Full text of Survey of Current Business : January 1953
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JANUARY
U. S. DEPARTMENT OF COMMERCE
OFFICE ™ RUSINESS ECONOMICS
SUBVEY
OF C U R R E N T
BUSINESS
No. 1
J A N U A R Y 1953
PAGE
THE BUSINESS SITUATION
1953 Investment Programs
1
3
DEPARTMENT OF C O M M E R C E
FIELD SERVICE
Albuquerque, N. Mex.
204 S. 10th St.
Memphis 3, Tean.
229 Federal Bidg.
Atlanta 3, Ga.
86 Forsyth St. NW.
Miami 32, Fla.
36 NE. First St.
Baltimore 2, Md.
200 E. Lexington St.
Milwaukee 2, Wig.
207 E. Michigan St.
Boston 9, Mass.
40 Broad St.
Minneapolis 2, Minn.
607 Marquette Ave*
Buffalo 3, N. Y.
117 EiHcott St.
Mobile 10, Ala.
109-13 St. Joseph St.
Butte, Mont.
306 Federal Bldg.
New Orleans 12, La.
333 St. Charles Ave,
Charleston 4, S. G.
Area 2,
Sergeant Jasper Bidg.
New York 13, N. Y.
346 Broadway
Cheyenne, Wyo.
308 Federal Office Bldg.
Oklahoma City 2, Okla.
114 N. Broadway
Chicago 1, III.
221 N. LaSalla St.
Omaha, Nebr.
105 Federal Office
Building
Cincinnati 2, Ohio
105 W. Four
*
*
*
SPECIAL ARTICLES
Growth Trends in the Economy
5
State and Local Government Receipt and Expenditure
Programs
11
*
*
*
MONTHLY BUSINESS STATISTICS. . . . .S-ltoS-40
Statistical Index
Inside Back Cover
Published by the U. S. Department of Commerce, C H A R L E S S A W Y E R ,
Secretary. Office of Business Economics, M. JOSEPH MEEHAN,
Director. Subscription price, including weekly statistical supplement, is
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any Department of Commerce Field Office or to the Superintendent of Documents, United States Government Printing Office, Washington 25, D. C.
Special subscription arrangements, including changes of address, should be
made directly with the Superintendent of Documents. Make checks payable
to Treasurer of the United States.
Cleveland 14, Ohio
925 Euclid Ava*
Dallas 2, Tex.
1114 Commerce Sfi«
Denver 2, Colo.
142 New Custom House
Detroit 26, Mich.
1214 Griewold St.
El Paso, Tex.
Chamber of Commerce
Bldg.
Hartford 1, Cona.
135 High St,
Houston, Tex.
430 Lamar St.
Philadelphia 7, Pa.
1015 Chestnut St.
Phoenix, Ariz.
311 N. Central Ave,
Pittsburgh 22, Pa.
717 Liberty ATS.
Portland 4, Oreg.
520 SW. Morrison §t*
Providence 3, R. I.
327 Post Office Annez
Reno, Nev.
1479 Wells Ave.
Richmond, Va.
400 East Mala St,
St. Lonis 1, Mo.
1114 Market St»
'%
Jacksonville 1, Fia.
311 W. Monroe S*»
Salt Lake City 1, Utah
109 W. Second St., So.
Kansas City 6, Mo.
903 McGee S*
San Francisco 2, Calif.
870 Market St.
Los Angeles 15, Calif.
112 West 9th St.
Savannah, Ga.
125-29 Bull St.
Louisville 2, Ey.
631 Federal BSd§.
Seattle 4, Wash.
123 U. S. Court House
For local telephone listing, consult section
devoted to U. S. Government
JANUARY 1953
THE
SITUATION
By the Office of Business Economics
Consumer Instalment Credit
grew rapidly last year
BILLIONS OF DOLLARS
20
TOTAL INSTALMENT CREDIT OUTSTANDING
(END OF QUARTER)
15
10
NEW CREDIT
REPAYMENTS
I960
\/
I
1951
TOTAL
FOR
1952*
QUARTER
with new credit higher relative to purchases
PERCENT
15
NEW INSTALMENT CREDIT AS
A PERCENT OF PERSONAL
CONSUMPTION EXPENDITURES
IO
\
\
1950
*
I
I
FOURTH QUARTER INCLUDES ESTIMATES
\
I
J_
1951
FOR DECEMBER
€/. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
235640°—53
1
I
1952*
52-193
BUSINESS activity continued strong in November and
December as heavy buying brought retail sales to new highs
for the holiday period. During the final quarter of the year,
in response to rising demand for the national product in all
major sectors of the economy, goods and services flowed in
increasing volume into personal consumption, private investment, and to Government. A notable accompaniment of
this activity was an expression of investor confidence in the
economic outlook through bidding up industrial stock prices
to the highest levels since 1929.
It is noteworthy that the constantly increasing pressures
of demand in the past year have not been accompanied by a
rising commodity price level. Wholesale prices continued
to sag in December as farm product prices yielded further
under the pressure of seasonally heavy marketings and
reduced export demand. Processed food prices also moved
lower in reflection of the movement of the raw materials,
while average prices of industrial products continued firm.
According to this evidence from the market place, large as
aggregate demand has been, supply has fully kept pace.
Apart from the adjustments in agriculture, the current
economic situation is generally well balanced. Changes in
the major sources of supply or demand for the national
product appear to be fairly uniform and limited in degree,
with the result that nearly all industry groups are showing
stable or rising production trends in contrast to the divergent
movements of 1951. Owing to the cautious business attitude
with respect to inventory management in the past year,
production has been closely adjusted to final demand; inventory accumulation has been moderate and mostly in the
defense and other durable goods industries where part of the
additions to stock in recent months was needed to correct
imbalances growing out of the steel shutdown. Most businessmen appear to view their inventories as about right in
size in relation to the high volume of sales.
Personal consumption expenditures have been a mainstay
of demand, particularly since last spring. Supported by a
continued high volume of personal income, the current rate
of consumer spending provides a broad base in support of
industrial operations. Furthermore, as detailed on a subsequent page of this issue, a high rate of private fixed capital
formation is expected to continue throughout this year.
A clue to future demand upon the national product by
the Federal Government was provided by the Federal Budget
for the fiscal year 1954, submitted to Congress on January 9.
This contemplated expenditures of $78% billion for the fiscal
year 1954 as compared to $74K billion for fiscal 1953. Of
this $4 billion increase, $2 billion was accounted for by
larger Defense Department outlays for major procurement,
operation and maintenance; atomic energy development was
estimated to cost an additional $% billion; and foreign economic and military aid was expected to increase by $1%
billion over fiscal 1953.
Budget receipts for the 1953 fiscal year were estimated ai
more than $68% billion; approximately the same amount was
estimated for fiscal 1954 based on expected higher levels of
income and product which it was anticipated would offset
the expiration of the excess profits tax on June 30, 1953 and
SURVEY OF CURRENT BUSINESS
the scheduled reduction in income tax rates effective beginning January 1, 1954. A budget deficit of nearly $6 billion
was thus outlined for fiscal 1953 and, on the assumption
scheduled tax reductions will take place, one of almost $10
Table
1.—Federal Budget
Expenditures,
Fiscal
Years 1952-54 l
[Billions of dollars]
Fiscal years
Program
1952
1953
actual
Total budget expenditures
Major national security
Military services
_ _
International security and foreign relations
Other
Veterans' services and benefits
Interest
All other Government programs
_ ___
_
-
1954
estmlated
66.1
74.6
78.6
47.2
39.7
5.3
2.2
53.2
44.4
6.0
2.8
57.3
46.3
7.9
3.2
4.9
5.9
8.1
4.5
6.5
10.4
4.6
6.4
10.3
1. Detail will not necessarily add to totals due to rounding.
Source: U. S. Bureau of the Budget.
January 1953
amounted to 8 percent of disposable income in 1952, a figure
which was rather high by historical standards.
The rise in consumer debt began in April, before the suspension of Regulation W by the Federal Reserve, effective
May 7. In April new credit granted to consumers exceeded
repayments by one quarter billion dollars. Since the lifting
of controls, expansion of consumer debt has been unusually
rapid, with the amount outstanding reaching $22.8 billion at
the end of November, an increase of more than $3 billion, or
about one-sixth, since March as compared with a $.6 billion
rise in the like period of 1951.
,
The rise in 1952 represents the resumption of a trend which
has been under way since 1945. Notwithstanding the recent
large expansion, total consumer credit outstanding in 1952
CONSUMER CREDIT OUTSTANDING
in recent years has averaged between
8 and 10 percent of disposable
personal income
billion in fiscal 1954. The prospective consolidated cash
deficit was, of course, much lower—$2 billion in fiscal 1953
and $6K billion infiscal1954.
Expansion of Consumer Credit
The steady rise of retail trade and consumer expenditures
since early in 1952 has been assisted by a rapid expansion
of consumer short-term debt. However, aggregate personal
saving, which measures additions to personal assets less
additions to personal liabilities (including consumer debt)
Automobile credit has fed the recent
expansion of instalment sale credit
10
TOTAL INSTALMENT SALE
CREDIT OUTSTANDING
(END
OF
QUARTER)
50
100
150
200
DISPOSABLE PERSONAL INCOME-TOTAL FOR YEAR
(BILLIONS OF DOLLARS)
U. S. DEPARTMENT
AUTOMOBILE DEALERS:
;ALL
OTHER RETAIL STORES;
Is .*
\ t
I \
..i
1950
*
I
FOURTH QUARTER INCLUDES ESTIMATES
1951
I
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
1952*
FOR DECEMBER
52 - 192
OF COMMERCE, OFFICE OF BUSINESS
ECONOMICS
250
52 -190
has borne about the same relationship to disposable personal
income as in the five years preceding the war.
During the war the combination of credit controls, the
cessation of production of many durable goods, and greatly
increased liquid asset holdings b}^ consumers resulted in
lowering the relative use of consumer credit, and particularly
installment credit, to a minimum for recent decades. In
1945, the ratio of new instalment credit to total personal
consumption expenditures was 3.9 percent, compared to 10.8
percent in 1940, while instalment debt repayments absorbed
only 3 percent of disposable personal income in 1945, **-s
against 9 percent in 1940. Since 1945 the volume of both
new credit granted and of repayments have grown in every
year as merchants have used credit more and more liberally
to promote sales. It is estimated upon the basis of data foi
the first 11 months that in 1952 new instalment credit granted
(Continued on p. 16)
SURVEY OF CURRENT BUSINESS
January 1953
1953 Investment Programs
BUSINESS expects in 1953 to maintain its record
1951-52 rates of capital spending, according to a preliminary
survey conducted during October by the Office of Business
Economics and the Securities and Exchange Commission.
Nonfarm business firms anticipate expenditures for new
plant and equipment during 1953 of $28.3 billion, as compared to $26.9 billion and $26.3 billion, respectively, in 1952
and 1951. Changes in capital goods prices during the last
two years have been quite moderate so that the anticipated
physical volume of facilities acquisitions in 1953 is probably
little different from that in either 1951 or 1952.
Investment trends within 1953
Last month's Survey reported that capital expenditures
in the first quarter of this year are expected to reach a seasonally adjusted annual rate of $28.7 billion. Comparison
of this rate with spending programs for the year as a whole
would imply some lowering of plant and equipment outlays
in later quarters, and the anticipatory data do suggest some
peaking in investment in the early part of this year.
However, the 1953 spending programs may be understated both in absolute terms and relative to first quarter
expectations, since past surveys have shown that the tendency toward incompleteness in reporting future programs
increases with the period of forward planning. In addition,
the annual programs were reported in October 1952 while
the quarterly estimates are based on information supplied
by business in November—a possibly significant difference
in timing. However, the first quarter figure may actually
be especially high due to some carryover from 1952 in
capital goods demand as a result of the recent steel strike.
The regular annual SEC-OBE survey of business plans,
which will be reported in the April issue of this magazine,
I /
ar ketA
Variations among industry groups
Among the major industries, planned outlays by manufacturers in 1953 are 4 percent below last year and the nonrail transport companies expect little change, while public
utilities, mining and commercial companies have scheduled
capital outlays moderately above 1952 (see table 2). The
largest cutback in capital expenditures from 1952 will
probably be made by the railroads. Although anticipatory
data were not collected from the railroads in this survey, a
special survey conducted by the Office of Business Economics
of large roads accounting for more than two-fifths of this
industry's outlays in 1952 indicates that 1953 outlays are
programed to be about one-fifth below 1952 expenditures.
Defense industries taper., nondefense firm
The defense facilities expansion program has now passed
its peak, and some industries are well along toward completion of their expansions covered by certificates of necessity.
Some industries with a substantial volume of certificates are
showing reductions in capital goods demand.
Increased strength, on the other hand, is evidenced by
most nondefense industries and in defense areas with less
advanced programs. Reflecting in part the mixed trends
among defense industries and the strengthening of demand
in consumer goods industries, there is little difference indicated in the 1953 investment trends among the various sizeclasses of firms.
Thus, despite the diminishing force of the defense expansion programs, the current capital goods picture is still
ft the
// c^Def9\e-enAe
/
after
ON DECEMBER 29, 1952, the Department of Commerce issued a 90-page report entitled. Markets after the
Defense Expansion, which is now available at 55 cents
from the Superintendent of Documents, Government
Printing Office, or from the Department's Field Service
offices listed on the inside front cover of this magazine.
On the back cover are shown the titles of the 10
chapters comprising its contents.
The new report in a sense parallels one published in
1943 by the Department under the title, Markets after
the War, which was reprinted and widely distributed by
the Committee for Economic Development, and by the
Seventy-eighth Congress as Senate Document No. 40.
In each case the Committee for Economic Development
felt that the business community needed a comprehensive analysis of the outlook for civilian markets after
the peak of military expenditures had been passed.
Last year Mr. Marion B. Folsom, Chairman of the
CED Board of Trustees, stated as follows the problem
to which the present report is addressed:
will provide further information on the intra-year investment
pattern.
"We shall need information as to what the postrearmament level of demand may be, both military and
civilian; what civilian demand will need to be to maintain high employment; and what a high employment
level of demand is likely to mean for the markets for
goods and services. We realize that such projections
would be subject to considerable uncertainty; nevertheless, we believe that they would be of the greatest
value as starting points for the development of plans
and programs for action."
Announcement that the Department would undertake the project was made on July 18, 1952, and the
first meeting of a newly created advisory committee of
consultants from outside the Government was held on
September 16.
The two articles in this issue of the SURVEY OF
CURRENT BUSINESS are based upon data and analyses
developed in the course of preparation of Markets after
the Defense Expansion.
SUEVEY OF CURKENT BUSINESS
strong. The near-term demand for productive facilities is
stimulated by high overall activity, income and employment.
Sales and earnings expectations are favorable, financing is
Business Plant and
Equipment Outlays
January 1953
rubber, petroleum and beverage companies. The chemicals
and paper and paper products industries expect little changein their 1953 investment, while food and textiles companies
are lowering their facilities programs.
Nonmanufacturers expect to hold 1952 rates
BUSINESS programs continued
high investment in 1953
30—
—
In the nonmanufacturing area increased spending programs
by public utility, mining, and commercial companies in 1953
will just about offset the reduced spending schedules of the
railroads. Little change in fixed investment rates is anticipated by nonrail transport companies.
In the utility field the electric power companies expect to
spend about 10 percent more in 1953 than in 1952. Almost
offsetting this increase is a reduction in spending programs
by gas companies.
Table 2.—Expenditures on New Plant and Equipment by United
States Business, 1951-53 1
20 —
Millions of dollars
Manufacturing
___
_
__
Durable goods industries
_ _
_
Primary iron and steel
Primary nonferrous metals
Fabricated metal productsElectrical machinery and equipment
Machinery except electrical
10 —
__ _
Motor vehicles and equipment
Transportation equipment excl. motor vehiclesStone, clay and glass 4products
Other durable goods
__ _
Nondurable goods industries
1950
1951
1952
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
„ ___
Food and kindred products.
Beverages
Textile mill products
Paper and allied products
1953
Chemicals and allied products
Petroleum a n d coal products _
Rubber products
Other nondurable goods 5 ___
52-181
generally available on reasonable terms, and the materials
supply situation is rapidly easing.
__
_ _ _ _ _ _ _
__ __
IVtining
Public utilities
Commercial and other "
Total
19522
19533
11, 130
12,452
11,907
-4
5,168
5,869
5,326
-9
1,304
277
421
359
675
1,681
502
350
389
763
1,391
376
360
454
820
-17
-25
3
17
7
736
182
388
826
810
214
293
866
686
160
280
798
-15
-25
-4
5,962
6,583
6,582
6
657
311
695
489
634
381
512
433
589
416
380
424
—7
9
-26
-2
1,283
2,014
187
327
1,507
2,494
245
378
1,450
2,651
271
401
-4
6
11
6
911
1,474
Railroad
Transportation, other than rail
Manufacturers' investment
Manufacturers have scheduled capital outlays in 1953 at
$11.9 billion as against $11.1 billion and $12.5 billion,
respectively, in 1951 and 1952. Relative to the full year
1952, anticipated 1953 expenditures by durable goods industries are off 9 percent, while nondurable goods producers
expect to maintain last year's rate.
Greater-than-average declines within the durable goods
group are expected by the motor vehicle, other transportation equipment, nonferrous metals, and the primary iron
and steel industries. In the nonferrous group a very large
expected cutback in investment by aluminum companies is
partially offset by a programed increase among copper
companies. Both aircraft and railroad equipment producers are contributing to the anticipated decline in the
transportation equipment industries. On the other hand,
electrical and nonelectrical machinery producers expect to
expand sizably their 1952 rates of investment during 1953.
Especially large spending plans were reported by agricultural
and office and business machinery companies. The fabricated metals group anticipates a moderate increase from last
year's rate.
Within the nondurable goods group, 1953 plant and equipment expenditures higher than in 1952 are expected by
1951
Percent
change
1952-53
__
^. ?
850
871
2
1,398
1,120
-20
1,492
1,394
1,384
3,855
3,961
4,017
1
7,470
6,804
6,972
2
26,332
26,860
26,271
-2
-1
1. Data exclude expenditures of agricultural business and outlays charged to current account.
2. Includes estimates for the fourth quarter based on anticipated capital expenditures as
reported by business in November 1952.
3. Estimates for 1953 are based on anticipated capital expenditures as reported by business
in October 1952.
4. Includes lumber products, furniture and fixtures, instruments, ordnance and miscellaneous manufacturers.
5. Includes apparel and related products, tobacco, leather and leather products and printing and publishing.
6. Includes trade, service, finance, communication and construction.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
The expected increase in mining outlays is entirely attributable to oil and gas extraction companies. Maintenance
of 1952 rates is programed by metals mining, coal and other
mining industries. In the nonrail transportation group
lowered capital outlays expected by the airlines, local transit
and water transportation companies are offset by increases
in spending plans by trucking, bus, and oil pipeline companies.
Within the miscellaneous group slighlty higher investment
in 1953 is planned by trade, construction, finance and service
companies.
by Louis J. Paradiso and Francis L. Hirt
Growth Trends in the Economy
T.
HE American economy in the past 50 years has shown
a remarkably persistent rate of growth. This long-term
characteristic is best reflected by the course of the Nation's
total production of goods and services, which has increased
at an average rate of about 3 percent per year.
Indeed, since 1940 the rise in total output has been even
faster—averaging 5 percent per year. This more rapid expansion represents the gains made from the immediate prewar years—when unemployment was substantial and total
production was below the long-term trend—to the high
activity period of recent years.
It is, of course, true that the long-term growth of the
economy has been interrupted periodically by cyclical declines
in business activity of varying amplitudes and duration.
But each period of decline has been followed by a period of
recovery which eventually brought total production to a
new high.
Furthermore, in every period some industries and products have shown exceptionally rapid production growth and
their activities have contributed to the general upswing or
have helped to restrict the decline. The bulk of American
industry, however, cannot be classified as fast-growing,
though many old-established industries have expanded and
jecome vigorous through aggressive marketing and forwardlooking programs.
It is the purpose of this study to illustrate the wide divergences among industries and products in trends of output from
the immediate prewar period to the present. Particular
emphasis will be given to delineating the characteristics of
the new fast-growing industries and products and to illustrating the trends in the old-established industries which
have continued to expand at a rapid pace.
The output of most industries in the postwar period has
been greatly in excess of prewar rates. This was associated
with population growth, much higher purchasing power, and
hence greater demand for all types of goods and services,
and with the very heavy investment in plant and equipment
which brought substantial additions to the capacity to
produce.
In this favorable economic climate, the output of many industries and products has, however, shown exceptionally
rapid growth. These include a host of relatively new products, such as the "miracle" drugs and synthetic fibers, as
well as a number of old-established ones, such as electric
power and cigarettes.
To further the development and marketing of new products, many firms are allocating an increasing proportion of
their budget to industrial and scientific research and to
product testing. In 1951, for example, direct outlays for
such purposes by industry amounted to $1.2 billion; in addition, nearly another $1.5 billion was spent through Government-supported programs. This represents a substantial
increase in expenditures for these purposes over the prewar
rates. Thus, a steady flow of new discoveries can be depended upon and the associated work toward their application is rapidly being expanded.
NOTE—MR. PARADISO IS THE OFFICE OF BUSINESS ECONOMICS' CHIEF
STATISTICIAN AND ASSISTANT DIRECTOR: MR. HIRT IS A MEMBER OF
THE CURRENT BUSINESS ANALYSIS UNIT OF THE OFFICE OF BUSINESS
ECONOMICS.
As in the past, the fruits of industrial and scientific research
can be counted upon to contribute importantly to the
Nation's growth in the period ahead. Also, the marketing of
new products and improvement in the quality of old have
resulted in real benefits to both producers and consumers.
Newly developed products display a variety of patterns in
their market-life. Some do not seem to "catch on" and after
an ephemeral life disappear from the market place. Others
go through a rapidly growing phase after which the rate of
growth diminishes. Still others maintain a strong growth
over a long period of years, with no apparent diminution in
the demand. Illustrations of divergent experiences covering
the period of the last decade are shown in the chart.
For the new products which are successfully launched,
rising demands are accompanied by expansion in investment—in new plant and equipment and in inventories. As
the demand catches up and exceeds the supply, new plants
are built to increase the capacity to produce. The favorable
demand and profit prospects in the new lines provide inducements for business entries into the new product field both in
the production and distribution sectors. They further provide incentives for existing firms to add the new lines to
complement their old ones. Many established companies
have thus expanded by developing entirely new lines, in
addition to improving the quality of their existing products
and finding new and broadened markets for regular line
products.
Consumers also benefit from the marketing of new or
better quality products which add to the variety and enjoyment of available goods and services. The benefits increase
as the efficiencies of rising production are passed on in lower
prices, as has been demonstrated in many cases in recent
years.
In view of the rapidity with which new products have been
introduced in the recent period, and the fact that the demand
for many of them is still in the expanding phase, it appears
that, in the aggregate, they will continue to contribute importantly to total business activity in the near-term future.
Divergence in trends of output
To illustrate the diversity of the production trends, data
have been collected on specific industries and products, going
back to 1900 where possible. Altogether, over 160 series
were compiled. These are listed in an accompanying table.
It should be emphasized that the list is only a partial one.
The particular items included serve to exemplify the wide
range and character of recent production trends, with special
emphasis on the growth rates of products which have been
recently introduced and on the established fast-growing
industries. Many industries and products, because of lack
of data or for other reasons, have not been included.
Because of the partial nature of the list, it excludes many
items which are well known to be new and growing; it also
excludes other items which have shown declining tendencies.
For example, industrial applications of electronic devices
and measuring and controlling instruments have made great
strides in recent years. The growth in the use of these and
other types of machines has been due in part to the greater
accuracy of operations, better quality control, and to the
6
SUKVEY OF CUEEENT BUSINESS
January 1953
Illustrations of production changes from 1940 to 1951
compared with the increase in total national output
Many industries or products have increased at a faster
annual rate than total output. . .
PERCENT
40 I
20 PERCENT OR MORE
INCREASE PER YEAR
'••MAN-MADE FIBERS
OTHER THAN RAYON
//
//
PERCENT
40
BETWEEN 5 AND 20
PERCENT INCREASE
PER YEAR
30
-AIR
PASSENGER-MI(,6$
•PLASTICS
20
•FROZEN FOODS
...REPAIRS, HOUSEHOLD
DURABLES
10
.-TRACTORS
•RAYON AND ACETATE
•MOTOR TRUCK TRANSPORTATION
10
GROSS NATIONAL
'PRODUCT
GROSS NATIONAL
'PRODUCT
while others have increased at a slower rate or declined
PERCENT
PERCENT
20
10
0 TO 5 PERCENT
INCREASE PER YEAR
DECREASING INDUSTRIES
...GROSS NATIONAL
PRODUCT
10
/SOAP (EXCL. DETERGENTS)
(ANTHRACITE
./MANUFACTURED TOBACCO
\CREAMERY BUTTER
••RANGE BOILERS
GROSS NAT/ON At,
•PRODUCT
[..CRUDE PETROLEUM
"STEEL INGOTS
-COARSE PAPERS
••LUMBER
-10
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
52-191
January 10f>3
SURVEY OF CURRENT BUSINESS
cost-reduction possibilities which are offered by such new
products. It has not been possible to examine the growth
trends in many of these areas primarily because of lack of
data.
In general, a number of basic characteristics were noted
in the evaluation of the production movement of the selected
industries or products.
1. Some industries—such as cigarettes, electric power,
telephone service, and motor truck transportation—continue to be fast-growing over long periods and are only
moderately affected by business fluctuations.
2. Other industries show a very substantial response to
depression and recovery forces but, after allowance for the
influences of these forces, maintain a net upward growth.
Examples of these industries are washing machines, electric
ranges, aluminum, and paper.
3. Some other industries go through a period of very rapid
growth in their early stages of development, after which the
rise in production and demand moderates; in some of these
cases output may eventually stabilize or even decline. Examples of these latter industries are lumber and anthracite,
where the long-term trends have been downward since the
early twenties.
4. Many industries have been in production only in recent
years and, consequently, are still in the phase of very rapid
development.
Basis of classification
The selected industries have been classified in three broad
groups—fast-growing, moderately or slowly growing, and
declining, on the basis of their experience since 1940.
A lost industries have shown very substantial growth since
'940, but much of this growth has been associated with the
increase in total economic activity during this period. Consequently, in classifying the industries on the basis of their
rates of growth or decline, it was necessary to take account of
the effect of the growth of the total economy upon the trend
of the particular industry.
A number of methods can be used to derive the "true"
trend, but in the final analysis the particular method selected
must rest, to some degree, on judgment. The classification
shown in the list was based on the simplest possible approach
to determine the trend—namely, the average annual rate of
change from 1940 to 1951.
As already indicated, the total physical output of the
Nation increased in this period by an average rate of 5 percent per year. An arbitrary selection of the rapidly growing
industries was made by including in the first group of the list
only those items which had an average rate of increase of 7%
percent or more per year; in other words, those which had
increased by at least half again as much as total output over
this period.
The middle group includes a selection of moderately and
slowly growing industries—-those having an average annual
rate of increase from 0 to 7/2 percent. The lower group
includes industries showing actual declines in the period
selected.
Other methods of determining the trends and classifying
the items, such as by least squares trend analysis or by a
combination of trend and cyclical considerations, would produce different classifications. However, in any case, a majority of the items would fall within the groupings shown in the
table.
The table shows the actual production for the years 1940,
1948, 1951, and 1952 (preliminary); also presented is the
average annual rate of change for the period 1940 to 1951, A
typical representation of the variety of trends over this period
is portrayed in the chart.
New and old products show fast growth
The group of fast-growing industries includes 60-odd items.
The value of output of these goods and services, although the
list is incomplete, is large—over $40 billion in 1951, or four
times that of 1940.
Among the fast-growing industries are included both newlydeveloped industries of the past dozen years and the old ones
which are still rapidly expanding. These industries cover
all categories of durability—nondurables, durables, and
services. Such fast-growing products as television sets,
freezers, and clothes dryers are examples of consumer hard
goods. Antibiotics and frozen foods are typical of the consumer nondurable goods group. Diesel locomotives and
truck trailers are illustrative of producers' durables. Such
items as synthetic rubber and man-made fibers illustrate the
raw and semi-finished materials, while electric power and air
transportation exemplify the services.
Over one-third of the items in the fast-growing group are
new products; the remainder comprises old-established products which have continued to grow rapidly in the past decade.
For the 60-odd products which are included in the fastgrowing group, the weighted average increase has been 10
percent per year, with the rate of growth per year ranging
from 7/2 percent for washing machines to over 100 percent for
antibiotics.
No attempt is made here to forecast the course of the fastgrowing industries in the next several
years; nor has any
attempt been made to predict the newr markets which might
eventuate in the future as a result of new discoveries and
applications.
Other sectors in which rapid expansion is indicated—particularly those influenced by such factors as the increase in
the population and in the number of cars in use—are outside
the scope of this analysis. Such growth possibilities would
extend to the large demand for school teachers, schools, community facilities associated with growing suburban areas, and
the expansion of the Nation's highway system.
Relation of growth industries to cycle
Past experience has indicated that, in general, the output
of durable goods items has responded more markedly to
business fluctuations than that of nondurables and services.
For a comparatively new durable product, however, the
growth forces have usually been more dominant, and a severe
decline in business activity has tended to interrupt growth
only temporarily. Among the new nondurable goods and
services the growth has continued even under moderately
adverse general business conditions. Thus, a general business decline would affect the demand for the fast-growing
items in varying degrees, with the pattern of change being
more moderate than that of the old-established products.
It should be noted that in 1951 and continuing through
part of 1952, the output of some industries declined from
1950 even though total business activity continued upward.
This was particularly true of many of the consumer durable
products, including some relatively new items which had
been fast-growing in the prior years.
The 1951-52 reduced rates of output in these cases were
associated with a number of special and temporary developments which followed the outbreak of hostilities in Korea in
1950. Among numerous other factors, these included the
two buying waves following Korea; the imposition of credit
controls; the diversion of many resources for military use;
8
SURVEY OF CURRENT BUSINESS
and the uncertainties with respect to price movements
These factors had the effect of slowing down consumer pur
chases of many items relative to the level and direction o
income. In the last half of 1952 production of most of thes
items was moving upward again as a result of the gradua
wearing out of the effects of the buying waves and the mon
favorable development of the other factors.
Growth rates in output have
varied among the fast
growing industries
Since 1948 these industries have exceeded
their 1940-51 average rate of growth . . .
BILLION POUNDS
4.0
MILLION SHORT TONS
4.0J
FROZEN
3.0 -FOODS
PHOSPHORIC
Most industries grow moderately or slowly
BILLION TON-MILES
400
3.0 -ACID
MOTOR TRUCK
_
300 -TRANSPOR-
2.0
2.0
200
1.0
1.0
100
.8
.8
80
.6
.5
.6
.5
60
50
I III I I I I I II
,4
.4
TAT ION
1 I I I I I I I I I I I
40 I I I I I I I I I I I I
these have maintained the rate . .
MILLION SHORT TONS
1.5
BILLION KW-HRS.
BILLION PASSENGER-MI.
15
1500
ALUMINUM
ELECTRIC
POWER
1.0
1000 '
.8
800
.6
600
.5
500
,4
400
.3
300
,2
200
i M M I I I II I M I I
Of special interest is the impact of rapidly-growing products on the economy. As already indicated, the development
and marketing of these products involve considerable outlays
for new plant and equipment. In a special survey recently
conducted by the Department of Commerce, many companies indicated their intentions to add to capacity for their
production. While it is not possible to derive an OArer-all total
for the amount of such investment, nevertheless, such expansion would provide some offset to declines which may occur
elsewhere in the economy.
It should not be implied that the sales associated with
the fast-growing products represent in all cases a net addition to the total activity of the industry concerned. Some
of these products are directly competitive with established
products; man-made fibers are an example where not all of
the sales represent a net amount of new business for the
textile industry as a whole. Even in such cases the development of new products leads to additional investment in
plant and equipment. On the other hand, many new products marketed in recent years are not directly competitive
with old-established ones and hence provide a net addition.
mnlj I I I I I II M M
THOUSANDS
2000
4.0
RAYON AND
3.0 -ACETATE
NUMBER
4000
TRACTORS
3000
LOCOMOTIVES
(DIESEL
ELECTRIC)
2.0
Practically all of the moderately- or slowly-growing prod
ucts shown in the list—those which increased by less thar
7/2 percent—are old-established. These include a wide rang(
of goods and services with long established uses both foi
industrial and consumer purposes and comprise the majo]
output of American industry. Some of the products whicr
have grown at a slower rate than the national average growtl
are those which usually in the past have been relatively
insensitive to changes in aggregate demand. Examples oJ
these are salt, shoes, flour, soap, tobacco, and condensed
milk.
Even in this period of substantial general economic growth
of the past decade, the output of some industries and products has shown declining tendencies. The table lists 17 oi
these cases. There are a number of reasons for these declining
trends. Substitutions of products by more efficient, better
quality or cheaper items have been important considerations
in many cases; examples of these items are steam locomotives,
which have been mostly displaced by the diesels; anthracite,
which has been steadily losing out to competing fuels; and
soap, which has declined as a result of some considerable
replacement by the detergents. In other cases consumer
tastes have changed with consequent shifts to other products.
Thus, tastes have shifted from pipe smoking toward widu
use of cigarettes, with the result that a decline has taken
place in the output of manufactured tobacco.
Contribution to economic activity
while these have slowed down
BILLION POUNDS
January 195
1000
2000
500
1000
400
800
300
600
500
200
400
300
9 I I I I I I I I I I II I
1940
45
50
100
M II I I i I i I II
1940
45
50
Illustrations of Rapid Growth
200
1940
45
50
RATIO SCALES —
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
52-194
In view of the divergent characteristics of growth industries, it is of interest to examine a few cases briefly to bring
out the nature of the expansion and the problems involved.
January 1953
9
SURVEY OF CURRENT BUSINESS
Table 1.—Production Trends of Selected Industries and Products in the Period 1940 to 1951
Product or service
Unit
Average
annual
rate of
growth
1940- 1940
51, percent
1948
1951
1952
(preliminary)
Rapidly Growing Industries—Increases at an Average Annual Rate of 71/. Percent or
More
243
118.0 0)
113.2
980
690
71.0 0)
92
58
70.9
3 488
67.5
45.6
3 174
112
42.5
41.4
100 2,000
75
5
40.5
175
35.3 0)
675
30.1 0)
25.6 281 2,254
Antibiotics
Television sets
_
Freezers, farm and home
Dryers, clothes
._
__
Synthetic rubber, all types
Air ton-miles flown
Air conditioning units, room
Synthetic detergents (soap)
Man-madefibers,other than rayon_ .
Disposals, waste, food
Thous. Ibs
Thous .
Thous
Thous
Thous. Ig tons
Mil. ton-mi
Thous
_ .
1940=100
Mil. Ibs __
_
Thous
Blankets, electric
Locomotives, Diesel-electric, installations, Class I railroads.
Revenue passenger-miles flown
Plastics and resin materials
D ish washers
Magnesium
______
Concrete blocks
Frozen foods
Warm -air furnaces, oil and gas__
Nitric acid
._
_
Thous _ .
Units
Mil. Ibs
Thous
Thous. sh. tons__
Mil. blocks
Mil. Ibs
Thous
Thous. sh. tons__
23.8
21.8
21.4
18.5
18.2
17.5
17.5
15.7
Trailer coaches, housing type
Repairs, household durables
Ammonia, synthetic, anhydrous
Kitchen cabinets, steel
Acetic anhydride
Water heaters, electric and gas
Methanol, synthetic
Aluminum, primary, ingots. __
Chlorine gas _
_
Industrial trucks and tractors, electric.
Thous
1940=100
Thous. sh. tons-Thous ...
Mil. Ibs
Thous ._
Mil. gals
Thous. sh. tons-.
Thous. sh. tons.Units. _ _
15.7
15.7
15.7
14.7
14.2
13.7
13.7
13.6
13.2
12.9
1
277
0)
6
263
431
123
347
6
1,485
225
10
1,200
1,163
379
1,133
1,286
5.385
1,050
492
845
219
282
4,500
210
352
1,400
6,000
1,140
610
800
250
325
n. a.
272
275
776
830
3,100
11
2,431
260
41
1,650
13
3,490
2,544
725
1,498
85
67
319
100
497
358 1,090 1,772
3,236 2,672
0)
775
972
225
676 2,540 2,783
184
156
45
624
837
206
• 640 1,640 2,511
1,719 3,438 6,525
212
Hydrochloric acid
Canned juices, fruit
Phosphoric acid
|ieomargarine
Cleaning and dyeing
Ranges, electric
Gypsum board, including lath
Tractors, all types
Natural gas
Rayon and acetate
Thous. sh. tons
Mil. Ibs _
Thous. sh. tons
Mil. Ibs _ _
1940=100
Thous
_ __
Mil. sq. ft
Thous
Bil. cu. ft
Mil. Ibs
12.1 194 458 686
12.0 699 2,536 2,446
11.4
565 1,194 1,847
11.3 320 908 1,036
303
315
11.0
100
10.9 450 1,600 1,400
10.6 2,031 5,213 6,130
754
794
9.8 284
9.7 2,660 5,148 7,500
9.6 471 1,124 1,294
Acetic acid, synthetic and natural---.
Motor truck transportation
Oil burners, residential
Sodium hydroxide
Truck trailers
Softwood plywood
Calcium carbide
Shavers, electric
Fertilizers commercial
Mil. Ibs
Bil. ton-mi
Thous
Thous. sh. tons
Thous
Mil. sq. ft
Thous sh. tons
Thous
Mil sh tons
9.5 174 422 476
87
9.1
131
50
9.1 264 420 694
2,377
3,106
8.9 1,215
45
8.7
67
27
8.6 1,200 1,954 2,995
8.6 314 683 775
8.5 900 1,650 2,200
18
9
8.3
21
2,300
210
102
1,400
2,800
820
1,470
84
n. a.
2,025
2,970
698
2,680
152
940
2,580
7,200
660
2,000
2,027
1,230
322
1,060
5,600
600
8,100
1,140
372
142
770
3,020
70
3,000
680
2,550
23
Electric power, utilities and indus- Bil. KW-hr ___
8.2 180 337 432
463
trial.
Mil. sh. tons
Sulphuric acid
12
13
8.2
6
13
Telephone service
1940=100
8.2 100 198 238
257
Thous
Domestic water systems
8.2 259 659 617
660
Thous. sh. tons.
Calcined gypsum
7.7 3,305 6,249 7,477 6,800
Repairs, passenger cars and trucks. __ 1940=100
225
7.6 100 239
245
Bil
Cigarettes
7.6 189 387 419
439
Motor courts, rental units
7.6 100 190 225 n. a.
1940=100
Thous. sh. tons_
Asphalt
_
7.6 5,347 9,440 12, 055 12, 800
7.5 6,379 10, 779 13, 038 12, 300
Paperboard, incl. wet and building Thous. sh. tons.
board.
Thous
7.5 1,553 4,317 3,373 3,100
Washing machines
____ _
Moderately or Slowly Growing Industries—Increases of Less Than 7^> Percent
Shipping containers
Glass containers
Truck and bus tires
Clocks, electric. _ _
Bookpapers
Bath tubs
Acetysalicylic acid (aspirin) _ ___
Denatured alcohol
Vacuum cleaners
Tissue paper
Mil. sq. ft
Mil. gross
Mil
Thous
Thous. sh. tons..
Thous
Mil. Ibs
Mil. wine gal
Thous
Thous. sh. tons
7.3
36
63
78
7.3
55
99
118
7.3
8
15
18
7.1 3,600 9,995 7,500
7.1 1,655 3,151 3,530
7.0 973 1,947 2,051
7.0
6
11
13
6.7
134
167
273
6.7 1,341 3,361 2,729
6.6 734 1,188 1,482
Water closets
Waste paper
Sulphur, crude
Oak flooring
'Ipwood consumption
oement Portland
Woodpulp
Trucks and busses
Fuel oil, distilled and residual
Motor fuel
Thous
Thous. sh. tons__
Thous. Ig. tons..
Mil bd ft
Mil. cords
Mil barrels
Mil. sh. tons
Thous
__
Mil. barrels
Mil. barrels
6.4 2,036 3,408 4,025
6.3 4,700 7,600 9,100
6.2 2,732 4,869 5,278
6.2 511 832 987
6.2
27
14
21
6.0 130 205 246
9
17
6.0
13
5.9 755 1,376 1,430
5.9 500 847 945
5.8 617 922 1,140
Thous. Ig. tons..
Rubber consumption, all types
Fine papers
... Thous. sh. tons..
Mil. barrels
Kerosene
Mil. proof gal_ __
Ethyl alcohol
Thous
Lavatories
Thous
Kitchen sinks
__
225640°—53-
5.8 651
5.8 736
5.7
74
5.6
263
5.6 2 2, 068
5.6 21,206
Average
annual
rate of
growth 1940
194051, percent
Production
1,069 1,213
1,141 1,363
122
136
324
480
3,303 3,583
2,711 2,602
74
118
15
6,700
3,380
1,700
12
234
2,840
1,300
3,000
7,800
5,280
960
27
250
16
1,200
975
1,185
1,250
1,330
130
422
2,700
1,900
Product or service
Unit
Production
1948
1951
1952
(pre-
liminary)
Moderately or Slowly Growing Industries—Increases of Less Than 7H Percent—Con.
Mil sq
Mil
Mil. Ibs
Mil. Ibs.
59
33
5.6
60
5.4 1,115 1,837 2,012
5.3 407 672 720
5.3 1, 777 2,535 3,144
Ice cream
Vitrified clay sewer pipe
Cast iron pressure pipe and fittings __
Cast iron soil pipe and fittings
Revenue freight ton-miles
Canned vegetables
Lubricating oil
Salt
Crude petroleum
Soda ash
_-
Mil. Ibs
Thous. sh. tons..
Thous. sh. tons.,
Thous. sh. tons
Bil
Mil Ibs
Mil. barrels
Mil. sh. tons....
Mil. barrels
Thous. sh. tons..
5.2
5.2
5.2
5.1
5.0
5.0
4.8
4.8
4.7
4.7
1,495 2,651 2,613
961 1,496 1,675
845 1,150 1,475
688
397
641
375
642
641
3,066 4,575 5,094
2,280
4,250
Fans, electric
Fermented malt liquors
Toasters electric
Ir oners electric
Brick, unglazed
Refrigerators electric
Steel ingots and steel for castings
Newsprint consumption
_ _ __
Heating pads, electric
Automotive replacement batteries. .
Thous
Mil. barrels
Thous
Thous
Mil. std. brick..
Thous
Mil. sh. tons
Thous. sh. tons..
Thous
Mil
4.6
4.5
4.4
4.3
4.3
4.2
4.2
4.2
4.1
4.0
1,789 3,795 3,225
89
55
91
2,885
284
4,079 5,842 6,471
208
Heating stoves domestic
Railroad freight cars, total
Coffee makers electric
Zinc new supply
Cheese
Irons electric
Revenue passenger miles
Passenger automobiles
Coarse papers
Wire nails and staples
Thous
Thous
Thous
Thous sh. tons..
Mil. Ibs
Thous
Bil
Thous
Thous. sh. tonsThous sh. tons
4.0 22,583
64
3.8
3.8 1,873
3.7 685
3.6 785
3 5 5,171
3.5
24
3.4 3,717
3.4 2,501
2.8 641
Cooking stoves gas
Coats, women's, misses' and juniors'.
Passenger car tires
Lard
Beef
Raw cotton consumption
Turpentine
Ethyl acetate
Rosin
Dresses, women's, misses' and juniors'.
Lumber total
Condensed and evaporated milk
Wool, raw, apparel and carpet consumption.
Structural tile
_
Bituminous coal
Shoes and slippers
Pork, excluding lard___
Hosiery all types
Thous
Mil
Mil
Mil. Ibs
Mil. Ibs
Mil Ibs
Thous. barrels _ _
Mil. Ibs.
Thous. drums
Mil
_ .
Bil. bd. feet
Mil. Ibs
Mil. Ibs
2.8
2.7
2.3
2.1
2.0
1.9
1.9
1.8
1.8
1.7
1.7
Thous. sh. tonsMil sh tons
Mil. pr
Mil. Ibs .
Mil. doz. pr.
.5 1,035 1,263 1,217
980
.4
534
461
460
600
.4
404
470
508
462
.3 10, 044 10, 255 11, 483 11, 300
1.3
135
155
163
147
Asphalt prepared, roofing
Lamps electric all types
Industrial explosives
Canned fruits
4,523 5,767 7,770
62
37
51
16
18
10
1,353 2,020 2,245
2,307 4,850 3,725
176
477
2,600 4,766 4,075
105
89
2,856 4,010 4,511
932 1,600 1,450
14
22
25
67
60
1,838
722
2,800
2,700
1,630
1,100
670
610
6,400
57
n. a.
90
2,992
5,800
3,570
93
4,560
1,500
22
5,227 4,183
3,900
2,700 2,825
3,000
7,360 7,585
1,060
1,185
6,135
35
115
96
881 1,020
1,097 1,161
41
35
860
865
77
3,909 5,337
3,027 3,597
4,350
1,742 2,750 2,356
217
24
26
66
51
67
1,288 2,321 2,864
7,175 9,075 8,843
3,959 4,463 4,851
566
660
697
92
75
67
1,717 2,096 2,090
2194
239
227
31
37
37
2,731 3,821 3,231
408
479
693
2,200
3,210
675
25
73
2,820
9,600
4,460
604
72
1,770
250
37
2,988
460
Mil. barrels
1.2
103
142
117
Flour, wheat
Sugar, total
Thous sh. tons._
.9 6,965 6,971 7,685
Newsprint production
Thous. sh. tons.9 1,013
867 1,125
Mil Ibs
.8
Glycerine refined
71
86
77
Units
.8
285
Railroad passenger cars
946
311
Mil. sq. yds
.8
55
Carpets and rugs, wool type
89
61
Mil. Ibs
981 1,423 1,061
.7
Veal
Mil
.6
12
13
Radios
17
.4 1,382 1,357 1,445
Copper refined, new supply
Thous. sh. tons
Bil
.3
5
6
6
Cigars
Industries Showing Declining Trends
1,145
82
118
63
1,100
10
1,500
6
—0.2 2 5,644
6,194 5,540
—1.9 2 25
20
24
5 200
19
-6.0
868
536
431
-6.3
6
3
3
—6.8 4 341 2 366 2 010
8
6
—10.3
20
280
3
2 272
1
Overcoats and topcoats, men's
Suits men's
Soap excl synthetic detergents
Anthracite
...
Cast-iron boilers
Manufactured tobacco- _ _
Creamery butter
Lamb and mutton
Hand and windmill pumps _ __
Radiators and convectors
Thous
Mil
1940=100
Mil sh. tons
Mil Ibs
Mil. Ibs
Mil. Ibs
Mil. Ibs
Thous
Mil sq ft
Range boilers . _
_
Wood shingles
Methanol, natural
Locomotives, electric, installations,
Class I Rys.
Mechanical stokers
Silk, consumption
Locomotives, steam, installations,
Class I Rys.
Thous
Mil. sqs
Thous. gal
Units
Thous
Mil. Ibs _
Units
—2 0
100
81
108
—2.0
52
42
57
—2 7
283
263
210
344
—3.8
245
226
—3.8 2,240 1 513 1 475
-4.6
876
522
747
—4.8
421
457
246
—5 2
77
43
60
_
—15 5
—15.8
—15.8
153
48
120
86
7
86
24
7
18
116
7,850
n a
39
214
223
1 400
600
240
37
23
g
18
n. a. Not available.
1. Production was relatively small: annual rate of growth covers the postwar years.
2. Production data for trailer coaches, heating stoves and wearing apparel except hosiery and
footwear are for 1939: for lavatories, 1941: and for kitchen sinks, 1937. Rate of growth for these
items is based on years indicated.
Source: U. S. Department of Commerce, Office of Business Economics, based upon basic
data obtained from private and Government sources.
10
SURVEY OF CURRENT BUSINESS
January 1953
Chemicals generally rapidly growing
Air transportation
The output of the chemical industry has risen continuously since the early twenties. Since 1929 production has
grown at an average rate of 10 percent a year. The only
significant exception to the upward trend was from 1930 to
1932, and even then the decline was much less than in other
segments, and the recovery more rapid. Its greatest period
of expansion occurred during and following the last war when
the special demands called for the development of entirely
new products and greatly increased output of regular line
items. These favorable trends are still continuing.
Both of the major segments of the chemical industry—
organic and inorganic chemicals—have participated in the
rapid expansion of output in the past 25 years. The organic
group, where the development of new products has been
especially noteworthy, has shown a rate of growth of output
of 12 percent a year, as compared with 6 percent for inorganics.
Much of the growth of the industry has been due to the
development of new products, such as plastics, synthetic
fibers, detergents, and antibiotics. Many well-established
basic chemicals, including sulphur, phosphates, and acids,
have also expanded but at a slower rate than the new lines.
Because in many cases new chemicals were cheaper, or more
suioable, or of better quality, they have replaced other
products in many manufacturing processes. Plastics, for
example, are now being used as an alternative to metals
and wood in many items. Synthetic fibers—first rayon and
acetate and more recently nylon, orlon, dacron, dynel, and
vicara, and others which had barely dented the textile
market a decade ago—are now supplementing the natural
fibers.
These dynamic developments are being accompanied by
large expansion programs to increase the capacity to produce various types of chemicals. Expansion goals have
been announced by the Defense Production Administration
for 43 important chemical materials. The total capital
expansion program scheduled for completion within the next
several years is expected to increase the output of the
industry by more than 50 percent over that of the early
part of 1951.
Although small, the air transportation industry has
grown at an average annual rate of nearly 25 percent pelyear in the past decade. Accompanying this growth has
been the expansion of operating facilities of the scheduled
airlines. In a recent report the Civil Aeronautics Administration estimated that airline passenger traffic will reach
40 million airline passengers by 1960, or about two-thirds
again as large as the 1952 volume. This in turn will involve
the construction of additional planes and airports and will
provide air service to an increasing number of communities.
Electric power also growing rapidly
Electric power output has been growing three times as fast
as the average for all industries, or close to 10 percent
annually since 1900. This is a case where the growth has
been persistent. Since 1940 it has been stimulated by the
rapid growth of atomic energy and the marked expansion of
aluminum production, both requiring large amounts of
electric power.
Keeping pace with the strong demand for power is the
capital investment in new plant and equipment. Since the
end of the war, private utility companies have spent more
than $10 billion for the construction of new facilities. Present
plans call for an additional expenditure of $8 billion to
boost 1954 generating capacity by nearly a third over 1951.
Varying patterns in the textile industry
In contrast to the foregoing industries which have shown
general growth in total and in the most of their segments
the textile industry illustrates the case where total production
has been relatively stable but important new segments
within the industry have grown rapidly. These new segments comprise the man-made fibers which compete directly
with cotton (still by far the largest in volume), wool, and
silk. As a result, consumption of the last three fibers has
declined relative to the total.
In the postwar years total fiber consumption has been
maintained largely as a result of the expansion in the use
of the synthetic fibers. These now account for more than
a fifth of total consumption.
Strong demand for new household durables
Included in the table of fast-growing industries are fifteen
household durable goods. Some of these —washing machines,
electric ranges, water heaters, and oil burners—were well
established lines before World War II. Others were introduced just prior to the war when production was discontinued, so that all of their growth occurred in the postwar
years.
Heading the list of fast-growing household durables is
television. This industry accounted for nearly two-fifths
of the factory value of shipments in 1951 for the household
durables included in the table. The prospects for a continued high growth rate are clearly indicated when it is
realized that the 108 sending stations now in operation
serve only about one-half of the Nation's total population.
The lifting of the television station freeze by the Federal
Communications Commission in April 1952 will clear the
way for the eventual construction of many new stations
which will ultimately make television programs available
on a Nation-wide basis.
Part of the high demand for household equipment is, of
course, attributable to the high level of construction since
the war. Warm-air furnaces and some other types of
household equipment have thus been influenced by this
factor as well as by the rising purchasing power which was
a major factor in the increase in the general line of consumers' durable goods.
SURVEY OF CUEEENT BUSINESS
January 1953
11
by Karl O. Nygaard
State and Local Government
Receipt and Expenditure Programs
local governments, in rendering a host of vital
services, exercise important direct and indirect influences
upon economic activity. In 1952, the more than 119,000
such governments spent $26 billion, an amount as large as
fixed capital outlays of nonfarm business and larger than
Federal nondefense expenditures.
A growing popular concern about the condition of the
Nation's schools, highways, and institutions is directing
State and Local
Government Purchases
The State and local government account
Exclusive of war and depression periods,
REAL per capita purchases have shown
a long-term upward trend . . .
175
150
125
O
O
100
75
50
25
I I I I I I I I I I I I I I I II t I II II I II M I I I I I I I I I I I I I I
while as a percent of the Nation's output,
purchases have moved within a narrow margin
20
15
z
I
UJ
I0
I M I I M I M M I II I I M I I I M II I I I I M I I I I M I I I I
1910
1915
1920
1925
1930
1935
1940
. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
increased attention to the taxation and expenditure programs
and the financial position of these governments. The extent
to which improvements in facilities are possible and might be
provided within existing financial limitations is discussed
in the Commerce Department's new report, Markets after the
Defense Expansion. The purpose of this article is to review
past receipts and expenditures and to throw some light on
the prospective fiscal and financial position of State and local
governments as a whole.
1945
1950
52~I89
It is convenient to analyze the fiscal position of State and
local governments as a whole in terms of the consolidated
expenditure and receipt estimates included in the national
income and product account. These estimates, presented
in table 1, are based primarily upon comprehensive data
from the 1942 Census of Governments and Census data from
the annual summaries of city and State finances. In table 1,
governmental revenues are presented on an accrual basis.
Purchases of goods and services account for the bulk of the
expenditure total and include the capital formation of government enterprises. Sales and current expenses of government enterprises are excluded from the table, but their
current surplus (excess of operating revenues over operating
outlays) is shown as a deduction from expenditures. Thus,
the deficit or surplus presents a substantially complete
fiscal picture for all State and local government activities
including general government, government enterprises, and
trust funds.
Although a functional classification of purchases of goods
and services is not possible on the basis of available data,
the relative importance of the two largest categories may be
indicated. Of the more than $23 billion of goods and services
purchased by State and local governments during 1952, about
three-tenths were for public education purposes and one-fifth
for streets and roads.
A more complete breakdown is shown for State governments and cities over 25,000 population in the annual
Census reports for these units. With respect to levels of
government, purchases by States account for roughly onethird of the total.
Expenditure Programs
State and local government expenditures have more than
tripled since 1929 with most of the rise occurring in the postwar years (see chart). Although transfer payments, including veterans' bonuses, have contributed to the increase, the
bulk of it went for purchases of goods and services. In
1952, State and local purchases reached their largest annual
NOTE.-MR. NYGAARD IS A MEMBER OF THE NATIONAL ECONOMICS
DIVISION, OFFICE OF BUSINESS ECONOMICS.
SUKVEY OF CUEKENT BUSINESS
12
total to date in terms of either current or constant dollars.
When adjusted for price increases since 1929, purchases
rose three-fifths.
Real per capita outlays
Real per capita State and local purchases increased at an
average annual rate more than double that for real per capita
national product in the two decades preceding the depression.
Real per capita purchases by State and local governments fell
sharply during the depression and World War II so that their
present level is only slightly above that for either the early
1930's or the years just prior to World War II, despite a threefifths increase since 1945. For the past 40 years as a whole
real per capita purchases by State and local governments have
increased at an average annual rate of almost 2 percent, only
slightly above the average rate of growth in real per capita
gross national product.
The 1952 rate of real per capita construction outlay by
State and local governments, though five times that in 1945,
was only slightly above that of 1939.
The proportion of gross national product purchased by
State and local governments has shown no consistent longterm trends. During the past four decades, the State and
local share of national product has averaged slightly more
than 7 percent. This percentage was considerably higher
during both the 1920's and the 1930's. During the decade
prior to World War II, State and local governments purchased
on the average more than one-tenth of the gross national
product. However, in the war period, this percentage was
reduced by more than half and despite its subsequent recovery still remains substantially below the 1920's, the 1930's,
or even the 40-year period as a whole.
January 1953
total State and local government expenditures may be traced
to the fall in construction outlays.
During the postwar period, the rise in new construction has
been rapid. The large backlog of projects deferred during
the war and the favorable financial condition of State anc^
local governments were important factors in the increase in
new construction from less than $1 billion in 1945 to more
than $6K billion in 1952. This figure, by way of comparison,
substantially exceeded the value of all private industrial and
commercial construction put in place last year.
Higher construction costs have, of course, been an important factor in the rise in current dollar outlays. Although the
Table 2.^Major State and Local Government Revenue Sources as
a Percent of Total Tax and Nontax Receipts, Selected Years
1929-51
[Percent]
Calendar years
1929
1933
1937
1941
1945
1949
Property taxes
__ 62.0
Individual income and corporate profits tax
accruals. _
__ _ 3.7
General sales taxes
5.4
Gasoline taxes
57.1
47.2
44.3
41.3
35.0
33.7
1.8
.9
7.3
4.1
4.9
8.2
4.9
6.0
9.2
7.2
7.0
6.7
6.5
8.2
7.4
7.2
8.9
7.6
Liquor and tobacco taxes
Federal grants-in-aid._
Contributions for social insurance
Other
.8
7.0
2.4
22.7
2.5
8.4
2.5
22.2
3.5
7.8
2.7
21.6
4.5
7.5
3.3
22.5
4.2
11.4
4.1
23.2
4.1
10.3
4.6
23.6
100.0 100.0 100.0 100.0 100.0 100.0
100.0
Total
__
1.6
1.6
25.7
1951
Source: U. S. Department of Commerce, Office of Business Economics.
physical volume put in place increased annually in the postwar period, the 1952 total was roughly one-third above that
in either 1939 or 1929.
New construction up sharply since 1945
Steady rise in current operation purchases
State and local outlays for new construction are much more
volatile than their other purchases of goods and services and,
as the chart shows, have fluctuated considerably in the past.
After expanding to an annual rate of more than $2.5 billion
in the early 1930's—in part a carryover of the building boom
State and local expenditures for current operation, including employee compensation and the bulk of other purchases
except outlays for new construction, have shown an almost
steady rise since 1929, and presently account for about
two-thirds of total purchases. These purchases in terms of
constant dollars have not declined significantly even during
periods of national emergency such as the great depression
and World War II.
Since the end of the war, State and local government
employment has increased by about 1 million to almost 3%
million in 1952, with both school and nonschool employment
sharing in the increase. In the same period, average annual
earnings have risen by more than 50 percent. As a result
of these two factors, employee compensation has more than
doubled since 1945, to the present annual rate of about
$12 billion. Purchases for other current operating purposes
have moved similarly to pay rolls and last year amounted
to about $4.7 billion.
Table 1.—State and Local Government Receipts and Expenditures
in the Income and Product Account
[Billions of dollars]
Calendar years
1946
1947
1948
1949
1950
1951 1952 p
Receipts
13.2
Personal tax and nontax receipts
1.6
.5
Corporate profits tax accruals
Indirect business tax and nontax accruals. 9.5
.5
Contributions for social insurance
1.1
Federal grants-in-aid
15.6
1.9
.6
10.8
.6
1.7
17.8
2.1
.7
12.3
.7
2.0
19.6
2.5
.6
13.5
.8
2.2
21.5
2.7
.8
14.7
.9
2.3
23.1
3.0
.9
15.8
1.1
2.4
24.4
3.3
.8
16.7
1.1
2.4
Expenditures _
Purchases of goods and services. .
Transfer payments
Net interest paid
Less: Current surplus of Government
enterprises
11.2
10.0
1.6
.3
14.7
12.8
2.2
.3
18.1
15.6
2.9
.3
20.6
18.2
2.9
.3
22.7
19.7
3.4
.3
24.1
21.7
2.9
.3
26.0
23.4
3.0
.4
.7
.6
.7
.8
.7
.8
.8
2.0
.9
-.3 -1.0 -1.2 -1.0
-1.5
Surplus or deficit ( — )
p=Preliminary.
NOTE.—Detail will not necessarily add to totals due to rounding.
Source: U. S. Department of Commerce, Office of Business Economics.
of the previous decade—outlays were drastically suppressed
during the following depression years. During World War II
the overriding needs of the Federal Government resulted in a
reduction of capital outlays to a level consistent with only the
most critical needs. In both these periods, the decline in
Highway and school programs
During at least the next few years, further increases in
real per capita purchases may be expected. The American
Association of Highway Officials has estimated that it would
cost over $30 billion to bring the various Federal-aid systems
to a condition of adequacy; a large additional expenditure
would be required to improve non-Federal roads and street!
A recent survey of public school facilities estimated school
construction needs to be of the magnitude of $10 billion.
The need for improvement of hospitals and other institutions has likewise been reported to be extensive.
Staffing, operating, and maintaining needed new facilities
January 1953
SURVEY OF CURRENT BUSINESS
implies higher employment and operating expenses—as well
as problems in recruiting teaching, health, and other
specialized personnel.
Despite the rise in new construction during the postwar
period, only recently have outlays come to exceed the
amounts necessary to meet newly-arising requirements for
facilities, and thus to allow for improving the relationship
between existing facilities and requirements. The problem
of acting on deferred requirements is essentially one of finance.
State and Local Government Receipts
In 1952, State and local governments received revenues in
excess of $24 billion, including $2.4 billion in Federal grantsin-aid. State and local new long-term debt flotations
amounted to more than $4 billion, with most of this amount
going for new construction.
Unlike the Federal tax structure, which is based largely
on individual and corporate income taxes, State and local
governments depend upon indirect taxes to provide the
greater part of their revenues. Counting miscellaneous
nontax revenues from business, this category, which includes
the general and selected sales taxes and the bulk of property
tax collections, accounted for more than two-thirds of total
revenues last year.
Personal taxes and nontaxes yielded only slightly more
than one-eighth of the total receipts, with individual income
taxes amounting to less than $1 billion. Federal grants-inaid—the largest part of which are for Federal-aid highway
construction and public assistance purposes—have remained
quite stable since the middle thirties and account for about
one-tenth of total receipts. The remainder is accounted for
by contributions to social insurance, chiefly retirement funds
for State and local government employees.
Receipts relative to national output
Measured as a percent of the Nation's total output of
goods and services, the present burden of State and local
taxes is low compared with that during the 1930's when
State and local government receipts were equivalent to more
than one-tenth of gross national product. This fraction
declined considerably during the war years, and since 1946
has been relatively stable at around 7 percent of national
product. However, with the sharp rise in Federal taxation,
total tax and nontax receipts of all governments in 1952 were
equivalent to more than one-fourth of national output as
compared with an average of close to 16 percent during the
1930's.
13
time lag. In many communities, assessed valuations lag far
behind market values so that with rising prices the effective
tax rate declines. Present legal restrictions on tax rates not
only vary considerably from State to State, but apply unequally within these political units.
State and Local Government Receipts
and Expenditures on Income and
Product Account
Although receipts have risen sharply since 1945 .. .
BILLIONS OF DOLLARS
30
OTHER TAX AND
NONTAX RECEIPTS
FED. GRANTS-IN-AID
25
INCOME TAXES
»
TOTAL
RECEIPTS
SALES TAXES
20
PROPERTY TAXES
15
10
ft! I i ...I f
the rise in expenditures has been even more rapid
30
TRANSFERS, INTEREST,
I OPERATING PURCHASES
TOTAL
f'EXPENDITURES
j|:|:j| NEW CONSTRUCTION
EMPLOYEE COMPENSATION J
2O
15
Effect of price changes lagged
Although State and local government receipts have almost
doubled since the end of World War II, expenditures have
risen even more rapidly. This situation may be traced in
part to the nature of the over-all tax structure of State and
local governments. While purchases of goods and services
promptly reflect price changes in the private economy, this
is true to a much lesser extent on the receipts side of the
State and local government account. This important difference may be seen by examining the tax bases of the major
revenue sources.
Despite its steady decline in relative importance as a
revenue producer, the property tax continues to be the most
important single source of State and local government receipts (see table 2). While only a few State governments
still derive a significant part of their total receipts from the
general property tax, it provides more than one-half of local
government receipts.
The property tax base responds to changes in business
conditions, and hence price levels, only after a considerable
10
•
1930
1935
1940
•
1945
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
1950
52-I8B
This property tax situation has had an important bearing
on State and local government expenditures. Although
States have been providing an increasing proportion of the
total cost of public education, the public school system still
remains primarily a local responsibility so that the general
property tax has continued and is likely to continue to be
the major source of funds for public school capital outlays.
Thus, the effectiveness of the property tax represents one
SUEVEY OF CURRENT BUSINESS
14
of the factors in the present condition of the public school
plant.
With respect to the other major tax bases, only the general
sales tax, the individual and corporate income taxes, and
contributions for social insurance expand at rates comparable
to that of the value of the gross national product. However,
currently these relatively new sources of revenue together
account for only one-fifth of total State and local government
receipts.
Other revenue bases—including the property tax—which
account for about four-fifths of total receipts either are little
affected by price changes or respond to them after a considerable time lag. In the case of the special excise taxes on
gasoline, liquor, and tobacco, the tax base usually expands
or contracts according to changes in volume rather than price.
Although this aspect contributes to the relative stability of
State and local receipts, particularly in time of a business
downturn, the effective tax rate is reduced whenever prices
increase.
January 1953
and expenditures, consolidating units with surpluses and
those with deficits.
Due to their relative stability, State and local government
receipts were sufficient to match both the current and capital
expenditures of these governments for the period of th(t
1930's as a whole, despite deficits in particular years and the
financial hardships endured by many political units.
During the war and early postwar periods, the situation
was particularly favorable from the fiscal standpoint. As
a result of the suppression of purchases, the relatively stable
State and local tax structure produced large annual surpluses
from 1940 through 1947. In fact, the cumulated net surplus
during this period amounted to more than $14 billion.
Since 1948, however, revenues have not kept pace with
expenditures; deficits of about $1 billion have been incurred
each year. As indicated earlier, this abrupt shift in the fiscal
situation was the result of a combination of factors—including
the extent to which price changes in the private economy
affected receipts and expenditures differently, and the large
increases in capital outlays for new construction.
Deficits and Surpluses
The State and local government deficit or surplus in the
income and product account reflects the fiscal situation of
these governments only with respect to aggregate receipts
Debt and Liquid Assets
The large surplus accumulated during the 1940-47 period
not only permitted reductions in State and local debt, but
State and Local Government Debt
Despite increases in State
40 — and local gross debt in
recent years
the burden of the debt has decreased
/o — as measured either by per capita
interest charges » * *
*^tr
»,fc«.*lhi
Jfcip;
fe^
—
fat
Ws4
Si^S
:U&Bte
»
«!&•&% *•
1930
35
40
JUNE 30
ESMwit;
1932
45
EACH YEAR
m
Mi
m&$
&£$?(
:*#<-
W
^¥M
^
= &£*£
1942
"4^T
1952
CALE NOAR Y EARS
or by interest paid as a percent
2O — of total receipts . . .
to*
resulting in part from the declining
trend in average interest rates
I
I
105—
1932
1942
1952
CALENDAR YEARS
€/. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
193O
35
4O
JUNE 30
45
50
EACH YEAR
52-187
SURVEY OF CUERENT BUSINESS
January 1953
also resulted in the establishment of capital improvement
funds to provide for necessary construction which had long
been deferred. State and local gross debt, the bulk of which
had been incurred during the 1920's in connection with school
and road construction programs, remained relatively unchanged during the 1930's. However, after 1940, retireTable 3.—State and Local Government Debt
[Billions of dollars]
Net debt i
Gross debt
As of June 30
Total
1939
1940
1941
1942
1943 -.
1944 .
1945
1946
1947
1948
-_ _
.
1949
1950
1951
1952
„
State
Local
Total
State
Local
20.0
20.2
20.2
19.7
18.7
3.3
3.5
3.4
3.2
2.9
16.7
16.7
16.8
16.5
15.8
16.3
16.5
16.3
15.8
14.9
2.0
2.1
1.9
1. 7
1.3
14.3
14.4
14.5
14.2
13.5
17.5
16.6
15.9
16.8
18.7
2.8
2.4
2.4
3.0
3.7
14.7
14.2
13.6
13.8
15.0
14.1
13.7
13.6
14.4
16.2
1.4
1.4
1.6
2.2
2.9
12.7
12.3
12.0
12.2
13.4
20 9
24.2
27.0
29.6
4.0
5.4
6.4
7.0
16.9
18.8
20.7
22.6
18.1
20.7
23.3
25.8
3.1
4.0
4.9
5.6
15.1
16.8
18.5
20.2
1. Gross debt less State and local securities held by State and local governments.
Source: U. S. Department of Commerce, Bureau of the Census and Office of Business
Economics.
ments exceeded new borrowings in every year through 1946,
reducing the gross debt outstanding by more than $4 billion
during these six years. Local governments accounted for
about three-fourths of this total reduction, as table 3 shows.
Debt up sharply since 1946
Since State and local government borrowings generally
precede the expenditure of these funds, gross debt commenced
to increase prior to the change in the fiscal situation as reflected in the income and product account. In the six years
since 1946, gross State and local government debt has
increased by close to $14 billion to almost double the amount
outstanding in that year. New long-term issues during this
period exceeded $20 billion.
15
million of additional toll bonds were sold during 1952.
Revenue bonds and limited obligation bonds accounted for
almost all of the rise in State highway debt. In addition,
local governments have issued more than $150 million of
toll-revenue bonds for highway purposes during the past 7
years. Increased interest in revenue bonds to finance
parking centers in large cities may accelerate this trend.
The gathering momentum of the toll road movement is
further illustrated by the fact that as of June 1952, there
were in existence only slightly more than 600 miles of modern
toll roads built at an estimated cost of $.6 billion. The construction of an additional 1,000 miles estimated to cost more
than $1 billion was then either under way or authorized. At
the same time, other toll road proposals involving possible
outlays of several billion dollars were receiving active consideration.
Liquid assets rise fivefold since 1940
Although the necessary data are not available to show total
liquid assets of State and local governments, the magnitude
involved is indicated by the sum of their holdings of U. S.
securities and cash in banks, which accounts for the bulk of
the total. State and local securities held by State and local
governments are not included with liquid assets since they are
netted out of gross debt.
As a result of the favorable fiscal situation during most of
the 1940's, the increased holdings of sinking funds, and the
net surpluses realized by the expanding trust funds, State
and local government bank deposits and holdings of U. S.
securities rose from about $4 billion in 1940 to almost $21
billion as of June 30, 1952 (see table 4). These figures do
not include the deposits of States, currently amounting to
more than $8 billion, with the U. S. Treasury in connection
with the unemployment compensation program. While it is
not possible to segregate State liquid asset holdings from
those of local governments except in 1951, available data
Table 4.—Major Cash and Security Holdings of State and Local
Governments 1
[Billions of dollars]
Liquid assets
Nonguaranteed debt up sharply
One of the important factors in this $14 billion rise in gross
debt has been the increasing popularity of the toll revenue
and limited obligation bond method of financing. While
revenue bonds have long been used throughout the country
to finance municipally owned utilities, the widespread
interest in them as a means to finance highway construction
is a more recent development.
Revenue bonds are secured entirely by the receipts of
various government enterprises, whereas limited obligation
bonds are secured by the pledge of collections from particular
taxes. In either case, the bonds are not backed by the full
faith and credit of State and local governments and have
usually been marketed only at appreciably higher rates oi
interest.
The nonguaranteed portion of gross State and local debt
has more than doubled since 1945 to about $5 billion in
June 1952. It has also increased in relative importance,
presently accounting for more than one-sixth of the total.
This increase is attributable in part to the amount of toll road
and bridge bonds which were issued in this period.
The Bureau of Public Roads reports that toll bridge bonds
and toll road bonds accounted for more than two-thirds of
the $800 million rise in outstanding State highway obligations
between December 1945 and December 1951. Almost $700
Total
As of June 30
1939
1940
1941
1942.
1943
1944...
1945
1946
1947. .
1948
1949. .
1950
1951
1952. .
_
.
_. _
Bank deposits
U. S. securities
held
Demand Time
Liquid
State and
assets as a local
percent of rities secuheld 2
net debt
4.2
4.1
4.7
5.2
6.2
0.4
.4
.6
.9
1.5
3.2
3.2
3.6
3.8
4.3
0.6
.5
.5
.5
.4
26
25
29
33
42
3.7
3.8
3.9
3.8
3.8
8.3
10.7
13.1
14.1
16.3
3.2
5.3
6.5
7.1
7.8
4.6
4.8
5.8
6.1
7.3
.5
.6
.8
.9
1.2
59
78
96
98
100
3.4
2.9
2.3
2.4
2.5
17.0
18.3
19.5
20.9
8.0
8.7
9.4
10.3
7.6
8.1
8.5
8.9
1.4
1.5
1.6
1.7
94
88
84
81
2.7
3.5
3.7
3.9
1. Excludes deposits of States with U. S. Treasury.
2. State and local securities held by State and local governments are excluded from liquid
assets since these securities represent the duplicating portion of gross debt.
Source: U. S. Department of Commerce, Office of Business Economics, based largely on
data from the U. S. Department of the Treasury, Federal Deposit Insurance Corporation, and
Comptroller of the Currency.
suggest that States experienced the largest relative increase
in their holdings. According to the Census Bureau, total
cash and security holdings of States, excluding deposits with
the U. S. Treasurv, amounted to more than $12 billion in
1951.
16
SURVEY OF CURRENT BUSINESS
Although only a small part of the $21 billion total is held
by sinking funds as offsets to long-term debt, a comparison
of the current ratio of liquid assets to net debt with that
in past years suggests the improved financial condition of
State and local governments. Despite some decline in this
ratio in recent years, State and local government holdings of
United States securities and cash in banks in June 1952 were
much larger with respect to their outstanding net debt and
operating expenses than in the prewar period.
A large part of these holdings is owned by State and local
employee retirement funds and various other sinking and
trust funds, and hence is not available for expenditure for
general government purposes. However, it would appear
from Census reports on the cash and security holdings of
States and cities over 25,000 that probably close to one-half
of the total remains after deducting offsets to long-term debt
and holdings of insurance and employee retirement trust
funds. At the close of fiscal year 1951, State governments
alone held $7 billion of assets after these deductions. Although working capital requirements and other encumbrances account for part of those liquid assets which are
neither in the form of offsets to debt nor held by trust funds,
the magnitude of the total suggests that a considerable sum
remains available to finance future current and capital
outlays
These cash and security holdings are of significance from
the standpoint of monetary and fiscal policy. Since they
represent an important part of the total money supply, large
shifts as between the various types of assets could have
January 1953
marked economic consequences. In addition, the mere existence of assets of this magnitude would tend to reduce the
dependence of State and local governments upon the market
for new long-term capital in the event of a serious economic
decline.
Data showing annual debt retirements, including sinking
fund requirements, are not available; the trend of the burden
of debt servicing can be shown only in terms of the interest
charges. It does appear, however, that State and local debt
retirement requirements have been relatively stable.
As the chart indicates, total interest charges have declined
relative to either State and local receipts or population during
the past two decades. With the relative decline in interest
charges as compared with receipts, a decreasing share of
revenues has had to be devoted to this purpose. This downward trend has continued, though at a slackened rate, despite
the large increases in outstanding debt in recent years. One
of the factors in the relative decline in interest charges—
falling average interest rates—may work in the opposite
direction in the future. At present it appears that new capital may be available only at somewhat higher interest rates.
The improvement of the Nation's schools, highways and
other State and local government institutions is essentially
a problem of finance. In view of the over-all financial position of State and local governments, it would appear that
debt creation could provide at least part of the necessary
funds but this may raise problems with respect to legislative
and constitutional limitations on further debt and tax increases.
The Business Situation
(Continued from p.
was equal to approximately 11.7 percent of total consumer
expenditures and that repayment of installment debt was
about 9.5 percent of disposable income.
Consumers satisfied their needs by the use of installment
credit to a greater degree in 1952 than in any recent year and
also more than in the years immediately preceding World
War II. As a corollary to this freer use of credit, installment
debt repayment absorbed a higher fraction of disposable
personal income in 1952 than in any recent year.
Effect of changing composition of purchases
A part of the postwar growth of consumer credit is accounted for by the expanding sales of goods customarily
sold on installment credit. These are largely durable goods,
with automotive products giving rise to the largest volume
of credit and furniture and other household equipment next
in importance. The accompanying chart shows the contribution of the various types of goods to installment sale credit
outstanding. Whereas in 1945, as a result of wartime conditions, purchases of consumer durables accounted for 6.9
percent of total consumer outlays, in recent years the proportion of durables has averaged nearly double that amount;
the proportion spent for automobiles and parts shifted from
less than 1 percent in 1945 to slightly less than 5 percent in
1952.
Liberalization of terms
An important part of the postwar growth of consumer
credit is ascribable to the liberalization of credit terms. The
size of the down payment is a major factor governing the
amount of credit extended while the total amount outstanding is determined, in addition to the size of the down payment, by the length of time permitted for repayment.
On all three occasions since the end of World War II when
consumer credit controls have been suspended, progressively
more liberal credit terms than those permitted by Regulation
W have been granted by merchants under pressure of competition. On each occasion, the volume of credit outstanding has grown rapidly under this stimulus to buying. In the
most recent of these three periods, running since last May 7,
there has been the usual reduction in down payments and
lengthening of repayment periods. On automobiles, for example, indications are that 24 months is currently the prevailing maturity period as compared with the 18-month
maximum in effect prior to the suspension of Regulation W.
Credit use more widespread
There is some evidence that the proportion of buyers using
credit is also continuing to expand. The Board of Governors
of the Federal Reserve System reported in December that
since the lifting of credit controls last May, more durable
goods purchases were being financed on credit than prior to
that time. This is particularly true of new autmombilesf
which an estimated 47 percent of all buyers purchased with
the aid of credit in 1951; preliminary data indicate that a
considerably larger percentage of new car purchases in 1952
have involved the use of credit.
BUSINESS STATISTICS
X HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, and monthly averages for earlier years
back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1947. Series
added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index
numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely.
vided through the courtesy of the compilers, and are subject to their copyrights.
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November
Data from private sources are pro-
December
January
February
March
April
May
June
July
August
September
October
November
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil. of dol__
Compensation of employees, total
do
Wages and salaries, tot a l _ _ _
_ _ do _
Private __ _ _
_.
_
do
Military.. _ _ _ _
_ _ _ do _
Government civilian
do
Supplements to wages and salaries . _ do __
Proprietors' and rental income, totalcf _.do
Business and professional cf
- _ _ . 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
In ventory valuation adjustment
do. _
Net interest
.
do
285.6
20.9
9.1
9.0
9.2
9.4
9.4
9.5
42.7
42.7
24.7
18.1
3.0
6.6
-.1
6.7
41.2
39 5
22.9
16 6
337.1
210.5
25.3
116.2
69.0
52.9
22.4
24.7
339. 7
213.2
25.2
118.0
70.0
50.0
23.7
25.7
5.8
2.6
.6
2.2
71.2
48.9
44.3
22.3
262.0
181 0
148 3
9
52
27
15
9
51 9
27.6
14 8
42.5
39.5
22.2
17.3
30.4
231. 5
21.1
i§6 3
186 9
177.8
145 6
52.1
27.3
15.4
53.1
26.6
17.0
--
286.9
186.5
177.4
145.8
10.0
21.7
9.6
Gross national product, total .
do. _
Personal consumption expenditures,total do
Durable goods _ . _.
do..
Nondurable goods
__.
do
Services.
_ _ _ _ _ __
do...
Gross private domestic investment—
do
New construction
..do
Producers' durable equipment
do _
Change in business inventories
do
Net foreign investment
do
Government purchases of goods and services,
total
bil. of dol
Federal (less Government sales)
do. _
National security 9
do__
State and local _
do
Personal income, total
do
Less: Personal tax and nontax payments .do
Equals: Disposable personal income
do
—
Personal savin g§
do ...
288.0
183.4
174.3
143.8
3
5
5
2
8
6
1.7
6.9
7 1
342 6
214 9
26.4
117 8
70.8
49 3
23.6
25 7
343 4
215 0
24 2
118 9
71 9
51 7
23 0
25 0
3 7
—12
74.4
51.2
46.4
23.2
78
54
50
23
77
54
49
23
263.0
264 4
32 9
231.5
16 5
.1
4
32.5
230.5
17.3
0
9
3
0
9
8
6
1
268 9
33 6
235.3
20 3
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates:
Total personal income
bil. of dol
Wage and salary disbursements, total
do
Commodity-producing industries, do _
Distributive industries- ___do.Service industries
______
do
Government __ _
_
do
Wage and salary receipts, total. _. _ do_Other labor income
do
Proprietors' and rental income
do
Personal interest income and dividends__do
Transfer payments
._ . do
Less personal contributions for social insurance 0
bil. of dol..
Total noiiagricultural income
_
do
260.9
174.8
75.8
46.5
20.8
31.7
171.3
263.4
176.0
77.5
46.7
20.8
31.0
172.6
263.4
176.7
77.3
47.1
20.8
. 31. 5
173. 1
263.5
178.0
78.2
47. 1
20.9
31 8
174.5
261.9
177.3
77. 7
47.0
20 8
31 8
173.9
4 3
50 7
21.0
12.4
262.5
176.7
76.9
47 0
21 0
31 8
173.4
4 4
51 2
21.5
12.3
264 5
177.9
76 7
47 7
21 3
32 2
174 6
4 4
51 7
21.5
12 6
266 7
179.3
77 2
48 5
21 3
32 3
175 8
4 5
52 8
21.4
12 5
263 9
177.4
74 0
49 3
21 5
32 6
173 9
4 5
52 2
21.3
12 4
269 6
182.5
78 7
49 4
21 5
32 9
179 0
4 5
51 8
21.4
13 1
273 8
185^3
81 6
49 3
21 6
32 8
181 9
4 5
187. 5
187.9
r 89 Q
QO o
r 184. ft
1 84. ^
21.4
12 9
'21.3
21. a
3.8
3.7
4.3
4.3
4.3
52.5
20.5
12.4
53.3
21.1
12.1
53 4
20.1
12.8
52 1
20.5
12.4
3.5
3.4
3.9
3.8
3.8
3.6
3.6
3.8
3.9
3.7
3.7
239.5
240.7
241.7
243.4
242.7
242 9
244 9
245 9
243 4
249 4
253 0
4.2
r
eo A
NEW PLANT AND EQUIPMENT
EXPENDITURESt
All industries, quarterly total
mil. of dol__
7.421
6, 228
6,913
6 420
i 7 298
Manufacturing
do__
3,335
2 742
9 Q34.
3 264
Mining
do__
244
208
220
201
Railroads
do___
432
362
381
290
Transportation, other than rail
do _ ,
344
301
378
310
Public utilities
do ___
1,117
847 i
957
970
Commercial and other
._
do. _
1,949
1,708 i
1,713
1,715
1 1. 668
T
J
Revised.
Estimates for October-December based on anticipated capital expenditures of business.
fRevised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949- see pp 29-31 of the Julv
1952 SURVEY for the data.
^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.
©Data through 1951 represent employee contributions only; thereafter, personal contributions of self-employed
persons are also included.
^Revised beginning 1939. For revised annual data for 1939-51 and for quarterly data beginning 1947, see pp. 20 and 21 of the August 1952 SURVEY.
10^
S-l
SURVEY OF CUEEENT BUSINESS
S-2
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November
January 1953
December
January
February
March
April
May
June
July
August
September
October
November
GENERAL BUSINESS INDICATORS—Continued
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
do
Dairy products
do
Meat animals
do
Poultry and eggs
___
- _ _ _ _ do _ _
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1935-39=100.Crops
-.
do - _ Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
...
1935-39=100-Crops
do
Livestock and products
_ _
_ _ - do
3,712
3,695
1,885
1,810
325
1,082
394
3,012
2,994
1 433
1,561
325
873
354
2,642
2,619
1 111
1,508
330
924
243
2,043
2,010
638
1,372
330
809
227
2,122
2,079
628
1,451
369
817
254
2 100
2,053
571
1,482
389
812
262
2 176
2,142
573
1,569
433
825
272
2,381
2,361
851
1,510
427
769
271
2 711
2,697
1 235
1,462
410
759
269
2,882
2,874
1 377
1,497
394
812
278
3,620
3,609
1,926
1, 683
370
984
316
4,123
4,098
2 303
1,795
365
1,088
330
3 540
3 522
1 871
1,651
346
911
384
557
666
476
452
506
411
395
393
397
303
226
361
314
222
382
310
202
390
323
202
413
356
301
398
407
436
385
434
487
394
544
681
443
618
814
472
531
661
434
185
206
170
157
160
154
145
137
151
115
82
140
119
76
151
116
64
155
123
68
164
139
108
162
154
165
145
161
182
145
196
237
164
220
274
179
191
219
170
INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
220
217
217
218
217
215
211
205
194
218
231
••233
"234
229
227
227
229
228
224
224
215
203
228
240
'245
"245
277
261
155
172
146
347
209
198
236
280
263
141
178
122
358
207
196
235
280
261
142
175
125
359
216
206
243
281
261
148
176
133
360
217
204
249
283
263
149
175
135
359
218
204
252
277
245
152
170
143
354
218
203
257
278
246
145
168
133
353
216
199
260
249
140
155
169
148
352
210
195
246
232
139
150
165
143
331
201
184
241
268
242
159
175
152
337
213
197
251
289
267
167
183
159
353
221
209
248
••300
••280
r
164
••189
151
••361
••234
••228
'251
"301
"282
"161
" 189
P147
"368
"237
"230
"252
do
do
do _
do
do _
do
217
237
179
206
313
216
212
220
177
201
320
221
205
188
169
219
318
218
208
196
168
232
322
219
212
200
167
239
327
222
216
226
168
242
329
227
224
241
167
260
338
231
225
237
169
266
339
229
216
236
160
255
287
162
231
261
169
272
300
175
232
263
167
267
346
239
-•235
267
' 170
262
'364
'257
"166
do
191
178
304
563
91
81
97
164
98
188
111
185
154
302
563
88
79
94
158
95
195
96
184
145
302
562
100
86
110
151
86
193
83
186
152
300
562
109
96
118
149
97
175
84
184
155
298
563
108
86
122
148
116
165
82
180
155
295
559
102
84
114
149
152
152
89
180
158
291
558
105
90
115
154
197
147
96
187
176
296
563
102
90
111
165
217
147
124
181
186
295
565
90
77
98
174
215
137
179
195
'159
299
565
116
95
129
185
214
138
230
200
159
304
565
112
95
123
190
173
154
268
'200
173
'309
'576
112
104
118
' 178
133
169
' 191
191
187
276
185
214
183
245
157
144
289
120
198
183
181
281
185
215
178
250
152
136
283
118
137
187
185
281
188
211
170
248
157
144
296
116
176
194
190
281
188
212
175
243
160
150
294
122
167
192
188
278
204
210
180
242
152
141
288
112
164
186
181
261
166
205
180
235
144
130
280
108
174
182
175
209
165
157
174
242
151
135
287
117
178
182
177
251
72
216
175
246
154
133
312
112
197
159
153
259
67
225
145
225
147
111
343
103
179
188
180
280
169
231
157
242
170
143
369
123
193
191
181
281
177
234
166
249
176
145
377
136
198
203
193
'279
180
' 225
180
'254
172
142
'361
do
do _
do
do
do
-.-do _
169
178
99
152
196
115
159
170
86
135
193
89
162
175
91
147
194
88
162
174
77
135
199
91
158
170
68
122
199
90
165
171
74
119
201
130
143
140
73
107
159
159
149
161
74
102
193
75
144
155
57
91
190
81
161
161
61
102
194
164
180
180
88
144
203
178
1935-39=100--
Manufactures
do
Durable manufactures
Iron and steel
Lumber and products
Furniture
Lumber
Machinery
- _
Nonferrous metals and products
Fabricating
Smelting and refining
Stone clay and glass products
Cement
Clay products
Glass containers
'Transportation equipment
Automobiles (incl parts)
^Nondurable manufactures
do_ _
do
do _do
-do __
-do __
do
do
do
Chemical products
Industrical chemicals
Leather and products
do _ _
do
do
Shoes
Manufactured food products
do
do
Meatpacking
Proce^sed fruits and vegetables
do__
do
Paper and products
do
Petroleum and coal products
Coke
Gasoline
-Printing and publishing
Rubber products
Textiles and products
Cotton consumption
Ravon deliveries
vvooi iexiij.es
_ _
do
do
do _ _ .
do
do
do
do
do
Minerals
Fuels
Anthracite
Bituminous coal
Crude petroleum
Metals
--
Adjusted combined index cf
-
Manufactures
Durable manufactures
Lumber and products
Lumber
Nonferrous metals
Smelting and refining
Stone clay and glass products
Cement
Clay products
Glass containers - ._.
Nondurable manufactures
Chemical products
W'
"312
"588
"166
* 192
" 121
"205
288
"233
"184
"259
" 174
149
356
197
' 1C
167
95
93
'203
' 164
"174
"180
87
135
"207
P 141
T
219
218
221
222
221
«16
211
204
193
214
226
'229
"233
228
228
231
232
231
225
224
214
202
225
235
'241
"243
do
-do
do _ _
do _
do
do
do
do
__do
277
157
149
209
235
212
219
173
282
154
141
207
235
219
242
172
284
162
154
217
249
224
257
177
239
285
158
149
218
252
222
244
175
239
277
152
143
218
257
220
238
173
242
277
142
128
216
259
217
230
168
243
247
146
134
210
247
222
222
170
269
230
141
128
201
242
214
215
158
266
266
148
135
213
251
221
231
164
261
287
155
140
221
248
222
227
161
261
'298
'155
138
'234
'251
'224
231
'161
254
"300
"163
" 149
"237
"251
"222
91 c
282
159
150
216
243
217
233
182
223
do
188
188
299
89
78
160
137
168
121
185
176
298
88
79
160
136
163
123
189
174
300
100
86
162
137
162
128
190
171
297
107
90
165
138
182
133
188
170
294
108
86
166
142
179
150
183
157
292
102
84
163
146
165
146
181
150
292
105
90
160
148
146
147
186
152
298
103
92
166
147
148
161
179
162
299
91
81
162
145
147
138
191
151
302
116
97
163
148
158
121
194
155
303
112
97
166
148
170
137
'195
162
303
112
103
'165
146
169
'148
Manufactured food products
Dairy products
Mieat packing
"Prnppsspd fruits and vegetables
do
-do
do
do
U p
" 20^
do
do
ei d.
"360
"255
do_ _
-
ijVdil
227
_
9fM
"161
"197
"307
1
"163
P 172
"131
or January 1950-July 1951 based on final data will be shown later. Revisions for 1910-49, incorporating changes in methods of estimation and adjustments in production, disposition, and prices, are shown on p. 23 of the December 1951 SURVEY.
.
cT Seasonal factors for a number of industries were fixed at 100 during 1939-42; data for these industries are shown only in the unadjusted series.
SURVEY OF CURRENT BUSINESS
January 1053
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
19 51
November
S-3
December
January
February
March
April
May
June
July
August
September
October
203
192
176
190
November
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index — Continued
Adjustedcf— Continued
Manufactures— Continued
IS ondurable manufactures— Continued
Paper and products
1935-39=100
Paper and pulp
do
Printing and publishing
. _ _.
do_
Tobacco products - _.
_do
191
187
175
194
184
182
174
147
187
185
175
176
193
189
177
175
192
188
177
174
185
181
175
184
182
175
170
178
181
176
176
189
160
154
157
172
188
180
165
186
192
181
165
187
170
122
163
122
167
125
167
128
164
125
166
141
140
143
147
65
142
65
156
131
175
149
mil. of dol
do
do
.
do
do
_ _ _ do, do
_ - do
do
do
44, 637
22, 373
10,710
11,663
9,025
2,791
6, 234
13, 239
4,352
8,887
42, 794
20, 962
9, 745
11,217
8, 765
2, 642
6,123
13, 067
4,251
8,816
44, 792
22, 634
10, 861
11,773
9,004
2,704
6,300
13, 154
4,366
8,788
45, 866
23, 506
11,352
12, 154
8,954
2,773
6,181
13, 406
4,611
8,795
43,431
22, 085
10, 632
11,453
8,326
2, 578
5, 748
13, 020
4,314
8,707
45, 748
23, 538
11,310
12, 228
8,862
2,787
6,075
13, 348
4,496
8,851
45, 533
23, 247
11, 328
11,918
8,448
2,669
5,779
13, 838
4,931
8,907
44, 381
21, 888
10, 060
11,828
8,493
2,698
5, 795
14, 000
4,887
9,113
44, 455
21, 858
9,777
12, 081
8,949
2,817
6, 132
13, 648
4,494
9,154
43, 612
21, 898
10,437
11,460
8,371
2,495
5,876
13, 343
4,200
9,142
46, 276
23, 663
11, 510
12, 154
9, 055
2, 793
6,262
13, 558
4, 508
9,050
f
r
r
r
Business inventories, book value, end of month
('adjusted), total
mil. of dol
Manufacturing, total
_ _ _ _ _ _
do
Durable-goods industries
do.
Nondnrable-goods industries _
do
Wholesale trade, total--_ _. _ do . .
Durable-goods establishments
do
Nondurable-goods establishments.-.
doRetail trade, total
do
Durable-goods stores _ _.
_ do
Nondurable-goods stores
do
73, 883
42, 692
22, 337
20, 355
10,373
5,182
5,191
20,818
9,797
11,021
74, 059
43, 039
22, 884
20, 156
10, 266
5,107
5, 159
20, 754
9, 726
11,028
73, 996
43, 077
23, 110
19, 967
10,238
5,127
5, 111
20, 681
9,775
10, 906
73, 829
43, 168
23, 313
19, 855
10,036
5,011
5, 025
20, 625
9,789
10, 836
73, 620
43, 237
23, 401
19, 836
10, 062
5, 055
5,007
20, 321
9, 583
10, 738
73, 876
43, 402
23, 596
19, 805
9,997
5,054
4,943
20, 477
9, 624
10, 853
73, 074
43, 144
23, 595
19, 550
9,861
4,955
4,906
20, 069
9,112
10, 957
72, 913
42, 892
23, 348
19, 544
9, 896
4, 858
5, 038
20,125
9,030
11,095
72, 765
42, 748
22, 962
19, 786
9,890
4, 864
5,026
20, 127
8,749
11,378
72, 714
43, 107
23, 200
19,908
9,862
4,934
4,928
19, 745
8, 626
11, 119
73, 437
43, 224
23, 292
19, 932
9,932
4, 964
4, 968
20, 281
8,956
11, 325
74, 189
43, 415
23, 615
19, 800
10, 122
4, 986
r
5, 136
f 20, 652
r
9, 175
74 656
43, 512
23, 795
19, 717
10, 178
r 11, 477
11, 499
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS!
Sales:
Value (unadjusted), total mil. of dol
Durable-goods industries
do
Nondurable-goods industries _ _ _ _ _ _ _ d o
22, 360
10, 542
11,818
21, 026
9,963
11, 063
22, 260
10, 459
11, 801
22,416
10, 694
11,723
23, 205
11, 270
11, 934
22, 950
11,237
11, 713
22, 478
11, 056
11,422
21,640
10, 284
11,356
20, 051
8,844
11,207
22, 605
10 579
12,026
24, 700
11, 905
12, 795
' 26, 462
' 12, 787
' 13, 674
23, 483
11 529
11, 954
22, 373
10, 710
2, 065
1,202
1,047
1,997
1,534
614
345
593
515
237
561
20, 962
9, 745
1,889
1,070
999
1,863
1,295
615
276
537
425
245
531
22, 634
10, 861
1,964
1,240
1,064
2,050
1,647
645
264
614
496
284
592
23, 506
11,352
2,018
1,205
1,103
2,136
1,645
733
306
678
549
280
701
22, 085
10, 632
1,973
1, 126
1,059
1,970
1,599
677
313
576
484
257
597
23, 538
11,310
1,994
1,256
1,036
2,079
1,736
746
318
687
472
303
684
23, 247
11,328
1 934
1 197
1,069
2 033
1,812
817
336
642
509
297
684
21, 888
10, 060
991
1,085
1,154
1,964
1,815
736
350
597
483
265
619
21, 858
9,777
1 113
1,184
1,106
1,942
1, 167
790
377
621
497
302
678
21,898
10 437
1 930
1 053
1,168
1,833
1,309
811
389
600
522
261
563
23, 663
11,510
2,107
1,156
1,256
1,966
1,831
749
419
629
545
245
607
' 24, 728
f 11, 968
r
2 198
r
1, 263
23, 510
11 699
2 148
1 194
1,228
2 088
1 793
879
362
605
524
258
620
11, 663
3,197
484
287
1,082
976
212
679
718
1,490
2,097
440
11,217
3,116
504
281
1,122
950
238
621
668
1,419
1,937
362
11,773
3, 161
499
318
1,143
997
252
714
760
1,523
1,938
468
12.154
3,382
475
312
1,148
1,045
270
694
733
1 , 606
2, 047
442
11,453
3, 126
530
292
1,093
958
231
651
702
1,515
1,949
406
12, 228
3,280
564
318
1,244
1.130
261
633
760
1,573
2,028
437
11,918
3,312
568
311
1 148
1,121
12,081
3, 267
609
325
1 162
1,171
267
650
704
1,560
1 956
408
11, 460
3,012
573
310
1 058
965
282
667
667
1,473
2 003
452
12, 154
3,246
534
324
1,137
1,068
275
699
678
1,602
2,109
482
«• 12, 760
r
3, 452
r
513
r
630
720
1, 566
1 846
424
11, 828
3,171
638
310
1 116
1,124
290
625
684
1,495
1 945
430
42,316
22, 051
20, 265
43, 056
22, 650
20, 406
43, 473
23, 092
20, 381
43, 594
23, 379
20, 215
43, 732
23, 647
20, 084
43, 614
23, 813
19. 801
43 407
23 924
19, 483
42 972
23 518
19, 454
42, 660
23 050
19, 610
42 707
23 116
19, 591
42, 660
23 147
19, 513
r
42 920
r 23 385
' 19, 536
do
do
do
16, 805
10, 637
14, 873
16, 994
11, 000
15, 063
16. 847
11, 334
15, 291
16, 675
11, 641
15, 278
16, 539
11, 808
15,385
16 303
11,900
15, 411
16 156
11,919
15, 332
15 871
11,782
15, 320
15 737
11,813
15, 110
15 699
12, 041
14 967
15 836
12, 132
14, 692
r
12, 272
r 14 590
Book value (adjusted), total
do
Durable-goods industries, total
do
Primary metals
do
Fabricated metal products
do
Electrical machinery and equipment-. -do
Machinery, except electrical
do
Motor vehicles and equipment
do
Transportation equipment, n. e. s
do
Furniture and
fixtures
do
Lumber products, except furniture
do
Stone, clav, and glass products
do
Professional and scientific instruments, do
Other industries, including ordnance. _ _ do
42, 692
22, 337
2 718
2,372
2,799
5, 131
2,730
1, 897
573
1,018
819
749
1,532
43, 039
22, 884
2 814
2,414
2,927
5, 292
2. 733
1,950
549
1,069
827
757
1,551
43, 077
23 110
•?. 866
2 358
2,899
5 385
2,747
2,039
569
1,064
857
756
1, 569
43,168
23 313
2 893
2 409
3,042
5 428
2,683
2,082
561
1, 064
866
757
1,528
43, 237
23 401
2 882
2 438
3,074
5 465
2, 670
2,124
549
1,058
903
735
1,504
43 402
23 596
2 886
2 445
3,119
5 539
2, 669
2,170
560
1 041
922
748
1,498
43 144
23 595
2 %9
2 432
3,133
5 525
2,674
2,177
566
1 040
996
748
1, 466
42 892
23 348
2 945
2 344
3,107
5 4(51
2,562
2,202
556
1 030
937
762
1,444
42 748
22 962
2 928
2 235
3, 062
5 314
2,517
2,248
555
1 005
922
757
1,420 i
43 107
23 200
2 971
2 309
3,037
5 280
2, 641
2,2919
53 '
1 010
904
770 !
1,456 :
r 43 415
43 224
r 23 015
23 292
3 031 ' r 3 Q84
T 2 362
2 318
r
3,031
3, 039
r 5 275
5 274
2, 636
' 2, 735
r
2,343
2, 472
coo
534 i
1 006
1 019
Minerals
Metals
-
do
do
r
r
f 205
v 176
164
144
p 175
v 148
48, 304
24, 7 28
11, 968
12, 760
r 9, 389
2,931
* 6, 458
46, 272
23 510
11, 699
' 14, 198
13, 991
BUSINESS SALES AND INVENTORIES^
Business sales (adjusted), total Manufacturing, total
Durable-goods industries
Nondurable-goods industries
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments
Retail trade, total
_.
Durable-goods stores
Nondurable-goods stores
._
Value (adjusted), total, _ . _ _ _ _
do
Durable-goods industries, total
do
Primary metals
do
Fabricated metal products
do
Electrical machinery and equipment,- -do
Machinery, except electrical
do
Motor vehicles and equipment
do
Transportation equipment, n. e. s
do
Furniture and
fixtures
_
do
Lumber products, except furniture
do
Stone, clay, and glass products
do
Professional and scientific instruments- -do
Other industries, including ordnance-- -do
Nondurable-goods industries, total
do
Food and kindred products
do
Beverages
do
Tobacco manufactures - ___ _ _ do
Textile-mill products
do
Apparel and related products- ._ _ do
Leather and leather products
do
Paper and allied products..
_ __do
Printing and publishing
_
do
Chemicals and allied products
do _
Petroleum and coal products _
do
Rubber products
.
do
Inventories, end of month:
Book value (unadjusted), total - _ ._ _ _ _ do
Durable-goods industries
. .
do
Nondurable-goods industries
do
By stages of fabrication:
Purchased materials _
Goods in process
Finished goods _
_ .__
... ___
r 4, 846
r
9, 341
r 1, 205
r
2, 068
1,842
-•812
410
'678
553
'277
'663
r
T
r
r
440
T If, Q5g
gQ2
764
1,462
327
1 188
1, 281
T
265
r
734
T
720
\ 660
2 181
:
T §74 i
778
' 1, 445 i
11,811
8,771
2, 739
6,032
4,838
9, 153
5.084
5,094
20, 966
9.467
11, 811
3 253
445
310
1 078
1 130
235
665
679
1 533
2 044
43 164
23 515
19, 649
16 188
12,317
14 659
43 512
23 79 ri
3 149
2 387
2, 990
5 310
2, 862
2, 451
C^tO
1 056
851
781
1,415
r
Revised.
* Preliminary. rf1 See note marked "c?" on p. S-2.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on this page; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.
tRevised series. All components of business sales, inventories, and orders have been revised since publication of the 1951 STATISTICAL SUPPLEMENT. The latest revision (affecting data
. 18 ff.); the new
1948 for manu(see pp. 17-1
SURVEY OF CURRENT BUSINESS
S-4
19 51
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
IS ovember
January
1952
December
January
February
March
April
May
June
July
August
November
October
^beT"
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,!
AND ORDERSf—Continued
I
Inventories, end of month—Continued
Book value (adjusted)—Continued
Nondurable-goods industries, total__mil. of dol__
Food and kindred products
do
Beverages
do
Tobacco manufactures
do
Textile-mill products
do
Apparel and related products
do
Leather and leather products
do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber products
do
New orders, net (adjusted), total©
Durable-goods, industries, total
Primary metals
Fabricated metal products
Electrical machinery and equipment
Machinery, except electrical
Transportation equipment, including
vehicles and parts
mil.
Other industries, including ordnance
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders j
do
do
do
do
do
do
motor
of doL
do
do
do
do
Unfilled orders (unadjusted), total©
do
Durable-goods industries, total
do
Primary metals
do
Fabricated metal products
do
Electrical machinery and equipment
do
Machinery, except electrical
do
|
Transportation equipment, including motor j
vehicles and parts
mil. of dol..:
Other industries, including ordnance
do
j
Nondurable-goods industries, total 9
do
j
19, 786
3.485
1.289
1,724
2, 764
1'. 685
554
1.007
715
2,995
2, 683
19, 908
3.489
1,259
1,720
2 798
1.770
543
972
722
3, 022
2.728
'884
19,932 !
3,443 \
1,268
1,726 !
2,833
1,725 i
541
973
734
3,022
2,788
r
1,278
1,355
1,908
23,688
11,393
1,374
1, 252
1.174
1.916
21,792
9,938
1,789
1,142
1,066
1,515
24, 386
12,198
2,194
1,375
1.311
1,883
' 24, 447 23. 027
r
11, 772
11, 390
1, 883
••2,211
r
1, 289
1,197
- 1. 324
1, 256
2,007
' 1, 926
3,009
2,456
11,792
2,645
9,146
4,019
2,592
11, 904
2,791
9,113
3.069
2,609
12, 295
2,996
9,298
2,308
2,118
11, 854
3.067
8,787
3,171
2, 265
12,187
2,823
9,364
r
69,978 j
67,114
8,042 !
5.997 i
10,735 i
11,719 |
69, 230
66, 309
7,838
5. 974
10, 754
11.303
72, 541
69, 340
8,104
6,088
11, 302
11,097
74,985
71, 705
8, 561
6,196
11,497
11,279
75, 220
71, 882
8,597
6.226
11.419
11,115
75,662 i ' 74, 478 73. 344
72,305 I r 71, 256 \ 70, 271
8,465 | ' 8, 406 8, 104
6,383 i >• 6, 335
6. 218
11,512 r 11,501
11,313
10,942 r 10, 651 ! 10. 423
24, 394
6,228
2,864
24, 344
6,097
2, 922
26, 478
6,271
3,201
27,563
6,609
3,280
27,912
6.613
3,338
20, 355
3. 572
1,247
1.749
3. 192
1.828
643
943
780
3,002
2, 618
782
20, 156
3, 479
1,233
1,761
3,045
1, 816
'613
986
795
2,984
2,600
843
19, 967
3.456
1,229
1. 722
2,991
1. 779
615
995
786
2,979
2,574
840
19, 855
3, 549
1.287
1,694
2', 874
1.694
581
1,027
779
2,966
2. 556
848
19, 836
3, 556
1,317
1, 685
2,772
1, 650
587
1. 032
772
2,998
2,602
865
19. 805
3,522
1,313
1, 693
2,779
1,590
582
1,059
778
2, 986
2, 628
19, 550
3,486
1, 321
1,704
2, 735
1.543
575
1, 039
751
2,973
2,544
19, 544
3,473
1.296
1,693
2,734
1, 537
558
1,028
741
3,011
2,607
864
23, 406
11,820
1, 764
1,289
1.346
2,146
22,174
10, 937
1.737
1. 176
1.274
2,092
22, 695
11,115
2,013
1,175
1, 195
1,966
23, 493
11,392
1,947
1,058
1,550
1,984
23, 075
11,841
1,749
984
1,955
1,708
24, 569
12, 761
2,258
1.262
1,289
1,934
23, 284
11,492
1,883
1,275
1,156
1,713
24, 327
12,423
1,271
3,011
2, 263
11,586
2,614
8,972
2, 536
2,123
11,237
2, 668
8,568
2,421
2,346
11,579
2, 675
8,904
2,488
2,364
12,101
2,792
9,310
3,330
2,116
11,234
2,457
8,777
3,447
2,517
11,808
2,477
9,330
65,717
62, 076
8,202
5, 766
8,668
11,916
65. 795
62, 410
8,074
5,739
8,954
12, 018
66, 823
63,506
8,125
5.934
9,038
12. 165
67.088
63, 797
7,983
5, 819
9 227
12,' 171
68,992
65,887 I
7,800 i
5.781 !
10,596 j!
11,941
21, 577
5,947
3,641
21, 846
5, 780
3,385
22, 192
6, 052
3.317
22, 414
6.132
3,292
23,644
6.125
3, 105
r
19, 800
3. 488
- 1 1 222
' l! 726
r
2, 841
' 1, 609
'549
«• 960
' 744
T
3, 010
2, 777
'874
r
T
28. 587
6, 417
3, 357
3. 005
2,814
874
' 2, 571 2. 586
2, 462
r 2, 451
12, 675
11, 637
2,482
• 2. 822 i
r
9, 155
9, 854 i
28, 249 !
6, 112 !
'3,223 '
r
r
19, 717
3,444
1, 193
1. 739
2', 757
1, 605
540
974
28, 26(1
5. 954
3, 073
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
Operating businesses end of quarter total
Contract construction
1
4,014.0
380.3
304 3
859.6
1, 664. 0
208. 4
597 5
4, 035. 9
390.6
305.1
863. 2
1, 663. 9
210.0
603.2
82 4
12.8
8.8
15 3
29. 1
3.9
12. 5
122.8
24.2
12.9
21.2
41.6
5.3
17.6
do
do
80 6
11 6
9.9
13 7
33 6
3. 1
8 8
100.8
13.9
12.1
17.6
41.6
3.7
11.9
do
83. 7
130.2
thous
do
Service industries
Retail trade
Wholesale trade
\11 other
do
do
do
do
New businesses quarterly total
Contract construction
Manufacturing
do
do
do
Retail trade
Wholesale trade
\11 other
do
do
do
Discontinued businesses quarterly total
Contract construction
Manufacturing
Service industries
do
do
do
do
Wholesale trade
\11 other
Business transfers quarterly total§
i
j
I
BUSINESS INCORPORATIONS^
6,289
6,913
8,357
7,138
7,902
8,284
number
do
__
do
do
- __.
do
do. _ _
587
48
68
106
307
58
612
48
71
131
296
66
671
50
68
143
348
62
619
52
70
133
304
60
715
55
72
148
371
69
780
58
93
171
375
83
Liabilities, total
thous. of doL _
Commercial service
do
Construction
- - ._ _
do
Manufacturing and mining
do
Retail trade
- do
Wholesale trade
do
17,567
952
3,740
6,158
4,369
2,348
19, 403
1,874
2,251
6,515
5, 177
3,586
26, 208
4,249
2,672
8,365
7,761
3,161
19, 474
1,649
1,935
5,614
6, 548
3,728
29,232
4,563
2,485
13, 046
6,905
2,233
29, 530
1,744
3,853
12, 633
7,050
4, 250
New incorporations (48 States)
number
7,819
7,549
7,088
7, 529
638
60
75
111
333
59
671
52
78
128
340
73
580
41
48
133
299
59
594
51
58
109
316
60
539
36
50
107
288
58
21, 193
1,219
2,646
10, 217
5,264
1,847
21, 222
1,971
2,990
6,971
7,024
2,266
22, 789
1,466
3, 196
8,882
5,434
3,811
16, 322
1,809
1,816
5, 056
5, 255
2, 386
20.138
947
2.729
6.780
5. 317
4, 365
7,915
r ^ 223
6, 761
INDUSTRIAL AND COMMERCIAL
FAILURES^
Failures total
Commercial service
Construction
_
Manufacturing and mining
Retail trade
_ _
Wholesale trade
r
631 ;
52 1
88 !
146 l!
291
54
35,049
2,175
5,167
13,079
6. 078
8, 550
590
61
62
121
280
Gf)
18,757
3,027
1.588
5.853
5. 86".
2. 424
Revised.
p Preliminary.
fRevised series. See corresponding note on p. S-3.
© Adjusted data for new orders replace the unadjusted series formerly shown; for data beginning 1948, including those for unadjusted unfilled orders, see pp. 17 and 18 of the November
1952 SURVEY.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
r these industries (food,'beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 SURVEY.
— &. Bradstreet,
_ . . . Inc.
_
d"-—
Data• are from
Dun
SURVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1951
November
S-5
1952
December
January
February
March
April
May
June
July
August
September
October
November
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products § 1910-14=100-Crops
_
do
Food grains. _ _ _ _ _ _
_ _ _ _ _ _do
Feed grains and hav
do
Tobacco
_._ _
_
_
_do
Cotton
do
Fruit _
_ -_
do
Truck crops
do
Oil-bearing crops
_
_do
Livestock a n d products _ _ _ _ _ _ _
_ _do_ _ _
Meat animals
do
Dairv products
do
Poultry and eggs
. _.do_
301
267
249
224
424
345
172
249
307
332
387
305
249
305
280
253
233
440
339
177
331
309
328
379
314
233
300
277
251
234
431
325
171
337
303
320
376
316
200
289
259
249
230
436
313
168
217
296
317
377
317
181
288
265
251
229
435
309
176
265
284
310
372
305
177
290
272
250
229
435
313
179
308
279
306
372
291
180
293
270
245
227
436
303
190
285
280
313
394
281
175
292
277
238
226
437
319
220
250
289
306
380
277
181
295
276
230
227
436
311
214
287
307
312
376
286
208
295
272
236
233
436
319
206
229
310
316
372
295
225
288
264
240
234
428
329
200
182
305
309
349
307
227
282
260
240
219
429
311
215
189
304
301
328
316
228
277
257
248
213
412
288
195
238
300
295
310
318
238
273
272
273
273
273
273
274
273
274
271
271
272
269
269
269
268
269
266
Prices paid:
A 11 commodities ..
1910-14=100—
Commodities used in living
do
Commodities used in production
do
All commodities, interest, taxes, and wage rates
1910-14=100-.
274
271
277
273
272
275
275
271
278
276
271
281
275
270
280
276
271
280
276
271
281
284
284
287
288
288
289
289
286
286
287
285
282
281
Parity ratio 9 ... _ _
106
107
105
100
100
100
101
102
103
103
101
100
99
210.3
210.8
210.9
208.9
208.7
209.7
210.3
210.6
211.8
211 8
211 l
210 7
210 5
215.2
207.3
215.2
207.3
215.2
207.3
215.2
207.3
213.0
207.3
200 2
205.0
201 0
205.5
206 6
206.8
208 1
207.9
211 6
208.7
219 4
212.1
221 6
213.6
188.6
207.6
231.4
190.2
210.4
223. 5
273.5
144.8
97.4
206.3
210.8
138.9
168.4
189.1
206.8
232.2
190.4
213.2
236.5
270.1
144.9
97.5
206.6
210.2
139.2
169.1
189.1
204.6
232.4
190. 6
215. 8
241.4
272. 1
145.0
97 6
206.8
209.1
139.7
169.6
187.9
204.3
227.5
190.9
217.0
223. 5
271.1
145.3
97 9
206. 7
208.6
140.2
170.2
188.0
203.5
227.6
191.2
215. 7
232.1
267.7
145.3
97 9
206.8
207.6
140.5
170.7
188.7
202.7
230.0
191.1
212.6
247.2
266. 7
145.3
98 0
206.1
206.2
140.8
171.1
189.0
202.3
230.8
193. 8
210.6
253.8
266.0
144.6
98 2
203.1
205.4
141.3
171.4
189.6
202.0
231. 5
193.3
209.8
250.0
270.6
144.8
98 4
203.4
204.4
141.6
172.5
190.8
201 4
234.9
194 4
212.3
253 2
270.4
146. 4
98 3
208.4
204.2
141.9
173.0
191.1
201 1
235.5
194 2
213.8
242 3
277.3
147 3
99 0
209 0
204.2
142 3
173.2
190 8
202 3
233 2
194 1
216 7
227 6
277.0
147 6
99 0
210 1
205 0
142 4
173 8
190 9
202 1
232 4
194 3
218 1
227 3
271.5
148 4
99 0
212 8
204 6
143 0
174 4
113.6
113.5
113.0
112.5
112.3
111.8
111.6
111.2
111 8
112 2
111 8
111.1
110. 7
Farm products
do
Fruits and vegetables, fresh and dried - _ _ do
Grains
do
Livestock and live poultry
do __
112.0
106.9
103.9
108.5
111.3
117.4
105.1
107.5
110.0
121.5
103.6
106.7
107.8
112.6
101.7
106.2
108.2
123.9
102.0
105.2
108.7
127.3
100.9
106.6
107.9
128.9
98.8
108.9
107.2
124.2
95.4
107.2
110.2
128.2
94.9
108.2
109 9
124.3
96.9
106.4
106 6
115,6
96 9
99 3
104.9
111.7
95.0
94.8
103.8
113.2
96.5
93.0
Foods, processed
do
Cereal and bakery products
_ _ ___ do
Dairy products and ice cream
do
Fruits and vegetables, canned and frozen
1947-49 = 1 00. _
Meats, poultry, and
fish
. _ _ do. __
111.0
107.8
111.1
110.7
107.9
113.0
110.1
107.5
113.2
109.5
107.4
115.1
109. 2
107.5
113.3
108.0
107.4
112.2
108. 6
107.0
110.6
108 5
106.7
110. 1
110 0
106.5
113 8
110 5
106.4
114 3
110 3
106 5
116 4
108.5
106.4
115 9
107 7
107.1
115 5
106.1
115.8
106.2
113. 6
105.7
113.5
104.8
110.8
104.9
111.0
104.6
109.4
104.2
112.1
103.5
110.1
103.9
110.6
105.1
112.3
105.9
109 4
105.9
104.1
105.9
101.9
114.5
108.6
120.9
95.0
65.2
108. 1
109. 8
114.6
108.4
120.8
95.2
61.5
108.9
109.9
114.3
106.7
118.1
94.8
56.8
109.4
109.3
114.2
105. 9
1 17. 5
93.4
51.2
109. 6
108.7
113.8
105.4
117.0
93. 1
47.3
109. 6
107.9
113.3
104.8
116.8
92.7
42.6
109.8
108.0
113.0
104.3
115. 1
92.2
47.2
111.5
107.3
112.6
104.3
114.9
92.2
52.0
109.9
107.0
112.5
104.2
114.7
92.1
49.8
110. 7
106.9
113.0
104 0
114.6
92.1
47.5
110 9
106 9
113 2
104 0
114 3
92.1
48 9
111 0
107 0
113.0
103.9
113.9
92.0
51.0
111.0
106.5
112.8
103 5
112.7
91.9
53 2
111 1
106 3
_
_
.
. _.
-do
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100
Coal (U. S. Department of Labor indexes) :f
\nthracite, chestnut
1935-39 — 100
Bituminous, all sizes
do
Consumers' price index (U. S. Dept. of Labor):
All items
_ ,1935-39 = 100
Apparel
do
Food
__
do
Cereals and bakery products
do
Dairy products
_
_ do
Fruits and vegetables
do
Meats, poultry, and
fish
do
Fuel electricity and refrigeration
do
Other fuels
Housefurnishings
Rent
Miscellaneous
_
_ __
do
_ _ do
do
do_
1
191.1
201 3
232.3
194 3
218.2
236 7
265. 5
149 0
99 4
213 7
204.9
143 9
174.7
WHOLESALE PRICESc?
U. S. Department of Labor indexes (revised) :|
All commodities
1947-49 = 100
Commodities other than farm products and
foods.
1947-49=100
Chemicals and allied products
do
Chemicals, industrial
_ do
Drugs, Pharmaceuticals, cosmetics do
Fats and oils, inedible
_ _ do
Fertilizer materials
do __
Paint and paint materials . __
__do
Fuel, power, and lighting materials
do
Coal
._
__.
do__
Electricity
._ do
Gas
do
Petroleum and products
do
Furniture and other household durables
1947-49 = 100.Appliances, household
do
Furniture, household
_.
do
Radios, television, and phonographs. _do
106.9
108.8
98.0
99.2
110.9
107.4
108.9
98.0
106.6
110.8
107.4
108.8
98.0
106.6
110.8
107.2
108.8
98.0
107.0
110.4
107.4
108.7
99.1
105.7
110.6
106.3
104.9
99.1
106 6
109. 5
106.0
104.9
98.0
104 2
109.9
105.9
105.3
98 5
102 0
109.6
106.0
106.0
99 1
101 4
109 4
105.8
106 5
100 7
100 4
108 3
106. 2
107 6
101 3
100 3
108 5
106.6
113.3
98.5
100 4
108. 5
106.4
113 4
98 5
100 4
108 1
112.7
107.9
115.5
93.0
112.7
108.2
115.1
93.0
112.3
108.0
113.6
93.1
112.4
108.0
113.5
93.1
11.1.9
107.4
113.4
90.7
112.1
107.8
113.4
90.7
111.7
107.3
113. 1
90.7
111.6
106.8
112.7
93.8
111.6
106. 8
112 6
93.8
111.5
106 8
112 5
93.7
112.0
107 3
112 6
93.7
112.0
107.2
112 6
93.7
112. 1
107 2
Hides, skins, and leather products
Footwear
_
Hides and skins ...
Leather. _.
do
do
___do __
do
107.0
118.0
87.6
100.3
105.1
116.5
81.7
98.7
102.2
115.9
69.7
97.0
99.5
116.1
63.7
89.5
98.0
115.9
59.6
87.6
94.1
113.9
49.7
84.4
94.7
111.1
58.1
84.5
95.9
111 0
59.5
88 9
96.2
110 6
61.8
89 3
96.5
110 6
64 4
89 3
96.5
110 6
64 4
89 3
96.7
110 6
65 4
90 1
97.8
111 0
69 9
90 5
do
do
121.1
120.8
120.3
120.4
120.1
120.4
120.3
120.6
120.5
120.7
120.9
121.3
120 7
121. 1
119 9
120.1
120 2
120 4
120 5
120 6
120 4
120 6
120 2
120 2
119 7
120 0
Lumber and wood products
Lumber--.
93.8
120.5
120.8
122.0
Machinery and motive products
do
120.7
121.8
121.6
121.4
121.6
121.3
121.4
121.3
121.5
121.3
120.2
121.8
121.5
Agricultural machinery and equip
do
120.2
121.8
121 6
121 5
121 5
121 5
121 5
121 5
121 5
121 6
123.8
125.2
124.6
Construction machinery and equip
do
124.0
124.9
124.9
125.3
125.4
125.4
125.3
125.8
125.8
126.2
122. 1
121.5
121.6
121.8
121.5
Electrical machinery and equipment. -do
120.9
120.8
119.9
120.0
119.8
119.0
119.7
119.0
116.3
120.0
117.1
116.5
120.0
Motor vehicles .
_ _.
. _ do „
119.7
119.7
119.7
119.7
119.7
119.7
119.7
119 7
T
Revised.
1 Index on old basis for November 1952 is 191.6.
§December 1952 indexes: All farm products, 269; crops, 257; food grains, 247; feed grains and hay, 218; tobacco, 428; cotton, 268; fruit, 206; truck crops, 256; oil-bearing crops 300- livestock
and products, 280; meat animals, 291; dairy products, 309; poultry and eggs, 221.
9 Ratio of prices received to prices paid (including interest, taxes, and wage rates).
c^For actual wholesale prices of individual commodities, see respective commodities.
±-T>^,^~A
r - , , 3 r . . ~ ± ~ . t _•
r
is*
A ^ I T _. \.^a,,±
r
i
•_j _„ j _ . . _ - . ,
,,
.
periods back
, and calculaproducts and foods" arc on p. 24 of the June 1952 fssue. ' It should be noted that the revised wholesale price series does not replace the former index (1926= 100) as the official index of primary
market prices prior to January 1952.
SURVEY OF CUKEENT BUSINESS
S-6
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1951
November
January 1053
1952
December
January
February
March
April
May
June
July
August
September
October
November
COMMODITY PRICES—Continued
WHOLESALE PRICEScf— Continued
U. S. Department of Labor indexes (revised) :J— Con.
Commodities other than farm prod., etc.— Con.
Metals and metal products
1947-49=100-Heating equipment
do
Iron and steel
_
_ . -do
Nonferrous metals
do
Nonmetallic minerals, structural
. _ . do__ _
Clay products
do
Concrete products
do
Gypsum products.
.
.
..do . _
122.5
114.4
123.1
124.1
113.6
121.4
112.4
117.7
122.5
114.5
123.1
124.2
112.8
121.4
112.4
117.7
122.4
114.0
123.1
124.2
112.9
121.4
112.4
117.7
122.6
114.0
123.2
125.0
112.9
121.4
112.4
117.7
122.6
114.0
123.2
124.9
112.9
121.4
112.4
117.7
122.5
113.9
123.0
124.8
112.8
121.3
112.4
117.7
121.8
113.7
122.8
122.0
112.9
121.4
112.4
117.7
121.1
113.5
122.4
120.0
113.8
121.4
112.4
117.7
121.9
113.6
122.3
124.0
113.8
121.3
112.4
117.7
124.1
113 7
127.2
124 4
113 8
121 3
112 4
117.7
124.6
113 7
127 5
124 7
113 8
121 3
112 7
117 7
124.1
113 7
127 3
122 9
114 4
124 0
112 7
117 7
123. 9
113
7
197 0
122 5
114 5
124 0
112 7
117 7
Pulp paper and allied products
do
Paper
do
Rubber and products
_ ___ _ -do _ .
Tires and tubes
do
Textile products and apparel _ _ ... do _ _.
Apparel
do
Cotton products
do_ ..
Silk products
_
do
Synthetic textiles
do
Wool products
_ do. .
118.4
122.4
144.6
133.9
103.9
102.3
102.3
123.2
91.5
122.0
118.4
122.4
144.3
133.4
104.0
102.1
103.3
125.3
91.7
120.3
118.2
122.8
144.1
133.4
103.3
101.7
102.8
126.0
91.4
118.0
118.3
123.7
143.1
133.4
102.1
101.7
101.0
130.2
89.9
114.4
117.7
123.8
142.0
133.4
100.6
101.6
99.6
129.1
87.3
111.8
117.4
123.5
140.6
133.0
99.9
101.2
98.6
128.4
86.7
109.2
116.9
123. 5
140.4
133.0
99.?
100.8
97.2
128.8
86.8
111.7
116.7
124.2
133.4
130.5
99.0
100.3
95. 4
129.8
88.6
112.8
115.3
123.8
130.0
129.6
98.9
99. 5
96.1
134.7
89.2
113.9
115 6
124 0
127.8
126 3
99 1
gq i
97 6
139 3
90 5
113 3
115 6
124 0
126 3
126 3
99 5
99 3
98 9
139 3
89 9
112 4
115
124
126
126
99
98
99
140
89
113
115
124
126
126
98
98
98
130
89
112
Tobacco mfrs. and bottled beverages
Beverages alcoholic
Cigarettes
107.5
105.9
105.0
108. 1
105.9
105.0
108.1
105.9
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.7
110 8
111 2
105 7
110 8
111 2
105 7
110 8
111 2
105 7
110 8
111 2
105 7
46.0
53.0
43.2
46.0
52.9
43.1
46.3
52.9
43.0
46.5
53.2
44.0
46.5
53.2
43.9
46.7
53.0
43.5
46.8
52.9
43.3
47.0
52.7
43.2
46.7
52.4
42.6
46 6
52 3
42 5
46 7
52 4
42 9
47 0
52 4
43 0
47 2
52 3
43 0
2,787
do
do
do
5
9
0
3
2
4
2
0
5
2
5
9
5
3
6
3
4
3
1
6
PURCHASING POWER OF THE DOLLAR
As measured by—
Wholesale pricesf
Consumers' prices
Retail food prices
1935-39 = 100. .
do
do
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY 9
2,624
2,366
2,174
2,088
2,332
2,516
2,743
2,945
3,027
3,095
3,098
3,011
1,818
930
832
84
1,674
840
760
1,517
719
650
56
1,463
676 j
600 j
63 i
1,617
799
710
77
1,690
849
750
87
1,811
922
810
1,925
983
865
103
1, 994
1,023
905
101
2, 037
1,047
930
99
2,030
1,049
935
96
1,988
1.924
1,048 1,033
935
925
95
90
425
200
96
126
331
415
200
92
110
303
415
209
83
110
267
406
209
75
113
263
398
202
74
123
292
386
194
73
136
313
392
188
82
157
333
404
182
92
171
359
418
181
98
183
381
430
187
101
168
376
692
66
289
88
111
72
657
63
286
91
90
62
65
625
58
275
85
90
56
61
715
55
311
100
115
65
826
54
343
109
175
68
77
932
54
356
116
250
72
84
1,020
54
375
119
310
76
86
1,058
55
373
129
335
75
91
1,068
53
369
127
350
79
90
931, 768 1,234,339
502, 416
323, 736
36,323
28,832
608,032
731,923
31,842
902, 091
296,897
605,194
45,041
63,709
50,097
33,767
50, 845
52,078
52, 909
47, 006
50,542
41, 569
885, 206 1,321,254 1, 597,517 1, 563, 660 1, 488, 850 1,511,285 1, 438, 725 r 2,039,203 r 1,310,958 1, 248. 803
338, 662 554, 050 636, 357
557,803 559, 140 618, 737 501, 258 1,269,355 r 409, 433 490. 650
r
546, 544 767,204 961,160 1,005, 857 929, 710 892, 548 937, 467
769, 848 890,525 ! 758,153
3,618
327, 706
27,611
3,262
43,016
593,007
3,325
24, 868
357, 676
3,472
24,941
301, 404
4,311
33, 345
463, 276
4,449
39, 343
562, 256
5,088
37, 346
462, 863
5,022
41, 725
551, 500
5,468
40, 979
562, 686
5,196
4, 289
5, 161
38, 912
29, 257
38, 822
519, 940 rl, 272,367 ; 470,520
number..: 31,162
thous. of sq. f t - J 47, 248
443, 884
thous. of dol
37,985
346,104
24, 204
27, 380
37, 423
337,721
29, 069
45, 380
396, 438
38, 860
65, 422
592,717
43, 447
73, 847
681, 614
55, 759
82, 579
753,755
43,012
62. 176
581, 792
43, 465
64, 003
608, 078
44,943
65, 863
627, 596
138,859
1,064
840
130,814
930
124, 885
1,429
193, 714
1,814
241,740
2,353
219, 628
2, 266
245, 969
2,680
2, 310
243, 458 . 208,887
156,369
302
297
75, 880
296
62, 479
44-1
71, 547
387
111,907
509
127,414
545
109, 589
465
97,063 !
460
82,302
134
124
166
145
132
118
161
142
136
145
156
163
196
222
171
189
203
221
168
186
200
213
172
193
194
199
177 !
196
218
192
207
193
New construction, total
mil. of dol_
Private, total
do
Residential (nonfarm)
do
New dwelling units
do
Additions and alterations
do
Nonresidential building, except farm and public
utility, total
'.
mil. of dol..
Industrial
do
Commercial
do
Farm construction
do
Public utility
_._do_...
Public, total
Residential
Nonresidential building
Military and naval
Highway
Conservation and development
Other types
do.
do.
do..
do.
do.
do_.
do..
300
109
187
76
75
411
180
97 i
180 i
371
1,033
53
375
121
320
76
88
434
189 !
104
139
360
1. 023
52
352
125
330
77
87
435
190
109
117
331
863
49
332
117
215
70
80
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
Total projects
number.
Total valuation
thous. of doL
Public ownership
do. - Private ownership
do_ _ Nonresidential buildings:
Projects
Floor area
Valuation
Residential buildings:
Projects
Floor
Valuation
Public works:
Projects
Valuation
__ .
Utilities:
Projects
Valuation
numberthous. of sq. ft.
thous. of dol.
1,233
number--j
thous. of dol J 117,809
|
310
number., j
42, 369
thous. of doL -
Value of contract awards (F. R. indexes) :|
I
Total, unadjusted
1947-49= 100. - 1
Residential, unadjusted
do
I
Total, adjusted
do
!
Residential, adjusted
do
j
Engineering construction:
Contract awards (ENR)§
141
141
156
146
j
thous. of doL- 1,024,7
829,173
166
183
164 I
174 !
788, 429 1,042, 851 1,180,34011,433,642 1,140, 654 ] 2, 310, 504 2,210,572
40,440 !! 43,312
35, 487
56,743
65,489
55,872
518, 471 ! ' 602, 313 528. 42
1,838
176,652
439
71,713
1,665
152,455
;
209
192 ;
207 i
191
404
85.670
1,336
195,265
!
364
63,633
200
180
209
185 i
166
174
184
181
952, 218 »1,446,381 1, 079. 879
Highway concrete pavement contract awards:©
i
5,411
3,487
3, 757 I i 4,159
723 !
5, 386 i
6,702 !
7,047 :
6. 587
6,081
TotaL
thous. of sq. yd.
621
427
791 !
671
M13
238
843 !
729
1,070
Airports
do _ _ .
988
3,289
1,497
1,814
12,197
2.901
3,128
3,401
!
2,657
2, 652
Roads
do__1,369
1,856
1,695
1,271 i i 1,549
2,248
2,783
2,803
3,201
2,359
Streets and alleys
do.. _
r
l
Revised.
Data include some contracts awarded in prior months but not reported.
d"For actual wholesale prices of individual commodities, see respective commodities.
JSee note marked " t" on p. S-5.
fRevised series. Purchasing-power data are based on revised price indexes shown on p. S-5; for revisions through 1951, see p. 24 of the June 1952 SURVEY.
reflect use of new base period; revisions prior to 1951 will be shown later.
9 Revisions for January-March 1951 (except for grand total, total public, and military and naval, which have been further revised) are shown at bottom
SURVEY; revisions for 1947-50 and for January-August 1951 (for the three series aforementioned) will be shown later.
§Data for November 1951 and January, May, July, and October 1952 are for 5 weeks; other months, 4 weeks.
©Data for November 1951 and January, May, July, and October 1952 are for 5 weeks; other months, 4 weeks.
4. 382
39. 788
461,476
5,537
1,691
1,051
2,795
5.258
1, 512
1,486
2,259
2. 571
390
1.193
988
Indexes of contract awards
of p. S-4 of the June 1952
SUEVEY OF CUKKENT BUSINESS
January 1053
1952
19 51
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November
S-7
December
January
February
March
April
May
June
July
August
September
October
November
CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(U. S. Department of Labor)
number _ _
Urban building authorized (U. S. Dept. of Labor):
New urban dwelling units, total
number. Privately financed, total
do
Units in 1-family structures
._
do _
Units in 2-family structures
do
Units in multifamily structures
do
Publiclyfinanced,total
...
do-- Indexes of urban building authorized:t
Number of new dwelling units 1947-49 = 100
Valuation of building total
do
New residential building
do
New iionresidential building
do
Additions alterations and repairs
do
r
74, 500
60, 800
64, 900
77, 700
103, 900
106, 200
109, 600
103, 500
102, 600
99. 100
100, 800
101, 000
i 86, 000
34, 989
32, 681
27, 781
1,766
3,134
2,308
27, 807
26, 782
21, 224
1,700
3, 858
1,025
37, 659
34, 374
28, 376
2, 386
3, 612
3,285
45, 676
43, 163
34, 978
3,017
5,168
2,513
57, 937
49, 845
40, 139
3,469
6,237
8,092
64, 867
56 241
45, 938
3,558
6,745
8,626
61, 436
53 372
43, 644
3,532
6,196
8, 064
55, 075
48 850
41, 084
3,060
4,706
6,225
52, 126
50, 584
41, 804
2,930
5, 850
1,542
49, 250
47, 832
38, 867
3,292
5,673
1,418
53, 296
51, 878
42, 352
3,078
6,448
1,418
54, 475
52, 347
42, 620
2,713
7,014
2,128
41, 214
37, 975
30, 745
2,447
4,783
3,239
76 5
97 8
97.7
r
103 3
T
85.5
61
77
75
80
75
3
0
3
5
5
82
91
99
80
87
100 9
107 5
126 2
81 4
97 4
130.1
140 7
166 1
110 3
115 1
142 5
152 3
183 8
115 6
118 6
129 5
147 0
171 2
113 5
133 2
121 8
157 0
161 7
152 7
149 4
116 0
145 6
150 9
139 9
138 7
108.2
133 8
139.4
128 6
124 6
117.1
143.0
155.2
127.8
132.9
119.9
147 8
161.2
132 9
131.9
117.6
117.5
374
118.4
118.3
118.6
374
119.5
119.7
120.8
383
121.8
122.4
122.7
383
122. 6
122.5
r
r
1
8
7
8
8
CONSTRUCTION COST INDEXES
Department of Commerce composite t_ 1947-49 = 100-.
Aberthaw (industrial building)
1914 = 100
American Appraisal Co.:
Average, 30 cities
1913 = 100
Atlanta
_ ... _
do
New York
_ _ do
San Francisco - .-_ -_ - _ _
- do _
St Louis
do
Associated General Contractors (all types) .--do
E. H. Boeckh and Associates, Inc.:§
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete- -U. S. avg. 1926-29=1 00. .
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 .•fc?1
Building
.1947-49 = 100.Construction
do
Bu. of Public Roads— Highway construction:
Composite standard mile
1925-29 ~ 100
538
562
548
494
532
378
539
573
548
494
533
380
542
581
549
497
535
380
543
581
550
497
535
378
544
582
551
498
537
378
545
582
552
499
541
379
548
584
554
504
543
381
550
588
554
504
544
382
555
600
554
513
549
391
558
602
555
513
549
393
561
604
556
514
551
394
562
604
557
521
551
397
564
604
572
521
551
398,
235.1
236.4
246.9
235.9
237.2
246.9
237.0
237.9
248.0
236.7
237.4
247.8
237.2
237.7
248.0
238.3
238.5
248.9
239.4
239.2
249.5
242.1
241.3
251.9
243.5
242.9
252.7
245.3
244.5
253.8
246.0
245.2
254.4
246.4
245.5
254.2
246. 4
245.3
253. 4
236. 9
236. 5
242.5
251.1
221.5
237.7
237.0
242.7
250.5
221.9
239.2
238.0
243. 8
251.9
222.6
239.0
237.9
243.7
251.5
222.4
239.7
238.3
244.0
251.5
222.7
241.0
239.3
245.1
252.1
223.3
242.2
240.7
245.8
252. 8
226.1
245.3
243.4
247.8
255.8
226.4
246.8
245.7
248.8
256.4
229.5
248.6
247.5
249.8
257.0
231.2
249.4
248.5
250.5
257.3
232.2
249.8
248.2
250. 5
256.8
232.4
249.7
248.0
250. 0
255. 8
232. a
247.3
245.7
247.3
245.4
248.5
246.5
248.3
246.2
248.5
246.2
249.4
246.9
250.0
247.4
252.5
249.8
253.3
250.4
254.2
251.1
254.8
251.5
254.6
251.2
253. 8
250.3
120.0
120.9
120.0
120.9
120.1
121.3
120.5
121.5
120. 6
122.3
121.3
123.0
122.0
124.0
122.6
126.0
124.9
128.9
125.6
129.5
125. 6
129.9
126.0
129.9
125.8
129.7
169.1
166 7
174.9
171 8
CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unad justed
1939 ~ 100
Adjusted
- do
157 3
158.7
134 6
152.3
139 8
163.7
140 0
169.7
150 8
159.6
156 9
157.8
157 6
149.0
149 9
140.1
r
149 8
r 140. 8
T
173 4
'153.2
177.5
165.1
v 183. 4
* 165. 5
REAL ESTATE
Home mortgages insured or guaranteed by —
Fed. Hous. Adm.: New premium paying
124, 701
159, 063
123, 807
125, 629
147, 208
125, 363
127, 751
134, 248
thous. of doL. 140, 528
185, 442
157, 428
147, 057
162, 487
301, 276
235, 651
244, 042
267, 958
242, 103
202, 758
195, 987
243, 087
308, 639
189, 189
220, 008
Vet. Adm.: Principal amount-..
-do
202, 746
217, 292
Federal Home Loan Banks, outstanding advances
589
581
806
665
612
591
781
653
656
752
687
715
to member institutions
mil of dol
New mortgage Joans of all savings and loan associa514,
098
404,
033
549,
140
522, 681
400,
443
427,
835
586,
035
586, 842
595, 994
658, 787
617, 431 616,352
tions, estimated total - thous. of dol__ 430, 482
By purpose of loan:
182,
636
125,
287
115,
168
171,907
163, 074
128,
665
131,
487
197,
525
191,
812
207,
589
190, 039
199, 720
Home construction.-- _. _ _ _
.
do_-_
192,667
213, 723
182, 710
183, 733
185, 920
238, 587
251, 884
264, 692
202, 159
257, 069
243, 112
303, 107
279, 192
285, 337
Home purchase
do
49,
104
37,
322
37,
906
43,
397
49,
446
50,
076
49,
595
53,
014
42, 379
37, 920
54, 597
Refinancing .
_ . . . _ - . . _ _ - do._
50, 850
50, 457
12, 895
15, 033
15, 567
18, 959
21, 797
24, 452
14, 785
25, 065
Re pairs and reconditioning- __
do
24, 238
20, 148
24, 625
25, 997
26, 097
45,
819
51,
464
48,
603
60,
405
56,
674
46,
953
All other purposes
do
62, 098
64, 128
63, 184
67, 497
53, 968
63, 044
61, 794
Xew nonfarm mortgages recorded ($20,000 and
under), estimated total
thous. of dol 1, 366, 073 1, 308, 151 1, 298, 254 1, 270, 908 1, 393, 317 1, 482, 161 1, 511, 488 1, 512, 734 1, 590, 319 1, 597, 783 1, 587, 523 1, 727, 343 1, 492, 000
11.6
11.1
11.5
11.7
11.0
11.1
12.1
11.3
Nonfarm foreclosures, adjusted index 1935-39=100.
12.4
11.1
11.7
72, 254
74, 155
69, 925
67, 380
60, 064
68, 206
62, 354
Fire losses
thous. of dol. _
58, 585
61, 675
65, 129
63, 958
56, 462'
58, 949
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
435
Combined index
1935-39=100
427
Business papers..
_
_ _ _ ...do
470
483
347
357
Magazines
do
304
Newspapers
do
317
r
374
352
Outdoor
do
253
Radio
do
258
117.2
144.9
Tide advertising index, unadjusted t-- 1947-49= 100- .
Radio advertising:
Cost of facilities, total
thous. of dol
14, 377
14, 619
464
339
Automotive, incl. accessories
_ _
do
3,699
3,751
Drugs and toiletries
- . _ _ _ do ...
274
Electric household equipment
do
147
Financial
. . . . do
315
326
4, 090
Foods, soft drinks, confectionery
do
4,127
445
512
Gasoline and oil
do .
1,546
1,432
Soap, cleansers, etc
do
Smoking materials
do
1,841
1,794
All others .
_ _ _ _ _ . . . . . do _ _
2, 102
1,793
l
Data for December 1952, 76,000.
453
481
379
293
346
244
115.6
447
487
369
304
401
253
127.7
438
511
371
300
362
248
141.3
439
514
404
294
362
247
153.2
433
515
388
310
354
236
154.1
436
520
362
329
372
241
140.8
445
554
403
327
359
226
114.2
456
548
369
310
383
254
111.2
456
547
387
318
344
264
141.9
475
529
420
340
378
268
165.4
14, 520
407
3,993
224
359
3,917
475
1, 592
1,772
1,781
13, 561
276
3,691
204
353
3,792
447
1,482
1,590
1,726
14, 520
329
3,949
204
348
3,862
493
1,558
1,632
2,145
13, 948
319
3,847
171
356
3,802
431
1,624
1,596
1,801
13, 970
370
3,885
153
365
3,734
424
1,698
1,546
1,795
12. 972
345
3,612
251
343
3,233
452
1,660
1,416
1,659
9,557
196
2,658
340
338
2,604
381
1,079
700
1,263
10, 941
256
3.010
316
367
2,971
434
1,250
'12,854
323
' 3, 283
'304
331
3,319
452
15, 262
394
4,225
431
308
3,673
371
1 , 645
1,292
2.925
1, 559
r 1 , 595
1,042
2,206
473
570
408
330
371
256
157.6
prior to February 1951 for urban building and
d 1939-51 (monthly) are shown
riod and other major changes,
at the beginning of each month
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the j v-ovprn
1951 Statistical Supplement to the Survey
" ber
Jjinuary 1953
1952
1951
December
January
February
March
April
May
Juno
July
August
September
Octob
Xovember
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Magazine advertising^
Post total
thous of dol
\pparel and accessories
do
Automotive incl accessories
do
Building materials
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
do
Beer wine, liQuors
do
All other
51, 515
3,119
4,925
2,842
7,051
7,660
2,331
35, 240
862
3,702
1,388 i
5,816
5,695 |
1,977
38, 442
3,588 i
3.671 1
1,549 1
5, 456
5, 472
1.672
56. 978
6, 469
4. 366
3. 127
6,653
6,883
2,388
63. 494
5. 250
4, 775
3.139
7. 556
9.047
2.924
3,970
2,709
3, 769
1,356 ;i
1,357
15,748 !
4,401
3, 644
3,872
1,466
1,259
15,199
5,004
3, 867
4,016
1.376
1,395
15, 564
3,407
1,788
3,572
941
1, 566
12, 311
1, 646
579
2,643
745
1,198
8,989
1,375
979
2, 861
774
1,398
9,648
3. 688
2', 747
3,774
1. 266
1,437
14. 182
4. 590
4,015
3.981
1 . 5f)9
1.480
15.228
4,855
4, 468
4, 093
3,213
3,133
3, 960
4, 798
4,898
184, 640
46, (521
138,019
7, 889
2,282
25, 749
102, 100
213, 228 i 218, 407
52. 790
52, 943
165,617
160,285
8, 553 !
9, 5(55
2,756 i
3,133
31, 742
30, 203
121,177
118,773
225, 606
56, 670
168, 936
10. 457
2, 684
33, 444
122,352
209, 251
52, 744
156, 506
10, 288
2, 762
31,251
112, 204
175, 447
47, 979
127.468
7,351
3, 046
25, 674
91,398
186. 555
52, 741
133,814
7,781
1,894
22, 061
102, 077
214, 509
54, 124
160, 385
7, 367
2, 596
29, 711
120. 709
245,004 !
56,593 i
188,410
10. 383
2,518
39,411
136, 098
234, 873
52, 399
182, 474
10, 734
2,400
34, 359
134. 981
6,948
124, 086
8,025
147,902
7,255
132, 616
6, 719
123,981
6, 511
122, 134
6, 242
119, 289
6, 174
119,935
6,711
127, 034
6. 764
1 25. 622
6, 275
114,728
3, 333
2, 985
805
5, 698
6, 247
4,443
31, 904
1,673
2,476 i
1,208
4,543
4,692 ;
1, 590
44, 629
3,108
2,878 '
1,919
6,107
7,147 !!
2,290
60,247
5,420
5,095
3,054
7,065
7,854
2,851
3,839
3, 506
3,309
1,361
1 170
14, 722
3,136
2,099
2,891
854
1 . 532
12,028
762
1,176
2,372
736
1,088
9, 588
2,167 |
1,521
2,887
971 !
1,209 1
12, 424
4,129
3, 346
3, 466
3,985
do
do
do
_ _ .- do.
do
_do_
do
230, 083
47, 780
214.041
182,304
171,043
9,519
2,417
34, 510
135, 858
6, 559
2, 526
25, 044
136,915
178,077
46, 345
131,731
8, 208
3, 663
21,020
98, 840
thousands
.thous. of dol
6,878
1 21 , 892
124,214
7, 268
130.038
__
do
linage total
60,016 !
4,735
5,237
3, 296
6, 166 ;
6,742
2, 619
46,113
Household equipment and supplies
do
Household furnishings
do
Industrial materials
_ _do
Soaps, cleansers, etc _ _ _ . do.. -
thous of lines
Newspaper advertising:
Linage total (52 cities)
Classified
._ Display total
Automotive
Financial
General
Retail
42, 998
!
59, 648
5,029
4,999 :
3,683 i
6,469 :
7,150
2, 477
55, 520
4,232
3, 635
1,937
6, 674
7,881
3,254
;
i
i
!
4,299
POSTAL BUSINESS
Money orders issued (50 cities):
Domestic:
Number
Value
_
7,271
PER SON A L CON SUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates :J
Automo nes an { c _ r urniiurc cuiu i oiihi OH tq i
pi
th
H Miot!5_.
h
' . -^
i loinirik
ana
i ooci an aic
<.K
irasonne ana. on.
_
L, m
i tI
1U >
_
.
c
1
- .
_ .
-,
-
iiousc OKI 01 en o
p®
K~ ~
p -, \ ,.
T <
t t°
Atb !
'•
_
~
""
210.5
213.2
214.9
215 0
25 3
9 5
1L6
4.3
25 2
9.6
11.3
4.3
26. 4
11.3
10.8
4.3
24.2
8.8
11 9
4.3
116.2
20. 7
70 4
5. 6
2 0
4.9
12 5
118.0
20 6
71.8
59
2.0
5.2
12.5
117.8
20.0
72.3
6.0
2.0
5.1
12.4
118. 9
20. 3
73 2
6. 1
2 1
5 1
12. 1
69 0
10 6
70.0
10.7
9
29
4.2
4.1
5.9
22.3
70.8
10.9
23.2
4.2
4.1
5.8
22.5
71.9
10.9
23. 5
4.3
4. 3
59
22.9
99 5
-,
i
d
c\ ~ ~
4.1
4 0
57
22.0
RETAIL TRADE
All retail stores :f
Estimated sales (unadjusted), total.. .mil. of dol. _
Durable-goods stores
do
Automotive croup
do
Motor-vehicle, other automotive dealers
mil. of doL.
Tire, battery, accessory dealers
do
Furniture and appliance group
do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores
._
do
Lumber, building, hardware group. . ..do
Lumber, building-materials dealers, .do
Hardware stores
.. . _ ..do
Nondurable-goods stores
do
\pparel group
. -do
Men's and boys' wear stores . _. _ _ d o _ ..
Women's apparel, accessory stores
do
Family and other apparel stores
do
Shoe stores
do
Drug and proprietary stores
_ . do
Eating and drinking places
do
Food group
do
Grocery stores
do
Gasoline service stations
do
General-merchandise group
do
Department stores, excl. mail-order, .do
Mail-order (catalog sales)
do
Variety stores
do
Other general-merchandise stores
do
Linuor stores
.
do
15,375
4, 543
1,961
1 1 , 844
3, 793
1,974
11, 744
3, 867
2, 020
12,736
4. 139
2, 180
13, 396
4, 573
2, 372
14,350
5. 224
2, 826
13,814
5, 122
2, 757
13, 396
4, 627
2,374 I
13, 448
4,410
2, 103
1,880
157
789
454
334 '
125
799
562
236
1,778
183
921
515
405
319
784
493
291
1.840
134
635
362
273
87
633
467
166
1 , 899
121
618
352
266
80
673
503
170
2, 048
132
629
373
256
82
742
552
190
2,219
154
647
392
255
90
869
640
229
2,647
179
738
456
282
117
941
697
244
2,582
175
740
442
298
108
939
706
233
2,200 i
174
713
419
294 j
95
923
709 i
214
1, 929
174
754
468
286
104
905
689
216
2. 179 :
174
75 ">
445
311
100
924
700
224
r
9,156
989
258
385
210
137 \
372
1,031
10,832
1,380
381
512
311
176
490
1,047
8, 050
692
169
286
140
97
366
958
''610
140
262 !
117
91
383
946
8, 596
779
165
336
152
126
379
1,002
8,823
910
186 i
380 1
180
164 I
370
992
9,126
871
192
352
172
154
386
1,059
8,692
832
198
308
178
148 |
380
1,064
8, 769
700 !
161
142
124
388
1,130
9,038
770
163
316
156
136
392
1,149
8, 950 i
910
196
365
184
165
374
1,114 •
3,418
2, 736
816
2,515
1,358
155
486
517
347
3,083
2,489
726
1,190
652
90
174
274
210
3,026
2,467
716
1,164
616
93
191
263
225
3,253
2,627
762
1,324
730
94
214
286
240
3,248
2,601
781 !
1, 467 i
815
99
244
309
241
3, 419
2,792
834
1, 531
871
94
240
325
266
3,228
2, 644
847
1,444
808
98
224
314
235
3,397
2, 764
905
1, 269
667
86
212
304
254
3,453
2,820
915
1,450
783
104
236 1
328
260 i
3, 242
2, 641 !
' 866
1, 523
'857
117 1
225
324
250 i
13, 391
4, 235
2, 037
3,220
2,577
'
i
784
1,798
993
156
257
392
247
!
13, 620 'r 14. 819
5. 116
4. 670 i
2, 353
' 2, 681
2, 509 '
14.038
4. 599
2, 370
728
'233 i
2, 213
158
820
490
330
138
832
605
228
r
r
9. 703
1, 023
' 240 '\
Mil
'221
' 151
M01
r
1, 122 i
9,440
980
244
382
217
137
394
1, 060
r
r
3,398
2. 754
857
1. 771
975
137
261
398
295
r 172
T
834
' 495
r
339
r
123
' 961
T
3, 440
2.r 787
902 !
' 1, 773
'979 !
137
' 258
'398
'283
• Revised.
t Unpublished revisions for magazine advertising for January, February, March, and October 1950 and January, February, September, and October 1951 are available upon request.
Revisions of personal consumption expenditures (1949-51) are shown on p. 20 of the November 1952 SURVEY.
t Revised series. Beginning with the September 1952 SURVEY, retail sales data have been replaced by a new series based on new sampling procedures developed by the Bureau of the Census.
The new estimates begin with January 1951: see pp. 16 fit. of the September 1952 SURVEY for figures covering the entire year 1951 for both the new and old series and for discussion" of the new
data.
S-9
SUEVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
Septem-
ber
October
Novem-
' 14, 187
13, 991
4 838
2 609
2,444
165
775
460
315
ber
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All retail stores— Continued
Estimated sales (adjusted), total f
mil. of dol__
Durable-goods stores
do
Automotive group
__ _
do
Motor-vehicle, other automotive dealers.do
Tire, battery, accessory dealers
do
Furniture and appliance group
do _ _ _
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
13, 239
4,352
2,230
2,075
155
727
422
305
13, 067
4 251
2,143
1,992
151
705
419
286
13, 154
4 366
2,134
1,968
166
746
436
310
13, 406
4 611
2,313
2,147
166
741
430
310
13, 020
4 314
2,099
1,938
161
714
423
291
13, 348
4 496
2,304
2,148
156
685
412
274
13, 838
4 931
2,672
2, 505
166
726
433
294
14, 000
4 887
2,571
2,407
163
768
450
318
13, 648
4 494
2,258
2,102
156
744
435
308
13, 343
4 200
1,922
1,758
164
745
448
297
13, 558
4, 508
2,297
2,129
168
726
415
310
121
773
548
225
117
780
554
226
119
813
591
222
117
889
662
226
117
860
633
226
117
853
632
222
122
837
620
217
118
873
647
226
120
869
660
209
122
859
642
217
121
831
614
217
8,887
875
212
349
172
142
389
1,049
8,816
869
200
350
179
140
392
1,033
8,788
871
205
348
182
136
391
1,037
8,795
836
198
340
165
133
394
1,058
8,707
823
193
328
171
130
389
1,038
8 851
854
188
353
179
135
387
1,039
8 907
848
196
335
181
136
386
1,064
9,113
910
203
357
207
143
390
1,060
9,154
876
208
349
182
138
389
1,069
9 142
889
204
359
187
139
394
1 067
9 050
865
210
344
169
142
384
1 048
r 9 341
r 925
r
224
r
359
••193
r 149
r 399
3,226
2,611
787
1,565
861
114
244
346
223
3,210
2, 597
791
1, 538
837
109
237
355
225
3,202
2, 589
794
1,503
828
108
237
331
242
3,200
2, 586
801
1, 506
815
110
243
339
252
3,202
2,587
797
1,455
803
100
238
314
247
3,271
2 636
810
1 474
800
105
244
325
263
3,256
2 641
805
1,537
853
109
252
323
269
3,341
2,728
820
1 584
877
116
254
338
270
3,402
2 756
832
1 526
826
Ml
251
331
273
3 345
2 713
841
1 607
891
115
261
340
263
3 398
2 768
846
1 509
833
107
246
322
267
r 3 418
T i g29
'898
114
T 259
'357
T 278
3 340
2 727
862
1 579
876
108
242
346
260
__
22, 003
9,843
12, 160
19, 530
9,200
10, 330
19, 685
9,436
10, 249
20, 335
9,625
10, 710
21, 228
10, 030
11,198
21, 103
10, 128
10, 975
20, 542
9,689
10, 853
19, 825
9 229
10, 596
19 209
8 621
10 588
19 279
8 314
10 965
20 434
8 739
11 695
r 21 564
r 9 125
r 12 439
22 129
9 442
12 680
Adjusted, total
do
Durable-goods stores
__ _
do_ __
Automotive group _ _ _ _ _ _ _ _ _ _ d o
Furniture and appliance group
do
Jewelry stores
do
Lumber, building, hardware group _ _ d o
Other durable-goods stores-- _
_ do
20, 818
9,797
3,170
1,882
492
2,439
1,814
20, 754
9,726
3,176
1,902
508
2,327
1,813
20, 681
9,775
3,129
1,846
507
2, 471
1,822
20, 625
9,789
3,141
1,788
496
2,539
1,825
20 321
9,583
3,106
1,709
488
2,494
1,786
20, 477
9,624
3,200
1,713
488
2,429
1,794
20 069
9,112
2,888
1,667
479
2,380
1,698
20 125
9,030
2, 864
1,625
494
2,364
1,683
20 127
8 749
2 591
1,707
488
2,332
1 631
19 745
8 626
2 564
1,701
480
2,273
1 608
20 281
8 956
2 875
1,693
486
2,233
1 669
r 20 652
r 9 175
r 3 093
' 1, 643
20 966
9 467
3 285
1,662
496
2,259
1 765
Nondurable-good stores
_ _ _ _ _ _ do_ _.
Apparel group
do
Drug and proprietary stores
do
Food group
do
General-merchandise group
do
Other nondurable-goods stores
do
11, 021
2, 635
771
2,043
3,252
2,320
11,028
2,581
10, 836
2,537
773
2, 036
3, 256
2,234
10, 738
2,436
770
2,096
3,248
2,188
10, 853
2,503
782
2, 057
3, 296
2,215
10, 957
2,583
777
2,023
3,295
2,279
11, 095
2 636
760
2,110
3,271
2,318
11 378
2 714
790
2 080
3 358
2,436
11 119
2 700
765
2 001
3 276
2,377
11 325
2 748
752
2 099
3 351
2,375
r 11 477
2,092
3,248
2,335
10, 906
2,517
766
2,011
3,382
2,230
T 3 383
r
2, 387
11 499
2 805
son
2 097
3 416
2,381
2, 553
185
22
73
52
58
49
30
3,214
270
32
109
76
84
50
30
2,094
128
14
49
38
58
49
20
2,090
119
13
47
37
58
46
22
2,307
157
17
63
48
59
48
26
2,440
198
19
77
67
59
51
24
2,586
176
17
73
57
60
53
31
'2,423
173
18
67
60
59
52
26
2 334
132
12
57
45
59
54
23
2 504
142
11
63
48
60
54
26
2 476
175
15
68
60
58
54
26
r 2 744
2 (5(j9
r 191
r 2]
101
838
363
1,196
479
524
226
533
224
604
269
705
318
741
365
711
343
618
284
719
326
128
203
919
63
46
187
385
1,018
52
65
77
135
905
49
35
76
146
897
51
36
89
160
970
53
40
107
187
930
63
47
109
180
1,023
71
55
105
170
908
73
59
91
163
954
72
56
.do ._
do
do
do
do
-do _
do
-do
2,432
178
19
70
54
60
50
27
2,423
177
18
73
52
60
48
22
2,411
171
17
68
52
61
50
26
2,417
164
18
64
52
62
49
26
2,352
156
16
61
51
60
48
28
2,442
170
17
68
53
62
51
26
2,469
164
17
67
52
61
53
30
2,553
174
18
70
57
62
52
28
General-merchandise group
_
do _
Department stores
do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil of dol
Variety stores
do
Grocery stores
-do _
Lumber, building-materials dealers
do
Tire, battery, accessory stores
do
725
313
713
294
715
336
723
336
680
311
720
322
741
343
115
192
931
60
47
129
188
936
63
47
93
184
927
61
51
98
185
919
72
50
98
179
919
68
46
113
187
937
65
49
108
189
936
66
52
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers. _do
Hardware stores
do
Nondurable-goods stores
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- ... ._ -_
do
do __
do
do- _ _
do
do _ _
do
do ._
Food group
_
_- - do
Grocery stores
do
Gasoline service stations
_ do
General-merchandise group
do
Department stores, excl. mail-order _ _ do
Mail-order (catalog sales)
do
Variety stores
do
Other general-merchandise stores
do
Liquor stores
do
Estimated inventories:^
Unadjusted, total
Durable-goods stores
Nondurable-goods stores
__
___do
_ _ _ do
do
_
Firms with 11 or more stores:!
Estimated sales (unadjusted), total
do
Apparel group
do
Men's and boys' wear stores
__
do __
Women's apparel, accessory stores
do
Shoe stores
_
_do_ _
Drug and proprietary stores
do
Eating and drinking places
_ _ _ _ do _
Furniture, homefurnishings stores
do
General-merchandise group
do
Department stores
do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
._
_ ..mil. ofdoL
Variety stores
_
-do
Grocery stores
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores
do
Estimated sales (adjusted), total
_.
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
_
Eating and drinking places
Furniture, homefurnishings stores
' Revised.
fRevised series; see note marked "f" on p. S-8.
cTData represent new estimates adjusted for comparability with the new series of retail sales,
series (1949-51), see pp. 14 ff. of the November 1952 SURVEY.
r 4 846
r
i 648
' 2, 494
T 154
T
752
'448
'304
r 129
'833
'618
r 215
r I 062
r 9 770
r 354
r
r PJOO
2, 229
r 1 710
r 2 817
T 799
r 2 091
132
849
622
227
9 153
870
202
352
177
139
405
1 056
'76
53
62
56
30
21
73
49
60
51
33
735
346
' 856
396
830
363
112
183
999
76
57
100
180
930
78
49
r 131
' 201
' 1 015
81
54
2 511
168
19
71
54
60
54
25
2 562
174
18
73
57
62
53
26
2 537
167
16
65
55
61
54
24
r 2 613
r 178
r 18
766
351
726
325
758
332
723
327
T 777
350
113
193
959
68
56
99
192
984
66
47
117
202
985
69
52
100
197
1 008
62
49
T i 009
62
52
For the new estimates for December 1950
71
53
61
' 54
' 28
' 118
2Q9
135
203
1 020
69
49
o K47
173
17
71
50
62
53
31
722
314
118
188
1 013
68
52
and the entire year 1951 and for revisions of the old
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1951
November
January 1953
1952
December
J anuary
February
March
April
May
June
July
August
September
October
November
DOMESTIC TRADE— Continued
RETAIL TRADE— Continued
Department stores:
Accounts receivable, end of month :f
Charge accounts
1947-49—100
Instalment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent
Instalment accounts
do
Sales by type of payment:
Cash sales
percent of total sales _
Charge account sales
do
Instalment sales
do .
Sales, unadjusted, total U. S.f
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
_
New York
Philadelphia
Richmond
St. Louis
San Francisco
1947-49=100.do
do ....
do
do..
do
do
. -do ._
do.
_ . do . .
do
_ . .do. _
do
Sales, adjusted, total II. S.f
Atlanta
Boston
Chicago
._
...
Cleveland
Dallas
Kansas Citv
Minneapolis ._
New York
Philadelphia
Richmond
St Louis
San Francisco
Stocks,
total U. S., end of month:f
L T nadjusted
Adjusted
136
182
177
197
142
190
124
182
117
178
121
175
122
176
120
178
107
177
108
180
118
190
128
201
138
211
50
21
45
19
47
19
45
18
48
20
46
18
48
19
46
18
46
17
46
17
47
18
50
18
48
17
47
43
10
49
42
9
48
42
10
48
42
10
48
42
10
48
43
9
47
43
10
47
43
10
48
41
11
48
41
11
46
43
11
46
43
11
47
42
11
134
140
129
133
140
144
131
120
'130
r
145
' 147
130
184
204
188
176
181
203
185
166
179
185
192
168
189
83
90
81
81
87
95
86
72
80
81
80
81
83
83
93
75
80
83
93
85
83
82
82
83
80
86
92
110
87
89
95
105
93
80
85
97
96
89
90
103
118
103
99
104
114
104
100
94
103
110
101
104
108
122
102
104
105
125
112
105
95
108
115
106
114
105
117
103
103
105
116
106
96
95
102
114
103
108
84
96
73
82
82
104
93
84
69
76
87
81
96
98
115
83
97
99
114
110
103
76
86
100
98
111
112
126
111
110
110
128
115
108
100
110
121
110
115
119
132
111
116
119
134
120
124
110
120
128
-121
117
P 132
145
*127
129
139
144
v 132
122
123
143
140
126
136
108
119
102
105
115
122
115
97
100
110
114
111
106
106
112
100
104
108
115
106
113
100
110
109
100
108
105
114
104
103
106
115
105
94
97
109
114
99
103
103
116
99
100
104
114
104
98
96
102
108
98
106
108
127
101
104
103
128
112
104
96
107
116
102
118
111
138
103
105
112
132
114
100
98
107
122
111
114
105
120
106
97
105
123
114
104
95
106
106
99
110
114
131
109
111
113
127
119
115
102
115
110
116
106
121
101
103
105
119
108
98
95
105
112
104
114
115
126
109
113
116
128
113
110
105
114
r
!20
114
118
»112
128
P 105
108
113
129
v 117
108
98
109
114
106
128
r 126
do. .
do
do _ _
_ . .do. _
do
do
do
. -do.
do
- _.do _
do
do
do
113
122
106
111
114
129
116
107
r
!03
r
l!0
109
* 119
109
120
106
109
109
122
113
104
103
105
109
107
108
_-
••132
117
108
119
106
118
113
116
120
115
122
116
120
118
112
118
110
120
114
118
124
120
134
120
* 136
v 120
477, 842
146, 189
331, 653
248, 926
63, 912
185,014
246,182
67, 879
178,303
279, 095
79, 273
199, 822
332, 482
93, 423
239, 059
368, 073
101,381
266, 692
354, 385
92, 345
262, 040
304, 313
82, 995
221,318
351, 558
101, 150
250, 409
373, 724
102, 462
271. 262
418,732
118,142
300, 590
391, 569
108, 525
283, 045
499.6
453.7
534.4
468. 5
606. 5
340.8
314.0
386.4
315. 7
386.8
248.5
228. 4
273.8
236. 3
276. 8
328.3
301.3
342. 2
315.1
376. 1
263.3
242.7
296. 1
240.0
284.7
314.6
292.4
340.3
300.0
381.1
276.3
271.1
306.1
257.9
301.4
304.6
285.4
340.1
276.7
354.6
299.6
273.7
319.7
280.2
344.5
313.1
288.1
348. 3
287.1
368.4
283.9
253.5
301.8
269.8
327.7
316.5
282.3
364.1
304.5
365.7
308.3
280.0
345.4
286.9
370.7
345. 5
311.1
397.5
313.2
396.5
249.5
215.6
270. 5
234.6
313.6
336.3
304.5
387.0
314.1
384.3
315.6
280.7
330.8
295. 3
396.2
342.3
320.1
368.4
318.9
404.3
344.5
299 7
390^4
316.8
415.6
311.5
289.0
343. 1
294.4
363.3
378.3
356.9
445.0
366.8
410.8
316.3
310.3
348.2
312.2
365.5
432. 6
441. 5
478.0
393.7
500. 3
333.8
310.5
347.0
299.6
399. 0
9,274
2, 542
6, 732
10,150
4,904
5,246
8,786
2,412
6,374
10, 341
5,144
5,197 I
8,154
2,493
5,661
10,190
5,114
5, 076
8,108
2,579
5, 529
10, 298
5, 255
5,043
8,187
2,771
5,416
10,110
5,287
4,823
8,116
2,706
5,410
9, 855
5,161
4,694
8,240
2,728
5,512
9,761
5,005
4,756
8,596
2,718
5,878
9,665
4,809
4,856
8,699
2,646
6,053
9,735
4,814
4,921
9,523
2,983
6,540
9,925
4,824
5,101
' 10, 389
3,254
r
7, 135
' 10, 177!
4,790
' 5, 387
9,477
2,797
6, 680
10, 189
4,860
5,329
157, 768
158, 012
110,074
52, 144
57, 930
110 198
52, 208
57 990
do. _
do
r 119
Mail-order and store sales:
398, 865
Total sales 2 companies
thous. of dol
121,494
Montgomery Ward & Co
do
277, 371
Sears, Roebuck & Co
- do
Rural sales of general merchandise:
439.3
Total U. S., unadjusted..
1 935-39 = 1 00 ..
445.9
East
do
500.6
South
-do._ _
411.6
Middle West
do
456.1
Far West
_..do
339. 0
Total U S , adjusted
do
319.2
East
.
do
365. 9
South
do
313.2
Middle West
_
- . do_ __
363.7
Far West
do
WHOLESALE TRADED
Sales estimated (unadj ), total
Durable-goods establishments
Nondurable-goods establishments
Inventories, estimated (unadj.), total
Durable-goods establishments
Nondurable-goods establishments
mil. of dol
_ do. __
do
do
do
do
9,869
2,850
7,019
10, 426
4,952
5,474
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. armed forces overseas
thousands_.
155, 335
155, 548
155, 750
155, 964
156, 163
156, 371
156, 568
156,770
156, 981
157, 234
157, 505
109, 122
51, 824
57, 298
109, 200
51, 844
57, 356
109, 260
51, 852
57, 408
109, 274
51,810
57, 464
109, 274
51, 758
57,516
109, 328
51, 762
57, 566
109, 426
51, 804
57, 622
109, 556
51, 872
57, 684
109, 692
51, 948
57, 744
109, 804
52, 000
57, 804
109, 906
52, 040
57, 866
do_
do. _
do
63, 164
43, 346
19, 818
62, 688
43, 114
19, 574
61, 780
42, 864
18,916
61, 838
42, 858
18, 980
61,518
42, 810
18, 708
61, 744
42, 946
18, 798
62, 778
43, 262
19, 516
64, 390
44, 464
19, 926
64, 176
44, 720
19, 456
63, 958
44, 396
19, 562
63,698
43, 468
20, 230
63, 146
43, 196
19, 950
63 646
43, 218
20 428
do
do_
do
61, 336
42, 344
18, 992
61,014
42, 106
18, 908
59, 726
41,480
18, 246
59, 752
41,482
18, 270
59, 714
41, 586
18, 128
60, 132
41,898
18, 234
61, 176
42, 290
18, 886
62, 572
43, 326
19, 246
62, 234
43, 476
18, 758
62, 354
43, 392
18, 962
62, 260
42, 604
19, 656
61,862
42, 482
19, 380
62 228
42 404
19 824
do
do
.-do ._
7,022
54, 314
1,828
6,378
54, 636
1,674
6,186
53, 540
2,054
6,064
53, 688
2, 086
6,012
53, 702
1,804
6,412
53, 720
1, 612
6,960
54, 216
1,602
8, 170
54, 402
1,818
7,598
54, 636
1,942
6, 964
55, 390
1,604
7,548
54, 712
1,438
7,274
54, 588
1,284
6 774
55, 454
1,418
do
45, 958
46, 512
47, 480
47, 436
47, 756
47, 584
46, 648
45, 166
45, 516
45, 846
46, 208
46, 928
46, 552
EMPLOYMENT
Employment status of civilian noninstitutional
population:
Estimated number 14 years of age and over,
total
thousands _
Male
_
.-. . do_ _
Female
do
Civilian labor force, total
Male
.
Female
_
Employed
Male
Female
Agricultural employment
Nonagricultural employment
Unemployed
Not in labor force
r
r
Revised.
* Preliminary.
| Revised series. Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back to 1919 for sales by districts will be shown later. Published revisions appear as follows: Accounts receivable (1941-51), p. 32 of the July 1952 SURVEY; total U. S. sales (1919-50), p. 32 of the February 1952 SURVEY; total U. S. stocks, p. 32 of the July
1952 SURVEY.
J Data on total wholesale trade have been substituted for the series on service and limited-function wholesalers. For annual sales, 1939-48, and end-of-year inventories, 1938-48, see p. 24 of
the October 1951 SURVEY; revisions beginning 1949 appear on pp. 16 ft. of the October 1952 SURVEY.
SUEVEY OF CUKEENT BUSINESS
January 11)53
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-ll
December
January
February
March
April
May
June
July
August
September
October
November
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT—Continued
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
thousands _ _
Manufacturing
do
Durable-goods industries
do
Nondurable-goods industries
do
Mining, total _
_
do
Metal
do
Anthracite
do
Bituminous coal
.___ do
Crude-petroleum and natural-gas production
thousands
Nonmetallic mining and quarrying
do
Contract construction. _
_ do
Transportation and public utilities
do
Interstate railroads
__
do
Local railways and bus lines
do
Telephone
__
do
Telegraph
do
Gas and electric utilities
_ do
Trade
- _
Wholesale trade
Retail trade
General-merchandise stores
Food and liquor stores
_ _
Automotive and accessories dealers,
Finance
- -_
Service
Hotels and lodging places
__
Laundries
Cleaning and dyeing plants
Government
do
do
do
do
do
do
do
do
do
do
do
do
Total, adjusted (Federal Reserve)
do
Manufacturing
do
Mining
do
Contract construction
do
Transportation and public utilities. __ do
Trade
do
Finance
--do
Service
do
Government
- -do _
Production workers in manufacturing industries:
Total (U S Dept of Labor)
thousands
Durable-goods industries
do
Ordnance and accessories ._
_
do
Lumber and wood products (except furniture)
- .thousandsSawmills and planing mills
do
Furniture and
fixtures
do _ _
Stone clay and glass products
do
Glass and glass products _
_do_._
Primary metal industries.
. - -do .
Blast furnaces, steel works, and rolling
millsj
thousands
Primary smelting and refining of n on ferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands. _
Heating apparatus (except electrical) and
plumbers' supplies
thousands
Machinery (except electrical) _ _
_ do. Electrical machinery
do
Transportation equipment
...do .
Automobiles
do
Aircraft and parts
_ ._ _ . _
do _
Ship and boat building ajid repairs do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
do
46, 852
15, 890
8,976
6,914
917
105
67
368
47, 663
15, 913
9,000
6,913
916
106
67
369
45, 913
15,776
8,946
6 830
909
107
67
367
45, 899
15, 859
9, 010
6,849
902
107
62
366
46, 001
15, 869
9,035
6,834
904
107
67
363
46, 299
15, 795
9,054
6,741
896
107
60
357
46, 329
15, 654
8,991
6 663
893
107
66
348
46, 292
15 410
8,621
6 789
814
77
65
294
46, 006
15, 162
8,301
6,861
784
74
61
269
269
107
2,633
4,165
1,428
141
653
47
528
269
105
2,518
4,161
1,426
141
654
47
527
267
101
2,316
4,103
1,394
141
653
47
526
267
101
2,308
4,111
1,392
141
660
47
526
266
101
2,296
4,118
1, 395
139
664
47
526
267
105
2,416
4,096
1,404
139
648
266
106
2,522
4,131
1,416
137
669
528
529
272
106
2,663
4, 168
1,396
137
674
45
538
275
106
2,722
4,140
1,352
138
682
46
545
273
'109
2, 781
' 4 208
r
1, 394
138
r
688
46
547
266
'109
' 2, 761
' 4, 224
1, 407
136
'682
46
541
10, 109
2,657
7,452
1,701
1,295
759
1,907
4,734
430
357
157
6,497
10, 660
2,657
8,003
2,092
1,316
768
1,912
4,702
426
356
154
6,881
9,720
2,622
7,098
1,472
1,282
749
1,909
4,671
424
356
154
6,509
9,643
2,624
7,019
1,416
1,286
743
1,919
4, 667
428
354
153
6,490
9,668
2,623
7,045
1,437
1,287
738
1,937
4,681
430
353
154
6,528
9,845
2,605
7,240
1,527
1,295
737
1, 952
4,748
438
358
161
6,551
9,773
2,601
7,172
1,466
1,293
742
1,958
4,796
450
363
164
6,602
9,838
2,618
7,220
1,460
1,292
754
1,977
4,837
475
369
165
6,585
9,792
2,626
7,166
1,419
1,293
757
1,993
4,855
509
371
161
6,558
9,784
2, 637
7,147
1,410
1,287
9,960
2,641
7,319
1 507
1,293
747
1,971
4, 825
'463
'365
160
6,712
46, 482
15, 761
916
2,581
4,169
9,827
1,926
4,758
6,544
46, 608
15, 811
916
2,569
4,161
9,893
1, 931
4,749
6,578
46, 471
15, 830
916
2, 545
4, 139
9, 852
1,919
4,742
6,528
46, 594
15,877
912
2, 593
4,147
9,860
1,929
4,738
6,538
46, 552
15, 894
911
2,523
4,154
9,862
1,937
4,728
6,543
46, 556
15, 931
899
2,517
4,116
9,849
1,942
4,748
6, 554
46, 559
15, 870
894
2,497
4,134
9,912
1,948
4,772
6,572
46, 348
15, 547
810
2, 536
4,139
9, 964
1, 957
4,789
6,606
46, 170
15, 362
777
2, 544
r
4, 099
9, 965
1,964
4,783
6, 676
' 46, 970 ' 47, 239 ' 47, 338 P 47, 492
'15,924 ' 16,155 ' 16, 274 v 16, 400
P874
'868
'880
'889
r
' 2, 580 ' 2 570 P 2, 535
2, 575
' 4, 202 ' 4, 247 P 4, 234
' 4, 160
' 9, 968 P 9, 999
' 9, 971
' 9, 967
p 1, 990
' 1,989
1,981
1,973
p 4, 748
4,742
' 4, 796 ' 4, 777
' 6, 680 p 6, 712
6, 693
6, 686
12, 904
7,314
50
12,911
7,322
52
12, 766
7,264
54
12, 820
7,306
55
12, 815
7,316
56
12, 733
7, 329
58
] 2, 588
7,262
59
12, 329
6,888
60
12, 061
6,559
60
' 12 886 ' 13 246
' 7,417
' 7, 146
61
59
719
428
294
472
125
1,149
696
412
296
465
123
1,164
654
391
296
452
119
1,162
668
396
296
447
120
1,160
670
398
296
449
121
1,154
678
405
292
452
123
1,143
635
387
287
449
123
1,141
697
424
288
453
125
716
709
427
285
441
123
676
558
573
570
570
567
558
557
155
134
47
47
47
48
47
48
48
47
805
806
804
807
807
806
798
120
1,255
718
1,234
655
395
111
63
230
388
119
1,269
726
1,235
645
407
111
63
232
381
115
1,276
725
1,235
633
415
115
62
232
374
116
1,281
727
1,251
630
424
122
61
233
381
116
1,280
722
1,266
643
428
126
61
234
382
115
1,282
714
1,288
663
430
128
57
236
380
113
1,269
708
1,307
667
437
133
60
233
376
r 47, 124
16, 028
'8,916
r
7,112
r
897
r
!07
'63
'346
r
r
7^9
r
1, 993
4,r 844
505
r
369
156
6, 589
'727
' 442
'295
' 458
'127
' 1,110
r
'721
437
'303
' 462
133
' 1,155
262
'108
' 2, 699
' 4, 240
1,422
135
683
47
P107
v 2, 586
p 4, 230
' 10, 094 v 10, 285
2,682
' 2, 655
' 7, 439
7,603
1,717
' 1, 592
' 1,311
1,317
754
p 762
' 1, 969
1, 970
4,724
4, 766
425
365
163
' 6, 695 p 6, 663
' 13 337 p 13 357
' 7, 553 P 7 637
p63
'61
'701
432
'309
' 465
133
' 1, 164
540
566
567
47
48
47
46
769
726
'783
'820
'842
115
1,261
706
1,323
672
447
135
59
233
382
112
1. 203
685
1, 169
521
454
135
50
230
375
121
'1,181
708
'1,192
' 525
'466
' 134
' 57
'238
'395
125
' 1,185
743
' 1,311
664
' 446
' 135
55
'242
'414
128
' 1, 206
' 764
' 1, 367
691
475
133
57
'246
'428
5,404
5,590
5,589
5,502
5,514
5,499
5, 502
5, 326
5.441
Nondurable-goods industries
_ _ do
5,740
1,122
1,068
1, 160
1,060
1,074
1, 057
1,057
1,215
1, 138
Food and kindred products
do
1 279
252
246
244
239
233
246
234
230
232
232
Meat products
do
94
96
99
95
96
100
114
107
113
Dairy products
do
111
145
120
106
105
104
114
122
211
Canning and preserving
do
155
280
192
190
189
187
187
186
183
195
190
194
Bakery products
._
-. do .
134
146
136
138
147
136
163
146
153
Beverages
do
160
85
85
82
80
78
77
78
77
78
Tobacco manufactures
do
87
1,141
1,132
1,123
1,113
1,093
1, 131
1,081
1,083
Textile-mill products
_
... do. .
1,082
' 1, 120
544
548
518
540
527
503
507
Broad -woven fabric mills
_ . do
509
506
' 529
211
209
209
210
210
210
209
209
Knitting mills
do
212
221
Apparel and other finished textile prod1, 035
1,052
1,051
1,008
1,029
996
959
982
ucts
.
thousands.
972
' 1, 050
123
121
117
128
127
113
127
119
Men's and boys' suits and coats. . . _ . do. . .
117
128
Men's and boys' furnishings and work
233
235
233
238
239
228
239
238
240
clothing
thousands
' 249
279
296
309
306
275
252
300
Women's outerwear
do
252
269
'292
411
410
405
404
401
398
398
Paper and allied products ..
_ do .
395
403
'408
212
212
211
208
210
206
206
203
209
Pulp, paper, and paperboard mills. _. do
'209
Printing, publishing, and allied industries
520
510
508
519
507
507
thousands. .
511
507
507
'509
155
152
152
152
154
151
154
Newspapers
__
do...
154
154
154
170
171
166
166
170
167
Commercial printing .
do. .
165
167
167
165
r
Re vised.
v Preliminary.
^Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL SUPPLEMENT, will be shown later.
' 47, 727 ' 47, 826 v 47, 862
' 16, 389 ' 16, 493 v 16, 529
' 9, 336 p 9, 433
' 9, 190
' 7, 157
' 7, 199
p 7 096
'885
p875
'870
' 102
'104
v 106
63
63
'335
'344
^338
P696
^314
p 468
P 1, 175
P 856
P 1, 226
p 788
p 1, 372
P251
P 428
' 5 784 P 5 720
5 829
' 1 312 ' 1 233 P 1 162
235
237
99
104
226
'311
194
194
146
151
P 87
' 91
91
P 1, 156
' 1, 147
' 1, 138
524
' 522
228
225
' 1, 064
129
' 1, 062
128
P 1, 058
' 253
291
410
'206
255
283
'416
208
P419
514
155
166
522
155
169
r
"524
SURVEY OF CURRENT BUSINESS
S-12
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
January 1953
December
January
February
March
April
May
June
July
August
September
October
I
November
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT—Continued
Production workers in mfg. industries — Continued
Total (U. S. Dept. of Labor)— Continued
Nondurable-goods industries — Continued
Chemicals and allied products
thousands..
Industrial organic chemicals
do
Products of petroleum
and coal
do
Petroleum refinin0"
do
Rubber products
do
Tires and inner tubes
__
.. do
Leather and leather products
do
Footwear (except rubber)
do
Manufacturing production-worker employment
index, unadjusted (U. S. Dept. of Labor) f
1947-49 = 100. .
Manufacturing production-worker employment
index, adjusted (Federal Reser ve)f_ 1947-49=1 00 _ _
542
173
197
154
219
95
317
198
538
171
196
155
219
95
205
536
170
193
153
218
94
330
213
538
168
193
153
215
94
342
221
538
168
194
152
215
94
344
222
530
163
197
155
213
95
336
217
517
161
168
126
213
95
330
213
512
163
190
155
215
95
340
221
511
166
191
158
202
93
340
219
104.3
104. 4
103.2
103. 6
103.6
102.9
101.8
99.7
97.5
103.3
103. 5
103. 6
103. 8
103.7
104.0
103.4
100.8
99.2
246, 185
75, 055
118, 551
230, 985
59. 281
118,621
227, 488
59, 491
115.126
239, 087
68, 500
116,987
270, 654
99. 013
118,411
296, 941
120, 225
122,354
328, 561
141. 561
128, 338
341, 207
149, 194
131, 788
344, 947
151,418
132, 378
2,344
248
2, 359
249
2,370
248
2,381
249
2,389
248
2, 392
248
2,419
251
2.420
251
2,407
248
2,388
245
1,285
1,257
1,252
1, 255
1,265
1,277
1,257
1,214
1,256
1,272
1. 285
1,274
122.2
124.2
119.9
124.6
119.4
122.3
119.7
122.7
120.5
122.5
121.8
122.3
120.1
118.4
116.0
113.5
119.7
117.2
'121.3
' 118. 4
"122.3
P 118.3
p 121.4
p 120. 3
132.9
130.4
131.0
131.0
128.1
128.1
126.4
121.1
133.3
' 141. 7
' 143. 8
v 143. 9
40.5
41.5
43.9
41.2
42.2
45.1
40.8
41.8
44.4
40.7
41.7
44.7
40.7
41.7
44.3
39.8
40.8
43.4
40.2
41.1
43.7
40.5
41.2
43.5
39.9
40.2
42.3
40.6
'41.0
' 41.0
41.3
42.0
42.9
Ml. 4
'42. 2
M2. 5
i>41.2
Ml. 8
M2. 1
40.6
40.4
41.1
40.9
39.2
41.2
40.8
40.4
42.0
41.2
40.0
42.2
40.1
39. 5
41.5
40.6
38.8
41.5
40.6
40.1
41.5
41.0
39. 6
41.2
40.4
39.9
41.3
41.1
39. 9
41.4
40.7
40.3
40.6
40.5
38.9
39.0
41.1
40.9
40.9
41.0
39.8
39.2
42.2
42.1
41.0
40.9
39.7
40.1
40.9
40.5
40.3
40.2
38.5
39.5
Ml. 9
Ml. 6
Ml. 2
Ml. 1
r
40. 0
MOM
Ml. 7
Ml. 5
M2.0
41.2
39.7
Ml. 2
'42. 1
41.8
42.5
M2.0
40.9
Ml. 5
Ml. 6
41.0
41.9
40.8
40.6
41.4
37.4
37.4
36.8
37.7
MO. 3
Ml.O
40.8
41.1
41.4
41.5
41.6
41.8
41.5
41.9
41.8
41.9
Ml. 6
41.5
Ml. 2
41.4
42.3
41.8
41.8
41.7
40.7
41.3
40.9
39.8
MO. 8
M2.0
M2.4
40.4
43.2
41.8
40.7
39.1
43.9
39.1
40. 6
42.5
40.6
41.3
44.1
42.0
41.7
40.4
44.1
40.5
40.8
42.6
41.4
40.5
43.9
41.9
41.5
40.5
43.2
40.7
41.0
42.1
41.0
40.4
43.6
41.6
41.4
40.4
43.2
40.0
41.4
41.7
40.8
40.5
43.5
41.5
41.3
40.4
42.9
40.9
41.3
41.7
40.9
39.0
42.8
40.7
40.7
39.9
42.0
40.5
40.3
41.4
40.1
40.2
42.9
40.6
41.1
40.1
42.8
41.1
40.4
41.8
40.5
40.2
42.7
40.9
40.7
39.4
42.7
40.9
40.6
41.6
40.3
39.6
41.6
39.9
39.3
35.9
42.7
40.5
40. 1
40.7
39.8
MO. 6
M2.1
40.9
MO. 3
'38.4
M2.3
MOM
39.8
Ml. 5
MO. 7
41.4
M2.9
M2.0
M2.3
42.1
M3. 6
40.5
39.2
M2.3
41.7
41.7
'42. 9
M2.7
'42. 1
Ml. 6
' 42. 2
ML 4
42.6
42.7
39 5
39.3
M2. 4 ~"~M2.~6"
M2.3
P42. 2
39.2
42.0
44.1
43.8
37.0
41.5
40.6
39.3
37.8
37.6
37.3
39.9
42.3
44.2
44.1
38.3
41.5
40.8
39.5
39.3
39.3
37.8
39.5
41.6
42.5
44.0
38.0
41.2
40.5
38.4
38.9
39.0
37.0
39.5
41.4
41.4
43.9
38.4
41.5
40.7
36. 9
38.8
38.4
37.8
39.3
41.0
40.6
43.8
38.1
41.0
40.4
36.6
38.1
37.2
37.8
38.4
40.7
40.3
43.8
37.5
41.1
40.6
34.6
37.2
37.1
36.2
39.0
41.4
40.7
44.3
37.9
41.8
41.8
37.9
37.7
37.1
36.9
39. 5
42.1
41.1
45. 6
38.7
42.3
42.3
38.6
38.4
37.7
37.6
39.5
42.1
40.9
45.1
41.0
41.9
43.0
37.9
38. 5
38.1
38.0
MO.O
Ml. 4
MO. 2
M4. 1
MO. 2
Ml. 8
M1M
'39.1
'39.7
'39.3
'39.0
40.3
M2.1
41.3
44.5
M2. 2
41.8
MO. 7
'39.8
' 40. 2
40.0
39.3
40.3
41.7
42.0
43.7
40.7
41.7
40.2
MO. 1
' 40. 6
40.6
39.8
35.5
32.2
36.2
33.7
36.0
33.4
36.7
34.7
36.8
35.3
35.0
32.9
36.4
33.2
36.2
34.2
36.0
33.7
37.3
36.2
37.5
36.7
37.5
36.1
»37. 4
35.6
34.6
42.4
43.8
35.8
35.8
42.8
44.2
35.7
35.9
42.5
43.6
36. 5
36.4
42.4
43.6
36.7
36.2
42.6
43.8
35.8
34.2
41.4
42.2
37.2
36.0
41.8
42.6
37.3
34.8
42.4
43.1
36.8
35.0
42.4
43.4
'38.0
36.2
M3.0
M3. 6
38.3
35.8
43.5
44.0
38.8
35.0
'43. 9
44.3
M4. 1
38.7
36.7
39.9
41.8
40.4
40.7
40.6
40.5
40.5 i
35.6 !
33 9 \
39.4
37.5
40.7
41.8
40.7
41.2
41.3
41.2
41.0
37.8
36.9
38.6
35.8
40.3
41.6
40. 4
40.9
41.0
40.9 1
40.9
38.4 \
38.2
38.4
36.1
39.7
41.4
40.3
40. 8
40.7
40.5
40.6
38.7
38.6
38.7
36. 1
40.3
41.3
40.3
40.7
40.5
40.3
39.8 i
38.7
38.7
38.2
36.1
39.5
41.0
40.2
40.5
40.3
39.6
39.3
37 1 1
36^7 §
38.6
36.5
40.0
40.9
40.3
37.2
35.7
40.5
40.4
37.3
36.8
38.8
36.4
40.2
41.1
40.3
40.8
40.4
40.9
41.1
38.2
37.8
38.5
36.1
40.3
40.7
40. 5
41.3
40.8
39.6
39.8
38.5
38.3
'38.9
36.1
40.3
40.9
MO. 7
MO. 8
MO. 2
r
40. 6
40.5
'39.5
39.7
39.2
36.5
40.4
41.5
40.7
41.2
40.5
40.7
39.9
' 38. 5
38.1
Miscellaneous employment data:
Federal and State highways, total §
number. . 273, 542
99, 528
Construction (Federal and State)
do
120, 521
Maintenance (State)
do
Federal civilian employees:
2,342
United States
thousands
249
Washington, D. C., metropolitan area _. do
Railway employees (class I steam railways) :
1,293
Total
_
thousands
Indexes:
123. 3
Unadjusted
.
1935-39=100 122.2
Adjusted
do
513
168
'205
161
212
'92
-357
'232
526
168
'203
r
159
'216
'93
355
'228
r
104. 2
' 107. 1
' 107. 8
v 108. 0
r
103. 4
' 105. 3
' 106. 1
P 106. 9
r
r
'535
"535
170
'203
^202
159
'220
P223
94
' 355 ~ " " V 3 5 4 ~
224
334, 323 p 305, 795
149, 271 p 129, 133
126, 444 p 121. 337
2.383
245
r
2, 380
244
PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor) f_ 1947-49 =100..
129.8
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries
hours
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours _
Sawmills and planing mills
do
Furniture and fixtures
do
Stone clay, and class products
... do
(llass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills!
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment) hoursHeating apparatus (except electrical) and
plumbers' supplies
hours
Machinery (except electrical)
do
Flectrical machinery
do
Transportation equipment
do
Automobiles
do
Ship and boat building and repairs--- do
Riilro'id equipment
do
Instruments and tTrelated products
_ do__ _
Miscellaneous mf industries
do
Nondurable-goods industries
Food and kindred products
Dairy products
Canning and preserving
~R
<;
Tobacco manufactures
Textile-mill products
Broad-woven fabric mills
Knitting mills
._ _.do__ .
- do
do
do
do
do
do
_ - do
do
Apparel and other finished textile products
hours,.
Men's and boys' suits and coats
do —
Men's and boys' furnishings and work
clothing
hours
Women's outerwear
do
Paper and allied products
_ _ do
Pulp, paper, and paperboard mills-- -do
Printing, publishing, and allied industries
hours .Newspapers
do
Chemicals and allied products
Industrial organic chemicals
Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
do
do
do
- do
- --do _ _
do
do___
do
i
;
|
i
tRevised "series. Indexes have been shifted to new base period; monthly data for 1919-50 are shown on pp. 19 and 20 of the October 1952 SURVEY.
§Total includes State engineering, supervisory, and administrative employees not shown separately.
'39.0
36.4
40.4
Ml. 7
41.0
40.8
40.1
MO. 8
39.5
'38.1 !
37.2
Ml. 9
Ml. 5
Ml. 2
M2. 2
MO. 3
P 42. 0
P38. 9
MO. 4
"38.9
M2.2
p 40. 5
P 41. 1
P 37. 5
J See note marked "J" on p. S-ll.
1058
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-13
1951
November
December
January
February
March
April
May
June
September
October
M4 5
34.8
r
39 2
44 3
32.1
32 8
41 3
M6. 2
39 7
••43.7
r
38 7
40 7
46.3
39 6
43.5
38 7
47 0
39. 0
44 5
'41.4
M6
2
r
39.0
42
6
r
41.5
46 2
38.9
42 3
41.6
40.6
MO 8
40.8
40.4
r
40. 7
'45.2
39. 6
35.3
MO 0
45.2
39.3
34.9
39.4
45.3
August
July
November
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc. — Continued
Nonmanufacturing industries:
Mining:
Metal
_
hours
Anthracite
__
-do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
hours
Nonmetallic mining and quarrying
do__ _
Contract construction _ _
_
do
Nonbuilding construction _
__do_ _
Building construction
do
Transportation and public utilities:
Local railwavs and bus lines
do
Telephone
do _
Telegraph f
do
Gas and electric utilities
__do
Trade:
Wholesale trade _
__do _ _
Retail trade (except eating and drinking
places)*
_hours _
General-merchandise stores
. _do
Food and liquor stores
do
Automotive and accessories dealers., do
Service:
Hotels, year-round
_.do
Laundries
do
Cleaning and dyeing plants..
do __
Industrial disputes (strikes and lock-outs):
Beginning in month:
Work stoppages
__ number. _
Workers involved
thousands
In effect during month:
Work stoppages
number
Workers involved
_
thousands..
Man-days idle during month
do
Percent o f available working time
_ _ _ _ _
U. S. Employment Service placement activities:
Nonagricultural placements
thousands
Unemployment compensation (State laws):
Initial claims
-do
Continued claims _
do_ _
Benefit payments:
Beneficiaries, weekly average
do
Amount of payments
thous. of dol__
Veterans' unemployment allowances:
Initial claims
thousands. _
Continued claims
do
Amount of payments
thous. of dol..
Labor turn-over in manufacturing establishments:
Accession rate. . .monthly rate per 100 employees. _
Separation rate total
do
Discharges
- do
Lav-offs
do
Quits
do
Military and miscellaneous
do
43.4
36.8
36.2
44 4
31.1
38 4
44.3
32.6
38.5
44.1
30.9
35.9
44.5
30.1
35.4
43.1
28.1
29.9
44.4
33.3
31.8
42 6
30.1
28 5
43 1
26 7
28 1
r
r
r
40.4
44.5
36.8
38.7
36.4
41.8
44.0
37.9
38.9
37.7
41.7
43.7
37.9
39.6
37.5
40.8
44.3
38.3
40.2
37.9
41.6
43.8
37.1
38.5
36.9
41.1
44.8
38.0
39.8
37.6
40.6
45.7
38.6
41.2
37.9
41.3
45.8
39.4
42.2
38.7
41 0
44.9
39 1
41.8
38 4
r
46.3
39.2
44.2
42.0
47.6
38.8
44.3
42.1
46.4
38.7
46.1
34.9
46.9
38.7
41.9
46.6
38.5
44.0
41.4
41.4
41.2
47.1
39.0
44. 5
41.2
46 9
39.3
44 8
41.5
r
r
M3.9
46.5
38.5
43.9
41.4
40.8
41.1
40.7
40.4
40.4
40.1
40.4
40 5
40.6
39.4
35.1
39.7
45.3
40.1
37.0
40.0
45.4
39.8
35.8
39.4
44.9
39.8
35.9
39.4
45.0
39.8
35.8
39.5
45.1
39.7
36.0
39.6
45.4
39.6
35.7
39.2
45.3
40.1
36.3
40.2
45.3
40 4
36.6
40 6
45.4
43.1
41.0
40.7
43.2
41.4
41.1
42.8
41.5
40.7
42.8
40.9
39.8
42.5
40.9
40.1
42.8
41.1
41.3
42.6
41.4
42.0
42.6
41.8
42.6
42.4
41 2
40.3
'42.6
r
40. 6
MO. 3
'42.3
41 2
41.1
42.6
40.9
41.4
305
84
186
82
400
190
350
185
400
240
475
1,000
475
300
425
170
425
125
450
225
475
230
425
470
250
90
521
191
1,610
.19
357
130
1,020
.13
600
250
1,250
.14
550
250
1,270
.15
600
320
1,400
.17
650
1.200
5,300
.61
675
1,200
7,500
.90
650
1,000
14, OGO
1.68
650
850
12 500
1.44
675
310
2 100
.25
700
360
3 200
.37
650
600
3,500
.37
475
220
1, 500
.19
43 9
29.2
36 2
40. 5
'46.8
39.3
'42.4
r
38 5
r
36. 5
r
r
498
426
473
427
465
566
572
581
556
588
658
641
507
948
3,817
1, 152
4,114
1,382
6,157
890
5,169
867
4,834
1,109
4,825
915
4,445
978
4, 255
1 585
4 961
733
4,301
568
2,985
679
2,746
2,576
749
68, 607
797
70, 624
1,185
116,469
1,146
105, 023
1,113
101, 564
993
94, 385
918
86, 958
918
83, 511
880
88, 612
980
95, 389
631
62, 094
530
54, 228
536
47, 730
1
3
50
1
3
57
1
4
83
(2)
(2)
3.9
4.3
.3
1.7
1.9
.4
3.0
3.5
.3
1.5
1.4
.3
4.4
4.0
.3
1.4
1.9
,4
3.9
3.9
.3
1.3
1.9
.4
3.9
3.7
.3
1.1
2.0
.3
65.85
71.05
75.68
67.40
72.71
77.62
66.91
72.15
77.26
66.91
72.18
78.76
60.86
60. 56
58.81
65.03
65.50
75.23
60.18
59.47
60. 48
65.30
66. 28
77.73
57.02
56. 56
59. 84
64.35
64.14
76.86
77.49
79. 44
69.95
71. 58
69.92
69.53
77.63
69.10
(2)
(2)
(2)
(2)
(2)
1
25
31
1
28
3.7
4.1
.3
1.3
2.2
.3
3.9
3.9
.3
1.1
2.2
.3
4.9
3.9
.3
1.1
2.2
.3
4.4
50
3
2.2
2.2
.3
67.40
72.81
78.85
65.87
71.07
77. 04
66.65
71.76
78.22
67.15
71.98
77.73
65.76
69 67
75. 55
r
59.11
58.47
60.26
65. 23
65. 54
75. 85
59.59
58. 85
60. 67
65.76
66. 59
76.55
61.13
60. 37
59.48
64.88
65. 16
71.53
59.96
60. 45
59.80
65. 85
66.78
72.17
64. 73
65. 17
60. 02
66. 09
67.37
73.38
77.93
76.53
78. 33
70.16
70.46
73. 54
73.17
74.03
73.33
74.41
71.78
71. 06
71.27
71.43
69. 64
70. 95
70.18
67.66
71. 49
79. 95
69.97
70.07
79.81
70.22
69. 85
79.70
69.93
70.35
80.00
70.43
67.74
78.62
69.03
69. 99
79.06
68.90
70. 11
78.87
69.73
68.43
76.46
67.91
3
65
3
54
2
44
1
13
(2)
2
((2)
)
690
(2)
(2)
(2)
9
6
4
5.9
4 6
.3
1.0
3.0
.3
5.6
4 9
.4
.7
3.5
.3
'5.2
4.2
.4
.7
2.8
.3
p 4.1
p3 6
67. 76
rr 72. 49
74. 09
' 70. 04
76. 06
r
80. 22
r
70. 59
76. 76
* 79. 05
P 70. 66
P 76 24
p 78. 64
63. 11
62. 94
58. 56
64. 92
65. 49
71.89
' 66. 20
f 66. 35
'60. 19
' 67. 03
* 68. 48
r
77. 77
* 66. 39
'r 66. 77
62. 33
'68.19
' 69. 32
r
82. 28
' 66. 35
66. 80
r
63. 45
' 70. 22
71.86
r
82. 59
p 62. 72
P 69. 39
70.77
72.04
' 81. 97
' 87. 54
85.35
74.36
75. 55
r
' 77. 65
76.55
r 70. 67
' 74. 42
' 75. 85
P 75. 75
rr 71. 17
77. 84
' 69. 86
* 73. 57
' 80. 27
' 72. 32
74. 52
r
80. 87
* 72. 83
P 72. 30
T
.4
v .8
v 2 2
v .3
WAGES
Average weekly 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 _
Glass and class products
do
Primary metal industries
_ ___ _ _ d o
Blast furnaces, steel works, and rolling m illsj
dollars
Primary smelting and refining of nonferrous
m etals
dollars - _
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars __
Heating apparatus (except electrical) and
plumbers' supplies
dollars. _
Machinery (except electrical)
do
Electrical machinery _. _.
_ _ __do
76. 67
r
f 64. 65
P 82. 40
P80.~75~
r
r
78.47
80.08
79.24
79.57
79.12
p 84. 62
78. 38
85. 36
* 85. 96
77.05
79.47
75.50
79.48
Transportation equipment
_ __ do
79.68
80.84
80.24
rT 77. 76
90.82
79.27
'r 88. 83
71.33
79.91
80.55
79.83
76.44
Automobiles
do. _
78.08
84.
28
79.
53
80.01
80.57
80.38
83.
14
80.36
80.
03
80 57
80 66
79 85
Aircraft and parts
do
75.01
76.24
74. 32
76.81
'r 75. 87 r 77.76
74. 76
74. 12
76.36
76. 03
71. 85
72.37
Ship and boat building and repairs. __ do
76.25
78. 55
75. 82
74. 44
75. 69
74. 83
77.79
78.12
76.11
76.49
77.81
76.79
Railroad equipment
do
r
r
70.71
71.47
71.81
p 75. 74
' 72. 04
74. 49
71.02
75. 05
71.97
71.02
70. 49
70.98
71.70
Instruments and related products
do
60.57
59.31
60. 39
P 64. 69
60.18
' 60. 68 ' 62. 93 ' 64. 13
59. 06
59.94
60.01
60.53
58.71
Miscellaneous mfe. industries
do
r
2
Revised.
p Preliminary.
1 See note "f" for this page; comparable figure for December 1951, 43.8.
Less than 500 claims.
fRcvised series. Beginning 1952, data cover all domestic (land-line) employees except messengers and those compensated entirely on a commission basis; earlier data exclude general and
divisional headquarters personnel and trainees in school.
*New series. Data beginning 1947 will be shown later.
JSee no t e marked "t" on p. S-ll.
SURVEY OF CUERENT BUSINESS
S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
19 51
November
January 1953
December
January
February
March
April
May
June
July
August
September
October
November
EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average weekly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries
dollars
Food and kindred products
do
Meat products^
_ _ ...do
Dairy products
do
Canning and preserving
_ __do
Bakery products
do
Beverages
do
Tobacco manufactures
- _ .__
do
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars. .
Men's and boys' suits and coats.
do
Men's and boys' furnishings and work
clothing..
_ . . . _ . . .dollars. .
Women's outerwear
do
Paper and allied products
do
Pulp, paper, and paperboard mills do
Printing, publishing, and allied industries
dollars. .
Newspapers
do
Commercial printing
do
Chemicals and allied products
do __
Industrial organic chemicals
do
Products of petroleum and coal__
do
Petroleum refining
do
Rubber products
.
do
Tires and inner tubes
do
Leather and leather products _ .
do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
_
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars. _
Nonmetallic mining and quarrying
do
Contract construction
_
do
Nonbuilding construction
do
Building construction
_ _ _
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraphf
do. __
Gas and electric utilities
do
Trade:
Wholesale trade
- do- Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores _ _
do
Food and liquor stores
do
Automotive and accessories dealers__.do
Finance:
Banks and trust companies
do
Service:
Hotels year-round
do
Laundries
-- do ._
Cleaning and dyeing plants
do
Average hourly 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
Glass and glass products
do
Primary metal industries
..
do
Blast furnaces, steel works, and rolling
mills$
dollars .
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars ..
Heating apparatus (except electrical) and
plumbers' supplies
_ _ dollars _.
Machinery (except electrical) _
do__ _
Electrical machinery
do
Transportation equipment
Automobiles
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries
do
do__ _
do
do_ _
do
do
do
59.07
63.34
73.51
60.09
47.80
59.26
74.54
46.26
50.46
50.01
47.56
60.45
64. 13
73.06
61.48
51.02
59.43
73.48
46. 53
52.70
52.62
48.08
60.04
63.40
69.66
62.79
50.35
59. 04
72.94
45. 27
52.40
52.10
47.66
60.12
63. 30
68.72
62.29
51.11
60. 09
73. 50
43.69
52.22
51.19
48.31
60.13
63.30
68.09
62.55
51.40
59.29
73.41
43.88
51.32
49.48
48.16
58.71
62.80
67.78
62.24
50.44
60.25
73.81
41.45
49.85
49.08
45.94
59.71
64.09
68.82
62.95
49. 50
61. 57
76.95
45.40
50.78
49.42
46. 86
60.83
65.34
69.91
65.30
50.62
62.27
78.68
46.74
51.61
50.37
47.23
61.03
65.13
70.35
64.99
52.56
61.89
80.93
46.24
51.78
51.02
47.80
' 61. 68
' 63. 67
' 69. 39
' 63. 72
' 52. 98
' 61. 36
' 78. 16
'r 46. 92
53. 48
'T 52. 62
49. 14
' 62. 26
* 63. 99
r
70. 87
' 65. 24
*r 53. 97
61. 82
'r 76. 43
47. 20
' 54. 55
53.88
49.79
' 62. 42 P 62. 99
' 64. 38 f 66. 19
72.62
63.67
54.05
62.22
74.97
' 47. 56 ~M7.~38~
' 55. 26 "55.02
54.89
50.67
45.12
47.59
46.26
49.98
46.40
50.00
47.56
51.67
47.36
52.63
43.58
48.20
45.06
48.77
45.21
50.86
45.72
49.54
' 48. 12
' 54. 16
r
' 48. 64
55. 05
' 48. 19
54.15
p 47. 76
P72.41
38.13
50.41
65. 64
71.31
38.09
52.30
66.68
72.22
38.06
53.38
66.39
71.29
39.02
54.78
66.57
71.68
39.34
53.14
67.48
72.93
38.02
47.81
65.33
69.88
39.47
49.43
66.34
71.01
39.35
48.79
67.71
72.54
38.64
51.63
68.39
74.17
' 40. 13
'r 54. 70
69. 36
' 73. 99
r
f
40. 83
54. 38
' 70. 99
' 75. 68
41.63
51.80
' 71. 56
75.84
77.09
85.51
76. 57
68.72
71. 63
81. 28
84.89
69.46
80.27
45. 85
41. 93
79.43
88.65
78.75
69.10
72.45
82.94
87.14
73. 91
86.26
48.61
45.57
77.28
83.13
78.18
69.06
72.11
82.66
86.67
74.19
86.99
49.54
47.52
77.64
84.19
77.26
68.81
72.02
82.09
85. 63
73. 31
85.75
50.19
48.52
79.06
84.55
79.55
69.18
72.54
82.09
85.50
72.58
83.46
50.46
49.15
78.23
85.02
78.21
69.09
73.20
82.34
85.68
71.40
81.90
48.53
46.57
79.86
87.42
79.96
69.73
73. 67
75.22
76.58
73. 47
84.96
48.90
46.63
80.16
87.32
80.52
70.65
74.07
84.95
87.83
75.01
87.79
50.04
47.74
79.93
86.64
80.64
70.29
74.68
88.05
90.82
72.15
84.22
50.01
47.80
' 80. 83
r 86. 89
'r 80. 20
70. 68
' 75. 13
r
r
r
r 87. 31
90. 37
73. 65
85. 29
52. 02
50.50
'r 89. 03
91. 94
' 74. 32
' 84. 39
'51.09
48.69
' 81. 86 P 81. 50
88.93
81.89
' 71. 47 » 73. 17
76.63
' 87. 64 ~ p87~48
90.51
' 74. 34 "VTT.'SO"
83.38
' 50. 98 f 50. 48
47.91
74.43
81.84
81.09
79.43
69.98
86. 28
79.12
73.58
86.39
79. 25
68.97
80.27
80.59
67.00
79.26
77.67
62. 52
66.68
80. 45
74.69
70. 25
79.32
66.67
64.30
80.38
59.35
63.45
'81.17
' 65. 70
' 80. 55
' 85. 22
78.27
' 88. 63
83.77
71.71
76.59
79.02
68. 35
81.66
79.30
82.26
83. 85
67. 32
83. 83
79.08
84.94
84. 53
66.69
84.74
81.26
85.35
82.29
67.60
85. 95
82.73
86.60
84.57
67.50
83. 51
79.46
84.57
83.10
69.31
85.20
82. 43
85.92
81.93
70.74
85.81
84.42
86.03
85.53
71.31
87.35
86.72
87. 50
85.85
70.45
87.78
86.36
88.09
' 85. 70
73. 10
r 89. 64
r
89. 93
89.59
' 89. 00
' 74. 75
' 91. 63
' 93. 74
'91.18
87.02
75.28
92.51
94.48
92.26
73.11
60.84
72. 13
73.29
75. 35
59. 44
72.21
73. 63
73. 92
59.68
i 70. 77
73. 20
73.52
59. 83
70.90
72.82
74.89
59.29
71.02
73.28
74.31
53. 92
76.17
60.60
73. 24
73.46
76.91
60.80
72 40
74.41
78.14
62.29
72 84
74.78
' 78. 68
'r 62. 05
72 00
r
74. 81
' 77. 89
' 62. 91
74 46
' 76. 03
78.31
63.68
74 62
77.13
65.52
66.58
66.42
66.13
66.62
66.49
66.94
67.59
67.80
' 68. 13
' 68. 95
69.28
49.92
36.12
54.35
67.13
49.92
37.52
54.44
67.06
51.22
38. 27
54.53
66. 68
50.98
37.44
54. 45
67.37
50. 90
37.20
54.87
67.74
50.97
37.04
55.16
69.28
51.68
37.91
55.12
71.08
52. 85
38.80
56.68
71.71
53.09
38.98
56.96
70.91
r
r
53. 00
38. 84
r 56. 94
* 69. 61
'
'
'
'
52.43
37.27
56. 50
71.98
51.13
51.81
52.05
52. 14
52.30
52.03
52.12
51.96
52.44
r
52. 48
' 52. 58
52.97
36.38
38.00
43.39
36.72
38.47
45.22
36.76
39.00
46.41
36.72
39. 54
47.20
36.72
38.73
44.45
' 36. 98
r 38. 20
' 44. 13
' 36. 89
' 39. 18
' 45. 62
37.28
39. 10
45.95
1.811
' 1. 870
r
r
36. 20
37.93
43.71
36. 81
38.34
44.14
36.47
38.55
44.08
36.59
37.96
43.14
1.626
1.712
1.724
1.636
1.723
1.721
1.640
1.726
1.740
1.644
1.731
1.762
1.656
1.746
1.780
1.655
1.742
1.775
1.658
1.746
1.790
1.658
1.747
1.787
1.648
1.733
1.786
' 1. 669
'r 1. 768
1. 807
1.499
1.499
1.431
1.590
1.671
1.826
1.475
1. 472
1.440
1. 585
1.657
1.842
1.422
1.432
1.442
1.585
1.653
1.852
1.456
1.458
1.452
1.591
1.655
1.841
1.475
1.475
1.469
1.600
1.669
1.849
1.502
1.498
1.465
1.602
1.675
1.834
1.459
1.478
1.462
1.606
1.678
1.841
1.534
1.548
1.464
1.616
1.697
1.830
1.543
1.544
1.453
1.615
1.701
1.820
' 1. 580
'r 1. 595
1. 461
' 1. 631
1.890
1.896
1.910
1.885
1.892
1.876
1.884
1.923
1.911
2.034
1.702
1.729
1.772
1.759
1.771
1.767
1.776
1.779
1.803
' 1. 843
r
1.689
1.697
1.700
1.705
1.713
1.711
1.718
1.716
1.700
1.721
1.797
1.653
1.731
1.813
1.666
1.730
1.818
1.676
1.729
1.828
1.681
1.737
1.839
1.697
1.737
1.837
1.696
1.741
1.843
1.697
1.744
1.847
1.705
1.728
1.838
1.702
1.893
1.955
1.819
1.851
1.884
1.670
1.446
1.906
1.978
1.827
1.830
1.907
1.683
1.462
1.915
1.989
1.841
1.839
1.873
1.687
1. 462
1.914
1.976
1.852
1.858
1.887
1.703
1.475
1.939
2.001
1.878
1.878
1.902
1.714
1.481
1.928
1.997
1.859
1.852
1.892
1.708
1.479
1.936
2.001
1.878
1.858
1.884
1.718
1.491
1.944
2.012
1.882
1.859
1.916
1.730
1.489
1.529
1.543
1.682
1.421
1.345
1.466
1.818
1. 531
1.548
1.691
1.421
1.306
1.473
1.841
1.540
1.552
1.701
1.432
1.308
1.472
1.860
1.530
1.515
1.520
1.522
1.507
Nondurable-goods industries
do
.544
1.524
1. 529
1.508
1.516
Food and kindred products
do
1.639
1.660
.677
1.653
1.667
Meat products
do
1.419
.428
1.372
1. 394
1.427
Dairy products
do _.
1.325
1.331
.349
1.292
1.332
Canning and preserving
_do
1.433
.446
1.428
1.432
1.448
Bakery products
do
1.801
1.801
1.806
.817
1.836
Beverages
-do
T
1
Revised.
* Preliminary.
See note "t" on p. S-13; comparable figure for December 1951, $70.47.
tRevised series. See note "t" on p. S-13.
*New series. Data beginning 1947 will be shown later.
'
'
'
'
82. 20
88. 95
81. 41
* 71. 30
r
1.712
' 1. 925
76. 15
52. 43
37. 35
56. 72
71. 19
r 1. 696
r 1. 592
r 1. 609
'
'
'
'
1. 484
1. 655
1. 746
1. 997
' 1. 705
' 1.819
' 1. 860
P 1. 715
P 1. 824
P 1. 868
' 1. 576
1. 598
r
1. 493
' 1. 672
1.757
' 1. 990
P 1. 554
p 1.497
P 1. 672
P2.000
2.135
2.092
1. 871
1. 858
' 1. 732
' 1. 772
' 1. 789
p 1. 795
r
1. 753
' 1. 849
' 1. 708
' 1. 777
r
1. 871
' 1. 722
1.787
r
1. 885
' 1. 730
M.891"
p 1.738
1.921
1.987
1.889
1.846
1.866
1.732
1.484
r 1. 945
' 2. 025
'2.018
' 2. 110
' 1. 933
1.920
r
1. 899
' 1. 761
' 1. 509
' 2. 037
2.132
1.947
1.930
1.926
' 1. 770
' 1. 516
1.545
1.547
1.720
1.441
1.282
1.477
1.882
' .542
' .538
'r .726
.445
'r 1. 545
1. 520
'1.716
r
1 466
' 1. 279
' 1. 479
' 1. 878
' 1. 549
' 1. 544
1.729
1.457
1.328
1.492
1.865
JSee note marked "J" on p. S-ll.
r 1. 892
r
r
1. 878
1. 905
' 1. 736
' 1. 491
'
r
.318
.468
' 1. 888
P 2. 044
p 1.778
* 1. 533
p 1. 563
p 1. 576
SURVEY OF CURRENT BUSINESS
January 10f)3
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-15
December
January
February
March
April
May
June
July
August
September
October
November
EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
Average hourly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries— Continued
Tobacco manufactures . _ _ _ _ _
dollars. .
Textile-mill products
do
Broad-woven fabric mills .
-do
Knitting mills
do
Apparel and other finished textile products
dollars _.
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
_do
Paper and allied products
_. _ _ do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
dollars _ _
Newspapers
_ _
_ ..
__do
Commercial printing
do
Chemicals and allied products
.do
Industrial organic chemicals
do
Products of petroleum and coal . _ .-do. _.
Petroleum refining
do
Rubber products _ _ _ _ _ _
_ __do
Tires and inner tubes
do
Leather and leather products _
__do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal
_ _ _
,_do _
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars ._
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
_
_.do___
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
_
_ __do
Telegraph f
do
Gas and electric utilities
..do _
Trade:
Wholesale trade
__do
Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores
__do _
Food and liquor stores do
Automotive and accessories dealers do
Service:
Hotels, year-round
do
Laundries
„
_ __
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. perhr_,
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol per hr
Railway wages (average, class I)
do
Road-building wages common labor
do
1.177
1.335
1.330
1 275
1.178
1.341
1.339
1.272
1.179
1 347
1.336
1 288
1.184
1 346
1.333
1 278
1.199
1 347
1.330
1 274
1.198
1 340
1. 323
1 269
1.198
1 347
1.332
1 270
1.211
1 344
1.336
1 256
1.220
1 345
1.339
1 258
'1.200
r
1 347
1.339
r
1 260
r
1.271
1.478
1.278
1.483
1.289
1.497
1.296
1.489
1.287
1.491
1. 245
1.465
1. 238
1.469
1.249
1 487
1.270
1.470
' 1. 290
' 1. 496
' 1. 297
r
1 500
' 1. 285
1 500
1.071
1.064
1.461
1.558
1.634
1.066
1.487
1.562
1.635
1.069
1.505
1.570
1.644
1.072
1.468
1.584
1.665
1.062
1.398
1.578
1.656
1.061
1.373
1.587
1.667
1 055
1.402
1.597
1.683
1.050
1.475
1.613
1.709
r
1.457
1.548
1.628
1 056
1.511
«• 1. 613
1. 697
' 1 066
' 1. 519
' 1. 632
r
1. 720
1 073
1 480
' 1. 630
1 712
1.992
2.330
1.919
1.644
1.773
2.016
2.364
1.935
1.653
1.780
2.002
2.322
1.940
1. 660
1.785
2.022
2.332
1.946
1.662
1.787
2.043
2.342
1.974
1.675
1.800
2.048
2.355
1.980
1. 685
1. 821
2.069
2.395
1.999
1.705
1.828
2.066
2.399
2 003
1.719
1. 838
2.076
2.400
2.001
1.727
1.844
r 2. 078
r
2. 407
r
1. 990
T
1. 728
' 1.846
' 2. 097
r
2. 437
' 2 015
r
1. 718
T 1. 871
' 2. 099
2.443
2 027
' 1. 714
1.869
2. 161
2. 270
1. 826
2. 115
1. 327
1.278
' 2. 148
2 257
' 1. 822
2 111
' 1. 338
1 288
T
r
T
1. 186
I 357
1 347
1 267
' 1. 186
v 1 218
' 1 361 P 1 362
1.352
1 273
p 1. 277
v 1. 642
p 2. 095
p 1 734
1.997
2.091
1.715
1.982
1.288
1.237
2.013
2.110
1.794
2.104
1.286
1.235
2.021
2.114
1.814
2.127
1.290
1.244
2.012
2.104
1.810
2.112
1.297
1.257
2.017
2.111
1.801
2. 097
1.304
1.270
2.033
2.126
1.803
2.084
1.308
1. 269
2.022
2.145
1.814
2.103
1.311
1.267
2.082
2 174
1.834
2 136
1.310
1 263
2.132
2.226
1.822
2.116
1.299
1.248
' 2. 140
p
2. 248
' 1.814
r
2. 106
r
1.317
1.272
r
1.715
2.224
2.240
1.789
2.250
2.247
1.786
2.257
2.244
1.797
2.232
2.236
1.811
2.226
2.239
1.802
2. 225
2.230
1.812
2. 243
2.209
1.862
2 215
2.256
1.865
2.223
2.258
' 1. 849
2.250
r
2. 225
r
1.915
2 249
2. 261
1.891
2 234
2.335
1.956
1.536
2.219
2.049
2 260
2.006
1.530
2.212
2.033
2 253
2.027
1.526
2.236
2.052
2.276
2.017
1.526
2.244
2.058
2. 285
2.033
1.541
2.251
2.064
2. 292
2.022
1. 547
2.242
2.071
2. 285
2.018
1.548
2.223
2.049
2. 270
2.071
1.557
2.217
2.055
2 261
2.094
1.569
2.245
2.066
2 294
r 2. 116
1. 596
2. 281
' 2. 121
r
2 327
' 2. 155
* 1.618
r
2. 308
r
2. 145
r
2 356
2.138
1.626
2.336
2.172
2 384
1.579
1. 552
1.632
1.745
1.583
1. 532
1.630
1. 749
1.593
1.542
i 1.612
1.747
1. 581
1.554
1.615
1.759
1.607
1.540
1.614
1.770
1.612
1.545
1.624
1.566
1.769
1.783
1.633
1. 559
1.627
1.806
1.666
1. 585
1.626
1.802
' 1. 674
r
1. 591
r
1. 618
' 1. 807
1.686
'1.613
1.748
r
1. 832
1.695
1.637
1.764
1.854
1.606
1.620
1.632
1.637
1.649
1.658
1.657
1.669
1.670
' 1. 678
r
1. 690
1.698
1.267
1.029
1.369
1.482
1.245
1.014
1.361
1.477
1.287
1.069
1.384
1.485
1. 281
1.043
1.382
1.497
1.279
1.039
1.389
1. 502
1.284
1.029
1.393
1.526
1.305
1.062
1.406
1.569
1.318
1.069
1.410
1.583
1.314
1.065
1.403
1.562
' 1.312
»• 1. 064
' 1. 399
* 1. 540
1.324
r
1. 058
' 1. 418
' 1. 575
1.334
1.068
1.434
1.589
.840
.925
1.074
.852
.926
1.074
.852
.929
1.083
.855
.928
1.084
.856
.929
1.082
.858
.936
1.095
.863
.942
1.105
.862
.946
1.108
.866
.940
1.103
.868
'.941
' 1. 095
'.872
'.951
' 1. 110
.875
.956
1.110
1.646
2.728
* 1.651
2.751
1.654
2.758
1.659
2.758
1.664
2.770
1.680
2.774
1.690
2.797
1.706
2.808
1.755
2.849
1.793
2.885
1.803
2.909
1.817
2.921
1.779
1.801
1.807
1.29
1.830
1.809
1.788
1.38
1.802
1.821
1.835
1.41
1.851
1.858
1.853
1.48
422
544
430
510
416
495
450
539
454
550
454
565
449
591
478
575
350
908
352
896
2,297
1,088
1,062
26
369
841
414
775
433
725
.86
r
r
r
T
r
r
r
r
.87
.83
p 2. 160
p 1. 893
f 1. 346
1.817
2.937
7.6
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of doLCommercial paper
___
_
do _
Agricultural loans outstanding of agencies supervised by the Farm Credit Administration:
Total
mil of dol
Farm mortgage loans, total
do
Federal land banks
do
Land Bank Commissioner
do
Loans to cooperatives
do
Short-term credit
do _
Bank debits, total (141 centers)
New York City
_ __ _
Outside New York City
do
_ do
do _
Federal Reserve banks, condition, end of month:
Assets, total
mil. of dol
Reserve bank credit outstanding, total
do .
Discounts and advances..,
_ do
United States Government securities-_-do
Gold certificate reserves _
__ _
do -_
Liabilities, total
do
Deposits, total
do
Member-bank reserve balances
do - _
Excess reserves (estimated)
do_ ._
Federal Reserve notes in circulation
do Reserve ratio
percent. _
r
493
517
458
534
408
678
396
718
2,194
1,050
1,021
30
377
766
357
820
337
860
2,313
1,074
1,046
27
343
896
129, 549
53, 500
76, 049
123, 059
48, 106
74, 953
114, 113
45, 375
68, 738
125, 269
50, 180
75, 089
124, 664
52, 057
72, 607
121,433
49, 535
71,898
129, 870
54, 922
74, 948
131,960
57, 052
74, 908
110, 578
43, 166
67, 412
123, 886
49, 278
74, 608
137, 731
55, 560
82, 171
115, 497
44, 746
70, 751
49, 900
25,009
19
23, 801
21, 468
49, 900
21, 192
20, 056
389
25, 064
46.4
48, 941
23, 783
328
22, 729
21, 731
48, 941
21, 004
20, 077
634
24, 405
47.9
49, 323
23, 904
598
22, 528
21, 992
49, 323
21, 336
19, 982
728
24, 423
48.1
48, 590
23, 270
133
22, 514
22, 115
48, 590
20, 746
19,733
492
24, 371
49.0
49, 213
23, 632
676
22, 363
22, 106
49,213
21, 175
19, 940
797
24, 332
48.6
49, 549
24, 152
952
22, 273
22, 103
49, 549
21,412
19, 778
591
24, 567
48.1
48, 939
23, 551
59
22, 906
22, 143
48, 939
20, 559
19, 381
-192
24, 826
48.8
50, 252
24, 821
1,270
22, 853
22, 146
50, 252
21,952
20, 323
495
24, 843
47.3
50, 496
25, 216
1,318
23, 146
22, 147
50, 496
22, 056
20,411
835
25, 119
46.9
50, 479
24, 747
477
23, 694
22, 147
50, 479
21, 455
20, 066
319
25,215
47.5
51, 341
25, 855
1,591
23, 575
22, 140
51,341
22, 273
20, 616
620
25, 426
46.4
52, 492
26, 740
1,895
23, 821
22, 145
52, 492
22, 583
21, 149
867
25, 949
45.6
437
435
490
434
420
660
2,110
1,029
998
32
429
651
117, 231
44, 802
72, 428
49, 046
24, 734
624
23, 239
21, 166
49, 046
20, 945
19, 670
490
24, 680
46.4
492
480
Revised.
v Preliminary.
1 See note "f" on p. S-13; comparable figure for December 1951, $1.609.
§Rates as of December 1, 1952: Common labor, $1.817; skilled labor, $2.942.
fRevised series. See note "I" on p. S-13.
*New series. Data beginning 1947 will be shown later.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1053
1952
1951
November
January
December
January
February
March
April
May
June
July
August
September
October
November
FINANCE—Continued
BANKING—Continued
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted .
mil. ofdol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doLStates and political subdivisions
do
United States Government
do
Time, except interbank, total
do
Individuals, partnerships, and corporations
mil. of doL_
States and political subdivisions
-do _
Interbank (demand and time)
do
Investments, total
do
U. S. Government obligations, direct and
guaranteed, total
mil. of doL_
Bills
.
.do—Certificates
do
Bonds and guaranteed obligations . -do .
Notes
do
Other securities. _ _
.do...
Loans, total
do
Commercial, industrial, and agricultural—do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol_Real-estate loans
do Loans of banks
do ...
Other loans
do
Money and interest rates :d"
Bank rates on business loans:
In 19 cities
percent
New York City
do
7 other northern and eastern cities
do
11 southern and western cities
do
Discount rate (N. Y. F. R. Bank)
_do ._
Federal intermediate credit bank loans
do _.
Federal land bank loans
do Open market rates, New York City:
Acceptances, prime, bankers', 90 davs -do
Commercial paper, prime, 4-6 months do
Call loans, renewal (N. Y. S. E.)
do
Time loans, 90 days (N. Y. S. E.)
do
Yield on U. S. Govt. securities:
3-month bills
do
3-5 year taxable issues
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil of dol
U S. postal savings
do
53, 040
53, 370
54, 328
52, 683
51, 162
52, 303
52, 863
51, 708
52, 766
52, 275
52, 317
53, 586
54, 392
53, 964
3. 4G6
55, 554
3, 582
2, 225
16, 026
54, 798
3, 694
1, 644
16, 070
53, 646
3, 599
2. 545
16, 205
51,729
52, 913
53, 189
6,914
16, 631
3,698
4,793
16, 651
53, 253
3, 558
3,144
16, 706
53, 835
3,515
3, 561
16, 829
54, 799
3,561
16,318
53, 152
4,021
2, 917
16, 509
52. 818
3, 184
16, 383
55, 454
3, 559
3, 784
16. 974
14,915
15, 152
712
13, 519
39, 056
15, 176
728
15, 275
761
15, 385
764
12, 042
15, 687
779
15, 751
765
15, 883
756
16, 002
738
38,316
41,019
40, 800
39, 503
12,175
38, 833
15, 554
780
10, 895
38, 983
15, 689
763
11, 990
39, 260
15, 444
767
10, 998
38, 563
39, 093
39, 747
16, 027
751
12, 492
40, 215
32, 224
4,129
3, 596
18, 531
32, 419
4,319
3, 698
18, 456
31.892
31, 456
3, 624
3, 684
18, 274
31,719
3,544
3,728
33, 582
33, 267
3,313
31,932
2,5S2
31,579
5,874
18, 524
5, 923
20, 288
35, 161
7,437
34, 863
20, 530
1,885
36, 472
20, 567
35,315
1,278
7,107
34. 770
20, 796
1, 695
7,264
20, 016
5, 947
6,841
34, 757
21, 160
969
31, 163
3,415
3,611
18, 220
5,917
7,153
34, 795
2,792
20, 581
1,988
32, 361
3,610
2, 433
20, 057
6, 261
7, 386
37, 238
22, 274
1,437
32, 947
4, 460
2, 445
19, 974
6, 068
7, 268
38, 051
22, 949
1, 606
677
660
659
789
717
2,241
15, 792
720
11,737
38, 772
32,082
3,949
2,994
19, 185
5, 954
6, 690
34, 488
20, 865
1,148
680
5,670
657
5, 949
5,968
6,832
21,419
1,340
687
5,658
564
6,028
11,834
5,946
667
5, 669
822
6,011
11,481
3, 855
3,798
18, 286
5, 953
6,941
34, 693
21, 157
1,077
660
5, 652
691
3,710
3, 666
21,172
5,657
4,070
3,705
3,734
3.885
5,674
5,690
438
6, 056
463
6,187
6,393
5,726
759
5,999
540
6, 021
1.75
2.73
4.17
1.75
2.73
4.17
3.51
3 27
3.46
3.90
1.75
2.73
4.17
11,274
3,700
5,966
7, 533
11,965
12,261
3,211
20, 149
2,513
2,617
20, 121
7,571
7.514
36, 680
5,990
35,685
21,017
1,461
6,328
21,671
1,416
792
5, 824
614
5,764
767
5,890
3,450
16,929
••742
725
5,990
6,537
6,670
5, 945
618
6, 784
1.75
2.72
4. 17
1.75
2.71
4.17
3.49
3 29
3.44
3.84
1.75
2.71
4.17
1.75
2.71
4.17
1.75
2.71
4.17
386
6,436
826
431
6,920
1.75
2.69
4.17
3.27
3 01
3.23
3.67
1.75
2.71
4.17
1.75
2.73
4.17
1.75
2.73
4.17
3.45
3 23
3.47
3.79
1.75
2.73
4.17
1.63
2.25
2.25
2.38
1.69
2.31
2.38
2.47
1.75
2.38
2.45
2.56
1.75
2.38
2.38
2.56
1.75
2.38
2.38
2.56
1.75
2.35
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.57
2.61
1.75
2.31
2.63
2.63
1.75
2.31
2. 63
2.63
1.75
2.31
2.63
2.63
1.608
2.01
1.731
2.09
1. 688
2.08
1.574
2.07
1. 658
2.02
1. 623
i 1.93
1.710
1.95
1.700
2.04
1.824
2.14
1.876
2.29
1. 786
2.28
1.783
2.26
1,862
2.25
12,018
12, 175
12, 208
2, 695
12, 267
2,681
12, 382
2,669
12, 438
2,651
12, 531
2,633
12, 678
2,617
12, 730
2,601
r
12, 896
12, 943
' 2, 572 v 2, 561
P 2, 552
20, 126
19,717
13,185
19, 565
19, 788
20, 293
13,806
20, 961
14, 409
21,213
21,433
7,421
4,171
7,820
4,446
1,101
924
551
674
1,132
954
588
700
1, 142
974
612
714
1,166
995
625
729
6. 385
6,589
2,838
6, 706
6,790
2,714
2,705
19, 989
13, 271
7,400
20, 644
13, 510
7, 546
4,100
4,039
1,099
908
608
685
1,186
971
613
737
12, 786
2, 586
CONSUMER CREDIT
Total consumer credit, end of month mil. of dol_.
Instalment credit, total __
do
Sale credit, total
do
Automobile dealers .
do
Department stores and mail-order houses
mil. of dol. .
Furniture stores
__
_ _ _ _ ..do
Household-appliance stores
do
All other retail stores (incl. jewelry)
do
5,964
13,314
7,322
7,158
13,156
7,047
13.319
14, 745
8, 039
14, 939
8,149
3, 962
3,927
3,891
7, 099
3, 946
1,129
933
592
706
1,082
909
567
673
1, 060
893
548
655
1,064
894
541
654
5,992
6, 027
2, 642
568
307
239
2,726
589
319
246
614
330
254
631
341
259
2.931
647
346
263
6,220
4,597
4,634
2,521
541
300
230
2,542
535
299
225
2,510
542
301
229
545
301
232
6,109
2, 593
553
303
235
922
1,211
170
938
1, 268
176
951
1,273
176
956
1,275
176
963
1,285
177
983
1,302
179
1,004
1,320
181
1,024
1,346
183
1,032
1,366
185
1,039
1,377
187
do
do
.do _ .
4,190
1,422
1,106
4,587
1,436
1,111
4, 253
1 , 445
1,114
3, 967
1,448
1,117
3, 855
1,443
1,111
3,913
1,437
1,119
3,921
1,431
1,135
3, 980
1,435
1,137
3, 891
1,443
1,134
3,902
Consumer instalment loans made during the month,
by principal lending institutions:
Commercial banks
mil. of dol
Credit unions
.
do
Industrial banks
do
Industrial-loan companies
do
Small-loan companies
_do ..
347
83
45
38
228
354
84
50
42
292
393
85
46
38
184
373
91
46
37
181
429
95
52
41
216
429
103
50
39
211
479
116
52
44
236
497
122
56
44
248
473
113
53
42
238
3,951
3,521
47
5,576
5,279
5,153
6,194
10, 800
5,187
4,688
3,809
10, 220
3,649
4,953
44
43
Cash loans, total
do
Commercial banks
do
Credit unions.
._
do _ .
Industrial banks ... _ .
__ .do._ _
Industrial-loan companies
do
Insured repair and modernization loans
mil. of dol. _
Small-loan companies
do
Miscellaneous lenders
do
Charge accounts
Single-payment loans
Service credit
__
_ _ _
5,871
2,509
2,892
' 21, 657 v 22,
' 15, 193 v 15
8,339
p 8,
4,708
P 4,
r
p 22, 798
P 15, 883
p 8, 910
P 5, 034
288
572
653
882
1,217
1,013
648
753
•P i, 278
p 1,332
v 1.045
p 1, 069
v 666 i
P671
P 782 1 ' P804
6, 854
2,971
662
352
264
p 6, 919 1
P3.011 !
P677 i
P359
P 266
P 6,
P 3,
P
P
P
973
044
682
361
268
P 1,044 !
P 1,376 :
P186
P 1, 047
P 1. 384
p 187
3,848
P 4, 075
P 1 , 488 i1
P 1,153
P 4, 246
P 1, 513
P 1, 156
418
105
50
41
211
423
105
51
39
196
P 449 i
P113 ;
P 55
P45
p388
4,585
4,050
6,875
6,585
1,456
1,136
r 1, 044
1,375
186
' 1, 469
1,147
P209
p97
p 47
"40
P214
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
Receipts, net.
Customs
_._ __ _ _ _.
Income and employment taxes
Miscellaneous internal revenue
All other receipts
mil. of dol
do
do
do
do
do_-_
2,935
805
164
44
4,599
3,944
823
111
826
339
5.553
5,258
805
88
9,886
44
9,816
825
115
4,323
47
4, 186
849
105
45
3,663
828
152
9,796
45
9.147
845
183
3,316
48
2,464
949
188
47
3,546
862
130
6,742
5, 659
5,018
0, 930
5, 704
6,016
5, 178
5,627
5,105
5, 455
TCxpenditures total
do
1,518
320
172
689
350
1,057
228 !
' 142
183
173
Interest on public debt
do__
r
359
361
404
396
401
367
362 i
449
483
400
Veterans Administration _ _ _ _ do._
3,884
3, 699
3, 791 !
3, 425
2, 971
3, 775
3,414 i
3,155 i
3,015
3,070
National defense and related activities. ..do—
r
2, 137
1 , 353
1,363 :
1,412 : 1.186 i 1 , ftW
1,502 1
1 . 337 '.
1, 11)0
1 , 508
All other expenditures _
do.
1
r
Beginning April 1, 1952, includes 1:)4 percent note of December 15, 1955, and 2^2 percent bond of March 15, 1956-58.
Revised.
? Preliminary.
cf For bond yields see p. S-19.
52
5, 834
877
112
6, 070
559
353
4,008
1, 150
3, 355
3, 099
65
2,227
923
139
6,383
572
363
3,723
1, 725
1
4, 731
4, 151
44
3, 624
888
175
5 161
185
354
3,302
1,319
SURVEY OF CURRENT BUSINESS
Jaiuiiiry 1053
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-17
December
January
Febra-
March
April
August
May
June
July
259, 905
257, 739
220, 540
37, 198
2, 1 67
259, 105
256, 863
263, 073
260, 908
222, 963
37, 945
2,165
September
October
262. 682
260, 577
222, 216
38, 360
2 105
264, 919
262, 820
224, 430
38, 390
2 099
November
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE— Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of dol. _
Interest-bearing, total
. ...
_ . do
Public issues
do
Special issues
.....
. do
Noninterest bearing
do
Obligations guaranteed by U. S. Government,
end of month
mil. of dol
U. S. Savings bonds:
Amount outstanding, end of month
do
Sales, series E, F, and G._
do
Redemptions
do
259, 604
257, 253
221,391
35, 862
2,351
259. 419
257, 070
221,168
35, 902
2,348
259, 775
257, 482
260, 362
258, 136
221,249
221,776
36, 233
2,294
36, 360
2, 226
258, 084
255, 794
219, 301
36, 493
2,290
219,124
37, 739
2 242
263, 186
261,060
222, 753
38, 307
2 125
267,
265,
226,
38,
2
432
345
557
788
087
43
42
38
37
41
44
45
46
34
39
40
45
51
57, 710
315
364
57, 739
296
401
57, 809
440
57, 821
338
57, 814
330
57, 772
313
57, 739
292
57, 807
364
57, 827
367
57, 868
356
57, 871
330
57, 903
347
398
57, 958
303
346
Government corporations and credit agencies:
Assets, except interagency, total
mil. of dol
Loans receivable, total (less reserves)
do
To aid agriculture.
do
To aid home owners
do
To aid railroads
do
To aid other industries
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities, supplies, and materials
do
U. S. Government securities
do
Other securities
do
Land structures and eouipment
do
All other assets
do
492
410
26, 744
14, 422
4, 161
2,142
101
488
428
437
422
26, 858
14, 422
4,239
2, 363
(0
814
6,110
779
1, 461
2, 226
3, 463
3 358
1,813
431
467
399
27. 933
15 913
4,058
2 387
98
473
0)
597
922
890
563
437
84
480
(i)
716
7,617
731
416
28
16
4
2
85
464
(i)
653
6, 096
7 826
801
933
1,322
2,422
3, 451
3 406
1, 835
1,350
2, 364
3,438
3 186
1 683
1 377
2,371
3 436
3 21 2
1 636
2,472
2 774
Liabilities, except interagency, total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities
do
2, 573
2,499
do
do
do
43
1,369
1, 161
38
1,214
1,247
Privately owned interest
U S Government interest
do
do
329
23, 842
24, 010
.Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
totals"
mil. of dol
Industrial and commercial enterprises, including
national defensecf
mil. of dol
Financial institutions
do
Railroads
do
States, territories, and political subdivisions. do
Republic of the Philippines
do
Mortgages purchased
do
Other loans
_
._ _ . _.
do_. .
258, 292
256, 102
219, 356
36, 746
2,191
349
44
39
1 228
1 200
1 301
1 434
357
36"
25 104
25 780
.- .-. .
844
831
816
803
800
795
778
754
751
753
769
787
790
452
91
102
18
60
79
42
447
84
439
79
99
433
76
96
432
73
96
430
71
95
420
68
95
424
54
82
78
45
77
45
77
46
19
57
444
53
82
78
44
19
57
427
53
82
18
57
425
55
83
76
46
76
46
75
46
74
47
458
51
82
22
54
67, 476
60, 514
67, 983
60, 919
68. 554
61, 385
68, 907
61, 734
69, 250
62, 125
69, 604
62, 500
69, 959
62, 789
70. 334
63 083
59. 556
37, 743
12, 060
9,829
10. 703
3,111
T
11,896
851
15, 851
1,338
14 512
2, 190
r
1, 409
T
1,512
59, 999
37, 946
11,871
9, 657
10, 781
3,134
12, 160
60, 350
38. 056
11. 767
9, 561
10, 814
3,150
12, 326
60, 640
38. 187
11, 706
9, 514
1C, 846
3, ] 64
12, 470
60, 938
38. 385
11, 588
9, 436
10. 909
3. 182
12, 706
61, 237
38, 587
11. 546
9,409
10, 961
3,185
12, 895
61, 547
38, 692
11, 275
9,151
11, 030
3, 196
13, 190
16, 027
1,350
14 676
2,193
1, 426
1,559
2,398
398
453
1 547
102
357
328
139
]84
76
128
54
177
2,478
99
19
60
19
57
16
57
74
47
73
47
73
47
464
50
80
22
54
72
47
70. 774
63, 590
71,123
63, 855
71 578
64 20p
72, 034
64, 665
72,415
65, 010
61 857
38. 780
11, 096
8 989
11. 066
3 238
13, 380
62, 201
39, 079
11, 134
9.007
11, 109
3, 251
13, 585
62 808
39 310
11,127
63,159
847
750
62, 495
39, 184
11,131
9,025
11, 184
3, 253
13, 615
63, 479
39, 757
10, 9(57
8 935
11, 362
3 314
14, 115
767
17,411
1 4C)0
15 921
2 280
1 550
1 714
16
54
16
54
16
54
16
r
4
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated totalj
._- mil. of dol _
Securities and mortgages t
do
49 companies (Life Insurance Association of
America), total
mil. of dol
Bonds and stocks, book value, total.
do _.
Govt. (domestic and foreign), total
do
T~. S. Government
do
Public utilitv
..
..do
Railroad
do
Other .
.
. _ _.
do
Cash
do
Mortgage loans, total
_ _ _..
do. .
Farm
do
Other
do
Policy loans and premium notes
do
Real-estate holdings
_
. . . . do
Other admitted assets
._ do
Life Insurance Agency Management Association:
Insurance written (new paid -for insurance):
Value, estimated total§
mil. of dol
Group §
._- _ . . _ - .- .do
Industrial §
--- . . .
. do.
Ordinary total
do
New Fngland _
__ . _ .. _. .do...
Middle Atlantic
._
do
East North Central
_ do
West North Central
do
South Atlantic
- ... do
Fast South Central
do
West South Central
.. do
Mountain
... _ .
. _. ...do. .
Pacific
- do
r
848
477
436
924
851
785
16, 185
1 357
14 828
2, 199
1,432
1, 554
16, 336
1 375
14 961
2, 206
1,445
1, 615
16, 459
1, 388
15 071
2,217
1, 464
1,628
16. 583
1 406
15 176
2. 226
1,471
1,597
16, 719
1 423
15 296
2, 236
1,483
1.637
16, 852
1 439
15 413
2 246
1,498
1 633
16, 976
1 454
15 521
2 254
1,510
1, 634
17, 082
1 463
15 619
2 262
1,520
1,688
2,031
2,179
2,495
2. 571
2,803
2 589
2,442
442
464
351
420
2 319
1 683
' 113
1 671
' 115
244
454
1. 565
191
382
1 458
1 481
101
333
333
152
199
102
333
314
126
166
99
329
333
129
179
113
384
363
144
207
60
149
61
140
72
178
68
138
60
181
52
156
53
160
246
530
1 719
69
190
773
339
497
1 735
115
406
367
142
209
69
168
63
197
780
582
537
1 684
111
388
349
147
205
67
161
64
191
758
o 901
1 3 (\QC\
1 7 1 88
1 565
346
499
377
358
148
198
99
334
336
141
190
1, 594
382
355
148
203
69
161
67
156
64
154
67
156
59
60
192
62
189
61
187
803
17, 311
1 481
15 830
2 276
1, 510
1,664
2, 661
312
442
Institute of Life Insurance:
Payments to policyholders and beneficiaries,
366 424
389 502
329 638
estimated total
thous of dol
315 371 364 248
336 714
344 261
318 461
339 822
338 501
141, 621
167] 995
136, 825
148, 934
155, 851
Death claim payments
do
149. 388
145 944
150 656
154 506
148 980
37, 549
38, 984
41, 738
38. 1 1 1
Matured endowments
do
42, 448
46, 560
31 584
37, 479
35 126
33 809
8,311
7,988
8,273
8, 351
8, 651
9.887
8, 666
Disability payments __ .. .. ... ~. do
8, 845
8, 367
8 229
38, 294
28. 819
30, 826
Annuity payments
do
27, 987
29. 175
30, 671
30, 560
29 886
31 177
31 200
52, 774
50, 648
57, 169
Surrender values
- . .. do_
46, 769
47, 712
52 947
55, 895
58, 473
47 978
50. 453
72. 489
101.391
57. 194
54. 840
55. 142
65. 435
73. 992
53. 980
58. 952
Policy dividends
do
50. 458
r
Revised.
* Less than $500,000.
^Includes loans under the Defense Production Act of 1950.
{Revisions for January-July 1950 are shown in corresponding note in the October 1951 SUKVEY.
^Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group, January 1950-Jauuary 1951; industrial, 1949.
11 212
39, 565
10, 924
8,887
11, 346
3,301
13, 994
340
140
1 816
' 122
411
384
160
219
2 516
373
474
1 669
113
398
356
136
199
77
162
182
68
212
322 636
146 410
34, 400
8, 253
28 532
48 768
56. 273
339 557
154 860
39 111
9 220
31 605
52' 916
51.845
iS61
184
304
141
32
7
28
45
48
060
626
337
874
595
127
S01
SUEVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January 1953
1951
November
December
January
Febru-
March
April
May
June
July
:
September
October
FINANCE—Continued
LIFE INSURANCE—Continued
Life Insurance Association of America:
Premium income (39 cos.), total. . -thous. of doL- 526, 031
59, 737
\ccident and health
do
73, 785
Annuities
do
41,
151
Group
do
T
61,
287
Industrial
do
r
290, 071
Ordinary
do_
743, 465
71, 169
148, 522
48, 449
115, 161
360, 164
549, 118
53, 541
90, 144
60, 164
63, 880
281, 389
540, 742
58, 392
72, 425
47,211
66, 827
295, 887
647, 575
63, 831
84, 833
52, 941
87, 382
358, 588
520, 597
61, 474
65, 077
46, 677
62, 142
285, 227
583, 172
65, 448
65, 718
46, 683
85, 525
319, 798
617, 890
60, 836
71, 293
46, 790
88, 711
350, 260
550, 760
62, 430
86, 209
52, 221
56, 801
293, 099
560, 435
65. 307
67. 392
43, 687
79, 894
304. 155
594, 066
66, 237
69, 008
47, 491
85,313
326, 017
555, 235
66 888
76, 978
47 442
71 553
292, 374
554, 584
70 794
67 806
46 061
68 809
301, 114
22, 382
188, 370
9 366
7,302
63, 316
38, 214
13, 033
5,415
22, 695
289, 861
2 375
8, 800
62, 388
37, 773
13,160
4,850
22, 951
137. 452
13, 223
76, 864
62, 527
38, 741
12, 410
4,962
23, 290
23, 190
152,219 -103,092
17,805
1 , 473
158,600
168, 129
61,024
63, 285
38. 830
36, 602
12, 765
12, 343
4.848
4,647
23, 297
-75,357
1 313
97, 932
63,319
38, 557
12,710
4,961
23, 296
27, 084
2 824
30, 000
66, 202
40, 033
12, 806
5,147
23, 346
19, 266
3, 445
40, 051
23, 350
-31,394
1 580
26, 047
23. 344
-32,620
2 861
5. 947
23, 342
—13, 776
1 244
34, 590
23, 339
—92, 430
2 988
86, 465
23, 337
-29, 004
1 580
1.872
38, 739
12,475
5, 461
39 886
13, 062
6,403
39 673
12. 944
6. 498
39 411
13,408
6,212
6, 769
88
6,284
.880
89
3, 656
.880
157
6, 125
.880
513
6, 177
.880
142
8,126
.880
587
4, 678
.880
1,535
4, 680
.854
215
5, 038
.828
236
5. 733
.829
216
4.877
.833
382
4, 499
.833
.833
2, 036
5,547
3,219
1,788
3, 338
3,766
2,016
2,605
3.430
2,081
5,318
3,854
2,529
4, 768
4,043
2,246
3, 199
3, 273
1, 859
3, 976
3,292
1,783
3. 858
3, 307
2. 196
2.921
2.272
1,728
3,107
3,235
3,682
28, 809
190, 500
2,100
5, 600
182. 700
96, 300
60, 600
25, 800
29, 206
193, 404
2,279
5, 141
185, 984
98, 234
61,447
26, 303
28, 386
191,600
2,100
4, 300
185, 200
97,900
61, 700
25, 600
28, 465
191, 500
2,200
5, 900*
183, 400
95, 700
62, 000
25, 600
28, 473
192, 300
2,200
7,100
182, 900
94, 800
62, 400
25, 700
28, 464
192, 200
2, 200
6, 300
183, 800
95, 100
62, 700
25, 900
28, 767
192, 900
2. 300
6. 300
184, 400
95, 300
63, 000
26, 000
31.4
22.0
37.9
22.6
30.1
20.6
32.5
21.4
34.0
22.0
34.4
21.1
34.3
21.3
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S
mil. of dol
Net release from earmark§
thous. of doL_
~p, \ports
do
Imports
- --.
-. _ - _ d o
Production, reported monthly total
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:
Currency in circulation
mil. of dol
Deposits and currency, total
do
Foreign banks deposits, net
do
U. S. Government balances
do
Deposits (adjusted) and currency, total. __ do
Demand deposits, adjusted
do
Time deposits
do
Currency outside banks
. do
Turn-over of demand deposits except interbank and
U. S. Government, annual rate:
New York City..- - ratio of debits to deposits Other leading cities
do
r
2, 019
3,414
3,134
T
r
411
258
5 009
.833
29, 026
29, 419
28, 978
29, 293
29, 644
30 228
194, 960 v 197, 200 * 197, 000 v 197, 900 P 199, 900 p 202, 700
2, 319
P 2, 500
p 2,600
P 2. 600
P 2, 500
P 2 500
7, 737
P 8, 100
v 8, 900
P 8. 200
P 7, 200
P 8, 600
184, 904 v 185, 800 v 186. 200 p 187, 400 T 190, 200 P 191, 600
94, 754 * 95, 700 v 95, 800 P 96, 400 P 98, 600 p 99, 400
63, 676 p 63 800 * 64. 100 p 64, 500 p 64, 900 p 64 800
26, 474 v 26. 200 P 26, 300 P 26, 600 P 26, 700 p 27, 400
38.6
22.2
35.1
20.7
31.4
20.2
34.6
21.5
34.4
21.3
36.3
22.8
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve) :J
Profits after taxes, total (200 corps ) mil of dol
Durable goods, total (106 corps )
do
Primary metals and products (39 corps ) do
Machinery (27 corps.)
do
Automobiles and eQuipment (15 corps ) do
Nondurable goods, total (94 corps.)
do
Food and kindred products (28 corps ) do
Chemicalsandalliedproducts (26corps.) do
Petroleum refining (14 corps )
do
Dividends, total (200 corps.)
do
Durable goods (106 corps )
do
Nondurable goods (94 corps.)
do
Electric utilities, profits after taxes (Fed. Res.)t
mil of dol
Railways and telephone cos. (see p. S-23).
r
932
565
217
123
185
368
52
125
148
815
501
220
81
170
314
40
108
129
624
'338
29
r
80
r
191
r
287
42
105
111
683
375
102
91
144
308
49
107
114
567
325
242
482
273
210
r
r
476
270
206
475
270
205
226
257
214
207
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
* mil. of dol
New capital, total
do
Domestic, total- _
.
do
Corporatedo
Federal agencies
do
Municipal, State, etc
._ _ _. .- do
Foreign
do
Refunding, total
do
Domestic, total
._
_ do _ Corporate.._.
do
Federal agencies
do
Municipal, State, etc
do
976
836
815
517
0
297
22
140
140
47
89
4
1,093
883
838
562
0
276
45
211
205
83
102
19
1,232
930
929
541
39
349
1
302
302
10
71
221
855
697
667
346
36
285
30
158
158
74
76
8
1,220
1,139
994
812
38
144
145
81
81
13
63
4
1,576
1,273
1,237
704
80
452
36
303
299
40
257
2
Securities and Exchange Commission:!
2,194
2,336
Estimated gross proceeds, total
do
1,698
1,780
1,649
1,638
By type of security:
2,139
1,545
2, 063
1,534
Bonds and notes, total.
do
1,425
1,368
771
636
474
314
Corporate
do
748
403
132
135
Common stock .
do
154
161
105
48
61
Preferred stock
_.do 104
83
63
166
10
By type of issuer:
871
967
605
972
Corporate, total
do
673
478
Manufacturing.
_
do
291
354
353
487
373
220
112
271
186
Public utility
do
267
260
400
Railroad
do
34
23
17
29
12
76
Communication .
_ do
26
2
6
48
37
3
Real estate and
financial
do
24
57
15
15
13
20
Noncorporate, total
... do
909
1,589
1,368
965
677
1,220
722
601
1,024
515
U. S. Government
do
655
967
565
State and municipal
do
302
296
222
397
145
'Revised.
p Preliminary.
1 Includes International Bank securities not shown separately.
§ Or increase in earmarked gold (—).
f Revisions for 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March
1,584
i 1, 278
1,109
677
56
376
119
306
306
151
144
11
1,409
1,251
1,239
587
38
615
11
158
155
3
141
11
1,519
1,393
1,381
1,137
20
224
12
126
126
50
74
2
810
461
461
202
56
203
0
349
349
153
188
962
808
800
363
0
437
9
154
154
72
79
2
2,494
2,452
6,441
1,175
1,339
1,932
1,213
2,248
870
163
82
2,255
652
112
84
6,251
1,309
157
33
1.095
348
50
29
1,257
381
45
37
1 758
874
169
6
1 137
414
49
27
1, 116
570
281
120
26
40
1,378
928
396
848
291
355
52
29
70
1,603
978
624
1,309
356
256
46
495
69
5. 132
4 898
226
428
135
107
95
22
14
747
544
201
463
187
171
12
19
26
876
444
428
1 049
588
335
15
26
68
883
531
294
490
272
47
27
51
43
723
480
219
r
1951 for SEC data will be shown later.
1
1 381
1 225
1, 157
852
0
305
8
156
156
80
72
4
SURVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-19
December
January
February
March
April
May
June
July
August
September
October
November
FINANCE—Continued
|
SECURITIES ISSUED—Continued
Securities and Exchange Commissionf— Continued
New corporate security issues:
Estimated net proceeds, total
_mil. of dol._
Proposed uses of proceeds:
New monev total
do
Plant and equipment
- - do
Working capital
_ _ .__
_ do ...
Retirement of debt and stock, total- -do
Funded debt
- do
Other debt
do
Preferred stock
_ __do
Other purposes
_ . _-. .._
do
Proposed uses by major groups:
Manufacturing total
do
New money
do
Retirement of debt and stock
. do
public utilitv total
do
New monev
- do
Retirement of debt and stock
do
Railroad total
do__ .
New money
do
Retirement of debt and stock
do
Communication total
do
New money
do
Retirement of debt and stock
do __
Real estate and financial, total
do
New money
_ _ _ do __
Retirement of debt and stock
do
State and municipal issues (Bond Buyer) :
Long-term
thous. of dol__
Short-term
__do_ __
660
856
595
469
954
951
1,097
836
1,290
420
456
1,034
483
570
488
83
72
42
29
1
18
771
682
90
55
42
11
2
29
559
487
72
23
8
15
0
13
413
278
134
49
35
13
1
7
875
655
221
60
15
45
(0
19
844
613
232
83
9
70
3
24
925
735
189
163
126
38
0
9
747
553
194
84
38
46
0
5
1,234
1.053
180
48
34
14
0
8
280
215
65
130
119
5
5
10
386
288
98
63
45
14
3
7
775
519
255
251
92
157
3
9
403
308
95
49
30
14
5
31
214
180
30
262
251
11
76
61
15
37
37
0)
14
11
1
480
428
34
255
240
15
22
22
0
25
24
1
23
18
3
349
331
11
184
177
7
17
17
0
2
2
14
11
1
285
238
43
110
107
3
29
29
0
3
3
0
13
12
0)
366
336
20
393
365
28
12
12
0
6
6
(0
20
15
2
350
329
15
265
256
7
34
34
0
47
45
3
56
55
0
559
502
56
276
256
20
119
41
78
26
26
0
40
34
5
287
255
31
349
331
17
51
16
35
29
29
0
70
68
0
351
329
21
250
248
1
46
46
0
493
493
0
68
41
24
132
89
36
105
102
3
94
10
85
22
22
0
14
9
4
185
131
53
168
165
0
12
12
0
18
18
0)
25
16
8
579
445
128
331
217
114
15
13
1
26
25
1
67
59
5
269
218
27
47
47
0
27
15
12
51
49
2
42
33
6
299, 109
210, 915
265, 503
215, 196
574, 694
93, 863
303, 614
156,037
150, 618
200, 194
456, 005
172, 674
406, 484
232, 726
637, 232
120, 022
245, 344
266, 630
211, 533
232, 288
473, 750
96,518
309, 105
161, 739
218, 773
24, 226
286
454
242
380
248
338
220
304
191
286
219
364
198
286
229
378
233
461
233
349
210
250
257
229
226
265
1,279
805
649
378
1,292
816
695
1,289
809
633
1,280
790
652
1,293
756
734
1,315
756
818
1,312
725
847
365
1,327
708
912
1,387
692
1,126
1,338
675
926
1,333
692
891
1, 316
692
860
1,347
706
878
0)
r
r
COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat
mil. of bu__
--do
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
- Customers' debit balances (net)
Customers' free credit balances _
Money borrowed
do
do
do
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
97.83
98.01
98.87
98.61
98.26
97.43
97.82
98.82
98.19
98.43
98.05
98.14
97.46
total §
_ dollars
98.49
98.30
99.36
99. 31
98.75
99.10
98.30
97.92
98.62
98.88
98. 50
97.87
98. 57
Domestic
do
73.39
73.48
73.75
73.69
73.07
72.44
72.65
73.70
75.97
75.52
76.11
76.12
75.32
Foreign
_.
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-f issues):
116.5
115.9
115. 3
115.6
116.2
114.8
116.3
116.1
115.2
116.0
114.7
115.7
115.8
Composite (17 bonds)
dol. per $100 bond_.
130.9
131.6
130.8
132.1
131.9
130.9
131.4
132.7
125.4
130.4
126.6
128.6
125.0
Domestic municipal (15 bonds)
do.
96.77
98.91
96.85
97.52
96.27
2 97. 95
96.87
98.32
96.96
98.40
96.86
96.44
97.09
U S Treasury bonds, taxable
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
51,332
63, 229
59, 014
61,104
52, 964
51,113
58, 376
47, 052
73,183
51, 585
76, 955
56, 237
100, 320
Market value
thous. of dol
75, 892
61, 626
59, 745
72, 093
62,057
71, 347
56, 942
71, 124
83, 953
5S, 329
61,325
85, 250
101, 867
Face value
_
_
do.._
New York Stock Exchange:
60,
802
49,
298
49,
640
57,
456
45,
275
56,
026
51,432
59,
632
71, 599
74,
892
50,210
54,
113
98,
416
Market value
_
do. _ _
72, 524
58, 610
67, 299
69, 663
59, 968
57, 821
81, 988
67, 670
53, 328
82, 455
58, 855
56, 686
99, 742
Face value
do.
New York Stock Exchange, exclusive of stopped
49, 109
66, 971
58, 123
61,624
48, 559
60, 525
59, 323
62, 055
78, 042
61, 127
69, 082
62, 242
59, 136
sales, face value, total§
thous. of dol__
68
0
0
3
30
0
0
0
26
0
0
25
0
TJ. S. Government
do.
66, 903
49, 109
61,624
48, 559
58, 093
62, 055
60, 522
59, 323
78, 016
69, 057
61,127
62, 242
59, 136
Other than U. S. Government, total§
do
59, 389
41, 895
54, 325
42, 912
55, 621
52, 190
53, 321
55, 580
71, 608
53, 624
55, 573
61, 194
52, 793
Domestic
_. _ _
do
6,174
7,399
6,613
6,079
5,918
5,858
6,341
5,933
6,410
6,544
7,395
7,777
6,269
Foreign
_ do
Value, issues listed on N. Y. S. E.:
96,158
96, 269
97,151
95, 634
97, 355
97,311
95, 964
96, 699
100, 551
100, 349
99, 712
100, 273
100, 537
Market value, total, all issues §
mil. of doL94, 537
94, 431
94, 978
95, 625
98, 621
95, 427
93, 920
94, 238
95, 583
98, 494
97, 838
98, 401
98. 656
Domestic
do
1,349
1,344
1,339
1,332
1,338
1,347
1,343
1,345
1,439
1,440
1,447
1,430
1,448
Foreign
do
98, 221
98, 292
97,315
98,415
102, 405
98, 158
99, 318
98, 466
98, 474
102, 341
101,871
102,315
102, 444
Face value, total, all issues §
do_
95, 985
97, 075
95, 920
96, 060
96, 239
96, 183
96, 249
95, 092
99, 999
99, 516
99, 963
99, 993
100, 091
Domestic
-- d o _ _
1,832
1,839
1,843
1,836
1,827
1,825
1,831
1,823
1,905
1,896
1,902
1,898
1.902
Foreign
do
Yields:
3.18
3.25
3.19
3.20
3.24
3.16
3.17
3.16
3.17
3.20
3.22
3.19
3.18
Domestic corporate (Moody's)
percent-By ratings:
2.93
2.98
3.01
2.96
2.96
2.93
2.94
2.93
2.95
2.98
2.95
2.94
3.01
Aaa
do
3.05
3.02
3.03
3.06
3.01
3.01
3.03
3.06
3.00
3.04
3.07
3.06
3.08
Aa
. -. _ _ .
do _ _ _
3.25
3.31
3.26
3.20
3.24
3.24
3.32
3.20
3.20
3.19
3.22
3.24
3.21
A
do
3.59
3.61
3.53
3.51
3.56
3.50
3.49
3.50
3.52
3.50
3.54
3.53
3.51
Baa
. -.- do
By groups:
2.99
2.97
2.97
3.00
2.97
2.98
3.05
3.00
2.97
2.99
3.02
3.05
3.00
Industrial
do
3.19
3.23
3.19
3.21
3.24
3.21
3.19
3.20
3.19
3.20
3.20
3.22
3.20
Public utility
do
3.48
3.38
3.50
3.42
3.36
3.32
3.31
3.32
3.37
3.36
3.33
3.34
3.39
Railroad
do
Domestic municipal:
2.07
2.05
2.07
2.08
2.11
2.03
2.15
2 38
2 37
2 34
2. 10
2.15
2 28
Bond Buyer (20 bonds)
do
2.04
2.07
2.10
2.10
2.07
2.05
2.01
2.10
2.40
2.12
2.42
Standard and Poor's Corp. (15 bonds) --_do
2.33
2.22
2 2. 64
2.66
2.74
2.71
2.70
2.71
2.70
2.57
2.61
2.71
2.61
2.74
U. S. Treasury bonds, taxable
do
2.70
r
2
Revised.
1 Less than $500,000.
Beginning April 1, 1952, series based on taxable bonds due or callable in 12 years and over; prior thereto, 15 years and over.
^Revisions for January-March 1951 will be shown later.
§fiales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of
all listed bonds.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1951
November
1952
. . . . -
December
January 1953
January
February
March
April
May
June
July
August
September
October
November
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments publicly reported :|
Total dividend payments
mil. of dol
Finance _ - . _
- do
Manufacturing
_
_ _
do ...
Mining
do
Public utilities:
Communications
_
do
Heat, light and power
do
Railroad
do
Trade . _ _
._ ... do
Miscellaneous
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody 's):
Dividends per share, annual rate (200 stocks)
dollars.Industrial (125 stocks)
__ .
do Public utility (24 stocks)
do
Railroad (25 stocks)
._ _ _
do .
Bank (15 stocks)
do
Insurance (10 stocks)
do
243.3
53.4
113.7
1. 7
1,819.6
212. 6
1.134.4
152. 1
505. 7
107.4
169.6
4.7
181 4
42.3
64.4
2.3
1 202 1
75.9
813. 5
97.6
533 5
93.0
195. 2
8.2
233 5
44 8
117.7
3.4
1 176 4
79 8
754. 0
97.6
.7
49.4
10.9
8 2
5.3
41.7
80 9
69. f>
80.9
47.4
S3. 4
53. 2
17.8
56. 8
12.8
46 3
7.1
15.0
3.3
25 5
74 2
51 6
39.8
24.0
89.8
57 6
24.1
53. 9
11.7
.8
48 6
3.3
10.4
4.5
3.92
4.19
1.90
2.58
2. 63
2.73
3.88
4.13
1.90
2. 55
2.64
2.84
3.92
4.18
1.90
2. 55
2.64
2.84
3.92
4.18
1 89
2.64
2 64
2.84
3.92
4.19
1 91
2. 65
2 60
2.84
3.94
4.21
1.91
2.65
2.60
2.84
67.80
71.48
33. 26
39.97
69.94
74.24
33. 85
40.00
70.90
75. 09
34. 42
42. 26
68. 39
72. 00
34.41
41.59
71.35
75. 63
34. 73
45. 28
5.78
Yield (200 stocks)
-. - .. - -percent _ _
5.86
Industrial (125 stocks)
do
5 71
Public utilitv (24 stocks)
do
6.45
Railroad (25 stocks)
do
4.64
Bank (15 stocks)
__ . _ . _ do
3.47
Insurance (10 stocks)- ___
do ..
Farnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utilitv (24 stocks)
do
Railroad (25 "stocks)
..
do
Dividend yields, preferred stocks, 11 high-grade
4.23
(Standard and Poor's Corp.)
percent. _
Prices:
94.44
Dow-Jones & Co., Inc. (65 stocks). dol. per share- _
259. 61
Industrial (30 stocks)
do
46.22
Public utility (15 stocks) _ _ _ _ _
do
79. 73
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
177.7
Combined index (480 stocks) _ _ .1935-39=100. _
193.3
Industrial total (420 stocks)
do
182.6
Capital goods (129 stocks)
do _
164. 6
Consumers' goods (195 stocks)
do
114.7
Public utility (40 stocks)
do _
144.2
Railroad (20 stocks)
do
109.0
Banks N. Y. C. (16 stocks)
do .
186.3
Fire and marine insurance (17 stocks)
do _ _
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
1,413
Alarket value
mil of dol
Shares sold
thousands. . 65, 122
On New York Stock Exchange:
1, 196
Market value
mil. of dol
Shares sold
.- _ - thousands. . 47, 449
Exclusive of odd lot and stopped sales
(N. Y. Times)
thousands. . 25, 677
Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol_- 106, 309
2, 604
Number of shares listed
millions .
5. 55
5. 56
5 61
6.38
4.45
3.47
5. 53
5. 57
5 52
6. 03
4.41
3.38
5. 73
5.81
5 49
6. 35
4.50
3.41
5. 49
5. 54
5 50
5. 85
4.41
3.37
Price per share, end of month (200 stocks) ..do
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks) .
... _ - _ _ ... do-_ -
8.09
2.44
12.94
7
0
5
8
230
50
106
3
8
3
1
3
1 158 3
522 7
99 0
248 7
63 0
754 9
95 0
9Q1 Q
113
42 4
76 2
55 8
45.6
25.0
88 9
55 9
12 4
38.7
13 5
8
1
4
4
4
42 0
49
6
10
4
42 4
47 1
23 5
88
56
14
40
12
3.95
4.22
1.91
2.67
2. 63
2.84
3.96
4.22
1.91
2.69
2.64
2.88
3.96
4 22
1 91
2 69
•> 64
2 88
3. 96
4 22
1 92
2 71
2 64
2 87
3.95
4 20
1 92
2 81
2 68
2 87
3.95
4 18
1 9?
2 85
2 68
2 88
3.93
4 17
1 92
2 87
2 66
2 98
68. 29
71.73
33. 97
43.80
69. 96
73. 59
34. 57
45. 49
72.61
77.01
34. 65
47.68
73.47
78.01
35 09
47.97
72. 57
76. 52
36 15
47.70
71.09
74 58
36 34
46 57
71.02
74 35
36 ^5
46 43
74. 42
78 20
37 36
49 74
5.87
5 62
6.05
4.58
3.41
5.65
5.73
5 53
5.87
4.57
3.30
5.45
5.48
5 51
5.64
4.56
3.18
5.39
5 41
5 44
5 61
4.52
3.21
5 46
5 51
5 31
5 68
4 39
3.15
5 56
5 62
5 28
5 33
6 14
4 29
3 15
4 19
3 10
6. 68
2 47
5. 61
541
127
198.
6
77 7
5
5
5
6
4
3
56
63
28
03
23
18
4.26
4.22
4.16
4.07
4.04
4.04
4.09
4.12
96. 73
266. 09
46. 72
82.30
99. 39
271.71
48.61
84.81
98.31
265. 19
48.87
85. 05
100.02
264. 48
49.80
89. 55
100. 24
262. 55
49. 13
92.19
100. 87
261. 61
49.29
94. 61
104. 26
268. 39
49.81
100. 30
106. 25
276 04
49. 86
101 85
107. 10
276 70
50. 75
102 95
182. 5
199. 1
189.4
167.fi
115. 5
150. 5
110.2
192.0
186.9
204.3
192. 4
169. 2
117.0
155. 4
115.4
197.6
183.2
199.2
184.7
165. 9
117.5
155. 0
114.5
196. 9
185. 3
201.4
184.4
167. 2
117.7
161. 3
113.3
199.6
183. 7
199.4
180.7
166. 3
116.7
164. 6
110.9
198.4
183.7
199.2
181.7
166. 1
117.1
166. 9
111.1
203.7
187.6
203.9
186. 9
168.8
116.2
173.7
111. 6
211.7
192.1
209.7
19^ 7
173. 5
116. 9
17 5. 2
112.8
215. 4
191.1
207 8
191. 4
174.8
118. 6
175 3
114.7
215. 4
1,501
63, 170
1,922
71,188
1 598
62, 651
1, 451
64, 450
1, 647
66,676
1,262
59, 431
1,285
56, 845
1,317
61, 433
1,279
44, 886
1.618
49, 431
1,351
42. 296
1,219
43, 464
1,373
41,601
1, 077
43, 060
1, 098
42, 325
1, 122
45, 916
4.12
105.
272
50
100
29
40
30
43
188.2
204 2
187. 6
172.8
118. 5
171 1
117.6
214.5
183.4
198 4
182 6
1 69. 5
117 4
166 9
120 1
215.2
189.8
205 5
190 2
175. 7
120 9
172 4
121 5
223 1
1 154
41,576
1 198
48, 989
1 316
62, 389
1 331
56, 903
978
29,433
1,012
35, 165
1, 121
47, 653
1 145
43. 340
30, 083
37.141
27. 195
29,513
28, 963
23, 586
25, 516
24, 115
20, 905
24. 135
25. 981
30, 239
109, 484
2, 616
111,580
2. 627
108,471
2, 634
113,099
2, 644
107, 848
2, 661
110,690
2,691
114,489
2,706
115, 825
2,728
114, 506
2,736
112,633
2, 769
112,152
2,773
117,363
2,777
'
5,310
4, 167
422
721
5,317
4,088
454
4,613
3,407
466
740
do
3 593
2, 645
111
837
3 855
2, 962
89
804
3 867
2,844
109
914
Balance on goods and services
do
+1,927
+1, 455
+1, 450
Unilateral transfers (net) total
Private
Government
do
do
do
— 1,204
— 114
-1,090
—916
—96
-820
— 1 328
-94
-1,234
— 1 262
-86
-1,176
U S long- and short-term capital (net) total do
Private
do
Government
do
— 502
— 422
-80
— 375
235
-140
— 729
-519
-210
—212
—15
-197
Foreign long- and short-term capital (net)
+404
+ 173
+508
+716
— 709
—555
—104
+84
+218
Errors and omissions
do
r
Revised.
f> Preliminary.
^Revisions for dividend payments for January-March 1951 will be shown later.
SNumber of stocks represents number currently used; the c:hange in the number does not affect the continuity of series.
4.12
107. 25
9
76 37
51 04
103 19
do
do
do
do
do
4.16
103.
267
49
99
92
77
59
83
Imports of goodq and services total
Merchandise adjusted
Income on foreign investments in U. S
Other services
Increase (— ) or decrease (+) in U. S. gold stock
mil of dol
T
2 9
8 0
6 8
p 7 90
4.28
5, 520
4,130
670
720
Other services
r on
q
51
p 0 f,Q
BALANCE OF PAYMENTS (QUARTERLY)
mil. of dol..
do
9
8
9
5
6
T
2 1
P fi 35
6 50
2 49
5.75
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
Exports of goods and services, total
Merchandise adjusted
8i
775
+203
T
r
r
3 860
2 690
99
1 071
+753
+7
r
o
SURVEY OF CURRENT BUSINESS
J a n u a r y 11)53
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-21
Decembcr
January
Febru-
March
May
June
August
July
September
October
Nov
b
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:
Quantity
Value
.
Unit value
Imports for consumption:
Quantity
Value
Unit value
Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
\djusted
Total, excluding cotton:
Unadjusted
Adjusted
Imports for consumption:
Un ad justed
Adjusted
.
279
565
203
281
586
208
247
509
206
262
542
207
279
578
207
262
544
208
287
595
208
231
473
205
199
411
206
214
435
203
242
495
205
239
486
203
135
403
298
131
390
299
149
446
300
147
440
298
157
474
302
154
456
296
142
411
290
145
418
289
143
407
284
140
398
283
151
430
284
169
471
279
136
103
148
116
129
123
125
151
121
143
95
120
104
129
81
110
56
75
65
73
77
62
93
70
do
do
158
138
157
141
157
163
164
207
178
213
139
169
159
181
121
148
102
130
112
112
117
93
142
113
do
__ do__
102
108
93
92
121
116
120
118
122
110
118
112
104
106
107
116
101
113
108
117
111
116
116
119
9,400
6,899
8,309
6,322
8,473
7,705
7,346
6,894
8,207
7,338
8,211
7,673
9,463
8,061
8,450
8,109
6,970
7, 688
7, 769
7,575
1936-38 — 100
do
do
do
do
do
1924-29 = 100
do
Shipping Weight
Water-borne trade:
Exports, incl. reexports^
General imports
thous. of long tons_.
do
T
Value
Exports, including reexports, total 1
mil. of dol_.
By geographic regions:
Africa
thous. of dol
Asia and Oceania
do
Northern North America
do
Southern North America _
do
South America
do
Total exports by leading countries:
Africa:
Egypt
do
Union of South Africa
do
Asia and Oceania:
Australia including New Guinea
do
British Malaya
_. - _ _. _ - _ . _ d o _ _
China©
do
India and Pakistan
_ . ._
do__
Japan
do
Indonesia
do
Republic of the Philippines
do
Europe:
France
do
Germany
do
Italy *
do
Union of Soviet Socialist Republics
do
United Kingdom
do
North and South America:
Canada
do
Latin-American Republics total
do
Argentina . . _ _
_
do _
Brazil
do
Chile
do
Colombia
do
Cuba
.-do_Mexico
do
Venezuela
do
Crude foodstuffs
1, 438
1,252
1,335
1,421
1.337
1.466
1,164
1,015
1,072
1,217
1,193
51, 379
294, 444
439. 696
180, 642
155, 186
205, 633
48, 346
223, 430
386, 044
192, 422
136, 435
152, 748
55, 557
258, 238
340, 248
203, 736
151, 888
188, 542
71, 799
238, 846
373, 171
227, 215
159, 127
200, 362
58, 616
220, 724
272. 795
242, 089
147, 395
175,944
50, 757
227, 161
313, 810
264, 760
157, 216
174, 466
44, 050
185, 467
25C, 342
249, 278
137. 015
139, 958
34, 408
145, 877
173. 967
210, 072
138, 970
131, 629
41,419
150,310
198, 278
219, 462
124, 740
135, 988
38, 714
147. 406
222, 051
245, 681
123, 657
139, 439
43, 993
170, 409
244, 370
256, 153
143, 791
133, 895
5, 609
18, 897
4, 033
21, 503
7,718
22, 166
5.757
17, 524
7,521
29, 070
10, 320
20, 825
5,015
19, 522
4,419
17, 738
3, 564
13, 175
5,563
14, 291
6, 742
15, 085
12,367
14, 806
24, 673
5, 139
0)
78. 027
58, 166
12.412
32, 579
26, 026
5.047
0
82, 097
55, 251
12. 606
41, 028
19,368
3,884
0
69. 625
44, 693
10, 343
23, 045
17,352
4,002
0
78, 827
51, 988
11, 800
25, 543
20, 973
3,792
0
66, 817
51, 065
12, 455
25. 275
17,362
3,215
0
47, 376
64, 035
9,971
21. 225
14, 430
3,240
0
37, 951
78, 114
10, 046
21, 404
11, 583
1,714
0
29, 040
56, Oil
9,267
25, 780
10, 128
3,129
0
18, 205
34, 138
12, 756
23, 020
7,922
2,171
0
14, 646
42, 515
10, 762
22,317
12, 222
2,900
0
13, 914
40,164
9, 964
21, 383
16, 645
2,712
0
13, 526
54, 763
9,984
21,517
40, 812
47, 482
34, 722
0
96, 012
48, 341
55, 299
44, 122
5
103, 044
41, 079
63, 151
41, 611
5
78, 569
29, 283
47, 137
41, 971
2
75, 810
43, 142
40, 801
48. 362
2
87, 006
34, 349
22, 132
37. 398
57,632
36, 328
31, 191
48, 893
0)
54, 608
27, 977
27, 715
49, 496
3
41, 522
16, 917
20, 148
19, 267
0)
32, 695
18, 991
36, 327
17, 192
(0
33, 716
21, 654
33. 249
18, 607
(')
50, 950
26, 924
47, 113
23, 781
4
52, 491
208, 174
327. 355
21. 558
71. 073
12, 641
18, 949
48, 993
62, 891
40, 122
180, 641
342, 788
18, 878
81, 924
19, 346
20, 256
44, 168
63, 502
39, 235
192, 422
274, 314
14, 750
57, 904
10, 460
15, 722
39, 866
55. 840
33, 666
203, 736
323, 981
14, 143
75, 328
12, 094
20, 957
49, 427
56, 992
43, 400
227, 196
343, 583
15, 138
74. 784
15, 125
20, 843
48, 697
65, 611
47,156
242, 081
306, 026
13. 211
65, 575
11, 083
18. 349
44, 035
58, 987
44, 977
264, 698
314, 096
13, 398
57, 825
12, 218
21, 231
43, 821
65, 843
44. 537
249. 028
259, 504
9,156
43, 231
8,287
17, 904
40, 983
56, 103
42, 148
210, 009
253, 782
7,730
40, 082
8,171
18, 172
45, 014
52, 435
38, 451
219, 391
246, 061
16. 561
35, 359
8,054
20, 582
36, 946
49, 291
35, 387
245, 671
248, 588
13, 761
29, 788
10,412
17, 637
39. 463
46, 181
47, 728
256, 137
261, 073
11, 241
28 995
10, 169
19, 069
45, 514
52, 540
43, 536
1,377
1,428
1,240
1,322
1,408
1, 327
1,451
1,152
1,003
1,061
1, 207
1,185
do_
do
do
299, 513
109,339
73, 422
148, 106
746, 421
336, 272
109, 195
69, 724
161, 459
751, 674
255, 504
128. 094
60, 466
137, 139
658, 692
228, 038
130, 213
74, 109
139, 260
750, 303
188, 038
176. 398
64, 346
160, 116
819, 341
157, 558
137. 995
56, 354
161. 789
813, 072
157, 579
151, 944
68, 541
153, 893
919, 525
142, 627
102, 165
58, 618
129, 620
719, 150
87, 049
72, 353
59, 376
108, 167
675, 614
114, 755
79, 566
48, 961
115,362
701, 977
147,010
79, 157
50, 460
124, 369
806, 082
154, 523
97, 084
61,091
132, 980
739, 036
do
do
do
do_
do
do
415, 986
165, 771
20, 978
119.634
24, 724
46, 000
460, 168
213, 167
20, 540
115.574
27, 657
43, 939
377, 196
148, 899
20, 141
130, 256
27, 048
25, 886
378, 434
132, 039
19, 473
146. 557
26, 936
23, 684
372, 263
94. 195
19, 383
183. 533
23, 498
21, 324
296. 338
73, 752
18, 261
145. 176
16, 303
14, 644
317, 504
68, 084
22. 242
165, 833
14, 666
21, 879
243, 173
55, 740
24, 857
107, 312
12, 144
20, 087
169, 534
10, 287
20, 634
84, 668
13, 414
21, 070
186, 086
21.048
18, 789
82, 284
14. 369
28, 160
220,016
50, 569
16,818
89, 237
10, 706
35, 629
263, 745
61,166
21,028
108,283
13, 345
30, 816
960, 816
97. 906
90. 358
61, 365
56, 445
968, 157
99, 081
89, 030
52, 262
67, 534
862, 698
77. 987
76, 200
58, 747
62, 802
943, 489 1, 035, 976 1, 030, 429 1, 133, 978
101,234
109. 788
104, 987
104, 080
78, 664
80. 859
69, 503
68, 266
45, 331
44, 868
43, 128
48, 512
62, 168
78, 382
74,883
71, 770
909, 007
89, 248
65, 073
48, 016
50, 779
833. 025
69, 854
60, 313
38, 398
29, 866
874, 534
55, 944
62, 549
44, 549
41, 410
987, 061
67, 809
60, 728
41,334
55, 825
920, 971
70, 412
61,664
35, 400
66, 310
214, 356
9, 574
24, 406
47, 227
17,391
103, 476
237, 952
10, 557
28, 477
49, 002
18, 303
118, 798
214, 603
10, 818
27, 251
42, 731
19, 764
104, 267
243, 726
12, 332
29. 740
52, 645
20, 287
116, 625
231, 876
15, 728
27, 689
51, 568
20, 605
107, 408
212, 764
13, 394
20, 633
48, 731
20, 025
101, 569
204. 495
13, 102
15.741
49, 137
20. 251
98, 790
197, 191
8, 003
14, 549
48, 367
21, 736
95, 390
214, 131
8,201
18,715
48, 969
24, 906
103, 382
Exports of U. S. merchandise, totall-- mil. of dol
By economic classes:
Crude materials
thous of dol
Manufactured foodstuffs and beverages
Semimanufactures 9
Finished manufactures 9 .
.
By principal commodities:
Agricultural products, total
Cotton, unmanufactured _ _ _ _ _ . _ .
Fruits, vegetables, and preparations
Grains and preparations ...
Packing-house products
Tobacco and manufactures*
1,387
46, 390
271, 537
377 369
208, 175
155, 995
187,113
do
Nonagrieultural products, total
do
Automobiles, parts, and accessor ies§cf do
Chemicals and related products^ _
do
Coal and related fuels*
do
Iron and steel-mill products . ... _ . _ d o _ _
Machinery, total §cf-~ --do A grieultural
do_ _ _ „
Tractors, parts, and accessories§
do
Electrically
do_ .
Metalworklng
do
Other industrial d*_ ...
_.
do.
264, 465
13. 872
34. 684
53, 875
23. 550
126, 394
238, 860
13, 927
30. 698
51. 155
21. 275
111,879
264, 374
14, 543
34, 118
56, 299
23, 302
125. 740
::::::::::
Petroleum and products . „
do.. . 73, 278
74, 137
65, 018
64, 207
70. 896
74. 343
63. 018
70, 074
64. 260
60, 502
71, 352
59, 078
56, 162
Textiles and manufactures
do
69, 960
72, 721
69, 591
53,894 1 48, 051
59,900
42, 697
57, 290
50, 822
58, 491
50, 630
Revised.
' Less than $500.
JTotal exports and variou s com ponent items in elude ship ments und er the Mut ual Securit y Program as follows (mil. dol.) : Novemb?r 1951 -Oct ober 1952,
respectively— 84.1; 59.6; 05.0; 82.0; 96.9; 153.7; 225.9; 112.0; 129.2 159.9; 244 0; 154.6.
Beginnir g July 19 50, certain items class>ed as "sp ecial categ ory" expo rts, althou gh include d in total
exports, are excluded from water-borne trade and from area and country data.
©Including Manchuria beginning January 1952.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
*New series. Data prior to August 1951 will be shown later.
§Excludes "special category" exports not shown separately for security reasons.
cfData beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.
r
1r>-»-r>
f~\
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1951
November
January 1953
1952
December
January
February
March
April
May
June
July
August
1
September
October
November
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES— Continued
FOREIGN TRADE— Continued
Value—Continued
818, 544
800, 629
921,887
892.033
963, 299
932, 854
834, 771
860,240
836, 043
816, 958
877, 352
918, 077
37, 775
146, 718
157, 334
199, 688
88 337
- do . _ 188, 693
34, 967
151.799
153,046
190, 085
93, 283
177, 449
68, 408
172. 689
176. 237
186, 971
127 202
190,380
68. 605
182,938 •
153, 682
177. 268
131.474
178.065
76, 649
205, 720
169, 576
195, 583
137, 915
177, 856
56, 085
203. 049
174. 429
189, 792
135.787
173.712
43. 370
168, 924
149, 273
195,517
129,294
148, 392
54.123
181,317
159, 892
210. 970
107, 033
146. 905
47, 234
157, 056
156, 770
191,404
99, 374
184,204
35, 249
160, 944
147,708
183, 408
90, 054
199, 595
30, 281
150,032
170, 650
206, 652
85, 695
234, 043
35, 033
165, 552
190, 603
219,112
86,031
221,746
do_ _.
do
812
11,078
1,063
6, 529
16,453
11,844
18. 907
10, 052
14,179
12,833
2, 973
8,994
2, 367
7,809
766
8, 652
7, 548
8, 275
2,460
7, 777
423
8, 287
323
6, 858
do
do
do
do
do
do
do
9,616
26, 479
2,719
19,134
15, 645
17, 297
15,882
22, 486
16,907
4, 725
19,317
14, 233
20, 075
15, 858
8, 518
38, 434
4, 902
22. 437
17.466
29, 704
14, 626
16,605
39. 094
5. 068
28. 069
14. 520
23. 281
17,213
12,293
65, 314
4,911
22, 905
18,540
21.921
21 , 284
21,916
42, 297
3, 699
27, 422
14,932
28, 098
16, 624
15,676
27,839'
2,336
25, 352
16,064
23, 445
22, 348
10, 459
32, 890
1,663
22, 873
16,984
29,120
26, 801
10,814
21,013
1,424
25, 296
18. 957
18. 856
25, 973
8,771
23,100
1,099
26, 374
17, 985
24, 676
23, 484
9,302
21,632
590
24. 231
23, 629
18,914
19, 024
8, 138
19, 941
1.341
24,912
24, 629
22. 755
18, 873
do
do
do
do
do
13, 587
17, 003
12, 364
3, 130
40, 318
15, 172
14,811
12, 979
2, 251
35, 446
20, 351
17, 682
11,242
1.150
39,017
15.020
16, 009
13,019
506
31.128
13,940
16,434
12,593
3.139
39, 961
14,010
14, 949
12,371
2,220
47, 267
11,202
15, 936
10, 679
805
43, 422
13,159
15,661
12, 576
1,611
37, 635
12.684
17,099
12.412
1 . 508
40, 374
12, 486
16,668
12, 552
1^241
35, 332
11, 765
19,133
10, 998
1.617
42, 995
15.483
23,001
17,251
1.373
46, 041
do
do
199, 672
260, 008
6 843
89.611
18, 197
34,611
31,244
27, 152
25, 822
827, 181
190, 080
249, 596
7,912
85. 000
11,693
36. 596
13, 325
32, 850
27,014
800, 223
186, 970
293, 779
8,294
69. 839
22, 246
42.011
30. 577
41,284
34, 098
914, 588
177. 265
288, 100
7,309
80, 426
13, 502
33, 950
32, 473
36. 177
30. 222
901,437
195,485
292, 942
9,945
74, 507
20, 292
28, 329
41,927
39, 686
31,027
971, 397
189, 682
290, 462
10.900
66, 865
15, 124
28, 071
47, 531
37, 497
35, 694
936, 120
195, 514
257, 240
9, 208
48, 216
16, 290
21,697
57, 1 31
32, 836
32, 936
843, 220
210, 425
237, 953
12,178
49, 431
13,102
24, 246
40, 437
30, 800
32,131
857, 259
190. 757 . 182,942
268. 683
278, 508
15,100
11,328
49, 574
63, 144
22, 453
31, 195
33,176
35, 704
36, 730
42, 347
25, 755
26, 401
32, 731
31,717
835, 114
815. 445
205. 855
306, 621
16,441
88, 896
36, 518
36, 324
37,109
25, 989
34, 804
882,131
218,769
287, 196
19, 574
76, 739
31, 261
30, 066
24, 447
29, 51 1
32. 964
965, 908
213,085
185,180
80, 746
183, 283
164, 887
216, 242
187, 554
58, 588
183, 533
154,304
269. 095
193, 714
79, 253
204, 964
167, 563
270, 459
207, 041
75, 511
185,931
162, 495
300, 390
194, 068
92,714
215, 678
168, 547
293, 547
172,612
91, 061
206, 379
172, 522
231,668
135,926
105,828
203, 498
166, 299
243, 288
149,603
94,516
199, 645
170, 207
213,860
149, 360
97,012
199, 799
175, 083
209, 826
144. 482
97. 640
201, 379
162, 117
205. 857
177, 241
102 381
220 500
176, 152
268. 708
162, 006
89.410
243,517
202, 268
379, 218
10,378
Cocoa or cacao beans, incl. shells*
do
127, 046
Coffee
do
5, 828
Hides and skins
do
54, 489
Rubber, crude, including guayule
do
24, 379
Sugar
do
30, 583
Wool and mohair, unmanufactured
do
447, 963
Nonagricultural products, total
do
5, 899
Furs and manufactures
do__ _
Non ferrous ores, metals, and manufactures,
59, 750
total
thous. of dol_.
21,799
Copper, incl. ore and manufactures,. do
4, 156
Tin including ore
do
31 , 033
Paper base stocks
do
47, 951
Newsprint
do
48,415
Petroleum and products
do
360,194
10,533
138, 847
5,154
43, 997
7, 566
35, 215
440, 029
9,536
436, 838
19, 274
134,147
5, 493
80, 393
25, 749
37, 906
477, 750
6, 571
439, 197
17,071
153,943
4,026
73, 821
29, 394
33, 648
462, 240
6, 352
435, 698
20, 992
138,108
4, 238
80, 730
43, 382
33, 850
535, 699
8,079
408, 335
17, 900
115,485
6, 223
75, 927
41 , 832
37,711
527, 785
7, 767
353, 198
21,291
76, 128
4,496
49, 046
50, 893
31,579
490, 022
6, 500
344, 843
22, 303
82, 679
6, 532
52,132
43, 653
23, 339
512,416
7,293
328, 522
10,161
95, 442
5, 832
32, 558
43, 724
27, 645
506, 592
7,168
337, 172
6,871
99, 124
5, 298
40. 999
44, 526
24, 060
478, 273
5, 790
360, 598
6,344
126, 550
3,935
30, 996
40. 161
25, 086
521 , 533
4, 924
371,257
2,897
109,590
4,869
32,613
19,528
63, 073
594. 651
7, 035
65, 183
19,859
7,871
30, 483
44, 799
48, 103
65, 581
28, 625
2 552
33, 477
42, 230
60, 458
78, 895
22, 774
5, 244
31,727
43, 246
53,717
132,381
27, 391
22, 370
29, 326
44. 960
55, 321
129, 090
24, 906
31,076
24, 649
45, 587
60, 1 56
116, 138
21,763
22, 384
25, 569
'44, 484
58, 290
122,110
20 857
34, 388
24, 703
50, 938
55, 079
126, 292
41,986
32, 037
21,546
50, 191
53, 913
109, 014
42. 836
28. 282
23, 718
47, 359
51, 754
114. 528
47, 940
23, 344
26 390
49, 899
52, 230
122,912
41 , 848
30. 693
27. 071
51 , 003
64, 260
36, 475
36, 612
35, 566
36,213
11,612
12, 475
5, 201
2,140
13, 720
1 5. H26
5. 731
2. 1 r.3
19, 505
d
19, 793
20, 561
20, 901
56
7
General imports totfil
By geographic regions:
Africa
Asia and Oceania
Europe
Northern North America
thous of dol
-
South America
By leading countries:
Africa:
Egvpt
Union of South Africa
Asia and Oceania:
\ustralia including New Guinea
British M^alaya
ChinaO
India and Pakistan
Japan
Indonesia
Republic of the Philippines
Europe:
France
Germany
Italy
Union of Soviet Socialist Republics
United TCingdom
North and South America:
Canada
Latin-American Republics total
do
do
do
. 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:
r
TRANSPORTATION AND COMMUNICATIONS
TR AN SPORTATION
Airlines
Operations on scheduled airlines:
M^iles flown revenue
thousands
Express and freight carried
short tons
Express and freight ton-miles flown_. thousands __
Mail ton-miles
flown
- do
Pa^engers carried revenue
do
Passenger-miles flown, revenue
do
30, 290
17, 783
11,492
5,993
30, 973
5,871
1,576
852, 723
30, 896
16, 269
11, 734
5, 688
1, 520
799, 871
13, 039
5, 681
1,733
926, 746
33, 887
19, 247
12, 887
5, 649
1,889
994, 729
32, 221
18, 484
19,121
11,911
33, 363
19,142
32, 274
17,815
11,442
34, 058
18,341
1,664
812, 028
12, 444
7, 966
1,571
834, 298
thous. of dol .
do
18, 725
22, 746
20, 143
20, 061
20, 090
19, 982
19, 958
19, 592
65
44
77
97
46
19
*5
2
cents..
millions
thous of dol
10. 7032
10. 8224
10. 8808
11.0560
11.0852
11.1922
11.2579
11.3820
11.4477
11.7810
11.9148
11.9465
1,068
127, 800
1,099
139, 200
1,072
128, 500
1,006
1,062
126, 500
1,053
129, 400
1,050
128, 300
962
118, 000
921
123,900
117,300
919
121, 800
975
119, 000
1. 048
133, 500
T
11, 700
5, 109
2, 062
5, 527
1,831
973, 389 1,116,764
5,115
2,012
1,081,742
5,225
2,128
1,142,731 1,121,868 1,119,674
Express Operations
Operating revenues
Operating income
4
0)
Local Transit Lines
Fares, average cash rate
Passengers carried revenue
Operating revenues
12. 1776
964
Class I Steam Railways
Freight carloading (A. A. R.):cT
2,886
3, 624
2,912
3, 677
3,363
2, 608
2, 236
3, 522
2,828
3,882
3, 155
Total cars
._ ... .thousands..
498
686
587
607
636
478
317
613
760
627
642
Coal
do
66
15
65
79
53
68
57
22
58
82
66
Coke
.do
179
175
179
165
172
218
201
170
243
175
198
Forest products
. . __.
do
255
162
187
195
234
204
232
263
197
240
210
Grain and grain products
do
49
36
24
33
37
42
26
42
34
51
46
Livestock
_ __
do
387
44
211
105
403
96
447
76
70
118
202
Ore
do
289
364
297
350
278
257
294
377
263
331
285
Merchandise, 1 c. 1
do
1,579
1,480
1,803
1, 155
1, 852
1,298
1,405
1, 463
1,888
1,747
1, 524
Miscellaneous. .
do
r
d
Revised.
Deficit.
1
Less
than
$500.
©Including
Manchuria
beginning
January
1952.
*New
series.
Data
prior
to
August
1951
will
be
shown
later.
d1Data for December 1951 and March, May, August, and November 1952 are for 5 weeks; other months, 4 weeks.
3,294
439
58
178
221
66
357
302
4,001
1,673
1,938
713
74
225
253
67
371
360
SURVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S--23
1952
1951
November
January
February
March
April
May
June
August
July
September
October
November
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Class I Steam Railways— Continued
Freight carloadings (Federal Reserve indexes i:
Total unadjusted
1935-39—100
Coal
do
Coke
do
Forest products _ _
do
Grain and grain products
do
Livestock
do
Ore
- do
Merchandise 1 c 1
do
Miscellaneous
do _
Total adjusted
_
do
Coal
do
Coke
do
Forest products
do _
Grain and grain products
__do_ _
Livestock
do
Ore
. -- - --- - do
Merchandise 1 c 1
do
Miscellaneous
- do
Freight-car surplus and shortage, daily average:
Car surplus total
number..
Boxcars
_ _ ..
do _
Gondola s and open hoppers
do
Car shortage, total .- -. .
._ do _ _
Box cars
do
Gondolas and open hoppers
do
Financial operations:
Operating revenues total
thous of dol
Freight
- - do
Passenger
do
Tax accruals, joint facility and equipment rents
thous of dol
Net railway operating income
do
Net income^
- - - do
Operating results:
Freight carried 1 mile
mil of ton-miles
P
' 1 1 rnile" reveniip
millions
47
149
123
127
216
128
135
65
73
43
134
128
133
214
139
146
64
64
44
138
126
120
203
140
137
57
69
47
140
124
111
198
141
128
53
75
48
142
123
103
163
142
115
65
195
47
139
124
101
178
131
116
59
292
45
138
111
96
68
144
165
45
82
44
122
104
75
56
147
183
45
73
43
116
129
101
154
157
145
61
323
46
141
145
135
187
151
138
93
352
48
155
138
93
185
146
157
117
314
48
158
138
123
195
149
144
95
258
47
150
137
140
218
152
159
70
180
46
144
133
127
206
144
143
68
235
44
142
141
133
203
155
146
67
256
46
151
136
120
192
146
140
72
277
49
149
133
111
196
141
139
66
257
47
149
126
103
166
142
130
73
212
46
141
122
101
179
126
132
66
212
45
137
108
96
69
139
161
56
53
44
119
102
75
57
146
153
56
46
43
115
125
101
160
149
134
65
216
46
140
134
135
189
140
123
70
235
45
144
127
93
188
139
157
76
211
46
145
134
123
195
152
147
76
233
46
144
3,375
203
4
8,586
2,459
5,311
7, 855
1,456
298
3,889
1,201
2, 336
11,255
3,396
1,859
3,906
1,430
2,014
8,185
1,012
2,084
3,992
1,747
1,550
9,264
2,161
1,516
2,621
845
993
17, 100
4,108
3,339
1,874
24, 363
11,153
2, 554
2,296
704
959
40, 311
7,477
26, 642
2,070
1,490
717
448
17, 418
2,114
7,888
6,156
2,448
3,429
5,693
331
113
12, 028
3,822
7, 691
8,914
365
857
28, 136
14, 669
6,372
2,933
1,865
6, 996
14,194
8, 235
5,169
5,294
33
2, 030
7, 075
4, 253
2,472
903, 864
743, 296
71,795
672, 482
902, 695
689, 298
88, 238
649, 044
867, 034
712,906
82, 343
685, 369
844, 966
704, 301
73, 470
649, 687
875, 471
729, 286
74, 077
675, 135
847, 478
702, 145
71,906
667, 433
870, 315
720, 138
75, 955
676, 418
814, 338
663, 869
81,702
645, 934
790, 718
644, 792
80, 482
634, 398
899, 734
744, 841
80, 548
663, 360
942, 139
796, 010
70, 581
674, 577
985 215
838, 101
60, 027
707, 483
136 373
95, 008
68, 058
118 479
135,172
150, 661
115 598
66, 067
41,364
119,385
75, 895
49, 244
123, 697
76, 639
50, 239
107, 732
72, 313
45, 341
110 927
82, 970
54, 342
100 529
67, 875
48, 988
95 357
60, 963
35, 469
131, 334
104, 939
78, 155
146 650
120, 913
94, 456
157 064
120, 669
90, 073
56, 740
1 369
2 697
52, 664
1 372
3 354
54, 700
1.367
3 089
54, 089
1.370
2 697
55, 949
1.372
2,759
52, 147
1.412
2 684
54, 557
1.393
2 802
47, 293
1 475
3 065
44, 817
1 524
3 076
56, 949
1. 377
3 133
58, 213
1.430
2,696
58, 066
1 503
2 481
9 343
5 470
3 873
8 197
4 690
3 508
8 348
4 688
3 660
7,837
4 696
3 141
8,839
5 389
3 449
2,571
2,915
1,205
2,637
1,004
2,619
1,011
3,115
1,130
3,039
1,035
2,979
1,188
2,948
1,256
2,649
762
2,511
907
909
2,888
1,148
3,261
1,236
2, 866
1,077
6.83
6.18
6.37
6.39
6.24
6.74
140
140
218
149
156
88
174
25
Waterway Traffic
Clearances, vessels in foreign trade :§
Total U S ports
thous of net tons
TT
f- r\ CM- t
do
Panama Canal:
Total
In United States vessels
thous. of long tons
do
Travel
Hotels:
Average sale per occupied room
dollars
Rooms occupied
_ _. percent of total .
Restaurant sales index
same month 1929=100-Foreign travel:
6.20
6.70
6.39
7.15
6.91
7.13
7.17
77
65
77
79
77
79
79
72
243
218
242
240
225
251
266
260
237
76
255
78
251
83
259
72
241
51,315
44, 084
1 606
28, 347
18, 364
53, 587
52, 188
1 628
26, 501
17, 592
50, 857
54, 537
1 661
24, 862
27, 374
61, 682
71, 370
1,417
19, 205
31, 638
65, 249
68, 599
1,439
23, 897
44, 164
61, 610
72, 209
1,518
20, 431
48, 658
299
346
559
29, 361
4,270
25, 062
1,603
17, 109
232
34, 150
4, 008
21 , 497
216
76, 484
109, 740
1,744
18, 361
45, 330
2, 455
88 798
111,036
353
58, 893
79, 967
1,704
18, 898
51, 528
1,075
982
375
788
9,579
780
985
886
867
C82
10, 655
9,446
10, 145
8, 618
9,113
717
10, 808
716
9,074
718
12, 072
763
809
9,531
762
9,343
thous of dol
do
do
334, 449
196, 380
113,990
341,381
199, 422
117, 526
339, 151
198, 907
115, 814
332, 063
196, 952
110, 319
345, 353
202, 195
118, 143
343, 596
203, 861
114, 762
352, 525
205, 171
121, 895
351,732
206, 102
119, 781
351,597
204, 358
120, 635
354, 143
205,144
122, 471
357, 925
210, 387
120,911
do
do
thousands
235, 785
39, 647
40, 451
242, 793
40, 855
40, 679
240, 030
39, 077
40, 127
231, 914
39, 702
40, 314
238, 954
42, 437
40, 516
234, 873
43, 627
40, 662
248, 667
41, 238
40, 847
245, 862
42, 238
40, 966
258, 743
37, 140
41, 105
252, 771
41,077
41, 255
255, 480
40, 878
41,419
16, 120
14, 679
720
17, 423
15, 548
1,317
16, 789
15, 191
717
15, 875
14, 328
716
16, 801
14, 923
1,016
10, 384
12, 894
15, 839
14, 544
474
15, 847
15, 101
d 47
15, 633
14, 883
t%2
17, 251
15, 534
974
2, 235
1 669
2,448
1 730
517
2,199
1 752
2,114
1, 733
2,164
1,880
2,101
1 798
192
2,250
1 7^2
270
2,081
1,766
236
2,237
1, 759
274
2,155
1,702
378
105
60
91
2,377
1 779
383
2 532
2,036
2 726
2, 156
2 669
2, 099
2, 510
2,013
2,592
2, 094
2,433
2,066
388
495
443
372
388
2,546
2, 156
271
2,517
2,056
340
2 585
2,084
388
2 385
2,038
246
2,461
2,090
259
V S citizens departurescf
do
T
'' 1
do
Passports issued
do
National parks visitors
thousands
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous of dol
COMMUNICATION S
Telephone carriers:©
Operating revenues
Station revenues
Tolls message
Operating expenses before taxes
Net operating income
Phones in service end of month
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous of dol
Operating expenses, incl. depreciation
do
Net operating revenues
do
Ocean-cable:
Operating revenues
do
Operating expenses incl depreciation
do
Net operating revenues
do
Radiotelegraph:
Operating expenses incl depreciation
Net operating revenues
r
d
do
do
7,233
10, 243
d
3, 698
251
252
78
d
S, 247
9, 064
Revised.
Deficit.
iRevised data for October 1951, $101,831,000.
§Beginning July 1951, data exclude vessels under time or voyage chaiter to Military Sea Transportation Service.
cfData exclude arrivals and departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.
OData relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier
data.
SUKYEY OF CUKEENT BUSINESS
S-24
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
19 11
December
November
January 1033
January
F
^'
March
April
May
June
July
August
September
October
171, 721
0)
47, 947
r
65, 370
209, 966
r
57, 334
(i)
134 588
2,023
r
185, 295
184, 319
0)
56, 315
55, 294
227, 970
61, 646
0)
140 866
2, 251
206, 333
349,
218
r
7 001
242, 700
405, 778
8, 355
260, 742
November
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production :J
Ammonia, synthetic anhydrous (commercial)
160, 034
151,632
177,059
165. 105
172, 099
158, 848
short tons__ r 155, 869 r 160, 859
630
442
Calcium ar^enate (commercial)
_ _ do_ .;
0)
0)
0)
(0
0)
0)
56, 074
60, 601
58. 380
69, 095
72. 178
67, 788
69, 730
67, 974
Calcium carbide (commercial)
do
63.
579
72,
417
53.
756
44.
062
42,154
41,033
45,
807
47,
307
Carbon dioxide, liquid, gas, and solid G
do
r
221, 169
214, 128
200, 169
215. 570
229, 472
219
981 r 229, 681 230, 271
Chlorine gas
do
r
48, 851
53, 129
50, 669
60.r 472 r 59, 055
60. 191
57. 966
58, 868
Hvdrochloric acid (100% HC1)
do
150
1. 550
763
279
436 r 1,456
1,985
1, 520
Lead arsenate (acid and1 basic)
do
r
122, 670
137, 924
128. 065
128 978
144 696
135
206
140 976
133
096
Nitric acid (100% UNO ?)
do
T
r
1,954
1,941
2.008
2,
156
1,
944
2,019
1,
940
1.131
Oxygen (high purity)
mil. of cu. ft
172, 135
173,334
153,497
151.684
151,922
168, 272
151,361 r 151, 099
Phosphoric acid (50% TfsPOi)
short tons
Soda ash, ammonia-soda process (98-100%.
334,
449
363,
579
358,
448
372,
529
367.
380
337,
710
389,
487
374,
204
Na2COs)
short tons
r
5, 656
9. 722
6,428
6.745
11,224
8,590
10 305 r 10 030
Sodium bichromate and chromate
do
r
230, 883
258, 521
250. 564
247. 734
271, 996
269. 926 r 275, 845 263, 320
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhyr
41, 194
36. 794
38, 565
45 268 r 43 192
45 705
43 599
46, 852
drous)
short ton 5 ?
Sodium sulfate, Glauber's salt and crude salt
r
65, 838
65, 646
67, 031
67, 363
73. 973
72, 078
75, 289
69. 639
cake
short tons
Sulfuric acid (100% H2SO4):
'1.133,646 1,181,247 1.165.356 1,131,289 1.174,836 1,115.602 1, 109.076 1, 007, 709
Production
do
Price, wholesale, 66°, tanks, at works
20.00
20.00
20.00
20.00
20.00
20.00
20.00
20.00
dol. per short ton.
Organic chemicals:
Acetic acid (synthetic and natural), production
26. 380
27. 980
26, 535
30. 261
34, 874
29, 138
35, 262
37. 711
thous of Ib
51, 944
27, 591
31, 536
45. 887
42, 711
59, 358
71, 798
67, 032
\cetic anhydride production
do
957
1,109
1.073
1,247
1,178
952
1,185
1
046
\cetvlsalicylic acid (aspirin) production do
Alcohol, ethyl:
33,
857
26,
062
32,
922
42,
254
42,
421
41,
129
39,
825
40,
477
Production
thous. of proof gal .
82. 344
74, 420
97, 550
94, 566
94, 442
95, 361
89, 361
91, 184
Stocks total
_ _ .. _. - do
In industrial alcohol bonded warehouses
50, 584
55. 592
51, 949
58, 660
58, 891
54, 937
59, 296
61, 830
thous. of proof gal...
23, 837
41, 959
30, 395
35. 675
35, 782
40, 425
30, 064
29, 280
In denaturing plants
oo
33, 102
34, 108
44, 935
30, 539
40, 939
42, 061
48, 917
45, 739
Used for denaturation f
do
1,447
1,755
1,395
1,788
1,993
1,861
2,399
3,179
Withdrawn tax-paid
do
Alcohol, denatured:
17,
868
18,368
24,
060
16,
481
26,
106
21,
924
22,
458
24,
425
Production
thous. of wine pal..
18, 018
20, 284
19, 984
24, 768
21, 388
21, 501
24, 196
21, 957
Consumption (withdrawals)
_ _ - _ _ do
8,
055
12,
093
13,
608
8,555
10,
478
14,037
8,340
7,477
Stocks
.-_
do
7,077
14, 401
13. 293
11 559
13 546
11 293
10 635
12 301
5, 873
4 419
4 204
4 160
5 470
4 359
3 887
8 144
Fthvl acetate (85%) production
thous of Ib
Glycerin, refined (100% basis):
High gravity and yellow distilled:
7,099
7,538
5. 647
6,770
6,745
6,192
4 849
5 129
Production
thous of Ib
6,374
6.385
6, 239
5.521
5,617
5, 798
5,087
5,677
Consumption
_ _ _
_ . _ do
14, 427
17,578
17.013
16,219
17, 447
18, 104
15, 284
Stocks
do .15, 623
Chemically pure:
5,428
12, 528
7,178
9.681
11,113
11, 704
11, 529
11, 078
Production
do
7,008
7,015
7,040
7,219
7,398
7,976
7,305
6,407
Consumption
do
24, 507
29, 435
28, 382
26, 685
26, 582
28, 107
25, 483
26, 884
Stocks
- - - --do-Methanol, production:
175
158
173
185
201
192
115
175
Natural (100%)
thous. of gal
11,881
13, 498
13, 111
13, 951
13, 756
17 224
14, 226
16 503
Synthetic (100°O
do
21.348
19, 225
21.263
19 462
21 519
20 694
18 844
19 926
Phthalic anhydride production
thous of Ib
167.574
173.326
704
0)
52.238 , 45, 812
80, 662
79. 391
194. 285
207, 964
54, 462
49. 282
(i)
01
118.340
128 886
1.046
1.862
153. 609
1 79. 200
336. 327
3. 722
224. 462
370. 877
5.882
242, 721
34, 403
35 521
44 948
59 997
58. 999
66, 516
68, 913
75, 221
968, 467 1,066,592
r
r
l ,079,457 1, 164, 427
20.00
20.00
20.00
34, 256
65, 963
845
32. 979
70. 859
823
32 781
74, 404
807
39, 292
77, 437
32, 984
82, 661
47, 610
29, 827
35, 397
2,052
20.00
20.00
36, 439
87, 430
35, 839
85, 838
31 552
81,702
47, 420
35, 241
28, 577
1,629
48, 430
39, 000
31, 249
2,057
46, 419
39,419
35,172
2,058
42, 2X1
39, 421
34, 280
2,101
19, 039
17, 468
9,100
6,509
4 152
15, 437
18, 261
7,158
12, 547
8,813
16, 987
16, 799
7,326
12, 538
7,984
19, 226
19,166
7,347
19, 61 \
18, 428
8, 548
5,855
6,003
13, 553
6,511
6,538
12, 246
7,279
6,975
12, 066
7,602
8,101
11, 447
6,237
6,628
21, 684
9,035
7,536
19, 080
10, 040
7,991
17, 173
11, 147
8,886
16, 211
195
11, 890
18, 955
179
12, 059
16 462
234
11,143
17, 954
194
FERTILIZERS
Consumption (14 States) §
Fx ports total
thous. of short tons
short tons
Phosphate materials
Potash materials
do
do
Imports(r total
- - do.
Nitro enous materials total
do
Nitrate of soda
do
Phosphate materials
- do
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses
- - dol. per short ton.
Potash deliveries
short tons.
Superphosphate (bulk) :
Production
do
1
Stocks end of month
do
742
220. 305
27 772
130, 159
6,772
604
209, 754
27 632
145, 546
5, 433
1,152
201, 552
20, 560
154, 761
9,056
1.348
214, 991
28. 775
161. 570
7.619
1,827
191, 261
10, 802
163, 553
7,469
1,819
204. 452
15, 296
173. 431
6.147
1,167
207, 943
15.353
176, 649
7,887
530
136, 743
7,652
117, 254
7,227
2389
203, 643
24, 643
164, 357
7,015
2380
208, 593
19, 939
170, 215
7,227
2
599
171, 683
28, 068
124, 084
5,893
'2559
246, 357
7,955
223, 350
12, 602
155, 601
105, 877
36 395
9,210
28, 131
173, 298
101, 457
41, 7X0
19, 358
44, 934
219, 807
152, 137
54. 651
8,588
49. 833
255. 151
165. 806
72, X14
17. 751
55, 022
257, 090
186, 622
59, 960
21, 606
27, 731
173, 163
96, 732
18, 706
17, 510
26. 981
202, 037
147. 263
33,915
6,832
12, 488
208, 013
151, 448
90, 517
14, 698
23, 258
141, 032
100, 674
37, 015
7,318
21, 293
169, 119
122, 146
50, 865
8,166
27, 336
236, 462
171, 634
60,905
6,460
33, 020
220, 823
165,102
69, 842
10, 856
30, 821
57.00
119, 074
57.00
121, 535
57.00
114, 903
57.00
123, 582
57.00
140, 625
57.00
125, 600
57.00
157, 711
57.00
127, 810
57.00
113, 167
57.00
122, 979
57.00
149, 678
57.00
139, 778
941, 330
893, 639
966, 024 1. 033. 449 1, 101, 454 1, 137. 270 1,074,722
954, 651
897. 818 1.01*. 0X1 1,238,946
163 9X2 1 251 797 1. 293. 588 1.217,295 1. 046, 710
926, 657
1,366,549
2572
57.00
119,040
929, 313 1,048,273
957 418
1 424,214 1,405,661 1. 402 598
NAVAL STORES
Rosin (guru and wood):
3
948, 760 1
392, 400
507. 600
Production quarterly total
drums (520 Ib.)
74H 700
722, 580
904 650
Stocks end of Quarter
do
Price, gum, wholesale, "WG" grade (N.Y.), bulk
4
8.50
8. 55
8.55
8.70 ;
8.35
8.50
9.35 1
8.70
8.35
8.50
<9.40
9. 40
9.65
dol. per 1001b._
Turpentine (gum and wood):
3
331, 000
i 127, 940
167, 540
Production, quarterly total
bbl. (50 gal.)- _
194. 450
214, 640
197. 630
Stocks end of Quarter
do
.63
.61 i
.60
.66
.62
.60
.62
.62
.86
.76
4.80
* .80
.62
Price, gum, wholesale (N.Y.)
dol. per gal._
T
l
Revised.
Not available for publication.
2
Total
for
12
States;
excludes
data
for
both
Virginia
and
Kentucky
(effective
July
1952,
Kentucky
will
report
semiannually;
see
note
"§"
3
4
below for Quarterly data for Virginia).
Total for April-September.
Savannah price. January 1952 quotation (Savannah) for rosin, $9.40; for tur•pentine, $0.80.
JRevised data for January-October 1950 and 1951 are available upon request.
QData beginning January 1951 exclude amounts produced and consumed in the same plants manufacturing soda ash.
fRevised series. Data shown prior to the November 1951 SURVEY represent alcohol withdrawn for denaturation.
§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951— January-March, 312; April-June, 18; July-September,,
91; October-December, 111; 1952—January-March, 322; April-June, 331; July-September, 90.
SURVEY OF CURRENT BUSINESS
January 1953
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November
S-25
December
January
February
March
April
May
June
July
August
September
October
November
764
62, 515
1,010
66, 177
1,184
66 6?1
1,016
59 840
CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
High explosives _
Sulfur:
Production
_
_
Stocks .
thous. of lb__
do
1,591
62, 244
1,164
53, 297
1,355
55, 512
1,193
59, 669
842
57, 659
706
61, 905
556
63, 111
489
57, 251
586
51, 315
418, 655
435, 828
412, 481
445, 014
433, 871
454, 960
460, 058
_long tons
443,017
477, 939
447, 481
428, 810
436 143
430 811
do _ _ - 2, 805, 902 2, 837, 432 2, 851, 214 2, 883, 571 2, 850, 666 2, 808, 368 2, 827, 506 2, 902, 335 2, 982, 331 3, 047, 591 3, 081, 284 3,064 952 3, 053, 843
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:J
Animal fats:
398, 619
388, 109
365, 093
417, 530
349, 058
321, 630
Production
thous. of lb__ 378, 755
290, 088
305, 335
290, 840 r 358, 024
286, 050
366, 547
119, 944
112, 690
121, 909
121,614
96, 644
117, 906
114, 807
Consumption, factory
do _115, 548
95, 111
114, 199
110, 119
104 045
128 965
269,
893
303,
436
327,
037
329,
625
325,
955
329,
408
336, 784
Stocks, end of month
do
367 590
377, 329
329 643 296 004
339 625
327 150
Greases:
58,013
56, 659
58,919
58, 217
52,114
50, 357
49, 982
Production
do
49 486
44 932
43 600
46 040
55 434
54 838
42, 855
42, 189
45, 248
42,173
40, 075
37, 913
36, 701
Consumption, factory
do 31, 969
31, 098
35 164
37, 100
34 533
44 866
104,
574
100,
465
103,
801
105,
938
100,
536
105, 411
Stocks, end of month
do
111 895
118 495
115 580
107 634
113 738
1 01 1 ^9
107 530
Fish oils:
5,141
2,297
2,305
298
900
Production
do
169
11,060
12 748
22 631
13 407
5 743
22 683
9 9RS
11,477
9, 089
8,578
9,429
9,451
9,840
9,758
Consumption, factory71
do
8,331
11, 763
10, 174
9 919
14 975
15 957
102,
999
96, 437
82, 084
73, 055
Stocks, end of month d
_ . _ __
_ do_ .
73, 295
68, 538
66, 640
69, 931
84, 479
89, 990
88, 854
92 801
103 115
Vegetable oils, oilseeds, and byproducts:^
Vegetable oils, total:
604
552
584
522
483
430
382
Production, crude
_
mil. of Ib
343
305
433
354
592
6 97
484
478
529
509
482
487
442
Consumption, crude, factory
_ _ do_ _
413
410
361
394
532
566
Stocks, end of month:
1,254
1,206
1,279
1,287
1,275
1,202
1,123
1,054
962
1,017
952
1,095
Crudecf
- do. _
1 050
364
589
445
504
556
632
Refined _
do
624
572
536
438
498
578
61, 395
58, 561
58, 618
68, 101
58, 899
39,913
49,815
32 674
Exports
thous of Ib
30 911
27 991
41 331
36, 491
24, 878
24, 596
qc I Qn
35,813
39, 332
31,067
28, 638
Imports, total
do
35, 478
30, 935
32 922
35 171
3.989
442
1,886
2,050
2,563
4,389
2,049
5,051
Paint oils ._
_ __ __
do _ _
5,447
5 177
2,153
3 f\i\4
32, 502
35, 371
22, 032
37, 446
22, 827
26, 678
26, 590
All other vegetable oils
_
do
25, 884
30, 031
29 993
30 769
Copra:
35, 774
28, 859
26, 367
32, 794
29, 807
30, 476
23, 068
18, 028
Consumption, factory
_
short tons
16, 051
32, 550
30 262
37 665
35 228
21, 546
21,063
27, 492
20, 923
25, 202
11, 952
Stocks, end of month
._ do_ _
11,267
4,061
11, 974
10, 070
12, 324
13 570
16 591
4 Q KOQ
41,011
34 681
25, 848
31, 787
36, 287
23, 608
21 892
Imports
do
16 456
21 390
23 507
29 563
Coconut or copra oil:
Production:
36, 929
44, 976
33,176
37, 492
38, 132
41, 626
29, 564
Crude
thous. of lb__
21,486
22, 632
41, 096
45, 425
47, 692
38, 622
26, 578
22, 714
30, 494
31, 625
31,011
Refined
_
do
27, 987
32, 465
27, 765
26, 745
38 003
31 423
36 466
41 035
Consumption, factory:
36,159
45, 222
39,710
47, 698
42, 364
48, 037
48,315
Crude
__
__
_ do
43, 436
41,119
56, 545
51 836
47 506
61 323
22, 459
20, 254
27, 486
25, 099
26, 727
28, 085
28, 306
Refined
do
26, 131
23, 431
34 112
35 858
°6 344
30 364
Stocks, end of month:
84,
528
92,
073
82,
279
82,
143
81,387
79, 869
67, 285
49, 699
56, 707
46 974
Crude of
do
50 718
42 465
45 915
8,342
8,961
8,839
9,863
9,103
9,013
Refined __ _ _ _
_
_ _ do
8,899
7,596
7,578
7,616
8 730
8 334
8 415
12, 745
9,718
7,921
3,731
7,173
1,767
7,522
15,089
Imports
do
9,777
10 137
12 237
14 152
Cottonseed:
r
r 1 757
322
55
617
22
14
Receipts at mills
thous of short tons
163
14
78
1 033
1 170
398
1 097
776
653
688
Consumption (crush) _
_ do___
433
545
218
306
153
117
'521
r 782
719
148
802
1,966
1,931
1,515
Stocks at mills, end of month
do
1,180
518
315
176
137
2 388
386
1 035
2 010
Cottonseed cake and meal:
303, 841
361, 949
319, 884
253, 208
201, 182
146, 191
101, 133
Production
short tons
69, 838
55, 746
248 660 379 384
348 802
70 059
55, 430
60, 316
56, 737
Stocks at mills, end of month. __ __ __do _
47, 336
56, 176
46, 396
45, 104
57, 870
58, 946
115,114
47 876
144 420
81, 857
Cottonseed oil, crude:
244, 053
206, 005
44 7(58
176, 041
143, 727
106, 633
218, 547
72, 082
Production
thous. of Ib
52, 822
41, 143
249 604
156 459
231 827
184, 843
186, 292
162, 209
188, 644
174, 795
129, 093
Stocks end of month
_
do
96, 917
58, 602
41, 077
162 946
38 375
103 809
187 933
Cottonseed oil, refined:
182,
865
186,
793
136,
955
185,
037
164,
076
123, 723
100, 080
54, 023
Production
_
__
do
79, 578
173 856
71 655
42 285
190 222
122, 100
118, 578
135, 226
117, 870
107, 399
106, 108
109, 369
Consumption factory
do
113, 260
90, 150
119 867
103 262
92 727
86 586
35, 858
35, 335
44, 497
35, 623
28, 019
94 707
28, 523
28, 784
28, 764
17, 070
In oleomargarine
__
do
32 434
29 238
23 978
225, 137
292, 881 i 336, 814 1 383, 410 1 413, 893 1 434, 758 1 432, 620 1 401, 400 1361,320 1 318 006 *288 212 1 343 165 i 445 493
Stocks, end of month
_ _ _ _ _ _ do _
.218
.213
.203
.220
.190
.180
Price, wholesale, drums (N. Y.)*-.dol. per lb__
.180
.185
.205
.191
.191
.205
.192
Flaxseed:
2
34, 696
Production (crop estimate) §
_thous. of bu
3 31 002
Oil mills:
2,854
2,581
2,298
Consumption
do
2,243
2,196
1,897
2,083
2,172
1,580
2,303
2,295
2,903
2,699
6,831
7,098
Stocks, end of month
do
6,407
4,430
5,547
3,608
3,440
3,059
3,346
5 461
5 621
3 794
6 154
4.40
4.56
4.54
Price, wholesale, No. 1 (Minn.)
dol. per b u _ _
4.23
3.93
4.16
3.96
4.02
4.00
4.17
4.17
4.08
4.10
Linseed oil, raw:
54, 981
52, 120
46, 857
Production
thous. of Ib
45, 707
38, 953
44, 020
41 647
44 015
31 860
46 702
46 904
54 620
58 017
46, 173
42, 363
Consumption, factory
do
41, 734
43, 661
44, 651
40, 462
43, 685
43, 565
45, 899
51 841 r 53' gQ8
47 674
54 981
642, 236
656, 147
652, 657
Stocks at factory, end of month
do
659, 688
659, 383
646, 589
638, 021
637 975
634, 474
616 537 r f>22 079
622 350
626 611
4 150
4 156
.209
4 152
Price, wholesale ( N Y )
dol. per Ib
.195
.212
.210
.186
.176
* 155
178
4' i ^ii
4 150
Soybeans:
2 282, 477
Production (crop estimate)§
thous. of bu_
3 291, 682
00
eA>7
C on sumption, factory
do
23, 053
24, 046
22, 457
20, 129
23 217
21, 540
19 682
18 617
17 539
14 969
17 549
22 037
Stocks, end of month
_ _
__do _
68, 062
50, 901
42, 708
32, 307
61, 852
49, 430
28, 493
30, 838
22, 339
9 071
11 632 r 05 49Q
89 700
Soybean oil:
Production:
Crude
thous. of Ib
234, 386
224 983
222 247
218, 381
204, 138
199 002
189 977
221 798
179 498
155 632
178 795
238 300
231 017
136, 668
149, 822
Refined
do _ _
179, 073
183, 469
198, 641
180, 626
181, 249
177, 198
162, 158
166 542
175 008
199 066
173 576
Consumption, factory, refined
do
136, 660
134, 518
164, 911
159, 187
168, 379
171,062
171, 244
188 112
142 825
187 729
154 982
210 621
171 950
Stocks, end of month:
224, 072
Crude
_
_ __
do
245, 027
164, 627
197, 471
230, 950
240, 510
197, 473
185 122
180 130
136 414
98 287
124 629
139 602
73, 602
83, 920
Refined
__
_
do___
103, 120
109, 459
130, 234
97, 092
126, 720
116, 618
111, 280
124 222
96 020
75 677
73 545
.190
.179
Price, wholesale, refined (N. Y.)___dol. per lb___
.165
.155
.150
.144
.148
.174
.174
.156
.170
.151
.161
r
2
Revised.
i Includes stocks owned by Commodity [Credit Corporation.
Revised estimate. 3 December 1 estimate. < Minneapolis price; comparable data for May 1952,5$0.155.
^Revisions for 1950 and for January-September 1951 for production, consumption, and stocks will be shown later.
cf Beginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
§Revisions for fiaxseed (1946-49) and soybeans (1944-49) appear in corresponding note in the September 1952 SURVEY.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the I
1951 Statistical Supplement to the Survey \
1952
9
XT
N
J1
°^ ~
January 1953
December
January
~
March
April
May
June
July
August
September
October
November
125 694
18 615
123 403
23 362
105 480
2l' 694
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.—Continued
Vegetable oils, oilseeds, etc. — Continued
Oleomargarine:
Production
thous.oflb
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern U. S.)*
dol. per Ib
Shortenings and compounds:
Production
thous.oflb
Stocks, end of month
_. do.
94 979
17, 704
96 240
18, 830
128 145
17, 485
114 051
24 951
96 762
21 655
101 136
22 419
100 709
15 839
104 040
26 837
68 695
23' 807
86 564
is' 584
.290
.289
.289
259
259
253
249
266
271
969
i 281
r 1 284
i 284
131, 721
93, 110
116, 509
101, 441
128, 313
94, 405
131,040
91, 890
128, 912
89, 120
127 375
93, 408
138 692
83, 228
142 749
81 922
112 624
88 436
125 114
92* 559
140 171
74 126
178 057
86 653
126 622
93 678
80, 796
113,445
42, 031
71,414
106, 386
41, 608
64, 778
110,938
41, 594
69, 344
124, 670
44, 287
80 383
126, 768
44, 620
82 148
122 571
40 757
81 814
111 093
36 808
74 285
113 982
40 974
72 308
117 831
44 262
7^ 569
119 943
48' 4S6
71 457
1,713
3,382
508
796
2, 526
2,894
467
507
2, 957
4,243
521
734
1, 942
4,178
508
792
1,841
4, 380
479
784
1,880
4,985
527
683
1,770
4,122
485
657
1 713
3,805
453
400
2 013
4 504
377
442
1 998
4,866
439
404
2 223
6 109
581
303
35, 859
28, 620
14, 343
40, 596
26, 048
6,883
14, 920
28, 970
26, 467
12, 961
42, 029
24, 929
6,729
15, 169
31, 652
27, 395
16, 005
43, 446
28,616
6,592
15. 860
28,731
26, 518
14,933
39, 245
28, 014
7,855
13, 163
28, 262
25, 951
15, 459
39, 208
28, 300
7,502
16, 586
24, 131
24, 967
14, 233
35, 955
28, 418
7, 396
17, 122
24, 009
23, 959
14, 955
31 897
29, 326
8,030
17, 341
24, 827
26, 413
15, 312
29 357
28, 507
7,882
17, 467
20 981
26, 259
11 189
28 756
24' 34?
7, 337
14, 368
26, 850
22, 007
Ifi 669
29 582
25 692
7,572
17, 868
30 978
27, 484
16 942
32 764
31 224
9 475
18, 078
PAINTS, VARNISH, AND LACQUER f
Factory shipments, total
Industrial sales _
Trade sales
thous. of dol
-do _ .
do
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets, rods, arid tubes
thous. of Ib
Molding and extrusion materials
do.
Nitrocellulose, sheets, rods, and tubes.. -do
Other cellulose plastics
_do_Phenolic and other tar acid resins
do
Polystyrene.
_ _ _ __ _ _ _ d o . _ .
Urea and melamine resins
__ _ _ - d o _ _
Vinvl resins §
do
Alkvd resins §
do.
Rosin modifications
_ __ _
do
Miscellaneous resins §
__do_ _
ELECTRIC POWER AND GAS
ELECTRIC POWER J
Production (utility and industrial), total
mil. of kw.-hr__
Electric utilities total
do
By fuels
do
By water power
do
Privately and municipally owned utilities
mil. of kw.-hr...
Other producers
do
Industrial establishments, total
do
By fuels
do
By water power
do
Sales to ultimate customers, total (Edison Electric
Institute)
mil. of kw.-hr
Commercial and industrial:
Small light and power
do
Large light and power
do
Railways and railroads
do
Residential or domestic
_ _ _
do
Rural (distinct rural rates)
do
Street and highway lighting
do Other public authorities
do
Interdepartmental
_
do
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of dol
37, 321
32 103
24, 028
8 075
38, 517
33, 170
24, 044
9, 126
39, 710
34, 203
24, 302
9,901
36, 768
31, 536
22, 075
9 461
38, 568
33, 040
22, 597
10, 443
36, 736
31 515
21, 553
9 962
37, 065
31 824
22, 132
9 692
36, 052
31 525
22 366
9 160
37, 007
32 523
23 785
8 738
39, 752
34 361
25 844
8 518
38, 759
33 376
26 019
7 357
40, 511
34 821
27 797
7 025
39, 351
33
747
9
7 295
6 52^
27, 934
4, 169
5,217
4,872
345
28, 543
4, 627
5,347
4,927
420
29, 006
5, 197
5.507
5,042
465
26, 717
4,819
5, 232
4, 766
466
27, 647
5, 393
5, 529
5,022
506
26, 559
4, 956
5, 221
4,753
469
26, 910
4,915
5, 240
4,745
496
26, 451
5 075
4,526
4 141
385
27, 249
5 274
4,484
4 159
326
28, 860
5 501
5, 391
5 026
365
28, 619
4 757
5,383
5 067
316
30, 227
4 594
5,690
5 492
268
29,338
4 409
5, 604
5 361
243
27, 481
28, 263
29, 217
28, 708
28, 453
27,766
27, 178
26, 856
26, 914
28, 781
29 440
29 279
4, 861
13, 779
475
6,712
577
325
713
39
4,976
13, 704
527
7, 447
521
347
699
43
5, 124
13, 797
523
8,170
503
348
717
35
5, 048
13, 700
488
7, 902
496
318
722
35
4,945
13, 869
504
7,548
544
298
710
35
4, 792
13, 764
458
7, 157
598
268
698
30
4,767
13, 669
444
6,679
639
249
691
40
5 046
13, 069
404
6,544
800
236
713
44
5 361
12, 638
396
6,567
994
242
671
45
5.583
14, 097
401
6,657
1 061
262
675
45
5 501
14, 681
398
6,817
1 015
287
698
43
5 236
14 823
426
6 950
766
321
714
44
488, 495
501, 349
522, 258
514, 575
504, 334
494, 080
486, 460
488, 551
493, 359
512, 716
521, 495
521 103
GASd1
Manufactured and mixed gas (quarterly) :
Customers end of quarter total
thousands
Residential (incl. house-heating)
do
Industrial and commercial
do
Sales to consumers total
mil of therms
Residential
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous. of dol
Residential (incl. house-heating)
do__
Industrial and commercial
do
Natural gas (quarterly) :
Customers end of quarter total
thousands
Residential (incl. house-heating)
.do
Industrial and commercial
do
Sales to consumers total
mil of therms
Residential (incl house-heating)
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous of dol
Residential (incl house-heating)
do
Industrial and commercial
do
T
8,057
7, 505
548
832
520
296
7,932
7,376
551
1, 156
785
353
7 336
6,819
512
809
491
308
6 713
6' 243
468
540
268
263
127, 481
91, 562
34, 598
165, 655
121, 287
42, 851
120, 928
86, 277
33 743
83 954
57, 416
25 932
17, 066
15, 683
1,364
11, 719
3, 753
7,462
17, 553
16, 101
1,434
14, 861
6,409
8,037
18, 145
16, 694
1 433
11, 113
3 212
7,529
18 899
17, 441
1 438
9 576
1 329
7' 630
648, 863
416, 815
222, 670
434 422
236, 113
190 375
454, 744
256, 085 _ __
188, 353
_ _
- _ - --
_
315 515
126 145
176 242
Revised.
* Based on 1. c. 1. shipments. Data prior to September 1952 are for carlots.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
fRevised series. Data are estimated total factory shipments of finished paint, varnish, and lacquer. Figures supersede those shown in the SURVEY prior to the June 1952 issue,
which did not measure total shipments. Available figures for 1951 (January-October, respectively) comparable with the present series are as follows (thous. dol.): Total shipments—128,103.
117,025; 132,257; 122,925; 128,048; 121,382; 109,449; 116,205; 100,074; 109,700; industrial—48,807; 44,938; 52,638; 47,892; 48,325; 45,348; 42,477; 45,378; 38,659; 43,562; trade—79,295; 72,087; 79,619; 75,033;
79,723; 76,034; 66,972; 70,827; 61,415; 66,138.
§ See note "1" in the February 1952 SURVEY and earlier issues regarding changes in classification and coverage beginning with data for January 1951.
I Unpublished revisions for January-July 1950 and 1951 for electric-power production will be shown later.
cfAll sales data formerly expressed in cu. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue for
1932-44 will be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY; those for the first 2 quarters of 1951 will be shown later.
SUKVEY OF CUEEENT BUSINESS
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-27
December
January
February
March
April
May
June
July
8 975
8 412
10, 962
10 116
9 266
11, 190
August
September
October
November
7 132
7 182
10, 597
6 844
6,852
10,132
5 787
5 908
9,598
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production
thous ofbbl
Tax-paid withdrawals
do
Stocks, end of month _
-_-do __
Distilled spirits:
Production
thous. of tax gaLConsumption, apparent, for beverage pur poses
thous. of wine gal _
Tax-paid withdrawals
thous. of tax gaL.
Stocks, end of month _
do
Imports
thous. of proof gal
Whisky:
Production
thous. of tax gal
Tax-paid withdrawals..- .__
.
do _ Stocks, end of month
do
Imports
thous of proof gal
Rectified spirits and wines, production, total a*
thous. of proof gal _.
Whisky
do
Wines and distilling materials:
Sparkling wines:
Production _
__ _ thous. of wine gaLTax-paid withdrawals
do
Stocks, end of month
do
Imports
_ _
do
Still wines:
Production _
__ _
do . Tax-paid withdrawals
do
Stocks, end of month _
___
do
Imports
do
Distilling materials produced at wineries, do __
6,137
6,411
9,505
6,291
6,089
9,240
6 971
6,447
9,303
6 607
5,604
9,895
7 326
6 099
10, 663
7 439
6 744
10, 891
7 962
7 381
10, 941
28, 420
19, 396
17, 033
15, 547
15, 009
14, 194
11,642
8,577
6,444
6,453
9,837
20, 691
12, 265
15, 958
11, 053
917, 205
1,880
19, 427
7,731
925, 195
1, 696
12, 038
6,588
932, 578
1,254
12, 459
7,747
936, 420
1, 210
14, 449
9,757
940, 071
1, 515
13, 905
9 573
941^ 057
1 315
14,618
9, 345
940, 432
1 362
13 119
9,721
937 156
1 326
13, 140
9,972
932 414
1 229
13 432
8,006
929 033
1 088
1 5, 322
11, 509
921, 480
1 575
19, 463
15,909
909, 081
2 048
15, 013
898, 143
10, 961
6,674
756, 521
1,714
10, 465
4,682
760, 803
1,516
9, 548
4,095
765, 029
1, 129
9,114
4, 646
767, 819
1, 102
8, 648
5,536
768, 745
1 401
8 045
4,997
769, 763
1 208
6 793
4, 546
769, 996
1 265
4 823
5 026
767, 558
1 234
2 515
4,322
763, 490
1 141
2 677
3 980
760, 079
979
3 20H
6, 204
754, 200
1 443
3 859
9,053
745,181
1 826
3 683
8 312
737, 913
9, 550
8,521
7,354
6,516
5,100
4,348
6,091
5, 410
7,090
6,186
6,944
6 037
7,422
6 469
7,024
6 150
7,590
6 389
5, 936
4 785
8, 585
7 504
11,446
10 116
11,536
10 455
80
173
1,384
115
118
173
1,316
98
141
76
1, 30,5
41
67
61
1, 354
27
55
59
1,334
31
201
69
1 458
31
129
71
1 510
36
102
86
1 515
35
63
73
1 503
28
100
78
1 r518
29
62
112
1 467
40
64
39, 137
12, 237
237, 592
538
87, 330
8,396
10, 904
231, 617
605
25, 981
2,937
10, 704
222, 569
391
6, 253
1,368
10, 630
210, 203
292
526
1,462
11,411
199, 116
416
456
1, 644
10 453
189, 087
427
770
1, 640
9 368
181,416
365
126
853
9 120
170 606
360
155
547
7 980
162 733
272
1 758
1 741
8 440
153 728
297
68, 706
20, 94Q
11 993
162 350
324
49, 009
68, 436
59, 349
.740
70, 397
27, 051
. 791
77, 980
13, 874
.803
78, 795
7,879
.845
93, 095
6, 505
.738
104. 120
10, 522
.714
1 34, 980
30 821
. 693
130 210
68 616
.690
121 465
99 751
.714
108, 320
111 400
.737
94 885
II 1 319
.732
65, 030
43, 358
232, 988
204, 683
4,095
66, 491
43, 684
222, 136
194, 784
3, 8G3
70,170
45, 955
193,272
1(57, 824
4, 895
70, 860
47,125
166, 040
142, 945
3, 385
86, 350
59, 025
155, 195
133,815
2,832
103,235
V.5 075
158.949
139, 705
3,263
139, 160
107 525
185, 927
164 654
1, 904
139 870
109 780
217,604
192 920
2 942
121 925
94 815
239, 632
211 477
3,873
112 370
85 340
253, 563
2^2 Q33
3 502
99 235
73 905
262, 467 r
231 503 r
6 486
.431
.449
.444
.436
.429
.423
.429
.435
.436
444
11,216
4,620
131, 272
13, 636
6, 191
141, 096
13, 400
6, 550
.157, 000
14,400
6,400
163, 800
17,600
7,350
205, 000
21,250
4, 500
261,850
36, 920
4 200
369. 500
27, 400
4 750
349, 000
20, 660
3 500
273, 250
8,777
357,311
9, 185
225, 988
6, 585
140,611
7,388
74. 505
8, 237
76, 443
7, 299
123, 180
8, 195
225, 802
9, 540
390 517
1,124
4,277
1,262
6,048
6, 856
5,731
3,215
7, 025
4,729
5,676
2,301
8, 296
2, 656
8. 031
10.80
6.08
10.80
6.19
10.80
6. 25
10.80
6.34
10.80
6.38
10.80
6.39
7,611
2,378
5.38
7,797
2,477
5.43
8, 178
2, 706
5.44
8. 170
2,731
5.48
9,494
3,292
5.46
4,648
25, 502
6, 157
35, 960
7,415
45, 350
6, 830
49, 250
19, 612
56, 548
17,917
42, 265
16, 765
29, 677
5, 598
2.994
4 932
2, 508
.150
.151
8 634
8 159
11 126
513
DAIRY PRODUCTS
Butter, creamery:
Production (factory) t
thous. of Ib
Stocks cold storage, end of month
do
Price, wholesale, 92-score (New York)_dol. per lb__
Cheese:
Production (factory), totalj.
thous. of Ib
American, whole milkf
do
Stocks, cold storage, end of month, total-. -do
American, whole milk
do
Imports
_
_
-- _
do
Price, wholesale, American, single daisies (Chicago)
_dol. per Ib
Condensed and evaporated milk:
Production :J
Condensed (sweetened):
Bulk goods
thous. of l b _ _
Case goodsO
do
Evaporated (unsweetened), case goods ._ do
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of lb_.
Evaporated (unsweetened) ....
do
Exports:
Condensed (sweetened) . .
_._do _Evaporated (unsweetened")
do
Prices, wholesale, U. S. average:
Condensed (sweetened)
dol. per case-Evaporated (unsweetened)
_ _ do
Fluid milk:
Production J
mil of Ib
Utilization in mfd. dairy products
do
Price, dealers', standard grade
dol. per 100 lb_Dry milk:
Production: I
Dry whole milk
thous of Ib
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
Dry whole milk
Nonfat dry milk solids (human food)
do
Exports:
Dry whole milk
do
Nonfat drv milk solids (human food)
do _ _
Price, wholesale, nonfat dry milk solids (human
food), U S. average _ _ - dol. per Ib
89 575
r 102 177
. 716
76 420
80 690
.699
89 090
63 270
256, 885
225 317
5 939
78 110
53 290
246, 445
214 356
465
463
457
21,200
3 650
277, 200
14,600
4 650
245, 625
10,250
3 725
208, 000
9, 050
9 960
167, 100
7, 975
417,013
7,842
480 266
8, 354
408 805
7,190
493 073
7, 197
446 641
1 5?8
10 351
2, 321
10 570
1 665
9 029
1 484
5 764
1 361
19 342
10. SO
6. 32
10.80
6 30
10.80
6.33
10.80
6 38
10.80
6 39
10.80
6 40
10. 80
6 39
10 129
3,823
5.33
12 049
5, 061
5.26
11 956
4 972
5.23
11 039
4' 439
5.33
10 210
4 062
5.43
9 060
3 558
5.55
8 578
3 247
5.66
7 797
2 768
5.70
8,540
67, 800
8 945
82, 050
11 035
120 850
13 570
115 875
9 950
85 300
9 900
70 650
6 175
50 590
5 475
45 100
4 840
43 000
14, 625
24, 327
13, 343
34, 566
14 558
54, 691
16 785
108, 457
18 946
150, 703
21 385
161, 821
23 602
167, 576
22 306
153, 634
20 210
135,012
17 009
124, 344
3 663
1, 639
3 494
7, 908
5 371
4, 305
2 499
4^415
2 842
9, 839
5 118
2, 303
3 453
3, 567
2 921
5 824
2 599
2 515
3 186
3 365
. 152
.156
.159
163
163
165
165
167
166
. 163
166
FRUITS AND VEGETABLES
Apples:
i 110.660
Production (crop estimate), _ _. thous. of bu 2 92 696
2, 856
r 5 520
2 5^4
2,008
3,637
2,449
Shipments, carlot
_ _ _ _. no. of carloads.
2.047
935
1,450
405
283
289
1 439
22, 113
5, 983
28, 000
16, 014
Stocks, cold storage, end of month-, thous. of b u _ 2,894
10, 753
1,037
282
153
6,221 r 26, 892
238
25, 179
11,839
7,727
11,548
Citrus fruits, carlot shipments
no. of carloads_11,397
10, 472
11,218
12, 605
9,709
9,561
5,131
5,994
* 5, 345
6,333
Frozen fruits, stocks, cold storage, end of month
496, 386
thous. of Ib.... 489, 932
465, 137
466, 735
475, 636
471, 101
537, 679
580, 264
593, 518
578, 699
556, 897 ' 532, 993 490, 491
Frozen vegetables, stocks, cold storage, end of
522, 076
498, 340
month
thous. of Ib
444, 409
398 699
348 023
313 708
301 739
336 911 385 494
463 Oil
530 091 r 571 122
564 822
Potatoes, white:
Production (crop estimate) t
__thous. of bu
2 347 504
i 320, 519
16 378
19 079
22 043
Shipments carlot
no of carloads
18 556
24 138
13 534
12 825
13 037
24 094
1° 335
16 473 r 21 436
Price, wholesale, U. S. No. 1 (New York)
4.736
5.540
dol. per 100 lb_.
6.025
6.875
6.660
5.820
4.844
5.570
6.708
7.025
4.792
6.188 i
5.482
r
l
2
Revised
Revised estimate.
December 1 estimate.
cfFigures beginning July 1952 exclude production of wines and vermouth; for July 1951-June 1952, such production totaled 91,000 gallons.
^Revisions for production of dairy products prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for
condensed ana evaporated milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later. Revised estimates for production of potatoes for 1944-49 are
shown in corresponding note in the September 1952 SURVEY.
©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.
SUEVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics tlirougli
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January 10r,3
1951
November
1952
December
January
February
March
April
June
May
July
August
September
October
November
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu_
Barley:
j
Production (crop estimate) t
do
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial
do
On farmsj
do
Exports, including malt
do
Prices, wholesale (Minneapolis):
No. 2, malting
dol. per bu-_
No. 3, straight
do .
Corn:
Production (crop estimate) t
mil o f b u
Grindings, wet process
thous. of b u _ _
Receipts, principal markets
_
do _
Stocks, domestic, end of month:
Commercial
do
On farmst
mil of bu
Exports including meal
thous of bu
Prices, wholesale:
No. 3, white (Chicago)
dol. per bu._
No. 3, yellow (Chicago)
do__Weighted average, 5 markets, all grades. -do
Oats:
Production (crop estimate) t
mil o f b u
Receipts, principal markets
thous. of bu
Stocks, domestic, end of month:
Commercial
do
On farms!
do
Exports including oatmeal
do
Price, wholesale,No.3,white(Chicago) -dol. perbu__
Rice:
Production (crop estimate) t
thous of bu
California:
Receipts domestic rough
thous. of Ib
Shipments from mills, milled rice _ _ _ do
Stocks, rough and cleaned (cleaned basis), end
of month
thous of Ib
Southern States (Ark., La., Tenn., Tex.):
Receipts rough at mills
thous of Ib
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of month
thous of Ib
Exports
do
Price, wholesale, head, clean (N. O.)_-dol. per lb_.
Rve:
Production (crop estimate)!
thous of bu
Receipts, principal marketsf
do
Stocks, commercial, domestic, end of month, do
Price, wholesale, No. 2 (Minn.)
dol. p e r b u _ _
Wheat:
Production (crop estimate) total!
mil o f b u
Spring wheat
do
Winter wheat
do
Receipts principal markets
thous o f b u
Disappearance domestic!
do
Stocks, end of month:
Canada (Canadian wheat)
do -_
United States domestic totalcft
do
Commercial
do
Interior mills, elevators, and warehouses
thous o f b u
On farmst _ _ ___
Exports total including
Wheat only
flour
__do_
do
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per b u _ _
No. 2, hard winter (Kansas City) _
do_ _
No 2, red winter (St Louis)
do
Weighted avg., 6 markets, all grades
do
;
47, 647
48, 220
54, 239
54,902
68, 928
50, 863
52, 905
37, 529
28, 794
35, 649
38, 420
44,716
11,518
i 254, 287
8,039
9,710
9, 481
7,787
7,194
7, 909
6,172
10, 110
23, 234
11,264
8.613
2 227 008
8,294
25, 483
124, 287
2,995
22, 042
21,005
14, 646
17,899
16, 967
1,187
3,560
5,575
20, 085
126 049
6 195
19, 002
2,305
14, 798
38, 430
880
14, 861
3,903
19, 160
78, 131
4,024
16, 385
930
1.652
1.481
1.593
1.440
1.638
1.471
1. 549
1.407
1.492
1.331
1 423
L308
1.443
1.234
1.530
1.316
1.612
1.430
1.709
1.648
1.626
1.480
1. 631
1.545
10, 774
33, 948
i 2, 899
9,238
34, 498
10, 858
44, 823
10, 002
32, 248
10, 486
27, 248
10, 745
18,316
10, 487
17, 358
9,964
20, 041
9,557
14, 293
10, 194
18, 206
11,006
21, 567
12.095
48, 645
3 307
10. 769
56, 549
60 880
26, 779
1,385
2
4,415
1. 598
1. 505
2
51, 394
1, 919. 3
10, 165
58, 785
63, 788
40 741
17 167
7, 532
6,859
3,314
2, 854
18 186
3 173 6
5, 275
31 07°
4,521
32 526
609.2
4,237
20, 772
8,197
61,849
1,067.8
10, 437
50, 173
6,158
1.762
1.828
1.680
(4)
1.926
1.699
(4)
1.913
1.597
1.998
1.802
1.587
(4)
1.847
1.637
1. 868
1.818
1.731
(4)
1.842
1. 756
1.900
1.830
1.763
(4)
1.808
1.735
(4)
1.808
1.764
(4)
1.760
1.716
(4)
1.586
1.571
9,224
i 1,321
9,450
6,420
5,826
6,805
6,602
11,715
9,130
21, 604
22, 030
10, 705
5,573
1, 268
4,735
21, 186
17, 065
12, 046
30, 814
26, 546
588
.908
328
.829
319
.865
34, 204
1 002 436
223
.920
30, 141
215
.887
16,038
244, 646
378
.833
24, 101
503
.912
11,785
516, 603
778
.931
9,057
208
.992
312
.907
.904
120, 540
80, 214
131,132
129, 926
120, 622
73, 485
50, 534
65, 063
65, 414
35, 882
74, 247
33, 526
28, 695
36, 124
23, 302
41, 993
12, 593
3,298
177, 837
61, 546
154, 481
66, 808
7,276
12, 153
65 882
107, 170
.106
47, 299
28, 173
504
1.071
26, 931
841, 889
254
1.045
7 237
2
3
2
i 101,771
94, 417
77, 966
89, 767
76, 982
90, 071
77, 352
76, 825
42, 642
54, 187
25, 175
32, 838
48, 200
30, 032
330, 758
186, 612
199, 749
177,402
209, 432
158, 633
125, 522
125, 513
129, 682
181,874
187, 253
217.515
134, 497
277 223
91,122
211,604
11,757
108, 570
719, 664
191,466
.094
676, 066
87, 408
.096
642, 963
89, 502
.100
598, 059
193, 280
.105
511,299
104, 199
.105
442, 860
129, 517
.105
285, 248
259, 380
.105
153, 772
121,058
.105
61,979
141,312
.105
51, 859
.105
101, 657
.104
199, 214
.105
806
6,217
1.933
121,301
1,267
6, 344
2.051
741
6,136
2.036
636
5,844
1.915
864
5,321
2.027
480
2,825
1.945
1.163
1, 995
1.928
547
1,278
2.038
2,449
1,568
1.972
1,770
3,210
1.951
815
3, 285
1. 861
328
2, 905
1.914
35, 730
209, 143
1
980. 8
i 334. 5
* 646. 3
32, 396
281. 397
f4)
1. 575
1.569
108 133
2
2
59, 153
43, 666
221, 963
23, 804
12 291 4
238. 6
1 052 8
21, 383
189, 545
183, 353
243. 272
308, 618
206, 008
1,341,932
313, 561
242. 463
279, 426
293. 878
276, 075
21,417
17, 232
26, 831
23, 385
367, 764
149 271
507,015
26, 716
22, 305
32, 693
29, 081
2.547
2.251
2.154
2.314
2.447
2.323
2.211
2.413
2.470
2.409
2.288
2.474
2.504
2.416
2.329
2. 519
2
26, 284
29, 072
24, 341
341, 735
22, 191
23, 598
87, 348
272,211
216,427
213. 163
208, 850
144, 640
206, 068
521,519
124, 865
202, 564
163, 161
88, 954
199,056
3 256, 964
3 93, 924
39, 759
36, 154
41, 733
38, 565
2 57, 879
3 39, 568
s 64, 449
31,812
27, 602
2.503
2.492
2.440
2.414
2.485
2.446
(4)
2.405
2.505
2.306
2.104
2.350
202, 464
218,333
856, 807
199, 947
39, 600
35, 186
201, 979
113,007
339, 336
34, 807
29, 383
44, 900
41, 297
46, 780
42, 139
112,357
80, 760
201, 500
53, 349
49, 049
2.597
2.540
2.565
2. 472
2.568
2.541
2. 625
2.488
2.546
2.519
2.555
2.471
2. 505
2.492
2. 547
2.422
2.540
2.496
2.492
2.436
101.851
15 910
302
2,698
1.978
149, 329
2. 541
2. 458
2 306
2, 567
Wheat flour:
Production:
21 212
18,065
18, 519
19, 876
19, 099
17, 920
19, 177
18, 101
17, 599
18, 386
19, 714
18. 671
Flour. __
thous. of sacks (100 lb.)__
21,081
79.1
78.2
86.4
76.5
73.6
84.4
82.0
77.5
75.3
82.3
84.7
88.9
Operations, percent o f capacity _ _ _ _ _ _ __
82.7
362. 804
429, 296
376, 243
364, 216
403, 215
387, 693 386, 219 ' 396, 826 424 466
352. 881 367, 535
375, 647
Offal
short tons
377 000
49, 683
43, 337
42, 025
44, 698
46, 684
42, 217
42, 234
44, 530
45, 901
43, 333
41,096
43, 458
49, 088
Grindings of wheat
thous. of b u _ _
Stocks held by mills, end of month
5.033
4,360
4,701
4,834
thous of sacks (100 Ib )
r
1,992
1,845
1,796
1, 545
1,479
1,895
2.328
1,807
1, 547
1,360
1,893
I, 551
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)*
6.044
5.865
5.590
5.935
5.720
5.675
5.585
5.505
5.630
6.138
5.390
dol. per sack (100 Ib.)
5.638 !
5. 827
5.225
5.600
5.575
5.650
5.225
5.325
5.600
5.710
5.500
5.850
5.375
Winter, hard , short patents (Kansas C ity ) * _ _ do _ _
5.501 i
5. 620
r
1
2
Revised.
Revised estimate.
December 1 estimate.
3
4
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
No quotation.
JThe indicated grain series have been revised as follows: Production—barley, corn, oats, 1944-49; rye, wheat, 1945-49; rice, 1949; stocks on farms—barley, corn, oats, 1944-49; wheat, 1945-49;
domestic disappearance of wheat and total United States stocks of domestic wheat, 1945-49. All revisions will be shown later.
fRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, see
note marked "t" on p. S-28 of the October 1951 SURVEY.
cfThe total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
*New series. Data prior to February 1951 will be shown later.
January
SUKVEY OF CURRENT BUSINESS
1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-29
December
January
February
March
April
May
June
July
August
September
October
November
496
602
1 390
3,101
1,088
510
1 151
2,379
667
32 09
22.76
33. 00
31 37
22.31
33.00
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected):
Calves
_
_ .thous. of animals
Cattle
do
Receipts, principal markets
do
Shipments, feeder, to 8 corn-belt States
do._
Prices, wholesale:
Beef steers (Chicago)
dol per 100 Ib
Steers, stocker and feeder (Kansas City)__do
Calves, vealers (Chicago)
do
Hogs:
Slaughter (Federally inspected)
thous. of animals. .
Receipts, principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per lOOlb..
Hog-corn ratio
bu. of corn equal in value to 100 Ib. of live hog..
Sheep and lambs:
Slaughter (Federally inspected)
thous. of animals. _
Receipts, principal markets
do
Shipments, feeder, to 8 corn-belt States
do _ _ _
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 Ib
Lambs, feeder, good and choice (Omaha)_..do
457
1,122
2,063
460
344
998
1,533
200
382
1 096
1,648
133
343
985
1,481
158
397
927
1,473
143
405
938
1,581
128
388
1 009
1,593
155
392
966
1,584
152
430
1,100
1,898
185
426
1 135
2,078
338
1,215
2,641
36 29
31.63
36.00
34 59
30.45
36.00
34 25
31.19
36.50
33 78
32.06
37.00
33 41
31.99
38.50
33 39
31.32
37.00
33 29
32.06
36.75
32 22
27.21
34.50
32 53
25.24
32.00
32 52
25.17
32.00
32 19
23.57
31.50
6,531
4,098
6,912
4,174
6,835
4,373
5,779
3,626
5,776
3,561
5,281
3,163
4,482
2,800
4,259
2,771
3,641
2,268
3,592
2,203
4,290
2,540
5,492
3,099
5,772
3,326
19.11
563
r
18.30
17.74
17.42
17.07
16.56
16.58
19.61
19.25
19.96
19.98
18.55
16.76
'11.2
10.4
10.4
10.4
10.1
9.8
11.8
11.2
11.6
12.1
11.2
12.2
11.5
922
1,157
305
810
946
119
1,042
1, 150
123
990
971
109
971
988
119
941
1,068
131
939
1 070
141
926
1,045
133
908
1 067
176
1,020
1,455
479
1,243
2 119
722
1,427
2 228
788
1,069
1,289
319
31.00
31.31
30.75
30.50
30.25
0)
28.00
0)
26.88
28.88
0)
28.12
C1)
28.38
C1)
28.38
24.25
28.62
24.63
25 50
23.10
23.88
21.25
22. 62
20.50
1,557
1 320
65
1,476
1 201
62
1,444
1 161
44
1,418
983
49
1,395
825
50
1,527
r
696
1,819
r
636
55
1,742
762
566, 992
252, 350
892
610, 297
224, 432
1 636
582, 712
201, 504
1, 531
659, 036
171,444
1 666
669, 445
167, 437
1,240
713, 624
184, 158
1,150
801, 489
214, 594
1 365
662, 271
249, 153
0)
MEATS
Total meats (including lard):
1, 841
1,977
1,715
Production (inspected slaughter)
mil. of lb_.
1,866
1, 656
727
1 264
Stocks, cold storage, end of month
do
966
1 146
1,313
Exports _
_ _ do
108
115
94
87
113
Beef and veal:
585, 399
Production (inspected slaughter)
thous. of lb_. 645, 256
656, 307
593, 420
557, 237
234, 679
265, 700
Stocks, cold storage, end of month
do _. 198, 647
267, 437
256, 247
2,189
850
660
1,006
Exports
do
1, 116
Price, wholesale, beef, fresh, steer carcasses, choice
.599
.579
.571
.562
(600-700 Ibs ) (New York)
dol. per Ib
.560
Lamb and mutton:
42, 803
37, 915
48, 201
50, 536
48, 986
Production (inspected slaughter)
thous. of lb_.
12, 536
13, 720
13, 840
13, 532
14, 896
Stocks, cold storage, end of month
_ -do .
Port, including lard, production
(inspected
slaughter) _ _ _ _
thous. of Ib 1,153,267 1, 242. 339 1, 269, 791 1, 072, 252 1,050.706
Pork, excluding lard:
850, 917
931, 607
759, 957
905, 863
771, 472
Production (inspected slaughter)
_.do___
381, 870
822, 006
548, 604
704, 992
793, 870
Stocks, cold storage, end of month
do
7,484
11 257
10 337
7 675
8 512
Exports
do
Prices, wholesale:
.549
. 544
527
. 546
.526
Hams smoked composite
dol per Ib
.460
.427
.433
.423
Fresh loins, 8-12 Ib. average (New York). -do
.448
Lard:
248, 037
246, 363
220, 934
Production (inspected slaughter)
thous. of Ib.- 221, 097
213, 346
39, 229
49, 284
Stocks, cold storage, end of month
_ do. _
70, 803
53, 614
53, 816
70, 076
79, 627
88, 194
96, 445
100, 339
Exports
do
.180
.175
.190
.175
.153
Price, wholesale, refined (Chicago) ___dol. per lb_.
37
.564
559
.540
534
45, 703
13, 067
45, 306
16, 141
41, 392
14, 902
38, 601
11,814
43, 880
11,318
52, 839
12, 553
. 559
r
.556
.545
61, 726
16,002
47, 505
19, 250
.562
r
944, 623
820, 518
819, 934
720, 191
681, 587
760, 409
682, 678
823, 741
7 997
594, 319
727, 665
8 655
601, 250
685, 033
9 285
525, 855
542, 707
10 833
506, 990
407, 558
5 892
571, 228
290, 931
5 673
715, 279
•• 234, 894
5 768
765, 850
312, 279
531
.430
531
.550
569
.535
585
.552
616
.612
571
.569
569
.515
552
.449
191,803
88, 821
51 552
.145
165, 818
105, 749
46 395
.145
160, 274
132, 041
29 038
.145
141,823
132, 583
32 421
.140
127, 696
124, 296
37 288
.138
138, 047
109, 157
26 611
.143
175, 664
78 992
43 043
.143
194, 381
80, 439
64 955
182, 786
.245
81 748
r 279, 191
.225
74 618
292, 694
.250
4 510
957
955, 425 1, 031, 841
r
.133
POULTRY AND EGGS
Poultry:
87, 278
Receipts, 5 markets
_ _
- thous. of Ib
309, 943
Stocks, cold storage, end of month
do
.248
Price, wholesale, live fowls (Chicago) §_dol. per lb. .
Eggs:
Production, farm
_ _ _ _ __. ..millions
4, 345
Dried egg production
thous of lb
357
Stocks, cold storage, end of month:
230
Shell
thous. of cases
Frozen
thous of lb
Price, wholesale, extras, large (Chicago)
dol. per doz_.
76, 887
302, 151
.284
35, 651
300, 000
.275
35, 067
270, 397
.295
42, 273
232, 832
.295
41, 462
194, 965
.258
58 058
185, 688
.225
52 212
174, 040
.218
47 806
157, 045
.215
52 536
144, 508
.235
4,793
429
5,409
894
5,716
1,681
6,441
2,325
6,191
2 220
5 983
2 037
5 032
1 427
4 463
1 571
4 155
1 140
4 108
1 069
4 402
758
95, 143
141
67, 200
238
53, 065
942
60 576
1,596
84 295
2 184
111 185
3 184
145 863
3 357
166 419
2 728
163 359
2 169
144 326
1 709
123 661
r 95 333
000
388
73 004
.664
.496
.398
.364
.382
.396
.359
.404
.525
.553
.553
.631
.560
111, 000
93, 000
89, 249
84, 067
78, 125
74, 423
60, 318
54, 335
47, 200
60, 948
99, 443
' 113, 374
101, 012
15, 555
.295
16, 747
.326
32, 672
.331
27 023
.358
30 307
.384
24 020
.381
28 764
.384
98 764
.378
12 Q77
.381
9 043
.354
8 705
.333
4 210
.341
.317
1,725
1 008
562
1,882
1,609
945
689
2,048
1,604
871
658
1,978
1,331
758
Q
55
2,280
1, 521
899
966
2 042
1, 015
626
850
1 707
953
566
756
1 126
1,024
694
691
1 227
1,177
719
579
1 408
1,455
924
605
1 454
1,601
1 045
1,456
846
611
1 615
1, 450
893
529
.535
r
r I
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales*.. thous. of dol__
Cocoa:
Imports
long tons
Price, wholesale, Accra (New York)__dol. per lb_.
Coffee:
Clearances from Brazil, total
thous. of bags_.
To United States
do
Visible supply United StatesJ
do
Imports
_ _ do_
Price, wholesale, Santos, No. 4 (New York)
dol. per lb..
Fish:
Landings, fresh fish, 5 ports
thous. of lb_
Stocks, cold storage, end of month.
do
r
.543
.541
.550
38, 843
179, 135
25, 946
168, 792
23, 139
148, 113
.550
29 224
125.704 I
889
1 870
.548
.535
.533
.530
.545
.548
.545
. 540
37 963
113. 996
51 4/8
113. 544
58 606
123. 762
72 504
152.396
76 851
176! 254
64 754
18.^826
54 114
r 1 90. 493
49 126
son Q44.
209 9S3
Revised.
1 No quotation.
§Series revised to represent quotations for heavy type.
*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate products. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location. Revised data for
January 1949-June 1951 are shown in corresponding note in the September 1952 SURVEY.
JFor revised data for July 1949-October 1950, see note marked "t" on p. S-29 of the January 1952 SURVEY.
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
January li)53
December
January
February
March
April
May
June
July
August
September
October
November
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS—Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons..
United States:
Deliveries and supply (raw basis) :
Production and receipts:
Production
short tonsEntries from off-shore
_ _ -do.-Hawaii and Puerto Rico
do
577
427
718
1,883
3, 033
4,033
4,423
4,388
3,970
3,645
3.320
2, 895
2. 620
627, 848
314,637
102, 389
472,810
164,866
155,925
84, 442
364, 959
72, 083
32, 439
293, 390
40, 217
24, 680
692, 525
221, 145
29, 006
596, 991
180, 047
18, 150
673, 682
200, 747
46, 465
503, 896
142, 458
34, 190
617, 564
167,422
9,971
573, 936
177, 671
91,126
725, 621
237, 299
602, 545
387, 590
273 166
226, 961
108,362
'r 559, 800
557, 430
' 2, 370
556, 802
536, 614
20, 188
581, 376
578, 699
2,677
544, 553
542, 900
1, 653
862, 480
860, 405
2,075
612,641
608, 995
3, 646
596, 990
595, 062
1,928
896, 355
894, 103
2,252
758. 308
755,061
3,247
734, 684
731. 376
3, 308
744, 355
742,146
2.209
680, 035
677,919
2,116
523, 713
522. 474
1,239
1 583
1 005
1 756
18 264
1,613
867
1,473
1 122
1,241
11 522
1 283
25 423
1 400
31 620
1 114
28 369
917
6 116
831
2 525
697
649
1 045
19 376
237, 419
226, 225
11 191
75, 340
74,217
1 120
246, 416
223, 704
22, 708
275, 173
232, 234
42, 938
398, 577
307, 151
91,394
344 860
281,355
62 886
436 800
310, 072
126 728
358 007
198, 421
159 587
356, 970
208,611
148, 359
345, 357
245. 485
82, 308
305, 205
240, 343
63 861
124, 473
96, 836
17 875
4 426
4,424
1
0
10, 221
10, 220
22 073
21,873
27, 245
26, 895
52 053
51,403
31 464
30, 664
36 198
35, 524
38, 106
33, 287
43, 038
41,012
46 738
43, 590
40 675
35, 1 60
._ dol per Ib _
.060
.058
.058
.059
.063
.062
.062
.066
. 066
* . 064
.065
.066
. 064
__dol per 5 l b _ _
dol per Ib
thous of Ib
.482
.081
5,842
.482
.081
6,713
.483
.081
7,769
.480
.080
6,659
.476
.080
9,855
.489
.085
8 798
.492
.085
7,132
.492
.085
7,044
.494
.086
8,482
.494
.086
8,094
.495
.086
9,506
.495
OSti
7,430
. 495
.086
Deliveries, total
do
For domestic consumption
do
For export
__do
Stocks, raw and refined, end of month
thous of short tons
Exports refined sugar
short tons
Imports:
Raw sugar total
do
From Cuba
do From Philippine Islands
do
Refined sugar total
From Cuba
Prices (New York) :
Raw, wholesale
Refined:
Retail
Wholesale
Tea imports
do
do
TOBACCO
Leaf:
Production (crop estimate) J
mil oflb
Stocks, dealers' and manufacturers', end of quarter total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Ci^arleaf
do
Cigarette tobacco
do
Exports including scrap and stems
thous of Ib
Imports including scrap and stems
do
Manufactured products:
Production manufactured tobacco total do
Chewing plug, and twist
do
Smoking
do
Snuff
do
Consumption (withdrawals):
Cigarettes (small):
'Fax-free
millions- .
Tax-paid
do
Cigars (large), tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
thous. of l b _ _
Exports, cigarettes
millions 1
Price, whosesale, cigarettes, manufacturer to
wholesaler and jobber, f.
i. o. b. destination*
destination'
dol. per thous.. .
T
1
2
2, 331
4,271
4, 245
2, 207
3, 951
3,828
350
402
387
362
3,732
3,648
3,244
3,410
i
60 337
10, 303
18
170
60, 623
5, 734
33,836
8,572
29, 752 1
8,862 1
19
176
25, 891
7, 466
18, 126
7,685
27, 078
8,978
19
179
27, 497
7,987
26, 087
8,966
34. 730
9,619
18
161
50, 451
9,173
41, 777
9, 584
20 624
7,853
9 243
3,528
14, 958
5,739
6, 018
3,201
19, 884
7,516
8, 619
3,749
18, 553
7,253
7,826
3,473
17,912
6,705
7,729
3,478
18, 048
6,898
7, 852
3,298
18, 892
7,328
8,456
3,109
18, 444
7,324
7,995
3,126
16,319
6,827
7,230
2,263
18, 554
7.011
8 373
3, 170
20, 051
7, 366
9,406
3,279
21,342
7, 936
9,781
3, 625
3,708
33, 994
554, 341
3, 508
23, 847
367, 906
4,141
' 33, 133
494, 556
2,974
29, 308
446, 560
3,107
29, 878
478, 101
2,889
31,774
491, 964
3, 348
32, 920
496, 512
2,365
34, 511
496, 450
2,833
33, 837
504, 045 i
4,366
35. 972
485, 006
4, 325
34, 950
526, 696
24. 005
1, 742
14, 353
1,443
19, 450
1,517
18.490
1,215
16. 759 !
1, 566 :
18, 076
941
18, 331
1,492
18, 443
1,043
15, 744
1,329 i
18,787
1.810
19, 287
1,266
21, 392 i
1,304
15,357
3.555
3. 555
3.555
3. 555
3.555
3. 555
3.555
3.555
3.555
3. 555
3. 555
3. 555
3. 555
3.
3.555
555 '
3.555
3. 555
1. 770
1,998
16, 447
169
128
1.812
3,228
12, 771
127
239
2,015
1,565
19, 148
164
133
2,419
4,224
19, 460
211
232
3,416
1,903
16. 003
209
75
2, 648
2, 520
11,963
194
90
2,804
1, 100
.325
.128
.275
. 103
.388
.143
.388
.148
.425
.155
.450
.175
'.475
.160
3.555 i
4.294
3. 408
' 37, 372 30, 386
624, 867 i 497, 950
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins \
thous. of Ib
Calf and kip skins
thous of pieces
Cattle hides t
do
Goatskins J,- . . _.
- . ^do_ _ .
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins, packer, heavy, 9^/15 Ibs.* dol. per lb._
Hides, steer, heavy, native, over 53 lbs.*.-.do
13, 057
78
158
1,821
925
11, 426
110
116
1,864
1,133
12, 972
81
186
2,367
668
10, 717
.399
.216
.379
.188
.400
.140
.375
.133
109
1,613
880
10, 388
27
13,759 97
45 i
2. 796 j!
2,059
.488
.160
._
.513
.170
LEATHER
Production:
769
732
792
703
685
805
914
717
567
601
967
1 050
Calf and kip
thous of skins
1.782
1,880
1,827
1,862
1,753
1.610
1,555
1,879
2,224
1,880
1,750
' 1,910
Cattle hide
thous. of hides
2,
440
2,337
2,417
2,614
2,430
2,595
2, 066
2,513
2.293
1,847
' 2, 338
2 909
Goat and kid
thous of skins
2,291
2,102
2,315
2,081
1,911
2, 047
2,279
2,159
2,555
1,881
2,718
2, 953
Sheep and lamb
do
Exports:
Sole leather:
16
25
56
27
60
10
39
17
8
18
75
Bends, backs, and sides
thous. of Ib
49
35
76
82
113
20
73
89
43
45
51
92 i
Offal including belting offal
do
2,587
2,436
2,482
2,134
1,925
2,270
2,621
2, 321
1,549
3.125
' 2, 798
2,288
Upper leather.
thous. of sq. ft-_
P rices, wholesale:
.705
.670
.670
. 705
s.740
.710
.695
.780
.760
.780
.710
.690
.696
Sole, bends, light, f. o. b. tannery* dol. per l b _ _
Upper, chrome calf, B and C grades, f. o. b. tan.805
.835
.848
.842
.873
3.842
.807
.808
.787
.928
.890
.938 !
.952
nery*
-dol. per sq. ft
r
2
3
Revised.
* Revised estimate.
December 1 estimate.
Specification changed; earlier data not strictly comparable.
^Revisions for tobacco (1944-49) arc shown in note marked "§" in the September 1952 SURVEY; those for the indicated series for hides and skins (1950) in note marked "{" in the October
1951 issue.
*New series. Compiled by U. S. Department of Labor, Pureau of Labor Statistics; data prior to August 1951 for sole leather and prior to February 1951 for upper will be shown later.
SURVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-31
December
January
February
March
April
May
June
July
August
September
October
November
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers :t
Production, total___
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous of pairs
By types of uppers :&
All leather...
_
do
Fart leather and nonleather
do
By kinds:
Men's
do
Youths' and boys'
.
do
Women's
...
do. _.
Misses' and children's
do
Infants' and babies'. _
do. __
Slippers for housewear
do
Athletic
. __ _ __
do
Other footwear
do
Exports§..__ _
__
do_ __
Prices, wholesale, f. o. b. factory:*
Men's and boys' oxfords, dress, cattle hide
upper, Goodyear welt
dol. per pair
Women's oxfords (nurses'), side upper, Goodyear welt
dol. per pair..
Women's and misses' pumps, suede split.do _.
34,884
32, 227
41, 306
42, 518
43, 967
43, 082
41, 436
39, 747
38, 520
46, 552
44, 100
46, 341
29 462
28 794
38 290
39 133
40 142
38 879
37 248
35 408
33 946
40 703
37 842
39 185
26, 262
3,200
25, 511
3,283
33, 694
4,596
34, 081
5 052
34, 408
6,734
32, 658
6,221
31,536
5 712
30, 735
4,673
29, 938
4,008
36, 385
4 318
33, 906
3 936
35, 057
4 128
7, 739
1,097
13,711
4,290
2,625
4,930
180
312
359
7,023
1, 068
13, 740
4,356
2,607
3,032
176
225
302
8,577
1.263
19,676
5,623
3,151
2, 511
216
289
219
8,541
1,371
20, 365
5,667
3,189
2,851
8,613
1,369
20, 363
5, 292
3,242
3, 647
216
340
386
8 462
1,492
18,973
5, 168
3,153
3,626
209
353
352
8,279
1,586
17,926
4,728
2,889
3,816
181
342
280
7,256
1,485
18, 385
4, 393
2,427
4,070
233
301
321
8, 531
1,374
21,191
5,785
3,261
3,277
223
325
400
169
335
246
8 986
1,949
21,910
5, 135
2,723
5 249
234
366
331
8 775
1 826
19,419
5 040
2,782
5 638
264
356
386
9 339
1 709
19,446
5 553
3,138
6 442
286
428
433
5.586
5.523
5.523
5.523
5.523
5.311
5.126
5.126
5. 126
5 126
5 126
5 126
5 150
4.711
3.933
4.678
3.890
4.678
3.801
4.861
3.767
4.861
4.678
4.646
4.646
3.700
4.479
3.700
4.479
3.700
4.479
3.700
4.479
3.700
4.526
3. 700
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products __ _
M bd. ft
Imports, total sawmill products
do
National Lumber Manufacturers Association:©
Production, total
mil. bd. ft
Hardwoods__
do
Softwoods
_ _. do ..
Shipments, total
do
Hardwoods
.__
...do. _ _
Softwoods
do
Stocks, gross (mill and concentration yards), end
of month, total
mil. bd. ft
Hardwoods
.
. . d o
Softwoods
do
81,223
213, 663
80, 437
160, 885
i 45, 873
142, 814
94, 248
168, 653
69, 868
203,316
75, 651
190, 425
68,990
209, 112
61, 137
221 , 006
47, 533
183, 140
65 135
200 342
48 534
227 340
40 949
255 581
2,978
593
2,385
2,950
597
2,353
2,494
558
1, 936
2,402
518
1,884
2,743
567
2,176
2, 777
574
2, 203
2,805
626
2,179
2,879
631
2,248
2, 958
670
2,288
2, 950
645
2,305
3, 162
612
2,550
3.217
612
2,605
3 030
604
2,426
2,996
604
2,392
3,158
614
2,544
2,999
558
2,441
3,196
630
2,566
3,030
569
2,461
3 398
705
2, 693
3 305
656
2 649
3 4fi4
701
2,763
3 450
685
2 764
3 528
692
2,836
3 496
720
2 776
3 029
689
2.338
3 001
708
2 293
8, 025
2, 913
5 112
8,110
2,952
5,158
8,206
3, 082
5 124
8,127
3, 077
5 050
8,106
3, 075
5 031
8,016
3,075
4 941
8, 046
3, 075
4 971
8,204
3,131
5 073
8, 343
3,192
5 151
8 436
3,241
5 195
8 451
3, 256
5 194
8 509
3 228
5 281
8 477
3, 211
5 266
755
904
717
668
924
43, 652
14, 856
28, 796
883
1,030
799
752
971
15,250
9,110
6, 140
814
1,001
830
833
968
55, 541
17,657
37, 884
806
961
860
835
993
37, 254
9,292
27, 962
906
904
919
949
903
43, 300
19,090
24, 210
727
848
746
771
878
32, 496
10, 498
21, 998
775
828
829
784
923
31, 621
7,121
24, 500
900
990
778
727
948
19, 542
8,886
10, 656
865
921
920
920
948
36, 450
1 2, 369
24, 081
913
812
961
1, 007
902
18, 856
7 268
11, 588
919
758
943
929
945
15,900
7 462
8,438
768
755
795
759
982
SOFTWOODS
Douglas fir:©
738
Orders, new
do
828
Orders, unfilled, end of month _ _ _ _
do
831
Production
do
844
Shipments .
__ _ _
_
do
875
Stocks, gross, mill, end of month
do
43, 714
Exports, total sawmill products
M bd. f t _ .
21, 143
Sawed timber
do
22, 600
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, No. 1 common,, 2" x 4", R. L.
81. 741
dol. per M bd. ft..
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per M bd. f t _ _ 128. 617
Southern pine:©
604
Orders, new
mil. bd. ft
337
Orders, unfilled, end of month
.
do_ .
660
Production
do
648
Shipments. .
do
Stocks, gross (mill and concentration yards), end
1,530
of month
mil. bd ft
9,505
Exports, total sawmill products
M bd. ft
2,714
Sawed timber
do
6,791
Boards, planks, scantlings, etc
..do _
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6" x R. L.*
80. 612
dol. per M bd. f t _ _
Flooring, B and better, F. G., 1" x 4" x S/L*
dol. per M bd. f t _ . 155. 061
Western pine:©
594
Orders new
mil. bd. ft
714
Orders, unfilled, end of month _ _ . _. do
602
Production
_
do
579
Shipments
do
1,879
Stocks, gross, mill, end of month
_ _ do
Price, wholesale, Ponderosa, boards, No. 3 common \" x 8"
dol per M bd ft
78.17
81. 368
81. 508
82. 467
82. 887
85. 239
84. 840
84. 840
86. 303
86. 436
86. 576
86. 576
p 86. 316
128. 209
126. 575
126. 575
125. 432
125. 759
124. 942
122. 868
121.234
120. 418
120. 418
120. 418
v 121. 983
522
310
595
549
748
312
791
746
712
327
707
697
700
318
688
709
744
300
758
762
749
296
780
753
752
334
699
714
756
326
735
764
759
365
705
720
776
372
747
769
802
376
787
798
677
372
670
681
1,576
11,665
3, 725
7,940
1,621
8,878
1,390
7,488
1,631
11,975
2,595
9,380
1,610
10, 278
2,400
7,878
1,606
10,276
1,364
8,912
1,633
11,025
5 673
5, 352
1,618
8.150
1,993
6,157
1,589
6,477
1,928
4,549
1 574
5, 985
1 351
4,634
1 552
5, 317
1 152
4, 165
1 541
4, 300
1 104
3,196
1, 530
81. 483
80. 797
80. 642
80. 196
79. 765
79. 676
79. 662
78. 815
79. 250
80. 260
155. 061
155. 061
155. 061
155. 061
155. 061
155. 061
155. 406
156. 068
158. 322
158.358
496
716
393
447
1,820
552
684
335
454
1,690
490
472
365
441
1,609
498
465
451
473
1,585
608
602
564
579
1,594
609
501
592
571
1, 615
680
548
698
633
1,680
739
610
753
678
1,755
737
056
737
687
1, 805
719
675
709
650
1,864
78.74
78.58
79.22
80.39
82. 10
82.28
83. 51
83. 50
83. 54
83. 23
176, 257
195, 384
88, 454
244,011
238,911
92, 577
253, 003
260,815
85, 003
269, 857
269, 732
85, 350
282. 864
282, 070
85, 800
231, 160
230, 155
86 033
269, 066
273, 123
81,849
224, 756
211,998
92, 747
281 , 488
274, 449
101,103
r
r
81. 572
v 81. 980
158. 971
p 158. 971
737
657
747
706
1, 905
592
613
572
561
1,855
81. 55
P81.55
r
SOFTWOOD PLYWOOD
Production
thous. of sq. ft., %" equivalent
Shipments
do
Stocks end of month
do
187. 341
189, 508
108, 524
r
292, 489
" 290, 201
102,614
r
303, 681
303, 267
102, 082
HARDWOOD FLOORING
Maple, beech, and birch:
Orders new
Orders, unfilled, end of month
Production
_
._
.
Shipments
Stocks, mill, end of month ._
3 650
2 850
4 100
3 550
4 050
3 450
3 900
3 600
3 575
9, 600
9,700
9.500
9,650
9, 600
9,600
11,700
10, 200
10, 700
3, 200
4,000
3.900
4,200
3. 400
3,000
4, 350
4. 300
3, 650
3, 350
3,675
2.950
3,800
3,550
3.350
4,250
3, 800
3, 650
10, 000
9, 475
8. 650
9,675
9,400
8,900
10, 175
9.575
8,600
r
1
Revised.
f Preliminary.
Data beginning January 1952 have been adjusted to conform to the 1952 revision of the export schedule.
^Revisions for January-October 1950 are available upon request.
c^The figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc., in the distribution by types of uppers; there are further
small differences between the sum of the figures and the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available by
types of uppers.
§Excludes "special category" items.
*New series. Data are compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data prior to March 1951 (February 1951 for softwoods) will be shown later.
©Revised monthly data for 1948-50 will be shown later.
_
M bd ft
__ _^do
_ _ ^do
_
do
_ do
3 350
12, 950
3,900
3,600
7.300
3, 150
12, 300
3,750
3,550
7,575
4 800
13,050
4, 500
3,750
8. 250
3 550
12, 250
4,150
4,250
8,050
SUKVEY OF CUKEENT BUSINESS
S-32
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
January 195S
December
January
February
March
April
May
June
July
August
September
October
November
81, 178
61,132
82, 021
84, 132
73, 260
87 303
57, 998
91 034
94, 691
69, 603
63 707
50 843
76 794
74 393
72, 004
368, 120
21,991
142, 036
8,024
448,197
39, 176
221,304
5, 133
LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING— Continued
Oak:
Orders, new _
Orders, unfilled, end of month. _
Production
Shipments _ _ _
Stocks, mill, end of month
M bd. ft
do _
do
do
__do
57, 156
54, 985
81, 035
73, 263
72, 460
49, 607
53,002
64, 181
54, 554
82, 087
77, 919
56, 995
78, 657
73, 926
86, 818
87, 840
67, 795
73, 094
77, 040
82, 872
80, 919
76, 931
75, 660
77. 366
81, 168
89, 018
79, 142
82, 922
84, 643
77, 817
84, 306
78, 777
84, 953
84, 671
77, 257
64, 926
69, 938
79, 701
77, 844
77,096
70, 446
66, 775
79, 941
79, 428
77, 609
75, 162
61, 721
80, 074
81, 531
75, 371
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, total
short tons
ScrapO-.
_
do
Imports, total
do
Scrap
- __
do
344, 232
21,533
219, 559
24, 630
416, 700
19,115
257, 307
22, 013
402, 297
21,992
235, 432
15, 169
406, 835
16, 247
182, 090
9,285
502, 778
17,074
148, 562
12,115
483, 074
21, 200
119.661
13, 441
529, 393
29, 928
99, 315
7,635
339, 759
42, 058
92, 539
2,829
223, 832
54, 735
89, 559
4,805
302, 285
36, 708
111,957
7,601
6,268
3,244
3,024
4,422
1,240
3,183
6,141
3,166
2,975
4, 366
1,199
3, 168
6,549
3. 426
3,123
4,356
1,166
3,190
6,241
3,215
3,026
4, 697
1,153
3,544
6,611
3,407
3.204
5,072
1,178
3,894
6,004
3,027
2,977
5,473
1,236
4,238
6,014
3,034
2,980
5,861
1,263
4,598
2,295
985
1,309
6,245
1,272
4,973
2,201
906
1, 295
6, 590
1,299
5,291
6,127
3, 060
3, 067
7 027
1,379
5 648
7, 052
7,500
5,182
3,682
3, 132
5,794
3,704
2,108
7,404
3,605
2, 160
8,849
3,714
2,341
10,236
9,073
8,655
10, 629
13, 693
13, 769
10, 551
1,552
3,163
8,940
2,783
1,805
9,906
5, 695
7,624
49, 099
42, 258
6,841
740
791
7,639
43,711
37.315
6, 396
656
0
7.527
35. 927
30, 369
5, 558
659
0
7,229
29, 207
24, 693
4,514
624
0
8,022
21,451
18, 082
3, 369
674
6,532
6, 616
19, 592
16, 487
3,105
687
12,497
6,932
25, 904
22, 230
3,675
699
2,487
1,403
27, 170
22, 611
4, 559
860
79
65
78
70
73
80
63
1,934
1,184
674
1,847
1,033
583
1,801
1,199
694
1,766
1, 155
655
1,711
1,172
661
1,614
1,205
653
220, 740
88, 210
53, 682
215, 134
76, 045
45, 543
202, 799
87. 003
54, 988
193, 061
82, 898
50, 129
196, 896
80, 960
49, 084
5,911
5,922
5.977
5,916
6, 040
6, 106
5,785
5, 756
6, 300
6,219
1 811
1, 751
1, 761
1,764
1,789
53. 67
52. 00
52.50
53. 07
52.00
52.50
53. 67
52. 00
52. 50
53. 67
52.00
52. 50
53. 67
52.00
52.50
r
Iron and Steel Scrap
Consumption, total§__ thous. of short tons
Home scrap _
_
_ do _
Purchased scrap
„
do
Stocks consumers', end of month total§
do
Home scrap
do
Purchased scrap
do
Ore
Iron ore:
All districts:
Mine production
thous. of long tons
Shipments
_
do
Stocks, at mines, end of month
do
Lake Superior district:
Shipments from upper lake ports __ _ __ do _
Consumption bv furnaces
do
Stocks, end of month, total _
___ _
do
At furnaces
do
On Lake Erie docks
_
do
Imports
do
Manganese ore, imports (manganese content)
thous of long tons
r
6, 477
3,270
3,207
7 045
1, 388
5 658
7,007
3,573
3,434
7 033
1,428
5 605
14, 974
15,992
8,888
15, 912
16, 301
8,500
14, 271
15, 588
7,183
1,904
1,544
27, 388
22, 904
4,484
726
14, 368
7,243
34, 137
29, 449
4,688
847
14, 389
7,659
41,532
36, 206
5,326
1,172
13,013
8,048
47. 839
41. 699
6, 140
1,065
47
58
63
64
90
1,459
1,101
620
1,446
835
502
1,410
636
432
1,513
1,002
602
1,451
1,119
626
1,392
1,233
684
198, 215
89, 270
56, 337
180, 382
81, 770
51, 476
173, 353
74, 446
46, 511
166, 517
45, 266
29, 675
162, 832
63, 716
39, 308
168, 367
75, 950
45, 849
168, 609
88, 062
52 922
5, 225
5,280
5, 492
5. 402
1, 068
1,110
1,003
946
5,831
5, 671
6, 164
6, 007
6, 515
6,510
1, 715
1,729
1,669
1,689
1,801
1 864
1,830
53. 67
52.00
52.50
53. 80
52.00
52.50
53.81
52.00
52.50
54.26
52.00
52.50
56.31
54. 50
55.00
56.31
54. 50
55.00
56.31
54. 50
55.00
9,295
7,826
51, 208
44, 318
6, 890
Pig Iron and Iron Manufactures
Castings, gray iron:§
Orders unfilled for sale
thous of short tons
Shipments total
do
For s?le
do
Castings, malleable iron:§
Orders unfilled for sale
short tons
Shipments total
do
For sale
do
Pig iron:
Production
thous of short tons
Consumption§
do
Stocks (consumers' and suppliers'), end of month §
thous of short tons
Prices, wholesale:
Composite
dol. per long ton
Basic (furnace)
do
Foundry, No. 2, f. o. b. Neville Island
do
6, 227
56. 31
" 54. 50
p 55. 00
Steel, Crude and Semimanufactures
Steel castings:
175 075
119, 036
165, 155
174 626
173 694
141, 628
150, 232
173 635
158 392
176 728
165 110
183 738
124, 626
97, 633
134, 325
114, 410
113, 997
121, 402
123, 448
133, 602
132. 129
139, 488
131, 997
131, 276
For sale total
do
20,
752
22, 61C
32,
118
24,
013
32
733
36
650
31
317
33,
549
35
227
30,
455
19,
930
34 524
Railway specialties
do
Steel forgings :1
1,
393,
137
1,
359,
752
1,
464,
255
1,
248,
204
1,
289,
597
1,
410,
646
1,
471,
620
1,
349,
288
1,
318,
889
'11,399,969
1,391,998
1, 446, 118
Orders unfilled, total
do
176, 441
178, 475
135, 398
96, 828 r l 120,966
149, 642
165 023
190 774
168, 286
155 840
176 342
187 487
Shipments for sale total
do
130,
515
125,
042
69,
165
'
i
79,535
109,
014
127,
768
125,
736
114,
271
101,
861
129,
761
107,
966
119,
047
Drop and upset
do
48. 673
41, 569
47,960
56, 009
61, 013
62, 445
42, 550
27, 663 '141,431
33, 537
41, 676
57, 295
Press and open hammer
do
Steel ingots and steel for castings:
9,136
9,404
9,807
8,891
8,205
1,627
8,499
9,062
8, 657
7,991
1,639
8,799
Production
thous. of short tons
89
92
99
102
18
102
107
103
101
101
90
18
Percent of capacity^
Prices, wholesale:
.0476
.0498
.0471
.0471
.0471
.0471
.0498
.0498
.0471
.0471
.0471
.0471
Composite, finished steel
dol. per l b _ _
Steel billets, rerolling (producing point)
56. 00
59.00
56. 00
56. 00
56.00
56.00
56.00
59.00
59.00
56.00
56.00
56.00
dol. per short ton__
.0400
.0400
.0400
.0420
.0420
.0420
.0400
.0400
.0400
.0400
.0400
.0400
Structural steel (producing point)
dol. per l b _ _
Steel scrap, heavy melting (Pittsburgh)
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
dol. per long ton._
9,439
106
.0498
59.00
.0420
44.00
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month.
thousands. _
i
Shipments
do
Stocks, end of month..
_ do
r
7,294
2. 147
32
7,830
2,176
31
8,126
2, 085
66
7,570
1,961
59
7,737
2,008
58
7,484
2,207
51
7, 052
2,117
48
6,406
1,655
35
6,502
1,629
25
6,133
1,964
34
5,733
2,188
41
' 5, 396
2,277
36
4,884
1,892
28
l
Revised.
See note marked "J" for this page.
OData beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplate, circles, strips, etc.
§Data beginning January 1951 are estimated totals derived from a survey of approximately 1,300 establishments by the Bureau of Mines and the Bureau of the Census.
<|Data beginning August 1952 are estimated industry totals based on reports from producers whose shipments in 1947 accounted for 98 percent of total shipments; unfilled orders are for
commercial forgings only, i. e., exclude forgings for own use. Data for May 1951-July 1952 are as reported by producers whose shipments averaged 50 tons or more per month; unfilled orders
for this period include captive shipments.
JFor 1952, percent of capacity is calculated on annual capacity as of January 1, 1952, of 108,587,670 tons of steel; 1951 data are based on capacity as of January 1, 1951, of 104,229,650 tons.
SURVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-33
December
January
February
March
April
May
June
July
August
September
October
November
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Continued
Cans, metal, shipments (in terms of steel consumed),
total
short tons
Food
do
Nonfood
do
Shipments for sale
do
Commercial closures, production
millions..
Crowns, production
thousand gross
Steel products, net shipments:
Total
thous. of short tons
Bars hot rolled — Carbon and alloy
do
Reinforcing
do
Semimanufactures
do
Pipe and tubes
do
Plates _ _ _
_ _ _ do _
Rails
do
Sheets
do
Strip— Cold rolled
do
Hot rolled
do
Structural shapes, heavy _ _ _ _
_do
Tin plate and terneplate
do
Wire a n d wire products
_ _ _ _ _ _ _ do
263, 468
156, 035
107, 433
229, 422
820
19, 900
235, 107
140, 325
94, 782
203, 902
774
16, 903
234, 372
143, 997
90, 375
195, 980
976
22, 717
235, 648
144, 439
91, 209
199, 445
896
24, 316
266, 920
157, 279
109, 641
228, 841
962
25, 357
287, 223
173, 414
113, 809
240, 976
1,104
27, 774
277, 629
175, 158
102, 471
239, 311
1,071
30, 241
333, 416
218, 947
114, 469
287, 127
1,010
30, 773
423, 894
293, 370
130, 524
388, 040
998
28, 531
465, 820
348, 906
116,914
421, 221
1^126
29, 462
460, 155
348, 500
111,655
405, 368
r
1,146
33, 060
355, 341
240, 159
115,182
304, 836
1,229
33, 467
6,509
778
155
283
784
666
136
1,693
165
184
421
327
479
6,411
748
162
313
777
708
146
1,590
154
180
409
352
441
6,589
797
168
285
811
707
156
1,644
180
186
427
298
477
6,358
757
158
268
795
711
138
1, 534
158
171
437
359
448
6,890
801
193
317
872
784
162
1,609
156
170
431
478
465
5,922
693
144
292
718
658
128
1,434
143
143
354
398
422
5,947
740
158
305
723
637
133
1,484
140
156
361
334
403
1,250
123
28
55
182
110
11
321
62
33
36
104
85
1,414
130
35
120
152
107
3
425
59
35
29
125
108
6,312
744
188
306
717
680
121
1,567
127
155
428
479
416
6,542
787
181
352
797
649
148
1,639
156
192
386
412
447
7,156
847
197
377
861
709
156
1,819
189
207
412
435
497
72, 246
229, 563
72, 454
203, 624
76, 934
325, 071
72, 374
212, 481
77, 069
311, 137
76, 880
209, 286
80, 803
248, 033
77, 476
272, 633
78, 368
318, 763
85, 175
305, 987
76, 882
323, 849
77, 312
374, 602
74, 639
.0775
.0775
.0775
.0775
.0775
.0775
.0768
.0725
. 0708
.0740
.0750
.0750
.0750
180.8
41.7
139.2
78.8
.383
175.2
40.9
134.3
75.5
.383
193. 8
44.6
149.1
81.3
.383
191.3
45.0
146. 3
78.7
.383
200.1
46.4
153. 6
82.9
.383
209.7
49.8
159.9
85.1
.383
205. 5
47.8
157.8
86.5
.383
200.9
45.3
155. 5
87.7
.383
188.8
40.1
148.7
86.1
.402
206.3
46. 8
159. 6
92.2
.402
165. 7
95.8
.402
183.8
107. 6
.402
165.6
98.2
.402
76, 917
78, 939
77, 691
72, 564
78, 851
80 332
81, 996
74, 032
76, 207
74, 104
74, 820
82, 617
103, 614
123, 646
68, 160
16, 488
39, 714
13, 151
26, 563
.2420
86, 680
98, 532
119, 577
71, 528
16, 599
36, 021
19, 229
16, 792
.2420
83, 192
100, 269
130, 430
60, 836
1
10, 598
49, 580
16, 674
32, 906
.2420
80, 876
95, 979
104, 795
59, 747
12, 842
41, 941
28, 361
13, 580
.2420
87, 110
94, 563
112, 625
58, 487
15, 303
48, 272
25, 928
22, 344
.2420
89, 479
98, 402
107, 355
61, 223
19, 494
42, 948
23, 354
19, 594
.2420
92, 946
97, 593
105, 860
55, 351
20, 252
37, 172
14, 342
22, 830
.2420
80, 392
92, 151
98, 416
70, 856
18, 347
33, 061
26, 338
6,723
.2420
81, 601
96, 049
115, 384
73, 657
15,435
65, 847
38, 883
26, 964
.2420
79, 368
95, 366
127, 910
83, 771
14, 604
61, 111
21,355
39, 756
.2420
82, 426
98, 930
135, 486
71, 456
20, 945
67, 817
25, 605
42 212
.2420
32, 326
28, 775
33, 499
27, 273
34, 381
28, 501
34, 337
40, 148
33, 662
41, 251
34, 363
35, 762
33, 767
36, 149
31, 702
32, 962
29, 849
28, 829
30, 249
32, 393
30, 226
32, 919
32.910
33, 770
30, 537
36, 234
37, 084
25,871
36, 754
37,274
25, 339
43, 746
40, 390
28, 578
44, 133
41, 291
31, 297
48, 943
39, 161
41, 040
39, 329
38, 225
41, 820
45, 546
28, 591
58, 775
38, 987
39, 563
58, 190
37, 489
51, 534
44, 140
41, 836
45, 499
39, 767
42, 791
49, 850
31, 837
51, 521
43,150
37,718
49, 806
51,271
35, 686
.1416
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary
_ short tons ..
Imports, bauxite
long tons
Price, wholesale, scrap castings (N. Y.)
dol. per lb_.
Aluminum fabricated products, shipments,
totaled
mil of Ib
Castings
do
Wrought products, total cf
do
Plate, sheet, and strip
do
Brass sheets, wholesale price, mill
dol. per lb__
Copper:
Production:
Mine production, recoverable copper
short tons__
Crude (mine or smelter, including custom intake)
._
_
_ short tons_
Refined
do
Deliveries, refined, domestic
_do___
Stocks, refined, end of month
do
Exports refined and manufactured
do
Imports, total
do
Unrefined, including scrap
do
Refined
_ _ _ _ _d o
Price, wholesale, electrolytic (N. Y.)__dol. per l b _ _
Lead:
Ore (lead content):
Mine production
short tons
Receipts by smelters, domestic ore _ _ do_
Refined (primary refineries) :
Production
_
do._
Shipments (domestic)
do
Stocks, end of month
_
_
do _
Price, wholesale, pig, desilverized (N. Y.)
dol. per lb__
Imports, total, except mfrs. (lead content)
short tons__
Tin:
Production, pig
long tons
Consumption, pig
do
Stocks, pig, end of month, total§-_ _ _ _ _ do _
Govcrnment§
do
Industrial _ _
__ _ _ _ _ .
do___
Imports:
Ore (tin content) _. _ __ __ _
__ do
Bars, blocks, pigs, etc
do
Price, wholesale, Straits (N. Y.)
dol. per l b _ _
Zinc:
Mine production of recoverable zinc
short tons__
Slab zinc:
Production.
_ _
do
Shipments, total
do
Domestic
_ _ _ _
__
do _
Stocks, end of month
do
Price, wholesale, prime Western (St. Louis)
dol. per lb__
Imports, total (zinc content)
short tons__
For smelting, refining, and export
do
For domestic consumption:
Ore (zinc content)
do
Blocks, pigs, etc
do
78, 752
r
r
84, 824
105, 770
138, 759
59, 760
18, 226
59, 910
21 , 028
38, 882
.2420
80, 634
100, 075
125, 338
69, 237
.2420
.1900
.1900
.1900
.1900
.1900
.1892
.1573
. 1526
.1600
.1600
. 1600
.1440
20, 009
25, 765
15, 390
42, 460
81, 496
57, 770
73, 435
67,611
32, 765
40, 196
47, 440
59, 392
2, 055
4,595
20, 358
8,308
11,909
1,972
4,397
17,843
6, 753
11,018
1,984
4,879
14,751
4,525
10, 125
1,990
4, 524
13, 297
3,617
9, 567
2,022
4,489
18, 242
9,004
9,119
1,989
3,919
26. 172
15, 458
10, 645
1,952
3, 751
33, 093
22, 741
9,820
2
189
1,789
26, 301
15, 904
10, 358
2163
1, 933
31, 037
21, 009
9,996
2
231
4,553
25,233
18,411
8,140
2,732
4, 527
25, 273
15, 534
9, 361
3, 601
5,002
643
1,188
1. 0300
1,820
1, 591
1. 0300
144
1,005
1. 0973
1,472
598
1. 2150
821
7,752
1. 2150
732
10, 894
1. 2150
934
7,418
1. 2150
3,070
9,951
1. 2150
5,481
6,619
1. 2150
2,378
8,501
1. 2150
57, 195
57, 269
59, 523
59, 098
61, 292
60, 443
63, 017
58, 063
50, 231
49, 402
48, 706
52, 455
79, 376
77, 419
70, 084
25, 041
81,769
84, 909
73, 694
21, 901
83, 205
78, 403
75, 039
26, 703
77, 296
77, 448
70, 928
26, 551
85, 028
85,575
79, 897
26, 004
83,011
85, 592
72, 716
23, 423
83, 797
74,076
63, 701
33, 144
77, 463
47, 265
35, 769
63, 342
76, 930
43, 353
38, 714
96,919
78, 167
78, 435
72, 963
96, 651
76, 019
78, 129
69, 343
94, 541
80. 588
79, 787
71,659
95, 342
78, 563
90, 766
81,439
83, 149
.1950
21, 439
5,411
.1950
23, 925
6,473
.1950
18,711
2,306
.1950
49, 225
4,996
. 1950
123, 605
6,821
.1950
122, 483
7,993
.1950
104, 640
5,047
.1574
106, 749
2,097
. 1500
79, 445
832
.1406
9,470
1,164
.1398
14, 976
1,371
. 1330
21,322
2,939
. 1250
9,036
6,992
9,727
7,725
11,741
4,664
38, 980
5, 249
108, 280
8,504
106, 925
7,565
92,716
6,877
98, 165
6,487
62, 708
15, 905
4,088
4,218
4, 454
9,151
6, 105
12, 278
19, 335
68, 584
11, 168
69, 677
11, 318
73, 039
10, 211
77, 267
9,161
81, 800
9,480
87,814
13, 346
90, 225
16, 962
88, 017
17, 285
79, 487
24, 037
73, 627
29, 455
63, 833
33, 552
55, 159
3,512
7,572
2,470
7,784
2,784
8,382
2,226
8,702
2,074
8,893
1,760
10, 010
2,145
9,665
2, 925
8,782
2,915
7,676
r
1, 136
7. 586
1.2138
14, 266
4, 869
6, 883
1.2123
1.2127
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square) :
Shipments
_ _ thous. of Ib
Stocks, end of month
do
Radiation:
Shipments
thous. of sq. f t _ _
Stocks, end of month
_ do
3,974
4, 729
4, 962
6,507
5,032
4,199
Revised.
1 Data beginning 1952 are in accorclance with the revisec1
export sc ledule and include ce rtain prim ary forms of copper manufactu res former ly excluded; the valiie of such
2 ]D roduction by detinn ers only.
exports amounted to about $1.5 million in January-'September 1951.
cf See note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.
§Government stocks represent those available for industrial use; total stocks include small amount not distributed.
r
SURVEY OF CURRENT BUSINESS
L'nless otherwise stated, statistics through
1950 and descriptire notes are shown
wn in the
ic Survey
1951 Statistical Supplement to the
Survey
January li.).~3
1951
December
November
January
February
March
May
April
J ub-
June
August
September
October
November
METALS AND MANUFACTURES—Continued
II EATING APPARATUS— Continued
Boilers range shipments
number
Oil burners:
Orders unfilled, end of month
do
Shipments
do
Stocks, end of month. _
..
. _ do__ J
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
number _ _
Coal and wood
do
Gas (incl. bungalow and combination). .-do
Kerosene, gasoline, and fuel oil
do
Stoves, domestic heating, shipments, total
do
Coal and wood
_ .
do
Gas
do
Kerosene gasoline and fuel oil
do
Warm-air furnaces (forced-air and gravity-air flow),
shipments, total
.
number. .
Gas
do
Oil
..
- do ..
Solid fuel
do
Water heaters, nonelectric, shipments
do
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans new orders
thous of dol
Unit heater group new orders
do
Foundry equipment (new), new orders,
net
1 937-39 = 100 _ .
Furnaces, industrial, new orders:
Electric
thous. of doL .
Fuel-fired (except for hot rolling steel)
do
Machine tools:
New orders
1945-47 — 100
Shipments
do
Mechanical stokers, sales:
Classes 1 2 and 3
number
Classes 4 and 5:
Number
Horsepower
Pumps, steam, power, centrifugal and rotary, new
orders
thous. of dol
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipmentsf
- thousands. Domestic electrical appliances, sales billed:
Refrigerators index
1936—100
Vacuum cleaners, standard type
number._
WashersO
do .
Radio sets production*
do
Television sets (incl. combination), production*
number. .
Insulating materials and related products:
Insulating materials, sales billed, indexl 1936=100^
Fiber products:
Laminated fiber products, shipments§
thous. of dol. _
Vulcanized fiber:
Consumption of fiber paper
thous. of l b _ _
Shipments of vulcanized products
thous. of doL.
Steel conduit (rigid) and fittings, shipments 9
short toris-.
Motors and generators, quarterly:
New orders index
1936 100
Polyphase induction motors, 1-200 hp:^
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:o"
New orders
thous of dol
32, 014
26, 129
31, 193
28,245
22,202
23, 446
22, 850
17, 851
20, 010
21, 197
21, 979
20, 797
35, 843
64, 641
69, 437
38, 033
40 392
76, 136
40,256
45,748
77.518 '
36, 789
37. 792
80, 775
39, 103
40, 038
81, 408
36,284 •
45,805 !
80, 183
41,707
51, 743
74, 183
42, 963
57, 830
72, 468
54, 737
67, 044
61. 577
63, 805
84, 620
50, 593
66, 080
104, 098
42, 993
57, 874
119,370
36, 076
215,974
11,474
193, 124
11,376
168. 232
9, 435
150, 930
7, 867
184, 275
9, 501
166, 669
8, 105
187.505
9. 589
166, 687
11,229
204, 657
8, 625
185, 751
10,281
199. 605
7.475 '
182,942
9.188
179, 496
6, 267
163, 446
9,783
192, 540
5, 702
176, 405
10, 433
170, 146
7.080
154.907
8, 159
' 198, 604
8,820
r
180, 346
9,438
r
221, 468
9, 037
200, 946
11,485
264. 196
9, 905
241,138
13, 153
455, 983
124,919
203 212
127, 852
184, 563
46, 751
81,611
56, 201
145, 268
22, 761
63. 696
58,811
144, 462
19,318
60, 843
64, 301
154, 434
25, 450
64, 120
64, 864
147. 435
25, 381
62,014
60, 040
172, 303
35, 676
76, 324
60, 303
230, 741
40, 963
120, 878
68, 900
393, 834
79, 027
197. 680
117.127
515, 356
132, 211
236, 849
146. 296
r
565, 508
158, 564
241, 419
165, 525
659.
179,
304,
175,
84, 093
37, 179
34. 966
11,948
174,275
55, 718
26 992
22, 778
5, 948
147, 635
50, 002
24, 306
20, 498
5, 198
171,337
48. 529
24,017
19,309
5, 203
167, 335
51,277
25, 797
20. 848
4, 632
172, 320
50. 933
27, 029
19, 695
4,209
176, 609
58, 732
32, 239
20, 583
5, 910
181,389
70, 206
36, 627
27, 235
6, 344
182,851
78, 266
38, 738
30, 950
8. 578
157. 595
105, 410
51, 289
40, 654
13, 467
187, 949
116,300
54, 368
46, 419
15,513
202, 432
126, 754
59, 071
51, 331
16,352
21 8, 582
!
30, 191
13, 483
30, 828
16 430
r
r
r
r
r
38, 731
11,805
"
965
921
169
875
32 959
14 456 '
305. 5
230.5
404. 5
200.4
310.0
385. 1
225.2
353. 8
343.9
311.6
365. 9
335.8
2,882
2, 519
2. 100
2. 873
2, 856
3. 379
1 , 363
2,418
2, 100
1,809
2. 298
3.613
3,713
3, 037
1, 552
2,968
2. 530
6. 703
1, 626
5, 259
1,412 !
2 470 |
2, 459
1 , 520
330. 5
226.0
376. 5
264. 7
347. 8
266. 6
318 8
279. 6
324. 3
299. 5
293. 5
307. 9
284.6
323. 0
342.9
330. 8
376. 3
259. 7
311.1
317.0
302.4
368. 3 !
r
1,998
1,095
1, 327
1, 145
960
1,059
1, 157
1, 725
1, 667
2, 621
r
115
21,284
161
4:1 931
115
57, 455
131
39, 165
136
50, 528
143
44, 329
171
33, 302
249
47, 981
i
172 !
31,079
2.978
152
35, 707
183 i
37, 656
5,908
5, 553
5, 517
6, 020
5, 925
(i, 354
fi, 140
7, 957
6, 299
5, 921
5, 258
2, 232
1, 792
1, 639
963
769
850
1,137
1, 535
2, 526
2, 905
r 2, 874
3. 1 12
2, 180
133
217, 169
222, 266
847, 946
128
216, 969
219, 882
748, 344
192
206, 939
281, 635
874, 253
197
188, 715
209 901
441, 736
148
222, 413
259, 280
543, 802
122
136
292, 474
237, 541
335,616
287, 919
865, 654 ! 772. 346
924. 195
322, 878
309, 375
361, 152
198, 921
397,769 !
755, 665
724,117
780, 486
545
o!7
500
470
451 1
531
258. 1
243. 3 !
' 357. 8
r
* 210. 1
p 338. 2
3, 073 i
1,935
1 "8
3 1.366
r
11 5
21,221
87
219, 119
268, 645
747, 914
115
230, 263
224, 471
868,100
153
230, 226
218,956
632, 455
153
235, 936
261,512
759, 453
163
290, 092
254, 135
975. 892
415, 332
467, 108
404, 933
409, 337
510, 561
511
466
548
528
6, 833
8,115
7, 830
7, 796
7, 899
7, 739
7, 558
7, 597
6. 718 !
8. 223
9,110 !
4,170
4. 836
4. 484
4,216
4,133
3, 640 i
3, 720
2,179
3, 038
3, 759 i
4.160
1, 565
7, 513
I
4,711
1,523
1, 232
1, 646
1.618
26, 409
23, 871
25, 982
25, 530
536 i
1,430
1, 332
1, 296
1, 027
1,210
1, 3X0
1 , 694
23, 243
13. 881
7, 214
17, 021
28, 645
21.944
573
517
517
463
42, 455
44. 820
36. 446
40,443
36 94f>
35.210
. .
_
i
g
599
22, 767
44 189
40, 722
13,614 1
9. 787 ' _
8.793 ;
9,410
10,713
6 619
;
'
..
_ _ .. i
:
!
254,297
8. 956
3. 658
1 , 462
21, 108
'
9 269
7, 905
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. of short tons
Stocks in producers' storage yards, end of month
thous. of short tons..
Exports
do
Prices, chestnut:
Retail, composite!
dol. per short ton
Wholesale, f. o. b. car at minef
do
Bituminous:
Production
thous. of short tons
Industrial consumption and retail deliveries, total
thous. of short tons._
Industrial consumption, total
do. Beehive coke ovens
__ _ _ . do
Oven-coke plants
do
Cement mills
- - do
Electric-power utilities
do
Railways (class I)
do
Steel and rolling mills
do
Other industrial
do
Retail deliveries
do
!
r
4, 129
3,713
3,974
3,162
2.959 '
3,187
3,203
3,103
2,484
2,663
3, 705
4.150
3. 354
1,055
633
982
583
939
534
1,018
391
1,024
391
1,026
295
1,149
340
1, 264
360
1,447
233
1,420
423
1,314
496
1,300
49S
1,479
23. 31
14. 513
23. 31
14. 513
23. 31
14. 513
23. 31
14.513
23.31 !
14.513
23.08
13.394
21. 69
13. 456
21.77
13. 631
22. 38
13. 869 ;
22. 54
14. 119
22.92
14. 219
23. 77
1 t. 6X1
24.0U
14.681
49, 207
44, 000
49, 900
43, 770
41,075
39,300
36, 515
31, 460
25,800
34,320
46, 890
32. 765
40, 850
41, 435
34, 027
933
8,367
781
9,382
4,344
705
9,515
7,408
42, 803
34, 660
971
8,670
758
9,267
4, 463
758
9,773
8,143
44, 284
34, 895
998
8, 758
740
9,540
4, 301
775
9, 783
9,389
39. 587
31,757
927
8,171
673
8, 434
3, 877
743
8,932
7,830
39, 240 '
32,170
899
8, 807
665
8, 510
3,698
677
8. 914
7, 070 i
32, 636
28,422
685
7, 027
608
7. 781
3.321
582
7, 818
4, 214
30, 758
27, 741
681
7, 854
637
7, 724
3, 075
562
7,208
3,017
23, 213
20, 235
133
2, 930
582
7, 369
2, 569
208
6,444
2,978
23.489
20, 270
104
3,293
603
7, 597
2,342
229
6, 102
3,219
32,641
27, 429
383
8,259
681
8, 250
2,722
532
6, 602
5,212
34,512
28, 336
38. 881
3 1 . 945
36, 961
31, 905
624
534
551
8, 230
8, 633
8, 446
679
699
725
8,494
2, 852
9, 582
3, 128
9, 604
3,031
538
623
653
6,919
6, 176
8, 746
6, 936
8, 895
5, 056
v
Revised
Preliminary.
tRevised series. For revised batteries data beginning 1947, see note at bottom of p. S-35 of the July 1952 SURVEY.
prices supersede former quotations on tracks, destination. Revised price data prior to 1951 will be shown later.
;
!
1
I
j
r
T
tion, 2d half of 1951, 33f beginning 1952, 34; direct current, beginning 1951, 28.
Retail prices of coal are weighted averages for large cities.
Wholesale
SURVEY OF CURRENT BUSINESS
.Jitiniiirv l!t.~>3
1952
1951
rough
UnleHs otherwise stated, statistics through
1950 and descriptive notes are shown in the
Survey
1951 Statistical Supplement to the Survey
November
S-35
December
January
February
March
April
May
June
August
July
September
October
November
PETROLEUM, COAL, AND PRODUCTS—Continued
CO A L—Continued
Bituminous — Continued
Consumption on vessels (bunker fuel)
thous. of short tons__
Stocks, industrial and retail dealers', end of
month, total
thous. of short tons
Industrial, total
do_- Oven -coke plants
_
_ do
Cement mills
do
Electric-power utilities
_ _ do
Railways (class I)
do
Steel and rolling mills
do
Other industrial
_
_
_ _ do
Retail dealers
do
Exports
do
Prices:
Retail, composite f
dol. per short ton..
Wholesale:
Mine run, f. o. b. car at minet
do
Prepared sizes, f. o. b. car at minef
do
91
35
19
19
16
76
92
84
79
76
75
77
76
77, 858
75, 948
15, 123
1, 508
34, 104
4,163
1,151
19, 899
1,910
76, 636
74, 886
15, 270
1,424
33, 398
4,172
1,181
19, 441
1,750
75, 423
73, 792
14,827
1 , 361
32, 692
4, 161
1,213
19, 538
1, 631
76, 474
74, 967
15,786
1,342
32, 710
4,237
1,276
19,616
1,507
77, 293
76, 042
16, 727
1,276
32, 724
4,299
1,322
19, 694
1, 251
78, 141
76, 810
16, 652
1,245
33, 617
4, 254
1,353
19, 689
1,331
79, 496
78, 033
16, 994
1, 261
34, 545
4,110
1,336
19, 787
1,463
80, 744
79,108
16,446
1,412
35, 802
3, 996
1, 269
20, 183
1, 636
79, 359
77, 698
16, 136
1,456
35, 895
3, 560
1,195
19, 456
1,661
81, 238
79, 567
16, 066
1, 616
36, 797
3,443
1, 158
20, 487
1,671
83, 298
81,492
15, 728
1,746
37, 722
3,487
1,236
21,573
1,806
77, 951
76, 369
14. 437
1, 624
36, 393
3.041
1, 156
19,718
1,582
75, 978
74, 220
13, 645
1,607
36, 195
2 897
1, 085
18, 791
1, 758
5,420
4,478
5,163
3,982
4, 050
4,248
4,885
4,862
4, 003
4, 288
3, 760
3, 010
16. 14
16. 15
16. 16
16.16
16. Ib
16.16
15. 99
16.02
16.13
16. 22
16.28
16. 54
16.66
5. 697
6. 756
5. 697
6.773
5. 697
6. 773
5. 697
6.769
5. 697
6. 745
5.624
6.349
5. 623
6. 317
5. 629
6. 378
5.640
5.640
6. 487
6. 544
5. 655
6. 680
6. 01 6
6. 951
6. 016
6. 957
r
623
5,882
637
426
5, 536
201
112
2, 361
267
253
5, 787
317
397
2,305
5,784
323
r
333
6,117
314
356
5 961
321
433
5, 374
296
71
6,204
331
589
5, 770
310
576
fi, 168
335
625
6,114
325
1, 758
1, 284
495
83
111
1, 738
1,295
443
104
109
1 , 810
1,421
389
134
112
1,765
1, 455
310
142
86
1,832
1, 530
302
164
79
1,873
1,459
413
159
89
1,961
1, 538
424
158
62
2,557
2,007
3,297
2,479
550
122
58
819
103
53
3,142
2 294
848
98
44
2,838
2, 132
706
97
51?
2, 541
1,957
583
87
41
2, 445
1 920
524
14. 750
14.750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
2,040
1,947
191, 650
98
206, 032
2, 151
1,929
184, 654
95
193, 524
2,101
198, 028
93
205, 825
2,063
2,196
2,017
192,712
192, 882
89
158,310
185,917
96
204, 762
2,141
188, 868
96
214, 729
1 938
192 798
99
202, 661
1,660
195, 528
98
210, 510
1.794
202. 044
96
213, 358
255, 900
64, 614
259, 126
63, 612
177,422
275, 951
70, 352
187, 341
18, 258
264 368
67, 497
178 394
18, 477
264, 723
65, 241
181, 580
269, 776
66, 084
173,315
17,902
185,900
17,792
1,876
17, 497
2. 570
1, 966
18 124
2. 570
1,664
18, 306
2. 570
1,526
20, 065
2. 570
COKE
Production:
Beehive§
thous. of short tons
Oven (byproduct)
do
Petroleum coke
__
- do_
Stocks, end of month:
Byproduct plants, total
do
At furnace plants
do
At merchant plants
_ do.-.
Petroleum coke
do
Exports
do _
Price, beehive, Connellsville (furnace)
dol. per short ton__
306
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
number
Production
thous. of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
thous. of bbl..
Stocks, end of month:^
Gasoline-bearing in U. S., total
do
At refineries
_
do
4t tank farms and in pipelines
do
On leases
- - do
Exports
. .. - .-do
Imports
do
Price (Oklahoma-Kansas) at wells. _. dol. per bbl_.
188, 149
97
198, 258
255, 783
94
205, 829
261. 100
65, 297
177, 982
62,311
175,481
254, 007
62, 436
173, 471
17,821
17, 991
18,100
17, 971
1, 858
13, 050
2. 570
2,147
11,835
2, 303
16, 043
2. 570
2,211
14, 083
2. 570
2. 570
193,039
71
152, 062
18, 092
270, 679
69, 159
183, 751
17, 769
290, 813
72, 875
197, 001
20, 937
2, 939
14, 186
2. 570
3,340
17, 495
2.570
1,718
15, 570
2. 570
285, 964
71,950
194, 525
19,489
2 388
17,171
2. 570
2. 570
Refined petroleum products:
Fuel oil:
Production:
45. 141
44, 314
44, 693
43, 402
30, 432
Distillate fuel oil
thous of bbl
40, 726
39, 353
43 640
45 735
45 053
46 933
45 183
38. 352
Residual fuel oil
_ _ _ _ _ _ do__.
39,111
40, 693
41, 483
39, 482
37, 602
30, 336
36, 827
38. 337
36, 887
37 321
38' 822
Domestic demand:
47, 221
57, 233
63, 185
54, 489
49, 081
33,921
27, 867
25,815
Distillate fuel oil
do
23, 291
28, 836
26, 221
39, 360
r
54, 382
56. 24(5
50, 721
50, 982
49, 796
45,119
38, 500
Residual fuel oil _ _ _.
do
36, 285
37, 027
42, 094
41, 267
50, 402
Consumption by type of consumer:
6, 333
4, 775
5, 222
5, 965
6, 068
4,204
3,912
E lectric-power plan ts J
do
3,717
4, 380
6,028
7,162
5, 380
7,749
3,244
3, 032
2, 767
2, 851
2,434
Railways (class I)
.
_-do._ .
3,313
2, 500
2, 463
2 439
2 497
2 618
2 827
6, 331
15, 484
6, 447
6, 760
Vessels (bunker oil)
do
6, 906
6, 317
6, 438
6, 156
6, 109
6, 563
6, 342
6,981
6, 354
Stocks, end of month:
80, 785
i 66, 969
94, 917
55, 369
Distillate fuel oil
... _ _ _ _ do _
48, 750
51,634
51, 648
65 911
85 775
104 257
117 252
120 721
45, 378
42, 063
i 39, 523
Residual fuel oil
do
38, 295
37, 971
38, 561
38. 821
45, 688
52, 245
56, 200
54[ 061
53] 052
Exports:
1, 854
1,242
1 894
1,654
9 g4o
] 316
2 791
Distillate fuel oil
do
2 641
3 613
2 306
2 999
3 269
Residual fuel oil
do
1 962
2 006
1 816
1 847
2 059
2 244
2 588
2 500
2 473
1 583
1 1(H
1 373
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
dol. per gal_.
.091
.091
. 091
.091
.091
.091
. 091
.091
.098
.098
.098
.098
.098
1. 650
1. 650
1.650
Residual (Okla., No. 6 fuel)
dol. per bbl._
1. 500
1. 500
1. 400
1. 350
1.150
.950
.900
.900
.900
.900
Kerosene:
Production
_ thous. of bbl
1 3, 040
12, 083
12, 171
10, 742
11,964
10 978
7 084
9 519
11 083
11 620
10 498
10 919
14, 960
16, 744
14,608
Domestic demand
. ._ _ __ _. ._ do
16. 633
12.853
5, 504
8, 150
5 268
5 883
7 156
6 014
12 230
1
Stocks e n d o f month
_ _ _ _ _ _ _ do
29, 948
24, 933
22. 679
18, 530
16,817
18 955
19,614
23 061
27 387
35 021
32 401
33 289
387
752
Exports
do
538
217
652
613
950
740
796
525
655
358
Price, wholesale, bulk lots (New York Harbor)
.101
dol. per gal_.101
.101
.101
.101
.101
.101
.101
.108
.108
.108
.108
.108
Lubricants:
4 558
Production
thous. of bbl
5,144
5, 157
4 963
4, 456
4 921
4 855
4 831
3 492
4 694
4 857
4 940
3,421
3, 163
Dom estic dem and
do
3, 381
2,827
2, 525
2,990
3, 509
3,414
3,224
3, 343
3,' 433
3,711
9, 111
9,617
10, 049
Stocks, refinery, end of month
do
9, 856
10 154
9 610
10, 169
9 694
9 Q20
9 775
9 745
9 869
1,441
1 , 292
1, 429
1.357
Exports©
- do
1, 751
1 297
1,276
1,448
1*295
1 055
1 610
1 070
Price, wholesale, bright stock (midcontinent,
.290
.290
.290
.290
f. o. b. Tulsa)
dol. per gal__
.290
.290
.290
.270
.270
270
270
9fin
9*n
r
Revised.
d.
1 New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 85,872; residual fuel, 42,955; kerosene, 26,940.
f Revised series.. Retail prices are weighted 1averages for large cities.. Wholesale prices supersede former quotations on tracks, destination. Figures prior to 1951 will be published later.
§Revisions for 1950 will be shown later.
cf Includes stocks of heavy crude in California.
{Revisions for January- July 1951 will be shown later.
©Excludes "special category" exports not shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *Ncw series. Compiled by the Badio- Television Manufacturers Association. Data represent industry totals based on reports
from both members and nonmembers of the association. Both private and company brands are included. Radio production comprises home, portable battery, automobile, and clock models;
television sets include combination models. Annual totals for 1924-46 for radios and monthly data for 1947-50 for radio and television sets are shown on p. 20 of the October 1952 SURVEY.
Data for December 1951 and March, June, and September 1952 cover 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
S-36
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November
January 19o3
December
January
February
March
April
May-
June
July
August
September
October
November
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products — Continued
Motor fuel:
All types:
Production, total
_ _ thous. of bbl .
Gasoline and naphtha from crude petroleum
thous. of bbl _
Natural gasoline and allied products. do ..
Sales of 1. p. g. for fuel, etc., and transfers of cycle products _ _ thous. of bbl__
Used at refineries
do
Domestic demand
do
Stocks, gasoline, end of month:
Finished gasoline, total
_ _do
At refineries
do
Unfinished gasoline
_ do .._
Natural gasoline and allied products do
Exports cTL- -_
_do__ Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol. per gal ..
Wholesale, regular grade (N. Y.)*
do
Retail, service stations, 50 cities
do
Aviation gasoline:
Production, total
thous. of bbl
100-octane and above.
_ do _
Stocks, total
do
100-octane and above..
do
Asphalt:
Production __
_ __ short tons _
Stocks, refinery, end of month
do
Wax:
Production
thous. of Ib
Stocks, refinery, end of month
._
do
Asphalt products, shipments:
Asphalt roofing, total
thous. of squares. _
Roll roofing and cap sheet:
Smooth-surfaced
- do
Mineral-surfaced
do
Shingles, all types
. _
do
Asphalt sidings
do
Saturated felts
short tons
95, 859
100, 039
98, 551
93, 134
99, 093
92, 553
74, 485
98, 340
105, 022
107, 427
104, 977
104, 873
84, 976
18, 191
88, 800
18, 941
87. 446
19, 058
82, 052
18, 070
87, 096
18, 724
81,819
17, 917
63, 752
16, 796
86, 638
17, 310
93, 373
17, 669
95, 742
18, 259
93, 663
18, 248
92 564
19, 605
7,308
8,917
88, 702
7,702
8,838
84, 394
7,953
8,459
86, 863
6.988
8,113
82, 043
6,727
8,038
87, 065
7,183
8,041
98, 653
6,063
7,398
101, 137
5,608
8,437
99, 305
6,020
8,761
105, 307
6,574
8,938
102 954
6, 934
9 186
100 095
7,296
9 759
103 689
105,117
58, 100
6,911
8,379
4.071
117, 235
70. 051
7,747
8,186
3,476
136, 161
81.054
8,178
7,896
2,558
143, 910
87, 458
8,002
8, 585
2,144
152,556
90 695
8, 133
9.527
1,903
143, 512
83, 129
8,378
9, 366
2, 466
116,039
64, 731
7,617
9,246
975
112, 232
60, 389
7,934
10, 035
1,889
108, 708
57, 180
7,858
10, 095
2,730
110,750
57, 244
7,842
9,722
2,203
113, 698
59 276
7,293
8 925
2,164
111,770
58 180
8.292
8 890
2,386
.104
.129
.203
.103
.129
.203
.103
.129
.200
.103
.129
.199
.104
.129
.201
.100
.129
.202
.103
.129
.205
.104
.129
.205
.104
.129
.204
.104
.129
.203
.104
.129
.204
.104
.129
.202
6, 390
5, 266
7,726
3,853
6,555
5,435
8,277
4,356
6,409
5, 480
8,399
4,483
6, 137
4,875
8, 503
4,421
6. 922
5, 848
8, 529
4,507
6,116
5, 076
7, 633
3, 761
4,906
4,339
7,859
4,422
6,003
5,068
7,332
3,863
6,552
5,417
7,311
3,878
6,988
5,977
7, 865
4,470
6 694
5, 325
8 085
4,259
7 193
6.191
8 386
4, 751
.104
.129
.201
605, 600
739, 300
922, 900 1,009,500 1. 280, 700 1,383,600 1, 493, 500 1, 475, 100 1, 407, 100
719, 300
671,300
884, 700
975, 600 1, 203, 600 1, 331, 500 1, 527, 300 1,713,500 1, 753, 500 1,660,500 1,436,000 1, 167, 100
967, 500
755 800
690 400
101.080
196, 280
92, 400
202, 440
98, 280
194, 040
100. 240
190,400
95, 480
199,360
94, 360
193,480
4,141
2,485
3,516
3,549
3,869
4,742
,m
1,029
928
882
876
861
913
888
1,040
1,109
3,023
59, 274
1.082
634
656
2.029
1,195
1, 705
1,811
2, 067
1.019
1,046
2, 676
192
44, 742
32, 602
44, 641
46, 644
45, 957
52, 791
120
163
144
135
126
80, 360
179, 200
123
96, 880
179,760
92, 680
169,680
116, 200
173, 600
5,103
5,355
1,001
1,133
2,969
1, 060
1,166
3,130
52, 540
119
105 000
168, 000
113 120
158, 480
5,856
6,387
6,609
4 254
1,169
1,365
3,322
1,321
1 549
3,517
1,405
1 617
3, 587
1 037
2 266
56, 335
61 200
62 439
67 754
59 OQQ
2, 255
2 351
r 5 917
2 151
2 225
5 843
693 247
698 420
496 775
786 664
775' 224
510 317
683 988
703 0479
489 86
r
1, 461
194 463
567 05Q
214? 219
56 332
36 698
r 204 31?
92 331
1, 397
198 466
540 593
195 763
54 128
35 173
192' 874
93 005
136
151
190
224
950
174
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood :
Receipts
_ _ _ thous. of cords (128 cu. ft.) _ _
Consumption
do
Stocks, end of month
do
Waste paper:
Receipts
short tons
Consumption
_ _. do
Stocks end of month
do
_
Soda
Groundwood
do
do
do
do
do
do
do
T
2.213
2,102
5,072
2, 699
2, 339
5,445
2, 561
2,227
5, 775
2 482
2,332
5, 915
1, 903
2,235
5, 582
1,900
2,247
5,234
2,044
2,127
5,148
2,211
1,910
5,448
2,527
2,209
5,766
644, 616
640, 925
586, 602
548, 752
544, 983
589, 340
665, 051
657, 518
593, 508
620, 775
632,317
580, 809
647,081
650, 550
576, 038
650, 014
640, 933
587, 616
597, 539
618, 966
564, 079
589, 727
605, 572
548, 623
550, 030
561,067
536, 811
631, 070
667, 847
501 402
1,277
167, 475
490, 399
191,814
62, 126
35, 526
192, 799
77, 195
1, 436
199, 797
559, 914
208, 833
63, 214
39, 480
207, 014
83, 501
1.373
199, 614
523, 737
201,035
59, 548
37, 651
194, 723
82, 763
1, 456
211,906
552, 033
213, 340
61, 776
39. 041
214,847
86, 773
1,375
195, 895
512, 267
207, 095
59, 253
37,813
198, 464
89, 170
1,402
210, 711
513, 971
210,273
58, 390
37, 840
203, 259
87, 398
1,323
207,457
483, 425
188,012
52, 355
33 893
194, 762
89, 236
1,180
174 921
432, 532
165, 479
47, 225
26, 953
181, 974
84, 161
1,381
198 830
529' 591
203 866
54, 647
32 708
194 697
83, 646
1,305
177 087
493 384
193 488
53' 736
32 320
185 254
84 958
107, 057
8,718
11, 462
29, 508
12, 184
1. 816
37, 969
108, 352
11, 150
12, 583
26, 472
11,219
1,540
39, 227
113. 520
12, 547
14, 339
27, 902
10, 100
1,781
38,912
124, 064
13, 369
16, 557
28, 662
13. 407
1, 973
41,861
139, 706
14, 545
18, 349
41. 660
12, 150
2, 161
42, 547
147, 535
17, 277
IK, 139
47.217
12, 571
2,170
41, 088
156, 864
20, 566
18, 247
49, 509
15, 500
2,640
41, 030
146, 208
16, 326
19, 541
46, 508
15, 460
2, 563
36, 722
152 021
21, 586
21, 369
50 958
14, 276
2,425
31 983
146 712
19,619
23 150
49 691
15,802
2 321
26 681
149
18
24
58
13
2
22
23, 583
168, 237
45, 368
18, 961
39, 949
40, 106
2,430
20, 209
14, 540
175, 765
44, 144
21 552
43, 966
44 846
2,273
17, 998
24, 261
161, 738
47, 028
18.854
41, 111
36 965
2, 654
14, 306
22, 369
155,331
43, 456
12,917
41,648
34 495
2,573
19, 544
29, 522
145, 643
37, 9R7
111575
40, 497
33 382
2,619
18, 878
30, 131
147, 433
47, 696
11. 669
36, 458
31 836
2,229
17, 408
19, 666
133, 599
39, 188
11,493
32, 618
27 286
2,197
20, 205
9,883
122, 636
36, 843
10 904
33 555
25 187
1,743
13, 851
14, 861
138, 616
37 873
12 941
38 477
27 693
2, 113
18 846
11,388
160, 423
40 4~6
18 719
39 495
30 874
2*494
27 773
11, 560
170, 340
43 01Q
OQ' 0^1
46 64C)
34 026
2 257
23 593
2,014
1,051
2,011
1,029
1,949
981
1,762
869
2, 059
990
WOOD PULP
Production:
Total, all grades
thous. of short tons.- r r 1, 420
198, 964
Bleached sulphate
short tons
r
547, 462
Unbleached sulphate
do
r
205, 069
Bleached sulphite
do
r
61.796
Unbleached sulphite
.
do
37. 957
Soda
- do
T
205, 674
Groundwood
do
83, 192
Defibrated, exploded, etc
_ _. _
do. _
Stocks, own pulp at pulp mills, end of month:
* 101, 742
Total, all grades
short tons
14, 142
Bleached sulphate
.
do.
12,413
Unbleached sulphate
do
r
22, 193
Bleached sulphite
do
11, 480
Unbleached sulpnite
..
do ._
1,927
Soda
do
34, 880
Groundwood
do
Exports, all grades, total
Imports, all grades, total
Bleached sulphate
Unbleached sulphate
Bleached sulphite
r
r
r
2,172
2. 305
4,987
27,
171,
42
17
44.
40
758
451
268
928
605
586
2,767
21, 895
T
r
T
2, 355
2 104
6 007
404
263
5?3
334
415
282
563
154 700
19 295
24 584
Ol' 907
14 721
9 641
22' 394
PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
r
2,105
1,847
2,005
2, 048
2, 071
thous. of short tons..
1,022
1,118
1,088
1,048
1,095
Paper (incl. building paper)
do
892
859
857
743
881
Paperboard .
. - d o
95
* 102
82
97
95
Building board
do
T
Revised.
cf Excludes "special category" exports not shown separately for security reasons.
*New series. Prices are for bulk lots, f. o. b. refineries. Quotations prior to 1951 will be shown later.
867
97
875
106
858
110
783
110
942
126
r
2, 027
969
T
941
118
2,279
1 080
1 075
124
2,102
991
996
115
SURVEY OF CUEEENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-37
December
January
February
March
April
May
June
August
July
September
October
November
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS—Con.
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association) :
Orders, new
short tons
Orders, unfilled, end of month..
_ _ _ d o __
Production
do
Shipments
_
do
Stocks, end of month
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 lb_.
Coarse paper:
Orders, new
_ short tons__
Orders unfilled, end of month
do_
Production
_
_ _._do _
Shipments
do
Stocks, end of month
do
Newsprint:
Canada (incl. Newfoundland):
Production
do
Shipments from mills
do
Stocks, at mills, end of month
__do_ _
United States:
Consumption by publishers
_ _ do
Production
do
Shipments from mills
__
. do
Stocks, end of month:
At mills
•
do_
At publishers
do
In transit to publishers
do _
Imports
do
Price, rolls, contract, delivered to principal
ports*
dol per short ton
*>aperboard (National Paperboard Association):
Orders, new
short tons
Orders unfilled end of month
do
Production, total
do.
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil. sq. ft. surface area__
Folding paper boxes, value:
New orders
1936=100.
Shipments
do
819, 334
914, 463
896, 957
881, 877
340, 425
820, 265
870, 769
861, 248
863, 959
338, 617
962,
914,
932,
911,
326,
506
567
288
745
610
842, 191
903, 374
865, 400
851, 819
344, 664
852, 186
854, 820
896, 773
881, 775
361, 070
813, 274
825, 736
850, 216
842, 129
369, 375
740, 502
747, 506
817, 027
803, 031
376, 503
753, 235
729, 006
773, 003
769, 654
381, 065
715, 288
768, 806
674, 759
671, 174
384, 550
100, 090
110, 610
122, 649
121, 972
66, 635
106, 947
122, 703
118, 200
119, 040
65, 795
136, 428
141, 965
126, 753
125, 513
64, 558
114, 955
138, 310
122, 133
116, 643
67, 895
108, 853
120, 280
124, 033
121, 995
69, 710
104, 915
111, 930
116, 076
113, 781
72, 250
91, 140
93, 500
115, 790
109, 550
78,490
89, 628
86, 000
100, 121
96, 843
81, 905
83, 848
88, 000
84, 195
81, 323
84,750
264, 508
465, 945
297, 894
293, 829
118, 980
274, 755
447, 761
291, 707
292, 939
117, 748
343, 367
475, 000
315, 983
310, 450
129, 798
288, 745
475, 150
290, 945
290, 555
130, 180
288, 200
458, 050
300, 497
295, 680
135, 960
296, 780
460, 500
295, 614
293, 550
138, 025
261, 286
425, 000
288, 313
285, 851
140, 488
276, 760
423, 000
278, 120
279, 095
139, 500
262, 177
450, COO
238, 014
232, 209
145, 300
752,
726,
775,
768,
422,
557
902
723
208
465
809,
785,
756,
750,
426,
151
638
475
838
675
870, 000
814, 493
837, 000
841, 000
422 985
82, 938
57, 150
100, 213
98 08,0
93, 850
94, 582
58, 000
100, 268
94, 158
99, 960
109, 000
57 000
113, 000
110 000
102, 195
258, 666
422 402
267, 433
264, 517
140, 775
298, 032
464 649
256, 921
255, 785
141, 915
305, 000
479 600
292, 000
290, 000
143, 910
13.15
13.15
13.15
13.55
13.55
13.55
13.55
13.55
13.55
13.55
313, 393
229, 708
321, 822
316, 025
93, 520
291, 794
217, 091
305, 258
304, 411
94, 367
329, 159
192, 045
320, 281
317, 727
66, 884
286, 297
193, 108
293, 068
289, 132
75, 550
294, 560
182, 684
307, 066
300, 445
82, 900
254, 759
160, 500
277, 891
276, 686
84, 100
246, 360
140, 000
269, 058
262, 180
84, 000
237, 383
135, 000
250, 159
240, 210
95, 000
221, 930
143, 000
216, 743
212, 740
99, 000
257, 062
155, 270
256, 307
251, 791
130, 250
259,
170,
245,
244,
129,
555
090
086
732
500
287, 000
184, 000
268, 000
273, 000
124, 500
471, 732
491, 020
128, 078
435, 287
461, 455
101, 910
470, 456
445, 212
127, 154
457, 835
441, 349
143, 640
476, 492
453, 162
166, 970
471, 235
468, 018
170, 187
495, 972
492, 478
173, 681
451, 915
483, 791
141, 805
485, 539
483, 250
144, 094
486 496
488, 575
142, 015
461 508
462, 404
141, 119
502, 791
486, 159
157, 751
463, 435
498, 987
122, 199
402, 829
95, 847
99, 301
387, 783
91, 763
91, 721
345, 315
97, 216
95, 046
348, 630
94, 759
96, 982
399, 258
99, 633
98, 696
393, 470
94, 767
94, 250
404, 071
103, 440
103, 783
379, 943
99, 080
98, 138
329, 729
94, 192
94, 933
341, 571
97, 831
99, 008
379, 669
92, 301
90, 645
425, 981
97, 144
97, 789
416, 974
89 842
90, 429
7,526
436, 244
107, 144
438, 141
7,568
430, 431
91, 765
403, 934
9,738
460, 378
89, 491
385, 574
7,515
475, 502
99, 741
398, 936
8,452
457, 617
87, 887
416, 469
8,969
460, 475
72, 475
419, 848
8,626
442, 739
79, 028
409, 649
9,568
476, 479
74, 592
459, 005
8,827
532, 297
75, 474
427, 845
7,650
573, 502
86, 444
400 541
9,306
582 209
77, 578
422 887
8,661
561, 016
69, 364
432, 597
8 074
527 525
97, 206
122 00
122 00
116. 75
116. 75
116. 75
116. 75
116. 75
117. 00
117.00
119. 50
119. 50
812, 500
365, 400
863, 450
82
806, 300
358, 700
793, 950
71
883, 200
405, 500
835, 000
81
829, 300
355, 200
867, 800
86
923, 000
380, 400
880, 500
85
875, 600
417, 600
869, 500
82
880, 000
375, 000
906, 000
82
850, 300
352, 900
832, 800
82
845, 800
444, 200
773, 700
5,399
5,122
5,550
5,569
5,935
5,765
' 5, 974
5, 580
555.7
650.8
498.1
528.0
654.6
639.8
608.8
619.0
636.9
630.2
581.3
614.6
604. 1
604.1
666.4
638.7
1,172
963
209
1,083
872
211
720
557
163
723
575
148
1, 371
1,081
290
1,055
855
200
1,240
937
303
1,003
754
249
36, 946
72, 995
67, 246
r
71
13.55
13.55
r
125. 25
* 13. 55
v 125 25
917, 500 1, 065, 800 1, 076, 300 1, 020, 500
388, 400
453, 000
459 900
457, 400
955, 600
955, 700 1, 142, 200 1, 004, 900
89
88
96
96
5,538
6,340
6,743
7,471
6,796
627.4
575.5
688.9
661.3
693.4
719. 1
740.4
777 5
601
472
129
904
699
205
949
796
153
1 118
32, 760
84, 839
49, 251
32, 941
84, 657
67, 139
39, 274
84, 190
51,510
PRINTING
Book pubMcation, total
New books
New editions
number of editions
-- -do
do
930
188
1 263
1,034
229
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons
Stocks end of month
_ _ _
do
Imports, including latex and guayule
do. __
Price, wholesale, smoked sheets (New York)
dol. per lb__
Chemical (synthetic):
Production
_ ._ long tons
Consumption
do
Stocks end of month
do
Exports
do__
Reclaimed rubber:
Production
do
Consumption
do
Stocks end of month
_ _ _
do __
35, 037
63, 689
57, 378
33, 256
76, 569
45, 364
36, 989
75, 488
83, 283
34, 841
73, 959
76, 383
35, 682
61, 553
85, 172
36, 417
59, 422
82, 974
36, 347
63, 988
59, 188
T
r
45 110
82, 861
55, 651
.520
.520
.520
.505
.505
.485
.485
.380
.315
.305
.275
.270
.292
73, 045
65, 403
116, 910
1,190
76, 961
60,421
129, 952
1,430
75, 971
70, 330
138, 688
1,831
74, 943
66, 567
145, 277
2,141
79, 416
69, 744
151, 249
3,490
77, 437
68, 492
159, 701
2,415
61, 368
67, 339
154, 339
2,350
64, 040
66, 203
151, 324
1,154
58, 992
58, 642
152, 373
1,499
59, 214
61,214
150, 254
1,921
58, 352
66, 6(38
141 837
1,573
62, 553
r
73 963
r 133 042
1,525
60, 540
66 179
123 184
25, 453
24, 509
44, 049
23, 677
22, 044
45, 082
27, 755
26, 553
45, 067
23, 883
24, 518
43, 306
22, 808
24, 797
40, 579
23, 948
23, 911
39, 767
23, 142
22, 314
40, 169
21, 079
21, 850
38, 973
16, 213
18, 354
36, 287
17, 131
20, 548
32, 224
21, 732
23, 131
31, 430
r 27 405
26, 830
r
31, 463
22 264
22, 587
29 486
7,374
6,081
2,391
3,501
188
6,888
161
6,441
4,517
1,800
2,519
198
8,765
210
7,872
6,529
2,140
4,243
146
10, 039
150
7,463
6,184
2,301
3,721
163
11, 370
164
7,786
6,134
2,484
3,512
137
13, 043
181
7,189
6,967
2,814
4,038
115
13, 295
127
7,433
7,443
2,719
4,624
101
13, 263
108
7,366
9,003
2,617
6,256
130
11,668
107
7,097
7,148
1,186
5,845
117
11, 647
140
6,933
7,989
1 632
6,226
131
10, 637
159
7,391
8,049
2 826
5 082
141
9,960
154
663
846
200
532
114
10 821
95
5,500
4,803
8,378
121
5, 143
3,556
10, 094
144
5,582
5,475
10, 343
93
5,138
4,958
10, 507
125
5,497
5,034
10, 900
105
5,481
5,305
11,013
88
5,771
5,330
11, 493
63
5, 536
6, 040
10, 974
83
4,790
4,507
11, 223
134
4,867
5,431
10, 627
79
5,397
5 984
10 086
104
6 220
5 859
10 386
55
r
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
Original equipment
Replacement equipment
Export
Stocks, end of month
Exports©
Inner tubes:
Production!
Shipments!
Stocks, end of month §
Exports
r
thousands .
__ -do.
do
do__
do
do
do
_ _ _ _
do_
do
do
do
Revised.
* Preliminary.
*New series. Compiled by the 17. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
©Excludes "special category" exports not shown separately for security reasons.
§Includes data for motorcycles.
41 348
84, 745
8
7
3
4
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
January 1953
December
January
February
March
April
May
June
July
August
September
October
November
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments
reams
188, 389
132, 524
159,041
162, 959
174, 155
185, 451
168, 174
161, 544
157, 412
160, 795
174, 449
182, 612
20, 737
93
17, 994
9,910
3,882
19, 874
85
11,791
17, 993
4,711
17, 039
73
12,696
22, 336
7,056
16, 545
76
14, 362
24, 519
8,987
18, 095
78
15,993
26, 622
10, 741
19, 817
86
21, 764
24, 672
10, 348
21,829
92
23, 282
23, 220
9,513
20, 748
90
25, 067
18, 896
8,483
21,342
90
25, 084
15,158
7,548
23, 573
99
25, 915
12,819
6,262
23, 010
99
' 26, 240
9,584
5,352
24, 181
101
27,
222
r
6, 546
f
4, 360
545, 925
476, 776
447, 208
350, 014
406, 229
353,812
392, 482
378, 321
434, 789
411,819
484, 468
492, 488
489, 779
479, 409
510, 226
504, 459
538, 183
530, 377
531, 547
512, 135
530, 990
527, 147
546, 446
551, 040
PORTLAND CEMENT
Production
Percent of capacity
Shipments
Stocks, finished, end of month
Stocks, clinker, end of month _ _
thous. of bbl _ _
thous. of bbl__
do
__ do
22, 048
95
19, 771
8,823
4, 168
CLAY PRODUCTS
Brick, unglazed:
Production^
thous of standard brick
Shipments^
_
do
Price, wholesale, common, composite, f. o. b.
plantf
dol. per thous__
Clay sewer pipe, vitrified :J
Production
short tons
Shipments
do
Structural^ tile, unglazed :J
Production
do
Shipments
do
27. 366
27. 366
27.317
27. 317
27.317
27. 217
27. 217
27. 217
i 27. 409
27. 409
27. 409
27. 409
142, 340
122,046
125, 962
83, 177
134,045
86, 576
127, 442
97, 107
139, 685
118,092
139, 573
139, 744
128, 020
134, 221
143, 426
145, 603
132, 061
142, 566
136, 595
146, 934
145, 012
150, 341
151.052
160, 498
100, 705
85, 182
85, 965
66, 395
81, 948
71,403
78, 061
75, 617
76,119
69, 494
82, 647
84, 813
84, 209
82, 285
86, 470
83, 994
91, 836
87, 251
85, 434
87, 976
82, 911
83, 338
82, 736
88, 572
7,804
7,714
7,603
7, 568
8,941
8,485
8,783
8,053
9,400
9, 005
9,523
9,577
10, 220
9,888
10, 080
9,607
10, 042
9,735
10, 700
11,126
10, 100
9,688
10, 704
10, 119
27. 409
GLASS PRODUCTS
Glass containers:
Production
_
thous. of gross
Shipments, domestic, total
do
General -use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) _ -thous. of gross _ _
Beverage (returnable and nonreturnable)
thous. of gross _ _
Beer bottles
do
Liquor and wine
do _ .
Medicinal and toilet
do
Chemical, household and industrial
do ...
Dairy products
do
Stocks, end of month
_
do
Other glassware, machine-made:
Tumblers:
Production
thous. of dozens
Shipments
do
Stocks
do
Table, kitchen, and householdware, shipments
thous. of dozens
8,888
8,296
632
674
783
859
881
1,125
1,216
915
892
1,186
1,464
1,220
719
2,122
1, 885
2,498
2,123
2,400
2,474
2,767
2,706
2,733
3,210
2,736
2,818
2,234
319
840
1,097
1,810
532
873
525
841
741
503
874
655
806
906
977
955
1,123
1,198
1,073
1,244
1, 795
767
700
1,061
2, 355
2,064
1,860
1,834
783
1,257
1,120
2,313
476
768
1,035
2,111
666
570
1,380
2,298
330
528
1,381
2,083
9,710
10, 087
840
979
2,161
1,962
2,272
693
199
783
228
9,453
9,635
10, 093
10, 216
9,863
9,871
10, 060
10, 107
9,449
9,594
9,854
3,889
4,645
11, 228
3,800
3, 352
11,579
4,883
4,473
11,837
5,136
5,514
9,989
5,357
5,061
10, 241
4,701
4,987
9,892
4,537
5,329
9,073
4,831
5,491
8,349
4,966
5,245
8,023
5,833
5,181
8, 628
3,816
4,050
8,389
5,696
6,012
8,035
3,368
2,589
3,005
3,857
3,431
3,474
3,551
2,908
2,945
3,354
3,308
4,374
634
260
572
330
679
258
850
244
940
735
233
852
739
214
905
788
264
928
327
772
327
859
307
751
270
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous of short tons
Production
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
TJncalcined
short tons
Calcined:
For building uses:
Keene's cement
All other building plasters
Tile
Wallboardcf
Industrial plasters
401
859
do
do
do
do
short tons
734
2,027
1,681
1,806
1,582
2,067
1,720
1,218
2,166
1 846
636, 366
526, 045
559, 966
604, 346
471, 072
10, 648
146, 036
602, 500
7,763
776, 854
71, 377
451, 841
13, 086
134, 090
508, 785
7,602
761, 566
67, 484
494, 822
14, 045
143, 059
589, 300
6,670
830, 644
61, 426
533, 226
13, 337
165 283
645 548
6 265
902 174
58 438
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs .
Shipments
do
Stocks, end of month ___ __ _ _ ... _ . do_ .
13, 465
13, 495
28, 851
13, 250
13, 961
28, 163
13, 476
13, 551
28, 067
13, 324
12,317
29, 129
13, 046
12, 481
29, 774
12, 928
13, 986
27, 515
11, 393
11,611
28, 199
13, 945
13, 366
28, 907
12, 804
13, 592
14, 530
2 15, 072
2 15, 144
735, 251
848, 055
686, 951
674, 773
697, 637
744, 383
736, 248
915, 593
15 038
759, 737
6,434
6,337
5,257
5,160
4,259
4,172
3,307
3,224
2,745
2,675
15,454
15,387
12, 778
1,795
814
15, 079
15, 021
10, 095
3,977
949
14,354
14, 303
6,401
6,644
1,258
13, 410
13, 461
4,534
7,437
1,439
11,768
11,637
29, 905
13, 892
14, 447
29, 350
14, 076
15,155
28, 200
15, 627
16, 757
27, 068
176
1,413
5,716
10 786
14, 108
15, 034
26, 140
COTTON
Cotton (exclusive of linters) :
Production:
Ginnings$
thous of running bales
Crop estimate, equivalent 500-lb. bales
thous of bales
Consumption^
.
bales. _
Stocks in the United States, end of month,
total!
thous. of bales_ Domestic cotton, total
do
On farms and in transit
do__
Public storage and compresses
do
Consuming establishments
_
do
Foreicn cotton, total
do
r
731, 137
671, 803
923, 219
769, 641
12, 290
12, 199
4,916
5,886
1,397
10, 638
10, 551
3,371
5, 644
1,536
9, 057
8,978
2,418
4,920
1,639
7,577
7,476
1,442
4,394
1,640
92
87
80
101
970
3,773
1,594
97
13 988
4
638
2,992
1,530
97
412
2,380
1,381
86
253
1,782
1,189
83
220
1,457
998
2
3
Revised.
1 Specification changed; earlier data not strictly comparable.
Total ginnings of 1951 crop.
Ginnings to December 13.
{Revisions for January-July 1951 will be shown later.
fRevised series. Data beginning 1947 will be shown later.
cf Includes laminated board, reported as component board.
§Total ginnings to end of month indicated.
^Data for January, April, July, and October 1952 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
3
70
66
58
51
* December 1 estimate of 1952 crop.
51
SURVEY OF CURRENT BUSINESS
January 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
S-39
December
January
February
March
April
May
June
August
July
September
October
November
TEXTILE PRODUCTS—Continued
COTTON —Continued
Cotton (exclusive of linters) — Continued
Exports
bales
Imports
do
Prices received by farmers
cents
per
lb_ _
1
Prices, wholesale, middling, Y\§", average, 10
markets
cents per Ib
Cotton linters:t
Consumption
. thous. of bales
Production
„_ _ _
do
Stocks, end of month
do_ _
COTTON
803. 580
1,046
41.0
979, 762
2 214
40.3
41.5
T
127
247
460
r
676, 299
15, 453
r
2 38. 5
587, 763
35, 470
r
2 36. 9
42.2
41.8
40.6
117
205
538
118
221
620
120
174
629
r
334, 248
1.449
r 2
36. 8
316, 461
373
r
2 36. 0
264, 418
4. 367
40.8
40.7
38.6
108
140
655
98
99
630
2,381
73, 609
1,434
26. 61
42.7
16. 5
18.0
419, 104
1, 652
' 2 36. 0
48,114
6, 865
2 37. 0
106. 853
7.797
240, 501
10. 909
r 2 37. 9
r 2 39. 1
40.4
39.4
39.4
38.9
36.7
34.8
97
70
560
99
46
541
80
36
532
95
46
528
88
168
578
108
250
706
109
233
837
59, 942
1,643
63, 442
1,295
2 264
54, 136
1,251
54, 291
2, 532
65, 315
1.529
2 323
61, 830
3, 976
70. 340
6, 433
25. 83
42.7
16.4
17.3
26.17
42.7
16.0
16.5
24.40
40.7
16.8
16.5
27.09
40.7
17.4
17.0
28.89
40.7
18.4
17.5
31.13
40.7
19.3
17.8
33. 98
40.7
19. 3
17.8
r
r
2
38. 0
r
295, 528
7. 735
' 2 36. 8
234.1
MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production, quarterlycf--.mil. of linear yards _ _
Exports
thous. of sq. yd._ "~64,~l27~
1,690
Imports
do
Prices, wholesale:
28. 72
Mill margins
cents per Ib
41.6
Denim, 28-inch*
_ _ _ _ _ _ _ cents p e r y d
Print cloth, 39-inch, 68 x 72*
do
17.8
19.3
Shooting, in gray, 40-inch, 48 x 44-48*
do
Cotton yarn , natural stock, on cones or tubes :
Prices, wholesale, f. o. b. mill:*
20/2 carded weaving
dol. per Ib
36/2, combed knitting
do
Spindle activity (cotton system spindles) :f
Active spindles, last working day, t o t a l _ _ _ t h o u s _ _
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total-mil, of hr_.
Average per working day
do
Consuming 100 percent cotton
_
do
Operations as percent of capacity __
2, 319
77, 431 ""62," 133" ~" 72," 283"
1,884
1,999
1,846
29. 95
42.7
18.1
19.8
28. 45
42.7
17.0
18.8
29.04
42.7
17.8
19.4
.784
1. 069
. 755
1.035
.738
1.019
.730
.991
.727
1.006
.733
1.022
.742
1. 045
.767
1. 080
21, 758
20, 519
9, 050
464
8,486
125.4
21,516
20, 264
8, 336
439
7,823
118.4
21. 360
20', 102
11,399
465
10, 686
125.8
21. 126
19, 854
9, 265
471
8,696
127. 3
21. 159
19', 885
9. 040
452
8,478
122. 3
20.910
19,613
10, 607
424
9.948
114.5
20, 834
19, 513
8,110
416
7, 532
112.0
20, 770
19,453
8,700
435
8,102
117.3
21, 325
19,948
9,112
380
8, 501
102. 2
21, 398
20, 000
9, 516
476
8.870
128.1
21,432
20, 041
9,768
501
9,134
135. 1
56.9
27.0
57.5
23.9
63.0
27.3
57.8
23.6
19! 9
57. 6
21.6
66.9
24.1
75.2
27.2
83.1
26.9
84.7
28.1
81.0
26.7
84.2
10.7
5, 149
91.3
15.2
5,946
97.5
15.2
8,011
99.3
15.7
9,509
101.7
18.0
11,175
99. 1
18.9
7,128
90.0
17.8
3, 864
/8. 8
15.2
3,902
65. 1
15.9
3, 995
57. 7
15.0
5, 960
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
r
. 762
1. 082
34. 1*S
40. 7
" i s. :-;
1 7. S
p. 745
v I . 076
21,612
20,215
12,341
499
11,525
134. 8
2!. 5S3
20. 180
9. 870
50' i
9. 219
137.0
'75.0
24. 1
73. 1
26. 6
54.8
15. 6
5, 010
' 58. 3
' 17. 9
3,872
59. 0
16.0
.780
.400
.780
.400
. 7SO
. 400
RAYON AND ACETATE AND MFRS.
Filament yarn and staple (incl. tow):
Shipments, domestic, producers':
Filament yarn
mil. of Ib
Staple (incl. tow)
do
Stocks, producers', end of month:
Filament yarn
do
Staple (incl. tow)
_
-_ _ _ d o
Imports
thous. of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. per Ib
Staple fiber, viscose, 1^ denier
do
Rayon and acetate broad-woven goods, production,
quarterly c?
thous. of linear yards _ _
418, 931
445, 562
r
' 406, 372
r
460, 583
SILK
Silk, raw:
Import^
thous. of Ib
Price, wholesale, white, Japanese, 20/22 denier,
87% (AA), f. o. b. warehouse?
dol. per lb__
708
848
1, 524
1, 205
975
4.68
4.78
4.82
4.97
4.91
25, 472
6, 652
19, 365
25, 200
7,044
26, 342
29, 330
11, 005
28, 493
24, 756
9,720
27, 432
23,924
9,252
28, 519
i 1. 962
1 1. 850
1
1
1
1.762
.740
1 1. 750
1 1. 650
130
1,787
10
96
41
705
861
1, 275
967
893
1, 363
1,071
4.89
4.90
4.95
5. 23
5. 43
5. 43
5. 47
30, 020
11,020
34, 347
25, 472
8,072
30, 633
27, 284
5, 644
24, 824
31, 350
6,380
31,013
30, 432
9,044
26, 979
1
1.580
* 1. 594
1 1. 600
1.627
i 1. 660
1. 596
1. 665
.598
.585
.585
.594
.605
.590
.620
i 1.425
i 1. 535
••166
1,811
19
169
1,894
18
134
52
138
54
75, 293
86, 475
r
155
74, 970
86, 973
154
57, 832
7,608
38, 016
' 12, 208
72, 190
8,970
47, 700
15, 520
» 5. 43
WOOL
Consumption (scoured basis) :§
Apparel class
_ _
thous. of Ib
Carpet class
do
Imports, clean weightA
_. ._
_ do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured. _dol. per l b _ _
Raw, bright fleece, 56s, 58s, greasy, 47 percent
shrinkage
dol. per Ib
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol. per Ib
1.820
1.644
1.600
.644
.638
1. 725
1 1. 562
i 1. 375
1.375
1.425
1 1. 425
1.425
i 1. 425
129
1,763
13
130
1,745
14
139
1,735
18
147
1,592
19
136
1,534
13
145
1,647
16
145
1,743
20
130
1,528
19
163
1,727
20
100
46
112
47
126
50
128
51
117
48
114
51
73
40
56
27
113
46
.722
1
T
30, 872
10, 548
28, 118
1
38, 065
12, 945
64, 994 |
1. 725
. 650
i 1.625
WOOL MANUFACTURES
Machinery activity (weekly average):!
Looms :O
Woolen and worsted:
Pile and Jacquard__ -thous. of active hours. _
Broad _ -_ _ _ . . . _
_ . _ _
do
Narrow
__
_ _ _ _ _
_
do
Carpet arid rug:
Broad
_
do
Narrow
do
Spinning spindles:
Woolen
do
Worsted 0
_
_ _
do
Worsted combs
_ do__
Wool yarn:
Production, total§©
thous. of Ib
Knitting §
do
Weaving§
_
_ . _ _ _ _ _ _ _ _ do__
Carpet and othcr§
do
Price, wholesale, worsted yarn (Bradford
machine knitting system) 2/20s* dol. per lb__
72, 835
76, 698
120
70, 034
72, 078
119
70, 037
68, 175
110
73, 268
74, 786
121
67, 953
72, 644
119
63, 457
71,007
120
67, 772
70, 404
120
69, 696
78, 524
131
61, 138
68, 504
120
73, 806
83, 377
149
50, 812
5,400
36, 460
8,952
48, 372
4,576
35, 008
8,788
60, 710
6. 150
40, 305
14, 255
53, 472
6,092
35, 768
11, 612
50, 984
5, 356
34, 056
11, 572
60,115
6.705
40, 290
13, 120
51, 056
6,036
34, 204
10, 816
50, 205
6, 563
36, 844
6,798
54, 200
7,455
39, 585
7,160
55. 340
7,960
37. 208
10, 172
r
r
r
r
r
2.410
2.098
2.389
2.286
2.219
2.128
2.453
2.146
2.164
2.134
2.110
«• 2. 122
f 2. 122
1
2 Data for Ameri can uplanc ; com para 3le DecemlDer 1951 pr ce, 40.2 cerits.
Revised.
*> Preliminary.
Nominal price
IData for January, April, July, and October 1952 cover 5-wc ?k periods ind for oth er months, 4 weeks; st ock data aiid number of active s pindles are for end of i period cove red.
o"Begmning 1951, production of broad-woven goc ds is classi Eied accord ng to princ ipal fiber content- prc duction of fabrics con taining 25. 3-49.9 perce nt wool an d rayon an d cotton fiibrics pro-
r
V O U US H LU. IAJ U. bUiUiS.
nes. uata
J-^fctta. oegmning
Ut!g
January iyou win oe snown later.
later.
§Data for January,
ry, April, July, and October 1952 cover 5-week periods; other months, 4 weeks.
Almports of unmar-*—-—-»
nanufactured ~
wool converted to a clean-weight basis; imports were formerly shown in actual weight, i. e., in the condition received.
©Beginning
Beginning 1951
1951, looms weaving fabrics principally wool by weight.
>ce note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
November
January 1953
December
January
e
April
™~ j March
1
May
June
July
Augjust
Se
^rm~
Oct
ober
N
°bVeerm"
TEXTILE PRODUCTS— Continued
WOOL MANUFACTURES— Continued
Woolen and worsted woven goods, except woven
felts :t
Production quarterly total
thous oflin vd
Apparel fabrics total
do
Government orders
-- do
Other than Government orders total do
A! en's arid boys'
do
Women's and children's
do
Noriapparel fabrics total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, f. o. b.// mill:
Suitina: °"abardine 56 /58'/*
dol. per yd
Women's dress goods, flannel, 8 oz., 54-inch
dol per yd
91 325
78, 029
32, 037
45, 992
18 667
27 325
13, 296
8 435
4,861
3.713
3.713
87, 185
75, 687
23, 533
52, 154
25 111
27, 043
11, 498
6, 536
4,962
3.713
3.713
82, 742
71, 466
17, 241
54, 225
27 390
26, 835
11, 276
5 572
5, 704
i 3. 696
3.696
3.696
88 370
78, 419
14, 828
63 591
27 007
36 584
9,951
5 549
4,402
1
3. 731
3.731
i 3. 742
3.742
3.742
2.722
TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft, shipments
Exports J
162
62
number
do
291
149
330
115
335
112
353
67
349
76
337
57
293
96
529, 585
482, 973
435, 216
380, 650 375, 410
625
597
569
845
778
507
755
525
499
746
292, 799 r 273, 122 "• 333, 224 r 372, 440 rr415,357
396,
393
'
352,
064
284, 323 '258,158 ••315,012
87, 006 ' T101,510 r 101,367 r r109, 964 '113,631
r
98, 110
92, 614
70, 834
85, 493 r 85, 157
503, 917
518, 710
211, 782
270, 982
604, 261
519, 536
471, 808
459. 958
132, 064
116, 449
405, 111
394, 313
114, 106
102, 504
152
69
224
42
227
212
248
73
MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks, total
Domestic
_ _
Exports, total |
Passenger carst
Trucks and busses t
numberdo
_ do
do
do
_ -do
do
Registrations:
New passenger cars
New commercial cars
_ _ _
450, 268
833
710
r
356, 590
T
346,
138
r
92, 845
r
75, 418
r
r
r
423
329
484
382
397, 486 ' 407, 962
380, 952 r 392, 471
106, 008 r T110, 264
r
94, 962
90, 983
168, 327
161, 862
43, 231
36, 231
218, 577
211, 140
52, 056
45, 204
551,159
387
330
438, 397
425, 266
112,375
99, 375
224
220
349
271
389
260
319
244
35, 173
14 606
20 591
31, 806
10 468
21 434
22, 100
9 205
12 895
31, 614
14, 272
17 342
33, 808
16, 280
17 528
32, 772
17, 633
15 139
32, 759
18, 007
14 752
28, 598
13, 396
15 202
22, 784
10, 813
11 971
14, 049
7,026
7,023
20, 089
10, 564
9 525
do
do . _
- do .
-do
do _
4,704
4,441
1,853
2,588
263
4,634
4,366
1,859
2,507
268
5,013
4,657
1,950
2,707
313
4,655
4, 416
1,873
2, 543
219
5,124
4,733
1,994
2, 739
364
5,298
4,833
1, 963
2,870
369
5, 163
4,602
1, 854
2,748
335
4,029
3, 681
1,219
2,462
292
3,673
3,369
1,281
2,088
263
4,471
4,108
1,897
2,211
230
4,887
4,552
2, 280
2,272
242
5, 465
5,149
2.708
2,441
260
4,907
4,609
2,464
2, 145
250
_ _ do _ _
do
332, 099
76, 517
310, 084
62, 596
301, 379
59, 661
295, 479
59, 285
322, 857
63,364
374, 288
73, 461
422, 217
71, 690
423, 655
71, 471
340, 454
72, 134
215, 668
57, 786
318, 870
65, 381
383, 385
77, 486
360, 256
76, 517
9,845
6,336
6, 315
3,509
45
45
18
0
8,470
5, 690
5,678
2,780
25
25
14
0
8,643
6,082
6,082
2,561
8
8
8
0
7,383
5,494
5,494
1.889
21
21
10
0
8,161
5.840
5,838
2,321
7,263
5,171
4,765
2,092
2
2
2
0
6, 539
4,976
4,848
1,563
13
13
13
0
5,658
4,116
3,860
1,542
8
8
8
0
4,674
2,990
2,853
1,684
5
5
5
0
3,935
2,052
1,879
1, 883
13
13
13
0
5,577
3,103
2, 963
2,474
4
4
4
0
7,433
5.234
5,204
2,199
12
12
12
0
11
11
11
0
6,098
4,201
4,032
1,897
11
11
11
0
1,748
1,752
1,755
1,758
1,761
1,761
1,763
1,764
1,763
1,759
1,757
1,755
1,756
84
4.8
110,325
70, 914
39,411
90
5.2
104, 831
67, 973
36, 858
87
5.0
98, 566
63, 482
35, 084
87
5.0
93, 605
60, 107
33, 498
89
5.1
91, 056
58, 234
32, 822
93
5.3
89,917
54, 810
35, 107
96
5.5
84, 341
51, 198
33, 143
101
5.7
77, 984
46, 409
31, 575
107
6.1
76, 870
45, 094
31, 776
102
5.8
75, 684
43, 144
32, 540
98
5.6
73, 609
42, 171
31, 438
89
5.1
74, 728
41, 381
33, 347
90
5.2
72. 400
40, 355
32, 045
2,901
13.3
2,718
12.8
2,643
12.7
2.701
13.3
2,480
12.6
2,502
13.0
2,237
12.1
2,170
12.0
2,131
12.0
2,217
12.7
2,125
12.5
2,015
12.1 j
1,939
11.9
20
0
20
1,789
1,789
0
19
0
19
1,720
1, 720
0
18
0
18
17
0
17
16
0
16
30
0
30
28
0
28
26
0
26
25
0
25
1,573
1,573
1,441
1,441
1, 463
1,463
1,347
1,347
1,156
1,156
1,186
1,186
21
0
21
841
841
0
19
0 1
19 1
864
864
0
17
1,594
1,594
23
0
23
976
976
0
65
3
62
37
1
36
73
37
56
59
39
59
54
52
43
49
728
652
76
673
581
92
658
607
51
681
611
70
702
646
56
643
598
45
652
617
35
648
554
94
394
369
25
564
528
36
516
488
28
588
549
39
do
do
do
Truck trailers, production, total
Complete trailers
Vans
-All other
Trailer chassis
r
22, 005 .....
9,410
12 595
RAILWAY EQUIPMENT
American Railway Car Institute:
ShipmentsFreight cars, total
number
Equipment manufacturers, total _ _
do
Domestic
do
Railroad shops, domestic --_
_ _ _ do
Passenger cars, total
do
Equipment manufacturers, total do _ _
Domestic
do
Railroad shops, domestic
do _
Association of American Railroads:
Freight cars (class I), end of month :§
Number owned
thousands
Undergoing or awaiting classified repairs
thousands- Percent of total ownership
Orders, unfilled
_
number .
Equipment manufacturers
do
Railroad shops_ _ _
_
__
do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
number-.
Percent o f total o n line
_ _ _ _ . Orders, unfilled:
Steam locomotives, total
number
Equipment manufacturers
- do _ _
Railroad shops
do
Other locomotives, total
_ _ __ _ do
Equipment manufacturers
do
Railroad shops
do
Exports of locomotives total
Steam
Other
do
do
do
0
0
0
0
0
0
0
0
17
777
777
0
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments, total _
Domestic
Export
_ _ _ _ _ _
_ number. _
do
do
622
585
37
r
J
Revised.
* Preliminary.
Specification changed; earlier data not strictly comparable.
jRevised series. Beginning with data for 1951, the Bureau of the Census reports for woolen and worsted woven fabrics refer to goods which are principally wool by weight (i. e., exclude
fabrics containing 25-49.9 percent wool previously included).
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. More complete specifications are: Worsted suiting, women's and children's gabardine, 10J._-12^oz./yd.
Monthly data for 1950 will be shown later.
J Data through December 1951 for total exports and trucks and busses exclude military-type exports not shown separately for security reasons; thereafter the figures, including those for
passenger cars, exclude all military-type exports.
§Not including railroad-owned private refrigerator cars.
U . S . G O V E R N M E N T P R I N T I N G O F F I C E : 19S3
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Abrasive paper and cloth (coated)
38
Acids
24
Advertising
,__
7,8
Agricultural employment
10
Agricultural loans and foreign trade
15, 21, 22
Aircraft
.
11,12,13,14,40
Airline operations
22
Alcohol, denatured and ethyl
24
Alcoholic beverages
2,6,8,27
Aluminum _ _ _ ,
33
Animal fats, greases, and oils
25
Anthracite2,5,11,13,14,15,34
Apparel, wearing
3,4,5,6,8,9,11,12,14,15,38
Asphalt and asphalt products
36
Automobiles
2,3,7,8,9,11,12,13,14,16,18,21
Balance of payments
20
Banking
15,16
Barley
28
Barrels and drums
32
Battery shipments
—
34
Beef and veal
29
Beverages
2,3,4,6,8,11,12,14,27
Bituminous coal
2,5,11,13,14,15,34,35
Blast furnaces, steel works, etc
11,12,13,14
Blowers and fans
34
Boilers___._.
33, 34
Bonds, issues, prices, sales, yields
19
Book publication
37
Brass
33
Brick
38
Brokers' loans and balances
16,19
Building costs
7
Building and construction materials
7,8,9
Business sales and inventories
,3
Businesses operating and business turn-over._
4
Butter
27
Cans, metal
33
Carloadings
22,23
Cattle and calves
29
Cement and concrete products
2,6,38
Cereals and bakery products
5,11,12,14
Chain-store sales (11 stores and over, only)___
9
Cheese
27
Chemicals
2,3,4,5,12,14,15,18,21,24
Cigars and cigarettes
6,30
Civilian employees, Federal
12
Clay products (see also Stone, clay, etc.)
2,6,38
Closures and crowns
33
Clothing (see also Apparel)
5,38
Coal
2,5,11,13,14,15,21,22,23,34,35
Cocoa
22,29
Coffee _
__
22,29
Coke
2,22,23,35
Commercial and industrial failures
4
Communications
11,13,14,15,18,19, 20, 23
Confectionery, sales
29
Construction:
Contracts awarded
6
Costs
7
Dwelling units
7
Employment, earnings, hours, wage rates _ _
11,
12,13,14,15
Highway
6,7,12
New construction, dollar value
6
Consumer credit
16
Consumer expenditures
1,8
Consumers' price index
5
Copper
22,33
Copra and coconut oil
25
Corn
19,28
Cost-of-living index (see Consumers' price
index)
5
Cotton, raw and manufactures
2,5,6,21,38,39
Cottonseed, cake and meal, oil
25
Crops
2,5,25,27,28,30,38
Currency in circulation
18
Dairy products
2,5,11,12,14,27
Debits, bank
15
Debt, short-term, consumer
16
Debt, United States Government
17
Department stores
8,9,10,16
Deposits, bank
15,16,18
Disputes, industrial_ _ ,
13
Distilled spirits
27
Dividend payments and rates
1,18, 20
Drug-store sales
8,9
Dwelling units
7
Earnings, weekly and hourly
13,14,15
Eggs and poultry
2,5, 29
Electric power
,- 5,26
Electrical machinery and equipment
3,
4,5,7,11,12,13,14,21,34
Employment estimates and indexes
10,11,12
Employment Service activities
13
Emigration and immigration
23
Engineering construction
6
Expenditures, United States Government
16
Explosives
25
Exports (see also individual commodities)
20,21
Express operations
22
Failures, industrial and commercial
4
Farm income, marketings, and prices
2, 5
Farm wages
15
Fats and oils, greases
5, 25, 26
Federal Government
finance
16,17
Federal Reserve banks, condition of
15
Federal Reserve reporting member banks
16
Fertilizers
5,24
Fiber products
34
Fire losses
7
Fish oils and
fish
25,29
Flaxseed
25
Flooring
31,32
Pages marked S
Flour, wheat
28
Food products
2,
3,4,5,7,8,9,11,12,14,18,27,28,29,30
Foreclosures, real estate
.
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21,22
Foundry equipment
34
Freight carloadings
22,23
Freight cars (equipment)
„
40
Freight-car surplus and shortage
23
Fruits and vegetables
2,5,21,27
Fuel oil
35
Fuels
2,5,34,35
Furs
22
Furnaces
34
Furniture
2,3,5,8,9,11,12,13,14,16
Gas, prices, customers, sales, revenues
5,26
Gasoline
2,7,8,9,36
Glass products (see also Stone, clay, etc.)
2,38
Generators and motors
34
Glycerin
24
Gold
18
Grains and products
5,19,21,22,23,28
Grocery stores
8,9
Gross national product
1
Gypsum and products
6,38
Heating apparatus.
6,11,12,13,14,33,34
Hides and skins
5,22,30
Highways and roads___
6,7,12,15
Hogs
_.
29
Home Loan banks, loans outstanding
7
Home mortgages
7
Hosiery
38
Hotels
11,13,14,15,23
Hours of work per week
12,13
Housefurnishings
5,8,9
Household appliances and radios
5,8,9,16,34
Immigration and emigration
23
Imports (see also individual commodities). 20,21,22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
16
Instalment sales, department stores
10
Insulating materials
34
Insurance, life
17,18
Interest and money rates
16
International transactions of the U. S
20, 21, 22
Inventories, manufacturers' and trade
3,4,9,10
Iron and steel, crude and manufactures
2,
6,21,32,33
Jewelry stores, sales, inventories
8,9
Kerosene
35
Labor disputes, turn-over
13
Labor force
10
Lamb and mutton
29
Lard
29
Lead
33
Leather and products
2,3,4,5,12,14,15,30,31
Linseed oil
25
Livestock
2,5,22,23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
7,15,16,17,19
Locomotives
40
Looms, woolen, activity
39
Lubricants
35
Lumber and products
2,
3,5,8,9,11,12,13,14,31,32
Machine activity, cotton, wool
39
Machine tools
:
34
Machinery.
2,3,4,5,11,12,13,14,18,21,34
Magazine advertising
8
Mail-order houses, sales
8,9,10
Manufacturers' sales, inventories, orders
3,4
Manufacturing production indexes
2,3
Manufacturing production workers, employment, payrolls, hours, wages
11,12,13,14,15
Meats and meatpacking
2,5,11,12,14,29
Metals
2,3,4,6,11,12,13,14,15,18,32,33
Methanol
,_.
24
Milk
Z_.
27
Minerals and mining
2,3,11,13,14,15,20
Monetary statistics
18
Money orders
8
Money supply
18
Mortgage loans
7,15,16,17
Motor fuel
36
Motor vehicles
3,5,8,9,40
Motors, electrical
34
National income and product
1
National parks, visitors
23
Newspaper advertising
8
Newsprint
22,37
New York Stock Exchange, selected data
19,20
Nonferrous metals
2,6,11,12,13,14,22,33
Oats
28
Oil burners
34
Oils and fats, greases
5,25,26
Oleomargarine
26
Operating businesses and business turn-over..
4
Orders, new and unfilled, manufacturers'
4
Paint and paint materials
5,26
Panama Canal traffic
.
*
23
Paper and pulp
2 , 3 , 4 , 6,11,12,14,15, 22,36,37
Paper and products... 2,3,4,6,11,12,14,15,36,37
Passports issued
23
Payrolls, indexes
12
Personal consumption expenditures
1,8
Personal income
....
1
Pages marked S
Personal saving and disposable income. ______ 1
Petroleum and products ..... . ...... - ..... _,,.
2,
3,4, 5, 11, 12, 13, 14, 15, 21, 22,35,36
Pigiron
.............
_ ........... ________ ...
32
Plant and equipment expenditures __________ 1
Plastics, synthetic, and resin materials .......
26
Plywood________.______________________.. ,31
Population ---------------------------- ...
10
Pork
........................
. ....... ._,..
29
Postal savings______________.________......
16
Poultry and eggs .......... . ....... ------- 2,5,29
Prices (see also individual commodities):
Consumers' price index____________......
5
Received and paid by farmers_______1....
5
Retail price indexes_______________.___..
5
Wholesale price indexes_________________.
5,6
Printing and publishing..... 2, 3, 4, 11, 12, 14, 15,37
Profits, corporation. _______________________ 1,18
Public utilities... 1,6, 11, 13, 14, 15, 17, 18, 19, 20, 26
Pullman Company ________________ _ ______ _
23
Pulpwood ----- ._________-----------. ------- 36
Pumps_________________________________._
34
Purchasing power of the dollar______.___....
6
Radio and television .......... ........ ____ 5,7,34
Railroads, employment, wages, financial statistics, operations, equipment _____________ 11,
12, 13, 14, 15, 17, 18, 19, 20, 22, 23, 40
Railways (local) and bus lines ____ ... _ 11, 13, 14, 15
Rayon and rayon manufactures__________:.__ 2, 39
Real estate ........ . _______ .......... 7,16,17,19
Receipts, United States Government ______ ._
16
Reconstruction Finance Corporation, loans ___ 17
Refrigerators, electrical __________ __________ 34
Rents (housing), index __________________ ___ 5
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores ...... 3,4,8,9,10,11,13,14,15
Rice__._ ..... __ ........... !_._! ..... __1.
28
Roofing and siding, asphalt_______________..
36
Rosin and turpentine ______________________ 24
Rubber, natural, synthetic, and reclaimed,
tires and tubes_________________________6,22,37
Rubber products industry, production index,
sales, inventories, employment, payrolls,
hours, earnings ____ ............ 2,3,4,12,14,15
Rural sales _______________________________ 10
Rye
.....................................
28
Saving, personal__________________________I
Savings deposits __________________________ 16
Securities issued__________________________18,19
Services
_____
...................
4,8,11,13,14,15
Sewer pipe, clay ____ _ _________________ ____ 38
Sheep and lambs __________________________ 29
Ship and boat building... ......... ..„ 11, 12, 13, 14
Shoes and other footwear. ...... 2 , 8, 9, 12, 14, 15, 31
Shortenings ____ , ________________________ ._
26
Silk, imports, prices_______________________6,39
Silver ..... ...... _____ ................. ...
18
Soybeans and soybean oil__________________ _
25
Spindle activity, cotton, wool. ______________ 39
Steel ingots and steel manufactures (see ajso
Iron and steel)._________________________32,33
Steel scrap_______________________________.
32
Stocks, department stores (see also Inventories),_____....._ _ . . ....... _ ..... .......
10
Stocks, dividends, listings, prices, sales, yields.
20
Stokers, mechanical _______________________ 34
Stone, clay, and glass products ----- —
-----2,
3,11,12,13,14,38
Stoves-..________________________________34
Sugar__________________ ________ ..... .; ____ 22,30
Sulfur ..... . ............... .. ......... ...
25
Sulfuric acid..
............................
24
Superphosphate -------- ....-----------. —
24
Tea..
.............................
. ..... 30
Telephone, telegraph, cable, and radio-tele*
graph carriers ...... .._ 11, 13, 14, 15, 18, 19, 20, 23
Textiles ........ 2,3,4, 6, 11, 12, 14, 15, 21,38,39, 40
Tile
.....................................
38
Tin
.................
_ ....... _______ ...... 22,33
Tires and inner tubes ....... _______ 6,12,14,15,37
Tobacco ...... ... 2,3,4,5,6,8,11,12,14,15,21,30
Tools, machine ___________________________ 34
Trade, retail and wholesale. 3, 4, 8, 9, 10, 11, 13, 14, 15
Transit lines, local __________ _ _____________ 22
Transportation, commodity and passenger.... 22, 23
Transportation equipment... 2, 3, 4, 11 , 12, 13, 14, 40
Travel ________________ ..... ____ ..... _____ 23
Truck trailers_______^ _____________________ 40
Trucks
...................................
40
Turpentine and rosin __________________ ____ r' 24
Unemployment and unemployment compensation. ............. _ ..... . .......... ..... 10,13
United States Government bonds ...... 16, 17, 18, 19
United States Government finance ______ : _____ 16, 17
Utilities ....... 1, 5, 6, 11, 13, 14, 15, 17, 18, 19, 20, 26
Vacuum cleaners ----- _________ ---- -------- 34
Variety stores -------------- ..... ---- . ---- 8,9
Vegetable oils ......... —
..................
25, 26
Vegetables and fruits
..................
2,5,21,27
Vessels cleared in foreign trade____________..
23
Veterans' unemployment allowances________. 13
Wages, factory and miscellaneous -------- 13, 14, 15
Washers
.................................
34
Water heaters___......________________...
34
Wax
.........................
........ ____ 36
Wheat and wheatflour_________________... 19,28
Wholesale price indexes______.____________.
5,6
Wholesale trade
..............
3,4,10,11,13,14,15
Wood pulp ....... __________ ...... -------- 36
Wool and wool manufactures____. ___ 2,6,22,39,40
Zinc.
33
erne
CHAPTEB 1. BUSINESS LOOKS AHEAD
CHAPTEB 2. THE ECONOMY IN TRANSITION
CHAPTER 3. THE OUTLOOK FOR GOVERNMENT PURCHASING
CHAP-EBB 4. BUSINESS INTENTIONS TO INVEST
CHAPTER 6. THE CONSUMER MARKET
CHAPTER 6. PROSPECTS FOR FOREIGN TRADE
' CHAPTEB 7. GROWTH OF THE AMERICAN ECONOMY
CHAPTER 8. THE PROBLEM OF BUSINESS FLUCTUATIONS^
CHAPTER 9. A HIGH-LEVEL MARKET PATTERN
CHAPTER 10. MARKET ANALYSIS BY BUSINESS
TECHNICAL FOOTNOTES
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