Full text of Survey of Current Business : July 1952

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JULY 1952

U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

NATIONAL INCOME NUMBER




SURVEY

OF C U R R E N T

BUSINESS

Albuquerque, N. Mex.
204 S. 10th St.

Memphis 3, Tenn.
229 Federal Bide.

Atlanta 3, Ga.
86 Forsyth St. NW.

Miami 32, Fla.
36 NE. First St.

Baltimore 2, Md.
200 E. Lexington St.

Milwaukee 2, Wis.
207 E. Michigan St.

Boston 9, Mass.
40 Broad St.

Minneapolis 2, Minn.
607 Marquette Ave.

Buffalo 3, N. Y.
117 Eilicott St,

Mobile 10, Ala.
109-13 St. Joseph St.

Butte, Mont.
306 Federal BIdg.

New Orleans 12, La.
333 St. Charles Ave.

Charlestoa 4, S. C.
Area 2,
Sergeant Jasper BIdg.

New York 36, N. Y.
2 West 43d St.

1

Cheyenne, Wyo.
308 Federal Office BIdg.

Oklahoma City 2, Okla.
114 N. Broadway

3
5

Chicago 1, III.
221 N. LaSalle St.

Omaha, Nebr.
403 So. 15th St.

Cincinnati 2, Ohio
105 W. Fourth Sti

Philadelphia 7, Pa.
1015 Chestnut St.

Clereland 14, Ohio
925 Euclid AT«,

Phoenix, Ariz.
311 N. Central Ave.

Dallas 2, Tex.
1114 Commerce St.

Pittsburgh 22, Pa.
717 Liberty Ave.

Denver 2, Colo.
142 New Custom Houee

Portland 4, Oreg.
520 SW. Morrison St*

Detroit 26, Mich.
1214 Griswold St.

Providence 3, B. I.
327 Post Office Annex

El Paso, Tex.
Chamber of Commerce
BIdg.

Reno. Nev.
1479 Wells Ave.

Hartford 1, Conn.
135 High Sti

Richmond, Va.
400 East Main St.

Houston, Tex.
430 Lamar St.

St. Louis 1. Mo.
1114 Market St*

Jacksonville 1, Fla.
311 W, Monroe Sti

Salt Lake City 1, Utah
109 W. Second St., So.

Keneas City 6, Mo.
903 McGee St.

San Francisco 2, Calif.
870 Market St.

Los Angeles 15, Calif.
112 West 9th St

Savannah. Ga.
125-29 Boll St*

LooisTille 2, Ky.
631 Federal BIdg.

Seattle 4, Wash.
123 U. S. Court Houee

No. 7

JULY 1952

t lational Jsncome I lumber
PAGE

THE BUSINESS SITUATION
Workers9 Hourly Earnings in Manufacturing Continue
Upward , . , , , . .
. .
Incomes of Physicians, Dentists, and Lawyers, 1949-51
*

*

*

NATIONAL INCOME AND PRODUCT OF THE
UNITED STATES, 1951 .
8
List of Statistical Tables
. . . ; ; . .
9
National Income and Product Accounts . . . . ; . . 10

*

*

*

MONTHLY BUSINESS STATISTICS . . . . S-l to S-40
New or Revised Statistical Series
32
Statistical Index
Inside Back Cover

Published by the U. S. Department of Commerce, C H A R L E S SAWYER,
Secretary. Office of Business Economics, M. JOSEPH MEEHAN,
Director. Subscription price, including weekly statistical supplement, is
$3.25 a year; Foreign, $4.25. Single copy, 30 cents. Send remittances to
any Department of Commerce Field Office or to the Superintendent of Documents, United States Government Printing Office, Washington 25, D. C.
Special subscription arrangements, including changes of address, should be
made directly with the Superintendent of Documents. Make checks payable
to Treasurer of the United States.




DEPARTMENT OF COMMERCE
FIELD SERVICE

For local telephone listing, consult section
devoted to U. S. Government

JULY 1952

3k.

aauon
By the Office of Business Economics

E

Divergent Production
Trends
Generally production of defense and related
products increased over a year ago while
output of consumer goods declined
Percent change between first half of 1951 and 1952

-30

-20

0

-10

I

*10

420

I

+30
I

AIRCRAFT
ORDNANCE AND ACCESSORIES
SHIPBUILDING
PRODUCERS' EQUIPMENT
RUBBER TIRES
INDUSTRIAL CHEMICALS
MOTOR FUEL
NONFERROUS METALS
FREIGHT CARS
SHOES 0
LOCOMOTIVES, DIESEL-ELECTRIC

$120 billion defense funds available for spending

BITUMINOUS COAL

In recent Congressional action, the Defense Department
received $44 billion of new obligational authority for military
purposes for the present fiscal year, about $4 billion below
the amount requested by the President last January. This
new authority, plus the carryover of unobligated funds from
prior years, will enable the Defense Department to place
about $52 billion of new orders for goods and services during
the fiscal year 1953. On the basis of current schedules,
defense new order placements during the next 12 months for
procurement of hard and soft goods and new construction
(including the Defense Department, foreign military aid,
atomic energy, and stockpiling) are expected to exceed $40
billion, including placement from unobligated balances of
prior-year funds which remain available for use this year.
The new obligational authority embodied in the various
1953 ^appropriation acts—plus an estimated $64 billion remaining either unobligated from prior-year appropriations
for national defense or committed but not yet spent—provide
for future defense spending of nearly $120 billion. On the
basis of these available funds and present schedules for pro-

DRESSES
STEEL INGOTS
FIBER CONSUMPTION
CARPETS AND RUGS
MOTOR TRUCKS AND BUSES

SUITS, MEN'S
MAJOR HOUSEHOLD APPLIANCES
PASSENGER CARS
TELEVISION AND RADIO SETS

I
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
210674°—52

1




CONOMIC activity in June continued the moderate rise
of the previous months, aside from the effects of the work
stoppage in the steel industry. Continued advances in
defense production and a moderate pickup in retail trade
contributed to the strength in total activity.
Most durable goods sectors of retail trade have experienced
some improvement, with the strongest showing in May
registered by the automotive group where sales were more
than one-fifth above the first quarter rate, seasonally adjusted. Nondurable goods stores have also shown increases;
department stores and the food group were up more than
seasonally. It is of interest to note that from December
1951 to May 1952 retail sales increased by 6 percent, seasonally adjusted, while personal income was about the same.
This development is in contrast to the experience of the last
half of 1951 when retail sales showed a smaller increase
although personal income rose during the period.
Activity in most other important sectors has been maintained at a high rate. Civilian employment in June advanced
seasonally to a total of 62.6 million, about three quarters of
a million above June of last year. Moderate expansion of
most types of construction activity took place during June,
with new construction totaling almost $3 billion, or 6 percent above June 1951. Private outlays of $1.9 billion in
June were about the same as a year ago, while public construction expenditures of nearly $1.1 billion were 23 percent
larger than in June 1951. New orders received by manufacturers of durable goods dropped somewhat in May from
April; unfilled order backlogs, although somewhat lower,
were still unusually high.

I

52-101

SURVEY OF CURRENT BUSINESS
duction of military equipment, a significant rise in defense
spending is indicated for the present fiscal year over the
approximately $43 billion spent during fiscal year 1952. As
a result, despite some increase in budget receipts due to a
higher level of business activity, the Federal Government is
expected to realize a budget deficit at the close of fiscal year
1953 considerably larger than the $4 billion excess of expenditures over receipts for fiscal year 1952.

Defense Production Act amended
To ensure an increasing flow of materials for military production, Congress continued the authority to grant priorities
and allocations of scarce materials until June 30, 1953, in the
extension of the Defense Production Act of 1950.
The new law incorporated several important amendments.
Price and wage controls are continued until April 30, 1953.
Federal rent controls will be maintained until September 30,
1952, and until April 30, 1953, in areas where local governments take specific action to extend them. The authority
to impose consumer credit controls under the Defense Production Act is revoked.
Residential credit controls are to be relaxed following a
3-month period when in each month the seasonally adjusted
starts of permanent nonfarm dwelling units fall below the
annual rate of 1,200,000. In such a period of credit relaxation no residential credit control could require down payments in excess of 5 percent of the transaction price. For
the first 5 months of this year only in February did the number of starts exceed the annual rate of 1.2 million, on a
seasonally adjusted basis.

Trends of output mixed
Industrial production in the first half of 1952 has been
sustained at about the same rate as in 1951. Strong divergent trends still dominate the production pattern. Output
of defense and related products continued to advance
throughout the first half of 1952, although at a slower rate
than in 1951. On the other hand, total production of consumer durable goods, which declined drastically through the
second and third quarters of 1951, has remained relatively
stable at a level averaging about one-fourth below the
volume of the first half of 1951, and about two-fifths below
the peak rate reached in the last half of 1950. In consumer
soft goods lines, the declines in output while widespread
were much less pronounced than those for consumer hard
goods. In only a few consumer industries were increases in
production shown.
The work stoppage in the steel industry had little effect on
manufacturing operations of steel-consuming industries in
June. With the maintenance of high operations in many
plants, steel inventories were drawn down. In the automobile industry—the largest single consumer of finished steel
products—operations through June held at about the May
rate, but completions in July will be affected not only by the
steel situation but also by plant shutdowns due to summer
vacations.
The divergent production trends shown in the chart for
21 important manufactured products are typical of the total
pattern. Production increases in the first half of 1952 as
compared with the same period a year ago are shown for 9
of the 21 products. These increases were concentrated
in industries producing goods for direct defense and for
defense-supporting purposes. The largest gains, over 100
percent, were recorded for aircraft and ordnance and accessories, followed by shipbuilding which was up more than
one-third.
The rise in output of producers' equipment although
substantial was much more moderate, and reflects, of
course, the expansion in private business outlays for new




July 1952

plant and equipment largely generated by the defense
program, and for special machinery used directly in the
production of war materiel. Backlogs in this industry are
still large—equivalent to 6 months' shipments at the May
rate. In the machine tool industry alone, unfilled orders
represent more than a year's work at the current rate of
output.
In the railroad transportation equipment industry,
production in the first half of 1952 was subject to NPA
limitation controls. Nevertheless, plant activity was at a
relatively high rate, with output of both freight cars and
locomotives in line with the quotas fixed by NPA.

Steel output falls off
The decline in production of steel ingots was due solely to
work stoppages at steel mills. Two brief work interruptions
in April and May had reduced operations to less than 90
percent of rated capacity in effect on January 1, 1952,
after a record first quarter when output was at an annual
rate of 109 million tons, or 1 percent in excess of capacity.
On June 2, steel mills again closed down because of a labor
management dispute, and this stoppage—which affected
about 88 percent of the industry—continued throughout
the month. As a result, the scheduled weekly rate fell to
12 percent of capacity, the lowest since the industry-wide
stoppage in 1949. Despite the loss of production, output
during the January-June period totaled 45 million tons, or
about as high as in the first 6 months of 1950.

Large decline in consumer durable goods
The drop in the production of consumer durable goods,
as the chart shows, has been exceptionally sharp, with radio
and television sets showing an extreme reduction of nearly
two-fifths. While total output of major consumer durable
goods has held relatively steady since mid-1951, the movements within that group have shown considerable variation.
Assemblies of passenger cars have moved steadily upward
following the completion of the model change-over season at
the turn of the year but output of household durables has
shown an irregular downward trend, owing mainly to the
decline in major appliances and radios and television sets in
the more recent months.
Larger supplies of metals boosted completions of passenger
cars from somewhat less than 1 million in the first quarter
to nearly 1.2 million in the April-June period. Production
in the first half of the year therefore amounted to an annual
rate of 4.4 million passenger cars.
Despite the moderate pickup in consumer demand in
recent months for household equipment, output in April and
May fell to the lowest point since the third quarter of 1951.
All major lines contributed to the decline, with radios, television sets and refrigerators showing the largest relative
drops. A recovery in output of radios and television sets
from the low point reached in August 1951 has been partly
offset by declines which began this February, with output in
April and May more than one-fourth below January—although it was still about one-fourth above August 1951.
For the nondurable goods segment as a whole, output in
the first half of 1952 was about 7 percent below the same
period a year ago. Large decreases in a number of important
industries—textiles, clothing, paper, and alcoholic beverages
—offset the moderate increases shown for other sectors—
rubber tires, motor fuel, and cigarettes. The large drop in
fiber consumption—raw cotton and wool and rayon—is reflected in the reduced activity in clothing shops producing
men's suits and women's dresses. In other consumer lines
such as food, shoes, and newspapers, output showed little 01
no change.

SURVEY OF CURRENT BUSINESS

July 1952

Workers' Hourly Earnings in Manufacturing
Continue Upward
January 25, 1951, when the general price and
wage controls were imposed, factory workers7 hourly earnings have continued to rise but at a slower rate than previously.
Thus, where as in the 16 months prior to January 1951,
manufacturing average hourly earnings rose 10.5 percent,
in the 16-month interval between January 1951 and May
1952 they rose 6.6 percent. In May 1952 the average hourly
earnings for all manufacturing production workers were
$1.658.
The average hourly earnings data, obtained by dividing
pay rolls by total man-hours, measure gross earnings. They
reflect not only changes in basic hourly and incentive wage
rates but also such other factors as premium pay for overtime
and late shift work, and changes in the output of workers
paid on an incentive basis. The average for a group of industries is also affected by shifts in employment as between
relatively high-pay and low-pay industries and establishments.
Various reasons account for the slower growth of factory
hourly earnings in the recent period as compared with the
earlier one. Controls have exerted a retarding influence,
both directly and indirectly, through the slower increase in
the cost of living. The slackening of demand has also been
a factor, especially in the consumer goods industries. Another moderating influence has been the shrinkage in the
length of the work week and the consequent decline in the
premium for overtime work.

Overtime up since Korean outbreak

approximate straight time earnings. The spread between
gross and net hourly earnings as so computed varies depending upon the amount of overtime worked. As shown in
table 1, the amount of overtime increased substantially
between September 1949 and January 1951 as the work
week lengthened—to an average of 41 hours for all manufacturing—in response to increased pressure for production
following the outbreak of hostilities in Korea. Because of
the marked urgency of the demand for defense materials
and producers' capital equipment, average hours worked
per week increased more in the durable goods industries

Trend in Manufacturing
Hourly Earnings
REAL hourly earnings have risen since 1949,
but at a much slower pace than current
dollar earnings
Dollars per hour

Index, 1949 -• 100

1.70

115

Average Hourly Earnings,
Current Dollars

1.60

110

(LEFT SCALE)

"Net" average hourly earnings, computed by eliminating
that portion of the average pay attributable to overtime at
time and one-half for more than 40 hours of work per week,
1.50
Table 1.—Changes in Manufacturing Average Hourly Earnings and
Related Factors Over 16 Months Intervals Before and After
January 1951

All manufacturing industries:
Gross hourly earnings
Approximate straight time
Approximate overtime premium
Average weekly hours
Durable goods industries:
Gross hourly earnings
.._
Approximate straight time
Approximate overtime premium
Average weekly hours
Nondurable goods industries:
Gross hourly earnings
Approximate straight time
Approximate overtime premium
__
Average weekly hours
Consumer price index (1935-39=100) _ _

Change,
January
1951
to May
1952

Septem- January
ber
1951
1949

Change,
September 1949
to January 1951

$1. 555
1.497

$0. 148
.128

$1. 658
1 1. 605

$0. 103
.108

$1. 407
1.369

May
1952

.038

.058

.020

1.053

—.005

39.6

41.0

1
i. ^4

40.0

—1.0

$1. 482
1.444

$1. 630
1.565

$0. 148
.121

$1. 743
U.683

$0. 113
.118

.038

.065

.027

!.060

—.005

39.6

41.5

1.9

40. 8

—0. 7

$1 328
1.290

$1. 456
1.409

$0 128
.119

$1. 536
* 1. 499

$0.080
.090

J

.038

.047

.009

39.6

40.2

0.6

38.8

—1.4

170.7

181.5

6.3%

189.0

4.1%

.037

i Estimated by Office of Business Economics.

Digitized
FRASER
Source:forBasic
data, U. S. Department of Labor, Bureau of Labor Statistics.


—.010

105

REAL Average
Hourly Earnings^
(LEFT SCALE)

>^

1.40

100
Consumers' Price Index
(RIGHT SCALE)

I I I I I

1.30
1949

1950

95

I I I II

1951

{/. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

1952
52-102

than in the nondurables and hence overtime premium pay
contributed a larger portion of total hourly earnings to
workers in the durable goods industries.
Since January last year, however, the average work week
has shortened in most industries. In manufacturing as a
whole the average hours worked per week was 40 in May
1952 as compared with 41 in January 1951. The consequent
decline in premium pay for overtime has operated as a partial
offset to rising straight time pay and has been especially
marked in the nondurable goods industries where the shrinkage in demand and hours worked per week has been most
pronounced.

SURVEY OF CURRENT BUSINESS
cc

Real" hourly earnings rising

Since 1949 the steady rise in manufacturing workers' average hourly earnings has kept well ahead of the cost of living. "Real" hourly earnings, computed by dividing current
dollar earnings by the consumer price index, were 6.6 percent
higher in May 1952 than in May 1949. Workers in various

Changes in Hourly
Earnings
have been larger in defense and related
industries in last three years and smaller
in consumer industries

10

CENTS PER HOUR
20

3O
1

40
I
MAY 1951MAY 1952

INSTRUMENTS 8
RELATED PRODUCTS
MACHINERY,
EXCEPT ELECTRICAL
ORDNANCE &
ACCESSORIES
CHEMICALS 8
ALLIED PRODUCTS
TRANSPORTATION
EQUIPMENT
FOOD a KINDRED
PRODUCTS
FABRICATED METAL
PRODUCTS

July 1952

industry groups fared differently, however, as shown in table
2 where the industries are arrayed according to the amount
of increase in current dollar earnings from 1949 to 1952.
Apparel was the only major industry group in which the gain
in current dollar hourly pay, although substantial, failed to
keep pace with the cost of living.

Hourly pay increases have varied

considerably

Changes in factory workers' hourly earnings are influenced
by many factors such as the relative demand for the product,
importance of wage costs compared to other costs, relative
productivity in output per man-hour, degree of unionization,
and others. In view of the broad differences in these respects from industry to industry, it is not surprising that the
increases in the average hourly earnings received in individual industry groups during the last 3 years have shown
marked variations.
As shown in table 2 and the chart, the increases ranged
from 12 to 34 cents per hour or from 10 to 24 percent of the
respective May 1949 average hourly base earnings. The
average for all manufacturing represented a rise of 26 cents
per hour, or 18 percent of the May 1949 average hourly pay.
Of the 21 major industry groups, the hourly pay raises of
16 were concentrated in the range between 18 and 28 cents
per hour, or between 14 to 20 percent above May 1949.
The industries with hourly earnings increases exceeding that
range—professional and scientific instruments, ordnance and
nonelectrical machinery—experienced above-average increases in the demand for their products over this period
chiefly because of their importance in defense activities.
The industries with hourly pay increases near the bottom of
the range or below it were chiefly consumer goods industries
such as leather and textile products and apparel, where demand rose less than average between May 1949 and May
1952 or—as in the case of leather products and apparelactually dropped.

RUBBER PRODUCTS
PRIMARY METAL
INDUSTRIES

Table 2.—Changes in Average Hourly Earnings of Manufacturing
Production Workers, May 1949 to May 1952, by Industry Groups

PAPER a ALLIED
PRODUCTS
03

ALL MANUFACTURING |
INDUSTRIES

1

»0
05

Oi

f|
03

<N

10

>>
03

c3

0> GO

S-S

c3

U

PRODUCTS OF
PETROLEUM a'COAL

Professional and scientific instruments
Nonelectrical machinery
Ordnance
_____
Chemicals and allied productsTransportation equipment

STONE, CLAY, a
GLASS PRODUCTS
PRINTING, PUBLISHING a
ALLIED PRODUCTS
FURNITURE a
FIXTURES
TOBACCO
MANUFACTURES
LEATHER a LEATHER
PRODUCTS
LUMBER a WOOD
PRODUCTS
TEXTILE-MILL
PRODUCTS
APPAREL a OTHER FINISHED
TEXTILE PRODUCTS

Digitized forV.FRASER
S. DEPARTMENT OF COMMERCE. OFFICE


o
bfl

5

©

1
O

©
bJO
PJ
03

OF BUSINESS ECONOMICS

52-100

8>3>
o3 S
0 "*

Q

c >>
02 CO

|s

'^liIT~I
13

1
1
P< t-c

-wS

S

ggi

|^S

^

^

MISC. MANUFACTURING
INDUSTRIES

3 >»
•^S

o
bo

C3

10

S

•^S

ELECTRICAL
MACHINERY

§«N

$1. 388 $0. 056 $0. 182 $0. 101 $0. 339 $1. 727
.174
1.523
.053
.090
.317 1.840
1.472
.162
.043
.111
.316 1.788
1.430
.055
.149
.076
.280 1.710
.091
1.650
.048
.135
.274 1.924

24 4
20! 8
21.5
19.6
16.6

12. 0
8.' 8
9. 4
7. 7
5.0

20.8
18.3
17.5
16.4

8.8
6.5
5.8
4.8

Food and kindred products___
Fabricated metal products
Rubber products - _ _ _ - _ - _
Primary metal industries

1.294
1.453
1.514
1.581

.045
.043
.052
.038

.113
.159
.094
.180

.111
.064
.119
.041

.269
.266
.265
.259

1.563
1.719
1.779
1.840

All manufacturing

1.401

.041

.144

.072

.257

1.658

18.3

6. 6

Paper and allied products
Electrical machinery and
equipment
Products of petroleum and
coal
Miscellaneous manufactures __
Stone, clay, and glass products
Printing and publishing

1.330

.043

.146

.068

.257

1.587

19.3

7.4

1.443

.010

.151

.091

.252

1.695

17.5

5.8

1.772
1.252

.033
.050

.183
.108

.035
.086

.251
.244

2.023

1.496

14.2
19.5

2. 8
7^6

1.361
1.819

.043
.058

.150
.078

.050
.103

.243
.239

1.604
2.058

17.9
13.1

61
L9

Furniture and fixtures
1.236
Tobacco manufactures __
1.016
Leather and leather products. 1.141
Lumber and wood products. . 1.288
Textile mill products
1.184
Apparel and related products. 1.125

.014
.065
.033
.048
.020
.031

.143
.080
.108
.103
.120
.078

.075
.034
.037
.026
.023
.007

.232
.179
.178
.177
.163
.116

1.468
1. 195
1.319
1. 465
1.347
1.241

18.8
17.6
15.6
13.7
13.8
10.3

7.0
5.9
4.1
2.4
2.4
-.6

Source: U. S. Department of Labor, Bureau of Labor Statistics.

SURVEY OF CURRENT BUSINESS

July 1902

Incomes of Physicians? Dentists, and Lawyers, 1949—51
INCOMES of physicians, dentists, and lawyers continued
to rise in 1950 and 1951, according to the results of three
recent surveys conducted by the Office of Business Economics as part of its national income work.
Following their relative stability from 1948 to 1949, the
average (mean) net incomes of lawyers and dentists increased
about 10 percent from 1949 to 1951. Physicians' incomes
rose 13 percent over the period. In 1950, the average income of physicians maintained the same moderate increase,
about 4 percent, as in the previous year, but in 1951 it
advanced markedly, by 9 percent.
These increases in professional incomes since 1949 should
be considered against the background of the general rise in
money incomes and prices. From 1949 to 1951 there were
increases of about 15 percent in both the over-all average
earnings of employees and proprietors and in the cost of
living as measured by the Consumers' Price Index.
In 1951, the mean net income of lawyers ($9,375) exceeded
dentists' ($7,743) by close to 20 percent, as was the case in
1949. The income of physicians in 1951 ($12,518) exceeded
that of lawyers by one-third and that of dentists by threefifths.

In the accompanying table, the income data for "all"
practitioners represent a composite of the data for the "major
independent" and "major salaried" groups. However, since
the professions of medicine, dentistry, and law are predominantly entrepreneurial, those engaged primarily in independent practice dominate the over-all averages.
Thus, from 1949 to 1951 there was a 13 percent increase
in the mean net income of both major independent physicians—from $11,858 to $13,378—and all physicians. Similarly, the 10 percent increase in the mean net income of all
categories of dentists combined reflected primarily the 10
percent rise (from $7,168 to $7,856) in the income of those
dentists engaged in major independent practice. So too in
the field of law, where those engaged entirely or mainly in
independent practice upped their mean net income from
$8,183 in 1949 to $8,936 in 1951—a 9 percent increase, as in
the case of all lawyers. Moreover, as can be seen from table
3, for each profession the year-to-year movement in the
mean net income of major independent practitioners was
quite similar to that of all practitioners.

Long-term comparisons

Net and gross income changes similar
During the period under analysis, net income kept pace
with gross receipts for all three professions—an indication
that changes in the business expenses of physicians, dentists,

ae-

and lawyers engaged in independent practice were in line
with those in gross receipts, and that the profit ratios of 1949
were maintained. The 1949-51 increase of almost 12 percent in the mean gross receipts of major independent physicians corresponded closely to the 13 percent increase in their
net income. Major independent dentists increased both
their mean net and gross incomes by 10 percent, while lawyers in independent practice increased theirs by 9 percent.
The change in income for salaried physicians and lawyers
was not very different from that for independents. Physicians engaged in major salaried practice increased their mean
net incomes at a slightly higher rate that did those engaged
in major independent practice, both in 1950 and in 1951.
For the two-year period, salaried physicians showed a total
increase of 15 percent in their average net income, as compared with a 13 percent rise for those engaged in independent
practice.
Major salaried lawyers maintained an even rate of increase
in their mean net income (a little better than 4 percent)
from 1949 to 1950 and from 1950 to 1951, whereas the income
of independent lawyers advanced 6 percent in 1950 but only
3 percent in 1951. For the two-year period, however, the
mean net incomes of both independent and salaried lawyers
were up by 9 percent.
In the fields of law and medicine the proportion of salaried practitioners is considerably larger than in the field of
dentistry. (Approximately 35 percent of all lawyers and
22 percent of physicians are engaged in major salaried
practice, in contrast to only 8 percent of dentists.) Thus,
due to the comparatively small original sample, there were
too few returns received from salaried practitioners in the
dental survey to yield reliable data on salaried income from
dentistry.
Since nonsalaried practitioners comprise a very high proportion of those engaged in major independent practice, the
income movements for these two groups from 1949 to 1951
were not significantly different. Similarly, since all-salaried
practitioners account for nearly all of the "major salaried,"
the income changes shown in table 3 for these two categories
were quite similar.

Average income data back to 1929 for these three professions are available only for nonsalaried practitioners. However, since about two-thirds of all physicians and lawyers and
nine-tenths of all dentists are nonsalaried, an examination

u of- the

tl/ledicctt [-^r

Incomes of physicians during the two decades after 1929 was the subject of the last full-scale survey of professional
incomes conducted by the Office of Business Economics. The results were summarized in 18 pages of the July 1951 issue of
the SURVEY OF CURRENT BUSINESS.
The Journal qf the American Medical Association, in reviewing the findings, observed—". . . this survey provides good bench-mark data on the incomes of physicians, a subject about which there has been a
considerable amount of highly speculative writing and speaking in recent years. Thus the entire medical profession has benefited by the willingness of 55,000 of its members to cooperate with the U. S. Department of Commerce in one of the periodic
surveys needed in the preparation of estimates of national income and personal consumer expenditures."
The July 1951 SURVEY OF CURRENT BUSINESS can still be obtained by sending 25 cents to the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C.



SURVEY OF CURRENT BUSINESS

6

of the trend in income for this group has considerable significance for the profession as a whole.
As can be seen from table 4, over the entire period since
1929 nonsalaried dentists have had the lowest average net
income of the three professions. Nonsalaried lawyers, on
the other hand, had a slightly higher mean net income than
physicians engaged in nonsalaried practice up through 1940.
Since that time, however, physicians have succeeded in
increasing their net incomes at a faster rate than have
lawyers, and dentists as well. Physicians' mean net income
since 1940 has been markedly higher than that of either lawyers or dentists.
Since 1929, physicians in nonsalaried practice have increased their mean net income by 157 percent, as compared
with 83 percent for nonsalaried dentists and 58 percent for
nonsalaried lawyers. For perspective, it may be noted
that the average earnings of all nonfarm entrepreneurs rose
144 percent from 1929 to 1951.
Whereas long-term data covering all practitioners (not
just the nonsalaried group, as discussed above) are not
available for lawyers and dentists, such information for
physicians indicates an increase of 136 percent in their overall average net income from 1929 to 1951. This was closely
in line with the 141 percent increase in the average income
of all earners in the general population (wage and salary
workers together with farm and nonfarm entrepreneurs).
The data in table 4 also show that physicians have increased their gross and net incomes by about the same rate

July 1952

since 1929, whereas both lawyers and dentists have experienced a larger over-all increase in gross income than in net
income.
Nature of Surveys

The data reported here are based on the results of three
interim professional income surveys conducted by the Office
of Business Economics during the early spring of this year.
The primary purpose of the surveys was to obtain an index
of the yearly change in professional incomes so that benchmark data established from earlier large-scale professional
surveys could be extended forward, thus deriving current
estimates for incorporation into the annual National Income
series of income of unincorporated enterprises and personal
consumption expenditures. The results of the most recent
large-scale surveys of lawyers, dentists, and physicians—
presenting a wide variety of detailed information not covered
in the interim surveys— were published in the August 1949,
January 1950, and July 1951 issues of the SURVEY O
CURRENT BUSINESS, respectively.
Since these interim surveys are intended only to estimate
the percent change in average net and gross incomes for the
country as a whole, from one year to the next, the samples
are small and few refinements in sampling techniques are
employed.
The data herein presented were gathered by means of
mail questionnaires sent to small cross sections of the medi-

Table 3.—Average Net and Gross Incomes of Physicians, Dentists, and Lawyers
by Form of Practice, 1949-51 l

Form of practice 2

All:

Lawyers

Dentists

Physicians

NumPercent change NumPercent change Num1951
1950
ber of
1949
1949
1950
ber of
1951
ber of
cases in amount amount amount
cases in amount amount amount
cases in
1949-50 1950-51 sample
1949-50 1950-51 sample
1949-50 1950-51 sampl^
Percent change

1951
1950
1949
amount amount amount

NET INCOME »
Mean
Median

Major independent:
Mean
Median
Major salaried:
M^eari
Median
Nonsalaried:
Mean
Median

__ .-_

All-salaried:
Mean
Median

$11,058 $11,538 $12, 518
9 311 10,285
S, 835

+4.3
+5.4

+8.5
+ 10.5

639
639

$7, 037
5, 970

$7 293
'6!l78

$7, 743
6, 501

+3.6
+3. 5

+6.2
+5. 2

624
624

'$8,577
6, 386

$9, 072
6, 625

$9, 375
6, 956

+5. 8
+3.8

4 3. 3
+5. 0

924
924

11,858
9, 668

1 2, 345
10, 578

13, 378
11,382

+4.1
+9.4

+8.4
4-7. 6

413
413

7, 168
6, 137

7, 468
6, 390

7, 856
6, 669

+4.2
+4.1

4-T 9

581
581

S, 183
5, 964

8,708
6, 178

8, 936
6, 766

+6.4
+3. 6

+2.6
+9. 5

6 IS

+4'. 4

8 272
7i 555

8 7°7
7. 876

9 522
8, 675

+5 5
+4.2

+9 1
+ 10.2

99f)

5 504
5[ 382

(*)

226

(4)

0)
(4)

(4)
(4)

(4)
(4)

43
43

9,314
6,691

9, 755
7, 033

10, 197
7, 100

+1 7
+5.1

+4. 5
+ 1.0

306
306

1 1 , 744
9, 561

1 2, 324
10,518

13, 432
11, 191

+ 1.9
+ 10.0

+9.0
+6.4

349
349

7, 146
6, 140

7, 436
6, 342

7, 820
6^ 684

+4.1
+3. 3

tU

539
539

8,083

8, 540
6.010

8, 730
6. 307

4-5 7
+3.9

+2.2
+4.9

558
55s

8, 434
7, 678

8,794
8,087

9, 542
8, 829

4-4.3
+5.3

48.5
+9.2

165
165

6, 270
5, 982

(4)
(*)

(4)
(4)

(4)
(4)

(4)
(4)

29
29

9, 199
7, 254

9, 486
7,421

10.339
7,811

+3.1
+2.3

+9.0
+5.3

216
216

(6)
(6)

(6)
(6)

(6)
(6)

+4.6
+4.2

+6.7
+9.7

413
413

12,829
10.874

13,202
10, 998

11,065
1 1 , 977

+2. 9
+ 1.1

+6. 5
+8.9

581
581

(^
(6)

(6)
(6)

(6)
(6)

+5. 3
+2 2

+3.8
+7. 6

618
61S

19,710
10, 108

20, 713
10, 599

22, 298
18, 169

+5.1
+3.0

+7.7
+9.5

349
349

12.881
11,077

13,202
1 1 , 057

14,085
12,024

+2. 5
-.2

+6. 7
+8.7

539
539

13,079
8, 096

13,634
8, 36P

14, 171
8, 997

+4.2
+3.3

+3.9

558
558

6 is

GROSS INCOME 3
Major independent:
Mean
Median
Nonsalaried:
Mean
Median

_ _ _

.

r

_._ .

Revised.
The percentages shown in this table were obtained directly from the interim surveys.
The means and medians, on the other hand, represent bench-mark data obtained from the
large-scale Office of Business Economics professional surveys or bench-mark data extrapolated by the percent changes indicated by the interim surveys.
2
The breakdown by form of practice is based upon source of income. When based upon
major source of income "all" practitioners fall into two categories: "major independent"
and "major salaried." Alternatively, they may be classified according to sole source of
income: "nonsalaried," "part-salaried," "all-salaried." No data for "part-salaried," which
comprises a relatively small proportion of all practitioners in these professions, are included
in the table because of the smallness of the sample.
1




3 «>7et incoi ne" refets to salttried inc ome from professional work plus net income from
indep undent p rofession il practi ce. All nonprofessional income is exclude*. ., and all income
is before payment of income taxes.
4
Too few cases to permit presentation.
s "Gross income" refers to gross business receipts from independent professional practice
only; it always excludes salaried income as well as receipts from nonprofessional practice.
6
Data not available.

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

SURVEY OF CURRENT BUSINESS

July 1952

cal, dental, and legal professions. Response was on a voluntary basis, and no weighting procedures were used to adjust
the raw survey data.
Table 4.—Mean Gross and Net Incomes of Nonsalaried Physicians,
Dentists, and Lawyers, Selected Years, 1929—51 l

Den tists

Phys cians

Law yers

Year

Net

Gross
(dollars)

(dollars)

Gross
(dollars)

Net
(dollars)

Gross
(dollars)

19°0

8 567

5,224

7,112

4,267

7,997

5, 534

1940

7,632

4.441

6, 592

3, 314

6,747

4, 507

1Q47

17 742

10, 726

12, 032

6, 610

11, 498

7,437

1951

22, 298

13, 432

14, 085

7,820

14, 171

8, 730

Net
(dollars)

Percen t increase

160

157

98

83

1940-51

192

202

114

136

110

94

1947-51

26

25

17

18

23

17

1929-51

-

58

1
Complete series of mean net and gross incomes of nonsalaried practitioners in each of
these professions, for the period 1929-48, may be found in the following articles: "Income of
Physicians, 1929-49," SURVEY OF CURRENT BUSINESS, July 1951, table 1, p. 11; "Income of
Dentists, 1929-48," SURVEY OF CURRENT BUSINESS, January 1950, table 2, p. 9; and "Income
of Lawyers, 1929-48," SURVEY OF CURRENT BUSINESS, August 1949, tables 1 and 2, pp. 18 and 19.

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

Approximately 5,000 practitioners in each profession were
randomly selected to receive questionnaires. The sample of
physicians was chosen from files maintained by the American Medical Association of all living physicians in the United
States. The list of lawyers was obtained through a systematic sampling, by States, of the 1952 Martiiidale-Hubbell
Law Directory. The dentists were sampled from the membership file of the American Dental Association. In deriving
the 1950-51 estimates of dental income shown in the tables,
it was assumed that the percentage change in the average
income of dentists not members of the American Dental
Association was the same as that of members.
The questionnaire forms were brief, asking only for gross
income, expenses, net entrepreneurial income, salaried income, and total professional net income for the years 1949,
1950, and 1951. In addition, the legal questionnaires requested information from entrepreneurs on the number of
partners and on the net income of the law firm.
A comparison of the 1949 mean net income from independent practice as determined from the interim survey and that
as established by the bench-mark data—both for physicians
and lawyers—showed the difference between the two to be
well within the area of sampling fluctuation. Such a comparison for dentists was not possible since the level of income
of ADA members is known to be significantly higher than
that of noiimembers.

National Income
~Xr Supplement to tn

c.

urue

urren

THE ENLARGED NEW EDITION-FIRST SINCE 1947

CONTAINS

National income and product statistics, 1929—1950
A review of economic trends in the past two decades
The basic principles underlying national accounts
An explanation of methods and sources
Allowance for inflation; constant vs. current dollars

This 1951 edition, like the original, is not included in the Survey of Current Business subscription, but is sold as
a separate publication by the Superintendent of Documents and affiliated sales agencies.

A list of Department of

Commerce field offices where it may be procured appears on the inside front cover of this magazine.




Price $1.00.

on ine
the IVIcttionat
icilionctl O<:
t^conomii

National Income and Product
of the United States, 1951
J_JETAILED national income and product statistics for the year 1951, together with
revised estimates for 1949 and 1950, are presented in the following pages. Revised quarterly
and monthly estimates for 1952 are shown on pages S-l and S-8 of this issue of the SURVEY
OF CURRENT BUSINESS.
The estimates presented here supersede those published for 1949 and 1950 in the 1951
National Income supplement to the SURVEY and for 1951 and 1952 in subsequent regular
issues of the SURVEY.
The data for 1929-48 contained in the 1951 National Income supplement and those for
later periods given in this issue of the SURVEY together represent the entire set of national
income and product statistics published by the Office of Business Economics.
The present report is intended for use in conjunction with the 1951 National Income
supplement. The numbering and stubs of the various tables correspond to those used in
the supplement. Footnotes, definitions, and the descriptions of concepts and sources and
methods have not been repeated. A list of errata in the National Income supplement is to
be found at the end of this report.
The revisions of the 1949-50 estimates were occasioned by new source materials that
became available during the past year. Important among these were the Bureau of Internal
Revenue tabulations for 1949 of the income tax returns of corporations and sole proprietorships. Incorporation of these data was the chief factor in the revision of a number of the
income and product series, notably corporate profits, income of unincorporated nonfarm
businesses, and nonfarm inventories.
Major new or revised sources also included estimates of the Bureau of Agricultural
Economics relating to income and capital formation in farming; data on the flow of producers' durable equipment derived from the 1950 Annual Survey of Manufactures of the
Bureau of the Census and from the 1951 Reports oj Plant Operations Jor Metal Working Industries prepared by the Bureau of the Census for the National Production Authority;
information on corporate profits in Wholesale and Retail Trade for 1950 and 1951 collected
jointly by the Securities and Exchange and Federal Trade Commissions; and sample surveys
of the gross and net incomes of lawyers, physicians, and dentists for 1950 and 1951 by the
Office of Business Economics. The results of these sample surveys are summarized on
pages 5-7 of this issue of the SURVEY.
Specific attention is called to the location in this report of the important table on
"Gross National Product or Expenditure in Constant Dollars," together with the companion
table on "Implicit Price Deflators for Gross National Product by Major Segments.77 In
the 1951 National Income supplement, these were presented in a special section (Part IV)
relating to "Gross National Product in Constant Dollars." Here, as indicated by the list
on the facing page, they appear in the series of annual tables, following table 39.



of Statistical ^Ja
NATIONAL INCOME AND PRODUCT ACCOUNTS
PACE

I. National Income and Product Account, 1951
10
II. Consolidated Business Income and Product
Account, 1951

10

III. Personal Income and Expenditure Account, 1951 __ 11

IV. Consolidated Government Receipts and Expenditures Account, 1951
11
V. Rest of the World Account, 1951
11
VI. Gross Saving and Investment Account, 1951
11

ANNUAL TABLES
PAGE

1. National Income by Distributive Shares, 1929-51- _
2. Gross National Product or Expenditure, 1929-51-3. Personal Income and Disposition of Income,
1929-51
4. Relation of Gross National Product, National
Income, and Personal Income, 1929-51
5. Sources and Uses of Gross Saving, 1949-51
6. Liquid Saving Estimates of the Securities and Exchange Commission and Their Reconciliation with
Personal Saving Estimates of the Department
of Commerce, 1949-51
7. Consolidated Business Income and Product,
1949-51
8. Government Receipts, 1949-51
9. Government Expenditures, 1949-51
10. Social Insurance Funds, 1949-51
11. Transactions of the Rest of the World with the
United States, 1949-51
12. National Income by Legal Form of Organization,
1949-51
13. National Income by Industrial Origin, 1949-51
14. Wages and Salaries, by Industry, 1949-51
15. Supplements to Wages and Salaries, by Industry,
1949-51
16. Income of Unincorporated Enterprises, by Industry, 1949-51
17. Corporate Income Before Federal and State Income
and Excess Profits Taxes, by Industry, 1949-51- 18. Federal and State Corporate Income and Excess
Profits Tax Liability, by Industry, 1949-51
19. Corporate Income After Federal and State Income
and Excess Profits Taxes, by Industry, 1949-51-..
20. Net Corporate Dividend Payments, by Industry,
1949-51
21. Undistributed Corporate Income, by Industry,
1949-51
^_

12
12

PAGE

22A Inventory Valuation Adjustment, by Industry—

Corporations, 1949-51

21

22B Inventory Valuation Adjustment, by Industry—

14

Unincorporated Enterprises, 1949-51

21
21

23. Net Interest, by Industry, 1949-51

14
16

16
16
16
17
17
17
17
18
18
18
19
19
19
20
20
20

24. Number of Full-Time Equivalent Employees, by
Industry, 1949-51
25. Average Number of Full-Time and Part-Time
Employees, by Industry, 1949-51
26. Average Annual Earnings per Full-Time Employee, by Industry, 1949-5127. Number of Active Proprietors of Unincorporated
Enterprises, by Industry, 1949-51
28. Number of Persons Engaged in Production, by
Industry, 1949-51
29. Corporate Sales, by Industry, 1949-51
30. Personal Consumption Expenditures by Type of
Product, 1949-51
31. New Construction Activity, by Type, 1949-51
32. Producers' Durable Equipment
33. Net Change in Business Inventories, 1949-51
34. Supplements to Wages and Salaries, 1949-51
35. Employee Contributions for Social Insurance,
1949-51
36. Transfer Payments, 1949-51
37. Monetary and Imputed Interest, 1949-51
38. Reconciliation of Department of Commerce Estimates of Corporate Profits with Bureau of
Internal Revenue Tabulations, 1949-51
39. Major Items of Personal Income and Personal
Consumption Expenditures in Kind, 1949-51--A. Gross National Product or Expenditure in Constant Dollars, 1929-51
B. Implict Price Deflators for Gross National Product
by Major Segments, 1929-51

22
22
22
23
23
23
24
26
26
26
26
26
27
27
27
27
28
28

QUARTERLY AND MONTHLY TABLES
p

PAGE

40. National Income by Distributive Shares, Quarterly,
1949-51
1
41. National Income by Distributive Shares, Seasonally
Adjusted Quarterly Totals at Annual Rates,
1949-51
42. Gross National Product or Expenditure, Quarterly,
1949-51
1.
43. Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates,
1949-51
44. Disposition of Personal Income, Quarterly, 194951
".

210674°—52

28

45. Disposition of Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949-

29

46. Relation of Gross National Product, National
Income, and Personal Income, Quarterly, 1949-

30

29
29
30

51

30

47. Relation of Gross National Product, National Income, and Personal Income, Seasonally Adjusted
Quarterly Totals at Annual Rates, 1949-51 _____ 30
48. Personal Income, Seasonally Adjusted Monthly
Totals at Annual Rates, 1949-51 —______________31

National Income and Product Accounts, 1951
Table I.—National Income and Product Account, 1951

[Millions of dollars]
Compensation of employees:
Wages and salaries
Supplements

169, 906
8, 974

Income of unincorporated enterprises and inventory valuation adjustment

Net interest
National income

Gross private domestic investment

58, 515
193

Government purchases of goods and services.

62, 552

24, 213
9, 036
9, 625
— 1, 295
6, 446

!

277, 554

Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Less: Subsidies minus current surplus of Government enterprises
Charges against net national product2

Capital consumption allowances

25, 329
860
1, 404
541
304, 606

24, 626

CHARGES AGAINST GROSS NATIONAL PRODUCT.. 329, 232
1
2

207, 972

Net foreign investment-

41, 778

Rental income of persons
Corporate profits and inventory valuation adjustment:
Corporate profits before tax:
Corporate profits tax liability
Corporate profits after tax:
Dividends
Undistributed profits
Inventory valuation adjustment

Personal consumption expenditures

GROSS NATIONAL PRODUCTS
3

Data for other years in table 1.
Data for other years in table 4.

329,232

Data for other years in table 2.

Table II.—Consolidated Business Income and Product Account 1951

1

[Millions of dollars]
Compensation of emplo3Tees:
Wages and salaries:
Disbursements
Excess of accruals over disbursements _
Supplements:
Employer contributions for social insurance.
Other labor income
Income of unincorporated enterprises and inventory valuation
adjustment
Rental income of persons
Corporate profits and inventory valuation adjustment:
Corporate profits before tax:
Corporate profits tax liability
Corporate profits after tax:
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest
Income originating -

Consolidated net sales:
To
To
To
To

137, 439
29
3, 731
3, 855

I
!

consumers
government
business on capital accountabroad

Change in inventories

198,
31,
48,
3,

069
943
179
354

10, 336

41, 778

8,871 |
24, 213

8, 619
8,737
— 1, 295

4,226
240, 203

25, 329
Indirect business tax and nontax liability
860
Business transfer payments
1,404
Statistical discrepancy
Less: Subsidies minus current surplus of government enter541
prises
Charges against net product

Capital consumption allowances

267, 255
24, 626

CHARGES AGAINST BUSINESS GROSS PRODUCT _. 291, 881
1

Data for other years in table 7.

10


BUSINESS GROSS PRODUCT

291,881

SUEVEY OF CURRENT BUSINESS

July 1952

11

Table III.—Personal Income and Expenditure Account, 1951

[Millions of dollars]
Personal consumption expenditures:
Purchases of direct services:
Compensation of employees:
Wages and salaries paid l
6, 352
Supplements paid:
Employer contributions for social insurance
52
Other labor income
39
Interest paid
1, 931
Income originating in and net and gross product of
households and institutions
8, 374
Net purchases from business 2
198, 069
3
Net purchases from abroad
1, 529
Personal tax and nontax payments 4
29, 100
Personal saving
17, 003

Wage and salary receipts:
Disbursements by:
Business * _ _1
137, 439
Government 1
26, 065
l
Households and institutions
6, 352
1
Rest of the world
21
5
Less: Employee contributions for social insurance
3, 416
Other labor income:
Business 2
3, 855
Government 1
332
1
Households and institutions
39
Income of unincorporated enterprises and inventory valua2
tion adjustment
41, 778
Rental income
of persons 2
8, 871
4
Dividends
9, 036
4
Personal interest income
11, 339
5
Government transfer payments
11, 504
6
Business transfer payments
860

PERSONAL OUTLAY AND SAVING

PERSONAL INCOME

1
2

254,075
3
4

Data for other years in table 12.
Data for other years in table 7.

254,075
5
6

Data for other years in table 11.
Data for other years in table 3.

Data for other years in table 35.
Data for other vears in table 4.

Table IV.—Consolidated Government Receipts and Expenditures Account, 1951

[Millions of dollars]
Purchases of goods and services:
Purchases of direct services:
Compensation of employees:
Wages and salaries*2
Supplements:
Employer
contributions for social insurance^ 2
Other labor income 2
Income originating and net and gross product
Net purchases from business
Net purchases from abroad
Transfer payments
Net interest paid
Subsidies minus current surplus of government enterprises

965
332
27, 362
31, 943
3, 247
11, 504
4, 893
541

GOVERNMENT EXPENDITURES

79,490

1
2
3

26, 065

Data for other years in tables 8 and 9 except where otherwise noted.
Data for other years in table 12.
Data for other years in table 35.

Personal tax and nontax receipts
29, 100
Corporate profits tax accruals
24, 213
Indirect business tax and nontax accruals
25, 329
Contributions for social insurance:
3
Employee contributions
3, 416
Employer contributions:
4
^Business
3, 731
Government 2
965
2
Households and institutions
52
Deficit ( + ) or surplus ( —) on income and product transactions *
-7,316

GOVERNMENT RECEIPTS AND DEFICIT
4
5

79,490

Data for other years in table 7.
Data for other years in table 5.

Table V.—Rest of the World Account, 1951

[Millions of dollars]
Net payments of factor income to the United States:
Wages and salaries
Interest
Dividends
Branch profits
Income originating and net and gross product
Net purchases from the United States:
From business
From government
From persons

NET

CURRENT

PAYMENTS TO THE

21
289
417
888
1, 615

193

3, 354
— 3, 247
—1, 529

UNITED

STATES
1

Net disinvestment in the United States _

193

NET DISINVESTMENT IN THE UNITED STATES--

193

Data for other vears in table 11.
Table VI.—Gross Saving and Investment Account, 1951

[Millions of dollars]
2
Business purchases on capital account
48, 179
Change in business inventories 2
10, 336
Net disinvestment in the United States by rest of world
193
Government deficit (+) or surplus ( —) on income and product transactions
—7, 316

Excess of wage accruals over disbursements
Undistributed corporate profits (domestic) 2
Corporate inventory valuation adjustment
Statistical discrepancy
Capital consumption allowances by private business 2
Foreign branch profits (net) 3
Personal saving

GROSS INVESTMENT AND GOVERNMENT DEFICIT.

GROSS PRIVATE SAVING

1

Data
for other years in table 5 except as noted.


2

51, 392

Data for other years in table 7.

3

Data for other years in table 11.

29
8, 737
—1, 295
1, 404
24, 626
888
17, 003
51,392

SURVEY OF CURRENT BUSINESS

12

July 11)52

Table 1.—National Income by
[Millions of dollars]

1930

1929

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

_

_

Income of unincorporated enterprises and inventory valuation adjustment
Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
Farm

. __

.
_ _ _ __ _

Corporate profits and inventory valuation adjustment
Corporate profits before tax
_
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment

__

1935

1936

58, 873

41, 690

39, 584

48, 613

56, 789

64,719

50, 786

46,515

39, 470

30, 826

29, 330

34, 067

37, 107

42, 675

50 165
45, 206
4, 647

45 894
40, 720
315
4,859

38 886
33, 607
308
4,971

30 284
25, 297
295
4,692

28 825
23 660
270
4 895

33 520
27 420
271
5 829

36 508
29 984
306
6 218

41 754
33 866
338
7 550

621
101
520

621
106
515

584
111
473

542
126
416

505
133
372

547
147
400

599
171
428

921
418
503

13, 927

10, 963

8,214

4,921

5,207

6,603

9,858

9,942

8,262
8,120
5,665

7,032
6,277
755
3,931

5,316
4, 705
611
2,898

3,206
2,911
295
1,715

2,925
3 450
— 525
2 282

4,276
4 330
— 54
2 327

4,987
5 037
— 50
4 871

6,074
6 194
— 120
3 868

5,811

4,786

3,620

2,508

2,018

2,095

2,288

2,682

___

10,290

6,563

1,631

-1,995

-1,981

1,098

2,997

4,946

_

9,818
1,398
8,420
5,823
2,597
472

3,303
848
2,455
5,500
-3,045
3,260

-783
500
-1,283
4,098
-5,381
2,414

-3,042
382
—3, 424
2,574
-5,998
1,047

162
524
— 362
2,066
— 2 428
-2, 143

1,723
746
977
2, 596
— 1 619
-625

3,224
965
2,259
2,872
— 613
-227

5,684
1 411
4,273
4,557
—284
— 738

6,541

6,176

5,938

5,430

5 010

4 750

4 539

4 474

_

_

_

1934

75, 003

142

Rental income of persons

1933

87,355

312

_ _ _ _

1932

1931

___

__.

_ _ _ _

_

_

Net interest

Table 2.—Gross National Product
[Millions of dollars]
1929

Gross national product. _

. _

_ _ .

Gross private domestic investment .

_

New construction
_.
Producers' durable equipment.
Change in business inventories

_

_

_
_ __

Net foreign investment
Government purchases of goods and services
Federal
National security '
National defense
Other national security
Other
Less* Government sales
State and local

_

_

1933

1934

1935

90, 857

75, 930

58, 340

55,760

64,868

72, 193

82,483

78,761

70, 789

61, 153

49,208

46,346

51,882

56,215

62,515

_ _ _ _ _ _ _

9,362
37, 742
31, 657

7,275
34, 052
29, 462

5, 569
28, 955
26, 629

3,694
22, 743
22, 771

3, 503
22, 254
20, 589

4, 255
26, 732
20, 895

5,158
29,377
21, 680

6,374
32, 887
23, 254

_

15, 824

10, 209

5,362

886

1,306

2,807

6,146

8,318

7,824
6,438
1,562

5,566
4,926
—283

3,561
3,162
—1,361

1,668
1,781
—2, 563

1,142
1,783
—1,619

1,420
2, 531
—1, 144

1,890
3, 351

905

2,783
4,531
1,004

771

690

197

169

150

429

—54

—93

8,472

9,169

9,218

8,077

7,958

9,750

9,886

11,743

1,311

1,410

1,537

1,480

2,018

2,991

2,931

4,815

2,935

4,818

6

4

6, 759

6, 955

3
6,928

_
_

1, 344

_

1936

103, 828

_

Personal consumption expenditures.
Durable goods
Nondurable goods
Services

1932

1931

1930

33
7,161

22
7,759

12

4

7,681

6, 597

4
5,940

i For the years 1947 to 1951, national defense purchases comprise the purchases of the Atomic Energy Commission, Defense Department, Maritime Administration (before 1950),
National Advisory Committee for Aeronautics, and Selective Service System, together with purchases for the programs of defense production and economic stabilization, foreign military
assistance administered by Mutual Security Agency (formerly Mutual Defense Assistance program), and the stockpiling of strategic and critical materials. Purchases under "Other




SUKVEY OF CURRENT BUSINESS

July 1952

Distributive Shares, 1929-51

1937

1938

1939

13

[Millions of dollars]
1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

73,627

67,375

72,532

81,347

103, 834

137, 119

169, 686

183, 838

182, 691

180, 286

198, 688

223, 469

216, 259

239, 170

277,554

47, 696

44, 747

47, 820

51,786

64, 280

84,895

109,212

121, 163

123, 026

117,098

127, 988

140, 166

139,915

153,375

178,88

45, 948
38, 432
358
7,158

42, 812
34, 564
370
7,878

45, 745
37, 519
398
7,828

49, 587
41, 130
591
7,866

61, 708
51, 537
1,862
8,309

81, 887
65, 788
6,330
9,769

105, 647
78, 814
14, 445
12, 388

116, 924
83, 449
20, 638
12, 837

117, 673
82, 101
22, 598
12, 974

111, 227
90, 577
7,962
12, 688

122, 059
104, 803
4,068
13, 188

134, 357
115, 659
3,970
14, 728

133, 356
112, 978
4,248
16, 130

145, 603
123, 442
4,999
17, 162

169, 90(
141, 151
8,64(
20, 10'

1,748
1,234
514

1,935
1,423
512

2,075
1,540
535

2,199
1,624
575

2,572
1,983
589

3,008
2,302
706

3, 565
2,677
888

4,239
2,937
1,302

5,353
3,805
1,548

5,871
3,970
1,901

5,929
3,565
2,364

5,809
3,042
2,767

6,559
3,503
3,056

7,772
3,962
3,810

8,97'
4,74*
4,22(

12, 249

10, 768

11, 282

12,660

16,504

23,041

26,731

28,997

31,247

35,375

35,365

39, 751

34, 405

37,015

41,77*

6,630
6,659
-29
5,619

6, 347
6,126
221
4,421

6,776
6,942
-166
4,506

7,720
7,772
-52
4,940

9,566
10, 210
-644
6,938

12, 573
12, 945
-372
10, 468

14, 963
15, 117
-154
11, 768

17, 156
17, 226
-70
11, 841

18, 719
18, 832
-113
12, 528

20, 585
22, 404
-1,819
14, 790

19, 776
21, 323
-1,547
15, 589

22, 085
22, 480
-395
17, 666

21, 629
20, 998
631
12, 776

23, 667
24, 907
-1, 240
13, 348

26, 21(
26,59
-38
15, 56*

3,140

3,278

3,465

3,620

4,322

5,395

6,109

6,495

6,256

6,620

7,059

7,506

7,720

8,175

8,87

6,166

4,292

5,753

9,177

14,615

19,894

24,279

24,046

19, 153

18,271

24, 732

31,711

29, 189

34,795

41,57

6,197
1,512
4,685
4,693
-31

3,329
1,040
2,289
3,195
-906
963

6,467
1,462
5,005
3,796
1,209
-714

9,325
2,878
6,447
4,049
2,398
-148

17, 232
7,846
9,386
4,465
4,921
-2, 617

21, 098
11,665
9,433
4,297
5,136
-1,204

25, 052
14, 406
10, 646
4,493
6,153
-773

24, 333
13, 525
10, 808
4,680
6,128
-287

19, 717
11, 215
8,502
4,699
3,803
-564

23, 464
9,583
13, 881
5,808
8,073
-5, 193

30, 489
11, 940
18, 549
6,561
11, 988
-5, 757

33, 762
13, 028
20, 734
7,250
13, 484
-2,051

27, 107
10, 817
16, 290
7,469
8,821
2,082

39, 610
18, 383
21, 227
8,957
12, 270
-4,815

42,87
24,21
18,66
9,03
9,62
—1,2

4,376

4,290

4,212

4,104

4,113

3,894

3,355

3,137

3,009

2,922

3,544

4,335

5,030

5,810

6,49

o

or Expenditure, 1929-51
[Millions of dollars]
1939

1938

1937

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

90,213

84,683

91,339

101,443

126,417

161,551

194,338

213, 688

215,210

211,110

233,264

259, 045

258,229

284, 187

329, 232

67, 121

64,513

67, 466

72, 052

82, 255

91,161

102, 244

111,550

123, 079

146, 907

165, 570

177,890

180, 588

194,277

207, 972

7,005
35, 232
24, 884

5,754
34, 032
24, 727

6,729
35, 258
25, 479

7,854
37, 594
26, 604

9,750
43, 960
28, 545

7,060
52, 871
31, 230

6,824
60, 970
34, 450

7,103
67, 054
37, 393

8,472
74, 886
39, 721

16, 573
85, 849
44, 485

21, 369
95, 142
49, 059

22, 883
100, 889
54, 118

23, 840
99, 223
57, 525

29, 152
102, 760
62, 365

27, 120
113, 505
67, 347

11,440

6,311

9,917

13, 949

18,334

10,873

5,709

7,714

10, 733

28,726

30, 187

42,693

33,465

50,349

58, 515

3,687
5,444
2,309

3.309
3,975
—973

4,899
4,577
441

5,566
6,108
2,275

6,784
7,676
3,874

3, 951
4, 857
2,065

2,549
4,082
—922

2,817
5,706
—809

3,934
7,545
—746

10, 291
12, 328
6,107

13, 904
17, 080
—797

17, 716
19, 948
5,029

17, 250
18, 697
—2, 482

22, 889
21, 989
5,471

23, 252
24, 927
10, 336

62

1,109

888

1,509

1,124

—207

—2,245

—2,099

—1,438

4,561

8,895

1,864

528

—2,304

193

11,590

12,750

13, 068

13,933

24,704

59,724

88, 630

96, 523

82, 836

30, 916

28, 612

36,598

43, 648

41,865

62,552

4,552

5,280

5,157
1, 258

6,170
2,223

16, 923
13,794

52, 027
49, 567

81, 223
80, 384

89, 006
88, 615

74, 796
75, 923

20, 946
21, 177

3, 908
9
7,911

3,956
9
7,763

3,173
44
7,781

2,664
204
7,697

1,480
641
7,407

1,552
1,161
7,517

1,031
2,158
8,040

2,469
2,700
9,970

15, 784
13, 328
12, 233
1,095
3,751
1, 295
12, 828

21, 022
16, 083
11,677
4,406
5,570
631
15, 576

25, 449
19, 274
13, 556
5,718
6,570
395
18, 199

22, 165
18, 497
14, 244
4,253
3,909
241
19, 700

40, 881
37, 085
33, 663
3,422
4,202
406
21, 671

[

4,557

5, 286

5
7,038

6
7,470

[

national security" comprise those of the Maritime Administration (after 1949), National Security Council, National Security Resources Board, Philippine War Damage Commission, and
State Department, as well as purch ases for the following foreign economic assistance programs: those now administered by the Mutual Security Agency, government and relief in occupied
areas, India E mergency Food Aid, International Children's Emergency Fund, and Yugoslav Emergency Relief Assistance. National security purchases for the years 1939-46 represent the
series labeled "War" in the 1951 National Income supplement.




SURVEY OF CURRENT BUSINESS

14

July 1952

Table 3.—Personal Income and
[Millions of Dollars]
1929

Personal income

_ _ _ _

Wageandsalaryreceipts_ __ _
Total employer disbursements.
_
Less: Employee contributions for social insurance

1930

1931

1932
49, 274

46, 629

53, 230

59 861

68 353

30, 132
30, 284
152

28, 673
28, 825
152

33, 363
33, 520
157

36, 346
36, 508
162

41 574
41, 754
180

400

2 596
5 980
2 193

428
12, 146
2 872
5 680
i 389

503
12, 624
4 557

45, 747
45, 894
147

38, 735
38, 886
151

_

_ _ _ _ _ _ _

520
19, 738

7 524
1.499

515
15, 749
5, 500
7, 140
1,544

11,834
4,098

2,643

Equals: Disposable personal income
Less: Personal consumption expenditures

_

_

Less* Personal tax and nontax payments
Federal
State and local

_

- -

5,823

473

416

7,429

372

7,225

8,698

7 022

2,673

2, 574
6 571
2, 152

2,507

1,134
1,373

1,858
607
1, 251

1,455
331
1, 124

1 464
474
990

1 595
595
1 000

1 888
827
1 061

o 258
1 130
1 128

82, 484

73, 688

62, 977

47, 819

45 165

51 635

57 973

66 095

78,761

70, 789

61, 153

49, 208

46 346

51 882

56 215

62 515

3,723

2,899

1 824

— 1 389

— 1 181

—247

1 758

3 580

1,263
1,380

Equals * Personal saving

'

1936

64, 835

50, 023
50, 165
142

_

1935

76, 195

_ _ _..

_ _ _ . _

1934

85, 127

__

Other labor income
Proprietors' and rental incomeDividends
Personal interest income
Transfer payments

1933

2, 066
6 180
2 113

3' 520

Table 4.—Relation of Gross National Product,
[Millions of dollars]
1929

Gross national product
Less' Capital consumption allowances
Depreciation charges
_
Accidental damage to fixed capital
Capital outlays charged t o current expense
Equals: Net national product

_ _
_ _
_

_

____

1932

1931

1930

1933

1934

1935

1936

103 828

90 857

75, 930

58, 340

55 760

64 868

72 193

82 483

8,816
7,553
413
850

8,747
7,653

8,312

351
478

7,663
6,950

7,245
6,608

7,218

389
705

7,483

329
384

275
362

7 369
6, 577

7 684

237
455

236
556

381
696
74, 799

6,526

6,607

95, 012

82, 110

67, 618

50, 677

48, 515

57, 650

64, 824

Plus* Subsidies minus current surplus of government enterprises

— 147

— 123

—49

A K

18

283

403

39

Less: Indirect business tax and nontax liabilitv
Business transfer payments
Statistical discrepancy..
_______

7,003

7, 155

6, 859

6, 768

7,055

7,815

8, 190

641
864

8,663

-346

594
862

587
-80

_

Equals* National income
Less: Undistributed corporate profits
Corporate profits tax liability
Corporate inventory valuation adjustment
Contributions for social insurance
Excess of wage accruals over disbursements
Plus: Net interest paid by government
Government transfer payments
Business transfer payments
Equals: Personal income




_

_

__ _

649

737

1,188

1,437

659

1,235

594

87, 355

75, 003

58, 873

41,690

39, 584

48, 613

56, 789

64,719

2,597

—3, 045

-5,381

-5, 998

-2. 428

— 1,619

—613

500

382

524

746

2,414

1,047

-2, 143

-625

-284
1,411
-738

262
0

278
0

285
0

304
0

333
0

598
0
1, 101
2 926

1,398

- __

534
-705

472
243
0

848

3,260

253
0

964

965
-227

983
912
587

1,010

1,084
2 024

1,141
1, 415

1,170
1 454

1,230
1 552

1, 141
1 795

534

649

737

659

641

594

594

85, 127

76, 195

64, 835

49, 274

46, 629

53, 230

59,861

68,353

"

SURVEY OF CURRENT BUSINESS

July 1052

15

Disposition of Income, 1929—51
[Millions of dollars]
1939

1938

1937

1941

1940

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

73, 976

68,327

72,607

78,347

95,308

122, 721

150, 286

165, 892

171,927

177, 724

191, 000

209, 494

205,867

226,312

254,075

45, 382
45, 948
566

42, 258
42, 812
554

45, 149
45, 745
596

48, 929
49, 587
658

60, 907
61, 708
801

80, 721
81, 887
1,166

103, 599
105, 438
1,839

114, 881
117,117
2,236

115, 326
117, 659
2,333

109, 246
111, 257
2,011

119, 926
122, 044
2,118

132, 149
134, 327
2,178

131, 167
133, 401
2,234

142, 678
145, 567
2,889

166, 461
169, 877
3,416

514
15, 389
4,693
5, 580
2,418

512
14, 046
3,195
5,482
2,834

535
14, 747
3,796
5,417
2,963

575
16, 280
4,049
5,395
3,119

589
20, 826
4,465
5,402
3,119

706
28, 436
4,297
5,411
3,150

888
32, 840
4,493
5,495
2,971

1,302
35, 492
4,680
5,940
3,597

1,548
37, 503
4,699
6,672
6,179

1,901
41, 995
5,808
7,354
11, 420

2,364
42, 424
6,561
7,922
11, 803

2,767
47, 257
7,250
8,786
11, 285

3,056
42, 125
7,469
9,644
12, 406

3,810
45, 190
8,957
10, 545
15, 132

4,226
50, 649
9,036
11, 339
12, 364

2,921
1,723
1,198

2,862
1,635
1,227

2,440
1,235
1,205

2,604
1,364
1,240

3,293
2,016
1,277

5,981
4,668
1,313

17, 845
16, 517
1,328

18, 935
17, 536
1,399

20, 867
19, 379
1,488

18, 808
17, 162
1,646

21, 506
19, 650
1,856

21, 142
18, 997
2,145

18, 626
16, 159
2,467

20, 808
18, 120
2,688

29, 100
26,100
3,000

71,055

65,465

70, 167

75,743

92,015

116,740

132,441

146,957

151,060

158,916

169, 494

188,352

187,241

205, 504

224, 975

67, 121

64,513

67,466

72,052

82,255

91, 161

102,244

111,550

123,079

146, 907

165,570

177,890

180,588

194,277

207, 972

3,934

952

2,701

3,691

9,760

25,579

30, 197

35, 407

27,981

12,009

3,924

10,462

6,653

11, 227

17, 003

National Income, and Personal Income, 1929-51
[Millions of dollars]
1939

1938

1937

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

90,213

84,683

91,339

101, 443

126, 417

161,551

194,338

213, 688

215,210

211,110

233,264

259, 045

258,229

284, 187

329,232

7,972
6,838
304
830

7,992
6,894
387
711

8,101
7,082
222
797

8,440
7,228
246
966

9,294
7,878
273
1,143

9,981
8,712
484
785

10, 680
9,504
399
777

11, 887
10, 584
360
943

12, 410
10, 885
381
1,144

12, 163
9,817
407
1,939

14, 845
12, 086
567
2,192

17, 612
14, 368
574
2,670

19, 371
16, 409
518
2,444

21, 538
18, 001
614
2,923

24, 626
20,062
967
3,597

82, 241

76,691

83, 238

93, 003

117,123

151, 570

183,658

201,801

202,800

198,947

218,419

241,433

238,858

262,649

304,606

60

176

485

420

102

150

183

705

835

929

-75

-21

-12

419

541

9,157
567
-1,050

9,154
429
-91

9,365
451
1,375

10, 021
431
1,624

11, 296
502
1, 593

11, 769
495
2,337

12, 735
505
915

14, 127
506
4,035

15, 522
532
4,890

17, 349
557
1,684

18, 658
674
324

20,390
739
-2, 186

21, 644
781
162

23, 751
840
-693

25,329
860
1,404

73, 627

67, 375

72, 532

81,347

103, 834

137, 119

169,686

183,838

182,691

180, 286

198,688

223,469

216,259

239, 170

277,554

-8
1,512
-31
1,800
0

-906
1,040
963
1,977
0

1,209
1,462
-714
2,136
0

2,398
2,878
-148
2,282
0

4,921
7,846
-2, 617
2,784
0

5,136
11, 665
-1,204
3,468
0

6,153
14, 406
-773
4,516
209

6,128
13, 525
-287
5, 173
-193

3,803
11, 215
-564
6,138
14

8,073
9,583
-5, 193
5,981
-30

11, 988
11, 940
-5,757
5,683
15

13, 484
13, 028
-2,051
5,220
30

8,821
10,817
2,082
5,737
-45

12, 270
18, 383
-4,815
6,851
36

9,625
24, 213
—1,295
8,164
29

1,204
1,851
567

1,192
2,405
429

1,205
2,512
451

1,291
2,688
431

1,289
2,617
502

1,517
2,655
495

2,140
2,466
505

2,803
3,091
506

3,663
5,647
532

4,432
10, 863
557

4, 378
11, 129
674

4,451
10, 546
739

4,614
11, 625
781

4,735
14, 292
840

4,893
11, 504
860

73,976

68,327

72,607

78,347

95,308

122, 721

150, 286

165,892

171,927

177,724

191,000

209,494

205,867

226,312

254,075




SURVEY OF CURRENT BUSINESS

16

July 1952

Table 5.—Sources and Uses of Gross Saving, 1949—51

Table 7.—Consolidated Business Income and Product, 1949—51

[Millions of dollars]

[Millions of dollars]

Gross private saving

_ _ _ _ _ _ _ _ _

Personal saving
Undistributed corporate profits
Corporate inventory valuation adjustment
Business depreciation charges
_ _ __ _ _

_ _

Accidental damage to fixed business capital
Capital outlay charged to current expense
Excess of wage accruals over disbursements
Statistical discrepancy
Gross investment
Gross private domestic investment
Net foreign investment

_

1950

37, 044

39, 563

_

1949

1951

51,392

6,653
8,821
2,082
16, 409

11,227
12, 270
-4,815
18,001

17, 003
9, 625
-1,295
20, 062

518
2,444
—45
162

614
2,923
36
—693

967
3, 597

33,993

48,045

58, 708

33, 465

50, 349
-2, 304

58, 515

3,051

-8,482

-7,316

2,034
1,017

-9, 695
1,213

—8, 335
1,019

528

-

Government deficit (-f) or surplus (— ) on income and
product transactions
__ _ _ _ _
Federal
State and local

1949

29

1,404

193

Business gross product

_

Consolidated net sales To consumers
._ _ _ ._
_.
To government
To business on capital account. ..
To abroad

.

__
_ ______

Change in inventories

3.04

1.56

13.51

— 1.27
1.48

4.21
1.52

5 83
2.07

6.05
3.71
2.34

5.21
3.94
1.27

8.04
4 20
3.85

2.90
1 24

.84
— 80

3.68
— 41

1.06

1.18

3 28

Liquidation of mortgage debt on nonfarm dwellings
Liquidation of debt, not elsewhere classified

-3.83
—2 30

-6.99
—3 22

-5.72
— 39

Adjustments of liquid saving to Department of Commerce
personal saving concept
_

2.77

7.50

6.91

Currency and bank deposits
Savings and loan associations

_ _

Insurance and pension reserves _
Private
Government
_ _ ._ _ _ _
Securities _
_ __
United States Government
State and local governments
Corporate and other

__

_

_ __

_

__ _

On account of persons other than unincorporated enterprises:
Net purchases of nonfarm residences
New construction by nonprofit institutions
Less: Depreciation
Less: Increase in government insurance and pension
reserve
___
_ ____ _ _
On account of unincorporated enterprises other than
farms:
Increase in inventories
New construction and producers' durable equipment _
-_ _ _ _ - _ _ _ _
__
Less: Depreciation
Less* Increase in bank and mortgage debt
Less: Increase in net payables to other corporations
and financial intermediaries
On account of farms:
Increase in inventories
New construction and producers' durable equipment
Less: Depreciation
Less: Increase in farm holdings by corporations and
financial intermediaries
Less: Increase in mortgage debt to corporations and
financial intermediaries
. _ _
__ _
Less: Increase in other debt to corporations and
financial intermediaries
__ _
Equals: Liquid saving plus adjustment to personal saving
concept
Personal saving
Difference due to errors and omissions

.60

.46

11 33
1 29

2.47

2.70

2 95

2.34

1.27

3.85

TO 13
1 35

— . 11

1.35

.51

5.07

5.92

5.67

2.96
2.05

3.24
4.75

3 65
1 13

—.05

.76

— 44

-.87

.91

.94

4.67

4.73

5 31

3.76

4.24

4 64

.19

.28

.29

.41

.81

.95

5.80

9.06

20.42

6.65

11.23

17.00

-.85

-2. 17.

3.42

i Excludes Armed Forces Leave Bonds amounting to $0.12 billion in 1949, $0.10 billion in
1950 and $0.15 in 1951.
Source: Securities and Exchange Commission.




281, 545
198, 069

31,943
48, 179

3,354

10, 336

291, 881

Income originating in business
Compensation of employees
Wages and salaries
Disbursements
Excess of wage accruals over disbursementsSupplements to wages and salaries
Employer contributions for social insurance^
Other labor income

189, 008
115, 087
109, 934
109 979
-45
5,153
2,414
2,739

209, 295
126, 530
119, 943
119 907
36

240, 203
145, 054
137 468
137 439
29

Income of unincorporated enterprises and inventory
valuation adjustment _ _ _ _
._ ._ .
Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
Farm-.
______
_
_ _ __ _._ __

34, 405
21, 629
20, 998

Corporate profits and inventory valuation adjustment
Corporate profits before tax
Corporate profits tax liability
Corporate profits after tax _ _ _
Dividends
Undistributed profits _
Inventory valuation adjustment

6,587

7,586

3, 145

3,731

3,442

3,855

37,015

41,778

12, 776

23, 667
24 907
— 1,240
13, 348

26, 210
26 591
-381
15, 568

7,720

8,175

8,871

28, 348
26, 266
10,817
15, 449
7, 156
8,293
2,082

33, 704
38, 519
18, 383
20, 136

40, 274
41, 569
24, 213
17, 356
8,619

631

8,570
11,566
—4,815

8,737
-1,295

3,448

3,871

4,226

Adjustments to business net product
Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Less: Subsidies minus current surplus of government enterprises

22, 599
21, 644

23, 479
23, 751

27, 052
25, 329

— 12

419

541

Capital consumption allowances

19, 371

21,538

24, 626

781
162

840
-693

860
1,404

Table 8.—Government Receipts, 1949—51
[Millions of dollars]

1949

1950

56, 824

69, 793

86, 806

39 466

50 671

66 086

Personal tax and nontax receipts before refunds
Income taxes
Estate and gift taxes _ - - - - _ - - - - _
Other taxes
Nontaxes
Less* Tax refunds
Equals: Personal tax and nontax receipts _ _

18, 527
17 716
754
57-

19, 829
19 108
659

27,900

2 368
16, 159

62"
1 709
18, 120

Corporate profits tax accruals _ _ _ _ . _
Indirect business tax and nontax accruals before refundsExcise taxes
Liquor
Tobacco_ _ _
_ _
Other
Customs duties
. __
. . _ __
_ _
Capital stock tax
N ontaxes
Less: Tax refunds ______
_
_ _
Equals: Indirect business tax and nontax accruals
Contributions for social insurance

10, 212
8,230
7 561
2 204
1 320
4 037
381

17, 611
9,099
8 252
2 419
1 348
4 485
549

23, 360

288
72
8,158
4 937

298
67
9, 032
5 908

330
68
9,530

19 586

21 461

23 090

2,467
667
172
288
211
184
945
605

2 688

3 000

1 037

1 132

13 486
3 882
1,609
1 451
418
404
412
6 642
1,951
599
800
2,228

14 719
4 334
1 843
1 629

15 799
4 757
2 062
1 759

.81

7 04
1 09

291,881

248, 841
185, 302
17, 550
44, 878
1,111
5,471

_. _

Net interest

Liquid saving (S. E. C. estimates)1

254, 312

233, 460
172, 540
20, 397
35, 947
4,576

254, 312

[Billions of dollars]
1951

230, 978

230,978

Charges against business gross product . _

Table 6.—Liquid Savings Estimates of the Securities and Exchange
Commission and Their Reconciliation with Personal Saving
Estimates of the Department of Commerce, 1949—51

1950

1951

-2,482

Rental income of persons

1949

1950

Total receipts,--

_ _ _ _ _ _ _ _ _ _

Federal

State and local
Personal tax and nontax receipts _ _ _ . _
Income taxes
Death and gift taxes
Motor vehicle licenses ..
.. - _ _ _
Property taxes
Other taxes
_
Nontaxes
Corporate profits tax accruals
Indirect business tax and nontax accruals
Sales taxes
General
_ ---__-_
Gasoline
Liquor
Tobacco
_
_ __
_
, _ _
Motor vehicle licenses
Property taxes
Other taxes
__ _
Nontaxes
Contributions for social insurance
Federal grants-in-aid
_._ . .

712
173
328
228
210
772

440
422
462
7 155
2 119

1951

27 077

751
72

1 800
26, 100

9,598
8 677
2 459
1 447
4 771

591

7 096

804
229
358
240
237

853

493
443
505
7 540
2 290

649

707

943
2 339

1,068
2 370

SUKVEY OF CURRENT BUSINESS

July l<)f>2

17

Table 11.—Transactions of the Rest of the World with the United
States, 1949-51

Table 9.—Government Expenditures, 1949-51
[Millions of dollars]

[Millions of dollars]

1949

1950

59, 875

61,311

79, 490

41, 500

40, 976

57, 751

1951

1949

Total expenditures

_ __ _

Federal

_

Purchases of goods and services
_
__
Compensation of employees
Net purchases from business
New construction.
Other
Less: Domestic sales of surplus consumption
sroods_
_.
_ _
Net purchases from abroad
Purchases from abroad
Less: Sales to abroad

25, 449
9,972
11,643
1,488
10, 238

22, 165
10,712
8,009
1,625
6,430

40, 881
16, 242
21,392
3,120
18,323

83
3,834

46
3,444

51

4, 146

3, 639

3, 247
3,602

312

195

8,757

10, 884

8,643

Grants-in-aid to State and local governments

2,228

2, 339

2 370

Net

4,327
5, 611
1,284

4,432
5,804
1,372

4, 558
5, 992
1,434

739

1,156

1,299

20, 603

22, 674

24, 109

18, 199
9, 445
8 754
4,917
3 837

19, 700
10, 159
9 541
5 514
4 027

21, 671
11, 120
10 551
6 221
4 330

2 868

3 408

2 861

Net interest paid
_
Interest paid
Less: Interest received

287
589
302

303
624
321

335
678
343

Less: Current surplus of government enterprises

751

737

758

Transfer payments

__

interest paid
Interest paid
Less: Interest received

__ _ _ _ _

Subsidies less current surplus of government enterprises .
State and local _

___

_

Purchases of goods and services
Compensation of employees
Purchases from business
New construction
Other
Transfer payments

355

528 !

Net current payments to the United States
Net payments of factor income
Wages and salaries
._
Interest
Dividends. _ _ _ _ _
Branch profits
Net purchases from the
Net purchases from
Purchases from
Sales to United
Net purchases from
Purchases from
Sales to United
Net purchases from
Purchases from
Sales to United

__

_

_ _ _.
_

__

LTnited States
United States business
United States business
States business

Long-term
Short-term
Change in gold stock
Errors and omissions

1951

1950

Federal
Contributions for social insurance
Employee contributions
Ernplover contributions
Government and government enterprises
Private
Less: Transferred to general government

4 937
1 856
3*081
732
2, 349
226

5 908
2 448
3 460
395
3 065
341

7 096
2 QQ7
4 189
460
3 729
395

Equals: Retained bv social insurance funds
Plus: Investment income

4,711
853

5, 567
884

6,701
887

5, 564
3, 495

6, 451
6 132

7, 588
4 398

2,069

319

3,190

Contributions for social insurance
Employees
Employer (government and government enterprises) i _ _
Less: Transferred to general government, _

800
378
422
17

943
441
502
25

1 068
509
559
39

Equals: Retained by social insurance funds .
Plus: Investment income

783
115

918
133

1 029
152

898
356

1 051
386

1 181
430

542

665

751

_

_ _ _ _ _

Equals: Surplus (+) or deficit (— )
State and local

Equals: Net receipts
Less: Benefit payments
Equals: Surplus (+) or deficit (— )
1

_ _ _

Includes contributions by private employers to State cash sickness compensation funds
as follows, in millions of dollars: 1949, 2; 1950, 7; 1951, 4.
210674°—52

3




-1,422
3,354
15,660
12,306

-3, 444
195
3, 639
— 1.294
30
1,324

-3, 247
355
3, 602
—1,529
30
1,559

i
:
i
i

2,304
-321 I
726
1, 743
156 i

-193
-1,646
912
-53
594

[Millions of dollars]
1951

1950

_ _ _ _ _ _

216, 259

239, 170

277, 554

Income originating in business, total
_
_ _
Corporate business
Compensation of employees-- _ . . _ __
Wages and salaries
Compensation of corporate officers
Other wages and salaries
Supplements to wages and salaries
Corporate profits and inventory valuation adjustment
Corporate profits before tax
Corporate profits tax liability
Corporate profits after taxInventory valuation adjustment
N e t interest _ _ _ . .
_
_ _ _ _ _ _ _ _

189, 008
116.490

209, 295
131.237
96, 798
91, 147

240, 203
152, 330
111,413
104, 939

87, 447
83, 048
6,743
76, 305
4,399
28, 348
26, 266
10,817
15, 449
2,082

5, 651

6, 474

33, 704
38,519
18,383
20, 136
— 4,815

40, 274
41,569
24,213
17,356
- 1 , 295

695

735

643

58, 394
23, 643
23, 026
617

62, 887
25, 492
24,715

71, 148
28, 932
27, 998

34, 230
21,454
20, 823
631
12, 776
521

36. 840
23, 492
24, 732
— 1,240
13, 348
555

41,593
26, 025
26, 406
-38!
15. 568
623

11,744
1,617
1 561
56

12,676
1, 745
1 681
64

13, 966
1, 950
1 870

175
7,720
2,232
2,380
2,380
2,299
81

175

185

8 175
2, 581
2,495
2, 495
2, 400

8,871
2,960
2, 759
2, 759
2,661

95

98

Income originating in general government
Compensation of employees.
Wages and salaries
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

19,417
19,417
18, 064
1, 353
1,072
281

20, 871
20, 871
19 744
1,127
797
330

27, 362
27, 362
26 065
1,297
965
332

Income originating in households and institutions
Compensation of employees
Wages and salaries
Supplements to wages and salaries .
Employer contributions for social insurance
Other labor income. _

6,767
5 396
5, 343
53
17
36

7,681
5 957
5, 899

8, 374
6 443
6, 352

Income of unincorporated enterprises and inventory
valuation adjustment
Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
Farm
Net interest

[Millions of dollars]

Equals: N e t receipts
Less: Benefit payments

-3,627 i
1.111
11,190
10,079

Table 12.—National Income by Legal Form of Organization, 1949—51

Sole proprietorships and partnerships., _ _
Compensation of employees
Wages and salaries
__
Supplements to wages and salaries

.

-539
4,576
12,312 i
7,736

1949

Table 10.—Social Insurance Funds, 1949-51

193

1,615
21
289
417
888

-1,126
-23 !
-164 i
785 1
i

_ _ __

-2, 304

1.323
17
215
387
704 i

-528

_ _

1951

J,067 !
15 :
211
313
528 ;

-3,834
312
4. 146
— 1.281
42
1,323

United States Government
United States Government
States Government
United States persons
United States persons
States persons

Net capital movement to the United States

National Income

1949

1950

Other private business_
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Income of unincorporated enterprises—business and
professional
Rental income of persons
Net interest__ _ _ _
. __
Government enterprises
Compensation of employees . _
Wages and salaries. _
Supplements to wages and salaries

Net interest

_

Income originating in the rest of the world
Wages and salaries _
Corporate profits after tax
Net interest

\

934

80

58

91

20
38

52
39

1,371

1, 724

1,931

1,067

1,323

1, 615

15
841
211

17

21

1 091

1 305

215

289

SUEVEY OF CURRENT BUSINESS

18

July 1952

Table 13.—National Income by Industrial Origin, 1949-51
Table 14.—Wages and Salaries, by Industry, 1949-51
Table 15.—Supplements to Wages and Salaries, by Industry, 1949—51
[Millions of dollars]
Table 13.—National income

Table 14.—Wages and salaries

1949

1950

Table 15.—Supplements to wages
and salaries
1949

1950

216,259

239,170

277,554

133,356

145,603

169,906

6,559

7,772

16,789
16,274
321
51
143

17,378

19,987

16, 825
335
55
163

19, 384
392
59
152

3,169
2, 886
154
46
83

3,057
2,754
161
49
93

3,284
2, 952
193
52

15
10
4

19
12
5

4,576
568
261
1, 479
1,820
448

4,986

5,831
851
284
1,854

2,931
323
223
1,166
929
290

3,156
346
233
1,291
967
319

3,581
417
237
1,425
1,128
374

195
16
15
111
45
8

274
18
22
172
51
11

Con tract cons truction

10,441

12,404

14,520

6,939

7,911

9,784

319

395

Manufacturing
Food and kindred products
Tobacco manufactures
Textile-mill products
Apparel and other finished fabric products
Lumber and timber basic products

63,286
6, 522
517
4, 12c
3, 253
1, 804

74,496

88,863

6, 680
555
4, 578

6, 861
580

3,237

3, 655
2,716

43,850
4,414
211
3,161
2,749
1,330

49,408
4, 654
219
3,581
2,941
1,601

58,287
5,120
251
3,701
3,067
1, 851

218
15
128
135
49

3,153
258
15
177
167
65

1, 65'
2,202
3, 412
4, 627
2,838

1,974
2. 682
3,613
5, 341

2,249
3,382
4,000
6,601
4,122

1,354
1,464
2, 657
2,429
957

1,608
1,684
2,814
2. 657
998

1,715
1,920
3,006
3,176
1,130

47
78
97
175
202

66
105
123
224
226

761
933
1, 465
5, 630
1,386

882
1,001
1, 680
6, 645
1,634

1,028
1,013
1,993

30
40
66

43 j
49
91
526
92

4, 653
2, 529
1,655
2, 681
1,431

5, 211
2, 994
1,674
3, 248
1, 682

7,010
3, 785
3, 027
3,415
1, 959

226
194
71
94

269
256
85
223
93

47,882
14.266
33, 616

25,585
8, 137
17,448

27,337
8,742
18, 595

30,021
9,958
20, 063

818
265
553

1,002
333
669

22,380
3. 223
305
894
2, 189
1,491
14,278

4,993
1, 300
232
425
1,512
546
978

5,523
1,399
301
483
1, 644
610
1,086

6,053
1, 563
327
545
1,821
663
1,134

313
133
8
31
62
20
59

372
154
13
40

All industries, tctaL
Agricul hire, forestry, and
fisheries
Farms
gricultural and similar service establishments
Forestry
Fisheries
Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying

Furniture and finished lumber products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products
Leather and leather products
Stone, clay, and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous

-_.

I

978
1,100
2, 089
7, 629
2,138

652
276
1.696
1,883
479

2, 356

3,247
1,
2,
10,
2,

j

2,282
560

5,248

975
151
688
100
483

6,314
3,414
1,908
4, 931
1,828
42,783
11,624

8,208
1,912

Wholesale and retail trade
Wholesale trade
Retail trade and automobile services

40,940
11, 659
29, 281

Finance, insurance, and real estate
Banking
Security and commodity brokers, dealers and exchanges
Finance, n. e. c
Insurance carriers
Insurance agents and combination offices
Real estate

18,929
2,614
201
730
2,123
1, 227
12,034

20,532

Transportation
Railroads
Local railways and bus lines
Highway passenger transportation, n. e. c
Highway freight transportation and warehousing
Water transportation
Air transportation (common carriers)
Pipeline transportation
Services allied to transportation

11,853
6,366
564
760
2,321
753
341
203
545

13,204
7, 122
' 549
754
2, 794
773
400
230
582

14,836
7, 799
569
816
3, 161
945
523
297
726

9,275
4,997
544
573
1,698
576
298
121
468

9,794
5,199
530
566
2,015
556
313
116
499

11,259
5, 967
546
606
2, 337
669
376
131
627

561
378
16
31
60
26
19
9
22

618
400
19
33
79 I
30
21
11
25

6,572
2,661
262
3,537
112

7,165
2, 959
299
3, 789
118

8,068
3,301
377
4, 262
128

4,036
2,000
219
1,759
58

4,212
2,023
249
1,881
59

4,643
2, 226
295
2. 060
62

348
188
8
151
1

398
216
9
171
2

20,618
1, 241
2, 696
3,626
182
1,917
802
883
722
3,957
1,500
761
1,051
478
802
21,797
9, 972

22,311

24,382
1,395
3,023
4,726
193
2,315
1,104
882
759
4,678
1,692
1.049
1.110
546
910
30,121
16, 242

12,200
856
1,774
2,336
120
1,262
343
658
562
1,554
305
401
819
424
786
20,363
9,054
4,806
4,248
0
1.718
9,010
3,871
5,139
0
581
15
112,978

13,044
859
1, 809
2,636
133
1,372
361
652
569
1,778
325

14,247
908
1,911
2,873
130
1,566
473
668
589
1,964
352
591
852
486
884
28,726
15, 522
6,882
8, 640
0
1,998
10, 543
4,602
5,941
0
663
21
141,159

270
29
48
3
5
53
14
27
17
16
4
10
12
19
13
1,434
918

319
35
58
3

Communications and public utilities
Telephone, telegraph, and related services
Radio broadcasting and television
Utilities: electric and gas
Local utilities and public services, n. e. c
Services
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies
Business services, n. e. c
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures
Medical and other health services
Legal services
Engineering and other professional services, n. e. c
Educational services, n. e. c
Religious organizations
Nonprofit membership organizations, n. e. c
Government and government enterprises
Federal—general government
Civilian, except work relief
Military
WTork relief
Federal—government enterprises
State and local—general government
Public education
Nonschool, except work relief
Work relief
State and local—government enterprises
Rest of the world
Addendum: All private industries




31, 159

2,861
340
744
2, 095
1,373
13, 119

1,296

2,822
4,275
199

2,072
845
852
729
4, 307
1,622
851
1,088
509
844

23,366
10,712

1,878

1,790
9,445

10,159

590
458

545

2,083
11,120

617

684

848
453
822
22,144
10,094
5,095
4,999
0
1.794
9,650
4,182
5,468
0
17
123,442

72
435

16
30
20
19
6
12
12
18
18
1,222
618 '

84
509

SUEVEY OF CURRENT BUSINESS

July 1952

19

Table 16.—Income of Unincorporated Enterprises, by Industry, 1949—51
Table 17.—Corporate Income Before Federal and State Income and Excess Profits Taxes, by Industry, 1949-511
Table 18.—Federal and State Corporate Income and Excess Profits Tax Liability, by Industry, 1949-51
[Millions of dollars]

All industries, total

_.

Agriculture, forestry, and fisheries
Farms
Agricultural and similar service establishments
Forestry
Fisheries _ _
Mining
_
-_
_
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
_

___

_ _ _ _ _

_

__

Contract construction
Manufacturing
Food and kindred products
Tobacco manufactures
Textile-mill products
Apparel and other finished fabric products
Lumber and timber basic products

_

Furniture and finished lumber products
Paper and allied products
__
Printiug, publishing, and allied industries
Chemicals and allied products _
Products of petroleum and coal

__ _

_
_ _ _ _ __
__

Rubber products
__. _
Leather and leather products
_
__ __ ___
Stone, clay, and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
Transportation equipment except automobiles
Automobiles and automobile equipment
Miscellaneous
\Vholesale and retail trade
Wholesale trade
Retail trade and automobile services

_.-.
__ _ _ _ _
. __
- - _
_

_

_-

Finance insurance, and real estate
Banking
_
Security and commodity brokers dealers and exchanges
Finance n e. c
Insurance carriers _
Insurance agents and combination offices
Real estate
Transpor ta tion
Railroads
_
Local railways and bus lines
Highway passenger transportation, n. e. c
_
Highway freight transportation and warehousing

_

_
_

_

_ _ _ _ _ _

_

__

_ _
_ ___
__ __
_

Services _ _
_ _ _ _ _
_
__
Hotels a n d other lodging places
___
Personal services
Commercial and trade schools and employment agencies
Business services, n. e. c
_
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures...
Medical and other health services
Legal services
Engineering and other professional services, n. e. c
Educational services, n. e. c
Rest o f t h e world

_ __

_

Water transportation
A i r Transportation (common carriers)
Pipe-line transportation
Services allied to transportation
Communications a n d public utilities
Telephone, telegrapn, and related services
Radio broadcasting and television
Utilities: electric and gas
Local utilities and public services, n. e. c

__

_ __

_ _ _ _ _ _ _ _
__
_____

__
_.
_

_

_ _ _ _ _

Table 16.—Income unincorporated enterprises

Table 17.— Corporate income
before taxes

1949

1949

1950

1951

Table 18.— Tax liability

33,774

38, 255

42, 159

27, 107

39,610

42, 874

10,817

18, 383

24,213

12, 999
12,776
161
4
58

13, 585
13, 348
167
4
66

15,826
15, 568
192
5
61

162
162

221
219

266
264

73
71

98
96

140
138

0
0

1
1

1
1

1
1

1
1

1
1

208
7
4
46
139
12

284
13
5
63
190
13

335
17
5
60
239
14

1,127
206
17
144
631
129

1,388
317
21
194
707
149

1,600
407
20
187
826
160

299
54
5
48
149
43

431
98
6
73
195
59

555
155
4
71
254
71

2,578

3,234

3,398

532

981

845

221

488

513

928
130
2
22
132
107

1,432
145
2
38
170
229

1,350
104
2
30
130
201

14,989
1, 551
277
694
165
270

23, 762
1,824
307
1,259
223
590

26, 378
1, 626
323
1,115
179
556

5,935
657
110
306
92
107

11,114
869
149
597
130
264

15,549
921
192
646
131
289

43
5
135
40
3

92
9
147
76
5

81
11
154
74
5

176
559
527
1, 665
1, 544

331
987
579
2,778
2,095

357
1,431
759
3,070
2,745

81
231
216
673
340

145
459
254
1, 353
581

209
929
423
1,972
943

1
14
40
59
29

1
21
70
95
47

1
15
69
109
54

140
96
518
1,682
467

333
164
878
2,944
915

462
128
972
3, 645
1,137

57
46
205
684
196

164
79
424
1,387
416

304
83
593
2,222
659

97
14
3
7
45

156
28
8
10
83

179
26
10
8
87

1,405
715
202
2,109
227

1,968
1,491
290
3,405
401

2,754
1, 563
343
2,749
464

587
299
93
855
100

941
793
162
1,743
204

1,742
1,040
232
1,722
297

9,304
1,178
8,126

11,172
1,419
9,753

12,030
1,740
10, 290

3,960
1,525
2,435

5, 613
2,146
3,467

5,491
2,430
3,061

1,638
651
987

2,663
1,047
1,616

3,032
1,403
1, 629

1,025
5
55
54

1,280
6
160
65

1,319
6
121
74

617
294

691
358

753
365

2,711
1,373
-50
250
575
56
507

2,677
1,451
-60
216
404
61
605

2,938
1,726
-65
293
307
66
611

1,241
541
7
178
217
25
273

1,388
648
8
186
157
31
358

1,672
843
9
285
102
39
394

508
0
3
88
392

588
0
3
91
467

670
0
4
95
539

1, 143
677
-8
54
152

1,963
1,316
—10
51
216

1,910
1,148
-12
62
172

496
289
2
28
62

976
650
2
30
91

1,060
613
2
38
88

12
0
0
13

13
0
0
14

15
0
0
17

137
20
67
44

177
65
100
48

222
119
147
52

61
10
25
19

99
34
47
23

133
71
85
30

20
7
2
0
11

22
7
3
0
12

22
7
3
0
12

1,720
343
33
1,317
27

2,170
605
38
1,495
32

2,516
715
66
1,699
36

674
135
16
511
12

976
292
20
649
15

1,372
413
41
898
20

6,204
218
810
21
470
431

6,658
248
890
24
500
454

7,209
111
980
23
535
595

531
95
63
35
138
10

522
107
63
35
140
10

556
121
68
32
145
12

240
42
25
17
59
5

249
52
28
18
66
4

320
70
37
19
83
6

48
93
2,379
1, 195
355
184

42
93
2,503
1,295
417
192

43
96
2,665
1,339
448
208

145
45

125
42

131
47

66
26

60
21

77
28

232

313

374

* A complete reconciliation of the all-industry totals for these income series with Bureau of Internal Revenue figures for "compiled net profit" is presented in table 38.
are not deducted in arriving at corporate income for national income purposes. This has an important bearing on the data for the mining industries.




1951

1950

1949

1951

1950

Depletion charges

SUKVEY OF CURRENT BUSINESS

20

July 1052

Table 19.—Corporate Income After Federal and State Income and Excess Profits Taxes, by Industry 1949-51l
Table 20.—Net Corporate Dividend Payments, by Industry, 1949-51
Table 21.—Undistributed Corporate Income, by Industry, 1949-51
[Millions of dollars]
Table 19.— Corporate income after j
taxes
i

i
All industries, totaL--.
.

-

Mining
Metal mining
Anthracite mining
„.
Bituminous and. other soft coal mining
Crude petroleum a n d natural g a s _ _ _ _ _ _ _
Nonmetallic mining and quarrying

- .__

Contract construction
Manufacturing
Food and kindred products
Tobacco manufactures
Textile-mill products
Apparel and other finished fabric product5?
Lumber and timber basic products
Furniture and finished lumber products
Paper and allied products
Printing publishing and allied industries
Chemicals and allied products
Products of petroleum and coal

_ _

Rubber products
'
_
Leather and leather products
Stone clay and glass products
Iron and steel and their products
including ordnance
Nonferrous metals and then'r products

_

_

- -

Machinery except electrical
Electrical machinery
Transportation equipment except automobiles
Automobiles and automobile equipment
Miscellaneous
\Vholesaletrade
Retail trade and automobile services

- -

-

-

-- -

-

Finance n e e
Insurance carriers
Insurance agents and combination offices
Real estate

- -

-- —

Finance, insurance, and real estate
Banking

---•

_ _ _ _ _
-- - - - - -

- -

Highway freight transportation and warehousing
^Water transportation
Air transportation (common carriers)
Pipe-line transportation
_
Services allied to transportation

-

~

-

•

__

--

-

- __ _ _ .
-- --

Services
- _ -- - Hotels and. other lodging places
Personal services
- Commercial and trade schools and employment agencies
Business services n e e
Miscellaneous repair services and hand trades
IVIot'on pictures
Amusement and recreation except motion pictures

- --

__
- - --

Telephone telegraph and related services
Radio broadcasting and television
Utilities" electric and gas
_

Rest of the world

1950

16, 290

Agriculture, forestry, and fisheries
Farms
_
Forestry.
Fisheries

Railroads
Local railways and bus lines

1949

_ _ _ . . _
- - - -

1949

1951

21,227

89
91
—1
-1

123 !:
123
0
0 j

828
152
12
96
482
86

957
219
15
121
512
90

Table 20.— Corporate dividend
payments

Table 21.— Undistributed corporate
income

1951

1950

1951

1950

! 1949
i

18, 661

7,469

8,957

8,821

12, 270

9,625

126
126
0
0

53
51
2
0

79
77
2
0

113 1
111
2
0

36
40
-3
-1

44
46
2
0

13
15
-2
0

1,045
252
"l6
116
572
89

338
92
8
51
154
33

390
125
7
47
177
34

455
132
5
53
230
35

490
60
4
45
328
53

567
94
8
74
335
56

590
120
11
63
342
54

9, 036

311

493

332

62

68

73

249

425

259

9,054
894
167
388
73
163

12, 648
955
158
662
93
326

10,829
705
131
469
48

3, 939
404
89
203
43
67

4, 903
432
93
217
42
87

4,717
406
92
224
41
92

5,115
490
78
185
30
96

7,745
523
65
445
51
239

6,112
299
39
245
7
175

95
328
311
992
1, 204

1H6
528
325
1,425
1,514

148
502
336
1,098
1,802

41
131
124
455
521

47
160
131
592
620

46
179
129
516
750

54
197
187
537
683

139
368
194
833
894

102
323
207
582
1, 052

83
50
313
998
271

169
85
454
1,557
499

158
45
379
1,423
478

37
37
125
381
141

48
36
161
523
169

61
33
149
511
189

46
13
188
61.7
130

121
49
293
1,034
330

97
12
230
912
289

818
416
109
1,254
127

1 , 027
698
128
1 , 662
197

1,012
523
111
1,027
167

341
190
85
461
63

385
268
99
719
74

385
260
86
494

477
226
24
793
64

642
430
29
943
123

627
263
25
533
93

2, 322
874
1, 448

2,950
1,099
1,851

2, 459
1,027
1.432

854
325
529

945
377
568

964
373
591

1,468
549
919

2,005
722
1 , 283

1, 495
654
841

1,470
832
— 57
72
358
31
234

1,289
803
— 68
30
247
30
247

1,266
883
-74
8
205
217

658
347
40^
49
17
206

749
357
0
50
61
18
263

724
383
0
58
63
18
202

812
485
-56
32
309
14 1
28

540
446
-68
-20
186
12 :
-16

542
500
-74
-50
142
9
15

647
388
-10
26
90
76
10
42
25

987
666
-12
21
125
78
31
53
25

850
535
-14
24
84
89
48
62
22

272
154
5
25
21
33
4
18
12

364
218
5
27
26
42
8
25
13

407
233
6
31
29
40
11
45
12

375
234
-15
1
69
43
6
24
13

623
448
-17
—6 i
99
36
23
28
12

443
302
-20
—7
55
49
37
17
10

1,046
208
17
806
15

1,194
313
18
846
17

1,144
302
25
801
16

831
201
8
611
11

927
245
9
662
11

1,023
282
9
720
12

215
9
195
4

267
68
9
184
6

121
20
16
81
4

291
53
38

18
79

273
55
35
17
74

236
51
31
13
62

149
17
14
7
35

145
18
14
7
35

143
15
15
7
37

142
36
24
11
44

128
37
21
10
39

93
36
16
6
25

5
79
19

6
65
21

6
54
19

1
60
15

1
56
14

1
53
15

4
19
4

5
9
7

5
1
4

232

313

374

313

387

417

-81

-74

-43

i A complete reconciliation of the all-industry totals for these income series with Bureau of Internal Revenue figures for "compiled net profit" is presented in table 38. Depletion charges
are not deducted in arriving at corporate income for national income purposes. This has an important bearing on the data for the mining industries.




SURVEY OF CURRENT BUSINESS

July 1052

21

Table 22A.—Inventory Valuation Adjustment, by Industry—Corporations, 1949—51
Table 22B.—Inventory Valuation Adjustment, by Industry—Unincorporated Enterprises, 1949-51
Table 23.—Net Interest, by Industry, 1949-51
[Millions of dollars]
Table 22A.— Corporate inventory
valuation adjustment
1949

All industries, total. ._

2,082

Table 22B.— Unincorporated inventory valuation adjustment
1949

1950

1951

—4, 815

—1, 295

631

Agriculture, forestry, and fisheries
Farms
Agricultural and similar service establishments
Forestry
Fisheries
76
22
2
10
34
8

Contract construction
Manufacturing
Food and kindred products _ _
Tobacco manufactures
Textile-mill products
Apparel and other finished fabric products
Lumber and timber basic products
._

.
_

_ ___

Rubber products
Leather and leather products
_ _
_
Stone, clay, and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles Automobiles and automobile equipment
Miscellaneous
_

-

_ _ _ _ _ _ _
_ _ _ _ _ _ _

Wholesale and retail trade
Wholesale trade
._
Retail trade and automobile services
Finance, insurance, and real estate
Banking
Security and commodity brokers, dealers and exchanges
Finance, n. e. c
_ _
_ _ _
Insurance carriers
Insurance agents and combination offices
Real estate
Transportation
Railroads
Local railways and bus lines
Highway passenger transportation, n. e. c
Highway freight transportation and warehousing.

. _ . . __ ..__._

...

_ -

__

.
..

17
1
0
4
11
1

_

_

-27
-1
-1
-8
-16
i i

-4
0
0
i
-3
0

5,030

1951

5,810

6,446

444
440
2
1
1

496 i
492
2
1
1

577
573
2
1
1

22

23
-9
0
—2
34
0

23
-8
0
-3
34
0

0
-2
31
0

32

-70

-13

32

-70

-13

9

23

24

-3,089
-220
-10
-458
224
-102

-781
-295
-40
209
75
15

62
12
0
4
11
9

-166
-17
0
-13
-40
-33

—8
-19
0
6
14

g
32
20
_4
-2
8

-4
36
22
-6
0
6

-20
36
24

33
98
1
332
112

-113
-100
-40
-362
-99

15
-94
-49
43
-32

2
1
-1
7
0

-12
0

-8

-8
0

4
-3
2
2
0

-21
20

-3
—6
-24
22

40
16
-1
-25
179

-290
-80
-27
-103
-193

17
126
-25
-142
-40

0
-4
-3
-3
-12

-1
-4
-1

6
0
0
-2
0

6
0
-1
-4
0

-240
-137
-61
—94
-32

-4
-4
-8
-32

—5

-34
-16
70
52

-186
-99
-50
-217
-116

0
1
1
-1
11
i
0

745
424
321

-1,370
-810
-560

-435
-213
-222

34
28
1

2
-2

0
29 !
6 !
0 !
22
1

I

-82

-i
—14

o

i

i

0

-4
1
0
-^
-11

—7
-2
-1

-977
-225

-356

A

2
—5
-28
22
7
0
-1
0
-6
-11
-40
1

8
14
—6

6
19
-13

26
-32

2,167
-197
-44
-30
-26
-12
2,476

2,505
-149
-74
-60
-22
-15
2, 825

2,784
-246
-92
-62
-22
-18
3, 224

332
286
8
13
18

333
282
9
15
19

331
277
10
16
20

0
4
6

1
3
6

0

1
3
5
-2

-28
0^
—22
-1

419
117
0
288
14

445
122
0
308
15

469
120
1
331
17

1, 413
43
1
1,287
1
-6

1, 768
47
2
1,636
1
—6

1,975
51
0
1, 839
2
-8

4
5
8
-4

4
3
5
7
-4

4
5
5
-5

-5
36
35
3

36
38
4

-6
37
40
4

211

215

289

-1

-3
-2

A

-3
8

-9
-36
0

-29
-24
0

-92

|

Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures
Medical and other health services
Legal services
__ _ .. _ _ _
_




—381

1950

1,166
165
-8
120
63
31

___

Services
__
__
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies
Business services, n. e. c

Rest of the world

-14
-50
— 12

-3
0
-1
-4
-1

__

__ _ ___
__ __

Engineering and other professional services, n. e. c
Educational services, n. e. c
Religious organizations
Nonprofit membership organizations, n. e. c

q

-112
-32

_ ._ _

Water transportation
Air transportation (common carriers)
Pipe-line transportation. _
Services allied to transportation. _
Communications and public utilities- _
_
Telephone, telegraph, and related services
Radio broadcasting and television
Utilities: electric and gas
Local utilities and public services, n. e. c

—1,240

1949

I

Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying

Furniture and finished lumber products .
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal

1951

1950

Table 23.— Net interest

]

3
520
116
404

-4
ci-r

-299

SUEVEY OF CUREENT BUSINESS

22

July 1952

Table 24.—Number of Full-Time Equivalent Employees, by Industry, 1949-51
Table 25.—Average Number of Full-Time and Part-Time Employees, by Industry, 1949—51
Table 26.—Average Annual Earnings per Full-Time Employee, by Industry, 1949-51

1

Table 24.— Full-time equivalent
employees
[Data in thousands]
1950

1949

AH industries, total

_ __

Agriculture, forestry, and fisheries
Farms
Agricultural and similar service establishments
Forestry
Fisheries
Mining

__

_ _ _

_ _ „_

Metal mining
Anthracite mining
___
_
__
Bituminous and other soft coal mining
Crude petroleum and natural gas
_
Nomnp.tallic mining and quarrying

_

_

-

_

_ __ _ _ .

-

_

-

_ _
-

._ _
. . ---

Contract construction
Manufacturing
__
._ _
Food and kindred products
Tobacco manufactures.
Textile-mill products
Apparel and other finished fabric products
Lumber and timber basic products

._

- _ _

52, 237

48, 502

50, 225

54, 281

2,862

3,017

3,253

2,279
2, 154
72
22
31

2,205
2, 073
81
20
31

2,427
2, 268
106
23
30

2, 315
2, 154
108
22
31

2,246
2, 073
122
20
31

1, 325
1,272
2,200
2,000
2,767

1,341
1,279
2, 236
2, 227
3, 000

1,489
1,424
2,383
2,600
2,806

914
95
77
398
248
96

916
97
75
395
251
98

917
102
69
371
271
104

914
95
77
398
248
96

916
97
75
395
251
98

917
102
69
371
271
104

3, 207
3, 400
2, 896
2, 930
3,746
3,021

3, 445
3, 567
3,107
3, 268
3, 853
3,255

3,905
4,088
3, 435
3, 841
4, 162
3, 596

2,148

2,359

2,627

2,148

2,359

2,627

3,230

3,354

3,724

3,301
3, Ofi8
2 95$ •
2, 767
2, 490
2, 513

3,611
3, 303
2, 437
2, 905
2,577
2, 722

__

__

Finance insurance,
and real estate
_
__
Ban kin0*
Security and commodity brokers, dealers and exchanges
Finance n e e
Insurance earners
Insurance agents and combination offices
Real estate

_

_ ..

Transportation

Railroads
Local railways and bus lines
Highway passenger transportation, n e e
Highway freight transportation and warehousing
Water
transportation
A':r transportation (common carriers)
Pine-line transportation
Services allied to transportation
_

_
_

__

________

_ _

_

Communications and public utilities

Telephone telegraph, and related services
Radio broadcastin^ and television
Utilities* electric and gas
Local utilities and public services, n e e

Hotels and other lodging places
Personal services
Private households
-- _
Commercial and trade schools and employment agencies
Business services, n e e
Miscellaneous repair services and hand trades
Motion pictures
__ _ _
Amusement and recreation except motion pictures
Medical and other health services
Le^al services
Engineering and other professional services, n. e. c
Educational services, n. e. c
- __ _.
Religious organizations
Nonprofit membership organizations, n. e. c
Government a n d government enterprises
_ _
_ _ . _ _ _ _ . __ .
Federal— general government
Civilian, except work relief
_ _ __
___ _ _ _ _
Military
Work relief
_ Federal — government enterprises
State and local general government
Public education
__ _
_ ..
Nonschool except work relief
Work relief
--State and local— government enterprises
Rest of the world
Addendum • All private industries




|

16, 142
1 , 550
103
1,274
1,190
680

14, 183
1,509
101
1,231
1,155
580

14, 967
1,517
97
1,294
1,181
637

16, 142
1, 550
103
1,274
1,190
680

3,092
2, 925
2,089
2, 568
2, 380
2, 293

566
484
741
707
231

563
510
754
783
243

511
453
727
689
229

566
484
741
707
231

563
510
754
783
243

2, 650
3,232
3, 655
3,525
4,179

2,841
3,479
3, 798
3,758
4,320

3, 046
3, 765
3,987
4, 056
4, 650

236
388
487
1, 662
424

250
393
518
1,831
452

270
379
556
2,028
488

236
388
487
1 , 662
424

250
393
518
1,831
452

270
379
556
2,028
488

3,225
2,405
3,008
3,387
3, 269

3, 528
2,547
3,243
3, 629
3,615

3,807
2, 673
3,585
4, 047
3,918

1, 336
778
460
743
484

1,386
8S8
447
810
537

1 , 655
1,020
695
827
574

1,336
778
460
743
484

1, 386
888
447
810
537

1, 655
1,020
695
827
574

3,483
3,251
3, 598
3,608
2,957

3,760
3,372
3, 745
4,010
3, 132

4, 236
3,711
4, 355
4,129
3,413

8,732
2,220
6,512

8,898
2, 248
6, 650

9,214
2, 334
6, 880

9,697
2,291
7,406

9, 883
2,320
7, 563

10,231
2,408
7,823

2,930
3,665
2,679

3,072
3,8S9
2,796

3,258
4, 266
2,916

1, 624
411
46
112
473
157
425

1, 686
420
49
122
490
166
439

1,748
446
53
131
510
172
436

1,731
414
56
133
486
190
452

1,800
423
60
146
504
199
468

1,867
449
65
157
525
206
465

3,075
3,163
5,043
3, 795
3, 197
3,478
2, 301

3,276
3, 331
6, 143
3, 959
3, 355
3, 675
2,474

3, 463
3, 504
6,170
4, 160
3, 571
3, 855
2,601

2,608
1,349
166
208
479
139
77
29
161
1,280
688
49
520
23
5, 643
439
812
1, 658
37
342
99
226
238
779
138
102
365
196
212
7,068
3,049
1,445
1,604

2,646
1,373
156
197
530
126
76
27
161
1,269
667
53
527
22
5,921
432
805
1, 864
39
355
100
224
235
844
142
104
367
199
211
7,308
3,132
1,438
1,694

2,784
1,424
150
199
578
139
85
29
180
1, 306
692

2,734
1,349
166
211
575
146

535
22
6, 084
436
807
1,920
38
381
117
219
231
889
146
131
354
202
213
9, 205
4,920
1,796
3,124

29
181
1,285
688
54
520
23
6,253
471
870
1,849
44
409
126
250
295
779
154
102
365
215
324
7,125
3,049
1,445
1,604

2,783
1, 373
156
200
635
133
76
27
183
1,274
667
58
527
22
6,557
463
862
2,079
47
423
128
248
291
844
159
104
367
218
324
7,366
3,132
1,438
1,694

2,935
1,424
150
202
693
147
85
29
205
1,311
692
62
535
22
6, 736
463
864
2,142
46
454
150
243
286
889
164
131
354
222
328
9,264
4,920
1,796
3,124

3,556
3, 704
3,277
2, 755
3, 545
4, 144
3, 870
4,172
2,907
3, 153
2,907
4,469
3, 383
2,522
2,162
1,950
2, 185
1,409
3,213
3,690
3,465
2,912
2,361
1. 995
2,210
3,931
2,244
2,163
3,708
2,881
2, 969
3,326
2,648

3,701
3,787
3, 397
2, 873
3,802
4,413
4, 118
4 296
3,099
3,319
3, 033
4, 698
3, 569
2, 082
2, 203
1,988
2,247
1,414
3,410
3,865
3,610
2,911
2,421
2,107
2,289
4,106
2,311
2,276
3,896
3, 030
3 223
3, 543
2,951

4,044
4,190
3, 640
3, 045
4,043
4,813
4,424
4, 517
3,483
3, 555
3,217
5, 175
3,350
2,818
2,342
2,083
2,368
1,496
3,421
4,110
4,043
3,050
2, 550
2,209
2,411
4,511
2,407
2,406
4,150
3,121
3, 155
3,832
2,766

549
3,290
1,368
1,922

560
3, 432
1,430
2,002

574
3, 525
1,483
2,042

606
3,290
1,368
1,922

618
3,432
1,430
2, 002

633
3,525
1,483
2,042

3,129
2,739
2,830
2,674

3,204
2,812
2,924
2,731

3,481
2,991
3,103
2,909

180
5
39, 523

184
5
40,941

186
5
43,027

180
5
41,372

184
5
42,854

186
5
45,012

3,228
3,000
2,859

3,293
3,400
3,015

3, 565
4,200
3,281

Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous
Wholesale and retail trade
Wholesale trade
Retail trade and automobile services

1951

48, 254

Rubber products
Leather and leather products
Stone, clav, and glass products
Iron and steel and their products, including ordnance
Non ferrous metals and their products

Furniture and finished lumber products
Paper and allied products
Printing publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal

1950

2, 391
2, 268
70
23
30

511
453
727
689
229

. _

1949

1951

1950

46,596

14, 967
1,517
97
1,294
1, 181
637

_

1949

1951

14, 183
1 , 509
101
1,231
1, 155
580

-

Table 25.—Full-time and part-time Table 26. — Average annual earnings
employees
[Dollars]
[Data in thousands]

I

SURVEY OF CUREENT BUSINESS

23

Table 27.—Number of Active Proprietors of Unincorporated Enterprises, by Industry, 1949—51
Table 28.—Number of Persons Engaged in Production, by Industry, 1949-51
Table 29.—Corporate Sales, by Industry, 1949-51

All industries, total
Agriculture, forestry, and
fisheries
Farms
Agricultural and similar service establishments
Forestry
Fisheries
Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction

„

Table 27.—Active proprietors
[Data in thousands]

Table 28.—Persons engaged
[Data in thousands]

1949

1949

1950

10,750

10,564

10,322

4,875
4,655
173
4
43

4,607
4,381
177
4
45

4,283
4,054
180
4
45

7,266
6,923
243

47
9
2
7
22
7

46
9
2
6
22
7

46
9
2
6
22

1,131

1,210

Manufacturing
Food and kindred products
Tobacco manufactures
Textile-mill products
Apparel and other finished fabric products
Lumber and timber basic products

162
32
1
2
24
18

Furniture and finished lumber products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products
Leather and leather products
Stone, clay, and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products
Machinery, except electrical
Electrical inachinery
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous
Wholesale and retail trade
Wholesale trade
Retail trade and automobile services
Finance, insurance, and real estate
Banking
Security and commodity brokers, dealers and exchanges
Finance, n. e. c
Insurance carriers
Insurance agents and combination offices
Real estate
Transportation
Railroads
Local railways and bus lines
Highway passenger transportation, n. e. c_
Highway freight transportation and warehousing..
Water transportation
Air transportation (common carriers)
Pipe-line transportation
Services allied to transportation
Communications and public utilities
Telephone, telegraph, and related services..
Radio broadcasting and television
Utilities: electric and gas
Local utilities and public services, n. e. c _ _ .
Services
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies..
Business services, n. e. c
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures..
Medical and other health services
Legal services
Engineering and other professional services, n. e. c..
Educational services, n. e. c
Religious organizations
Nonprofit membership organizations, n. e. c
Government and government enterprises
Federal—general government
Federal—government enterprises
State and local—general government
State and local—government enterprises,.
Rest of the world
Addendum: All private industries.




j

Table 29.—Corporate sales
[Millions of dollars]

58,818

62,559

6,886
6,535
249
26
76

6,488
6,127
261
24
76

7

961
104
79
405
270
103

962
106
77
401
273
105

963
111
71
377
293
111

1,271

3,279

3,569

370,079

1,825 |
1,769

423,944

484,863

1,994
1,937

2,580
2, 528

20
36

40

6,565
927
409
1,875
2, 602
752

7,436
1,140
446
2,194
2,784
872

8,357
1, 425
490
2, 326
3,174
942

9,739

14,024

15,006
251,210
42,612
3,415
14, 864
9,681
4, 506
4, 564
8,400
7,696
18,331
22,946

155
24
1
2
23
19

14,345
1, 541
102
1,233
1,179
598

15,125
1,545
98
1,296
1, 205
655

16,297
1,574
104
1,276
1,213
699

184,479
35,395
3,141
10, 783
7,816
3,236

215,717
37,979
3,210
13,166
8,074
4,161

8
1
21
3
0

8
1
21
3
0

519
454
748
692
229

574
485
762
710
231

571
511
775
786

3,274
5,420
6,370
13,444
17,626

4,112
6,677
6, 669
16,052
19,512

0
2
7
6
6

0
2
7
6
6

236
390
494
1,668
430

250
395
525
1,837
458

270
381
563
2,034
494

3,048
2,926
3,961
17,578
6,402

4,103
3,081
5,038
22,120
8,184

17
1
1
1
11

18
1
1
1
11

1,353
779
461
744
495

1,403
889
448
811
548

1,673
1,021
696
828
585

13,421
8,285
3,836
14,904
3,613

15,233 !
11,284 !
3,940
18,824
4, 298

130,981
67,186
63, 795

145, 367
74,912
70, 455

164,658
89, 894
74, 764

158
28
1
2
24
18

|
j
!

I
j
20,123
12,819
5, 370
19,746
5,020

2,322
246
2,076

2,312
247
2, 065

2,300
251
2,049

11,054
2, 466
8, 588

11,210
2, 495
8,715

11, 514
2, 585
8, 929

339
14
11

344
1
14
11

352
1
14
11

210
103

214
104

221
105

1, 963
412
60
123
473
367
528

2,030
421
63
133
490
380
543

2,100
417
67
142
510
393
541

238
0
1
27
204

242
27
207

254
0
1
28
218

2,846
1,349
167
235
683

2,888
1, 373
157
224
737

3, 038
1,424
151
227

17,164
9, 356
443
1, 156
2,681

18, 783
10, 330
431
1,132
3,217

20, 564
11,322
444
1,168
3, 530

3
0
0
3

3
0
0
4

3
0
0
4

142
77
29
164

129
76
27
165

142
85
29
184

1,833
836
340
519

1,811
894
400
568

1,938
1, 066
474
622

2
1
0
5

2
1
0
5

2
1
0
5

690
50
520
28

1,277
669
54
527
27

1,314
694
58
535

10,859
3, 496
442
6, 735
186

11,892
3, 919
541 |
7,233 |
199 j

13,049
4, 338
684
7, 812
215

1,628
154
454

1,637
151
451

1,653
154
449

9,439
1,538
1, 642

4
106

7,737
590
1,256
1,920
42
487

8,731
1,424
1,520

3
102

7,558
583
1,256
1, 864
42
457

8,467
1,383
1,491

3
99

7,271
593
1,266
1, 658
40
441

682
2,136

757
2,328

742
2,654

317
12
34
302
143

325
12
34
304
145

334
13
34
300
147

416
238
272
1,081
281

425
236
269
1,148
287

451
232
265
1,189
293

266
1,857
652

279
1, 764
659

365
1,813
685

59
53

159
418
196
212

161
420
199
211

190
407
202
213

7,068
3,049
549
3,290
180

7,308
3,132
560
3,432
184

9,205
4,920
574
3, 525
186

53

0
1

5

5

5

50,273

51, 505

53,349

SUEVEY OF CURRENT BUSINESS

24

July 1952

Table 30.—Personal Consumption Expenditures, by Type of Product, 1949—51
[Millions of dollars]

1949
I. Food i and tobacco

1 63,145 I 65,748 !

1. Food purchased for off-premise consumption (ndc)
2. Purchased meals and beverages

43,376 | 45,726
11,679 11. 859

a. Retail, service, and amusement establishments
(ndc)
b. Hotels (ndc)
c. Dining and buffet cars (ndc)
d. Schools and school fraternities (ndc)
e. Institutions, clubs, and industrial lunchrooms
(ride)
i. Tips (ndc)
g. Less: noiiconsumer purchases included in lines
a-f (ndc)
_

10,320
1,073
73
322

II. Clothing, accessories, and jewelry
1.
2.
3.
4.
5.

_

491
413

592
451

988 | 1,004

1,099

1,431 | 1,533
2,393
2,232
4, 266 4, 398

2. 149
2,470
4,703

_

23,007 | 23,025

24,630

2. 958
Shoes and other foot wear (ndc)
249
Shoe cleaning and repair (s)
15,813
Clothing and accessories except footwear (ndc)
213
Standard clothing issued to military personnel (ndc)..
90
Fur storage arid repair (s)

III. Personalcare
Toilet articles arid preparations (ndc)
Barber shop services (s)
Beauty parlor services (s)
Baths and masseurs (s)

26. Domestic service (excluding practical nurses)
a. Cash payments (s)
b. Value of meals furnished (s)
27. Fire and theft insurance on personal property—net
payments (s) _
28. Miscellaiuteous household operation services (s) -

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.

3.295
247
16, 565
418
101

3. 080
241
1 5. 5.82

274
92

20 i
22
1,273 | 1.312
124 :
128

25
1, 385
137

16. Funeral and burial service (s)
17. Cemeteries and crematories (s)
18. Monuments and tombstones (dc).

! 2,216 | 2,303

2,415

1, 245
549
492
17

1,312

I;

844
6
9

' 1,193
i
521
;
486
I
16

]

26,451 ;

6. China, glassware, tableware, and utensils (dc)
7. Durable house furnishings, n. e. c. (dc)
8. Products of custom establishments, n. e. c. (dc)
9. Writing equipment (dc)
10. Net purchases from second-hand furniture and antique dealers (s)

27.383

2, 516

1,422

1,500

1,548 :

1,324

1, 436

1,511

23
117
75

11. Upholstery and furniture repair (s)
12. Rug, drapery, and mattress cleaning and repair (s)._13. Care of electrical equipment except radios and of
stoves (s)
14. Semidurable house furnishings (ndc)
15. Lighting supplies (ndc)

25

125
78 |

140
82

!

193
2,125

170
1,889

179
2,044

1,154

1,268

1,368

398
2,892

398
3.109 !

413
3,159

a. Purchased (ndc)
b. Produced and consumed on farms (ndc) -

2, 775
117

2,997 j
112 !




l

.

2,238
1,926
312

2,525 |
2,169
356

2, 343
28
255
32

i

2,751
2,343
408
77
33

10,145

j
'

1. Miners' expenditures for explosives, lamps, and
smithing (ndc)
2. Tools (dc)
3. Theatrical employment agency fees (s) _ _ .
4. Nontheatrieal employment agency fees (s)
5. Xet payments to labor unions (s)
6. Employees' dues and fees to professional associations (s)
7. Brokerage charges and interest, and investment
counseling (s) _ .
8. Trust services of banks (s)
9. Bank service charges for deposit accounts, check collection, and foreign exchange (s)
10. Safe-deposit box rental (s)

n

;

1,450 !
477 i

2,376 i
959 I
119 \

1, 570
541
2,520

!

42
109
98
40

93
44
114
111
41

1,723 !

1,963 ]

122
4
408

128
4
450

127
4
470

663
203
188

677
206
194

754
211
204

i 7,576 ! 8.741

9,502

47
117
122
44

2,140

12
125
22 !

13
140 ;
22 !

14
151
23

23 i
260 I

24 |
263

24
281
10

241 !
82 |
183 |
49 i

424
201 I
48

217
52

45

51

55

1,880
2,268
2 152
116
1,003
1, 261

2,100
2 555
2 431
124
1 081
1, 587

2,299
2,825
2, 690
135
1,124
1,774

54

55

62

38

23
41

24
45

19, 274

22, 526

21,788

15 995

19 305

18 415

New cars and net purchases of used cars (dc)_. 7,878
Tires and tubes (dc)
1 , ^, 1
Parts and accessories (dc)
..
.-. } l,oll
Automobile repair, greasing, washing, parking, storage, and rental (s) _
_. , ._
1 369
e Gasoline and oil (ndc)
4 635
f. Bridge, tunnel, ferry, and road tools (s)
67
g. Automobile insurance—net payments (s)
535

10, 237
2, 030

8,762
1, 967

1 478
4 928
70
562

1 670
5 330
' 76
610

2 094

2 084

2 087

1,422
586
79

1,390
608
79
7

1,366
632
83
6

Money-order fees (s) _
12. Services furnished without payment by financial
intermediaries except insurance companies (s)
13 Expense of handling life insurance
a Life insurance companies (s)
b. Fraternal and assessment associations (s)
14 Legal services (s)
15 Interest on personal debt (s) _ - - 16. Classified advertisements (s)
17. Net purchases from pawnbrokers and miscellaneous
second hand stores (s)
18 Personal business services, n. e. c. fs)._ _.

j

16. Cleaning and polishing preparations (ndc)
17. Miscellaneous household paper products (ndc).
18. Stationery and writing supplies (ndc)
19. Fuel (except gas) and ice

i

;

3, 350
1.140

Furniture (dc)
2,820 , 3,286
Floor coverings (dc)
964 j 1,128
Refrigerators, and washing and sewing machines (dc) _ .1
j
Miscellaneous electrical appliances except radios (dc) _ f 2, 403 j 3,021
Cooking and portable heating equipment (dc)
j
i

a. Electricity (s)
b. Gas (s)
c. Water(s)

244
31
955

1,398
431
2,267
931
113

VII. Personal business

1,103 !

; 10,757 12.006 | 13,369
;
|
i 5.517
6,002 ! 6,223
1.294
1.332
1,588
!
272
290 i
328
i
240 ;
247
257
j
'
;
I 23,540

20. Household utilities

Chiropractors (s)
Chiropodists and podiatrists (s)
Private duty trained nurses (s)
Pract ical nurses and mid wives (s)
Miscellaneous curative and healing professions (s)

1,472
88
880
7
10

18,080 | 19,877 j 21,765

V. Household operation

1,829
27
232
33
234

66
30

Drug preparations and sundries (ndc)
Ophthalmic products and orthopedic appliances (dc).
Physicians (s)
Dentists (s)
Osteopathic physicians (s)

1,357
81
841
6
9

IV. Housing..
1. Owner-occupied nonfarm dwellings—space-rental
value(s)
2. Tenant-occupied nonfarm dwellings (including lodging houses)—spacerent(s)
3. Rental value of farm houses (s)
4. Transient hotels and tourist cabins (s)
5. Clubs, schools, and institutions (s)

Telephone (s)
Telegraph, cable, and wireless (s)
Postage (s)
Express charges (s)
Moving expenses and warehousing (s)

11. Privately controlled hospitals and sanitariums (s)
12. Net payments to group hospitaJization and health associations (s)
13. Student fees for medical care (s)
14. Accident and health insurance—net payments (s)
15. Mutual accident and sick benefit associations—net
payments (s)

11. Miscellaneous personal services (s)
12. Jewelry and watches (dc)
13. Watch, clock, and jewelry repairs (s)

1.
2.
3.
4.
5.

11,453
1.162

|

21.
22.
23.
24.
25.

VI. Medical care and death expenses.

6. Cleaning, dyeing, pressing, alteration, storage, and
repair of garments, n.e.c. (in shops) (s)
7. Dressmakers and seamstresses (not in shops) (s)
8. Laundering in establishments (s)
9. Costume and dress suit rental (s)
10. Net purchases from second-hand clothing dealers (s)_.

1.
2.
3.
4.

10, 473
1,092
70
324

•HI,

3. Food furnished government (including military)
and commercial employees, and withdrawn by
nonfarm proprietors (ndc)
'
4. Food produced and consumed on farms (ndc)
5. Tobacco products and smoking supplies (ndc)

V. Household operation—Continued
51,579
12, 960

3,200 i 3,582 I
J
1, 746 j 1,955!
1,031
1,177
423 i
450 I

VIII. Transportation
1 User-operated transportation
a.
b.
c.
d.

2. Purchased local transportation..
3,996
2,190
1,336
470

a.
b
c.
d.

Street and electric railway and local bus (s) _ _ .
Taxicab — fares and tips (s)
Steam railway— commutation (s)
. -_
Ferry—foot passengers (s)
.

SURVEY OF CURRENT BUSINESS

July

25

Table 30.—Personal Consumption Expenditures, by Type of Product, 1949-51—Continued
[Millions of dollars]
1949

1950

1949

1951

VIII. Transportation—Continued
_„

_ _.

1,016

964

1. 102 i

470
43
318
151
26

416
41
303
174
23

469
40
333
231
21

169

173

184

10, 276

11, 330

11, 308

1, 802

1,671

1,604 I

1, 342
92

1 , 235
90

1, 166
90

72
66
9

70
55
8

70
51
9

7
37
106
59
5

6
36
103
57
4

6
38
103
56
7
8

__

233

207

224

3. Nonvending coin machines— receipts minus payoff (s)

152

150

I
150 i

4. Specified corn mercial participant amusements

394

402

413

128

125

121

80
32
34
103

83
33
35
108

86
32
37
116

9
8

10
8

12
9

6,311

7, 464

7, 383

638
1,288
8
1,017

611
1,338
9
1, 102

630
1, 373
9
1, 197

651

695

742

51
f Boats and pleasure aircraft (dc)
17
g. Boat and bicycle rental, storage, and repair (s) .
h. Radio and television receivers, phonographs,
parts and records (dc)
_ _ - i 1,992
i. Pianos and other musical instruments (dc)

64
18

68
18

Steam railway (excluding commutation) (s)__Sleeping and parlor car — fares and tips (s)
Intercity bus (s)
Air line (s)
__ _
_Coastal and inland waterway (s)_.. _ _
Baggage transfer, carriage, storage, and excess
charges (s)
_

4 Luggage (dc)
IX Recreation
1. Admissions to specified spectator amusements
a Motion picture theaters (s)
b Legitimate theaters and opera (s)
c. Entertainments of nonprofit organizations, except athletics (s)
d Professional baseball (s)
e Professional football (s)
f
g
h
i
j.
k

Professional hockey (s)
Horse and dog race tracks (s)
College football (s)
Other amateur spectator sports (s)
Ticket brokers' markup on admissions (s)
Purchase of programs (s)
--

2 Pari-rnutuel n e t receipts ( s )

_ _ . . . -

a Billiard parlors and bowling alleys (s)
b. Dancing, riding, shooting, skating, arid swimming places (s)
d Daily fee golf courses — greens fees (s)
e. Golf instruction, club rental, and caddy fees (s).
f Sightseeing busses and guides (s)
g Private flying operations (s)
a Books and maps (dc)
b. Magazines, newspapers, and sheet music (ndc) _
d. Nondurable toys and sport supplies (ndc)
e. Wheel goods, durable toys, and sport equipment (dc)

8

213

1 Photographic studios (s)
m. Collectors' net acquisitions of stamps and
coins (s)
-- -

5. Informal recreation— Continued
n. Hunting dog purchase and training, and sports
guide service (s) __ _ _ _
o. Veterinary service and purchase of pets (s)

29
56

30
58

6 Flowers seeds and potted plants (ndc)
7 Camp fees (s)
8 Clubs

658
42
460

689
44
471

758
47
489

a. Athletic and social clubs— dues and fees (s) . .
b. School fraternities — dues and fees (s)
c. Fraternal, patriotic, and women's organizations except school and insurance —net payments (s)
d. Luncheon clubs (s)
9. Commercial amusements, n. e. c, (s)
_

175
26

182
25

197
23

240
19
224

245
19
232

249
20
240

1, 663

1,793

1,847

774
498
118
28
180

804
571
134
29
189

795
620
130
29
206

65

66

67

1,762

1,857

1, 955

1, 053
655
19

1,125
666
19

1, 206
692
20

25
10

25
22

26
11

1, 164

1, 163

1, 373

1, 601

1,602

1, 863

107
697

107
786

124
76*

X Private education and research
1
2
3.
4
5
6.

Higher education (s)
Elementary and secondary schools (s)
Commercial, business, and trade schools— fees (s)
Correspondence schools— fees (s)
Other instruction (except athletics) — fees (s)
Foundation expenditures for education and research
(s)

XI Religious and welfare activities
1
2
3
4.

Religious bodies (s)
Social welfare and foreign relief agencies (s)
Museums and libraries (s)
Foundation expenditures (except education and research) (s)
5 Political organizations (s)
_
_.

XII Foreign travel and remittances — net
1. Foreign travel and remittances by United States
residents
- - - -_- a. Payments to United States vessels and aircraft (s)
b. Other foreign travel expenditures (s)
c. Expenditures by United States Government
personnel (military and civilian) (ndc)
d. Personal cash remittances to foreign countries (s)
2. Less: expenditures and remittances by foreigners
a Expenditures in the United States (s)
b. Personal cash remittances to the United
States (s)
Total personal consumption expenditures

2,848

2, 421

324

420

Durable commodities (dc)
Nondurable commodities (ndc)

98
245

102
256

117
288

11

12

12




27
55

Services (s)

i Expenditures for food (items 1-4) excluding alcoholic beverages are estimated as follows in millions of dollars: 1949 -50,959; 1950—53, 250; 1951—60,708.

210674°

1951

IX. Recreation — Continued

3 Purchased intercity transportation- - .
a.
b.
c
d.
e.
f.

1950

560

492

747

237

217

227

437

439

490

395

409

460

42

30

30

180, 588 194, 277

207, 972

29, 152

27, 120

_ _ 99, 223 102, 760

113,505

62, 365

67, 347

23.840
_ _ _

57, 525

SURVEY OF CUEEENT BUSINESS

26

July 1952

Table 31.—Ne\v Construction Activity, by Type, 1949-51 1

Table 34.—Supplements to Wages and Salaries, 1949-51

[Millions of dollars]

[Millions of dollars]

Total new construction activity,.
New private construction activity. .
Residential building (excluding farm)
New dwelling units
Additions and alterations _ _ _ _ _ _ _
Nonhousekeeping units

_ _

Nonresidential building (excluding farm)
Industrial buildings
Warehouses, office and loft buildings
Stores, restaurants, and garages.
Other nonresidential buildings
Religious
Ed-ucationaL
Hospital and institutional
Social and recreational.. _ _ _ ...
Miscellaneous

1950

22, 789

28, 749

31,025

16, 384

21,610

21, 684

8 267
7 257
825
185

1 2, 600
11 525
900
175

10, 973

3,228
972
321
706

3,777
1 , 062
402
886

5, 152
2, 117
544
827

1,229
360
269
202
262
136

1,427
409
294
344
247
133

1> 664
452
345
419
164
284

Public utility
Railroads
Telephone and telesraoh

3,323
352
533

9 4.38

3,330
315
440
2 575

Farm construction
Residential
Nonresidential

1,488
695
793

1,791
837
954

All other private
New public construction activity
Residential building
Nonresidential building .
Industrial
Educational _ - - _ - _ _
Hospital and institutional
Other nonresidential buildings

_

_ _.
_ __

Military and Naval
Highway
_ _
Sewer and water
Miscellaneous public service enterprises _
Conservation and development.
All other public
_
_

.

Petroleum and natural gas well drilling. __ _

_ . ._

1951

1949

1949

934
190

399

487

Total supplements to wages and salaries
Employer contributions for social insurance

Old-ase and survivors insurance
Federal unemployment tax

1950

1951

6,559

7,772 I

8,974

3,503

3,962 j

4,748

816
1,010
223

1,308 ;
1,217
234

1.662
1,464
270

Railroad retirement insurance _
Railroad unemployment insurance
Federal civilian employee retirement svstems

277
23
272

282
24
315

307
26
316

State and local employee retirement systems
Cash sickness compensation funds. _
Government life insurance

420

495
7
80

555
4
144

Other labor income

3,056

Compensation for injuries
Employer contributions to private pension and welfare
funds
other

'

459

Y

3,810

4,226

643

676

780

2, 059
244
110

2, 730
284
120

3, 041
282
123

1,800
850
950

78

112

64

6,405

7, 139

9, 341

359
2, 068
177
934
477
480

345
2,402
224
1,163
476
539

595
3,471
958
1,531
498
484

137
2, 131
619
203
793
95

177
2,381
671
186
881
96

1,019
2, 400
706
213
860
77

1,069

1,279

1,568

1

These construction data are as published by the Building Materials Division of the
National Production Authority in the May 1952 Statistical Supplement to "Construction
and Construction Materials." Revisions for the period 1947-49 have not yet been included
in the new construction series in the other tables of this report.

Table 32.—Producers' Durable Equipment
(Commodity detail for recent years is not available. For the period 1929-45 see 1951
National Income supplement to the SURVEY OF CURRENT BUSINESS.)

Table 33.—Net Change in Business Inventories, 1949-51

Table 35.—Employee Contributions for Social Insurance, 1949-51

[Millions of dollars]

[Millions of dollars]
1949

1950

Net change in business inventories, total
Farm
___
_ _ ____
Nonfarm _
_._

—2, 482
-873
-1,609

5,471
911
4,560

10, 336
938
99,398
398

Net change in nonfarm inventories
Corporate _ _
_ _
Noncorporate

—1,609
-1,496
-113

4,560
3, 212
1,348

99,398
398
8,885
513

-4, 322
-3, 578
-744

10, 615
8,027
2,588

11,074
11
074
10, 180
894

2,713
2, 082
631

-6,055
-4,815
-1, 240

—
-1,676
1 676
-1,295
—381
-381

—1,609
Net change in nonfarm inventories by industrial group
Manufacturing
_ _ . -1,476
-2, 704
Change in book value
1,228
Inventory valuation adjustment

4,560
1,889
5,144
-3, 255

9,398
8, 106
8,895
-789

Wholesale trade
Change in book value
Inventory valuation adjustment

122
-418
540

623
1, 658
-1,035

426
696
-270

Retail trade
Change in book value
Inventory valuation adjustment

-37
-762
725

1,982
3,294
-1,312

437
958
—521

-218
-438
220

66
519
-453

429
525
-96

Change in book value
Corporate
Noncorporate _

_.
_.

Inventory valuation adjustmentCorporate
Noncorporate - -

All other
Change in book value
Inventory valuation adjustment




_.

. __

__

- -

- -

1949

1951

1951

1950

2,234

2,889

3,416

Old-age and survivors insurance

816

1 308

1 662

State unemployment insurance

11

13

14

Railroad retirement insurance

277

282

307

Total employee contributions for social insurance

Federal civilian employee retirement svstems

350

371

391

State and local employee retirement systems

330

390

460

48

51

49

402

474

533

Cash sickness compensation funds
Government life insurance

SURVEY OF CURRENT BUSINESS

July

Table 38.—Reconciliation of Department of Commerce Estimates
of Corporate Profits with Bureau of Internal Revenue Tabulations, 1949
[Millions of dollars]

Table 36.—Transfer Payments, 1949-51
[Millions of dollars]

Total transfer payments

__

Federal Government
Benefits from social insurance funds
Old-age and survivors insurance benefits - _
State unemplovment insurance benefits
Railroad retirement insurance benefits
Railroad unemplovment insurance benefits
Federal civilian pensions
Government life insurance benefits.
Direct relief
Military pension, disability, and retirement payments. _
Adjusted compensation benefits
Mustering-out payments to discharged servicemen and
terminal-leave benefits
Readjustment, self-employment, and subsistence
allowances t o veterans..
_ _ _ _ _ _
Other
State and local government
Benefits from social insurance funds
Government pensions _ _
_
Cash sickness compensation

_ _ _ _ ___

Direct relief
Special types of public assistance
General assistance-- . -

_ __

Other
Business ...

.

_

Corporate gifts to nonprofit institutions
Consumer bad debts
Other

_ _ _ __ __

1949

1950

12,406

15, 132

12, 364

8,757

10, 884

8,643

3, 495
667
1,730
320
103
242
433

6, 132
961
1,367
337
60
278
3,129

4,398

2,402

2,479

2,441
1

2

27

1951

1,885
837
355
20
290
1,011

167

116

153

2,280
411

1,697
458

1,214
436

2,868

3,408

2,861

356
325
31

386
350
35

430
395
35

2,169
1, 889
280

2,346

2, 268

343

677

163

781

840

860

223
353
205

223
353
264

223
353
284

2, 055
291

2,076

192

Compiled net profit, B. I. R. 1
Plus depletion, B. I. R
Plus net capital loss, B. I. R
Plus net loss, sales of property, other than capital assets, B. I. R _ .
Less net capital gain, B. I. R
Less net gain, sales of property, other than capital assets, B. I. R
Less domestic dividends received, B. I. R
Less foreign dividends received, B. I. R
Plus "rest of the world" industry, Commerce
Plus profits disclosed by audit, Commerce
Less profits of mutual life insurance companies, based on B.I. R_

28,387
1,476
227
723
389
2,162
452
232
1,400
1, 556

Less profits of mutual nonlife insurance companies, B. I. R
Less foreign income tax on branch profits, Commerce
Plus State income taxes, Commerce
Plus profits of Federal Reserve banks, Federal Reserve Board
Less gross renegotiation refunds, B. I. R _ .

34
143
605
239

Less emergency amortization acceleration, Commerce-.
Plus war losses, Commerce
27,107
Profits before taxes, Department of Commerce
9,817
Less Federal income taxes, B. I. R
605
Less State income taxes, Commerce
525
Less taxes resulting from audit, Commerce
Plus tax refunds resulting from renegotiation, B. I. R
Plus tax refunds resulting from emergency amortization acceleration, Commerce•
193
Less income taxes, Federal Reserve banks, Federal Reserve Board
38
Plus taxes paid by mutual life insurance companies, based on B. I. R
15
Plus taxes paid by mutual nonlife insurance companies, B. I. R
Less unjust enrichment tax, Commerce
Less excess profits tax, Vinson Act, Commerce
127
Plus foreign income tax on dividend income, Commerce
Plus foreign income tax on branch profits, Commerce-.
Plus carry-back tax refund, Commerce

143

Profits after taxes, Department of Commerce
1

16,290

B. I. R.—Bureau of Internal Revenue.

Table 37.—Monetary and Imputed Interest, 1949-51

Table 39.—Major Items of Personal Income and Personal
Consumption Expenditures in Kind, 1949-51

[Millions of dollars]

[Millions of dollars]
1949

Net interest (component of national income)
Originating in private business
Monetary interest paid
Imputed interest paid
Less: Monetary interest received
Less: Imputed interest received
Originating in households and institutions.
Monetary interest paid
_

_

_.

Originating in rest of the world
Monetary interest received from abroad
Less: Monetary interest paid to abroad
Personal interest income (component of personal income) __
Net interest (component of national income)
Net interest paid by government
Monetary interest paid
_ _ _ __
Less: Monetary interest received- _




_ _

1950

1951

5,030

5,810

6,446

3,448

3 871

4,226

6,915
5, 397

7,629

8,508

7,498
1,366

5 942
8,215
1, 485

1,371
1,371

1,724
1,724

1,931
1,931

211
259
48

215
278
63

289
364
75

6 503
9,103
1,682

9,644

10,545

11,339

5,030

5, 810

6,446

4,614

4,735
6,428

4,893
6,670

6,200

1,586

1,693

1,777

1949

1950

1951

7,050

7,653

9,061

1,069
213
330

1,173
274
376

1,752
418
430

3,423

3, 587

4,008

1,880
135

2,100
143

2,299

2,510

2,344

2,572

2, 393
117

2,232

2,470

Personal consumption expenditures in kind not included in
personal income

4,609

5, 368

6, 044

Depreciation of owner-occupied farm and nonfarm
dwellingsTaxes on owner-occupied farm and nonfarm dwellings- _
Institutional depreciation

2. 056
2,310
243

2, 845
267

Personal income and consumption expenditures in kind
Food furnished government (including military) and
commercial employees
Standard clothing issued to military personnel
Meals furnished domestic servants and nurses
Net rent of owner-occupied farm and nonfarm dwellingsServices furnished without payment by financial intermediaries except insurance companies
Employees' lodging
Personal income and consumption expenditures partially
in kind
_ _ _
Food produced and consumed on farms
Fuel produced and consumed on farms

112

2,256

154

102

2, 533

3,228

283

SURVEY OF CURRENT BUSINESS

28

July 1952

Table A.—Gross National Product or Expenditure in Constant Dollars, 1929—51
[Billions of 1939 dollars]
! 1929 I 1930 i 1931 j 1932 j 1933 | 1934 ! 1935 | 1936 i 1937 ! 1938 | 1939 ! 1940 | 1941 1942 j 1943

Gross national product.
Durable goods
Nondurable goods
Services

8. 9 ! 5.7
5.0
40. 1 j 41. 3 42.6
25. 5 | 26. 5 I 27. 6 ! 28. 8 \ 30. 4

25. 1 I 24. 5

New construction
Producers' durable equipment
Change in business inventories

! 14.9

10.1 j 5.9

1.1

i 7. 4 I 5. 4 • 3.8
6.1 j 4.8 ; 3.3
1.5 j — . 2 | —1. 1

2.1

Net foreign investment

.6 I

Government purchases of goods and
services
Federal
State an d local

7.9 I 8.7
1.3. !
6.6 !

.

81.5

Gross private product'

1.5 I
7.3 !

9.9 | 13.7 I 17.1 I 9.3 |

.3

1.2

9.4

13.8

.7 I -.4

95.7

98.3 100.3 J103.2 108.5 108.4

20.3 : 19.3 \ 22.7 | 18.0 i 25. g

6.6 ; 8.3

38. 3
6.7

7.8

4.6

j—2.1 1—2.2 1—1.8 i

21.1 | 45.0 j 64.3 71.3

6. 1 I

1.6

4.7

5.4

86.3

4.6
5. 3 i 10.4 12.3 12. 6 i 12.9 ! 15.4 : 13.3
44. 5 ; 47. 9 i 50. 2 ! 49. 5 i 49. 7 | 50. 7 ! 51. 6 j 52. 4
32.0 I 33. 2 ; 35.2 . 36.4 : 38.0 ! 39.6 '• 41.5 ; 42.6

28.0

3. 3 ' 1.9 ! 2.0 ; 2.6 i 6.0 > 6.9 i 8.0 ; 7.9 > 9.8 i 9.2
4. 4 I 3. 6 i 5.1 ; 6. 7 ' 9.9 i 11.8 ! 12. 6 ! 1 1 . 4 i 13.1 i 13.6
1. 6 i -.1 i —. 5 — 1 . 0 : 4. 4 ' .6 i 2.1 1 - 1 . 3 ! 2. 8 ! 5.1

92.1

73.5 67.7 I 57.4 | 56.5 i 62.0 ! 67.6

Gross government product2 _ _ _ | 4. 4 j 4.6
1
2

67.5 i 71.3 I 76.6 j 75.8 ! 78.0 ! 81.1

51.1

j 8 . 0 s 6 . 4 ; 5.3 i 3.9
I 29.1 ! 27.7 27.5 I 25.2

Gross private domestic investment

1950 i 1951

91.3 i 100.0 1115.5 1129.7 J145.7 1156.9 153.4 -138.4 |138.6 143.5 ! 144.0 154.8 :167.3

85.9 | 78.1 i 72.3 j 61.9 I 61.5 67.9

Personal consumption expenditures... 62.2 i 58.6 ! 56.6 | 51.8

1944 i 1945 1946 i 1947 ; 1948 | 1949

58.2
6. 1

65. 4
6.0

2.7 ; 4.8 !

1.4

.0 i 2.0

60.6 ! 19.6 ! 16.1 | 19.2 i 22.2 20.6 i 28.9
54. 6 12.8
6.0 ! 6.8

10.9 !i 12.9 i 10.9 !i 18.9
8. 2
9.3 ! 9. 7 10.1

106.2116.5 ! 125.3 i 133.0 129.7 125.6 128.8 133.7 133.7 144.3 1154.0
9.3 i 13.1 j 20.3 j 23.9 23.7 12.8 ! 9.8 \

5.0

9.7 ! 10.3

10.5 i 13.3
!

Gross national product less compensation of general government employees.
Compensation of general government employees.

Table B.—Implicit Price Deflators for Gross National Product by Major Segments, 1929-51
[Index numbers, 1939=100]
1934

1935

1936 1937

120.9 116. 3 105.0

94.2

90.7

95.5

97.7

98.3 102.7 100.9 100.0 101.5 109.5 124.6 133.4 136.2 140.3 152.6 168.6 180.6 '179.4 183.6 196.8

Personal consumption expenditures. .. 126.5 120. 7 108.0

94.9

90.6

96.0

98.3

99.5 103.2 100.9 100.0 101.1 107.4 120.3 131.1 137.5 142.6 153.5 168.4 177.4 1 175.1 179.1 191.9

116.5 113. 3 104.8 93.5
129 7 123 1 105. 5 90.2
126. 0 120.0 111.6 100. 3

91. 5
89.2
92.0

96.1 95. 5 96.0 99.7 100.2 100.0 102. 3 109.2 124. 5 136.4 153. 4 160. 4 159.9 173.1 182.1 i 185.0 188. 7 203.4
99. 1 102.9 103.4 107.0 101.9 100.0 101.3 109.7 128.1 143.2 150. 7 156.5 171.2 192.1 202.9 J195.8 199.2 216.5
92.3 93.4 95.4 99.2 99. 7 100.0 100.4 103.4 108.4 113.3 116.8 119.7 126.4 134.6 142.5 1145.3 150.4 158.0

Durable goods
Nondurable goods
Services

1940

1941

1942

19451946 1947

1933

Gross national product

1939

1944

1932

1930

1938

1943

1931

1929

1948

1949

1950 1951

Gross private domestic investment

106.0 101.0

90.3

83.9

80.8

79.7

91.7

89.1 100.4 100.1 100. 0 102.0 107. 3 117.1 104.8 117.0 130.0 141.5 157.9 188.4 |185.9 195.5 209.3

New construction.
_ . _.
Producers' durable equipment
Change in business inventories

106.2 102.3
106. 0 102.0

93.1
97.0

79.5
91.9

77.2
89.8

85.6
94.7

87.0
94.4

89.4
94.3

Government purchases of goods and
107.5 104.8
services

97.6

91.1

91.9

97.0

97.4

98.4 102.1 100.2 100.0 101.1 117.2 132.8 137.8 135.3 136. 7 157.6 177.4 191.0 196.5 203.5 216.4

100.7 95.9
. . . 108.8 106. 6

95.9
98.0

89.6
91.4

88.2
93.2

97.0
97.0

96.7
97.7

98.9 103.4 100.0 100.0 100.9 122.7 135. 9 139.5 136.2 137.1 163.6 185. 2 192.4 196.7 204.2 216.9
98.1 101.3 100.4 100. 0 101. 3 106.7 115. 0 121.5 125.9 132.9 146.3 168.6 189.1 196.0 202.7 215.5

122.0 117.4 105.3

93.9

90.4

95.5

97.9

98.4 102.9 100.9 100.0 101.6 110.2 125.5 134.4 136.0 138.2 151.5 168.5 180.7 178.6 182.4 196.0

97.6

94.1

95.1

95.0

97.5

98. 1 99.5 100.0 102.7 110. 9 120. 5 132.8 141.8 149.7 170.3 202.2 222.2 1219.2 234.4 251. 5
99. 0 100. 9 100.0 102.1 106.9 110.1 111.9 111.5 113.1 124.9 144.6 157.8 1163. 5 167. 3 183. 7

Net foreign investment

Federal
State and local

.__

Gross private product J ,

Gross government product 2 _. . 99.5
1
2

99.4 100.2

99.8 100.9 100.0

99.6 100.8 116.6 127.2 137.2 151.7 162.8 170.0 179.3 189.0 199.4 206.5

Gross national product less compensation of general government employees.
Compensation of general government employees.
Table 40.—National Income by Distributive Shares, Quarterly, 1949—51
[Billions of dollars]
1949

National income

.

Compensation of employees
Wages and salaries
__
Private
Military
Government civilian
Supplements to wages and salaries
Proprietors' and rental income
Business and professional
Farm
Rental income of persons

_ _

II

III

IV

Year

i

11

III

IV

Year

I

II

III

IV

..

54.2

53.9

54.3

53.8

216.3

53.7

57.8

62.2

65.5

239.2

66.1

68.7

70.6

72.2

277.6

34.9
33.2
28.1
1.0
4.1
1.7

35.0
33.4
28.5
1.1

. _

34.5
32.9
27.9
1.0
4.0
1.6

1.7

35.5
33.9
28.5
1. 1
4.3
1.6

139.9
133.4
113.0
4.2
16.1
6.6

34.9
33.0
27.7
1. 1
4.2
1.9.

37.1
35.2
29.8
1.1
4.3
2.0

39.5
37.5
32.2
1.2
4.0
2.0

41.8
39.9
33.7
1.6
4.6
1.9

153.4
145.6
123. 4
5.0
17.2
7.8

42.5
40.2
33.6
1.8
4.8
2.3

44.4
42.1
35.0
2.1
5.0
2.3

45.5
43.3
36.1
2.3
4.9
2.2

46.4
44.3
36.5
2.4
5.4
2.1

178.9
169.9
141.2
8.6
20.1
9.0

10.9
5.4
3.6
1.9

10.6
5.4
3.2
1.9

10.3
5.4
3.0
1.9

10.3
5.4
3.0
2.0

42.1
21.6
12.8
7.7

10.6
5.5
3.1
2.0

10.8
5.8
3.1
2.0

11.7
6.2
3.5
2.1

12.0
6.2
3.7
2.1

45.2
23.7
13.3
8.2

12.4
6.6
3.8
2.1

12.2
6.5
3.6
2.1

12.7
6.5
4.0
2.3

13.3
6.7
4.2
2.4

50.6
26.2
15.6
8.9

7.5
7.4
3.0
4.5
.1

7.3
6.3
2.5
38
1.0

7.7
6.9
2.8
4.1
.8

6.7
6.5
2.6
3.9
.2

29.2
27.1
10.8
16.3
2.1

6.8
7.1
3.3
3.8
-.3

8.4
8.9
4.1
4.8
-.5

9.5
11.3
5.3
6.1
— 1.8

10.1
12.3
5.7
6.6
-2.2

34.8
39.6
18.4
21.2
-4.8

9.5
11.9
6.7
5.1
-2.3

10.4
10.9
6.2
4.7
-.5

10.8
10.0
5.6
4.3
.8

10.9
10.1
5.7
4.4
.8

41.6
42.9
24.2
18.7
-1.3

_ _ __
- _-

_

- -

Addendum : Compensation of general government employees.




1951

I

Corporate profits and inventory valuation adjustment
Corporate profits before tax
Corporate profits tax liability
Corporate profits after tax
Inventory valuation adiustment
__ Net interest

1950

0

0

Year

1.2

1.2

1.3

1.3

5.0

1.4

1.4

1.5

1.5

5.8

1.6

1.6

1.6

1.6

6.4

4.8

4.9

4.6

5.1

19.4

5.0

5.1

4.9

5.8

20.9

6.3

6.8

6.8

7.4

27.4

SURVEY OF OUERENT BUSINESS

July 1!>.~>2

29

Table 41.—National Income by Distributive Shares, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949—51
[Billions of dollars]
1949

National income
Compensation of employees
Wages and salaries
Private
_
Military
Government civilian
Supplement to wages and salaries

I

II

III

IV

Year

221.2

215.7

215.5

212.7

216.3

140.9

139.8
133 3
113 1

139.4
132 8
112 2

139.7
132 9
112 0

139.9
133 4
113 0

16 1

6.5

16 4
6 6

16 4
6 8

134 5
114. 7
4.2
15 7

._ _

6.3

4.1

1951

1950

4.5

4.2

I

II

III

IV

Year

I

II

III

IV

218.9

231.3

247.2

259.4

239 2

269.6

274.8

280.2

285.6

277.6

148.7
141 2
120 1
4 3
16 8
7 5

165
157
132
6
17
8

4
0
7
3
9
4

153
145
123
5
17
7

4
6
4
0
2
8

172.9
163 9
137 6
7 4
18 9
8 9

178.2
169 3
141 2
85
19 6
90

181.0
172 1
142 0
9. 1
21 0

183.4
174 3
143 8

178.9
169 9
141. 2

16 1
6 6

142.0
134 8
113 9
4 4
16 4
7 2

157.4
149 5
127 1
4 9
17 5
7 9

20 9
9 1

20 1

8.9

42.6
22 1
12 4
80

43.4
23 2
12 2
7 9

46.8
24 6
13 9
83

48
24
14
8

0
7
8
5

45
23
13
8

2
7
3
2

49
26
15
8

7
2
1
5

49.0
26 0
14 4
85

50.8
26 0
15 8
9 i

53.1
26 6
17 0
9 4

50.6
26 2
15 6
8 9

5
5
5
0
0

37.0
44 3
20 6
23 7
—7 2

39
48
22
26
—8

8
4
5
0
6

34
39
18
21
—4

8
6
4
2
8

40
50
28
21
—9

7
1
4
7
4

41.2
43 3
24 5
18 8
—2 1

41.9
38 6
21 8
16 9
3 2

42.5
39 5
22 2
17 3
30

41.6
42 9
24.2
18 7
— 1.3

4.2

Year

9.6

8.6

9.0

Proprietors' and rental income _ . _ .
Business and professional
Farm
Rental income of persons

43.8
21 8
14 4
7 5

42.2
21 7
12 8
7 7

41.2
21 5
12 0
7 8

41.3
21 6
11 8
7 9

42.1
21 6
12 8
7 7

Corporate profits and inventory valuation adjustment
Corporate profits before tax
Corporate profits tax liability
Corporate profits after tax
Inventory valuation adjustment __ _

31.8
31 3
12.5
18 8

.5

28.7
24 7
9 9
14 8
4 0

29.8
26 6
10 7
16 0
31

26.5
25 8
10 3
15 5

7

29.2
27 1
10 8
16 3
2 1

4.8

50

51

53

50

55

57

59

6 2

58

6 3

6 4

6 5

6 6

6.4

18.9

19.2

19.6

20 0

19.4

19 7

19 8

21 0

22 9

20 9

25 1

26 8

28 6

29.0

27.4

Net interest

_ _

Addendum: Compensation of general government employees
__
__.
__

28
30
14
16
—1

8
2
0
2
4

33
35
16
19
—2

Table 42.—Gross National Product or Expenditure, Quarterly, 1949-51
[Billions of dollars]

1949

Gross national product

.

Personal consumption expenditures.
Durable goods
Nondurable goods ._
__
Services
... _ _ _ _ _ _

. __

I

II

III

..

63.1

62.8

___

42.1
4 9
23. J
14.2

44.7
5 7
24.6
14.3

10.2
36

6.5
4.2
5.0

4 8

._ .

Gross private domestic investment .
New construction
Producers' durable equipment-Change in business inventories—-total
Nonfarm only

4.6
2.0
2.0

Net foreign investment
Government purchases of goods and services
Federal
National security
National defense
Other national security. .Other
Less: Government sales.
_ _ _ .
State and local

1950

.3

.3

10.5

11.3

6.4
4 8

.

6.6

5 1

3.4
1.4
1.6

3.5
1.7
1.6

4.1

4.6

.1

_ _

—2.7
—2.4

.1

IV

Year

64.6

67.7

258. 2

64.1

44.1
6 0
23 8
14 3

49.7
7 3
27 7
14.7

180.6
23 8
99 2
57.5

43.7
5 7
22 9
15 1

9.6

7.2
47
4.5

33.5
17 2
18 7
—2.5
—1 6

10.7
4 3
4 4

10.4
5 6
5 3

2 0

__ 7

.5

— 4

— 4
10
5
4
3

4.6
2
5

—2.0
—1 7

I

o

— 1

9
3
9
4

10 9
6. 1
4 4
3 3

16

18
.1

6 6

.4

10 0
5 5
4 2
31
1. 1
13
.1

4.8

18.2

4.5

10
6
4
3

1.5

.2
4.7

1.2

43
25
19
13

6
4
3
6

5.7

III

IV

66.9

73.3

46.7
6 4
24 8
15 6

49.9
8 5
25 7
15 6
14.2
69
6 2
1. 1

II

2.0

1951

8

2
2
3
1

10 1
5. 1
4 4
3 4

.1

.l

5.0

5.0

1.3
9

.9
8

Year

I

79 9

284 2

79.2

80 1

81 8

88 2

329 2

53
8
29
16

9
5
4
1

194
29
102
62

3
2
8
4

50
7
26
16

0
0
4
6

50
6
27
16

4
4
2
8

50
6
27
16

5
3
5
7

57
7
32
17

0
5
4
2

208
07
113
67

0
i
5
3

15 1
6 2
6 1

3
9
0
5
6

17
5
6
5
5

3
2
4
6
3

14.6
59
6 6
2 1
18

14
6
5
2
1

1
3
8
0
8

12 5
5 8
6 1

2 5

50
22
22
5
4

58
23
24
10
q

5
3
<)
3
4

— 6

—2 3

2

7

11 5
6 4
5 6
4 6
10

41
22
18
14
4
3

16
11
10
9

9
4
4
6

17 9
12*2
11 1
10 2

1 1

1 3

62
40
37
33
3
4

6
9
1
7
4
2

8
1
5.2

9
2
5
2
3
9

2

19 7

II

— 7
12
7
6
6

6
7
9
1

8
9
1
4.9

III

0
15
9
8
7

1
6
7
8

.9
9
1
5.5

IV

8
1

5 5

Table 43.—Gross National Product or Expenditure, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949—51
[Billions of dollars]

1949

Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods - _ _ . _ _ . _ _
Services

_ ._.

Gross private domestic investment
New construction
Producers' durable equipment-Change in business inventories — total
Nonfarm only, ...
. . .. _ _ .

- ...

Net foreign investment
Government purchases of goods and services
Federal
_ .__
_ _ _ _ _ _ _ _ _
_._
... - _
National security
National defense
- _ _ - _ _ ._ _
Other national security
Other
Less: Government sales- _ - _
___
State and local




1950

1951

i

I

II

III

260.6

258 6

256 9

256 8

258 2

263 5

277 8

291 3

178.7
22 4
100. 1
56 3

180.2
23 6
99 6
57 0

180
24
98
57

5
5
1
9

183
25
99
58

0
0
1
9

180
23
99
57

6
8
2
5

184
26
98
60

9
0
7
1

189
26
100
61

3
7
8
8

203
34
106
63

5
2
2
1

37 5
17 1
19.2

32 6

32 7
16 9
18.3
—2 6
—1 2

31
18
18
—5
—4

0
2
2
4
2

33
17
18
—2
—1

5
2
7
5
6

39
20
IS
—
—

0
8
5
2
1

50 0

50
24
24
2

g
3
4
1

5

—1 7

—1 6

—3 2

—2 7

6
4
3
6
7
6

41 3
21 9
16 9
12*5
4 3

4

53
3

40
20
17
12
5
3

40
20
17
13
3
3

45
25
22
18
3
3

18 2

19 4

19 3

1.2
1.1

19.1
—3 2
—2. 1

IV

1.2

1.3

43.2
25.6
19 3
13.6
58

44.5
26.6
20 5
13 9
6 6
6 3

43
25
19
13
5
6

17 5

18 0

18 5

6.6
.3

.3

.2
6
1
4
6
9
4

' Year

—.5
43
24
17
13
4
7

3
5
8
1
7
0

.3

18 8

43
25
19
13
5
6

I

III

II

22* 2
21 4
6 4
5 4

1
8
3
2
1
8

Year

I

304 2

284 2

319 6

32

199
29
105
64

4
7
3
4

194
29
102
go

3
?
8
4

210 5
31 3
113 3
65 9

20
2
11
6

61
24
23
13
12

6
2
8
6
2

50
22
22
5
4

3
9
0
5
6

IV

8

1
5
4
7
7
3

19 7

9
5
4
5
9
3

3

20 4

—2 3
41
22
18
14
4
3

9
2
5
2
3
9

2

19' 7

59
24
24
10
9

I

8
7
8
3
0

g
2
2
]_(
lt

—2 7
9
8
6
3
3
5

5(
3£
3^
3]

21 1

2]

51
30
27
24
3
3

3

Year

7
5

9

1
5.7

2

4

21 7

SURVEY OF CURRENT BUSINESS

30

July 1952

Table 44.—Disposition of Personal Income, Quarterly, 1949—51
[Billions of dollars]

1949

1950

1951

I

II

III

IV

Year

I

II

III

IV

Year

i

II

III

IV

50.9

51.4

50.9

52.7

205.9

53.6

54.6

57.0

61.2

226. 3

60.4

62 7

63 9

67 0

254 1

7.3
6.6
7

3.4
2.7

4.3
3.8
6

3.6
3.1

18. f)
16.2
2 5

7. 1
6.3
8

4.0
3.3

4.9
4.3
6

4.8
4.3
6

20 8
18.1
2 7

10 7
9.8
9

5 9
5. 1
8

6 6
5.9

6 0
5.3

29 1
26. 1
3 0

Equals: Disposable personal income

43.6

48.0

46.6

49.0

187.2

46.5

50.6

52.1

56.3

205 5

49 7

56 9

57 3

61 1

225 0

Less: Personal consumption expenditures

42.1

44.7

44.1

49.7

180.6

43.7

46. 7

49.9

53.9

194 3

50 0

50 4

50 5

57 0

208 0

1.5

3.4

2.4

6.7

2.8

3.8

2.2

2.4

11 2

— 3

6 5

6 8

4 0

17 C

Personal income
Less: Personal tax and nontax payments
Federal
State and local

Equals; Personal saving

Year

Table 45.—Disposition of Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949-51
[Billions of dollars]

1950
I

II

III

IV

Year

I

II

III

207.5

206.0

204.7

205.5

205.9

217.8

219.0

18.7
16.3
2 4

18.6
16.2
2 4

18.6
16. 1
2 5

18.6
16. 1

18.6
16 2
2 5

19.3
16.7
2 6

19.8
17 2
2 7

Equals: Disposable personal income

188.8

187.3

186. 1

186.9

187.2

198. 5

Less: Personal consumption expenditures

178.7

180.2

180. 5

183.0

180. 6

184.9
"

10.1

7.1

5.6

3.9

6.7

13.6

Personal income

_._

_

_

Less: Personal tax and nontax payments
Federal
State and local

Equals: Personal saving

__

___

1951
IV

Year

I

II

III

229.0

239. 5

226. 3

246.2

251.9

256.1

262.0

254.1

20.6
17.8
2 7

23.5
20 8
2 8

20.8
18 1
9 7

28.2
25 3
2 9

28.7
25 8
30

29.0
26 0
30

30.4
27 3
31

29 1
26.1
3C

199. 1

208. 5

216. 0

205. 5

218. 0

223.2

227. 1

231.5

225. C

189. 3

203.5

199.4

J94. 3

210.5

204. 5

206. 4

210 5

208. C

98

4.9

16.6

11.2

7.5

18.7

20. 7

21. 1

17. C

IV

Year

Table 46.—Relation of Gross National Product, National Income, and Personal Income, Quarterly, 1949-51
[Billions of dollars]

1949

1951

1950

I

II

III

IV

Year

I

II

III

IV

Year

I

II

III

IV

63. 1

62.8

64 6

67.7

258.2

64.1

66.9

73.3

79.9

284.2

79.2

80 1

81 8

88 2

329.2

4 6
5.1
.2
—1.0

4 8
5.3
2
—1.5

4 9
5.6
.2
—.4

5 0
5.7
.2
3.0

19.4
21.6
.8
.2

5 1
5.4
.2
—.3

5 3
5.8
.2
—1.9

5.5
6.4
.2
—1.0

5 6
6.2
.2
2.5

21.5
23.8
.8
-.7

5.9
6.2
.2
1.0

6 1
6.1
.2
-.8

6 2
6.3
.2
—1.6

6.5
6.6
.2
2.7

24.6
25.3

.0

o

—. 1

.0

.0

.1

.2

o

.1

.4

.2

.3

.0

.0

.5

54.2

53.9

54.3

53.8

216.3

53.7

57.8

62.2

65.5

239.2

66.1

68.7

70.6

72.2

277.6

Less: Corporate profits and inventory valuation adjustmentContributions for social insurance _
_
Excess of wage accruals over disbursements

7.5
1.5
.0

7.3
1.5

7. 7
1.4
.0

1.3
.0

29.2
5.7
.0

6.8
1.8
.0

8.4
1.8
.0

9.5
1.7
.0

10.1
1.6
.0

34.8
6.9
.0

9.5
2.2
.0

10.4
2.2
.0

10.8
2.0
.2

10.9
1.8

41.6
8.2
.0

Plus* Government transfer payments
Net interest paid by government
Dividends
_
Business transfer payments
_

2.8
1.0
1.7
.2

2.9
1.4
1.7
.2

2.9
1.0
1.6
.2

3.0
1.2
2.4
.2

11.6
4.6
7.5
.8

5.3
1.1
1.8
2

3.6
1.4
1.8
2

2.7
1.1
2.1
.2

2.8
1.2
3.2
.2

14.3
4.7
9.0
.8

2.8
1.1
2.0
.2

2.9
1.4
2.1
.2

2.9
1. 1
2. 1
2

2.9

1.3
2.8
.2

11.5
4.9
9.0
.9

50.9

51.4

50.9

52.7

205.9

53.6

54.6

57.0

61.2

226.3

60.4

62.7

63.9 i

67.0

254.1

Gross national product
Less* Capital consumption allowances
Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy

__

Plus: Subsidies less current surplus of government enterprises
Equals : National income

-

_ _

_
_

Equals: Personal income

Year

—. 2

Table 47.—Relation of Gross National Product, National Income, and Personal Income, Seasonally Adjusted Quarterly Totals at Annual
Rates, 1949-51
[Billions of dollars]

1951
I

II

III

IV

284.2

319.6

329.3

330.9

337.1

329.2

21.5
23 8
.8
-.7

23.4
9
57
.9
.7

24.3
24 7
.9
5.7

25.0
25 0
.9
.0

25.8
25 8
.9
-.8

24.6
25 3
.9
1.4

.4

.4

.7

1.1

.1

2

.5

247.2

259.4

239.2

269.6

274.8

280.2

285.6

277.6

33.5
6.7
.0

37.0
6.9
.0

39.8
7.3
.1

34.8
6.9
.0

40.7
8.1
.1

41.2
8.2
_ 9

41.9
8.1
.8

42.5
8.3
-.6

41.6
8.2
.0

21.0
4.7
7.8
8

14.2
4.7
8.1
.8

11.0
4.8
9.3
.9

11.1
4.8
10.7
.9

14.3
4.7
9.0
.8

11.3
4.8
8.6
.9

11.6
4.9
9.0
.9

11.6
4.9
9.2
.9

11.5
5.0
9.3
.9

11.5
4.9
9.0
.9

217.8

219.0

229.0

239.5

226.3

246.2

251.9

256.1

262.0

254.1

I

II

III

IV

Year

I

II

III

IV

260.6

258. 6

256.9

256.8

258.2

263. 5

277.8

291.3

304.2

18.5
20 9
.8
-.7

19.2
21 5
.8
1.6

19.6
22 1
.8
— 1.3

20.2
22 0
.8
1.0

19.4
.8
.2

20.5
29 3
.8
1.4

21.1
23 3
.8
2.1

22 1
25" 2
.9
-4.0

22.4
24 2
.9
-2.3

.1

.2

-.2

-.1

.0

.4

.9

.1

221.2

215.7

215.5

212.7

216.3

218.9

231.3

Less: Corporate profits and inventory valuation adjustmentContribut'ons for social insurance
Excess of wage accruals over disbursements

31.8
5.8
.1

28.7
5.7
-.3

29.8
5.7
.0

26.5
5.7
.0

29.2
5. 7
.0

28.8
6.6
.0

Plus* Government transfer payments
Net interest paid bv government
Dividends
Busines? transfer payments

11.2
4.6
7.4
.8

11.7
4.6
7.3
.8

11.9
4.6
7.3

s

11.8
4.6
7.8
.8

11.6
4.6
7.5
.8

207.5

206.0

204.7

205.5

205.9

Gross national product

__

_

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

Equals * Personal income




_.- - --

9] 0

Year

Year

SURVEY OF CURRENT BUSINESS

July 10H2

31

Table 48.—Personal Income, Seasonally Adjusted Monthly Totals at Annual Rates, 1949-51
[Billions of dollars]
Wage and salary receipts

Year and month

Wage and salary disbursements

Personal
income
Total

CommodTotal dis- ity produc- Distribuinindus- Service
bursements ing indus- tivetries
dustries
tries

Government

Dividends
Transfer
Less em- Other labor Proprietors'
and perand rental sonal
ployee con- income
inter- payments
income
tributions
est income
for social
insurance

Nonagriculturai
income

1949
January
February
March
April
May
June
July

_ _

\ugu^t
September
October
November
December
Total

210.0
206. 3
206.1
205.9
206.2
205.8

133.6
132.1
130.6
131.8
131.7
130.7

135.9
134.4
132.9
134. 0
133. 9
133. 0

60.0
58.9
57.3
57.4
56.9
56.3

39.0
38.8
38.6
39.3
39.5
39.1

17.1
16.9
17.1
17.2
17.4
17.2

19.8
19.8
19.9
20.1
20.1
20.4

2.3
2.3
2.3
2.2
2.2
2.3

2.8
2.9
2.9
3.0
3.0
3.0

45.5
42.8
42.9
41.8
42.2
42.6

16.8
16.8
16.8
16.8
16.9
17.0

11.3
11.7
12.9 i
12.5 1
12.4
12.5

189.3
188. 5
188. 3
189. 0
188.8
188. 1

204.0
204.9
205.2
202.9
204.4
209.0

130.6
130.4
131.0
129.5
130.4
132.1

132.7
132.6
133.2
131.7
132.6
134.3

55.9
56.3
56. 5
54.7
55.6
57.1

38.9
38.9
39.0
38.7
38.6
38.9

17.2
16.9
17.1
17.4
17.4
17.4

20.7
20.5
20.6
20.9
21.0
20.9

2.1
2.2
2.2
2.2
2.2
2.2

3.1
3.1
3.1
3.2
3.2
3.3

40.7
41.7
41.3
41.0
41.1
41.7

17.1
17.0
17.0
17.0
17.1
18.9

12.5
12.7
12.8
12.2
12.6
13.0

187.7
188.1
189.1
186.8
188. 6
192.4

205.9

131.2

133.4

56.9

38.9

17.2

20.4

2.2

3.1

42.1

17.1

12.4

188.7

215.2
216.7
221.4
217.6
218. 4
221.0

131.6
131.1
133. 5
135.9
138. 2
141.2

134. 4
133.8
136.3
138.6
141.0
144.1

57.0
56. 2
58. 1
59. 6
61.4
63.0

38.9
38.9
39.4
39.7
40.2
41.2

17.6
17.8
17.8
18.1
18.4
18.6

20.9
20.9
21.0
21.2
21.0
21.3

2.8
2.7
2.8
2 7
2^8
2.9

3.3
3.4
3.5
3.6
3.7
3.7

44.1
41.7
41.9
42.6
43.7
43.8

17.7
18.0
18.1
18.3
18.5
18.7

18.5
22.5
24.4
17.2
14.3
13.6

196.7
200.7
205.6
201.2
201.6
204.7

224.9
229 2
233.2
234.8
237.3
246.6

143.1
147.1
149.7
152.0
153.5
155.8

145. 9
150.1
152.5
155.2
156.6
158.8

63.9
66.2
67.2
69.1
69.7
71.0

41.8
42.8
42.9
43.2
43.1
43.6

18.7
18.8
19.0
19.2
19.4
19.5

21.5
22.3
23.4
23.7
24.4
24.7

2.8
3.0
2.8
3.2
3.1
3.0

3.8
3.9
4.0
4.1
4.2
4.3

46. 9
47.2
46.4
46.9
48.0
49.2

18.9
19.1
21 8
19.6
19.7
25.5

it 9
11.3
12.2
11.9
11.8

206. 3
210.7
215. 0
216.2
217.5
226.4

226.3

142.7

145.6

63.5

41.3

18.6

22.2

2.9

3.8

45.2

19.5

15.1

208.5

245.6
245 5
247.3
250.0
251.4
254.3

158.1
160.4
162.4
164.4
165.3
168.2

161. 6
163. 7
166. 0
167. 7
168.9
171.6

72.0
72.9
74.0
74.9
75.1
75.4

44.2
44.8
45.0
45.3
45.5
47.0

19.8
19.7
20.0
20.1
20.3
20.4

25.6
26.3
27 0
27.4
28.0
28.8

3.5
3.3
3.6
3.3
3.6
3.4

4.2
4.2
4.2
4.2
4.2
4.2

51.3
49.2
48.7
49.1
49.0
48.8

19.5
19.7
20.0
20.3
20.3
20.4

12.5
12.0
12.0
12.0
12.6
12.7

224.9
226.5
228. 5
230.5
232. 5
235. 4

254.5
256. 7
257.3
261.7
260. 9
263.4

167.3
167.9
168.8
170.5
171.3
172.6

170.7
171.2
172.1
174.0
174.8
176.0

75.0
74.8
75.7
75.9
75.8
77.5

46.3
46.5
46.3
46.5
46.5
46.7

20.4
20.4
20.4
20.7
20.8
20.8

29.0
29.5
29.7
30.9
31.7
31.0

3.4
3.3
3.3
3.5
3.5
3.4

4.2
4.2
4.2
4.3
4 2
4^3

50.1
51.5
50.9
53.4
52.5
53.3

20.4
20.5
21.0
20.8
20.5
21.1

12.5
12.6
12.4
12.7
12.4
12.1

234. 0
235.5
236.4
239.1
239.5
240.7

254.1

166.5

169.9

74.9

45.9

20.3

28.7

3.4

4.2

50.6

20.4

12.4

233.6

1950
January
February
March
April
M!ay
June

- -

- -

July
August
September
October
November
December

--

-- ---

_ __

Total

1951
January
February
March
April
May
June
July
August
September
October
November
December
Total

-- -

Corrections for 1951 National Income supplement to the Survey of Current Business

The following substitutions should be made in the National Income supplement:
Page

42 Seventh line from the end of the first column: "stock
life" for "life." The line should read, "that the
operating expenses of stock life insurance companies
are."
80 Eleventh, twelfth, and thirteenth lines from the end of
the first column: For "increased * * * non-landlords," substitute "show gross rent or rent classified by
property type, it has not been possible to reconcile the
net rent figures from this source with these other data."
157 Income originating in households and institutions,
Supplements to wages and salaries, 1948-50: In "Employer contributions" line, substitute 17. 17, 21 for 30,
36, 41; In "Other labor income" line, substitute 30,
36, 41 for 17, 17, 21.




Page

158 All-industry total, 1936: 64,719 for 66,941. Agriculture, forestry, and fisheries, 1936: 5,327 for 7,549.
Farms, 1936: 5,192 for 7,414.
164 All-industry total, 1936: 10,062 for 12,284. Agriculture, forestry, and fisheries, 1936: 3,913 for 6,135.
Farms, 1936: 3,868 for 6,090.
170 Services—amusement and recreation, except motion
pictures, 1932: -30 for -3.
174 Manufacturing—Furniture and finished lumber products, 1933: -26 for -24. Manufacturing—Printing,
publishing, and allied industries, 1933: -9 for -11.
Services—Hotels and other lodging places, 1929: -7
for -5. Services—Amusement and recreation, except
motion pictures, 1929: -10 for -12.

i lew or

STATISTICAL SERIES

Department-Store Stocks—United States: Revised Series for Page S—10 J
[1947-49-100]

1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944

Month

1945

1946

1947

1948

1949

1950

WITHOUT ADJUSTMENT FOR SEASONAL VARIATION
January _
February
March
April
May ..
June

__ _ _

July
August
September
October.
November
December _ _

_ ___

Year

30
32
34
34
34
33

40
44
49
50
49
48

37
38
41
42
41
40

37
39
43
43
41
39

34
38
42
45
46
40

47
49
54
55
52
41

39
4i
45
46
47
39

37

48

41

46
47
46
44

42
45
49
50
49
45

43
45
49
50
48
46

44
46
50
51
49
47

43
46
50
50
49
46

38
40
44
45
47
39

43
45
50
52
53
44

44
45
49
53
52
44

45
47
51
53
55
45

44
46
51
54

45
47
51

45

41

46

47

48

48

39

43

27
29
32
32
32
30

29
31
33
34
33
31

33
36
40
41
40
38

32
34
36
37
36
33

31
33
36
36
36
34

oo
36
38
39
38
35

35
38

27
27

28
30
32
33
32
30

28
28
30
32
33
27

27
30
35
37
37
30

28
3d
'61
34
36
29

28
30
33
36
37
30

%
36

32
33
36
38
40
32

32
34
38
41
43
33

34
36
40
43
45
36

J?53

39
40
33

36
38
42
44
44
35

31

29

31

31

33

39

35

35

38

46
50
50
48
46

43
46
49
49
48
45

41
44
47
48
46
43

38
41
41
40
38

31
33
35
34
33
31

25
26
27

55
45

44
46
49
53
55
45

44
46
49
53
54
44

41
41
45
48
49
40

35
36
40
42
42
34

48

48

48

44

39

47
53
60
66
70
70

50
48
51
51
51
52

51
55
57
57
58
57

49
52
55
59
62
63

63
57
62
67
72
74

85
91
96
95
92
86

93
103
112
114
110
103

92
98
105
105
102
95

91
99
108
110
108
100

60
61
48

69
70
70
69
65
51

55
60
63
63
61
51

57
62
63
65
62
48

63
65
66
66
64
49

81
86
90
97
101
85

84
89
94
104
108
89

101
106
112
118
122
96

91
94
101
110
113
90

96
106
120
135
139
110

46

63

55

58

59

77

93

107

100

110

56
57
57
59
61
63

60
61
64
67
72
75

95
95
94
92
91
90

103
106
108
i09
108
108

102
100
101
100
100
100

101
102
103
104
105
105

62
60
60
59
59
57

80
82
85
87
91
96

89
90
90
93
96
99

109
110
109
106
107
106

99
98
98
100
99
100

105
110
116
121
122
122

42
43
41

A D J U S T E D FOR S E A S O N A L VARIATION
January
February
March
April. _ .

May

June

34
. . 34
33
33
34
34

45
47
4b
49
49
49

41
40
40
41
41
41

41
42
42
41
41
41

43
44
45
45
45
46

47
47
48
48
48
47

48
47
48
48
47
48

49
49
49
49
48
49

48
48
49
48
48
48

49
48
48
48
48
48

48
48
48
47
47
47

46
46
46
46
45
45

41
40
40
40
39
39

35
35
34
33
33
32

28
27
26
26
26
28

31
32
31
32
32
31

31
31
31
31
31
31

32
32
32
33
3H
33

37
38
39
39
39
40

36
35
35
35
35
35

35
35
35
35
35
35

37
38
38
37
38
37

40
40
41
42
42
43

54
58
61
65
69
71

57
53
52
51
51
53

59
60
59

36
38
39
41
42
44

50
50
50
49
47
44

42
42
42
42
42
42

41
41
41
41
42
42

46
47
47
47
47
47

47
47
47
47
47
47

48
49
48
48
48
49

48
48
48
48
48
48

49
49
49
49
49
48

48
48
47
48
4»
48

48
48
47
48
47
47

44
43
43
43
42
42

39
38
3H
37
36
36

31
30
29
29
29
28

29
31
33
33
32
31

31
31
31
31
31
31

31
31
31
32
32
32

33
34

40
40
40
39
38

35
35
35
34

35
35
36
36
37
36

37
37
37
38
39
39

45
47
49
53
54
54

70
67
64
61
60
59

55
56
57
56
57
59

56
58
57
58
57
56

July
August-.
September
October
November
December

34
35
35
36

35

57

1
Compiled by the Board of Governors of the Federal Reserve System. Revisions reflect use of new base period and other major adjustments; for details regarding the revisions, see the
December 1951 Federal Reserve Bulletin.

Department Stores—Accounts Receivable, End of Month: Revised Series for Page S—10

1

11947-49=1001

1941

1942

1945

1944

1943

1946

1947

;

1948

1949

:
i

Month

1950

1951

C H A R G E ACCOUNTS
January
February
March
April

Mav

June
July
August
September
October
November
December

.

Average

.

_

_

__ __

_ __

54
47
47
50
51
50

62
55
56
57
52
44

44
41
41
41
40
40

43
38
42
42
43
41

51
44
51
47
46
47

57
53
60
66
68
70

93
81
85
86
88 i
87

108
95
100
101
101
101

116
99
95
100
101
99

118
101
98
101
103
102

142
125
120

44
49
56
58
58
73

34
34
40
43
44
58

34
33
39
43
47
58

35
43
48
54
68

40
40
45
52
60
76

63
67
76
82
93
118

77 !
77
88
95
108
139

88
87
99
109
116
149

86
85
96
101
112
151

97
101
111
114
123
166

10.1
103
113
122
136
177

53

48

42

44

50

73

92

105

103

111

124

in;

118
115

INSTALMENT ACCOUNTS

S
3

44
42
39
37
34
32

33
31
31
29
28
26

33
31
30
28

73
77
79
79
79
83

53
50
48
47
47
49

30
29
29
30
33
37

25
25
25
27
31
35

76

60

35

29

June

75
73
72
74
74
74

Julv
August
September
October
November
December

January
February
March
April _

May

_

_.

Average

__

.

_

. _. - _

74

26

34
33
33
34
34
34

56
56
57
60
62
62 !

97
94
98
100
102
103

123
119
116
115
116
116

159
157
159
161
165
166

204
199
194
186
17<s
171

24
24
25
27
31
36

34
36
38
41
47
57

63
63
66
72
84 i
103

105
109
115
118
121
133

114
118
125
133
144
162

175
183
195
197
197
210

163
162
166
172
182
197

28

38

67 i
j

108

125

177

181

i Compiled by the Board of Governors of the Federal Reserve System. The data have been revised to a new base period.




* BUSINESS STATISTICS

Wontki

X HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, and monthly averages for earlier years
back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1947. Series
added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index
numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Monthly averages for 1951 are shown in the March 1952 Survey of Current Business.
series will be found in the Weekly Supplement to the Survey.
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

Data subsequent to May 1952 for selected

1951

May

June

July

1952

September

August

October

November

December

January

February

March

May

April

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil. of doL_
Compensation
of employees, total
do
\\r<i°'es and salaries total
do
Private
do
Military
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' and rental income total cf
do
Business and professionalcf
do
Karm
do
Rental income of persons
do
Corporate profits and inventory valuation adiustment total
bil of dol
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Net interest

r
274. 8
' 178. 2
169. 3
'141.2
'8.5
r
19.6
r
9.0
T
49.0
'r 26. 0
14.4
r
8. 5

'41.2
43. 3
24. 5
18 8
r
—2.
1
r
6. 4
r
329 3
' 204. 5
'
26. 3
r
111 3
r
66.
9
r
65. 2
r
23.
5
T
25. 4
r
16 3
r
—.2

Gross national product total
do
Personal consumption expenditures total do
Durable goods
do
Nondurable Roods
do
Services
do
Gross private domestic investment
do
New construction
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment
do
Government purchases of goods and services,
total
bil of dol
Federal (less Government sales)
do
State and local
do
Personal income total
Less' Personal tax and nontax payments
Equals' Disposable personal income
Personal saving §

!

r
r
r

do

T

59.8

42.5
'39.5
'22.2
' 17.3
'3 0
r
6. 6

'6.7

' 337. 1
' 210. 5
' 25 3
'116.2
'69.0
'52.9
'22.4
'24.7
'5.8
'2.6

'339 4
' 213. 2
' 25 2
' 118 0
' 70.0
'50.0
' 23. 7
' 25.7
'6
r
1.9

' 71.2
'48.9
' 22. 3

' 74.4
' 51. 6
'23 2

262 0
' 30. 4
' 231 5
' 21. 1

' 263 0
' 32. 5
'230 5
'17.3

My

0

'67.3
'45.5
'21. 7

21 6

f

' 186. 5
' 177.4
' 145 8

9.0
'52.1
'27.3
' r15.4
9. 4

1

r

' 256. 1
' 29. 0
' 227. 1
' 20. 7

251 9
'28.7
r
223 2
'18.7

do
do
do
do

'41.9
' 38. 6
'21.8
' 16. 9
'3 2
'6.5

'T 1*1.0
172. 1
T

r
330. 9
' 206. 4
' 25 5
' 113. 2
' 67. 6
' 56. 2
'22.4
'24.9
'8.9
r
1.1

f 38
oo. 3
o
r

'9.1
' 21. 0
8.9
' 50.8
' 26. 0
' 15.8
'9.1

' 285. 6
' 1*3. 4
' 174.3
' 143. 8
'9.6
' 20. 9
' 9. 1
' 53. 1
' 26. 6
'17.0
'9.4

' 280. 2

..!

T

i

PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates:
Total personal income
bil of dol
Wage and salary disbursements, total
do
Commodity-producing industries. do _
Distributive industries
do
Service industries
do
Government, ... _ _ ...
do
Wage and salary receipts, total 9
do ...
Other labor income
do __.
Proprietors' and rental income
_ _do
Personal interest income and dividends.. do
Transfer pavments
do
Less personal contributions for social insurance©
bil. of dol..
Total nonagricultural income

do__.

'r 251. 4
168.9
75.1
45. 5
20.3
28.0
M65.3
'4.2
49.0
20.3
12 6
T

' 254. 3
'171.6
' 75. 4
' 47. 0
'20.4
28.8
r
168.
2
r
4.2
'48.8
'20.4
'12.7

'r 254. 5
170. 7
75. 0
46. 3
20.4
29.0
'167.3
'4.2
50.1
20.4
12.5

' 256. 7
r 171.2

'74.8
* 46. 5
' 20. 4
' 29. 5
' 167. 9
'4.2
'51.5
'20.5
'12.6

'3.6

'3.4

'3.4

'3.3

232. 5

' 235. 4

••234.0

'235.5

'r 257. 3
172. 1
r

46. ,'i
' 20. 4
' 29. 7
' 168. 8
••4.2
'50.9
'21.0
' 12. 4

'3.3
' 236. 4

'261.7
r
1 74. 0
'75.9
'r 46. 5
20. 7
f
30. 9
' 170.5
'4.3
'53.4
20.8
'12.7
' 3. 5
' 239. 1

' 260. 9
M74.8
75.8
46.5
20. 8
31.7
r
171.3
'4.2
52. 5
20.5
12.4

'3.5
' 239. 5

' 263. 4
' 176.0
46. 7
20.8
31.0
'172.fi
r
4. 3
53. 3
21.1
12.1

' 263. 4
' 176.7
77.3
47.1
20.8
31.5
' 173. 1
'4.3
53. 4
20.1
12.8

' 263. 5
' 178. 0
'78.2
'47.1
20.9
'31.8
'174.5
'4.3
'52.1
' 20. 5
'12.4

' 3. 4

'3.9

'3.8

' 240. 7

' 241. 7

' 243. 4

' 261. 9
r 177.

3

'47^0
20.8
'31.8
'173.9
r4 v

' 50! 7
'21.0
'12.4

'3.S
' 242. 7

' 262. 5
'176.7
' 76. 9
' 47. 0
21.0
'31.8
'173.4
'4.4
'51.2
' 21 . 5
'12.3

263.4
177. 1
76.2
47.4
21. 3
32.2
173.8
4.4
51. 5
21. 5
12.5

'3.6

3.6

' 242. 9

243. 9

NEW PLANT AND EQUIPMENT
EXPENDITURES
All industries, quarterly total!
Manufacturing \
Mining
Railroad
Other transportation. _ _ . _
Electric and gas utilities
__
Commercial and miscellaneous

mil. of dol
do
do
. _ do _
do ._
do
do

5,913
5,844
6,672
i 6, 356
5, 552
|
3 335
2,802
2,841
i 3, 251
2,742
!
j
!
911
203
199
188
i 217
27ft
412
377
449
i 406
134
136
120
130
:
i 161
~~
I
893
933
761
998
i 934
!
1,467
1,374
-.
_
'
1, 549
1,351
i 1, 387
•Revised.
i Estimates for April-June based on anticipated capital expenditures of business; those for July-September are shown on p. 7 of the June 1952 SURVEY.
tRcvised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of this SURVEY
for the data.
(^Includes inventory valuation adjustment.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national
product above.
9 Derived by deducting employee contributions for social insurance from total wage and salary disbursements.
O Data through 1951 represent employee contributions
only; thereafter, personal contributions of self-employed persons are also included.
J Re vised beginning 1945. For revised annual data for 1945-51, see p. 5 of the January 1952 SURVEY; and
for quarterly data beginning 1947 for manufacturing, p. 20 of the December 1951 issue.




S-l

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952

1951

May

June

July

August

1952

September

October

November

December

January

February

March

April

May

GENERAL BUSINESS INDICATORS—Continued
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments, total
mil. of dol_Farm marketings and CCC loans, total
do
Crops
do ._
Livestock and products, total.
_ _ do __
Dairy products
do
Meat animals
- _ do _ _ _
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1935-39=100..
Crops
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1935-39=100..
Crops
do
Livestock and products
do

2,153
2,120
436
1,684
438
871
309

2,169
2,143
606
1,537
437
753
296

2,652
2,641
1,085
1,556
408
833
285

2,992
2,985
1,315
1,670
393
960
295

3,395
3,387
1, 642
1,745
348
1,058
325

4, 355
4,345
2,294
2, 051
341
1,350
348

3,600
3,583
1,765
1,818
316
1,097
397

3,115
3,097
1 530
1 567
337
868
356

2,642
2,619
1 111
1 508
330
924
243

2,043
2,010
638
1,372
330
809
227

2,122
2,079
628
1,451
369
817
254

2,100
2,053
571
1,482
389
812
262

2,138
2,104
557
1, 547
433
804
271

319
153
444

323
214
405

398
384
410

450
465
440

511
580
459

655
811
540

541
624
479

467
541
412

395
393
397

303
226
361

314
222
382

310
202
390

317
197
407

117
57
163

123
84
152

151
153
148

168
186
154

184
218
158

219
273
178

180
192
172

160
168
155

145
137
1^1

115
82
140

119
76
151

116
64
155

122
67
164

217

217

218

217

'215

P2U

'224

P22S

INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
Manufactures

_

1935-39=100..

223

223

214

220

223

222

220

.

do

233

232

223

229

232

230

229

do
do ...
do
do ...
do
do . _
do
do _ _
do

277
263
168
173
165
336
206
197
227

276
261
164
164
163
338
205
197
225

266
253
151
160
146
328
199
188
225

269
254
158
165
154
328
197
191
213

273
258
158
167
153
336
197
190
214

276
261
158
171
151
340
201
190
230

277
261
155
172
146
347
209
198
236

242
242
184
275
310
248

241
251
184
266
307
238

239
248
179
273
293
216

238
251
182
259
305
223

237
254
180
251
311
226

230
252
182
228
311
223

Durable manufactures
.
Iron and steel
__
Lumber and products
Furniture
Lumber
Machinery
Nonferrous metals and products
Fabricating
__ _
Smelting and refining
Stone, clay, and glass products
Cement
_
Clay products
Glass containers
Transportation equipment
Automobiles (incl parts)
.

do
do _ _
do
do _ . .
__.do ...
do

227

T

229

"•228

280
263
141
178
122
358
207
196
235

T 280
261
142
175
125
359
216
206
243

r
r

281
261
148
' 176
133
r
360
217
204
249

'283
'263
149
175
135
'359
218
204
252

r 277

245
'152
'170
143
'352
'219
'204
'257

"276
?245
» 145
^167
133
^348
*217
?201
* 257

217
237
179
206
313
216

212
220
177
201
320
221

205
188
169
219
318
218

r 208

'211
200
r
168
239
'325
'221

'216
226
'167
242
'329
'229

v 224
241
P168
260
?334
P233

181
155
' 296
'561
102
84
114
'149
152
152
'88

v 179
158
*>294
'500

227

Nondurable manufactures
Alcoholic beverages
.
Chemical products
Industrial chemicals
__ .
Leather and products
Leather tanning
Shoes _
. .
Manufactured food products
Dairy products
.. .
Meat packing
Processed fruits and vegetables

do
do _ _ .
do
do __
do
do
_ _ do __
do
... do
do
do

197
180
298
538
97
88
103
159
196
149
108

197
191
300
548
98
86
106
165
221
144
123

188
190
301
554
83
71
92
176
221
141
191

197
179
303
557
98
80
110
189
215
139
263

199
193
303
560
100
83
111
192
169
149
297

193
197
303
556
91
80
98
177
128
156
210

191
178
304
563
91
81
97
164
98
188
111

185
154
302
563
88
79
94
158
95
195
96

184
145
302
562
100
86
110
151
86
193
83

Paper and products
Paper and pulp
.
Petroleum and coal products
Coke
.. .
Gasoline
Printing and publishing
Rubber products
Textiles and products
Cotton consumption
Rayon deliveries
Wool textiles
Tobacco products

do
_ do ._
do
do....
do _.
do
do _ _ .
do ..
do
__do _
do _ _
do

212
201
263
186
207
179
247
190
164
377
144
172

209
199
263
187
212
170
251
185
157
378
137
178

189
182
262
183
211
155
243
160
123
379
100
167

196
189
265
187
213
166
243
170
145
360
115
190

196
191
266
185
214
180
245
163
142
334
114
188

196
191
269
185
212
181
239
154
140
293
114
191

191
187
276
185
214
183
245
157
144
289
120
198

183
181
281
185
215
178
250
152
136
283
118
137

187
185
281
188
211
170
248
157
144
296
116
176

do
do ...
do
do
do ...
do _

168
168
83
126
192
166

169
169
86
133
191
171

161
160
66
105
192
166

170
171
77
134
194
167

171
172
79
137
195
166

176
179
104
147
199
163

169
178
99
152
196
115

159
170
86
135
193
89

162
175
Ql
147
194
88

do

222

221

212

217

218

218

219

218

do _

233

231

222

226

228

226

228

do
do _ _
do
do . . .
do
do _ _
do
do , . _
do

276
163
158
206
227
236
231
184
257

274
153
147
205
226
239
235
184
269

265
141
131
199
226
237
226
177
285

267
146
137
197
213
228
222
176
249

271
146
135
196
214
228
219
173
246

274
149
138
201
230
219
217
172
222

277
157
149
209
235
212
219
173
204

Minerals
Fuels . .
Anthracite
Bituminous coal
Crude petroleum
Metals

.

Adjusted, combined indexd"
Manufactures
Durable manufactures
Lumber and products. _ „ . _
Lumber
Nonferrous metals .
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
.
Glass containers

196
168
232
r
322
r 219

184
155
298
563
108
86
122
148
116
165
83

186
152
r 300

' 562
109
96
118
149
97
175
84
194
190
281
188
212
175
243
160
150
295
122
167

192
188
278
204
210
180

v 151

197
147
»85

152
141
288
112
164

186
181
266
179
205
' 180
'237
' 144
130
'280
108
174

162
174
77
135
199
91

158
170
68
122
199
r 90

' 165
'171
74
119
'201
' 131

•p jg3
•P 163

221

222

r 221

216

p 9J4

228

231

232

r 231

925

P 223

282
154
141
207
235
219
242
172
216

282
159
150
216
243
217
233
182
223

r 284

r 284
158
149
218
252
222
244
176
239

277
152
143
219

P 276
p
141

r

162
154
217
249
224
257
177
239

r
r

r 244

r

220
238

182
175
T> 203

p 174
v 234
p 149

135
289
178

73
107
P 161

128
p 217
P 257
P 21 x

230

r 179

P 168

242

243

p ign
193
198
192
187
197
188
Nondurable manufactures
do
188
185
189
190
'183
188
179
178
178
175
184
Alcoholic beverages
_
__ do
178
188
176
174
171
170
157
150
r
997
302
298
306
305
P 294
Chemical products
do
301
r 293
298
299
298
300
294
99
99
97
85
Leather and products
do _ _ .
100
91
89
88
100
107
108
102
89
81
88
75
84
Leather tanning ...
do _
80
78
79
86
90
86
84
P 157
165
167
164
166
167
163
Manufactured food products
do _
160
160
162
165
'166
'163
148
150
148
150
143
138
140
Dairy products. .. _
do._ .
137
136
137 j
142
146
148
149
I A(\
145
162
152
Meat packing
do
168
157
168
163
162
182
179
165 1
166
160
139
r 1A4
147
Processed fruits and vegetables
do
152
163
121
12,3
128
P Til
r 133
isn
r
Revised.
•*> Preliminary.
JData through 1950 have been revised to incorporate changes in methods of estimation (notably for truck crops) and to reflect revisions of production, disposition, or price. Revisions
extending back to 1910 in some instances, are shown on p. 23 of the December 1951 SURVEY.
'
cT Seasonal factors for a number of industries were fixed at 100 during 1932-42; data for these industries are shown only in the unadjusted series.




SUEVEY OF CURRENT BUSINESS

July 1952
Unless otherwise slated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-3

1951

May

June

July

August

1952

September

October

November

December

January

February

March

April

May

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION—Continued
Federal Reserve Index — Continued
Adjusted d"— Continued
Manufactures— Continued
Nondurable manufactures — Continued
Paper and products. .
_ 1935-39=100
Paper and pulp
do
Printing and publishing
do
Tobacco products
do

212
200
176
172

208
198
171
171

190
183
166
161

196
189
174
183

197
192
179
177

196
191
177
185

191
187
175
194

184
182
174
147

187
185
175
176

193
189
177
175

192
188
177
174

165
151

165
145

156
132

165
134

167
137

174
144

170
122

163
122

167
125

167
128

' 164

44, 728
23, 434
11, 150
12, 283
8,883
2,892
5,991
12, 411
4,272
8,139

43, 052
22, 133
10, 383
11, 750
8,679
2,789
5, 890
12, 240
4,186
8,054

41, 691
21, 249
9, 066
11,583
8, 384
2,624
5, 760
12. 058
3,967
8,091

42, 930
21, 677
10, 028
11, 650
8,824
2,770
6, 054
12, 429
4, 133
8,296

41, 215
20, 591
9, 508
11,083
8,366
2,686
5, 680
12, 258
4, 138
8,120

44, 175
22, 463
10, 660
11,803
9, 161
2,842
6,319
12, 551
4,189
8,362

43, 648
22,214
10, 732
11, 482
8,942
2,718
6,224
12, 492
4, 036
8,456

41, 609
20, 761
9,786
10, 975
8, 530
2,487
6,043
12, 318
3,918
8,400

43, 989
22, 484
10, 941
11,542
8,855
2,586
6,269
12, 650
4,150
8,500

45, 144
23, 334
11, 493
11, 841
8,948
2, 696
6,252
12, 862
4,390
8,472

' 42, 627
21, 914
10, 743
11,171
'8,314
2,495
'5,819
12, 399
4,083
8,316

' 44, 807
' 23, 324
'11,407
'11,917
' 8, 772
2,742
' 6, 030
'12,711
' 4, 286
'8,425

44, 532
23, 007
11,345
11, 662
8,422
2,677
5, 745
13, 103
4,580
8,523

Business inventories, book value, end of month
(adjusted), total
_
mil. of dol
Manufacturing, totaL . ..
do
Durable-goods industries
do
Nondurable-goods industries
do
Wholesale trade, total
do
Durable-goods establishments .
do
Nondurable-goods establishments
do
Retail trade, total
do
Durable-goods stores
_ do
Nondurable-goods stores
.
do

68, 981
38, 068
18, 923
19. 145
10, 270
4,880
5, 390
20, 643
9,684
10, 959

69, 442
39, 009
19, 598
19,412
10, 151
4,887
5,264
20,282
9.562
10, 720

70, 268
39, 908
20, 304
19, 605
10, 315
5,045
5,270
20, 045
9,494
10, 551

70, 124
40, 621
20, 971
19, 650
10, 074
4, 961
5, 113
19, 429
9,154
10, 275

69, 965
41,132
21,413
19, 719
10, 072
4,918
5,154
18, 761
8,693
10, 068

70, 068
41,424
21,817
19, 608
10, 099
4,926
5,173
18, 545
8,679
9,866

69, 988
41, 676
22, 205
19, 470
10, 035
4,838
5,197
18, 280
8, 385
9,895

70, 107
42, 014
22, 675
19, 339
10, 000
4, 793
5,207
18, 093
8,218
9,875

70, 219
42, 206
22, 976
19, 230
9,952
4,834
5,118
18, 061
8,197
9,864

69, 899
42, 192
23, 037
19, 155
9,726
4,722
5,004
17, 980
8,160
9,820

69, 972
42, 332
23,209
19, 122
9,753
4,720
5,033
17, 887
8,075
9,812

' 70, 185
' 42, 513
' 23, 387
' 19, 126
' 9, 662
4,745
' 4, 917
'18,010
' 8, 208
' 9, 802

69, 996
42, 458
23, 474
18, 985
9,478
4,695
4,783
18,060
8,078
9,982

MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf
Sales:
Value (unadjusted), total
__ __ _ _mil. of dol
Durable-goods industries
do
Nondurable-goods industries
do

22, 603
10, 827
11, 776

21,912
10, 567
11,345

19, 601
8,820
10, 781

22, 458
10, 269
12,189

21, 544
9.937
11,607

24, 072
11.451
12, 621

22, 240
10, 588
11, 653

20, 810
9,939
10,871

22, 039
10, 473
11,566

22, 137
10, 760
11, 378

22, 949
11,363
11, 586

' 22, 761
'11,349
' 11, 412

22, 251
11,039
11,212

Value (adjusted), total
do
Durable-goods industries, total
do
Primary metals .
__
_ . do __.
Fabricated metal products
do
Electrical machinery and equipment., do
Machinery, except electrical
do
Motor vehicles and equipment
do. _.
Transportation equipment, n. e. s.
do
Furniture and fixtures
__do
Lumber products, except furniture
do
Stone, clay, and glass products
do _.
Professional and scientific instruments- do
Other industries, including ordnance .do

23, 434
11,150
2,158
1,184
1,044
1,801
1,872
478
336
775
584
257
661

22, 133
10, 383
2,054
1,064
1,000
1,760
1,734
449
292
713
548
225
544

21, 249
9,666
1,974
1,026
870
1,708
1,467
495
244
623
508
232
519

21, 677
10, 028
1,872
977
1,056
1,728
1,648
521
278
658
540
223
526

20, 591
9, 508
1,740
973
1,032
1,680
1,471
508
264
590
495
204
549

22, 463
10, 660
1.932
1,171
1,077
1,978
1,579
542
284
697
534
230
637

22. 214
10, 732
1, 957
1,188
1,090
2,095
1,627
587
289
618
526
232
523

20, 761
9,786
1,853
1,076
1,034
1,926
1.356
610
242
587
418
222
462

22, 484
10, 941
1. 944
1,238
1,060
2,232
1,602
624
240
666
499
288
549

23, 3-H
11, 493
1,985
1,224
1,121
2,316
1,675
697
273
736
551
284
632

21,914
10, 743
1,876
1,130
1,080
2,136
1,673
643
278
679
486
253
508

' 23, 324
'11,407
1,922
1,210
1,067
2,217
1,792
'702
'285
'849
474
'298
'590

23, 007
11, 345
1, 843
1,178
1,099
2,176
1,887
740
299
744
509
281
590

Nondurable-goods industries, total
do __
Food and kindred products
_
do
Beverages
_
_
do
Tobacco manufactures
do
Textile-mill products
do
Apparel and related products
. _ do__ _
Leather and leather products
do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products
_ _ __do
Petroleum and coal products
do
Rubber products _
do

12, 283
3,431
574
288
1,432
792
307
711
786
1,643
1,887
432

11, 750
3,151
599
272
1,279
841
315
686
748
1,543
1,884
433

11,583
3,032
591
278
1,182
940
298
637
740
1,535
1,912
438

11, 650
2,946
658
290
1,164
854
315
692
755
1, 480
2,023
467

11,083
2,956
508
269
1,086
696
257
663
779
1,431
2,000
435

11,803
3, 156
503
339
1,167
782
265
695
837
1,511
2,102
445

11,482
3, 080
551
290
1.066
787
206
658
829
1,486
2,092
438

10, 975
2,979
582
288
1,110
727
208
601
782
1,408
1,927
363

11, 542
3,012
586
325
1,139
768
203
691
875
1,518
1,958
468

11, 841
3,166
549
317
1,151
783
218
672
856
1.598
2,089
••442

11,171
2,939
604
292
1,082
704
193
631
820
1,510
1,989
407

'11,917
' 3, 144
'649
'326
r
1, 220
'799
208
"610
'898
' 1, 556
' 2, 069
438

11,662
3,180
679
311
1,140
743
220
607
876
1,552
1,916

do
do
do

38, 262
19, 178
19, 084

39. 085
19, 740
19, 344

39, 840
20, 383
19, 457

40, 283
20, 886
19, 396

40, 624
21, 270
19, 354

40, 958
21, 585
19, 373

41,353
21 , 924
19, 430

42, 047
22, 445
19, 602

42, 470
22, 852
19, 618

42, 789
42, 583
23, 098 , 23, 446
19, 344
19, 485

' 42, 683
' 23, 593
' 19, 090

42, 671
23, 796
18, 875

_ do _
do
do

15,808
9,758
12, 696

16, 010
9,823
13, 252

16, 128
10, 180
13, 533

16, 052
10, 186
14, 045

15, 836
10, 561
14, 227

16, 243
10,682
14, 033

16, 388
10, 735
14, 230

16, 669
10, 924
14,453

16, 491
11, 228
14,751

16, 283
11, 581
14, 720

'15,889
'11,918
' 14, 876

15,748
12, 038
14, 885

Minerals
Metals

do
do

125

185
181
175
184

182
175
170
178

166
'141

P161
* 147

r

BUSINESS SALES AND INVENTORIES§ f
Business sales (adjusted), total
Manufacturing, total
Durable-goods industries
Nondurable-goods industries. _ _
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments
Retail trade, total _ _
__
Durable-goods stores, _ _
N ondurable-goods stores

Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries
Nondurable-goods industries __
By stages of fabrication: $
Purchased materials
Goods in process
Finished goods

mil. of dol
do
do
_ _ do ._
do
-do__ do
do
do
_do

__ _

'16,119
'11,870
' 14, 800

40, 621
42, 332
Book value (adjusted), total
do_ _
41, 132
41, 424
38, 068
39, 009
39, 908
42, 014
42, 206
41, 676
42, 192
' 42, 513 42, 458
Durable-goods industries, total
do
20, 971
23, 209
19, 598
21,413
22, 205
22, 976
18,923
21,817
20, 304
' 23, 387
22, 675
23, 037
23, 474
Primary metals
do
2,602
2,816
2,324
2, 664
2,353
2,508
2,426
2,807
' 2, 825
2,687
2,778
2,819
2,847
2,376
Fabricated metal products
do_ _.
1.962
2, 056
2,469
2,439
2,133
2,278
2,410
2,431
' 2, 438
2,438
2,418
2,417
2, 706
Electrical machinery and equipment—do
2,338
2,465
2,574
2,684
2,736
2,915
2,977
2,768
2,870
2,948
' 3, 025
3,026
Machinerv, except electrical
__ _ _ do_ __
4,286
4.410
4,509
4,667
4, 770
4,873
4,995
5,278
5,112
5,187
5,244
' 5, 345
5, 325
2,521
2,336
2,390
2,455
2,480
2,663
Motor vehicles and equipment
do
2,633
2,731
2, 720
2,675
' 2, 670
2,700
2.716
Transportation equipment, n. e. s
do
1,879
1,960
1,367
1.757
2,282
2, 368
1, 473
1,657
2,098
' 2, 420
2,176
2,320
2,457
612
571
552
588
568
Furniture and fixtures
do
601
542
525
539
535
535
520
544
990
1,008
1,018
1,031
1,036
Lumber products, except furniture
do
1,017
1,051
1,078
' 1, 060
1,092
1,077
1,086
1,060
762
836
Stone, clay, and glass products
do_ __
801
837
837
829
915
810
930
841
878
935
868
596
681
690
649
635
Professional and scientific instruments- do
701
713
703
724
719
'708
716
718
r
1,351
1,406
1,443
1,483
Other industries, including ordnance. ..do
1,458
1,416
1,393
1,379
' 1, 431
1,430
1,428
1,404
1,437
' Revised.
» Preliminary.
cf'Seenote marked "cf" on p. S-2.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown below on pp. S-3 and S-4; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.
t Revised series. All components of business sales, inventories, and orders have been revised; for appropriate explanations of changes and data through 1950 (except figures beginning 1948
for retail sales and beginning 1946 for the indicated orders series, which have been further revised and are available upon request), see pp. 15-24 of the October 1951 SURVEY. Manufacturers'
sales, inventories, and orders (except as noted) have been revised beginning 1948, wholesale trade beginning 1939, and retail trade beginning 1940; moreover, the adoption of revised industry definitions for manufacturing beginning with the 1948 data results in discontinuity of industry figures for earlier periods.
9 Data beginning December 1947 are shown on p. 7 of the March 1952 SURVEY.




SURVEY OF CURRENT BUSINESS

S-4
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf— Continued
Inventories, end of month— Continued.
Book value (adjusted)— Continued
Nondurable-goods industries, total. .mil. of dol_.
Food and kindred products
do
Beverages
do
Tobacco manufactures
do
Textile-mill products
do
Apparel and related products
do
Leather and leather products .
do
Paper and allied products
do
Printing and publishing
_
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber products
do

19, 145
3,580
1,254
1,652
3,137
1,667
677
855
681
2, 699
2,360
583

19, 412
3, 542
1,254
1,642
3,214
1,687
691
887
694
2,771
2,420
610

19, 605
3,554
1,209
1,656
3 222
1,746
652
917
702
2,850
2,481
616

19,650
3,619
1,161
1,668
3,190
1,686
622
924
711
2,906
2,523
640

19, 719
3,546
1,201
1,712
3,130
1,644
637
936
711
2,970
2,574
659

19, 608
3,545
1, 200
1,766
3,048
1,498
607
942
711
3,004
2,582
705

19, 470
3, 465
1 204
1,824
2 911
1,445
594
959
733
3, 030
2, 566
739

19, 339
3 386
1 193
1 836
2 814
1,446
567
1,005
757
3,000
2,535
799

19, 230
3 376
1 168
1 795
2 774
1 446
573
1 022
753
3, 005
2 522
797

19, 155
3,451
1 224
1,770
2 670
1,384
546
1 051
760
2,996
2,500
r
804

19,122
3,438
1 249
1,766
2 570
1,332
551
1,056
'759
3,037
2, 545
820

r 19, 126
r
3, 435
T
1 244
r
1, 776
r
2 586
r
1, 263

New orders, net (unadjusted), totalj
do
Durable-goods industries, totalj
do
Primary metals
. __
do. __
Fabricated metal products
do
Flectrical machinery and equipment
do
Machinery except electrical
_ _ _ _ _ do_
Transportation equipment, including motor
vehicles and partst
mil. of dol
Other industries, including ordnancet
do
Nondurable-goods industries, total
_ _ _ do ~-

23, 582
12, 406
2,156
1.168
1,246
2,308

24, 054
13, 257
1,966
1, 055
1,453
2,291

22, 556
12, 235
2,083
964
1,284
2,259

22, 962
11,032
2,027
1,053
1, 064
2,180

21, 536
10, 344
1,576
1,208
1,207
1,745

24, 289
11,956
2,445
1,252
1,188
1,966

22, 627
11,031
1, 559
1, 125
1,212
1,981

20 767
10 312
1,876
r
951
1,454
1,906

22 565
11 287
2,028
1 280
1,111
2,180

22 071
10 876
1,669
1 174
1,341
2,134

23 133
11 712
1,802
1 051
1,938
1,964

»• 23 113
r
11, 893
' 2, 015
r
1 167
r
1, 206
f
2, 013

21, 797
10, 650
1, 616
978
1,088
1,849

3, 198
2,331
11, 176

4,349
2,143
10. 797

3,340
2,305
10, 321

2,328
2,380
11,930

2,396
2,213
11, 192

2,612
2,494
12, 332

3,151
2, 004
11.596

2,605
1, 521
10, 455

2,475
2 213
11,278

2,427
2,132
11, 195

2,766
2,190
11,422

' 3, 034
r 2, 458
r 11, 220

2,973
2, 145
11, 146

Unfilled orders (unadjusted), totalt
do. __
Durable-goods industries, totalj
do
Primary metals
do
Fabricated metal products
__do
Electrical machinery and equipment
do
Machinery except electrical
do
Transportation equipment, including motor
vehicles and partst
mil. of dol
Other industries, including ordnance!
do. _.
Nondurable-goods industries total
do

58, 488
51, 734
8, 650
5, 894
5, 541
10, 178

60, 290
54, 083
8,569
5, 842
6,008
10, 144

62, 775
57, 029
8,919
5,882
6, 530
10, 803

63, 177
57, 792
9,000
5,814
6, 599
11,251

63, 169
58, 199
8,768
5, 926
6,776
11,304

63, 386
58, 705
9, 168
5,881
6,809
11, 242

63, 772
59, 148
8,774
5, 834
6,898
11,313

63, 729
59, 522
8,725
5, 730
7,197
11, 281

64, 256
60, 336
8,775
5,882
7,291
11 380

64, 189
60, 452
8, 532
5,947
7,538
11, 328

64, 373
60, 801
8, 342
5,843
8,318
10, 980

' 64, 725
'fil.345
* 8, 536
' 5, 860
*•
8, 432
r
10, 691

64, 271
60, 956
8,388
5, 724
8,477
10, 284

15,070
6,400
6,755

17, 220
6,299
6,206

18, 679
6,216
5,746

18, 916
6,212
5, 385

19, 299
6,127
4,970

19, 663
5,941
4,681

20, 652
5, 677
4,624

21, 221
5,368
4,208

21, 544
5, 464
3 920

21, 706
5,400
3,737

22, 002
5,317
3,572

' 22, 495
5, 330
f
3, 380

22, 952
5,132
3,315

r

r

543

1,0*7
T
753
r 3, 038
r
2, 570

18, 985
3,417
1,246
1.793
2 508
1,284
528
1,071
729
3,033
2,544

832

BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
Operating businesses end of quarter total
Contra/ct construction
Manufacturing
Service industries
Retail trade
W^holosile trado
4.11 other
New businesses quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
A 11 other
Discontinued businesses quarterly total
Contract construction
Manufacturing
Retail trade
"Wholesale trade
All other
Business transfer" quarterly total §

thous..
do
do
do
do
do
do

4, 016. 4
377.5
308. 0
858.3
1, 673. 7
207.5
591.5

do
_ do
do
- do. _
do
do_ _ _
do

109.9
19.4
12.9
19.2
38.3
4.5
15.5

91.4
14.9
9.2
16.5
33 7
3.7
13.4

do
do
do
do
do
do

101.0
14.2
11.6
18.1
41.5
3.7
11.9

95 7
13.3
11 8
16 8
39 0
3 5
11 2

do

102.4

102 4

_ . .

4, 012. 1
379.0
305.3
858.0
1,668.4
207 6
593.7

BUSINESS INCORPORATION Scf
New incorporations (48 States^

number

7,544

6,810

6,428

6 496

5,9.50

6,812

6,289

6, 913

8,357

7, 138

7,902

8,284

7. 915

INDUSTRIAL AND COMMERCIAL
FAILURES^
Failures, total
_ ._
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade

_ _ _ .number _.
do
do
do
do
do

755
64
94
128
385
84

699
43
71
129
390
66

665
55
74
130
340
66

678
56
89
136
333
64

620
39
84
150
277
70

643
57
85
150
304
47

587
48
68
106
307
58

612
48
71
131
296
66

671
50
68
143
348
62

619
52
70
133
304
60

715
55
72
148
371
69

780
58
93
171
375
83

638
60
75
111
333
59

Liabilities, total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade

_ thous. of dol do
do_
__
do
do
do

23, 504
1.871
4,655
5,497
7,487
3,994

22, 773
1,006
3, 085
5,014
7,434
6,234

21, 088
1,398
2,666
7,790
4,778
4,456

26, 417
1,358
4,290
10, 497
6, 173
4,099

26, 643
782
4,668
14, 908
4,826
1,459

29, 742
2,044
1,937
12, 219
6,707
6,835

17, 567
952
3,740
6,158
4,369
2,348

19,403
1.874
2,251
6.515
5,177
3,586

26, 208
4,249
2,672
8, 365
7,761
3,161

19, 474
1,649
1,935
5,614
6,548
3,728

29, 232
4,563
2.485
13, 046
6,905
2,233

29. 530
1,744
3. 853
12. 633
7, 050
4,250

21, 19-3
1,219
2,646
10, 217
5,264
1,847

fRevised series. See corresponding note on p. S-3.
nondurable-goods industries appear on p. t> 01 tne June iyo_; SURVEY.
§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 SURVEY.




cf Data are from Dun & Bradstreet, Inc.
and total and total durable-goods industries, June-September 1950;
Monthly data, 1939-45, for the grand totals and for total durable-

SUEVEY OF CURRENT BUSINESS

July 1952

S-5
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

September

October

November

December

January

February

March

April

May

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products§
1910-14=100.Crops _ - _
_
_ _ _
do
Food grains
do
Feed grains and hay
do
Tobacco
do
Cotton _ _ _ . do
Fruit
do
Truck crops
do
Oil-bearing crops
do
Livestock and products
do
Meat animals
_
__do.
Dairy products
do
Poultry and eggs
do__ _

305
271
244
223
438
357
194
239
380
335
418
270
221

301
263
240
217
438
353
200
189
358
335
422
269
217

294
252
236
213
438
329
175
204
317
332
414
272
222

292
244
234
215
430
291
207
181
294
336
416
277
231

291
239
233
216
423
283
201
161
288
337
411
283
247

296
247
239
219
445
304
188
171
99f)
340
410
294
247

301
267
249
224
424
345
172
249
307
332
387
305
249

305
280
253
233
440
339
177
331
309
328
379
314
233

300
277
251
234
431
325
171
337
303
320
376
316
200

289
259
249
230
436
313
168
217
296
317
377
317
181

288
265
251
229
435
309
176
265
284
310
372
305
177

290
272
250
229
435
313
179
308
279
306
372
291
180

293
270
245
227
486
303
190
285
280
313
394
281
175

271
270
273

271
270
273

271
270
273

271
268
275

272
208
277

274
271
277

273
272
275

275
271
278

276
271
281

275
270
280

276
271
280

276
271
281

Prices paid:
All commodities
1910-14=100
Commodities used in living
do
Commodities used in production
.do. .
All commodities, interest, taxes, and wage rates
191 0-14= 100. _

282

282

282

282

282

283

284

284

287

288

288

289

289

Parity ratio? .

108

107

104

104

103

105

106

107

105

100

100

100

101

206.5

206.4

206.6

206.1

207.4

209.0

210.3

210.8

210.9

208.9

208.7

209.7

210.4

215 2
207 3

215. 2
207.3

215 2
207.3

215 2
207.3

213 0
207 3

9QO 9

.

_.do

272
270
274

r

RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100..
Coal (U. S. Department of Labor indexes):!
Anthracite, chestnut _
1935-39=100
Bituminous, all sizes
. ..
_..do
Consumers' price index (U. S. Dept. of Labor):
All items- ...
... 1935-39 =100. _
Apparel
do. ..
Food
_
do
Cereals and bakery products
do
Dairy products
do
Fruits and vegetables
do
Meats, poultry, and
fish
do
Fuel, electricity, and refrigeration
doGas and electricity
do
Other fuels
do_
Housefurnishings
do
Rent
do
Miscellaneous
do

207.3
201.8
185.4
204.0
227.4
188.2
203. 5
221.6
272.8
143.6
97.3
202.4
212.6
135.4
165.0

212 3
204 7

185.2
204.0
226. 9
188.4
203.9
219.9
271.6
143. 6
97.1
202. 8
21 2. 5
135. 7
164. 8

185 5
203.3
227 7
189 0
205 1
218 5
273 2
144 0
97 2
203 7
212 4
136 2
165 0

185 5
203. 6
227 0
188 7
205 9
208 9
275 0
144.2
97 3
204 2
210 8
136.8
165 4

186 6
209 0
007 3
189 4
206 4
20 r> 1
275 6
144 4
97 3
904 9
211 1
137 5
166 0

187
208
229
189
207
210
276
144
97
205
210
138
166

4
9
2
4
9
8
6
6
4
8
4
2
6

188 6
207 6
231 4
190 2
210 4
223 5
273 5
144 8
97 4
206 3
210 8
138 9
168 4

4
9
5
i
9
5
6
2
2
1

189. 1
204. 6
232. 4
190 6
215 8
241 4
272 1
145. 0
97 6
206. 8
209 1
139. 7
169 6

187
204
227
190
217
223
971
145
97
206
208
140
170

189 1
206 8
032 9

190
213
236
979
144
97
206
210
139
169

9
3
5
9
0
5
i
3
9
7
6
2
2

188
203
°27
191
215
939
267
145
97
206
207
140
170

0
5
6
9
7
i
7
3
9
8
6
5
7

188 7
202 7
230 0
191 1
212 6
947 9
266* 7
145 3
98 0
206 1
206 2
140 8
171 1

205 0
1

189 0
202 3
230 8
193 S
210
6
9r>3 8
266 0
144 6
98 °
9
03 1
905 4
141 3
171 4

WHOLESALE PRICES^
U.S. Department of Labor indexes (revised):!
All commodities
1947-49—100

115.9

115. 1

114 2

113 7

11? 4

113 7

113 6

113 5

113 0

112 5

112 3

111 S

111 6

Farm products
do
Fruits and vegetables, fresh and dried— do
Grains
do
Livestock and live poultry
- _ _ do_

115. 7
103. 8
98.3
119.8

113.9
94.2
94.7
119.9

111 1
90.8
94 3
118 6

110 4
89.4
95 8
118 2

109 9
92. 8
96 6
116 9

111 5
96. I
101 1
114 5

112
106.
103
108

0
9
9
5

111 3
117.4
105 1r
107 >

110 0
121. 5
103 6
106 7

107 8
112.0
101 7
106 2

108 2
123.9
102 0
105 9

108
127.
100
106

108
128.
9<3
108

Foods, processed
- ... _ _. do
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables, canned and frozen
1947-49=100-Meats, poultry, and
fish
do

112.3
106. 8
106. 5

111.3
106. 2
106. 5

110 7
106 9
106. 7

111 ()
106 7
107. 9

110 9
106 4
106. 1

111 6
106 8
108. 5

111 0
107 8
111. 1

110 7
107 9
113. 0

110 1
107 5
113.2

109 5
107 4
115. 1

109 2
107 5
113. 3

108 0
107 4
112. 2

108 (j
1 07 0
110. f.

105. 8
118. 1

104. 4
117.2

103. 5
116 8

103. 4
117 5

104. 7
118 3

105. 6
119 5

106. 1
115 8

106. 2
113 6

105.7
113 5

104.8
110 8

104.9
111 0

104.6
109 4

119 1

Commodities other than farm products and
foods
1947-49—100
Chemicals and allied products
do
Chemicals, industrial
do
Drugs, Pharmaceuticals, cosmetics... do
Fats and oils, inedible
do
Fertilizer materials
do
Paint and paint materials
_ do_.

116.8
111.3
121. 2
95. 6
103. 6
105. 3
109.5

116.2
110.2
120.9
95.7
88. 5
103.5
108.7

115 7
108 8
120 4
95.6
70.0
107. 1
107 8

114 9
108 5
1°0 4
95. 6
70. 4
107. 2
107 4

114 8
108 7
1 90 7
95.6
73.0
107.2
108 0

114 6
108 8
]9f) o
95. 6
71.8
107. 5
108 7

114 5
10S 6
1°0 9
95.0

114 6
108 4
120 8
95.2
61. 5
108.9
109 9

114 3
106 7
118 1
94.8
56. 8
109. 4
109 3

114 2
105 9
1175
93'. 4
51.2
109. 6
108 7

113 8
105 4
1170
93! 1
47.3
109. fl
107 9

113 3
104 8
116 8
92.7
42.6
109.8
108 0

113 0
104 0
114 6
92. 5
46. 0
11.1.5
107 3

Fuel, power, and lighting materials -do
Coal
- _
do
Electricity
do
Gas _
..
_ _ _
do
Petroleum and products
do
Furniture and other household durables
1947-49=100Appliances, household
do
Furniture, household
do. - Radios, television, and phonographs- _do_ _

106.2
107 8
98 0
98. 2
110.2

106.3
108 1

106.3
107 5
07 4
98 0
110 8

106.7
108 4
98 0
98 4
110 9

106.
108
98
99
110

8
7
0
°
9

106. 9
10* 8
9H 0
110 9

107.
108
98
106
110

4
9
0
6
8

107.4
108 8
98 0
106 6
110 8

107.2
108 8
98 0
107 0
110 4

107.4
108 7
99 1
105 7
110 6

106. 3
104 9

97 2
110 4

106.5
107 2
98 5
Q7 5
110 8

106 6
109 5

106.
1 04
00
106
109

115.3
107. 9
117.4
92.6

1 1 5. 0
108. 1
116.5
92. 6

114. 4
107. 6
115.9
93. 6

113. 5
107. 7
115.6
93. 2

113. 1
108.0
1 15. 5
92.9

112.8
107.9
115.4
93. 0

112.7
107. 9
115.5
93. 0

112.7
108.2
115. 1
93.0

112. 3
108.0
113.6
93.1

112.4
108. 0
113.5
93.1

111.9
107. 4
113. 4
90.7

112. 1
107.8
113. 4
90.7

111.4
107. 1
113. 1
90.7

Hides, skins, and leather products
Footwear
Hides and skins
Leather

126.2
122.9
130. 3
137 4

124.7
122. 6
129. 4
132 6

122.
122.
124.
127

3
1
0
7

118.0
122.0
113.3
118 7

118.0
121. 9
111.5

113.6
119.4
109. 5
110 1

107.0
118.0
87.6
100 3

105. 1
116.5
81.7
98 7

102. 2
115.9
69.7
97 0

99. 5
116.1
63.7

98.0
115.9
59.6
8 7 fi

94.1
113.9
49.7

94. 5
111.2
58.2

126. 1
126 0

124 6
124 2

123 5
19'} 0

12° 3
]°1 7

191 6

121 7
121 1

121
1
190 8

120 3
120 4

J9Q 4

1°0 1

120 3

1 f)f\ ^

120 5
120 7

mo

1 9n R

J90 9

118. 6
120.3
123. 6
121.8
112.1

1 18. 6
120. 3
123. 6
121.8
112.2

1 18. 8
120. 1
123. 7
122.2
1 1 2. 5

118.9
120. 1
123.7
122. 1
112.8

119.4
120. 1
123. 7
122. 1
114. 1

120.2
120. 2
123. 6
121.8
lift n

120.5
120.2
123. 8
122. 1
llfi 3

120. 7
120. 2
124.0
121.8
11 n 5

120.
121.
124.
121.

122.0
121.8
125. 2
121.6
i9n n

121.8
121.8
124.9
121. 5
i 9n rt

121. 6
121. 6
124.9
120.9

121.6
121. 5
124.9
120.9

1107

110"

Lumber and wood products .
Lumber

_

do_
do
do
do
-do
do

Machinery and motive products
do
Agricultural machinery and equip..._do
Construction machinery and equip.. .do
Electrical machinery and equipment, .do
Motor vehicles
do_ .
T

9X 0

|9() 4

108! 1
109 8

99 9

8
5
(j
5

117 1

OQ £

7
3
9
6

on i

1
9
g
(
)

104. 5

5
S
1
6
9

Revised.
i Index on old basis for May 1952 is 190.4.
§ June 1952 indexes: All farm products. 292; crops, 277; food grains, 238; feed grains and hay, 226; tobacco, 437; cotton, 319; fruit, 220; truck crops, 250; oil-bearing crops, 289; livestock and products,
306; meat animals, 380, dairy products, 277; poultry and eggs, 181.
9Ratio of prices received to prices paid (including interest, taxes, and wage rates).
cf For actual wholesale prices of individual commodities, see respective commodities.
t Revised series. Indexes of retail prices of coal (for residential heating) reflect use of new base period and expansion of city coverage; comparable data are available for various periods back
tion method; for
products and foo

Digitized
FRASER
market,for
prices
prior to January 19,52.


SURVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952

1951
June

May

July

August

1952

September

October

November

December

January

February

March

April

May

COMMODITY PRICES— Continued
WHOLESALE PRICES^1 — Continued
U. S. Department of Labor indexes (revised):!— Con.
Commodities other than farm prod., etc. — Con.
Metals and
metal products
1947-49=100-Heatin< T equipment
do
Iron and steel
do
N on ferrous metals
_
-do
Nonmetallic minerals structural
do
Clay products
do
Concrete products
do
Gypsum products
~_
- - do
Pulp paper and allied products
Paper
Rubber and products
Tires and tubes
Textile products and apparel
\pparel
Cotton products
Silk products
Synthetic textiles
"Wool products

do
do
do
do_ _
do
do
-_ do
do
_ _ _ do
do

Tobacco mfrs. and bottled beverages
Beverages alcoholic
Cigarettes

do
do
do

123.2
114.8
122.9
125.4
113.6
121.4
112.4
117.4

122.7
114.6
122.9
123.2
113.6
121.4
112.4
117.4

122.3
114.4
123.0
121.5
113.6
121.4
112.4
117.4

122.2
114.5
123.1
121.6
113.6
121.4
112.4
117.4

122.1
114.5
123. 1
122.0
113. 6
121.4
112.4
117.4

122.4
114.6
123.1
124. 0
113.6
121.4
112.4
117.4

122.5
114.4
123. 1
124.1
113.6
121.4
112.4
117.7

122.5
114. 5
123.1
124.2
112.8
121.4
112.4
117.7

122.4
114.0
123.1
124.2
112.9
121.4
112.4
117.7

122.6
114.0
123.2
125.0
112.9
121.4
112.4
117.7

122.6
114.0
123. 2
124.9
112.9
121.4
112.4
117.7

122. 5
113.9
123. 0
124.8
112.8
121.3
112.4
117.7

121.8
113.8
122.8
122.0
112.8
121. 4
112.4
117.7

119.8
117.1
151. 3
133.9
114.8
104.1
117.8
124.9
98.7
161.8

120.2
117.6
148.3
133.9
112.9
103.7
116.0
133.7
98.0
151.7

120.2
118.3
144.3
133.9
111.6
105. 0
113.0
116.1
96.7
145.5

119.5
119.8
144.3
133.9
108.5
104.5
106.9
112.3
94.0
140.0

119.4
121.5
144.7
133.9
105. 9
104.1
102.5
117.9
92.9
129.8

118.8
122.1
144.7
133.9
103. 9
103.3
100.8
122.5
91.5
120.8

118.4
122.4
144.6
133. 9
103.9
102.3
102.3
123.2
91.5
122.0

118.4
122.4
144.3
133. 4
104. 0
102.1
103.3
125. 3
91.7
120.3

118.2
122.8
144.1
133.4
103.3
101.7
102.8
126.0
91.4
118.0

118.3
123.7
143.1
133.4
102.1
101.7
101.0
130.2
89.9
114.4

117.7
123.8
142.0
133.4
100.6
101.6
99.6
129.1
87.3
111.8

117.4
123.5
140.6
133.0
99.9
101.2
98.6
128.4
86.7
109.2

117.1
123. 5
140.4
133.0
99.4
100.8
97.2
128.8
86.7
112.1

108.4
107.0
105.7

108.4
107.0
105.7

107.9
106.1
105.7

107.8
105.8
105.7

107.8
105.8
105.7

107.5
105.8
105. 7

107. 5
105.9
105.0

108.1
105.9
107.3

108.1
105.9
107. 3

110.8
111.2
107.3

110.8
111.2
107. 3

110.8
111.2
107.3

110.8
111.2
107. 3

45.4
54.0
44.1

45.8
53.9
43.9

46.0
53.9
44.1

46.1
53.6
44.0

46.0
53.4
43.6

46.0
53.0
43.2

46.0
52.9
43.1

46.3
52.9
43.0

46.5
53.2
44.0

46.5
53.2
43.9

46.7
53.0
43.5

46.8
52.9
43.3

PURCHASING POWER OF THE DOLLAR
As measured bv —
Wholesale prices t
Consumers' prices
Retail food prices

-

1935-39=100..
- do
do

45.1
53.9
44.0 \

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY 9
mil. of dol_

2,647

2,810

2,873

2,942

2,934

2,893

2,660

2,394

2,193

2,102

2,345

' 2, 541

2,775

Private, total
do
Residential (nonfarm)
do
New dwelling units
do
Additions and alterations
do. _.
Nonresidential building, except farm and public
utility, total
mil. of dol.
Tndustrial
do
Commercial
do
Farm construction
_ _
do_ _
Public utility
do

1,837
918
821
81

1,933
957
853
88

1,968
965
857
91

1,971
956
847
92

1, 955
958
849
93

1,908
963
858
91

1,818
930
832
84

1,674
840
760
66

1,518
720
650
57

1,464
676
600
63

1,616
799
710
77

r

1,r 690
849
750
r
87

1,807
918
810
95

440
164
131
166
309

465
180
131
180
326

471
195
121
191
336

465
204
108
194
350

460
210
101
179
352

440
205
95
148
351

425
200
96
126
331

415
200
92
110
303

415
209
83
110
267

407
209
76
113
263

397
201
74
123
292

386
194
73
136
313

392
188
82
157
333

810
45
303
66
225
76
95

877
47
310
77
265
82
96

905
47
315
86
282
80
95

971
56
324
108
314
77
92

979
63
319
129
303
77
88

985
66
318
147
293
78
83

842
68
300
136
187
76
75

720
66
289
116
111
72
66

675
65
282
113
90
62
63

638
62
268
105
90
56
57

729
59
301
122
115
65
67

'851
57
r
334
r
135
175
74
76

968
55
351
150
250
79
83

28. 832
36, 323
931, 768 1 , 234, 339
502,
416
323, 736
731, 923
608, 032

31,842
902, 091
296, 897
605, 194

45, 041
50, 097
33, 767
63, 709
885, 206 1,321,254 1, 597, 517 1, 593, 660
554, 050
636, 357
338, 662
557. 803
961, 160 1,035,857
767, 204
546, 544

New construction, total

Public, total
Residential
__
Nonresidential building
Military and naval
_ _ _ _ __ __
Highway
Conservation and development
Other types

_

do
do _.
do
do. _
do
do
do

CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
44, 755
52, 700
46, 319
44, 334
42, 435
Total projects
number
42, 735
Total valuation
thous. of dol__ 2, 572, 961 1, 408, 932 1,379,830 1,262,811 1,082,855 1,051,419
583, 146
1,474,166
486, 452
615,370
Public ownership
_
_
do
317,731
306, 604
825, 786
1,098,795
776, 359
764, 460
765, 124
Private ownership
do
744, 815
Nonresidential buildings:
Projects
Floor area
Valuation
Residential buildings:
Projects
Floor area
Valuation
Public works:
Projects
Valuation _
Utilities:
Projects
Valuation.
. _

4,421
number
44, 804
-thous. of sq. ft
thous. of dol_. 1, 633, 908

4,463
41, 162
553, 280

4,496
39, 926
536, 533

4,170
36, 700
475, 957

4,558
36, 273
404, 462

4,775
34, 782
418, 203

3,618
27, 611
327, 706

3,262
43, 016
593. 007

3,325
24, 868
357, 676

3,472
24, 941
301, 404

4,311
33, 345
463, 276

4,449
39, 343
562, 256

5,088
37, 346
462, 863

_.
number
thous. of SQ. ft-.
thous. of doL.

45, 856
73, 596
661, 094

37, 588
60, 496
545, 152

37, 173
58, 823
548, 144

39, 864
60, 372
567, 566

35, 789
52, 438
479, 716

36, 152
52, 454
496, 247

31, 162
47, 248
443, 884

24, 204
37, 985
346, 104

27, 380
37, 423
337, 721

29, 069
45, 380
396, 438

38, 860
65, 422
592, 717

43, 447
73, 847
681, 614

55, 759
82, 579
783, 755

number
thous. of dol

2,016
186, 868

2,204
183, 973

2,151
190, 884

1,927
160, 368

1,756
141, 335

1,457
101, 903

1,233
117, 809

1,064
138, 859

840
130, 814

930
124, 885

1,429
193, 714

1,814
241, 740

2,353
219, 628

407
91, 091

500
126, 527

514
104,269

358
58, 920

332
57, 342

351
35, 066

310
42, 369

302
156, 369

297
75, 880

296
62, 479

441
71, 547

387
111, 907

509
127, 414

234
197
193
166

234
192
200
174

177
182
162
179

163
175
156
176

149
169
147
168

134
156
140
160

141
141
156
146

134
124
166
145

132
118
161
142

136
145
156
163

166
183
164
174

196
'222
r
!69
r
!89

203
227
168
191

._
number
_. thous. of dol

Value of contract awards (F. R. indexes) :f
Total, unadjusted
1947-49-100
Residential, unadjusted _
do
Total, adjusted.do.
Residential, adjusted
do
Engineering construction:
Contract awards (E. N. R.)§

thous. of dol.. 1, 267, 995 1,027,087 1,378,640 1, 145, 715

917, 158 1, 026, 973 1,024,775

829, 173 1, 196, 798

788, 429 1, 042, 851 1, 180, 340 1, 433, 642

Highway concrete pavement contract awards:©
7,562
' 5, 937
4,342
Total
thous. of sq. yd._
4,508
9,248
i 4, 159
2,856
3,487
3.757
3,723
2.841
1,278
714
Airports
._
..
. _ do
458
4, 335
275
i 413
621
671
879
1,939
' 2, 320
1,681
1,436
Roads
do
2,840
803
1,814
i 2, 197
1,497
988
2,339
2,782
2,202
2,358
i 1, 549
1.369
Streets and alleys
do
2,073
1,777
1,271
1.856
T
!
Revised.
Data include some contracts awarded in prior months but not reported.
cfFor actual wholesale prices of individual commodities, see respective commodities.
JSee note marked "f" on p. 8-5.
fBevised series. Purchasing-power data are based on revised price indexes shown on p. S-5; for revisions through 1951, see p. 24 of the June 1952 SURVEY.
reflect use of new base period; revisions prior to 1951 will be shown later.
9 Revisions for January-March 1951 are shown at bottom of p. S-4 of the June 1952 SURVEY.
fcData for May, August, and November 1951 and January and May 1952 are for 5 weeks; other months, 4 weeks.
©Data for May, August, and November 1951 and January and May 1952 are for 5 weeks; other months, 4 weeks.




5,411
427
3,289
1.695

5,386
238
2,901
2.248

6,702
791
3,128
2. 783

Indexes of contract awards

SURVEY OF CUKEENT BUSINESS

July 1952

S-7
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

September

October

November

December

January

February

March

April

103, 900

108, 000

May

CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(U. S. Department of Labor) _
_ ..number.
Urban building authorized (U. S. Dept. of Labor):
New urban dwelling units, total
number.
Privately financed, total
do
Units in 1-family structures
do
Units in 2-family structures
do
Units in multifamily structures
.-do _
Publicly financed, total
do
Indexes of urban building authorized:!
Number of new dwelling units__--1947-49=100_.
Valuation of building, total __
_ .do
New residential building
do_ _
New nonresidential building
do
Additions, alterations, and repairs
do

101, 000
57, 765
54, 688
43, 957
2,514
8,217
3,077
r
r
r
T
r

132, 500

90, BOO

89, 100

96, 400

90, 000

74, 500

60, 800

64, 900
' 37, 491
T
34, 372
28, 374
2,386
r
3, 612
3,119

77, 700

r

r
r

1

107, 000

83,991
47, 134
37, 867
2,622
6,645
36, 857

45, 684
42, 092
33, 323
2,432
6,337
3,592

48,002
47, 182
38, 036
2,669
6,477
820

51, 607
50, 491
40, 370
2,995
7,126
1,116

43, 180
42, 187
35, 580
2,489
4,118
993

34, 989
32, 681
27, 781
1,766
3,134
2,308

27, 807
26, 782
21, 224
1,700
3,858
1,025

127. 8
152. 7
166. 1
139. 7
132. 5

179.4
178.2
233.5
112. 1
122.6

98.2
127.0
127.7
124. 5
130.4

106.9
138.1
137.5
143.3
128.7

114.1
149.9
155. 6
153. 5
120.2

94.4
117.8
121.8
110.0
120.9

76.5
96.6
97.6
100.3
84.6

61.3
77.0
75.3
80.5
75.5

82.1
91.8
99.7
80.8
87.8

100.9
107.5
126.2
81.4
97.4

130.1
140.7
166.1
110 3
115.1

r
r
r
r

142. 5
152. 3
183. 8
115. 6
' 118. 6

130.7
146.9
171.8
112.9
131.6

115.4

115.8
373

116.1

116.3

117.0
374

117.5

117.6

117.5
374

118.2

118.1

118.4
374

r

118.9

119.6

528
557
545
490
512
378

531
557
545
490
529
379

535
557
545
495
530
379

535
561
545
495
530
378

536
561
546
495
532
377

538
562
548
495
532
379

538
562
548
494
532
378

539
573
548
494
533
380

542
581
549
497
535
380

543
581
550
497
535
378

544
582
551
498
537
378

545
582
55.2
499
541
379

548
584
554
504
543
381

232.6
234.3
245.0

233.2
234.6
244.9

233.4
234.6
244.2

233.5
234.8
244.4

234.2
235.6
245.7

235.1
236.4
246.8

235.1
236.4
246.9

235.9
237.2
246.9

237.0
237.9
248.0

236.7
237.4
247.8

237.2
237 7
248 0

238.3
238.5
248.9

239.4
239.2
249.5

234.5
234.5
240.4
249.0
219.7

235.0
234.9
240.5
248.7
220.2

235.4
235.1
240.2
247.7
220.5

235.5
235.2
240.4
248.0
220.5

236.1
235.8
241.5
249.7
221.0

236.8
236 5
242.5
251.1
221.5

236.9
236.5
242.5
251.1
221.5

237.7
237.0
242.7
250.5
221.9

239.2
238.0
243.8
251.9
222.6

239.0
237 9
243.7
251.5
222.4

239 7
238 3
244*0
251 5
222 7

24LO
239.3
245.1
252. 1
223.3

242.2
240 7
245.8
252.8
226.1

245.1
243.6

245.1
243.4

244.6
242.5

244.8
242.8

246.1
244.3

247 3
245.6

247.3
245.7

247.3
245.4

248.5
246.5

248 3
246.2

248 5
246 2

249.4
246.9

250.0
247.4

400.8
542.7

400.4
542.4

400.1
542.8

399.9
542.6

403.4
546.5

404.5
547 2

405.6
547.7

405.6
547 8

406.1
549.3

407 2
550 6

407 9
554 1

410.4
557 1

412.5
561 7

45, 670
43, 157
34, 972
3,017
5,168
2,513

57, 787
49, 695
40,111
3,459
r
6, 125
8 092

64, 695
56,069
45, 838
3,486
6,745
8,626

62, 246
54, 182
43, 531
3,398
7,253
8,064

CONSTRUCTION COST INDEXES
Department of Commerce composite f_. 194 7-49 =100.Aberthaw (industrial building)
1914=100
American Appraisal Co.:
Average 30 cities
1913 = 100
Atlanta
- -do_ _
New York
do
San Francisco
do
St Louis
do
Associated General Contractors (all types)
do
E. H. Boeckh and Associates, Inc.:
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete. _U. S. avg. 1926-29=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 :cf
Building
1913=100..
Construction
_. .. do
Bu. of Public Roads— Highway construction:
Composite, standard mile
1925-29=100

161.8

164.8

166.7

169 1

CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
1939=100
Adjusted
.do

180.9
171.0

175.4
163.9

156.7
147.3

176.4
155.8

163.5
152.1

178.0
160.6

157 3
158.7

134 6
152 3

T
T

139 8
163. 7

r 140 0

r 150 §

169 7

r 159 6

r

» 156 8
» 157. 7

REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: New premium paying
146. 237
145, 738
thous. of dol_- 164, 669
131, 485
153,744
144, 596
140, 528
159, 063
124, 701
125, 629
127, 751
125, 363
123, 807
291, 906
264, 153 319, 365
Vet. Adm.: Principal amount
__do.
271, 148
296, 748
308, 639
317, 047
301, 276
244 042
202 758
267 958
242 103
235 651
Federal Home Loan Banks, outstanding advances
774
to member institutions
mil. of dol_.
816
770
752
781
747
591
760
581
612
665
806
589
New mortgage loans of all savings and loan associa475, 383 473, 885
439, 615
486, 435
430, 482
439, 398 486, 999
404, 033
tions, estimated total
thous. of dol
400 443
549, 140
586 035
427 835
514 098
By purpose of loan:
153, 678
149, 225
132, 330
149, 788
139, 951 154 763
128 665
Home construction
do
125 287
182 636
197 525
131 487
115 168
171 907
213, 666
219, 331
207, 123 224, 819
213 723
202, 159
Home purchase
do
200, 025
220, 506
251 884
182 710
238 587
18S' 733
185 920
38, 687
38, 289
Refinancing
do
37, 613
42, 184
36, 551
42, 794
37, 920
50 076
37, 322
49, 446
43 397
37 906
49 104
Repairs and reconditioning
do
18, 870
18, 107
17, 831
18 917
17, 571
14 785
18 558
24 452
21 797
12 895
15 033
15 567
18 959
All other purposes
do
50, 482
48, 933
44, 718
50, 727
45, 300
46, 953
62' 098
50 378
51 464
56 674
45 819
48' 603
60 405
New nonfarm mortgages recorded ($20,000 and
under), estimated total
thous. of dol . 1, 443, 538 1, 422, 262 1, 370, 201 1, 448, 967 1, 308, 421 1, 483, 786 1, 366, 073 1 308 151 1 298 254 1 270 908 1 393 317 1,482 161 1,511,488
11.3
11.0
Nonfarm foreclosures, adjusted index_1935-39=100-_
12.0
11.2
11.6
10.8
11.0
11.5
11.7
11.6
11. 1
58, 744
56, 403
Fire losses
thous. of dol
52, 220
72 254
62 354
53 398
54 660
60 064
55 416
69 925
67 380
74 155
68 206

DOMESTIC TRADE
ADVERTISING
Advertising indexes, adjusted:
394
Printers' Ink, combined index
1935-39=100-385
410
411
418
439
429
427
435
453
447
438
433
Magazines
-do
355
368
350
379
403
347
404
376
369
379
371
388
357
Newspapers
do
324
303
314
319
294
304
317
307
293
304
310
300
304
Outdoor
do ...
323
331
319
340
341
362
314
347
362
354
346
401
352
Radio ._
do
286
283
279
239
269
257
247
236
258
244
253
253
248
328.4
Tide advertising index
do
328.9
294.7
318.9
327.0
315.2
316 7
272 5
334 3
337 6
Radio advertising:
r 13 948
Cost of facilities, total
thous. of dol
16, 577
14, 853
11 731
11 789
11 849
14 948
14 377
14 520
13 561
13 996
14 619
14 520
Automotive, incl. accessories
do.
379
303
227
'299
256
377
339
407
329
319
' 276
370
464
r
Drugs and toiletries-.
__ _ ... .-do
4,829
3,124
4,375
3,060
3,085
3 991
3 699
3 993
3 691
3 847
3 949
3 883
3 751
Electric household equipment
do
147
129
137
143
153
204
266
274
224
171
153
147
204
Financial
..do
288
294
269
298
278
307
365
315
353
356
359
348
326
4,592
Foods, soft drinks, confectionery
do
3,940
3 263
3 310
3 240
4 127
3 802
4 170
3 761
3 79?
3 862
3 917
4 090
494
479
Gasoline and oil .
.
do _
454
432
440
402
459
445
447
431
512
475
493
Soap, cleansers, etc
do
1,785
1,649
1 073
1 204
1 275
1 482
1 624
1 631
1 546
1 592
1 698
1 432
1 558
Smoking materials.
do _
1,914
1 331
1,831
1,375
1 596
1*546
1 269
1 772
1 632
1 855
1 841
1 794
1 590
2,162
All others... __ .. _ __
do
1.832
1.747
1.848
1.878
1. 893
2. 102
1.781
1.726
2.145
1.801
1. 793
l!?95
1
Preliminary.
* Revised.
Data for June 1952,106,000.
fRevised series. Indexes reflect use of new base period; revisions prior to February 1951 for urban building and prior
tc April 1951 for construction costs will be published later.
& Data reported at the beginning of each month are shown here for the previous month.




SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1M52

1951

May

June

July

August

1952

September

October

November

December

January

re

aryU"

March

April

May

DOMESTIC TRADE—Continued
A D VERTISING— Con tinued
Magazine advertising:}
Cost, total
thous. of doL _ »• 52, 928
' 4, 636
\pparel and accessories
do
'<• 3, 848
\utomotive, incl accessories
- -do
r
2, 932
Building materials
do
'
5, 853
Dru^s and toiletries
do.- .
- 6, 627
Foods soft drinks confectionerv
do
'
2, 694
Beer wine, liquors
do

47, 445
3,187
3,828
2, 505
6,217
6,378
2,541

34, 694
879
3, 30S
1,483
5,459
5, 838
2,354

35, 961
3.484
3, 400
1 395 i
4,568 '
5.274
1.952

54, 268
6,681
4,154
3,136
6,024
6,617
2, 451

61,987
5,635
4,587
2,962
6,963
8,929
3,118

55, 520
4,232
3,635
1, 937
6, 674
7,881
3, 254

46,113
3, 333
2,985
865
5,698
6,247
4,443

31, 904
1.673
2,476
1 208
4,543
4,692
1,590

44, 629
3,108
2,878
1 919
6.107
7,147
2,290

60, 247
5,420
5,095
3 054
7,065
7,854
2. 851

59, 648
5, 029
4, 999
3 683
6,469
7, 150
2,477

60, 016
4, 735
5, 237
3 296
6, 1 66
6, 742
2,619

' 3, 951
'•3,484
' 2, 761
' 1,527
' 1, 382
' 13, 234

3,652
2,201
3,320
1, 518
1, 661
10, 436

1,654
840
2.234
942
1,478
8, 236

1,668
1.007
2.310
956
1, 138
8,808

3, 952
3, 368
3, 240
1, 185
1,341
12, 119

4,713
4,302
3,704
1.612
1 , 235
14, 229

3,839
3,506
3,309
1,361
1,170
14, 722

3, 136
2,099
2,891
854
1,532
12, 028

762
1,176
2,372
736
1,088
9,588

2,167
1,521
2,887
971
1,209
12, 424

3,970
2,709
3,769
1,356
1,357
15, 748

4. 401
3,644
3,872
1, 466
1, 259
15, 199

5, 004
3, 867
4,016
1 376
1. 395
15, 564

3,926

3,221

3,260

3,934

4,845

4,849

4,129

3,346

3,466

3, 985

4, 855

4,468

4, 093

do
do
do
. .do.. do
do
^°

226, 207
53, 766
172, 441
11, 509
2, 455
36, 120
122, 357

202, 047
49, 861
152, 186
10.814
2,214
30, 166
108, 992

178, 389
48, 762
129, 627
9,807
2,846
23, 690
93, 284

192, 528
50. 887
141.640
9, 574
1. 852
23, 364
106. 851

211, 499
51, 465
160, 033
7,889
2,234
30, 318
119, 592

228, 673
51,844
176,829
9,811
2,732
37, 983
126,303

230, 083
47, 780
182, 304
9, 519
2,417
34, 510
135, 858

214, 041
42, 998
171,043
6, 559
2, 526
25, 044
136,915

178, 077
46, 345
131,731
8.208
3, 663
21,020
98, 840

184, 640
46, 621
138,019
7.889
2.282
25, 749
102, 100

213, 228
52, 943
160, 285
8, 553
2,756
30, 203
118, 773

218,407
52, 790
165.617
9, 565
3, 133
31, 742
121,177

225, 606
56, 670
168,936
10,457
2,684
33, 444
12? 352

thousands..
thous. of dol

6,756
122, 605

7, 731
121.273

6,238
116,606

6, 485
118.392

6,333
114.593

7,168
126, 545

6,878
121,892

7,271
124,214

7,268
130, 038

6,948
124, 086

8,025
147, 902

132! 616

6,719
123,981

Household equipment and supplies
Household furnishings
Industrial materials
Soaps cleansers etc
Smoking materials
All other
- --Linage, total

do
do ._
do
do
do
do

thous. of lines..

Newspaper advertising:
Linage, total (52 cities)
Classified
Display, total
..
...
Automotive
Financial
-General
"Retail
POSTAL BUSINESS
Money orders, issued (50 cities) :
Domestic:
Number .....
Value

PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates :f
Oood^ and Cervices total
bil of dol
\utomobiles and parts

do

Other durable goods

do

' 204. 5

T

'25.5
'9.9
' 11. 5
4. 1
' 113.2
'20.0
' 69. 5
'5.2
2. 1
4. 7
Ml. 7

'67.6
10.1
' 22. 0
' 4. 1
r
4. 3
' 5. 5
21.6

Semidurable housefurnishings

do

Other nondurable goods

d.o

111.3
' 19.7
'68.2
' 5. 2
'2.1
4.6
Ml. 5

do
do
do
do
do
do
do

' 66. 9
MO. 1
' r21. 5
4. 1
r
4.1
'
5. 5
r
21.5

17

Clothin and shoes
p

,.

n

A

'I

Services
Household operation
Housing
Personal services
Recreation
Transportation
Other services

do
f]O

' 206. 4

' 26. 3
'11.0
' 11.2
M.I

' 210. 5

r 213 2

'25.3
'9.5
' 11.6
'4.3
r

' 25 2
'9 6
' 11 3
4 3

116.2
'20.7
' 70. 4
5.6
2.0
'4.9
M2. 5

T H%

0

r 20 6

' 71 8
'5 9
2 0
'5 2
' 12 5

'69.0
' 10. 6
' 22. 5
4. 1
'4.0
'5.7
'22.0

' 70 0
' 10 7
'22 9
4 2
'4 1
5 9
'22 3

RETAIL TRADE
All types of retail storesrf
Estimated sales (unadjusted), total- -mil. of doL_
Durable-goods stores 9
do
Automotive croup
do . _
Motor- vehicle dealers
- do.
Parts and accessories
do
Building materials and hardware group 9
mil. of d o l _ _
Lumber and building materials
do
Hardware
do
Homefurnishings group
-. - - - d o
Furniture and housefurnishinffs
do
Household appliances and radios
do
Jewelry stores.
_ _
do
Other durable-goods stores 9
__do
Nondurable-goods stores 9
- .do
Apparel group
do
Men's clothing and furnishings
do
Women's apparel and accessories
do
Family and other apparel
do._
Shoes
do
Drugstores
do__ .
Eating and drinking places 9
do
Food group 9
do__
Grocery and combination
_.do_-_
Other food 9
do
Gasoline service stations
do
General-merchandise group
do
Department, including mail-order 9 -do
Variety
do
Other general-merchandise stores
do




12, 736
4,623
2, 383
2, 245
138

12, 660
4,520
2. 343
2, 202
140

11,543
4,037
2, 089
1,956
133

1 2, 508
4,409
2,287
2. 144
143

12,410
4,190
2,121
1,988
133

13,190
4,451
2,142
2,000
142

12,702
3, 992
1 , 880
1,742
138

14,632
4, 106
1,765
1,611
154

11,338
3,597
1,872
1,755
117

11,181
3, 696
1,967
1 , 850
117

12, 134
3 978
2,107
1,981
120

'12,719
' 4, 392
' 2, 327
2,189
M38

13, 634
4,919
2,698
2, 546
152

1,005
734
271
617
408
210
90
528

970
715
255
606
392
214
96
505

900
674
226
546
349
197
71
430

949
713
236
642
406
236
79
453

904
667
237
634
389
245
80
451

1,023
764
259
698
437
261
89
498

862
617
245
707
443
264
109
435

791
492
299
804
505
299
244
502

693
499
194
542
340
203
76
414

703
503
199
548
;«8
210

' 879
' 624
' 255
583
385
198

932

408

745
527
218
569
367
202
72
484

' 526

276
668
451
217
91
530

8,114
814
176
322
172
144
365
962
3. 058
2,458
600
714
1.448
872
211
366

8,140
792
193
290
163
147
369
960
3, 156
2,561
594
718
1,413
840
216
358

7, 506
588
139
212
125
111
361
945
3, 020
2, 410
610
720
1, 181
680
197
304

8, 099
648
133
262
138
114
367
1,005
3, 21 1
2, 584
628
734
1,388
825
216
347

8, 220
820
163
336
176
145
359
986
3, 160
2, 546
614
699
1, 465
889
216
361

8, 739
899
196
370
199
135
375
1,008
3,141
2, 516
625
737
1 , 620
1,001
236
382

8,709
945
224
379
216
127
361
933
3, 152
2,550
602
713
1,762
1, 123
246
393

10, 526
1, 295
331
479
312
174
495
968
3,461
2,831
630
727
2, 517
1,494
478
546

7. 741
728
184
279
158
108
360
939
3, 058
2, 467
591
659
1, 168
713
172
282

7,485
639
143
258
137
101
366
903
2,986
2, 422
564
635
1, 151
690
187
275

8, 157
795
164
328
175
128
376
948
3,201
2,601
600
677
i, 307
790
205
312

' 8.
326
r
910
181
r
305
r
195
MG9
:'70
952
T
3, 109
' 2, 509
600
705
r
1, 463
871
'r 237
355

8, 715
842
177
337
181
148
384
1,004
3,412
2, 785
627
755
1.515
905
224
386

SURVEY OF CURRENT BUSINESS

July 1052

S-9

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

June

May

July

August

1952

September

October

November

December

January

February

March

April

May

DOMESTIC TRADE—Continued
RETAIL TRADE—Continued

All types of retail stores f— Continued
Estimated sales (unadjusted), total— Continued
Nondurable-goods stores 9— Continued
Other nondurable-goods stores 9 - - -mil. of doL
Liciuor
do
All other 9
do

752
204

Estimated sales (adjusted) , total
do
Durable-goods stores 9
do
Automotive group
do
Motor-vehicle dealers
do
Parts and accessories
do_.
Bui Iding materials and hardware group 9 do
Lumber and building materials
do
Hardware
_do .
Homefurnishings group
do
Furniture and housef urnishin gs
do
Household appliances and radios
do
Jewelry stores
- do
Other durable-goods stores 9
do

732
210

692
186

746
200

731
211

843
226

547

958
347

1,062
372

506

520

611

618

691

12, 240
4,186
2,170
2,048

12, 058
3,967
1,983
1,863

12, 429
4,133
2,125
2,000

12, 258
4,138
2,111
1,975

12, 551
4,189
2,144
2,014

12, 492
4,036
2,007
1,874

128

122

120

125

136

130

133

12, 318
3 918
1,930
1 801

897
658
239

874
641
233

872
647
225

852
621
231

863
624
239

820
580
240

582

586

586

624

832
593
239

630

631

656

369
213
96

370
216
94

381
205
94

396
228
91

388
242
93

399
232
92

410
246
100

548

522

12, 411
4,272
2,213
2,085

829
206

805
205

852
214

'817

624

600

638

605

12, 862
4 390
2 214
2 058

12, 399
4 083
2,010
1 866

r 12 711

156

144

805
568
237

12 650
4 150
2 023
1 878
'l46
880
631
249

930
671
259

870
619
251

r867

'622
944

625

649

648

624

839
593
246

604

637

405
220
95

417
233
103

408
240
97

403
222
98

463

481

412
224
96

494

501

392
212
95
r 483

489

8 500

8 472

8 316

r 8 425

831
192
327
178
134
390

806
180
308
185
133
382
976

8 593

129

484

462

432

441

472

459

453

Nondurable-goods stores 9
do
Apparel group
do _ _
Men 's clothing and furnishin gs
do
Women's apparel and accessories _ do
Family and other apparel
do
Shoes
do
Drugstores
do_ ._
Eating and drinking places 9 do

8,139

8,091

8,296
819
196
314
175
134
373
944

8 120

826
185
321
182
138
368
958

8,054
785
174
311
170
130
371
950

8,456
844
191
335
186
132
372
955

8 400

776
168
314
166
128
369
944

8,362
819
184
326
177
132
374
947

184
128
386
933

863
197
339
194
134
378
980

Food group 9
do
Grocery and combination
do
Other food 9
-- do __
Gasoline service stations
do__ _
General-merchandise group 9
- do
Department, including mail-order 9 --do
Variety
- - do
Other general-merchandise stores
do
Other nondurable-goods stores 9
do
Liquor
-do_ _
All other 9
do _ -

3,059
2,458
601
680
1. 476
879
234
363
772
221
551

3,045
2,464
581
690
1,452
880
227
345
761
220
541

3,067
2, 456
611
663
1,470
903
238
329
775
221
554

3,164
2, 555

3,087
2 493
594
684
1,485
901
232
352
775
221
554

3,078
2,471
607
705
1,486
885
237
364
953
347
606

3,183
2,586

3, 187
2 595

3 235
2 619

20, 570
9 870
10 700
20, 643
9 684
3,239

19 718
9 583
10 135
20, 282
9 562
3,141

18, 777
9 072
9.?05
20, 045
9 494
3,058

18, 715
8,638
10, 077
19, 429
9,154
2,921

882
465
417
761
693
717

19, 383
8,637
10, 746
18, 545
8,679
2,744

19, 657
8,578
11,079
18, 280
8,385
2,700

17 300
7 939
9? 361
18 093
8 218
2 613

2, 349
1,985

2,436
1 940
632
1,428

2,393
1,828
635
1,377

2,303
1 770
596
1 307

2,399
1,664
567
1, 305

2, 236
1, 618

2,172
1 588

1,456

2,367
1 977
639
1, 438

1,261

10, 959
2,498

10, 720
2,586

10, 551
2,588

10, 275
2, 475

723

704

710

702

10 068
2 386

2, 072
3, 625
2,041

1,994
3 446
1,990

1,909
3 423
1,921

1, 873
3, 327
1,898

1 941
3 193
1 849

9,866
2,299
712
1,929
3 056
1,870

9,895
2,282
684
2,002
2,977
1,950

2,797
240
27
100
68
r
45
103
71
65
45
798

2,840
237
28
94
70
51
102
73
63
45
803

2 526

175
19
72
51
49
98
73
65
39
692

2,754
186
18
80
53
&
103
74
67
47
812

2 810

237
25
99
68
47
105
72
64
47
831

3,008
246
3]
104
62
49
120
77
66
55
905

511
96

517
90
179

516
101
179
954

536
100
179
956

Estimated inventories :f
Unadjusted total
do__
Durable-goods stores
do
Nondurable-goods stores
- do
Adjusted total
-- __ do__ . '
Durable-goods stores
- do
Automotive group
do_
Building materials and hardware group
mil. of dol__
Homefurnishings group
do
Jewelry stores
__do
Other durable-goods stores
do
Nondurable-goods stores
Apparel group
Drug stores
Food group
General-merchandise group
Other nondurable-goods stores

do
do
do
- do_
do
do_

'
!

Chain stores and mail-order housesrf ci*
Sales, estimated, total
do
Apparel group
do
Men's wear
do__
i
Women's wear
do
Shoes
do__
Automotive parts and accessories
do
Building materials
do
Drugstores
._- ... _ _ do - i
Eating and drinking places
do
Furniture and housef urnishings
do
General-merchandise group
do
Department, dry goods, and general merchandise
mil. of dol
Mail-order (catalog sales)
__ _ do . ._
'
Variety
do
Grocery and combination
do
Indexes of sales:f cf
Unadjusted, combined index
1935-39 = 100...
Adjusted, combined index. _ _ _ _ _ _ _ _do_ _
Apparel group
_
_do__
Men's wear
do
Women's wear
do
Shoes
do
Automotive parts and accessories _ do
Building materials
do
Drug stores
_ _
do
Eating and drinking places
do
Furniture and housefurnishings
do
General-merchandise group
_ _-do_
Department, dry goods, and general merchandise .
1935-39 = 100 !
Mail-order
do
Variety
do
Grocery and combination.
do
•• Revised.
tRevised series; see note marked "f" on p. 8-8.




655

818
199
308
176
135
369
929

609
682
1, 533
922
246
365
781

227
554

18
8
10
18
8
2

699

597
714

822
178
000

1,014
3,191
2,578

3,171
2 563

2 099
r 139

T 840
r 19()
r

1 002

r 3 210
r 2 591

3 260
2 648

613
729

608
717
1,441
878
225

226
606

232
598

220
603

414
007
407
061
197
532

17, 986
8 127
9,859
17, 980
8,160
2,483

18, 664
8 454
10 210
17 887
8 075
2,593

1 236

2,284
1 554
594
1 233

2.372
1 498
580
1,227

2,270
1 427
571
1 214

9 875
2 244

9 864
2 206

9,820
2, 232

9 820
2.146

r 2 180

670

680

697

706

T 723

2 096
2 950
1 915

1 953
3 114
1 911

2 006
2 993
1,892

2 113
3 002
1 825

r 2 006

3,007
251
35
105
60
47
95
73
63
56
957

3 819

2 458

2 451

2 716

173
24
70
44
35
70
73
64
39
594

168
20
71
44
38
72
75
61
38
605

224
26
98
56
41
72
76
64
41
695

r 2 870
r 277

567
125
196
970

585
152
203
992

820
152
393

346
90
155
963

420
91
170
1 045

570

609

366
51
150
90
69
72
105
68
71
1 386

17
8
9
18
8
2

973

1,017

1,111

367.4
368.3
292.8
194.3
323.8
223 5
253.3
335 6
247.6
271 6
417.5
388. 4

345.2
372.3
301. 5
228 2
324.4
226 3
235.8
343 7
247.3
278 8
397 3
402.8

358. 5
381.5
303. 5
215.3
328.3
234.9
265.1
331.5
249.7
277.8
404.8
417.4

382.7
373.3
293 4
183 0
331. 9
226 8
272 4
321 2
251 4
273 7
423 6
392.2

393.5
382.3
302. 1
201. 6
341.2
228 0
265 5
334 9
253 1
276 2
456 2
399.0

410.1
384.2
312.8
215. 5
351. 1
228.8
273.1
332 5
247 3
280 0
460 0
404.1

498. 5
387.0
313 6
218 3
354.3
223 3
280 2
324 2
246 6
275 1
466 3
402 3

330.1
381 . 0
303 2
207 1
342.4
220 7
276 6
322 5
253 4
281 7
478 4
405 7

339.8
383.5
302 1
204 5
335. 8
228 3
299 2
370 7
260 8
280 3
432 3
407 8

352. 3
371 4
290 5
183 6
334. 3
215 5
264 3
338 4
253 6
269 9
419 9
381 4

558. 1
292. 3
260.0
434.5

540.7
286.6
252.3
440.8

560.9
295 6
264.2
439.1

590.6
283.7
272.4
452. 8

551.0
273 2
257.2
447.8

556.6
283 8
263 5
445.9

564.8
302 0
258. 1
459.0

564 1
296 1
256 8
466.2

569 7
294 6
261 1
453. 4

572 7
293 3
263 4
449.2

536 2
265 1
250 1
450.7

cf Revisions prior to August 1950 are available upon request.

618
724

r i 463
870
r 237

337

372.1
370.7
304.6
200.1
331.3
239.6
231.4
351 3
239. 2
276 8
399. 9
399. 7

145

139
384
970

r

1,486
896
237
354
830

212
607

103
580
520
375

824
179
326
184
135
384

178

616
721

208
635

577
13
4
2
2

r 333

1 490
910
235
345
833

348
90
143
972

9 Revised beginning 1935.

r 2 03$

592
719

438
76
163
906

175

r 4 286

1 534
917
233
384
819

1,545
941
232
372
843

803
226

r 212

356
r 835
r

235

612
721
1 513
909
235
368
81Q

232
587

600
r Ig 5Q9
r 8 537
r Q 965
r 18 010

T 8 208
T 2 766
r

18 03^

o 947

9
18
8
2

785
060
078
638

2, 191
r i 434
T 583
T i 234

2,236
1 413
576
1 215

r 9 802

9 98»>
2 275
697
2 020
3 086
1 904

r 3 055
r 1 838

28

r H7
r 81
r 45

r QO

75
66
42

r 818
r 5Q8

97
197
r

r
r
r

r

r
r
r
r
r

3 054

249
26
107
68
52
100
76
67
48
856
561
92
185

r 994

1 116

388. 0
382 5
312 3
188 1
359. 5
235 5
266 8
338 o
257 i
281 4

389.6
388 1
304 2
186 5
346. 1
2°9 4
270 1

r 414 2

r 403 8

r 567
283
r 263
* 45fi

6
1
8
0

253
287
424
410

2
0
6
7

582 9
2QO 2
261 4
4fU 7

s-io

SURVEY OF CURRENT BUSINESS

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survej

July 1952

1951

May

June

August

July

1952

September

October

November

December

January

F

*™'

March

April

May

DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Department stores:
Accounts receivable, end of month: t
Charge accounts
1947-49=100
Instalment accounts
__do
Ratio of collections to accounts receivable:
Charcre accounts
percent __
Instalment accounts
do
Sales by type of payment:
Cash pales
percent of total sales _
Charge account sales
do
Instalment sales
_ _ d o _ __
Sales, unadjusted, total U. S.f
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco

1947-49=100._
___
do
do _ _
-_-do
do
-_ do_ __
do
-do
do
- - do
do
- _do__.
do

Sales adjusted, total U. S.f
do ._
Atlanta
-do
Boston
do
Chicago
_ _ - _ do _
Cleveland
do
Dallas
do
Kansas City
do
Minneapolis
do
New York
do
Philadelphia
_ - _ _ . do __
Richmond
do
St Louis
_
do
San Francisco
do
Stocks, total U. S., end of month.-f
Unadjusted
do
\djusted
do
Mail-order and store sales:
Total sales ° companies
Montgomery Ward & Co
Sears, Roebuck & Co
Rural sales of general merchandise:
Total U S , unadjusted
East
South
Middle West
Far West
Total U. S., adjusted
East
South
_
Middle West
Far West

thous of dol
do
__do __
1935-39—100,do. _
do_.__
-do
do
do
do
do
do .
do

118
178

115
171

103
163

103
162

113
166

122
172

136
182

177
197

142
190

124
182

117
178

121
' 175

122
176

49
18

49
19

46
18

48
19

47
19

50
21

50
21

45
19

47
19

45
18

48
20

46
18

47
19

48
44
8

50
42
8

50
41
9

48
41
11

47
43
10

46
43
11

47
43
10

49
42
9

48
42
10

48
42
10

48
42
10

48
43
9

47
43
10

103
104

99
97
98
99
100
100
97
94
105
99
103
90
97

84
89
73
85
84
96
85
81
74
76
86
85
93

93
99
82
95
94
104
102
97
80
83
95
95
101

112
116
110
114
114
124
119
112
106
112
118
111
108

112
116
105
112
115
119
117
118
108
114
121
111
107

134
138
129
133
140
144
131
120
131
144
145
130
125

184
203
188
176
181
203
185
166
179
185
192
168
189

83
90
81
81
87
95
86
72
80
81
80
81
83

83
93
75
80
83
93
85
83
82
82
83
80
86

92
108
87
89
95
105
93
80
r
85
97
96
89
90

103
118
103
99
104
114
104
101
r
94
103
r
110
101
103

107
123
103
104
105
125
* 112
105
95
108
115
102
113

104

105
111
106
100
107
114
104
101
103
105
105
104
108

109
110
108
108
108
115
111
109
106
111
121
106
106

107
111
100
106
108
115
112
101
101
107
109
105
108

108
111
103
110
112
114
110
104
103
108
114
105
106

112
121
106
111
114
129
116
107
104
109
118
109
114

109
121
106
109
109
122
113
104
103
105
109
107

r 102

105
114
98
101
106
113
104
98
108
103
110
98
103

no

108
118
102
105
115
122
115
97
100
110
114
111
105

106
111
100
104
108
115
106
113
100
110
109
100
103

105
113
104
103
106
115
105
94
r
97
109
114
99
102

103
115
99
100
104
114
104
98
r
96
102
r
108
98
r
105

108
128
102
104
103
128
v H2
104
96
107
116
98
118

139
136

129
136

127
133

129
134

132
128

135
121

133
117

107
119

106
118

113
116

120
115

122
116

P 120
" 118

328, 424
100, 408
228, 017

322, 649
92,911
229, 738

273, 067
79, 657
193, 410

328, 568
98, 508
230, 060

338, 278
100, 873
237, 405

374,319
117,371
256, 949

398, 865
121,494
277, 371

477, 842
146,189
331, 653

248, 926
63, 912
185,014

246, 182
67, 879
178, 303

279 095
79, 273
199, 822

332 482
93 423
239, 059

368 073
101 381
266, 692

285.3
261.3
293.3
276.6
317.8
318.1
291. 0
353.8
312.2
354.7

287.0
265. 9
304.2
271.1
349.2
323.6
306.3
371. 4
296.0
385.9

242.6
216.1
263.3
228.5
307.1
329.2
323.5
376.7
305.9
376.3

294.9
261.8
301.7
281.3
366.1
321.6
298. 5
336.0
303.8
375.5

334.1
285.1
369.0
316.1
394.4
302.1
274.9
324.3
293.8
344.8

362.0
325.6
418.0
340.7
403. 8
302.7
271.3
327.1
290.0
359.3

439.3
445.9
500.6
411.6
456. 1
339.0
319.2
365.9
313.2
363.7

499.6
453.7
534.4
468.5
606.5
340.8
314.0
386. 4
315.7
386.8

248.5
228.4
273.8
236. 3
276. 8
328.3
301.3
342.2
315.1
376.1

263.3
242.7
296.1
240.0
284.7
314.6
292.4
340.3
300.0
381.1

276.3
271.1
306. 1
257.9
301.4
304.6
273.3
324.9
276.7
337.1

299.6
273.7
319.7
280.2
344.5
306. 6
273 2
345. 2
281.9
366.1

283 9
253.5
301. 8
269.8
327 7
316. 5
282 3
364 1
304 5
365 7

8,483
2,858
5, 625
10, 235
5, 032
5,203

8,265
2, 736
5, 529
10, 005
5,034
4,971

7,980
2,508
5,472
10, 097
5,019
5,078

9,124
2, 889
6, 235
9,987
4, 867
5,120

8,925
2, 836
6,089
10,059
4,792
5, 267

10, 129
3, 103
7, 026
10,116
4, 723
5,393

9,795
2,812
6,983
10, 077
4,650
5,427

9,237
2,516
6,721
9,861
4,606
5,255

8,681
2,375
6, 306
10,012
4, 823
5,189

8 197
2,465
5,732
9 870
4,800
5,070

8 174
2,726
5, 448
9 776
4 963
4 813

8 087
2 656
5,431
9 463
4 844
4 619

r

101
106
106
109
104
101
98
105
109
102
98

r

T

108

100
106
104
111
104
100
100
104

111
98

r

r

WHOLESALE TRADE*
Sales estimated (unadj ) total
Durable-goods establishments
Nondurable-goods establishments
Inventories estimated (unadj ) total
Durable-goods establishments
Nondurable-goods establishments

mil of dol
do
do
do
do
do

r

r

8 091
2,537
5, 554
9 959
4 924
5 035

r
r
r
r
r

EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. armed forces overseas
thousands..

153, 900

154, 122

154, 353

154, 595

154,853

155, 107

155, 356

155, 575

155, 783

155, 997

156, 197

156, 405

156, 602

108, 832
51, 883
56, 949

108, 836
51, 834
57, 002

108, 856
51, 798
57, 058

108, 896
51, 778
57, 118

108, 956
51, 780
57, 176

109, 064
51, 826
57, 238

109, 122
51,824
57, 298

109, 200
51, 844
57, 356

109, 260
51,852
57, 408

109,274
51 810
57, 464

109 274
51 758
57 516

109. 328
51 762
57 566

109 426
51 804
57 622

62, 803
43, 508
19, 294

63, 783
44, 316
19, 467

64, 382
44, 602
19, 780

64, 208
44, 720
19, 488

63, 186
43, 672
19, 514

63, 452
43, 522
19, 930

63, 164
43, 346
19, 818

62, 688
43, 1 14
19, 574

6J , 780
42 864
18, 916

61 838
42 858
18 980

61 518
42 810
18 708

61 744
42 946
18 798

62 778
43 26°
19 516

_ _ _ do. __
do
do_ __

61, 193
42, 558
18, 635

61, 803
43, 149
18, 654

62, 526
43, 504
19, 022

62, 630
43, 764
18, 866

61,580
42, 830
18, 750

61, 836
42, 632
19, 204

61, 336
42, 344
18, 992

61, 014
42 106
18, 908

59, 726
41 480
18, 246

59 752
41 489
18 270

59 714
41 586
18 128

60 132
41 898
18 234

61 176
49 290
18 886

do
_ do
do

7,440
53, 753
1,609

8,035
53, 768
1,980

7,908
54, 618
1,856

7,688
54, 942
1,578

7,526
54, 054
1,606

7 668
54, 168
1 616

7 022
54 314
1 828

6 378
54 636
1 674

6 186
53 540
2 054

6 064
53 688
2 086

6 01^
53 702
1 804

6 412
53 720

6 960
54 216

EMPLOYMENT
Employment status of civilian noninstitutional
population:
Estimated number 14 years of age and over,
total. __
„ _ _ _ _ thousands _
Male
do
Female
__do. _
Civilian labor force, total
Male
Female _ __
Employed
Male
Female

_ do
do
do. _
_

Agricultural employment
Nonagricultural employment
Unemployed

1 fil 9

-i ' pno

Not in labor force _
. do
46, 029
45, 053
44, 474
44, 688
45, 770
45 612
47 ^84
45 958
46 512
47 436
47 480
47 756
r
Revised.
» Preliminary.
fReviserl series. Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back to 1919 for sales by districts will be shown later Pubished revisions appear as follows: Accounts receivable (1941-51), p. 32 of this SURVEY; total U. S. Sales (1919-50), p. 32 of the February 1952 SURVEY; total U. S. stocks, p. 32 of this SURVEY
*Dataon total wholesale trade have been substituted for the series on service and limited-function wholesalers. Figures through 1950 appear on pp.. 23
- - of
• • the
• October
-- - 1951
- - ~SURVEY.
23 aand- 24




SURVEY OF CUERENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-ll
1952

1951

May

June

July

August

October

Novem-

ber

Decem-

ber

January

Febru-

ary

March

April

May

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT—Continued
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
thousands. _
Manufacturing
do
Durable-goods industries
_
_ do
Nondurable-goods industries
do
Mining, total
_
do
Metal.. . _ _
_
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production
thousands
Nonmetallic mining and quarrying
do
Contract construction
_
_ do
Transportation and public utilities
do
Interstate railroads
do
Local railways and bus lines
_
do
Telephone
do
Telegraph
_
_ do
Gas and electric utilities
_ do
Trade __
_
do__
Wholesale trade
do
Retail trade
do
General-merchandise stores
_ do
Food and liquor stores
do
Automotive and accessories dealers._.do
Finance _ _ _ _ _
_
_
_ do
Service
do
Hotels and lodging places
_
do
Laundries
do
Cleaning and dyeing plants _ _
_ do
Government
do
Total, adjusted (Federal Reserve)
Manufacturing
_
Mining
Contract construction
_
Transportation and public utilities _
Trade
__
Finance
__
_ __ _
Service
Government
_ _ - _

do
do
do
do
do
do
do
do
do

Production workers in manufacturing industries:
Total (U S Dept of Labor)
thousands
Durable-goods industries
_ _
_ do
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousands
Sawmills and planing mills
do
Furniture and fixtures
do
Stone, clay, and glass products _
do
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills J
thousands
Primary smelting and refining of nonferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands. _
Heating apparatus (except electrical) and
plumbers' supplies _
_ thousands
Machinery (except electrical)
_ do
Electrical machinery
_
_ do _
Transportation equipment
_
do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs do
Railroad equipment
do
Instruments and related products
_ do
Miscellaneous mfg. industries
_ do
Nondurable-goods industries
_
do
Food and kindred products
do
Meat products
do
Dairy products
_ _ _ _ _ _ do
Canning and preserving
do
Bakery products
_
do
Beverages
_
_ _
do
Tobacco manufactures
do
Textile-mill products
do
Broad-woven fabric mills
_ _ _ _ do
Knitting mills
do
Apparel and other finished textile products _
_ _
_ _
_ thousands
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
thousands
Women's outerwear
_
do
Paper and allied products
do
Pulp, paper, and paperboard mills do
Printing, publishing, and allied industries
thousands. _
Newspapers
do
Commercial prin ting. __ _ _
__do

46, 226
15, 853
8,975
6,878
915
103
70
377

46, 567
15, 956
8,998
6,958
927
105
70
378

46, 432
15 813
8,839
6 974
906
105
66
359

46, 724
16, 008
8,878
7 130
922
105
68
370

46, 956
16 039
8,913
7 126
917
104
68
367

46, 902
15 965
8,942
7 023
917
104
67
367

46, 852
15 890
8,976
6 914
917
105
67
368

47, 663
15 913
9 000
6 913
916
106
67
369

45, 913
15 776
8 946
6 830
909
107
67
367

258
106
2,598
4,137
1,463
144
630
49
521

265
108
2,686
4,161
1,468
143
637
48
527

268
108
2,754
4,176
1,468
141
648
49
534

270
110
2,809
4,190
1,468
142
652
48
535

269
110
2,768
4, 178
1,457
141
648
47
532

269
109
2,761
4, 166
1,440
141
649
48
529

269
107
2, 633
4, 165
1,428
141
653
47
528

269
105
2 518
4,161
1 426
141
654
47
527

267
101
2 316
4,103
1 394
141
653
47
526

9,683
2,568
7,115
1,475
1,271
742
1,874
4,789
452
360
159
6,377

9,732
2,581
7,151
1,458
1,270
750
1,893
4,835
478
365
161
6,377

9,667
2,594
7,073
1,407
1,268
756
1,908
4,852
510
369
158
6,356

9,641
2,596
7, 045
1,399
1,260
757
1,914
4, 839
507
365
153
6,401

9,781
2,594
7,187
1,487
1,274
754
1,898
4,831
473
362
157
6,544

9,893
2,622
7,271
1,550
1,281
748
1,898
4,770
437
360
159
6,532

10, 109
2,657
7,452
1,701
1,295
759
1,907
4,734
430
357
157
6, 497

10 660
2 657
8 003
2 092
1,316
768
1,912
4 702
426
356
154
6 881

9 720
2,622
7 098
1,472
1,282
749
1,909
4 671
424
356
154
6 509

46, 507
16, 081
916
2, 572
4,140
9,821
1,865
4,765
6,347

46, 626
16, 097
923
2,558
4, 132
9, 857
1,874
4,787
6,398

46, 602
16, 026
899
2,574
4, 134
9, 837
1,880
4,780
6,472

46, 555
15, 893
914
2,601
4, 143
9,822
1,895
4,791
6,496

46, 465
15, 801
912
2,587
4,157
9,791
1,908
4,783
6,526

46, 415
15, 748
914
2,630
4,173
9,770
1,917
4,746
6,517

46, 482
15, 761
916
2,581
4, 169
9,827
1,926
4,758
6,544

46 608
15 811
916
2 569
4, 161
9 893
1,931
4 749
6 578

46 471
15 830
916
2 545
4,139
9 852
1 919
4 742
6 528

r
r

12, 993
7,406
32

13, 064
7,409
34

12, 885
7,226
38

13, 069
7,261
41

13, 087
7,279
44

12, 997
7,296
47

12, 904
7,314
50

12 911
7 322
52

12 766
7 264
54

r

764
449
301
484
131
1,162

773
456
286
485
130
1,172

748
443
284
478
124
1,155

754
449
285
484
130
1,165

745
443
285
482
130
1,162

740
439
289
479
128
1,160

719
428
294
472
125
1,149

696
412
296
465
123
1,164

654
391
296
452
119
1 162

565

572

572

575

573

570

558

573

570

570

46

48

47

48

47

47

47

47

47

850

843

813

817

810

809

805

806

804

130
1,242
707
1,233
752
318
95
58
222
409

128
1,252
704
1,237
738
333
98
59
223
400

123
1, 235
684
1,187
684
347
101
47
221
383

122
1,209
696
1,198
675
357
99
57
224
388

121
1,219
707
1,211
679
360
102
60
226
388

120
1,242
707
1,205
667
362
104
62
228
390

120
1, 255
718
1,234
655
395
111
63
230
388

119
1, 269
726
1, 235
645
407
111
63
232
381

115
1,276
725
1,235
633
415
115
62
232
374

5,587
1,099
229
110
137
190
145
74
1,206
574
222

5,655
1,146
233
116
154
192
155
76
1,205
588
216

5,659
1,225
236
116
226
192
161
75
1,167
574
210

5,808
1,307
233
114
305
192
161
84
1,152
561
212

5,808
1,330
235
108
330
193
156
89
1,136
551
205

5,701
1,254
236
103
238
195
150
89
1,133
546
209

5,590
1 160
246
99
145
192
147
85
1,132
544
209

5 589
1 122
252
96
120
190
146
85
1 141
548
211

5 502
1 068
246
94
106
187
136
82
1 131
540
209

' 45, 899
r 15 ggg
r
9 010
r ft 849
r

45, 983
r 15 gss
T
9 025
r
6 833
899
r
107
61
362

r

T

r

r
T
r
r

12 820
7, 306
55

r

r

r

528
' 9, 811
2,599
r
7, 212
'r 1, 516
1, 292
' 734
r
1, 951
••4, 748
437
358
162
6,551

9, 660
2, 61 9
7 041
1, 430
1,287
^738
1,936
4 683
430
353
154
6,528

p 46 498
p 15,819
p 892
P 2, 473
p 4, 139
p 9, 893
p 1,947
p 4 763
P 6, 572

r 12 807
r
7 310
56

r

12, 712
7,314
57

P 12 559
P 7, 251
v 58

>"676
406
••291
'451
123
1, 146

P285
p452

r

T 670
398
296
T
449
121
1, 154
r

r

r

48

r 47

47

'807

••807

'807

r 1 123
r

P 6, 602

46, 507
r 15, 905
r
901
r
2, 517
r
4,
126
r
9, 815
r
1,
941
r
4, 748
6,554

560

5 514
1 060
244
95
r
105
187
134
80

•P 9,754
P 2, 596
•P 7, 158
P 1,466
P 1, 287
P736
p 1957
p 4, 787

r

567

' 116
1,281
'727
' 1,
251
r
634
424
122
61
'233
' 381

P106
p 2, 498
p 4, 136

46 534
15,883
906
r
2 527
r
4,
155
r
9 854
1,936
r 4 730
6 543

r
r

r

668
396
296
r
447
120
1,160

269
"•105
2, 416
' 4, 106
1,404
139
655
r

526

9 643
'r 2, 624
7 019
r
1,416
1,286
-•743
1,919
T
4, 667
428
r
354
153
6,490
46, 594
15,877
912
r
2, 593
'4,147
r
9, 860
1,929
r
4 738
6,538

'r 46, 249 P 46, 234
15 769 v 15 609
r
9 036
p 8, 974
•p 6 635
r 6 733
^897
p 891
107
P 107
61
"•356
P347

'267
102
2, 300
' 4, 119
1,395
139
r
664

267
101
2, 308
' 4, 111
1 392
141
660
47
r
526
r

r

r

r

l!5
1,277
r
723
1,r 263
639
427
126
61
'234
381
5 497

r I 056

r

240
96
104

!87

138
78

r 1 H2
r

527
210
r

518
210

998
135

1,000
135

990
129

1,047
139

1,037
138

1,019
131

1,008
117

1,035
123

1,029
127

' 1, 052
128

253
249
424
213

245
255
426
215

233
271
418
214

238
295
419
215

239
284
416
214

238
270
413
212

233
279
411
212

235
296
410
212

228
300
405
211

r
233
r
309
r

404
210

238
306
r 403
210

510
152
168

512
152
169

507
151
167

509
151
166

515
153
167

517
153
169

519
154
170

520
155
171

510
151
170

' 507
152
r
166

508
152
167

' Revised.
* Preliminary.
^Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL SUPPLEMENT, will be shown later.




902
107
62
366

r

1, 049
127

r

115
1,274
'714
1, 283
662
429
128
56
«-235
'380

p648

P 1, 142

?794
p 1, 257
P705
p 1, 306

P231
p373

'r 5, 398
p 5 308
v 1 059
1, 057
235
101
113
184
137
P 76
77
' 1 091 P i 078
507
209

••993
120

J>950

239
274
399
206

P 396

r

r

'506
152
166

?506

SURVEY OF CURRENT BUSINESS

S-12
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July inr>2

1951
May

June

July

August

1952

September

October

November

December

January

February

March

April

1
| May
l

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in mfg. industries — Continued
Total (IT. S. Dept. of Labor)— Continued
Nondurable-goods industries— Continued
Chemicals and allied products
thousands..
Industrial organic chemicals
do
Products of petroleum and coal
_ _ . do
Petroleum refining
do
Rubber products
do .
Tires and inner tubes
do
Leather axd leather products
_ _do
Footwear (except rubber)
do
Manufacturing production-worker employment
index, unadjusted (U. S. Dept. of Labor) f
1947-49=] 00. .
Manufacturing production-worker employment
index, adjusted (Federal Reserve) t- 1947-49= 100..

531
170
194
151
220
88
331
210

528
172
198
154
220
90
344
222

526
172
198
154
217
90
336
215

531
174
198
154
218
92
343
221

543
175
197
154
218
92
327
208

544
172
197
154
215
90
320
201

105. 0

105. 6

104.2

105. 7

105. 8

106.8

106. 8

106.0

104.8

103. 9

315. 230
128, 859

323, 393
138, 673
128, 024

326, 930
140, 248
129, 429

2.313
256

2, 334
258

Miscellaneous employment data:
286, 236
Federal and State highways, total§_ .number
115.462
Construction (Federal and State)
do
118. 484
Maintenance (State)
do _
Federal civilian employees:
2.273
United States
thousands
248
Washington, D. C., metropolitan area. -do
Railway employees (class I steam railways) :
1,324
Totaf,
thousands. .
Indexes:
126.4
Unadjusted
1935-39=100..
126.9
Adjusted
do

130,395

542
173
197
154
219
95
317
198

538
171
196
155
219
95
323
205

536
170
193
153
218
94
330
213

105. 1

104. 3

104. 4

103. 4

10*. 3

103. 5

314, 679
135, 562
124, 067

303, 304
128,757

273, 542
99. 528

121, 524

120.521

2,341
254

2, 330
250

2,335

2,342

249

'538
r
168
193
153
215
94
342
221

'538
168
194
152
216
94
343
222

103. 2

' 103. 6

' 103. 5

' 102. 8

plOl.5

103. 6

' 103.8

' 103. 7

' 103. 8

* 103. 2

246, 185
75, 055

230, 985
59, 281

263, 783
92, 142

118,621

227, 488
59, 491
115. 126

239, 087
68, 500

118,551

116.987

118,411

2 359
249

2,370

249

2 344
248

2 381
249

2 389
248

248

' 530
163
197
155
r
213
94
335
217

P518
p 186

p214
p325

2 392
248

1,330

1,330

1,332

1,321

1,305

1,293

1,285

1,257

1,252

1,255

1,264

127.0
125. 2

127.0
124.3

127.1
124. 5

126.1
123.1

124.6
120.5

123.3
122.2

122.2
124.2

119.9
124.6

119.4
122.3

r
f

119.7
122. 7

P 120. 5
P 122. 5

128.1

129.8

126.4

128. 4

130. 9

129.8

129.8

132. 9

130. 4

131.0

r

131. 4

127.8

40.7
41.8
43.2

40.7
41.8
42.4

40.2
40.9
43.1

40.3
41.3
43.9

40.6
41.6
44.2

40.5
41.7
44.0

40.5
41.5
43.9

41.2
42.2
45.1

40.8
41 8
44.4

40.7
41.7
' 44. 7

41.5
41.3
40.4
41.9
40.4
41.7

41.9
41.5
40.4
41.8
40.4
41.8

39.8
39.6
39.7
41.4
40.4
41.1

40.9
40.6
40.8
41.5
39.2
40.9

40.6
40.2
41.1
41.5
39.3
41.3

41.3
40.8
41.4
41.7
39.8
41.2

40.6
40.4
41.1
40.9
39.2
41.2

40.8
40.4
42.0
41.2
40.0
42.2

40 1
39 5
41 5
40 6
38.8
41.5

r

40. 6
40.1
41. 5
41.0
39.6
'41.2

r

41.1

41.4

40.8

40.2

41.0

40.4

41.0

41.9

40.8

' 40.6

r

41.8

41.9

40.9

41.4

40.4

41.6

41.1

41.4

41. 5

Ml. 6

41.6

41.2

41.8

41.8

41.0

41.3

41.7

41.7

41.4

42.3

41.8

41.8

41.8

MO. 8

P41.0

41.2
43.6
41.5
40.9
39. 8
43. 9

39.6
43.0
40.4
39. 9
37.9
43.7
40.4
40.7
41.8
39.9

39.9
43. 0
40.8
40.9
39.5
43.6
40.2
40.7
41.9
40.1

40.8
43.2
41.5
41.1
39.8
43.9
40.0
40.7
42.2
40.4

41. 1
43.4
41.5
40.9
39.7
43. 3
40.2
40.9
42.3
40.6

40.4
43.2
41.8
40.7
39.1
43.9
39.1
40.6
42.5
40.6

41.3
44.1
42.0
41. 7
40.4
44. 1
40.5
40.8
42.6
41.4

40.5
43.9
41.9
41.5
40.5
43. 2
40.7
41.0
42.1
41.0

40. 4
43. 6
41.6
' 41. 4
T
40.4
r
43. 2
MO. 0
' 41.4
' 41. 7
MO. 8

40. 5
43.5
41.3
' 41.3
" 40.3 i
r
43. 0 1
' 41.0 i
41. 1
Ml. 4
MO. 8

2g <)
' 42. S
' 40. B

p 42. 7

39. S
41.2
42.3
40. 7

41.2
43. 5
41.5
40.4
38.9
43. 8
40. 1
40.3
42. 6
40.8

39.3
41.6
41.6
45.1
38.1
41.9
41.2
36.6
38.8
39.9
35. 3

39.4
41.9
41.8
45. 4
38.6
42.1
41.9
37.9
3S. 6
39.5
35.6

39. 3
42.2
41.8
45. 4
40. 8
42.2
42.0
37. 6
37.7
38. 3
35. 4

39.1
42.0
41.3
44.9
41.7
41.9
41.9
38. 5
36.7
37.1
35. 3

39. 4
42.8
41.9
45. 0
43. 5
42.1
41.8
39. 5
36. 9
37.1
35. 5

38.9
42.0
41. 5
44.3
42.5
41.7
40.8
39.7
37.2
37. 0
36.3

39.2
42.0
44.1
43.8
37.0
41.5
40.6
39.3
37. 8
37.6
37.3

39.9
42.3
44.2
44.1
38.3
41.5
40.8
39.5
39. 3
39.3
37.8

39. 5
41.6
42.5
44.0
38 0
41.2
40.5
38.4
38.9
39.0
37.0

< 39. 5
41. 4
Ml. 4
r
43. 9
' 38. 4
41. 5
40. 7
r
3fi. 9
38.8
38.4
'37.8

39.3
Ml. 1 ,
40. 5
r
44. 2
38. 3
41.4 :
40. 3
36. 6
38.1
37.1
37.8

38.5
' 40. 9
40.3
44. 3

35. 3
36. 3

35. 3
36. 0

35. 4
36 2

35.8
35. 0

35. 6
35. 1

34.6
32. o

35. 5
32.2

36.2
33. 7

36.0
33.4

' 36. 7
r
34. 7

'36.8
35.2

35. 5
34.3

35. 0
33. 8

34. 4
34.9

35. 3
35. 4

35. 5
34. 4

35.0
32.8

35. 6
34.6
42.4
43.8

35.8
35. 8
42.8
44. 2

35. 7
35. 9
42.5
43.6

' 36. 5
36.4
42.4
M3. 6

36.7
36. 2
42. 6
43.8

38.7
36.7
39.9
41.8
40.4
40.7
40.6
40. 5
40.5
35. 6
33. 9

39.4
37. 5
40.7
41.8
40. 7
41.2
41 . 3
41.2
41.0
37.8
36.9

38.6
35.8
40.3
41.6
40 4
40.9
41.0
40.9
40.9
38.4
38.2

'38.4
36. 1
39.7
Ml. 4
r
4u. 3
MO. 8
r
40.7
' 40. 5
MO. 6
38.7
r
38. 6

'38.8
36. 3
40.3
' 41.2
40 3 1
40.6
40.4
MO. 6
MO. 8
38.7
38.6

1,277
P 121.8
T 122. 2

PAYROLLS
Manufacturing product ion -worker payroll index,
unadjusted (U. S. Dept. of Labor) f-1947-49= 100..

r

LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries .
. hours
Durable-goods industries
do
Ordnance and accessories
do
Lumber 1 and wood products (except furniture"
hours
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
do
Glass and glass products
do
Primary metal industries
...
do _.
Blast furnaces, steel works, and rolling
rnillst
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment)hours.
Heating apparatus (except electrical) and
plumbers' supplies
hours
Machinery (except electrical)
_do
Electrical machinery
do
Transportation equipment
do
Automobiles
do
\ircraft and parts
do
Ship and boat building and repairs
do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries .
do .
Nondurable-goods industries
Food and kindred products
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Tobacco manufactures
Textile-mill products
Broad-woven fabric mills
Knitting mills
_

__

do
do
do
do
do
do
do
do
do
do
do

Apparel and other finished textile products
hours .Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
hour*5
Women's ontprwpfir

do

43. 1
42.6
42.8
43.4
42.5
42.8
Paper and allied products
do
44.3
44.1
44.2
44. 6
44.0
44. 5
Pulp paper and paperboard mills do
Printing, publishing, and allied industries
38.6
39.2
38.6
38. 8
38. 7
38. 7
hours. 36. 7
36. 3
36.7
36.3
36. 9
36. 7
Newspapers
do
40.5
39.8
39.8
39. 9
39.7
39.5
Commercial printing
do
41.5
41.6
41.8
41.7
41.7
41.7
Chemicals and allied products
do
41.0
40 8
41. 3
40. 3
41 3
41 3
Industri'il organic chemicals
do
40. 9
40.6
41.4
40.7
40.9
41.8
Products of petroleum and coal
do __
40.2
41.1
40.4
40.4
41.6
40.5
Petroleum refining
do
40. 3
41.0
40.9
40.7
41.3
41.9
Rubber products
_ _ _ _ _ _ _
do
41.2
40.9
41.7
39.9
41.4
39.4
Tires and inner tubes
do
36.4
35.4
36. 7
35.9
37.1
35. 4
Leather and leather products
do
35.4
34.6
35.6
33.9
36.3
33.9
Footwear (except rubber)
do
r
Revised.
P Preliminary.
fSee note marked "t" on p. S-ll.
tRevised series. Indexes have been shifted to new base period; monthly data beginning 1939 will be shown later.
§Total includes State engineering, supervisory, and administrative employees not shown separately.




T

r

r

r

40.6
41 6
44.4
40 5
40 0
41 3
41 0
39.8
Ml.l

' 39.8
' 40 8
' 43. 4

P 40 0
P 40 8
MS. 6

r
40 8
10 5
r 40 7
r
40 6
39 0
' 38. fi

p 41 4
Ml 0
Ml 0
P 38. 2

36. 5

40.8

r 40. S

>> 40. 5
" 40. 6

40. 3
41.8
40. ."
40. 3
Ml. 1
' 40. (

P 41. 2
P 40. 6

ij 40. l i
'34. 5

'37.2
37. 1
36.1
35. 0
32.8

r

35. 8
34. 1
U.3
42.2

' 38. 3
36. 3
39. 5
Ml.l
40 2
MO. 4
40.2
' 39. 8
39. 9
' 37. 0
36.5

p 38. 8
"41.7

P 35. 3
p 37. 6

p 36. 3

P 41. 5
p 38. 8

Ml.O
P35.8
P39.2
P %fi

7

SURVEY OF CURRENT BUSINESS

July 11152
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-13

1<)51

May

June

July

August

1952

September

October

Novem- I December
ber

January

February

March

April

May

EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc. — Continued
Nonmanufacturing industries:
Mining:
Metal
hours
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
hours _ _
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction _
_ do- ..
Building construction
do
Transportation and public utilities:
Local railways and bus lines
_. ..do
Telephone
_
do
Telegraphf..
__
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
hours
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers.. _do
Service:
Hotels, year-round
..
.. do ..
Laundries
do
Cleaning and dyeing plants - . - do .
Industrial disputes (strikes and lock-outs):
Beginning in month:
Work stoppages _ _ . ... .
numberWorkers involved
thousands
In effect during month:
Work stoppages
number
Workers involved
thousands _ _
Percent of available workiner time . .
TJ. S. Employment Service placement activities:
Nonagricultural placements
thousands . _
Unemployment compensation (State laws):
Initial claims
do
Continued claims
_
. do . .
Benefit payments:
Beneficiaries, weeklv average
do_ Amount of payments
thous. of dol...

44.2
30.1
33.3

41.8
31.0
34.8

42.0
35.3
32.7

44.5
26.3
34.9

44.1
27.2
36.5

44.4
35.1
36.3

43.4

44.4
31.1
38.4

44.3
32.6
38.5

M4. 1
30.9
35.9

* 44.2

36.8
36.2

43.0

35.4

29.7

40.4
45.7
38.3
41.8
37.5

40.4
45.7
38.4
41.3
37.7

42.1
45.8
39.0
42.9
38.1

40.2
46.3
39.1
42.7
38.2

41.8
46.1
38.9
41.9
38,2

40.5
47.0
39.3
42.6
38.5

40.4
44.5
36.8
38.7
36. 4

41. 8
44.0
37. 9
38.9
37.7

41.7
43.7
37.9
39. 6
37. 5

-40.8
M4.3
' 38. 3
40 2

41.6
'43.5
' 37. 0
'38.3
'36.8

40.8
44.5
38.0
39.6
37.6

46.5
39.0
45.4
41.5

46.8
39.4
45.1
41.7

46.5
39.8
44.8
42.0

46.2
39.2
44.6
41.9

46.1
39.4
44.4
42.2

46.2
39. 1
44. 3
42.1

46.3
39.2
44.2
42.0

47.6
38.8
44. 3
42.1

46.4
38.7
1
43.9
41.9

46.0
46. 5
38.5
38. 5
43.9
Ml. 4 """"'•" 41." 5"

45.6
35.1

40.0

40.7

40.7

40.7

40.9

40.8

40.8

41.1

40.7

40.4

40.4

40.2

39.8
35.5
39.7
45.1,

40.4
36.5
40.5
45.6

40.8
37.1
41.1
45.3

40.8
36.9
41.0
45.3

40.0
35.9
40.0
45.2

39.8
35.6
39.6
45.4

39.4
35.1
39.7
45.3

40.1
37.0
40.0
45.4

39.8
35.8
39. 4
44.9

39. 8
'35.9
' 39. 4
45.0

39.7
35. 8
r
39. 4
' 45. 0

39.7
35 8
39.6
45.2

43.4
41.4
43.1

43.4
41.5
42.6

43.4
41.3
41.6

43.3
40.9
40.3

42.9
41.3
41.6

42.9
41.1
41.5

43.1
41.0
40.7

43.2
41.4
41.1

4i.a

42.8
40.7

M2.8
MO. 9
'39.8

42.7
41.0
MO.O

42.8
41.2
41.0

440
166

396
194

450
284

505
213

457
215

487
248

305
84

186
82

400
190

350
185

400
240

475
1,000

••621
r
249

r
615
r

600
250
1,250
.14

550
250
1,270
.15

600
320
1,400
.17

1 820
.21

201
1,800
.21

r

644

r

345
1, 880
.22

••314
2, 640
.28

693
340
2,540
.33

T

r
r

728

r

.30

521
'191
1,610
.19

365

2,790

-357
' 130
1,020
.13

r 37. 9

41.4

650
1,200

5,300

.61

475
300
675
1, 200

7,500
.90

610

585

586

628

621

610

498

426

473

427

465

566

572

908

3,977

1,118
3,704

1,086

4,042

950
4,071

724
3, 329

902

3,692

948
3,817

1,152
4,114

1,382
6, 157

890
5,169

867

4,834

1, 109
4, 825

915
4, 445

773
70, 799

821
68, 780

748
65, 922

801
75, 131

758
62, 049

713
67, 449

749
68, 607

797
70, 624

1,185

116,469

1, 146
105, 023

1,113
101, 564

993
94, 385

918
86, 958

Veterans' unemployment allowances:
Initial claims
thousands
Continued claims
do
Amount of payments
thous. of dol_.

1
6
146

1
5
97

1
5
105

1
5
93

1
3
66

3
53

1
3
50

1
3
57

1
4
83

(2)

(2)

Labor turn-over in manufacturing establishments:
Accession rate....monthly rate per 100 employees. _
Separation rate, total
do
Discharges _
. __
_
do
Lay-offs
do
Quits
.
do
Military and miscellaneous. _ ..
do

4.5
4.8
.4
1.2
2.8
.4

4.9
4.3
.4
1.0
2.5
.4

4.2
4.4
.3
1.3
2.4
.4

4.5
5.3
.4
1.4
3.1
.4

4.3
5.1
.3
1.3
3.1
.4

4.4
4.7
.4
1.4
2.5
.4

3.9
4.3
.3
1.7
1.9
.4

3.0
3.5
.3
1.5
1.4
.3

4.4
4.0
.3
1.4
1.9
.4

64.55
69.60
72.45

65.08
70.27
71.02

64.24
68.79

64.32
69.55
73.71

65.49
71.01
76.47

65.41
71.10

65.85

67.40

75.68

77.62

66.91
72.15

66.91
72.18
' 78. 76

59.72
59.22
56.28

57.43
57.46
55.74
65.04

61. 51
61.06
58.40
65.74
65.40
75.79

60.86
60.56

60.18

57. 02

65.93
65.67
74.82

'
'
'
'

74.76

60.49
60.29
57. 53
64.74
63.19
73. 70

62.32

75.02

61.51
60.92
56.03
65.25
65.97
76.03

66.70
'75.91

' 70. 64

76.90

78.70

77.64

75.25

78.72

' 76. 99

68.11

70.18

70.73

69.90

70.46

73.63

72.64

69.18

69.43

67.98

69.67
76.30
66.57

69.50
76.65
67.15

67.40
75.42

3
65

(2)

3
54

3.9
3.7
.3
1.1
2.0
.3

3.9
3.9
.3
1.3
1.9
.4

2
44

'3.7
M.I
.3
1.3
'2.2
.3

(2)
31

P3.9
v 4. 0
v .3
v 1.2
P 2. 2
P .3

WAGES
Average weekly earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars
Durable-goods industries
do _ ..
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars..
Sawmills and planing mills
do
Furniture and fixtures
do
Stone, clay, and glass products
do
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling millsj
dollars _ _
Primary smelting and refining of nonferrous
metals
dollars _ _
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars. _
Heating apparatus (except electrical) and
plumbers' supplies
dollars..
Machinery (except electrical)
do
Electrical machinery
do

65.11
65.81

73.10

67.14

66.13

75.50

71.05

72.71

67.19

72.55
' 79. 08
59. 70
59. 04
60. 71
65. 64

' 65. 83
' 71. 03
' 77. 17

p 66. 32
v 71. 11
* 77. 96

' 61. 28

p 60. 65

65.50
75.23

59.47
60.48
65.30
66.28
77.73

56.56
59.84
64.35
76.86

* 59. 11
' 58. 47
' 60. 26
r
65. 23
65. 54
r 75. 85

75.79

77.49

79.44

77.93

' 76. 53

68.64

70.47

69.95

71.58

73.54

r

68.68

70.14

70.39

69.92

71.78

71.06

' 71. 27

" 71. 52

' 69. 73

67.23
75.94
66.34

69.89
77.24
68.06

70.65
77.86
68.27

69.53
77.63

71.49

70.07

' 69. 85
f
79. 70
' 69. 93

' 70. 39
80. 08
r 69. 96

67. 57
' 78. 58 "p~78~57~
' 68. 82 v 68. 65

' 79. 24
' 79. 83
r 80. 01

'
'
'
'
'
'
'

' 78. 74

* 78. 11

76.21
' 70. 20
59. 00

*71.15
P 60. 74

61.49
58. 79

58.81
65. 03

69.10

79.95
69.97

Transportation equipment
do
74.97
75.14
74.33
77.43
76.36
77.14
77.05
79.48
Automobiles
...do
74.90
74.88
73.30
76.31
77.53
77. 34
76.44
79.91
Aircraft and parts
do
77.22
77.31
77.48
79.28
77.48
78.07
79.85
80.57
70.42
Ship and boat building and re pairs ...do
68.46
71.59
71.96
71.52
73.57
72.37
74.12
Railroad equipment
do
76. 55
75.64
75.82
76.96
77.05
77.06
76.49
77.81
Instruments and related products
do
69.44
68.78
68.18
68.51
69.93
70.26
70.98
71.70
57.85
Miscellaneous mfg. industries
. do
57.39
56.46
56.82
57.61
58.18
58.71
60.53
r
Revised.
» Preliminary.
1 See note "f" fc>r this page ; compara ble figure f(>r Decernb £T 1951, 43. 8.
2 Les s than 500 claims,
t Revised series. Beginning 1952, data cover all <lomestic (1 and-line) e mployees e xcept mes sengers anc I those conapensated entirely on a
divisional headquarters personnel and trainees in set1001.
t;See note r narked "J* on p. S-ll .
*New series. Data beginning 1947 will be showri later.




77.26

64.14

79.81

70.22
79.47
80.55
79.53
74.85
76.79

71.02

59.94

73. 17

r 74. 32
' 78. 12
71.02
' 60. 18

80. 00
80. 56
80. 58
77. 29
78. 17
71. 04
60. 34

60.63

' 59. 67 ""p~6~6.~i9~
' 65. 04 p 65. 76

65.60

80.68
77.46
75.45

r

P 70. 29

p 70. 48

commisvsion basis; earlier dat a exclude general and

SUEVEY OF CUERENT BUSINESS

S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

EMPLOYMENT AND POPULATION—Continued
WAG E S— Continued

Average weekly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries
_ dollars
Food and kindred products
_ - do
Meat products
do
Dairy products
do
Canning and preserving
do
Bakery products
do
Bevera^s
do
Tobacco manufactures
do
Textile-mill products
do
Broad-woven fabric mills
do
Kr» itting mills
- - do
Apparel and other finished textile products
dollars. _
M^en'^ and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
do
Paper and allied products
- do
Pulp paper and paperboard mills do
Printing, publishing, and allied industries
dollars. _
Newspapers
do
Commercial printing
do
Chemicals and allied products
do_
Industrial organic chemicals
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
do
Non manufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production :
Petroleum and natural-gas production
dollars
Nonmetallic mining and Quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
_ _ _ _ do _ _
Gas and electric utilities
do
Trade:
Wholesale trade
do _ _
Retail trade (except eating and drinking
places) *
dollars
General-merchandise stores
do
Food and liquor stores
do
Finance:
Banks and trust companies
Service:
Hotels year-round
Laundries
Cleaning and dyeing plants

57.93
60.40
63.90
60.52
48.88
57.24
73.75

r

42.49
51.37
52.67
45.04

58.47
61.80
67.88
61.11
49.25
57. 93
75.21
44.49
51.07
52. 10
45.18

58.48
61.65
68.26
62.02
49.20
58.15
75.64
44.03
49.58
50.25
44.57

57.91
61.15
67.48
60.70
53.00
58. 07
75.13
44.08
48.08
48. 30
44.44

58.67
62.06
68.46
62.10
54.33
58.69
75.11
44.75
48.74
48.75
44.84

58. 00
61.91
67.65
60.60
56.87
58.38
72.54
45.30
49.29
48.77
40. 06

59.07
63.34
73. 51
60.09
47.80
59.26
74.54
46.26
50.46
50.01
47.56

60,45
64.13
73.06
61.48
51.02
59.43
73.48
46.53
52. 70
52. 62
48. 08

60.04
63.40
69.66
62.79
50.35
59.04
72.94
45.27
52.40
52.10
47.06

60. 12
' 03. 30
r 68. 72
' 62. 29
' 51. 11
' GO. 09
' 73. 50
r 43. 69
r
52. 22
' 51. 19
' 48. 31

43.56
53.29

44.05
52.85

45.10
52.82

46.11
51.56

45.89
51.98

43.70
47.81

45.12
47.59

40. 20
49.98

40.40
50.00

37.28
47.30
65.92
70.96

36.82
47.52
65.56
70.84

36.15
52.35
65.44
71.73

36.99
53.45
64.84
70.38

37.67
51. 50
65. 57
71.29

37. 14
47.33
65.32
71. 15

38.13
50.41
65.64
71.31

38.09
52,30
66.08
72.22

75.66
83.49
74.60
68.14
72.07
81.31
84.77
68.56
75.92
45.38
41.70

75.82
83.16
74.86
68.72
72.48
81.20
84.76
71.27
82.44
46.90
43.79

75.50
82.36
74.86
69.01
73.06
84.06
87.94
70.81
83.67
47.12
44.39

75.54
82.29
74.77
68.18
71.67
80.55
83.70
69.52
82.07
46.19
43.29

77.69
85.13
76.99
68.43
72.54
83.21
86. 60
70.18
81. 64
45.92
42.73

76.27
84.59
75.13
68.18
71.17
81.72
84.68
68.67
78.76
45. 31
41.83

77.09
85.51
76.57
68.72
71.63
81.28
84.89
69.46
80.27
45.85
41.93

74.96
66.67
73.86

70.89
68.94
77.67

72.32
79.50
73.71

75.74
58.52
77.23

76.43
60. 36
81.61

76.10
78.24
80.62

78.30
67.22
81.62
81.26
81.83

78.74
67.82
82.41
81.48
82.71

83.32
68.84
83.73
84.81
83.63

78.15
69.59
84.46
85.27
84.31

83. 68
70.63
85.19
84.72
85.42

78.93
71.72
86.26
86.61
86.20

v 59. 60
v G5. 18

»• 43. 85
51.32
49.34
48.12

' 58. 91
' 63. 23
f 68. 07
62.99
51.01
60.92
74.14
' 41. 23
«• 49. 89
49.19
45.77

r 47. 50
' 51.07

' 47. 36
52.38

' 43. 61
47.99

v 45. 05

38.06
53.38
66.39
71.29

r

39.34
r 53. 14
r
67. 35
72.66

38.13
47.50
' 65. 21
69.84

79.43
88.65
78.75
69.10
72.45
82.94
87.14
73.91
86.20
48.61
45.57

77.28
83.13
78.18
69.06
72.11
82.66
86.67
74.19
86.99
49.54
47.52

r

' 79. 19
r 84. 98
r 79. 23
5- 69. 01
72.50
' 81. 77
85.16
* 73. 40
r
85. 72
' 50. 39
' 48. 94

' 78. 32
85. 60
77.74
f 69. 25
73.00
' 81. 93
85.26
r
71. 68
82.83
r
48. 32
46.25

74.43
81.84
81.09

79.43
69. 98
86.28

79.12
73.58
86.39

' 79. 25
68.97
r
80. 27

' 80. 05

77.49

r

79. 30

66.35

79.02
68.35
81.66
79.30
82.26

83.85
67.32
83.83
79.08
84.94

84 53
66.69
84.74
81.26
85.35

r

82. 29
r 67. 60
' 85. 95
r 82. 73
r
86. 60

r

84. 78
' 60. 95
r
83. 29
r
78. 71
' 84. 38

82.33
68.71
84.89
81.62
85. 58

73.92
59.68
70. 77
73.20

' 73. 52
' 59. 83
r
70. 90
r
72. 82

r

39. 02
' 54. 78
>• GO. 57
r 71. 08

77. 04
«• 84. 19
r 77. 20
• 68. 81
r 72. 02
* 82. 09
r 85. 03
r 73. 31

r 85. 75
r 50. 19
' 48. 52

63. 25
r 51. 71
' 60. 07
r 73. 31

r

72.17
56.59
65.97
70.72

72.77
58.12
65.44
71.06

73.19
59.30
71.23
71.82

72.72
58.84
70.47
71.73

73.11
59. 97
72.33
72.88

73.23
59.94
72.34
72.92

73.11
60.84
72.13
73.29

75.35
59.44
72.21
73.63

* 73. 54

73.24

63.78

64.35

64.55

64.51

65.64

65. 44

65.52

66.58

66.42

' 66. 13

«• GO. GO

66.73

49.83
36.71
53.44
66.22

50.74
37.70
54.72
67.03

51.49
38.51
55.44
66.91

51.37
38.01
55.23
67.18

50.80
37.19
54.24
67.94

50.43
36.56
53.90
67.24

49.92
30.12
54.35
67.13

49.92
37.52
54.44
67.06

51.22
38.27
54.53
66 68

' 50. 98
' 37. 44
r
54. 45
' 67. 37

' 50. 80
r 37. 23
' 54. 73
r
67. 77

51.05
37.05
55.08
69.25

1

r

73. 05
59. 33

p 42. 18
P 50. 65

P 65. 86
p 79. 85
p 70. 11
p 72. 42
p 69. 74
p 48. 41

— _

73.23
54.23

50.11

50.06

50.50

50.28

50.36

50.78

51.13

51.81

52.05

' 52. 14

' 52. 43

52.14

do
do
do

35.02
37.96
45.90

35. 24
38.06
45.45

35.46
37.83
44.26

35.29
37.38
42.56

35.78
37.87
44.72

35. 91
37. 73
44.36

36.20
37.93
43.71

36.81
38.34
44.14

36.47
38.55
44.08

' 36. 59
«• 37. 96
«• 43. 14

' 36. 68
' 38. 21
' 43. 28

36.94
38.60
44.77

1.586
1.665
1.677

1.599
1.681
1.675

1.598
1.682
1. 696

1.596
1.684
1.679

1.613
1.707
1.730

1.615
1.705
1. 710

1.626
' .712
.724

1. 030
1. 723
1.721

1.640
1.726
1.740

1.644
1.731
' 1. 762

1.655
1.744
1. 781

' 1. 654
' 1. 741
* 1. 778

p 1. 058
P 1. 743
P 1. 788

1.439
1.434
1.393
1.554
1.629
1.799

1. 468
1.468
1.387
1.561
1.633
1.819

1.443
1.451
1.404
1.571
1.662
1.819

1.479
1.485
1.410
1.560
1.612
1.802

1.515
1.519
1.421
1 . 584
1.664
1.835

1.509
1.507
1.420
1. 581
1.650
1.816

.499
.499
.431
1.590
1.671
1.826

1.475
1.472
1.440
1.585
1. 657
1.842

1.422

' 1. 456
' I. 458
«• 1. 452
' 1. 591
1.655
1.841

r 1. 474
r
1. 476
r
1. 470
r
1. 601
1. 676
r
1. 847

' 1. 502
1.497
' 1. 406
* 1. 602
1.682
r
1. 380

p 1. 465

1 432
1.442
1.585
1.053
1.852

1.871

1.901

1.903

1.872

1.920

1.876

1.890

1. 890

1.910

r

r

1.679

1.688

1.709

1.702

1.699

1. 694

1.702

1.729

1.772

>• 1. 759

1. 655

1.661

1.658

1.663

1.682

1.688

1.689

1.697

1.700

r

1. 705

r

r

1. 729
1.828

' 1. 738
1.841
' 1. 694
r 1. 937

r

1. 885

1.691
1.750
1.604

1.687
1.762
1.618

1.702
1.754
1.637

1.685
1.766
1.626

1.713
1.788
1.640

1.719
1.794
1.645

1.721
1.797
1.653

1.731
1.813
1.666

1.730
1.818
1.676

1.833
1.882
1.759
1.720
1.858
1.626
1.410

1.860
1.925
1. 765
1.756
1.877
1.630
1.418

1.863
1.934
1.773
1.772
1.863
1.631
1.415

1.867
1.932
1. 777
1.790
1.893
1.635
1.417

1.884
1.948
1 . 806
1.788
1.891
1.657
1.426

1.885
1.948
1.803
1.830
1.884
1.661
1.433

1.893
1.955
1.819
1.851
1.884
1.670
1.446

1. 900
1.978
1.827
1. 830
1.907
1.683
1.462

1.915
1.989
1.841
1.839
1.873
1.687
1.462

1.914
1. 976
' 1. 852
r
1. 858
T
1. 887
r
1. 703
' 1. 475

1.507
1.481
1.484
1.488
1.489
1.474
1.515
1.491
1.520
Nondurable-goods industries
do
1.508
1.461
1.456
1.524
1.452
1.475
1.450
1.516
1.474
Food and kindred products
do
1.667
1.633
1.634
1.624
.634
1.536
1.630
1.653
1.639
Meat products
- _. __ do__
1.372
1.366
1.352
1.342
1.394
1.346
.380
1.368
1.427
Dairy products
do
1.292
1.206
1.271
1.276
1.249
1.283
1.332
1.325
1.338
Canning and preserving
do
1.428
1.386
1.378
1.366
1.376
.394
1.400
1.432
1.433
Bakery products
do_ _
1.801
1.793
1.790
1.795
1.836
.797
1.801
1.778
1.801
Beverages
do
' Revised.
* Preliminary.
1 See note " t" on p. S-13; comparable figure for December 1951, $70.47.
tRevised series. See note " t" on p. S-13.
*New series. Data beginning 1947 will be shown later. JSee note marked "t" on p. S-ll.

1.522
1. 529
' 1. 660
r
1. 419
r
1.331




r

do

Average hourly earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture) __
dollars
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone clay, and glass products
do
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling millst
dollars
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars, _
Heating apparatus (except electrical) and
plumbers' supplies
dollars
Machinery (except electrical)
___do
Electrical machinery
do
Transportation equipment
Automobiles
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries.-

60.09
' 63. 42
r 68. 12

do
do
do
do
do
do _
do

* 1. 681
r

r

r

r 1. 448
r

1. 806

r

1.860

1.770

1. 703

1. 711

«• 1. 709

p 1.719

1.737
1.836
' 1. 695

P 1.840
p 1. 695

1. 999
1.874
r
1. 885
' 1. 902
r
1. 716
' 1. 479

r

1.529
1. 543
1. 682

' 1. 431
r
r

v 1. 840

1. 887

r

r

p 1. 468
p 1. 604

1.360
1. 451

' 1. 819

1. 930
2.002
1.853
1.803
1.891
r
1. 708
' 1. 475

p 1. 924

* 1. 530
1.546
1. 689
1.422
1.353
1.408
1.826

p 1. 536
p 1. 563

p 1. 727
p 1. 496

SURVEY OF CURRENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-15
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

EMPLOYMENT AND POPULATION—Continued
WAGES—Continued

Average hourly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries— Continued
Tobacco manufactures
dollars
Textile-mill products
._.
do
Broad -woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars. _
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
do
Paper and allied products
do _
Pulp, paper, and paperboard mills do
Printing, publishing, and allied industries
dollars. _
Newspapers
do
Commercial printing
do
Chemicals and allied products
do _ _
Industrial organic chemicals __
do
Products of petroleum and coal
..do _
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal
_
do
Anthracite _
do_ __
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars. _
Nonmetallic mining and quarrying
do
Contract construction
-_
do
Nonbuilding construction
do
Building construction
do_
Transportation and public utilities:
Local railways and bus lines
do
Telephone
_ __
do
Telegraphf
..do
Gas and electric utilities
.
do
Trade:
Wholesale trade
_
do
Retail trade (except eating and drinking
places)*
_ dollars
General-merchandise stores
_ do
Food and liquor stores
do
Automotive and accessories dealers___do_ _
Service:
Hotels, year-round
do. _ _
Laundries
do_
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (E. N. R.):§
Common labor
dol. per hr__
Skilled labor
do
Farm wage rates, without board or room (quarterly) _
_
dol. perhr..
Railway wasres (average, class I) .._ ... do.- _
Road-building wages, common labor _ _
do

r

1. 346
1. 333
1. 278

1. 198
' 1. 347
1.330
1.273

' 1.195
•• 1. 341
1.326
1.268

P 1.195
p 1. 347

1.289
1.497

«• 1. 296
' 1. 489

«• 1. 287
1.488

r 1. 246

v 1. 241

1.064
1.461
1.558
1.634

1. 066
1.487
1.562
1. 635

r

1.992
2. 330
1.919
1. 644
1.773

2. 016
2. 364
1.935
1. 653
1.780

2.002
2. 322
1.940
1.660
1.785

r

1.998
2 096
1.704
1.974
1.280
1.234

1.997
2.091
1. 715
1.982
1.288
1.237

2.013
2. 110
1.794
2.104
1. 286
1.235

1.733
2.219
2.236

1.714
2.229
2 221

1.715
2.224
2.240

1.944
1.503
2.160
1.977
2.207

2.002
1.532
2.190
2 022
2. 236

1.949
1.526
2.195
2 033
2.239

1.574
1.490
1.590
1.710

1.574
1. 501
1.580
1.712

1.586
1 522
1.629
1 727

1.581

1.586

1.585

1.252
1.034
1 346
1.465

1.256
1.033
1 351
1.470

1.262
1.038
1 349
1.477

.807
.917
1.065

.812
.917
1.067

1.608
2.629
1.725

1.161
1.324
1.320
1.276

1.174
1. 323
1.319
1.269

1.171
1.315
1.312
1.259

1.145
1.310
1.302
1.259

1.133
1.321
1.314
1.263

1.141
1.325
1.318
1.269

1.177
1.335
1.330
1.275

1.178
1.341
1. 339
1.272

1.179
1. 347
1. 336
1.288

1.234
1.468

1.248
1.468

1.274
1.459

1.288
1.473

1. 289
1.481

1.263
1.471

1.271
1.478

1.278
].483

1.050
1.379
1.519
1.591

1.052
1.406
1.521
1.599

1.051
1.500
1. 529
1.612

1.048
1.510
1.522
1.596

1.061
1.497
1.532
1.613

1.061
1. 443
1.537
1.617

1.071
1.457
1.548
1.628

1.955
2.275
1.879
1.634
1.745

1.954
2.266
1.881
1.648
1.755

1. 953
2.269
1.881
1.659
1.769

1.952
2.267
1.874
1.643
1.748

1.982
2. 307
1.901
1.641
1.778

1.976
2.305
1.902
1. 631
1.766

1.988
2.093
1.660
1.927
1.282
1.230

1.995
2.098
1.701
1.977
1.278
1.230

2.011
2.114
1.727
2.021
1.270
1.223

1.984
2.082
1.708
1.992
1.269
1.223

2.010
2.107
1.716
1.996
1.279
1.235

1.696
2.215
2.218

1.696
2.224
2.232

1.722
2.252
2.254

1.702
2. 225
2. 213

1.938
1.471
2.131
1.944
2.182

1.949
1.484
2.146
1.973
2.194

1.979
1.503
2.147
1.997
2.195

1. 552
1.451
1.453
1.704

1.555
1. 475
1.451
1.704

1.571

:

r 1. 184

r

r

r

1. 463

1.072
1. 468

1. 065
1.393

1. 069
«• 1. 505

r

' 1. 570

r 1. 581

r 1. 579

1.659

1.655
' 2. 045
2. 358
1.968

v 2. 058

r 1. 662

r 2. 041
r
2. 341
T
1. 966
r 1. 675

r 1. 685

v 1. 710

1.787

1.799

1.816

2.021
2.114
1.814
2 127
1.290
1.244

2 012
2 104
1 810
r
2. 112
r
1 297
' 1. 257

' 2. 014
2 108
r
1. 808
r
2. 101
r
1.302
' 1. 268

1.789
2.250
2.247

1.786
2. 257
2.244

r 1 797

r

1 811

1.802

r

2 240

2 234

1.956
1.536
2. 219
2.049
2.260

2.006
1.530
2.212
2 033
2.253

2.027
1.526
2 236
2 052
2 276

1. 585
1 533
1.635
1 732

1. 579
1.552
1. 632
1 745

1.583
1 532
1.630
1 749

1 593
1 542
1 612
1 747

r i 615
r i 759

1 605

1 604

1.606

1 620

1 632

r i 637

r 1 650

1 660

1.259
1.030
1 347
1.483

1 270
1.036
1 356
1.503

1 267
1.027
1 361
1.481

1.267
1.029
1 369
1.482

1 245
1.014
1 361
1. 477

1 287
1 069
1 384
L485

r

1 281
r i 043
1 382
T
1. 497

r I 281
r 1 040

1 286
1 035
1 391
1.532

.817
.916
1.064

.815
.914
1.056

.834
917
1.075

.837
918
1 069

.840
925
1.074

.852
926
1 074

.852
929
1 083

r 355
r 928

r 859

1 084

r l 082

863
937
1 092

1.615
2.648

1.629
2 688

1.637
2 701

1.637
2 701

1.645
2 719

1.646
2 728

1.651
2 751

1.654
2 758

1.659
2 758

1.664
2 770

1.680
2 774

1.751

.82
1.768
1.24

1.746

1.794

.73
1.748
1 33

1.779

1.801

.86
1.807
1 29

1 830

1 809

398
410

4Q7
435

490
434

1

»• 1. 644
*• 2. 022
' 2. 332
I. 946

r

2 232
'2 236

r

r

2. 028
2. 121

p 1. 779

2. 070
1. 306
' 1. 267

P 1 319

r

1 526
2 244
r 2 058
r 2 285

r

T

r

2. 038
1. 539
2 251
r 2 055
r
2 293

2.018
1. 544
2 234
2 061
2 276

r 1 581
r \ 554

r

1 601
r i 541

1 606
1 545

r

1 769

r

1 772

1 389
1 506
r 932

P 2. 023

r 1. 801

r

r 2. 017

P 1. 587

1.690
2 797

.83
1 38

~~

FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol
Commercial paper .
.__
__do _
Agricultural loans outstanding of agencies supervised by the Farm Credit Administration:
Total
mil. of dol. _
Farm mortgage loans, total
do
Federal land banks . _ _
do
Land Bank Commissioner.
do
Loans to cooperatives
do
Short-term credit
_ _ _
do
Bank debits, total (141 centers)
New York City
Outside New York City

do
do
do

Federal Reserve banks, condition, end of month:
Assets, total
mil. of dol
Reserve bank credit outstanding, total- _ _ d o
Discounts and advances
do
United States Government securities... do
Gold certificate reserves
do_._
Liabilities, total
do
Deposits, total
.
do
Member-bank reserve balances
do
Excess reserves (estimated) .
do
Federal Reserve notes in circulation .... .do. _
Reserve ratio
nercent__
r

417
364

425
331

310
739

2,097
1,012
974
37
315
771

116, 572
45, 375
71, 197
47, 174
23, 481
529
22, 509
20, 508
47, 174
20, 381
18, 536
330
23, 332
46.9

380
336

4QQ

AKO

499

AOf)

517

534

544

510

408
678

396
718

2 194
1 050
1 021
30
377
766

357
820

337
860

129 549
53 500
76 049

123 059
48 106
74 953

114 113
45 375
68 738

125 269
50 180
75 089

124 664
52? 057
72 607

121 433
49 535
71 898

49 900
25, 009
19
23, 801
21 468
49 900
21 192
20 056
389
25 064

48 941
23,783
328
22, 729
21 731
48 941
21 004
20 077
634
24 405

48 590
23, 270

49 213
23, 632

49 549
24, 152

22, 514
22 115
48 590
20 746

22, 363
22 106
49 213
21 175

22, 273
22 103
49 549
21 412

384
368

375
377

333
791

347
786

2,129
1,020
985
35
360
749

399
697

420
660

2 110
1,029
998
32
429
651

120, 699
48, 588
72, 110

110 756
43, 224
67, 532

111 190
41 363
69, 827

107 504
4l' 145
66 359

123 770
47 971
75 799

117 231
44 802
72 428

47, 634
24, 043
53
22, 982
20, 514
47, 634
20, 598
19 020
416
23, 630
46.4

47 547
24, 033
277
23, 078
20, 504
47 547
20, 606
18 863
467
23, 726
46.3

47 755
24, 309
552
23, 127
20, 611
47 755
20 678
19 181
717
24, 020
46.1

49 116
25, 058
190
23, 734
20, 775
49 116
21 453
19 391
569
24, 148
45.6

48 740
24, 427
186
23, 552
21 004
48 740
20 868
19 557
497
24 261
4fi &

49 046
24, 734
624
23, 239
21 166
49 046
20 945
19 670
490
24 680
46 4

46 4

492
480

47 Q

49 323
23, 904
598
22, 528
21 992
49 323
21 336
19 982
' 728
24 423
4ft 1

fi7fi

700

1Q Q4ft

1 Q 778,

492
24 371
40 n

24 332

797

P 587
24 567

IQ

4ft «

]
Revised.
» Preliminary.
See note " t" on p. S-13; comparable figure for December 1951, $1.609.
fRevised series. See note "t" on p. S-13.
*New series. Data beginning 1947 will be shown later.
§Rates as of June 1, 1952: Common labor, $1.706; skilled labor, $2.808.




QCO

AO 1

SURVEY OF CURRENT BUSINESS

S-16

July 1052

1951
May

June

July

August

1952

September

October

November

December

January

53,040

53, 370

54, 328

February

March

April

FINANCE—Continued
BANKING— Continued

Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand adjusted
mil. of dol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol_.
States and political subdivisions
do
United States Government
do
Time, except interbank, tota.1
- do
Individuals, partnerships, and corporations
mil. of doL_
States and political subdivisions.do
Interbank (demand and time)
do
Investments total
do
U. S. Government obligations, direct and
guaranteed total
mil. of dol
Bills
do _Certificates
do
Bonds and guaranteed obligations
_ do
Notes
_ _ _ _ _
do_ _ _
Other securities
do
Loans, total
- - do. _ _
Commercial, industrial, and agricultural __do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol__
Real-e^tate loans
do
Loans of banks
- _
do
Other loans
do
Money and interest rates :d"
Bank rates on business loans:
In 1 9 cities
percent _ ,

50, 034

49, 916

50, 383

50, 970

50, 533

52, 124

!

52, 683

51, 162

52. 303

52, 863

.53, 040
3, .599
2. .54.5
10.20,5

51, 729
3, 710
3,006
10,318

52, 913
4.070
3, 184
10. 383

53, 152
4,021
2,917
16, 509

50. 591
3, 857
3, 005
15, 362

50, 500
3, 589
4, 679
15, 539

50, 860
3,644
2,073
15, 551

51 . 1 74
3, 302
2, 009
15,635

51, 696
3,300
3,747
15, 676

53,517
3, 465
2, 543
15,829

53, 904
3, 400
2,241
15, 792

55, 554
3, 582
2. 225
10,026

54, 798
3, 694
1, 044
10.070

14, 485
746
10, 157
36, 941

1 4, 061
743
10, 422
37, 758

14, 673
740
11, 103
37, 613

14, 741
751
10, 807
37, 572

14, 795
734
11, 345
37, 926

14, 958
719
11,948
38, 565

14,915
720
11, 737
38, 772

15, 152
712
13,519
3P. 0.50

1.5,170
728
11.834
39, 200

1.5,27.5
701
1 1 . 481
38, 833

1,5,385
704
12,042
38.310

15. 444
767
10.998
38. .503

15, 554
780
10,895
38, 983

30, 443
1,769
20, 527
8,147
6,498
32, 428
19. 048
1,332

31, 176
2,745
1,585
19,478
7, 368
6, 582
32, 877
19,220
1 , 399

30, 997
2, 048
2,224
19. 442
0,683
0.016
32. 487
19, 124
1. 390

30, 930
2,593
2,239
19, 480
6,612
0, 642
32,910
19, 502
1,170

31,212
2,934
2,493
19, 142
6,643
6,714
33, 482
20, 078
1,242

31, 920
3,748
3, 010
19,212
5, 956
6,639
34, 083
20, 571
1,077

32, 082
3, 949
2,994
19, 185
5, 954
6, 690
34, 488
20, 865
1,148

32 224
' 4. 129
3, .590
18, 531
5, 908
6, 832
35, 101
21,419
1,340

32,419
4,319
3.098
1 8, 4.50
.5. 940
0 841
34, 7.57
21,100
909

31.892
3, 85.5
3,798
18,286
5, 9.53
6, 941
34. 093
21.1.57
1,077

31, 103
3,415
3.611
18.220
5, 917
7. 1.53
34. 795
21,172
1 . 278

31.4.50
3. 624
3. 684
18. 274
.5. 874
7. 107
34. 770
20. 700
1,695

31, 719
3, 544
3, 728
18, 524
5, 923
7,204
34, 863
20, .530
1,88,5

717
5,476
382
5,928

716
5,530
523
5, 947

700
5, 545
324
5, 865

698
5,584
518
5,906

692
.5, 005
414
.5, 915

684
5, 653
627
5, 9.50

680
5, 670
657
5, 949

087
5, 0.58
.504
0, 028

007
.5, 009
822
0,011

000
5. 0.52
691
5, 999

077
5. 057
540
0. 021

000
5.074
438
0, 056

059
5, 090
403
6,187

1.75
2.23
4.08

3 07
2.78
3 04
3.52
1.75
2.23
4.08

1.75
2.37
4.13

1.75
2.47
4.13

3 06
2.79
3.06
3 47
1.75
2.64
4.13

1.75
2. 66
4.17

1.75
2.69
4.17

1.7.5
2.71
4.17

1.75
2.73
4.17

1.75
2.73
4. 17

3 45
3 23
3 47
3 79
1.75
2.73
4.17

1.7.5
2.73
4.17

1.75
2.73
4.17

1.63
2.17
2.15
2.28

1.63
2.31
2.25
2.38

1.63
2.31
2.25
2.38

1. 63
2.20
2'. 38

1.63
2.19
2.25
2.38

1.63
2.21
2. 25
2. 38

1.63
2.25
2.25
2.38

1.09
2.31
2.38
2.47

1 . 75
2.38
2.45
2.50

1.75
2.38
2.38
2. .50

1.75
2.38
2. 38
2. 56

1.75
2. 3,5
2.38
2.50

1.75
2.31
2. 38
2.56

1.578
2.04

1.499
2.00

1.593
1.94

1.644
1.89

1.640
1.93

1 . 608
2.00

1.608
2.01

1.731
2.09

1.088
2.08

1.574
2.07

1.0,58
2. 02

1. 023
i 1. 9.3

1.710
1.95

11, 710
2,808

11,821
2,788

11,840
2,772

11,807
2,754

11.915
2, 738

11,941
2,724

12. 018
2,714

12,17.5
p 2, 701

1 2, 208
'' 2, 098

12,207
P 2, 085

12,382
p 2, 070

1 2. 438
" 2, 050

12, 531
P 2, 037

Total consumer credit, end of month--.mil. of doLInstalment credit, total
do
Sale credit total
do
Automobile dealers
do
Department stores and mail-order houses
mil. of doL_
Furniture stores
_
do
Household-appliance stores
do
All other retail stores (incl. jewelry)
do

19,207
12, 920
7,248
3,980

19, 256
12, 955
7, 234
4,041

19, 132
12, 903
7,173
4,061

19, 262
13, 045
7,247
4,138

19,302
13,107
7,327
4,175

19, 585
13, 196
7, 355
4, 134

19, 989
13,271
7,400
4, 100

20,044
13, .510
7, .540
4, 039

20,120
13.314
7,322
3. 902

19,717
13, 185
7, 158
3. 927

1 9. 560
13,150
7, 047
3. 891

p 19,784
p 13. 320
* 7. 109
p 3. 0.54

" 20, 258
P 1 3, 707
p 7, 393
P 4,147

1, 084
890
616
678

1,055
874
602
6^2

1.022
854
590
646

1,015
859
590
045

1. 028
870
600
0.54

1,056
890
007
068

1,099
908
608
685

1,180
971
013
737

1.129
933
592
706

1.082
909
.507
073

Cash loan*? total
do
Commercial banks
__
_ . d o ._
Credit unions
do
Industrial banks
do
Industrial-loan companies _
_ ___ do _ .
Insured repair and modernization loans
mil. of doL Small-loan companies
do
Miscellaneous lenders
_ - do . -

5, 672
2, 506
518
288
207

5, 721
2, 515
522
288
209

5, 730
2,492
524
288
211

5, 798
2. 521
531
293
217

.5, 840
2,524
533
296
221

5,841
2, 522
535
299
222

5, 871
2, 509
535
299
225

5, 904
2, 510
.542
301
229

5, 992
2. .521
541
300
230

6,027
2, 542
.54.5
301
232

860
1,131
162

872
1,151
164

882
1,167
166

888
1,181
167

894
1,203
169

904
1,191
168

922
1,211
170

938
1,268
176

951
1,273
176

950
1,275
170

3, 793
1,398
1,096

3, 804
1,399
1,098

3,743
1,393
1,093

3, 724
1,398
1,095

3,696
1,401
1.098

3,868
1,413
1,108

4,190
1,422
1,106

4, ,587
1,436
1,111

4, 253
1,445
1,114

3, 967
1,448
1,117

359
82
44
33
198

356
86
44
35
204

339
76
44
35
206

389
90
49
40
210

351
78
42
35
183

373
86
52
40
205

347
83
45
38
228

3,54
84
50
42
292

393
85
46
38
184

4,039
3,146
53
3,074
747
164

7,603
7,089
48
6,611
719
225

2,833
2,571
48
1,886
722
177

4,165
3,594
50
3,131
806
178

6,524
6,209
42
5,691
707
83

2,708
2,635
52
1,653
885
117

3,951
3,521
47
2,935
805
164

5, 576
5, 279
44
4, 599
823
111

5, 153
4,953
44
3,944
826
339

5,163
580
422
2, 628
1, 533

5,483
497
411
3,166
1,409

5,178
173
478
3,015
1,512

5,627
1,057
397
3,070
1,103

7 other northern and eastern cities

do

Discount rate (N. Y. F. R. Bank)
_ --do . _
Federal intermediate credit bank loans
do
Federal land bank loans
do
Open market rates, New York City:
Acceptances, prime, bankers', 90 days
do
Commercial paper, prime, 4-6 months
do
Call loans, renewal (N. Y. S. E.)
do
Time loans, 90 days (N. Y. S. E.)
do
Yield on U. S. Govt. securities:
3-month bills
do
3-5 year taxable issues
do _ .
Savings deposits, balance to credit of depositors:
New York State savings banks
-mil. of dol.
U S postal savings
do

o 97
3 01
3 23

r

CONSUMER CREDIT

Charge accounts
Single-payment loans
Service credit

-

do
do
do

Consumer instalment loans made during the month,
by principal lending institutions:
Commercial banks
..mil. of dol_.
Credit unions
do
Industrial banks
do
Industrial-loan companies-.
_ _ __
- -do._ .
Small-loan companies
-_
do

r
T

1,000
893
548
055

f 1.004
p 894
p 542
" 0.5.5

p } , 094
"924
P ,554
"074

i\ 109
2, 593
,5,53
303
23.5

P 6, 21 1
p 2. 042
p 508
"307
p 239

P 0, 374
p 2. 722
"589
" 319
P 245

1,28.5
177

p 974
P 1, 302
p 179

"990
" 1,327
P 182

3, 855
1, 443
1, 106

P 3, 913
P 1, 438
p 1,113

p 3, 925
" 1,441
P 1,125

373
91
46
37
181

429
95
52
41
216

P429
p 103
"50
"39
P211

"473
p 1 17
p 52
"44
"235

6,194
5,553
43
5,258
805
88

10,800
- 9,886
44
9, 816
825
115

5,187
4, 323
47
4,186
849
105

4, 688
3,809
45
3,663
828
152

5,105
142
396
3, 155
1,412

5.704
689
404
3, 425
1. 180

6,016
350
367
3, 775
1. ,523

5,659
172
359
3,791
1,337

T

T
T

FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
Receipts, net _
.
Customs
Income and employment taxes
Miscellaneous internal revenue
A l l other receipts
_ _

mil. of dol
do _ . _
do
- do ...
do
do _-

4,739
5,969
5,087
4,517
Expenditures, total
do
232
222
1,557
163
Interest on public debt
do
384
422
435
425
Veterans Administration
__
do
3,040
2,495
2,930
2,396
National defense and related activities . . do
1,142
1,403
1. 533
1.533
All other expenditures
do
' Revised.
" Preliminary.
1 Beginning April 1, 1952, includes 13Apercent no te of Decen ber
d*For bond yields see p. S-19.




5, 455
228
449
3,414
1,363
15, 195, ),and 2\i l >ercent bon d of Marc i 1.5, 1956-,R 8.

SUKVEY OF CUEEENT BUSINESS

July 1952

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-17
1952

1951
May

June

July

August

September

October

November

December

January

F

ll

|]?y ~

March I April

775
482
249
233
2,294

260, 362
758 136
221,776
36 360
2, 226

258, 084
255, 794
219, 301
36 493

May

FINANCE— Continued
FEDERAL GOVERNMENT FINANCE— Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of doL_
Interest-bearing, total
do
Public issues _ _
_ _ _ _ _ _ _ _do __
Special issues
do
Noninterest bearing _ _ _ _ ___
_do .
Obligations guaranteed by U. S. Government,
end of month
_ _ _ . mil. ofdoL
U. S. savings bonds:
Amount outstanding, end of month
do
Sales, series E, F, and G
do
Redemptions _
_. __ __ - do ___

255, 093
252, 729
218, 680
34, 049
2, 364

255, 222
252, 852
218, 198
34, 653
2,370

255, 657
253, 325
218, 618
34, 707
2, 332

256, 644
254, 321
219,174
35,146
2 323

257, 353
254, 958
219,321
35, 637
2,395

258, 298
255. 940
220, 325
35,615
2,359

259, 604
257, 253
221, 391
35. 862
2,351

259,419
257, 070
221,168
35, 9C2
2, 348

29

29

28

32

33

37

43

42

38

37

41

44

45

57, 842
295
477

57, 784
289
475

57, 733
310
481

57, 691
312
436

57, 662
272
390

57, 666
334
410

57, 710
315
364

57, 739
290
401

57, 809
440
492

57, 821
338
410

57,814

57, 772
313
437

57, 739
292
422

Government corporations and credit agencies:
*\sset^ except interagency total
mil of dol
Loans receivable, total (less reserves)
do
To aid agriculture
do
To aid home owners
do
To aid railroads
do
To aid other industries
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities supplies, and materials
do
TJ S Government securities
do
Other securities
do
Land, structures, and equipment
do
All other assets
do

2,290

330
428

25, 188
13, 504
3, 675
1,809
105
498
C1)
824
6,151
627
1,719
2,185
3,474
2,999
1,308

25 668
13, 906
3 896
1,981
104
494
(i)
755
6, 133
720
1, 515
2,236
3,472
3,025
1,514

26 744
14, 422
4 161
2, 142
101
488

779

731

1 461
2 226
3 463
3, 358
1, 813

1 322
2 422
3 451
3 406
1 835
2 499

26
14
4
2

98
473
(i)
597

6 110

6 096

do

2,340

2,383

2, 573

do
do
do

29
1,378
932

34
1,399
949

43
1 369
1, 161

Privately owned interest
U. S. Government interest

do
do

315
22, 533

322
22, 962

23, 842

258,
256
219,
36
2

259, 905
257. 739
220, 540
37, 198
2, 167

292
102
356
746
191

858
422
239
363

0)
814

Liabilities, except interagency, total
Bonds, notes, and debentures:
Gin ran teed by the United States
Other
Other liabilities

Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
total
mil. of dol
Industrial and commercial enterprises, including
national defense
mil. of dol
Financial institutions
_
__do
Railroads
_
do
States, territories, and political subdivisions do
United Kingdom and Republic of the Philippines 9
mil. of doL_
Mortgages purchased
_ _
_ do
Other loans
do

259,
257,
221,
36

__

38

1 714
1 247

329

349
24 010

882

872

862

856

831

823

819

803

784

767

758

746

727

462
95
104
20

463
94
103
19

460
93
103
18

457
92
102
18

442
92
102
18

433
92
102
18

428
91
102
18

419
84
99

408
79
99

398
76
96

390
73
96

381
71
95

369
68
95

19

19

18

19

19

16

81
83
36

75
82
36

72
81
35

71
81
36

60
80
37

60
80
40

60
79
42

60
78

57
78

57
77

57
77

57
76

57
76

46

46

46

44

45

45

IJFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated totalt
- mil. of dol
Securities and mortgages t
do
49 companies (Life Insurance Association of
America), total
mil. of doL_
Bonds and stocks, book value, total
.do
Govt. (domestic and foreign), total
do
U S Government
do
Public utility
_ _ do
Railroad
do
Other
..
_ __
. do
Cash
do
Mortgage loans, total
_ _ _ do
Farm
_..___
do
Other _ _ _ _ _ _
-.do
Policy loans and premium notes
do
Real-estate holdings
do
Other admitted assets
.
,. do

65, 496
58, 759

65, 727
59, 085

66, 128
59, 437

66, 455
59, 701

66, 777
59, 961

67, 181
60 347

67, 476
60, 514

67, 983
60 919

68, 554
61 385

68, 907
61 734

69 250
62 125

69, 604
62 500

69, 959
62, 789

57, 894
37, 455
13, 021
10, 787
10, 376
3,017
11, 041
804
14.675
1,263
13, 412
2.133
1, 321
r
I, 505

58, 091
37, 486
12, 741
10, 480
10, 457
3,024
11, 263
765
14, 921
1,283
13, 639
2,146
1, 323
1,450

58, 431
37, 574
12, 657
10, 417
10, 503
3, 033
11,381
751
15, 139
1,298
13, 841
2,156
1, 342
1,468

58, 702
37, 572
12,410
10, 106
10, 548
3, 044
11,570
739
15,365
1,310
14,054
2,167
1,361
1,499

58, 975
37, 652
12,326
10, 050
10, 587
3, 065
11.675
72!
15,518
1,319
14,198
2,175
1,378
1.531

59, 282
37, 776
12, 229
9 956
10, 647
3 088
11,812
735
15,676
1,330
14,347
2, 182
1,401
1,511

59, 556
37, 759
12, 060
9 829
10, 703
3,111
11,885
851
15, 851
1,338
14, 512
2,190
1,408
1,497

59, 999
37, 946
11,871
9 657
10, 781
3 134
12, 160

60, 350
38, 056
11,767
9 561
10,814
3 150
12, 326

60, 640
38, 187
11,706
9 514
10 84 0
3 164
12,470

60, 938
38, 385
11,588
9 436
10 909
3 182
12 706

61, 237
38, 587
11,546
9 409
10 961
3 185
12 895

61, 547
38, 692
11,275
9,151
11,030
3, 196
13, 190

Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value, estimated total.
mil. of doL.
Group §
do
Industrial§__
. _
. _ ...
do
Ordinary, total
.do
New England
do
Middle Atlantic _ ....
_ do _
East North Central
do
West North Central
do
South Atlantic
. do
East South Central
do._
West South Central... ._ .
do
Mountain
do
Pacific.-. _
__
._ _.
do

2. 384
367
505
1,512
96
368
324
133
172
58
135
55
171

2, 258
30 ti
475
1,477
93
356
315
134
166
58
138
49
166

2, 183
298
420
1.465
95
346
320
130
172
57
130
51
164

2, 135
251
424
1,460
93
323
321
128
174
58
142
53
167

i,923
189
449
1,285
81
284
284
118
155
54
116
47
145

2, 256
226
481
1,549
104
347
336
132
195
75
132
54
174

2,398
398
453
1, 547
102
357
328
139
184
76
128
54
177

848

924

851

785

773

780

16,027

16, 185
1 357
14 828
2 199
1 432
1 554

16, 336
1 375
14 901
2 700
1 445
1, 615

16 459
1 388
15 071
2 217
1 464
1 628

16 583
1 406
15 176
2 226
1 471
1*597

16,719

2,031
191

2,. 179
944

454

2, 495
246

382
1,458
102

1,481
99

333

329

314
126
166
60
149

333
129
179
61
140

52
156

160

1, 350
14, 670
2, 193
1 426
1, 559

2,478

477

436
1,565
101

333
333
152
199
68
138

60
181

2,571
339

2,803

530

497

1,719
113

1, 735
115

384

406

1,684
111

363
144
207
72
178

367
142
209
69
168

349
147
205
67
161

69
190

63
197

64
191

344, 261
149 388
38 111
8 666
30 671
58 473
58* 957

336, 714
150 656
37 479
8 367
29 175
55
895
r
5. » 147.

Institute of Life Insurance:
Payments to policyholders and beneficiaries,
307, 283
estimated total
thous. of dol. _ 338, 335
338, 256
315, 371
327, 648
288, 393
327, 525
364, 248
389, 502
329, 638
366, 424
135. 428
142, 116
149, 159
Death claim payments
_ _ _ . _ do
148,811
1 22, 338 147,059
141 621
136 825
167 995
148 934
155 851
37 549
38, 234
Matured endowments
do
42, 984
43, 178
35 119
40 377
39 785
42 448
38 984
46 560
41 738
8,152
Disability payments
__
_ _ _ - do
8,846
8,247
7 453
8,580
8 311
8 605
7 988
9 887
8 273
8 351
28, 478
Annuity payments
do
31.338
28, 916
29 545
26 483
29 426
27 987
38' 294
30 560
28 8^9
30 826
Surrender values
___ . _ _ . _ do
48, 203
52. 484
50, 892
42 855
50. 231
47 712
51 965
52 774
46 769
50 648
57 169
Policy dividends
do
53, 330
65,101 1 48, 788
72 489
53.' 980
73. 992
101. 391
50. 458
50. 097
54. 145
50. 692
r
J
Revised.
Less than $500,000.
9Beginning with September, data are for Republic of the Philippines only.
JRevisions for January-July 1950 are shown in corresponding note in the October 1951 SURVEY.
^Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group, January 1950-January 1951; industrial, 1949.




1,423
15,296
2, 236
1,483
1,637

582

537
388

SURVEY OF CURRENT BUSINESS

S-18
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952

1951
May

June

July

August

1952

September

October

November

December

January

February

March

April

May

FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Association of America:
Premium income (39 cos.), total___thous.
Accident and health
Annuities
Group
Industrial
Ordinary
_ _

of dol_.
do
do
do
do __
do

525, 553
61, 935
64, 136
42, 077
*
66, 285
f
291, 120

548, 412
51,957
59, 188
42, 143
82, 265
312,859

502, 612
50, 164
79, 708
43, 924
66, 224
262, 592

517,615
62, 341
57, 154
46, 426
61,425
290, 269

508, 393
48, 730
60, 247
37, 410
77, 350
284, 656

519, 296
56, 990
61, 955
45, 518
72, 254
282, 579

526, 031
59, 737
73, 785
41, 151
60, 787
290, 571

743, 465
71, 169
148, 522
48, 449
115,161
360, 164

549, 118
53, 541
90, 144
60, 164
63, 880
281, 389

540, 742
58, 392
72, 425
47, 211
66, 827
295, 887

647, 575
63, 831
84, 833
52, 941
87, 382
358, 588

520, 597
61, 474
65, 077
46, 677
62, 142
285, 227

583, 172
65, 448
65, 718
46, 683
85, 525
319, 798

21, 756
46, 270
41, 422
3,840
r
62, 738
38, 235
12, 690
r
5, 624

21, 759
-8, 790
28, 374
12, 165

21, 854
136, 976
19, 183
15, 533

22, 013
176, 654
3,462
14, 341

22, 233
243, 381
26, 326
7,896

22, 382
188, 370
9,366
7,302

22, 695
289, 861
2, 375
8,800

23,296
27, 084
2,824
30,060

39, 112
12,078
'6.351

37, 819
12, 564
6, 100

38, 646
13, 243
' 6, 330

37, 773
13, 160
4, 850

23, 290
23, 190
152, 219 -103,092
1,473
17,805
168, 129
158, 600
36, 602
36, 602
12, 343
12, 765
4, 647
4,848

' 23, 297
—75, 357
1,313
97, 932

38, 869
12,054
5, 167

22, 951
137, 452
13, 223
76, 864
38 776
38, 776
12, 410
4,962

182
16, 828
.884

665
4, 686
.902

194
6.616
.902

678
4,807
.902

250
6,975
.881

88
6,284
.880

89
3,656
.880

157
6, 125
.880

513
6,177
.880

142
8, 126
.880

553
4, 633
.880

1,535
4,680
.854

2,405
2,037
3, 932

1,794
2,712
2,758

2,006
1,107
2,835

1,896
6,562
2,585

1,983
4,493
3,079

1,977
3,414
3,134

1,968
5,547
3,219

1,788
3,338
3,766

2,016
2,605
3,430

2,080
5,318
3,854

2,527
4,768
4, 043

3,273

27, 809
185, 038
2,424
7,930
174,684
88, 960
59, 948
25, 776

27, 851
184, 500
2,400
6,300
175, 800
90, 700
60, 000
25, 100

28, 155
185, 200
2, 300
6,000
177, 000
91,400
60, 300
25, 300

28, 288
187,300
2,200
7,200
177,900
92, 000
60, 500
25, 400

28, 417
189, 200
2,100
5,500
181, 600
95, 000
60, 900
25, 700

28, 809
190, 500
2,100
5,600
182, 700
96, 300
60, 600
25, 800

29, 206
193, 404
2.279
5,141
185,984
98, 234
61,447
26, 303

28, 386
P 191, 600
•p 2, 100
v 4, 300
»185, 200
p 97, 900
p 61, 700
P 25, 600

34.4
22.2

31.1
20.9

27.0
20.0

31.7
21.8

30.4
20.9

31.4
22.0

37.9
22.6

30.1
20.6

MONETARY STATISTICS
Gold and silver:
Gold:
21, 756
Monetary stock, IT S
mil ofdol
Net release from earmark!
thous. of dol.,. -12,947
43,357
Gold exports
do
Gold imports
do __ r 2,398
63, 745
Production reported monthly total
do
38, 907
Africa
do
12,913
Canada O'ncl Newfoundland)
do
r
5, 239
United States
do
Silver:
273
Exports
__ __ __- do
7,015
Imports
do
.902
Price at New York
dol. per fine oz_
Production:
1,854
Canada O'ncl Newfoundland) thous offineoz
2,097
Mexico
do
3,482
United States
_
do _.
Money supply:
27,519
Currency in circulation
mil ofdol
182, 900
Deposits and currency, total
do
2,500
For^i^n banks deposits, net
do
6,700
U. S. Government balances
do
173, 700
Deposits (adjusted) and currency, total. -do
89,
500
Demand deposits, adjusted
_ _.
do
59, 300
Time deposits
do
24, 900
Currency outside banks
do
Turn-over of demand deposits except interbank and
U. S. Government, annual rate:
30.0
New York City
ratio of debits to deposits..
21.3
Other leading cities
do

r

r

38, 214
13,033
5, 415

T

r

12, 710
4,961

28, 465
28, 473
28, 464
28. 767
v 191, 500 p 192, 300 ^ 192, 200 p 192, 900
v 2, 200
v 2, 200
v 2, 300
T 2, 200
P 7, 100
v 5, 900
p 6, 200
* 6, 300
* 183, 400 P 182, 900 p 183, 800 p 184, 400
p 95, 3-00
J> 95, 700 P 94, 800 P 95, 100
* 62, 000 p 62 400 p 62, 700
p 63, 000
* 25, 600 P 25, 700 P 25, 900
p 26, 000

32.5
21.4

34.0
22.0

34.4
21.1

34.3
21.3

PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve) :t
Profits aft^r taxes total (200 corps ) mil ofdol
Durable goods total (106 corps )
do
Primarvmetalsand products (39 corps ) do
Machinery (27 corps )
do
Nondurable poods total (94 corps )
Food and kindred products (28 corps )
Chemicalsand allied products (26corps )
Petroleum refining (14 corps )

839
497
193
82
183
342
40
120
118

do
do
do
do

762
428
176
73
142
r
334
46
111
127

475
273
202

Dividends total (200 corps )
do
Durable goods (106 corps )
do
Nondurable goods (94 corps )
do
Electric utilities, profits after taxes (Fed. Res.)t
mil of dol
Railways and telephone cos. (see p. S-23).

r

195

475
273
203

932
565
217
123
185
r
368
52
125
148

» 756
2>445
2> 162
J»81
v 170
p 312
•P 41
v 108
P 126

567
325
242

p 482
P 273
v 210

226

v 257

r

168

SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding) .
mil. ofdol..
New capital, total
__ _ _
do _
Domestic total
do
Corporate
_ _ do __
Federal agencies
_
do
Municipal, State, etc
do
Foreign
do
Refunding, total __ .
do _
Domestic, total
_
__ _
do
Corporate
do
Federal agencies
do
Municipal, State, etc
.. do

1,161
946
865
398
60
407
80
215
215
13
198
4

1,302
1,106
1,075
706
89
280
31
197
197
57
137
3

937
810
802
476
8
319
8
127
124
29
93
2

634
441
398
248
0
151
43
192
192
20
172
1

986
792
642
337
40
265
50
194
194
20
170
4

1,288
966
937
463
107
368
29
322
322
16
288
18

976
836
815
517
0
297
22
140
140
47
89
4

1,093
883
838
562
0
276
45
211
205
83
102
19

1,232
930
929
541
39
349
1
302
302
10
71
221

Securities and Exchange Commission :J
3,985
1,694
1,747
1,351
1,619
1,638
1,789
1,780
2,194
Estimated gross proceeds, total
_ _ do...
By type of security:
3,762
1,630
1,523
1,219
1, 554
1,555
1,368
1,545
Bonds and notes, total
do
2 063
553
637
360
324
376
422
403
Corporate.
do
636
474
90
152
132
55
31
105
106
Common stock
.
_
..do _
132
48
72
39
26
77
35
Preferred stock
do
104
127
166
83
By type of issuer:
531
861
670
508
390
Corporate, total
do
655
673
871
605
343
389
158
233
314
160
Manufacturing
do
220
487
354
259
198
190
152
128
201
Public utility _ . - _ .
__
do.
267
260
186
14
26
18
23
92
Railroad
do
30
18
76
17
3
3
52
3
8
2
Communication
_
do
16
37
26
49
126
75
28
Real estate and
financial
do
15
63
15
24
15
3,125
1,077
1,163
843
Noncorporate, total
do. _.
1,134
1,230
965
1 589
909
581
2,830
834
656
U S Government
do
765
651
655
601
1 024
283
321
412
152
State and municipal
_ _ _
do
269
397
302
296
' 565
r
Revised.
» Preliminary.
§Or increase in earmarked gold (—).
|Re visions for 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 for SEC data will be shown




855
697
667
346
36
285
30
158
158
74
76
8

1,220
1 139
994
812
38
144
145
81
81
13
63
4

1 576
1 273
1 237
704
80
452
36
303
299
40
2

1,698

1 649

2 161

2 325

1 534
'314
154
10

1 425
748
161
63

1 963
606
135
64

2 080

478
291
112
29
3
13
1 220
967

972
373
400
12
g
20
677
515

805
248
255
34
44
46
1 357
722

947
514
247
124
23
25
1 378
928

14K

3Q7

299

later.

7Q9

163
82

3Qfi

SURVEY OF CUREENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-19

1951
May

June

July

August

1952
September

October

November

Decem- January
ber

February

March

April

May

FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission^ — Continued
New corporate security issues:
661
Estimated net proceeds, total
mil. of dol__
Proposed uses of proceeds:
587
New money total
do
433
Plant and
equipment
do
0
153
T^orkin " capital
do
50
Retirement of debt and stock, total do
28
Funded debt
-- do
14
Other debt
do
9
Preferred stock
_
_do___
24
Other purposes
do
Proposed uses by major groups:
339
Manufacturing, total
do
307
New money
do
12
Retirement of debt and stock
do
195
Public utility, total
_ __ do,_ _
189
New money
do
3
Retirement of debt and stock
do
14
Railroad, total _ __ __
do
14
New money
do
0
Retirement of debt and stock
do
3
Communication, total
do
3
N e w money
_ _ _ _ _ _ _ _ _ do
Retirement of debt and stock
do
0)
48
Real estate and financial, total
_do_ _
27
New money
do
21
Retirement of debt and stock
_do _
State and municipal issues (Bond Buyer):
433, 961
Long-term
._ thous. ofdoL
162, 557
Short-term
do

847

521

500

381

639

660

856

595

469

954

789

929

714

469

436

343

548

570

771

559

413

875

688

755

244
226
13
250
233

503
448
54
242
221

34

31

471
242
121
54
58
9
12

350
119
47
26
18
3
5

342
94
50
21
27
3
14

384
336
46
255
238

154
124
29
187
185

230
198
31
150
139

14
26

26

0
3

2
1
124
72
52

2
18

18

0
51

51
0
74
70
1

0)

655
221
60
15
45
0)
19

480
428
34
255
240

349
331
11
184
177

285
238
43
110
107

366
336
20
393
365

22

17

29

12

488
83
72
42
29
1
18

682
90
55
42
11

156
142
14
127
124

306
263
41
197
178

214
180
30
262
251

18
18

11
76

15
22

7
17

3
29

28
12

2
15

15
37

0
25

0
2

0
3

0
6

3
30

0
3

0
8

30

27
12
3

8
0
14
11
3

3

278
134
49
35
13
1
7

404
144
65
10
53
2
26

11
9

9

29

487
72
23
8
15
0
13

286
58
33
18
15
0
5

16

61

15
0)

62
48
2

14
11
1

24
1
23
18
3

37
0)

0)

2

14
11
1

(J)

3
0
13
12

490
197
80
13
64
3
22

14
34

40
3
46
44
0

20
15
2

335, 166
105, 887

364, 091
74, 901

156, 214
84, 760

249, 434
36, 315

381, 580
191, 104

299, 109
210, 915

265, 503
215, 196

574,694
93, 863

303, 614
156,037

150, 618
200, 194

222
434

185
389

175
445

163
458

249
308

220
340

286
454

242
380

248
338

220
304

1,287

1,275

1,266

1,260

1,290

1,291

1,279

1,292

1,289

816
695

809
633

1,280

805
649

21
123

0
43

6

0)

617
139
171
136
35
0
3

r
r

91
22

0)

22

25
21
3

456, 005
172, 674

396, 304
228, 003

191
286

219
364

198
286

1,293

1,315

1,312

756
818

725
847

COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat

- mil. o f b u _ _
do

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 (Al+issues) :
Composite (17 bonds)
dol. per $100 bond__
Domestic municipal (15 bonds)
do
U. S. Treasury bonds, taxable
_ do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol
Face value
_ - _ - _ _ _ _ _ __do
New York Stock Exchange:
Market value
do
Face value
__do__
New York Stock Exchange, exclusive of stopped
sales, face value, total §
thous. of dol__
TJ. S. Government
do
Other than U. S. Government, total §
do
Domestic
do
Foreign
do
Value, issues listed on N. Y. S. E.:
Market value, total, all issues §
mil. of dol__
Domestic
do
Foreign
do
Face value, total, all issues §
_ ___
do_ __
Domestic
do
Foreign
do
Yields:
Domestic corporate (Moody 's)
percent. _
By ratings:
Aaa._
do
Aa
do
A
do
Baa_ _.
do
By groups:
Industrial
_ _ _ do
Public utility
do
Railroad. . . _ _ _
.
___
do
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard and Poor's Corp. (15 bonds)
do
U. S. Treasury bonds, taxable
do
r

364

855
681

834
680

825
672

816
624

843
640

853
653

378

890
652

756
734

98.28
98.79
71.70

97.86
98.37
71.78

98.48
98.98
73.10

99.23
99.73
73.66

98.72
99.22
72.93

98.29
98.78
73.00

97.82
98.30
72.65

97.43
97.92
72. 44

98.01
98.49
73,48

97.83
98.30
73.39

98.26
98.75
73.07

98 87
99.36
73.75

98.82
99.31
73.70

117.4
131.1
97.90

116.6
128.6
97.62

116.2
129.4
97.93

117.1
132.1
98.90

118.0
132.0
99.10

116.9
131.3
98.22

115.3
131.6
97.52

114.8
130.9
96.85

115.6
130.8
96.27

116.5
132.1
96.77

115.9
131. 5
96.87

116.2
132 7
97.95

116.3
131.9
98.91

69, 822
80, 270

54, 048
63, 267

52, 767
66, 368

53, 065
60, 666

54, 075
62, 621

66, 533
79, 818

47, 052
56, 942

58, 376
71, 347

63, 229
75, 892

51,332
61, 626

51, 113
59, 745

59, 014
71, 124

61, 104
72, 093

67, 378
77, 369

51, 192
60, 114

50, 590
62, 649

51,120
57, 957

52, 560
60, 534

64, 609
75, 600

45, 275
53, 328

56, 026
67, 670

60, 802
72, 524

49, 298
58, 610

49, 640
57, 821

57 456
67 299

59, 632
69, 663

67, 814
5
67, 809
61,391
6,408

55, 399
0
55, 399
49, 191
6,179

56, 400
2
56, 398
45, 698
10, 650

52,111
0
52, 111
45, 548
6,515

56, 211
0
56, 211
49, 960
6,192

67, 291
10
67, 281
58, 350
8,867

48, 559
0
48, 559
41, 895
6,613

60, 525
3
60, 522
54, 325
6,079

66, 971
68
66, 903
59, 389
7,399

49, 109
0
49, 109
42, 912
6,174

58, 123
30
58, 093
52, 190
5,858

61, 624
0
61, 624
55 621
5 918

59, 323
0
59, 323
53, 321
5,933

99, 938
98, 278
1,369
101, 692
99, 482
1,910

97, 818
96, 163
1,366
99, 958
97, 754
1,904

98, 457
96, 777
1,389
99, 975
97, 775
1,900

99, 271
97, 580
1,399
100,045
97, 846
1,899

97, 925
96, 290
1,347
99, 197
97, 050
1,847

97, 511
95, 876
1,345
99, 206
97, 063
1,843

97, 151
95, 427
1 339
99, 318
97, 075
1 843

95, 634
93, 920
1,332
98, 158
95, 920
1 839

96, 269
94, 537
1,349
98, 221
95, 985
1 836

96, 158
94, 431
1,344
98, 292
96, 060
1, 832

96, 699
94, 978
1,338
98, 415
96, 183
1,831

97, 355
95 625
1 347
98 466
96 239
1 827

97,311
95, 583
1 345
98, 474
96, 249
1 825

3.09

3.16

3.17

3.12

3.08

3.13

3.20

3.25

3.24

3.18

3.19

3.16

3.16

2.89
2.93
3.15
3.40

2.94
2.99
3.21
3.49

2.94
2.99
3 23
3.53

2.88
2.92
3.17
3.50

2.84
2.88
3 15
3.46

2.89
2 93
3 18
3.50

2.96
3 02
3 26
3 56

3.01
3 06
3 31
3 61

2.98
3 05
3 32
3 59

2.93
3 01
3 25
3 53

2.96
3 03
3 24
3 51

2
3
3
3

93
01
20
50

2.93
3 00
3 20
3 49

2.90
3.10
3.28

2.96
3.18
3.33

2.97
3 19
3.36

2.92
3. 13
3.31

2.89
3 09
3.27

2.93
3 14
3.31

2 97
3 21
3 42

3 00
3 24
3 50

3 00
3 23
3 48

2 97
3 19
3 38

2 99
3 21
3 36

2 97
3 19
3 32

2 97
3 19
3 31

2.07
2.09
2.63

2.21
2.22
2.65

2.06
2.18
2.63

2.00
2.04
2.57

2.05
2.05
2.56

2.04
2.08
2.61

2.07
2 07
2.66

2.11
2 10
2.70

2.08
2 10
2.74

2.07
2 04

2.05
2 07
2. 70

2.03
2 oi
2 9 fU

9.57

9.71

2 05

1
2
Revised.
Less than $500,000.
Beginning April 1, 1952, series based on taxable bonds due or callable in 12 years and over; prior thereto, 15 years and over.
JRevisions for January-March 1951 will be shown later.
§Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of
all listed bonds.




SUKVEY OF CURRENT BUSINESS

S-20
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

.Tnlv
1952

1951

May

June-

July

August

September

October

November

December

January

February

1,819.6
212.6
1.134.4
152. 1

505.7
107.4
169.6
4.7

181.4
42.3
64.4
2.3

1, 202. 1
75.9
813. 5
97.6

533. 5
93.0
1 9.rx 2
8.2

233. 5
44.8
117.7
3.4

41.7
80.9
69.6
80.9
47.4

83.4
53.2
17.8
56.8
12.8

46.3
7.1
15.0
3.3

25. 5
74.2
51.6
39 8
24.0

89.8
57.6
24.1
53. 9
11.7

.8
48.6
3.3
10.4
4.5

March

April

May

FINANCE—Continued
SECURITY MARKETS— Continued
Stocks
Cash dividend payments publicly reported:?
Total dividend payments
mil. of dol
Finance
__do_.
Manufacturing
do
Mining
do
Public utilities:
Communications
do. ...
Heat, light, and power
do
Railroad
do. _
Trade
do
Miscellaneous...
do. _.
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody's):
Dividends per share, annual rate (200 stocks)
dollars..
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do ...
Bank (15 stocks)
do
Insurance (10 stocks) ._
do
Price per share, end of month (200 stocks) .-do
Industrial (125 stocks)
.do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Yield (200 stocks)
percent..
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
do
Insurance (10 stocks)
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, 11 high-grade
(Standard and Poor's Corp.)
percent. _
Prices:
Dow-Jones & Co., Inc. (65 stocks).. dol. per share. .
Industrial (30 stocks)
do
Public utility (15 stocks)
do
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
Combined index (480 stocks). ..1935-39= 100. .
Industrial, total (420 stocks)
do
Capital goods (129 stocks)
do _..
Consumers' goods (195 stocks) . do
Public utility (40 stocks)
do
Railroad (20 stocks)
_ _
do _
Banks, N Y. C. (16 stocks)
do
Fire and marine insurance (T7 stocks). _ do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
_ _ _ mil. of dol_
Shares sold _ _
thousands..
On New York Stock Exchange*.
Market value
mil. of dol
Shares sold
thousandsExclusive of odd lot and stopped sales
(N. Y. Times)
..thousands-Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol. .
Number of shares listed
millions-.

213.2
35.2
114.6
2.0

1,134.4
79.4
731.0
88.7

534. 7
125.3
206. 7
6.1

.7
45.7
3.5
8.5
3.0

40.2
69.8
50.7
48.0
26.6

4,15
4.51
1.87
2.58
2. 65
2.73

1,148.4
81.1
761 . 2
92.2

533. 9
104. 5
213.4
7.3

78.2
53.7
11.0
39. 5
14.2

214.9
40.6
102.4
2.5
47.3
7.8
7.8
5.8

40.0
66. 0
35. 9
50.4
21.6

82.3
56.2
13.0
42.0
15.2

243.3
53.4
113.7
1.7
„
49.4
10.9
8.2
5.3

4.15
4.53
1.87
2.58
2.63
2.73

4.18
4. 55
1.87
2.58
2.63
2.73

4.11
4.45
1.88
2.58
2.63
2.73

4.12
4.47
1.90
2 55
2.63
2.73

4.09
4.43
1.90
2. 55
2.63
2.73

3.92
4.19
1.90
2.58
2.63
2.73

3.88
4.13
1.90
2. 55
2.64
2.84

3.92
4.18
1.90
2.55
2.64
2.84

3.92
4.18
1.89
2.64
2.64
2.84

3.92
4.19
1.91
2. 65
2.60
2.84

3. 94
4.21
1.91
2.65
2.60
2.84

3. 95

65. 39
68.88
31.99
40.04

63.40
66. 75
31.70
36.68

67.45
71.28
32.67
39.93

70.10
74.46
33.13
40.76

69. 73
74.09
32.87
41.57

67.97
72.07
32.94
39. 79

67.80
71.48
33.26
39.97

69.94
74.24
33. 85
40.00

70.90
75. 09
34.42
42.26

68.39
72.00
34.41
41.59

71. 35
75. 63
34.73
45. 28

68.29
71. 73
33.97
43. 80

69. 96
73. 59
34. 57
45. 49

6.35
6.55
5. 85
6.44
4.77
3.49

6. 55
6.79
5.90
7.03
4.86
3.48

6.20
6.38
5.72
6.46
4.79
3.35

5.86
5.98
5.67
6.33
4.67
3.20

5.91
6.03
5.78
6.13
4.70
3.28

6.02
6.15
5.77
6.41
4.77
3.44

5.78
5.86
5.71
6.45
4.64
3.47

5.55
5.56
5.61
6.38
4.45
3.47

5.53
5.57
5. 52
6.03
4.41
3.38

5.73
5.81
5.49
6.35
4.50
3.41

5.49
5. 54
5.50
5.85
4.41
3.37

5.77
5.87
5. 62
6. 05
4. 58
3.41

5. 65
5. 73
5. 53
5. 87
4.57
3.30

7.42
2.53
5.52

6 36
2.44
4 71

6 68
2 47
5 61

8 09
2 44
12 94

4.15

4.17

4.20

4.13

4,16

4.19

4.23

4.28

4.26

4.22

4.16

4.07

4.04

92. 57
254. 36
42.28
81.37

90.46
249. 32
42. 55
78.06

91.29
253. 60
43. 75
77.04

95.19
264. 92
45.06
80.53

98.11
273. 36
45. 40
83.91

97.82
269. 73
46.04
84. 25

94.44
259. 61
46.22
79.73

96. 73
266. 09
46.72
82.30

99.39
271. 71
48.61
84.81

98.31
265.19
48.87
85. 05

100. 02
264. 48
49.80
89. 55

100. 24
262. 55
49. 13
92 19

100. 87
261. 61
49.29
94.61

173.9
189.3
181.9
167.9
110.5
147. 5
105.6
' 186. 9

171.7
186.9
179.2
163. 1
110.2
141.6
105. 4
' 186.2

172.8
188.1
179.9
163.7
111.5
139.4
104.2
M88.4

1 81 . 5
198.3
190.7
168.0
114.4
147.1
105.8
r
!96. 7

187.3
205. 2
197.1
172.9
115.8
152. 8
108.0
199. 0

185.0
202. 3
193.3
171.4
115.2
154.7
106. 4
191.0

177. 7
193.3
1S2.6
164.6
114.7
144.2
109.0
' 186. 3

182. 5
199.1
189.4
167.6
115.5
150. 5
110.2
192. 0

187. 1
204.3
192.4
169.2
117.0
155. 4
115.4
' 197. 6

183.2
199.1
184.7
166.0
117.5
155.0
114.5
' 196. 9

185. 2
201.4
184.4
167.2
117.7
161.3
113.3
r
199. 6

18?,. 6
199.4
180.7
166. 3
116.7
164.6
110.9
'198.4

183.7
199.2
181.7
1 66. 1
117.1
1 66. 9
111.1
203. 7

2,030
74, 220

1,337
52. 456

1,354
53,154

1,626
59, 483

1,707
66, 385

2, 045
85, 294

1,413
65,122

1, 501
63, 170

1,922
71. 188

1. 598
62, 651

1.451
63, 006

1,647
66, 676

1,262
59, 431

1,748
56, 928

1,143
40, 667

1,171
42, 438

1,393
44, 583

1,445
48, 204

1,714
60, 208

1,196
47, 449

1,279
44, 886

1 . 618
49, 431

1, 351
42, 296

1,210
43, 464

1,373
41.601

1,077
43, 060

r

r

r

38, 457

27. 402

27, 989

33, 642

36. 395

42, 531

25, 677

30, 083

37, 141

27, 195

29, 513

28, 963

23, 586

100, 1 20
2, 452

97, 920
2, 528

104,610
2,557

108,307
2, 568

108,911
2. 581

106, 439
2, 592

106, 309
2,604

109, 484
2,616

111,580
2,627

108,471
2, 634

113, 099
2,644

107,848
2,661

110,690
2.691

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
do
do

5, 285
4, 103
467
715

5, 047
3,849
459
739

5, 520
4,130
670
720

5 294
4, 155
418
721

do
do
do
do

3, 935
3,132
98
705

3.671
2,677
90
904

3,593
2, 645
111
837

3.909
2,965
94
850

Balance on goods and services

do

+1. 350

+1,376

+1, 927

+1, 385

Unilateral transfers (net) total
Private
Government

do
do
do

-1,351
-99
-1, 252

-1.218
-90
-1, 128

-1,204
-114
-1,090

-917
-95
-822

U S long- and short-term capital (net) total do

oy

— 10

do

-392
—268
-124

—27

—502
—422
—80

—366
—233
—133

do

+94

-2

+404

+183

+55

—292

—709

—555

+84

+270

Merchandise, adjusted
Income on investments abroad
Imports of goods and services, total
Merchandise, adjusted
Income on foreign investments in TJ S
Other services

Government
Foreign long- and short-term capital (net)

Increase (— ) or decrease (+) in U. S. gold stock
mil of dol

+244
+ 173
Errors and omissions
do
r
Revised.
» Preliminary.
^Revisions for dividend payments for January-March 1951 will be shown later.
§Number of stocks represents number currently used; the change in the number does not affect the continuity of the series.




1.91
2.67
2.63
2.84

SURVEY OF CUEEENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-21
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:
Quantity
_
1936-38=100 _
Value
do _
Unit value
do
Imports for consumption:
Quantity
do
Value
do _
Unit value
do
Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
1924-29=100
Adjusted
_
- do
Total, excluding cotton:
Unadjusted
- --do _
Adjusted
do
Imports for consumption:
Unadjusted
- - do _
Adjusted
_-do

260
550
212

250
525
210

232
484
209

250
517
207

249
501
202

232
469
202

279
565
203

281
586
208

508
208

261
540
207

278
576
207

261
542
208

148
461
311

140
446
319

137
433
316

139
435
313

118
364
307

141
425
301

135
403
298

131
390
299

149
446
300

147
439
298

157
474
302

154
456
297

105
132

92
117

74
101

90
99

106
86

117
81

136
103

148
116

129
123

125
151

121
143

95
120

155
174

150
177

126
157

155
151

157
125

149
113

158
138

157
141

157
163

164
207

178
213

139
169

104
107

99
109

103
114

107
116

91
95

102
103

102
108

93
92

121
116

120
118

122
110

118
112

9,714
7,849

9,526
8,193

8,865
8,033

11, 171
7,642

10, 931
6, 673

10, 605
7,873

9,400
6, 899

8, 309
6, 322

8,473
7, 705

7,346
6,888

*>46

~

Shipping Weight

Water-borne trade:
Exports incl reexports^
General imports

thous. of long tons _
-do _

Value

Exports, including reexports, total1?
mil. of dol__
By geographic regions:
Africa
thous. of dol
Asia and Oceania
-do
Europe
do
Northern North America
_ -do
Southern North America
do
South America
- do
Total exports by leading countries:
Africa:
Egypt
_
-- -do_
Union of South Africa
_
do —
Asia and Oceania:
Australia, including New Guinea- ._ - do
British M^alaya
- do
China©
-do
India and Pakistan
do
Japan
do
Indonesia
-do
Republic of the Philippines
do
Europe:
France
- do
Germany
-do
Italy
-do _
Union of Soviet Socialist Republics
do _
United Kingdom
- - -do __
North and South America:
Canada, incl. Newfoundland and Labrador
do
Latin- American Republics, total
do
Argentina
- ...do
Brazil
_ _ _ d o ...
Chile
do
Colombia
_
-do
Cuba
do ._
Mexico
do_ _
Venezuela
do. _
Exports of U. S. merchandise, totalj
mil. of dol._
By economic classes:
Crude materials
thous. of dol
Crude foodstuffs
do _ _
Manufactured foodstuffs and beverages^ - .do
Semimanufactures 9
- do __
Finished manufactures 9
do
By principal commodities:
Agricultural products total
do
Cotton unmanufactured
do __
Fruits, vegetables, and preparations
do
Grains and preparations
do
Packing-house products
do
Nonagricultural products, total
_ do
Aircraft, parts, and accessories §
- -_do
Automobiles, parts, and accessories §<?__do
Chemicals and related products cf
- do _.
Coppercf
do
Iron and steel-mill products
- do. _

1,354

1,294

1,180

1,269

1, 232

1,152

1,386

1,438

1,250

1,329

1,416

' 1,332

58, 965
184, 91 2
367, 617
255, 641
140, 067
174, 180

48, 590
192, 424
338 960
236, 890
138, 645
184, 228

56, 394
190, 855
283, 061
202, 521
136, 428
182,787

58, 191
200, 481
306, 987
202, 829
146, 970
198,322

58, 477
205, 651
329, 003
200, 263
136, 478
177,214

34, 204
182, 450
346, 768
214,669
131,348
133, 848

46, 365
271,447
377, 370
208, 048
1 55, 955
187, 113

51,379
294, 556
439, 507
180, 640
1
55, 024
205, 633

48, 346
222, 488
385, 849
192, 265
136, 049
152, 702

55, 557
257, 202
338 971
203, 655
149 414
188,427

71,130
238, 429
370,718
227, 488
157,459
201,456

58, 366
219, 396
269, 985
242, 089
147,313
175, 912

8,078
29, 089

7,313
21,821

6,804
23, 893

8, f,39
25, 530

10,624
25, 482

7, 534
13, 859

5, 609
18, 872

4. 033
21. 503

7,718
22, 106

5,757
17,416

7,889
29, 043

10, 320
20, 825

8,270
4 274
0
35, 465
51, 122
15,327
24 026

12, 874
4 447
0
30 460
45, 076
14 628
34 323

16, 763
5 489
0
33 751
36, 753
14, 692
31 273

14, 983
6 003
0
42 076
34, 237
15,341
35 335

13,936
4, 887
0
36, 870
39, 456
16,225
35, 820

14, 304
3,648
0
41, 422
40, 845
7,177
27, 044

24, 673
5,139
0)
78, 027
58, 122
12,421
32, 579

26, 026
5, 047
0
82, 359
55, 307
12,403
41 028

18, 558
3, 884
0
69, 665
44, 582
10, 343
23. 050

17, 246
4,002
0
77, 879
51, 942
11,786
25 558

20, 954
3,792
0
66, 884
50, 355
12,449
25, 262

17, 331
3,215
0
47, 323
63, 485
9,971
21 225

36, 549
40,158
72, 198
1
56, 423

39, 535
41,786
38, 689
13
68, 213

36, 392
33, 688
20, 505
7
71, 556

32, 284
41,279
24, 253
2
77, 999

32, 295
49, 223
20.711
(3)
97,170

33, 193
44, 727
24, 825
(i)
99, 809

40,812
47, 482
34, 723
0
96, 012

48, 152
55, 299
44, 119

103, 044

41,079
63.151
41,611
5
78, 393

29, 308
47, 137
40, 372
2
75, 810

42, 688
40, 741
46, 995
2
87, 006

33, 695
22, 132
37, 381
2
56, 396

255, 597
300, 574
20, 231
54,610
16,218
20, 788
40, 762
r
60, 951
38, 487

236, 888
310, 276
24, 368
58, 337
16, 553
21, 930
42, 627
r
60, 379
39, 531

202, 466
307, 194
23, 960
61, 060
17. 408
20, 089
41, 739
r
59, 485
35, 247

202, 826
330, 140
25, 220
69, 125
15, 902
19, 355
43, 071
64, 391
39, 025

200, 197
298, 047
19, 723
74, 292
11, 625
17, 145
38, 829
59, 538
32, 524

214, 623
252 946
13, 904
51, 822
7 647
13,191
39,912
62, 805
27, 636

208, 047
327, 314
21, 558
71,073
12 641
18, 949
48, 993
62, 850
40, 122

180, 639
342 626
18, 878
81,924
19 346
20, 256
44, 168
63, 340
39, 235

192,265

203, 655
321 392
14, 143
75, 329
11 928
20, 957
49, 409
54, 526
43, 450

227, 469
343, 281
15,138
74, 757
15,125
20, 843
48, 697
' 65, 336
48, 276

242, 081
305 994
13,211
65, 543
11 083
18, 349
44, 035
58, 987
44, 977

14, 750
57, 904
10 460
15, 722
39, 866
55, 454
33, 620

1,340

1,280

1, 179

1,260

1,222

1,144

1,376

1,428

1,238

1,317

1,403

203 953
137 880
71,443
142,617
784 215

148 461
135 776
74, 229
153 929
767 932

128 063
105 050
72, 807
155 010
718 524

152 392
118 190
78, 471
149 517
761 147

207. 569
106, 297
65, 570
145, 278
696, 886

272 498
98, 249
61,709
127,288
584, 616

299 469
109,339
73, 422
148, 106
745, 882

330 328
109,222
69, 724
161, 457
751,288

255 350
128, 136
60, 406
137, 168
656,815

928 045
129, 265
74, 126
138, 742
746, 658

188,112
175,216
63,892
159, 901
815, 686

157 558
135 494
56, 354
160, 574
<S11 788

354 602
93, 532
15,912
138 191
26. 797

310 744
50 660
16,417
131 766
23 552

251 719
32 663
13, 799
111 027
24, 130

276 985
32 139
17, 099
128 156
19, 554

307, 685
70, 787
16, 738
115,935
18, 734

349, 603
116,856
21, 332
103 925
16, 292

415 986
165, 771
20, 978
119 634
24, 724

r

460 201
213, 167
20, 540
115 601
28, 683

377, 024
148, 921
20, 144
130, 235
27, 048

377 502
132, 039
19, 489
145 609
26, 936

370, 668
94, 236
19, 383
181,897
23, 498

292 601
73 75?
18, 261
142 676
16, 303

985, 505
1,007
110, 500
86, 146
7, 170
50, 191

969, 583
3,650
104, 652
93, 417
7, 087
47, 390

927, 736
2,565
103, 048
89, 623
7,246
48, 588

982, 731
1,536
103, 270
91,811
3, 608
48, 614

913, 915
2,362
101, 188
85, 644
2,964
54, 605

794, 757
457
75, 819
71, 246
6, 679
45, 973

960, 233
462
97, 866
90, 358
9, 963
56, 445

T

967 818
573
98, 917
89, 030
10, 271
67, 534

860 850
2584
77, 987
76, 163
7, 324
62, 962

939, 333 1,032,138 1 029 167
2
2722
2 1, 448
1,002
109, 743
100, 542
104, 293
80, 104
78, 617
68, 192
11,107
8,685
13 308
78, 910
63,080
72, 864

' 1, 322

1, 461

1,446

262, 594
193, 721
220, 758
219, 062
214, 246
217,585
240, 606
172, 038
237, 795
217. 108
213, 309
Machinery, total§cf --do ._
238, 841
14,015
13, 856
12 344
9 384
10 557
13,017
13 320
10 818
10, 631
15 301
Agricultural
do
13 927
9 574
Tractors, parts,
and
accessories
§
.
-_do
_
34,
684
28,742
25,
160
29,
840
21,
163
22,
956
28,
508
22,
294
28,
478
27,
251
24,
406
30 698
53, 222
52,
507
47 227
46, 354
51, 545
50, 247
36, 481
48, 611
Electrical §d1
do
49
358
41
995
51 282
48 799
23, 487
15, 687
17,025
20, 327
15, 692
17,279
Metal working
_.
do_ __
12,059
18 303
19, 823
15, 346
21 275
17 391
125, 971
98,823
82 231
95, 590
96, 901
116 642
88 970
100 053
Other industrial d"
do
103 356
111 734
118 844
103 650
71, 264
64, 207
85 145
Petroleum and products
do
65, 061
60, 974
74' 137
83, 540
76, 389
74 343
69 763
73 278
65, 049
69, 462
75, 6.45
59, 888
72, 721
Textiles and manufactures
do
56, 162
62, 354
62, 891
61, 305
77, 546
49. 742
69. 927
57. 290
r
2
Revised.
* Less than $500.
Data beginning January 1952 exclude additional items classified as "special category." See note "§".
^ Total exports and various component items
include shipments under the Mutual Security Program (formerly the Mutual Defense Assistance Program) as follows (mil. of dol): May 1951-May 1952, respectively—129.2; 115.1; 85.0;
115.3; 81.2; 58.8; 84.1; 59.6; 65.0; 78.7; 94.2; 153.7; 230.6. Beginning July 1950, certain items classed as "special category" exports, although included in total exports, are excluded from water-borne
trade and from area and country data.
O Including Manchuria beginning January 1952.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
§ 1Excludes "special category" exports not shown separately for security reasons.
O" Data beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.




SURVEY OF CURRENT BUSINESS

S-22
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952

1951

May

June

July

August

1952

September

October

November

December

January

February

March

April

May

834, 800

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
General imports, total
thous. of dol._ 1,017,662
By geographic regions:
76, 227
Africa
do_ _
242, 745
Asia and Oceania
_ __ _
do_ _
189, 573
Europe
do
202, 106
Northern North America
- do
99, 429
Southern North America
do
207, 582
South America _
_ _ _. _ __ _ do
By leading countries:
Africa:
12, 936
Egypt
do
12, 697
Union of South Africa
_ _ -do
Asia and Oceania:
62, 048
Australia including New Guinea
do
24, 551
British Malaya
_ _ _ -do
2,886
ChinaO
do
32,117
India a n d Pakistan
__
___
_ d o __
26, 810
Japan
- do _
19, 526
Indonesia
- - - - do
30, 382
Republic of the Philippines __
do __
Europe:
28, 066
Erance
do
21,414
Germany
_ _
_ _ do
10, 967
Italy
do
1.625
Union of Soviet Socialist Republics
do_
45,
712
United Kingdom
do
North and South America:
Canada, incl. Newfoundland and Labrador
202, 098
thous. of dol
291, 558
Latin -American Republics, total
do
29, 975
Argentina
_ _ _
do
68, 528
Brazil
do
22, 076
Chile
_
_
_ _ d o
27, 176
Colombia
do
33, 026
Cuba
_ _ _
do 26, 373
Mexico
do
30, 966
Venezuela
_
do
945,
753
Imports for consumption, total _ _ _
do
By economic classes:
297,
658
Crude materials
do
171, 156
Crude foodstuffs
do
91, 544
Manufactured foodstuffs and beverages do
221, 239
Semimanufactures
do . _
164,
156
Finished manufactures
do
By principal commodities:
452,
405
Agricultural products total
do
100, 701
Coffee
- - - _do
13,038
Hides and skins
- do
52, 026
Rubber, crude, including guayule
do _.
1, 216
Silk unmanufactured
do
33, 985
Sugar
-do
84,
690
Wool and mohair, unmanufactured
do
493, 347
Non agricultural products total
do
8,537
Furs and manufactures
- do _
Nonferrous ores, metals, and manufactures,
57, 425
total
thous of dol
23, 308
Copper incl ore and manufactures do
8, 036
Tin, including ore
_ do
38, 598
Paper base stocks
do _
43,
525
Newsprint
- do
52, 425
P

929, 967

894, 449

880, 376

721, 206

833, 568

818, 464

800, 424

921, 625

892, 267

962, 529

931, 800

55, 326
235, 728
179, 867
191, 899
95, 510
171, 637

39, 758
226, 954
176, 482
189, 588
100, 529
161, 137

40, 225
229, 332
161,084
192, 507
84, 507
172, 721

26, 035
158,167
146,416
171,896
75, 948
142, 743

40, 409
143, 779
147, 819
218, 308
90, 174
193,079

37, 660
146, 597
157, 343
199, 684
88, 491
188, 689

34, 967
151, 797
152 982
190, 050
93 180
177, 449

68 441
172, 961
175 945
187, 047
127 586
189, 645

68 605
183,051
153 836
177 067
131 814
177, 895

75 854
205, 720
169 630
195 588
138 086
177, 651

56 085
203! 052
174 429
189' 642
135 787
172, 804

5,161
14, 390

268
8,561

789
7,851

275
5,472

660
9,699

812
11,002

1, 063
6,470

IB 453
11,844

18 907
10, 066

13 397
12, 832

2 ^73
8,994

49, 933
36,315
2,062
36, 320
16, 557
17, 236
25, 501

22, 859
52, 373
2, 242
32, 401
15,013
24,911
23, 374

39, 265
39, 001
1,634
24, 394
18, 246
29, 665
22, 302

7, 105
32, 228
1,241
17,487
12, 297
19, 689
19, 201

14, 919
27, 878
1,136
19,989
14, 369
19, 389
17, 381

9,616
26, 479
2,719
19, 062
15, 894
17,297
15,882

22, 486
16,907
4,725
19,317
15, 021
20. 075
15, 85S

8 518
38, 536
4 902
22, 437
17 772
29, 704
14, 785

16 605
39, 366
5 068
27, 960
14 520
23, 281
17, 213

12, 293
65, 314
4,911
22, 905
18, 593
21,921
21, 284

21 916
42, 297
3 699
27, 422
14 935
28, 098
16, 624

21, 375
24, 668
12,475
2,790
38, 701

21,239
25, 375
9,763
2,014
44, 311

24,812
21, 183
10, 698
3,259
39, 499

16,332
18, 452
9, 502
1,141
33, 228

15,455
20, 321
8,909
3,311
33, 436

13, 635
17,003
12, 364
3,088
40, 318

15,172
14, 809
12, 953
2, 251
35, 445

20, 364
17, 509
11,321
1,150
39, 013

14, 737
15, 999
13,019
506
31, 127

13, 940
16. 432
12, 593
3,166
39, 917

14, 010
14, 678
12 371
2,220
47 2G7

191, 748
251, 109
16, 805
65, 068
15, 557
26, 894
34, 073
23, 951
27, 294
914, 641

189, 287
248, 398
11,970
54, 670
10,815
37, 203
39, 117
26, 070
26, 733
886, 975

192, 194
244, 522
10, 486
65, 706
18, 247
33, 563
40, 381
18,885
25, 827
893, 004

171, 259
208, 149
8,221
62, 976
13, 863
22, 851
34, 512
20, 554
22, 208
746, 018

217, 924
264, 926
6,643
83, 440
18, 437
34, 307
35, 509
26, 426
30,119
872, 459

199, 668
260, 158
6,843
89, 607
18, 197
34,611
31, 421
27, 152
25, 822
826, 931

190, 045
249, 594
7,912
85, 000
' 11,633
36, 596
13,325
32, 849
27,014
800, 271

187, 046
293, 254
8,294
69, 828
92 246
42 Oil
30, 577
41,169
33, 927
914, 896

177,063
287, 913
7,309
80, 426
13, 502
33, 952
32, 480
36, 177
29, 889
901, 031

195, 490
292, 735
9,884
74, 507
20,317
28, 329
41, 927
39, 685
30, 856
971, 630

189, 532
289, 5f)3
10, 900
66, 863
15, 124
28, 071
47. 531
37. 497
34, 78S
935. 067

299, 779
147, 563
92, 570
216, 715
158,015

293, 043
136, 449
92, 926
198, 969
165, 588

289, 229
144, 008
88, 418
204, 965
166, 383

237, 610
122.010
76, 220
169, 268
140, 909

256, 985
166, 932
93, 424
192, 616
162, 502

213,015
184, 843
80, 727
183, 276
165, 070

216,336
187, 540
58, 588
183, 515
154, 292

269, 233
193 779
79, 333
205, 092
167, 459

269, 834
207, 047
75, 511
186, 323
162, 316

300, 122
193, 305
92, 714
216,172
169, 317

293, 2S6
172 612
91, 061
205, 582
172, 527

428,166
90, 657
13, 399
69, 369
1,287
32, 399
70, 964
486, 475
8,913

405, 553
86, 897
15,187
87, 733
1, 035
38, 655
48, 000
481, 422
7,503

413, 048
87, 990
14, 540
76, 837
1,625
38, 043
57, 856
479, 956
8,061

333, 763
80,719
14, 220
59, 282
2, 003
30, 063
34,142
412, 255
5,406

389, 202
117,074
9, 757
52, 906
2,549
30, 207
42, 153
483, 258
7,515

378, 805
127,025
5,828
54, 489
2, 059
24, 379
30, 583
448, 126
5, 860

360, 365
138, 847
5 154
43, 997
1,730
7, 566
35,215
439, 906
9,536

437, 299
134, 047
5,493
80, 393
3,865
25, 987
37, 906
477, 597
6,571

439, 207
153, 943
4,027
73, 821
2,728
29, 394
33, 648
461, 823
6,352

434, 935
138, 108
4,238
80, 730
2,504
43, 382
33, 850
536, 696
8,106

408, 335
115, 485
6,223
75, 927
1. 816
41. 832
37,711
526. 7?.2
7,767

71, 740
24, 457
12, 930
44, 995
41,361
52, 783

67, 450
23, 493
13, 090
42, 181
42, 994
48, 447

78, 193
30, 744
10, 251
35, 297
47, 695
44, 664

57, 997
25, 671
5, 860
31,191
38, 758
43 122

70, 349
23, 344
14, 287
36, 403
50. 009
51 081

59, 782
21 814
4,156
31, 025
47, 951
48 415

65, 168
19, »71
7,871
30, 479
44, 799
48 103

65, 594
28 638
2, 552
33, 447
42, 230
60 458

75, 677
22, 285
5, 516
31, 727
43, 246
53 717

132, 573
27, 393
22, 370
29, 326
44, 960
55, 321

129, 090
24 906
31,076
24, 649
45. 587
59 250

843, 200

TRANSPORTATION AND COMMUNICATIONS
TR AN SPORTATION
Airlines
Operations on scheduled airlines:
32, 229
29, 318
32, 551
32, 144
30, 813
31, 529
Miles flown revenue
thousands
15, 543
19, 085
17, 173
17, 909
19, 106
17, 853
Express and freight carried
short tons
10, 327
9,739
11, 902
11,318
11,165
12, 203
Express and freight ton-miles flown thousands
4,612
4,805
5,035
5,029
4,938
5,717
IVIail ton -miles
flown
do
r
1,866
' 1, 852
1,804
1,960
1, 895
1,895
Passengers carried, revenue
do
914,
367
956,
974
922,
856
934,
584
859,
130
919,
952
Passenger-miles flown revenue
do
Express Operations
17, 389
18, 273
17, 852
17, 172
17, 845
18, 895
Operating revenues
thous of dol
d%
76
146
37
6
*18
Operating income
do
Local Transit Lines
10. 5645
10. 5231
10. 6010
10. 6642
10. 6813
10. 5231
Fares, average cash rate
- - cents
1, 048
989
1,012
1,016
1,103
1,117
Passengers carried, revenue
_ _ - millions124, 800
114, 800
120,500
117, 300
130, 200
127, 300
Operating revenues
thous. of dol
Class I Steam Railways
Freight carloadings (A. A. R.):cf
r
2,992
4,039
3,291
4,142
3 478
3r 977
Total cars
thousands
444
589
755
710
653
661
Coal
do
r
79
64
66
83
63
81
Coke
-_ —
do
241
189
194
168
227
'
243
Forest products
do
212
254
219
216
217
'216
Grain and grain products
do _
34
34
69
73
27
MO
Livestock
_
_ do
422
312
452
356
'417
361
Ore
do
304
366
368
268
296
'375
Merchandise, 1 c 1
do
1,454
1,664
1,937
1,533
1,967
«• 1, 945
Miscellaneous
— do _.
T
Revised.
<* Deficit.
©Including Manchuria beginning January 1952.
cf Data for May, September, and December 1951 and March and May 1952 are for 5 weeks; other months, 4 we




30, 290
17, 783
11,492
5,993
1,664
812, 028

30, 973
19, 121
12, 444
7,966
1,571
834, 298

32, 221
18, 484
11,911
5,871
1,576
851, 723

30, 896
16, 269
11, 734
5,688
1,520
799, 871

33, 363
19, 142
13, 039
5,681
1,733
926, 746

33, 961
19, 247
12, 894
5, 655
1,892
995, 994

18, 725
65

22 746
44

20, 143
77

20, 061
97

20, 090
46

19, 982
19

10. 7032
1,072
127, 800

10. 8224
1,105
139, 200

10. 8808
1,071
128, 500

11. 0560
1,012
123, 900

11. 0852
1,069
126, 500

11. 1922
1,060
129, 400

3,155
642
66
175
210
51
202
285
1,524

3,522
760
82
198
240
46
118
331
1,747

2 828
627
66
165
197
34
70
263
1,405

2 886
587
65
172
195
33
76
294
1,463

3 624
686
79
218
234
37
105
377
1,888

2 912
498
53
175
162
36
211
297
1,480

11. 2579
1,054

3 677
607
68
201
204
42
403
350
1,803

SUEVEY OF CURRENT BUSINESS

July 1952

S-23
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

September

October

November

December

January

February

March

April

May

TRANSPORTATION AND COMMUNICATIONS—Continued
TR AN SPORT ATION— Continued
Class I Steam Railways— Continued

Freight carloadings (Federal Reserve indexes):
Total unadjusted
1935-39=100
Coal
do
Coke
do
Forest products
__do
Grain and grain products _
do_ _
Livestock
__do__
Ore
do
Merchandise, 1 c. 1
-do
Miscellaneous
-_
do_-_
Total, adjusted
do
Coal _
do
Coke
do
Forest products
_
- - _-do
Grain and grain products
do
Livestock
__ _
do
Ore
do
Merchandise, 1. c. 1
_ _ _ do __
Miscellaneous
do
Freight-car surplus and shortage, daily average:
Car surplus total
number
Box cars
do __
Gondolas and open hoppers
do
Car shortage, total
-do
Box cars
do
Gondolas and open hoppers
do _
Financial operations (unadjusted):
Operating revenues total
thous. of dol
Freight
_ _ _ _ . . _ do _
Passenger
- __do
Operating expenses
- - _-do
Tax accruals, joint facility and equipment rents
thous. of doLNet railway operating income
do
Net income J
do
Financial operations, adjusted: §
Operating revenues total
mil. of dol
Freight
do
Passenger
do
Railway expenses
-- do _
Net railway operating income
do
Net income
do
Operating results:
Freight carried 1 mile
mil. of ton-miles
Revenue per ton-mile
cents
Passengers carried 1 mile, revenue
millions..

r
r
r
r

135
111
208
160
124
57
296
48
149
133
111
210
154
141
64
212
48
148

137
120
212
158
125
49
321
47
148
131
120
217
152
123
61
207
47
144

130
97
209
143
156
50
325
44
143
125
97
215
143
130
61
203
45
142

137
122
206
155
151
64
313
47
145
133
122
215
148
140
67
209
47
144

144
130
209
153
148
107
308
48
154
133
130
211
142
132
81
205
46
143

146
134
202
152
154
128
267
48
157
135
134
206
144
154
83
180
46
144

140
140
218
149
156
88
174
47
149
137
140
218
152
159
70
180
46
144

123
127
216
128
135
65
73
43
134
133
127
206
144
143
68
235
44
142

128
133
214
139
146
64
64
44
138
141
133
203
155
146
67
256
46
151

126
120
203
140
137
57
69
47
140
136
120
192
146
140
72
277
49
149

124
111
198
141
128
53
75
48
142
133
111
196
141
139
66
257
47
149

123
103
163
142
115
65
195
47
139
126
103
166
142
130
73
212
46
141

124
101
178
131
116
59
292
45
138
122
101
179
126
132
66
212
45
137

8,300
1,203
434
9,858
4,760
3,929

21, 677
15, 463
133
9,721
3,065
5,641

28, 062
13, 109
11,928
8,613
2,716
4,873

4,422
1,412
0
18,154
7,531
9,359

3,640
164
4
14, 902
4,181
9,231

2,593
86
19
19, 045
6,235
10, 168

3,375
203
4
8,586
2,459
5,311

7,855
1, 456
298
3,889
1,201
2,336

11, 255
3,396
1,859
3,906
1,430
2,014

8,185
1,012
2,084
3,992
1,747
1,550

9,264
2,161
1,516
2,621
845
993

17, 100
4,108
3,339
1,874
365
857

24, 363
11,153
2,554
2,296
704
959

888, 608
752, 433
70, 657
691, 046

855, 753
710, 732
80, 641
677, 685

816,812
674, 008
80, 602
683, 824

909, 945
758, 759
83, 830
700, 651

855, 929
716, 394
74, 092
660, 408

965, 552
816, 182
71,129
699, 508

903, 864
743, 296
71, 795
672, 482

902, 695
689, 298
88, 238
649, 044

867, 034
712, 906
82, 343
685, 369

844, 966
704, 301
73, 470
649, 687

875, 471
729, 286
74, 077
675, 135

847, 478
702, 145
* 71, 906
r
667, 433

870, 315
720, 138
75, 955
676, 418

120, 045
76, 717
49, 225

114, 138
63, 930
50, 192

91, 053
41, 935
16, 366

128,412
80, 881
55, 497

119, 797
75, 725
50, 255

144, 144
121,900
97, 840

136, 373
95, 008
68, 058

118, 479
135, 172
150, 661

115, 598
66, 067
41, 364

119, 385
75, 895
49, 244

123, 697
76, 639
50, 239

107, 732
•• 72, 3 13
45, 341

110, 927
82, 970

855.1
719.1
71.5
793.5
61.6
30.2

871.3
728.5
77.9
795.4
75.9
44.0

818.4
682.7
73.9
774.8
43.6
12.9

854.3
712.2
74.8
806.5
47.8
16.0

873.2
734.3
74.4
793.9
79.3
49.5

897.0
751.2
72.7
818.2
78.8
47.2

907.1
745.5
75.1
818.0
89.1
56.3

925.4
727.0
86.6
778.7
146.7
113.9

58, 764
1.342
2,638

56, 643
1.323
3,093

53, 284
1.333
3,190

60, 017
1.326
3,287

58, 131
1.298
2,918

61, 838
1.374
2,718

56, 740
1.369
2,697

52, 664
1.372
3, 354

54, 700
1.367
3,089

54, 089
1.370
2,697

55, 949
1.372
2,759

52, 147
1.412
2,684

10, 161
5,980
4,181

10, 060
5,725
4,334

2,695
1,286

2,632
1,170

2,599
1,280

2,774
1,179

2,685
1,210

2,729
1,289

2,571
907

2,915
1, 205

2,637
1,004

2,619
1,011

3, 115
1,130

3, 039
1,035

2,979
1,188

5.79
'79
251

6.32
81
252

6.03
75
219

6.68
79
243

6.58
83
246

6.79
85
244

6.83
77
243

6.18
65
218

6.37
77
242

6.39
79
240

6.24
77
225

6.74
79
251

6.20
78
266

51,413
57, 981
1,809
17, 945
35, 678
920

58, 967
82, 696
2,211
23, 605
39, 653
2,107

74, 203
86, 087

95, 978
75, 493

86, 849
51, 862

65, 535
46, 549

51,315
44, 084

53, 587
52, 188

50, 857
54, 537

61, 682
71, 370

65, 249
68, 599

17, 943
27, 411
3,547

18, 020
24, 670
3,474

19, 001
17, 398
1,681

25, 847
19, 602
842

28, 347
18, 364
353

26, 501
17, 592
216

24, 862
27, 374
267

19, 205
27, 806
336

23, 897
383

626

1,049

766
8,075

850
10, 363

766
9,299

787
9,531

785
9,567

794
9,663

788
9,579

780
9,531

985
12, 072

886
10, 808

867
10, 655

762
9,343

318, 790
185, 965
110, 775
226, 647
40, 391
39, 406

318, 428
186,604
109, 396
222, 998
40, 418
39, 555

317, 948
185, 072
110,185
232, 641
35, 505
39, 707

326, 328
187,231
116, 208
235, 864
37,815
39, 889

320, 205
188, 477
108, 331
225. 658
29, 429
40, 066

335, 579
194, 221
117, 636
238, 005
38, 970
40, 279

334, 449
196, 380
113, 990
235, 785
39, 647
40, 451

341,381
199, 422
117, 526
242, 793
40, 855
40, 679

339, 151
198, 907
115,814
240, 030
39, 077
40, 127

332, 063
196, 952
110,319
231,914
39, 702
40, 314

345, 353
202, 195
118, 143
238, 954
42, 437
40, 516

16, 235
14, 199
1,157

16, 072
14, 033
1,173

15, 422
15, 127
4569

16, 360
15, 057
456

15, 725
14, 623
371

17,173
15, 009
1,395

16, 120
14, 679
720

17, 423
15, 548
1,317

16, 789
15, 191
717

15, 875
14, 328
716

16, 801
14, 923
1,016

2,227
1,736
267

2,149
1,693
241

2,082
1,768
106

2,142
1,712
224

2,184
1,674
315

2,366
1,665
509

2,235
1,669
378

2,448
1,730
517

2,199
1,752
236

2,114
1,733
192

2, 237
1,759
274

2,491
1,968
394

2,456
1,982
347

2,375
1,974
283

2,455
1,984
365

2,453
1,946
400

2,569
2,022
441

2,532
2,036
388

2,726
2,156
495

2,669
2,099
443

2,510
2,013
372

2,592
2,094
388

r

r

r
r

Waterway Traffic
Clearances, vessels in foreign trade:
Total IT S ports
- thous. of net tons. _
Foreign
do
United States
- - do
Panama Canal:
Total
thous. of long tons
In TJnited States vessels
do
Travel
Hotels:
Average sale per occupied room
dollars. Rooms occupied
percent of total. _
Restaurant sales index
same month 1929= 100. .
Foreign travel:
TJ S citizens arrivals
number
U S citizens departurescf
do
Emigrants
do
Immigrants
do
Passports issued
do
National parks, visitors
thousands__
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous. of dol
COMMUNICATION S
Telephone carriers:©
Operating revenues
thous. of dol
Station revenues
do
Tolls, message
do
Operating expenses before taxes
do
Net operating income
do
Phones in service, end of month
thousands..
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph :
Operating revenues
thous. of dol
Operating expenses incl depreciation
do
Net operating revenues
do
Ocean-cable:
Operating revenues
do
Operating expenses incl depreciation
do
Net operating revenues
do
Radiotelegraph:
Operating revenues
do _
Operating expenses, incl. depreciation
do
Net operating revenues
do
r

Revised.
* Preliminary.
<* Deficit.
JRevised data for April 1951, $46,870,000.
§Discontinued by the compiling agency after December 1951.
cfData exclude departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.
OData relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier
data.




SUKVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

Julv 10.52
1952

1951

June

May

July

August

September

October

November

December

January

February

March

April

May

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production: $
Ammonia, synthetic anhydrous (commercial)
short tons
Calcium arsenate (commercial)
thous of Ib
Calcium carbide (commercial)
short tons
Carbon dioxide, liquid, gas, and solid©
thous of Ib
Chlorine, gas
short tons
Hydrochloric acid (100% HC1)
do

146, 915
6,196
65, 310

132,158
6,792
64, 514

146, 592
4,092
65, 421

146, 664
900
68,170

147, 508
(i)
67, 255

155, 913
(i)
71,011

156, 692
(i)
69, 730

161,681
(')
69, 095

158, 848
(i)
72, 178

151, 632
C1)
67, 788

172,099
67, 974

0)

177,059
(0
GO, 001

131, 068

130, 473
202, 693
57,072
318
115, 398
1,748
147,392

140, 799
210,477
57,111
(i)
124, 402
1,799
1 57, 760

157, 590
21 5, 729
56, 005
(i)
123, 996
1,824
163 038

127, 406
212,083
56, 881
(i)
124,304
1,829
151, 677

108, 103
224, 250
59, 920
818
132, 286
1,907
154 060

84, 823
219,250
59, 639
1 152
133, 790
1,938
153 432

82, 105
228, 949
58, 222
3 194
135, 516
1 , 934
153 463

88, 124
230, 271
00, 191
3 970
140, 970
2,019
151 922

91,614
215,570
57, 906
3 100
128, 978
2,008
151 684

' 94, 014
229, 472
58, 808
3 010
144, 090
'2,156
T
168, 272

107. .502
217, 038
53, 129
1 59fi
137, 924
1,949
171 463

209, 024
58, 461
1,838
115, 286
1,863
157, 086

Nitric
acid (100% HNOs)
short tons
OxyCTen (high purity)
mil of cu ft
Phosphoric acid (50% HsPO^
short tons
Soda ash, ammonia-soda process (98-100%
434, 399
374, 204
372, 599
434, 892
337,710
389, 487
367, 380
303, 579
430, 622
403, 028
419,987
Na_CO 3 )
short tons_. 458, 217
11,858
10,388
10, 276
8, 590
11,011
9,722
0 428
1 0. 660
10, 550
11, 276
11,224
10 966
Sodium bichromate and chroma! e
do
252, 282
272, 799
247, 734 '271,996
269, 387
275, 224
259, 727
263, 320
258, 521
262, 683
256, 713
Sodium hydroxide (100% NaOH)
_ -.do __. 262, 881
Sodium silicate, soluble silicate glass (anhy47, 602
41,210
43, 268
40, 852
43, 599
42, 666
35, 730
45, 705
48,116
30, 794
49, 485
46, 978
drous)
short tons
Sodium sulfate, Glauber's salt and crude salt
83, 339
81, 196
69, 408
67, 363
' 73, 973
75, 057
65, 646
80, 037
74, 974
72, 396
72, 078
81,120
cake
short tons
Sulfuric acid (100% H 2 SO 4 ):
1,151,068 1,066,421 1,077,216 1 , 074, 257 1,046,075 1 ,099,964 1,130,831 1 , 179, 263 1,165,350 1,131,289 1,174,830 1, 108, ,573
Production
do
Price, wholesale, 66°, tanks, at works
20.00
20.00
20.00
20.00
20.00
20.00
20.00
20.00
20.00
19.90
20.00
dol. per short ton__
20.00
Organic chemicals:
Acetic acid (synthetic and natural) , production
43, 224
39, 458
34, 874
35, 262
39, 309
29 138
37 711
20 380
37. 952
40, 778
thous of Ib
30 201
43 767
88, 816
82, 968
71, 798
67, 032
86, 343
86, 306
86, 070
42,711
27, ,p,9i
45, 887
59. 358
85 593
Acetic anhydride, production
do
1,283
1,007
952
1 947
945
1,046
1,056
799
1 073
1 185
1 178
Acetylsalicylic acid (aspirin) production do
1 134
Alcohol, ethyl:
46, 173
35, 767
39, 732
40, 945
35, 563
47, 336
42, 253
40, 477
33, 857
42, 421
Production
thous. of proof gal
44, 599
41,129
91, 087
99, 684
101,740
101,244
89, 377
91, 184
94, 742
95,085
103,927
94 645
107 722
Stocks total
do
95 360
In industrial alcohol bonded warehouses
72, 221
74, 411
71,103
66, 465
59. 298
61,803
53 790
77. 190
58, 960
58, 971
54, 937
73, 525
thous. of proof pal..
18, 866
25, 273
30 636
29, 381
37, 462
24, 054
30, 079
35, 782
35, 073
In denaturing plants _ _ _
-do_ _
34,196
40, 423
41 i 959
52, 564
43,611
39. 994
42, 072
45, 582
43, 362
34, 10S
43, 655
48, 919
44 935
42, 509
Used for denaturation t
do
40, 922
1,721
1,178
3, 595
3, 161
3,016
2,258
2,417
1,992
Withdrawn tax-paid ._ _
.
do ._
3, 033
1,861
1, 755
1,788
Alcohol, denatured:
9
28, 063
21,421
23, 322
24,415
23, 723
23, 348
22, 464
6 100
24 000
18 308
22, 757
Production
thous. of wine gal
21 914
27, 498
22 392
23, 740
24 759
24, 186
27, 232
21,944
22, 381
Consumption (withdrawals)
.
_ do
21,491
21,030
21,388
20, 282
8,944
8, 795
10, 252
6, 645
9, 762
7,477
8, 333
10, 476
14, 035
12,093
10,875
Stocks
_
_ ..
-_ _ _do_ .
13, 008
r
12, 708
14 AOl
12, 051
11,186
11,822
12,301
11,677
11 293
10 035
13 54t»
Creosote oil production
thous of sal
11 783
11 559
9,235
8,144
5.441
5,697
7,315
6,479
3,887
4, 359
5,470
Ethvl acetate (85%), production
thous. of Ib
6, 134
4 100
4 419
Glycerin, refined (100%, basis):
High gravity and yellow distilled:
7,882
6, 061
5, 529
6,314
5, 129
3, 661
4,849
6 192
Production
thous. of Ib
5 416
6 745
6 7"0
5 047
8,211
6,072
5, OS7
5, 677
7,173
6, 405
6.718
Consumption
_
_
do
5, 798
6, 976
5 017
0 38,5
5 521
19, 026
15,623
14, 735
15,556
18, 664
1 5, 28 4
17,297
10 219
16 165
Stocks
do
18 104
17 447
17 578
Chemically pure:
1
11,098
10,540
11,078
10, 575
11,747
6,970
9, 681
Production
do
10,676
I 529
11 701
11? 113
12 r0 ^
8, 263
6,714
7, 874
7,003
7, 305
8, 324
Consumption.
_ ._ _
. do
6,407
6,947
7,976
7 398
7 040
7 219
27, 399
25, 943
26, 884
99 435
26, 524
24,914
27, 787
25, 483
26 582
24, 883
Stocks
do
28 107
26 685
Methanol, production:
159
172
193
176
180
175
180
115
Natural (100%)
thous. of gal
192
185
173
161
14, 614
13 40)^
15, 431
16, 503
14, 759
15, 950
14,845
17, 224
15, 536
13 951
Synthetic (100%)
do
14 220
13 755
21, 141
19,926
18. 883
21, 773
21, 524
19, 678
Phthalic anhydride, production __ thous. of Ib
20, 694
21, 241
18, 844
21, 519
21 34S
19] 462

20.00

20, 002
82, 369

51,974
30, 395
30 530
1,395
10, 472
1 9, 980
8, 550

[

7 538
0 239
17 013
7 178
7 015
28 382

FERTILIZERS
Consumption (14 States)§
thous. of short tons_.
Exports, total
short tons
Nitrogenous materials _ _ _ _ _ _
_do
Phosphate materials
do
Potash materials _ _ _
_ . _ d o

'979
285, 768
27, 532
238,165
7,286

509
217, 760
23, 433
176, 300
8,812

302
307,411
25, 762
269, 841
9.049

349
297,010
13,139
259, 668
11,585

494
235, 053
16, 570
183, 344
14, 197

708
315, 160
26, 483
267, Oil
8,854

742
220, 305
27, 772
130, 159
6,772

604
209 754
27, 032
145, 540
5, 433

1, 153
901 559
20 560
154,701
9 050

1,348
914 991
28 775
161, 570
7 019

1,827
191 201
10 802
103, 553
7 409

1,819
204 1 59
1 5 °%
173, 431
fi 1 \~

Imports, total
_
do
Nitrogenous materials, total
do
Nitrate of soda
do
Phosphate materials
__ do
Potash materials _
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses
dol. per short ton
Potash deliveries
short tons
Superphosphate (bulk)Production
. _ do
Stocks, end of month
do

282, 314
226, 829
98, 278
7,936
23, 122

215, 065
137. 981
74, 874
14, 594
47, 929

151,837
79, 692
33, 065
7,871
52, 158

194,530
128,011
58 487
17,154
37,152

147,137
89, 105
41, 768
10, 798
37, 708

190, 328
121,424
53, 401
1,426
54, 721

155,601
105 877
36 395
9,210
28,131

168
101
41
14
44

220
152
54
8
50

209
105
72
17
09

257
180
59
21
27

174 071
90 7^9
18 700
17' 510

53. 50
110,777

53.50
101.663

53. 50
106 134

53 50
112 498

53. 50
113 326

53 50
114 311

57 00
119 074

57 00
121 535

1,036,724
832, 284

877, 081
919, 900

822,116
1,095,216

850 009
1,240 213

811,543
1,268,280

923, 966
1,245,504

737
457
780
797
934

107
137
051
588
133

57 00
114 903

954 651
893 639
962 247
1 183 481 1 163 982 1 2^3 588

047
800
814
751
518

57 00
123 582
1 033 449
1 217 295

555
092
900
551
731

1, 104

90 OH 1

57 00
140 025

57 00
125 000

1 57 711

r

1 101 454 l 137 2"0 1 082 044
1 046 710 r §97 gig '1 008 815

NAVAL STORES
Rosin (gum and wood) :
Production, quarterly total
drums (520 lb.)_
Stocks, end of quarter
do
Price, gum, wholesale, "WG" grade (Sav.), bulk
dol. per 100 lb_.
Turpentine (gum and wood):
Production, quarterly total _ _ _ bbl. (50 gal.)- Stocks, end of quarter
do
Price, gum, wholesale (Savannah) __dol. per gal_.

569, 450
601,000
8.90

8.90
193, 220
152, 490
.78

579, 940
005, 530
8.23

8.33

8.67
195, 260
179, 300
.75

507, 600
748 700
9.07

9.40

9.40

392, 400
722 580
9.40

'8.05

2

8.70

28.55

2 8. 55

167 540
127 940
197, 630
194, 450
.79
.73
.80
.68
.80
.80
2.^5
2.66
.80
.76
2.61 i
' Revised.
i Not available for publication.
2 New York price.
{Revised data for January-October 1950 are available upon request.
GReyised beginning January 1951 to exclude amounts produced and consumed in the same plants manufacturing soda ash.
fRevised series. Data shown prior to the November 1951 SURVEY represent alcohol withdrawn for denaturation.
§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951—April-June, 286' July-September 91- October-December, 111; 1952—January-March, 322.




SURVEY OF CURRENT BUSINESS

July 1952

S-25
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

September

October

November

December

January

February

March

April

May

706
61 905

556
63 111

CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
High explosives
Sulfur:
Production
Stocks

thous. of Ib _
do
long tons
do

743
63,285

787
60, 687

768
56, 451

946
65 264

1,276
62 425

1 610
68 033

1 591
62 244

1,164
53 297

1 325
55 512

1 193
59 669

842
57 659

433 871
438, 843
421, 116
458, 025
460 038
448 842
462 701
445 014
454 960
412 481
459 805
435 828
418 655
2, 711, 267 2, 719, 821 2, 669, 635 2, 665 801 2,754 129 2 782 423 2 805' 902 2 837? 432 2 851 214 2 883 571 2 850 666 2 808 368 2, 827, 506

FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:J
Animal fats:
308, 257
279, 284
297, 887
378, 755
398, 619
417, 530
Production
thous. oflb_- 326, 209
388. 109
281,549
327, 893
117, 213
72, 754
101, 144
96, 644
121,614
98. 302
Consumption, factory _
_
do _
103,387
116,026
121,909
112, 690
266, 198
277, 129
269, 893
303, 436
Stocks, end of month
_
do
273, 326
329, 625
258, 887
270 761
261 850
327 037
Greases:
54, 892
47, 222
52, 630
58,217
46, 862
49 801
58,013
56, 659
58 919
54, 642
Production
do
48, 118
40, 841
41,551
28, 110
42,173
42, 855
42, 189
45, 248
Consumption, factory - do
46, 782
44,277
94, 507
104, 574
113, 378
110, 682
100, 465
101, 780
105, 938
103 919
103 801
113 712
Stocks end of month
do
Fish oils:
9,189
19, 082
18, 789
2,305
169
25, 463
16,612
2 297
900
25, 240
Production
do
10, 443
10, 194
11, 508
8,925
8,578
10,918
9,089
9,840
Consumption, factory
_
_ do
9,993
11,477
75, 111
102, 999
82, 084
62, 053
79, 494
97, 846
96, 437
104 219
73 295
109 630
Stocks end of monthcf
do
Vegetable oils, oilseeds, and byproducts:!
Vegetable oils, total:
420
584
371
522
396
440
616
604
552
330
Production, crude
mil. of Ib
398
342
509
484
358
377
487
478
529
Consumption, crude, factory
do
277
Stocks, end
of
month:
1,062
1,021
1,202
1, 251
1,279
1,028
1,026
1,005
1,100
1,287
Graded"1
_
do
442
504
436
400
250
292
556
329
368
255
Refined
do
39, 913
61, 065
83, 367
74, 267
58, 618
97, 151
52, 833
68, 101
58, 899
83 843
Exports
thous of Ib
39, 332
45, 093
30, 308
27, 157
19, 647
36, 491
35, 813
24, 878
33, 087
28, 433
Imports total
do
7,677
1,886
1,674
2,869
442
2, 050
2,285
2, 415
3,989
1,245
Paint oils
—_
do
37,415
32, 502
24, 872
18, 402
35, 371
37, 446
28, 634
22, 827
30, 218
26, 019
All other vegetable oils
do
Copra:
38, 365
28, 8.59
26, 769
30, 476
22, 047
29, 539
29, 807
35, 774
37, 219
37, 297
Consumption, factory
short tons__
22, 926
21, 546
25, 202
26, 334
21,161
21, 063
27, 492
20, 732
25, 462
21,643
Stocks, end of month
do
34, 681
29, 661
31, 787
41,011
28, 100
21, 716
31, 978
46, 183
36, 287
35, 147
Imports
do
Coconut or copra oil:
Production:
49, 264
38, 132
36, 929
37, 492
35,112
44, 976
27, 903
37,410
48, 133
47, 172
Crude
__
thous. of Ib
22, 714
26, 499
23, 224
27, 987
24, 983
31,625
17, 645
26, 578
28, 028
28, 270
Refined
do
Consumption, factory:
45, 747
42, 364
36, 159
39, 645
39, 206
28, 911
44, 475
45, 564
47, 698
39, 710
Crude
do
25,099
20, 254
22, 336
25, 060
24, 108
15, 631
27, 486
22, 459
25, 348
27, 305
Refined
_ _ _ do
Stocks, end of month:
92, 073
82, 143
106, 153
94, 075
74, 804
61,932
82, 279
85, 024
84, 528
85, 006
Graded"
- - - do __
9, 103
8,839
10, 336
8,469
9,322
8,342
9,863
7,207
6,995
6 809
Refined
do
12, 645
3,899
7,173
3,825
9,718
9,493
7,018
1,767
5,701
5,362
Imports
- do
Cottonseed:
15
1,006
322
24
163
598
1,054
1,587
68
556
Receipts at mills
thous. of short tons
117
545
653
96
72
541
776
688
838
Consumption (crush)
do
199
1,935
142
1,180
1,705
1,881
935
1,515
70
66
Stocks at mills, end of month
_ do
422
Cottonseed cake and meal:
303, 841
253, 208
250, 122
319, 884
48, 437
32, 880
361,949
43, 989
387, 447
Production
short tons
92, 222
55, 430
60, 316
56, 737
94, 795
56, 176
70, 841
72, 854
89, 767
71, 645
Stocks at mills, end of month
_ _ do _
57, 343
Cottonseed oil, crude:
244, 053
206, 005
176, 041
218, 547
38, 305
24, 271
166, 505
257, 819
34, 127
Production
thous of Ib
60 200
184, 843
186, 292
174, 795
152, 672
188, 644
20, 121
90,010
30, 018
22, 329
29 133
Stocks, end of month
do
Cottonseed oil, refined:
164,076
182, 865
186, 793
54, 149
24, 446
96, 085
185,037
35, 473
173,826
40, 499
Production
_ _
_
do
117,870
118, 578
100, 550
122, 100
135, 226
63, 388
64, 121
125,071
63, 465
Consumption factory
do
97 735
35, 623
35, 335
44, 497
19, 644
32, 583
36, 816
35, 858
19, 203
21,210
30, 583
Iri oleomargarine
- do
279, 881 1 336, 814 i 383, 410
102,715
225, 137
226, 997
194, 120
147, 024
154,868
Stocks, end of month
do
98 103
.220
.203
.305
.241
.217
.218
.213
.248
.218
Price, wholesale, drums (N.Y.)*___dol. per lb__
.220
Flaxseed:
2 33, 802
Production (crop estimate)
thous of bu
Oil mills:
2,243
3,484
2,581
2,298
3,022
2,854
2,810
3,700
3,149
Consumption
do
2,943
5,547
5,844
6,831
7,098
6,407
5,565
3,654
5,245
4,429
3,259
Stocks, end of month
do
4.23
4.54
4.50
4.33
3.68
3.42
3.83
4.40
4.16
3.41
Price, wholesale, No. 1 (Minn.)
dol. per bu__
Linseed oil, raw:
44, 020
52, 120
46, 857
74, 079
59, 964
54, 981
70, 002
63, 396
57, 057
Production
thous. of lb_60, 500
41, 734
42, 363
40, 462
46, 173
44, 027
46, 650
60, 826
59, 405
50, 091
52, 352
Consumption, factory
_
-do
659, 688
652, 696
652, 657
634. 748
633, 674
635, 184
638, 785
620, 535
640, 760
623, 490
Stocks at factory, end of month
do
.195
.212
.235
.209
.210
.181
.197
.201
.169
Price, wholesale (N. Y.)
dol. perlb-.159
Soybeans:
2
280, 512
Production (crop estimate)
thous of bu
22, 457
24, 046
23, 036
23, 179
14, 721
18, 797
21, 556
21, 260
17, 842
17, 759
Consumption, factory
do
68,052
50,901
49, 430
58, 356
4,274
61, 848
22, 706
42, 192
Stocks, end of month
_ _ _ _ do __
33, 367
9,715
Soybean oil:
Production:
222, 247
221, 400
224, 834
234, 386
148, 658
214, 799
176, 839
176,357
187, 910
Crude
thous. of lb__ 209, 264
180,626
149, 822
179, 073
130, 391
143, 782
136, 668
120, 792
139, 124
154, 263
163, 260
Refined
__
_ _
_ _ _ _ do_
168, 379
134, 518
147, 351
136, 660
159, 187
116,315
127,916
148, 240
Consumption, factory, refined
do
157, 851
134,597
Stocks, end of month:
121, 135
240, 510
197, 346
164, 529
230, 950
124, 800
116, 683
90, 907
107, 383
107, 993
Crude
do
103,120
75, 261
83, 920
97, 092
79, 870
73, 602
119, 641
85, 230
113, 715
95, 343
Refined
- - -do _
.155
.179
.195
.165
.191
.190
.225
.199
.258
.206
Price, wholesale, edible (N. Y.)
dol. per Ib—
r
Revised.
1 Includes stocks owned by Commodity Credit Corporation.
2 December 1 estimate.
{Revisions for 1950 for production, consumption, and stocks will be shown later.
cf Beginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.




r

349, 058
117,906
329 408

320, 529
114,807
336 724

52, 114
40, 075
100, 536

50 357
37,913
105 411

49, 645
37, 487
111 486

298
9,429
73, 055

5 141
9, 451
68 538

11,060
9, 758
66 640

483
482

430
487

382
441

365, 093
119, 944
325, 955

1.275
589
61, 395
24, 596
2, 563
22. 032

r

1, 202
-•632
49 731
31 , 067
4,389
26, 678

1,122
609

26, 367
20, 923
25, 848

32, 794
11, 952
23, 608

23, 068
11, 267

33, 176
30, 494

41, 626
31,011

29, 564
32, 465

45, 222
26, 727

48, 037
28, 085

48,315
28, 306

81. 387
9,013
3,731

79, 869
8, 961
7,921

67, 285
8,899

55
433
802

22
306
518

14
218
315

201,182
47, 336

146, 191
46, 396

101, 133
57, 870

106, 633
129, 093

72 082
96, 556

136. 955
107, 399
28, 019
i 413. 893
.190

123, 723
106, 108
28, 523
1
432, 135
.180

99, 118
109, 369
28, 784
1
417 885
.180

2,196
4,430
4.16

1,897
3.608
3.93

2,083
3, 440
3.96

45, 707
43, 661
659, 383
.186

38, 953
44, 651
646, 589
.176

41, 647
43, 748
638, 045
.178

21, 540
42, 708

20, 129
32, 307

19, 682
28, 493

218, 381
183, 469
164, 911

204, 138
198, 641
171,062

199, 002
180, 165
171, 244

245, 027
109, 459
.150

224, 072
130, 234
.148

197, 473
126, 720
.144

143, 727
162,209

r

SUEVEY OF CURRENT BUSINESS

S-26

July 1952
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

September

October

November

December

January

February

March

April

May

101, 136
22, 419

100, 709
15, 839

CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, etc. — Continued
Oleomargarine:
Production
thous. of Ib
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern U. S.)*
dol. per Ib
Shortenings and compounds:
Production
thous. of Ib
Stocks, end of month
do

80, 344
17, 959

70, 927
19, 529

69, 436
17,451

86, 286
17, 022

85, 074
16, 461

98,219
19,218

94, 979
17, 704

96, 240
18, 830

114,051
24, 951

128, 145
17, 485

96, 762
21, 655

.342

.326

.299

.291

.290

.290

.290

.289

.289

.259

.259

.253

.249

106,416
151,602

86, 770
140, 550

80, 203
114,434

126, 290
104, 682

109, 636
97,018

136,469
94, 231

131. 721
93, 110

116,509
101, 441

128, 313
94, 405

131,040
91,890

128, 912
89, 120

127, 375
93, 408

138, 692
83, 228

80 796

i 113 445
42 031
71,414

PAINTS, VARNISH, AND LACQUER f
Factory shipments total
Industrial sales
Trade sales

thous of dol
do
do

1

106 386
41 608
64, 778

'110,938 i 125 133
41, 594
44 415
69, 344
80, 718

SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes_ _
. _ thous.
Molding and extrusion materials
Nitrocellulose sheets, rods, and tubes
Other cellulose plastics
Phenolic and other tar acid resins
Polvstyrene
Urea and melamine resins
Vinyl resins §
Alkvd resins §
__
Rosin modifications
Miscellaneous resins §

of Ib
do
do
do

2, 895
6,100
726
1,152

2,892
6,274
749
887

3,062
5,766
508
801

2,699
5,204
645
1,153

2,668
4,440
398
1,050

2,431
4,564
615
919

1,713
3,382
508
796

2,526
2,894
467
507

2,957
4.243
521
734

1,942
4,178
508
792

1,841
4,380
479
784

1,880
4,985
527
683

do
do
do.
do
_ _ do_
do
. _ - do_.

39, 532
27, 236
18,475
39, 734
32, 008
9,433
16, 140

37,112
27,115
17, 046
39, 209
32, 176
6,914
15, 661

33, 671
30, 492
13,823
39, 531
28, 514
6,434
12,523

32, 477
32, 279
16,218
39,111
30, 347
4,601
15,030

33, 054
30, 372
14, 561
39,154
26, 168
5,643
15,447

41, 142
29, 534
16, 179
41,898
27, 394
6,546
16, 146

35, 859
28, 620
14, 343
40, 596
26, 048
6,883
14, 920

28, 970
26, 467
12,961
42, 028
24, 929
6 729
15, 169

31,652
27, 395
16,005
43, 446
28, 616
6 592
15. 860

28, 731
26 518
14, 933
39, 245
28, 014
7,855
13, 163

28, 262
25, 951
' 15,459
39,
208
r
28, 300
7,502
16, 586

24, 131
24, 967
14, 233
36, 074
28, 418
7, 396
17, 122

.

ELECTRIC POWER AND GAS
ELECTRIC POWER t
Production (utility and industrial), total
mil. of kw.-hr. _
Electric utilities, total .
do
Byfuels
.__
_ do_ .
By water power
do
Privately and municipally owned utilities
mil. of kw.-hr__
Other producers
do
Industrial establishments, total
do
Byfuels.
_ __ . . do
By water powerdo
Sales to ultimate customers, total (Edison Electric
Institute)
_
mil. of kw.-hr .
Commercial and industrial:
Small light and power
_ _ _.do
Large light and power
_ do
Railways and railroads
do
Residential or domestic
_
do
Rural (distinct rural rates)
do
Street and highway lighting
__
do
Other public authorities
do
Interdepartmental
_
do
Revenue from sales to ultimate customers (Edison
Electric Institute)..
thous. of doL

35, 136
29, 871
21, 334
8,537

34, 966
29, 840
21,819
8,021

35, 435
30, 392
22,111
8,281

37, 510
32, 326
24, 510
7,816

35, 296
30, 275
23, 239
7,036

37, 775
32, 441
24, 893
7,548

37, 313
32, 095
24,017
8,079

38, 459
33 143
24,011
9 132

39, 710
34 203
24 302
9 901

36, 768
31 536
22, 075
9,461

38, 568
33, 040
22, 597
10, 443

36, 736
31 515
21, 553
9 962

37, 065
31 824
22 132
9 692

25, 852
4,019
5,265
4,836
429

25, 778
4,062
5,126
4,736
390

25, 974
4,418
5,042
4,701
341

27, 638
4,689
5,184
4,861
322

26, 197
4,078
5, 020
4,722
299

28, 224
4,217
5,334
4,993
341

27, 934
4 161
5,217
4,872
345

28, 534
4 609
5 316
4,896
420

29, 006
5 197
5 507
5,042
465

26, 717
4 819
5 232
4,766
466

27,647
5 393
5,529
5,022
506

26, 559
4 956
5 221
4 753
469

26, 910
4 915
5 240
4 745
496

25, 467

25, 709

25, 663

26, 725

26, 777

27,114

27, 481

28, 263

29. 217

28, 708

28, 453

4,482
12,937
465
5,950
707
231
648
47

4,683
13, 098
441
5,812
774
216
637
47

4,875
12, 729
422
5,779
952
223
637
47

5,012
13,493
427
5. 810
1,030
245
669
40

5,030
13. 321
413
6,065
980
269
659
40

4,813
13,919
446
6.186
720
302
686
42

4,861
13, 779
475
6.712
577
325
713
39

4,976
13 704
527
7 447
521
347
699
43

5,124
13 797
523
8 170
503
348
717
35

5 048
13 700
488
7 902
496
318
722
35

4,945
13. 869
504
7,548
544
298
710
35

451, 676

456, 164

457, 799

469, 300

476, 635

477, 724

488, 495

501, 349

522, 258

514. 575

504, 334

GAScf
Manufactured and mixed gas (quarterly) :
Customers end of quarter, total
thousands
Residential (incl. house-heating)
._ do
Industrial and commercial
do
Sales to consumers, total
mil of therms
Residential
__
_
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous. of dol
Residential (incl. house-heating)
_ do
Industrial and commercial
do
Natural gas (quarterly) :
Customers end of quarter, total
thousands
Residential (incl house-heating)
do
Industrial and commercial _ _ _
__ do
Sales to consumers, total
mil. of therms
Residential (incl. house-heating)
do
Industrial and commercial
do
Revenue from sales to consumers, total thous of dol
Residential (incl. house-heating)..
do_
Industrial and commercial.do_ _
r

8,840
8,228
606
817
503
302

8,230
7,667
557
594
315
269

8 044
7,491
549
829
522
290

7 932
7,376
551
1 156
785
353

132, 496
95, 332
36, 057

101, 899
71, 134
29, 906

127,909
92, 138
34 338

165, 655
121,287
42 851

15,697
14, 431
1,249
10, 484
3,009
7, 125
382, 063
205, 054
170, 256

16, 192
14, 923
1,251
8,666
1,257
6,988
269, 807
107,811
154, 061

17 178
15, 782
1,378
11,532
3,728
7,413
452, 637
255, 866
188, 563

17 553
16 101
1 434
14, 861
6 409
8 037
648 863
416,815
222, 670

Revised.
» Preliminary.
i Comparable data for January-April 1951, respectively (thous. dol.): 128,102; 117,025; 132,257; 122,868.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
t Revised series. Data are estimated total factory shipments of finished paint,, vvarnish,
"
and lacquer. ~"
Figures supersede those shown in of the SURVEY prior to the June 1952 issue,
which! did not measure total shipments.
§See note "1" in the February 1952 SURVEY and earlier issues regarding changes in classification and coverage beginning with data for January 1951.
^Unpublished revisions for January-July 1950 for electric-power production will be shown later.
cfAll sales data formerly expressed in cu. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue 1
1932-44 will be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY.




SURVEY OF CURRENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-27
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production
thous. of bbl
Tax-paid withdrawals
.
do _ _
Stocks end of month
do
Distilled spirits:
Production.
- -thous. of tax galConsumption, apparent, for beverage purposes
thous of wine gal
Tax-paid withdrawals
thous. of tax gal .
Stocks, end of month
_ _ _ do_ _
Imports
thous. of proof gal
Whisky:
Production . _. __
thous. of tax gal_.
Tax-paid withdrawals
do
Stocks end of month
do_
Imports
thous. of proof gal_ "Rectified spirits and wines, production, totald*
thous. of proof gal-Whisky
do
Wines and distilling materials:
Sparkling wines:
Production
thous. of wine gal.
Tax-paid withdrawals
do
Stocks end of month
. do
Imports
do
Still wines:
Production
do
Tax-paid withdrawals
_ _ do _
Stocks end of month
do
Imports
- do
Distilling materials produced at wineries. _ _ d o —

8,410
7,703
11, 108

8,959
8,182
11, 344

27, 893
13, 035
7,002
884, 516
1,309

9,009
8,480
11, 383

8,997
8,886
10, 930

7,032
6,995
10, 522

6,841
6,732
10,211

6,142
6,410
9,506

6,284
6,077
9,240

6,967
6,442
9,307

6,601
5,601
9,897

25, 832

18, 774

16, 376

22, 214

34, 768

28, 840

19, 382

17, 026

15, 546

13, 226
7,273
901, 106
1,463

12, 615
7,021
910, 339
1,345

14, 688
8,664
915, 424
1,327

16, 877
11, 252
914, 577
1,766

22, 403
15,671
911,925
2,557

15,958
11,058
917, 249
1,880

19, 427
7,746
925, 197
1,696

12, 038
6,592
932, 563
1,254

12, 459
7,746
936, 386
1,210

15, 912
3,713
742, 589
1,209

13, 273
3,640
751, 233
1,368

9,763
3,686
755, 774
1,243

6,905
5, 002
756, 411
1,219

8,158
6,887
755, 457
1,628

10,322
9,129
755, 041
2,209

10, 831
6 679
756, 521
1,714

10, 463
4 682
760, 803
1,516

9,548
4,095
765, 029
1,129

9,114
4 645
768 047
1, 102

6,066
5,236

5,915
5,243

6,431
5,837

7,843
6, 904

10, 375
9, 501

12,609
11,242

9,518
8,502

7.349
6,516

5,094
4,348

6, 052
5 394

180
82

117
84

1,525

1,550

1,546

1,617

1,585

38

43

72

1,565
8,409
142, 762

1,212
8,207
133, 978

1,036
6,969
127, 386

4,102
8,573
120, 474

467

417

602

259
8,732

29, 039
9,879
139, 168

133, 425
42, 590
.701

142, 305
72, 598
.686

133, 775
104, 405
.675

133, 755
103, 625
197,412
169, 553
2,639

143, 350
113, 520
234, 608
204, 009
2,757

.414

59
56

149
71

67
95

46
133

7,440
6,744
10, 891

7,964
7,381
10, 943

15, 009

14, 166

11,642

14, 449
9, 757
940, 071
1,518

13, 905
8,955
941,185
1,322

7,349
940, 453

8,648
5,536
768, 745
1,401

8,045
4,997
769, 763
1,208

6, 793
4 546
769, 996

7, 060
6,174

6, 935
6,037

7,398
6 461

55
59

201
69
1,458
31

7,328
6,099
10, 662

80
173

118
173

141
76

1, 385

1,316

1,365

41

1,334

98

1,352

27

31

77, 369
11,515
210, 588

39, 076
12, 230
237, 581

1,462
11, 406
199, 133

150, 884

87, 335

2,892
10, 702
222, 652
391
6,654

1 368
10, 627
210 209

73, 107

8,393
10, 877
231, 616
605
25, 981

526

456

120, 185
116, 790
.673

95, 900
113, 501
.682

87, 815
94,611
.707

67, 515
59, 349
.740

69, 945
27, 051
.791

77, 435
13, 874
.803

77, 250
7,879
.845

92,030 'r103, 780
6,505
10, 522
.714
.738

134, 260
30 500
.693

127, 175
101, 505
262, 540
227, 199
2,454

111, 005
86, 855
269, 564
233, 788
7,419

91, 945
69, 965
272, 053
239, 500
3,588

82, 445
59, 005
259, 415
229, 561
3,288

64 750
42 970
232, 968
204, 683
4,095

65 480
43 130
222, 136
194 784
3,863

68 760
45, 810
193, 272
167, 824
4,895

70 540
47 210
166, 040
142 945
3,385

85 735 r 102 450
r 74 410
58 465
155,195 * 158, 949
r
139 705
133 815
3 263
2 832

139 880
106 690
184, 457
163 460

.420

.408

.420

.410

.424

.431

.449

.444

436

429

.423

499

36,000
5,700
388, 500

34, 850
6,200
371, 900

23, 750
4,900
315, 300

20, 475
4 375
264, 000

15, 950
4 200
197, 000

14, 875
4 250
166 500

12 350
4 650
133 500

14 750
6 190
141 700

13 600
6 550
157* 000

14 100
6 025
164 850

18 000
7 400
205 000

20 800
4 500
261 850

8,527
283, 708

8,796
426, 747

7,905
524, 514

7,171
543, 438

5,878
501,412

6,957
448, 008

8,777
357, 311

9 185
225 988

6 585
140, 611

7 3gg
74 505

8 237
76 443

7 299
123 180

3,306
24, 368

5,664
32, 587

2,466
15, 596

3,195
27, 617

2,616
26, 573

1,463
12, 590

1,124
4,277

1,262
6,048

6,856
5,731

3,215
7 025

4,729
5 676

2 301
8 296

10.80
6.16

10.80
6.14

10.80
6.12

10.80
6.09

10.80
6.06

10.80
6.05

10.80
6.08

10.80
6 19

10.80
6 25

10.80
6 34

10.80
6 38

10.80
6 39

10.80
609

12, 164
5,101
5.01

12, 212
5,334
4.98

11 426
4,845
5.05

10, 505
4,268
5.12

9 145
3,407
5.20

8 528
3,060
5.30

7 611
2 378
5.38

7 797
2 477
5.43

8 178
2 706
5.44

8 170
2 731
5.48

9 494
3 292
5.46

10 129
r 3 823
5.33

5.26

15, 650
101, 100

14, 325
108, 400

13, 625
82, 050

9,775
66, 900

7,150
45, 425

6 115
35, 825

4 125
25 930

5 955
35 400

7 325
45' 250

6 900
50 345

9 000
67 900

9 860
82 300

122 300

19, 181
76, 457

22, 240
110, 408

24, 130
128,615

26, 325
125, 340

25 511
109, 868

23 288
82,219

19 612
56, 548

17 917
42, 265

16 765
29, 677

14 625
24, 327

13 343
34] 566

14 558
54, 691

108, 457

5,348
9,421

6,301
20, 927

5,369
24, 195

4,449
4,196

2,835
2,675

3,836
2,139

5 598
2,994

4 932
2,508

3 663
1,639

3 494
7,908

5 371
4^305

2 499
4,415

.145

.146

.147

.147

.149

.147

.150

.151

.152

.156

.159

.163

36

398

50

363

33

260

269

1,484

424

115

538

59
56

292

416

1,644
10,453
189, 089
427
685

DAIRY PRODUCTS
Butter, creamery:
Production (factory) J
thous. of l b _ _
Stocks, cold storage, end of month
do ..
Price, wholesale, 92-score (New York) dol. perlb..
Cheese:
Production (factory) totalt
thous of Ib
\merican whole milk t
do
Stocks, cold storage, end of month, total. . -do
American whole milk
do
Imports
do
Price, wholesale, American, single daisies (Chicago)
dol. perlb. _
Condensed and evaporated milk:
Production: J
Condensed (sweetened):
Bulk goods
thous. of lb_
Case goods O
do
Evaporated (unsweetened), case goods do.
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of Ib
Evaporated (unsweetened)
_ _ _ ._ . do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened).do._Prices, wholesale, U. S. average:
Condensed (sweetened)
dol. per case..
Evaporated (unsweetened)
do
Fluid milk:
Production J
mil. of Ib
Utilization in mfd. dairy products
do_
Price, dealers', standard grade
dol. per 100 lb_.
Dry milk:
Production: t
Dry whole milk
thous. of Ib
Nonfat dry milk solids (human food) - do
Stocks, manufacturers', end of month:
Dry whole milk
do
Nonfat dry milk solids (human food)
do
Exports:
D r y whole milk . . _ _ _ _ _ _
_.
_-do
Nonfat dry milk solids (human food)
do
Price, wholesale, nonfat dry milk solids (human
food), U. S. average
_
-dol. perlb--

34 100
Qfi«

-I ()(\

8 195

ooc of>9

.163

FRUITS AND VEGETABLES
Apples:
Production (crop estimate)-. _ _ thous. of bu__
i 112 935
694
1,703
254
206
9 449
•r -I AXf) "~
rioo"
Shipments, carlot _ _ _ _ _ _ _ no. of carloads. 4 163
1,127
3 637
2 856
2 047
2 008
r
2,844
680
Stocks, cold storage, end of month. _ -thous. of bu_294
293
7,684
28, 375
28,000
22, 113
16, 014
5, 983
10, 753
2, 894
1,026
12, 691
10, 459
Citrus fruits, carlot shipments
no. of carloads. 7,553
7,195
6,332
6,201
7,727
11, 839
11, 548
10, 472
11,397 ' 11, 218
12, 590
Frozen fruits, stocks, cold storage, end of month
531, 090
thous. oflb-_ 418, 666
573, 708
610, 299
599, 766
571, 229
489, 932
496, 386
465, 137
471, 101
466, 735 " 475, 636
539,
278
Frozen vegetables, stocks, cold storage, end of
270, 206
290, 321
month
.
thous. of lb_
445, 724
369,311
554, 175
515, 766
592 076
498 340
444 409
398 699
348 023 r 01 o 7(-»o
Potatoes, white:
Production (crop estimate)
thous. of bu_.
i 325 708
21, 178
Shipments, carlot _
no. of carloads..
22, 596
12, 931
12, 373
11, 589
99 04*?
94 1 *}ft
18 289
19 079
16 378
18 556
12, 857
Price, wholesale, U. S. No. 1 (New York)
4.056
3.733
dol. per 100 lb_.
3.008
3.436
4.171
3.865
4.736
5.540
6.875
6.660
6.025
5.820
5.570
Revised.
i December 1 estimate,
c? Figures beginning July 1951 exclude production of wines and vermouth; for July 1950-June 1951, such production totaled 99 000 gallons
{Revisions prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for condensed and evaporated
milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later.
ucu&eu ami evdporacea
©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.




SURVEY OF CURRENT BUSINESS

S-28
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952
1952

1951

May

June

July

August

September

October

November

Decem
ber

January

F

U

^
dry"

March

April

May

FOODSTUFFS AND TOBACCO— Continued
GRAINS AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous of bu
Barley:
Production (crop estimate)
do
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial
.
do_
On farms
do
Exports including malt
do
Prices, wholesale (Minneapolis):
No. 2, malting
dol. per bu__
No. 3, straight
do
Corn:
Production (crop estimate)
Grindings, wet process
Receipts, principal markets
Stocks, domestic, end of month:
Commercial
On farms
Exports, including meal
Prices, wholesale:
No. 3, white (Chicago)
No. 3, yellow (Chicago)
Weighted average, 5 markets, all

62, 034

54, 519

41, 663

51, 689

48, 585

47, 647

40, 444

6,822

6,819

7,204

22, 135

12, 411

10, 200

11,518

24, 585

23, 361

26, 353

26, 779

5,266

2,548

28, 254
171.419
4,056

27, 704

2,582

24, 285
40, 196
3,137

1,554

1.517
1.365

1.388
1.261

1.283
1.193

1.368
1.264

1.434
1.292

1.542
1.389

10, 860
21, 914

10, 769
21, 155

9,604
21, 759

10, 147
23, 800

9,289
21, 578

do__
mil of bu
thous of bu

50, 939

42, 570
801.3
6,985

35, 379

32, 559

8,895

6,568

6,015

dol. per bu_.
do
grades. _do

1.870
1.774
1.688

(2)
1. 721
1.617

(2)
1.764
1.667

10, 137

7,923

14, 971

mil. of bu
thous. of bu
do

Oats:
Production (crop estimate)
mil of bu
Receipts, principal markets
thous. of bu_Stocks, domestic, end of month:
Commercial
do
On farms
do
Exports, including oatmeal
do
Price, wholesale, No. 3, white (Chicago)..dol. per bu_ _
Rice:
Production (crop estimate)
thous of bu
California:
Receipts, domestic, rough
thous. of lb._
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
_ _ thous. of Ib
Southern States (Ark., La., Tenn., Tex.):
Receipts, rough, at mills
_ thous. of Ib
Shipments from mills, milled rice
_ _ do..
Stocks, domestic, rough and cleaned (cleaned
basis) end of month
thous of Ib
Exports
do
Price, wholesale, head, clean (N. O.).-dol. perlb.-

Wheat:
Production (crop estimate) total
mil of bu
Spring wheat
do
"Winter wheat
do
Receipts, principal markets
thous. of bu_
Disappearance domestic
do
Stocks, end of month:
Canada (Canadian wheat)
do
United States domestic total^
do
Commercial
- do__
Interior mills, elevators, and warehouses
thous of bu
Merchant mills
do
On farms
do
Exports, total, including
flour
do
Wheat only
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per b u _ _
No. 2, hard winter (Kansas City)
do
No. 2, red winter (St. Louis)
do..
Weighted avg., 6 markets, all grades
do

254 668
8, 039

54, 260

54 557

69, 006

50, 508

9,710

9,481

7,787

7,194

7,909

22, 042

21,005

14, 646

930

3 903

19, 160
78, 131
4,024

16, 385

1,385

25, 483
124, 287
2 995

1.652
1.481

1. 593
1.440

1.638
1 471

1.549
1 407

1.492
1.331

1.423
1. 308

1.350
1.234

10, 424
24, 565

10, 774
33, 948

l 2, 941
9,238
34, 498

10. 858
44, 823

10, 002
32, 248

10, 486
27, 248

10, 745
18, 316

10, 487
17, 358

32, 785
312 9
4,188

38, 497

47, 299

63, 788

40, 741

8,197

4 521

61,84§
1 067 8
10, 437

50, 173

6,158

51, 394
1,919.3
10, 165

58, 785

5,161

1.854
1.794
1.705

1.795
1.801
1.712

1.798
1.782
1.709

1.762
1.828
1.680

(2)
1.926
1. 699

(2)
1.913
1.597

1.998
1 802
1.587

r2)

1.847
1.637

1.868
1.818
1.731

(2)
1.842
1. 756

9,930

23, 302

15, 684

7,503

9,224

* 1,316
9,450

17, 798

27, 449

31,507

269
.794

227
.817

33, 213
1, 103, 455
543
.856

28, 173

440
.931

14, 889
257, 920
891
.865

149
.918

504
1.071

54, 961
30, 167

62, 332
30, 734

88, 472
58, 385

42, 350
73, 389

31, 647
18, 109

190, 887
44,418

94, 417
77, 966

26, 931
841,889
254
1.045
1

2,305

7 532

6,420

5,826

6,805

6,602

11,715

21, 186

17, 065

9,057

12. 046

208
.992

503
.912

11, 785
516 603
778
.931

215
.887

.908

120, 540
80, 214

131,132
129,926

120, 622
73, 485

50, 534
65, 063

65, 414
35, 882

97, 344
89, 767
76, 982

56, 873

65,013

63, 302

20,372

23, 127

102, 340

90, 071

77, 352

76, 825

42, 642

54, 187

25, 175

32, 838

15, 751
73, 562

26, 529
99, 562

28, 261
140, 267

292, 259
153, 069

551, 420
191, 062

980, 355
295, 248

330, 758
186, 612

199, 749
177, 402

209, 432
158, 633

125, 522
125, 513

129, 682
181, 874

187, 253
217, 515

134, 497
277, 223

356, 857
13,024
.105

279, 413
13, 259
.104

162,622
127, 364
.104

215,451
111,588
.091

383, 344
133, 772
.083

697, 198
157, 879
.090

719, 664
191, 466
.094

676, 066
87, 408
.096

642, 963
89, 502
.100

598, 059
193, 280
.105

511, 299
97, 255
.105

442, 860
129,517
.105

285, 248

741
6,136
2.036

636
5,844
1.915

864
5,321
2.027

48Q
2,825
1.945

3 16 974
1,163
1,995
1.928

26, 284

29, 072

24, 341
342 438

22, 191

3 1,060.3
23, 598

216, 427

213, 163

208, 850

144, 640

206, 068
520 869
124, 865

202, 564

163, 161

101, 851

88, 954

39 403
35 799

2.503
2.492
2.440
2.414

Rye:
Receipts, principal marketst .-do
Stocks, commercial, domestic, end of month-do
Price, wholesale, No. 2 (Minn.)
dol. per bu._

48, 231
1

1

1,031
2,733
1.883

901
2,006
1.834

53, 853

31,013
325, 694

166, 795
177, 369

167. 086
396, 204
157, 848

47, 677
42, 673

89, 129
73, 587
72, 638
42, 306
39, 706

2.537
2.384
2.305
2.421

2.448
2.343
2.191
2.348

1,800
2,423
1.790

65, 841

5,995
5,129
1.642

2,330
6,183
1.659

806
6,217
1.933

1,381
6,471
1.817

21,395
1,267
6,344
2.051

i1 987. 5
342. 0
1
645. 5
32, 396
281, 330

47, 284

35. 730

223, 849

209, 143

224, 941

202, 464

218, 333
856, 807
199. 947

39, 600
35, 186

201,979
113,007
339, 336
34, 818
r
29, 395

44,918
41,315

46, 435
41, 794

111 837
80 630
201 500
53, 427
49 049

2.597
2.540
2.565
2.472

2. 568
2.541
2.625
2.488

2.546
2.519
2.555
2.471

2.505
2.492
2. 547
2.422

2.540
2.496
2.492
2.436

66, 140

60, 975
262, 813

160, 577

143, 643

211, 870

233, 527

164, 425
1,128,018
238, 443

29, 220
27, 458

42, 819
38, 500

272, 960
131, 963
480, 862
39, 797
35, 439

33, 576
30, 140

2.475
2.307
2.213
2.313

2.464
2.330
2.287
2.339

2.442
2.383
2.402
2.341

2.517
2.452
2.488
2.404

T

.105

2. 485
2.446
(2)
2,405

Wheat flour:
Production:
17,091
18, 529
19,653
18, 026
18, 795
21,055
18, 386
21,212
18, 519
19, 876
Flour
_thous. of sacks (100 lb.)._
17, 920
7,599
18, 065
72.9
75.4
76.3
88.5
76.5
88.2
82.0
79.1
84.4
86.4
Operations, percent of capacity
76.5
75.3
73 6
342, 902
368, 285
395, 893
364, 193
377, 944
456, 496
403, 215 375, 647
429, 296
376, 000
364, 000
353, 000
Offal
short tons
363 000
39, 987
43, 049
45, 928
49, 342
43, 789
42, 156
43, 333
49, 683
46, 684
43, 337
Grindings of wheat
._ thous. of bu
42, 025
41, 096
42 217
Stocks held by mills, end of month
4,494
4,701
4,712
thous of sacks (100 Ib )
5 033
1,116
1,854
1,870
1,475
2,148
756
1,895
2.328
1,546
1,992
Exports
do
1,879
1 547
Prices, wholesale:
Spring, short patents (Minneapolis)*
6.144
6.013
5.894
6.010
6.019
5.885
6.044
dol. per sack (lOOlb.)..
6.138
5.935
5.865
5.720
5.675
5.585
5.744
5.660
5.713
5.725
5.690
5.713
Winter, hard, short patents (Kansas City)*.do.._
5.850
5.710
5.600
5.575
5.650
5.600
5.500
l
2
3
•• Revised.
December 1 estimate.
No quotation.
June 1 estimate.
fRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, se<
note marked "f" on p. S-28 of the October 1951 SURVEY.
c?The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
*New series. Data prior to February 1951 will be shown later.




SURVEY OF CURRENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-29
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected) :
Calves
thous of animals
Cattle
_
_
do_Receipts, principal markets
do
Shipments feeder, to 8 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 1001b__
Steers, stocker and feeder (Kansas City) .do
Calves, vealers (Chicago)
do
Hogs:
Slaughter (Federally inspected)
thous. of animals. .
Receipts, principal markets.
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb__
Hog-corn ratio
bu. of corn equal in value to 100 lb. of live hog_.
Sheep and lambs:
Slaughter (Federally inspected)
thous. of animals..
Receipts, principal markets
do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb
Lambs, feeder, good and choice (Omaha). .do

1,555
124

414
986

406
787
1,345
111

408
920
1.754
173

422
1,064
2,066
293

373
956
2,307
515

500
1,140
2,928
893

457
1,122
2,063
460

344
998
1,533
200

382
1,096
1,648
133

343
985
1,481
158

397
927
1,473
143

405
938
1,581
128

388
1,009
1,593
155

35.71
34.29
37.25

35.68
32.83
38.31

35.75
31.61
37.40

36.39
32.59
36.75

36.99
31.90
36.25

36.75
31.97
37.10

36.29
31.63
36.00

34.59
30.45
36.00

34.25
31.19
36.50

33.78
32.06
37.00

33.41
31.99
38.50

33.39
31.32
37.00

33.29
32.06
36.75

4,952
3,080

4,700
2,856

3,826
2,630

4,236
2,765

4,398
2,743

5,651
3,460

6,531
4,098

6,912
4,174

6,835
4,373

5,779
3,626

5,776
3,561

5,281
3,163

4,482
2,800

20.77

21.07

20.36

20.35

19.62

20.09

18.30

17.74

17.42

17.07

16.56

16.58

19.61

12.4

13.0

12.8

12.8

11.9

12.4

11.1

10.4

10.4

10.4

10.1

9.8

11.8

657
956
258

811
964
164

863
1,076
168

889
1,310
492

827
1,821
703

1,084
2,152
822

922
1,157
305

810
946
119

1,042
1,150
123

990
971
109

971
988
119

941
1,068
131

939
1,070
141

35.50
0)

35.00
0)

31.75
0)

31.50
31.34

31.25
32.64

31.00
32.00

31.00
31.31

30.75
30.50

30.25
0)

28.00
0)

26.88
0)

28.88
0)

28.12

1,537
908
79

1,442
847
81

1,387
748
84

1,488
640
62

1,374
550
56

1,668
531
44

1,841
728
87

1,866
966
108

1,977
1,146
113

1,715
1,264
115

1,656
1,313
94

1,557
r 1, 320

1,476
1,191

595, 451
106, 463
385

483, 836
96, 041
348

556, 897
94,900
472

617, 158
101, 377
769

553, 317
102, 301
2,643

648,917
135, 560
892

645, 256
198, 647
2,189

585, 399
234, 679
850

656, 307
256, 247
660

593, 420
265, 700
1,006

MEATS
Total meats (including lard) :
Production (inspected slaughter)
mil. of lb__
Stocks, cold storage, end of month
_ do
Exports
do
Beef and veal:
Production (inspected slaughter)
thous. of lb__
Stocks, cold storage, end of month
do
Exports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per Ib_.
Lamb and mutton:
Production (inspected slaughter)
thous. of lb_.
Stocks, cold storage, end of month
do
Pork, including lard, production (inspected
slaughter)
thous. of lb_.
Pork, excluding lard:
Production (inspected slaughter). __
.do
Stocks, cold storage, end of month
do
Exports
do
Prices, wholesale:
Hams, smoked, composite...
dol. perlb..
Fresh loins, 8-12 lb. average (New York)__do
Lard:
Production (inspected slaughter)
thous. of lb_.
Stocks, cold storage, end of month
do
Exports
do
Price, wholesale, refined (Chicago) ...dol. per lb__

65

557, 237
566, 992
267, 437 ' 252, 350
1,116
892

610, 297
214, 128

.583

.578

.576

.578

.594

.601

.599

.579

.571

.562

.560

31, 457
5,862

35,892
5,235

38,061
6,211

39, 369
6,407

36, 652
7,227

47,490
9,767

42,803
12,536

37, 915
13, 720

50,536
13,840

48,986
13, 532

48,201
14, 896

45, 703
' 13, 067

45, 306
14, 556

910,332

922, 354

791, 554

831, 556

784,336

971, 381 1,153,267 1,242,339 1, 269, 791 1,072,252 1,050,706

944, 623

820, 518

665, 162
616, 231
4,488

672, 784
572, 372
6,113

576, 759
496, 171
5,851

614, 815
401, 573
5,833

579, 276
325, 959
5,753

718, 673
276, 255
8,899

850, 917
381, 870
7,484

905,863
548, 604
11, 257

931, 607
704, 992
10, 337

771,472
793, 870
7,675

.568
.474

.574
.488

.573
.488

.574
.544

.568
.559

.574
.557

.549
.460

.544
.427

.546
.433

.527
.424

.526
.448

.531
.430

.531
.550

179, 686
68, 639
68, 083
.198

182, 936
68, 754
67, 886
.200

157, 111
46,820
72, 030
.198

158, 700
34, 702
48, 398
.198

149, 769
28,372
41, 753
.208

184, 705
31, 344
29, 808
.209

221,097
39,229
70,076
.180

246, 363
53, 614
88,194
.190

248,037
49,284
96, 445
!l75

220,934
53, 816
100, 339
.175

213, 346
70, 803
79, 627
.153

191, 803
88, 786
51, 552
.145

165,818
107, 105

43, 097
125, 359
.350

52,380
112, 369
.308

42,360
106, 692
.289

46, 157
121, 493
.288

63, 264
166, 242
.276

77,471
259, 920
.261

87, 278
309, 943
.248

76, 887
302, 151
.284

35, 651
300,000
.275

35,067
270, 397
.295

42, 273
41, 462
232, 832 «• 194, 965
.295
.258

58, 058
184, 238
.225

' 5, 881
3,602

'5,060
2,652

'4,543
668

'4,112
498

'3,943
468

'4,240
370

'4,345
357

' 4, 793
429

5,408
894

5,715
1,681

6,441
2,325

2,083
162, 659

2,427
189, 980

2,270
190,818

1,615
176, 273

958
151, 293

527
121, 592

230
95, 143

141
67,200

238
53,055

942
60,576

1,596
84,295

.478

.517

.514

.595

.630

.669

.664

.496

.398

.364

.382

.564

.559

759, 957
682, 678 594, 319
822,006 ' 823, 741 724, 724
8,512
7,997

.145

POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of lb__
Stocks, cold storage, end of month
do
Price, wholesale, live fowls (Chicago) § dol. per lb. .
Eggs:
Production, farm
millions
Dried egg production
thous. of lb
Stocks, cold storage, end of month:
Shell
thous of cases
Frozen
thous. oflb__
Price, wholesale, extras, large (Chicago)
dol. perdoz..

r

' 6, 191
2,220

5,983
2,037

' 2, 184
111, 185

3,158
145, 489

.396

.359

MISCELLANEOUS FOOD PRODUCTS
54, 385
113,945 113, 842
71, 824
78, 125
100, 170
97, 030
59,000
84,067
60,411
74,423
89, 249
Confectionery, manufacturers' sales*. -thous. of dol.. '63,491
Cocoa:
15,636
6,090
16, 747
23, 235
9,622
15, 555
29, 857 r 24, 020
32, 373
23, 778
32, 672
27,023
Imports
long tons
.341
.351
.355
.321
.383
.295
.326
.384
.383
.331
.358
.384
.381
Price, wholesale, Accra (New York)__dol. per lb_.
Coffee:
985
1,482
1,792
1,281
1,419
1,609
837
1,725
1,331
1,521
1,604
1,015
Clearances from Brazil, total
thous. of bags..
953
521
572
962
1,089
888
1,008
945
871
758
899
847
To United States
do
566
626
551
736
591
754
690
619
562
689
955
966
658
850
Visible supply, United States*
do
756
'1,295
1,253
1,742
2,048
1,217
1,882
1,999
2,292
2,042
1,325
1,485
Imports
do
1,707
Price, wholesale, Santos, No. 4 (New York)
.532
.545
.543
.541
.550
.544
.536
.536
.543
.548
.535
dol. per Ib..
.550
.532
Fish:
54,520
70, 310
50, 468
68, 613
69, 618
38, 843
25, 946
37,963
Landings, fresh fish, 5 ports
thous. of Ib
67,200
23,139
29,224
57, 440
179. 135
105. 944
146.891 161. 628
171. 924
Stock, cold storage, end of month
do
127. 351
166, 100
168, 792
125. 704
113. 544
113. 996
123. 762
148. 113
l
' Revised.
No quotation.
§ Series revised to represent quotations for heavy type.
*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate products. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location.
JFor revised data for July 1949-October 1950, see note marked "t" on p. S-29 of the January 1952 SURVEY.




SUKVEY OF CURRENT BUSINESS

S-30
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1052
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons..
United States:
Deliveries and supply (raw basis) :
Production and receipts:
Production
short tons.
Entries from off-shore
_
do
Hawaii and Puerto Rico
do

3,838

3,137

2,573

1,977

1,602

952

577

427

718

1,883

3,033

4,033

4,423

18, 463
563, 138
260, Oil

47, 954
620, 832
284, 460

31, 386
594, 611
228, 452

27, 762
542, 615
195, 252

98, 067
396, 322
111,020

464, 289
444, 726
92, 575

627, 848
314, 637
102, 389

472, 810
164,866
155, 925

84, 442
364, 959
72, 083

32, 439
293, 390
40, 217

24,680
692, 525
221, 145

29,006
596, 991
180, 047

18, 150
673, 682
200, 747

Deliveries, total
- do ._ 1, 106, 235
1,094,300
For domestic consumption
_- do
11, 935
For export
do
Stocks, raw and refined", end of month
1,285
thous. of short tons..
21,079
Exports, refined sugar
short tons._
Imports:
285, 133
Raw sugar, total
do
175, 481
From Cuba
do
109, 643
From Philippine Islands
do

824, 919
821,213
3,706

519, 795
511,268
8,527

676, 096
670, 503
5,593

646, 163
643, 958
2,205

678, 741
676, 573
2,168

546, 529
544, 224
2,305

556, 802
536, 614
20,188

581, 376
578, 699
2,677

544, 553
542, 900
1,653

862, 480
860, 405
2,075

612, 641
608, 995
3,646

596 990
195, 062
1 928

1,090
25, 412

1,217
10, 656

1,121
3,399

958
2,011

1,169
1,470

1,540
1,005

1, 756
18,264

1,613
867

1,473
1,122

1,241
11, 522

1,283
25, 423

1,400

271, 882
174, 534
97, 342

314, 392
230, 304
79, 723

311, 704
246, 113
54, 807

252, 570
212, 522
40, 041

242, 519
226, 799
11,984

236, 919
226, 225
10, 691

75,340
74, 217
1,120

248, 724
223,704
25,017

275. 173
232 234
42, 938

398, 577
307,151
91,394

344, 860
281, 355
62,886

36, 834
36, 534

29, 310
29, 168

35, 197
35, 197

32, 735
32, 728

28,013
28,013

45, 251
45, 251

4,926
4,424

1
0

10,221
10,220

22,073
21, 873

27, 245
26, 895

52, 053
51, 403

Refined sugar, total
From Cuba
Price (New York):
Raw, wholesale
Refined:
Retail
Wholesale
Tea, imports

_

do
do ..

dol. per lb_.

.063

.066

.063

.060

.060

.059

.060

.058

.058

.059

'.063

.062

.062

- dol. per51b__
dol. per lb_.
thous. of lb_.

.480
.082
7,208

.482
.084
5,704

.492
.086
7,173

.497
.084
7,152

.496
.083
5,836

.486
.081
4,945

.482
.081
5,624

.482
.081
6,713

.483
.081
7,769

.480
.080
6,659

.476
.080
9,855

.489
.085
8,798

.492
.085

TOBACCO
Leaf:
Production (crop estimate)
mil. oflb
Stocks, dealers' and manufacturers', end of quarter total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil. of Ib
Foreign grown:
Cigar leaf
- do
Cigarette tobacco
do
Exports, including scrap and stems___thous. of lb_Imports, including scrap and stems
do

1

25, 718
8,733

Manufactured products:
20,145
Production, manufactured tobacco, total. . .do
7,541
Chewing, plug, and twist
do
9,103
Smoking
-do
3,501
Snuff
do
Consumption (withdrawals):
Cigarettes (small):
3,996
Tax-free
millions. .
32, 776
Tax-paid
.
do
478, 693
Cigars (large) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
19, 272
thous. of lb._
1,401
Exports cigarettes
millions
Price, wholesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination*
3.969
dol. per thous..

2, 282

3,573

3,760

4,271

404

373

350

400

2,973

3,203

3,732

3,648

4,244

17
180
26, 794
7,832

24,068
8,018

48, 266
9,813

17
166
74, 746
8,503

87, 519
13, 702

60,337
10, 303

18
170
60,623
5, 734

33, 489
8,572

29, 752
8,860

19
176
25, 891
7,466

18, 126
7,685

19, 581
7,475
8,897
3,209

15,777
6,708
6.819
2,250

21, 665
8,240
9,741
3,684

19, 777
7,049
9,669
3,060

18,292
7,120
8,017
3,154

20,624
7,853
9,243
3,528

14,958
5,739
6,018
3,201

19,884
7,516
8,619
3,749

18, 553
7 253
7,826
3 473

17,912
6 705
7,729
3 478

18, 048
6 898
7 852
3 298

18, 892
7 328
8 456
3 109

3,463
32, 474
502, 592

2,444
29, 739
421, 758

3,499
35, 601
533, 739

2,773
30, 800
490, 938

3,416
37, 477
590, 616

3,708
33,994
554, 341

3, 508
23,847
367, 906

4,141
37, 598
494, 556

2,974
29 308
446 560

3,107
29 878
478 101

2,889
31 774
491 964

3 348
32 920
496 512

19, 091
1,404

15,806
1,140

21, 551
1,704

19,486
1,443

14, 374
i,208

24,005
1,742

14,353
1,443

19,450
1, 517

18,490
1 215

16, 759
1 566

18,076
941

18, 331

3.969

3.969

3.969

3.969

3.969

3.944

4.027

4.027

4.027

4.027

4.027

4.027

r

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinsj
thous. of lb._
Calf and kip skins
thous. of pieces. _
Cattle hidest
do
Goatskins t
do ..
Sheep and lamb skins.,.
do
Prices, wholesale (Chicago) :
Calfskins, packer, heavy, 9^/15 lbs.*___dol. per lb_.
Hides, steer, heavy, native, over 53 lbs.*...do

22, 301
285
280
3,616
1,655

23,864
195
325
2, 755
1,949

30, 220
355
437
3,137
1,423

30, 707
136
416
2,819
2,632

25, 953
78
187
1,931
5,753

21, 212
105
202
1,814
2,358

13, 057
78
158
1,821
925

11, 426
110
116
1 864
1,133

12, 972
81
186
2 367
668

10, 717
26
109
1 622
880

10, 388
27
74
1 770
1,998

16,447
169
128
1 812
3 228

.800
.330

.800
.330

.650
.330

.557
.308

.486
.323

.475
.310

.399
.216

.379
.188

.400
.140

.375
.133

.325
.128

.275
.103

717
1 880
2 614
2,047

805
1 862
2 513
2,279

732
1 753
2 430
2,081

792
1 780
2 437
2,102

8
43
1,549

27
113
1,925

60
76
2,482

16
49
2,587

.600

*.525

.787

».842

.842

.835

LEATHER
Production:t
571
457
Calf and kip
thous. of skins.617
557
605
490
567
601
1,880
1,535
Cattlehide
thous. of hides..
1,957
1,886
1,861
1,646
1,750
1,555
2,475
2,045
2,926
2,629
Goat and kid
thous. of skins. .
1,842
2,019
1,847
2 066
1,838
1,473
1,872
1,476
Sheep and lamb.
..do
1,672
2,137
2,159
1,881
Exports:
Sole leather:
56
32
83
Bends, backs, and sides
thous. of lb_7
18
3
18
17
14
48
86
Offal, including belting offal
do
10
7
17
89
82
Upper leather
thous. of sq. ft_.
1,368
1,577
1,833
2,312
1,706
1,118
2,621
2,321
Prices, wholesale:
.880
.856
Sole, bends, heavy, f. o. b. tannery*. __dol. per lb_.
.776
.776
.700
.660
.630
Chrome calf, black, B and C grades, f. o. b. tan1.022
1.150
nery*.
dol. per sq. ft..
.955
.955
.906
.807
.808
r
1
2
Revised.
December 1 estimate.
Specification changed; earlier data not strictly comparable.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics; data prior to February 1951 will be shown later.
tRevisions for 1950 are shown in corresponding note in the October 1951 issue of the SURVEY.
{Revisions for January-March 1952, respectively: Calf and kip (thous. of skins)—867; 919; 902; cattle hide (thous. of hides)—2,297; 2,200;
3,442; sheep and lamb (thous. of skins)—2,834; 2,700; 2,494.




2,220; goat and kid (thous of skins)—3,509; 3,202;

SURVEY OF CURRENT BUSINESS

July 1952

1951

Unices otherwise stated, statistics through
1951 Statistical Supplement to the Survey

S-31

May

June

July

August

1952

September

October

November

December

January

February

March

April

May

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: t
Production, total
_ _ _ .-thous. of pairs ...
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs
By types of uppers: cf
All leather
do
Part leather and nonleather
do
By kinds:
Men's
do
Youths' and boys'
do
Women's
do
Masses' and children's
do
Infants' and babies'
do
Slippers for housewear
do
Athletic
do
Other footwear
_ _
do
Exports!
do
Prices, wholesale, f. o. b. factory:*
Men's and boys' oxfords, dress, cattle hide
upper Goodyear welt
dol. per pair
Women's oxfords (nurses'), side upper, Goodyear welt
dol. per pair
Women's and misses' pumps, suede split do

38, 303

37, 578

32, 530

43, 234

36, 130

38, 783

34, 884

32, 227

41, 306

42, 518

43, 967

43, 082

34, 152

33, 429

28, 465

37, 532

30, 844

32, 822

29, 462

28, 794

38 290

39, 133

40, 142

38, 879

29, 480
3,988

28, 905
3,877

25, 020
2,909

32, 796
3,839

26, 862
3, 105

29 450
3 372

26 262
3 200

25 511
3,283

33 694
4 596

34 081
5 052

34 408
5 734

32 658
6 221

9,744
1,201
15, 934
4,282
2,991
3,566

9,245
1,284
15, 844
4,365
2,691
3,612

211
326
247

6,898
1 132
15,057
3 366
2,012
3,609
152
304
197

9,156
1 468
19, 862
4 480
2,566
5,091

7,969
1 258
15, 580
3 800
2 237
4,660

8 755
1 319
15 713
4 321
2 714
5,395

7 739
1 097
13 711
4 290
2 625
4 930

7 023
1 068
13 740
4 356
2 607
3, 032

8 613
1 369
20 363
5 292
3 242
3,647

216
289
219

233
301
321

8 531
1 374
21 191
5 785
3 261
3 277

176
225
302

577
263
676
623
151
511

8 541
1 371
20 365
5 667
3 189
2 851

180
312
359

8
1
19
5
3
2

5.577

5.550

5.467

5.053
3.967

5.037
3.967

5. 037
3. 967

255
330
307

198
413
289

1

189
437
283

205
361
229

223
325
400

216
340
386

5. 760

5 760

5 623

5 586

5 523

§ 523

5 523

5. 523

5.311

5.037
3.933

5 037
3 933

4 g36
3 933

4 711
3 933

4 678
3 890

4 678
3 801

4 861
3 767

4 861

4 678

45 777
142 814

92 918
168, 582

69 868
203, 218

75 651
190, 425

3 031
722
2,309
3 024
696
2 328

3 197
660
2, 537
3 251
660
2 591

3,064
651
2.413
3, 031
651
2, 380

LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
Exports, total sawmill products
_ M bd ft
Imports, total sawmill products _
do__ _
National Lumber Manufacturers Association:
Production total
mil bd ft
Hardwoods
do
Softwoods
do
Shipments, total
do
Hardwoods
do_ _ _
Softwoods
do
Stocks, gross (mill and concentration yards), end
of month, total
mil bd. ft
Hardwoods
- - do
Softwoods
do
SOFTWOODS
Douglas fir:
Orders new
-- do
Orders, unfilled, end of month _ _
.-do
Production
do
Shipments
do
Stocks, gross, mill, end of month
_.do
Exports, total sawmill products
M bd. ft..
Sawed timber
do_ .
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, No. 1 common, 2" x 4", R. L.
dol. per M bd. ft._
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per M bd. ft_.
Southern pine:
Orders new
mil bd ft
Orders, unfilled, end of month
do
Production
__ _
do
Shipments
do
Stocks, gross (mill and concentration yards), end
of month
mil bd ft
Exports, total sawmill products _ _ _.M bd. ft
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale, composite:
Boards, No. 2 and better, \" x 6" x R. L.*
dol. per M bd. ft_.
Flooring, B and better, F. G., 1" x 4" x S/L*
dol. per M bd. ft..
Western pine:
Orders, new
mil bd ft
Orders, unfilled, end of month.. _
do
Production
_
._
do
Shipments
do
Stocks, gross, mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3 common, 1" x 8"
dol. per M bd. ft

83, 538
213, 085

93, 155
204, 938

96, 239
221, 873

102, 367
220, 111

76, 745
206, 518

3,793
806
2,987
3,474
692
2,782

3,660
837
2,823
3,171
632
2,539

3,147

3 584

3 200

2,817
3,231

594
2,637

746
2,454
2,937
574
2,363

6,584
2,321
4,263

7,111
2,526
4,585

7,543
2,720
4,823

7,870
2,893
4,977

966
889

742
704
954
882

737
644
708
656

867
509
987
926

717
48, 761
12, 010
36, 751

795
38, 259
11, 744
26, 515

1,045
1,012
607
43, 359
13,792
29, 567

767
2,380
2,741
572
2,169

767

830
53, 980
12, 453
41, 527

106, 072
232, 368
3 514
' 741
2 773
3 412

2

81 223
213, 655

80 413
160 885

3 210

2 632

2 797

1,987
2,541

2 186
3 021

1,941

2 402

2 870
675
2,195
2 950
681
2 269

645

2 757

686
2,524
3 163
690
2 473

8, 132
3,065
5,067

8 193
3 152
5 041

8 240
3,148
5 092

8 364
3, 193
5 171

8 311
3 186
5 125

8 232
3 180
5 052

8 211
3 179
5 032

8 123
3, 179
4 944

8, 1 51
3,179
4 972

835
514
860
830

923
374
981
965

764
245
898
892

754
904
717
668

752
1 065

924
43, 652
14, 856
28, 796

971
15, 250
9 110
6, 140

814
1 001
830
833
968
55, 541
17, 657
37, 884

806
961
860
835
993
37, 254
9,292
27, 962

906
904
919
949
903
43, 300
19.090
24, 210

727
848
746
771
878

861
38, 438
7,421
31,017

655

836
47, 677
20, 823
26, 854

841
43, 714
21, 143
22, 600

600

611

619

799
918

83. 657

82. 268

82. 068

81. 935

82. 212

82. 648

81.741

81. 368

81. 508

82. 467

82. 887

85. 239

84. 840

132. 700

132. 700

131. 998

130. 230

129.842

129.842

128.617

128. 209

126. 575

126. 575

125. 432

125.759

124. 942

689
331
816

605
299
695

750

637

619
286
677

742
329
707

697
370
622

808
381
728

639
337
695

553
310
626

797

683

580

748
312
791

746

712
327
707
697

700
318
688
709

744
300
758
762

749
296
780
753

1,510
10,695
3,457
7,238

1,568
9,009
2,589
6,420

1,613
20, 652
3,791
16,861

1,621
11, 929
2,677
9,252

1,587
14, 292
2,336
11, 956

1 518
16, 996
3 522
13, 474

1,530
9, 505
2 714
6,791

1,576
11,665
3, 725
7,940

621
878
390
488

1 631
11,975
2 595
9, 380

1 610
10, 278
2 400
7,878

1 606
10, 276
1 364
8,912

1 633

632

699

656

1
8
1
7

79. 861

78. 814

78.411

78. 625

78.915

79. 735

80.612

80. 797

80.642

80. 196

79. 765

79. 676

79. 662

1 55. 061

155.061

155. 061

155.061

155.061

155. 061

155.061

155. 061

155.061

155. 061

155.061

155. 061

155.061

530

490
472
390
471
1,609

498
465
481
505
1, 585

608
602
564
579
1,594

609
501
592
571
1,615

740

763

724

749

700

754
847
723

1,427

1,551

734
741
644
1,648

1,733

1,803

86.45

85.73

84.13

81.68

78.97

285, 278
275, 490
65, 801

281, 340
280, 908
65,529

195, 059
178, 875
80,323

283, 321
270, 994
91, 462

242, 823
235, 627
97, 932

o nye

4,300
17, 350
5,550
5,300
5,675

3,675
16,975
4,050
4,000
5,600

4,550
15, 650
5,450
5,200
5,850

3,175
14, 500
4,800
4,100
6,500

742
792
701

701
801
716

714
684
614

635

1,879

1,820

552
684
355
485
1,690

78. 85

78.17

78.74

78.58

79.22

80.39

82.10

82.10

269, 629
257, 805
110, 649

187, 254
189, 383
108, 524

176, 132
195, 259
88, 552

244 Oil
238 911
92 577

253 003
260,815
85 003

269 857
269, 732
85 350

282 864
282 070
85 800

233 095
233, 771
84 110

747

745
744
690

1,857

714
641
619

716
419
478

SOFTWOOD PLYWOOD
Production
thous. of sq. ft., %" equivalent
Shipments
do
Stocks, end of month
do
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
. _ ...
Orders, unfilled, end of month.
Production
Shipments
_ .
_
Stocks, mill, end of month...
r

M bd. ft
do
_ _
do
do
do

19, 025
5,400
4,850
5,325

3 550
3,150
3 700
3,350
4 800
3 550
3 575
3 600
12, 300
12,950
13, 050
12, 250
13,500
10, 700
11, 700
10, 200
4 350
3,750
4 150
3 900
4 750
4 500
4 300
3 650
3,550
4 250
3, 600
3 750
4,350
3 800
3 350
3 650
7,575
8,050
7,300
6,900
8,250
8.600
9,475
9, 575
Data beginning January 1952 have been adjusted to conform to the 1952 revision of the export schedule.

2
Revised.
1 Specification changed; earlier data not strictly comparable.
t Revisions for January-October 1950 are available upon request.
cfThe figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc., in the distribution by types of uppers; there are further
small differences between the sum of the figures and the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available by
types of uppers.
§Excludes "special category" items.
*New series.
Data are compiled by the U. S, Department of Labor, Bureau of Labor Statistics,' monthly data prior to March 1951 (February 1951 for softwoods) will be shown later.




SURVEY OF CURRENT BUSINESS

S-32

July

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

August

July

June

1952

Septem-

ber

October

Novem-

ber

Decem-

ber

January

Febru-

ary

March

April

May

LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING— Continued

Oak:
Orders, new
_
Orders, unfilled, end of month
Production
Shipments
Stocks mill, end of month

65, 806
65, 620
94, 499
85, 922
51, 947

M bd. ft
do
-- do
do
do

51, 757
53, 093
81, 269
71, 488
61, 728

65, 721
54, 740
71,301
69, 053
63, 976

83, 288
57, 246
83, 699
80, 782
64, 635

84, 032
65, 778
74, 297
75, 500
63, 432

83, 335
66, 613
86, 628
85, 372
64, 688

57,156
54, 985
81,035
73, 263
72, 460

49, 607
53, 002
64, 181
54, 554
82, 087

77, 919
56, 995
78, 657
73, 926
86, 818

87, 840
67, 795
73, 094
77, 040
82, 872

80, 919
76, 931
75,660
77 366
81, 168

89, 018
79, 142
82, 922
84 643
77, 817

483 074
21, 200
119, 661
13, 441

84, 306
78, 777
84, 953
84, 671
77, 257

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports total
^hort tons
ScrapQ
do
Imports total
do
Scrap
_ do _

296, 954
20, 111
378, 358
19, 086

280, 662
14, 456
292, 784
14, 102

287, 245
21, 829
315, 358
28, 993

305, 892
22, 213
279,818
26, 074

349, 615
25, 455
255, 268
17,116

296, 081
20, 651
248, 186
17,417

344, 232
21, 533
219, 559
24, 630

416, 700
19, 115
257, 307
22, 013

402, 242
21, 992
235, 157
15, 169

407, 051
16, 247
181, 746
9,285

501, 977
17,074
148, 562
12, 115

6,828
3,370
3,458
4,154
1,123
3,031

6,377
3,187
3,190
4,112
1,170
2,941

5,934
3,043
2,892
4,199
1,171
3,028

6,288
3,240
3,048
4,427
1,212
3,215

6,023
3,127
2,896
4,437
1,215
3,222

6,574
3,409
3,165
4,492
1,255
3,237

6,268
3,244
3,024
4,422
1,240
3,183

6,141
3,166
2,975
4,366
1,199
3,168

6,549
3,426
3,123
4,356
1,166
3,190

6,241
3,215
3,026
4,697
1,153
3,544

6,611
3,407
3,204
5,072
1,178
3,894

14, 362
14, 990
9,128

14, 932
15, 783
8,277

15,103
16, 251
7,129

15,832
16, 448
6,515

14, 764
14, 900
6,381

13, 900
14, 623
5,639

7,052
7,500
5,182

3,682
3,132
5,794

3,704
2,108
7,404

3,605
2,160
8,849

3,714
2,341
10, 236

9,073
8,655
10, 629

12, 664
7,761
19, 772
17, 696
2,075
834

13, 166
7,499
26, 423
23, 731
2,692
1,235

13, 574
7,556
33, 142
29, 299
3,843
1,083

13, 229
7,699
39, 920
35, 057
4,863
1,049

12, 672
7,473
45, 453
39,504
5,950
848

11,089
7,749
50, 229
43, 425
6,804
1,105

5,695
7,624
49, 099
42, 258
6,841
740

791
7,639
43, 711
37,315
6,396
656

0
7,527
35, 927
30, 369
5,558
659

0
7,229
29, 207
24, 693
4,514
624

0
8,022
21, 451
18, 082
3,369
674

6,532
6,616
19, 592
16, 487
3,105
687

49

85

52

69

71

68

79

65

78

70

73

80

2,229
1,397
796

2,162
1,309
743

2,208
1,029
568

2,145
1,219
698

2,055
1,115
626

1,983
1,302
733

1,934
1,184
674

1,847
1,033
583

1,801
1,199
694

1,766
1,155
655

1,711
1,172
661

1,614
1,205
653

277, 778
101, 345
61, 918

258,144
94,376
57,176

263,017
76, 826
45, 072

249, 273
90, 727
57, 164

244, 575
82, 276
48, 568

238, 019
93, 884
58, 251

220, 740
88, 210
53, 682

215, 134
76, 045
45, 543

202, 799
87, 003
54,988

193,061
82, 898
50, 129

196, 896
80, 960
49, 084

198, 215
89, 270
56, 337

6,173
6,184

5,978
5,989

6,070
5,955

6,063
6,001

5,890
5,898

6,197
6,274

5,911
5,922

5,977
5,916

6,040
6, 106

5,785
5,756

6,300
6,219

5,225

Iron and Steel Scrap
Consumption total§
thous of short tons
Home ^crap
do
Purchased scrap
do
Stocks consumers' end of month, total§
do
Home scrap
do
Purchased scrap
do

Ore
Iron ore:
All districts:
Mine production
thous of long tons
Shipments
do
Stocks at mines end of month
do
Lake Superior district:
Shipments from upper lake ports
do
Consumption by furnac6S
do
Stocks end of month total
do
At furnaces
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content)
thous of long tons

12, 497

Pig Iron and Iron Manufactures
Castings, gray iron:§
Orders unfilled for sale
thous of short tons
Shipments, total
do
For sale
do..
Castings, malleable iron:§
Orders unfilled for sale
short tons
Shipments total
do
For sale
do
Pig iron:
Production
thous of short tons
Consumption!
do
Stocks (consumers' and suppliers'), end of month §
thous of short tons
Prices, wholesale:
Composite
_
dol. per long ton
Basic (furnace)
do
Foundry, No. 2, f. o. b. Neville Island
do

1, 613

1,633

1,771

1,819

1,818

1,844

1,811

1,751

1,761

1,764

1,789

53.61
52.00
52.50

53.61
52.00
52.50

53.61
52.00
52.50

53.62
52.00
52.50

53.67
52.00
52.50

53.67
52.00
52.50

53.67
52.00
52.50

53.67
52.00
52.50

53.67
52.00
52.50

53. 67
52. 00
52.50

53.67
52.00
52.50

53.67
52.00
52.50

188, 956
130, 826
39, 194

184,424
131,219
41,605

147, 251
100, 141
27, 235

177, 096
128, 981
41, 162

160, 695
116, 658
34, 693

189, 929
139, 953
39, 290

176, 728
131, 276
34, 524

165, 110
123, 448
32, 733

183, 738
139, 488
36, 650

174, 626
133, 602
31,317

173, 694
131, 997
32, 118

175, 075
134, 325
33. 549

1,418,515 1, 426, 645 1, 446, 118 1, 410, 646
149, 736
176, 342
191, 483
165, 023
130, 675
119, 047
97, 326
109, 014
52, 410
57,295
60, 808
56, 009

1,471,620
190, 774
129, 761
61,013

53.80
52.00
52.50

Steel, Crude and Semimanufactures
Steel castings:
Shipments, total
short tons
For sale, total
do
Railway specialties
do
Steel forgings:^
Orders unfilled, total _
do
Shipments, for sale, total
. .
do
Drop and upset
. _ _ _ do
Press and open hammer
do
Steel ingots and steel for castings:
Production
thous. of short tons
Percent of capacity?
Prices, wholesale:
Composite finished steel
dol. per Ib
Steel billets, rerolling (producing point) cT

1,208,350 1, 263, 657 1,361,005 1, 435, 893
157, 973
177, 273
147, 319
170,371
103, 962
117, 475
110, 979
95, 275
59, 798
52, 044
54, Oil
59, 392

dol. per net ton. .

Structural steel (producing point)
dol. per l b _ _
Steel scrap, heavy melting (Pittsburgh)
dol. per long ton..

1,464,255 '1,359,752 1, 349, 288
187, 487 r 176, 441
169, 404
125, 042 r 127, 768 126, 854
r
62, 445
48 673
42 550

9,100
103

8,662
101

8,684
98

8,739
99

8,660
101

9,122
103

8,799
103

8,891
101

9,136
99

8, 657
101

9,404
102

7,991
90

8,261
90

.0471

.0471

.0471

.0471

.0471

.0471

.0471

.0471

.0471

.0471

.0471

.0471

.0471

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

56.00
.0400

45.00

45.00

45.00

45.00

45.00

44.75

44.00

44.00

44.00

44.00

44.00

44.00

44.00

10, 451
2,605
47

10, 735
2,632
28

10,066
2,366
31

9,076
2,781
31

8,535
2,322
24

8,036
2,511
26

7,294
2,147
32

7,830
2,176
31

8,126
2,085
66

7,570
1,961
59

7,737
2 008
58

7,484
2 207
51

7,052
2,117
48

Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month.-. _ thousands
Shipments
do
Stocks, end of month
do
r

Revised.
©Data beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplate, circles, strips, etc.
§Data beginning January 1951 are estimated totals derived from a survey of approximately 1,300 establishments by the Bureau of Mines and the Bureau of the Census.
f The Bureau of the Census estimated industry totals beginning May 1951 are based on reports from forge shops (shipping 50 tons or more per month) which account for over 95 percent of
all forgings produced. For May, shipments by the additional plants increased total shipments 13 percent; for total unfilled orders, the adjusted May figure is increased 27 percent and also
includes orders for the manufacturers' own use.
JFor 1952, percent of capacity is calculated on annual capacity as of January 1, 1952, of 108,587,670 tons of steel; 1951 data are based on capacity as of January 1, 1951, of 104,229,650 tons.
cfRevised beginning in the April 1952 SURVEY to represent quotations per net ton.




SURVEY OF CUREENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-33
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Continued

Cans, metal, shipments (in terms of steel consumed),
total
short tons .
Food
do
Nonfood
do
Shipments for sale
do
^Commercial closures, production
millions. _
Crowns production
thousand gross
Steel products, net shipments:
Total
thous of short tons
Bars, hot rolled— Carbon and alloy
do
Reinforcing
do
Semimanufactures
do
Pipe and tubes
do
Plates
do
Rails
do
Sheets
do
Strip— Cold rolled
do
Hot rolled
do
Structural shapes heavy
do
Tin plate and terneplate
do
Wire and wire products
do

' 308, 360 ' 309, 519 «• 356, 357
' 206, 284 ' 218, 952 ' 263, 719
r 102, 076 r ' 90, 567 r ' 92, 638
' 259, 480 267, 233 318, 391
1,404
30,282

1,313
28, 461

1,068
26, 861

483, 188
367, 257
115, 931
428, 044
1,118
33, 638

6,939
787
162
293
801
716
166
1,847
187
204
430
396
513

6,646
734
152
292
770
685
161
1,739
180
173
409
425
493

5,989
689
151
303
681
653
146
1,617
128
146
397
347
345

6,756
744
184
322
785
691
165
1,719
191
185
407
430
492

6,207
712
160
314
719
657
139
1,548
162
185
386
358
456

6,844
785
170
315
809
684
165
1,716
184
199
442
394
505

6,509
778
155
283
784
666
136
1,693
165
184
421
327
479

6,411
748
162
313
777
708
146
1,590
154
180
409
352
441

6,589
797
168
285
811
707
156
1,644
180
186
427
298
477

6,358
757
158
268
795
711
138
1,534
158
171
437
359
448

6,890
801
193
317
872
784
162
1,609
156
170
431
478
465

5, 922
693
144
292
718
658
128
1,434
143
143
354
398
422

67,454
272, 903

72, 698
284, 318

73, 816
251, 283

69, 429
211, 953

72, 647
275, 407

72, 246
229 563

72, 454
203, 624

76, 934
325 071

72, 374
212, 481

77, 069
311 137

76, 880
209 286

80, 803

.0775

.0775

.0775

.0768

191. 3
'45.0
146.3
78.7
.383

200.1
46.4
153.6
82.9
.383

209.7
49.8
159.9
85.1
.383

157.8
86.5
.383

417, 378
306, 610
110, 768
371, 686
927
24, 692

374, 200
254, 635
119,565
333,018
1,026
24, 625

263, 468
156, 035
107, 433
229, 422
820
19,900

235, 107
140, 325
94, 782
203, 902
774
16, 903

234, 372
143, 997
90,375
195, 980
976
22, 717

235, 648
144, 439
91,209
199, 445
896
24, 316

266, 920
157, 279
109, 641
228, 841
962
25, 357

287, 691
173, 635
114, 056
241, 444
1,104
27, 774

NONFERROUS METALS AND PRODUCTS
Aluminum:
67,720
Production, primary
short tons _
180, 141
Imports bauxite
long tons
Price, wholesale, scrap castings (N. Y.)
.1725
dol. perlb_.
Aluminum fabricated products, shipments,
185.5
totalcf
mil. of Ibs
40.5
Castings
-do
145.0
Wrought products totaled
do
91.8
Plate, sheet, and strip
do
.377
Brass sheets, wholesale price, mill
dol. per lb_.
Copper:
Production:
Mine production, recoverable copper
83,779
short tons..
Crude (mine or smelter, including custom in96, 541
take)
short tons..
113, 513
Refined
do
118,
113
Deliveries, refined, domestic
_ _
do
60, 896
Stocks, refined, end of month
do
14,
041
Exports, refined and manufactured
do
46, 771
Imports, total
do
24, 892
Unrefined including scrap
do
21, 879
Refined
do
.2420
Price, wholesale, electrolytic (N. Y.)--dol. per lb._
Lead:
Ore (lead content) :
33, 706
Mine production
short tons
33, 198
Receipts by smelters, domestic ore
do
Refined (primary refineries):
44, 951
Production
do
40, 963
Shipments (domestic)
-do
33,
420
Stocks end of month
do
Price, wholesale, pig, desilverized (N. Y.)
.1700
dol. perlb_.
Imports, total, except mfrs. (lead content)
11,201
short tons _
Tin:
3,420
Production, pig
__long tons_.
5,295
Consumption, pig
do
35,
446
Stocks, pig, end of month, total§
do
19,906
Government§
do
15,
435
Industrial
__do
Imports:
1,349
Ore (tin content)
do _ _ _
1,213
Bars, blocks, pigs, etc
do
Price, wholesale, Straits (N. Y.)
dol. per lb__ 1.3996
Zinc:
Mine production of recoverable zinc
58,779
short tons__
Slab zinc:
80, 430
Production _
_ _
__do
77, 567
Shipments, total
do
73,093
Domestic
do
17, 411
Stocks, end of month
do
Price, wholesale, prime Western (St. Louis)
.1750
dol. perlb._
30, 129
Imports, total (zinc content)
short tons__
2,269
For smelting, refining, and export
do
For domestic consumption:
13, 582
Ore (zinc content)
do
14, 278
Blocks, pigs, etc
do

.1725

.0775

.0775

.0775

.0775

.0775

.0775

.0775

182.3
36.0
146.4
88.6
.373

159.8
27.4
132.4
82.7
.373

187.6
35.5
152.0
91.5
.375

161.7
32.5
129.2
77.5
.383

179.4
35.2
144.1
82.5
.383

171.5
32.4
139.2
78.8
.383

175. 2
40.9
134.3
75.5
.383

' 193. 8
M4.6
149.1
81.3
.383

r

75,847

75,407

67, 939

68,989

81,014

77,294

79, 167

77, 691

72, 564

' 78, 851

r 80, 332

82, 217

87, 103
105, 127
114, 103
60,912
13, 162
48, 624
30, 602
18,020
.2420

82, 577
93, 258
101, 095
68, 045
13, 535
46, 606
32, 391
14, 215
.2420

73, 324
79, 613
104, 938
70, 937
6,714
58, 969
35, 935
23, 034
.2420

74,165
74,354
121, 879
62,093
4,971
46, 566
27,551
19, 015
.2420

87, 896
104, 148
125, 286
78, 192
9,864
42, 943
18, 164
24,779
.2420

82, 617
103, 614
123, 646
68, 160
16, 488
39, 694
13 131
26, 563
.2420

86, 680
98, 532
119, 577
71, 528
16, 599
36, 023
19, 231
16, 792
.2420

83, 192
100, 269
130, 430
60, 836
1
10, 598
49, 583
16 677
32,906
.2420

80, 876
95. 979
104, 795
59, 747
12, 842
41, 049
27, 469
13, 580
.2420

87, 110
94, 563
112, 625
58, 487
15, 303
r
48, 272
r
25 928
22, 344
.2420

' 89, 479
98, 402
107, 355
61, 223
19, 494
42, 948
23 354
19, 594
.2420

93, 024
97, 593
105, 362
55, 351

32, 312
32, 244

30, 194
29, 920

29, 686
29, 280

27,620
27, 755

33, 110
31, 806

32, 326
28, 775

33, 499
27, 273

34, 381
28, 501

34,337
40, 148

33, 662
41, 251

«• 34, 363
35, 762

33, 575
36, 149

39, 952
40, 041
33, 308

44, 864
44, 404
33, 504

31, 756
40, 252
24, 997

30, 474
31, 654
23,640

34, 273
31, 164
26, 742

36,234
37, 084
25, 871

36, 754
37, 274
25, 339

43, 746
40, 390
28, 578

44, 133
41 , 291
31, 297

48, 943
39, 161
41 040

' 39, 329
38, 225
41, 820

45 546
28, 591
58, 775

.1573

.2420

.1700

.1700

.1700

.1700

.1900

.1900

.1900

.1900

.1900

.1900

.1892

18,397

11,728

26, 950

13, 658

20, 707

20,009

25, 756

15, 397

42,460

81, 496

57, 760

2,797
2,701
4,719
5,175
27,
802
'T 30, 523 '
17, 612 r 15, 500
12, 749
12, 236

2,414
4,947
' 25, 392
r
13, 567
11, 790

2,055
4,595
20, 358
8, 308
11,909

1,972
4,397
'r 17, 843
6, 753
11, 018

1,984
4.879
14, 751
4, 525
10, 125

1,990
4,524
' 13, 297
' 3, 617
9,567

2,022
4,489
18, 242
9, 004
9,119

1,989
3,919
26, 172
15, 458
10, 645

643
1,188
1.0300

1,820
1,591
1.0300

144
1,005
1.0973

1,472
598
1. 2150

821
7,752
1. 2150

732
10 894
1.2150

1. 2150

2,994
5,093
32,091
18, 105
13,917

2,353
5,014
22, 905
' 11, 292
11, 508
r

r

r

r

r

f

r

2,924
1,868
1. 1805

2,663
2,321
1.0600

2,430
1,172
1. 0300

591
1,865
1.0300

4,545
1,969
1. 0300

56,546

53, 126

54, 364

50, 118

60, 546

57, 195

57, 269

59, 523

59,098

61, 292

r 60, 443

62, 150

77, 679
79, 299
74, 149
15, 791

78, 955
83, 346
76, 461
11, 400

74, 035
74, 191
65, 696
11, 244

70, 623
64, 632
58, 436
17, 235

79, 432
73, 583
68, 365
23, 084

79, 376
77, 419
70 084
25, 041

81, 769
84, 909
73 694
21, 901

83,205
78, 403
75 039
26, 703

77, 296
77, 448
70, 928
26, 551

85, 028
85, 575
80 121
26, 004

83,011
85 592
73 818
23, 423

84, 188
74 665
64 457
32,946

.1750
42, 735
2,878

.1750
34, 366
3,057

.1750
32,841
4,098

.1750
19, 856
2,246

.1950
17, 556
2,309

.1950
21, 537
5,411

.1950
24, 061
6,473

.1950
18, 739
2,306

.1950
49, 225
4,996

.1950
123, 605
6 821

.1950
122, 483
7 993

.1950

31, 624
8,233

23, 726
7,583

23,539
5,204

12,404
5,206

7,233
8,014

9,134
6,992

9 863
7,725

11, 769
4,664

38 980
5,249

108 280
8,504

106 925
7,565

9 161
81, 800

9 480
87 814

2 074
8]893

10! 010

HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square):
10, 443
12, 770
Shipments
thous. of Ib
10 211
22 129
11, 461
11 168
19 335
18, 748
31, 080
11 318
80, 306
Stocks, end of month _
_do __
87,007
71, 374
86, 777
77, 267
82, 630
87, 101
68, 584
69, 677
73, 039
Radiation:
2 784
2,413
2 470
Shipments
thous. of sq ft
4 056
3 564
2 220
2 284
2 226
4 798
3 512
6,805
Stocks, end of month
do
9,024
8,699
8,690
8,702
9,420
7,860
7,' 784
8,' 382
7,' 572
«• Revised.
1 Data beginning 1952 are in accordance with the revised export schedule and include certain primary forms of copper manufactures formerly
exports amounted to about $1.5 million in January-September 1951.
cfSee note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.
§Government stocks represent those available for industrial use; total stocks include small amount not distributed.




1 760

excluded; the value of such

SURVEY OF CUREENT BUSINESS

S-34
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952
1952

1951

May

June

July

August

Septem-

ber

October

Novem-

ber

Decem-

ber

January February

March

April

May

METALS AND MANUFACTURES—Continued
HEATING APPARATUS— Continued
Boilers, range, shipments
number. _
Oil burners:
Orders, unfilled, end of month
_ do
Shipments
do
Stocks end of month
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments total
number
Coal and wood
- do
Gas (incl bungalow and combination) do
Kerosene gasoline and fuel oil
do
Stoves domestic heating shipments total
do
Coal and wood
do
Gas
do
Kerosene gasoline and fuel oil
do
Warm-air furnaces (forced-air and gravity-air flow),
shipments, total
number
Gas
- _.do_ _
Oil
do
Solid fuel
..do
^^ater heaters nonelectric shipments
do

47, 218

43, 174

28, 467

31, 113

29,819

30, 543

32, 370

26, 485

31, 193

28, 245

22,202

23, 446

52, 592
41, 984
88, 512

48, 487
47, 219
91, 674

53, 854
44, 503
94, 365

48, 433
63, 578
89,038

48, 633
75, 421
83,815

44, 987
92, 698
71, 476

35, 843
63, 705
71,886

38, 033
39, 830
76, 102

40, 256
45, 748
77, 518

36, 789
37, 792
80, 775

39,163
40, 038
81, 408

36, 284
45, 481
80, 183

195, 121
7,911
178, 490
8,720

147, 757
9,201
129, 107
9,449

131, 695
6,313
116,952
8,430

187, 677
10, 028
169, 224
8,425

206, 276
11, 741
184, 815
9,720

236, 588
11, 330
212, 168
13, 090

216, 048
11, 549
193 123
11, 376

168, 114
9,470
150, 777
7,867

184, 275
9, 501
166 669
8,105

187, 505
9,589
166, 687
11, 229

204, 657
8,625
185, 751
10,281

199, 605
7,475
182, 942
9,188

286, 878
66, 439
131, 847
88, 592

286, 533
69, 997
141, 063
75, 473

350, 491
77, 824
158, 146
114, 521

451, 971
130, 600
168, 005
153, 366

454, 222
136, 644
177, 108
140, 470

575, 615
179, 021
241, 322
155, 272

452, 579
124, 696
200, 348
127, 535

181,159
46, 528
78, 747
55, 884

145, 268
22, 761
63, 696
58 811

144, 462
19, 318
60,843
64,301

154, 434
25, 450
64, 120
64,864

147, 435
25, 381
62,014
60 040

56, 282
26, 897
19, 227
10, 158
200, 599

61, 910
28, 232
22, 114
11, 564
163, 220

55, 045
23, 500
21, 783
9,762
127, 046

77, 192
29, 780
30, 630
16,782
153, 809

87, 412
33, 329
37,290
16, 793
160, 433

105. 689
40, 780
44, 326
20, 583
181, 623

83,667
36, 953
34, 766
11, 948
173, 056

55, 281
26, 771
22, 565
5, 945
146, 203

50, 002
24, 306
20, 498
5,198
171,337

48, 529
24, 017
19, 309
5,203
167, 335

51,277
25, 797
20, 848
4,632
172, 320

50, 933
27, 029
19, 695
4,209
176 036

MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans new orders
thous of dol
TJnit heater group new orders
do
Foundry equipment (new), new orders,
net
1937-39=100
Furnaces, industrial, new orders:
Electric
thous. of dol
Fuel-fired (except for hot rolling steel)
_.do.
Machine tools:
New orders
_
. 1945-47= 100. _
Shipments
do
Mechanical stokers, sales:
Classes 1 2 and 3
number
Classes 4 and 5:
Number
Horsepower
__
_
Pumps, steam, power, centrifugal and rotary, new
orders
thous. of dol__

32, 272
13, 572

38,069
14,583

30, 828
16 430

30, 167
13 449

431.7

393.2

390.3

404.5

346.5

372.4

305.5

230.5

404.5

200.4

310.0

385. 1

225.2

4,766
5,044

3,370
6,279

5,587
5,284

3,891
4,850

3,250
1,821

3,172
6,374

2,882
2,519

2,100
2,873

2,856
3,379

1,363
2,418

2,100
1,809

2,298
3,613

3,713
3,037

483.0
175.1

558.8
182.8

490.6
144.7

488.9
178.9

380.2
189.8

403.9
221.3

330. 5
226.0

376.5
264.7

347. 8
266.6

318.8
279.6

324. 3
299.5

293. 5
307. 9

p 286. 3
p 322. 3

974

1,327

1.391

2,825

3,001

3,189

1,998

1.095

1,327

1,145

966

1,059

1,158

184
56, 624

234
78,390

191
52, 155

238
61, 785

239
60, 984

289
60, 610

152
35, 707

115
21,284

161
43, 931

115
57, 455

131
39, 165

136
50, 528

153
45, 119

6,371

6,852

8,358

5,911

6,552

6,506

5,908

5,553

5,517

6,020

5,925

6,354

6,140

' 1, 705

' 2, 239

' 2, 172

' 2, 640

' 2, 232

' 1, 792

' 1, 639

••963

••769

••849

1,139

97
161,002
143, 436
491,413

114
97
210, 086
191, 299
319, 475
242, 975
620, 956 1,147,837

113
259, 469
304, 131
921,012

87
219,119
268, 645
823, 943

115
230, 263
224, 471
977, 977

153
230, 226
218, 956
632, 455

153
235, 936
261, 512
759, 453

163
290, 092
254, 135
975, 892

133
217, 169
222, 266
847, 946

216, 969
219, 882
748, 344

148, 926

146, 705

337, 341

411,867

415, 332

467. 108

404. 933

409. 337

510, 561

322, 878

309, 375

494

539

521

559

511

466

548

528

536

545

7,136

7,230

7,389

8,032

7,513

6,833

8,115

7,830

7,796

7,899

7,739

4,701

5,461

4,802

5,462

4,711

4,170

4,836

4,484

4,216

4,133

3,640

r

r

ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), ship' 1, 443
«• 1, 480
mentsf
thousands
Domestic electrical appliances, sales billed :
154
183
Refrigerators index
1936=100
194, 548
Vacuum cleaners, stand'ard type
number.. 201, 983
262, 734
261,648
Washers 0
_ .-do1,417,828 1,120,417
Radio sets production*
-do
Television sets (incl. combination), production*
352, 500
number. . 405, 000
Insulating materials and related products:
614
610
Insulating materials sales billed index 1936=100
Fiber products:
Laminated fiber products, shipments §
8,626
8,583
thous. of dol. Vulcanized fiber:
5,383
4,185
Consumption of fiber paper
thous. of lb_Shipments of vulcanized products
2,155
2,237
thous. of dol. _
Steel conduit (rigid) and fittings, shipments 9
27, 749
27, 891
short tons__
Motors and generators, quarterly:
696
New orders index
1936=100
Polyphase induction motors, 1-200 hp:d"
56, 573
New orders
thous. of dol
48, 166
Billings
do
Direct current motors and generators, 1-200 hp.:d*
12, 779
New orders . . .
__
thous. of dol__
7,690
Billings
_do___.

1,847

2,129

1,711

1,804

1,523

1,232

1,646

1,618

1,565

1,430

1,332

23,890

25, 017

25, 941

26, 680

26, 409

23, 871

25, 982

25, 530

27, 328

22, 767

23, 243

600

573

517

44, 878
42, 438

44, 189
40 722

42 455
44 820

9,160
5,832

10, 713
6,619

r

8 793
9,410

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. of short tons
Stocks in producers' storage yards, end of month
thous. of short tons__
Exports
__
do
Prices, chestnut:
Retail, composite!
dol. per short ton_.
Wholesale, f. o. b. car at minef
__do.
Bituminous:
Production
_.
. - thous. of short tons
Industrial consumption and retail deliveries,
total
thous. of short tons..
Industrial consumption, total
do
Beehive coke ovens
__ _
do. _
Byproduct coke ovens
do
Cement mills
do
Electric-power utilities
_ do
Railways (class I)
__do
Steel and rolling mills
do
Other industrial
do
Retail deliveries
_
do

3,622

3,743

2,770

3,514

3,178

4,548

4,016

3 612

3 974

3 162

2 959

r 3 187

3 203

747
414

792
475

877
526

1,005
605

1,145
706

1,161
892

1,055
633

982
583

939
534

1,005
391

1,024
391

1,026
295

1,149

22.15
13. 775

22.46
13. 989

22.62
14. 156

22.85
14. 319

23.00
14. 513

23.15
14. 513

23.31
14. 513

23. 31
14 513

23. 31
14 513

23.31
14 513

23.31
14 513

23.08
13 394

21.69
13 456

43, 362

43,536

34, 103

47, 184

42, 954

51 797

49 340

44 123

49 900

43 770

41 075

r 39 3QQ

36 755

34, 592
31, 286
974
8,708
695
7,664
4,367
609
8.269
3,306

33, 869
30, 150
982
8,465
685
7,728
3,985
568
7, 737
3.719

33, 214
29, 602
836
8,706
699
7,743
3,814
534
7,270
3,612

36, 656
31, 521
990
8 742
701
8 625
4,064
579
7 820
5.135

35, 754
30, 190
850
8,454
688
8 288
3,902
544
7 464
5.564

40, 002
33 244
971
8 691
728
9 236
4 252
625
8 741
6.758

41,435
34 027
933
8 367
781
q 382
4*344
705
9 515
7.408

42, 803
34 fifin
971
8 670
758
9 267
4 463
758
9 773
8. 143

44, 284
34 g95
998
8 758
740
9 540
4 301
775
9 700

39, 587
31 757
927
8 171
673
8 434
3 877
743
8 QOO
7 fi^n

39, 240
32 170
899
8 807

32, 636
28 422
685
7 g27
fins
7 781
3' 321

30, 758
27 741
681
7 854

Q 28Q

' KM

8? 510
3 698

AQ7

7 794
3 075

A77

CQO

^fi9

7 n?n

4 01/1

Q ni7

r
Revised.
p Preliminary.
*New series. See note marked "*" o:
:>r> p. S-35.
©Figures through 1951 are estimated industry totals; thereafter, data cover reporting companies
only (representing about 97 percent of total industry).
§ Data for Januar,
___„
_0
Ty-August
1951 and beginning
January 1952, cover 14 companies; September-December 1951, 15 companies
9 Beginning
January„ 1952, data include sales of an additional firm;, earlier
^
ier data will be revised later.
cf The number of companies reporting is as follows: Polyphase induction, 1st half of 1951, 32; 2d half of 1951, 33; 1st quarter of 1952, 34; direct current beginning 1951 28
tRevised series. For revised batteries data beginning 1947, see note at bottom of p. S-35. Retail prices are weighted averages for large cities. Wholesale prices supersede former qu"f>tions
on tracks, destination. Revised data prior to 1951 will be shown later.
FRASER

Digitized for


SURVEY OF CURKENT BUSINESS

July 1952

S-35
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

Septem-

October

November

December

January

February

March

April

May

PETROLEUM, COAL, AND PRODUCTS—Continued
COA L—Con tinued
BituminoUvS — Continued
Consumption on vessels (bunker fuel)
thous. of short tons
Stocks, industrial and retail dealers', end of month,
total
thous of short tons
Industrial, total
do
Byproduct coke ovens _
do. __
Cement mills
do
Electric-power utilities
_ _
do _
Railways (class I)
do
Steel and rolling mills
do
Other industrial _
__do_ _.
Retail dealers
do
Exports
do
Prices:
Retail, composite t
dol. per short ton__
Wholesale :
Mine run, f. o. b. car at minet - - - .-do
Prepared sizes, f. o. b. car at minef
do. _
COKE
Production:
Beehive §
thous. of short tons
Oven (byproduct)
do
Petroleum coke
_
_ _
do
Stocks, end of month:
Byproduct plants, total
do
At furnace plants
do
At merchant plants
do
Petroleum coke
do
Export^
do
Price, beehive, Connellsville (furnace)
dol. per short ton..

110

98

93

96

86

104

91

35

19

19

74, 807
73,109
16, 175
1,266
29, 826
4 567

1,232
20,043
1,698

76, 992
75, 258
16, 247
1.333
31, 060
4 999
1,195
20, 424
1,734

74, 100
72, 248
14, 035
1,316
31, 635
4 426
M68
19, 668
1,852

75, 414
73, 492
14, 449
1,339
32, 392
4 331
1,156
19, 825
1,922

76 245
74, 352
14, 426
1 353
33, 098
4 245
1,147
20,083
1,893

78 019
76 080
14, 953
1 420
34, 162
4 126
1 155
20, 264
1 939

77 858
75, 948
15,123
1 508
34, 104
4 163
1 151
19, 899
1 910

76 636
74, 886
15, 270
1 424
33, 398
4 172
1 181
19, 441
1 750

75, 423
73, 792
14, 827
1,361
32, 692
4 161
1 213
19, 538
1 631

76 474
74,967
15, 786
1,342
32, 710
4 237
1 276
19, 616
1,507

77 293
76 042
16 727
1 276
32 724
4 299
1*322
19 694
1 251

5,485

5,231

4,824

6,178

6 104

6 387

5 420

4 478

5 163

3,982

4 057

15.73

15.73

15.82

15.86

15.95

16.10

16.14

16.15

16.16

16.16

16.16

16.16

15.99

5.677
6.583

5.769
6.610

5.658
6.533

5.646
6.581

5.680
6.679

5.697
6.718

5.697
6.756

5.697
6.773

5.697
6.773

5.697
6.769

5 697
6 745

5.623
6.349

5.623
6.317

608
6,122
335

625
5,943
315

526
6,104
326

616
6 152
319

547
5 923
316

629
6 114
328

619
5 882
335

625
6 114
325

637
6 168
331

589
5 770
310

576
6 204
321

436
5,374
296

1,445
1,211
233
123
62

1,395
1,135
260
112
90

1,518
1,175
343
99
94

1 626
1 204
422
97
122

1,764
1 298
466
94
100

1 815
1 306
509
82
126

1 758
1 264
495
83
111

1 738
1 295
443
104
109

1 810
1 421
389
134
112

1 765
1 455
310
142
86

1 832
1 530
302
164
79

1,873
1 459
413
159
89

14. 750

14. 750

14. 750

14. 750

14.750

14. 750

14. 750

14. 750

14.750

14.750

14.750

14.750

2,074
191, 268
94
199, 521

1,975
183, 898
97
197, 246

1,896
190, 362
95
200, 322

2,307
193 201
96
202 721

1,975
187 816
97
196, 752

2 014
197 610
95
199 826

2 040
188 149
97
198 258

1 947
191 650
98
206 032

2 151
192 712
94
205 829

1 929
184 654
95
193 524

2 101
198 028
93
205 825

2,063
192 882
89
193, 039

248, 418
65, 365
165, 500
17, 553

248, 170
65, 536
164, 934
17, 700

250, 847
67, 046
166, 077
17, 724

254 276
65 501
171,074
17 701

254, 900
64,916
171, 730
18, 254

262
65
179
17

261 100
65 297
177, 982
17 821

255
62
175
17

254
62
173
18

255 900
64 614
173' 315
17*971

259
63
177
18

270 679
69 159
183, 751
17 769

76

16
r
r
r

78, 141
76, 810
16, 652
r
1, 245
33, 617
4 254
1,353
19, 689
1, 331

79, 496
78, 033
16, 994
1,261
34, 545
4 110
1,336
19, 787
1,463

4,248

14.750

PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
_ __
number
Production
thous of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
thous of bbl
Stocks, end of month :d"
Gasoline-bearing in U. S., total
do
At refineries
do
At tank farms and in pipelines.
do
On leases
do

266
388
173
705

783
311
481
991

007
436
471
100

126
612
422
092

2 361
1,791
2 939
2,342
Exports
do
2,320
2 147
2 199
2 303
3 340
1 947
1 858
2 211
16,019
16, 487
Imports
do
17, 612
15 232
14 458
11 835
17 536
13 050
15 909
14 473
14 083
14 186
2.570
2.570
Price (Oklahoma-Kansas) at wells_.dol. per bbl_.
2. 57C
2.570
2.570
2.570
2.570
2.570
2. 570
2.570
2.570
2.570
2. 570
Refined petroleum products:
Fuel oil:
Production:
37, 614
Distillate fuel oil
- thous. of bbl. . 37,500
38, 067
38, 335
44, 693
39, 353
38,453
40, 159
45 141
40 726
43 402
44 314
39, 202
38, 303
Residual fuel oiL .
_ do
39, 516
40 693
37 602
37 993
36 843
39 111
37 944
41 483
39' 482
38 352
Domestic demand:
25, 519
24, 132
24, 277
Distillate fuel oil
do
27 185
57 233
33
921
27 271
31 655
47 221
63 185
54 489
49 081
44, 104
42, 153
39, 400
Residual fuel oil
do.
45, 119
40, 454
39, 547
54, 382
50, 982
56 246
45, 016
50 721
49 796
Consumption by type of consumer:
4,544
4,508
4,375
Electric-power plants
do
3 717
5 222
6 295
4 204
5 072
5 949
5 038
5 440
6 068
4 775
3,658
3,415
Railways (class ! ) _ _
.
do
3,338
3 244
3 032
3 517
3 218
2 500
3 313
2 767
3 486
2 851
6,663
6,177
Vessels (bunker oil)
do
5,790
15 484
6 317
6 906
6 750
6 250
6 491
6 331
6 447
6 760
Stocks, end of month:
67, 839
55, 273
Distillate fuel oil
_
do.
79, 437
51, 634
87 432
80,785 i 66 969
55 369
96, 241
102 561
94 917
48 750
39 317
41, 566
Residual fuel oil.
do
45, 163
38 561
47 243
48 212
48 415
42 063 i 39 523
38 295
45 378
37 971
Exports:
1,884
1,149
2,280
Distillate fuel oil
_
do
2 353
1 242
2 791
2 554
1 854
1 894
1 654
3 118
1 316
2,679
2,471
3 119
Residual fuel oil
do
2 059
2 244
2 962
2 006
3 005
2 553
1 962
1 847
1 831
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
.091
.091
dol. per gal._
.091
.091
.091
.091
.091
.091
.091
.091
.091
.091
.091
1.750
1.750
Residual (Okla., No. 6 fuel)— dol. per bbl..
1.750
1.400
1.750
1.350
1.650
1.650
1.690
1.650
1.750
1.500
1.500
Kerosene:
9, 815
10, 698
Production
thous. of bbl
10, 220
12 171
10, 978
10 915
13 040
10 506
11 262
12 083
11 964
10 742
16 744
5,494
5,877
14 960
6 490
16 633
14 608
Domestic demand
do
6 640
10 171
8 150
6 455
12 853
Stocks, end of month
do_.
24, 169
20, 331
27, 277
30, 241
33, 106
24 933 1 22 679
18, 955
33 382
29 948
18 530
16 817
667
388
592
Exports
do
217
1,326
703
752
613
1 000
538
387
747
Price, wholesale, bulk lots (New York Harbor)
.101
.101
.101
dol. per gal._
r.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
Lubricants:
4 963
4 921
5,454
5,094
Production
thous. of bbl
5 241
5 379
4 905
5 432
5 144
4 831
5 157
4 456
3,632
3,850
Domestic demand,do
3,348
3,592
3,313
3 163
3,509
4,090
3 421
3 381
2 990
2 827
8,444
8,451
Stocks, refinery, end of month
_
do
8,662
8,866
8,875
8 914
9 111
9 617
9 856
10 049
10 154
10 169
1,387
1,477
1,593
1,499
1,527
1,429
1,441
1 292
1,236
1,357
1,276
Exports©
--- - - - do.
1 751
Price, wholesale, bright stock (midcontinent,
.290
.290
.290
.290
f. o. b. Tulsa)
dol. per gal..
.290
.290
.290
.290
.290
.290
.290
.290
.290
' Revised.
1 New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 85,872; residual fuel, 42,955; kerosene, 26,940.
fRevised series. Retail prices are weighted averages for large cities. Wholesale prices supersede former quotations on tracks, destination. Figures prior to 1951 will be published later.
§Revisions for 1950 will be shown later.
^Includes stocks of heavy crude in California.
©Excludes "special category" exports not shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reports
from both members and npnmembers of the association. Both private and company brands are included. Radio production comprises home, poitable battery, automobile, and (beginning
1951) clock models; television sets include combination models. Monthly figures beginning 1947 will be shown later. Data for June, September, and December 1951 and March 1952 cover 5
weeks; other months, 4 weeks.
NOTE FOR AUTOMOTIVE REPLACEMENT BATTERIES SERIES, P. S-34. Monthly data beginning 1947 have been adjusted to the bench mark indicated by the
1947 Census of Manufactures as follows, January-December, respectively (thous.): 1947—1,594; 1,692; 1,900; 1,973; 1,980; 1,836; 1,515; 2,190; 2,552; 3,016; 2,836; 2,744; 1948—2,530; 2,382; 1,775;
1,280; 1,086; 1,267; 1,592; 2,663; 2,793; 3,007; 2,685; 2,015; 1949—1,313; 873; 592; 527; 724; 1,119; 1,730; 2,798; 2,945; 2,719; 2,253; 1,790; 1950—1,551; 1,240; 1,259; 967; 1,264; 1,739; 2,177; 3,000; 3,091; 3,178;
2,680; 2,296; 1951—1,979; 1,469; 1,176; 1,892.




SURVEY OF CUEEENT BUSINESS

S-36

July 1952
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

September

October

November

December

January

February

March

April

May

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products— Continued
Motor fuel:
96, 811
96, 154
98,799
98, 643
Production total
thous. of bbl
96 115
98 510
Gasoline 'and naphtha from crude petro85, 691
87, 851
85, 417
87, 875
86, 942
leum
thous. of bbl.
85,004
16, 646
16, 367
15, 932
16, 977
17, 069
Natural gasoline and allied products do
18, 167
Sales of 1. p. g. for fuel, etc., and transfers
5, 195
5,575
5,526
6,053
6 599
5 958
of cycle products
thous of bbl
8,274
7,586
7,982
8,658
8,804
9,318
Used at refineries
do
100,
188
96,
093
100,
476
101,
206
91, 803
99, 945
Domestic demand
_ do _
Stocks, gasoline, end of month:
119, 769
113, 734
123, 830
106, 704
106, 547
101, 837
Finished gasoline, total
. _ do
73, 652
67, 250
61, 120
70, 363
56, 984
58, 364
At refineries
do
7,742
8,431
7,826
7,748
6,963
7,600
Unfinished gasoline
do __
10,065
9,079
10, 043
9,883
9,003
9,578
Natural gasoline and allied products do
2,239
3,438
2,520
4,103
3,293
4,027
Exports cf
-- do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
.104
.104
dol. per gal__
.104
.104
.104
.104
.129
.129
.129
.129
Wholesale, regular grade (N. Y.)*
do
.129
.129
.202
.200
.201
.202
.201
Retail, service stations, 50 cities
do
.203
Aviation gasoline:
6,265
5,765
5,931
6,390
5,950
6,487
Production total
thous. of bbl
4,663
4,900
4,426
5,159
4,792
4,853
100-octane and above
do
8,005
8.595
7,564
8,305
7,915
7,726
Stocks, total
do
4,006
3,844
3,925
3,817
4,369
3,895
100-octane and above
do
Asphalt:
Production
short tons 1, 123, 600 1, 205, 600 1, 286, 700 1, 363, 600 1,247,100 1, 225, 300
1, 546, 900 1, 459, 300 1,296,500 1,064,200
947, 800
814, 400
Stocks refinery end of month
do
Wax:
131, 320
110, 320
115, 920
113,680
104, 440
100,520
Production
thous. of Ib
179, 200
188, 440
168, 280
197, 680
193,200
Stocks, refinery, end of month
_ _ do_ _. 162, 400
Asphalt products, shipments:
4,840
5,006
4,739
5,865
5,497
6,552
Asphalt roofing, total
thous. of squares..
Roll roofing and cap sheet:
1,065
980
1,008
1,333
1,196
1,492
S mooth-surfaced
do
1,086
1,145
1,056
1,385
1,357
1,618
Mineral -surfaced
do
2,855
2,704
2,944
2,687
3,147
3,443
Shingles all types
do
150
135
128
178
186
268
Asphalt sidings _
do
67,044
41, 979
50, 951
49, 770
47, 166
59, 202
Saturated felts
short tons..

95 859

100 039

98 551

93 134

99 093

92 553

84, 976
18, 191

88,800
18 941

87 446
19 058

82, 052
18 070

87, 096
18 724

81, 819
17,917

7,308
8,917
88, 702

7 702
8,838
84, 394

7 953
8 459
86,863

6 988
8,113
82, 043

6 727
8,038
87, 065

7,183
8,041
98, 653

105, 117
58,160
6,911
8,379
4,071

117, 235
70, 051
7,747
8,186
3,476

136, 161
81 054
8,178
7 896
2 558

143, 910
87 458
8,002
8 585
2,144

152, 556
90, 695
8,133
9,527
1,903

143, 512
83, 129
8,378
9,366
2,466

.104
.129
.203

.103
.129
.203

.103
.129
.200

.103
.129
.199

.104
.129
.201

.100
.129
.202

6,390
5,266
7,726
3,853

6 555
5,435
8,277
4,356

6 409
5 480
8,399
4 483

6 137
4 875
8,503
4 421

6 922
5,848
8,529
4,507

6,116
5,076
7,633
3,761

.103
.129
.205

884, 700
922, 900
671, 300
739, 300
605 600
719 300
975,600 1 203 600 1 331 500 1 527 300 1 713 500 1,753 500
101, 080
196, 280

92 400
202, 440

98 280
194 040

100 240
190 400

95 480
199, 360

94, 360
193, 480

4,141

2,485

3,516

3,549

3,869

4,742

5,172

1,029
1,082
2,029
192
44, 742

634
656
1,195
120
32,602

928
882
1,705
163
44, 641

876
861
1 811
144
46,644

913
888
2 067
135
45, 957

1,019
1,046
2,676
126
52, 791

1,040
1,109
3,023
123
59, 274

2,482
2 332
5,915

1,903
2 235
5, 582

1,907
2,251
5,248

PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
thous. of cords (128 cu. ft.)_.
Consumption
do
Stocks, end of month
do
Waste paper:
Receipts
short tons_.
C onsumption
_ _ _ do
Stocks, end of month
do
WOOD PULP
Production:
Total, all grades
thous. of short tons_.
Bleached sulphate
_
short tons__
Unbleached sulphate
do
Bleached sulphite
do
Unbleached sulphite
do
Soda
.
do
Groundwood
do
Defibrated, exploded, etc
do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
short tons__
Bleached sulphate
do
Unbleached sulphate
do
Bleached sulphite
_
do
Unbleached sulphite
do
Soda
do
Groundwood
do
Exports, all grades, total
Imports, all grades, total
Bleached sulphate
_
Unbleached sulphate
Bleached sulphite
Unbleached sulphite
Soda
. ._
Groundwood

do
do
do
do
-_do_- do
do
do

2,214
2,339
4,050

2,383
2,258
4,180

2,309
2,104
4,388

2,720
2,293
4,819

2,288
2,124
4,980

2,503
2,366
5,118

2,172
2,305
4,987

2,213
2 102
5,072

2,699
2,339
5,445

2,561
2 227
5,775

882, 722
890, 776
469, 658

847, 003
824, 615
490, 788

722, 774
667, 582
547, 347

778, 627
757, 434
562, 352

676, 423
663,649
576, 931

725, 043
724, 715
572, 481

644, 616
640, 925
586, 602

548, 752
544 983
589, 340

665, 051
657, 518
593, 508

620, 775
632 317
580, 809

647, 081 ' 650, 014 594, 807
617, 976
650 550 r 640, 933
576, 038 ' 587, 616 562, 268

r
1, 482
' 190, 388
' 566, 923
' 211, 021
' 65, 886
40,607
' 221, 550
106,000

1,400
188, 582
538, 139
191, 077
63,253
34,908
210, 681
101, 000

1,329
177, 229
522, 335
182, 262
58, 586
29,921
197, 911
94, 500

1,438
198, 499
550, 868
206,044
61, 287
38, 777
208, 437
98, 302

1,317
171, 930
505, 980
186, 638
61, 177
36, 941
194, 055
88,000

1,470
198, 261
570, 792
209, 922
68 807
39, 939
214, 370
85, 319

1,416
197, 916
548, 166
205 199
61 363
37, 957
203 712
83 192

1,277
167, 475
490 399
191 814
62 126
35 526
192 799
77 195

1,436
199,797
559, 914
208 833
63 214
39, 480
207 014
83 501

1,373
199, 614
523 737
201 035
59 548
37 651
194 723
82 763

1,456
211, 906
552 033
213 340
61 776
39 041
214 847
86 773

'r 102, 453
12, 197
10, 171
T
24, 880
11, 158
571
40, 487

110, 894
15, 363
12, 911
26, 138
10,990
1,088
40, 841

111, 130
11,830
13, 685
27, 997
12 210
987
40, 852

105, 430
11,920
12, 542
26, 187
11, 579
803
38,601

110, Oil
14,244
12, 525
27, 160
13, 054
1,088
37, 954

106, 227
13 650
12, 871
26,290
13, 012
1,129
34, 432

102, 792
14 142
12, 413
23 293
11 480
1,927
34 880

107, 057
8 718
11, 462
29 508
12 184
1 816
37 969

108, 352
11 150
12, 583
26 472
11 219
1, 540
39 227

113 520
12 547
14, 339
27 902
10 100
1,781
38 912

124 064
13 369
16 557
28 662
13 407
1 973
41 861

24, 282
228, 538
50, 867
36, 668
52, 594
52, 525
2,995
31, 714

19, 489
232, 277
51, 391
39, 253
49, 634
57, 787
2,717
29, 489

10, 711
213, 392
47,001
31, 179
50, 379
53 221
2,625
27 199

12,007
189, 442
45, 102
21, 664
46, 465
47, 888
2,988
24 715

12, 794
164, 897
39, 227
23,749
42, 862
35 741
2,489
19 450

11,046
197, 934
47, 933
22,060
51, 121
44 917
2,859
27 202

27, 758
172 963
42,268
17, 928
44, 744
42 242
2,767
21 803

23,583
169 664
45 368
18, 961
39 849
41 971
2 430
20 106

14, 540
176 358
43 560
21, 858
42 074
47 656
2 273
17 974

24, 261
161 847
47 028
18, 854
41 111
37 294
2 654
14 086

22, 068
155 331
43 456
12 917
41 648
34 495
2 573
19 544

29 522
145 643
37 987
11 575
40 497
33 382
2 619
18 878

2,220
1,166
939
115

2,049
1,088
857
104

1,847
1,022
743
82

2,105
1,118
892
95

2,005
1,048
859
97

2,071
1,095
881
95

2,014
1,051
867
97

r

r
f

r

1,375
195, 895
512 267
207 095
59 253
37 813
198 464
89 170

1,402
210, 711
513 971
210 273
58 390
37 840
203 259
87 395

139 706
r 14 545
r
18 349
41 660
12 150
2 161
42 547

148 497
17 277
18, 139
47 217
12 571
2 170
42 050

PAPER AND PAPER PRODUCTS
All paper and paper board mills:
Paper and paperboard production, total
2,207
1,996
thous. of short tons.. ' 2, 409
2,283
2,018
Paper (incl. building paper)
do
974
1,148
1,106
1,105
1,043
r
Paperboard
do
1, 129
989
1,055
903
873
'131
Building board
do
123
113
103
119
r
Revised.
d"Excludes "special category" exports not shown separately for security reasons.
*New series. Prices are for bulk lots, f. o. b. refineries. Quotations prior to 1951 will be shown later.




2,011
1,029
875
107

SURVEY OF CURRENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-37

1951

May

June

July

August

1952

September

October

November

December

January

February

March

April

May

PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association):
882, 150
812, 496
854, 043
Orders new
short tons. _ 886, 155
984, 305 1,025,263
988, 500
Orders, unfilled, end of month
do
983, 823
885, 285
909, 757
783, 778
894, 740
Production
__do
901, 561
886, 429
770, 991
895, 659
Shipments
do
300, 270
301, 420
312, 183
Stocks end of month
_do _
311, 254
' Pine paper:
113, 525
106, 722
108, 242
104, 721
Orders new
do _ _
130, 810
145, 100
133, 205
Orders, unfilled, end of month
do. ._ 137, 190
117, 902
117, 785
95, 741
116, 506
Production
do
119, 902
117, 570
98, 572
116, 652
Shipments
_do
62, 470
64, 470
63, 605
63, 459
Stocks end of month
do
Printing paper:
298, 390
307, 316
268, 285
290, 115
Orders new
do
496, 190
482, 155
494, 705
510, 150
Orders, unfilled^, end of month
do
285, 183
306, 518
254, 382
304, 666
Production
do
284, 352
304, 555
305, 590
254, 294
Shipments
__do __
113, 760
112, 930
112, 920
113, 845
Stocks end of month
do
Price, wholesale, book paper, "A" grade, Eng12.82
12.98
12.65
lish finish, white, f. o. b. mill*._dol. per 1001b__
12.82
Coarse paper:
297, 480
302, 539
Orders new
short tons
295, 860
277, 783
228, 315
233, 895
236, 325
Orders unfilled, end of month
_ do _
235, 118
305, 938
303, 033
302, 948
277, 523
Production
do
305, 490
303, 762
298, 287
270, 980
Shipments
do
78, 450
84, 265
84, 993
78, 005
Stocks end of month
do
Newsprint:
Canada (incl. Newfoundland):
464, 332
484, 563
485, 723
452, 455
Production
do _
475, 034
480, 581
486, 340
Shipments from mills
do
442, 966
135, 486
148, 957
146, 188
144, 975
Stocks at mills end of month
do
United States:
365, 324
344, 470
403, 233
Consumption by publishers
do
333, 440
94, 331
101, 574
96, 688
92, 481
Production
do
97, 274
100, 003
93, 690
Shipments from mills
do
90, 875
Stocks, end of month:
7,014
10, 191
9,957
8,620
At mills
do
358, 294
467, 052
332, 601
393, 718
At publishers
do
94, 331
77, 646
86, 522
106, 727
In transit to publishers
do
426, 280
442, 100
439, 586
417, 120
Imports
do
Price, rolls, contract, delivered to principal
106. 75
106. 75
109. 25
111.75
ports*
dol. per short ton_
Paperboard (National Paperboard Association) :
962, 700
932, 200
933, 000
Orders new
short tons- 1, 112, 100
548, 000
658, 700
470,800
537, 600
Orders, unfilled, end of month
do
1, 128, 200 1, 058, 500
890, 000 1, 002, 200
Production total
-do
104
103
94
84
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
7,350
6,433
5,278
5,940
shipments
- mil. sq. ft. surface area
Folding paper boxes, value:
672.7
616.7
594.0
616.7
New orders
1936= 100_.
774.7
744.2
594.1
702.5
Shipments
- do

852, 186 r 814, 079
'T 854, 820 rr 824, 136
896, 773 850, 744
r
881, 775 r 842, 399
r
360, 070 r 366, 956

835, 693
982, 593
851, 819
837, 409
325, 907

942, 156
976. 913
946, 158
947 030
325, 035

819, 334
914, 463
896, 957
881 877
340, 425

820 265
870, 769
861 248
863 959
338 617

962 506
914, 567
932 288
911 745
326 610

842 191
903, 374
865 400
851 819
344 664

r

109, 384
132, 655
110, 546
110, 422
63, 325

121, 329
132, 495
123, 623
121, 489
65 959

100, 090
110, 610
122, 649
121, 972
66, 635

106
122
118
119
65

947
703
200
040
795

136 428
141, 965
126 753
125 513
64 558

114 955
138, 310
122 133
116 643
67 895

r

278, 225
492, 795
286, 834
280, 135
119, 619

320, 338
495, 265
313,161
317, 865
114 915

264, 508
465, 945
297, 894
293, 829
118, 980

274
447
291
292
117

755
761
707
939
748

343 367
475, 000
315 983
310 450
129 798

288
475
290
290
130

13.15

13.15

13.15

321 515
232, 340
3?4 031
325, 340
87 411

313, 393
229, 708
321,882
316, 025
93, 520

291
217
305
304
94

431, 082
427, 738
152, 301

492 475
497, 410
147 366

471, 732
491, 020
128, 078

435, 287
461.455
101 910

470 456
445, 212
127 154

457 835
441*349
143 640

381, 437
90, 728
92, 487

405 277
100, 339
97 791

402, 829
95, 847
99 301

387 783
91, 763
91 721

345 315
97, 216
95 046

8,432
439, 547
87, 037
358, 866

10 980
434, 841
100 292
458, 514

7,526
436, 244
107, 144
438, 140

7 568
430, 431
91 765
403, 934

9 738
460, 378
89 491
385, 574

794
091
258
411
367

13.15
329
192
320
317
66

159
045
281
727
884

108, 853 r 105, 530
120, 280 rr 111, 930
124, 033 r 116, 433
121, 995 113, 880
r eg 710
72 250

745 rr288 200
458, 050
150
945 rr 300 497
555
295 680
180 r 135 960

294, 386
236, 168
296, 567
292, 113
88, 720

13.15

r
r

r
r

297 000
460, 000
r 295 832
r
293 770
r 137 817

13.55

13.55

13.55

779, 000
770, 806
839,000
827, 000
364, 550
91,000
90,000
115, 000
113, 000
74,000

280, 000
450, 000
291, 000
288, 000
140, 800
13.55

510
400
612
416
090

251, 000
139, 000
274, 000
268, 000
76 000

476 492
453 162
166 970

471 235
468* 018
170 187

495, 972
492, 478
173 681

348 630
94' 759
96 982

399 258
99 633
98 696

393 470
94 767
94 250

404 071
103, 440
103 783

7
475
99
398

8 452
457' 617
87 887
416 439

8 969
460 475
79 475
420 148

8 626
442, 739
79 028

286
193
293
289
75

297
108
068
132
550

515
502
741
936

r 294
r 182
r 307
r 300

560
684
066
445

r
r
r
r

r g2 900

254
159
277
276
r 84

114. 25

116. 75

116. 75

116. 75

116 75

116 75

116 75

117 00

117 00

856, 000
458, 200
852, 500

961, 900
487, 800
951, 700

804, 500
365, 400
866, 300

798, 300
358, 700
789, 900

883, 200
405, 500
835, 000

829, 300
355, 200
867, 800

923 000
380, 400
880 500

875 600
417, 600
869 500

880, 000
375, 000
906, 000

82

82

86

87

82

75

81

86

85

5,511

6,055

5,399

5,642

5,550

5,569

5 935

5 765

6,013

476.8
629.2

615.9
747.6

555.7
650.8

498.1
528.0

654 6
639.8

608.8
619.0

636 9
630.2

581 3
614.6

604.1
604.1

940
743
197

980
781
199

1,172

1,083

720
557
163

723
575
148

1 371
1,081

1 055

1,240

855
200

937
303

36 364
59 272
82 974

36, 474
64 076

PRINTING
Book publication total
New books
New editions

-

number of editions
do
do

969
759
210

1,145

879
266

751
549
202

638
466
172

963
209

872
211

290

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
_
- -- long tons..
Stocks, end of month
_ _ _ _ _ __do_ _
Imports including latex and guayule
do _
Price, wholesale, smoked sheets (New York)
Chemical (synthetic):
Production
Consumption
Stocks end of month
Exports
Ee claimed rubber:
Production
Consumption
Stocks, end of month

_
-

42, 445

68, 498
42, 371

39, 998
68, 369
56, 411

35, 478
67, 816
73, 586

36,506
67, 491
71, 121

36, 887
56, 941
61, 200

37, 407
63, 501
55, 214

35, 037
63, 689
57, 378

33, 256
76, 569
45,364

r

36, 776
75, 123
83,283

r

34, 642
73, 599
76, 383

r

r
r

35 489
61, 263
85, 172

dol. per lb._

.660

.660

.520

.520

.520

.520

.520

.520

.520

.505

.505

long tonsdo
_ __do
- - do

70, 541
65, 027
70, 276

74, 188
64,718
78, 154

76,250
61, 419
89, 527

74, 951
67, 260
96, 382

777

70, 870
68, 460
99, 889
1,008

79,285
68,923
109, 407

550

73,045
65, 403
116, 910
1,190

76, 958
60 421
129, 952
1,430

75, 214
69 430
137, 785
1,831

73,807
65 767
144, 279
2,141

78, 166
68 744
150 094
3 490

35, 051
34, 148
39, 098

33, 509
30, 999
40, 268

29, 999
25, 500
44, 347

29, 035
28, 598
43,900

26, 885
26, 226
43,095

29, 611
27, 744
44, 367

25, 453
24, 509
44, 049

23, 677
22 044
45, 082

27,755
26 553
45, 067

23,883
24, 518
43, 306

22 808
24 797
40, 579

7,107
6, 704
2,695
3,883

7,212
7.155
2,606
4,407

126

142

6,718
6,584
2,361
4,108

7,533
7,145
2,813
4,211

115

7,771
7,050
2,553
4,315

7,374
6,081
2,391
3,501

6,441
4,517
1,800
2,519

7,872
6 529
2 140
4,243

7,463
6 184
2,301
3,721

7,786
6 134
2 484
3,512

2,992
88

3,508
118

120

7,414
6,640
2,519
3,950

3,586
108

4,033
126

4,740
147

5,514
129

6,888
161

8,765
210

115

101

10,039
150

11,370
164

13,043
181

13,295
127

13,263

5,645
5,592
5,087
52

5,392
5,500
5,307
63

5,179
5,042
5,685
57

6,141
5,729
6,272
88

5,695
5,042
6,831
101

6,270
5,603
7,471
94

5 500
4,803
8,378
121

5 143
3,556
10,094
144

5 582
5 475
10, 343
93

5 138
4 958
10,507
125

5 497
5 034
10, 900
105

5 481
5 305
11,013
88

5 771
5 330
11, 493

do_ _
do
do

617

573

968

.485

.485

76, 457
67 592
158 622
2 415

60,545
66 891
153 754

r
23 948
r
23 911
r

23 175
22 271
41, 325

r
r

39,' 767

TIRES AND TUBES
Pneumatic casings:
Production
thousandsShipments total
do
Original ecinipmpnt
dn
Replacement equipment _ _ _ _ _ _ _ __do_ _
Export
do
Stocks, end of month
do
Exports©
do
Inner tubes:
Productions
do
Shipments!
- do
Stocks, end of month§
do
Exports
do

171

181

188

198

146

*New series.
Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
©Excludes "special category" exports not shown separately for security reasons.
.Includes data for motorcycles.
r Revised.




163

137

r

7 189
6 967
2 814
4 038

7
7
2
4

433
443
719
624

SUKVEY OF CUREENT BUSINESS

S-38
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1052

1951

May

July

June

August

1952

September

October

November

December

February

March

April

May

159, 041

162, 959

174, 155

185, 451

168, 174

January

STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments. _ reams. _

191, 138

162, 002

161, 093

21,924

21, 984

24, 867
19, 566
7,482

24, 916
16,630
6,682

605, 304
599, 905

600,516
577, 686

174, 180

171, 584

195, 139

188,389

132, 524

22,439

22, 514

22, 269

22, 797

20, 737

19, 874

17 039

16 545

18 095

19 817

21 829

24, 259
14, 812
5,601

25,841
11, 491
4,851

23, 253
10, 499
4,138

26, 134
7,162
3,544

17, 994
9,910
3,882

11, 791
17,993
4,711

12 696
22 336
7 056

14 362
24, 519
8 987

15 993
26 622
10 741

21 764
T
24 672
r 10 348

23 282
23, 216'
9 355

571, 338
540, 545

603, 781
571, 081

538, 774
516, 533

591,281
578, 080

532, 937
466 690

436, 552
342 901

406 229
353 812

392, 482
378 321

434 789
411 819

484 468
492 488

PORTLAND CEMENT
Production
Percent of capacity
Shipments
Stocks, finished, end of month.
Stocks, clinker, end of month

thous. of bbl
-_
thous. of bbl
_
__do
do __

96

99

98

98

100

99

93

85

73

76

78

86

92

CLAY PRODUCTS
Brick, un glazed:
Production
thous. of standard brick..
Shipments
do
Price, wholesale, common, composite, f. o. b.
plant f
dol. per thous
Clav sewer pipe, vitrified:
Production. .
short tons..
Shipments
do
Structural tile, unglazed:
Production
_ do
Shipments.
do

27. 317

27. 317

27. 317

27. 317

27. 366

27. 366

27 366

27 366

27 317

27 317

27 317

27 217

144, 666
141,774

138,922
137,142

137, 727
141, 255

151, 181
150, 323

137, 430
135, 057

158, 121
154, 034

141, 154
121, 239

124, 993
82, 546

134, 045
86 576

127, 442
97, 107

139, 685
118 092

139, 573
139, 744

106,045
108, 866

104, 547
105, 045

101, 903
100, 040

103, 493
101, 782

93,164
94,063

101,922
100, 142

98, 965
85,529

84, 411
66, 682

81 948
71, 403

78, 061
75, 617

76, 119
69, 494

82, 647
84, 813

10, 849
10,390

10, 489
9,847

10, 355
9,372

10, 575
10, 543

9,134
9,397

9,341
8,948

7,804
7,714

7,603
7 568

8 941
8 485

8 783
8 053

9 400
9 005

9 523
9 577

27. 217

GLASS PRODUCTS
Glass containers:
Production
thous. of gross
Shipments domestic, total
do
General-use food:
Narrow -neck food
do
Wide-mouth food (inch packers' tumblers,
jelly glasses, and fruit jars)__thous. of gross. _
Beverage (returnable and nonreturnable)
thous. of gross. _
Beer bottles
do
Liquor and wine
__
do
Medicinal and toilet
do
Chemical, household and industrial
do
Dairy products
- do
Stocks, end of month
do
Other glassware, machine-made:
Tumblers:
Production
thous. of dozens. _
Shipments
do
Stocks
- do ...
Table, kitchen, and household ware, shipments
thous. of dozens. _

10, 220
9 888

999

908

738

1,125

1,432

1,072

632

674

783

859

881

1,125

1,216

2,666

2,410

2,416

2,782

2,281

2,426

2,122

1,885

2,498

2,123

2,400

2,474

2,767

803
1,468

969
1,786

858
1,848

602
2,279

332
1,344
1,171
1,782

297
746
1,328
1,985

319
840
1,097
1,810

532
873

525
841

503
874

655
806

977
955

2,161

1,962

2,272

767
700
1,061
2 355

2,064

880

2,426

878
271

730

1,965

823
255

746

1,805

695
266

805

1,901

722
326

717
338

782
312

634
260

906

1,795

572
330

741

840

679
258

693
199

979

783
228

850
244

940

735
233

9,426

9,714

10, 375

10, 102

9,839

9,884

9,710

9,453

9 635

10 093

10, 216

9 863

9,871

7,292
6,760
11, 381

6,384
5,737
11, 974

5,560
5,733
11, 769

5,807
5,331
12, 256

4,656
4,387
12, 556-

4,966
5,414
11, 978

3,889
4,645
11, 228

3,800
3, 352
11, 579

4,883
4 473
11, 837

5,136
5 514
9,989

5,357
5,061
10, 241

4,701
4 987
9,892

4.537
5 329
9,073

3,408

2,682

2,766

3,506

2,892

3,459

3,368

2,589

3,005

3,857

3,431

13 476
13 551
28 087

13, 324
12, 317
29, 075

847 444

686 697

5 100
5 003
'431
2 992
1 530

4,266
4 179

GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous. of short tonsProduction
-_
do
Calcined, production, quarterly total . ..
do
Gypsum products sold or used, quarterly total:
Uncalcined
short tons.
Calcined:
For building uses:
Base-coat plasters
do
Koene's cement
do _
All other building plasters
do
Lath
thous of sq ft
Tile
do
Wall board o"1
do .
Industrial plasters
short tons

664

401

2,305
1,981

1,171
2,271
1,977

2 027
1,681

1,797
1,582

656, 070

588,584

636 366

526, 038

591, 646
15, 053
154, 610
745 224
10, 710
877, 893
71, 181

590, 559
13, 711
169, 219
704 333
9,386
855, 222
68, 612

471
10
146
602
7
776
71

451 841
13, 086
134 090
508 785
7,602
761 566
67 421

859

072
648
036
500
763
854
377

TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
_
.. ...thous. of dozen pairs..
Shipments
do
Stocks end of month
_
do

12, 943
10, 983
29,008

9,383
9,259
30, 332

12, 670
12, 929
30, 073

11,862
12, 605
29,330

13, 617
14, 374
28,573

12,928
13,986
27, 515

11, 393
11 611
28 199

13,945
13 366
28 778

224

2,014

5,468

10, 022

12, 803

13 554

14 508

817, 154

768 072

754, 119

722, 004

905 062

730 817

672 715

922 559

768 889

2,958
2,848

2,278
2,166

1,034
1,690

15, 125
15, 022
10 734
3,289

1,313

16, 198
16, 090
13 652
1,438
1,000

13,646
13, 550
6 840
5, 514
1,196

12,128
12 037
4 754
5' 886
1,397

10, 759
10 672
3 492
5 644
1,536

9 060
8 981
2 421
4 920
1,639

7,638
7 537
1 503
4 394
1 640

12, 163
11, 453
30, 208

13, 465
13 495
28 748

13 250
13 961
28 037

COTTON
Cotton (exclusive of linters) :
Production:
Ginnings§ __
thous. of running bales. .
Crop estimate, equivalent 500-lb. bales
thous. of bales _ _
Consumption^
bales
832, 561
Stocks in the United States, end of month,
total^
.
thous. of bales .3,822
Domestic cotton, total
. do_ _
3,716
On farms and in transit
do
108
Public storage and compresses
_ do
1,586
2,022
Consuming establishments
do._
106
Foreign cotton, total
do
r

125

110

134
719

112

108

999
103

96

92

87

1 15 058

80

1
Revised.
t Revised series. Data beginning 1947 will be shown later,
Total ginnings of 1951 crop.
cf Includes laminated board, reported as component board.
§Total Winnings to end of month indicated.
IData for July and October 1951 and January and April 1952 cover 5-wee'£ periods and for other months, 4 weeks; stocks are for end of period covered.




101

i 15 130
736 535
6 351
6 254
'887
3 773
1 594

97

97

419

2 380
1,381

86

SURVEY OF CURRENT BUSINESS

July 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-39
1952

1951

May

June

July

August

September

October

November

December

January

February

March

April

May

TEXTILE PRODUCTS—Continued
COTTON—Continued
Cotton (exclusive of linters)— Continued
Exports
- - bales
Imports
do __
Prices received by farmers
cents
per Ib
Prices, wholesale, middling, 1M«", average, 10
markets
cents per lb__
Cotton linters :^
Consumption
thous. of bales__
Production
do _
Stocks, end of month
do_ __

371, 417
16, 102
42.5

204,006
18, 412
42.0

129, 144
7,529
39.1

145, 758
3,679
34.6

356, 209
2,320
33.7

583, 927
5,722
36.2

803, 580
1,046
41.0

979, 762
2,214
40.3

676, 400
15, 453
38.7

587, 763
35, 470
37.3

419, 304
1,652
36.7

334, 248
1,449
37.3

36.1

45.2

45.2

40.1

35.0

35.1

36.9

41.5

42.2

41.9

40.6

40.8

40.7

38.6

115
36
398

96
31
••328

'91
21
••259

88
64
231

114
175
272

136
267
367

131
247
460

117
205
538

118
221
620

120
174
629

108
140
655

98
99
630

97
70
560

72, 428
4,807

2,651
73, 786
2,614

63, 092
2,497

63, 850
1,935

2,279
65, 408
2,174

53, 745
1,609

64, 127
1,690

2,302
77, 431
1,846

62, 133
1,883

72, 255
1,999

2,359
73,609
1,434

59, 942
1,616

42.57
44.9
23.8
25.1

39.77
46.6
23.0
23.0

38.77
45.4
(0
20.9

37.62
41.5
17.4
18.1

33.88
40.5
17.2
18.1

31. 20
40.7
17.1
18.4

28.72
41.6
17.8
19.3

29.95
42.7
18.1
19.8

29.04
42.7
17.8
19.4

28.45
42.7
17.0
18.8

26.61
42.7
16.5
18.0

25.83
42.7
16.4
17.3

26.17
42.7
16.0
16.5

.915
1.176

.867
1.127

.806
1.058

.767
.968

.720
.926

.712
.911

.769
.948

.791
.960

3.784
31.069

.755
1.035

4.738
* 1.019

.725
.990

22,000
20,755
9,368
468
8,786
126.3

21, 895
20, 714
9,247
474
8,745
127.8

21,609
20, 394
11, 393
460
10, 721
124.1

21, 758
20, 519
9,050
464
8,486
125.4

21, 516
20,264
8,336
439
7,823
118.4

21,360
20, 102
11,399
465
10,686
125.8

21, 126
19, 854
9,265
471
8,696
127.3

21, 159
19, 885
9,040
452
8,478
122.3

20, 910
19, 613
10, 607
424
9,948
114.5

20,834
19, 513
8,110
416
7,532
112.0

69.6
28.5

57.1
24.8

56.4
26.0

56.9
27.0

57.5
23.9

63.0
27.3

57.8
23.6

55.6
19.9

'57.6
'21.6

66.9
24.1

COTTON MANUFACTURES
Cotton cloth:
Cotton broad -woven goods over 12 inches in width,
production, quarterly cf— .mil. of linear yards__
Exports
thous of sq. yd _
Imports
do
Prices, wholesale:
Mill margins
cents per Ib
Denim 218-inch*
cents per yd__
Print cloth 39-inch 68 x 72*
do
Sheeting, in gray, 40-inch, 48 x 44-48*
do
Cotton yarn, Southern, prices, wholesale, mill:
22/1 carded white cones
dol per Ib
40/1 twisted carded skeins
do
Spindle activity (cotton system spindles) :J
Active spindles, last working day, total.__thous__
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total.mil. of hr__
Average per working day
do_ __
Consuming 100 percent cotton
do
Operations as percent of capacity
-

' 21, 777 «•r 22, 198 'r 22, 140
' 20, 522 20, 962
20, 884
' 10, 365 ' 10, 272 ' 9, 877
514
••532
'412
' 9, 732 r 9, 661
' 9, 260
' 143. 5 .' 138. 6
' 110. 9

RAYON AND MANUFACTURES AND SILK
Rayon yarn and staple fiber:
Consumption:
Filament yarn
_
_ mil. oflb_
Staple
fiber
do
Stocks, producers', end of month:
Filament yarn
do_ _
Staple
fiber
- - do_ __
Imports
thous. of lb__
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. per lb__
Staple fiber viscose 1^6 denier
do
Rayon and acetate broad -woven goods, production,
quarterly &
thous of linear yards
Silk, raw:
Imports
thous. of Ib
Price, wholesale, white, Japanese, 20/22 denier,
87% (A A), f. o. b. warehouse 9
dol. perlb..

81.9
29.2

83.4
26.3

78.7
28.4

r

11.3
4.7
5,310

12.7
4.2
9,696

20.0
4.9
9,738

36.1
6.1
7,810

54.2
8.7
7,591

73.2
9.4
6,506

84.2
10.7
5,149

91.3
15.2
5, 946

97. 5
'15.2
8,011

99.3
15.7
9,509

101.7
r
18.0
11, 194

'99.1
'18.9
7,128

90.0
17.8

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.405

364

577

645

842

708

848

1,524

1,205

975

705

4.13

4.42

4.65

4.68

4.78

4.82

4.97

4.91

4.89

596, 707

396

411, 100

375

4.58

445, 602

425, 004

4.37

4.30

33, 376
6,560
45, 211

30,700
2,395
33, 761

28, 892
4,388
41, 850

27, 392
4,500
23,340

31,700
7,895
32, 026

25, 368
6,728
29,665

25, 116
7,084
39,649

29,330
11,005
42, 487

24,756
9,720
40, 557

2

2

2

2

2

2

2 1. 850

2

1. 820

21.644

.722

.644

.638

.598

.585

1. 725

2 1. 562

21.375

1.375

1.425

'147
' 1, 592
19

136
1,536
13

WOOL
Consumption (scoured basis) :§
Apparel class
thous. of lb._
Carpet class
do. _
Imports
do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured. __ dol. per l b _ _
Raw, bright fleece, 56s, 58s, greasy, 47 percent
shrinkage
dol. per lb__
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol. per lb__

33, 724
7,200
55, 253
3.130
1.236

23.010

2. 850

1.125
2

2. 825

2

2. 600

2. 230

1. 825
2

1. 980

1.962
2

.762

.982

.872

.730

.770

2. 450

2 2. 200

21.825

21.820

2 1. 750

.740
J

1. 650

2

' 23, 924
' 9, 252
42, 820
2

1. 600

30, 760
10, 985
51, 018
2

1.580

2

1. 594

WOOL MANUFACTURES
Machinery activity (weekly average) :§
Looms:©
Woolen and worsted:
Pile and Jacouard thous of active hours
Broad
do
Narrow
do
Carpet and rug:
Broad
do
Narrow
do
Spinning spindles:
Woolen
do
Worsted0
do
Worsted combs
do
Wool yarn:
Production total §®
thous oflb
Knitting§
do
Weaving §
do

140
2,200
25

145
2,252
18

110
1,685
11

139
1,908
13

141
1,772
14

124
1,750
9

130
1,787
10

129
1,763
13

130
1,745
14

139
1,735
18

120
64

116
64

46
25

89
45

89
41

98
43

96
41

100
46

112
47

126
50

128
51

117
48

75, 376
104, 316
185

79, 070
100, 875
184

58, 540
75, 843
131

71, 567
83, 351
142

67, 806
77, 342
129

69, 869
77, 098
124

72,835
76, 698
120

70, 034
72, 078
119

70, 037
68, 175
110

73, 268
74, 786
121

' 67, 953
72, 644
119

64, 282
71,005
120

59,248
6,524
41, 320
11,404

59, 376
6,336
42, 160
10,880

50, 665
5, 315
40, 225
5,125

52, 356
6,008
39, 036
7,312

48, 648
5, 416
36,520
6,712

61,670
6,795
44, 465
10, 410

51,232
5,572
36, 708
8,952

49,004
4,856
35,364
8,784

60, 710
6, 150
40, 305
14, 255

53, 472
6,092
35, 768
11,612

' 50, 984
5,356
' 34, 056
'11,572

60, 030
6,750
40, 180
13, 100

Price, wholesale, worsted yarn (Bradford
2.219
2.389
2.286
2.695
2.477
2.110
2.453
2.098
2.358
2.410
2.817
machine knitting system) 2/20s*.__dol. perlb..
3
' Revised.
» No quotation.
2 Nominal price.
Substituted series. Quotations cover cotton yarns, natural stock, on cones or tubes, f. o. b. mill; $0.784, carded weaving yarn; $1.069,
combed knitting yarn. Earlier data are not available for publication.
* Specification changed; earlier data not strictly comparable.
IData for July and October 1951 and January and April 1952 cover 5-week periods and for other months, 4 weeks; stock data and number of active spindles are for end of period covered.
cf Beginning 1951, production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool (which cannot be distributed
between cotton and rayon goods) and rayon and cotton fabrics produced on woolen and worsted looms amounted to approximately 73 million yards in 1950.
9 Substituted series. Data beginning January 1950 will be shown later.
§Data for July and October 1951 and January and April 1952 cover 5-week periods; other months, 4 weeks.
©Beginning 1951, looms weaving fabrics principally wool by weight.
©See note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.
*New series. Compiled by the 17. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.




SURVEY OF CURRENT BUSINESS

S-40
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1952
1952

1951

May

August

July

June

September

October

November

December

February

January

March

April

May

TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES— Continued
Woolen and worsted woven goods, except woven
felts :t
Production, quarterly, total
thous. of lin. yd__
Apparel fabrics total
do
Other than Government orders total
"W omen's and children's
Nonapparel fabrics total
Blanketing

96, 746
79, 874
23, 451
56, 423
29, 666
26, 757
16, 872
8,065
8,807

do
do
do
do_ _

'

Prices, wholesale, f. o. b. mill:
Suiting gabardine, 56"/58"*
dol. per yd__
Women's dress goods, flannel, 8 oz., 54-inch
dol. per yd._

3.302

84, 570
68, 903
32, 474
36, 429
17, 180
19, 249
15, 667
9,560
6,107

90,034
76,414
29 513
46, 901
19, 868
27 033
13, 620
7,989
5,631

4.562

4.381

4.381

4.381

3.572

3.713

3.302

3. 802

3.302

3.302

2.722

2.722

87,067
75, 494
23, 102
52, 392
24,658
27, 734
11, 573
6,611
4,962

3.713

3.713

3.713

' i 3. 696

3.696

2.822

2.822

TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft, shipments
Exports J

248
103

216
66

207
103

171
48

184
62

124
49

162
62

152
69

224
42

227
212

248
'73

291
149

number. .
do
- do__ _
do
- do. __
do
do_ __

652, 727

617, 685

492, 316

549, 708

476, 002

450, 416

380, 650

375, 410

435, 216

482, 973

529, 585

511, 938
482, 263
140, 047
121, 461

482, 029
457, 293
134, 818
115,079

381, 407
359, 276
110, 244
91, 517

426, 932
404, 590
121, 993
99, 007

365, 906
350, 246
109, 353
90, 445

526,447
1,174
1,108
414, 533
401, 392
110, 740
92, 275

356, 500
346, 048
93, 083
75,653

292, 799
284, 323
87, 006
70, 834

273, 572
258, 457
101, 060
85, 194

100, 706
84, 670

373, 231
352, 645
109, 173
92, 033

416, 155
396, 912
112 833
97, 591

do
do
do

43,337
24, 352
18, 985

38, 978
22, 567
16, 411

39,272
21, 148
18, 124

40,364
19,638
20, 726

39, 401
18, 986
20, 415

' 26, 264
11, 777
' 14, 487

' 35, 173 r 31, 806
' 14, 582 ' 10, 372
«• 20, 591 »• 21, 434

r 22, 100

30, 914
14, 272
16, 642

33, 778
16,250
17, 528

32, 160
17, 021
15, 139

do
__ do
do
do
do

6,861
6,529
3,613
2,916

4,648
4,416
1,984
2,432

232

4,763
4,475
1,697
2,778
288

4,598
4,344
1,599
2,745
254

5,605
5,304
2,251
3,053

4,655
4,416
1 873
2,543

r 5, 124

332

5,591
5,330
2,685
2,645
261

5 298
4,833
r i 963
r
2 870

470, 446
90,627

454, 665
87,461

406, 333
84, 021

424, 422
87,646

406, 217
84, 814

9,644
7,185
7,185
2,459
38
34
13
4

5,290
4,014
4,014
1,276
19
19
10
0

7,183
5,156
5,156
2,027

1,736
90
5.2
128, 540
86, 935
41, 605

3,003
12.6

number
do

MOTOR VEHICLES
Factory sales, total.
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
Exports total t
Passenger cars
Trucks and bussest

-

_ _ _

-

Truck trailers, production, total
Complete trailers _
__ _
Vans
All other
Trailer chassis
Registrations:
New passenger cars
New commercial cars _

_

do
do. _

742
702

838
773

665
630

783
778

743
660

833
710

4,704
4,441
1,853
2,588

845
746

778
755

r

' 9, 205
12, 895

625
525
333,885
315,499

569
499

597
507

503, 845

423
329

397, 836
381, 014
105, 586
90, 849

263

4,634
4,366
1,859
2,507
268

5,013
4,657
1 950
2,707

373, 162
92,281

332, 099
76, 517

310, 084
62, 596

301, 379
59,661

295, 479
59,285

322, 857
63, 364

374 288
73, 461

10, 129
6,794
6,777
3,335

9,845
6,336
6,315
3,509
45
45
18
0

8,470
5,690
5,678
2,780
25
25
14
0

8,643
6,082
6 082
2,561
8
8
g
0

7,383
5,494
5,494
1,889
21
21
10
0

8,161
5 840
5 838
2 321

0

8,578
5,755
5,755
2,823
25
25
16
0

7,433
5 234
5 204
2 199
12
12
12
0

7,263
5,171
4,765
2,092
2
2
2
0

1,736

1,737

1,741

1,743

1,748

1,752

1,755

1,758

1,761

1 761

1,763

96
5.5
125, 846
84, 858
40, 988

91
5.3
121, 359
81,623
39, 736

92
5.3
118,073
80, 522
37, 551

87
5.0
113, 394
76, 530
36,864

84
4.8
110, 325
70, 914
39, 411

90
5.2
104, 831
67, 973
36, 858

87
5.0
98, 566
63, 482
35, 084

87
5.0
93,605
60,107
33, 498

89
51
91 056
58, 234
32, 822

93
53
89 917
54, 810
35 107

96
5.5
84, 341
51, 198
33, 143

3,048
13.0

3,091
13.3

3,180
13.9

3,009
13.5

2,901
13.3

2,718
12.8

2,643
12.7

2,701
13 3

2,480
12 6

2,502
13 0

2,237
12 1

18

17

16

30

28

301

313

219

»• 4, 733
1 994
r
2, 739

364

369

5,163
4,602
1 854
2 748
335

RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
9,774
Freight cars, total
number..
7,198
Equipment manufacturers, total
do. _
7,198
Domestic
do
2,576
Railroad shops, domestic
-__do
23
Passenger cars, total
-do
17
Equipment manufacturers, total
do. __
6
Domestic
do
6
Railroad shops, domestic
do
Association of American Railroads:
Freight cars (class I), end of month:§
1,731
Number owned
_ .-thousands
Undergoing or awaiting classified repairs
89
thousands __
5.1
Percent of total ownership
_
134,
348
Orders, unfilled
_
number
91, 775
Equipment manufacturers
do
42, 573
Railroad shops
do. _
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
3,077
number. .
12.7
Percent of total on line
Orders, unfilled:
16
Steam locomotives, total,
number
0
E quipment manufacturers
do
16
Railroad shops
__
do
1,823
Other locomotives, total
do _
1,823
Equipment manufacturers
do
0
Railroad shops
.do
Exports of locomotives, total
Steam
Other
_

do
do
do

34

1
33

14

14
14
2

22
22
18

0

0
14
1,660
1,660
0

12

10

0
12
1,590
1,590
0

0
10
1,547
1,547
0

0
23
1,804
1,804
0

0
21
1,721
1,721
0

20

19

0
20
1,789
1,789
0

0
19
1,720
1,720
0

39

48

63

50

60

1
59

65

3
62

37

587
545
42

728
652
76

673
581
92

1
38

0
48

0
63

604
519
85

538
484
54

591
529
62

23

1
49

21

1
36

0
18
1,594
1 594
0
2

0
17
1 573
1 573
0

4
4
4

0

0
16
1 441
1 441
0

0
30
1 463
1 463
0

0
28
1 347
1 347

""

73

37

56

59

658
607
51

681
611
70

702
646
56

643

0

NDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments, total
Domestic
Export

_
__

number..
__do
...do

464
420
44

447
385
62

CQO
AK

r

2
Revised.
» Preliminary.
1 Specification changed; earlier data not strictly comparable.
Beginning 1952, detailed statistics are not available.
fRevised series. Beginning with data for 1951, the Bureau of the Census reports for woolen and worsted woven fabrics refer to goods which are Drincioallv wool bv
(i p (windA
y weieht
&
fabrics containing 25749.9 percent wool previously included).
{Excludes "special category" exports not shown separately for security reasons. Beginning 1952, data for exports of passenger cars, trucks, and busses exclude all military exports
§Not including railroad-owned private refrigerator cars.
*New series. Compiled by 17. S. Department of Labor, Bureau of Labor Statistics. More complete specifications are: Worsted suiting, women's and children's gabardine 10V$12J$ oz./yd.; monthly data for 1950 will be shown later.




U. S. G O V E R N M E N T P R I N T I N G O F F I C E : 1952

-INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Abrasive paper and cloth (coated)____
38
Acids
24
Advertising
7,8
Agricultural income and marketings
2
Agricultural wages, loans
15
Aircraft
11,12,14,40
Airline operations
22
Alcohol, denatured and ethyl
24
Alcoholic beverages
__ 2, 6,8,27
Aluminum
33
Animal fats, greases
25
Anthracite
2,5, 11,13,14,15,34
Apparel, wearing
3, 4, 5, 6, 8, 9, 11, 12, 14, 15, 38
Asphalt and asphalt products
36
Automobiles
2, 3, 7, 8, 9,11, 12, 13,14, 18, 21
Balance of payments
20
Banking. _
15,16
Barley__28
Barrels and drums
32
Battery shipments
34
Beef and veal
29
Beverages, alcoholic
_
2, 6,8, 27
Bituminous coal___
2, 11,13, 14,15,34,35
Boilers
-_ 33,34
Bonds, issues, prices, sales, yields.
19
Book publication
37
Brass
33
Brick
38
Brokers' loans
16,19
Building construction (see Construction).
Building contracts awarded
6
Building costs
7
Building materials
7,8,9
Business, orders, sales, inventories
3,4
Businesses operating and business turn-over __
4
Butter
_._
27
Candy
29
Cans, metal
33
Capital
flotations.18, 19
Carloadings
22,23
Cattle and calves
29
Cement and concrete products
2,6,38
Cereal and bakery products, price
5
Chain-store sales
^
9
Cheese
—
27
Chemicals
_. 2, 3, 4, 5, 12, 14,15,18, 21, 24
Cigars and cigarettes
6, 30
Civil-service employees
12
Clay products (see also Stone, clay, etc.)
2,38
Clothing
5, 8, 9, 11, 12, 14,15, 38
CoaL_
2,5,11,13,14,15,34,35
Cocoa
.29
Coffee
22,29
Coke
2,35
Commercial and industrial failures
4
Construction:
Contracts awarded
6
Costs
7
Dwelling units started
7
Employment, wage rates, earnings, hours.. 11,
12,13,14,15
Highway
6,12
New construction, dollar value
6
Consumer credit
16
Consumer expenditures
1,8
Consumers' price index
5
Copper
_
21,33
Copra and coconut oil
25
Corn
19,28
Cost-of-living index (see Consumers' price
index)
5
Cotton, raw, and manufactures
2, 5, 6, 21,38,39
Cottonseed, cake and meal, oil
25
Crops
2, 5, 25, 27, 28, 30, 38
Currency in circulation
18
Dairy products
Debits, bank
Debt, short-term, consumer
Debt. United States Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments and rates
Drug-store sales
Dwelling units started

2,5,14,27
15
16
17
9, 10, 16
15,16,18
13
27
1,18, 20
8,9
7

Earnings, weekly and hourly
13,14,15
Eggs and poultry
2,5,29
Electric power...
_
5, 26
Electrical machinery and equipment
3, 4,5, 7,34
Employment estimates
10,11,12
Employment indexes
12
Employment security operations
13
Emigration and immigration
23
Engineering construction
6
Expenditures, United States Government
16
Explosives
25
Exports (see also individual commodities)
21
Express operations
22
Factory employment, payrolls, hours, wages_ _ _
11,
12,13,14,15
Failures, industrial and commercial
4
Farm income and marketings
2
Farm products, and farm prices
2,5
Farm wages
15
Fats and oils
5,25,26
Federal Government, finance
16,17
Federal Reserve banks, condition of
15,16
Federal Reserve reporting member banks
15,16
Fertilizers..
5,24
products
34
DigitizedFiber
for FRASER
Fire losses
7



Pages marked S
25,29
25
31,32
...
28
2,
3,4,5, 7,8,9, 11, 12, 14, 27,28,29,30
Footwear
2,5,8,9,12,14,15,31
Foreclosures, real estate
_.
_ __
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
,_- 21,22
Foundry equipment
_____.,
34
Freight carloadings, cars, indexes
22, 23
Freight cars (equipment)
,____..
40
Freight-car surplus and shortage
__
23
Fruits and vegetables
- 2,5, 21, 27
Fuel equipment and heating apparatus,...-.-- 33,34
Fuel oil.
_
._..___
35
Fuels
2,5,35
Furs
__
._
22
Furnaces
34
Furniture
2,5,8,9,11,12,13,14
Gas, customers, prices, sales, revenues- _ — . _ 5, 26
Gasoline
_
36
Glass and glassware (see also Stone, clay, etc.). 2,38
Generators and motors
.
34
Glycerin
24
Gold
_
_.___..
18
Grains
5,19,21,28
Gross national product
.
1
Gypsum and products
. _ _ _ . _ _ _ _ _ 6, 38
Heating and ventilating equipment.__„_„„_ 6,33,34
Hides and skins
__
_ _ _ _ _ _ _ _ _ _ _ _ 5,22,30
Highways
_ - _ . . _ _ . . . . 6,7
Hogs
.—._.____
29
Home Loan banks, loans outstanding.
..
7
Home mortgages
.
7
Hosiery
_ _ „ „ 38
Hotels.-.----..----11,13,14,15, 23
Hours of work per week-—... 12,13
Housefurnishings
5, 8, 9
Housing
„ _ _ _ 5, 6, 7, 8
Immigration and emigration
.
23
Imports (see also individual commodities). __ _ 21, 22
Income, personal
. .
1
Income-tax receipts
_________
16
Incorporations, business, new
__ ___
4
Industrial production indexes
______
2,3
Instalment loans
._._____
16
Instalment sales, department stores____
10
Insulating materials
34
Insurance, life
. -. __
17,18
Interest and money rates--,
_, ,_
16
International transactions of the U. S...__. 20, 21, 22
Inventories, manufacturers' and trade
_ _ „ 3,9,10
Iron and steel, crude and manufactures
2,
6, 14, 21, 32, 33
Jewelry stores, sales, inventories
_ _ . _ _ _ „ _ _ 8, 9
__
„_.,
35
Kerosene
13
Labor disputes, turn-over.
10
Labor force
29
Lamb and mutton
29
Lard.
33
Lead.
Leather and products.—
2^3*4, 5,12,14, 30, 31
Linseed oil,
_
,
___
25
Livestock..
2,5,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
_ 7,15,16,17,19
Locomotives
_.
40
Looms, woolen, activity
. _ _ _ 39
Lubricants
.35
Lumber
- _ _ 2,5,11,12,13,14,31,32
Machine activity, cotton, wool
,_
39
Machine tools
34
Machinery
2,3,4,5, 11, 12, 13,14, 18,21,34
Magazine advertising
8
Mail-order houses, sales
, ___
10
Manufacturers' sales, inventories, orders , _ _
3,4
Manufacturing production indexes
2,3
Meats and meat packing
- 2, 5, 11, 12,14, 29
Metals
2, 3,4, 6,11,12,13,14, 15,18, 32, 33
Methanol
_„
24
Milk
_____
27
Minerals
2,3,13,14,15
Money supply
.
18
Mortgage loans
7,15,16
Motor fuel
36
Motor vehicles
3, 5, 8, 9, 40
Motors, electrical
34
National income and product
1
Newspaper advertising
8
Newsprint
22,37
New York Stock Exchange
19,20
Oats
28
Oil burners
___.
34
Oils and fats.—
5,25,26
Oleomargarine
. 26
Operating businesses and business turn-over. _
4
Orders, new and unfilled, manufacturers'
,_
4
Paint and paint materials
_
5, 26
Paper and pulp
2,3,6,11,12, 14,36,37
Paper products
2,3,4,36,37
Passports issued
,_
23
Payrolls, indexes
12
Personal consumption expenditures— —
8
Personal income
1
Personal saving and disposable income
1
Petroleum and products
2,
3, 4, 5,11,12,13,14, 15, 21, 22, 35, 36
Pig iron
32

Fish oils and
Flaxseed
Flooring
Flour, wheat
Food products

fish

Pages marked 8
Plant and equipment expenditures
1
Plastics and resin materials, synthetic
26
Plywood
31
Population
10
Pork
29
Postal business.8
16
Postal savings
Poultry and'eggs
2, 5, 29
Prices (see also individual commodities):
Consumers' price index
5
Received and paid by farmers
5
Retail price indexes
5
Wholesale price indexes
5,6
Printing
2,3,4,11,12,15,37
Profits, corporation
1, 18
Public utilities
1, 5, 11, 13, 14, 15, 17, 18, 19, 20
Pullman Company...
23
Pulpwood
36
Pumps
„ ;
34
Purchasing power of the dollar
6
Radio advertising, production
7,34
Railways, operations, equipment, financial statistics, employment, wages
1,
11,12,13,14,15,17,18,19, 20, 22,23,40
Railways, street (see Street railways, etc.).
Rayon and rayon manufactures
»
2, 6, 39
Real estate
_„__
7
Receipts, United States Government
16
Reconstruction Finance Corporation, loans
17
Refrigerators
34
Rents (housing), index__
5
Retail trade, all retail stores, chain stores, department stores, mail order, rural sales, general merchandise
3.4, 8, 9,10
Rice_
28
Roofing and siding, asphalt.
36
Rosin and turpentine
24
Rubber, natural, synthetic, and reclaimed,
tires and tubes
22,37
Rubber industry, production index, sales, inventories, employment, payrolls, hours,
earnings
2,3,4, 12, 14,15
Rye
__._
28
Saving, personal
1
Savings deposits.-.
16
Securities issued
.
18.19
Service industries
8, 11
Sewer pipe, clay
,__
38
Sheep and lambs
29
Shipbuilding
11, 12, 13, 14
Shoes___2,5,8,9,12,14,15,31
Shortenings
._
.
26
Silk, imports, prices
6, 22, 39
Silver
18
Skins
5,22,30
Slaughtering and meat packing
2,
11,12,14,29
Soybeans and soybean oil
25
Spindle activity, cotton, wool
39
Steel ingots and steel manufactures (see also
Iron and steel)
32,33
Steel, scrap
32
Stocks, department stores (see also Manufacturers' inventories)
10
Stocks, dividends, issues, prices, sales, yields..
20
Stokers, mechanical
34
Stone, clay, and glass products
2,
3,11,12,13,14,38
Stoves
_
___..
34
Street railways and buses.
13,14,15,22
Sugar
22,30
Sulfur
„_...
25
Sulfuric acid_
24
Superphosphate
24
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,13,14,15,19,20,23
Textiles
2, 3, 4, 6,11,12,14,15, 21, 38, 39, 40
Tile
38
Tin
22.33
Tires and inner tubes
6,12,14,15,37
Tobacco
2,3,4,5,6,7,8, 11,12,14,15,30
Tools, machine
34
Trade, retail and wholesale. 3,4,8.9.10,11,13,14,15
Transit lines, local
_. 15,22
Transportation, commodity and passenger
22, 23
Transportation equipment
2,3,4,11,12,13,14,40
Travel
23
Truck trailers
40
Trucks
40
Turpentine and rosin
24
Unemployment and unemployment compensation
10,13
United States Government bonds
17,18,19
United States Government,
finance
16,17
Utilities
1, 5,11,13,14,15, 17,18,19, 20
Vacuum cleaners
34
Variety stores
9
Vegetable oils
25,26
Vegetables and fruits
2,5,21,27
Vessels cleared in forei gn trade
23
Veterans' unemployment allowances
.
13
Wages, factory and miscellaneous
Washers
Water heaters
Wax
Wheat and wheat
flour
Wholesale price indexes
Wholesale trade.
Wood pulp
Wool and wool manufactures
Zinc_

13,14,15
34
34
36
19,28
5, 6
10
36
2, 6, 22, 39, 40
33

Business
Statistics

Still

1951 Edition

available
Statistical Keterence fot
(Current
urrem vJuAinei6
Every month in the year the Survey of Current Business reports the latest economic developments/ and analyzes
them for the business world. For more than a year it has been detailing the transition from € business as usual"
to accelerated defense mobilization. In the cold figures of its 40 pages of business statistics—more than 2,600
series in all—the dynamic movement of the national economy is measured and recorded.
Every 2 years, business indicators are rounded up for a 300-page review of recent statistics in the light of
those for years back—all the way back to 1935. These are published In BUSINESS STATISTICS—the statistical
reference for current business analysis, a supplement to the statistical series which appear in the Survey of Current
Business. Providing monthly data from January 1947 through December 1950 and annual averages of monthly
data from 1935 through 1950, it is a basic handbook for businessmen and economists—particularly useful for
those now engaged in defense work.
$1.50 per copy, BUSINESS STATISTICS is now available from the nearest Department of
Commerce field office or from the Superintendent of Documents, U. S. Government Printing Office,
Washington 25, D. C.

T"

National Income
_Xr Supplement to ike
Survey, of (Current

THE ENLARGED NEW EDITION—FIRST SINCE 1947—CONTAINS
National income and product statistics, 1929-1950
A review of economic trends in the past two decades
The basic principles underlying national accounts
An explanation of methods and sources
Allowance for inflation: constant vs. current dollars

The 1951 edition of NATIONAL INCOME is available from the Superintendent of Documents, U. S. Government Printing
Office, Washington 25, D. C., or from the nearest Department of Commerce Field Office. Price $1.00.



UNITED STATES DEPARTMENT OF COMMERCE

OFFICE OF BUSINESS ECONOMICS