Full text of Survey of Current Business : August 1959
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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. 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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 ! 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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 (GPO) OFFICIAL BUSINESS First-Class Mail 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.