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JANUARY 1961
survey of
CURRENT
BUSINESS
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY OF CURRENT BUSINESS
VOL. 41, NO. I
JANUARY 1961
U.S. Department of Commerce
Frederick H. Mueller,
Secretary
Office of Business Economics
M. Joseph Meehan,
Director
if
Contents
if
if
Louis J, Paradise
Managing Director
BUSINESS REVIEW
K. Celeste Stokes
Statistics Editor
PAGE
Summary.
I
Billy Jo Dawkins
Graphics
3
STAFF CONTRIBUTORS
TO THIS ISSUE
Recent Price Developments
Mixed Tendencies At Wholesale—Living Costs Inch Upward.
Inventory Reduction Underway . . . . . . . . . . . .
4
*
Business Review and Features:
Francis L. Hirt
Commodity Transportation
Geiievieve Wimsatt
Murray F. Foss
Competition Among Carriers...,
Record National Income in I960—
Transportation :
Advance Checked After Midyear.
L. Jay Atkinson
Cecelia W. Craig
Na tional Income :
Robert B. Bretzfelder
ARTICLE
Developments in the Consumer Market« .
Article:
13
Louis J. Paradiso
Mabel A. Smith
Consumer b u y i n g higher in I960
Postwar a n n u a l g r o w t h In real consumption was 3J/2 percent
Anne Novick Probst
Most service groups increasing In importance
Wauneta P. Dale
MONTHLY BUSINESS STATISTICS
Genera!
...... S1-S24
Industry
........
Subject Index
.
. S24-S40
* . . Inside Back Cover
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U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., U.S. Courthouse.
OHapol 7-0311.
Atlanta 3, Ga., 604 Volunteer Bldg., 66 Luckie St., N.W.
JAckson 2-4121.
Boston 9, Mass., U.S. Post Office and Courthouse Bldg.
CApitoI 3-2312.
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TL 3-4216.
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End Broad St. KAymond 2-7771.
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Capitol Ave. 634-2731.
Chicago 6, III., Room 1302, 226 W. Jackson Blvd.
A Ndover 3-3600.
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Fourth St. I)Unbar 1-2200.
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St. and Superior Ave. CHerry 1-7900.
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BRoadway 3-8234.
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CApitoI 2-7201.
Jacksonville 1, F!a., 425 Federal Bldg. ELgin 4-7HL
Kansas City 6, Mo., Room 2011, 911 Walnut St. BAItimore 1-7000.
Los Angeles 15, Calif., Room 450, 1031 S. Broadway.
Richmond 9-4711.
Memphis 3, Tenn., 212 Falls Bldg, JAckson 6-3426.
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Minneapolis 1, Minn., 319 Metropolitan Bldg, FEderal
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New York 1, N.Y., Empire State Bldg. LOngacre 3-3877.
Philadelphia 7, Pa«, Jefferson Bldg,, 1015 Chestnut St.
WAlnut 3-2400.
Phoenix, Ariz., 137 N. Second Ave. ALpine 8-5851.
Pittsburgh 22, Pa., 107 Sixth St. GRant 1-5370.
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C A pital 6-3361.
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Richmond 19, Va., Room 309 Parcel Post Bldg. Milton
4-9471.
St. Louis 1, Mo., 910 New Federal Bldg. MAin 1-8100.
Salt Lake City 1, Utah, 222 SW. Temple St. EMpire
4-2552.
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YUkon 6-3111.
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Mutual 2-3300.
By the
Office of Business Economics
BUSINESS activity declined in the Transfer payments at nearly a $31 billion in 1960 over 1959, with the nonclosing month of 1960 with the broad billion annual rate were again up.
manufacturing industries accounting for
indicators generally moving down,
For the year 1960, personal income of the major part of the rise; payroll disfollowing the mixed trends which had $404 billion reached a new top—up 5% bursements in manufacturing increased
characterized the economy in the pre- percent in dollars from 1959 and 4 per- by $3 billion.
ceding months. The most comprehen- cent in terms of real purchasing power.
sive of the business measures, personal Income from production was higher in Durable goods sales lower
income, was off in December as em- 1960, and there was an increase also in
Following a sharp rise in October,
ployment, seasonally adjusted, was transfer payments. Total wage and sparked by automobile buying with the
reduced. Industrial production also salary disbursements were up by $14 onset of the new models coinciding with
was lower. Retail sales, which had
been following an irregular pattern
BUSINESS TRENDS
in recent months, did not measure up
Dollars
Billion Dollars
to the usual sharp seasonal advance Billion
450
20
PERSONAL INCOME
RETAIL SALES
toward the year end. Severe weather
conditions over major areas of the
country affected December perform- 400
ances to some extent, but these did
not fully account for the month's 350
16
performance.
Business in December in the aggre- 300 Annual Rotes
14 li i i i i l i n i i l i i m l M i i i l n i i i l i i i i i l n i n l i i m l i i i n l j i n
gate was above the level of a year ago.
The year 1960 established new records
Million Persons
Index, 1947-49=100
140
60
in real income and in consumption;
PRICES
NONAGRICULTURAL EMPLOYMENT
mixed trends prevailed in investment,
which was influenced in part by an
130
adverse move in corporate profits,
and by inventory policies; and govern120
ment output of goods and services
again moved ahead.
,. H i l l , , ill. l l l l M m l l l l M l . . H i l l , m t l i m l . . H i l l
4 5 l i i i i i l i i i i l i n i i i l i i i i i l i i i n h in i I l l i n i u m l i u n l i
Income off in December—new record
for the year
Personal income in December
amounted to $406% billion, at an
annual rate—a reduction of about
$2K billion from November. It was
$13 billion higher than a year ago.
^he yearend reduction was due almost
entirely to a cut in nonfarm employment and in the average hours worked
per week, and was concentrated in the
commodity
producing
industries.
Billion Dollars
Billion Dollars
35 r
4O
MANUFACTURERS'
PLANT AND EQUIPMENT EXPENDITURES
30
New Orders
25
Quarterly - Annual Rotes
25
20
1957
1958
1959
I960
1961
i
i
1957
Monthly, Seasonally Adjusted
U. S. Department of Commerce, Office of Business Economics
,
i
i
i
1958
i
1
o Anticipated
.
',
1959
i
\
I960
1961
Doto.- BLS» SEC 3 OBE
GI-I-I
1' ' '
SUEVEY OF CURRENT BUSINESS
January 1961
number of workers on payrolls averaged contract construction, and transportaover 900,000 higher than in 1959.
tion. Public utilities and trade showed
Factory employment held relatively lesser changes. Continuing on the
steady in total through the first half of rise were finance, insurance, and service
1960 despite fairly sizable layoffs at industries, and State and local governiron and steel mills in the April-June ment agencies. These latter groups,
period. In the second half, however, along with trade, were also higher
employment declines accelerated as than in December 1959. The employsteel operations especially fell off, and ment changes by major industrial
reductions spread over a wider area of divisions are set forth in the accommanufacturing production.
panying table.
Employment cutbacks were subDecember brought a decline in the
stantial in the primary metals industry; factory workweek by a half hour to
employment reductions in the steel in- an average 38.5 hours, after seasonal
dustry began in the spring months and adjustment. Stormy weather was a
continued through the end of the year. factor in the reduced workweek.
In other durable goods industries, emThe average factory workweek has
ployment declines since July were also generally tended downward since the
sizable for nonelectrical machinery, clay high point reached at the start of the
and glass, and lumber products. A year. In December, it was 1.9 hours
notable exception was transportation below January, after seasonal adjustequipment but layoffs in auto plants ment, and about 1.8 hours below the
were spreading at yearend.
average for the year 1959.
Among nondurable manufacturing
industries, decreases were generally less Industrial output eases further
In December factory output conmarked with textiles, apparel, and
Record retail sales
rubber products showing reductions tinued to drift lower, with prevailing
Retail sales for 1960 as a whole above the average for the total group. supply-demand relationships being the
In nonmanufacturing industries, to- explanation for the more extensive shutamounted to $220 billion, up 2 percent
tal
employment tended lower from July downs during the Christmas holidays,
from 1959. Most of the rise occurred
through
December after advancing particularly in the important industries
in nondurable goods stores, which were
throughout
the first half of the year. such as steel and autos. Production
up 3K percent in contrast to a small
The
net
change
has been relatively rates in these two industries in the
drop in durable goods lines of trade.
small
for
the
aggregate,
and employ- final week of December were excepNew passenger car sales expanded subment
in
December
was
still
above a tionally low.
stantially from 1959 to 1960, but averIngot steel output of 5.8 million
year
earlier.
age* unit prices were lower primarily
Within
the
nonmanufacturing
industons
in December, brought the total
due to the enlarged output of compact
for
the
year to 99.3 million tons, comtries,
cross
currents
prevailed.
Sizable
cars, so that the dollar value of sales by
pared
with
93.4 in 1959.
percentage
declines
occurred
during
the
automobile dealers was little changed.
With
dealer
inventories of domestic
second
half
of
last
year
in
mining,
Furniture and household equipment
Table 1.—Employment in Nonagricultural Occupations
stores recorded a moderate drop in
sales from 1959.
the cleanup push on 1960 model stocks,
retail sales in November and December
moved lower after seasonal allowances.
Reversing the October shift, most of the
decline at retail was concentrated in
sales of durable goods which were
affected by some curtailment in car
purchases and a further softening in
sales of household equipment, particularly of appliances.
Compared with the corresponding
months of 1959, total retail sales in
November and December were 4 percent higher. The expansion in dollar
sales from a year ago was affected in
part by some further rise in retail
commodity prices, and the gain overall
in the volume of sales was less.
Department store sales started off
buoyantly in December, slowed down
during the week of heavy snows, and
then increased smartly, averaging for
the month as a whole 3 percent above
November and 1 percent higher than
December 1959.
Percent change
(In millions, adjusted for seasonal variation)
Employment decline
1960
1959
Employment in nonfarm occupations
Decem- Average
for year
in December, after seasonal adjustber
ment, declined, bringing the cumulative
52.0
52.7
reduction since July—after seasonal TOTAL
16.2
Manufacturing.. _ . . .
16.4
allowance—to 900,000, from 53.1 mil9.3
Durable goods industries
9.5
lion to 52.2 million. More than three6.9
Nondurable goods industries
6.9
fourths of the reduction since last
Nonmanufacturing
36.2
35.8
summer occurred in manufacturing.
Mining
.7
.7
2.8
Contract construction
2.8
The decrease in durables industries was
Transportation
2.6
2.6
Public Utilities
1.3
1.3
almost 5 percent and in nondurables
11.4
11.5
Wholesale and retail trade _
3^ percent.
2.4
2.5
Finance, insurance and real estate
6.5
6.6
Service and miscellaneous
At the yearend, total employment
8.3
8.1
Government
_
was about 1 percent less than the yearago figure. For the year as a whole the
Source: U.S. Department of Labor, Bureau of Labor Statistics.
June
1959-60
1959-60
December
Year
December
Average
for year
53.1
52.2
52.9
-.9
US
16.5
15.8
16.3
-3.9
1.1
9.5
7.0
9.0
6.8
9.4
6.9
-5.2
-2.0
1.5
.5
36.6
36.4
36.6
.5
2.1
.7
2.8
2.6
1.3
.6
2.6
2.5
1.3
.7
2.8
2.6
1.3
-4.1
-6.3
-3.8
.2
-1.9
0
11.7
2.5
6.6
11.6
2.5
6.7
11.7
2.5
6.6
.6
2.7
1.0
2,32.4
1.7
8.4
8.6
8.5
3.4
4.1
-f
SURVEY OF CURRENT BUSINESS
January 1061
cars built up to around 1 million units at
yearend, production schedules in Jannary have been programed at a rate well
below the average of the fourth quarter.
In the first week of January, steel
production recovered partially, returning to the pre-Christmas weekly tonnage, while motor vehicle assemblies, on
the other hand, were further curtailed,
a departure from the normal seasonal
pattern.
New business off
Lowered demand for final products
together with inventory liquidation and
uncertain prospects have been reflected
in curtailment of new orders placed
with manufacturers during recent
months.
Electrical machinery and transportation equipment companies accounted
for most of the October-November decline; these industries had benefited
most from the earlier rise in defense
ordering. Incoming business for non-
electrical machinery producers has been
relatively steady since midyear. New
orders received by primary metal producers were at their lowest point of the
year in the fourth quarter of 1960.
Preliminary indications are that the
flow of new orders to durable goods
manufacturers as a group was reduced
further in December.
Fourth-quarter summary
Summing up the fourth-quarter business picture, it may be noted: There
was a sizable recovery in personal consumption involving both goods and
services; private investment fell off,
primarily as a result of the reduction in
business inventories; and government
outlays continued to rise.
The national income side reflected a
slackening in manufacturing production; personal income held up at its
third-quarter peak, as gains and losses
in particular parts were approximately
offsetting.
Recent Price DevelopmentsMixed Tendencies at Wholesale—Living Costs Inch Upward
A RICE movements in recent months
have been mixed in wholesale markets,
while consumer prices have continued
to creep up.
In the industrial area, where demand
has been easing, and where current and
prospective supplies have been relatively large, prices have tended to
weaken. Agricultural prices, on the
other hand, due mainly to the supply
situation for certain livestock and products, have been moving up somewhat
irregularly since late 1959 after the
earlier decline.
Despite a reduction in prices of durable commodities, overall prices at retail
have shown a steady advance over the
year as a broad range of nondurable
goods and services have edged up.
Wholesale index steady
The index of wholesale prices of the
Bureau of Labor Statistics around year
end was some 20 percent above the
1947-49 average; since the spring of
1958 this index has shown only minor
departures from this average. From
Table 3.—Percent Change in Wholesale
Prices by Major Commodity Groups
Nov. 1958 Nov. 1959
to
to
Nov. 1959 Nov. 1960
All commodities
—0 3
0 6
Farm products and processed foods
Farm products _ _
. ._
Processed foods
-5.5
-7.3
-4.2
4. 5
5.3
4.6
1.3
3.4
-.5
AH commodities other than farm and
foods
- Textile products and apparel
Hides, skins, leather and leather
products
_
Fuel, power, and lighting materials
_ .
9.2
-2.9
-1.2
4.4
Chemicals and allied products
Rubber and rubber products
Lumber and wood products
Pulp, paper, and allied products. _
-.2
-1.5
3.6
.3
.3
-.6
-6.2
.€
Metals and metal products _
Machinery and motive products
Furniture and other household
durables
_
Nonmetallic minerals-structural.. .
1.8
1.6
-2.2
— .4
.5
.7
-.6
.}
2.3
2
—3 3
Tobacco products and bottled
beverages
_ _
Miscellaneous products
0
Source: Bureau of Labor Statistics, U.S. Department of
Labor.
quite widespread among commodity
groups. Competition at the present
time is keen, and is being reflected not
only in price reductions but also in a
lowering of producers' profit margins,
given existing cost conditions.
Lower industrial prices
Some idea of the mixed price moveabout mid-1958 to mid-1959, the small ments in the second half of 1960 is
rise came about as a result of increases afforded by table 2 below, which prein industrial prices, which occurred sents relative frequency distributions
along with the recovery in industrial of changes in the subgroups of the BLS
output, that were nearly offset by de- Wholesale Price Index, classified accordclines in farm and food prices. This ing to increase, decrease, and no change;
pattern was just the reverse of what farm and food products are excluded.
occurred in 1960.
As many subgroups decreased in 1960
Industrial prices rose a little from as increased, and while some of the
mid-1959, reaching a peak around the changes are of a seasonal nature, the
beginning of 1960. While the drop in contrast with the earlier periods gives
the aggregate of these prices since then evidence of the decrease in the inhas been small—less than 1 percent flationary tendency.
from November 1959 to November The most pronounced declines have
1960—moderate reductions have been occurred in industrial crude materials
centering in such items as crude rubber,
Table 2.—Distribution of Changes in BLS
iron
and steel scrap, and wastepaper.
Wholesale Prices—73 Subgroups ExcludIndustrial crude materials have typiing Farm and Food Products
cally exhibited considerable volatility
June-Dec. June-Dec. June-Dec. June- Nov.
over the business cycle, and over the
1959
1960
1958
1957
past year this group has declined some
10 percent. Prices of further processed
Increase
62
56
67
45
goods have edged off slightly over this
26
29
44
Decrease
25
period, while the indexes for finished
11
12
Unchanged 8
15
goods have shown essential stability.
Total
100
100
100
100
Table 3 presents changes in major
Source: Basic data from Bureau of Labor Statistics, U.S.
groups from November 1958 to No veinDepartment of Labor.
SURVEY OF CURRENT BUSINESS
her 1959 and from November 1959 to
November 1960. In contrast with the
numerous increases in 1959 in the industrial price groups, decreases were
the rule in 1960. In fact the only large
increase among major groups is found
in fuel, attributable to higher prices for
petroleum products. The largest decreases have occurred in lumber, hides
and leather, metals, and miscellaneous
products.
dairy products, cereal and bakery
products, and the failure of meat
products to show the usual seasonal
decrease have been major factors in
this advance.
Prices of commodities other than
food have exhibited diverse movements.
New car prices for comparable models
in the month of 1960 were consistently
below those in the same months of 1959.
The 1961 models were introduced at
virtually the same suggested base facConsumer prices higher
tory list prices as the 1960 cars,
The BLS Consumer Price Index has although after concessions prices to tJie
risen in virtually every month of 1960, consumer so far in the 1961 model year
increasing during the year by about have been lower than those of a year
IK percent, or about the same relative earlier. Used car prices have also been
rise that had occurred during 1959.
brought down in 1960. By way of
Food prices in retail markets during contrast, prices of nondurable com1960 increased by almost 3 percent, modities other than food have shown
reflecting the advances that have oc- small rises.
Apparel prices rose
curred at the farm and processing through most of 1960, but fell somelevels. Food prices thus accounted what in November.
for about one-half the rise in the overall
Another fairly sizable increase ocConsumer Price Index, in contrast to curred during 1960 in the prices of
1959 when lower food costs had par- services—nearly 2K percent. These
tially offset increases elsewhere. Of prices lagged in most of the postwar
particular interest in 1960 has been the years behind the commodity advance
contraseasonal rise from midsummer to as pointed out in the extensive reviews
the end of the year. Higher prices for earlier published in the SURVEY.
January 1961
Factory stocks sizably reduced
Manufacturers accounted for virtually all of the sharp inventory swing
from a high rate of accumulation to
subsequent liquidation during 1960, as
can be seen in the chart. Book values
of factory stocks declined at an annual
rate of almost $4 billion during October
and November, in sharp contrast to
the rise at an $8 billion rate in the
first quarter of 1960. Most of these
changes were concentrated in durable
goods industries.
BUSINESS INVENTORIES
Liquidation Began After Midyear
Billion $
15
Billion $
65
MANUFACTURER AND DISTRIBUTORS
Inventory
-5 ~
Reduction Centered in
MANUFACTURERS7 WORKING STOCKS . . .
Inventory Reduction Underway
BUSINESS inventory book values
peaked in June at $93% billion,
seasonally adjusted, and were reduced
$700 million by the end of November.
In the fourth quarter there was a
significant liquidation in physical
stocks, though the amount in comparison with the previous rise was not
large.
The cutbacks were designed to bring
stocks more closely in line with reduced
production schedules, although the
action itself contributed to further
lowering of output by removing from
the market this source of demand which
had been so important in the earlier
part of the cyclical business advance.
Liquidation of inventories represented a reversal from the opening
months of last year when business
stocks were being accumulated at a
high rate both as an aftermath of the
steel production stoppage and in anticipation of a rise in sales in 1960 beyond
that actually realized. With earlier
expectations of likely supply difficulties
as well turning out to be overly
pessimistic, a shift in purchasing
policies occurred.
Business sales—including manufacturing and trade—reached a 1960 high
in April; for manufacturing the top
was in February. Manufacturers' and
wholesalers' sales moved generally
downward after last spring. Retail
markets lacked their anticipated vigor,
though gaining for the year as a whole,
and on a seasonally adjusted basis
rising after a third quarter setback.
Stock-sales ratios have been rising
since the beginning of 1960 in most
manufacturing industries, a typical
cyclical response to an easing sales
situation.
While Factory FINISHED GOODS
STOCKS and ...
-5
i I i i i l i i .1 i i i
I . i i Ii
DISTRIBUTORS INVENTORIES Continued
To Rise
1955
r
56
57
58
59
Q u a r t e r l y C h a n g e in Book V a l u e s
S e a s o n a l l y Adjusted, At Annual R a t e s
Fourth Qtr. based on Oct. and Nov.
Monthly A v e r a g e for Qtr. Seas. A d j .
U. S. Department of Commerce, Offia of Busi >ss Economics
61
Jjinuarv 1061
The metal-using industries—machinery, transportation equipment, and
fabricated metal companies—-accounted
for most of the inventory shift in 1960.
Rebuilding of steel stocks was a substantial factor in the $5/4 billion inventory rise in the first quarter of last
year reported by these industries.
But cutbacks in inventory purchasing
were soon effectuated and during
October and November raw materials
and in-process stocks were substantially
cut.
Sales and orders of metal fabricators
in the October-November period were
5 percent and 7 percent under the
peak rates established earlier in the
year.
The adjustments in stocks
tended to slow down the upward movement in stock-sales ratios last fall,
although the late 1960 ratios for such
industries as fabricated metals, electrical and nonelectrical machinery, and
motor vehicles were considerably higher
than those of a year earlier.
The absence of physical stock data
for some major commodities renders
analysis of current positions subject
to considerable margins of error.
Inventory book values have been
relatively stable in 1960 for suppliers
of building materials and, with shipments slipping during the year, stocksales ratios have risen. Primary metals
producers reported moderate stock reductions in recent months compared
with the substantial accumulation during the first half of 1960, which had
brought book values to near-record
proportions. With sales steadily declining, inventory-sales ratios for the
industry have risen rapidly—the November ratio being two-thirds again as
large as at the beginning of the year,
and as high as any experienced during
nonstrike postwar periods.
A high degree of stability characterized both sales and inventory movements of the soft goods manufacturing
industries, with stocks showing a slightly
greater growth than sales; book values
showed minor increases in October and
November. Higher stocks in relation
to deliveries were most pronounced in
the textile and paper groups.
SURVEY OF CURRENT BUSINESS
factory stocks in recent months has
been in working stocks--i.e., purchased
materials and goods-in-process. Finished goods stocks rose steadily during
the first three quarters of 1960 and
were little changed in the fourth quarter. Purchased materials stocks began
to decline in June.
Purchased materials stocks usually
react quickly to changes in factory
orders and sales. The liquidation of
such inventories last year reflected not
only the reaction to the peaking of
factory orders in December 1959 but
also the decision of producers to get
along with relatively lower materials
stocks. Comparisons of sales and purchased materials inventory holdings in
the postwar period point to the existence
of a long-term downtrend in these
stocks relative to a given volume of
shipments. The downtrend has been
particularly pronounced in the case of
machinery and transportation equipment producers.
Liquidation of purchased materials
occurred in about equal amounts in the
durable and nondurable industries during the third quarter of 1960. In the
closing months, however, the reduction
was almost entirely in the former area.
In contrast to the general liquidation
of working stocks, finished goods inventories of many durable goods manufacturers continued to accumulate in late
1960. This was especially true in the
electrical machinery groups—in part
due to a backing up of appliances.
Finished goods stocks of nondurable
goods producers in such industries as
paper and petroleum have been moving
up in recent months.
Finished goods ordinarily show a
substantial lag in adjustments to turns
in sales. During 1960 the usual lag in
finished goods stocks in relation to
changes in sales was apparently reinforced by a tendency which has been
characteristic of the last decade; namely, an increase in the volume of shipping
stocks relative to sales. The situation
reflects a growing tendency on the part
of customers to hold inventories down
and to rely on suppliers, a tendency hi
part encouraged in recent years by the
generally higher productive capacity
and the resultant easier supply situation.
Auto inventories rise, stocks for other
trades stable
Inventory movements in trade have
been somewhat mixed. While most
lines of retail trade had effected some
minor reductions during the fourth
quarter, this was more than offset by
the continuing rise in stocks held by
automotive dealers.
During the October-November period, these stocks rose 7 percent, or at
an annual rate of about $2 billion,,
While dealers' sales increased substantially in October, they dropped back
slightly in November, and declined
further in December. With stocks re-
Table 4.—Business Sales and Inventories
(Seasonally adjusted in billions of dollars)
Sales (monthly average)
1958
1959
1959
Year
Year
IV
I
II
III
1960
Nov.
1958
Nov.
1959
Nov.
1960
IV '
..
26.2
29.7
29.7
31.2
30.9
30.2
29.3
49. ;{
51.6
54.01
Durables
Primary metals
Machinery
Transportation _.
12.4
1.9
3.8
2.7
14.5
2.2
4.5
3.3
14.2
2.0
4.7
3.1
15.4
2.7
4.8
3.5
15.0
2.2
4.8
3.5
14.5
2.0
4.7
3.4
13.8
1.8
4.5
3.4
27.9
4.1
9.0
6.6
29.3
4.0
9.7
6.9
31.0
Nondurables
13.8
15.2
15.7
15.7
15.9
15.7
15.5
21.4
22.3
23.0
11.1
12.3
12.3
12.4
12.5
12.3
12.2
12.1
12.6
13.2
3.9
72
4.6
7.7
4.6
7.7
4.6
7.8
4.6
8.0
4.4
7.9
4.3
7.9
6.3
5.8
6.5
6.1
6.8
6.4
16.7
18.0
17.9
18.1
18.6
18.1
18.5
23.6
24.2
25.5
5.3
2.8
11.4
6.0
3.3
12.0
5.8
3.1
12.1
6.10
3.4
12.2
6.1
3.4
12.5
5.8
3.1
12.4
6.0
3.4
12.4
10.5
3.9
13.1
11.0
4.4
13.2
12.1
5.4
13.5
All manufacturing
Wholesale trade
. ..
.
Durables
Nondurables
Retail Trade
Change in purchased materials
Durables Motor vehicles
Nondurables
As can be seen in the second and third
panels of the chart, the liquidation of
1
Manufacturing and wholesale based on October and November data.
Source: U.S. Department of Commerce, Office of Business Economics.
Inventories
(end of month)
4.5;
10.3;
7.0;
SURVEY OF CURRENT BUSINESS
6
built, stock-sales ratios for the group
in November were at their high point
for the year, a development which in
combination with the easing in sales is
resulting in the near-term reduction of
automobile output schedules.
Department store stocks also moved
up in the fall, but in more recent weeks
appeared to be leveling out on a seasonally adjusted basis. Holiday sales were
about even with a year earlier, as were
sales for most other months in 1960;
orders placed by department stores
with suppliers have been running well
behind year-ago rates for several
months.
In the fourth quarter wholesalers
held stocks relatively even following a
gradual but steady climb through 1959
and 1960. Most of the rise had occurred in durable goods. Sales of
wholesale establishments which had
been in a mild downtrend since early
spring leveled out in late 1960.
Commodity Transportation
Competition Among Carriers
OEVERAL important developments
are currently affecting the pattern of
commodity transportation, among them
the utilization of new types of containers and the joint use of more than
one mode of transportation.
The St. Lawrence Seaway has completed a second shipping season, broadening the movement of goods by this
means and bringing a considerable
readjustment in freight rates. Other
river navigation projects are in varying
stages of development, continuing the
20th-century revival of inland water
transportation. Pipeline movement of
petroleum and products and natural
gas has made large technological gains
in recent years that have brought substantial reductions in their already lowcost movement.
Railroads have experienced a series
of years of reduced traffic and declining
earnings. New efforts are being made
to stem the loss in traffic, and mergers
are bringing changes in the corporate
structure of the industry.
These developments stem from basic
though gradual changes in commodity
transportation within the framework
of a rather stable overall relationship
to the output of the economy.
Transportation and production
Total intercity ton-miles of freight
traffic in the United States in the past
three decades have about kept pace
with total commodity production (obtained by subtracting services from
GNP). As indicated in the accompanying chart, the two series have been
closely related throughout the period
since 1929.
Thus, the varied influences affecting
the length of haul for commodities appear to have been roughly offsetting so
that commodity transportation per
unit of output has remained relatively
stable.
The recent tendency toward a lower
rate of growth in commodity output
has been reflected in freight transportation, although some discontinuity in the
latter series prevents precise comparisons. Traffic declined nearly one-tenth
in 1958 from the preceding year, and
recovery was incomplete during 1959,
as the long steel strike in the latter part
of the year reduced commodity movement. A strong rise in traffic in early
1960 was followed by a curtailment in
durable goods shipment in the latter
part of the year.
These changes are reflected in the
operations of the carriers for which
current statistics are available. Railroads' long-term erosion in traffic to
other carriers has been extended, and
total rail ton-miles have fallen below
most other postwar years. With little
change in overhead costs, the ratio of
earnings to fixed charges has shown a
substantial decline. Interstate Commerce Commission-regulated motor carriers had slightly more traffic in 1960
than the year before when they had
obtained a considerable rise, but net
earnings were off sharply in 1960. In
the past 5 years their traffic has increased nearly 15 percent, as compared
with 25 percent in the preceding 5-year
January 1961
period which included the Korean
military requirements.
Traffic
distribution
In terms of ton-miles, the three
principal carriers other than rail—(1)
oil pipelines, (2) motortrucks, and (3)
water, including Great Lakes and
rivers and canals—are all about the
same size. (See chart on p. 8.) These
three together have a little over half the
total ton-miles of intercity transport.
Air carriers still account for a very
small share, although it is "high value"
traffic, and is showing large relative
gains. New specialized planes now on
an experimental basis are expected to
bring sharp cost reductions and increased capacity.
In terms of value added, the share of
the various carriers is quite different.
Railroads haul a considerably higher
proportion than do truckers of bulk
commodities-—-coal, grain, and building
materials—which move at low rates per
ton. The railroads also have a higher
proportion of long hauls for which rates
do not increase proportionally with
distance. Thus, the average rail revenue per ton-mile (1.5 cents) is only
about one-fourth as great as that for
trucks. In 1959, rail freight revenue
of class I roads was $9.5 billion and
was somewhat lower in 1960, on the
basis of available data. ICC-regulated
truckers had gross revenue of $7 billion
in 1959 and an estimated $7.5 billion in
1960.
Although precise data on nonINTERCITY FREIGHT TRAFFIC
Has About Kept Pace With Commodity
Output
Billion Ton M i l e s
Billion 1954 Dollars
I 400
2,000
Ratio Scales
1,400
Intercity Freight
Traffic
(left scale)
1,000
200
160
800
Real Commodity
Output
(right scale)
600
40
200
1930
35
40
45
50
55
® Estimated
U. S. Department of Commerce, Office of Business Economics
60
Oato.
65
)CC 8
OBE
61 - I - 12
January 1901
regulated intercity trucking are not
available, Bureau of Public Roads
surveys of highway freight movement
indicate that iionregulated truckers
account for a considerably greater intercity freight movement than do the
regulated truckers.
Industrial products
Manufacturing and miscellaneous
carloadings now account for about half
of total rail carloadings and nearly half
of rail freight revenue. Aside from its
impressive bulk, manufacturing products have a number of special characteristics which make them desirable
freight. Unlike farm products and
coal, they do not have a sharp seasonal
peak. They are also increasing more
rapidly than the other principal groups
of products.
Manufactures and miscellaneous rail
freight tonnage moved consistently with
factory production as measured by the
Federal Reserve Board Index during
most of the decade of the 1920's, but toward the end of that period rail tonnage
began to decline in relation to output.
The declining trend has continued
largely unabated since then, interrupted
only during World War II.
Impact of diversion on revenues
From the standpoint of revenue, however, the shift in traffic from rail to
truck has been somewhat more significant. Such diversion has been larger
for those commodities for which rail
rates were high in relation to costs of
movement and the contribution to rail
revenue was correspondingly large.
The general picture of traffic changes
for manufactured products by rail and
other carriers is shown in table 5 for the
decade 1947-57 and for the most recent
years 1957-59. It is adapted from a
similar type of comparison compiled by
the ICC.
The commodities shown include the
major revenue manufactured products
hauled by rails for which roughly comparable traffic and production data
are available.
The median "loss' ' of rail traffic in
relation to output for the 10-year
period is one-third, which is about
equal to that shown for manufactured
products as a whole as compared with
manufacturing output,
SUEVEY OF CURRENT BUSINESS
The diversion in traffic has been
extended in the 2 most recent years,
although 6 products out of the 25
shown have had increases in rail tonnage
relative to production ranging from 3
to 18 percent.
Passenger automobile transportation
by rail is of special interest. Between
1947 and 1957, note from the table
that automobiles head the list of
major manufactured products for which
rail tonnage had declined in relation
to production with a drop of 75 percent during the decade. Although production was up by over 70 percent in
this period, actual tonnage hauled by
rail declined more than 50 percent.
In the 2-year period between 1957 and
1959, there was some decline in automobile production, and the rail tonnage
again declined by about one-seventh.
Since then railroads have begun to
increase the tonnage of automobiles
hauled. They have developed special
facilities for loading a large number
of automobiles per freight car. These
include the "piggyback" carriage of
8 regular or 10 compact automobiles
on 2 highway trailers per flat car, as
well as specially equipped flat cars
which haul 12 regular or 15 compact
automobiles. (Some equipment car-
ries up to 15 regular or 18 compact cars.
All of it is included as "piggyback"
in the ear-loading statistics.)
This
new equipment or method of rail haul
accompanied by reduced rates per automobile has been introduced by a number of railroads, mainly during the past
year and a half.
The latest figures available on rail
commodity movement are for the
first half of 1960. Such figures are
only partly affected by the "piggyback"
movement of automobiles, but they
do show an appreciable rise in rail
automobile freight, In the first half
of I960, the number of carloads of
passenger automobiles was about equal
to the total carried in all of 1959. A
further increase in rail automobile
traffic in the second half of 1960 has
been reported by various trade sources.
Paint and paint materials have been
moving under reduced "incentive" rates
in eastern territory. These schedules
provide lower rates for heavier loading
of cars. They have brought an increase
in paint traffic since they have been
in operation.
To some extent and especially in
earlier years, the diversion of traffic
from rail to other carriers was a natural
"division of labor." That going to
Table 5.—Relative Changes in Rail Traffic Compared With Production
1947-57
Rail
tonnage
Selected major manufactured products
1957
Production
•
1957
1957-59
Ratio
Change
Rail
Productonnage \ tion
(1)-K2)
1947-57
1959
(1947 = 100)
(1)
Automobiles
Gasoline
Trucks ___
Fuel oil
Liquors
Glass containers
Lubricating oil
"Vails and wire
Change
(5)-K6)
1957-59
(7)
(S)
(1957 = 100)
(3)
(2)
(4)
i
(6)
(5)
— />
-11
-56
— 53
-46
-39
86
92
76
84
116
95
95
96
91
104
110
102
110
107
101
111
95
89
69
83
106
89
95
86
-14
64
66
66
67
71
74
75
77
-36
-34
-34
-33
-29
-26
-25
-23
105
103
111
99
87
67
107
101
112
104
108
112
101
80
114
115
94
99
103
89
86
83
94
88
-6
-1
3
-11
14
-17
-6
— 12
78
80
81
82
85
93
95
101
111
-22
-20
-19
-18
-15
104
104
104
107
106
160
111
117
82
110
101
127
102
98
65
94
91
103
107
118
104
94
-2
-35
-6
—9
3
42
45
27
58
51
60
58
52
172
172
96
147
117
129
108
85
25
26
28
39
44
47
54
61
Wood pulp
Beer
Scrap paper _
Furniture
Metal containers
Pipe and fittings
Cement
Refined petroleum products, n.o.s
116
64
71
96
87
131
120
121
181
97
108
143
123
178
159
157
Canned and packaged food
Wrapping paper
Printing paper
Tires and tubes
Scrap iron and steel- _
Paperboard
Newsprint
Wallboard
Vehicle parts
97
102
108
92
117
141
138
177
161
123
127
134
112
138
152
146
175
145
-
1959
Ratio
-75
El
—5
1
11
118
119
132
96
-31
«
-11
18
4
—6
Source: Traffic data from Interstate Commerce Commission; production data mainly from Bureau of the Census ;md
Federal Reserve Board.
SURVEY OF CURRENT BUSINESS
8
highways was often short haul and
required flexibility, timeliness, and
other special services for which the
rails were at a disadvantage. Similarly,
water movement of raw materials and
pipeline transportation of crude oil
were largely complementary to rail
rather than directly competitive. In
recent years, however, the diversion
has become more directly competitive
with the most profitable rail traffic.
Regional rail operations
Since 1958, traffic recovery from
that recessionary year has been quite
limited, rising to only 580 million in
1959, and the total was off a bit in
1960.
Meanwhile, railway expense
declined only moderately in 1958 and
has increased subsequently; earnings
have declined each year since the
peak of $927 million in 1955. In 1959
they were down to $578 million, and
in the first 9 months of 1960 were
about one-fourth lower than a year
earlier.
The differential performance of the
railroads in the four principal districts
has generally been maintained, with
INTERCITY TON-MILES
By Carriers
Billion Ton Miles
1,500
1,000 -
500
!930
35
Estimated
U. S. Departm nt o? Commerce,
Table 6.—Average Freight Revenues per
Ton and per Ton-Mile
Per ton (dollars)
Per ton-mile
(cents)
Rail
Year
Truck
Total
Manu- Truck
facturing and
miscellaneous
Rail
1948
1949
1950
1951
1952
1953
9.79
10.48
10.91
11.24
12.26
12.61
5.54
6.02
6.02
6.11
6.64
6.76
9.35
9.85
10.12
10.48
11.28
11.63
5.1
5.2
5.0
5.2
5.6
5.7
1.25
1.34
1.33
1.34
1.43
1.48
1954
1955
1956
1957
1958
1959
12 33
12.49
12. 62
13.61
13.72
14.21
6.67
6.40
6.48
6.79
7.12
7.06
11.14
10. 75
10.88
11.71
12.05
11.73
5.8
5.8
6.0
6.2
6.2
n.a.
1.42
1.37
1.38
1.44
1.46
1.44
Sources: American Trucking Association and Association
of American Railroads. Data cover Class I and II Intercity
Motor Carriers and Class I Railroads.
western and Pocohontas roads doing
better than the national average and
eastern roads making a less satisfactory
showing. After declines in traffic in
1958, there was some increase in traffic
in 1959 and little change in 1960. Net
income after fixed charges and other
deductions showed little recovery from
1958 to 1959, with some improvement
in the eastern district offset by a
decline for western roads. The figures
available for 1960 show some decline
from a year earlier in all districts.
The western district railroads have
been more profitable than the average
for all rails in the postwar period,
with net income accounting for around
half of the U.S. total, but their earnings
have declined substantially in recent
years. Although traffic made some
recovery in 1959, earnings continued
to decline, and in the first 9 months
of 1960 they were again somewhat
below the corresponding months a year
earlier.
Eastern district railroads have had
an irregularly declining traffic trend
since World War II, subject to considerable cyclical swings. After reaching a postwar low in 1958 about even
with the prewar rate, traffic has shown
little change in the past 2 years. The
best years were in 1955 and 1956
when net income exceeded $200 million
in each year. They fell below $125
January 196:
million in 1957 and have been muel
lower since then, with a deficit showing
for the first 9 months of 1960.
Southern and Pocohontas roads hav<
also had lower earnings and traffic b
the past 3 years than in immediately
preceding years, but both traffic anc
earnings have remained higher than ir
the first few years after World War II
Rise in trucking
Regional estimates of ICC trucking
show that motor freight traffic growth
has been quite general. In 1959, the
U.S. average was about double the base
period (1947-49). New England and
Central regions had increased twothirds in this period, the smallest of the
rises, and the Middle Atlantic region
was up 90 percent. Traffic increases in
the Pacific region, the Midwest and the
Northwest were about equal to the
average for the United States. The
largest gains were in the Southwest, the
South, and the Rocky Mountain States,
where tonnage about tripled in this
period.
Summary review
Commodity freight transportation is
a growing industry group, with increases
in tonnage about keeping pace with
national goods output. Estimates currently available indicate that the
various carrier groups have been subject to the general profit squeeze which
developed in 1960. Water, pipeline,
and highway carriers have each shown
substantial growth in recent years,
with relatively large capital outlay
programs curtailed during the latter
part of 1960.
The railroads long-term declining
share in freight traffic has been extended
in recent years and returns have shown
a further substantial drop. Capital investment programs have been lowered
in recent years and some consolidation of
facilities is taking place. New competitive measures are being tried and a
committee has been appointed to develop changes in compensation schedules and work rules which will facilitate
improved operating performance.
January
SURVEY OF CURRENT BUSINESS
1961
Record National Income in 1960—
Advance Checked After Midyear
income reached a new margins being narrower. With the
high near $418 billion in I960, rising production weaknesses that developed
more than 4 percent above the $400 later in the year centering in the
billion total of 1959. The sharpest heavily corporate durable goods proadvances were registered before the ducing and distributing areas of the
middle o.f the year, economic activity economy, and with profit margins
leveling off thereafter. Incomplete data continuing to contract, corporate net
011 the final quarter indicate that busi- earnings were lower in subsequent
ness in the aggregate held close to the quarters. Total profits for the first 9
midyear high for this period, but with months of 1960 were 3% percent under
a declining tendency toward the end of the same 1959 period.
the quarter.
Employee compensation continued
Differential movements occurred to advance in the summer quarter, but
among the various types of industrial the rate of gain tapered as the year
products, especially in the second half, progressed. After a spurt as 1960
when increases and decreases approxi- opened, the advance began to moderate
mately balanced. Changes in the in- in the late spring and the high was
dustrial structure and share distribution reached soon after midyear. Earnings
of national income during the year showed little further change overall
reflected the maturing of the cyclical during the remainder of the year,
rise in economic activity, along with though some declines were recorded in
the continuing effects of the prolonged November and December. For 1960
1959 steel strike which was terminated as a whole, total employee compensain November of that year.
tion was 6 percent above 1959, and
On an industrial basis, national in- represented a 4 percent gain in purcome changes were most marked in chasing power.
the production and handling of indusMixed movements also characterized
trial and consumer durable goods, where the other shares of national income.
sharp gains as the year opened were Net interest payments were higher in
followed by a weakening of demand. 1960, while net rent and the returns to
Production and demand for nondurable unincorporated farm and nonfarm engoods were well maintained through the terprises showed limited change overall.
first half, and the decline after midyear
was limited. In the trend-dominated Industry pattern reflects demand
service lines, income expansion con- changes
In the industrial structure of the
tinued throughout 1960.
The share distribution of income national income, as in the share disshifted in line with a typical cyclical tribution, there were large areas wiiere
sequence. Corporate profits dropped, expansionary forces continued dominant
mainly in reflection of the movement in the second half of the year. Moderate gains in the third quarter and apin manufacturing.
Total profits rose sharply in the first parently also in the fourth were the
quarter of 1960, as economic activity rule in lines which together account for
rebounded after the resumption of full- two-fifths of the national income total.
These were predominantly servicescale production of steel and related
goods. Overall demand reached new type industries. Income growth was
highs in that period; profits, however, sustained after midyear not only in the
did not reach the volume of mid-1959, services division itself, but also in such
577724°—61
2
9
important industries as communications, public utilities, and finance. The
inflow of earnings from American investments abroad moved up, and there
was a $1% billion rise in the annual rate
of employment income from government.
The continued expansion in these
areas aided considerably in raising the
national income total for 1960 above
that for 1959. These industries have
also made an important near-term contribution in helping to stabilize the
RECENT CHANGES IN NATIONAL INCOME
Advance Checked in Third Quarter
Billion Dollars
15
CHANGES FROM PRECEDING QUARTERS
TOTAL NATIONAL INCOME
10
-10
With Decline in Volatile Commodity
Related Industries
10
COMMODITY
PRODUCING, TRADE,
& TRANSPORTATION
-5
-10
About Offset by Continued Growth in
Service-Type Lines
10
UTILITIES, FINANCE,
SERVICES, & GOVERNMENT
III
IV
1959
1
I
II
1960
Seasonally Adjusted, at Annual Rates
U. S. Deportment of Commerce, Office of Business Economics
SURVEY OF CURRENT BUSINESS
10
overall flow of earnings recently when
income from commodity production
weakened.
This weakening centered mainly in
durable goods manufacturing, mining,
and railroads. Earnings here were adversely affected from the second quarter
on, as consuner and business demand
for durables passed their peaks and hard
goods inventory building was sharply
curtailed.
Though some tapering was also noted
in nondurable manufacturing production and in trade, on the whole the tone
of business in these lines remained
strong throughout the year. Consumer buying of soft goods expanded on
a broad front and nondurable inventory
accumulation continued on a modest
scale from quarter to quarter.
Table 7.—National Income by Type of Income (1—8, 1—9)
[Billions of dollars, seasonally adjusted, at annual rates]
1957
19 59
1960
1959
1958
III
National income
Compensation of employees. ... _
Wages and salaries
Private
Military
Government civilian
Supplements to wages and salaries.
Employer contributions for
social insurance
Other labor income
Employer contributions
to private pension and
welfare funds
Other __.
Proprietors* income
19()0
IV
I
II
III
IV
366. 9
367.7
399.6
n.a.
399.4
402.8
414.4
419.4
419.3
n.a.
255.5
257.0
277.8
294.4
279.5
281.6
290.2
295.0
297.2
295.2
238
198
9
30
239
196
9
33
258
212
9
35
272
224
10
38
5
3
1
1
259 7
214.2
9 9
35 7
261
215
9
36
268
222
9
36
273
225
10
37
274
226
10
38
273
223
10
39
5
4
6
5
7
4
8
5
2
9
9
4
5
6
8
1
7
1
9
7
1
5
0
6
9
0
1
8
*>
6
3
3
17.0
17.4
19.6
21.9
19.8
20.1
21.5
21.9
22.3
22.0
7.8
9. 1
8.0
9.4
9.5
10.1
10.9
11.0
9.5
10.3
9.6
10.5
10.8
10.7
11.0
10.9
11.1
11.2
10.9
11. 1
7 ^
2.0
7 3
2. 1
7 9
2.3
44. 5
46.4
46.5
47.8
46.1
46.3
46.0
48.1
48.3
48.8
32.7
32.3
34.7
35. 9
35. 0
35.1
35.4
36.0
36.1
35.9
33. 0
32.4
34.8
-.3
11.8
-. 1
14.0
-.1
11.8
12.0
11.1
11.2
16.6
12.1
12.2
12.8
Rental income of persons
11.9
12.2
12.4
12.5
12. 4
12.5
12.5
12.5
12.5
12.5
Corporate profits' and inventory
valuation adjustment
_ _ ... _ _
41.7
37.4
46.6
n.a.
44.9
45.5
48.0
45.3
42.2
n.a.
43. 2
20 9
22. 3
12.6
9.7
-1.5
37.7
18 6
19.1
12.4
6. 7
_ 2
47.0
23 2
23.8
13.4
10.5
n.a.
n a.
n.a.
14.0
n.a.
n.a.
45. 3
22.3
22.9
13.6
9.3
-.4
44.8
22. 1
22.7
13.8
8.9
.7
48.8
23.8
25.0
13.9
11.0
-.8
45.7
22.3
23.4
13.9
9.5
-.4
41.5
20 3
21.3
14.0
7.3
.7
n.a.
n a.
n.a.
14.1
n.a.
n.a.
13.4
14.7
1G.4
18.7
16.5
16.9
17.8
18.5
19.1
19.4
Business and professional
Income of unincorporated
enterprises
Inventory valuation adjustment
Farm.
.
Profits before tax
Profits tax liability
Profits after tax
Dividends
__
Undistributed profits
Inventory valuation adjustment .
Net interest
n.a.—Not available.
Table 8.—National Income by Industry Division (1-11)
[Billions of dollars, seasonally adjusted, at annual rates]
1957
All industries, total
1959
1958
1960
,959
III
IV
I
II
III
366. 9
367.7
399.6
399.4
402.8
414.4
419.4
16.4
18.8
16.8
15.9
16.4
15.9
17.6
17.6
112. 5
68.9
43.6
104.1
60. 8
43.3
119.4
71.0
. 48.4
118.7
69.5
49.2
118.4
69.5
48.8
126. 0
76.1
49.9
123.4
73.1
50.3
120.3
71.0
49.3
"Wholesale and retail trade
60 4
61. 1
66.9
67.2
67.9
68.0
70.0
69.7
Finance, insurance, and real estate _ _
35.3
37.4
40.5
41.0
41.6
42.2
42.8
42.8
16.3
17.5
17.4
17.4
18.2
18.2
18.0
Communications and public utilities
13.4
14. 1
15.3
15.4
15.6
15.9
16.2
16.4
Services
40 0
41 7
45. 1
45.6
46. 7
48.1
49.4
50.5
Government and government enterprises...
1
43.2
46. 6
48.8
49.0
49.6
50.3
51.3
52.8
Other
2S. 7
27.5
29.3
29.1
29.2
29.8
30.6
31.1
Agriculture, forestry, and fisheries
Manufacturing
D urable-goods industries
Nondurable-goods industries
Transportation
_
.
419.3
January 1001
Maimfaduring income off
Nonmetallic durable manufacturing
showed some effects of the decline in
residential building. The widest income fluctuations, however, were in
industries directly influenced by metal
market conditions. Products of these
groups were subject to the full impact
of the unexpectedly large change in
inventory buying policy and the slowdown in final demand for such goods.
After having moved up rapidly at the
turn of the year with the resumption of
full-scale steel production, activity in
metal producing and using industries
tapered sharply in the second quarter
and more moderately after midyear.
This pattern is most clearly shown in
primary metal output, where the seasonally adjusted production index for
iron and steel fell from 114 in the opening quarter of 1960 to 76 in the summer
and around 70 in the autumn.
The metal-using industries—including fabricated metal, the machinery
group, and transportation equipment-responded in somewhat similar fashion.
In each case an early 1960 spurt in income was followed by sharp declines in
the spring. Output weakened further
in the second half, but the pace of the
drop was more moderate.
Activity in electrical machinery was
especially affected by the slackened
consumer demand for appliances, and
shifts in the volume of retail sales of
new automobiles were reflected in big
swings in income originating in the
motor vehicles group. Sales of domestically produced cars for the year
amounted to more than 6 million, compared with 5% million in 1959. The
compact cars accounted for \% million
of last year's sales total, compared with
around a half-million the year before.
Income from auto manufacturing
dropped off from the first-quarter high,
but recovered in the fourth quarter as
manufacturers stepped up production
to a high level after an earlier-thanusual changeover to the new models.
This fourth-quarter spurt was in contrast to the experience in the other
metals industries, where a moderate
decline continued in the final quarter.
The nondurable goods industries
where output is most affected by production swings in the metal and metal
SURVEY OF CURRENT BUSINESS
January 11)01
NATIONAL INCOME
FROM CORPORATIONS
Tapers in 1960
PROFITS* AND INTEREST
150
100
EMPLOYEE COMPENSATION
50
0
OTHER INCOME Continues Up
200
150
100
50
1958
1959
1960
1961
Quarterly Totals, Seasonally Adjusted, at Annual Rates
* Before Tax, and including inventory valuation
adjustment.
U. S. Department of Commerce, Office of Business Economics
61-1-4
of $294 billion. The rise was about
equally divided between government
and private payments.
Government wage and salary disbursements rose from quarter to quarter
throughout the year, with a spurt in
the early summer traceable to an increase in Federal pay scales. The uptrend in other periods centered in
State and local governments.
Private payrolls advanced during
the first half, but there was little
further change in the third quarter,
and a moderate decline featured the
closing months of the year. The industrial pattern of these swings paralleled
that of the movements in national
income described above, with changes
centering largely in the metal manufacturing groups and in the related
mining and railroad transportation
industries. The course of wage payments in nondurable manufacturing
was stronger than that in durables in
each of the final three quarters of the
year, in contrast to the first quarter
when the rise in soft goods was more
moderate. In most other industries
wage and salary income showed a
fairly smooth advance as output rose
gradually during the year.
The fluctuations of activity in durable
goods and associated lines had a pronounced effect on the flow of national
income from corporations last year.
Most of the rise and subsequent decline
recorded for private payrolls occurred
in the corporate area; by the nature
of the industries involved, employee
earnings in business proprietorships
and other noncorporate employment
show relatively less response to changes
in general business, and were not
greatly affected by repercussions from
the steel strike.
Table 9 shows the extent to which
swings in national income centered
in corporate business, and how the
payroll effects of the market declines
were cushioned as usual by the initial
impact of income change falling on the
sensitive profits share.
products lines showed last year the
same pattern of first-quarter spurt and
subsequent decline. These shifts were
especially evident in the chemical and
rubber groups.
Changes in the flow of income from
other nondurable manufacturing industries—most of which depend more
directly upon consumer demand—were
gradual and moderate. In general,
expansion slowed as the year progressed,
and income began to decline in a number of industries in the third quarter.
Food, apparel, and leather in particular
registered tapering gains in the first
half, followed by some weakening after
midyear. Consumer spending for food
items again advanced in the closing
quarter of the year, and producers' Profits decline during year
income tended to rise accordingly.
Following the strong recovery in
Labor income rise tapers
corporate profits as 1960 opened, there
Compensation of employees last year was a reaction in the spring, and
was up $17 billion from 1959 to a total further declines occurred in the second
11
half of the year. Pretax earnings in
the third quarter, at a seasonally
adjusted annual rate of $42 billion,
were off more than one-tenth from the
first-quarter high.
With the narrowing of margins and
some tapering of business as the year
passed, corporate earnings for 1960 as
a whole apparently were close to $45
billion. The decline from the $46)4
billion of 1959 occurred despite a larger
sales volume.
These profit totals are before taxes
and exclude inventory gains and losses.
Small gains were realized in 1959, particularly from the advance in prices of
inventory goods. Book profits including these moved down from $47 billion
in 1959 to approximately $45 billion m
1960.
With the effective corporate income
tax rate being about unchanged at a
little under 50 percent of pretax profits,
tax accruals followed the downward
course of corporate income. Profits
after taxes for the year are now estimated to have been off about a billion;
from 1959.
CORPORATE PROFITS LOWER
Billion Dollars
60
Profits Before Tax*
50 -
40
30
TAX LIABILITY
20
10
1958
1959
1960
1961
Quarterly Totals, Seasonally Adjusted, at Annual Rates
*" Including inventory valuation adjustment
U. S. Department of Commerce, Office of Business Economics
6I-I-
SUEVEY OF CURRENT BUSINESS
12
Table 9.—-National Income by Corporate and Noncorporate Form of Organization
(1-14)
[Billions of dollars, seasonally adjusted, at annual rates]
19 59
1957
1958
1960
1959
III
IV
I
II
III
366.9
367.7
399.6
399.4
402.8
414.4
419.4
419.3
202.9
195.8
219.4
218.8
219.8
229.1
228.8
225.5
Compensation of employees
Wages and salaries
Supplements to wages and salaries. ..
162.7
150. 6
12.2
159.3
147.2
12.1
173.9
160 1
13.8
175.0
161.0
14.0
1 75. 7
161 6
14.1
182.2
166 9
15.3
184.4
168 9
15. 6
184 4
168 6
15 7
Corporate profits and inventory valuation adjustment *
Profits before tax l
_
Profits tax liability
Profits after tax *
Inventory valuation adjustment
39.7
41.3
20.9
20.4
—1.5
35.6
35.9
18.6
17.3
—.2
44 7
45.2
23.2
22.0
—.5
43.1
43.4
22 3
21.1
— 4
43 4
42.7
22.1
20.6
46 1
46.9
23 8
23.1
— 8
43 5
43.9
22 3
21.6
— 4
40 3
39.6
20 3
19.4
7
.8
8
8
180.6
182.9
185. 4
190. 6
193.9
National income
_
Income originating in corporate business
Net interest
Income originating outside corporate business
.4
.8
.7
164.0
171.9
180.3
1. Excludes corporate profits originating in the rest of the world sector.
Table 10.—Sources and Uses of Gross Saving (V-2)
[Billions of dollars, seasonally adjusted, at annual rates]
19 59
1957
Gross private saving
Personal saving
_
_ __
Undistributed corporate profits
Corporate inventory valuation adjustment . _ _
Capital consumption allowance
E xcess of wage accruals over disbursements
Government surplus on income and product transactions
dross investment
Gross private domestic investment
Vet foreign investment
III
IV
I
II
III
69.0
73.9
72.1
73.8
76. 1
77.3
80.8
23.6
9.7
-1.5
37.4
.0
24.4
6.7
-.2
38.1
.0
23.4
10.5
-.5
40.5
.0
22.5
9.3
22.8
8.9
.7
41.4
.0
23.7
11.0
-.8
42.2
.0
25.2
9.5
-.4
43.0
.0
29.2
7.3
.7
43.6
.0
1.0
-11.4
-2.5
-3.2
-2.8
3.9
2.3
-9.3
-2.0
-1.4
— 1.1
-2.0
-1.2
-2.2
-.6
5.6
-1.7
4.7
-2.5
1.6
-3.4
40.7
.0
-1.8
69.6
56.0
69.5
66.0
68.5
79.0
75.7
73.1
66.1
3.5
56.0
72.0
-2.5
67.5
-1.5
70.8
-2.4
79.3
75.5
.3
70.8
2 3
-1.8
-3.0
-2.6
-1.1
-.6
Statistical discrepancy
1960
1959
69.2
2.0
-1.0
Federal
State and local
1958
-1.7
0
-3.9
-5.8
Table 11.—Corporate Profits (Before Tax) and Inventory Valuation Adjustment
by Broad Industry Groups (VI-10)
[Billions of dollars, seasonally adjusted, at annual rates]
1960
19 59
1957
1958
1959
III
AH industries, total
M. anuf acturing
Durable-goods industries
Nondurable-goods industries
_ _
Transportation, communications, and public utilities. _
All other industries
.
IV
I
II
III
41.7
37.4
46.6
44.9
45.5
48.0
45.3
42.2
22.9
18.8
24.8
23.8
23.2
26.2
23.5
21.6
13.1
9.8
9.2
9.6
12.8
12.0
11.5
12.2
11.3
12.0
13.6
12.6
11.6
11.9
10.5
11.1
5.5
5.4
6.3
6.1
6.3
6.5
6.4
6.4
13.3
13.2
15.5
15.0
16.0
15.3
15.5
14.2
Januarv 1061
The entire drop in net income after
taxes was reflected in a decline in corporate retained earnings. These appear
to have fallen below the $10 billion
mark as dividends totaled $14 billion
for I960, up by over $K billion from
1959. This payment rate had been
reached by the time the year opened
and no further advance was scored subsequently. The 1960 payout ratio was
60 percent of after-tax profits, up from
55 percent the year before.
Profits of nearly every major industry
were lower by the third quarter than
they had been in the spring. This pattern of decline was in contrast to that
of mixed gains and losses which has been
described above for the aggregate of all
national income, but the segments of
relative strength and weakness were
much the same for profits as for income
in general. The most marked declines
of profits were centered in lines producing and selling durable goods, and
featured reactions from the early 1960
highs in metals and related industries
in particular. The major group to
score an advance in the summer quarter
was the communications and public
utilities division.
Flow of other incomes
The structure of advanced interest
rates prevailing in late 1959 and early
1960 combined with a substantial volume of borrowing at that time to push
interest income higher. The increase
slackened as 1960 progressed, with interest rates and new borrowing down as
business activity leveled off.
Income of nonfarm unincorporated
business concerns was up somewhat last
year as activity rose. The net income
of farm operators in 1960 reflected a
near-record volume of marketings, some
rise during the year in prices received,
and little change in expenses.
BY LOUIS J. PARADISO AND MABEL A. SMITH
Developments in the Consumer Market
Consumer Buying Higher in 1960
Postwar Annual Growth In Real Consumption Was 3l/2 Percent
Most Service Groups Increasing In Importance
CONSUMER expenditures in the
G
fourth quarter of 1960 increased to a
new high after the easing tendency in
the third quarter. For the year as a
whole, consumers bought a record
volume of goods and services—5 percent
more than in 1959. This increase in
consumer demand was an important
contributing factor in the expansion of
total output in 1960—with the rise in
consumer expenditures accounting for
three-fourths of the advance in total
GNP. During the first half of I960,
consumers increased their spending
consonant with the rise in income and
product; the slowing down in buying in
the second half had consequential
effects on the current business situation
and near-term prospects.
Three basic patterns of consumer
behavior have become discernible during the postwar period. First, consumer expenditures have tended to
move in general correspondence with
demands originating in the rest of the
economy—business and government—
particularly in periods of sustained high
employment.
Second, in the periods of short cyclical swings, such as 1953-54 and 195758, consumers have played an important role in moderating the duration
and magnitude of the downturn, though
here a distinction must be drawn between buying of durable goods and
other purchasing. In these periods,
total consumer purchases were maintained at relatively high rates, due
partly to the bolstering effects of larger
government transfer payments and
other stabilizers.
Finally, on occasions consumers have
struck out in an autonomous fashion,
i.e., independently of the flow of in
come or of the course of the economy,
but this has reflected unusual and temporary events. Examples of such actions are the 1950 spending bulge following the outbreak of the Korean
conflict, and the 1955 spurt in buying
reflecting primarily an unusual response
to the changes in automobile design.
Since consumers tend at times to display differential behavior, the analysis
of the current expenditure pattern and
recent trends is pertinent at this time
when businessmen are examining their
investment programs to satisfy consumer demands, and when consumers
themselves are considering budgets for
the period ahead.
In this article we shall depict recent
developments in consumer markets,
with emphasis on the underlying differences in growth between consumption
and other major market sectors. Some
attention will be given to the areas of
stability in consumer buying and to
those where considerable variation
occurs.
expenditures which dropped most
sharply in the 1958 recession—the rise
was rapid through mid-1959, after
which purchases tended to fluctuate
around a constant level.
Since the middle of 1960, consumer
demand has tended to lag somewhat,
and outlays for some groups of goods
have shown mildly declining tendencies.
On the other hand, expenditures for
most services have continued upward.
The sluggishness in goods demand
has reflected: (1) the recent decline in
nonfarm employment, and a leveling-off
tendency in the income flow, seasonally
adjusted, mostly associated with reduced activity in the manufacturing of
durable goods; and (2) consumer hesitation with respect to purchases of
durable goods generally, as furniture
and appliance demand was affected by
reduced housing activity, while the
new car market lacked vigor.
Consumer expenditures for the fourth
quarter of 1960 as a whole increased
from the third quarter, but during the
final
2 months of last year purchases of
Recent changes in consumption
goods dropped off. Sales at all retail
Consumer buying was a major factor stores in November and December
in facilitating the rapid recovery of were reduced from the high seasonally
business from the 1958 recession low. adjusted October rate, with sales by
From the first quarter of that year to durable goods stores in particular being
the second quarter of 1960, when the lower.
GNP was at a peak rate, consumption
expenditures accounted for nearly three- Marked shifts in spending
fifths of the 17-percent increase in
While the easing of consumer demand
GNP. The relative increase in conaffects the current prospects for sales
sumption expenditures over this period
was commensurate with that of dis- and profits, the longer run changing
pattern of consumer expenditures is a
posable personal income.
factor
which businessmen consider in
The following chart shows the participation of the major expenditure plans to expand facilities and to make
groups in the advance. In the case of timely moves to build appropriate types
automobiles and parts—the category of of plant and equipment.
13
SURVEY OF CURRENT BUSINESS
14
Consumer expenditures in 1960 represented a record high in both dollar and
real terms. About 47 percent of the
total consisted of purchases of nondurable goods such as food and clothing,
another 40 percent was spent for
services of all types, and the remaining
13 percent went for durable goods.
As the chart on page 15 shows, about
half of total expenditures were for the
food, tobacco, clotiling, and shelter
groups. While many items in these
groups are so-called "necessitous," nevertheless this proportion should not be
interpreted as the share required for
living. Obviously there are many goods
included in this total which are not at
all necessities and, indeed, may be considered luxuries. On the other hand,
some items in the other groups of expenditures are quite necessary in everyday living—such as many utilities and
the use of a car.
It may also be noted that one-fourth
of all purchases were for housing and
household operation services and for
furniture, furnishings, and equipmentcategories associated with the home.
Transportation (including automobiles
and gasoline) took about one-eighth of
the consumer dollar.
Shifts in market shares
The pattern of expenditures in 1960
represents a shift from that of 1948,
when the economy had once again
reached high rates of civilian employment and output following the conversion from wartime operations. In that
year—when the expenditure pattern
had not as yet returned to "normal"—
consumers channeled 55 percent of
their total expenditures into nondurable goods, a larger proportion than in
1960; the services absorbed a much
smaller proportion than in 1960—32
percent; and about the same proportion, 13 percent, was spent on durable
goods.
Consumers have changed their wa}^s
of spending in the past dozen years,
RECENT PATTERN OF CONSUMER EXPENDITURES
DURABLES Have Lagged
This Year, With Wide Swings
In Autos and Some Easing
in Furniture
Most NONDURABLES Have
Leveled off Following
Recent Increase
SERVICES Continue Upward
Billion $ (ratio scale)
Billion $ (ratio scale)
Billion $ (ratio scale)
too
-
90
Food 8 Beverages
r-
40
j-
;
Clothing 8 Shoes
30
11
Furniture 8>
Household Equip.
20
Other Services
50
70
50
|
H
80
50
_
~
Housing
30
~
Other
Nondurable Goods
V- / Automobiles
a Parts
Transportation
,0
10
3
8
10
^
Gasoline a Oil
:
^^-^
8
Tobacco
x ^*~
„,-«..*"—
—.••»—
Recreation
6
6
-
Other Durable
Goods
4
Household
Operation *****^~^~**
•<£*^**>^
20
"*
!
j
—
40
^—
20
[
,.»
-
3
Personal S e r v i c e s
t
:
4
-
Semidurable
House Furnishings
L.I
1
1 1 !
1957
1
58
1
1 l
'
59
1
1
:
\
60
'
1 '
1
» * i 1 . i i 1 i i i i ' i i 1 i i i
2
1
1957
61
58
59
60
61
i957
58
59
60
61
Quarterly, Seasonally Adjusted, at Annual Rates
U, S. Department of Commerce, Office of Business Econ
;6 I - I - 6
January 10(11
although to a particular family or from
one year to the next the change may
not be readily discernible. Within the
broad totals of durables, nondurables,
and services, many groups have gained
in importance in the consumer budget
since 1948, while others have become
relative!}7 less popular or less necessary.
These tendencies are shown in the chart
on page 16.
Increases in market
The groups which show upward
shifts, increasing in importance, comprised half of the total expenditures
last year, whereas in 1948 the same
groups comprised two-fifths of the
total. These categories include important commodities as well as services.
Housing expenditures have shifted
upwards in importance both in dollar
and real terms. In 1948 these expenditures, including rents, cost of hotel
accommodations, and payments for
other types of shelter, comprised 10
percent of the total consumer budget;
by 1960 the proportion had risen to 13
percent. Although the percentage rise
may appear small, in dollar terms the
increase amounted to $25 billion.
The higher proportion of the consumer dollar spent currently on housing
has been in part due to a considerable
advance from the relatively low rents—
many still controlled-—-which prevailed
in the early postwar years and to the
increasing popularity of home ownership. From 1948 to 1960, rents increased by two-fifths, while the total
consumer price index rose by nearly a
fourth; home ownership advanced by
two-thirds, or 13 million units, in this
period.
Household operation expenditures,
which are closely related to those for
housing, also have moved upward in
relation to the total since 1948, and by
about the same percentage as housing.
Within the household operation total,
the current proportions are higher than
in 1948 for electricity, gas, water, and
telephone services. In contrast, domestic service expenditures have declined in importance as other job
opportunities have become increasingly
available and more attractive.
Another sizable upward shift in importance has occurred in the miscella-
SURVEY OF CURRENT BUSINESS
15
with a total of 6.1 million cars in 1959.
The industry actually produced considerably more than it sold in 1960, with
the difference being reflected in large
accumulations of inventories held by
car dealers over the year. The consumer portion of new car purchases,
taken together with used car markups
and automobile parts, accounted for 5%
percent of the consumer budget in 1960
compared to 4 percent in 1948. This
ratio, however, has displayed a most
irregular pattern reaching as high as 7
percent in 1955. In the 1957-58 recession the proportion dropped from a high
of more than 6 percent to 4% percent.
As indicated earlier, the fluctuations
in the relative amounts spend by consumers on autos and parts arise from
the extraordinary swings of these expenditures in recession and recovery
periods, and from the 1950 and 1955
buying spurts. In view of this experience, it is apparent that the longer run
Table 1.—Changes in Income and Product
Aggregates in Postwar Recessions
factors which influence automobile de(Billions of dollars, seasonally adjusted annual rates)
mand are not 6nly numerous and complex, but tend to vary in their imporChange fr im peak to trough in
GNP
tance from time to time. In addition to
]
2
the longer run factors, short-run in1948-49
1953-54
i 957-58 s
fluences—such as changes in income
Gross national product
-9.5
-9.9
-16.3
flows, car prices, credit terms, weather,
Personal income
-2.4
—5 5
-1.1
and styles—are critical in determining
Income from current- prothe volume of sales and profits of autoduction 4
-7.3
-5.0
-3.1
mobile
dealers.
Disposable personal income.
-3.8
2.0
-1.3
Gasoline
and oil accounted for 2%
Personal consumption ex3.2
.3
-1.0
percent of total spending in 1948 and
3K percent in 1960, with this ratio
1. 4th quarter 1948 to 2d quarter 1949.
2. 2d quarter 1953 to 2d quarter 1954.
showing
little change in the past 4
3. 3d quarter 1957 to 1st quarter 1958.
4. Personal income less transfer payments.
years. The rise since 1948 has been
Source: U.S. Department of Commerce, Office of Business
Economics.
associated with the rapid expansion in
motor vehicle usage. In that earlier
year, registrations of passenger cars
share of which increased from 4 percent
totaled 33 million and this total
in 1948 to 6 percent in I960, relatively
mounted to 61 million by 1960.
larger amounts are currently going for
The small rise in the relative pursuch items as life insurance (measured chases of items in the miscellaneous
net of claims paid) and interest on
durables group is due to moderate inpersonal debt.
creases in outlays for such categories as
Besides these services, a number of
wheel goods, durable toys, sport equipcommodity groups have also increased
ment, boats, and pleasure aircraft. The
in importance; these include automorise in the expenditure proportion for
biles and parts, gasoline and oil, and the
these is largely a reflection of the inmiscellaneous durable goods group.
come growth and increased leisure time
Automobile share
which accrued to individuals during the
New car sales in 1960 totaled 6.6 mil- postwar period. Within the miscellion, of which % million were imports. laneous nondurable goods group, exThis volume has been exceeded only by penditures for drugs gained in importhe 7% million in 1955, and compares tance, showing a relative increase since
1948 somewhat greater than that for
medical care services. The proportion
for the total miscellaneous nondurable
goods group was only slightly higher,
however, due to a decrease in the relative amount spent for fuel.
rj- 1001
neous service group which includes
medical care and personal business.
Medical care expenditures, covering in
addition to doctors' bills such items as
hospitalization fees and health insurance payments, increased from 4 percent of total expenditures in 1948 to 5
percent in 1960. Dominant influences
in this rise have been the substantial
advances in medical costs and the increasing use of medical facilities by a
larger percentage of the population.
This relative gain in demand lias reflected not only the increasing prosperity
experienced during the postwar period
but also the launching of new medical
products, the development of new
techniques including medical insurance,
and the increasing public knowledge of
the vast benefits to be derived from
these improved services. In the personal business expenditure category, the
1
Losses in market shares
Other major groups of consumer expenditures have shown expanding sales,
but a declining tendency in relation to
the total market in the postwar period.
These include the commodity groups
HOW THE CONSUMER SPENDS HIS DOLLAR
Proportions Based on Total Consumer Expenditures
in T960-$328 Billion
U. S. Department of Commerce, Office of Business Economics
61-1-7
food and beverages, tobacco, clothing
and shoes, and furniture, furnishings
and equipment, and the transportation,
recreation, and personal service groups.
In 1960, aggregate expenditures for
these groups, which have lost relatively,
amounted to $160 billion, comprising
about half of total consumer outlays.
In 1948, these same groups had accounted for 60 percent of the total consumer budget. The shift occurred in
both current and constant dollar terms.
The food and beverage group, which
had been favored during the war period,
declined from more than 30 cents out of
the consumer dollar in 1948 to 25 cents
by 1960. However, the actual dollar
outlays for these items, amounting to
more than $80 billion in 1960, were
about 45 percent above 1948; this rise
compares with the increase in total
16
personal consumption expenditures of
85 percent over the same period. The
lower proportion for food is only in part
accounted for by the smaller price advance in foods than in other consumption items.
On a per capita basis, real purchases
of food and beverages by consumers
were somewhat higher in 1960 than in
1948, implying that the rate of increase
in total food purchases was only a little
more than population growth. Nevertheless, as is well known, the quality of
many foods and the services associated
with their marketing have improved
substantially and these developments
are only in part reflected in the data.
The next major group showing a
smaller take of the total consumer
market in 1960 than a dozen years ago
is clothing and shoes. Although clothing purchases have been on an uptrend
in the postwar period, the growth rate
has been somewhat smaller than that
for total consumption expenditures.
The relative reduction in this market
reflects in part changes in the pattern
SUEYEY OF CURRENT BUSINESS
January 1061
of living, with increasing emphasis on
casual wear. Apparently all categories
of apparel have declined in relative
importance, with the most pronounced
drop occurring in women's and children's wear. In real terms, the decline
in the ratio has been somewhat less
because apparel prices have risen much
less than overall consumer prices.
Expenditures for furniture and household equipment in 1960 were also below
1948 when related to total expenditures.
Since prices of these items were only
slightly higher in 1960 in contrast to
the sizable increase in total consumer
prices, in real terms the "amount"
bought relative to all purchases was
about the same in 1960 as in the earlier
postwar year.
Within the group, the furniture proportion of the total consumer budget
was about the same in 1960 as in 1948.
However, the ratios for kitchen and
other household appliances, and for
china, glassware, and tableware have
declined. In contrast, expenditures for
radios, television sets, phonographs,
records and musical instruments were
up somewhat from 1948 relative to
total spending. This gain reflects the
recent upsurge in the popularity of
many of these items under conditions
of expanding incomes.
Some important groups of services
have also lost in the competition for the
consumer dollar. In the case of transportation the 1960 proportion was
below that of 1948. Purchased local
and intercity transportation services in
particular have shown substantial declines relative to all expenditures,
mostly due to the inroads made by
passenger cars.
Personal services, with the exception
of those at barbershops and beauty
parlors, declined relative to all other
purchases, as the laundering, cleaning,
and repair of clothing and shoes by
service establishments have progressively been displaced by the increasing
use of home equipment and of washand-wear and drip-dry articles. Finally, recreational service expenditures
currently comprise a smaller portion of
the consumer budget. Admissions to
spectator amusements, particularly
movies, have declined relative to total
spending, with the growing emphasis
on hobbies and other home entertainment.
In summary, while expenditures for
goods as a whole have not kept pace
with services relative to the total expenditure budget, nevertheless shifts in
consumer choices have resulted in
mixed tendencies within these broad
groups.
POSTWAR SHIFTS IN CONSUMER MARKETS
1948 and 1960
Percent of
Total Dollar Consumer Expenditures
40
While Spending is Higher in
Consumers Spend Proportionally
Less for These Groups . . ,
These Areas
30
Postwar growth of real consumption
has been 3l/2 percent per year
20
Medical care, personal
business and misc.
services
Housi ng
Clothing a shoes
10
Furniture, furnishings
& equipment
Drugs, fuel S
misc. nondurables
.Household operation
-Automobiles 8t parts
Transportation
Tobacco
R e c r e a t i o n _.l:xfc
Personal s e r v i c e s
1948
U. S. Department of Commerce, Office of .Business Economics
-Gasoline 8 oil
-Wheel goods, j e w e l r y ,
books, & misc. durables
I960
1948
1960
Despite shifts in preferences among
various types of goods and services,
total consumer purchases in real terms
have grown at a relatively stable rate
of 3K percent per year in the period
from 1948 to 1960. The chart on page
17 shows for the postwar years real
consumption expenditures along with
the other major groups of final purchases in the economy.
The aggregate of all final purchases
when combined with the change in
business inventories results in the total
national output or gross national product. Real GNP and final purchases
have also grown at the rate of 3J£ per-
January 1961
cent per year over the entire period
1948 to 1960. The sharp rise in Federal
Government purchases of goods and
services during the period of the Korean
conflict was a factor in the somewhat
larger annual rate of increase in total
real GNP in the period prior to 1953.
Two basic characteristics of each of
the major groups are evident from the
chart-—the growth trend and the size
of the fluctuations around the trend.
It is evident that real consumer purchases have increased rather steadily
and have shown less pronounced fluctuations that the other major groups.
There are a number of reasons for this.
Many of the components of consumer
demand are directly related to population growth, and hence tend to increase
slowly and in a regular fashion.
More importantly, in the postwar
periods of cyclical swings, the income
losses accompanying reductions in employment are, to a considerable extent,
offset by supplementary payments such
as increased unemployment compensation and old-age retirement benefits.
In addition, the progressive feature of
our personal income tax acts to moderate the decline in spendable income.
These effects are brought out for the
three postwar recessions in table 1.
The decline in income arising from
current production—personal income
less transfer payments which consist
mainly of social insurance benefits,
including unemployment compensation,
and payments to veterans—was fairly
sharp in each of the three recessions.
The drop in personal income, however,
was considerably less due to higher
transfer payments. Finally, income
after the payment of personal taxes
showed an even lesser decline in both
the 1948-49 and the 1957-58 periods,
while in the 1953-54 period it actually
increased. This movement in the disposable personal income is reflected in
correspondingly similar changes in total
personal consumption expenditures.
Within the consumer expenditure
total which, as indicated above, has
shown a growth rate in real terms of
3K percent per year, the durable goods
segment has increased at an average
annual rate of 4 percent, while the
growth of the nondurable goods and
service groups combined has been a
577724°—61
3
SUKVEY OF CUKEENT BUSINESS
17
little slower—3% percent. Moreover,
fluctuations around the trend of the
durable goods purchases have been
sizable and irregular. The average
annual deviation of the actual purchases
from trend values was 6 percent, varying from +14 percent in 1955 to —9
percent in 1958. This is an area of
considerable variability in the economy,
with buying of automobiles being especially volatile. On the other hand,
fluctuations around the trend of purchases of nondurable goods and services
have been much more limited—averaging less than 1 percent.
ment programs from one period to the
next arising from altered supply-demand
relations and from other factors have
contributed much to the instability in
this area in the postwar period.
Real expenditures for residential
construction have tended sharply upward since the war, which ended with a
big backlog of demand. The lows and
highs of the swings in these purchases
have not conformed in timing to the
cycles apparent in the other groups of
final private purchases.
Also, the
relative fluctuations have been quite
extreme—the deviations from trend
averaging 7% percent.
Government purchases in real terms
have also risen reflecting principally
the increased services required by a
growing population and needs for
national defense.
Expenditures by
State and local bodies in particular
are geared to population growth. In
the last 6 years, real purchases by the
Federal Government have shown relatively small changes around levels
considerably below those prevailing
in the Korean period. State and local
Trends of other final purchases
The major groups of final purchases
other than consumption have shown
strikingly divergent long-term trends.
The growth in real expenditures on
plant and equipment has been the
smallest of all the major sectors shown
on the chart—averaging 1/2 percent per
year; however, this group has displayed
wide deviations from the trend—5
percent on the average in the 12-year
period 1948-60. Changes in invest-
POSTWAR TRENDS OF FINAL PURCHASES
BY CONSUMERS, BUSINESS, AND GOVERNMENT
Billions of 1954 D o l l a r s ( r a t i o s c a l e )
B i l l i o n s of 1954 D o l l a r s ( r a t i o s c a l e )
400
Total
Personal Consumption
Expenditures
300
200
Consumer
Nondurable Goods & Services
150
50
40
30
20
Residential Nonfarm
Construction
10
/ I I I | , I , , , I I , I I , , . I , , , I . , , I , | , I I I , I I I , I I I ! I I I I I, II
1948
50
52
54
56
58
60
10
1948
50
52
54
56
58
60
Quarterly, Seasonally Adjusted, at Annual Rates
* Producers' durable equipment and
Private nonresidential construction
(Jr 5. DepttfTTffenf of Commerce, Office of Business Economics
61-1-9
SURVEY OF CURRENT BUSINESS
18
purchases, on the other hand, continued their stead}7 rise.
Finally, exports and imports separately, measured in real terms, have
shown strong uptrends of roughly the
same rate during the postwar period.
Only the net value of these transactions
is included in GNP, i.e., exports less
imports, and this difference though
moving widely in short periods shows
no long-run upward or downward
tendency.
Thus, the growth rates of the separate
broad markets comprising the GNP
have varied widely from 1% percent increase per year for plant and equipment
expenditures to 5 percent for government (considering the entire period from
1948 to 1960). Table 2 shows these
growth rates for major components of
GNP and the average percentage deviations from the growth trends.1
Differential
lines
groivth among purchase
durable goods group noted above, rela- there is considerable variability among
tively large growth rates over the post- the groups indicated in the short-term
war period have characterized pur- fluctuations about the growth trends.
chases of housing, household operation, This is shown in table 3 where the avermedical care, gasoline and oil, and age percentage deviations from the
drugs—categories largely associated postwar trends are indicated for the
with the maintenance of health and the major groups of real consumption exutilization and servicing of consumer penditures. Largest departures from
durables. In combination, these faster- trends characterize durable goods purthan-average moving groups have chases which are very sensitive to
shown a rate of growth of 5 percent per changes in income and employment.
year.
Many nondurable goods and service
On the other hand, groups which items, on the other hand, are bought on
a relatively steady and regular basis
and display only small fluctuations
REAL CONSUMER EXPENDITURES
about the growth tendencies.
Postwar Growth Rates Have Varied
Widely Among Major Groups
Wheel Goods, Jewelry, Books
8Misc. Durables*
Household Operation
Medical Core 3
Misc. Services
Gasoline 8 Oil
Housing
As might be expected, the postwar
growth rate of total consumption is the
Drugs, Fuel 8t
Misc. Nondurables
resultant of a combination of widely
TOTAL EXPENDITURES
different tendencies among the compoAutomobiles Q Parts*
Furniture 8 Household
nent groups. Here again, the focus will 3 Equipment
be on the rate of growth and the degree
Clothing a Shoes
of departure from trend.2
Food 8 Beverages
In real terms the growth rates of the 2 Tobacco
Semidurol
major consumer expenditure groups
Transportation
shown in the accompanying chart have
I Recreation
varied from 6% percent per year for the
| Personal Services
group of items consisting of wheel goods,
jewelry, books, and miscellaneous dur- 0
ables to less than 1 percent for recrea- *'Based on 1949-60 * * Based on 1953-60
tion and for personal services. In the Note-. Growth rates based on logarithmic linear regressions
categories within the major groups, the U. S. Department of Commerce, Office of Business Economics 61 - I - 10
long-term change has varied from a
rate of growth averaging 9 percent per
year for wheel goods and sport equip- have grown at slower rates than total
ment—a component of the fastest grow- outlays include food and beverages,
ing group—to an average decline of tobacco, clothing and shoes, recreation,
8 percent per year for local streetcar transportation, and personal services,
all of which reflect to a large degree
and bus transportation.
increased
demands stemming from
The chart shows that the groups
population
growth,
which in the past 12
which have increased more rapidly than
years
has
been
at
an average annual
total expenditures include all types of
items—durables, nondurables, and serv- rate of 1.7 percent. Actually the three
ices. In addition to the miscellaneous service groups have increased at a
lesser rate than that of population.
1. This is measured by averaging the absolute values oJ
The aggregate of all the major groups
the percentage differences between actual purchases and the
corresponding trend values for the 1948-60 period.
growing more slowly than total outlays
2. It should be noted that this section views the postwar
shows an average rate of growth of 2
developments in expenditures from a somewhat different but
related standpoint than that presented earlier, when relative
percent per year.
amounts of expenditures were compared for two years,
Of added interest is the fact that
1948 and 1960.
January 1961
Stability of Consumer Expenditures in Relation to Income
Two types of relations are presented
for the postwar years—the ratio of consumer spending to income and a comparison of consumer purchases with
those by business and government
combined.
Consumer buying in total tends to be
closely geared to the flow of income,
which in turn is in part a function of
autonomous consumer action and more
importantly of business investment and
government purchases. In the past
decade, consumer expenditures have
fluctuated within the fairly narrow
range of 92 to 93 percent of spendable
income (personal income less taxes).
The ratios were somewhat higher in the
earlier postwar years due to efforts of
consumers to satisfy their wartime
pent-up demands, production distortions, and price controls, and in 1950
and 1955, due to the special influences
of military expenditures and prospects
in the former year and of unusual
cyclical factors in the latter.
An examination of quarterly movements suggests that significant shifts in
the spending-income ratio, particularly
in periods of cyclical swings, usually
have been associated with changes in
buying of durable goods, especially
automobiles. When purchasing of durables decreases significantly, the spending-income ratio tends to decline, and
vice versa. For example, in the third
quarter of last year, consumers reduced
their purchases of automobiles from
SURVEY OF CURRENT BUSINESS
January 1961
the second quarter rate; accompanying
this development the proportion of
spending to income dropped by more
than 1 percentage point; in the fourth
quarter, automobile buying was increased and the ratio rose by about 1
percentage point. Now auto buying is
declining once more.
Table 2.—Postwar Growtli Rates and Average Deviations From Trend of Major
Components
of Real Gross National
Product
(Percent)
Average
annual
rate of
growth
Average
deviation
from
trend
Gross national product.
3.4
2.6
Personal consumption expenditures
Durable goods
Nondurable goods and services
3.4
4.1
3.3
1.0
5.6
0.6
Plant and equipment l
1.5
4 7
N"ew private nonfarm residential construct ion
3.9
Government purchases of goods and
services (including Federal, State f
a n d local)
_ _ _ _ _
I
2
5.1
2. 4
7.5
12.0
21.4
Note: Rates of growth are based on linear logarithmic
regressions using data in 1954 dollars for the period 1948-60,
except where otherwise indicated.
1 .Producers' durable equipment and privatenonresidential
construction.
2. Based on period 1955-60.
Source: U.S. Department of Commerce, Office of Business
Economics.
Changes in outlays by business and
government affect the flow of income
and consumer buying, and fluctuations
in consumer demand in turn react upon
other types of purchases.
In 1959 and 1960 the ratio of consumer expenditures to total business
and government purchases (GNP less
consumer expenditures) was about 1.9.
In the past 10 years this proportion has
varied within a rather narrow range,
and in fact in periods of high employment and production, it has been remarkably stable. Thus, in each of the
years 1951, 1952, and 1953, consumer
expenditures were about 1.75 times as
large as the rest of GNP. Again, in
each of the prosperous years 1955, 1956,
and 1957, the proportion stabilized at
1.8, close to that of the preceding high
employment }^ears.
In years of downturn, on the other
hand, consumer purchases have tended
to hold up better than purchases by
other groups—they are less cyclically
sensitive—and as a result the ratio has
risen in such periods. This is illustrated by the recession years 1954 and
1958 when the ratio increased to 1.9
and 1.95, respectively.
The foregoing comparisons suggest
that consumers "normally" tend to
spend a constant proportion of their
income after taxes and deviate significantly from this relation only in special
situations such as in periods of adverse
business conditions and when they
find it advantageous, for one reason or
another, to modifiy their pattern of
19
Table 3.—Postwar Growth Rates and Average Deviations From Trend of Major
Groups of Real Consumption Expenditures
(Percent)
Average Average Relative
annual deviation importance
from
rate of
trend
in 1960
growth
3.4
1.0
100. 0
4. 1
1
3.4
5.6
9. 1
13. 5
5. 6
3. 5
2. 6
5.8
2.1
Goods and services
Durable goods
Automobiles and parts, _
Furniture and household equipment
Other durable goods
Nondurable foods
Clothing and shoes
Food and beverages. _ _ _ _
Gasoline and oil
3.4
16.4
1
1
2 7
2. 3
2
Semidurable house furnishings
. . _
Tobacco
Other nondurable goods
1
Services
- _ - __.
Household operation
Housing _
__ ._
Personal services
2.2
4. 7
2
1.6
12.2
1.8
3.9
2.5
.9
4.2
5.9
4.7
.7
Recreation
Transportati on
Other services
0.7
1.3
1.0
.7
1.4
5.0
1.5
46. 5
8. ('»
24. 5
3.6
.9
2.3
6.6
1. 8
40.0
5.8
1.3
1.6
13.0
1. 7
7
2.3
1.8
1.9
3.2
1. 1
14.4
Note: Rates of growth are based on linear logarithmic
regressions using data in 1954 dollars for the period 1948-60,
except where otherwise indiated.
1. Based on period 1949-60.
2. Based on period 1953-60.
Source: U.S. Department of Commerce, Office of Business
Economics.
purchases of goods, particularly the
durables. Moreover, consumer purchases are to a degree linked to demands
originating elsewhere in the economy,
although from time to time, as a result
of special influences, consumer spending departs from this relation.
NEW OR REVISED Statistical Series
Hotel Restaurant Sales (Indexes), 1929-59: Revisions for Page S-241
[Same month 1951 = 100]
Year
1953
1954
1955
1956
1957.
1958
1959
.
January
February
March
April
May
June
July
August
September
October
November
December
Annual
average l
109
106
111
110
111
114
109
110
114
108
103
106
109
110
110
107
106
111
109
108
107
103
102
107
104
103
105
107
107
109
100
103
107
106
105
108
107
106
109
113
115
114
117
116
122
114
117
113
120
115
114
116
110
109
117
117
124
121
121
113
115
111
117
110
115
111
117
112
111
108
110
109
110
108
116
114
111
113
114
106
108
106
110
111
111
113
115
112
114
112
115
1. Revisions reflect change in comparison base period. Annual averages for 1929-52, respectively, are as follows: 42; 37; 29; 22; 21; 29; 33; 37; 40; 37; 38; 40; 44: 51; 09; 77; 84; 96; 97; 96; 92; 94100; 105.
Source: Horwath & Horwath.
SUKVEY OF CUKRENT BUSINESS
20
January 1961
Department Store Sales and Stocks, United States (Seasonally Adjusted Indexes): Revised Data for Page S-ll 1
[1947-49=100]
Month
1947
1948
1949
1951
1950
1952
1955
1954
1953
1956
1957
1958
1959
SALES
January
February
March
April
May
June
_ __
__
_ __
_ _
July
August
September
October
November
December
__
_ __
__ __
Monthly average
93
94
95
95
97
96
101
102
101
105
104
105
102
99
100
101
101
99
98
99
101
103
102
104
127
118
109
109
107
108
112
110
112
110
114
115
117
119
121
117
122
119
114
117
114
117
115
118
127
122
124
127
126
123
132
130
132
132
132
135
134
138
136
133
135
138
132
126
131
133
133
133
140
142
138
144
145
145
96
96
99
98
104
102
106
105
104
108
102
102
95
96
99
98
99
99
124
114
111
105
104
111
108
109
111
112
114
112
111
116
114
119
115
118
119
117
116
116
118
116
118
119
118
120
120
123
131
127
129
132
129
130
133
136
140
133
139
136
137
139
137
132
134
135
138
136
137
138
138
141
148
144
144
148
146
146
98
104
99
107
112
114
118
118
128
135
135
136
144
STOCKS
January
February
March
April
_ .
_
-
__
_ _ _ _ _ _ _
May
June
July
August
September
October
November
December
-
- _- -
_
_
- _
Monthly average.-
_ _
96
96
94
93
92
91
103
105
107
108
107
108
102
100
101
100
100
100
101
102
103
103
105
104
128
130
135
137
137
136
122
121
119
119
119
119
128
129
128
130
131
132
126
126
128
127
127
126
131
131
132
132
134
137
146
147
146
146
146
147
151
150
151
153
153
153
148
146
144
143
145
147
153
151
150
151
152
155
90
91
91
94
97
100
108
109
108
106
107
106
99
97
98
99
100
100
104
109
116
121
123
123
137
134
129
123
120
124
120
120
122
123
125
125
133
133
132
132
131
129
127
127
129
129
130
131
137
137
138
138
140
142
148
151
150
152
152
151
154
153
153
154
154
150
147
147
150
452
152
150
158
160
160
158
160
161
94
107
100
110
131
121
131
128
136
148
152
148
156
1. Revised beginning 1955, for the most part, to reflect current seasonal patterns. Earlier data containing scattered revisions are shown here for convenience of the user. Revised seasonally adjusted data for the Federal Reserve districts will be shown later.
Source: Board of Governors of the Federal Reserve System.
Indexes of Prices Received by Farmers, 1958-59: Revised Data for Page S-6 *
[1910-14=100]
Crops
All farm
products
Year and month
1958: January,
Februarv...
March
April
May.
June
Julv .
August
September
October
November
December
...
. .
__ _ _
Monthly average
Total
Commercial
vegetables
Cotton
Feed
grains
Food
grains
Livestock and products
Fruit
and hay
Oilbearing
crops
Potatoes
(including dry
edible
beans)
Tobacco
Total
Dairy
Meat
Poultry
products animals and eggs
Wool
241
246
257
256
256
250
215
219
232
236
231
224
273
305
337
295
252
208
231
211
220
236
246
246
143
145
149
159
161
164
219
221
225
225
222
199
185
200
226
256
262
279
228
225
230
234
233
234
172
204
269
256
197
167
476
475
475
474
474
474
264
269
278
273
276
273
268
264
254
239
231
228
306
320
336
340
352
349
174
172
187
175
173
169
265
244
234
207
203
217
251
250
254
249
247
244
222
224
226
220
217
213
192
173
184
201
226
213
260
281
292
281
273
256
163
160
157
149
143
151
192
192
196
201
201
199
271
290
299
262
241
216
228
230
217
212
210
214
163
138
124
112
124
126
474
478
485
499
498
504
275
272
279
275
273
270
239
249
264
271
272
269
348
337
341
334
330
329
167
165
171
162
161
155
213
213
201
203
198
196
250
223
238
253
154
208
249
225
171
482
273
254
335
169
216
244
243
244
244
244
242
213
216
219
223
228
229
254
256
251
252
237
205
239
243
258
267
272
277
152
154
155
161
163
163
199
202
205
205
205
199
209
213
215
212
221
223
218
221
223
225
230
228
129
122
117
134
202
281
499
505
505
508
508
509
271
266 |
265
262 |
258
253
264
258
250
241
233
231
330
324
329
336
338
330
160
158
153
136
125
125
194
194
200
220
240
241
July _ _ _ _ . _
August
-_
September
October
November
December.
241
239
240
235
231
230
226
220
220
218
217
218
211
203
220
230
242
262
289
281
280
274
260
254
161
159
156
149
150
149
199
201
198
203
206
206
206
210
228
213
197
198
222
214
204
208
216
215
232
162
146
147
168
174
508
511
511
509
499
494
253
255
257
250
243
240
242
252
267
277
280
273
316
314
308
292
276
268
140
139
143
138
139
148
248
249
244
235
230
234
Monthly average
240
221
235
266
156
202
212
219
168
506
256
256
313
142
227
1959: January
Februarv
March
April
Mav
June
_.
1. Revised beginning January 1958 to incorporate price revisions for individual commodities.
Source: U.S. Department of Agriculture, Agricultural Marketing Service.
BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in the 1959 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2.25) contains monthly (or quarterly) data for the years 1955 through 1958 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1955. Series added or significantly revised since publication of the 1959 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1958 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1959 issue. Except as otherwise stated, the terms "unadjusted'' and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
1960
January
February
March
April
June
May
July
DecemOctober NovemAugust September
ber
ber
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates: f
National income, total
_ _ bil. ofdoL.
402.8
414.4
419.4
419.3
Compensation of employees, total
do
Wages and salaries, total
_do
Private
do
Military
__do
Government civilian __
_ ___do__Supplements to wages and salaries . __ -do
281.6
261.5
215.6
9.8
36.1
20.1
290.2
268.7
222.1
9.9
36.7
21.5
295.0
273.1
225.5
10.0
37.6
21.9
297.2
274 9
226.0
10 1
38.8
22 3
295
273
223
10
39
22
2
2
6
3
3
0
Proprietors' income, total cf
do
Business and professionalcf
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
Inventorv valuation adjustment
__do
46.3
35.1
11.2
12.5
46.0
35.4
10.6
12.5
48.1
36 0
12.1
12.5
48
36
12
12
48
35
12
12
8
9
8
5
45.5
44.8
22.1
22.7
.7
48.0
48.8
23.8
25.0
— .8
45 3
45.7
22 3
23.4
— 4
42 2
41.5
20 3
21.3
7
3
1
2
5
do
16.9
17.8
18.5
19 1
do
486.4
501.3
505.0
503 5
319.6
43.5
149.6
126.6
323.3
44.2
150. 5
128.6
329.0
44 5
153.5
130 9
328 3
42 7
152 7
132 9
do. __
do
do
do
70.8
39.4
26.8
4.7
79.3
40.8
27.1
11.4
75.5
40.7
29.5
5.3
70 8
40 5
29 7
6
Net exports of goods and services
do _ _
Exports.. _ _- _ _ _
do.. _
Imports
do_ .
Government purchases of goods and services, total
bil. of dol. Federal (less Government sales)
__do
National defense?
do
State and local
do
-.4
23.5
23.9
1.2
25.2
23.9
2.0
26 4
24.4
37
27 3
23 5
96.4
52.5
45.5
43.9
97.5
51.8
44.9
45.7
98.6
51.7
44.7
46 9
Net interest- _.
Gross national product, total
Personal consumption expenditures, total. _ _ do
Durable goods
do
Nondurable goods...
__do
Services
_
do__ .
Gross private domestic investment, total
New construction
Producers' durable equipment
C hange in business inventories
100
52
45
48
19 4
7
7
1
0
Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income
do
do
do
389.0
46.5
342.4
396.2
49.2
347.0
404 2
50.0
354.1
408 0
50 5
357 5
Personal saving§
do
22.8
23.7
25 2
29 2
bil. of dol..
429.1
440.5
442.2
438 0
292.8
41.1
140.5
111.2
294.8
41.8
141.1
112.0
298.3
41.9
143 2
113.3
296 9
40 2
142 3
114.4
59.4
33.4
22.2
3.8
66.2
34.0
22.4
9.8
62 8
33 8
24.2
4.8
58 6
33 6
24 4
.6
—.1
.7
22
GNP in constant (1954) dollars
Gross national product, total
Personal consumption expenditures, total. ..do
Durable goods ._
do
Nondurable goods
do
Services
do
Gross private domestic investment, total
New construction
Producers' durable equipment
Change in business inventories
do
do...
do
do._
Net exports of goods and services
do ...
-1.5
-
-
Government purchases of goods and services, total
bil. of dol_.
Federal
do
78.5
79.6
80 3
80 3
42.3
41.8
41.8
41.2
36. 2
37.8
38.6
39.1
r
Revised.
t Revised series. Estimates of national income and product and personal income have been revised back to 1957; revisions prior to the 2d quarter 1959 (and prior to May 1959
for personal income) appear on pp. 8 ff. of the July 1960 SURVEY.
c? 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.
S-l
Januarr 1901
SUBVEY OF CUKEENT BUSINESS
S-2
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
1960
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
GENERAL BUSINESS INDICATORS—Continued
PERSONAL INCOME, BY SOURCE!
Seasonally adjusted, at annual rates:t
Total personal income
388. 7
393.9
395. 7
395.7
397.0
401.9
404.7
406.1
407.3
408.2
408.8
r 409. 7
Wage and salary disbursements total
do
Commoditv-producing industries, total
do
Manufacturing only
_ _
_
do
Distributive industries
do
Service industries
__ _ _ do
O overnment
do
Other labor income
__ _ _ do
Proprietors' income:
Business and professional
do
Farm
do
260.8
107. 0
84.5
69.1
38.8
46.0
10.5
265.0
110.4
87.6
69.4
39.1
46.1
10.5
268. 2
112.6
89.4
69.9
39.4
46. 3
10.6
268. 6
111.9
89.0
70.3
39.8
46.5
10.7
269. 3
111.6
88.8
70.8
40.0
46.9
10.8
271.7
112.1
88. 6
71.8
40.5
47.3
10.8
273. 6
113.3
89.5
72.0
40.7
47.6
10.9
274.0
112.9
89.2
72.2
41.1
47.8
11.0
275 1
112.8
88.7
72 4
41.3
48 5
11. 1
275 1
111.5
87.7
72 9
41.6
49 0
11.2
275. 0
111.2
87.5
72.7
41.9
49.2
11.2
274.8
110.9
87.2
72.5
42.0
49.4
11.3
35.1
11.2
35 2
12.3
35.5
11.3
35.5
10.4
35.4
10.1
35.7
11.7
36. 0
12.1
36 2
12.5
36.2
12 0
36.1
12 2
36.1
12.2
36.1
' 12.6
Rental income of persons
-- do_
Dividends
- - __do
Personal interest income
do
Transfer payments
do
Less personal contributions for social insur do
12.5
13.8
24.5
28.2
7.9
12.5
13.6
24.8
27.9
8.0
12.5
13.9
25.2
9.2
12.5
13.9
25.5
27 7
9.1
12.5
13.9
25 9
28.3
9.2
12 5
13.9
26.2
28.6
9.2
12.5
13.9
26. 5
28.4
9 3
12.5
13.9
26.8
28.5
9 3
12.5
13.9
27.1
28.7
9 3
12 5
14.0
27.4
29.1
9 4
12.5
14.0
27.5
29.7
9.3
12.5
14.1
27.6
30.0
9 3
373.5
377.4
380.2
381.2
382.7
385. 9
388.3
389 3
391 1
391 8
392.4
393 0
bil. of do!__
Total nonagricultural income
-- do__
r 409. 0
406.7
r
271 1
107.0
84.6
72 5
41.9
49 7
11 0
273. 6
T
109. 5
T
86. 2
r
72. 5
M2.0
r
49 6
T
11.1
T
35. 9
12 9
35 8
12 9
12 5
14. 1
27.6
30 5
9 2
12 5
14 0
27.7
30 8
9 2
392 1
389 9
1
r
r
r
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries
- bil. ofdol
8.99
7.89
9 28
8.98
9 59
2 7 84
3.09
1.55
1.54
3 76
1 88
1 88
3.62
1.80
1 81
3 98
1 °>7
2 oi
3 14
1 53
1 61
26
'24
46
Durable goods industries
Nondurable goods industries
do
do
3.57
1.74
1.83
Railroads
Transportation other than rail
Public utilities
Commercial arid other
do
do
do
do
27
.22
.55
1.51
2.87
.22
.25
.47
1.18
2.68
27
29
55
1 42
2 99
.25
.24
.47
1 50
2 91
33. 60
35.15
36 30
35. 90
12. 85
6. 15
6.70
14.10
7. 15
6.95
14 70
7 40
7 30
14 65
7 35
7 30
1. 05
. 85
2.15
5. 50
11. 20
1.00
1. 00
2.00
5.75
11.35
1.05
1.10
2 15
5 70
11 60
1.00
1.00
1 90
5 60
11 75
1.0
1.0
1.0
18
5 9
.7
1 6
5 7
11 7
Seasonally adjusted quarterly totals at annual rates:
Ml industries
bil ofdol
D nhl nod'? industries
V -H
hi ' or! "" r1 t~ips
~
Mining
Railroads
Transportation other than rail
Public uti^'ties
do
do
do
do
do
do
1
9
2
16
38
1 64
3 01
2 76
35 6
2 34 9
14 3
6 9
7 4
14 3
7 1
117
T
18
FARM INCOME AND MARKETINGS^ 1
Cash receipts from farming, including Government
payments total
- mil. ofdoL
Farm marketings and CCC loans, total
do
Crops
_do _
Livestock and products total 9
do
Dairy products
do
ATeat animals
do
Poultry and egps
do...
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1947-49 = 100
Crops
_ - _- - -do_ _ .
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
_
1947-49 = 100-Crops
- - do
Livestock and products
_ do
3, 669
3,046
2,747
2,093
2, 169
2,211
2, 316
2,509
2,754
3,023
3, 390
4,300
3 768
3, 528
1,928
1, 600
375
944
268
2.993
1,535
1, 458
388
793
256
2, 696
1,246
1, 450
381
834
208
2, 059
689
1,370
368
776
200
2,150
583
1, 5t'7
406
906
236
2, 199
675
1,524
399
824
268
2,298
072
1,626
431
894
265
2, 464
905
1, 559
413
875
246
2, 687
1. 236
1 451
399
779
256
2,991
1,413
1 578
384
911
268
3, 368
1, 730
1,638
378
955
290
4,000
2, 170
1,830
394
1,077
335
3, 712
1 991
1 721
145
180
117
123
143
106
111
116
106
85
64
101
88
54
115
90
63
112
94
63
119
101
84
114
110
115
106
123
132
116
138
161
120
164
202
134
152
169
204
144
142
156
132
131
134
128
100
74
120
98
53
131
98
59
128
104
58
138
116
90
135
128
132
126
143
149
138
157
177
142
189
233
155
910
380
qqO
326
186
196
172
144
INDUSTRIAL PRODUCTION t
Revised Federal Peserve Index of Quantity Output
Unadjusted, total index (including utilities) t
1957=100By industry:
Manufacturing, total
do
Durable manufactures
do
Nondurable manufactures
do
M in in £
do
Utilities
do
By market grouping:
Final products total
Consumer goods
Automotive and home goods. _
Apparel and staples
Equipment, including defense
Materials
_
Durable goods materials
Nondurable materials
_
_ _
104
107
111
111
111
.110
109
109
103
107
108
"•110
106
P 102
104
97
113
96
107
107
107
98
111
111
111
97
112
112
112
96
111
110
113
95
110
108
114
97
110
107
115
97
110
106
116
98
103
99
109
94
106
98
117
98
108
102
117
98
110
106
p 101
do
do
do
do
do
106
109
101
112
100
106
108
111
108
103
111
115
124
112
104
112
115
126
112
104
112
114
122
112
106
111
115
120
113
104
111
115
120
113
105
112
116
121
115
104
107
110
104
111
115
99
121
101
112
117
110
119
102
do
do
do__
102
94
109
108
107
108
110
110
111
110
111
110
108
112
109
106
112
108
105
111
107
104
in
1 04.
1 n^
100
i in
111
H9
102
100
96
104
97
iin
r 103
r H9
r 9§
r 1 91
123
r
r
IAA
r 114
r qft
p 1 07
r 11 A
1 9O
101
'101
no
r 1 1A
pioo
p
98
p 91
r
Revised.
p Preliminary.
1 Estimates for October-December 1960 based on anticipated capital expenditures of business.
2 Estimates for January-March 1961 based on anticipated
capital expenditures of business. Anticipated expenditures for the year 1960, and comparative data for 1958-59, appear on p. 5 of the December 1960 SURVEY
"
tiuyaitu
JSee note marked "t" on page S-l.
cf Revised beginning 1958; revisions prior to May 1959 will be shown later.
9 Includes data not shown separately
* i!?e^mend/erie!' i ?°J fif-rf ba? ^ Jan.uary 1955 for total and summary groups (seasonally adjusted), seep. 6 of the January 1960 SURVEY; for other information and earlier figures back
to 1947 (1919 for total industrial production, including utilities), see the December 1959 Federal Peserve Bulletin and the separate Federal Reserve publication "Industrial Production- 1959
Revision" (available from the Board of Governors of the Federal Reserve System).
'
^
. -L^
SURVEY OF CURRENT BUSINESS
•Tanuiu-y 1901
1959
Unless otherwise stated, statistics through 1953 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-3
1960
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Revised Fed. Reserve Index of Quantity Output—Con.
Seasonally adjusted, total index (including utilities) f
1957=100..
By industry:
Manufacturing, total
do_ _ _
Durable manufactures 9
Primary metals
Iron and steel
Fabricated metal products
Structural metal parts
103
109
111
110
109
109
110
109
110
108
107
••106
102
109
112
110
110
109
110
110
110
108
107
106
96
79
76
95
91
107
114
119
105
100
111
115
119
109
104
109
110
114
108
104
108
106
109
107
102
106
99
100
104
101
107
94
92
108
104
105
88
84
108
106
106
85
80
109
107
104
83
76
108
107
102
80
72
106
105
101
78
73
r
105
104
- do__ _
do
- --do __
104
102
108
108
103
115
110
104
118
108
103
115
108
104
115
107
102
114
109
104
115
109
105
114
110
107
114
107
103
113
105
101
112
"•102
100
'105
do
do
do
79
63
91
93
94
90
108
127
88
107
126
88
104
118
89
102
115
89
106
120
92
102
120
84
102
113
90
101
114
88
102
115
89
'103
r
116
r
89
r 103
do
- do
__do__
do
do
119
110
112
118
111
120
111
115
120
111
118
110
115
121
112
117
110
115
119
111
119
106
120
111
110
124
115
121
114
109
123
117
121
114
111
124
117
192
r 119
112
102
121
115
118
109
103
118
109
r
116
114
117
110
114
122
113
111
111
125
104
109
112
111
126
105
113
113
112
124
106
115
112
111
122
98
113
112
111
124
99
112
113
110
127
99
113
115
113
127
104
113
116
115
127
104
112
116
113
128
103
112
115
111
127
103
112
108
104
117
123
105
109
107
118
124
102
109
106
119
125
104
109
105
118
124
102
108
104
119
126
103
109
106
122
126
107
111
108
123
128
107
112
109
125
132
111
112
108
125
131
115
117
109
109
111
115
122
109
109
110
115
do
do.
do
do
- --do
Machinery
Nonelectrical machinery
Electrical machinery
Transportation equipment 9
IVTotor vehicles and parts
Aircraft and other equipment
Instruments
and related products
Clay irlass and stone products
TvUinber and products
Furniture and fixtures
A<Tiscellaneous manufactures
Textile mill products
Apparel products
Ij°atber and products
Paper and products
do
do __
do
do_ __
Printing and publishing
do
Chemicals and products
Industrial chemicals
Petroleum products
.-
-- --do
- do_
do.
no
119
109
100
117
'113
r
105
v 103
104
p 103
r gg
r 74
68
102
101
P 9Q
p 71
P 65
P 100
P 97
102
98
108
P 100
P 95
p 108
r
r
r
r
r
r
97
90
107
95
116
110
p 93
p 97
P 89
P 116
p 103
p 113
p 108
113
106
122
97
112
113
104
122
101
112
112
102
123
113
108
124
131
112
112
107
121
127
111
113
108
121
125
109
114
108
121
P 112
106
P 102
117
110
109
111
111
115
109
109
109
114
111
110
109
110
r
p 112
109
r
113
107
107
105
111
116
107
108
104
115
118
109
109
109
114
117
107
107
106
108
115
108
108
106
113
115
108
108
106
116
114
112
115
Minin^
do...
Coal to
Crude oil and natural gas
do
Crude oil
._. to ...
Metal mining
_ _ _ _ __ _ .. to __
Srone and earth minerals
to.
_
96
87
100
99
68
110
98
94
100
98
80
113
98
91
99
98
87
108
96
84
'98
97
95
106
96
86
96
96
104
101
98
87
97
97
106
115
97
86
96
96
103
114
97
78
99
99
97
116
98
78
100
100
94
118
98
80
100
100
96
116
96
77
99
99
92
114
97
81
99
99
88
116
' 97
76
99
r
98
100
112
PF 96
79
P 98
Utilities
Electric
Ga^
do
- --do
_ _ d o _ _-
118
118
117
120
119
122
120
119
124
121
120
125
124
123
126
123
122
125
122
121
125
124
123
124
125
124
126
126
127
127
126
195
' 126
P 196
do_ _
do
-. do _
106
109
100
109
113
114
112
116
125
110
113
119
110
113
114
111
11,"
117
112
117
121
112
117
121
112
116
116
111
115
115
110
114
114
«• 111
110
113
115
r HI
p 108
p 112
•p 108
\utomotive products
Autos
Auto parts and allied products
do
do
do
73
48
111
99
87
117
122
125
117
114
113
116
117
IK)
119
1°1
192
119
121
123
118
114
108
122
115
114
118
r H7
134
117
121
123
118
r 112
119
113
P 104
P 97
Home goods 9
Appliances, TV, and radios..
Furniture and rugs
_
do
do
do
121
126
120
124
133
122
123
130
122
117
117
118
114
112
114
117
115
121
191
120
193
120
118
122
117
113
118
114
108
119
112
105
119
110
'103
115
111
106
115
do
do
do_ __
do.
112
119
110
107
112
120
110
107
113
118
112
109
112
116
110
107
113
118
112
108
114
120
113
108
115
122
113
109
115
121
114
110
116
121
115
110
115
119
114
110
114
113
114
110
r H5
114
114
114
108
Beverages and tobacco .
do.__
Drugs, soap, and toiletries ... _ -.do
Newspapers, magazines, and books__do
Consumer fuel and lighting. .
do_ _
107
114
109
116
107
114
109
116
111
115
110
117
106
114
109
117
108
115
110
119
110
118
112
120
112
120
113
118
112
122
113
120
111
122
116
122
111
120
115
123
112
119
116
123
do
clo.
do
...do
do
do
101
102
102
112
93
106
102
104
104
113
96
105
103
106
104
114
106
109
102
105
104
113
103
97
104
105
104
115
102
93
102
104
102
115
101
89
104
106
104
117
105
89
103
105
103
120
99
89
104
106
104
121
101
88
103
105
103
121
95
83
103
105
101
190
101
87
do
do
do__
do
_ do. _.
100
93
76
102
101
109
107
107
106
107
110
110
121
107
109
109
109
120
107
108
108
107
117
106
105
108
105
110
104
109
107
105
115
104
110
106
10°
115
98
110
106
101
110
102
110
105
100
106
101
109
104
99
112
97
106
Nondurable materials 9
Business supplies
Containers
General business supplies
do
do. _
do__ _
do...
108
109
107
110
111
112
113
111
110
111
111
111
110
110
111
109
110
109
109
109
110
109
108
110
110
110
107
112
111
111
108
113
112
113
113
113
111
111
111
112
109
110
108
111
109
110
107
111
Business fuel and power 9
Mineral fuels _
Nonresldential utilities
do
do
do _ .
101
97
114
104
99
117
104
98
118
103
96
119
103
96
121
103
97
120
109
103
103
97
120
104.
1 aq
OK
r 10*}
123
121
Rubber and plastics products
Foods pnd beverages
Food manufactures
Bevera (r es
Tobacco products
.
do
do
-- do__
__ _ _ l o _ _
-do.
By market grouping:
Final products total
Consumer °'oods
Automotive and home goods
Apparel and staples
Apparel, incl knit goods and shoes. .
Consumer staples 9
-Processed foods
-
Equipment, including defense 9
Business equipment
Industrial equipment
Commercial equipment
Freight and passenger equipment
Farm equipment
Materials
Durable goods materials 9 _ _ Consumer durable
_
Equipment
Construction _ _
' Revised.
* Preliminary.
fSee corresponding note on p. S-2.
9 Includes data not shown separately.
96
120
T
97
121
QO
122
no
r 111
' 111
r H5
114
T 115
r HO
109
109
109
116
P 113
P 113
113
r 122
'115
118
117
122
103
T 102
r 105
T 1Q4
99
121
103
86
101
120
99
90
r
103
97
103
98
r 105
v i on
p 101
1 01
T CM
P 91
94
QQ
101
' 109
110
1 07
112
P109
SURVEY OF CURRENT BUSINESS
S-4
January 1961
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1960
Novem- December
ber
January
February
March
April
May
June
July
DecemAugust SeptemOctober N ovember
ber
ber
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES§
Mfg. and trade sales (seas, adj.), total
Manufacturing total
Durable goods industries
Nondurable goods industries
Wholesale trade, total
Durable goods establishments
Nondurable goods establishments
Retail trade total
Durable goods stores
59.1
60.9
61.6
62.2
61.3
62.6
61.9
61.8
60.9
60.7
60.3
••60.3
59.8
29.0
13.5
15.5
12.3
4.6
7.7
17.8
5.7
12.2
30.8
15.0
15.8
12.7
4.7
7.9
17.5
5.3
12.2
31.1
15.4
15.7
12.4
4.7
7.7
118.1
5.9
12.2
31.6
15.7
15.9
12.5
4.7
7.8
18.1
6.0
12.1
30.8
15.2
15.7
12.2
4.5
7.8
18.2
5.9
12.3
31.0
15.0
16.0
12.6
4.7
7.9
18.9
6.3
12.6
31.0
15.1
15.9
12.4
4.5
7.9
18.5
6.1
12.4
30.8
14.9
15.9
12.5
4.5
8.0
18.5
6.0
12.5
30.4
14.7
15.7
12.3
4.4
7.9
18.1
5.7
12.4
30.1
14.4
15.7
12.3
4.5
7.9
18.2
5.8
12.4
30.1
14.4
15.7
12.2
4.3
7.8
18.1
5.8
12.3
29.6
14.1
15.5
4.3
'7.9
18.5
6.1
12.4
29.2
13.7
15.5
12.2
4.3
7.9
18.4
6.0
12.4
88.4
89.4
90.5
91.4
92.3
92.6
93.2
93.5
93.4
93.3
93.1
'92.9
92.8
51.6
29.3
22.3
52.4
30.1
22.3
53.3
30.8
22.5
53.9
31.3
22.6
54.3
31.8
22.6
54.7
31.9
22.7
55.0
32.' 1
22.9
55.1
32.2
22.9
54.9
32.0
22.9
55.0
32.1
22.9
54.7
31.8
22.9
r 54. 4
31.4
'23.0
54.1
31.1
23.0
12.6
6.5
6.1
24.2
11.0
13.2
12.6
6.6
6.1
24.3
11.0
13.3
12.7
6.6
6.1
24.5
11.3
13.2
12.7
6.7
6.1
24.8
11.6
13.2
12.8
6.8
6.1
25.1
11.6
13.5
12.9
6.8
6.1
25.0
J1.6
13.3
13.1
6.9
6.2
25.2
11.8
13.4
13.0
6.9
6.1
25. 3
11.8
13.5
13.0
7.0
6.1
25.4
11.9
13.5
13.1
7.0
6.1
25.2
11.7
13.6
13.1
6.9
6.2
25.3
13.2
6.9
6.3
'25.4
'11.9
' 13.5
13.2
6.8
6.4
25.6
12.1
13.5
28, 530
30, 630
29, 740
30, 290
32, 470
30, 820
30, 840
31, 560
27, 890
30, 750
31, 100
' 31, 060 29, 640
13, 305
1,907
1,147
1,527
4,521
1,973
15, 240
2,700
1,890
1,620
4,870
2,080
14, 720
2,670
1, 850
1, 540
4,400
1,850
15, 110
2,540
1,670
1,570
4,690
1,890
16,080
2,690
1, 750
1,700
5,070
2, 050
15, 150
2,310
1,470
1,680
4, 830
1,880
15, 230
2,250
1,400
1, 730
4, 790
1, 880
15, 610
2,190
1,340
1,810
5,030
2,040
13, 050
1,780
1,100
1,630
4,250
1,700
14,090
1,970
1,180
1,890
4,640
1,970
14, 580
1,960
1, 160
1,830
4,870
2,110
' 14, 710 14, 060
1, 800
1,910
1, 050
1,140
1,510
1,680
' 4, 760 4, 510
1,940
' 2, 100
--do
__do
do__ _
do
do
do
do
do
do
_ do
-do
do_
__do
do
do
do
do
- do
do
do
__ do
do
do
do
-do
_ do. _
do
do
do
do
do
2,701
1,373
897
652
15, 225
4,585
441
1,256
974
2,120
3, 103
439
28, 972
13, 479
1, 956
1,182
1,623
4,717
1,956
2, 514
1,167
922
662
15, 493
4,643
443
1,209
994
2,236
3,183
482
3,480
2,010
840
650
15, 390
4,590
420
1,220
990
2,180
3,350
480
30, 790
15,010
2,800
1,980
1,760
4,720
1,950
2,970
1,590
910
730
15, 780
4,700
410
1,260
1,060
2,380
3,100
500
3,670
2,450
810
620
15,010
4,440
350
1, 200
990
2,200
3,200
520
31,110
15, 450
2,730
1,900
1, 700
4,800
2, 020
3,470
2,130
870
750
15, 660
4,780
400
1.260
1,010
2,260
3,080
530
3,760
2,440
850
640
15. 180
4,430
370
1.230
1,010
2,220
3,070
520
31, 580
15. 670
2, 690
1,800
1,720
4,840
1,990
3,570
2.220
920
770
15, 900
4,720
430
1, 260
1,070
2,380
3, 130
570
3, 860
2, 480
910
690
16, 390
4,820
400
1,260
1,100
2,430
3,290
520
30, 840
15, 170
2, 540
1, 660
1, 690
4,750
1,990
3,460
2,110
880
700
15, 670
4,710
420
1,200
1, 050
2,300
3,160
510
3,570
2, 260
900
740
15, 670
4,540
370
1,180
1,040
2,450
3,130
540
31, 030
15, 000
2,310
1,470
1,690
4,830
2,010
3,360
2,040
930
750
16, 020
4,720
390
1,260
1,030
2,380
3,260
530
3, 640
2,310
920
790
15, 600
4,650
420
1, 190
1, 050
2,470
3, 020
550
30, 990
15, 060
2,240
1,400
1, 750
4,780
1,940
3,490
2,210
940
750
15, 920
4, 630
400
1,290
1,040
2,350
3,180
550
3, 660
2,260
950
820
15, 950
4,800
430
1, 250
1,070
2,390
3, 150
560
30, 780
14, 880
2,010
1,180
1,760
4,740
1,950
3.600
2,290
910
760
15, 890
4,630
400
1, 270
1,050
2, 350
3,180
520
2,910
1,730
770
730
14, 840
4,570
390
1,050
980
2,100
3,110
480
30, 440
14, 730
2,110
1,300
1,730
4,770
1,940
3,410
2,140
870
750
15, 720
4, 630
380
1,230
1,080
2,300
3,190
480
2,620
3,040
1,460
1,740
970
900
830
800
16, 670
16, 520
4,880
5,010
450
410
1,300
1,290
1,150
1,130
2,400
2,450
3,260
3,160
510
500
30, 150 ' 30, 090
14, 420 ' 14, 410
1,980
1,920
1,180
1,140
1,700
1,650
4,700
' 4, 660
1,930 r 1, 940
3,350
3,570
2,150
2,280
870
810
730
730
15, 720
15, 670
4,660
4,690
410
390
1,200
1,200
1,090
1,090
2,330
2,300
3,170
3,200
480
510
' 3. 540
' 2, 330
860
780
' 16, 350
' 4, 970
400
' 1, 280
' 1, 100
' 2, 360
' 3, 160
530
' 29, 600
' 14, 080
1,790
1,060
1, 530
r 4, 590
' 1, 930
' 3, 630
' 2, 420
780
700
' 15, 520
4,700
390
' 1, 150
' 1, 040
' 2, 260
' 3, 230
490
do
do
do
do
do
do
do
do
do
do
do
51, 782
29, 431
4,116
2,411
2,860
9,703
3,626
7,114
2,997
1,834
1,296
52, 880
30, 260
4,310
2,580
2,960
9,880
3,690
7,380
3,200
1,860
1,340
53, 660
30, 860
4,300
2,560
3,070
10, 140
3,760
7,520
3,270
1,890
1,380
54, 200
31, 450
4, 350
2,540
3,230
10, 360
3,870
7,620
3,350
1,880
1,420
54, 700
32, 060
4,400
2, 540
3,370
1C, 570
3,940
7,720
3, 370
1,890
1,480
54, 770
32, 140
4,450
2,580
3,420
10, 660
4,000
7,590
3,270
1,880
1,480
54, 970
32, 250
4,540
2, 670
3, 460
10, 760
4,090
7,420
3,170
1,880
1,480
54, 880
32, 180
4,580
2,710
3,460
10, 720
4,120
7,280
3,100
1,920
1,460
54, 400
31, 750
4,640
2,760
3,390
10, 560
4,060
7,050
3,010
1,930
1,440
54, 480
31, 730
4,710
2,820
3,310
10, 480
4,040
7,160
3,120
1,940
1,400
54, 260
31, 570
4,700
2,830
3,190
10, 400
4,040
7,260
3,320
1,900
1,400
' 54, 340 54, 220
' 31, 400 31, 140
4,680
4,710
2, 810
2,840
3, 050
' 3, 120
' 10, 330 10, 300
' 3, 980 3,950
7,180
7,280
' 3, 300 3,210
1,890
' 1, 920
' 1, 390 1,390
8.3
11.8
9.3
22, 351
5,098
1,923
2,451
1,466
4,000
3,398
1,114
8.5
12.1
9.6
22, 610
5,010
2,040
2,510
1,510
4,080
3,360
1,160
8.5
12.4
10.0
22, 810
4,940
2,100
2,600
1,530
4,090
3,340
1,170
8.6
12.5
10.4
22, 750
4,850
2,060
2,670
1,560
4,140
3,270
1,180
8.6
12.7
10.8
22, 640
4,710
2,020
2,730
1,580
4,160
3,220
1,210
8.5
12.7
10.9
22, 640
4,670
1,990
2,760
1,590
4, 140
3,220
1,220
8.5
12.7
11.1
22, 720
4,690
1,940
2,780
1, 600
4,080
3,270
1, 210
8.6
12.6
11.0
22, 700
4,660
1,870
2,750
1,600
4,110
3,280
1,200
8.6
12.3
10.8
22, 660
4,720
1,830
2,720
1,610
4,100
3,320
1,180
8.6
12.5
10.6
22, 750
4,930
1,850
2,660
1,620
4,100
3,350
1,180
8.3
8.5
8.5
12.4
12.4
12.5
10.5
10.5
10.5
22, 690 ' 22, 940 23, 070
5,270
' 5, 240
5,060
1,930 ' 2, 020 2,000
' 2, 530 2,570
2,570
1,620
1,600 '1,610
' 4, 090 4,160
4,030
3,440
'
3,
420
3,390
1,120
1,160 ' 1, 130
bil. of doL.
- -
do
do
do
do
_- do
do
- do
do
Manufacturing and trade inventories, book value, end
of month (seas, adj.), total
bil. ofdol..
Manufacturing total
Durable goods industries
Nondurable goods industries
-- do
do
do
Wholesale trade total
- do
Durable goods establishments
do
Nondurable goods establishments
do
Retail trade total
do
Durable goods stores
do_ _
Nondurable goods stores
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales value (unadjusted), total
mil. ofdol.Durable goods industries, tota!9 Primary metal
Iron and steel
Fabricated metal
Machinery (including electrical)
Electrical
do
do
do_ _
do
__ _ _ _ _ d o
do
Transportation equipment
Motor vehicles and parts
Lumber and furniture
Stone clay and glass
_
Nondurable goods industries, total?
Food and beverage. _
Tobacco
Textile
Paper
Chemical
_
Petroleum and coal
Rubber
Sales, value (seas, adj ), total
Durable goods industries, total 9
Primary metal
_
Iron and steel
Fabricated metal
_
Machinerv (including electrical)
Electrical
_ _
Transportation equipment
Motor vehicles and parts
Lumber and furniture
Stone, clay, and glass
Nondurable goods industries, total 9
Food and beverage. __ __
Tobacco
_
Textile
Paper
Chemical
_
Petroleum and coalRubber
_
Inventories, end of month:
Book value (unadjusted) total
Durable goods industries total 9
Primary metal
Iron and steel
Fabricated metal
Machinery (including electrical)
Electrical
Transportation equipment
M^otor vehicles and parts
Lumber and furniture
Stone clay and glass
By stages of fabrication:
Purchased materials
Goods in process
-
_
_
bil of dol
do
Nondurable goods industries, total 9 --mil. of dol.
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
By stages of fabrication:
do
do
do
do
do
do
r 11.8
13.6
' 12.2
3,620
2,280
800
710
15, 580
4,780
420
1,220
1,040
2,180
3,120
470
29, 240
13, 750
1,790
1, 050
1,530
4,540
1,870
3,320
2,000
800
700
15, 490
4,720
420
1,150
1,050
2,240
3,140
500
8.9
8.8
8.8
8.7
8.9
9.0
9.1
9.2
8.9
9.2
9.3
9.0
9.3
'3.1
3.2
3.1
3.1
3.2
3.2
3.2
3.1
3.1
3.1
3.0
3.0
3.0
Goods in process
do
11.1
Ml. 1
10.8
10.6
10.9
10.6
10.4
10.4
10.7
10.4
10.5
10.4
10.4
Finished goods
do
§ The term "business" here includes only manufacturing and trade. Business inventories as shown
' Revised.
1 Beginning January 1960, data for Alaska and Hawaiiare included.
Unadjusted data for manufacturing are shown below; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
on p. S-l cover data for all types of producers, both farm and nonfarm.
9 Includes data not shown separately.
SURVEY OF CUEEENT BUSINESS
January 1961
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-5
1960
Novem- December
ber
January
February
March
April
May
June
July
August
Septem- October
ber
Novem- December
ber
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
inventories, end of month— Continued
Book value (^eas a d j ) total
mil. of dol
51, 625
52, 430
53, 310
53 900
54, 340
54, 660
54 950
55 100
54 900
54 980
54 710
»• 54 380
54, 040
do
do
do
do do
do
29, 347
3 986
2. 253
2,918
9, 731
3,639
30, 080
4 120
2,390
3, 050
9,920
3,730
30, 760
4 200
2 460
3, 130
10 180
3, 820
31
4
2
3
10
3
260
320
540
230
320
900
31,770
4 450
2, 610
3,330
10, 480
3, 940
31, 920
4 630
2 770
3,320
10 530
3,960
32 070
4 700
2 840
3, 350
10 600
4 000
32 230
4 800
2 950
3, 340
10 640
4, 040
32 050
4 750
2 870
3, 330
10 580
4, 040
32 080
4 710
2 820
3, 340
10 590
4,080
31 840
4 640
2 740
3, 270
10 530
4, 060
^31 430
4 570
2 680
3, 180
r
10 440
r
4 010
31, 040
4 52')
2, 630
3, 120
10, 320
3, 960
Transportation equipment
- do
Motor vehicles and parts
- - __do _
Lumber and furniture
do _
Stone clay and glass
do
By stapes of fabrication:
Purchased materials
foil,
of dol
Cloods in process
do
Finished a oods
- - do
6, 928
2,811
1, 861
1,336
7,180
3,040
1,870
1 , 360
7,380
3,100
1,910
1,370
7,530
3, 190
1,870
1 380
7, 640
3, 260
1,860
1, 420
7,580
3,260
1, 850
1 420
7,520
3, 260
1 850
1 430
7,460
3,280
1,890
1 440
7,340
3,280
1,900
1 440
7, 360
3,300
1,920
1 440
7,240
3, 320
1 940
1 460
8.6
12.1
12.3
9.7
9.9
8 7
12 5
10.1
8.8
11.8
12.7
10.4
88
12.6
10.5
88
12 7
10 6
8 7
12.8
10.7
8 6
12 6
10.8
8 6
12 6
10.9
8 4
12 4
11.0
Nondurable goods industries, total 9 --mil. of dol__
22, 278
22, 340
22, 550
22, 640
22, 570
22, 730
22, 880
22, 870
22, 850
22, 900
4,814
1, 942
2, 542
1, 496
4,041
3, 283
1.120
4, 790
1,980
2, 530
1, 510
4,030
3,320
1,140
4,810
1,980
2, 580
1,530
4, 030
3,410
1,140
4,820
1,950
2 650
1,540
4, 050
3,400
1, 140
4,820
1, 950
2, 670
1, 540
4, 060
3, 330
1, 160
4, 850
1,950
2 7^0
1, 550
4 080
3, 350
1, 190
5, 000
1, 960
2 710
1,580
4 080
3, 340
1 180
4,990
1, 950
2 700
1,590
4, 110
3,300
1,200
4,940
1,940
2 690
1, 610
4,140
3,290
1,230
4, 950
1,940
2 670
1, 630
4,180
3,290
1,240
9.1
3.1
Durable roods industries total 9
Primary metal
Iron and steel
Fabricated metal
Machinery (including electrical)
Electrical
Food and beverage
Tobacco
Textile
Paper
_Chemical
Petroleum and coal
"Rubber
By stages of fabrication:
Purchased materials
Goods i n process
Finished goods
-
-
8.1
9.4
- - do. _
-_-do
do
- _ ~ d o ..
do do
do
8.9
9.1
3.0
7 000
3, 030
1 920
1, 440
83
12 2
10 9
12.1
10.9
22, 870
r 22, 950
22, 990
4 980
2, 000
2 640
1,640
4 160
3, 260
1 200
5 010
2 030
2 640
1 650
4 180
3, 280
1 160
4,970
2, 020
2 660
1, 660
4, 200
3, 320
1,120
r 8 9
8.9
31
11 0
3. 1
11.0
r
r
8.0
3. 1
10.3
8.9
3.0
9.0
3.0
10.5
10. 5
9.1
3.1
10.5
3.2
9.0
3.2
10.5
9 1
3. 1
10 6
91
10.4
10 6
10 6
10 7
89
31
10 9
mil. of dol
28, 559
30, 610
29, 100
29, 650
31, 750
29, 700
30 210
31,480
27 910
30, 560
31 050
r 30 040
28, 730
- - do
do
13,299
2,149
1, 361
1 596
4,282
1,740
15, 070
2, 700
1,810
1,610
4, 880
1, 960
14,060
2,290
1.450
1,520
4, 420
1, 760
14, 560
2, 320
1 420
1 540
4,810
1,890
15, 450
1,780
14, 100
1 680
14 590
1 990
1 190
1 720
4 730
1,840
15, 520
1, 840
1 070
1 710
5, 240
2,370
13 170
1 670
1 000
1 640
4 390
1,860
14, 100
1,800
1 020
1 890
4,620
2,040
14 630
1 890
1 130
1 7^0
4' 880
2,320
r
13, 200
1 780
1 O'?0
1 420
4, 180
1, 750
foil,
of dol
- - _ _ _ _ _ do
do
New orders net (unadjusted) total
8.3
100
130
96')
460
7
3,
* 1
1
r
Durable goods industries, total 9
Primarv mctnl
Fib ' n t ^ r l mntil
do
Machinery (including electrical)
_ do
Electrical
-- ~ - - do _
Transportation equipment (including motor vehicles)
_
mil. of dol_ .
9.1
3.0
960
1, 630
5, 130
2, 100
920
1 680
4,820
1, 840
13 800
1 710
990
r 1 A9O
r 4 450
1 870
2,611
3,550
3, 320
3,340
4, 050
3,210
3,390
3,800
2,820
2,900
3,310
do
_ _ do _.
do
15,260
3, 446
11,814
15, 540
3, 560
11,980
15, 040
3,320
11,720
15, 090
3,300
11,790
16,300
3, 530
12, 770
15 610
3, 370
12, 240
15 620
3 460
12, 160
15, 960
3, 520
12, 440
14 730
3,010
11, 720
16, 460
3,490
12, 970
16 420
3 570
12, 850
T
do
29, 222
30, 740
29, 830
30, 590
30, 290
30 350
30 470
30, 110
29 190
30, 010
30 400
Durable goods industries, total 9
- - do
Primary metal
_
do _
Iron and steel
- - do
Fabricated metal
_
do_
Maehincrv (including electrical)
_
_ do _
Electrical
_ do
Transportation equipment (including motor vehicles)
- mil. of dol -
13, 721
2,141
1,338
1,818
4,673
1,927
14,770
2,680
1, 820
1, 670
4,870
1,930
14, 190
2, 230
1,400
1,610
4, 630
1,900
14,800
2,200
1,300
1,610
4,840
1,920
14, 640
1,720
14 470
1,810
14 680
1 960
1 150
] 700
4 750
1 880
14, 340
1,780
13 840
1,890
1 170
1,590
4 520
1,890
14, 410
1,840
1, 050
1,740
4,810
2,210
14 6°0 r 1 3 74.0
l' 850 r J Q4()
1 120
1 540 r -t 480
4 750
2 230
13 470
1, 760
1 030
1, 500
4 490
1, 820
2,303
2,800
3, 150
3, 500
3,680
3,490
3 520
3,460
3,200
3,330
3 820
Nondurable goods industries, total _
Industries with unfilled orders ©
Industries without unfilled orders 1
15, 501
3,377
12, 124
15,970
3, 750
12,220
15, 640
3,430
12, 210
15, 790
3,390
12, 410
15, 660
3, 400
12,260
15, 880
3 330
12 550
15 790
3 420
12 370
15, 770
3,430
12, 340
15, 350
3 170
12, 180
15,-610
3,390
12, 220
15 780
3 580
12' 200
15 520
3 370
12 150
Nondurable goods industries, total
Industries with unfilled order^ ©
Industries without unfilled orders f
New orders net (seas adjusted) total
do ___
do
_ __do_ _
•Unfilled orders, end of month (unadj.), total
do
Durable goods industries, total 9
_
do__
Primary metal
_
_
_ . _ _
__
_ do. _
Iron and steel
do
Fabricated metal
_
do
Machinery (including electrical)
do
Electrical
_
- ...
__.do__ Transportation equipment (including motor vehicles)
_
_
mil. of do!
Nondurable goods industries, total 0
do. _ _
number .
INDUSTRIAL AND COMMERCIAL FAILURES^
Failures total
number
Commercial service
Const ruction
Manufacturing and mining
Retail trade
Wholesale trade
Liabilities (current), total
__ __ _
thous. ofdol
do
do
do
do
do
Failure annual rate (seas. adj.). No. per 10,000 concerns.
and
ber)
data for Hawaii are available upon request.
577724 °—61
4
.
1,680
4,690
2,030
r 90 91 H
28 990
r ^ fiQfl
3 080
51, 490
50, 850
50, 210
49, 490
48, 380
47 750
47, 680
47, 690
47, 500
47 450
45 520
48, 130
6, 760
5,240
3,330
17, 790
9,980
47, 460
6,390
4,840
3,310
17,810
9,900
46, 910
6,180
4,580
3, 270
17, 920
9,900
46, 280
5,270
3, 790
3, 200
17, 980
9,950
45 230
4 640
3 240
3 200
17 970
9 900
44
4
3
3
17
9
590
380
040
180
910
860
44, 500
4,030
2,770
3,080
18 120
10, 190
44 620
3 920
2 670
3 100
18 260
10 350
44 640
3, 740
2 500
3, 100
18 240
10, 430
44
3
2
3
18
10
42
3
2
2
17
10
15, 653
15, 730
15, 380
14, 960
15, 160
14 800
14 550
14, 690
14, 600
14, 890
15 160
3,208
3,360
3,390
3,300
3,210
3 150
3 170
3 180
3 070
2,860
2 770
13, 015
16, 456
18, 189
14, 669
17, 437
15, 446
15, 530
16, 676
14, 676
14, 993
14, 007
1,130
1 080
1 181
1 214
1 335
1 370
1 ^73
1 334
1 146
1 315
105
186
195
520
124
89
163
231
478
119
93
193
210
587
93
103
195
196
609
111
120
241
224
607
143
121
220
215
674
140
131
214
929
564
135
103
213
228
680
110
102
192
173
^73
106
128
217
228
621
121
9
4,690
4,710
680
670
470
000
250
630
Q
20
480
300
850
610
210
14 570
2, 660
2 610
13, 760
i 12 412
1 269
1 344
i *31 1
113
218
218
604
116
132
931
229
613
139
111
298
231
T
4 725
1
1
do__
do
do
do
do
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
1,710
4 760
1,880
990
r 12 7^0
15 530
3, 390
12, 130
51, 506
4,670
1
1,640
4,740
1,950
990
3, 270
16 ^40
3 5^0
48, 298
6,762
5,323
3,339
17, 776
10, 096
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)!
thousands
New business incorporations (49 States) eft
930
r 3 3|0
61 7
124
53, 214
59, 556
53, 671
60 945
70 193
69 19
73 307
1% 450
61 732
97 594
80 604
81 508
84 463
3 027
12, 136
17,266
15 244
5,541
3 072
10, 453
23, 822
13 443
8, 766
3 129
11,903
16, 324
15 951
6. 274
2 501
10, 770
21, 527
16 687
9, 460
7 809
19, 427
19, 170
14 116
9,671
7 065
13, 661
18, 483
18 563
11, 420
6 095
10, 877
31, 963
17 588
6,784
22 597
18,613
41,111
28 497
15, 632
3 993
11,073
21, 080
20 470
5, 116
5 Q40
27, 874
33, 097
29 5^5
8,127
12 715
14,417
23,011
23 080
7,381
16 644
17, 877
16, 104
90 894
9,989
16, 683
28, 887
55.4
49.6
51.0
50.7
51.1
54.9
54.1
57.2
54.8
59.6
65.2
63.3
7 3OO
99 4U'-i
9, 091
62.0
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
January 1961
1960
1959
Novem- December
ber
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
1910-14= 100__
231
230
232
233
241
242
241
236
238
234
237
240
241
242
do _,
do
do
do
do
217
242
260
150
206
218"
262
254
149
206
220
278
248
151
206
218
256
237
153
208
222
249
238
153
210
225
255
244
158
209
228
283
248
158
209
221
223
251
158
199
226
247
265
156
194
218
191
273
152
196
222
195
271
152
197
220
193
267
147
200
218
217
254
136
204
217
220
243
141
204
197
216
168
499
198
215
174
494
203
216
188
484
211
216
189
494
228
213
223
494
211
216
257
494
216
218
245
494
239
216
203
494
235
213
239
493
239
211
198
479
269
208
181
502
272
209
165
508
261
213
181
502
248
217
181
520
243
276
139
230
240
273
268
148
234
242
266
279
144
239
245
261
287
142
240
257
256
309
153
243
257
244
310
163
250
252
237
310
153
253
248
234
305
148
248
249
244
302
148
240
247
254
290
230
251
269
285
162
225
258
278
288
175
222
261
281
289
180
219
263
278
296
178
226
275
290
264
275
291
264
275
290
265
276
289
266
276
289
267
278
291
268
277
291
267
275
290
265
275
290
263
274
290
262
274
290
263
274
290
262
274
291
262
275
290
264
296
'296
299
299
300
302
301
299
298
298
298
297
297
298
78
••78
78
78
80
80
80
79
80
79
80
81
81
81
125.6
125. 5
125.4
125. 6
125.7
126.2
126.3
126.5
126.6
126 6
126.8
127.3
1 127 4
129,5
123.1
1.17.2
118.6
114.1
147. 6
129. 5
123. 1
117. 1
118. 5
113. 8
147. 8
129.4
122.9
1 1 6. 7
118.1
113.3
148.2
129.7
123. 0
116.7
118.0
113.3
- 148. 9
129.7
123.1
116.7
118.3
112 5
149.2
129.8
123. 7
117.4
119.4
112.1
149.4
129.7
123. 8
117.3
119.4
111.9
149.6
129.7
124.0
117.6
119.8
111. 5
149.7
129.9
124.2
117.7
120 0
111.1
150.0
130.1
1 24. 1
117.6
119 9
111.0
150.3
130. 3
124. 3
117.7
120.3
110.0
150.8
130.7
124.8
118.2
120 7
110.9
151. 2
130.8
125. 0
118.3
120 9
110.7
151.3
do
do
do
do
do
109.4
117.9
116.0
123. 4
107.9
109.2
117.8
116.7
125. 5
106. 6
107.9
117.6
1 1 6. 5
125. 7
106. 4
108.4
117.4
116.5
125. 9
106.2
108.8
117.7
116.4
125.0
107.2
108. 9
119.5
115. 3
129. 9
109.3
108. 9
119.7
115.0
132.9
109.7
108.9
120.3
115.0
136. 1
110.3
109.1
120.6
115.8
134.4
110.8
109.3
120.1
116.6
127.3
111.3
110.6
120.2
117.5
124.6
110.2
111.0
120.9
118.4
124.8
110.0
110.7
121 1
118.9
126. 2
109.9
do
do
do
do
do
do
130. 4
121.7
104. 4
140. 5
153.0
132.7
130.4
122.7
104.2
140.8
153.2
132.9
130.7
123. 2
104. 0
140.9
153.5
132.7
131.2
124 0
104.3
141 0
154.7
132.6
131.3
124 1
104. 7
141 2
155.0
132.7
131. 4
124.4
104.7
141.4
155. 5
132.9
131.2
124. 7
104. 3
141.4
155.9
133.2
131.3
124.7
104.3
141.6
156. 1
133.2
131.3
104.1
141 8
156.4
133.4
131. 5
124 9
103. 5
141 9
156.7
133.8
132. 0
125.7
104. I
142. 1
156.9
133.9
132. 2
125 7
104. 0
142 5
157.3
134.0
13? 1
125 7
104. 0
142 7
157 9
133. 9
120.0
149. 0
137.9
196.0
131.6
120.4
148. 7
137.5
197.2
131.7
120.3
147.6
136.3
197.2
131.8
120.6
147. 5
136.0
199.3
131.8
120.9
146. 5
134.9
199.4
131.7
121.1
146. 1
134.4
199.4
131.9
121.4
145. 6
133. 9
199.4
131.9
121.1
145. 8
134. 1
199.7
132.0
121.6
145.9
134.2
200.3
132.2
121.9
146. 2
134.4
200.7
132.4
122. 1
144.7
132.8
201.7
132.7
121.9
146.1
134.1
202.6
132.7
122.5
146.5
134.4
204 3
132.7
118.9
118.9
119.3
119.3
120. 0
120.0
119.7
119.5
119.7
119.2
119.2
119.6
119.6
119.5
93.6
127.3
120.0
93.4
127.3
120.1
94.6
127.5
120.6
94.8
127.4
120.5
96.4
127.5
121.4
96.3
127. 6
121.4
96.0
127.1
121.2
95. 3
127.0
121.1
94.8
127. 0
121.8
92.7
126.8
121.5
92.9
126.8
121.5
93.3
126.6
122 4
T
r
93.0
126. 5
122. 7
93.3
126.4
122.3
103.7
146.7
103.8
146.6
104. 3
146.8
104.3
146.8
105.5
146.5
105.6
146.5
105.2
146.1
105.2
145. 8
105.6
145.6
104.9
145.5
105.3
144. 5
105. 8
144.9
r
105.8
145.0
105.6
145.0
do
_ do __
do
do
85. 4
103. 2
76. 5
75. 3
85.9
107.9
76.1
76.0
86. 5
104. 9
77 2
78. 5
87.0
100. 5
76. 7
80.8
90.4
104. 4
78.2
86.2
91.1
111.5
79.4
85.7
90.4
116. 9
77.8
85.8
89.0
109. 7
77. 5
85.1
88.9
112.9
75.5
84.1
86.6
98.7
74.3
80.7
87.7
104.7
74.9
79.0
89.5
109.2
73 5
80.7
89.9
107.5
70 3
81.8
88 7
99.5
72 7
82.8
do
do
do
do
do
104.9
120.4
117.7
106.4
90.8
104.7
120.4
118.1
104. 6
90.5
105 6
120 7
118.8
104. 5
92.4
105. 7
120.6
118.4
105. 0
93.1
107.3
120.8
117.7
105. 8
97.8
106.8
120. 9
115.6
105. 8
96.7
107.3
121.2
114. 9
106. 3
98.5
107. 6
121, 2
lln.O
106. 9
98.1
108.9
122.5
117.3
107.5
99.5
107.8
122.0
118.0
106. 8
96.8
108.1
122.4
120. 5
107. 9
96.0
109 0
123 1
121.3
108. 9
97.8
109 1
123 1
121.7
' 109. 6
96. 6
109 3
123 5
122.0
110.3
97.4
Commodities other than farm prod, and foods__do
128. 5
128. 6
128.8
128.7
128. G
128.7
128.2
128. 2
128. 2
128.2
127.9
128.0
r 127. 9
127.9
— - do _
do
do
do
_
do
do
110.0
123. 9
93.8
52 ?
106.6
128 3
110.0
124.0
93.7
50.8
107.0
128 3
109. 9
124. 1
93. 8
49.2
108.8
128.3
110.0
124, 2
94. 0
49. 4
108.8
128 3
110.1
124. 2
94.2
50. 6
JOS. 8
128 3
110.2
124.5
94. 5
51.7
108. 8
128. 3
110.2
124. 6
94.8
50.2
108.8
128 3
1 10. 2
124. 6
95. 1
47. 9
108. 8
128 3
110.4
124.7
95. 1
47.8
110.6
128 4
110.5
124. 6
05. 4
48.9
108. 4
128 4.
110. 4
124.5
95. 0
47.7
108. 4
128 4
110.3
123 6
94. 4
47 8
111.2
19S 4
Fuel, power, and lighting materials 9
do—
Coal
_
_.
do __
Electric power
January 1958=100
Gas fuels
do
Petroleum and products
1947-49=100
111.2
124. 0
100. 7
113.8
113.9
111.7
124.1
101. 2
115.5
114. 3
111.9
124. 1
101. 3
116. 6
114.4
112.0
124. 1
101.8
114.5
114. G
1 12. 3
124.0
101.8
115. 6
115.0
112.2
1 19. 0
101. 8
115.6
115. 4
110.8
118.7
101.7
111.6
113.6
112.3
119. 5
101.8
112.2
116. 0
113. 8
120. 3
102. 0
114.4
117. 9
115.3
121.3
102. 1
116 6
120. 0
116.1
122.4
102.1
121.3
120.7
Prices received, all farm products!
Crops
Commercial vegetables
Cotton
Feed grains and hay
Food grains
'
Fruit
Oil-bearing crops
Potatoes (incl dry edible beans)
Tobacco
_ do
do
do
do
Livestock and nroducts
- - - do
Dairy products
do
Meat animals
do
Poultry and eggs
_
__
do _
Wool
_ do _ _
Prices paid:
All commodities and services
_
do
Family living items
do
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14=100_
Parity ratio §
do
CONSUMER PRICES
(U.S. Department of Labor indexes")
All items
1947-49 = 100
Special group indexes:*
All items less food
do
\]\ items less shelter
do
All commodities
_
do
Non durables
do
Durables
_ _
do
Services
do
Apparel
Food 9
Dairy products
Fruits and vegetables
Meats, poultry, and
_
_ ..
fish
Housing 9
Gas and electricity
Housefurnisliings
Rent
Medical care
Personal care
Reading and recreation
Transportation _
__
Private
Public
_
' Other goods and services
_ _ _
_
do
do __
do
_ _ do
do
WHOLESALE PRICESd*
(U.S. Department of Labor indexes)
All commodities
1947-49=100
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc
do
Finished goodsO
do
By durability of product:*
Nondurable goods
_ _ _ _ _ _ _ _ do
Durable goods ,
_
_ do
Farm products 9
Fruits and vegetables, fresh and dried
Grains
Livestock and live poultry
Foods, processed 9
Cereal and bakery products
Dairy products and ice cream
Fruits and vegetables, canned and frozen
Meats, poultry, and fish _
Chemicals and allied products 9
Chemicals, industrial
Drugs and Pharmaceuticals
Fats and oils, inedible
Fertilizer materials
Prepared paint
?.HO
r
r
r
116.2
122.5
102 1
120 9
121 0
r
110.3
123 5
94.3
48 9
111.9 i
128 4
110.4
123 6
94.3
48 5
111.9
129 7
116. 1
123. 0
116.2
123. 1
109 3
120 3
1?0 8
T U)9 4
r
1/0 2
120 6
123. 4
123. 3
123. 7
123. 5
123.2
123.2
123. 5
123. 1
122 9
123. 0
122. 8
Furniture, other household durables 9 .
do
122 5
122.6
122 7
103. 2
103. 7
103. 3
104. 1
101.7
102. 1
103. 1
103.3
101.7
100.9
100 6
101. 1
Appliances, household
do
100 5
100 9
124. 9
124. 9
125. 0
124. 9
124.9
124.2
124.7
124.3
125. 0
Furniture, household
_
_ __ do _
125. 7
125.0
125.0
125.7
125 6
87. 1
87.8
87.8
86. 1
87. 1
87. 8
87.7
87.7
86. 1
87.8
84 2
87.8
Radio receivers and phonographs
do
84 2
84 2
69.0
69.1
69.1
69.2
69.0
69.0
69.2
68.9
69.0
Television receivers.
__
_
do_
68.9
68.9
68.9
68.9
69.0
r
Revised.
i Index based on 1935-39= 100 is 213.0.
^Revised beginning January 1958 to incorporate price revisions for individual commodities; revisions for January 1958-December 1959
appear on p. 20 of the January 1961 SURVEY (revisions for 1952-57 appear on p. 24 of the November 1959 SURVEY).
§ Ratio of prices received to prices paid (including interest, taxes and wage
rates).
*New series; data prior to August 1958 are available upon request.
9 Includes data not shown separately.
cfFor actual wholesale prices of individual commodities, see respective commodities.
©Goods to users, including raw foods and fuels.
SURVEY OF CUREENT BUSINESS
January 1961
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-7
1960
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
COMMODITY PRICES—Continued
WHOLESALE PRICES^— Continued
U.S. Department of Labor indexes — Con.
Commodities other than farm, etc.— Con.
Hides, skins, and leather products 9 _ 1947-49 =100__
Footwear
do
Hides and skins
do
Leather
__do __
Lumber and wood products
do
Lumber
do_ _
111.7
133.8
67.2
103. 8
?4.3
2f.. 8
112.3
134. 1
73 8
] 03. 5
124 8
125.9
112.7
134.2
73.7
105. 5
125. 1
126. 1
112.0
134.2
69 8
104.8
124 9
126.1
111.8
134.2
72 0
102. 8
124 5
125.9
112.1
133.5
73 5
104, 7
124 3
125. 7
111.2
132 5
72 9
103 5
123 7
124 9
110. 3
132. 5
67 1
103.0
122 4
123. 1
110. 1
132 5
68 0
102.2
121 5
121.6
108.
132
63
98
119
119
7
5
6
9
6
2
108.1
132 5
62 3
97 5
118 7
117 9
108.
132
64
98
117
116
53. G
43.9
72 9
155.9
141.0
153. 7
144 0
172 Q
155.4
141.6
153.8
144.3
173 6
155.8
141.6
153. 9
145.3
173 9
155.7
141.6
153.9
145. 3
174 3
1 55. 6
141.6
1 54. 0
145.6
174 7
1 55. 6
141.6
153 5
145 7
175 3
153.9
141 6
153. 4
145.9
175 3
153. 9
141. 6
153.2
146 0
175 5
153. 3
141.6
153. 2
146 1
176 7
153. 1
141.6
151.3
146 2
176 7
152. 5
135 4
152 8
146 7
176 7
152.5
140 3
do
do
do
_ _ _ __do_ _
155. 8
121. 5
173. 6
141.1
155.2
121.6
172 2
140.7
155. 5
120. 9
1 72. 4
142.7
155. 3
120. 3
171 6
142.6
154.5
120.1
170 5
140.8
154.5
120. 1
1"0. 5
140. 5
154.2
120. 2
170 4
140 0
153. 8
120.0
169.9
138.9
153. 4
118.7
169 5
138.6
153.6
118.8
169 9
138.7
153.5
119.3
169 7
138 4
152.8
119.3
168 9
137 1
do
do
do
- do_ _
137. 7
160.6
130.3
133. 1
137.8
160.7
130.4
133.1
138.4
161.3
130.5
133.1
138 2
161.5
131 1
133.1
138 2
161.5
131 0
133.2
138
161.
131
133.
137
161
131
133
9
7
5
2
137 8
161.7
131.3
133.2
137 8
161.8
131 3
133.2
137 8
162 0
131 1
133 2
138 0
162 1
131 0
133 2
138 1
162 2
131 0
133 2
do
do
do
do_
132.3
144.3
144.4
132.2
132. 4
144.3
142 0
132.2
133. 7
144. 5
143. 1
132.2
133.2
144. 5
144 6
137.0
133.1
144.8
144 7
137.0
133.1
145. 1
144 7
137 0
133.4
145 9
146 3
137 0
133.5
145. 9
146 7
137.0
133.5
145 9
146 9
141 3
133.0
145 2
145 3
141 3
133.0
145 4
144 9
141 3
do
do
do
do
_do
do
96.3
100.9
94.0
117.4
81.4
103.7
96.7
100.9
95.0
121.7
81.3
104.2
96. 6
100. 8
95. 9
122.0
79.4
104.0
96.5
100 6
95.8
119 5
79.8
103 2
96.3
100 7
95.6
116 6
79.4
102 8
96.3
100.7
95.0
118 0
79.4
102 7
96
100
94
118
79
102
3
6
8
7
7
4
96.3
100.8
94.8
121 6
79.6
102 1
96.3
101 0
94 7
123 3
79 6
101 8
96
101
94
126
78
101
1
0
3
8
9
5
Tobacco prod, and bottled beverages 9
do
Beverares alcoholic
do
Cigarettes
. _ _ __do
Miscellaneous
do
Toys, sporting goods
do
131.7
120.7
134.8
93.7
117.7
131. 7
120.7
134.8
94.2
118.0
131.7
120. 5
134.8
95. 3
117.7
131.7
120 6
134.8
93 4
117.8
131.7
120 6
134.8
94 0
117.8
131.7
120 6
134. 8
95 4
118.3
131.7
120 6
134 8
91 1
118.3
131.7
120 6
134.8
90 9
118.3
131.8
120 6
134 8
90 8
118.6
84.1
79.6
84.1
79.7
83.8
79.7
83 8
79.6
83 3
79 6
83 3
79 2
83 5
79 2
83 7
79 1
83 5
79 0
Machinery and motive products 9
Agricultural machinery and eqnip
Construction machinery and equip §
Flectrical machinery and equipment
Motor vehicles
Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
do_ __
do
do
do
do
Nonmetallic minerals structural 9
Clay products
Concrete products
Gypsum products
Pulp, paper, and allied products
Paper
Rubber and products
Tires and tubes
-
Textile products and apparel 9
Apparel
Cotton products
Silk products
Manmade fiber textile prod'ucts
Wool products
3
5
3
2
108.5
132. 5
65 8
97.1
116 9
115.1
108.9
132 5
64 9
99.4
116 7
115.2
' 153. 5
148. 4
177 3
T
152. 6
r
142. 0
153.6
148 4
177 1
152.6
142.2
r 152. 3
118.4
168 5
135. 5
152. 2
117. 5
168 6
133.9
137 9
1 62. 3
131 0
133.2
137 9
162. 3
131 0
133.2
133.4
145 7
144 7
141 3
133. 1
145 7
143 6
141 3
132.3
145 7
141 8
138 6
95 9
101 1
93 4
128 4
78 6
101 2
95 8
101 1
92 8
128 5
78 5
101 1
r
95. 4
101 0
91 7
125 9
r
78 2
r
101 3
95.2
101 0
91.2
125 7
77.8
100 8
132.0
121 1
134 8
89 9
118.5
132.0
121 1
134 8
91 1
118.6
132.0
121 1
134 8
90 3
118.6
132. 0
121 1
134 8
90 6
118.6
132.1
121 3
134 8
92 4
118.6
83 9
79 0
83 9
78 9
83 6
78 6
83 6
i 78 5
i 33 7
5
5
1
1
7
3
r
r
r
T
r
PURCHASING POWER OF THE DOLLAR
As measured by—
Wholesale prices
Consumer prices
1947-49-100
do _
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE}
New construction (unadjusted), total
Private, total 9. __
mil. of dol__
_
4,421
4,075
3, 686
3,482
3, 762
4,120
4,539
4,878
3,302
3,062
2,712
2,596
2,774
2 944
3 176
3 392
(2)
1,904
1,457
378
1,718
1.322
324
1,476
1, 140
266
1,348
1 023
257
1,483
1, 121
294
1,626
1 192
365
1 755
1 252
429
1 910
1 358
474
(2)
790
185
354
136
449
789
200
341
121
411
757
209
310
101
356
763
218
314
103
363
745
213
305
113
414
736
207
300
125
438
770
206
324
143
485
815
208
349
155
487
1,119
1,013
974
886
988
1, 176
1 363
1 486
321
109
370
319
320
98
286
309
326
80
280
288
305
56
250
275
331
86
265
306
375
79
390
332
393
90
516
364
409
93
616
368
do
4,221
4,331
4,489
4, 521
4,522
4,480
4,488
4,449
do
3,085
3,144
3,211
3,230
3,216
3,181
3 175
3 164
(2)
1,748
1, 760
1,804
1 779
1,776
1 763
1 753
1 758
(2)
731
180
317
158
424
769
196
331
161
428
797
203
345
137
445
833
218
363
133
460
813
215
344
133
471
804
211
339
132
462
802
210
338
130
470
797
210
332
129
460
1, 136
1,187
1,278
1,291
1,306
1,299
1 313
1 285
330
105
381
347
111
381
359
95
483
371
77
481
357
115
482
do
Residential (nonfarm) 9
do
New dwelling units
__do
Additions and alterations.
_ _
do
Nonresidential buildings, except farm and public
utility, total 9
_
.mil. o f d o l
Industrial.
do
Commercial
do
Farm construction...
___do
Public utility
do...
Public, total
do
Nonresidential buildings
Military facilities
Highway __
Other types
_
_
_
New construction (seasonally adjusted), total
Private, total 9
do
do___
do
do
Residential (nonfarm)
do
Nonresidential buildings, except farm and public
utility, total 9
mil. of doL.
Industrial
do
Commercial..
do
Farm construction
do
Public utility
do_._.
Public, total 9
do.
Nonresidential buildings
Military facilities
Highway.
••Revised.
do
do
do
(2)
(2)
(2)
(2)
377
390
381
95
90
82
482
481
481
i Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 43.8 (December); consumer prices, 46.9 (November).
crr,ouf7, u-*,u-±v-i, u«j,*±ou, uuuai piivatc, otf, O»U, ow,
parable 1960 and 1959 figures for July-Sept.)
cfSee corresponding note on p. S-6.
9 Includes data not shown separately.
.Revised beginning with data for September 1955; unpublished revisions (prior to November 1958) will be shown later.
{Revisions for January-September 1958 are shown in the November 1959 issue of "Construction Activity" report of Bureau of the Census.
SURVEY OF CURRENT BUSINESS
S-8
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
January 1961
1960
January
P'ebruary
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION
CONTRACTS
Construction contracts in 48 States (F.W. Dodge Corp.):
Valuation total
mil. of dol__
2,373
2,224
2,193
2,240
3,046
3, 360
3,337
3,472
3,597
3,295
3,119
3,319
2,886
_ do
do __
701
1, 672
711
1,513
727
1, 466
702
1,537
1,075
1,971
1,067
2,293
1,025
2,312
1,237
2,236
1,413
2,184
1,018
2,277
995
2,124
1,125
2,194
1,071
1,815
do_ __
do
do
do
801
1,092
394
86
790
993
383
58
801
927
353
111
698
988
413
141
1,067
1,294
566
120
1,048
1, 480
654
178
1,110
1,453
494
281
1,110
1,483
693
186
1,152
1, 329
794
321
1,177
1,433
520
165
1,124
1,277
544
173
1,165
1,390
647
117
916
1, 253
566
152
_do__
1,458
1, 590
1,265
1,402
2, 001
2,005
1,803
2,885
2,005
1,859
2,232
1,796
Highway concrete pavement contract awards:^
Total
thous of sq yd
A irr>orts
do
Roads
do
Streets and alleys
do
5,315
390
2, 902
2, 023
6,900
372
2, 553
3, 975
7,410
1,069
4,791
1,550
5, 961
223
4,370
1,369
7,826
415
5, 267
2,145
8, 406
335
5, 482
2,589
9,963
309
6,202
3,452
11,069
1,284
5, 784
4,000
10, 637
1, 526
5, 230
3,881
11,216
684
6,366
4,166
7,446
405
3,829
3,212
8,541
635
4,461
3,445
0)
Public ownership
Private ownership
By type of building:
Nonresidential
"Residential
Public works
Utilities
Engineering construction:
Contract awards (ENR)§
r
1, 775
1,875
71
11,208
207
7,045
3,957
NEW DWELLING UNITS
New permanent nonfarm dwelling units started:
Unadjusted:
Total privately and publicly owned
thousands
Privatelv owned total
92.5
83.7
76.3
76.5
97.8
109.2
do
90.7
63.9
1.8
83.0
58. 9
.7
75.0
53.1
1.3
74.2
51.9
2.3
94.7
62.2
3.1
107.5
71.7
1.7
do
1,210.0
1,330.0
1, 216. 0
1,115.0
1, 125. 0
1,125.0
69.7
68. 1
51.3
3.2
13.5
1.6
C7.1
66.0
48. 5
2.9
14.6
1.1
57.7
57.0
41.7
2.8
12.5
.7
60.6
60.5
45.7
2.9
11.9
.2
84.3
81.2
61.1
3.9
16.2
3.1
92.4
91.3
69.6
3.8
17.8
1.1
do
Publiclv owned
Seasonally adjusted at annual rate:
Privately owned total
Residential construction authorized, all permit-issuing
places:
New dwelling units total
thousands
Privatelv financed total
do
Units in 1 -family structures
do
TTn't "n rrmltifnmilv structures
Publiclv financed total
~
do
do
0)
CONSTRUCTION COST INDEXES
Department of Commerce composite^
1947-49=100..
American Appraisal Co., The:
Average 30 cities
1913-100
Atlanta
do
New York
do
San Francisco
do
St Louis
do
Associated General Contractors (all types)
do
E. IT. Boeckh and Associates :t
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U.S. avg. 1926-29=100
Brick and steel
do
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
do
Brick and steel
_.
_ _ _
do
Brick and wood
do
Frame _ _ .
do
Steel
do
Residences:
Brick
do
Frame ..
_ do
Engineering News-Record:©
Building
1947-49=100
Construction
_ _ _ _ _ _ _ _ _
_ __do__
Bu. of Public Roads— Highway construction:
142
142
143
143
143
143
143
144
143
143
144
144
144
144
713
779
778
669
690
526
714
779
778
670
690
526
714
779
778
670
691
527
715
787
778
674
691
527
716
787
778
674
691
529
717
789
778
674
693
529
719
789
778
674
696
530
720
789
778
674
696
535
722
789
778
671
704
537
723
789
779
671
704
538
727
803
787
679
704
537
728
803
795
681
706
538
730
806
795
690
710
538
538
309.6
299.2
295.9
310.1
300.3
296.3
310. 5
300.6
296.5
312.2
302.6
298.1
311.4
301.6
297.6
312.0
302.0
298.0
313.3
302.7
298.9
314.6
303.2
299.1
314.7
302.7
298.5
314.6
302.4
297.9
315.1
302.7
297.9
315.0
302.5
297.2
315. 0
302.4
297. 0
315.1
302.4
296.8
321.6
319.0
295. 5
292.6
302.9
322.2
319.6
296. 1
293.2
303. 8
322.7
320.0
296. 3
293. 6
304.0
324.0
321.5
298.4
294. 6
305.1
323. 5
320. 9
297.8
294. 1
304.6
324.1
321.4
298. 2
294. 6
304.9
325. 6
322.6
299.1
295. 6
305.6
327.1
322. 2
299. 8
296. 0
303.2
327.7
321.3
299.2
295. 6
301.3
327.6
320.8
298.8
294.7
300.5
328. 2
321.1
298.9
294.4
300.8
328. 1
321.0
298.5
293.5
300.8
328.1
320.8
298.4
293.3
300.4
328.2
320.8
298.2
293.0
300.3
296.6
286.5
297.3
287.2
297. 6
287. 5
299.1
288.8
298.6
288.2
299.0
288.7
299.9
289.5
300.5
289.8
300.0
289.2
299.5
288.5
299.6
288.3
298.9
287.5
298.7
287.3
298.5
287.1
163. 3
178.3
164.0
179.2
164.3
179.4
164.2
179.5
164.4
179.9
165.5
181.6
165.9
182.5
166.4
183.1
166.3
183.3
166.4
183.4
166.0
183.1
165.9
183.2
166.1
183.3
166.5
184.2
138.2
134 4
136 6
133 7
CONSTRUCTION MATERIALS
Output index composite unadj 90
1947-49—100
Seasonally adjusted 9 0
do
Iron and steel products unadj 0
do
TiUmber and wood products unadj 0
do
Portland cement unadj
do
' 117. 4
r
«• 127. 6
145 6
' 132. 2 «• 132. 1
125.0
135.7
115.8
142 0
191.3
199.0
125.4
130.2
144.2
119.4
127.2
125.6
127.2
112.4
120.8
136.7
115.6
133.3
96.8
132.4
137.1
125.0
142.8
110. 9
135.3
133.1
129.0
137.3
162.6
141.7
132. 1
134.1
142.0
191.6
145.4
136.3
143.3
138.6
187.8
447, 928
219, 605
450, 999
241, 176
417, 016
195, 331
367. 646
169, 641
360, 91 6
173, 143
335, 700
152,633
322, 483
155, 139
364, 909
174, 557
362, 163
160, 340
1,963
2,134
1,740
1,628
1,520
1,558
1,574
1,770
1,086
1,094
881
992
1,165
1,173
1,256
1,425
373
486
227
377
465
252
292
386
203
344
413
235
411
468
286
411
471
291
443
520
293
2,442
3,378
78, 582
2,487
3,727
96, 444
2,079
3,630
92, 949
2,149
3, 470
96, 782
2,406
4,145
116,365
2,366
3,918
98, 106
2,500
4,001
86, 940
r 122. 9
r 124. 3
r 144. 2
87.7
130.4
156.1
137.0
131.3
127.7
133.1
186.2
129.9
188.1
416, 954
180, 818
425, 124
169, 070
433, 655
162, 077
403, 684
150,404
1,674
1,696
1,736
1,735
1,741
1,294
1,441
1,342
r 1, 274
1,161
479
612
333
416
582
296
437
666
338
409
604
329
r
40l
r
336
517
308
2,690
4,514
82, 829
2,528
4,289
82, 998
2 784
4,347
90, 037
2 598
4,814
81, 845
REAL ESTATE
Home mortgages insured or guaranteed by—
Fed. Hous. Adm.: Face amount
thous of dol
Vet. Adm.: Face amount
do
Federal Home T/oan Banks, outstanding advances to
member institutions
mil of dol
New mortgage loans of all savings and loan associations, estimated total
mil of dol
By purpose of loan:
Home construction
do
PTome purchase
__
do
All other purposes.
_ do
New nonfarm mortgages recorded ($20,000 and under),
estimated total
mil of dol
Nonfarm foreclosures
number
Fire losses
_ _ _ _ _ _ _ thous. of dol
557
'316
2 525
92, 730
84, 340
T
Revised.
1 Data according to new series compiled by Census are as follows (thous. units): Total nonfarm (public and private)—August-November 1960, 127.5; 100.3; 108.9; 96.3; August-November 1959, 142.0; 136.1; 121.2; 104.3; seas. adj. annual rate, private only—August-November 1960, 1,273.0; 1,044.0; 1,217.0; 1,221.0; August-November 1959, 1,446.0; 1,468.0; 1,354.0;
1,328.0.
(See prior issues of the SURVEY for comparable 1960 and 1959 figures for April-July.)
§Data for December 1959 and March, June, September, and December 1960 are for 5 weeks; other months, 4 weeks. Contracts in Alaska and Hawaii are included beginning 1960.
cf Data for December 1959 and March, May, August, and November 1960 are for 5 weeks; other months, 4 weeks.
JMinor revisions prior to 1958 are available upon request.
^Copyrighted data; see last paragraph of headnote, p. S-l.
OData reported at the beginning of each month are shown here
for the previous month.
9 Includes data for items not shown separately.
©Revisions for 1955-57 for the composite index of construction materials output and for lumber and wood products are in the September 1959 SURVEY (p. 20); revisions for 1958-September 1959 will be shown later.
SURVEY OF CURRENT BUSINESS
January 1901
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-9
1959
November
1960
December
Jami ary
February
March
April
May
June
July
August
SeptemNovemOctober
ber
ber
December
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted:
Combined index
1947-49=100-.
Business papers
- do
Magazines
- -_ -_ - do
Newspapers
Outdoor
Radio (network)
Television (network)
do
- do
do
1950-52=100
Television advertising:
Network:
Gross time costs, total
thous. of dol
Automotive including accessories
do
Drug's and toiletries
- do
Foods, soft drinks, confectionery
do_ _.
Soaps cleansers etc
do
Smoking materials
do
All other
- .-- do _
Spot (national and regional):
Gross time costs, Quarterly total _ _ _ _ do_ _
Automotive including accessories
do
J")rufT<> and toiletries
do
Foods, soft drinks, confectionery
do
Soaps cleansers, etc
Smokin cr materials
All other
Beer, wine, liouors
Household equip., supplies, furnishings
Linage, total
_
-
- do_ _
do
do__
do
_ _ _ do
_ _ _ _
_
227
226
182
239
246
189
241
247
198
238
256
191
245
258
195
243
242
193
247
250
195
236
259
179
235
251
181
246
247
208
167
158
21
492
206
121
25
487
202
148
21
471
207
164
26
495
216
155
24
468
209
160
19
473
225
166
23
472
220
171
27
492
203
166
28
547
198
169
25
502
205
164
22
492
203
170
21
507
58 328
4,978
15, 786
10, 922
58, 669
3,874
16, 631
12, 126
57,718
4,424
17,276
11, 826
55, 578
4 495
16 875
11,354
58, 603
4 756
17, 357
11,596
55, 923
4,527
14. 896
10,782
55, 500
5, 056
15, 108
10, 059
52, 971
3 588
16,175
10,043
55 778
3 796
14 508
8, 786
50, 867
3 174
16 888
9,575
51, 457
3 998
14, 765
9, 183
5,364
6, 108
15, 170
5,595
6,416
14, 028
5 829
7,302
11,061
5 689
6, 126
11,040
6,419
6, 427
12, 047
6,089
6,486
13,144
5, 755
6,410
13, 112
5 768
6, 651
10, 747
4 377
5 464
18, 848
5 619
6 254
9,358
6 245
6. 467
10, 800
_ _ _ _ _ _
165, 732
5, 435
34 542
54, 440
167,981
6, 102
32 489
54, 355
18,318
9 023
43, 974
20, 449
11 038
43, 548
1
160, 648
6, 372
27 220
50, 232
^25,012
4 664
22 582
37, 853
21 , 569
8 535
46 7^0
7 p>,%
34 850
17 407
86, 117
5, 424
9,483
2 514
8, 235
11, 807
60, 820
3,444
4, 332
1 101
6,147
8,905
44, 468
1, 786
5,067
1, 145
4,314
6,918
69, 130
3,201
7,877
2 411
6, 392
10, 973
78, 529
5, 532
8 332
4 254
6,587
11, 608
88, 366
6, 534
11, 599
5, 446
6, 509
10, 709
86, 863
6,548
10, 353
4,839
7,650
10,115
69, 372
2,779
7,763
3 515
7,762
9,929
51, 260
742
5 639
2 118
6, 257
7 816
51, 089
5 265
4 048
1 905
5, 683
7,541
69, 563
8 697
3 915
4 139
6.221
8 724
98, 071
6, 841
14,739
3 374
8,828
13, 144
82, 400
5, 182
9 697
1 950
7, 407
10, 353
6,014
7, 655
5 733
942
2,237
26, 074
7,515
5,010
3 794
547
2, 365
17, 661
1,893
2,153
2 748
547
1 , 592
16, 303
3, 808
4,238
4, 252
877
2,608
22, 494
3, 8V>
6, 166
4 497
863
1,978
24, 848
4, 324
8. 546
5, 657
1, 205
2, 093
25, 745
4, 594
8,812
5,929
1,076
2, 464
24, 482
3,967
5.930
5 238
722
1,981
19, 787
3 344
3.142
3 870
585
2 092
15, 654
2,682
3, 005
3 531
528
2.082
14, 820
3 857
5,524
4 969
5, 293
8, 253
6 355
5, 771
7, 322
4 865
704
867
823
1 918
21, 595
2, 259
28, 119
2,517
26, 514
5,244
4,061
4,283
5,010
5,550
5,492
4,961
4,002
3,619
4, 457
5,314
5,914
4, 787
do
do
do
259, 509
59 382
200, 127
250, 948
51 416
199, 532
212,027
60, 047
151,980
209 661
58 100
151, 561
243, 585
61 127
182, 458
256, 329
65 827
190, 501
273, 697
69, 808
203, 889
250 556
65 Oil
185 545
?17 418
63 504
153 Q14
224 124
63 563
160 561
240 074
60 905
179 169
265, 798
63 484
202, 364
256 625
55 626
200 999
do
_ do _
do
- do -
9, 757
4, 286
32, 927
153,158
9,310
4, 985
26, 533
158,703
10,590
6,420
21,838
113,132
12,187
3,847
25, 833
109, 694
14, 097
4, 753
30 496
133, 112
17, 092
4,442
31, 448
137, 520
18, 274
4,117
36, 032
145, 465
18, 018
4, 790
30 786
13i, 945
12
4
23
113
11, 905
3, 408
21 977
123, 271
12 253
3, 802
28 782
134,333
17, 012
4,844
36 341
144, 166
13 148
4, 343
34 119
149. 390
_ _ _ _ _ _ _ _ thous. o f lines
Newspaper advertising linage (52 cities), total
Classified
Display, total
Automotive
Financial
__
General
Retail
_
230
235
180
- do
do
- do
Magazine advertising:
Cost, total
_ _ _ _ _ _ _ _ _ _ _d o _ _ .
Appnrol and accessories
do
Automotive
incl
accessories
do
T$uildin f r materials
do
Dru^s and toiletries
_do_ __
Foods soft drinks confectionery
do
Soaps, cleansers, etc
Smoking materials
All other
224
244
184
124
852
240
697
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:f
Goods and services, total
bil. of dol
Durable goods total 9
Automobiles and parts
Furniture and household equipment
Nondurable croods, total 9
Clothing and shoes
Food and alcoholic beverages.. _
Gasoline and oil
Services, total 9
_ _
Household operation
Housing
Transportation
__
do
do
do
_
_ _
_
do
do
_do_
do~-_ do
do
do
do
_ _
_
319. 6
323 3
329 0
328 3
43 5
17.4
19.2
44 2
18 5
18 9
44 5
18 9
18 7
49 7
17 5
18 3
149 6
27 8
79.1
11.3
150 5
27 8
79. 5
11.4
153 5
28 3
81.4
11.7
152 7
28 9
80.7
11.7
126.6
18. 5
41 3
10. 1
128.6
18 9
41 9
10 3
130
19
42
10
132
19
43
10
9
1
5
5
9
3
1
5
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
mil. of doL-
17, 635
21, 454
216,312
15, 829
17,419
19, 290
18, 548
18,918
18,066
18, 153
'17, 898
Durable goods stores 9
do
Automotive group___ _ _ _ _ _
_ do _
Motor- vehicle, other automotive dealers.do - _.
Tire, battery, accessory dealers
do
5 502
2, 807
2, 596
211
6,025
2,723
2,456
267
2 5, 097
3, 025
2, 856
169
5 232
3, 129
2, 964
165
5 830
3, 586
3, 402
184
6, 369
3, 755
3, 527
228
6, 414
3,688
3, 465
223
6 637
3 735
3.494
241
5 793
3 097
2, 869
228
5 970
3, 221
3, 003
218
5 633
2, 863
2, 001
992
634
358
1,229
748
481
781
485
296
797
509
288
807
516
291
838
548
290
875
569
306
918
575
343
861
540
321
901
581
320
886
563
323
955
736
219
981
692
289
699
524
175
720
542
178
789
588
201
996
732
264
1, 055
789
266
1 124
853
271
1 053
802
251
1 096
859
237
1 041
12, 133
1 170
237
451
294
188
15, 429
1, 975
432
776
497
270
211,215
931
199
363
203
166
10, 597
792
153
320
178
141
11, 589
946
163
380
224
179
12, 831
1 348
222
526
313
287
12, 134
1 072
193
435
238
206
12, 281
1 083
221
405
249
208
12, 273
943
175
369
212
187
12, 183
999
173
393
234
199
12, 265
1 130
Furniture and appliance group
_ do
Furniture, homefurnishings stores
_ do
Household-appliance, TV, radio stores do
Lumber, building, hardware groupLumber, builcline materials dealerscf
Hardware stores
Nondurable goods stores 9
Apparel group___ _ _ _ _ _ ___ _
Men's and bovs' wear stores.
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores.
_
_
__
do
do
do
do
do
_ do _
do
_ do _
do
r
18, 648 ' 18, 406 s 22. 434
r
T
r
6 03°
3, 232
3, 027
202
205
-Q92
T
802
239
187
449
268
233
r
r 5 879
r 3 200
3 000
r 94 ft
617
329
r 1 051
r814
r 237
947
726
9
21
r 212
468
r 288
r
202
3
3 043
200
601
'•321
12, 616
r i 170
3 fj 944
' 12, 527
r I 158
228
455
291
184
s i iqo
3
16. 190
3 1 893
January 1961
SURVEY OF CURRENT BUSINESS
S-10
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
1960
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated sales (unadjusted)— Continued
Nondurable goods stores — Continued
Drug and proprietary stores
mil of dol
Eating and drinking places
do
Food group
_
__
_ do ..
Grocery stores
do
Gasoline service stations - do
General merchandise group 9 -- Department stores, excl. mail-order
Mail-order (catalog sales)
Variety stores
Liquor stores
do __
do
do
do
do
Estimated sales (seasonally adjusted), total, .do
575
1,276
4,173
3,708
1,433
783
1,350
4, 698
4,158
1,437
620
1,219
4,319
3, 853
1,356
604
1,141
4,079
3,634
1,286
603
1. 210
4, 380
3.919
1,388
607
1,304
4,601
4,127
1, 457
611
1,377
4,379
3,909
1,489
603
1,413
4, 517
4,035
1,525
607
1,493
4,704
4,216
1,587
613
1, 476
4, 423
3,948
1, 568
608
1,389
4, 531
4,069
1,471
'627
1,376
4,529
4,057
1,506
'612
1,307
4,443
3,961
1.451
1
823
1,354
5,197
4, 638
1, 479
2,190
1,302
194
327
397
3,552
2, 056
249
682
614
1,492
866
106
230
353
1,433
809
117
245
347
1, 678
974
137
262
359
2,080
1,217
148
343
383
1,846
1,074
141
298
375
1,891
1,114
134
307
386
1,700
969
116
294
420
1,913
1,091
153
318
400
1,928
1,134
148
309
398
2,080
1,237
163
r
322
'404
2,217
1,305
222
332
416
3,600
2,075
17, 842
17, 485
18,090
18, 100
18, 234
18,911
18, 480
18, 504
18, 107
18, 190
18, 054
18, 540
' 18, 421
2
r
Durable goods stores9
do
Automotive group
do
Motor-vehicle, other automotive dealers. do
Tire battery accessory dealers
do
5,682
2, 961
2,740
221
5,328
2,667
2, 457
210
2 5, 891
3.230
3,003
227
6, 040
3,398
3,181
217
5, 937
3, 458
3, 250
208
6,303
3, 582
3, 350
232
6,080
3, 375
3, 157
218
6, 010
3, 353
3,142
211
5,687
3,005
2, 796
209
5,779
3,211
3,016
195
5,797
3,176
2,971
205
Furniture and appliance group
do
Furniture, homefurnishings stores
do
Household-appliance, TV, radio stores. _do
935
588
347
903
570
333
916
572
344
917
581
336
868
544
324
926
595
331
918
584
334
882
562
320
907
577
330
875
558
317
899
578
321
r898
'581
'317
857
550
307
Lumber, building, hardware group
Lumber, building materials dealers cf
Hardware stores
971
755
216
988
773
215
967
727
240
1,003
762
241
912
682
230
999
738
261
989
743
246
983
739
244
981
728
253
953
723
230
917
686
231
'947
'718
'229
930
716
214
12, 160
1,119
215
439
268
197
12, 157
1,150
219
454
277
200
212,199
1,164
230
451
271
212
12, 060
1,119
215
436
264
204
12,297
1,137
221
429
277
210
12, 608
1, 168
212
455
277
224
12, 400
1,117
213
435
270
199
12,494
1,125
215
437
270
203
12, 420
1,119
204
451
257
207
12,411
1, 162
222
460
266
214
12, 257
1,122
210
447
256
209
do _ .
do
do
__ _ do
do
607
1,306
4,390
3,916
1, 438
612
1,351
4, 363
3,886
1,423
627
1.332
4, 395
3.912
1,449
627
1,297
4,412
3,933
1,423
612
1,309
4, 51 1
4, 032
1, 453
623
1,380
4, 439
3, 964
1, 496
619
1, 342
4, 566
4,088
1, 451
619
1,355
4, 604
4, 123
1, 462
6?9
1,348
4, 474
3,994
1,474
628
1,315
4, 526
4. 048
1,456
632
1,332
4, 425
3, 969
1, 466
'637
1,341
4, 520
4, 045
1,482
642
1. 348
4, 603
4, 117
1,460
General merchandise group 9
do
Department stores, excl. mail-order.- - do __.
Mail-order (catalog sales)
do
Variety stores
do . _
Liquor stores ._ __
_
_ . __ do ...
1 , 966
1,141
150
332
401
1, 991
1, 157
147
327
393
1,967
1, 155
140
320
393
1,901
1,088
141
330
403
1, 942
1, 114
149
327
396
2,123
1, 251
165
332
409
1,936
1,114
148
334
406
1,974
1,146
149
334
419
2,004
1,185
151
326
416
1, 978
1,127
153
343
418
1,972
1. 141
151
328
404
2,020
1,197
158
'321
'397
1, 958
1,117
166
335
413
do
do
do
25, 190
10, 950
14, 240
23, 370
10, 660
12, 710
23, 660
11,180
12,480
24, 640
11,790
12, 850
25, 800
12, 230
13, 570
25, 790
12, 290
13, 500
25, 800
12,360
13, 440
25, 340
12, 180
13,160
25, 100
11, 990
13,110
24, 960
11, 480
13,480
25, 020
11,040
13, 980
' 25, 890
'T 11,550
14, 340
26, 490
11 990
14, 570
do
do
-do
do
do
24, 230
11.010
4, 380
2, 010
2, 290
24, 310
10. 980
4, 200
2.010
2 330
24, 490
11,260
4, 540
1, 990
2,350
24,810
11,590
4,870
2, 020
2,340
25, 120
.11,640
4, 950
2,010
2,310
24, 960
11,630
4,970
2.030
2,290
25, 200
11, 760
5, 100
2, 020
2, 300
25, 320
1 1 , 820
5, 140
2, 050
2,310
25, 420
11,900
5, 1.80
2,090
2,280
25, 200
11. 650
4, 920
2, 100
2,270
25, 340
11,760
5, 070
2, 060
2, 290
' 25, 360
'11, 900
' 5. 240
2, 030
' 2, 290
25, 540
12 060
5, 420
2 0:H)
2 960
13, 220
2, 730
2, 920
4, 200
13, 330
2, 780
2, 940
4, 280
13,240
2, 740
2, 960
4, 250
13,220
2, 720
2, 980
4. 230
13, 480
2, 790
3, 050
4 T 290
13, 330
2. 710
3, 070
4, 220
13,440
2,730
3, 060
4, 280
13, 500
2,740
3, 040
4,360
13, 510
2,750
3,040
4,390
13, 550
2, 780
3, 040
4,420
13, 580
'3, 020
4, 410
'13, 460
' 2, 780
'r 3, 000
4, 320
13. 4SO
2.780
2,990
4 300
4, 559
6,249
2
3, 987
3,817
4,289
4, 932
4, 479
4, 650
4, 552
4, 556
4,757
' 4, 904
4, 956
2
do
do
do
Nondurable goods stores 9
do
Apparel group
. _ _ do _
Men's and boys' wear stores
do
Women's apparel, accessory stores _ _ do ..
Family and other apparel stores
do
Shoe stores
_ _ _ _ do _Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
_ _ _ _
_
Estimated inventories, end of month:
Book value (unadjusted), total
Durable goods stores
Nondurable goods stores
Book value (seas, adj.), total
Durable goods stores 9
Automotive group
_
Furniture and appliance group
Lumber building hardware group
Nondurable goods stores 9
Apparel group
Food group, _ _ . „
do
do
do _
General merchandise group .
Firms with 4 or more stores:
Estimated sales (unadjusted), total .
Firms with 11 or more stores:
Estimated sales (unadjusted), total 9
A pparel group 9 - AT en's and boys' wear stores
Women's apparel, accessory stores.
Shoe stores
do _ _
do
3 468
3.289
3, 687
4, 253
3,848
4,009
3, 930
3,916
4, 075
4, 145
4,199
461
42
205
122
191
16
169
12
70
56
219
15
91
70
337
23
136
117
252
17
108
83
260
20
107
87
209
15
91
69
229
14
102
75
270
15
110
94
276
20
1,9
82
277
22
122
do
. do
do
98
76
41
160
81
44
101
76
96
73
34
99
78
38
104
84
36
102
85
37
106
86
41
106
91
35
104
90
38
106
84
38
109
87
41
107
82
45
1, 370
809
256
1,558
65
78
2 220
1,241
533
1,794
58
106
903
543
174
1, 670
46
63
870
502
188
1,553
46
62
1,035
616
204
1,690
51
69
1.300
782
270
1,796
64
87
1, 154 i
690
232
1,622
71
88
1 , 205
733
241
1, 690
76
94
1,081
646
227
1 , 792
73
88
1,225
711
247
1,624
78
84
1,221
730
237
1, 764
73
77
1,316
795
246
1, 706
75
81
1, 411
820
257
1,672
65
79
3, 934
3, 939
3, 992
3,893
3. 954
4, 092
4,005
4, 105
4,108
4,079
4,099
4,090
4, 005
do
do
do .
do
258
19
108
82
267
20
116
81
269
21
112
88
260
19
108
84
251
18
104
84
270
20
114
86
257
19
107
82
260
19
110
82
258
19
109
79
274
20
114
85
267
19
113
85
267
18
118
83
262
18
114
82
do
do. ..
do
104
79
37
108
78
37
108
83
31
105
81
37
102
80
38
109
87
37
105
85
38
109
83
41
110
86
40
109
83
38
111
83
39
112
84
38
113
84
39
1,280
765
264
1, 736
66
82
1,293
788
251
1,715
66
83
1,261
732
266
1,724
64
78
1, 262
747
255
1, 740
63
82
1,279
771
248
1,709
66
C
83
1 221?
702
254
1,744
65
81
-do
do
do
do
-do
_ do _.
do
Apparel group 9
Alen's and boys' wear stores. ._
Women's apparel, accessory stores _.
Shoe stores
_
_
_
64
2
1,220
1,209
1,211
1, 166
1, 205
General merchandise group 9
do
1,238
1,305
709
704
675
698
Department stores, excl. mail-order _
do
778
724
724
253
252
251
Variety stores
do
255
246
260
264
1,664
1,652
1,651
1,710
1,694
Grocery stores
do
1,688
1,687
1
64
59
67
64
65
68
Lumber, building materials dealerscf - -. _ do
66
83
80
81
80
88
84
Tire, battery, accessory stores.. __
do
83
c
2
' Revised.
Corrected.
1 Advance estimate.
Beginning January 1960, data for Alaska and Hawaii are included,
yards, building materials dealers, and paint, plumbing, and electrical stores.
9 Includes data not shown separately.
:;:::::::
' 12, 437 i 12, 526
1,101
210
435
263
193
5, 480
Estimated sales (seas, adj.), total 9
12, 447
' 1,110
'206
450
'259
'195
269
23
113
76
General merchandise group 9 Department stores, excl. mail-order
Variety stores
Grocery stores
Lumber, building materials dealerscf
Tire, battery, accessory stores
_
Drug and proprietary stores
Eating and drinking places-,
Furniture, homefurnishings stores
r
3, 995
Drug and proprietary stores
Eating and drinking" placesFurniture, homefurnishings stores
18, 156
6, 093 ' 5, 984 i 5, 630
3, 405
3. 376
' 3, 203 3, 176
202
200
do .
do
_do .
_ do
do
1
r
r
cf1 Comprises lumber
SURVEY OF CUEEENT BUSINESS
January 1001
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-ll
1960
January
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores :
Accounts receivable, end of montrr.f
Charge accounts
_ __
1947-49=100-Installment accounts. ..
do _
Ratio of collections to accounts receivable:
Charge accounts
_ __
percent-Installment accounts
_
_ __
_do_ _
Sales by type of payment:
Cash sales
percent of total sales. _
Charge account sales
-do
Installment sales
- do __
Sales unadjusted total U S
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
1947-49=100
do
do__
do
do
-- do
__do __
-
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco
do
-do
do __
do
do ._
do
-
-
Sales seasonally adjusted, total U.S. 9
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
161
'435
170
'431
168
••426
164
"•424
r
!51
r
r
!51
r
406
162
'415
r 422
184
431
45
14
45
14
48
16
44
15
44
15
48
15
45
14
47
15
46
15
47
15
48
15
44
42
14
43
41
16
42
42
16
42
43
15
43
43
14
43
42
15
43
42
15
44
41
15
43
42
15
42
43
15
41
43
16
42
43
15
177
260
111
106
115
150
138
137
122
132
145
153
'218
154
164
r
!74
208
179
325
251
233
252
291
266
139
99
101
105
135
115
137
93
95
105
122
105
149
95
108
113
143
119
194
133
139
144
172
154
173
124
130
135
159
150
165
123
129
131
156
146
165
95
113
116
156
140
170
106
123
128
165
154
172
131
136
140
159
159
187
132
143
145
176
164
P
P
P
P
p
P
148
170
185
' 189
177
181
230
245
257
289
250
281
98
108
108
112
111
121
99
102
102
105
102
121
105
107
113
114
110
126
139
137
153
165
150
153
127
127
134
143
144
145
133
130
134
139
134
147
109
101
108
129
119
142
132
109
114
135
134
154
144
138
141
154
142
152
152
147
149
169
152
156
P 151
P 167
P 178
146
146
146
142
138
154
141
145
149
143
144
150
r p 149
r
- - -
_ _
-
_
- --
Stocks, total U.S., end of month:
Unadjusted
_ _ __
Seasonally adjustedQ
_ __
_ _
186
403
249
'455
48
15
47
15
43
42
15
T
do___
- -
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco
178
446
r
r
214
460
r
415
r
171
r
v 171
P Ig9
P 165
P 177
do
do
do__
do
do
__do
185
129
134
141
170
155
180
131
134
139
171
156
175
130
127
136
163
144
162
122
125
139
164
142
192
134
145
144
181
164
176
125
132
139
159
150
183
129
134
139
170
154
194
125
141
143
175
159
178
194
134
139
169
151
185
126
132
140
166
154
189
129
140
144
172
164
p 179
r
189
129
135
142
179
156
P
P
p
p
199
136
163
157
do
__do _
do
do _
do
- do_ _
131
134
••142
156
149
155
133
135
140
156
143
158
137
135
146
156
150
156
135
133
143
149
134
158
123
126
134
140
131
157
147
144
151
168
159
159
133
131
136
144
143
153
137
135
144
149
144
153
136
135
142
156
144
159
132
137
136
149
140
155
134
136
139
153
138
155
138
140
145
162
149
160
p
p
p
p
P
P
134
131
136
150
139
152
182
160
145
161
144
161
152
160
165
162
165
159
163
161
157
165
158
167
165
169
176
168
186
167
P 192
p 169
12.5
4.6
7.9
13.0
4.6
8.4
11.3
4.1
7.2
11.4
4.2
7.2
12.5
4.5
8.0
12.2
4.6
7.6
12.3
4.6
7.7
12.8
4.8
80
11.6
4 2
7 3
13.0
4 7
8 2
12.7
4 6
81
r 12.8
13.0
4 4
8 6
12.9
6.4
6.4
12.6
6.4
6.2
12.7
6.5
6.2
12.7
6.7
6.0
12.9
6.9
6.0
12.9
6.9
6.0
12.9
7.0
5 9
12.9
7.0
5.9
13 0
7 0
5 9
13 1
7 0
6 1
13 2
6 9
6 3
r 13 6
do__
do __
p 261
906
155
158
167
190
isi
p 146
P 19q
WHOLESALE TRADE
Sales, estimated (unadi.), total
Durable goods establishments
Nondurable °"oods establishments
_ bil. of dol.
_ _ _ _ do
do
Inventories estimated (unr-di ), total
Durable goods establishments
_
Nondurable foods establishments
do
do
do
r
4 5
8 2
69
6 7
13 7
6 8
6 9
Population, United States (incl. Alaska and Hawaii):
*
Total, incl. armed forces overseas§
thousands.. ' 178, 926 ••179,161 r 179, 388 ' 179, 594 r 179, 787 -180,004 r 180, 217 ' 180, 439 r 180, 670 r 180, 936 '"181,232 '•181,519
181, 778
_ _
r
EMPLOYMENT AND POPULATION
POPULATION
182, 018
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over totaled
thousands
Total labor force, including armed forces
_ _ do
Civilian labor force total©
do
Employed
do
A gricu Itural employmen t
do
Nonagrioultural employment _ _ _ _ _ d o _ _
Unemployed
do
Percent of civilian labor force:©
Unadjusted
_ _ _
_ _ __
Seasonally adjusted
Not in labor force
-
_ _ thousands-
Employees on payrolls (n on agricultural cstab.):
Total, unadj. (excl. Alaska and Hawaii) A— thousandsManufacturing
do
Durable goods industries _ _
_ _ _ _ d o ._
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
123, 908
124, 034
1
124,606
71, 839
71, 808
1
69, 310
65, 640
5, 601
60, 040
3,670
695 276
65, 699
4,811
60, 888
3,577
1
5.3
5.9
5.2
5.5
52, 068
124, 716
124,839
124, 917
125, 033
125, 162
125, 288
125, 499
125 717
125,930
126, 222 1 121), 482
70, 689
70, 970
70, 993
72, 331
73, 171
75, 499
75,215
74, 551
73, 672
73, 592
73, 746 i 73, 079
68 168
i 164, 020
4,611
1
59, 409
1
4, 149
68, 449
64, 520
4,619
59, 901
3,931
68, 473
64,' 267
4, 565
59, 702
4, 206
69, 819
66, 159
5, 393
60, 705
3, 660
70, 667
67^ 208
5,837
61, 371
3,459
73, 002
68, 579
6, 858
61, 722
4,423
72, 706
68,' 089
6, 885
61, 805
4,017
72, 070
68! 282
6, 454
61, 828
3, 788
71, 155
67] 767
6, 588
61, 179
3, 388
71, 069
67,' 490
6, 247
61, 244
3, 579
71, 213 i 7*^ 549
67,' 182 i 6«! 009
5, 666 i 4,950
61, 516 i oi T Q59
i 45 540
4, 031
!6. 1
15.2
5 7
4^8
6.1
5.4
5.2
5.0
4.9
4.9
6.1
5.5
5. 5
5.4
5.3
5.9
4.8
5.7
5.0
6.4
6.3
6. 4
i 0.8
52, 225
153,917
53, 746
53, 845
52, 587
51, 862
49, 663
50, 074
50, 948
52, 045
52, 344
52, 476
i 53, 403
52, 793
16,280
9, 313
6, 967
53,756
16, 484
9,577
6, 907
52, 078
16,470
9,640
6,830
52, 060
16,520
9,680
6, 840
52, 172
16 478
9, 630
6,848
52, 844
16, 380
9, 548
6,832
52, 957
16,348
9,516
6,832
53, 309
16, 422
9,504
6,918
52, 923
16, 250
9,342
6,908
53, 062
16, 386
9,296
7, 090
53, 496
16, 505
9, 403
7, 102
660
67
16
164
668
70
16
174
658
73
16
173
669
89
16
173
666
93
14
172
677
95
13
169
677
96
12
167
681
97
12
164
655
94
11
140
672
95
11
156
663
94
12
151
298
114
297
112
' 53, 391
r lQf
313
T
9, 305
T 7^ 008
r G56
r T
1
r
53, 133 p 53, 316
r K), 134 P i5? 846
T g; 241 P 9,' 081
r 6; 893 p 6, 765
r Q48
r> 641
93
12
T 15Q
288
287
285
292
292
291
286
292
289
-285
104
103
113
116
117
105
118
118
117
117
'Revised.
p Preliminary.
i See note marked "cf".
JRevised beginning August 1959 to include data for Alaska and Hawaii.
9 Revisions for January 1947-December 1959 for
department store sales and stocks, total U.S., seasonally adjusted, appear on p. 20 of the January 1961 SURVEY; revisions for the individual Federal Reserve districts will be shown later.
§Effective with the January 1961 SURVEY, estimates are based on the 1960 Census; for comparable revised figures (August 1958-October 1959), see "Current Population Reports", P-25, No. 223.
c? Data beginning January 1960 include figures for Alaska and Hawaii; see the December 1960 SURVEY for January 1960 estimates for those States.
©For 1947-59 figures, reflecting adjustments of 1947-56 data to new definitions adopted January 1957 and use of revised factors in computing the seasonally adjusted unemployment rates.
see pp. 22 and 23 of the April 1960 SURVEY.
ATotal employment in U.S., including Alaska and Hawaii (thous.): 1960—October, 53,631; November, 53,370; December, 53,553.
January 1961
SURVEY OF CUKBENT BUSINESS
S-12
1960
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
Novem- December
ber
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
EMPLOYMENT AND POPULATION—Continued
i
EMPLOYMENT— Continued
Employees on payrolls of nonagricultural est., unadjusted — Continued
Contract construction
thousands
Transportation and public utilities 9
do
Interstate railroads
do
Local railways and bus lines
do
Trucking and warehousing
do
Telephone
do
3,069
3,907
876
91
892
708
585
2, 850
3,912
898
92
893
703
577
2,699
3,940
920
91
897
701
576
2,453
3,882
901
91
876
698
574
2, 389
3,887
900
91
878
699
574
2,312
3, 900
904
91
883
700
568
2,590
3,917
910
91
881
703
574
2,830
3,924
914
91
880
704
575
2,977
3,942
920
91
887
707
582
3,098
3,939
912
91
879
714
589
3, 130
3,921
905
90
877
714
585
do
__do
do
do
do
11,723
3,141
8,582
1, 628
1, 646
804
12, 345
3, 155
9.190
2, 025
1,663
815
11,424
3,113
8. 311
1,465
1, 630
800
11,329
3,114
8,215
1,402
1,635
801
11,325
3,111
8,214
1.404
1,634
801
11, 620
3,120
8, 500
1,511
1, 649
815
11,543
3,111
8,432
1,466
1,649
819
11, 637
3,129
8,508
1,462
1, 656
827
11,591
3,138
8,453
1,433
1,660
824
11, 592
3,153
8,439
1,452
1, 641
820
do
do
do
do
do
do
2,438
6, 593
470
311
175
8, 331
2,438
6, 547
463
309
173
8, 635
2,429
6,474
453
307
172
8,288
2, 439
6,484
460
306
170
8,343
2, 444
6, 511
459
305
169
8,536
2, 463
6, 644
479
308
177
8, 553
2,469
6,717
497
312
179
8, 449
2,496
6,745
524
315
181
8, 409
2,530
6, 715
592
316
176
8,145
2, 536
6, 685
591
310
171
8,140
Total, seas. adj. (excl. Alaska and Hawaii)A--do
Manufacturing
do
52, 253
16, 174
9, 266
6, 908
52, 674
16, 436
9. 542
6, 894
52, 880
16, 562
9 655
6,907
52, 972
16,567
9, 667
6,900
52, 823
16, 509
9, 603
6,906
53, 128
16, 527
9, 552
6, 975
53, 105
16,540
9, 537
7,003
53, 140
16. 498
9,499
6,999
53. 145
16, 417
9, 452
6, 965
53, 046
16, 265
9,338
6,927
52, 998 - 52, 809 - 52, 588 v 52. 224
16, 275 r 16, 132 - 16,031 p 15, 800
9,391 - 9, 266 - 9, 194 p 9, 047
6,884 r 6, 866 - 6, 837 P 6, 753
657
2,792
3,902
11,452
2,450
6, 593
8, 233
665
2, 800
3,917
11,486
2, 450
6,613
8,307
658
2, 775
3,941
11,594
2, 454
6, 606
8, 290
669
2,781
3. 933
11,627
2,464
6,616
8,315
666
2. 601
3, 920
11,595
2, 456
6,577
8, 499
684
2, 752
3, 924
11, 652
2, 403
6,611
8, 515
684
2,783
3,927
11,675
2, 469
6,618
8,409
678
2,790
3,926
11,712
2,471
6, 645
8,420
658
2,858
3,910
11,736
2, 480
6,682
8,404
665
2, 835
3,892
11. 764
2, 499
6, 652
8,474
P638
- 645
-656
660
2, 800 rr 2, 804 - 2, 789 p 2, 624
3, 879
- 3, 853 p 3, 822
3, 879
11, 665 - 11, 668 - 11. 575 p 11, 554
2, 515 - 2, 514 -2,511 p 2, 516
6, 665 r 6, 632 - 6, 662 p 6, 681
8,539 - 8, 524 - 8, 522 P 8, 589
12, 274
6,922
73
12, 466
7,173
12,449
7,230
74
12,494
7, 268
75
12,435
7, 205
75
12, 334
7,123
74
12,292
7,084
73
12, 332
7.056
72
12, 145
6,888
72
12, 265
6, 833
12, 399
6. 949
74
r 12.226
- 6, 863
599
205
327
457
975
584
286
328
452
1,039
561
277
327
443
1,048
561
277
328
445
1,052
556
275
569
592
289
324
452
993
617
296
327
456
970
606
291
321
450
924
607
*>93
327
452
910
598
285
328
449
905
-581
276
-327
442
-891
Wholesale and retail trade
Wholesale trade
__
Retail trade 9
General merchandise stores
Food and liouor stores
Finance insurance and real estate
Service and miscellaneous 9
Hotels and lodging places
Laundries
Cleinin? and dyeing plants
Government
Nondurable goods industries
Mining
_
_
Contract construction
_
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Service and miscellaneous
Government
do
do
_do_ _
do
do
do
do
do
Production workers on manufacturing payrolls, unadj.:
Total
thousands
Durable goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousands. Sawmills and planing mills
do
Furniture and
fixtures
do
Stone clay, and glass products
do
Primary metal industries
_
do
Blast furnaces, steel works, and rolling mills
Fabricated metal productscf
Machinery (except electrical) _
Electrical machinery
Transportation equipment 9
\ircraft and parts
Instruments and related products
Miscellaneous mfg. industries
Nondurable goods industries
__ _.
Food and kindred products 9
M^eat products
do
do _.
do
do__.
do
do
_ _ do __do do
do
Bakerv nror'nots
" " ~d
Tobacco manufactures
do
Textile mill products 9
do
Broadwoven fabric mills
do
Knitting mills
do
Apparel and other finished textile prod do
Paper and allied products __ _ _ _ _ _ d o
Printing, publishing, and allied industries__do-_Chemicals and allied products
do
443
1,043
327
448
1,020
- 3, 006
- 3, 889
-869
88
902
704
'579
- 2, 853
- 3, 863
P 2, 530
v 3, 844
11, 665 - 11, 742 - 11, 849 p 12, 418
3,153 - 3, 162 - 3, 162 p 3, 173
8,512 -r 8, 580 - 8, 687 v 9, 245
1, 504
1, 554
1,641 - 1,r 652
813
815
2,515
6,698
509
307
175
8,474
-r 2, 501
6, 698
-466
306
180
r 8, 586
- 2, 498
- 6, 662
p 2, 503
p 6. 614
- 8, 626
p 8, 920
- 12, 052 P 11.777
- 6, 797 P 6. 649
p74
-550
P521
-320
-431
-871
*310
P416
p855
493
528
532
532
526
511
495
469
439
43]
418
-409
800
1, 136
882
1, 026
439
429
118
232
415
841
1, 166
892
1, 172
593
422
116
232
393
857
1,179
892
1, 239
658
416
121
230
379
863
1,191
890
1,245
675
412
109
231
388
854
1,186
879
1, 221
652
407
110
230
392
837
1, 176
860
1,187
623
398
113
230
395
836
1,159
855
1,174
616
388
115
228
397
840
1.154
859
1,127
615
348
111
228
405
817
1, 130
850
1,105
574
358
119
223
389
819
1, 112
861
1. 036
509
365
118
226
410
835
1, 104
877
1, 135
597
367
119
225
418
-834
-1,087
-839
1, 149
- 614
-366
119
223
-418
- 816
-1,087
- 866
- 1, 153
p801
p 1. 075
P854
P 1, 139
292
-405
p219
P384
5. 352
1, 032
244
178
166
82
876
370
204
1, 107
452
222
570
539
207
154
115
209
331
5,293
990
245
150
163
81
867
370
196
1, 103
451
222
571
537
207
155
116
208
332
5,219
954
241
136
161
78
860
368
190
1, 091
447
223
562
536
208
154
116
208
329
5, 226
939
237
134
161
76
860
367
191
1,111
446
22°
565
537
208
155
117
209
329
5,230
934
234
134
161
71
863
368
195
1,118
446
992
568
540
209
154
116
208
328
5, 211
960
232
152
1§2
69
861
367
197
1,082
448
5, 208
967
236
151
161
68
863
365
201
1,079
449
223
567
547
210
155
117
198
315
5, 276
1,015
242
173
164
68
867
365
205
1,085
452
9
26
572
540
211
156
118
198
323
5, 257
1,064
243
219
165
69
84 S
360
197
1,060
444
5,432
1,142
246
297
163
81
859
360
206
1,107
451
226
573
538
210
154
117
196
331
5,450
1,171
248
- 5, 363
- 1, 112
- 249
-254
165
94
-840
351
201
-1,079
- 449
223
585
-538
- 206
150
114
198
318
- 5, 255
- 1, 034
p 5. 128
P973
- 82
832
p78
p822
-1,080
-445
p 1,053
P438
-586
536
p583
P532
568
551
209
154
116
201
317
568
537
211
153
117
192
322
325
164
97
850
356
203
1,094
452
225
578
537
207
150
115
198
321
148
P145
Products of petroleum and coal
do
Petroleum refining
do
P190
194
Rubber products
do
P313
-320
Leather and leather products
do
Production workers on mfg. payrolls, seas, adj.:
v
11,
728
12,
176
11,
953
12,158
12,
472
12, 048
12, 462
12, 407
12, 321
12, 476
12, 536
12,417
12, 537
Total
thousands.- 12, 169
- 6, 824
6, 937
7, 120
7,179
- 6, 749 p 6, 614
6, 875
7, 051
7,000
7, 106
7,244
6, 873
7, 137
7,255
Durable goods industries- _
do _.
p
5,
114
5,
224
5,239
- 5, 204
5,346
5,356
5, 283
5,283
5,321
5,292
5,370
5, 296
5,280
5,282
Nondurable goods industries
do Production workers on manufacturing payrolls:
Indexes of employment:
98.8
100.6
P95.2
-97.4
100. 2
99.7
98.2
99.2
99.7
99.4
100. 5
99.2
100.8
101.0
Unadjusted
1947-49=100..
-96.6
97.4
98.4
P94.8
100.8
100.9
100.8
101.4
100.4
98.3
100.3
99.6
98.4
101.4
Seasonally adjusted
do
Miscellaneous employment data:
Federal civilian employees (executive branch) :
22,342.9 2 2 220 2 2 2, 212.9 2,21 3. 3 2,213.9 2, 192. 9 2, 188. 9 2, 188. 9
2, 200. 3 12,500.1 2, 158. 7 2.160.5 22,339.7
United States^
thousands
2
214.7
214 0
213.6
217 9
218 5
212 2 2212 2 2 211 9 221S 1
210 0
209 5 i 217 5
210 9
Railroad employees (class I railroads) :
782
787
817
v 759
765
834
824
824
816
828
813
826
810
812
Total
thousands-Indexes:
59.4
61.8
r'56.9
57.6
58.9
61. 5
62.7
62.0
62.2
61.2
60.9
61.7
60.9
60.8
Unadjusted
1947-49=10059.3
60.1
60.4
62.6
P58.2
59.0
61.7
61.3
60.7
61.4
60.4
62.2
63.0
61.0
Seasonallv adjusted
do
r
2
Revised.
*> Preliminary.
i Includes Post Office employees hired for Christmas season; there were about 307,100 such employees in the United States in December 1959.
includes
the following number of persons hired for the decennial census: Total U.S.,180,000 (March); 181,100 (April); 53,700 (May); 15,600 (June); Wash., D.C.area, 680 (March); 910 (April); 340 (May);
240 (June).
9Includes data for industries not shown.
d*Except ordnance, machinery, and transportation equipment.
ATotal employees, incl. Alaska and Hawaii (thous.): 1960—October, 53,047; November, 52,822; December, 52,456. ^Employees in Alaska and Hawaii are included effective with January
1959 and August 1959, respectively. For all branches of the Federal Government, civilian employees in Alaska (at the end of January 1959) totaled 13,200 persons and in Hawaii (at the end of
August 1959) 21,900 persons.
January 1961
SURVEY OF CURRENT BUSINESS
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of NovemDecemBUSINESS STATISTICS
ber
ber
S-13
1960
January
February
March
April
May
July
June
August
Septem- October November
ber
December
EMPLOYMENT AND POPULATION—Continued
INDEXES OF WEEKLY PAYROLLS
Construction (construction workers)
Manufacturing (production workers)
Mining (production workers)
1947-49=100
do
_
do
r
r
r
221 8
166 8
104 4
214 8
175 4
110 5
185 4
175 5
105 4
180 2
173 9
104 4
176 1
172 6
106 5
207 9
168 8
108 7
230 5
171 5
107 8
246 9
172 5
108 4
262 8
169 0
103 3
267 9
169 2
104 5
259 4
172 5
101 6
39.9
2 6
40.1
2 5
41 3
40 6
2 7
41.1
2 7
41 8
40
2
41
2
41
39
2
40
2
41
39
2
40
9
41
7
5
3
P;
5
39.3
2 1
39.9
2 1
40.8
39.9
2 4
40.4
2 4
41 3
40
2
40
2
40
39
2
39
2
40
39
2
40
2
40
8
4
0
3
0
39.6
2 5
39.9
2 5
40.5
r
39.
7
r
r
MO. 2
2 4
40 4
r
40 6
p 38.8
f> 2 0
J>39. 3
p19
p41 1
40.1
40 3
41 1
40.8
38 8
40.2
40 7
41 8
41.0
41 1
39.3
39 7
40 3
40.4
41 1
39.4
39 4
40 3
40 2
40 3
38.8
39 0
39 1
39 9
40 1
39.9
40 6
39.9
40.3
39.4
40.1
40 9
40 1
40.9
38 9
40.5
41 0
40 2
41.0
38 9
39.3
39 9
40 0
40 8
38 7
39.6
40 2
40 8
41 0
38 1
39.9
40 2
40.5
40.5
38 0
39.6
r 39 8
r
40 4
40.9
37 9
'38.4
^37.9
r
p39 9
p39. 5
P 37 0
37.7
40 1
40 8
40 5
41
41
41
41
41
41
41
40
40
40
41
39
0
5
0
9
39
40
41
40
9
5
2
1
39.3
39 9
40.8
39 2
38
40
41
3Q
37
40
41
40
7
9
2
1
37
40
40
39
2
5
9
3
36
41
40
39
6
0
5
9
36.5
40 7
40 3
40 1
r
do
do
do
do
do
do
39 2
38.2
40 6
38.5
41.0
40 4
40 7
40 9
41 0
39.1
41.3
40 6
42 0
43 7
40 6
38.9
40.6
40 1
40 8
41 5
40 6
39.2
40 2
39 9
40
40
40
39
40
40
6
8
8
4
8
3
39 7
39.5
40 1
39.5
40.1
39.2
40 9
41 1
41 0
40.1
40.5
39 9
40 5
40 6
40 8
39^7
40.7
39 9
40
40
41
39
40
39
2
0
1
3
4
4
39 6
38 8
40 9
39.5
40 5
40 0
40 2
40.6
40 6
37.4
40. 1
39 5
do
do
do
do
do
do
39.6
2 7
41.0
43.3
36 9
40.1
39 8
2 7
41 1
42.4
38 5
40.2
39 4
2 6
40 6
42.2
38 4
39.4
39 0
2 5
39 6
39.2
37 8
39 7
38 8
2 4
39 7
39.1
37 5
39 9
38.6
2 2
39.8
39.4
37.7
39.9
39 3
2 5
40 6
40.8
38 7
40.3
39 5
2 5
40 6
40.7
37 7
40.8
39 6
2 6
41 1
41.2
39 5
40 9
39 5
2 5
41 ?
41.2
40 9
40 4
39. 1
2 6
41 6
41.5
42 2
40.3
do
do
do
do
38 2
40. 5
41.5
38.9
39 7
40.8
42.0
38 1
38 4
40.3
41.5
37 3
36 1
40.1
41.2
37 4
34 8
39.4
40.7
36 5
30.0
39.6
40. (5
37.3
38 1
40.1
41.0
38 3
39 3
40.2
41.1
38 6
37 g
39.7
40.6
38 4
37 9
39.7
40.3
38 6
40 3
38.3
38.7
37 6
Apparel and other finished textile prod d o _ _ _
Paper and allied products
do
Pulp, paper, and paperboard mills _ do _
Printing, publishing, and allied industries_.do
36.7
42 7
44.0
33.3
36.5
42 7
43.9
39.0
36.0
42 5
43.8
38.3
36 2
42 1
43.5
38.0
35 8
42 1
43.4
38.2
35.1
41.8
43.1
37.8
36 3
42 5
43.6
38.4
36 3
42 6
43.7
38.1
36 4
42 5
43 8
38.2
36 7
42 5
43.6
38.3
35.4
42 3
43.4
38.6
Chemicals and allied products
Industrial organic chemicals...
Products of petroleum and coal
Petroleum refining
Rubber products
__
Leather and leather products
41.7
41.6
41.0
41.2
39.7
37.3
41.9
41.9
40. 6
40.6
40 8
37.7
41.3
41.3
40 2
40.0
40 7
37.9
41.3
41.3
40 3
40 2
40 0
37 2
41.3
41 3
40 3
40 2
39 4
37 1
42.1
41.9
40.8
41.0
38.3
35.4
41.6
41.8
40 7
40.9
39 7
36 3
41.9
42.2
41 1
40.8
40 6
37.8
41.6
41 9
41 5
41 2
40 6
38 4
41.3
41 2
40 7
40 3
39 9
38 1
41.3
41. 1
41 3
41. 1
39 0
35 9
41.2
40 8
40 7
40 6
39 8
r 35 9
40.7
41.7
34.0
35.8
42 1
42.2
34.2
40.9
40.7
42.5
31 8
38.7
39 9
40 8
27 2
37.3
40
42
36
38
8
0
2
8
41. 1
42.7
29.2
37.4
41 0
42.7
29 6
36.4
41
41
33
37
41
41
34
37
40
41
34
35
40
41
30
33
1
6
8
2
r 40 3
r 40 6
34 5
41.2
43.2
40.5
43.3
41.1
41.8
39.9
41.2
40.4
41.1
40.7
43.8
41.0
43.9
40.4
45.2
40 9
45 0
40 3
44.9
41.0
44.2
r 40 8
r 44 4
35.7
38.9
34.8
36. 7
39.4
36.1
35.1
37.5
34.6
35.0
38.2
34.3
35.0
39.1
34.2
36.9
41.1
35.9
36.9
40.7
35.9
37.4
41.6
36.3
37.8
42 2
36 7
37.9
42 3
36.7
37.2
42 0
36.0
37.8
r 42 6
36 6
42.8
40 7
41.3
42.9
39 2
40.9
42.3
38 8
40.9
42 5
39 2
40.6
42 7
39 1
40.7
42.7
38 9
40.8
43 2
30 2
40.8
43 5
39 4
40.8
43 2
39 8
40 9
43 2
39 T
40 8
42 9
40 8
41.8
r 4Q Q
r 41 2
40.4
40.5
40.0
39.8
39.9
40.1
40.2
40 3
40 6
40 5
40 4
40 3
37.5
33. 9
35.8
43.7
38.2
36.5
35.7
43.8
37.4
33.7
35.4
43.8
37.4
33.7
35.2
43.7
37.4
33.8
35 3
43.8
37.7
34.5
35.6
44.1
37.4
33.7
35.3
43.9
37.8
34 3
35 9
44.1
38.2
35 0
36 4
44.1
38.3
34 9
36 2
44. 1
37.6
34 0
35 6
43.9
37.4
r 33 7
r 35 3
r
43 7
40.2
39.3
39.1
40.0
39.7
39.5
40.1
39.2
38.2
39.7
39.1
37.7
40.0
38 9
37.9
39.6
40.0
40.8
39.9
39 9
39.4
40 0
39 9
39.9
40 0
39 8
38 6
40 2
39 4
37 6
39 7
39 4
38 5
T 39 9
39 7
39 3
88.98
95.44
106. 97
92 16
99 87
109. 10
92 29
100 86
108. 21
91 14
98 98
107. 68
90 91
98 74
108. 73
89 60
97 36
106. 49
91 37
98 58
107. 79
91 60
98 98
107. 30
91 14
97 76
105. 20
90 35
97 20
105. 60
91 08
98 15
108. 14
* 108. 27
80. 60
78.18
75. 21
91. 39
80.40
78.14
77. 33
92.25
77.03
75.83
74 56
91.30
78.01
75. 25
74 56
90.85
77.60
75.27
72 73
90.57
80.20
77. 95
73 82
91.08
81. 40
78.94
74 19
92.84
83.84
81.18
74 77
93.07
81.35
79.00
74 40
93.02
81.97
80. 00
75 89
93.89
84.19
80.00
75 74
92.75
' 81. 58
r
77. 61
r 75 55
94.07
Primary metal industries
do
107. 86
117. 14
Blast furnaces, steel works, and rolling mills
127. 72
dollars.. 113. 10
r
Revised.
p Preliminary.
9 Includes data for industries not shown separately.
cfExcept ordnance, machinery, and transportation equipment
117.96
115.26
114. 29
112. 29
109. 70
109. 70
108. 75
106. 68
106. 78
r
128. 54
123. 60
122. 89
122. 22
116.21
115. 74
113. 83
110. 53
110. 60
r 109. 63
258 4
170 5
101. 6
r
227 8
165 9
96 4
v 161 9
HOURS AND EARNINGS
Average weekly gross hours per worker on payrolls of
nonagri cultural establishments:
All manufacturing industries _ _ _
hours
Average overtime
do
Durable goods industries _ _ _ _ _ _ _
_ __ do__
Average overtime
do
Ordnance and accessories ..
_ do__
Lumber and wood products (except furniture)
hours. _
Sawmills and planing mills
do
Furniture a n d fixtures
_ _ _ _ do
Stone, clay, and glass products
do__
Primary metal industries __
do
Blast furnaces, steel works, and rolling mills
hours
Fabricated metal productscf
do
Machinery (except electrical) __
do
Electrical machinery
do
Transportation equipment 9 Motor vehicles and equipment
Aircraft and parts
Ship and boat building and repairs
Instruments and related products
Miscellaneous mfg. industries
Nondurable goods industries.. __
Average overtime
Food and kindred products 9 _
Meat products
..
Canning and preserving- _,. _
Bakery products
Tobacco manufactures
.
Textile mill products 9
Broad woven fabric mills
Knitting mills
_ __
_
_
do
do
do
do ...
do
do._
Nonmanufacturing industries:
Mining.. __
do
Metal
do
Anthracite
_ __ .
do
Bituminous coal
.
do _
Petroleum and natural-gas production (except
contract services)
hours
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction _
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines. .
...do _
Telephone
do
Gas and electric utilities .
_ do
Wholesale and retail trade:
Wholesale trade
.
do _
Retail trade (except eating and drinking places) 9
hours. _
General merchandise stores
do
Food and liquor stores
_. ... do .
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
do
Laundries __
_ __
do
Cleaning and dyeing plants
do
Average weekly gross earnings per worker on payrolls
of nonagri cultural establishments:
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
2
4
7
0
3
8
0
9
3
2
2
3
7
8
6
4
7
1
1
8
3
9
0
5
4
4
8
2
3
9
1
8
4
9
3
0
5
4
0
3
7
6
4
0
25
r
r
36 3
39 2
2 2
39 6
r 2 0
39 5
40 6
37 4
r 40 5
r 40 3
r 39 9
r 40 l
r 39 9
39 4
p 40 3
p 39 7
r 41 I
r 40 1
p
r 4Q 5
r
r
T
41 6
41 0
39. 4
40 5
40 1
T
40 5
r 40 0
39 o
2 5
39 6
P 40 1
p 39 5
2 3
r 40 6
p 38 2
v2 1
p 40 3
r
r 37 5
39.0
P 39 5
P38. 2
r 35 2
T 4j 8
p 33 8
P 41 Q
-38.3
"38.1
Ml. 4
"40.8
p 40 Q
r 38 8
r 41 Q
p
41.1
r 40 0
40 5
r 40 5
38.8
r
39. 3
r 37 9
r 35 5
r 42 3
r
43 4
38.4
r
40 7
r 39
r
(j
36 5
v
39 3
P 35 9
r 34 1
42 5
r Q1 31
r 98 £9
106. 12
r Q7 49
r
108. 81
P 110. 56
' 77. 18
T 76. 18
93.38
"91.25
' 104. 35 P 104. 71
January 1961
SUKVEY OF CURRENT BUSINESS
S-14
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
1960
January
^™- | March
April
May
June
July
DecemOctober NovemAugust September
ber
i
ber
EMPLOYMENT AND POPULATION—Continued
l
HOURS AND EARNINGS— Continued
Average weekly gross earnings per worker on payrolls
of nonagricultural establishments— Continued
All manufacturing industries— Continued
Durable goods industries — Continued
Fabricated metal products d*
dollars. _
Machinery (except electrical)
do
Electrical machinery
_ _ do _
Transportation equipment 9
do
Motor vehicles and equipment
- do
Aircraft and parts
do
Ship and boat building and repairs
do
Instruments and related products
do
Miscellaneous mfg industries
do
94.64
102. 82
90.72
104. 66
102. 38
108. 00
101.26
94. 71
77.16
99.77
105. 92
93.07
110. 70
113. 29
109. 88
102. 44
96.23
78.76
100. 94
105. 32
92.80
115. 92
124.11
108. 40
101.92
94.19
78.20
98.42
104. 55
90.97
111.79
116.62
108. 81
102. 31
94.07
77.81
98.42
105. 47
91.43
110.84
113.83
109. 34
103. 62
95.88
78.18
96. 56
104. 04
88.98
107. 59
108. 23
107. 07
103. 49
93.43
76.05
99.96
106.14
91.37
111.66
113.85
110.29
105. 46
94.77
77.41
100. 21
105. 88
92.23
110. 97
112. 87
110.57
105. 60
95. 65
77.41
99.63
105. 11
90.39
110. 15
111.20
110. 97
106. 90
95.75
76.44
100. 45
103. 68
91.77
108. 90
108. 64
110. 84
108. 23
95.99
77.60
100. 94
103. 57
93.03
112. 96
116. 52
111.24
103. 97
95. 44
77.03
80.39
87. 74
105. 22
63. 47
85.01
81. 19
88.78
104. 73
68. 15
85.22
80.77
88.91
104. 66
68.74
83.92
79.95
86. 33
95.26
69.17
84.56
79.93
86.94
95.01
69. 75
85.39
79. 52
87. 16
95.74
69. 75
85. 79
81.35
88.91
99. 55
70.05
87.05
82. 16
88. 51
98.90
67. 86
88. 54
82.37
89.60
100. 94
70.71
89.16
81.77
88.58
99.70
74. 03
88.48
81.72
89.02
102. 51
74.69
89.06
Tobacco manufactures
do
Textile mill products 9
- __ _ _ do _
Broadwoven fabric mills
do
Knitting mills
do
Apparel and other finished textile prod
do
Paper and allied products
_ do
Pulp paper and paperboard mills
do
Printing, publishing, and allied industries_do
64. 56
64.40
64. 74
57.96
56. 15
95. 22
104. 72
103. 79
67.49
64.87
65. 52
56. 77
55. 85
95. 22
104. 48
106.86
66.05
64.48
64.74
56. 32
55.44
95.20
104. 24
104. 56
61.37
64.16
64. 27
56. 47
56. 11
94.73
103. 97
104.12
59.86
63.83
65.12
55.48
55. 85
94. 30
103. 29
105. 05
64. 80
63. 76
64. 96
55.95
53.70
93.63
102. 15
103. 95
68.58
65.36
66.01
58.22
55.90
96.05
104.64
106.37
71.53
65. 53
66. 58
58. 67
55.90
97.13
106. 19
105. 54
68.43
64.31
65.37
57.60
56.42
97.33
106. 87
106. 20
64.81
64.31
64.88
58 29
57.62
97.75
106. 82
106. 09
63.27
62.05
61.92
57 15
55.93
98.14
107. 20
108. 08
Chemicals and allied products
Industrial organic chemicals
Products of petroleum and coal
Petroleum refining
Rubber products
- Leather and leather products
101. 75
108. 58
118.90
.124. 01
97.66
60.43
102. 66
109. 78
117.74
121. 80
101. 59
61.07
101.60
108. 21
116.98
120. 40
102.16
61.78
101.60
108.21
116.87
120. 60
100.00
60.64
102. 01
108. 62
118.87
120. 20
97. 71
60.84
104. 41
112. 29
119. 54
124. 23
94.60
58.06
103. 58
110.77
118.03
123.11
100.04
59.90
105. 59
112.67
119.60
123. 22
102. 72
62.37
106. OS
113.13
121. 18
124. 84
103. 53
62.98
104. 90
110. 42
117.62
120. 90
100. 15
62.48
104. 24
104. 90
110.97
110.16
117.62
120. 60
124. 53
121. 80
98.28 ' r101. 49
59.24
59. 59
109. 89
108. 84
93. 81
118. 14
114. 51
111.41
94.73
135. 38
111.11
113.05
88.09
127.32
108.13
107. 71
76.16
121.97
110. 98
111.30
99. 91.
127. 26
111.38
113. 58
80.88
122. 30
110. 70
114.01
82 2C
119.03
110.83
110. 27
93. 23
121.69
111.22
111.37
93. 50
121. 60
108. 67
111.49
94.26
114. 10
107. 47 'r 108. 41
112. 74
110. 43
84.39
95.22
108. 23 r 111.51
117. 83
95.90
113.88
110.87
114. 14
113.81
96.13
117.81
113. 47
119. 13
116.72
92.38
113.72
108.00
114.87
112.12
91.46
113.75
111.16
114.22
113. 52
92. 89
115. 50
116.91
115. 60
115. 18
98. 55
119. 19
117.96
119. 19
116.03
98.78
119.56
118.03
119.91
113.52
101. 70
121.18
121.06
121.24
116.16
102. 60
123. 61
124. 91
123. 68
112.44
102. 37
124. 31
126. 90
123. 68
116. 44 '115.87
101.66 r 102. 12
123. 13 r 125. 50
126. 42
128. 65
122. 40 r 125. 17
do
95.44
89 95
109. 03
96.10
87.42
107. 98
95.60
86.14
108. 39
97.33
87.42
107.59
97.78
87. 58
108. 26
97.78
86. 36
108. 94
99.79
87. 81
109.34
100. 92
88. 26
109. 34
100. 22
89.95
110.02
100. 22
89.27
110. 16
99.96
95 47
115.37
do
drinking
dollars
do
do
do
91.71
91.94
90.80
90. 35
91.37
91.83
92.46
93.09
94.19
93.56
94.13
' 93. 90
66.38
47. 46
69.81
88.71
66. 09
50. 01
69. 26
86. 29
66.95
48.19
69. 38
88.04
66. 95
48. 19
69. 34
87.40
66. 95
48.33
69.89
88. 91
67.48
48.99
70.13
91.73
67.69
48.87
70. 60
90. 87
68. 80
49.74
72.16
91. 29
69. 52
50.75
73. 16
91.29
69.32
50.26
72.76
89.96
68.43
49. 30
72.27
88.24
' 68. 44
' 48. 87
do-._
68. 26
68.81
69. 93
69. 94
69.56
69. 94
69.75
69.75
70.31
69.75
69.75
70.69
48.24
46.37
54.35
48.40
47.24
54.91
48.12
47.04
53.10
47. 64
46. 92
52.40
48. 00
46. 68
52.68
47. 52
48.00
57.94
48.28
48. 68
55. 95
48.80
48. 68
57. 06
48.80
48. 56
54.43
49.04
48.07
53. 02
48.83
48.46
54.67
' 49. 48
48.83
56 20
2.23
2. 16
2.38
2.31
2.59
2.27
2.20
2.43
2.35
2.61
2.29
2.21
2.46
2.37
2.62
2.29
2.21
2.45
2 37
2.62
2.29
2.22
2.45
2.38
2.62
2. 28
2.22
2.44
2.38
2.61
2.29
2.22
2.44
2.37
2.61
2.29
2.22
2.45
2.38
2.63
2.29
2.22
2.45
2.38
2.63
2.27
2.21
2.43
2.37
2.64
2.30
2.23
2.46
2.39
2.67
2.30
2.23
2.46
2.39
'2.68
'2.30
2.24
2.46
2.39
'2.68
P2.32
2.01
1.94
1.83
2.24
2.78
2.00
1.92
1.85
2.25
2.85
1.96
1.91
1.85
2.26
2.87
1.98
1.91
1.85
2.26
2.86
2.00
1.93
1. 86
2.27
2.85
2.01
1.92
1.85
2.26
2.85
2.03
1.93
1.85
2.27
2.82
2.07
1.98
1.86
2.27
2.82
2.07
1.98
1.86
2.28
2.81
2.07
1.99
1.86
2.29
2.80
2.11
1.99
1.87
2.29
2.81
'2.06
'1.95
1.87
2.30
'2.80
'2.01
P2.01
'1.86
2.30
'2.79
pl.87
P2.31
P2.83
3.00
2.36
2.52
2.24
3.10
2.41
2.54
2.27
3.12
2.45
2.55
2.28
3.09
2.43
2.55
2.28
3.08
2.43
2.56
2.28
3.11
2.42
2.55
2.27
3.05
2.45
2.57
2.29
3.07
2.45
2.57
2.30
3.06
2.46
2.57
2.30
3.02
2.45
2.56
2.30
3.03
2.48
2.57
2.32
3.02
2.47
2.58
'2.31
2.46
'2.59
'2.33
P2.47
P2.60
P2.33
2.67
2.68
2.66
2.63
2.31
1.91
2.72
2.77
2.68
2.62
2.33
1.94
2.76
2.84
2.67
2.62
2.32
1.95
2.74
2.81
2.68
2.61
2.34
1.95
2.73
2.79
2.68
2.63
2.35
1.94
2.71
2.74
2.67
2.62
2.33
1.94
2.73
2.77
2.69
2.63
2.34
1.94
2.74
2.78
2.71
2.66
2.35
1.94
2.74
2.78
2.70
2.72
2.37
1.94
2.75
2.80
2.71
2.74
2.37
1.94
2.81
2.87
2.74
2.78
2.38
1.95
2.81
2.87
'2.73
2.78
'2.37
1.95
2.79
P2.79
2.38
1.96
^2.39
pl.97
2.08
2.02
2.18
2.45
1.79
2.18
2.07
2.01
2.15
2.42
1.81
2.19
2.09
2.02
2.14
2.47
1.77
2.21
2.09
2.03
'2.17
2.46
'1.80
2.21
2.10
2.04
2.20
P2.ll
Nondurable goods industries
Food and kindred products 9
Meat products
Canning and preserving
Bakery products
_ -
_ do
do
do
do
do
-
do __
do
_ do do
do _
do
Nonmanuf actur ing industries :
Morning
do
Metal
do
Anthracite
do
Bituminous coal
do
Petroleum and natural-gas production (except
contract services)
dollars
Nonmetallie mining and quarrying —
do
Contract construction
_ _ do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
Gas and electric utilities
Wholesale and retail trade*.
Wholesale trade
Retail trade (except eating and
places) 9
General merchandise stores
Food and liquor stores
Automotive and accessories dealers
do
Finance, insurance, and real estate:
Banks and trust companies}:
Service and miscellaneous:
Hotels r year-round
Laund ies
Cleaning and dyeing plants
_ do
do
do
Average hourly gross earnings per worker on payrolls
of nonagricultural establishments:
All manufacturing industries
dollars
Excluding overtime^
do
Durable goods industries
_ _ - do
Excluding overtimed
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars. .
Sawmills and planing mills
do
Furniture and
fixtures
_ __
- - do _
Stone, clay, and glass products _ __ _ do _
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
dollars-.
Fabricated metal products cf
do
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment 9 _
Motor vehicles and equipment
Aircraft and parts
Ship and boat building and repairsInstruments and related products
Miscellaneous mfg. industries
__
- do
do
do
-do. .
do
do. _.
2.06
2.04
2.03
2.06
2.08
2.05
2.07
Nondurable goods industries
do
2.05
2.01
1.96
2.00
1.97
1.99
1.98
2.01
2.01
Excluding over time §
do __
2.19
2.14
2.19
2.16
2.19
2.19
2.18
Food and kindred products 9
do
2.18
2.43
2.43
2.43
2.47
2.43
2.44
2.48
2.43
Meat products
do-_
1.85
1.72
1.86
1.77
1.80
1.79
1.83
Canning and preserving
do
1.81
2.14
2.15
2.12
2.12
2.17
2.13
2.16
Bakery products
do. __
2.13
r
p
Revised.
Preliminary.
cfExcept ordnance, machinery, and transportation e quipmen t.
9 Includes data for industries not shown separately.
JRevised series (first shown in September 1959 SUEVEY); dat a beginni ag Januar y 1958 are calculate i on a diiTerent bas is and anj not
December 1957.
§Derived by assuming that overtime hours are pai 3 at the reite of timej and one- half.
04
' 98. 15
' 104. 49 r 103. 86
' 93. 09 ' 92. 97
••115.49 '111.88
r 119.39
' 111.93
' 109. 53
'95.99 ' 96. 39
' 78. 40
78.20
r 100.
p 97. 32
p 104. 78
p 92. 50
p 110. 48
p 95. 84
p 77. 82
81. 51
88. 97
101.11
r 72. 00
89.51
' 81. 48 p 80. 60
' 89. 32 p 89. 87
' 65. 21
' 63. 24
rr 62. 88
57 99
r
56. 45
' 65. 63 p 69. 92
' 63. 18 p 61. 88
r
' 55. 97 p 53. 07
r 97. 71
' 96. 14 p 95. 12
' 106. 76
107. 14 ' 106. 86 p 107. 44
r
' 105. 16 p 104. 04
' 118.84
p 117. 74
' 100. 58 p 99. 43
' 60. 59 P 59. 59
98. 83
92 00
' 112. 89
r 72. 01
r
89. 59
P2.47
p 2 . 69
P2.23
stric tly compsirable wit h publish ed figures through
SUEVEY OF CUKKENT BUSINESS
January 1961
S-15
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1960
Novem- December
ber
January
February
March
April
May
June
July
DecemOctober XovemAugust September
ber
ber
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average hourly gross earnings per worker on payrolls
of nonagricultural establishments— Continued
All manufacturing industries— Continued
Nondurable goods industries— Continued
Tobacco manufactures
dollars _
Textile mill products 9
do
Broad woven fabric mills
do
Knitting mil'do
Apparel and other finished textile prod
do
Paper and allied products
do
Pulp naper ^ n d pnperboard mills
do
Printing", publishing, and allied industrics-.do
Chemicals and allied products5
do-.-.
Industrial organic chemical*
do
Products of netroleum and coal
do
Petroleum refining
-do - Rubber products
do
Leather and leather products
do.- _
Nonmanu
facturing industries:
Mir in0'
do
Metal
do
Anthracite
do _.
Bituminous coal
do
Petroleum and natural-gas production (except
contract services)
dollarsNonmetallic mining and quarrying
do __.
Contract construction
- do
Nonbutlding construction
do ..
Build in°" construction
do
Transportation and public utilities:
Local railwavs and bus lines
- - - do.
Telephone *
do
Gas and electric utilities
- do _ _ .
Wholesale and retail trade:
Wholesale tr-'de
do
Retail trade (except eating and drinking places) 9
dollars _ General merchandise stores .-do- Food and liquor stores
-. . do
Automotive and accessories dealers _ do
Service and miscellaneous:
Hotels, vear-round
..
- do
Laundries
-- - -- do
Cleaning and dyeing plants
do
Miscellaneous wTage data:
Construction wages (ENR): §
Common labor
dol. per hr
SkilVd labor
do
Equipment operators
do
Farm wages, without board or room (quarterly)
dol per hr
Railroad wages
(average, class I)
-do __
Road-build-in 0 " wages common labor (qtrly) do
1.69
1.59
1.56
1.49
1.53
2.23
2.38
2.71
2.44
2 61
2^90
3.01
2.46
1.62
1.70
1.59
1.56
1.49
1.53
2.23
2.38
2. 74
2.45
2. 62
2.90
3.00
2.49
1.62
1.72
1.60
1.56
1.51
1.54
2.24
2.38
2. 73
2.46
2.62
2.91
3.01
2.51
1. 63
1.70
1.60
1.50
1.51
1.55
2.25
2.39
2.74
2.46
2. 62
2.90
3.00
2.50
1.63
1.72
1.62
1.60
1.52
1.56
2 24
2^38
, 2.75
2.47
2.63
2.90
2 99
2.48
1. 64
1.80
1.61
1. 60
1.50
1.53
2.24
2.37
2.75
2.48
2. 68
2.93
3.03
2.47
1.64
1.80
1.63
1.61
1.52
1.54
2.26
2.40
2.77
2.49
2. 65
2.90
3.01
2.70
2.61
2.76
3.30
2.72
2.64
2.77
3.31
2.73
2. 66
2. 77
3.29
2.71
2. 64
2 80
3.27
2.72
2. 65
2.70
3^28
2.71
2. 66
2.77
3.27
2.86
2.22
3.19
2 85
3.28
2.81
2.22
3.21
2.88
3.30
2.84
2 21
3^24
2.88
3.32
2.81
2 22
3! 25
2.91
3.33
2.81
2.26
3.30
2.99
3.38
2.83
2 25
3.23
2.87
3.32
2.23
2.21
2.64
2.24
2.23
2.64
2.26
2 22
2. 65
2.29
2.23
2.65
2.29
2 24
2^66
2.27
2.27
2.27
2.27
1.77
1.40
1.95
2.03
1.73
1.37
1.94
1.97
1.79
1.43
1.96
2.01
1.79
1.43
1.97
2.00
1.20
1.18
1.39
1.21
1.19
1.39
1.20
1.20
1.39
2.624
3 931
3.559
2. 627
3.942
3.560
2.599
1.82
1.63
1.62
1.52
1.54
2.28
2.43
2.77
2 52
2^67
2.91
3.02
2.53
1.65
1.82
1.62
1.61
1.50
1.55
2.29
2.44
2.78
2.55
2.70
2.92
3.03
2.55
1.64
1.71
1.62
1.61
1.51
1.57
2.30
2.45
2.77
2.54
2.68
2.89
3.00
2.51
1.64
1.57
1. 62
1.60
1.52
1.58
2.32
2.47
2.80
2.54
2.70
2.92
3.03
2.52
1.65
' 1. 61
'1.63
1.60
' 1. 53
1.59
'2.31
2.46
2.79
2.53
2.70
2.89
3.00
' 2. 55
1.66
3! 27
2.69
2.67
2.75
3.28
2.68
2.69
2.75
3.26
2.67
2.68
2.74
3.26
2.68
2.71
2.74
3.26
2.69
2.72
2.76
'3.27
2.83
2. 25
3.24
2. 90
3.34
2.81
2 25
3^24
2.91
3.34
2.84
2.28
3.27
2. 96
3.37
2.79
2 28
3.28
3. 00
3.37
2.84
2.30
3.31
3.01
3.40
2.84
' 2. 30
3.32
3.02
'3.42
2.29
2 22
2. 67
2.31
2 24
2^68
2.32
2.24
2.68
2.32
2.26
2.69
2.32
2.26
2.70
2.33
2.34
2.76
2.32
'2.30
'2.74
2.29
2.29
2.30
2.31
2.32
2.31
2.33
'2.33
1.79
1.43
1.98
2.03
1.79
1.42
1.97
2.08
1.81
1. 45
2.00
2.07
1.82
1.45
2.01
2.07
1.82
1.45
2.01
2.07
1.81
1.44
2.01
2.04
1.82
1.45
2.03
2 01
'1.83
1.45
' 2. 04
1.20
1.20
1.39
1.20
1.20
1.39
1.20
1.20
1.42
1.21
1.22
1.42
1.22
1.22
1.43
1.22
1.22
1.41
1.22
1.22
1.41
1.23
1.23
1.42
1.24
1.23
1.43
2. 638
3. 948
3. 563
2.638
3. 950
3.572
2. 642
3.950
3.582
2. 645
3. 958
3.598
2.672
3. 976
3.604
2.706
4.020
3.635
2.724
4.050
3. 664
2. 734
4. 063
3.695
2.739
4.087
3.712
2. 739
4.090
3.718
2.575
1.05
2.601
1 95
2.612
2.568
1.03
2.585
1.92
2. 588
2. 581
1 02
2.621
2.11
2.592
2.645
.90
2. 650 — ._..„
2.21
3.0
1.5
4.1
1.0
2.6
3.8
1.3
3.1
.9
1.7
3.6
1.9
2.9
1.0
1.3
2.9
1.7
3.0
1.0
1.5
2.7
1.5
3.7
1.0
2.2
2.8
1.4
3.6
1.1
2.0
3.2
1.7
3.3
1.1
1.6
3.9
2.3
3.3
1.1
1.7
2.9
1.7
3.6
1.1
2.0
3.8
1.9
4.3
1.5
2.2
3.8
1.9
4.4
1.9
2.0
'2.8
'1.5
'3.8
1.0
2.2
p^9
p3. 7
161
41
112
23
200
65
250
70
270
85
370
110
400
150
425
190
325
150
300
155
225
140
250
120
140
70
95
70
402
652
4,300
285
101
1,430
325
140
1,000
400
145
1,250
430
140
1,500
530
190
1, 500
600
225
1, 750
650
285
2, 750
575
250
2,150
550
250
2,000
425
210
1,750
450
170
1, 750
375
110
1,000
300
80
850
L65
'1.75
1.62
Pl.77
p 1. 62
'1. 59
2.30
p 1. 57
P 2. 32
2.79
2.54
P 2. 82
P 2. 55
2.92
P2.90
2. 54
1.66
P 2. 53
pl.66
T
------
2.745
4.095
3. 744
2.747
4.099
3.728
« 1.08
LABOR CONDITIONS
Labor turnover in manufacturing establishments:
Accession rate, total
mo. rate per 100 employeesNew hires
do
Separation rate total
do
Quit
do
Layo ff
do
Industrial disputes (strikes and lockouts):
Beginning in month:
Work stoppages
number _
Workers involved
thousands
In effect during month:
Work stoppages
_ _ _
number
Workers involved
__ __ __ thousands .
Man-days idle during month
_ do ._
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
thousands
Unemployment insurance programs:
Insured unemployment, all programsf 9
do_ _
State programs :f
Initial claims
- do
Insured unemployment, weekly average..
_do
Percent of covered employmentd71 -Beneficiaries, weekly average
thousands-Benefits paid
mil. of doL.
Federal employees, insured unemployment
thousands—
Veterans' program (UCX):*
Initial claims
do _
Insured unemployment, weekly average. -_do
Beneficiaries weekly average
do
Benefits paid
mil. of dol._
.RailrocHl program:
Applications
thousandsInsured unemployment, weekly average—do
Benefits paid
mil. ofdoL
P2^5
465
432
418
412
450
511
534
537
491
556
584
517
l,8f;3
2,008
2,359
2,326
2,370
2,078
1,801
1,700
1, 826
1,804
1,781
1, 839
1, 501
1,677
4.4
1, 285
168.3
1, 645
1, 841
4.8
1, 545
219.5
1 091
2,180
5. 6
1,814
235. 2
1 265
2,157
5.5
1,879
247.8
1,387
2, 209
5.7
1,981
287. 1
1,232
1, 939
4.9
1, 792
237. 4
1,162
1,682
4.3
1,494
204. 9
1.197
1, 588
4.0
1,447
198. 9
1, 426
1, 686
4.3
1,392
183.8
1, 407
1,657
4.2
1,399
206.3
1, 206
1, 598
4.0
1, 418
201.8
1,393
1, 678
4. 2
1. 395
189. 9
31
33
38
39
38
33
30
29
30
30
28
30
33
P34
29
48
42
5.3
31
53
50
7.0
31
61
57
7.4
27
61
59
7.6
29
61
59
8.3
23
54
55
7.0
45
45
6.0
27
45
44
6.0
30
49
43
5. 5
32
52
48
6.8
27
49
48
6.4
29
50
45
5.9
33
58
52
7.0
p 70
21
93
21.7
15
105
19.2
12
78
16, 6
6
69
13.8
59
63
13.4
6
54
10.4
5
45
7.9
6
39
7.5
81
61
7.4
31
65
12.1
99
107
18.5
20
82
15. 2
'95
P 101
430
' 2, 225 P 2, 845
1,744
2, 039
5.1
1, 603
231.1
r
P 2~639
P6.6
•f Revised.
p Preliminary.
°As of January 1, 1961.
9 Includes data not shown separately.
§Rates as of January 1, 1961: Common labor, $2.765; skilled labor, $4.118; equipment operators, $3.736.
jBeginning with the October 1959 SURVEY, data are revised to include operations in Alaska and Hawaii; figures for State programs are also revised to exclude Federal employees'
program (shown separately below). Total insured unemployment includes the UCV program (not shown separately) through Jan. 31, 1960 (expiration date).
cf Rate of covered employment expresses average insured unemployment in each month as a percentage of average covered employment for the most recent 12-month period for which data
are available (the lag for covered employment data may range from 6 to 8 months).
*New series. Data relate to person's eligible for compensation under the Ex-Servicemen's Unemployment Compensation Act of 1958 (effective Oct. 27,1958).
SUEVEY OF CUKEENT BUSINESS
3-16
January 1961
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1960
Novem- December
ber
January
Februarv
March
A pril
May
June
July
August
Septem- October Novem- December
ber
ber
FINANCE
1
BANKING
Open market paper outstanding, end of mo.:
"Rankers' acceptances
mil. of dol__
Commercial and finance company paper, totaL-do
Placed through dealers
do__
Placed directly (finance paper)*
do
1, 029
3. 664
784
2,880
1,151
3,118
627
2,491
1,229
3,889
664
3,225
1,240
4, 085
718
3,367
1, 366
4,320
805
3,515
1,336
4,269
888
3,381
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.:
Total
in}}, of dol _
Farm mortgage loans: Federal land banks.. do
Loan c to cooperatives
__do_ _
Other loans and discounts
do
4, 462
2, 345
642
1, 474
4,449
2,360
622
1,467
4,487
2,378
632
1,477
4, 551
2,400
'624
1,528
4, 616
2,428
609
1,580
4,690
2,446
594
1,649
217, 139
82, 273
43,810
261,121
104,976
51, 763
230, 115
88, 529
46, 305
221.980
85, 058
45, 626
245, 721
96, 593
50, 410
53, 555
28. 946
833
26, 922
19,277
54,028
28, 771
458
26, 648
19, 164
52, 262
27,613
862
25, 464
19, 155
51,431
739
25, 209
19,134
51,577
27, 103
756
25, 264
19,113
do _
do
do
do
53, 555
19, 686
18.415
27, 954
54, 028
19,716
18,174
28, 262
52, 262
19, 536
18,396
27, 599
51, 431
18,725
17,754
27, 433
Ratio of gold certificate reserves to deposit and FR
note liabilities combined
percent.
40.5
39.9
40.6
All member banks of Federal Reserve System, averages
of daily figures:*
Fxcess reserves
mil. of dol__
Borrowings from Fed Reserve banks
do
Free reserves
do
445
878
-433
482
906
-424
61, 017
63, 204
64, 626
4, 782
3,838
67, 641
4,814
3,139
30, 159
28, 704
1,309
13, 894
Bank debits total (344 centers)
New York Citv71
6 other centers^
do
do
do
Weekly reporting member banks of Fed. Reserve System, condition, Wednesday nearest end of month :f
Deposits:
Demand adinsted©
mil. of dol
Demand! except interbank":
Individual^ partnerships and corp
do
States and political subdivisions
.do _
United States Government
do
Time except interbank total 9
Individuals, partnerships, and corp
States and political subdivisions
Interbank (demand and time)
do
do
do
_do_ __
Investments, total
do
U.S. Government obligations, direct and guaranteed total
mil. of dol_.
Bills
-do __
Certificates
_ _
do
Other securities
_
do
Loans (adjusted), total©
do
Commercial and industrial
do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol__
To nonbank financial institutions
do
Real estate loans
do __
Other loans
do _
Money and interest rates:§
Bank rates on business loans:
In 19 cities
New York Citv
7 other northern and eastern citie^
1,382
4,459
1,021
3,438
1,561
4,652
1,116
3,536
1,656
4,920
1,266
3,654
1,668
4, 558
1,263
3,295
1,753
5, 056
1,365
3,691
1,868
5,097
1,380
3.717
4,747
2, 468
565
1,714
4,812
2,487
551
1,774
4, 853
2,500
557
1,795
4,871
2,515
562
1,794
4,870
2,528
589
1,753
4,837
2,538
638
1,660
4,787
2, 548
652
1,587
296, 002 232. 839
86, ] 74 88, 551
46, 862
47, 895
250, 849
99. 809
50, 415
223. 567
86, 063
45, 254
241, 799
92,435
49,474
240, 798
97, 162
47, 909
233, 110
89, 905
47, 567
235,183
91, 020
47, 577
51,983
27, 1 31
571
25, 558
19, 066
51,144
27, 262
342
26, 035
19, 059
52, 394
27, 869
258
26, 523
19, 029
52, 116
28, 131
343
26, 885
18, 839
52, 009
27, 907
405
26, 762
18, 709
52,134
28. 402
181
27, 024
18, 394
52, 183
28, 729
193
27, 402
18, 107
51, 962
28, 731
101
27, 488
17, 610
52, 984
29, 359
33
27, 384
17, 479
51 , 577
18,861
17,773
27, 341
51,983
1 8, 976
17, 850
27 ^58
51,144
18,643
17,619
27, 344
52, 394
19,126
17,941
27, 505
52, 116
19,305
18, 261
27, 612
52, 009
18, 853
17, 735
27, 621
52, 134
19,110
17, 942
27, 651
52, 183
19, 120
17,956
27, 680
51. 962
17, 924
16, 770
28, 066
52, 984
18, 336
17,081
28, 450
41. 5
41.4
41.2
41.4
40.8
40.2
40.3
39,3
38.7
38.3
37.4
544
905
-361
455
816
-361
416
635
-219
408
602
-194
469
502
-33
466
425
41
508
388
120
540
293
247
639
225
414
638
149
489
756
142
614
P759
94
^665
60,616
59, 536
59, 085
60, 702
58, 185
58, 649
59, 392
58, 934
58, 813
59, 794
59, 762
61, 490
63, 727
4, 921
2, 607
62, 838
4,920
2,954
61, 890
4,836
2,843
63, 770
4, 981
3.219
62, 259
5,137
5,002
62, 026
4,718
4,965
62, 469
4, 947
4,549
62, 236
4,794
3,676
62, 306
4,630
5,524
63, 918
4,945
4,413
64, 302
4,862
3,511
67. 026
4, 691
3,956
30, 533
28, 969
1,420
14, 346
30, 146
28, 483
1,518
13, 303
30, 146
28, 481
1, 521
12, 783
30, 423
28, 731
1,550
12, 597
30, 454
28, 679
1,640
12, 638
30, 613
28, 805
1, 676
13, 352
31,157
29, 250
1,778
13 299
31, 428
29,417
1,882
13, 736
31, 858
29, 738
1,987
13, 592
32, 186
30.112
1,945
13, 784
32, 502
30, 432
1,940
14, 993
37, 918
37, 294
36, 141
35, 040
34, 150
35, 563
35, 082
34, 733
36, 679
36, 902
37, 490
38, 994
38, 883
40, 242
28, 164
2,489
1, 123
24, 552
9,754
27, 468
2,243
1,084
24, 141
9, 826
26, 444
2,001
1, 203
23, 240
9,697
25, 352
1,617
464
23, 271
9, 688
24, 495
1,069
431
22, 995
9,655
25, 991
1,474
444
24, 073
9,572
25, 752
1,314
874
23, 564
9,330
25, 359
950
874
23, 535
9, 374
27, 062
2,782
848
23, 432
9, 617
27, 381
2,612
1,309
23, 460
9, 521
27, 816
2, 825
1,364
23, 627
9,674
29, 305
4,037
1,458
23, 810
9,689
29, 312
3.500
1,327
24, 485
9,571
30, 165
4, 028
1, 537
24, 600
10, 077
66, 335
30,015
2,188
68, 069
30, 465
2,579
66, 036
29, 957
1,938
66, 532
30, 320
1, 769
66, 890
31,026
1,479
67, 492
30, 940
1,812
67, 843
31,170
1,705
68, 691
31, 645
1.665
68, 469
31.104
1,982
67, 948
30, 970
1,865
68, 727
31, 541
2, 066
68, 812
31,656
2,260
r 68, 445
r 31, 749
1,851
70, 174
31, 931
2, 610
1,329
5, 531
12, 574
17, 516
1,338
6,187
12, 652
17, 475
1,306
5, 504
12,615
17, 253
1,289
5, 789
12, 605
17, 360
1, 266
5, 758
12, 586
17, 641
1,251
5,878
12,58]
18,099
1,274
5, 932
12, 548
18, 149
1,267
6,192
12, 543
18, 130
1,279
6,183
12, 510
18, 486
1,274
5.828
12, 566
18, 247
1,292
5, 778
12. 556
17, 955
1,294
5. 460
12 522
18, 393
1,281
1,318
' 5, 323 5, 927
12,524
12,
508
r
17, 895
18,716
i
Federal Reserve banks, condition, end of month:
Assets total 9
-do
Reserve bank credit outstanding total 9
do
Discounts and advances
_do . _
United States Government securities
do
Gold certificate reserves
do
Liabilities total 9
Deposits, total 9
Member-bank reserve balances
Federal Reserve notes in circulation
1,263
4,492
920
3,572
26 9nl
5.36
5.19
5.39
5.56
percent
do
do
5.34
5.18
5.34
5 57
5 35
5.19
5.34
5 58
r
rr 32, 483
33, 114
30, 334
30,760
2,017
2,220
' 15, 660 15, 493
4 97
4.74
4 96
5 32
4
4
4
5
99
77
97
33
Discount rate, end of mo. (N.Y.F.R. Bank)... do
Federal intermediate credit bank loans J
do
Federal land bank loanst
do „
4.00
5.44
5.89
4.00
5.45
5.89
4.00
5.63
6.00
4.00
5.72
6.00
4.00
5.70
6.00
4.00
5.57
6.00
4.00
5.31
6.00
3.50
5.30
6.00
3.50
5.11
6.00
3.00
4.75
6.00
3.00
4. 55
6.00
3.00
4.43
6.00
3.00
4.35
6.00
3.00
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
Commercial paper (prime, 4-6 months)
__do_ __
Finance Co. paper placed directly, 3-6mo.*__do
Stock Exchange call loans, going rate
do
4.25
4. 67
4.38
4.75
4.47
4.88
4.82
4.75
4.78
4,91
5.02
5.41
4.44
4.66
4.50
5.50
3.96
4.49
4.16
5.50
3.88
4. 16
3. 74
5. 50
3.78
4. 25
3.88
5.11
3.28
3.81
3.24
5.00
3.13
3.39
2.98
5.00
3.04
3.34
2.94
4.85
3.00
3. 39
3.13
4.50
3. 00
3.30
3.11
4.50
3. 00
3. 28
2.91
4. 50
2. 92
3. 23
2.97
4.50
4.209
4.74
4. 572
4. 95
4. 436
4.87
3.954
4. 66
3. 439
4.24
3.244
4.23
3.392
4.42
2. C41
4.06
2.396
3.71
2. 286
3.50
2. 489
3.50
2.426
3. 61
2. 884
3. 68
9 9~9
20, 424
962
20, 651
948
20, 544
928
20, 558
909
20, 774
894
20, 659
879
20, 684
849
20, 848
836
20, 832
823
20, 874
810
21,063
798
21, 051
788
21, 135
779
21, 400
770
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent- .
3-5 year issues _
_
_do
Savings deposits, balance to credit of depositors:
New York State savings banks
...mil. of dol__
U.S. postal savingsf
do____
r
p
1
"3^51
Revised.
Preliminary.
*New series (from Board of Governors of Federal Reserve System); for back data, see Federal Reserve Bulletins.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
fRevised series, reflecting change in coverage and format. Figures through 1958 on old basis appear in the 1959 edition of BUSINESS STATISTICS; January-June 1959 figures, in
September 1959 SURVEY.
©For demand deposits, the term "adjusted" denotes exclusion of interbank and U.S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of
loans to banks (domestic commercial banks only, beginning July 1959) and deduction of valuation reserves (individual loan items are gross, i.e., before deduction of valuation reserves).
§For bond yields, see p. S-20.
JMinor revisions prior to September 1959 will be shown later.
*[Data are as of end of consecutive 4-week periods ending in month indicated, except June figure which is as of June 30 (end of fiscal year).
January 1961
SUEVEY OF CUEKENT BUSINESS
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-17
1960
January
February
March
April
May
June
July
' 53, 809
August Septem- October Novem- December
ber
ber
FINANCE—Continued
CONSUMER CREDIT f
(Short- and Intermediate -term)
mil. of dol__ ' 50, 503 '52,119
Total outstanding, end of month
Installment credit, total
do
Automobile paper
Other consumer goods paper
Eepair and modernization loans
Personal loans
' 16, 633
do
r 9, 864
do
f 2, 754
do
- do_ __ ' 9, 773
-
By type of holder:
Financial institutions total
Commercial banks
Sales finance companies
Credit unions
Consumer finance companies
Other
do
do
_ _ _ _ do
do
do
do
Retail outlets, total
Department stores
Furniture stores
Automobile dealers
Other
-
Noninstallment credit total
Single-payment loans, total
Commercial banks*
Other financial institutions*
Charge accounts, total
Department stores*
Other retail outlets*
Credit cards*
Service credit
- -
Installment credit extended and repaid :
Unadjusted:
Extended total
\Titoniobile paper
Other consumer goods paper
All other
r 39, 024
_
'51,468 ' 51, 182 '51,298
' 52, 353 ' 52, 991
' 53, 662
' 39, 852
' 39, 738 ' 39, 785 ' 40, 020
' 40, 651 '41,125
' 41, 752 ' 42, 050
' 16, 549
' 10, 476
' 2, 784
' 10, 043
' 16, 519 ' 16, 626
' 10, 386 ' 10, 254
' 2, 769 ' 2, 772
' 10, 064 ' 10, 133
' 16, 826 ' 17, 170 ' 17, 431
' 10, 192 ' 10, 281 ' 10, 339
' 2, 783 ' 2, 814 ' 2, 865
' 10, 219 ' 10, 386 ' 10, 490
'17,755
' 10, 462
' 2, 905
' 10, 630
' 54, 092
' 17, 893 ' 18, 020
' 10, 452 ' 10, 477
' 2, 934 ' 2, 975
' 10, 771 ' 10, 906
' 54, 344
54, 626
42, 703
' 18, 021 ' 17, 992 17, 967
' 10, 543 ' 10, 625
10, 715
' 3, 001 '3,013
3,020
' 10, 952 ' 10, 961 11,001
' 33, 821 ' 34, 176 ' 34, 332 ' 34, 576 ' 34, 764 ' 35, 431 ' 35, 902 ' 36, 481 ' 36, 857 ' 37, 199 ' 37. 318 ' 37, 330
r 15, 131
' 15, 227 ' 15. 366 '15,433 ' 15, 440 '15,711 '15,911 ' 16, 145 ' 16, 239 ' 16, 362 '16,416 ' 16, 408
10, 117
10, 145
10, 168
10, 357
10, 604
11. 142
11, 154
10, 744
10, 945
11,062
10, 276
11,147
r 3, 230
' 3, 280 ' 3, 272 ' 3, 308 3,381 ' 3. 471 ' 3, 537 ' 3, 626 ' 3, 679 ' 3, 754 ' 3, 795
' 3, 626 ' 3, 774 ' 3, 787 ' 3, 807 ' 3, 821 ' 3, 872 ' 3, 902 ' 3, 957 ' 4, 049 ' 4, 099 '4,111
'1,717 ' 1, 750 ' 1, 739 ' 1, 752 ' 1, 765 ' 1, 773 ' 1,808 ' 1, 808 ' 1, 828 '1,842 '1,842
do
do
- do
do
do
' 5, 203
' 2, 040
do
'11,479
do
do
do
r 4, 089
' 3, 514
'575
' 4, 144 ' 4, 056 ' 4, 129 ' 4, 191
' 3, 582 ' 3, 531 ' 3, 549 ' 3, 556
'562
'525
'635
'580
' 4, 226
' 3, 627
'599
do
do
do
do
do
' 4, 459
'716
r
3, 363
'380
' 2, 931
' 5, 104
'958
' 3, 753
'393
'3,019
' 4, 595 ' 4, 104
'824
' 685
' 3, 378 ' 3, 034
'393
'385
' 3, 079 ' 3, 164
' 3. 927
'622
'2,917
'388
' 3, 160
' 4, 245 ' 4, 342 ' 4. 423 '4,311
' 633
'584
'656
'646
' 3, 206 ' 3, 305 ' 3, 382 ' 3, 295
'408
'432
'383
'391
' 3, 231 '3,211 ' 3, 193 ' 3, 183
'
'
'
'
'
'
'
'
' 3, 592 ' 3, 763
'1,269 ' 1, 424
'1,023
'961
' 1, 300 ' 1, 378
'
'
'
'
' 4, 509
' 1 , 692
'1,202
' 1, 615
' 4, 375
' 1, 658
'1,183
' 1, 534
'4,615
' 1, 733
'1,267
'1,615
' 4, 156
'1.473
' 1, 085
' 1, 598
'
'
'
'
' 3, 716
'1,317
' 1, 093
' 1, 306
' 4, 003
' 1, *29
'1,151
' 1, 423
'
'
'
'
3, 878
1, 348
1,113
1,417
'
'
'
'
3, 901
1, 397
1, 125
1,379
' 3, 988
' 1,409
' 1, 144
' 1, 435
'
'
'
'
'
'
'
'
4, 498
1, 635
1, 266
1, 597
'
'
'
'
4, 254
1, 557
1, 170
1, 527
'
'
'
'
' 4, 209
' 1,416
' 1, 167
' 1, 626
_ do __
do
do
do
' 54, 265
' 42, 378 ' 42, 517 ' 42, 591
r 1, 158
'494
' 1, 511
4, 029
1,312
1, 233
1, 484
' 5, 676
' 2, 292
' 1, 225
'481
' 1, 678
' 12, 267
4, 782
1, 283
1, 693
1, 806
' 5, 406
' 2, 103
' 1, 189
'480
' 1, 634
' 5, 209 ' 5, 256
' 1, 997 ' 2, 098
' 1, 167 '1,144
'482
'487
' 1, 563 ' 1, 527
' 11, 730 '11,397
'11,278
4, 238
1, 629
1, C89
1, 520
' 5, 220
' 2, 050
' 1, 135
'496
' 1, 539
' 5, 223
' 2, 054
' 1, 125
'503
' 1, 541
' 5, 271
' 2, 073
' 1, 132
'512
' 1, 554
' 5, 193
' 2, 020
' 1, 124
'516
' 1, 533
' 5, 179
'2,012
' 1, 132
'520
' 1, 515
'11,759
'11,714
' 4, 313 ' 4, 294 ' 4, 265
' 3, 631 ' 3, 682 ' 3, 663
'612
'602
'682
' 4, 276
' 3. 656
'620
' 11, 702 '11,866
' 11,910
' 5, 199
' 2, 049
' 1, 129
'519
' 1, 502
37, 368
16, 402
11,141
' 3, 833 3,870
' 4, 097
4,107
' 1, 845 1,848
' 5, 261
' 2, 103
' 1, 130
'518
' 1, 510
5, 335
2,155
1,140
517
1,523
'11,748 ' 11, 753 11, 923
'4,317
'3,715
'602
' 4, 272
' 3. 692
'580
4,301
3,711
590
' 4, 277 ' 4, 283
'584
'625
' 3, 236 ' 3, 199
'457
'459
3,161
' 3, 148
' 4, 370
'661
' 3, 266
'443
'3,111
4, 463
709
3,326
428
3, 159
4, 365
1, 570
1,165
1, 630
'4,010
' 1, 372
' 1, 173
'1,465
'4,012
' 1, 407
'1,207
' 1, 398
4,067
1,364
1,217
1,486
4, 037
1, 443
1, 140
1, 454
' 3, 871
' 1,371
' 1, 107
'1,393
'
'
'
'
3, 938
1, 436
1, 125
1, 377
3, 955
1,389
1,127
1,439
' 4, 071
'1,421
' 1,112
' 1, 538
' 4, 124
' 1, 421
'1,161
' 1, 542
'
'
'
'
4, 095
1, 454
1, 158
1, 483
4,132
1.481
1, 158
1,493
do
do
do
do
' 3, 664
' 1,305
' 1,036
' 1, 323
' 3, 954
' 1, 367
'1,081
' 1, 506
'
'
'
'
do _
do
do
do
'
'
'
'
4, 185
1, 465
1, 198
1, 522
'4,119
' 1,355
' 1, 230
' 1, 534
' 4, 159
'1,453
'1,227
' 1, 479
' 4, 196
' 1, 533
'1,171
'1,492
' 4, 259
' 1, 590
' 1, 178
'1,491
'
'
'
'
do
do
do __
do
' 3, 727
'1,327
' 1, 057
'1,343
' 3, 773
'1,352
' 1,071
' 1, 350
' 3, 849
'1,359
'1.117
' I) 373
' 3, 765
' 1, 330
' 1, 084
'1,351
' 3, 780
' 1, 342
'1,083
' 1, 355
' 3, 935
' 1, 379
' 1,111
'1,445
' 3, 912
' 1, 402
'1,127
' 1, 383
' 3, 934
'1,392
' 1,135
' 1, 407
'4,017
' 1, 385
' 1, 149
' 1, 483
'3,918
' 1, 388
' 1, 123
'1,407
' 3, 961
'1,375
' 1, 143
' 1, 443
' 4, 000
' 1,421
' 1, 149
'1,430
3,946
1,397
1,119
1,430
7,152
5,889
94
8,350
7, 339
99
5,425
4,867
90
9,289
7,237
93
12, 217
9, 580
105
7,468
5,064
91
9,725
6,550
91
12, 804
10, 891
90
3,976
3,128
84
8,590
6,454
93
10,211
8,981
87
3,641
2,823
92
7,900
6,300
91
do
do _
do
do
4,444
405
965
1,244
2,733
3,180
527
1,811
3,004
564
341
1, 427
5,718
483
1,611
1,384
3,332
6,192
1,149
1,439
4,290
619
858
1,609
5,783
467
1,918
1,466
4,125
5,530
1,155
1,903
1,401
670
383
1,439
4,996
409
1,608
1,484
4,486
3,492
792
1,354
1,296
481
389
1,383
4,648
455
1,295
1,411
do _
do
do
do
do
6,590
743
424
3,643
1,788
6,601
800
430
4,231
1,384
6,157
826
419
3,523
1,431
6,142
779
420
3,684
1,287
6,423
784
457
3,976
1,207
6, 032
772
421
3,669
1,179
6, 073
772
422
3,669
1,216
6,521
801
424
3,971
1,593
6,172
806
404
3,471
1,533
6,803
751
461
3,976
1,645
6,793
736
416
3,910
1,746
6,829
748
422
3,728
1,934
6,773
734
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
do
Interest bearing, total
do
Public issues
_ _ . _
do
Held by U.S. Govt. investment accts.cf._do
Special issues
_
do _
Noninterest bearing
_
do
290, 589
287, 742
244, 160
10, 117
43, 582
2,847
290, 798
287, 704
244, 197
10, 098
43, 506
3,094
291, 085
288, 086
245, 456
10, 496
42, 630
2,999
290, 583
287, 588
244, 753
10, 322
42, 835
2,995
286, 826
283, 772
240, 515
10, 330
43, 257
3,054
288, 787
285, 773
242, 930
10, 283
42, 843
3,014
289, 367
286, 308
242, 408
10,385
43, 900
3,059
286, 331
283, 241
238, 342
10, 360
44, 899
3,090
288, 338
285, 285
241, 088
10, 559
44, 198
3,053
288, 672
285, 634
240,413
10, 641
45, 222
3,038
288, 423
285, 358
240, 382
10, 487
44, 977
3,065
290, 487
287, 372
243, 097
10, 671
44, 275
3,115
290, 414
287, 138
242, 578
290, 217
286, 820
242, 474
44, 561
3,276
44, 346
3,396
Repaid, total
Automobile paper
Other consumer goods paper
All other
Adjusted:
Extended, total
Automobile paper
Other consumer goods paper
All other
Repaid, total.
_
Automobile paper
Other consumer goods paper
All other
_
3, 706
1, 299
1, 113
1, 294
4, 325
1, 537
1. 248
1, 540
3, 858
1, 335
1,095
1, 428
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
Receipts, net If
Customs
Individual income taxes
Corporation income taxes
Employment taxes
Other internal revenue and receipts
Expenditures, total f _ _ _ _
Interest on public debt
Veterans' services and benefits
Major national security
All other expenditures
mil. of dol_.
do __
_ do. _-
_ _ _
124
127
130
135
Obligations guaranteed by U.S. Govt., end mo._do
138
140
161
134
132
133
157
153
159
156
U.S. savings bonds:
49, 552
48, 647
Amount outstanding, end of month
do
48, 273
48, 182
48, 085
47, 889
47, 824
47, 620
47, 578
47, 953
47, 596
47, 605
47, 629
47, 527
332
421
377
438
393
349
Sales, series E and H
_ do
354
340
340
355
326
340
346
348
588
1,404
923
584
627
Redemptions
do
508
683
564
453
527
476
398
413
575
LIFE INSURANCE
Institute of Life Insurance:!
Assets, total, all U.S. life insurance companies
mil. of doL. 112,904 113,626 114, 202 114, 666 114,965 115, 394 115, 908 116, 377 117,005 117, 581 117, 947 118, 544 119,066
Bonds (book value), domestic and foreign, total
mil. of doL. 56, 700
56, 742
57,061
57, 214
58,164
57, 190
57, 291
57, 494
57,877
58, 398
57, 557
58, 031
58, 619
U.S. Government
_
do
7,016
7,011
6,848
6,975
6,723
6,661
6,524
6,808
6,559
6,592
6,586
6,632
6,547
3,154
State, county, municipal (U.S.)
do
3,177
3,197
3,222
3,278
3,304
3,257
3,546
3,421
3,579
3,317
3,464
3,605
15, 630
Public utility ( U S )
do
15, 744
15, 748
15, 761
15, 768
15, 783
15, 807
15, 834
15, 868
15, 875
15, 843
15, 844
15, 924
Railroad (U.S.)
do
3,781
3,795
3,790
3,764
3,779
3,770
3,758
3,756
3,775
3,767
3,766
3,749
3,750
23, 738
Industrial and miscellaneous (U.S.)
_do
23, 788
23, 907
24, 002
24, 224
24, 384
24, 114
24, 743
24, 998
24, 473
24,609
24, 729
25, 108
r
Revised.
v Preliminary.
fRevised series (to i]icorporatt} more cornprehensi ve inform ation rece ntly available, oth er change s, and to include d ata for Al aska beghming Jan uary 1959
and for Hawaii beginning August 1959) . Revisions for installmerj t credit e:rtend bac i to June 1956; tho se for non installme nt credit, back to J anuary 1( )47. For revisions 3rior to IS ovember
f f Virv T?nrlr
*T7'^«
«I"T\« *_
,„
„
UData for net receipts and total exr
penditures reflect exclusion of certain interfund transactions; comparable data for July 1958-July 1959 will be shown later. tfFor data prior to January 1959, see Treasury Bulletins.
JRevi
sions for January-October 1958 will be shown later.
SUEVEY OF CUEEENT BUSINESS
S-18
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
January 1061
1960
Janu-
Febru-
ary
ary
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
FINANCE—Continued
!
LIFE INSURANCE— Continued
Institute of Life Insurance©— Continued
Assets, all U.S. life insurance companies — Con.
Stocks (book value), domestic and foreign, total
mil. of dol__
Preferred (U.S.)
do
Common (U.S.)
do
Mortgage loans, total
do
Vonfarm
do
Real estate
do
Policv loans and premium notes
do
Cash
do
Other assets _ _ _
_
_ _do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):!
Value estimated total
mil. of dol
Group and wholesale
_ - do
Industrial
do
Ordinary total
do
New England
Middle Atlantic
East North Central
West North Central..
South Atlantic
East South Central
do
do
do
do
do
do
~\V est South Central _
_
do_ _
Mountain
do
Pacific (incl. Alaska and Hawaii)
do
Institute of Life Insurance t j
Payments to policyholders and beneficiaries, estimated total
mil. of dol
Death benefits
_ - do
Matured endowments
do
Disability payments
do
Annuity payments
Surrender values
Policv dividends
_
Life Insurance Association of America:
Premium income (39 cos.), quarterly total
Accident and health
Group
Industrial
Ordinary
do
do
do
3, 030
1,716
1,871
38, 984
36, 169
3,702
1,713
1,942
39, 299
36 475
3,717
1,720
1,949
39, 573
36 753
3,735
1,727
1, 961
39. 769
30 933
3,722
1, 750
1,927
40,011
37 155
3,742
1, 753
1,944
40, 236
37, 358
3, 785
1.770
1, 971
40, 439
37, 545
3,788
1,723
2,019
40, 031
37, 722
3,828
1,790
1,988
40, 694
37, 769
3,881
1,818
2,010
40, 920
37, 982
3, 885
1,830
1,990
41,099
38, 153
3,941
1,871
2,017
41,313
38 356
3,980
1,876
2,050
41,521
38 553
3, 673
4, 555
1,228
4,134
3,670
4, 605
1 327
4,281
3, 688
4,651
1,236
4,276
3, 698
4.709
1, 183
4,382
3,712
4,774
1 153
4,379
3,721
4.838
1,192
4,374
3, 766
4, 897
1, 180
4,347
3,786
4, 957
1 213
4,445
3,809
5,029
1,225
4,543
3,822
5,085
1,229
4, 613
3,828
5,138
1,178
4,655
3,834
5, 182
1 268
4,608
3,851
5 925
1 233
4,637
6, 250
1,327
58]
1
4, 342
8,017
2, 589
529
1
4, 899
4,864
872
491
3,501
5,396
980
507
3,843
6,284
1,092
576
4,616
5,842
913
597
4,332
6, 069
929
656
4,484
6,716
1,611
607
4,498
5,923
1,327
541
4,055
5,900
1,017
569
4,314
5, 585
1,031
550
4,004
6, 065
1,228
580
4,257
0 649
1, 623
543
4,483
281
954
826
320
565
200
312
990
925
384
617
221
222
734
683
280
434
164
241
824
767
303
495
181
285
954
941
357
569
223
263
919
871
322
559
207
276
945
869
349
593
215
277
946
852
362
591
210
245
846
783
339
525
190
268
887
858
352
559
201
236
782
784
329
527
199
259
866
845
335
570
230
290
958
860
340
589
223
392
180
539
478
233
644
353
163
467
393
101
477
466
216
605
432
197
562
447
209
581
408
207
580
424
190
513
424
205
559
418
200
529
394
195
552
425
221
577
591. 5
244. 5
49.9
9.4
814.2
307.4
60. 0
10.1
636.3
258.6
01.0
11.0
656. 6
282. 5
57. 3
9.9
770.2
327. 5
63.5
11. 1
650. 1
270. 2
56. 9
9.8
673. 5
285. 0
57. 7
10.2
072. 9
280. 0
57.3
9.9
605.7
251.4
48.4
9.7
679.4
292.2
51.4
10.7
633. 3
200. 9
50.9
9.0
026. 1
258. 4
52.8
10 3
600 7
283. 1
57 5
10 1
54. 8
116.6
116. 3
48.1
144. 2
244. 4
75.1
126. 4
104. 2
58. 5
129.4
119.0
58.6
155.9
153.6
59. 3
132.5
121.4
00.1
139. 0
120.9
00.8
134.7
130.2
59.4
132. 1
104.7
59.5
142.4
123.2
50.5
125. 9
129.5
58.8
132.9
112.9
59.3
135 0
115. 7
17, 910
51'? 2
v 17, 767
do
do
do
2, 815. 5
2, 771. 2
539. 6
240 7
321 8
173.0
1,496 0
2, 825. 0
522. 7
269 9
344 8
176.0
1,511.6
«3. 069. 3
526. 7
"387 6
324 9
276. 2
1,553 9
do
do
256.8
357. 0
170.1
1, 479. 6
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of mo.)
mil. of dol. _
Net release from earmark 5
do
Exnorts
thous. of dol
Imports- - _
_ _ _ _ _ _ _ do _
19.560
-71.4
418
47, 931
19, 456
—112. 0
176
9,092
19, 444
-!!..'>
106
2, 453
19, 421
-21.3
42
4,440
19,408
—13.5
111
17,592
19, 360
-71. 5
278
8, 639
19, 352
-14.2
71
10, 321
19, 322
-101.8
121
76, 649
19, 144
148
49, 096
19, 005
— 151.4
39
11, 954
18, 685
-319.5
167
5,376
18. 402
—397 5
270
125, 558
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_.
Prod action:
Canada
thous. of fine oz
Mexico
do
United States
do
Money supply (end of month, or last Wed.):
Currency in circulation
bil of dol
Deposits and currency, total
do _
Foreign banks deposits, net
do
U S Government balances
do
90.000
65, 600
13, 600
3,400
88, 500
64, 400
13, 200
3,700
89, 300
66, 300
13. 200
3,400
65, 600
13, 000
3, 100
64. 800
13, 600
3. 500
67, 000
12. 800
3, 500
68, 700
13, 200
4. 100
1 3, 500
3, 900
13, 800
4,500
13, 300
4,900
12, 900
5,000
14. 100
4,400
138
3, 445
.914
743
5, 345
.914
2,134
3, 378
.914
1, 156
1 , 841
5, 501
.914
1,255
5. 002
6, 739
.914
1,003
3,982
. 914
3,545
6, 649
. 914
2,074
4, 396
.914
2, 460
4, 251
.914
1,801
5,864
.914
1 754
3, 999
.914
.914
.914
2, 333
4, 190
635
2,679
3,092
756
2,755
3, 81 6
3,327
2, 864
4,543
3, 454
' 2, 920
2, 650
2, 543
251. 1
3.0
5.5
32.6
256. 0
3.2
6.2
31. 6
250. 5
2.8
4.8
31.6
248. 0
2.0
5.8
Deposits (adjusted) and currency, totalf
do
Demand deposits, adjusted^
do
Time deposits adjusted^
do
Currency outside banks.
do
Turnover of demand deposits except interbank and
U.S. Government, annual rates, seas, adjusted:!
New York City 1
ratio of debits to deposits
6 other centerscf
do
337 other reporting centers
do_ __
242. 6
113. 1
100. 3
29.1
246. 6
115.4
101.8
29.4
242.9
114.0
101.0
27.9
60. 1
33. 6
25.3
60.1
33.2
24.9
55.7
33.0
25.1
. 914
r
2, 740
3, 360
4, 010
' 2, 589 r 2, 355
r
r
4,240
3,866
3, 202
3, 425
2.971
3, 565
3 278
2 817
3, 115
31.6
247. 3
2.7
5.6
31.6
250. 2
2.8
5 7
31.9
249. 3
2.8
8.1
32.1
251. 0
2.9
8.2
32.0
252.9
2.8
7.4
32.0
?52 2
3.0
6 0
32.0
255. 1
2.9
8.7
32 1
257. 5
3.1
7. 1
32 6
257.0
3. 1
6 5
201.0
33
0 9
239.6
110. 5
101.2
28.0
239. 0
108. 8
102. 2
28.1
241.7
111.5
102. 3
27.9
238.4
107.7
102. 6
28.1
239.8
107.8
103.7
28.3
242.6
110.1
104.2
28.4
242. 7
108. 9
105 2
28.5
243. 6
109.3
106.0
28.3
247.2
112.2
106. 7
28.3
247.3
111.9
106 7
28.7
251.
114
108
28
58. 5
35.7
26.4
57.9
34.0
25.8
56.4
35.3
26.1
61. 1
35. 5
26.3
61.3
35.7
26.4
58.9
34.2
25.5
65.5
30.7
26.6
68.5
35.8
26.0
60 0
34.9
25.5
63 5
P 35 9
p 26.2
5
5
2
8
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):O
3, 992
3,832
3,612
4 081
Net profit after taxes all industries
mil of dol
261
321
349
305
Food and kindred products
do
93
121
80
86
Textile mill products
do
Lumber and wood products (except furniture)
24
51
mil of dol
45
34
143
159
144
159
Paper and allied products...
do
r
p
l
Revised.
Preliminary.
Includes revisions not distributed by regions.
©See footnote "i" for p. S-17.
^Insurance written includes data for Alaska beginning 1957 and for Hawaii beginning 1958; revised figures for 1958-April 1959 (including these States) will be shown later. Payments to
policyholders, etc., include data for Alaska beginning January 1959 and for Hawaii beginning September 1959.
§0r increase in earmarked gold (—).
9 Includes data for the following countries not shown separately: Mexico; Brazil; Colombia; Chile (except for January 1900); Nicaragua; Australia; and India.
fThe term "adjusted" denotes exclusion of interbank and U.S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection.
{Revised series, replacing unadjusted rates shown prior to the February 1960 SURVEY and incorporating two major changes. See the January 1900 Federal Reserve Bulletin for details and
data back to January 1950.
c? Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
©Effective with the July 1959 SURVEY, estimates are based on the latest revised (1957) Standard Industrial Classification Manual and, for most industries, are not comparable with
previously published data. Comparable data for 1st quarter of 1958 are available upon request.
<» Revisions for 3d quarter 1959 (mil. dol.): Total, 2,705.9; annuities, 292.7.
SURVEY OF CURRENT BUSINESS
January 1.0ft!
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-19
1960
JanuFebruary
j
ary
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
FINANCE—Continued
PROFITS AND DIVIDENDS— Continued
Manufacturing corporations©—-Continued
Net profit after taxes — Continued
Chemicals and allied products
mil. of dol
Petroleum refining
do
Stone clay and glass products
do
Primary nonferrous metal
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.)- _mil. of dol
Machinery (except electrical)
do
Electrical machinery, equip., and supplies do
Transportation equipment (except motor vehicles,
etc )
mil of dol
Motor vehicles and parts
do
All other manufacturing industries
do
Dividends paid (cash) all industries
do
Electric utilities, net profit after taxes (Fed. Res.)
mil of dol
Transportation and communications (see pp. S-23 and
S-24).
478
690
135
116
204
507
684
92
141
400
559
623
187
141
263
504
738
177
116
132
98
«272
«362
95
263
272
123
319
265
131
231
250
62
318
445
64
565
390
74
50A
428
50
191
482
2,351
2,001
2 024
1 953
422
502
422
418
__
_
SECURITIES ISSUED
Securities and Exchange Commission: t
Estimated gross proceeds, total
By type of security:
Bonds and notes total
Corporate
Common stock
_
Preferred stock
By type of issuer:
Corporate, total 9
Manufacturing
Extractive fm'ning)
Public utility
Railroad
Communication
Financial arid real estate
3,177
"1,822
1, 893
1,966
3 006
816
137
34
r I 673
612
92
57
1 764
878
104
25
1, 835
860
115
16
770
190
26
144
31
58
280
987
232
9
226
16
163
220
761
170
5
306
16
91
89
1 008
257
13
194
8
255
210
991
312
16
321
3
27
219
856
353
475
2, 190
1 371
607
T i 061
338
682
886
345
343
975
326
496
1,722
1,942
1,958
2,127
2,077
4,579
1,951
2,493
1,626
do
do
do
do
1 487
657
173
61
1,763
747
134
45
1,833
524
100
26
1 942
554
156
29
1, 858
675
173
46
4,352
584
196
31
1,760
404
153
38
2 237
859
229
26
1 504
648
101
21
do
do
do
do
do
do
do
891
119
12
251
6
264
185
926
173
10
351
3
73
205
649
77
31
158
19
37
250
740
73
10
253
5
82
206
894
195
79
202
8
70
223
811
180
6
326
29
53
147
595
101
34
147
20
38
150
1,115
265
4
371
46
65
293
Noncorporate, total 9
do
IT S Government
do
State and municipal
do
New corporate security issues:
Estimated net proceeds, total
do
Proposed uses of proceeds:
Now money total
do
Plant and equipment
do
Working capital
do
Retirement of securities
do
Other purposes
do
State and municipal issues (Bond Buyer) :
Long-term
_
_ _ _ _ do
Short-term
do
830
332
458
1, 016
380
476
1,309
420
696
1, 388
435
622
1, 183
391
568
3, 768
2, 860
717
1, 356
368
556
1,378
350
978
mil. of dol
C
871
907
635
724
875
789
577
1,085
753
968
746
989
971
803
643
160
7
61
844
619
225
7
56
550
302
247
58
27
667
404
263
9
48
803
478
325
15
57
681
479
202
23
86
519
333
187
11
48
985
613
372
51
50
652
311
340
26
919
640
279
6
43
69?
^49
144
g
46
891
f)?4
267
24
74
805
447
358
44
122
458
343
476
358
696
268
622
345
568
365
717
365
556
351
978
297
475
280
607
505
682
199
r 343
r 2<u
496
499
473
215
372
3,438
974
2, 493
375
3,430
996
2,583
366
3 333
1, 001
2,423
375
3,267
981
2, 396
366
3, 145
988
2,220
354
3,150
940
2,340
362
3,151
970
2,322
366
3, 188
1, 016
2,272
361
3 113
1,018
2,229
362
3,220
1,021
2, 236
356
3 259
1,059
2,320
377
3 243
' 1 063
2, 300
381
3,240
1, 062
2, 268
2, 275
88.42
88.52
81.32
87.48
87. 56
81.18
88. 26
88. 36
80. 98
88.86
88.97
81. 67
90.90
91.02
82.54
90. 08
90.18
82. 59
90.42
90.53
82.25
91.30
91.44
81.98
93 15
93.32
81.98
93.25
93.40
82. 35
93 09
93.27
81 19
92 82
92 99
81 48
91.70
91.87
80. 64
92.9
100.9
84.82
92.4
99.3
83.00
92.0
98.3
81.81
92.8
100. 4
83. 60
93.9
101. 9
85.32
94.2
102. 3
84.24
94.1
102. 1
84.39
94.2
103. 1
86. 50
94.8
103 9
88 12
96.4
106.7
88.93
96.7
106 7
88 57
96.0
105 8
87 50
95.5
107.7
87.23
142, 252
146, 631
173, 204
177, 574
148, 246
146, 910
133, 529
135, 138
157,591
158,056
138, 221
131, 152
139, 696
133, 902
156, 527
150, 183
115,992
121, 746
133, 757
134,897
107, 194
109, 017
117, 722
118, 667
115, 575
122, 200
139, 702
144, 516
170, 098
174, 505
144 924
143, 885
131, 601
133, 179
155,685
156,053
136,699
129, 427
137,916
132, 101
153, 990
147, 589
114,373
119,997
130, 349
132, 295
104, 218
106, 038
115,822
116.622
113 600
120. 176
130, 050
11
130, 039
124, 668
5,371
155, 742
0
155, 742
150, 433
5,309
116, 340
0
116, 340
110, 125
6,215
116, 392
2
116, 390
110, 029
6,361
132,040
0
132,040
125, 256
6,784
110,727
3
110, 724
104,813
5,911
114,871
0
114, 871
109, 044
5, 827
120, 465
0
120, 465
115,173
5,292
93, 696
0
93, 696
87, 282
6,414
109, 148
0
109, 148
102, 913
6,235
93, 925
0
93, 925
88, 783
5, 142
99, 342
0
99, 342
92, 887
6, 455
109. 300
0
109.300
101,281
8,019
106, 499
103, 826
1 582
105, 422
102, 723
1 617
106, 287
103, 596
1 610
107 041 109, 655
104, 346 106,814
1 621
1 634
109,007
106,176
1 626
109, 395
106, 576
1,612
106, 876
104, 039
1, 622
108, 994
106, 149
1, 602
110,058
107, 192
1,608
110, 100
107, 273
1 585
109, 859
107,004
1 613
106, 289
103,465
1 596
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
mil of dol
do
do
__ _ _ do
Bonds
Prices:
Average price of all listed bonds (N.Y.S.E.),
total §
dollars
Domestic
__
_
do
Foreign
__
_ _ _ _ _ _
do
Standard and Poor's Corporation:
Industrial, utility, and railroad ( A 1-f- issues):
Composite (21bonds)cT
dol. per $100 bond..
Domestic municipal (15 bonds) ._ _
do
U.S Treasury bonds, taxable^
do
Sales:
Total, excluding U.S. Government bonds (SEC):
All registered exchanges:
Market value
thous. of dol
Face value
do
New York Stock Exchange:
IV'Tarket value
do
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, total§
thous. of dol._
U S Government
do
Other than U S Government, total§
do
Domestic
do
Foreign
do
Value, issues listed on N.Y.S.E., end of mo.:
Market value total all issues^
mil. of dol
Domestic
_ do
Foreign
do
T
95.1
107. 9
87.84
120, 441 120, 508 120, 431 120. 460 120, 627 121,007 120, 979 117, 060 117, 004 118,018 118,271 118, 357 115,909
Face value, total, all issues§
_ -do
117,291 117,311 117,237 117,277 117,350 117,740 117, 719 113, 780 113,748 114, 763 115,015 115,074 112,625
Domestic
do
1,960
1,979
1,955
1,980
1 985
1,992
1,953
1,952
1, 945
1,969
1,980
1,979
1, 988
Foreien
_ _ _ _ do
r
c
Revised.
Corrected.
° Revisions for 3d quarter 1959 (mil. dol.): Machinery (except electrical), 335; electrical machinery, 301.
0See corresponding note on p. S-18.
^Revisions for January-March 1959 will be shown later.
9 Includes data not shown separately.
§Data
include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of all listed bonds.
d31Number of bonds represent number currently used; the change in the number does not affect the continuity of series.
tPrices are derived from average yields on basis of an assumed 3 percent 20-year bond.
SURVEY. OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
January 196
1959
1960
Novem- December
ber
January
February
March
April
May
June
July
August
SeptemOctober
ber
Novem- Deceit
ber
ber
FINANCE—Continued
SECURITY MARKETS— Continued
Bon ds— Con tinue d
Yields:
Domestic corporate ( Moody 's)
percent- By ratings:
Aaa
do
Aa
- _ _ _ _ . d o _.
A
do _
Baa
-.
__
do _
By groups:
Industrial
__
- _-do __
Public utility
- do
Railroad
__ _ . - _
do_-_
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard and Poor's Corp. (15 bonds) - do
U S. Treasury bonds, taxable§ - -~
do _ _ .
4.85
4.87
4.91
4.88
4.81
4.76
4.80
4.78
4.74
4.61
4.58
4.63
4.64
4.6€
4.56
4.70
4.86
5.26
4.58
4.74
4.89
5.28
4.61
4.77
4.93
5.34
4.56
4.71
4.92
5.34
4.49
4.62
4.86
5.25
4.45
4.58
4.79
5.20
4.46
4.61
4.84
5.28
4.45
4.60
4.81
5.26
4.41
4.56
4.77
5.22
4.28
4.44
4.65
5.08
4.25
4.41
4.63
5.01
4.30
4.44
4.67
5.11
4.31
4.47
4.69
5.08
4.35
4.50
4.71
5.10
4.69
4.86
4.99
4.70
4.86
5.05
4.74
4.92
5.08
4.71
4.89
5.05
4.64
4.79
4.99
4.61
4.70
4.97
4.65
4.76
4.98
4.64
4.75
4.94
4.61
4.71
4.90
4.49
4.53
4.82
4.46
4.48
4.78
4.50
4.56
4.84
4.51
4.56
4.85
4. 55
4.58
4.87
3.60
3.94
4.12
3.77
4.05
4.27
3.68
4.13
4.37
3.65
3.97
4.22
3.50
3.87
4.08
3 61
3.84
4.17
3.61
3.85
4.16
3.53
3.78
3.99
3.47
3.72
3.86
3.33
3.53
3.79
3.51
3.53
3.82
3.42
3.59
3.91
3.43
3.46
3.93
3.45
3.88
Stocks
Cash dividend payments publicly reported: \
Total dividend payments
mil. of dol
390.6
2, 425. 0
986.7
457.5
1,931.7
896. 8
355.0
1, 948. 3
896.7
371.5
1,965.5
921.5
387.6
do
do
do
105 9
155. 5
2 8
335. 4
1, 522. 1
123 4
252 8
293 3
11 0
168 9
132.7
33
157.3
1,259.3
107 3
177 9
310.0
10 5
78.9
134.5
3.8
153.3
1,261.4
109.3
184 6
310.9
9 0
78.7
137.1
3.0
169. 5
1, 264. 9
106.6
175.6
330.1
10.9
104. 5
136.0
2.9
do
do
do_ _
do
- -do
1 7
100.6
3.6
12.5
8.0
88. 5
175. 7
78.0
60.7
41.2
201 7
109.1
32.7
74.0
12.1
1.8
102.2
4.4
37. 1
7.1
88.6
175.4
60.1
52 3
31.4
200.8
111.4
20.6
55.5
10. 1
2.6
103.2
1.0
23.7
7.3
89.7
178.6
65.5
56.7
33.8
201 7
106.1
18.0
56.3
10.1
1.8
112.2
4.2
25.0
9.5
94.6
180.3
62.3
56.5
30.8
202.3
113.1
20.0
57.8
11.7
2. 1
109.6
1.4
23.0
8.1
5.56
6.01
2.64
3.48
3.82
4.33
5.56
6.01
2.64
3.53
3.90
4.40
5.58
6.04
2.67
3.53
3.96
4.40
5.57
6.03
2.67
3.53
3.96
4.40
5.58
6.03
2.67
3.53
3.96
4.63
5.59
6.05
2.67
3.56
3.96
4.63
5.59
6.05
2.67
3.56
3.96
4.63
5.59
6.06
2.67
3.56
3.96
4.81
5.59
6.05
2.68
3.56
3.96
4.81
5.58
6.03
2.68
3.56
3.96
4.85
5.57
6.02
2.69
3.56
3.96
4.85
5.58
6.04
2.69
3.47
3.96
4.85
5.57
6.00
2.71
3.46
4.00
5.01
5.64
6.01
2.74
3.44
4.09
5.08
164. 47
Price per share, end of month (200 stocks) 9 ...do
Industrial (125 stocks) ._ _
do ._ 189. 96
65. 38
Public utility (24 stocks)
do
68.39
Railroad (25 stocks)
._
do _-
169. 29
195 43
65.77
70.24
156. 61
178. 05
64.67
67.98
157. 86
177. 30
66. 13
67.05
155. 24
174.01
66.66
64.15
152.00
169. 82
67. 30
62. 49
155. 49
174. 47
67. 31
62.49
158. 87
178. 62
71.51
64.20
155. 33
173. 55
71.12
61.95
159. 22
176. 68
73.59
62.28
149. 53
165.61
70. 25
57.56
149. 30
164. 91
70.27
57.68
154. 57
169. 92
72.24
60.39
161.5*
175. 22
76.82
61.28
3.38
3.16
4.04
5.09
3.57
2.83
3.28
3.08
4.01
5.03
3. 38
2.72
3.56
3.39
4.13
5.19
3.68
2.86
3.53
3.40
4.04
5.26
3.84
2.76
3.59
3.47
4.01
5.50
3.85
2.87
3.68
3.56
3.97
5.70
3.92
2.93
3.60
3.47
3.97
5.70
3.87
2.97
3.52
3.39
3.73
5.55
3.98
2.98
3.60
3.49
3.77
5.75
4.04
2,93
3.50
3.41
3.64
5.72
4.00
2.87
3.73
3.64
3. 83
6.18
4.02
3.08
3.74
3.66
3.83
6.02
4.02
3.07
3.60
3.53
3.75
5.73
3.93
2.97
3.49
3.43
3.57
5.61
3-92
2.76
Finance
Manufacturing
Mining
Public utilities:
Communications
Electric and gas
Railroad
Trade
Miscellaneous
-
-
-
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
Dividends per share, annual rate (200 stocks) -dollars. .
Industrial (125 stocks)
do
Public utility (24 stocks). _
do
Railroad (25 stocks)
do
Bank (15 stocks)
_
- - _ _ do _
Insurance (10 stocks)
do
Yield (200 stocks)
Industrial (125 stocks) _
Public utility (24 stocks)___
Railroad (25 stocks)
Bank (15 stocks)
Insurance (10 stocks)
_ _ _
percent--do
do
do
_ - d o _.
do
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)
percent--
4.81
Prices:
211.25
Dow-Jones averages (65 stocks)
646. 43
Industrial (30 stocks)
Public utility (15 stocks) _
. ._ ._ _ _ . 86.56
150. 26
Railroad (20 stocks)
.
Standard and Poor's Corporation:^
Industrial, public utility, and railroad:
57.23
Combined index (500 stocks)
1941-43=10—
8.40
4.08
3.09
10.00
3.99
5.28
10 35
3.89
4 48
9 70
3 82
7 86
4.85
4.87
4.82
4.76
4.71
4.75
4.74
4.70
4.61
4.69
4.75
4.78
4.84
217.52
671. 35
87.09
153. 79
214. 81
655. 39
86.78
156. 15
206. 74
624. 88
85.87
150. 73
203. 52
614. 70
87.36
144. 17
205. 04
619. 98
89.10
142. 97
203. 39
615. 64
88.91
140. 60
210. 96
644. 38
91.54
143. 04
206. 96
625. 83
93.59
138. 36
206. 82
624. 47
94.46
137. 39
199. 78
598. 10
94.37
130. 98
194. 49
582. 45
92.86
125. 80
199. 54
601. 14
94.14
128. 62
202. 81
609. 54
97.74
128. 29
59.06
58.03
55. 78
55.02
55. 73
55.22
57.26
55.84
56.51
54.81
53.73
55.47
56.80
61.46
64. 63
48.81
43.71
32.80
63.56
67.14
49.97
44.31
33.57
62. 27
65. 01
49.00
44. 50
33.68
59.60
61.43
46.51
44.38
32.54
58.71
60.28
46.14
44.60
31.01
59.46
60.31
46.75
45.53
30.59
58.84
59.81
46.64
45.75
30.18
61.06
62.09
48. 65
47.35
30.81
59.25
59.58
47.58
48.02
30.19
59.96
59.76
48.16
48.65
30.19
57.96
56.77
46.51
48.64
28.76
56.90
55.25
45.68
47.34
27.77
58.89
57.42
46.96
47. 83
28.93
60.22
59.11
47.98
49.78
29.03
26.93
54.75
31.17
29.47
56.59
33.19
28.80
56. 47
33.66
26.80
53.94
33.23
26.87
52.78
33.24
26.36
52.54
33.78
26.06
51.25
32.69
25.70
50.94
33.81
25.71
52.09
34.24
25.26
52.64
34.81
25.63
52.89
33.87
25.43
52.32
33.01
25. 58
53.91
33.75
26.60
55.37
37.02
4,528
141, 308
4,167
129, 141
3,616
103, 097
3,950
121,791
3,495
100, 674
3,938
117, 547
4,780
143,470
3,445
105, 352
3,751
116, 064
3,450
109, 989
3,192
101, 085
3,295
104, 652
3,767
90, 021
3,518
85, 579
3,068
72, 566
3,356
85, 102
2,939
70,285
3,291
82, 391
3,967
97, 625
2,862
71, 877
3,119
80, 851
2,867
74, 704
2,700
70, 210
2,785
72,365
72, 244
63, 932
60, 533
65, 715
57, 291
68, 827
76, 533
53, 870
65, 350
60, 854
54, 431
62, 002
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value all listed shares
mil. of dol— 299, 112 307, 708
5,847
5,733
Number of shares listed
millions
287, 977
5,930
291, 191
6,002
287,416
6,050
283, 381
6 074
291, 688
6, 181
298, 143
6,274
292, 392
6,306
300, 901
6,341
283, 318
6,370
281, 529
6,388
292, 991
6,398
Industrial total (425 stocks) 9
Capital goods (127 stocks)
Consumers' goods (193 stocks)
Public utility (50 stocks)
Railroad (25 stocks)
Banks:
N Y City (11 stocks)
Outside N Y City (16 stocks)
Fire insurance (15 stocks)
_ do ._
do
_ __ do
do
do
do
do
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
4,020
Market value
mil of dol
Shares sold
thousands. 120, 394
On New York Stock Exchange:
Market value
mil. of dol__ 3,407
Shares sold
thousands ._ 83, 884
Exclusive of odd lot and stopped sales (N.Y.
Times)
thousands. _ 64, 558
T
Revised.
v Preliminary.
§For bonds due or callable in 10 years or more.
^Revisions for 1957-1959 are shown on p. 36 of the July 1960 SURVEY.
9 Includes data not shown separately.
cTNumber of stocks represents number currently used; the change in number does not affect continuity of the series.
77,355
SURVEY OF CURRENT BUSINESS
January 190.1
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-21
1959
1960
Novem- December
ber
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)0
Exports of goods and services, total
mil.
Military transfers under grants, net
Merchandise, adjusted, excluding military
actions £
mil.
Income on investments abroad
Other services and military transactions
Merchandise adjusted Jcf
Income on foreign investments in U.S
Military expenditures
Other servicesc?1
Balance on goods and services
_
Private
Government
U S long- and short-term capital (net), total
Private
Government
Foreign long- and short-term capital (net) _
Gold sales [purchases ( — )]
Errors and omissions
6,828
460
6 734
425
7,518
615
6,946
265
4,328
1,023
1,017
4,604
705
1,000
5,000
744
1,159
4,673
783
1,225
do
do
do
do
5, 962
3,986
250
752
974
5 761
3 820
249
764
928
6,049
3, 858
1,222
6 022
3,555
222
790
1,455
do
+866
+973
+1, 469
+924
—1,000
do
do
-1, 123
-153
-970
— 1 239
-163
-1,076
—879
— 156
723
-536
-773
+237
+495
+72
+226
-768
—546
-1,064
— 683
—381
+885
+94
— 145
-1,008
-864
— 144
+514
+637
— 188
of dol
do
transof dol
do
do
do
do
do
do _
do
do
FOREIGN TRADE
Indexes
Exports of U.S. merchandise:©
274
Quantity
1936-38=100
600
Value
do
219
Unit value
_
do
Imports for consumption:©
222
Quantity - --- -do
615
Value
do
277
Unit value
_
do
Agricultural products, quantity:
Exports, U.S. merchandise, total:
199
Unadjusted
1952-54=100..
167
Seasonally adjusted
_
do
199
Cotton (incl. linters), seas, adj
_ do.. Imports for consumption, total:
89
Unadjusted
do
103
Seasonal] v adjusted
_do
100
Supplementary imports, seas, adj
...do...
105
Complementary imports, seas. adj
do
Shipping Weight
Water-borne trade:
7,684
Exports, incl. reexports§
thous. of long tons..
15, 677
General imports
do
Value©
Exports (mdse.) , including reexports, to tall
mil. of dol._ 1,478.6
By geographic regions:A
Africa
do
53.8
268.5
Asia and Oceania
do
Europe
do
427.1
Northern North America
_
Southern North America
South America
By leading countries: A
Africa:
United Arab Eepublic (Egypt Region)
Union of South Africa _
Asia and Oceania:
Australia, including New Guinea
Colonv of Singapore.
India and Pakistan. __
Japan
___
Republic of Indonesia
Republic of the Philippines. __
Europe:
France
East Germany
West Germany..
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
Latin American Republics, total 9
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
r
___
__
233
736
— 142
-858
222
+751
+50
—6
310
681
219
288
633
220
290
640
221
323
711
220
337
741
220
335
736
219
323
706
219
312
690
221
297
654
221
296
654
221
323
710
220
255
698
274
205
567
276
228
628
275
241
666
277
220
608
276
221
611
277
229
632
276
201
558
277
220
607
276
204
565
277
205
564
276
206
167
162
211
196
260
197
189
202
190
176
207
195
201
205
180
193
171
178
201
162
176
227
504
152
191
69
165
178
91
199
181
152
119
108
116
105
84
74
96
62
113
106
111
103
116
101
112
94
105
91
100
85
110
116
106
124
111
114
107
120
97
108
106
109
112
122
113
129
101
111
99
121
96
110
91
125
8,701
16, 595
7,034
12, 805
7,282
14, 594
7,618
14, 472
9,192
14, 809
9, 460
15, 424
9, 768
17, 353
9,575
14, 405
10, 934
17, 128
1, 674. 5
1, 561. 8
1, 576. 1
1,751.2
1,822.9
1, 809. 5
1, 738. 1
1, 699. 3
1, 612. 7
1, 610. 1
1, 743. 9
66. 6
305.2
514.9
52.5
311.2
498. 5
57.8
327 4
470.1
65.0
364.1
493. 3
72.5
351 3
526.4
63.1
332 1
570.6
60.1
323 9
532 8
65.0
347 2
533.7
72 9
312 6
522 5
54.5
300 6
551 7
67 3
334 2
572 2
do
do
do
286.8
150.1
154.8
306.5
153.0
174.0
283.0
133.4
159.5
295.4
132 2
158. 6
337. 2
151.0
165.3
351.3
151 3
180. 6
348.1
141 0
184.3
330 3
146 0
180 5
283.2
139 5
181.7
288 7
132 4
161 5
288 3
132 7
164 1
310 8
138 8
200 1
do
do
12.6
17.8
18.8
21.2
12.5
16. 7
10.3
23.3
14.1
22.6
15.9
26 7
9.1
25.3
7.6
23 5
6.9
31 2
11.1
30 8
9.0
19 8
15 8
22 2
do
do
do
32.3
2.3
24.9
24.5
2.7
30.0
19.9
2.2
47. 4
26.6
2 8
61.3
23.8
31
78.8
27.7
36
81.2
30.9
32
69.8
31.7
39
63 2
41.6
38
66 1
37 4
40
61 3
35 0
35
52 9
38 4
35
68 9
do
do
do
90.3
4.7
25.8
121.3
8.0
25.6
106.4
12.3
23.2
107.5
8.8
23.0
115. 7
111 4
106 0
28.1
26.2
22.7
101 3
4 0
22.0
121 1
57
25.3
93 5
51
21 6
98 0
5 2
21.9
99 6
56
24 3
do
do
do
30.7
0)
72.0
53.0
41 3
0)
84.2
53.1
48 7
47 3
91.5
94 1
96 7
46 8
2
86 3
49 3
18
82 3
57 3
3
80 4
48 6
1
81 9
4
87.2
50.3
.2
97. 1
do
do
do
31.3
.3
84.1
46.3
2.8
97.4
44. 4
1.2
100.7
50 3
4.6
94.7
47 8
55 4
53 7
93.5
98.5
135.4
55 5
4^4
114 8
60 4
1.9
117 0
49 9
5.9
99 6
54 5
3.2
152 3
0)
9.6
.3
.4
4.3
0
2.1
6.4
.4
1.9
43
2
87 5
52 0
4 3
145 9
do
286.8
306.5
283.0
295.4
337.1
351 3
348 1
329 8
283 2
288 7
288 3
310 7
_..do
282.8
303.4
270.1
268.7
290.4
306.7
302.3
302.8
296.3
271.5
273.1
312.9
do
do
do
21.2
30.4
10.9
25.7
31.5
15.0
24.7
27.6
16 2
26.7
19.8
15 1
22.9
29.6
12 9
24 5
30 8
16 7
25 9
40 0
16 6
31 8
47 0
16 2
30 8
42 1
17 6
28 7
38 0
12 9
34 3
35 2
15 0
37 7
33 9
21 0
15.2
40.7
60.4
58.0
19.9
31.4
69 1
54.5
20. 0
23.8
59 2
52.2
20.6
21.5
60 6
52.9
21 8
26. 1
71 2
50.4
23 7
25 7
68 5
50.2
22 7
23 2
66 8
42^4
20 8
21 7
74 4
36.9
19 4
19 5
67 0
43.9
17 3
18 1
66 6
40.9
18 0
17 8
63 3
39.1
20 8
17 1
65 5
62.6
_ do.._
do
do
. do _.
1,796 0
Revised.
v Preliminary.
1 Less than $50,000.
® Revisions for 1958-lst quarter 1959 appear on p. 14 fl. of the June 1960 SURVEY.
{Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing, cf Excludes military expenditures.
©Revisions for January 1958-January 1959 will be shown later.
§Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
JData include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construction" shipments) are as follows (mil. dol): November 1959-November 1960, respectively—102.2; 105.2; 77.7; 78.9; 117.2; 114.7; 94.0; 100.0; 70.2; 62.6; 53.6; 53.9; 73.1.
AExcludes "special category" shipments.
9 Includes countries not shown separately.
January 106]
SUEVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1959
1960
N'ovem- December
ber
January
February
March
April
May
June
July
August
SeptemNovemOctober
ber
ber
D (XT-IT!
her
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
i
FOREIGN TRADE— Continued
ValueO— Continued
Exports of U.S. merchandise, total?
mil. of dol__ 1,462.4
By economic classes:
239 r,
Crude materials
do
117 1
Crude foodstuffs
do
94. 4
Manufactured foodstuffs and beverages
do
103. 0
Semimanufactures 9
do
824.7
Finished manufactures 9
do
By principal commodities:
405. 9
Agricultural products, totaled
do
Cotton, unmanufactured
Fruits, vegetables, and preparations
drains and preparations
Packinghouse products
Tobacco and manufactures A- Nonagricultural products, totalcf
Automobiles, parts, and accessories
Chemicals and related products§
Coal and related fuels
Iron and steel products©
Macliinerv, total§cf
Agricultural
Tractors, parts and accessories
Electrical
Metal working
Other industrial
Petroleum and products
Textiles and manufactures
General imports total
By geographic regions :
Africa
Asia and Oceania
Europe
__
Northern "'Vortb. America
Southern North America
South America
By leading countries:
Africa:
United Arab Republic
(Egypt Region)
Union of South Afric51
Asia and Oceania: iT
•
Australia includin New Guinea
Colonv of Singapore
1 , 658. 8
1 , 543. 7
1.559.2
245. 3
1?6 2
92. 3
260. 0
935. 0
242. 7
1'>2 4
82.9
239. 8
855. 9
208.2
130.7
93.3
251.1
875. 9
1 , 733. 1
1.805.9
201.2
128 6
93.2
. 283. 2
1 ,' 026. 9
189.9
152.0
93. 0
304. 4
1,066.6
1, 793. 6
197.2
153. 1
81.0
310.4
1,051.9
1, 594. 6
1, 729. 4
1,782.8
163. 7
123.7
94.5
337.0
875. 7
188. 3
145. 7
96. 8
287. 8
876. 0
239. 3
143. 8
102. 3
958.' 9
283.2
146 9
99. 9
286. 0
960. 9
327.1
369. 4
431. 9
495.8
86. 5
31.4
120.3
22.7
22.3
15.9
31.0
115.6
24.4
36.6
26 3
38.8
141. 5
25. 4
74.7
59.4
39.4
143. 3
28.9
74.8
98.4
27.3
154. 4
25. 6
72.3
1. 354. 9 1.324.0
1,267.6
1, 225. 1
1, 721. 7
191.9
130. 4
90. 5
333. 3
975. 7
1,682.5
196. 6
126. 6
83.3
313. 5
962. 6
1, 594. 7
420. 0
413.2
399. 1
78. 0
34.4
108. 0
27.2
44. 7
89.1
29. 8
123.9
24.0
50. 9
137.5
32.7
121.4
25 5
23.9
106.6
29. 7
136. 6
22.9
26.6
100.3
28. 5
137.0
24.4
28.1
do ___ 1,056.5
1 , 23S. 8
1,130.5
1, 160. 1
1 , 344. 9
101.3
109.9
27.0
36. 1
99.4
152.4
29.8
53.8
112.5
132.7
21.8
50.1
122. 8
121.1
22. 5
55. 0
125.1
146.6
22.5
67.2
121.5
150.6
33.3
71.6
121.7
142. 5
32. 6
84.2
108. 7
142. 9
32.6
96. 9
87.0
145. 3
31.7
83.1
82.4
140.9
37.5
92.4
78.1
141.8
34.0
70.1
108. 5
144.9
36.1
73.7
119. 4
132. 9
29.4
71. 9
do
do
do
do
-do
__do ___
do
do
do
388. 2
393.3
388.5
87.3
29.2
1 59. 0
27.6
16.5
69. 6
32. 1
150. 2
9pj o
1, 412. 6 1,405.1
366. 8
65. 4
37.3
123. 2
22.5
30.8
358. 6
1, 297. 5 1, 287. 0
do
301. 1
341.4
315.5
330. 2
369. 8
384. 8
373. 2
356. 8
372.7
331.3
332.5
367. 7
377.0
do
do
do
do
do
8.9
23.8
79. 4
22.8
150. 7
8.8
26.1
84.1
27.3
174. 5
9.8
32.7
73.9
24.5
156. 7
12.6
35. 6
73. 5
26.9
161.4
15.0
34.2
87.2
26. 2
188. 6
18.1
36.9
87.8
29.2
192. 6
16.2
3fi. 6
89.fi
33.1
178.6
14.6
31.2
29! 9
183. 6
11.9
30.1
89.0
32 0
188.7
11.4
29. 7
78.5
27.9
165. 5
8.3
29.8
80.4
25.2
168. 3
9.4
32.2
85 7
29.5
185. 7
8.8
28.4
94. 6
37.3
183.4
do
do
31.2
58.5
44. 6
66. 8
37.8
54.8
35.0
58.4
40.5
61.5
44. 9
64.4
40.5
57.2
47.1
56.0
40. 6
60. 6
41.0
50. 7
39. 2
52.5
39.9
61.6
37.5
57.4
do
1,282.2
1, 477. 8
1, 137. 4
1, 287. 8
1,375.3
1,257.4
1,259.5
1,313.0
1, 155. 0
1,228.1
1, 160. 3
1, 157. 2
1,160.8
do
do
do
51.3
242.0
402.4
60.7
264. 4
471.7
41.6
234.7
359.0
47.9
235.9
406. 2
58.4
254. 2
435. 1
45. 5
264. 0
381. 6
51.4
243. 3
367. 9
47.4
273. 9
356. 1
44.5
260. 0
308. 3
39.9
290. 3
307.0
43.9
237. 9
323.0
36.5
227.2
340. 4
do
do
do
291.8
106. 9
187.8
288. 8
140. 9
251.3
218.1
117.6
166.5
234.9
158. 4
204. 5
256. 0
158. 7
213. 0
225. 3
140. 5
200. 4
254. 4
156.3
186. 2
271.7
131.0
232 9
233.2
123. 9
185.1
261. 1
106. 8
223. 1
238.2
109.2
208.1
240.9
93.2
219.0
do
do
2
113
.3
14.8
.7
12.7
2.6
9.5
5.0
12.6
3.4
8.5
4.4
9.7
3. 7
9.4
6.0
5.6
1.7
8.0
1.5
9. 1
.7
8.2
do
do
20.7
2.4
21.0
107.8
15.0
14.7
14.0
1.4
20.1
93.8
21.6
22.0
16.2
1. 7
25.2
83.0
15.8
24.8
11.1
1.1
23.4
98. 8
14.5
27. 0
14.8
2.0
21.7
100.2
16.4
26.5
7.0
1.7
22.3
96.0
17.5
23.8
9.1
4.1
23.2
103, 6
22.9
29.4
18.9
.9
25.2
96.4
14.3
36.9
16.7
1.2
19. 6
109. 9
22. 6
35.2
9.8
1.2
22.5
96.7
17.3
19.5
8.6
1.1
19.5
95.3
15 7
19.9
22.8
.3
71.3
28.6
1.3
73.8
28.6
.2
75. 1
35.9
1.8
72.8
_
do
Republic of the Philippines
Europe:
France
East Germany
West Germany
Italv
Union of Soviet Socialist Republics
United Kingdom
North and South America:
do
14.1
1.8
19.3
95.9
12.6
21.1
do
lo
do
lo__._
lo
lo
42.9
.2
82.5
32.2
1.0
96. 6
45.0
.2
99.4
44.0
3.0
103. 6
33.6
7o!2
28.8
.9
86.9
43.2
.3
88.4
35.4
3.3
92.8
46. 8
2
90'. 6
40. 0
1.9
107.8
38.0
.2
77.4
36.3
2.2
88.5
35.1
2
72.9
27 3
1.2
94.2
29.4
.3
71. 1
33.2
2.8
93.8
30.7
.4
68.2
26. 6
66' 6
29. 1
.3
63. (i
34.4
1.8
69.1
291. 5
288.7
218.0
234.8
255. 9
225.3
254. 3
271. 6
232.9
260. 6
238. 0
240.7
261. 8
353. 0
252.4
324.4
336. 7
306.4
308. 5
332. 4
273. 4
291.0
280.6
278. 5
7.8
39. 0
17.3
25.5
23.7
28.3
77.2
1,261.4
8.8
66. 5
25.8
30.1
27.5
39.1
96.3
1,431.6
7.0
27.7
18.9
18.6
25.6
38.6
72.7
1, 162.5
8.4
49.2
12.8
31.2
40.8
52.4
79.8
1, 288. 6
11.5
44.9
19. 8
26.4
51.6
45.4
84.6
1,366.1
8.6
9.3
47.7
47.4
13.8
17.0
24.0
18.8
48.2
60.3
40. 1
38.8
84.2
72.5
1, 246. 3 1,253.1
9.0
62.0
18.5
21.6
47.7
28.2
90.3
1, 295. 6
8.3
49.2
13.5
18.0
46.6
24.3
68.4
1,144.8
7.6
54.4
15.7
23.5
7.9
6.9
48.9
19.8
36.2
7.6
251. 9
129.2
109. 9
299. 2
471.1
283.3
189. 5
127.9
322. 7
508. 1
245.0
111.4
105. 9
289. 9
410. 3
246.8
165. 9
117.3
293. 5
465. 1
261.3
166.2
131.8
308. 3
498. 5
255. 1
140. 0
138.9
254.8
457. 5
256. 3
155. 6
144.9
243.3
453.0
281.8
152. 6
140.6
269. 2
451. 4
236. 5
127.4
135.3
228. 3
417.4
283.4
10.2
74.5
36. 3
17.9
12.0
978.0
5.7
76.0
105. 6
42.3
7.6
32.0
60. 9
122.8
367. 2
23.0
113.3
35.7
26. 2
18.1
1, 064. 3
21.0
82.8
111.4
43.5
7.4
28.3
65. 1
141.5
270. 1
9.5
56.8
26. 9
32.2
18.3
892.4
16.8
70.2
115. 7
40.3
12.5
24.9
48.2
126. 6
343. 1
11.6
101.7
32.7
42.4
19.4
945.5
13.5
69. 9
103.2
43.1
9. 1
30.1
53.6
131.8
362.9
12.6
95.1
31.4
50.2
23.9
1,003.2
9.8
69.3
98.6
33.2
10.4
29.3
58.1
134.6
336.1
13.5
74.7
30.4
48.3
17.2
910.2
9.7
52.0
92.8
31.4
8.9
25.0
54.6
130.2
342. 3
16.7
82.3
26.8
58.3
13.8
910.8
7.0
42.9
96.1
37.5
9.6
27.0
61.0
113.6
343.4
17.4
84.3
26.8
49.9
19.7
952. 2
8.4
38.8
100.4
37.7
13.2
29.6
60.5
138.6
305. 7
10.7
78.0
25. 0
50. 0
15. 5
839.1
5.8
30.2
94.3
29.6
7.3
25.0
52.9
108.2
Japan. _ _.
Argentina
__do
Brazil
do
Chile
do-Colombia- _. . . _ __ __
do
Cuba
do
Mexico
___ do
Venezuela
do
Imports for consumption total
do
By economic classes:
Crude materials
do
Crude foodstuffs
do
Manufactured foodstuffs and beverages
do
Semimanufactures
do
Finished manufactures
do
By principal commodities:
Agricultural products, totalcf
do
Cocoa (cacao) beans, incl. shells
do
Coffee
do
Rubber crude including guayule
do
Su^ar
do
^VS^ool and mohair unmanufactured
do
Nona°Ticult*"jral products totaled
do
Furs and manufactures
do
Irop and steel products©*
do
Nonferrous ores, metals, and mfs., totals—do
Copper, incl.0ore and manufactures
do
Tin includin ' ore
do
Paper base stocks
do
Newsprint
do
Petroleum and products
do
9.1
. 57. 5
24.6
22.1
11.7
33.1
76.0
1, 245. 3 1,
44 o
97 S
78.2
159. 1
76.7
1, 156. 9
1, 175. 9
290.7
142.6
137. 6
248.2
426. 2
244. 0
134. 1
134.3
234. 5
412.3
229.9
146. 1
122.4
233. 3
425. 2
219. 2
141.0
139.4
245. 6
430. 7
344.8
11.6
91.8
32.7
39.5
17.3
900. 6
4.9
30.7
101. 5
35.3
11.3
33.1
61.6
125.8
310.2
9.8
87.5
25.6
41.3
14.0
848.9
4.7
35.1
78.8
27.5
8.5
28.7
54.6
122.4
286.3
8.4
93.8
19. 6
24.8
13.9
870.6
5.2
31.9
90.0
23.4
9.6
29.1
59.8
119.0
292. 3
8.9
83.0
20.4
39.7
12.1
883.7
6.2
30.7
87.5
29.1
6.7
31.2
65.2
135.7
' Revised.
©Revisions for January 1958-January 1959 will be shown later.
^ See similar note on p. S-21.
9 Data for semimanufactures reported as "special category, type 1" are
included with finished manufactures.
cf Includes data not shown separately.
AManufactures of tobacco are included in the nonagricultural products total.
§Excludes "special category, type 1" exports.
©Comprises pig iron, scrap, steel mill products, and certain other iron and steel products; excludes advanced manufactures. Revisions for exports and data for imports (prior to December 1958) will be shown later.
*New series; see note marked "0".
SUEVEY OF CURRENT BUSINESS
January IOG1
ll)o9
Unless otherwise stated, statistics through 1958 and [
descriptive notes are shown in the 1959 edition of j vnvom DecemBUSINESS STATISTICS
bcr
ber
S-23
1960
January
February
March
April
May
June
July
N"ovcni- DecemAugust »' October
ber
bcr
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
A!rlines§
Scheduled domestic trunk carriers:
Financial operations (quarterly totals):
Operating revenues, total 9 _ __ _ __mil. of dol__
Transport total 9
do__ _
Passenger
do
Property
- do
IT ff mail (excl. subsidy)
do
Operating expenses (incl. depreciation)
Net income (after taxes)
Opernting results:
Miles fioMrn, revenue
Express and freightv ton-miles
M^ail ton-miles floi n
Passengers originated revenue
Passenger-miles flown, revenue
462.1
458. 7
414 1
28.8
12.2
do
do
461.6
50
452. 9
448 4
406 8
28 4
10.9
500. 0
496 3
451 8
29 1
11.4
p 529 4
v 525 6
p 478 8
v 30 6
p 11 1
474.7
481.7
86
v 496 7
p 10 9
d
13 7
thousands
flown
do
do
_ do
millions__
60, 548
27, 521
9.264
3 712
2,202
63, 577
32. 087
14, 986
3, 745
2,377
62, 564
27, 274
9 741
3 732
2,416
58, 697
29,814
9 729
3 440
2 136
62, 397
30, 937
11 047
3 670
2 284
61, 874
30, 280
10 857
4 019
2 505
61,498
30, 236
10 3649
4 OO
2 444
59, 825
30, 890
10 512
<*' 183
2, 720
63 132
29, 109
10 030
4 013
2 706
64, 034
32, 474
10 786
4 166
2,745
59 057
35, 169
10 917
4 037
2 547
59 758
35, 993
11 9250
4 68
2 487
___ __thous. of dol__
do
32, 079
12, 104
40, 834
17,171
27, 508
7,970
29 691
9 930
32 782
12, 634
30, 815
11, 003
30 308
10, 737
30, 923
11,412
25 233
5, 766
31,618
11, 731
31, 867
10, 675
31 300
10 621
18 9
584
113.3
r 18 9
19 0
634
122.2
Express Operations
Transportation revenues
Express privilege payments
Local Transit Lines
Fares average cash rate©
Passengers carried, revenue©
Operating revenues©
cents _
millions _
mil. ofdol_.
r
r
18.4
625
l!6.6
r
18.4
680
125. 8
r
r
r
18 6
622
114.4
r
r Ig 6
613
112 7
T
18 7
680
123.8
r
r Ig 8
652
121 9
r
18 8
647
118.9
r
18 8
620
115.0
r
18 9
554
108. 1
610
110.4
1Q 1
6°4
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals):
Number of reporting carriers
_
Operating revenues total
mil. of dol
Expenses, total
__
__ __ do
Freight carried (revenue)...mil. of tons..
897
1, 199. 7
1,181.2
70.3
949
1 182 7
1 159 9
72.4
944
1, 193 9
1, 153. 0
69.8
Carriers of passengers (quarterly totals):
Number of reporting carriers
Operating revenues, total
__mil. of dol__
Expenses, total
__
do
Passenerers carried (revenue)
millions..
137
105. 4
96.3
55.8
139
92.3
90 9
51 4
140
115.8
99.7
57.5
140
140.9
110 6
61 9
Class I Railroads
Freight carloadings (A. A. R.):c?
Total cars
Coal
Coke
_.
Forest products
Grain and grain products
Livestock _
Ore
Merchandise, l.c.l .
Miscellaneous
thousands
do
do _
do
2,404
452
28
157
do
do
do
do__
do
224
32
156
154
1,202
Freight carloadings, seas. adj. indexes (Fed. Res.):
Total
1935-39=100..
Coal
do
Coke _
do
Forest products
do
Grain and grain products
Livestock
Ore .
Merchandise, l.c.l.
Miscellaneous
Financial operations:
Operating revenues, total 9
Freight
Passenger
...
r
2,r 861
548
T
55
r
183
2 870
555
58
185
2 293
'423
46
154
2 300
427
47
155
3 088
530
50
200
2 559
430
33
157
2 514
451
28
156
2 847
357
?9
180
2 385
420
22
160
2 274
408
20
152
3 189
546
30
193
^208
r
229
22
109
176
1,536
185
14
85
149
1 237
194
17
79
153
1 228
238
21
226
189
1 635
175
20
289
146
1 308
203
15
2QO
138
1 232
344
16
329
167
1 425
234
16
239
140
1 154
198
26
202
133
1 136
329
50
233
179
1 629
r
T
23
168
' 171
1, 504
107
97
93
136
120
97
142
143
119
95
143
141
113
87
137
129
110
87
146
126
111
88
126
130
109
90
107
124
102
83
89
121
97
66
78
120
99
86
72
123
97
89
68
118
104
90
79
118
do
do
do
do
do_.
167
46
152
25
114
134
36
403
24
129
137
35
310
24
131
133
32
297
24
127
150
38
252
24
121
150
34
185
24
125
141
39
185
23
123
149
31
163
22
113
169
31
150
22
110
150
30
139
22
108
135
39
120
21
106
188
47
97
22
113
mil. of dol
do
do
rT 780. 8
658. 8
48.3
845. 8
696 3
60. 5
789 3
667 7
55 1
774 2
658 9
50.9
847 6
723 4
52 2
823 6
698 1
51 0
829 5
705 i
51 7
824 2
694 97
60
759 1
6^4 1
60 6
809. 0
679 4
60.5
754 4
642 9
44 2
815 8
695 4
46 5
Operating expenses
do
Tax accruals, joint facility and equipment rents
mil. of dol__
Net railway operating income
do_
Net income (after taxes)
_ _
do
617.4
654. 3
633. 9
620.7
658. 6
634. 1
648.3
644 0
628 7
646. 9
608 3
624 8
107.2
r
56.3
40.7
114.1
77.3
94.8
111.8
43.6
30.4
111.3
42.2
24.6
127.8
61.2
44.2
124.4
65.1
48 2
120.0
61.3
47 3
123.1
57.0
43 1
106.4
24.0
9 6
117.7
44.4
29.9
111.6
34.5
25 9
121.2
69.8
Operating results:
Freight carried 1 mile
mil. of ton-miles
Revenue per ton-mile .
__cents
Passengers carried 1 mile (revenue)
millions..
48, 881
1.385
1,571
49, 502
1.431
2,030
50, 265
1.384
1,824
46, 732
1 435
1,628
51, 597
1 441
1,654
51, 357
1 398
1.675
52, 664
1 386
1,691
49, 687
1 422
2,054
46, 752
1 415
2,207
49, 219
1 404
2,132
48 566
1 369
1,480
51 993
13,164
10, 859
2,305
12, 942
11,018
1,924
11,712
9,874
1,837
12, 320
10, 337
1,983
12, 067
9,967
2,100
13. 865
11 512
2,353
15, 198
12 309
2 889
14, 960
12 068
2,892
15, 104
12 009
3,094
15, 095
12 152
2,943
4 595
855
5 249
1,094
4 871
873
5 159
1 063
5 609
1*256
4 988
1 080
5 595
1 420
5 193
1 268
135
255
90
1, 156
Panama Canal:
Total
In United States vessels
r
thous of long tons
do
d
Revised.
*> Preliminary.
Deficit.
§ Data beginning 1959 include operations intra-Alaska and intra-Hawaii, not included in earlier figures.
$ Includes data not shown separately.
©Revisions for 1958-October 1959 are available upon request.
c?Data for December 1959 and January, April, July, October, and December 1960 cover 5 weeks; other months, 4 weeks.
5
coo
1 097
5
OfM
933
4 843
981
6
f|ftK
1 024
232
20
59
138
1 296
96
82
65
113
36
14°
30
137
107
756 5
47 0
Waterway Traffic
Clearances, vessels in foreign trade:
Total U.S. ports.
thous. of net tons..
Foreign vessels
do
United States vessels
do
2 401
477
26
152
r i £1
997
SUEVEY OF CUKEENT BUSINESS
S-24
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
.Tiinvmry 1!)61
1960
January
February
March
April
May
July
June
DecemOctober NovemAugust September
ber
ber
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
Average sale per occupied room. . _. ._ __dollars__
Rooms occupied
percent of total
Restaurant sales indexf
same month 1951 — 100
Foreign travel:
U S citizens: Arrivals _
.
thousands..
Departures
do
Aliens • Arrivals
do _
Departures
do
Passports issued and renewed
do National parks, visits §
do _.
Pullman Co.:
Revenue passenger-miles
,_ .
millions .
Passenger revenues
thous ofdol
9.52
65
110
8.55
53
115
8.82
66
116
8.90
68
118
8.61
68
124
9.38
67
115
8.73
69
125
9.26
67
117
8.67
57
113
9.60
65
112
9.47
67
114
119
101
79
68
33
817
110
120
82
91
38
528
127
136
82
62
56
1
561
131
146
78
62
72
574
144
146
90
73
100
608
147
171
99
79
119
1,131
158
178
111
91
114
1, 805
178
259
110
111
98
3,748
222
256
123
110
69
6,434
283
192
139
100
64
5.996
220
49
2, 574
40
1,778
241
3,818
288
4,590
342
5,525
312
5,052
317
5,130
284
4,581
251
4.011
299
4,745
301
4,734
281
4,416
207
3,237
242
3, 853
657. 4
376.3
217.1
394. 3
110.8
61.6
679.3
383.0
232.5
423. 3
120. 4
62.0
667. 1
381.0
221.3
395.9
111.3
62.2
665. 2
381.8
218.2
398.1
109.6
62.5
692.8
387.8
239.9
422.8
110.9
62.8
688.9
389.2
233.9
408.2
117.0
63.1
696. 6
390. 8
239. 3
416. 9
116.5
63.4
700 1
392. 8
240 1
420. 5
116 6
63. 5
689.1
388.1
232.7
410.4
116.6
63.8
712.8
393.3
251 . 4
426. 6
121.0
64.0
704.0
396.3
238.5
424.9
118.2
64.3
711 0
402.3
239 8
424.3
122 5
64.6
ofdol
do
do
20, 496
18,225
1,540
22, 671
18, 993
3,089
20, 356
18, 518
579
20, 526
18, 082
1,260
22, 354
19, 146
1,984
21,356
18, 543
1,619
21, 825
18, 975
1,643
22, 626
19 798
1.647
20, 517
20,d 159
758
22, 667
20, 050
1, 533
23, 042
20, 282
1,741
22, 424
19, 957
1,610
do
do
do
3,068
2,289
449
3, 343
2, 751
283
2,976
2, 478
135
3,001
2, 412
230
3,346
2, 534
452
2,970
2,513
157
3,122
2,612
189
3, 000
2 557
155
2,878
2,301
258
2,977
2,527
153
2,955
2,513
159
2,919
2,480
141
do
do _ _
do
4,034
3,116
803
4,444
3, 367
916
4,148
3,177
822
4, 243
3,205
887
4, 365
3,394
823
4,007
3,142
706
4,200
3,282
760
4,227
3.425
637
3,936
3, 338
454
4,193
3,394
657
4,328
3,348
838
4,245
3,318
802
10.04
72
114
962
63
107
146
1
37
886
35
COMMUNICATIONS
Telephone carriers:
Operating revenues $
Station revenues
Tolls message
Operating expenses bofore taxes
Net operatin^ income
Phones in service end of month
mil. ofdol
do _ _
do
do do
millions
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous.
Operating expenses incl depreciation
Net operating revenues
Ocean-cable:
Operating revenues
Operating expenses incl depreciation
Net operating revenues
Radiotelegraph:
Operatin 01 revenues
Operating expenses incl depreciation
Net operating revenues
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production: $
\cetvlene
mil. of cu.ft-Ammonia, synthetic anhydrous (commercial)
thous. of short tons_Calcium carbide (commercial)
do
Carbon dioxide, liquid, gas, and solid
do
1,026
1,096
1,090
1,068
1,148
1,026
1,082
926
938
976
942
'976
966
382.6
82.2
61.4
420.3
103.9
62.0
396.4
92.2
66.8
381.3
87.9
65.8
423.4
100.8
66.2
416.2
96.6
73.3
434.0
100. 5
84.6
407.9
92.4
95.6
382.3
380.3
364.8
387.3
408.0
97.6
100.0
89.3
77.0
66.1
376.6
80.4
379 7
83.6
385.3
94.9
369.5
90.6
397.2
94.6
383.9
93.5
395. 4
90.0
377.1
76.8
384. 9
77.7
390.5
79.6
371.1
78.4
390.7
84.2
377.1
80. 1
268.2
Nitric acid (100% HNOs)
-do
3,645
Oxygen (high purity)
mil. of cu. f t
Phosphoric acid (100% PjOg)
thous. of short tons.. 156.6
Sodium carbonate (soda ash), synthetic (58% Na 2 O)
429.6
thous. of short tons_10.7
Sodium bichromate and chromate
do _
406.9
Sodium hydroxide (100% NaOH)
do - Sodium silicate (soluble silicate glass), anhydrous
49.5
thous. of short tons_Sodium sulphates (anhydrous, re fined; Glauber's salt;
91.9
crude salt cake)
thous. of short tons._
1,457.6
Sulfuric acid (100% H 2 SOi)
do
288.2
5, 129
160.7
288.0
5,094
162.4
280.7
4,771
158.8
304. 5
5,135
183.9
275.5
4,778
183.0
265. 1
4,804
189. 9
234.6
4,488
171.2
242.4
4,220
159. 1
255.3
4,404
184.2
281.0
4,601
165.3
402.3
10.6
404.1
388.7
11.8
415.4
381.9
9.9
401.0
415.9
10.1
428.3
399.0
11.1
407.7
392.2
11.2
422.5
370.1
10.9
402.9
371.3
10.9
406.5
388.2
9.0
416.4
364.8
9.6
388.9
383.6
10.4
410. 0
360.0
8.8
403.4
40.7
30.4
39 7
49 1
50.3
46 3
45 4
44 2
49 7
43 2
93.4
92.4
1, 548. 8 1, 589. 4
90.5
1, 501. 8
95.3
1, 619. 1
85.6
86.5
•-89.0
1, 403. 8 1, 350. 3 '1,491.1
1, 433. 8
Chlorine gas
Hydrochloric acid (100% HC1)
_ _ _
do
do
Organic chemicals :cf
Acetic acid (synthetic and natural), production
thous. of Ib.Acetic anhydride, production
do
Acetylsalicylic acid (aspirin), production
do
Alcohol, ethyl:
Production^
thous. of proof gal_
Stocks, end of month^f
do
Used for denaturation _ _ _
do _
Withdrawn tax-paid?
do
Alcohol, denatured:
Production
thous. of wine gaLConsumption (withdrawals)
do
Stocks end of month
do
Creosote oil, production
DDT, production
Ethyl acetate (85%), production
thous. of gal__
thous. of lb-do
34 6
28 6
92.4
87.6
89.5
1, 556. 4 1, 614. 2 1, 495. 4
87.6
1, 336. 0
71,165
88, 703
1,696
57, 303
81, 737
1,677
62, 266
104, 529
1, 805
60, 536
93, 744
2,014
65, 926
93, 302
2,004
67, 137
99, 010
2,073
59, 955
89, 193
2,056
67, 261
98, 308
1,992
65, 844
94, 200
1,906
42, 266
29, 497
41, 984
676
41, 904
25, 266
47, 999
570
42,520
29, 279
41, 659
620
41, 550
29, 124
50, 005
655
43, 492
26 506
44,112
746
45, 335
28, 410
47, 015
647
49, 057
33, 235
46, 502
660
47, 884
33, 259
41, 620
706
22, 549
23, 924
2,448
25, 758
22, 885
5,736
22, 476
24, 587
3,669
26, 757
25,178
5,291
23, 674
25, 366
3,729
25,216
23, 167
5,723
24, 880
27, 276
3, 380
22, 409
22, 094
3,721
6,371
12,012
7,495
9,088
13, 550
10, 754
6,980
13, 863
8,588
7.085
12, 377
5,925
8,344
13,617
9,849
9, 688
13,393
7,338
7,946
13, 748
5,895
7,953
12, 444
7,705
300.2
288.0
' 4, 594 4. 504
183.4
175.0
64, 235
82, 410
1,808
60, 328
85 665
1,733
59, 602
77, 574
1, 667
43. 686 54, 943
127, 911 131, 653
43,
132 48, 077
2
3 993
5,000
59, 228
127 020
46, 473
5 583
61, 943
129, 532
41, 724
7,020
23,154
23, 611
3,281
25, 861
25. 826
3,503
24 974
23, 181
5,331
22, 421
23, 861
3,943
7,357
13, 531
7,648
8,413
14, 523
8,232
6, 958
13 750
7,810
6,999
14, 486
6,706
2
2
99, 114 105, 406 114, 344 108, 128 107, 262
96, 402 97, 062 100, 626 112,629 121, 499 1 15, 627 111,679
Ethylene glycol, production
do .
154, 846 140, 888 148, 791 147, 966 156, 861 147, 933 138, 955 143, 938 110, 367 148, 282 142, 755 149, 370
Formaldehyde (37% HC HO), production
do
Glycerin, refined, all grades:
24, 800 26, 600 23, 600 21, 000
23, 500
24, 200 27, 700
24, 300 24, 500 24, 500 22 900
23, 800
Production
do
25,100
42, 500
40, 200 42, 300 43, 100
29, 100 26, 600 26, 500 28, 100
39, 600
46, 500 3 29, 200 27, 400
Stocks, end of month
_
_
do 40,100
Methanol, production:
183
199
188
202
189
156
161
187
199
192
137
183
187
Natural
thous. of gal-24, 979
22; 524 25, 523
22, 074 24, 502 21, 653
23, 770
24, 998
25, 300 26, 082 26, 502 25, 235
Synthetic
do
31,476
30, 675
29, 942 — _ _ _
36, 550 30, 858 35, 068 31, 989 30, 612 33, 127 29. 169
26, 483
Phthalic anhydride, production
thous. of lb__ 17, 481
d
l
f Revised.
Deficit.
Data beginning
January 1960 reflect revised definitions of visits; comparison of January 1960 figure (on old basis) with data for January 1959 shows an increase
2
3
of roughly 15 percent.
See note "1".
Data beginning June 1960 are confined to producers' and warehouse stocks (consumers' are not included).
fRevised series (first shown in October 1959 SUEVEY), reflecting change in comparison base period; monthly averages (1929-59) and monthly data for 1953-59 appear on p. 19 of the
January 1961 SURVEY.
§ Beginning with the October 1959 SURVEY, the figures include visits to Mount McKinley, Alaska and Hawaii National Park, Hawaii. Comparable data for earlier periods will be shown
later. 9 Includes data not shown separately.
^Revisions for 1957 appear on p. 24 of the April 1960 SURVEY; the 1958 data shown therein have been further revised. These revisions, as well as
those for January-August 1959, will be shown later.
cfData (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.
1 Effective July 1960, data include amounts classified as "spirits."
June 1960 data on comparable basis (thous. gal.): Production, 53,137; stocks, 129,041; withdrawn tax-paid, 5,462.
SUEVEY OF CURRENT BUSINESS
January
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-25
I960
1959
Novem- December
ber
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
336
342, 512
62, 129
239, 817
27, 740
343
567, 564
68, 680
377, 877
97, 357
406
430, 240
30, 928
313, 707
81, 898
510
503, 586
24, 632
404 784
67, 017
1,146
547, 146
36, 063
413, 006
83, 988
2, 205
497, 862
26, 575
425, 667
31, 353
1,431
641, 697
46, 888
522, 742
60, 621
890
694, 324
42, 978
587, 210
49, 561
345
630, 124
46, 690
501, 920
67, 706
216
613, 804
38, 694
496, 865
70, 879
337
617, 086
73, 801
446 209
78, 016
393
672, 957
68, 976
467, 108
108, 186
- do- -- do
do
do
do __
149, 848
89, 390
24, 507
8,444
6,692
261,711
145,033
28, 843
19, 296
68, 169
147, 895
77, 824
25, 609
7,737
21, 885
252, 935
118, 667
17, 622
8 814
72, 275
362, 895
169, 045
39, 043
6,918
41,117
294, 711
163,619
29, 535
9, 863
38, 932
274, 835
134, 008
48, 265
15,041
37, 563
182, 445
99, 751
63, 822
25, 386
22, 534
165, 547
66, 498
38, 929
6,458
63, 784
141, 708
76, 224
16, 312
16, 654
14, 083
235, 645
141 781
53, 628
14 380
29, 817
180,244
78 456
0
18,488
42, 558
Potash deliveries
do
Superphosphate and other phosphatic fertilizers (100%
P205):1
Production
_ short tons
Stocks end of month
do
109, 971
255, 027
120, 286
182, 836
232, 181
356, 235
254, 146
194, 537
46, 769
104, 888
103 745
1«3 *>45
221,540
324, 680
236, 088
356, 836
241, 784
377 896
242, 513
367 853
252f 501
318, 782
243, 929
223, 136
256, 674
224, 376
216,938
306, 264
172, 910
367, 655
191, 627
372, 897
185, 533
360 517
241
70, 143
182
72, 838
157
69, 874
110
73, 278
117
76, 671
42
84, 515
81
87, 324
50
87, 071
69
76, 781
128
94 301
117.3
67.4
49.9
116.2
61.6
54.6
130.3
70.3
60.0
130.7
71.3
59.4
149.2
84.6
64.6
163.6
98.5
65.1
173.7
105. 7
68.0
181.8
109.6
72.2
156. 4
96.2
60.2
408
3,834
412
3,810
389
3,846
366
3,811
437
3,810
424
3,766
420
3,720
394
3, 695
4,096
8,857
106
4,914
8,380
216
3,895
7,724
217
3,689
8, 257
232
4,743
9,611
249
3,442
7,467
4,167
7,494
245
48, 519
73, 625
29, 366
100, 470
25, 541
47, 318
77, 851
28, 538
103, 701
27, 559
47, 321
76, 715
28, 529
102, 179
30, 119
48, 810
73, 549
29, 110
101, 255
31, 268
51, 520
79, 436
31, 576
108, 263
35, 224
43, 140
72, 840
30 903
98, 122
33, 003
12, 362
11, 777
110, 802
24, 917
12, 123
13,752
1 12, 660
25, 642
11, 652
14, 155
113, 006
26, 452
10, 274
14, 460
105, 663
29, 572
12, 246
16, 435
114, 566
31, 232
11, 366
16, 034
114 019
31,404
Consumption (10 States) §
Exports, total 9
Nitrogenous materials
Phosphate materials
Potash materials
- thous. of short tons
short tons
- -do
do
_do_
Imports total 9
Nitrosjenous materials total 9
Nitrate of soda
__ __
Phosphate materials
Potash materials
- -
r
r
219,
r
386, 033
37, 586
274 211
49, 269
118 977
677
372 909
236, 784
424 294
165
86 103
1Q5
88 276
?38
80, 206
167.1
102 4
64.7
150. 9
89 1
61.8
140.7
78 6
62 1
127 0
69 7
57 3
420
3,734
454
3,719
373
3,655
390
3 561
400
3 553
4,643
8,055
3,781
6,854
3 844
7,730
188
4 763
7, 655
51
4 481
7,109
64
43, 713
73, 536
29, 540
97, 877
32, 297
43, 752
74, 407
28, 435
93, 688
34, 126
30, 830
72 30H
18 126
83, 926
28, 260
42, 061
76 211
27 718
94 675
30, 103
43, 879
73 316
29 036
r
97 791
30, 335
42, 526
75 249
27 284
104 584
30, 342
11, 596
15, 359
120, 159
30, 238
11, 460
13, 861
102, 264
31, 314
10 060
9,865
103 695
26, 549
10 883
11.549
106 950
30, 095
11
10
109
30
154
822
339
951
10
12
112
33
758
128
886
028
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments:
Black blasting powder
thous of Ib
High explosives
-- do
Paints, varnish, and lacquer, factory shipments: t
Total shipments
_ mil. of dol
Trade products
do
Industrial finishes
do Sulfur (native):
Production
_
thous. of Ion? tons.
Stocks (producers') end of month
do
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
thous. of lb.Mold in? and extrusion materials
_ _ _ _ do . Nitrocellulose sheets rods and tubes
-- do
Phenolic and other tar acid resins
Polystyrene
TJrea and melamine resins
Vinyl resins
Alkyd resins
do _
do _
do
- -- -- do
do
__
Rosin modifications
Polyester resins
Polyethylene resins
Miscellaneous (incl protective coatings) cf
- do
do
do
do
r
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total J
mil. of kw.-hr..
Electric utilities, total
do
By fuels
_.do- _ _
By waterpower
- do
46, 764
11, 668
70, 539
63,111
50, 427
12, 683
71, 532
64 021
51,007
13,014
67, 622
60, 330
47, 807
12, 523
72, 110
64, 301
51, 012
13, 289
66, 220
58 717
45, 478
13 239
67, 982
60 344
47, 308
13 036
69, 304
61 920
49, 474
12 447
70,694
63 528
51 636
11 893
74, 613
67 255
55 138
12 117
69, 628
62 581
51 141
11 440
69
62
51
10
485
25°
759
493
68, 271
61 410
50 649
10 761
Privately and municipally owned utilities, do Other producers (publicly owned)
--do._ -
47, 889
10, 544
51, 850
11,261
52, 346
11,675
49 057
11, 273
52, 047
12, 254
47 851
10, 867
48 932
11,412
50 763
11, 157
51 614
11 914
55 178
12 077
51 575
11 006
51 257
10 996
50 431
10' 979
6,842
6, 550
292
7,428
7,100
328
7,511
7,173
338
7,292
6,958
333
7,809
7,461
348
7, 503
7,158
345
7,638
7 284
354
7,384
7 060
324
7, 166
6 897
269
7 358
7 109
249
7 047
6 811
236
7 233
6 995
933
6 862
6 599
263
55, 965
Industrial establishments, total
By fuels
By waterpower
do
do
do
65, 275
58, 433
do ._.
51, 603
54, 656
56, 202
55, 417
54, 176
52, 830
54,108
55, 321
57 513
57 344
55 166
do
do --
9,244
24, 960
9,432
26, 154
9, 055
26, 553
8,843 1 8, 801
26, 503 i 27, 124
8 696
26 584
8 782
26, 781
9 546
26 942
10 418
26 134
10 769
27 558
10 784
27 269
9 833
97 108
Railways and railroads
_ do
Residential or domestic
do
Rural (distinct rural rates).
do
Street and highway lighting
do_-.
Other public authorities— _ _ __ _
.. do
Interdepartmental
_
__
doRe venue from sales to ultimate customers (Edison
Electric Institute)
mil. of doL-
401
14, 314
875
561
1, 205
43
441
15, 889
874
594
1,231
41
465
17 371
876
602
1,242
39
430
16, 936
821
548
1,293
42
468
16 746
941
532
1,309
43
410
15 592
1 076
488
1,281
49
376
14 078
1,033
455
1,272
53
363
14 232
l'l85
436
1,343
61
344
15 157
1 440
468
1,292
68
364
15 390
1 534
478
1 354
67
323
15 639
1 364
512
1 385
67
380
14 795
1 017
562
1 415
59
881.5
916.6
942.5
932.7
929.5
908.8
891.9
915.7
936.8
967 8
977.4
942 0
Sales to ultimate customers, total (EEI)
Commercial and industrial:
Small light and power
Large light and power -
GAS
Manufactured and mixed gas (quarterly):!:
Customers, end of quarter, total 9
thousands. .
Residential
do
Industrial and commercial
do.
Sales to consumers, total 9
Residential
Industrial and commercial
mil. of therms. .
_
_ do
do .
Revenue from sales to consumers, total 9
Residential
Industrial and commercial
.__
r
mil. of dol
do .
do.- .
2,522
2,356
165
2,509
2,341
166
2,161
2 020
139
572
407
161
941
732
202
504
341
148
75 3
58.0
16,9
116 8
94.0
22.3
64 3
48.8
15.0
l
Re vised.
Data beginning March 1960 are not comparable with those for earlier periods because of ^classification of some companies from small to large.
§States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,
consumption in that State is as follows (thous. short tons): 1959—July-September, 69; October-December, 73; 1960—January-March, 222; April-June, 591; July-September, 75.
9 Includes data not shown separately.
^Revisions for January 1958-April 1959 for superphosphate and for January 1958-September 1959 for paints, etc., will be shown later.
cf Data
prior to 1959 exclude protective coatings.
{Electric-power production revisions for 1958 appear on p. 20 of the January 1960 SURVEY. Manufactured and mixed gas revisions for 1st and 2d
quarters of 1958 and 1959 will be shown later.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1959
Janujirv
1960
Novem- December
ber
January
February
At arch
April
May
June
j
1
July
A ugust
Septem- October ~ December
ber
ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly) : 9
Customers end of Quarter, total
Residential
Industrial and commercial
Sales to consumers total
Residential
Industrial and commercial
thousands
do
do
30 036
27, 588
2 412
30 306
27 847
2 425
30 459
28,051
2,374
mil. of therms
do
do
22 082
7 320
13 583
30. 118
13 986
14 918
21, 054
6 550
13 570
1 257 9
695 1
5'? 5 7
1 918 4
1, 224 4
653 8
1 214 2
661. 3
523 0
Revenue from sales to consumers total
Residential
mil of dol
do
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
5 950
Production
thous. of bbl
5 970
Taxable withdrawals
- _ do
9, 714
Stocks, end of month
_
do
Distilled spirits (total) :
Production§
thous. of tax gal__ 25, 994
Consumption, apparent, for beverage purposes©
thous. of wine gal__ 21,573
Taxable withdrawals^
_ thous. of tax gal
16, 053
Stocks, end of month§ _
do
883, 354
4, 010
Imports _ _ _
_
thous. of proof sal _
Whisky:
Production
thous. of tax gal __ 12, 599
8 661
Taxable withdrawals
do
775, 767
Stocks, end of month
_
do
3, 590
Imports
thous. of proof gal..
Rectified spirits and wines, production, total cf
8,224
thous. of proof cal_.
Whisky
do
6 543
Wines and distilling materials:
Effervescent wines:
248
Production.
thous. of wine gal__
432
Taxable withdrawals
do
1,949
Stocks, end of month
do
108
Imports
_ _ _
do_
Still wines:
12 702
Production
do
Taxable withdrawals.
do
13, 731
Stocks, end of month
do. _ 226, 273
912
Imports
_.
_ _ do
25,110
Distilling materials produced at wineries .. .-do...
6, 609
6, 775
9,091
6 461
5, 595
9, 649
6 325
5 826
9 774
8 138
6,960
10,515
8,187
7, 435
10,789
9, 336
8. 290
11,317
9, 860
9,129
11, 458
8, 603
11,241
9 173
8 989
10, 887
7 332
7, 519
10, 229
6 773
6, 571
10,017
22, 270
22, 224
24, 122
25, 893
22, 904
23, 844
22, 164
J 9 126
10, 319
11,921
16. 351
27, 574
10. 749
891,426
3, 535
15, 042
10, 630
899, 260
2, 001
15, 900
11,470
907, 830
2 225
19, 534
14, 658
918,872
2,827
18.314
14, 117
921,318
2, 629
19, 090
14, 121
928, 377
2 936
19, 521
16, 719
1
14, 718
7, 644
931,509 '835,782
3,044
2, 205
18,303
9 542
833, 699
2,820
18, 633
10 256
832, 603
3,320
12, 708
832, 656
4,356
5, 088
11,716
5 641
779, 443
3.118
33, 945
5 449
785.378
1,752
1 5. 630
5 773
792, 083
1, 980
16,914
7 153
801,991
2,443
1 5. 007
6 874
804, 642
2,313
14, 787
6,363
810, 795
2, 569
12,934
6,519
813, 720
2,718
6, 874
5, 059
814, 039
1 , 952
7. 285
6 642
812, 166
2, 546
8.748
7 704
r
810, 746
2, 954
11,162
9 981
808, 816
3, 843
4, 544
5,741
4 390
5, 236
3 853
5, 835
4 507
6,977
5 472
6, 552
4 990
6,842
5.247
7,373
5, 601
5, 556
4 389
6, 594
5 064
7,788
6 062
10, 125
8 137
334
431
1,814
140
372
217
1,947
47
369
174
2 122
48
437
224
2,317
63
398
242
2 452
75
375
289
2, 520
79
507
284
2,712
71
217
144
2,774
51
252
?22
2,770
38
267
272
2,743
60
236
399
2,547
100
4 175
13, 946
209, 747
1,128
7,254
2 834
11,212
202, 453
603
4,280
2 195
11 552
189,418
576
3, 105
2, 746
15,030
178, 536
837
2,301
1 854
12 460
164, 495
1, 577
1, 846
11.929
155,882
884
1,779
2, 067
12, 039
142,603
800
4,789
1,284
9,044
132, 309
586
2,366
4 466
11,464
125,733
717
17,967
56 859
13, 284
168, 517
736
117, 035
70, 470
13, 349
226, 129
977
125. 569
91. 360
46, 690
.647
108, 046
31, 050
.630
118, 640
33, 992
.588
120,110
42, 958
.588
131, 405
64. 865
.588
129 740
86 148
.589
148, 705
119,117
.588
143,000
162, 731
. 586
116,985
179, 861
.586
97 990
169, 325
.598
83. 985
135, 540
.618
94, 600
116, 015
.616
88, 256
52 575
98, 855
58, 557
100,690
61 500
103. 470
65 850
121, 410
78, 645
131 915
92 775
156,485
113. 925
157, 035
114, 030
135, 255
97, 150
120,635
84, 135
108, 905
72, 375
110, 585
71, 235
8 Q9S
171
1,270
DAIRY PRODUCTS
Butter, creamery:
Production (factory) {
_ _ _ _ . _ thous. of Ib
Stocks, cold storage, end of month
_
do
Price, wholesale, 92-seore (New York)., dol. per Ib
Cheese:
Production (factory), totalt
._
thous. of Ib
American whole milkt
do
r
93. 620
90, 587
.623
76 433
106, 985
67, 925
Stocks, cold storage, end of month, total
do_ _
320,215 304, 084 283. 290 268, 227 261 , 835 275, 912 307, 523 345, 165 360, 107 358, 914 346, 189 333,011 r 328, 804 330 53r5
American, whole milk
do
281 033 265. 671 245, 755 231,719 228, 222 240 950 267, 071 304,111 315, 728 317 946 304, 237 291, 735 r287 718 289 (HO
4,494
4,670
8, 753
7, 115
5, 045
5, 245
4,382
3, 430
4, 167
4,333
8 121
6 576
Imports
do
4 738
Price, wholesale, American, single daisies (Chicago)
.392
.392
.415
.415
.415
.438
.401
.392
.415
.401
.438
dol. per lb__
.430
.438.
.404
Condensed and evaporated milk:
Production, case goods:J
6,140
6, 225
6,115
4,477
5, 815
6,085
5, 860
5,000
Condensed (sweetened)
thous. of l h _ _
5.880
5, 725
5, 025
4,363
6, 675
Evaporated (unsweetened)
do
124 176 136, 720 132 900 136,900 169, 300 202 600 264, 000 245, 600 207, 200 203, 300 171, 000 160, 500 139, 200
Stocks, manufacturers', case goods, end of month:
6,447
6, 435
5, 484
5, 467
4, 596
5. 517
5,835
4, 856
5,108
6, 262
Condensed (sweetened)
thous. of Ib
5, 436
4,270
3,718
95 644 112 475 206, 758 261, 819 302, 101 364, 741 332, 723 319, 174 293, 379
Evaporated (unsweetened)
do
279, 028 225, 092 178, 446 135,954
Exports:
3, 996
3, 664
2 194
3,447
2, 853
Condensed (sweetened)
_
do
3,288
3, 213
3,902
3,246
2,997
4 721
4 683
3 176
9,375
14. 035
4,444
5, 918
8, 216
6,220
11,141
Evaporated (unsweetened)
do
6,773
5,840
5,927
2,834
5, 608
8,168
Price, manufacturers' average selling:
6.33
6.38
6.31
6.38
6.37
6. 32
6. 33
6.31
6.31
6.34
Evaporated (unsweetened).
dol. per case. .
6.33
6.35
6.37
Fluid milk:
12, 626
12, 108
9, 862
9, 679
10, 862
Production on farms
. _
mil. of Ib
9, 545
10, 330
11,219
8 894
9,389
q 487
9,498
11 313
9 039
3, 546
5,082
3,829
4,324
3,696
4, 241
3,768
Utilization in manufactured dairy products t___do
3,231
4,473
5, 237
3, 063
3, 445
3, 326
r
3.82
4.62
4.49
4.15
3.80
4.36
4.27
4.42
4.19
4.57
3.95
3.96
Price, wholesale, U.S. average!
dol. per 100 Ib
4. 65
* 4. 59
Dry milk:
Production :J
9,300
9,900
7,650
9,600
7,484
Dry whole milk
thous. of Ib
8,250
7,200
9,138
8,900
6,700
7,700
9,700
8,450
Nonfat dry milk (human food).
do
98. 880 110, 000 110,300
104, 817 136, 056 150, 300 158, 400 170, 200 185, 500 224, 600 211,000 158, 350 121. 650
Stocks, manufacturers', end of month:
6, 068
7,474
6, 791
4,850
6,846
6, 822
6,486
4,834
Dry whole milk
_
do _
5,401
6, 853
5, 543
6, 772
5,343
96, 567 102, 204 105,533 101,646 112,293 150, 528 158, 304 153,677 133,083 1 10, 607 108, 746 100, 835
Nonfat drv milk (human food)
do
85, 356
Exports:
2, 035
2,525
3, 687
1,734
4,446
3 380
1,981
Drv whole milk _
__
do
1,941
1, 694
2,401
2, 787
2,997
1 1°0
19, 150
5,550
9,436
6. 073
7 470
19, 128
Nonfat drv milk (human food)
_
do
13, 573
35, 090
17, 922
5,312
19, 402
21.923
21 085
Price, manufacturers' average selling,* nonfat dry
.134
.136
.135
.134
.138
.134
.135
.137
.137
milk (human food)
...dol. perlb..
.139
.138
.137
.137
r
!
Revised.
r> Preliminary.
See note "§".
9 Totals include data not shown separately. Revisions for 1952-58 for total sales and total revenue (for 1st and 2d quarters of 1958 for other items; see footnote) are on p. 24 of the April i960
SURVEY. Revisions for 1st and 2d quarters of 1959 will be shown later.
§ Effective July 1960, data exclude amounts classified as "spirits"; such amounts now included with ethyl alcohol (p. S-24). June 1960 data on comparable basis (thous. gal.): Production,
16,910; withdrawals, 9,962; stocks, 835,727.
O Alaska included beginning January 1959.
cfData beginning July 1959 exclude production of wines and vermouth; for July 1958-June 1959, such production totaled 43,600 gal.
^Revisions for the indicated items and for the periods specified are available upon request as follows: Butter and cheese (total and American)—January 1957-June 1959; condensed and evaporated milk—January 1958-June 1959; dry whole milk—January 1952-December 1955 and January 1958-June 1959; nonfat dry milk—January 1954-June 1959; fluid milk used in manufactured dairy products—January 1952-July 1959; fluid milk price—June 1958-February 1959.
SURVEY OF CURRENT BUSINESS
.J'liimarv 1901
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1959
S-27
1960
Novem- December
ber
January
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
tbous. of bu
Shipments carlot
- No. of carloads _
Stocks, cold storage, end of month
thous. of b u _ .
Citrus fruits, carlot shipments
No. of carloads- Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. of lb.
Fruit iuices and purees
do
Vegetables
do
Potatoes, white:
Production (crop estimate)thous. of cwt__
Shipments, carlot
No. of carloads.Price, wholesale, U.S. No. 1 (New York)
dol. per 100 lb_-
]
1, 526
44, 259
121,787
2, 300
33, 586
1,625
24, 065
1 767
16, 720
2,130
9,442
1 666
4,248
1 425
1,166
426
316
119
167
13
178
231
14, 120
4,602
9,431
7,464
6, 600
6,978
7, 135
7, 475
5, 569
4, 368
3,334
3,196
r
I 091
44, 598
' 2, 201
r
r
1 492
37. 539
2 1Q6 3#o
1 719
28, 300
7, 954
' 3. 058
r
507
r
498, 016
356, 983
906, 970
464, 698
360 091
844 288
428, 838
478 791
754, 780
376 135
526 652
670 432
321, 639
496 0^6
612 967
271 614
538 952
586 537
251 775
648 357
544 864
316 926
625 198
563 014
430 862
554 600
634 794
496 852
453 229
80l' 345
11,258
1 243, 281
12, 829
14, 763
13,414
20, 593
14, 943
17. 704
18, 324
7, 679
5,120
7,404
' 8, 733
' 9, 250
4. 063
3.804
4. 215
4. 125
4.975
6.642
6. 750
4. 760
3.153
3.836
3.790
' 3. 981
p 4. 159
Exports (barley, corn, oats, rye, wheat) t-thous. of bu_-
63,992
71, r,64
65,919
74, 174
76, 707
89, 426
83, 136
72, 649
66, 134
68,721
83, 248
81, 262
86, 718
Barley:
Production (crop estimate)
Receipts 4 principal markets
14,710
1 422, 073
11,379
15,785
13 2^9
13 065
10 962
13 967
17 057
13 616
36 708
19 794
14 429
13 511
8,337
362
198
163
7, 879
8,317
0
1 174
1.112
1 159
1. 085
1. 170
1.114
11,901
55,612
i 4, 281
11,812
31,974
12,492
21,916
23,410
4.456
3,094
1, 361
26, 005
1. 100
1.044
5,693
522 051 517 744
685 479 732
413 014 353 408 291 691 286 167
942' 145 1 017 373 1,017 386 976 200
2956 677
10'. 242
GRAIN AND GRAIN PRODUCTS
-
_ - _ --do
- do __
Stocks f domestic), end of quarter, totalcf ..mil. of bu_.
On farms
- -- - - do .
Off farms cf .
do
Exports including maltt§
-- - -thous. of bu
Prices, wholesale (Minneapolis):
No 2 malting
dol. per bu_
No. 3. straight
do
Corn :
Production (crop estimate)
_ - mil. o f b u .
Orindings, wret processO
_ . _ _. thous. of bu...
Receipts, interior primary markets
do
Stocks (domestic), end of quarter, total cf — mil. of bu._
On farms
do.
OfTfarmscf
do
Exports, including meal and flour t
thous. of bu__
Prices. wholesale:
No 3 yellow^ (Chicago)
dol. per bu..
Weighted average, 5 markets, all grades _ . -do _..
Oats:
Production (crop estimate)-.. --- - - -mil. of bu...
Reeeipts, interior primary markets
thous. of bu_.
Stor-ks (domestic), end of quarter, totalcf .. .mil. of bu .
On farms
_ _
do
OrTfarmscf - - - - - do
Exports, including oatmeal t
_ _ thous. of bu
Price, wholesale, No. 3, white (Chicago) --dol. per bu_.
Rice:
Production (crop estimate)
thous. of bags 9California mills:
Receipts, domestic, rough
thous. of l b _ _
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
_
thous o f l b
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers. _.
do
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil. of lb_
Exportst
thous o f l b
Price, wholesale, head, clean (N.O.)
dol. per lb_
Rye:
Production (crop estimate)
thous. of bu
Receipts, interior primary markets. _ _
do
Stocks (domestic), end of quarter, totalcf-. _ . do
Price, wholesale, No. 2 (Minneapolis)-- dol. p e r b u _ .
Wheat:
Production (crop estimate), total
Spring wheat
Winter wheat
Receipts, interior primary markets
Bisappearance (quarterly total)
mil. of bu_do _
do
thous. of bu_do
flourj
thous. of bu._
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per bu-.
No. 2, hard winter (Kansas City)
do
No. 2, red winter (St. Louis). _ . _
do
Weighted avg., 6 markets, all grades
do
33
246
121
125
8, 459
5 949
1 144
1.083
1 156
1.075
1 157
1.081
12, 521
32,448
12,881
25, 977
12 239
25,150
13,689
16,734
3. 407
2 088
1.319
15,047
1.095
1. 025
1. 144
1.043
1 128
1.012
i 1, 066
6.412
5, 892
5, 712
R
775
699
76
1.241
.796
5, 546
.792
]
78, 034
46, 481
8 79
3 168
3 56
3
112
8 140
6 007
5 995
465
977
188
q 680
9 304
7 370
1 176
1. 112
1 162
1. 075
1 092
1. 013
1 1 25
1.026
1 129
1.012
1 148
1.069
1 119
1. 025
13 118
34, 267
13, 777
34,517
12 370
28, 441
13 712
34,077
13 080
21, 172
13 851
29, 939
78, 466
17, 882
18,016
2 563
1 335
1,228
19, 144
1 5, 960
20, 028
s 464
3 ] 335
13, 659
16, 556
27, 784
1 149
1 079
1 206
1 124
1 913
1 145
1 200
1 152
1 194
1 '35
1 184
1 110
1 165
1 037
1 057
1 014
960
942
6, 209
3,421
4,830
7, 672
10, 198
39, 112
16, 046
6,263
4, 461
9
3
269
s 229
3 40
488
427
61
] 100
979
121
3,487
.780
1 923
. 755
] 891
. 774
3 212
(4)
1 925
(*)
3 741
.750
2 188
.734
4 065
. 6SO
5 641
. 653
3 841
.642
1 647
(4)
111,624
51,671
125, 912
57, 596
101,502
87, 247
111.974
66, 035
79, 968
51,687
75, 145
81, 240
88, 282
81, 634
69, 890
32, 566
36, 072
25, 436
212, 208
r
38, 682
64, 197
47, 541
g9 21*?
58 978
129 902
140 554
r
75, 423
95, 151
125 320
109 295
113 300
108 707
73 91 8
51 209
118,155
217, 375
117, 767
221, 461
158,260
264,019
74 410
203,612
66 678
217, 531
64, 075
201, 045
46 938
207, 057
1,363.7
113,241
.081
1, 274. 3
96, 800
.083
1,177.2 1, 060. 8
177, 568 190 493
. 083
.083
791.3
176 432
.083
658.9
169 367
.083
547.4
174 149
.083
421.1
167 725
.083
246.3
130 246
.081
208.6
42 Q18
!6?9
831.7
69 319
.'077
1,403.4
187 856
.078
287
298
641
969
4 S32
712
1. 159
1.167
1.083
1. 068
1 920
35 092
1. 106
1 176
1.178
2 068
10 433
1.150
3 338
1.213
361
13,821
1.157
1. 114
1. 093
1.253
22, 339
583
19, 862
1.214
100 4°3 1 245 312 1 333 826 456 749
98, 679 201,098 320, 686 272, 295
1. 472. 3
13 987
p . 079
l>
2 3-) |()t)
3
1
25, 076
1.126.
7
1
203.1
1
923. 6
18, 773
257,716
35, 497
26, 940
1. 093
2 j 363 4
2 94 K '}
2 j ] )7 i
23, 101
18, 556
1,878
332
1,546
26, 261
21,818
. 6»V>
2 54 4Q'}
110,022
165, 228
1
1 017
991
•2 i i6°
77, 295
1, 177
1 VJ9
1.037
? 1 7(;C)
53, 438
84, 303
56, 289
423 136
11 091
i 4 3*3
288,156
204, 494
Stocks (domestic), end of quarter, totalcf-.mil. of bu._
On farms
-...
do
OfTfarmscf
.
do
Exports, total, including
Wheat onlyt
2
24,317
316, 153
18, 745
18,478
1,564
206
1, 358
39. 953
33, 502
46.091
39 978
51,230
43 035
30, 957
251, 931
103, 693
87, 874
31,315
a 97
3
1,218
62. 283
54 865
53, 947
48 99°
41, 304
36 802
47, 595
333, 970
33,260
23, 809
50, 831
45 317
49, 568
42 171
2, 350
5"^
1 795
40, 973
37 411
38, 479
34 513
53, 776
48 529
2.242
2.299
2. 246
2. 245
2.258
2. 256
2. 269
2. 287
2.285
2.120
2. 146
2.157
' 2. 146 2. 142
2 193
2.058
2 081
2.072
2 100
1 Q'-{7
2 io3
2 008
1 953
1 8(<2
4
2.048
1. 998
1
979
2.106
()
2.092
2.037
1.825
1. 784
1.817
1.950
•_>. 073
(')
2. 280
2.241
2 248
2. 237
2. 261
2. 259
2.233
2.174
2. 023
2.113
2. 146
2! 130
2. 132
2. 135
!
Revised.
p
Preliminary.
Revised
estimate
of
1959
crop.
2
i>
ber
1
estimate
of
1960
crop.
cem
3
4
Old crop only; new grain not reported until beginning of new crop year 'July for barley,, oat:;,, and wheat; October for corn)..
No quotation.
'
JScattered revisions for 1958-January 1959 for exports of indicated grain ser es will be shown later.
§ Excludes a small amount of pearl'barle.y.
OData be? Winning January 1959 ai
andard 17-percent moisture basis; prior thereto, on basis of varying moistur content (from 12 to 25 percent)..
9 Bags of 100 Ib..
cf Datii prior to last quarter of 1959 will be shown later. The"figures inelu le grain owned by Commodity Credit Corporation and stored off farms in its own s teel and wooden bins.
1
QOO
SURVEY OF CURRENT BUSINESS
S-28
195')
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem DecemBUSINESS STATISTICS
ber
ber
Jiuraavy 1061
1960
January
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flour
thous. of sacks (100 lb.)__
Oporaf ions, percent of capacity
Offal
thous of short tons
Grindings of wheat
thous. of bu__
Stocks held by mills, end of quarter
thous of sacks (100 Ib )
Exports _
do
Prices, wholesale:
Spring, short patents (Minneapolis) §
dol. per 100 lb._
Winter hard short patents (Kansas City)§ do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
thous of animals
Cattle
do
Receipts principal markets
do
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 Ib
Steers, stocker and feeder (Kansas City)
do
Calves, vealers (Natl. Stockyards, Ill.)cf
do
Hogs:
Slaughter (federally inspected)
thous. of animals..
Receipts principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb_.
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog__
Sheep and lambs:
Slaughter (federally inspected)
thous. of animals..
Receipts principal markets
do
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
_ dol. per 100 Ib
Lambs, feeder, good and choice (Omaha)
do
MEATS
Total meats:
Production (carcass weight, leaf lard out) , inspected
slaughter
mil o f l b
Stocks (excluding lard), cold storage, end of month
mil. oflb..
Exports (including lard)
do
Imports (excluding lard)
do
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of month
thous. of lb__
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb_.
Lamb and mutton:
Production, inspected slaughter
thous. of lb__
Stocks, cold storage, end of month
do
Pork (including lard), production, inspected slaughter
mil. of Ib
Pork (excluding lard) :
Production, inspected slaughter
thous. of lb._
Stocks, cold storage, end of month
do
Exports
_
do
Imports
_
do
Prices, wholesale:
Hams, smoked, composite
dol. per lb_.
Fresh loins, 8-12 Ib. average (New York)
do.
Lard:
Production, inspected slaughter
thous. of Ib...
Stocks, dry and cold storage, end of month
do
Exports
do
Price, wholesale, refined (Chicago)
dol. per lb__
21,671
97.5
409
49, 503
21,630
88.4
413
49, 529
21,884
98.3
414
50, ORO
20, 396
87.0
387
46, 632
22, 137
85.7
422
50, 012
19, 350
82.2
369
44, 271
19,042
80.9
359
43, 473
20,184
82.1
384
46,127
19, 253
86.1
368
44, 101
22, 009
85.6
419
50, 387
21, 643
92.0
408
49, 385
23, 300
99.1
436
53, 166
22, 181
94.3
414
50, 403
1,932
4 847
3,721
2,805
2, 658
4, 462
3, 563
3,225
2, 155
4,165
1,957
1,548
1,724
4,334
2,281
2,397
3,216
5.560
5.165
5. 460
5.150
i 5. 293
4. 933
i 5. 343
i 4. 933
5. 435
5. 050
i 5. 365
i 5. 050
438
1,462
2,243
1,016
456
1, 552
1,815
544
413
1, 564
1,731
2
378
389
1,437
1,568
270
482
1,577
1,703
309
394
1,412
1, 569
295
378
1, 606
1,827
352
397
1,692
1,741
301
374
1, 592
1,599
249
450
1,787
1.992
388
514
1,782
2, 092
783
516
1,746
2, 605
1,319
502
1,625
2,085
884
26.31
23. 34
29.50
25.26
22. 51
30. 00
26.10
23.31
33.00
26.37
23. 80
33.00
27.40
25.14
33. 00
27.13
25. 46
28.50
26. 75
25. 38
29.00
25. 58
23. 50
26. 00
25.30
21.81
25. 50
24.75
21. 28
24.50
24.62
20.91
25.50
24.83
21. 59
25. 50
26.00
22.54
P28.00
6, 337
3,299
6,968
5, 462
6, 516
3,167
5,841
2, 744
6,116
2,782
5, 571
2,578
5, 483
2,672
5.086
2, 465
4,304
2,061
5, 203
2. 460
5,165
2, 330
5,407
2,451
5, 707
2,597
12.19
11.19
12.08
13. 15
15.19
15.68
15. 57
16.11
16.57
16.14
16.07
17.04
17.06
16. t>8
12.3
11.8
12.4
13. 1
15.1
14.8
14.4
14.8
15.2
15.3
14.7
17.1
19.2
17.8
1,070
1,089
250
1,182
1,002
141
1,237
1,031
2
160
1,076
870
160
1,088
858
159
1,054
902
148
1,110
1,086
258
1,137
881
205
1,113
875
190
1, 240
1, 165
474
1,323
1,457
722
1,353
1,507
616
1,192
1,005
215
18.50
18.13
17. 75
17.10
19.50
17.70
20.62
19. 18
22.25
20. 35
21.25
21.20
21.25
20.88
21. 50
19.61
20.25
17.95
18.25
17.21
16. 50
37.34
16. 50
15. 98
16.50
15.95
2,128
2,322
2,238
1,995
2,144
1,959
2,071
2, 054
1,834
2,097
2,081
2,110
2,112
477
109
54
544
68
81
597
99
64
617
82
56
594
88
53
641
94
71
634
80
57
591
89
67
532
69
77
461
88
94
403
89
68
402
103
56
410
78
43
913.4
186, 134
3,117
37, 805
986.0
212, 069
2, 560
59, 387
999.3
204, 302
2,494
39, 345
912.3
193, 840
2 158
33, 232
1,000.3
173, 574
2,201
32, 887
887.7
166, 041
2,640
45, 933
1, 004. 8
156, 143
2, 062
36, 220
1,044.7
153, 078
2,142
43, 044
976. 2
153, 322
1,770
51, 718
.454
.449
.456
.461
.476
.474
.473
.451
.441
.433
.425
.421
53, 333
9,943
52, 067
11, 654
49, 974
13, 178
56, 532
13, 434
59, 347
12, 644
62, 057
12,286
56, 561
' 12, 424
974.2
1,053.4
i 5. 228
4. 850
1
1
5. 238
'4.817
1
1
1
5. 455
5.Q33
1
1
1
1
5. 250
4. 983
i 5. 300 r i 5, 330 p i 5, 305
i 5. 083 ' i 5. 090 P ! 5. 050
1, 091. 6 1, 094. 5
160, 876 171,243
2, 756
2,596
48, 636
70, 735
1,074.1 1,002.4
182, 739 ' 182, 239
3,077
2,877
24, 778
36, 300
.438
50, 800
12, 624
57, 552
14, 794
61, 755
14, 046
54, 256
12,203
54, 830
11, 188
52, 430
10, 921
1,163.4
1, 278. 9
1,177.0
1, 028. 7
1,088.7
1,018.9
1,012.9
957.3
807.8
949.0
927.1
876,741
223, 830
7,979
11,875
954, 721
264, 280
4,668
13, 484
886, 766
311, 537
4,849
15, 057
788, 091
342, 574
5,515
14, 246
819,880
337, 921
7,828
11. 832
773, 678
383, 291
7,078
15, 448
766, 768
386, 291
5,948
14, 646
716.454
351, 127
3,583
17, 329
607, 007
294, 242
3,006
15, 584
715, 652
220, 665
4,278
13, 227
704, 006
157, 812
7,103
12, 568
.450
.411
.451
.375
.430
.390
.441
.406
.478
.455
.476
.429
.492
.453
.484
.492
.469
.508
.469
.485
.445
.520
.472
.525
P. 475
.505
208, 587
92, 100
70, 722
.115
238, 203
123, 700
36, 585
.108
211, 742
135, 600
68,800
.105
176, 082
146, 800
50, 260
.108
196,299
144, 800
55, 506
.113
179, 103
136, 000
56, 154
.123
180, 153
149, 800
49, 825
.120
175,670
1 36, 400
62, 724
.123
146, 486
128,900
42, 940
.133
169, 799
108, 900
51, 186
.140
162, 085
92,500
42, 319
.128
167, 381
' 72, 400
57, 920
.133
178, 840
83,400
32, 995
P. 141
718
638
POULTRY AND EGGS
Poultry:
604
Slaughter (commercial production)
mil. oflb..
Stocks, cold storage (frozen), end of month
352,
826
thous. oflb..
183, 329
Turkeys.
do
Price, in Georgia producing area, live broilers
.140
dol. per lb._
Eggs:
13.3
Production on farms
mil. of cases 9
Stocks, cold storage, end of month:
297
Shell
thous. of cases
96, 175
Frozen
_
_ thous. of Ib
Price, wholesale, extras, large (delivered; Chicago)
.307
dol. per doz__
456
409
372
403
413
490
506
526
631
656
299, 709
142, 296
261, 493
123, 954
220, 381
105, 208
184, 704
87, 277
159, 218
74,306
149, 832
66, 717
152, 737
70, 891
201, 111
112, 517
292, 626
186, 057
.168
.162
.172
.177
.171
.171
.171
.172
.156
.153
15.8
14.4
13.9
13.2
12.4
1,029
166, 387
746
158,094
486
139, 797
269
113, 743
.321
.367
.458
.493
14.8
14.1
15.4
15.3
188
78, 678
304
75,275
345
78, 089
181
81, 431
299
90, 104
753
121, 768
1,110
157, 040
.289
.259
.267
.345
.363
.328
.297
Ifi. 50
15. 78
4:30
183, 264
. 459
12, 130
744, 573 808, 536
143, 934 ' 153, 629 175, 396
7,245
6,352
13, 842
316, 686
149, 176
14.4
2ix 61
23. 61
.489
414, 384 '352,509
282, 187 ••209,941
302, 222
162, 177
.150
.149
.147
12.8
12.8
13.7
96
' 87, 344
.523
76
63, 213
.447
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
15,304
15, 477
17, 613
20,129
31, 394
18, 678
22, 792
30, 392
20, 093
14, 411
14, 388
17, 997
32, 854
Imports (incl shells)
long tons
292
.255
.295
.290
.283
.298
.288
.284
.285
.271
.290
.303
.330
.309
Price, wholesale, Accra (New York)
dol. per lb__
'^Revised
* Preliminary
1 Beginning 1960, Minneapolis
prices
cover
standard
patent
and
Kansas
City
prices,
95
percent
patent.
January
1960
prices
comparable
with
December
2
1959- $5 500 (Minneapolis) and $5 145 (Kansas City).
Beginning 1960, for 8 States (Wisconsin excluded); January 1960 figure for cattle and calves, 9 States, 382 thous.
§Quotations
are for 100 pounds in bulk; prior to 1959, for 100-pound sacks. tf Chicago prices through 1958 (January 1959 price at Chicago, $33.00),
9 Cases of 30 dozen.
SURVEY OF CURRENT BUSINESS
January 1001
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the. 1959 edition of
BUSINESS STATISTICS
S-29
19 59
19()0
Novem- Decem-
ber
ber
Janu-
ary
Febru-
ary
March
April
May
June
July
August
*>em- |octo.u-r
Novem- Decem-
ber
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee (green):
Inventories (roasters', importers', dealers'), end of
quarter
__
_ _ tbous. of bagsc?
Roastings (green weight) quarterly total
do
Imports
-do
From Brazil ..
_
. - ...
-__do
Price, wholesale, Santos, No. 4 (New York)
dol. per Ib
Confectionery, manufacturers' sales J
thous. of dol .
1,621
601
3, 370
5 678
2, 369
1, 105
1,232
392
2,147
796
2,857
5 833
2.018
780
1,642
758
1,816
748
2,931
5,205
1,903
1,002
1 648
805
2 032
1,057
3 440
5 083
1,963
863
.373
121,000
.361
108, 000
.366
101, 699
.370
105, 495
.370
104, 892
.371
87? 295
.373
72, 909
.375
76, 111
.369
60, 664
.364
83, 402
.369
133, 680
242,153
232 009
209, 489
180,452
142, 880
133 765
146, 579
165, 822
193, 461
210 519
1,780
1,477
1,419
2, 575
3,921
4,302
3,996
3,204
2,910
849, 769
251, 474
155, 091
663 718
142 873
78, 373
273 431
605, 046
30, 808
84, 706
506 582
81, 730
63 640
53 963
573, 532 1,029,544
149, 826 232, 758
47, 042
883. 079
166, 150
45, 267
726, 002
227, 288
844,479
811,088
r
3, 391
548, 507
545, 400
3,107
617, 094
612, 325
4.769
779, 790
772, 817
6,973
705, 390
699 916
5, 474
785, 680
780, 032
5,648
1.811
490
2, 005
713
2,082
498
2, 076
1 053
1.951
485
1,954
243
2,023
331
1,716
297
1,396
414
157,050
115 442
3,360
238 722
177 891
9 520
279, 761
169, 869
79, 063
354, 404
215, 408
95, 973
427, 432
331 385
96, 047
415, 529
317 287
89 694
484. 072
394. 371
75, 824
411, 892
282, 570
120, 082
393, 494
211,464
160.409
327 623
3 280
192 515
7,921
1,240
4 499
1 530
35, 018
25, 900
43, 880
37, 879
49, 404
40 910
45, 457
42 595
60, 451
47,415
48, 632
43, 959
56,170
42 434
dol per Ib
.064
062
.059
.060
.061
062
.061
. 061
dol. per 5 Ib
_ _ _ d o l . perlb^
thous of Ib
.549
.088
8.131
540
.088
11 042
.545
.086
9, 644
.543
.086
11, 416
.542
.085
11 593
540
.085
9 536
. 541
.085
10, 588
.541
. 085
9,940
201 9
185 9
190 2
196 8
194 0
185 7
193 8
Fish:
Stocks cold storage, end of month
thous. of Ib
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons
United States:
Deliveries and supply (raw basis):
Production and receipts:
Production
short tons
Entries from off-shore, total 9
do
Hawaii and Puerto Rico ----do
Deliveries, total... _ _
do_
For domestic consumption.
do
For export and livestock feeddo_
Stocks, raw and refined, end of month
thous. of short tons
Exports
short tons
Imports:
Raw sugar, total 9
do
From Cuba
do
From Philippine Islands
do
Refined sugar, total
From Cuba
Prices (New York):
Raw wholesale
Refined:
Retail§
.
Wholesale (excl. excise tax)
Tea imports
-
do
do
Baking or frying fats (Incl. shortening):*
Production
mil. of Ib
Stocks (producers 'and warehouse), end of month
mil. of Ib
Salad or cooking oils:*
Production
_
do
Stocks (producers' and warehouse), end of month
mil. of Ib
Margarine:
Production
do
Stocks (producers' and warehouse), end of month
mil. of l b _ _
Price, wholesale (colored; delivered; eastern U.S.)
dol. per Ib—
617,143
612, 329
4,814
r
r
2 078
784
1 826
546
.368
127,489
. 365
126,589
222 396
223 188
237 971
2, 564
2,305
2,086
1, 661
29 414
393, 966
226, 355
61 750
296, 251
2 *)(! 283
127 933
202 533
141,012
650 761
145, 49S
134, 105
111 737
59, 432
976, 291 1,071,969
968, 753 1,061,206
10, 763
7,538
892, 447
882, 429
10, 018
842, 516
837, 525
4,991
704, 375
699, 680
4,695
'984
308
1, 365
291
193
343 856
196, 617
351, 845
25 227
41,832
45, 698
26, 792
3 750
23 635
6 375
23, 424
960
8,789
180
.066
064
066
064
065
. 541
.087
8, 584
565
.090
9 132
568
.090
9 132
571
.090
8 050
571
P. 090
7 845
206 8
151.8
218 1
189 4
205 1
1Q3 5
r
1, 175
425
r
o
r
o
.366
o
110.9
116.0
110.5
114.9
123.0
118.7
115. 9
126.2
109.1
108.3
111 8
117 9
105 2
124 4
130 1
129 4
147 8
154. 3
136 4
156 8
164 1
145.7
164 9
133 6
138 9
140 7
47.0
54.1
60.0
57.7
56.5
54.3
56.2
49.7
50.6
48.6
41 2
42 6
42 8
143.5
163 8
158. 5
143. 5
150.4
139 6
123 7
132. 6
120.1
135 2
134 6
150 3
148 4
30.4
34.0
36.7
38.1
38.7
39.1
32.8
39.9
35.2
33.5
33.7
32.9
31.4
.238
.238
.238
.238
.238
.238
.238
.238
.238
.238
!. 235
.235
P. 235
27.0
23. 4
25.4
18.2
28.2
21.5
29.7
23.6
2<). 1
23.2
24.5
23.0
28.8
26.3
27.0
24,6
24.5
21.7
30 0
28.2
27 6
22.6
28 0
27. 6
30 7
28.3
064
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats:A
Tallow, edible:
Production (quantities rendered)
mil. o f i b _
Consumption ( factory)! _
_ _ - _ do
Stock s (factory and warehouse), end of month
do—
Tallow and grease (except wool), inedible :J
Production (quantities rendered)
do
Consumption (factory) J
do
Stocks (factory and warehouse), end of month
do
Fish and marine mammal oilsrj
Production
do
Consumption (factory) O
do
Stocks (factory and warehouse), end of month©
mil. of lb._
Vegetable oils and related products:
Vegetable oils (total cru4e and refined):
Exports. .
do
Imports.
_
do
Coconut oil:
Production:
Crude
...
do
Refined©
do
Consumption in end products _ _
__ _ _ do
Stocks, crude and refined (factory and warehouse),
end of month.
mil. oflb—
Imports _
do
Corn oil:*
Production:
Crude
do
Refined©
...
do
Consumption in end products
_ do _ _ .
Stocks, crude and refined (factory and warehouse),
end of month. __ ...
mil. oflb—
r
19.2
23.2
27.2
28.5
27.4
24.1
23.1
22.5
23.0
23.8
27.0
24.7
24.8
253. 1
137.0
264.4
140 2
264. 3
148.2
252.9
141.2
258. 4
161.6
237.6
150 9
253.7
153 9
255.4
167 0
233.9
117 3
255 0
161 4
254 3
157 5
249 6
161 5
257 8
151 8
326.6
325.3
324.8
346. 1
333.8
323.1
291.9
282.5
301.1
310.7
342 7
339. 6
330 8
8.5
9.5
2.3
10 4
.3
6.3
.4
8.4
.2
9.2
2 1
7 2
14 2
80
35 1
9 0
40 0
82
36 8
10 6
29 5
9 1
r 2? 7
83
8 5
81
147.2
131.9
103.7
88.0
89.5
82.7
87.4
105.6
91.9
95.0
109.5
'96.0
86.7
117.2
42.1
87.3
44.3
109.8
33.4
144.9
33.1
106.5
44.5
164.3
52 1
165 4
39 0
229.3
57 0
122 5
42 6
241 6
37 0
59 4
52 5
71 2
47 6
138 3
44.3
29.4
47.7
34.7
28 4
49.2
33.6
27 1
46.9
30.3
30.3
47.4
39.6
33 6
53.6
43 6
35 1
52.8
43 7
38 8
57 9
39 0
35 9
55 9
44 7
27 5
35 7
47 9
36 8
54 7
35 9
32 6
49 5
45 8
36 3
53 1
44 8
35 4
48 0
67.0
20.6
61.4
9.7
62.1
10.6
51.2
6.2
55. 4
14.3
315.0
13.2
315.4
12 3
306.2
18.3
322.4
7 8
327 0
89
322 6
16 5
321 2
15 6
328 5
25 0
27.2
25.2
26 3
25.3
29.1
26 7
24.6
25.9
27 4
25.0
27.8
28 6
30.5
27.7
25 0
22 9
21.6
29 0
21 1
22 4
28 5
25 0
26.2
27 7
24 3
24 4
29 6
32 0
29 5
27 4
25 5
26 5
28 0
27 6
29 3
26 8
05 i
°9 2
2
r
31.9
28.6
30.0
27.3
27.0
32.7
39.1
38.7
42.6
37.7
38.7
33.4
37.9
Revised.
i> Preliminary.
1 Beginning September 1960, prices are based on a new specification and are not entirely comparable with those for earlier periods.
2 Beginning April 1960,
uata include Government Services Administration stocks and are not comparable with those for earlier periods.
cf Bags of 132.276 Ib.
tRevisions for January 1956-March 1959 for confectionery will be shown later; those for January-November 1958 for fats and oils appear in Census report,"Fats
and Oils, 1958" (Series M28-1-08).
9 Includes data not shown separately.
§Price for New York and northeastern New Jersey.
*New series; comparable data prior to December 1958 not available, except for corn oil which may be obtained from Census reports.
AFor data on lard see p. S-28.
^Consumption data exclude quantities used in refining.
0 Consumption figures exclude data for cod, cod-liver, and other liver oils, and stocks include only the quantities of these oils
held by producing firms. ©Production of refined oils covers once-refined oils (alkali refined).
r
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1959
1960
Novem- December
ber
January
February
March
April
May
June
July
August Septem- October Novem- December
ber
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED PRODUCTS— Con.
Vegetable oils and related products— Con.
Cottonseed :t
723.3
Consumption (crushings)
thous. of short tons_.
2, 609. 0
Stocks (at oil mills), end of month
do
Cottonseed cake and meal t
336.7
Production
do
113.1
Stocks (at oil mills), end of month.. ._ . _ _ d o - - . _
Cottonseed oil:
Production:
243. 1
Crudet
mil. of Ib
153.3
Refined cf
_ _ _ - _
___
do_
101.4
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) ,
389.4
end of month
mil of Ib
.143
Price wholesale (refined* drum?' N Y ) dol perlb
Flax seed:
Consumption (crush ings)
thous. of short tons
Stocks (at oil mills) end of month
do
Price, wholesale (No. 1; Minneapolis)., dol. per bu.
Linseed oil:
Production crude (raw)
mil. of Ib
Consumption in end products!
do
Stocks, crude and refined (factory and warehouse),
end of month
mil. of Ib
Price wholesale (Minneapolis)
dol per Ib
Soybeans:
Consumption (crushings)
thous. of short tons
Stocks (at oil mills) end of monthj
do
Soybean cake and meal:*t
Production
. . . mil. of Ib
Stocks (at oil mills) end of month
do
Soybean oil:
Production:
Crude
-do .
Refined c?
do
Consumption in end products!
do
Stocks, crude and refined (factory and warehouse),
end of month
__.
mil. oflb.
Price wholesale (refined; N Y )
dol perlb
TOBACCO
Leaf:
Production (crop estimate)
mil of Ib
Stocks, dealers' and manufacturers', end of quarter,
total
mil of Ib
Fxports including scrap and stems
thous. of Ib
Imports including scrap and stems
do
Manufactured products:
576. 6
1, 443. 7
528. 3
953.4
373. 7
596.0
252. 4
357.3
176.6
191 1
142.7
104.8
139.8
205.0
412. 9
701.9
760. 8
1,639 0
751.0
2, 393. 5
289.9
131.6
267. 5
149. 5
246.7
140.8
175. 8
188.9
116.9
204.5
83.0
202.8
70.0
189. 9
68.6
157.7
189 3
137.1
353.5
167.7
349. 5
198.8
220. 5
160.0
98.7
212.2
151. 1
96.8
196.9
150.9
100.6
181.3
159. 6
102.6
130.9
136.2
96.8
86.7
106. 6
103.7
62. 6
81.3
103.8
51.3
46.9
86.9
48.8
55.9
107.6
133. 3
71.5
91.8
258. 4
160.7
109.0
251.7
176.7
112.2
462. 8
.140
473. 9
.146
477.0
. 144
520. 3
.145
495. 7
.151
446.9
.156
357.6
.155
286.2
. 151
200.0
. 153
216.8
.145
322.6
r
. 148
391.7
p. 157
48.5
82.3
3.85
49.9
95.8
3.58
51.8
77.1
3.50
46.3
64.2
3.35
45.6
54.4
3.28
40.5
27.8
3.36
30.4
20.0
3.43
32.9
21.7
3.19
21.9
33.0
3.01
31.9
30.7
3.11
60. 5
70.0
2.98
63.2
108 0
2.88
53.6
99.7
2.76
34.8
23.8
35.6
23.3
37.2
25.0
32.9
26.7
32.5
27.7
29.5
30.1
21.7
34.0
23.8
35.0
15.8
32.4
21.7
34.7
43.0
31.3
45.0
31.7
38.6
25.8
142.8
.145
149.7
.143
163.8
.140
163.3
.139
161.2
.135
151.2
.131
123.9
.132
89.5
.132
74.6
.129
61.2
.132
71.0
.126
80.6
'. 124
92.9
p. 123
1,081.6
3,202. 8
1,013.7
3, 029. 0
1,016.8
2, 770. 0
919.9 1,039.8
2, 437. 5 1,922.6
992.8
1, 620. 2
995.9
1 , 405. 4
939.8
1,291.5
941.3
1,016.3
962.0
597.0
806.2
494.7
1, 066. 9
2, 974. 5
1, 102. 2
3, 671. 7
1,653.6
153.0
1, 553. 6
126. 6
1,549.8
190.4
1, 394. 6
188.0
1, 562. 2 1, 507. 6
247.8
171.8
1,513.6
269.8
1 , 443. 2
225.4
1, 441. 6
251. 0
1, 484. 0 1,239.6
158. 6
182.0
1,638.4
183.4
1, 703. 2
221. 4
392. 6
265. 4
253.0
369. 2
290.0
271. 6
370.5
287.9
274.8
335. 4
287.7
270.5
379.4
291.4
287.9
366.4
273.2
264.6
365. 9
280.9
275.2
348. 6
303.7
303.6
350.0
238. 5
245.5
358.5
306. 7
303.0
298.4
264.3
265. 4
390.7
271.8
275.3
401. 1
279. 5
263.5
422.7
.119
507.4
.117
551.3
.119
541.2
.115
585.8
.117
595. 9
.121
564.5
.125
422.6
.128
450.5
.131
311.8
.138
307.5
.129
366. 3
.133
446. 0
p. 144
14,360
12, 734
23, 437
13, 062
4,339
29, 574
14, 783
20, 560
11,325
37, 771
14, 919
4,477
82, 922
13, 335
81, 103
14, 341
656.1
2,441.2
632.7
1 , 945. 4
303.4
110.4
r
2
r 1 1,796
49, 748
12, 719
14, 175
5, 610
Chewing plug and twist
do
5,677
Smokinc
_
_ _
_
do .2,888
SnufF
do
Consumption (withdrawals) :
Cigarettes (small):
2, 853
Tax-free
millions
Tax-paid
. .
. do .. 36, 190
663,
329
Clears (large) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
14, 093
thous of Ib
1,567
Fxports cigarettes
mill^ons.
4,845
57, 518
10, 647
23, 072
14, 675
25, 452
12, 753
4,694
27, 754
13,115
13, 371
5, 481
5,015
2,875
13,764
5, 265
5,833
2,667
13 360
5, 070
5. 510
2,780
15,364
5,272
6,917
3,175
14, 257
5,237
6,389
2,631
15, 745
5,811
6,494
3,440
16, 178
6,103
6, 592
3, 483
11,790
4,994
4,881
1,914
15, 796
5,895
6,722
3,179
15,113
5, 399
6,874
2,840
14,910
5,319
6,709
2,882
3,062
34, 318
442,144
2,718
37, 630
472, 885
3,087
35, 181
486, 035
3,246
40, 260
531, 023
2,642
36, 929
502, 308
3,177
41, 355
623, 797
3,667
43, 643
571, 925
2,592
35, 667
503, 935
2, 954
44, 622
623, 983
3,221
40, 899
581, 540
3, 491
39, 836
577, 031
13, 293
1,663
13, 354
1,442
13,011
1,490
14, 935
1, 573
14, 054
1,434
15. 156
1,813
15, 543
1,805
11,906
1,622
15,887
1,449
14, 501
1,706
14, 543
1,939
1,989
84, 587
12, 340
LEATHER AND PRODUCTS
HIDES AND SKINS
Fxports:
ValuF- total 9
thous of dol
Calf and kip skins
thous. of skins
Cattle hides
thous of hides
Imports:
Value total 9
thous of dol
Sheep and lamb skins
thous of pieces
Goat and kid skins
do
Prices, wholesale (f.o.b. shipping point):
Calfskins
packer heavy, 9^/15 Ib
dol. perlb
c
Hide steer heavy native over 53 Ib
do
LEATHER
Production:
Calf and whole kip
thous. of skins
Cattle hide and side kip© thous of hides and kips
Goat and kid©
thous of skins
Sheep and lamb©
do
Fxports:
Glove and garment leather
thous of sq ft
Upper and lining leather
do
Prices, wholesale:
Sole bends light 1 o.b. tannery
dol per Ib
Upper, chrome calf, B and C grades, f.o.b. tannery
dol. ner so. ft.
r
1
6, 939
187
466
4,422
134
311
5,056
165
417
7 874
198
661
6,941
182
572
4,997
184
374
6,043
161
490
5,223
121
4S9
6 088
134
557
6,288
158
586
5, 042
142
514
6,962
248
646
8, 793
183
921
5,896
1,326
1,871
5,409
1 , 053
1,805
5,319
1,917
1,627
4,667
1,306
1,678
8, 905
5, 585
1,530
7,945
3,095
2,291
7,973
3,549
1,978
8,029
3,822
2,189
5 947
2,160
1,413
4,926
916
1,551
4,173
1,573
1,306
4,955
1,665
1,288
3, 856
1,088
1,278
.425
.130
.500
.148
.600
.138
.560
.133
.560
.143
.565
.143
.565
.148
.580
.133
.580
.143
.525
.148
.525
.138
* .550
.138
P. 550
p. 133
468
1,768
1,769
2,689
515
1,883
1,834
2,408
504
1,805
1,844
2,537
496
1,836
1,814
2,684
535
1,832
1,919
2,652
476
1,743
1,687
2,350
492
1,803
1,622
2,685
536
1,946
1,714
2,669
332
1,496
1,301
1,858
630
1,947
1,464
2,820
532
1,911
1,421
2,479
589
1,903
1,381
2,489
1,624
3,408
1,637
3, 175
1,636
3,082
1 889
2 687
2,033
4, 050
2,528
3,291
3,067
2,987
2,829
2,390
2 451
2,952
2 806
3,798
2 725
3,960
4,277
4,149
.800
.760
.747
.727
.713
.730
.720
.717
.700
.687
.683
1.197
1.215
1. 298
1.323
1.317
1.317
1.327
1.333
1.333
1.303
1.303
Revised.
*> Preliminary.
Revised estimate of 1959 crop.
2 December 1 estimate of 1960 crop.
cfProduction of refined oils covers only once-refined oils (.alkali refined).
JFor 1958 revisions, see Census report, "Fats and Oils, 1958" (Series M28-1-08).
*New series; data prior to August 1958 are available from reports of the compiling agency (Bureau of the Census).
9 Includes data for items not shown separately.
©Revisions for January-March 1959 (also for 1958 for sheep and lamb) will be shown later.
2.82
.680
' 1.313
3,898
4,168
P. 663
p 1. 313
1, 960
SURVEY OF CURRENT BUSINESS
J.-uni.-ii-y 10G1
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-31
1959
1960
Novem- December
ber
January
February
March
April
June
May
July
DecemAugust Septem- October November
ber
ber
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:^
Production total
thous. of pairs..
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs
By kinds:
Men's
do
Youths' and boys'
do
Women's
do
Misses' and children's
do
Infants' and babies'
do
Slippers for house wear
do
Athletic
... _
do
Other footwear
do.
Export^
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side upper,
Goodvear welt
1947-49= 100
Women's oxfords, elk side upper, Goodvear welt
1947-49=100
""Women's pumps low-medium Quality
do
46, 490
48, 790
53, 100
53, 403
57, 861
48, 756
48, 595
49,902
43, 413
58, 108
48, 776
47, 452
45. 666
37, 445
42, 768
48, 393
48, 150
51,408
42, 820
42, 320
42, 934
37, 841
49, 260
40, 603
38, 532
36, 955
7,992
1,774
19,568
5,222
2,889
8,720
2,089
22, 376
6, 309
3,274
9, 042
2,287
26, 735
6, 983
3, 346
8, 596
2. 195
26, 949
6. 921
3, 489
9, 796
2,278
28, 733
6, 921
3, 680
8, 660
1,918
24, 069
5, 226
2,947
8,914
2,010
22, 799
5, 602
2, 995
9,039
2, 112
23, 172
5,733
2,878
6,977
2,145
21,135
5, 440
2,144
9, 437
2,408
26, 902
7,303
3,210
8,521
2,026
21,069
6, 055
2,932
8,433
1,907
19, 666
5, 547
2.979
7,952
1,683
18,870
5,407
3,043
7, 907
583
555
268
4, 869
592
561
186
4,019
473
215
191
4, 452
504
297
185
5, 461
602
390
252
5,300
542
294
235
5, 355
589
331
174
5,802
649
517
147
4,832
368
372
155
7,809
518
521
245
7,189
506
478
217
7,916
540
464
241
7,706
528
477
210
137.4
137.4
137.4
137.4
137.
4
135.7
133.
5
133.5
133. 5
133.5
133.
5
133.5
p 133. 5
146. 7
133. 7
146.7
133.7
146. 7
133.7
146.7
133.7
146.7
133.7
146.7
133 7
146.7
133.7
146.7
133. 7
1 46. 7
133. 7
146.7
133 7
146.7
133 7
146.7
K33 7
" 146. 7
p 133 7
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association:
Production total
mil. bd. ft
Hardwoods
do
Softwoods
do _
Shipments, total
do. _.
Hardwoods
_
do. __
Softwoods
_-_ do
2,892
593
2,299
2,639
564
2,075
2,947
560
2,387
2,804
538
2. 266
2,681
554
2,127
2, 634
587
2,047
2, 924
568
2, 356
2, 798
637
2, 161
3, 096
532
2, 564
2, 959
619
2, 340
3,048
597
2,451
3, 055
623
2,432
3.197
617
2, 580
3,187
613
2, 574
3,194
631
2, 563
3,097
581
2, 516
2,693
611
2,082
2, 605
536
2, 069
3,175
601
2,574
3.035
560
2,475
2. 973
577
2.396
2,867
536
2, 331
2, 801
623
2,178
2,684
562
2,122
2, 545
575
1,970
2,447
528
1,919
9,465
3,822
5, 643
9, 610
3,844
5,766
9, 657
3,810
5, 847
9, 800
3,741
6,059
9,937
3,654
6, 283
9,944
3,628
6,316
9, 954
3, 632
6. 322
10, 050
3,682
6,368
9,902
3,757
6 145
10, 036
3,798
6, 238
10, 142
3,840
6, 302
10, 254
3,901
6 353
10 370
3,949
6 421
68, 081
M bd. ft
_ _. do_ _. 312, 434
76, 662
271, 351
64, 823
214,418
60, 041
305,515
71, 578
325. 926
89, 174
305, 900
83, 843
408, 205
83, 094
419, 089
68 899
367, 1 36
63, 912
370, 988
74, 185
345, 196
69, 322
331 , 708
61 855
630
571
680
613
971
833
703
715
701
985
566
666
650
603
1,034
687
704
724
649
1,126
661
656
793
710
1,209
663
633
709
686
1,245
662
531
717
764
1,197
675
488
669
718
1,148
601
519
532
571
1,109
685
491
719
712
1,111
615
447
657
660
1,108
583
434
599
596
1, 105
586
444
575
575
1,122
26, 449
Exports, total sawmill products. .
M bd. ft
14, 194
Sawed timber
do
12, 255
Boards, planks, scantlings, etc . .._
do_
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
82. 325
dol. per M bd. ft
Flooring, C arid better, F. G., I" x 4", R. L.
132. 463
dol. per M bd. ft
Southern pine:
510
Orders, new
mil. bd. ft
194
Orders, unfilled, e n d o f month... _ _ _ _ _ _ _ do.
606
Production
do
546
Shipments .._ _ ...
._. do_ _
Stocks (gross), mill and concentration yards, end of
1, 719
month
_
_ ._ -_.
_mil. bd. ft
7,092
Exports, total sawmill products
M bd. ft
1,315
Sawed5 timber
do. _.
5,777
Board ', planks, scantlings, etc
do
Prices, wholesale, (indexes) :J
Boards, No. 2 and better, 1" x 6", R. L.
120.2
1947-49-100
Flooring, B and better, F. G., 1" x 4", S. L.
95.2
1947-49=100
Western pine:
587
Orders, new
mil bd ft
308
Orders, unfilled, end of month ._
do
688
Production
do
616
Shipments
do
Stocks (gross), mill, end of month
do.
2, 056
Price, wholesale, Ponderosa, boards, No. 3, 1" x 12",
75. 660
R. L. (6' and over)§
dol. per M bd. ft
36, 436
22, 000
14, 436
32, 176
18,252
13, 924
25, 615
14, 827
10, 788
31, 722
17, 271
14,451
36, 531
19, 628
16, 903
43, 673
28, 005
15, 668
37, 889
18, 376
19, 513
31,587
18 773
12,814
24, 576
11 847
12, 729
33, 460
13 709
19, 751
29, 135
12 880
16, 255
25, 912
11 778
14 134
80 057
Stocks (°ross) mill end of month total
Hardwoods
Softwoods
Fi \ports total sawmill products
Imports, total sawmill products _
_ _
SOFTWOODS
Douglas fir:
Orders new
Orders unfilled end of month
Production
Shipments
Stocks (gross), mill, end of month
__
_
do
do. _
do
mil bd ft
do
do
do
_ do.
82. 601
83. 456
131. 598
131.688
514
179
616
529
541
200
570
520
1,806
8,412
1, 925
6, 487
83. 536
r 79 046 p 78 137
83. 193
82. 503
80 405
80. 757
80.235
084
1132.563
131.717
130.919
131 186
129819
129 734
502
182
576
520
587
201
630
568
639
216
641
624
634
221
666
629
642
208
699
655
542
203
574
547
601
198
603
606
587
174
608
611
577
167
606
584
533
162
.584
538
1,856
7,649
1,247
6,402
1,912
7, 231
1,557
5,674
1,974
6, 420
1,620
4,800
1,991
10, 069
1,678
8,391
2,028
8, 055
2,777
5,278
2,072
9,123
2,136
6,987
2,099
11,003
3,643
7 360
2, 096
8,545
2,810
5,735
2, 093
6,426
1,273
5, 153
2, 115
7,042
2, 375
4 667
2,161
6 136
903
5 233
119.8
119.6
118.2
117 2
117 5
116 3
114 8
113 2
111 4
110 3
108 9
P 107 2
95.5
95.5
95.4
95.4
95.4
95. 1
94.9
94.1
93 9
93 6
93 6
*93 4
861
423
742
745
2, 053
613
404
579
628
2,004
651
376
699
670
2, 033
718
391
758
702
2, 089
740
367
758
765
2,082
819
370
841
815
2,108
735
339
829
767
2,170
703
378
691
664
1,960
771
364
871
785
2,046
709
348
782
726
2, 102
644
322
684
670
2, 116
545
308
563
560
2 119
75.500
76. 060
78. 420
79. 680
79. 720
79. 990
78. 620
75. 950
72.280
69. 650
P 69. 587
2, 500
10, 800
2,850
2, 900
9, 700
3, 225
10, 975
3,375
2,825
10, 125
3, 575
11,500
2, 950
2, 800
10, 375
2, 675
11,550
2, 825
2 675
10, 575
3, 625
11,800
3, 350
2 900
10, 900
3, 150
12, 350
2,925
2 725
11, 125
3, 300
12 325
3,000
3 300
11 050
4,075
12, 050
3,200
4,250
10,000
3,925
12 550
2 175
3 000
9 275
3,650
12 050
3,350
4 100
8,525
2,550
11,200
3, 225
3 400
8,300
2,500
10 200
3 000
3 050
8 250
2,950
10 475
3 125
2 700
8 650
65, 439
36, 062
77, 529
69,615
77, 945
69, 145
37 057
77, 792
70 392
85, 345
81, 169
47, 384
73, 631
71, 925
85, 683
72, 509
48 651
72, 509
69 294
87 675
71,514
48 276
78, 715
71 889
94, 501
69, 689
47 370
74, 689
73 007
96, 183
64, 087
38 935
77 6559
72 52
101 316
72, 107
34, 901
76, 499
79 498
98, 317
64
35
64
63
96
81
38
78
78
93
72, 246
34 858
76 248
75 726
92 397
65
32
74
70
94
59
29
69
65
99
133.
084
83 193
133.
69. 670
r
!28 679 "128 628
r
H A R D W O O D FLOORING AND PLYWOOD
Flooring:
Maple, beech, and birch:
Orders, new._
M bd. ft_
Orders, unfilled, end of month
do
Production
do.
Shipments
do
Stocks (gross), mill, end of month.. _ _ _ do_
OakOrders, new
do. _
Orders, unfilled, end of month
do
Production _ _ _
.
do.
Shipments
do
Stocks (gross), mill, end of month.. . _ do. _
Plywood (except container and packaging), qtrly. total:
Shipments (market)
M SQ. ft., surface measure
029
952
001
796
267
136
170
298
917
902
882
517
340
894
590
585
014
970
148
172
240,802
2o5 260
217 327
209 884
1
Revised.
p Preliminary.
1 Not entirely comparable-with data prior to month noted.
1 Revisions for 1958-September 1959 for production will be shown later.
^Effective with
the July 1960 SURVEY, price indexes replace actual prices; data for January 1947-April 1960 will 3e shown later. § Not comparable with data through 1958 which cover a different specification.
r
SURVEY OF CURRENT BUSINESS
S-32
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
Janrmrv
I960
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excluding advanced manufactures and ferroalloys) :
Exports tota\t9
thous. of short tons
Steel mHl products* .
__
do
Scrap!
- do_
Imports total f 9
do
Steel mill products*
do
Scrap
do
575
69
499
659
461
41
726
130
579
650
539
15
530
158
356
512
465
10
5, 450
2,921
2, 529
5,373
9,928
7,953
4.457
3,496
7,864
10,011
7,411
4,465
2,946
7,871
9,540
4, 383
6, 976
3, 813
5, 036
5,178
3. 035
636
168
459
507
471
11
764
203
551
505
464
12
758
235
514
391
331
16
992
320
662
318
272
10
1,013
382
623
301
213
14
832
331
492
238
177
15
1,195
328
861
247
184
10
907
228
655
295
207
12
953
231
683
265
180
8
1,009
234
733
236
199
8
7,259
6,270
3, 825
2, 445
6,279
9,270
5,847
3,523
2,324
5,642
9,475
5,181
3,181
1,999
4,994
9,661
4, 150
2,555
1,595
4,120
9,700
4,650
2,852
1,798
4,724
9,629
4,536
2,736
1,800
4,646
9,514
4,896
2,829
2 066
4,901
9,513
p 4. 370
9, 545
7,173
4,366
2,808
7,437
9, 278
4,041
1, 926
2,370
4,017
1,779
2,516
4,502
1,922
2,217
7,440
6,873
2,334
11, 873
13, 349
3,717
11, 645
12, 816
4, 221
10, 343
12, 523
3,746
10, 934
10, 876
4,299
8,789
9,252
3,070
6,423
7,426
2,593
11,604 10, 943
7,091 11,539
372
126
75, 607 i 73, 040
8, 736 1 8, 524
57, 537
56, 941
9, 334
7, 575
4, 660
11.856
70
66, 816
10,839
49, 257
6,720
4,431
11, 337
34
61, 470
13, 073
42, 483
5,914
4,299
11,788
100
55, 777
15,320
34, 994
5, 463
8,084
10, 433
169
53, 235
15, 891
32, 645
4,699
15, 926
9,740
557
57, 673
14,418
38, 830
4, 425
16, 293
8,060
824
65, 016
13, 249
47, 097
4,670
15, 705
7,014
788
72, 297
11,079
55, 787
5,431
13,894
6,729
1,162
80. 050
11,148
62, 953
5, 949
11,049
6,356
849
84, 816
10, 687
67, 645
6, 484
9,906
6,694
466
86, 252
8, 579
70, 857
6,816
100
109
73
115
111
87
66
154
103
116
112
85
4,199
4,479
7,573
7,734
7, 754
7,857
7,342
7,392
7,714
7, 694
6, 760
6, 556
6,331
6,123
5, 261
5,255
4, 480
4,405
4,470
4,616
4,108
4,274
r 4, 500
3, 051
3,269
3,537
3,644
3,758
3,696
3,617
3, 659
P3.711
65.95
66. 00
66.50
65. 95
66.00
66.50
65. 95
66.00
66.50
65. 95
66. 00
66. 50
65. 95
66.00
66.50
65. 95
66.00
66.50
65.95
66.00
66.50
P 66. 00
p 66. 50
Iron and Steel Scrap
Production and receipts, total
thous. of short tons..
Home scrap produced
do
Purchased scrap received (net)
do
Consumption total
do
Stocks consumers', end of month
do
4,221
3,037
7,256
P 2, 644
p 1 726
P4.413
p 9. 473
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. of long tons
Shipments from mines
_
_ _
do_
Imports J
do
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
Consumption at iron and steel plants
Exports
_
Stocks total end of month
At mines
At furnace yards
At U S docks
- -
do
do
do
do
do
do
do
Manganese (manganese content), general imports I
thous. of long tons..
5, 867
6, 362
126
70, 362
6, 743
Pig Iron and Iron Manufactures
Pig iron:
Production (excl. blast furnace prod, of ferroalloys)
thous. of short tons__
Consumption
do
Stocks (consumers' and suppliers'), end of month
thous. of short tons__
Prices:
Composite
dol. per long ton
Pasic (furnace)
do
Foundry No 2 Northern
do
Castings, gray iron: 0
Orders, unfilled, for sale, end of month
thous. of short tons. _
Shipments, total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of month
thous. of short tons__
Shipments, total
do
For sale
do
4,473
r
3, 052
2,979
2,966
2,973
65.95
66. 00
66.50
65. 95
66. 00
66.50
65. 95
66. 00
66. 50
65.95
66. 00
66.50
65.95
66.00
66.50
886
830
515
847
1,107
584
854
1,136
592
857
1,108
571
882
1,143
600
836
1,051
581
782
1,053
589
720
1, 050
602
755
803
451
713
859
540
695
900
527
647
905
500
83
58
42
94
80
46
100
83
46
98
83
47
85
86
50
79
71
39
73
69
38
64
73
43
74
50
29
70
59
37
69
63
36
57
64
35
7,268
60
105.6
11, 989
96
168.5
12, 049
96
169.4
11,127
94
167.2
11, 565
92
162.6
9,778
80
142.0
8,830
70
124.1
7,405
61
107.6
6,351
50
89.3
6. 838
54
96.1
6,458
53
93.8
6, 868
54
96.5
109
86
133
104
123
94
129
98
144
110
127
97
127
97
137
107
90
67
102
77
104
80
103
80
405.2
87.3
63.3
420.1
114.4
85.3
420.1
122.6
93.6
398.3
356.2
137.9
107.8
325. 0
116.7
89.7
312.5
110.3
85.1
295.2
110.1
82.0
295.3
79.3
57.9
299.0
88.3
63.0
301.7
94.0
68.8
'•97.4
4,138
p 4 . 116
65.95
65. 95
Steel, Crude and Semimanufactures
Steel ingots and steel for castings:
Production
thous. of short tons
Percent of capacity c?1
Index
1947-49=100__
Steel castings:
Shipments, total _ _
thous. of short tons
For sale, total
do
Steel forgings (for sale) :
Orders, unfilled, end of month
do
Shipments, total _
do
Drop and upset
_
do
Prices:
Composite, finished steel (carbon)
dol. per lb._
Steel billets, rerolling, carbon, f.o.b. mill
dol. per short ton__
Structural shapes (carbon), f.o.b. mill
dol. per Ib
Steel scrap, No. 1 heavy melting:
Composite (5 markets) §
dol. per long ton
Pittsburgh district
do
129.8
100.1
277.1
'72.9
r
6, 172
50
'89. 7
264.4
92.0
66. 6
. 0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
. 0698
95.00
.0617
95.00
.0617
95.00
95.00
.0617
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
P 95. 00
P . 0617
44.47
46.00
41.23
42.00
41.41
43.00
40.04
43.00
34.16
36.00
33.88
35.00
32.97
33.50
31.12
31.00
31.28
30.50
32.20
30.50
31. 87
30.50
r 29. 52
P 28. 33
P 27. 00
2,653
1,459
2,193
2,280
1,796
1,808
1,616
1,424
1,871
1,700
1,798
1,714
1,715
1,893
1,702
1,986
1,681
1,762
1,619
1,892
1,607
1,847
1,378
1,715
298
170
258
1, 356
18, 526
317
177
274
1,374
21,640
301
181
251
1,435
21, 904
288
171
237
1,470
22, 381
330
184
273
1,696
24, 302
363
209
300
1,496
23, 542
408
232
345
1,597
29, 926
424
230
363
1,619
32, 199
453
275
399
1,368
25, 174
601
409
535
1,693
24, 952
553
390
484
1,561
23,609
417
272
358
r
1, 495
20, 486
.0617
28.50
P 5, 836
M6
"82.0
. 0698
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale):
Orders, unfilled, end of month
thousands
Shipments _-_
_ _
do
Cans, metal, shipments (in terms of steel consumed),
total for sale and own use___thous. of short tons__
Food©
- -- - do
Shipments for sale
do
Closures (for glass containers), production
millions_.
Crowns, production
thousand gross
1,412
15, 419
Steel products, net shipments:
4,842
6,272
8,430
7,583
7,966
8,211
4,711
6,742
Total (all grades)...
thous. of short tons. _
5,921
4,944
5. 072
4,983
4,516
253
414
219
416
174
351
374
239
Semifinished products
do
'184
188
180
176
183
315
619
457
562
570
321
574
517
Structural shapes (heavy), steel piling . _ do
324
348
447
397
367
434
529
776
354
754
755
624
484
727
370
373
Plates
do
405
388
47
120
170
91
153
139
148
133
149
Rails and accessories
_ _ _ _
do
51
76
58
50
r
!
Revised.
p Preliminary.
Reflects inventory adjustment,
t Revised (beginning in the February 1960 SURVEY) to include certain m etal mamifactures c lassifled t>y the ind ustry as s teel mill p roducts b at former] y omitted from the total sho wn here;
see note marked "*".
9 Includes data not shown separately.
*New series (from Bureau of the Census). Data beginning January 1959 revised (in the Ajml 1960 S URVEY) tO include e xports of secondary tinplate. Revision s for 1958 for total and steel
mill products exports and imports are shown in the March 1960 SURVEY (bo ttom p. S -32).
C) Re visions for Janu ary 1958- October 1<)59 are av ailable upon reques t.
t Scattered revisions for 1957-58 are available upon request,
d" For 1960, percent of capacity is calculated on annual capacity as of Ja nuary 1, 1960, of 148 ,570,970 t()ns of stet>.l; for 195?),, as of Ja]luary 1,, : 959 (147,6
, ,33,670 ton s)..
§ Represents the weighted average of consumers' buying prices (including brokerage), delivered, at following markets: Pittsburgh district, Chicago, Philadelphia, Birmingham, and
San Francisco.
©Excludes shipments of food cans of the pressure-packing type; such types are included in total shipments.
January 10G1
SURVEY OF CURRENT BUSINESS
1959
Unless otherwise stated, statistics through 1058 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-33
1960
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Stoel products, net shipments — Continued
Bars and tool steel, total
thous. of short tons._
Bars: Hot rolled (incl. light shapes)
do_ ..
Reinforcing
do
Cold
finished
do
Pipe and tubinsj
do
Wire a n d wire products
. _
_ _ d o _
Tin mill products
do
Sheets and strip (incl. electrical), total _ _ .do __
Sheets: Hot rolled
do
Cold rolled
__do
Fabricated structural steel:
Orders, new (net)
_ _ thous. of short tons__
Shipments
do
Backlog, end of month
- do _.
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary, domestic. thous. of short tons..
Estimated recovery from scrap A --- -- - .do...
Imports (general):
Metal and alloys, crude
do
Plates sheets, etc t
do
Stocks, primary (at reduction plants), end of month
thous. of short tons__
Price, primary ingot, 99.5%-f-O
dol. per lb_.
Aluminum shipments:
Mill products and pig and ingot (net)t
mil. of lb__
Mill products total
do
Plate and sheet
_
do
Casting.
do
Copper:
Production:
Mine, recoverable copper
thous. of short tons__
Refinery, primary
do
912
1,447
1,214
883
145
176
698
275
635
3,291
942
1,608
993
679
162
143
610
247
559
2, 806
796
1,379
861
541
192
120
586
246
567
2, 654
722
1,357
221
209
2,116
289
241
2,189
2,304
343
277
345
287
2,401
163.0
36.0
164.0
41.0
156.8
40.0
170.7
43.0
15.8
4.4
26.4
4.7
12.0
3.4
10.6
3.5
132.8
111.6
.2736
127.5
.2810
480.1
372.5
759
502
163
86
510
233
349
1,943
575
924
1,283
901
213
160
859
381
553
3, 275
956
1,599
2,068
260
181
366
236
2,195
153. 7
33.0
.2680
370.7
247.5
127.8
54.7
25.3
30.2
12 2
17.9
14.4
267.9
1, 245
879
185
172
914
372
588
3,332
995
1,592
143. 1
65.2
250. 0
131.3
68.2
29.5
45. 4
17.3
i 28. 2
1
16.9
47.9
78.9
45.5
33.5
22.8
1
1,157
842
140
166
765
306
528
579
1,319
623
362
183
74
515
195
581
1,856
440
977
772
453
223
91
559
243
555
1,964
506
994
768
465
208
88
543
244
425
2 075
585
1 026
806
487
229
84
483
224
363
2,039
581
1,004
730
464
176
85
432
204
308
1 845
500
906
270
285
268
333
2,219
270
301
2,237
2,203
262
332
2,114
260
324
2 058
220
314
2 028
240
289
2 016
168. 6
36.0
175. 9
33.0
171.4
31.0
177.6
29.0
173.0
33.0
162.9
31.0
167.0
32.0
1619
16.8
3.4
7.6
3.4
11.1
2.9
15.2
3.3
12.9
2.0
14.4
2.6
10.5
2.7
16. 1
3.2
117.1
.2810
115.0
. 2810
139. 1
. 2810
148. 6
. 2810
170.0
.2810
203. 6
.2810
211.7
225. 9
. 2600
248.4
. 2600
426.4
366. 4
398.4
272.3
411.2
256. 0
135. 8
71.7
433.1
267.1
144.1
72.2
355.5
370. 3
246. 9
128.9
63.7
75.2
85.9
64.3
21.6
25.8
96.3
132.4
105. 2
27.2
19.9
97.5
144.9
109.0
35. 9
22.2
98.0
128.2
93.4
34.8
25.6
3,049
247.4
133.6
61.8
803
479
210
106
576
215
654
2,422
2
. 2600
147.3
60.3
150.4
60.1
253.1
143. 0
45.7
140.3
58.8
358. 9
253. 3
134.0
62.1
98.8
140.9
107.9
33.0
21.8
95.2
142.7
108.1
34.5
24.8
86.3
124. 7
88.3
36. 4
23.4
90.9
135.6
97.3
38.3
23.0
97.5
139. 4
101.0
38.4
24.6
278.3
423.1
262.0
957 i
. 2600
2
. 2600
131 9
99.6
39 3
From foreign ores
do
Secondary, recovered as refined
do
20 5
Imports (general):
52.8
48.3
68.8
34.7
55.2
44.0
36.3
63.7
47.5
80.7
52.6
29.8
Refined, unrefined, scrap©J
do
26 6
6.6
7.7
40.2
34.1
18.0
10.1
43.7
9.0
22.6
7.2
7.5
6.8
Refined
_ __
do
71
Exports:
4.8
34.7
60.5
10.5
17.0
78.4
46.2
54.7
29.4
64.2
64.5
57.8
Refined, scrap, brass and bronze ingots .__ do
47 2
5.1
21.2
11.3
37.2
42.9
2.3
19.0
45. 0
58.7
31.3
38.8
50.8
Refined
do
30 5
125.8 "113.3 v 108. 2
« .-102. 7 ' 107. 6 '111.0 ' 122. 2 ' 139. 4 ' 114.6 r 116. 4 '121.2
120.8
71.7
Consumption, refined (by mills, etc.). . .. ..-do
187.6 * 206. 4 P 9j9 5
121.1
127.3
155.4
129.3
119.4
198.0
174.1
196.8
122.5
157.1
Stocks, refined, end of month, total
do
112.8
81.4
p99. 9 P 100 q
80.3
81.5
75.8
110.2
103.5
99.2
117.2
76.3
100.7
Fabricators'
_
_do
.3260
.3406
.3261
.3372
. 3260
.3365
.3298
.3260
.3260
. 3060 .2960
.3260
.3260
.2960
Price, bars, electrolytic (N Y.)
dol per Ib
Copper-base mill and foundry products, shipments
(quarterly) :
514
493
446
482
Brass mill products
mil of Ib
387
386
364
393
Copper wire mill products©
do
243
196
225
235
Brass ind bronze foundry products
do
Lead :
Production:
25.5
16.0
23.1
18.1
22.1
19.4
* 18.1
20.3
21.4
22.4
20.5
18.5
Mine, recoverable lead
thous. of short tons__
18 1
37.2
38.1
33.5
36.7
37.9
38.5
37.8
41.0
37.7
41.0
41.0
41.3
Seeondary, estimated recoverable© t-do _
30.1
33.4
22.8
33.7
28.2
24.2
26.9
34.9
35.7
35.0
26.5
24.9
Imports (general), ore©, metalj
do
84.9
91.1
87.5
76.8
83.4
86.2
87.3
85.1
90.9
86.0
86.9
Consumption, total.
do
90.8
Stocks, end of month:
Producers', ore, base bullion, and in process©
101.3
143.8
144. 5
156. 0
119.1
150.9
109.9
139.9
140.5
125.5
135.0
133.0
(ABMS)
thous. of short tons..
146 9
Refiners' (primary), refined and antimonial©
118.2
119.4
128.1
134.1
107.5
116.5
139.5
117.0
115.5
136.5
136.7
121.3
thous. of short tons__
123.1
125.8
130. 2
120.1
126.6
127.3
118.1
120.5
126.7
128.4
110. 5
128.2
Consumers 'd"
do
42.8
49.9
43.6
42.4
39.8
50.7
42.7
41.8
44.0
41.0
45.6
38.1
Scrap (lead-base, purchased), all consumers. _do
.1200
.1200
. 1200
.1200
.1200
.1200
.1200
.1200
.1200
.1200
. 1252
.1138
Price, pig, desilverized (N.Y.)
dol. perlb.. .1300
.1200
Tin:
Imports (for consumption) :
2,452
1, 267
1,801
766
430
138
526
861
1, 160
1,555
1,001
929
OrefBf
long toiis..
4, 175
2,149
3,575
2,938
3,166
3, 410
3,620
3,155
3, 780
3,262
2,872
3,860
Bars, pigs, etc
_do
1,710
1, 805
1,800
2, 215
2, 115
1,500
1,990
2,030
1,830
2,020
1,960
Estimated recovery from scrap, total© _
do
240
210
230
290
240
275
255
210
245
270
As metal
__ __
do
280
7,410
5, 600
5,645
7,400
6,520
6, 995
6, 030
6,985
7,280
7, 875
7, 705
7,685
Consumption, pig, total
do
4,960
3,235
5, 310
4, 655
4, 635
3,290
4,470
4,570
4,760
5, 220
3, 760
5,190
Primary
_ _ _
__
do
159
122
19
2
39
19
194
28
103
173
58
92
Exports, incl. reexports (metal)
do
29
28, 170
24, 050
26, 945
21, 930
20, 650
20, 370
22, 445
22, 910
22, 145
26, 765
23, 355
20, 775
Stocks, pig (industrial), end of month
_
do
1.
0096
.9954
.9924
1.
0223
.
9985
1.
0097
1.0009
1.
0285
1.
0328
.9913
1.0131
1.
0349
Price, pig, Straits (N.Y.), prompt
dol perlb
1.0282 1.0114
Zinc:
Mine production, recoverable zinc
r
38.0
42.9
37.3
40.7
39.1
33.4
40.9
30.3
28. 2
36.0
36.9
39.5
27.9
thous. of short tons..
Imports (general):
30.4
49.2
43.3
39.2
37.8
35.7
35.6
32.7
30.3
36.0
40.6
45.0
Ores and concentrates ©t
do
7.9
Metal (slab, blocks)
do
9.5
7.5
11.0
6.8
15.5
3.7
8.1
9.0
12.1
17.3
10.7
Consumption (recoverable zinc content) :
7.8
6.0
7.9
6.2
7.3
Ores©..
do
7.7
8.1
7.2
8.2
4.8
6.6
5.3
r
19.1
21.1
18.2
20.6
19.3
20.8
19.6
Scrap, all types.. . _
do
17.7
18.7
15.0
21.0
16.1
Slab zinc:
Production (primary smelter), from domestic and
59.4
59.5
66.7
69.5
56.1
71.0
58.7
foreign ores
thous. of short tons_.
74.7
82.3
79.3
72.8
70.0
3.0
2.9
3.9
4.3
3.8
3.7
4.4
3.9
Secondary (redistilled) production, total
do
3.8
4.5
3.9
3.7
71.2
67.8
87.4
89.3
67.0
88.1
55. 2
Consumption, fabricators', total ._
_ do
71.1
86. 5
70.5
73.9
68.5
2.8
2.4
7.6
5.9
4.8
Exports*
__
do
5.6
7.1
4.2
4.7
9.1
2.3
1.8
7.8
Stocks, end of month:
176. 2
154. 4
144.5
137.1
207.1
200.6
136.6
147.9
192.5
Producers', smelter (AZI)
do
165.0
187.7
190.3
182.1
190.8
74 9
95.0
100.3
98.4
100.2
67.5
97 3
85 8
72.3
68.3
96 9
66.3
Consumers'
do
.1288
.1300
.1300
. 1300
. 1300
. 1300 . 1300 .1366
.1300
.1300
Price, prime Western (St. Louis)
dol. perlb__ .1250
. 1250
.1300
.1248
r
2
Revised.
P Preliminary.
* Part of August 1959 production is included in Decemberl959 data.
See note marked "0".
©Basic metal content.
A Effective with the
February 1960 SURVEY, data include estimates for nonreporting companies and are expressed in metallic content (including alloying constituents); aluminum content is about 93 percent of
metallic content.
0 Effective August 1960, price refers to aluminum formerly called "processed pig" and now sold as "unalloyed ingot"; January-July 1960 price comparable with August 1960, $.2600.
§Data for 1958 have been adjusted to industry totals based on the expanded survey of producers introduced in January 1959; revisions for 1958 are shown in the January 1960 SUE VET.
f Re vised effective with the February 1960 SURVEY to include monthly estimate of lead recovered from nonreportinc secondary smelters and lead recovered from copper-base scrap; revisions
for 1958 are shown in the February 1960 SURVEY.
cf Consumers' and secondary smelters' stocks of lead in refinery shapes and in copper-base scrap.
J
Scattered
revisions for 1957-58 are available upon request.
° Revisions for July-October 1959 (units as above); 87.9; 116.7: 128.8; 119.2.
1
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
January ll>fU
1959
1960
Novem- December
ber
January
February
March
April
June
May
Jnly
August SeptemOctober
ber
Novem- December
ber
METALS AND MANUFACTURES—Continued
HEATING EQUIPMENT, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
Shipments
mil of sq ft of radiation
Stocks end of month
do_ _ _
Oil burners:A
Shipments
- -- thousands. .
Stocks end of month
do
Stoves and ranges, domestic cooking, incl. built-ins:Acf
Shipments total
thousands
Coal and wood
do__ _
Ois (incl bungalow ind combination)^
do
Stoves domestic heating shipments totalAt
Coal and wood
Gasf
Kerosene gasoline and fuel oil
do
do
do
do
Warm-air furnaces (forced-air and gravity air-flow),
shipments total At
thousands. _
Gas
do
Oil
do
Solid fuel
__do
1.9
2.9
1.3
3.1
1.2
3.5
1.4
3.7
1.5
4.2
12
4.6
1.2
4.9
1.5
5.0
1.3
4.3
18
3.8
2. 1
3.4
1.9
2.8
47.6
37.2
32.6
40.1
36.8
43.1
39.?,
48.0
35.4
55. 2
34.6
61.6
36.6
69.1
46.9
65.8
34.9
66.4
46.6
58.2
64.6
49.4
64.4
46.9
181.8
0)
168. 6
i 13. 2
3.0
156.9
3.3
133 5
3.1
158 6
2.9
171 9
164 9
3.0
156 4
5.5
152 6
3.6
144 6
4.4
174 4
3.4
166 8
4.2
3.3
105 9
3.6
162 8
4.4
178 7
4.7
226.8
31. 1
162.9
32.8
89.7
13.1
63. 5
13.1
72 0
5.4
41.5
25.1
78 2
45.1
25.4
113.0
13.7
70.8
28.6
110.5
16.3
61.3
32.8
116.5
21.0
69.8
25.8
186. 7
24.4
116.0
46.3
208.6
25.0
142.9
40.7
253.6
36.7
167.4
49.5
246.7
44.6
150.5
51.6
258.0
45.1
167.5
45.4
121.6
90 7
26.0
3.2
190.3
87.9
68.3
16.4
2.1
183.3
78.3
61 7
15.2
1.3
202.1
79.9
63 2
15.3
1.4
201 6
82.8
66 7
14.7
1.4
230.8
86.8
70 2
15.6
1.0
203 2
88.5
70 5
16.7
1.3
192 7
107.4
86 6
18.9
1.9
237. 9
99.2
78 1
18.7
2.4
240.7
132.0
101 9
26.5
3.6
262.1
147.5
109 4
33.7
4.4
212.5
140.4
104.8
31.6
4.0
179.5
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Tin it -heater group new orders
do
Foundry equipment (new), new orders, net
monthly iverage shipments 1947-49=100
T'urnaces industrial new orders net'
Fuel-fired (except for hot rolling steel)
do
35. 8
24.1
36 5
20.1
42.8
20.3
35 0
21.7
131. 2
95. 9
95.5
128 6
159. 9
97 9
159. 0
164.8
80.0
92.4
158. 1
81.7
106.5
1.4
4.1
1.6
5.2
1.4
2.2
2.0
2.2
1. 1
5.6
1.8
6.9
1.3
3.1
1.1
1.0
1.5
1.2
1. 1
4.4
1.2
1.7
1.2
3.5
.8
2.1
532
432
564
481
512
484
468
496
507
523
499
502
347
370
465
508
394
506
1,569
Industrial trucks (electric), shipments:
TTand (motorized)
number
Rider-type
do_ _
Industrial trucks and" tractors (gasoline-powered),
shipments
number.
561
443
548
408
533
426
2,462
2, 624
1,773
2,091
2,722
2,118
1, 968
2,087
1, 523
1, 624
1,867
Machine tools (metal-cutting and metal-forming):
New orders (net) total
mil. of dol
Domestic
- - -do_ _
Shipments total
do
Domestic
_do_
Estimated backlog (metal-cutting only)
months
54. 25
44.10
46.60
41.10
5.2
58. 30
48.15
63. 85
55. 35
4.8
56. 45
45. 05
46.40
40. 65
5.0
GO. 60
46. 50
51.95
44. 65
4.5
61.95
47. 60
64. 50
54. 95
4.8
51.85
40.30
55. 10
45. 05
4.5
49. 95
32.40
56. 35
44. 75
4.3
55.10
35.75
63. 10
51. 00
4.0
42. 95
28. 35
51. 30
41.40
3.9
56.85
42.50
47.90
37.70
4.1
52. 30
31.85
53.95
40.25
4.3
Other machinery and equipment, quarterly shipments:
Construction machinery (selected types), total 1 9
mil of dol
( LIU i , i ac IL yjJiK,
^_
_
_
Tractor shovel loaders, integral units only (wheel
Farm machines and' equipment (selected types),
Tractors, wheel (excl. garden and contractors' offPumps (steam, power, centrifugal, and rotary), new
orders
mil of dol
2 270. 4
87 3
16 3
212.1
62 0
14 4
r
r
r
r
223 .4
59 7
15 7
308.1
80.0
23 9
49.3
54.4
66.2
58.8
146.5
227.3
234.4
167. 1
118.7
119.6
74.5
52.0
56. 20
42. 65
51.35
35.
40
r
4.3
p 49. 65
p 35. 10
v 48. 05
p 32. 45
p4. 4
3 18 6
3
35. 8
5. 5
6.6
7.0
7.6
7.3
6.8
6.7
8.3
6.8
2,799
2, 467
1,865
1,641
1,877
1, 545
1,650
2.072
2,131
2,550
2, 708
144.0
93.5
147. 5
113.0
113.5
117.0
143.2
143.3
156.4
148.6
127 0
145. 7
117.6
127.5
126.2
122.3
102.1
96.8
122.4
64.8
142.8
89.5
290.1
293.8
312.8
264.2
1, 346. 1 * 1,553.3
560.8 4 593. 2
258.3
254.6
1,355.8
526.5
294.5
283.6
1,442.4
503.5
339. 9
305.6
1,667.
6
4
549. 5
278.4
235. 8
1,230.3
422.6
265. 6
243.9
1,277.0
442.2
245. 8
277.0
1,551.5
4
518.9
228.0
217.7
890.4
268.9
280.6
296.5
1,048.4
462.3
87.6
91.0
85.0
131
26, 815
142
28, 410
28, 707
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
Household electrical appliances:
Ranges (incl. built-ins), domestic and export sales
Refrigerators and home free?ers output* 1957 — 100
Vacuum cleaners (standard type), sales billed
th ou san d s
Washers, sales billed (domestic and export)O_.do
Radio sets, production§
__
_ do
Television sets (incl combination), prod. 5
do _
Electronic tubes and semiconductors, factory sales
mil of dol
Insulating materials and related products:
Insulating materials, sales billed, index
1947 49 ~ 100
Steel conduit (rigid) shipments
thous of ft
Motors and generators, quarterly:
New orders index
1947 49 — 100
Polyphase induction motors, 1-200 hp:
New orders gross
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:
New orders gross
thous of dol
Billings
do
4
4
82.3
84.0
80.6
81.5
91.8
77.4
78.0
88.0
72.9
141
13,016
154
39, 063
146
42, 211
149
32, 463
168
20, 505
140
18, 808
134
23, 976
152
27,717
101
24, 562
5
4
301.9
352.7
1,945. 1
* 678. 9
r
2, 834
2, 632
127.9
91.5
117.5
90.3
290.1
280.6
305.8
275. 3
1,727.6 r 1, 468. 8 P47l5~3b~3~
r 429. 8 ^413.4
500.0
169
180
176
41,938
40,015
43,151
41 921
44, 981
44 988
39, 958
40, 489
3 12 321
7,124
7,069
8,111
6,975
6,768
7, 655
6, 648
5. 956
3.1.836
23, 620
September
SURVEY OF CURRENT BUSINESS
January 1961
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-35
I960
1959
Novem- December
ber
January
February
March
April
May
June
July
August
Septem- October November
ber
December
<• 1, 626
327
176
1. 724
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
Exports
Prices:
Retail stove composite
1, 965
42Q
153
1,634
378
101
1 579
366
105
1,680
294
90
1,231
?83
110
1,262
333
60
1.437
317
154
1,140
290
85
1.637
336
137
1,518
339
149
27 74
14 651
27 82
14 651
28 18
14 651
28 18
14 651
28.18
14 651
28 18
13 433
27.16
13 188
27.16
13 188
27.28
13 608
27.33
13 608
27.34
H 098
35,997
40, 554
36, 110
34, 670
38,860
34, 740
35,990
33, 325
25. 250
36, 470
34. 440
r
35, 240
32, 720
32, 133
14.084
236
14 426
6,212
36, 974
15, 223
266
17 719
8,707
38, 155
15, 865
263
17 962
8 891
36, 518
15 016
248
17 °66
8 598
39, 156
16, 099
251
18 532
9, 107
30, 853
13, 105
185
15 747
8,181
29, 707
13, 155
145
14 941
7,603
27, 983
13, 211
111
13, 424
6, 529
26, 587
13, 373
99
11 878
5,720
28, 824
14. 698
107
12 282
5,672
27, 453
13, 658
112
11 590
5,169
«• 30, 159
14,304
192
r
12, 929
T
5, 576
30, 550
14. 654
175
12,901
5,031
3 267
3 731
4 063
3 986
4 269
1 729
1 323
1,098
1 119
1, 616
1,978
2,609
2,729
do
74, 653
50, 561
233
22 738
10, 128
76,202
50,107
225
24 840
11,495
73, 426
48 038
225
24 331
12 099
70 640
46 084
209
23 722
11 242
66, 955
43, 345
195
22 964
11, 148
68, 153
44, 356
176
23 136
11,324
71, 364
46, 575
168
24 053
11, 916
73,928
48, 275
178
24, 770
12, 391
70, 235
47, 517
158
21 823
10, 343
72, 662
49. 334
162
22,380
10, 742
74, 458
50, 813
163
22, 679
10, 918
<• 76, 206
52,215
164
r 23, 006
••11,083
76, 726
52, 435
180
23, 279
11.200
do
1,121
1,030
832
625
451
485
568
705
737
786
803
821
832
3,743
3,308
3,888
3.448
3,763
2.882
do
dol per short ton
Bituminous:
Production
thous of short tons
Industrial consumption and retail deliveries, total 9
thous. of short tons- Electric power utilities
do
Railroads (class I)
do
Coke plants (oven and beehive)
do
Stocks, industrial and retail dealers', end of month,
total
thous of short tons
Electric power utilities
do
Railroads (class I)
_
_ ___
do
Oven-coke plants
Retail dealers
Exports
Prices:
Retail composite
Wholesale:
!.c
H i
l
do
dol per short ton
f
h
f
e__uo
i
1,612
319
154
445
213
thous of short tons
COKE
Production:
Beehive
thous of short tons
Oven (byproduct)
do
Petroleum coke§
do
Stocks, end of month:
Oven-coke plants, totalj _
do
At furnace plantsj
do
At merchant plants
do
Petroleum coke
do
Exports
do
Price, oven foundry coke (merchant plants), f.o.b.
Birmingham Ala
dol. per short ton
1,863
27. 55
27. 64
H 098 p 14 098
2,481
2,858
2,050
2 126
2,147
3,364
3,456
17.12
17.14
17. 19
17 20
17.21
17.21
16.71
16.69
16.78
16.87
17.08
17.21
17.24
5 166
7 300
5 161
7 406
5 156
7 463
5 156
7.619
5 149
7.769
5. 149
7.769
p 5 149
p 7. 868
5 192
7 944
5 193
7 953
5 193
7 953
5 193
7 953
5 182
7 953
5 166
7.331
66
4,284
672
92
6,071
762
110
6,187
768
127
5 912
706
134
6,243
799
102
5, 654
809
79
5, 271
829
60
4,543
1,042
50
3, 975
1,132
74
3,923
1,250
58
3,592
1,166
52
3, 879
1, 153
51
3,487
5, 158
3, 398
1,760
1, 114
35
4,672
2,987
1, 686
1,141
42
4,038
2,528
1,510
1,163
38
3,879
2 544
1 335
1 166
34
3,673
2,504
1,169
1,191
35
3,752
2,610
1,142
1,196
20
3,783
2,674
1,109
1,178
24
3,892
2,811
1,081
1, 167
37
4,076
2,964
1,112
1.199
37
4.271
3.122
1, 150
1,202
32
4, 452
3, 280
1,172
1. 208
31
' 4, 629
3,437
r
1, 192
1,194
16
4. 698
3, 486
1,212
1,194
35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
30. 35
2,377
2.97
239 517
84
2, 430
2.97
252 442
86
2,132
2.97
256 659
' 86
1,464
2 97
233 880
84
1,795
2 97
245 423
82
1,502
2.97
238, 809
82
1,733
2.97
246, 847
82
2,075
2.97
243 773
84
1.813
2.97
257 522
86
2,108
2.97
255 748
85
1. 734
2.97
242 999
84
1,875
2.97
245 157
81
p 2 97
291, 946
313, 088
312, 721
296 669
310,214
297, 789
291, 377
291, 045
291, 271
296, 027
290, 536
297, 866
209, 449
27, 618
222, 969
29, 156
224, 140
29, 258
220, 977
29, 979
211, 132
28, 166
212,296
27, 799
208, 161
26, 671
212, 645
27, 884
215, 145
28, 621
209, 119
28, 092
215, 687
29,732
29, 421
28, 610
31, 879
29, 292
29 730
25, 458
29, 084
30, 713
29 966
29 377
-9, 386 -28, 486 -18, 105 — 10 591 —34 532
33, 877
24, 614
14,611
30, 571
20, 711
16, 307
32, 730
23, 483
2,854
31, 191
19, 551
14, 219
32,768
19,493
8,543
32, 691
20, 634
14, 347
31, 458
20, 989
14, 380
31,885
30. 35
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed t
number
Price at wells (Oklahoma-K^ansas)
dol per bbl
Runs to stillst
thous of bbl
Refinery operating ratio
percent of capacity
A l l oils, supply, demand, and stocks:d*
Now supply totalt
thous of bbl
Production:
Crude petroleum^
do
Natural-gas liquids benzol (blended) etc t do
Imports:
Crude petroleum
do
Refined products^
do
Change in stocks all oils (decrease — )
do
Demand, totalj
Exports:
Crude petroleum
Refined productst
Domestic demand, total 9 1 Gasoline^ . . .
Kerosene J A
Distillate fuel oilt
Residual fuel oilt
Jet fueltA
Lubricants!. __
AsphaltJ - _ _ _ _ _ _ _
Liquefied gasesj
___
Stocks, end of month, total
Crude petroleum
_
Natural-gas liquids.
__
Refined products
_
301, 332
341, 574
330, 826
307 260
344, 746
283, 178
275, 070
288, 191
277, 052
287, 484
276, 189
283, 486
do
_ _. do
do
do
do
do _
. d o
132
5,453
295, 747
116, 056
11,723
05, 895
50, 155
258
7,238
334, 078
123, 578
15, 545
80, 976
58, 623
264
5,734
324, 828
111,311
14, 753
86,200
61, 581
299
5, 505
301 456
108, 871
13 915
73, 050
55, 804
260
6,302
338, 184
120, 497
15, 958
87, 137
60, 701
270
6,477
276, 431
129,094
7,668
45, 385
45, 840
127
6,421
268, 522
129, 952
6,176
40, 450
40, 246
436
7, 155
280, 600
138, 909
6,665
39, 755
39, 332
248
5,742
271. 062
135, 838
8,067
34, 919
36, 834
89
234
5,938
5,393
281, 457 270, 562
138, 3 7 1 128, 530
8,433
8,864
37,137 39, 683
36, 240
37, 343
352
5,641
277, 493
126, 242
10, 905
45, 160
40, 849
do
do
do
__.do
8,767
3, 255
6, 225
21, 106
10, 064
3,333
4,419
23, 703
8, 973
3,284
3,066
23, 072
8 584
3, 352
3,218
21, 532
8,903
3, 646
3,769
23, 364
7,887
3,604
6,673
15, 899
8,752
3,898
9,478
14, 601
9, 255
3,699
13,411
14,687
8.732
3,791
13, 848
14, 899
8,254
3, 692
15,581
17,946
8,723
3,483
13, 727
15,275
8 269
3,479
11,099
17,992
836, 528
255, 953
29, 135
551, 440
808, 042
257, 129
24, 887
526, 026
790, 885
252, 206
22, 406
516, 253
780, 274
257, 028
20, 793
502, 453
745, 742
260, 923
18, 916
465, 903
760, 353
266, 178
22,215
471,960
776, 660
261, 312
26, 400
488, 948
779, 514
257, 301
29,380
492, 833
793, 733
242, 745
32, 467
518, 521
802, 276
234 091
33, 224
534, 961
816, 623
231, 966
35, 639
549, 018
831,003
232 990
36, 122
561, 891
do
_
_ _
209, 986
27 576
__
__
_ _ _ _ _
do
do
do
do
Refined petroleum products:
Gasoline (incl. aviation) :
122, 843 129, 835 130,339 120 307 126 866 123, 449 125, 226 126, 905 133, 485 132 884 127 564 126 561
Production!
do
1,115
1,436
1,307
1,107
Exports! _ _ _
_ _
do
1,537
1,793
1,607
916
1 160
914
1,284
1 130
Stocks, end of month:
169, 701 175, 319 193, 575 205, 379 209, 854 202, 610 198, 081 185, 655 182, 193 177 795 177, 667 177 660
Finished gasoline
- _
- d o
13, 828
12, 797
11,315
11,796
12, 428
11,978
Unfinished gasoline
_ _ _ _ _ do
12,527
12, 407
12, 837
13, 490
12, 014
11,760
Prices (excl. aviation):
.115
.120
.103
Wholesale, refinery (Okla., group 3) dol. per gal
.100
.105
.105
. 113
115
.105
125
. 125
.125
p 125
Retail (regular grade, excl. taxes)t service stations,
.218
.207
.212
.211
.207
.218
.216
.202
.202
55 cities (1st of following mo.)
dol. per gal__
.203
.210
,208
.213
.215
r
Revised.
» Preliminary.
9 Includes data not shown separately.
§Includes nonmarketable catalyst coke.
^Revisions for 1958 will be shown later as follows: Oil wells completed (August and September); domestic demand—jet fuel (February-September); lubricants (January-August); for
allother indicated items (January-September). Revisions for February-May 1959. respectively, for coke stocks follow (units above): Total—3,736; 3,647; 3,512; 3,273; furnace plants—2,302;
2,218; 2,131; 1,954.
cfData for Alaska and Hawaii are included as part of domestic supply and demand beginning with January 1959 and January 1960, respectively: appropriate amounts for those States
are reflected in data for all series affected. Data beginning 1960 for jet fuel and kerosene are not comparable with" earlier data because jet'fuel for use "in commercial aircraft is now classified
with kerosene;
Tosene; formerly, this product was reported primarily as "jet."
ASee last sentence of note "cf."
SURVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
January 1061
1939
1960
Novem- December
ber
January
February
March
April
May
June
July
August
SeptemNovem- Decem
October
ber
ber
ber
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued c?
Aviation gasoline:
9.509
Production
__
__thous. of bbl__
954
Exports?
do
12, 203
Stocks, end of month
_do
Kerosene :§
9,992
Production
do
30, 701
Stocks end of month
do
Price, wholesale, bulk lots (N.Y. Harbor)
.098
dol. per gal__
Distillate fuel oil:
55, 044
Production
thous. of bbl
822
Imports?
do_ __
849
Exports?
- -do
171,114
Stocks end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
.093
dol. per gal__
Residual fuel oil:
29, 147
Production
thous. of bbl
21, 050
Imports?
_
do
1,339
Exports!
do
Stocks, end of month
_ _ _ d o _ __ 58, 587
1.50
Price, wholesale (Okla., No. 6 fuel).. -dol. per bbl_
Jet fuel:§
8,186
Production
thous. of bbl
8,435
Stocks, end of month
. __
do
Lubricants:
4,718
Production
.
do
908
Exports?
do
8,792
Stocks end of month
_ _ _
__do
Price, wholesale, bright stock (mid continent, f.o.b.
.240
Tulsa)
_ - dol. per gal__
Asphalt:
6,626
Production
*
thous. of bbl
10, 224
Stocks end of month
doLiquefied petroleum gases:
5, 573
Production
- do
15, 470
Transfers from gasoline plants?
do
Stocks (at plants, terminals, underground, and at
refineries), end of month
thous. of bbL. 25,190
Asphalt and tar products, shipments:
Asphalt roofing, total
thous. of squares. _
Roll roofing and cap sheet
do
Shingles all types
do _
Asphalt siding
Insulated siding
Asphalt board products
Saturated felts
do
- - -_do
thous. of sq. ft__
short tons..
10, 407
1,030
11,923
10, 401
555
13, 401
9,761
582
14,025
9,780
863
14, 319
9,145
1 229
14, 274
9, 521
1,084
13, 848
9, ei8
953
13, 943
9, 374
888
12. 826
10,017
977
12, 608
9, 666
915
12, 105
9,453
914
12. 233
11,943
20, 817
13, 547
26, 510
10, 408
23. 020
11, 353
18, 440
9, 745
20, 547
9, 853
24, 217
9, 759
27, 354
11,164
30. 499
11,397
33, 379
10 776
35, 408
11 993
36, 547
.103
.113
.113
.105
.105
.105
.102
.102
.102
.102
.105
60, 110* 59, 874
1,610
1, 789
789
1,195
151, 030 125, 924
51, 877
1,095
981
105, 015
55, 690
1, 229
998
73, 948
52, 300
1, 520
779
81,755
53, 841
1,342
1,176
95. 461
53, 338
1,148
1,163
109, 174
56, 773
796
916
131, 044
58, 081
773
751
152, 158
54, 928
1, 005
484
168, 235
56, 262
897
580
180, 071
*> .101
.098
.103
.103
.095
.095
.095
.092
.092
.092
.095
* .091
31, 200
22, 938
1,409
53, 201
1.60
32, 452
26, 366
1,728
49, 306
1.60
28, 938
24, 649
1, 685
45, 775
1.60
31, 065
25, 790
1,767
40, 503
1.50
26, 410
19, 567
1,688
39, 285
1.50
26, 072
15, 590
1,484
39, 628
1.50
25, 297
17, 098
1,967
41,074
1.80
26, 265
13, 955
875
43, 848
1.80
26, 125
14, 966
1,888
47, 177
1.80
25, 779
15, 523
1, 357
50, 136
1.80
25, 755
15, 976
1,283
50, 003
1.80
M.80
8,909
8,741
7,250
6,846
7,314
7,041
7,272
6. 386
7, 437
6,556
7,338
6,810
7, 894
6, 753
7,528
6,892
7, 796
7, 343
6,961
6,431
6,898
6,034
4, 968
1,477
8,950
4,895
1,196
9,365
4,614
1,040
9, 588
5, 027
1,333
9,637
5, 052
1,422
9, 665
4, 953
1.318
9, 404
4,921
1, 559
9,068
5,232
1,478
9,032
4,689
1,088
8,942
4,944
1,258
9,149
4,907
1,386
9,194
. 260
.092
.250
.250
.250
.250
.250
. 260
.260
.260
.260
.260
4,822
10, 948
4,546
12, 838
4,363
14, 120
4,769
15, 266
7, 719
16, 830
9,449
17, 037
11,042
15, 760
11, 776
14, 259
12,114
11, 284
11, 147
9,110
9,741
8, 141
6,019
17, 681
6,260
16, 573
6,277
15, 271
6, 990
16, 377
6,591
9,631
6, 307
8,571
6,604
8,409
6,747
8,701
6,716
11, 601
6,229
9,345
5,997
12, 129
20, 785
17, 721
15, 861
13. 793
17, 382
21, 594
24, 836
28,633
29, 683
32, 036
32, 578
3,752
1,429
2,323
2,866
1,009
1,857
2,632
995
1,637
3,322
1,224
2,098
3,746
1,417
2,329
4,017
1,403
2,614
5,268
1,743
3,525
5,981
2,006
3,974
6, 002
2,079
3,923
6,738
2,567
4,171
6,770
2,690
4,080
5, 951
2,299
3,652
4,537
1, 688
2,848
76
93
946
66, 612
51
59
813
61, 577
52
46
776
55, 940
63
56
1,046
71, 809
56
72
764
74, 876
48
89
1, 548
68, 471
62
106
1,386
81, 091
72
132
2,080
89,640
78
112
1,739
92, 696
84
142
1,690
99, 991
96
125
1,947
94, 942
101
117
1,828
87, 553
84
82
727
79, 368
3,738
3,588
5, 967
3, 249
3,358
5, 855
*.260
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of month
Waste paper:
Consumption
Stocks, end of month
thous. of cords (128 cu. ft)__
do
do
3,209
3,268
4,905
3.388
3,034
5,173
3,577
3,395
5,348
3,404
3,267
5,482
3, 432
3,498
5, 406
3,199
3,335
5,285
3,183
3,469
4,954
3,442
3, 445
5,083
3,282
3,124
5,185
3,791
3, 545
5,449
3,624
3,311
5, 795
thous. of short tons__
do
745.8
552.3
705.5
617.0
738.9
574.4
755. 6
555. 5
778.5
552.5
753.1
556.8
770.4
540. 0
781.8
538.8
651.2
543. 8
783.1
541.7
759.4
537.7
770.1
544.0
718.9
547.9
tons__ 1, 989. 8
92.6
do
1, 132. 5
do
201.5
do
1,891.8
84.2
1,044. 5
203.1
2, 109. 7
91.9
1, 199. 5
234.2
2, 034. 4
85.6
1,172.0
210.6
2, 175. 9
95.3
1, 255. 9
218.2
2, 098. 8
88.5
1, 195. 9
231. 8
2, 165. 5
108.0
1, 267. 9
213.4
2,157.0
96.3
1,266.2
211. 5
1,915.1
76.0
1,119.9
191.4
2, 196. 1 2, 053. 7
102.7
81.5
l r 276. 7 1, 182. 8
208.1
206.5
2, 228. 2
97.5
1, 298. 2
226.7
2, 073. 6
90.9
1 194 3
229.6
260.1
96.9
206.1
263.0
92.3
204.7
277.3
97.7
209.1
260.0
97.1
209.1
278. 6
105. 5
222.3
268.3
102.8
211.5
262. 2
103.8
210.3
276. 3
101. 0
205.7
245.4
92.7
189.8
274.9
108.6
225.1
261.1
110. 0
211.7
283.9
113. 5
208. 4
265.5
100.0
193.3
874.8
270.0
526. 3
78.4
850.7
235. 3
536.7
78.7
861.9
267.6
523. 3
71.0
863. 5
284.4
505. 0
74.1
851.0
270.8
504.0
76.2
879.9
283. 0
520. 2
76.7
912. 5
305.2
526.3
81.1
922. 5
301.8
535. 6
85.0
898.9
300.4
522.3
76.2
927. 3
312.1
543. 3
71.9
« 910. 7
301.3
« 538. 2
71.2
937. 6
322. 6
545. 9
69. 1
958.0
342.7
545.8
69.5
97.6
33.2
64.4
WOOD PULP
Production:
Total, all grades .
thous. of short
Dissolving and special alpha
Sulfate
Sulfite
- _ _
Oroundwood
do_
Defibrated or exploded
do
Soda, semichem., screenings, damaged, etc..do
Stocks, end of month:
Total all mills
do
Pulp mills _._
do
Paper and board mills
do
Nonpaper mills
do
r
r
r
Exports all grades total?
Dissolving and special alpha
All other
_ _
_ _ . _
do
do
..do
45.3
16.8
28.5
80.7
33.4
47.3
68.5
29.3
39.3
69.7
20.6
49.1
112.5
44.9
67.6
85.7
38.7
47.0
102.0
38.8
63.2
111.2
35. 0
76. 1
102.7
33.9
68.8
99.5
32.0
67.4
107.1
36.3
70.8
90.2
30.7
59. 5
Imports, all grades, total?. _ _ .
Dissolving and special alpha
All other
_ _ _ _ _
do
do
_ _ do
232.8
16.6
216.2
203.8
18.3
185.5
173.2
11.2
162.0
302.4
14.5
287.9
207.0
20.9
180. 1
184.9
14.3
170.6
193.2
18.2
175.0
211.0
15. 9
195. 1
177.8
12.0
165. 8
230. 1
15.4
214,7
198. 5
13.9
184.7
198.1
14.4
183. 7
PAPER AND PAPER PRODUCTS
All paper and board mills, production:
3,027
2, 630
2,901
2,936
'2,802
2, 835
2,896
2, 946
2, 567
Paper and board, total
thous. of short tons
2.959
2,820 r 2, 988
2,781
T
1,209
1,320
1,370
1,127
Paper. _ _
___
_ _ _ _ _ d o _ __ ' 1,226
1,277
1, 327
1,291
1, 28S
1,330
1,216
1, 340
1, 251
1, 315
1,375
1,177
1,317
1,354
1,293
1,295
1,332
1,174
Paperboard
do
1, 305
1,368
' 1, 346 1 208
'11
14
11
10
14
Wet-machine board.
do_ _
10
12
13
13
14
12
13
12
~
233
269
271
250
253
253
256
Construction paper and board
do
262
277
291
287
290
251
r
Revised.
* Preliminary.
« Corrected.
cfSee similar note, p. S-35.
?Revisions for 1958 will be shown later as follows: Aviation gasoline exf >orts, dist Hate fuel oil impor s, residua 1 fuel oil im ports, t ransfers fr om gasol ine plant s (Januar y-Septein jer); distillate fuel oil exports (January-May and September); residual fuel oil exp(>rts (May and Juni ) ; lubricn nts expor s (Januar y-August ) ; wood p ulp—exports (June imd Augu st), import s (February and November).
§See last sentence of note "cf " for p. S-35.
SURVEY OF CURRENT BUSINESS
January 1961
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-37
1960
January
February
April
March
July
June
May
DecemAugust SeptemOctober November
ber
ber
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Continued
Paper, except building paper, newsprint, and paperboard (American Paper and Pulp Association):
Orders new 9
thous of short tons
Orders, unfilled, end of month 9
do
Production _ _ _ _ _
do
Shipments 9
do
Stocks end of month 9
do
Fine paper:
Orders, new
do
Orders, unfilled, end of month
do
Production _
do
Shipments
do
Stocks, end of month _
do
Printing paper:
Orders, new
do
Orders unfilled, end of month
do
Production __
._ _ do
Shipments
do
Stocks, e n d o f month _ _ _ _ _
do
Price, wholesale, book paper, "A" grade, English
finish, white, f.o.b. mill
dol. per 100 Ib
Coarse paper:
Orders, new
_ _ thous. of short tons
Orders unfilled, end of month
do
Production
do
Shipments
do
Stocks, end of month
do
Newsprint :
Canada (incl. Newfoundland):
Production
do
Shipments from mills
do
Stocks at mills, end of month
do
United States:
Production
do
Shipments from mills
do
Stocks at mills, end of month
do_
Consumption by publishersd"1
do
Stocks at and in transit to publishers, end of
month cf
thous of short tons
Imports
do
Price, rolls, contract, delivered to principal ports
dol. per short ton
Paper board (National Paper board Association) :J
Orders, new _
thous. of 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, shipments, index of physical
volume
1947-49—100
859.8 •• 893. 8
708.7 * 655. 1
975.7 '1,r 112. 7
806.2 r 934. 1
624 3
629 8
r
r
897.0
608.0
862.6
664.4
1, 068. 2
905.6
581.4
845. 1
621.8
1.044.6
860.9
591 6
954 0
713.1
1, 146. 5
941.4
598 5
954 3
698 5
1, 122. 4
925 2
612 0
1,050.0
734.6
1, 202. 1
999. 5
621 8
995 2
747.5
1,164.1
967.2
628 9
950. 6
703.6
1,161.6
977.5
630 8
941.4
700.2
1, 123. 9
954.7
631 6
130. 5
71.9
140. 5
132.7
143. 9
133.9
69.7
138.4
132. 1
150. 8
151.1
76.5
151.3
148.6
148.5
152.1
81 4
148.6
149 3
151.2
159.7
81.3
160.9
152.9
155.8
152. 5
86.2
155. 0
157. 4
160.7
145.7
83. 8
152.4
145.3
164. 1
148.8
86.2
150.3
151.1
165.9
122.0
79.4
127.1
125. 9
149. 4
* r144.0
82. 2
T
148.0
r
149.3
r
156.2
r
129. 6
r
68.7
'r 140.8
138 0
' 147.1
141.0
73 0
142.0
144 0
153.0
367.1
385. 3
380.8
380. 8
257.5
378. 5
360. 8
381. 2
382. 8
256. 0
397.0
428. 9
401.0
394.8
262. 3
402.6
404 3
389.9
385 9
266.2
451.1
425.9
423.6
418.3
271.5
407.9
410. 5
403.0
401. 8
272.7
390.9
385.6
403.0
401.6
274.1
423.1
410.5
395.7
397.0
272.9
392.4
418. 5
343.2
344.7
271.3
r
r
r
T
r
r
r
r
r
392 0
r
867. 0
647. 7
1,060.0
r
884. 2
r
620 9
384. 5
384. 2
400. 9
399. 8
272. 5
882. 0
883.0
549 0
423.0
379. 1
391.3
382. 1
384 7
404.0
404 0
270. 0
>• 269. 9
16.45
16. 45
16.62
16.62
16.62
16.78
16.95
16.95
16. 95
16.95
16.95
16. 95
306.1
162.4
314. 3
330.4
106.1
274.1
146. 7
294.0
287.7
108.8
338.7
162.6
334.5
330.6
113.0
336.6
166. 0
337.1
329.8
119.4
371.2
182.4
358.6
359.9
122.0
374.1
203.9
348.3
347.9
119.8
351. 9
187.2
363.5
369. 6
115.0
308.1
157.9
339.1
345.9
119.3
292.7
161. 7
284. 6
282.2
119.4
310.4
143.8
329. 1
325.9
120.2
304. 7
T
147 6
f
306.
4
r
305 3
M25.3
333. 0
143 0
336. 0
335 0
126. 0
563.3
594. 5
166.9
538. 5
551. 8
153.6
527. 4
493.8
187.3
533.6
494.8
226.0
575. 0
517.9
283.2
547.1
589.0
241.3
563.1
569.5
234.9
566. 3
593. 2
208.0
555. 9
561 . 5
202.4
570.2
551. 8
220.8
570 6
589. 9
201.4
204.6
169.0
169.9
18.3
167. 2
167.3
18.1
179.4
167.0
30.5
157.1
1 55. 6
32.0
172. 3
166 0
38.4
168.7
173 5
33.6
173.3
171.5
35.4
171.2
174.3
32.3
157.2
155 9
33.6
179 9
171 5
42.0
161 6
167 9
35.7
184 5
183 3
36.9
487.5
459.1
431.6
416.4
469.9
476.9
510.4
461. 9
419.7
420 4
454.4
516 7
496 7
644.7
658.8
651.8
670.1
646.1
651.1
593.2
605.3
623.7
646.0
654.4
615 1
626 0
r
r
"16.95
604.2
644.8
591. 4
588. 2
488.8
513.4
370.9
427.6
456. 7
432.2
480.6
476.1
411 1
486.3
429.2
474 8
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
1, 293. 5
438.8
1, 334. 9
94
1, 269. 1
424.8
1, 288. 6
80
1,266.3
462.2
1, 234. 1
92
1,324.1
441.1
1, 339. 2
95
1, 436. 1 1, 330. 1
467. 1
321.3
1, 434. 4 1,341.2
93
92
1, 368. 2
480.5
1, 355. 8
92
1,351.5
450. 2
1, 366. 6
93
1, 191. 1
457.8
1, 159. 6
77
1,402.5
418 4
1,426.0
93
1,306.8
429.1
1, 314. 2
1, 384. 9
418 2
1,392 5
87
93
8,447
8,635
8,455
8,604
9,544
8,946
9,041
9,195
8,239
9 864
123.1
130.2
113.7
121.8
136.4
120.0
125.8
130.2
105.1
129 2
* 1, 586
3 1, 372
2214
1,185
955
230
3560
3471
389
2 1, 354
2 1,116
2238
984
805
179
1,264
989
275
2 1, 797
2 1,2 481
316
1,241
1,006
235
1,385
992
393
21,187
2
976
2 211
42, 576
76 605
31, 639
35, 229
76 389
og 555
37, 258
82 385
39* 597
9 651
163.9
174 3
177 0
34.2
pl34. 40
1, 267. 7
409 4
1,302.5
86
9 448
8 737
132 3
p 118 0
936
768
168
21,705
2
1,181
36, 770
82 227
31 853
37,033
76 116
26 908
r
r
133 7
1 177 7
371 7
1 206 8
76
8 135
PRINTING
Book publication, total
New books
_
New editions
num ber of editions. _
_ do _
do
955
226
1 385
2
320
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons.- 42, 039
Stocks, end of month
_ _ _ _
do
78, 503
Imports, including latex and guayule _ _ _ _ do _
48, 844
Price, wholesale, smoked sheets (New York)
.475
dol. per lb__
Synthetic rubber :
Production
long tons__ 124, 825
84, 014
Consumption
do
Stocks, end of month
do
202, 057
24, 432
Exports
do
Reclaimed rubber:
Production
_
Consumption
Stocks, end of month
do
do
do
_
42, 950
79, 405
47, 443
46, 354
76, 156
34, 795
46, 022
75 320
40, 949
47, 205
81, 599
38, 581
42, 032
83, 451
36, 343
41, 263
82 693
32, 018
.404
.415
.403
.405
.404
.455
125,779
89, 188
210, 996
32, 590
130, 742
95 133
221, 622
29 283
126, 334
93 203
221, 183
29 814
131, 933
97 727
223, 738
34, 488
120, 895
90 252
221,511
37, 018
126, 804
91 993
227, 332
31 114
22, 585
21, 447
28, 526
23, 783
23, 218
29, 628
26, 442
26 540
29, 031
26, 965
25 944
28, 653
29, 100
26 625
29, 719
26, 209
24, 210
30, 916
25 676
23 763
32, 611
8,347
9,645
4 10, 325
4 10, 772
4 11. 115
.418
.460
122,
95
226,
29
547
849
032
508
116, 584
79 413
235 693
28 780
25 429
24 677
31, 699
.350
.368
635
578
740
544
112,853
87 330
242 959
24 285
21 472
19 249
33 624
23 540
21 452
33 979
22 251
22 101
33, 949
4 9, 788
49,147
4 9, 184
10 113
2 735
7 228
150
4
4
121,
88
242
30
35, 965
71 608 «
'3.43
110,
88
238
23
991
784
591
166
.311
110,
86
240
23
.289
465
179
038
381
23 546
23 269
33 519
22 013
2l' 014
33' 783
4
4
TIRES AND TUBES
Pneumatic casings:
Production
Shipments total
Original equipment _
Replacement equipment
Export
_ _ _Stocks, end of month.
Exports (Bur. of Census)
-thousands--
_ __
„
„
Inner tubes:
Production
Shipments
Stocks, end of month _
Exports (Bur of Census)
r
]
4 10, 779
11.114
3,584
7,348
182
4
11 188
3,724
7,306
157
4
26, 967 4 26, 359
143
146
do
do
do
do -
6 458
1,440
4,898
120
7,942
3,197
4,565
180
* 11 322
4,333
6,833
156
410 ] 79
3, 996
6,047
136
4 9 737
3,753
5,827
157
do _ _ _
do
25, 133
97
26, 933
108
4 25, 943
145
4 26, 473
125
4 27, 921
125
4 27, 401
159
3, 756
3 097
9,918
71
3,612
3 135
10, 536
83
3 899
5 391
8, 924
85
4 043
4 Oil
9,002
78
4,241
3 282
10, 113
112
3 628
3 ?06
10.' 495
146
do
do
_ _. do_ _
do
4
4 10, 517
4
3 611
o 330
10. 852
135
10, 863
4 11 507
3 449
7 884
174
3 4'" 6
3 547
10 700
113
4
8 941
i 578
7 213
151
4 26, 108
119
4 26, 298
104
3 261
3 440
10 627
102
3 017
3 308
10 254
107
4
9 630
2 950
6 560
120
4
9, 530
25, 893
110
4 25, 499
73
3 024
2 894
10 446
84
3 067
3 000
10 589
137
9,044
4 $ 303
3' 495
4 772
Ifto
10 014
3 589
6 304
121
4
26. 290
76
9 99 1
10 859
71
3
Revised.
*> Preliminary.
October data exclude estimates for tissue and miscellaneous papers.
- Data for months noted
cover 5 weeks; other months, 4 weeks.
Beginning
4
January 1960, data are based on a new definition of a book and are not entirely comparable with those for earlier periods.
Motorcycle tires are included beginning January 1960.
9 Data exclude estimates for "tissue paper."
cTAs reported by publishers accounting for about 75 percent of total newsprint consumption in 1959.
i Minor revisions for January
1957-M arch 1959 will be shown later.
January
SURVEY OF CURRENT BUSINESS
S-38
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
1960
January
February
March
April
Time
May
July
DecemOctober NovemAugust September
ber
ber
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments finished cement
Stocks, end of month:
Finished
Clinker
thous. of bbl_~
thous. of bbl
do - do
26, 100
77
22, 219
24,111
69
20. 577
18, 669
53
12, 909
14,698
27, 794
13. 169
31,328
16, 506
37. 284
21 , 939
542.9
35.2
146.2
464.1
33.8
131.3
31.1
20.6
139.4
16,080
31.130
18, 422
53
17,812
27, 015
80
27, 638
31, 832
88
30, 468
31, 930
91
34, 363
31, 982
88
32, 964
33, 270
92
36, 623
89
33, 866
33,179
31, 449
87
26, 406
75
25, 188
38, 553
27, 382
39, 165
33, 474
38, 721
33, 545
40, 101
33, 049
30,488
37, 667
36, 611
27, 532
33, 244
23,444
30, 455
20, 257
28, 725
17, 259
29, 985
16. 787
351, 3
33.9
107.0
370. 5
33.6
106.0
391. 4
35.5
116.0
644.2
672.8
50.1
177.0
685. 6
47.5
190.8
624.7
665.1
45.0
199.0
610.2
40.1
187.1
595.9
49.5
175.4
41.3
169.2
536 7
41.1
143.2
30.3
26.1
26.6
27.2
31.6
36.6
37.9
35.9
39.6
37.4
38.0
37.3
20.4
18.7
18.4
20.3
19.2
20.4
22.1
19.4
21.0
19.9
18.9
17.7
139.9
140.6
140.6
140.6
140.6
141.2
141.3
141.3
141.6
141.7
141 7
141.7
49
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil of standard brick
Structural tile except facing
thous of short tons
Sewer pipe and fittings, vitrified
do
Facing tile (hollow) , glazed and unglazed
mil. brick equivalent
Floor and wall tile and accessories, glazed and unglazed
mil. of sq. ft_
Price index, brick (common), f.o.b. plant or N.Y. dock
1947 49-100
45.1
179. 8
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total) &
thous. of doL_
Sheet (window) glass
shipments
do
Plate and other fiat alass shipmentscf
do
Glass containers: t
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
Beverace
__ _
Beer bottles
Liquor and wine
Medicinal and toilet
Chemical household and industrial
Dairy products
do _do
do
do
_ __ -do. do
Stocks end of month
_ _do -
75, 586
25, 857
49, 729
78, 796
34,911
43, 885
63,493
67, 055
26 912
40, 143
22 801
40, 692
12, 246
11,310
12,755
13,131
13, 708
12 693
13, 514
14, 806
14, 185
15 671
12 899
13 968
11 415
9,316
10, 403
10. 989
11,216
12, 887
12,601
13, 959
14,164
12, 626
16, 126
14, 014
12, 839
11,540
853
910
1,108
1,190
1,406
1,306
1,343
1,337
1,322
2,225
2,729
1,444
1,026
2,756
3,144
3.382
3.329
3,620
3,268
3,591
3,891
3,610
4, 638
4,313
3,953
3,457
625
609
887
2,681
766
139
983
808
936
1,172
1,800
993
848
610
960
1,305
1, 075
141
1,070
123
1,285
1,443
1,292
2,771
1,101
135
1,641
1,968
1,295
890
181
957
1,161
1,337
3,137
1,137
132
2,299
2,848
580
838
1,114
1, 517
2,550
632
838
965
1,093
210
570
861
1,574
3, 156
1,134
147
724
1,012
1,362
2,815
991
153
16, 731
17, 312
19,123
20, 423
20, 963
20, 986
19,907
20,890
20,622
2,972
2,054
1,218
2,905
2,779
1,199
132
1,122
131
20, 681
20, 358
1,005
130
1,267
3, 406
1,242
201
22, 061
21,500
2,594
2,794
GYPSUM AND PRODUCTS!
Crude gypsum, quarterly total:
Imports
thous of short tons
Production
do
1,620
2,649
1,158
2,145
2,626
1,147
1,683
2 658
Calcined production quarterly total
2,166
2,057
2 374
2 281
1,069
82
743
76
1, 059
70
971
88
317
310
279
261
317
316
328
345
529.2
456.2
1,290.4
514 7
1,530 1
72.9
531 3
1 561 6
66 0
do
Gypsum products sold or used, quarterly total:
Uncalcined uses
thous of short tons
Industrial uses
do
Building uses:
Plasters:
Base-coat
do
\11 other (incl Keene's cement)
do
Lath
Wallboard
All other§
mil of sq ft
do
do
1, 442. 5
58.7
r
47.5
TEXTILE PRODUCTS
APPAREL
12, 962
11,894
11, 567
11,866
13, 025
11,930
11, 891
13, 663
11,217
13 536
13,364
13, 269
13 979
1,804
336
i 1,955
1300
1,828
224
1,836
256
i 2, 085
1435
1 968
476
1,896
512
i 1 885
1460
1 032
336
1 780
548
i i 715
1
425
1 684
332
1 784
228
7,780
904
i 1, 125
i 7, 850
8,024
8,592
904
1895
i 9, 035
956
8,236
8,600
i1 1, 055
8, 935
576
6,812
944
8,520
1
775
i 8, 105
6,200
872
920
5, 780
thous. of doz-
1,980
i 2,010
1,980
1,964
i 2, 365
2,160
2,048
i 2, 270
1,424
2,072
2,095
1,980
1,972
do _
do
276
292
1295
1355
268
328
296
348
1280
1365
264
364
296
344
1265
1355
196
248
280
352
i 280
i 310
232
316
204
292
2,403
1,507
18, 405
786
1,892
19, 185
1,280
2, 308
22, 033
1,301
26, 974
1,013
2,078
942
27, 625
593
841
26, 037
440
1,832
20, 371
709
2,127
15 861
800
2,693
21,600
2,276
2 150
20 022
627
Hosiery, shipments _ _ _ thous. of dozen pairsMen's apparel, cuttings:^A
Tailored garments:
Suits
thous. of units
Overcoats and topcoats. _ _
__ _ _
-..do
Coats (separate), dress and sport..
Trousers (separate) , dress and sport
Shirts (woven fabrics), dress and sport
Work clothing:
Dungarees and waistband overalls
Shirts
do _ .
- _do
Women's, misses', juniors' outerwear, cuttings:A
Coats
- thous. of units..
Dresses
_ _ _ _ _ _ _ - _ - _ _ - . do_ _
Suits
do
19, 467
662
888
896
870
1
2.087
17 824
521
19, 614
610
1,141
998
1,227
1, 507
1,456
Waists, blouses, and shirts
thous. of doz_1.402
1, 515
1,547
1,383
1,223
1,310
1,277
1,236
674
536
880
828
Skirts
do— .
850
925
877
866
934
996
844
907
794
r
l
Revised.
Data cover a 5-week period.
c?Revisions for 1957-2d quarter 1959 will be shown later.
JRevisions for January 1958-February 1959 for r1
glassoxlcontainers appear in the May 1960 SURVEY; those for gypsum and products follow (units above): 1st quarter 1959—crude production
2,431; uncalcined uses. 798; all other buildingi r~~~
"• 2d quarter
*— '"""
.-.--...i uses, *.1,078;
— o^
^ _ _ ,„,.„
,
.. ,1,892.
™n
uses, 51.2;
1959—uncalcined
3d quarter
1959—imports,
§Comprises sheathing, formboard, and laminated board.
IData for December 1959 and March, June, and September 1960 cover 5-week periods and for other months. 4 weeks.
ARevisions for January 1957-July 1958 are available upon request.
SURVEY OF CURRENT BUSINESS
January 1061
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber
S-39
1960
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
TEXTILE PRODUCTS—Continued
COTTON
Cotton (exclusive of linters) :
Production:
G innings!
-thous. of running bales__ 13, 376
Orop estimate, equivalent 500-lb. bales
thous. of bales
725
Consumption^
do
Stocks in the United States, end of month,
r
19, 062
totalfj
do
Domestic cotton, total
do
'r18, 983
On farms and in transit _
do_ _
3, 563
14,195
Public storage and compresses
do
1,225
Consuming establishments,
_ do _
79
Foreign cotton total
do
r1
14, 094
2
14, 356
4
140
s 14, 515
3
14, 558
4
888
800
735
731
17,404
17, 396
2,201
13, 656
1,539
68
15,627
15, 563
1,505
12, 301
1, 757
63
14,068
14, 008
952
Jl,140
1,916
60
12, 424
12.371
708
710
52
11,056
11,010
441
8, 634
1,935
46
9,828
9, 785
304
7, 678
1.803
42
669
3
524
1
687
9,731
1,953
4
823
3,680
4
8,424
12, 594
562
685
801
667
644
7,559
7, 526
215
5, 916
1,395
34
21,039
20, 939
13, 940
5,864
1, 135
100
20, 127
20, 031
11,364
7, 693
18, 966
18, 877
7,902
9,961
1,014
17, 626
17, 541
4, 182
12,116
1, 243
85
501
2
676
1
114
90
193
22
439
1
721
858
8,483
8,446
201
6, fifi4
1,581
38
974
96
89
1
13, 340
5
14, 309
652
(6)
30.9
728
2
1, 109
30.1
2
839
6
767
4
29.3
28.1
28.2
29.0
29.4
29.7
31.4
32.3
32.2
31.6
30.1
28.7
31.6
31.8
31.9
32.0
32.0
32.1
32.2
32.2
32.0
30.8
30.5
30.2
30.2
30.6
108
219
558
* 131
108
73
578
52
500
42
463
88
160
653
106
190
609
173
633
103
72
197
585
115
44
405
129
386
101
227
449
93
223
530
thous
do
19, 308
17, 696
19, 326
17, 709
19, 365
17 678
19, 358
17, 665
19, 299
17, 602
19, 310
17, 599
19, 315
17, 589
19, 325
17, 604
19, 228
17, 529
19, 266
17, 561
19, 259
17, 652
19, 241
17, 018
19, 151
17,507
Spindle hours operated, all fibers, total
millions
Average per working dav
do
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f.o.b. mill:
20/2 carded, weaving _
dol. per Ib
3tV2 combed knitting
do
9,880
494
9,051
Ml, 039
9 995
12, 143
9,827
491
8,964
10, 737
7,933
397
7,211
9,418
470
9 144
9,844
492
8,989
11, 740
* 10, 157
9,985
499
9,131
11,244
450
10, 328
9,204
460
8,464
8,923
446
8,178
.685
.948
.685
.948
.692
.692
.946
.692
948
946
.675
.946
.668
.943
.661
.938
.661
.941
.651
.936
.651
.936
.646
.926
p . 646
p. 926
2 479
42 090
39, 948
35, 492
45, 824
36, 772
35, 877
2, 422
33, 620
50, 720
41 045
38, 348
24, 085
37, 632
2 192
28 830
33,823
36, 179
26, 610
34 502
33.43
38.3
18.1
17.5
32.77
38.3
18.0
17.5
32.85
38.3
18.0
17.5
32.60
38.3
18.0
17.5
32.92
38 3
17.5
17.4
32.04
38 3
16.5
17.0
30. 51
38 3
15.8
16.5
29.78
P38 3
P 15.3
p 16. 6
445 0
157.4
76 5
166.4
' M7 8
7 49.6
? 25 8
ExportsJ
_
do
Imports
_- _ do_
Prices (farm), American upland
cents per lb_.
Prices, wholesale, middling I", average 14 markets
cents per lb._
Cotton linters:
Consumption^
thous of bales
Production t - - - -- do
Stocks end of month J
do
4
124
113
625
4
120
4
112
COTTON MANUFACTURES
Spindle activity (cotton system spindles) .-"[t
\ctive spindles, last working day, total
Consuming 100 percent cotton
Cotton cloth:
Cotton broad woven goods over 12 inches in width,
production quarterly f
mil of linear yd
ExportsJ
thous of so yd
Ini ports j
do
Prices, wholesale:
Mill margins
cents per Ib
Denim white back 10 oz /sq yd
cents per yd
Print cloth, 39-inch, 68 x 72
_
do_ _
Sheeting class B, 40-inch, 48 x 44-48
do
442
500
8
37, 396
33, 791
2 448
44 728
41,325
47 521
38 472
38, 699
41, 454
33.04
36.4
18.0
17.5
33.20
37 4
18.3
17.5
33.67
37 4
18.9
17.5
34.18
37.4
18.9
17.5
4
4
486
11, 126
34.12
00
O
18.9
17.5
4
4
471
8,605
r
4
4
28. 13
MANMADE FIBERS AND MANUFACTURES
Exports- Yarns and monofilaments
Staple, tow, and tops _ __ .
Imports' Yarns and m on ofi laments;}!
Staple, tow, and tops| _ _. .
thous o f l b
do
do
do
5,538
2,869
208
8,627
4 505
3,846
244
7,717
4,864
3,141
571
9,700
mil o f l b
do
50.1
56.1
56.3
55.0
56.9
52 1
58.2
51.4
61.7
53.3
dol per Ib
do
.82
33
.82
33
.82
33
.82
33
.82
33
Stocks, producers', end of month:
Filament yarn (rayon and acetate)
Staple incl tow (rayon)
Prices, rayon (viscose) :
Yarn, filament, 150 denier
Staple 1 5 denier
__ ._
Manmade-fiber broadwoven fabrics:
Production, quarterly total 9 J thous. of linear vd
Rayon and acetate (excl. tire fabric)
do
Nylon and chiefly nylon mixtures _
do
Exports piece goods
thous ofsq yd
SILK
Imports, rawj__
Price, raw, AA, 20-22 denier
Production, fabric, qtrly. totalf
_ thous o f l h
dol. per Ib thous of linear yd
6, 661
5,383
480 8
172.2
79.7
181.0
476 0
178.8
79 9
168.8
462 8
181.3
79 7
158.6
Fiber production, quarterly total 9 t
mil o f l b
Filament yarn (rayon and acetate)
do
Staple incl tow (rayon)
do
Noncellulosic (nylon, acrylic, protein etc )
do
337
5,832
5,184
2,989
604
9,068
7,468
4, 349
599
5,780
6, 432
3,341
14,263
14 835
13 719
937
4.32
814
4.51
9,009
4.56
4.43
20,486
^ 15, 808
20, 552
16,457
20, 390
15, 043
624
58.5
59.7
62.8
65.2
65.3
61.0
.82
28
.82
28
.82
28
5, 867
492
4,362
63.7
55.1
64.4
55.9
.82
30
.82
29
629, 397
386. 652
86, 755
622, 539
393, 864
81, 461
3, 532
9,091
3,042
477
4,161
7,013
3,716
353
8, 513
4,391
314
13 283
13 975
438
526
4.27
7,775
4.34
4.37
20, 017
13, 647
21, 153
11, 702
560
12,592
12 604
608
415
6,412
3, 591
314
3,583
6, 994
3,710
345
4,171
6 539
3,557
'68.3
59. 1
68 3
55 1
67 9
51 1
.82
28
.82
9g
P 82
p 28
11 409
14 682
13 628
661
544
4.86
P 4.75
287
15, 147
17,605
12,118
15 882
11, 633
r
562, 260
334, 835
81, 096
••608,629
' 367, 260
90, 395
13 642
724 3
11 151
594
11,301
938
4. 52
6,819
4.59
4.79
26, 264
11, 477
18, 639
9,008
20, 395
14, 095
4.92
6 739
WOOL
Wool consumption, mill (clean basis) :1t
Apparel class
_ _ _
thous. o f l b
Carpet class
do_
18, 068
11, 241
4
4
23,
4
164
16, 205
4
4
4
22,
1
14, 730
19, 205
24, 134
19, 453
20, 565
21, 465
22, 392
18.954
28,013
15, 868
17, 632
17, 921
6,573
7,800
11.151
10, 466
9.758
9,885
7. 597
9,835
6,715
8, 557
6,057
7.239
2
3
4
8
Revised.
*> Preliminary.
Ginnings to December 13.
Ginnings to January 15.
Total ginnings of 1959 crop.
Data cover a 5-week period.
December 1 estimate of
I960 crop.
« Loss than 500 bales. ' Data are for month shown.
s Revisions for lst-3d quarters 1959 (mil. yd.): 2,388; 2,397; 2,372.
§TotaI ginnings to end of month indicated, except as noted.
JData for December 1959 and March, June, and September 1960 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles are for end of period covered
9 Includes data not shown separately.
{Scattered revisions for 1957-58 are available upon request.
Wool imports, clean content! - -- Apparel class (dutiable), clean content t
r
!
do_ _
_.do
SUKVEY OF CURRENT BUSINESS
S-40
1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of Xovem- DecemBUSINESS STATISTICS
ber
ber
Jamuirv 1901
1960
January
February
March
April
May
June
July
August Septem- October November
ber
December
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory
fine
dol. per Ib
Graded fleece 3/8 blood
- do
Australian, 64s, 70s, good topmaking, inbond.__do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price
1947-49= 100__
Woolen and worsted woven goods, except woven felts:
Production, quarterly totalt
thous. of lin. yd__
\pparel fabrics total
_
do
Other than Government orders, total
do
Men's and boys'
_
do
\Vomen's and children's
do_ _
Prices, wholesale, suiting, f.o.b. mill:
Flannel men's and boy's
1947-49=100.Gabardine women's and children's
_ _ _ do
1 275
1.112
1.125
1.275
1. 125
1. 162
1.275
1.125
1.175
1.230
1.080
1. 175
1 225
1.075
1.175
1 182
1.095
1.212
1 160
1.090
1.225
1 155
1 088
1.225
1 125
1 070
1.225
1 l'?5
1 065
1,175
1 125
1 065
1.175
1 125
1 036
1.075
102.2
103.5
104.7
104.7
103.5
102.2
102.2
102.2
102 2
101 0
98 5
98 5
70, 933
69, 254
69, 145
29,216
39. 929
108.1
92.4
108.1
92.4
r
r
T
74,011
72, 624
71. 820
32, 336
39, 484
108.1
92.4
108.1
92.4
108.1
92.4
80, 719
79, 303
78, 453
* 32, 288
46, 165
108.1
92.4
108.1
92.4
108. 1
99 4
i r?r9 )
1 05
1. 075
97
1 1l)ri
1 ()' )r )
1.075
9
68, 212
66,679
66 194
24, 453
41 741
106 3
92 4
106 3
92.4
106 3
92.4
106 3
02 4
106 3
92 4
88, 068
2, 026. 7
687, 790 p '61 1,300
TRANSPORTATION EQUIPMENT
AIRCRAFT
Manufacturers of complete types:
Aircraft, engines, propellers, parts, etc.:
Orders new (net), Quarterly total
mil. of dol__
Soles (net) Quarterly total
do
Backlog of orders total end of quarter
do
For TJ S military customers
do
Civilian aircraft:
Shipments
_._
thous. of dol__ 76, 911
Airframe weight
thous. of l b _ _ 2, 048. 9
Exports (commercial and civilian)
thous. of dol__ 15, 234
3,110
3,028
12,120
5, 452
2, 865
2,732
12, 220
5 783
111, 545
2, 605. 1
32, 651
96, 320 112, 721
2, 262. 4 2, 647. 6
21,928
11, 926
90, 299
2, 187. 5
__number__ 321, 980
179
do__ _
169
do
267,
829
do_ _
259, 633
do
53, 972
do __
38, 003
do
548, 320
286
187
475, 382
462, 831
72, 652
62, 313
792, 351
371
338
676, 712
661, 103
115,268
96r 178
25, 975
10, 500
15,475
54, 861
53, 641
18,005
8.190
9,815
74, 453
71.838
5, 735
3,814
535
6,088
4,044
595
2
2
11
5
3
2
12
5
607
836
991
229
065
593
463
714
127,183 131, 262
2, 662. 6 3, 159. 7
79, 413
54,811
109, 704
2, 429. 1
119,965
2, 495. 8
97, 534
2, 031. 7
108, 410
2, 232. 4
37, 985
72, 573
46, 641
59, 244
81,002
1,910.1
30, 589
703,002
366
362
588, 046
576, 817
114,590
92, 557
725, 665
717, 366
451
432
364
359
463, 943
605, 582
596, 296
111,420
89, 022
211
148
703, 159
358
347
607, 191
596, 861
118,023
91, 268
501,223
424
414
421 , 355
414,787
79. 444
64,053
390, 326
656, 579
640, 924
124, 210
102,305
789,511
340
303
659, 730
644, 780
129, 441
105, 438
324, 020
320, 681
65, 948
53, 331
386, 694
378, 415
77, 038
66, 006
627, 678
610 828
75, 034
60 589
24, 749
12,311
12,438
51, 200
50, 354
29, 652
13, 422
16, 230
68, 469
66, 242
31,771
13,050
18, 721
69, 856
67, 461
29, 468
11,626
17, 842
58, 241
56, 659
31,107
9,526
21, 581
51, 208
48, 153
29, 216
7,418
21, 798
38, 077
35, 355
26, 081
6, 460
19,621
34, 265
30, 988
31, 485
4,386
27, 099
22, 187
20, 737
14,411
5, 105
9,306
24, 717
22, 916
26, 643
14, 182
12 461
26 688
24 811
26, 461
15, 965
10 496
21,215
19 985
6,145
3,903
590
6,534
4,023
497
7,020
3,990
688
5, 890
3,389
998
5, 427
3,241
5,284
3,096
719
3,946
2. 391
491
4, 129
2,511
3,616
2, 194
628
665
365
3 775
2 162
* 182
3 588
•2, 154
* 98
429, 500 3430.116
61,985 3 58, 234
494, 178
69, 588
596, 669
89. 627
647, 287
95, 009
647, 055
93, 460
595, 864
85, 535
546. 535
79, 674
525, 400
81, 440
458, 765
76. 072
547 461
74 158
543 042
2, 869
1 , 633
5, 931
3, 550
3, 550
2,381
2.221
1,662
1.650
6, 042
3, 697
3, 697
2, 345
3 968
2, 556
2 481
1,412
1 306
4 180
2,371
2, 315
1,809
1, 334
4 657
3' 185
3 160
1,472
647
647
659
709
708
625
927
927
4,958
92 905
7 616
7 611
15, 289
3 804
2 070
2 065
1,734
3 680
2 632
2 632
1,048
22 781
8'l78
48, 078
37, 580
MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
_ _
_ _
Exports, total t
Passenger cars (new and used)
Trucks and buses
_
Imports (cars, trucks, buses), total cfj
Passenger cars (new and used)cf
Production, truck trailers: A
Complete trailers total
_ _ _
Vans
_.
Chassi^ van bodies, for sale separately
Registrations:©
^ew passenger cars
New commercial carst - - -
do
do
do
do_ _
do
do
do_
do
do
do
426, 929
74. 178
781, 030
241
241
447
396
338
307
f
l
350
600, 495 ^'522,700
580 677
86, 957 p'88 200
73 9°3
RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments total
number
Equipment manufacturers, total.do
Domestic
do
Railroad and private-line shops, domestic _do _ . _
New orders, totalf
_
do
Equipment manufacturers, total
do
Domestic
_ _
do
Railroad and private-line shops, domestic. _do_ _.
Unfilled orders, end of month, total
do
Equipment manufacturers, total
do. _
Domestic
do
Railroad and private-line shops, domestic do _
Passenger cars (equipment manufacturers) :
Shipments total
_
_
do
Domestic
- -do. _
Unfilled orders, end of month, total
do
Domestic
do
Association of American Railroads:
Freight cars (class !):§
Number owned or leased, end of month
thous_.
Held for repairs, percent of total owned ._ . Locomotives (class!):
Diesel-electric and electric:
Owned or leased end of mo No of power units
Serviceable end of month
_
do_
Installed in service (new) quarterlv total do
Unfilled orders end of month
do
Exports of locomotives, total (railroad-service and industrial tvpes)
number
2.218
1,226
1,226
992
2,424
1,274
1,274
1,150
36, 575
18, 377
18, 357
18,198
3,127
1,681
1, 586
1. 446
10, 754
5, 764
5, 565
4,990
44, 089
22, 547
22, 328
21,542
1 . 61 3
1 , 236
5, 741
3, 932
3, 932
1,809
48, 369
24, 848
24. 649
23, 521
7, 901
5, 138
5. 138
2, 763
3,211
1,398
1,398
1.813
46, 522
22.915
22, 716
23, 607
5,950
4,408
4,408
1,542
1. 961
1,841
1,837
120
42, 334
20, 149
19,946
22, 185
5, 569
4,200
4,200
1,369
5, 541
4, 546
4. 546
995
41, 206
20, 485
20, 282
20, 721
559
311
244
244
67
36, 321
18, 607
18, 392
17,714
29, 770
14, 349
14, 134
15, 421
26 798
12.440
12, 300
14, 358
23, 951
10, 773
10, 688
13, 178
4,320
2,949
2,894
1,371
2.056
2,050
2,050
6
21, 692
9, 874
9,844
11,818
14
14
M77
2 177
228
228
149
149
9
9
282
282
18
18
282
282
12
12
315
315
21
21
294
294
24
24
270
270
13
13
282
282
7
7
315
315
27
27
288
288
32
32
256
256
33
33
223
223
21
21
202
202
1, 688
8.0
1,678
7.2
1, 676
1.675
1,674
7.5
1,676
1, 673
1,674
7.3
7.7
1,672
1. 672
7.6
8.1
8.2
1.668
8.8
8.9
1 666
8.6
1 664
9 2
28,815
27, 439
134
314
57
52
67
43
28, 803
27, 255
28 939
27, 460
97
329
28 972
27 383
148
190
89
119
48
68
53
68
38
23
23
5 885
8.9
8 178
14,603
55
r
2
• xvtjvisuu.
Revised.
P Preliminary.
1 Preliminary estimate cf production.
duction.
in addition to unfilled orders reported by equipment manufacturers, railroad company shops reported unfille
3
4
orders for 10 cars (March-November 1959); shipments of these cars
:s were made in December 1959.
Figures for one State are incomplete.
Excludes data for van bodies.
cf
f Data
Data cover complete units, chassis,
chassis, rind bodies.
n J
1
1
ARevisions
for 1957 (except
'
' for
" detachable
- - - '- - van "bodies) are available upon request.
^Revisions for
3New registrations in Alaska and in Hawaii are included effective with data for January 1959 and January 1960, respectively.
ONe
y.
^Scattered revisions for woolen and worsted goods production (1958), motor vehicle exports and imports (1958), truck registratior
tSw
tions (1958-May 1959). and for freight car new orders (1955-58)
are aAvailable
v a a e upon reques.
request.
§Excludes railroad-owned private refrigerator cars.
INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators _
,_.„_.
Commodity prices
.
....
Construction and real estate
Domestic trade,
._
, __
_.--
1-5
6, 7
7,8
9-11
Employment and population
11-15
Finance
. .. 16-20
International transactions of the U.S
_ . 21,22
Transportation and communications
23, 24
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products..
24,25
25, 26
_ _ 26-30
30,31
Lumber and manufactures_ _ _
Metals and manufactures
,_
Petroleum, coal, and products.
Pulp, paper, and printing.
_.
31
32-34
35,36
_ 36,37
Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment--.
.
._,
,_._.
, __
._
37
38
38-40
,40
INDIVIDUAL SERIES
Advertising.
.
.
__
9
Agricultural loans and foreign trade.
16, 21,22
Aircraft and parts,.
3,12,13,14,40
Airline operations
23
Alcohol, denatured and ethyl
__ .
24
Alcoholic beverages
.....
.... 7, 9, 26
Aluminum
__.
33
AppareL...
2,3,6,7,9,10,12,13,14,15,38
Asphalt and tar products
35,36
Automobiles..
3,9,12,13,14,15,17,22,40
Bakery products
.
12,13,14
Balance of payments
....
21
Banking
14,16
Barley
27
Barrels and drums
32
Battery shipments
34
Beef and veal
28
Beverages...
3,4,7,9,12,13,14,15,26
Blast furnaces, steel works, etc
._ 12,13,14
Blowers and fans
—.._.___
34
Bonds, outstanding, issued, prices, sales,
yields
.
...... 17,19,20
Book publication
, __
37
Brass and bronze....
33
Brick. _1
___
38
Brokers loans and balances..
16,19
Building and construction materials
8,9,10,36
Building costs
_
.
8
Business incorporations (new), failures
5
Business sales and inventories
.
4
Butter
-_
27
Cans (metal), closures, crowns
32
Carloadings
,
23
Cattle and calves
28
Cement and concrete products.
7.8,38
Cereal and bakery products
6,12,13,14
Chain-store sales, firms with 4 or more and
11 or more stores
10
Cheese...
.
27
Chemicals
3,4,5,6,12,13,14,15,19,22,24
Cigarettes and cigars
.__
7,30
Civilian employees, Federal
...
,_,
._
12
Clay products
_ _ 7,38
Coal....
3, 4,6 f 11,13,14,15, 22, 23,35
Cocoa
22,28
Coffee
..
22,29
Coke
23,35
Communications.
12,13,14,15,19, 20, 24
Confectionery, sales
_
29
Construction:
Contract awards.
...
8
Costs. .
..___.
8
Dwelling units
...
7,8
Employment, hours, earnings,, wage rates. _ .
12,
13,14,15
Highways and roads
_ . . _ _ _ _ 7,8,15
New construction, dollar value
_.
1,7
Consumer credit
17
Consumer goods output, index.
2,3
Consumer expenditures.
....
1,9
Consumer price index
,_
._
6
Copper
22,33
Corn
...
.
27
Cost of living (see Consumer price index).
6
Cotton, raw and manufactures
6,7,22,39
Cottonseed, cake and meal, oil.
30
Credit, short- and intermediate-term
17
Crops
.
2,6,27,30,39
Crude oil and natural g a s _ _ » . _ _ _ 3,11,13,14,15,35
Currency in circulation___
18
Dairy products
2, 6, 26
Debits, bank
.
16
Debt, U.S. Government.--.17
Department stores
10,11,17
Deposits, bank
.„
_ 1.6,18
Disputes, industrial
„
„
_
15
Distilled spirits
. .
27
Dividend payments, rates, and yields
2,19, 20
Drue-store sales
,__,
10
Dwelling units, new
._____.._
7,8
Earnings, weekly and hourly
,„
14,15
Eating and drinking places
10
Eggs and poultry
.
2,6,28
Electric power
.
3,6,26
Electrical machinery and equipment
3,
4,5,7,12,13,14,19.22,34
Employment estimates and indexes _..
11,12
Employment Service activities
15
Expenditures, U.S. Government.. .
17
Explosives
...
25
Exports (see also individual commodities)21,22
Express operations
23
National income and product
1
National parks, visits
24
National security expenditures
1,17
Newsprint
22,37
New York Stock Exchange, selected data
19,20
Nonferrous metals
7,19,22,33
Noninstallment credit
17
Failures, industrial and commercial
5
Farm income, marketings, and prices —
1,2,6
Farm wages _ . .
15
Fats and oils, greases
, .
6, 29,30
Federal Government finance
17
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks
16
Fertilizers . _ . _
.
6.25
Fire losses
,_ _,
,
,
8
Fish oils and fish
29
Flaxseed _
30
Flooring, hardwood.
31
Flour, w h e a t _ _ „
28
3.4,
Food products.
5, 6, 9,10,12,13,14,15,18, 22, 27, 28, 29,30
Foreclosures, real estate
8
Foreign trade
21,22
Foundry equipment
34
Freight carloadings
23
Freight cars (equipment)
, _ 3,40
Fruits and vegetables.6, 22,27
Fuel oil.
35,36
. __
_ 3,6, 35,36
Fuels.
34
Furnaces
,
____._.
Furniture
3,4,6,9,10,12,13 14,17
Furs
.
22
Paint and paint materials. ._
6,25
Panama Canal traffic
23
Paper and products and pulp
3,
4,5,7,12,13,14,15,18,22,36,37
Parity ratio
6
Passports issued
24
Payrolls, indexes. _ .
13
Petroleum and products
3,
4,5,6,12,13,14,15,19,22,35,36
Pig iron
32
PI ant and equipment expenditures
2,19
Plastics and resin materials
25
Plywood, hardwood
31
Population
..
11
Pork
,
_
28
Postal savings
16
Poultry and eggs
2,6,28
Prices (see plso individual commodities)
6
Printing and publishing
3,12,13,14,15,37
Profits, corporate
1,18,19
Public utilities
2, 3, 6, 7,12,13,14,15,19, 20, 26
Pullman Company
24
Pulp and pulpwood.
36
Pumps
34
Purchasing power of the dollar
7
Gas, output, prices, sales, revenues
3,6,25,26
Gasoline
9,35,36
Glass and products
._
38
Generators and motors
34
Glycerin
.,
24
Gold._.__
---._
.
18,21
Grains and products.
6, 22, 23, 27, 28
Grocery stores
....
10
Gross national product
I
Gross private domestic investment
__.
1
Gypsum and products.
7,38
Radiators and converters
34
Radio and television
3,6,9,34
Railroads,..,
2,12,15,19,20,23,40
Railways (local) and buslines
12,13,14,15,23
Rayon and acetate
39
Real estate
8,16
Receipts, U.S. Government.,._
17
Recreation
„__
,_ _
6
Refrigeration appliances, output
34
Rents (housing)
6,9
Retail trade
4,5,9,10,11,13,14,15,17
Rice
27
Roofing and siding, asphalt
36
Rubber and products.. 3,4,5,7,12,13,14,15,22,37
Rye27
Hardware stores
_.
__
9,10
Heating apparatus ....
7,34
Hides and skins.
.
____
. 7,30
Highways and roads
7, 8,15
Hogs
_.
...
28
Home Loan banks, loans outstanding
8
Home mortgages
._
8
Hosiery. .
38
Hotels
.
.
12,13,14,15,24
Hours of work per week______-,.
13
Housefurnishings__
,__..,
6, 9,10
Household appliances and radios
3, 6,9,10,34
Imports (see also individual commodities). .._ 21,22
Income, personal.
1
Income and employment tax receipts. ~ . ...
17
Industrial production indexes:
By industry
2,3
By market grouping
.
2,3
Installment credit
______
17
Installment sales, department stores. .
11
Instruments and related products
3,12, 13,14
Insulating materials
__ ,
34
Insurance, life
. _,
17,18
Interest and money rates
.
.
16
Inventories, manufacturers' and trade..
4, 10,11
Iron and steel, crude and manufactures.
3,
4,5,7,8,12,14,19,22, 32,33
Labor disputes, turnover.
15
Labor force
11
Lamb and mutton
28
Lard_.___
.
28
Lead.
33
Leather and products
3,7,12,13,14,15,30,31
Linseed oil
.. _ _
30
Livestock
...
2,6,23, 28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
_ _ _ , 8,16,17,19
Locomotives _
,. _ .
, __ ,_
40
Lubricants _ _
. _.
35,36
Lumber and products.
.
, __
3,
4, 5, 7,8,9,10,12,13,14,18,31
Machine tools_.___
,
34
Machinery
3,4,5,7,12,13,14,19,22,34
Mail-order sales, catalog
10
Manmade fibers and manufactures
7,39
Manufacturers' sales, inventories, orders._ _ _ _
4,5
Manufacturing employment, production workers, payrolls, hours, earnings
11,12,13,14,15
Manufacturing production indexes
._
2,3
Margarine
29
Meats and meat packing
.
2,6,12, 13,14,28
Medical and personal care
6
Metals
3,4,5,7,11,12,13,14,15,19,32,33
Milk_._
.
.... 27
Mining and minerals
2,3,11,12,13,14,15,19, 20
Monetary statistics
18
Money supply
18
Mortgage loans
8,16,18
Motor carriers
23
Motor vehicles.._ 3,4, 5, 7, 9,10,12,13,14,15,19, 40
Motors
.
„
34
Gets
_
....
27
Oil burners
_
34
Oils and fats, greases
6, 29,30
Orders, new and unfilled, manufacturers*
5
Ordnance
12,13,14
Saving, personal
,.
1
Savings deposits
16
Securities issued
19
Services
1,9,12,13,14
Sheep and lambs
28
Shtp and boat building....
12,13,14
Shoes and other footwear
7,9,10,31
Silk, prices, imports, production
7,39
Silver
_._-.
18
Soybeans and soybean oil__30
Spindle activity, cotton
39
Steel ingots and steel manufactures.
3,32,33
Steel scrap
„
32
Stocks, department stores.
11
Stock prices, earnings, sales, etc
20
Stone, clay, and glass products
3,
4,5,12,13,14,19,38
Stoves and ranges
34
Sugar
_
.
22,29
Sulfur....
25
Sulfuric acid
24
Superphosphate
25
Tea imports
29
Telephone, telegraph, cable, and radio-telegraph carriers
.... 12,13,14,15,20,24
Television and radio
3,6,9,34
Textiles and products
3,
4,5,7,12,13,14,15,18,22,38,39,40
Tin
22,33
Tires and inner tubes
7, 9,10,37
Tobacco and m anufactures.
3,
4,5,6,7,8,12,13,14,15,22,30
Tractors
22,34
Trade
5,9,10,11,12,13,14,15,17,20
Transit lines, local
23
Transportation and transportation equipment. . . 3,4, 5,6, 9,12,13,14,15,19, 22, 23, 24,40
Travel
.
24
Truck trailers
40
Trucks
34,40
Unemployment and compensation.
11,15
U.S. Government bonds.
16,17,19, 20
U.S. Government
finance
17
Utilities
2,3, 6, 7,12,13,14,15,19, 20, 26
Vacuum cleaners
Variety stores
Vegetable oils
.
Vegetables and fruits..
Vessels cleared in foreign trade
Veterans' benefits.
_
34
10
29,30
6,22,27
23
15,17
Wages and salaries..
1,2,13,14,15
Washers
.
34
Water heaters
34
Wheat and wheat
flour
27, 28
Wholesale price indexes
6, 7
Wholesale trade
4,5,11,12,13,14,15
Wood pulp
---36
Wool and wool manufactures
6,7,22,39,40
Zinc.
33
UNITED STATES
GOVERNMENT PRINTING OFFICE
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WASHINGTON 23, D.C,
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