Full text of Survey of Current Business : July 1953
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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 UNITED STATES PENALTY FOR PRIVATE U8E TO AVOII PAYMENT OF POSTAGE, *30O (GPO> GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. 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