Full text of Survey of Current Business : August 1960
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AUGUST 1960 survey of CURRENT BUSINESS U.S. DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS SURVEY OF CURRENT BUSINESS AUGUST 1960 VOL. 40, NO. 8 U.S. Department of Commerce Frederick H. Mueller, Secretary Office of Business Economics M. Joseph Meehan, Director Contents THE BUSINESS SITUATION Louis J. Paradiso Managing Director PAGE General Summary. . . . . . . _ . , , , , , , , . . . , . , New Business Record « Foreign Trade Improved..,- . ' . , . * - , . . . . . . . . Financial Moves • « . . . . v . , . . » , . . . . . , . Autos—Summary of Model Year 1960, 1 1 2 2 *. National Income and ProductRise Extended in Second Quarter STAFF CONTRIBUTORS TO THIS ISSUE 3 5 6 7 8 8 9 9 General Rise in State Income in 1959.» Business Review and Features; Mabel A. Smith National Income and Product: Robert B. Bretzfelder George M. Cobren F. Beatrice Coleman Article: Robert E. Graham, Jr. Edwin J. Coleman James M. Lazard Dorothy Anne Fisher Edward A. Trott, Jr. Charles L. Saccardo 10 *. 11 13 14 17 16 MONTHLY BUSINESS STATISTICS General S1-S24 Industry . . . . . . . . I , . . , , , . . , , , . . , . . . . . . . . . . . . . . . . . . . . S24-S40 Subject Index . . . . , , , . , . , . . , , , , . , . s , e . . , . . Inside Back Cover K. Celeste Stok Statistics Edito Billy Jo Dawkins Graphics 5 Gross National Product . . . . . . * . » . . . . . . . Consumer Demand High Investment Trends Mixed. Government Purchases Up National Income, Manufacturing Upswing Checked Other Second Quarter Changes State Changes Vary Widely. . Flow of Disposable Income Developments in 1959. ,..„....» Statistics by States, . , . . . . . . „ . . , . . NEW REPORTS Income in Alaska, . . . . . . . . . . Loughlin F. McHugh Business Review Editor Subscription prices, including week! statistical supplements, are $4 a year f< domestic and $7.50 for foreign mailing. Sing issue 30 cents. Make checks payable to the Superintendei of Documents and send to U.S. Governmei Printing Office, Washington 25, D.C., or 1 any U.S. Department of Commerce Fie] Office. U.S. DEPARTMENT OF COMMERCE FIELD OFFICES Albuquerque, N. Mei., 321 Post Office Bldg, CHapel 7-0311. Atlanta 3, Ga., 604 Volunteer Bldg., 66 Luckle St., N,W. JAckson 2-4121. Boston 9, Mass., U.S. Post Office and Courthouse Bldg, CApitol 3-3312 or 2313. Buffalo 3, N.Y., 504 Federal Bldg,, 117 Ellicott St. MAdison 4216. Charleston 4, S.C., Area 2, Sergeant Jasper Bldg., WestEnd Broad St. RAymond 2-7771. Cheyenne, Wyo., 207 Majestic Bldg., 16th St. and Capitol Ave. Phone: 8-8931. Chicago 6, 111., Room 1302, 226 W. Jackson Blvd. ANdover 3-3600. Cincinnati 2, Ohio, 915 Fifth Third Bank Bldg., 36 E, Fourth St, DUnbar 1-2200. 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Pittsburgh 22, Pa., 107 Sixth St. GRant 1-5370. Portland 4, Oreg., 217 Old U.S. Courthouse Bldg. CApital 6-3361. Reno, Nev., 1479 Wells Ave. Phone 2-7133. Richmond 19, Va., Room 309 Parcel Post Bldg. Milton 4-9471. St. Louis 1, Mo., 910 New Federal Bldg. MAin 1-8100. Salt Lake City 1, Utah, 222 SW. Temple St. EMpire 4-2552. San Francisco 11, Calif., Room 419 Customhouse. YUkon 6-3111. Savannah, Ga., 235 U.S. Courthouse and P.O. Bldg. ADarns 2-4755. Seattle 4, Wash., 809 Federal Office Bldg., 909 First Ave. Mutual 2-3300. AUGUST 1960 By the Office of Business Economics Business borrowing for inventory and ' ITH final demand for the Nation's other working capital purposes, which output strong, business activity moved had risen steadily through the first ahead to a new high at the end of the half-year, gave way in July to subsecond quarter. Aggregate output, stantial net loan liquidation at the employment, and income were little larger city banks. The focus of these changed in July, with a pattern of loan repayments was in metal working demand which was more mixed than firms, although other manufacturers also earlier in the year in individual lines of reduced their borrowing. business. Total consumer buying conThe reserve authorities have moved tinues high with incomes sustained. recently in a series of steps to increase New business placed with manufac- the availability of credit. These acturers has continued below current sales, and the backlog of unfilled orders CONSUMER INCOME AND has been lowered. PURCHASING New business record Consumer income—the major broad monthly indicator of business—in July was at an annual rate of $407 billion, starting off the third quarter somewhat above the June figure and $3 billion above the record second quarter figure of $404 billion. Wages and salaries in July were up from June, while changes elsewhere in personal income were small and largely offsetting. The second quarter value of gross national output—analyzed in detail in a following section—rose to the record annual rate of $505 billion as a result of a further gain of $9 billion—2 percent—in final purchases. This gain was principally in real volume. It was partially offset by tapered investment in inventories. Accumulation of business stocks has been on a diminishing scale with supplydemand conditions better balanced, and rising costs under conditions of intensified competition are being reflected in reduced profit margins. Markdowris were made in some prices—notably those on consumer durable goods—in order to move the existing supplies of merchandise. Steady Rise in Income and Higher Borrowing in First Half . . Billion Dollars (ratio scale) 400 300 - Have Been Accompanied by Strong Consumer Buying 400 30 1955 56 57 58 59 60 Seasonally Adjusted, at Annual Rates Data-. FRB S OBE U. S. Department of Commerce, Office of Business Economics 60-8-1 tions embraced: (a) reducing the discount rate; (b) open market purchases of government securities to improve the reserve position of the member banks; and (c) a change in effective reserve requirements so as to permit more intensive use of member bank cash holdings and thereby increase the availability of credit. Final purchases higher Consumer purchasing in early summer has been well sustained. The pattern of buying, however, has been mixed. Service expenditures are up, nondurable goods purchasing is steady, while sales of durables lag. July sales of new cars were lower than in the same period of last year and were at a seasonally adjusted rate below earlier months of this year. Business investment in plant and equipment is moving ahead imparting strength to some lines of machinery and equipment. Housing investment, which dropped substantially in late 1959, has risen somewhat since last April. Housing starts were steady in the second quarter, at a rate one-sixth below a year ago, and these largely determine current and near-term activity rates on the site. Government buying is continuing on the upgrade largely reflecting the advance of State and local outlays. The July impetus to Federal expenditures came from the pay raise for civilian workers recently authorized by Congress. The Federal budget picture for the current fiscal year is not yet definitely established pending the completion of the Congressional schedule which was resumed in early August. Its impact upon the economy will be reviewed when action is complete. 1 SURVEY OF CURRENT BUSINESS Durable goods output lower Durable goods production in early summer was off from the spring pace, and about 5 percent below the high achieved around the turn of the year when steel mills and auto assemblers were going all out to make up for the interrupted work schedules in the strike period. Steel output was cut back from a weekly rate of 1,750 thousand tons in mid-June to 1,550 thousand tons in mid-July. This compares with a high of over 2,700 thousand tons last January. Over the past month the operating rate has held steady at close to 55 percent of capacity following the almost steady spring and early summer downtrend. Auto assemblers have meanwhile begun the changeover to production for the new model year and widespread plant shutdowns have meant sharply lowered output. July factory shipments of new cars came to 430,000, compared with a second quarter rate of just over 600,000, and a year-ago pace of 550,000. Elsewhere in manufacturing, production has been generally well maintained. Machinery output in June was even with the earlier 1960 pace. Among nondurable goods lines, the prevailing pattern was one of operations close to or surpassing previous highs. divergent movements, was about the same as in the preceding quarter, or close to a $3 billion annual rate. The second quarter balance represents a substantial betterment from the second quarter of last year when a high of $4.8 billion (annual rate) payments balance was recorded. The adverse balance resulted in a further drain upon our resources. Financial moves Costs of borrowing continued to ease through mid-summer with the markets for U.S. Treasury issues evidencing the most pronounced drift. The 3-month bill rate dropped to nearly 2 percent in early August, the lowest since the fall of 1958. With improvement in longterm bond prices also continuing, the Treasury floated a $2 billion, 8-year issue at 3/s percent, the first bond issue sold below the 4% percent ceiling since NONFARM EMPLOYMENT Total Little Changed in Recent Months 54 50 48 Declines in Durable Manufacturing Foreign trade improved Net foreign demand continued to advance in the second quarter, contributing to the rise in total national output. The more favorable trade balance has come almost entirely from the substantial gain in exports, with imports up by only a small amount from the first quarter. The export rise came importantly in the flow of industrial materials—such as copper and steel mill products—and in aircraft. While the favorable trade balance was again up sharply from the first to the second quarter, our total balance of payments did not show further improvement. The expansion in the merchandise balance was apparently offset by a corresponding rise in capital outflows and in other international pa}~ments. The net payments balance in the second quarter, as a result of these Were Offset by Increases Elsewhere 46 42 40 1957 1958 1959 1960 Seasonally Adjusted Data; BLS U. S. Department of Commerce, Office of Business Economics 60~8-2 early 1959. The market demand for the new security was well in excess of the final allotment. Stock prices continued an erratic course with a downward tendency. August 1960 Industrials are close to the winter lows and below a year ago. In view of the reduced volume of borrowed funds involved in stock purchasing and easing financial tendencies, the Federal Keserve in late July lowered cash margin requirements from 90 percent to 70 percent of stock prices. The more recent action in freeing some member bank cash reserves provides the basis for a substantial increase in the money supply and will become effective beginning later this month at a time w^hen there is normally a seasonal increase in the demand for bank funds. Employment little changed July witnessed the usual seasonal dip in the number of employees on nonfarm payrolls as schools closed and vacation shutdowns affected manufacturing activities. At a seasonally adjusted rate of nearly 53% million, employment was little changed from the average for the second quarter and was more than one-half of a million above a year ago, which was the high point prior to the interrupted work schedules of last summer. Kecent employment patterns are shown in the accompanying chart. With the exception of durable goods manufacturing industries, employment has been virtually stable or on a moderately upward tilt since the early part of the year. The decline in durables since last February was more than matched by gains in nondurable goods manufacturing, trade, construction, services and State and local governments. Average hours worked lower The average length of workweek is lower than at the turn of the year or compared with a year ago. In both of those earlier periods the workweek was being extended in durable goods factories in the face of threatened or existing dislocations in supplies. However, during the spring, average hours worked tended to hold steady or to be extended somewhat, after allowing for seasonal influences. Basic wage rates have continued to move higher, serving to lift the payroll totals. In July, the work schedule in manufacturing averaged close to 40 hours a week, a halfhour less than the year before. SURVEY OF CURRENT BUSINESS August 1000 1960 Model Autos Record Good Year the accompanying higher consumer purchasing power. With progressively higher income in each month of the model year, consumers supplemented their purchasing power through the use of a large volume of auto insfc&iiment credit, readily available on terms not much different from those prevailing last year. Automobile paper outstanding at mid-year totaled $17% billion—some $2% billion higher than a year earlier. The proportions of new cars bought on credit in most months this year exceeded those in the corresponding months of 1959; almost 63 percent of all new car sales in 1959 were partly financed by credit. The immediate acceptance of the new compact cars, as reflected in the rapid sales growth of these smaller vehicles^ was also of prime importance. Buying Patterns Change J_ HE 1960 model domestic automobiles are ending their run in August with an aggregate output of about 6 million cars. Production, plus imports during the period, approximated 6.6 million units, a volume exceeded only by the 7.2 million in the record model year 1955. As compared to 1959, the 1960 model run was 8 percent higher, while the number of imports was apparently reduced slightly. Rise in sales Dealers' sales of domestic new cars in the April-June quarter were running at a seasonally adjusted annual rate of about 6% million, somewhat above the first quarter; sales totaled 5% million units in calendar year 1959. In July sales fell well below the second quarter rate, after seasonal adjustment, partly due to the large amount of "bonus" selling concentrated in June. Dealers' stocks of new domestic cars were close to 1 million units at the beginning of August after fluctuating within a narrow range since March. This volume was about 100,000—or 10 percent—above a year earlier. Foreign car registrations in the second quarter of 1960 were at a seasonally adjusted annual rate of about 500,000 cars, compared to rates of about 600,000 cars in the preceding four quarters. This marked the first reduction in import demand since such cars became an important factor in the domestic market. Several major influences account for the more favorable sales performance of the 1960 domestic cars. Foremost was the improved general business with Average price lower These lower-priced cars resulted in some lowering of average costs to the consumer. At the time of introduction, the factory-suggested retail list prices of the 1960 standard models were SHIFTS IN THE AUTOMOBILE MARKET U. S. Compacts Surged in the 1960 Model Year The Distribution of Production Plus Imports Has Changed Markedly as Affecting Combined Output of the "Big Three" Standard Models Millions 6 All Other Cars 0 Aggregate of Other Standard Models Was Up Slightly Aggregate of "Big Three" Standard Models Imports Showed No Further Growth Compacts 20 - Standard Makes Other Than the "B/g Three Models" Imports J 0 1955 56 57 58 59 60 Model Year 1955 56 57 58 59 60 56 1955 Model Year 57 58 59 60 Model Year ° I960 estimated Data U. S. Department of Commerce, Office of Business Economics : Ward's A u t o R e p o r t and Bur. of the C e n s u s 60~6-3 SURVEY OF CURRENT BUSINESS little changed from comparable 1959 models—the first time in many years that such prices had not been raised. In the later months of the 1960 model year, the Consumer Price Index, which measures net prices, i.e., after cash discount or overallowance on trade-in, fell somewhat below those of a year earlier. The average unit retail price of new cars fell even more as the lower-priced (and on the average less-equipped) compacts assumed greater importance in the sales-mix. Average unit prices fell about 5 percent from the first half of 1959 to the first half of this year. This reduction offset about one-half of the rise in the volume of domestic sales so that dollar expenditures for new cars In the first half of 1960 were about 5 percent above the corresponding period of last year. percent of U.S. sales in the model year 1959. The steady increase in popularity of foreign cars and of the smaller and lower-priced domestic makes meant a less favorable sales picture for the standard models, and brought domestic producers into the compact market on an increasingly wide scale. As noted Compacts* share up to one-fourth i Preliminary. Source: Ward's Automotive Reports and U.S. Department of Commerce. A major highlight of the 1960 model year is the exceptionally rapid consumer acceptance of the "compact" cars which accounted for one-fourth of the output. Some 17 percent of the market represented the compacts introduced in 1960 for the first time. The four newcomers accounted for about one million cars, which raised total compact car production to almost 1.6 million units. Two of these smaller-sized cars have moved up to a position behind the two best sellers of the standard models. In the 1955 and 1956 model years, only about 2 percent of the U.S. auto market was going to the smaller and compact cars, which consisted of one domestic car and many foreign makes. In these comparisons, the annual figures for imports conform with domestic car model years. In 1957, imports more than doubled, boosting the small car share to 4K percent. With imports increasing again in 1958 and the domestic smaller car doing correspondingly well, the combined proportion for the model year amounted to 11% percent. The large 1958 absolute gains, it should be noted, occurred in a sharply reduced aggregate market. By the 1959 model year, the domestic production of the smaller passenger vehicles had risen to 500 thousand cars. With imports up to 600 thousand units, the combined total accounted for 18 Table 1.—Domestic Production and Imports of New Automobiles, Model Years 1957-60 [Millions] Mode 1 year Domestic production Compacts _ Other cars Imports Production and imports 1957 1958 1959 6.2 .1 6 1 4.3 .2 4.1 5.6 .5 5.1 Percent change 1959 to 19601 1960 6.0 1.6 4.4 .2 .4 .6 .6 6.4 4.6 6.2 6.6 8 213 — 12 7 above, the 1960 model production of compacts rose to 1.6 million cars— about one-fourth of the entire market, and triple the 1959 compact volume. In the 1960 model year the compactimport combination accounted for onethird of the market, with the sharply increased penetration from the 1959 model year attributable entirely to the compacts. Less than a year ago imports exceeded the domestically produced compacts, which are generally larger with more optional equipment than are the major imported cars. In the April-June quarter of this year compacts outsold imports nearly three to one, and were moving ahead while imports had turned downward. As a result of the highly favorable sales, plans have been announced to introduce four new models of the smaller type, bringing the total to 10, or almost one-half the domestic lines to be produced in the 1961 model year. August 1060 tic compacts and foreign makes stands out. The chart also shows a breakdown of the combined output of standard model cars between the "Big Three" and others. From the model year 1955 to 1957, the three largest volume domestically produced cars extended their share of the new automobile market from 54 to 60 percent. This increase, as well as the inroads made by imports, reduced the output proportion of the larger American cars from 44 percent to 35 percent. This ratio continued to decline through 1959, and then was maintained this year. It may be seen from another panel of the chart, however, that unit output of these cars rose in both 1959 and 1960. Starting with the 1958 models, the relative share of the "Big Three" began to fall, moderately through 1959 and sharply in 1960, when the proportion was down to 39 percent. There was an absolute decline in their combined total of 700 thousand cars from 1959. It should be noted, however, that one newly styled car brought out in this size and price class under a standard name has been a market feature in 1960. The sharp rise in compact production in 1960 was thus apparently mostly at the expense of their bigger "brothers" next in line. The data further suggest that with one notable exception internal competition along with consumer preferences had evidently resulted in the compacts taking sales from their own companies7 standardsize cars. Shifts in the imported car market Total foreign car registrations in the first 6 months of the calendar year 1960 were 3 percent below the corresponding period in 1959. Particularly hit by the increasing domestic competition were the makes imported from overseas plants of domestic manufacturers and marketed by their dealers Standard model decline in the United States. For the four The accompanying chart presents a leading makes of this type declines comparison of the distribution of new ranged from 17 percent to 54 percent; model passenger car production and of in total these registrations were about imports in the corresponding periods one-third less. Sizable declines were of the model years 1955 through 1960. also shown for a few products of major The increasing proportion of the domes- foreign manufacturers. SUEVEY OF CURRENT BUSINESS August 1060 On the other hand, the two most popular imported cars of realty small size and large economy of operation, showed gains in the first half of 1960 of about 50 percent and 10 percent over the corresponding months of 1959. As a result, registrations of all makes produced by foreign manufacturers were 7 percent above January-June 1959. National Income and Product: Rise Extended in Second 1960 Quarter the distorting effects of last summer's steel strike, the GNP data in the accompanying text table and in the adjacent chart show clearly the important shifts that have occurred as the cyclical rise has matured. The market areas that rebounded most vigorously during the recovery of 1958 and early 1959 have played a much less important part in the more recent increase of activity. The types of demand which showed little buoyancy in the earlier period, by contrast, have moved up. Consumer durables, new housing, and defense expenditures have held even or FINAL PURCHASES: PATTERN OF CHANGE .NATIONAL product in the second quarter mirrored a continuing rise in final purchases for consumption, fixed investment and exports, in part offset by a slowing of inventory accumulation from the abnormally high first-quarter pace. The GNP at $505 billion was up close to $4 billion from the opening quarter of the year, at annual rates, with about half the increase due to a rise in physical volume and the remainder to price advances. Inventories of steel and its endproducts having been rapidly rebuilt during the winter, demand declined GNP RISE EXTENDED • Basic Demand Continued To Advance • Less of the National Product Going into Inventories Since 1st Quarter Billion Dollars Gross National Product 500 \ Final Purchases 450 Inventory buildup 400 - Wv- Inventory liquidation I I I I I I 1958 1959 1960 Quarterly Totals, Seasonally Adjusted, at Annual Rates U. S. Department of Commerce, Office of Business Economics 60 - for this part of industrial output. The rise of total output tapered following the sharp spurt in the opening months of the year (see chart). The growth of national and personal income moderated, but both these series rose to new highs along with the GNP. The flow of personal income expanded in each month of the quarter, though the increase was less in June than in the earlier spring months. Gross National Product First Half of 1959 to First Half of 1960 Fixed Investment and Foreign Business Rebound Billion $ Change at Annual Rate 10 - Investment 5 - Net Exports 0 Consumer Buying and Nonfedera! Public Services Continue To Expand 20 - Outstanding among the developments of the spring quarter was the $10 billion gain in final purchases, one of the sharpest recorded in several years. This imparted a strong tone to the major part of business markets. The latest phase of the business upswing, like the earlier recovery period, has featured a sustained growth in personal consumption of nondurables and services. A similar uptrend in purchases of State and local governments has accompanied the rise in the requirements for public services. These segments of the market for the national output together absorb well over half the total. Their strength in recent years has mirrored the progressive advance in living standards as well as the growth and movement of population and the cumulative rise in the supply of residential housing. With the pattern of final demand in other markets now largely freed from Personal Consumption Expenditures (excluding durables) 15 - 10 State & Local Purchases 5 - While Other Areas Which Contributed Heavily to the 1958-59 Rise Show Little Further Strength 5 Consumer Durables Residential Building Federal Gov't -5- Seasonally Adjusted, at Annual Rates U. S. Department of Commerce, Office of Business Economics 60-8-5 SURVEY OF CURRENT BUSINESS August 1960 expenditures last year, though substantially fewer than in 1955. Prices for Consumption expenditures neared a comparable models have risen during $330 billion annual rate in the spring, the last 5 years, but the average per the $5K billion increase absorbing the unit has fallen with the growth in popularger part of the growth in disposable larity of the smaller and less expensive personal income. More than half of domestic compact and imported cars. the increase in spending represented These developments are analyzed on gains in the real volume of consumppage 3 of this Survey. tion, though rising prices played a Durable household goods outlays considerable part in some cases. have been falling back this year toward Over half the advance in purchasing the plateau they maintained from late was in nondurables, where substantially 1955 through most of 1958. During higher food and clothing expenditures this 3-year period quarterly sales of occurred along with stepped-up purfurniture and appliances ranged bechases of gas and oil and other items. tween $17 billion and $17} 2 billion, at The rise in food amounted to $2 annual rates. With the rapid upswing Final Purchases of GNP: Shifting Pattern billion at annual rates—the largest inof Cyclical Advance in residential building and in disposable crease in several years. Like the rise of early 1958, that recorded last income, consumer buying of durable First-half to first-half change in seasonally adjusted annual spring was due partly to an upward household goods rose thereafter to rate (billions of dollars) adjustment in prices which was also reach $19 billion in each of the last reflected in an advance in farm income. three quarters of 1959. The decline 1959-60 1958-59 1955-56 1954-55 The severe late winter weather was a since the turn of the year has amounted factor in the food price movement, to around $X billion. These swings in Business fixed investment and net exports 8 —\y» iy> 2 bringing about a more-than-seasonal sales have been in physical volume; Consumer durables, residenadvance in the cost of fresh fruits and price movements have generally been tial construction and Federal purchases 6^ -1H 14J/2 -i vegetables and temporarily reinforcing quite small, though in the most recent Personal consumption exthe firmer market tone which has lately months prices of large appliances have cluding durables, and State 18 ll}/2 and local purchases 12^ 17H appeared in meat. Food prices seem 31 24 21 24 Total final purchases to have reached a high early in the INVENTORY CHANGES spring quarter after a 3-month rise, IN THE GNP overall, and to have held about even These three markets together ac- since if allowance is made for seasonal Wide Swings in Rate of Inventory-Building counted for close to half the aggregate variation. rise in final purchases from early 1958 Billion Dollars Clothing and shoe purchases registhrough mid-1959. They have since tered a $K-billion increase for the registered a decline of nearly $2 billion, second quarter, with prices up and at an annual rate. good pre-Easter sales following the The check to expansion in these areas slack business of late winter. Apparel has been substantially offset by the sales dipped after Easter, but were recovery achieved since early last year again running high in the early summer. In business fixed investment and in Expenditures for durable goods held exports. Moving up in the first quar- about even with the first quarter in ter and again in the spring, these total, automotive outlays continuing to -10 demands have so far contributed $8 move up while the contraction in sales billion more to the annual rate of GNP of furniture and especially of large . Center in Durable Goods Lines this year than last. Up through the household appliances was extended. first half of 1959, by contrast, the Auto sales approached an alltime high recovery in fixed investment had been in dollar volume. At $19 billion, convery limited and net exports had sumer purchases were back to the predeclined with high imports and lowered strike peak annual rate of a year earlier, sales abroad. and only $K billion below the second The text table compares the devel- quarter of 1955, the best spring quarter opments of 1959-60 with those of the on record. Reflecting the interaction of price earlier recovery period, and shows that 1959 1958 1960 a similar shift in the Nation's markets movements and model preferences, the Quarterly Changes, Seasonally Adjusted, at Annual Rales developed at a similar stage of the dollars spent for new autos this spring 60 bought more units than did the same U. S. Department of Commerce, Office of Business Economics 1954-56 upswing. declined this year. Consumer purchases of durable goods registered no fsignificant advance in the spring and, though bolstered by some spillover of automotive demand from late 1959, first-half buying was not much higher this year than last. Residential construction outlays through June, showing little change from one month to the next, were less than in the same period of 1959. Federal Government purchases were off fractionally from the first quarter to the second, and for the half-year were below 1959 in both the defense and nondefense categories. Consumer demand high SURVEY OF CURRENT BUSINESS August 1960 weakened as sales tapered, inventories rose and it became necessary to accelerate merchandising efforts. Investment trends mixed Residential construction activity was reported substantially unchanged for the spring quarter. Business fixed investment was up somewhat, as equipment spending held even or advanced in nearly all major industries. The spurt in inventory accumulation which accounted for more than $11 billion of the first-quarter annual rate of GNP subsided, but stocking still absorbed about 1 percent of total output. Outlays for residential construction have shown signs of leveling off recently, at an annual rate down $2 billion, or close to 10 percent, from the alltime peak reached a year ago. Not much new strength is yet apparent, however, in the course of reported starts or of applications for government loan backing. Capital market conditions have eased considerably since the turn of the year; yields on long-term Treasury bonds, for example, have moved down about half a percentage point. The competitive position of conventional mortgages in which have characterized most nonparticular has improved accordingly, durables industries. Advances in air with some favorable effects apparent and rail transportation and in commuon activity. Investor demand for gov- nication have also been substantial. ernment-backed mortgages with their Inventory buildup slows statutory interest rate ceilings, how- The temporary spurt in production ever, continues restricted; open market to refill the inventory pipelines was discounts on FHA home mortgages over in a relatively short period and have declined only fractionally since markets no longer feel demand presthe turn of the year. sures from this source. The increase Business investment purchases of in inventories, at a $5 billion annual construction and durable equipment rate, was considerably less than in the continue as a strong element in the first quarter, but was about the same as economy, registering a gain on the order the accumulation during 1959. The of $2 billion in the second quarter. slowing rate of accumulation is traceFollowing a like increase in the opening able for the most part to the major quarter of the year, this brought fixed steel-using industries and to durable investment outlays for the first half to goods distributors—the same groups a rate $5 billion or over 10 percent that had required heavy restocking. above the same period of 1959. In durables manufacturing, the value Nearly all of the industries distin- of stocks held has shown little change guished in the OBE-SEC Plant and in recent months apart from the conEquipment Survey report higher out- tinued expansion in primary metals. lays so far this year by comparison In trade, dealers' stocks of autos have with either the first-half or yearend continued to rise on a seasonally adrates of 1959. Investment has been justed basis, but at a rate far under stepped up most sharply in primary that of the first quarter. Inventory changes elsewhere conrnetals and other durable goods groups. Chemicals and textile manufacturing tinued mixed and generally limited. have registered the largest of the gains Holdings of food and beverage produ- Table 2.—Gross National Product in Current and Constant Dollars (1-3, 1-5) [Seasonally adjusted, at annual rates] Billions of 1954 dollars Billions of current dollars 1957 1959 1958 II Gross national product Personal consumption expenditures.. _ Durable goods _ _ _ _ _ _ _ Nondurable goods Services __ __ __ Gross private domestic investment New construction Residential nonfarm.. _ ._ Other ._ . Producers' durable equipment _Change in business inventories Nonfarm__ Net exports of goods and services Exports Imports Government purchases of goods and services Federal National defense __ _ Other Less: Government sales. State and local _ - - 1960 1957 1959 III IV I II 1959 1958 1960 1959 II III IV I II 442.8 444.2 482.1 487.9 481.4 486.4 501.3 505.0 408.6 401.0 428.0 434.2 426.3 429.1 440.5 442.2 285.2 40.4 137.7 107.1 293.5 37.3 142.0 114.2 313.8 43.4 147.6 122.8 313.6 44.4 147.7 121.4 316.0 44.0 148.0 124.1 319.6 43.5 149.6 126.6 323.3 44.2 150. 5 128.6 329.0 44.5 153.5 130.9 271.2 38.5 132.6 100.1 273.6 35.6 133.7 104.3 289.4 40.8 139.3 109.3 290.0 41.6 139.8 108.6 290.8 41.2 139.5 110.1 292.8 41.1 140. 5 111.2 294.8 41.8 141.1 112.0 298.3 41.9 143.2 113.3 66.1 56.0 72.0 78.9 67.5 70.8 79.3 75.5 58.1 48.3 60.9 66.7 56.7 59.4 66.2 62.8 36.1 35.4 40.3 41.3 41.1 39.4 40.8 40.7 31.8 31.0 34.4 35.2 35.0 33.4 34.0 33.8 17.0 19.0 18.0 17.4 22.3 18.0 23.5 17.8 22.6 18.5 21.3 18.1 21.4 19.3 21.3 19.4 15.3 16.5 16.2 14.9 19.4 15.0 20.4 14.8 19.6 15.4 18.3 15.0 18.3 15.7 18.2 15.6 28.5 23.1 25.8 26.1 26.5 26.8 27.1 29.5 24.6 19.4 21.3 21.5 21.7 22.2 22.4 24.2 1.6 -2.5 5.9 11.5 -.1 4.7 11.4 5.3 1.6 2 2 5.2 10.1 3.8 9.8 4.8 .8 -3.6 5.4 11.0 -.5 4.3 11.0 5.0 .7 -3.1 4.9 9.7 .0 i 4.0 9.4 4.5 4.9 1.2 -2.2 -.2 -.4 12 2.0 3.8 -.2 -2.4 -3.8 — 1. 7 26 2 21.3 22 7 21.5 22.9 23.8 22.2 24.4 24.0 24.2 23.5 23.9 25.2 23.9 26.4 24.4 24.4 20.6 21.4 21.6 21.9 24.3 21.2 25.0 23.1 24.8 86.5 93.5 97.1 97.7 98.1 96.4 97.5 98.6 75.5 79.3 80.2 81.2 49 7 52 6 53.3 53.7 53.6 52.5 51.8 51.7 43.2 44.5 43.6 44.4 5.7 .4 44.8 8.3 .5 46.0 7.8 .5 46.4 7.8 .5 46.1 8.0 .5 45.5 7.5 .5 44.9 7.5 .5 44.7 7.6 .6 36.8 40.8 43.9 44.0 44.5 43.9 45.7 46.9 32.2 34.8 36.6 -1.0 -1.5 -.1 .7 22.5 24.0 23.8 24.0 25.2 24.5 80.5 78.5 79.6 80.3 44.4 43.5 42.3 41.8 41.8 36.8 37.0 36.2 37.8 38.6 8 cers moved up in book value, while the first-quarter rise in textile inventories slowed. Export demand stronger The most recent improvement in our foreign merchandise trade balance contributed to the second quarter increase in GNP. At an annual rate of $2 billion, net exports for this period were the highest since late 1957. A series of advances since the postwar low was recorded in the spring quarter of 1959 have stemmed primarily from expansion in merchandise exports while imports have remained on a high plateau. The increase in our sales abroad has been due in part to rising prosperity in industrial nations of Western Europe and Japan, which has given a firm tone to demand for a number of our manufactured goods as well as for certain industrial materials. Cotton has also benefited from special circumstances which resulted in an unusually high movement in the first half of 1960, and steel exports have moved ahead with the growing supply. Government purchases up Government purchases of goods and services advanced $1 billion to a second-quarter rate of $98/o billion, as the upward trend in State and local outlays continued. Federal purchases are little changed. State and local buying approached an annual rate of $47 billion, as against $44 billion a year earlier. The expansion has been mostly in payrolls, which are now about equally divided between school and nonschool activities, State and local demand for new construction, which gives rise to over one-fourth of all purchases by these governments, has been fairly stable for the past year. Federal buying held approximately even in the spring, after moderate declines—mostly in defense spending— in the two preceding quarters. Total Federal purchases so far in 1960 have been down more than $1 billion from last year's second-half annual rate. This decline more than offset the small increases noted recently in transfer payments and other non-GNP expenditures. Federal revenues, by contrast, increased rapidly around the turn of the SURVEY OF CURRENT BUSINESS year, on the accrual basis used in the national income accounts. The poststrike advance in business raised corporate profits and other taxable flow^s abruptly at that time; and increases in social security tax rates also added to receipts. The Federal fiscal position accordingly shifted from a deficit for the second half of calendar 1959 to a substantial surplus for the first half of 1960; and the Government thus wound up the fiscal year with a surplus of about $2 billion on national income account. The surplus recorded in the administrative budget, which excludes social security transactions and differs from the national income concept in various other ways, was about $1 billion. National Income Nonfarm national income rose again with the continued advance in production, though at a lower rate as industrial output reflected the fading of inventory needs. The $4% billion rise in wages and salaries was less than the firstquarter advance. The fragmentary information at hand on corporate profits indicates that there has been some decline following the upswing recorded last winter as margins were reduced. This adverse move in profits had no immediate effect on the flow of purchasing power to consumers, as dividend payments were maintained. Earnings of farm proprietors recorded some improvement in the second quarter. Personal income, bolstered by the gains in farm and payroll components, rose from a $396 billion rate in the first quarter to $404 billion in the second. This important business indicator matched the rate of increase in the preceding quarter, continuing to give an impetus to expanded consumer buying. The upsurge in activity around the turn of the year had carried income to a record $414/2 billion annual rate for the January-March period. This w^as $12 billion above the preceding quarter, and $9 billion beyond the pievious high a year ago last spring. August 1900 From the fourth quarter to the first, employee earnings were up $8/2 billion. The rise in compensation of employees, though not quite proportionate to the gain in total national income, was one of the largest recorded in any recent quarter. The sharpness of the increase was due mainly to the rebound of auto, steel and transportation payrolls; the statutory advance, effective January 1, in the rate of OASI contributions also played a part. Corporate profits provided $2% billion of the first-quarter expansion. Movements were mixed among other types of income. Earnings of nonfarm proprietors rose, as did net interest, but these increases were partly offset by a further fall in farmers 7 income. Neither of the major elements in the first-quarter spurt of employee earnings continued into the spring, and the rise of national income slowed in this period despite a turnaround in farm income and widespread strength in payrolls outside durable goods manufacturing. PAYROLL SWINGS Largely in Manufacturing Billion Dollars 300 200 $ TRADE, TRANSPORTATION UTILITIES 100 1958 1959 1960 Monthly Totals, Seasonally Adjusted, at Annual Rates U. S. Department of Commerce, Office of Business Economics 60-8-7 August 10f>0 SURVEY OF CURRENT BUSINESS 9 Earnings of non farm business and come in the second quarter, though Manufacturing payrolls in the second corporate profits were an important ex- professional proprietors touched a $40quarter responded to declining activity ception. Farmers' income benefited billion rate in the second quarter, rein the metals and transportation equip- from an improved volume of market- flecting the continued prosperity of the ment industries, decreases in which off- ings, and from higher prices for some trade, construction, and service lines in set the effects of higher employment and products. The spring rise carried net which unincorporated enterprises are earnings in most of the non durables income for the first 6 months of the most common; and the uptrend of inyear to a seasonally adjusted annual terest income was extended with a $%groups. Primary metals employment and rate above $11 billion, about the same as billion advance to $18% billion for the quarter. hours have been cut back from month in the second half of 1959. to month since February. In aircraft Table 3.—Personal Income and Its Use (II-2) plants, wage payments continued to reflect the 3-year tapering in employ[Billions of dollars, seasonally adjusted, at annual rates] ment. Automotive payrolls were also 1959 1<)60 down somewhat, following the first1959 1957 1958 I II quarter bulge, but remained above the III IV H year-earlier totals. 389.0 404.2 __ __ __ _ 396.2 351.4 360.3 383.3 384.8 384.5 Outside manufacturing, all major in- Personal income _ __ Wage and salary disbursements _ _ _ __ 261.5 268.7 273.1 238.5 239.7 258.2 260.1 259.7 dustry divisions reported payroll gains 112.0 112.8 Commodity-producing industries 102.2 107.2 107.7 97.9 109 6 107. 1 85.2 89.0 89.0 Manufacturing only _ __ _ 85.0 80.6 76.7 84.7 86.5 from the first quarter. These were 72.0 69. 1 70.3 63 4 68.2 69 1 Distributive industries 63 8 68 2 40 7 39 8 32 8 38 0 38 8 Service industries 34 7 37 5 37 1 generally on the order of 1 to 3 percent, 45.9 47.6 Government. _ _ _ __ _ ___ __ 40.2 45.1 45.5 46.6 43 2 45.3 and involved increased employment as 10.5 10.9 Other labor income _ 10.1 10.1 10.3 10.7 9.1 9.4 well as higher hourly earnings. 46.0 Proprietors' income _ _ _ _ _ 46.1 46.3 48.1 44.5 46.4 46.5 46.8 35. 1 35.4 36.0 35.0 Business and professional 32.7 32.3 34.7 34 8 Employment in trade and construc11.2 12.1 14.0 10.6 Farm _ __ _ _ _ _ _ ___ 11.8 12.0 11.8 11.1 tion, in particular, improved markedly Rental income of persons __ _ _ __ 12.4 12.5 12.5 12.5 11.9 12.2 12.4 12.4 as building activity and consumer buy13 9 Dividends 12 6 12 4 13 4 13 2 13 6 13.8 13.9 Personal interest income 19.6 23.5 23.8 24.5 26.5 20.8 23.1 25.6 ing recovered from the effects of the bad Transfer payments 21.9 26.4 27.0 26.8 27.8 27.9 28.5 26.8 weather of late February and March. Old-age and survivors insurance benefits 10 2 10 3 10 4 10 5 10 7 11 2 7 3 8 5 State unemployment insurance benefits 1.8 3.9 2.5 2.1 2.4 2.5 2.8 Government employee earnings were up 4.4 Veterans' benefits __ _ . _ ___ 4.4 4.3 4.4 4.4 4.6 4.5 4.3 Other 10.4 9 9 10.2 10 4 8 4 9.4 10 1 9 8 $1 billion, or 2 percent; State and local Less: Personal contributions for social insurance 6.7 6.8 7.9 7.8 7.8 7.9 9.2 9.3 employment continued to grow, and 42 6 42 4 46 0 46 3 46 5 49 2 tax and nontax payments 46 2 50 0 Federal payrolls were swelled by the Less: Personal 36.7 40. 1 37.3 39.8 40 0 40.2 43.4 Federal -_ _ _ _ 42.6 State and local 5.7 6 2 6 1 5 3 6 2 6 3 6 6 6 6 hiring of approximately 180,000 temEquals: Disposable personal income 308.8 317.9 337.3 338 3 342 4 338 5 354 1 347 0 porary employees to help take the deLess: Personal consumption expenditures __ 285.2 293.5 313.8 313.6 316.0 319.6 329.0 323.3 cennial Census of 1960. Manufacturing upswing checked Other second-quarter changes Most other major types of earnings contributed to the rise in national in- 558602°—GO- Equals: Personal saving Disposable personal income in constant (1954) dollars,. 23.6 24.4 293.8 296.2 23.4 311.1 (Tables continued on page 24) 24.8 313. 0 22.5 311.4 22.8 23.7 25.2 313.6 316.3 321.1 BY ROBERT E, GRAHAM, JR. General Rise in State Income in 1959 Most States Show Advances Ranging Up to One-tenth J_ HE flow of income to individuals rose to new highs in nearly every State in 1959 under the impetus of expanding demand forces. Nationally, personal income totaled $381 billion in 1959, a rise of $23 billion, or 6 percent, over 1958. Among States, relative changes varied from a gain of one-tenth to a loss of one-tenth. By regions, percentage increases were broadly similar throughout most parts of the country. With consumer prices up about 1 percent from 1958 these advances were in the main increases in real purchasing power. Moderate and comparatively uniform advances in income from most industrial sources more than offset the geographically concentrated effect of the major steel strike that began shortly after mid-1959, and the more widespread results of the downturn in farm income. The dollar volume of nonfarm income was a record last year, with the increase over 1958 amounting to 4 percent or more in every State. Increases in aggregate current-dollar purchasing power were closely associated with the economic size of the regions. Consumer incomes in the Mideast, Great Lakes, Far West, and Southeast—the four largest regions— climbed between $4 billion and $6 billion each. In the Southwest and New England States, consumer markets were up $1^ billion, while in the Plains and Rocky Mountain areas, the rise was $% billion and $K billion, respectively. Largest regional rates of income gain in 1959 were in the Far West (9 percent) and Southeast (7 percent). In the first, the increase was geographically pervasive with all except one State experiencing appreciably better-thanaverage income growth and with most income sources contributing to this NOTE.—The estimates of personal income by States were prepared by Edwin J. Coleman, James M. Lazard, Dorothy Anne Fisher, Edward A. Trott, Jr., and Charles L. Saccardo. WHERE MARKETS EXPANDED MOST Changes in Personal Income, 1958 to 1959 Billion Dollars Percent 4" "12 States With Largest Relative Gains States With Largest Dollar Gains ' Do//ar Increase "• 9 3- \ 2- California New York -Illinois U. S. Department of Commerce, Office of Business Economics 10 Ohio Pennsylvania Hawaii Florida Arkansas Mississippi Nevada 60-8-8 August I960 SURVEY OF CURRENT BUSINESS record. In the Southeast, there was less uniformity. Seven States expanded at a faster rate than the national pace; one matched it; and four fell short. In New England, the Mideast, Great Lakes, and Southwest, regional income gains from 1958 to 1959 held to the 6-percent average noted for the country as a whole. In the first three regions, a large part of the advance reflected the sharp rebound of the manufacturing industry from the 1957-58 cyclical setback. In the Southwest, incomes from most industrial sources rose at rates that conformed approximately to the national experience. In the Plains and Rocky Mountain States—major agricultural regions—• sizable declines in farm income limited the rise in aggregate income to 3 percent and 5 percent, respectively. In both regions, income from nonfarm sources rose at rates matching those in the Nation as a whole. State Variations Among individual States, the degree of income improvement differed appreciably. Wide variations in size of markets (States) make it relevant to measure economic growth in both absolute and percentage terms. Differences in the two gages appear in the accompanying chart. The percentage changes for all States and regions are shown in table I. Figures from which dollar changes may be computed are given in table 1. Largest dollar expansion For the fourth consecutive 37ear, the largest income rise—in dollars—was in California ($3,652 million). Top gains also occurred in New York ($2,946 million), Illinois ($1,504 million), Ohio ($1,452 million), and Pennsylvania ($1,143 million). Together, these five States account for almost half of the $23-billion nationwide rise in consumer incomes last year. New York's 1958-59 relative expansion was only fractionally larger than that in the Nation. However, this approximately "average" growth rate in conjunction with an economic base embracing one-eighth of the Nation's total economy yielded an income incre 11 ment that was second in size only to Largest relative gains that in California. Measured by percentage change, the The expansion in Ohio, Illinois, and largest advances among the States in Pennsylvania also reflects the action 1959 were in the south and west. Perof continued growth, as well as recovery centage increases in Florida, Arkansas, Mississippi, Nevada, and California from the 1957-58 recession which had and Hawaii were 10 percent or a little a primary impact on these three in- better. dustrial States. In each, a rebound California is the only State classified in manufacturing wages and salaries in the top group in both absolute and sparked last year's upturn. relative size of market expansion. Table I.—Changes in Total and Per Capita Personal Income, by States and Regions, Selected Years, 1929-59 Total personal income Percent of continental United States State and region 1929 Continental United States Percent change 1959 1950 Per capita personal income Percent of continental United States 1958 to 1959 1929 1959 Percent change 1958 to 1959 100. 00 100. 00 100. 00 6 100 100 5 8.32 .56 .38 .26 4.51 .69 1.92 6.73 .48 .31 .20 3.45 .57 1.72 6.49 .45 .32 .18 3.25 .48 1.81 6 4 9 8 6 6 6 125 85 98 89 130 124 146 111 82 93 83 113 100 130 5 4 7 7 5 5 4 32.06 16. 47 4.33 8.79 .28 1.47 .72 26.36 12.43 3.86 7.30 .31 1.67 .79 25.19 11.84 4.05 6.50 .35 1.87 .58 6 7 7 5 5 138 165 132 110 145 111 181 117 126 120 103 136 108 136 5 6 4 4 3 4 3 23.61 4.44 6.04 2.30 8.50 2.33 22.51 4.79 5.72 2.66 7.10 2.24 21.85 4.60 5.77 2.55 6.76 2.17 6 6 6 6 8 114 113 111 87 136 97 108 104 107 97 120 98 5 4 6 S 4 6 8.87 1.80 1.66 2.66 .30 .34 .95 1.16 8.80 1.86 1.68 2.53 .35 .35 .86 1.17 7.97 1.75 1.42 2.43 .26 .27 .73 1.11 3 3 3 7 -9 -10 1 1 81 85 82 89 53 59 84 76 91 91 90 99 70 68 91 92 2 1 2 6 -9 -10 G 1 11.67 1.23 .93 1.19 1.15 1.22 .55 1.18 .88 1.00 .67 1.01 .66 15.17 1.78 .98 1.26 1.46 1.82 .83 1.56 1.61 1.18 .71 1.30 .68 15.75 1.85 .80 1.19 1.41 1.78 .83 1.60 2.44 1.21 .66 1.36 .62 7 6 3 5 11 5 10 5 10 52 62 66 56 54 48 38 50 74 46 41 59 43 72 84 75 70 70 69 61 72 91 65 54 73 61 5 4 4 4 6 6 7 6 5 4 9 2 10 Southwest Oklahoma Texas New M^exico Arizona 4.97 1.26 3.21 .20 .30 6.50 1.11 4.61 .35 .43 6.90 1.09 4.74 .44 .63 6 5 5 8 8 67 65 68 58 84 87 82 88 85 90 3 3 Rocky Mountain M^ontana Idaho Wyoming Colorado Utah 1.88 .36 .26 .18 2.26 .35 .31 .19 .98 .43 5 -2 5 5 7 .33 2.23 .42 .34 .21 .86 .40 85 85 72 96 91 80 92 90 82 99 98 85 3 -3 3 3 4 & Far West Washington Oregon Nevada California 8.62 1.36 .75 .09 6.42 11.70 1.77 1.09 .14 8.70 13.59 1.67 1.01 .20 10.71 9 6 9 10 10 129 107 97 125 142 118 105 100 127 123 7 5 8 .14 .31 .15 .34 6 11 118 99 3 8 New England Maine New Hampshire Vermont "M. assachusetts Rhode Island Connecticut Mideast --- New York New Jersey -Pennsylvania Delaware IVEaryland District of Columbia. _ Great Lakes Michigan Ohio Indiana Illinois Wisconsin - Plains M^ innesota --- Missouri North Dakota ^outh Dakota Nebraska Kansas -Southeast - -Virginia West Virginia.Kentucky Tennessee North Carolina.. _ _ _ _ _ South Carolina Georgia Florida Alabama _ Mississippi Louisiana Arkansas Alaska Hawaii _ - _ Source: U.S. Department of Commerce, Office of Business Economics. 4 7 8 £ 3 SURVEY OF CURRENT BUSINESS 12 Florida misses this special category by only a small margin. The large gains scored in these two States in 1959 were broadly based, with income from nearly every major source advancing. The 1959 experiences thus represent extensions of above-average economic records. Both over the long span since 1929, as well as in the more current August 19GO postwar period, Florida ranks number one in the Nation with regard to relative gain while California stands fifth. In Hawaii, stepped-up economic activity was widespread with outstanding increases in construction and services, both of which have benefited especially from the current boom in tourism as well as from the large population growth. Largest gains in Arkansas and Mississippi came from farm income and stemmed from an unusually large cotton crop. Nonfarm flows in these two States moved much the same as in the country as a whole. In Nevada, increases were general, and particularly strong upward move- Table II.—Percent Changes in Industrial Sources of Personal Income, by States and Regions, 1958-59 1 Broad industrial sources of income NonTotal farm Farm personal income income income State and region Income received by persons for participation in current production Government income disbursements Total Federal State and local Private nonfarm income All priContract Manu- Wholevate non- Mining construc- factur- sale and farm intion ing retail trade dustries Finance, insurance, and real estate Communications and public utilities Transportation Services Continental United States 6 -13 7 5 3 7 8 8 2 8 10 8 8 6 5 8 New England... _ 6 -23 7 3 2 5 7 8 0 6 11 6 7 3 4 8 4 9 8 6 6 6 -44 -17 -11 -17 -10 -12 7 9 9 6 7 6 6 8 5 4 3 -1 4 10 3 4 0 —5 8 4 8 4 10 5 8 9 10 0 0 0 0 0 0 22 6 16 6 7 11 6 4 6 9 11 10 6 6 6 0 4 -1 8 13 15 11 12 11 i§0 8 7 8 10 11 8 8 8 4 5 4 3 8 4 7 8 5 9 5 6 6 -16 7 5 3 9 7 7 -4 8 8 6 7 5 3 7 7 5 5 -11 -18 -21 -3 -22 4 2 1 1 4 10 6 8 3 8 5 6 8 —7 0 7 9 11 4 8 12 14 9 8 4 5 5 7 6 3 8 8 1 6 5 10 8 7 5 6 4 5 7 3 4 3 0 4 3 7 6 8 5 6 7 8 5 7 9 4 7 11 8 8 8 9 4 7 7 4 6 6 6 7 6 8 Maine New Hampshire Vermont.. Massachusetts Rhode Island Connecticut. _ .__ _ . Mideast New York New Jersey Pennsylvania Delaware ___ Maryland District of Columbia Great Lakes... _.. 4 . Michigan Ohio Indiana Illinois Wisconsin. _. Plains Minnesota Iowa Missouri North Dakota South Dakota Nebraska. _ Kansas __ _ _ - Virginia West Virginia Kentucky Tennessee North Carolina South Carolina GeorgiaFlorida Alabama Mississippi Louisiana Arkansas- . _ _ Oklahoma.. Texas __ New Mexico Arizona . _- ___ _ Rocky Mountain Montana Idaho Wyoming Colorado ._ Utah _ Far West... Washington Oregon Nevada. California Alaska Hawaii 4 9 2 -19 7 2 -1 5 8 9 5 3 12 6 8 8 7 9 —4 0 4 6 3 -9 -2 2 4 3 1 4 7 9 2 8 9 9 8 10 9 10 9 8 10 2 8 7 3 0 7 2 -4 3 8 11 13 13 11 13 3 -27 7 6 7 5 8 8 -2 11 11 6 7 6 6 6 3 3 -25 -24 -5 -51 -56 —28 -33 6 9 8 8 8 9 6 4 7 6 11 6 9 5 5 10 5 18 9 10 5 4 4 6 2 2 8 5 6 10 i 8 7 9 9 6 6 1° 9 8 10 9 6 -8 -5 0 0 8 8 2 8 15 12 15 21 19 5 9 16 11 7 16 11 4 4 7 4 9 6 7 8 15 7 6 5 7 2 9 6 5 5 5 7 10 5 6 5 3 7 7 9 8 7 7 7 -2 8 6 5 7 8 9 2 8 11 8 11 4 7 7 6 3 5 -22 -15 — 11 5 6 3 3 5 9 5 5 -2 7 9 8 4 I 4 -3 -3 8 9 3 11 6 9 11 10 3 9 2 1 i? 7 5 8 4 9 8 4 9 8 25 20 10 3 23 6 3 -6 4 9 8 8 10 8 9 6 8 3 4 -2 4 6 1 8 9 0 6 4 5 5 4 8 11 10 10 11 10 9 10 11 13 13 13 19 7 7 4 15 8 4 6 8 10 9 9 10 7 8 4 5 3 4 5 6 8 6 8 5 8 5 3 6 10 4 7 12 10 8 7 8 6 8 11 6 7 8 7 5 6 7 3 8 7 8 9 7 7 8 2 4 8 13 6 11 12 6 12 17 6 8 12 12 9 7 16 20 6 7 7 6 3 7 8 11' 9 6 9 16 0 16 14 17 6 9 9 6 6 8 10 10 17 15 11 15 8 11 11 5 10 5 10 -13 -11 -16 23 — 14 22 11 28 6 -10 7 6 5 8 7 5 5 8 8 -14 -9 -3 -13 6 5 4 3 6 5 8 14 8 7 9 11 5 6 10 12 7 10 12 5 -17 7 6 4 9 8 8 0 3 12 9 10 5 7 9 -2 5 5 6 6 8 8 8 9 9 8 11 9 10 5 6 10 9 8 5 6 10 9 8 10 -13 28 1 3 3 15 8 13 13 6 10 3 11 10 13 13 11 10 7 3 5 5 5 4 3 4 3 5 7 8 6 -3 3 6 -10 -4 13 6 7 -33 -1 -20 — 14 0 10 5 5 4 7 10 13 9 5 10 6 3 10 11 11 3 13 13 11 12 6 4 11 3 4 0 3 5 6 10 11 8 10 12 11 8 11 13 12 9 0 0 4 13 19 14 8 14 7 13 9 11 15 11 11 8 25 12 4 7 9 3 3 12 4 12 11 0 6 9 14 10 14 11 15 10 0 28 21 20 19 8 20 21 7 14 0 8 27 14 _. _. . 6 9 10 10 3 6 -3 5 7 9 10 10 _. 6 11 0 11 6 11 1 8 i For definitions, see tables 63 and 70. Source: U.S. Department of Commerce, Office of Business Economics. 9 -18 -20 -22 -25 -1 4 5 4 6 __ 4 8 6 5 7 3 8 6 6 6 8 Southwest 4 3 4 2 7 4 6 7 6 6 8 -9 -10 1 1 Southeast 7 5 6 6 10 9 10 6 SUEVEY OF CUEEENT BUSINESS August 1960 13 New Jersey ($2,608), and Massachuments were registered in the important Per capita incomes setts ($2,444). trade and services industries. In the country as a whole, per capita These nine States also ranked highest In contrast to the moderate, but personal income (total income divided clear, upturn characterizing economic by total population) amounted to in per capita in 1929. In that year, conditions throughout most of the $2,166 in 1959—about $100 more than however, average incomes of their country, there was little buoyancy in the $2,067 recorded in the preceding residents were half again as high as the national figure. By 1959, the margin the income flow in a number of States. year. Most of this rise represented an There were declines from 1958 to 1959 improvement in real per capita buying had been reduced to one-fourth. Conversely, eight of the nine States of about one-tenth in North Dakota power, with average prices up about 1 with the lowest incomes in 1959 were and South Dakota; a slight reduction also among the lowest nine in 1929. (2 percent) in Montana; and little percent. Average incomes were highest in In that year, their average incomes were change in Kansas and Nebraska. In each of these five States, the prime Delaware ($2,946), District of Colum- less than half that in the remainder of dampening influence was an unusually bia ($2,943), Connecticut ($2,817), Ne- the country. During three decades of large drop (from one-fourth to one- vada ($2,745), New York ($2,736), economic growth, this group of States California ($2,661), Illinois ($2,610), raised their per capita income to within half) in farm income. one-third of the national average. Table III.—Disposable Income, by States and Regions, 1955, 1957, and 1959 These comparisons highlight the fact that a striking facet of economic Per capita (dollars) Percent of Total (millions of dollars) continental growth in this country has been the United State and region States, continuing narrowing of geographic 1957 1955 1959 1959 1957 1955 1959 differentials in income levels. 271, 240 306, 500 335, 131 100. 00 1,653 1,804 1,907 Flow of disposable income New England _ _ ___ __ _ _ Maine New Hampshire Vermont _ _ _ Massachusetts.— Rhode Island Connecticut - 17, 789 1,333 851 512 8,811 1,431 4,851 19, 970 1,433 943 557 9,927 1,496 5,614 21, 722 1,546 1,059 616 10, 850 1,621 6,030 6.48 .46 .32 .18 3.24 .48 1.80 1,818 1,433 1,531 1, 365 1, 806 1,758 2,175 2,004 1,501 1,634 1,458 2,020 1,783 2,444 2,104 1,595 1,774 1,588 2,142 1,903 2,460 Mideast New York __ New Jersey. Pennsylvania Delaware _ Maryland District of Columbia 67, 981 31, 495 10, 928 18, 272 834 4,742 1,710 76,816 35, 425 12, 490 20, 543 1,008 5,556 1,794 83, 269 38, 738 13, 533 21, 775 1,122 6,178 1,923 24.84 11.56 4.04 6.50 .33 1.84 .57 1,883 1,964 2,043 1,696 2,133 1,703 2,198 2,095 2, 195 2,228 1,892 2,355 1,918 2,398 2,205 2,350 2,288 1,957 2,516 2,036 2,561 61,871 13, 873 16, 348 7,388 18, 466 5,796 68, 644 14, 780 18, 300 8,155 20, 883 6,526 73, 555 15, 570 19, 484 8,663 22, 590 7,248 21.94 4.65 5.81 2.58 6.74 2.16 1,864 1,915 1,850 1,707 2,023 1,589 2,004 1,957 2,032 1,815 2,215 1,728 2,067 2,006 2,063 1,875 2,291 1,858 22, 108 4,819 3,831 6,772 802 795 1,989 3,100 25, 087 5,430 4,595 7,375 840 1,001 2,406 3,440 26, 734 5,828 4,746 8,203 848 888 2,484 3,737 7.98 1.74 1.42 2.45 .25 .26 .74 1.12 1,488 1,513 1,426 1,597 1,261 1,166 ,456 ,506 1,650 1,638 1,672 1,719 1,310 1,438 1,716 1,630 1,743 1,717 1,717 1,903 1,331 1,285 1,759 1,759 42,902 5,025 2, 354 3,400 3,970 5,079 2,403 4,494 5,471 3,387 1,937 3, 595 1,787 48, 182 5,622 2,753 3,705 4,391 5,409 2,568 4,890 6,875 3,783 1,947 4,357 1,882 53, 757 6,198 2,760 4,029 4,813 6,150 2,867 5, 455 8,271 4, 105 2,321 4,630 2,158 16.04 1.85 .82 1.20 1.44 1.84 .86 1.63 2.47 1.22 .69 1.38 .64 ,203 ,431 ,234 ,164 .164 ,170 ,060 ,219 1,505 1,085 926 1,213 998 1,295 1,501 1, 459 1, 256 1,269 1,204 1,104 1,276 1,657 1,174 902 1,381 1,035 1,403 1,595 1,478 1,341 1, 365 1,349 1,213 1,393 1,766 1, 256 1, 067 1,411 1,204 18, 405 3,008 12, 893 1,039 1,465 21, 022 3,303 14, 706 1,239 1,774 23, 295 3,670 16, 040 1,488 2,097 6.96 1.10 4.79 .44 .63 1,451 1,370 1,475 1,304 1,542 1,577 1,444 1,611 1,471 1,663 1,675 1,584 1,696 1,623 1,720 5,941 1,041 826 507 2,449 1,118 6,945 1,140 958 573 2,969 1,305 7,548 1,174 1,048 623 3,267 1,436 2.25 .35 .31 .19 .43 .97 1,504 1,676 1, 356 1,599 1,528 1,398 1,655 1,725 1,483 1,763 1,722 1, 554 1,752 1,742 1,574 1,894 1, 856 1,632 34,243 4,631 2,750 495 26, 367 39,834 5,161 2,955 550 31, 168 45, 251 5,561 3,274 642 35, 774 13.51 1.66 .98 .19 10.68 1,919 1,776 1,621 2,071 1,982 2,083 1,906 1, 692 2,140 2,162 2,243 1,985 1, 850 2,343 2,334 NA 851 485 961 496 1, 167 .15 .35 1,633 2,175 1,710 2,275 1,935 State estimates of disposable income—personal income less personal tax and nontax payments are presented in table III for selected years 1955-59. The availability of individual income tax data from the Internal Revenue Service on an earlier schedule has made it feasible for the first time to prepare estimates of disposable income on as current a basis as those of total income. Heretofore a 2-year lag has been necessary. These figures represent the best measure of consumer purchasing power available on a geographic basis. They are intended primarily for use by market analysts and others concerned with the actual dollar volume of consumer purchasing power in the various geographic markets. Comparison of the percent distribution of total income in 1959 shown in table I with that of disposable income in table III indicates the close similarity between the two measures. The percentage share of the Nation's disposable income received by residents of the various States in 1959 differed from the share of personal income by less than 1 percent in 33 States, and by less than 2 percent in an additional 8 States. The largest differences were in Delaware and Mississippi—the States with highest and lowest average incomes. The share of disposable income received in Dela- Continental United States Great Lakes Michigan Ohio Indiana Illinois Wisconsin _ _- Plains Minnesota Iowa Missouri North Dakota South Dakota. Nebraska Kansas Southwest _ _ Oklahoma Texas New Mexico _ Arizona _ __ - _ _ _ _ Rocky Mountain Montana Idaho Wyoming Colorado Utah Alaska Hawaii _ _ _ Southeast Virginia West Virginia Kentucky Tennessee North Carolina South Carolina Georgia Florida _ Alabama Mississippi Louisiana _ Arkansas Far West Washington Oregon Nevada California _ _ __ _ _ ._ ___ _ _ _ Source: U.S. Department of Commerce, Office of Business Economics. SURVEY OF CURRENT BUSINESS 14 the second quarter of 1958, the pace of manufacturing activity in the Great Lakes, Mideast, and New England States paralleled that in the south and west, and in the second half of last year the upward movement in the industrial regions was blunted by the direct and Developments in 1959 indirect effects of the steel strike. The Numerous factors underlie individual pattern of these developments is clearly State variations in the rates of change evident from the accompanying chart. The course of factory activity in each in personal income from one year to individual region of this heterogeneous another. The brief review that follows industrial complex was fairly similar. covers some of the principal industrial Two differences may be pointed out. developments that affected State inThe decline was a little steeper and come movements last year. In that recovery a little faster in the Great connection, reference is made to table II Lakes where durable goods manufacwhich shows percent changes in income from major industries. In interpreting income changes from MANUFACTURING PAYROLLS During Recession, Recovery, and 1958 to 1959, two facts should be noted. The year 1958 was marked by both Steel Strike Periods Fluctuations Were Larger in Industrial Centers recession and recovery; and throughout the down phase of the business cycle, Index, 2nd Qtr. 1957=100 consumer incomes, though affected, 120 were well maintained. In the country Nonindustrial Regions as a whole and in all but five States, perPlains Rocky Mt. Southeast Far West sonal income, despite the recession, was 110 Southwest higher in 1958 than in 1957. The impact of recession, recovery, and further cyclical expansion is blurred in the 100 annual measures of personal income Industrial Regions presented in this report. New England ware was 6 percent lower than that of personal income. In Mississippi, the share of disposable income was 4/9 percent higher than the share of personal income. Manufacturing expands Earnings of persons engaged in manufacturing formed the most expansionary element of the economic advance in 1959. For the country as a whole, this industry accounted for $8 billion of the $23 billion rise in total income. In every region, an increased volume of factory earnings was the largest contributor to the upturn in individual income last year. In the heavily industrial Great Lakes States, nearly two-thirds of the total advance occurred in the manufacturing division. The 1957-58 recession had focused most directly on the manufacturing economy of the New England, Mideast, and Great Lakes Regions, with the last named bearing the brunt of the decline. Conversely, factory activity in the other five regions had been reduced least. Recovery rates in the industrialized sections of the country did not differ greatly from those in other areas. From the economic low point reached in August 19GO which stems from the presence of a strong secular growth trend. Two exceptions to relatively uniform regional expansion in factory payrolls in 1959 were the less-than-average increases in the Mideast and Southwest. The lag in the former was due to the particularly heavy impact of the steel strike on Pennsylvania's primary metals industry; in the Southwest it reflects the lack of a pickup in 1959 in two of that Region's most important types of manufacturing—nonautomotive transportation equipment and products of petroleum and coal. The following tabulation summarizes regional manufacturing expansion since 1957. Most noticeable is the net gain made by the less industrialized regions over the full course of the business cycle. State changes in manufacturing On a State basis, outstanding relative gains in manufacturing were scored in Florida and Arizona where the percentage increases in factory earnings from 1958 to 1959 were almost double that for the Nation. Although the volume of manufactures in these two States is still small, they rank among the top States in rate of postwar manufacturing growth. Smallest gains among individual 90 Mideast States from 1958 to 1959 were the 4 perGreat Lakes cent increases in individual incomes I 80 from manufacturing in Delaware, 1957 1958 1959 1960 Kansas, and Louisiana, and the 3 perQuarterly Totals, Seasonally Adjusted cent advance in Montana. In each, the Data: BES 8 BLS change mirrored developments (gen60-8-9 erally national in scope) in a single industry that dominated the State's tures are most heavily concentrated; industrial structure. In Delaware, it and in New England, there was no was chemicals; in Kansas, nonautostatistically measurable effect of the motive transportation equipment; in steel strike on the rate of recovery. Louisiana, products of petroleum and Growth in less industrialized areas coal; and in Montana, primary metals. As seen from the chart, factory payrolls in the south and west, showed Government income up Government payments to individuals small evidence of the recession. At their low point in 1958, they were with- were a major element bolstering conin 4 percent of their prerecession high sumer income and demand during the and by the end of that year had more down-phase of the production cycle than recovered all losses sustained in in 1957-58. In the recovery of last the cyclical downturn. The favorable year, payments from Federal sources experience of the manufacturing in- continued to rise but at a lesser rate dustry in the five southern and western than incomes from other sources. Unemployment insurance benefits, regions reflects the comparative absence of durable goods in their indus- which had increased by $2% billion in trial structure, plus the momentum 1958, declined under the stimulus of U. S. Department of Commerce, Office of Business Economics SURVEY OF CURRENT BUSINESS August I960 Percent Change in Manufacturing Wages and Salaries 195758 United States Industrialized regions _ New England M idcast Great Lakes. _ - ___ _ __ Nonindustrialized regions Plains Southeast SouthwestRocky Mountain.. Far West —5 7 195859 195759 10 5 10 2 -9 11 7 12 6 2 2 0 11 11 2 11 9 —2 2 11 7 12 13 11 5 15 13 —5 o o economic recovery. Disbursements dropped $1% billion in 1959. Secondly, Federal payrolls, both military and civilian, advanced 3 percent from 1958 to 1959, a rate approximately one-third as large as the increase in private nonfarm earnings under the impetus of cyclical recovery. In broad fashion, Federal payroll changes were comparatively uniform among States and regions and hence provided a fairly even and partial offset to the increased flow of earnings from private employment. Such differences as did occur were mainly random in terms of geographic pattern and involved the expansion or contraction of a specific Federal activity or installation. The decline in UI benefits was concentrated in the more industrialized States where the impact of the recession had been most severe. In Michigan, for example, UI benefits fell from a total of $375 million in 1958 to a little less than $150 million in 1959— and total income paid out by government declined 4 percent. Restricted by the drop in UI benefits, income from government rose least in the Great Lakes, New England, and Mideast States last year. In the other five regions, government payments to individuals were up a uniform 6 percent. Disbursements from State and local governments tended to conform roughly with the moderate gains that characterized most private nonfarm income sources. In States where the 1958-59 change in government income from nonFederal sources diverged appreciably from the national figure, the underlying factor was usually attributable to the expansion in educational payrolls. In 15 States, wages and salaries in public education in 1959 ranged between one-tenth and one-fifth larger than in 1958. An exception to the foregoing generalization w^as the 2-percent decline in income from State and local governments in West Virginia. This reduction reflected the contrast between the disbursement of $13 million in veterans' bonuses by the State in 1958 and the one-half million dollars disbursed in 1959. Other nonfarm industries The smallest advance in any major nonfarm income source last year was recorded in the mining industry. Out of the 11 States where mining constitutes a sizable proportion of aggregate income, there were declines in 6 and only small increases (2 percent) in 2 others. Wyoming was the sole large mineral-producing State to register a significant increase, and here a 13-percent advance in earnings of persons engaged in mining added considerable buoyancy to the total income flow. There were continued declines in mining in the important coal-producing States of West Virginia, Pennsylvania, and Kentucky. These three States supply about half the bituminous coal used by the manufacturing industry in New England, the Mideast, and Great Lakes Regions. Although part of last year's unfavorable experience was an indirect effect of the steel strike, the more basic factor is the secular decline that characterizes the course of earnings in the bituminous mining industry. Over the postwar period, earnings in this industry in Pennsylvania, West Virginia, and Kentucky declined from a billion and one-half dollars in 1948 to less than one billion in 1959. In most States, changes in income from trade and service and other distributive lines were in rough conformity with changes in the basic commodity-producing industries of the State. Outstanding relative gains in trade and service activities occurred in States where population growth has been exceptionally large and where tourist spending constitutes an aboveaverage source of income. Farm income declines Agriculture income—the sum of farm wages, supplementary labor income, 15 and the net income of farm proprietors—was the most volatile of the major income flows last year. This volatility in conjunction with wide regional variations in the importance of agriculture as an income source gave developments in this industry special weight in altering the geographic distribution of income in 1959. The influence of farm income is demonstrated by the fact that in eight of the nine States where personal income rose least (or actually declined) from 1958 to 1959 the experience is traceable directly to agriculture. Similarly, spurts of roughly one-fourth in income from farming provided primary impetus for the gains in overall income registered in two of the six States with top-ranking relative income gains last year. In the country as a whole, farm income, moving counter-cyclically for the second successive year, dipped oneeighth from 1958 to 1959. This was the only major industrial division of the economy to record a decline. In the main, the smaller net return to farmers reflected lower prices for farm products, rising production costs, and the elimination of the Acreage Reserve Program (which had paid $700 million to farmers in 1958) from the Soil Bank. Largely because of the geographic concentration of American agriculture by type of farming, the foregoing national developments had uneven effect on the total income flow. Farm income changes in individual States, as contrasted with the 13-percent national decline, ranged from advances of one-fourth in several important farm States to reductions of more than 50 percent. In nine States, the decline was one-fourth or more. On a regional basis, farm income exerted greatest influence in the Plains States. Here, nonfarm incomes rose 7 percent, a relative advance that matched that in the Nation. A fall off of more than one-fourth in farm income, however, held the overall income increase to 3 percent, lowest of the regional rates and only half the average for all States. In addition to a decline of more than $100 million in payments from Government and a general increase in production expenses, income from meat ani- SURVEY OF CURRENT BUSINESS 16 August 1960 PERSONAL INCOME IN ALASKA With the incorporation of estimates of personal income in Alaska into the tables of this report, OBE's series on the geographic distribution of income covers all of the 50 States and the District of Columbia. The basic table for Alaska, prepared after an extensive field survey, may be found on page 22. Highlights of the State's income structure are listed below. Personal income received by residents of Alaska in 1959 amounted to $556 million, an advance of 6 percent over the 1958 total of $527 million and a rate of gain the same as that for the Nation. Per capita income in the State amounted to $2,550 last year, one-fifth higher than the national average of $2,166, and ninth highest among all States. Individual income in Alaska in 1959 was three-fourths again as high as its 1950 total of mals fell in the Plains Region as hog prices declined below those in the previous year. Also, crop production was down substantially in the Dakotas and was off moderately in Kansas and Nebraska as wheat yields turned down in response to less favorable weather and a higher incidence of disease. In the Rocky Mountain States, second among the agricultural regions, smaller yields of wheat and barley in Montana and reduced cash receipts from most farm products in Wyoming limited the 1958-59 gain in total personal income to 5 percent, second lowest regional rate of growth in the country. In the Southeast, as elsewhere, a smaller volume of Government payments to farmers tended to reduce farm income in 1959. However, with the discontinuance of the Acreage Reserve Program of the Soil Bank, cotton acreage planted jumped more than one-fourth. With yields holding $319 million, a rate of growth moderately higher than the rise of more than two-thirds in the country as a whole. With rough allowance for the advance in consumer prices in Alaska since 1950, total purchasing power of individuals in real terms has risen about two-fifths over this period. Of Alaska's 1959 income total, $281 million, or one-half, was paid to residents by private industry; $239 million, or 43 percent, by the Federal Government; and $37 million, or 7 percent, by State and local governments. This information is taken from OBE's forthcoming report on Alaska's income structure and economy. Printed copies of the report which is now in press, will be available from the U.S. Government Printing Office and the U.S. Department of Commerce Field Offices, at the addresses listed on the inside of the front cover. close to the records set in 1958, the value of the cotton crop was up correspondingly. Most cotton-producing States shared in this favorable situation, but in a number, the rise simply limited the decline characterizing other types of farming. In Arkansas and Mississippi, in particular, the value of cotton lint and seed produced in 1959 added more than $100 million to gross farm income in each State, and both scored top-ranking advances in aggregate income. A State-by-State evaluation of the influence of changes in farm income on the overall income flow is best made through a comparison of the columns in table II showing 1958-59 changes in total and in nonfarm income. Technical Note This article serves to update through 1959 the tables in our bulletin, Personal Income By States Since 1929. In addi- tion, revisions of estimates previously published for the years 1957-58 are presented in detail, while estimates of total and per capita income in 1954-56 are reprinted for convenience of the users. Detailed breakdowns of aggregate income for those 3 years may be found in the August 1959 SURVEY OF CURRENT BUSINESS. This report, for the first time, covers all 50 States and the District of Columbia. However, figures for Alaska and Hawaii have not been included in the national totals. Table 3, which in previous reports showed Census Bureau estimates of population by States, has been omitted as that Bureau has not yet adjusted its provisional population estimates, published annually over the past decade, to take account of results now becoming available from the 1960 Census of Population. In order to derive estimates of per capita income that would reflect the most accurate population figures pres- August SURVEY OF CURRENT BUSINESS 1060 ently available, OBE undertook to adjust the Census Bureau's provisional State population figures to accord with the preliminary count obtained in the 1960 Census of Population. Differences between the two sets of data in 1960 were spread back over the preliminary series. The resulting State figures were used to derive the per capita income series shown in table 2. Because the revisions were of minor magnitude for most States, estimates of Table 1.—Personal Income, by States and Regions, 1954-59 Table 2.—Per Capita Personal Income, by States and Regions, 1954—59 Table 2 (dollars) Table 1 (millions of dollars) State and region 1954 1955 1956 1957 1958 1959 1954 1955 1956 1957 1958 1959 Continental United States. 285, 339 306, 598 330, 380 348, 724 357,542 380, 664 1,772 1, 869 1,979 2,052 2,069 2,166 23,301 1,642 1,105 645 11, 677 1,726 6,506 24, 728 1,713 1,200 694 12, 380 1,837 6,904 1,929 1,421 1,614 1,440 1,916 1,875 2, 354 2,065 1,561 1,712 1,512 2,062 1,986 2, 491 2,203 1,625 1,771 1,595 2,205 2,020 2,719 2,287 1,665 1,856 1,644 2,308 2,019 2,814 2,290 1,707 1,886 1,671 2,335 2,045 2,716 2,396 1,768 2,010 1,789 2,444 2,156 2,817 88, 586 41, 190 14, 205 23, 525 1,215 6,381 2,070 90, 223 42, 157 14, 442 23, 589 1,248 6,661 2,126 95, 896 45, 103 15, 429 24, 732 1,314 7, 108 2,210 2,057 2,167 2,218 1,818 2,449 1,931 2,294 2,160 2,277 2,309 1,922 2,683 1,959 2,503 2,311 2,428 2, 434 2,074 2,937 2,113 2,740 2,415 2,552 2,534 2,167 2,839 2,203 2,767 2,422 2, 586 2,496 2,142 2, 856 2,248 2, 850 2,540 2,736 2,608 2,222 2, 946 2,343 2,943 75, 341 16, 587 19, 901 8,859 22, 857 7,137 78, 469 16, 923 20, 906 9, 212 23, 941 7,487 78, 108 16, 581 20, 527 9,122 24, 230 7,648 83, 176 17, 493 21, 979 9, 712 25, 734 8,258 1,986 2,007 1,957 1,799 2, 193 1,717 2,116 2, 179 2,104 1,907 2,297 1,814 2,234 2,230 2, 236 2,004 2,470 1,920 2,291 2,241 2,321 2,051 2,540 1,982 2,230 2, 166 2,206 2,006 2,501 1, 993 2,337 2,253 2, 328 2,102 2,610 2,116 24, 683 5,450 4,260 7, 579 872 861 2,203 3,458 26,200 5,768 4,572 8,082 917 926 2,294 3,641 28, 099 6,173 5,110 8,310 939 1,091 2,638 3,838 29, 554 6,486 5,256 8,644 1,063 1,132 2,759 4,214 30,333 6,660 5,398 9,248 972 1,020 2,797 4,238 1,653 1,649 1, 705 1, 699 1, 245 1, 358 1,695 1,693 1,662 1,711 1,585 1,788 1,371 1,262 1, 613 1,680 1,738 1,770 1,680 1,894 1,437 1,334 1,643 1,734 1,848 1,862 1,860 1,937 1, 465 1, 568 1,882 1, 819 1,945 1,942 1,918 2,021 1,677 1,648 1,979 1,983 1,978 1,962 1,953 2,145 1, 526 1,476 1,981 1, 994 43, 148 5,256 2,414 3,627 4,056 5, 023 2 414 4,414 5,312 3, 258 1, 836 3, 756 1,782 47, 154 5, 603 2,586 3, 782 4, 347 5,535 2, 604 4,918 6, 088 3, 708 2, 065 3, 985 1,933 50,971 6,094 2,878 4,022 4,652 5,902 2 711 5,274 6,979 3,932 2,097 4,424 2,006 53,790 6, 386 3,082 4,203 4,864 5, 976 2,818 5, 432 7,763 4, 206 2,116 4,884 2,060 56, 027 6,660 2,960 4,336 5,028 6, 318 2,924 5,672 8,367 4,379 2,298 4, 933 2,152 59, 868 7,058 3,053 4, 548 5,362 6,771 3,148 6,081 9,273 4,607 2,528 5, 169 2,370 1,232 1, 529 1,253 1, 244 1,209 1, 193 1,082 1,211 1,547 1,060 878 1,292 996 1,323 1,596 1,356 1,295 1,274 1,275 1, 148 1,334 1,675 1,188 987 1,344 1, 079 1,402 1,677 1,522 1,383 1,356 1,335 1, 184 1,404 1, 796 1,244 981 1, 445 1,127 1,446 1, 705 1,633 1,425 1,405 1,330 1, 211 1,418 1,872 1,306 981 1, 548 1,133 1,487 1,748 1,576 1,456 1,441 1,406 1,247 1,471 1,882 1,355 1,070 1, 537 1,200 1,565 1,816 1,635 1,514 1,521 1,485 1,332 1, 553 1,980 1,409 1,162 1,575 1,322 Southwest O klahoma Texas New Mexico \rizona 19,136 3, 162 13, 391 1,088 1,495 20,513 3, 341 14, 380 1, 159 1,633 22, 105 3,572 15,422 1,257 1,854 23, 697 3, 730 16, 556 1, 401 2,010 24,839 3,954 17, 129 1,554 2,202 26 248 4,138 18,041 1,681 2,388 1,555 1,462 1,585 1,402 1,621 1,617 1,522 1,645 1, 454 1,719 1,704 1,588 1,731 1, 550 1,841 1,778 1,630 1,813 1,664 1,884 1,825 1,728 1,847 1,748 1,893 1,887 1,786 1, 908 1,833 1,959 Rocky Mountain Montana Idaho "Wyoming Colorado Utah 6,174 1, 071 880 537 2 543 1,143 6,670 1, 158 917 570 2,783 1,242 7,285 1,229 1,024 614 3,064 1, 354 7,830 1, 280 1,072 650 3, 367 1,461 8,169 1,342 1,127 676 3, 508 1,516 8,575 1,318 1,187 707 3,737 1,626 1,623 1,750 1,484 1,784 1,656 1,498 1,689 1,865 1,506 1,798 1,736 1,552 1,779 1,908 1,638 1,907 1,824 1,641 1,866 1,936 1,659 2,000 1,953 1,739 1,934 2,024 1,723 2,086 2,034 1,767 1,990 1,955 1,782 2,149 2,123 1,848 35,815 4, 956 2,919 508 27, 432 39, 156 5,211 3,139 582 30, 224 42, 778 5, 502 3, 398 605 33, 273 45, 460 5,832 3,400 646 35, 582 47,321 5,977 3,528 685 37, 131 51, 740 6,363 3,842 752 40, 783 2,077 1,967 1,762 2, 363 2,135 2,194 1,999 1,850 2, 435 2,272 2,308 2,068 1,959 2,420 2,395 2,377 2,154 1,947 2,514 2,469 2, 407 2,173 2,017 2,575 2,493 2,565 2,271 2,171 2,745 2,661 493 893 500 952 548 1,024 537 1,098 527 1,158 556 1,290 2,282 1,797 2,294 1,827 2,502 1,903 2,408 1,954 2,486 1,979 2,550 2, 139 New England Maine - __ New Hampshire Vermont Massachusetts Rhode Island Connecticut - 18, 857 1,312 894 543 9,403 1,515 5,190 20,200 1,452 952 567 10, 056 1, 617 5,556 21,642 1,532 1,006 606 10, 719 1,677 6,102 22, 793 1,590 1,071 628 11,346 1,694 6,464 Mideast New York New Jersey Pennsylvania Delaware Maryland District of Columbia.-. 73,231 34, 189 11, 622 19, 572 906 5,084 1,858 78, 014 36, 508 12, 351 20, 706 1, 049 5,453 1,947 84, 058 39, 023 13, 379 22, 410 1,204 5, 998 2,044 Great Lakes Michigan Ohio Indiana Illinois Wisconsin 64, 894 14, 127 17, 241 7,623 19, 751 6,152 70, 208 15, 785 18, 589 8,251 20, 968 6,615 - 24, 084 5,154 4, 489 7,055 783 910 __ __ 2,259 3,434 Plains M irmesota Iowa M issouri North Dakota South Dakota Nebraska Kansas _ Southeast __ Virginia West Virginia. __ _ Kentucky Tennessee North Carolina Gteorgia Florida Alabama Mississippi Louisiana Arkansas - - Far West Washington Oregon Nevada.. California _ Alaska Hawaii 55S602 ° — 60 3 17 per capita income have not been revised for 3'ears prior to 1954. 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 U.S. 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 1957 and 1958 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 1957 and 1958 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. Kevisions 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-incorne 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. Tables 4-27.—Personal Income [Millions of dollars] Line Table 4.— Continental United States Item 1957 1 2 3 Personal Income _. _ 20 21 22 23 24 25 26 27 28 29 30 31 Wage and salary disbursements Farms MiningAnthracite 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 arid 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 - 32 Other labor income. _ 33 34 35 Proprietors' income Farm Nonfarni 36 37 38 Less: Personal contributions for social insurance - 4a 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 1958 Table 5.— New England Table 6.— Maine 1959 1957 1958 1959 1957 Table 7.— New Hampshire Table 8. — Vermont 1958 1959 1957 1958 1959 1,200 1957 1958 1959 348, 724 357, 542 380, 664 22, 793 23, 301 24, 728 1,590 1,642 1,713 1,071 1,105 628 645 694 i 235, 884 2, 749 4,237 126 1,182 1,774 1, 155 14, 046 80, 644 42, 301 10, 217 4, 142 6, 075 13, 916 6, 055 3,877 3, 984 7,186 4,049 236, 933 2, 838 3, 774 98 942 1,691 1, 043 14, 058 76, 701 43, 063 10. 880 4,448 6, 432 13, 362 5, 560 3,924 3,878 7,397 4,052 255, 617 2,880 3,834 83 926 1, 758 1, 067 15, 195 84, 723 46, 266 11. 741 4,886 6, 855 14, 184 5,597 4, 468 4,119 7,746 4,224 15, 694 114 29 15, 740 108 26 16, 988 106 26 1, 034 23 2 1,035 24 1 1,115 24 1 716 8 1 736 7 1 811 6 1 399 20 6 401 15 6 438 ' 16 ; 5 3 25 861 6, 569 2.635 768 268 500 559 192 218 149 468 273 1 25 821 6 272 2^675 820 286 534 546 175 218 152 478 268 1 26 870 6.948 2,837 872 310 563 567 166 239 162 495 274 2 55 387 179 33 14 19 52 29 15 8 32 18 1 54 368 173 34 15 19 50 27 15 8 33 18 1 66 396 187 36 16 21 52 26 17 9 35 19 1 39 306 105 26 9 17 25 11 10 4 23 13 1 39 301 105 27 10 18 24 9 10 4 25 13 1 42 340 113 30 10 19 24 8 11 5 25 13 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 3,137 22, 542 1,327 5,811 3,738 1,713 9, 953 37, 484 10, 712 7,378 19, 394 562 3,345 23, 801 1,345 6, 039 3,917 1,770 10, 730 40, 486 11,641 7,482 21, 363 573 3,522 25, 748 1,442 6.228 4,461 1,903 11,714 42, 703 11,979 7,737 22, 987 597 196 1,510 77 368 196 70 800 2 122 '533 437 1,152 59 210 1,632 78 386 215 74 879 2, 303 580 466 1, 256 59 221 1,766 82 396 256 14 77 9 24 4 3 37 186 49 59 78 8 15 81 8 26 4 3 40 208 54 64 90 8 15 88 9 27 4 3 45 222 60 65 97 8 11 65 8 15 3 4 36 116 36 27 53 1 12 70 8 16 3 5 38 136 40 33 62 1 12 76 8 16 5 5 42 152 46 40 65 1 (2) (2) 956 2,441 606 484 1,351 60 5 42 5 11 2 1 24 57 15 8 35 1 6 46 5 11 1 2 26 67 16 9 42 1 5 28 146 ; 71 17 7 10 24 15 7 2 13 7 2 28 70 16 8 46 1 1 9,388 10, 136 557 584 636 30 32 34 24 25 27 14 15 17 46, 357 14,017 32, 340 46, 499 11,826 34, 673 1,950 185 1,765 1,961 216 1,745 1,997 146 1, 852 210 49 161 230 72 158 198 30 168 113 17 96 112 17 95 116 14 101 89 27 62 94 30 64 95 24 71 Property income 44, 110 45, 381 49, 226 3,356 3,468 3,618 216 224 244 155 160 176 86 88 96 Transfer payments 21,837 26,314 26, 992 1,646 1,965 1,976 130 151 156 82 92 94 52 59 61 6,703 6,830 7,804 410 416 486 30 31 34 19 19 22 12 12 14 _ _ i 6 : 11 i 9,140 _ 1 6 \ 48 ' 44, 457 11, 780 32, 677 - : i i Notes for tables 4-62a: 1. Data for 1929-53 are published in Personal Income by States Since 1929, A Supplement to the Survey of Current Business; for 1954-56 in August 1959 Survey. 2. Less than $500,000. NOTE.—Detail will not add to totals due to rounding. [Millions of dollars] Table 17.— Maryland Table 16.— Delaware Line 1 2 3 4 5 6 Personal Income _ 20 21 22 23 24 25 26 27 28 29 30 31 Wage and salary disbursements _ Farms Mining Bituminous and other soft coal mining Crude petroleum and natural gas Mining and quarrying, except fuel Contract construction. .. _ . Manufacturing __ _ _ Wholesale and retail trade Finance insurance, and real estate Banking and other 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 32 33 34 35 36 Property income 8 9 10 11 12 13 14 15 16 17 18 19 Table 18.— District of Columbia Table 19.— Great Lakes Table 20.— Michigan Item 1957 1958 1,215 1,248 769 8 (2) 780 10 (2) ( 22) () 61 365 97 24 12 12 39 19 9 11 16 9 (2) (2) (2) (2) 1957 1958 1959 1957 1958 1959 1957 1958 1959 1957 1958 1959 1,314 6, 381 6,661 7,108 2,070 2,126 2,210 78, 469 78, 108 83, 176 16, 923 16, 581 17, 493 815 10 (2) 4,820 31 12 2 (2) 10 299 1,251 800 206 74 132 258 107 70 81 148 78 5,153 29 12 1, 352 1, 383 1,422 63 372 105 28 14 14 42 17 11 14 17 8 4,673 33 12 2 (2) 10 317 1,300 757 188 68 120 273 117 67 89 138 74 42 41 187 46 15 31 58 31 20 36 23 44 39 171 44 15 29 55 31 6 18 33 20 49 40 170 47 16 31 53 28 6 18 31 19 55, 118 317 447 165 90 192 3,193 25, 155 9,219 1,950 783 1,167 2.979 1.445 1.040 494 1, 505 773 53, 145 313 407 145 90 172 3,029 22, 836 9.092 2,044 832 1,212 2,809 1,294 1.022 493 1,540 768 57, 791 308 426 154 92 179 3,133 25, 659 9,768 2,162 885 1,277 3,057 1,320 1,189 548 1,617 804 12, 047 60 99 1 9 89 596 6,126 1, 838 331 143 188 436 158 208 70 343 165 11,256 64 80 1 10 70 523 5,358 1,749 344 152 192 398 139 190 70 346 162 12, 194 67 83 1 11 71 563 5,974 1,884 360 160 200 443 141 224 78 359 169 64 440 19 140 56 27 199 1. 199 590 272 331 16 70 488 20 153 62 30 223 1,311 672 257 382 16 73 538 23 157 74 33 251 1, 395 714 271 410 16 13 207 13 60 20 6 108 731 589 72 70 5 12 206 12 62 19 5 107 789 632 78 78 4 12 206 12 63 22 5 105 822 658 83 81 4 732 4,372 225 1,004 756 272 2,115 5,909 1,358 574 3,976 74 772 4, 509 220 997 749 275 2,269 6,494 1,466 591 4, 437 73 813 4,811 232 1,022 820 285 2, 452 6,773 1, 489 622 4, 661 78 177 918 36 213 153 57 461 1, 291 188 99 1,005 9 184 912 34 203 146 55 475 1,472 220 103 1,149 9 190 969 36 206 160 56 511 1,482 224 109 1,149 10 1959 58 358 97 26 13 13 39 16 10 13 17 9 (2)" 11 336 1, 309 862 222 80 142 279 120 76 83 154 81 63 2 23 8 4 26 94 17 32 46 2 8 69 2 25 10 4 28 103 18 32 53 1 9 72 3 25 10 5 30 104 18 31 54 2 Other labor incoms 39 42 44 144 151 168 27 27 29 2,513 2,547 2,708 650 676 Proprietors' income Farm \ T onfarni 88 16 72 95 24 71 98 23 75 580 49 531 604 86 518 622 63 559 165 166 179 165 166 179 8, 865 2.154 6,711 8,917 2, 424 6,493 8,790 1,932 6,858 1,689 267 1,422 1,677 341 1,336 1,678 265 ; 1,413 289 292 318 785 811 882 382 390 417 9,070 9,358 10, 126 1,882 1,952 2,103 37 Transfer payments 46 56 57 345 429 457 213 233 246 4,283 5,495 5,347 932 1,285 1,140 38 Less : Personal contributions for social insurance 16 16 19 147 153 174 69 74 83 1,380 1,353 1,584 276 264 310 18 - 688 by Major Sources, 1957-59l Table 9.— Massachusetts | ! [Millions of dollars] Table 10.— Rhode Island Table 11.— Connecticut 1957 1958 1959 1957 1958 1959 1957 1958 11,346 11,677 12,380 1,694 1,726 7,796 32 14 7,911 31 12 8, 523 30 11 1,178 3 1 1,186 2 1 1,837 6, 464 6,506 1,278 3 1 4,571 28 6 4,471 27 5 3 10 378 3,043 1,403 399 151 247 292 92 112 88 245 151 1 10 367 2, 976 1,436 429 162 267 285 82 115 88 246 144 1 11 396 3,288 1, 514 454 174 280 296 77 124 95 253 145 (2) (2) (2) 94 829 37 184 123 35 450 1,130 304 200 626 32 102 908 38 195 141 37 497 1,189 330 204 656 32 108 993 40 200 172 38 543 1,254 340 206 709 32 283 296 323 41 43 47 165 173 858 40 818 851 39 812 896 29 867 126 6 120 126 8 119 129 6 123 554 46 508 547 51 496 1,701 1,747 1,785 237 243 264 960 1,005 1,054 913 1,079 1,101 150 166 163 320 417 401 206 208 247 38 39 44 105 108 125 Table 12.— Mideast Table 13.— New York Table 14. — New Jersey 1957 1958 1959 1957 6,904 88, 586 90, 223 95, 896 41,190 4,823 28 6 62, 020 290 453 98 201 29 125 3, 263 21, 120 11, 530 3,501 1,488 2,014 3,417 1,159 898 1, 360 2,010 1, 162 66, 002 282 432 83 191 30 129 3,549 22, 676 12, 128 3,736 1,627 2,108 3,587 1,174 990 1,422 2,068 1,182 28, 490 113 69 1 8 60 1,433 8,972 5,939 1,994 881 1,113 1,588 418 339 831 982 672 1 8 55 1, 463 8, 634 6,128 2,132 961 1,170 1,518 379 337 803 989 659 1 9 57 1, 606 9,249 6,452 2,290 1,064 1, 226 1,594 379 370 846 1,015 669 26 588 4,403 1,640 439 151 288 569 157 203 208 302 164 22 553 4,222 1,655 459 159 300 566 146 208 213 311 162 310 3,562 235 794 859 310 1,363 3,789 893 281 2,615 49 330 3,768 238 840 886 328 1, 476 3,933 959 282 2,692 50 346 4,046 248 878 966 346 1,607 4,232 964 308 2,961 52 137 956 42 250 251 56 356 1,138 283 188 666 17 150 1,010 43 250 269 58 390 1,276 312 215 748 16 1959 1958 Table 15.— Pennsylvania 1959 1957 1958 1959 1957 1958 42, 157 45, 103 14,205 14, 442 15, 429 23, 525 23, 589 24, 732 28, 803 126 64 30, 728 124 67 10, 124 46 26 10, 140 49 23 10, 935 47 23 (2) (2) 23 616 4,591 1,780 483 170 313 598 141 234 223 323 166 16, 586 76 440 126 253 2^ 39 861 7, 239 2,624 598 247 351 1,079 562 269 248 499 237 16, 093 75 355 98 199 21 38 846 6, 616 2,680 635 267 368 980 481 268 232 512 235 16, 949 72 330 83 18S 20 38 879 7, 115 2, 759 666 283 382 1,021 489 294 238 527 238 157 1,117 47 256 308 62 443 1,341 324 224 792 17 262 1,374 68 347 181 68 711 1,772 625 150 997 23 277 1, 463 68 364 188 71 773 1,909 677 149 1,084 22 290 1,570 73 360 227 75 829 1, 986 689 152 1,145 24 1959 1 1 1 55 473 190 51 18 33 37 9 18 11 35 17 58 445 195 53 19 35 37 8 18 11 36 17 60 496 205 57 20 37 39 8 19 12 38 18 6 312 2,219 695 246 70 176 130 36 57 36 121 68 5 281 2,055 702 260 74 186 127 33 55 39 126 69 6 278 2,280 747 279 82 197 132 33 60 39 132 70 61, 994 277 547 126 256 30 135 3,302 22, 319 11,245 3,290 1,374 1,916 3,606 1, 304 895 1,407 1,971 1,178 18 95 3 26 10 6 50 234 61 93 80 3 19 103 4 28 10 6 55 254 65 103 86 3 19 109 4 28 11 6 60 268 68 103 97 3 54 401 15 107 54 20 204 399 68 50 281 14 57 425 15 111 55 21 222 449 75 54 320 14 61 452 16 113 63 22 238 475 77 61 337 15 793 6,602 380 1,615 1,374 470 2,763 8,722 3,003 995 4,725 111 847 7,004 383 1,694 1,435 496 2,996 9,321 3,270 1,013 5,038 109 886 7,549 406 1,747 1,606 526 3,265 9,880 3,367 1,069 5,444 115 188 2,457 2,464 2,670 1,026 1,053 1,138 434 446 491 786 746 800 563 41 522 8,011 596 7,415 8,114 784 7,330 8,516 621 7,895 3,812 264 3,548 3,795 276 3,519 4,099 234 3,864 1,373 82 1,291 1,365 96 1,269 1,413 73 1,340 1,992 185 1,808 2,088 302 1,787 2,105 227 1,878 12, 465 12, 787 13, 908 6,247 6,400 7,004 1, 733 1,781 1,928 3,028 3,112 3,359 5,456 6,647 6,805 2,465 2,974 3,064 806 972 966 1,581 1,983 2,015 1,797 1,808 2,005 851 868 930 265 263 303 449 434 496 [Millions of dollars] Table 23.—Illinois Table 22.—Indiana Table 21.— Ohio 1959 9,212 9,122 9,712 23,941 6,440 49 52 27 8 17 364 3,114 1,027 207 89 118 369 208 124 37 165 82 6,184 43 49 24 7 18 357 2,849 1,009 218 94 123 340 181 124 35 174 82 6,769 42 53 25 9 19 344 3,231 1,083 235 100 135 368 185 145 39 185 88 16, 802 16, 640 83 89 161 156 74 68 54 55 35 33 1,067 1,053 6,122 6,568 3, 141 3, 165 821 783 294 313 488 508 1,060 1, 093 525 566 354 351 176 181 490 496 272 268 17, 947 87 161 72 53 36 1,104 6,778 3,398 862 334 528 1,146 538 403 205 517 275 219 1,607 97 325 336 96 753 1,801 457 238 1,105 22 241 1,782 102 336 370 103 872 2,089 500 249 1,340 24 1958 1959 1957 20, 906 20, 527 21,979 14, 928 59 114 64 18 32 897 7,104 2,400 462 191 271 852 408 270 174 368 187 14, 152 15, 480 56 j 54 103 111 52 56 20 20 31 34 795 810 6, 352 7,231 2, 349 2,511 486 518 203 216 302 283 782 849 350 357 204 311 181 168 381 404 188 201 182 1,077 51 277 175 76 499 1,571 467 138 966 24 192 1,122 50 275 172 77 548 1,702 495 148 1, 060 23 203 1,196 53 282 183 81 598 1,771 496 155 1,120 25 1957 1958 1957 83 400 20 110 45 24 201 682 155 55 471 13 91 409 20 109 45 23 212 724 162 1 55 508 11 97 438 21 111 52 23 230 779 167 62 550 12 1958 1959 24, 230 25, 734 227 1,674 96 330 337 98 813 1,967 489 240 1,238 22 Table 24.— Wisconsin Table 25.— Plains Table 26.— Minnesota 1958 1959 1957 1958 6, 173 6,486 6,660 5,110 5,256 5,398 3,886 53 115 3,975 55 92 4,214 59 86 2,543 69 13 2 2,658 68 16 2 2,912 70 15 o (2) 92 275 1,060 845 198 87 110 309 178 67 64 124 64 (2) 86 297 1,158 883 206 92 114 330 180 72 78 131 65 (2) 115 272 1,077 822 186 81 104 321 197 65 59 116 60 56 376 22 69 47 18 221 541 110 39 392 8 60 398 22 72 50 19 235 612 124 39 448 9 66 410 23 68 54 19 246 646 127 42 477 10 1957 1958 1959 7,487 7,648 8,258 28, 099 29,554 30, 333 4,902 67 20 4,914 60 18 5,401 58 18 (2) 20 283 2,243 813 167 65 102 229 106 86 37 138 66 18 287 2,154 819 175 69 106 229 99 91 39 144 67 18 311 2,446 892 187 75 112 251 100 106 44 152 71 16, 496 16, 993 18, 258 304 325 323 283 258 254 11 10 10 90 88 90 182 160 154 1,024 1,093 1,223 4, 569 4,503 4,986 3,427 3,528 3,760 751 797 851 324 345 371 451 428 480 1, 342 1,373 1, 429 768 818 786 332 350 396 224 247 223 592 565 627 298 305 324 72 370 21 80 47 20 202 565 92 44 430 7 77 392 21 81 49 21 221 628 100 46 482 7 81 427 22 86 55 22 242 652 102 48 503 7 1957 268 1,539 85 345 182 82 845 2,630 637 419 1, 575 30 1958 287 1,626 86 357 194 84 906 2,897 708 449 1,739 32 1959 303 1,730 91 358 212 88 982 3,039 721 479 1,838 35 Table 27.—Iowa 1957 (2) 1959 (2) 12 150 776 536 114 48 66 105 105 45 15 94 48 14 162 789 555 121 51 70 165 101 49 15 100 49 13 188 915 597 130 55 76 174 104 55 15 106 52 46 232 11 55 23 12 131 385 82 25 278 8 51 249 11 56 26 12 144 425 88 26 311 9 53 266 12 58 28 13 156 441 92 26 323 10 694 681 736 320 320 342 648 658 713 202 213 228 578 611 657 132 144 155 89 95 104 2,057 336 1,721 2,057 415 1, 642 2,065 324 1, 741 1,187 403 784 1,205 443 762 1,142 339 803 2,796 728 2, 068 2,839 796 2,043 2,725 575 2,150 1,136 420 716 1,140 430 710 1,180 429 751 6,236 3,148 3,088 6,809 3,716 3,092 5,908 2,618 3,291 1,124 479 645 1,224 584 640 1,088 422 666 1,604 1,007 597 1,571 971 600 1,367 725 642 2,463 2,539 2,740 905 938 1,016 2,892 2,968 3, 223 928 960 1,043 3,477 3,569 3,891 739 763 827 642 662 725 1,156 1,479 1,396 517 632 622 1, 230 1,550 1,632 448 550 557 1,818 2,097 2,220 408 498 507 313 354 387 392 380 438 158 157 179 426 424 506 128 128 151 506 524 600 116 118 131 81 83 97 ! 19 Tables 28-53.—Personal Income [Millions of dollars] Line 1 2 3 4 5 6 7 Table 28.— Missouri Item 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 29.— North Dakota Table 30.— South Dakota 1957 1958 1959 1957 1958 1959 1957 1958 1W9 972 1,091 1,132 1,020 2,638 2,759 2,797 3,838 4,214 4,238 539 32 12 2 9 1 480 26 12 512 24 12 549 22 12 1,360 41 10 1,419 44 10 1,549 46 12 12 12 (2) 12 6 4 6 4 7 5 2,350 36 86 2 75 8 2,402 43 81 2 71 8 2,513 41 83 2 72 9 57 27 138 21 10 11 39 48 113 19 10 9 41 52 118 20 11 9 50 60 127 22 12 10 82 250 294 81 30 51 90 254 305 86 33 54 108 283 330 93 35 58 139 624 402 78 39 38 160 590 418 83 42 41 169 612 449 89 46 43 46 36 8 3 48 36 9 3 24 14 8 2 27 13 11 2 30 13 14 3 138 91 32 14 137 89 34 14 146 90 38 18 222 154 37 31 205 147 38 19 216 154 43 20 1957 1958 1959 8,310 8,644 9,248 939 1,063 5,411 51 38 6 1 31 5,527 57 35 5 1 29 5,982 53 35 5 1 29 466 30 10 2 8 (2) 500 34 12 2 9 1 297 1,771 1,136 256 105 151 315 1,732 1, 158 270 111 159 355 1,931 1,237 290 120 170 46 24 123 17 9 8 50 25 130 19 10 9 454 218 138 99 454 204 143 107 485 209 166 111 50 39 8 3 1958 1957 Table 32.— Kansas Table 31.— Nebraska 1959 (2) 8 9 10 11 12 13 Contract construction Manufacturing _ Wholesale and retail trade Finance, insurance, and real estate Banking and other finance Insurance and real estate 14 15 16 17 Transportation Railroads Highway freight and warehousing Other transportation 18 19 191 198 211 18 18 20 18 20 21 45 48 51 83 84 88 20 Communications and public utilities Telephone, telegraph, and other communications Electric, gas, and other public utilities 100 91 102 96 110 101 10 9 9 9 10 10 10 8 10 10 11 10 33 12 34 14 36 15 37 46 38 47 40 48 21 22 23 24 25 23 Services Hotels and other lodging places Personal services and private households Business and repair services Amusement and recreation Professional, social, and related services 510 29 122 75 30 254 535 30 126 78 29 272 573 32 129 87 32 294 48 3 9 2 2 32 54 3 10 3 2 35 59 3 10 4 2 40 48 3 10 2 3 30 50 3 10 3 3 32 54 3 10 2 3 35 134 8 29 15 8 74 141 8 30 15 8 80 152 9 30 17 8 88 189 8 52 17 10 102 200 8 53 19 11 109 216 8 54 21 11 122 27 28 29 30 Government Federal, civilian Federal, military State and local _ . 700 204 122 375 765 237 133 395 804 242 142 420 99 26 8 65 112 26 8 78 124 29 15 81 132 37 25 70 147 40 29 78 151 42 31 79 283 73 53 157 301 76 60 165 327 78 68 180 489 105 146 238 535 117 153 265 545 112 156 278 31 Other industries __ _. _ _ Other labor income Proprietors' income Farm Nonfarm _ 36 Property income 37 Transfer payments 38 Less: Personal contributions for social insurance _ _ _ _ _ _ _ . _ _ __ (2) 7 7 8 1 1 1 1 1 3 3 3 3 3 4 198 1,285 439 846 207 1,398 553 845 222 1, 433 529 904 16 306 196 110 16 386 273 113 17 242 120 121 14 427 299 128 15 424 297 127 17 258 120 138 41 786 496 291 44 819 527 293 47 684 368 317 88 702 232 471 90 985 510 475 96 837 334 503 1,002 1,027 1,113 103 106 118 122 125 138 346 354 390 523 532 580 564 648 684 66 72 77 68 77 85 152 170 184 247 278 297 151 162 184 18 18 20 20 22 26 47 47 57 72 73 84 - 32 33 34 35 [Millions of dollars] 1 2 3 4 5 6 7 Table 41.— Florida Item Line Personal Income Wage and salary disbursements Farms _ _.. _ Mining _ _ Bituminous and other soft coal mining Crude petroleum and natural gas Mining and quarrying, except fuel 1957 1958 1959 7,763 8,367 4,717 103 36 5,107 97 36 2 34 2 34 488 606 1,062 260 90 171 Table 44.— Louisiana Table 43.— Mississippi Table 42.— Alabama 1958 1959 1957 1958 1959 4,884 4,933 5,169 2,060 2,152 2,370 3,285 46 264 3,264 47 247 3,381 52 262 245 18 228 18 243 19 1,205 61 30 2 15 13 1,249 71 26 2 14 10 1,332 71 26 2 14 10 87 388 244 55 26 29 286 652 589 121 53 68 276 627 601 130 57 74 260 649 638 140 60 80 65 280 212 39 18 22 64 292 219 43 19 24 68 338 238 48 21 26 64 32 21 10 255 81 44 130 238 77 44 118 246 76 48 122 92 63 21 8 90 60 22 8 95 61 26 8 1957 1959 1957 1958 1959 4,379 4,607 2,116 2,298 2,528 2,909 29 60 37 2 21 3,112 32 62 40 2 20 1,256 48 22 1,353 48 23 1,463 46 29 19 2 20 3 26 3 172 940 435 111 38 74 157 906 448 121 40 81 166 968 489 134 44 90 62 326 215 44 20 24 81 363 222 49 22 26 152 75 36 41 145 69 38 38 146 65 44 37 63 34 19 10 60 31 19 9 1957 1958 9,273 4,206 5,619 103 38 2 36 2,876 32 72 46 1 25 528 666 1,156 295 102 193 578 796 1,276 338 119 219 299 99 50 151 300 93 54 152 327 93 63 171 Table 45.— Arkansas 8 9 10 11 12 13 Contract construction Manufacturing _ Wholesale and retail trade Finance insurance and real estate Banking and other finance. Insurance and real estate 14 15 16 17 Transportation Railroads Highway freight and warehousing Other transportation. 18 19 139 142 158 78 84 92 46 48 51 115 119 126 45 46 50 20 Communications and public utilities Telephone, telegraph, and other communications Electric gas, and other public utilities _ 87 52 92 50 101 57 39 40 40 45 43 49 22 24 22 26 24 28 52 63 52 67 55 71 20 25 20 27 21 28 21 22 23 24 25 26 Services Hotels and other lodging places Personal services and private households Business and repair services _ ._ __ Amusement and recreation _ Professional, social, and related services 661 92 222 92 43 213 712 95 242 102 46 227 767 101 252 99 51 265 239 9 105 35 8 83 262 9 109 46 8 91 284 10 110 55 9 101 127 7 59 10 4 47 132 8 59 11 4 50 141 8 61 13 4 55 332 17 116 46 17 136 343 18 119 44 17 145 360 19 120 48 17 156 105 7 39 10 5 44 114 8 42 11 6 48 122 8 43 12 6 53 27 28 29 30 Government Federal, civilian Federal, military State and local 1,029 234 360 436 1,144 253 367 524 1,205 263 362 579 640 268 114 258 691 302 120 269 735 318 118 299 297 81 71 145 322 80 77 165 352 82 93 177 617 109 149 358 626 118 138 369 637 115 121 402 271 67 86 118 279 71 71 137 273 70 57 145 - __ _ . - 31 Other industries 33 32 31 4 4 4 6 6 6 9 10 10 4 5 5 32 Other labor income 119 138 154 110 114 124 45 50 54 141 146 156 46 49 54 33 34 35 Proprietors' income Farm Nonfarm 1,212 297 915 1,276 323 952 1,449 417 1,032 626 202 424 702 285 417 687 240 447 474 209 265 521 247 274 612 316 296 635 150 485 647 166 482 689 187 502 428 226 202 441 239 202 540 327 214 36 Property income 1,266 1,304 1,452 361 375 406 200 205 223 548 560 606 221 227 252 583 683 763 325 372 381 187 215 229 361 402 432 197 225 237 133 141 164 92 92 104 45 46 53 86 86 95 37 40 45 _ _ __ . __ _ 37 38 Less: Personal contributions for social insurance 20 by Major Sources, 1957-59 Table 33.— Southeast [Millions of dollars] Table 34.— Virginia Table 35.— West Virginia Table 36.— Kentucky Table 37.— Tennessee 1957 1958 1959 7,058 3,082 2, 960 3,053 12 5,164 61 70 58 (3) 12 2,176 11 449 431 14 4 1,986 11 336 318 15 3 2,068 2,717 2,717 2,900 10 37 38 37 154 326 176 150 307 151 128 120 15 16 17 19 11 9 9 3 1957 1958 1959 1957 1958 53, 790 56, 027 59, 968 6,386 6,660 39, 458 4,708 647 55 78 1,031 65 538 (2) 321 12 172 4,818 61 68 56 35, 849 36, 579 622 623 1,190 1, 012 550 707 314 300 162 174 (2) 19.19 1957 4,203 1958 1959 1957 1958 4, 336 4, 548 4,864 5,028 3,248 3,288 37 37 31 27 12 10 1959 Table 38.— North Carolina Table 39.— South Carolina Table 40.— Georgia 1958 1959 5,432 5,672 6,081 1,948 1,992 2,181 3,757 42 41 41 61 4 4 5 20 3,836 56 19 4,200 60 22 1957 1958 1959 1957 1958 1959 1957 5,362 5,976 6,318 6,771 2,818 2,924 3,148 3,563 3,956 90 14 4,061 87 12 4,476 90 12 41 29 10 18 17 18 14 12 12 4 4 5 20 19 (2) 22 (2) 2,247 9, G55 6, 230 1, 397 532 865 2, 267 9, 632 6, 394 1, 512 575 937 2,446 10, 710 6,942 1,678 651 1,027 271 984 718 173 60 113 272 980 740 184 65 119 296 1,079 '808 199 70 129 135 626 293 51 20 31 97 594 286 53 21 32 95 646 295 56 22 33 151 803 448 85 39 46 150 786 451 87 39 48 175 869 483 93 42 51 161 1,119 624 134 51 83 158 1,112 602 143 54 89 182 1,235 649 155 58 97 183 1,484 651 138 56 82 187 1,494 663 148 60 88 220 1,697 730 162 66 95 95 732 275 71 24 47 105 724 280 77 26 51 111 819 301 85 28 56 178 1, 104 709 168 63 105 192 1, 086 727 181 69 112 211 1, 226 789 215 94 121 2, 222 1, 068 550 604 2, 153 990 575 588 2,248 952 659 637 317 157 61 99 305 142 65 99 315 133 74 107 161 117 26 18 138 96 25 17 143 96 28 19 205 133 43 29 190 118 42 29 184 107 48 29 194 96 70 29 192 92 72 28 200 87 82 31 196 73 93 29 201 72 101 28 215 68 117 30 63 30 22 12 65 30 24 12 66 27 27 13 224 110 65 48 228 109 69 50 246 107 82 58 1,026 1,072 1,149 118 125 132 87 93 97 81 85 89 72 73 77 91 95 105 43 47 48 110 114 123 557 469 571 501 611 538 71 48 73 52 77 54 30 58 32 61 32 65 39 42 40 45 42 48 58 14 58 16 62 15 51 40 52 43 56 49 25 18 25 22 28 21 67 44 67 48 72 51 3, 372 223 1, 260 414 165 1,309 3,550 228 1,314 452 168 1,387 3,819 247 1,341 526 184 1,521 398 22 136 59 18 162 431 23 143 71 18 175 479 26 146 97 20 191 137 9 37 16 9 66 134 9 38 15 9 64 143 9 37 18 10 69 232 12 71 21 14 114 238 11 72 22 15 118 256 14 73 26 16 128 310 12 110 48 13 126 324 12 115 49 13 135 343 13 117 53 15 146 340 14 147 26 14 139 350 14 151 27 14 144 378 16 157 33 14 159 156 6 73 11 5 61 160 6 76 11 5 63 178 7 76 21 5 69 336 16 144 41 15 119 349 16 147 43 15 127 368 17 150 52 17 132 7,763 2, 275 2, 340 3,148 8,243 2, 466 2, 316 3,462 8,665 2,550 2,380 3,735 1,580 687 551 342 1,632 733 518 382 1,705 757 548 400 224 44 17 163 241 50 15 176 256 60 16 181 494 122 150 222 535 130 168 237 559 133 174 252 564 193 88 283 616 209 97 310 649 215 96 338 758 125 275 358 813 138 274 401 855 135 291 429 465 105 196 164 484 112 191 181 523 119 214 189 824 239 283 302 859 269 279 312 917 283 290 344 119 122 123 17 19 19 1 2 2 4 4 5 3 3 3 10 11 11 3 3 3 23 23 22 1,275 7,992 2, 682 o, 310 1, 339 8,663 3,351 5,312 1,445 8,952 3,254 5,698 130 693 174 519 139 775 255 521 149 750 186 564 156 298 48 250 140 294 60 234 144 291 50 241 122 673 287 387 125 728 348 380 130 713 307 406 121 730 246 484 126 780 317 462 138 785 291 493 116 1,034 454 581 129 1,187 606 581 141 1,148 516 633 58 406 158 248 61 437 188 249 69 433 162 271 112 782 232 551 120 875 317 558 132 856 256 600 5, 886 6,060 6,614 680 699 757 279 288 311 436 451 489 509 525 569 603 617 669 270 279 303 516 530 576 3,826 4,448 4,708 337 396 429 230 306 298 339 400 412 350 400 414 367 427 455 184 206 219 367 417 440 1, 040 1,062 1,210 161 167 190 57 54 59 85 97 86 93 [Millions of dollars] 91 106 100 103 118 48 50 57 103 106' 122 Table 46.— Southwest 1957 23, 697 1958 1959 Table 47.— Okahoma 1957 24, 839 26, 248 3,730 15, 424 15,866 389 435 1, 174 1,115 6 5 990 945 165 178 1958 1959 3,954 4,138 Table 49.— New Mexico Table 48.— Texas 1957 1958 1957 1958 1959 1957 1958 1959 Table 51.— Rocky Mountain 1957 Table 52.— Montana Table 53.— Idaho 1958 1959 1957 1958 1959 1957 1958 1959 1,318 1,072 18, 041 1,401 1,554 1,681 2,010 2,202 2,388 7,830 8,169 8,575 1,280 1,342 1,127 1,187 10, 924 283 679 11,618 300 711 984 32 95 1,471 76 85 1,624 77 82 (2) 85 (2) 82 725 31 57 1 14 42 722 30 42 1 10 30 754 27 37 1 10 26 708 44 20 (2) 97 5,072 5,435 150 145 266 267 29 26 93 99 144 142 671 45 21 57 37 4,904 147 305 35 96 174 630 39 25 672 39 1,173 32 98 1 56 41 1,334 68 97 643 37 1,083 37 90 (2) 54 36 (2) 25 (2) 21 (2) 20 16, 556 17, 129 16, 935 2,323 2,387 2,520 10, 784 39 38 259 447 30 260 266 1, 156 268 714 6 5 5 5 (2) 254 252 248 981 678 8 8 169 8 36 1959 Table 50.— Arizona (2) 1,027 2,948 2, 925 624 267 357 1,062 2, 892 3,015 663 277 386 1,151 3,101 3,270 720 301 419 132 390 429 88 43 46 141 374 436 94 45 49 159 396 466 101 48 53 688 2,292 2, 100 458 189 269 664 2, 241 2,151 477 192 285 704 2,385 2,321 510 207 304 81 68 147 29 12 16 100 74 159 36 14 22 110 83 179 41 16 25 126 197 249 49 22 26 157 203 270 57 26 31 177 237 304 68 30 38 400 786 961 178 86 92 429 808 986 197 95 102 444 903 1,082 216 106 111 52 96 152 22 11 10 55 97 143 24 12 12 61 99 153 27 14 13 55 121 122 19 10 9 62 125 127 21 11 10 54 143 140 23 12 11 1, 005 391 265 349 984 370 273 342 1, 059 380 307 372 141 43 41 57 138 40 42 56 148 42 48 59 754 286 192 276 735 270 196 269 793 278 219 296 52 31 14 6 52 29 15 7 55 30 18 7 59 32 18 10 59 30 19 10 63 30 22 10 423 257 107 59 404 240 105 58 425 243 117 65 84 63 11 9 79 58 12 9 82 59 13 10 51 36 11 3 50 35 11 3 53 36 13 4 545 571 606 91 93 94 360 376 401 40 44 48 53 58 64 177 183 195 28 28 29 24 25 25 255 290 259 312 279 328 44 47 44 49 46 48 171 190 171 205 184 217 16 25 17 27 19 29 25 29 26 31 30 34 98 79 100 84 107 88 14 13 15 13 16 13 12 11 12 12 13 12 1,482 87 456 197 73 670 1,557 88 475 214 77 703 1,690 98 496 248 82 765 201 11 58 28 11 94 209 10 57 32 11 98 229 11 59 38 11 110 1,024 53 341 139 51 441 1,057 54 353 145 53 452 1,129 59 367 163 56 483 130 8 20 15 4 83 147 8 22 18 4 95 161 9 23 22 5 100 127 15 37 15 7 52 144 16 42 19 9 57 172 18 46 26 10 72 429 41 91 51 28 220 462 41 97 52 27 244 510 45 102 58 28 276 61 8 11 5 3 34 64 8 12 6 3 35 67 8 52 4 10 6 3 29 58 4 11 •> 35 62 4 12 6 3 38 3, 266 918 988 1, 360 3,529 999 1,007 1,524 3,690 1, 028 1,021 1,641 546 187 127 232 597 210 139 248 616 217 141 258 2,105 552 683 870 2,229 580 681 968 2.332 593 695 1,045 308 99 90 119 344 112 98 133 364 116 97 150 306 80 88 138 359 96 89 174 378 102 88 188 1,096 386 223 488 1,185 424 205 555 1,246 436 200 611 143 37 22 83 160 42 24 94 121 34 19 68 136 37 21 78 144 37 23 84 39 44 44 6 7 7 29 32 32 2 2 2 2 2 3 2 2 2 () () (2) 1 1 1 608 623 671 95 96 103 446 451 485 29 30 34 38 46 49 164 179 191 28 30 31 20 23 25 3,829 1,078 2, 751 4,296 1,547 2,749 4,272 1, 339 2,933 629 159 470 751 284 467 742 242 500 2,648 719 1,929 2, 933 1, 035 1,898 2,906 897 2,009 208 60 147 245 85 161 261 86 175 345 140 205 367 143 223 363 114 250 1,456 589 867 1,515 657 858 1,434 528 906 325 186 139 368 238 130 290 153 136 258 139 120 253 129 124 258 130 128 2,869 2,931 3,201 448 458 501 2,079 2,118 2,308 130 135 150 212 220 242 961 995 1,089 143 147 161 114 119 1,394 1,573 1,687 310 338 361 884 1,004 1,069 78 88 97 122 143 160 510 130 91 580 621 85 99 109 73 84 427 450 518 74 77 88 285 300 344 27 29 33 41 44 52 165 172 195 25 25 27 22 2 2 12 7 3 37 171 44 101 23 21 23 Tables 54-62a.—Personal Income by Major Sources, 1957-591 [Millions of dollars] Line 1 2 3 4 0 7 Table 54.— Wyoming Item Personal Income __ __ Wage and salary disbursements Farms Mining _ _ Bituminous and other soft coal mining Crude petroleum and natural gas Alining and quarrying, except fuel __ Table 55.— Colorado 1957 1958 1959 650 676 408 20 48 3 37 9 413 21 49 2 37 9 Table 56.— Utah Table 57.— Far West 1957 1958 1959 1957 1958 1959 707 3,367 3,508 3, 737 1,461 1,516 1,626 445 19 55 2 42 12 2,136 42 85 12 35 39 2,215 39 76 10 34 32 2, 394 40 81 10 37 34 1,006 14 90 19 11 59 1,051 15 78 16 11 51 1,134 14 74 14 10 49 1957 1958 WasiSon 1959 i Tab.eS9.-Oregon 1957 1958 1959 1957 5,832 5,977 6,Cm 30, 404 31,518 34,751 578 623 595 256 242 237 1 1 2 160 144 144 95 97 91 3,908 70 12 2 (2) 9 4,035 74 10 1 (2) 8 4,S>96 4 5,460 47, 321 51, 740 ( 1958 1959 3,400 3,528 3,842 2,145 56 6 2,214 55 7 2, 436 55 6 133 74 11 1 ) 9 (2) 6 6 8 9 10 11 12 13 Contract construction _. ___ M anuf actur in g Wholesale and retail trade Finance, insurance, and real estate Banking and other finance Insurance and real estate 36 34 60 11 6 6 41 32 64 12 6 6 53 35 69 13 7 7 179 357 436 89 41 48 190 370 454 99 46 52 192 416 501 108 52 57 78 178 191 37 18 19 82 184 198 41 20 21 85 209 219 45 22 23 1,992 8,644 5,658 1,260 509 751 2,093 8,639 5,842 1,346 550 796 2,380 9,740 6,479 1,505 635 870 254 1,127 730 145 60 86 259 1,160 746 157 64 93 >78 1,'252 ' *308 174 70 104 123 645 442 79 38 42 657 446 84 39 45 151 750 496 91 43 48 14 15 16 17 Transportation Railroads Highway freight and warehousing Other transportation 56 43 8 5 54 42 8 5 57 42 9 6 153 65 56 32 145 60 53 32 154 60 58 36 80 49 21 10 76 46 21 9 79 46 24 9 1,749 580 470 699 1,707 564 482 661 1,812 576 570 666 257 104 58 95 250 98 60 93 259 99 67 93 165 82 48 36 157 79 48 30 167 80 54 32 18 19 13 14 15 78 82 89 34 35 37 929 951 989 97 96 99 80 80 82 20 Communications and public utilities Telephone, telegraph, and other communications Electric, gas, and other public utilities 7 6 7 6 8 7 46 32 46 35 51 38 18 16 18 17 20 17 619 310 619 332 644 346 71 26 71 26 73 26 45 35 44 36 46 36 21 22 23 24 25 26 Services Hotels and other lodging places __ _ Personal services and private households Business and repair services Amusement and recreation Professional social and related services 32 7 6 4 2 13 35 7 9 3 1 14 38 8 9 3 2 16 214 16 48 26 15 108 227 16 50 27 14 120 254 18 53 28 15 139 71 6 14 10 5 36 78 6 16 11 6 40 88 6 17 14 6 45 3,235 210 673 567 552 1,232 3,461 220 720 606 569 1,346 3,872 241 766 736 633 1,497 308 21 64 42 19 162 328 21 68 44 20 175 351 22 70 49 21 189 189 12 42 28 11 96 201 12 44 29 12 104 218 14 46 33 12 114 27 28 29 30 Government Federal, civilian Federal military State and local 96 26 45 91 26 14 51 91 25 9 57 503 164 139 200 533 179 128 226 557 183 121 252 234 125 17 91 264 140 18 106 283 147 19 117 5,975 1,604 1,402 2,969 6,515 1,726 1, 436 3,353 6,970 1,781 1, 482 3,707 888 268 233 387 932 278 224 429 Q69 277 226 466 356 93 26 236 390 105 28 257 415 107 34 274 31 Other industries 1 1 1 (2) (2) (2) 02 Other labor income 18 17 19 61 68 74 38 41 43 987 33 34 35 Proprietors' income Farm Xonfarm 116 53 64 133 68 65 120 53 67 551 150 401 566 171 395 562 141 421 206 62 144 195 51 144 205 52 154 6,119 1,348 4,771 36 Property income 88 90 99 457 472 517 159 167 181 6,026 37 Transfer payments 34 39 42 228 255 271 90 102 108 2,904 38 Less : Personal contributions for social insurance 15 16 18 65 68 80 38 40 45 978 1,044 1950 1951 25 127 138 19 24 23 4 5 5 1,041 1,158 121 127 138 71 78 88 6,083 1,322 4,761 6,629 1, 388 5,241 810 233 577 741 167 574 794 175 619 596 137 459 600 137 463 653 150 503 6,213 6,780 680 708 770 412 427 465 3,509 3,627 430 491 498 249 282 285 1,204 117 125 134 72 73 85 132 [Millions of dollars] Table 60.— Nevada Item Line 1957 1 2 3 4 5 6 7 Personal Income Wage and salary disbursements _. Farms Mining - Bituminous and other soft coal mining Crude petroleum and natural gas Mining and quarrying except fuel __ - 1958 1959 Table 61. —California 1957 1958 1959 Table 62.— Hawaii 1957 1958 1959 Table 62a.— Alaska 1952 646 685 752 35, 582 37, 131 40, 783 1 1,098 1,158 1,290 319 439 485 463 8 22 482 8 17 537 9 18 23, 888 444 216 24, 788 457 203 27, 482 485 208 826 68 1 869 63 1 968 71 1 17 l 159 58 144 59 144 64 1 1 1 368 (2) 10 2 4 4 406 22 264 (2) 10 2 4 5 49 29 75 10 6 5 44 26 83 11 6 5 53 28 95 14 7 7 1,566 6,842 4,412 1, 025 406 619 1,657 6, 797 4,568 1,094 441 653 1,899 7,711 5,081 1, 226 515 711 47 70 116 21 10 10 61 132 23 11 12 78 87 140 28 14 14 35 12 20 2 1 1 78 12 30 2 1 32 19 7 6 32 19 7 6 34 19 8 7 1,294 374 357 563 1,269 369 368 532 1,352 377 441 533 38 38 43 7 31 5 33 6 37 11 (2) 2 9 17 (2) 3 13 ( 1954 1953 O 11 506 3 \ ll34 Contract construction M^ anuf actur in g Wholesale and retail trade Finance insurance, and real estate Banking and other finance Insurance and real estate - 14 15 16 17 Transportation Railroads Highway freight and warehousing Other transportation _ _ 18 19 13 14 16 739 760 792 20 21 23 1 1 2 20 Communications and public utilities Telephone, telegraph, and other communications Electric, gas, and other public utilities. .. 8 5 9 5 11 6 494 245 495 265 514 277 10 10 11 11 12 11 1 1 1 1 1 1 21 22 23 24 25 26 Services Hotels and other lodging places Personal services and private households-Business and repair services _ -_ _ Amusement and recreation Professional, social, and related services.-. . 123 41 11 6 55 11 140 43 12 10 62 13 159 48 14 10 72 15 2,615 136 556 492 467 963 2,792 144 596 523 476 1,054 3, 145 157 637 644 528 1, 179 69 10 15 8 6 30 74 11 15 9 6 34 84 12 17 12 6 38 9 1 2 1 1 4 17 2 3 2 1 11 17 2 3 2 1 9 27 28 29 30 Government Federal civilian Federal military State and local 102 30 31 40 107 32 30 45 112 32 30 4,630 1,212 1,112 2,305 5,086 1,312 1,152 2,622 j 5,474 1,365 1,193 2, 916 373 119 173 81 382 126 169 87 411 138 174 98 159 64 84 11 195 70 112 14 31 Other industries 104 103 110 2 2 4 4 5 5 4 32 Other labor income 13 14 16 782 822 916 31 34 39 2 3 4 5 33 34 35 Proprietors' income Farm Nonfarm 82 14 68 92 22 70 98 20 78 4,631 964 3,667 4,650 995 1 3,654 5, 084 1, 043 4, 041 91 10 81 94 11 83 108 11 97 33 1 32 46 1 45 46 1 45 36 Property income - - Transfer payments Less: Personal contributions for social insur ance 37 38 http://fraser.stlouisfed.org/ Federal Reserve Bank 22 of St. Louis 2 () (2) so ; 2 () 493 409 425 (2) 11 °9 4 3 2 ._ _ _ - 5 i 8 9 10 11 12 13 _. 1955 I 1956 1957 1959 1958 500 548 537 527 556 416 457 434 (2> (!) 446 (2) 9 3 1 6 1 4 458 (2) 9 3 3 4 48 21 46 8 2 1 5 8 3 1 c:) 82 56 14 34 5 2 2 50 16 34 5 2 2 74 20 38 5 3 55 20 41 6 3 2 47 18 39 3 2 2 65 16 35 4 2 2 : 4 ' 3 4 3 20 1 4 15 22 1 5 16 : 21 1 5 15 21 1 6 14 25 1 26 1 ! 7 : 18 29 18 24 1 6 18 2 3 3 4 6 13 1 1 1 2 1 2 2 2 4 2 10 2 10 2 14 2 i 3 l 2 1 6 13 2 3 2 1 5 14 2 3 2 1 7 17 2 3 2 1 8 19 3 4 3 1 8 21 2 4 4 1 9 25 3 4 6 1 10 260 90 149 21 260 92 143 26 262 92 143 27 252 102 120 30 255 108 113 34 5 4 6 5 5 6 8 9 10 42 1 41 42 1 40 39 2 38 42 2 40 39 2 37 38 2 36 42 2 40 ! : 230 ! 78 137 1 15 252 87 148 17 250 85 147 ! 18 5 i 1 1 6 22 5 H 72 74 81 4,863 5,004 5,464 119 129 141 16 19 23 26 27 29 31 32 32 34 30 36 37 2,195 2,700 2,807 52 56 63 10 9 12 14 16 18 18 20 23 22 13 13 15 775 832 970 21 24 2S 6 7 6 6 6 7 8 9 10 10 SURVEY OF CURRENT BUSINESS August 1900 23 Table 63.—Broad Industrial Sources of Personal Income, by States and Regions, 1959 Table 70.—Industrial Sources of Civilian Income Received by Persons for Participation in Current Production, by States and Regions, 1959l [Millions of dollars] Table 70 Table 63 State and region Total personal income Farm income l Continental United States. 380, 664 14, 493 New England Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Government income disbursements 2 Federal State and local 41,769 26, 962 Private nonfarm income 3 Total Farms 297, 440 303, 798 14, 722 Mining 4,402 Contract Manuconstruc- facturtion ing 20, 197 91,795 Wholesale and retail trade 59, 634 ComFinance, municainsurtions ance, Transportation and and public real utilities estate Services Government 2 8,502 37,771 35, 108 100 16 3 1 46 6 28 15, 204 15, 452 Other 1,011 24, 728 1,713 1,200 694 12, 380 1,837 6,904 248 53 20 40 58 9 68 2,736 258 169 76 1,472 301 460 1,612 119 74 54 849 126 390 20, 132 1,283 937 524 10, 001 1,401 5, 986 19, 089 1,277 909 539 9, 513 1,348 5,503 252 54 21 40 59 9 69 29 2 1 6 13 1 6 1,137 98 54 37 521 75 352 7,426 421 361 158 3,526 533 2, 427 3,424 250 150 104 1,767 250 903 1,067 48 41 22 544 69 343 619 58 27 26 323 43 142 543 38 27 15 278 42 143 2,528 135 112 68 1,384 154 675 1, 964 157 112 62 1, 052 166 415 Mideast . New York New Jersey Pennsylvania Delaware Maryland. District of Columbia 95, 896 45, 103 15, 429 24, 732 1,314 7,108 2,210 889 353 117 295 33 91 10, 153 3,750 1,404 2,615 101 1,353 930 6,334 3, 424 896 1, 403 62 444 105 78,520 37, 576 13,012 20, 419 1,118 5,220 1, 175 75, 975 35, 597 12, 590 19, 661 924 5, 659 1,544 905 359 120 300 34 92 505 72 26 391 (3) 16 4,425 1, 931 800 1,108 78 442 66 24, 750 10, 127 4,995 7, 756 406 1,420 46 15, 038 7,956 2,232 3,440 138 1,053 219 4,456 2, 680 609 805 33 269 60 3,882 1,742 647 1,088 44 298 63 2,264 1,112 353 577 19 166 37 10,710 5, 595 1, 659 2,310 97 744 305 8,848 3, 937 1, 120 1,842 73 1,132 744 192 86 29 44 2 27 4 Great Lakes Michigan _ _ _ _ _ _ _ Ohio _ _ Indiana . Illinois _ _ Wisconsin . 83, 176 17, 493 21, 979 9,712 25, 734 8,258 2,205 327 371 375 652 480 6, 783 1,303 1, 856 807 2,166 651 5,317 1,325 1,274 604 1, 552 562 68,871 14, 538 18, 478 7, 926 21, 364 6, 565 68,532 14, 422 18, 092 8, 173 21, 102 6,743 2,241 332 378 381 663 487 492 88 133 63 187 21 4,074 778 1,069 440 1,377 410 27, 785 6, 562 7,786 3,498 7.326 2,613 12, 535 2,459 3, 154 1, 441 4,251 1,230 2, 758 470 683 307 1,049 249 3,333 479 927 407 1,240 280 1,775 394 446 203 564 168 7,220 1,462 1,845 692 2,554 667 6,170 1, 378 1,622 720 1. 845 605 149 20 49 21 46 13 Plains Minnesota Iowa Missouri North Dakota South Dakota Nebraska Kansas 30, 333 6,660 5, 398 9, 248 972 1, 020 2,797 4,238 2,898 475 783 573 150 140 408 369 3,209 594 501 930 123 163 348 550 2,180 548 379 553 92 91 198 319 22, 046 5, 043 3, 735 7, 192 607 626 1,843 3,000 24, 276 5,400 4,344 7,478 779 789 2, 206 3,280 2,942 482 795 582 152 142 414 375 281 89 18 40 13 13 13 95 1,774 443 273 506 76 76 146 254 5,338 1,243 974 2,066 29 64 302 660 5,190 1,138 889 1,594 208 195 484 682 1,116 263 177 366 31 32 118 129 1, 591 360 208 538 53 36 160 236 694 144 116 233 22 23 57 99 2,716 615 461 872 84 85 247 352 2,569 606 416 665 110 121 260 391 65 17 17 16 1 2 /> 7 Southeast _ __ Virginia _ ___ _ West Virginia Kentucky Tennessee North Carolina South Carolina... Georgia Florida \labaina Mississippi IvOuisi'ina \rkansas 59,968 7,058 3,053 4 548 5, 362 6,771 3,148 6, 081 9,273 4,607 2,528 5, 169 2, 370 3,846 244 60 340 327 598 202 312 511 268 357 235 392 8,685 1,654 345 659 651 796 514 887 1,248 733 362 505 331 4,472 427 220 309 395 491 220 435 653 369 222 546 185 42, 965 4,733 2,428 3,240 3, 989 4,886 2,212 4,447 6,861 3,237 1,587 3,883 1,462 47,312 5,500 2,480 3,558 4,373 5,457 2,457 4,881 6,843 3,788 2,023 4,092 1,860 3,905 248 61 345 332 607 204 317 520 272 362 239 398 1,189 82 380 174 32 14 5 24 43 70 38 294 33 3,356 361 124 253 263 327 153 318 774 243 127 316 97 11 524 1, 155 702 933 1,322 1,810 863 1,312 854 1, 054 422 730 367 9,367 1,054 400 649 866 1,011 428 1,062 1,642 696 393 841 325 2,211 238 73 123 185 209 106 261 519 166 77 186 68 2 457 339 157 207 222 236 73 266 352 159 72 269 105 1,255 142 106 98 85 114 53 134 172 101 56 139 55 5 542 686 233 381 505 545 256 529 1, 073 400 207 541 186 6,314 1.165 241 387 555 566 310 630 846 620 20( 518 216 192 30 3 8 6 18 6 28 48 7 9 19 10 Southwest Oklahoma Texas Now Mexico \ri7ona 26, 248 4,138 18, 041 1, 681 2 388 1,762 276 1,181 117 188 3,318 609 2,114 282 313 1,950 366 1,206 170 208 19,218 2,887 13, 540 1,112 1,679 20, 798 3,213 14, 277 1,366 1,942 1S788 280 1,198 119 191 1,324 287 848 104 85 1,623 233 1,019 143 228 3,440 441 2,656 90 253 4,446 674 3,158 238 376 1,034 149 716 66 103 1,153 165 859 61 68 669 106 442 51 70 2,571 386 1,691 222 272 2,682 478 1, 645 268 291 68 14 45 4 5 Rocky Mountain M ontana Idaho Wyoming Colorado Utah 8,575 1,318 1,187 707 3,737 1, 626 664 178 171 71 179 65 1,112 170 136 73 484 249 731 116 97 62 323 133 6,068 854 783 501 2, 751 1,179 6,837 1,044 963 572 2, 901 1, 357 674 181 174 72 181 66 305 53 22 59 92 79 618 78 73 68 279 120 982 110 154 42 448 228 1,421 200 188 92 668 273 308 44 34 21 149 60 460 89 59 61 166 85 215 32 28 16 99 40 799 112 108 59 380 140 1,051 145 121 82 437 266 51,740 6, 363 3,842 752 40, 783 1,981 245 203 29 1,504 5, 773 891 384 92 4,406 4,366 554 308 55 3,449 39, 620 4,673 2,947 576 31, 424 40, 979 4,989 3, 135 618 32, 237 2,015 249 206 29 1,531 277 12 9 20 236 3,190 368 226 64 2, 532 10,550 1.336 822 30 8, 362 8,213 1,036 684 122 6, 371 2,254 257 144 1,828 1,957 283 187 36 1, 451 1,087 109 94 18 866 5, 685 561 370 190 4, 564 5,510 746 383 83 4, 298 241 32 10 1 198 556 1, 290 2 88 239 356 37 112 278 734 393 937 2 89 11 1 51 92 23 95 186 12 34 30 50 14 28 38 120 141 236 14 6 Far West Washington Oregon Nevada California \laska Hawaii __ _ _ _ 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. Footnotes to Table 70: 1. Consists of wage and salary disbursements, other labor income, and proprietors' 2. Does not include earnings of military personnel. 3. Less than $500,000. 4 (3) 2 <' 3 ) 2 (3) SURVEY OF CURRENT BUSINESS 24 August 1060 (Continued from page 9} Table 4.—Relation of Gross National Product, National Income, and Personal Income (1-18) [Billions of dollars, seasonally adjusted, at annual rates] Gross national product 442.8 1958 444. 2 1957 1959 482.1 II III IV I II 487. 9 481. 4 486. 4 501.3 505. 0 Goods and services, total 37.4 38 1 40 5 40 2 40 7 41 4 42 2 43 0 EquaJs: Net national product. _ 405.3 406.1 441.6 447. 7 440. 7 445. 0 459.1 462.0 Less: Indirect business tax and nontax liability 38.2 39 4 42.8 42.2 43.0 43 5 44 4 45.3 Business transfer payments 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 -.6 -1.7 -1.8 -1.0 -3.0 -2.6 -1.1 Statistical discrepancy Pius: Subsidies minus current surplus of government enterprises Equals: National income 1.0 1.1 .6 .7 .5 .5 .5 386. 9 367.7 399.6 405.4 399.4 402.8 414.4 na 41.7 37.4 46.6 50.4 44.9 45.5 48.0 n a, Less: Corporate profits and inventory valuation adjustment Contributions for social insurance 14.5 Excess of wage accruals over disbursements Pius: Government transfer payments to persons... .6 14.8 17.3 17.4 17.4 17.5 19.9 20.2 .0 .0 .0 .0 .0 .0 .0 .0 20.1 24.5 25.2 25.0 25.0 26.0 26.1 26.7 6.2 6.2 7.1 6.9 7.3 7.6 7.8 8.0 13.6 13.8 13.9 13.9 Net interest paid by government 12 6 12 4 13 4 13.2 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 351.4 360.3 383.3 384.5 384.8 389.0 396.2 404.2 Dividends transfer pay- Equals: Personal income na 1959 1958 19f 0 1959 II in IV I II 285.2 293.5 313.8 313.6 316.0 319.6 323. 3 329.0 40.4 37.3 43.4 44 4 44 0 43 5 44 2 44 5 Automobiles and parts 17.1 13.9 17.9 18.9 18.2 17.4 18.5 18.9 Furniture and household eQuipment 17 4 17 4 18 8 19 0 19 1 19 2 18 9 18 7 58 6 0 6 6 6 6 6 7 6 8 6 7 6 9 137 7 142 0 147 6 147 7 148 0 149 6 150 5 153 5 Durable goods, total Less: Capital consumption allowances Business ments [Billions of dollars, seasonally adjusted, at annual rates] 19 30 1959 1957 Table 6.—Personal Consumption Expenditures by Major Type (II-6) Other Nondurable goods, total Food and beverages 74.3 76.8 78.2 78.2 78.0 79.1 79.5 81.4 Clothing and shoes 25 4 25 7 27 4 27 8 27 6 27 8 27 8 28 3 Gasoline and oil 10 4 10 6 11 1 11 1 11 2 11 3 11 4 11 7 Other 27 6 28 8 30 9 30 7 31 1 31 4 31 7 32 1 Services total 107 1 114 2 122 8 121 4 124 1 126 6 128 6 130 9 Housing 35 2 38 0 40 5 40 2 40 8 41 3 41 9 42 5 Household operation 15.8 16.9 18.0 17.6 18.1 18.5 18.9 19. 1 9 0 9 2 9 9 9 7 10 1 10 1 10 3 10 5 47.0 50.2 54. 5 53.9 55. 1 56 6 57. 5 58.8 Transportation Other Table 7.—Foreign Transactions of the United States, GNP Basis (IV-2) [Billions of dollars, seasonally adjusted, at annual rates] 1957 1958 1959 1959 II Table 5.—Government Receipts and Expenditures (III-3) 19 60 III IV I II [Billions of dollars, seasonally adjusted, at annual rates] Receipts from abroad 1960 1959 1957 1958 II Federal Government receipts Personal tax and nontax receipts .. Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance. III IV I II 81.7 78.6 89.5 91.9 89.0 89.3 96.0 na 37.3 19.9 36.7 17.6 39.8 22.0 40.1 24.1 40.0 21.1 40.2 20.9 42.6 22.5 43.4 na 12.2 12.2 11.9 12.4 12.9 14.7 12.8 14.8 13. 1 14.8 13.3 14.8 13. 6 17.2 14.1 17.5 79.7 87.9 90.9 90.9 91.0 91.5 90.3. 91.4 Purchases of goods and services — 49.7 52.6 53.3 53.7 53.6 52.5 51.8 51.7 17. 4 - - - 16. 0 1.5 21.3 20. 0 1.3 22 0 20.5 1.5 21.7 20.3 1.4 21.6 20.3 1.2 23. 2 21.3 1.9 22.8 21.3 1.6 23. 5 21.8 1.7 Federal Government expenditures Transfer payments To persons . Foreign (net) Grants-in-aid to State and local governments 4.1 5.4 6.6 6.7 6.7 6.4 6.2 6.2 Not interest paid 5. 7 5.6 6. 4 6.2 6.6 6.9 7.0 7.2 Subsidies less current surplus of government enterprises 2.8 3.0 2.6 2.6 2.5 2.5 2.5 2.7 5.6 na Surplus or deficit ( — ) on income and product account - 1.0 -2.0 -2.2 38.6 42.1 46.2 46.1 46.7 46. 8 47.5 na Personal tax and nontax receipts _ . 5.3 10 Corporate profits tax accruals Indirect business tax and nontax 26.0 accruals Contributions for social insurance _ 2.3 Federal grants-in-aid - 4.1 5. 7 1.0 6.2 1.2 6.1 1.4 6.2 1.2 6.3 1.2 6.6 1.3 6.6 na 27.5 2.5 5.4 29.6 2.6 6.6 29.4 2 6 6.7 29.9 2.6 6.7 30. 2 30.8 2.7 6.2 31.2 2.7 6.2 State and local government receipts State and local government expendit ures - 0.4 39.6 44. 1 47.4 47.5 47.9 47.4 49.2 50. 5 Purchases of goods and services — 36.8 4. 1 Transfer payments to persons .5 Net interest paid Less: Current surplus of govern1.8 ment enterprises 40.8 4.5 .6 43.9 4. 7 .7 44.0 4.7 44.5 4. 7 43.9 4.8 45.7 4.8 46. 9 4.9 .8 1.9 2.0 1.9 2.0 2.0 2.0 2.1 -.6 -1.7 na Surplus or deficit (— ) on income P Payments to abroad 2 0 — 1.1 -1.3 -1.2 22.9 22.2 24.0 23.5 25.2 26.4 22.7 22.9 22.2 24.0 23.5 25.2 26.4 _. 26.2 22.7 22.9 22.2 24.0 23.5 25.2 26.4 21 3 21 5 23 8 24 4 24 2 23 9 23 9 24 4 1.4 1.3 1.5 1.2 1.9 — . 1 -2.5 —3 6 — 1 5 —2 4 1.6 1.7 3 1. 5 3.5 Table 8.—Sources and Uses of Gross Saving (\ -2) [Billions of dollars, seasonally adjusted, at annual rates] 1959 1957 1958 Personal saving Undistributed corporate profits Corporate inventory valuation adjustment Capital consumption allowance Excess of wage accruals over disbursements Government surplus on income and product transactions Federal State and" local" Gross investment Gross private domestic investment Net foreign investment na—Not available. 19( )0 1959 II Statistical discrepancy 10 22.7 26.2 Imports of goods and services Net transfer payments by Government - Net foreign investment Gross private saving 2.0 -9.3 -1.4 26.2 Exports of goods and services 1959 III IV I II 69.2 69.0 73.9 76.6 72.1 73.8 76.1 na 23.6 24.4 23.4 24.8 22 5 22.8 23.7 25.2 9.7 6.7 10.5 12.9 9.3 8.9 na —1 5 _ 2 —.5 -1.3 -.4 .7 na 37.4 38.1 40.5 40.2 40.7 41.4 42.2 43.0 .0 .0 .0 .0 .0 .0 .0 .0 -2.5 -.4 -3.2 -2.8 3.9 na 2 0 -1.0 —9 3 -2.0 —1 4 -1.1 10 -1.3 —2 0 -1.2 —2 2 -.6 5 6 -1.7 na na 69.6 56.0 69.5 75.2 66.0 68.5 79.0 75.7 66 1 3.5 56.0 -.1 72.0 -2.5 78.9 -3.6 67. 5 -1.5 70.8 -2.4 79.3 -.3 75. 5 .3 — 6 —1 7 18 —1 0 —3 0 —2 6 11 na 1.0 -11.4 y BUSINESS STATISTICS X HE STATISTICS here are a continuation of the data published in the 1959 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SUEVEY OF CURRENT BUSINESS. That volume (price $2.25) contains monthly (or quarterly) data for the years 1955 through 1958 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 1955. Series added or significantly revised since publication of the 1959 BUSINESS STATISTICS are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1958 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the July 1959 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 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS 1960 1959 July June DecemAugust SeptemOctober November ber ber January February March April May July June GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT t Seasonally adjusted quarterly totals at annual rates: f National income total bil of dol Compensation of employees, total \Vages and salaries total Private Military -. Government civilian Supplements to wages and salaries do do do ._. do . do _ do Proprietors' income, totalcf 71 __ do Business and professional d -- do Farm do Rental income of persons __ _ - do__ Corporate profits and inventory valuation adjustment, total --- bil. of dol Corporate profits before tax, total do Corporate profits tax liability do Corporate profits after tax do Inventory valuation adjustment do 405 4 399 4 402 8 414 4 279.7 260 1 214.9 9.9 35 3 19.6 279.5 259 7 214 2 9.9 35 7 19.8 281. 6 261 5 215.6 9.8 36. 1 20.1 290 2 268 7 222 1 9.9 36 7 21.5 295 0 273 1 225 5 10.0 37 6 21.9 46.8 34.8 12 0 12.4 46. 1 35.0 11 1 12.4 46.3 35.1 11.2 12.5 46.0 35 4 10 6 12.5 48.1 36 0 12 1 12.5 50.4 51.7 25.5 26.2 -1.3 44.9 45.3 22.3 22.9 — .4 45.5 44.8 22.1 22.7 .7 48.0 48 8 23.8 25 0 — .8 do 16.2 16.5 16.9 17.8 18.5 do 487.9 481.4 486.4 501 3 505 0 Personal consumption expenditures, total . do Durable goods do Nondurable goods - do Services do 313.6 44.4 147.7 121.4 316.0 44.0 148.0 124.1 319.6 43.5 149.6 126.6 323.3 44.2 150 5 128.6 329 0 44.5 153 5 130.9 78 9 41.3 26 1 11.5 67 5 41.1 26 5 — .1 70.8 39.4 26.8 4.7 79 3 40.8 27 1 11.4 75 5 40 7 29 5 5.3 -2.2 22.2 24.4 -.2 24.0 24.2 -.4 23.5 23.9 1.2 25.2 23.9 2.0 26 4 24.4 97.7 53 7 46 4 44.0 98.1 53 6 46 1 44.5 96.4 52.5 45.5 43.9 97.5 51 8 44 9 45.7 98. 6 51 7 44 7 46.9 384 8 46 3 338 5 389.0 46.5 342.4 396 2 49 2 347 0 404 2 50 0 354 1 Net interest Gross national product, total - - - Gross private domestic investment, total New construction Producers' durable equipment Change in business inventories do do do do__ Net exports of goods and services do_ __ Exports do Imports __ _ --- -- - do __ Government purchases of goods and services, total bil. of dol.. Federal (less Government sales) do National defense 9 do State and local do_Pcrsonal income, total - -- - _ _ - do Less* Personal tax and nontax payments do Equals' Disposable personal income do 384.5 46 2 338 3 Personal saving § do 24 8 22.5 22.8 23 7 25 2 434 2 426 3 429.1 440 5 442 2 290.0 41 6 139.8 108 6 290.8 41 2 139.5 110 1 292.8 41.1 140. 5 111.2 294.8 41.8 141. 1 112 0 298 3 41 9 143.2 113 3 59.4 33.4 22.2 3.8 66 2 34.0 22 4 9.8 62 33 24 4 _ GNP in constant (1954) dollars Gross national product, total bil of dol Personal consumption expenditures, total do . Durable goods - _ __ do Nondurable goods. _ .do _ _ _ Services do Gross private domestic investment, total New construction Producers' durable equipment Change in business inventories do do do do 66 35 21 10 7 2 5 1 56 7 35.0 21 7 .0 Net exports of goods and services do -3 8 — 1.7 81.2 44 4 36.8 80.5 43 5 37.0 Government purchases of goods and services, total bil. of dol. Federal __ __ do State and local do -1.5 78.5 42.3 36.2 8 8 2 8 — .1 *7 79.6 41 8 37.8 80 3 41 8 38. 0 •"Revised. fRevised series. Estimates of national income and product and personal income have been revised back to 1957; revisions prior to the 2d quarter 1959 (and prior io May 1959 for personal income) appear on pp. 8 ff. of the July 1960 SURVEY. ^"Includes inventory valuation adjustment. 9 Government sales are not deducted. §Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above. 558602°—60 4 8-1 SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1000 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July GENERAL BUSINESS INDICATORS—Continued PERSONAL INCOME, BY SOURCE! Seasonally adjusted, at annual rates:! Total personal income bil. of dol 386.8 386.9 383.3 384.3 384.3 388.7 393.9 395.7 395.7 397.0 401.9 404.7 r 406. 1 407 1 Wage and salary disbursements, total do Commodity-producing industries, total — do Manufacturing only do._ Distributive industries do Service industries do_. Ciovernment do Other labor income do__ Proprietors' income: Business and professional do_Farm do 262.1 110. 5 87.6 68.9 37.4 45.4 10.1 261.5 109.3 86.9 69.0 37.8 45.4 10.2 258.6 105.8 83.8 69.2 38.0 45.6 10.3 259.0 106. 1 84.3 69.1 38.1 45.6 10.3 258. 6 105. 6 83.5 68.8 38.5 45.7 10.4 260.8 107.0 84.5 69.1 38.8 46.0 10.5 265.0 110.4 87.6 69.4 39.1 46.1 10.5 268.2 112.6 89.4 69.9 39.4 46.3 10.6 268.6 111.9 89.0 70.3 39.8 46.5 10.7 269. 3 111.6 88.8 70.8 40.0 46.9 10.8 271.7 112.1 88.6 71.8 40.5 47.3 10.8 273.6 113.3 89.5 72.0 40.7 47.6 10.9 r 274 6 112.6 88 5 72 1 41 3 48 6 11 0 35.0 12.0 35.1 12.1 35.0 10.7 34.9 10.4 35.0 10.1 35.1 11.2 35.2 12.3 35.5 11.3 35.5 10.4 35.4 10.1 35.7 11.7 36.0 12. 1 Rental income of persons do Dividends do__ Personal interest income do_ _ Transfer payments -- -do Less personal contributions for social insur.--do 12.4 13.3 23.2 26.6 7.9 12.4 13.4 23.5 26.5 7.9 12.4 13.6 23.8 26.7 7.8 12.5 13.8 24.0 27.2 7.9 12.5 13.8 24.2 27.4 7.9 12.5 13.8 24.5 28.2 7.9 12.5 13.6 24.8 27.9 8.0 12.5 13.9 25 2 27.7 9.2 12.5 13.9 25.5 27.7 9.1 12.5 13.9 25.9 28.3 9.2 12.5 13.9 26.2 28.6 9.2 12.5 13.9 26.5 28.4 9.3 371.0 371.0 368.9 370.1 370.3 373 5 377.4 380 2 381 2 382.7 385 9 388 3 Totc*l nonagricultural income do 274. 0 «• r112.9 89.2 72 2 41. 1 r 47 8 11 0 T 36. 2 12 5 36 3 12 2 12 5 13 9 26.8 28 5 9.3 12 5 13 9 27 1 28 8 9.3 389 3 3PO 7 1 9 50 2 9 39 r r NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly totals: All industries bil of dol Manufacturing Durable goods industries N endurable goods industries do do do Railroads Transportation other than rail Public utilities do do do Seasonally adjusted quarterly totals at annual rates: All industries bil of dol Manufacturing Durable goods industries ISTondurable ""oods industries do do do Mining Railroads Transportation other than rail do do do Commercial and other do 8.32 8.32 8.99 7.89 3.02 1.45 1.57 3.02 1.44 1.58 3.57 1.74 1.83 3.09 1. 55 1.54 3 79 1 85 1 94 3 73 1 86 1 87 .24 .26 .53 .26 .28 .22 22 .25 47 29 29 61 27 28 56 1.47 2.80 . 54 1.48 2.74 . 55 1.51 2.87 1.18 2 68 32.50 33.35 33.60 35.15 11.80 5.75 6.05 12.25 5.85 6.40 12.85 6. 15 6.70 14.10 7. 15 6.95 14 8 7 3 15 1 7 6 7 6 .95 1.00 1.30 2.15 5 60 11.05 1.05 2.15 5 50 11.20 1.00 1.00 2.00 5 75 11.35 1 i 11 2 4 58 11 9 1 i 1 2 9 3 1.00 2.10 5 80 10.85 .85 1 46 3 06 1 37 0 1 55 3 00 2 37 5 r Q 12 0 FARM INCOME AND MARKETINGS^ Cash receipts from farming, including Government payments, total __mil. ofdol Farm marketings and CCC loans, total do Crops -- do _. Livestock and products, total 9 __do _ Dairy products do ATeat animals do Poultry and eggs do Indexes of cash receipts from marketings and CCC loans, unadjusted: All commodities 1947-49 = 100-Crops do Livestock and products do Indexes of volume of farm marketings, unadjusted: All commodities ... 1947-49 = 100.Crops - - - do _ Livestock and products -- do. .. 2, 396 2,700 2,792 3.351 2,368 846 1,522 402 884 213 2, 606 1,148 1,458 2, 760 1.253 1, 507 3, 321 1,646 1, 675 97 79 112 107 107 107 113 117 111 109 80 131 122 118 125 128 128 128 110 102 103 105 111 102 103 105 388 824 229 374 883 235 4,048 3, 669 3,046 2,747 2,093 2.169 2,211 2,316 2,509 3, 898 2, 099 1, 799 2.993 1, 535 1,458 388 793 256 2,696 1, 246 1,450 381 834 208 2,059 689 1, 370 368 776 200 2, 150 2,199 1,524 406 906 r 236 399 824 268 2,298 672 1, 626 431 894 265 2, 464 1, 567 273 3.528 1,928 1,600 375 944 268 136 154 123 160 196 132 145 180 117 123 143 106 111 116 106 85 64 101 88 54 115 90 63 112 94 63 119 101 84 114 152 168 141 187 228 156 169 204 144 142 156 132 131 134 128 100 74 120 98 53 131 98 59 128 104 58 138 116 90 135 105 104 107 111 111 111 110 110 ^109 P103 106 104 107 111 112 111 110 110 110 P 103 P 9^ P no P 94 372 1,034 253 390 1, 120 r 583 675 905 1, 559 413 875 246 INDUSTRIAL PRODUCTION t Revised Federal Reserve Index of Physical Volume Unadjusted, total index (including utilities)! 1957=100.. By industry: Manufacturing total do Durable manufactures _ do Nondurable manufactures do__ Mining do Utilities _ _ . do By market grouping: Final products, total _ Consumer goods Automotive and home goods Apparel and staples Equipment, including defense. Materials Durable goods materials Nondurable materials ._ __do___ do do do do __ do . do do 111 111 100 99 106 90 108 111 115 110 93 115 92 97 116 91 105 107 107 107 109 113 99 117 110 114 107 117 103 101 100 102 111 99 97 100 107 107 98 111 111 97 106 109 101 112 101 106 108 111 108 111 115 124 112 100 103 104 99 102 108 110 98 117 92 112 117 121 116 97 113 96 112 112 96 110 113 95 108 114 97 112 115 126 112 112 114 122 112 104 106 104 111 110 r 109 111 115 120 113 r 107 115 97 106 115 r 97 105 '105 P 107 P 109 P 103 P 112 P102 108 107 P 100 112 115 120 113 r \\2 r 116 120 r H5 P 95 r 103 91 88 90 94 114 97 107 110 108 106 105 110 109 109 109 108 101 108 111 107 110 p 10(i 112 110 111 ' 112 r 2 Revised. P Preliminary. i Estimates for April-June 1960 based on anticipated capital expenditures of business. Estimates for July-September 1960 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1960, and comparative data for 1958-59, appear on p. 7 of the June 1960 SURVEY. jSee note marked " f" on page S-l. cfRevised beginning 1958; revisions prior to May 1959 will be shown later. 9 Includes data not shown separately. tRevised series. For figures back to January 1955 for total and summary groups (seasonally adjusted), see p. 6 of the January 1960 SURVEY; for other information and earlier figures back t o 1947 (1919 for total industrial production, including utilities), see the December 1959 Federal Reserve Bulletin and the separate Federal Reserve publication, "Industrial Production: 1959 Revision" (available from the Board of Governors of the Federal Reserve System). _ . SUEVEY OF CURRENT BUSINESS August I960 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-3 1959 June July 1960 Novem- DecemAugust SeptemOctober ber ber ber January February March April May June July GENERAL BUSINESS INDICATORS—Continued INDUSTRIAL PRODUCTION— Continued Revised Fed. Reserve Index of Physical Volume— Con. Seasonally adjusted, total index (including utilities) t 1957=100.. By industry: Manufacturing total do 110 108 104 103 102 103 109 111 110 109 109 110 109 ^109 110 108 104 104 102 102 109 112 110 110 109 110 110 P no r 105 P 105 P 86 p 82 P no P 108 Durable manufactures 9 Primary metals Iron and steel Fabricated metal products Structural metal parts do do do do do_ 110 118 119 112 109 105 81 71 111 108 98 47 31 106 100 97 45 30 106 99 96 44 31 99 92 96 79 76 95 91 107 114 119 105 100 111 115 119 109 104 109 110 114 108 104 108 106 109 107 102 106 99 100 104 101 107 94 92 108 104 Machinery Nonelectrical machinery Electrical machinery do_ do - do_ 107 104 110 108 105 113 107 103 113 108 104 113 107 103 112 104 102 108 108 103 115 110 104 118 108 103 115 108 104 115 107 102 114 109 104 116 T 104 T 114 Transportation equipment 9 Motor vehicles and parts _ Aircraft and other equipment do_ do do 105 113 96 106 114 96 102 106 96 98 103 93 98 104 91 79 63 91 93 94 90 108 127 88 107 126 88 104 118 89 102 115 89 106 r 102 T 92 r 83 Instruments and related products Clay glass and stone products Lumber and products Furniture and fixtures Miscellaneous manufactures do do__ do do_ do 114 116 112 117 111 115 118 117 120 113 116 115 114 116 111 117 112 113 115 111 118 111 111 116 111 119 110 112 118 111 120 111 115 120 111 118 110 115 121 112 117 110 115 119 111 119 106 110 116 114 117 110 114 122 113 r 120 111 111 r 120 do do. do do. do 111 119 122 107 110 113 121 122 111 114 113 117 121 107 113 113 114 121 105 114 111 111 122 104 114 111 111 125 104 109 112 111 126 105 113 113 112 124 106 115 112 111 122 98 113 112 111 124 99 112 113 110 127 99 113 115 113 Printing and publishing Newspapers Chemicals and products Industrial chemicals Petroleum products do do do do do 104 101 116 122 108 106 106 117 123 108 107 107 117 123 107 108 106 119 125 106 107 105 117 122 106 108 104 117 123 105 109 107 118 124 102 109 106 119 125 104 109 105 118 124 102 108 104 119 126 103 109 106 122 126 107 Rubber and plastics products Foods and beverages Food manufactures Beverages Tobacco products do do do do do 117 106 107 102 103 128 105 105 103 117 120 108 107 114 114 120 108 107 113 111 115 106 105 108 114 113 107 107 105 111 116 107 108 104 115 118 109 109 109 114 117 107 107 106 108 115 108 108 106 113 '115 108 108 106 116 do do do do... do do 98 83 100 101 95 109 94 71 99 98 73 111 91 72 98 97 48 111 91 74 98 97 39 109 91 76 99 98 42 108 96 87 100 99 68 110 98 94 100 98 80 113 98 91 99 98 87 108 96 84 97 97 95 106 95 86 96 96 104 101 ••98 87 r97 97 106 115 Nondurable manufactures Textile mill products Apparel products Leather and products Paper and products 124 115 r 117 118 113 118 118 117 120 119 122 120 119 121 120 124 123 124 122 123 121 do do __ do 108 111 115 109 112 118 109 112 114 109 112 111 109 112 114 106 109 100 109 113 114 112 116 125 110 113 119 110 113 114 111 115 117 113 117 r 121 do do do 113 112 115 116 113 119 105 97 118 98 89 114 105 98 117 73 48 111 99 87 117 127 134 117 122 125 117 114 113 116 117 116 119 121 122 119 96 77 r 96 r 97 r 97 97 115 96 r 103 114 f 125 118 112 120 110 107 113 118 112 109 112 116 110 107 113 118 112 108 114 120 113 108 114 112 108 113 112 115 110 113 110 114 108 114 107 114 109 116 107 114 109 116 111 115 110 117 106 114 109 117 108 115 110 120 110 118 112 121 104 104 101 107 105 132 103 103 102 108 100 109 103 103 101 109 97 129 103 104 101 111 97 112 101 102 102 112 93 106 102 104 104 113 96 105 103 106 104 114 106 109 102 105 104 113 103 97 104 105 104 115 102 93 102 104 102 115 101 89 98 90 103 102 107 99 91 105 101 105 97 88 95 103 102 100 93 76 102 101 109 107 107 106 107 110 110 121 107 109 109 109 120 107 108 108 107 117 106 105 r 108 r 108 r 107 112 117 108 113 106 103 111 106 113 105 105 115 104 110 r 102 109 107 108 106 109 110 111 109 107 110 111 109 107 110 110 110 107 107 106 107 108 109 107 110 111 112 113 111 110 111 111 111 110 110 111 109 110 109 109 109 r HI r HI r HO r H3 HO r 1]2 111 108 113 103 97 117 99 94 116 97 93 113 98 94 114 98 95 113 101 97 114 104 99 117 103 98 117 102 96 118 103 96 120 r 104 T 99 r 105 r 100 r 106 r 102 120 120 Beverages and tobacco do Drugs, soap, and toiletries - do Newspapers, magazines, and books. .do Consumer fuel and lighting do 102 111 105 112 108 111 106 113 do do do do. __ do - do 102 103 100 105 100 132 do do do __do do no do do. do do fSee corresponding note on p. S-2. r 9 Includes data not shown separately. no 104 109 109 108 T 97 80 99 99 118 112 122 112 119 110 107 112 117 110 107 P * P p P 114 P 108 111 118 109 104 111 120 108 106 p 112 '121 123 112 117 110 107 110 119 108 107 p 112 p 112 p 116 p 115 117 115 121 120 i> 116 112 116 119 r r 114 112 114 r 121 P 123 P H8 p 125 p 124 117 117 118 r p 122 P H6 r 123 123 130 122 do do do do 86 124 133 122 120 121 121 ? Preliminary. r 97 121 126 120 119 119 121 P 100 p 111 p 87 109 109 121 124 120 117 115 121 Revised. r HO 121 125 121 do do do. __ do do _do r P 109 P 105 P 113 115 127 117 109 109 111 115 r 116 109 126 117 119 111 Business fuel and power 9 Mineral fuels Nonresidential utilities r 108 123 128 107 116 117 111 Nondurable materials 9 Business supplies Containers General business supplies 123 r H7 112 116 118 113 Materials Du-rable goods materials 9 Consumer durable Equipment Construction 111 r H2 116 117 115 Equipment, including defense 9 Business equipment Industrial equipment Commercial equipment Freight and passenger equipment Farm equipment r 114 111 -do - ---do do Apparel and staples Apparel incl knit goods and shoes Consumer staples 9 Processed foods 120 104 113 Utilities Electric Gas Home goods 9 Appliances, TV, and radios Furniture and rugs r lOg ' 127 -- Automotive products Autos Auto parts and allied products 109 r lOQ 19Q Mining Coal Crude oil and natural gas Crude oil Metal mining Stone and earth minerals By market grouping: Final products, total. Consumer goods Automotive and home goods 87 r 83 r 123 115 122 113 109 T v 116 121 114 109 p 115 112 120 r 113 119 105 106 104 r H7 r T 115 104 89 107 121 113 r 104 r 105 P 104 P 106 103 120 100 89 P 107 P 102 115 97 109 P 114 p 109 P 106 S-4 SUEVEY OF CURRENT BUSINESS L7nless otherwi£3 stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1!X>0 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July GENERAL BUSINESS INDICATORS—Continued BUSINESS SALES AND INVENTORIES§ Mfg and trade sales (seas adj ) total bil. of dol 62.0 61.7 59.6 60.1 59.7 59.1 60.9 61.6 62 2 61 3 62 6 T 61.9 61.9 Manufacturing total Durable soods industries Nondurable goods industries Wholesale trade, total . Durable goods establishments Nondurable goods establishments Retail trade, total do do do .- _ _ _ d o _ _ _ do do ___do 31.2 15.8 15.5 12.6 29.3 14.0 15.3 12.2 4.6 7.6 18.1 29.8 14 1 15.7 12.5 4.6 7.9 17.8 29.4 14 0 15.3 12.0 4.4 7.5 18.3 29.0 13 5 15.5 12.3 4 6 7.7 17.8 30.8 15 0 15.8 12.7 4 7 7.9 17.5 31.1 15 4 15 7 12.4 4 7 31 6 15 7 15 9 31.0 15 1 15 9 '12.4 *• 4 5 7.9 18.5 30.8 14 9 15.9 12.5 4 5 8.0 18.6 12.0 12.0 12.0 12.2 12.2 5. 9 12.2 12.5 4 7 7.8 18.1 6.0 12.1 30 8 15 2 15 7 12.2 4 5 7.8 18.2 5. 9 12.3 31 0 15 0 16 0 12.0 30.9 15.4 15.5 12.5 4.8 7.7 18.3 6 9 12.1 '12.4 12.6 Nondurable goods stores ..do Manufacturing and trade inventories, book value, end of month (seas, adj.), total bil. of dol__ 4.9 7.7 18.29 6 ns.i T 12.6 4 7 7.9 18.9 6.3 12.6 89.3 89.9 89.5 89.2 88.8 88.4 89.4 90.5 91 4 92 3 92 6 >"93.2 93.4 _ _ do_ __ do _ _ do 52.1 30.2 21.9 52.2 30.3 21.9 52.1 30. 1 22.0 51.9 29.8 22.1 51.5 29.2 22.3 51.6 29 3 22.3 52 4 30 1 22 3 53 3 30 8 22 5 53 9 31 3 22 6 54 3 31 8 22 6 54 7 31 9 22 7 55.0 32 1 22 9 55.2 32 2 23.0 Wholesale trade total do Durable goods establishments do Nondurable goods establishments _ __ __do Retail trade total do Durable goods stores do Nondurable goods stores _ _ do MANUFACTURERS' SALES, INVENTORIES, AND ORDERS Sales, value (unadjusted), total mil. of dol._ 12.4 6.6 5.8 24.8 11.7 13.1 12.5 6.7 5.9 25.1 11.9 13.2 12.6 6.6 5.9 24. 8 11.6 13.2 12.5 6.5 6.0 24.8 11.5 13.3 12.5 6 5 6.1 24.7 11.6 13.1 12.6 6 5 6.1 24 2 11.0 13.2 12 6 6 6 6 1 24 3 11 0 13.3 12.7 6 6 6 1 24 5 11 3 13.2 12 6 6 24 11 13 7 7 1 8 6 2 12.8 6 8 6 1 25 1 11 6 13. 5 12 6 6 25 11 13 13.1 6 9 6 2 25 2 11 8 13.4 13.0 6 9 6.1 25 3 11 9 13.4 31, 993 29, 246 28, 590 30, 032 30, 849 28, 530 30, 630 29, 740 30, 290 32, 470 30, 820 ' 30, 840 31, 490 16, 653 3,259 2,313 1,827 4,808 1,868 14, 220 1,785 999 1,760 4,350 1,710 13, 049 1,165 417 1,810 4, 403 1,823 13, 687 1,218 436 1,898 4, 726 2,030 14,528 1,269 467 1,800 4,822 2,079 13, 305 1,907 1,147 1,527 4,521 1,973 15 240 2 700 1,890 1 620 4,870 2 080 14 720 2 670 1, 850 1 540 4,400 1 850 15 110 2 540 1,670 1 570 4 690 I 890 16 080 2,690 1,750 1 700 5,070 2 050 15 150 2 310 1,470 1 680 4 830 1 880 r 15 570 2 200 1,340 1 800 5,020 2 030 Manufacturing, total Durable goods industries Nondurable goods industries Durable goods industries total 9 Primary metal Iron and steel Fabricated metal Machinery (including electrical) Electrical do do do do do do . 9 8 1 0 6 3 15 230 2, 250 ' 1, 400 1,730 4,790 r 1, 880 r 3, 674 3,478 2,768 2,701 3,570 2,648 Transportation equipment _ do 3 480 *-3 640 3 670 3 860 3 640 3 570 3 760 r 2,106 2, 268 1, 361 1,404 2,207 1,373 2,010 Motor vehicles and parts do 2, 310 2,450 2, 480 2 260 2 260 2*440 1,050 983 1,034 1,073 1, 065 897 Lumber and furniture do 840 910 810 940 ••920 900 *850 829 781 812 775 782 652 Stone, clay, and glass do 650 690 790 620 820 740 640 15, 340 15, 026 16, 321 15, 541 16, 345 15, 225 Nondurable goods industries, total 9 __do 15 390 15 010 16 390 15 920 15 670 r 15 600 15 180 4, 679 4,610 4,855 4,950 4, 579 4,585 Food and beverage do 4,590 4 440 4 820 4 650 4 810 4 540 4 430 451 416 409 416 441 413 Tobacco do _ 420 350 490 420 430 370 370 1,119 1,260 1,310 1,346 1,256 1,296 Textile - _ do 1 220 1 200 1 260 r 1 190 1 240 1 180 1 230 1,052 986 1,060 1,041 1,086 974 Paper do r 1 050 990 990 1 100 1 080 1 040 1 010 2,044 2,180 2,379 2,143 2,339 2,120 Chemical do__ _ 2 180 2 450 2 200 2 430 9 470 2 400 2 220 r 3,033 3,093 3,235 3,056 3,037 3,103 Petroleum and coal _ do 3, 350 3,200 3, 290 3, 020 3 120 3 130 3 070 514 546 r 550 528 569 480 439 Rubber do 480 520 520 560 540 520 31, 248 30, 858 29, 818 29, 384 28, 972 29, 268 Sales, value (seas, adj.), total... do 30 790 31,110 30 840 30 770 31 030 r 30 990 31 580 15, 384 14,113 13,479 14, 047 14, 008 Durable goods industries, total 9 __do__ _ 15, 771 15 010 15 450 15 170 14 850 15 000 T 15 060 15 670 2,104 2,916 1,212 1,186 1,956 1,227 Primary metal do _ _ . 9 310 2 590 2 800 2 730 r 2 240 2 540 2 020 1, 182 1, 994 432 439 438 1,182 Iron and steel do r 1 400 1 980 1 900 1 660 1 190 1 470 1 800 " 1,758 1,787 1,759 1,631 1,703 1,623 Fabricated metal do 1 760 1 700 1 690 1 760 1 750 1 690 1 720 4,565 4,778 4, 663 4,666 4, 651 4,717 Machinery (including electrical) do. __ r 4 780 4 720 4 800 4 750 4 730 4 830 4 840 1,815 1,899 1,942 r i 940 1,911 1,956 1, 883 Electrical do 1 950 2 020 l' 990 1 950 2 010 1 990 3,558 3,667 3,641 3,778 2,514 r 3 490 3,577 Transportation equipment do 2 970 3 470 3 460 3 580 3 360 3 570 2,279 2,310 2,237 2,415 2,143 1,167 Motor vehicles and parts do 1 590 r 2 210 2 130 2' 220 2 110 2 290 2 040 r 1,035 1,077 977 952 991 922 Lumber and furniture do GOO 910 870 880 940 930 920 805 768 704 718 662 751 Stone, clay, and glass do 730 750 700 750 760 750 770 15, 474 15,705 15, 260 15, 337 15, 493 Nondurable goods industries, total 9 do__ _ 15, 477 15 780 15 660 15 670 15 920 16 020 r 15 920 15 900 4,614 4,540 4,618 4,609 4,700 4,780 4,643 4,511 T 4 630 Food and beverage _ do 4 710 4 640 4 720 4 720 382 490 408 399 410 395 400 443 Tobacco . do_ __ 414 400 400 390 ' 430 1,281 1,256 1,222 1, 250 1,197 1, 209 1,260 1,260 Textile do r 1 290 1 200 1 270 1 260 1 260 1,042 1,060 1,029 1,060 1,006 1,011 1, 010 994 Paper _ _ _ __do r 1 040 1 050 1 060 1 030 1 070 2,125 2,171 2,219 2,157 2,380 2,273 2,260 2,236 Chemical . do. _ 9 380 2 380 r 2 350 2 300 2 380 3,095 3,093 r 3 jgQ 3,301 3,037 3,100 3,183 3,071 3,080 Petroleum and coal _ - do_ __ 3 160 3 150 3 260 3 130 519 ron 520 544 492 555 500 530 482 Rubber do ^7ft 510 550 520 Inventories, end of month: 54, 700 «• 54, 970 54, 990 54, 770 54, 200 52,880 53, 660 51, 990 51, 790 51 434 51 551 51 524 51 782 Book value (unadjusted) total do 32, 060 32, 140 32, 140 r 32, 250 31, 450 30, 260 29 431 30, 860 30, 217 30, 079 29 224 29 601 29 679 Durable goods industries total 9 do 4,400 4,580 4,450 4,540 4, 350 4,310 4,300 4,013 4,007 3,971 3,981 3 979 4? 116 Primary metal do 2,540 2,670 2,700 2, 580 2,540 2, 580 2,560 2,251 2,260 2 264 2 254 2 288 2 411 Iron and steel do 3,370 3,440 3, 460 3,420 3,230 2,960 3,070 3, 500 3,487 3 295 2 854 2 860 3 055 Fabricated metal do 10, 570 10, 710 10, 360 10, 760 10, 660 9,880 10, 140 9,779 9 801 q 650 9 700 9 703 9 722 Machinery (including electrical) do 3,940 4,100 4,090 4,000 3,870 3,690 3,760 3,724 3,682 3 624 3' 614 3 652 Electrical do 3 626 7,720 r 7, 420 7,320 7,590 7, 620 7,520 7,380 7,220 7,114 7,290 7,062 7 114 7,013 Transportation equipment do 3, 370 3,270 r 3, 170 3, 100 3,350 3,200 3,270 2,983 2,910 3 107 2 907 2 847 2 997 M^otor vehicles and parts do 1,890 1,900 *• 1, 880 1,880 1,880 1,860 1,890 1,796 1,848 1 849 1,819 1 834 1 859 Lumber and furniture do 1,480 1.450 1,480 1,480 1,420 1,340 1,380 1,295 1,275 1,257 1,226 1,229 Stone, clay, and glass do 1 296 By stages of fabrication: 8.6 8.5 8.5 8.5 8.5 8.6 8.5 88 9 0 8 2 8 3 8 5 8 9 Purchased materials bil of dol 12.6 12.7 12.7 12.7 12.4 12.5 12.1 11.7 11 9 11.7 11 8 11 9 11 6 Goods in process do r 10.8 10.9 10.4 11.1 11.0 9.6 10.0 9.7 9.4 9.1 9.2 9.3 9 2 Finished goods do 22, 860 22, 640 22, 640 r 22, 720 22, 750 22, 810 22, 610 21 773 21 711 22 210 21 845 21 950 22 351 Nondurable goods industries total 9 mil of dol 4,710 4,670 " 4, 690 4, 750 4,850 4,940 4,604 5,010 4 944 5 098 4 628 5 021 4 824 Food and beverage do r 1, 940 2, 020 1,990 1,870 2, 060 2, 040 2,100 1, 764 1,862 1,737 1, 926 1,923 Tobacco do 1 773 r 2, 730 2,760 2, 780 2,780 2, 670 2, 600 2,510 2 576 2 563 2 445 2 431 2 451 2 481 Textile do 1, 580 1,600 1,590 1, 600 1.560 1,510 1, 530 1,499 1 442 1,444 1,466 Paper do 1,457 1 458 4. 160 4, 120 4,140 ' 4, 080 4,140 4,080 4,090 4, 000 3,777 3,809 3,944 3,853 Chemical _ do _ 3,828 3,300 3, 220 3,220 3,270 3,270 3, 360 3,340 3 398 3,349 3 347 3 398 3 443 3 399 Petroleum and coal do r 1,210 1,210 1,220 1.180 1,210 1,160 1,170 1,013 1,032 1, 114 1, 075 1,087 1 057 Rubber do By stages of fabrication: 9.2 9.0 9.0 9.1 9.2 9.3 9.3 8.7 8.8 9.0 8. 7 8.7 8.6 Purchased materials bil. of dol 3.2 3.1 3.1 3.1 '3.2 3.0 3.0 31 3.0 31 31 31 31 Goods in process do 10.4 10.7 10.6 10.4 10.4 10.4 10.5 10.4 10.3 10.0 9.9 10.2 10.1 Finished goods do § The term "business" here includes only manufacturing and trade. Business inventories as shown ' Revised. 1 Beginning January 1960, data for Ala;ka and Hawaii are included. and nonfarm. Unadjusted data for manufacturing are shown below; those for retail and wholesale trade on pp. S-9, S-10, and S-ll. on p. S-l cover data for all types of producers, both farm 9 Includes data not shown separately. SUEVEY OF CURRENT BUSINESS August 1960 S-5 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June J u ly GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS— Continued Inventories, end of month — Continued Book value (seas, adj.), total 52, 138 52, 241 52, 116 51, 892 51,515 51, 625 52, 430 53, 310 53, 900 54, 340 54, 660 r 54, 950 55, 160 do do_ _ do .do _ _ do do 30, 227 4,201 2,447 3, 365 9, 795 3 648 30, 349 4, 108 2,354 3,411 9,802 3 667 30, 145 3 980 2 254 3 328 9 826 3 680 29, 817 3, 923 2, 198 3, 117 9,741 3 630 29, 249 3, 870 2 158 2,912 9 807 3 655 29, 347 3, 986 2 253 2,918 9 731 3 639 30, 080 4, 1 20 2 390 3, 050 9 920 3 730 30, 760 4 200 2 460 3 130 10 180 3 820 31,260 4 320 2 540 3 230 10 320 3 900 31, 770 4, 450 2 610 3, 330 10 480 3 940 31, 920 4 630 2 770 3 320 10 530 3 960 r 32, 070 r 4, 700 2 840 r 3, 350 32, 180 4 810 2 940 3 310 10 (>30 4 09Q .-do ._ do _ do _ do- - 7,386 3, 149 ],7f>4 1,276 7,397 3,175 1,823 1,270 7 333 3 153 1 841 1 261 7,305 3, 165 1,860 1,277 6, 887 2 745 1,855 1 320 6, 928 2,811 1, 861 1,336 7,180 3 040 1, 870 1,360 7,380 3 100 1,910 1, 370 7 530 3 190 1*870 1 380 7,640 3 960 1 , 860 1,420 7 580 3 260 1 850 1 420 8.9 11.9 9.5 8.9 11.9 9.5 8 7 11 9 9.5 8.3 12 0 9.5 8.0 11 8 9 4 8.1 11.8 9.4 8.3 12 1 9.7 8 6 12 3 9.9 8 7 12 5 10 1 88 12 7 10 4 88 12 6 10 5 21,911 21, 892 21,971 22, 075 22, 266 22, 278 22, 340 22, 550 22, 640 22, 570 22, 730 4,928 1,819 2, 532 1,492 3, 768 3,366 1,013 4,847 1,838 2,534 1,457 3,847 3,314 1.075 4 833 1, 866 2 495 1,473 3 907 3, 332 1 113 4,832 1,930 2,516 1,471 3,970 3, 267 1, 114 4,810 1 , 955 2, 536 1,481 4,037 3,295 1,115 4,814 1,942 2,542 1,496 4,041 3, 283 1, 120 4, 790 1,980 2,530 1,510 4,030 3,320 1, 140 4,810 1,980 2,580 1,530 4,030 3,410 1,140 4 820 1 950 2 650 1 540 4 050 3' 400 1 140 4,820 1, 950 2, 670 1, 540 4, 060 3,330 1, 160 4 850 1 950 2 720 1 550 4 080 3 350 1 190 9.0 30 9.9 9.0 31 9.8 9.0 31 9 9 8.9 31 10 1 9.0 31 10.2 8.9 31 10.3 8.9 30 10.4 9.0 30 10.5 9.1 30 10 5 9.1 30 10 5 9.1 31 10 5 32, 302 29. 449 28, 558 30, 527 31, 258 28, 559 30, 610 29, 100 29 650 31, 750 29 700 Durable goods industries, total 9 do Primarv metal do Iron and steel do Fabricated metal do Machinery (including electrical) do Electrical do_ Transportation equipment (including motor vehicles) - mil. of dol 16, 936 2, 583 1,731 1,775 5, 409 2, 370 14, 424 1,749 977 1, 793 4,658 1. 897 13, 120 1, 633 G02 1 766 4 393 1,794 14,285 1,807 990 1, 876 4,941 2,124 14, 980 1,818 997 1 863 4,794 2,002 13, 299 2,149 1, 361 1 596 4,282 1,740 15, 070 2,700 1,810 1,610 4,880 1,960 14, 060 2. 290 1,450 1, 520 4,420 1,760 14,560 2 320 1 420 1 540 4' 810 1*890 15, 450 1, 780 960 1 630 5, 130 2, 100 4,039 3,161 2, 342 2,712 3,626 2,611 3,550 3,320 3 340 4, 050 3 210 r 3 390 3 600 Nondurable goods industries, total Industries with unfilled orders © Industries without unfilled orders 1 15,366 3, 465 11,901 15, 025 3, 203 11, 822 15,438 3, 399 12,039 16, 242 3, 498 12, 744 16,278 3, 622 12, 656 15, 260 3,446 11,814 15, 540 3, 560 11,980 15, 040 3, 320 11, 720 15 090 3,300 11 790 16, 300 3, 530 12, 770 15 610 3 370 12 240 r 15 020 r 3 400 r 19 160 16 000 3 580 12 420 31,404 30, 827 29, 016 30, 552 30, 449 29, 222 30, 740 29, 830 30 590 30, 290 30 350 r 30 470 30 080 Durable goods industries, total 9 do. _ Primary metal _ do_ Iron and steel do Fabricated metal _ _ do __ Machinery (including electrical) do Electrical do_-_ Transportation equipment (including motor vehicles) - mil. of dol_ 16, 133 2, 578 1,714 1,811 4, 922 2,021 15,493 2, 018 1,149 1, 793 4,893 1,928 13,974 1,689 920 1,710 4 623 1,927 14, 747 1, 957 1, 112 1,705 5, 007 2,173 15, 099 1,870 1,039 1,791 4,982 2,075 13, 721 2,141 1,338 1,818 4, 673 1,927 14, 770 2, 680 1,820 1,670 4,870 1,930 14, 190 2,230 1 , 400 1,610 4, 630 1,900 14, 800 2 200 1 300 1 610 4 840 l' 920 14, 640 1,720 930 1, 640 4 740 1, 950 14 470 1 810 990 1 710 4 760 1 880 r 14 680 14 200 1 790 1 000 1 680 4 610 2 000 3.841 3,631 3,185 3,155 3,661 2,303 2,800 3,150 3 500 3, 680 3 490 Nondurable goods industries, total Industries with unfilled orders © Industries without unfilled orders ^ _._ do do do 15, 271 3,269 12, 002 15, 334 3, 384 11, 950 15,042 3. 237 11,805 15, 805 3,533 12, 272 15, 350 3,385 11,965 15, 501 3,377 12, 124 15, 970 3, 750 12,220 15,640 3, 430 12.210 15,790 3,390 12 410 15, 660 3,400 12,260 Unfilled orders, end of month (unadj.), total do mil. of dol._ Durable goods industries, total 9 Primary metal _ _ Iron and steel Fabricated metal _ Machinery (including electrical) Electrical Transportation equipment Motor vehicles and parts Lumber and furniture Stone clav and glass Bv stages of fabrication: Purchased materials Goods in process Finished goods -~ bil. of dol do do Nondurable goods industries, total 9 --nail, of dol. Food and beverage Tobacco _ Textile Paper _ Chemical Petroleum and coal _ Rubber By stages of fabrication: Purchased materials _ Goods in process Finished goods _ _ do _ do_ . do do _ do do_ _ do bil. ofdoL do do New orders net (unadjusted) total mil of dol do _ _ - d o _ _. _ _ _ do New orders net (seas adjusted), total - do Durable goods industries, total 9 do Primary metal _ __ _ _ _ _ _ do. _ _ Iron and steel do _ Fabricated metal _ _ _.. do Machinery (including electrical) do Electrical do Transportation equipment (including motor vehicles) _ - mil. of dol Nondurable goods industries, total 0 ...do r 10 600 4 000 r 7 520 1 430 7 500 3 280 ] ' 860 1 430 88 12 7 10 6 86 12 9 10 7 22, 880 22, 990 r 5 000 r 1 960 r 1 180 5 070 1 930 2 740 1 590 4 100 3 320 1 2H) '9 1 31 10 6 9 2 31 10 6 30 210 31 220 14, 100 r 14, 590 1 680 r i 990 920 r 1 190 1 680 1 790 4 820 r 4 730 1 840 r 1 840 15, 220 1 850 1 080 1 720 5 140 2 330 r 3 260 r 1 850 r r 2 710 1 580 r 4 080 3 340 r r 1 9(]0 r r 1 150 1 700 4 7^0 r i' 880 r 3 520 3 410 15, 880 3,330 12 550 <• 15, 790 r 3, 420 r 12 370 15, 870 3, 490 19 390 r 47 750 47 490 50, 402 50, 605 50, 573 51, 068 51, 477 51, 506 51, 490 50, 850 50, 210 49, 490 48 380 46, 979 4, 950 3, 562 3,210 17,530 10, 154 47, 183 4, 914 3,540 3,243 17. 838 10, 341 47 254 5,382 4 025 3,229 17,828 10, 312 47, 852 5,971 4,579 3,207 18, 043 10, 406 48, 304 6, 520 5, 109 3,270 18, 015 10, 329 48, 298 6, 762 5,323 3,339 17, 776 10, 096 48, 130 6, 7b() 5,240 3,330 17, 790 9,980 47, 460 6,390 4,840 3,310 17,810 9,900 46 6 4 3 17 9 910 180 580 270 920 900 46 280 5,270 3 790 3,200 17 980 9 950 45 230 4 640 3 240 3 200 17 970 9 900 r d.A. ^QO 16, 366 16, 049 15, 743 15, 687 15, 743 15, 653 15, 730 15, 380 14 960 15, 160 14 800 r 3,423 3,422 3,319 3,216 3,173 3,208 3,360 3,390 3,300 3,210 r 4 380 r o 040 3 180 44 4 2 3 18 240 040 780 090 040 10' loo 14 55Q 14 500 3 150 r 3 17Q 3 250 BUSINESS POPULATION Firms in operation, end of quarter (seasonally adjusted) § thousands. 4,635 New business incorporations (49 States) eft-- number. _ 16, 208 16, 650 14, 406 14, 664 14, 526 13,015 16, 456 18, 189 14, 669 17, 437 15, 446 15, 530 16, 676 INDUSTRIAL AND COMMERCIAL FAILURESc? Failures, total number_. 1,244 1,071 1,135 1,144 1,125 1,130 1,080 1,181 1 214 1 335 1 370 1 273 1 334 111 167 203 633 130 100 137 203 518 113 122 181 187 542 103 93 191 192 563 105 102 164 221 532 106 105 186 195 520 124 89 163 231 478 119 93 193 210 587 98 103 195 196 609 111 120 241 224 607 143 121 220 215 674 140 131 214 229 564 135 49, 197 51, 197 54, 501 54, 736 50, 375 53, 214 59, 556 53, 671 60, 945 70, 193 69, 192 73, 307 126, 450 5,069 8,519 12, 143 18,234 5,232 3,147 11,328 14, 592 17, 052 5, 078 3 160 12, 061 18, 559 15 362 5,359 3 077 12 595 15, 974 16, 098 6 992 3 891 7,131 20, 980 13 050 5,323 3 027 12, 136 17,266 15 244 5,541 3 072 10 453 23, 822 13 443 8 766 3 129 11 993 16, 324 15 951 6,274 2 501 10 770 21,527 16 687 9 460 7 809 19 427 19, 170 14 116 9*671 7 065 13 661 18, 483 18 563 11 420 6 095 10 877 31, 963 17 588 6 784 22 597 18 613 41,111 28 497 15 632 53.8 49.2 53.3 58.4 50.5 55.4 49.6 51.0 50.7 51.1 54.9 54.1 57.2 Commercial service Construction _ _ _ Manufacturing and mining Retail trade . Wholesale trade Liabilities (current), total Commercial service _ Construction _ Manufacturing and mining Retail trade Wholesale trade _ _ _ ___ do do do do do thous. of dol__ do do do do do__ Failure annual rate (seas. adj.)_No. per 10,000 concerns _ r 4,655 4,670 4,690 4 710 103 213 _ 228 680 110 . Revised. 9 Includes data not shown separately. ©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. §Revised beginning with data for 2d quarter 1956; revisions prior to 1st quarter 1959 appear on p. 13 of the May 1960 SURVEY. d"Data are from Dun & Bradstreet, Inc. ^Revisions for January-September 1958 to include data for Hawaii appear in the January 1960 SURVEY; comparable data for 1955-57 are available upon request. SURVEY OF CURRENT BUSINESS S-6 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1060 1959 June July 1960 DecemAugust SeptemOctober November ber ber January re aryU" | **"* April May June j July COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS Price^ received all farm products t 1910— 14— 100 242 241 239 240 235 231 230 232 233 241 242 241 236 238 229 205 277 163 199 226 211 289 161 199 220 203 281 159 201 220 220 280 156 198 218 230 274 149 203 217 242 260 150 206 218 262 254 149 206 220 278 248 151 206 218 256 237 153 208 222 249 238 153 210 225 255 244 158 209 228 283 248 158 209 221 223 251 158 199 226 247 265 156 194 223 228 281 509 206 222 232 508 210 214 162 511 228 204 146 511 213 208 147 509 197 216 168 499 198 215 174 494 203 216 188 484 211 216 189 494 228 213 223 494 211 216 257 494 216 218 245 494 239 216 203 494 235 213 239 493 253 231 330 125 241 253 242 316 140 248 255 252 314 139 249 257 267 308 143 244 250 277 292 138 235 243 280 276 139 230 240 273 268 148 234 242 266 279 144 239 245 261 287 142 240 257 256 309 153 243 257 244 310 163 250 252 237 310 153 253 248 234 305 148 248 249 244 302 148 240 275 288 266 275 288 266 274 288 265 275 290 264 275 291 264 275 291 264 275 290 265 276 289 266 276 289 267 278 291 268 277 291 267 275 290 265 275 290 263 298 '297 297 297 296 297 297 299 299 300 302 301 299 298 81 81 80 81 79 78 77 78 78 80 80 80 79 80 124.5 124.9 124.8 125.2 125.5 125.6 125.5 125.4 125.6 125.7 126.2 126.3 127.5 122.2 116.6 118.2 112.8 145.4 127.9 122.7 117.0 118.7 113.1 145.8 128.2 122.4 116.6 118.3 112.8 146.3 128.7 122.9 117.0 118.8 112.8 146. 9 129.2 123.2 117.3 118.8 113.6 147. 3 129.5 123.1 117.2 118.6 114.1 147. 6 129.5 123.1 117.1 118.5 113.8 147.8 129.4 122.9 116.7 118.1 113.3 148.2 129.7 123. 0 116.7 118. 0 113.3 148. 9 129.7 123.1 116.7 118.3 112. 5 149.2 129.8 123.7 117.4 119.4 112.1 149.4 129.7 123.8 117.3 119.4 111.9 149.6 129.7 124.0 117.6 119.8 111. 5 149 7 do _ _ do 107.3 118.9 112.3 134.5 111.6 107.5 119.4 113.3 130.8 112.0 108.0 118.3 114.1 125.6 109.9 109.0 118.7 115.5 124.1 110. 4 109.4 118.4 116. 1 124.5 109. 0 109.4 117.9 116.0 123.4 107.9 109.2 117.8 116.7 125. 5 106.6 107.9 117.6 116.5 125.7 106.4 108. 4 117.4 116 5 125. 9 106. 2 108.8 117 7 116 4 125.0 107.2 108.9 119.5 115.3 129.9 109.3 108.9 119.7 115.0 132.9 109.7 108 9 120 3 115 0 136. 1 110 3 do__ _ do _ _ do __ _ do do _ do 128.9 119.3 104.1 139.5 150. 6 131.1 129.0 119.5 104.0 139. 6 151. 0 131.3 129.3 120.1 103.6 139.8 151.4 131.7 129.7 121.6 104.0 140.0 152.2 132.1 130.1 121.7 104.1 140.4 152.5 132.5 130.4 121.7 104.4 140. 5 153. 0 132.7 130.4 122.7 104.2 140.8 153.2 132.9 130.7 123.2 104.0 140. 9 153.5 132.7 131.2 124. 0 104. 3 141.0 154. 7 132. 6 131.3 124.1 104.7 141.2 155.0 132.7 131.4 124.4 104.7 141.4 155. 5 132.9 131.2 124.7 104.3 141 . 4 155. 9 133.2 131 3 124.7 104 3 141 6 156 1 133 2 118.1 145.9 134.9 192.7 129.2 119.1 146. 3 135.2 194.2 130.8 119.1 146. 7 135.5 194.9 131.1 119.6 146.4 135. 3 194. 9 131.5 119.7 148. 5 137. 4 195.9 131.6 120.0 149.0 137.9 196.0 131.6 120.4 148.7 137.5 197.2 131.7 120.3 147.6 136.3 197.2 131.8 120. 6 147. 5 136. 0 199. 3 131.8 120.9 146 5 134.9 199.4 131.7 121.1 146.1 134.4 199.4 131.9 121.4 145. 6 133.9 199.4 131.9 121 145 134 199 132 119.7 119.5 119.1 119.7 119.1 118.9 118.9 119.3 119 3 120 0 120.0 119.7 119 5 1 10 7 98.1 127.1 120.5 96.4 127.2 120.5 95.6 127.0 120.2 95.9 126. 9 121.4 94.4 127.1 120.5 93.6 127.3 120.0 93.4 127. 3 120.1 94.6 127.5 120.6 94.8 127.4 120. 5 96.4 127. 5 121.4 96.3 127.6 121.4 96.0 127.1 121.2 95.3 94.8 127.0 121.7 105. 2 146. 1 105.0 146. 1 104.4 146.2 105.0 146.4 104.2 146.4 103.7 146.7 103.8 146 6 104.3 146 8 104. 3 146 £ 105.5 146 5 105.6 146.5 105.2 146 1 Farm products 9 _ _ _ _ _ _ d o __ Fruits and vegetables, fresh and dried do Grains do Livestock and live poultry _ _ _ do 89.8 100. 9 78.2 89.5 88.4 98.5 78.2 84.8 87.1 92.8 77.7 83.1 88.9 103.1 76.2 82.1 86.5 102.2 75.7 78.5 85.4 103. 2 76.5 75.3 85.9 107.9 76 1 76.0 86 104 77 78 5 9 2 5 87.0 100 5 76 7 80.8 90 104 78 86 4 4 2 2 91.1 111.5 79.4 85.7 Foods, processed 9 Cereal and bakery products Dairy products and ice cream _ Fruits and vegetables, canned and frozen Meats, poultry, and fish _ _ _ _ do do do _. do do _. 108.1 119.2 111.9 111.1 101.9 107. 5 119. 5 113.9 110.6 99.3 105. 8 119.5 114.7 107.9 94.8 107.8 119.5 116.2 106.9 99.7 106. 4 120.4 116.7 107.4 95.1 104.9 120.4 117.7 106.4 90.8 104.7 120.4 118. 1 104.6 90.5 105 6 120. 7 118 8 104.5 92 4 105 7 120. 6 118.4 105. 0 93.1 107 3 120.8 117. 7 105. 8 97.8 Commodities other than farm prod, and foods _do _. 128.2 128.4 128.4 128.4 128.4 128.5 128. 6 128.8 128.7 do do __ do _. do do do 110.0 123.8 93.4 58.4 107.6 128.3 109.9 123.9 93.7 55.3 107.4 128.3 109.7 123.7 93.6 53.8 104.8 128.3 109.9 123.8 93.7 55.0 105. 2 128.3 110.0 123.9 93.8 54.5 106.3 128.3 110.0 123.9 93.8 52.2 106.6 128 3 110.0 124 0 93.7 50 8 107.0 128 3 109.9 124.1 93.8 49.2 108.8 128.3 Fuel, power, and lighting materials 9 do Coal _ _ _ do Electric power January 1958=100-Gas fuels do Petroleum and products __ 1947-49=100. 111.2 119.8 100.8 106. 8 115.0 111.1 121.1 100.8 105.8 114.8 112.2 122.0 100.6 109.2 116.2 111.9 123.0 100.8 112.8 115.1 111.4 123.6 100.7 111. 1 114.5 111.2 124.0 100.7 113.8 113.9 111.7 124 1 101.2 115.5 114.3 Furniture, other household durables 9 Appliances, household _ _ __ Furniture, household Radio receivers and phonographs Television receivers 123.6 105. 1 124.0 89.9 69.6 123.8 104.4 124.2 90.3 70.9 123.5 104.4 124.2 89.8 70.1 123. 4 104.3 124. 1 87.7 70.1 123. 3 103.9 124.4 87.7 69.5 123.3 104.1 124 3 87.7 69.2 123.2 103 7 194 2 87.8 69.2 Crops Commercial vegetables Cotton Feed Trains and hay Food grains - - _ _ - - do do _ __ _ do do __ - - do __ Fruit Oil-bearing crops - - Potatoes (incl dry edible beans) Tobacco do do do - do Livestock and products do Dairv products do Meat animals - do _ Poultry and eggs do __ Wool do_ Prices paid: All commodities and services do Family living items do Production items do All commodities and services, interest, taxes, and wage rates (parity index) 1910-14=100__ Parity ratio § - do CONSUMER PRICES (U.S. Department of Labor indexes) A. 11 items - 1947-49=100— Special group indexes:* All items less food _ _ do_ _ All items less shelter do __ All commodities _ do Nondurables do Durables do Services do Apparel Food 9 Fruits and vegetablesMeats, poultry and _ fish _ _ Housing 9 _ Gas and electricity Housefurnishings Rent Medical care __ Personal care _ Reading and recreation Transportation Private __ Public Other goods and services _ - _ _ do _ d o _ _ do __ do do do do _ _ WHOLESALE PRICEScf (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 goodsO . ._ do By durability of product:* Nondurable goods do Durable goods do Chemicals and allied products 9 Chemicals, industrial Drugs and Pharmaceuticals Fats and oils, inedible Fertilizer materials__ __ Prepared paint r do do_ _ do do __do_ _ 276 288 267 r T 1 126. 5 r 127. 1 8 1 7 0 0 121.1 ' 145. 8 105. 5 145.7 90.4 116 9 77 8 85.8 89.0 109.7 77.5 85.1 112.9 75.5 84.1 106. 8 120. 9 115.6 105. 8 96.7 107 3 121.2 114 9 106. 3 98 5 107. 6 121.2 116. 0 106. 9 ••98.1 108.8 122.6 117.3 107.4 99.5 128.6 128.7 128 2 128.2 128.2 110.0 124 2 94.0 49 4 108.8 128 3 110.1 124 2 94.2 50 6 108.8 128 3 110.2 124.4 94.5 51.7 108.8 128.3 110.2 r !24 6 94 8 50 2 108 8 128 3 110.2 <• 124. 6 95.1 '47.9 108.8 128.3 110. 4 124.7 95.1 47. 7 110. 6 128.4 111.9 124. 1 101.3 116. 6 114.4 112.0 124 1 101.8 114.5 114.6 112.3 124 0 101.8 115.6 115 0 112.2 119.0 101.8 115.6 115.4 110.8 118 7 101. 7 111.6 113 6 112.3 113.7 120.3 102.0 113. 7 117.9 123.4 103.3 124 7 87.7 69.0 123.5 103 3 124 9 87.8 69.1 123. 7 103 2 124 9 87.8 69.1 123.5 103.1 124 9 87.8 69.0 123.2 102 1 125 0 87.8 69.0 r 105. 2 r 119.5 101. 8 '112.2 116.0 ' 123. 0 r 101. 7 r 124 9 '87.1 69.0 88.9 123.0 101 7 124 9 87.1 69.0 Revised. 1 Index based on 1935-39—100 is 211.5. JRevised beginning January 1958 to incorporate price revisions for individual commodities; revisions for January 1958-March 1959 will be shown later (revisions for 1952-57 appear on p. 24 of the November 1959 SURVEY). §Ratio of prices received to prices paid (including interest, taxes, and wage rates). *New series; data prior to August 1958 are available upon request. 9 Includes data not shown separately. cfFor actual wholesale prices of individual commodities, see respective commodities. O Goods to users, including raw foods and fuels. SURVEY OF CURRENT BUSINESS August 1060 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-7 1960 1959 June July DecemOctober NovemAugust September ber ber January February March April May June July COMMODITY PRICES—Continued WHOLESALE PRICEScf— Continued U. S. Department of Labor indexes—Con. Commodities other than farm, etc.—Con. Hides, skins, and leather products 9.1947-49=100. Footwear do— Hide? and skins _do___ Leather do... Lumber and wood products do.__ Lumber do— Machinery and motive products 9Agricultural machinery and equip Construction machinery and equip§ Electrical machinery and equipment Motor vehicles _" _do.._ do— do... do— do... r 111.2 132. 5 72.9 103. 5 123.7 124.9 110. 3 132.5 07.1 103. 0 ' 122.4 1 110.2 132. 5 68.0 102.2 121. 4 121.6 154.0 145.6 174.7 11 155. 6 141.6 153. 5 145. 7 175. 3 '153.9 141. 6 153. 4 r 145. 7 175. 3 * 153. 9 141.6 153. 4 145. 7 175. 5 153.9 141. 6 119.3 130.6 107.7 118.7 128.3 129.9 119.7 132.3 106.9 117.3 128.5 130.3 119.1 132.3 102.4 117.1 127.2 129.3 116.2 133. 5 87.5 112.2 126. 2 127.9 111.7 133.8 67.2 103.8 124.3 125. 8 112.3 134.1 73.8 103. 5 124.8 125.9 112.7 134.2 73.7 105.5 125.1 126.1 112.0 134.2 69.8 104. 8 124.9 126.1 111.8 134.2 72.0 102.8 124. 5 125.9 112.1 133.5 73.5 104, 7 124.3 125. 7 153.0 143.5 171.7 154.0 143.2 153.6 143.4 171.8 ••155.8 143.2 153.8 143.4 172.0 T 155. 5 143.2 153.9 143.5 172.4 '155. 8 143.2 153. 7 143. 4 172.5 ^155. 9 141.9 153.6 143.9 172.9 r 155.9 141. 6 153.7 144.0 172.9 '"155.4 141. 6 153. 8 144.3 173.6 M55.8 141.6 153.9 145.3 173.9 '155.7 141.6 153.9 145.3 174.3 M55.6 141. 6 118.9 130.2 106. 7 120.1 128.9 130.4 T r 123. Metals and metal products 9 Heating equipment Iron and steel Nonferrous metals do... do... do... do... 153.3 121.7 171.3 136.1 152.7 121.7 171.8 133.8 152.8 121. 6 171.9 133.9 153. 8 121.4 172.4 136.1 154. 5 121.5 173. 1 137.2 155. 8 121.5 173.6 141.1 155.2 121.6 172.2 140.7 155. 5 120.9 172.4 142.7 155.3 120.3 171.6 142.6 154.5 120. 1 170.5 140.8 154.5 120.1 170.5 140.5 154.2 120.2 170.4 140.0 'r 153. 8 120. 0 109. 9 r 138. 9 153. 4 118.9 169. 5 138.6 Nonmetallic minerals, structural 9 Clay products Concrete products Gypsum products. do.. do. do. do. 137.4 160.4 129.7 133.1 137.5 160.6 129.9 133.1 137.4 160. 5 129.7 133.1 137. 5 160.5 130.2 133.1 137.5 160. 4 130.3 133.1 137.7 160.6 130.3 133.1 137.8 100. 7 130.4 133.1 138.4 161.3 130.5 133.1 138.2 161.5 131.1 133.1 138.2 161.5 131.0 133.2 138.3 161.5 131.3 133. 2 <• 137. 9 161. 7 131. 5 133.2 <• 137. 8 161.7 131.3 133.2 137.8 161.8 131.3 133.2 Pulp, paper, and allied products Paper Rubber and products Tires and tubes do.. do.. do.. do.. 132.3 143.3 146.6 150.0 132.4 143.6 146.4 150.0 132.3 143.7 141.0 134.3 132.4 143.8 142.0 134.3 132. 5 144.3 142.3 133.3 132.3 144.3 144.9 133.3 132.4 144.3 142.5 133. 3 133.7 144.5 143.5 133.3 133.2 144.5 145.1 138.1 133.1 144.8 145.2 138.1 133.1 145.1 145.1 138.1 133.4 145.9 146.7 138.1 r 133. 5 145.9 r 147. 2 138.1 133.5 145.9 146.1 139.2 Textile products and apparel 9 Apparel Cotton products Silk products Manmade fiber textile products Wool products do.. do__ do__ do__ do.. do__ 94.9 99.6 91.6 114.2 81.5 102.2 95.3 99.9 91.9 113.4 82.2 103.3 95.7 100.4 92.1 113.7 82.3 104.3 95.9 100.6 92.6 113.2 82.1 104.7 95.9 100.6 93.0 114.2 81.0 104.1 96.3 100.9 94.0 117.4 81.4 103.7 96.7 100.9 95.0 121.7 81.3 104.2 96.6 100.8 95.9 122.0 79.4 104.0 96.5 100.6 95.8 119.5 79.8 103.2 96.3 100.7 95.6 116.6 79.4 102.8 96.3 100.7 95.0 118.0 79.4 102.7 96.3 100.6 94.8 118.7 79.7 102.4 96.3 100.8 94.8 121.6 79.6 102. 1 96.3 101.0 94.7 123.3 79. 6 102.1 Tobacco prod, and bottled beverages 9 Beverages, alcoholic Cigarettes. Miscellaneous Toys, sporting goods do__ do__ do__ do.. do.. 132.2 121.7 134.8 91.0 117.0 132.2 121.8 134.8 92.9 117.5 131.9 121.0 134.8 92.0 117.7 131.8 120.9 134.8 88.6 117.7 131.7 120.7 134.8 91.8 117.7 131.7 120.7 134.8 93.7 117.7 131. 7 120.7 134.8 94.2 118.0 131. 7 120.5 134. 8 95.3 117.7 131.7 120.6 134.8 93.4 117.8 131.7 120.6 134.8 94.0 117.8 131.7 120. 6 134. 8 95.4 118.3 131.7 120.6 134.8 91.1 118.3 131.7 120. 6 134.8 90.9 118.3 131.2 120. 6 134.8 90.8 118. 6 83.5 80.3 83.7 80.1 84.0 80.1 83.5 79.9 84.0 79.7 84.1 79.6 84.1 79.7 83.8 79.7 83.8 79.6 83.3 79.6 83.3 79.2 83.5 79.2 83.7 179.1 183.5 PURCHASING POWER OF THE DOLLAR As measured byWholesale prices Consumer prices 1947-49=100.. do... CONSTRUCTION AND REAL ESTATE - CONSTRUCTION PUT IN PLACE} New construction (unadjusted), total. mil. of dol__ Private total 9 do Residential (nonfarm) 9 „_ do. New dwelling units do Additions and alterations do _ Nonresidential buildings, except farm and public utilitv total 9 mil. ofdol Industrial do Commercial do _ Farm construction do Public utility do. . Public total _ _ _ _ _ _ _ _ do Nonresidential buildings _ Military facilities Highway _ Other types _ _ do do _ do do New construction (seasonally adjusted), total Private, total 9 Nonresidential buildings Military facilities _ _ Highway.. _ 5,258 5,265 5,102 4,880 4,421 4,075 3,686 3,482 3,762 4,120 4,539 4,878 3,647 3,657 3,574 3,460 3,302 3,062 2 712 2 596 2 774 2 944 3 176 3 392 (2) 2,096 1,583 448 2,151 1,625 458 2,134 1,622 441 2,105 1,619 416 2, 036 1, 565 403 1,904 1,457 1,718 1,322 324 1 476 1,140 266 1 348 1, 023 257 1,483 1, 121 294 1 626 1 192 365 I 755 1 252 429 1 910 1 358 474 (2) 762 161 364 173 475 801 167 379 187 489 811 175 369 197 496 773 166 352 183 493 770 171 348 155 477 790 185 354 136 449 789 200 341 121 411 757 209 310 101 356 763 218 314 103 363 745 213 305 113 414 736 207 300 125 438 770 206 324 143 485 815 208 349 155 487 1,637 1,611 1,608 1,528 1,420 1,119 1,013 974 886 988 1 176 1 363 1 486 408 159 654 416 406 127 678 400 412 133 656 407 380 129 625 394 368 117 568 367 321 109 370 319 320 98 286 309 326 80 280 288 305 56 250 275 331 86 265 306 375 79 390 332 393 90 516 364 409 93 616 368 do 4,705 4,671 4,566 4,427 4,313 4,221 4,331 4,489 4,521 4, 522 4,480 4, 488 4,449 do. _ 3,287 3,301 3 260 3 196 3, 129 3,085 3,144 3 211 3 230 3 216 3 181 3 175 3 164 1,939 1,924 1 875 1 855 1 811 1 748 1 760 1 804 1 779 1 776 1 763 1 753 1 758 742 163 344 145 447 764 170 351 148 449 772 175 347 152 444 734 168 329 153 436 718 169 318 155 423 731 180 317 158 424 769 196 331 161 428 797 203 345 137 445 833 218 363 133 460 813 215 344 133 471 804 211 339 132 462 802 210 338 130 470 797 210 332f 12 ) 460 1 418 1 370 1 306 1 231 1 184 1 136 1 187 1 278 1 291 1 306 1 299 1 313 1 95}fi 381 139 511 379 113 514 372 113 475 345 102 443 338 95 418 330 105 381 347 111 381 359 95 483 Residential (nonfarm) do Nonresidential buildings, except farm and public utility, total 9 mil. of do! Industrial do Commercial.. do. .. Farm construction _ do Public utility.. do. _ Public, total 9 5,160 3,523 do do _ _ do_ _ do (2) (2) (2) m 19,} __ c>\ 371 357 377 390 381 77 115 95 90 82 481 482 481 482 481 '1 Revised. ° Revisions prior to June 1960 are as follows (1947-49=100): 1958—November, 152.2; December, 152.1; January-May 1960—152.3; 152.3; 152.8; 152.7; 153.8. Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 43.7 (July); consumer prices, 47.3 (June). 2 Data (from Bureau of the Census} on new basis reflecting the revised, higher level of housing starts and including Alaska'and Hawaii are as follows (mil. dol.): June and July 1960 (unadj )— Total new construction, 5,037; 5,182; total private, 3.535; 3,660; private residential, 2,076; 2,151; total public, 1,502; 1,522; June and July 1960 (seas, adj.)—Total new construction 4 633- 4 627total private, 3,318; 3,334; private residential, 1,914; 1,919; total public, 1,315; 1,293; June and July 1959 (unadj.)—Total new construction, 5,263; 5,408; total private 3 629- 3 792- private residential, 2,274; 2,372; total public, 1,634; 1,616; June and July 1959 (seas, adj.)—Total new construction, 4,826; 4,813; totalpriva"~ " """ 3,439; " '"" private ' ' residential, " " * 2,100; 2,118; total public, 1,428; ~~ 1,374. - —• vate, 3,398; cTSee corresponding note on p. S-6. 9 Includes data not shown separately. §Revised beginning with data for September 1955; unpublished revisions (prior to November 1958) will be shown later. ^Revisions for January-September 1958 are shown in the November 1959 issue of "Construction Activity" report of Bureau of the Census. SURVEY OF CURRENT BUSINESS S-8 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1000 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July CONSTRUCTION AND REAL ESTATE—Continued CONSTRUCTION CONTRACTS Construction contracts in 48 States (F.W. Dodge Corp.): Valuation, total mil. of dol._ Public ownership Private ownership, _ By type of building: Nonresidential Residential Public works, Utilities 3, 659 3,657 3,084 3,058 3, 135 2,373 2,224 2, 193 2. 240 3,046 3,360 3,337 3,472 1,167 2,492 1,186 2,470 850 2,234 840 2. 218 914 2,220 701 1,672 711 1,513 727 1, 466 702 1, 537 1,075 ] , 971 1,067 2,293 1,025 2, 312 1,237 2, 236 _do do do do 1,055 1,762 604 238 1,191 1, 690 631 144 961 1, 551 458 114 1. 006 1. 4f>6 379 207 1, 003 1,515 455 161 801 1,092 394 86 790 993 383 58 801 927 353 111 698 988 413 141 1 , 067 1.294 566 120 1,048 1,480 654 178 1,110 1.453 494 281 1,110 1,483 693 186 do 1,877 2,482 1,495 1, 538 1,494 1,458 1,590 1.265 1,402 2,001 2,005 1,803 2,885 10, 222 1,088 5,792 3,342 11, 734 977 6,642 4,116 6.971 464 2,469 4, 039 6,703 283 3,000 3,420 4, 604 i -213 2, 565 2, 252 5,315 390 2, 902 2, 023 6, 900 372 2, 553 3, 975 7, 410 1,069 4,791 1,550 5, 961 223 4, 370 1,369 7, 826 415 5, 267 2,145 8, 406 335 5, 482 2,589 9,963 309 6,202 3,452 11,069 1,284 5, 784 4,000 136.7 128.8 129. 3 120.3 105. 5 92.5 83.7 76.3 76. 5 97.8 110.4 (2) do do do 131.1 90.5 5.6 127.2 87.3 1.6 125.1 84.1 4.2 116.9 80.4 3.4 102.2 73.9 3.3 90.7 63.9 1.8 83.0 58.9 .7 75.0 53. 1 1.3 74.2 51.9 94.7 62.2 3.1 108.9 69.5 1.5 do 1, 368. 0 1,375.0 1, 340. 0 1,323.0 1, 180. 0 1,210.0 1,330.0 1, 216. 0 1.115.0 1,125.0 1,135.0 112.9 109. 4 85.2 4.4 19.7 3.5 102.9 102.1 80. 6 4.1 17.4 .8 88.9 86.0 66. 5 4.3 15.3 2.9 69.7 68.1 51.3 3.2 13.5 1.6 67. 1 66. 0 48.5 2.9 14.6 1.1 57.7 57.0 41.7 2.8 12.5 .7 60. 6 60. 5 45.7 2.9 11.9 84.3 81.2 61.1 3.9 16. 2 3.1 92.4 91.3 69.6 3.8 17.8 1.1 do _ _ d o ._ Engineering construction: Contract awards (ENR)§ Highway concrete pavement contract awards: & Total thous of SQ yd Airports do Roads do Street^ and alleys do NEW DWELLING UNITS New permanent nonfarm dwelling units started: Unadjusted: Total, privately and publicly owned.. - thousands. _ Privately owned total Tn metropolitan areas Publicly owned Seasonally adjusted at annual rate: Privately owned total Residential construction authorized, all permit-issuing places:! Newr dwelling units total thousands Privately financed, total__ __ _ do _. Units in 1-family structures do .._ Units in 2-family structure^ do Units in multifamilv structures do Publicly financed total do 97.4 96.7 76.4 3.7 16.6 .7 95.8 92.8 71.7 3.9 17.2 3.0 (2) CONSTRUCTION COST INDEXES Department of Commerce composite* 1947 49 100 American Appraisal Co., The: Average. 30 cities 1913=100.. Atlanta do New Vork do San Francisco do St Louis do Associated General Contractors (all types) do E. H. Boeckh and Associates:^ Average, 20 cities: Apartments, hotels, and office buildings: Brick and concrete U.S. avg. 1926-29=100.. Brick and steel do Brick and wood . do _ _ Commercial and factory buildings: Brick and concrete . _ do Brick and steel do Brick and wood _ do .. Frame do Steel ... do __ Residences: Brick do _ Frame do Engineering News-Record:© Building' 1947-49=100. _ Construction do Bu. of Public Roads— Highway construction: Composite, standard mile (avg. for qtr.)_.1946=100__ 141 142 142 142 142 143 144 142 143 143 143 144 144 705 771 755 658 688 516 707 771 769 658 689 522 709 771 769 659 690 522 709 772 776 660 689 525 712 778 778 669 690 526 713 779 778 669 690 526 714 779 778 670 690 526 714 779 778 670 691 527 715 787 778 674 691 527 716 787 778 674 691 529 717 789 778 674 693 529 719 789 778 674 696 530 720 789 778 674 696 535 537 307.6 297. 5 294.3 308.4 298. 2 295.0 308.9 298. 6 295.3 309 2 298.8 295.5 309.1 298.8 295.4 309.6 299.2 295.9 310. 1 300.3 296. 3 310. 5 300. 6 296. 5 312.2 302. 6 298.1 311.4 301. 6 297.6 312.0 302.0 298.0 313.3 302. 7 298.9 314. 6 303.2 299.1 314.7 302.7 298.5 319.7 317.3 294.1 291.1 301.7 320.5 318.0 294. 7 291.8 302. 2 321.0 318.4 295. 0 292. 0 302. 5 321.2 318.6 295.1 292.2 302.6 321. 2 318.6 295. 0 292.2 302.6 321.6 319.0 295. 5 292.6 302.9 322.2 319.6 296. 1 293.2 303.8 322.7 320.0 296. 3 293. 6 304.0 324. 0 321. 5 298. 4 294. 6 305. :i 323.5 320. 9 297.8 294. 1 304.6 324.1 321.4 298. 2 294. 6 304.9 325. 6 322.6 299.1 295. 6 305.6 327.1 322. 2 299.8 296. 0 303.2 327.7 321.3 299.2 295. 6 301.3 295.0 285. 0 295.6 285.6 296.0 285.9 296. 2 286. 1 296. 2 286.1 296.6 286.5 297.3 287.2 297.6 287. 5 299. 1 288. 8 298. 6 288.2 299.0 288. 7 299.9 289.5 300. 5 289.8 300.0 289.2 163.2 177. 9 163.9 178.9 164.4 179.2 164.3 178. 9 163.9 178.6 163.3 178.3 164.0 179.2 164.3 179.4 164. 2 179. 5 164. 2 179. 9 164.9 181.6 165.6 182.5 166 0 183.1 166. 0 183.3 137.1 134. 4 138.2 137.3 133. 7 CONSTRUCTION MATERIALS Output index, composite, unadj. 9 © Seasonally adjusted 9 © Iron and steel products unadi Portland cement u n a d j 1947-49=100.. 3 r 162. 2 3 151.7 do 191.2 do 3 146. 2 200.1 do 137.3 141.9 106. 1 136. 8 204.5 132.8 119.7 73.9 144.3 208.2 131.8 125.3 64.1 146.0 195.0 132.8 116.7 65. 3 150.8 186.2 118.0 123.7 87.7 130.4 156.1 124.4 144.5 125.4 130.2 144.2 120.6 128.6 125. 6 127.2 111.7 120.8 136. 7 115.6 133. 3 96.2 132.3 137. 1 125.0 142.8 110.2 135.5 132.9 129.0 141.0 161.6 146.3 190.4 523, 850 227, 297 503, 596 202, 142 510,029 220, 711 523,314 237, 577 447, 928 219,605 450, 999 241, 176 417,016 195, 331 367, 640 169, 641 360,916 173, 143 335, 700 152, 633 322, 483 155, 139 REAL ESTATE Home mortgages insured or guaranteed byFed. Hous. A dm.: Face amount thous. of dol__ 520, 515 221, 169 Vet. Adm.: Face amount-. .. . . . . ._ -_do_ Federal Home Loan Banks, outstanding advances to 1, 537 member institutions mil of dol New mortgage loans of all savings and loan associa1,555 tions, estimated total mil. of dol__ By purpose of loan: 554 ITome construction do 674 Home purchase do 327 All other purposes do New nonfarm mortgages recorded ($20,000 and under), 2,974 estimated total mil of dol 3,946 Nonfarm foreclosures number Fire losses.. thous. of dol._ 77, 867 1,557 1,665 1,795 1, 916 1,963 2,134 1,740 1, 628 1,520 1,558 1,529 1,421 1,374 1,329 1,086 1,094 881 992 1, 165 1,173 520 695 315 472 662 287 450 645 278 465 590 274 373 486 227 377 465 252 292 386 203 344 413 235 411 468 286 411 471 291 3,100 3,768 82. 334 2,871 3,494 74, 660 2,834 3,421 83, 027 2.799 3, 583 71, 160 2,442 3,378 78, 582 2,487 3,727 96, 444 2,079 3, 630 92, 949 2, 149 3, 470 96, 782 2,406 4, 145 116,365 2,366 2,500 98, 106 86, 940 r 364, 909 174, 557 1,574 1,770 1,256 1,420 M43 r 520 r293 469 612 339 82, 829 2 r .v. ,,,wi i Negative figure due to termination of contract reflected in earlier data. Data according to new series recently issued by Census are as follows (thous. units): Total A Revised, ifarm (public and private)—April, May, and June 1960, 123.3; 128.4; 127.8; April, May, and June 1959, 154.3; 154.3; 152.0; seas. adj. annual rate, private only—April, May, and June 1960, nonfarn 3 )60- 1 3170' 1 3160- April May and June 1959, 1,599.0; 1,580.0; 1,563.0. Revisions for April and May 1959: Composite—unadj., 150.3; 152.5; seas, adj., 147.9; 142.5; lumber and wood 1,306.0; prod. (May only), 142.9. §Data for July, October, and December 1959 and March and June I960 are for 5 weeks; other months, 4 weeks. Contracts in Alaska and Hawaii are included beginning 1960. cf Data for July, September, and December 1959 and March and May 1960 are for 5 weeks; other months, 4 weeks. {Revisions for January-March 1959 for residential construction authorized and minor revisions prior to 1958 for Department of Commerce composite are available upon request. iCopyrighted data; see last paragraph of headnote, p. S-l. ©Data reported at the beginning of each month are shown here for the previous month. 9 Includes data for items not shown sep arately. ©Revisions for 1955-58 for the composite index of construction materials output and for lumber and wood products are in the September 1959 SURVEY (p. 20) and the February http://fraser.stlouisfed.org/ 1960 SURVEY (bottom p. S-8). Federal Reserve Bank of St. Louis SUKVEY OF CURRENT BUSINESS August 1060 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-9 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March May April June July DOMESTIC TRADE ADVERTISING Printers' Ink advertising index, seas, adjusted: Combined index 1947-49=100 Business papers do Magazines - do. _ Newspapers Outdoor Radio (network) Television (network) _ do - do _. do 1950-52=100 - Television advertising: Network: Gro Q s time costs total thous of dol Automotive, including accessories _ - do _ Drug's and toiletries do Food5* soft drinks confectionery do _ Soaps cleansers etc do All other Spot (national and regional): Gross time costs, quarterly total . _ _ _ do _ do _ Drugs and toiletries Foods Q oft drinks confectionery - do . do Soaps, cleansers, etc do All other do Magazine advertising: Cost, total ._ _ Apparel and accessories Automotive, incl accessories Building mpterials Drills and toiletries Foods soft drinks confectionery 225 235 171 233 226 185 222 235 175 230 241 173 242 242 195 224 244 184 230 235 180 227 226 182 239 246 189 241 247 198 238 256 191 245 258 195 200 156 27 471 217 159 24 474 208 165 19 437 216 149 20 462 213 188 24 484 167 158 21 492 206 121 25 487 202 148 21 471 207 164 26 495 216 155 24 468 209 160 19 473 225 166 23 472 48 086 3, 406 14.415 9, 353 47 544 46 641 3,271 13, 404 8,971 48 447 3. 104 13, 525 8 78? 59 031 5. 400 16, 525 58 328 4, 978 58 669 58 603 4, 756 17, 357 11,921 10, 922 12, 126 11,826 578 495 875 354 55, 923 15,786 3,874 16,631 57 718 13, 931 9,601 11.596 14, 896 10, 782 55, 470 5, 056 15, 078 10. 059 5,323 5 829 9,759 5, 597 6 189 5 153 6 352 5 622 5 996 6 Oil 6 020 5 689 6 126 9,490 11.418 13,153 5, 595 6 416 14, 028 5 8?9 7 302 9,226 5 364 6 108 15, 170 11,061 11,040 6 419 6 427 12, 047 13,144 165, 732 5 435 34, 542 54, 440 167, 981 6 102 32. 489 54, 355 23, 322 7 770 44 554 19, 324 7 506 34 934 18,318 9 023 43 974 20, 449 11 038 43 548 Beer wine, liquors _ _ _ do Household equip , supplies, furnishincs _ _ d o _ _ _ Industrial materials - do _ Soaps, cleansers, etc - - do Smoking materials do All other do _ thous. of lines _ Automotive Financial General Retail do do do do _ 55 4, 16 11 129, 553 5 177 26, 534 36, 078 66, 405 2, 669 7, 645 3,423 Linage, total 4,424 17 276 158, 904 5 744 26, 491 51, 023 do _ _ _ _ _ do - do . _ do do do Newspaper advertising linage (52 cities), total.. _do Classified do Displav total do 3,000 46, 054 083 4, 870 1,674 5, 566 51,025 4,483 69, 709 4, 250 1,404 5,157 3, 828 7,926 8,292 4,224 3,587 5, 963 3,014 3, 675 608 1,882 3,127 3, 554 3, 539 479 7, 351 9,128 4,423 1,002 2, 546 18, 031 12,569 2,448 14,292 7,482 4,778 90,211 5,846 12,806 3,603 7,839 86, 117 5,424 9,483 69, 130 3,201 78, 529 5, 532 7,877 2.411 6, 392 10, 973 8,332 4,254 8,905 44, 468 1,786 5, 067 1,145 4,314 6, 91 8 11,608 7,515 5, 010 1,893 2,153 3,808 4,238 3, 866 6, 166 60, 820 3,444 4, 332 1,101 6, 147 11, 036 2,514 8, 235 11, 807 4,135 6 002 5, 523 9,014 4,826 6,014 7, 655 5,977 5,733 3,794 2,748 691 2,518 21. 343 1, 075 942 2,354 2,237 547 2, 365 25, 138 26, 074 547 1,592 16, 303 6, 325 7, 782 17,661 4, 252 877 2,608 22, 494 6, 587 4,497 863 1,978 24, 848 4,527 6, 089 6 486 5, 755 6 410 13, 112 88, 366 6, 534 86, 863 11,599 5,446 6,548 2,779 10, 353 7, 763 3, 515 7, 762 69, 372 4,839 6, 509 10, 709 7, 650 4,324 8, 546 5, 657 1,205 2,093 25, 745 10,115 9,929 4, 594 8,812 5, 929 1,076 2, 464 24, 482 3, 967 5, 930 5,238 722 1,981 19, 787 4, 067 3.420 4,603 5, 434 5,792 5, 244 4,061 4,283 5,010 5,550 5,492 4,961 4,002 230, 972 63, 289 173, 682 220, 351 63, 390 234, 381 67, 880 166, 501 246, 914 64, 199 182 715 271, 255 64, 780 206, 474 259, 509 59, 382 200, 127 250, 948 212,027 51.416 243, 585 61, 127 182 458 256, 329 65, 827 190, 501 273, 697 69, 808 203, 889 250, 556 60, 047 151, 980 209, 661 58, 100 151, 561 12, 959 3 399 24, 390 125, 754 12 245 4 014 32, 411 134, 045 18, 409 4 780 38, 403 144, 882 9, 757 4 286 32, 927 153, 158 14, 097 4 753 30, 496 133, 112 17, 092 4 442 31, 448 137, 520 18, 274 4,117 36, 032 145, 465 18 018 4 796 30, 786 156,961 15,514 14, 398 5 2(2 31, 373 121, 584 25, 831 5,035 111,698 199, 532 9,310 10, 590 12, 187 4,985 6,420 21,838 113,132 25, 833 109, 694 26, 533 158, 703 3,847 65,011 185 545 131,945 PERSONAL CONSUMPTION EXPENDITURES Seasonally adjusted quarterly totals at annual rates: t Goods and services, total bil. of dol__ Nondurable goods total 9 Clothing and shoes Food and alcoholic beverages Gasoline and oil Services, total 9 _ Household operation Housing Transportation 329.0 _ _ _ 319.6 323.3 44.4 18.9 19.0 44 0 18 2 19.1 43 5 17.4 19.2 44 2 18 5 18.9 do do do do _ 147.7 27.8 78.2 11.1 148 0 27.6 78 0 11.2 149 6 27.8 79 1 11.3 150 27 79 11 5 8 5 4 153 5 28.3 81 4 11.7 do_ __ do __ do __ do 121.4 17.6 40.2 9.7 124.1 18. 1 40.8 10 1 126.6 18.5 41.3 10 1 128.6 18 9 41 9 10 3 130.9 19. 1 42.5 10 5 _mil. of dol__ 18, 708 - _ __ . _ _ _ _ _ RETAIL TRADE All retail stores: Estimated sales (unadjusted), total 313.6 do do do_ __ Durable goods total 9 Automobiles and parts Furniture and household equipment 316.0 18, 332 Durable goods stores 9 do __ Automotive group do Motor-vehicle, other automotive dealers do Tire, battery, accessory dealers do___ 6, 826 3 880 3,641 239 6,419 3. 579 Furniture and appliance group _ _ _ _ _ do _. Furniture, homefurnishings stores__ . _ _ do Household-appliance, TV, radio stores. _ do 18, 054 17, 570 19, 095 17, 635 21,454 116,312 15, 829 17, 419 19, 200 r 18, 548 r r 18, 991 r 5 708 2 878 2, 668 210 6 420 3 520 3^ 293 227 5 502 2 807 2, 596 211 6, 025 2 723 2, 456 267 * 5 097 3 025 5 232 3 129 2,856 2,964 3,402 3,527 236 6 240 3 410 3,178 232 169 165 184 228 6, 414 r 3 688 >• 3, 465 '223 978 619 359 916 574 342 942 596 346 921 573 348 988 623 365 992 634 358 1,229 748 481 781 485 296 797 509 288 807 516 291 838 548 290 ''875 569 '306 f-936 1,138 876 262 1,135 895 240 1,092 863 229 1,093 866 227 1,104 861 243 955 736 219 981 692 289 699 524 175 720 542 178 789 588 201 996 732 264 ' 1, 055 '789 r 266 1,129 856 273 12 675 Nondurable goods stores 9 do _. 11,882 11 814 11,913 11 862 12 133 Apparel group do 925 1,077 1,198 958 1, 120 1,170 184 226 Men's and boys' wear stores do 220 172 237 190 471 Women's apparel, accessory stores do _ _ 410 356 378 451 428 242 214 Family and other apparel stores do 298 230 294 275 199 Shoe stores. _ do 209 188 227 171 178 r 2 Revised. Beginning January I960, data for Alaska and Hawaii are included. Advance estimate. July 1960 SURVEY. 9 Includes data not shown separately. 15, 429 1,975 432 776 497 270 11, 215 931 199 363 203 166 10 597 792 153 320 178 141 11, 589 946 163 380 224 179 12 831 1,348 222 526 313 287 Lumber, building, hardware group Lumber, building-materials dealers Hardware stores _ do do do -. 3,343 1 t Revised series. 5 830 3 586 _ 44 5 18 9 18.7 6 369 3 755 r 6 639 r 3 71() 238 2 867 583 353 12 134 r 12 352 r 1, 099 M93 M35 221 416 248 214 '206 18, 267 2 5 928 2 3 ig^ 3,478 r 1,072 r238 2 219 339 2 953 Revisions for 1957-March 1959 appear on p. 17 of the SURVEY OF CURRENT BUSINESS S-10 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August li)00 1959 June August July 1960 Novem- DecemSeptemOctober ber ber ber January February March April May June | July DOMESTIC TRADE—Continued RETAIL TRADE— Continued All retail stores— Continued Estimated sales (unadjusted)— Continued Nondurable goods stores— Continued Drug and proprietary stores mil. Eating and drinking places Food group Grocery stores Gasoline service stations General merchandise group 9 -- Department stores, excl. mail-order Mail-order (catalog sales) Variety stores __ __ _ Liquor stores ofdol _ do do do do - do_ _ do do _ do do 591 608 1,372 4,271 3, 797 1,450 1, 457 4,481 3,999 1,516 1,458 4. 295 3.823 1,504 1,378 4,215 3, 746 1,419 1.374 4,594 4, 115 1, 462 1,276 4,173 3, 708 1,433 1,350 4, 698 4,158 1,437 1,219 4.319 3, 853 1 , 356 1,141 4, 079 3, 634 1,286 1,210 4. 380 3.919 1, 388 1,304 4,601 4, 127 1,457 1, 879 1,107 121 1,701 970 115 1,843 1,057 132 1,917 1,126 141 2,107 1,255 152 2.190 1,302 194 1,492 866 106 1,433 809 117 1, 678 974 137 2,080 1,217 148 410 327 397 3, 552 2, 056 249 582 579 587 575 783 620 604 603 607 ••611 1,377 4, 379 3, 909 1,489 '607 1,417 4, 530 4,044 1,533 i 606 '! 1 . 462 4. 782 '1• 4. 283 1, 605 1, 846 1,074 r 141 '298 '375 1.899 1, 116 134 1 287 403 304 396 18, 189 18,296 18, 110 17,784 18, 341 17,842 17, 485 2 18, 090 18, 100 18. 234 18, 911 do_ _ do do _ do 6, 162 3,476 3, 268 6, 160 3,454 3,249 6, 095 3,350 3,135 5, 773 3, 105 2. 894 6,360 3,690 3,475 5, 682 2 961 2,740 5,328 2, 667 2, 457 2 5, 891 3,230 3,003 6,040 3 398 3.181 5. 937 3.458 3, 250 6,303 3,582 3, 350 Furniture and appliance group do Furniture, homefurnishings stores _ _ _ do _ Household-appliance TV radio stores do 936 603 333 929 589 340 952 593 359 928 586 342 924 578 346 935 588 347 903 570 333 916 572 344 917 581 336 868 544 324 926 595 331 r 918 r 334 898 570 328 Lumber, building hardware group Lumber, building-materials dealers Hardware stores 991 756 235 1,009 780 229 988 758 230 964 745 219 951 728 223 971 755 216 988 773 215 967 727 240 1,003 762 241 912 682 230 999 738 261 '989 r 743 '246 986 741 245 12, 027 1,100 12, 136 1,134 12,015 1,096 12,011 1,111 11,981 1,080 12, 160 1 119 12, 157 1 150 212,199 1, 164 12, 060 1 119 12, 297 1, 137 Estimated sales (seasonally adjusted), total. _do Durable goods stores 9 -Automotive group Motor-vehicle, other automotive dealers Tire batterv accessory dealers do do. _ _ do Nondurable goods stores 9 Apparel group Men's and boys' wear stores Women's apparel accessory stores Family and other apparel stores Shoe stores ___ Drug and proprietary stores Eating and drinking places Food group Grocery stores Gasoline service stations do do do do do do. _ 208 217 435 260 188 596 205 225 441 268 200 592 215 217 437 257 185 600 306 385 211 213 435 260 203 215 203 433 252 192 221 215 439 268 197 221 429 277 210 623 r 619 ' 1 342 r 4 566 r 4' 088 ' 1, 451 627 627 612 1,351 4 363 3,886 1,423 1,332 4,395 3,912 1,449 1,297 4,412 3,933 1,423 1.309 4, 511 4,032 1,453 1 380 4 439 3 964 1,496 do do do do do 1,961 1,151 2,030 1,186 139 337 411 1,989 1,183 1,958 1,142 1,940 1,139 1,966 1,141 1,991 1,157 1,967 1.155 150 332 401 147 327 386 1,901 1,088 1,942 1,114 130 322 410 2 123 1 251 do do do 24, 640 11,830 12, 810 24, 640 11,870 12, 770 do ._ do do do do _. 24, 800 11, 660 5, 060 1, 960 2,260 do do_ _ do do 24, 640 11 790 12, 850 25, 800 12. 230 13, 570 25 790 12 290 13 500 i 25 800 r 12 360 ' 13 440 24, 230 11,010 4,380 2,010 2 290 24, 310 10 980 4, 260 2,010 2, 330 24, 490 11, 260 4,540 1,990 2,350 24, 810 11, 590 4,870 2,020 2,340 25, 120 11, 640 4, 950 2,010 2,310 24 11 4 2 2 960 630 970 030 290 ' 25 200 25, 300 13, 120 2,700 2,920 4,130 13 220 2, 730 2,920 4,200 13 330 2,780 2 940 4,280 13, 240 2,740 2,960 4,250 13, 220 2,720 2, 980 4, 230 13, 480 2,790 3, 050 4,290 13 2 3 4 330 710 070 220 r 13 2 3 4 4,371 4, 836 4,559 6,249 2 3, 987 3,817 4,289 4 932 ' 4 479 4,655 3,777 3, 833 4,243 3,995 5,480 2 3 468 3,289 3,687 4 253 3 848 4 01? 215 14 97 67 267 16 111 90 273 20 114 82 269 23 113 76 461 42 205 122 191 16 75 64 169 12 70 56 219 15 91 70 337 23 136 117 252 17 108 83 263 20 107 89 100 88 36 98 87 39 99 84 38 101 83 39 98 76 41 160 81 44 101 76 25 96 73 34 99 78 38 104 84 36 102 85 37 106 86 41 1,063 1, 164 1 199 1,318 1 370 2 220 1,241 903 543 174 870 502 188 1 035 1 306 1 154 1 205 1 796 1 622 1 690 71 88 76 94 13, 140 2,720 2,920 4,120 13, 190 2,720 2,960 4,150 13, 180 2, 740 2,940 4,170 13, 270 2, 760 2,940 4,220 do 4,398 4,316 4, 298 do 3,832 3,778 Apparel group 9 .__ __ _. do Men's and boys' wear stores do Women's apparel, accessory stores ___ _ _ _ d o Shoe stores _ _ _ _ _ do 256 20 106 82 207 16 89 68 99 83 39 1,174 82 89 1 982 1, 148 23, 660 11,180 1 2, 480 24, 710 11,590 4,960 1,990 2, 290 1,572 r 23 370 10 660 12, 710 24, 770 11, 500 4,830 2,000 2,290 720 235 1 936 r 1 114 623 1, 358 4 617 4,132 1,470 140 320 393 24, 800 11,620 4, 930 2,010 2,300 do do _ _ do do . do___ do. ._ r 215 448 269 209 149 327 396 25, 090 11.900 5,240 1,990 2,300 636 221 1,679 82 88 687 236 1,580 81 86 721 234 799 252 809 256 533 1,807 1,558 1,794 80 78 88 65 78 58 106 1, 562 1 670 2 1, 553 46 63 46 62 616 204 1,690 51 69 165 332 409 782 270 64 87 149 334 416 148 ^334 '406 r 11 760 ' 5 100 2 0^0 2 300 440 730 060 280 690 232 25, 350 12 230 13 120 11 870 5,200 2 050 2,290 13 2 3 4 430 730 040 290 733 241 3,897 3,984 3,972 3,929 3,921 3,934 3,939 3, 992 3, 893 3,954 4,092 4 005 4 107 A pparel group 9 Men's and boys' wear stores Women's apparel, accessory stores Shoe stores do do __ do. _ do 253 20 108 75 266 109 81 254 20 107 74 259 19 110 81 248 18 106 78 258 19 108 82 267 20 116 81 269 21 112 88 260 19 108 84 251 18 104 84 270 20 114 86 257 19 107 82 262 19 110 84 Drug and proprietary stores Eating and drinking places, _ _ Furniture, homefurnishings stores do _ _ do_ ._ do 101 80 40 102 83 39 103 81 39 103 81 39 101 79 34 104 79 37 108 78 37 108 83 31 105 81 37 102 80 38 109 87 37 105 85 38 109 83 41 General merchandise group 9 Department stores, excl. mail-order ._ _ _ _ Variety stores Grocery stores _ __ Lumber, building-materials dealers.-. Tire, battery, accessory stores do do. _ _ do do _ do _ do 1,233 1,289 1,273 1,211 1,214 1,209 1,205 1 220 1 166 1,211 1 305 1 238 1 280 1,694 1 687 1 736 Estimated sales (seas, adj.), total 9 r Revised. 1 Advance estimate. do 2 748 253 778 261 1,610 1,619 72 77 72 80 778 247 1,635 71 82 717 248 1,649 68 82 726 244 1,654 66 86 709 251 1,652 Beginning January 1960, data for Alaska and Hawaii are included. 67 83 698 252 1, 651 68 80 724 246 1 688 65 84 675 253 1, 664 64 81 704 255 1,710 9 Includes data not shown separately. 59 80 1 18, 313 ! 5. 825 208 141 330 403 25, 190 10 950 14, 240 __ ' 6, 01 1 3 336 3,128 584 '213 r 435 r270 r 199 607 do _ . _ do. _ do 6, 080 3, 375 3,T 157 218 212 455 277 224 1,306 4,390 3,916 1,438 144 315 398 r r r 12, 608 ' 12, 400 ' 12, 565 '12 488 1 141 1 168 r I 1]7 609 612 307 384 ' 18, 480 ' 18, 576 232 1,335 4,294 3,828 1,435 25, 130 11, 130 14, 000 General merchandise group 9 Department stores, excl. mail-order . Variety stores Grocery stores Lumber, building-materials dealers Tire, battery, accessory stores _ 215 436 264 204 208 343 383 618 24, 270 10, 660 13, 610 Drug and proprietary stores Eating a n d drinking places- _ Furniture, homefurnishings stores 230 451 271 212 217 262 359 1,319 4,267 3, 7C8 1,411 24, 520 11,370 13, 150 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), total 9 219 454 277 200 227 245 347 1,295 4, 305 3,834 1,392 143 312 388 Book value (seas, adj.), total Durable goods stores 9 Automotive group Furniture and appliance group Lumber, building, hardware group 210 230 353 1,324 4,289 3,815 1,404 142 323 395 Estimated inventories, end of month: Book value (unadjusted), total Durable goods stores Nondurable goods stores 682 604 1,312 4,300 3,833 1,388 do do do do _ _ _ _ _ _ _ do __ _ General merchandise group 9 Department stores excl mail-order Mail-order (catalog sales) Variety stores _ _. Liquor stores __ 301 373 1.698 i 963 778 260 64 88 724 264 66 83 765 264 66 82 August 1000 SUKVEY OF CTJKRENT BUSINESS Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-ll 1960 1959 June July DecemAugust SeptemOctober November ber ber January February March April July June May DOMESTIC TRADE—Continued RETAIL TRADE- Continued Department stores: Accounts receivable, end of month :$ Charge accounts 1947-49=100 Installment accounts do Ratio of collections to accounts receivable: Charge accounts Dercent 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 - - - 1947-49=100-- \tlanta Boston Chicago Cleveland Pallas Kansas City - "Minneapolis TSTew York Philadelphia Pvichmond St Louis San Francisco do... do do __ do _ _ do do do do do do do ~ - - do Sales seasonally adjusted total U.S. 9 Atlanta Boston Chicago Cleveland Dallas Kansas City _ _ 1VT innea polls New York Philadelphia Piichmond St Louis San Francisco - - - - -- Stocks, total U.S., end of month: Unadjusted Seasonally adjusted $ 145 363 146 371 157 380 168 388 186 405 249 458 214 463 178 449 161 438 170 434 168 429 164 427 49 16 47 15 46 15 47 15 48 15 48 15 47 15 45 14 45 14 48 16 44 15 44 15 48 15 44 41 15 44 41 15 44 41 15 42 43 15 42 43 15 43 42 15 44 42 14 43 41 16 42 42 16 42 43 15 43 43 14 43 42 15 43 42 15 '137 121 132 145 150 176 260 111 106 115 149 138 162 118 130 157 95 111 115 155 135 177 103 124 126 176 156 173 132 138 135 160 155 186 131 142 139 177 162 217 154 164 170 208 179 325 251 233 252 291 266 139 99 101 105 135 115 137 93 95 105 122 105 149 95 108 113 143 119 '183 133 139 144 172 154 173 124 130 135 159 150 p P P v p p 166 123 129 131 156 146 146 130 151 107 100 108 129 120 143 132 102 112 138 138 157 146 132 140 155 144 154 150 141 144 165 151 154 148 170 183 190 177 181 230 245 257 289 250 281 96 108 108 112 111 122 99 102 102 105 102 121 105 107 113 114 110 126 139 137 153 165 150 153 128 127 134 143 144 145 p v p p p p 134 130 134 139 134 147 ' 131 160 147 135 r 124 ' 134 r ' P 137 P 123 '145 147 144 144 147 146 146 146 142 138 153 141 ' P 145 do _ _ -- do do_ do _. do _.. do 180 124 135 '139 174 155 185 126 138 142 174 154 184 121 134 137 179 153 186 127 134 135 167 151 188 129 139 138 173 162 189 129 135 138 179 156 185 129 134 141 170 155 180 131 134 139 171 156 175 130 127 136 163 144 162 122 125 139 164 142 ' 180 134 145 144 181 164 176 125 132 139 159 150 P 184 p 129 p 134 p 139 P170 p 154 do _ ___do do _. do _ do _ do. _. 140 130 '144 156 140 157 133 134 142 157 145 160 132 128 134 152 144 157 136 131 138 154 140 157 137 134 140 158 148 158 131 134 140 156 149 155 133 135 140 156 143 158 134 135 146 156 150 '157 135 133 143 149 134 '159 123 126 134 140 131 157 147 144 151 168 159 159 134 131 136 144 143 153 p P p p P p do - - do- - 148 155 149 158 156 159 168 160 177 158 182 160 145 161 144 161 152 160 165 162 165 159 163 161 P 157 P 164 bil. ofdoLdo . do 12.8 5.1 7.7 12.7 4.9 7.8 12.2 4.7 7.5 13.0 4.9 8.1 13.0 4.8 8.1 12.5 4.6 7.9 13.0 4.6 8.4 11.3 4.1 7.2 11.4 4.2 7.2 12.5 4.5 8.0 12.2 4.6 7.6 12.3 4.6 7.7 12 7 4.8 79 12.4 6.7 5.7 12.4 6.7 5.7 12.4 6.6 5.9 12.6 6.5 6.1 12.8 6.5 6.3 12.9 6.4 6.4 12.6 6.4 6.2 12.7 6.5 6.2 12.7 6.7 6.0 12.9 6.9 6.0 12.9 6.9 6.0 12 9 7.0 59 12 8 69 59 179,245 179, 452 179,647 179, 864 180, 078 180, 299 - - - do - 155 368 p 150 138 135 144 149 144 153 WHOLESALE TRADE Sales estimated (unadj ) total Durable goods establishments Nondurable goods establishments _ Inventories estimated (unadj ) total Durable goods establishments Nondurable goods establishments do __do _ do r r EMPLOYMENT AND POPULATION POPULATION Population, United States: Total, incl. armed forces overseas§ thousands.- 1176,865 1177,103 1177,374 1 178, 252 178, 522 178,782 179, 017 180, 529 EMPLOYMENT N constitutional population, estimated number 14 vcars of age and over, total cf thousands Total labor force, including armed forces do Civilian labor force, total® do Employed _ do_ _ Agricultural employment _ _ _ _ do Nonagricultural employment do Unemployed _ _ _ do_ _ Percent of civilian labor force :0 Unadjusted Seasonally adjusted Not in labor force thousands Employees in nonagricultural establishments (USDL) : Total, unadj. (excl. Alaska and Hawaii) A~thousands_ Manufacturing _ _ do Durable goods industries _ _ _ do. _ Nondurable goods industries do Mining, total , _ _ . _ , _ . _ do Metal do \nthracite do Bituminous coal _ _ _ _ do Crude-petroleum and natural-gas production thousands. _ Nonmetallic mining and quarrying _ _ _ do 2 2 2 124, 839 124, 917 2 2 2 123,296 123, 422 123, 549 123, 659 123,785 123, 908 124, 034 73, 862 73, 875 73, 204 72, 109 72, 629 71,839 71, 808 2 71,324 67, 342 7,231 60,111 3,982 71, 338 67, 594 6,825 60, 769 3,744 70, 667 67, 241 6,357 60, 884 3,426 69 577 66, 347 6, 242 60 105 3,230 70, 103 66, 831 6,124 60, 707 3,272 69 310 65, 640 5,601 60 040 3,670 69, 276 65, 699 4,811 60, 888 3, 577 2 2 5.6 51 5.2 5.1 4.8 5.4 46 56 4.7 6.0 5.3 59 5.2 5 5 49, 435 49, 547 50, 345 51 550 51, 155 52, 068 52, 225 52, 580 16, 455 9,581 6,874 52, 343 16, 410 9,523 6,887 52, 066 16, 169 9,058 7,111 52, 648 16 367 9,225 7,142 52, 569 16, 197 9,168 7,029 52, 793 16, 280 9,313 6,967 53, 756 16, 484 9,577 6,907 52, 078 16 470 9 640 6,830 52, 060 16 520 9,680 6,840 52, 172 16 478 9' 630 6,848 713 98 15 178 710 97 17 171 639 62 15 136 620 47 16 136 621 47 16 145 660 67 16 164 668 70 16 174 658 73 16 173 669 89 16 173 666 93 14 172 677 95 13 169 T 677 96 12 167 T 679 96 12 164 309 113 311 114 310 116 306 115 299 114 298 114 297 112 291 105 288 104 285 103 287 113 '286 116 291 117 124,606 124, 716 125, 033 70, 993 2 72, 331 2 68 168 22 68 449 22 gg 473 64, 020 264, 520 264 267 2 4 611 4, 619 4 565 2 59 409 2 259 9oi 2 59 702 2 4, 149 3, 931 2 4 206 2 2 2 2 69, 819 66, 159 5,393 60, 765 2 3, 660 2 2 70, 689 2 2 2 61 52 2 70, 970 22 5 7 4 8 2 2 2 2 g I 2 54 53 917 2 53 746 2 53 845 2 5.2 50 73, 171 125, 162 2 75, 499 2 125 ^88 2 75, 215 70 667 2 73 002 2 72 67 208 2 2G8, 579 •i 68 2 5 837 6 856 2 6 2 61 371 2 261 722 2 61 2 3, 459 4, 423 2 4 2 49 249 26 1 2 55 2 2 706 689 885 805 017 55 54 52, 587 2 51 862 2 49 663 2 50 074 52, 844 ' 52, 957 ' 53, 284 p 52, 910 16, 380 r TiQ 348 r 16 414 p 1 6 249 9,548 9 516 r 9 500 p 9 332 6,832 ' 6, 832 '6,914 p 6, 917 P 656 T 2 Revised. p Preliminary. 1 See note marked " §". See note marked " cT". I Revised beginning August 1959 to include data for Hawaii. 9 Revised for a number of months In recent years to reflect up-dating of seasonal factors; revisions prior to April 1959 will be shown later. §Estimates for Alaska and Hawaii are included effective with February 1959 and September 1959, respectively; preliminary estimate of civilian population in Alaska (Jan. 1, 1959), 153,000 persons and in Hawaii (Sept. 1,1959), 603,000 persons. Revisions for February 1957August 1958 are shown in the November 1959 SURVEY (bottom p. S-ll). ©For 1947-59 figures, reflecting adjustments of 1947-56 data to new definitions adopted January 1957 and use of revised factors in computing the seasonally adjusted unemployment rates, see pp. 22 and 23 of the April 1960 SURVEY. cfData beginning January 1960 include figures for Alaska and Hawaii; January 1960 estimates for these States (thous.): Noninstitutional population, 500; civilian labor force, 282; employed persons, 266; nonagricultural employment, 229. Estimates for agricultural employment and unemployment can be regarded as comparable with pre-1960 data. ATotal employment in U.S., including Alaska and Hawaii (thous.): 1960—May, 53,195; June, 53,535; July, 53,171. SURVEY OF CURRENT BUSINESS S-12 Unless otherwise stated, statistics through 1958 and 1 descriptive notes are shown in the 1959 edition of June BUSINESS STATISTICS August 1000' I960 ' ' July DecemAugust SeptemOctober November ber ber January February March April May i ! j June ' July ! EMPLOYMENT AND POPULATION—Continued EMPLOYMENT— Continued Employees in nonagricultural establishments, unadjusted (U.S. Dept. of Labor)— Continued Contract construction thousands Transportation and public utilities 9 do. _ Interstate railroads do Local railways and bus lines do Trucking and warehousing _ do_ _ Telephone do Gas and electric utilities __ do 2 986 3,035 3, 107 3,944 3, 949 960 92 856 712 586 3,922 3,043 3,927 928 92 855 711 588 906 92 881 708 584 968 93 854 706 575 2, 961 3.910 893 92 898 703 578 2,856 3, 912 898 92 893 703 577 2,699 3,940 11, 723 3,141 8,582 1,628 1, 646 804 2,453 3, 882 901 91 876 698 574 2 389 3, 887 900 91 878 699 574 2 312 3, 900 904 91 883 700 568 2, 590 3,917 910 12, 345 3, 155 9, 190 2,025 1, 663 815 11,424 11,329 11,325 3,113 8,311 1,465 1,630 800 3,114 8,215 1 402 1,635 801 3,111 8,214 1 404 1,634 801 2,439 920 91 897 701 576 7- 2, 830 7- 3, 924 914 91 ••880 704 575 7-2 983 ' 3, 942 919 91 886 708 583 p 3 10? P 3, 933 11, 620 3, 120 8, 500 1,511 1,649 815 '"11,543 7-11,620 7-3,128 p 11,586 yi 881 703 574 Wholesale and retail trade Wholesale trade Retail trade 9 General merchandise stores Food and liquor stores \utomotive and accessories dealers do... do do do do do 11, 352 3, 054 8,298 \ , 422 1.017 ' 796 11, 324 3,069 8,255 1 397 1,600 799 11, 360 3,081 8,279 1,408 1,604 801 11,464 3,097 8,367 1,463 1, 612 799 11, 551 3,121 8,430 1, 521 1, 627 802 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 2,442 2,475 6,603 2,474 6,582 2,441 6, 614 476 312 174 8,274 2,438 6, 593 470 311 175 8,331 2,429 6,474 603 316 166 7,813 2,452 6, 617 522 313 170 8, 158 2,438 6,547 603 318 169 7,837 463 309 173 8, 635 453 307 172 8, 288 6, 484 460 306 170 8, 343 2,444 6,511 459 305 169 8,536 2, 463 6, 644 479 308 177 8,553 7- 2, 469 r 6. 717 7-497 52, 558 16, 580 9,635 6,945 52, 023 16, 037 9,094 6, 943 52, 154 16,141 9,214 6, 927 52, 002 16, 022 9, 129 6,893 52, 253 16, 174 9, 266 6,908 52, 674 16, 436 9,542 6,894 52, 880 16,562 9, 655 6,907 52, 972 16,567 9, 667 6,900 52, 823 16^ 509 9, 603 6, 906 53, 128 16, 527 9, 552 6, 975 714 617 2 776 3, 899 11, 464 2, 452 6, 584 658 2,775 3,941 11,594 2, 454 6, 606 8,290 669 2 781 3,933 11,627 2,464 6,616 8.315 666 2 601 3,920 11,595 2,456 6,577 8, -199 684 12,449 7,230 12,494 12,435 7,205 Total, seas. adj. (excl. Alaska and Hawaii) A- -do Manufacturing _ do_ _ Durable goods industries do Nondurable eoods industries _ do Mining Contract const ruction Transportation and public utilities _ Wholesale and retail trade Finance insurance, and real estate Service and miscellaneous Government do. _ do do do do do do Production workers in manufacturing industries, unadj.: Total (U.S. Dept. of Labor) thousands.. Durable goods industries __ do Ordnance and accessories __ do _ Lumber and wood products (except furniture) thousands.Sa win ills and planing mills do Furniture and fixtures do Stone, clay, and glass products do Primary metal industries do Blast furnaces, steel works, and rolling mills thousands Fabricated metal productscf Machinery (except electrical) Electrical machinery Transportation equipment 9 Motor vehicles and equipment Aircraft and parts Ship and boat building and repairs Instruments and related products Miscellaneous mfg. industries _ _ do do do do do do do do do 6, 623 533 317 176 8,065 52, 407 16,527 9,573 6, 954 621 657 665 2,762 3,900 11,478 2,792 3,902 11,452 2,800 2, 453 6. 549 8,217 6,593 8, 233 12, 373 6,847 74 12, 201 6, 786 73 12, 274 6, 922 73 12,466 628 305 324 468 628 620 304 329 469 611 612 300 329 458 602 599 295 327 457 975 521 132 123 119 847 1,149 836 1,207 586 449 121 221 380 815 1,138 850 1,132 520 445 117 224 401 841 1, 167 888 1,200 600 445 107 231 417 812 1, 147 893 1,208 623 435 107 232 420 709 2 799 3, 928 1 1, 425 2,418 6, 525 8, 076 11, 465 2, 426 6, 570 8,083 633 2,814 3,893 ] 1, 529 2, 437 6, 549 8,131 12. 524 7,248 73 12, 433 7, 161 72 12. 173 6, 679 71 624 302 321 466 1, 067 627 302 320 464 1,038 543 866 1, 167 833 1, 224 598 451 124 224 385 2,800 3,920 2, 450 3,917 11, 486 2,450 6, 613 8, 307 7, 173 74 3,111 7- 8, 432 7- 1,466 ^1, 649 r 819 7- 8, 492 1.457 1.657 826 p 3, 140 P 8. 446 7- 2, 495 7- 6, 746 525 314 180 7- 8, 405 p 2, 527 P 6, 721 7- 53, 105 16,540 7- 9, 537 7- 7, 003 7-53,114 p 53,133 p 16,417 r 676 7- 2 796 7- 3, 926 "•11,695 2, 463 6, 611 8,515 r684 2, 783 7- 3, 927 7- 11, 675 r 2, 469 ^6,618 r 8, 409 7- 2, 470 7- 6, 646 7-8,416 P 659 p •? 862 P 3, 904 p 11, 731 P 2, 477 p 6. 688 P 8, 39n 75 12, 334 7,123 74 7- 12, 292 r7,OS4 73 7- 12, 330 7- 7, 057 r 72 p 12, 155 P 6, 886 P61 2,752 3,924 11,652 7-312 179 7- 8, 449 T 74 7, 268 75 584 286 328 452 1,039 561 277 327 443 1,048 561 277 328 445 1,052 556 275 327 443 1,043 569 282 327 448 1,020 7-289 7-324 493 528 532 532 526 800 1, 136 882 1,026 439 429 118 232 415 841 1, 166 892 1,172 593 422 116 232 393 857 1, 179 892 1.239 658 416 121 230 379 863 1,191 890 1,245 675 412 109 231 388 854 1,186 879 1 221 652 407 110 230 392 592 7- 16, 489 7- 9, 494 7- 6, 995 7-620 P 8, 136 p 9, 444 P 6, 973 P609 297 452 7-326 7-455 P321 P 455 7-993 969 P926 511 7-495 471 837 1,176 860 1,187 623 398 113 230 395 7-836 7-1,159 7-841 1.156 r 858 855 7-1,174 7-616 7-388 7-115 228 7-397 r 1,127 P824 P 1,131 P843 p 1,100 616 346 113 7-227 7-405 p 224 ?391 5. 352 5,272 5, 293 5,211 5, 276 5,219 5,230 5, 494 5,415 5 226 7- 5, 208 7- 5, 273 P 5, 269 5, 526 Nondurable goods industries do 1,032 954 934 1, 062 990 1,030 960 1, 176 1, 080 7-967 7-1,013 1, 162 939 P 1,072 Food and kindred products 9 _ do_ 244 241 245 245 234 232 245 249 233 7-236 229 242 237 Meat products do 178 219 136 134 152 315 226 150 180 MSI 171 316 134 Canning and preserving do 166 161 162 166 163 161 162 163 166 164 7-161 165 161 Bakery products do 82 67 81 70 78 69 90 93 71 7-68 68 98 76 P70 Tobacco manufactures do __ 8H() 872 876 867 863 883 887 861 890 885 7-863 860 7- 866 P848 Textile mill products 9 do 370 368 371 372 370 368 368 372 367 372 365 367 365 Broad woven fabric mills do 204 196 205 201 195 208 190 197 210 210 191 201 204 Knitting mills _ __ do 1,107 1, 091 1,118 1,068 1,048 1, 103 1,082 1,103 7-1,079 7-1,087 1,100 1,111 1, 106 p 1 , 060 Apparel and other finished textile prod do 452 449 451 446 454 454 447 453 448 M49 M52 460 446 P444 Paper and allied products _ . _ do 222 222 222 226 223 222 227 222 227 7-223 227 2°2 226 Pulp paper and paperboard mills do 570 571 562 568 552 558 568 £55 7-567 570 7-570 P564 570 565 Printing, publishing, and allied industries. _do 539 527 532 537 536 527 540 551 7-541 540 7-547 540 537 P543 Chemicals and allied products do 204 207 206 207 209 209 208 208 207 7-210 212 208 208 Industrial organic chemicals do 154 155 154 154 160 158 154 151 155 151 153 155 r 156 P155 Products of petroleum and coal . do 115 122 120 116 116 116 116 115 116 7-117 118 117 117 Petroleum refining do 209 208 196 203 204 212 208 208 201 198 212 209 7-198 P195 Rubber products _ _ ____ do 332 334 331 335 339 328 329 317 331 323 335 329 P319 '315 Leather and leather products do Production workers in mfg., seasonally adjusted: 12, 169 12, 612 12,417 12, 472 7-12,476 7- 12, 405 p 12, 333 12, 600 12, 052 12, 536 12, 462 12, 030 12, 154 12, 537 Total thousands 7,244 6,873 7,179 7,275 7,137 7.244 7, 126 6,717 6, 746 7-7,106 7-7,052 6,837 7, 255 p 7, 000 Durable goods industries do 5,356 5, 296 5,335 5,284 5.292 5, 283 5,346 5,337 5,280 7- 5, 370 r $, 353 5, 282 5,317 P 5, 333 Nondurable goods industries _ _ do Production workers in manufacturing industries: Indexes of employment: 99.2 100.8 100.5 98.6 100. 6 99.7 7-99.4 98.4 100. 5 7-99.7 101.3 100.0 101.0 P98.3 Unadjusted 1947-49=100 98.4 100.4 101.4 102.0 97.4 100.8 100.8 97.3 7-100.9 101.9 101.4 7- 100. 3 98.3 *99.7 Seasonally adjusted do Miscellaneous employment data: Federal civilian employees (executive branch) : United Statesf thousands 2 2,171. 8 22,177.2 22,192. 1 2, 172. 4 2, 176. 7 2, 200. 3 12,500.1 2, 158. 7 2, 160. 5 32,339.7 3 2, 342. 9 32,220.2 32,212.9 209.5 208.8 i 217. 5 210.0 s 212. 2 3 212. 2 213.0 210.9 3211.9 208.2 3218.0 Washington D C metropolitan area do 211.1 212.7 Railroad employees (class I railroads) : 804 810 826 813 839 814 816 7-824 870 812 828 Total thousands 879 P832 Indexes: 60.8 61.7 61.2 60.9 60.9 63.5 61.6 61.8 65.5 60.9 62.2 P61.6 Unadjusted 1947-49=100 66.0 z>62. 6 62.2 60.4 62.2 63.0 64.5 62.4 61.7 62.6 64.1 61.5 7-61.4 P61.2 P60.3 61.0 Seasonally adjusted __do r Revised. 3 v Preliminary. * Includes Post Office employees hired for Christmas season; there were about 307,100 such employees in the United States in December 1959. 2 See note marked"!". Includes the following number of persons hired for the decennial census: Total U.S.. 180,000 (March); 181,100 (April); 53,700 (May); 15,600 (June); Wash., D.C. area, 680 (March); 910 (April); 340 (May); 240 (June). 9Includes data for industries nor shown. d"Except ordnance, machinery, and transportation equipment. ATotal employees, incl. Alaska and Hawaii (thous.): 1960—May, 53,344; June, 53,362; July, 53,395. ^Employees in Alaska and Hawaii are included effective with January 1959 and August 1959, respectively. For all branches of the Federal Government, civilian employees in Alaska (at the end of January 1959) totaled 13,200 persons and in Hawaii (at the end of August 1959) 21,900 persons. SURVEY OF CURRENT BUSINESS August 1060 S-13 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July 1960 DecemAugust SeptemOctober November ber ber January ~ February March April May June r r r July EMPLOYMENT AND POPULATION—Continued INDEXES OF WEEKLY PAYROLLS Construction (construction workers) Manufacturing (production workers) Mining (production workers) 1947-49=100 do do 240.0 174.4 115.4 244.4 170.2 106.5 257 7 164.9 98.4 242 9 169. 1 94 3 239 1 165. 9 95 9 221 8 166.8 104 4 214 8 175.4 110 5 185 4 175 5 105 4 180 2 173 9 104 4 176 1 172 6 106 5 207.9 168. 8 108 7 40.7 40.2 41.4 40.5 40 3 40 3 41 3 0 8 0 1 40.3 2 8 40.9 2 8 41.3 39 2 40 2 41 9 6 1 5 3 40 6 2 7 41. 1 2 7 41 8 40 2 41 2 41 39 2 40 2 41 39 2 40 2 41 7 5 3 ^ 5 39.3 2 1 39.9 2 1 40.8 39 2 40 2 41 MO. 1 230 5 171. 5 r 107 8 247 5 172. 5 107 5 p 169. 2 HOURS AND EARNINGS Average weekly hours per worker (U.S. Dept. of Labor) : All manufacturing industries hoursAverage overtime do Durable goods industries _ _ do Average overtime do Ordnance and accessories _ __ do__ Lumber and wood products (except furniture) hours.. Sawmills and planing mills do Furniture and fixtures ._ do _ Stone clay and glass products do Primary metal industries _ _ _ do _ Blast furnaces, steel works, and rolling mills hours. . Fabricated metal products cf do Machinery (except electrical) do Electrical machinery do 41.2 41.2 40.5 2 9 40.8 30 40.7 41.3 41.6 40.8 41.7 41.7 40.5 41.0 40.8 41.5 38.5 41.1 41 3 41.7 41 6 39.7 40.7 40 7 41 3 41 0 40 0 40.8 40 7 41 8 41 2 39.9 40.1 40 3 41 1 40 8 38 8 40.2 40 7 41 8 41 0 41 1 39.3 39 7 40 3 40 4 41 1 39.4 39 4 40 3 40 2 40 3 38.8 39 0 39 1 39 9 40 1 39.9 40 6 39.9 40 3 39.4 41.6 41.9 41.9 40.8 35.9 41.0 41.3 40. 1 36.6 41 6 41.1 40 5 38.3 41 7 41 1 40 7 38.0 41 0 41 2 40 8 37.7 40 1 40 8 40 5 41.2 41 4 41 7 41 0 41.2 41 2 41 3 40 7 40.0 40 5 41 0 39 9 39 40 41 40 9 5 2 1 41.0 41.5 40.9 39.2 41.2 40.5 40.8 41.3 40.6 39.2 41.1 40.0 40 2 40.2 40 6 39.0 41.0 40.4 40 0 40 1 40 4 38 4 41.0 40 5 40 6 41 1 40 7 38 3 41.1 40 7 39 2 38 2 40 6 38 5 41.0 40 4 40 7 40 9 41 0 39 1 41.3 40 6 42 0 43 7 40 6 38 9 40.6 40 1 40 8 41 5 40 6 39 2 40.2 39 9 39.8 39.8 41.0 40.6 39.3 40.7 40.9 41.0 38.9 40.7 40.1 2 9 41.4 40.8 41.9 40.2 39 3 41 43 39 40 8 0 4 1 2 6 39 5 2 8 40 8 43.3 38 0 40.2 39 2 41 43 36 40 6 7 0 3 9 1 39 2 41 42 38 40 8 7 1 4 5 2 39 2 40 42 38 39 4 6 6 2 4 4 39 2 39 39 37 39 39.3 40.8 41.3 39.2 40.1 40.4 41.1 38.6 40 7 40.8 41.6 39.4 40 39 40 38 9 8 3 3 40 2 40 5 41.5 38 7 38 40 41 38 2 5 5 9 39 40 42 38 7 8 0 1 38 4 40 3 41.5 37 3 36 40 41 37 Apparel and other finished textile prod do Paper and allied products do Pulp paper, and paperboard mills do Printing, publishing, and allied industries __do 36.7 43.0 44.1 38.1 36.8 43.0 44.4 38.2 37.4 43 1 44. 1 38.3 36 4 43 2 44 3 38.8 36 2 42 9 43 9 38.4 36 7 42 7 44 0 38.3 36 5 42 7 43 9 39.0 36 0 42 5 43 8 38.3 Chemicals and allied products Industrial organic chemicals Products of petroleum and coal Petroleum refining _ Rubber products Leather and leather products 41.5 41.6 40.9 40.4 40.3 38.2 41.1 41.1 41.1 40.6 42.5 38.3 41.2 41.1 40 6 39.9 42.3 37.8 42 42 41 41 41 36 3 6 5 1 3 7 41 6 41 4 40 8 40.2 40 8 36.2 41 7 41.6 41 0 41 2 39 7 37 3 41 41 40 40 40 37 9 9 6 6 8 7 41 41 40 40 40 37 41.6 41.3 30.2 38.8 39.2 36.1 32.5 41.2 39.4 27.9 36.7 40 40 31 35 7 2 9 2 41 1 40.4 30 0 37.9 40 7 41.7 34 0 35.8 42 42 34 40 40.2 45.2 41.6 45.1 40.9 45.4 41.1 44 6 40.4 44.3 38.0 42.1 36.8 37.6 42.1 36.3 38.3 43.0 36.9 36 6 39.5 35 8 43.6 39.0 41.0 43.2 39.4 41. 1 43.1 39.2 40.9 Transportation equipment 9 Motor vehicles and equipment Aircraft and parts Ship and boat building and repairs. _ Instruments and related products Miscellaneous mfg industries Nondurable goods industries Average overtime Food and kindred products 9 Meat products Canning and preserving Bakery products - Tobacco manufactures Textile mill products 9 _ _. Broadwoven fabric mills Knitting mills - do do _ do do do do do do - - - do do do do do do _ do do do do do do do do Nonmanufacturing industries: Mining do Metal _ do Anthracite do _ Bituminous coal. . do Petroleum and natural-gas production (except contract services) _ . hours _ Nonmetallic mining and quarrying do Contract construction _ _ do _ _ Nonbuilding construction do Building construction do Transportation and public utilities: Local railways and bus lines do Telephone do 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 Average weekly gross earnings (U.S. Department of Labor) : All manufacturing industries. dollars . Durable goods industries do Ordnance and accessories do Lumber and wood products (except furniture) dollars. _ Sawmills and planing mills do_ ._ Furniture and fixtures do Stone, clay, and glass products _ _ _ do Primary metal industries _ _ _ _ _ _ _ d o Blast furnaces, steel works, and rolling mills dollars. _ r 2.9 3.0 2.7 2.7 2.8 3 8 0 9 3 8 6 4 7 1 9 4 4 4 3 40 0 2 4 40 4 r 2 3 r 40 8 r p39 P2 P 40 p2 p 40 8 3 1 2 8 40 1 40 9 38 9 40. 5 40 7 40 2 r 41 o 38 8 P 40 0 P 40 7 p39 1 39.3 39 9 40.8 39 2 38.1 40 8 41 3 39 9 37.6 40 8 41 2 40 1 P 40 4 P 40 8 P 39 8 40 6 40 8 40 8 39 4 40.8 40 3 39.7 39.5 40 1 39.5 40.1 39.2 r 40 9 r 41 1 41 0 r 40 1 40.5 r 39 9 r 40 5 40 6 40 9 39 6 r 40. 6 39 9 P 39 9 0 5 6 2 8 7 38 2 39 39 37 39 8 4 7 1 5 9 38.6 2 2 39.8 39.4 37.7 39.9 39 3 2 5 4 06 r 40 8 r 38 7 r 40 3 39 5 P 39 4 p2 5 P 40 8 1 1 2 4 34 39 40 36 8 4 7 5 36.0 39.6 40.6 37.3 f 38 40 r 41 38 36 2 42 1 43 5 38.0 35 8 42 1 43 4 38.2 35.1 41.8 43.1 37.8 3 3 2 0 7 9 41 41 40 40 40 37 3 3 3 2 0 2 41 41 40 40 39 37 3 3 3 2 4 1 42. 1 41.9 40.8 41.0 38.3 35.4 1 2 2 9 40 7 42.5 31 8 38 7 39 40 27 37 9 8 2 3 40 42 36 38 8 0 2 8 41. 1 42.7 29.2 37.4 41.2 43 2 40 5 43 3 41.1 41 8 39.9 41 2 40 4 41 1 40.7 43.8 37.0 40.6 36.0 35 7 38.9 34 8 36 7 39.4 36 1 35 1 37.5 34 6 35 0 38 2 34 3 35 0 39 1 34 2 36.9 41.1 35.9 42 3 40 6 41 3 42.6 39 9 41 3 42 8 40 7 41 3 42 9 39 2 40 9 42 3 38 8 40 9 42 5 39 2 40 6 42 7 39 1 40 7 42.7 38.9 40.8 r 40 9 r r 1 1 0 3 36 3 r 42 5 43 6 38.4 r 2 6 40 6 40.7 37 7 40.9 r p36 3 p 42 2 36 3 43 4 r 38. 1 41 6 41 8 40 7 40 9 39 7 36 3 r 41 8 r 41 0 42 7 29 6 36.4 41 0 42. 1 33 9 36.6 r 41.0 43 9 40. 5 45 0 36 9 40.7 35 9 37.5 41.4 36 3 r r r r r r r r r 43 r 42.3 41 0 40.7 40 6 37 8 2 39 2 40 8 43. 1 39 5 40 9 40.5 40.6 40.5 40 5 40.5 40.4 40 5 40 0 39 8 39 9 40. 1 40 2 40 3 38.8 35.3 37.4 44.0 38.6 35.3 37.1 43.9 38.1 34 4 36.7 43 7 37.7 34.0 35.9 44.0 37.5 33 9 35.8 43 7 38.2 36 5 35.7 43 8 37.4 33 7 35.4 43 8 37.4 33 7 35.2 43 7 37.4 33 8 35 3 43 8 37.7 34.5 35.6 44. 1 37.4 33 7 35.3 43.9 37.8 34 3 35.8 44. 1 40.1 40.1 39.7 40.2 39.5 37.9 40.6 39.6 37.7 40.3 39.8 38 8 40.5 39.8 40.0 40.2 39.3 39 1 40.0 39 7 39 5 40.1 39 2 38 2 39.7 39 1 37 7 40 0 38 9 37 9 39.6 40.0 40.8 r 39. 9 r r39.9 39.9 40. 0 39.9 91.17 99 36 105 47 89.65 96.80 105. 06 88.70 95 88 103. 38 89.47 96 70 105 22 89.06 96 52 106. 55 88.98 95 44 106 97 92 16 99 87 109 10 92 29 100 86 108 21 91 14 98 98 107 68 90 91 98 74 108 73 89.60 97 36 106 49 91.37 98 58 107 79 82.19 80.70 74 66 92.16 80.19 79.13 74.66 92.13 82. 61 80.95 76.31 92.35 82.62 79.77 75 58 91.43 82.42 79.37 76.49 91.88 80.60 78.18 75 21 91. 39 80.40 78. 14 77 33 92 25 77.03 75 83 74 56 91 30 78.01 75 25 74 56 90 85 77.60 75 27 72 73 90 57 80.20 77.95 73 82 91.08 118.43 108. 19 104. 81 106 40 105. 74 107 86 117 14 117 96 115 26 114 29 112 29 129. 38 111.29 113. 09 118. 73 116. 66 113. 10 127. 72 128. 54 123.60 122.89 122. 22 r r 39 4 "38.3 P 41 5 P 41 1 P 40 5 p38 2 91.60 98 98 107 30 p 91 14 p 97 84 p 107 71 r 83. 43 79. 77 74 77 T 93 07 p 81. 99 109 70 109 80 p 109 48 116.21 115.81 r r r p40. 5 P 39 7 P 37 5 P 39 7 r 42 4 r r P39.8 r 39 5 40 3 41. 1 38 6 38.3 34.8 36.8 44.1 Revised. » Preliminary. 9 Includes data for industries not shown separately. c*Except ordnance, machinery, and transportation equipment. 2.7 81. 40 78. 94 74 19 92 84 r r p 74 40 P 92 80 SURVEY OF CURRENT BUSINESS S-14 August I960 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July 99.96 ' 105. 88 ' 92. 23 '110.97 112.46 110.84 105.34 ' 95. 41 77.41 * 98. 98 p 104. 45 P91.54 v 108. 93 EMPLOYMENT AND POPULATION—Continued HOURS AND EARNINGS— Continued Average weekly gross earnings (U.S. Department of Labor) — Continued All manufacturing industries— Continued Durable goods industries — Continued Fabricated metal productscf dollars Machinerv (except electrical) do Electrical machinery do Transportation equipment 9 - -- do _ M^otor vehicles and equipment do \ircraft and parts - do Ship and boat building and repairs do Instruments and related products do Miscellaneous mfg industries do _ _ 96.56 99.96 104. 04 ' 106. 14 88.98 '•91.37 107. 59 "•111.66 108. 23 '113.85 107. 07 110.29 103. 49 M05.46 93.43 94.77 76.05 ' 77. 41 99.72 104.75 90.58 109.06 111.22 107.98 100. 74 94.35 76.95 97.17 103. 25 89.02 108. 53 111. 10 106. 78 102. 70 93.71 75.60 99.01 102. 34 89.91 108. 14 110. 15 107. 18 102. 57 93.48 76.76 99.66 103. 16 90.76 108. 40 111.48 107. 06 99.84 93.89 76. 95 96.76 103. 82 91.39 109. 62 113.03 108. 26 99.20 94.53 77.33 94. 64 102. 82 90.72 104. 66 102. 38 108. 00 101.26 94.71 77. 16 99.77 105. 92 93.07 110.70 113. 29 109. 88 102. 44 96.23 78.76 100. 94 105. 32 92.80 115.92 124.11 108. 40 101.92 94.19 78.20 98.42 104. 55 90.97 111.79 116.62 108. 81 102. 31 94.07 77.81 98.42 105. 47 91.43 110.84 113. 83 109. 34 103. 62 95.88 78.18 79. 60 85.69 94. 60 66.42 84.25 80.00 85.48 95.53 66.52 84.25 80.20 84.87 95. 06 71.65 83.21 80.79 86.11 101. 29 67.82 85.67 79.79 85. 68 103. 05 65.74 84.42 80.39 87.74 105. 22 63.47 85.01 81.19 88.78 104. 73 68.15 85.22 80.77 88.91 104. 66 68.74 83.92 79.95 86. 33 95. 26 69.17 84.56 79.93 86.94 95.01 69. 75 85.39 Tobacco manufactures do Textile mill products 9 do Broad woven fabric mills do Knitting mills do__ Apparel and other finished textile prod do Paper and allied products do Pulp paper and paperboard mills do Printing, publishing, and allied industries. do 67.99 64. 46 64.02 58.41 55. 05 94.60 102. 75 102. 87 70.58 63.83 63.71 57.13 55.57 95.03 104. 78 103. 52 65. 93 64. 87 64.90 58. 71 56. 85 95. 68 104.08 103. 79 63.40 63.28 63. 27 57. 45 55.69 96.77 106. 32 106. 70 63. 92 64. 40 64. 74 57. 66 55. 02 95. 67 104. 48 104. 83 64.56 64.40 64.74 57. 96 56.15 95. 22 104. 72 103. 79 67.49 64.87 65. 52 56.77 55.85 95. 22 104. 48 106.86 66.05 64.48 64.74 56. 32 55. 44 95.20 104. 24 104. 56 61.37 64.16 64. 27 56.47 56.11 94.73 103. 97 104. 12 59.86 63.83 65.12 55.48 55. 85 94. 30 103. 29 105. 05 64.80 ' 68. 58 63.76 65.36 64.96 '66.01 55. 95 58.22 53.70 55. 90 93.63 '96.05 102. 15 ' 104. 64 103. 95 r 106. 37 '71.89 65. 69 66. 58 58.67 ' 55. 90 ' 96. 67 105. 46 ' 105. 54 Chemicals and allied products Industrial organic chemicals Products of petroleum and coal Petroleum refining Rubber products Leather and leather products- 100. 43 106. 91 117.79 120. 39 98.74 61.50 100. 28 106. 86 118. 78 121. 80 107. 10 60.90 100.53 106. 45 116.12 118.50 105. 33 60. 48 104. 48 112.89 120. 77 124. 53 102. 01 59.09 101.09 108. 05 1 17. 50 119.80 101.18 58. 28 101. 75 108. 58 118. 90 124.01 97. 66 60.43 102. 66 109. 78 117.74 121.80 101. 59 61.07 101.60 108. 21 116.98 120.40 102.16 61.78 101.60 108. 21 116.87 120. 60 100.00 60.64 102. 01 108. 62 116.87 120. 20 97.71 60.84 104. 41 112. 29 119. 54 124. 23 G4. 60 58.06 '105.34 p 105. 41 112.94 '119.31 p 120. 83 122.51 '103.12 p 103. 68 ' 62. 37 P63.03, 111.49 107.79 82.75 126. 49 103. 49 93.14 79.20 104. 98 108. 77 97.71 76.73 120. 74 107. 45 99.29 88.36 115.81 108. 92 99.38 82.80 123. 55 109. 89 108. 84 93. 84 118. 14 114.51 111.41 94.73 135. 38 111.11 113.05 88 09 127. 32 108.13 107.71 76.16 121.97 110.98 111.30 99.91 127. 26 111.38 '110.70 113.58 '114.01 80.88 ' 82 2€ 122. 30 119.03 110.29 111.99 93. 56 120. 41 do do do _ do 112. 56 98.08 116.66 117.46 116. 66 117.31 98.32 116. 56 118.30 116. 16 115.75 100. 33 119.88 121. 26 119. 19 116. 72 99.01 115.66 112.58 116.71 113. 12 97.90 117. 66 117. 74 117.72 117.83 P5. 90 113. 88 110.87 114.14 113.81 96. 13 117.81 113.47 119.13 116 72 92.38 113.72 108.00 114.87 112.12 91.46 113.75 111.16 114.22 113. 52 92.89 115. 50 116.91 115.60 115.18 98.55 119. 19 117. 96 119. 19 116.03 ' 98. 78 119.56 118.03 '119.91 113.81 100.80 121.13 120.47 120.88 do . d o _do 95.92 85. 02 105. 37 95.47 86.29 106. 04 95. 68 85. 85 105. 93 94.33 89.32 107. 79 94. 57 88. 58 108. 62 95.44 89.95 109. 03 96.10 87.42 107. 98 95.60 86.14 108. 39 97.33 87.42 107. 59 97. 78 87.58 108. 26 97.78 86. 36 108. 94 ' 99. 79 ' 87. 81 109. 34 99.99 88.09 109. 20 do drinking dollars. do do 91.13 91.76 91.53 91.94 91.53 91.71 91.94 90 80 90. 35 91.37 91.83 92.46 92.69 67. 79 48.72 70.29 90.41 68.68 49.07 72.18 90.20 68. 32 49.42 71.23 89. 12 67.82 48.50 71.20 87 40 67. 11 47.94 69. 65 89. 76 66. 38 47. 46 69.81 88. 71 66. 09 50.01 69. 26 86.29 66.95 48.19 69. 38 88 04 66.95 48.19 69. 34 87 40 66 95 48. 33 69 89 88.91 67. 48 48.99 70.13 91.73 67.69 ' 48. 87 70. 60 ' 90. 87 68.80 49.74 71.96 91.73 do _. 67.69 68.06 68. 07 68. 26 68.81 68. 26 68.81 69. 93 69.94 69.56 69.94 ' 69. 75 69.56 do do 47 32 46.92 54.79 47.44 46.22 51.92 47 91 46. 33 51.65 48 36 46. 96 53.54 48 20 46. 96 55.60 48. 24 46. 37 54.35 48 40 47.24 54.91 48 12 47.04 53.10 47 64 46. 92 52.40 48.00 46.68 52.68 47.52 48.00 57. 94 ' 48. 28 ' 48. 68 ' 55. 95 48. 28 48.80 57.06 2.24 2.16 2.40 2.32 2.56 2.23 2.16 2.39 2.31 2.55 2.19 2 12 2.35 2.27 2.54 2. 22 2! 14 2.37 2.28 2.56 2.21 2.14 2.36 2.28 2.58 2.23 2. 16 2.38 2.31 2.59 2.27 2.20 2.43 2.35 2.61 2.29 2 21 2.46 2.37 2.62 2.29 2.21 2.45 2.37 2.62 2.29 2.22 2.45 2.38 2.62 2.28 2.22 2.44 2.38 2.61 2.29 2.29 2.22 ' 2. 45 2.38 '2.63 P2.29 2.44 2.37 2.61 1.99 1.94 1.S3 2.21 2.84 1.98 1.93 1.83 2.22 2.81 2.01 1.96 1.83 2.22 2.64 2.03 1.96 1.83 2.23 2.66 2.02 1.95 1.83 2.23 2.65 2.01 1.94 1.83 2.24 2.78 2.00 1.92 1.85 2.25 2.85 1.96 1.91 1.85 2.26 2.87 1.98 1.91 1.85 2.26 2.86 2.00 1.93 1.86 2.27 2.85 2.01 1.92 1.85 2.26 2.85 '2.03 1.93 1.85 2.27 2.82 2.06 1.96 1.86 2.27 2.83 P2.06 P 1 . 86 P2.28 P2.80 3.11 2.38 2.50 2.22 3.10 2.37 2.50 2.22 3.09 2.38 2.49 2.22 3.10 2.39 2.51 2.23 3.07 2.36 2.52 2.24 3.00 2.36 2.52 2.24 3.10 2.41 2.54 2.27 3 12 2.45 2.55 2.28 3.09 2.43 2.55 2.28 3.08 2.43 2.56 2.28 3.11 2.42 2. 55 2.27 3.05 2.45 '2.57 '2.29 3.08 2.45 '2.57 '2.30 P 2. 45 p 2. 56. p 2. 30 2.66 2.68 2.64 2 57 2.29 1.90 2.66 2.69 2.63 2 62 2.28 1.89 2.69 2.74 2.64 2 63 2.28 1.90 2.71 2.78 2.65 2 60 2.29 1.90 2.70 2.75 2.66 2 59 2.30 1.90 2.67 2.68 2.66 2 63 2.31 1.91 2.72 2.77 2.68 2 62 2.33 1.94 2.76 2.84 2.67 2 62 2.32 1.95 2.74 2.81 2.68 2 61 2.34 1.95 2.73 2.79 2.68 2.63 2. 35 1.94 2.71 2.74 2.67 2.62 2.33 1.94 '2.73 '2.77 2.69 2.63 2.34 1.94 '2.74 2.77 2.71 2.66 '2.35 1.94 2.06 2.00 2.19 2.43 1.86 2.14 2.06 2.01 2.19 2.43 1.85 2.15 2.07 2.01 2.19 2.44 1.81 2.16 2.08 2.01 '2.18 2.42 1.80 2 17 Nondurable goods industries Food and kindred products 9 Meat products Canning fnd preserving Bakery products - - do do do_ _ do-~ do do do do _ _ do do do Nonmanufacturing industries: Minin0" do Metal do Anthracite do Bituminous coal do Petroleum and natural-gas production (except Nonmetallic mining and Quarrying Contract construction Non build ing construction - Buildin^ construction Transportation and public utilities: Local railways and bus lines Telephone Gas and electric utilities Wholesale and retail trade* \Vholesale trade Retail trade (except eating and places) 9 General merchandise stores Food and liquor stores Finance, insurance, and real estate: Banks and trust companies! Service and miscellaneous: Laundries Cleaning and dyeing plants 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 do Blast furnaces, steel works, and rolling mills dollars Fabricated metal products cf do. _. Machinery (except electrical) do_ Electrical machinery do Transportation equipment 9 M^otor vehicles and equipment Aircraft and parts do do do - Instruments and related products Miscellaneous mfg. industries do do — 2.04 2.02 2.03 2.05 2.05 2.03 2.00 2.01 2.00 do._ 1 96 1 97 1 99 1 95 1 94 1 95 1 95 1 93 1 98 2.14 2.16 2.09 2.18 2.10 2.19 2.08 2.09 2.05 Food and kindred products 9 do ._ 2.47 2.43 2.43 2 35 2.33 2.48 2.38 2.33 2.33 Meat products do 1 77 1 72 1 83 1 73 1 69 1 79 1 73 1 71 1 71 Canning and preserving do 2.12 2.12 2.13 2.11 2.10 2.07 2.13 2.07 2.07 Bakery products _ do r Revised. ^Preliminary. c^Except ordnance, machinery, and transportation equipment. 9 Includes data for industries not shown separately. {Revised series (first shown in September 1959 SURVEY); data beginning January 1958 are calculated on a different basis and are not strictly December 1957. §Derived by assuming that overtime hours are paid at the rate of time and one-half. Nondurable goods industries 79. 52 87. 16 95.74 69.75 85.79 81.35 88.91 ' 99. 55 '70.05 '87.05 103. 58 '110.77 '118.03 '123.11 '100.04 59.90 v 95. 58 v 77.02 82.16 P81.95 ' 88. 51 P 88. 94 98.49 67.86 88.75 P 67. 50 v 64. 31 P 55. 90 v 96. 22 p 106. 09 p 2 . 44 p 2. 64 P2.73 P2.36 pl.94 P2.08 »2.18 comparable with published figures through SURVEY OF CURRENT BUSINESS August 1900 S-15 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June 1960 DecemAugust SeptemOctober November ber ber July January February March April May June July EMPLOYMENT AND POPULATION—Continued HOURS AND EARNINGS— Continued Average hourly gross earnings (U.S. Department of Labor) — Continued All manufacturing industries— Continued Nondurable goods industries— Continued Tobacco manufactures - dollarsTextile mill products 9 do Broadwoven fabric mills - -do Knitting mills do Apparel and other finished textile prod __do 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 Leather and leather products __do Nonmanufacturing industries: Mining -- Metal Anthracite Bituminous coal _ _ Petroleum and natural-gas production contract services) Nonmetallic mining and quarrying Contract construction Nonbuilding construction Building construction _ __ _-do__ do - do - do (except dollars. do do do do Transportation and public utilities: Local railways and bus lines -_-do Telephone do Gas and electric utilities __ _ do_ _ Wholesale and retail trade: Wholesnle 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 Railrond wages (average class I) do Road-buildinF wages common labor (qtrly) do 1.73 1 58 1.55 1 49 1.50 2.20 2.33 2.70 2.42 2 57 2.88 2 98 2.45 1.61 1.76 1.58 1.55 1.48 1.51 2.21 2.36 2.71 2.44 2.60 2.89 3.00 2.52 1.59 1.62 1 59 1 56 1 49 1.52 2.22 2.36 2.71 2.44 2 59 2.86 2.97 2.49 1.60 1.55 1 59 1.57 1 50 1.53 2.24 2.40 2.75 2.47 2 65 2.91 3.03 2.47 1.61 1 59 1 59 1 56 1 49 1 52 2.23 2 38 2.73 2 43 2 61 2 88 2.98 2 48 1.61 1.69 1 59 1.56 1 49 1.53 2.23 2.38 2.71 2.44 2 61 2 90 3.01 2 46 1.62 1 70 1 59 1 56 1 49 1 53 2.23 2 38 2.74 2 45 2 62 2 90 3.00 2 49 1.62 1.72 1 60 1.56 1 51 1.54 2.24 2.38 2.73 2 46 2 62 2.91 3.01 2 51 1.63 1 70 1 60 1 56 1 51 1 55 2.25 2 39 2 74 2 46 2 62 2 90 3 00 2 50 1 63 1.72 1.62 1.60 1 52 1.56 2.24 2.38 2.75 2.47 2 63 2.90 2.99 2.48 1.64 1.80 1.61 1.60 1.50 1.53 2.24 2.37 2.75 2.48 2.68 2.93 3.03 2.47 1.64 2.68 2 61 2.74 3.26 2.64 2.58 3.23 2.64 2 48 2.75 3.29 2.64 2 47 2.77 3.29 2 65 2 46 2 76 3.26 2.70 2 61 2 76 3.30 2.72 2 64 2.77 3.31 2.73 2 66 2.77 3.29 2 2 2 3 71 64 80 27 2.72 2 65 2.76 3.28 2.71 2.66 2.77 3.27 2.80 2.17 3.07 2.79 3.17 2.82 2.18 3.10 2.81 3.20 2.83 2.21 3.13 2.82 3.23 2.84 2.22 3.16 2.85 3.26 2.80 2.21 3.18 2 90 3.27 2.86 2.22 3.19 2 85 3.28 2.81 2.22 3.21 2.88 3.30 2.84 2.21 3.24 2.88 3.32 2 81 2.22 3 25 2 91 3 33 2.81 2.26 3.30 2.99 3.38 2.20 2.18 2.57 2.21 2.19 2.58 2 22 2.19 2.59 2.23 2.20 2.61 2.22 2 22 2.63 2.23 2 21 2 64 2.24 2 23 2.64 2.26 2 22 2.65 2 29 2 23 2 65 2.25 2.26 2.26 2.27 2.26 2 27 2.27 2.27 1.77 1.40 1.91 2.05 1.77 1.39 1.93 2.05 1.77 1.40 1.92 2.03 1.78 1.41 1.94 2.00 1.78 1 41 1.94 2 04 1.77 1 40 1 95 2 03 1.73 1.37 1.94 1.97 1.79 1.43 1.96 2.01 1.18 1.17 1.38 1.18 1.17 1.37 1.18 1.17 1.37 1.20 1.18 1.38 1.19 1.18 1.39 1 20 1.18 1 39 1.21 1.19 1.39 2.549 3.846 3.449 2.603 3.885 3.483 2.619 3.904 3.450 2. 624 3.921 3.526 2.624 3.931 3. 540 2. 624 3 931 3 559 2.537 1.00 2.521 2.14 2.543 2.542 .89 2.532 2.20 4.4 3.0 2.8 1.3 1.0 3.3 2.2 3.3 1.3 1.4 3.9 2.5 3.7 1.8 1.4 3.9 2.6 4.3 2.2 1.5 460 183 420 668 380 161 722 330 2,890 681 787 9,230 636 757 13, 400 1.80 1.63 r 1.82 r 1. 61 1 52 1.54 2.26 2.40 2.77 2.49 2 65 r 2.90 '3.01 2.52 1.65 r 1 . 63 1.62 1.52 1.54 2.28 2.43 2.77 r 2 5? 2.67 '2.91 3.01 r 2. 54 T 1.65 2.70 2 67 2.78 3.27 2. 69 2. 66 2.76 3. 29 2.83 2.25 3.23 2.87 3.32 2.83 2.25 3.24 2.90 3.34 2.81 2.24 3.23 2.91 3.33 2.29 2 24 2.66 2.29 2 22 2.67 r2.31 2 24 2.68 2.32 2 23 2.67 2 27 2.29 2.29 2.30 2.30 1.79 1 43 1 97 2 00 1.79 1 43 1.98 2 03 1.79 1.42 1.97 2.08 1.81 1 45 2.00 2 07 1.82 1 45 2.01 2 08 1.20 1.20 1.39 1 20 1 20 1 39 1.20 1.20 1.39 1.20 1.20 1.42 1 21 r 1.22 1 21 1.22 1 43 2. 627 3.942 3.560 2.638 3.948 3.563 2.638 3 950 3 572 2.642 3.950 3 582 2.645 3.958 3.598 2 599 2.575 1.05 2 601 1.95 2 612 2 568 1.03 2.585 1.92 3.1 2.0 4.7 1.4 2.8 30 15 4 1 10 2 6 38 1.3 3.1 .9 1.7 3.6 1.9 2.9 1.0 1.3 2 9 17 30 10 15 2 7 1.5 3 7 1.0 2.2 2.8 1.4 3.6 1.1 2.0 »-3 2 16 p3 6 p 2 *> ^3 2 P 1.1 P1 6 322 109 277 125 161 41 112 23 200 65 250 70 270 85 370 110 400 150 425 190 624 781 13, 800 548 775 14, 100 402 652 4 300 285 101 1,430 325 140 1,000 400 145 1 250 430 140 1,500 530 190 1,500 600 225 650 285 1 750 2 750 r r 1 42 2.672 3. 976 3 604 2. 706 4. 020 3 635 p 1.80 P 1.62 P 1. 54 p 2 28 p 2 . 77 P 2. 54 P 2 94 P 2. 56 P 1. 65 2. 724 4 ()5() 3 664 1 02 2 588 LABOR CONDITIONS Labor turnover in manufacturing establishments: Accession rate total mo rate per 100 employees New hires __ do_ Separation rate, total - _-do _ Quit do LavofT do Industrial disputes (strikes and lockouts): 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 _ EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE Nonfarm olacements thousands Unemployment insurance programs: Insured unemployment, all programs! 9--- ~-do.-_ State programs:! Initial claims do Insured unemployment, weekly average.. -do Percent of covered employment cf - Beneficiaries, weekly average thousands. Benefits paid _ ._ __ mil. ofdol. Federal employees, insured unemployment thousands- _ Veterans' program (UCX):* Initial claims do Insured unemployment, weekly average. ..do Beneficiaries, weekly average . -. -- - do. Benefits paid mil of dol Railroad program: Applications. . thousands-Insured unemployment, weekly average.-.do- ._ Benefits paid. mil. of dol._ r 1.7 33 1.1 581 564 570 633 556 465 432 418 412 450 511 534 537 1,414 1,477 1,451 1,370 1,479 1, 853 2,008 2, 359 2,326 2,370 2,078 1,801 1,700 973 1,298 3.4 i 1, 182 142.9 1 228 1,333 3.5 1,100 142.5 1,011 1,291 3.4 1,102 133.4 936 1,203 3.1 1,097 141.8 1,197 1,309 3.4 1,050 136.9 1 501 1,677 4 4 1, 285 168 3 1 645 1,841 4 8 1, 545 219 5 1 621 2,180 56 1,814 235.2 1 265 2,157 55 1,879 247 8 1 387 2,209 5 7 1,981 287. 1 1,232 1,939 4.9 1,792 237.4 1 162 1,682 4 3 1,494 204 9 ] 197 1,588 4 0 1.447 198 9 1, 686 4 3 28 28 28 27 28 31 33 38 39 38 33 30 29 30 23 43 43 5.6 27 43 39 5.3 25 44 42 5 2 24 40 39 52 27 41 36 4 8 29 48 42 5 3 31 53 50 7 0 31 61 57 7 4 27 61 59 7 5 29 61 59 83 23 54 55 7 0 22 45 45 6 0 27 45 44 6 0 49 8 35 21.2 87 63 18.9 35 79 27.3 32 94 26.1 22 97 25.8 21 93 21.7 15 105 19.2 12 78 16.6 6 69 13.8 59 63 13.4 6 54 10.4 5 45 7.9 l Revised. » Preliminary. Includes operations under Federal employees' program. 9 Includes data not shown separately. § Rates as of August 1, 1960: Common labor, $2.734; skilled labor, $4.063; equipment operators, $3.695. tBeginning with the October 1959 SURVEY, data are revised to include operations in Alaska and Hawaii; figures for State programs are also revised to exclude Federal employees' program (shown separately below) except as noted. Total insured unemployment includes the UCV program (not shown separately) through Jan. 31, 1960 (expiration date). cf 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).. *New series. Data relate to persons eligible for compensation under the Ex-Seervicemen's Unemployment Compensation Act of 1958 (effective Oct. 27, 1958). SURVEY OF CURRENT BUSINESS S-16 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1000 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March May April June July FINANCE BANKING Open market paper outstanding, end of mo.: Bankers' acceptances mil. Commercipl and finance company paper total Placed through dealers Placed directly (finance paper)* 983 3,401 729 2,672 957 3,552 759 2,793 946 3 646 795 2,851 954 3,334 763 2,571 945 3 784 755 3 029 1,029 3,664 784 2,880 1,151 3,118 627 2,491 1,229 3,889 664 3,225 1.240 4 085 718 3,367 1,366 4 320 805 3,515 1,336 4 269 888 3 381 1,263 4 492 920 3 572 1,382 4,4-57 1,019 3,438 4,400 2,262 526 1,612 4,470 2,282 542 1,646 4,498 2, 300 549 1,650 4,511 2,318 576 1,617 4,487 2,333 616 1,538 4,462 2,345 642 1,474 4,449 2,360 622 1,467 4,487 2,378 632 1,477 4,551 2,400 624 1,528 4,616 2,428 609 1, 580 4,690 2,446 594 1 649 4,747 2,468 565 1,714 4,812 2,487 551 1,774 228, 601 86, 598 46, 429 235, 637 89, 600 48, 422 208, 130 75, 233 43, 265 215,843 81, 067 43, 259 230, 245 89, 519 46, 083 217, 139 82, 273 43, 810 261, 121 104, 976 51, 763 230, 100 88, 529 46, 305 221, 965 85, 058 45, 626 245, 705 96, 593 50,410 225, 984 86,174 46, 862 232, 824 88, 551 47, 895 250, 837 99. 809 50, 415 51, 965 27, 337 26, 044 19, 416 52, 724 28, 569 1, 229 26, 543 19, 333 52, 013 28, 181 692 26, 690 19, 227 52, 739 27, 865 330 26, 563 19, 203 52, 942 28, 469 877 26, 631 19, 290 53, 555 28, 946 833 26, 922 19, 277 54, 028 28, 771 458 26, 648 19, 164 52, 262 27, 613 862 25, 464 19, 155 51, 431 26, 961 739 25, 209 19, 134 51, 577 27, 103 756 25, 264 19,113 51, 983 27, 131 571 25, 558 19, 066 51, 144 27, 262 342 26, 035 19, 059 52, 394 27, 869 258 26, 523 19, 029 52. 116 28. 131 343 26, 885 18,839 51, 965 18, 832 17, 640 27, 402 52, 724 20, 042 18, 905 27, 499 52, 013 19, 364 18, 245 27, 581 52, 739 19, 223 17, 760 27, 515 52, 942 19,924 18, 818 27, 562 53, 555 19, 686 18,415 27, 954 54, 028 19,716 18, 174 28, 262 52, 262 19, 536 18,396 27, 599 51, 431 18, 725 17, 754 27, 433 51,577 18, 861 17, 773 27, 341 51, 983 18, 976 17, 850 27, 258 51, 144 18, 643 17, 619 27, 344 52, 394 19, 126 17, 941 27, 505 52,116 19,305 18, 261 27,612 Ratio of gold certificate reserves to deposit and FR note liabilities combined percent 42.0 40.7 41.0 41.1 40.6 40.5 39.9 40.6 41.5 41.4 41.2 41.4 40 8 40.2 All member banks of Federal Reserve System, averages of daily figures:* Excess reserves - mil. of dol_ Borrowings from Fed Reserve banks do Free reserves ..do 408 921 —513 400 957 -557 472 1,007 -535 410 903 -493 446 905 -459 445 878 -433 482 906 -424 544 905 -361 455 816 -361 416 635 -219 408 602 -194 469 502 -33 '466 425 r41 *507 388 » 119 60, 835 62, 214 60, 216 60, 180 61, 239 61,017 63, 204 60,616 59, 536 59, 085 60 702 58 185 58 649 59. 302 64, 473 4,864 3,056 64, 539 4,699 3,310 63, 014 4,606 3,672 64, 184 4,631 4,279 64, 740 4, 346 3,477 64, 626 4,782 3,838 67, 641 4,814 3,139 63, 727 4,921 2,607 62, 838 4,920 2,954 61,890 4,836 2,843 63, 770 4,981 3 219 62, 259 5, 137 5 002 62, 026 4 718 4 965 62, 469 4.947 4.549 30, 967 29, 022 1,767 14, 189 30, 754 28, 924 1,652 13, 199 30, 707 28, 965 1,569 13, 964 30, 740 29, 063 1,508 14, 015 30, 532 28, 963 1,425 13, 330 30, 159 28, 704 1,309 13, 894 30, 533 28, 969 1,420 14, 346 30, 146 28, 483 1, 518 13, 303 30, 146 28, 481 1,521 12, 783 30, 423 28, 731 1,550 12.597 30, 454 28, 679 1,640 12, 638 30, 613 28, 805 1,676 13, 352 31 157 29 250 1 778 13, 299 31,428 29.417 1.882 13. 716 40, 125 40, 367 39, 133 38, 229 38, 144 37, 918 37, 294 36, 141 35, 040 34, 150 35 563 35 082 34 733 3f> 079 29, 980 1,747 2,157 26, 076 10, 145 30, 242 2,753 1.850 25, 639 10, 125 29, 057 2, 297 1,093 25, 067 10, 076 28, 121 1,990 1,033 25, 098 10, 108 28,194 2, 096 1, 116 24, 982 9, 950 28, 164 2,489 1,123 24, 552 9,754 27, 468 2,243 1,084 24, 141 9, 826 26, 444 2,001 1, 203 23, 240 9,697 25, 352 1,617 464 23, 271 9, 688 24, 495 1.069 431 22, 995 9,655 25, 991 1 474 444 24, 073 9 572 25 752 1 314 874 23,564 9,330 25 359 950 874 23,535 9 374 279 062 782 848 23, 432 9. 617 63, 351 28, 482 2,187 63, 820 28, 585 2,106 64, 624 28, 992 2,025 65, 354 29, 481 2,061 65, 244 29. 516 2,115 66, 335 30,015 2,188 68, 069 30, 405 2,579 66, 036 29, 957 1, 938 66. 532 30, 320 1, 769 66. 890 31. 026 1.479 67, 492 30, 940 1,812 67, 843 31 170 1,705 68, 691 31 645 1,665 08, 432 31,104 1.974 1,410 5,294 12, 198 16, 638 1, 438 5,439 12, 277 16, 644 1,438 5, 577 12,345 16, 713 1 , 355 5, 550 12, 456 16, 539 1,349 5, 271 12,527 16, 769 1,329 5, 531 12, 574 17, 516 1,338 0, 187 12,652 17, 475 1,306 5, 504 12,615 17, 253 1,289 5, 789 12, 005 17,300 1,266 5, 758 12, 586 17,641 1,251 5 878 12, 581 18 099 1,274 5 932 12, 548 18 149 1, 267 6 192 12, 543 18 130 1,279 0 165 12, 510 18 368 of dol__ do do do Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.: Total .mil. o f d o l _ _ Farm mortgage loans: Federal land banks. .do Loans to cooperatives do Other loans and discounts do Bank debits total (344 centers) New York City1 6 other centerscf do do do Federal Reserve banks, condition, end of month: Assets total 9 do Reserve bank credit outstanding, total 9 do _ Discounts and advances do United States Government securities _do Gold certificate reserves do Liabilities, total 9 Deposits total 9 Member-bank reserve balances Federal Reserve notes in circulation -do do do do Weekly reporting member banks of Fed. Reserve System, condition, Wednesday nearest end of month:f Deposits: Demand adjusted® mil. of dol Demand, except interbank: Individuals, partnerships, and corp do States and political subdivisions do United States Government do Time, except interbank, total 9 Individuals, partnerships, and corp States and political subdivisions Interbank (demand and time) do do do do Investments, total do U.S. Government obligations, direct and guaranteed, total mil. of dol Bills do Certificates do Notes and bonds . _ do Other securities do Loans (adjusted), total© _ _do Commercial and industrial do To brokers and dealers in securities .do Other loans for purchasing or carrying securities mil. of dol_. To nonbank financial institutions do Real estate loans .do. _. Other loans do Money and interest rates:§ Bank rates on business loans: In 19 cities New York "ditv 7 other northern and eastern cities 11 southern and western cities percent do do do 421 1 4.87 4.71 4.90 5.07 5.27 i 5.14 i 5.28 i 5. 46 5 36 5.19 5.39 5.56 r 5 34 5 18 5 34 5. 57 r 5 5 5 5 35 19 34 58 Discount rate, end of mo. (N.Y.F.R. Bank). ..do Federal intermediate credit bank loans do_ _ Federal land bank loans _ do 3.50 4.53 5.48 3.50 4.82 5.52 3.50 5.06 5.60 4.00 5.07 5.71 4.00 5.37 5.88 4.00 5.44 5.92 4.00 5.50 6.00 4.00 5.63 6.00 4.00 5. 72 6. 00 4.00 5.70 6 00 4.00 5 53 6 00 4.00 5.29 6 00 3.50 5 28 6 00 3.50 Open market rates, New York City: Bankers' acceptances (prime, 90 days) do Commercial paper (prime, 4-6 months) do Finance Co. paper placed directly, 3-6mo.*_.do Stock Exchange call loans, going* rate do 3.31 3.83 3.66 4.19 3.45 3.98 3.81 4.25 3.56 3.97 3.87 4.25 4.07 4.63 4.52 4.75 4.25 4.73 4.70 4.75 4.25 4.67 4.38 4.75 4.47 4.88 4.82 4.75 4.78 4.91 5.02 5 41 4.44 4.66 4. 50 5. 50 3.96 4.49 4.16 5 50 3.88 4.16 3.74 5 50 3.78 4.25 3.88 5 11 3.28 3.81 3.24 5 00 3.13 3.39 2.98 5 00 Yield on U.S. Government securities (taxable): 3-month bills (rate on new issue) percent.. 3-5 year issues _ _ do 3.247 4.33 3.243 4.40 3.358 4.45 3.998 4.78 4.117 4.69 4.209 4.74 4. 572 4.95 4.436 4 87 3.9-54 4 66 3.439 4 24 3.244 4 23 3.392 4 42 2. 641 4 06 2.396 3 71 Savings deposits, balance to credit of depositors: New York State savings banks .mil. of dol__ U.S. postal savings^ _ do 20, 483 1,042 20, 374 1,023 20, 406 1,007 20, 551 992 20, 363 976 20, 424 962 20, 651 948 20, 544 20 774 20, 558 20 684 20 848 20 659 928 909 894 879 849 838 ' Revised. * Preliminary. 1 Revised effective September 1959 to reflect exclusion of loans to nonbank financial institutions. *New series (from Board of Governors of Federal Reserve System): for back data, see Federal Reserve Bulletins. cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. 9 Includes data not shown separately. tRevised series, reflecting change in coverage and format. Figures through 1958 on old basis appear in the 1959 edition of BUSINESS STATISTICS; January-June 1959 figures in September 1959 SURVEY. ©For demand deposits, the term "adjusted" denotes exclusion of interbank and U.S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of loans to banks (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. 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). SURVEY OF CURRENT BUSINESS August 1000 Unfess otherwise stated, statistics through 1958 and descriptive notes arc shown in the 1959 edition of BUSINESS STATISTICS S-1T 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April ATay June July FINANCE—Contin ued CONSUMER CREDIT f (Short- and Intermediate-term) Total outstanding end of month 47, 522 48, 047 48,841 49 350 49 872 50, 379 52, 046 51,356 51 021 51, 162 52 169 59 831 53 497 30, 135 36, 757 37, 510 37, 962 38, 421 38, 723 39, 482 39, 358 39, 408 39, 648 40, 265 40, 740 41, 362 do _-do do do 15, 566 9,040 2, 467 9, 062 15, 923 9, 134 2, 517 9, 183 16, 288 9,289 2 569 9. 364 16, 470 9, 390 2, 613 9,489 ] 6, 659 9, 534 2, 653 9,575 16, 669 9,687 2, 683 9, 684 16, 590 10, 243 2,704 9,945 16, 568 10, 129 2, 691 9,970 16,677 9,997 2,695 10, 039 16, 876 9, 940 2 706 10, 126 17,218 10, 022 2, 736 10, 289 17, 481 10, 080 2, 786 10, 393 17, 807 10, 194 2,824 10, 537 do do do ._ - do _ _ do do 31, 245 13, 963 9, 350 2,895 3,424 1,613 31, 861 14, 230 9, 592 2, 946 3, 463 1,630 32, 540 14,497 9, 806 3,044 3, 515 1, 678 32, 954 14, 664 9,949 3, 093 3,542 1, 706 33, 318 14,817 10,071 3,143 3,570 1,717 33, 519 14, 853 10,117 3,183 3, 622 1,744 33, 838 14, 922 10, 145 3, 232 3, 764 1, 775 34, 003 15, 066 10, 168 3, 225 3.777 1,767 34, 246 ] 5, 134 10, 276 3, 259 3, 795 1,782 34, 432 15, 139 10, 357 3,331 3,811 1,794 35, 085 15,402 10, 604 3,418 3, 858 1, 803 35, 554 15, 597 10, 744 r3,484 "• 3, 888 1, 841 36, 127 15, 834 10, 945 3, 570 3, 938 1,840 do do do do do 4,890 1, 839 1, 052 551 1,448 4, 896 1, 826 1, 055 565 1,450 4,970 1,868 1,072 578 1,452 5,008 1,907 1,078 586 1,437 5,103 1,967 1,089 593 1,454 5,204 2, 045 1, 107 592 1,460 5, 644 2,298 1, 167 588 1, 591 5,355 2, 109 1,132 587 1, 527 5,162 2 002 1,111 590 1,459 5, 216 2,103 1,089 595 1,429 5, 180 2 055 1,080 606 1, 439 5, 186 2 059 1,071 615 1,441 5, 235 2, 078 1, 078 626 1,453 mil ofdol Installment credit, total do____ Automobile paper Other consumer eoods paper Repair and moderni/ation loans Personal loans - _ By type of holder: Financial institutions, total Commercial banks Bales finance companies Credit unions Consumer finance companies Other Retail outlets total Department stores Furniture stores Automobile dealers Other _ Von installment credit total Finale-payment loans, total Commercial banks* Other financial institutions* Charge accounts total Department stores* Other retail outlets* Credit cards* Service credit - _ - - - Installment credit extended and repaid : Unadjusted: Extended total Automobile paper Other consumer goods paper All other Repaid total Automobile paper All other Adjusted: Extended total do 11,387 11, 290 11,331 11,388 11,451 11, 656 12, 564 11,998 11,613 11, 514 11,904 12, 091 12, 135 do do do 3,991 3,417 574 3,954 3,407 547 4,034 3,431 603 4,084 3, 455 629 4,050 3,466 584 4,117 3,472 645 4, 176 3,542 634 4,092 3,499 593 4,151 3,496 655 4,222 3, 503 719 4,247 3, 569 678 4, 345 3, 573 772 4,321 3, 623 698 do do do do do 4,446 599 3,494 353 2,950 4, 407 558 3,467 382 2, 929 4, 365 562 3, 408 395 2, 932 4,390 606 3,383 401 2,914 4,525 647 3,491 387 2,876 4,614 717 3, 506 391 2, 925 5,351 960 3, 985 406 3,037 4,816 825 3,577 414 3,090 4,305 686 3,204 415 3, 157 4,118 622 3,070 426 3,174 4, 451 657 3,380 414 3, 206 4, 547 647 3, 483 417 3,199 4, 628 634 3,565 429 3, 186 do do do do 4,454 1,780 1,173 1,501 4,315 1,720 1, 109 1, 486 4,193 1,627 1,123 1,443 4,061 1,515 1,123 1,423 4,185 1,564 1,198 1,423 3,928 1,313 1,172 1,443 4, 686 1,293 1, 616 1,777 3,534 1,278 976 1,280 3,723 1,427 934 1, 362 4,201 1,633 1, 062 1, 506 4 457 1,697 1,168 1,592 4, 335 1, 664 1, 153 1,518 4, 561 1,738 1, 226 1,597 do do 3,676 1,342 1,020 1,314 3,693 1, 363 1,015 1,315 3,578 1,318 993 1,267 3,609 1,333 1,022 1,254 3,726 1,375 1,054 1, 297 3,626 1,303 1 019 1,304 3,927 1,372 1 060 1, 495 3,658 1, 300 1 , 090 1,268 3,673 1,318 1 066 1,289 3, 961 1,434 1, 119 1,408 3,840 1.355 1 086 1,399 3, 860 1,401 1 095 l'364 3,939 1,412 1, 112 1,415 do Other consumer goods paper All other do do 4,032 1, 509 1,130 1,393 4,159 1,557 1, 154 1,448 4,132 1, 538 1,138 1,456 4,172 1,521 1,138 1,513 4,219 1,622 1,124 1,473 4,083 1 466 1,133 1,484 4,046 1 377 1,146 1, 523 4,217 1 535 1,208 1,474 4,115 1 560 1,094 1,461 4,119 1,555 1,118 1,446 4,437 1 652 l!240 1, 545 4,209 1 543 1, 164 1, 502 4,202 1, 501 1,191 1,510 Repaid total Automobile paper Other consumer goods paper All other do do do _. .-do 3, 542 1,289 992 1,261 3,636 1,334 1,011 1,291 3,635 1, 325 1,012 1, 298 3,660 1,315 1,045 1,300 3,697 1,341 1,048 1,308 3,700 1,311 1,069 1,320 3, 776 1,361 1,066 1,349 3,824 1,386 1,089 1,349 3,707 1,338 1,046 1,323 3,711 1, 345 1,042 1,324 3.904 1,397 1,084 1,423 3,886 1, 411 1,099 1,376 3, 860 1,384 1, 094 1, 382 11,247 10, 154 94 3, 936 3, 246 94 7,418 5, 679 87 9,552 8, 486 99 3, 626 3,023 90 7, 152 5,897 94 8, 350 7,582 99 5,425 4,909 90 9,289 7,265 93 12, 217 9,581 105 7, 468 5,074 91 9,725 6, 555 91 p 12, 716 f 11, 069 »90 do do do do 4,241 4,786 696 1,430 1, 603 568 332 1, 339 4,346 368 1,321 1,296 4,100 3,311 704 1,338 1, 468 491 278 1,299 4,444 405 965 1,244 2,733 3,180 527 1, 811 3,004 564 341 1, 427 5,718 483 1,611 1,384 3, 332 6,192 1,149 1, 439 4,290 619 858 1, 609 5,783 467 1, 918 1,466 v 4, 127 f 5, 530 v 1, 157 P 1,811 do do do do do 8, 631 689 474 4,487 2,981 6, 557 728 406 3,772 1,651 6,305 724 400 3,710 1,471 6,357 718 428 3,783 1,428 6, 868 732 405 3,980 1,751 6,598 743 424 3, 643 1,788 6,844 800 430 4,231 1,384 6,199 826 419 3,523 1,431 6,170 779 420 3,684 1,541 6,424 784 457 3,976 1,207 6, 041 772 421 3, 669 1,179 6,079 v 6, 855 P803 422 3, 669 1,216 284, 700 281 , 833 237, 078 9,799 44, 756 2,873 288, 682 285, 840 241,779 9,976 44, (Mil 2,842 290, 396 287, 599 242, 876 9, 862 44, 723 2, 797 288, 296 285, 486 241,086 9,784 44, 400 2, 810 291, 253 288, 478 244, 882 9,895 43, 596 2,775 290, 589 287, 742 244, 160 10, 117 43, 582 2,847 290, 798 287, 704 244, 197 10,098 43, 506 3, 094 291, 085 288, 086 245. 456 10, 496 42, 630 2,999 290, 583 287, 588 244, 753 10, 322 42, 835 2,995 286, 826 283, 772 240, 515 10, 330 43, 257 3,054 288. 787 285, 773 242, 930 10 283 42, 843 3,014 289, 367 286, 308 242, 408 10, 385 43, 900 3,059 do FEDERAL GOVERNMENT FINANCE Budget receipts and expenditures: Receipts total Receipts net Customs mil ofdol do do Individual income taxes Corporation income taxes Employment taxes Other internal revenue and receipts Expenditures total Interest on public debt Veterans' services and benefits Alajor national security AP other expenditures Public debt and guaranteed obligations: Gross debt (direct) end of month, total Interest bearing, total _ _ _ Public issues Held bv U S Govt investment accts cf1 Special issues Koninterest bearing . _ do do do do do do_ _ 286, 331 283, 241 238, 342 288, 338 285. 285 241,088 44, 899 3, 090 44. 198 3, 053 111 118 127 124 116 111 130 135 138 140 134 132 133 110 Obligations guaranteed by U.S. Govt., end mo._do U.S. savings bonds: 50, 834 50,012 49, 715 48, 647 50, 536 50, 287 49, 552 48, 273 48, 182 47, 889 47, 620 48, 085 47, 824 47, 953 A m o u n t outstanding, end of month do 358 332 421 309 377 323 300 438 393 350 340 354 349 340 Sales series E and H§ do 742 1, 404 634 923 584 668 588 627 775 647 508 683 564 527 Redemptions _ __ do LIFE INSURANCE Institute of Life Insurance: t Assets, total, all U.S. life insurance companies 110,424 111,152 111,646 111, 846 112, 405 112, 904 113,626 114,202 114, 666 114,965 115,394 115,908 mil. ofdol Bonds (book value), domestic and foreign, total 56,623 56, 742 57, 494 56, 700 57, 061 56, 430 56, 284 57, 190 57, 214 57, 291 55, 993 56, 477 mil. of dol 7,011 6,848 7, 259 7,016 6, 661 7, 246 7, 354 7, 169 7,147 6,975 6,808 6,723 U S Government do 3,304 3,154 3,222 3, 130 3,138 3,177 3,197 3,257 3, 278 3,115 2,991 3,085 State county municipal (U S ) do 15,744 15, 748 15, 630 15, 807 ] 5, 536 15, 540 15,555 15, 761 15, 768 15,783 15,515 15, 527 Public utility (U S ) do 3,781 3,764 3,767 3,792 3, 794 3,792 3,795 3,790 3,779 3,775 3 796 3,796 Railroad ( U S ) do 24, 384 24, 002 24, 114 24, 224 23, 479 23, 738 23, 907 23, 342 23, 788 23, 194 23, 395 23, 643 Industrial and miscellaneous (U.S.) _do r Revised. *> Preliminary. fRevised series (to adjust to 1958 bench-mark data, to incorporate other changes, and to include data for Alaska beginning January 1959 and for Hawaii beginning August 1959). Revisions for installment credit extend back to June 1956; those for noninstallment credit, back to January 1947, For revisions prior to October 1958, see the November 1959 Federal Reserve Bulletin. *For data prior to March 1959, see Federal Reserve Bulletins. cf For data prior to January 1959, see Treasury Bulletins. §Data for various months through April 1900 include minor amounts due to late reporting or adjustments on discontinued series (F, G, J, K). {Revisions for January-October 1958 will be shown later. SUEVEY OF CURRENT BUSINESS S-18 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1060 1959 June July 1960 DecemAugust SeptemOctober November ber ber Janu- ] February | ary March April May i j Jane Tuly FINANCE— Continued LIFE INSURANCE— Continued Institute of Life Insurance®— Continued Assets, all U.S. life insurance companies— Con. Stocks (book value), domestic and foreign, total 3,486 mil. of doL. 1, 663 Preferred (U.S.) do 1,783 Common (U.S.) _ ..do Mortgage loans, total do_. _ 37, 894 35, 094 Nonfarm _ _ __do 3,547 1, 659 1,845 38, 108 35, 335 3,557 1, 670 1,845 38. 282 35, 496 3. 566 1. 684 1.840 38, 493 35, 698 3, 591 1.697 1, 852 38, 744 35, 936 3, 630 1,716 1,871 38, 984 36, 169 3,702 1,713 1,942 39, 299 36, 475 3, 717 1,720 1,949 39, 573 36, 753 L961 39, 769 36, 933 3,722 1, 750 1.927 40,011 37, 155 3, 742 1,753 1,944 40, 236 37, 358 3, 785 1, 770 1. 971 40, 439 37. 545 3, 522 4,380 1,200 3,949 3,583 4,389 1. 185 4,056 3, 603 4,423 1,204 4,100 3,624 4. 464 1,173 4, 096 3, 631 4, 511 1, 195 4,110 3, 673 4, 555 1,228 4,134 3, 670 4, 605 1,327 4,281 3, 688 4, 651 1, 236 4,276 3, 698 4.709 1.183 4,382 3.712 4,774 1,153 4,379 3,721 4.838 1,192 4,374 3, 766 4,897 1, 180 4 347 6, 266 1,138 601 1 4, 527 5,592 731 543 '4,318 5,633 1,027 543 14,063 5. 489 966 560 i 3, 963 5,928 1,084 587 1 4, 257 6,250 1,327 581 1 4, 342 8,017 2, 589 529 1 4. 899 4,864 872 491 3,501 5,396 986 5f)7 3,843 6, 284 1,092 576 4,616 5, 842 913 597 4,332 6, 069 Q^9 656 4.484 6,716 1 611 607 4.498 265 960 860 358 560 213 268 892 844 357 537 189 249 841 780 329 522 186 234 796 768 320 511 195 256 882 823 335 555 196 281 954 826 320 565 200 312 990 925 384 617 221 222 734 683 280 434 164 241 824 767 303 495 181 285 954 941 357 569 223 263 919 871 322 559 207 276 945 869 349 593 215 277 946 852 362 591 216 444 202 575 414 189 543 392 172 513 384 172 504 404 182 541 392 180 539 478 233 644 353 163 467 393 161 477 466 216 605 432 197 562 447 209 581 468 207 580 635.9 265. 7 51.9 10.0 586.9 247.1 47.4 9.9 567.8 245. 2 44.2 9.3 604. 5 259. 5 46.3 9.4 592.2 244.9 50.3 10.1 591. 5 244.5 49.9 9.4 814.2 307.4 60.0 10.1 636.3 258.6 61.0 11.0 656. 6 282. 5 57.3 9.9 770.2 327.5 63.5 11.1 650.1 270.2 56.9 9.8 673. 5 285. 6 57. 7 10. 2 _ do 55.8 128.6 123.9 54.6 124.7 103.2 52.3 112. 5 104.3 53.4 121.1 114.8 54.3 124.4 108.2 54.8 116. 6 116.3 48.1 144.2 244.4 75.1 126.4 104.2 58. 5 129.4 119. 0 58.6 155.9 153.6 59.3 132.5 121.4 60.1 139. 0 120.9 do do do do do do ^2,681.2 491. 5 o^248. 1 318. 1 188.3 1, 435. 1 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) :t Value estimated total mil. of dol Group and wholesale do Industrial do __ Ordinary total do Xew England Middle Atlantic _ East North Central West North Central South Atlantic East South Central .. . _. do do do do do do West South Central do Mountain do Pacific (incl. Alaska and Hawaii) do _ _ Institute of Life Insurance: J Payments to policyholders and beneficiaries, esti" mated total mil. of dol__ Death benefits . do Matured endowments do Disability payments do Annuity payments _ Policy dividends Life Insurance Association of America: Premium income (39 cos.), quarterly total Occident and health Annuities _ _ Group Industrial Ordinarv do ___ ! 2, 708. 9 4Q1 7 295.7 319. 6 184.5 1,417.5 3. 735 3, 069. 3 526 7 387. 6 324.9 276 2 1, 553 9 i i 2, 825. 0 522 7 269.9 344 8 176 0 1,511.6 " 539^ 6 ^40. 7 ,r>i 9 173.0 1.496 9 MONETARY STATISTICS Gold and silver: Gold: 19, 705 Monetary stock U S (end of mo ) mil. of dol -491. 7 Net release from earmark § do 76 Exports thous. of dol Imports _ _ do. _ _ 15, 477 19, 626 -98.1 244 25, 726 19, 524 -176.3 142 75, 943 89, 400 64, 900 12, 500 4, 600 91, 600 65, 900 13, 200 5, 300 89, 000 66, 200 12, 200 4, 200 270 5,894 .914 2,981 4,826 .914 2,677 3,838 3,219 Production reported monthly total 9 do Africa do Canada do United States do Silver: Exports do Imports _ _ do Price at New York dol per fine oz Production: Canada _ _ _ ..thous. of fine oz Mexico do United States. _ _ do Money supply (end of month, or last Wed.): Currency in circulation bil of dol Deposits and currency, total do Foreign banks deposits, net do U.S. Government balances do Deposits (adjusted) and currency, total^f d o _ _ _ Demand deposits adjustedlf do Time deposits, adjusted^. do Currency outside banks do Turnover of demand deposits except interbank and U.S. Government, annual rates, seas, adjusted:! New York City ratio of debits to deposits 6 other centerscf do 3 3 7 other reporting centers _ _ do___ 19.491 -35.2 115 54, 687 19. 585 51.9 62 23, 616 19, 566 -71.4 418 47, 931 19, 456 —112.0 176 9,092 19, 444 -11.6 106 2,453 19,421 -21.3 42 4, 440 19, 408 -13.5 111 17,592 19, 360 -71.5 278 8,639 19, 352 -14.2 71 10, 321 89. 700 66, 400 12, 700 3, 800 91,400 66. 900 13, 900 3, 500 65, 600 13, 600 3,400 64, 400 13, 200 3,700 66. 300 13,200 3, 400 65, 600 13,000 3, 100 64. 800 13, 600 3, 500 12, 800 3, 500 13, 200 4, 100 119 7,892 .914 1, 756 5, 362 .914 184 4.219 .914 138 3,445 .914 743 5, 345 .914 2,134 3, 378 .914 1, 156 5. 002 . 914 1,841 5, 501 . 914 1, 255 6, 739 .914 1,003 3, 982 .914 2, 868 3, 994 2, 609 2,519 3, 696 1,472 2,447 3,310 390 3,072 4, 408 510 2,333 4,196 635 2,679 3,092 756 2,755 3, 816 3,327 2, 864 4. 543 3, 454 2,734 3. 360 4,010 2,542 3,866 3,425 31.9 249.4 3.6 5.6 31.9 251.4 3.4 6.0 32.0 251. 1 3.3 6.9 31.8 252. 1 3.3 7.5 31.9 251.7 3.1 6.4 32. 5 251.1 3.0 5.5 32.6 256. 0 3.2 6.2 31.6 250. 5 2.8 4.8 31.6 248. 0 2.6 5.8 31. 6 247.3 2.7 5.6 31.6 250.3 2.8 5.7 31.9 249.4 2.8 8.1 240. 1 110.7 101. 0 28.3 242.0 112 7 100. 9 28.4 240.8 111. 1 101.2 28.5 241.4 111.4 101.5 28.5 242.2 112.7 101.1 28.3 242. 6 113.1 100.3 29.1 246.6 115.4 101.8 29.4 242.9 114. 0 101.0 27.9 239. 6 110. o 101. 2 28.0 239.0 108.8 102.2 28.1 241.7 111.5 102.3 27.9 238. 5 107.8 102.6 28.1 53.1 32.1 24.6 57. 3 33.1 24.7 56.3 33.1 24.7 57. 6 32.1 24.6 60.1 32.8 24.7 60. 1 33.6 25.3 60.1 33.2 24.9 55.7 33.0 25.1 58. 5 35.7 26.4 57.9 34.0 25.8 56.4 35.3 26.1 61.1 35 5 26.3 r 19 322 -101.8 121 76, 649 i 3.545 6, 649 .914 ----- 32 1 r 251.1 2.9 8.2 »• 240. 0 108.0 r 103. 7 28.3 252. 9 2.8 7.4 242. 7 110.1 104. 2 28.3 61. 3 P 36 1 p 26 2 PROFITS AND DIVIDENDS (QUARTERLY) Manufacturing corporations (Fed. Trade and SEC):O 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 r 4,858 317 110 81 166 . 3, 821 355 105 3,828 321 121 3, 991 261 93 93 158 51 159 24 143 i Revised. p Preliminary. i Includes revisions not distributed by regions. 0 See footnote "J" for p. S-17. ^Insurance written includes data for Alaska beginning 1957 and for Hawaii beginning 1958; revised figures for 1958-April 1959 (including these States) will be shown later. Payments to policyholders, etc., include data for Alaska beginning January 1959 and for Hawaii beginning September 1959. § Or increase in earmarked gold (—). 9Includes data, for the following countries not shown separately: Mexico; Brazil; Colombia; Chile (except for October 1959); Nicaragua; Australia; and India. 1fThe 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. {Revised series, replacing unadjusted rates shown prior to the February 1960 SURVEY and incorporating two major changes. See the January 1960 Federal Reserve Bulletin for details and data back to January 1950. ^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. OEffective with the July 1959 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 1st and 2d quarters 1958 and 1st quarter 1959 (mil. dol): Premium income, total—2,666.8; 2,531.3; 2,783.9; annuities, 340.9; 255.8; 334.6. SURVEY OF CURRENT BUSINESS August 1060 S-19 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June 1960 DecemAugust SeptemOctober November ber ber July February January March May April June July FINANCE—Continued PROFITS AND DIVIDENDS— Continued Manufacturing corporations© — Continued Net profit after taxes— Continued Chemicals and allied products mil. of dol__ Petroleum refining _ do _ _ Stone, clay, and glass products. do Primary nonferrous metal. do Primary iron and steel do Fabricated metal products (except ordnance, machinery, and transport, equip.) mil. of dol Machinery (except electrical) do Electrical machinery equip, and supplies do Transportation equipment (except motor vehicles, etc ) mil. of dol Motor vehicles and parts do All other manufacturing industries do Dividends paid (cash), all industries do Electric utilities, net profit after taxes (Fed. Res.) mil of dol Transportation and communications (see pp. S-23 and S-24). 607 621 231 174 552 562 656 215 116 —89 478 690 135 116 204 507 684 92 141 400 164 400 296 187 345 291 98 282 352 95 271 264 88 592 459 61 229 540 62 314 445 64 564 390 1,856 1,862 2,351 2,001 !385 392 422 502 SECURITIES ISSUED Securities and Exchange Commission: t Estimated gross proceeds, total By type of security: Bonds and notes, total Corporate. .. __ Common stock Preferred stock _ By type of issuer: Corporate, total 9 _ _ _ Manufacturing Extractive (mining) Public utility Railroad Communication. Financial and real estate. __ Noncorporate, total 9 -~ U.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 Short-term _ mil of dol do do do do do do do do do __do do 2,290 1 452 1,710 1,748 4 121 1 722 1 942 1,958 2 127 2 077 4 603 1,911 1,991 627 255 43 1 333 1,578 1,602 3 844 1 487 1 763 1,833 1, 734 657 173 61 524 100 26 1 858 4 371 747 134 45 1 942 554 156 29 675 173 46 605 198 35 422 146 32 925 235 15 333 838 185 7 325 29 55 184 600 109 17 143 20 30 179 3,766 1,311 642 119 13 590 121 24 98 552 142 9 173 9 7 133 774 146 14 194 19 36 250 735 215 23 111 5 57 165 922 103 19 348 23 128 145 891 119 12 251 6 264 185 926 173 10 351 3 73 205 649 77 31 158 19 37 250 740 73 10 253 5 82 206 894 195 79 202 8 70 223 1,364 323 995 900 350 457 935 309 523 1,012 3,200 2,574 587 830 332 458 1, 016 1,309 1, 388 1,183 20 22 do do do 433 93 26 300 520 644 230 47 380 476 420 696 435 622 391 568 2, 860 717 368 556 903 538 758 720 898 871 907 635 724 875 815 582 do do ...do do do 825 557 268 16 63 463 315 148 3 73 699 394 305 18 41 656 388 268 16 48 801 647 154 19 78 803 643 160 7 61 844 619 225 7 56 550 302 247 58 27 667 404 263 9 48 803 478 325 15 698 471 227 25 91 525 313 212 12 45 _.do do 995 245 457 246 523 467 520 399 587 235 458 343 476 358 696 268 622 345 568 365 717 365 556 351 r 978 363 3,546 1,094 2,483 383 3,528 374 3,424 377 372 375 366 375 3 430 '362 3, 151 2,433 2,380 2 493 2 583 3 333 1 001 2 423 3 267 1,035 2,416 360 3,378 967 2,405 3 438 1,079 366 3 188 1,017 o 27? 89. 11 89.19 ' 83. 47 89.32 89.36 87.08 87. 24 87 71 87. 79 81 80 88 85 88 95 81 61 88 42 88 52 81 32 87 48 87. 56 81 18 94.0 99.4 85.16 85.00 94.3 100.6 85.11 93.0 98.3 83. 15 92.8 100 1 84. 95 84.82 92.4 99 3 149, 949 140, 655 147 625 140, 515 135, 448 131, 301 156 380 153, 568 143 838 145, 716 147, 850 138, 682 146 184 138 794 133, 845 129 438 154 805 151 824 121, 943 121 325 110 616 145 137 121, 325 115, 512 5 813 110, 616 105, 166 5 449 145, 137 140, 018 5 119 106, 135 102, 511 2, 538 103, 924 102, 219 r 1, 614 117, 735 114, 607 ' 1, 933 118, 822 114 711 2,914 117,895 __do r 097 449 9O7 SECURITY MARKETS Brokers' Balances (N.Y.S.E. Members Carrying Margin Accounts) Cash on hand and in banks ._ Customers' debit balances (net) Customers' free credit balances. Money borrowed mil. of dol do do do 366 354 3, 145 3 150 981 988 940 2 396 2 220 2 340 970 2,322 88 26 88 36 80 98 88 86 88 97 81 67 90 90 91 0? g9 54 90 08 90 18 82 5Q 90 42 90. 53 8'> r>5 91 30 91 44 81 98 92.0 98 3 81 81 93.9 101.9 83.60 85.32 94.2 102 3 84 24 94.1 102 1 83.00 84.39 94. 2 103 1 85 50 142 252 146, 631 173 204 177, 574 148 246 146 910 133 529 135' 138 157 591 158 056 138 221 131 152 139 696 133 902 157. 283 1 50, 807 141 290 143 316 139 702 144 516 170 098 174 505 144 924 143 885 131 601 133 179 155 685 156 053 136 699 129 427 137 916 132 101 153 990 147 589 123 333 130 050 155 742 116 340 116 392 132 040 o 110 727 114 871 123, 333 118 668 4 665 130, 039 124 668 5 371 155, 742 150 433 5 309 116 340 110 125 6 915 116 390 110 029 6 361 132 040 125 256 6 784 110 724 104 813 5 911 109 044 5 897 120 465 () 120, 465 115 173 5' 292 103, 473 100, 826 1,573 106,899 104, 223 1 589 106, 499 103 826 1 582 105, 422 102, 723 1 617 106 287 103 596 1 610 107, 041 104 346 1 621 109, 655 106 814 1 634 109,007 109, 395 106 576 ] 619 106, 876 104 039 1 622 117, 967 114 846 1,923 120 319 117 171 1,947 120 441 117 291 1,945 120 508 117 311 1,992 120 431 117 237 1.988 120 460 117 277 1.985 120 697 117 350 1,980 121 007 117 740 1.969 120 979 117 719 117 060 113 780 1, 979 3, 406 1,039 974 996 Bonds Prices: Average price of all listed bonds (N.Y.S.E.), total § dollars Domestic _ . do Foreign _ _ do Standard and Poor's Corporation: Industrial, utility, and railroad (Al+issues): Composite (21 bonds) c? dol. per $100 bond.. Domestic municipal (15 bonds) do U.S. Treasury bonds, taxable^ _ . _, do _„ Sales: Total, excluding U.S. Government bonds (SEC): All registered exchanges: Market value thous of dol Face value do New York Stock Exchange: Alarket value do Face value do New York Stock Exchange, exclusive of stopped sales, face value, total § thous of dol U.S. Government.. do Other than U.S. Government, total§ do _ Domestic do Foreign do Value, issues listed on N.Y.S.E., end of mo.: Market value, total, all issues § mil. of dol_. Domestic do Foreign do Face value, total, all issues § Domestic Foreign r _ _ do _ do do T 0 121, 943 115, 870 6,072 ••104,917 r 93.8 99.4 0 88.22 88.22 0 101,253 1,585 114 776 1,922 0 0 92.9 100 9 11 0 o 92.8 100 4 2 3 106 176 1 626 0 114,871 L960 94.8 103 9 88 12 Revised. 1 Revisions for lst-4th quarters 1958; 419; 351; 359; 391. OSee corresponding note on p. S-18. ^Revisions for January-March 1959 will be shown later. 9 Includes data not shown separately. §Data 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. cfNumber of bonds represent number currently used; the change in the number does not affect the continuity of series. 1 Prices are derived from average yields on basis of an assumed 3 percent 20-year bond. SURVEY OF CURRENT BUSINESS S-20 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS Aueust 10CO 1959 June Julv August I ^^ icm" 1 1960 October November Deco inber January February March April May 1 June i July FINANCE—Continued SECURITY MARKETS— Continued Bonds— Continued Yields: Domestic corporate (Moody's) percent-By ratings: X aa do \a do A _do Baa do By groups: Industrial do Public utility _ __ _. _ _ . do. . Railroad do Domestic municipal: Bond Buyer (20 bonds) do Standard and Poor's Corp. (15 bonds) do U S Treasury bonds taxable § do 4.69 4.72 4.71 4.82 4.87 4.85 4.87 4.91 4.88 4.81 4.76 4.80 4.78 4.74 4.46 4.56 4.71 5 04 4.47 4.58 4.75 5 08 4.43 4.58 4.74 5.09 4.52 4.69 4.87 5. 18 4.57 4.76 4.87 5 28 4.56 4.70 4.86 5 26 4. 58 4.74 4.89 5 ^S 4.61 4.77 4.93 5 34 4. 56 4.71 4.92 5 34 4.49 4.62 4.86 5 25 4 45 4 58 4.79 5 ?0 4.46 4.61 4.84 5 28 4 45 4.60 4.81 5 26 4 41 4 56 4.77 5 2? 4.55 4.77 4.76 4.58 4.79 4.79 4.80 4.77 4. 56 4.68 4. 89 4. 88 4.70 4. 95 4.96 4.69 4.86 4.99 4.70 4.86 5.05 4.74 4.92 5. 08 4.71 4.89 5. 05 4.64 4.79 4.99 4 61 4.70 4 97 4.65 4.76 4.98 4.64 r 4. 75 4.94 4 61 4.71 4 90 3.81 4.04 4.09 3.59 4.04 4.11 3.72 3.96 4.10 3.72 4.13 4. 26 3.55 3.99 4.11 3.60 3 94 4.12 3.77 4.05 4.27 3 68 4.13 4.37 3.65 3.97 4 22 3.50 3.87 4. OS 3 61 3 84 4 17 3 61 3.85 4 16 3. 53 3.78 3.99 3 47 3 72 3 86- 1, 867. 5 878.2 340.1 1,917.6 878. 5 390.6 2, 425. 0 986. 7 457. 5 1.931.7 896.8 355.0 1,948.3 896. 7 140.4 1, 229. 8 109.8 183. 1 283.5 8.5 77.9 131. C 2.8 176.3 1, 233. 7 107. 8 165. 2 305. 3 8.8 105.9 155. 5 2 8 335. 4 1, 522. 1 123.4 252. 8 293. 3 11.0 168.9 132.7 3.3 157.3 1,259.3 107.3 177.9 310.0 10 5 78.9 134.5 3.8 153. 3 1,261.4 109.3 184 6 310.9 90 79.3 164. 5 62.8 50.3 30.6 200.0 111.3 17.7 66.3 7.8 1.7 99.5 4.6 14.2 8.4 84.2 170. 6 60. 7 50.7 33.6 200.2 108.2 20.2 61.5 9.1 1.7 100.6 3 6 12. 5 8 0 88.5 175. 7 78.0 60.7 41.2 201. 7 109. 1 32. 7 74.0 12. 1 1.8 102.2 4.4 37. 1 7.1 88.6 175. 4 60. 1 52 3 31.4 200.8 111.4 20.6 55. 5 10. 1 2.6 103.2 1.0 23.7 7.3 89.7 178.6 65. 5 56.7 33.8 201 7 106. 1 18 0 56. 3 10.1 5.41 5.80 2.60 3.37 3.81 4.26 5.41 5.80 2.60 3.37 3.81 4.31 5.39 5.77 2.62 3.41 3.81 4.33 5.39 5.77 2.63 3.41 3.82 4.33 5.45 5.85 2.63 3.48 3.82 4.33 5.56 6.01 2.64 3.48 3.82 4.33 5. 56 6.01 2.64 3.53 3.90 4.40 5.58 6.04 2.67 3.53 3.96 4.40 5 57 6.' 03 2. 67 3. 53 3.96 4.40 5.58 6.03 2.67 3.53 3.96 4.63 5.59 6.05 2.67 3. 56 3.96 4.63 5.59 6.05 2.67 3.56 3.96 4.63 5.59 6.06 2.67 3.56 3.96 4.81 5. 59' 6. 05. 2. 683. 5t> 3. 9$ 4.81 164. 71 187. 48 64 25 78. 55 170. 35 196. 07 66.49 77.38 169. 21 194. 70 67.39 74.35 161. 30 184. 64 65. 69 71.49 162. 37 186.60 65 51 70.24 164. 47 189. 96 65 38 68. 39 169. 29 195 43 65 77 70. 24 156. 61 178. 05 64 67 67. 98 157. 86 177. 30 66. 13 67. 05 155. 24 174.01 66.66 64.15 152.00 169.82 67 30 62.49 155. 49 174. 47 67.31 62.49 158. 87 178. 62 71.51 64.20 155. 33 173. 55. 71 12 61.95 3.28 3.09 4.05 4.29 3.77 2.71 3.18 2.96 3.91 4.36 3. 57 2.67 3.19 2.96 3.89 4. 59 3.57 2.74 3.34 3.13 4.00 4. 77 3.73 2.97 3.36 3.14 4.01 4.95 3.70 3.03 3.38 3.16 4.04 5 09 3.57 2.83 3.28 3 OS 4.01 5 03 3. 38 2 72 3. 56 3.39 4.13 5 19 3.68 2.86 3. 53 3.40 4.04 5 ?6 3.84 2.76 3.59 3.47 4.01 5. 50 3. 85 2.87 3.68 3. 56 3.97 5 70 3.92 2.93 3.60 3.47 3.97 5. 70 3.87 2.97 3.52 3.39 3.73 5. 55 3.98 2.98 3.60 3.49 3.77 Stocks Cash dividend payments publicly reported: t Total dividend payments mil. of doL_ Finance Manufacturing Mining Public utilities: Communications Electric and gas Railroad Trade __ ATiscellaneous _ do do do do do do - do do Dividend rates, prices, yields, and earnings, common stocks (Moody's): Dividends per share, annual rate (200 stocks) -dollars. Industrial (125 stocks). . .. do _ Public utility (24 stocks) _._ do Railroad (25 stocks) do Bank (15 stocks) do Insurance (10 stocks) do Price per share, end of month (200 stocks) 9 --.do Industrial (125 stocks) do Public utility (24 stocks) do Railroad (25 stocks) do Yield (200 stocks) Industrial (125 stocks) Public utility (24 stocks) Railroad (25 stocks) Bank (15 stocks) Insurance (10 stocks) percent-do do do do do 4.04 2.93 Earnings per share (at annual rate), quarterly: Industrial (125 stocks) dollars Public utility (24 stocks) do Railroad (25 stocks) do 11 60 3.75 8 12 Dividend yields, preferred stocks, 14 high-grade (Standard and Poor's Corp.) percent-- 4.79 4.75 4.70 4.80 4.81 4.81 4.85 4.87 4.82 4.76 4.71 4.75 4.74 4. 70 212. 34 631. 51 86.70 164.46 221. 03 662. 81 89.10 169. 09 219. 84 660. 58 91.24 163. 24 210. 97 635. 47 87.67 155. 38 212.04 637. 34 87.87 157. 51 211.25 646. 43 86. 56 150. 26 217 59 671.35 87.09 1 53. 79 214 81 655. 39 86. 78 156.15 206 74 624. 88 85. 87 150. 73 203. 52 614. 70 87.36 144. 17 205 04 619. 98 89.10 142. 97 203. 39 615. 64 88.91 140. 60 210. 96 644. 38 91. 54 143. 04 206 96 625. 83 93 59 138. 36 Prices: Dow-Tones averages (65 stocks) Industrial (30 stocks) Public utility (15 stocks) Railroad (20 stocks) Standard and Poor's Corporation: Industrial, public utility, and railroad:^ Combined index (500 stocks) 1941-43 = 10-Industrial, total (425 stocks) 9 Capital goods (127 stocks) Consumers' goods (193 stocks) Public utility (50 stocks) Railroad (25 stocks) Banks: N.Y. City (11 stocks) _ _ _ _ .__ Outside N.Y. City (16 stocks) Fire insurance (15 stocks) T 57.46 59. 74 59.40 57.05 57.00 57. 23 59. 06 58. 03 55. 78 55.02 55.73 55.22 57.26 55. 84 61.75 65.52 47.09 42. 58 36.02 64.23 67.82 49. 82 44.77 36.86 63.74 66.73 49.11 45.15 35.56 61. 21 64. 16 48.15 43. 59 33 78 61.04 64. 25 48. 22 44.11 34.32 61. 46 64. 63 48.81 43.71 32. 80 63. 56 67. 1 4 49 97 44. 31 33 57 62. 27 65. 01 49 00 44. 50 33. 68 59. 00 61. 43 46. 51 44. 38 32. 54 58.71 60. 28 46. 14 44.60 31.01 59.46 60 31 46 75 45.53 30 59 58.84 59. 81 46. 64 45.75 30.18 61. 06 62 09 48. 65 47.35 30.81 59. 25 59 58 47 58 48.02 30 19 do do do 25. 77 51. 15 31.66 26.98 53. 00 33.28 27.25 53. 46 33.57 26.72 53.02 31.56 26. 31 53. 81 30. 60 26. 93 54. 75 31.17 29.47 56. 59 33 19 28. 80 56. 47 33 06 26. 80 53 94 33 23 26.87 52.78 33.24 26. 36 52 54 33 78 26.06 51. 25 32.69 25 70 50. 94 33 81 25. 71 52 09 31 24 4,670 133, 148 3, 572 102, 919 3,372 97,364 3, 591 102, 521 4,020 120, 394 4 528 141, 308 4, 167 129, 141 3 616 103, 097 3 950 121,791 3,495 100, 674 3,938 117, 547 4 784 143, 533 3, 929 91, 386 3,026 69, 705 2,875 67, 534 3, 069 72, 810 3, 407 83, 884 ?>, 767 90 021 3,518 85 579 3, 008 72 506 3,356 85 109 2,939 70 285 3,291 82, 391 3 967 97 6?o 70, 889 51, 052 57, 518 61,330 64, 558 72, 244 63, 932 60, 533 65, 715 57, 291 68, 827 76, 533 309, 520 5,502 304, 569 5,510 290, 564 5,629 295, 165 5, 658 299, 112 5,733 307, 708 5.847 287, 977 5. 930 291, 191 6, 002 287,416 6, 050 283, 381 6,074 291, 688 6, 181 298. 143 6,274 Shares listed, N.Y. Stock Exchange, end of mo: Market value, all listed shares mil. of doL- 298, 785 5,463 Number of shares listed __ - millions . Revised. v Preliminary. §For bonds due or callable in 10 years or more. ^Revisions for 1957-1959 are shown on p. 36 of the July 1960 SURVEY. 9 Includes data not shown separately. cf Number of stocks represents number currently used; the change in number does not affect continuity of the series. 10 10 3.98 5 ^8 10 35 3 89 4 48 9 70 3 82 7 86 _. do __ do do do do Sales (Securities and Exchange Commission): Total on all registered exchanges: 4,325 Market value mil. of dol Shares sold thousands- _ 123, 504 On New York Stock Exchange: 3, 676 Market value - mil. of dol 82 027 Shares sold thousands Exclusive of odd lot and stopped sales (N.Y. Times) thousands. _ 64, 351 r 7 80 3.77 3 96 53, 87u SURVEY OF CURRENT BUSINESS August 19GO Unless otherwise staled, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-21 1959 July June 1960 DecemAugust SeptemOctober November ber ber January February March April May June July INTERNATIONAL TRANSACTIONS OF THE UNITED STATES BALANCE OF PAYMENTS (QUARTERLY)0 6 423 626 6 275 397 6, 828 460 6,736 425 do 4,060 669 1 068 4,035 720 1,123 4,328 1,023 1,017 4, 596 681 1,034 do do j do 5 967 3 884 193 790 1,100 6 200 3,848 207 773 1,372 5, 962 3,986 250 752 974 5, 753 3,819 249 757 928 +456 +75 +866 +983 Unilateral transfers (net) total Private Government do do do — 1, 204 -138 - 1, 066 -931 -131 -800 -1,123 -153 -970 -999 -141 -858 U S long- and short-term capital (net) total Private do do — 2, 408 —745 — 1 663 + 2, 050 +741 +365 -536 -773 4-237 +495 +72 +226 -789 -567 022 +747 +50 +8 Fxports of goods and services total mil of dol "Military transfers under grants net do Merchandise, adjusted, excluding military transactions! mil of dol Otl •' nrl militn v trnnsartions TVT h 1' T t rltr?1 ' Tn > mo on fo 'fieri A/T'l't ?., investments in IT S Other servicescf Foreign long- and short-term capital (net) do Errors and omissions do FOREIGN TRADE Indexes Exports of U.S. merchandise:© 265 Quantity 1936-38—100 577 Value do 217 Unit value do Imports for consumption :O 240 Quantity do 651 Value do 271 Unit value _ _ _ _ _ _ do__ Agricultural products, quantity: Exports, U.S. merchandise, total: 142 Unadjusted 1952-54=100 _ 161 Seasonally adjusted do 77 Cotton (incl linters) seas adj do Imports for consumption, total: 105 Unadjusted do 108 Seasonally adjusted do 110 Supplementary imports seas adj do 106 Complementary imports seas adj do Shipping Weight Water-borne trade: 8,162 Exports incl reexports§ thous of long tons 17, 552 General imports _ _ do Value O Exports (mdse.), including reexports, total 1 1,422.5 mil of dol By geographic regions: A 67.2 Africa do 250.6 Asia and Oceania _ _ _ do 332.0 Europe do 275 596 217 261 568 218 275 601 219 274 601 219 274 600 219 310 681 219 v 287 P633 P221 P288 P640 p 222 P322 P711 p221 p336 P741 P221 "330 ^728 P 221 223 603 270 214 580 272 243 658 271 215 591 274 222 615 277 255 698 274 205 567 276 '228 628 275 241 666 277 220 608 276 221 611 152 198 100 136 170 63 162 171 107 169 153 135 199 167 199 206 167 162 211 196 260 197 189 202 190 176 207 195 201 205 96 107 118 98 116 126 118 133 140 154 122 179 86 99 89 106 89 103 100 105 119 108 116 105 84 74 96 62 113 106 111 103 116 101 112 94 105 91 100 85 10, 110 13, 860 8,948 13, 879 8,309 15, 633 7,890 14, 710 7, 684 15, 677 8, 701 16, 595 7,034 12, 805 7 282 1 4 594 7,617 14, 472 1,467.8 1, 396. 6 1, 479. 1 1, 481. 6 1, 478. 6 1, 674. 5 49.6 249.2 371.6 52.6 240.6 366. 9 51.0 240.0 445.6 49.1 257.9 401. 1 53. 8 268.5 427. 1 66. 6 305.2 514.9 52 5 311.2 498 5 353 7 149.2 158.0 320 9 153. 0 168.1 297 6 138.0 160.7 302 8 147.0 173.9 324 4 156. 7 152.9 286 8 150. 1 154.8 306. 5 153.0 174.0 10.2 18.8 6.1 18.3 10.0 20.0 5.7 16.9 9.5 17.8 12.6 17.8 17.9 2.4 41.9 21.3 2.8 35.4 30.3 2.2 29.2 30.9 3.1 25.2 30.0 2.2 28.8 do do do 71.6 4.4 26.9 80 4 7.5 22.9 70 0 8.1 22.4 63 3 4.4 24.7 do do do 20 9 .4 56.9 23 5 0) 61.3 21 7 0 61.9 do do _. . do_ _ 31.7 .4 61.2 35.6 .6 60.2 do 353.7 do 288.7 18 6 28.4 10.3 Northern North America do Southern North America do South America do By leading countries:A Africa: United Arab Republic (Egypt Region) _ do Union of South Africa do Asia and Oceania: Australia, including New Guinea do _ Colony of Singapore do India and Pakistan do Japan Republic of Indonesia Republic of the Philippines Europe: France East Germanv West Germany Italy Union of Soviet Socialist Republics United Kingdom. _ North and South America: Canada Latin American Republics, total 9 Argentina Brazil Chile _ —620 -392 —228 + 1,277 + 167 +32 do do _ do 2 r 1 561 8 1 576 1 1 751 2 1 822 9 1,791. 6 57 8 327 4 470 1 65.0 364.1 493.3 72 5 351 3 526 4 63.1 331.6 557.8 283 0 133.4 159. 5 295 4 132 2 158 6 337 2 151.0 165.3 351 3 151.3 180 6 344 5 141.0 183.2 18.8 21.2 12.5 16.7 10.3 23 3 14.1 22.6 15.9 26 7 9.1 25.3 32.3 2.3 24.9 24.5 2.7 30.0 19.9 2.2 47 4 26 6 2 8 61 3 23.8 3.1 78.8 27 7 36 81 2 30.9 3.2 69. 3 73 4 7.0 24.5 90 3 4.7 25 8 121.3 8.0 25.6 106 4 12.3 23 2 107 5 88 23 0 115 7 9.6 28. 1 111 4 4 3 26 2 106 0 6 4 22 7 27 7 (i) 65.1 27 2 0 66.0 30 7 (i) 72 0 53 0 50 3 2 97 1 41 3 (i) 84 2 53 1 .3 91 5 48 7 87.2 94 1 47 1 4 95 1 30.4 .1 62.5 41.2 .1 120.9 33.8 .3 89.5 31.3 .3 84.1 46.3 2.8 97.4 44 4 1.2 100.7 50 3 4.6 94 7 47.8 .4 93.5 55 4 2.1 98 5 53 7 1.9 134.4 320.8 297.6 302 7 324 3 286 8 306.5 283 0 295 4 337 1 351 3 344 5 301.1 279.2 298.8 289.3 282.8 303.4 270.1 268.7 290.4 306.7 301.2 22 9 27.4 11.4 26 2 30.8 9.5 23 0 35.7 11.6 16 4 25.5 11.1 21 2 30 4 10.9 25 7 31 5 15.0 24 7 27 6 16 2 26 7 19 8 1»6 1 22 9 29 6 12.9 24 5 30 8 16 7 25 9 40 0 16 6 0) o 1, 719.0 17.2 18.4 17.6 15.6 18.0 19.9 15.2 21 8 22 7 23 7 20 6 20 0 40. 1 39.6 41.7 36 6 38 6 31 4 40 7 21 5 26 1 23 2 25 7 23 8 62.4 65.4 66.4 57.4 60.4 56.5 69. 1 71 2 60 6 66 8 59 2 68 5 _ 54.4 63.0 65.7 66.1 62.6 54.5 50.4 58.0 52.9 52.2 41.4 50.2 1 2 Revised. f Preliminary. i Less than $50,000. Includes carryovers of approximately $15 million from May and June; appropriate amounts are included in components, ® Revisions for 1858-lst quarter 1959 appear on p. 14 fl. of the June 1960 SURVEY. ^Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing. <f Excludes military expenditures. O Re visions for January 1958-January 1959 will be shown later. §Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo. ^Data include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construction " shipments) are as follows (mil. dol): June 1959- June 1960, respectively— 75.6; 114.6; 97.1; 79.7; 83.7; 102.2; 105.2; 77.7; 78.9; 117.2; 114.7; 94.0; 100.0. AExcludes "special category" shipments. 9 Includes countries not shown separately. Colombia Cuba Mexico Venezuela _ do do _ do__ . do SURVEY OF CURRENT BUSINESS S-22 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1060 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued FOREIGN TRADE— Continued Valued)— Continued Exports of U.S. merchandise, totalf . _ mil. of dol By economic classes: Crude materials _ do Crude foodstuffs do Manufactured foodstuffs and beverages - _ do Semimanufactures?--do Finished manufactures 9 _ ... do By principal commodities: Agricultural products, total cf do . 1, 406. 5 1, 453. 0 1, 383. 9 1,464.2 133.6 121 5 92.1 203.5 855.9 138.1 138 1 96.0 213.0 867.8 130.5 117.2 99.4 208. 3 828.6 186. 1 114.4 102.5 226 7 834.6 184.7 107 3 108.7 183.2 882.0 232.5 117 1 94.4 193. 6 824.7 245.3 126. 2 92.3 260. 0 935.0 1, 465. 9 1, 462. 4 1, 658. 8 1, 543. 7 1, 559. 2 1,733.1 1,805.9 1, 775. 6 1, 700. 8 242.7 122. 4 82.9 239. 8 855. 9 208.2 130 7 93.3 251.1 875.9 201.2 128 6 93.2 283.2 1,026.9 189.9 152.0 93.0 304.4 1,066.6 191.3 141 4 81.0 310.0 1,051.9 184.9 117 0 90. 5 332.7 975.7 304.3 326.9 298.2 361.3 359.9 405.9 420.0 413.2 399.1 388. 2 393.3 373.5 351.7 do do do do do 29.7 37.5 121.9 22.4 26.1 15.9 32.2 132.6 23.8 25.5 11.6 35.6 119.5 23.5 39.2 26.0 33.5 111.3 25.9 81.8 46.2 44.6 103.1 27.0 44.2 78.0 34.4 108.0 44.7 89.1 29.8 123. 9 24.0 50.9 137. 5 32.7 121.4 25.5 23.9 106.6 29.7 136.6 22.9 26.6 100.3 28.5 137.0 24.4 28.1 87.3 29 2 159.0 27.6 16.5 69.6 32.1 138. 5 24.2 26.3 65. 4 37.3 109.9 29 5 30.8 do 1,102.3 1, 126. 2 1, 085. 7 1, 103. 0 1,106.0 1,056.5 1, 238. 8 1, 130. 5 1, 160. 1 1,344.9 1,412.6 1, 402. 1 1,349.2 Automobiles, parts, and accessories... _ _ _ d o Chemicals and related products§ do Coal and related fuels do Iron and steel products© do 105.2 121.3 29.5 59.9 101.1 122.9 36.8 55.7 83.4 123.1 39.8 36.8 89.7 139. 6 36.5 31.2 107.2 118.2 32 4 29.9 101.3 109.9 27.0 36.1 99.4 152.4 29.8 53.8 112. 5 132.7 21.8 50.1 122.8 121.1 22.5 55.0 125.1 146.6 22.5 67.2 121. 5 150.6 33.3 71.6 121.7 142. 5 32.6 84.2 108. 7 142.9 32.6 96.3 Machinery, total §cf __ _ Cotton, unmanufactured Fruits, vegetables, and preparations Grains and preparations Packinghouse products Tobacco and manufacturesA Nonagricultural products, total o" Agricultural _ Tractors, parts, and accessories Electrical Metalworking§ Other industrial Petroleum and products . __ Textiles and manufactures. General imports, total By geographic regions : Africa Asia and Oceania. Europe __ _ Northern North America Southern North America South America By leading countries: Africa: United Arab Republic (Egypt Region) Union of South Africa Asia and Oceania: Australia including New Guinea Colony of Singapore India and Pakistan _ Japan Republic of Indonesia Republic of the Philippines Europe: France East Germany TVest Germany Italy . ._ United Kingdom North and South America: Canada do 326.7 319.4 308.1 316.8 326.1 301.1 341.4 315.5 330.2 369.8 384.8 373.2 356. 8 do do do do do 16.3 34.9 72. 3 24.2 164.4 15.1 32.3 78.0 21.7 157.4 11.7 27.5 77.9 24.9 152.2 9.6 32.9 81.5 22.2 156.2 8. 2 28.7 89.2 22.3 160.9 8.9 23.8 79.4 22.8 150.7 8.8 26.1 84.1 27.3 174.5 9.8 32.7 73.9 24.5 156.7 12.6 35.6 73.5 26.9 161.4 15.0 34.2 87.2 26.2 188.6 18.1 36.9 87.8 29.2 192.6 16.2 35. 6 89.6 33.1 178.6 14.6 31.2 75. 7 29.9 183.6 do do 42.2 47.8 42.8 47.4 38.3 52.1 39.0 58.7 38.5 58.4 31. 2 58.5 44.6 66.8 37.8 54.8 35.0 58.4 40.5 61.5 44.9 64.4 40.5 57.2 47.1 56.0 1, 202. 0 1,282.2 1, 257. 4 1, 259. 5 1,313.0 do 1, 369. 3 1,248.3 1, 189. 1 1, 392. 1 1,477.8 1, 137. 4 1, 287. 8 1,375.3 do do do 49.8 264.8 399.7 43.8 245.9 406.7 40.5 253. 2 341.5 58.8 288.4 425.3 35.0 254.7 368.4 51.3 242.0 402.4 60.7 264.4 471.7 41.6 234.7 359.0 47.9 235.9 406.2 58.4 254. 2 435.1 45.5 264.0 381.6 51.4 243.3 367.9 do do do 301.8 143.3 209.8 267.5 122.9 161.4 249.5 103.2 201.1 255.0 112.2 252.5 281.5 86.4 176.0 291.8 106.9 187.8 288.8 140.9 251.3 218.1 117.6 166.5 234.9 158.4 204.5 256.0 158.7 213.0 225.3 140.5 200.4 254.4 156.3 186.2 do do .4 11.1 1.9 9.4 .4 5.9 2 8.9 .1 8.9 .2 14.3 .3 14.8 .7 12.7 2.6 9.5 5.0 12.6 3.4 8.5 4.4 9.7 do do do do do do 18.3 2.5 20.3 88.9 22.9 29.4 17.3 2.4 20.0 91.2 15.0 30.9 17.2 2.5 19.6 88.4 14.0 34.4 22.5 2.0 20.3 99.3 17.8 36.0 15.3 3.0 18.5 95.9 15.3 25.5 14.1 1.8 19.3 95.9 12.6 21.1 20.7 2.4 21.0 107.8 15.0 14.7 14.0 1.4 20.1 93.8 21.6 22.0 16.2 1.7 25.2 83.0 15.8 24.8 11.1 1.1 23.4 98.8 14.5 27.0 14.8 2.0 21.7 100.2 16.4 26.5 7.0 1.7 22.3 96.0 '17.5 23.8 do do do do do 42.0 .9 80.1 32.5 1.8 98.0 43.5 .6 80.7 33.5 2.0 106.7 37.8 2 66.7 34.5 2.3 85.6 42.5 .3 87.3 34.0 3.6 103.5 36.2 .2 75.6 35.2 2.5 94.0 42.9 .2 82.5 32.2 1.0 96.6 45.0 .2 99.4 44.0 3.0 103.6 33.6 .2 70.2 28.8 .9 86.9 43.2 .3 88.4 35.4 3.3 92.8 46.8 .2 90.6 40.0 1.9 107.8 38.0 .2 77.4 36.3 2.2 88.5 35.1 2 72 Q 27.3 1 ^ 94.2 do 301.6 267.5 249.2 254 4 281.3 291.5 288.7 218.0 234.8 255.9 225.3 254. 3 334.0 235.3 261.8 353.0 252.4 324 4 336.7 306.4 308.5 do 321.9 259.5 280.2 Argentina do Brazil do Chile do Colombia do Cuba do Mexico do Venezuela do Imports for consumption, total do By economic classes: Crude materials do Crude foodstuffs do Manufactured foodstuffs and beverages do Semimanufactures do Finished manufactures do By principal commodities: Agricultural products, totalcfdo Cocoa (cacao) beans, incl. shells do Coffee do Rubber, crude, including guayule do Sugar do Wool and mohair, unmanufactured do Nonagricultural products total cf do Furs and manufactures do Iron and steel products©* _ do Nonferrous ores, metals, and mfs., to talc?— do Copper, inci. ore and manufactures do Tin, including' ore _ _ _ _ _ _ _ _ do Paper base stocks do Newsprint do Petroleum and products do 15.7 38.3 17.3 31.4 54.4 34.9 86. 7 1, 335.4 8.6 31.6 15.1 28.0 56.2 27.2 57.6 1, 235.9 9.7 70.5 14.3 27.3 43. 6 24.8 60.7 1, 190.1 10.1 82.1 21.7 43.8 43.1 25. 6 66.0 1, 349.2 8.8 42.1 16.1 25. 0 20.1 24.6 62.5 1,211.8 7.8 39.0 17.3 25.5 23.7 28.3 77. 2 1,261.4 8.8 66. 5 25.8 30.1 27.5 39.1 96.3 1,431.6 7.0 27.7 18.9 18.6 25. 6 38.6 72.7 1. 162.5 8.4 49. 2 12, 8 31.2 40. 8 52 4 79.8 1, 288. 6 11.5 44.9 19.8 26.4 51.6 45.4 84.6 1,366.1 287.8 136. 5 147. 7 306. 2 457.2 244.5 116. 4 149. 1 270.9 455.1 251. 4 144.7 137.0 253.8 403. 1 265. 1 190. 6 162. 9 274.4 456. 1 264. 6 113.6 118.2 257.0 458.4 251.9 129.2 109. 9 299. 2 471.1 283.3 189. 5 127. 9 322. 7 508.1 245.0 111.4 105. 9 289.9 410.3 246. 8 165.9 117.3 293.5 465.1 261.3 166.2 131.8 308. 3 498.5 336. 7 14.9 74.2 29.1 52.3 18.7 998.7 8.9 55.2 110.9 26.6 19.7 29.9 59.5 142.2 317.1 9.4 61.7 32.0 58.1 15.2 918.8 6.5 59.4 94.8 19.9 5.7 29.9 54.2 93.9 351.3 9.4 99.3 32.0 48.3 14.7 838.7 4.5 49.1 87.6 22.2 5.5 28.5 54.9 102.8 418.6 14.4 136.7 35.0 50.5 20.7 930.6 5.9 54. 5 94.1 31.1 14.2 28.2 58.8 116.0 276.9 5.9 65.7 36.6 23.3 18.0 934.9 4.2 56.7 93.3 21.9 8.6 29.0 58.9 109.3 283.4 10.2 74.5 36.3 17.9 12.0 978.0 5.7 76. 0 105. 6 42.3 7.6 32.0 60.9 122.8 367. 2 23.0 113.3 35.7 26.2 18.1 1, 064. 3 21.0 82.8 111.4 43. 5 7.4 28.3 65. 1 141.5 270.1 9.5 56.8 26.9 32.2 18.3 892.4 16.8 70.2 115.7 40.3 12.5 24.9 48.2 126. 6 343. 1 11.6 101,7 32.7 42.4 19.4 945, 5 13.5 69. 9 103.2 43.1 9, 1 30. 1 53.6 131.8 362. 9 12.6 95.1 31.4 50.2 23.9 1,003.2 9.8 69.3 98.6 33.2 10.4 29.3 58.1 134.6 Latin American Republics totalcf 8.6 9.3 47.7 47.4 13.8 17.0 24.0 18.8 60.3 48.2 40 1 38.8 72.5 84.2 1, 246. 3 1, 253. 1 1,295.6 255. 1 140.0 138.9 254.8 457. 5 256. 3 155. 6 144.9 243. 3 453.0 281 8 152. 6 140. 6 269. 2 451 . 4 336.1 13.5 74.7 30.4 48.3 17.2 910.2 9.7 52.0 92.8 31.4 8.9 25.0 54. 6 130.2 342.3 16. 7 82.3 26.8 58.3 13.8 910.8 7.0 42.9 96. 1 37.5 9.6 27.0 61.0 113.6 343. 4 17.4 84.3 2(5. 8 49.9 19.7 952. 2 8.4 38.8 100.4 37. 7 13.2 29.6 fiO. 5 138. 6 r Revised. ©Revisions for January 1958-January 1959 will be shown later. \ See 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. AManufactures of tobacco are included in the nonagricultural products total. .Excludes "special category, type 1" exports. ©Comprises pig iron, scrap, steel mill products, and certain other iron and steel products; excludes advanced manufactures. Revisions for exports and data for imports (prior to December 1958) will be shown later. *Xew series; see note marked "©". SURVEY OF CURRENT BUSINESS 1060 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-23 1959 July June i 1960 DecemAugust SeptemOctober November ber ber January February March April May 61, 498 30 236 10, 364 4 002 2, 444 June July TRANSPORTATION AND COMMUNICATIONS TRANSPORTATION Airlines§ Scheduled domestic trunk carriers: Financial operations (quarterly totals): Operating revenues total 9 mil. of dol Transport total 9 do Passenger do Property do U S mail (cxcl subsidy) do Operating expenses (incl depreciation) Net income (after taxes) do do Operating results: Miles flown revenue thousands _ Express and freight ton-miles flown do AT ail ton-miles flown do Passengers originated revenue do Passenger-miles flown, revenue millions _ 464. 1 400. 7 420.6 26.9 10.3 490.9 487. 0 445. 0 28.5 10.0 462. 1 458 7 414. 1 28 8 12 2 421.4 22.2 444. 4 22.6 461 6 50 452 448 406 9 8 10 9 4 8 4 9 474 7 d 13 7 64, 056 28, 543 9,200 4,112 2,628 65, 895 27, 841 9,128 3, 982 2,593 66, 544 29,341 8, 996 4,191 2,734 63. 321 31. 230 9,307 4,032 2,515 64, 247 32, 789 10, 138 3,988 2,385 60, 548 27, 521 9. 264 3, 712 2,202 63, 577 32, 087 14, 986 3, 745 2,377 62, 564 27, 274 9,741 3 732 2,416 58, 697 29 814 9, 729 3 440 2,136 62, 397 30 937 11,047 3 670 2 284 61, 874 30 280 10, 857 4 019 2,505 32, 231 13, 029 29, 406 10, 401 30, 292 11,033 34, 677 14, 708 34, 296 14, 422 32, 079 12, 164 40 834 17 171 27 508 7,970 29 691 9 930 32 782 12 634 30 815 11 003 17.9 630 110.9 18.0 597 112.2 18.0 18.1 573 629 18.1 18.2 107.1 110.0 124.5 117.8 Express Operations Transportation revenues Express privilege payments thous of dol do Local Transit Lines Fares average cash rate Passengers carried revenue© Operating revenues __ cents _ millions mil. of dol _ 666 625 18.2 18.5 18 5 18 5 18 6 18.7 127.1 114.4 112 7 123 8 121 9 118.9 681 616 613 679 652 647 18.6 620 Class I Motor Carriers (Intercity) Carriers of property (quarterly totals): Number of reporting carriers Operating revenues total Expenses, total Freight carried (revenue) 900 1,181.8 1,102.6 70.5 898 1, 159. 1 1,103.9 66.5 mil. of dol do millions.. 138 109. 8 93.9 57.9 134.0 104.4 62.8 thousands do do do 2, 813 470 42 163 r 2, 793 r350 '31 '197 2,712 do do do do __ do 239 17 318 162 1,400 r297 7-201 7-195 7- 1, 503 265 24 54 205 1,448 Freight carloadings, seas. adj. indexes (Fed. Res.): Total _ 1935-39=100 Coal do . Coke do Forest products do_ _ 115 92 136 129 96 61 81 129 169 35 180 26 129 mil of dol do do Operating exDenses do Tax accruals, joint facility and equipment rents mil of dol Net railway operating income _ do Net income (after taxes) do Carriers of passengers (quarterly totals): Number of reporting carriers Operating revenues total Expenses total Passengers carried (revenue) mil of dol do mil of tons 897 1,199.7 1,181.2 70.3 137 949 1 189 7 1 159 9 79 4 137 139 105.4 96.3 55.8 92 3 90 9 51.4 Class I Railroads Freight carloadings (A. A. R.):cf Total cars Coal Coke Forest products Grain and grain products Livestock . Ore Merchandise, l.c.l Miscellaneous ... ... . Grain and grain products Livestock . ___ Ore Merchandise, l.c.l._ Miscellaneous Financial operations: Operating revenues, total 9 Freight Passenger ___ do d o . do do do Operating results: Froight carried 1 mile mil. of ton-miles Revenue per ton-mile cents Passengers carried 1 mile (revenue) millions 2,908 542 16 202 2,403 452 28 157 2,376 454 45 156 2,870 555 58 185 2 293 2 300 3 088 2, 559 2, 514 403 12 163 530 50 200 430 33 157 451 28 156 201 32 35 165 1,179 284 55 50 213 225 32 156 154 176 19 146 143 1,237 1 536 238 21 226 189 1 237 194 17 79 153 175 20 289 146 1 199 185 14 85 149 203 15 290 138 1,546 229 22 109 176 1 228 1 635 1 308 1,232 1 425 95 81 40 130 96 87 42 127 98 90 42 123 107 97 93 136 120 97 142 143 119 95 143 141 113 87 137 129 110 87 146 126 111 88 126 130 109 90 107 124 102 83 89 121 97 66 78 120 143 35 88 25 114 135 37 25 26 108 132 46 21 26 108 161 52 23 26 107 167 46 152 25 114 134 36 403 24 129 137 35 310 24 131 133 32 297 24 127 150 38 252 24 121 150 34 185 24 125 141 39 185 23 123 149 169 31 150 899. 8 765. 7 61.5 821.6 687.3 64.2 774.4 642.7 62.4 769.2 648.7 49.9 808.3 687.3 47.3 780.9 658. 9 48.3 845. 8 696. 3 60.5 789 3 667. 7 55 1 774 2 658. 9 50 9 847 6 723 4 52 2 823 6 698. 1 51 0 829 5 705. 1 51 7 674.2 658. 5 629.4 615 1 625 8 617.4 654 3 633 9 620 7 658 6 634 1 648 3 136. 3 89. 4 72.6 114.2 48.9 31.3 105. 1 39.9 25.2 108.3 45.8 29.3 115.4 67.1 50.0 107.2 56.4 40.7 114 1 77.3 94. 8 111 8 43.6 30.4 111 3 42.2 24 6 127 8 61 2 44 2 I'M 4 65. 1 48 2 120 0 61.3 53, 507 1.467 2,123 46, 179 1.531 2,296 47, 090 1.412 2,262 45, 786 1.459 1,714 49,811 1.420 1,588 48, 881 1. 385 1,571 49, 502 1. 431 2,030 50, 265 1 384 1,824 46 732 1 435 1,628 51, 597 1 441 1, 654 51, 357 1 398 1 675 52, 664 14, 032 11, 657 2, 375 13, 459 10 859 2,600 13, 242 10, 575 2,667 13,808 11,265 2,543 13, 075 10 591 2,484 13,164 10 859 2,305 12, 942 11 018 1,924 11,712 9 874 1,837 12, 320 10 337 1, 983 12, 067 9 967 2, 100 4,748 1,290 4, 837 1,218 4, 542 1,114 4,334 1,091 4,287 901 4, 595 5,249 1,094 4,871 5 159 1,063 5,609 1,256 4 988 1,080 5 595 1,420 7-18 491 15 211 2,190 423 46 154 427 47 155 7- 31 163 22 113 Waterway Traffic Clearances, vessels in foreign trade: Total U.S. ports thous. of net tons.. Foreign vessels do United States vessels do Panama Canal: Total. __ In United States vessels r thous. of long tons ._ _do 855 d Revised. Deficit. § Data beginning 1959 include operations intra-Alaska and intra-IIawaii, not included in earlier figures. 9 Includes data not shown separately. ©Revisions for 1958 are shown in the June 1960 SURVEY. cTData for July, August, and October 1959 and January, April, and July 1960 cover 5 weeks; other months, 4 weeks. 873 5, 193 1, 268 2 847 357 29 180' 344 16 329 167 110 SURVEY OF CURRENT BUSINESS 'S-24 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1060 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July TRANSPORTATION AND COMMUNICATIONS—Continued TRANSPORTATION— Continued Travel Hotels: Average sale per occupied room _ dollars _ Rooms occupied percent of total Restaurant sales indexf same month 1951 = 100 Foreign travel: U S citizens: Arrivals . thousands. . Departures do \liens- Arrivals do Departures do Passports issued and renewed do _ _ National parks visits§ do Pullman Co.: Revenue passenger-miles millions Passenger revenues thous. ofdol . 9.08 69 117 8.42 60 117 9.41 64 110 9.28 70 116 9. 65 73 114 9.52 65 110 8.55 53 115 8.82 66 116 8.90 68 118 8.61 68 124 9.38 67 115 8.73 69 125 165 224 99 99 84 3,158 199 226 105 98 65 5, 306 252 186 121 88 51 5,612 203 145 133 98 44 2,130 151 122 102 83 37 1,192 119 101 79 68 33 817 110 120 82 91 38 528 127 136 82 62 56 1 561 131 146 78 62 72 1574 144 146 90 73 100 i 608 147 171 99 79 119 i 1, 131 158 301 4,813 302 4,829 300 4,786 249 3, 997 258 4,135 241 3,818 288 4,590 342 5,525 312 5, 052 317 5,130 284 4,581 652. 5 367.5 224.5 392.8 107.8 60.1 656.6 366. 2 229.3 408.5 103.2 60.4 654. 3 365.8 226.9 390.5 110.3 60.6 654. 3 369.1 222.3 400.2 109.6 61.0 666.6 376.7 227. 0 406.7 102.0 61.3 657.4 376.3 217.1 394. 3 110.8 61.6 679.3 383.0 232.5 423. 3 120. 4 62.0 667.1 381.0 221.3 395.9 111.3 62.2 665. 2 381.8 218.2 398.1 109.6 62.5 692.8 387.8 239.9 422.8 110.9 62.8 688.9 389.2 233.9 408 2 117.0 63.1 696. 6 390.8 239. 3 416.9 116. 5 63.4 22, 828 18, 960 2,849 21, 897 19,720 1,171 21, 905 18, 812 2,218 21,992 19, 114 2,034 22, 023 18, 967 2,263 20, 496 18, 225 1,540 22, 671 18, 993 3, 089 20, 356 18, 518 579 20, 526 18, 082 1, 260 22, 354 19, 146 1,984 21,356 18, 543 1,619 21, 825 18, 975 1,643 do_ do__ do 3,055 2,388 435 3,094 2, 364 411 2,936 2, 246 367 3,181 2,304 449 3, 237 2,399 489 3, 068 2, 289 449 3, 343 2, 751 283 2,976 2,478 135 3, 001 2, 412 230 3,346 2,534 452 2,970 2,513 157 3, 122 2. 612 189 do_ _ do do 4, 039 3,004 899 4,002 3,080 810 3,913 3, 060 721 4,094 3,078 894 4, 258 3, 105 1,045 4,034 3,116 803 4, 444 3, 367 916 4,148 3,177 822 4, 243 3, 205 887 4,365 3.394 823 4,007 3,142 706 4, 200 3,282 760 9.26 67 117 111 1 114 1, 805 1 98 3. 739 »"»9 COMMUNICATIONS Telephone carriers: Operating revenues 9 Station revenues Tolls, message Operating expenses before taxes Net operating income Phones in service, end of month . mil. ofdol- _ do do do do millions . - Telegraph, cable, and radiotelegraph carriers: Wire-telegraph : Operating revenues thous. Operating expenses, incl. depreciation _ __ Net operating revenues Ocean-cable: Operating revenues Operating expenses incl . depreciation Net operating revenues Radiotelegraph: Operating revenues Operating expenses incl depreciation Net operoting revenues ofdol do do CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic chemicals, production: J Acetylene mil. of cu. ft Ammonia, synthetic anhydrous (commercial) thous. of short tons._ Calcium carbide (commercial) do Carbon dioxide, liquid, gas, and solid do Chlorine, g a s _ _ _ _ _ do_ _ Hydrochloric acid (100% HCl) do 961 994 980 974 1,004 1,020 1,090 1,090 1 068 1,148 1,026 1 082 996 386.8 87.9 97.5 349.5 87.6 366.5 88.4 108.4 359.2 86.6 342.6 81.4 102.5 364.0 89.9 359.0 79.0 90.9 364.3 89.2 390.0 75.9 83.1 387.0 90.1 382.1 82.2 70.0 376. 6 87.6 419.7 103.9 70.6 379.5 90.7 396.4 92.2 66.8 385. 3 94.9 381 3 87. 9 65 8 369.5 90 6 423.4 100. 8 66.2 397.2 94 6 416.2 96.6 73.3 383. 9 93. 5 434.0 100. 5 r 84 6 395. 4 90 0 407.9 92 4 95 7 377 1 81 9 233.0 Nitric acid (100% HNO 3 ) do _ _ 4,639 Oxygen (high purity) mil o f c u . f t 147.9 Phosphoric acid (100% P. OR) thous. of short tons Sodium carbonate (soda ash), synthetic (58% Na.O) 413.1 thous. of short tons 10.0 Sodium bichromate and chroma te _ - _ _- - d o _ _ _ 387.9 Sodium hydroxide (100% NaOH) do Sodium silicate (soluble silicate glass), anhydrous 39.1 thous. of short tons . Sodium sulphates (anhydrous, re fined; Glauber's salt; 85.5 crude salt cake) thous. of short tons Sulfuric acid (100% H 2 SO4) _ _ do_ - 1,471.8 233.4 3,207 140.3 241.8 2, 066 154.1 261.3 2,033 153.4 268.7 2,113 162.7 268.5 3,710 153.7 288.3 5,312 159.6 288.0 5,094 162.4 280.7 4,771 158.8 304. 5 5, 135 183.9 275. 5 4 778 183.0 265 1 4 804 189 9 234 6 4 486 171 2 419. 7 10.2 394.7 423.8 9.4 398.7 406.5 8.9 397.5 428.1 10.1 420.0 427.6 10.5 407.0 402.3 10.4 404. 0 388. 7 11.8 415.4 381.9 9.9 401.0 415.9 10.1 428.3 399.0 11.1 407.7 392. 2 11.2 422 5 370.1 10.9 402.9 30.4 37.4 51.0 53.3 49.6 40.9 30.4 39.7 49.1 50.3 46.3 34.6 84.6 1, 375. 2 85.7 1, 324. 3 86.3 1,349.7 90.1 1, 456. 6 90.5 1, 457. 6 92.4 1, 548. 8 92.4 1, 589. 4 90.5 1, 501. 8 95.3 1,619.1 89.5 1, 556. 4 92 4 r 1.614. 2 1, 495. 4 57, 441 88, 733 1,393 58, 546 92, 679 1,012 58, 971 93, 860 1,361 61, 095 90, 649 1,262 64, 432 95,311 1,690 57, 303 81, 737 1,677 62, 266 104. 529 1, 805 60, 536 93 744 2,014 65, 926 93, 302 2,004 67, 137 99. 010 2,073 59, 955 89, 193 2,056 67, 261 98 308 1,992 47, 628 32, 747 29, 962 2,785 42, 494 771 41, 325 34, 848 41, 121 34, 110 39, 557 32, 269 42, 685 31, 579 42, 266 29, 497 41. 904 25, 266 42, 520 29, 279 41, 550 29, 1 24 43, 492 26 506 45, 335 28 410 49, 057 33 235 40, 003 708 38, 661 594 38, 348 714 42, 603 760 41,984 676 47, 999 570 41, 659 620 50, 005 655 44 112 746 47 015 647 46 502 660 22, 870 21, 609 6,744 21, 519 22, 788 5,453 20, 819 21, 439 4,825 20, 688 21, 965 3,506 22, 963 22, 631 3,827 22, 549 23, 924 2,448 25, 758 22, 885 5,736 22, 476 24, 587 3,669 26, 757 25,178 5,291 23, 674 25, 366 3 729 25,216 23, 167 5,723 24, 880 27, 276 3 380 Organic chemicals:^ Acetic acid (synthetic and natural), production thous. of Ib Acetic anhydride, production do Acetylsalicylic acid (aspirin), production. do_-_ Alcohol, ethyl: Production _ thous. of proof gal. _ Stocks, end of month, total do In industrial alcohol bonded warehouses. do_-_ In denaturing plants _ _ _ do _ Used for denaturation do Withdrawn tax-paid do Alcohol, denatured: Production thous. of wine gal Consumption (withdrawals) _ _ do Stocks end of month do r r r 8, 344 6, 236 6,371 5,587 7.085 9,088 4, 819 6,660 6, 980 9, 052 Creosote oil, production thous. of gal 9,688 7,946 12,012 12,717 13, 550 13, 328 12, 809 12, 377 13,617 13,199 14, 604 13, 863 DDT, production thous. of Ib 13, 393 13, 748 9,849 10, 754 7,923 7,935 5,925 7,495 8,381 7,248 8, 588 9, 359 Ethyl acetate (85%), production _ _ do _7,338 5, 895 99, 114 105, 406 114, 344 108,128 107, 262 96, 410 96, 623 103,150 91,956 94, 808 96, 402 97, 062 Ethylene glycol, production do Formaldehyde (37% HCHO), production do _ 149, 652 126, 515 148, 129 155, 724 159, 393 154, 846 140, 888 148, 791 147, 966 156, 861 147, 933 138, 955 Glycerin, refined, all grades: 23, 800 23, 500 23, 700 25, 400 25, 600 Production do. _. 24, 600 18, 500 23, 600 24, 200 27, 700 24, 800 25, 100 26, 600 42, 500 32, 900 34, 000 35, 000 40, 200 39, 600 36, 800 46 500 43, 100 42, 300 Stocks, end of month do 38 900 40 100 46 500 Methanol, production: 179 202 164 184 192 183 188 161 192 187 Natural __ thous. of gal__ 189 199 24, 979 22, 699 22, 265 22 524 25. 523 22, 591 23, 239 23, 770 24,502 24, 998 21, 800 22, 074 Synthetic do 17, 481 30, 970 32, 731 30, 675 31.476 36, 550 27, 091 23, 274 26, 483 35, 068 30, 858 Phthalic anhydride, production thous. of lb__ 31, 850 ! ' Revised. Reflects revised definitions of visits; comparison of January 1960 figure (on old basis) with data for January 1959 shows an increase of roughly 15 percent. t Revised series (first shown in October 1959 SURVEY), reflecting change in comparison base period; monthly data for 1953-July 1958 are available upon request. §Beginning with the October 1959 SURVEY, the figures include visits to Mount McKinley, Alaska and Hawaii National Park, Hawaii. Comparable data for earlier periods will be shown later. 9 Includes data not shown separately. ^Revisions for 1957 and 1958 appear on p. 24 of the April 1960 SURVEY. <f"Data (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated. SURVEY OF CURRENT BUSINESS August 1900 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-25 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June July CHEMICALS AND ALLIED PRODUCTS—Continued FERTILIZERS 789 thous. of short tons__ 473, 002 short tons 40, 778 do 393, 906 do 26, 446 - -_ _ _ . _ do 316 530, 043 62, 390 438, 590 25, 334 198 462, 443 34, 861 368, 917 40, 171 339 456, 690 33, 852 362, 969 51, 178 322 437, 592 24,170 326, 939 74, 683 336 342, 512 62, 129 239,817 27, 740 343 567, 564 68, 680 377, 877 97,357 406 430, 240 30, 928 313, 707 81, 898 510 503, 586 24, 632 404, 784 67, 017 1,146 547, 146 36, 063 413, 006 83, 988 2, 205 497, 862 26, 575 425, 667 31, 353 1,431 641, 697 46. 888 522, 742 60, 621 694, 324 42, 978 587, 210 49, 561 233, 441 143, 529 38, 837 33, 270 20, 582 371,174 287, 017 45, 418 25, 985 34, 857 323, 819 200, 980 32, 651 6,122 93, 022 326, 968 199,315 67, 118 12, 989 76, 514 135, 795 92, 385 25, 933 7, 460 15, 538 149, 848 89, 390 24,507 8,444 6,692 261,711 145, 033 28, 843 19.296 68, 169 147, 895 77, 824 25, 609 7,737 21, 885 252, 935 118,667 17, 622 8,814 72, 275 362, 895 169, 045 39, 043 6,918 41,117 294,711 163,619 29, 535 9, 863 38, 932 274, 835 134, 008 48, 265 15,041 37, 563 182, 445 99, 751 63, 822 25, 386 22, 534 85, 226 Potash deliveries do Superphosphate and other phosphatic fertilizers (100% A.P.A.):1 Production .__ short tons.. 187,649 229,917 Stocks end of month _ do 114, 563 223, 688 110, 579 187, 975 109, 971 255, 027 120, 286 182,836 232, 181 356, 235 254, 146 170,876 276, 912 180,126 286, 695 196,351 275, 685 218,808 286,148 221,540 324, 680 236, 088 356, 836 241, 784 377, 896 242, 513 367, 853 252, 501 318, 782 243, 929 ••256,674 223, 136 '224,376 216,938 306, 315 124 80, 696 84 72, 245 141 75, 282 223 72, 049 174 74, 223 241 70, 143 182 72, 838 157 69, 874 110 73, 278 117 76, 671 42 84, 515 81 87, 324 50 87, 071 175.9 106. 5 69.4 166.7 102.9 63.8 158.4 98.4 60.0 156.6 96.4 60.2 143.0 83.2 59.8 121.4 70.8 50.6 119.6 64.5 55.1 130.3 70.3 60.0 130.7 71.3 59.4 149.2 84.6 64.6 163. 6 98. 5 65.1 173.7 105.7 68.0 181.8 109.6 72.2 347 4,079 318 3,988 369 3,876 399 3,815 483 3,899 408 3,834 412 3,810 389 3, 846 366 3,811 437 3,810 424 3, 766 420 3,720 394 3,669 4,028 8,292 304 4,437 8,012 250 4,086 8,690 238 4,187 8,877 247 4,706 9,519 243 4,096 8,857 106 4,914 8,380 216 3,895 7,724 217 3,689 8,257 232 4,743 9,611 249 3,442 7,467 4,167 7,494 245 do _ _ - do do _ do _ do _ 46, 320 72, 312 33, 967 98, 405 34, 395 39, 952 65, 723 23, 470 94, 272 30, 587 46, 522 69, 210 28, 368 98, 766 32, 200 49, 988 75, 829 31,051 98. 924 33, 167 51, 754 78, 938 34, 146 105, 653 33, 197 48,519 73, 625 29. 366 100, 470 25, 541 47,318 77, 851 28, 538 103, 701 27, 559 47, 321 76, 715 28, 529 102 179 30, 119 48, 810 73, 549 29, 110 101, 255 31, 268 51, 520 79, 436 31, 576 108, 263 35, 224 43, 140 72, 840 30, 903 98, 122 33, 003 43, 850 73, 536 29, 531 97, 867 31, 796 Rosin modifications do __ Polyester resins do Polyethylene resins _ _ - do Miscellaneous (incl. protective coatings) c? do 12, 601 13, 680 98, 907 26, 468 10, 706 11, 686 100, 477 22, 434 11,428 11,394 103, 097 25, 748 12, 419 11,053 104, 616 27, 750 12, 878 12, 804 109, 338 25, 735 12,362 11,777 110,802 24, 917 12,123 13,752 112,660 25, 642 11, 652 14, 155 113, 006 26, 452 10, 274 14, 460 105, 663 29, 572 12, 246 16, 435 114, 566 31, 232 11, 366 16,034 114,019 r 31, 404 11, 600 15, 396 120, 159 30, 059 Consumption (10 States)! Exports total 9 Nitrogenous materials Phosphate materials Potash materials Imports total 9 Nitrogenous materials, total 9 Nitrate of soda Phosphate materials Potash materials do do do do _ do - MISCELLANEOUS PRODUCTS Explosives (industrial), shipments: Black blasting powder thous. of Ib High explosives do Paints, varnish, and lacquer, factory shipments: Total shipments _ mil. of dol _ Trade products do Industrial finishes __do _ Sulfur (native): Production thous. of lone tons. Stocks (producers') end of month do SYNTHETIC PLASTICS AND RESIN MATERIALS Production: Cellulose acetate and mixed ester plastics: Sheets, rods, and tubes _ _ __ _ thous. of lb__ Molding and extrusion materials - do Nitrocellulose sheets, rods, and tubes do Phenolic and other tar acid resins Polystyrene Urea and melamine resins Vinyl resins Alkyd resins ELECTRIC POWER AND GAS ELECTRIC POWER Production (utility and industrial), total t mil. of kw.-hr.Electric utilities, total _ do _ _ By fuels do By waterpower _ do _ 48, 586 11,254 68, 539 61, 695 50, 212 11,482 69, 562 63, 084 52, 127 10, 957 64, 846 58, 585 48, 321 10, 264 65, 499 59, 032 47, 529 11, 503 65, 275 58, 433 46, 764 11,668 70, 539 63,111 50 427 12, 683 71, 532 64 021 51 007 13 014 67, 622 60 330 47 807 12 523 72, 110 64 301 51 012 13 289 66, 220 58 717 45 478 13 239 67, 982 60 344 47 308 13 036 Privately and municipally owned utilities .__ do Other producers (publicly owned) do 49, 001 10, 839 50, 037 11, 658 51, 263 11,821 47, 979 10, 605 48, 359 10, 673 47, 889 10,544 51, 850 11,261 52, 346 11 675 49, 057 11 273 52, 047 12 254 47, 851 10 867 48, 932 11 412 do do ___ _ __do 7,550 7,284 267 6,844 6, 608 236 6,478 6,261 217 6, 261 6,017 245 6,467 6, 170 297 6,842 6, 550 292 7,428 7,100 328 7 511 7, 173 338 7 292 6,958 333 7 809 7, 461 348 7 503 7,158 345 7 638 7 284 354 do 52, 120 52, 723 53, 658 54, 007 52, 104 51, 603 54, 656 56, 202 55, 417 55, 965 54, 176 52, 830 _ _ do do 9,433 26, 551 10, 114 25 592 10,611 25, 297 10, 687 25 283 9,810 25 237 9,244 24 960 9 432 26 154 9 055 26, 553 8 843 1 8 801 26 503 i 27 124 8 696 26 584 8 782 26 781 282 13, 008 1,190 404 1,193 59 277 13 681 1,408 415 1,171 65 363 14, 190 1,499 446 1,193 59 364 14, 581 1,343 478 1,211 60 380 13 916 978 524 1,208 51 401 14, 314 875 561 1, 205 43 441 15 889 874 594 1,231 41 465 17 371 876 602 1 242 39 430 16 936 821 548 1,293 42 468 16 746 941 532 1 309 43 410 15 592 1 076 488 1 281 49 376 14 078 1 033 455 1 272 53 867.2 886. 3 906.9 921.4 891.1 881.5 916.6 942.5 932.7 929 5 908 8 891 9 Industrial establishments, total _ _ By fuels. _ _ _ __ By waterpower Sales to ultimate customers, total (EEI) Commercial and industrial: Small light and power . Large light and power Railways a n d railroads_ _ ...do _ Residential or domestic do Rural (distinct rural rates) _ - _ _ _ __ do _ Street and highway lighting _ _ _ do Other public authorities.- _ _ _ do_ _ Interdepartmental _ _ __ _ _do Revenue from sales to ultimate customers (Edison Electric Institute) mil. of dol._ 67, 390 59, 840 69, 304 61 920 49 474 12 447 7 384 7 060 324 GAS Manufactured and mixed gas (quarterly) : J Customers, end of quarter, total 9 thousands. Residential _ _ do Industrial and commercial _do_ ._ 2,866 2,674 189 2,770 2,584 184 2, 600 2, 429 171 mil. of therms. _ _ ..do do 511 344 154 287 163 114 570 404 156 Revenue from sales to consumers, total 9 mil. of dol_ _ Residential do Industrial a n d commercial _ _ _ _ _ _ _ _ _ _ do__ . 70.9 53 5 16.7 42.8 30 6 11.9 74.9 57 8 16.6 Sales to consumers, total 9 Residential _ Industrial and commercial r Revised. » Preliminary. 1 Data beginning March 1960 are not comparable with those for earlier periods because of reclassification of some companies from small to large. §States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia, consumption in that State is as follows (thous. short tons): 1959—January-March, 316; April-June, 303; July-September, 69; October-December, 73; 1960—January-March, 222. 9 Includes data not shown separately. ^Revisions for January 1958-April 1959 will be shown later. cTData prior to 1959 exclude protective coatings. " tElectric-power production revisions for 1958 appear on p. 20 of the January 1960 SURVEY. Manufactured and mixed gas revisions for 1st and 2d quarters of 1958 are available upon request. SUEVEY OF CUEEENT BUSINESS S-26 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1060 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June 9, 860 9,129 11, 458 July ELECTRIC POWER AND GAS—Continued GAS— Continued Natural gas (quarterly) : 9 Customers end of quarter, total Residential Industrial and commercial Sales to consumers, total Residential Industrial and commercial thousands - do do _ 28, 815 26, 557 2,223 28, 979 26, 740 2,204 29 882 27 481 2 366 19, 984 5,626 13, 254 15,618 2,332 12, 434 22 016 7 406 13 509 mil. of dol__ 1,053.8 549.4 do 472.4 do 735.7 299 2 411.5 1 259. 4 703 1 521.3 mil. of therms _ _._do _ do _ Revenue from sales to consumers, total Residential Industrial and commercial FOOD AND KINDRED PRODUCTS; TOBACCO ALCOHOLIC BEVERAGES Beer: Production thous. of bbl Taxable withdrawals do Stocks end of month do Distilled spirits (total) : Production thous. of tax gal Consumption, apparent, for beverage purposes© thous. of wine gal Taxable withdrawals thous of tax gal Stocks end of month do Imports thous. of proof gal Whisky: Production thous of tax gal Taxable withdrawals do Stocks end of month do Imports thous. of proof gal Rectified spirits and wines, production, totaled thous of proof gal Whisky do Wines and distilling materials: Effervescent wines: Production thous. of wine gal Taxable withdrawals do Stocks end of month do Imports - - do Still wines: Production do Taxable withdrawals do Stocks end of month do Imports do Distilling materials produced at wineries do 9, 586 8,823 11 316 9,648 9,307 11,116 8,689 8,602 10 698 8, 115 8,063 10 261 7,230 6,977 10 086 5 950 5,970 9 714 19, 264 11,235 15, 624 29 214 39 679 25 994 18, 641 12 817 888 779 2,510 17, 271 12 909 884, 237 2,377 17, 197 15 085 881 152 2,750 17, 408 15 946 879 755 3,613 21,232 19 440 879, 538 3 959 12 131 5, 967 782 853 2,236 6, 747 5,720 781, 225 2,112 7 193 7, 676 777 675 2 449 9 7 776 3 12 10 775 3 6,445 4 972 5,979 4, 703 6,755 5 173 349 268 2,188 62 305 167 2,308 46 1 601 11, 283 138 073 696 2,885 6 609 6,775 9 091 6 461 5, 595 9 649 6 325 5 826 9 774 8,138 6,960 10 515 8,187 7,435 10, 789 9,336 8,290 11,317 22 270 22 224 24 122 25 893 22, 904 23, 844 19, 534 14 658 918 872 2,827 18 314 14 117 921 318 2,629 14, 121 928, 377 2, 936 3,044 16 7 801 2 15 6 804 2 14, 787 6,363 810, 795 2, 569 2, 718 573 053 354 010 27 10 891 3 574 749 426 535 15 10 899 2 042 630 260 001 15 11 907 2 149 045 401 568 12 599 8 661 11 5 779 3 716 641 443 118 13 5 785 1 945 449 378 752 15 030 5 773 792 083 1 980 8 377 6 646 9 909 8 083 8 224 6 543 5 741 4 390 5 236 3 853 5,835 4 507 6 977 5 472 6 552 4 990 6,842 ' 5, 247 285 204 2,326 52 229 275 2, 296 96 251 357 2,154 102 248 432 1 949 108 334 431 1 814 140 372 217 1 947 47 369 174 2 122 48 437 224 2,317 63 398 242 2 452 75 373 289 2,520 79 1,410 9,671 126, 029 552 2,185 6 243 10, 406 117,477 690 21, 677 57 452 12,287 167 740 981 122 953 74 543 13, 269 229 309 144 090 12 702 13 731 226 273 912 95 no 4 175 13 946 209 747 1,128 7 254 2 834 11 212 202 453 603 4 280 2 195 11 552 189 418 576 3 105 2 746 15, 030 178 536 837 2,301 1 854 12 460 164 495 777 1 577 1, 846 11.929 155, 882 884 1,779 135, 605 thous. ol Ib 138, 224 do .588 dol. per lb_. 112,485 148, 060 .593 90, 890 131, 988 .609 82 555 93 012 .637 92, 105 67, 286 .633 91, 240 46 690 .647 108, 105 31 050 .630 118 760 33 992 .588 120, 115 42, 958 .588 131 300 64 865 .588 130 025 148, 475 86 148 '•119,117 .588 .589 142, 930 161, 880 .586 thous of Ib do 129 355 94, 085 113 440 81, 350 103 r/o 97, 930 61, 585 88 790 53 465 100 495 59, 825 101 490 63 310 103 210 66, 700 122 335 79 705 132 615 92' 775 156, 575 114, 285 156, 975 114, 130 854 715 868 173 21 16 883 4 3 590 900 470 830 225 914 153 991 443 097 874 642 313 71 800 DAIRY PRODUCTS Butter, creamery: Production (factory) t _ Stocks cold storage end of month Price, wholesale, 92-score (New York) , Cheese: Production (factory) total! American whole milkj 150 075 112 310 69 950 .586 347, 725 371, 620 375, 833 369, 862 349, 461 320 215 304, 084 283, 290 268, 227 261,835 275 912 307, 523 341, 252 Stocks, cold storage, end of month, total do American, whole milk _ _ do _ 307, 301 330, 626 334, 261 327, 126 308, 105 281,033 265, 671 245, 755 231, 719 228, 222 240, 950 267, 071 298, 178 4,494 4,670 3,614 3,906 8, 753 5,148 4,167 4, 333 5,245 4,167 6,724 6,576 Imports do 4,738 Price, wholesale, American, single daisies (Chicago) .392 .392 .382 .380 .380 .415 .415 .415 .392 .388 .415 .385 .401 dol. perlb__ .404 ..Condensed and evaporated milk: Production, case goods:! 6,140 6,460 6,160 6 110 5,430 6,100 4,480 5, 000 4 925 5 025 4,470 Condensed (sweetened) thous of Ib 6 670 4 370 Evaporated (unsweetened). __ _ do_ _ 269, 600 235, 200 216. 200 184 800 152, 200 124, 700 136, 200 132, 900 136, 900 169, 600 202, 600 264, 000 246, 000 Stocks, manufacturers', case goods, end of month: 6,435 6,447 6,444 5,715 5,666 4, 596 5,412 5, 108 5 517 6 913 5 436 Condensed (sweetened) thous of Ib 3 718 4 270 95 644 112, 475 206, 758 261, 819 Evaporated (unsweetened) do _ 288, 979 332,895 375,354 383 959 325,095 279, 028 225, 092 178, 446 135, 954 Exports: 5,002 3,664 2,853 3,996 2, 653 2 997 2 194 3. 563 3,447 3,370 2,015 4 683 Condensed (sweetened) do 3 176 4,444 5, 840 5,918 9,375 17,063 8,216 10, 669 5,983 5,608 11,491 9,259 Evaporated (unsweetened)- _ _ _ _ _ do _ 5, 927 2,834 Price, manufacturers' average selling: 6.33 6.15 6.38 6.37 6.16 6 38 6.31 6.25 6. 18 6. 18 6 37 6 35 6 34 Evaporated (unsweetened) dol per case Fluid milk: 9,862 12, 626 11, 158 9. 679 12, 141 9, 476 10, 243 12, 059 9 389 10, 862 9,471 Production on farms mil of Ib 11 313 8 894 3,789 3,568 5,242 4,148 3, 839 5,089 3, 070 3,246 4,335 3, 168 3,504 4,913 Utilization in manufactured dairy products t do 4,478 3.92 3.72 3.82 4.62 4.11 4.49 4.36 4.57 4.38 4.27 '3.80 4.19 3.96 *>3.96 Price, wholesale, U.S. average! dol. per 1001b__ Dry milk: Production:! 6, 600 7,100 9,700 9, 200 11, 000 8. 800 7, 400 8,900 9,950 8,000 Dry whole milk thous of Ib 8,800 10, 300 9 800 96. 200 99, 300 104, 600 136, 800 149, 000 156, 300 167, 400 182, 200 223, 000 210, 300 Nonfat dry milk (human food) _ do 200, 000 150, 400 117,500 Stocks, manufacturers', end of month: 7,282 7,490 6,486 6,791 5,724 6,772 6,822 6,846 4,919 7,055 5, 543 7,474 5,343 Dry whole milk do 144,822 132,252 114,672 96, 567 102, 204 105, 533 101, 646 112, 293 150, 528 158, 304 86, 915 85, 356 98, 648 Nonfat dry milk (human food) _ _ _ _ do_ _ Exports: 2, 035 1,981 4,446 2 997 1,276 2,798 1,393 2, 560 Dry whole milk _ _ do 2,203 3, 380 3,687 2,787 2,525 5,550 29, 524 9,436 5,312 27, 786 19, 128 19, 402 30, 972 21, 920 Nonfat dry milk (human food) do 7,470 19, 150 35, 105 6,073 Price, manufacturers' average selling, nonfat dry .135 .136 .136 .136 .137 .137 .138 .134 .135 milk (human food) ___dol. per lb__ .137 .135 .137 .135 r Revised. p Preliminary. O Alaska included beginning January 1959. 9 Totals include data not shown separately. Revisions for 1952-58 for total sales and total revenue (for 1st and 2d quarters of 1958 for other items; see footnote) are on p. 24 of the April 1960 SURVEY. cf Data beginning July 1959 exclude production of wines and vermouth; for July 1958-June 1959, such production totaled 43,600 gal. {Revisions for the indicated items and for the periods specified are available upon request as follows: Butter and cheese (total and American)—January 1957-July 1958; condensed and evap,orated milk—January-July 1958; dry whole milk—January 1952-December 1955 and January-July 1958; nonfat dry milk—January 1954-July 1958; fluid milk used in manufactured dairy products—January 1956-August 1959; fluid milk price—June 1958-February 1959. SURVEY OF CURRENT BUSINESS August 1!>00 S-27 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July 1960 DecemAugust Septem- October November ber January February March April July June May FOOD AND KINDRED PRODUCTS; TOBACCO—Continued FRUITS AND VEGETABLES Apples: Production (crop estimate) Shipments, carlot Stocks cold storage end of month 2 rl 109, 400 74 894 1,577 589 306 184 307 331 14,300 1,518 49, 791 1,526 44, 259 !21,787 2,300 33, 586 1,625 24 065 1,767 16 720 2,130 9,442 1, 666 4 248 ' 1, 425 7,123 Citrus fruits, carlot shipments No. of carloads. . Frozen fruits, juices, and vegetables: Stocks, cold storage, end of month: 362, 245 Fruits thous. of Ib Fruit juices and purees - -_do_ _ 633, 096 623, 129 Vegetables do Potatoes, white: Production (crop estimate) thous. of cwt 16, 444 Shipments carlot _ _ No. of carloads Price, wholesale, U.S. No. 1 (New York) 5.450 dol. per 100 Ib 6,025 5,203 4,243 3,491 4,602 9,431 7,464 6,600 6,978 7,135 ' 7, 475 ' 5, 301 498, 221 573, 275 730, 596 533, 934 517, 051 871, 747 521, 708 446, 617 925 030 512 461 498,016 401, 760 356, 983 930 662 906 970 464 698 360, 091 844 288 428 838 478, 791 754 780 376 135 526 652 670 432 321 639 496, 016 612 967 271 614 538 952 586 537 9,076 6,942 9,488 10, 290 11,258 '243 281 12 829 14 763 13 414 20, 593 4.090 3.635 3. 150 3.400 4.063 3 804 4.215 4 125 4 975 6 642 r (j 750 P 4. 760 70, 769 82, 896 65, 228 63, 717 59, 339 63, 992 71, 664 65, 919 74 174 76, 707 89, 426 72 795 60, 450 13, 731 21, 156 32, 227 18,110 14, 977 14 710 420, 1C1 11 379 15 785 13 229 13 065 10 962 13 967 17 057 35, 140 65, 315 12, 077 34, 988 39, 474 35 738 35 096 8 337 8 317 9 338 32 146 120, 685 8 459 32 149 12, 573 37 505 198, 429 7 879 37 253 14, 782 40, 896 266, 882 11,821 38, 014 14, 368 25 918 '3 28 657 32 054 56, 233 4 581 3 912 1.207 1.155 1.165 1.160 1.167 1.120 1.174 1.094 1.172 1.108 1.174 1.112 1.159 1 085 1.170 1. 114 1. 144 1 083 1.156 1.075 1.157 1 081 1.176 1 112 1.162 1.075 12, 685 24, 226 13,863 21, 592 13, 575 18, 452 14, 107 26 839 11, 901 55 612 4 361 11,812 31 974 12, 492 21 916 12 521 32 448 12, 881 25 977 12 239 25 150 13 118 34 267 13, 777 34 517 104, 622 101, 876 124 633 129 711 122 242 13, 689 16 734 17 882 15 464 110 718 1 334 7 16, 156 101 971 23,410 127 101 2 088 0 15,047 195 934 12, 902 136 123 3 094 4 26, 005 129 388 15, 094 102,855 331.3 15, 835 107, 094 22, 339 1.265 1.222 1.272 1.203 1.163 1. 116 1.097 1.071 1 100 1.044 1 095 1.025 1.144 1.043 1 128 1.012 1 194 1.135 19, 975 18, 379 8,159 5,981 5, 693 i 1,074 6,412 5,892 21,754 29, 246 19 028 4, 845 .704 31,054 898, 338 2, 495 .686 26, 084 9, 330 .701 4,202 .740 5 546 .792 thous. of bu_ No. of carloads, _ thous. of bu '418 303 1, 166 333. 071 620, 880 558 671 251 775 648 357 544 864 14 943 r 17 704 4,276 r 2 256 266 7,564 2 410, 967 13 616 18, 292 GRAIN AND GRAIN PRODUCTS Exports (barley, corn, oats, rye, wheat) J. thous. of bu__ Barley: Production (crop estimate). Receipts, 4 principal markets Stocks, domestic, end of month: Commercial On farms _ _ Exports including maltt§ Prices, wholesale (Minneapolis): No. 2, malting No 3 straight- _ _ . do_ _. do _ - do do.__ do _ 1 3 dol. per b u _ _ do. _ Corn: Production (crop estimate) mil. of bu 13, 545 Grindings, wet process© _ _ _ _ _ _ thous. of bu 34, 702 Receipts interior primary markets do Stocks, domestic, end of month: 116,813 Commerical _ do 1,117.5 On farms mil of bu Exports, including meal and flour J thous. of bu _ 19, 737 Prices, wholesale: 1.289 No 3, yellow (Chicago) dol. per bu 1.246 Weighted average, 5 markets, all grades do Oats: Production (crop estimate) mil. of bu__ 9,348 Receipts, interior primary markets thous. of b u _ _ Stocks, domestic, end of month: 14, 365 Commercial do 3 298,427 On farms _ _ _ _ do 4,412 Exports, including oatmeal t do .700 Price, wholesale, No. 3, white (Chicago) _ -dol. per bu . . Rice: Production (crop estimate) thous. of bags 9California mills: 93, 618 Receipts, domestic, rough _ thous. of lb_ Shipments from mills, milled rice . . . _ do_ __. 62, 920 Stocks, rough and cleaned (cleaned basis), end 53, 396 of month _ _ . _ . _ _ thous. of Ib Southern States mills (Ark., La., Tenn., Tex.): 61,418 Receipts, rough, from producers _ _ . do 209, 588 Shipments from mills, milled rice do Stocks, domestic, rough and cleaned (cleaned 488.9 basis), end of month mil. of Ib Exports! _ _ _ . _ _ - _ _ thous. of lb_- 175, 264 .093 Price, wholesale, head, clean (N.O.) dol. per lb_ 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_. Wheat: Production (crop estimate), total Spring wheat_ Winter wheat Receipts, interior primary markets Disappearance (quarterly total) Stocks, end of month: Canada (Canadian wheat) __mil. of bu. __ .do do thous. of bu_. do do 594 2,820 1.260 127, 557 74, 501 55, 578 48, 000 42, 687 29, 510 37, 521 185, 610 75, 389 45, 664 26, 875 flourt do do Prices, wholesale: No. 1, dark northern spring (Minneapolis) dol. per bu-_ No. 2, hard winter (Kansas City) do No. 2, red winter (St. Louis) __ do Weighted avg., 6 markets, all grades— . _ do _ 1 149 r 1 206 '1.124 1 213 1.145 1 200 1.152 5, 712 6,209 3,421 4,830 7,672 16 029 15 896 8 865 1 923 .755 14 366 426 526 1 891 '.773 11 309 3 487 .780 3 212 (4) 784 (4) 101 502 87 247 111 974 75 847 79 968 51 687 125 320 109 295 113 300 108 707 73 218 117 767 221 461 158 260 264, 019 74 410 203, 612 66 678 217, 531 64 075 201, 045 791 3 1 060 8 190 493 176 432 .083 083 658 9 169 367 .083 547 4 174 149 .083 421 i 167 725 p!o83 641 4,458 1.159 969 3,811 1.167 75 423 95, 151 110,022 165, 228 118 155 217, 375 592.2 142, 268 .091 365. 8 204, 780 .089 891.1 90, 401 .081 1,401.0 203,115 .081 2,524 4,979 1.242 4,017 7,613 1.261 1,441 8,702 1,256 821 8,336 1.264 368, 623 406, 382 539, 068 1 363. 7 1 274 3 1 177 2 113 241 96 800 177 568 .081 .083 .083 11,128.2 1 204 7 i 923. 4 18, 773 25, 076 257,716 40, 170 290,514 25, 251 398, 930 384, 031 369, 722 369, 701 556, 360 2 133.6 526,717 540, 605 1 877 8 522, 243 485, 656 1,074,638 455, 257 36, 425 33, 542 i 21, 495 583 7,792 1.214 29, 91 7 25 634 33, 099 27, 627 382 691 287 6,424 1.213 298 5,810 1.178 26, 261 21 818 35 497 26 940 .734 2 52 964 r 2 31 084 3 338 5,839 1.083 2 068 4, 284 1. 150 2 23, 101 18, 556 24,317 316 153 r 18, 745 18, 478 1 362 0 2 245 4 21 no Q 30. 957 103, 697 252 953 364 674 373 173 r 389 757 408 375 r i 5(33 8 3 •[ 313 i 502, 137 ~487~084~ 458, 349 "478", 427" 460, 91 6 '3411,976 "560," 737" 380 402 372 908 989 448 331, 742 29, 400 25 527 361 4,859 1.157 9 769 75 145 81 240 125 320 57 596 77, 295 1, 167 10, 198 r 7 675 229 108 314 .750 111 624 51, 671 288, 156 204, 494 r 3 53, 122 84 303 56 289 4 112 28 441 2 72, 678 1 177 7, 535 1.253 r r r 1. 079 250, 976 1,168,507 1,144,978 150, 912 219, 857 237, 604 51, 258 34, 408 26, 762 78 034 46 481 2 34, 322 140, 284 r3 Exports, total, including Wheat onlyt 17 824 699 481 1 241 .796 1 86, 660 United States, domestic, totalcf- _ _ _.mil. of bu 1,295.1 Commercial (at terminal cities) J_-- thous. of bu_. '3403, 845 Interior mills (incl. merchant), elevators, and warehouses thous. of bu__ 3••3695,241 On farms. do 114, 937 1.092 1 013 1 51, 078 247,716 T 5 949 39 953 33 502 AK OQ1 on Qijo r 836 734 206 161 ~~ 51 230 43 035 62 283 54 865 3 740 f)48 3 97 306 52 146 47 191 39 242 34 740 2.295 2.310 2.241 2.243 2.293 2.299 2.246 2.242 2.245 2.258 2.256 2.269 2.285 2.287 1.916 1.936 2. 013 1.993 2.048 2.058 2.081 2,072 2.100 2.123 2.103 2.008 1.892 1.953 a\ 2 lOQ 1 801 1 773 1 867 1 881 1 858 2 048 1 998 1 979 2 OQ9 2 AO7 2' 280 9 93°. 2.122 2.246 2.281 9 941 2.087 2.248 9 927 9 948 9 9fi1 9 9p;o 9 17/1 9 H9Q 2 'Revised. * Preliminary. i December 1 estimate of 1959 crop. August 1 estimate of 1960 crop. 3 Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn). 4 No quotation {Scattered revisions for 1958-January 1959 for exports of indicated grain series will be shown later. §Excludes a small amount of pearl barley ' OData beginning January 1959 are on standard 17-percent moisture basis; prior thereto, on basis of varying moisture content (from 12 to 25 percent). $ Bags of 100 Ib. cgThe total includes wheat owned by Commodity Credit Corporation and stored off 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. ' SUKVEY OF CURRENT BUSINESS S-28 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1000 1959 Juno July August I960 Novem- DecemSeptemOctober ber ber ber January February March April May June M9 042 r80 9 359 r 43 473 20 184 82 1 384 46, 127 July FOOD AND KINDRED PRODUCTS; TOBACCO—Continued GRAIN AND GRAIN PRODUCTS— Continued Wheat flour: Production: Flour thous of sacks (100 Ib ) Operations percent of capacitv Offal thous. of short tons Grindings of wheat thous of bu Stocks held by mills, end of quarter thous of sacks (100 Ib ) Exports do Prices, wholesale: Spring, short patents (Minneapolis) § dol per 100 Ib Winter hard short patents (Kansas City)§ do LIVESTOCK Cattle and calves: Slaughter (federally inspected) : Calves thous of animals Cattle do Receipts principal markets do Shipments feeder to 9 corn-belt States do Prices, wholesale: Beef steers (Chicago) dol.perlOOlb Steers, stocker and feeder (Kansas Citv) do Calves vealers (Natl Stockyards 111 ~)c? 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 Shipment^ feeder to 9 corn-belt States do Prices, wholesale: Lambs average (Chicago) dol. per 100 Ib Lambs feeder, good and choice (Omaha) _ do MEATS Total meats: Production (carcass weight, leaf lard out) , inspected slaughter mil. o f l b Stocks (excluding lard), cold storage, end of month m il of Ib Exports (including lard) do Imports (excluding lard) do Beef and veal: Production inspected slaughter do Stocks cold storage end of month thous of Ib Exports do Imports do Price, wholesale, beef, fresh, steer carcasses, choice (600-700 Ibs.) (New York) dol. per Ib Lamb and mutton: Production inspected slaughter thous o f l b Stocks cold storage end of month do Pork (including lard), production, inspected slaughter mil of Ib Pork (excluding lard): Production inspected slaughter thous of Ib Stocks cold storage, end of month do Exports do Imports do Prices, wholesale: Fresh loins, 8-12 Ib. average (New York) do Lard: Production inspected slaughter thous of Ib Stocks dry and cold storage end of month do Exports do Price wholesale refined (Chicago) dol per Ib 20 180 82.7 376 46 054 19 948 78 1 374 45 444 20 512 88 1 390 46 870 21 370 91 5 409 48 942 22 411 91 6 427 51 148 21 671 97 5 409 49 503 21 630 88 4 413 49 529 21 884 98 3 414 50 060 20 396 87 0 387 46 632 22 137 85.7 422 50, 612 19 350 82 2 368 44 271 4, 389 3.324 1,253 1,862 4 757 2,379 1, 684 1 932 4 847 3,721 2,805 2 658 4, 462 3,563 3,225 5.690 4 975 5 730 5 065 5.550 5 070 5 500 5 100 5 540 5 165 5 560 5 165 5 460 5 150 5 228 4 850 15 238 14 gi7 366 1,473 1,793 295 382 1, 557 1 699 329 359 1,450 1 855 444 415 1, 539 2 197 862 471 1,586 2 401 1, 143 438 1,462 2 243 1,016 456 1, 552 1, 815 544 413 1, 564 1 731 2 378 389 1,437 12 568 270 482 1,577 12 703 309 394 1,412 12 569 295 378 1,606 1,827 2 352 397 1,692 1,741 2 301 28.15 27.24 30.50 27. 61 26.47 28. 50 27. 36 25 96 30.00 27.48 25.38 29. 50 27.06 24.41 29 00 26.31 23.34 29.50 25. 26 22. 51 30.00 26. 10 23.31 33.00 26. 37 23. 80 33.00 27.40 25.14 33.00 27.13 25. 46 28.50 26. 75 25. 38 29.00 25. 58 23. 50 p 26. 00 4 902 2,635 5 184 2 623 4 977 2,539 5 767 2 881 6 646 3 216 6 337 3 299 6 968 5,462 6 516 3 167 5 841 2 744 6 116 2 782 5 571 2 578 5 483 2,672 5, 086 2, 465 14.94 13.02 13.56 13.20 12.60 12. 19 11.19 12.08 13. 15 15. 19 15.68 15.57 16.11 16.57 12.8 11.9 12.2 12.2 12.7 12.3 11.8 12.4 13.1 15.1 14.8 14.4 14.8 15.2 1,056 936 168 1 107 912 220 1 010 1,061 431 1 177 1 474 560 1 200 1, 527 532 1 070 1 089 250 1, 182 1 , 002 141 1,237 1,031 160 1 076 870 160 1 088 858 159 1 054 902 148 1 110 1,086 258 1,137 881 205 25. 25 20.62 22.50 19.46 22.00 19.50 20.62 19.08 19.75 18.80 18.50 18.13 17. 75 17.10 19. 50 17.70 20.62 19. 18 22.25 20.35 21.25 21.20 21.25 20.88 21.50 19.61 1,916 1,991 1,840 2,038 2,238 2,128 2,322 2, 238 1, 995 2,144 1,959 2,071 2,054 582 72 101 513 87 87 432 75 88 408 94 108 491 102 66 477 109 54 544 68 81 597 99 64 617 82 56 594 88 53 641 94 71 634 80 57 590 89 67 926.9 177, 562 1, 759 56, 785 975.7 173 148 2,095 58, 432 902.7 170, 816 2,159 70,218 962.3 178 606 2,729 88,618 991. 5 170 689 3,379 48, 452 913.4 186, 134 3,117 37, 805 986. 0 212, 069 2, 560 59, 387 999.3 204, 302 2,494 39, 345 912. 3 193, 840 2, 158 33, 232 1,000.3 173, 574 2, 201 32, 887 887.7 166, 041 2,640 45, 933 1,004.8 156, 143 2, 062 r 36, 220 1,044.7 148. 731 2,142 43, 044 .480 .469 .461 .473 .461 .454 .449 .456 .461 .476 .474 .473 .451 53, 333 9,943 52, 067 11, 423 48, 010 16, 614 50 008 17, 374 45, 719 14, 605 54 344 13, 736 55 886 12 300 1 1 1 1 5 293 4 933 r 2, 155 4,165 1,957 i 5 343 r i 5.455 p i 5.432 i 4 933 T i 5 033 p i 5 048 50, 800 12, 624 57, 552 14, 794 61, 755 14, 046 54, 256 12, 203 54, 830 11, 188 52, 430 10, 921 941 3 965 4 892 0 1 021 6 1 190 2 1 103 4 1 278 9 1, 177 0 1 028 7 1,088 7 1,018.9 1,012 9 957 3 701 039 313, 141 4,801 15, 705 713 515 248, 352 5,788 15, 678 670 330 183, 745 6,825 11,885 773 253 163, 447 6,546 12, 101 902 803 184, 825 6, 896 11,858 876 741 223, 830 7 979 11,875 954, 721 264, 280 4, 668 13, 484 886, 706 311,537 4,849 15, 057 788 091 342, 574 5, 515 14, 246 819,880 337, 921 7,828 11, 832 773, 678 383, 291 7, 078 15, 448 766, 768 386, 291 5,948 14, 646 716,454 354, 077 3,583 17, 329 490 .496 464 .457 450 .446 454 .480 439 .460 .450 .411 451 .375 430 .390 441 .406 478 .455 .476 .429 492 .453 P 484 .492 175 734 147, 800 46, 840 120 183 991 135 600 58, 365 113 161 921 100, 300 39, 535 108 181 780 93 000 57, 279 H8 210 0?1 80, 400 67, 845 114 208, 587 92, 100 70, 722 115 238, 203 123, 700 36, 585 . 108 211 742 135, COO 68, 800 105 176 082 146, 800 50, 260 108 196 299 144, 800 55, 506 113 179, 103 136, 000 56, 154 .123 180 153 149, 800 49, 825 120 175,670 136, 400 62, 724 p 122 POULTRY AND EGGS Poultry: 482 Slaughter (commercial production) mil of Ib Stocks, cold storage (frozen), end of month 196 847 thous of Ib 64, 816 Turkevs do Price, in Georgia producing area, live broilers .151 dol. per lb__ Eggs: 14.3 Production on farms mil of cases 9 Stocks, cold storage, end of month: 1 054 Shell thous of cases 149 175 Fro? en thous of Ib Price, wholesale, extras, large (delivered; Chicago) .275 dol. per doz_. 475 545 600 699 604 456 409 372 403 413 490 196 438 66, 885 226, 474 87,115 277 086 133, 501 384 611 220, 370 352, 826 183, 329 316. 686 149, 176 299, 709 142, 296 261, 493 123, 954 220, 381 105, 208 184, 704 87, 277 159, 218 74, 306 147, 858 64, 814 .153 .148 .147 .144 .140 .168 .162 .172 .177 .171 .171 .171 13.7 13.1 12.6 13.3 13.2 14.3 14.8 14.1 15.4 15.3 15.8 14.4 888 152 105 739 149 086 554 134 786 469 119 355 297 96, 175 188 78, 678 304 75 275 345 78, 089 181 81, 431 299 90, 104 753 121, 768 1, 147 157, 553 .291 .312 .407 .342 .307 .289 .259 .267 .345 .363 .328 .297 25. 30 21.81 20. 25 17.95 .441 .508 .172 .321 MISCELLANEOUS FOOD PRODUCTS Cocoa (cacao) beans: Imports (incl shells) Price, wholesale, Accra (New York) 22, 792 14,411 32, 854 31, 394 12,710 30 392 14 388 20, 093 18 614 17 997 8 048 12 593 .284 .298 .288 .309 .285 .303 :290 .383 .271 .330 .358 .370 .358 * Revised. » Preliminary. i Beginning 1960, Minneapolis prices cover standard patent and Kansas City prices, 95 percent patent. January 1960 prices comparable with December 2 1959: $5.500 (Minneapolis) and $5.145 (Kansas City). Beginning 1960, for 8 States (Wisconsin excluded); January 1960 figure for cattle and calves, 9 States, 382 thous. § Quotations are for 100 pounds in bulk; prior to 1959, for 100-pound sacks. <? Chicago prices through 1958 (January 1959 price at Chicago, $33.00). 9 Cases of 30 dozen. long tons dol. per lb_. 18, 668 .381 August I960 S-29 SURVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS 1959 June July August 1960 SeptemNovemOctober ber ber December January February March April May June July FOOD AND KINDRED PRODUCTS; TOBACCO—Continued MISCELLANEOUS FOOD PRODUCTS— Con. Coffee (green): Inventories (roasters', importers', dealers'), end of quarter thous. of bagscfL _ R castings (green weight), quarterly total _ do Imports do From Brazil - do Price, wholesale, Santos, No. 4 (New York) dol. per lb_^ Confectionery, manufacturers' salesj thous. of doL_ 2,278 4,987 1, 505 611 1, 255 472 2, 163 1.275 .365 70, 000 .378 65, 000 .365 73, 000 200, 907 230, 052 3,350 r 1,232 392 2,147 796 2 857 5 833 2,018 780 2, 931 5, 205 1,903 1,002 1,472 738 1,621 601 3 370 5 678 2,369 1,105 .353 . 360 131,000 126,000 .373 121, 000 .361 108, 000 .366 101, 699 .370 105, 495 .370 104, 892 240,248 237, 586 242,153 232, 009 209, 489 180, 452 142, 880 133, 765 146, 579 165, 149 2,821 2,247 1,962 1,780 1,477 1,419 2,575 3,921 4,302 3,996 3,204 27, 788 714, 619 197, 555 79, 589 618, 316 181, 940 132, 639 807, 704 243, 097 627, 591 275, 623 159, 200 849, 769 251, 474 155, 091 663, 671 142,610 78, 107 273, 431 605, 046 30, 808 84, 706 506, 582 81, 730 47, 042 53, 963 63, 640 573, 532 1.029,544 883, 079 1 053 226 149, 826 232, 758 '166,150 402, 635 781, 190 774, 670 6,520 897, 874 886, 772 11, 102 919, 941 1,006,135 658, 754 909, 235 992, 427 652, 252 10, 706 6,502 13, 708 617, 143 612, 329 4,814 785, 651 782, 047 3,604 548, 507 545, 400 3,107 617,094 612, 325 4,769 779, 790 772, 817 6,973 705, 390 699,916 5, 474 785, 680 780, 032 5, 648 1,469 548 1,282 620 1,078 399 954 336 1,247 684 1,811 490 2, 005 713 2,082 498 2,076 1,053 1, 951 485 1,954 243 2,023 331 297 404, 287 307, 760 96. 525 425, 156 308, 306 115, 329 414, 243 278,112 125, 158 440, 431 284, 275 130, 500 194, 273 119,022 67, 463 1 57, 050 115.442 3, 360 238, 722 177, 891 9, 520 279, 761 169, 869 79, 063 354, 404 215, 408 95, 973 427, 432 331, 385 96, 047 415, 529 317, 287 89, 694 484, 072 394,371 75, 824 411,892 282, 570 120, 082 77, 860 68, 113 99, 534 88, 733 23, 212 5,099 16, 203 4,839 13, 830 9, 085 7,921 1,240 4,499 1, 530 35, 018 25, 900 43, 880 37, 879 49, 404 40, 910 45, 457 42, 595 60, 451 47,415 48, 632 43, 959 dol. per Ib .063 .063 .063 .065 .066 .064 .062 .059 .060 . 061 .062 . 061 .061 dol. per 5 Ib dol. p e r l b _ _ thous. of Ib .553 .086 8,983 .554 .086 9, 696 .550 .086 8,228 .556 .086 7,264 .557 .088 9,130 .549 .088 8.131 549 .088 11,042 .545 .086 9,644 .543 .086 11, 416 .542 .085 11, 593 .540 .085 9,536 .541 . 085 10, 588 541 P. 085 9,940 " 193. 8 206.8 Fish: Stocks, cold storage, end of month. _ thous. o f l b _ _ 176, 594 Sugar: Cuban stocks, raw, end of month thous. of Spanish tons.. r 3, 859 United States: Deliveries and supply (raw basis): Production and receipts: 47, 436 Production short tons 736,911 Entries from off-shore, total 9 do__ 240, 470 Hawaii and Puerto Rico do Deliveries total do For domestic consumption _ do For export and livestock feed _ do Stocks, raw and refined, end of month thous. of short tons.. Exports short tons Imports: Raw sugar, total 9 - - - ^° From Cuba _ -do From Philippine Islands - do Refined sugar total From Cuba Prices (New York): Raw wholesale Refined: Retail^ Wholesale (excl. excise tax)__ Tea imports 3,271 5,204 3,044 1, 615 - do do Baking or frying fats (incl. shortening):* Production - - mil. oflb.. Stocks (producers' and warehouse), end of month mil. of lb_. Salad or cooking oils:* Production _ - do Stocks (producers' and warehouse), end of month mil. of lb__ Margarine: Production do Stocks (producers' and warehouse), end of month mil. of Ib Price, wholesale (colored; delivered; eastern U.S.) dol. p e r l b _ _ 1,642 758 1,816 748 . 375 r. 373 .371 87, 295 ' 72, 909 76, 104 r 183.5 147.2 186.8 186.9 200.0 201.9 185.9 190. 2 196.8 194.0 185.7 142.5 116.7 114.6 106. 1 111.0 110.9 116.0 110.5 114.9 123.0 118.7 115.9 126. 7 186. 0 155.2 147.6 128.8 120.3 124.4 130.1 129.4 147.8 154. 3 136.4 »• 156. 8 164. 1 51.6 48.7 40.3 40.9 41.7 47.0 54.1 60.0 57.7 56.5 54.3 56.2 55.4 122.7 115.7 118.9 130.9 146.1 143.5 163.8 158.5 143.5 150.4 139.6 123.7 132. 6 33.5 33.9 34.3 30.2 32.6 30.4 34.0 36.7 38.1 38.7 39.1 32.8 40.2 .250 .253 .253 .253 .253 .238 .238 .238 .238 .238 .238 238 P 238 .369 .066 FATS, OILS, AND RELATED PRODUCTS Animal and fish fats: A Tallow, edible: 25.9 27.0 23. 2 26. 1 28.2 25.3 25.4 Production (quantities rendered) mil. o f l b _ _ 22.6 27.0 27.0 29.7 24.5 28.8 24.2 26.8 21.0 18.2 Consumption (factory)l do 21.5 22.0 23.4 20.8 23.2 25.0 23.6 23.0 26.3 Stocks (factory and warehouse), end of month 28.2 19.2 23.9 27.2 23.2 do 28.5 19.2 27.4 21.5 22.5 28.5 24.1 23.1 Tallow and grease (except wool), inedible: J 240.0 235.5 268.2 226.8 240.6 264. 4 264. 3 253. 1 Production (quantities rendered) do 252. 9 258. 4 253. 7 237.6 119.1 145.3 150.6 153.3 140.2 148.2 153.2 Consumption (factory) ^ _ do__ 141.2 137.0 161.6 150.9 153.9 I(i7. 0 Stocks (factory and warehouse), end of month 332.5 322.8 316.6 333.1 do 326.6 ' 325. 3 r 324. 8 r 346. 1 r 333. 8 ' 323. 1 ' 291. 9 327.0 282.5 Fish and marine mammal oils:J 34.0 36.1 32.4 8.5 Production do _ .3 15.6 2.3 .4 17.5 26. 5 .2 r 14.2 2.1 6.8 6.8 Consumption (factory )O do 6.3 6.0 6.1 9.5 10.4 6.0 8.4 8.5 9.2 7.2 8.0 Stocks (factory and warehouse), end of month© 129.7 125.9 125. 6 130.9 147.2 mil. of lb._ 103.7 136. 2 88.0 89.5 99.4 82.7 '87.4 131. 9 Vegetable oils and related products: Vegetable oils (total crude and refined): 234.1 91.6 169.0 Exports do 109.8 117.2 106. 5 164.6 108.4 87.3 144.9 229.3 164.3 160.9 49. 1 39.1 Imports do 47.9 42.1 33.4 44.0 44.3 44.2 33.1 44.5 52.1 57.0 39.0 Coconut oil: Production: 34.0 42.4 41.4 43.9 Crude do 38.1 33.6 34.7 39.6 44.3 30.3 39.0 43.6 43.7 29. 1 35.4 34.3 Refined® .__ do... 29.4 28.4 31.0 27.1 30.8 33.6 35.9 30.3 35.1 38.8 39.5 53.6 47.3 49.2 Consumption in end products __ do 46.9 51.0 47.7 47.4 53.6 40.4 57.5 52.8 57.9 Stocks, crude and refined (factory and warehouse), 1 1 end of month.. _ _ _ _ mil. oflb _ 51.1 39.9 49.0 44.6 61.4 67.0 62.1 43.7 51.2 55.4 306. 2 315.0 1315.4 Imports do 15.1 17.8 14. 1 17.7 17.1 9.7 10.6 20.6 6.2 13.2 14.3 18.3 12.3 Corn oil:* Production: 24. 4 26.9 26.7 27.3 Crude _. do__. 26.3 26.7 25.8 25.0 27.4 28.6 28 5 25.0 29.0 Refined© do 27.1 24.6 25.3 27. 8 23.6 27.2 25.3 28.1 25.0 30.5 21.1 25.0 22.9 26.7 29.4 Consumption in end products _ do___ 26.7 20.8 29.1 25.2 25. 9 29.8 27.8 27.7 26.2 21.6 22.4 Stocks, crude and refined (factory and warehouse), 29.6 end of month _ mil. oflb 30.8 26.9 31.0 23.6 27.0 27.3 30.0 28.6 31.9 32.7 39.1 38.7 r Revised. » Preliminary. 1 Beginning April 1960, data include (jrovernme nt Service?s Admin istration g tocks anc1 are not 3omparab le with trlose for ea rlier peric ds. c? Bags of 132.276 Ib. {Revisions for January 1956-March 1959 for confectiont ry will bt shown la tor; those for Janusiry-Nove mber 1958 for fats a nd oils ap pear in C ensus rcpr)rt,"Fats and Oils, 1958" (Series M28-1-08). 9 Includes data n ot shown separatelyr. §Pri ce for Ne\vYork an d northea stern Nev," Jersey. *Ncw series; comparable data prior to December 1958 not available, except for corn oil which may be obtained from Census reports. AFor data on lard see p. S-28. ^Consumption data exclude quantities used in refining. O Consumption figures exclude data for cod, cod-liver, and other liver oils, and stocks include only the quantities of these oils held by producing firms. 0Production of refined oils covers once-refined oils (alkali refined). S-30 SURVEY OF CUREENT BUSINESS 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of June BUSINESS STATISTICS August 1900 1960 DecemAugust SeptemOctober November ber ber July January Febru- ary March April May June July FOOD AND KINDRED PRODUCTS; TOBACCO—Continued 1 FATS, OILS, AND RELATED PRODUCTS— Con. Vegetable oils and related products— Con. Cottonseed :J Consumption (crushings) thous. of short tons__ Stocks (at oil mills), end of month _ do Cottonseed cake and meal } Production _ do Stocks (at oil mills), end of month do.. Cottonseed oil: Production: Crude! mil. of lb._ Rcfined cf1 do Consumption in end products _ _ _ _ _ do Stocks, crude and refined (factory and warehouse) , end of month mil. of Ib Price, wholesale (refined; drums; N.Y.)..dol. per Ib . 116.6 130.0 97.4 100.3 149.3 265.5 501.6 887. 5 778.0 1,937.5 723. 3 2, 609. 0 656. 1 2,441 2 632.7 1,945 4 576. 6 1 443 7 528. 3 953 4 373. 7 596 0 252. 4 357 3 176.6 55. 1 153. 7 45.5 116.3 70.1 87.8 227.1 97.0 360.0 110.8 336.7 113. 1 303.4 110.4 289.9 131.6 267 5 149.5 246 7 140.8 175 8 188.9 116 9 204.5 83 0 202 8 41.5 60.8 90.2 35.0 40.6 73.6 50.3 51.2 75. 7 163.6 103.7 87.8 261.7 143. 1 98.5 243.1 153 3 101.4 220. 5 If 50 0 98.7 212.2 151 1 96.8 196.9 150 9 100 6 181.3 159 6 102 6 130.9 136 2 96.8 86.7 106 6 r 103 7 62. 6 80 9 104 6 273.5 214.2 166.1 U68 203.4 .156 311.6 .148 389.4 .143 462. 8 .140 473.9 .146 477 0 . 144 520.3 .145 495.7 .151 446 9 .156 382 0 P 154 54.8 70. 0 2.97 81.7 67.7 3.28 83.0 93.4 3.42 84.7 98.4 3.68 48.5 82.3 3.85 49.9 95.8 3.58 51.8 77,1 3.50 46.3 64.2 3.35 45.6 54.4 3.28 40.5 27.8 3.36 30.4 20.0 3.43 32 9 21 7 3.19 39.3 36.1 58.9 38. 8 59.0 33.0 60.2 30.5 34.8 23.8 35. 6 23.3 37.2 25.0 32.9 26 7 32.5 27 7 29.5 30. 1 21.7 34 0 23 8 35 0 92.9 .125 105.0 .127 121. 6 .133 134.7 .139 142.8 .145 149.7 .143 163.8 .140 163.3 .139 161.2 . 135 151.2 .131 123.9 . 132 89 5 P 132 957. 4 1,090.8 888.8 501.9 823.8 750. 5 1, 060. 2 1,081.6 2, 367. 8 3,202. 8 1,013.7 3, 029. 0 1,016.8 2, 770. 0 919. 9 2, 437. 5 992.8 r 995. 9 1, 039. 8 1, 922. 6 1, 620. 2 r l,405. 4 939 8 1 291 5 1, 618. 4 145.2 1,653.6 153.0 1, 553. 6 1,549.8 190.4 126.6 1, 394. 6 188.0 1, 562. 2 171.8 1, 507. 6 r l,513.6 247.8 r 269 8 1,443 9 225 4 Flaxseed: 37.9 Consumption (crushings) thous. of short tons . 48.7 Stocks (at oil mills), end of month _..do _ 3.01 Price, wholesale (No. 1; Minneapolis) __dol. per bu_. Linseed oil: 26.8 Production, crude (raw) - - -.mil. o f l b _ 39.0 Consumption in end products! do Stocks, crude and refined (factory and warehouse), 97.4 end of month mil. o f l b .125 Price wholesale (Minneapolis) dol. per Ib Soybeans: 994.7 Consumption (crushings) _ __ thous. of short tons Stocks (at oil mills), end of montht -do _. 1, 346. 5 Soybean cake and meal:*! 1,540.4 Production ___ _ - -.mil. oflb 306.4 Stocks (at oil mills), end of month do Soybean oil: Production: 355. 2 Crude do 307.9 Refined c? do 308.9 Consumption in end products! do Stocks, crude and refined (factory and warehouse), 472.9 end of month - mil. of Ib _ Price wholesale (refined* N Y ) dol. per Ib 1,491.4 232.8 1, 395. 4 1, 270. 6 108.2 193.0 1Q1 1 344.1 257.7 255. 1 318.6 283.1 268. 5 296.9 236.8 258.9 391.2 272.9 266.6 392. 6 265.4 253.0 369. 2 290.0 271.6 370.5 287.9 274.8 335. 4 287.7 270.5 379.4 291.4 287 9 366 4 273.2 264.6 r 365 9 280.9 275 2 348 6 303 7 305 4 464.4 386.6 U35 298.3 .133 321.4 .128 422.7 .119 507.4 .117 551.3 .119 541.2 .115 585.8 .117 595. 9 .121 ' 564. 5 .125 431 3 14, 360 12, 734 23, 437 13. 062 4 355 29. 574 14, 783 T P 19g TOBACCO Leaf: Production (crop estimate) mil of Ib Stocks, dealers' and manufacturers', end of quarter, 4,449 total mil of Ib 25, 777 Exports, including scrap and stems thous. of lb_ 12,671 Imports, Including scrap and stems do Manufactured products: 15, 368 Production, manufactured tobacco, total do 6,041 Chewine1 plug and twist do 6, 442 Smoking do 2,885 Snuff - - ..do Consumption (withdrawals): Cigarettes (small): 3,240 Tax-free millionsTax-paid _ _ _ - d o _ _ 38,413 650, 072 Cigar^ (large) tax-paid thousands Manufactured tobacco and snuff, tax-paid 15, 227 thous of Ib 1,598 Exports cigarettes millions- 2 1,797 3 1 §67 49, 748 12, 719 4,858 57, 518 10, 647 23, 072 14, 675 25, 452 12, 753 4,709 27, 754 13,115 23, 070 13, 481 38, 865 13,324 4,579 93, 654 11, 656 14,094 6, 065 5,896 2,133 14, 701 5,484 6, 255 2,963 15, 397 5,689 6,600 3,108 15, 643 5,869 6,662 3,113 14, 175 5, 610 5,677 2,888 13, 371 5, 481 5,015 2,875 13,764 5, 265 5,833 2,667 13,360 5,070 5 510 2,780 15, 364 5,272 6,917 3,175 14, 257 5,237 6,389 2,631 15.743 5,811 6 492 3,440 3,514 39, 908 514,704 3,003 40, 926 529, 159 3,470 39, 165 552, 708 2,403 43, 060 566, 419 2, 853 36, 190 663, 329 3, 062 34,318 442,144 2,718 37, 630 472, 885 3,087 35, 181 486, 035 3, 246 40, 260 531, 023 2,642 36, 929 502, 308 3,177 41, 355 623, 720 13,148 1,938 14, 502 2, 042 14. 788 2.253 15,157 1,038 14, 093 1,567 13, 293 1,663 13 354 1,442 13 Oil 1 490 14, 935 1, 573 14, 054 1,434 15 152 1,813 1,805 50, 144 14, 140 LEATHER AND PRODUCTS HIDES AND SKINS Exports: Value, total 9 thous. of doLCalf 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 a n d k i d skins _ _ - _ _ _ - do Prices, wholesale (f.o.b. shipping point): Calfskins packer heavy 9^/15 Ib dol. per Ib Pride15 steer heavy native over 53 Ib do 5, 427 174 285 5, 608 137 326 5,253 141 282 4,834 126 267 6,104 162 326 6,939 187 466 4.422 134 311 5,056 165 417 7,874 198 661 6,941 182 572 4,997 184 374 6,043 161 490 5,223 121 459 9,034 3,943 2,027 7, 352 2,397 2,295 5,604 1,336 1,938 9,235 4,591 2,017 6,372 1,339 2,130 5, 896 1,326 1,871 5,409 1,053 1,805 5,319 1,917 1,627 4,667 1,306 1,678 8,905 5, 585 1,530 7,945 3,095 2,291 7 973 3 549 1,978 8.029 3, 822 2,189 .700 .243 .725 .243 .725 .238 .650 228 .550 .193 .425 .130 .500 .148 .600 .138 .560 .133 .560 .143 .565 .143 .565 148 p 580 P 133 LEATHER Production: 492 416 532 504 496 497 468 515 535 515 476 Calf and whole kip thous. of skins 1, 598 1,872 1,912 1,768 1,928 1,805 1,796 1,883 1,836 1,832 1,743 Cattle hide and side kip 0. thous. of hides and kips__ 1,894 1,812 1,914 1,834 1,844 1,814 1,760 1,769 2,153 1,919 Goat and kid©_ _ _ _ _ _ -thous. of skins_ 1, 687 2,314 2,537 3,188 2,737 2,653 2,408 2,665 2,684 2,689 2,652 2,350 Sheep and lamb© do Exports: 1,713 1,250 1,758 1,794 1,624 1,637 1,636 1 889 2,124 2, 033 2,528 Glove and garment leather thous. of sq. ft 3,082 3,175 2,566 3,408 2,387 2,377 2,826 2 687 4, 050 3, 563 3,291 Upper and lining leather - do. -Prices, wholesale: .953 .747 .943 .943 .900 .760 .727 .800 .947 .713 .730 Sole, bends, light, f.o.b. tannery dol. per lb_Upper, chrome calf, B and C grades, f.o.b. tannery 1.368 1.292 1.385 1.385 1.197 1.215 1.298 1.4-25 1.323 1.317 dol. per sq. ft_. 1.317 r Revised. p Preliminary. 1 Beginning August 1959, price is quoted3 on carlot basis; not comparable with previously published data through July 1959 which are on l.c.l. basis. 2 December 1 estimate of 1959 crop. August 1 estimate of 1960 crop. JFor 1958 revisions, see Census report, "Fats and Oils, 1958" (Series M28-1-08). cf Production of refined oils covers only once-refined oils (alkali refined). *New series; data prior to August 1958 are available from reports of the compiling agency (Bureau of the Census). 9 Includes data for items not shown separately. ©Revisions for January-March 1959 (also for 1958 for sheep and lamb) will be shown later. 502 1,809 1,622 2 685 3 067 2,987 2,829 2,390 .720 P. 717 ' 1.327 p 1.333 SURVEY OF CURRENT BUSINESS August 1000 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-31 1959 T Juno July 1960 vein- j DecemOctober Nober August September ber January February March April May June July LEATHER AND PRODUCTS—Continued LEATHER MANUFACTURES Shoes and slippers: Production total thous of pairs Shoes, sandals, and play shoes, except athletic, total thous. of pairs_. By kinds: Men's do Youths' and boys' do_ _ Women's do Misses' and children's do _ Infants' and babies' do Slippers for housewear do Athletic do. _ Other footwear do Exports do_ _ Prices, wholesale, f.o.b. factory: Men's and boys' oxfords, dress, cattle hide upper, Goodyear wrelt 1947-49—100 Women's oxfords, elk side upper, Goodvear wrelt 1947-49=100 Women's pumps low-medium quality do 53, 428 51, 354 54, 672 53, 437 52, 378 45, 800 48, 409 53, 100 53 403 57, 861 48, 756 48, 595 49, 902 46, 375 44, 344 46, 059 43, 947 42, 991 37, 606 42, 950 48, 393 48, 150 51, 408 42, 820 42, 320 42, 934 9,305 2,158 25, 535 6,395 2,982 8,325 2,451 24, 655 6,367 2,546 9,142 2,284 25, 264 6,370 2,999 9, 235 2,213 23, 394 6,092 3,013 9, 053 2. 032 22, 686 6, 000 3,220 8,071 1, 766 19,619 5,243 2, 907 8,803 2,080 22, 439 6, 333 3, 295 9,042 2,287 26, 735 6, 983 3,346 8, 596 2, 195 26, 949 6, 921 3 489 9, 796 2,278 28, 733 6,921 3,680 8, 660 1,918 24, 069 5, 226 2,947 8,914 2,010 22, 799 5, 602 2, 995 9,039 2,112 23, 172 5,733 2,878 5, 796 698 559 215 5,889 592 529 214 7,341 653 619 233 8,278 669 543 248 8,230 615 542 270 7,143 551 500 268 4,393 560 506 186 4,019 473 215 191 4 452 504 297 185 5,461 602 390 252 5, 100 542 294 235 5 355 589 331 174 5,802 649 517 147 128.7 129.5 134.4 134.4 137.4 137.4 137.4 137.4 137.4 137.4 135 7 133.5 p 133. 5 142.7 132.0 142.7 132.0 150.6 132.0 146. 7 132. 0 146. 7 132.0 146.7 133. 7 146.7 133.7 146.7 133.7 146.7 133.7 146. 7 133.7 146 7 133.7 146.7 133. 7 p 146.7 p 133. 7 LUMBER AND MANUFACTURES LUMBER— ALL TYPES National Lumber Manufacturers Association: Production total mil bd ft Hardwoods do Softwoods __ __do Shipments total do Hardwoods . _ do Softwoods do 3,216 599 2,617 3,217 558 2,659 3,136 623 2,513 3,146 538 2,608 3,171 643 2,528 3,137 607 2,530 3,324 635 2,689 3, 119 566 2, 553 3,304 633 2, 671 3, 145 627 2,518 2,892 593 2, 299 2,639 564 2, 075 2,947 560 2,387 2,804 538 2. 266 2 681 554 2,127 2, 634 587 2,047 2 924 568 2,356 2 798 637 2, 161 3 096 532 2, 564 2, 959 619 2,340 3 048 597 2,451 3, 055 623 2,432 3 197 617 2,580 3, 187 613 2,574 3,194 631 2, 563 3,097 581 2,516 8,778 3,597 5,181 8,782 3,682 5,100 8,816 3,717 5,099 9,022 3,787 5,235 9,212 3, 793 5,419 9,465 3,822 5, 643 9, 610 3,844 5, 766 9, 657 3,810 5,847 9,800 3,741 6 059 9,937 3, 654 6, 283 9,944 3,628 6 316 9 954 3, 632 6 322 10, 050 3, 682 6, 368 M bd. ft_. 65, 969 do _ 490, 723 66, 833 447, 255 70, 181 373, 098 76, 067 315, 658 70, 934 318, 744 68, 081 312, 434 76, 662 271,351 64, 823 214,418 60, 041 305 515 71, 578 325, 926 89, 174 305, 900 83, 843 408, 205 83, 094 419, 089 636 579 760 792 826 775 658 671 695 812 671 633 667 696 786 654 587 739 699 826 647 554 731 680 905 630 571 680 613 971 833 703 715 701 985 566 666 650 603 1,034 687 704 724 649 1,126 661 656 793 710 1,209 663 633 709 686 1,245 662 531 717 764 1,197 675 488 669 718 1,148 28, 196 Exports, total sawmill products M bd. ft_ 17, 510 SawTed timber. _ _ do 10, 686 Boards, planks, scantlings, etc do Prices, wholesale: Dimension, construction, dried, 1" x 4", R. L. 89. 825 dol. per M bd. ft Flooring, C and better, F. G., 1" x 4", R. L. dol. per M bd. ft.. 129. 959 Southern pine: 680 Orders, new.. __ mil. bd. ft 278 Orders, unfilled, end of month do 642 Production. ... _ do 683 Shipments _ do Stocks (gross), mill and concentration yards, end of 1,710 month. _ _ mil. bd. ft 5,756 Exports, total sawmill products _ . _ . _ _ M bd. ft 739 Sawed timber _ _ _ _ _ _ do Boards, planks, scantlings, etc.. _ _ _ _ do 5,017 Prices, wholesale, (indexes) :% Boards, No. 2 and better, V x 6", R. L. 118.5 1947-49=100. Flooring, B and better, F. G., V x 4", B. L. 94.6 1947-49 = 100 Western pine: 748 Orders, new mil. bd. ft 426 Orders, unfilled, end of month do Production. do 825 Shipments __ _ _ _ do 790 Stocks (gross), mill, end of month do__ 1,778 Price, wholesale, Ponderosa, boards, No. 3, I" x 12", 83. 540 R. L. (6' and over)§ dol per M bd ft 20, 361 11, 164 9,197 24, 146 13, 190 10, 956 30, 415 17, 965 12, 450 29, 728 15, 390 14, 338 26, 449 14, 194 12, 255 36, 436 22, 000 14 436 32, 176 18 252 13 924 25, 615 14, 827 10 788 31, 722 17 271 14 451 36, 531 19, 628 16 903 43, 673 28 005 15 668 37, 889 18, 376 19, 513 Stocks (gross), mill, end of month, total Hardwoods . _ Softw r oods 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 _ do __ do_ _ do mil bd ft do do do __ do. _ 1 89.501 88. 637 87. 100 82. 325 82. 601 83.456 83. 536 83 193 130. 103 1131.112 131. 879 132. 055 132. 463 131. 598 131. 688 133. 084 133. 084 695 261 675 712 669 277 614 653 655 267 667 665 630 230 690 667 510 194 606 546 514 179 616 529 541 200 570 520 502 182 576 520 587 201 630 568 1, 675 8,457 1,639 6,818 1, 634 6,520 1,074 5,446 1,636 7,721 1,301 6,420 1, 659 5,055 1,154 3,901 1,719 7,092 1,315 5,777 1, 806 8,412 1,925 6,487 1,856 7,649 1 247 6 402 1 912 7,231 1 557 5,674 1 974 6 420 1 620 4 800 1 991 10 069 1 678 8 391 119.0 119.3 120.3 120.5 120.2 119.8 119.6 118.2 117 2 117 5 94.8 94.8 95.2 95.2 95.2 95 5 95 5 95 4 95 4 95 4 817 414 825 829 1,774 762 357 886 818 1,842 812 343 907 826 1,923 806 336 874 813 1,984 587 308 688 616 2,056 861 423 742 745 2 053 613 404 579 628 2 004 651 376 699 670 2 033 718 391 758 702 2 089 740 367 758 765 2 082 82. 310 81.030 79. 100 76. 650 75 660 75 500 76 060 78 420 79 680 79 720 4,200 12, 900 3,050 4,300 10, 225 3,800 12, 950 3 050 3,750 9,625 3,800 12, 350 3 250 3,850 8,950 2,750 11, 700 3 675 3 350 9,500 2,925 11,225 3 550 3,150 9, 675 2,500 10 800 2 850 2 900 9,700 3, 225 10 975 3 375 2 825 10 125 3, 575 11 500 9 950 2 800 10 375 2,675 11 550 2 825 2 675 10 575 3,625 11 800 3 3^0 2 900 10 900 3,150 12 350 2 925 2 725 11 125 76, 281 62, 506 89, 322 89, 274 63, 734 76, 880 55, 819 90, 003 85 582 65, 454 79, 379 51, 417 86, 499 85 596 66, 357 76 276 45, 977 88 671 87 220 67, 048 80, 262 42, 067 90, 435 84 172 72, 602 65, 439 36, 062 77 529 69 615 77, 945 69 37 77 70 85 81 47 73 71 85 72 48 79 69 87 71 48 78 71 94 69 47 74 73 96 89. 576 83 193 r 82 503 p 81. 067 1132.563 * 131. 717 pl31. 388 * 642 639 634 208 221 216 699 641 666 655 624 629 r 2 028 8 055 2 777 5' 278 2 072 9,123 2 136 6,987 116 3 p 114.8 95 1 ?94 9 819 370 841 815 2 108 735 339 829 767 2 170 r 79 990 P 78 f,7Q HARDWOOD FLOORING AND PLYWOOD Flooring: Maple, beech, and birch: Orders, new M bd. ft. Orders, unfilled, end of month.. _ do Production _ do Shipments __ do Stocks (gross), mill, end of month _ _ do Oak: Orders, new .... _ do Orders, unfilled, end of month. do Production __ do Shipments do Stocks (gross), mill, end of month do Plywood (except container and packaging), qtrly. total: 2 Shipments (market) M sq. ft., surface measure.. T 247,314 247, 733 145 057 792 3Q2 345 240,802 169 384 631 925 683 509 651 509 294 675 514 276 715 889 501 689 370 689 007 183 3 300 12 325 3 000 3 300 11 050 64 38 77 72 101 087 935 655 52^ 316 4,075 12 050 3 200 4 250 10 000 72 34 76 79 98 " 107 901 499 498 317 235, 217 Revised. * Preliminary. 1 Not entirely comparable with data prior to month noted. 2 Revision for 1st qtr. 1959: 240,868M sq. ft. J Effective with the July 1960 SURVEY, price indexes replace actual prices; data for January 1947-April 1960 will be shown later. § Not comparable with data through 1958 wThich cover a different specification. SURVEY OF CURRENT BUSINESS S-32 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS 1959 June July August I960 SeptemNovem- DecemOctober ber ber ber January February March April May June July METALS AND MANUFACTURES IRON AND STEEL Foreign trade: Iron and steel products (excluding advanced manufactures and ferroalloys): Exports total f 9 thous of short tons Steel mill Droducts* do Scrap t _ _ do___ Imports total 1 9 do Steel mill products* do Scrap do 631 211 406 527 410 31 683 176 496 577 430 24 621 63 551 458 324 31 486 59 423 458 366 12 479 47 426 454 362 14 575 69 499 659 461 41 726 130 579 650 539 15 530 158 356 512 465 10 636 168 459 507 471 11 764 203 551 505 464 12 7,053 4,330 2,724 7,081 9,200 4,122 2,299 1,823 4,015 9,309 2, 276 925 1, 352 2,100 9,490 2, 547 1,069 1,478 2,368 9,644 2,741 1,105 1,635 2, 539 9,846 5, 450 2,921 2, 529 5, 373 9,928 7, 953 4.457 3, 496 7, 864 10,011 7,429 4,483 2,946 7,889 9,540 7,276 4, 238 3,037 7,273 9,545 7,191 4, 383 2,808 7, 454 9,278 12,371 14,301 4,125 5, 723 7,118 3,185 645 762 3,154 829 727 3,800 782 562 3,899 4.383 6, 976 3, 813 5, 036 5, 178 3, 035 4,041 1,926 2,370 4,017 1,779 2,516 10, 943 11, 539 126 1 73, 040 8. 524 1 56, 941 7,575 4, 660 11, 856 70 66, 816 10, 839 49, 257 6, 720 992 320 662 318 272 10 996 382 606 301 213 14 ' 6, 292 3,847 ' 2, 445 ' 6, 301 9,270 5,862 3, 538 2,324 5, 657 9,475 p 5 201 * 3, 209 p 1, 992 P5.016 P 9, 657 4, 502 1,922 2,217 7,440 6,873 2,334 11,873 13, 349 3,717 4,221 4,431 11, 337 34 61, 470 13, 073 42, 483 5,914 4,299 11,788 100 55, 777 1 5, 320 34, 994 5,463 8,084 10,433 169 53, 235 15, 891 32, 645 4,699 15, 926 9, 740 362 57, 673 14.418 38, 830 4,425 47, 097 4, 670 87 66 154 758 235 514 391 331 16 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): JVTine 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 Stocks total end of month At mines A.t furnace vards At U S docks do do do do do do do Manganese (manganese content), general imports t thous. of long tons.. 3 17,763 311,131 456 "3 59, 438 11,646 r3 43, 649 4,143 3,025 3,083 9,907 3,558 5, 632 1, 508 1, 464 1,593 39 1,020 260 96 ' 63, 610 '67,155 '71,014 '74,137 10,362 10,461 10,147 11,155 r 47, 924 ' 49, 498 '51,592 '53,024 ' 8, 961 ' 9, 958 ' 5, 539 ' 7, 295 100 82 89 87 7, 232 7,376 3, 544 3, 577 2 948 1, 003 2 949 1,088 3,432 3,508 3,496 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 '838 ••1,251 '716 '898 '532 '874 '742 '506 95 85 51 69 43 10, 908 90 158.4 11,604 7,091 372 ' 75, 607 8 736 ' 57^ 537 9,334 16, 293 8,060 290 71 100 109 73 115 111 1,018 1,172 4, 199 4,479 7, 573 7,734 7, 754 7,857 7,342 7,394 7,714 7, 694 6, 760 ' 6, 556 6, 331 6, 123 5, 261 p 5, 255 3,425 3, 364 3, 052 2, 979 2,966 2,973 3, 051 ' 3, 269 3, 537 P 3, 499 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 65. 95 66. 00 66. 50 65. 95 66.00 66.50 65. 95 66.00 66.50 65. 95 66. 00 66.50 65. 95 P 66. 00 p 66. 50 '884 '849 '527 '889 '871 '519 '886 '830 '515 '847 '1,107 '584 '854 1,136 592 '857 1,108 571 '882 1,143 600 '836 1,051 581 ' 782 1, 052 588 86 65 40 82 76 46 85 76 49 83 58 42 94 80 46 100 83 46 98 83 47 85 86 50 79 71 39 73 69 38 5,232 42 73.5 1,439 12 20.2 1, 535 13 22.3 1,705 14 24.0 7, 268 60 105.6 11, 989 96 168.5 12, 049 96 169.4 11,127 94 167. 2 11, 565 92 162.6 9,778 80 142.0 8,830 70 124.1 144 112 106 84 98 79 100 80 106 85 109 86 133 104 123 94 129 98 144 110 127 97 127 97 374.6 140. 0 108.1 374.5 101.5 79.5 374.4 97.9 77.5 372.1 103.5 80.0 373.3 97.3 74.3 405.2 87.3 63.3 420.1 114.4 85.3 420.1 122.6 93.6 398. 3 129. 8 100. 1 356. 2 137. 9 107.8 325. 0 116.7 89.7 312.5 110.3 85.1 .0698 .0698 .0698 . 0698 .0698 .0698 .0698 . 0698 . 0698 .0698 .0698 .0698 . 0698 95.00 .0617 95. 00 , 0617 95.00 .0617 95.00 .0617 95.00 .0617 95.00 . 061 7 95.00 . 0617 95.00 . 0617 95. 00 . 0617 95.00 .0617 95. 00 .0617 95.00 .0617 P 95. 00 p . 0017 35.67 36.00 38.48 40. 00 37.63 38.00 39.17 38.00 42. 04 41.00 44.47 46. 00 41.23 42.00 41.41 43.00 40. 04 43. 00 34. 16 36.00 33.88 35.00 1,983 2,848 1,937 2,026 1,897 1,684 1,875 1,466 2,120 1,286 2, 653 1,459 2,193 2,280 1,796 1,808 1,616 1,424 1,871 1,700 1,798 1,714 1,715 1,893 445 251 386 1,788 34, 263 503 302 451 1, 623 31, 160 615 423 546 1,443 29, 899 642 412 383 235 328 1, 543 23, 434 298 170 258 1, 356 18, 526 317 177 274 1,374 21, 640 301 181 251 1,435 21, 904 288 171 237 1,470 22, 381 330 184 273 1, 696 24, 302 363 209 300 1, 496 23, 542 407 231 344 1,597 29, 926 Pig Iron and Iron Manufactures Pig iron: Production (excl. blast furnace prod, of ferroalloys) thous. of short tons__ Consumption do Stocks (consumers' and suppliers'), end of month thous. of short tons.. Prices: Composite dol per long ton Basic (furnace) do Foundry No 2 Northern do Castings, gray iron: O Orders, unfilled, for sale, end of month thous. of short tons.. Shipments total do For sale do Castings, malleable iron: Orders, unfilled, for sale, end of month thous. of short tons.. Shipments total do For sale do r 932 2 Steel, Crude and Semimanufactures Steel ingots and steel for castings: Production _ thous. of short tons Percent of capacity cf Index - 1947-49=100 Steel castings: For sale total do Steel forcings (for sale) : Orders unfilled end of month do Shipments total do Drop and upset do Prices: Composite, finished steel (carbon) dol. per lb__ Steel billets, rerolling, carbon, f.o.b. mill dol. per short ton.. Structural shapes (carbon), f.o.b. mill dol. per lb._ Steel scrap, No. 1 heavy melting: Composite (5 markets) § dol per long ton Pittsburgh district do ' 7, 405 61 ' 107. 6 P 6, 343 50 89.2 295.2 110.1 82.0 . 0698 ' 32. 97 P 31. 09 P 31. 00 33.50 Steel, Manufactured Products Barrels and drums, steel, heavy types (for sale): Orders unfilled end of month thousands Shipments do Cans, metal, shipments (in terms of steel consumed), total for sale and own use— thous. of short tons.. Food© do Shipments for sale do Closures (for glass containers) production millions Crowns production thousand gross 1,519 29, 088 Steel products, net shipments: 4,842 1,339 1, 283 1,419 8,211 4, 131 9, 700 Total (all grades) thous of short tons 253 386 132 416 Semifinished products do 315 657 277 570 Structural shapes (heavy), steel piling do 434 754 788 418 Plates - do 47 192 75 120 Rails and accessories do 2 T l I deluding blast furnace producrtion of fei roalloys. Revised. p Preliminary. Reflects inventory adjustme nt. 9,832; total stocks, 67,673; furnace yards, 53,140; Dec. 31, 1958—total stocks, 72,895; furnace yards, 59.813. 1, 619 32, 199 6,272 5,921 7,583 8,430 7, 966 6,742 18S 219 414 351 374 239 562 619 447 457 574 517 484 529 776 624 755 727 133 153 139 170 148 149 sRevi 3ions (thoiis. tons): .Fan. 1959--receipts, 3, 158; cons umption, t Revised (beginning in the February 1960 SURVEY) to include certain metal manufactures classified by the industry as steel mill products but formerly omitted from the total shown here; see note marked "*". 9 Includes data not shown separately. *New series (from Bureau of the Census}. Data beginning January 1959 revised (in the April 1960 SURVEY) to include exports of secondary tinplate. Revisions for 1958 for total and steel mill products exports and imports are shown in the March 1960 SURVEY (bottom p. S-32). ©Revisions for January 1958-May 1959 are available upon request. t 1Scattered revisions for 1957-58 are available upon request. d For 1960, percent of capacity is calculated on annual capacity as of January 1,1960, of 148.570,970 tons of steel; for 1959, as of January 1, 1959 (147,633.670 tons). § Represents the weighted average of consumers' buying prices (including brokerage), delivered, at following markets: Pittsburgh district, Chicago, Philadelphia, Birmingham, and Digitized forSan'Francisco. FRASER ©Excludes shipments of food cans of the pressure-packing type; such types are included in total shipments. SURVEY OF CURRENT BUSINESS just S-33 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS Juno July August 1960 SeptemNovemO ctober ber ber December January February March April Mt.y 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 rolled0 (incl light shapes) do Reinforcin " 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) thous. of short tons Shipments -- -do _. Backlog end of month do NONFERROUS METALS AND PRODUCTS Aluminum: Production primary domestic thous of short tons Estimated recovery from scrap ©A do Imports (general): Metal and alloys, crude _ _ do Stocks, primary (at reduction plants), end of month thous of short tons Price, primary ingot, 99.5%+ dol. per l b _ _ Aluminum shipments: 0 Mill products and pi ' and ingot (net)t mil of Ib Mill products total do Plate and sheet do Castings? do Copper: Production: Mine recoverable copper thous of short tons Refinery primary do From domestic ores do_ __ From foreign ores do Secondary recovered as refined do Imports (general): Refined unrefined scrap©! do Refined do.__ Exports: Refined scrap brass and bronze ingots do Refined do Consumption refined (by mills etc ) do Stocks refined end of month total do Fabricators' do Price, bars, electrolytic (N.Y.) dol. p e r l b _ _ Copper-base mill and foundry products, shipments (quarterly): Brass mill products mil of Ib Copper wire mill products© do Brass and bronze foundry products do Lead : Production: Mine, recoverable lead thous. of short t o n s _ _ Secondary estimated recoverable©! do Imports ( <r eneral) ore© metal J do Consumption total do Stocks, end of month: Producers', ore, base bullion, and in process© (4BMS) thous of short tons Refiners' (primary), refined and antimonial© thous of short tons Consumcrs'o'' do Scrap (lead-base purchased), all consumers do Price, pig, desilverized (N.Y.) dol. p e r l b _ _ Tin: Imports (for consumption) : Ore©t long tons Bars pi°-s etc do Estimated recovery from scrap total© do As metal _ _ do Consumption pig total do Primary do Exports incl reexports (metal) do Stocks, pig (industrial), end of month do Price, pig, Straits (N.Y.), prompt dol. perlb_. Zinc: Mine production, recoverable zinc thous. of short tons Imports (general) : Ores a n d concentrates © t _ _ _ d o _ Metal (slab, blocks) _ do Consumption (recoverable zinc content): Ores© _ _ do Scrap, all types do Slab zinc: Production (primary smelter), from domestic and foreign ores__ _ thous. of short tons . Secondary (redistilled) production, total _ do Consumption, fabricators', total do___ Exports! _ d o Stocks, end of month: Producers', smelter (AZI) _ _ do Consumers' do Price, prime Western (St. Louis) dol. perlb_. 1,518 969 346 191 1,261 491 818 3,590 1,154 1, 607 606 368 142 88 554 192 314 1, 563 459 718 291 365 1,717 259 239 1,679 197 220 1,772 284 183 1,871 167.3 42.0 179 2 37.0 172 8 37.0 30.5 4.5 30.8 50 88.6 . 2680 759 502 163 86 510 233 349 1,943 575 924 1,283 901 213 160 859 381 553 3, 275 956 1, 599 1 245 879 185 172 914 372 588 3,332 995 1,592 1,157 842 140 166 765 306 528 3,049 912 1,447 1,214 883 145 176 698 275 635 3,291 942 1,608 244 195 1,891 260 181 2, 068 366 236 2, 195 221 209 2,116 289 241 2, 189 343 277 2,364 2,401 168 2 37.0 173.7 39.0 153 7 33 0 163 0 36.0 164 0 41.0 156 8 40 0 170.7 43.0 168 6 36.0 31.4 4 6 14.8 4 2 18.5 3. 7 15.8 4 4 26.4 4 7 12.0 3 4 10.6 3 5 16.8 3 4 3 4 80 4 . 2680 94 0 . 2680 109 1 . 2680 131. 1 . 2680 13? 8 . 2680 111 6 . 2736 127 5 .2810 117 1 .2810 1 1 5. 0 .2810 523. 3 342. 0 182. 6 r 2 66 6 509. 3 373.1 1 95. 4 r 57 0 314.2 247.6 120 5 r 56 () 389.7 262.8 130. 7 r 66 3 414.4 287.2 144. 1 7" 67. 6 370 247. 127 r 54 7 5 8 7 480. 1 267. 9 143. 1 7- 65 2 372. 5 250 0 131.3 68 2 4% 4 256. 0 135 8 71 7 433 1 207. 1 144 1 72. 9 366. 4 247.4 133. 6 61 8 399.0 271. 9 147 3 60 3 r 2 93. 3 128. 7 101.4 27.3 21 7 7-86 8 125. 7 94. 2 31.o 19.9 54 7 70 7 43.9 26. 7 13.8 7-20 9 28 1 12.9 15.2 16.0 r 28. 9 7-25 3 30 2 12.2 17 9 14 4 29 5 45 1 17.3 28.2 16.9 47.9 78 9 45. 5 33. 5 22. 8 85 9 64.3 21.6 25 8 %. 3 132.4 105. 2 27.2 19.9 97. 5 144 9 109.0 35. 9 22.2 r 32.7 13. 6 19 1 17.3 60. 3 19.3 44.8 10.7 38.4 12. 9 76. 7 40.3 44.9 19. 8 68 8 43.7 80. 7 40.2 63 7 34.1 47 5 22.6 52 8 18.0 16.0 12.6 146. 8 181.7 139. 7 .3110 13 7 11.4 88.3 229 7 177.8 . 3008 18 8 16. 6 117. 1 194.8 158.7 . 2989 11 7 9.0 129.1 171.0 130.0 . 3102 6.0 4.4 120. 0 135. 0 87. 0 .3258 4 8 2.3 103 0 129 0 81 0 . 3406 10 5 5.1 108. 0 121 0 82.0 . 3372 17 0 11.3 111.6 122 0 76 0 . 3365 29 4 19.0 34.7 21. 2 140. 1 127.0 80. 0 .3261 578 412 262 7-221.6 35.0 38.4 r 2 96. 3 514 387 554 381 225 rl9.7 35.0 35. 3 7- 90. 6 T 21.9 35.5 25. 1 92. 6 7-20.7 35. 5 33. 1 7- 95. 2 119 0 76 0 .3298 7-21.2 37.8 24.9 7-97.7 7- 20. 30 33 7- 84 993 679 162 143 610 247 559 2,806 796 861 541 192 120 586 246 567 1 , 379 1,357 803 479 210 106 576 215 654 2,422 579 1,319 345 287 270 285 2,237 268 333 2,219 175 9 171 4 11.1 9 q 15.2 33 148 6 .2810 170 0 .2810 2, 654 72? r 7.6 r 139 1 .2810 r 98 8 140 9 107. 9 33. 0 21 8 95. 6 142 7 108.1 34. 5 24.8 44 0 10.1 29 8 7 2 52 6 7. 5 46 2 31.3 115.6 p 155 0 » 103. 0 .3260 64 9 50.8 v 117 0 •P 157 0 •P 99 0 . 3260 57 8 38.8 p 122 0 PT 173 0 ' 100 0 . 3260 3 7 7 9 7-22.1 37.2 24 2 7- 86. 2 21.4 37 7 35 0 87 3 22.4 37 9 26 9 85 1 25. 5 38 5 34 9 91 1 23.1 37 8 28 2 83 4 r 19.3 20.5 41 3 26 5 90 8 30 1 89 9 89. 6 83.9 100.0 99 0 101 3 109 9 119 1 125 5 135 0 133 0 139 9 140 5 132.6 153. 9 41.8 .1200 142. 0 154. 9 45.5 . 1200 128.2 15 P. 0 46. 1 . 1229 121.2 147.3 49. 0 .1300 119.4 133. 3 50. 4 . 1300 118 2 130 2 49.9 . 1300 119.4 123 1 50.7 . 1252 117 0 120 5 42 7 .1200 115 5 126 6 41 8 .1200 107 5 126 7 42 4 .1200 116 5 127 3 41 0 .1200 121 93 128 38 1 . 1200 . 1200 3,783 4,984 1,980 315 7, 935 4 995 155 22, 645 1.0415 2, 547 1, 745 250 5, 600 3 210 54 22, 995 1.0231 61 2, 399 1, 930 285 4 760 2 185 106 23, 060 1. 0233 2,454 3 876 1,845 260 4 825 2 150 129 25, 475 1. 0243 334 3, 500 1,910 270 4,920 2 270 167 27, 285 1. 0220 430 2 938 1,710 210 5 645 3 235 159 28, 170 1. 0096 138 3 166 1,990 280 6 985 4 -470 92 26,945 .9913 2 452 3 410 2. 215 255 7 400 4 570 194 26, 765 . 9985 526 3 620 2 030 210 7 280 4 760 173 24, 050 1. 0097 861 3 860 2, 115 1 , 805 7 875 5 190 7 410 4 96() * 2 36. 9 7-32.3 r31.7 7-30.0 7-31.6 7-36 0 7-39 5 37.3 38.0 45.7 17.7 47.4 17.1 34.6 9.1 32.4 13.3 38.9 16.8 37.8 11 0 30.3 10.7 36.0 9.0 43.3 9.5 8.4 22.0 8.7 15.3 7.9 15.8 8.8 20.6 8.8 20.4 7.9 19 1 7.8 20.6 7.7 20 8 7.3 21 1 70.5 5.0 96.0 .2 68.5 4.6 65.4 .1 65. 9 3.9 60.5 .2 58.3 3.9 62. 5 3.0 61.1 2.9 66.9 1.2 59.4 3.0 71.1 2.8 66.7 2.9 89.3 2.3 69.5 3.8 88.1 5.6 71.0 3.7 87.4 1.8 169. 4 86.2 .1100 182.0 90. 2 .1100 192. 0 93.2 .1100 193. 0 92.6 .1133 191.3 94.8 .1213 176. 2 95.0 .1250 766 1 9fi7 3 155 . 1200 1 801 4 175 230 122 19 23, 355 1. 0009 22, 445 .9924 7 705 5 310 28 21, 930 . 9954 42.9 40.9 7- 40. 7 39 6 45 0 12 1 39.2 7.5 49.2 6 8 32.7 15 5 81 21 0 8 2 16 1 7 2 18 0 82.3 38 86.5 79.3 3 9 '71.2 4 7 74.7 4 5 70 5 7 1 5.9 . 3260 492 394 P 219 493 386 P243 240 . 2810 103 ( 1.0131 "I. "034 j" 4 2 1 44. 5 154. 4 137.1 207. 1 136.6 147.9 165 0 187 7 98 4 300 3 97 3 100 2 7- 96 9 85 9 .1288 . 1300 . 1250 .1300 .1300 .1300 . 1300 7- .1300 2 * Revised. v Preliminary. 1 Part of August 1959 production is included in December 1959 data. Revisions for January-May 1959 (units as above): Aluminum castings, 69.1; 68.6; 73.6; 73.1; 68.4; copper mine production, 95.8; 86.8; 96.9; 99.5; 100.5; lead mine production, 23.6; 21.4; 21.2; 21.4; 20.4; lead consumption, 89.1; 85.1; 85.4; 91.6; 96.4; zinc mine production, 35 8; 36.4; 37.4; 38.7; 38.7. © Basic metal content. ARevised effective with the February 1960 SURVEY to include monthly estimate of secondary aluminum recovered by nonrcporting producers. §Data for 1958 have been adjusted to industry totals based on the expanded survey of producers introduced in January 1959; revisions for 1958 are shown in the January 1960 SURVEY. fRevised effective with the February 1960 SURVEY to include monthly estimate of lead recovered from nonrcportintr secondary smelters and lead recovered fro m copper-base scrap; revisions for 1958 are shown in the February 1960 SURVEY. ^Consumers' and secondary smelters' stocks of lead in refinery shapes and in copper-base scrap. % Scattered revisions for 1957-58 are available upon request. SURVEY OF CURRENT BUSINESS S-34 August 10CO 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July 1960 DecemOctober NovemAugust September ber ber January February March May April June July METALS AND MANUFACTURES—Continued HEATING EQUIPMENT, EXCEPT ELECTRIC Radiators and convectors, cast iron: Shipments mil of sq ft of radiation Stocks, end of month _ do Oil burnersrA Shipments thousands Stocks end of month do Stoves and ranges, domestic cooking, incl. built-ins:AcT Shipments total thousands Coal and wood do O/as (incl bungalow and combination) cf do Kerosene gasoline and fuel oil do Stoves domestic heating shipments totalAf Coal and wood Gasf Kerosene gasoline and fuel oil do do do do Warm -air furnaces (forced-air and gravity air-flow), shipments totalAt thousands Gas ' do Oil do Solid fuel do "\Vater heaters gas shipments do 1.4 5.4 1.6 4.8 1. 7 4.6 2.3 3.9 2.3 3.3 1.9 2.9 1.3 3.1 1.2 3.5 1.4 3.7 1.5 4.2 1.2 4.6 1.2 68.4 51.9 54.1 52.7 65.4 50.8 79.3 42.7 77.6 39.9 47.6 37.2 32.6 40.1 36.8 43.1 39.2 48.0 35.4 55.2 34.6 61.6 37.1 69.1 183 3 3.9 172 4 7.0 156.0 3.9 145 5 6.7 186 9 3.8 176 6 6.5 222 4 5.2 210.3 6.9 208 8 5.6 194 5 8.7 181 8 (i) 168 6 1 13.2 3.0 156 9 133.5 31 153 6 2.9 171.9 164 9 3.0 156 4 5.5 '89.7 13.1 '63.5 13.1 72.0 5.4 41.5 25.1 78.2 7.7 45.1 25.4 113.0 13.7 70.8 28.6 110.5 16.3 61.3 32.8 115.4 21.0 69.8 24.6 '87.9 68.3 16.4 2.1 183.3 78.3 61.7 15.2 1.3 202.1 79.9 63.2 15.3 1.4 201.6 82.8 66.7 14.7 1.4 230.8 86.8 70.2 15.6 1.0 203.2 88.5 70.5 16.7 1.3 ' 300. 6 r 340. 8 42.2 55.5 ' 193. 3 f 221. 8 65.0 63.5 ' 198. 7 27.3 ' 124. 6 46.9 ' 230. 2 32.5 T 143. 6 54.0 r ' 128. 3 '153.3 110.8 94.9 35.4 28.3 4.9 3.3 241.2 234.7 121. 1 89.4 26.9 3.0 236.7 ' 329. 1 ' 226. 8 50.2 31.1 ' 221. 3 ' 162. 9 32.8 57.6 r 173.2 r 174. 7 120.9 43.9 6.0 231. 5 125.5 41.2 5.6 262.7 '121.6 90.7 26.0 3.2 190. 3 0 O MACHINERY AND APPARATUS Blowers, fans, and unit heaters, quarterly totals: TJnit-heater group new orders Foundry equipment (new), new orders, net Furnaces, industrial, new orders, net: Electric processing Fuel-fired (except for hot rolling steel) mil of dol do 32.2 20.2 35.8 24.1 36.5 21.9 40.5 19.9 do 125 1 110 7 134.1 131 3 140.8 131 2 95.9 95.5 128 6 159.9 97 9 159.0 164.8 1.5 3.1 2.2 6.2 1.6 5.7 1.8 1.6 3.0 5.9 1.4 4.1 1.6 5.2 1.4 2.2 2.0 2 2 1.1 5.6 1.8 6.9 1.3 3.1 1.1 1.0 Industrial trucks (electric), shipments: TTand (motorized) number.. Rider-type do Industrial trucks and" tractors (gasoline-powered), shipments _ number. _ 574 384 579 400 355 273 433 386 621 400 561 443 548 408 533 426 532 432 564 481 512 484 468 496 507 523 2,040 1,916 2, 161 2. 226 2,520 2,462 2,624 1,773 2, 091 2,722 2,118 1,968 2,087 Machine tools (metal-cutting and metal-forming): N"ew orders (net) total mil of dol Domestic do Shipments total - do _ Domestic do Estimated backlog months 65.40 60.10 50. 05 44. 95 4.1 63.40 53.25 40.60 37.00 4.6 52.20 47.05 40.30 35.35 4.8 58.85 50.10 46.15 42.25 4.9 66.65 51. 15 51.50 46.15 5.1 54.25 44.10 46.60 41.10 25.2 58.30 48.15 63.85 55.35 2 4.8 56.45 45.05 46.40 40.65 25.0 60.. 60 46, 50 51 ..95 44. 65 24.5 61.95 47.60 64.50 54. 95 24.8 51.85 40.30 55.10 45.05 24.5 ' 49. 95 'r 32. 40 56. 35 ' 44. 75 24.3 4 26 9 4 27 8 4 4 36. 5 Other machinery and equipment, quarterly shipments: Construction machinery (selected types), total 9 mil of dol 292.4 90.1 22 6 372. 6 107 4 35 3 rp i "' -v. i f t tnr<;' off rnVhwiv^ do Tractor shovel loaders, integral units only (wheel and tracklaying types) mil of dol Farm machines and equipment (selected products), excluding tractors mil of dol Tractors, wheel (excl. garden and contractors' off- 5 Pumps (steam, power, centrifugal, and rotary), new orders mil of dol 211.7 62 0 14 4 70.1 65.3 52.1 285. 3 208.1 146. 5 182.6 117.1 118.7 441.2 32. 6 f p » P 55. 00 35. 25 64. 25 51.60 ^24.0 4 30 5 4 26.2 4 4 31. 8 4 20. 4 421.5 23.3 226.9 4 41.3 7.3 5.7 6.2 5.5 5.8 5.5 6.6 7.0 7.6 2 us 2 556 2 728 2 889 3 069 2 799 2 467 1 865 1 641 1 877 1 545 1 650 1 926 151 4 138 8 129 2 116 4 116.6 104 5 157.2 132 0 143.4 112 6 144 0 93 5 147 5 113 0 113. 5 117 0 143. 2 143 3 156 4 148 6 127 0 145 7 117.6 r 127 5 126.2 122.3 276.0 341 9 1,430. 2 3 571.0 221.2 318 1 829.0 350.4 268. 5 305.1 359.8 394 1 1,009.4 31,981.2 547.4 3 808. 3 330.9 374 1 1, 795. 7 706.6 290.1 312 8 1, 346. 1 560.8 293.8 264 2 31,553.3 3 593. 2 258. 3 254. 6 1,355.8 526.5 77 5 70 0 74 0 87 0 88 5 82 3 84 0 80.6 81 5 92 2 77 4 78 0 153 46 100 131 39, 126 145 29, 926 160 20, 192 164 10, 248 141 13,016 154 39 063 146 42, 211 149 32, 463 168 20, 505 140 18 808 23, 976 ELECTRICAL EQUIPMENT Batteries (automotive replacement only), shipments Household electrical appliances: Ranges (incl. built-ins), domestic and export sales Rpf 'PP atn s and hornp f rmtrmt* IQ^?— 100 Vacuum cleaners (standard type), sales billed thousand s_Radio sets, production§ _ _ _ do_ __ Television sets (incl combination), prod.§ do _ Electronic tubes and semiconductors, factory sales Insulating materials and related products: Insulating materials, sales billed, index 1947 49 ~~ 100 Steel conduit (rigid) shipments thous of ft Motors and generators, quarterly: New orders index 1947 49—100 Polyphase induction motors, 1-200 hp: New orders gross thous of dol Billings do Direct current motors and generators, 1-200 hp: Billin°s do 3 245.8 265. 6 277.0 243 9 1, 277. 0 '31,551.5 T> 882. 9 442.2 ' 3 518. 9 v 267. 6 294. 5 339. 9 278.4 235 g 283 6 305 6 1,442.4 31,667.6 1, 230. 3 3 503. 5 549. 5 422.6 186 169 169 180 47, 367 46 848 39, 628 39 981 41,938 40 015 43, 151 41 921 7 781 6,641 7,222 6, 283 7, 124 7, 069 8,111 6,975 4 15, 098 4 2 650 4 88.0 13, 902 4 1, 732 ' Revised. v Preliminary. 1 Shipments of coal and wood stoves are included with liquid fuel types. 2 Estimated backlog for metal-cutting tools only. 4 6 3 Represents 5-weeks' production. Data are for month shown. Revised 1st quarter 1959: $241,700,000. ABeginning January 1959, industry estimates are based on revised inflating factors and are not strictly comparable with earlier data. tf Includes data for built-in gas-fired oven-broiler units; shipments oi cooking tops (for use with the ovens), not included in figures above, totaled 27,000 units (4-burner equivalent) in April 1960. 0 Revisions for 1958 are in the April 1960 SURVEY. 9 Includes data not shown separately. fRevisions for gas heating stoves (January 1958-May 1959) and warm-air furnaces (January 1957-May 1959) are available upon request. *New series (from Board of Governors of the Federal Reserve System); monthly data for 1947-1958 are available upon request. GData exclude sales of combination washer-dryer machines; such sales (including exports) totaled 9,800 units in June 1960. § Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for June, September, and December 1959 and March and June 1960 cover 5 weeks; all other months, 4 weeks. August SURVEY OF CURRENT BUSINESS 1060 S-35 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July 1960 DecemAugust SeptemOctober November ber ber January February March 1, 634 378 101 1,579 366 105 1,680 294 90 1,231 283 110 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 9 thous of short tons Electric power utilities - - -- do Railroads (class I) do Manufacturing and mining industries, total. -do _ Coke plants (oven and beehive) do Retail deliveries to other consumers a do Stocks, industrial and retail dealers', end of month, total - thous. of short tons. Electric power utilities _ _ ___ -do. Railroads (class I) do Manufacturing and mining industries, total do. r Oven-coke plants do Retail dealers do 1,262 333 60 1, 441 317 154 27. 16 13. 188 27.16 p 13.188 1, 777 395 106 '1,206 411 119 '1,600 442 108 ' 1, 823 r 1, 805 467 470 217 180 ' 1, 863 ' 1, 965 429 445 213 153 27.34 13. 391 27.48 13.811 27.49 13. 811 27.40 14. 231 27.40 14. 651 27.74 14. 651 27.82 14. 651 28. 18 14 651 28 18 14 651 28.18 14 651 28 18 13 433 36, 599 24, 230 29, 906 32, 373 34, 724 35, 824 40, 376 36 110 34 670 38 860 34 740 r 35, 990 33, 760 29, 928 13, 249 152 15, 310 r 8, 562 26, 129 13, 391 133 11,231 5,048 24, 585 13, 806 131 8,921 2, 612 24, 393 12, 987 137 8,879 2,524 26, 252 13, 389 186 9,678 2,600 32, 135 14, 084 242 14,417 6,203 36, 964 15, 223 266 17. 709 8,697 38 155 15, 865 263 17, 962 8 891 36 518 15 016 248 17, 266 8 598 39 156 16 099 251 18, 532 9 107 30 853 13 105 185 15, 747 8 181 r 29, 707 13, 155 145 14,941 7 603 27, 983 13, 211 111 13, 424 (i 529 1,059 1,248 1,622 2,281 2,881 3,267 3,731 4,063 3 986 4,269 1,729 1,323 1,098 70, 369 44, 932 271 24, 369 12, 424 65, 374 43, 493 249 20, 700 9,278 66, 596 45, 376 246 19,912 8,442 68, 732 47, 680 246 19,733 7,927 72, 663 49, 758 246 21,, C 85 9 374 74, 653 50, 561 233 22, 738 10, 128 76, 202 50, 107 225 24, 840 11,495 73, 426 48, 038 225 24 331 12 099 70, 640 46 084 209 23 722 11 242 66, 955 43, 345 195 22, 964 11 148 68, 153 44, 356 176 23, 136 11,324 71, 364 46, 575 168 24, 053 11 916 73, 918 48, 275 178 24, 760 12, 391 1 074 1 121 1,030 832 625 451 485 568 705 3.743 r 797 932 1,062 1,073 2,894 3,677 4,001 3,509 3 111 2 481 2,858 2 050 2 126 2 147 3,364 3 456 16. 55 16.65 16.72 16.95 17 10 17 12 17 14 17 19 17 20 17 21 17.21 16 71 16. 69 5. 173 7.459 5.175 7.585 5. 171 7.724 5 184 7.822 5 202 7.838 5 192 7.944 5 193 7.953 5 193 7.953 5 193 7 953 5 ig2 7 953 5.166 7.331 5 166 7. 300 p 5. 161 p 7. 355 a ' 120 r 66 r 3, 498 663 50 1,789 670 '36 1,739 685 '38 1,801 683 r 92 6, 071 762 110 6,187 768 127 5 912 706 134 6 243 799 102 5,654 809 79 5, 271 829 60 4,543 r 3, 049 ' 1, 792 1,257 1,178 41 3,164 1,828 1, 336 1,203 41 3,788 2,274 1,515 1,185 29 4 333 2, 680 1,652 1 163 32 4 830 3,101 1,729 1 096 50 4 988 3 227 1,760 1 114 35 4 505 2 819 1 686 1 141 42 4 038 2 528 1 510 1 163 38 3 879 2 544 1 335 1 166 04 3 2 1 1 673 504 169 191 35 3 752 2 610 1, 142 1 196 20 3 783 ? 674 1 109 1 178 24 3 892 2 811 1 081 30.35 30.35 30.35 30.35 30.35 30. 35 30.35 30.35 30 35 30 35 30.35 30 35 30.35 Crude petroleum : 2,447 2,114 Oil wells completed t ___ number.. 2,368 2,189 2,076 2,377 2.97 2.97 2.97 Price at wells (Oklahoma-Kansas) dol. per bbl__ 2.97 2.97 2.97 244, 316 239, 607 250, 508 236, 326 237, 066 239, 517 Runs to stillst thous. of bbL. 84 83 85 Refinery operating ratio _ percent of capacity. _ 83 81 84 2,430 2.97 252, 442 86 2,132 2. 97 256, 659 86 1 464 2.97 233, 880 84 1 795 2.97 245, 423 82 1,502 2.97 238, 809 82 1 733 2.97 246, 847 82 p 2 . 97 Exports do -_ Prices: Retail composite dol. per short tonWholesale: Screenings, indust use, f o.b. car at mine do Domestic, large sizes, f.o.b. car at mine do _. COKE Production: Beehive thous. of short tons. _ Oven (byproduct).. _ _ _ do _ Petroleum coke § 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 dol. per short ton._ « ' 5, 946 724 r r 66 4, 284 672 r T 1, 140 25, 100 37 PETROLEUM AND PRODUCTS All oils, supply, demand, and stocks:*^ Now supply, totalt thous. of bbl__ 295, 505 280, 418 282, 365 282, 880 289, 343 291, 946 313, 088 312, 721 296, 669 Production: Crude petroleumj __do .._. 212, 489 210,311 209, 733 205, 700 214, 248 209, 449 222, 969 224, 140 209 986 25, 950 26, 190 26, 539 Natural-gas liquids, benzol (blended), etc 4 do 26, 033 27, 456 27, 618 29, 156 29, 258 27, 576 Imports: Crude petroleum _ do 36, 147 27, 510 29, 943 29 486 30 355 29 421 31 879 28 610 29 730 20, 919 16, 407 16, 150 17, 284 Refined products}: - -.- . . . do _ _ 21, 661 25, 458 29, 084 30 713 29 377 17, 313 2,610 13, 291 Change in stocks, all oils (decrease,—) do 185 13, 259 -9, 386 -28,486 — 18, 105 — 10 591 Demand, totalt ._ _ do.__ 278, 192 277, 808 269, 074 282 695 276 084 301 332 341 574 330 826 307 260 Exports: Crude petroleum do 192 174 237 151 258 132 258 264 299 7,600 7,264 6,698 Refined products} do 6,653 7,287 5,453 7,238 5 734 5 505 270, 400 270, 370 262, 139 275, 891 268, 539 295, 747 334, 078 324, 828 301, 456 Domestic demand, total 9 \ do Gasoline} __ _ do 133, 695 137, 141 132, 875 130 264 120 858 116 056 123 578 111 311 108 871 do do~_ do 4, 552 36, 438 40. 442 6, 063 34, 161 36, 068 4 370 31,457 34, 705 7 871 42, 694 37, 874 8 059 46 075 38, 370 ll' 723 65* 895 50, 155 15 545 80 976 58, 623 14 753 86 200 61 581 13 915 73 050 55 804 do.... do-._ do do 7,914 3,900 12, 562 14, 839 8,983 3,671 13, 440 15, 165 9,233 3,567 13 721 16, 563 10, 994 3 737 12 724 15 994 9 3 10 18 364 797 267 541 8 767 3 255 6 225 21 106 10 064 3 333 4 419 23 703 8 973 3 284 3 066 23 072 8 3 3 21 do 816, 569 do.- _ 272, 505 do 29, 976 __ _ do. 514, 088 819, 179 264, 994 31, 296 522, 889 832, 470 253, 091 31, 820 547, 559 832, 655 250 996 32, 759 548, 900 845, 914 257 487 31, 942 556 485 836, 528 255 953 29, 135 551 440 808, 042 257 129 24, 887 526 026 127, 991 2,056 130, 366 1 398 123 344 1 781 121 865 1 688 122 843 1 537 172, 755 12, 539 170, 543 11,378 163 247 10 881 162 780 11 497 .110 .120 .118 .217 .218 .214 KerosenetA Distillate fuel oilt Residual fuel oilj JetfueltA LubricantsJ AsphaltJ. Liquefied gases} Stocks, end of month, total Crude petroleum Natural-gas liquids Refined products.-. _ _ _ _ _ Refined petroleum products: Gasoline (incl. aviation): Production:!: do.._ 124, 580 ExportsJ _ _ do 1,814 Stocks, end of month: Finished gasoline ._ do 183, 022 Unfinished gasoline _ do 13, 056 Prices (excl. aviation): Wholesale, refinery (Okla., group 3)_.dol. per gal__ .115 Retail (regular grade, excl. taxes) , service stations, 55 cities (1st of following mo.) dol. per gal_. .213 r 310, 214 297, 789 291, 377 220 977 29 979 211, 132 28, 166 212 296 27, 799 29 292 09 966 —34' 532 33 877 24, 614 14,611 30 571 20 711 16 307 344 746 283 178 275 070 260 6 302 338, 184 120 497 15 958 87 137 60 701 270 6,477 276. 431 199 094 7 668 45 385 45 840 6 268, 129 6 40 40 887 604 673 899 8 752 3 898 9 478 14 601 745 742 260 923 18,916 465 903 760 353 266 178 22' 215 471 goo 776 660 261 312 26, 400 488 948 120 307 914 126 866 1 284 123 449 1 607 125 226 1 436 193 575 12 407 205 379 11 760 209 854 12 837 OQ9 oio 13 490 198 081 12 428 .103 .100 .105 .113 115 .105 p. 115 .207 .203 .202 .202 .207 .208 .212 584 352 218 532 8 903 3 646 3 769 23 364 790 885 252 206 22, 406 516 253 780 274 257 028 20, 793 502 453 129 835 1 793 130 339 916 169 701 11 315 175 319 11 796 .110 .105 .207 .211 7 3 6 15 127 421 522 952 176 450 246 .218 Revised. p Preliminary. 9 Includes data not shown separately. § Includes nonmarketable catalyst coke. 11 * Y lsl ° ns for.1958 will be shown later as follows: Oil wells completed (August and September); domestic demand—jet fuel (February-September); lubricants (January-August)- for allother indicated items (January-September). tf Data for Alaska and Hawaii are included as part of domestic supply and demand beginning with January 1959 and January 1960, respectively; appropriate amounts for these States are reflected m data for all series affected. Data beginning 1960 for jet fuel and kerosene are not comparable with earlier data because jet fuel for use in commercial aircraft is now classified witha kerosene; formerly, this product was reported primarily as "jet." A See last sentence of note "dV' Revisions for January-May 1959 (thous. short tons): Anthracite—2,318; 1,645; 1,593; 1,588; 1,466; beehive coke—81; 90; 139; 160; 136; oven coke—5,555" 5,458- 6 286- 6 097' 6 267 Re SUEVEY OF CUEEENT BUSINESS S-36 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1000 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April 1 1 May July June PETROLEUM, COAL, AND PRODUCTS—Continued PETROLEUM AND PRODUCTS— Continued Refined petroleum products— Continued cf Aviation gasoline: Production thous of bbl Exportst do _ Stocks, end of month _ . _do__ . Kerosene :§ Production do Stocks, end of month do Price, wholesale, bulk lots (N.Y. Harbor) dol. per gal Distillate fuel oil: Production thous. of bbL_ ImportsJ do Exportst do _ _ Stocks, end of month . _ do_ _. Price, wholesale (N.Y. Harbor, No. 2 fuel) dol per gal Residual fuel oil: Production thous. of bbl Imports t do Exports! do Stocks, end of month _ _ do_ Price, wholesale (Okla., No. 6fuel)___dol. per bbl_ Jetfuol:§ Production thous. of bbl Stocks, end of month _ _ _ _ do Lubricants: Production do Exportst _ clo_ _ Stocks, end of month _ _ _ _ do Price, wholesale, bright stock (midcontinent, f.o.b. Tulsa) _ _ dol. per gal_. Asphalt: Production _ _ _ _ _ thous. of bbl__ Stocks end of month do Liquefied petroleum gases: Production do Transfers from easoline plants!. . _ _ do _ Stocks (at plants, terminals, underground, and at refineries), end of month thous. of bbl Asphalt and tar products, shipments: Asphalt roofing total thous. of squares- _ Roll roofing and cap sheet . _ _ do_ _ Shingles all tvpcs do Asphalt siding Insulated siding Asphalt board products Saturated felts do do thous. of sq. ft-short tons 9,509 954 10, 828 1,180 14, 623 10, 930 1, 356 12, 887 10, 947 10, 186 1, 226 12, 062 10, 022 955 11,715 12, 203 10,467 1,036 11, 923 10, 401 12, 793 13, 401 14, 025 9 780 863 14,319 9, 145 1, 229 14, 274 9 521 1,084 13, 848 7,314 27, 364 6, 967 28, 328 7, 264 31, 221 8, 305 31,562 8, 886 32, 396 9,992 30, 701 11,943 26, 817 13, 547 26, 510 10, 408 23, 020 11 353 18, 440 9, 745 20, 547 9 853 24, 217 736 9,761 582 555 .101 .101 .098 .098 .098 .098 .103 .113 .113 .105 .105 .105 53, 745 1,841 1,182 120, 962 53, 279 1, 055 55, 921 53, 816 55, 044 51, 877 1,095 55, 690 1 229 52, 300 1,520 174, 148 181, 840 60,110 1,789 1,195 151, 030 59, 874 1 610 140, 388 1,673 164, 134 52, 355 1,181 105, 015 998 779 125, 924 73, 948 81, 755 53, 841 1,342 1,176 95, 461 886 818 979 675 883 822 849 171,114 789 981 p. 102 .096 .096 .093 .093 .093 .093 098 .103 .103 .095 095 .095 p 092 27, 448 14, 671 2,499 55, 479 1.60 25,514 11,272 2, 145 54, 509 1.60 27, 393 11,764 1 , 554 57, 855 1.60 25, 581 15,312 1,887 59, 429 1.40 26, 949 13, 487 2,403 59, 506 1.40 29, 147 21, 050 1,339 58. 587 1.50 31,206 22, 938 1,409 53, 261 1.60 32, 452 26, 366 1,728 49, 306 1.60 28, 938 24, 649 1, 685 45, 775 1.60 31 065 25, 790 1 767 40, 503 1.50 26, 410 19, 567 1, 688 39, 285 1.50 26, 072 15, 590 1, 484 39, 628 1.50 p. 180 7, 331 7,995 7,974 7, 995 9,044 8,433 8,199 7,937 8,788 8, 044 8,186 8,435 8,909 8,741 7, 250 6,846 7,314 7,041 6,386 7, 437 6, 556 7, 338 6,810 4, 615 1,231 8,396 4, 958 1. 281 8,402 4, 593 1, 154 8,274 4, 867 1,026 8,378 4, 934 1, 278 8, 237 4,718 4 968 1,477 8, 950 4 895 1,196 9,365 4 614 1, 040 9, 588 5 027 1,333 9, 637 5 05"? 1, 422 9, 665 4 953 1,318 9. 404 SOS 8,792 .230 .230 .240 .240 .240 .240 .250 .250 .250 .250 .250 . 260 10, 582 14, 228 11,515 12, 853 11,406 11,409 10, 655 9, 986 9,424 9,579 6, 626 10, 224 4, 8?2 10 948 4,546 12 838 4, 363 14. 120 4, 769 15, 266 7, 719 16 830 9,449 17,037 5, 636 9,504 5 657 9, 875 11,236 5 375 10,882 5 538 13, 229 5 573 15, 470 6 019 17, 681 6 260 16, 573 6 ?77 15, 271 6 990 16, 377 6 591 9,631 6 307 8,571 24, 544 26, 819 27, 961 29, 095 28, 286 25, 190 20, 785 17, 721 15,861 13, 793 17, 382 21,594 5, 539 1,799 3, 739 6,135 2, 056 4, 079 5 885 2. 087 3, 798 6, 492 2, 403 4, 089 7, 216 2,743 4, 474 3, 752 1,429 2,323 2, 866 1,009 1 , 857 2, 632 3,322 1,224 2,098 3, 746 1,417 2,329 4,017 1,403 2 614 5,268 1,743 3,525 68 156 2,087 93, 404 86 176 2,280 102,001 1,721 87, 460 86 108 107 165 2,211 95,414 122 145 2, 049 1 10,056 76 93 946 66,612 995 1,637 r P. 260 5 981 2,006 3 974 51 59 52 40 776 55 940 1,046 71 809 764 74 876 62 106 70 139 813 61,577 1, 548 68 471 1, 386 81 091 2, 080 89 640 63 56 56 72 48 89 PULP, PAPER, AND PRINTING PULPWOOD AND WASTE PAPER Pulp wood: Receipts. Consumption Stocks end of month Waste paperConsumption _ . Stocks, end of month 3,117 3, 286 4,670 3,215 3, 075 4,822 3,536 3, 424 4,920 3, 337 3,210 5, 062 3,448 3,531 4 961 3,209 3, 268 4,905 3,388 3,034 5, 158 3,577 3,395 5 348 3,404 3, 267 5 482 3,432 3 498 5 406 3,199 3 335 5 285 3,183 3 469 r 4 954 3 394 3 416 4 975 793.6 491.7 695. 9 542.9 796.2 513.9 784.5 524.5 815.5 549.6 745.8 552.3 705.5 588.2 738.9 574.4 755.6 555. 5 778. 5 552 5 753 1 556 8 r 770.4 540 0 781.8 538 8 tons. _ 2, 055. 0 1,912.5 94.2 76.0 do _ 1,171.7 1,091.5 do 199.5 182.1 do _._ 2, 129. 6 95. 0 1,216.0 209.3 1, 999. 8 98.0 1, 123.4 195.2 2, 187. 7 96.7 1 , 259. 3 221.3 1, 989. 8 92 6 1,132.5 201. 5 1,891.8 84.2 1,044. 5 203.1 2, 109. 7 91.9 1 199.5 234.2 2, 034. 4 85.6 1, 172 0 210.6 2, 175. 9 95 3 1 255 9 218.2 2 098 8 88 5 1 195 9 231 8 2, 165. 5 108 0 1 267 9 213 4 2 141 6 96 3 1 252 5 211 5 268 3 102 8 211 5 262 2 103 8 210 3 274 6 101 0 205 7 thous. of cords (128 cu. ft). do do thous. of short tons. _ do WOOD PULP Production: Total, all grades thous. of short Dissolving and special alpha Sul fate Sulfite Groundwood _ do _ Defibrated or exploded do Soda, semichem., screenings, damaged, etc do _ _ Stocks, end of month: Total, all mills do Pulp mills do Paper and board mills _ do Nonpaper mills do 265.5 111.8 212.2 251.3 107.7 203.8 270. 2 116.2 222.8 255.3 112.6 215.2 277.0 116 6 216.7 260.1 96.9 206.1 263. 0 92 3 204.7 277.3 97.7 209.1 260.0 97 1 209. 1 278.6 105 5 222.3 932.9 306.4 546.3 80.2 914.2 288.4 547.2 78.6 900.1 284.1 542. 6 73.4 855.7 251.6 531.5 72.6 857.3 256.3 522. 7 78 3 874.8 270.0 526. 3 78 4 845.1 231.9 534.4 78 7 861.9 267.6 523.3 71 0 863 5 284.4 505.0 74 1 851 0 270.8 504.0 76 2 c 879 9 283.0 520 2 76 7 r 912 6 305 2 526 3 81 1 r 922 301 535 85 1 6 5 0 Exports, all grades, totalt Dissolving and special alpha All other _ do_ ._ do do __ 55.7 24.0 31.7 57.2 24.2 32.9 57.1 23.3 33.8 76.0 36.4 39.6 46.6 15 0 31.5 45.3 16.8 28.5 80.7 33.4 47.3 68.5 29.3 39.3 69.7 20.6 49.1 112.5 44.9 67.6 85 7 38 7 47 0 102.0 38 8 63 2 111 2 35 0 76 1 Imports, all grades, totalt Dissolving and special alpha All other _ do _ do. __ do 214.3 14.0 200.3 214.3 12.0 202.3 189.9 15.4 174.6 191.8 15.9 175.9 198.1 16.4 181 7 232.8 16.6 216.2 203.8 18.3 185.5 173.2 11.2 162.0 302.4 14.5 287 9 207.0 20.9 186. 1 184.9 14 3 170 6 193.2 18 2 175 0 211.0 15 9 195 1 PAPER AND PAPER PRODUCTS All paper and board mills, production: 2,804 2,676 2,955 2,901 3,088 Paper and board, total thous. of short tons__ '2,913 3,027 2,845 2, 630 2,835 2,896 rr 2, 946 2 942 r 1,259 1, 166 1,268 1,209 1 320 1,227 Paper do 1,370 1 327 1,218 1 358 1,277 1 330 1 297 1,373 1, 315 1,353 1,203 1,317 1,375 1, 405 1,177 Paperboard _ _ _ _ _ d o . 1,293 1,315 1,295 r 1, 332 1 355 11 11 ' 12 12 14 14 15 10 13 Wet-machine board do 12 14 14 13 '289 269 312 250 295 300 233 Construction paper and board do _.. 299 253 253 262 271 277 T c Revised. p Preliminary. Corrected. cf See similar note, p. S-35. ^Revisions for 1958 will be shown later as follows: Aviation gasoline exports, distillate fuel oil imports, residual fuel oil imports, transfers from gasoline plants (January-September); distillate fuel oil experts (January-May and September); residual fuel oil exports (May and June); lubricants exports (January-August); wood pulp—exports (June and August), imports (February and November). § See last sentence of note "cf" for p. S-35. SURVEY OF CURRENT BUSINESS August I960 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS S-37 1959 June 1960 Novem- DecemAugust SeptemOctober ber ber ber July January February March April 954.3 698. 5 1, 122.4 925.2 612 0 1.050.0 734.6 1, 202. 1 999.5 621.8 994.4 745. 9 1,129.7 966. 6 628.5 885.0 651.0 914. 0 911.0 553. 0 May June July PULP, PAPER, AND PRINTING—Continued PAPER AND PAPER PRODUCTS— Continued Paper, except building paper, newsprint, and paperboard (American Paper and Pulp Association): Orders new 9 thous of short tons Orders unfilled end of month 9 - do Production do Shipments 9 do Stocks end of month 9 do Fine paper: Orders new do Orders unfilled end of month _ _ do Production do Shipments do Stocks end of month do Printing paper: Orders new -- _do_ __ Orders unfilled end of month do Production __ __ _ __ _ do Shipments do Stocks end of month do Price, wholesale, book paper, "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 Stocks end of month _ _ do Newsprint: Canada (incl. Newfoundland): Production do Shipments from mills _ _do Stocks at mills end of month do United States: Production _ do Shipments from mills _ __do__ Stocks at mills end of month do 845.1 621.8 1,044.6 860.9 591.6 954. 0 713.1 1, 146. 5 941.4 598.5 899.0 785.2 1, 022. 5 853. 4 541. 2 897.4 707.3 1, 102. 8 915.4 560.4 896.7 708.6 1, 067. 0 898.3 566.3 146.9 103.4 151.1 151.2 130.2 134.4 104.8 129.3 129.3 120.3 131. 5 88.4 145.0 139 8 120.9 128.8 79.8 140.4 138 6 124.4 142.9 74.4 151.1 144. 1 131.4 130.5 71.9 140. 5 132.7 143. 9 133.9 69.7 138.4 132. 1 150. 8 151.1 76. 5 151.3 ] 48. 6 148.5 152.1 81.4 148.6 149 3 151 2 r 159. 7 81.3 160.9 152 9 155.8 152.5 86.2 155.0 157 7 160.7 146. 0 82.0 153. 0 144.0 164. 0 393.8 435. 3 379. 2 381.4 248. 0 395. 0 476. 4 361. 1 358. 9 250.1 374.7 411 8 386.3 383. 2 253. 2 378. 8 408.0 376.7 374.0 255.8 419.7 418. 5 413.3 411.6 257. 5 367.1 385. 3 380. 8 380.8 257.5 378. 5 360 8 381.2 382.8 256.0 397.0 428. 9 401. 0 394.8 262.3 402.6 404 3 389.9 385. 9 266 2 451. 1 425 9 423. 6 418.3 271.5 405.3 407 9 400. 4 399.3 272.6 387.0 382. 0 397.0 397. 0 273.0 Consumption bv publisherscf do Stocks at and in transit to publishers, end of month cT thous. of short tonsImports _ _ _ do Price, rolls, contract, delivered to principal ports dol. per short ton__ 1, 008. 0 862.6 725.2 664.4 1,191.8 1, 068. 2 990.8 905.6 580.9 581.4 939.3 741.3 1,099.9 932. 5 551.2 v 16. 95 16.28 16.45 16. 45 16. 45 16.45 16. 45 16.45 16. 62 16 62 16 62 16 78 f 16. 95 334. 2 153. 3 339.4 335.9 105.9 318.3 160. 9 315.4 313. 1 108.9 329.5 157.4 334. 6 328. 6 111.1 333.1 173. 6 322.6 326.4 109.8 374. 9 182.2 363.8 365. 5 113. 3 306. 1 162.4 314.3 330.4 106.1 274.1 146. 7 294.0 287.7 108.8 338.7 162. 6 334.5 330.6 113.0 336 6 166. 0 337. 1 329.8 119.4 371 2 182.4 358.6 359. 9 122.0 375. 7 204.7 349.5 349.3 119.2 352. 0 187.0 364. 0 370. 0 115.0 534.2 535. 6 236.1 535. 8 547.0 224.9 541.5 531.1 235.2 532.8 560. 6 207.5 593. 2 602.6 198.2 563. 3 594.5 166.9 538.5 551.8 153.6 527.4 493.8 187.3 533. 6 494.8 226 0 575 0 517.9 283 2 547 1 589. 0 241 3 563. 1 569 5 234. 9 566. 3 593. 2 208.0 167. 9 161. 4 29.0 149.2 156.5 21.7 173.8 167.7 27.8 149.2 155. 6 21.3 177.3 179. 5 19.2 169. 0 169. 9 18.3 167. 2 167. 3 18.1 179.4 167. 0 30.5 157. 1 155.6 32.0 172 3 166 0 38 4 168 7 173.5 33 6 173. 3 171. 5 35.4 171.2 174.3 32 3 428.9 400.1 423.0 449.0 492.4 487.5 459. 1 431.6 416 4 469 9 476 9 510 4 461 9 579.8 625. 8 642.8 660.4 646.2 644.7 658. 8 651.8 670. 1 646.1 651. 1 593.2 605. 3 458.2 434.1 434.4 462.1 460.5 488.8 513.4 370.9 427 6 456 7 432 2 480 6 476 1 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 134. 40 "134. 40 1, 395. 9 1,367.1 532. 0 507. 4 1,421.1 1, 367. 2 1,463.5 483 2 1, 484. 8 1,324.1 1, 436. 1 441 1 467 1 1, 339. 2 1 434 4 1,330.1 321 3 1,341. 2 1,368.2 48() 5 1 355 8 1,351.5 450 ° 1 366 6 1,191.1 4^7 8 1 159 6 93 77 9 195 8 239 Paperboard (National Paperboard Association) :J Orders, new thous. of short tons__ 1,375.2 478. 6 Orders unfilled end of month do Production, total _ _ _ _ _ _ _ _ _ _ _ d o _ 1,383.3 96 Percent of activity Paper products: Shipping containers, corrugated and solid fiber, 9, 266 shipments^ mil sq ft surface area Folding paper boxes, shipments, index of physical 130.2 volume _ 1947-49=100 1, 282. 4 550. 6 1,219.4 85 96 93 8,994 9,552 10, 080 123. 0 127.6 136. 5 1,048 822 2 1,189 2 946 2 243 864 684 1,357 1, 148 97 1. 293. 5 1,269.1 c l,266. 3 4^4 8 438 8 462 2 1, 334. 9 1, 288. 6 1, 234. 1 94 80 92 10, 597 8,447 8 635 8 455 8 604 9 544 133. 6 123.1 130.2 113.7 r 121 8 r 136 4 1, 586 12 372 214 I , 185 955 3 560 3 471 3 89 2 1,354 984 805 95 93 92 92 8 946 T 9 041 120 0 r 125 6 1, 264( °8 ) 2 1,797 P 128 8 PRINTING Book publication, total New books New editions number of editions.. do _ do 2 1, 500 2 1,120 2 380 226 180 209 2 2 230 2 \ lift 2 238 179 46, 022 75, 320 40, 949 47, 205 81,599 38, 581 2 1 431 275 2 3]6 42, 032 83, 451 36, 343 41,263 82, 693 32,018 1,241 1 006 035 1, 385 999 393 RUBBER AND RUBBER PRODUCTS RUBBER Natural rubber: Consumption __ _ lonp tons 47, 786 Stocks, end of month.. _ do 84, 727 Imports, including latex and guayule do 46, 048 Price, wholesale, smoked sheets (New York) .346 dol. per lb__ Synthetic rubber: 106, 716 Production __ __ long tons Consumption do 91,810 179, 569 Stocks, end of month do Exports do 28, 193 Reclaimed rubber: Production.. Consumption Stocks, end of month _ _ _ _ _ do do do 47, 545 80, 059 47, 527 46,914 80, 106 45, 334 49, 252 78, 208 47, 643 49, 049 74, 172 48, 378 42, 039 78, 503 48, 844 42, 950 79, 405 47, 443 46, 354 76, 156 34, 795 42, 576 76, 605 31, 639 .350 .370 .400 .410 .475 .404 .415 .403 .405 .404 . 455 114,316 93, 845 176, 604 26, 261 119, 031 91,141 183,516 23, 729 119,847 96, 973 178, 306 30, 634 128, 532 98, 736 190, 607 17, 984 124, 825 84,014 202, 057 24, 432 125,779 89, 188 210, 996 32, 590 130, 742 95, 133 221, 622 29, 283 1 26, 334 93, 203 221, 183 29, 814 131, 933 97, 727 223, 738 34, 488 120, 895 90, 252 221,511 37, 018 126,804 91, 993 227, 332 31,114 122, 547 95, 849 226, 032 29, 508 26, 188 25, 033 23, 448 27, 937 24, 660 25, 949 25, 343 23, 601 26, 165 28, 197 25, 891 27, 384 28, 330 26,312 27, 393 22, 585 21,447 28, 526 23, 783 23, 218 29, 628 26, 442 26, 540 29, 031 26, 965 25, 944 28, 653 29, 100 26, 625 29, 719 26, 209 24, 210 30, 916 25, 676 23, 763 32,611 25, 429 24, 677 31, 699 . 460 .418 TIRES AND TUBES Pneumatic casings: Production 10, 294 11, 223 9,683 10, 103 10, 884 8,347 9, 645 4 10, 325 4 do do do do 10, 237 3,392 6,756 90 10, 532 3,588 6,832 112 7,957 1, 249 6, 595 114 9,298 2,345 6,819 135 10,269 2, 966 7, 166 136 6.458 1, 440 4,898 120 7,942 3, 197 4, 565 180 * 11,322 4,333 6, 833 156 4 10,179 3, 996 6, 047 136 Stocks, end of month _ _ Exports (Bur. of Census) do do 19, 088 73 19, 877 79 21, 730 91 22, 542 91 23, 151 98 25, 133 97 26, 933 108 4 4 26, 473 125 Inner tubes: Production Shipments Stocks, end of month Exports (Bur. of Census) do do do do 3, 683 3, 872 7, 000 63 4,345 3, 948 7, 560 54 3,716 3,583 7,848 67 4, 065 3, 693 8,334 4, 392 3,915 9, 088 73 3, 756 3, 097 9,918 71 3,612 3, 1 35 10, 536 83 Shipments, total Original equipment _ Replacement equipment Export _____ thousands.. _ _ r 25, 943 145 3, 899 5. 391 8, 924 85 10, 772 4,043 4,011 9, 002 78 4 4 10,517 4 10, 779 9, 737 3, 753 5,827 157 4 11.114 3,584 7,348 182 4 11,188 3, 724 7, 306 157 27, 921 125 4 27, 401 159 4 26, 967 113 146 3 611 3, 330 10, 852 135 113" 11, 115 4 4 4,241 3, 2S2 10, 113 112 3, 628 3, 306 10, 495 146 c 2 Keyised. *> Preliminary. Corrected. 1 May data exclude estimates for tissue and rmseelh .neous papers. Data for months noted cover- 5 weeks; other months, 4 weeks. 44 T\/r^^v.^T^ir, + ,.r>^, ^».^ ,•»-,,>!, -,,1^,1 v,^.,;,,,^,,,, T,,~,, ,.,-„, Besiinnine.' JJanuary anuarv 1960. nil. inn of nf an book Vmnlr and find are nrp not nnt entirely AntirAi-^ comparable pnmnor'i'hio with ™-itT-> those fhnoo for fru- earlier no^ii/-^ periods r^i^^o 1 Beginning 1960, data, data are are based based on on anew a new de.fi definition Motorcycle tires are include'! beginning January I960. 9 Data exclude estimates for "tissue paper." c? As reported by publishers accounting for about 75.5 percent of total newsprint consumption in 1958. JMiiior revisions for January Digitized for1957-March FRASER 1959 will be shown later. S-38 SURVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1060 1959 June July 1960 DecemAugust SeptemOctober November ber ber January February March April May June 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 33, 455 100 36, 361 34, 180 99 37, 370 34, 800 100 37,111 32, 590 97 35. 351 31, 127 89 32, 523 26, 100 77 22, 219 24, 111 69 20, 577 18, 669 53 12, 909 16, 080 49 14, 098 18, 422 53 17,812 27,015 80 27, 638 31, 832 88 30, 468 31,930 91 34, 363 do _ — ---do 33, 605 23, 109 30, 415 19, 981 28, 102 16, 078 25, 308 13, 516 23, 913 11,681 27, 794 13, 169 31,328 16, 506 37, 284 21, 939 38, 553 27, 382 39, 165 33, 474 38, 542 33, 545 40, 085 33, 049 37, 667 30, 488 740.1 50.1 195.0 718.1 50.9 195.9 686.8 48.4 199.2 689. 8 45.6 194.4 654. 1 43.9 186.5 542. 9 35.2 146.2 464.1 33.8 13L3 351.3 33.9 107.0 370.5 33.6 106.0 391.4 35.5 116.0 r 644. 2 49.5 175.4 672.7 50.1 177. 0 37.9 40.1 36.3 35.1 37.8 31.1 30.3 26.1 26.6 27 2 31.6 36.6 22.1 22.3 22.0 22.3 24.0 20.6 20.4 18.7 18.4 20.3 '19.2 20.4 139.1 139.6 139.2 139.4 139,4 139.4 139.9 140.6 140.6 140.6 140.6 141.2 141.3 thous. of bbl CLAY CONSTRUCTION PRODUCTS shipments: J Brick, unglazed (common and face) mil. of standard brick- _ Structural tile except facing thous. of short tons Sewer pipe and fittings vitrified do Facing tile (hollow), glazed and unglazed mil. brick equivalent. _ Floor and wall tile and accessories, glazed and unglazed _ _ rail, of sq. ft_ Price index, brick (common), f.o.b. plant or N.Y. dock 1947-49=100GLASS AND GLASS PRODUCTS Flat glass, mfrs.' shipments (qtrly. total) Glass containers :t Production - - 78, 205 35, 289 42, 916 thous. of gross. _ 13, 778 13,811 15,019 11,872 13, 508 12, 246 11,310 12, 755 13, 131 13, 708 12,693 13, 514 14, 806 13, 660 13, 171 19, 843 12, 326 11,942 9,316 10, 403 10, 989 11, 216 12, 887 12, 601 13, 959 14, 164 1,316 1,466 2,850 1,659 1,037 853 910 1,108 1, 190 1,406 1,306 1,343 1,337 3,915 3,802 6,027 3,947 3,577 2,756 3,144 3,382 3,329 3,620 3,268 3,591 3,891 I,5n8 1,432 1,297 2,837 1,158 147 1,272 1,380 1,291 2,673 1,128 159 1,054 1,662 2,244 4,184 1,545 277 598 1,015 1,289 2, 502 1,113 203 626 838 1,402 3,170 1,120 172 625 609 887 2,681 766 139 983 808 936 2, 550 890 181 632 838 965 2,848 1,075 141 580 838 1, 114 2,972 1,070 123 957 1,161 1,337 3,137 1,137 132 1,285 1,443 1,292 2,771 1,101 135 1,517 2,054 1,218 2,905 1,199 132 1,478 2,131 1,295 2,779 1,122 131 18,509 18, 852 13, 748 12,785 14,113 16, 731 17,312 19, 123 20, 423 20, 963 20,986 20, 358 20, 681 Shipments domestic total do General-use food: Narrow-neck food _ _ _ do Wide-mouth food (incl. packers' tumblers, jolly glasses and fruit jars) thous of gross Beverage Beer bottles 61,414 25, 857 35 557 68, 819 34,911 33, 908 thous of dol do do Sheet (window) glass shipments Plate and other flat ^lass shipments - "Medicinal and toilet Chemical household and industrial Dairy products -- - --do - do -- - do do do 68, 370 35, 864 32, 506 GYPSUM AND PRODUCTS* Crude gypsum, quarterly total: Imports 1,780 2,850 1,890 3, 059 1,624 2, 649 1,158 2,145 2,459 2 611 2,166 2,057 1,086 75 1, 066 83 1,055 82 724 76 375 333 400 379 317 279 310 261 637.7 mil. of sq. ft— 1 603 8 do 77 3 do 682.7 1 691 0 76 1 529.2 1, 442. 5 58.7 456. 2 1,290.4 47.2 thous. of short tons— do Gypsum products sold or used, quarterly total: jncaicineci uses. __ _ — - i . Building uses: Plasters: 411 tVi ' (\ I K " ono's ppmpnt 1 ) do Lath Wallboard A.11 other§ TEXTILE PRODUCTS APPAREL Hosiery shipments Men's apparel, cuttings:^ A Tailored garments: Suits Overcoats and topcoats thous of dozen pairs thous. of units do Coats (separate) dress and sport Trousers (separate) dress and sport Shirts (woven fabrics), dress and sport do do thous. of doz_Work clothing' Dungarees and waistband overalls do Shirts - - - do _ Women's, misses', juniors' outerwear, cuttings:A Coats - - thous. of units Dresses _ _ _ _ _ _ _ do _ Suits do 13, 545 i 1, 895 1 645 1,020 452 14, 457 1,800 1 608 640 948 8,000 1 1,520 1,804 1 310 i 345 264 304 312 344 1,966 2, 346 18, 040 2,223 19, 253 1, 795 1 r 21, 169 779 982 818 14, 207 12, 962 11, 894 11, 567 11,866 13, 025 11,930 11, 891 13, 663 2, 035 !630 1,772 1,804 i 1,955 1300 1,828 1, 836 i 2, 085 i 435 1,968 1,896 336 i 1, 885 1460 !9S5 9, 025 904 904 7,780 i 1, 125 i 7, 850 8,024 8,592 1895 i 9, 035 956 8,876 8,236 8,600 i 1, 055 i 8, 935 2, 045 14,606 6,656 i 1,090 7,510 1 1 12, 608 492 224 888 256 904 476 896 512 2,004 1,980 i 2, 010 1,980 1,964 i 2, 365 2,160 2,048 i 2, 270 355 1360 348 324 276 292 1295 1355 268 328 296 348 1280 1365 264 364 296 344 1 265 1355 2,223 18,760 2,365 19, 720 2, 403 19, 467 1,507 18, 405 1,892 19, 185 1,280 2,308 22, 033 1, 301 2, 078 26, 974 1,013 841 27, 625 1,832 20, 371 1 571 589 662 786 942 593 26, 037 440 709 1,141 1,456 1,402 1,227 1, 515 998 1,507 1,547 1,244 1,253 1,318 1,236 Waists, blouses, and shirts thous. of doz_. * 1, 258 828 925 674 536 880 850 877 866 804 704 912 873 890 Skirts do r ! Revised. Data cover a 5-week period. t Revisions for January-March 1959 for clay construction products (units above): Brick, 365.1; 393.2; 601.9; structural tile, 37.9; 36.0; 41.0; sewer pipe and fittings, 102.7; 100.5:153.4; facing tile 31.8; 28.2; 30.6; floor and wall tile, 17.6; 18.0; 20.0. Revisions for January 1958-February 1959 for glass containers appear in the May 1960 SURVEY; those for 1st quarter 1959 for gypsum and products follow (units above): Crude production, 2,341; uncalcined uses, 782; all other building uses, 51.2. § Comprises sheathing, formboard, and laminated board. 1 Data for June, September, and December 1959 and March and June 1960 cover 5-week periods and for other months, 4 weeks. ARevisions for January 1957-July 1958 are available upon request. SURVEY OF CUEEENT BUSINESS August 1900 S-39 1959 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS June July DecemAugust SeptemOctober November ber ber F( a!r ! January March 1960 April June May July TEXTILE PRODUCTS—Continued COTTON Cotton (exclusive of linters) : Production: Ginnings§ thous. of running bales. Crop estimate, equivalent 500-lb. bales thous. of bales. _ Consumption^! do Stocks in the United" States, end of month, totalf do Domestic cotton total __ _ _ do On farms and in transit do Public storage and compresses do Consuming establishments __do Foreign cotton total do r 150 Exports! do Imports do Prices (farm), American upland cents per lb_ Prices, wholesale, middling I", average 14 markets cents per lb__ Cotton linters: Consumption! thous. of balesProduction J do Stocks end of month! ..do r ' 1,044 4, 445 r 9, 712 r 13, 372 r 1 14, 089 2 14 356 3 14 508 140 5 14, 471 *823 650 712 863 732 725 800 735 731 3 14, 551 4 888 708 710 4 858 9,576 9,529 293 7,962 1,274 47 8 882 8,843 22 530 22, 425 14,055 7,568 802 105 21 468 21 370 10, 964 9 706 700 98 20 346 20 260 6,902 12, 423 935 86 18 975 18 896 3,476 14 195 1, 225 79 17 453 17 385 2,190 13 656 1,539 68 15 614 15' 551 1 493 12 301 1 757 13 997 13 937 12 319 12 267 10 966 10 920 9 772 9 730 11 140 1 916 63 60 9 731 1 953 8 634 1 935 8 470 8,432 187 6, 664 1,581 38 230 24 33.1 392 652 1 109 767 4 669 3 524 1 30 9 2 839 6 32.5 728 2 ' 30.1 29.3 28.1 28.2 29 0 29.4 501 2 29.7 31.4 32.0 32.1 32.2 32.2 32.0 103 106 220 7, 553 1,070 39 129 1 4 4 583 881 52 351 46 249 7,678 1,803 42 236 2 32.8 34.3 98 98 '33.5 34.5 33.6 32.0 31.8 31.7 31.6 31.8 31.9 32.0 *114 38 627 93 28 543 109 46 465 4140 154 442 115 234 497 108 219 558 4 131 197 585 115 108 190 609 173 633 160 653 113 625 73 578 * 126 52 500 19, 262 17, 596 19, 248 17, 587 19, 258 17, 613 19, 292 17, 652 19, 273 17, 648 19, 308 17, 696 19,326 17, 709 19, 365 17 678 19, 358 17, 665 19, 299 17, 602 19, 310 17, 599 19, 315 17, 589 19, 325 17, 604 9,715 4 11, 930 486 477 8,817 * 10, 946 9,970 499 9,118 9,880 494 9,051 11, 039 9,985 499 9,131 12, 143 10, 157 9,995 500 9 144 11, 126 9,844 492 8,989 9,827 491 8,964 9 T (6) 4 124 COTTON MANUFACTURES Spindle activity (cotton system spindles) :Jt Active spindles, last working day, total Consuming 100 percent cotton thous__ do Spindle hours operated, all fibers, total millions.. Average per working day _ do __ Consuming 100 percent cotton do Cotton yarn, natural stock, on cones or tubes: Prices, wholesale, f.o.b. mill: 20/2 carded weaving dol per Ib 86/2' combed knitting do Cotton cloth: Cotton broadwoven goods over 12 inches in width, production quarterly! mil of linear yd Exports! __thous. of sq. vd Imports! do Prices, wholesale: Mill margins cents per Ib Denim white back, 10 oz./sq. yd. cents per yd Print cloth 39-inch 68 x 72 do Sheeting class B 40-inch, 48 x 44-48 do 4 4 456 410, 416 8,864 443 8,057 .672 .934 .676 .936 .676 .936 681 .938 .685 .946 .685 .948 .685 .948 692 948 .946 692 946 .946 2,390 42, 902 16, 595 33, 052 18, 261 38, 203 17, 244 2,364 37, 081 20, 349 44, 789 27 671 37, 396 33, 791 2,424 44, 728 41, 325 47, 521 38 472 38, 699 41 454 2,477 42, 090 39 948 28.20 36.4 16.5 17.3 28. 75 36.4 16.5 17.3 30. 36 36.4 16 5 17.3 31.41 36.4 16.5 17.3 32.61 36.4 17.0 17.3 33.04 36.4 18.0 17.5 33.20 37.4 18.3 17.5 33 67 37.4 18 9 17 5 34 18 37.4 18 9 17.5 411,411 4 442 4 486 4 4 11, 740 470 10, 737 .668 .943 P 661 p. 938 35, 492 45 824 36, 772 35, 877 33, 620 50, 720 34 12 38.3 18 9 17.5 33 43 38.3 18 1 17.5 32.77 38.3 18.0 17.5 32. 85 p38. 3 »18 0 *>17. 5 475. 4 178 8 79.9 168 7 7 57 0 f 7 24 8 7 59.0 * i 26. 3 7 56 2 728.6 692 675 r 32 60 MANMADE FIBERS AND MANUFACTURES 481.3 191.0 89.5 166.8 487.5 190.4 93.8 166.0 Fiber production, quarterly total 9 J mil. of Ib Filament yarn (rayon and acetate) do Staple incl. tow (ra3^on) _ _ do Noncellulosic (nylon acrylic protein, etc ) do 462. 8 181.3 79.7 158.6 Exports: Yarns and monofilaments Staple, tow, and tops Imports: Yarns and monofilaments!Staple, tow, and tops! thous. of lb_. do do. _ do 2,666 2, 655 736 12, 173 3,809 2,863 409 9,591 4, 853 2.539 520 8,672 4,463 3,902 550 12,211 4,890 2, 059 334 7,412 5,538 2,869 208 8,627 6, 661 5,383 571 9,700 4,505 3 846 244 7 717 4,864 3, 141 337 5,832 5,184 2,989 604 9,068 7,468 4 349 599 5 780 6, 432 3,341 353 5,867 7,013 3,716 492 4,362 Stocks, producers', end of month: Filament yarn (rayon and acetate) Staple, incl. tow (rayon) _ _ mil. of lb__ _ do _ 43.9 42.9 46.2 45.1 44.5 51.8 47.7 54.7 48.4 55.9 50.1 56.1 56.3 55.0 56.9 52.1 58.2 51 4 61.7 53.3 '63.7 * 55 1 64.4 55 9 58.5 59. 7 Prices, rayon (viscose): Yarn, filament, 150 denier Staple 1 5 denier dol. per Ib do .79 .33 .82 .33 .82 33 .82 .33 .82 .33 .82 33 .82 33 .82 33 82 33 82 33 82 30 82 29 p 82 v 28 12, 604 12, 592 415 4 37 608 p4 52 . Manmade-fiber broadwoven fabrics: Production, quarterly total 9 ! thous. of linear yd Rayon and acetate (excl tire fabric) do Nylon and chiefly nylon mixtures do Imports, raw! Price, raw, A A, 20-22 denier Production, fabric, qtrly. total J 602, 204 385 947 83, 155 620, 046 387 364 82, 300 629 954 387 99l 86, 167 thous. of sq. yd_. 14, 135 11,665 13, 775 16, 023 15, 764 14, 263 14, 835 13,719 thous. of l b _ _ dol. per Ib thous. of linear yd 627 4.13 6, 449 4.09 317 736 4.12 1,097 4.09 7,242 663 4.14 937 4.32 814 4.51 7,704 624 438 526 4.56 4 43 4 27 7 775 27, 020 14, 148 20, 892 9,776 21, 682 13,612 25, 547 15, 558 20, 688 12, 298 18,515 11, 187 21, Oil 15, 773 20, 552 16,457 20 390 15, 043 Exports, piece goods SILK 618, 316 407, 961 84, 429 r 13, 642 13, 283 13, 975 560 4.34 r WOOL Wool consumption, mill (clean basis) :t! Apparel class thous. of Ib Carpet class _ _ _ ._ do. _ 4 4 4 4 4 4 4 23, 4 164 16, 205 20, 017 13, 647 21, 153 11, 702 4 4 26, 264 11, 477 14, 730 26, 079 20, 569 25, 212 20, 565 21, 465 18, 837 23, 295 22 392 28, 013 19, 453 15, 868 24, 134 7,191 6,573 10, 466 9,758 9,750 7,367 7,646 9,835 11,151 9,046 8, 557 6,057 9,885 2 4 Revised. v Preliminary. 1 Ginnings to December 13. Ginnings to January 15. 3 Total ginnings of 1959 crop. Data cover a 5-week period. « August 1 estimate of 1960 6 7 crop. Less than 500 bales. Data are for month shown. § Total ginnings to end of month indicated, except as noted. 1 Data for June, September, and December 1959 and March and June 1960 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles are for end of period covered. 9 Includes data not shown separately. iScattered revisions for 1957-58 are available upon request. Wool imports, clean content! -_ _ _ __do_ _ Apparel class (dutiable), clean content! do r SURVEY OF CDEKENT BUSINESS S-40 Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS August 1000 1959 June July 1960 DecemAugust SeptemOctober Xovember ber ber January i I February March 1.225 1.075 1.175 1.182 1.095 1.212 1. 160 1.090 1 . 225 1. 155 1.088 1.225 103 5 102.2 102 2 102.2 108.1 92.4 108.1 92.4 108.1 92.4 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. perlb__ Graded fleece, 3/8 blood _ _ _ do Australian, 64s, 70s, good topmaking, i n b o n d _ _ _ d o Knitting yarn, worsted, 2/20s-50s/56s, Bradford system, wholesale price 1947-49=100 Woolen and worsted woven goods, except woven felts: Production quarterly total thous oflin. yd Apparel fabrics total do Other than Government orders total do W'omen's g,nd children's do Prices, wholesale, suitine, f.o.b. mill: Flannel men's and bov's 1947-49=100.Gabardine women's and children's do_ 1.225 1.025 1.075 1.285 1.085 1.115 1.325 1.115 1.125 102.2 102.2 106.0 83, 586 81, 542 81, 224 35, 929 45, 295 105.4 90.8 1.305 1.098 1. 135 1.275 1.072 1.125 1.275 1. 112 1. 125 107.2 104.7 102 2 79, 546 77, 655 77, 458 32 551 44, 907 105.4 92.4 105.4 92.4 108. 1 92.4 1.275 1. 125 1. 162 1.275 1.125 1.175 1.230 1.080 1.175 103.5 104.7 104 7 70 257 68, 449 68 353 29 237 39 116 108.1 92.4 108.1 92.4 108.1 92.4 73 72 71 39 39 108.1 92. 4 108.1 92 4 1.125 1.070 1.225 466 079 531 Q95 506 108.1 92 4 TRANSPORTATION EQUIPMENT AIRCRAFT Manufacturers of complete types: Aircraft, engines, propellers, parts, etc.: 3,007 Orders, new (net), quarterly total mil. of dol__ 2,824 Sales (net) quarterly total do 12. 888 Backlog of orders total end of quarter do 6, 360 For U S military customers do Civilian aircraft: 65, 098 Shipments thous of dol 1,804.7 Airframe weight thous of Ib 5,162 Exports (commercial and civilian) thous. of dol__ 3,110 3,028 12,120 5,452 2,015 2,845 12,058 5 842 2, 865 2, 732 12, 253 5 805 88, 444 2. 160. 0 20, 467 95, 280 2, 286. 9 14, 414 75, 950 1,772.1 13,897 103,646 76, 911 2, 434. 5 2, 048. 9 15, 234 15, 541 111,545 2, 605. 1 32, 651 96, 320 2 262 4 21, 928 112 721 2 647.6 11, 926 90 299 2, 187. 5 48, 078 127 183 r 131, 262 2, 662. 6 3, 159. 7 54, 81 1 79,413 109, 704 2, 429. 1 37, 985 674, 689 267 242 554, 878 545, 660 119,544 100, 462 663, 444 233 209 548, 524 541,458 114,687 92, 186 316, 060 82 58 255, 831 252, 556 60,147 47, 959 309,117 134 134 229,410 220, 621 79, 573 64, 568 632, 420 321, 980 179 268 169 268 537, 1 59 267, 829 523, 500 259, 633 94, 993 53, 972 38,003 81,652 548, 320 286 187 475, 382 462, 831 72, 652 62, 313 792, 351 371 338 676, 712 661,103 115,268 96, 178 782, 758 241 241 656 579 640, 924 125,938 102,305 791,239 340 303 659, 730 644, 780 131,169 105, 438 703, 002 366 362 588, 046 576, 817 114, 590 92, 557 725, 665 451 432 607, 191 596, 861 118, 023 91, 268 717, 366 364 359 605. 582 596, 296 111.420 89, 022 27, 078 8, 497 18,581 64. 832 62, 860 22, 154 7, 467 14,687 68, 647 66, 516 16, 869 5, 160 11,709 50,181 49, 120 16, 860 6, 359 10,501 55, 221 53, 331 21,859 10, 957 10,902 54, 045 52, 479 25, 975 10,500 15,475 54, 861 53, 641 18,005 8.190 9, 81 5 74, 453 71,838 24, 749 12,311 1 2, 438 51, 200 50, 354 29, 652 13, 422 16,230 68, 469 66, 242 31,771 13,050 18,721 69, 856 67, 461 29 468 11,626 17, 842 58, 241 56, 659 31,107 9, 526 21.581 51,208 48, 153 29, 21 6 7,418 21,798 38,077 35, 355 6,616 3, 854 401 5, 820 3, 433 337 5, 542 3,347 416 5, 989 3, 766 784 5, 328 3, 260 641 5, 735 3,814 535 6, 088 4,044 595 6, 145 3,903 590 6, 534 4,023 497 7,020 3,990 688 5, 890 3,389 998 5, 427 3,241 628 584, 81 6 86,914 564, 985 88, 949 532, 279 88, 137 457, 285 78, 784 533, 682 78, 807 426, 929 73, 762 429, 500 3430,116 61,985 3 58, 234 494, 178 69, 588 596, 669 89, 627 647, 287 95, 009 647. 055 93, 460 595, 864 85, 535 4,227 3,204 2,935 1,023 8, 369 7,253 7, 253 1,116 41, 084 20,170 20, 059 20,914 4,334 3,197 3, 136 1,137 4,159 2,519 2,519 1, 640 40, 359 19 442 19, 392 20, 917 5, 003 3, 688 3, 668 1, 315 1,653 1, 653 1,653 0 37. 202 17, 546 17, 516 19, 656 2, 61 5 1, 516 1, 506 1,099 943 941 941 2 35, 646 16, 988 16, 968 18, 658 2,284 1,329 1,329 955 2,722 2,722 2,722 0 36 219 18,403 18,383 17,816 2.218 1, 226 1,226 992 2,424 1,274 1,274 1,150 36, 575 18,377 18,357 18, 198 3,127 1, 681 1,586 1, 446 10, 759 5, 769 5, 570 4,990 44 089 22, 547 22, 328 21, 542 2,869 1,633 1,613 1 , 236 * 5, 747 T 3, 932 * 3, 932 1,815 48, 369 24. 848 ?4, 649 23, 521 7,901 5,138 5,138 2, 763 3,211 1,398 1,398 1,813 46 522 22,915 22, 716 23, 607 5,950 4,408 4,408 1,542 5,931 3,550 3,550 2,381 120 42 334 20, 149 19, 946 22, 185 5, 569 4,200 4,200 1,369 5, 541 4,546 4, 546 995 41 206 20, 485 20, 282 20, 721 1,662 1,650 '559 36 321 18 607 18, 392 17 714 6, 042 3, 697 3, 697 2, 345 321 244 244 77 29 770 14 349 14, 134 15, 421 0 0 157 2157 4 4 2153 2153 6 6 2198 2198 15 15 2187 2 187 14 14 2 177 2177 228 228 149 149 9 9 282 282 18 18 282 282 12 12 315 315 21 21 294 294 24 24 270 270 13 13 282 282 1,701 8.1 1,702 8.4 1,695 8.5 1,694 8.3 1 , 688 8.0 1,678 7.2 1, 676 7.3 1,675 7.5 1,676 7.6 1,674 7.7 1,673 8.1 1,674 82 MOTOR VEHICLES Factory sales total Coaches total Domestic Passenger cars total Domestic Trucks total Domestic number- _ - do do do _ _ _ _ _ _ _ do do _ _ _ do Exports, total t _ _ _ _ _ _ _ J/'assenccr cars (new and used) Trucks and bu^es Imports (cars trucks buses) total eft Passenger cars (new and uscd)cf Production, truck trailers: A Complete trailers total _ _ _ _ _ _ Vans _ _ _ _ _ _ _ _ Chassi^ van bodies for sale separatelv Registrations: O "\~ew passenger cars New commercial cars d o do do do do do .do _ do do do _:::: — RAILROAD EQUIPMENT American Railway Car Institute: Freight cars: Shipments total number E equipment manufacturers total do Domestic do Railroad and private-line shops domestic do New orders, total $ _ _ _ do Equipment manufacturers, total do Domestic do Railroad and private-line shops, domestic do Unfilled orders end of month total do Ecjuipment manufacturers total do Domestic do Railroad and private-line shops, domestic do Passenger cars (equipment manufacturers): Shipments, total _ do_ _ Domestic __ do___ Unfilled orders end of month, total do Domestic do_ __ 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 units Serviceable end of month do Installed in service (new) quarterlv total do Unfilled orders end of month do Exports of locomotives, total (railroad-service and industrial tvpes) number r 2 0 0 M57 M57 1,702 7.9 2 28, 61 5 27 211 298 413 13 28, 81 5 27, 439 134 314 28, 706 27 019 206 999 29 8 15 42 57 52 r 1, 961 r 1,841 r 1, 837 r 2, 221 28,765 27 221 95 311 67 43 48 28 898 27 420 145 175 68 53 68 Revised. v Preliminary. In addition to unfilled orders reported by equipment manufacturers, railroad company shops reported unfilled orders for 10 cars (March-November 1959); shipments of these cars were made in December 1959. 3 Figures for one State are incomplete, of Data cover complete units, chassis, and bodies. ARevisions for 1957 (except for detachable van bodies) are available upon request. OXew registrations in Alaska and in Hawaii are included effective with data for January 1959 and January I960, respectively. ISenttered revisions for motor vehicle exports and imports (1958) and for freight car new orders (1955-58) are available upon request. §Excludes railroad-owned private refrigerator cars. INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40 SECTIONS General: Business indicators Commodity prices Construction and real estate Domestic trade -- 1-5 6, 7 7,8 9-11 Employment and population _ _ _ _, Finance . International transactions of the U.S Transportation and communications. _. „ — 11-15 16-20 21, 22 23, 24 Industry: Chemicals and allied products_ Electric power and gas Food and kindred products; tobacco Leather and products - - . 24, 25 - 25,26 26-30 30,31 Lumber and manufactures Metals and manufactures_._ Petroleum, coal, and products Pulp, paper, and printing Rubber and rubber products Stone, clay, and glass products Textile products.. __, Transportation equipment __ 31 _ 32-34 35,36 36,37 ___ - 37 38 38-40 40 INDIVIDUAL SERIES Advertising _-. 9 Agricultural loans and foreign trade., 16,21,22 Aircraft and parts.. 3,12,13,14,40 Airline operations 23 Alcohol, denatured and ethyl _ _ _ 24 Alcoholic beverages _ 7,9,26 Aluminum . ______ 33 Apparel 2,3,6,7,9,10,12,13,14,15,38 Asphalt and tar products 35,36 Automobiles , 3,9,12,13,14,15,17,22,40 Bakery products _, 12,13,14 Balance of payments __ 21 Banking „ .. 14,16 Barley — 27 Barrels and drums . 32 Battery shipments.. ~ 34 Beef and veal _ ... 28 Beverages 3,4,7,9,12,13,14,15,26 Blast furnaces, steel works, etc 12,13,14 Blowers and fans 34 Bonds, outstanding, issued, prices, sales, yields ---- 17,19,20 Book publication , 37 Brass and bronze 33 Brick . 38 Brokers' loans and balances. 16,19 Building and construction materials._.. _ 8,9,10,36 Building costs . 8 Business incorporations (new), failures. 5 Business sales and inventories . .,— 4 Butter 27 Cans (metal), closures, crowns 32 Carloadings 23 Cattle and calves 28 Cement and concrete products 7,8,38 Cereal and bakery products 6,12,13,14 Chain-store sales, firms with 4 or more and 11 or more stores 10 Cheese 27 Chemicals 3,4, 5,6,12,13,14,15,19, 22, 24 Cigarettes and cigars 7,30 Civilian employees, Federal 12 Clay products 7,38 Coal _ _ _ _ 3,4,6,11,13,14,15,22,23,35 Cocoa 22, 28 Coffee 22,29 Coke . 23,35 Communications 12,13,14,15,19, 20, 24 Confectionery, sales 29 Construction: Contract awards.8 Costs . 8 Dwelling units 7,8 Employment, hours, earnings., wage rates 12, 13,14,15 Highways and roads _ 7,8,15 New construction, dollar value 1,7 Consumer credit. 17 Consumer goods output, index 2,3 Consumer expenditures__1,9 Consumer price index 6 Copper _ _ _ 22,33 Corn ... 27 Cost of living (see Consumer price index), 6 Cotton, raw and manufactures 6,7,22,39 Cottonseed, cake and meal, oil 30 Credit, short- and intermediate-term 17 Crops 2,6,27,30,39 Crude oil and natural gas 3,11,13,14,15,35 Currency in circulation 18 Dairy products Debits, bank Debt, U.S. Government Department stores . Deposits, bank Disputes, industrial Distilled spirits Dividend payments, rates, and yields Drug-store sales http://fraser.stlouisfed.org/ Dwelling units, new. Federal Reserve Bank of St. Louis 2,6,26 16 17 10,11,17 16,18 15 ______ 27 2,19, 20 ... 10 _ 7,8 Earnings, weekly and hourly ._ 14,15 Eating and drinking places. _ _ ^ 10 Eggs and poultry _ _ _ . 2,6,28 Electric power 3,6,26 Electrical machinery and equipment 3, 4,5,7,12,13,14,19,22,34 Employment estimates and indexes _„ 11,12 Employment Service activities _ __, 15 Expenditures, U.S. Government 17 Explosives ,_ _ , 25 Exports (see also individual commodities) 21, 22 Express operations . ,_ 23 National income and product 1 National parks, visits 24 National security expenditures 1,17 Newsprint 22,37 New York Stock Exchange, selected data 19, 20 Nonferrous metals 7,19,22,33 Noninstallment credit 17 Failures, industrial and commercial 5 Farm income, marketings, and prices , _ _ _ 1,2,6 Farm wages . , 15 Fats and oils, greases ,_ 6,29,30 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___ ,_ „__, 29 Flaxseed 30 Flooring, hardwood . 31 Flour, wheat , .__, 28 Food products , 3,4, 5, 6,9,10,12,13,14,15,18,22,27,28,29,30 Foreclosures, real estate. 8 Foreign trade...... ... ___, 21, 22 Foundry equipment 34 Freight carloadings ,__ 23 Freight cars (equipment)__„ ... „ _ _ 3,40 Fruits and vegetables 6,22, 27 Fuel oil 35,36 Fuels.______ _ 3,6,35,36 Furnaces. 34 Furniture... 3,4,6,9,10,12,13,14,17 Furs ___________..._ 22 Paint and paint materials... 6, 25 Panama Canal traffic 23 Paper and products and pulp 3, 4, 5, 7,12,13,14,15,18, 22,36,37 Parity ratio 6 Passports issued 24 Payrolls, indexes 13 Petroleum and products 3, 4, 5 , 6 , 1 2 , 1 3 , 1 4 , 1 5 , 1 9 , 22,35,36 Pig iron 32 Plant and equipment expenditures 2,19 Plastics and resin materials 25 Plywood, hardwood 31 Population . 11 Pork ._ 28 Postal savings. 16 Poultry and eggs.. 2,6, 28 Prices (see also individual commodities) 6 Printing and publishing 3,12,13,14,15,37 Profits, corporate 1,18,19 Public utilities. 2,3,6, 7,12,13,14,15,19, 20, 26 Pullman Company 24 Pulp and pulpwood 36 Pumps. 34 Purchasing power of the dollar . 7 Gas, output, prices, sales, revenues 3,6,26,27 Gasoline 9,35,36 Glass and products ,__ „ 38 Generators and motors 34 Glycerin _„__ 24 Gold... . . _ _ _ 18,21 Grains and products..... 6,22,23,27,28 Grocery stores.. , ,. 10 Gross national product...... ... 1 Gross private domestic investment . ... 1 Gypsum and products . « 7,38 Radiators and convectors 34 Radio and television __ 3,6,9,34 Railroads. _ 2,12,15,19,20,23,40 Railways (local) and bus lines 12,13,14,15, 23 Rayon and acetate 39 Real estate . 8,16 Receipts, U.S. Government 17 Recreation _ _ . 6 Refrigeration appliances, output 34 Rents (housing) 6,9 Retail trade 4, 5,9,10,11,13,14,15,17 Rice..., _. 27 Roofing and siding, asphalt 36 Rubber and products.. 3,4,5,7,12,13,14,15, 22,37 Rye 27 Hardware stores.... . . 9,10 Heating apparatus . 7,34 Hides and skins 7,30 Highways and roads 7,8,15 Hogs __._ _ 28 Home Loan banks, loans outstanding 8 Home mortgages. ., . ., ._ 8 Hosiery . , 38 Hotels 12,13,14,15,24 Hours of work per week , 13 Housefurnishings ,_ _ _ _ _ _ 6, 9,10 Household appliances and radios ._ 3,6,9,10,34 Imports (see also individual commodities) 21,22 Income, personal ,__ _ 1 Income and employment tax receipts 17 Industrial production indexes: By industry 2,3 By market grouping 2,3 Installment credit 17 Installment sales, department stores 11 Instruments and related products _ 3,12, 13,14 Insulating materials „ _ _. . 34 Insurance, life ___„_, 17,18 Interest and money rates16 Inventories, manufacturers' and trade.. 4, 10,11 Iron and steel, crude and manufactures. . 3, 4 , 5 , 7 , 8 , 1 2 , 1 4 , 1 9 , 2 2 , 32,33 Labor disputes, turnover. 15 Labor force 11 Lamb and mutton 28 Lard___ 28 33 Lead. Leather and products._____ 3,7,12,13,14,15,30,31 Linseed oil _ 30 Livestock __ 2,6,23,28 Loans, real estate, agricultural, bank, brokers' (see also Consumer credit) 8,16,17,19 Locomotives __ _ 40 Lubri cants _ _ . , ___ 35,36 Lumber and products 3, 4,5,7,8,9,10,12,13,14,18,31 Machine tools 34 Machinery.. 3,4,5,7,12,13,14,19,22,34 Mail-order sales, catalog . _ ., 10 Manmade fibers and manufactures 7,39 Manufacturers' sales, inventories, orders 4,5 Manufacturing employment, production workers, payrolls, hours, earnings 11,12,13,14,15 Manufacturing production indexes 2,3 Margarine ,_ ._ 29 Meats and meat packing..,, 2,6,12,13,14,28 Medical and personal care 6 Metals__ 3,4,5,7,11,12,13,14,15,19,32,33 Milk 27 Mining and minerals.... 2,3,11,12,13,14,15,19, 20 Monetary statistics. ,_ 18 Money supply 18 Mortgage loans 8,16,18 Motor carriers 23 Motor vehicles.__ 3,4, 5,7,9,10,12,13,14,15,19,40 Motors . _. 34 Oats Oil burners Oils and fats, greases Orders, new and unfilled, manufacturers' Ordnance . 27 34 6,29,30 5 12,13,14 Saving, personal__„ 1 Savings deposits. 16 Securities issued 19 Services 1,9,12,13,14 Sheep and lambs 28 Ship and boat building 12,13,14 Shoes and other footwear 7,9,10,31 Silk, prices, imports, production 7,39 Silver _ _ 18 Soybeans and soybean oil 30 Spindle activity, cotton 39 Steel ingots and steel manufactures 3,32,33 Steel scrap 32 Stocks, department stores 11 Stock prices, earnings, sales, etc 20 Stone, clay, and glass products 3, 4,5,12,13,14,19,38 Stoves and ranges 34 Sugar 22,29 Sulfur 25 Sulfuric acid __ 24 Superphosphate 25 Tea imports 29 Telephone, telegraph, cable, and radio-telegraph carriers 12,13,14,15, 20, 24 Television and radio 3,6,9,34 Textiles and products 3, 4,5,7,12,13,14,15,18,22,38,39,40 Tin . 22,33 Tires and inner tubes 7,9,10,37 Tobacco and manufactures . 3, 4,5,6,7,8,12,13,14,15,22,30 Tractors ___, 22,34 Trade 5,9,10,11,12,13,14,15,17,20 Transit lines, local 23 Transportation and transportation equipment. _ _ 3,4,5,6,9,12,13,14,15,19,22,23,24,40 Travel 24 Truck trailers._ 40 Trucks.._ 34,40 Unemployment and compensation 11,15 U.S. Government bonds 16,17,19,20 U.S. Government finance 17 Utilities 2,3,6,7,12,13,14,15,19, 20, 26 Vacuum cleaners _ Variety stores Vegetable oils Vegetables and fruits . Vessels cleared in foreign trade Veterans' benefits 34 10 29,30 6,22,27 — 23 _ 15,17 Wages and salaries 1,2,13,14,15 Washers.. .-___ 34 Water heaters 34 Wheat and wheat flour 27,28 Wholesale price indexes. 6,7 Wholesale trade.. 4,5, II, 12,13,14,15 Wood pulp. 36 Wool and wool manufactures 6,7,22,39,40 Zinc. 33 UNITED STATES GOVERNMENT PRINTING OFFICE PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $3QO (GPOI DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D.C. OFFICIAL BUSINESS First-Class Mail A Supplement to the Survey of Current ftusiness TAT SINCE 1929 * FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES * PERSONAL INCOME BY STATE, BY TYPE, AND BY INDUSTRY—SINCE 1929 * ANALYSIS OF GEOGRAPHIC INCOME CHANGES • PROCEDURES AND DEFINITIONS THIS 1957 VOLUME—229 pages, quarto, illustrated, $1.50—is available from the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C, as well as at all Field Offices of the U. S. Department of Commerce.