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JULY

U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

1953

SURVEY

OF CURRENT BUSINESS
DEPARTMENT OF COMMERCE
FIELD SERVICE

No. 7

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

LOB Angeles 15, Calif.
112 West 9th St.

Atlanta 3, Ga.
86 Forsyth St. NW.

Memphis 3, Tenn.
229 Federal BIdg.

Boston 9, Masi.
261 Franklin St.

Miami 32, Fia.
36 NE. First St.

Buffalo 3, N. Y.
117 ElHcott St,

Minneapolis 2. Minn.
607 Marquette Ave.

Charleston 4, S. C.
Area 2.
Sergeant Jasper Bldg.

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

Cheyenne, Wyo.
307 Federal Office BIdf.

New York 13, N. Y.
346 Broadway

JULY 1953

i lational ^jrncome i lumber
PAGE

T H E BUSINESS SITUATION . . . . . . .
Recent Money Market Developments .
*

1

3

Chicago 1, 111.
221 N. LaSalle St.

* *

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

Cincinnati 2, Ohio
105 W. Fourth St,

6
7
8

MONTHLY BUSINESS STATISTICS . . S-l to S-40
Statistical Index
Inside Back Cover

Published by the V. S. Department of Commerce, SINCLAIR WEEKS,
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.




Clereland 14, Ohio
925 Euclid Are,

Philadelphia 7, PH.
1015 Chestnut St.
Pittsburgh 22, Pa.
717 Liberty Ave.
Portland 4. Oreg.
520 SW. Morrison St,

Dallas 2, Tex.
1114 Commerce St;

Reno, Nev.
1479 Wells Are.

Denver 2, Colo.
142 New Custom House

Richmond, Va.
400 East Main St.

Detroit 26, Mich.
1214 Griswoid St.

St. Louis 1, Mo.
1114 Market St,

Houston, Tex.
430 Lamar St.

San Francisco 2, Calif.
870 Market St.

Jacksonville 1. Fia.
311 W. Monroe St,

Sarannah, Ga.
125-29 Bull St,

Kansas City 6, Mo.
911 Walnut St.

Seattle 4, Wash.
909 First Ave.

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

JULY 1953

3k.

By the Office of Business Economics

Oui
JTPUT, consumption, and investment were at peak rates
as the second quarter closed. In both dollars and real terms,
output was higher in the second quarter, with income also up.
Agricultural income has been lowered by a further decline
in prices, and drought conditions in the Southwest were an
adverse development in the farm sector during the recent
period.
Total construction activity held to a high pace at midyear.
The value put in place in the first half of 1953 exceeded the
total of a year ago by 8 percent. The annual rate of new
housing nonfarm starts so far this year has been above 1.1
million at seasonally adjusted annual rates.
Government purchases for national security purposes increased moderately in the second quarter.
For the fiscal year 1952-53 as a whole, total cash expenditures of the Federal Government approximated $76 billion,
exceeding cash receipts by over $5 billion. In the preceding
fiscal year cash expenditures of $68 billion were balanced by
!*eceipts.

Output of major consumer durable goods in the first half
of 1953 was about 40 percent higher than in the corresponding period a year earlier. In the second quarter production
eased off moderately as temporary work stoppages affecting
the flow of parts slowed automotive assembly lines, and some
cutbacks occurred in household appliances.
Consumer demand for passenger cars has been running
substantially higher than a year earlier. This, together with
the low level of stocks at the beginning of the year, has
pushed output to a new high for the first half of the year—
assemblies totaling 3% million.
For major consumer durables other than autos, the
demand-supply situation has been less favorable than for
most of the other principal sectors of the economy. The
relative rise in output since last year for this group of
products—especially appliances and radio-television—has
about matched that of passenger cars and of producers'
durables, but the rise in demand has been more limited—

?>f

fedri^; J$4T~4^'f0"o '/ y

MANUFACTURERS' SALES*
30

\*%

'1953

NONAGRICULTURAL
EMPLOYMENT *

CONSUMER PRICES
1953*

1953 <^

- 110
ios

46

20

ie
BM lions
16
NEW ORDERS, DURABLEGOODS MANUFACTURES*
14 -(3-MOS. MOVING AVG.)

NEW CONSTRUCTION
ACTIVITY *
7^53

12

5,0

1952
10

t

259682°—53
1



u

1952
t

t

l

i

l

i

I

1952

SURVEY OF CURRENT BUSINESS
much the same as that which has occurred for nondurable
goods.
Retail sales of household durables were seasonally high in
the fourth quarter and declined less than seasonally in the
first quarter. Accordingly, some letup in demand in the
past quarter was accompanied by stock accumulation.
Available data for a limited number of products suggest
first a rise in trade stocks, followed promptly by reduced
ordering and an increase in factory stocks and then by
curtailment in output. It is clear, however, that the pattern
varies by product and by firm, and is much less pronounced
for those products whose sales reach a seasonal high in the
summer.

Consumer Durable Goods
INDEX, 1947-49 = 100

200

200

150

150

100

fOO

50

50

though some groups have curtailed output

800
TELEVISION
SETS.

150

600

MAJOR
APPLIANCES

\
100

400

50

200

0 I iII M 1I i IIIII I IIII
1952
1953

I I ! I I I !I 1 I I I I I I I I !
1952
1953

SEASONALLY ADJUSTED
U S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

For household durables as a group, output reached a peak
in the early months of the year and has declined moderately
in the last few months. In May production was down 10
to 15 percent from the first quarter high rate, on a seasonally
adjusted basis. Among the major products, output of
television sets has shown the largest decline, part of which
is seasonal in character. Though this industry is so new
that the seasonal pattern is not yet fully established, some
of the decline reflects inventory accumulation associated
with declining sales during recent months following a strong



upsurge in sales late in 1952. A more moderate decline has
occurred in output of radios.
Major household appliance production has been about onethird higher in the first five months of 1953 than in the cor
responding period of 1952, with some tapering off after the
first quarter of the year. Incomplete information on sales
and stocks of appliances suggests some inventory accumulation at both manufacturing and trade levels though sales
have continued slightly higher than a year ago. Substantial
reductions have occurred in home laundry equipment output
with smaller declines in most of the other major appliances.
Other household durables—carpets and rugs and furniture
and bedding—have increased less in production in the past
year, but there has been little curtailment from the first to
the second quarter of this year on an adjusted basis. Retail
sales of furniture and homefurmshings stores have maintained
a slight increase in sales over a year ago.

Price level stable

Total production continues at high rate . . .

200

July 1953

With demand in general keeping pace with high production,
prices as a whole have shown little movement. Within the
price structure, however, price changes have reflected shifting
supply-demand relationships in the various sectors of the
economy. The average of all commodities other than farm
products and foods has advanced in recent weeks and is
somewhat higher than a year ago whereas prices of farm
products have declined further in the past month and are
now 13 percent below a year ago. As large supplies of farm
products have moved to market, domestic consumption
has been generally stable, but export demand is considerably
lower than a year ago and a sizeable portion of current
marketings is going into government stocks.
Serious drought in the Southwest has resulted in heavy
marketings of range cattle and renewed declines in cattle
prices. Emergency measures have been taken to provide
low-cost feed for cattle in the drought-stricken area and to
increase price-support purchases of beef.
Insofar as consumer prices on the average are concerned,
the index continues to move within a narrow range. In May
of this year the BLS index was 114 (1947-49=100), a level
which was the same as in July of last year.

Inventory movements
The high volume of business activity in recent months has
been accompanied by some advance in inventories. In
general, recent changes have reflected a variety of factors of
which the following are the most important. First, is the
continued expansion in the nondurable goods industries,
where stocks are somewhat low in relation to the volume of
sales; hence, the change reflects the rise in activity. Second,
is the rise in the rate of output of the metal fabricating
industries from the first quarter. Here the rise in stocks is
in part also due to special developments in the steel industry,
including the change in materials controls and some shifting
in the character of production. Another influence has been
the work stoppages which have resulted in some inventory
increases as the flow of end products was reduced. Third,
in some industries, particularly in consumer durable goods
lines earlier discussed, there has been a fall in demand,
which has resulted in an accumulation of stocks before
production was adjusted downward.
Relative to sales, business inventories are about the same
as a year ago, with lower ratios among both durable and
nondurable goods manufacturers offsetting somewhat higher
trade ratios. The stock-sales ratio is currently at 1.6
months, about the same as at the beginning of the year.
In industry the ratio is somewhat below December, whereas
for trade it is fractionally above.

SURVEY OF CURRENT BUSINESS

July 1053

The rise in stocks during the second quarter does not represent any slackening in demand either at intermediate or
at final levels. New orders received by manufacturers have
•ontinued at high rates. They have not come up to current
shipments, however, and unfilled order backlogs have declined gradually in recent months. Manufacturers' shipments in May were near the all-time high reached in the
preceding month on an adjusted basis and were more than
10 percent above the corresponding month of 1952. Retail
sales have been sustained at a high rate with estimates for
May slightly above those in the preceding month and substantially above a year earlier.

Employment seasonally high
The June figures on employment show that the usual
seasonal expansion at this time of the year is absorbing the
influx of temporary workers into the labor force during the
summer months. Estimated at 63.2 million by the Census
Bureau, total civilian employment was about IK million

higher than in May. Nonagricultural employment at 55}i
million was little changed from May.
A marked upswing in agricultural employment accounted
for most of the month's employment gain. With large numbers of housewives as well as students entering the farm work
force between May and June, agricultural employment
climbed to an estimated 7.9 million in June from 6.4 in the
previous month. This increase, however, was the first of
any consequence this year as farm operations have been
lagging behind schedule because of bad weather earlier in the
season. Farm employment in June still appeared to be
running slightly under the 1952 level.
The income received by the labor force is considerably
larger than a year ago. Wage and salary income is running
some $15 billion higher at annual rates than in June of last
year, a rise of about 8 percent. Since, as pointed out above,
consumer prices are about the same, the real purchasing
power of this income is higher by a similar proportion.
This is the basic factor in the enlarged demands for consumption which so far in 1953 have run 6 to 7 percent over
last year.

Recent Money Market Developments
TNVESTMENT requirements of business were sustained in
1 the second quarter at close to recent record volumes. With
increases in fixed capital outlays and inventory requirements,
business financing has depended not only on the large volume
of funds flowing from operations—retained earnings and depreciation—but also on a wide use of external funds. In
the light of the generally favorable business situation, capital
needs in general were met, though increased difficulties were
no doubt experienced by marginal borrowers and interest
rates continued to rise. Added costs of borrowed capital
apparently were not a major deterrent to completion of
planned investment programs nor to a continued high rate
of consumer purchases of durable goods.

Loans drop less than seasonal
Loans to business since the start of the year have shown
a less-than-seasonal decline. Commercial loans at leading
city banks at the end of June were about $0.6 billion, or less
than 3 percent, below the end of 1952. In this period of the
year there is normally a decline of more than this relative
amount as commodity dealers and food and tobacco processors repay their heavy seasonal borrowing of the preceding
fall. Loans to these businesses were down sharply but borrowing by durable goods manufacturers arid trade firms
continued to expand.
Probably the most important factor in the underlying
expansionary trend in bank loans to business has been the
continued rise in working capital needs associated with the
expansion of business activity, particularly in defense and
defense-related lines. As may be seen from the chart, the
overall movement of loans thus far in 1953 has roughly
paralleled that of the comparable period last year. For 1952
as a whole, total commercial bank loans to business increased
by about $2 billion, or 8 percent. The amount and rate of
increase over the last year and a half has, however, been
moderated substantially as compared with 1951 when bank



borrowing by business firms increased by $4 billion, or
one-fifth.
The active demand for outside long-term funds is evident
in the lower panel of the chart. Preliminary data suggest
that in the second quarter new corporate securities sold for
cash were in excess of $2% billion, close to the volume raised
in the same period in 1952. These figures include in 1953 a
relatively small amount of refinancing issues. The net
inflow of money to corporate business from the new securities
markets in 1952—new issues less retirements—ibotaled
slightly in excess of $8 billion, and the inflow in the first
half of 1953 was apparently about equal to that of a year ago.
Manufacturing and electric utility concerns continue to be
the predominant users of the new issue markets thus far in
1953. In the first 5 months (for which detailed industry
data are currently available) these 2 industry groups each
accounted for about $1.2 billion out of a total of $3.6 billion
in the period. It appears that whereas manufacturing concerns have tapered off their demand from the exceptionally
high level of 1952, the current rate of utility company flotations is substantially higher than in the preceding year.
Over the past 2% years, the annual rate of stock issues has
remained fairly stable at around $2 billion. New bond
flotations accounted for most of the $2 billion rise in new
issues from 1951 to 1952, and for the modest decline in the
rate of new issues from 1952 to the first half of this year.

Interest rates higher
Recent trends in money and interest rates may be seen
in the "Bond Yield" chart. The tightening of the money
market and the resulting rise of both short- and long-term
rates in 1953 reflects three major developments: The continuing heavy demand for funds on the part of the private
economy; an increase—both actual and prospective—in
financing requirements of the Federal Government; and the
restraining action of the central monetary authority.

SURVEY OF CURRENT BUSINESS
The rise in short-term rates for the most part continued
the almost steady upward trend which has been underway
since 1946. While short-term rates were rising, the market
for long-term funds over most of the postwar period was
steadied by support operations of the Federal Reserve System. Beginning with the "accord" reached with the Treasury in March 1951, the Federal Reserve initiated a program
designed to relieve itself of the necessity for these support
activities, which had limited the use of traditional central
bank mechanisms of credit control.

Julv 195

with the average yield on corporate bonds averaging clps
to 3 percent and the yield on Treasury securities amountin
to 2.7 percent. Beginning in the latter part of 1952, lon§
term interest rates again moved upward, with United Stat/
Governments reaching 2.9 percent in March of this year.

Bond Yields and Interest Rates

Business Financing Needs
Continue Heavy
DOMESTIC CORPORATE BONDS
BILLIONS OF DOLLARS

28

3 -

BUSINESS LOANS OUTSTANDING
(weekly reporting banks)

^1953

24

2 -

20

X

1951

16

1940 42

WHO., JUNE 24

v -»

r

44

46

48

1951

MONTHLY AVERAGE

•£-. OFFICE OF BUSINESS ECONOMICS
F

M
A
M
J
J
A
S
WEDNESDAY NEAREST END OF MONTH

STOCKS

CORPORATE

1951

1952

I
QUARTERLY

U. S. DEPARTMENT

OF COMMERCE. OFFICE

I

1953

Recent Federal Reserve actions

TOTALS

OF BUSINESS ECONOMICS

53

-

|Q5

Prior to the accord, long-term interest rate movements
had been confined to narrow limits, following a gradual
downward trend in 1948 and 1949 and a subsequent moderate
uptrend. With the monetary authorities exercising a policy
of mild restraint following the accord, long-term yields rose
rather sharply in the first half of 1951 and then stabilized



53-106

Following the Treasury announcement on April 8 that it
would raise $1 billion through a new 30-year bond issue
bearing interest at 3% percent, prices on outstanding longterm Governments were further lowered, and yields rose to
over 3.1 percent.
Over the period since the accord Federal Reserve support
activity was held to the minimum consistent with helping
the banking system meet seasonal demands for credit and
Treasury financing requirements. Restraint on the money
market was maintained in large part by the central banks'
policy of putting commercial banks in the position of having
to borrow from the Federal Reserve when they needed additional funds. Repayment of these short-term borrowings
tended to withdraw bank funds from the loan market as
soon as the exceptional needs were met. To make this
policy more effective, the Federal Reserve banks last January raised by one-fourth percent the discount rate on
borrowings from the 1% percent on advances secured by
Government securities and eligible paper—a rate which had
been in effect since shortly after the outbreak of Korean
hostilities.

BONDS

TOTAL

1953

O N D

BILLIONS OF DOLLARS

NEW CORPORATE
ISSUES

1952

DAILY AVERAGE

During the most recent period, bond market fluctuations
have been substantial, resulting in reappraisal of plans for
financing by some borrowers. With overall business demand
for both long- and short-term funds continuing to put an
exceptional strain on the money market, the Federal Reserve
authorities aided the market through acquisition of shortterm Treasury securities. This is illustrated in the following
table showing changes in Federal Reserve credit for 4-week
intervals in the recent past.

SURVEY OF CURRENT BUSINESS

July 1953

In the period ended April 29, member banks increased
bheir reserve balances by about $180 million. It is on the
" asis of these balances that the banks in the system are able
to expand, or must contract, their earning assets such as
loans or securities, and through such action, tend to affect
the money supply. Since reserve requirements are a fraction
of demand deposits, the banking system may expand its
demand deposits and earnings assets by a multiple of the
addition to reserves.
Table 1.—Changes in Selected Factors Affecting Member Bank
Reserves
[Billion dollars]
Four weeks ending

Federal Reserve credit:
U S Government securities
Discounts and advances
Float
Total
Other items (net) ..
Change in member bank balances

-

_

April 29

May 27

June 24

0.37
-.17

0.28
-.27
.06

0.75
-.25
-.03

Total
12-week
period

1.03
-.15
-.13

.20

.08

.47

.76

-.02

.14

-.01

.11

.18

.22

.47

.87

Source: Board of Governors of the Federal Reserve System.

The April increase in reserves stemmed from banks borrowing from the Federal Reserve—there was no change in the
latter's holdings of Government securities. In view of the
commercial bankers' traditional unwillingness to stay long
in debt to the Federal Reserve, the $180 million increase in
^serve balances in April may be considered to have been of
& temporary nature.

In the subsequent 8 weeks member banks did liquidate a
substantial portion of their borrowings, but Federal Reserve
acquisition of Treasury securities of about $1 billion more
than offset repayments, and on net balance total reserves
increased $870 million. The resultant easing of the pressures
on the money market was reflected in some improvement in
bond prices and, by the end of June, the average yield of
3.05 percent on long-term Treasury issues was slightly below
the earlier peak.
The money market now faces a large seasonal need for
short-term bank funds. The Treasury, moreover, has entered the market for $5% billion of new money to cover the
expected excess of expenditures over the seasonally low receipts in the current quarter. In this setting the Federal
Reserve took the further step in early July of freeing some
additional bank funds by reducing the amount of reserves
required to be held by member banks. With the present
volume of demand deposits, the reserves "set free" would
amount to $1.2 billion. Thus these additional free reserves
may serve as the base for expansion in the demand deposits
and earning assets of the banking system.
With business firms reporting intentions to continue a high
rate of fixed capital outlays, the demand for mortgage funds
by home purchasers still high, and the United States Treasury in need of large sums to finance the deficit and refinance
its short-term obligations, total demands on the capital market will be unusually high in the months ahead. On the
other hand, it should be noted that consumer savings are also
high and gross business savings are expanding. In the nearterm, depreciation charges will increase under the growing
impact of the accelerated schedule on defense facilities, while
reductions in individual and corporate income taxes are proposed for the beginning of next year.

National Income
Supplement to Surveu of (C urren

THE ENLARGED 1951 EDITION-STILL AVAILABLE-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, was 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.

(J^a&lc esDatci on tke t lational Otconotnu

National Income and Product
of the United States, 1952
JLJETAILED national income and product statistics for the year 1952, together with
revised estimates for 1951 and 1950, are presented in the following pages. In addition the
revised data for 1949, published last July, are reprinted without change. Revised quarterly
and monthly estimates for 1953 are shown on pages S-l and S-8 of this issue of the SURVEY OF
CURRENT BUSINESS.
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. Monthly,
quarterly, and annual income and product statistics (except the annual series on State income payments) published in other issues of the SURVEY are hereby superseded.
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.
Specific attention is called to the location in this report of the 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." 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.
The revisions of the estimates were occasioned by new source materials that have
become available since the publication of the National Income supplement. Important
among these were the Bureau of Internal Revenue tabulations for 1949 of the income tax
returns of corporations and sole proprietorships, and preliminary tabulations of corporate
returns for 1950. Inclusion 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 source materials also incorporated include 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 1951 Annual Surveys of Manufactures
of the Bureau of the Census and from the 1951 and 1952 Reports of Plant Operations for 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, 1951,
and 1952 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. New data from the 1950 Census and from
various sample surveys have been used to derive revised estimates of rent and related items.



lst of Statistical Ja
NATIONAL INCOME AND PRODUCT ACCOUNTS
PAGE

I. National Income and Product Account, 1952
II. Consolidated Business Income and Product Account, 1952
III. Personal Income and Expenditure Account, 1952

8
8
9

PAGE

IV. Consolidated Government Receipts and Expenditures Account, 1952
V. Rest of the World Account, 1952
VI. Gross Saving and Investment Account, 1952

9
9
9

ANNUAL TABLES
PAGE

National Income by Distributive Shares, 1929-52, _
Gross National Product or Expenditure, 1929-52__
Personal Income and Disposition of Income,
1929-52
Relation of Gross National Product, National
Income, and Personal Income, 1929-52
Sources and Uses of Gross Saving, 1949-52
Liquid Saving Estimates of the Securities and Exchange Commission and Their Reconciliation
with Personal Saving Estimates of the Department of Commerce, 1949-52
Consolidated Business Income and Product, 194952

10.
11.
12.

13.
14.
15.
16.
17.
18.
19.
20.
21.

10
10
12
12
14

14
14

Government Receipts, 1949-52
Government Expenditures, 1949-52
Social Insurance Funds, 1949-52
Transactions of the Rest of the World with the
United States, 1949-52
National Income by Legal Form of Organization,
1949-52
National Income by Industrial Origin, 1949-52
Wages and Salaries, by Industry, 1949-52
Supplements to Wages and Salaries, by Industry,
1949-52
Income of Unincorporated Enterprises, by Industry, 1949-52
Corporate Income Before Federal and State Income
and Excess Profits Taxes, by Industry, 1949-52_ _
Federal and State Corporate Income and Excess
Profits Tax Liability, by Industry, 1949-52
Corporate Income After Federal and State Income
and Excess Profits Taxes, by Industry, 1949-52_ _
Net Corporate Dividend Payments, by Industry,
1949-52
Undistributed Corporate Income, by Industry,
1949-52
_

14
15
15
15
15
16
16
16
17
17

PAGE

22A. Inventory Valuation Adjustment, by Industry—
Corporations, 1949-52
22B. Inventory Valuation Adjustment, by Industry—
Unincorporated Enterprises, 1949-52
23. Net Interest, by Industry, 1949-52
24. Number of Full-Time Equivalent Employees, by
Industry, 1949-52
25. Average Number of Full-Time and Part-Time
Employees, by Industry, 1949-52
26. Average Annual Earnings per Full-Time Employee,
by Industry, 1949-52
27. Number of Active Proprietors of Unincorporated
Enterprises, by Industry, 1949-52
28. Number of Persons Engaged in Production, by
Industry, 1949-52
29. Corporate Sales, by Industry, 1949-52
30. Personal Consumption Expenditures, by Type of
Product, 1949-52
31. New Construction Activity, by Type, 1949-52
32. Producers' Durable Equipment
33. Net Change in Business Inventories, 1949-52
34. Supplements to Wages and Salaries, 1949-52
35. Personal Contributions for Social Insurance, 194952

36.
37.
38.

17
39.
18

19
19
20
20
20
21
21
21
21
22
24
24
24
25

Transfer Payments, 1949-52
Monetary and Imputed Interest, 1949-52
Reconciliation of Department of Commerce Estimates of Corporate Profits with Bureau of Internal Revenue Tabulations, 1949 and 1950
Major Items of Personal Income and Personal
Consumption Expenditures in Kind, 1949-52

25
25
25
25

A.

Gross National Product or Expenditure in Constant

B.

Dollars, 1929-52
26
Implicit Price Deflators for Gross National Product by Major Segments, 1929-52
26

18
18

19

QUARTERLY AND MONTHLY TABLES
PAGE

40. National Income by Distributive Shares, Quarterly,
1949-52
41. National Income by Distributive Shares, Seasonally
Adjusted Quarterly Totals at Annual Rates,
1949-52
42. Gross National Product or Expenditure, Quarterly,
1949-52
43. Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates,
1949-52




26
28
28
28

PAGE

44. Disposition of Personal Income, Quarterly, 1949-52 __
45. Disposition of Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949-52_.
46. Relation of Gross National Product, National
Income, and Personal Income, Quarterly, 1949-52. _
47. Relation of Gross National Product, National
Income, and Personal Income, Seasonally Adjusted
Quarterly Totals at Annual Rates, 1949-52
48. Personal Income, Seasonally Adjusted Monthly
Totals at Annual Rates, 1949-52

30
30
30
30
32

National Income and Product Accounts., 1952
Table I.—National Income and Product Account, 1952
[Millions of dollars]

Compensation of employees:
Wages and salaries
Supplements

183, 643
9,585

Income of unincorporated enterprises and inventory valua41, 115
tion adjustment
Rental income of persons

Personal consumption expenditures

218, 130

Gross private domestic investment

52, 544

Net foreign investment
Government purchases of goods and services.

—235
77, 517

10, 039

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

20, 635
9, 107
9,474
1,004

7,027

Net interestNational income

291, 629

Indirect business tax and nontax liability
28, 053
Business transfer payments
901
475
Statistical discrepancy
Less: Subsidies minus current surplus of Government enter63
prises
Charges against net national product 2
Capital consumption allowances

320, 995
26, 961

CHARGES AGAINST GROSS NATIONAL PRODUCT 2. 347, 956

GROSS NATIONAL PRODUCT 3

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

3. Data for other years in table 2.

347,956

Table II.—Consolidated Business Income and Product Account, 1952 1
[Millions of dollars]

Compensation of employees:
Wages and salaries:
Disbursements
Excess of accruals over disbursements.
Supplements:
Employer contributions for social insurance.
Other labor income

Consolidated net sales:
147, 566
-65

3,709
4, 346

Income of unincorporated enterprises and inventory valuation adjustment

41, 115

Rental income of persons

10, 039

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

To
To
To
To

consumers
government
business on capital accountabroad

Change in inventories

207,383
43,688
48,821
3,041

3, 723

20, 635

8,762
8, 659
1,004
4,559
250, 329

Indirect business tax and nontax liability
28, 053
901
Business transfer payments
Statistical discrepancy
475
Less: Subsidies minus current surplus of government enter63
prises
Charges against net product
Capital consumption allowances

279, 695
26, 961

CHARGES AGAINST BUSINESS GROSS PRODUCT. _ 306, 656
1. Data for other years in table 7.
8



BUSINESS GROSS PRODUCT

306,656

Table III.—Personal Income and Expenditure Account, 1952
[Millions of dollars]

Personal consumption expenditures:
Purchases of direct services:
Compensation of employees:
Wages and salaries paid
6, 630
Supplements paid:
Employer contributions for social insurance
53
Other labor income
51
Interest paid
2, 174
Income originating in and net1 and gross product of
households and institutions
8, 908
Net purchases from business3 2
207, 383
Net purchases from abroad
1, 839
Personal tax and nontax payments 4
34, 645
4
Personal saving
16, 885

Wage and salary
disbursements:
Business 2 1
147, 566
Government
29, 487
1
Households and institutions
6, 630
1
Rest of the world
25
Other labor income:
2
Business
4, 346
Government 1
341
1
Households and institutions
51
Income of unincorporated
enterprises and inventory valua2
tion adjustment
41, 115
Rental income of persons 2
10, 039
4
Dividends
9, 107
4
Personal interest income
11, 888
5
Government transfer payments
11, 960
Business transfer payments 5
901
8
Less: Personal contributions for social insurance
3, 796

PERSONAL OUTLAY AND SAVING 4

PERSONAL INCOME 4

269,660

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

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

269,660

5. Data for other years in table 36.
6. Data for other years in table 35.

Table IV.—Consolidated Government Receipts and Expenditures Account, 1952 *
[Millions of dollars]

Purchases of goods and services:
Purchases of direct services:
Compensation of employees:
Wages and salaries2________________________ 29, 487
Supplements:
Employer contributions for social insur1, 085
341
Other labor income 2 ___________________
Income originating and net and gross
product _____________________________ 30, 913
Net purchases from business _________________________43, 688
Net purchases from abroad __________________________ 2, 916
Transfer payments _____________________________________
11, 960
4, 861
Net interest paid _______________________________________
Subsidies minus current surplus of government enterprises ___
63

Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance:
Personal contributions 3
Employer contributions:
Business 4
Government 2
Households and institutions 2
Deficit ( +5 ) or surplus (—) on income and product transactions

34, 645
20, 635
28, 053

GOVERNMENT EXPENDITURES

GOVERNMENT RECEIPTS AND DEFICIT

94,401

94,401

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

3, 796
3, 709
1, 085
53
2, 425

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

Table V.—Rest of the World Account, 1952 1
[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
STATES

PAYMENTS TO 1HE

Net disinvestment in the United States_
25
294
345
815
1,479

-235

3,041
-2,916
-1,839

UNITED

-235

NET DISINVESTMENT IN THE UNITED STATES._.

-235

1. Data for other years in table 11.

Table VI.—Gross Saving and Investment Account, 1952 1
[Millions of dollars]
2
Business purchases on capital account
Change in business inventories 2
Net disinvestment in the United States by rest of world
Government deficit (+) or surplus ( — ) on income and product transactions

GROSS I N V E S T M E N T
DEFICIT

AND

2, 425

GOVERNMENT

1. Data for other years in table 5 except as noted.
2
Digitized for259682°—53
FRASER


48, 821
3, 723
—235

54,734

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

-65
8,659
1,004
475
26, 961
815
16, 885

GROSS PRIVATE SAVING

54,734

2. Data for other years in table 7.

3. Data for other years in table 11.

10

SURVEY OF CURRENT BUSINESS

July 1953
Table 1.—National Income by

[Millions of dollars!

1929

1930

1931

1932

1933

1935

1934

1936

1937

87, 355

75, 003

58, 873

41, 690

39 584

48 613

56 789

64 719

73 627

50 786

46 515

39 470

30 826

29 330

34 067

37 107

42 675

47 696

50 165
45 206
312
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

45 948
38 432
358
7 158

.

621
101
520

621
106
515

584
111
473

542
126
416

505
133
372

547
147
400

599
171
428

921
418
503

1 748
1 234
514

Income of unincorporated enterprises and inventory valuation adjustment..

13, 927

10,963

8,214

4,921

5,207

6,603

9,858

9,942

12, 249

8 262
8 120
142
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

6 630
6 659
— 29
5 619

5,811

4,786

3 620

2,508

2,018

2 095

2,288

2 682

3 140

10 290

6 563

1 631

—1 995

— 1 981

1 098

2 997

4 946

6 166

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 ^96
— 1 619
— 625

3,224
965
2,259
2 872
613
— 227

5 684
1,411
4 273
4 557
— 284
— 738

6 197
1,512
4 685
4 693
—8
—31

6,541

6,176

5,938

5,430

5,010

4,750

4,539

4,474

4,376

Compensation of employees
Wages and salaries
Private
Military
Government civilian

-- ........... . .
_

_ _ . _ _ .

_

Supplements to wages and salaries
__
Employer contributions for social insurance
Other labor income

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

.--

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

Gross national product

..

--

Personal consumption expenditures
Durable goods
Nondurable goods
Services

-

-

--

- - -

-

-

- - - -

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

1935

1934

1936

1937

103, 828

90, 857

75, 930

58, 340

55, 760

64, 868

72, 193

82,483

90,213

78, 761

70, 789

61, 153

49, 208

46, 346

51, 882

56, 215

62, 515

67, 121

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

7,005
35, 232
24, 884

15, 824

10, 209

5,362

886

1,306

2,807

6,146

8,318

11,440

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

3,687
5,444
2,309

771

690

197

169

150

429

-54

-93

62

8,472

9,169

9,218

8,077

7,958

9,750

9,886

11,743

11, 590

1,311

1,410

1,537

1,480

2,018

2,991

2,931

4,815

4,552

1,344

1,432

1, 549

1,484

2,022

2, 997

2, 935

4,818

4, 557

33
7,161

22
7,759

12
7,681

4
6,597

4
5,940

6
6,759

4
6,955

3
6,928

5
7,038

1. For the years 1947 to 1952, national security purchases are based on the Bureau of the
Budget classification "Major national security programs". (See The Budget of the United
States Government for Fiscal *ear Ending uune 30,1954, p. 1090.) The national defense com-




1932

1931

1930

ponent of purchases is based on the following Budget components of major national security
programs: military services, the military assistance portion of international security and
foreign relations, civil defense, development and control of atomic energy, promotion of

SURVEY OF CURRENT BUSINESS

July 1053

11

Distributive Shares, 1929-52
[ Millions of dollars]
1938

1939

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

1952

67,375

72,532

81,347

103,834

137, 119

169, 686

183,838

182,691

180,286

198, 688

223,469

216,259

240, 632

278, 373

291,629

44,747

47,820

51, 786

64,280

84,895

109,212

121, 163

123,026

117,098

127,988

140, 166

139,915

153,433

178,920

193, 228

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, 573
123, 434
4,999
17, 140

169, 839
141, 185
8,640
20, 014

183, 643
151,116
10, 375
22, 152

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

7,860
3,976
3,884

9,081
4,756
4,325

9,585
4,847
4,738

10,768

11,282

12, 660

16,504

23,041

26,731

28,997

31,247

35,375

35, 365

39,751

34,405

36,977

41,581

41, 115

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, 629
24, 877
-1,248
13, 348

26, 091
26, 490
-399
15,490

26, 315
26, 062
253
14,800

3,278

3,465

3,620

4,322

5,395

6,109

6,495

6,256

6,620

7,059

7,506

7,720

8,473

9,093

10,039

4,292

5,753

9,177

14,615

19,894

24,279

24,046

19, 153

18,271

24,732

31,711

29, 189

36,011

42, 360

40,220

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

40,976
18, 247
22, 729
9,125
13, 604
-4, 965

43, 663
23, 595
20, 068
9,208
10, 860
-1, 303

39, 216
20, 635
18, 581
9,107
9,474
1,004

4,290

4,212

4,104

4,113

3,894

3,355

3,137

3,009

2,922

3,544

4,335

5,030

5,738

6,419

7,027

or Expenditure, 1929-52
(jMillions of dollars]
1938

1939

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

1952

84,683

91,339

101,443

126,417

161,551

194,338

213, 688

215,210

211,110

233,264

259,045

258,229

286,826

329,822

347,956

64,513

67,466

72,052

82,255

91, 161

102,244

111,550

123,079

146,907

165,570

177,890

180,588

194,550

208, 108

218, 130

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, 200
102, 618
62, 732

27, 258
113, 434
67,41fi

26, 692
118, 761
72,677

6,311

9,917

13,949

18,334

10,873

5,709

7,714

10,733

28,726

30, 187

42, 693

33, 465

52, 542

58, 580

52,544

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, 733
22, 299
7,510

23, 132
24, 580
10, 868

23,428
25, 393
3,723

1,109

888

1,509

1,124

-207

-2, 245

-2,099

-1,438

4,561

8,895

1,864

528

-2,304

251

-235

12,750

13,068

13,933

24,704

59,724

88, 630

96,523

82,836

30, 916

28, 612

36, 598

43,648

42,038

62,883

77,517

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

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, 139
18, 498
14, 244
4,254
3,882
241
19, 899

41, 113
37, 416
34, 020
3,396
4,113
416
21, 770

54,162
48, 931
46, 516
2,415
5,752
521
23, 355

5,286
6
7,470

7,763

defense production and economic stabilization, and promotion of merchant marine (before
1950). The "other national security" component of purchases is based on the Budget components: international security and foreign relations (other than military assistance), and




promotion of merchant marine (after 1949). For the years 1939 to 1946, the national security
purchases represent the series labeled "War" in the 1951 National Income supplement.

SUEVEY OF CUBKENT BUSINESS

12

July 1953

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

Personal income
Wage and salary disbursements
Total wage and salary receipts
Other labor income . . _ _ Proprietors' and rental income _
Dividends
Personal interest income
._ _ _
Transfer payments
Less: Personal contributions for social insurance

. . __..

1930

_ _ -- -

Equals: Personal saving

46 629

53 230

59 861

68 353

73 976

50, 165
50, 023

45 894
45, 747

38 886
38 735

30 284
30 132

28 825
28 673

33 520
33 363

36 508
36 346

41 754
41 574

45 948
45, 382

520
19, 738

515
15, 749
5 500
7,140
1 544
147

473
11, 834
4 098
7 022
2 673
151

400

2 596
5 980
2 193
157

428
12, 146
2 872
5 680
2 389
162

503
12 624
4 557
5 575
3 520
'l80

514
15, 389
4 693

1,263
1,380

2 507
1,134
1,373

82, 484

73, 688

78, 761

3,723

1929

Loss: Capital consumption allowances
-Depreciation charges
Accidental damage to fixed capital
Capital outlays charged to current expense
Equals: N e t national product

. __

-_

_--

_

_

1937

1936

49 274

1 858
607
1,251

416

7,429
2 574
6,571
2 152
152

7
2
6
2

372
225
066
180
113
152

8,698

5,580

2 418
566

1 455
331
1,124

1 464
474
990

1 595
595
1,000

1 888
827
1,061

2 258
1 130
1 128

2 921
1 723
1 198

62, 977

47, 819

45 165

51, 635

57 973

66 095

71 055

70, 789

61, 153

49, 208

46, 346

51, 882

56 215

62, 515

67, 121

2 899

1,824

—1 389

—1 181

—247

1,758

3 580

3 934

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

Gross national product

1935

64 835

2,643

Less : Personal consumption expend! tures

1934

1933

76 195

1 499
142

Equals: Disposable personal income

1932

85 127

5,823
7,524

Less: Personal tax and nontax payments
Federal
State and local

1931

1930

1932

1931

1935

1934

1933

1937

1936

103, 828

90, 857

75, 930

58,340

55, 760

64, 868

72, 193

82, 483

90, 213

8,816
7,553
413
850

8,747
7,653
389
705

8,312

7,663
6,950

7,245
6,608

7,218

7,972
6,838

237
455

7,369
6,577

7,684
6,607

275
362

95, 012

82, lie

67, 618

48, 515

57, 650

64, 824

74, 799

82,241

7,483

351
478

329
384

50, 677

6,526

236
556

381
696

304
830

Plus* Subsidies minus current surplus of government enterprises

— 147

-123

-49

-45

18

283

403

39

60

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy

7,003
587
-80

7,155
534
-705

6,859

6,768

659
1,235

7,815
641
864

8,190
594
-346

8,663

649
1,188

737
1,437

7,055

594
862

9,157
567

-1,050

87, 355

75, 003

58, 873

41, 690

39, 584

48, 613

56, 789

64,719

73, 627

2,597
1,398
472
243
0

-3,045

—5,381

-5, 998
382
1,047
278
0

-2,428

-1,619

-613
965

-284
1,411
-738
598
0

-8
1,512
-31
1,800
0

983
912
587

964
1,010
534

2,024

1,170
1,454
659

1,230
1,552
641

1,141
1,795
594

2,926

1,101

649

1,141
1,415
737

594

1,204
1,851
567

85, 127

76, 195

64, 835

49, 274

46, 629

53, 230

59, 861

68, 353

73, 976

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




_

- - _ ___

. .

848

3,260

253
0

500
2,414
262
0

1,084

524
-2, 143
285
0

746
-625
304
0

—227

333
0

SURVEY OF CURRENT BUSINESS

July 1953

13

Disposition of Income, 1929-52
[Millions of dollars]
1938

1939

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

122,721

150,286

165,892

171,927

177,724

191,000

209,494

205,867

226,706

254,327

269,660

1952

68,327

72,607

78,347

95,308

42, 812
42,258

45, 745
45, 149

49, 587
48,929

61, 708
60,907

81, 887
80, 721

105, 438
103, 599

117,117
114, 881

117, 659
115, 326

111, 257
109, 246

122, 044
119, 926

134, 327
132, 149

133, 401
131, 167

145, 537
142, 643

169, 810
166,393

183, 708
180, 119

512
14,046
3,195
6,482
2,834
554

535
14, 747
3,796
5,417
2,963
596

575
16, 280
4,049
5,395
3,119
658

589
20, 826
4,465
5,402
3,119
801

706
28,436
4,297
5,411
3,150
1,166

888
32, 840
4,493
5,495
2,971
1,839

1,302
35, 492
4,680
5,940
3,597
2,236

1,548
37, 503
4,699
6,672
6,179
2,333

1,901
41, 995
5,808
7,354
11,420
2,011

2,364
42, 424
6,561
7,922
11, 803
2,118

2,767
47, 257
7,250
8,786
11, 285
2,178

3,056
42, 125
7,469
9,644
12, 406
2,234

3,884
45, 450
9,125
10, 462
15, 142
2,894

4,325
50,674
9,208
11, 260
12, 467
3,417

4,738
01,154
9,107
11, 888
12, 861
3,796

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

20,873
18, 120
2,753

29,332
26, 179
3,153

34,645
31,089
3,556

65,465

70, 167

75,743

92,015

116,740

132,441

146,957

151,060

158,916

169,494

188,352

187,241

205,833

224,995

235,015

64,513

67,466

72,052

82,255

91, 161

102,244

111,550

123,079

146,907

165,570

177,890

180,588

194,550

208,108

218,130

952

2,701

3,691

9,760

25,579

30, 197

35,407

27,981

12,009

3,924

10,462

6,653

11,283

16,887

16,885

National Income, and Personal Income, 1929—52
1939

1938

[Millions of dollars]

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

329,822

84,683

91,339

101,443

126,417

161,551

194,338

213,688

215,210

211, 110

233,264

259,045

258,229

286,826

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

21,604
17, 943
616
3,045

76,691

83,238

93,003

117,123

151,570

183,658

201,801

202,800

198,947

218,419

241,433

238,858

265,222

24, 217
19, 702
909
3,606

305,605

1952

347,966
26, 961
22, 328
677
3,956

320,995

176

485

420

102

150

183

705

835

929

-75

-21

-12

378

408

63

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
-3, 186

21, 644
781
162

23, 729
837
402

25, 678
888
1,074

28,053
901
475

67,375

72,532

81,347

103,834

137,119

169,686

183,838

182,691

180,286

198,688

223,469

240,632

278,373

291,629

-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

13,604
18, 247
-4, 965
6,870
36

10,860
23, 595
-1,303
8,173
29

9,474
20, 635
1,004
8,643
-65

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, 724
14, 305
837

4,841
11, 579
888

4,861
11,960
901

68,327

72,607

78,347

95,308

122,721

150,286

165,892

171,927

177,724

191, 000

209,494

205,867

226,706

254, 327

269,660




216,259

SURVEY OF CURRENT BUSINESS

14

July 1953

Table 5.—Sources and Uses of Gross Saving, 1949-52

Table 7.—Consolidated Business Income and Product, 1949-52

[Millions of dollars]

[Millions of dollars]

Gross private saving___

_

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

_

1949

1950

1951

37, 044

41, 964

51,764

54, 734

6,653 11,283
8,821 13, 604
2 082 —4 965
16, 409 17^ 943

16, 887
10, 860
1 303
19 702

16, 885
9,474
1 004
22, 328

909
3,606
29
1,074

677
3,956
—65
475

518
2,444
—45
162

Accidental damage to fixed business capital
Capital outlay charged to current expense
Excess of wage accruals over disbursements
Statistical discrepancy
._
Gross investment

33 993

Gross private domestic investment
Net foreign investment
Government deficit (+) or surplus (— ) on income and
product transactions
Federal... ___ ._
State and local

616
3, 045
36
402

1952

1949

50 238

58 831

52 309

33, 465 52, 542
528 —2 304

58 580
251

52, 544
—235

3 051 —8 274

7 067

2 425

2,034 -9, 584 —7, 453
1,017
1 310
386

2, 360
65

Liquid saving (SEC estimates)1
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 2
Less: Increase in government insurance
pension reserve
--

and

On account of unincorporated enterprises other than
farms:
Increase in inventories
New construction and producers' durable equipment
Less: Depreciation 2
__
Less' Increase in bank and mortgage debt
Less: Increase in net payables to other corporations and financial intermediaries
Less: Increase in government insurance and
pension reserve
On account of farms:
Increase in inventories
__.
New construction and producers' durable equipment

1951

3.04

1.59

12.03

14.44

4.22
1.51

5.71
2.10

7.10
3 14

6 05
3.71
2.34

5.03
3.94
1.08

8.23
4 04
4.19

9.38
4.79
4.59

2 90
1 24
60
1 06

1 11
— 67
.48
1 30

2 78
— 67
32
3 13

4 55
— . 19
.94
3 80

-7.15
—3 22

-6.40
— 54

-5.98
—3. 78

8 54

9 09

5 38

2 77

11.33
1.29

10.15
1.38

10.36
1.27

2 47

2 78

3 07

3 26

2 34

1.08

4.19

4.39

— 11

1 64

70

37

5 07

7 30

6 98

6.56

2 96
2 05

3.41
5 90

3.72
.80

4.23
.25

— 05

.85

—.64

1.54
.21

-.87

.92

1.24

.65

4.67

5.38

5.72

5.6s

3 76

4.20

4.71

4.96

.19

.30

.28

.33

.41

.81

.95

.29

Equals: Liquid saving plus adjustment to personal
saving concept

5.80

10.13

21.12

19.81

Personal saving

6.65

11.28

16.89

16.88

—.85

— 1.15

4.24

2.93

Less: Depreciation 2
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

Difference due to errors and omissions

1. Excludes Armed Forces Leave Bonds amounting to $0.12 billion in 1949, $0.10 billion in
1950, $0.15 billion in 1951, and $0.04 billion in 1952.
2. 1950-52 depreciation estimates adjusted to include accidental damage to fixed capital.
Estimates for prior years have not yet been revised to include this adjustment.
Source: Securities and Exchange Commission.




230, 978 256, 924 292, 557

306, 656

189, 008
115,087
109, 934
109, 979

210, 730
126, 599
119,948
119,912

241, 108
145, 195
137,519
137, 490

250, 329
155,556
147, 501
147, 566

-45
5,153

36
6,651

29
7,676

-65
8,055

2,414
2,739

3,142
3,509

3,723
3,953

3,709
4,346

34, 405 36, 977
21, 629 23, 629
20, 998 24, 877
631 -1,248
12, 776 13, 348
8,473
7,720

41,581
26, 091
26, 490
-399
15, 490
9,093

41,115
26,315
26, 062
253
14, 800
10, 039

28, 348 34, 920 41,055
26, 266 39, 885 42, 358
10,817 18, 247 23, 595
15, 449 21, 638 18, 763
7, 156
8,738
8,791
8,293 12, 900
9,972
2, 082 -4,965 -1,303
3,448
3,761
4,184

39, 060
38, 056
20, 635
17, 421
8, 762
8, 659
1,004
4,559

22, 599
Adjustments to business net product
Indirect business tax and nontax liability
_ 21, 644
Business transfer payments
781
Statistical discrepancy
...
162
Less: Subsidies minus current surplus of govern-12
ment enterprises

24, 590
23, 729
837
402
378

408

63

19, 371

21, 604

24, 217

26,961

Capital consumption allowances

27, 232
25, 678
888
1,074

29, 366
28, 053
901
475

Table 8.—Government Receipts, 1949-52
[Millions of dollars]

1949

1950

1951

_ . _ __

56, 824

69,719

86, 778

91,976

- - -

39, 466

50, 534

65,508

68, 829

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

19, 829
19, 108
659

27, 979
27, 148
751

33, 225
32, 303
850

57
2,368
16, 159

62
1,709
18, 120

80
1,800
26, 179

72
2, 136
31, 089

Corporate profits tax accruals
10, 212
Indirect business tax and nontax accruals before re8,230
funds
- Excise taxes
7 561
2 204
Liquor
1,320
Tobacco _ _
- 4,037
Other
Customs duties
381
Capital stock tax _
288
Nontaxes
72
Less Tax refunds
Equals: Indirect business tax and nontax accruals- _ _ 8, 158
Contributions for social insurance
4,937

17, 475

22, 713

19, 815

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

9,598
8 677
2 459
1,447
4,771
591

10, 534
9 580
2 726
1,663
5, 191
582

298
67
9,032
5,907

330
68
9,530
7,086

372
68
10, 466
7,459

19, 586

21, 524

23, 700

25, 730

2,467
667
172
288
211
184
945
605

2,753
712
178
326
Til
209
1,101
772

3, 153
838
206
362
245
220
1,282
882

3 556
920
214
405
264
245
1, 508
820

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

14, 697
4,317
1,828
1, 625
442
422
460
7,143
2,119
658
963
2,339

16, 148
4,816
2,119
1,790
463
444
514
7,695
2, 335
788
1,087
2,430

17 587
5,225
2, 347
1,984
436
458
554
8,301
2, 575
932
1,184
2,583

Total receipts
Federal

7.04
1.09

302, 933
207, 383
43, 688
48, 821
3,041
3,723

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

1952

-1.27
1.48

Liquidation of mortgage debt on nonfarm dwellings- -3.83
Liquidation of debt, not elsewhere classified—2 30
Adjustments of liquid saving to Department of Commerce personal saving concept

1950

306, 656

Income originating in business
Compensation of employees..
Wages and salaries-.
___ _
Disbursements
Excess of wage accruals over disbursements-.
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
Rental income of persons . _.

[Billions of dollars]

1952

233, 460 249, 414 281, 689
172, 540 185, 530 198, 191
_ 20, 397 17, 741 32, 432
35, 947 45, 032 47, 712
3, 354
1,111
4 576
-2, 482
7,510 10, 868

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, 1949-52

1949

__

1951

230,978 256,924 292, 557

Business gross product
Consolidated net sales
To consumers
To government. _ _ _ _ ._
To business on capital account
To abroad
Change in inventories

1950

.

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

--

--

1952

SURVEY OF CURRENT BUSINESS

July 1953

Table 9.—Government Expenditures, 1949-52

15

Table 11.—Transactions of the Rest of the World with the United
States, 1949-52

[Millions of dollars]

[Millions of dollars]

1949

1950

1951

59, 875

61, 445

79,711

94, 401

41,500

40, 950

58, 055

71, 189

1952
1949

Total expenditures _
Federal

-

___

__

_

-

Purchases of goods and services.
_
25, 449
Compensation of employees
9,972
N e t purchases from business
_ . _ _
11, 643
New construction.
.-. _
_ _ . _ 1,488
10, 238
Other
Less: Domestic sales of surplus consumption
83
goods
Net purchases from abroad
_
3,834
Purchases from abroad
4, 146
Less* Sales to abroad
__ .
312

22, 139
10, 703
7,992
1,625
6,413

41, 113
16, 192
21, 732
2, 954
18, 839

54, 162
18 688
32, 558
4, 164
28, 458

46
3,444
3,639
195

61
3,189
3,544
355

64
2,916
3, 373
457

Transfer payments

10, 885

8,674

8,886

8,757

Grants-in-aid to State and local governments __

2,228

2,339

2,430

2,583

Net interest paid
Interest paid
_
Less* Interest received

4,327
5,611
1,284

4,431
5,804
1,373

4,558
5,996
1,438

4,589
6,290
1,701

__ _

Subsidies less current surplus of government enterprises
State and local

Net purchases from
Purchases from
Sales to United
Net purchases from
Purchases from
Sales to United

1,067

15
211
313
528

United States Government. _ -3, 834 -3, 444 -3, 189
United States Government- _
312
195
355
States Government
3, 639
4,146
3,544
United States persons
— 1,281 — 1,294 — 1 529
United States persons
42
30
30
States persons
_
1,323
1,324
1,559

-2, 916
457
3,373
— 1 839

Net capital movement to the United States
Long-term
Short-term
Change in gold stock
Errors and omissions

._ _

-528
_ -1, 126

__ _

-251

-321

-1, 646

235
—982
1 000
—379

1,280

969
25, 795

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

19, 899
10, 150
9,749
5, 375
4,374

21, 770
11, 070
10, 700
6,377
4,323

23, 355
12 225
11, 130
6,662
4,468

Table 12.—National Income by Legal Form of Organization, 1949-52

2,868

3,420

2,905

3,074

[Millions of dollars]

287
589
302

293
624
331

283
656
373

272
696
424

751

778

872

906

[Millions of dollars]

1949

1950

1951

1952

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

5,907
2,448
3,459
396
3,063

7,086
2,903
4,183
463
3,720

226

338

388

7,459
3,028
4,224
472
3,752
207
315

4,711
853

5,569
884

6,698
887

7,144
1,008

5,564
3,495

6,453
6,101

7,585
4,361

8, 152
4,793

2,069

352

3,224

3,359

Contributions for social insurance
- Employees
_ ._
_
_ __
Employer (Government and Government enterprises)1
Less' Transferred to general government
_ _ _ -

800
378
422
17

963
446
517
19

1,087
514
573
19

1,184
561
623
19

Equals" Retained by social insurance funds
Plus: Investment income
- --

783
115

944
133

1,068
154

1,165
183

Equals' Net receipts
Less* Benefit payments

898
356

1,077
398

1,222
466

1,348
527

Equals' Surplus (~\~) or deficit ( — )

542

679

756

821

Federal
-_
_
_ _ _

.

-._ _

State and local

1. Includes contributions by private employers to State cash sickness compensation funds
as follows, in millions of dollars: 1949, 2; 1950, 7; 1951, 3; 1952, 3.




2,304

32

1,871

24, 086

Table 10.—Social Insurance Funds, 1949-52

-- . _

25
294
345
815

— 1 714
3 041
15, 166
12 125

—23

726

— 164

1,743

785

156

1949

1950

912
-53
536

1951

596

1952

216 259 240 632 278 373

291 629

189, 008 210, 730 241, 108
116, 490 132 400 153 197
87, 447 96, 855 111,513
83, 048 91, 146 104, 949
6,743
76, 305
5,709
6,564
4,399

250, 329
159 047
119 413
112,515

28, 348 34, 920 41, 055
26, 266 39, 885 42, 358
10, 817 18, 247 23, 595
15, 449 21, 638 18, 763
2,082 —4, 965 —1, 303
629
625
695

39, 060
38, 056
20, 635
17,421
1,004
574

62, 864
25, 492
24, 711
781

70, 957
28, 939
27, 999
940

72, 512
30, 889
29, 915
974

34, 230 36, 802
21, 454 23, 454
20, 823 24, 702
631 -1,248
12, 776 13, 348
521
570

41, 396
25, 906
26, 305
-399
15, 490
622

40, 908
26, 108
25, 855
253
14, 800
715

11, 744
1, 617
1,561
56

12, 959
1, 745
1,680
65

14,179
1,968
1,895
73

15, 650
2, 134
2,056
78

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

175
8,473
2,566
2,507
2,507
2,411
96

185
9,093
2,933
2,775
2,775
2,676
99

207
10, 039
3,270
3, 120
3,120
3,015
105

Income originating in general government _
19,417
Compensation of employees
_ 19, 417
Wages and salaries
18, 064
Supplements to wages and salaries
1, 353
Employer contributions for social insurance. _ 1,072
281
Other labor income

20,853
20, 853
19, 711
1,142
812
330

27, 262
27, 262
25, 957
1,305
981
324

30, 913
30, 913
29, 487
1,426
1,085
341

6,767
5,396
5,343
53
17
36

7,726
5,964
5,897
67
22
45

8,388
6,442
6,342
100
52
48

8,908
6,734
6,630
104
53
51

1,371

1,762

1,946

2,174

1,067

1,323

1,615

1,479

17
1,091
215

21
1,305
289

25
1,160
294

National Income

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

Equals: Surplus (-}-) or deficit ( — )

21
289
417
888

-539 —3, 627 — 1 364
1,111
4,576
3,354
12, 312 11, 190 15, 660
7,736 10 079 12 306

United States
United States business
United States business _ States business

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 tax
Inventory valuation adjustment
Net interest
_..

Equals' Net receipts
Less' Benefit payments

—235
1,479

1,156

Less: Current surplus of government enterprises

Equals: Retained by social insurance funds
Plus' Investment income

17
215
387
704

251
1,615

22,834

__

Contributions for social insurance
Employee contributions
Employer contributions
Government and Government enterprises
Private
Self-employed persons' contributions
Less* Transferred to general government

1,323

1952

739

Transfer payments
Net interest paid
Interest paid
Less' Interest received

Net payments of factor income _ _
Wages and salaries
Interest.
__ _
Dividends
Branch profits
_ -

1951

20, 603

-

Compensation of employees
Purchases from business
New construction
Other

528 -2,304

Net current payments to the United States

Net purchases from the
Net purchases from
Purchases from
Sales to United

1950

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

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
.
_ _
Net interest

-

- -

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

_
_ _

58, 394
23, 643
23, 026
617

15
841
211

6,898

SUEVEY OF CUERENT BUSINESS

16

July 1953

Table 13.—National Income by Industrial Origin, 1949-52
Table 14.—Wages and Salaries, by Industry, 1949-52
Table 15.—Supplements to Wages and Salaries, by Industry, 1949-52
[Millions of dollars]
Table 13.— National income

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

__
_
_

Table 14.— Wages and salaries

1949

1950

1951

1952

1949

1950

1951

1952

216,259

240, 632

278, 373

291,629

133,356

145,573

169,839

16,789
16, 274
321
51
143

17, 384
16, 832
336
55
161

19, 906
19, 305
392
59
150

19, 296
18, 651
441
58
146

3,169
2,886
154
46
83

3,057
2,754
161
49
93

3,286
2,954
193
52
87

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

5,202
726
276
1,716
1,988
496

6,010
899
285
1,900
2,352
574

5,984
942
265
1,653
2,529
595

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

Table 15.— Supplements to wages
and salaries
1949

1950

1951

183, 643

6,559

7,860

9,081

9,585

3,331
2,972
222
52
85

15
10
4

19
11
6

34
27
5

37
29
6

1

2

2

2

3,638
467
224
1,255
1,287
405

195
16
15
111
45
8

282
21
21
174
54
12

314
26
23
191
61
13

307
29
24
172
69
13

1952

Contract construction

10,441

11,962

14, 133

14,812

6,939

7,911

9,784

10,647

319

398

501

519

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
4,125
3,253
1,804

74, 800
6,653
540
4,599
3,281
2,393

88, 887
6,840
572
5,233
3,710
2,737

90, 647
7,534
580
4,601
3,843
2,479

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

63,004
5,376
267
3,585
3,194
1,864

2,286
218
15
128
135
49

3,188
255
18
175
165
70

3,765
279
22
187
187
84

3,994
285
24
175
184
80

1,657
2,202
3,412
4,627
2,838

1,978
2,696
3,599
5,312
3,146

2,224
3,368
3,955
6,515
3,937

2,206
3,187
4,130
6,449
3,617

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

1,785
2,000
3,226
3,501
1,209

47
78
97
175
202

63
98
114
221
188

70
109
122
260
207

69
117
123
287
224

978
1,100
2,089
7,629
2,138
6,314
3,414
1,908
4,931
1,828
40,940
11,659
29,281
18, 929
2,614
201
730
2, 123
1,227
12,034
11,853
6,366
564
760
2,321
753
341
203
545
6, 572
2,661
262
3,537
112
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

1,060
1,143
2,663
10, 109
2,478
7,530
4,599
2,066
6,638
2,317
43,555
12, 358
31, 197
20,964
2,939
356
818
2, 085
1,384
13, 382
13,291
7,150
560
756
2,812
743
424
260
586
7,241
2,980
311
3,836
114
22,328
1,277
2,815
4,313
201
2,099
846
836
732
4,292
1, 622
849
1,088
515
843
23,360
10, 703

1,686
1,335
3,062
12, 402
3,151
10, 182
5,447
3,352
6,413
2,766
48, 593
15, 007
33, 586
22,849
3,270
328
996
2,181
1,503
14,571
14,888
7,762
581
809
3,163
971
542
327
733
8,065
3,303
374
4,266
122
24,321
1,364
3,013
4,741
191
2,364
1,109
847
753
4,623
1,691
1,047
1,107
552
919
30,037
16, 192

1,796
1,354
2,865
11, 474
3,150
10,889
6,168
4,902
6,498
2,925
50,771
15, 804
34, 967
24,977
3,636
287
1,135
2,312
1,619
15,988
15,525
7,826
583
838
3,485
1,035
629
358
771
8,937
3,651
404
4,742
140
26,038
1,444
3,150
4,943
182
2,636
1,263
839
783
5,005
1,744
1,280
1,173
593
1,003
34,033
18, 688

58
51
207
666
104
382
297
147
312
114
1,122
381
741
398
161
12
32
93
29
71
704
439
20
35
97
42
28
12
31
443
237
11
193
2
3%
38
66
14
5
77
20
31
21
40
6
15
16
26
21
1,404
713

61
53
105
705
108
412
340
203
319
120
1,148
393
755
436
179
12
37
104
30
74
719
439
21
3&
102
41
35
14
31
477
254
11
210
2
417
40
65
13
5
86
22
31
20
44
6
18
18
29
20
1,531
757

2,057
11,070

2,312
12, 225

72
435

85
524

86
592

91
669

590
458

628
545

718
684

808
609

1,028
1,013
1,993
8,208
1,912
7,010
3,785
2,849
3,593
1,959
30,021
9,958
20, 063
6,053
1,563
327
545
1,821
663
1,134
11,270
5,974
547
602
2,337
669
376
131
634
4,643
2,226
295
2,060
62
14, 260
908
1,911
2,873
130
1,566
473
668
589
1,973
352
591
846
486
894
28,633
15, 479
6,839
8,640
0
1,971
10,478
4,574
5,904
0
705
21
141, 185

51
47
88
550
90
284
239
83
291
98
1,014
337
677
367
149
12
30
80
28
68
621
395
19
34
82
32
25
9
25
408
216
9
181
2
325
35
58
3
6
66
16
30
20
18
6
11
15
24
17
1,238
618

1,879
10,150

882
1,001
1,680
6,645
1,634
5,211
2,994
1,674
3,248
1,682
27, 337
8,742
18, 595
5,523
1,399
301
483
1,644
610
1,086
9,794
5,199
530
566
2,015
556
313
116
499
4,212
2,023
249
1,881
59
13,036
859
1,809
2,636
133
1,372
361
652
569
1,773
325
427
845
453
822
22, 122
10, 085
5,086
4,999
0
1,794
9,626
4,167
5, 459
0
617
17
123,434

30
40
66
286
66
226
194
71
94
69
818
265
553
313
133
8
31
62
20
59
561
378
16
31
60
26
19
9
22
348
188
8
151
1
270
29
48
3
5
53
14
27
17
16
4
10
12
19
13
1,434
918

1,790
9,445

761
933
1,465
5,630
1,386
4,653
2,529
1,655
2,681
1,431
25,585
8,137
17, 448
4,993
1,300
232
425
1,512
546
978
9,275
4,997
544
573
1,698
576
298
121
468
4,036
2,000
219
1,759
58
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

9

11

13

14

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
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 e
Insurance carriers
_ _.
Insurance agents and combination offices
Real estate
- --Transportation
:
Railroads
Local railways and bus lines
Highway passenger transportation, n. e. c
\Vater transportation
Air transportation (common carriers)
_ - __ _
Pipeline 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
__
Aliscellaneous repair services and hand trades
Motion pictures
_\musement and recreation, except motion pictures
Medical and other health services
Legal services
Engineering and other professional services, n. e. c
Educational services n e e
Religious organizations
Nonprofit membership organizations, n. e. c
Government and 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




_ --

-

1,120
1,095
1,982
8,710
2,040
7,765
4,378
4,083
3,680
2,144
31,775
10, 591
21, 184
6,543
1,729
325
624
2,006
706
1,153
11,764
5,991
548
628
2,591
730
462
145
669
5,113
2,473
328
2,243
69
15,301
965
2,006
2,854
122
1,766
538
684
618
2,211
390
765
882
522
978
32,502
17,931
7,556
10, 375
0 i
2,221
11,556
5,057
6,499
0
794
25
151,116

SURVEY OF CURRENT BUSINESS

July 1053

17

Table 16.—Income of Unincorporated Enterprises, by Industry, 1949-52
Table 17.—Corporate Income Before Federal and State Income and Excess Profits Taxes, by Industry, 1949-52 1
Table 18.—Federal and State Corporate Income and Excess Profits Tax Liability, by Industry, 1949-52
[Millions of dollars]
Table 16.—Income of unincorporated
enterprises

Table 17. — Corporate income before
taxes 1

Table 18.- Tax liability

1949

1950

1951

1952

1949

1950

1951

1952

1949

1950

1951

1952

33, 774

38,225

41,980

40,862

27, 107

40,976

43,663

39,216

10,817

18,247

23, 595

20,635

12, 999
12, 776
161
4
58

13, 585
13, 348
167
4
66

15,748
15, 490
192
5
61

15,074
14, 800
211
4
59

162
162

225
225

261
260

214
213

73
71

106
102

143
139

114
110

0
0

1
-i

1
0

1
0

1
1

4
0

4
0

4
0

208
4
46
139
12

264
13
5
63
170
13

296
17
5
60
200
14

282
15
4
50
200
13

1,127
206
17
144
631
129

1,606
384
22
214
821
165

1,798
451
18
228
926
175

1,715
441
12
176
921
165

299
54
5
48
149
43

481
116
7
75
219
64

592
166
5
75
271
75

570
168
6
65
268
63

2,578

3,234

3,398

3,202

532

551

471

429

221

261

255

221

S28
130
22
132
107

1,432
145
2
38
170
229

1, 350
104
2
30
130
201

1, 134
100
2
15
125
149

14, 989
1,551
277
694
165
270

24, 193
1,849
302
1,274
291
626

26, 336
1,615
308
1,104
22S
578

21,891
1,543
297
566
254
376

5,935
657
110
306
92
107

11,075
847
141
575
135
266

15, 189
875
176
607
132
284

12,068
853
176
313
132
165

43
5
135
40
3

92
9
147
76
5

81
11
154
74
5

60
8
145
64
4

176
559
527
1, 665
1,544

330
1, 008
574
2, 764
2,052

346
1, 429
736
2,990
2,621

273
1, 035
676
2, 515
2,163

81
231
216
673
340

151
466
262
1,342
582

212
919
425
1,906
918

173
626
387
1, 505
573

Rubber products
Leather and leather products
_ _ __
Stone, clay, and glass products
_ _ _ _ _ _ _ _ _ _
Iron and steel and their products including ordnance
Nonferrous metals and their products

1
14
40
59
29

1
21
70
95
47

1
15
69
109
54

1
18
57
83
41

140
96
518
1,682
467

408
163
852
2,954
910

554
125
922
3,597
1,122

432
149
732
2,165
872

57
46
205
684
196

196
74
406
1,400
431

353
75
553
2,185
664

270
69
488
1,128
466

Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles- _
Automobiles and automobile equipment
Miscellaneous
__

97
14
3
7
45

156
28
8
10
83

179
26
10
8
87

142
25
12
8
75

1,405
715
202
2,109
227

2,094
1,439
370
3,356
577

2,869
1,478
430
2,651
633

2, 647
1,444
624
2,583
545

587
299
93
855
100

969
701
170
1,685
276

1,749
896
238
1,621
401

1,607
857
368
1,563
349

9,304
1,178
8,126

11, 172
1,419
9,753

12, 030
1,740
10, 290

11, 472
1,609
9,863

3,960
1,525
2, 435

6,406
2, 908
3,498

6,218
3,175
3,043

5,763
2,846
2,617

1,638
651
987

2,764
1,259
1,505

3,153
1,649
1,504

2,891
1,439
1,452

1,025
5
55
54

1,280
6
160
65

1,319
6
121
74

1,403
7
100
84

617
294

691
358

753
365

822
390

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

2, 885
1,538
-42
369
377
67
576

3,216
1,790
-44
459
282
71
658

3,520
2,015
-48
528
225
75
725

1,241
541
7
178
217
25
273

1,423
653
13
238
161
35
323

1,686
831
14
288
110
42
401

1,923
1,010
14
331
91
45
432

508
0
3
88
392

588
0
3
91
467

670
0
4
95
539

727
0
4
96
590

1,143
677
-8
54
152

2, 044
1,342
2
55
232

1,938
1,094
0
66
168

1,994
1,132
0
65
176

496
289
28
62

922
590
4
30
103

1,003
547
4
37
96

1,033
593
4
38
99

12
0
0
13

13
0
0
14

15
0
0
17

18
0
0
19

137
20
67
44

145
89
128
51

246
139
174
51

249
132
188
52

61
10
25
19

70
42
58
25

124
71
97
27

111
62
98
28

20
7
2
0
11

22
7
3
0
12

22
7
3
0
12

25
8
4
0
13

1,720
343
33
1,317
27

2,237
629
50
1,530
28

2,514
718
64
1,702
30

2,841
806
61
1,937
37

674
135
16
511
12

967
281
25
648
13

1,286
368
33
867
18

1,499
421
31
1,025
22

6,204
218
810
21
470
431

6,648
248
890
24
500
454

7,147
277
980
23
535
595

7,543
286
1,021
22
565
679

531
95
63
35
138
10

516
92
57
37
166
12

537
95
57
32
193
18

559
102
57
32
226
21

240
42
25
17
59
5

248
44
25
20
76
6

288
52
30
19
105
9

316
57
31
19
130
12

48
93
2,379
1,195
355
184

42
93
2,493
1,295
417
192

43
96
2,603
1,339
448
208

41
96
2,741
1,354
504
234

145
45

109
43

100
42

79
42

66
26

52
25

49
24

43
24

232

313

374

290

All industries, total

__

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

___ _
_ __
_ - __ __
-

_

- _

_

Contract construction
IVtanufacturing
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 a n d allied products
_ ___________
Printing publishing and allied industries
Chemicals and allied products
- _ _ _ _
Products of petroleum and coal

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)
Pipeline transportation
_
_
Services allied to transportation
Communications and public utilities
__
_
Telephone, telegraoh, and related services
Radio broadcasting a n d television,
___ _ _ . _
Utilities: electric and gas
Local utilities and public services, n. e. c
Services _ ___
__ _
_
_ _ _ __
_ _
Hotels and 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 picturesMedical and other health services
Legal services. _
___
Engineering and other professional services, n. e. c
Educational services, n. e. c
_
Rest of the world

_

_.

1. 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

259682°—S3
3



charges are not deducted in arriving at corporate income for national income purposes.
has an important bearing on the data for the mining industries.

This

SURVEY OF CURRENT BUSINESS

18

July 1953

Table 19.—Corporate Income After Federal and State Income and Excess Profits Taxes, by Industry 1949-52 l
Table 20.—Net Corporate Dividend Payments, by Industry, 1949-52
Table 21.—Undistributed Corporate Income, by Industry, 1949-52
[Millions of dollars]
Table 19. — Corporate income after
taxes i

All industries, total
Agriculture, forestry, and fisheries
Farms.
Forestry
Fisheries

_

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

_ _

_
_ __ _
_
__

_____

Table 21.— Undistributed corporate
income

Table 20.— Corporate dividend
payments

1949

1950

1951

1952

1949

16, 290

22, 729

20, 068

18,581

7,469

89
91
-1
-1

119
123
g

118
121
-3
0

100
103
-3
0

53
51
2
0

828
152
12
96
482
86

1,125
268
15
139
602
101

1,206
285
13
153
655
100

1,145
273
6
111
653
102

338
92
8
51
154
33

1950

1952

1949

1950

1951

9,107

8,821

13, 604

10, 860

9,474

64
61
3
0

36
40
-3
-1

58
65
-6
-1

31
37
-6
0

36
42
-6
0

456
133
3
58
209
53

490
60
4
45
328
53

671
138
10
86
378
59

755
149
9
93
448
56

689
140
3
53
444
49

1951

1952

9,125

9,208

61
58
3
0

87
84
3
0

454
130
5
53
224
42

451
136
4
60
207
44

311

290

216

208

62

68

73

76

249

222

143

132

9,054
894
167
388
73
163

13,118
1,002
161
699
156
360

11,147
740
132
497
96
294

9,823
690
121
253
122
211

3,939
404
89
203
43
67

4,802
429
92
233
46
89

4,586
403
91
238
45
95

4, 433
376
95
192
42
84

5,115
490
78
185
30
96

8,316
573
69
466
110
271

6,561
337
41
259
51
199

5,390
314
26
61
80
127

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

95
328
311
992
1,204

179
542
312
1,422
1,470

134
510
311
1,084
1,703

100
409
289
1,010
1,590

41
131
124
455
521

57
170
122
572
466

55
191
120
499
572

64
199
113
500
503

54
197
187
537
683

122
372
190
850
1,004

79
319
191
585
1,131

36
210
176
510
1,087

Rubber products - _ _ - _ _ _ . _ _ _ _ _ - .
Leather and leather products
Stone clay and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products
_
_

83
50
313
998
271

212
89
446
1, 554
479

201
50
369
1,412
458

162
80
244
1,037
406

37
37
125
381
141

35
37
151
538
158

45
34
140
523
187

40
36
145
511
183

46
13
188
617
130

177
52
295
1,016
321

156
16
229
889
271

122
44
99
526
223

818
416
109
1,254
127

1,125
738
200
1,671
301

1,120
582
192
.,030
232

1,040
587
256
1,020
196

341
190
85
461
63

406
258
95
754
94

408
251
82
518
89

432
254
81
495
88

477
226
24
793
64

719
480
105
917
207

712
331
110
512
143

608
333
175
52

25322
874
1,448

3,642
1,649
1,993

3,065
1, 526
1,539

2,872
1,407
1,465

854
325
529

1,005
399
606

1,025
394
631

976
369
607

1,468
549
919

2,637
1,250
1,387

2,040
1,132
908

1,896
1,038
858

1, 470
832
-57
72
358
31
234

1,462
885
-55
131
216

1,530
959
-58
171
172
29
257

1,597
1,005
-62
197
134
30
293

658
347
••
40
49
17
206

812
397
-2
126
59
22
210

849
425
-2
149
61
22
194

889
448
2

812
485
-56
32
309
14
28

650
488
-53
5
157
10
43

681
534
-56
22
111
7
63

708
557
-60
35
71
7
98

647
383
-10
26
90
70
10
42
25

1,122
752
2

935
547
—4
29

272
154
5
25
21
33
4
18
12

369
200
5
24

12

375
234
-15
1
69
43
6
24
13

753
552

39
10
51
13

366
212
6
28
33
36
13
20
12

380
217
10
26

122
68
^7
24

961
539
-4
27
77
138
70
90
24

1
102
36
37
19
13

569
3315
— 10
1
39
86
55
51
12

581
322
-14
1
41
102
57
60
12

1, 0-16
208
17
800
15

1, 270
348
25
882
15

1, 228
350
31
835
12

1,342
385
30
912
15

831
201
8
611
11

1,030
251
18
7*8
13

1, 218
289
19
895
15

1,361
340
23
984
14

215
7
9
195
4

240
97
7
134
2

10
61
12
-60
g

-19
45
7
-72
1

291
53
38
18
79

2G8
48
32
17
90

249
43
27
13
88

243
45
26
13
96

149
17
14
7
85

137
20
14
8
36

136
16
15
8
39

127
15
13
8
43

142
36
24
11
44

131
28
18
9
54

113
12
5
49

116
30
*'?
53

5
79
19

6
57
18

9
51
18

9
36
18

1
60
15

2
41
16

9

39
17

2
28
18

4
19
4

4
16
2

7
12
1

8
0

232

313

374

290

313

387

417

345

-81

-74

-43

-55

Contract construction
Manufacturing
Food and kindred products
_._
Tobacco manufactures
Textile-mill products-- __
_
Apparel and other finished fabric products.Lumber and timber basic 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, D. e. c
_
Insurance carriers
insurance acerits and combination offices
_
Real estate
_
__ _
_ _ _ _ _ _ _ _ _
Transportation
Railroads
Loc'il r lilvvaj s aiicl bu^ lines
Highway fp^son.er
tr-in
portntion,
n.
e.
c
lligh\vti\ 1i e 7i T ht tra'is T )orta,i ion and warehousing
"Winter liQP -' ort'ition
./iir 1 1 ci'iiMMi^laiion (common cjTiers)
1 iptline ti msportation
S( i Mces allied to transportation _
_
Con;n:!an'cationt» and public utilities Q
Tcleph
>no telegraph and related f-rvices
Radi' v broadcasting and television
futilities el(K trie and g^s
Loc >] utilities- und public services, n. e. c

.__

Services
Hotels
'ind other lodgirr* pli< r o b
]>{}fc Oii;ii ^cr rii_ps
Commercial and trade schools raid employment agencies
Business ^er\ ices n e. c
Miscellaneous repair s^rvi^es and hand trades
Motion pictures
Amusement and recreation except motion pictures
Rest o*" the world

_ _

_

__ _

_ _ _ __ ... _
. __

253

129
75
47
70
26

1. 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




162
63
23
195

36
13

108:

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 1953

19

Table 22 A .—Inventory Valuation Adjustment, by Industry—Corporations, 1949-52
Table 22B.—Inventory Valuation Adjustment, by Industry—Unincorporated Enterprises, 1949-52
Table 23.—Net Interest, by Industry, 1949-52
[Millions of dollars]
Table 22 A.—Corporate inventory
valuation adjustment

1950

1949

All industries, total

2,082

-4,965

1951

Table 22B.— Unincorporated inventory
valuation adjustment

1952

-1,303

1950

1949

1,004

631

1951

-1,248

-399

1952

_
_

. ...

76
22
2
10
34
8

-111
28
-5
-18
-48
-12

-10
-3
0
-2
-4
-1

1
0
0
0
0

17
1
0
4
11
1

1

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

0
0
2
-3
0

1950

1949

253

Agriculture forestry, and fisheries
Farms
__
-Agricultural and similar service establishments...
Forestry
_ __
Fisheries _
_ ..
Mining
_
Metal mining
Anthra p ite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrving

Table 23— Net interest

5,030

1951

5,738

1952

6,419

7,027

444
440
2
1
1

498
494
2
1
1

577
574
2
1
0

640
637
2
I
0

0
0
0
0
0
0

22
-7
0
-2
31
0

32
-9
1
0
40
0

36
-9
2
0
44
-1

41
-10
1
0
51
-1

32

-73

-16

1

32

-73

-16

1

9

14

11

13

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

1,166
165
-8
120
63
31

-3,182

-264
-21
-456
-244
-105

-758
-300
-34
211
87
14

684
179
-36
257
74
2

62
12
0
4
11
9

-162
-17
0
-11
-42
-33

-17
-16
0
4
12
4

39
13
0
6
12
2

5
32
20
-4
-2
8

-77
31
20
-2
0
5

-76
38
23
-4
-1
5

-99
38
26
-3
0
6

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

33
98
1
332
112

-106
-99
-40
-373
-102

10
-94
-51
44
-33

12
30
-29
116
12

2
1
-1
7
0

-12
0
-3
-5
0

-1
-3
-4
1
0

3
3
-3
1
0

2
-3
-4
-21
20

3
-4
-7
-28
5

3
—4
-8
-30
7

4
-6
-8
— °5
5

Rubber products
Leather and leather products
Stone, clav, and glass products ___ .
__
Iron and steel and their products, including ordnance
Nonferrous metals and their products

40
16
-1
-25
179

-285
-85
-25
-121
-193

42
125
-25
-166
-40

179
38
-9
-169
84

0
1
1
-1
11

0
-4
-1
-3
-10

0
6
o
-4
-2

0
1
0
-5
4

6
0
0
-2
0

3
0
__i
-11
0

3
0
-2
-8
1

3
0
—2
-15
1

Machinery except electrical
Electrical machinery
Transportation equipment except automobiles
Automobiles and automobile equipment
Miscellaneous

-62
-34
-16
70
52

—186
-88
56
-218
-115

-227
-122
69
-97
-33

-48
_2
-4
-33
31

-1
0

1

2
3

-4
-1
-1
o
-13

-5
-3
-1
-1
-2

0
-1
0
0
3

4
-4
-8
-32
1

25
-12
-12
-47
5

-26
-14
-14
-53
8

—29
-16
-16
-59
7

745
424
321

-1,426

-462

369
254
115

520
116
404

-986
-225
— 761

-361
58
-303

213
63
150

8
14
-6

38
36
2

25
44
-19

31
48
-17

2,167
-197
-44
-30

2,436

Contract construction

_,_

_

Wholesale and retail trade
Wholesale trade
Retail trade and automobile services

-859
-567

—233
-229

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. __
34
28
1
1
1

-89
-72

Water transpor tation
Air transportation (common carriers)
Pineline transportation..
Services allied t o transportation. _ _ _ _ _ _ _

1
1
1
0

_9
q

_

29
6
0

_.

99
1

Services
Hotels and of her lodgin0* places
Pern PP! serv'ces
Pri\ ate households. _ _ _ _ _ _ _ _ _
Commeicial 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 aervices, n . e. c _ _ _ _ _ _ _ _ _ _ _ _ _ . .
Religious organzaions
Nonprofit membership organizations, n. e. c _
Rest of the world

__




._

3,250

-294
-102
-138
-23
-14
3, 607

332
286
8
13
18

333
280
8
12
20

334
278
10
12
23

346
284
'0
.M
37

1
3
5
-2

—1
0
9
—1

0
0
11
0

—2
1
12
0

419
117
0
288
14

44C>

120
0
311
15

472
120
I
334
17

507
114
0
373
2l>

1, 413

J
1, 287

1
-6

1,803
43
1
1, 674
1
—5

1,981
46
-1
1, 854
1

2, 218
51.
1.
2, 070
1
—7

4
5
5
8
-4

3
3
7
8
-4

3
5
5
7
-6

7
9
—6

-5
36
35
3

-6
36
38
4

-7
37
40
4

-7
39
42
5

211

215

289

294

-26
-12

Transportation.
____
Railroads
Local railways and bus lines
Highway passeneer transportation, n. e. c
Highway freight transportation and warehousing

Communications and public utilities
Telephone, tpje-tiiaph, tmd lelated
services .
Radio btorcK-i^tmg and tele x , i^ion
Utilises: ekvtiic and g;)S_
_ _ _
Local utilities and public .-et vices, n. e. c

2, 770
-250
-88
-114
-15
-13

3,036

2,476

-153
-75
-129
-16
-12
2,821

-4

-2
-2
-84
-15
0
—67
—2

-28
-23
0
-1
-1

-25
-20
0
-I
-1

-1

-1
-1
i

•H-l

-1

0

0

-29

—26

—5
0
i

4

0
— 21

1

4

3
4:

SURVEY OF CURRENT BUSINESS

20

July 1953

Table 24.—Number of Full-Time Equivalent Employees, by Industry, 1949-52
Table 25.—Average Number of Full-Time and Part-Time Employees, by Industry, 1949-52
Table 26.—Average Annual Earnings per Full-Time Employee, by Industry, 1949-52
Table 24.— Full-time equivalent
employees
[Data in thousands]

All industries, total

_

...„ .

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

- .

Manufacturing
Food and kindred products
Tobacco manufactures
- - --Textile-mill products
Apparel and other finished fabric products
Furniture and finished lumber products
P?per and allied products
Printin^ publishing and allied industries
Chemicals and allied products
Product^ of petroleum and coal

- -

Rubber products
- Leather and leather products
S^one clav and slass products
Iron and steel and their products including ordnance
Nonferrous metals and their products
IVIachinery except electrical
Electrical machinery
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous
Wholesale and retail trade
Wholesale trade

__

Finance insurance and real estate
- Banking
Security and commodity brokers, dealers and exchanges. __
Finance n e e
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 a n d warehousing _ _ _ _ _ _
Water transportation
__ __ _
Air transportation (common carriers)
Pipeline transportation
.
Services allied to transportation
Communications and public u tilities
_
Telephone telegraph and related services
Radio broadcasting and television
__
Utilities* electric and gas
- Local utilities and public services n e e
Services
-.
—
Hotels and other lodging places
Personal services
- Private households
- Commercial and trade schools and employment agencies. _
Business services n e e
-Miscellaneous repair Cervices 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
- - - 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




Table 25.-FulMimeeeasnd part-time

^ 26._A

[Data in thousands]

, earnings

f

[Dollars]

1949

1950

1951

1952

1949

1950

1951

1952

46,596

48, 240

52, 243

53, 575

48, 938

50, 652

54, 674

56, 043

2,862

3,018

3,251

3,428

2, 391
2,268
70
23
30

2,279
2, 154
72
22
31

2,203
2,073
79
20
31

2,154
2,017
87
19
31

2,427
2,268
106
23
30

2,315
2, 154
108
22
31

2,244
2,073
120
20
31

2,198
2,017
131
19
31

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

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

1,492
1, 425
2,443
2,600
2,806

1,546
1,474
2,552
2,737
2,742

914
95
77
398
248
96

916
97
75
395
251
98

917
102
69
371
271
104

892
103
63
332
288
106

914
95
77
398
248
96

916
97
75
395
251
98

917
102
69
371
271
104

892
103
63
332
288
106

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

3,445
3,567
3,107
3,368
3,853
3,255

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

4,078
4, 534
3, 556
3,780
4,469
3,821

1949

1950

1951

1952

2,148

2,359

2,627

2,657

2,148

2,359

2,627

2,657

3,230

3,354

3,724

4,007

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

16,438
1,548
103
1, 197
1,207
636

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

16,438
1,548
103
1,197
1,207
636

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

3,301
3, 068
2,258
2,767
2,490
2,513

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

3,833
3,473
2, 592
2, 995
2,646
2, 931

511
453
727
689
229

566
484
741
707
231

563
510
754
783
243

555
504
767
818
244

511
453
727
689
229

566
484
741
707
231

563
510
754
783
243

555
504
767
818
244

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

3,216
3,968
4,206
4,280
4,955

236
388
487
1, 662
424
1,336
778
460
743
484
8, 732
2,220
8 512
1,624
411
46
112
473
157
425
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

250
393
518
1,831
452
1,386
888
447
810
537
8,898
2,248
6,650
1,685
420
49
122
490
166
439
2,647
1,373
157
197
530
126
76
27
161
1,269
667
53
527
22
5,916
432
805
1,864
39
355
100
224
235
839
142
104
367
199
211
7,298
3,127
1,433
1,694

270
379
556
2,028
488
1,655
1,020
673
849
574
9,214
2,334
6,880
1,748
446
53
131
510
172
436
2,797
1,433
150
199
578
139
85
29
184
1,306
692
57
535
22
6,094
436
807
1,920
38
381
117
219
231
892
146
131
355
202
219
9,190
4,919
1, 795
3,124

273
383
536
2,028
490
1,740
1,106
914
796
593
9,440
2,401
7,039
1,811
473
54
144
533
177
430
2,773
1,382
144
199
598
139
97
30
184
1,345
719
59
544
23
6,097
442
807
1,797
35
409
125
214
229
946
152
158
354
204
225
9. 963
5,551
1,913
3, 638

236
388
487
1,662
424
1, 336.
778
460
743
484
9,697
2,291
7,406
1, 731
414
56
133
486
190
452
2, 734
1,349
166
211
575
146
77
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
7,561
3,049
1, 445
1,604

250
393
518
1,831
452
1,386
888
447
810
537
9,883
2,320
7,563
1,800
423
60
146
504
199
468
2,784
1,373
157
200
635
133
76
27
183
1,274
667
58
527
22
6,552
463
862
2,079
47
423
128
248
291
839
159
104
367
218
324
7,797
3,127
1,433
1,694

270
379
556
2,028
488
1, 655
1,020
673
849
574
10, 231
2,408
7, 823
1,867
449
65
157
525
206
465
2,946
1,433
150
202
693
147
85
29
207
1,311
692
62
535
22
6,752
468
864
2,142
46
454
150
243
286
892
164
131
355
222
335
9,632
4,919
1,795
3,124

273
383
536
2,028
490
1,740
1,106
914
796
593
10,481
2,477
8,004
1,934
476
66
173
548
212
459
2,927
1,382
144
203
717
147
97
30
207
1, 351
719
65
544
23
6,753
474
865
2,004
42
489
160
237
284
946
170
158
354
224
346
10, 407
5,551
1,913
3,638

3, 225
2,405
3,008
3, 387
3,269
3, 483
3, 251
3,598
3,608
2,957
2,930
3,665
2,679
3,075
3,163
5, 043
3, 795
3,197
3,478
2,301
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
3,243
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

3,528
2, 547
3,243
3, 629
3,615
3,760
3,372
3,745
4, 010
3,132
3,072
3,889
2,796
3, 276
3,331
6, 143
3, 959
3,355
3, 675
2,474
3,700
3,787
3,376
2,873
3,802
4.413
4,118
4,296
3,099
3,319
3,033
4,698
3,569
2,682
2,204
1,988
2,247
1,414
3,410
3, 865
3,610
2,911
2,421
2, 113 !
2,289
4,106
2,302
2,276
3,896
3, 031
3,225
3,549
2,951

3,807
2, 673
3, 585
4,047
3,918
4,236
3,711
4, 233
4,232
3,413
3, 258
4,266
2,916
3, 463
3, 504
6, 170
4, 160
3, 571
3, 855
2,601
4,029
4,169
3, 647
3, 025
4,043
4, 813
4,424
4,517
3,446
3,555
3,217
5,175
3,850
2,818
2, 340
2,083
2,368
1,496
3,421
4,110
4,043
3,050
2,550
2. 212
2,411
4, 511
2,383
2,406
4,082
3,116
3,147
3,810
2,766

4, 103
2, 859
3,698
4, 295
4,163
4,463
3, 958
4,467
4, 62"
3, 6K.
3, 366
4, 411
3,010
3, 613
3, 655
6,019
4,333
3,764
3, 989
2,681
4,242
4, 335
3,806
3, 156
4,333
5, 252
4, 763
4, 833
3, 636
3,801
3, 439
5, 559
4, 123
3, 000
2,510
2,183
2,486
1,588
3,486
4,318
4,304
3,196
2,699
2,337
2, 566
4,842
2,492
2,559
4,347
3,262
3,230
3,950
2,852

549
3,290
1,368
1,922

561
3,422
1,424
1,998

566
3,506
1,479
2,027

589
3,614
1,534
2,080

606
3,710
1,433
2,277

619
3,847
1,488
2,359

625
3,876
1,545
2,331

650
3,985
1,603
2,382

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

3,198
2,813
2,926
2,732

3,482
2,989
3,093
2,913

3,771
3,198
3,297
3,125

180
5
39,523

188
5
40,937

199
5
43,048

209
5
43,607

196
5
41,372

204
5
42,850

212
5
45,037

221
5
45, 631

3,228
3,000
2,859

3,282
3,400
3,015

3,543
4,200
3,280

3,799
5,000
3,465

!
1
i
1
1
|
!

SURVEY OF CURRENT BUSINESS

July 1953

21

Table 27.—Number of Active Proprietors of Unincorporated Enterprises, by Industry, 1949-52
Table 28.—Number of Persons Engaged in Production, by Industry, 1949-52
Table 29.—Corporate Sales, by Industry, 1949-52
Table 27.— Active proprietors
[Data in thousands]

Table 28.— Persons engaged
[Data in thousands]

Table 29.— Corporate sales
[Millions of dollars]

1949

1950

1951

1952

1949

1950

1951

1952

10, 750

10, 554

10,309

10, 286

57, 346

58, 794

62,552

4,875
4,655
173
4
43

4,607
4,381
177
4
45

4,283
4,054
180
4
45

4,200
3,967
184
4
45

7,266
6,923
243
27
73

6,886
6, 535
249
26
76

6,486
6,127
259
24
76

47
9
2
7
22
7

46
9
2
6
22
7

45
8
2
6
22
7

46
8
2
6
23
7

961
104
79
405
270
103

962
106
77
401
273
105

962
110
71
377
293
111

1,131

1,210

1,271

1,304

3,279

3,569

3,898

3,961

9,739

11,358

12, 250

12,860

162
32
1
2
24
18

158
28
1
2
25
18

155
24
1
2
24
19

153
21
1
2
24
19

14, 345
1.541
102
1, 233
1.179
598

15, 125
1, 545
98
1,296
1, 206
655

16, 297
1, 574
104
1,276
1,214
699

16,591
1, 569
104
1,199
1.231
655

184, 479
35, 395
3.141
10, 783
7, 816
3,236

216, 832
37, 365
3, 207
13, 035
8, 296
4, 422

252, 720
41, 924
3,412
14,717
o 047
•i] 789

258, 705
41. 810
3, 740
14, 128
10, 056
4, 688

8
1
21
3
0

8
1
21
3
0

8
1
21
3
0

8
1
21
3
0

519
454
748
692
229

574
485
762
710
231

571
511
775
786
243

563
505
7SS
821
244

3,274
5. 420
6, 370
13.444
17. 626

4, 139
6, 853
6, 670
16, 433
19. 196

4, 594
8, 621
7, 697
18, 766
22, 574

4, 525
8,121
7,974
18, 710
23,680

0
2
7
6
6

0
2
6
6
6

0
2
6
6
6

0
2
6
6
6

236
390
494
1, 668
430

250
395
524
1, 837
458

270
381
562
2, 034
494

273
385
542
2. 034
496

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

3, 981
3,175
4, 982
22, 250
8,178

5, 072
3,419
5, 694
26, 870
10, 040

5,067
3,313
5, 461
25, 130
10, 150

17
1
I
I
11

18
1
1
1
10

19
1
1
1
10

20
1
1
1
10

1,353
779
461
744
495

1. 404
889
448
811
547

1,674
1. 021
674
850
584

1, 760
1,107
915
797
603

13, 421
8, 285
3, 836
1 1, 604
3, 613

15. 667
10. 625
3, 996
18, 500
5, 862

20, 696
12,070
5, 447
19, 406
6,965

22, 476
14, 231
8, 230
19, 775
7,410

2,322
246
2,076

2,305
247
2, 058

2,293
251
2,042

?,286
254
2,032

11,054
2, 466
8,588

11,203
2, 495
8, 708

11,507
2, 585
8,922

11,726
2, 655
9,071

130,981
67, 186
63, 795

153,595
81, 600
71, 995

173,725
97, 920
75, 805

180, 070
100, 860
79, 210

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
_ _ . _ . _ _ _ _
_

339
1
14
11

344
1
14
11

352
1
14
11

356
1
14
11

210
103

214
104

221
105

224
106

1, 963
412
60
123
473
367
528

2,030
421
63
133
490
380
.543

2,100
447
67
142
510
393
541

2,167
474
68
155
533
401
536

Transportation
_.
Railroads
Local railways and bus lines
Highway passenger transportation, n. e. c
Highway freight transportation and warehousing

238
0
1
27
204

242
0
1
27
207

254
0
1
28
218

268
0
1
30
230

2,846
1,349
167
235
683

2,889
1,373
158
224
737

3,051
1,433
151
227
796

3,041
1,382
145
229
828

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

18, 805
10, 200
392
1,111
3,408

21,427
11, 189
404
1,157
3,857

22, 261
11,390
409
1, 158
4,243

3
0
0
3

3
0
0
4

3
0
0
4

3
0
0
4

142
77
29
164

129
76
27
165

142
85
29
188

142
97
30
188

1,833
836
340
519

1,677
957
474
586

2,391
1,130
631
668

2,444
1, 272
650
695

8
2
1
0
5

8
2
1
0
5

8
2
1
0
5

8
2
1
0
5

1,288
690
50
520
28

1,277
669
54
527
27

1,314
694
58
535
27

1,353
721
60
544
28

10, 859
3, 496
442
6,735
186

12, 282
3,916
544
7, 630
192

13, 789
4,319
678
8,576
216

15, 090
4. 760
800
9, 296
234

1,628
154
454

1,634
151
451

1,648
153
449

1,665
156
447

9,780
1, 535
1 , 695

4
111

7,762
598
1,254
1,797
39
520

9,365
1,465
1, 615

4
106

7,742
589
1, 256
1, 920
42
487

8, 765
1,373
1,528

3
102

7,550
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

719
2,395

705
2, 730

665
3, 085

317
12
34
302
143

324
12
34
302
145

334
12
34
297
147

346
12
33
296
147

416
238
272
1,081
281

424
236
269
1,141
287

451
231
265
1,189
293

471
226
262
1,242
299

266
1,857
652

297
1,826
627

390
1,820
640

445
1, 695
660

57
53

57
53

59
53

60
53

159
418
196
212

161
420
199
211

190
408
202
219

218
407
204
225

Government and government enterprises

7,068

7,298

9,190

9, 963

Federal— general government
Federal — Government enterprises

3,049
549

3,127
561

4,919
566

5, 551
589

State and local— general government
State and local— Government enterprises

3,290
180

3,422
188

3,506
199

3, 614
209

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
. .
Printing, publishing, and allied industries
Chemicals and allied products ._
_ _ ___ __ __
Product^ of petroleum and coal
Rubber products
Leather and leather products
Stone, clav and clpss products
Iron and steel and their products, including ordnance
Nonferrous metals and their products .
_
Machinery, except electrical
..
._ _
..
Flectrical machinery
Transportation equipment, except automobiles.
Automobiles and automobile equipment
Miscellaneous
Wholesale and retail trade
Wholesale trade
Retail trade and automobile services .

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 arid 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

Rest of the world
Addendum* All private industries




_

1952

1949

1950

1951

63,861

370,079

431,880

495, 259

510, 954

6,354
5,984
271
23
76

1,825
1,769

1,985
1, 909

2,566
2, 480

2,885
2,790

20
36

28
48

36
50

40
55

938
111
65
338
311
113

6,565
927
409
1,875
2.602
'752

8,258
1, 250
476
2,356
3,314
862

9,417
1, 475
500
2,757
3,745
940

9,303
1,578
464
2,473
3,820
968

5

5

5

5

50, 273

51,491,

53,357

53, 893

SUEVEY OF CUREENT BUSINESS

22

July 1953

Table 30.—Personal Consumption Expenditures, by Type of Product, 1949-52
]Millions of dollars]

I Food1 a n d tobacco

_ _ _ _ _ _

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

1949

1950

1951

1952

63, 145

65, 606

73, 715

77, 750

43, 376
11,679

45, 726
11,859

51, 579
12, 984

54, 527
13, 545

10, 473
1,092
70
324

11, 453
1,162
80
345

11,909
1,223
84
346

a. Retail, service, and amusement estab10 320
lishments (ndc)
b Hotels (ndc)
1,073
c. Dining and buffet cars (ndc)
73
d. Schools and school fraternities (ndc)__
322
e. Institutions, clubs, and industrial
472
lunchrooms (ndc) , _ _ _
f. Tips (ndc)
407
g. Less: nonconsumer purchases included
988
in lines a-f (ndc)
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)

1
2
3.
4.

Shoes and other footwear (ndc)
Shoe cleaning and repair (s)
Clothing and accessories except footwear (ndc) - Standard clothing issued to military personnel
(ndc)
,5. Fur storage and repair (s)

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)
11 Miscellaneous personal services (s)
12 Jewelry and watches (dc)
13 \Vitch clock and iewe^ry repairs (s)
Til Personal care
1.
2.
3
4.

Toilet articles and preparations (ndc)
Barber shop services Cs)
__ _ _ .
Beauty parlor services (s)
Baths and masseurs (s)
.__

_

_.
__

V
1. Owner-occupied nonfarm dwellings— space2. Tenant-occupied nonfarm dwellings (including lodging houses) — space rent (s)
4. Transient hotels and tourist cabins (s)
5. Clubs, schools, and institutions (s)

_ __

V Household operation
2. Floor coverings (dc)
3. Refrigerators, and washing and sewing machines (dc)
4. Miscellaneous electrical appliances except

491
413

592
451

658
473

1,004

1,099

1. 148

1,431
2, 393
4,266

1, 533
2,090
4,398

2.149
2,300
4,703

2.343
2, 180
5,155

23, 007

23, 062

24, 621

25, 199

2,958
249
15,813

3,080
241
15, 582

3, 295
247
16. 565

3,300
242
17, 096

213
90

274
90

418
94

336
97

1, 336
72
844
6
9
20
1 273
124

1,383
81
854
6
9
22
1,312
128

1. 480
88
870
7
10
25
1, 385
137

1, 552
88
874
7
10
26
1, 424
147

2 216

2, 303

2,421

2,515

1, 193
521
486
16

1,245
549
492
17

1,312
5921
499 1
18]

1,352

18, 080

20, 210

21,874

24. 014

10, 757

12, 195

13, 430

14,818

5, 517
] , 294
272
240

6,002
1, 468
298
247

6, 223
1, 623
341
257

6,811
1,740
383
262

23, 540

26,412

27,319

27, 601

2, 820
964

3. 286
1, 128

3, 350
1, 140

3,461
1,071

I 2,403

1,163

3, 021

2,516

2, 433

1, 500

1, 548

1,484

1,436

1,511

1,469

5. Cooking and portable heating equipment
(dc)
6. China, glassware, tableware, and utensils
1,422
(dc)
7. Durable house furnishings, n. e. c. (dc)
8. Products of custom establishments, n. e. c. i 1,324
(dc)
9. Writing equipment (dc)____ _ - J
10. Net purchases from second-hand furniture
23
and antique dealers (s) _
117

12. Rug, drapery, and mattress cleaning and re13. Care of electrical equipment except radios
and of stoves (s)
14. Semidurable house furnishings (ndc) 15 Lighting supplies (ndc)
16. Cleaning and polishing preparations (ndc)_ _
17. Miscellaneous household paper products
(ndc)
18 Stationery and writing supplies (ndc)

b. Produced and consumed on farms
(ndo}
20 Household utilities
b Gas (s)
c. Water (s)




75

25

25

26

125

140

146

82

86

78

170
1.889

179
2,044

185
2,125

188
2, 057

1,154

1, 268

1,368

1. 277

398
2,892

398
3,109

413
3,159

442
3, 063

2,775

2,997

3,057

2,965

117

112

102

98

3,200

3,582

3,996

4,368

1,746
1,031
423

1,955
1,177
450

2,190
1,336
470

2,418
1,448
502

V. Household operation— Continued
21. Telephone (s)
22. Telegraph, cable, and wireless (s)
23. Postage (s)
2 4 . Express charges (s)___
________
25. Moving expenses and warehousing (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. Miscellaneous household operation services
(s)

1. Drug preparations and sundries (ndc)
2. Ophthalmic products and orthopedic appliances (dc)--- _
_ _ . 3. Physicians (s)
4. Dentists (s)
_
5. Osteopathic physicians (s)
6.
7.
8.
9.
10.

Chiropractors (s) ___
Chiropodists and podiatrists (s)
__
Private duty trained nurses (s) _
Practical nurses and mid wives (s) _ _ - _
Miscellaneous curative and healing professions (s)

11. Privately controlled hospitals and sanitariums (s)
12. Net payments to group hospitalization 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) _
__
16. Funeral and burial service (s)
17. Cemeteries and crematories (s)
18. Monuments and tombstones (dc)
VII.

Personal business
1. Miners' expenditures for explosives, lamps,
2.
3.
4.
5.

Tools (dc)
Theatrical employment agency fees (s)
Nontheatrical employment agency fees (s)- —
Net 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)
__.
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)
1 4 . Legal services (s)_
__
_ _ _ _ _ _ _ _
15. Interest on personal debt (s)

1949

1950

1951

1,829
27
232
33
234
2,238
1,926
312

2,044
27
250
31
255
2, 525
2, 169
356

2,270
28
272
32
298
2,751
2, 343
408

2, 509
26
283
36
328
2,734
2,345
389

1952

66

70

77

81

30

31

33

33

8,885

9,518

10, 155

10, 852

1,398

1,450

1,570

1,623

431
2,267
931
113

477
2,435
959
119

541
2,529
989
124

554
2,676
1,028
128

88
42
109
98

93
44
114
111

96
47
117
122

98
48
125
120

40

41

44

45

1,723

1,963

2,156

2,389

122
4

135
4

141
4

184
5

408

437

446

548

57

59

60

63

663
203
188

677
206
194

754
211
204

790
212
216

7,576

8,706

9,214

9, 961

12
125
22
23
260

13
140
22
24
263

14
151
23
24
281 1

12
145
22
25
279

8

9

10

10

241
82

436
92

424
98

349
102

183
49

201
48

217
52

230
55

45

51

59

68

1,880
2, 268
2, 152

2,028
2,555
2,431

2, 233
2, 589
2,45.'5

2,558
2, 815
2, 675

116
1,003
1,261

124
1, 081
1, 626

131 !
1,124 !
1,789

140
1, 156
2,004

54

55

62

22
38

23
39

24
40

- 19, 274

22, 570

22, 104

22, 509

15, 995

19, 353

18, 690

18, 959

7,878
b. Tires and tubes (dc)
} 1,511
c. Parts and accessories (dc)
d. Automobile repair, greasing, washing,
1,369
parking, storage, and rental (s)
4,635
e. Gasoline and oil (ndc)
f. Bridge, tunnel, ferry, and road tolls
67
(s)
g. Automobile insurance— net payments
535
(s)

10, 285
2,030

8,900
1,967

8,342
2,072

1, 478
4,928

1,670
5, 405

1,770
5,887

70

78

100

562

670

788

2,094

2,084

2,134

2,187

1,422
586
79
7

1,390
608
79
7

1,413
632
83
6

1,451
641
89
6

16. Classified advertisements (s)
17. Net purchases from pawnbrokers and rniscollaneous second-hand stores (s) _ _ _ _ _ _
18. Personal business services, n. e. c. (s)
VIII Transportation
1. User-operated transportation
a. New cars and net purchases of used

2. Purchased local transportation. _
a. Street and electric railway and local
bus (s)
- b. Taxicab—fares and tips (s)
c. Steam railway — commutation (s)
d. Ferry— foot passengers (s)

66
!

24
41

SURVEY OF CURRENT BUSINESS

July 1953

23

Table 30.—Personal Consumption Expenditures, by Type of Product, 1949-52—Continued
[Millions of dollars]

1949
VIII. Transportation— Continued
3 Purchased intercity transportation
a. Steam railway (excluding commutation) (s)
b. Sleeping and parlor car— fares and
tips (s)
c. Intercity bus (s)
d Air line (s)
e Coastal and inland waterway (s)
f. Baggage transfer, carriage, storage, and
excess charges (s)
_ __
4 L/uggage (dc)

_ _ -- - --

IX. Recreation
1. Admissions to specified spectator amusements
_ __
_ _
_ _

1950

1951

1949

1952

1,016

960

1,096

1, 173

470

405

457

489

43
318
151
26

41
310
174
23

43
336
231
21

47
335
272
22

8

7

8

8

169

173

184

190

10, 276

11, 347

11, 347

11, 716

1,802

1,684

1,633

1,577

1,342
92

1,247
90

1,193
90

1,134
87

72
66
9

70
55
9

72

51
9

49
10

7
37
106
59

6
36
103
57

6
38
103
56

6
42
105
56

5
7

4
7

7
8

7
8

2 Pari-mutuel net receipts (s)

233

207

224

269

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

152

150

150

150

4. Specified commercial participant amusements

394

402

420

448

a. Billard parlors and bowling alleys (s)._
b. Dancing, riding, shooting, skating, and

128

125

126

129

on

00

Of!

no

32
34

33
OK

34
07

36

103
9
8

108
10
8

116
12
9

131
13
9

6 311

7 630

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.

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

c. Amusement devices and parks (s)
e. Golf instruction,
caddy fees (s)

club rental, and

g. Privateflyingoperations (s) .
5 Informal recreation
a. Books and maps (dc)
b. Magazines, newspapers, and sheet
music (ndc)
c. Book rental and repair (s)
.
(ndc)

73

oo

7 472

7 393

638

611

630

638

1 288
8

1 ^38

1 373

9

1 468
9

1 017

1 102

1 197

1 284

9

651

695

742

790

51

64

68

79

repair (s)
h. Radio and television receivers, phonographs, parts, and records (dc)
i. Pianos and other musical instruments
(dc)
j. Radio and television repair (s)

17

18

18

19

1, 992

2,848

2, 421

2,324

213

324

420

98

110

127

k. Photo developing and printing (s)

1952

245

256

288

H

12

12

12

27

29

30

30

301

55

56

58

59

689
44
467

758
47
482

836
49
507

1 7^

26

182
25

197
23

222
23

insurance—net payments (s)

240
19

241
19

242
20

242
20

9. Commercial amusements, n. e. c. (s)__

224

232

240

250

1 663

1 794

2 002

2*199

774
498

804
571

871
652

930
734

118
28
180

134
29
189

151
29
206

156
30
232

65

67

93

117

1,762

1,859

1,963

2,148

1 053
655

1 125
666

1 906
692

1 296
735

«

68

65

117

1, 164

1, 163

1,373

1,666

1,601

1,602

1, 863

2,271

107
697

107
786

124
765

158
896
978

a. Athletic and social clubs— dues and
b. School fraternities— dues and fees (s)__
c. Fraternal, patriotic, and women's

X Private education and research
1 Higher education (s)
2 Elementary and secondary schools (s)
3 Commercial business and trade schools—
fees (s)_
_
__ __
4. Correspondence schools— fees (s)
5 Other instruction (except athletics) — fees (s)
6 Foundation expenditures for education and
research (s) _

2. Social welfare and foreign relief agencies (s)__
3 Museums and libraries (s)
4. 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 Stakes 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

560

492

747

237

217

227

239

437

439

490

605

395

409

460

573

42

30

30

32

180, 588 194, 550 208, 108

218, 130

Durable commodities (dc)

23 840

27, 258

26, 692

476

Nondurable commodities (ndc)

99, 223 102, 618 113,434

118, 761

141

Services (s)

57 525

67, 416

72, 677

1. Expenditures for food (items 1-4) include personal consumption expenditures for alcoholic beverages of the following amounts in millions of dollars: 1949—7,920; 1950—8,100; 1951—




1951

658
42
460

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

XI. Religious and welfare activities

f. Boats and pleasure aircraft (dc)

equipment (dc). - -

IX. Recreation— Continued
5 Informal recreation — Continued
1. Photographic studios (s)
m . Collectors' net acquisitions of stamps
and coins (s)
n. Hunting dog purchase and training,
and sports guide service (s)
o. Veterinary service and purchase of
pets (s)

1950

29, 200

62, 732

8,450; 1952—8,870. Expenditures for food (items 1-4) excluding alcoholic beverages are as
follows in millions of dollars: 1949—50,959; 1950—53,108; 1951—60,562; 1952—63,725.

SUEVEY OF CTJREENT BUSINESS

24

Table 31.—New Construction Activity, by Type, 1949-52l

Table 33.—Net Change in Business Inventories, 1949—52

[Millions of dollars]

[Millions of dollars]

1949

1950

1951

22, 789

28, 454

30, 895

32, 638

16, 384

21,454

21,564

21,812

8 267
7,257
825
185

12, 600
11,525

10, 973
9,849

900
175

934
390

11,100
9,870
1,045
185

Nonresidential building (excluding farm)
Industrial buildines
Warehouses, office and loft buildings
Stores, restaurants, and garages

3,228
972
321
706

3,777
1, 062
402
886

5,152
2, 117
827

5, 014
2,320
515
622

Other nonresidential buildings
Religious
_ _
Educational
. . __ . _ .
Hospital and institutional
Social and recreational _ . _.
M isce !1 aneous

1,229
360
269
202

1,427

1,664

1,557

409
294
344
247
133

452
345
419
164
284

399
351
394
125
288

3,323
352
533
2, 438

3, 330
315
2, 575

3,729
399
487
2,843

4,003
438
570
2, 995

1,488

1,635

1, 646

1,610

771
875

750
860

Total new construction activity
New private construction activity __ _
Residential building (excluding farm)
New dwelling units
Additions and alterations
_ __
Nonhousekeeping units*"

Public utility
Railroads
Telephone and telegraph
Other public utility

_ _ __ __

Farm construction
Residential
Nonresidential
All other private
New public construction activity
Residential buildiDg
Nonresidential building
Industrial
Educational
Hospital and institutional
Other nonresidential building
Military and Naval
Highway
Sewer and water
Miscellaneous public service enterprises . _
Conservation and development
All other public
Petroleum and natural gas well drilling

_ _ _

July 1953

262
136

440

544

1952

1949

695
793

763
872

78

112

64

85

6,405

7S000

9, 331

10, 826

359

345

595

654

2, 068

2, 384

3, 469

177
934
477
480

224

946

1,133

1,513

4, 119
1 , 667
1.619

496
531

528
482

473
360

887

2,131

2 272

2,518

619
203
793
95

659
185
881
97

716
213
853
80

1,388
2,860
692
193
854
66

1, 069

1,279

1,568

137

Net change in business inventories, total __

. _ -2, 4-82

Farm
Nonfarm
Net change in nonfarm inventories
Corporate . . _ _ _ _ _ „ .
Noncorporate

_

1950

1951

7,510

10,868

3,723
3 071

—873
— 1 609

6 587

1 240
9 628

_ -1,609

_ __ _

_

Change in book value
Corporate
Noncorporate- _
Inventorv valuation adjustment
Corporate
Noncorporate

6,587

9,628

3,071

4, 948
1 639

8,930
698

2, 698

—4 322
—3 578
— 744

12 800
9, 913
2,887

11 330
10, 233
1,097

1 814
1 694

2 713 —6 213 — 1 , 702
4 965
2 082
—399
'631 — 1 248

1 257
1 004

120

253

9,628

3,071

2 183
— 1 476
-2, 704
5,527
1, 228 -3, 344

8 004
8, 779
-775

2 J93
1, 470
723

122
—418

Retail trade
- Change in book value
Inventory valuation adjustment

2, 676
-37
—762
4 004
725 — 1,328

1 345
2 429

540 -1,084

—218
-438

-

373

6, 587

Wholesale trado
Change in book value
Inventorv valuation adjustment

All other
Change in book value
Inventorv valuation adjustment

652

— 1,496
— 113

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

923

1952

220

383
840
-457

320

611

-291

756
1, 288
—532

548
652
-104

582

265
317
422
157
265
-126

-78
-48

1,616

1

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

Table 34.—Supplements to Wages and Salaries, 1949-52
[Millions of dollars]

1949




1952

6,559

7,860

8,081

9,585

3,976

4,756

4,847

816
1,010
223

1,308
1,217
232

1, 659
1,465
263

1,782
1,351
275

277
23
273

282
24
316

307
26
319

319
25
334

420
2
459

510

,,;o

80

144

620
3
138

3,056

3,884

4, 325

4,738

643
Compensation f o r injuries
.
. . _ _ . . _
Employer contributions to private pension and welfare funds
- - 2,059
244
Pay of military reservists
110
Other

676

804

885

2,804
284
120

3,125
273
123

3,436
283
134

Old-age and survivors insurance
State unemployment insurance .
Federal unemployment tax

(Commodity detail for recent years is not available. For the period 1929-45 see 1951
National Income supplement to the SURVEY OF CURRENT BUSINESS.)

1951

3,503

Total supplements to wages and salaries
Emplover contributions for social insurance _

Table 32.—Producers' Durable Equipment

1950

Railroad retirement insurance
Railroad unemployment insurance
Federal civilian employee retirement systems
State and local employee retirement systems
Cash sickness compensation funds
Government life insurance
Other lal>or income

_ _ _-

SURVEY OF CURRENT BUSINESS

July 1953

Table 35.—Personal Contributions for Social Insurance, 1949-52
[Millions of dollars]
1949

1951

2, 234

2,894

3,417

3, 796

2,234

2,894

3, 417

3, 589

Old-age and survivors' insurance

816

1,308

1, 659

1,782

State unemployment insurance-

11

13

13

13

Total: Personal contributions for social insuranceEmployee contributions

_

.

[Millions of dollars]

Railroad retirement insurance

277

282

307

319

Federal civilian employee retirement systems

350

371

391

425

State and local employee retirement systems

330

395

465

510

48

51

49

51

402

474

533

489

Cash sickness compensation funds
Government life insurance
Self-employed persons' contributions

207
207

Old-age and survivors' insurance--.

[Millions of dollars]

Total transfer payments

_ __ ._

Benefits from social insurance funds
Old-age and survivors insurance benefits
State unemployment insiarance benefits _ _
Railroad retirement insurance benefits
Railroad unemployment 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 to 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

1951

12, 406

15, 142

12, 467

8,757

10 885

8,674

8,886

3,495
667
1,730
320
103
242
433

6 101
955
1, 367
337
60
273
3, 109

4,361
1 872
837
355
20
288
989

4,793
2, 177
992
481
42
328
773

2,402
2

2,478
2

2,431
1

2,558

167

116

153

396

2,280
411

1,708
480

1,222
506

652
487

2,868

3,420

2,905

3,074

356
325
31

398
360
38

466
430
36

527
485
42

2,169
1,889
280

2,345
2, 055
290

2,267
2,075
192

2,297
2,129
168

343

677

172

250

781

837

888

901

223
353
205

223
352
262

223
352
313

223
352
326

1952
12, 861

[Millions of dollars]

Net interest (component of national income).
Originating in private business

1949

1950

1951

5,030

5,738

6,419

1952

7,027

3,448

3,761

4, 184

4 559

Monetary interest paid
Imputed interest pahL
Less: Monetary interest received.
Less: Impute titterGsi received

6,915
5,397
7,498
1 366

7,588
5,870
8,212
1 485

8,595
6,458
9,166
1 703

9 584
7 331
10, 467
1 889

Originating in households and institutions
Monetary interest paid

1,371
1 371

1,762
1 762

1,946
1 946

2,174
2 174

211
259
48

215
278
63

289
364
75

294
384
90

Originating in rest of the world
Monetary interest received from abroad
Less: Monetary interest paid to abroad
Personal interest income (component of personal income) _

9, 644

10,462

11,260

11,888

Net interest (component of national income)

5 030

5 738

6 419

7 Q27

Net interest paid by government.-. _ __ .
Monetary interest paid
Less: Monetary interest received _

4,614
6,200
1.586

4,724
6 428
1.704

4,841
6 652
1.811

4 861
6 986
2.125




Compiled net profit, BIR
. .
.
Plus depletion, BIR
Plus net capital loss, BIR
Plus net loss, sales of property, other than capital assets, BIR _ _. _
Less
Less
Less
Less

net capital gain, BIR
_ _
_ ._
net gain, sales of property, other than capital assets, BIR
domestic dividends received, BIR
foreign dividends received, BIR _. _ _ _ _ _ ..
._

42, 838
1 709

28, 387
1 476
227

2 1, 283
723
389
2, 162 \ 3, 129
452

Plus "rest of the world" industry, Commerce
Plus profits disclosed by audit, Commerce _

232
1,400

313
1,510

Less profits of mutual life insurance companies, based on BIR
Less profits of mutual nonlife insurance companies, BIR
Less foreign income tax on branch profits, Commerce

1,556 >
34
143

1, 702
247

Plus State income taxes, Commerce
Plus profits of Federal Reserve banks, Federal Reserve Board- ._ .

605
239

772
195

Profits before taxes. Department of Commerce
Less Federal income taxes, BIR
Less State income taxes, Commerce
Less taxes resulting from audit, Commerce
Plus tax refunds resulting from renegotiation, BIR
Plus tax refunds resulting from emergency amortization acceleration,
Commerce

27, 107
9 817
605
525

40, 976
17 314
772
510

Less income taxes, Federal Reserve banks, Federal Reserve Board
Plus taxes paid by mutual life insurance companies, based on BIR
Plus taxes paid by mutual nonlife insurance companies, BIR . - Less unjust enrichment tax, Commerce
Less excess profits tax, Vinson Act, Commerce

193
38
15

Plus foreign income tax on dividend income, Commerce
Plus foreign income tax on branch profits, Commerce
Plus carry-back tax refund, Commerce _. _

127
143

218
247

16, 290

22, 729

__. __ -

.. .. - .-

Profits after taxes, Department of Commerce _

Table 37.—Monetary and Imputed Interest, 1949-52

1950 i

1949

Less gross renegotiation refunds, BIR
_. _ . _ __ ._
Less emergencv amortization acceleration, Commerce
Plus war losses, Commerce

Table 36.—Transfer Payments, 1949-52

Federal Government

Table 38.—Reconciliation of Department of Commerce Estimates
of Corporate Profits with Bureau of Internal Revenue Tabulations, 1949 and 1950

1952

1950

25

197

81

}

1. All Bureau of Internal Revenue data for 1950 are preliminary.
2. Commerce estimate based on incomplete BIR data.

Table 39.—Major Items of Personal Income and Personal
Consumption Expenditures in Kind, 1949-52
[Millions of dollars]

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
dwellings
Services 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
Personal consumption expenditures in kind not included
in personal income
Depreciation of owner-occupied farm and nonfarm
dwellingsTaxes on owner-occupied farm and nonfarm dwellingsInstitutional depreciation

1949

1950

1951

1952

7,050

7,792

9,160

10, 173

1,069
213
330

1,173
274
376

1,752
418
430

1,950
336
411

3 423

3,798

4 173

4,754

1,880
135

2,028
143

2,233
154

2,558
164

2,510

2,202

2,402

2,278

2,393
117

2,090
112

2,300
102

2,180
98

4,609

4,810

5,455

6,025

2,056
2,310
243

2,174
2,369
267

2,419
2,753
283

2,613
3,112
300

SUKVEY OF CUERENT BUSINESS

26

July 1953
Table A.—Gross National Product or

[Billions of 1939 dollars]

1929

1931

1930

1932

1933

1934

1935

1936

1937

Gross national product

85.9

78 1

72 3

61.9

61 5

67 9

73 9

83 9

87 9

Personal consumption expenditures

62.2

58.6

56.6

51.8

51.1

54.0

57.2

62.8

65.0

80
29.1
25. 1

6 4
27.7
24.5

53
27.5
23.9

39
25.2
22.7

24 9
22.4

4 4
27 0
22.6

54
28 6
23.2

6 6
31 8
24.4

7 0
32 9
25 1

14.9

10.1

5.9

1.1

1.6

3.5

6.7

9.3

11 4

7.4
6.1
1.5

5.4
4.8
— .2

3.8
3.3
— 1.1

2. 1
1.9
—3.0

1.5
2.0
— 1.8

1.7
2.7
—.8

2.2
3.6
.9

3.1
4.8
1.4

38
5.5
21

Durable goods
Nondurable goods
Services
. _

'

_

Gross private domestic investment
New construction
Producers' durable equipment
Change in business inventories

_

_

_

_

_

_
_

Federal
State and local
Gross private product 1
Gross government product ^

Q

.8

.6

.3

.2

.1

.3

—.1

-2

1

7.9

8.7

9.4

8.9

8.7

10.1

10.1

11.9

11.4

13
6.6

15
7.3

16
7.8

17
7.2

2 3
6.4

31
7.0

30
7.1

4 9
7. 1

4 4
6.9

81,5

73.5

67.7

57.4

56.5

62.0

67 6

76 4

80 9

4.4

4.6

4 7

4 6

50

59

6 3

7 5

6 9

Net foreign investment
Government purchases of goods and services

O

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

2. Compensation of general government emplojyees.

Table B.—Implicit Price Deflators for
[Index numbers, 1939= 100]

1929
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services

- -

_

_ -

-_ _-

Gross private domestic investment
New construction
Producers durable equipment
Change in business inventories

_

1930

1931

1932

1933

1934

1935

1930

1937

120.9

116.3

105.0

94.2

90.7

95. 5

97 7

98 3

102 7

126.5

120.7

108.0

94.9

90.6

96.0

98.3

99.5

103.2

116. 5
129.7
120. 0

113.3
123.1
120. 0

104. 8
105.5
111.6

93.5
90.2
100.3

91. 5
89.2
92.0

96.1
99. 1
92.3

95 5
102. 9
93.4

96 0
103.4
95.4

99 7
107.0
99.2

106.0

101.0

90.3

83.9

80.8

79.7

91.7

89.1

100.4

106.2
106. 0

102.3
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

98.1
99.0

107.5

104.8

97.6

91.1

91.9

97.0

97.4

98.4

102.1

ICO. 7
108.8

95.9
106.6

95.9
98.0

89.6
91.4

88.2
93.2

97.0
97.0

66.7
97.7

98 9
98.1

103.4
101.3

122.0

117.4

105.3

93.9

90.4

95.5

97.9

98.4

102.9

99.5

99.4

100.2

97.6

94.1

95.1

95.0

97.5

99.8

Net foreign investment
Government purchases of goods and services. _
Federal
State and local

_

-

-

Gross private product
Gross government product

Table 40.—National Income by

[Billions of dollars]

1949
I

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

_ _ _ _
_

_
_ _

- __ _

---

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

II

III

1950
Year

IV

I

II

III

IV

Year

54.2

53.9

54.3

53.8

216.3

54.2

58.3

62.3

65 8

240.6

34.5
32.9
27.9
1.0
4.0
1.6

34.9
33.2
28.1
1.0
4. 1
1.7

35.0
33.4
28.5
1.1
38
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

35.0
33.0
27.7
1. 1
4.2
1.9

37.0
35. 1
29.7
1.1
4.2
2.0

39.5
37.5
32.2
1.2
4.0
2.0

42.0
40. 0
33.8
1.6
4.6
2.0

153.4
145.6
123.4
5.0
17. 1
7.9

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

10.9
5.5
3.3
2.1

11.2
5.8
3.3
2.1

11.6
6.1
3.3
2.1

11.8
6.2
3.5
2.2

45.4
23.6
13.3
8.5

7.5
7.4
3.0
4.5
.1

7.3
6.3
2.5
3.8
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

7.0
7.4
3.3
4.1
-.4

8.7
9.2
4.1
5.1
-.5

9.8
11.7
5.2
6.5
-1.9

10.5
12.7
5.7
7. 1
-2.2

36.0
41.0
18.2
22.7
—5.0

Net interest

1.2

1.2

1.3

1.3

5.0

1.4

1.4

1.5

1.5

5.7

Addendum: Compensation of general government employees. _

4.8

4.9

4.6

5.1

19.4

5.1

5.0

4.9

5.8

20.9




SURVEY OF CURRENT BUSINESS

July 1953

27

Expenditure in Constant Dollars, 1929-52
[Billions of 1939 dollars]
1939

1938

1940

1941

1942

1944

1943

1945

1947

1946

1949

1948

1951

1950

1952

84.0

91.3

100.0

115.5

129.7

145.7

156.9

153. 4

138. 4

138.6

143.5

144.0

156.2

167.0

172.0

63.9

67.5

71.3

76.6

75.8

78.0

81.1

86.3

95.7

98.3

100.3

103.2

108.9

108.5

111. 4

5.7
33.4
24. 8

6.7
35.3
25.5

7.7
37.1
26.5

8.9
40.1
27.6

5.7
41.3
28.8

5.0
42.6
30.4

4.6
44.5
32.0

5.3
47.9
33.2

10.4
50.2
35.2

12.3
49.5
36.4

12.6
49.7
38.0

12.9
50.7
39.6

15.5
51.7
41.7

13.4
52.4
42.6

12.9
54.5
44.0

6.3

9.9

13.7

17.1

9.3

5.4

6.6

8.3

20.3

19.3

22.7

18.0

26.8

27.6

24.3

3.3
3.9
-1.0

4.9
4.6
.4

5.4
6.0
2.3

6.1
7.2
3.8

3.3
4.4
1.6

1.9
3.6
-.1

2.0
5.1
-.5

2. 6

6.0
9.9
4.4

6.9
11.8
.6

8.0
12.6
2.1

7.9
11.4
-1.3

9.7
13.3
3.8

9.2
13.4
5.0

9.0
13.6
1.7

6^7
-1.0

1.0

.9

1.2

.7

-.4

-2.1

-2.2

2.7

4.8

1.4

.6

-.1

2.0

1.4

12.7

13.1

13.8

21.1

45.0

64.3

71.3

60.6

19.6

16.1

19.2

22.2

20.7

28.9

34. 8

5.3
7.4

5.2
7.9

6.1
7.7

13.8
7.3

38.3
6.7

58.2
6.1

65.4
6.0

54.6
6.0

12.8
6.8

8.5
7.6

10.9
8.2

12.9
9.3

10.8
9.8

18.9
9.9

24.5
10.3

76.4

83. 7

92.1

106. 2

116.5

125.3

133.0

129.7

125.6

128.8

133.7

133. 7

145.7

153. 9

1.57. 8

7.6

7.6

7.8

9.3

13.1

20.3

23.9

23.7

12.8

9.8

9.7

10.3

10.5

13.1

14.2

-1.8

Gross National Product by Major Segments, 1929-52
[Index numbers, 1939= 100]
1938

1939

1940

1911

1642

1943

1944

1946

1945

1948

1947

1950

1949

1952

1951

202.4

100. 9

100.0

101.5

109.5

124, 6

133. 4

136.2

140.3

152.6

168.3

180.6

179. 4

183.6

197.5

100. 9

100.0

101.1

107.4

120. 3

131.1

137.5

142.6

153.5

168.4

177.4

175.1

178.7

191.8

195.8

100. 2
101.9
99.7

100.0
100. 0
100. 0

102. 3
101. 3
100. 4

109.2
109.7
103. 4

124. 5
128.1
103.4

136. 4
143. 2
113.3

153.4
150. 7
116. 8

160. 4
156. 5
119.7

159. 9
171.2
126.4

173.1
192.1
134.6

182.1

185.0
195. 8
145.3

188. 7
198. 6
150.4

203. 3
216.3
158.1

206. 5
218. 0
165. 2

100.1

100.0

102.0

107.3

117.1

104.8

117.0

130. 0

141.5

156.1

188.4

185.9

196.1

212.0

216.0

99. 5
100. 9

100. 0
100.0

102.7
102.1

110. 9
106. 9

120.5
110.1

132.8
111.9

141. 8
111.5

149.7
113.1

170.3
124. 9

202.2

222.8

233.6

144.6

157.8

219.2
163. 5

167. 6

251.4
183.1

260. 5
186. 5

100.2

100.0

101.1

117.2

132.8

137.8

135.3

136.7

157.6

177.4

191.0

196.5

203.4

217.7

222.8

100. 0
100.4

100.0
100.0

100.9
101.3

122.7
106.7

135.9
115.0

139. 5
121.5

136. 2
125.9

137. 1
132. 9

163. 6
146. 3

185.2
168.6

192.4
189.1

196.7
196.0

204.4
202.4

217.0
219.0

220.8

100.9

100.0

101.6

110.2

125.5

134.4

136.0

138.2

151.5

168.2

180.7

178.6

182.5

196.6

200.9

100.9

100.0

99.6

100.8

116.6

127.2

137.2

151.7

162.8

170.0

179.3

189.0

199.3

208.2

218.2

Distributive Shares, Quarterly, 1949-52

202.9

142.5

[Billions of dollars]
1952

1951

1
National income.

227. 4

II

III

Year

IV

I

III

II

Year

IV

66.4

69.0

70.7

72.3

278.4

70.7

71.8

73.0

76.1

291.6

Compensation of employees
Wages and salaries
Private
Military
Government civilian
Supplements to wages and salaries..

42.5
40.1
33.5

44.3
42.0
34.9

45.5
43.3
36.1

2.3
4.9
2.2

178.9
169.8
141.2

46.3
43.8
35.8

47.2
44.7
36.6

48.6
46. 3
38.3

1.8
4.8
2.4

2.1
4.9
2.4

46.6
44.5
36.7

51.1
48.8
40.3
2. 6

193. 2
183. 6
151. 1
10.4
22.2

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

12.5

12.5

12.7

12.8

51.2
26.3
14.8
10.0

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

6.6
3.8
2.2

9.8
12.1

6.5
3.9
2.3

10.6
11.0

10.8
10.1

5.4
4.6
.7

2.6
5.3
2.4

2.5
5.5
2.4

2.6
5.5
2.5

50.7
26.1
15.5

12.6

12.9

6.5
3.7
2.4

6.6
3.8
2.5

6.5
3.8
2.6

42.4
43.7
23.6
20.1
-1.3

10.1
10.1

10.0

5.6
4.9
.7

5.3
4.8
.1

9.6
5.1
4.5
.4

9.7
9.5
5.0
4.5
.2

10.4
10.0

40.2
39.2
20.6
18.6

12.9

6.5
4.0
2.3
11.1
10.5

8.6

20.0

9.1

9.1

12.9

5.9
2.3

6.7
3.5
2.6

5.2
4.8
.3

9.6

-2.3

6.0
5.0
-.5

Net interest

1.6

1.6

1.6

1.6

6.4

1.7

1.7

1.8

1.8

7.0

Addendum: Compensation of general government employees..

6.3

6.7

6.8

7.4

27.3

7.6

7.7

7.5

8.0

30.9




6.6
5.5

6.5
3.8
2.2

2.4
5.4
2.1

1.0

SUEVEY OF CURRENT BUSINESS

28

July 1953

Table 41.—National Income by Distributive Shares,
[Billions of dollars]
1949
I

National income

1950

III

II

Year

IV

I

II

III

IV

Year

221.2

215.7

215.5

212.7

216.3

220.8

233.9

247.8

260.1

240.6

140.9
134.5
114.7
4.2
15.7
6.3

139.8
133.3
113. 1
4. 1
16. 1
6.5

139.4
132. 8
112.2
4.2
16.4
6.6

139.7
132.9
112.0
4. 5
16.4
6.8

139.9
133.4
113.0
4 2
16.1
6.6

142.0
134.7
113.8
4 4
16. 5
7.3

148.6
141 0
119.9
4 3
16 8
7.6

157.6
149 5
127.3
4 9
17.4
8.0

165.6
157 1
132 9
6 3
17 9
8.5

153.4
145 6
123 4
50
17 1
7.9

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

43.5
22. 1
13.2
8.2

44.7
23.2
13.1
8 4

46.3
24. 6
13.1
8. 5

47.3
24. 6
14.0
8.7

45 4
23 6
13.3
8 5

__ .
__

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
3.1

26.5
25.8
10.3
15.5
.7

29.2
27.1
10.8
16.3
2.1

29.8
31.3
13. 9
17.3
—1.4

34.9
37.0
16 5
20.5
-2.1

38.1
45.6
20.3
25.3
—7.4

41.1
50. 1
22. 3
27.7
-8.9

36.0
41.0
18. 2
22.7
—5.0

4.8

5.0

5.1

5.3

5.0

5.4

5.6

5.8

6.0

Addendum: Compensation of general government employees. .

18.9

19.2

19.6

20.0

19.4

19.7

19.9

21.0

22.9

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

__
___ _

_ _ _ _ _

Corporate profits and inventory valuation adjustment
Corporate profits before tax _ _
_ _ _ _ _ _ _ _
Corporate profits tax liability
Corporate profits after tax
_
Inventory valuation adjustment
.
Net interest

Table 42.—Gross National Product

[Billions of dollars]
1949
I

Gross national product . _ . .

.

- _ _ . .

Personal consumption expenditures
Durable goods
__
Nondurable goods
Services

IV

Year

I

II

III

IV

Year

63.1

62.8

64.6

67.7

258.2

64.7

67.6

74.2

80.3

286 8

42,1
4.9
23.1
14.2

44.7
5.7
24.6
14.3

44.1
6.0
23.8
14.3

49.7
7.3
27.7
14.7

180.6
23.8
99.2
57.5

43.8
5.7
22 8
15.2

46.8
6.4
24.8
15.7

50.0
8.6
25 7
15.7

54.0
8.5
29 3
16.1

194.6
29.2
102 6
62 7

10.2
3.6
4.6
2.0
2.0

6.5
4.2
5.0
—2.7
—2.4

9.6
4.8
4.6
.2
.5

7.2
4.7
4.5
-2.0
-1.7

33.5
17.2
18.7
-2.5
—1.6

11.2
4 3
4.5
2.4
2.4

11.0
55
5.4
.1
—.2

15.0
6 8
6.3
1.8
1.5

15.4
61
61
3.2
28

52.5
22 7
22 3
7.5
6 6

.

__

__

III

__

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

1950

. _ _ . .

._

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

II

5.7
20.9

. __

__

_

_

.3

.3

.0

—.1

.5

-.4

-.4

-.9

-.6

—2.3

10.5
6.4
4.8
3.4
1.4
1.6
.1
4.1

11.3
6.6
5.1
3.5
1.7
1.6
.1
4.6

10.9
6 3
4.9
3.4
1.5
1.6
.2
4.7

10.9
6. 1
4.4
3.3
1.2
1.8
.1
4 8

43.6
25.4
19.3
13.6
5.7
6.6
.4
18 2

10.1
55
4.2
3.2
1.1
1.3
.1
4.6

10.2
5.2
4.3
3.0
1.3
.9
.1
50

10.1
51
4.4
3.4
.9
.8
.1
50

11.6
6 4
5.6
4.6
1.0
.8
.1
5 2

42.0
22 1
18 5
14.2
4 3
3.9
.2
19 9

Table 43.—Gross National Product or Expenditure,
[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

I

II

III

IV

260.6

258.6

256.9

256.8

178.7
22.4
100.1
56.3

180.2
23.6
99.6
57.0

180.5
24.5
98.1
57.9

183.0
25.0
99.1
58.9

37.5
17.1
19.2
1.2
1.1

32.6
16.8
19.1
—3.2
-2.1

32.7
16.9
18.3
-2.6
-1.2

31.0
18.2
18.2
—5.4
-4.2

Year

I

II

III

IV

258.2

265.0

280.3

295.6

306.3

286.8

180.6
23 8
99.2
57.5

185.1
26.0
98.6
60.4

189.7
26.8
100.7
62.2

203.8
34 2
106.1
63.5

199.6
29 8
105. 1
64.8

194.6
29 2
102 6
62.7

33.5
17.2
18.7
—2 5
-1.6

40.2
20.7
18.7
.7
.8

52.0
22.0
21.7
8 3
7.3

54.7
24 1
24.7
58
4 5

63.3
24 1
24.1
15 1
13 7

52.5
22 7
22 3
7 5
6.6

-1.6

-3.2

-2.7

—2.3

40.3
20.7
17 2
12. 1
51
3.8
.2
19 5

40.3
20.4
17 4
13. 7
3 7
3 2
.2
19 9

46.1
25.4
22 4
18.5
3 9
33
.3
20 6

42.0
22.1
18 5
14 2
4 3
39
.2
19 9

1.2

1.3

.2

-.5

.5

43.2
25.6
19.3
13.6
5.8
6.6
.3
17.5

44.5
26.6
20.5
13.9
6.6
6.3
.3
18.0

43.6
25.1
19.4
13.6
5.9
6.4
.7
18.5

43.3
24.5
17.8
13.1
4.7
7.0
.3
18.8

43.6
25.4
19.3
13.6
5 7
6.6
.4
18 2

-1.7
41.5
21.9
17.0
12.6
4 3
5.2
.3
19.6

Year

SURVEY OF CURRENT BUSINESS

July 1953

29

Seasonally Adjusted Quarterly Totals at Annual Rates, 1949—52
[Billions of dollars]
1952

1951
I

National income

II

270 6

Compensation of employees
Wages and salaries
Private
Military
Government civilian
__
Supplements to wages and salaries

Net interest

_

__ _ _

_

_

-

Addendum: Compensation of general government employees..

301.4

291.6

187 9
178.6
146.9
10 1
21.6
9.3

189 5
180. 1
147.7
10 4
22.0
9.5

194 1
184.4
151.5
10.6
22.4
9.6

201 3
191.3
158. 3
10.4
22.6
10.0

193 2
183. 6
151.1
10.4
22.2
9.6

50 7
26. 1
15.5
9 1

50 5
26. 1
14.7
9 6

51 5
26.3
15.3
10 0

51.5
26. 1
15.2
10.2

51.1
26.7
14.0
10.3

51.2
26.3
14.8
10.0

42.4
43.7
23.6
20. 1
13

41.7
41.5
21.8
19.7
2

39 9
38.2
20. 1
18.0
1 7

37.7
37.0
19.4
17.5
7

41.7
40.3
21.2
19.1
1.4

40.2
39.2
20.6
18.6
1.0

178 0
168.9
141.0
8.4
19.5
9.1

181 2
172.2
142.2
9. 1
20.8
9.1

178 9
169.8
141.2
8 6
20.0
9.1

50.1
26.3
15.0
8.8

50.1
26. 1
15.1
9.0

50 9
25.9
15.8
9.2

51.6
26. 1
16.1
9 4

41.7
50.7
27.5
23.2
—9 0

42.1
44.0
23.8
20.1
—1 9

42.3
39.4
21.2
18.2
3 0

43.3
40.6
21.8
18.8
2 7

6.2

6.4

6.5

25.0

26.7

28.4

or Expenditure, Quarterly, 1949-52

278 4

286 8

6.4

6.7

6.9

7.1

7.4

7.0

27.3

30.1

30.8

31.3

31.5

30.9

6.6

29.0

Year

IV

290 4

184 0
174.9
144.3
9 6
20.9
9.2

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

__

III

II
287 9

285 5

_. __ __

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

276 6

I

Year

IV

280 9

172 5
163.5
137.3
7.4
18.8
9.0

._

III

[Billions of dollars]
1951
I

II

1952

III

Year

IV

I

II

III

Year

IV

Gross national product

79.1

80.3

82.2

88 3

329 8

83 4

84 4

85 4

94 7

348 0

Personal consumption expenditures
Durable goods
_ _ _ _
Nondurable goods
Services
-

50.0
6.9
26 4
16. 6

50.4
6.4
27 9
16.8

50.5
6. 4
27 4
16. 7

57
7
32
17

208
27
113
67

50
5
27
17

53
6
29
18

53
6
28
18

60
8
33
18

218 1
26*7
118 8
72 7

17.0
5 2
6.4
5.4
5. 1

14.7
59
6.4
2.4
2 1

14.5
6 3
5 7
2.5
2.2

12.3
58
6 0
.5
2
.8

3

5

1

— 6

_ 2

_ 2

17.0
11.4
10.6
9.8
.8
1.0
1
5.6

18.0
12 3
11.1
10 2
.9
13

62 9
41 1
37.4
34 0
3.4
4 1
4
21 8

18.1
12 7
11. 5
11 0
.6
13
1
5 4

19 6
13 7
12 5
11 8
.7
13
1
59

19 6
13 7
12 3
11 6
.7
15
1
6 0

20
14
12
12

77
54
48
46
2
5

_ _ _

Gross private domestic investment
__
New construction
Producers' durable equipment
Chance in business inventories — total. _ _
N on farm only

. _

_

.

__

__ _

__ _ _.

Net foreign investment

-.7

.0

Government purchases of goods and services
Federal
_ __
National security.- National defense
Other national securityOther
L/ess* Government sales
State and local

12.7
7.8
7.0
6. 1
.8
.9
1
5.0

15.1
9.6
8.8
7.8
.9
1.0
1
5.5

_ _ _

2
6
4
3

5 7

1
3
4
4

58.6
23 1
24 6
10 9
9 6

7
7
2
8

14.0
4 9
6 2
2 9
2 7

7
6
0
1

11 1
58
6 9
—1 7
—1 9

0
2
7
1

13 4
6 5
58
11
10

7
2
8
7

14 0
6 1
6 5
14
13

2
1
6
2
5
16
1
6 1

52
23
25
3
3

5
4
4
7
1

5
2
9
5
4
8
5
23 4

Seasonally Adjusted Quarterly Totals at Annual Rates, 1949-52
[Billions of dollars]
1951

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
_ _ _




I

II

in

IV

_
_ __
__ _ _
__

Year

j

II

III

IV

Year

319.6

330.4

332 5

336 9

329 8

340 4

345 1

345 3

361 1

348 0

210.2
31.2
113.1
65.9

204.8
26.5
111.6
66.7

206.6
25 7
113. 1
67.7

210.9
25 7
115.8
69.3

208.1
27 3
113.4
67.4

213 7
26 0
117.2
70.5

217 2
27 4
118.0
71.8

217 2
25 l
118 7
73.3

224 4
28 2
121 1
75 1

218 1
26* 7
118 8
72 7

59.9
24.6
24.4
10.9
9.5

65.5
23.4
25.0
17.1
15.8

57.2
22 3
24.5
10.4
9.2

51.6
22.3
24.3
5.0
4.0

58.6
23. 1
24.6
10.9
9.6

50.4
23 3
25.6
1.5
6

49.6
23 4
25.6
.7
— 1

52 3
23 1
24.9
4.2
3 6

57 9
23 9
25 5
8.5
81

52
23
25
3
3

-.2

11

2.8

2 1

5

—2 0

—1 6

2

60.2
38.5
35.0
31.3
3.7
3.8
.3
21.7

67.5
45.7
42.4
3D 3
3.1
3.8
.6
21.8

71.6
49.2
44.4
40.9
3.5
5.3
.5
22.4

74.1
51.0
46.2
43 9
2.2
5 4
.5
23.1

77.7
54.7
49.8
47 1
2.7
5 4
.5
23.0

77.8
54 6
49.2
46 4
2.8
6 0
.6
23.2

80.4
56 4
50.5
48 6
19
6 3
.5
24.0

77 5
54 2
48 9
46 5
2 4
58
.5
23.4

-2.7

_

1952

52.2
31.0
27.9
24.6
3.3
3.4
.3
21.2

62.9
41.1
37.4
34.0
3.4
4.1
.4
21.8

5
4
4
7
1

SUEVEY OF CURRENT BUSINESS

30

July 1953
Table 44.—Disposition of

[Billions of dollars]
1949

I

Personal income

.Less: Personal consumption expenditures

.

III

IV

Year

I

II

III

51 4

50 9

52 7

205 9

53 8

54 8

56 9

61 1

226 7

7.3
6.6
.7

3.4
9 7
•j

4.3
3 8
.6

3. 6
31
.5

18 6
16 2
2 5

7 1
63
8

4 0
3 3
7

4 9
4 3

4 9
4 3
6

20 9
18 1
2 8

43.6

48.0

46 6

49 0

187 2

46 8

50 8

52 0

56 3

205 8

42.1

44.7

44. 1

49. 7

180.6

43. 8

46. 8

50.0

54.0

194 6

15

3 4

2 4

— 7

6 7

30

4 0

2 o

2 3

11 3

Equals: Personal savin?*

Table 45.—Disposition of Personal Income,

[Billions of dollars]

1949

ii

III

IV

205 9

218 3

920 2

228 9

239 4

225 t

18 6
16. 2
2.5

19 3
16. 7

19 0
17.2
2.7

20 6

n.8
2.8

23 6
20. 8
2. o

20 ')
1H. 1
2. 8

186.9

187 2

199. 0

200.3

208.3

215.8

20o 8

183 0

180 6

185 1

189 7

203 8

199 6

194 6

6. 7

13.9

10.6

4.4

IV

207 5 I

206 0

204 7

205 5

18 7 i
16.3
2. 4 !
1
183. 8 !

IS. 6
It). 2
2. 4

18 6
10. 1

18 6
16. 1
2. 5

187. 3

ISfl 1

178 7 1

180 2

ISO 5

10. 1 !

7. 1

5.6

3 9

- __

Fruirls' Personal saving

1

i
j

I

III

Le c s' Pprsoiiol t?x and nontax payments
Federal
State and local
'Efjii'-il' 5 ' Disposable personal income

1950

n

1

.

Year

IV

50.9

Less: Personal tax and nontax pavments
Federal
State and local _
Equals: Disposable personal income

II

1950

Year

16.2 :1

Year

11.3

Table 46.—-Relation of Gross National Product,
[Billions of dollars]
1949

I

Gross national product
Le^s' Capital consumption allowances
Indirect business tax and nontax liability
Business transfer payments
_
Statistical discrepancy

III

II

IV

I

Year

II

Year

IV

III

63.1

62.8

64.6

67.7

258.2

64.7

67.6

74.2

80.3

286.8

4.6

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
-.2

5.3
5.8
.2
-1.8

5.5
6.4
.2
-.2

5.6
6.2
.2
2.6

21. 6
23.7
.8
.4

5.1
.2
-1.0

_ _

1950

Plus: Subsidies less current surplus of government enterprises-

.0

.0

-.1

.0

.0

.1

.2

.0

.1

.4

54.2

53.9

54.3

53.8

216.3

54.2

58.3

62.3

65.8

240.6

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

7.5
1.5
.0

7.3
1.5
-.1

7.7
1.4
.0

6.7
1.3
.0

29.2
5.7
.0

7.0
1.8
.0

8.7
1.8
.0

9.8
1.7
.0

10.5
1.6
.0

36.0
6.9
.0

Plus' Grovernmeiit 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

3.5
1.4
1.8
.2

2.7
1.0
2.2
.2

2.8
1.2
3.3
.2

14.3
4.7
9.1
.8

50.9

51.4

50.9

52.7

205.9

53.8

54.8

56.9

61.1

226.7

Equals* National income

_-

_____

Equals: Personal income

_

Table 47.—Relation of Gross National Product, National Income, and
[Billions of Dollars]
1949

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.

III

II

I

1950

IV

I

Year

11

III

Year

IV

260.6

258.6

256.9

256.8

258.2

265.0

280.3

295.6

306.3

286.8

18.5
20.9
.8
-.7

19.2
21.5
.8
1.6

19.6
22.1
.8
-1.3

20.2

19.4
21.6
.8
.2

20.6
22 2
.8
1.0

21.3
23.3
.8
2.0

22.1
25.2
.8
-.4

22.5
24.2
.9
-1.0

21.6
23.7
.8
.4

22.0
.8
1.0

.1

.2

-.2

j

.0

.4

.8

.0

.3

.4

215.5

212.7

216.3

220.8

233.9

247.8

260.1

240.6

221.2

215.7

Less: Corporate profits and inventory valuation adjustment...
Contributions 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

29.8
6.6
.0

34.9
6.7
.0

38.1
6.9
.0

41.1
7.3
.1

36.0
6.9
.0

Plus* Government transfer payments
Net interest paid bv government
Dividends
Business transfer payments

11.2
4.6
7.4
.8

11.7
4.6
7.3
.8

11.9
4.6
7.3
.8

11.8
4.6
7.8
.8

11.6
4.6
7.5
.8

20.6
4.7
7.9
.8

14.2
4.7
8.2
.8

11.1
4.7
9.4
.8

11.3
4.8
11.0
.9

14.3
4.7
9.1
.8

207.5

206.0

204.7

205.5

205.9

220.2

228.9

239.4

226.7

Equals* National income

Equals i Personal income



-

_- --

218.3

SURVEY OF CURRENT BUSINESS

July 1953

31

Personal Income, Quarterly, 1949-52
[Billions of dollars]
1952

1951

II

I

III

IV

Year

III

II

I

IV

Year

60.5

63.0

64.0

66.9

254.3

64.4

66.3

67.7

71.3

269.7

10.7

9.8
.9

5.9
5.1
.8

6.7
5.9

6.0
5.3

29.3
26.2

.7

1.0

7.3
6.4
.9

8. 1

3.2

12.3
11.2

7.3
.8

7.0
6.2
.8

34.6
31.1

Equals: Disposable personal income

49.7

57. 1

57. 3

60 9

225 0

52 1

59 0

59.6

64.3

235. 0

Less: Personal consumption expenditures

50.0

50.4

50.5

57.2

208.1

50.7

53.7

53.0

60.7

218.1

0

6.7

6.8

3 7

16 9

1. 4

5 3

6.6

3.6

16.9

Personal income

_

Less: Personal tax and nontax payments _
Federal _ _ _
. _ _ _
State and local

_.

___

Equals: Personal saving

.7

3.6

Seasonally Adjusted Quarterly Totals at Annual Rates, 1949~52
[Billions of dollars]
1951

Personal income

_

_ _

_ _

_

I

II

III

IV

246.5

252.8

256.5

281. 5

28.4
25. 4

28 9
25.8

29.3
20,1

30. 7
27.4

218 1

223 9

227 2

__

210.2

204. 8

206.6

_ _ _ _ _ _ _ .

7.9

19.1

20.6

__

Less- Personal tax and nontax payments
Federal- __
_ ..
_ _ _ ___
State and local

_

_.

_

Equals' Personal saving

_

__

_
_ _

Less" Personal consumption expenditures

1952

_______

3.0

_.

3.1

3.2

I

II

III

IV

254.3

262.8

26G. 0

271,4

278. 3

269.

29.3
26.2

34.2
30.7

34.3
30.8
3. 5

34,8
31.2
3 6

35. 3
31.6

34.

3.7

3.

230 8

225 0

228 7

9

31 7

236 6

243 0

o,,

210.9

208. 1

213. 7

217.2

217. 2

224.4

218.

20.0

16.9

15.0

14.5

19.4

18.6

16.

Yoar

3.3

3.4

3.2

Year

National Income, and Personal Income, Quarterly, 1949-52
[Billions of dollars]
1951

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. _

III

II

I

1952

IV

I

Year

II

III

IV

Year

79.1

80.3

82.2

88.3

32S.8

83.4

84.4

85.4

94.7

348.0

5.9
6.3
.2
.5

6.0
6.2
.2

6.1
6.4
2

24.2
25.7

6.9
.2

6.7
7.2
.2

-1.3

— 1.7

7.1
7.4
.2
3.9

27.0
28. 1

-1.2

6.4
6.6
.2
-.5

6. 7

Q

6.3
6.8
.2
2.7

.9
1.1

.9
.5

.2

.2

.0

.0

.4

.0

.1

.0

.0

.1

66.4

69.0

70.7

72.3

278.4

70.7

71.8

73.0

76.1

291.6

Less: Corporate profits and inventory valuation adjustment. __
Contributions for social insurance _
_ __ _ _ ._
Excess of wage accruals over disbursements

9.8
2.2

10.6
2.2

10.8
2.0

11.1
1.8
o

42.4
8.2

10.1
2.5

10.0
2 2

9.7
2. 1
—.1

10.4
1.9

40.2
8.6
—.1

Plus: Government transfer payments
Net interest paid by government
Dividends
Business transfer payments
. ___ _ _

2.9
1.0
2.0
.2

2.9
1.4
2.1
.2

2.9

2.9
1.3
2.9
.2

11.6

2.9

2.9
1.4

3.0

3.1

2.1
.2

60.5

63.0

64.0

66.9

254.3

Equals: National income

_.

_ _ _

_ _

_ _

.0

_. _ __
_ _

Equals: Personal income

.0

.2

10

.0

.0

4.8
9.2
.9

.0

10

2.1
.2
64.4

.0

2.8
.2

12.0
4 9

.2

2.1
.2

14

2. 1

66.3

67.7

71.3

269.7

1. 1

9.1
.9

Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949—52
[Billions of dollars]
1951

II

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

1952

III

IV

III

II

I

Year

IV

Year

319.6

330.4

332.5

336.9

329.8

340.4

345.1

345.3

361.1

348.0

23.4
25.9

24.0
25.0

24.4
25.5

25.1
26.3

24.2
25.7

25.7
27.0

26.9
28.0

27.0
28.3

28.2
28.9

27.0
28.1

.9
-.5

.9
4.8

.9
.8

.9
-.8

.9
1.1

.9
.0

.9
1.8

.9

-1.4

.9
1.6

.9
.5

.6

.9

.0

.1

.4

.1

.4

-.1

o

.1

270.6

276.6

280.9

285.5

278.4

286.8

287.9

280.4

301.4

291.6

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

41.7
8.1

42.1
8.2
o

42.3
8.1

43.3

.1

42.4
8.2

.0

39.9
8.6

.0

-.3

41.7
8.8

40.2
8.6

-.6

41.7
8.6

37.7
8.7

.8

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

11.2

11.6

11.7

11.7

11.6

11.5

11.7

12.2

12.4

12.0

246.5

252.8

256.5

261.5

254.3

262.8

266.0

271.4

278.3

269.7

Plus: Subsidies less current surplus of government enterprisesEquals: National income

Equals: Personal income




_ _

_

_ . _

4.8
9.0
.9

_

4.8
9.0
.9

4.9
9.3
.9

0

O

4.9
9.5
.9

4.8
9.2
.9

.1

4.9
9.1
.9

4.9
9.1
.9

4.9
9.1
.9

.0

4.9
9.1
.9

-.1
4.9
9.1
.9

SUEVEY OF CURRENT BUSINESS

32

July 1953

Table 48.—Personal Income, Seasonally Adjusted Monthly Totals at Annual Rates, 1949-52
[Billions of dollars]
Wage and salary disbursements
Personal
income

Year and month

Total

Commodity Distribuproducing
tive
industries industries

Service
industries

Other labor Proprietors'
and rental
Wage and
income
income
salary
receipts J

Government

Dividends
and
personal
interest
income

Transfer
payments

Less: Personal conNonagritributions
cultural
for social
income
insurance

1949
January _ ...
February
March
April.
._.
May
June

210.0
206.3
206.1
205.9
206.2
205.8

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

133.6
132.1
130.6
131.8
131.7
130.7

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
12.5
12.4
12.5

2.3
2.3
2.3
2.2
2.2
2.3

189.3
188. 5
188.3
189.0
188.8
188. 1

July
August _
September
October __
November
December

204.0
204.9
205. 2
202.9
204.4
209.0

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

130.6
130.4
131.0
129.5
130.4
132.1

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

2.1
2.2
2.2
2.2
2.2
2.2

187.7
188.1
189.1
186.8
188.6
192.4

205. 9

133.4

56.9

38.9

17.2

20.4

131. 2

3.1

42.1

17.1

12.4

2.2

188.7

January .
February
March
_ ._
April
May
June ..

214.5
217.3
223.1
219.0
2£0.2
221.3

134.2
133.6
136.3
138.5
140.7
143.9

56.8
56.0
58.0
59.4
61.1
62.8

39.0
39.0
39.4
39.8
40.3
41.1

17.5
17.7
17.9
18.1
18.3
18.7

20.9
20.9
21.0
21.2
21.0
21.3

131.3
130.9
133.5
135. 8
137.9
140.9

3.4
3.4
3.6
3.7
3.8
3.8

44.0
42.9
43.7
44.0
45.7
44.3

17.7
18.0
18.2
18.4
18.5
18.7

18.1
22.1
24.1
17.1
14.3
13.6

2.8
2.7
2.8
2.7
2.8
2.9 j

196.2
200. 4
205.6
201.5
201.7
205. 0

July
August
September .
October
November _ .__
December

224.8
229.0
232.9
235.0
236.9
246.3

146. 1
150.2
152.5
155.2
156. 7
158.7

64.0
66.4
67.4
69.4
70.1
71.1

41.9
42.6
42.8
43.1
43.0
43.6

18.8
19.0
19.0
19.1
19.2
19.4

21.4
22.2
23.3
23.6
24.4
24.6

143.2
147.1
149.7
152.1
153.6
155.8

3.9
4.0
4.1
4.2
4.3
4.4

46.5
46.7
45.6
46.5
47.1
48.4

18.9
19.3
21.9
19.8
19.8
25.7

12.3
11.9
11.6
12.4
12.1
12.0

2.7
3.0
2.8
3.2
3.1
3.0

206.9
211.4
216.0
217.1
218.4
227.3

226.7

145.5

63.5

41.3

18.6

22.1

142.6

3.9

45.4

19.6

15.1

2.9

209.0

244.9
246.8
247.9
251.4
252. 8
254.3

161.3
163.2
165.5
167.5
168.5
171.2

71.8
72.5
73.5
74.7
74.9
75.3

44.3
44.9
45.1
45.3
45.5
46.9

19.7
19.6
20.0
20.1
20.2
20.4

25.5
26.2
26.9
27.4
27.9
28.6

157.8
160.0
161. 9
164.1
165.0
167.9

4.3
4.3
4.3
4.3
4.3
4.3

50.4
50.4
49.6
50.8
50.6
49.0

20.1
20.1
20.1
20.1
20.2
20.3

12.3
12.0
12.0
12.1
12.7
12.8

3.5
3.3
3.6
3.3
3. 6
3.4

225.4
226.9
228.6
230. 6
232.6
235.5

254.6
256.7
258.0
261. 7
260.8
262. 0

170.7
171.0
172.6
174.5
175.3
176.8

75.1
75.0
76.1
76.4
76.2
77.9

46.3
46.3
46.4
46.5
46.6
46.9

20.5
20.4
20.4
20.7
20.8
20.9

28.8
29.3
29.7
30.9
31.7
31.1

167.2
167.7
169. 2
170.9
171.8
173.4

4.3
4.3
4.3
4.3
4.3
4.4

50.1
51.5
51.0
52.8
51.4
50.5

20.4
20.5
20.9
20.7
20.7
21.4

12.6
12.7
12.6
13.0
12.6
12.3

3.4
3.3
3.3
3.5
3.5
3.4

234.4
235. 5
237.3
239.8
240.1
241.8

254.3

169.8

74.9

45.9

20.3

28.7

166. 4

4.3

50.7

20.5

12.5

3.4

234.0

261.0
263.8
263. 8
363.4
266.2
268.1

177.2
179.1
179.3
178.7
179.9
181.6

77.7
78.8
78.7
78.2
78.0
78.2

47.2
47.4
47.6
47.4
48.0
48.5

20.9
21.1
21.1
21.3
21.6
21.8

31.4
31.8
31.9
31.8
32.3
33.1

173.7
175.6
175.7
175.3
176.4
178.0

4.5
4.5
4.5
4.6
4.6
4.7

50.0
50.9
50.6
50.6
51.8
52.2

20.6
20.7
20.8
20.8
20.9
20.9

12.6
12.3
12.3
12.4
12.7
12.6

3.9
3.7
3.7
3.7
3.7
3.9

241. 9
243.9
243.8
243.8
245.6
247.4

266. 3
271.3
276.4
277.3
277.2
280.6

180.3
185.4
188.4
190.2
191.4
192. 5

75.8
80.6
83.8
84.7
85.6
87.0

49.5
49.5
49.4
50.0
50.0
50.1

22.2
22.2
22.3
22.4
22.5
22.6

32.8
33.1
32.9
33.1
33.3
32.8

176.7
181.9
184.8
186. 6
187.8
188.7

4.7
4.7
4.9
5.0
5.1
5.1

51.5
50.6
52.5
51.4
50.0
51.8

20.9
21.0
21.2
21.3
21.4
21.5

12.7
13.4
13.3
13.3
13.1
13.6

3.8
3.8
3.9
3.9
3.8
3.9

246.0
251.9
255.7
258. 0
259.1
261.6

269.7

183.7

80.6

48.7

21.8

32.5

180.1

4.7

51.2

21.0

12.9

3.8

249.9

__

Total
1950

Total
1951

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

__ _ _ __

__

Total
January
February
M arch
April
May
June

1952

July
August
September
October
November
December

-

Total

1. Equals wage and salary disbursements less employee contributions for social insurance. Such contributions are included in personal contributions for social insurance.

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 * * * nonlandlords," 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."
142 Tenth and eleventh lines from end of second column: "productivity" for "production." Phrase beginning on eleventh line
should read "even if no increase (decrease) in productivity occurs
within the individual industries."
146 Implicit price deflators for gross national product by major segments, 1947: In "Gross national product" line, 168.3 for 168.6;
In "Gross private domestic investment" line, 156.1 for 157.9;
In "Gross private product" line, 168.2 for 168.5.
157 Income originating in households and institutions, Supplements
to wages and salaries, 1948: In "Employer contributions" line,
substitute 17 for 30; In "Other labor income" line, substitute 30
for 17.




Page
158

164

170
174

191

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.
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.
Services—amusement and recreation, except motion pictures,
1932: -30 for -3.
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.
Transportation—Water transportation, 1946: 912 for 523.
Transportation—Air transportation (common carriers), 1946:
523 for 193. Transportation—Pipe-line transportation, 1946:
193 for 912.

BUSINESS STATISTICS
-L 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 (t), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index
numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely.
vided through the courtesy of the compilers, and are subject to their copyrights.

Data from private sources are pro-

1952

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

May

June

July

August

1953
September

October

November

December

January

F

|£™'

March

April

May

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT t
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil of dol
Compensation of employees, total
do
Wages and salaries, total
do
Private
do
Military
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' and rental income, totalcf
do
Business and professionalcf
_ do
Farm
do
Rental income of persons .
._
do
Corporate profits and inventory valuation adjustment, total
bil of dol
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax .
do
Inventory valuation adjustment
do
Net interest
do

' 287. 9
189. 5

51.5
'26.3
' 15.3
'10.0

r

39.9
38.2
20 1
18.0

17

6.9

Gross national product, total-- ._ _ _ _ do
Personal consumption expenditures,total do
Durable goods-.
__ . _ do
Nondurable goods
___do
Services
do
Gross private domestic investmentdo
New construction _ - _ _ _
. __ _
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment.
do
Government purchases of goods and services,
total
. _
bil. of dol
Federal (less Government sales)
do
National security 9 -do
State and local
_do

' 345. 1
' 217 2
' 27.4
' 118.0

Personal income, total- _
Less: Personal tax and nontax payments
Equals: Disposable personal income

' T266. 0
34.3
' r231. 7
14.5

r
49 6
'23.4
r
25. 6
T
.7
T
5

'37.7
'37.0
' 19 4
' 17.5
' .7
7. 1

'41 7
40 3
' 21 2
' 19. 1
'14
r 7 4

43 6
44.4
24.1
20.3
' 8
' 7.6

' 345. 3
' 217 2
'25.1
' 118. 7

'361 1
' 224 4
' 28 2
' 121. 1

' 363. 4
'227 7
'30.2
' 121.2

' 57 9
' 23 9

'55 4
' 25.0
' 27 5
' 2.9
' 2 9

r
r

52 3
23. 1
' 24 9
' 4 2
' 2 0

r 77 7
r
54.7
r
49 8
23.0

do
do
do

306.5
' 204. 5
' 194. 5
'161.3

'
'
'
'

T

' 180. 1
' 147. 7
r
10.4
r
22 0
r
95
r

r

301. 4
201. 3
191.3
158. 3
10 4
22 6
' 10 0
' 51. 1
'26.7
' 14.0
' 10.3

' 290. 4
' 194. 1
184 4
' 151.5
' 10.6
22 4
r
9.6
' 51.5
'26.1
15.2
'10.2

r

'
'
r
'

10 0
50.8
27.0
13.4
10.4

r 25 5

'

77 8
54 6
49 2
23 2

'85
16
r 56 4
r 50 5
24 0

82
57
'51
'24

T 278 3
r 35 3
' 243. 0
' 18.6

'281 6
'36 2
' 245. 4
' 17.7

r gO 4

' 271. 4
' 34 8
' 236. 6
' 19.4

4
4
6
9

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

do

T

266. 2
' 179. 9
78.0
48.0
21.6
32.3
r
176. 4
'4.6
51.8
20.9
12.7

r
268 1
' 181. 6
* 78. 2
r
48 5

r 21 8
r

T 33 i
178 0
r 4 7

r
52. 2
'20.9

r 12 6

'3.7

'3.9

' 245. 6

' 247. 4

' 266. 3
' 180. 3
'75.8
' 49. 5
'r 22.2
32 8
' 176.
7
r
4.7
'51.5
'20.9
r
12 7

r

' 271. 3
' 185. 4
'80.6
' 49. 5
' 22 2
' 33 1
r
181.9
r
4 7
' 50. 6
'21.0
r
13 4

'3.8

'3.8

246. 0

' 251. 9

r 276 4
' 188. 4
'83.8
r 49 4
r 22 3

r 32 9
' 184 8
' 4 9
' 52. 5
'21.2
' 13 3

' 277 3
' 190. 2
84.7
50 0
22 4
33 1
r 186 6

' 5 0
51.4
21.3
13 3

'3.9

'3.9

' 255. 7

' 258. 0

r 277 2
' 191. 4
' 85. 6
' 50 0
r 22 5

r 33 3
' 187 8
'51
' 50. 0
'21.4
r 13 1

'3.8
' 259. 1

T 280 6
' 192. 5
87.0
50 1
22 6
32 g
' 188 7
'51
51.8
21.5
13 6
'3.9
' 261. 6

' 280 5 r 281 0
' 192. 8 ' 194. 6
86.8
88.0
50 2
50 6
22 7
22 8
33 1
33 2
' 188 8 r 190 9
'51
'51
51.6
50.2
21.6
21.7
13 5
13 3

'4.1
' 261. 1

' 283 6
' 196. 2
88.8
50 9
23 2
33 3
r 192 4
'51
50.7
21.9
13 7

28*^ 7
r 196. 6
88.8
51 0
r

00

A

00

A

' 197. 2
89.0

T 1Q9 ft

49.4
22.0

49.9
22.1

'3.9

'4.0

'4.0

'4.0

' 263. 3

' 265. 4

' 265. 5

' 266. 2

NEW PLANT AND EQUIPMENT
EXPENDITURE SJ
All industries, quarterly total
Manufacturing
_ __

mil. of doL.
do

1
6,244
7,265
6, 147
2,820
3, 367
2,747
206
229
199
Railroads
_ _
do
289
357
310
Transportation, other than rail _
do
302
335
311
Public utilities
_
do
947
1,142
904
Commercial and other
do
1
1,680
1,835
1,675
' Revised
-i j^Bbiiiirtuea
Estimates ivi
for suusequtuii
subsequent puiiuus
periods^MQSS,
ui iyuo, uaseu
based uii
on^anticipated
amicipaieu capiiai
capital expenditures 01
of ousmess,
business, are
are snown
shown on
on p.
p. 63 or
of June 1953 SURVEY.
series. Quarterly estimates of national income and product and quarterly
and monthly estimates of personal income have been revised beginning 1949; see pp 29-31 of the July
1952 SURVEY
. foi
or the 1949 data and pp. . 28-32 of this issue for data beginning 1950..
d1 Includes inventory valuation adjustment..
? Government sales are not deducted.
§Pcrsonal
saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above
OData through 1951 represent employee contributions only; thereafter, personal contributions of self-employed persons are also included.
{Revised beginning 1939 Revisions for 1939
1939 and
and 1945-5
1945-50 appear on pp. 20 and 21 of the August 1952
SURVEY; those for 1951, on p. 9 of the March 1953 issue.

259682°—53

4




6,808
3,156
228
386
372
928
1,738

S-l

SURVEY OF CURRENT BUSINESS

S-2

July 1053
1953

1952

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

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

2,176
2,142
573
1,569
433
825
272

2,381
2,361
851
1,510
427
769
271

2,711
2,697
1,235
1,462
410
759
269

2,882
2,874
1,377
1,497
394
812
278

3,620
3,609
1,926
1,683
370
984
316

4,123

3,546
3,528

1,795
365
1,088
330

1,877
1,651
346
911
384

3, 056
1,537
1,519
338
826
349

323
202
413

356
301
398

407
436
385

434
487
394

544
681
443

618
814
472

532
663
435

123
68
164

139
108
162

154
165
145

161
182
145

196
237
164

220
274
179

190
217
170

211

205

194

218

232

233

224

215

203

228

242

245

278
246
145
168
133
353
216
199
260

249
140
155
169
148
352
210
195
246

232
139
150
165
143
331
201
184
241

269
244
160
175
152
336
213
197
251

292
270
167
183
159
354

do
do
do
do
do
do

224
241
167
260
338
231

225
237
169
266
339
229

216
236
160
255
287
162

Nondurable manufactures
Alcoholic beverages
Chemical products
Industrical 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

180
158
291
558
105
90
115
154
197
147
96

187
176
296
563
102
90
111
165
217
147
124

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

182
175
209
165
157
174
242
151
135
287
117
178

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

3,072

2,717
1,331
1,386
337
780
259

1,889
1,872
669
1,203
311
654
231

2,025
2,000
618
1,382
357
725
290

1, 934
1,897
522
1,375
365
692
'302

1,979
1,945
520
1,425
407
673
318

461
544
400

410
470
365

283
238
317

302
218
364

286
'184
362

293
184
375

180
197
168

164
183
149

115
93
131

122
81
153

118
68
'156

122
70
161

235

233

232

236

240

'240

?241

246

246

245

250

255

254

P254

305
283
160
191
143
371
241
236
251

310
286
151
196
128
385
246
241
259

312
287
151
189
132
393
'250

319
'290
'158
'191
142
'398
'259
'246
293

326
297
163
'194
146
405
'259
'243
301

'325
292
'168
190
' 157
'402
'263
' 248
'299

^321
P291

225
216
248

301
281
164
189
151
363
237
231
251

231
261
169
272
300
175

232
263
167
267
353
247

235
267
173
262
371
265

226
252
167
245
376
272

214
231
165
210
392
282

209
209
155
227
'391

227
224
'161
'271
'412
'308

'230
249
'160
261
'415
'311

?233

'283

216
212
'157
248
'403
'297

181
186
295
565
90
77
98
174
215
137
179

195
159
299
568
116
95
129
185
214
138
234

201
159
305
567
111
95
123
192
173
154
279

200
173
309
578
112
104
118
178
133
169
190

199
163
313
595
114
107
120
165
106
190
114

193
142
314
598
107
99
112
161
107
208
100

191
134
311
'595
117
103
126
153
98
199
'93

194
144
'313
'598
122
'109
131
'149
109
166
'90

197
161
'319
607
116
97
129
150
128
166
85

196
165
'322
'615
113
102
119
150
162
'159
'89

*200

182
177
251
72
216
175
246
154
133
312
112
197

159
153
259
67
225
145
225
147
111
343
103
179

188
180
280
169
231
157
242
170
143
369
123
193

191
181
282
177
234
166
252
177
145
377
137
198

203
192
279
179
225
180
260
172
142
361
134
197

205
194
290
182
233
183
264
176
149
356
137
184

195
185
291
186
229
172
272
169
141
337
138
159

200
191
293
188
230
168
268
169
140
350
130
178

'207
198
293
188
231
178
'270
173
149
338
142
184

211
201
289
189
225
187
'275
'173
148
352
137
183

'210
200
'287
187
'225
'187
'272
' 168
141
355
127
174

*209

143
140
73
107
159
159

149
161
74
102
193
74

144
155
57
91
190
81

161
161
61
102
194
164

180
180
88
144
203
178

166
167
95
93
203
164

170
177
87
135
202
131

163
176
71
125
207
84

159
172
60
116
204
84

158
170
60
109
205
'87

157
168
52
107
204
' 90

'163
'167
'47
113
'201
'134

v 169
v 170
66
113

do

211

204

193

215

228

230

234

235

236

240

243

'241

^241

do „ _ _

224

214

202

225

237

242

245

247

249

254

258

'255

i>254

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

277
142
128
216
259
217
230
168
243

247
146
134
210
247
222
222
170
269

230
141
128
201
242
214
215
158
266

267
149
135
213
251
221
231
163
261

290
155
140
225
248
222
227
161
261

300
155
138
237
251
224
231
163
254

304
161
146
240
251
221
233
162
242

313
165
149
246
258
221
254
160
225

-•316
171
162
'250
266
'223
257
168
232

322
175
166
'259
293
233
279
' 166
255

328
'172
161
'259
300
238
273
'169
'271

'326
' 168
' 157
' 263
'299
'234
262
165
261

P320

4,098
2,303

2,742

INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index

1935-39=100..

Manufactures

- -- do

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

Minerals
Fuels
Anthracite
Bituminous coal
Crude petroleum
Metals
Adjusted, combined indexed
Manufactures .
Durable manufactures
Lumber and products
Lumber
_
Non ferrous metals
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
Glass containers

-

-

••243
266

*>158

v 184
v 145

»398
P264

P 253
?291

P158

»403
*300
164

*>323
?633
P 157
202
154
v 100
199

2=288
189

P229
187
» 175
143
370
174

»203

v 165

» 154
P 139
v 264
* 291

^226

p~158~

194
195
179
191
195
201
z>201
197
194
'199
181
186
198
Nondurable manufactures
do
162
151
155
166
162
180
158
159
173
164
150
152
155
Alcoholic beverages
_ _ _ __do
302
302
304
308
'310
299
309
'311
'319
292
298
' 310
? 323
Chemical products
do
116
112
112
91
113
116
119
105
107
117
113
103
Leather and products
do
97
97
103
103
103
92
81
101
90
'98
103
100
Leather tanning
do
164
165
161
164
162
168
'165
165
168
164
v 164
160
166
Manufactured food products
do
148
146
152
148
147
151
154
152
145
151
156
148
147
Dairv products
do _ _ _
158
169
169
174
147
170
170
176
154
146
148
179
'171
Meat packing
do
123
143
124
'146
161
138
147 1
128
'154
147
'143
J>155
'143
Processed fruits and vegetables
do
T
Revised.
* Preliminary.
JRevised annual totals for 1910-44, incorporating changes in methods of estimation and adjustments in production, disposition, and prices, are shown on p. 23 of the December 1951
SURVEY; revisions beginning 1945 to adjust to benchmarks indicated by the 1950 Census of Agriculture will be available later.
cfSeasonal factors for a number of industries were fixed at 100 during 1939-42; data for these industries are shown only in the unadjusted series.




SUKVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-3
1953

1952

May

June

July

August

Septem-

October

Novem-

ber

Decem-

ber

January

Febru-

ary

March

April

May

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION—Continued
Federal Reserve Index — Continued
Adjustedc?1— Continued
Manufactures— Continued
N ondurable manufactures— Continued
Paper and products
-.1935-39=100.
Paper and pulp
. do . _ _
Printing and publishing
do
Tobacco products
_. __ _ _ _ d o

182
175
170
178

181
176
176
189

160
154
157
172

188
180
165
186

192
181
165
187

203
192
176
190

205
194
175
181

196
185
168
172

200
191
173
179

207
197
180
194

211
201
183
194

'209
' 199
181
184

140
143

147
65

142
65

156
131

175
149

164
145

171
138

168
117

164
120

163
123

162
'125

'164
'145

P 167
v 149

Business sales (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

45, 545
23, 247
11, 328
11,918
8,448
2, 669
5,779
13, 850
4,927
8,923

44, 395
21, 888
10, 060
11, 828
8,493
2,698
5,795
14,014
4,883
9,131

44, 474
21, 858
9,777
12, 081
8,949
2,817
6,132
13, 667
4,494
9, 173

43, 628
21, 898
10,437
11, 460
8,371
2,495
5,876
13, 359
4,199
9,160

46, 288
23, 663
11,510
12, 154
9, 055
2,793
6,262
13, 570
4, 505
9,065

48, 344
24, 753
11, 968
12, 785
9. 389
2,931
6, 458
14, 202
4,844
9, 358

46, 229
23, 430
11, 676
11, 754
8, 773
2,737
6,036
14, 026
4, 769
9,257

48, 023
24, 276
11 913
12, 363
9 337
2,962
6, 375
14 410
4,871
9, 539

47, 383
24, 292
12 195
12, 097
8 951
2,777
6,174
14, 140
5, 000
9, 140

48, 827
25, 170
12, 828
12, 342
9.143
2.929
6,214
14, 514
5,304
9,211

49, 104
25, 469
12, 821
12, 648
9, 198
2, 952
6,246
14, 437
5, 211
9,225

' 49, 965
' 26, 838
'13,490
' 13, 348
' 8, 858
2,897
' 5, 961
' 14, 269
' 5, 113
' 9, 156

49, 403
26, 314
13, 263
13, 050
8, 639
2,849
5,790
14, 450
5,128
9,322

Business inventories, book value, end of month
(adjusted) total
mil. ofdol
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

73, 074
43, 144
23, 595
19, 550
9,861
4, 955
4,906
20, 069
9,112
10,957

72, 913
42, 892
23, 348
19, 544
9,896
4,858
5,038
20,125
9,030
11,095

72, 765
42, 748
22, 962
19, 786
9,890
4,864
5,026
20, 127
8,749
11,378

72, 714
43, 107
23, 200
19, 908
9, 862
4, 934
4,928
19, 745
8,626
11,119

73, 437
43, 224
23, 292
19, 932
9,932
4,964
4,968
20, 281
8,956
11, 325

74, 189
43,415
23, 615
19, 800
10, 122
4,986
5, 136
20, 652
9, 175
11, 477

74, 682
43, 596
23, 835
19, 761
10, 191
5,084
5,107
20, 895
9, 384
11, 511

74 757
43 824
24, 292
19, 532
10 129
5, 079
5, 050
20, 804
9,352
11, 452

74 619
43, 766
24, 392
19, 374
10, 039
5,084
4, 955
20, 814
9,539
11, 275

74, 941
43, 848
24, 480
19, 368
10, 120
5, 219
4,901
20, 973
9, 905
11,068

75, 335
44, 056
24, 746
19, 309
10. 183
5,336
4,847
21. 096
10, 084
11, 012

' 76, 474
' 44, 574
' 25, 122
'19,452
' 10, 244
' 5, 322
' 4, 922
' 21, 656
' 10, 396
' 11, 260

77, 130
45. 048
25, 421
19, 627
10, 343
5,349
4,994
21. 739
10, 422
11,317

MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf
Sales:
Value (unadjusted), total
mil. ofdol
Durable-goods industries
.
do
Nondurable-goods industries
.__
do

22, 478
11,056
11,422

21, 640
10, 284
11, 356

20, 051
8,844
11, 207

22, 605
10, 579
12,026

24, 700
11, 905
12, 795

26, 488
12, 787
13, 701

23, 408
11,510
11,898

24 315
12 172
12, 142

23, 888
11,747
12, 141

24, 184
12, 274
11, 909

26, 738
13, 581
13, 157

' 26, 207
'13,456
'12,750

25, 400
12,918
12, 482

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 . _ - d o
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, 247
11, 328
1,934
1,197
1,069
2,033
1,812
817
336
642
509
297
684

21, 888
10, 060
991
1,085
1, 154
1,964
1,815
736
350
597
483
265
619

21, 858
9,777
1,113
1,184
1,106
1,942
1,167
790
377
621
497
302
678

21,898
10,437
1,930
1,053
1,168
1,833
1,309
811
389
600
522
261
563

23,663
11,510
2,107
1,156
1,256
1,966
1,831
749
419
629
545
245
607

24, 753
11,968
2,198
1,263
1,205
2,068
1,842
812
410
678
553
277
663

23, 430
11,676
2,100
1,177
1,238
2, 060
1,826
923
362
596
518
255
623

04 075
11 913
2,048
1 287
1, 259
2,053
1 9?.0
819
362
727
497
310
629

24, 292
12, 195
2,082
1,397
1, 256
2,138
2,068
817
305
721
509
312
590

25, 170
12, 828
2, 115
1,481
' 1, 341
2,204
2,164
837
315
766
571
311
723

25, 469
12, 821
2,150
1,446
1,347
2, 137
2,241
786
361
717
585
331
719

' 26, 838
'13,490
2, 296
1,589
1,316
2,224
2, 344
'878
'373
'800
'538
'365
'766

26, 314
13, 263
2,234
1,480
1,380
2,134
2, 342
877
379
767
576
360
734

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

11,918
3,312
568
311
1,148
1,121
274
630
720
1,566
1,846
424

11, 828
3,171
638
310
1,116
1,124
290
625
684
1,495
1,945
430

12, 081
3,267
609
325
1,162
1,171
267
650
704
1,560
1,956
408

11,460
3,012
573
310
1,058
965
282
667
667
1,473
2,003
452

12, 154
3, 246
534
324
1,137
1,068
275
699
678
1,602
2,109
482

12, 785
3,452
513
327
1,188
1,281
265
734
720
1, 660
2,181
464

11, 754
3,191
457
309
1,084
1,143
234
663
678
1,532
2,059
403

12,363
3,293
545
344
1,151
1,260
288
682
691
1,558
2, 114
438

12, 097
3,211
478
306
1,108
1,046
299
736
725
1,667
2,014
507

12, 342
3,314
465
333
1,113
1,038
307
722
754
1,715
2,081
499

12, 648
3,480
570
325
1,127
1,036
292
718
754
1, 767
2,067
510

' 13, 348
' 3, 674

13, 050
3,524
632
311
1, 260
1,143
326
712
775
1,820
2, 050

do.- _
do
do

43, 407
23, 924
19, 483

42, 972
23, 518
19, 454

42, 660
23, 050
19, 610

42, 707
23, 116
19, 591

42, 660
23, 147
19, 513

42, 920
23, 385
19, 536

43, 243
23, 553
19, 690

43, 829
24, 045
19, 784

44, 037
24, 253
19, 784

44, 264
24, 539
19, 726

44, 551
24, 990
19, 560

' 44, 804
' 25, 332
' 19, 472

45, 361
25, 770
19, 590

do
do
do

16, 156
11,919
15, 332

15, 871
11, 782
15, 320

15, 737
11, 813
15, 110

15, 699
12, 041
14, 967

15, 836
12, 132
14, 692

16, 058
12, 272
14, 590

16, 236
12, 268
14, 739

16,414
12 516
14, 898

16, 106
12, 735
15, 195

16, 030
13, 044
15, 190

16, 052
13, 236
15, 263

'15,878
' 13, 408
' 15, 518

15,913
13, 461
15, 986

43,144
23, 595
2,909
2,432
3,133
5, 525
2, 674
2,177
566
1,040
926
748
1,466

42, 892
23. 348
2,945
2,344
3,107
5,461
2,562
2,202
556
1,030
937
762
1,444

42, 748
22, 962
2,928
2,235
3,062
5,314
2,517
2,248
555
1,005
922
757
1,420

43, 107
23, 200
2,971
2,309
3,037
5,280
2,641
2,291
532
1,010
904
770
1,456

43, 224
23, 292
3,031
2,318
3,031
5,274
2,636
2,343
534
1,006
892
764
1,462

43, 415
23, 615
3,084
2,362
3,039
5,275
2,735
2,472
533
1,019
874
778
1,445

43, 596
23 835
3,165
2,401
3,032
5,287
2,853
2,455
543
1,054
852
785
1,408

43, 824
24 292
3, 122
2,424
3,096
5,411
3,009
2,576
518
1,066
850
808
1,412

43, 766
24 392
3,156
2,439
3,120
5, 396
3,017
2,566
525
1,072
872
809
1,420

43, 848
24, 480
3,080
2,420
3,137
5,445
3,050
2,609
544
1,076
890
808
1,422

44, 056
24, 746
3,070
2, 446
3,200
5,482
3,139
2,643
544
1,092
900
794
1,438

' 44, 574
' 25, 122
3,083
2,507
3,302
5,514
3, 265
2,661
'534
'1,086
'920
'799
'1,451

45, 048
25, 421
3,140
2,566
3,359
5,528
3, 335
2,624
560
1,104
934
798
1,472

Minerals
Metals

_

- ..

do _
do

209
199
184
174

BUSINESS SALES AND INVENTORIES^

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

.
- _-

Book value (adjusted), total
. dc
Durable-goods industries, total
1<
Primary metals
.1<
Fabricated metal products _. __ .
h
Electrical machinery and equipment... 1<
Machinery, except electrical ..
lo
Motor vehicles and equipment
do
Transportation equipment, n. e. s
do
Furniture andfixtures.. _ __ .
do - .
Lumber products, except furniture
do
Stone, clay, and glass products.. __ ..do
Professional and scientific instruments -do
Other industries, including ordnance..-do
r

r 576

327
'1,345
'1,176
'299
' 720
'782
' 1, 808
' 2, 146
496

Revised.
» Preliminary.
cf See note marked "d"" on p. S-2.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on this page; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.
tRevised series. All components of business sales, inventories, and orders have been revised since publication of the 1951 STATISTICAL SUPPLEMENT. The latest revision (affecting data
back to 1949) and appropriate explanations of changes for all series except retail sales appear in the October 1952 SURVEY (see pp. 12 ff.), in the November 1952 issue (see pp. 18 ff.), and in the
March 1953 issue (see p. 20); the new estimates of retail sales (which begin with data for 1951), together with the revised old series for 1951, were first shown in the September 1952 SURVEY,
pp. 17 ff. Data through 1948 for manufacturers' sales and inventories and wholesale sales and inventories, comparable with current figures, appear in the October 1951 SURVEY (see pp. 17-

19 and 23, 24).




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 1953
1953

1952

May

June

July

August

September

October

November

December

January

February

March

April

May

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDER Sf~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, 550
3,486
1,321
1,704
2,735
1,543

575
1,039
751
2,973
2,544
878

19, 544
3,473
1,296
1,693
2,734
1,537
558
1,028
741
3,011
2,607
864

19, 786
3,485
1,289
1,724
2,764
1,685
554
1,007
715
2,995
2,683
884

19,908
3,489
1,259
1,720
2,798
1,770
543
972
722
3,022
2,728
884

19, 932
3,443
1,268
1,726
2,833
1,725
541
973
734
3,022
2,788
877

19, 800
3,488
1,222
1 726
2,841
1,609
549
960
744
3,010
2,777
874

19, 761
3,450
1,202
1,742
2,743
1,618
545
974
775
3,009
2,805
897

19, 532
3, 332
1, 164
1,778
2, 654
1,665
548
1,001
758
2, 968
2,727
936

19, 374
3,312
1, 153
1,773
2,606
1,689
549
990
757
2 915
2,716
915

19, 368
3,378
1,184
1,738
2,618
1,683
534
992
746
2,894
2,713
887

19, 309
3,275
1, 198
1,731
2,597
1,674
553
990
755
2,907
2,726
903

' 19, 452
' 3, 241
"1,190
'1,750
' 2, 648
'1,678
'572
••998
-•755
' 2, 969
' 2, 726
925

19, 627
3,266
1,194
1,765
2,669
1,676
604
982
730
3,021
2,795

New orders, net (adjusted), total O
- - -- do
Durable-goods, industries, total
do .
Primarv metals
do
Fabricated metal products
do
Electrical machinery and equipment
do. __
Machinery except electrical
do
Transportation equipment, including motor
vehicles and parts
mil. of dol
Other industries, including ordnance
do
Nondurable-goods industries, total .
do. __
Industries with unfilled orders?
do
Industries without unfilled orders^
do

22, 748
10, 956
1,883
1,275
1, 156
1,713

25, 042
13, 138
1,271
1,278
1,355
1,908

23, 434
11, 140
1,374
1,252
1,174
1,916

21 , 852
9,998
1,789
1, 142
1,066
1,515

24, 516
12,328
2,194
1,375
1,311
1 883

24, 152
11,452
2 211
1 289
1,324
1 926

23, 061
11,441
1,855
1 169
1,184
1,999

24, 466
12,011
1, 834
1 203
1 366
1 965

24, 270
12, 080
2,027
1 408
1,579
1 784

25, 530
13, 138
2,165
1 390
1,363
1 813

24, 591
12, 023
2,080
1, 322
1,096
1,894

' 25, 708
'12.621
r
2, 083
'1,330
' 1 , 684
' 2, 202

25, 747
12, 843
2,149
1,419
1,482
2,033

2,474
2,456
11,792
2,645
9,146

4,734
2,592
11,904
2,791
9,113

2,815
2,609
12, 295
2,996
9, 298

2, 368
2,118
11,854
3.067
8,787

3 301
2, 265
12,187
2,823
9,364

2 252
2, 451
12, 700
2, 822
9^878

2,789
2,445
11,620
2,525
9,095

2,991
2, 651
12, 456
2,904
9,552

2 946
2, 335
12, 190
2,960
9,230

3 824
2,583
12, 392
2,946
9,446

2 792
2,838
12, 567
2, 811
9,756

2, 41 5
2, 907
'13,088
' 2, 885
' 10, 203

3,051
2,710
12, 903
2,927
9,977

Unfilled orders (unadjusted) totalO
do
Durable-goods industries, total
do_ _.
Primarv metals
do
Fabricated metal products
do
Electrical machinery and equipment-- _ _ d o
Machinery except electrical
do
Transportation equipment, including motor
vehicles and parts
mil. of dol
Other industries, including ordnance
do
Nondurable-goods industries, total?
do

69, 230
66, 309
7,838
5,974
10, 754
11,303

72, 541
69, 340
8, 104
6,088
1 1, 302
11,097

74, 985
71,705
8,561
6,196
11,497
11, 279

75, 220
71,882
8,597
6,226
11,419
11,115

75, 662
72, 305
8 465
6, 383
11,512
10, 942

74 478
71,256
8 406
6. 335
11,501
10, 651

73, 163
70, 049
8 125
6,209
11, 241
10, 438

72 520
69, 605
7 930
5,994
11,338
10 226

73 366
70, 230
7 874
6, 305
11, 592
10, 102

73 699
70, 492
7 843
6, 247
11, 440
9 871

73 367
70, 201
7 838
6, 263
11,372
9, 665

' 72, 432
' r69, 328
7, 618
' 6, 194
'11,592
' 9, 558

71, 604
68, 442
7,363
6,027
11,608
9,350

24, 344
6,097
2,922

26, 478
6,271
3,201

27, 563
6,609
3,280

27, 912
6,613
3,338

28, 587
6,417
3,357

28, 249
6,112
3,223

28, 081
5,954
3,114

28, 380
5,737
2,915

28, 536
5,820
3,136

29, 128
5,963
3,208

28, 824
6,238
3,166

' 28, 067
' 6, 298
' 3, 104

28, 034
6,060
3,162

r
r

BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURNOVER
Operating businesses, end of quarter, total
Contract construction
Manufacturing
Service industries
_
Retail trade
Wholesale trade
All other

thous
do
do
do
do
do
do

New businesses, quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
All other

do
do
do
do
do
do
do

Discontinued businesses, quarterly total
Contract construction.
_
Manufacturing
Service industries
Retail trade
Wholesale trade
All other

do
do _.
do
do
do
do
do

Business transfers quarterly total§

do

4, 050. 0
399.4
303.1
865.8
1, 663. 3
210.6
607.7

4, 059. 0
404. 4
300. 5
868.2
1, 661. 1
211.4
613.3

110.6
22.2
10.8
18.6
39.6
4.6
14.8

90.2
16 2
8.6
15 3
33.1
3.9
13.2

80 5
1? 3

96.6
13.4
12.8
16.0
40 3
3.9
10.2

81.3
11.2
11.2
12.9
35.2
3.2
7.6

^83 0
v 11.4
v 11.4
P 13 2
v 36 0
p3 2
r77

101.0

101.2

82 5

» 4, 056 4
•p 405. 3
T> 297 2
v 869. 7
p 1 654 7
p 211.8
v 617 7

14 7
29 6
37
12. 1

BUSINESS INCORPORATIONS^
New incorporations (48 States)

number

7,915

7,819

7,549

7,088

7,529

8,223

6,741

8,274

9,468

7,943

9,650

9, 507

8,968

638
60
75
111
333
59

671
52
78
128
340
73

580
41
48
133
299
59

594
51
58
109
316
60

539
36
50
107
288
58

631
52
88
146
291
54

590
61
62
121
280
66

583
43
76
131
288
45

647
39
78
130
334
66

691
49
86
132
348
76

739
63
85
154
361
76

693
48
86
140
344
75

697
66
70
143
344
74

21, 193
1,219
2,646
10, 217
5,264
1,847

21, 222
1,971
2,990
6,971
7,024
2,266

22, 789
1,466
3,196
8,882
5,434
3,811

16, 322
1,809
1.816
5,056
5,255
2,386

20, 138
947
2, 729
6,780
5,317
4,365

35, 049
2,175
5,167
13, 079
6,078
8,550

18 757
3,027
1,588
5,853
5,865
2,424

23 400
953
5, 068
8,458
7,046
1,875

23 309
868
•>, 735
9, 107
8 009
2,590

27 273
1 180
3 378
8, 452
9 139
5,124

31 082
1 387
3, 506
12, 213
10 423
3,553

27 520
1 765
3 748
10, 585
8 497
2 925

32 789
3 536
2,511
13, 981
6 909
5,852

INDUSTRIAL AND COMMERCIAL
FAILURES^1
Failures, total
Commercial service
Construction .
_
Manufacturing and mining
Retail trade
Wholesale trade
_. _
Liabilities, total
Commercial service
Construction
.
Manufacturing and mining
Retail trade
Wholesale trade

number
do
do
do
do
. _ do _.

_ _

thous. of dol
do
_ _ _ do
do___
do
__ _
do

' Revised.
v Preliminary.
fRevised series. See corresponding note on p. S-3.
OAdjusted data for new orders replace the unadjusted series formerly shown; for data beginning 1948, including those for unadjusted unfilled orders, see pp. 17 and 18 of the November 5,
1952 SURVEY.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
TJFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 SURVEY.
c*Data are from Dun & Bradstreet, Inc.




SUEVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-5
1953

1952

May

June

July

August

Septem-

ber

October

Novem-

ber

Decem-

ber

January

Febru-

ary

March

April

May

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products §
Crops
Food grains
Feed grains and hay
Tobacco
Cotton
_ . -.
Fruit
Truck crops
Oil-bearing crops
Livestock and products
_
Meat animals
Dairv products
Poultry and eggs

1910-14=100do
do
do
do
do do
do
do
do
do
do
do

293
270

292
277

295
276

295
272

245
227
436
303
190
285
280
313
394
281
175

238
226
437
319
220
250
289
306
380
277
181

230
227
436
311
214
287
307
312
376
286
208

236
233
436
319
206
229
310
316
372
295
225

288
264

240
234
428
329
200
182
305
309
349
307
227

282
260

277
257

240
219
429
311
215
189
304
301
328
316
228

269
257

267
251

263
247

264
253

259
247

261
243

248
213
412
288
195
238
300
295
310
318
238

247
218
428
268
206
256
300
280
291
309
221

245
214
419
252
208
237
291
281
303
296
218

240
206
424
255
209
237
287
277
305
286
206

246
208
424
266
215
248
291
274
301
277
216

244
206
424
266
226
204
289
270
299
264
218

242
205
426
268
224
182
285
277
317
257
218

Prices paid:
All commodities
- 1910-14=100
Commodities used in living _ _ ..
do
Commodities used in production
do
All commodities, interest, taxes, and wage rates
1910-14 =100 ._

276
271
281

273
272
273

273
273
273

274
273
274

271
271
272

269
269
269

268
269
266

267
269
264

267
268
265

264
266
261

265
269
261

264
269
257

264
270
257

289

'287

286

287

285

282

281

280

282

280

281

279

279

Parity ratio 9

101

102

103

103

101

100

99

96

95

94

94

93

94

All commodities (U. S. Department of Commerce
index)
1935-39=100. .

210.3

210.6

211.8

211.8

211.1

210.7

210.4

209.6

209.0

207.8

208.2

207.9

208.3

Consumer price index (U. S. Department of
Labor) :f
All items (revised series) - - .. -.1947-49=100
Apparel
. - - do._
Food
do
Dairv products
_
_ do
Fruit and vegetables
do
Meats, poultry, and
fish
do
Housing
do
Gas and electricity
do
Housefurnishings
-do
Rent
do .

113.0
105.8
114.3
109. 3
124.3
114.5
114.0
104.1
108.3
117.4

113. 4
105. 6
114. 6
108. 9
122.4
116.5
114.0
104.3
107.7
117.6

114.1
105. 3
116.3
110.2
124.0
116.4
114.4
104.2
107.6
117.9

114.3
105.1
116.6
111.0
118. 7
119.4
114.6
105.0
107.6
118.2

114.1
105.8
115.4
112.5
111.5
119.2
114.8
105.0
108.1
118.3

114.2
105.6
115 0
113.2
111 3
116.9
115 2
105 0
107 9
118.8

114.3
105.2
115. 0
113. 3
115.9
114.3
115.7
105.4
108.0
119.5

114.1
105.1
113. 8
112.7
115.8
113.0
116.4
105.6
108.2
120.7

113.9
104.6
113. 1
111.6
116.7
110.9
116.4
105 9
107.7
121.1

113.4
104. 6
111.5
110.7
115.9
107.7
116.6
106.1
108.0
121.5

113. 6
104.7
111.7
110.3
115.5
107.4
116. 8
106.5
108.0
121.7

113.7
104.6
111.5
109. 0
115.0
106. 8
117.0
106. 5
107.8
122.1

116.1
111.6
106. 2
125.1
115.8

117.8
111.7
100. 8
126. 3
115.7

118.0
111.9
107.0
126.8
116.0

118.1
112. 1
107.0
127.0
115.9

118.8
112.1
107.3
127.7
115.9

118 9
112 3
107.6
128 4
115 8

118.9
112.4
107.4
128.9
115.8

119.3
112.5
108. 0
128.9
115.9

119.4
112.4
107.8
129.3
115.9

119.3
112.5
107. 5
129.1
115.8

119.5
112.4
107.7
129.3
117.5

120.2
112.5
107.9
129.4
117.9

120.7
112.8
108.0
129.4
118.0

-

do._

RETAIL PRICES

M^edioal care
Personal care
Reading and recreation __
Transportation
Other goods and services

-

do
do
do
do
do

1

114.0
104.7
112.1
107.8
115.2
109.2
117. 1
106.6
107.6
123.0

WHOLESALE PRICEScf
U. S. Department of Labor indexes (revised) :f
All commodities
- -.1947-49=100

111.6

111.2

111.8

112.2

111.8

111.1

110.7

109.6

109.9

109.6

110.0

109. 4

109.8

Farm products
do__
Fruits and vegetables, fresh and dried. -_do
Grains
-do
Livestock and live poultry.
do

107.9
128.9
98.8
108.9

107.2
124.2
95.4
107.2

110.2
128.2
94.9
108.2

109.9
124.3
96.9
106.4

106.6
115.6
96.9
99.3

104.9
111.7
95.0
94.8

103.6
113.2
96.5
93.0

99.2
112.3
96.1
86.8

99.6
107.3
94.6
92.7

97.9
102.2
93.1
91.2

99.8
105.8
94.7
91.7

97.3
106.9
93.8
87.5

97.9
105.5
93.4
91.7

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_ _

108.6
107.0
110.6

108.5
106.7
110.1

110.0
106.5
113.8

110.5
106.4
114.3

110.3
106. 5
116.4

108.5
106.4
115.9

107.7
107.1
115.5

104.3
106.8
113.0

105.5
106.8
111 9

105.2
107.6
110.9

104.1
108.9
109. 7

103.2
109.2
108. 5

104.4
109.0
107.9

104.2
112.1

103. 5
110.1

103.9
110.6

105. 1
112.3

105.9
109.4

105.9
104.1

106.0
102.0

105.0
93.9

105.4
99.3

105.5
98.2

105.1
91.2

104.4
89.2

104.3
93.8

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 materialsdo.

113. 0
104.3
115.1
92.2
47.2
111.5
107.3

112. 6
104.3
114.9
92.2
52.0
109. 9
107.0

112.5
104.2
114.7
92.1
49.8
110.7
106. 9

113.0
104.0
114.6
92.1
47.5
110.9
106.9

113.2
104.0
114.3
92.1
48 9
111 0
107.0

113.0
103.9
113.9
92.0
51.0
111.0
106.5

112.8
103.5
112.7
91.9
53. 1
111.1
106.3

112.9
103 3
112.3
91.3
52 8
113 0
106.1

113.1
103 6
112.8
91.5
53 5
112 9
106.2

113. 1
103. 6
113.1
91.4
52 7
112 7
105.9

113.4
104.2
113.9
91.6
59 0
112 8
106.0

113.2
105 5
117.0
93.0
55 9
113 2
106 0

113.5
105 6
118.2
93.1
50 4
112 9
106. 1

106.0
104.9
98.0
104.2
109.9

105. 9
105.3
98.5
102.0
109.6

106.0
106.0
99.1
101.4
109.4

105. 8
106.5
100.7
100.4
108.3

106.2
107.6
101.3
100.3
108 5

106.6
113.3
98.5
100.4
108.5

106.7
113.6
98.0
104.9
108.1

107.2
116 1
98.5
104 9
107 9

107.8
116 3
99.6
108 0
107 9

108.1
115 9
100.7
109. 5
107 9

108.4
114 4
100. 7
109 5
109 0

107.4
111 2
98 0
109 5
109 3

107.3
110 8
98.0
109 5
109 4

111.7
107.3
113.1

111.6
106.8
112.7

111.6
106.8
112.6

111.5
106.8
112.5

112.0
107.3
112.6
93. 7

112.0
107.2
112.6

112.1
107.2
112.8
93. 8 /\

112.3
107 5
113.0
95.0
74 9

112.7
107 4
113.2
95.0
74 5

112.9
107.4
113.4
95. 5
75 6

113.1
107 9
113.6
95.5
74 9

113.9
108 0
113.8
94 9
74 9

114. 1
108 1
114.0
94 9
74 9

Hides, skins, and leather products _ do
Footwear
do
Hides and skins _
_ _ __
do
Leather
__
___do

94.7
111.1
58.1
84.5

95.9
111.0
59.5
88.9

96.2
110.6
61.8
89.3

96.5
110.6
64.4
89.3

96.5
110 6
64 4
89.3

96.6
110.6
65.0
89.9

97.6
111 0
69.2
90.1

99 0
112 0
70 6
92.9

97.3
112 0
62 1
92.0

98.0
112 1
66. 5
91.9

98 1
112 1
64 8
93 5

97
111
66
92

9
5
4
7

100 6
111 5
74 8
97 3

Lumber and wood products
Lumber
_
___
__ __

120.7
121.1

119.9
120.1

120.2
120.4

120.5
120.6

120.4
120 6

120.2
120.2

119.7
120.0

119.7
119 8

120.5
120 1

121.1
120 3

121.7
120 9

122 2
121 5

121.7
120 9

121.6
121.5
125.3
120.8
119.7

121.3
121.5
125.4
120. 0
119.7

121.4
121.5
125.4
119.9
119. 7

121.4
121.5
125.3
119.8
119.7

121.5
121.5
125.8
119.7
119.7

121.3
121.5
125.8
119.0
119.7

121.4
121.6
126.2
119.5
119.7

121 4
121.7
126.3
119.6
119.7

121 5
121.8
126.2
119.6
119.8

121 6
121.8
126. 3
119.7
119.9

121 8
122 2
127. 1
119.9
120.0

122 0
122 3
128.6
121.3
118.9

122 3
122 4
129.0
122.3
118.7

Fuel, power, and lighting materials
do
Coal
do
Electricity _
do.
Gas
. _ _.
do
Petroleum and products
do
Furniture and other household durables
1947-49=100-.
Appliances, household .
do
Furniture, household
do
Radios
do
Television sets
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

••Revised.
1 Index on base previously used (1935-39=100) is 190.6.
§June 1953 indexes: All farm products, 259; crops, 251; food grains, 222; feed grains and hay, 198; tobacco, 425; cotton, 266; fruit, 253; truck crops, 270; oil-bearing crops, 280; livestock
and products, 267; meat animals, 299; dairy products, 254; poultry and eggs, 213.
9 Ratio of prices received to prices paid (including interest, taxes, and wage rates).
cTFor actual wholesale prices of individual commodities, see respective commodities.
tRevised series. Consumer price indexes through 1952 reflect shift in base period and changes in classifications; data beginning 1953 represent the completely revised or "new index", incorporating revised weights, expanded sample of items, and revised sample of cities; revised data for 1913-51 appear on p. 23 of the April 1953 SURVEY. Revised wholesale price indexes reflect
use of new base period, expansion of commodity coverage, and changes in the classification system, weights, and calculation method; for monthly data (1947-51), see pp. 22-24 of the March 1952

SUEVEY;
for monthly data (1926-46) for "all commodities" and "all commodities, except farm products and foods", see p. 24 of the June 1952 issue.



SUKVEY 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 1953

1952

May

June

July

August

1953

September

October

November

December

January

February

March

April

May

COMMODITY PRICES— Continued
WHOLESALE PRICES^— Continued

U. S. Department of Labor indexes (revised) :$— Con.
Commodities other than farm prod., etc.— Con.
Metals and metal products
1947-49—100
Heating equipment
do
Iron and steel
_
__ __ _ do _ _ _
Nonferrous metals
do
Nonmetallie minerals, structural
do _
Clav products _ _ _
do. _.
Concrete products
do
Gypsum products
do
Pulp paper, and allied products
Paper
Rubber and products __ _ _
Tires and tubes
Textile products and apparel
Apparel
Cotton products
Silk products
Synthetic textiles
Wool products

do
do
do
do
do _
do
do
do _
do
_ do

Tobacco mfrs. and bottled beverages A- --do
Beverages, alcoholicA
do
CigarettesA do

121.8
113.7
122.8
122.0
112.9
121.4
112.4
117.7

121.1
113.5
122.4
120.0
113.8
121.4
112.4
117.7

121.9
113.6
122.3
124.0
113.8
121.3
112.4
117.7

124.1
113.7
127.2
124.4
113.8
121.3
112.4
117.7

124.6
113.7
127.5
124.7
113.8
121.3
112.7
117.7

124.1
113. 7
127.3
122.9
114.4
124.0
112.7
117.7

123.9
113. 6
127.0
122.5
114.5
124.0
112.7
117.7

124.0
113.6
127.0
122. 3
114.6
124.0
112.7
117.7

124.0
113. 8
127.1
122.5
114.6
124.0
112.8
117.7

124. 6
113.9
127. 5
124.4
114.6
124.0
112.8
117.7

125. 5
113.9
127.7
131. 5
115.1
124. 3
112.8
118.3

125. 0
113.8
127.7
128.2
116.9
124.6
114.2
122.1

125.4
114.4
128.5
126.6
117.1
124.7
114.9
122. 1

116.9
123.5
140.4
133.0
99.3
100.8
97.2
128.8
86.8
111.7

116.7
124.2
133.4
130.5
99.0
100.3
95.4
129.8
88.6
112.8

115.3
123.8
130.0
129.6
98.9
99.5
96.1
134.7
89.2
113.9

115.6
124.0
127.8
126.3
99.1
99.1
97.6
139.3
90.5
113.3

115.6
124. 0
126.3
126.3
99.5
99.3
98.9
139.3
89.9
112.4

115. 5
124.9
126.0
126.3
99.2
98.4
99.2
140.0
89.5
113. 2

115. 5
124.9
126.4
126.3
98.6
98 ?,
98.4
139. 3
89.0
112.6

115. 9
124.9
127.7
126.3
98.2
98.3
97.7
139.7
87.8
112.6

115.8
124. 9
127.3
126.3
98.8
100.0
97.0
141.4
88.1
113.0

115.3
124.9
126.2
126. 3
98.5
99.9
96.1
141.4
88.3
111.5

115.1
124.9
125. 7
126.3
97.5
99.6
93.1
141.4
87.9
111.9

115. 3
1 24. 9
124.8
126.3
97.4
99.9
92.9
131. 6
88.0
111.3

115.4
124.9
125. 1
126.3
97.6
99.8
93.3
133.0
87.5
112.1

112.0
110.5
112.0

112.0
110.5
112.0

112.0
110. 5
112.0

112.0
110.5
112.0

112.1
110. 5
112.0

112.1
110.5
112.0

112.1
110.5
112.0

112. 1
110.5
112.0

111.9
110. 1
112.0

111.9
110.1
112.0

114.8
110.0
124.0

114.8
110.0
124.0

114.8
110.0
124.0

89.6
88.5
87.5

89.9
88.2
87.3

89.4
87.6
86.0

89.1
87.5
85.8

89.4
87. 6
86.7

90.0
87.6
87.0

90.3
87.5
87.0

91.2
87.6
87.9

91.0
87.8
88.4

91.2
88.2
89.7

90.9
88.0
89.5

91.4
88.0
89.7

191.1
1
87.7
189.2

PURCHASING POWER OF THE DOLLAR
As measured by—
Wholesale pricesf
Consumer pricesf
Retail food pricesf

1947-49=100-.
do
do

- --

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY?
New construction, total

mil. of dol

2,743

2,945

3,027

3,095

3,098

3,011

2,787

2,513

' 2, 361

' 2, 278

' 2, 511

r 2, 712

2,921

1,811
922
810
99

1,925
983
865
103

1,994
1,023
905
101

2,037
1,047
930
99

2,030
1,049
935
96

1,988
1,048
935
95

1,924
1,033
925
90

1,789
953
865
70

'1,627
'816
735
'63

'1,575
'758
675
'64

'1,719
'853
'760
r 74

'1,831
'924
'810
'94

1,968
987
860
105

392
188
82
157
333

404
182
92
171
359

411
180
97
180
371

418
181
98
183
381

430
187
101
168
376

434
189
104
139
360

435
190
109
117
331

421
187
107
103
304

'431
'201
109
'97
275

'434
'204
112
'100
275

430
198
114
'108
'320

'426
193
113
'120
'352

451
192
129
138
380

932
54
356
116
250
72
84

1,020
54
375
119
310
76
86

1,033
53
375
121
320
76
88

1,058
55
373
129
335
75
91

1,068
53
369
127
350
79
90

1,023
52
352
125
330
77
87

863
49
332
117
215
70
80

724
47
314
107
120
62
74

'734
'47
'328
'109
'115
'61
'74

••703
M8
'315
'104
'110
'56
'70

'792
'47
'353
'111
'140
'65
76

'881
'49
'366
'114
'200
'70
82

953
49
371
117
260
72
84

Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
63, 709
50, 845
52,078
52, 909
Total projects
number
Total valuation
thous. of dol 1, 563, 660 1, 488, 850 1, 511, 285 1, 438, 725
559, 140
557,803
618, 737
501, 258
Public ownership
do
1, 005, 857
929, 710
892, 548
937, 467
Private ownership
do

47, 006
2,039,203
1, 269, 355
779, 848

Private total
_
do
Residential (nonfarm)
_ do
New dwelling units
do
Additions and alterations _
do
Nonresidential building, except farm and public
utility, total
mil. of dol. _
Industrial
_ .. _. _ - _ _ d o _
Commercial
__-do
Farm construction
. _ . _ _ do
Public utility
do
Public, total
Residential
..
Nonresidential building
Military and naval
Highway
Conservation and development
Other types
-

do
_ _ _ do
do
do
do
do
do

CONTRACT AWARDS

Nonresidential buildings:
Projects
Floor area
Valuation
Residential buildings:
Projects
Floor area
Valuation
Public works:
Projects
Valuation
Utilities:
Projects
Valuation

number
thous. of sq. ft._
thous. of dol. _

5,088
37, 346
462, 863

5,022
41,725
551, 500

5,468
40, 979
562, 686

5,196
38, 912
519, 940

4,289
29, 257
1,272,367

470! 520

4,382
39, 788
461,476

3,589
51, 596
713, 100

3, 651
32, 343
406, 914

3,529
31,115
374, 321

4,760
35. 566
449, 175

5, 416 \
44, 455 !
680, 330

5, 728
45, 640
582, 061

number-thous. of sq. ft
_ _ thous. of dol

55, 759
82, 579
753, 755

43,012
62, 176
581, 792

43, 465
64, 003
608, 078

44, 943
65, 863
627, 596

40, 440
56, 743
518, 471

43, 312
65, 489
602, 313

35, 487
55, 872
528, 429

29, 808
48, 996
438, 580

30, 674
51, 315
460, 036

29, 960
46, 658
418, 568

44, 115
65, 393
605, 200

47, 761
70, 602
673, 887

44,317
66, 655
637, 721

number
- thous. of dol

2,353
219, 628

2,266
245, 969

2,680
243, 458

2,310
208, 887

1,838
176, 652

1, 665
152, 455

1, 336
195, 265

911
134, 114

835
152, 793

778
135, 326

1,247
219, 157

1, 849
293, 569

2,094
288, 783

509
127, 414

545
109, 589

465
97,063

460
82, 302

439
71, 713

404
85, 670

364
63, 633

353
181, 590

315
56, 125

294
93, 095

362
73, 986

409
93, 756

405
97, 526

203
221
168
186

200
213
172
193

194
199
177
196

218
192
207
193

209
192
207
191

201
181
210
185

177
172
196
178

166
156
205
183

156
144
190
173

151
163
173
182

180
186
177
176

1, 433, 642 1, 140, 654 2, 310, 504 2, 210, 572

952, 218

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 (ENR)§

52, 544
55, 435
34, 661
34, 561
50, 484
35, 475
41, 569
50, 542
1,310,958 1, 248, 803 1, 467, 384 1, 075, 868 1,021,310 1, 347, 518 1,741,542 1,606,091
672, 838
553, 760
477, 693
350, 709
416, 577
490, 650
449. 779
410, 433
989, 691
670, 601
626, 089
930, 941 1,068,704 1,052,331
758, 153
890, 525

thous of dol

5,161

1,446,381 1, 079, 879

'205
' 210
' 179
'179

202
201
167
169

906, 976 1, 886, 520 1, 023, 021 1, 200, 048 1, 473, 244 1,083,800

Highway concrete pavement contract awards:©
4,874
6,587
6,702
7,047
2 4, 675
3,509
7,006
5,537
6,081
5.258
2,571
9,537
8,333
Total
thous. of sq. yd_.
729
791
843
1,691
1,512
1,070
446
1,226
1,652
390
495
1,675
413
Airports
do
2
3,401
2,657
2, 775
1,051
2,622
3,128
2,652
1,481
1,486
4,590
1,193
3,215
5,237
Roads
do
2
3,201
1,454
2,783
2,803
2,795
2,359
3,273
1,026
2,140
2,259
988
1,533
2,682
Streets and alleys
do
T
Revised.
* Indexes on base formerly used (1935-39=100) are as follows: Measured by—wholesale prices, 47.7; consumer prices, 52.5; retail food, 44.2.
2 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. S-5.
ARevised to reflect change in method of calculating excise taxes and discounts; comparable data prior to March 1952 will be shown later.
fRevised series. Purchasing-power data are based on revised price indexes shown on p. S-5. Indexes of contract awards reflect use of new base period. Revisions prior to 1952 for
purchasing power and prior to 1951 for contract awards will be shown later.
9 Revisions for 1947-50 appear on p. 20 of the March 1953 SURVEY. Revisions for January-March 1951 (except for grand total, total public, and military and naval, which have been
further revised and will be shown later) appear at bottom of p. S-4 of the June 1952 SURVEY. §Data for May, July, and October 1952 and January and April 1953 are for 5 weeks; other
months, 4 weeks. ©Data for May, July, October, and December 1952 and April 1953 are for 5 weeks; other months, 4 weeks.




July

SURVEY OF CUEEENT BUSINESS

1053

S-7
]953

1952

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

' 105, 800

110, 000

i 107, 000

59, 920
56, 946
45, 959
3,436
7,551
2,974

55, 095
52, 638
42, 396
3,274
6, 968
2,457

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): J
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

109, 600

103, 500

102, 600

99, 100

100, 800

101, 100

86, 100

71, 500

72, 100

60, 088
53, 352
43, 672
3,550
6,130
6,736

55,917
48, 909
41, 107
3.080
4,722
7,008

53,119
50, 636
41, 842
2, 938
5, 856
2,483

50, 431
48, 768
39,110
3,289
6, 369
1,663

54, 229
52, 528
42, 767
3,588
6,173
1,701

54, 409
52, 785
42, 655
3 055
7, 075
1,624

40, 789
38, 314
30, 854
2 521
4,939
2,475

38, 046
33, 905
26 309
2 485
5,111
4,141

r 38, 776
r 35, 103
r
26, 858
r
2 511
r
5, 734
3,673

121.8
157.0
161.7
152.7
149.4

116.0
145.6
150.9
139.9
138.7

108.2
133.8
139.4
128.6
124.6

117.1
143.0
155.2
127.8
132.9

119.9
147 8
161.2
132.9
131.9

88.9
114.3
117.9
114.6
100.0

83.1
108 9
106.6
119. 6
92.8

85.0
106 6
107.4
108.5
99.6

95.8
120 2
124.9
118.2
106.8

142.8
170 0
193.4
148.7
131.4

133.7
183.4
181. 4
200. 9
151.2

120.4
164.0
163. 8
172.8
144.3

119.7

120.8
383

121.8

122.4

122.7
383

122.6

122.5

122.5
383

122.8

' 122. 7

' 123. 1
383

' 123. 3

123.9

548
584
554
504
543

550
588
554
504
544

555
600
554
513
549

381

382

391

558
602
555
513
549
393

561
604
556
514
551

564
604
572
521
551

394

562
604
557
521
551

398

568
611
574
522
560

567
611
574
523
559

397

567
604
573
522
558
399

398

239.4
239.2
249.5

242.1
241.3
251.9

243.5
242.9
252.7

245.3
2415
253.8

246.0
245.2
254.4

246.4
245.5
254.2

246.4
245.3
253.4

246.3
245 1
253 3

242.2
240.7
245.8
252,8
226.1

245.3
243.4
247.8
255.8
226.4

246.8
245.7
248.8
256. 4
229.5

248.6
247.5
249.8
257.0
231.2

249.4
248.5
250.5
257.3
232.2

249.8
248.2
250.5
256.8
232.4

249.7
248.0
250.0
255.8
232.3

250.0
247.4

252.5
249.8

253. 3
250.4

2E4.2
2£1. 1

254.8
251.5

254.6
251.2

122.0
124.0

122. 6
126.0

124.9
128.9

125. 6
129. 5

125.6
129.9

126.0
129.9

r 131.

3

' 149. 9
' 173. 9
' 117. 1
r 135. 4

79, 200

' 44, 461 »• 65, 336
' 39, 803 ' 56, 068
'r31, 007 ' 44, 647
r 3, 342
2 815
r
5 981
'8,079
9,268
4,658

CONSTRUCTION COST INDEXES
Department of Commerce composite t- 1947-49 =100. _
Aberthaw (industrial building)
1914=100
American Appraisal Co.:
Average 30 cities
1913 = 100 Atlanta
do - New York
- _-do-San Francisco
do
St Louis
--do
Associated General Contractors (all types). .-do
E. H. Boeckh and Associates:§
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete..!!. 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 :td*
Building
1947-49=100
Construction
__ _ - _ do
Bu. of Public Roads— Highway construction: A
Composite, standard mile
..1946=100--

136.2

572
616
592
524
568

569
614
579
525
561

572
614
587
525
564

398

399

401

402

246.6
245 6
254.1

246.5
245 3
253 9

247.3
245 9
254.3

247.7
246 2
254.6

249.2
247.4
255.5

249.8
248 5
249.9
255 5
232.3

251.0
248 9
250.6
256 6
232 6

251
248
250
256
232

1
9
4
4
5

252.6
249. 2
250.8
256.6
233.1

253. 2
249 5
251.3
256 6
233.3

255.2
251. 0
252.3
257.4
234.2

253.8
250 3

253 7
250 1

254 4
250 9

254 3
250 8

254.8
251 2

255.1
251 4

256. 0
252. 0

125.7
129.7

125 7
129 6

125 8
129 6

125 7
129 7

126 2
130 2

126 1
130 1

126. 2
131.0

137.5

139.4

138.6

CONSTRUCTION MATERIALS
Production of selected construction materials, index:J
Unadjusted
1939 = 100
Adjusted
_ __do-- -

156.9
148.3

149.2
139.4

149.7
140.7

173. 6
153. 4

177.6
165.2

185.2
167. 1

156.1
157.5

149 0
168 6

r 145 6
r
170 5

r 143 i
r 173 4

183, 801
243, 087

206, 739
226, 936

211, 027
243, 300

189, 690
247, 529

r
r

161 5
170. 9

v 172 3
* 173. 3

193, 370
227, 910

201, 159
151, 570

REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount 9
164,982
143, 154
211, 042
162 167
184, 356
thous. of dol_ - 139, 008
195, 987
202, 758
189, 189
202 746
Vet. Adm.: Face amount
do
217, 292
220, 008
Federal Home Loan Banks, outstanding advances
591
653
656
to member institutions
mil. of doL_
687
715
752
New mortgage loans of all savings and loan associa586, 842
586, 035
595, 994
tions, estimated total
_ _ _ thous. of dol
617 431
616,352
658, 787
By purpose of loan:
197, 525
191, 812
190, 039
Home construction .
- do
199 720
192,667
207 589
251, 884
257, 069
264, 692
Home purchase
do
279 192
285 337
303 107
49, 595
50, 076
53, 014
Refinancing .
.do
50 850
54 597
50, 457
24, 452
25, 065
24, 238
Repairs and reconditioning
do
24 625
26 097
25 997
62, 098
64, 128
63, 184
All other purposes
do
63 044
61 794
67 497
New nonfarm mortgages recorded ($20,000 and
under) , estimated total
thous. of doL - 1, 511, 488 1, 512, 734 1, 590, 319 1, 597, 783 1, 587, 523 1, 727. 343
12.1
11.1
12.4
11. 1
Nonfarm foreclosures, adjusted index 1935-39=100.11.7
11.6
62, 354
58, 585
61, 675
Fire losses
thous of dol
56 462
58 949
63 958

187, 078
215, 950

791

864

683

627

611

626

644

522, 681

541 295

497 314

523 210

639 133

677, 941

690, 277

163
243
42
20
53

161 405
248 448
49' 739
19 730
61 973

147
222
49
18
60

164
222
52
20
63

205
266
62
25
79

225
288
60
26
77

231
295
58
27
76

074
112
379
148
968

444
232
Oil
408
219

177
353
694
253
733

584
289
308
121
831

896
443
425
062
115

1,492,390 1, 553, 457 1 400 615 1 391 203 1 626 602 1,708 623
10.6
11.8
13.2
13.1
13 4
65 129
83 471
74 127
67 362
76 659
72 706

676
337
627
643
994

64 939

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
Combined index
1935-39=100 _
Business papers
do. __
Magazines
_ . do
Newspapers
do
Outdoor _ _ _
do
Radio
do
Tide advertising index, unadjustedf.. 1947-49= 100- Radio advertising:
Cost of facilities total
thous. of dol
Automotive, incl. accessories
do
Drugs and toiletries_ do
Electric household equipment
do
Financial . _
do
Foods, soft drinks, confectionery
do
Gasoline and oildo
Soap, cleansers, etc
do
Smoking materials
do
All others
do

433
515
388
310
354
236
154.1
13 970
370
3,885
153
365
3,734
424
1,698
1,546
1.795

436
520
362
329
372
241
140.8

445
554
403
327
359
226
114.2

456
548
369
310
383
254
111.2

456
547
387
318
344
264
141.9

475
529
420
340
378
268
165.4

473
570
408
330
371
256
157.6

488
539
394
323
373
265
127.3

465
553
390
338
382
248
119.6

466
561
411
332
369
244

134.4

500
566
421
361
398
256

164.9

498
564
426
3^0
391
249

171.6

174.6

•I 0 (\K(\
T 14 IRQ
11 254
12 972
1 3 878
H m 4.
12 890
10 974
15 442
14 478
14 925
r 14 ^41
007
r 521
r 5Q8
345
196
323
256
'396
640
522
511
598
3,612
3 254
2,658
3 003
4 287
3 787
4 278
4
403
4 212
4
268
4 938
3 846
251
1, 004
349
337
464
474
357
349
388
329
385
377
343
338
367
331
308
285
323
215
234
203
236
223
3,233
2,604
3,319
2,971
3,424
3,683
3,789
3,510
3, 557
3,178
3,582
3, 520
452
381
434
455
376
366
446
446
454
372
409
402
1 660
1 079
1 11 s
1 9*38
1 257
1 623
1 482
1 704
1 588
1 192
1 324
1 416
700
1 042
776
1 277
1 292
1 322
1 295
1 463
1 291
1 41 5
1 420
1.659
2.296
1. 559
2.206
2. 930
2.744
9 099
1 SQO
9 22fi
9 nil
9 101
2 am
r
Revised.
* Preliminary.
i Data for June 1953, 103,000.
A Revised to new base and to reflect other adjustments; data prior to March 1952 will be shown later.
tRevised series. Indexes of urban building and construction costs (Dept. of Commerce and ENR) reflect use of new base period; revisions prior to February 1951 for urban building and
prior to August 1951 for Engineering News-Record indexes will be published later. Revised indexes (Dept. of Commerce composite) for 1915-38 (annual) and 1939-51 (monthly) are shown
on p. 24 of the August 1952 SURVEY. The Tide advertising index has been completely revised to incorporate new base period and other major changes, including addition of data for netDigitized
fortelevision;
FRASER
work
figures back to 1940 will be available later.
§ Copyrighted data; see last paragraph of headnote, p. S-l.
d"Data reported at the beginning of each month are shown here
for the previous month. J Re visions for January 1951-March 1952 for urban building authorized and for January-November 1951 for construction materials will be shown later.
? Revised to
http://fraser.stlouisfed.org/
include additional data; figures prior to February 1952 are available upon request.

Federal Reserve Bank of St. Louis

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 1953
1953

1952

May

June

July

September

August

October

November

December

January February March

April

May

DOMESTIC TRADE—Continued
ADVERTISING— Continued

|

Magazine advertising.^
Cost, total
thous. of doLApparel and accessories
do -Automotive, incl. accessories
do
Building materials
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
do
Beer, wine, liquors
_
do. --

' 60, 036
4,738
5, 199
3. 2SO
6, 235
6,761
2,616

51, 515
3,119
4,925
2,842
7,051
7,660
2,331

35, 240
862
3,702
1,388
5,816
5,695
1,977

38, 442
3,588
3,671
1,549
5,456
5,472
1,672

56, 978
6,469
4,366
3,127
6, 653
6,883
2,388

63, 494
5,250
4, 775
3,139
7 556
9,047
2,924

63 849
4 296
5,102
2 363
7 657
8 753
3 250

48, 083
3,802
2,507
942
5,502
6,957
4, 261

35. 018
1. 563
4,033
1,343
4 461
5, 173
1,480

50, 682
3,271
4, 744
2,099
6 068
8,758
2,314

65, 645
5,884
6,199
3, 343
7, 018
9, 653
2,606

65, 525
4,593
6,135
3,832
6,425
8,230
2,625

67, 606
5, 536
6,400
4, 340
6, 572
7,831
2,630

do
do _ _
do
do
do
do

4,999
3,862
4.047
1,375
1,412
-15,513

3,407
1,788
3,572
941
1, 566
12, 311

1,646
579
2,643
745
1,198
8,989

1,375
979
2, 861
774
1,398
9, 648

3,688
2, 747
3 774
1,266
1, 437
14 182

4,590
4,015
3 981
1,509
1,480
15,228

4,171
3 990
4 175
1 429
1 527
17 838

3,209
1,744
3, 118
818
1,669
13, 555

1,013
938
2,639
830
1,112
10, 434

2, 115
1, 555
3 025
1,272
1, 38S
14, 074

4, 675
2,551
3, 618
1,699
1,444
16, 954

5, 614
'4,178
4,079
1,711
1,260
'16,844

5,561
3,791
3, 996
1,940
1,700
17, 308

thous. of lines.-

4,093

3,213

3,133

3,960

4,798

4,898

4,299

3,162

3, 667

4, 251

4,991

4,699

4,445

do
do
do
do
do _ _
do
do

225, 606
56, 670
168, 936
10, 457
2, 684
33, 444
122, 352

209, 251
52, 744
156, 506
10, 288
2,762
31,251
112, 204

175, 447
47, 979
127,468
7,351
3,046
25, 674
91, 398

186, 555
52, 741
133,814
7,781
1,894
22, 061
102, 077

214 509
54, 124
160 385
7. 367
2,596
29, 711
120, 709

245 004
56, 593
188 410
10 383
2, 518
39 411
136, 098

234
52
182
10
2
34
134

873
399
474
734
400
359
981

219, 798
45, 563
174, 235
8,847
2, 550
24, 506
138, 332

182, 718
50, 052
132, 666
9, 121
3,808
21,433
98, 304

186,115
49, 479
136, 636
8,720
2,377
26, 537
99, 001

231, 721
58, 456
173, 264
10,877
3, 017
33, 812
125, 559

233, 487
244, 446
58, 194
62, 385
175, 292
182, 061
' 12, 535 13, 493
2,549
2,910
35, 090
36, 191
124, 758
129, 828

Money orders issued (50 cities) :
Domestic:
Number
thousands .
Value
--- thous. of dol_-

6,719
123, 981

6,511
122, 134

6,242
119, 289

6,174
119, 935

6, 711
127,034

6,764
125, 622

6, 275
114, 728

7,299
131, 677

6, 672
121, 828

6,423
120, 178

7,928
150,315

6, 946
128,270

Household equipment and supplies
Household furnishings
Industrial materials
Soaps, cleansers, etc
Smoking materials
All other
Linage, total
Newspaper advertising:
Linage total (52 cities)
Classified
Display total
Automotive
Financial
General
Eetail

-

__

POSTAL BUSINESS
6,385
117,261

PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates :J
Goods and services total
bil of dol
A t

hi '

f\ r> t<?

do

Clothing and shoes
Food and alcoholic beverages
Gasoline and oil

do
do
do

T h

do

Othpr nrvndnrablp poods
.

do

TT ouse
n h~~TH~~n~
010. ope ration

do

' 227. 7

'28.2
'11.5
' 12.3
'4.4

'30 2
' 13.4
' 12 4
' 4.4

118 7
20.4
73 0
r
5.8
2 1
T
5.2
12. 1

' 121.1
' 21. 5
73.5
'6.1
'2.1
5.2
' 12.7

r
T

' 11.7

4.3
r

'118.0
'20.5
72.3
'5.8
2.0
5.1
••12.3

r
r

r

'71.8
' 10.7
'23.8
4.2
'4.3
' 6.0
' 22. 9

-

.rerhoiidi bei IIAJ _

Transportation
Other services

' 224. 4

25 1
8.8
12 1
4.3

' 217. 2

'27.4
' 11.5

do

Furniture and household equipment

5

' 217. 2

do
do

' 121. 2
' 20.9
' 74.2
'6.2
2.0
5.2
' 12.8

'75.1
11.3
24.8
'4.2
'4.3
6.1

73.3
10 9
24 3
r
4 2
4 3
r
6. 0
T
23. 6

r

'76.3
' 11.3
'25.3
' 4.3
' 4.4
6.2
' 24. 8

RETAIL TRADE
All retail stores :f
Estimated sales (unadjusted), total... mil. of dol_.
Durable-goods stores
do
Automotive group
do
Motor-vehicle, other automotive dealers
mil. of doL Tire battery accessory dealers
do
Furniture and appliance group.
do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers _ _ do
Hardware stores
do

14, 350
5, 224
2,826

13, 814
5,122
2,757

13, 396
4, 627
2,374

13, 448
4,410
2,103

13, 620
4, 670
2,353

14, 819
5.116
2,681

14, 008
4, 514
2,319

16, 910
5, 214
2,378

13, 054
4,450
2, 546

12, 329
4,357
2,501

13, 956
4,969
2,848

' 14. 167
' 5, 139
' 2, 919

14, 631
5,329
2,980

2,647
179
738
456
282
117
941
697
244

2,582
175
740
442
298
108
939
706
233

2,200
174
713
419
294
95
923
709
214

1,929
174
754
468
286
104
905
689
216

2,179
174
756
445
311
100
924
700
224

2,509
172
834
495
339
123
961
728
233

2,166
153
823
481
342
126
812
593
219

2,175
203
1,039
571
469
338
878
588
290

2,411
136
676
374
302
96
684
518
166

2,377
124
656
355
301
89
660
492
167

2,705
143
676
391
285
95
788
588
200

' 2, 764
155
'676
'397
'280
' 101
'868
'649
'219

2,820
160
714
422
292
118
914
671
243

Nondurable-goods stores
._ - do
Apparel group
do
Men's and boys' wear stores
do
Women's apparel, accessory stores
do
Family and other apparel stores
do
Shoe stores
do
Drug and proprietary stores
_ do
Eating and drinking places
do

9,126
871
192
352
172
154
386
1,059

8,692
832
198
308
178
148
380
1,064

8,769
700
161
274
142
124
388
1,130

9,038
770
163
316
156
136
392
1,149

8, 950
910
196
365
184
165
374
1,114

9,703
1,023
240
411
221
151
401
1,122

9,493
1,003
259
384
216
144
385
1, 044

11,696
1, 533
427
560
353
194
513
1, 109

8, 604
740
187
286
156
111
392
1,008

7,972
616
145
254
126
91
387
940

8,986
893
184
368
190
150
'381
1,055

' 9, 027
'866
184
' 362
' 173
' 149
"383
' 1, 024

9,302
875
192
361
177
145
391
1,088

Food group
do
Grocery stores
__do
Gasoline service stations
do
General-merchandise group
do
Department stores, excl. mail-order _ _ do
Mail-order (catalog sales)
do
Variety stores
- _-do
Other general-merchandise stores
do
Liquor stores
-- do

3,419
2,792
834
1,531
871
94
240
325
266

3,228
2,644
847
1,444
808
98
224
314
235

3,397
2, 764
905
1,269
667
86
212
304
254

3, 453
2, 820
915
1,450
783
104
236
328
260

3, 242
2,641
866
1,523
857
117
225
324
250

3,440
2,787
902
1,773
979
137
258
398
283

3,427
2,763
852
1,769
978
139
257
395
289

3, 555
2,843
872
2,790
1,521
187
521
561
411

3,395
2,756
779
1,239
673
88
186
293
229

3, 095
2,526
752
1,171
624
94
193
260
230

3,301
2, 667
810
1,466
810
115
232
309
242

' 3, 395
' 2, 742
'826
' 1, 479
'829
98
' 245
'306
'249 i

3,523
2,842
884
1,535
883
98
240
313
256

^Unpublished revisions for magazine advertising are available upon request for the following periods: January, February, March, and October 1950; January, February, September, October,
November, and December 1951; January 1952. Revised personal consumption expenditures for 1949 appear on p. 20 of the November 1952 SURVEY; revisions beginning 1950 for the grand total
and for total durable and nondurable goods and services are shown as components of gross national product in table 43 on p. 28 of this issue; revisions beginning 1950 for the subgroups will
fRevised series. Beginning with the September 1952 SURVEY, retail sales data have been replaced by a new series based on new sampling procedures developed by the Bureau of the Census.
The new estimates'begin with January 1951; see pp. 16 ff. of the September 1952 SURVEY for figures covering the entire year 1951 for both the new and old series and for discussion of the new
data; January 1952 revisions for the adjusted series are available upon request.




S-9

SUKVEY OF CURRENT BUSINESS

July 1953

1953

1952

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

14, 450
5 128
2 805
2,650
155
741
424
317

DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All retail stores— Continued
Estimated sales (adjusted), total t
mil. of dol__
Durable-goods stores
__ _
do
Automotive group
__
do_ __
Mot or- vehicle, other automotive dealers.do
Tire, battery, accessory dealers
do
Furniture and appliance group
do
Furniture, homef urn ish ings stores
do. _
Household-appliance, radio stores _ _ _ d o - _ -

13, 850
4,927
2, 666
2,500
166

13, 667
4,494
2,254
2,098
156
746
436
310

13, 359
4,199
1,918
1,754
164
747
449
298

13, 570
4, 505
2,292
2,124
168
727
416
311

14, 202
4 844
2,644
2,490
154
754
449
305

14, 026
4 769
2,548
2,388
160
790
468
322

14, 410
4 871
2 617
2, 453
164
776
451
325

14, 140
5 000
2 738
2,572
167
773
443
330

14, 514
5 304
2 951
2,775
176
811
451
360

14, 437
5 211
2 802
2,628
174
768
442
326

r 14. 269

727
433
294

14, 014
4, 883
2, 566
2,403
163
769
450
319

122
836
620
216

118
872
647
225

121
869
660
209

122
859
642
217

122
831
614
217

130
832
618
214

121
841
622
219

123
847
631
216

127
846
629
218

134
876
648
229

138
915
681
234

r 130
r 861

8,923
853
198
336
182
137
386
1,064

9, 131
916
205
359
208
144
390
1, 060

9,173
881
210
350
183
138
390
1,070

9,160
894
206
380
188
140
395
1,067

9,065
870
212
345
170
143
384
1,048

9,358
930
226
361
194
149
39<)
1 063

9,257
897
216
358
177
146
398
1 051

9,539
987
232
389
206
160
411
1 091

9,140
891
210
342
193
146
414
1 087

9,211
883
210
346
188
138
412
1 075

9,225
916
209
355
204
148
397
1 101

3, 256
2,641
806
1,546
859
109
253
325
270

3,341
2 728
821
1, 593
882
116
255
340
271

3,402
2 756
833
1,535
831
118
252
334
274

3,346
2 713
842
1,615
896
115
262
342
264

3 398
2 768
847
1, 517
838
107
247
325
268

3 419
2 770
854
1,638
903
115
260
360
279

3 362
2 735
875
1 586
884
111
239
352
256

3 372
2 730
8Q3
1 690
918
123
26°
387
275

3 353
2 714
850
1 543
852
109
237
345
254

3 393
2 743
869
1 560
855
116
250
339
264

3 376
2 741
845
1 582
870
118
2^4
340
263

r 3 407
r
2 773

r 271

3 416
2 743
850
1 627
907
118
271
331
263

20, 542
9,689
10 853

19, 825
9,229
10 596

19 209
8 621
10 588

19 279
8,314
10 965

20 434
8,739
11 695

21 564
9 125
12 439

22 059
9 366
12 693

19 544
8 838
10 706

19 896
9 292
10 604

20 738
9 789
10 949

21 967
10' 473
11 494

22 403
11 014
11 389

22 206
10 982
11 224

20, 069
9 112
2 888
1, 667
479
2,380
1,698

20, 125
9 030
2 864
1, 625
494
2,364
1,683

20 127
8 749
2 591
1 707
488
2,332
1 631

19 745
8 626
2 564
1,701
480
2,273
1 608

20 281
8 956
2 875
1,693
486
2,233
1 669

20 652
9 175
3 093
1 643
500
2,229
1 710

20 895
9 384
3 212
1 643
499
2, 281
1 749

20 804
9 352
3 272
1 639
490
2,208
1 743

20 814
9 539
3 307
1 659
496
2,299
1 778

20 973
9 905
3' 457
1 662
491
2,449
1 846

21 096
10 084
3 500
1 651
488
2, 565
1 880

21 656
10 396
r 3 676
r i 706
r 492
' 2, 584

21 739
10 422
3 641
1 728
486
2,624
1 943

10, 957
2 583
777
2, 023
3,295
2,279

11, 095
2 636
760
2,110
3,271
2,318

11 378
2 714
'790
2 080
3 358
2 436

11,119
2 700
765
2,001
3 276
2,377

11, 325
2 748
752
2,099
3 351
2,375

11 477
2 817
799
2 091
3 383
2 387

11 511
2 830
801
2 089
3 424
2 367

11 452
2 790
717
2 183
3 373
2 389

11 275
2 703
760
2 119
3 384
2 309

11 068
2 559
745
2 047
3 471
2 246

11 012
2 506
710
2 053
3 497
2 246

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

2,586
176
18
73
57
60
53
31

2,423
173
18
67
60
59
52
26

2 333
132
12
57
45
59
54
23

2 504
143
11
63
48
60
54
26

2.476
175
15
69
60
58
54
26

2 744
191
21
76
53
61
56
30

2 666
182
21
74
49
60
50
31

3 457
293
35
119
80
87
55
39

2 285
132
15
51
38
60
50
20

2 145
119
13
47
36
57
47
22

9 485
' 188
19
74
56
60
54
28

General-merchandise group
do
Department stores
___
_ do _
Dry-goods, other g e n e r a l - m e r c h a n d i s e
storesmil. of dol
Variety stores _ _ _
do
Grocerv stores
_.
_
do
Lumber, building-materials dealers. __ do
Tire, battery, accessory stores _ _ _
_ do_ _ _

741
365

711
343

618
284

719
326

735
346

856
396

835
366

1 335
539

556
248

543
233

109
180
1,023
71
55

105
170
908
73
59

91
163
953
72
56

113
183
999
76
57

100
180
930
78
49

131
201
1 015
81
53

135
203
1 020
64
49

205
414
1 056
53
75

83
142
1 039
51
43

2,475
164
17
67
52
61
53
30

2,559
176
18
71
57
62
52
28

2 520
171
19
72
55
61
54
25

2 562
174
18
73
56
62
53
25

2,545
169
16
66
55
61
54
24

o (522
180
19
71
53
61
54
28

2 555
175
18
72
50
62
52
29

2 638
195
20
80
56
62
52
22

Jewelry stores
do
Lumber, building, hardware group . do __
Lumber, building-materials dealers-- do
Hardware stores
__ do
Nondurable-goods stores
Apparel group
_
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
-

do
do
do __
do
do_ __
do
do __
do

Food group
_
do
Grocery stores
do
Gasoline service stations
__
do
General-merchandise group . _ _ _ _ _ _ _ do
Department stores, excl. mail-order _ _ do
Mail-order (catalog sales).- _.
do
Variety stores
do
Other general-merchandise stores
do
Liquor stores
do
Estimated inventories.^
Unadjusted, total
._
Durable-goods stores
Nondurable-goods stores

_ __

_

do
do. _ _
do

Adjusted, total
__
_
do
Durable-goods stores
do
Automotive group
_
__
do
Furniture and appliance grouo
__do
Jewelry stores
do
Lumber, building, hardware group _ _ do
Other durable-goods stores
do
Nondurable-good stores
Apparel group
Drug and proprietary stores
Foodgroup__ _ _ _ - _ - _ .
General-merchandise group
Other nondurable-goods stores.

_

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

Firms with 11 or more storesif
Estimated sales (unadjusted), total . _ _ _
Apparel group
Men's and boys' wear stores _ ___
Women's apparel, accessory stores
Shoe stores
_ __
Drug and proprietary stores
Eating and drinking places
_
Furniture, horn efurnishings stores.- ..

Estimated sales (adjusted), total
_
Apparel group
Men's and boys' wear stores _ _ _ _ _ _
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores.
_ _ _ .__
Eating and drinking places
_
Furniture, homefurnishings stores _ __

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

General-merchandise group
do
745
729
729
757
770
735
783
817
Department stores
do
344
352
325
328
326
323
351
345
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil. of doL.
110
115
119
102
101
119
145
120
Variety stores
__
_.
do
190
194
199
193
204
189
210
204
Grocery stores
do
1,009
936
960
984
985
1,013
1 003
1 009
67
Lumber, building-materials dealers
do
66
66
68
64
62
64
62
52
Tire, batterv. accessory stores
do
53
52
52
50
56
47
52
T
Revised.
fRevised
series; see note marked "t" on p. S-8.
cf1 Data represent new estimates adjusted for comparability with the new series of retail sales, For the new estimates for December 1950 and
series (1949-51), see pp. 14 ff. of the November 1952 SURVEY.




r 5 H3

r 2 856
' 2, 695
r 161

r 734
r 424
r
309

' 652
r 209
T

9, 156
r 865
r 199

-•348
r 185
r 132

r 405
r 1 082

r 855

r i 526
••835
r 107
r 254

'329

r 1 938
r 11 260

T 2 576
r 732
r 2 060

r 3 622
r 2 270

r 2 546
T 180

129
868
642
226

9,322
903
208
361
196
138
398
1 089

11 317
2 536
751
2 092
3 625
2 313

24

2 634
175
17
72
57
61
56
30

684
302

r 718
r 338

757
379

78
144
939
47
41

103
172
999
54
49

104

T i 013
r
62
54

109
178
1 054
65
56

2 506
167
16
68
49
63
51
27

2 570
'l68
18
66
52
62
52
27

2 591
171
18
64
55
61
53
31

727
345

756
359

769
357

98
181
995
63
60

101
187
1 000
69
61

114
189
1 004
69
57

r 17

70
r 60

60
r 56

r 183

r 2 579
r 171
17

26

2 619
172
18
69
55
63
55
30

745
r 343

804
380

112
190
1 018
r
64
58

114
200
996
63
54

r
r
r
r

69
51
63
56

r

the entire year 1951 and for revisions of the old

SURVEY OF CURRENT BUSINESS

S-10
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953
1953

1952

May

June

July

August

September

October

November

December

January

February

April

March

May

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores:
Accounts receivable, end of month :t
Charge accounts
1947-49=100
Instalment accounts
do
Eatio of collections to accounts receivable:
Charge accounts
percent
Instalment accounts
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
-- do
Instalment sales
do
Sales unadjusted, total U S.f
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St Louis
Ban Francisco

1947-49=100..
do___
do
do ..
do
- --do.. .
clo
_ do
do _
_ - __ _do ...
do
- do.
do

Sales, adjusted, total U. S.f
Atlanta
"Pos^on
Chicago
Clpvplt'nd.
Dallas
Kansas City
Minneapolis
New York
_
Philadelphia
Itichino r id
St Louis
San Francisco
Stocks, total U. S., end of month: f
Unadjusted
A.djuFted
Mail-order and store sales:
Total sales, 2 companies
Montgomery Ward & Co
Sears, Roebuck & Co
Rural sales of general merchandise:
Total U. S., unadjusted
Fast
South
Middle West
Fp r West
Total U. S., adjusted ...
East
South
Middle West
Far West

(1o____
do
do
do
do
do
do _..
do
do
do
do
do
do
do
do_
thous. of dol
_
do _
do
1935-39=100-.
do
_ do _ _
do
do
__do
do ___
do
do __
do

176

120
178

107
177

108
180

118
190

128
201

138
211

183
231

147

48
19

46
18

46
17

46
17

47
18

50
18

48
17

48
17

47

47
43

48
41

10

48
41

11

11

46
43

46
43
11

47
42

108
f 123
102
104
105
125
112
105
£5
108
'•120
106
M14

105

84

112

119
132
111
116
119
134
120
124
110
120
128
121
117

133

r 109

111
138

115
126
1 09
113
11o
128
113
110
105

43
10

' 128
101
104
103
128
112
104
r
97
107
r
121
102
Ml 9

117
103
103
105
116
106
96
95
102
114
103
108

98

96
73
82
82
104
93
84
69
76
87
81
96

115
S3
97
99
114
110
103
76
86
100
1)8
112

105
120

114
131

103
105
112
132
114
100
98
107
192
111
114

106
97

112
118

368, 073
101,381
266, 692

354, 385

] 05

109
111
113
127
119
115
102
115
127
110

11

126
111
110
110

128
115
108
100

no
i°i

110
115
106
191
]f>l
103

47
43
10

47
43
10

85
97
84
82
87
101
86
74
78
82
84
79
91

87
104
80
84
89
101
91
80
79
85
89
85
94

103
124
95
101
107
117
103
' 92
91
106
109
90
102

104
117
101
104
103
117
106
97
93
103
111
100
105

P 114
v 131
p 106
114
115
127
v 115
107
99
117
f 128
112
117

115
130
108
116
117
130
120
110
101
111
121
113
119

111
1?7
104
107
l'<6
129
114
99
97
111
1]9
108
116

111
124
106
109
115
125
113
109
96
115
117
106
117

113
128
100
114
11 6
125
114
105
100
112
122
107
112

107
16
103
108
105
121
108
96
98
107
115
99
110

P115

136
120

108
119

111
123

119
122

121

132
126

* 132
p 129

391, 569
108, 525
283, 045

546, 465
155, 594
390, 870

°68 961
62 778
205 483

258 518
62 171
196 347

327, 550
87, 515
240 036

345 223
90 564
254 659

384, 048
95, 059
288, 989

293. 6
265 8
313 3
274 9
340 2
313. 3
285 8
348 9
287 6
371 8

308. 3
294. 1
320. 3

8, 152
2, 823

126
136

120
114
118

113
128
105
108
113
129
117
107
98
109
115
106
128

134
120
418, 732
118,142
300, 590

304,313
82, 995
221,318

351,558
101.150
250, 409

283. 9
253. 5
301.8
269.8
327.7
316.5
282 3
364. 1
304.5
365.7

308. 3
280. 0
345. 4
286.9
370.7
345. 5
311.1
397.5
313.2
396.5

249. 5
215.6
270. 5
234. 6
313. 6
336. 3
304. 5
387.0
314.1
384.3

315. 6
280. 7
330, 8
295. 3
396.2
342.3
320. 1
368.4
318. 9
404.3

344.
29P
390
316
415
311
289
343
294
363

5
7
4
8
6
5
0
1
4
3

378.3
356 9
445. 0
366. 8
410 8
316.3
310. 3
348. 2
312.2
365. 5

8,116
2,706
5,410
9,855
5,161
4,694

8,240
2,728
5,512
9,761
5,005
4,756

8,596
2,718
5,878
9,665
4,809
4,856

8,699
2, 646
6, 053
9,735
4,814
4,921

9, 523

10, 389
3, 254
7, 135
10, 177
4,790
5,387

271, ?62

46
43
11

195
221
193
186
194
215
1%
175
175
195
214
179
207

262, 040

102,462

47
42
11

47
42
11

120

373, 704

46
15

49
42
9

114
118

m, 345

' 46
r
15

44
15

110
120

120

49
17

47
17

IK;

r 117

124
220

222

1()5
110
108
08
05
105
112
104
114

123
114
104
95
106
106
99
110

122
220

126
224

114

11

145
127
129
139
145
132
120
123
143
149

432.
441
478.
393
500

6
5
2
7
3

333.8
310. 5
347 0

299.6
399 0

554. 4
502 9

r

322.
316
349.
312
352
347.

r

T !

5
3
5
1
3
9

7
6
0
2
3
1
8
2
3
o

277.7

8 195
2 619
5, 576
10, 255
5 325

10, 434
5 547

5, 087

8 593
2 457
6,136
10 111
5 099
5,012

4,930

4,887

*• 8 545
3 009
r
5, 536
10, 376
r
5 569
r
4, 807

585.8
527 9
662 3
371.8
330. 8
411 7
351. 5
418 4

253.
238
281
237
286
335
314
351
316
3gq

954
308
254
301
331
306
354
318
404

3
1
7
9
8
4
1
4
1

326.0
379 9
327 8
404 9

T' 137
v 104
114
113
130
v 115
105
101
116
T 129
108
122

292.9
339 7
343. 7

327.5
386. 4
330. 6
379. 1

WHOLESALE TRADEt
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

2,983
6,540
9, 925

4,824
5,101

9,481
2, 797

9, 765

10, 202

6,912
9, 965

4,860
5,342

4,878

6,684

2,853

8 866
2 910

5,956

r

5,329
10, 374
5, 574

4,800

EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. armed forces overseas
thousands..

156, 568

156, 770

156, 981

157, 234

157, 505

157, 768

158,012

158, 233

158, 448

158, 657

158, 848

159, 068

109, 426
51, 804
57, 622

109, 556
51, 872
57, 684

109, 692
51, 948
57, 744

109, 804
52, 000
57, 804

109, 906
52, 040
57, 866

110, 074
52, 144
57, 930

110, 198
52, 208
57 990

110,315
52, 265
58 050

i 110 648
52 502
58 146

110, 936
52, 698
58, 238

111 210
52 886
58 324

111 300
52 932
58 368

do
do
do

62, 778
43, 262
19, 516

64.390
44, 464
19, 926

64, 176
44,720
19, 456

63, 958
44 396
19, 562

63,698
43 468
20 230

63,146
43 196
19, 950

63 646
43 218
20 498

62 991
43 240
19 681

62 416
43 334
19 082

62 712
43 692
19 020

63 134
43 892
19 242

62 810
43 898
18 912

do
do
do

61, 176
42 290
18, 886

62, 572
43 326
19, 246

62, 234
43 476
18, 758

62, 354
43 392
18 962

62, 260
42 604
19 656

61,862
42 482
19, 380

62 228
42 404
19 824

61 509
42 275
19 234

60 524
41 974
18 550

60 924
42 448
18 476

61 460
42 784
18' 676

61 228
42 794
18 434

do .
do. __
do

6,960
54, 216
1,602

8,170
54, 402
1,818

7,598
54, 636
1,942

6,964
55, 390
1 604

7 548
54, 712
1 438

7,274
54, 588
1 284

6 774
55, 454
1 418

5 697
55, 812
1 412

i 5 452
i 55 072
i i 892

5 366
55 558
1 788

5 720
55 740
1 674

6 070
55' 158
1 582

46. 648

45. 166

45. 516

45. 846

46. 208

46. 928

46. 552

47. 394

i 4R. 239

48.994

48. 07fi

48 490

EMPLOYMENT
Employment status of civilian noninstitutional
population: c?
Estimated number 14 years of age and over,
total
_
_ _
thousandsMale
do ___
Female
do
Civilian labor force, total
Male
Female
_
Employed
Male
Female _ _

_ _
_

_

Agricultural employment __
Nonagricultural employment
Unemployed
Not in labor force
r

__-do

l
Revised.
* Preliminary.
See note at bottom of p. S-ll.
tRevised series. Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back to 1919 for sales by districts will be shown later. Published revisions appear as follows: Accounts receivable (1941-51), p. 32 of the July 1952 SURVEY; total U. S. sales (1919-50), p. 32 of the February 1952 SURVEY; total U. S. stocks, p. 32 of the July
1952 SURVEY.
tData on total wholesale trade have been substituted for the series on service and limited-function wholesalers. For annual sales, 1939-48, and end-of-year inventories, 1938-48, see p. 24 of
Digitized forthe
FRASER
October 1951 SURVEY; revisions beginning 1949 appear on pp. 16 ft. of the October 1952 SURVEY. tfSee note at bottom of p. S-ll.



SURVEY OF CUKKENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-ll

1952

May

June

July

August

1953

September

October

November

December

January

February

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 _
"Wholesale and retail trade
do
Wholesale trade
do
Retail trade
_
_ _ __do
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers__.do
Finance, insurance, and real estate
_do
Service and miscellaneous
do
Hotels and lodging places
do
Laundries
do
Cleaning arid dyeing plants
do
Government
- _
do
Total, adjusted (Federal Reserve)
Manufacturing
Mining
Contract construction
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Service and miscellaneous
Government
_

do -_do
_do __
do
do
do
do
do
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. _
Furniture and
fixtures
do
Stone, clay, and glass products
do
Glass and glassware, pressed or blown
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills
thousands
Primary smelting and refining of nonferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands. _
Heating apparatus (except electrical) and
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
. do
Automobiles
__ do
Aircraft and parts
__ do_ _ _
Ship and boat building and repairs_-_do
Instruments and related products
Miscellaneous mfe. industries
__

do
do

Nondurable-goods industries _ _ __ _ -do _ _
Food and kindred products
do_ _
Meat products
do
Dairy products
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
thousanis-Women's outerwear
do__ _
Paper and allied products
do
Pulp, paper, and paperboard mills _ _ _ d o
Printing, publishing, and allied industries
thousands- Newspapers
do
Commercial printing
__
do

47, 439
15, 855
9,189
6,666
887

47, 418
15, 624
8,833
6,791
816
72
65
294

47, 078
15, 402
8,530
6,872
784
69
61
267

48, 158
16, 280
9,142
7,138
893
103
63
340

48, 892
16 680
9,440
7,240
886
100
63
339

49, 095
16 778
9,594
7,184
871
99
63
330

49, 310
16 874
9,750
7,124
871
101
62
331

50, 140
16, 952
9,856
7,096
870
102
62
331

48, 382
16. 884
9,880
7.004
866
102
61
331

274
102
2,543
4,184
1,416
133
669
536

281
103
2,690
4,225
1,396
134
674
47
546

283
104
2,751
4,198
1,353
134
682
48
553

281
106
2,812
4,258
1,394
134
688
48
554

280
106
2,794
4,281
1,411
133
682
48
548

274
106
2, 728
4, 296
1,423
132
682
49
543

272
105
2,648
4,286
1,413
132
684
49
539

273
102
2,497
4,293
1,406
132
687
49
541

275
98
2,303
4,210
1,368
126
685
49
541

10, 068
2,681
7, 387
1,374
1,345
768
1, 950
5, 323
474
344
178
6,629

10, 144
2,700
7,444
1,370
1,347
781
1,972
5.360
501
349
179
6,587

10, 108
2.709
7,399
1,332
1.349
785
1,997
5,382
546
351
174
6,456

10, 110
2,722
7,388
1,325
1, 345
782
2,000
5,378
546
349
169
6,427

10, 295
2,730
7,565
1,424
1,356
778
1,976
5,364
494
344
174
6,616

10. 442
2,752
7, 690
1,505
1, 376
785
1,973
5, 303
456
344
177
6,704

10, 650
2,780
7,870
1, 626
1,382
801
1,973
5,266
446
342
175
6,742

11,218
2,787
8,431
2,013
1,407
815
1,978
5,237
447
342
173
7,095

10, 283
2,747
7,536
1,407
1,371
808
1,969
5,192
443
342
172
6,675

«• 10, 214
r 2 743

47, 670
16,082
890
2, 518
4,187
10, 184
1.940
5,270
6,599

47, 471
15, 771
812
2,587
4, 193
10, 246
1,952
5,281
6,629

47, 336
15, 609
777
2,595
4,154
10, 273
1, 967
5,302
6.659

48, 039
16, 151
883
2,604
4,209
10, 261
1,980
5,299
6,652

48, 406
16.412
880
2,611
4,259
r
1, 333
1,986
5,285
6,640

48, 664
16, 546
867
2,574
4,303
10, 390
1,993
5,303
6,688

48, 857
16,755
870
2,571
4,293
10, 366
1,993
5, 292
6,717

48, 957
16, 870
871
2,548
4,281
10, 397
1,988
5,290
6,712

49, 014
16, 949
872
2,531
4,246
10, 437
1,989
5,298
6,692

r 49, 113

12, 726
7,426
126

12, 476
7, 065
127

12, 229
6,748
126

13, 069
7,332
129

13, 477
7,634
132

13, 560
7,774
132

13, 634
7,916
134

13, 699
8,010
137

13, 619
8,020
139

r 13, 733
' 8, 115

653
396
296
442

725
435
298
447

744
439
296
434

759
450
307
451

751
448
316
455

728
440
322
459

730
433
329
461

704
420
330
458

676
406
329
451

••677
'404
332
••453

'686
'408
'334
'460

'695
414
'330
'464

82
1,105

83
681

80
643

83
1,068

87
1,109

87
1,116

88
1,126

87
1,137

87
1,139

r
88
1,142

'91
1,145

92
' 1, 145

549

153

132

530

556

557

557

561

562

563

'565

565

43

42

42

43

42

41

41

41

41

42

42

42

839

810

768

821

862

888

903

922

931

942

953

953

'124
1,335
924
1, 576
'823

125
' 1, 327
' 926
' 1, 576
828

136
63
244
'411

141
63
'245
'412

' 5, 621
' 1, 026
238
80

' 5, 551
' 1, 023
231
84
132
178
127
85
' 1, 123

102
66
343

'r 48, 369 ' 48, 631 ' 48, 796 p 48, 948
17 013 ' 17 131 ' 17 077 p 17 039
' 9, 989 ' 10 101 ' 10, 113 v 10, 090
r 7, 024
' 7, 030 ' 6, 964 v 6, 949
'833
*>829
856
846
101
99
v 98
' 100
51
60
57
p304
'310
325
'320
272
271
100
'98
r 2, 280
' 2, 292
' 4 210 ' 4 231
1 356
1 360
r 132
131
' 689
693
48
48
541
' 543
' 10, 280
' 2 729
' 7 551
' 1, 389
1,381
' 1, 387
'813
••810
' 1, 977 ' 1, 994
5 194
5 225
451
' 456
340
340
172
175
6 625
6 632

r 7, 471
r 1, 335

r!42

107
1,286
776
1,322
660
454
136
63
223
359

109
1,277
775
1,340
663
466
138
62
223
363

107
1,218
755
1,190
515
476
137
51
219
354

115
1,193
782
1,221
524
490
137
59
226
375

121
1,208
824
1,355
674
474
138
58
230
393

124
1,227
851
1,411
701
501
137
59
234
408

125
1,260
872
1,450
735
510
137
56
237
415

125
1,301
893
1,484
750
524
140
58
240
404

122
1,313
899
1,509
769
531
139
58
241
393

5,300
1,048
239
89
139
173
131
84
1,070
483
215

5, 411
1,116
238
95
177
180
140
85
1,068
486
219

5,481
1,199
244
96
234
188
148
85
1,067
489
215

5,737
1,269
242
93

5,843
1,309
247
87
348
186
137
117
1,127
501
232

5,786
1,223
244
83
253
187
134
117
1,135
503
236

5,718
1,142
254
80
172
187
132
109
1, 146
506
239

5,689
1,093
256
78
143
184
129
108
1,146
508
236

5,599
1,045
249
76
132
179
124
101
1,132
502
230

' 5, 618
' 1, 033

186
145
109
1,105
498
228

P103
9 2, 480
p 4, 274

' 10, 304 p 10, 315
' 2, 710 p 2, 699
' 7, 594 p 7, 616
' 1, 386 p 1, 398
' 1, 394 p 1, 398
'824
»833
2,015
p 2, 027
' 5, 312 p 5, 368
470
342
181
' 6, 614 p 6, 616

' 49, 095 ' 49, 090 p 49, 192
r 17, 039 ' 17, 165 ' 17, 229 p 17, 280
'837
P831
867
855
' 2, 562 ' 2, 519 ' 2, 502 p 2, 455
' 4, 261 ' 4, 268 ' 4, 261 P 4, 277
' 10, 392 p 10, 433
10, 445
10, 386
2,005
p 2, 017
r 1, 987
' 1, 994
' 5, 312 *5,315
5,300
5, 305
' 6, 552 p 6, 584
6,652
6,603

r 124
r 1,323

r 3Q9

272
' 102
' 2, 402
' 4, 239
1,375
131
682
48
542

916
r I, 543
'798
coo
r!37

59
'241

404

'241
78
'129
'ISO
'122
'94

' 1, 134
502
'232

r 13, 834
' 13, 767 p 13, 712
' 8, 213 ' 8, 216 * 8, 184
144
'144
v 143

r

fv!9

r 122

'180
' 125
'87
1, 134
235

*705
P324
*463

p 1, 140

*952

p 1, 307
p 922
v 1, 573

coo

P244
P411

P 5, 528
P 1, 051

*85
P 1, 115

233

1,138
' 126

' 1, 093

v 1, 068

*440

996
109

1,008
115

1,018
112

1,088
122

1,106
124

1,103
123

1,104
122

1,114
121

1,109
119

1,137
' 124

258
298
414
218

261
295
419
221

260
311
411
215

271
339
425
222

276
340
425
217

279
330
432
219

280
331
435
219

280

279

441
224

436
223

284
360
'437
' 223

'288
' 357
440

290
324
'440

490
145
157

492
146
158

4t>0
145
156

490
144
156

497
146
158

504
146
160

505
147
161

505
147
162

498
144
161

'497
144

'500
146

'499
147

r

-I JTQ

P500

1 ro

JBeginniiie with the June 1953 SURVEY, data for employment and hours and earnings have been revised (beginning 1947) to adjust to a first quarter 1951 benchmark and to incorporate more
detailed weighting procedures primarily in the manufacturing division. Also, the hourly earnings figures have been recalculated, beginning 1951, using as weights (for industry divisions and
groups) figures rounded to the nearest cent instead of the nearest mill. Revised data beginning 1947 are available from the compiling agency.
NOTE FOR EMPLOYMENT SERIES, P. S-10. Beginning January 1953, estimates are based on the 1950 census; unrevised estimates for January consistent with the 1940 census and
comparable with data through December 1952 are as follows (thous.): Civilian noninstitutional population—total, 110,450; male 52,345; labor force—total, 62,294; male, 43,213;.employed—total,
60,406- male, 41,892; agricultural, 5,443; nonagricultural, 54,963; unemployed, 1,888; not in labor force, 48,156 (data for employment and unemployment estimated by OBE). The overall increase
Digitized forinFRASER
the level of the labor force (roughly 400,000 for the total; 150,000 for nonagricultural; 250,000 for agricultural) is not fully reflected in the January figures, but is spread over the 3-month period,
January-March 1953. Appropriate allowances should be made in comparing the estimates beginning 1953 with those for earlier periods.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

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 1953

1952
May

June

July

August

1953

September

October

November

December

January

February

March

April

May

EMPLOYMENT AND POPULATION— Continued
EMPLOYMENT—Continued

Production workers in mfg. industries!— Con.
Total (U. S. Dept. of Labor)— Continued
Nondurable-goods industries— Continued
Chemicals and allied products
thousands. Industrial organic chemicals
do
Products of petroleum and coal _
do
Petroleum refining
do
Rubber products
do _ _
Tires and inner tubes
do
Leather and leather products
. . do Footwear (except rubber)
do
Manufacturing production-worker employment
index, unadjusted (U. S. Dept. of Labor) t
1947-49=100-Manufacturing production-worker employment
index, adjusted (Federal Reser ve)t- 1947-49=100 _ _
Miscellaneous employment data:
Federal and State highways, total§
number-Construction (Federal and State) __ _ do
Maintenance (State)
do
Federal civilian employees:
United States
__ _ _ thousands
Washington, D. C., metropolitan area_cf-dO-_
Railway employees (class I steam railways) :
Total
thousands
Indexes:
Unadjusted
1935-39—100
Adjusted
do

501
184
177
144
195
90
338
221

503
185
191
146
203
89
355
233

512
185
190
145
208
90
'352
229

518
187
189
144
213
90
352
225

518
188
188
144
217
91
355
226

518
189
187
144
219
92
359
232

516
190
186
144
219
92
359
236

'519
189
186
144
219
91
••364
'238

'526
191
186
'144
220
92
363
238

'527
192
187
144
'220
92
355
232

*516

100.9

98.9

105.7

109.0

109.6

110.2

110.8

110.1

'111.0

'111.8

'111.3

» 110. 9

102.0

100.6

104.7

106.8

107.8

109.2

110.0

110.6

'111.2

'112.0

' 112. 5

* 112. 7

296, 941
120, 225
122, 354

328, 561
141, 561
128, 338

341, 207
149, 194
131, 788

344, 947
151, 418
132, 378

334, 323
149, 271
126, 444

315, 261
138, 599
121, 337

284, 896
109, 889
119, 630

250, 904
77, 795
117, 558

239, 117
66, 668
116, 321

2,392
249

2,419
253

2,422
252

2,409
249

2,390
247

2,386
247

2,383
246

2,378
245

2,370
245

2,363
244

1,277

1,257

1, 214

1,256

1,272

1,285

1,274

1,260

1,229

1,219

121.8
122.3

120.1
118.4

116.0
113.5

119.7
117.2

121.3
118.4

122.5
118.5

121.4
120.3

119.8
121.7

117.1
121.8

116.1
119.0

128.9

127.3

122.2

134.2

143.3

145.7

146.3

150.9

148.4

' 149. 3

152.1

' 150. 1

v 148. 6

40.2
41.1
43.7

40.5
41.2
43.5

39.9
40.2
42.3

40.5
41.0
41.0

41.2
41.9
42.7

41.4
42.2
42.3

41.1
41.9
41.0

41.7
42.5
41.7

41.0
41.8
41.0

40.9
41.7
'41.6

41.1
41.9
'41.2

40.8
'41.6
'40.8

*40.6
*41.3
P40.7

41.0
40.9
40.8
41.1
39.6
39.1

42.3
42.2
40.9
41.1
39.5
40.0

40.9
40.4
40.4
40.3
38.4
39.4

42.0
41.6
41.4
41.2
40.2
40.4

41.5
41.3
42.1
41.4
39.7
41.1

41.9
41.7
42.5
42.1
40.7
41.3

41.2
41.1
42.1
41.3
39.9
41.4

41.4
41.0
42.8
41.5
40.7
41.8

40.7
40.3
41.4
40.6
39.6
41.7

41.0
'40.6
'41.5
41.0
'39.9
'41.4

'40.9
'40.4
'41.7
'41.4
'40.5
'41.7

'41.1
40.8
41.2
'41.2
39.9
'41.2

^41.1

37.4

36.8

37.7

40.3

40.9

40.6

41.1

41.0

41.4

'40.9

41.1

40.5

41.9

41.8

41.9

41.6

41.7

41.4

41.6

41.8

41.9

'41.7

'41.5

41.2

40.8

39.8

40.8

42.1

42.5

42.4

43.3

42.4

42.2

42.4

'42.2

40.2
42.8
40.5
41.2
40.1
42.8
41.0
40.8
41.7
40.3

40.2
42.6
40.7
40.8
39.4
42.7
40.8
40.9
41.5
40.2

39.6
41.5
39.7
39.4
35.9
42.6
40.4
40.7
40.7
39.6

40.7
42.0
40.7
40.3
38.4
42.3
40.3
40.3
41.4
40.7

41.7
42.7
41.6
42.2
41.8
43.6
40.4
39.8
42.2
41.6

42.2
42.7
41.7
42.6
43.1
43.0
39.4
40.0
42.4
42.1

41.2
42.6
41.6
41.9
41.9
43.1
37.8
40.0
42.5
42.0

42.1
43.5
42.1
42.7
42.4
43.9
40.2
41.6
42.8
42.3

40.5
43.0
41.7
41.9
41.4
43.3
39.6
40.7
41.8
41.4

'41.0
42.8
'41.2
41.8
41.7
'43.0
'38.3
'40.6
41.7
'41.1

'41.2
43.1
41.5
'41.7
41.7
' 42.6
39.1
'40.4
'41.8
41.6

40.9
'42.8
'41.2
'41.5
41.5
42.3
39.6
40.0
'41.1
'41.3

38.9
41.3
40.8
44.0
37.2
41.9
42.1
38.0
37.7
37.1
37.0

39.5
42.1
41.3
45.2
38.6
42.3
42.8
38.7
38.4
37.6
37.7

39.4
42.0
41.0
45.0
40.5
41.9
43.7
38.0
38.5
38.1
38.0

39.9
41.4
40.5
44.0
40.0
41.9
41.8
39.2
39.7
39.3
39.0

40.3
42.3
41.5
44.4
42.5
41.8
41.4
40.3
40.2
40.1
39.3

40.3
41.8
41.9
43.4
40.7
41.6
40.8
40.4
40.5
40.6
39.9

40.1
41.7
43.4
43.5
36.2
41.5
41.2
38.5
40.4
40.5
39.8

40.5
42.1
44.4
43.6
37.7
41.3
40.9
39.2
40.8
41.0
39.1

39.8
41.1
41.7
43.8
38.2
40.9
40.3
38.5
40.1
40.4
38.0

'39.8
40.7
40.0
'43.9
'38.0
'41.2
40.4
36.9
40.1
40.2
38.5

40.0
40.8
'40.3
'43.2
'37.6
41.5
'40.3
'37.9
40.0
40.1
'38.8

'39.5
'40.3
39.9
42.9
36.6
41.1
40.8
'37.3
'39.2
39.6
37.4

508
179
157
114
206
92
327
214

502
181
177
141
207
92
337
223

102.9
104.6

v 188
^219

*345

259, 370 * 272, 930
233, 697 ' 240, 604
65,912 ' 71, 537 91, 151 v 103, 214
112, 583 p 114, 107
112, 723 112, 856

2,344
241

2,324
238

1,223

' 1, 239

' 116. 5 *117.9
119.4
*> 119. 8

f 2, 302
"235
1,251

f 119. 3
f 119. 8

PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor) f. 1947-49=100-.
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :i
All manufacturing industries
hours..
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
do
Glass and glassware, pressed or blown-do
Primary metal industries _
do
Blast furnaces, steel works, and rolling
mills
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment) -hoursHeating apparatus (except electrical) and
plumbers' supplies
hours
Machinery (except electrical)
do
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
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

J-41.0

41.4

Apparel and other finished textile products
37.2
35.8
37.2
37.2
37.1
36.1
36.3
37.7
37.3
'37.1
'37.3
36.7
hours _34.2
33.2
36.2
33.7
36.1
Men's and boys' suits and coats-. __-do _
38.9
35.8
36.7
37.5
36.4
36.8
37.7
Men's and boys' furnishings and work
36.9
37.5
38.2
37.3
'38.5
38.8
39.0
38.0
clothing
hours
38.4
37.9
'37.9
37.3
35.2
34.8
34.6
Women's outerwear
do
'36.4
35.5
36.0
35.8
36.2
34.7
36.1
'36.4
35.9
42.4
42.5
43.1
41.8
'43.2
43.8
43.5
Paper and allied products -do
43.1
44.0
43.8
'43.0
'43.0
43.4
Pulp, paper, and paperboard mills _-do. _.
44.4
44.2
44.0
43.6
43.1
42.6
'44.0
44.5
'43.9
44.0
44.0
Printing, publishing, and allied industries
38.6
38.8
38.7
39.0
39.3
38.9
39.0
39.5
39.0
'38.6
38.7
' 38. 8
hours. 36.1
36.4
36.5
36.3
36.5
36.1
Newspapers
do
35.8
37.1
36.4
36.4
35.4
'35.7
40.3
40.2
40.2
40.0
Commercial printing
do
40.6
40.4
40.5
40.3
'39.9
40.4
40.8
40.0
40.7
41.1
40.9
'41.5
41.2
41.7
41.5
41.3
40.9
Chemicals and allied products
do
'41.4
41.7
'41.3
40.4
41.3
40.3
40.4
41.2
40.7
40.6
Industrial organic chemicals
__do
40.3
40.8
40.7
41.0
40.8
41.4
41.2
40.7
37.3
40.6
40.6
40.9
40.9
40.9
Products of petroleum and coal
do
'40.3
40.6
'40.6
Petroleum refining _
do
40.4
40.2
40.8
40.4
35.7
40.7
40.2
40.5
'40.1
40.5
40.5
40.2
39.6
40.9
40.5
Rubber products _ __
_ do
41.1
41.9
41.1
41.5
41.1
40.6
41.1
'41.7
'41.3
40.2
39.8
41.1
40.4
Tires and inner tubes
do
'41.9
40.2
41.1
40.7
40.7
40.5
'40.8
40.8
38.5
38.2
37.6
38.2
38.5
37.3
39.6
39.6
Leather and leather products
do
'39.4
'39.3
39.3
'37.9
38.3
39.7
37.8
36.8
Footwear (except rubber)
do
36. 3
37.2
38.1
37.2
39.1
39.3
'39.4
39.3
r
Revised.
» Preliminary.
JSee note marked "J" on p. S-ll.
fRevised series. Indexes have been shifted to new base period; monthly data for 1919-46 are shown on pp. 19 and 20 of the 0 ctober 1952 SURVEY; inonthly d ata for 1947-March K 52,
to adjust to the latest benchmark, will be shown later.
§Total includes State engineering, supervisory, and administrative employees not shown S(jparately.
cf Data beginning March 1952 have been revised to include estimated totals for the Postal fi eld service in Maryland and Vir ginia segm ents of the metropoliltan area; fij*ures throuigh
ary 1952 cover only the employees in the headquarters office of the Post Office Department an i the Wasllington, D C., city post office.




"40.6
P40.9

J>42.2
*42.5
J-40.9
P41.0

P40.7
»41.1
P39.5
J>40.9

i>36.9
*39.2

*36.8

*42.9
"38.9
»41.3
Ml. 4

*37.4
revised
Febra-

SUEVEY OF CUEEENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-13
1953

1952

May

July

June

August

September

October

November

December

January

February

'42. 9
'34.7
'32.7

March

April

May

EMPLOYMENT AND POPULATION—Continued
LABOR CONDITION S—Continued

Average weekly hours per worker, etc.t— Con.
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
Wholesale and retail trade:
Wholesale trade-.
. ._ _ _ d o
Retail trade (except eating and drinking
places)
hours
General-merchandise stores
do
Food and liquor stores _
_do __
Automotive and accessories dealers do
Service and miscellaneous:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
do
Industrial disputes (strikes and lock-outs) :
Beginning in month:
Work stoppages
number
Workers involved..
thousands. _
In effect during month:
W ork stoppages
number..
W orkers involved
thousands
Man-days idle during month
.do
'Percent of available working time
U . S. Employment Service placement activities:
Nonagricultural placements
thousands
Unemployment compensation (State laws) :
Initial claims
.
..do
Continued claims
.
do
Benefit payments:
Beneficiaries, weekly average
_
.do
Amount of payments
thous. of dol
Veterans' unemployment allowances:^
Initial claims
thousands
Continued claims
.
do
Amount of payments
thous. of dol
Labor turnover in manufacturing establishments:
Accession rate. _ .monthly rate per 100 employees. _
Separation rate, total
do
Discharge
do
Lay-off
do
Quit
do
Military and miscellaneous
__ do

44.4
33.3
31.8

42.4
30.1
28.5

43.0
26.7
28.1

43.9
29.2
36.2

44.9
34.1
38 9

44 3
32.1
32 3

43.5
35.8
35 5

43 5
34.5
36 4

43 0
28.3
35.4

40.6
45.7
38.6
41.2
37 9

41 3
45.8
39.5
42.2
38.8

41.0
44.9
39.2
41.8
38 5

40.5
45.8
39 3
42.4
38 5

41 3
46.4
39 8
43.6
38 8

40
46
39
43
38

6
4
6
1
7

4]
44
37
39
37

5
6
5
0
1

40 8
44.0
38 5
40.1
38 2

41 2
42.8
37 2
38.5
36 9

46.9
38.7
41.2

47.1
39.0
44.5
41.2

46.9
39.3
44.8
41.5

47.0
39.0
44 5
41.4

46 0
39.0
42 6
41.6

45
38
42
41

9
9
3
6

45 5
38.9
41 9
41 9

46 0
38.8
42 1
41 6

44.5
38.6
41 6
41.7

'42. 7
'26.3
'33.1

42.6
25.3
32.0

40.6

37. 0
'38.2
r
36.7

40.7
44.3
37.1
38.9
36.7

' 45. 0
'38.3
41.6
41.2

45.2
38.3
41.6
41.2

r

r

40. 5
'43.2
37. 4
r
38.9
'37 1

r
43.7
r

r

r

44 8
38.3
41 5
r
41.2

r

40.4

40.5

40.6

40.6

40.7

40 7

40.7

40.9

40.4

40.5

39 7
35.8
39.3
45.3

40 3
36.4
40.2
45.3

40 6
36.6
40.7
45.4

40 5
36.6
40.8
45.2

39 7
35 3
39.8
45 2

39
34
39
45

4
8
3
4

39 0
34 4
39.3
45 1

39 8
37 0
39.4
45 4

39 3
35.0
39.2
45 3

39 2
'34.7
39.1
r
45.0

42.6
41.4
42.0

42.6
41.8
42.6

42.4
41.2
40.3

42.6
40.6
40 3

42.4
41.0
41.5

42 4
40 9
41 9

42 3
40.5
40 5

42 9
41.2
41 0

42.4
41.0
40.2

'42.3
r
40.5
r
39 4

518
363

435
201

433
166

494
228

522
250

459
450

269
99

179
34

350
200

675
1,200
8,020
.96

650
990
15, 000
1.80

650
866
12, 700
1.46

675
380
2,810
.33

700
378
3,390
.39

650
584
5,000
53

475
215
1,560
.20

350
82
854
09

40.4

40.3

r
39. 1
r
34.6
r

39.0
45.2

39.1
34.6
38.9
45.1

r

41.6
40.4
40. 1

41.5
40.8
40.6

350
120

450
180

550
275

525
270

500
250
1,250
.15

550
200
1,000
.12

650
230
1,100
.12

700
350
2,500
.27

750
370
3,000
.34

r

572

581

556

588

658

641

507

467

474

455

521

553

577

915
4,445

978
4,255

1,585
4,961

733
4,301

568
2,985

679
2 746

690
2,576

1,126
3,844

1,074
4,602

761
4,223

831
4,288

888
4,081

802
3,567

918
86,958

918
83,511

871
88, 612

980
95 389

631
62 094

530
54 227

536
47 730

672
69 068

953
94,360

956
86, 827

930
92, 308

840
82, 990

772
72, 144

2 17
2 49
2988

26
93
2 101

31
134
3,274

24
152
3,671

23
168
4,407

20
151
3,892

19
125
3,144

4.2
3.6
4
.8
2.2
.4

4.4
4.1
.4
.8
2.5
.3

'4.3
r
4.3
.4
.9
2.7
.3

*4.0
4.5
.4
1.1
2.7
.3

71.40
76.96
77. 11

P 71. 05
v 76. 41
*>76 92

r
64.21
'
63.43
r
63.
38
T
70. 38

' 65. 35
64.46
63.04
r
70. 45

*66.58

r
r

67 64
83. 82

67 83
' 82. 81

85. 90

84.24

(i)

(i)

(i)
U

(0
U

(i)
(i)

(i)
0)
U

1
31

1
28

3.9
3.9
.3
1.1
2.2
.3

4.9
3.9
.3
1.1
2.2
.3

4.4
5.0
.3
2.2
2.2
.3

5.9
4.6
.3
1.0
3.0
.3

5.6
4.9
.4
.7
3.5
.3

5.2
4 2
.4
7
2.8
3

4.0
35
.4
7
2.1
3

3. 0o
3 4
.3
10
1.7
3

4.4
3.8
.3
.9
2.1
.4

66.33
71.51
78.22

66.83
71.69
77.87

65.44
69.55
75 72

67 23
72.16
74 21

69 63
75.42
79 85

70 38
76 38
78 26

70 28
76 26
75 03

72 14
77.78
76 73

71.34
76.91
75 85

60.68
60.94
59.16
64.94

65.57
65.83
59.71
65.35

64.21
63 43
58.18
64.08

67.20
66 56
60.03
65.92

67.23
66 91
62.31
67.48

66. 62
66 72
63 33
69 47

65.92
65 76
63.15
68 97

65.00
64 37
64.63
69 31

63.09
62 47
62.51
68.21

60.98
71.94

61.23
72.80

60 29
71.31

62 31
77.97

63 12
81.79

64 71
81 77

64 64
82.80

65 53
84.02

64 15
84.65

T
r

70 31

70.66

72 01

82 21

87 12

84 45

86 31

86 51

89 01

' 85 89

r

74 58

74 40

75 42

76 54

77 56

77 00

77 79

78 58

79 61

r 79 65

r

79 27

79 07

70.45

69.77

67.66

70.58

74.52

75 65

75.90

78.37

76.74

76.80

77.59

' 77. 23

*77.23

69.55
78.75
67.23

69.55
78.81
67.97

67.72
76.36
65.90

70.82
77.70
67.97

73.39
' 79. 85
69.89

75.12
80.70
70.89

73.34
80.94
70.72

75.78
83.52
71.57

72.90
82.99
71.72

74. 21
83.03
71. 28

' 74. 57
84.05
' 71. 80

74.85
r
83. 46
' 71. 69

v 82. 45
v 71. 17

r

r

1
25

1
13

9

6

WAGES
Average weekly earnings (U. S. Department of
Labor) :J
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 glassware, pressed or blown
dollars
Primary metal industries
_
_ _ do
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, and trans, equip.)
dollars..
Heating apparatus (except electrical) and
plumbers' supplies
dollars
Machinery (except electrical)
do
Electrical machinery.
do
Transportation equipment
Automobiles
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries

do
do
do
do
do
do
do

79.93
80.20
80.46
75 44
77.11
70.89
60.05

79.15
79.19
80.28
75.48
78.53
70.97
59.90

75.65
71.44
80.51
74.34
76.11
69.60
58.61

78.18
77.95
79.95
75 36
76.97
70.21
60.64

84.82
88.20
84.15
77 16
76.02
73.43
62.82

86.48
92.23
83.42
75 65
76.80
74.20
63.99

85.48
89.25
84.48
72 95
76.80
74.38
64.26

87.11
90.31
86 04
77 99
81.12
75.76
65.57

85.06
86.94
85.73
76 03
79.37
73. 57
64.17

r

T
r

r

r

71.17
77.15
77. 38
63.96
63.34
62. 67
69.29

66 23
83.21

85.69
' 87. 99
85. 14
76 60
79. 98
73. 39
64. 12
r
p
r
r
r

r

r
r
r

71.93
77.52
77. 46

85. 49
87.99
84. 35
78 98
80.80
73. 57
65.31

r

85. 49
87.57
83.75
80 39
80.80
r
71. 93
' 64. 84

P 62. 12
v 69. 94
?82.00

v 83. 64

J> 71. 23
v 64. 53

'Revised.
» Preliminary.
JSee note marked "$" on p. S-ll.
i Less than 500 claims.
2 See note marked'V.
| Revised series. Beginning 1952, data cover all domestic (land-line) employees except messengers and those compensated entirely on a commission basis; earlier data exclude general and
divisional headquarters personnel and trainees in school.
cfFigures beginning November 1952 include unemployment compensation benefits under the Veterans' Readjustment Assistance Act of 1952 (data compiled by the United States Department
of Labor, Bureau of Employment Security) in addition to the allowances under the Servicemen's Readjustment Act of 1944 (data compiled by the Veterans Administration). The BES data cover
veterans with military service since June 1950 and include those filing for payments to supplement benefits under State programs but exclude veterans filing for payments to supplement benefits
under the railroad unemployment insurance program; the number involved under the latter program is relatively small.




SURVEY OF CURRENT BUSINESS

S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953

1952
May

June

July

August

1953

September

October

November

December

January

February

March

April

May

' 62. 81
' 64. 48
70.62
65.64
51.97
63.29
73.44
' 47. 37
' 53. 70
53.06
48.62

v 63. 20
* 65. 85

v 47. 47

EMPLOYMENT AND POPULATION—Continued
WAGE S—Continued

Average weekly earnings, etc.J— Continued
All manufacturing industries —Continued
Nondurable-goods industries
dollars
Food and kindred products
_
do
]Meat products
do
Dairy products
do
Canning and preserving
do
Bakery products
do
Beverages
do
Tobacco manufactures .
do. _
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars. _
Mien'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 productsdo
Industrial organic chemicals
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather productsdo
Footwear faxcept rubber)
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars. _
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph!
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)
dollars
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers do
Finance, insurance, and real estate:
Banks and trust companies
_ . do
Service and miscellaneous:
Hotels, year-round
do
Laundries
do
Cleaning and dveing plants
do
Average hourly earnings (U. S. Department of
Labor) :J
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 glassware pressed or blown
dollars. _
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
dollars- _
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance,
machinery, transportation equipment)
dollars _.
Heating apparatus (except electrical) and
plumbers' supplies
dollars.
Machinery (except electrical) __
_do
Electrical machinery
do _
Transportation equipment
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...

59.52
62.78
68.54
62.92
48.36
62. 01
71.15
45.60
50.90
49.71
47.36

60.44
63.99
69.80
65.09
50.57
62.60
73.19
46.83
51.84
50.38
47.50

60.68
63.42
69.70
64.80
52.25
62.43
75.16
46.36
51.98
51.05
47.88

61.45
62.51
69.26
63.80
52.80
62.01
72.31
45.47
53.60
52.66
49. 53

62.06
63.03
70.55
65.71
54.40
62.70
71. 62
45.54
54.67
54. 14
50.30

62.06
63.54
71.65
64.23
54.13
62.40
70.18
46.06
55.08
54.81
51. 07

62.56
64.64
75.08
65.25
48.51
62.67
72.51
45.05
55.35
54.68
50.94

63.59
65.68
77.26
65.84
51.65
62.78
71.98
46.26
55.90
55. 35
50.05

62.88
65.35
74.23
67.45
52.72
62.58
70.93
46.59
54.94
54.54
49.02

' 62. 88
64.71
' 70. 00
' 53. 20
' 63. 04
r 71. 51
45.39
54.94
54.27
50.05

63.60
'64.87
' 70. 93
' 65. 66
' 53. 02
63.50
' 72. 14
' 47. 75
54.80
53.73
' 50. 44

45. 74
48.80

45.85
50.96

46.18
49.54

4

8. 60
54.30

49.10
55.42

48. 73
54.51

48.36
53.70

48.86
54.83

48.81
54. 96

' 49. 98
57.30

49.76
59.52

' 48. 23
57.00

40.28
49.76
66.46
71.14

40. 13
49.13
68.00
72.41

39.48
51.85
68.26
74.21

41.04
54.72
69.82
74.12

41.64
54.32
70. 91
75.68

42.51
51.70
71.83
76.47

42.29
51.74
72.27
77.26

41. 47
54.30
72.60
77.43

40.66
54.93
71. 55
77.00

'
'
'
'

42. 35
54. 60
72. 14
77. 44

41.69
51.98
' 72. 24
77. 88

81.27
87.60
80.00
69.53
74.34
75.35
76.76
73.31
84.84
48.86
46.74

81.48
87.36
80.40
70.28
74.56
84.66
87. 67
75.26
87.95
50. 04
47.63

81. 45
86. 64
80.60
70.00
75. 14
88.18
90. 98
72.07
84.38
50.05
47.88

82.08
87.00
80.20
70.35
75.52
87.53
90. 45
73.49
85.46
51. 88
50.42

83.71
89.06
81. 41
71.04
76.92
88.99
91. 94
75.21
86.28
51.21
48.77

83. 07
88.82
81.61
71.38
77.08
87. 94
90.85
75.53
85.88
51.19
47.99

83.07
88. 57
81.20
72.56
78. 06
87.94
91.98
76.86
87.23
50.76
47.19

84.93
91.64
83.64
72.98
78.28
88.10
92.34
79.19
90.42
53.46
51.09

83.21
86.38
82.42
72. 51
77. 33
88.10
91.94
78.09
89.24
53. 06
51.48

r

77.38
' 87. 45
'r 91. 03
78. 30
' 91. 80
'
53. 19
r
51. 61

85.02
' 88. 78
84.04
' 73. 87
79.15
88.10
91.71
' 80. 90
' 94. 69
' 53. 45
' 51. 61

' 84. 97
91.00
83.60
r 74. 52
79.56
' 88. 51
91.66
79.32
91.80
«• 51. 54
49.24

80 81
74.59
70.28

79.29
66.82
64.41

80.41
59.27
63.51

81.22
65.70
80.73

85.76
78.73
87.91

84.61
71.58
75.58

85.26
80.91
86.27

84.83
85.56
91.73

84.71
70.75
87.79

' 84. 08
' 86. 75
' 81. 42

' 83. 69
' 64. 96
' 81. 76

83.50
61.99
79.36

82,01
70.84
85. 31
84.46
85.65

85.49
71.45
87.30
86. 93
87. 30

85.69
70.49
87.81
86.53
88.17

85.86
73.28
89.21
90.31
88.94

89. 21
75.17
91.94
94. 18
91.18

86.48
75. 63
92.66
94.39
92.11

90. 47
73. 14
88. 13
85. 02
88.67

87.72
71.28
90.86
87.02
91. 68

89.40
70.19
88.16
83.93
88. 93

r 88. 29
r 70. 85
' 89. 01
* 89. 78

'
'
'
'

88.51
72. 11
88. 80
83. 66
89. 55

87.91
73.54
88.30
84.41
89.18

75.98
60.76
73.34

76.77
60. 84
72 54
74.57

78.32
62.49
73.02
75.12

78.49
62.01
72.09
74.52

77.74
62.79
74. 55
76.13

77.57
63.80
74.87
76.96

77.81
P.4. 57
73.74
78.77

78.66
63. 63
74.10
78.21

76.01
63.69
73.63
78.40

' 76. 61
' 63. 58
73.46
r
77. 46

' 76. 95
' 63. 20
73.63
78.28

77.43
63.20
73.63
79.10

66.66

67.23

67.80

68.21

68.38

69.19

69.19

69.53

69.08

69.66

' 70. 30

70.53

52. 40
38.66
55. 41
70.67

53.60
39.31
57.08
71.57

54. 00
39.16
57.79
70.82

53. 87
39. 53
57. 53
69.61

53.20
38.12
56. 52
70.51

53.19
37.93
56. 59
71.73

52.65
37.15
56.99
71.26

52. 54
38.48
57. 13
71. 28

53.45
38.85
57.62
71.12

53.70
' 38. 17
' 57. 48
' 71. 55

'
'
'
'

53.96
38.06
57.96
74.42

52.12

51. 96

52. 44

52.48

52.41

53. 07

53. 42

53.56

54.29

' 54. 61

' 54. 54

54.40

' 37. 02
39.19
' 44. 91

36.94
39. 58
45.47

r 67. 61

41. 31
55. 69
71. 81
77. 26

83. 76
r 87. 82
r 82. 19
r 73. 10

r 85. 19

'
'
'
'

53. 57
38. 06
57. 72
73. 22

v 46. 49
v 53. 70

^71.64
p 85. 19
v 75. 17
v 90. 67

» 51.61

„.

36.64
38.92
46.62

36.64
39. 71
47.29

36.89
38.73
44.33

37.06
38. 16
44. 33

36.89
38. 95
46.07

37.31
38. 86
46.51

37.22
38.88
44. 96

37.75
39.55
45.92

37.31
39.36
45.02

' 37. 65
' 38. 88
' 43. 73

1.65
1.74
1.79

1.65
1.74
1.79

1.64
1.73
1.79

1.66
1.76
1.81

1.69
1.80
1,87

1.70
1.81
1.85

1.71
1.82
1.83

1.73
1.83
1.84

1.74
1.84
1.85

1.74
1.85
1.86

1.75
1.85
'1.88

1.75
'1.85
'1.89

"1.75
"1.85
"1.89

1.48
1.49
1.45
1.58

1.55
1.56
1.46
1.59

1.57
1.57
1.44
1.59

1.60
1.60
1.45
1.60

1.62
1.62
1.44
1.63

1.57
1.60
1.49
1.65

1.60
1.60
1.50
1.67

1.57
1.57
1.51
1.67

1.55
1.55
1.51
1.68

1.56
'1.56
'1.51
1.69

'1.57
1.57
1.52
1.70

'1.59
1.58
1.53
1.71

"1.62

1.54
1.84

1.55
1.82

1.57
1.81

1.55
1.93

1.59
1.99

1.59
1.98

1.62
2.00

1.61
2.01

1.62
2.03

1.66
2.01

1.67
2.01

1.70
2.01

1.88

1.92

1.91

2.04

2.13

2.08

2.10

2.11

2.15

'2.10

'2.09

2.08

1.78

1.78

1.80

1.84

1.86

1.86

1.87

1.88

1.90

1.91

1.91

1.91

1.71

1.71

1.70

1.73

1.77

1.78

1.79

1.81

1.81

1.82

1.83

'1.83

"1.83

1.73
1.84
1.66

1.73
1.85
1.67

1.71
1.84
1.66

1.74
1.85
1.67

1.76
1.87
1.68

1.78
1.89
1.70

1.78
1.90
1.70

1.80
1.92
1.70

1.80
1.93
1.72

1.81
1.94
'1.73

'1.81
1.95
'1.73

'1.83
1.95
'1.74

"1.94
"1.74

1.94
2.00
1.88
1.84
1.89
1.70
1.49

1.94
2.01
1.88
1.85
1.92
1.71
1.49

1.92
1.99
1.89
1.84
1.87
1.71
1.48

1.94
2.03
1.89
1.87
1.91
1.72
1.49

2.01
2.11
1.93
1.91
1.91
1.74
1.51

2.03
2.14
1.94
1.92
1.92
1.75
1.52

2.04
2.13
1.96
1.93
1.92
1.75
1.53

2.04
2.13
1.96
1.94
1.95
1.77
1.55

2.03
2.10
1.98
1.92
1.95
1.76
1.55

2.05
'2.11
1.98
'2.00
1.97
'1.76
1.56

2.05
2.11
1.98
2.02
'2.00
'1.76
1.57

2.06
2.11
1.98
2.03
2.02
'1.75
1.57

1.56
1.55
1.73
1.50
1.34
1.51
1.76

1.57
1.56
1.74
1.51
1.37
1.52
1.76

1.58
1.59
1.78
1.54
1.38
1.53
1.76

1.58
1.59
'1.75
1.54
'1.40
1.53
'1.77

1.59
'1.59
'1.76
1.52
'1.41
1.53
1.79

1.59
1.60
1.77
1.53
1.42
1.54
1.80

1.54
Nondurable-goods industries. _
do
1.53
1.54
1.53
1.54
1.54
1.52
Food and kindred products
do
1.52
1.51
1.51
1.49
1.52
Meat products
_do
1.69
1.70
1.68
1.71
1.70
1.71
1.44
1.44
Dairy products
do
1.45
1.43
1.48
1.48
Canning and preserving
do
1.31
1.29
1.32
1.30
1.28
1.33
Bakery products
do
1.49
1.48
1.48
1.48
1.50
1.50
1.72
D
_________U
.»J---1.69
J..U3
J.. I A
J.. Ht
JL. / Q
A. IO
J.. t£
1.72
1.73
Beverages—
do
1.73
1.71
' Revised. v Preliminary.
{See note marked "\" on p. S-ll.
fRevised series. See note "t" on p. S-13



"1.53
"1.71
"2.00

"2.04

"1.75
"1.57
"1.60
"1.61

SUEVEY OF CUREENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-15
1953

1952

May

June

August

July

September

October

November

December

January

February

March

April

May

EMPLOYMENT AND POPULATION—Continued
WAGE S— Continued
Average hourly earnings, etc.t — 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 reftninsr
do
Rubber products
do
Tires and inn or 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 .
Non metallic mining and quarrying
do
Contract construction
do
Non building construction _.
do
Buildim? construction
do
Transportation and public utilities:
Local railways and bus lines. . _ ... do _ _
Telephone
.
do
Telegraph f
do
Gas and electric utilities
do
Wholesale and retail 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 and miscellaneous:
Hotels, year-round
do
Laundries
_
_do
Cleaning and dveing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol per hr
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
do
Road-building wages, common labor. _ . _ do __

1.20
1.35
1.34
1.28

1.21
1.35
1.34
1 26

1.22
1 35
1 34
1 26

1.16
1 35
1.34
1 27

1.13
1 36
1 35
1 28

1.14
1 36
1.35
1 28

1.17
1 37
1 35
1 28

1 18
1 37
1 35
1 28

1 21
1 37
1 35
1 29

1 23
1 37
1 35
1 30

1.26
1 37
1 34
1 30

1.27
1. 37
1. 34
1.30

r> 1.26
v I 37

1.26
1.47

1.27
1.49

1.29
] 47

1.31
1 50

1.32
1 51

1.31
1 51

1.30
1 50

1.31
1 49

1.33
1 51

1.34
1 52

1.32
1 53

' 1.30

v 1.29

1.08
1.39
1.59
1.67

1.07
1 42
1 60
1.68

1
1
1
1

07
49
61
71

1 08
1 52
1 62
1 70

1
1
1
1

09
53
63
72

1 09
1 49
1 64
1.73

1
1
1
1

09
47
65
74

1 08
1 50
1 65
1 74

1
1
1
1

1 09
1 ,53
1 67
1 76

1
1
1
1

2.10
2.40
2 00
1.70
1.84

2.10
2 40
2 00
1 71
1 85

2.11
2 40
2 00
1 79
1 86

2.11
2 41
1 99
1 72
1 86

2.13
2 44
2 01
1 72
1 89

2.13
2 44
2 02
1 72
1 88

2.13
9 44
2 02
1 74
1 89

2.15
2 47
2 05
1 75
1 90

2.15
2 44
9 Q4
1 76
1 90

2.02
2 15
1 81
2 10
1. 31
1 27

2 08
2 17
1 84
2 14
1.31
1 26

2 13
2 ?3
1 8?
2 12
1.30
1 95

2 914
2 5
1 81
2 11
1.31
1 27

2 16
2 27
1 83
2 19
L33
1 °8

2 IS
2 26
1 §9
2 11
1.34
1 29
i.ZJ

215
2 26
1 87
2 17
1.35
1 3Q

2 917
2 8
1 89
2 ^0
1.35
1 30

2 17
2 °7
1 90
2 22
1.35
1 31

1 8?
2.24
2 21

1 87

1 87
2 22

1 85
2 25
2 23

1 Q!
2 25
2 °6

I 91
2 23
9 34

1 96
2 96
2 43

1 95
2 489
2 5

1 07

2 2°
2 ^6

2.02
1 55
2 21
2.05
2 26

2.07
] 56
2 21
2 06
2 25

2.09
1 57

2.16
1 62
2 ^1
2 16

13
63
34
19
38

2.18
1 64
9 35
2 is
2 39

2.15
1 6^
2 36
2 17
2 4Q

9 18

9 3g
r 2 19

9 35

2.
1
9
2
2

2.17
1 64
2 37

2 07
2 29

2.12
1 60
2 27
2 13
2 31

2 41

2 49

1.62
1.57

1
1
1
1

1
1
1
1

1
1
1
1

1
1
1
1

1
1
1
1

69
64
77
85

1
1
1
1

1
1
1
1

1 71
1 65
1 77
1 88

r 1 71

T i 66
1 77
1 88

r 1 65

1 77
1 °0

1 71
1 65
1 77
1 92

1 78

63
56
63
81

9 96

9 94

67
59
63
81

67
59
p,2
80

69
61
75
83

71
66
76
88

71
64
76
88

r

09
53
66
75

10
50
67
76

1. 10
1 44
1.68
1. 77

2.17

2.18

r 2. 19

r 2 46

r 2 48

9 op.
1 77
1 92

T

9 50

2 4§

1.52

2 17
2 27
1 92

2 07
1 78
1 94
2 17
2 27

r 2 95

r 1 Q4
r 2 <?6

T

r

1 . 35

1 . 36

r j -JT[

r j <->'>

r 1 06
r 2 50
r 2 4Q

r

1 9P
2 47

r 2 47

r
2.18
r i 64
r

2.18
1 65
9 40
2 19
2 44
1 71

2. 50
2 09
1 80
1.95
' 2 18

2, 28
I 93
2 l>5
1. 30
1. 32

9

] 67

1 68

1 68

1 70

1 70

1 70

1 71

1 7?

1 74

1 75

1 33
1 07
1 42
1. 56

1 33
1 08
1 41
1.54

1
1
1
1

1
1
1
1

1
1
1
1

35
08
45
58

1 32
1 04
1 45
1 57

1 36
1 11
1 47
1 57

i 37

1 37
1 10
1 48
1 62

1 ?8
1 10
1 40
1. 65

.86
.94

1.11

86
.95
1 11

87
.94
1 10

87
.94
1 10

87
95
1 11

88
95
1 11

88
96
1 11

88
96
1 12

88
96
1 12

89
96
1 n

1 690
2.797

1 706
2 808

1 755
2 849

1 793
2 885

1 803
2 909

1 817
2 921

1 817
2 937

1 817
2 937

1 817
2 942

1.802

1.821

87
1.835
1.41

1 851

1 858

1 853
1 48

1 906

1 873

449
591

478
575

492
539

408
696

l()

1 47
1 59

r
r

r

p 1.38

'tfr

1 66

T 1

v 2. 19

9 4'^

1 33
1 08
1.42
1.58

r
r

p 1.82

2. 16
1 66

1 32
1.08
1.41
1.56

35
09
44
58

v 2.19

1 Q6
2 45
9 48

1 65

34
08
42
56

p 1.67

89
97
1 12

89
97
1 12

1 817
2 946

1 821
2 949

1 824
2 950

89
1 873
1 31

1 902

1 857

85
1.862
1.40

487
504

490
511

468
507

455
464

417
441

386
720

2 253
1,128
1 106
22
365
760

333
794

313
825

129 319
45 749
28 126

153 511
53 898
35 339

145 641
52, 038
32 742

142 173
50 255
32 283

51 493
26, 194
1 309
23 875
21*480
51,493
21 770
20 511
715
25, 681
45.3

50 202
24, 927
485
23 806
21 367
50, 202
20 421
19 322
—285
25, 560
46.5

50 558
25, 546
1 014
23 880
21 383
50, 558
21 055
19 740
r
351
25, 598
45.8

50 389
25, 589
732
24 246
21 356
50, 389
20 976
20 069
v 806
25, 671
45.8

1 824
2 955

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 (345 centers)!
New York City . _.
6 other centers 9

-.
_-

_

do
do
do

Federal Reserve banks, condition, end of month:
Assets, total
- ~_
mil. of dol
Reserve bank credit outstanding, total. _ _ do
Discounts and advances
.do
United States Government securities do. _
Gold certificate reserves
do
Liabilities, total
do
Deposits, total
do
Member-bank reserve balances
do
Excess reserves (estimated) . . _ _ do
Federal Reserve notes in circulation
do
Reserve ratio
percent. _

430
510

416
495

337
860

2,313
1,074
1,046
27
343
896

133, 032
48, 830
27, 974
49, 549
24, 152
952
22, 273
22 103
49, 549
21 412
19, 778
591
24, 567
48.1

450
539

454
550

454
565

350
908

352
896

2 260
1,088
1 062
26
369
803

414
775

433
725

2 221
1 102
1 078
23
421
697

139, 759
53, 385
29, 305

137, 334
50, 472
29, 483

122, 200
42, 778
25 550

136 067
49, 131
28 611

150 486
54, 893
32 322

127 665
44 209
27 064

165 140
63 091
35 179

r 145 988
52 048
31 660

48, 939
23, 551
59
22, 906
22 143
48, 939
20 559
19 381
— 192
24, 826
48.8

50,252
24, 821
1 270
22, 853
22 146
50,252
21 952
20 323
495
24, 843
47.3

50 496
25, 216
1 318
23 146
22 147
50, 496
22 056
20 411
835
25, 119
46.9

50 479
24, 747
477
23 694
22 147
50, 479
21 455
20' 066
319
25, 215
47.5

51 341
25, 855
1 591
23 575
22 140
51, 341
22 273
20 616
620
25, 426
46.4

52 492
26, 740
1 895
23 821
22 145
52, 492
22 583
21 149
795
25, 949
45.6

51 852
25, 825
156
24 697
21 986
51, 852
21 344
19 950
—570
26, 250
46.2

51 948
26, 478
1 735
23 944
21 790
51, 948
22 515
20 611
614
25, 638
45.3

r

r
Revised.
v Preliminary.
J See note marked "t" on page S-ll.
fRevised series. See note "f" on p. S-13 regarding coverage of data for telegraph industry, Bank debits have
been revised to include additional centers and to represent debits to demand deposits.
§Rates as of June 1,1953: Common labor, $1.852; skilled labor, $2.979.
9Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.




SURVEY OF CURRENT BUSINESS

S-16
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953

1952

June

May

July

August

1953

September

October

November

December

January

February

March

April

May

FINANCE—Continued
BANKING—Continued

1

\

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 total
do
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions
_ do _
Interbank (demand and time)
do
Investments total
do
U. S. Government obligations, direct and
guaranteed total
mil of dol
Bills
do
Certificates
_ _ do. _
Bonds and guaranteed obligations
do
Notes
do_Other securities
do
Loans (net), total
do
Commercial, industrial, and agricultural __ do
To brokers and dealers in securities _ do Other loans for purchasing or carrying securities
mil. of dol. .
Real-estate loans
do
Loans of banks
-- do_
Other loans
do
Money and interest rates:cf
Bank rates on business loans:
In 19 citie^
percent
New York City
do
7 other northern and eastern cities
do
11 southern and western cities
do
Discount rate (N. Y. F. R. Bank)___
do
Federal intermediate credit bank loans
do
Federal land bank loans
__
__ do
Open market rates, New York City:
Acceptances, prime, bankers', 90 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. -

52, 863

51, 708

52, 766

52, 275

52,317

53, 586

54, 392

54, 648

54, 799

r

53, 811

51, 802

54, 176

53, 708

53, 152
4,021
2,917
16, 509

52, 818
3,705
6,914
16,631

53, 189
3,698
4,793
16, 651

53, 253
3, 558
3,144
16, 706

53, 835
3,515
3, 561
16, 829

54, 799
3, 561
3,450
16,929

55, 454
3, 559
3,784
16, 974

57, 523
3,746
3,517
17, 262

55, 379
3,845
2, 337
17, 226

' r55, 342
3, 790
r
3, 309
r
17, 622

52, 785
3,828
3, 934
17, 698

54, 608
4,241
1,426
17, 792

54, 185
4,041
1, 356
17,917

15, 554
780
10, 895
38, 983

15, 689
763
11,990
41,019

15, 687
779
11,274
40,800

15, 751
765
11,965
39, 503

15, 883
756
12, 261
39, 093

16,002
738
12,175
39, 747

16, 027
751
12, 492
40, 215

16, 303
758
13, 612
39, 812

16, 261
765
11, 985
39, 054

•16,r 641
783
* 11, 863
' 38, 936

16, 726
777
11, 983
37, 180

16, 799
803
11,382
36, 864

16, 901
829
11, 734
36, 542

31,719
3,544
3,728
18, 524
5,923
7,264
34, 863
20, 530
1,885

33, 582
3,734
3,885
20, 016
5, 947
7,437
36, 472
20, 567
2,792

33, 267
3,313
3,700
20, 288
5, 966
7,533
35,315
20, 581
1,988

31,932
2,582
3,211
20, 149
5,990
7,571
35, 685
21,017
1,461

31, 579
2,513
2,617
20, 121
6,328
7,514
36, 680
21, 671
1,416

32, 361
3,610
2,433
20, 057
6,261
7,386
37, 238
22, 274
1,437

32, 947
4,460
2,445
19, 974
6, 068
7,268
38, 051
22, 949
1,606

32, 502
4,087
2,422
20, 004
5,989
7,310
38, 692
23, 206
1,995

31, 687
3,644
2,413
19, 709
5,921
7, 367
38, 287
22, 837
1,536

r

29, 547
1,701
'2,115
19, 881
' 5, 850
7, 633
39. 647
23, 269
1, 561

29 249
1,583
2, 038
19 857
5,771
7 615
39, 437
23, 133
1, 540

29 144
2 043
1,850
19 599
5 652
7 398
39 439
22, 690
1 547

659
5,690
463
6,187

789
5,726
759
6,393

717
5,764
386
6,436

792
5,824
614
6,537

767
5,890
826
6,670

742
5, 945
618
6,784

725
5,992
431
6,918

797
6,005
149
7,127

790
6,031
478
7,208

r
795
6, 147
r
708
7, 405

808
6,176
777
7, 665

789
6 214
611
7 760

779
6 257
930
7 847

1.75
2.73
4.17

3.51
3.27
3.46
3.90
1.75
2.73
4.17

1.75
2.72
4.17

1.75
2.71
4.17

3.49
3.29
3.44
3.84
1.75
2.71
4.17

1.75
2.71
4.17

1.75
2.71
4.17

3.51
3.33
3.49
3.84
1.75
2.71
4.17

2.00
2.71
4.17

2.00
2.71
4.17

3.54
3.31
3.50
3.90
2.00
2.72
4.17

2 00
2.72
4 17

2 00
2.72
4 17

1.75
2.31
2.38
2.56

1.75
2.31
2.38
2.56

1.75
2.31
2.38
2.56

1.75
2.31
2.57
2.61

1.75
2.31
2.63
2.63

1.75
2.31
2.63
2.63

1.75
2.31
2.63
2.63

1.75
2.31
2.63
2.63

1.82
2.31
2.63
2.63

1.88
2.31
2.63
2.63

1.88
2.36
2.63
2.63

1.88
2 44
2.90
'2.80

1.88
2 68
3.22
3. 10

1.710
1.95

1.700
2.04

1.824
2.14

1.876
2.29

1.786
2.28

1.783
2.26

1.862
2.25

2.126
2.30

2.042
2.39

2.018
2 42

2.082
2.46

2 177
2 61

2 200
2 86

12,531
2,633

12, 678
2,618

12, 730
2,601

12, 786
2, 586

12, 896
2,572

12, 943
2,562

13, 046
2,555

13, 257
2,548

13, 359
2,537

13, 421
2,524

13, 550
2,510

13,626
P 2 496

13, 702
p 2 478

21, 705
15, 308
6, 539
4,169
1,138
3, 462

22, 446
16, 032
6, 974
4,324
1,178
3, 556

22, 751
16,465
7,200
4, 433
1,221
3,611

23, 030
16, 728
7 272
4, 539
1,258
3, 659

23,414
17,047
7,388
4,669
1,300
3,690

24, 050
17, 572
7. 639
4, 871
1,347
3,715

24, 525
17, 927
7,866
4. 943
1, 376
3,742

25, 705
18, 639
8, 110
5,301
1, 386
3,842

25, 508
18, 785
8,273
5,256
1,378
3,878

25, 262
18, 860
8,470
5,131
1,377
3,882

25, 676
19, 267
8,778
5, 154
1,383
3, 952

* 26, 172
v 19, 656
p 9, 074
P 5, 185
* 1,401
v 3, 996

p 26, 716
p 20, 085
p 9, 380
p 5, 235
p 1, 428
p 4, 042

12, 679
6,144
3, 853
688
1,994

13, 324
6,458
4,111
717
2, 038

13, 725
6, 654
4,263
738
2,070

13, 950
6,807
4,294
759
2,090

14, 203
6,967
4,362
773
2,101

14, 614
7,189
4, 523
789
2,113

14, 955
7, 352
4, 670
798
2, 135

15, 423
7, 576
4,833
815
2, 199

15, 665
7,696
4,930
818
2,221

15,876
7 808
5,031
828
2,209

16,318
8,047
5,174
856
2,241

p 16, 714
T 8, 253
v 5, 312
P880
P 2, 269

P 17, 119
p 8, 441
p 5, 480
p 902
P2,296

2,629
902
726
262
739

2, 708
927
750
282
749

2,740
932
766
292
750

2,778
951
782
295
750

2,844
990
796
301
757

2,958
1,042
821
313
782

2,972
1,019
839
324
790

3,216
1,101
900
336
879

3,120
1,068
865
343
844

2 984
960
855
352
817

2,949
931
844
364
810

p2,942
P916
"839
P376
P811

P 2, 966
p921
P842
p390
P813

fi, 397
2, 055
2,659
1,683

6,414
2,054
2, 661
1,699

6, 286
2,023
2. 573
1,690

6,302
2,026
2,579
1,697

6,367
2, 033
2, 642
1,692

6,478
2, 033
2,776
1,669

6,598
2.109
2, 826
1,663

7,066
2, 108
3,313
1,645

6,723
2,129
2, 956
1,638

6,402
2, 079
2,662
1,661

6,409
2.142
2,602
1, 665

P
P
P
P

6, 516
2, 147
2, 677
1, 692

p 6, 631
p 2, 162
p 2, 758
p 1,711

2, 055
1,777
2, 659
1,683

2,054
1,798
2,661
1,699

2,023
1,792
2, 573
1, 690

2,026
1,792
2. 579
1,697

2,033
1,793
2, 642
1,692

2,033
1,801
2,776
1,669

2,109
1,821
2, 826
1, 663

2,108
1,852
3,313
1,645

2.129
1,858
2,956
1, 638

2.079
1,839
2,662
1,661

2,142
1,882
2,602
1,665

P2, 147
p 1,878
P 2, 677
P 1,692

p 2, 162
p 1, 851
p 2, 758
P 1,711

4,688
3,809
45
3,663
828
152

10,220
9,796
45
9,147
845
183

3,649
3, 316
48
2,464
949
188

4,585
4,050
47
3, 546
8G2
130

6,875
6,585
52
5,834
877
112

3,355
3,099
65
2,227
923
139

4,731
4,151
44
3,624
888
175

6,350
6,003
51
5,024
939
336

5,232
5,061
51
4, 130
842
209

6,300
5,479
43
5,294
856
107

11,870
10, 502
56
10, 719
993
102

4,044
2,849
54
3,021
880
90

5, 140
4,380
51
3,998
922
169

7,124
6,742
6,383
5,161
5,737
5,018
5,659
5,595
6,070
6,930
6,187
Expenditures, total
_
do
572
185
1,146
235
1,518
320
183
172
311
559
563
Interest on public debt
do
354
386
354
365
362
362
363
401
349
364
353
Veterans Administration J
do
3,884
3, 723
3,302
4,081
3,632
3,683
3,789
4,008
2,971
3, 788
3,501
National defense and related activities} do. _ _
1,725
1,319
1, 516 i
2,137
1,502
1,365
1,511
1,150
1, 434
1,471
1,337
All other exDenditures t .
. __ _ _ _ do __
'Revised.
p Preliminary.
1 Beginning January 1,1953, includes 2l/$ percent bond of March 15, 1956-58, and 1% percent bond of June 15, 1958.
cfFor bond yields see p. S-19.
t Revised series. For data prior to March 1952 and details regarding the revision, see the April 1953 Federal Reserve Bulletin.
{Revisions for July 1950-January 1952 will be shown later.

6,362
372
351
3,891
1,749

6,241
179
350
3,746
1,966

1

31, 478
r 3, 156
r

2, 271
>• r20, 123
5, 928
T
7, 458
r
38, 775
* 22, 869
r
1, 459
r
r

CONSUMER CREDITf
Total short- and intermediate-term consumer credit,
end of month
mil. of dol
Instalment credit total
do
Automobile paper
_
_do__
Other consumer- goods paper
do
Repair
and modernization loans
do
Personal loans
do
By type of holder:
Financial institutions, total
_ __ do _.
Commercial banks
do
Sales-finance companies
do
Credit unions
__
__ do_
Other
do Retail outlets totil
Department stores
Furniture stores
Automobile dealers
Other
Noninstalment credit total
Sinsle-pavrnent loans
Charge '-iccounts
Service credit
By type of holder:
Financial institutions
Commercial banks
Retail outlets
Service credit

-

do
-do
do
do
do
do
do __
do _
do

_ _ do__
__ __ _ _do__ do
-- -- do

FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts, net
Customs
Income and employment taxes
Miscellaneous internal revenue
All other receipts




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

SURVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-17
1953

1952

May

July

June

August

September

October

November

December

January

267, 432
265 345
226 557
38^ 788
2 087

267, 391
265 293
226 143
39,' 150
2 098

267, 402
265 323
226 226
39, 097
2 079

February

March

April

May

267, 584
265 489
226 187
39, 302
2 094

264, 485
262 380
293 025
39, 354
2 105

264, 590
262 550
223 077
39, 474
2 040

266,
264
224
39,
2

FINANCE—Continued
FEDERAL GOVERNMENT FINANCE— Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of doL_ 259, 905
257, 739
Interest-bearing, total
_
do
220, 540
Public issues
do
37, 198
Special issues
do
Non interest bearing _
__ _ _
.do ..
2,167
Obligations guaranteed by U. S. Government,
end of month
mil. of dol_45
U. S. Savings bonds:
57, 739
Amount outstanding, end of month
do
292
Sales, series E through K
do
422
Redemptions
do
Government corporations and credit agencies:
Assets, except interagency, total
mil. of dol _
Loans receivable, total (less reserves)
do
To aid agriculture- _ -_.
do
To aid home owners..
do__ _
To aid railroads
_.
_
do
To aid other industries
do
To aid banks
_
_
_ . do __
To aid other financial institutions
do
Foreign loans. .
_ __do
All other
do
Commodities, supplies, and materials
do __
U. S. Government securities
do
Other securities ... .
do_ _.
Land, structures, and equipment _
do
All other assets __. _ _
_ _ ____do__
Liabilities, except interagency, total
Bonds, notes, and debentures:
Guaranteed by the United States _
Other
Other liabilities
Privately owned interest _
U.S. Government interest

259, 105
256, 863
219, 124
37, 739
2,242

263, 073
260, 908
222, 963
37, 945
2,165

263, 186
261, 060
222 753
38, 307
2,125

262. 682
260 577
222 216
38, 360
2,105

264, 919
262 820
224 430
38, 390
2,099

46

34

39

40

45

51

54

48

50

51

52

52

57, 807
364
431

57, 827
367
467

57, 868
356
399

57, 871
330
416

57, 903
347
398

57, 958
303
346

58, 046
375
422

58, 237
504
435

58, 368
414

58, 468
440
430

58, 509
382
426

58,014
371
570

27, 933
15, 913
4, 058
2,387

28, 922
16, 890
4 563
2, 437

29 945
17, 826
5 070
2 603

84
480
(i)
716

85
464
(i)
653
2

7, 61 7

OCQ

30 5G4
18, 089
5 671
2 777

82
516
(i)
8P4

7,826

(i)

79
596
611

1,350
2 304
3, 438
3 186
1,683

1,377
2, 371
3, 436
3 212
1 636

7 736
1 095
1 280
2 4?i
3 429
3 213
1 775

do

2, 472

2,774

3 111

do
do
do

44

39

53

48

1 228
1,200

1 301
1,434

1 330
1 728

1 107
2 069

do
__ do __.

357

367

378

401

25, 104

25, 780

26 456

26 938

Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
totaled - - - - mil. of dol
Industrial and commercial enterprises, including
national defensecf
mil of dol
Financial institutions
do
Railroads _ _ _
_ _ ..
do
States, territories, and political subdivision s_do
Republic of the Philippines. _ _
do
Mortgages purchased
do
Other loans _ _
_
do

520
445
735
710
075

933

801

7 713

872
1
2
3
3
1

259
645
427
240
904

3 224

778

754

751

753

769

787

790

793

786

786

795

790

797

420
68
95

425
55
83

424
54
82

427
53
82

444
53
82

458
51
82

464
50
80

479
47
80

489

22
54

22
54

22
54

475
46
77

16
54

22
51

479
46
77

482
46
77

16
54

469
47
80

22
51

25
51

25
51

71
47

70
47

70
47

69
46

74 295
66 598

74 686
67 035

75 063
67 330

65, 362
40, 778
10 791
8 711
11 C59
3 403
14 925

65, 686
41,011
10 816
8 734
ll' 70S
3 41 2
15' 075

65, 997
41, 123
10 692
8 726
11 760
3 412
1 5 259

750

711

759

18 038
1, 541
16, 496
2 329
1 669
1 797

18 18?
1, 564
16, 618
2 34\
1 687
1 755

18 306
1*584
16, 722
2 351
1 694
1 763

3 337

3 235

3 072

2 Q75

2 000

16
57

76
46

16
54

16
54

•73
47

7->
47

22
51

75
46

74
47

70 334
63 083

70, 774
63, 590

71 123
63, 855

71 578
64 205

72 034
64 665

72 415
65 010

73 034
65 345

73 621
65 Q48

70 040

61, 857
38, 780
11,096
8 989
11 066
3 238
13 380

62, 201
39, 079
11, 134
9,007
11, 109
3 251
13, 585

62, 495
39, 184
11,131
9,025
11 *184
3 253
13 615

62, 808
39,310
11 127
9 044
11 212
3 281
13' 6^0

63, 159
39, 565
10, 924
8 887
11 346
3 301
13 994

63, 479
39, 757
10 967
8 935
11 362
3 314
14 115

64, 092
39, 915
10 867
8 837
11 409
3 336
14' 304

64, 797
40, 473
10 9*4
8 926
11 552
3 397
14 541

65, 084
40, 630
10 983

16, 976
1. 454
15, 521
2, 254
1,510
1,634

872

16 852
1,439
15, 413
2 246
1 498
1 633

17, 082
1,463
15,619
2,262
1 520
1 688

827

17 188
1,471
15,717
2 270
1 526
1 694

17 311
1,481
15, 830
2 276
1 540
1 664

17 411
1,490
15, 921
2 280
1 550
1 714

17 583
1, 503
16, 080
2 284
1 655
1 784

17 774
1, 512
16,262
2 310
1 658
1 756

2 589

2,442

2 319

2 504
' 440

2 661
?
346

2 516
'373

3 319

950
421

2 350
' 252

2 617

474

1 594

1 816
' 122

1 669

1 948

1 666
' 124

1 702

424
358
137
177

117
412
371
140
193

63
151

67
156

74
47

73
47

72
47

71
46

46
77

LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), esti69, 959
mated totalt
mil of dol
62, 789
Securities and mortsraeest
do
49 companies (Life Insurance Association of
America), total
mil. of doL. r* 61, 874
38, 928
Bonds and stocks, book value, total
do
Govt. (domestic and foreign), total _ do _ _ r r11,318
9, 184
U. S. Government do
r
11, 138
Public utility
do
r
3,
233
Railroad
do
r
13, 239
Other
do
r
784
Cash
do
r
16, 778
Mortgage loans, total
do
1,423
Farm
do
r
15,355
Other
do
r
2, 257
Policv loans and premium notes
do
r
1,484
Real-estate holdings
do
T
1, 644
Other admitted assets
do
Life Insurance Agency Management Association:
Insurance written (new paid -for insurance):
Value, estimated total§
mil. of dol
Group and wholesale§ ._. ._
do __
Industrial!.- _.
do
Ordinary, total
do
New England
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

2,803

582
537

1,684

111
388
349
147
205
67
161

64
191

847

442
464

1 683

113
382
355
148
203
69
161

60
192

750

351
420

1,671

115
377
358
148
198
67
156

62
189

758

312
442

1 565

99
334
336
141
190

64
154

61
187

820

470

104
347
340
140
199
67
156

59
182

803

499

767

411
384
160
219

113
398
356
136
199

77
162

71
150

68
212

61
184

124
426
429
172
230
84
174

78
230

432

50
182

f!G

0(?Q

1, 524
16, 370

402
513

56
191

619
560
2 158

639
521

141
519
460
174
245

137
487
444
171
241

91
200

91
1°1

78
250

75
237

487
585
131
483
427
165
237
82
178

73
226

nstitute of Life Insurance:
Payments to policyholders and beneficiaries,
estimated total
thous. of dol__ 336, 714
339, 822
338, 501
318, 461
322, 636
339, 557
304, 060
417, 402
343, 743
399, 041
410, 421
365, 145
355, 232
Death claim payments _ _
do
150 656
148 980
154 506
1 A4 114
1 ^8 988
145 944
154 860
146 410
141 626
168 314
169 068
158 593
182 781
97 -j«g
Matured endowments__ do
37, 479
35, 126
33, 809
31 584
39 111
34 400
4°' 909
32 337
40 498
37 059
4o' 384
36 314
o' 004
Disability payments, _.do
8 367
8 651
8 845
8 229
8 253
9 220
9 244
7 874
8 362
9 851
9 47Q
8' 8F\7
Annuity payments §
do
42' 973
29, 175
31, 177
31 200
29 886
31 605
28 532
28 595
28 870
32 946
35* 193
35 339
35 049
ry'
,10 c
cq
no
A
r,o' oo«
Surrender values §
do
55 895
52 947
4Q Oftfl
50 453
47 978
52 916
45 127
48 768
53 198
53 °17
Policy dividends...
do
51 845
48 R01
117 978
81 092
fil O7 ^
p.e 1 1 «
54. 840
p;7 7«2
55. 142
65. 435
57. 194
F>fi 972
78 QfU
r
Revised.
i Less than $500,000. 2 Beginning June 30, 1952, outstanding loans of the Mutual Security Agency are included
concludes loans under the Defense Production Act of 1950.
{Revisions for January-July 1950 are shown in corresponding note in the October 1951 SURVEY. Other revisions are as follows: (mil. dol.) Total assets. December 1950, 63,688; securities and
mortgages—December 1950, 57,244; 1951—January, 57,609; October, 60,332; November, 60,498; December, 60,912.
§Revisions beginning 1946 for insurance written and for 1949 and 1950 for annuity payments and surrender values will be shown later.




SURVEY OF CURRENT BUSINESS

S-18

July 1953

1952

Unless otlier^wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

May

June

July

August

1953

September

October

November

December

January

Fe
U
a^y "

March

April

May

FINANCE— Continued
LIFE INSURANCE—Continued
Life Insurance Association of America:
Premium income (39 cos.), total. _ -thous. of dol_.
Accident and health
do
Annuities
do__ .
Group
do
Industrial
do
Ordinary
_ _
do

574, 046
65, 612
65, 349
46, 683

85, 525
310, 877

608, 373
61, 000
70, 838
46, 791
88, 711
341, 033

539, 924
62, 594
85, 732
52, 221
56, 801
282, 576

551, 521
65, 472
66, 852
43, 687
79, 894
295, 616

)4, 231
>6, 402
)9, 008
7,491
15, 313
6,017

555, 400
67, 052
76, 979
47, 442
71, 553
292, 374

682, 325
77, 514
94, 784
58, 168
84, 593
367, 266

637, 446
91 221
87, 337
60 022
68, 094
330, 772

23, 346
19, 266

23, 350
-31, 394
1,580
26, 047
67, 421
39, 886
13, 062

23, 344
-32, 620
2,861

.3, 342
3,776
1,244
4,590
)6, 394
9,411
3,408
6,212

23, 186
22, 662
23,337
22, 563
22, 986
23, 339
-92, 430 -29, 004 -263, 189 -171,747 -324. 127 -106,511
5,587
1,580
4,262
2,988
3,813
3,867
1.872
13, 697
86, 465
1,827
1,653
7,746
64, 941
66, 680
70, 602
38, 958
39, 307
36, 953
38,978
39, 255
40, 114
13, 697
12, 351
14,122
13, 043
13, 600
13, 273
5, 883
4,340
6,769
4,485
5,241
6,031

22, 562
-16,814
2, 704
9, 685

22, 536
-48, 857
1,835
1,963

12, 941
5,227

6,118

236

216

230
5,364
.853

554, 748
70, 958
67, 806
46, 061
68, 809
301,114

847, 255
89, 441
173, 680
66, 567
107,251
410,316

606, 446
79, 568
100, 351
70, 794
71, 220
284, 513

615, 102
66, 738
81, 624
48, 531
75, 359
342, 850

MONETARY STATISTICS
Gold and silver:
Gold:
23, 296
Monetary stock, U S
mil of dol
27, 084
Net release from earmark§
thous. of dol_.
2,824
Exports
__
._ -_ _ _
do
30, 060
Imports
do
66, 202
Production, reported monthly total - -do
40, 033
Africa
do
12, 806
Canada
do
5,147
United States
do
Silver:
1, 535
Exports
do
4,680
Imports
do
.854
Price at New York
._
dol. per fine oz .
Production:
2,273
Canada
thous. of fine oz._
3,199
Mexico
do
3,273
United States _ _
do
Money supply:
28, 767
Currency in circulation
mil. of dol
192, 900
Deposits and currency, total
do
2,300
Foreign banks deposits, net
-do
6,300
U S Government balances
do
184, 400
Deposits (adjusted) and currency, total.— do
95, 300
Demand deposits, adjusted
do
63, 000
Time deposits
___
_do__ _
26, 000
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate: f
32.8
New York City
ratio of debits to deposits
22.8
Six other centers 9
do

3,445

40, 051
63, 237
38, 739
12, 569
5,461
215

5,038
.828
1,882

6,403
5,733
.829

1,809

5,947

65, 768
39, 673
13, 028

6,498

4,877

.833

2,220

382
4,499
.833

411
7,778
.833

258
5,009
.833

270
4, 578
.833

1,318
10, 905
.845

506
7,272
.853

144
11,987
.853

883
6, 285
.853

1,787
3,107
3,235

1,854
9,525
3,682

2,428
3,877
2,998

2, 521
3, 863
3,093

2, 460
3,870
3,362

r 2, 255
4,054
3,112

r 2, 443
4,394
3, 175

3,066

29, 644
199, 900
2, 500
7,200
190, 200
98, 600
64, 900
26. 700

30, 236
202, 700
2,500
8,600
191, 600
99, 400
64, 800
27, 400

36.4
25.0

34.1
24.1

3,976
3,292

3,858
3,307

2,921

29, 026
194, 960
2,319

28, 978
197, 200

29,293

184, 904
94, 754
63, 676
26, 474

185, 800
95, 700
63, 800
26, 200

186, 200
95, 800
26, 300

29, 419
37, 900
2, 500
8,100
57, 400
)6, 400
>4, 500
26, 600

37.4
24.9

34.4
24.0

29.6
20.8

35.4
24.3

7,737

2,600
8,900

2,272
197, 000
2, 600

8,200

64,100

3,018

2,823

30, 433
29, 793
29, 754
29, 691
29, 843
204, 220 P 202, 100 P 201, 000 P 200, 600 P199, 100
2,501
v 2, 300
P 2, 500
P 2, 400 P 2. 400
6,918
p 7, 100
P 7, 100
P 6, 200
P 4, 600
194, 801 P 193, 300 p 191, 600 P 191, 000 P 192, 200
101, 508 p 100, 500 v 98, 300 P 97, 400 P 98, 000
65, 799 P 66, 100 p 66, 400 P 66, 800 P 67, 200
27, 494 P 26, 800 P 26, 900 P 26, 900 p 27, 000

29, 943
P199, 100
P 2, 400
p 4, 600
pl92, 100
p 97, 500
P 67, 600
P 27, 000

41.8
26.9

34.3
23.9

35.1
24.4

37.1
28.3

35.4
26.0

35.6
25.5

PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve)
:t
Profits after taxes total (200 corps ) m1'! of dol
Durable goods total (106 corps )
do
Primary rnetals and products (39 corps ) do
Automobiles and eouipment (15 corps ) do
Nondurable goods total (94 corps )
do
Ph

'

1

rl'll' d

(\

L

t f96

Petroleum refining (14 corns )

r> *) V

do

Dividends total (200 corps )
do
Durable goods (106 corp^ )
do
Nondurable good'? (94 corps )
do
Electric utilities, profits after taxes (Fed. Res.)t
mil of dol
Railways and telephone cos. (see p. S-23).

624
338
29
80
191
287
42
105
111

678
370
99
90
143
308
48
108
115

r
r
r

928
581
218
128
191
347
45
128
133

857
527
188
101
197
330
41
120
127

476
270
206

475
270
205

r

549
305
244

486
276
210

214

207

244

288

r

SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
mil. of dol._
New capital, totaL-_ _ _ _ _
_ __do Domestic, total
_ do _.
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 ._.

i 1, 584
i 1, 278
1,109
677
56
376
119
306
306
151
144
11

1,409
1,251
1,239
587
38
615
11
159
155
4
141
11

1,519
1,393
1,381
1,137
20
224
12
126
126
50
74
2

810
461
461
202
56
203
0
349
349
153
188
7

962
808
800
363
0
437
9
154
154
72
79
2

1
1, 381
i 1, 225
1, 157
852
0
305
8
158
158
82
72
4

873
629
601
292
130
179
28
311
311
90
172
49

1,520
1, 197
1,197
758
46
394
0
323
323
44
269
9

r

1,185
1, 016
949
560
3
386
67
169
151
16
130
5

1,114
1, 005
1,002
624
13
365
4
109
109
25
81
2

Securities and Exchange Commission :|
2,436
2,527
6,436
1,168
1,331
1,592
Estimated gross proceeds, total
do
2,047
2,079
1,783
1,108
1,604
1,639
4,619
By type of security:
2,276
6,245
2,240
1,089
1,248
1,870
1,902
1,422
Bonds and notes, total
do
1,615
1,038
1,425
1,476
4,369
898
635
1,113
342
372
980
731
536
Corporate.- _ __
do . _ _
314
497
517
488
665
166
112
158
49
46
Common stock
do
170
116
123
119
49
116
167
126
85
84
33
29
Preferred stock
do
37
6
58
51
47
20
62
82
37
By type of issuer:
1,304
1,149
831
421
455
1,157
Corporate, total
do
384
908
664
706
696
828
738
642
274
360
130
186
Manufacturing
do
655
332
286
167
151
205
165
352
244
352
240
109
168
Public utility
do
351
44
219
261
249
216
396
215
52
120
46
95
12
Railroad
do
15
66
50
27
40
32
25
15
26
21
Communication
do .__
30
496
17
27
34
4
7
49
15
7
12
45
74
73
12
Real estate and
financial
do
27
141
62
56
48
144
57
55
161
1,378
1,605
5,132
Noncorporate, total. .. _
_. do
876
747
890
724
1,171
1,119
886
908
3,881
811
928
4,898
978
544
444
U. S. Government
do
531
494
547
611
480
3,244
503
491
396
State and municipal
do
624
226
428
201
294
389
392
219
390
405
635
320
r
Revised.
v Preliminary.
1
Includes International Bank securities not shown separately.
§Or increase in earmarked gold (—).
fRevised series. Data reflect change in number of reporting banks and centers; figures prior to May 1952 will be shown later.
9 Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
tRevisions for 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 and January-March 1952 for SEC data will be shown later.




SUEVEY OF CUEEENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-19
1953

1952

May

June

July

August

September

October

November

December

January

February

April

March

May

FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commissionf— Continued
New corporate security issues:
Estimated net proceeds, total
mil. of doL_
Proposed uses of proceeds:
New money total
- do
Plant and equipment
- -- - do _
Working capital
_ _ _ _ _ _ _ _ do _
Eetirement of debt and stock, total- -do
Funded debt
-__
do_-_
Other debt
do
Preferred stock
do ___
Other purposes
do
Proposed uses by major groups:
Manufacturing total
do _
New money
- do
Retirement of debt and stock
do
Public utility total
do
New money
do
Retirement of debt and stock _
do
Railroad total
. _ _ _ _ _ _ _ _ _ do __
New money
- - -do
Retirement of debt and stock.-, do
Communication, total
do
New money
do
Retirement of debt and stock _ _ _ d o
Real estate and financial, total ___ do __
New money
do
Retirement of debt and stock
__do
State and municipal issues (Bond Buyer) :
Long-term
thous. of dol__
Short-term
do

1,129

818

1,285

413

447

1,140

378

897

655

694

684

815

721

947
769
178
179
138
40
2
3

735
556
180
79
47
30
2
4

1,218
1,040
178
57
40
10
8
10

276
210
66
127
117
5
6
9

367
278
89
68
46
11
10
12

893
635
259
237
86
148
3
11

293
221
72
51
32
13
5
34

780
661
120
74
45
28
1
43

603
495
108
46
19
25
2
6

635
381
255
51
27
23
1
8

630
438
192
37
10
24
3
17

745
505
240
51
14
30
7
19

610
499
111
77
26
50
(i)
35

631
568
62
238
216
22
119
41
78
26
24
1
45
33
10

271
252
17
345
326
19
51
16
35
29
28
1
72
64
6

354
327
24
233
231
3
46
46
0
493
493
C1)
72
42
27

127
85
35
107
103
4
94
10
85
21
21
C1)
12
10
1

183
120
57
165
163
0
12
12
0
16
16
C1)
27
17
8

645
502
134
347
257
90
15
13
1
27
26
1
61
52
8

164
120
25
43
43
(i)
27
15
12
48
45
3
56
37
10

327
260
35
216
205
11
65
42
23
34
31
3
56
54
1

283
263
18
245
239
6
39
26
14
4
4
0
47
44
1

148
132
13
257
254
3
49
31
18
7
7
0
140
138
0

203
178
24
212
205
7
32
32
0
15
15

142
129
1

347
318
27
210
188
17
24
24
0
12
12
0
161
151
1

162
120
32
387
3-45
21
15
15
0
7
7
0
54
51

406, 484
232, 726

637, 232
120, 022

245, 344
266, 630

211, 533
232, 288

473, 750
96, 518

309, 105
161, 739

229, 897
24, 376

403, 043
292, 085

391,872
294, 085

362, 629
110, 843

433, 142
333 219

' 348, 859
r
144, 986

634, 503
156, 277

198
286

229
378

233
461

233
349

210
250

257
229

226
265

288
291

230
254

262
304

198
252

185
' 259

183
281

1,312
725
847

365
1,327
708
912

1,387
692
1, 126

1,338
675
926

1,333
692
891

1, 316
692
860

1,347
706
878

343
1, 362
724
920

1 345
732
r
908

1, 350
730
871

1 513
744
966

1,594
738
1,068

1 675
671
1,193

98. 05
98. 50
75.32

98.19
98. 62
75.97

97. 81
98 25
75.84

97.66
98 09
75.50

97. 15
97. 56
75.81

96. 57
96 99
74. 95

95. 46
95 84
75.27

94. 42
94 79
74.88

114.7
125.0
96.44

115.2
125,4
96. 96

115. 3
125.3
96.32

114.5
124.0
95.68

114.0
122.8
95. 28

113.4
121. 6
94. 31

111.7
121. 5
93.25

109.8
119.4
91.59

76, 955
85, 250

73, 183
83, 953

94, 402
105, 805

75, 146
85, 722

70, 039
76, 831

76, 726
90 067

71,709
88, 12$

61, 993
72 496

74, 892
82, 455

71,599
81, 988

92, 009
102, 843

73, 014
82, 187

68, 483
74, 823

74 547
85, 245

69, 691
83,115

60, 227
69, 753

69, 082
25
69, 057
61 194
7, 777

78, 042
26
78,016
71, 608
6,341

86, 042
45
85, 997
79 101
6,819

80, 397
()
80, 397
73 417
6,912

60, 288
0
60, 288
52 940
7.324

74. 757
1
74, 756
65 013
9,650

76, 97G
0
76, 976
64 778
12, 002

62, 085
34
62, 051
54 611
7, 372

100, 349
98, 494
1. 430
102, 341
99. 993
1,898

100, 551
98, 621
1,440
102, 405
99, 999
1,896

100, 256
98, 276
1, 492
102, 502
100, 025
1,967

100, 116
98, 200
1,428
102, 510
100, 109
1,891

100, 117
98, 211
1,432
103, 055
100, 666
1,890

99, 535
97, ('38
1, 425
103,066
100, 665
1,901

93, 562
96, 662
1,429
103 951
100, 853
1, 809

98, 985
97, 094
1,421
104 831
102, 432
1,898

3.22

3.20

3.19

3.22

3.26

3.31

3.40

3.53

3.01
3.08
3.24
3.54

2.98
3.06
3.24
3.53

2.97
3.05
3.22
3.51

3.02
3.09
3.25
3.51

3.07
3 14
3.30
3.53

3.12
3. 18
3.36
3.57

3.23
3 29
3 44
3 65

3.34
3 41
3 58
3.78

3.05
3.22
3.39

3.05
3.19
3.37

3 04
3.19
3.34

3 07
3.23
3.36

3 11
3 29
3.39

3. 16
3.33
3.43

3 27
3 44
3 51

3 39
3 57
3.63

2.38
2.42
2.74

2.37
2.40
2.71

2 38
2.40
2.75

2 46
2.47
2.80

2 63
2.54
2.83

2 65
2.61
2.89

2 68
2.63
9. 97

2 81
2.73
3.09

o

CO

COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat

mil. of bu__
do

SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)

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.),
98. 61
98. 43
98.82
98.14
97.46
total§
-dollars 99. 10
99. 31
98.88
97. 87
98. 57
Domestic
do
73.69
73.70
75.52
76.11
76.12
Foreign
__
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-fissuos):
116.3
116.1
116. 0
115. 8
115.7
Composite (17'bonds)
dol. per $100 bond._
130.9
131.9
130. 4
128.6
126.6
Domestic municipal (15 bonds)
__
do_
98. 91
98.32
98. 40
97.09
96.86
TJ S Treasury bonds taxable
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
61,104
51, 585
52, 964
100, 325
56, 237
Market value
thous. of dol 72, 093
62, 057
5S, 329
61, 325
101, 867
Face value
do
New York Stock Exchange:
51,425
59, 032
50, 210
98, 416
54,113
Market value
do
69, 663
59, 961
56, 686
99, 742
58, 855
Face value
-- do_ _ _
New York Stock Exchange, exclusive of stopped
59, 323
62, 055
62, 242
59, 136
61, 127
sales, face value, total §
thous. of dol__
0
0
0
0
0
TJ. S Government
do
59, 323
62, 055
62, 242
59, 136
61,127
Other than U. S. Government, total §
do
53, 321
55. 580
55, 573
52, 793
53, 624
Domestic
do
5, 933
6,544
6,410
7,395
6,269
Foreign
_ _ _ _ _ _ -do __
Value, issues listed on N. Y. S. E.:
95,
964
100,
273
97,
311
100, 537
99, 712
Market value, total, all issues!
mil. of dol._
95, 583
94, 238
98, 401
98, 656
97, 838
Domestic
- do _
1,345
1,439
1, 343
1,448
1, 447
Foreign
_ _do_
97,315
101, 871
98, 474
102, 444
102,315
Face value total all issues §
_ _ _ _ do-_
96,
249
99,
516
95,
092
100,
091
99,
963
Domestic
- do. ..
1,905
1,825
1,823
1,902
1,902
Foreign
_-_
- --do ___
Yields:
3.16
3.17
3.17
3.18
3.19
Domestic corporate (Moody's)
percent. _
By ratings:
2.95
2.93
2.94
2.94
2.95
Aaa
do __
3.04
3.00
3.03
3.06
3.07
Aa
do
3.19
3.20
3.20
3.21
3.22
A
do _ _ .
3.49
3.50
3.50
3.51
3.52
Baa
do...
By groups:
2.99
2.97
2.98
3.00
3.02
Industrial
do
3.19
3.20
3.20
3.20
3.20
Public utility
_ _ _ _ _ _ do
3.31
3.32
3.34
3.33
3.36
Railroad
do
Domestic municipal:
2.15
2.10
2.15
2.34
2.28
Bond Buyer (20 bonds)
do
2.05
2.10
2.12
2.22
Standard and Poor's Corp. (15 bonds) _ _ -do
2.33
2.61
2.61
2.57
2.71
2.70
U. S. Trpa.snrv bonds, taxable
do
r
Revised.
* Less than $500,000.
JRevisions for January-March 1951 and January-March 1952 will be shown later.
§8ales and value figures include bonds of the International Bank for Reconstruction and Development
all listed bonds.




not shown separately; these bonds are included also in computing average price of

SUEVEY OF CUEKENT BUSINESS

S-20
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953

1952

May

July

June

August

1953

September

October

November

December

January

February

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 utilitv (24 stocks)
do
Railroad (25 stocks)
. ._. -do
Bank (15 stocks)
do
Insurance (10 stocks)
-_
do

234.7
45.2
116.7
3.7

1, 178. 1
80.9
761.4
89.7

546.7
128.6
199.2
6.7

231.5
51.0
105. 5

.8
50.1
3.3
10.5
4.4

43.0
76.5
56.0
45.7
24.9

89.8
58.7
12.2
38.6
12.9

.8

3.95
4 22
1.91
2.67
2.63
2.84

3.96
4.22
1.91
2.69
2.64
2.88

69.96
73.59
34. 57
45.49

5.65
Yield (200 stocks1*
percent
5.73
Industrial (125 stocks)
do
5.53
Public utilitv (24 stocks'- -_do- 5.87
Railroad (25 'stocks")
do
4.57
Bank (15 stocks'"!
do
3.30
Insurance (10 stocks)
do
Earnings per share (at annual rate), qmrterly:
Industrial (12" stocks)
dollars
Public utility (94 stocks'*
do
R^tilro*" d (9 5 stocks)
do
Dividend yields, preferred stocks, 11 high -grade
4.04
(Standard and Poor's Corp.)
percent..
Prices:
100. 87
Dow-Jones & Co., Inc. (65 stocks) .dol. per share _ .
261. 61
Industrial (30 stocks)
do
49. 29
Public utilitv (15 stocks)
do
94. 61
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utilitv. and railroad:§
183.7
Combined index (480 stocks) . . -1935-39=100- .
199. 2
Industrial total (420 stocks)
- _ .-do . _
181.7
Capital eoods (129 stocks)
do
166. 1
Consumers' goods (195 stocks)
do
117.1
Public utilitv (40 stocks)
do
166.9
Railroad (20 Stocks)
_do
111.1
Banks N Y C (16 stocks)
do
203.7
Fire and marine insurance (17 stocks)
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
1, 262
M^arket value
mil. of dol _
Shares sold
thousands. . 59, 431
On New York Stock Exchange:
1,077
Market value
mil. of dol _
43, 060
Shares sold
thousands
Exclusive of odd lot and stopped sales
23, 586
(N Y Times)
- -thousands _
Shares listed. New York Stock Exchange:
Market value, all listed shares
mil. of dol__ 110, 690
2,691
Number of shares listed
millions

Price per share, end of month (200 stocks) --do
Industrial (125 stocks)
do
Public utilitv (24 stocks)
do
Railroad (25 stocks)
_._
- -do.

1, 166. 5
78 2
763. 5
87.9

540.5
105.2
203. 5
8.0

253.0
64 7
115 2

95.0
60. 9
14.6
40 3
13.0

1.0

4.5

46.9
76 8
42.4
47 2
23.6

52
2
8
6

3.96
4.22
1.91
2.69
2. 64
2.88

3.96
4.22
1.92
2.71
2.64
2.87

3.95
4 20
1.92
2.81
2 68
2.87

3. 95
4 IS
1 92
2. 85
2 68
2.88

72. 61
77. 01
34. 65
47. 68

73. 47
78. 01
35. 09
47.97

72. 57
76.52
36. 15
47.70

71.09
74. 58
36. 34
46. 57

5.45
5.48
5.51
5.64
4.56
3.18

5 39
5.41
5.44
5. 61
4. 52
3.21

5.46
5.51
5.31
5.68
4.39
3.15

5. 56
5. 63
5.28
6.03
4 23
3. 18

3.3
49.7

6.4

10 3

6 61
2.49
5 77

1 736 1
195 2
1 045 5
141.9

548 1
125 6
170 5

181 3
44 9
65 0

1,251.1
81 4
821.9
86.9

561.2
103 5
190.1

49
92
88
79
43

7
6
4
2
6

95.7
64 3
18 2
57 0
11 8

.9

3.2

46.9
89.0
57.7
40.3
27.0

105. 0
03. 8
30. 6
50.1
10.8

3.93
4 17
1 92
2.87
2 66
2 98

3.93
4 16
1 02
2.87
2 75
2 98

3.95
4 16
1.93
2.88
2 84
2.99

3.95
4 16
1.94
2.91
2.86
3.01

3.97
4.16
1.95
3.01
2.89
3.07

3.98
4.17
1.96
3 01
2. 89
3. 09

3.98
4.17
1.98
3.01
2.89
3.09

71 02
74. 35
36 9o
40. 43

74.42
78.20
37 36
49.74

76. 66
80. 89
37. 85
51. 66

70. 69
80. 37
38. 40
52.19

75. 60
79. 15
38.21
51. 17

74.13
77. 64
37.81
49.56

11
48. 48

72. 24
75. 45
37.08
48.97

5 56
5 62
5.30
6 14
4 29
3 15

5 98
5 33
5.14
5 77
4 19
3 10

5 13
5.14
5.07
5 50
4 18
2 99

5 15
5.18
5. 03
5. 52
4 29
3.07

5 22
5.26
5.08
5. 69
4 32
3 17

5.36
5.36
5. 16
6.07
4.44
3.29

5. 50
5. 52
5. 30
6. 21
4.00
3. 41

5.51
5.53
5.34
6.15
4.72
3.41

9
9
1
8

5.0

2.9

42 0

6.9

15 5

8 549
2 t>
11 71

6 76
2 61
7 86

7.3

221 5
49 0
100 4

2.6
1.0

51.8

3.1
7.6
6.0

7 35
2 70
6 73

4.04

4.09

4.12

4.12

4.16

4.12

4.11

4.16

4.21

4.23

4.33

4.38

104. 26
268. 39
49.81
100. 30

106. 25
276. 04
49. 86
101.85

107. 10
276. 70
50. 75
102. 95

105. 20
272. 40
50. 30
100. 43

103.92
207. 77
49' 59
99.83

107. 25
276. 37
51 04
103. 19

111.67
285. 95
52. 06
109. 85

112.25
288. 44
52.20
109. 99

111. 21
283. 94
52. 57
109. 03

112.41
280. 79
53.19
110. 24

107. 52
275! 28
51. 59
104. 05

108. 07
270. 84
50.97
105. 58

187.6
203.9
186.9
168.8
116. 2
173.7
111,6
211.7

192.1
209. 7
192. 7
173. 5
110.9
175.2
112.8
215. 4

191. 1
207.8
191.4
174.8
118.6
175.3
114.7
215.4

188. 2
204.2
187. 6
172. 8
118.5
171. 1
117. 6
214. 5

183. 4
108.4
182.6
109.5
117.4
160.9
120. 1
215.2

189.8
205. 5
190 2
175. 7
120. 9
172. 4
121. 5
223.1

197.0
213.7
198. 5
183.2
123.3
184. 6
1 25. 1
230.5

197. 6
214. 3
200. 4
184.7
124.0
185. 2
128. 3
231.0

195.9
212.0
197.4
183.4
124.4
181.4
128.2
223.8

198.0
214. 5
199. 8
185. 3
124.9
184. 5
128. 1
223.9

190.0
205. 5
191.8
177.8
121. 5
173. 3
122. 3
216.0

189.6
205. 2
192. 3
177.6
120.8
174.2
121.3
214.1

1,285
56, 845

1, 317
61, 433

1,154
41,576

1, 198
48, 989

1,316
62, 389

1,331
56, 903

1,906
78, 990

1, 661
74, 299

1, 376
53, 534

1, 906
75, 473

1,783
S3, 729

1,325
58, 380

1.100
42, 319

1,122
45, 916

978
29, 433

1,012
35, 165

1,121
47, 653

1,145
43. 340

1, 647
57. 885

1,417
55, 897

1, 173
38, 540

1, 616
51,812

1,541

64,111

1,129
43, 936

24, 135

25, 981

30, 239

40, 516

34, 087

30, 209

42, 472

34, 370

25. 767

112,152
112, 633
2,773
2,769 1
'

117,363
2, 777

120, 536
2,788

120, 483 ;
2,802 1

119, 749
2, 814

118, 223
2,819

114, 802
2, 840

115, 371
2.862

25, 516

24, 115

20, 905

114, 489
2,706

115, 825
2,728

114, 506
2,736

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY);
5 394
4 003

do
do

437
794

4 007
3 439
439
729

5 355
4 073
592
690

5 315
4 ISO
449
686

Imports of goods and services total
Merchandise adjusted.
Income on foreign investments in U S
Other services

do
do
do
do

3,909
2 845
112
952

3,912
2 098
102
1. 142

4, 068
3 000
120
942

3,996
2 991
109
896

Balance on goods and services

do

4-1,415

+065

+1,287

+1,319

do
do
do

1 345
— 1,247

1 998
— 100
—1, 192

1 408
— 127
— 1,341

1 842
— 123
— 1,719

U S long- and short-term capital (net), total do
Private
do
Government
do

— 744
-535
— 209

— 100
+39
— 199

— 275
— 347
+ 72

—217
—221
+4

Foreign long- and short-terni capital (net)

+489

+769

+152

+150

—104

+7

+274

+603

+289

+17

" M b

V

rl"

fprl

° '

Income on investments abroad
Other services

Unilateral transfers (net) total
Private
Government

c\

do

Increase (— ) or decrease (+) in U. S. gold stock
mil of dol

OS

+30
-13
{Revisions for dividend payments for January 1951-January 1952 are shown on p. 6 of the April 1953 SURVEY; those for balance of payments prior to June 1952, on p. 4 oif the June 1953 issue.
§ Number of stocks represents number currently used; the change in the number does Dot affect the continuity of series.

Errors and omissions..—




...do

SUKVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-21
1953

1952

May

June

July

August

Septem-

ber

October

Novem-

ber

Decem-

ber

January

Febru-

ary

March

May

April

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:
Quantity
1936-38=100
Value
_
__ d o _ _ _
Unit value
do
Imports for consumption:
Quantity
do
Value
_ do
Unit value
do
Agricultural products, quantity:
Exports, U. S. merchandise, total:
Unadjusted
1924-29=100
Adjusted
do
Total, excluding cotton:
Unadjusted
do
Adjusted
do
Imports for consumption:
Unadjusted
_ _ _ _ _ _ _. d o
Adjusted
do

288
598
208

231
474
205

202
416
206

217
441
203

243
468
205

243
494
203

239
483
202

280
566
203

253
519
205

239
486
204

274
562
205

279
567
203

142
411
290

145
418
289

144
409
284

140
398
283

151
430
284

169
471
279

138
388
280

180
498
277

162
445
276

149
414
278

174
484
277

175
486
278

104
129

81
110

56
75

65
73

77
62

93
70

88
70

110
92

96
96

78
95

90
105

82
102

159
181

121
148

102
130

112
112

117
93

142
113

125
109

151
138

146
153

117
145

141
167

130
156

104
106

107
116

101
113

108
117

111
116

116
119

90
92

128
126

121
116

101
99

121
108

126
119

9,463
8,061

8,450
8,109

6,970
7,688

7,769
7,580

7,421
8,342

7,028
8,879

6,393
7 847

5,720
9 629

5,109
r 8 814

4, 267
7,694

Shipping Weight
Water-borne trade:
Exports, in el. reexports © ___thous. of long tons._
General imports
do
Value
Exports, including reexports, total J
mil. of doL.
By geographic regions:
Africa
_ thous. ofdol
Asia and Oceania A
__ do.
Europe A
_ _ _
do
Northern North America.
._ do_
Southern North America
do
South America .
do
Total exports by leading countries:
Africa:
Fjrvpt_
_
_. do
Union of South Africa
._
_do_ _
Asia and Oceania:
Australia, including New Guinea ._
_do
British Malaya _ _ do_
China©
_
do
India and Pakistan __
do
Janan
do
Indonesia
. ._
do
Republic of the Philippines
do
Europe:
France
do
Germany
. ..
_
do..
Italy do
Union of Soviet Socialist Republics. _ _ do.
United Kingdom
do
North and South America:
Canada
_ . _ _ _ .
..do
Latin- American Republics, total
do
Argentina
do
Brazil _ _
do
Chile
do
Colombia
do
Cuba
do
Mexico
do
Venezuela
do
Exports of U. S. merchandise, totalf_._mil. of dol_.
By economic classes:
Crude materials
thous. of doL_
Cnxle 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
Tobacco and manufactures*
do
Nonagricultural products, total .
do
Automobiles, parts, and accessories§d"_do
Chemicals and related products§d"
do
Coal and related fuels*
do
Iron and steel-mill products.
do

1,473

1,167

1,027

1,086

1,225

1,213

1,186

50, 783
227, 741
314, 680
264, 986
157, 528
174,722

44, 226
185, 369
250, 924
249, 260
137, 834
139, 113

34, 649
147,256
175, 570
210,826
139,068
131, 629

39, 291
150, 509
202,129
220, 327
127 060
136, 460

44, 841
147, 461
223.613
245, 657
123 826
133, 467

43, 837
171,204
245,180
256, 042
144 150
133, 760

37, 328
159,489
246,105
244, 723
132 057
127, 770

5,015
19, 531

4,484
17,738

3, 564
13,175

5.563
14, 291

6,742
15,085

12,313
1 4, 703

14, 430
3,240

11, 609
1,714

10,141
3,129

7,883
2,171

12, 222
2,900

1,390

1,276

1,196

1,379

«• 1, 394

067
719
509
773
151
712

44 401
177' 336
266 534
228 543
131 177
113 932

35 516
164, 827
212, 663
230,915
121 660
lift! 192

49 032
185, 247
253 179
266, 730
132 373

us! 107

44, 381
169, 947
249, 105
285, 902
133 837
122, 933

4, 556
13, 506

2 563
16 871

6 733
19 463

3 316
17, 221

4 739
24, 412

4 454
18, 194

16,255
2,862

9,970
2,436

17 271
9 852

11 330
2 274

9,871
2 636

9,730
2 505

7,947
3 264

17
50
10
30

39
204
307
227
144
136

o

0

0

37, 951
78, 199
10,046
21,723

29,040
55, 992
9,280
25, 780

18,130
34,138
12, 756
23, 020

14, 646
42,514
10,960
22, 330

13,914
40 219
9,964
21,383

13,650
54 697
9, 984
21,517

14, 079
51 195
1 3, 009
23. 988

29
52
11
27

36, 596
31,159
49, 469

27, 974
27, 903
49, 524

17,052
20, 156
19,318

19, 474
36, 644
17 900

21,876
33, 714
18 654

26, 941
47,184
23 781

26, 555
33, 556
23 480

54, 701

41, 793

32, 800

33, 914

50, 950

52, 758

264, 923
314, 672
13. 398
57, 886
12,212
21,223
43, 81 6
66, K4
44, 537
1,458

249, 010
259, 478
9,156
42, 386
8,287
17,904
40, 970
56, 934
42, 148
1,155

210, 764
253, 782
7, 730
40, 082
8,171
18,172
44, 987
52, 466
38, 451
1,014

220 256
248, 853
16, 561
35, 831
8, 054
20, 582
36, 946
49, 407
35, 387
1,074

2*5 647
242, 785
13. 761
29, 758
10,412
17, 637
39, 606
46, 275
41 786
1,215

157,360
151,310
68, 541
154,154
926, 419

142, 954
103, 228
58, 695
129,702
720, 123

87, 067
73 093
59, 306
108,165
686, 344

114, 752
79 811
49, 214
116,407
714, 060

316,630
67, 967
22, 237
165, 204
14,658
21,879

244, 259
55, 740
24, 868
108,442
12,144
20, 087

170, 107
10,287
20, 563
85, 396
13,414
21, 070

1,141,155
151,362
71, 141
48,512
74, 940

910, 444
124, 732
66,324
48, 343
50, 776
239, 459
15, 728
30, 781
56, 440
20, 605
107, 088

0)

Machinery, total§cF
Agricultural
_
Tractors, parts, and accessories!
Electrical §cf Metalworking
._.
_
Other industrial cf

do
do
do
do
do
do

274, 329
14, 543
37, 582
61, 971
23, 302
126, 559

Petroleum and products
Textiles and manufactures

do
do

63, 018
53, 939

3

70, 321
48, 057 1

0

0

0

0

0

Q

o

o

26, 761
40 758
7,^74
24, 829

28
50
r
7
28

40, 723
40 545
40 355

30,604
33 892
36 574

26, 455
28 495
17 124

34, 598
26 426
24 446

45, 330

62 098

52 783

47, 648

61, 702

26, 562
26 532
28 004
(i)
53 551

256 027
261,216
11,241
28, 926
10,169
19,004
45, 828
52,510
43, 536
1,205

244 723
244,019
10, 023
25,010
10, 083
20, 462
41, 127
51,213
41,570
1,176

227 771
264, 844
8,198
30, 439
13, 939
19, 441
40, 428
54, 057
43, 165
1,380

228 533
230, 130
6,349
23 783
5 479
19, 138
39, 304
51, 858
39, 621
1,265

230 913
221, 524
5,413
23, 485
5,639
20, 121
35, 961
46, 807
41, 075
1, 184

266 728
235, 187
6, 265
22. 473
9. 056
19 825
38, 904
54, 127
41,051
1,369

285 901
238, 235
5, 942
23 814
6, 506
24, 231
30, 827
51, 980
43, 843
1,381

146, 9917
80 12
50, 460
124, 355
813, 052

154,670
97 038
61,606
133, 436
758, 113

168, 049
89 325
58, 850
1 23, 1 89
736 990

180,358
116 300
65,196
135 152
883 399

134, 465
63, 590
106 691
850 688

110, 576
86 681
50, 871
108. 222
827 542

118, 259
106 207
56. 587
116,973
971 317

132,539
82 490
53, 747
113 055
999 655

186, 682
21,048
19,040
82, 570
14, 330
28, 160

220, 983
50, 569
16,818
90, 291
10, 706
35, 629

264, 622
61,290
21, 026
108, 755
13,345
30,816

271,226
67, 142
21,924
98, 036
13, 022
31,980

323, 083
90 505
22, 444
132 589
13,419
29,264

268, 700
54 468
19 149
127 983
13, 272
24, 919

216, 399
47, 294
17, 838
93, 631
13, 604
19, 003

250, 491
45,064
20, 191
114, 364
14, 242
33, 113

223, 535
38 396
17 925
89 567
15, 236
38, 129

843, 868
101, 772
62, 640
38, 471
29, 866

887, 563
94, 098
63, 844
44, 549
41,410

994, 013
115,751
62, 402
41,334
55, 805

940, 240
97, 815
63, 237
35, 400
66, 321

905, 177 1,057,322
93, 992
114,891
59, 151
61, 287
35,154
26, 009
59, 779
67, 719

996 200
124, 610
57, 393
24 778
45, 804

967, 493 1, 118,851 1 117 951
151, 579
124, 383
162, 186
66, 609
56, 273
68, 460
17. 651
18, 294
29 329
46, 799
43, 070
43, 436

222, 956
13, 394
22, 931
55, 808
20,115
102, 110

217,861
13 102
17, 044
59 891
20, 397
99, 949

207, 643
8 003
16,689
56 408
21 748
95, 578

224, 431
8 201
20, 451
57 253
24, 906
103, 664

204, 437
7 389
17, 481
55 373
21 126
93, 412

238, 348
9 191
26, 659
67 966
28' 274
97 985

223, 914
10 345
27, 561
62 148
22 262
92 975

71,352
42, 697

64, 260
50, 822

60, 483
50. 622

59, 131
58. 780

0)

0)

0)

4

2

1

237, 332
9 442
23, 442
70 475
24 248
100 384

(i)

-1AQ J R K

1

332
558
549
432

o

910
383
477
814

825
849
812
960

2

269, 816
12 973
32, 396
72 239
29 560
112 397

1,430

10
50
8
29

750
826
759
245

::::::::::

270, 488
15 201
33,468
75 184
24 691
112 269

«_______-.

63, 073
73 825
54 787
62 407
54 489
67 092
55. 496
55. 811
52. 941
58. 572
53.852
50. 462
' Revised.
i Less than $500.
0 Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
ITotal
exports and data by economic classes and commodities include shipments under the Mutual Security Progiam. Total MSP shipments are as follows (mil. dol): May 1952-Mav 1953 respectively—23^.8; 113.4; 136.8; 170.3; 247.6; 73.1; 195.0; 275^ ^
ABeginning 1952, Turkey is included with Europe; previously, with Asia.
©Including Manchuria beginning January 1952.
9 Data for semimanufactures reported as "special category, type I" are included with finished manufactures.
*New series. Data prior to August 1951 will be shown later.
§"Special category" exports, formerly excluded, are now included in
data back to January 1952; for total machinery and electrical machinery, however, such exports are only partially included.
cfData 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 1953

1952
May

June

July

August

1953

September

November

October

December

January

February

March

April

May

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE—Continued
Value— Continued
General imports, total
thous. of dol_. 834, 495
By geographic regions:
43, 379
Africa
do
168, 985
Asia and OceaniaA,
do
149,
267
Europe A
-- do _ _
195, 518
Northern North America
do
129,
057
Southern North America
do
148, 288
South America
do
By leading countries:
Africa:
2,367
Egypt
do
7,817
Union of South Africa
-- do
Asia and Oceania:
15, 876
Australia including New Guinea _.. do
27, 588
British Malaya
_
do
2, 336
ChinaO
do
25, 336
India and Pakistan
do
16, 064
Japan
do
Indonesia
-do _ . 23, 658
22, 348
Republic of the Philippines
do
Europe:
11, 202
France
do
15, 937
Germany
_ _ __do
10, 682
Italy
do
805
Union of Soviet Socialist Republics
do
43, 422
United Kingdom
do
North and South America:
195, 516
Canada
do
Latin- American Republics, total _ _ _ do __. 257, 193
9,208
Argentina
do
49, 593
Brazil
- do
15, 946
Chile
do
21, 697
Colombia
do
57, 131
Cuba
do
32,
838
Mexico
do
32, 930
Venezuela
do
842,
944
Imports for consumption, total
do
By economic classes:
231, 537
Crude materials
_ _ do
135, 842
Crude foodstuffs
- _
__
do
106, 028
Manufactured foodstuffs and beverages. _ _ do
203, 244
Semimanufactures
do
166,
293
Finished manufactures
do
By principal commodities:
353,
248
A gr icultural products , total
do
21, 291
Cocoa or cacao beans, incl. shells*
do
76,128
Coffee
- - do
4, 496
Hides and skins
do
49,
046
Rubber, crude, including guayule
do
50, 893
Su^ar
-- -do
31,579
Wool and mohair, unmanufactured
do
489, 695
Non agricultural products, total _ _ _ _ do
6,498
Furs and manufactures
do
Nonfcrrous ores, metals, and manufactures,
116,
120
total
thous . of dol. 21, 763
Copper, incl. ore and manufactures.,. do
22,
372
Tin, including ore
do
25, 569
Paper base stocks
do
44, 484
Newsprint
do
58, 051
Petroleum and products
do

860, 844

839, 084

817, 016

877, 288

918, 279

803, 849

1,051,064

927, 221

856, 190

53, 604
179, 510
162, 012
211, 100
107, 618
146, 999

47, 189
158, 033
157, 379
191, 537
99, 869
185, 077

35, 252
160, 494
148, 151
183, 483
90, 059
199, 577

30, 281
150, 032
170, 630
206, 672
85, 695
233, 978

35, 015
165, 566
190, 603
219, 112
86, 031
221, 746

35, 596
124, 157
175, 506
201, 716
83, 799
183, 074

56, 763
185, 176
199, 816
229, 070
134, 790
245, 449

54, 010
170, 556
185, 553
183, 895
136, 805
196, 403

45, 121
140, 455
172, 260
185, 017
121,717
191, 620

48 399
154,988
214, 588
214,918
150, 506
220, 802

61, 716
177, 171
207, 802
212. 304
147, 466
205, 696

766

7,548
8,275

2,460
7,777

423

8,121

8, 287

323
6,858

1,851
7,414

7,739
6,979

6,840
9,633

2,334
9,734

2, 328
9,115

4,554
7,289

10, 459
32, 867
1, 663
21, 187
16, 984
29, 087
26, 801

10,814
21,013
1,424
25, 296
19, 001
19, 227
26, 019

8,771
23, 100
1,099
26, 374
17, 985
24, 676
23, 484

9,302
21, 632

6,685
20, 328

24, 633
30, 928

15, 888
24, 550

14, 347
16, 959

6,965
19, 848

24, 231
23, 629
18,914
19, 024

8,137
19,941
1,341
24, 912
24, 631
22, 755
18, 873

678

818

571

19, 926
20, 924
13, 682
13, 828

27, 543
24, 666
21, 299
15, 451

27, 198
23, 045
19, 485
19, 429

19, 037
15, 439
18, 854
20, 874

23, 865
22. 034
18. 547
19, 708

13, 931
23, 325
1 196
26, 082
22, 330
19. 347
23, 937

13, 141
15, 661
12, 521
1,611
38, 260

12, 725
16, 954
12, 702
1, 535
40, 374

12, 485
16, 668
12, 557
1,241
35, 789

11, 765
19, 133
10, 998
1,617
42, 975

15, 493
23, 001
17, 251
1,376
46, 041

12, 569
23, 810
14, 128

14, 259
22, 743
16, 591

982

559

14, 346
20, 991
18, 504

13, 023
17, 675
10, 187

810

367

38, 609

42, 722

37, 495

44, 698

17. 379
28, 071
15, 381
2, 005
51, 361

18, 784
26, 227
12,123
1,128
46, 934

210, 555
238, 633
12, 473
49, 431
13, 102
24, 246
40, 458
31, 363
32, 131
858, 308

190, 889
269, 548
15,112
49, 606
22, 828
33, 526
36, 722
25, 755
32, 731
838, 175

183, 017
278, 496
11,428
63, 125
31,031
35, 735
42, 352
26, 402
31,717
815, 618

205, 876
306, 625
16,444
88, 896
36, 518
36, 324
37, 109
25, 989
34, 804
882, 065

218, 769
287, 196
19, 574
76, 739
31, 261
30, 066
24, 447
29, 511
32, 964
966, 110

201, 634
250, 416
15, 737
57, 728
27, 782
28, 044
20, 284
33, 160
32, 574
795, 493

229, 038
356, 042
22, 245
81, 685
36, 922
41, 970
26, 418
51, 577
35, 804
1,021,449

183, 882
311, 145
22, 750
57, 916
24, 671
33. 519
36, 607
41, 625
34, 575
913, 589

184, 973
294. 690
15,042
58, 576
26,314
31, 029
32, 773
37, 969
34. 751
848, 274

214, 909
351,079
20, 929
67, 602
28, 143
37, 494
48, 798
44, 213
39, 259
991,987

212, 273
337, 577
18, 549
59, 677
27, 304
43. 764
50, 079
39, 573
33, 573
997, 703

242,
149,
94,
200,
170,

925
603
664
828
288

214, 846
149, 360
97, 221
201, 314
175, 433

209, 864
144, 514
97, 640
201, 947
161, 652

205, 860
177, 241
102, 314
220, 850
175, 801

268,
162,
89,
243,
202,

704
006
410
723
268

181,802
152, 094
74, 815
208, 081
178, 701

246, 866
229, 704
79, 974
274, 209
190, 696

235. 974
190, 486
85, 464
225, 958
175, 707

208, 540
175,810
76, 306
221, 835
165, 788

234, 071
207, 899
106, 064
242, 996
200, 958

223, 930
215, 706
104, 218
260, 132
193, 717

344, 846
22, 303
82, 679
6, 532
52, 132
43, 653
23, 341
513, 463
7,239

329, 783
10,161
95, 442
5, 832
33, 445
43, 724
27, 645
508, 391
7,196

337, 072
6,871
99, 155
5, 298
40, 999
44, 526
23, 929
478, 545
5, 790

360, 530
6, 344
126, 550
3, 935
30, 996
40,161
25, 086
521, 535
4, 924

371,240
2, 897
109,590
4,852
32, 61 3
19,528
63, 073
594, 870
7, 035

290, 160
8, 653
94, 992
3.728
27, 077
13, 708
16, 719
505, 333
2, 611

410, 680
24, 650
149, 133
5, 437
41,921
17, 924
27, 549
610,770
8, 585

382. 326
20, 084
123, 448
5,315
35, 465
33, 282
38, 969
531,263
7, 578

335, 265
15. 120
121. 604
4,789
28,816
31,237
29, 129
513,014
5, 538

405, 850
13,101
150, 361
5, 936
33, 458
44, 450
30,011
586, 138
9,789

422 220
1?! 662
148, 425
8, 765
33, 938
44, 531
29, 572
575, 483
6,915

122, 031
20, 664
34, 388
24, 703
50, 938
55, 504

126, 982
42, 361
32, 037
21,546
50, 1 91
54, 547

109,
42,
28,
23,
47,
51,

114, 460
47, 940
23, 344
26. 390
49, 899
52, 230

122, 912
41, 848
30, 693
27, 071
51 , 003
64, 479

103, 248
40, 714
20, 980
27 323
47! 937
53, 979

143,311
40, 819
26, 806
29, 639
53,604
71, 782

115,429
34, 879
30. 722
25. 894
46, 106
65,112

119,714
43. 561
24, 531
24, 219
43! 841
57, 929

123, 092
36, 298
29,169
24, 039
49, 808
64, 576

127, 389
47, 099
24, 139
23, 677
51, 661
56, 821

596
841
852
718
359
754

590

518

256

1,004,202 •1,012,155

920, 000

::-:::

TRANSPORTATION AND COMMUNICATIONS
TR AN SPOR T ATION
Airlines
Operations on scheduled airlines:
Miles flown rovonr°

34, 069
32, 274
thousands
18.341
17 815
11,700
11,442
Exrtjv^s and freight
ton-miles
flown
_.
thousands.
.
5,109
5, 527
M?il ton-mile*1
flown
do
2, 054
1, 831
I \j,p"( -Timers carried, revenue
- - _ do
973, 389 1, 116, 7G4
PioSenp^r-miies flown, revenue
do

36, 475

11.612
5,115
2,012
1,081,742

35, 566
36, 213
2 55, 643
13,720
1 5, 826
12, 475
5, 225
5, 20 i
5, 731
2, 12S
2, 1 S3
2,1 40
1,142,731 1, 121, 808 1,119,674

36,612

34, 211

37, 707
35, 632
35, 931
33, 836
37, 6S1
2 72, 3o3
14,459
14,5%
13,133
16, 501
i i, o»;r,
14, 967
5. 574
5, 554
5, 346
7, 947
5, 971
5. SIN
1,828
1,879
1.839
1, 845
2. 059
"2 23 S
972, 158 1,018,400 1,040,706 1, 000, 839 1, Hi, 796 1, 20r>, 4^2

Express Operations
thous of dol
do

19, 958
<* 5

19, 592

19, 505

20

4

__cents .
millions
__ thous. of dol_-

11. 2579

11.3820
962
118,000

Operating revenues
Operating income

d

19. 793

C1)

20, 561

20, 901

20, 921

56

7

50

11.9143
975
119,000

11. 9465
1,048
133, 500

127, 700

26, 474

20, 061

19, 645

27

67

12.3114
959
127, 300

12. 4184

21,711
28

20, 039

12. 4428
1,010
130, 900

12.4988
9S2
129, 200

22

Local Transit Lines
Faros, average cash rate
Passengers carried revsnue
Operating revenues

1,050
128, 300

11.4477
921
117,300

11. 7810

919
121, 800

12. 1776

964

12.2311
1, 059
145, 400

897
120, 300

12. 5596
977

Class I Steam Railways
Freight carloadings (A. A. B.):c?
3,294
2,608
2,236
3,363
2,802
4,001
3, 882
2,671
3, 352
2,731
r 3, 678
2,957
Total cars
thousands
3, 883
439
317
613
478
636
713
517
631
451
607
470
455
Coal
do
626
58
60
15
58
22
57
74
75
59
68
61
55
Coke
do
71
179
179
178
164
170
243
225
175
203
173
201
179
Forest products
do _ _
217
221
232
255
263
187
168
219
253
204
170
159
166
215
Grain and grain products
do
49
66
26
24
67
36
42
40
42
27
26
32
41
Livestock
_
do
357
96
44
371
85
447
387
83
96
403
78
245
438
Ore
do
302
364
265
278
257
289
360
318
288
349
274
281
346
Merchandise, 1 c. 1
do
1,673
1,155
1,298
1,579
1,938
1,377
1,549
1,852
1,770
1,804
1,544
1,490
Miscellaneous
...do
1,929
r
d
2
Revised.
Deficit. l Less than $500.
Data represent quarterly total.
ABeginning 1952, Turkey is included with Europe; previously, with Asia,
©Including Manchuria
beginning January 1952.
*New series. Data prior to August 1951 will be shown later.
cTData for May, August, and November 1952 and January and May 1953 are for 5 weeks; other months, 4 weeks.




SURVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-23

1952

May

June

July

August

1953

September

October

November

D

m

|^ -| January

February

March

April

May

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—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, I c l
__do
Miscellaneous
do
Freight-car surplus and shortage, daily average:
Car surplus total
numberBox cars
do
Gondolas and open hoppers
do
Car shortage, total
_
do
Box cars
do
Gondolas and open hoppers
do
Financial operations:
Operating revenues, total
thous. of dol_.
Freight
do
Passenger
do
Operating expenses
-- - -- do
Tax accruals, joint facility and equipment rents
thous. of doLNet railway operating income
do
Net in comet
do _
Operating results:
Freight carried 1 mile.
mil. of ton-miles.Revenue per ton -mile
.
cents.
Passengers carried 1 mile revenue
~ millions

124
101
178
131
116
59
292
45
138

111
96
68
144
165
45
82
44
122

104
75
56
147
183
45
73
43
116

129
101
154
157
145
61
323
46
141

145
135
187
151
138
93
352
48
155

138
93
185
146
157
117
314
48
158

138
123
195
149
144
95
258
47
150

120
111
200
135
123
66
77
43
135

121
108
193
139
128
59
70
42
138

119
97
191
140
112
46
69
43
140

122
92
186
142
119
47
79
45
146

127
96
175
144
117
58
231
44
146

132
106
182
143
124
58
315
45
148

122
101
179
126
132
66
212
45
137

108
96
69
139
161
66
53
44
119

102
75
57
146
153
56
46
43
115

125
101
160
149
134
65
216
46
140

134
135
189
140
123
70
235
45
144

128
93
188
139
157
76
233
46
145

134
123
195
152
147
76
233
46
144

131
111
191
152
131
69
248
45
144

134
108
184
154
128
62
278
44
151

130
97
181
146
114
57
275
45
149

132
92
184
142
130
60
273
45
154

129
96
178
144
133
66
r
237
44
148

130
106
183
137
141
65
237
45
146

24, 363
11,153
2,554
2,296

28, 136
14, 669

40, 311

13, 934
1 , 691
6,310

5,693

5,294

24 003
8,113
10 456
792
449
173

79, 262
21, 625
46, 558
827
564
137

69, 294
8,145
51, 776
1,376
768
194

73, 260

58, 597

2,030
7,075
4,253
2,472

56, 584
1,745
976
203

43, 375
1,501
602
341

40, 222
12, 461
16 278

908, 004
769, 593
65, 025
661, 229

935, 061
762, 543
84 069
711 367

863, 001
713, 727
79, 199
661, 684

812, 968
684, 368
64, 738
621, 092

919, 617
779, 580
67, 052
1 696, 914

905, 605
765, 798
67, 093
1
673, 704

901, 634
763, 046
66 880
680, 508

101,509

130, 392

125, 733
95 393

6,372
2,933

7,477

26, 642

2,070

4,924

331
113
12, 028

1,865
717

1,490
448

1,958

3,822

870, 315
720, 138
75, 955
676, 418

814, 338
663, 869
81, 702
645, 934

790, 718
644, 792
80, 482
634, 398

899, 734
744, 841
80, 548
663, 360

942, 139
796, 010
70, 581
674, 577

110, 927
82, 970
54, 342

100, 529
67, 875
48, 988

95, 357
60, 963
35, 469

131, 334
104, 939
78, 155

120,913

54, 557
1.393
2,802

47, 293
1.475

44,817

3,065

3,076

1.524

10, 402
6,699
3,702

9,341

6,065
3,275

9,292

2,979
1,188

2,948
1,256

6.20
78

704
959

2,743

7,691

8,914
25

6,996

14, 194
8, 235
5,169

985,215
838, 101
66, 027
707, 483

33

7,429

146, 650

157,064

94, 456

120, 669
92, 073

136, 088
110, 687
84, 158

114, 091
109 602
141, 852

121, 242
80, 075
57, 595

114, 076
77, 800
55, 943

129, 134
93, 570
71, 997

56, 949
1.377
3,133

58, 213
1.430

58, 066
1.503
2,481

56, 975
1.417
2,416

50, 753
1.552
3 118

51, 756
1.458

47, 714
1.502

53, 227
1.536
2,491

9,737
6,576

9,723
6,523
3,200

9,637
6,467

8,687

3,170

2,874

8,560
5,994

762

2,511
909

- 2,888
1,148

3,261
1,236

2,866

3 057
1,109

3,037

1,077

6.70
79
260

6.39
72
237

7.15
76
255

6.91
78
251

7.13
83
259

7.17
72
241

6.49
63
233

58, 893
79, 967
1,704
18, 898
51, 528
1,075

76, 484
109, 740
1,744
18, 361
45, 330

88, 798
111, 036

115, 846
94, 685

105, 868
63, 766

73, 084
55, 698

60, 671
50, 824

34, 150

29, 361

4,270

25, 062
1,603

21, 497
982

9,446

763

809
10, 145

682
8,618

716
9, 074

718
9,113

thous. of dol . do
do

352, 525
205, 171
121, 895

351, 732
206, 102
119, 781

351, 597
204, 358
120, 635

205,114

354, 143
122, 471

Operating expenses, before taxes
do
N e t operating income .
______
do
Phones in service, end of month.. _ _ thousands _

248, 667
41, 238
40, 847

245, 862
42, 238
40, 966

258, 743
37, 140
41, 105

10, 384
12, 894

15, 839
14, 544
474

1,722
270

2,546

2,696

2,943

2,389

5,584

77, 241

2,269
1,385
527

32,570

1,523

2,499

Waterway Traffic
Clearances, vessels in foreign trade:§
Total U S ports
thous. of net tons
Foreign
do
United States
do
Panama Canal:
Total
thous. of long tons
In United States vessels
do .-

k_

6,118
3,174

2,649

3,159

5,813

2 565

3,009

3,233

3,182
I , 256

3 153
1,064

7.14
78
264

6 51
77
274

47, 501
419

57 560
599

53 901
1 030

741
9 388

748
9 817

696
9 132

374, 578
222, 116
124, 327

363, 949
219, 159
116 260

378, 836
223, 607
126, 615

380, 115
225 848
125 153

273 404
50, 534
42, 068

260, 513
45, 507
42, 116

248 719
46, 270
42, 298

264, 660
45, 385
42, 488

262 177
47, 354
42 670

15, 881
14, 761
435

18, 962
16, 225

2,370

16, 937
15, 487
655

16, 033
14, 178
1,097

18, 245
15, 325
2,136

17 710
15, 187
1 734

2,272
1,820
256

2 603
1,919
436

2 456
1,875
360

2 293
1,778
296

2 617
1,869
512

2 276
1,846
229

2,391

2 799

2 453
2,133
192

2 346
1,992
222

2 657
2,130
390

2 545
2,166
299

947

1,168

6.69
76
249

6.77
78
245

6.49
76
230

56, 399
53, 130

59, 980
63, 018

63, 298
71, 506

74, 917
76, 349

17, 109
375

19 466
237

26, 700
253

40 199
328

9,064

717

665
8 368

766
9 664

919
11, 610

357, 925
210, 387
120, 911

370, 929
216, 164
127, 665

359, 034
214, 751
117, 549

380, 586
223, 190
129, 766

252, 771
41, 077
41, 255

255, 480
40, 878
41, 419

261, 973
44, 112
41, 621

251, 155
43, 950
41, 786

15, 847
15, 101
*4?

15, 633
14, 883
d%2

17,251
15, 534
974

17, 842
15, 850
1,253

2,081
1,766
105

2,164
1,880
60

2,101
1,798
91

1,779
383

2 470
1,804
438

2,517

2,056

2,585
2,084
388

2,385
2,038

2,461

340

940

r

Travel
Hotels:
Average sale per occupied room
_ dollars
Rooms occupied f
percent of total
Restaurant sales index
same month 1929=100-Foreign travel:
U S citizens arrivals o*
number
U S citizens departurescf - do
Emigrant aliens departed
do
Immigrant aliens admitted
_
_.
do
Passports issued
do
National parks visitors
_. thousands
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous of dol

266

2,455

4,008

COMMUNICATIONS
Telephone carriers:©
Operating revenues
Station revenues
Tolls, message

-..

Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
O perating revenues
.._ _ _ - thous . of dol _ _
Operating expenses, inch 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

d

S, 247

2,250

2,156
271

246

2,377

2,090
259

2 611
2,160
360

2,069
267

2,297
489

r
d
Revised.
Deficit.
1 March data include operating expenses amounting to $17,700,000 which are applicable to the months of December 1952-February 1953; April data $2 400 000
applicable to December 1952-March 1953.
{Revised data for April 1952, $48,602,000.
' '
§Beginning July 1951, data exclude vessels under time or voyage charter to Military Sea Transportation Service.
fRevised series. Data beginning 1951 have been adjusted to the levels of the 1948 Census of Business.
cfData exclude arrivals and departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.
OData relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier
data.




SURVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953
1953

1952

May

June

July

August

September

October

November

December

January

February

March

April

188, 173

May

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production :t
Ammonia, synthetic anhydrous (commercial)
165, 105 160, 034
short tons
630
442
Calcium arsenate (commercial)
do_
56, 074
58,380
Calcium carbide (commercial)
do
72, 417
63,579
Carbon dioxide, liquid, gas, and solidO
do
200, 169
214, 128
Chlorine, gas
-do
48, 851
50, 669
Hydrochloric acid (100% HC1)
do
150
279
L/ead arsenate (acid and basic)
do
122, 670
128, 065
Nitric acid (100% HNCh)
do
1,131
1,941
Oxygen (high purity)
mil. of cu. ft
153, 497
173, 334
Phosphoric acid (50% HsP04)
short tons
Soda ash, ammonia-soda process (98-100%
358, 448 334, 449
Na2COs)
short tons
5,656
6,745
Sodium bichromate and chromate
do
230,883
250, 564
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhy41, 194
38, 565
drous)
short tons
Sodium sulfate, Glauber's salt and crude salt
65,838
67, 031
cake
short tons
Sulfuric acid:
1, 109, 076 1,007,709
Production (100% H2S04)
do
Price, wholesale, 66°, tanks, at works
20.00
20.00
dol. per short ton. .
Organic chemicals:
Acetic acid (synthetic and natural), production
27, 980
26, 535
thous of Ib
51, 944
31, 536
Acetic anhydride, production
do
957
1,109
Acetylsalicylic acid (aspirin) production do
Alcohol, ethyl:
32, 922
26, 062
Production
_
thous. of proof gal _
74, 420
82, 344
Stocks total
do
In industrial alcohol bonded warehouses
50, 584
51, 949
thous. of proof gal_.
30, 395
23,837
In denaturing plants
_ _ _ _ do__
33, 102
30, 539
Used for denaturationf
do
1,447
1,395
Withdrawn tax-paid
do
Alcohol, denatured:
17, 868
Production
_ _
_ _ thous. of wine gal_. 16, 481
18, 018
19, 984
Consumption (withdrawals)
do
8,055
8,555
Stocks
_
.
_ _ __
do_ _.
7,077
13.293
Creosote oil production
thous of gal
5, 873
4 204
Ethyl acetate (85%) production
thous of Ib
Glycerin, refined (100% basis):
High gravity and yellow distilled:
7,099
7,538
Production
do_ _
6,374
6, 239
Consumption
do
14, 427
17, 013
Stocks
_ _ _ _ do.. _
Chemically pure:
5,428
7,178
Production
do
7,008
7,015
Consumption _ _
_ _ _ _ _ _ do__
28 382
24, 507
Stocks
do
Methanol, production:
175
201
Natural (100%)
_
-thous. of gaL_
11, 881
13, 111
Synthetic (100%)
do
19, 225
21, 263
Phthalic anhydride, production _.thous. of lb__

167, 574

173, 326

52, 238
80, 662
194, 285
49, 282

45, 812
79, 391
207, 964
54,462

704

(0

171, 721

184, 319

178, 562

47, 947
65, 370
209, 966
57, 334

56, 315
55, 292
227, 970
61, 646

56 150
4(5, 012
219, 626
61,699

(i)

0)

0)

193, 507

188 882

173 857

189, 644

65, 788
44, 463
231,017
66, 056

156, 824
2,278
207 747

61 913
43, 997
217, 261
60, 570
1,194
139, 178
2,161
199, 765

68, 946
52, 950
' 233, 081
65, 960
1,144
146,
594
r
2, 336
' 214, 811

432, 747
423, 755
9, 234
' 8, 034
278, 488
' 274, 614

0)

41&

926

534

294

118, 340
1,046
153, 609

128, 886
1,862
179, 200

134, 588
2,023
185, 295

140, 866
2,251
205, 074

147, 180
2,175
179, 647

61,903
45, 441
224, 938
64, 284
0)
157, 508
2,297
176, 929

336, 327
3,722
224, 462

370, 877
5,882
242, 721

349, 218
7,001
242, 700

405, 778
8,355
260, 742

431, 598
8,107
257, 081

414, 557
8, 013
260, 184

422, 365
8,490
269 311

370, 735
7,440
256, 482

34, 403

35, 521

44, 948

59, 997

44, 373

45, 893

41 181

41, 950

49, 941

57, 708

58, 999

66,516

68, 913

75, 070

76, 075

81, 301

81 814

73, 221

80, 383

79, 776

0)

968, 467

0)

0)

0)

381

1,066,592 1, 079, 457 1, 164, 427 1, 159, 061

709

68, 391
51, 925
235. 170
65,270 J
1,444
141, 444
2,182
209. 772

1,192,765 1 184 405 1, 116, 994 1,270,151 1, 207, 993

20.00

20.00

20.00

20.00

20.00

20.00

20.00

20.00

20.00

20.00

34, 256
65,963

32, 979
70, 859

32, 781
74, 404

807

38, 746
80, 829
1,189

39, 241
69, 515
1,145

42, 985
72, 855
1,137

39, 858
67, 175
1,120

33, 894
61, 361
1,115

44, 211
71, 448
1,195

40.688
67, 380
1,342

39, 292
77, 437

32, 984
82, 661

36, 439
87, 430

35, 839
85,838

31, 552
81, 702

42, 182
83,245

46, 161
84, 263

45, 013
77, 701

46, 837
64, 238

44,681
74, 492

43, 394
78, 581

47, 610
29,827
35, 397
2,052

47, 420
35, 241
28, 577
1,629

48, 430
39, 000
31, 249
2,057

46,419
39, 419
35, 172
2,058

42, 281
39, 421
34, 286
2,101

44,833
38, 412
40, 638
1,448

52, 686
31, 577
35, 349
1,815

56, 948
20, 753
40, 320
1,892

54,592
9,646
56, 224
2,171

55, 022
19, 470
34, 435
2,105

54, 872
23, 709
35, 640
2,030

19, 039
17,468
9,100
6,509
4,152

15, 437
18, 261
7,158
12, 547
8,813

16, 987
16, 799
7,326
12, 538
7,984

19, 226
19, 166
7,347
13, 026
7,363

19, 613
18, 428
8,548
14, 059
8 082

23, 417
23, 665
8,285
12, 897
8,375

19, 037
20, 225
7,084
12, 631
6,925

21,659
17,583
9,689
10, 813
7 222

30, 199
25, 169
14,909
11, 505
7,685

18, 414
23, 105
10, 207
12,386
7,423

19, 201
21, 845
8,855

5,855
6,003
13, 553

6,511
6,538
12, 246

7,279
6,975
12, 066

7,602
8,101
11, 447

7,043
7,102
11, 006

6,898
6,219
11, 370

6,701
6,503
12,998

6,762
6 276
12 697

8,097
6,866
14, 856

7,380
7,092
15, 660

6,993
6,787
15, 912

6,237
6,628
21, 684

9,035
7,536
19, 080

10, 040
7,991
17, 173

11, 147
8,886
16, 211

10 629
7,527
15 336

11, 663
7,608
14, 595

12 181
8,233
16 069

13 258
7 552
17 644

14 722
8,217
20 146

13 276
7,897
21 323

14, 331
7,698
24, 049

845

823

234

194

11, 890
18, 955

12, 059
16, 462

11, 143
17, 954

13, 367
19, 036

15, 544
19, 978

192

14 027
20, 013

148

184

13, 329
20, 480

11 890
18 481

13 275
21, 841

12 469
17, 519

2389
203, 643
24, 643
164, 357
7,015

2380
208, 593
19, 939
170, 215
7,227

2599
171, 683
28, 068
124, 084
5,893

2559
242, 814
7,955
219, 806
12, 602

2572
169, 969
7 850
148 826
7 848

2685
160, 461
22, 468
117, 635
8,686

2924
140 760
5 946
116 482
6 637

2 1, 324
161 193
5 336
139 696
9 161

22,030
199 096
6 853
179 311
7 814

2 1, 863
227, 068
14 628
201 527
6 734

169, 119
122, 146
50, 865
8 166
27 336

237, 657
181, -187
69, 563
6,460
33 020

220, 823
165,102
69, 842
10, 856
30 821

194
133
66
26
22

024
078
738
160
218

194 599
137, 862
50, 743
8 735
34 119

232
180
41
12
27

296
245
37
4
30

370
297
75
11
29

417
330
88
11
40

57.00
122 979

57.00
149, 678

57.00
142 726

57 00
127 884

57.00
133 733

57 00
139 339

195

179

179

172

153

v 20. 00

FERTILIZERS
Consumption (14 States) §
Exports, total.
Nitrogenous materials
Phosphate materials
Potash materials

thous. of short tons__
short tons__
do
do_
_ _ do_

1,167
207, 943
15, 353
176, 649
7,887

530
136, 743
7,652
117, 254
7,227

208, 013
141, 032
204, 665
Imports, total
do
151, 448
Nitrogenous materials, total
do. _ 149, 891
100, 674
90,517
33, 915
Nitrate of soda
__ _ _ __do
37, 015
14, 698
7,318
Phosphate materials
do6,832
23, 258
Potash materials
do
12, 488
21, 293
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
57.00
57.00
57.00
port warehouses
_ __ _ dol. per short ton
127, 810
157, 711
Potash deliveries __
_
_ _
short tons
113, 167
Superphosphate (bulk) :
944, 549
Production
do
1,082,538
928, 757
1,038 548 1 249,581 1 375 725
Stocks, end of month
do

080
359
722
400
654

708
377
565
521
831

57 00
167 733

867
549
600
610
031

57 oo
214 470

2910

574
194
419
527
955

57 00
183 982

928, 624 1,048,458
941, 440
917, 938
960, 242
971, 091
969, 410 1,111,489 '1,195,916
1 429 455 1 407 462 1 403 232 1 398 372 1 510 676 1 554 702 1 433 309 1 148 185 r 909 321

?57 00
142 816

1,096,771
1 015 041

NAVAL STORES
Rosin (gum and wood):
Production, semiannual total
drums (5201b.)__
Stocks, end of period _ _ _ __
_ _ d o __
Price, gum, wholesale, "WG" grade (N.Y.), bulk
dol. per 100 lb._
Turpentine (gum and wood);
Production, semiannual total
_bbl. (50 gal.)__
Stocks, end of period
do _ _ _
Price, gum, wholesale (N.Y.)_
dol. per gal..

948, 760
904,650
8.55

8.50

8.35

8.35

8.70
331, 000
214, 640

769 520
718 440

8.50

8.50

8.40

8.90

8.80

8.80
233 670
135 000

8.60

»8.60

.63
.62
.60
.62
.60
.62
.62
.60
.60
.60
3>.60
.60
.60
Revised.
f Preliminary.
1 Not available for publication.
2 Total for 12 States: excludes data for both Virginia and Kentucky (effective July 1952, Kentucky will report semiannually: see note "§" below for quarterly data for Virginia).
{Revised data for January-October 1950 and 1951 are available upon request.
©Data beginning January 1951 exclude amounts produced and consumed in the same plants manufacturing soda ash.
fRevised series. Data shown prior to the November 1951 SUBVEY represent alcohol withdrawn for denaturation.
§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951—January-March, 312; April-June, 288; July-September
91; October-December, 111; 1952—January-March, 322; April-June, 331; July-September, 90; October-December, 100; 1953—January-March, 319.
T




SURVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

Sr-25

1952
May

June

July

August

1953

September

October

November

December

January

February

March

812
56 871

710
58 876

April

May

634
63 170

553
64 562

CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
High explosives
Sulfur:
Production
Stocks

thous of Ib
do
long tons
do

556
63,111

489
57, 251

586
51, 315

764
62, 515

1 010
66, 177

1 184
66 621

1 016
59 840

902
56 709

1 056
56 212

460, 058
443,017 477, 939 447, 481 428, 810 430 811 436 143 422 560
471 615
418 568 381 532
479 954
2, 827, 506 2, 902, 335 2, 982, 331 3, 047, 591 3, 081, 284 3, 064, 952 3,053 843 3 068 855 3,130 379 3,089 132 3, 042, 952 3, 001, 430

FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, creases, and oils:J
Animal fats:
321, 630
305, 335 290,088 286,050
290, 840 358 024
Production
thous of Ib
431 781
427 887 343 522
344 181 331 952
367 547
310 131
114, 807 115, 548
95, 111
114, 199
110, 119
Consumption, factory
do
105 973 113 586
127, 834
126 654
125 007
128 965
104 045
128 956
336,
784
367,
590
329,
643 296,004
377,
329
339,
625
Stocks, end of month
do__
499,299 443, 138 431, 798
460, 719 453, 996
327, 150
406, 370
Greases:
49, 982
49, 486
44, 932
43,600
46, 040
Production.
do_
55 434
57, 636
51, 541
52 336
57, 588
51,090
52,056
54 838
36, 701
31, 969
31, 098
37,100
35, 164
Consumption, factory
do
32 518
34 533
39 197
35 222
33 926
40 361
34 996
44 866
111,
895
115,
580
118,
495
107, 634 101 152
113, 738
Stocks, end of month.
do
114 150
107 530
117, 840
115,820 109 800
105 053
105 854
Fish oils:
11, 060
12, 748
22, 631
13, 407
22,683
Production..
_ _ do_
244
1,844
5 743
3,037
486
223
8 000
9 268
9,758
10, 174
8,331
11, 763
9,919
Consumption, factory
do
14 975
10 832
11 930
17 820
14 599
12 989
11 443
15 957
66,640
69,
931
84,479
89, 990
Stocks, end of month cf
__ _ _ _ _ do_
88, 854
65, 644
92 801
46 731
90 117
51, 459
76 380
47 180
103 115
Vege table oils, oilseeds, and byproducts:!
Vegetable oils, total:
r
382
343
305
433
354
Production, crude
mil. of Ib
592
566
457
572
415
488
510
627
442
410
361
413
394
Consumption, crude, factory
do
521
562
525
532
551
458
546
566
Stocks, end of month:
1,123
1,054
1,017
962
952
1,096
Graded*
do._
1,115
1,112
1 147
1 052
1,074
1 102
1 049
624
572
536
438
498
Refined
do
578
689
872
967
1 044
777
1 072
474
49,815
32,
674
30,911
27,991
43, 097
Exports
-thous. of Ib
35, 276
15,467
41, 414
18 102
17, 699
18 875
30 808
28,638
30, 935
36, 473
32,922
35, 171
Imports, total
do
31 759
25 227
37 943
56 440
33 909
33 521
36 190
2,049
5,051
5; 447
2,153
5,177
Paint oils
_. do._
733
2,481
877
2 494
441
554
3 664
26,590
25, 884
31, 026
30, 769
29, 993
All other vegetable oils
do
24, 349
31 026
53 959
33 468
35 449
32 966
82 525
Copra:
23,068
16, 051
18, 028
32, 550
37,665
Consumption, factory
._ short tons
29 524
35, 228
30 262
28 611
19 014
31 031
27 095
25 546
11, 267
4,061
11, 974
10, 070
Stocks, end of month
do.
13, 570
16, 591
12 324
12 900
11 277
17 729
18 786
21, 892
16,456
21,390
24 433
23,507
Imports
do
29, 563
43 529
23 426
19 969
38 517
26 583
29 029
Coconut or copra oil:
Production:
29,564
21, 486
45, 425
22, 632
41, 096
47, 692
Crude
thous. of lb._
38,622
37, 619
34, 491
24,232
36, 332
39,520
32, 318
32, 465
27, 765
41,035
26, 745
38,003
36, 466
Refined
.
do
29 174
31 423
30 958
29 922
26 942
27 041
26 959
Consumption, factory:
48, 315
43, 436
41,119
43 527
56, 545
61, 323
51, 836
Crude
_ .
do
47 818
47 506
42 439
45 998
41 591
44 820
28,306
26, 131
og 344
23, 431
34, 112
35, 858
Refined
do
30, 364
27 401
25 409
27 093
23 201
24 030
23 063
Stocks, end of month:
67,285
56,
707
49,
699
46,974
42,
465
50,718
Crude of
do
45 915
47 506
30 782
36 744
44 552
41 411
38 685
8,899
7,596
7,578
7,616
8,334
8,730
Refined _
do
7,677
7 980
8 415
7 429
8 809
8 241
8 759
7,522
9,777
16, 085
10, 137
14,152
Imports
do
12, 237
11 950
5 298
16 162
19 Oil
10 846
9 069
Cottonseed:
r
14
14
78
Receipts at mills
thous. of short tons
1,170
1, 757
398
1 097
539
28
222
100
38
14
r
218
153
117
Consumption (crush) __ _
do_
521
782
148
719
666
377
550
655
480
266
315
176
137
Stocks at mills, end of month
do
1,035
386
2,010
2,388
1,391
2,261
'614
1,827
949
361
Cottonseed cake and meal:
101, 133
69,838
55, 746
248, 660 379, 384
Production
__
. ._ short tons
70, 059
262 173 231 782 f 181 730 129 515
317 680
310 755
348? 802
57, 870
58, 946
115, 114
45, 104
Stocks at mills, end of month
_ _ do.
81, 857
47, 876
210, 115
155 303
144 420
208 612 r 178 690
194 047
140 897
Cottonseed oil, crude:
72, 082
52, 822
41, 143
Production
thous. of Ib
44,768 156, 459 249, 604
180, 541
231, 827
211, 130
213, 966
165, 269 T' 133, 124
95, 387
96,917
58, 602
162, 946
41, 077
Stocks, end of month
do
103, 809
38, 375
170 739
178 757
178 154
188 505
115 605
149 973
84 671
Cottonseed oil, refined:
100, 080
79, 578
54,023
Production
do
71, 655 173, 856
42, 285
190 034
198 592
185 476
173 738 169 882
159 289
119 424
109, 369
113, 260
90, 150
103, 262 119, 867
Consumption, factory
do
92,727
86 397
95 697
104 450
99 752
90 754
92 053
79 258
28,
784
28,
764
17,
070
32,
434 1 29, 2*8
In oleomargarine
.
do_
23,
978
24 707
25 781
26 480
23' 109
29 016
18 144
17 430
1
1
1
432, 620 401, 400 1361,320
Stocks, end of month
do
318, 006 1 288, 212 343, 165 i 445 493 1 544 572 i 627 573 i 723 763 *811 815 i ggj 275 i 9^6 453
.180
.185
.205
.191
.191
Price, wholesale, drums (N. Y.)*__dol. per lb__
.205
.193
.195
.179
.228
.233
.233
v . 233
Flaxseed:
a
Production (crop estimate) §
thous. of bu._
31 002
Oil mills:
2,083
2,172
1 991
1,580
Consumption
__ __
do
2,903
2,303
2 295
2 699
2 285
1 924
2 627
2 065
1 680
3,059
4 967
3,440
3,346
Stocks, end of month
do
5,461
6 154
3,794
5' 621
3 679
4 355
2 822
2 136
2 (UV>
3.96
4.00
4.01
Price, wholesale, No. 1 (Minn.)
dol. per bu._
4.17
4.08
4.17
4.10
4.10
4.04
3.90
3.95
3.84
3.76
Linseed oil, raw:
41, 647
44, 015
31,860
Production
.thous. oflb
46, 702
24 497
39 027
46,904
58 017
46 016
54 620
51 336
41 300
34 663
43,
685
43, 565
45, 899
Consumption, factory
do
51, 841
54 981
53 608
47 674
42 335
41 602
41 599
43 085
42 864
42 697
638, 021
637, 975
634, 474
Stocks at factory, end of month
do
616, 537 622,
622, 350
079
626 611
634 959
641 675 636 113
643 703
626 180
599'
768
3
.178
3.155
3.150
Price, wholesale (N. Y.)
dol. per lb__
3.156
3.152
.151
». 150
».148
3.151
3.146
3.148
3.152
v 3 . 151
Soybeans:
Production (crop estimate)§
thous. of bu__
1 291 682
19, 682
18, 617
Consumption, factory
do
17, 539
14, 969
17, 549
22, 507
21, 997
21, 397
18, 679
20, 437 ' 19, 201 20, 670
21, 550
28,493
30, 838
Stocks, end of month
do
O4 QQft
22, 339
11 632
9 071
85 496
89 783
79 852
49 613 r 44 764
65 741
55 817
Soybean oil:
Production:
189, 977
Crude
thous. of lb__ 199,002
179, 498
178, 795
155, 632 238, 300
230, 609
226, 935
231,000 200, 412 221, 783 ' 208, 414 226, 293
•tQK QQfi
fM)*} con
181, 249
177, 198
Refined
do
162 158
166 542 199 066
175 008
173 576
198 811 9fl9 QfiQ
171, 244
188, 112
Consumption, factory, refined
do
142, 825
210, 621
187, 729
154, 982
171, 950
182, 331
175, 466
195, 424
190, 474
182, 488
162, 942
Stocks, end of month:
1 Rfl QC-1
197, 473
185, 122
180, 130
Crude
do
136 414
98 287
124 629
139 602
153 674
166 204 156 308
158 194
i nq QKO
126, 720
i f\f\ Q(\A
111, 280
Refined
_
do.
gg' 342
116, 618
124 222
96 020
75 677
73 545
83 716
88 275
87* 118
.144
.174
Price, wholesale, refined (N. Y.)—dol. per lb._.
.174
.156
.151
.170
.161
.168
'.191
!l91
.208
.208
P. 208
r
Revised.
v Preliminary.
i Includes stocks owned by Commodity [Credit Corporation.
2 December 1 estimate.
3 Minneapolis price; comparable data for May 1952 $0 155.
^Revisions for 1950 and for January-September 1951 for production, consumption, and stocks will be shown later.
'
c? Beginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
§Revisions for flaxseed (1946-49) and soybeans (1944-49) appear in corresponding note in the September 1952 SURVEY.




SUEVEY OF CURRENT BUSINESS

S-26

July 1953
1953

1952

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

114 037
25 364

113 421
23' 911

93 279
23 105

89 896
20 817

CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.—Continued
Vegetable oils, oilseeds, etc.— Continued
Oleomargarine:
Production
thous. oflb
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern U. S.)*
dol. perlb..
Shortening :
Production
thous. oflb
Stocks end of month
do_

100 709
15, 839

104, 040
26, 837

68, 695
23, 807

86 564
15 584

125 694
18, 615

123 403
23, 362

105 480
21 694

126 580
23 412

116 840
25 283

.249

.266

.271

.269

1.281

1.284

1.284

1.284

i .284

1.284

1.284

1.284

» !. 284

138, 692
83, 228

142, 749
81, 922

112,624
88, 436

125,114
92, 559

140 171
74, 126

178, 057
86, 653

126, 622
93, 678

131 749
93 668

141 878
87, 976

134 857
97 290

137 161
92 646

141 Q98
108* 894

118 229
127, 912

126 768
44, 620
82, 148

122 571
40, 757
81, 814

111 093
36, 808
74, 285

113 282
40, 974
72, 308

117 831
44, 262
73, 569

120 966
48, 711
72, 255

95 848
40, 552
55, 296

90 563
41, 273
49 290

107 729
42, 960
64 769

106 176
43 788
62 388

121 132
49, 645
71 487

131 114
51 595
79 519

1,770
4,122
485
657

1,713
3,805
453
400

2 013
4,504
377
442

1,998
4,866
439
404

2 223
6,109
581
303

2 852
6,679
589
468

2 345
5,629
506
529

2 659
5,780
556
456

2 360
5,992
610
532

2 575
6,207
593
521

3 348
7^102
706
713

3 184
7,044
659
602

24, 009
23, 959
14, 955
31. 897
29, 326
8,030
17, 341

24, 827
26, 413
15,312
29, 357
28, 507
7,882
17, 467

20, 981
26, 259
11,189
28, 756
24, 342
7, 337
14, 368

26, 850
22, 007
16, 669
29, 582
25, 692
7,572
17, 868

30.996
27, 484
16. 942
32. 764
31, 224
9,488
18, 078

39, 144
37, 919
19, 868
39, 247
33, 936
8,639
21, 728

35, 539
38, 515
18,315
39, 881
27, 644
8,914
21, 274

34, 474
37, 043
20, 473
41, 654
31, 002
7,840
21, 925

35, 305
32, 938
17 883
44, 506
32, 978
8,705
21, 788

32 975
34, 374
16 196
41, 028
31, 228
8 246
21, 304

40 843
r
40, 233
' 20 111
46 721
36, 439
9 420
22, 946

41 551
35, 764
18 498
46, 295
34, 274
8,882
22, 458

41, 510
35 627
25 923
9 705

41,995
35 982
25 694
10,288

30, 239
5, 388
5 882
5,426
456

30, 294
5,688
6,013
5,578
435

PAINTS, VARNISH, AND LACQUER f
Factory shipments total
Industrial sales
Trade sales

__

-

thous. of dol
do _ _ .
do

SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
thous of Ib
Molding and extrusion materials
do. _
Nitrocellulose sheets, rods, and tubes
do
Other cellulose plastics
_ __
do __
Phenolic and other tar acid resins
Polystyrene
Urea and melamine resins
Vinyl resins §
Alky d resins §
Rosin modifications
Miscellaneous resins§

do
do
do
do
do
do
do __

ELECTRIC POWER AND GAS
i

ELECTRIC POWER*
Production (utility and industrial), total
mil. of kw.-hr__
Electric utilities, total
do_
By fuels
do
By water power
do
Privately and publicly owned utilities
mil. of kw.-hr__
Other producers
do
Industrial establishments, total
do
By fuels
- - - do
By water power
- - do
Sales to ultimate customers, total (Edison Electric
Institute)
mil of kw -hr
Commercial and industrial:
Small light and power
do
Large light and power
do__ _
Railways and railroads
do
Residential or domestic
_
do
Rural (distinct rural rates)
do_
Street and highway lighting
do
Other public authorities
do
Interdepartmental
do_
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of dol

37, 065
31, 824
22, 132
9,692

36, 052
31, 525
22, 366
9,160

37, 007
32, 523
23, 785
8,738

39, 752
34, 361
25, 844
8,518

38, 759
33, 376
26, 019
7,357

40, 511
34, 821
27, 797
7,025

39, 351
33, 747
27, 225
6,522

42, 310
36, 452
28, 231
8,221

42, 656
36, 663
27, 402
9,261

39, 165
33, 597
24 603
8,995

42, 993
36, 969
26, 771
10, 197

26, 910
4,915
5,240
4,745
496

26, 451
5,075
4,526
4,141
385

27, 249
5,274
4,484
4,159
326

28, 860
5,501
5,391
5,026
365

28, 619
4,757
5,383
5,067
316

30, 227
4,594
5,690
5,422
268

29, 338
4,409
5,604
5,361
243

31, 343
5,109
5,858
5,537
321

31, 432
5,231
5,994
5,571
423

28, 431
5,166
5,567
5,149
418

31,249
5,720
6,024
5,572
452

27, 178

26, 856

26, 914

28, 781

29, 440

29, 279

29, 364

30,676

31,616

30, 875

31, 664

4,767
13, 669
444
6,679
639
249
691
40

5,046
13, 069
404
6,544
800
236
713
44

5,361
12, 638
396
6,567
994
242
671
45

5, 583
14, 097
401
6,657
1,061
262
675
45

5,501
14, 681
398
6,817
1,015
287
698
43

5,236
14, 823
426
6,950
766
321
714
44

5,185
14, 611
433
7,446
605
341
709
34

5,414
14, 888
480
8,259
525
363
714
32

5,594
14, 810
475
9,081
540
363
720
33

5,411
14, 741
440
8,627
575
327
718
38

5, 345
15, 684
462
8,383
683
325
734
49

486, 460

488, 551

493, 359

512, 716

521, 495

521, 103

527, 280

550, 592

569, 334

557, 643

560, 606

r

GASd"
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
n us na an commercia
o
r

7,336
6,819
512
809
491
308

6,713
6,243
468
540
268
263

6,685
6,212
469
799
492
297

6,552
6,081
467
1,095
748
336

120, 928
86, 277
33, 743

83, 954
57, 416
25, 932

113,191
80, 803
31, 550

146, 648
108, 093
37, 524

18, 145
16, 694
1,433
11, 113
3, 212
7 529

18, 899
17, 441
1,438
9,576
1,329
7,630

19, 545
17, 970
1,555
13. 525
4,126
8,496

19 690
18, 078
1,591
16, 249
6,757
8,855

434 422
236, 113
190 375

315,515
126, 145
176 242

554, 740
305, 859
232 401

756, 107
477, 947
265, 043

Revised.
* Preliminary.
» Based on 1. c. 1. shipments. Data prior to September 1952 are for carlots.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
fRe vised series.- Data are estimated total factory shipments of finished paint, varnish, and lacquer. Figures supersede those shown in the SURVEY prior to the June 1952 issue,
which did not measure total shipments.
§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 and 1951 for electric-power production will be shown later.
cfAll sales data formerly expressed in cu. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue for
1932-44 will be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY; those for the first 2 quarters of 1951 and the first quarter
of 1952 will be shown later.




SURVEY OF CUERENT BUSINESS

Julv 195.-?
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-27

1952
May

June

July

August

1953

September

October

November

December

January

6,621
5, 707
9,606

Fe

£™~

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 gal
Consumption, 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, total cf
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 winos:
Production.
. _ __ .
do __
Tax-paid withdrawals
do
Stocks, end of month _ _
_
_ ..do __
Imports
do
Distilling materials produced at wineries ..do _

7,962
7,381
10, 941

8,975
8,412
10, 962

10, 116
9,266
11, 190

8,634
8,159
11, 126

7,132
7,182
10, 597

6,844
6,852
10, 132

5,787
5,908
9,598

6,686
6,774
9,096

6,191
5,630
9 789

7,683
6,658
10 324

8,167
7,198
10 720

7,791
7, 118
10, 905

11, 642

8,577

6,444

6,453

9,837

20, 691

12, 265

10, 558

10, 321

9 548

12 539

12 116

11,812

14, 602
9,345
940, 432
1,362

13, 120
9,721
937, 156
1,326

13, 141
9,972
932, 414
1,229

13, 428
8,006
929, 033
1,088

15, 324
11, 509
921, 480
1,575

19, 463
15,909
909, 081
2,048

18, 966
15, 013
898, 143
2,360

22, 785
10,216
894, 492
2,204

13 398
8,872
892, 357
1,183

13, 597
9,124
890 328
1,302

14 785
11,311
887 827
1,735

15 277
10, 785
886 619
1,469

10, 799
884, 315

6,793
4,546
769, 996
1,265

4,823
5,026
767, 558
1,234

2,515
4,322
763, 490
1, 141

2,677
3, 980
760, 079
979

3,208
6,204
754, 200
1,443

3, 859
9,053
745, 181
1,826

3,683
8 312
737, 913
2 162

5,782
5, 676
735, 172
1 977

6,836
5 320
734, 248
1 063

6,939
5 307
733, 138
1,185

8,295
6 149
732, 448
1 639

8, 053
5 917
731, 757
1 337

7, 232
5,608
730, 843

7,422
6,469

7,024
6,150

7,590
6,389

5,936
4,785

8,585
7,504

11,446
10,116

11, 536
10, 455

7, 732
6,614

6,103
5 091

6,634
5,721

8,313
7,217

7,683
6 500

7,934
6,659

129
71
1,510
36

102
86
1,515
35

63
73
1, 503
28

100
78
1,518
29

62
112
1,467
40

90
158
1,384
64

1,274

1,640
9,368
181,416
365
126

853
9.120
170, 606
360
155

547
7,980
162, 733
272
1,758

1,741
8,440
153, 728
297
6,870

20, 940
11, 993
162, 350
324
49, 009

66, 382
13,822
219, 565
513
124, 199

134, 980
30, 821
.693

130, 210
68, 616
.690

121, 465
99, 751
.714

108, 320
111, 400
.737

94, 885
111,319
.732

139, 160
107, 525
185, 927
164, 654
1,904

139, 870
109, 780
217,604
192, 920
2,942

121, 925
94, 815
239, 632
211, 477
3,873

112, 370
85, 340
253, 563
222, 933
3,502

.429

.435

.436

36. 920
4,200
369, 500

27, 400
4,750
349, 000

8, 339
264, 340

82
182

151
97

73
68

1,139

1,183

1 178

33

23

1 185

1 343

25,764
12 333
233, 390
589
55, 656

6,622
11 637
225, 069
589
17, 406

2,442
10 303
215, 550
396
2,786

1, 265
9 963
205, 265

1,212
12 161
191, 805
1,075

1 097
11 739
179 567
'486
1 561

89, 575
102, 177
.716

76 420
83, 951
.699

95, 855
72, 723
.678

106 095
85 737
.670

102 770
99, 557
.668

122 895
132, 790
.668

134 330
r 149 876
.659

155, 660
193, 905
658

99, 235
73 905
262, 467
231, 503
6,486

89, 090
63 270
256, 885
225 317
5,939

78, 110
53 290
242 509
210 029
5 699

84,840
55 330
238 803
205 178
4 454

87
58
227
194
6

355
765
499
286
982

85 410
60 010
218, 371
186 776
3,559

105
78
232
201
4

935
855
255
425
912

119 915
93 225
r 262 606
r 231 524
4' 503

149, 720
118, 750
306, 751
273, 610

.444

.465

.463

.457

.431

.427

.422

.411

.407

.408

20,660
3,500
273, 250

21, 200
3,650
277, 300

14, 600
3,250
243, 500

10,250
3,725
208, 000

9,050
3 275
167, 100

10, 100
4 575
171, 750

5 050
170, 600

4 550
160, 000

4 300
201, 750

4 480
243, 500

5 350
322, 600

9,540
392,212

7,975
417, 109

7,482
480, 266

8,354
508, 805

7,190
493, 073

7,519
447 175

8,320
382 563

8,662
313 741

10, 154
262 904

9,489
238 043

7,849
262 319

8,688
366, 926

2,656
8.031

1,528
10, 351

2,321
10, 570

1,665
9,029

1,484
5 764

1 361
12 342

1 071
7 740

365
6 539

2 334
8 956

1,527
7 785

2 423
11 106

1 969
8 827

10.80
6.32

10.80
6.30

10.80
6.33

10.80
6.38

10.80
6.39

10.80
6 40

10 80
6 39

10.80
6 33

6 27

6 21

6 12

5 96

5 92

12, 056
5,061
5.26

11,879
4,972
5.22

11,017
4,439
5.33

10, 238
4,062
5.43

9 126
3,553
5.54

8 664
3 247
5.65

7 891
2 769
5.70

8 389
3 250
5.63

8 706
3 458
5.50

8 533
3 346
5.40

10 100
r 4 059
5.27

10 854
4 522
5.05

12 610
5 435
4.92

11,035
120, 850

13 570
115,875

9 950
85, 300

9 900
70, 650

6 175
50, 590

5 475
45 100

4 840
43 000

5 840
65 950

7 400
78 000

7 150
80 300

8 250
108 700

s 1 nn
124 900

9 200
146 400

16, 761
108, 576

19, 287
150, 593

21, 385
162, 150

23, 963
167, 428

22, 273
153,762

20 212
135, 177

17 009
124, 553

15 181
127, 715

15 411
132, 265

12 844
128, 820

13 311
132, 555

14 930
154, 334

2,842
9,839

5 118
2,303

3 453
3,567

2 921
5,824

2 599
2,515

3 186
3^365

3 695
4,196

3 6Q4
8,851

3 495
2' 706

2 §50
1,690

5 371
2 260

13 391
130,' 487
3091
8 073

.163

.163

.165

.165

.167

166

166

164

163

160

158

I CO

149

86

77
197
96

295
722

101
88
40

478

249
86
39

DAIRY PRODUCTS
Butter, creamery:
Production (factory) 1
thous. of Ib
Stocks, cold storage, end of month
.do
Price, wholesale, 92-score (New York).dol. perlb__
Cheese:
Production (factory), totaltthous. of Ib
American whole milkj
do
Stocks, cold storage, end of month, total do
American, whole milk
do
Imports
_ _ _ _ _ _
do
Price, wholesale, American, single daisies (Chicago)
dol. per lb._
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 lb_.
Evaporated (unsweetened) ___ ._
..do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened")
do
Prices, wholesale, U. S. average:
Condensed (sweetened)
dol. percase..
Evaporated (unsweetened)
do__
Fluid milk:
Production
.
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
__=
Nonfat dry milk solids (human food)
do
Exports:
Dry whole milk
do
Nonfat dry milk solids (human food)
do
Price, wholesale, nonfat dry milk solids (human
food), U- S. average.
dol. per Ib
FRUITS AND VEGETABLES
Apples:
1
Production (crop estimate)
thous. of bu
92 696
~ ~ """
i r97
9 7fi9
9 748
2 g7|
929
Shipments, carlot
no. of carloads
416
2 gso
283
306
1 432
5 578
2 525
Stocks, cold storage, end of month, _thous. of bu__
1,037
282
153
6,221
238
26, 892
24, 941
20, 061
10,775
15,265
6,386 r ' 3, 278
1,355
13, 945
9,744
Citrus fruits, carlot shipments
no. of carloads..
10, 869
5,994
5,136
5,366
6,420
13, 256
10, 915
10, 891
12, 289
11, 256
ll,332
Frozen fruits, stocks, cold storage, end of month
thous. of lb__ 537, 679
580, 264
593, 518
578, 699
556, 897
532, 993
493, 402
455, 479
481, 129
496, 233
463, 915
449, 348 ••441,235
Frozen vegetables, stocks, cold storage, end of
month
thous. of lb__ 301, 739
336, 911 385, 494
463, Oil
530, 091
576, 522
569, 974
534, 933
450, 265
494, 893
419, 899 ' 384, 285 360, 990
Potatoes, white:
Production (crop estimate)!
thous. of bu__
i 347 504
90 ini
10 onn
o" ~
13, 049
Shipments, carlot
no. of carloads
24 091
13 126
on KQA
12 341
16 508
21 536
17 282
Price, wholesale, U. S. No. 1 (New York)
dol. per 100 lb._
5.570
4.844
6.708
7.025
4.792
6.188
5.481
4.971
5.369
5.317
3.969
' 4. 013
4.083
r
Revised.
» Preliminary.
i December 1 estimate.
cfFigures beginning July 1952 exclude production of wines and vermouth; for July 1951-June 1952, such production totaled 91.000 gallons
{Revisions for production of dairy products prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for
condensed and evaporated milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later. Revised estimates for production of potatoes for 1944-49 are
©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 1953
1953

1952

May

June

July

August

September

October

November

December

January

February

March

April

May

FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu.Barley:
Production (crop estimate) t
do
Receipts, principal markets ,_ _ _.
do
Stocks, domestic, end of month:
Commercial
_
do
On farmst
do
Exports, including malt
do
Prices, wholesale (Minneapolis) :
No. 2, malting
dol. per bu_.
No. 3, straight
._
_ do
Corn:
Production (crop estimate) t
mil. of bu
Grindings, wet process
thous. of bu. Receipts, principal markets _- _ _ ._
do. _.
Stocks, domestic, end of month:
Commercial
do
On farms!
mil of bu
Exports including meal
thous of bu
Prices, wholesale:
No. 3, white (Chicago)
dol. per bu._
No 3 yellow (Chicago)
do
Weighted average, 5 markets, all grades. .do
Oats:
Production (crop estimate)!
mil of bu
Receipts, principal markets
thous. of bu_.
Stocks, domestic, end of month:
Commercial
do
On farmsj
do
Exports including oatmeal
do
Price, wholesale,No.3,white(Chicago) .dol.perbu. 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.):
Receiots rough at mills
thous of Ib

52, 903

38,061

29, 169

35, 649

38, 870

45,025

40,261

56, 484
i 227, 008
7,659

7,909

6,172

10, 110

23, 234

11, 264

8,613

8,294

14, 646

14, 861

17,899

16, 967

3,560

5,575

20, 085
132, 890
6,207

18, 989

1,187

14, 798
8
38, 046
880

4,367

1.443
1.234

1.530
1.316

1.612
1.430

1.709
1.648

1.626
1.480

10, 487
17, 358

9,964
20, 041

9,557
14, 293

10, 194
18, 206

40, 813

32, 526
599.7
4, 375

20,772

17, 167

6,859

3,689

2,854

1.842
1.756

1.900
1.830
1.763

1.808
1.735

1.808
1.764

11, 715

9,130

21,604

11,966

588
.908

16, 038
» 245, 772
378
.833

65, 414
35,882

52, 510

39, 287

48,066

38, 306

6,877

7,005

9,402

8,161

7,419
5,960

11, 902

10, 717

1,374

2,161

8,386
57, 396
2,556

7,555

3,829

13,415
99, 177
4,237

1.631
1.545

1.598
1.505

1.612
1. 457

1.581
1.456

1.495
1.395

1.521
1.459

1.538
1.446

1.531
1.387

11,006
21, 567

12. 095
48, 645

10, 769
56, 549

* 3, 307
9,965
33, 489

10, 700
22, 037

10, 336
18, 195

11, 373
21, 403

11, 406
19, 601

11,314
20,621

18, 186
171. 4
5,275

31, 204

60,880

46, 101

21, 740

16,087

7,568

37, 288
1, 466. 4
8,986

29, 840

7,237

62, 039
2, 173. 2
22, 183

51, 032

16,005

1.760
1.716

1,962
1.586
1.571

' 2, 135
1.575
1.569

2,109
1.630
1.597

2.081
1.605
1.573

1.551
1.525

2.095
1.562
1.540

22, 030

10, 705

5,573

4,735

M,268
13, 979

6,708

6,884

6,796

4,714

4,854

24,101

30, 814

21, 592

19, 819

10, 828

319
.865

238
.881

261
.800

12, 734
456, 956
935
.797

11,740

328
.829

34, 204
1,006,932
223
.920

286
.782

.772

61, 946
33, 526

40, 996
36, 124

23,302
41, 993

2

25, 041
791, 661
279
.919

1,096

8,773

1.573
1.557

1.600
1.591

30, 140

26, 546

311
.907

278
.904

12, 593
3,298

177, 837
61, 546

154, 481
66, 808

110, 166
93, 444

88, 012
69, 705

89, 398
78, 442

90, 896
49, 060

72, 663
76, 436

96, 375
63, 242

7,276

12,153

65, 882

107, 170

90, 015

80,077

62, 143

74, 247

48, 063

48, 982

1 108, 133

32, 838

'40,204

30,032

134, 497
258, 115

91, 122
' 194, 651

11. 757
101, 039

Stocks, domestic, rough and cleaned (cleaned
basis) end of month
thous of Ib
Exports
do
Price, wholesale, head, clean (N. 6.)._dol. per lb_.

285, 248
259, 380
.105

153, 772
121, 058
.105

61,979
141,312
.105

51, 859
.105

101, 657
.104

199, 214
.105

149, 231
.106

203, 331
.108

199, 698
.108

80,638
.108

114, 183
.121

113, 180
.124

f.124

Rye:
Production (crop estimate)!
thous ofbu
Receipts, principal markets t
do
Stocks, commercial, domestic, end of month. do
Price, wholesale, No. 2 (Minn.)_ ___dol. per bu__

1,163
2,024
1.928

547
1,278
2.038

2,449
1,568
1.972

1,770
3,210
1.951

815
3,285
1.861

328
2,917
1.914

302
2,698
1.978

1 15, 910
2,470
2,892
1.920

321
2,685
1.831

239
2,254
1.751

240
2,320
1.753

'1,488
3,373
1.614

* 17, 087
1,201
3,627
1.516

23, 399

15, 809

19, 833
264, 327

25, 917

* 769. 9
27, 035

261, 241

265, 465

255, 780

231, 647

272, 551
840, 498
217, 258

268, 135

240, 968

211,909

205, 929

245, 848
101, 691
268, 440
35, 586
32, 491

Wheat:
Production (crop estimate) total!
mil ofbu
Spring wheat
do
\Vinter wheat
do
23, 598
87, 348
Receipts, principal markets
thous. of b u _ _
269 976
Disappearance domestic!
do
Stocks, end of month:
195, 182
208, 850
Canada (Canadian wheat)
_
do
2 255, 594
United States domestic totaled1!
do
2 93, 924
88, 937
Commercial
do
Interior mills, elevators, and warehouses
J 57, 879
thous of bu
Merchant mills
do
—- 22 39, 568
63, 079
On farms!
do
41, 731
32, 205
Exports total including
flour
do
27, 973
38, 563
Wheat only
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per bu.
No. 2, hard winter (Kansas City)
do
No 2, red winter (St. Louis)
do
Weighted avg., 6 markets, all grades _ do

2.485
2.446
2.405

2.505
2.306
2.104
2.350

149, 329

n,291.4
i 238. 6
1 1, 052. 8
23, 372
249, 807

59, 153

43, 666
211, 559

23, 804

21, 383

189, 545

190, 469

237, 465

308, 618

224, 407
1 344, 121
313, 561

242, 463

279, 426

293, 700

276, 075

251,212
1, 103, 275
259, 257

21, 417
17, 232

26,831
23, 385

365, 177
150, 243
510, 819
27, 154
22, 744

33, 051
29, 193

20, 149
16, 146

311, 752
128, 199
399, 412
29, 786
24, 547

34,811
30, 873

29, 298
25, 886

2.547
2.251
2.154
2.314

2.447
2.323
2.211
2.413

2.470
2.409
2.288
2.474

2.504
2.416
2.329
2.519

2.541
2.458
2.306
2.567

2.533
2.445
2.329
2.568

2.490
2.402
2.380
2.530

2.492
2.358
2.355
2.505

2.521
2.395
2.551

28, 151
24, 725

2.529
2.387
2.270
2.529

2.558
2.355
2.145
2.530

Wheat flour:
Production:
17, 695
17, 041
18, 565
17, 351
19, 783
18, 990
19, 177
19, 714
18, 671
19,099
21,081
18, 101
Flour
_
. thous. of sacks (100 lb.)__ 17, 599
78.8
79.0
78.0
73.5
87.3
79.3
88.9
78.2
84.7
82.3
77.5
75.3
82.7
Operations percent of capacity
347, 000
336, 676
363, 955 ' 341, 898
397, 704
380, 119
386, 219
377, 270
396, 826
387, 693
367, 535
352. 881
424, 466
Offal
short tons
40,
904
39,
435
42, 903
40, 103
45, 968
44, 698
44, 107
44, 530
42, 234
43, 458
45, 901
41,096
49, 088
Grindings of wheat
_ _ _- -thous. of bu__
Stocks held by mills, end of month
4,544
4,152
4,834
4,360
thous. of sacks (100 Ib.)..
1,593
1,328
1,471
2,248
1,893
1,690
1,479
1,718
1,656
1,796
1,816
1,360
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)*
v 5. 936
5.855
6.079
5.980
5.765
5.825
5.635
5.505
5.390
5.830
5.630
5.590
5.585
dol. per sack (100 lb.)_.
v 5. 675
5.425
5.675
5.675
5.525
5.525
5.625
5.225
5.375
5.500
5.225
5.325
5.500
Winter, hard, short patents (Kansas City) *_ _do_ _
1 December 1 estimate..
Preliminary..
'2 Revised.
8
Old crop only new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
No quotation.
* June 1 estimate.
JThe indicated grain series have been revised as follows: Production— barley, corn, oats, 1944-49; rye, wheat, 1945-49; rice, 1949; stocks on farms— barley, corn, oats, 1944-49; wheat, 1945-49;
domestic disappearance of wheat and total United States stocks of domestic wheat, 1945-49. All revisions will be shown later.
fRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, see
note marked "t" on p. S-28 of the October 1951 SURVEY.
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 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-29

1952

May

June

July

August

1953

September

October

November

December

January

February

April

March

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 100 lb_.
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 lbHog-corn ratio
bu. of corn equal in value to 100 Ib. of live hog..
Sheep and lambs:
Slaughter (Federally inspected)
thous. of animals..
Receipts, principal markets
do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb_.
Lambs, feeder, good and choice (Omaha).-do

388
392
1,009
966
' 1, 615 1,590
155
152

430
1,100
1,898
185

426
1,135
2,078
338

496
1,215
2,641
563

602
1,390
3,141
1,088

510
1,151
2,379
667

523
1,252
2,023
250

453
1,313
1,877
184

422
1,170
1,609

535
1,299
1,952
119

541
1,371
2,019
146

2,047

21.98
21.19

21.50
19.91

504
1,345

142

33.29
32.06
36.75

32.22
27.21
34.50

32.53
25.24
32.00

32.52
25.17
32.00

32.19
23.57
31.50

32.09
22.76
33.00

31.37
22.31
33.00

28.77
20.50
29.00

26.04

23.41
20.91

30.50

33.50

29.00

'25.50

21.83
19.80
v 27. 48

4,482
2,800

4,259
2,773

3,641
2,268

3,592
2,203

4,290
2,540

5,492
3,099

5,772
3,326

7,251
4,233

6,267
3,571

4,550
2,562

4,962
2,785

4,325
2,358

3,643
2,023

19.61

19.25

19.96

19.98

19.11

18.55

16.76

16.52

17.98

19.39

20.50

21.88

23.54

11.8

11.2

11.6

12.1

11.2

12.2

11.5

10.7

12.0

13.5

13.8

14.2

15.5

939
1,081
141

926
1,048
133

908
1,067
176

1,020
1,455
479

1,243
2,119
722

1, 427
2,228
788

1,069
1,289
319

1,218
1,267
203

1,289
1,295
147

1,190
1,173
113

1,100
1,115

1,015
1,143
121

28.12

28.38
0)

28.38
24.25

28.62
24.63

25.50
23.10

23.88
21.25

22.62
20.50

21.62
19.18

20.52

24.00

25.12
C1)

1,476
1,201
62

1,444
1,161
44

1,418
983
49

1,395
825
50

1,527
696
37

1,819
636
55

1,742
779
59

2,127
1,046
59

»1,038

21,044

65

63

610,297
224,432
1,636

582,712
201, 504
1,531

659,036
171,444
1,666

669,445
167,437
1,240

713,624
184,158
1,150

801, 489
214, 594
1,365

662, 271
252, 306
1,153

735, 078
286, 299
1,319

775,091

701,489

21.73

21.50

22.38

23.12

20.01

20.83

0)

1,572

1,712
a 990
55

1,649
2
929
55

1,537
2
817

826,082

812, 729

52,458
17,493

46,755
15,520

770,875

677,203

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 lb_.
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. per lb_.
Fresh loins, 8-12Ib. average (New York)_.do_._.
Lard:
Production (inspected slaughter)
thous. of lb_.
Stocks, dry and cold storage, end of monthf-do
Exports
do
Price, wholesale, refined (Chicago)_._dol. per lb_.

.559

.540

.534

.559

.562

.556

.545

.514

45,306
16,141

41,392
14,902

38, 601
11,814

43,880
11,318

52,839
12, 553

61, 726
16,002

47, 505
17, 580

56, 616
21, 912

820, 518

819,934

720,191

681, 587

760,409

594,319
727,665
8,655

601, 250
685,033
9,285

525,855
542, 707
10,833

506,990
407, 558
5,892

.531
.550

.569
.535

.585
.552

165,818
184, 595
46,395
.145

160, 274
214,678
29,038
.145

58,058
185,688
.225

1,999

287, 258
877

274, 457
1,272

779, 450

256, 439
1,368

' 234, 891
1,794

.477

.432

.392

61,371
20,816

53,166

58,129

955, 425

031, 841 1,335,205 1,162, 504

816,995

571, 228
290,931
5,673

715,279
234, 894
5,768

765, 850
319, 643
7,386

984, 200
489, 152
8,742

841, 949
595, 546

601, 403
604, 813

9,983

569, 204

8,605

7,745

' 538, 025
5,210

.616
.612

.571
.569

.569
.515

.552
.449

.559
.402

.581
.424

.595
.464

.602
.479

.592
.523

141,823
208,025
32, 421
.140

127,696
167, 718
37, 288
.138

138,047
143,223
26,611
.143

175, 664
111,912
43,043
.143

194,381
136, 610
46, 638
.133

256, 269
210, 994
44, 347
.113

234,448
241,760
50,867

157, 799

241,890

146, 255

.120

45, 881
.125

164, 072
239, 009
39, 862
.135

52, 212
174,040
.218

47, 806
157,045
.215

52, 536
144, 508
.235

64,955
182,786
.245

81, 748
279,191
.225

74, 618
294, 424
.250

70, 745
278, 595
.263

38,884
261,072

34,125
260,606

174,243

.310

.318

.333

5,938
2,037

4,991
1,427

4,431
1,571

4,125
1,140

4,081
1,069

4,371
758

4,480
957

5,037
685

5,441
442

5,328

1,168

2,120

3,184
145,863

3,357
166, 419

2f728
163, 359

2,169
144, 326

1,709
123,661

1,000
95, 333

393
72, 462

153
50, 176

120
34, 980

42, 419

375
65, 201

.359

.404

.553

.553

.631

.560

.489

.454

.443

.495

23, 670

19, 945

209,428
.385

r

650,145

570,190

225.936

40, 675
.135

502,422
459, 842

.567

128,166
200,621

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. of lb_ Price, wholesale, extras, large (Chicago)
dol. per doz_-

39. 046

1

40,934
140,371
.345

6,094

2,131

44,435
123,695

".325

5,872
2,453

r
816
1,451
' 98, 978 131, 255

.497

MISCELLANEOUS FOOD PRODUCTS
54, 335
60. 318
47, 200
Confectionery, manufacturers' sales*_ thous. of doL99, 443
113, 374
101, 012 101, 394
83,063
81, 213
87,060
77,096
13, 522
Cocoa:
28,786
12,977
28,764
9,043
8,705
37, 144
Imports
long tons..
24, 678
13, 272
21, 775
4,210
32, 530
27,425
.378
.381
.354
Price, wholesale, Accra (New York)_.dol. per lb_.308
.333
.340
300
.318
.328
.318
•-.339
. 333
Coffee:
1,024
953
1,455
1,177
Clearances from Brazil, total
thous. of bags_1,601
1,456
1,450
1,453
1,269
1,374
1,160
860
624
566
719
924
To United States
do....
1,045
846
817
893
788
776
757
526
411
691
756
605
579
Visible supply, United StatesJ
do
691
611
529
700
712
776
634
511
1,454
1,228
1,408
1,126
2,205
1,615
1,394
Imports
do
1,815
1,839
2,247
2,149
Price, wholesale, Santos, No. 4 (New York)
.530
.533
.548
.545
dol. per lb_.
.545
.535
.538
.540
.553
.618
.540
.573
.553
Fish:
64,754
72,504
76, 851
Landings, fresh fish, 5 ports
thous. of lb..
54,114
49,126
26, 363
31, 529
20, 492
23, 689
31, 514
34,911
123, 762 152, 396
176, 254 183, 826 j 190,493
Stocks, cold storage, end of month..
.do
200, 944 210, 658 192, 818
119, 099
170, 263
142,040
109,189
113, 581
f
2
' Revised.
Preliminary.
* No quotation.
Excludes lard; comparable figure for December 1952 is 922 mil. lb.
fRevised series. Compiled by the U. 8. Department of Commerce, Bureau of the Census, representing factory and warehouse stocks of rendered and refined lard; data prior to February
1952 will be shown later.
§Series revised to represent quotations for heavy type.
*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate products. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location. Revised data for
January 1949-June 1951 are shown in corresponding note in the September 1952 SURVEY.
JFor revised data for July 1949-October 1950, see note marked "J" 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 1053
1953

1952

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

'4,543

4,388

3,970

3,645

3,320

2,895

2,620

2,170

1,970

2,679

3,801

4,906

4,676

18, 150
673, 682
200, 747

46, 465
503, 896
142, 458

34, 190
617, 564
167, 422

9,971
573, 936
177, 671

91, 126
725, 621
237, 299

602, 545
387, 590
273, 166

732, 540
226, 961
108, 362

388, 838
194 722
123, 853

69, 484
469 755
149, 498

34, 014
398 576
143 730

37, 407
627 988
192, 443

59, 948
854 355
248 129

12, 283
530 430
235, 756

' 596, 353
Deliveries total
do
' 594, 441
For domestic consumption
do
'1,912
For export
do
Stocks, raw and refined, end of month
1,400
thous. of short tons__
31, 620
Exports, refined sugar.
_ .short tons__
Imports:
436, 800
Raw sugar, total
do
310, 072
From Cuba
do
126, 728
From Philippine Islands. _
do...

896, 355
894, 103
2,252

758, 308
755,061
3,247

734, 684
731, 376
3,308

744, 355
742, 146
2,209

680 035
677, 919
2,116

519 868
518 373
1,495

596 070
593 793
2,277

576 630
574 789
1, 841

546 884
545 674
1 210

878 155
876 548
1,607

588 583
587 001
1 582

599 440
597 627
1 813

1,114
28, 369

917
6,116

831
2,525

697
649

1,045
12, 376

1,518
r
625

1,602
527

1,587
377

1,513
10, 356

1,306
441

1,392
685

1,423

359, 836
199, 168
160, 667

356, 970
208, 611
148, 359

346, 907
245, 485
83, 858

305, 205
240, 343
63, 861

124, 473
96, 836
17, 875

120 331
102, 213
9,599

156 891
129, 183
23, 964

269 495
205, 264
58, 542

260 306
178, 519
81, 667

31, 464
30, 664

36, 198
35, 524

38, 106
33, 287

43, 038
41, 012

46, 738
43, 590

40, 675
35, 160

2 618

7 198

350

37, 924
32, 493

dol per Ib

.062

.066

.066

.064

.065

.066

.064

.060

dol per 5 Ib
dol per Ib
thous. of Ib

.492
.085
7,132

.492
.085
7,044

.494
.086
8,482

.494
.086
8,094

.495
.086
9,506

.495
.086
7,430

.495
.086
5,530

.494

Refined sugar, total
From Cuba
Prices (New York) :
Raw, wholesale
Refined:
Retail
Wholesale
Tea, imports
-

do
do

TOBACCO
Leaf:
Production (crop estimate)}:
mil. of lb.
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 Ib
Imports, including scrap and stems
do. . .

0

085

6 931

r
361
r

182
303, 479
55, 438

341 775
274 851
62, 664

28 173
25, 614

46 834
39, 549

55 961
48, 433

.060

.062

.064

064

P 063

.493
.085
10, 466

.490

.489

494
086

v 086

083
7,949

086
10,590

495

11 141

i 2 207

3,828

3,951

4 491

387

362

341

391

3,244

3,410

3 963

3 197

19
179
27, 078
8,978

27, 497
7,987

Manufactured products:
18, 444
18, 892
Production, manufactured tobacco, total. . .do. ..
7,324
7,328
Chewing, plug, and twist
do
7,995
8,456
Smoking
do...
3,109
3,126
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
2,365
3,348
Tax-free
_ __ millions.
34, 511
32, 920
Tax-paid
do
Cigars (large), tax-paid §
thousands ' 483, 475 r 492, 197
Manufactured tobacco and snuff, tax-paid§
' 18, 815 «• 17, 870
thous. of lb_
1,492
1,043
Exports, cigarettes
millions
Price, whosesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination*
3.555
3.555
dol. per thous.

r

18
161

4,493

19
167

19
168

26, 087
8,966

34, 730
9,619

50, 451
9,173

41, 777
9,584

43, 055
8,226

36, 739
7,736

30, 746
8,918

22,900
8,290

41, 020
9,085

51, 103
7,961

16, 319
6,827
7,230
2,263

18, 554
7,011
8,373
3,170

20, 051
7,366
9,406
3,279

21,342
7,936
9,781
3,625

16, 123
6 378
6,843
2 903

16, 369
6,469
6,662
3,237

16, 683
6,394
6,893
3 396

16, 385
6 638
6,639
3,108

17, 947
7 137
7,458
3 352

18, 326
6 935
8,064
3 328

2,833
4,366
4,294
4,325
3,408
33, 837
35, 972
37, 372
34, 950
30, 386
468, 037 ' 492, 613 ' 498, 518 ' 548, 196 ' 528, 081

r

2,859
30, 066
448, 045

T

2,649
32 498
431, 158

2,394
3,856
32, 212
34 105
' 542, 594 ' 469, 164

' 16, 239 ' 18, 455 ' 19, 315 ' 20, 791 ' 15, 653 ' 15, 786 ' 16, 804 ' 15, 480 •• 17, 056
1,329
1,304
1,810
1,266
1,626
1 813
1 244
1 348
1 306

3.555

3.555

3.555

3.555

2,703
31 607
477 520

P 30 791
*506 055

17, 887
1 331

» 17, 717

3.938

r

3.555

3.555

3.555

3.555

3.938

3.938

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins J
thous. of lb._
Calf and kip skins
thous. of pieces
Cattle hides \
do
Goat and kid skins J._ _
_
do.
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins, packer, heavy, 9^/15 Ibs.* dol. per lb..
Hides, steer, heavy, native, over 53 Ibs.* do

12, 771
127
87
2,015
1,565

19, 148
164
133
2,320
4,007

19, 460
211
232
3,416
1,903

16,003
209
75
2,648
2,520

11, 963
194
90
2,804
1,100

13, 759
97
45
2,796
2,059

9,134
142
21
2,381
720

14, 149
182
50
3,771
1,195

12, 429
137
20
3,673
1 392

11, 264
72
38
2, 458
1,431

13, 093
217
41
2,870
1,759

18, 407
123
31
3,055
4 466

.388
.143

.388
.148

.425
.155

.450
.175

.475
.160

.488
.160

.513
.170

.488
.165

.488
120

.550
137

.563
.128

.513
138

».613
v 153

LEATHER
P reduction \\
Calf and kip ... _
thous. of skins
702
684
940
913
768
967
1,045
994
846
936
930
857
1,605
1,910
1,881
1,831
Cattle hide
thous. of hides _.
1,881
2,224
2,102
2,123
1,963
2,006
'2
020
2 132
r
2 971
2,322
2,413
2,588
2,287
2 709
Goat and kid
thous. of skins
2,330
2 802
2 937
2 572
2 985
3 172
2,292
2,312
1,912
Sheep and lamb..- _
. do ...
2,551
2,711
2,942
2,244
2,442
2 215
2 319
2 414
2 368
Exports:
Sole leather:
42
39
25
56
Bends, backs, and sides
thous. of Ib
10
25
75
65
24
82
23
57
35
45
73
Offal, including belting offal .
do
20
51
92
43
13
96
33
76
73
2,134
Upper leather.
thous. of sq. ft .
2,270
2,798
2,440
3,125
2,288
2,818
2,743
2 512
3,000
4 002
2 996
Prices, wholesale:
.705
.705
Sole, bends, light, f. o. b. tannery* dol. per lb._
.670
.695
.710
.705
.690
.685
.705
.680
.690
'.680
".724
Upper, chrome calf, B and C grades, f. o. b. tanr
.805
nery*
dol. per sq. ft..
.848
.873
.890
.928
.987
.938
.955
.968
1.007
1.000
1.013
* 1. 125
r
Revised.
» Preliminary.
1 December 1 estimate.
{Revisions for tobacco (1944-49) are shown in note marked "§" in the September 1952 SURVEY; those for the indicated series for hides and skins (1950) in note marked "}" in the October
1951 issue. Revisions for leather production for January-March 1952 will be shown later.
§Revised to represent data based on number of stamps used by manufacturers, except for the latest month which is based on stamps sold to manufacturers; revisions prior to May 1952
will be shown later.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics', data prior to August 1951 for sole leather and prior to February 1951 for other indicated series will be
shown later.




SURVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-31
1953

1952

May

June

July

August

Septem-

ber

October

Novem-

ber

Decem-

ber

January

Febru-

March

ary

April

May

LEATHER AND PRODUCTS—Continued
LEATHER

MANUFACTURES

Shoes and slippers :{
Production total
thous of pairs
Shoes, sandals, and play shoes, except athletic,
total _
thous. of pairs
By types of uppers: d*
All leather
do
Fart leather and nonleather
do
By kinds:
Men's
do
Youths' and boys' .
do
Women's
do
Misses' and children's
do
Infants' and babies'
do
Slippers for housewear
do
Athletic
do
Other footwear
do
Exports§
^
do
Prices, wholesale, f. o. b. factory:*
Men's and boys' oxfords, dress, cattle hide
upper, Goodyear welt
1947-49=100
Women's oxfords (nurses'), side upper, Goodyear welt
_ 1947-49 =100Women's and misses' pumps, suede split-do

38 932

42 033

45 268

44 872

48, 723

44 968

39, 185

32 659

37, 303

41, 778

40,967

44, 079

40, 193

35 057
4 128

29 080
3 579

32 750
4 553

36 278
5 500

35 336
5 631

37 520
6,559

33, 898
6,295

8 775
1,826
19 419
5,040
2 782
5 638
264
356
386

9 339
1,709
19 446
5 553
3 138
6 442
286
428
433

7 866
1,442
15 580
4 882
2 889
5 668
237
368
346

9 010
1 539
18 028
5 585
3 141
4 161
229
340
305

8,953
1,558
21 718
6,257
3 292
2,946
226
318
293

8,745
1, 515
21, 005
6,298
3 404
3,369
238
298
388

9.125
1,622
22, 945
6,527
3,860
4,059
265
320
468

8,979
1,474
20 765
5, 436
3 539
4,271
279
225
353

108.5

108.5

108.5

109 0

110 3

110.3

110.3

110 3

110.3

110.3

113. 3
112.9

113.3
112.9

113.3
112.9

114.5
112.9

117.1
113.4

117.1
113.4

117.1
113.4

117.1
113.4

117.1
110.7

117.5
110.7

41 436

39, 747

38 520

37, 248

35, 408

33, 946

40, 703

37, 842

31, 536
5,712

30, 735
4,673

29, 938
4,008

36 385
4 318

33 906
3 936

8,462
1,492
18, 973
5,168
3,153
3,626
209
353
352

8,279
1,586
17, 926
4,728
2,889
3,816
181
342
280

7,256
1,485
18, 385
4,393
2,427
4,070
169
335
246

8,986
1,949
21, 910
5,135
2 723
5,249
234
366
331

108.5

108.5

108.5

117.5
111.0

117.5
112.9

113.3
112.9

46 552

44 100

46 341

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 monthdo
Production
_ __
do __
Shipments
do
Stocks, gross, mill, end of month
_ _ d o _ _
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. p e r M b d . 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, 1" 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. itWestern 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, I" x 8"
dol. per M bd. ft_

68, 809
209, 112

61, 137
221, 006

48, 717
183, 140

67 746
200 342

48 534
227 340

40 949
255 581

44 363
241 379

61 470
243 479

54 326
189, 269

62 158
195, 457

47 247
238, 076

58 631
219, 381

3,070
604
2,466
3,048
604
2,444

3,213
614
2,599
3,055
558
2,497

3,247
630
2,617
3,093
569
2,524

3,454
705
2, 749
3,377
656
2,721

3,526
701
2,825
3,520
685
2,835

3 568
692
2 876
3, 594
"720
2,874

3 069
691
2 378
3,07?
708
2,364

2 856
618
2 238
2 877
630
2 247

2 973
658
2,315
3,025
705
2,320

2 941
677
2 264
2,940
738
2,202

3 284
638
2 646
3, 356
783
2,573

3, 516
658
2, 858
3,582
802
2,780

3 200
543
2 657
3,306
701
2,605

7,960
3, 075
4,885

8,118
3,131
4,987

8,272
3,192
5,080

8 348
3,241
5, 107

8 353
3. 256
5,097

8 328
3.228
5, 100

8 324
3,211
5,113

8 304
3,199
5 105

8 234
3,152
5,082

8 234
3,091
5, 143

8 163
2,947
5,216

8 094
2,802
5,292

7 955
2,644
5,311

709
836
738
763
869
32, 418
10, 498
21, 920

766
817
837
786
920
31, 621
7,121
24, 500

884
975
773
726
967
19, 542
8,886
10, 656

835
893
912
917
961
36, 450
12, 369
24 081

890
780
959
1,003
917
18, 856
7,268
11 588

925
756
923
949
892
15 843
7,462
8 381

774
753
785
777
899
14 110
4,156
9 954

823
811
812
764
948
16 455
4 984
11 471

899
888
860
817
991
22, 119
6,783
15, 336

851
921
849
810
1,030
17 815
6,663
11 152

959
925
967
940
1,057
22 393
6,800
15 593

1,032
925
942
978
1,018
30, 276
14, 691
15, 585

814
894
885
863
1,008

r 82. 845

» 79. 009

84. 840

84. 840

86. 303

86. 436

86. 576

86. 576

86. 310

84. 945

84. 665

84. 105

83. 405

124. 942

122. 868

121. 234

120. 418

120. 418

120. 418

122. 051

124. 460

124. 460

125. 105

126. 232

749
296
780
753

752
334
699
714

756
326
735
764

759
365
705
720

776
372
747
769

802
376
787
798

677
372
670
681

599
295
708
676

758
320
767
733

692
350
700
662

752
356
767
746

803
383
830
776

739
376
754
746

1,633
11,018
5,665
5,353

1,618
8,150
1,993
6,157

1,589
6,477
1,928
4,549

1,574
5,985
1,351
4,634

1,552
5,317
1,152
4,165

1 541
4,300
1,104
3 196

1 530
6,163
1,776
4 387

1 562
11,517
1,529
9 988

1,596
9,345
1,327
8,018

1 655
5,821
1 621
4 200

1 709
5,123
1, 139
3 984

1 717

80. 675

«- 80. 487

» 79. 594

1 634
7,379
3,016
4 363

79. 662

78. 815

79. 250

80.260

81. 483

81. 572

81. 921

82. 113

81. 402

81. 180

155. 061

155. 406

156. 068

158. 322

158. 358

158.971

158. 971

158. 971

159. 583

159. 706

609
501
587
571
1,589

680
548
691
633
1,647

739
610
746
678
1, 715

737
656
730
687
1,758

719
675
702
650
1 810

737
657
740
706
1 844

592
614
572
561
1 855

614
628
462
550
1 767

610
670
426
518
1 675

531
657
429
444
1 660

586
643
554
550
1 644

82.28

83.51

83.50

83.54

83.23

81.55

81 31

82.65

83.61

83 64

84 07

231, 160
230, 155
86, 033

269, 066
273, 123
81, 849

224, 756
211 998
92, 747

281, 488
274 449
101 103

292, 489
290 201
102 614

303 863
303 237
103 498

235 439
239 002
99 507

266 521
269 455
96 265

289 083
290 689
97 619

302 975
301 638
99 103

3,575
10, 200
3,650
3,650
9,575

2,850
9,600
3,400
3,550
9,400

4 100
9,700
3,000
3,675
8,900

4 050
9 500
4,000
4 250
8,650

3 450
9 650
3 900
2 950
9,675

3 900
9 600
4 200
3 800
10, 175

3 650
9 600
3' 200
3 350
10, 000

3 800
9 650
3 900
3 650
I0i 200

4 300
9 325
4 000
4 050
lo! 275

4 850
9' 650
3 900
3 550
10, 550

r

••127.049 v 126. 376

159. 360 ' 158. 748 v 156. 716
653
665
676
631
1 709

646
650
629
611
1 727

85 00

p 85 00

339 259
338 115
100 073

351 913
344 257
107 562

333 826
336 625
104 490

4 525
9 900
4 200
4 250
10, 525

5 075
10 350
3 875
4 125
10, 600

4 150
10 450
3 500
4 050
10,100

r

SOFTWOOD PLYWOOD
Production
thous. of sq. ft., f£" 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
T

___

_

M bd. ft
_ do
..do
do
do

Revised.
» Preliminary.
^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 April 1952 (February 1951 for softwoods) will be shown later.
©Revised monthly data for 1948-March 1952 will be shown later.




SUKVEY OF CURKENT BUSINESS

S-32
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

1952

May

June

July

August

Septem-

ber

October

Novem-

ber

July 1953
1953

1

D

ir-|"y

Febru-

ary

April

March

May

LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING—Continued

Oak:
Orders new
Orders, unfilled, end of month
Production
Shipments
.
Stocks mill end of month

M bd ft
do
do
do - _ _
do

84, 306
78, 777
84,953
84, 671
77, 257

64, 926
69, 938
79, 701
77, 844
77, 096

70, 446
66, 775
79, 941
79, 428
77, 609

75, 162
61, 721
80, 074
81, 531
75, 371

81,178
61, 132
82, 021
84, 132
73,260

87 303
57, 998
91, 034
94, 691
69, 603

63,707
50,843
76, 794
74, 393
72, 004

73 232
56,093
72, 716
67, 982
76, 738

87 638
76, 823
72,283
77, 265
69, 323

98 269
86, 161
79, 615
85, 226
62,064

84 222
86,584
84, 371
88, 359
55,268

328, 121 ' 302, 085
24, 012
12, 147
149, 311
136, 349
5,254
10, 846

313, 408
16, 033
181, 185
10, 185

293, 087
17, 417
266, 254
11, 255

89 979
66, 898
78, 157
78, 556
76, 339

65 466
77, 419
77, 825
80, 635
52, 458

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, total
_
short tons
Scrap O
do
Imports, total
. __
'
do
Scrap
do

529, 414
29, 928
99,260
7,635

340, 490
42, 058
92, 539
2,829

223,832
54, 735
89, 559
4,805

302, 079
36, 708
111, 957
7,601

367, 876
21, 991
142, 336
8,024

448, 197
39, 176
221, 304
5,133

387, 319
19, 790
177, 224
11, 767

439, 064
19, 692
205, 599
8,092

6,014
3,034
2,980
5,861
1,263
4,598

2,295

2,201

1,309
6,245
1,272
4,973

1,295
6,590
1,299
5,291

6,127
3,060
3,067
7,027
1,379
5,648

6,477
3,270
3,207
7,045
1,388
5,658

7,007
3,573
3,434
7,033
1,428
5,605

6,676
3,444
3,231
6,936
1,350
5,586

6,820
3,490
3,330
6,910
1,329
5,581

7,008
3,579
3,429
6,632
1,314
5,317

6,499
3,343
3,156
6,722
1,295
5,427

7,321
3,724
3,596
6,569
1,248
5,321

13, 693
13, 769
10, 551

1,552
3,163
8,940

2,783
1,805
9,906

14, 974
15, 992
8,888

15, 912
16, 301
8,500

14, 271
15,588
7,183

9,448
11, 531
5,119

3,260
2,970
5,449

3,387
2,002
6,824

3,214
1,909
8,140

4,113
2,181
10, 031

9,971
10,486
9,516

2,487
1,403
27, 170
22, 611
4,559

1,904
1,544
27, 388
22,904
4,484

14, 368
7,243
34, 137
29,449
4,688

13, 013
8,048
47, 839
41, 699
6,140
1,065

9,295
7,826
51,208
44,318
6,890
1,012

427

0

0

313

8,220
45, 172
39, 055
6,116

8,293
37, 077
31, 967
5,110

7,396
29,949
25, 741
4,207

8,257
22, 065
19, 026
3,039

8,404
r
7, 764
«• 21, 572
'18,816
2,757

Iron and Steel Scrap
Consumption, total§
thous. of short tons .
Home scrap
do
Purchased scrap
_ _ _.
do
Stocks, consumers', end of month, total§
do
Home scrap
do
Purchased scrap
__ do .__

985

906

6,974
3,585
3,390
' 6, 694
1,295
'5,400

r

* 7, 054
p 3, 600
» 3, 454
v 6, 542
v 1, 346
v 5, 196

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 furnaces
do
Stocks, end of month, total
do
At furnaces
do
On Lake Erie docks
-..do
Imports
do
Manganese ore, imports (manganese content)
thous of long tons

12,497
' 6, 950
25, 504
22,230
3,675

860

726

847

14, 389
7,659
41, 532
36, 206
5,326
1,172

576

780

63

47

58

63

64

90

88

157

141

95

96

95

1,459
1,101

1,446

1,410

1,513
1,002

1,451
1,119

1,392
1,233

1,309
1,061

1,316
1,142

594

619

1,333
1,162

1,332
1,136

1,376
1,264

1,306
1,277

699

746

681

576

13, 597
8,358
26,247
23, 198
3,049

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:
Composited1
- _ _. _ -_dol. per long tonBasic (furnace)
__
_
_
do
Foundry, No. 2, f. o. b. Neville Island-. .do

636
432

624

835
502

180, 382
81, 770
51, 476

173, 353
74, 446
46, 511

166, 517
45, 266
29,675

162, 832
63,716
39, 308

168, 367
75, 950
45, 849

168,609
88, 062
52, 922

167, 842
76, 099
46, 708

173,494
80,680
50,485

174, 809
87, 249
53, 272

175, 088
86, 515
51, 963

177, 776
94, 481
57, 025

174, 514
95, 923
57, 757

5,492
5,402

1,068
1,110

1,003

5,831
5,671

6,164
6,007

6,515
6, 510

6,227
6,128

6,510
6,367

6,564
6,478

5,882
5,832

6,677
6,577

6,231
«• 6, 236

6,587
v 6, 831

1,729

1,669

1,689

1,801

1,864

1,830

1,897

1,963

1,852

1,884

1,895

1,876

v I , 867

53.80
52.00
52.50

53.81
52.00
52.50

54.26
52.00
52.50

56.31
54.50
55.00

56.31
54.50
55.00

56.31
54.50
55.00

56.31
54.50
55.00

56.31
54.50
55.00

i 54. 73
54.50
55.00

54.73
54.50
55.00

54.73
54. 50
55.00

54.73
54.50
55.00

54.73
9 54. 50
55.00

150, 232
113, 997
24, 013

158, 392
121, 402
19, 930

165, 155
124, 626
22,610

148, 259
110, 467
22, 287

161, 733
122, 166
25, 972

167, 211
126, 819
26, 752

175, 675
137, 592
33, 156

182, 181
141, 873
34, 364

179, 615
140, 051
34, 035

946

602

630

689

622

607

675

683

Steel, Crude and Semimanufactures
Steel castings:
119, 036
141, 628
173, 635
Shipments, total
_ .
short tons
114, 410
97, 633
132, 129
For sale, total
do
20,752
35,227
30, 455
Railway specialties
. .
do
Steel forgings:1
1, 318, 889 1, 248, 204 1, 289, 597
Orders unfilled, total
do
135, 398
96, 828
155, 840
Shipments, for sale, total
do
114, 271
101, 861
69, 165
Drop and upset _ .
__
.
do
41, 569
33, 537
27, 663
Press and open hammer
do
Steel ingots and steel for castings:
1,627
8,206
1,640
Production
_ _ _ _ thous. of short tons89
18
18
Percent of capacity t
Prices, wholesale:
.0476
.0471
.0471
Composite, finished steel
dol. per lb._
Steel billets, rerolling (producing point)
56.00
56.00
56.00
dol. per short ton._
.0400
.0400
.0400
Structural steel (producing point)
dol. per lb._
Steel scrap, heavy melting (Pittsburgh)
44.00
44.00
44.00
dol. per long ton__

n, 399,969 1,391,998 1, 393, 137
2
120,966
149, 642
178, 475
a 79,535
130, 515
107, 966
3
41 ,431
41, 676
47, 960
8,500

92

9,063

102

9,808

107

1,398,863 1,207,058 1, 206, 550 1, 199, 151 1,197,291 1, 081, 838
180, 538
155, 630
183, 545
183, 709 •• 200, 152
196, 441
133, 851
112, 622
137, 221
135, 682 ' 147, 701 140, 510
46, 687
46, 324
43, 008
48, 027 ' 52, 451 55, 931
9,440

9,691

106

106

9,898

99

8,933

10, 168

9, 546

9,997

99

102

99

100

.0498

.0498

.0498

.0498

.0498

.0498

.0498

.0498

.0498

.0501

59.00
.0420

59.00
.0420

59.00
.0420

59.00
.0420

59.00
.0420

59.00
.0420

59.00
.0420

59.00
.0420

59.00
.0420

p 59. 00
9 . 0440

44.00

44.00

44.00

44.00

44.00

44.00

44.00

44.00

44.00

9 39. 50

6,133
1,964

5,733
2,188

5,396
2,277

4,884
1,892

4,949
2,046

5,174
1,798

5,052
1,670

Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month
thousands
Shipments
_
do
Stocks, end of month
___do
r

7,052
2,117

48

6,406
1,655

35

6,502
1,629

25

34

41

36

28

48

62

63

4,878
1,981

68

4 804
2,068

90

J
Revised.
*> Preliminary.
* See note marked "c?" for this page.
See note marked "V for this page.
©Data beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplated 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.
(^Beginning January 1953, new weighting factors have been introduced and delivered prices eliminated. Quotations comparable with earlier prices may be derived by adding $1.58 (plus a
very small adjustment for any freight-rate increases) to the stated prices.
IData beginning August 1952 are estimated industry totals based on reports from producers whose shipments in 1947 accounted for 98 percent of total shipments; unfilled orders are for
commercial forgings only, i. e., exclude forgings for own use. Data for May 1951-July 1952 are as reported by producers whose shipments averaged 50 tons or more per month; unfilled orders
for this period include captive shipments. Figures for January 1951-July 1952 revised to represent estimated industry totals will be shown later.
J For 1953, percent of capacity is calculated on annual capacity as of January 1,1953, of 117,547,470 tons of steel; 1952 data are based on capacity as of January 1,1952, of 108,587,670 tons.




SURVEY OF CURRENT BUSINESS

July 1053

S-33
1953

1952

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

269, 597
167, 764
101,833
227, 068
1,186
26, 616

252, 084
151, 200
100, 884
215, 587
1,138
24, 696

' 279, 372
r
161, 854
r
117, 518
' 238, 914
1,296
27, 627

301, 665
172, 268
129, 397
252, 822
1,338
27, 772

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— All grades
do
Reinforcing
do
Semimanufactures
__ _do
Pipe and tubes
do
Plates.. _ _ _
do
Rails
_
do
Sheets
do
gtrip_Cold rolled
do
Hot rolled
do
Structural shapes, heavy
do
Tin plate and terneplate
do
Wire and wire products
_
do

277, 629
175, 158
162, 471
239, 311
' 1, 083
30, 241

r

30, 773

423, 894
293, 370
130, 524
388, 040
«• 1, Oil
28, 531

5,947
740
158
305
723
637
133
1,484
140
156
361
334
403

1,250
123
28
55
182
110
11
321
62
33
36
104
85

1,414
130
35
120
152
107
3
425
59
35
29
125
108

6,312
744
188
306
717
680
121
1,567
127
155
428
479
416

6,542
787
181
352
797
649
148
1,639
156
192
386
412
447

7,156
846
197
377
861
709
156
1,819
189
207
412
435
497

6,648
828
153
350
783
679
145
1,714
166
194
416
388
443

7,105
865
211
395
857
720
153
1,843
179
196
422
373
454

7,068
853
146
358
832
714
166
1,851
190
203
418
433
458

6, 533
779
156
335
804
659
148
1,695
167
183
395
373
435

7,437
894
173
415
902
707
168
1,982
205
210
416
448
471

7, 162
838
155
357
880
650
150
2,007
194
206
414
442
447

80, 803
239, 782

77, 476
272, 633

78, 368
318, 763

85, 175
305, 987

76, 882
307, 644

77,312
374, 602

74,639
296, 613

83, 419
334, 147

89, 895
299, 415

92, 649
283, 599

104, 460
350, 094

102, 071
355, 895

105, 464

333, 416
218, 947
114, 469
287, 127
r 1, 022

465, 820
348, 906
116, 914
421, 221
1,126
29, 462

460, 155
348, 500
111, 655
405, 368
1,146
33, 060

355, 31 8
245, 036 ' 256, 739
158, 612
' 240, 136
152, 116
115, 182
92, 920 ' 98, 127
' 306, 570 ' 208, 128 ' 219, 682
1,229
1,138
992
33, 467
24, 875 ' 27, 002

NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary
__.
short tons
Imports, bauxite _ _.
long tons
Price, wholesale, scrap castings (N. Y.)
dol. perlb__
Aluminum fabricated products, shipments,
total d*O
mil. of Ib
Castings O
- -do
Wrought products, total a"1
do
Plate, sheet, and strip
._
_ __do
Brass sheets, wholesale price, mill
dol. per lb__
Copper:
Production:
Mine production, recoverable copper
short tons_.
Crude (mine or smelter, including custom intake)
short tons
Refined
do
Deliveries, refined, domestic
do__
Stocks, refined, end of month
do
Exports, refined and manufactured
do__
Imports, total
do
Unrefined, including scrap
do
Refined
do
Price, wholesale, electrolytic (N. Y.)__dol. per lb__
Lead:
Ore (lead content) :
Mine production
__ short tons
Receipts by smelters, domestic ore.
do__ _
Refined (primary refineries) :
Production
do
Shipments (domestic)
do._
Stocks, end of month
do
Price, wholesale, pig, desilverized (N. Y.)
dol. perlb__
Imports, total, except mfrs. (lead content)
short tons
Tin:
Production, pig
long tons _
Consumption, pig _
do
Stocks, pig, end of month, total
do
Government§
do.__
Industrial.
do
Imports:
Ore (tin content)
do
Bars, blocks, pigs, etc..
do
Price, wholesale, Straits (N. Y.)
dol. per Ib _
Zinc:
Mine production of recoverable zinc
short tons. .
Slab zinc:
Production
do
Shipments, total _ _ _ _ _ _
do
Domestic
do
Stocks, end of month.. ._
_ _ . do
Price, wholesale, prime Western (St. Louis)
dol. per lb__
Imports, total (zinc content)
short tons
For smelting, refining, and export
do.
For domestic consumption:
Ore (zinc content)
do__ _
Blocks, pigs, etc
_.
_ do

.0768

.0725

.0708

.0740

200.2
42.1
158.1
86.5
.383

195.4
39.9
155.5
87.7
.383

184.0
35.3
' 148. 8
86.1
.402

198.8
39.2
159.6
92.2
.402

82, 227

73, 923

76, 284

92, 946
97, 593
105, 860
55, 351
20, 252
37, 172
14, 314
22, 858
.2420

80, 392
92, 151
98, 416
70, 856
18, 347
33,061
26, 338
6,723
.2420

81, 601
96,049
115, 384
73, 657
15, 435
66,380
38, 938
27,442
.2420

33, 824
36, 149

31, 002
32, 962

29, 862
28, 829

45, 546
38, 987
' 28, 544 •• 39, 503
58, 775
58, 190

37, 489
' 49, 705
44, 140

.0750

-0750

.0750

. 0750

.0750

.0825

.0995

.0924

.0838

211. 2
145.4
165.7
95.8
.402

235.5
51.6
183.9
107.6
.402

212.1
46.5
165.6
98.2
.402

232.0
53.3
178.7
103. 7
.402

243.6
55.6
187.9
110.7
.402

240.7
54.9
185.7
109.2
.402

' 273. 7
59.4
214.3
127.1
.429

281.1
61.6
219.4
129.2
P. 429

p . 429

74, 166

74,907

79, 207

75, 730

77, 907

77, 594

72, 367

80, 807

•• 79, 621

79, 807

79,368
95, 366
127, 910
83, 771
14,604
61,122
21,366
39, 756
.2420

82, 426
98, 930
135, 486
71, 456
20, 945
67, 817
25, 605
42, 212
.2420

84, 824
105, 770
138, 759
59, 760
18, 226
59, 910
21, 028
38, 882
.2420

80,436
100, 075
125, 338
69, 237
13, 016
59, 230
24, 016
35, 214
.2420

85, 239
113, 965
143, 088
58, 858
16, 257
70, 300
24, 531
45, 769
.2420

81, 625
108, 010
125, 133
59, 836
8,079
50, 138
23,589
26, 549
.2420

83,653
101, 538
117, 204
60, 944
6, 030
62, 476
33, 320
29, 156
.2497

101, 825
112, 016
113, 462
55,807
8,645
52, 397
20, 496
31, 901
.2929

95,890
112, 660
142, 282
48, 382
6,551
71, 110
39, 573
31, 537
.2990

92, 659
117, 929
146, 815
52, 762

30, 232
32, 393

30,386
32, 919

33, 523
33, 770

29, 160
30,537

29, 542
32, 769

30, 660
30, 697

29, 458
30, 388

30, 715
32, 660

' 31, 137
31, 557

28,905
28, 793

41, 836
41, 269
39, 767

42, 791
'45,818
31,837

51, 521
40, 970
37, 718

49, 806
«• 48, 261
35, 686

48, 651
' 39, 370
43, 560

47, 295
35, 529
52, 760

45,423
36, 811
58,949

47,993
42,242
62,371

46, 729
39, 487
69, 608

43, 187
48, 914
63, 879

.1275

r

1

r

.1573

.1526

.1600

.1600

.1600

.1440

.1416

.1413

.1419

.1350

.1340

.1268

73, 448

67,703

33, 085

40, 202

47, 190

59, 392

41, 305

85, 133

47, 999

42, 102

36, 410

42, 810

1,952
3,751
33, 093
22, 741
10, 352

2189
1,789
26, 301
15, 904
10, 397

2163
1,933
31, 037
21, 009
10, 028

2231
4,553
25, 233
16, 411
8,822

2,732
4,527
25, 273
15, 534
9,739

3,601
5,038
24,815
14, 266
10, 549

4,205
4,615
24, 124
13, 659
10, 465

4,021
4,994
25, 939
13, 265
12, 674

934
7,413
1.2150

3,070
9,951
1. 2150

5,481
6,619
1. 2150

2,378
8,711
1. 2150

1,136
7, 586
1.2138

4,869
6,883
1. 2123

2,177
5,860
1. 2127

3,277
7,180
1. 2147

3,862
7,728
1. 2150

4,101
5,251
1.2150

4,573
6,686
1. 2140

1,915
7,229
1.0111
r

.2968

.9746

62, 663

57, 068

50, 642

49, 482

48, 748

53, 346

48, 899

49, 789

54, 035

49, 506

51, 803

51, 335

46, 839

83, 797
74, 076
63, 701
33, 144

77, 463
47, 265
35, 769
63, 342

76, 930
43, 353
38, 714
96, 919

78, 167
78, 435
72, 963
96, 651

76, 019
78, 129
69, 343
94, 541

80, 588
79, 787
71, 659
95, 342

78, 563
90, 756
81, 439
83, 149

81, 363
77, 352
71, 175
87, 160

81, 994
80, 679
77, 573
88, 475

76, 899
71, 710
67, 729
93, 664

83, 485
77, 285
72, 388
99, 864

80, 459
86, 043
78,211
94, 280

82, 422
84,250
75, 648
92, 452

.1950
104, 188
5,047

.1574
106, 743
2,097

.1500
79,315
832

.1406
9,470
1,164

.1398
14, 976
1,371

.1330
21,322
2,939

.1250
23, 235
2,555

.1250
27, 232
1,532

.1259
27, 586
834

.1148
27, 475
984

.1103
54, 642
4,734

.1100
51, 609
473

.1100

92, 264
6,877

98, 159
6,487

62, 578
15, 905

4,088
4,218

4,454
9,151

6,105
12, 278

7,027
13, 653

3,686
22, 014

6,809
19, 943

7,837
18, 654

28, 020
21, 888

26, 601
24, 535

13, 346
90, 225

16, 962
88, 017

17, 285
79, 487

24,037
73, 627

29, 455
63,833

33, 552
55, 159

23, 087
51, 470

14,088
54, 618

11, 522
60, 568

12, 955
65, 219

10, 990
73, 761

9,286
83, 423

2,145
9,665

2,925
8,782

2,915
7,676

3,974
6,507

4,729
5,032

4,962
4,199

3, 814
3,422

2,591
3,859

2,634
4,044

2,621
4,028

2,435
4,625

1,740
5,310

HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and con vectors, cast iron:
Boilers (round and square):
Shipments _ __
__ __ thous. of Ib
Stocks, end of month
do.
Radiation:
Shipments
thous. of sq. ft__
Stocks, end of month
do
r
Revised.
^Preliminary.
1 See note mark ed

2 Prod uction by detinners Dnly.
"O" foi* this page
cfSee note in June 1951 SURVEY regarding additional reporting companies beginning February 1951. ©Data beginning September 1952 are estimated industry totals based on reports
from a revised sample of 550 establishments; monthly data for January 1951-August 1952 have been revised to bring the estimates closer to the September 1952 shipments based on the new
sample.
§Government stocks represent those available for industrial use.




SUKVEY OF CURRENT BUSINESS

S-34
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953

1952

May

June

July

August

1953

September

October

Novem- I December
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
Water heaters, nonelectric, shipments
do
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans, new orders
thous of dol
Unit heater group new orders
do
Foundry equipment (new), new orders,
net
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
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipmentsf
_
thousands
Domestic electrical appliances, sales billed:
Refrigerators, index
1936=100
Vacuum cleaners, standard type
number_.
WashersO
do
Radio sets, production* _ __
_ _
_ do._ _
Television sets (incl. combination), production*
number. .
Insulating materials and related products:
Insulating materials salesbilled index^[ 1936—100
Fiber products:
Laminated fiber products, shipments!
thous. of dol_ _
Vulcanized fiber:
Consumption of fiber paper
thous. of lb__
Shipments of vulcanized products
thous. of doLSteel conduit (rigid) and fittings, shipments 9
short tons
Motors and generators, quarterly:
New orders index
1936—100
Polyphase induction motors, 1-200 hp:cf
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:cT
New orders
thous of dol
Billings
do

22, 850

17, 851

20,010

21, 197

21 979

20 797

18 859

20 200

26 768

24 737

r

29 828

29 673

41,707
51, 743
74, 183

42, 963
57, 830
72,468

54, 737
67, 044
61, 577

63, 805
84, 620
50, 593

66 080
104, 098
42 993

57 874
119 370
36 076

42 595
72 854
39 324

37 505
53, 243
46 758

37 658
49 026
49 915

43 469
45 345
58 324

38 986
r 56 336
67 262

48 960
53, 904
78 784

179, 496
6,267
163, 446
9,783

192, 540
5,702
176, 405
10, 433

170, 146
7,080
154, 907
8,159

198, 604
8,820
180, 346
9,438

221, 468
9,037
200, 946
11 485

264, 196
9 905
241, 138
13 153

204, 336
7 793
187, 370
9 173

195, 052
8,088
177, 463
9,501

187, 745
8 723
170, 675
8 347

602
205, 872 r 228,
r
8, 125
8 089
187, 702 ' 210, 048
10, 429
10 081

238, 851
7,420
220, 939
10, 492

172, 303
35, 676
76, 324
60, 303

230, 741
40, 963
120, 878
68,900

393, 834
79, 027
197, 680
117, 127

515, 356
132,211
236, 849
146, 296

565, 508
158, 564
241 419
165, 525

659. 965
179, 921
304 169
175, 875

369, 238
118,544
170 365
80 329

189, 009
33, 786
111, 254
43, 969

145, 700
12, 061
57 487
76, 152

124, 334 «• 147, 598
11, 735 »•r 17, 218
60 568 r 78, 544
51,836
52, 031

137, 623
20, 782
72, 366
44, 475

58, 732
32, 239
20, 583
5,910
181, 389

70, 206
36, 627
27, 235
6,344
182,851

78, 266
38, 738
30, 950
8,578
157, 595

105, 410
51, 289
40, 654
13, 467
187, 949

116, 300
54 368
46, 419
15 513
202, 432

126, 754
59 071
51,331
16, 352
218, 582

89, 708
44 947
35 227
9 534
195, 385

64, 102
33, 128
26, 140
4,834
199, 972

57, 778
31 426
22 101
4 251
207, 290

67, 543
55, 368 ' 64, 115
29 815 ' 32, 748 37, 260
26,812
21, 662 r r27, 353
3,471
4, 014
3 891
228, 731
210, 379 r 229, 232

39, 394
11, 891

41, 808
12 223

33, 117
16 625

33 223
14 545

225.2

353.8

343.9

311.6

365 9

335.8

258.1

343.3

301 0

257.3

396.7

303.0

294.4

3,713
3,037

1,552
2,968

2.530
6,703

1,626
5,259

1,412
2,472

2,459
1,520

1,241
2,396

1,634
3,235

1,655
3,540

1,672
3,996

1,301
3,607

1,796
3,017

1.799
2,609

284.6
323.0

342.9
330.8

376.3
259.7

311.1
317.0

302 4
368. 3

243.3
357.8

205 4
342. 5

225.2
355.0

255 8
361 6

282. 1
354.5

' 327. 0
' 375. 9

' 276. 8
'372. 7

1,154

1,725

1,668

2,702

3,220

3,126

1,855

1,274

1,073

763

816

985

138

168

249

172

185

158

116

98

88

81

107
39, 388

42, 621

32, 702

47, 981

31, 079

37, 796

31, 366

21, 191

28, 199

38 234

21, 851

63
20, 142

6,140

7,957

6,299

5,921

5 258

5,534

4,130

6,575

5,752

6,521

8,255

7, 758

1,137

1,535

2,526

2,905

2 874

3,112

2 168

1,162

1,202

' 1, 245

128

192

197

206, 939
281, 635
986, 603

188, 715
209, 901
494, 866

148

222, 413
259, 280
607, 402

136

122

361, 152

198, 921

500

470

216, 969
219, 882
843, 569

309, 375
517

1
1

1,975

1,571

152

147

183

208

P 247. 2
p 359. 0

1,453

237, 541
287, 919
970, 109

292, 474
335, 616
870, 338

188
211
329, 294
268, 548
252. 400
249, 032
254, 297
255, 886
246, 007
353, 972
294, 960
317, 914
295, 393
298, 641
333, 601
282,
453
1,037,864 2 1,498,258 1, 093, 142 1, 192, 439 U,549,203 1, 158, 936 1,108,991

397, 769

i 755, 665

724, 117

780, 486

2 921, 086

719, 234

730, 597

i 810, 112

567, 878

451

531

599

579

655

643

649

694

694

1

481, 936

7,739

7,558

7,597

6,718

8,223

9,110

8,956

10, 196

10, 427

10, 609

11, 072

11,322

10, 268

3,640

3,720

2,179

3,038

3,759

4,160

3,658

4,198

4,466

4,360

4,843

4,701

4,452

1,332

1,296

1,027

1,210

1,380

1,694

1,463

1,671

1,725

1,791

1,895

1,882

1,999

22, 173

13, 422

6,824

16, 225

25, 456

21, 171

20 213

25, 780

21 946

517

463

490

487

36, 446
40, 443

36, 946
35, 210

36, 954
36, 541

41, 127
39, 639

13, 614
9 787

9,269
7 905

8,807
10, 152

7,512
8,858

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. of short tons
Stocks in producers' storage yards, end of month
thous. of short tons_.
Exports
do
Prices, chestnut:
Retail composite!
dol per short ton
Wholesale f o b . car at minef
do
Bituminous:
Production
thous. of short tons._
Industrial consumption and retail deliveries, total
thous. of short tons..
Industrial consumption, total
do
Beehive coke ovens
- do __
Oven-coke plants
do
Cement mills
do Electric-power utilities
_. _-do
Railways (class I)
do
Steel and rolling mills
_ __do
Other industrial
do
Retail deliveries
do
r

3,349

3,244

2,484

2,663

3,705

4,150

3,354

3,130

2,626

2,365

2,284

1,987

2,783

1,149
340

1,264
360

1,447
233

1,420
423

1,314
496

1,300
498

1,479
465

1,668
166

1,674
180

1,623
149

1,635
140

1,611
91

1,608

21.69
13. 456

21.77
13.631

22.38
13. 869

22.54
14. 119

22.92
14. 219

23.77
14. 681

24.00
14. 681

24.69
16. 013

16. 013

16. 013

16. 013

36, 462

31, 437

25, 782

34, 171

46, 885

32, 744

41, 060

42, 723

39, 445

34, 265

36, 250

37, 025

37, 390

30, 751
27, 734
666
7,863
637
7,723
3,075
562
7,208
3,017

23, 683
20, 705
198
3,335
582
7,369
2,569
208
6,444
2,978

23, 510
20, 291
125
3,293
603
7,597
2,342
229
6,102
3,219

32, 635
27, 423
377
8,259
681
8,250
2,722
532
6,602
5,212

34, 503
28, 327
615
8,230
679
8,494
2,852
538
6,919
6,176

38, 864
31, 928
509
8,641
699
9,582
3,128
623
8,746
6,936

36, 967
31,911
556
8,447
725
9,604
3,031
653
8,895
5,056

41, 278
33, 982
665
8,899
786
10, 388
3,046
698
9,500
7,296

41, 424
33, 428
759
8,923
764
10, 170
2,833
679
9,300
7,996

37, 006
30, 113
712
8,067
687
8,877
2,448
617
8, 705
6,893

37, 596
31, 840
840
8,956
709
9,123
2,560
625
9,027
5,756

' 34, 368
' 30, 051
'792
8,583
664
8,618
2,413
559
8,422
4,317

31,952
29, 228
845
8.993
692
8,293
2,334
474
7,597
2,724

' 14. 619 * 14. 619

2
Revised.
* Preliminary.
* Represents 5 weeks' production.
Represents 6 weeks' production.
tRevised series. For revised batteries data beginning 1947, see note at bottom of p. S-35 of the July 1952 SURVEY. Retail prices of coal are weighted averages for large cities. Wholesale
prices supersede former quotations on tracks, destination. Revised price data prior to 1951 will be shown later.
©Figures through 1951 are estimated industry totals; thereafter, data cover reporting companies only (representing about 97 percent of total industry).
*New series. See note marked
"*" on p. S-35. 1 Beginning May 1952, the index includes varnished tubing and saturated sleeving. §Data for 1952 cover 14 companies; beginning January 1953, 17 companies.
9Data
beginning January 1952 cover 9 companies. cfThe number of companies reporting is as follows: Polyphase induction, 34; direct current, 28.




SURVEY OF CURRENT BUSINESS

July 1953

S-35
1953

1952

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

May

June

August

July

September

October

November

December

January

February

March

April

May

PETROLEUM, COAL, AND PRODUCTS—Continued
CO A L—Continued
Bituminous— Continued
Consumption on vessels (bunker fuel)
thous. of short tons__
Stocks, industrial and retail dealers', end of
month total
thous of short tons
Industrial, total
_ do
Oven-coke plants.
_
do
Cement mills
do
Electric-power utilities
_ do
Railways (class I)
do
Steel and rolling mills
_ do _
Other industrial
_.
do.__
Retail dealers
do
Exports
do
Prices:
Retail, eompositef
dol. per short ton
Wholesale:
Mine run, f. o. b. car at minet
do
Prepared sizes, f. o. b. carat minet
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
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton__

92

84

79

76

75

77

76

38

11

9

9

73

79

79, 301
77, 838
16, 799
1,261
34, 545
4,110
1,336
19, 787
1,463

81, 192
79, 556
16, 894
1,412
35, 802
3,996
1,269
20, 183
1,636

79, 359
77, 698
16, 136
1,456
35, 895
3,560
1,195
19, 456
1,661

81, 238
79, 567
16, 066
1,616
36, 797
3,443
1,158
20, 487
1,671

83,298
81,492
15, 728
1,746
37, 722
3,487
1, 236
21, 573
1,806

77, 951
76, 369
14, 437
1,624
36, 393
3,041
1,156
19, 718
1,582

75, 970
74,212
13, 637
1,607
36, 195
2,897
1.085
18, 791
1,758

76, 745
75, 036
14, 430
1,540
35, 891
3,032
1,089
19, 054
1.709

73, 346
71, 857
13, 400
1,362
34, 771
2,973
983
18, 368
1,489

71, 385
70, 110
13, 381
1,245
33,906
2,892
943
17, 743
1,275

70, 235
69, 187
13, 276
1, 106
33, 926
2,764
940
17, 175
1,048

70, 531
69, 473
13, 408
1,057
34, 649
2, 571
922
16, 866
1,058

72, 912
71, 660
13, 897
1,106
35. 880
2,571
935
17, 271
1,252

4,885

4,898

4,014

4,288

3,760

3,010

2,981

2,357

2,207

1,584

1,575

3,150

15.99

16.02

16.13

16.22

16.28

16.54

16.66

16.72

5. 623
6.317

5.629
6. 378

5.640
6. 487

5.640
6.544

5.655
6.680

6.016
6.951

6.028
7.020

6.032
7.064

5.931
7.076

5.923
7.058

5.857
6.853

r 5. 831

r 6. 446

P5.815
p 6. 446

MOO
' 5, 556
201

124
2,361
267

77
2,305
306

248
5,787
317

391
5,784
323

328
6,117
314

356
5,961
311

427
6,264
329

483
6,284
337

451
5,681
324

536
6,299
334

'507
6,032
341

539
6, 283

1,961
1,538
424
158
62

2,557
2,007
550
122
58

3,297
2,479
819
103
53

3,142
2,294
848
98
44

2,838
2,132
706
97
52

2,541
1,957
583
87
41

2,445
1,920
524
96
62

2,177
1,736
441
103
54

2,075
1,672
402
111
51

1, 995
1,641
354
130
43

1,973
1,581
392
140
39

2,009
1,541
467
154
52

2,136
1,606
530

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

14. 750

2,199
158,310
71
152,062

2,017
185, 917
96
204, 762

2,139
188, 868
96
214, 729

1,935
192, 798
99
220, 661

1,677
195, 528
98
210, 510

1,790
202, 044
96
213, 358

1,773
194, 611
98
211, 456

1,690
205, 645
97
215, 504

1,957
203, 214
96
218, 288

1,828
183, 736
94
195, 133

1,807
202, 458
94
217, 073

2, 059
193, 389
91
203, 425

290, 813
72, 875
197, 001
20, 937

285, 964
71,950
194, 525
19, 489

275, 951
70, 352
187, 341
18, 258

264, 368
67, 497
178, 394
18, 477

264, 723
65, 241
181, 580
17, 902

269, 776
66, 084
185,900
17,792

267, 852
68,777
185, 625
18, 450

271, 928
66, 275
187, 852
17, 801

272, 250
65, 902
188, 480
17, 868

273, 589
66, 451
189, 163
17, 975

275, 665
69, 077
188, 897
17, 691

280, 487
71,181
191, 494
17,812

1,718
15, 570
2.570

2,388
17, 601
2.570

1,876
17, 497
2.570

1,966
18, 124
2.570

1,664
18, 306
2.570

1,526
20, 074
2.570

1,805
16, 788
2.570

2,991
20, 141
2. 570

2,211
18,500
2.570

2,011
16, 292
2.570

2,171
20, 221
2.570

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:cf
Gasoline-bearing in U. S., total
do
At refineries
do
At tank farms and in pipelines
do
On leases
-do
Exports
-do
Imports
do
Price (Oklahoma-Kansas) at wells. __dol. per bbl_

2,833
18, 516
2.570 ~"*~2.~m

Refined petroleum products:
Fuel oil:
Production:
30, 432
43, 640
45, 735
Distillate fuel oil
thous of bbl
42, 730
45, 053
45,183
46, 768
47, 379
45, 310
46, 933
46, 157
42, 153
30, 336
36, 827
Residual fuel oil.
_ _ _ _ _ do. _
38, 337
36, 572
37, 321
35, 704
36, 887
40, 351
38, 984
38, 822
38, 931
40, 515
Domestic demand:
27, 867
25, 815
Distillate fuel oil
do.-_
23, 291
38, 533
28, 836
39, 347
60,535
52, 552
47, 176
26, 221
50, 773
63, 778
38, 500
36, 285
37, 027
47, 392
Residual fuel oil
do
50, 395
42, 094
41,267
52, 769
60, 109
48, 531
48, 304
57, 557
Consumption by type of consumer:
3,912
3,717
4,380
7,162
7,152
Electric-power plants^
do _
6,028
8,083
6,087
6,809
7,749
8,523
7,702
5,380
2,463
2,434
2,622
Railways (class I)
do_
2,439
2,621
2,827
1,757
2,618
1,884
2,516
2,055
1,831
6,438
6,156
6,117
6,782
Vessels (bunker oil)
do
6,975
6,774
7,075
7,090
5,924
6,354
6,342
7,403
6,680
Stocks, end of month:
51, 648
65,911
85, 775
120, 721
59, 802
99, 582
116,096
Distillate fuel oil
do, .
104, 257
117, 252
61, 349
80, 655
67, 167
38, 821
45, 688
52, 245
39, 572
Residual fuel oil
do__
53, 052
41, 600
48, 706
44, 178
53, 069
54, 061
56, 200
45, 910
Exports:
2,641
3,613
Distillate fuel oil
_ _ do
2,999
2,306
3,269
3,015
2.949
2,840
2,942
3,091
3,673
2,135
2,500
2,588
Residual fuel oil
do
2,473
1,972
1,502
1,367
1,271
1,583
1,194
1,373
1,724
1,339
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
dol. per gal__
.091
.091
.098
.098
.098
.098
p. 093
.098
.098
.098
.098
.098
.098
1.350
1.150
Residual (Okla., No. 6 fuel)
dol. per bbl__
.950
.900
*> . 850
.850
.900
.900
.850
.900
.900
.850
.900
Kerosene:
9,519
7,084
Production
--_ --- thous. of bbl
11,083
11, 620
13,061
11, 792
13, 434
10, 919
10, 498
11, 135
10, 825
11,313
5,504
5,268
5,883
Domestic demand
_ _ _ _ _ do
12, 230
6,014
13, 884
12, 092
8,256
17, 829
12, 455
17, 066
7,156
19, 614
23, 061
Stocks end of month
do
27, 387
35, 021
32, 401
33, 289
20, 335
26, 842 1 23, 487
20, 468
32, 199
18, 697
950
740
Exports
_- -- - - - - - - do
796
511
525
655
857
377
358
728
358
325
Price, wholesale, bulk lots (New York Harbor)
.101
dol. per gal _ _
.101
.108
.108
.108
.108
.108
.108
.108
.108
.108
P. 103
.108
Lubricants:
3,492
4,855
4,668
Production
_ _ _ _ . _ thous. of bbl
4,857
4,321
4,416
3,596
4,694
4,940
4,271
4,507
4,210
2,525
3,414
3,224
Domestic demand
do
3,343
3,032
2,931
3,229
3,625
2,800
2,993
3,711
3,433
9,610
Stocks refinery, end of month
_ _ _ do_
9,694
9,775
11, 224
9,745
9,869
11, 134
11, 021
9,620
10, 801
10, 561
11, 250
1,448
1,297
1,295
1,054
1,127
919
628
ExportsO
do
1,610
917
938
1,070
890
Price, wholesale, bright stock (midcontinent,
.290
.270
.270
f. o. b. Tulsa)
dol. per gal__
.270
.270
.210
.210
.260
.205
.250
*>.205
.220
.220
' Revised.
» Preliminary.
1 New basis. Comparable data for December 1952 (thous. bbl.): Distillate fuel, 98,895; kerosene, 27,529.
t Re vised 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.
6* In eludes stocks of heavy crude in California.
{Revisions for January-July 1951 will be shown later.
©Excludes "special category" exports not shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reports
from both members and nonmembers of the association. Both private and company brands are included. Radio production comprises home, portable battery, automobile, and clock models;
television sets include combination models. Annual totals for 1924-46 for radios and monthly data for 1947-50 for radio and television sets are shown on p. 20 of the October 1952 SURVEY.
Data for June, September 1952, and March 1953 cover 5 weeks; December 1952, 6 weeks; other months, 4 weeks.




SUHVEY OF CURKENT BUSINESS

July 1953
1953

1952

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:
All types:
74, 485
Production, total
thous. of bbl
98, 340
105, 022
107, 427
104, 977
104 873
Gasoline and naphtha from crude petro86,638
63, 752
leum
thous. of bbl
93, 373
95, 742
93, 663
92 564
16, 796
17, 310
Natural gasoline and allied products-do
17, 669
18, 259
18, 248
19, 605
Sales of 1. p. g. for fuel, etc., and trans6,063
5,608
6,574
6,020
fers of cycle products _ -thous. of bbl._
6,934
7,296
7,398
8,437
8,761
Used at refineries
do
8,938
9 186
9 759
99, 305
105, 307
101, 137
Domestic demand
_
_do
102, 954
100, 095
103 689
Stocks, gasoline, end of month:
112, 232
116, 039
108, 708
110, 750
Finished gasoline, total
do
113, 698
111 770
64,731
60,389
57, 244
57, 180
At refineries
._
_ do .
58, 180
59, 276
7,617
7,934
7,858
Unfinished gasoline .__
do
7,842
8,292
7,293
9,246
10, 035
10, 095
Natural gasoline and allied products-do
9,722
8,925
8,890
975
1,923
2,730
2,203
2,164
2,396
Exportscf - -do _ . _
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
.104
.103
.104
.104
.104
.104
dol. per gal _.129
.129
.129
.129
Wholesale, regular grade (N. Y.)*
do
.129
.129
.205
.205
.204
.203
.204
.202
Retail, service stations, 50 cities
do
Aviation gasoline:
4,906
6,552
6,003
6,988
6,694
Production, total
thous of bbl
7 193
4,339
5,068
5,417
5,977
100-octane and above .
do
5,325
6,191
7,859
7,332
7,311
7,865
8,085
Stocks, total
_
do
8,397
4,422
3,863
3,878
4,470
4,259
100-octane and above
do
4,751
Asphalt:
Production
short tons 1, 009, 500 1,280,700 1, 383, 600 1, 493, 500 1, 475, 100 1, 407, 100
1,660,500 1,436,000 1, 167, 100
967, 500
Stocks, refinery, end of month
-do
755, 800
690,400
Wax:
80,360
96,880
116,200
92, 680
Production __ _.thous. of lb_
105, 000
113, 120
179, 200
179, 760
169, 680
173, 600
Stocks, refinery, end of month
do
168, 000
158, 480
Asphalt products, shipments: t
5,220
5,434
5,160
Asphalt roofing, total
thous. of squares..
5,972
6,765
6,428
Roll roofing and cap sheet:
1,057
1,019
1,077
1,203
Smooth-surfaced
do
1,332
1 438
1,394
1,141
1,160
1,235
Mineral-surfaced
_do
1, 570
1,661
3.022
2,982
3, 121
3,375
Shingles, all types
do
3,526
3 666
133
128
146
163
Asphalt sidings
.
do
195
230
59, 303
52, 459
57, 135
59, 250
Saturated felts
short tons..
61, 432
67, 533

104 894

106 432

i 107 413

i 96 796

i 105 897

i 101 389

93 148
19, 396

94 725
20, 804

2 95 609
3 20. 617

2 86 221
3 18, 408

2 93 963
3 20, 202

2
90 359
3 19, 543

7,650
9 317
91 326

9,097
9 451
95 817

9,082
9 292
89 634

7,685
8 378
86 458

7,787
8 Q30
98 158

7,973
8 088
102 044

121 645
63 809
7,864
8,584
3,447

127 792
70, 581
8,236
7,807
4,645

141 746
79 746
8 772
7,575
2 652

149, 069
87, 232
8,804
7,748
2,349

153 315
89. 513
9,416
8,268
2,513

148 924
84, 695
9,108
8,849
3,239

.104
.129
.201

.104
.129
.203

.104
.129
.203

.104
.129
.206

.104
.129
.208

.104
.129
.206

6 977
5 661
8,451
4 536

7 230
5,853
9,126
4,761

7 020
6 060
9,754
5,241

6,670
5,815
9,425
4,887

7,341
5,942
9,882
5, 168

7,263
6,065
9,601
4,910

p. 104
p. 129
.206

969, 100
712,900
852, 500
748, 700
998 700
707, 300
910, 400 ), 149, 300 1, 368, 200 1, 579, 500 1, 769, 500 1, 904, 200

106,680
156, 520

113, 400
161,000

105, 840
160, 440

99, 680
150, 360

121,800
148, 400

4,241

2,918

3,111

2,966

3,800

943
1,033
2 265
170
52, 472

670
773
1,475
123
40, 598

721
767
1 623
131
46, 292

669
695
1,602
114
43,423

817
886
2,097
105
50,646

118, 720
140, 840
r

5, 161

5,390

1,062
T
1, 078
r
3, 022
120
r
64, 339

1 029
1, 197
3, 164
109
62, 520

PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
. thous. of cords (128 cu. ft.)..
Consumption
do
Stocks, end of month
_do __
Waste paper:
Receipts
short tons
Consumption
...
do
Stocks, end of month
do
WOOD PULP
Production:
Total, all grades
_.
thous. of short tons._
Dissolving and special alpha t
short tons
Sulphate (paper grades) t
do
Sulphite (paper grades) f
do
Soda..
..-do
Groundwood
do
Defibrated, exploded, etc
- do-__
Stocks, own pulp at pulp mills, end of month:
Total, all grades
short tons.Sulphate (paper grades) f .
do _
Sulphite (paper grades) t
do
Soda
do
Groundwood
._
- -do
Exports, all grades, total
Imports, all grades total
Dissolving and special alp hat
Sulphate t
- Sulphite (paper grades) t
Soda
Groundwood

_

do
do
do
do
do
do
do

r
T
r

1,900
2,247
5,234

2,044
2, 127
5,148

2,211
1,910
5,448

2,527
2 209
5,766

2,355
2 104
6,007

2 255
2 351
5 917

2,150
2 224
5 843

2 247
2 131
5 926

2 432
2 367
6 006

2,283
2 148
6 132

2,260
2 405
5 989

597, 539
618, 966
664, 079

589, 727
605, 572
548, 623

550, 030
561,067
536, 811

631, 070
667, 847
501, 402

693, 247
698, 420
496, 775

786 664
775 224
510, 317

685 279
704 127
492, 249

696 981
666 765
521, 737

687 220
708, 058
509, 058

647 080
682, 469
476, 575

742, 150
741, 071
474, 106

r
r
r

1,402
61, 855
724, 682
206, 808
37, 840
203, 259
87, 398

1,323
56,102
690,882
184, 265
33, 893
194, 762
89, 236

1,180
55, 839
607, 453
156, 865
26, 953
181, 974
84, 161

1,381
62, 173
728, 421
196, 340
32, 708
194, 697
83, 646

1,305
60,401
670, 471
186, 823
32, 320
185, 254
84, 958

1,461
65, 441
761, 522
205, 110
36, 628
204 312
92, 331

1,394
59, 762
739, 059
190, 129
35, 173
189 874
93,005

1,348
49, 548
700 304
186, 072
36, 004
197 113
91, 021

1,483
58, 871
784, 840
205, 504
36, 875
210 319
93, 629

1,356
49, 214
715, 468
186, 191
34, 782
192, 325
88, 308

147, 535
36, 416
34, 249
2,170
41, 088

156, 864
38, 813
38, 488
2,640
41, 030

146, 208
35, 867
33, 417
2,563
36, 722

152, 021
42, 955
32, 252
2,425
31, 983

146, 712
42, 769
32, 722
2,321
26, 681

149, 404
42, 786
31, 489
2,282
22, 563

154, 700
43, 809
32, 513
2,641
22, 394

154,327
47, 159
29,111
2,403
25,115

164, 777
46, 920
35, 175
1,861
28,094

30, 131
147, 433
15, 028
59, 365
62, 766
2,229
17, 408

19, 666
133, 599
13, 363
60,681
46, 551
2,197
20,205

9,883
122, 636
18, 053
47, 747
40, 689
1,743
13, 851

14, 861
138, 616
19, 333
50, 814
46,837
2,113
18, 846

11,388
160, 423
19, 833
59, 195
50, 536
2,494
27, 773

11, 560
170 340
25, 579
63, 100
55 096
2,257
23 593

11,712
200 827
23, 787
74, 047
72, 759
2,298
27 107

12, 031
222 780
21, 551
84, 287
90, 924
2,623
22 731

13 489
190 211
19 934
81,119
64 621
2, 560
21 302

1, 987
2 375
5 598

1 875
2 406
5 063

762 156
750, 702
484, 184

723 385
732, 924
473, 084

1,512
56, 401
810, 905
203, 364
37, 084
206, 012
89, 186

1,467
51, 686
' 783, 586
200,232
33, 717
201,951
99, 431

1,515
57, 914
812, 940
201, 416
35, 828
208, 115
99, 650

158, 036
39, 166
32, 592
1,936
31,683

165, 367
42, 186
36, 738
2,190
33, 052

'r 164, 671
41, 427
40, 609
1,711
34, 740

173, 013
41, 965
42, 354
1,348
37, 271

6,228
169 613
16, 415
72, 243
57, 473
2,427
19, 664

10, 449
167 154
21, 025
69, 186
55 693
3,205
17, 278

12, 646
175 608
21, 523
71, 088
62, 430
3,030
16, 694

PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
2,066
2,281
1,762
2,104
2,205
' 2, 265
2,011
2,059
2,027
2,279
1,949
2,263
2,023
thous. of short tons..
987
1,077
869
1,080
977
1,053
1,084
969
1,085
1,029
981
990
992
Paper (incl. building paper)
do .
r
967
942
1,052
1,076
941
1,075
1,056
783
936
1,032
875
997
858
Paperboard _
_
_ _
do
112
128
125
124
109
126
110
126
118
115
119
110
106
Building board
_
do
r
Revised.
v Preliminary.
1 New basis, representing total gasoline production (comparable figure for December
1952
is
107,581,000
bbl.);
comprises
total
gasoline
and
naphtha
from
2
crude, natural gasoline used at refineries, and natural gasoline sold to jobbers, etc. (not shown separately).
Includes unfinished gasoline production (net); comparable figure for December 1952 is 95,097,000 bbl.
3 Excludes benzol, etc.; comparable figure for December 1952 is 20,769,000 bbl.
cf Excludes "special category" exports not shown separately for security reasons.
*New series. Prices are for bulk lots, f. o. b. refineries. Quotations prior to 1951 will be shown later.
^Revisions for January-March 1952 will be shown later.
tBegmriing with the February 1953 SURVEY, data for rayon and special chemical grades of wood pulp produced by the bleached sulphate and bleached sulphite processes have been combined
under the dissolving and special alpha grades. The sulphate and sulphite grades include both bleached and unbleached and represent paper grades only (except sulphate imports for which this
detail is not available). In 1949, production of dissolving and special alpha grades averaged 35,000 tons per month. Data beginning 1950 will be shown later.




SURVEY OF CURRENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-37
1953

1952

May

June

July

August

September

October

November

December

February

January

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) :
Orders, new
_
_. . -short tonsOrders, unfilled, end of month
do
Production
_
_
do
Shipments
do
Stocks, end of month
do
Fine paper:
Orders, new
_ _ _.
do
Orders unfilled, end of month
do
Production
__
do
Shipments
do
Stocks, end of month
do
Printing paper:
Orders, new
do
Orders unfilled, end of month
do
Production
__
do
Shipments
do
Stocks, end of month
__
_ do. ._
Price, wholesale, book paper, "A" grade, English finish, white, f. o. b. mill*. -dol. per 100 lb__
Coarse paper:
Orders, new
short tons,.
Orders unfilled, end of month
do
Production
- __ _. do _ _
Shipments
do
Stocks, end of month
„ _ _ __ __do
Newsprint:
Canada (inch Newfoundland):
Production
do
Shipments from mills
_do
Stocks, at mills, end of month
do. ._
United States:
Consumption by publishers
- do
Production
-_
__do
Shipments from mills
do
Stocks, end of month:
At mills
-do _.
At publishers
.do
In transit to pub-lishers
do
Imports
do
Price, rolls, contract, delivered to principal
ports*
dol. per short ton.
Paperboard (National Paperboard Association):
Orders new
short tons
Orders, unfilled, end of month
do
Production total
do
Percent of activity
_
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil. sq. ft. surface area..
Folding paper boxes, value: t
New orders
1947-49=100..
Shipments
-_.do

740, 502
747, 506
817, 027
803, 031
376, 503

753, 235
729,006
773, 003
769, 654
381, 065

715, 288
768, 806
674, 759
671, 174
384, 550

752, 557
726, 902
775, 723
768,208
422, 465

807, 132
784, 617
756, 433
749, 664
427, 350

892, 616
817, 556
851,888
861,102
418,101

759, 399
765, 444
798, 316
800 447
420, 669

824, 431 'r 886, 474
793, 397 f 817, 728
800,190 r 874, 859
796, 778 r 862, 142
424, 307 437, 021

r
r
r
r
r

91, 140
93, 500
115, 790
109, 550
78,490

89, 628
86, 000
100, 121
96,843
81, 905

83, 848
88, 000
84, 195
81, 323
84,750

82, 938
57, 150
100, 213
98, 080
93,850

91, 582
56 738
100, 268
93 032
99 195

107, 357
52, 824
111,288
111,547
98, 903

92,300
38 408
98, 393
% 903
103, 897

92,205 »• 104, 433
37, 023 Ml 996
95, 799 r104, 212
93, 590
99 460
106, 106 T 110 858

r

261, 286
425, 000
288, 313
285, 851
140, 488

276, 760
423, 000
278, 120
279, 095
139, 500

262, 177
450, 000
238, 014
232, 209
145, 300

258,
422,
267,
264,
140,

666
402
433
517
775

298, 820
465 435
256 921
255 785
141 915

313, 878
487, 440
293, 743
292, 239
143, 419

248, 823
458 860
277, 372
276 152
144, 548

315, 082
486 018
284, 647
287 924
142, 271

r
r
r
r

811, 295 ' 920, 783 859, 000
820, 807 r 865, 259 854, 225
809, 914 'r 882, 601 872, 000
803, 669 876, 332 870, 000
447, 839
439, 583 T 445, 852
100, 91 5 ' 114, 600
42 247 f 49 234
108, 326
99, 778
96 998 T 107 613
109 930 r 110 643

r
r
r

305, 091 r 285, 911 r 339, 405
491 465 rr 495 190 rr 528 013
305 873
282 239
307 094
299 644 r 281 305 r 306 583
147 500 T 148 463 r 148 974

110, 000
51, 250
107, 000
108 000
109, 640
298, 000
524, 000
304, 000
302, 000
150, 974

13.55

13.55

13.55

13.55

13.55

13.55

13. 55

246, 360
140, 000
269, 058
262, 180
84, 000

237, 383
135, 000
250, 159
240, 210
95, 000

221, 930
143, 000
216, 743
212, 740
99,000

257, 062
155 270
256, 307
251 791
130, 250

259
170
245
244
130

527
090
051
705
595

294, 513
184 550
273, 935
280 050
124, 480

263, 053
173 218
267, 705
274 385
119, 232

259, 890
175 106
259, 194
258 302
120, 260

291
180
289
286
123

495, 972
492, 478
173, 681

451, 915
483, 791
141, 805

485, 539
483, 250
144, 094

486, 496
488, 575
142, 015

461 508
462 404
141, 119

502 791
486, 159
157, 751

463 435
498. 987
122, 199

463 377
463,064
122, 512

473 640
467 627
128 525

439 167
408* 610
159 082

484 276
441 512
201 846

480, 316
498, 889
183, 273

480 239
467 656
195, 856

404, 071
103, 440
103, 783

379, 943
99, 080
98, 138

329, 729
94, 192
94, 933

341, 571
97, 831
99,008

379 669
92 301
90 645

425, 981
97, 144
97, 789

416 974
89, 842
90 429

386 627
86 659
83 007

351 775
93 789
93 908

346 035
82 892
83 208

420 956
91 911
94 505

408 874
8S, 194
89 004

429 562
92 405
91 168

8,626
442, 739
79, 028
409, 649

9,568
476, 479
74, 592
459, 005

8,827
532, 297
75, 474
427, 945

7,650
573, 502
86, 444
400, 541

9 306
582,209
77 578
422 887

8,661
561, 016
69, 364
432, 597

8,074
527, 525
97, 206
407,300

11
530,
81
452

11
556
89
391

11
555
93
377

291
508
225
700

8 697
518 985
85 618
422 878

7 887
515, 063
91 272
436 024

9 124
483, 059
69 684

122.00

122 00

125. 25

125. 25

125 25

125 25

125. 25

f 125 25

13.55

726
651
258
263

13.55

13.55

607
022
767
816

13.55

13.55

690 r 264 708 r 296 149
285 r 178 315 r 182 329
853 r 266 787 r 293 058
510 r 266 678 rr 292 135
600 r 123 705 !24 628

285,
174,
294,
293,
125,

» 13. 55

000
300
000
000
625

117.00

119. 50

119.50

880,000
375,000
906,000
82

860,300
352,900
832,800
82

845,800
444, 200
773, 700
71

5,970

5,654

5,550

6,364

6,780

7,518

6,828

6,771

' 6, 363

f 6, 398

' 7, 292

7,059

6,806

142.0
132.7

156.7
140.3

147.5
126.4

162.0
145.3

163.0
158.0

174.1
170.8

146.8
141.6

147.4
147.4

160.7
148.0

154.9
138 4

183.1
158 6

169.4
153.4

162. 5
152.7

1,240
937
303

1,003
754
249

601
472
129

904
699
205

949
796
153

1,118
930
188

1,263
1,034
229

893
709
184

814
629
185

1,031
811
220

1,031
805
226

852
701
151

1,359
1,069
290

44,790
95 260
78 192

47 766
97 730
63 767

45 231
94 151
48 455

50 707
98 627
56 785

r 49 375
r 108 »92
60 574

46 862
113 496

.260

125. 25

125 25

917, 500 1, 065, 800 1, 076, 300 1, 020, 500 1, 077, 600
388,400
453,000
457, 400
459, 900
478, 400
955,600
955, 700 1, 142, 200 1, 004, 900 1,029 100
89
96
96
88
85

971 800
455 100
985 500
91

968 700 1 156 300 1,101 800 1,040 100
459, 800
539, 000
567,500
437 300
973 800 1 072 900 1 071 200 1 073 400
95
96
95
' 95

PRINTING
Book publication, total
New books
New editions ~

number of editions. .
do
do

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons _
Stocks end of month
_
do
Imports including latex and guayule ._ do
Price, wholesale, smoked sheets (New York)
dol. perlb..
Chemical (synthetic):
Production
long tons
Consumption
do
Stocks end of month _
do__
Exports
do
Reclaimed rubber:
Production
do
Consumption
-- do _
Stocks end of month
do

36, 347
63, 988
69, 233

36, 946
72, 995
67,261

32, 760
84, 839
50, 468

32, 941
84, 657
67, 139

39,274
84, 190
51, 465

45, 110
82 861
55 651

41, 749
86, 243
48, 776

.485

.380

.315

.275

.270

.295

.272

61, 368
67, 339
154, 339
2,350

64,040
66,203
151, 324
1,154

58, 992
58, 642
152, 373
1,499

59, 214
61,214
150, 254
1,921

58, 352
66 668
141,837
1 573

62 553
73 963
133 042
1 525

60 540
66 240
123, 745
1,148

65 740
71 635
118 987
1 323

69 482
72 810
117 875
1 487

66 970
68 888
114 099
1 264

23, 142
22, 314
40, 169

21,079
21,850
38, 973

16, 213
18, 354
36, 287

17, 131
20,548
32, 224

21, 732
23 131
31 430

27, 405
26 830
31 463

22,684
22, 896
30 176

25 606
24 300
30 664

26 784
25 356
31 244

24 373
24 098
30 631

' 7, 429
fT 7, 442
2, 718
4,624
MOO
13, 263
108

r

7, 357
' 8, 999
' 2, 616
' 6, 254
••129
r
11,650
107

r

7, 092
' 7, 141
'1,187
r 5, 837
117
11, 647
140

r
6, 928
r
7, 983
r
l
633
r

r

r 7 920

142
'9 963
154

8 635
'7 888
3 200
'4 574
114
10 821
95

r
7
r

6, 218
'132
10 637
159

r
7 387
r
S 044
r
2 827
T
5T 075

95

8 238
7 882
3 004
4 794
84
14 118
86

«• 5, 793
r
5, 348
11, 493
63

rr 5, 555
6, 056
r
11, 049
83

' 4, 782
M 499
11, 223
134

' 4, 860
r
5 423
10, 627
79

' 5, 389
r 5 981
r
10' 304
104

«• 6, 217
r 5 892
10' 386
55

'5,115
r 4 573
10 910
60

«• 5. 642
r 4 863
r 12 036
48

6,130
7 538
10 169
46

.305

.290

.300

.244

p. 250

81 408
82 952
77 903 r 77 221
116 089 r 122 041
1 713
1 500

85 302
72 309
132 066

27 699
27 334
30 280

r 28 714
r 26 483
T 31 263

26 620
25 213
31 751

g 236
7 243
3 263
3 895
' 85
15 295
121

9 407
8 256
3 570
4 598
87
16 456
96

9 262
8 913
3 798
5 001
115
16 872
112

8 9879
8 94
3 200
5 604
139
16 973

6,428
6 364
lo' 308
' 49

7,470
6 555
11 242
69

7,544
r g 760
12 155
80

6,940
6 586
12 592

TIRES AND TUBES
Pneumatic casings :J
Production
Shipments, total
Original equipment
Replacement equipment
Export
Stocks end of month
Exports©
Inner tubes:J
Production§
Shipments!
Stocks, end of month§ _
Exports

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

r

do
do
do__
do

361
5, 820
2 665
••3 069
86
12 272
85

r 6 214

2 916

r 3' 161

'l37

r 14 HO

Revised.
*> Preliminary.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
tRevised series, reflecting use of new base period; data prior to February 1952 will be shown later.
^Revisions for January-April 1952 are available upon request.
©Excludes "special category" exports not shown separately for security reasons.
§ Includes data for motorcycles.




SURVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953

1952

May

June

July

August

1953

September

October

November

December

January

February

March

April

May

STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS

161, 544

157, 412

160, 795

174, 449

182, 612

176, 845

164, 085

168, 910

184, 754

193, 830

206, 348

178, 323

21, 829
92
23, 282
23, 220
9,513

20, 748
90
25, 067
18, 896
8,578

21, 342
90
25, 084
15,158
7,548

23, 573
99
25,915
12,819
6,262

23, 010
99
26, 240
9,584
5,352

24, 181
101
27, 222
6,546
4,360

22, 048
95
19, 771
8,823
4,329

20, 881
87
13, 740
15, 957
5,385

18, 855
79
13, 520
21, 294
7,445

17, 325
80
14,155
24, 464
8,899

20, 215
84
20, 813
23, 865
9,706

21, 802
94
20, 891
24, 776
9,556

23 399
97
22. 924
25, 248
9,215

489, 779
479,409

510, 226
504, 459

538, 183
530,377

531, 547
512, 135

530, 990
527, 147

546, 446
551, 040

471,331
440, 700

436, 508
383, 597

391, 241
353, 088

377, 166
375, 051

447, 707
439, 031

485, 905
495, 613

Coated abrasive paper and cloth, shipments -.reams. . 168, 174
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

CLAY PRODUCTS
Brick, unglazed:
Production J
thous of standard brick
Shipments t
do
Price, wholesale, common, composite, f. o. b.
plant f
- _.dol. per thous.
Clay sewer pipe, vitrified:t
Production
short tons
Shipments
do
Structural tile, unglazed :$
Production
do__ _
Shipments
do

27. 217

27. 217

i 27. 409

27. 409

27. 409

27. 409

27. 409

27. 409

27. 409

27. 410

27. 577

128, 020
134, 221

143, 426
145, 603

132, 061
142, 566

136, 595
146, 934

145, 012
150, 341

151, 052
160, 498

130,019
120, 236

135, 309
98, 131

113, 227
94, 920

124, 673
106, 651

143, 156
136, 741

142, 147
135, 874

84, 209
82, 285

86, 470
83, 994

91,836
87, 251

85, 434
87, 976

82, 911
83, 338

82, 736
88, 572

73, 216
73, 326

78, 823
66, 270

81, 541
63, 050

73, 976
68, 020

79, 890
74, 735

80, 799
80, 474

10, 220
9,888

10,080
9,607

10,042
9,735

10, 700
11, 126

10, 100
9,688

10, 704
10,119

8,837
8,253

8,250
7,889

9,293
8,602

9,000
8,510

10, 680
12, 170

10, 291
9,242

' 27. 789 P 27. 789

GLASS PRODUCTS
Glass containers:
Production
thous . of gross . .
Shipments, domestic, total
do
General -use food:
Narrow-neck food
- - do_
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) ,-thous. of gross..
Beverage (returnable and nonreturnable)
thous. of gross..
Beer bottles
do. _.
Liquor and wine
do
Medicinal and toilet
do_
Chemical, household and industrial
do_ ._
Dairy products
do
Stocks, end of month
. do_ .Other glassware, machine-made:
Tumblers:
Production
thous. of dozens
Shipments
do
Stocks
-. _ -. do
Table, kitchen, and householdware, shipments
thous of dozens

11, 002
10, 504

1,216

915

892

1,186

1,464

1,220

722

653

862

825

1,293

1,006

1,284

2,767

2,706

2,733

3,210

2,736

2,818

2,200

2,109

2,485

2,403

3,266

2,308

2,909

977
955
940
2,064
735
233
9,871

1,123
1,198
852
1,860
739
214
10,060

1,073
1,244
905
1,834
788
264
10, 107

783
1,257
1,120
2,313
928
327
9,449

476
768
1,035
2,111
772
327
9,594

666
570
1,380
2,298
859
307
9,854

312
530
1,387
2.096
742
264
10, 106

484
714
961
1,927
756
285
10, 167

385
535
911
2,356
808
260
10, 427

497
572
929
2,270
804
212
10, 677

828
883
1,418
3,071
1,102
308
8,970

1,033
967
906
1,869
925
229
9,741

1,149
1,111
1,040
1,984
816
210
9,909

4,537
5,329
9,073

4,831
5,491
8,349

4,966
5,245
8,023

5,833
5,181
8,628

3,816
4,050
8,389

5,696
6,012
8,035

5,191
4,693
8,431

4,960
4,428
8,911

5,975
5,399
8,724

6,387
5,541
9,566

6,778
5,908
10, 230

6,029
5,886
10,582

3,504

2,908

2,945

3,354

3,308

4,374

3,666

3,295

3,652

3,656

3,667

3, 649

GYPSUM AND PRODUCTS
Crude gypsnm, quarterly total:
Imports
thous of short tons
Production
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
TJncalcined
short tons
Calcined:
For building uses:
ICeene's cement
All other building plasters
Lath
Tile
Wallboardcf
Industrial plasters

do
do
thous of sq ft
do
do
short tons

734
2,067
1,720

1,218
2,164
1,846

716
2,033
1,723

444
1,863
1,718

559, 966

603, 095

610, 738

608, 516

494, 822
14, 045
143, 059
589, 300
6,670
830, 644
61, 426

533, 226
13, 337
165, 283
645, 548
6 265
902, 174
58 438

424, 371
12, 125
161, 130
570, 922
6 507
935, 541
65, 195

411 877
12, 963
168, 692
579, 491
4 730
926, 229
66, 339

_

TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
. .__ thous. of dozen pairs, .
Shipments
do
Stocks, end of month
- _ _ _ do.-

13, 312
12, 250
29,129

13, 132
12, 643
29, 774

r

11, 794
11,726
29, 843

13, 907
14,470
29, 279

14, 104
15, 184
28, 199

15, 687
16,819
27, 067

13, 987
15, 118
25, 935

13, 342
12, 949
26, 399

14, 360
13, 555
27, 204

13, 857
13, 724
27, 350

14, 304
14, 356
27, 291

14, 077
12, 862
28, 532

13, 260
11, 192
30, 608

COTTON
Cotton (exclusive of linters) :
Production:
2
176
1,413
5,716
10, 786
Ginnings§
thous. of running bales
13, 420
14, 715
13, 988
14 951
Crop estimate, equivalent 500-lb. bales
2
thous. of bales..
15,
136
747 739
674, 773 3 697, 637 744, 383
Consumption!
__
bales . 686, 951
736, 248 8 915, 593 759, 737
772, 176 3 905 071
697, 984 s 893, 806 765, 778
Stocks in the United States, end of month,
3,449
4,366
2,789
15, 704
13, 422
16, 667
14, 503
totalf
thous. of bales 12, 373
9, 163
11, 093
10 164
8 111
7 109
4,280
3,370
14, 452
2,720
16, 600
15, 646
13, 371
12,317
Domestic cotton, total
_
do
11,019
10, 086
9,079
8 026
7 Oil
401
527
13, 991
4,495
220
10, 720
On farms and in transit
do
6.550
2,967
1 882
1 362
820
711
601
2,372
1,783
1, 502
1,795
6,644
3,977
7,437
7,779
6,366
Public storage and compresses
do
7,442
6,906
5 491
4 691
1, 380
1, 186
999
814
949
Consuming establishments
do
1,439
1 258
1,571
1,892
1 695
1 819
1 817
1 719
86
79
51
69
66
51
55
Foreign cotton, total
do
58
84
74
78
94
97
r
s
Revised.
v Preliminary.
1 Specification changed; earlier data not strictly comparable.
'Total ginnings of 1952 crop.
Data cover a 5-week period.
^Revisions for January-July 1951 will be shown later.
fRevised series. Data beginning 1947 will be shown later.
concludes laminated board, reported as component board.
§Total ginnings to end of month indicated.
IData for July and October 1952 and January and April 1953 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
NOTE FOR MILL MARGINS SERIES, p. S-39. The method of compiling average mill margins has been revised to incorporate new constructions, similar to those formerly used
which are no longer being made in quantity, and to substitute "landed" raw cotton prices (Memphis territory growth) for the 10 spot market quotations. Revised data for August 1950 through
1951 will be shown later.




SURVEY OF CUREENT BUSINESS

July 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-39
1953

1952

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 (farm), American uplandl
cents per lb-_
Prices, wholesale, middling, $i&", average, 10
markets
cents per lb__
Cotton linters :^
Consumption
thous. of bales
Production
_
do
Stocks, end of month
do

315, 842
373
36.0

264, 418
4,367
38.0

48, 116
6,865
37.0

106, 853
7 797
37.9

240, 501
10, 909
39.1

296, 025
7 735
36.8

337 208
12 362
34.1

465, 966
33 268
31.7

291, 829
25 322
29.8

259, 247
27, 055
30.2

246, 467
12 495
31.5

208, 208
33, 122
31.5

31.7

38.6

40.4

39.4

39.4

38.9

36.7

34.8

33.1

32.5

32.9

33.2

33.0

33.4

97
70
••601

99
46
541

i 80
i 36
532

95
46
528

88
168
578

i 108
i 256
706

109
233
837

114
211
901

i 111
i 207
1,047

110
174
1,079

137
152
1,097

i 128
' i 119
'11,126

63, 442
1,295

2,264
54, 136
1,251

54, 291
2,532

63, 315
1,529

2,325
61, 830
3,976

70, 866
6,433

67, 119
3,271

' 2,539
58, 627
7,634

54, 784
3, 647

51, 858
2,773

2,610
48, 627
6,295

55, 304
6,887

24.55
42.7
16.0
16.5

22.88
40.7
16.8
16.5

25.39
40.7
17.4
17.0

26.83
40.7
18.4
17.5

29.72
40.7
19.3
17.8

32.55
40.7
19.3
17.8

33.05
40.7
18.3
17.8

34.12
40.7
18.5
17.3

34.40
40.7
18.3
17.1

33.92
40.7
19.3
17.0

32.52
38.8
18.6
17.0

32.01
38.8
18.4
16.9

31.98
P38.8
P18.4
*17.2

.730
.991

.727
1.006

.733
1.022

.742
1.045

.767
1.080

.762
1.082

.745
1.075

.728
1.047

.709
1.018

.702
1.018

.692
1.014

.690
1.002

P. 678
v. 995

20, 834
19, 513
8,110
416
7,532
112.0

20, 770
19, 453
8,700
435
8,102
117.3

21, 325
19,948
i 9, 112
380
i 8, 501
i 102. 2

21, 398
20, 000
9,516
476
8,870
128.1

21, 432
20, 041
9,768
501
9,134
135.1

21, 612
20, 215
i 12, 341
499
i 11,525
i 134. 8

21, 583
20, 180
9,870
506
9,219
137.0

21, 632
20, 290
9,183
483
8,637
130.9

21, 680
20, 314
i 12, 282
501
i 11, 521
i 135. 7

21, 622
20, 277
10, 179
518
9,561
140.2

21, 575
20, 221
10, 251
513
9, 635
139.5

21, 259
19, 926
1 12, 353
501
i 11, 608
1 136. 7

21, 377
20, 013
10, 133
507
9,489
138.6

66.8
24.2

75.2
27.2

83.1
26.9

84.7
28.0

81.0
26.7

75.0
24.1

73.6
26.8

71.2
25.1

77.9
24.2

71.9
19.0

81.8
22.7

79.1
24.6

82.1
26.8

90.0
17.8
3,864

78.8
15.2
3,902

65.1
15.9
3,995

57.7
15.0
5,960

54.9
15.5
5,010

58.4
17.8
3,872

59.1
15.9
3 687

64.4
17.4
3,691

64.0
18.8
5 503

62.9
16.4
6 260

61.2
16.4
10 892

60.3
22.9
11, 201

58.2
25.9

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.366

.780
.366

.780
.366

.780
.366

.780
.366

p. 780
v. 351

131
83
1,063

COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods
over 12 inches in width,
production quarterly d"1 mil of linear yards
Exports
thous. of sq. yd_.
Imports
do
Prices, wholesale:
Mill margins t
cents per Ib
Denim, 28-inch*
cents per yd
Print cloth, 39-inch, 68 x 72* _
do...
Sheeting, in gray, 40-inch, 48 x 44-48* _.do ___
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:*
20/2, carded, weaving
dol. perlb__
36/2 combed, knitting
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 _ __
RAYON AND ACETATE AND MFRS.
Filament yarn and staple:
Shipments, domestic, producers':
Filament yarn
mil. oflb
Staple (incl. tow)
do
Stocks, producers', end of month:
Filament yarn
do
Staple (incl. tow)
_ _
do_
Imports
thous of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. per Ib
Staple, viscose, l^s denier
do
Rayon and acetate broad-woven goods, production,
Quarterly rf
thous of linear yards

406, 372

r

460, 958

r

499 331

501 072

SILK

Silk, raw:
Imports
thous oflb
Price, wholesale, white, Japanese, 20/22 denier,
87% (AA), f. o. b. warehouse?
dol. perlb..

861

1,275

967

893

1,363

1,071

716

1 032

901

585

640

573

4.90

4.95

5.23

5.43

5.43

5.47

5.43

5.45

5.55

5.56

5.53

5.05

25, 472
8,072
30, 633
22, 685

27, 284
5,644
24, 825
17, 762

i 31,350
i 6, 380
31,013
21,900

30, 432
9,044
26, 979
18, 936

30, 872
10, 548
28,118
17, 786

i 38, 025
i 12, 860
64, 994
48, 714

28, 420
10, 920
20, 316
10, 051

26, 984
11, 688
29, 686
15 366

i 34, 360
i 13 690
40, 894
21 342

29, 564
12 656
28, 487
18 443

30, 000
12 812
31, 569
17 254

i 34, 480
i 14, 320
29, 791
19, 489

2 1. 594
1.105

2 1. 600
1.105

1.627
1.122

2 1. 660
1.144

2 1. 596
1.120

1. 665
1.168

1.725
1.225

1. 725
1.225

1.725
1.225

1.725
1.225

1.722
1.185

1.737
1.201

1.752
1.194

1.425

2 1. 425

1.425

2 1. 425

2 1. 425

1.675

2 1. 725

2 1. 725

2 1. 750

2 1. 775

2 1. 775

145
1,647
16

145
1,743
20

130
1,528
19

163
1,727
20

166
1,811
19

169
1,893
18

165
1,880
18

159
1,935
17

160
1,867
18

169
1,932
17

r
155
1, 875
16

142
1,801
16

114
51

73
40

56
27

113
46

134
52

138
54

139
52

144
56

138
47

163
54

164
56

144
51

73, 319
r 92 363
152

69, 683
82 515
148

*5.12

WOOL
Consumption, mill (clean basis) :^
Apparel class
Carpet class

thous of Ib
do

Imports olpfm nnntfmtA
do
Apparel class (dutiable) clean content*
do
Prices, wholesale, raw, Boston:
Territory, 64s, 70s, 80s, clean basis
dol. per l b _ _
Bright fleece, 56s-58s, clean basis
dol. per l b _ _
Australian, 64s, 70s, good topmaking, clean basis,
in bond
dol per Ib

2

1. 535

2

1. 625

2

r

WOOL MANUFACTURES
Machinery activity (weekly average) :1
Looms:©
Woolen and worsted:
Pile and Jacquard
thous. of active hours
Broad
do
Narrow
do
Carpet and rug:
Broad
do
Narrow
do
Spinning spindles:
Woolen
do
Worsted©
do
Worsted combs
._
do
Woolen and worsted yarn:
Production total!©
__thous. oflb
Knitting^
__
..do _
Weaving except carpet^
do
Carpet and other^f
do _
Price, wholesale, worsted knitting yarn, 2/20s50s/56s, Bradford system
dol. per lb._
r

67, 772
70, 404
120

69, 696
78,524
131

61, 138
68 504
120

73, 806
83 377
149

75, 293
86, 475
155

74, 918
86 856
154

74, 495
83 067
141

71 199
81 630
146

69, 128
81 597
147

51,056
6,036
34, 204
10, 816

50, 205
6,563
36, 844
6,798

i 54, 200
i 7, 455
i 39, 585
i 7, 160

55, 340
7,960
37, 208
10, 172

57, 832
7,608
38, 016
12, 208

i 72, 190
i 8, 980
i 47, 705
i 15, 505

56, 480
6,888
36 580
13,012

54, 448
5,772
35 076
13, 600

i 64 560
i 6, 970
i 42 175
i 15,415

2.098

2.128

2.146

2.164

2.134

2.122

2.122

2.122

2.122

T

74 241
91 448
160

r

57 148
6, 488
36 320
14 340

r 57
7,
T 35
14

T

2.110

940
116
576
248

i 169 940
9, 185
i 43 635
1
17 120

2.122

«• 2. 134

* 2. 146

Revised.
» Preliminary.
i Data cover a 5-week period.
2 Nominal price.
tRevised series. See note at bottom of p. S-38.
JData for July and October 1952 and January and April 1953 cover 5-week periods and for other months, 4 weeks; stocks and number of active spindles are for end of period covered.
(^Beginning 1951, production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool and rayon and cotton fabrics produced on woolen and worsted looms (which cannot be distributed between cotton and rayon goods) amounted to approximately 73 million yards in 1950.
*New series. Wholesale prices are compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 (except for cotton yarn and sheeting) will be shown
later. Imports of wool are compiled by the U. S. Department of Commerce, Bureau of the Census; dutiable wool covers essentially the apparel class; data prior to April 1952 will be shown later.
9 Substituted series. Data beginning January 1950 will be shown later.
O Beginning 1951, looms weaving fabrics principally wool by weight.
Almports of unmanufactured wool converted to a clean-content basis; imports were formerly shown in actual weight, i. e., in the condition received.
©See note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.




SURVEY OF CURRENT BUSINESS

S-40
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

July 1953
1953

1952

May

July

June

August

September

October

November

December

January

February

March

May

April

TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES—Continued
Woolen and worsted woven goods, except woven
felts:!
Production quarterly, total
thous of lin yd
Apparel fabrics, total
do
Oovernment orders
do
Other than Government orders, total do
Men's and boys'
do Women's and children's
do
Nonapparel fabrics, total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel, 12-13 oz./yd., 57"/60"* ....1947-49*= 100 ..
Gabardine, 10^-12^ oz./yd.,56"/58"*
do

82, 742
71, 466

88, 555
78, 760
14 943
63, 817
27, 013
36, 804
9,795
5,549
4,246

17 241
54, 225
27, 390
26, 835
11, 276
5, 572
5,704

117.8
107.5

117.8
107.5

115.8
107.5

115.8
107.5

111.3
107.2

96 173
83 575
10 958
72 617
31, 681
40 936
12, 598
7,483
5,115

111.3
107.2

111.3
107.2

85 487
72 533
8 153
64 380
32,960
31 420
12, 954
7 129
5,825

112.5
103.9

112.5
104.7

113.9
104.7

113.9
105.3

113.9
105.8

113.9
105.3

TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft, shipments
ExportsJ

-

number_do -

330
116

335
111

353
67

349
76

337
57

293
96

268
84

254
97

365
107

382
82

358
81

402
112

503, 917
423
••325
397, 486
380, 952
106, 008
90,983

518, 710
484
382
407, 962
392, 471
110, 264
94,962

211, 782
224
220
168, 327
161, 862
43, 231
36, 231

270, 982
349
271
218, 577
211, 140
52, 656
45, 204

551,159
387
330
438, 397
425. 266
112,375
99, 375

604, 261
389
260
471, 808
459, 958
132, 064
116, 449

519, 536
319
244
405, 111
394, 313
114, 106
102, 504

535 027
231
189
418, 982
406 156
115 814
103, 648

565, 172
254
r
218
453, 319
435 129
111, 599
97, 879

583, 001
190
189
486, 071
467 440
96, 740
86, 212

700 685
236
189
566, 320
545 961
134, 129
122, 043

723 566
145
141
596 633
r 577 971
126 788
114 821

32, 895
18, 139
14, 756

28, 670
13, 468
15, 202

22, 784
10, 813
11, 971

14, 049
7,026
7,023

20, 073
10, 564
9,509

22,005
9,410
12, 595

22, 047
9,015
13, 032

21, 054
9,455
11, 599

27, 121
14 136
12, 985

27, 938
15, 941
11, 997

27, 257
15 372
11, 885

28 675
16 704
11 971

5,163
4,602
1,854
2,748
335

4,029
3,681
1,219
2,462
292

3,673
3,369
1,281
2,088
263

4,471
4,108
1,897
2,211
230

4.887
4,552
2, 280
2,272
242

5, 465
5,149
2,708
2,441
260

4,908
4,610
2,464
2,146
250

5,392
5 033
2,560
2,473
248

5,858
5 318
2 588
2,730
223

6,009
5,353
2,586
2,767
286

6,740
6 327
2,823
3,504
311

r g 850
r 8 452
2 990
r
5 462
334

422, 217
71, 690

423, 655
71, 471

340, 454
72, 134

215, 668
57, 786

318, 870
65, 381

383, 385
77, 486

360, 236
70, 431

399, 906
69, 949

386, 221
72 606

396, 558
68,616

f 486, 368
79 672

528 278
91 127

7,263
5,171
4,765
2,092
' 2
2
2
0

6,539
4,976
4,848
1,563
13
13
13
0

5,658
4,116
3,860
1,542
8
8
8
0

4,674
2,990
2,853
1,684
5
5
5
0

3,935
2,052
1,879
1,883
13
13
13
0

5,577
3,103
2,963
2,474
11
11
11
0

6,098
4,201
4,032
1,897
11
11
11
0

7 968
5,893
5 769
2,075
20
20
20
0

8,103
6,094
5 972
2,009
15
15
15
0

7,789
6,072
6,063
1,717
17
17
17
0

6 725
4,958
4 952
1,767
39
39
39

6
4
4
2

1,763

1,764

1,763

1,759

1,757

1,755

1,756

1,757

1,759

1,762

1,764

1 765

1 767

96
5.5
84, 341
51, 198
33, 143

101
5.7
77, 984
46,409
31, 575

107
6.1
76, 870
45, 094
31, 776

102
5.8
75, 684
43, 144
32, 540

98
5.6
73, 609
42, 171
31, 438

89
5.1
74, 728
41, 381
33, 347

90
5.2
72, 400
40,355
32, 045

88
5.0
67, 138
35, 803
31, 335

88
5.0
66, 368
36, 550
29, 818

89
5.1
63, 711
34, 891
28, 820

89
5.0
59, 354
32, 732
26, 622

88
50
54,333
30 141
24 192

89
50
50, 717
29 351
21 366

2,237
12.1

2,170
12.0

2,131
12.0

2,217
12.7

2,125
12.5

2,015
12.1

1,939
11.9

1,890
11.9

1,851
12.0

1,835
12.1

1,784
12 1

1,656
11 5

1,547
11 1

1,612
28

1,368
26

1,434
25

1,169
23

1,006
21

1,011
19

894
17

943
15

948
14

1,057
12

843
10

861
8

675
7

39

58

54

52

43

49

45

51

38

40

47

40

652
617
35

648
554
94

394
369
25

564
528
36

516
488
28

588
549
39

622
585
37

741
674
67

704
669
35

779
743
36

832
794
38

732
690
42

MOTOR VEHICLES
Factory sales, total
Coaches, total
_
Domestic
Passenger cars, total
Domestic
Trucks, total
Domestic
__ _ _

_ _

_ _ number
do
do
do
do
do
do

Exports, totalt
Passenger carst
Trucks and busses t

do
do
do

Truck trailers, production, totalcf
Complete trailers
Vans
All other
Trailer chassis

do . _
do
do
do
do

Registrations:
New passenger cars
New commercial cars

do
do

643 537
367
339
549 677
531 544
93 493
82 483

9
9
3
6

788
415
166
249
325

540 575
86 366

RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
Freight cars, total
Equipment manufacturers, total
Domestic
Railroad shops, domestic
Passenger cars, total
Equipment manufacturers, total
Domestic
Railroad shops, domestic

number
do _
do
do
do
-do
do
do

Association of American Railroads:
Freight cars (class I), end of month :§
Number owned
thousands
Undergoing or awaiting classified repairs
thousands. .
Percent of total ownership
Orders, unfilled
number. _
Equipment manufacturers
_ do _
Railroad shops
_ ._
do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
number..
Pp.rcpnt of total on line
Orders, unfilled:
Diesel-electric and electric locomotives, total
number of power units. .
Steam locomotives, total
number
E xports of locomotives, total

._ _ _ _ do- . _

o

870
768
737
102
37
37
37

o

6
4
3
2

969
312
958
657
27
27
27

o

INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments, total
Domestic
Export

__

-

number..
do
do

677
640
37

r
Revised.
fRevised series. Beginning with data for 1951, the Bureau of the Census reports for woolen and worsted woven fabrics refer to goods which are principally wool by weight (i. e., exclude
fabrics containing 25-49.9 percent wool previously included).
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics.
More complete specifications are: Flannel suiting—men's and boys', woolen, stock dyed, fine and medium
grade; worsted suitino—women's and children's gabardine. Monthly data beginning 1947 will be shown later.
JData through December 1950 for aircraft and December 1951 for trucks and buses exclude military-type exports not shown separately for security reasons; thereafter the figures including
those for passenger cars, exclude all military-type exports.
cfTotal includes production of converter dollies not included in the detail; prior to January 1952, production of these types was included in the "all other" and "total complete trailers"
categories.
§Not including railroad-owned private refrigerator cars.




U. S. G O V E R N M E N T P R I N T I N G O F F I C E : 1953

•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Abrasive paper and cloth (coated)
—_,
38
Acids__
.
—_
_
24
Advertising
7, 8
Agricultural employment
10
Agricultural loans and foreign trade
15, 21, 22
Aircraft
_
11,12,13,14,40
Airline operations
____„>__
22
Alcohol, denatured and ethyl
. , _ __
24
Alcoholic beverages
__
2, 6,8, 27
Aluminum
__
33
Animal fats, greases, and oils
25
Anthracite.
2,11,13,14,15,34
Apparel, wearing- — . 3, 4, 5, 6, 8, 9, 11,12,14,15, 38
Asphalt and asphalt products
__ _
_
36
Automobiles...__ 2, 3, 7, 8, 9,11,12,13,14,16, 18, 21
Balance of payments
_20
Banking
.
_,
15,16
Barley
28
Barrels and drums
32
Battery shipments
34
Beef and veal
29
Beverages—__
2, 3, 4, 6, 8,11,12,14, 27
Bituminous coal
2,11,13,14,15,34,35
Blast furnaces, steel works, etc
11,12,13,14
Blowers and fans
_
34
Boilers. —
_ 33,34
Bonds, issues, prices, sales, yields___
_
19
Book publication
_
___
37
Brass___
__
33
Brick__._
.
38
Brokers' loans and balances
...
_ 16,19
Building costs__
___,
7
Building and construction materials
7,8,9
Business sales and inventories_ _ ,
3
Businesses operating and business turn-over....
4
Butter.. _
27
Cans (metal), closures, crowns—
,_
33
Carloadings
22,23
Cattle and calves
29
Cement and concrete products
2, 6, 38
Cereals and bakery products.—
5, 11, 12, 14
Chain-store sales (11 stores and over only).-.™
9
Cheese
27
Chemicals
2,3,4,5,12,14,15,18,21,24
Cigars and cigarettes
6, 30
Civilian employees, Federal
..,
12
Clay products (see also Stone, clay, etc.)
2, 6, 38
Clothing (see also Apparel)— _
_ _ _ 5, 38
Coal
2, 11,13,14,15,21,22,23,34,35
Cocoa
22,29
Coffee
- 22,29
Coke
----2,22,23,35
Commercial and industrial failures
4
Communications
11, 13, 14, 15, 18, 19, 20, 23
Confectionery, sales
__ .
.
29
Construction:
Contracts awarded
.
6
Costs
—
7
Dwelling units
7
Employment, earnings, hours, wage rates.11,
12,13,14,15
Highway
_ . _ _ . _ 6, 7,12
New construction, dollar value__
_
6
Consumer credit
,_
16
Consumer expenditures
---1, 8
Consumer price index
____
5
Copper.
_ 22,33
Copra and coconut oil
25
Corn
... 19,28
Cost-of-living index (see Consumer price
index)
5
Cotton, raw and manufactures
2, 5, 6, 21, 38,39
Cottonseed, cake and meal, oil
_
__ _
25
Credit, short- and intermediate-term
16
Crops
--- 2,5,25,27,28,30,38
Currency in circulation
___._.—
18
Dairy products
Debits, bank
Debt, united States Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments and rates
Drug-store sales
Dwelling units
.--.

2, 5, 11, 12, 14, 27
_
15
17
--- 8, 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,
4,5,7,11,12,13,14,21,34
Employment estimates and indexes
10,11,12
Employment Service activities
13
Emigration and immigration
.
23
Engineering construction.__ _ .
6
Expenditures, United States Government.,...
16
Explosives
25
Exports (see also individual commodities)
20, 21
Express operations
__.—
22
Failures, industrial and commercial
4
Farm income, marketings, and prices
,. _
2,5
Farm wages
__.
15
Fats and oils, greases
—. 5, 25, 26
Federal Government finance
16,17
Federal Reserve banks, condition of
— __
15
Federal Reserve reporting member banks
16
Fertilizers
_.__.
5, 24
Fiber products-.
._.
34
Fire losses.___
— ...
7
Fish oils and fish—- _--- 25, 29
Flaxseed_
— ___
25
Flooring
31,32
Flour, wheat-.
-28




Pages marked S
Food products
2,
3, 4, 5, 7, 8, 9, 11,12, 14, 18, 27, 28, 29, 30
Foreclosures, real estate
7
Foreign trade indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21, 22
Foundry equipment
___
34
Freight carloadings
_
- 22, 23
Freight cars (equipment)
40
Freight-car surplus and shortage _
23
Fruits and vegetables____
2, 5,21, 27
Fuel oil
_
35
Fuels,______
2,5,34,35
Furs
22
Furnaces
.
34
Furniture
2,3, 5, 8,9, 11, 12, 13, 14, 16
Gas, prices, customers, sales, revenues
, _ _ 5,26
Gasoline
2, 7,8,9,36
Glass products (see also Stone, clay, etc.)_ _ _ _ 2, 38
Generators and motors
34
Glycerin
,__
....
24
Gold_-_
.
..
18
Grains and products..
5, 19, 21, 22, 23, 28
Grocery stores.
—
__
8,9
Gross national product
1
Gypsum and products._ _
6, 38
Heating apparatus
_ . _ _ 6,11,12, 13,14, 33, 34
Hides and skins..._
.___
5, 22, 30
Highways and roads___
... 6, 7,12, 15
Hogs
29
Home Loan banks, loans outstanding
7
Home mortgages.„
7
Hosiery
.
38
Hotels
....
11,13,14,15,23
Hours of work per week
12, 13
Housefurnishings
5, 8, 9
Household appliances and radios
5, 8, 9, 34
mmigration and emigration
23
mports (see also individual commodities). 20, 21, 22
ncome, personal.
.
1
ncome-tax receipts.. . _ _ _
....
_
16
ncorporations, business, new
4
ndustrial production indexes
_,
2,3
Instalment credit_„__.
.__
16
Instalment sales, department stores_ _ _ _ .
10
Insulating materials.
34
Insurance, life
17, 18
Interest and money rates
16
International transactions of the U. S
20, 21, 22
Inventories, manufacturers' and trade. _ _ _ 3, 4, 9,10
Iron and steel, crude and manufactures
2,
6,21,32,33
Jewelry stores, sales, inventories _ _
8,9
Kerosene
____
-—
35
Labor disputes, turn-over.
13
10
Labor force
Lamb and mutton
29
Lard
29
33
LeadLeather and products
2, 3, 4, 5,12, 14,15, 30, 31
Linseed oil
.
25
Livestock
2,5,22,23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit). _ _
7,15,16,17,19
Locomotives
40
Looms, woolen, activity
39
Lubricants
. __
35
Lumber and products
2,
3, 5, 8, 9, 11, 12, 13,14, 31, 32
Machine activity, cotton, wool _. _. _ —
39
Machine tools
34
Machinery
2,3,4,5,11,12,13,14,18,21,34
Magazine advertising.
8
Mail-order houses, sales
8, 9,10
Manufacturers' sales, inventories, orders
3, 4
Manufacturing production indexes. _ ,
2,3
Manufacturing production workers, employment, payrolls, hours, wages,11, 12, 13,14,15
Meats and meat packing
2, 5, 11, 12, 14, 29
Medical and personal care
5
Metals
2, 3, 4, 6, 11, 12, 13,14, 15, 18, 32, 33
Methanol
_.
24
Milk....
.
__
27
Minerals and mining
_ _ _ _ 2,3,11, 13, 14, 15, 20
Monetary statistics.
.
18
Money orders—___
8
Money supply
18
Mortgage loans
._
-,
7, 15,16, 17
Motor fuel
36
Motor vehicles
3, 5,8, 9,40
Motors, electrical__
—
_.
34
National income and product. _ .
1
National parks, visitors. _ ,
.
23
Newspaper advertising
,_
8
Newsprint
22,37
New York Stock Exchange, selected data
19, 20
Nonferrous metals
. 2, 6,11,12, 13,14, 22, 33
Noninstalment credit__.
- -16
Oats...
_----._
28
Oil burners..
____.
_.
34
Oils and fats, greases
__._
5, 25, 26
Oleomargarine
„
—
26
Operating businesses and business turn-over-4
Orders, new and unfilled, manufacturers'-4
Paint and paint materials
_ _ _ 5, 26
Panama Canal traffic
23
Paper and pulp
2, 3, 4, 6,11,12, 14, 15, 22, 36, 37
Paper and products
2, 3, 4, 6,11,12,14,15, 36, 37
Passports issued
_____
23
Payrolls, indexes
_.
12
Personal consumption expenditures______.__.
1,8
Personal income
._._..
.—
1

Pages marked S
Personal saving and disposable income
1
Petroleum and products
2,
3, 4, 5, 11, 12, 13, 14,15, 21, 22, 35, 36
Pig iron
32
Plant and equipment expenditures
1
Plastics and resin materials
.
26
Plywood
31
Population
,
10
Pork
29
Postal savings
16
Poultry and eggs
2, 5, 29
Prices (see also individual commodities):
Consumer price index
5
Received and paid by farmers
5
Retail price indexes
5
Wholesale price indexes
5,6
Printing and publishing
2,3,4, 11,12, 14, 15,37
Profits, corporation
1, 18
Public utilities... 1, 6, 11, 13, 14,15, 17,18,19, 20, 26
Pullman Company
23
Pulpwood
36
Pumps
34
Purchasing power of the dollar
6
Radio and television
5, 7, 34
Railroads, employment, wages, financial statistics, operations, equipment
11,
12, 13, 14, 15, 17, 18, 19, 20, 22, 23, 40
Railways (local) and bus lines
11, 13, 14, 15
Rayon and rayon manufactures
2,39
Real estate
7,16,17,19
Receipts, United States Government
16
Reconstruction Finance Corporation, loans
17
Recreation
5
Refrigerators, electrical
34
Rents (housing), index
.
5
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3, 4, 8, 9,10,11,13, 14,15
Rice
__
28
Roofing and siding, asphalt
_.
36
Rosin and turpentine
.
24
Rubber, natural, synthetic, and reclaimed,
tires and tubes
6,22,37
Rubber products industry, production index,
sales, inventories, employment, payrolls,
hours, earnings
2, 3, 4, 12,14, 15
Rural sales
10
Rye.
28
Saving, personal_ _ .
1
Savings deposits
16
Securities issued
18, 19
Services
4,5,8,11,13, 14,15
Sewer pipe, clay
,
38
Sheep and lambs
29
Ship and boat building
11, 12, 13,14
Shoes and other footwear.
2, 8, 9, 12, 14, 15,31
Shortening
,
26
Silk, imports, prices
6,39
Sil ver
..
18
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 Inventories)
10
Stocks, dividends, listings, prices, sales, yields.
20
Stokers, mechanical
34
2,
Stone, clay, and glass products
3,11,12,13, 14,38
Stoves
34
Sugar
22,30
Sulfur
25
Sulfuric acid
24
Superphosphate
24
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11, 13, 14, 15, 18, 19, 20,23
Textiles
2, 3, 4, 6, 11, 12, 14,15, 21, 38, 39,40
Tile_._ _ _ _
38
Tin.
22,33
Tires and inner tubes
6, 12, 14, 15,37
Tobacco
2,3,4,5,6,8, 11, 12, 14, 15, 21,30
Tools, machine
34
Trade, retail and wholesale. 3, 4, 8, 9, 10, 11, 13, 14,15
Transit lines, local
22
Transportation, commodity and passenger. _ 5, 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 compensation
10,13
United States Government bonds
16,17,18, 19
United States Government
finance
» 16,17
Utilities
1, 5, 6,11,13, 14,15,17,18,19, 20, 26
Vacuum cleaners
34
Variety stores
8, 9
Vegetable oils
___
_ _ _ 25,26
Vegetables and fruits
_ 2, 5, 21, 27
Vessels cleared in foreign trade
23
Veterans' unemployment allowances
13
Wages, factory and miscellaneous
13,14,15
Washers. _ _ _ „ _ _ _ - - _ _ . _ _ - „ _
34
Water heaters. „ _ - - _
__
34
Wax—..
36
Wheat and wheat
flour.
„
. 19,28
Wholesale price indexes.
_ _.
5, 6
Wholesale trade
3,4,10,11,13,14,15
Wood pulp
„___
36
Wool and wool manufactures
2, 6, 22, 39, 40
Zinc™

33

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