 105, 085 101, 357 106,692 117, 519 118, 272 115, 992 118, 119 114, 639 123, 353 124, 044 132, 504
Consumers', total _
do
34, 792 37, 098
35, 310
34, 864
36, 025
31, 689 36, 964 46, 351 54, 685 49, 218 40, 296 37,388
Scrap (lead-base, purchased), all consumers__do
.1119
.1141
.1200
.1190
.1300
.1200
.1156
.1300
.1267
.1100
.1086
.1087
.1264
Price, pig, desilverized (N. Y.)
dol. per lb__ .1122
Tin:
Imports (for consumption) :
18
1
115
1,796
37
48
94
45
3,783
54
3,416
110
0
Ore©*
long tons..
4,214
3,845
4, 510
4,232
4,374
4,662
2,153
4,227
3.001
3,655
4 984
2,989
3,558
Bars, pigs, etc
- - do
1,850
1,860
2
150
2,025
1,650
1,880
1,955
1J800
1,950
1,710
1,820
Estimated recovery from scrap, total©*
do
330
235
265
360
325
275
255
260
340
300
260
As metal
do
7 415
6, 135
6,065
5,840
6,785
5,630
5,765
7,755
7,510
6,860
6,940
Consumption, pig total
- - - _ do
3,885
4, 955
4,115
3,650
4,250
4,880
4,245
3,955
4,700
4,490
4,710
4,350
Primary
"
do
179
31
103
148
69
295
7
110
155
205
112
153
30
Exports, incl. reexports (metal)
do
22, 025
21, 820
20 950
20, 560 20, 065 21, 444 21, 160 22, 425 21, 755 21, 700
20, 690
Stocks pig (industrial) end of month
_ _ do __ 20, 480
.9896
1. 0303
.9935
.9401
.9494
.9489
.9462
1.0231
1. 0271
1. 0415
1. 0250 1. 0304
.9897
.9647
Price, pig, Straits (N. Y.), prompt
dol. per lb__
Zinc:
•• 33, 290 ' 35, 785 35, 436 35, 709 36, 424 37, 670 r 37, 670 36, 049
Mine production, recoverable zincA
short tons__ 'i 33, 690 «• 29, 197 ' 29, 856 ' 30,694 ' 32, 738
Imports (general) :t
23, 998 32, 956 48,083
34,915
42, 090
51, 165 36,892 48, 955 41, 875 45, 769
50, 182
26, 312 31, 222
Ores and concentrates©
- - do __
13, 304
17, 151
18, 320
24, 178
6,506
6,807 16, 006
20,898
17, 744
18, 670 14, 951
12, 790
16, 872
Metal (slab blocks)
do
Slab zinc:
Production (primary smelter), from domestic and
58, 992
61, 024 61,052 71, 101 71,336
61, 051
58, 461
65, 888 74, 750 70, 970 71, 885
foreign ores
short tons__ 63, 551
4,122
4,466
4,402
4,713
3,416
5,604
5,286
5,145
4,280
4,068
5 423
5,168
Secondary (redistilled) production, total
do
75,022
82, 819 75, 202 78, 982 79, 506
70, 033
60, 007
68, 590
77, 010 87, 394 90, 145 88,093
Consumption, fabricators', total _
do
183
433
1
10
124
161
2
16
350
151
746
281
10
Exports . __
do
Stocks, end of month:
252, 979 257, 911 251, 529 238,116 210, 176 191, 744 190,237 195, 777 200, 461 206, 083 r203, 863 196, 004 169, 386 182, 033
Producers' smelter (AZI) _
do
62, 278 74, 316 81, 570 89,261
62, 959
63, 484
76, 295 76, 497
85, 080 83, 420 79, 161
Consumers'
__do_ __ 63, 398
.1142
.1100
.1137
.1000
.1150
.1000
.1000
.1100
.1100
.1150
.1084
.1100
.1100
Price, prime Western (St. Louis)
dol. per lb__ .1000
Zinc oxide (zinc content of ore and concentrates
8. 861
8. 683
8. 398
7,421
9,093
8,126
6,879
6,376
7,942
7,800
8,096
8,038
used in production)
short tons__
••Revised.
v Preliminary.
* Revisions for January-May 1958 (short tons): 39,020; 34,693; 36,602; 40,232; 36,208.
fData for 1947-57 have been revised to incorporate adjustments to materials from the 1954 Census of Manufactures; revisions appear on p. 19 of the November 1958 SURVEY.
©Basic metal content.
I Revisions for 1957 will be shown later.
ARevisions for aluminum castings (1955) and copper, lead, and zinc mine production (1956) will be shown later.
§Beginning January 1959, data are based on larger sample; shipments for January and February 1959, comparable with data through 1958, are 62.9 and 62.8 million pounds.
*New series. Source: U. 8. Department of the Interior, Bureau of Mines, except imports of tin ore (Bureau of the Census). Tin recovery data represent total secondary tin recovered from
scrap processed in the United States. The total includes tin recovered in all forms covering alloys, solder, type metal, babbitt, etc., as well as in metal (secondary pig tin and remelt tin) which
is shown separately. Data in 1957 BUSINESS STATISTICS represent total production (both primary and secondary).




SURVEY OF CUKEENT BUSINESS

S-34
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 1059

1958

June

July

1959

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
1,440
Shipments
thous of sq. ft. of radiation
5,769
Stocks end of month
do _ _
Oil burners::}:
Shipments
number . 48, 403
52, 485
Stocks end of month
do_
Stoves and ranges, domestic cooking, incl. built-ins:}©
164,754
Shipments total
number
3,648
Coal and wood
do__
155,860
Gas (incl. bungalow and combination) JO
do
5,246
Kerosene gasoline and fuel oil
do
145, 234
Stoves domestic heating shipments totalt©
do
17, 334
Coal and wood
do
98, 481
Gas®
do
29,
419
Kerosene gasoline and fuel oil
do
Warm-air furnaces (forced -air and gravity air-flow),
shipments totalt©
number
Gas
do
Oil
do
Solid fuel
do_
"Water heaters gas shipments^
do
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
J5 lowers anu mils, new ui c
pV
'do "
Foundry equipment (new), new orders, net
mo. avg. shipments, 1947-49=100..
Furnaces, industrial, new orders, net:
Flectric processing
thous . of dol
Fuel fired (except for hot rolling steel)
do

98, 608
69, 800
26, 044
2,764
226, 886

Tractors, wheel (excl. garden and contractors' offPumps (steam, power, centrifugal, and rotary), new
orders
- - thous. of dol -

2,095
4,950

2,643
4,097

2, 765
3,355

1,775
3,182

1,253
3,182

1,446
3,791

1,415
4,234

1,713
4,596

1,801
4,715

1,074
5,305

45, 047
47, 782

58, 921
41, 968

74, 611
35, 265

79,000
30, 413

51, 765
30, 788

40, 695
32, 434

47, 409
37, 693

44, 656
43, 350

43, 765
46, 302

43, 500
53,150

48, 232
52,238

137,910
3,668
129,262
4,980

168,803
4,489
157,436
6,878

194,890
5,659
182,546
6,685

224,902
5,616
211,904
7,382

181, 527
3,985
171, 096
6,446

189, 567
4, 159
180, 963
4,445

158, 506
4,367
148, 799
5, 340

162, 707
3,949
152, 432
6,326

181, 751
3.490
171, 483
6,778

175, 631
4,039
164, 802
6,790

170, 279
2,407
161, 336
6,536

202, 594
24, 720
131, 441
46, 433

263, 185
35,013
175, 457
52, 715

333, 778
58, 129
218, 012
57, 637

367,117
61, 183
243,032
62, 902

200, 988
29, 482
141, 479
30,027

132, 444
16, 430
90, 421
25, 593

99, 516
9,762
52, 705
37, 049

100, 696
9,499
55, 545
35, 652

132, 066 ' 131, 104
12, 689
18, 562
75, 837
73, 051
46, 326 ' 36, 705

94, 064
65, 254
25, 941
2,869
217, 383

124, 199
85, 356
34, 911
3,932
211, 634

153,269
103, 852
43, 818
5,599
224, 691

145,350
100,103
40, 100
5,147
254, 743

114, 726
81, 070
30, 179
3,477
193, 146

90, 952
65, 789
22, 932
2,231
203, 977

89, 053
64,128
22, 821
2,104
252, 913

86, 317
63, 462
20, 999
1,856
246, 716

95,005
70, 294
22,934
1,777
252, 612

97, 608
74, 589
21, 147
1, 872
248, 109

100, 581
75, 709
23,168
1,704
227, 576

32, 765
19, 247

30, 151
20, 915

122, 111
20, 915
63. 375
37, 821

29, 358
21, 160

87.7

77.9

74.1

64.5

118.9

83.3

137.0

127.4

237.1

166.6

154.2

157.0

979
1,344

1,217
3,578

1,177
2,010

1,119
771

908
854

777
3,874

1,578
1, 887

891
2,178

919
1,921

945
3,342

1,230
6,924

1,037
2,526

1,483
3,066

453
353

233
211

385
294

467
295

426
238

429
385

361
270

282
206

426
266

440
295

361
292

574
384

1,134

1,182

1,510

1,368

1,407

1, 501

1,472

1,429

1,897

2,155

1,760

2,040

26.55
21.95
29.70
24.50
2.7

28.30
23.20
29.80
24.95
2.8

28. 10
24.65
34.90
29.65
2.9

37.00
32.00
41.40
35.90
3.0

30.70
26.85
33.65
27.45
3.0

43.90
34.75
43.95
37.80
3.1

41.05
35. 10
31.30
25.80
3.4

45.40
40.05
36.05
29.85
3.8

51.55
46.70
45.75
39.40
3.9

53.20
46.90
45.00
38.25
3.9

' 48. 70
' 45. 55
T••41.00
36. 30
3.9

p 67. 30
P 61. 80
v 52. 75
* 47. 15
M.1

Industrial trucks (electric), shipments:
353
Hand (motorized)
number
111
Rider -type
do_
Industrial trucks and tractors (gasoline-powered),
1, 324
shipments
number
Machine tools (metal-cutting and metal-forming) :f
32.10
New orders (net) total
mil of dol
24.30
Domestic
do
45. 50
Shipments total
- do
38.90
Domestic
do
2.5
Estimated backlog
-- months
Other machinery and equipment, quarterly shipments:
Construction machinery (selected types), total 9*
thous. of dol__ 286,035
91, 405
28,424
Tractors, wheel (contractors' off-high way) _ _ do
Tractor shovel loaders, integral units only (wheel
48,607
Farm machines and equipment (selected products),

1,457
5,300

252, 200
79, 490
26, 682

177,376
46, 008
15, 708

248, 590
71, 964
20 543

40, 797

37, 386

49 576

255,689

193,590

137, 112

241, 707

134, 940

108, 625

116, 525

148, 786

T

34~044~ ~i"36.~398~ ~i~36~958~

1

66, 266

1

58. 068 i 58, 265

5,467

5,088

5,663

5,864

5,411

4,414

5,200

4,972

5,460

1,773

2,101

2,333

2,704

2,976

2,262

3,041

2,672

1,791

1,376

1,437

1, 593

2,116

116.8
140

98.5
145

81.4
152

121.8
155

135.5
173

129.4
184

143.9
180

120.8
150

134.6
173

172.6
164

136.1
171

133.4
178

170

253.1
288.8
2
774. 4
2
377. 1

263.8
277.3
621.5
275. 0

280.2
326.8
1, 028. 9
507.5

299.6
423.1
2
1,572.0
2 621. 7

339. 1
404.1
1,322.2
495. 6

293.6
333.0
1, 545. 6
437.8

317.0
330.5
2
1,525.7
2
414. 9

242.5
288.5
1,124. 7
437.0

271.4
297.8
1, 125. 4
459.5

346.6
329.7
21,347.6
2 494.0

317.4
274.4
1, 040. 2
389.3

107.0
1, 154
41,033

90.0
1,015
32, 941

106. 0
1,147
36, 383

124.0
1, 509
40, 987

135.0
1,829
34, 318

122.0
1,519
30, 196

124.0
1,565
27, 468

130.0
1,847
34, 764

138.0
1,776
26, 789

152.0
1,945
25, 856

166.0
2,062
31, 654

ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
thousands. _
Household electrical appliances:
Ranges (incl. built-ins), domestic and export sales*
thousands. .
Refrigeration, output (seas, adj.)©
1947-49=100.Vacuum cleaners (standard type) , sales billed
thousands _.
Washers, sales billed (domestic and export)A--do
Television'sets (incl. combination), prod.§
do
Insulating materials and related products:
Insulating materials, sales billed, index
1947-49=100.Vulcanized fiber products, shipments__thous. of doL_
Steel conduit (rigid), shipments
thous. of ft_Motors and generators, quarterly:
New orders, index
1947-49=100.Polyphase induction motors, 1-200 hp:f
New orders, gross
thous. of dol. _
Billings
do
Direct current motors and generators, 1-200 hp:f
New orders, gross
thous. of'doL,
Billings.
_.
do, .
r

273.6
257.3
341. 9
277.9
1,039.6 *r 21,430.2
2
431.9
571.0

1,860
35. 037

p 829. 3
v 346. 9

1,815
46. 100

140.0

144.0

155.0

164.0

37, 077
34, 817

36, 988
33, 580

37, 637
35, 742

41, 089
38 188

47, 367

5,420
5,881

5, 338
4,916

5,657
6, 294

8 271
5,169

7 781

1
Revised.
v Preliminary.
Data are for month shown.
2 Represents 5 weeks' production.
{Beginning January 1959, industry estimates are based on revised inflating factors and are not strictly comparable with earlier data.
©Revisions will be shown later; see note in September 1958 SURVEY for period affected.
9Includes data not shown separately.
DExcludes oil-fired unit heaters
©Revised to include data for built-in gas-fired oven-broiler units beginning January 1958; shipments of cooking tops (for use with the ovens), not included in figures above totaled 29 800
units (4-burner equivalent) in May 1959.
QBeginning 1958, data reflect ^classification of items covered; see note (1) in May 1959 SURVEY.
fRevised, effective with the April 1958 SURVEY, to include the metal-forming types; comparable data for 1956 will be shown later.
0"Data exclude shipments of farm elevators and blowers'
see note in September 1958 SURVEY.
'
*New series. Beginning 1st quarter 1958, construction machinery figures (Bureau of the Census) cover, in addition to excavating and earthmoving equipment (described in the 1957 edition
of BUSINESS STATISTICS), shipments of tractors (shownseparately), mixers, pavers, portable crushing, screening, and combination plants, etc.; comparable data prior to 1958 are not available.
Electric range data (National Electrical Manufacturers Association) represent estimated industry totals based on member reports which account for approximated 85 to 90poercent of the total
industry; monthly data back to January 1956 will be shown later.
AAdjusted beginning with the October 1958 SURVEY to include export sales. Data exclude sales of combination washer-dryer machines. Such sales (including exports) totaled 10 400 units
in June 1959.
'
§Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for June, September, and December 1958 and March
and June 1959 cover 5 weeks; all other months, 4 weeks.
^Data for induction motors cover from 25 to 30 companies; for d.c. motors and generators, from 14 to 20 companies.




SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-35

1958

June

July

August

1959

SeptemNovem- DecemOctober
ber
ber
ber

January

February

March

May

April

June

July

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production __
. thous. of short tons. .
Stocks in producers' storage yards, end of mo..do
Exports
_
_
_do
Prices:
Retail, stove, composite
__dol. per short ton__
Wholesale, chestnut, f o b . car at mine _ do _
Bituminous:
Production
_
_ _ thous. of short tons. _
Industrial consumption and retail deliveries, total t
thous. of short tons_.
Industrial consumption, total §t
do
Electric-power utilities
do
Oven-coke t
_ do
Beehive coke ovens
do
Steel and rolling mills § __
_ do
Cement mills §
do
Other mfg. and mining industries §
do
Railroads (class I)
do
Bunker fuel (foreign and lake vessel) § _ _ do __
Retail deliveries to other consumers §

_do

Stocks, industrial and retail dealers', end of month,
total §fthous. of short tons..
Industrial, total §t
do
Electric-power utilities. __
__ . do
Oven-coke plantst
- do
Steel and rolling mills §
do _
Cement mills
__
__do_
Other industrials
do
Railroads (class I)
do _.
Retail dealers

do

Exports! - - _ . . _do
Prices:
Retail, composite
dol. per short ton
Wholesale:
Screenings, indust. use, f. o. b. car at mine__do
Domestic, large sizes, f. o. b. car at mine do
COKE
Production:
Beehivef
thous. of short tons-.
Oven (byproduct) t - -do
Petroleum coke 9
do
Stocks, end of month:
Oven-coke plants, total
do
At furnace plants
_ __ do_ __
At merchant plants
_ _ do
Petroleum coke .__
do _
Exports
do
Price, oven foundry coke (merchant plants), f. o. b.
Birmingham, Ala.d"
dol. per short ton__

1,963
366
232

1,377
395
139

1,750
446
158

2,050
501
235

1,966
527
252

1,559
580
198

1,959
406
192

2,194
329
181

1,557
298
166

1, 508
281
108

1, 503
329
79

27.63
13. 279

27.76
13. 685

27.76
13. 685

27.80
13. 951

27.95
14. 343

28.13
14. 413

28.14
14. 413

28.26
14. 413

28.81
14. 966

28.80
14. 763

28.75
13. 391

34, 155

23, 944

33, 952

36, 450

39, 686

34, 399

39, 352

35, 730

33, 760

34,820

34, 460

r

25, 650
24, 199
11,183
5, 577
78
486
718
5,806

26, 278
24, 824
11,821
5,641
54
438
729
5, 829

28, 204
26, 141
12, 381
6,118
68
466
673
6,097

29, 473
26, 647
12, 087
6, 350
94
472
683
6,609

32, 456
29, 028
13, 094
7,207
105
538
735
6,931

32, 319
29, 251
13, 265
7,393
110
575
682
6,833

36, 504
32, 604
15, 715
7,744
128
830
760
7,000

36, 687
32,643
15, 907
7,864
140
808
645
6,937

33, 312
29, 761
14, 002
7,784
149
768
591
6,160

34, 752
31, 950
14, 400
8,861
229
756
717
6,697

30, 925
29, 291
12, 632
8,613
253
645
693
6,148

' 30, 253 29, 919
' 29, 235 28, H60
12. 718
13, 249
' 8, 830
8, 360
••222
202
567
548
757
732
5,798
5,462

227
124

191
121

197
141

215
137

281
137

282
111

363
64

339
3

304
3

286
4

241
66

189
'154

152
155

1,451

1,454

2,063

2,826

3,428

3,068

3,900

4,044

3,551

2,802

1,634

1,018

1,059

74, 646
73, 789
48, 670
11,784
680
1,144
11,016
495

71, 144
70, 217
47, 290
10, 040
540
1,093
10, 840
414

72, 256
71, 256
48, 041
10, 119
561
1,120
11,013
402

74, 020
73, 003
49, 508
10, 523
609
1, 212
10, 749
402

77, 807
76, 745
50, 653
11, 666
606
1,329
12, 082
409

77, 212
76, 123
50, 326
12, 336
704
1,424
10, 946
387

76, 285
75,339
48, 752
12, 957
778
1,495
11,012
345

71, 203
70, 450
45, 121
12,128
685
1,331
10, 825
360

69, 167
68, 512
43, 024
11, 852
658
1,209
11, 420
349

65, 868
65, 349
41, 939
11, 684
607
1,052
9,730
337

65, 739
65, 254
42,292
11, 569
610
1,030
9,477
276

r 67, 659
r 67, 229
43, 686
-•11,837
622
1,103
9,515
266

70, 369
69, 572
44, 932
12, 428
726
1,196
10, 019
271

1,062

1,089

946

753

655

519

485

630

797

4,510

4, 086

2,920

3,142

2,288

2,824

3,148

3,303

2,894

857

927

1,000

1,017

4,828

4,386

5,484

4,626

16.16

16.28

16.31

16.60

16.49

16.81

16.83

16.98

16.99

17.00

16.94

5. 443
7. 122

5. 385
7.247

5. 325
7.569

5.326
7.659

5.329
7.784

5.291
7.822

5.280
7.841

5.332
8.013

5.334
8.013

5.341
7.775

5.206
7.359

45
3,889
593

29
3,928
638

39
4,276
637

55
4,450
604

62
5,046
665

64
5,177
647

77
5,431
687

82
5, 533
683

92
5,437
636

137
6,262
736

3,877
2, 531
1,346
725
30

3,983
2, 585
1,398
795
48

4,007
2,588
1,419
821
25

3,993
2,577
1,416
845
28

3,896
2,507
1,389
882
42

3, 882
2,482
1,400
931
42

3,815
2,411
1,404
964
33

3,793
2,366
1,427
995
29

3,709
2,274
1,435
1,041
31

28.85

28.85

28.85

28.85

28.85

28.85

28.85

29.23

1,980
190, 240
83
225, 803

2,251
203, 700
84
234, 164

1,842
215, 114
86
242, 537

2,112
212, 972
85
232, 884

2,388
216, 304
84
238, 695

2,383
209, 518
84
233, 279

2,338
221, 210
86
246, 781

253, 550
71,419
161, 373
20, 758

246, 556
70, 356
156, 037
20, 163

244, 810
68, 692
154, 943
21, 175

251, 701
69, 906
160, 914
20, 881

255, 345
69, 932
164, 563
20, 850

257, 546
69,008
166, 992
21, 546

262, 730
69, 568
172, 458
20, 704

1,388
372
158

1,140

1,683
395
106

27.44
27.34
13. 391 P 13. 391
34, 860

16.58

16.55

5.174
7. 313

p 5. 169
f 1. 438

"152
6,074
617

140
6,244
693

121
5, 923

3,587
2, 158
1,429
1,094
33

3, 423
2,042
1, 381
1,094
35

f 3, 154
' 1, 835
1,320
1,131
61

2, 906
1, 649
1,257

30.35

30.35

30.35

30.35

30. 35

2,427
223, 926
88
255, 124

1,853
201, 435
87
227, 562

1,995
222, 839
88
254, 422

2,209
217, 685
84
235,982

2,149
223, 806
83
244, 789

258, 108
69, 136
168, 227
20, 745

260, 040
71,466
167, 288
21, 286

254, 940
71, 606
162, 216
21, 118

257, 564
70, 214
166, 555
20, 795

264, 525
71, 016
171, 998
21, 511

r

23, 970

36, 470

.........

~

41

30.35

PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed t
number..
Production!
thous. of bbl__
Refinery operations
percent of capacity.
Consumption (runs to stills)
thous. of bbl— .
Stocks, end of month:
Gasoline-bearing in U. S., total
do _.
At refineries
do__ _
At tank farms and in pipelines
do
On leases
do

216
334
308
Exports
do
170
352
275
330
74
97
178
230
267
192
34, 460
31, 182
32, 056
Imports
do
33, 645
34, 320
31, 168
29, 155
32, 681
25, 040
31, 568
35,415
33, 420
42, 429
3.07
3.07
3.07
3.07
Price (Oklahoma-Kansas) at wells
dol. per bbl_
3.07
3.07
2.97
2.97
3.07
2.97
2.97
2.97
Refined petroleum products:
Fuel oil:
Production:
48, 342
52, 878
51, 145
53, 506
Distillate fuel oil
thous. of bbl
56, 372
54, 364
66, 124
61, 610
60, 595
54, 295
60, 458
52, 181
27, 346
29, 789
Residual fuel oil
do
30, 407
29, 738
29, 361
29, 197
34, 622
32, 569
34, 246
27, 874
28,104
31, 493
Domestic demand:
32, 135
36, 864
31, 915
47, 319
38, 056
Distillate fuel oilf
do
57, 010
97, 574
95, 234
67, 218
74, 102
38, 521
47, 682
34, 064
39, 019
38, 118
45, 049
37, 070
44, 642
Residual fuel oil tdo
62, 799
59, 281
62, 940
39, 636
57, 436
45, 130
Consumption by type of consumer:
5,343
6, 102
6,567
6,435
9,221
Electric-power plants t
do
6,953
7,578
9,974
8,578
8,851
7,181
5,793
5,895
6, 918
7,185
7,366
Railways (class I)
__
do. __
7,621
7,389
7,777
8,713
8,554
8,172
7, 555
7,642
7,440
6, 629
7,130
6,647
Vessels (bunker oil)
__ _
...do
6,861
7,482
6,564
6,148
7,044
6,889
5,934
7,246
7,139
6,879
Stocks, end of month:
Distillate fuel oil...
do._._ 105,311 119, 437 139, 862 155, 412 164, 686 161, 192 125, 101 96, 849 84, 071 80, 662 86, 222 101, 816
63, 864
66, 457
67, 230
Residual fuel oil
do
67, 670
66, 223
67, 045
55,214
59, 508
57, 210
54, 178
53, 961
53, 327
Exports:
1,138
1,910
1,757
Distillate fuel oil
do
1,395
1,830
1,119
1,236
1,416
730
875
894
1,073
1, 118 ----1,952
Residual fuel oil
__ __ _
__do
1,805
2,163
2,341
2,738
2,892
1,940
1,675
2,006
2,379
2,042
1,624
2,133
Prices, wholesale:
.093
.096
.093
Distillate (N. Y. Harbor, No. 2 fuel)— dol. per gal_.
.099
.099
.099
.107
.104
.112
.112
.102
.107
1.20
1.20
1.30
Residual (Okla., No. 6 fuel)
dol. per bbl__
1.30
1.40
1.50
1.70
1.90
1.60
1.90
1.80
1.80
Kerosene:
8,202
6,978
6,984
Production
_ -thous. of bbl. _
9,778
8,544
10, 500
9,484
12, 978
11, 593
11, 686
7,574
8, 269
5,272
5, 538
10,114
9,008
6,031
Domestic demandf
do ... 4,278
17, 616
17, 997
10, 693
13, 113
4,075
5,980
Stocks, end of month
_do ... 24, 167
28, 662
25, 655
31, 877
32, 120
31, 259
26, 040
18,688
21, 090
19, 725
24, 535
21, 003
58
51
29
Exports
do
44
231
261
57
137
29
25
25
23
Price, wholesale, bulk lots (New York Harbor)
.098
.101
dol. per gal..
.104
.098
.104
.104
.112
.109
.117
.117
.107
.112
r
Revised.
» Preliminary.
fRevisions will be published later for indicated items as follows: Bituminous-coal consumption (January-August 1957) ; bituminous stocks (February , May, and Octobei- 1957) ; bituminous
exports (1957-January 1958), beehive- and oven-coke production (1956); oil wells completed, crude production, and refined petroleum products (Januan/•-SeptemlDer 1957) .
§Data for total industrial consumption, retail deliveries, total industrial and retail stocks, and for the indicated components have been revised to*new benchmarks; Bunker fuel figures
now include fuel on lake vessels. Revisions for consumption and retail deliveries are available on annual basis from 1933 forward and on monthly basis beginnin ? January 1954: revisions for
stocks begin with January 1957 (earlier figures for affected items not strictly comparable).
9 Includes nonmarketable catalyst coke,
cf Substituted series (averages of weekly quotations from Steel magazine); data prior to May 1957 will be shown later.




August 1959

SUEVEY OF CUREENT BUSINESS

S-36
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

1958

June

1959

DecemOctober NovemAugust September
ber
ber

July

January

February

March

April

May

June

July

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products — Continued
Lubricants:
4,224
Production
thous. of bbl -3,708
Domestic demandf
do
10, 659
Stocks refinery end of month
do
818
Exports
_ _ do
Price, wholesale, bright stock (midcontinent, f. o. b.
.230
Tulsa)
dol. per gal
Motor fuel:
Gasoline (including aviation) :
Production, totalf
thous. of bbl. 116, 865
104, 008
Gasoline and naphtha from crude oil
do
Natural-gas liquids:
11, 594
Used at refineries (incl. benzol)
do
1,263
Used in other gasoline blends etcf
do

4,397
3,303
10, 574
1,126

4, 564
3,520
10, 215
1,356

4,162
3,362
10, 037
933

4,519
3,529
9,765
1,209

4,313
3,498
9,412
1,116

4,692
3,440
9, 687
932

4,360
3,504
9,494
1,002

3,941
2,746
9,728
913

4,652
3,799
9,407
1,135

4,751
3,577
9 170
1,358

4,754
3,831
8,912
1,115

.230

.230

.230

.230

.230

.230

.230

.230

.230

.230

.230

126, 213
112, 228

127, 787
113, 352

120, 010
106. 005

121, 539
106, 990

120, 877
106, 477

128, 537
113, 896

127, 508
113, 841

111, 523
99, 177

126, 219
112, 060

118, 105
104 669

123, 879
110,444

12, 285
1,700

13, 179
1,256

13, 323
682

13,912
637

14, 355
45

14, 612
29

11, 941
1,726

11,114
1 232

12, 884
1,275

11, 882
1 554

12, 338
1,097

do

125, 444

130, 903

129, 925

120, 389

125, 097

110, 587

120, 305

114, 720

99, 759

118, 995

124, 917

127, 979

do
do
- - do
do

175, 465
90, 977
10, 811
23, 856

169, 709
87, 458
10, 996
i 24, 210

166, 131
85, 118
11.220
26, 182

164, 375
82, 878
10, 962
27, 437

157, 576
79, 229
12, 544
27, 894

165, 888
81, 632
12, 686
27, 349

174, 526
94 378
12, 234
22, 752

187, 472
99, 875
11, 603
18, 008

197, 468
106 853
12, 899
17, 651

204, 648
111, 274
13, 964
19, 524

197, 841
104 376
12, 554
22 589

192, 176
99, 252
12, 534
27, 210

1,262
Exports (motor fuel gasoline, jet fuel)
do
Prices, gasoline:
.115
Wholesale, refinery (Okla., group 3) dol. per galRetail (regular grade, excl. taxes), service sta.214
tions 54 cities
_
dol. per gal._
Aviation gasoline:
9,998
Production tot^l
thous of bbl
6,956
100-octane and above
_
do_ __
12, 273
Stocks end of month, total
do
7,591
100-octane and above ___
_
do__ _
Jet fuel:
6,480
Production
do_ __
8,890
Domestic demandf
- - -do
5,752
Stocks end of month
do
Asphalt:©
9,895
Production
_ _ _ do
13, 953
Stocks refinery end of month
do
Wax:O
445
Production
do
743
Stocks, refinery, end of month _ _
do

1,874

1,818

1,589

1,807

1,904

1,587

1,110

1,236

941

1,650

1,473

.115

.120

.120

.120

.116

.116

.115

.115

.120

.120

.120

Domestic demandf
Stocks, end of month:
Finished gasoline
At refineries
Unfinished gasoline
Natural-gas liquids

Asphalt and tar products, shipments:
Asphalt roofing, total
thous. of squaresRoll roofing and cap sheet
do
Shingles, all tvpes
- do
Asphalt siding
Insulated sidingcf
Asphalt board products
Saturated felts

__

do
__do
thous. of sq. ft
short tons

1,159

1,156

.222

.221

.215

.211

.204

.206

.210

.211

.213

.211

.212

11, 024
8,120
11, 180
7,186

12, 127
8,973
10, 183
6,570

11, 142
8,455
10, 564
6,846

10, 843
8,043
10, 778
7,077

10, 464
7,964
11, 476
7,308

10, 690
7,612
12, 300
7,599

10, 269
7,677
13, 186
8,286

9,979
6,617
14, 437
8,490

9,845
6,842
14, 884
8,763

10 099
6,801
14 408
8,217

10, 567
6,179
14, 325
8,062

6, 314
8,278
6,004

6, 551
7, 260
6,253

7,061
8,684
6,145

6,558
9,678
5,373

5,804
7,100
5,184

6,982
8,121
5,871

6,112
8, 086
6,257

6,218
7,203
6,499

7,958
7,568
7,879

7,154
8,589
7 842

7,060
7,476
7,960

10, 189
12, 294

10, 785
10, 256

10, 352
8,696

9,384
7,351

6,949
8,416

4,524
9,757

4,510
11, 252

4,379
12 726

6,769
14, 270

7,674
15 235

9,281
15 351

390
692

422
699

475
708

455
665

474
733

456
712

499
714

408
683

466
684

506
715

473
741

6,209
2,234
3,974

5.697
2, 1C4
3,533

7,507
2,811
4, 696

6.096
2. 486
3,611

5,880
2,377
3,503

3,864
1,472
2,391

2, 391
851
1,540

2,698
1,029
1,669

3,365
1,221
2,144

6,950
2,524
4,426

3,985
1,379
2,606

4,749
1 568
3,182

5,563
1 820
3,743

92
167
1,953
93, 855

90
178
2,373
75, 826

110
169
1,926
109, 794

114
197
1,925
86, 761

132
188
1,842
Fl, 137

97
113
1,153
65, 787

59
68
1,058
54, 392

54
76
950
58 927

67
69
1,094
66 678

110
107
1,484
120 966

53
143
2 206
80 148

62
159
1 870
83 830

69
165
2 087
93 477

.213

PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
__thous. of cords (128 cu. ft.)_
Consumption __
do __
Stocks, e n d o f month
_ _ _ _ _
do
Waste paper:
Consumption
thous. of short tons
Stocks end of month
do

2,632
2,788
5,810

2,646
2,640
5,793

3,153
2,994
5,995

3,043
2,934
6,120

3,407
3,388
6,103

2,841
3,047
5,932

2,839
2,813
' 5,942

3,174
3,165
5,931

2,962
2,942
5,952

3,040
3,255
5 740

2,805
3,314
5 205

723.7
476.7

686.6
488.4

781.0
445 6

785.2
429 4

805 4
436 9

719 2
439 9

692 5
'469 8

712 9
463 4

745 9
449 5

794 4
455 8

786 8
471 5

WOOD PULP
Production :
Total, all grades.
thous. of short tons __ 1, 729. 2
79.7
Dissolving and special alpha
do_ __
964.0
Sulfate
do
189.9
Sulfite
_ _
do

1,629. 6
64.9
919.3
166.7

1, 873. 8
75.7
1, 083. 6
182 7

1, 822. 6
72.1
1, 034. 3
189 1

2, 081. 6 1, 908. 2
88.4
84.7
1 205 4 1, 109. 5
197 7
223 5

1, 754. 3
77.7
981 6
194 0

1, 961. 0 1, 836. 1 2, 039. 6
93 8
90 2
94 4
1 111 3 1 044 8 1 153 7
213 0
207 1
184 3

' 2 950
3 285
4 835
r 783 g
r 489 0

r
r

3 115
3 298
4 651
791 2
495 1

2, 060. 1 r 2,090
0
r
86 7
90 0
1 181 4 r i 207 2
210 9
207 6

2 057 3
94 2
1 171 9
901 8

Groundwood
Defibrated or exploded
_
Soda, semichem., screenings, damaged, etc
Stocks, end of month:
Total, a l l mills. _ _ _ _ _ _
Pulp mills
Paper and board mills _ _ _
Nonpaper mills

do
do
do

235.0
95.9
164.8

222 9
96.7
159.1

243 1
101.8
186.9

234 5
102.8
189.9

258 3
104.8
201.4

237 5
93.8
184.9

do
do
do
do

944.4
293 1
560. 2
91 2

912
276
550
85

4
0
6
9

883.8
265 6
537.4
80 8

873 3
258 9
533 3
81 1

888 8
272 0
533 8
82 9

886
273
528
84

Exports, all grades, total
Dissolving and special alpha
All other. _ . _

do
do
do

47.4
22.4
25.0

40.8
16.3
24 6

35.8
16 2
19 5

38.8
14.2
24 6

41.1
22 0
19 1

46 9
17 0
30 0

40 3
18 8
21 5

53 1
22 1
30 9

43 0
22 1
20 8

47 9
27 0
20 9

52 7
20 5
32 3

37 2
21 8
15 4

55 7
24 0
31 7

185.6
10.2
175.4

174.5
11.6
162 9

159.6
12.8
146 8

193.6
15 3
178 3

199.4
14.9
184 5

198 3
12 4
185 9

198 5
15 3
183 1

215.9
11 4
204 5

186 1
12 4
173 7

180 3
12 4
167 9

213 7
15 9
197 8

200 9
13 0
187 9

214 3
14 0
200 3

Imports, all grades, total
Dissolving and special alpha. _
All other

_
_

do.__
do
do

8
9
3
6

235 0
93 1
172.8

f 878
r 248
r 543
85

4
8
8
9

265 5
98 0
185.3

243 4
91 8
181.5

264 0
109 0
205.4

267 2
105 9
204.7

T 271 5
106 7
' 210. 2

265 5
109 9
214.0

906
271
552
82

900
272
548
79

924
298
546
79

916
2Q2
545
78

r

950 9
r 317 9
r 555 Q
77 5

935
310
545
80

6
1
7
8

4
5
3
6

1
2
6
3

4
4
3
7

~

8
5
2
2
_

PAPER AND PAPER PRODUCTS
All paper and board mills, production:
2,653
2,700
Paper and board, total
thous. of short tons__ ' 2, 505
2,914
2,355
2,640
2,621
2,513
2,707
2 867
2 958 r 2 925
2 911
Paper
do
1,149
1,116
1,149
'1,091
1,018
1,253
1,125
1 213
1 145
1 294 r 1 277
1 239
1 245
1,249
1,072
Paperboard
_ _ _ _ do _ ' 1, 151
1,237
1 362
1,260
1 151
1 239
1 222
1 335
l' 352 r ] 344
1 3K6
11
11
11
12
13
14
Wet-machine board
_
_ __do___
10
10
12
12
13
13
13
252
276
278
Construction paper and board
do
255
243
285
243
225
243
299
281
••291
297
' Revised.
* Preliminary.
1 New basis effective July 1958; not strictly comparable with earlier data.
fRevisions for 1957 will be published later for indicated Items as follows- Lubricants (January, March, April, June, August, and September); gasoline (January-September); jet fuel (January-May and September).
©Asphalt—5.5 bbl. = l short ton- wax—1 bbl =280Ib
cTData prior to 1957 will be published later.
'




SURVEY OF CURRENT BUSINESS

August 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-37
1959

1958
DecemOctober NovemAugust September
ber
ber

July

June

J anuary

February

March

April

May

June

July

PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Continued
Paper, exrl. building paper, newsprint, and paperboard
(American Paper and Pulp Association):!
Orders new 9
thou^ of short tons
Orders unfilled end of month $
do
Production
- do. __
Shipments 9
do
Stocks end of month 9
do
Fine paper:
Orders new
do
Orders unbilled end of month
do
Production
- __do__ _
Shipments
do
Printing paper:
Orders new
Orders unfilled end of month
Production
Shipments

do
do
do
- do

Price, wholesale, book paper, "A" grade, English
finish white f o b mill
dol per 100 Ib
Coarse paper:
Orders, new
_ thous. of short tons _
Orders unfilled end of month
do
Production
do
Shipments
do
Slocks end of month
do
Newsprint:
Canada (incl. Newfoundland):
Production
do
Shipments from mills
do

815. 4
665. 2
953. 8
792.1
528.3

801.0
696. 0
891.6
737.0
527.5

829.4
715. 0
1, 007. 5
841.4
514.6

126. 0
78.1
129. 0
125. 9
146.7

130.9
93.2
110.5
117.7
143.8

118.1
74,9
130.9
122.4
123. 9

363.2
433.8
338. 9
339.4
217. 9

336. 8
432. 7
314.3
311.2
221.0

340.9
461. 5
347.8
347.6
221.2

r

906.2
805. 9
686. 5
657. 4
984.6 1, 102. 0
901.1
796. 1
541.6
504. 6

852.4
697. 4
1. 007. 1
813. 5
531.6

819.5
640.3
986.8
797. 5
537.8

923.2
900.0
601.6
669.6
1, 054. 7 1, 000. 2
873.3
836.3
542. 4
534.0

108.2
65. 5
133.2
111.0
116 9

130.2
70.1
144. 3
128.7
130.7

126. 6
73.0
133.9
125. 4
136. 0

115.3
66.6
138.0
118. 7
145. 9

149.2
78.6
138. 4
141. 9
131. 3

320. 8
398.7
328. 1
324. 3
225 1

357. 0
414.4
358.3
356.0
227.3

361.8
441. 2
325. 7
326. 4
226 7

345. 5
394.8
329.0
329.3
226.6

384.0
329. 3
358. 2
353. 2
236. 5

' 975. 0 ' 1,009. 2 938.2
743.3
«• 704. 6
'761.3
1 ' 1,142. 7 1,112.5
938.0
' 897. 3 ' 950. 3
548. 2
' 540. 0 r 552. 7

851. 0
664. 0
849.0
845. 0
484. 0

146. 9
89.7
135. 9
137. 5
129.6

' 158. 3 'r 162. 2
109. 7
r 101. 6
' 148. 0 ' 152.0
' 148. 5 ' 150.3
r 129. 1
* 128. 2

142.1
101.0
150.9
150. 6
126.0

137. 0
97. 0
142.0
141.0
127.0

370.4
360.8
329. 1
326.8
238. 8

r 418. 1
r 391. 2

r 437. 8
r
430. 5
rT 383. 8
370.6
'r 362. 5 r 382. 6
248. 0
246 9

390.0
430. 7
378.9
379. 3
247. 6

370. 0
409. 0
358. 0
358. 0
248. 0

r 1, 082.

15.95

15.95

15.95

15.95

15.95

15. 95

15. 95

15. 95

15.95

282.8
119.3
281.5
281.2
107.1

283.9
128.3
269. 5
263. 2
101.3

317. 1
134. 9
314.3
315.6
103.5

323. 5
139.6
309. 2
307.2
96.7

359. 2
152.8
350. 5
354. 8
105. 3

312. 0
143.1
326. 5
309. 0
103.5

298.0
131. 0
298.0
294. 9
95.6

330. 4
147. 5
320. 6
319.8
101.1

327.1
168. 1
311.7
316. 2
103. 2

482. 5
480. 6
223. 6

508.4
523. 2
208.8

511.0
491. 9
227.9

490.8
495. 3
223.3

544. 1
555. 1
212.3

518.1
527. 7
202.7

476. 2
494. 3
184.7

491.1
465.9
209 9

466. 0
416. 2
259. 6

511.9
453. 2
318.3

141.8
138. 6
21.5

134.9
137.8
18.6

148.5
142.0
25.1

137.2
139.7
22.6

154.8
158. 7
18.6

152. 6
150. 6
20.6

144.7
148.8
16.5

165.7
155. 1
27 1

149. 6
155. 0
21.7

409.2

364. 5

387.6

413.0

470.0

465.2

394.3

394.9

667.8

698.1

724.4

697.2

655.3

632.8

651.7

651.8

422.3
Imports
do
Price, rolls, contract, delivered to principal ports
dol. per short t o n _ _ 134. 40
Paperboard (National Paperboard Association):
Orders, newt
thous. of short tons__ 1, 155. 7
356.5
Orders, unfilled, end of month
do
1, 138. 0
Production total J
do
86
Percent of activity
_
Paper products:
Shipping containers, corrugated and solid fiber,
7,757
shipments!
mil sq. ft. surface area
Folding paper boxes, index of physical volume:*
129.3
Consumption of boxboard
1947-49=100.
122.3
Shipments of boxes
_
do
PRINTING
1
Book publication, total
number of editions.- 1 1,344
1, 137
New books
do
'207
New editions
. do

411. 6

367.7

391.6

439.5

431. 3

432.1

134. 40

134. 40

134. 40

134. 40

134. 40

134. 40

1, 138. 6
465. 5
1, 053. 8

1, 256. 9
407.3
1, 302. 0

1, 309. 2
482.8
1, 255. 1

1, 400. 0
427.6
1, 408. 3

United States:
Production
Shipments from mills
Stocks at mills end of month

do
do
do

Consumption by publishersd*
do
Stocks at and 'in transit to publishers, end of
inonthd"
_ thous. of short tons. _

76

93

7,892

8,752

9,032

141.0
118.5

129.2
129.2

135. 6
133.1

972
752
220

679
552
127

i 1, 023
*871
1
152

90

95

16.28

p 16. 28

347. 0
101. 5
346. 8
343. 6
104.7

344. 0
158.0
349. 0
346. 0
109. 0

534. 6
577. 5
275 A

551. 3
589.1
237.5

534.2
535. 6
236. 1

161.8
159. 2
24.3

161.3
168.6
16.9

172.4
166. 8
22.5

167. 9
161.4
29.0

384. 5

457.7

466. 5

484.2

428.9

636.3

578.5

567.9

562. 4

579. 8

341. 6

351. 6

410.3

430.7

477.0

458. 2

134. 40

134. 40

134. 40

134. 40

134. 40

P 134. 40

1, 224. 6 1, 249. 1 1. 168. 6
369.6
405. 3
375.6
1, 269. 6 1, 203. 0 1, 196. 0

92

81

89

9,876

8,107

7,967

139. 7
139.1

117.5
118.3

122.7
129.1

1,217
1,007

1,307
1,092

i 1,728
i 1,411
i 317

210

215

15.95

16. 28

' 332. 2 "• 343. 5
r
159.5 r 164.8
r
327. 9 rT 352. 2
r
324. 9
353. 8
r
105. 7
'97.7

1, 255. 9 1,381.1 1, 384. 2 1, 388. 8
498.7
507.4
497.8
423.7
1,215 2 1, 346. 2 1,351.2 1, 388. 0

1 , 375. 2 1, 282. 4
c
478. 6
550. 6
1, 386. 7 1 209 5
' 96
85

93

93

94

93

8,391

8,118

8,982

9.208

9,121

9, 121

132.0
116.6

138.4
117.1

146. 1
133.8

137.4
123.6

131.2
122.3

P 135. 6

469
368
101

1,073

i1 1, 574
1, 334
1
240

1,299
1 022

1,280

277

968
312

49, 913
82 487
54, 950

47,345
79 657
48 917

51 991
78 871
48 584

41 483
78 157
44 347

38 777
82 983
45 450

873
200

8 908

P 127. 4
1
1

1, 500
11 120
380

1 048

822
226

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption .
long tons__ 37, 551
91,779
Stocks, end of month
do _
28, 279
Imports, including latex and guayule
do
Price, wholesale, smoked sheets (New York)
.263
dol. per lb__
Synthetic rubber:
74, 243
Production
long tons
70, 394
Consumption
_ _ _
_do
183, 721
Stocks, end of month
do
15, 308
Exports
do
Reclaimed rubber:
Production
_
Consumption
Stocks, end of month
TIRES AND TUBES
Pneumatic casings:
Production
_

__

Inner tubes:
Production
Shipments
Stocks, end of month
Exports (Bur. of Census)

39, 380
85, 666
39, 057

44, 743
82, 622
41, 343

.281

.288

.294

77, 083
64, 420
181, 524
14, 844

87, 321
72, 401
183, 921
12, 873

90, 979
79, 166
182, 840
13, 100

48, 875
77, 859
45, 136

43, 031
74, 969
41,819

.313

.324

100, 981 102 496
88. 818 ' 79,723
178, 534 183,511
17, 151
17 078

46, 891
77, 807
54, 492

.299
101
86
186
17

655
189
283
177

.301
108
89
187
17

.301

504
636
043
762

102 297
87, 393
187 181
16 143

.315

.340

.366

47 786
84 727
46 048

.346

108 477
79* 739
182 939
25 990

29 310
27' 869
27 582

21 671
22 380
25 131

19 401
9Q 49fi
23' 554

26 119
24 998
23 448

109
74
191
27

951
615
763
941

21, 220
20, 776
27, 763

18, 122
18,458
26, 442

22, 432
19,461
27, 961

22, 596
21, 899
26, 676

26, 523
23 708
27, 340

22,396
21 401
27, 680

24 800
23 379
29, 063

25 790
25 002
27 157

25 290
24 471
27 504

thousands-

8,293

7,288

7,762

8,277

9,344

8 393

9,376

10 184

10 270

11 350

8 025

7 796

10 294

do
_ do
do
do

9,231
1,932
7,182

9,573
2,020
7,442

117

111

7 848
1,055
6,679

7,912
1,442
6,365

8 454
1,838
6, 476

7 788
3 369
4,320

8 892
4 057
4,711

q 806
2 960
6,742

8 551
2 805
5,611

104

135

10 557
3 336
7,103

10 999
3 594
7,297

q 726
3*291
6, 356

109

79

10 237
3 392
6, 756

do
do

20, 2920
89

18, 615

271

18,2 521
111

18, 925
2
109

19, 913
2 86

202 403
' 118

20 988
2 113

212 399
101

23 019
2 75

23 862
2 92

20 872
2 103

18 727
2 96

19 088
2 73

3,476
3,602
8,156

2,890
3, 466
7, 680
3 67

3,305
3,331
7,3 664
108

3,390
3,498
7,657
3
69

3,768
3,567
7,869

3,319
2 899
8 3372
71

3,491
3 411
8 617
3
89

3 806
4 800
7'3 536
123

4 094
4 316
7*364
3
69

4 459
4 435
7 629

3 380
3 928
7 219

2 752
3 275
6 849

3 683
3 872
7 3000
63

.

do
do. _
do
do

377

115

105

140

100

124

117

375

377

380

. 350

106 716
91 ' 695
179 569
28 193

377
089
866
150

111
95
183
22

__do _
do
do

Shipments, total
Original equipment
Replacement equipment
Export
Stocks, end of month
Exports (Bur. of Census)

34, 187
85, 577
25, 823

90

'Revised.
"Preliminary.
'Corrected.
* Data or months noted cover 5 weeks; other months, 4 weeks. 2 Data for motorcycle tires are excluded beginning January 1958,
3 JData beginning January 1958 include^all inner tubes, new or_used, except aircraft; earlier data include only automotive tubes (passenger-car, truck, and bus). Exports of types included in
' - • "'
---•.--•-.--•.^
, ',er as follows: Paper (January
uary!958).
9 Data exclude
r
and shipments billed ~(see p. 20 of the November 1958 SURVEY for databack:to January 1947)7
""
.-.««----—..
-.^» — ..w, _v K ,c.v—- b




SUEVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 10.V,)
1959

1958

June

July

Novem- DecemAugust SeptemOctober
berber
ber

January

February

March

April

May

June

33, 428
96
33, 278

33, 455
100
36 361

'36 527
25, 037

33 621
22 931

July

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments finished cement
Stocks, end of month:
Finished
Clinker

thous of bbl
_
_ _
thous of bbl

.

do
do

30, 078
98
30, 513

29, 833
90
32, 536

31, 675
95
34, 432

31 597
98
35 031

32 847
98
36, 880

28 031
86
24 758

23, 590
70
16,817

18, 604
55
14 544

16, 710
54
14 943

24 329
72
23 250

29 093
88
30 423

33, 350
24, 372

30, 646
22, 561

27, 883
18,872

24, 445
15, 360

20 415
12, 494

23, 686
12, 124

30, 800
15, 479

34 838
20, 364

36 680
25, 183

37 711
27, 662

36 378
27, 544

591, 143
618, 408

612, 721
635, 063

633, 272
661, 370

661, 977
696, 689

577, 724
580, 289

534, 947
425, 798

465, 495
365, 075

441,556
388, 603

541, 738
597, 724

30. 925

30. 925

30 927

30 927

31 057

31 237

31 421

31 421

r

CLAY PRODUCTS
Brick, unglazed (common and face):
Produ ctioncf
thous. of standard brick__ 581,967
618, 814
ShipmentscT
- - do
Price, wholesale, common, composite, f. o. b. plant
30 951
do^ per thous
Clay sewer pipe and fittings, vltrined.-cT
Production
Shipments
Structural tile, unglazed:^
Production
Shipments

618 441
685,184

629, 141
618, 441

31 495

31 533

31. 700

r

short tons
do

151.712
172, 750

163, 724
178, 092

168, 538
183, 999

170, 344
186, 133

183, 399
189, 991

160, 729
152, 467

148, 955
118, 130

131, 438
101, 422

136 256
99, 761

152, 916
153, 434

183 493
185, 665

177, 090
183, 496

do
- - do

50, 748
49, 577

57, 632
54, 560

54, 764
48, 697

52, 509
47, 398

53, 840
53, 971

45, 977
46, 513

47, 518
37,900

44, 069
38, 281

34, 306
34, 561

40, 351
40, 067

47 103
49, 831

50, 877
48,003

p 31 700

GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total)*
thous. of dol__
Sheet (window) glass, shipments
do_ _
Plate and other flat glass shipments
do
Glass containers:
Production

thous of gross

^hipm^nts domestic to^al
do
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers, jelly
Classes and fruit iars)
thous of grocs
Beverage
Beer bottles
Iviouor nnd wine
Medicinal and toilet
Chemical household and industrinl
Dairy products

-

Stocks end of month

57,611
27 4^7
30. 114

44, 121
21,116
23, 005

57, 269
28, 438
28, 831

40, 070
21,181
18 889

78, 102
35, 186
42 916

12 711

12, 698

13 431

12 583

13 217

11 455

10 515

11 504

11 416

11 518

13, 226

13, 354

13 713

12 132

11,995

13 663

13 314

12 683

10 487

10 505

11 036

10 347

11 929

12, 384

13 242

13 585

1,198

1,232

2,007

2,369

1,407

927

977

1,124

1,065

1,208

1,240

1,305

1, 316

3 615

3,932

4,520

4,271

3 867

3 224

3 218

3 297

3 101

3,375

3, 271

3 569

3 850

do
do
do
do
do
do

1,096
1,467
1, 170
2, 506
939
141

939
1,260
994
2,514
988
136

594
994
1,178
3,083
1,068
219

462
811
1,290
2,871
1,048
192

664
686
1,577
3,261
1,045
176

593
639
1,312
2,751
882
159

804
867
1 030
2, 580
823
206

573
693
1 137
2,952
1 107
153

549
643
1,097
2,724
1,025
143

961
872
1,247
3,000
1,130
136

1,119
1,328
1,222
2,882
1,178
144

1,378
1, 670
1, 240
2,839
1,101
140

1,558
1,432
1,297
2,837
1,148
147

do

19, 101

19, 487

18, 956

17, 971

18, 176

18, 820

18 537

18 771

18, 938

19, 341

19, 943

19, 832

19, 774

GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports

thous of short tons

Calcined production quarterly total

do

Gypsum products sold or used, quarterly total:
Uncalcined uses
short tons
Building uses:
Plasters:
Base-coat
\11 other (incl Keene's cement)
Lath
\\rallboard
\11 other©

do
do
mil of SQ ft
do
do

1 117
2,333

1, 067
2,667

1,196
2,649

841
2,327

1,910

2,310

2,102

2,033

905, 871
56 475

915, 157
68, 291

1,059,845
61, 981

774, 427
70, 494

332, 227
303, 046

376, 644
340, 529

318, 466
291, 557

310,051
256, 305

494.7
1, 153 2
55 4

620.7
1, 399. 6
61.9

542.9
1,393.0
56.2

496.6
1,342.0
51 4

1 780

TEXTILE PRODUCTS
APPAREL
Hosiery shipments^
thous of dozen pairs
Men's apparel, cuttings:^ A
Tailored garments:
Suits
_ _ _ _ _ _ thous. o f unitsOvercoats and topcoats
do. Coats (separate) dress and sport*
Trousers (separate) dress and sport
Shirts (woven fabrics), dress and sport
Work clothing:
Dungarees and waistband overalls
Shirts

do
do
thous. of doz__
-

do _
do

Women's, misses', juniors' outerwear, cuttings: A
Coats
_
_ _ _ _ _ _ _ thous. o f units__
Dresses
do
Suits
do

r

11, 774

13, 593

12, 684

12, 891

12, 228

10, 926

13, 417

1,560
340

11,625
1255

1,612
200

1,608
248

i 1, 940
1345

1,768
488

1,700
524

i 1, 895
i 645

1775
i 5, 455

824
4,588

1

1955
5, 155

884
6,552

912
6,456

1870
i 8, 000

912
7,992

980
8,324

i 1,090
i 7, 510

1 1, 965

1,628

1 1, 665

1,752

1, 740

i 1, 860

1,812

1,768

i 1, 795

256
296

1200
1305

224
360

284
336

1325
1350

356
376

304
^340

i 310
1345

2,269
19, 882
987

1,670
19, 499
952

2,307
20,698
1,610

2,273
21, 383
1,505

2,099
26, 343
1,042

1,117
28, 481
553

1,143
r 25, 470
M83

1,966
21, 159
779

11, 779

12, 053

14, 181

14, 264

16, 001

13, 448

1, 348
508

i 1, 095
1425

1,516
568

1,328
476

i 1, 750
1505

852
4,844

1685
i 4, 635

844
4,872

704
4,720

1,524

i 1, 395

1,676

1,652

240
268

1225
1235

256
288

256
320

1310
1385

1,802
21, 126
949

2,661
19, 778
1,024

2,620
20, 319
1,018

2,649
20, 591
829

3,030
22, 540
802

953
1,155
1,219
1,403
1,072
1,412
1,260
1,307
1,396
1,340
1,100
1,251
1,280
Waists blouses, and shirts
_ thous. of doz_.
805
755
730
914
672
828
795
527
761
890
600
723
700
Skirts*
_
do
r
Revised.
*> Preliminary.
i Data cover a 5-week period.
d"Revisions will be published later as follows: 1954 (annual data only); 1955 (annual and monthly); 1956 (January-August); 1957 (January-August); for brick and tile (data through 1956
not strictly comparable).
*New series; from Bureau of the Census. Revisions for 1957 and earlier unpublished data for flat glass will be shown later. For 1957 data for coats and skirts, see corresponding note in
October 1958 SURVEY.
OComprises sheathing, formboard, and laminated board.
^Data for July, October and December 1958 and March and June 1959 cover 5-week periods and for other months, 4 weeks.
^Excludes shipments of men's slipper socks. Comparable data for January-March 1957 appear in the June 1958 SURVEY.
ARevisions for 1955-57 are available upon request. Estimates beginning January 1959 for men's apparel and, beginning December 1958, for women's, etc., outerwear are based on different
sample and are not strictly comparable with earlier data.




Any

SURVEY OF CURRENT BUSINESS

1950

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

S-39

1958
July

June

1959

August SeptemOctober | *«£">- December
ber

January

February

March

April

May

June

July

TEXTILE PRODUCTS—Continued
COTTON
Cotton (exclusive of linters) :
Production:
Ginnings§
thous. of running bales..
Crop estimate, equivalent 500-lb. bales
thous. of bales.
595, 408
Consumption^
bales
Stocks in the United States, end of month,
totallD
thous. of bales... 9,667
9,630
Domestic cotton total
- _ _ - do
440
On farms and in transit
do
7, 520
Public storage and compresses
_
do.
Consuming establishments . _ .
do_ _ 1,671
37
Foreign cotton total
_ _ _ _do_ _

213
4

'1.007

r

' 2, 623
4

7. 313

r

10, 215

833,366

672, 838

18, 360
18, 258
9,660
7,221
1, 377
101

17, 364
17, 263
5, 752
10, 205
1,305
102

208, 678
84, 892
33.2

211,910
23, 400
34.5

34.9

34.8

34.7

66
35
785

« 85
43
680

88
94
678

2,198
37, 393
13, 610

29, 232
15,224

43, 500
10, 350

21.71
36. 4
15.0
15.1

21.65
36.4
15.0
15.0

.657
.933
19,018
17, 469

FxportsA
bales 433, 434
1,974
ImportsA
•--- --- -- ^°- 29.1
Prices (farm), American upland
cents per lb_.
Prices, wholesale, middling 1", average 14 markets
34.8
cents per lb__
Cotton linters:
86
Consumption^
- - thous. of bales__
34
Product'onAc?
- ^°- 829
Stocks end of monthAc?
- - - --do. __

613,950

638, 767

647, 894

8,737
8,702
291
6, 825
1,586
35

19,191
19,094
10, 836
6,782
1,476
97

468, 268
913
30.8

r

4

i]0,919 - 2 11, 340

311,435
311,512
699, 652 4 862, 582

151
702 362 4 giq 538

727, 410

687, 360

16, 382
16, 290
3,043
11,861
1,386
92

15, 386
15, 302
1,095
12, 706
1,501
84

14, 480
14, 398
597
12,275
1, 526
82

13, 501
13, 425
322
11,541
1,562
76

12,420
12, 349
414
10, 342
1,593
71

11,496
11 433
367
9 513
1, 553
64

10, 544
10 486
295
8 738
1 453
58

181,402
12, 356
33.3

313, 762
472
32.4

297, 845
809
30.3

222 230
1,009
28.2

210, 753
1, 636
28.2

284 454
3,360
30.1

245 208
2,563
31.3

248 625
3 525
31.8

34.8

34.8

34.4

34.4

34.3

34.3

107
162
857

101
162
864

101
131
868

38, 729
15, 004

72,329
38, 037
9,481

42, 490
9,102

22.16
36.4
15.4
15.8

23.36
36.4
15.6
16.0

25.06
36.4
16.5
16.3

.661
.933

.661
.931

.661
.931

19, 251
17, 641

19, 279
17, 650

19, 269
17,611

4

104
217
782

90
175
827

2,099
39, 109
11,419

41, 629
8,078

22.30
36.4
15.4
15.5

22.24
36.4
15.4
15.8

.657
.933

.657
.935

19, 241
17, 513

19, 268
17, 541

716 820

9,514
9 458
219
7 966
1 273
56
236 054 _ _ _ _ _
2' 169
31.5
34.1

34.6

34.6

121
128
846

103
96
797

102
52
732

34, 096
14,012

2,394
41, 704
13, 674

37, 986
12 320

39, 908
16 370

42, 902
16 600

25 01
36.4
16 5
16.5

25.97
36.4
16 5
17.0

26 91
36.4
16 5
17.3

27 18
36.4
16 4
17.3

27 67
30.4
r
!6 1
17.3

28 20
p 36. 4
v 16 ri
p 1 7. 3

.661
.931

.661
931

.666
.943

.676
.946

.672
946

946

p . 672
P 934

19, 276
17,616

19, 283
17 636

19, 272
17 642

19, 265
17, 637

19, 555
17 945

19, 238
17 591

4

4

8 14 815

34.5
4

33. 6

114
38
630

COTTON MANUFACTURES
Cotton cloth:
Cotton broadwoven goods over 12 inches in width,
production quarterlyA _. mil. of linear yd
Exports
thous. of sq. yd..
Imports
-do
Prices, wholesale:
Mill mar^insf
cents per lb__
Denim, white back, 28-inch, 8 oz/yd..cents per yd—
Print cloth 39-inch 68 x 72
do __
Sheeting, class B, 40-inch, 4~8~x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2, carded, weaving
dol. per lb_36/2 combed knittin0"
do
Spindle activity (cotton system spindles) :JA
Active spindles, last working day, total
thous.Con'-uiming 100 percent cotton
- - do_-_
Spindle hours operated, all fibers, total
Average per working day
Consuming 100 percent cotton..

millions..
do
do. _.

8,304
415
7, 644

4
4

8, 662
347
7, 909

8,777
439
8,070

8,870
444
8,190

4
4

11, 447
458
10, 496

9,180
459
8,389

4

10, 427
417
9, 453

4

9,352
468
8,552

9, 542
477
8,743

4

4

11, 706
468
10,743

9, 567
478
8,776

9, 592
480
8 781

6
6

6
6

28 75

19, 266
17 598
4
4

11,382
455
10, 392

MANMADE FIBERS AND MANUFACTURES
Fiber production, quarterly total 9©
mil. of lb_.
Ravon and acetate" Filament yarn
do
Staple plus tow©
do
Voncellulosic (nylon acrylic protein etc )
do

347.5
144.4
66. 3
113.3

Exports: Yarns and monofilaments
Staple, tow, and tops.
Imports: Yarns and monofilaments
Staple, tow, and tops

thous. of lb_do_ _.
do_ _do_ _ _

3,397
1,491
276
5,772

3,326
1,849
139
7,224

4,233
1,859
287
6,870

4,078
2,562
264
4,548

3,750
1,986
587
8,920

3, 565
2, 246
175
8,089

3,644
2,687
308
10, 190

3,574
1, 935
482
7, 818

2, 572
2,770
285
9,289

4, 260
2,038
182
10, 551

3, 255
2 263
443
13 517

4,200
2 513
459
9 030

2, 666
2 655
739
12 173

Ravon and acetate:
Slocks, producers', end of month, total©__mil. of lb_.
Filament yarn
do
Staple (incl tow)©
_ . _ _ do. _-

118. 6
67.3
51.3

117.8
66.0
51.8

111.5
61.3
50.2

108. 9
60.6
48.3

104.3
59.2
45.1

97.9
55.6
42.3

96.4
51.7
44.7

98.1
50.4
47.7

99.0
48.1
50.9

94.6
45 3
49 3

93.3
43 8
49 5

89.3
43 q
45 4

86.8
43 9
42 9

.85
.31

.85
.31

.76
.31

.76
.31

.76
.31

.76
31

.76
.31

.76
.31

.76
.31

.78
.31

.78
.32

.79
.32

p .79
p. 33

Prices, ravon, viscose:
Yarn, filament, 150 denier
Staple, 1.5 denier

dol. per lb._
do

Man in a de-fiber broadwoven fabrics:
Production, quarterly total 9 A thous. of linear yd_
Rayon and acetate (excl. tire fabric)
do
Nylon and chiefly nylon mixtures
do
Exports, piece goods

391.0
162. 0
81.3
121.9

578, 793
417,261
70, 906

444.2
167 4
97 7
147 2

584,192
416, 385
73, 149

457. 9
175 0
96 1
153 8

'625,203
7431,335
" 77,422

64 5
31 9

62 0
30 3

6
6

63 9 _ _ _
31 6

618, 820
414, 501
79, 329

.thous. of sq. yd._

12, 146

9,379

11, 898

11, 870

15, 914

12, 238

11,742

12, 794

10, 941

13, 677

13, 924

14, 210

14, 135

Imports raw
_ _ _ thors. o f l b _ _
Price, raw, AA, 20-22 denier.
dol. per lb_.
Production, fabric, qtrly. totalA- -thous. of linear yd_-

228
3.93
4,242

304
4.27

422
4.27

259
4.20
4,947

522
3.72

848
3.68

993
3.62
7 6,645

569
3.61

574
3.88

502
4 03
5,846

248
4 11

954
4 11

627
p 4 13

18, 599
6,396

4
20,293
4

18,612
9,934

18, 077
11,655

21,173
14,258

17, 313
12, 477

20, 055
14, 489

19, 809
14 458

20, 265
14, 583

25, 415
16 135

23, 069
13 941

22, 699
12 928

-1 27, 020
4 14 i4g

SILK

WOOL
Wool consumption, mill (clean basis) :J A
Apparel class
thous. of lb_^
Carpet class _ _
,,
do

7, 383

4
4

4
4

4
4

11,288
13, 106
Wool imports, clean content
do
14, 834
23, 833
21, 221
11,667
31,076
25, 626
25, 317
35, 173
31, 218
29,316
26, 079
6,116
5,540
5,032
Apparel class (dutiable), clean content
do
5, 206
4,119
7,811
10, 568
11, 006
11, 230
13, 167
11,028
7,801
11, 270
2
3
4
r5 Revised.
*> Preliminary.
1 Ginnings to December 13.
Ginnings to January 16.
Total ginnings of 1958 crop.
Data cover a 5-week period.
Beginning
August
1958,
data
are
for
4and
5-week
periods;
earlier
data,
calendar
months.
6
Data
are
for
month
shown.
7
Data
cover
14
weeks;
other
periods,
13
weeks.
s
August 1 estimate of 1959 crop.
§Total ginnings to end of month indicated, except as noted.
D Revisions for January 1957-February 1958 will be shown later
IData for .July, October, and December 1958 and March and June 1959 cover 5-weck periods and for other months, 4 weeks; cotton stocks and number of active spindles are for end
of period covered.
ARcvisions for 1955-57 are available upon request.
cTData beginning October 1958 for production of linters and for that part of stocks "at oil mills" are in thousands of equivalent 600pound bales (earlier data in thousands of running bales). October 1958 figures comparable with data shown through September (thous. of bales): Production, 208; total stocks, 777
f Revised series. Calculation of mill margins revised (back to August 1954) to incorporate prices for expanded selection of 20 types of more widely used cloths and to reflect raw cotton
cvs for 4 areas of cotton production; prior series calculated from 17 cloth prices and raw cotton prices for Memphis territory growth only..
9 Includes data not shown separately
® Beginning January 1958, data exclude all figures for acetate staple plus tow. (It should be noted that for 1954-57, data as published for staple and tow exclude the greater part of acetate
ow for cigarette filtration purposes.) For years 1955-57, production of acetate staple plus tow (included in total staple through 1957) averaged 14.1 mil. Ib. per quarter.




SURVEY OF CURRENT BUSINESS

S-40
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

August 10."!)

1958

June

1959

DecemAugust SeptemOctober November
ber
ber

July

January

February

March

April

May

June

July

TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory'
fine
dol. per Ib
Graded fleece 3/8 blood
do
Australian, 64s, 70s, good topmaking, in b o n d _ _ d o _ _ . _
Knittine yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price "I
1947-49 = 100..
Woolen and worsted woven goods, except woven felts:
Production quarterlv totalcf
thou^. of lin. vd__
•A pparcl fabrics total
do
Other than Government orders, total
do_ _
IVTen's and bovs'
do
Women's and children's
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel, men's and bovs'
1 947-49=1 00. _
Gabardine women's and children's
do

1. 150
.882
1.225

94.8

1.130
.875
1.195

1. 125
. 875
1.175

1. 125
.875
1.175

1. 125
.843
1.075

1 125
.849
1. 025

1 125
.915
1.025

1 088
. 908
1. 025

1 075
870
.975

1 075
860
.975

1 165
962
1.035

1 225
1.025
1.075

1 225
1 025
1 , 075

94.8

93.5

93.5

91.0

88 5

90.5

90.5

89.3

90. 5

94.8

99. 8

102.2

103. 7
90.8

105. 4
90.8

]05. 4
90. 8

73, 626
71, 926
70, 585
30, 509
40, 076

111.9
97.3

66. 291
63. 708
62 225
26. 809
35, 416

69. 174
66. 897
65. 089
23, 142
41.947

108. 6
97. 3

106. 7
97.3

106. 7
90.8

106.7
89.1

104. 5
89.1

104. 5
89.1

1 985
1 085
1.115

71,797
69 708
68, 744
32 490
36, 254
104.5
89.1

105. 6
90.8

103. 7
90. 8

TRANSPORTATION EQUIPMENT
AIRCRAFT
Manufacturers of complete types:
Aircraft, engines, propellers, parts, etc.:
Orders, new (net), quarterly total
mil. of dol. . 2, 204
2, 860
Sales (net) quarterly total
do
13,722
Backlog of orders total end of quarter
do
8,011
For U F! military customerscf
do
Civilian aircraft :cf
Shipments
_
.thous. of dol. _ 26, 421
Airframe weight
thous. of lb__ 1,093. 1

41,587
1,418.7

30, 776
1, 106. 0

24, 401
855.2

49, 328
1,545.6

34, 881
1,107.1

37, 672
1,258.9

49, 590
1,452.8

49, 805
1, 440. 0

34,014
1,185.7

68, 142
1,849.5

81,212
2,091.8

65, 098
1,804.7

thous. of dol.

10, 966

20, 0.«6

26, 768

13, 279

8, 064

9, 767

9, 951

12, 991

4,213

4,168

8,576

2,778

5, 162

number.
do
do
do
do
do.

412, 971
91
84
342, 228
334 311
70, 652
56, 019

381,813
358
290
316, 408
310 001
65, 047
50, 454

250, 460
265
259
194, 974
192 770
55, 221
47, 030

149, 256
216
212
102, 687
98 009
46, 353
34, 232

342, 324
149
149
272, 241
263 491
69, 934
55, 865

605, 334
167
124
511,885
497, 218
93, 282
79, 618

709, 078
208
165
608, 730
594 188
100, 140
82, 688

635, 664
169
112
539, 451
527, 588
96, 044
81, 599

577, 093
143
141
476, 977
466, 564
99, 973
83, 775

686, 612
245
200
575, 012
563, 849
111,355
93, 060

702, 952
253
251
585, 789
575 268
116.910
98, 906

660, 278
282
235
545, 001
535, 195
114,995
95, 561

Exports totalcf
Passenger cars (new and used)^
Trucks and buses
Imports (cars trucks buses) total*
Pnssen^er CJJJ-Q (new and used)*

do
do
do
do
do

20, 815
9,714
11,101
30, 117
28, 835

24, 394
9,408
14, 986
45, 212
43, 550

15,326
5. 060
10,266
36, 875
36, 020

1 5, 267
7,425
7, 842
36, 170
34, 592

14, 755
6, 546
8.209
42, 256
41,245

18,873
1 1 , 333
7, 540
38,916
37, 569

35,641
15, 458
20, 183
54, 824
53, 218

24, 248
11,520
12, 728
55, 728
54, 075

21,319
10, 700
10,619
50, 916
49, 167

31,452
10, 758
20, 694
58, 207
56, 474

26, 586
11,971
14,615
60, 567
57, 898

26, 211
10, 746
15, 465
69. 019
66, 765

Truck trailers (complete) production^ cf
Vans
.
Trailer chassis only for sale separately

do
do
do

3,697
1, 784
273

3,780
1,794
237

3, 866
2,037
296

4,426
2,393
339

4, 807
2, 825
260

4,182
2,443
245

4,832
2,888
268

4,884
2,913
330

4,885
2,692
435

5, 550
2,924
558

6,294
3,285
417

6,133
3,227
280

Registrations:©
New passenger cars
. _
New commercial cars

do
do

410, 607 3400,286 3370,856 3317,070 8321,285 3334,876 3511,284
63. 995 3 63, 383 3 63, 981 360,716 3 56, 234 3 55, 222 3 73, 891

419, 512
61, 776

423, 793
64, 688

496, 717
77, 593

573, 777
91, 805

582, 266
86, 566

584, 816
86, 914

Exports (commercial and civilian)©cT

2, 112
2 799
13 035
7, 130

2, 092
i 558
12, 705
6, 648

2,974
2 947
13, 171
6, 933

MOTOR VEHICLES
Factorv s-le^ total
Coaches, total
Domestic
Passenger cars total
Trucks total
Domestic

_

-

-

. _

674, 689 *>2 667,100
267
p-'92
242
554, 878 f- 555, 700
545 660
119,544 P2111,300
100, 462
27. 078
8,497
18, 581
64, 832
62, 860

RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments total
numberEquipment manufacturers, total
do
Domestic
do
Railroad and private-line shops, domestic do
New orders total cf
Equipment manufacturers, total
Domestic
Railroad and private-line shops domestic

do
do. __
do
do

Unfilled orders, end of month, total
Equipment manufacturers, total
Domestic
_
_ _ _ _ _ _ _ _ _ _ _
Railroad and private-line shops, domestic

do
do
do
do

Passengers cars (equipment manufacturers):
Shipments total
Domestic
Unfilled orders end of month total
Domestic
-

do
do
do
do. __

2,501
1,273
1,273
1,228

2,178
1,145
1,145
1,033

2,182
1,307
1,307
875

2,296
1,153
1,055
1,143

1,811
759
606
1,052

2,256
1,319
905
937

2,763
1, 584
1,442
1,179

1,972
1,014
982
958

2,506
1,677
1,657
829

2,808
1,777
1, 766
1,031

3,741
2,334
2,334
1,407

3,468
2,373
2,263
1,095

4,219
3, 196
2,927
1,023

320
192
192
128

821
821
386
0

1,873
871
771
1,002

1,670
1,628
1,543
42

666
606
606
60

6, 525
4.628
4,398
1,897

3,706
2,004
2, 004
1,702

4,328
1,390
1,069
2,938

1,922
1,411
1,292
511

10, 792
7,367
7,367
3,425

3,777
3,240
3,199
537

5,253
3,465
3,465
1,788

8,054
7,238
7,238
816

27, 777
5, 444
5,424
22, 333

26, 449
5,149
4,694
21, 300

26, 166
4,739
4,184
21, 427

25, 524
5,221
4,679
20, 303

24, 059
4,648
4,259
19,411

28, 167
7,996
7,791
20, 171

27, 659
8, 467
8, 404
19, 192

29, 822
8,800
8,448
21, 022

29, 240
8,536
8.085
20, 704

35, 927
14, 129
13,689
21,798

35, 969
15, 041
14, 551
20, 928

37, 249
16, 128
15, 748
21, 121

41,084
20. 170
20, 059
20,914

16
16
45
39

20
20
25
19

0
0
55
49

3
3
52
46

10
10
43
37

4
4
44
38

8
2
36
36

()
0
36
36

0
0
72
72

0
0
132
132

0
0
132
132

0
0
132
132

0
0
157
157

1,747
7.6

1,744
8.0

1,741
8.3

1,737
8.4

1.733
8.2

1,729
8.4

1,726
86

1,724
89

1,722
9.2

1,717
88

1,707
83

1,703
81

1,702
7 9

Association of American Railroads:
Freight cars (class !):§
Number owned or leased, end of month
thous.
Held for repairs percent of total owned
Locomotives (class I) :
Diesel-electric and electric:
Owned or leased end of mo No. of power unitsServiceable end of month
do
Installed in service (new) quarterly total do
Unfilled orders end of month
do

28, 182
26, 922
74
134

Exports of locomotives, total (railroad-service and industrial types)
number.

42

1

28, 181
26, 729
27
403
122

94

80

28, 303
26, 838
96
561
95

62

96

28, 395
26, 822
204
589
59

33

42

28 615
27,211
298
413
26

19

13

2

' Revised.
P Preliminary.
Data cover 14 weeks; for other periods, 13 weeks.
Preliminary estimate of production.
3 Excludes registrations for Oregon; data to be revised later,
c?Scattered revisions will be shown later; see corresponding note in March 1959 SURVEY for periods affected.
©Data beginning January 1958 exclude exports of new cargo transports, included in earlier data. In 1957, such exports were valued
at $1.4 million.
*New series (from Bureau of the Census). Data cover complete units, chassis, and bodies.
iMonthly data for 1947-56 are showTn at bottom of p. S-38 of the March 1958 SURVEY.
^Beginning 1958, manufacturers report all assembled complete trailers, including those for which separate chassis were purchased; prior to 1958, complete trailers for which a manufacturer
purchased the chassis and added the body were excluded from the "complete trailer" classification.
GData beginning January 1959 include new registrations in Alaska.
§Excludes railroad-owned private refrigerator cars.




U. S . G O V E R N M E N T P R I N T I N G O F F I C E : 1959

•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40'
Pages marked S
Sections, by genera! subject:
General business indicators
1-5
Commodity prices
5-7
Construction and real estate
7,8
Domestic trade
8-11
Employment and population
11-15
Finance
16-20
International transactions of the U. S
_ 21, 22
Transportation and communications
23, 24
Chemicals and allied products
24-26
Electric power and gas
26, 27
Foodstuffs and tobacco
27-30
Leather and products
30, 31
Lumber and manufactures
31
Metals and manufactures
32-34
Petroleum, coal, and products
35, 36
Pulp, paper, and printing
36,37
Rubber and rubber products
37
Stone, clay, and glass products
38
Textile products
38-40
Transportation equipment
40
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
Alcohol, denatured and ethyl
24
Alcoholic beverages
- 2, 6, 8, 9, 27
Aluminum
33
Apparel
2, 3, 6, 8, 9, 10, 12, 13, 14, 15, 38
Asphalt and asphalt and tar 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
Blast furnaces, steel works, etc
12, 14, 15
Blowers and fans
_
34
Bonds, outstanding, issued, prices, sales,
yields
17, 18,19, 20
Book publication
37
Brass and bronze
33
Brick
38
Brokers' loans and balances
16, 19
Building and construction materials
8, 9, 10
Building costs
8
Business incorporations (new), failures
5
Business sales and inventories
3
Butter
27
Cans (metal), closures, crowns
32
Carloadings
23
Cattle and calves
29
Cement and concrete products
6, 8, 38
Cereal and bakery products
6, 12, 13, 14, 15
Chain-store sales, firms with 4 or more and 11
or more stores
10
Cheese
27
Chemicals
2,3,4,6, 12, 13, 14, 15, 19,22, 24
Cigarettes and cigars
6, 30
Civilian employees, Federal
12
Clay products
6,38
Coal
.
3, 6, 11,13, 14,15, 22, 23, 35
Cocoa
22, 29
Coffee
22,30
Coke
23,35
Communications
11,13, 14, 15,19, 20, 24
Confectionery, sales
29
Construction:
Contract awards
__
7
Costs
8
Dwelling units
7
Employment, hours, earnings, wage rates
11,
13, 14,15
Highways and roads
7,8, 15
New construction, dollar value
1, 7
Consumer credit

16, 17

Consumer durables output, index
3
Consumer expenditures
1,9
Consumer price index
6
Copper
_ , _ _ _ 22,33
Corn
28
Cost of living (see Consumer price index)
6
Cotton, raw and manufactures
2, 5, 6, 22, 39
Cottonseed, cake and meal, oil
25
Credit, short- and intermediate-term
16, 17
Crops
2, 5, 25, 26, 28, 30, 39
Crude oil and natural gas
3, 11, 13, 14, 15
Currency in circulation
18
Dairy products
___ 2,5,6,12,13,14,15,27
Debits, bank
16
Debt, Uni ted States Government
17
Department stores
9, 10, 11, 17
Deposits, bank
. 16, 18
Disputes, industrial
13
Distilled spirits
27
Dividend payments, rates, and yields
1, 19, 20
Drug-store sales
9, 10
Dwelling units, new
7
Earnings, weekly and hourly
14, 15
Eating and drinking places
9, 10
Eggs and poultry
2, 5, 29
Electric power
6, 26
Elec. mach. and equip.. 2,3,6,12,13,14,15,19,22,34
Employment estimates and indexes
11, 12
Employment Service activities
13
Engineering construction
7, 8
Expenditures, United States Government
17
Explosives
25
Exports (see also individual commodities)
21, 22
Express operations
23




Pages marked S
Failures, industrial and commercial
5
Farm income, marketings, and prices
1, 2, 5, 6
Farm wages
15
Fats and oils, greases
6, 25, 26
Federal business-type activities
17
Federal Government
finance
17
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks
16
Fertilizers
6, 25
Fire losses
8
Fish oils and
fish
25,30
Flaxseed
25
Fl coring
31
Flour, wheat
29
Food products
2,3,4, 5,
6, 8, 9, 10, 12, 13, 14, 15, 19, 22, 27, 28, 29, 30
Foreclosures, real estate
8
Foreign trade
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
6,35,36
Furnaces
34
Furniture
2, 3, 6, 9, 10, 12, 14, 15, 17
Furs
22
Gas, prices, customers, sales, revenues
6, 26, 27
Gasoline
9,36
Glass and products
38
Generators and motors
34
Glycerin
24
Gold
18,21
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
38
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
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
.
35
Labor disputes, turnover
13,14
Labor force
11
Lamb and mutton
29
Lard
29
Lead
33
Leather and products
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, 15,19, 31
Machine tools
34
Machinery
2, 3, 4, 5, 6, 12, 13, 14, 15, 19, 22, 34
Mail-order houses, sales
11
Manmade fibers and manufactures
6, 39
Manufacturers' sales, inventories, orders
3,4,5
Manufacturing employment, production workers, payrolls, hours, earnings
11, 12, 13, 14, 15
Manufacturing production indexes
2,3
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
Milk
27
Mining and minerals
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 expenditures
1, 17
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
Oil burners
Oils and fats, greases
Orders, new and unfilled, manufacturers'
Ordnance

28
34
6,25, 26
5
12,14,15

Pages marked S
Paint and paint materials
6, 26
Panama Canal traffic
23
Paper and products and pulp
2,
3,4,6,12,13,14,15,19,36,37
Parity ratio
5
Passports issued
24
Payrolls, indexes
12
Personal consumption expenditures
1, 9
Personal income
1
Personal saving and disposable income
1
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
31
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, corporate
1,19
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, firms with 4 or
more and 11 or more stores, general merchandise, department stores. 3, 5, 9,10,11,13,14,15,17
Rice
28
Roofing and siding, asphalt
36
Rubber and products._ 2, 3, 4, 6,12,13,14,15, 22, 37
Rye
28
Saving, personal
1
Savings deposits
16
Securities issued
19
Services
1, 9, 11, 13, 14, 15
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, prices, imports, 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, yields, earnings,
sales, listings
20
Stone, clay, and glass prod... 2,3,4,12,14,15,19,38
Stoves and ranges
34
Sugar
22, 30
Sulfur
25
Sulfuric acid
24
Superphosphate
25
Tea imports
30
Telephone, telegraph, cable, and radio-telegraph carriers
11, 13, 14,15, 20, 24
Television and radio
3, 6, 8, 34
Textiles and products
2,
3, 4, 6, 12,13,14,15, 19, 22, 38, 39, 40
Tin
22,33
Tires and inner tubes
6, 9, 10, 12, 13, 14, 15, 37
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,
10, 11, 12, 13, 14, 15, 19, 22, 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
34
Variety stores
9, 10
Vegetable oils
25, 26
Vegetables and fruits
5, 6, 22, 28
Vessels cleared in foreign trade
23
Veterans' benefits
13,17
Wages and salaries
1,14, 15
Washers
34
Water heaters
34
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, 39, 40
Zinc_
33

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D.C.

PENALTY FOR PRIVATE USE TO AVOlO
PAYMENT OF POSTAGE, $3OO
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OFFICIAL BUSINESS
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A
Supplement
to the
Survey
of
Current
Kuswess

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.