Full text of Survey of Current Business : June 1956
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
JUNE 1956
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY
OF
CURRENT
BUSINESS
JVo. 6
JUNE 1956
PAGE
THE BUSINESS SITUATION
Higher Investment
Quarter.
1
Programed for Third
4
Concerns in Business and Their Turnover....
*
*
8
*
SPECIAL ARTICLES
Income Distribution in the United States,
1952-55
Expansion in Foreign Travel
17
International Economic Improvement
reflected in U. S. Balance of Payments...
*
*
9
*
*
*
*
Atlanta 23, Ga.
50 Seventh St. NE.
Miami 32, Fla.
300 NE. First Ave.
Boston Q, Mass,
U. S. I»o8t Office anil
Courthouse Bldg,
Minneapolis 2, Minn.
2d Ave, South and
3d St.
Buffalo 3, N, Y.
117 Ellicott St,
New Orleans 12, La.
333 St. Charles Ave,
Charleston 4, S. C.
Area 2,
Sergeant Jasper Bldg.
New York 17, N. Y.
110 E. 45th St.
Cheyenne, Wyo.
307 Federal Office Bldg.
Philadelphia 7, Pa.
1015 Chestnut St.
Chicago 6, III.
226 W . Jackson Blvd.
Phoenix, Ariz.
137 N. Second Ave.
Cincinnati 2, Ohio
442 U. S. Post Office
and Courthouse
Pittsburgh 22, Pa.
107 Sixth St.
Cleveland 14, Ohio
1100 Chester Ave.
Portland 4, Oreg.
520 SW. Morrison St.
Dallas 2, Tex.
1114 Commerce St.
Reno, Nev.
1479 Weils Ave.
Denver 2, Colo.
142 New Customhouse
Richmond 19, Va.
1103 East Main St.
Detroit 26, Mich.
438 Federal Bldg.
St. Louis 1, Mo.
1114 Market St.
Houston 2, Tex.
430 Lamar Ave.
Salt Lake City 1, Utah
222 SW. Temple St.
Jacksonville 1, Fla.
311 W. Monroe St.
San Francisco 11, Calif.
555 Battery St.
Kansas City 6, Mo.
911 Walnut St.
Savannah, Ga.
125-29 Bull St.
Los Angeles 15, Calif.
1031 S. Broadway
Seattle 4, Wash.
909 First Ave.
Inside back cover
Published by the U. S. Department of Commerce, S I N C L A I R WEEKS,
Secretary.
Office of Business Economics, M. JOSEPH M E E H A N ,
Director. Subscription price, including weekly statistical supplement, is
$3.25 a year; foreign mailings, $4.25. Single copy, 30 cents. Send remit"
tances 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 Superintendent of Documents.
Memphis 3, Tenn.
22 North Front St.
25
MONTHLY BUSINESS STATISTICS.. ..S-l to S-40
Statistical Index . . . »
Albuquerque, N. Mcx.
321 Post Office Bldg.
21
NEW OR REVISED STATISTICAL SERIES
Revised Balance of Payments Series
D E P A R T M E N T OF COMMERCE
FIELD SERVICE
For local telephone listing, consult section
devoted to U. S. Government
JUNE 1956
By the Office of Business Economics
J.MPROVED sales in consumer markets for nondurable
goods and services, heavy business investment, and rising
Government construction have combined to give a slight
lift to the value of the Nation's output; small but persistent
price increases, particularly for investment goods, were a
contributing factor. Divergent movements of production
and sales have persisted among various industries, including
continuation of the pronounced downward adjustments
which have been under way in some lines.
Sales of retail stores are close to their highest previous
rate, despite the lagging business of automotive dealers.
Based on the advance report of the Bureau of the Census,
seasonally adjusted May sales were up about 1 percent from
April and 3 percent from May 1955. For the nondurable
goods group of stores sales in May attained a new high at a
rate appreciably above that of the first quarter.
The rise in consumer spending, which is occurring also in
the field of services, has been closely related to the almost
uninterrupted advance in consumer income. In April personal income reached a seasonally adjusted annual rate of
$317 billion, $3/2 billion above the first quarter of this year
and some $18 billion above April 1955. Most major components of both labor and property income have participated
in the 6 percent advance in total income over the past year
and in the gain from the first quarter. As in the several preceding years farm income has been an exception to the general upward trend and thus far in 1956 has been below the
corresponding 1955 period, but farm prices have recovered
from the especially low level reached last winter.
Employment in nonagricultural establishments, which
since early winter has moved irregularly but with a slight
uptrend after seasonal adjustment, exhibited about the usual
seasonal movement in May. Seasonally adjusted nonmanufacturing employment moved moderately higher while manufacturing employment was curtailed, with much of the decline occurring in motor vehicle production where layoffs
continued sizable. Except for automobiles and related
industries, manufacturing employment changes were small.
A reduction in the length of the workweek, though also pronounced in the same areas, was more widespread.
As compared with May 1955, employment in nonmanufacturing industries was up nearly 4 percent. The 2 percent
increase in total manufacturing employment was matched
by an equal percentage reduction in the average hours of
work of production workers.
The slight and irregular curtailment from their peaks
which developed in manufacturing employment and manhours this year accompanied a similar movement in industrial output. The principal declines which have appeared
have been in the industries making automobiles, agricultural
machinery, tractors, lumber, and a few household appliances,
among the durable goods, and in textiles and apparel, leather
products, and rubber tires among the nondurables. Com
pletions of passenger cars in May of about 472,000 units were
the lowest in 8 months with June output scheduled for a
somewhat lower rate.
Largely offsetting the reductions in these industries have
been the significant advances in the output of most types of
electrical and nonelectrical machinery, nonautomotive transportation equipment such as civilian aircraft and railroad
equipment, and instruments and related products. Production changes in other manufacturing industries have for
the most part been confined within narrow limits.
Construction activity, adjusted for seasonal changes, has
also continued to show mixed movements, but advances in
April and May carried the total back virtually to the peak
rate attained in mid-1955. The May increase was largely
attributable to higher public construction, especially of
military facilities but including also State and local government projects. Residential construction continued the decline in process since last summer, the reduction from last
July amounting to 12 percent on a seasonally adjusted basis,
while industrial building again rose strongly.
Investment in fixed assets by nonfarm business, which is
contributing importantly to the current business improve-
Plant and Equipment Expenditures
BILLIONS OF D O L L A R S
50
40
-
30
-
20
-
10
-
1953
I
1954
1955
I
1956*
Q U A R T E R L Y TOTALS, SEASONALLY ADJUSTED, AT ANNUAL R A T E S
: SEC 8 Q B E
* Second and third quarters anticipated
U. S. Department of Commerce, Office of Business Economics
56-24-1
SURVEY OF CURRENT BUSINESS
rnent, will continue upward in the third quarter at about the
same rate as during the first half of the year if present investment schedules are met. The latest survey of scheduled
business expenditures for new plant and equipment, which is
reported in detail below, indicates that these outlays will
reach an annual rate of $36.7 billion in that period.
In contrast to the continuous rise in business fixed investment, inventory accumulation has continued at a level rate
for the past year
except for rather wide fluctuations in motor
vehicle dealers7 stocks. In the latter area the heavy accumulation of last winter has given way to liquidation as a result
of the sharp curtailment of automobile production schedules.
Examination of trends within manufacturing finds that
with the notable exception of the motor vehicle industry
most groups have experienced increases in both inventories
and unfilled orders over the past 12 months. As can be
seen in the following table, industries whose stock-sales
ratios are, contrary to the movement for manufacturing as
as a whole, the same or lower than a year ago, together with
the aircraft industry which is working against a sizable rise
in unfilled order backlogs, have accounted for about twothirds of the rise in total manufacturing inventories since
the first of this year—a fraction which compares with onethird from April to December 1955. Thus the bulk of the
inventory rise this year has been in industries in which
stocks rather clearly cannot be considered burdensome.
MANUFACTURERS' SALES AND
INVENTORIES
Manufacturers' shipments have fluctuated within a narrow
range since mid-1955 and in April were about equal to the
record set last November. This period of stability contrasts
with the rising rate of sales in the first half of last year.
By April the over-the-year gain had been narrowed to 5
percent in dollars and perhaps 2 percent in volume. New
orders received by manufacturers in early spring were also
5 percent over the rate in the corresponding month of 1955.
They were, however, lower than in the late fall and winter
on a seasonally adjusted basis, though up from March.
Manufacturers' inventory book values, after seasonal
allowances, rose $400 to $600 million a month from last
December to the end of April—with increasing replacement
costs accounting for an important part of the rise. The
steady expansion in goods
in factory pipelines raised book
values of manufacturers 7 inventories to $48 billion at the
end of April—an increase of nearly $5 billion from a year ago.
The increase during the past half year reversed the previous
downward trend in stock-sales ratios, and for manufacturing
as a whole brought the stock-sales ratio up from 1% months
in April 1955 to 1% months this April. Except for 1955, the
current ratio is still lower than that prevailing in any period
since 1951.
About three-fourths of the inventory book-value rise since
the beginning of the current inventory expansion in November 1954 took place in the durable-goods industries. While
sales also rose more in this group than in the nondurablegoods sector, the durable-goods industries, and more particularly the transportation equipment groups, have been the
major contributor to the rise in stock-sales ratios. The
7-month uptrend in stock-sales ratios for this group was
interrupted in April as sales showed a slightly greater relative
rise.
While these shifts in stock-sales ratios have characterized
durable-goods inventories at each stage of fabrication, working stocks have risen relatively more over the past 12
months than have shipping stocks. Over this period, in
which sales advanced 5 percent, inventories of purchased
materials increased 19 percent and those of goods-in-process
June 1956
16 percent, as compared with 10 percent for finished goods
ready for shipment.
Machinery sales-orders higher
The value of deliveries by machinery companies has risen
17 percent since the spring of 1955, reflecting in large measure
the uptrend in capital equipment expenditures. The sales
advance has been proportionately equal to that in inventories
and the current stock-sales ratio of 2% months is about the
same as the year-ago rate. Unfilled orders backlogs have
advanced by more than a fourth over the same period and
at the end of April represented 4}<? months of deliveries at the
high April sales rate.
Within the machinery sector, firms producing industrial
equipment have set the pace in both shipments and unfilled
orders. For this group, which includes metalworking and
special and general industry machinery, sales have moved
one-fourth above last April, while backlogs are three-fifths
larger. (See table.) Recent inventory-sales ratios are well
below a year ago.
A substantial pickup in sales of the electrical machinery
industry in April—traceable in part to the settlement of a
major work stoppage—brought the increase over April 1955
rates to 16 percent. Sales strength for the group has centered
in heavy equipment. Consumer appliances showed only
moderate over-the-year sales gains while factory deliveries
of radios and television sets fell below year-ago rates.
Inventories for the electrical machinery group as a whole have
been built up at about the same rate as sales have risen.
Unfilled orders are up about 12 percent over the year.
In machinery areas other than electrical and industrial,
where the current inventory-sales ratio of 2.8 months is
higher than a year ago, there have been widely divergent
trends among the component industries. In the construction and office-store equipment areas sales and orders are up
substantially. In contrast, agricultural equipment producers' sales are running a little under 1955 rates, while
inventories are somewhat higher. According to reports by
producers, tractor sales compare more favorably with early
1955 than do farm equipment and machinery sales.
Primary metals demand strong
Primary metal firms accumulated inventories during 1955;
the seasonally adjusted rate of increase has been reduced
since the first of the year. Sales have continued to rise and
in April were 15 percent larger than a year ago so that the
mid-spring stock-sales ratio of 1/2 months was belovv^ the
corresponding figure last year. Through April the trend in
sales and inventories of iron and steel producers was a little
more favorable than for producers of nonferrous metals.
In more recent weeks, output of iron and steel producers has
tended to stabilize at high levels, while activity in nonferrous metals has continued to gain. Backlogs of contracts
on primary metal producers' books at the end of April were
more than a fourth higher than a year ago and equaled
nearly three times this April's deliveries. For iron and steel
companies the increase in unfilled orders w^as two-fifths.
Transportation equipment sales lower
The rise in the inventory-sales ratio for the durable-goods
group as a whole from April 1955 to the same month of 1956
was attributable primarily to the transportation equipment
industry, where the ratio increased from 1.6 to 2.3 months.
Growing inventories and declining shipments, which continued through April, characterized both the automotive and
aircraft segments of the industry, but developed from quite
different situations.
SURVEY OF CURRENT BUSINESS
June 1956
Table 1.—Changes in Manufacturers' Inventories, Sales and
Unfilled Orders, 1955-56 *
Percentage change
April 1955 to April 1956
Percentage change
December 1955 to April
1956
Inventories
Inventories
Unfilled
orders
Sales
Unadjusted
Seasonally
adjusted
Sales Unfilled
orders
Unadjusted
Seasonally
adjusted
11
5
19
4
0
3
15
5
20
5
-1
4
13
7
16
17
15
16
11
10
27
21
25
34
6
2
8
5
9
0
2
1
1
-1
9
18
17
19
19
17
16
26
12
28
12
59
36
9
10
11
7
2
1
9
2
7
4
10
10
16
21
12
3
-16
-20
-7
12
13
_2
15
7
3
-4
11
-1
-14
-19
-3
2
0
-13
4
12
Nondurables2
(i
4
1
3
1
-14
Food and beverage
Tobacco
Textiles
Paper
Chemicals
___
Petroleum
Other nondurables.
1
2
1
1
4
1
8
7
3
1
4
3
0
0
1
1
2
All manufacturing industries
Durables
Primary metals
Iron and steel
Nonferrous metals
Fabricated metals
Machinery
Electrical
Industrial-.- _ _
Other
Transportation equipment
Motor vehicles
Aircraft .
Other durables
_
_
5
10
16
6
0
1
11
4
10
5
1
2
Totals include industries not shown separately.
Detailed estimates for unfilled order backlogs of nondurable-goods manufacturers are not
available.
Contracting activity in the motor vehicle area since late
1955 reduced April sales to a rate one-fifth below that a
year earlier. Efforts to adjust inventories resulted in some
net liquidation by late March and April, but end-of-April
book values of inventories were a fifth above a year ago.
The decline in civilian automobile business has been accompanied by an easing in defense work of the industry.
The motor vehicle industry's backlogs of defense work are
a little under year-ago levels.
Aircraft producers, on the other hand, experienced a spurt
in orders for commercial jet planes as well as for defense
work in late fall and early winter. Growth of backlogs has
continued since then and aircraft companies began to build
inventories. Due to the long production period required,
however, these orders have not yet been reflected in sales.
Values of shipments by the industry currently are running
a little under the year-ago rates. Unfilled orders are $2
billion or 15 percent higher.
Nondurables' sales up moderately
Sales of nondurable-goods producers had edged up during
1955 and in the early months of this year; April shipments
were at the March rate, and about 4 percent higher than in
April 1955, after seasonal adjustment. Both the value of
shipments and inventory book values had shown moderate
and commensurate movements over the year and the stocksales ratio of 1.5 was about the same as a year earlier. A
fractional decline in the ratio of finished-goods stocks to sales
was offset by a slightly higher purchased materials ratio.
Activity in the nondurable-goods sector has been paced by
the paper and petroleum industries. Spring sales for these
groups are each up some 10 percent over the year-ago rate,
but have held relatively stable in recent months. Inven-tories of both groups have risen a little less rapidly over the
last 12 months than have sales. Chemical producers have
contributed most substantially to inventory accumulation in
the soft-goods group. In this industry inventory buildinghas outrun the expansion in deliveries so that the recent
stock-sales ratio is 1.7 months compared with 1.5 months
last spring.
Current inventory -sales ratios for the rubber, textiles, and
leather industries are also above those in the spring of 1955.
Textile producers have been paring the growth of their
stocks in recent months; book values were held unchanged
during April on a seasonally adjusted basis.
Significance of inventory rise
While attention lias been focused on the recent rise in
inventories as sales have leveled out, examination of the
detailed data suggests that the advance has in the main been
associated with the basic expansion in manufacturing
activity since the end of 1954. This can be made clear with
the aid of the following table.
The second line of this table shows that over the past year
in industries holding $27 billion of manufacturers 7 inventories
the stock-sales ratio has either remained unchanged or
actually decreased. Thus, over a segment embracing 56
percent of the total, we have had no change in the level of
inventories related to sales, or an actual decrease. From the
unfilled orders shown in the right-hand side of the table, it
can be seen that these same industries had a large increase
in their unfilled order backlogs both as compared with April
1955 and in the shorter period since the end of last year.
The third and fourth lines of the table segregate two major
industries where we have a special situation. The first is
aircraft, an industry operating at a high rate under the
stimulus of both military and civilian orders. Here the
inventory trend is associated with the expansion still under
way in this industry. Aircraft manufacturers hold 6 percent
of manufacturers' inventories, arid 28 percent of the unfilled
orders. Since the first of this year this group has accounted
for one-sixth of the rise in the book value of factory stocks.
Inventory Book Values
Unfilled Orders
(Seasonally adjusted)
Change —
Change —
Total Apr. 55- Dec. 55- Total Apr. 55- Doc. 55Apr. 56 Apr. 56 Apr. 56 Apr.
Apr 56 Apr, 56 Apr. 56
(Billions of do llars)
All manufacturing.. _ 47. 9
4. 7
2. 0 57. 2
9. 2
1. 7
Industries with decreased or
unchanged stock-sales ratios (April 1955-56)
27. 0
I. 9
L0
26. 7
4. 8
1. 2
2. I
Aircraft
3. I
. 3
.3
16. 1
Motor vehicles-
3. 2
. 5 -. 1
3.0
Other industries.
14. 7
.8
11.4
2. 0
2.6
.4
The next line differentiates the position of the motor
vehicle industry. The inventory accumulation, which has
occasioned the sharp cutbacks in auto production, does not
show up in this table since the finished car inventory is held
by the dealers. The number of new cars held by car retailers
has recently been lowered, as the curtailed production has
run below retail deliveries. Motor vehicle manufacturers
hold inventories of about the same size as the aircraft industry—6 percent of the manufacturers' total—and about
5 percent of the unfilled orders.
The last line in the text table combines all the other manufacturing industries. This group of industries holds 31
percent of the inventories, and for these the stock-sales
ratio has increased from 2.4 months in April 1955 to 2.6
months in April 1956. This group includes rubber, textiles,
nonferrous and fabricated metals and chemicals. Trends in
SURVEY OF CURRENT BUSINESS
the first few industries have been affected by the reduction
in automobile output. Many of these industries ordinarily
do not hold large unfilled orders.
To sum up then, the rise in manufacturers inventories
over the past year has in the main been a function of expanded activity and unfilled orders. While within this large
June 1956
aggregate there undoubtedly is some unwanted and unbalanced inventories, this is not generally the case. Autos
are a major exception, and the liquidation of retail stocks
now under way will tend to lower the rate of inventory
accumulation which will be shown in the GNP for the
second quarter when the estimates become available.
Higher Investment Programed for Third Quarter
THE MOST recent quarterly survey of fixed investment programs shows that businessmen expect to increase their plant
and equipment expenditures through the third quarter of
1956, and are adhering generally to the pattern reported in
the annual survey of 3 months ago. Reports received from
nonagricultural business in late April and May indicate
planned expenditures at seasonally adjusted annual rates of
$34.8 billion in the second quarter and $36.7 billion in the
summer quarter, in comparison with actual outlays at a
$32.8 billion rate in the first 3 months of 1956.
^ If realized, third quarter spending will be about one-fourth
higher than investment in the third quarter of 1955; capital
outlays will have risen two-fifths in the 6 quarters since the
first quarter of last year, which represented the recent low
Business Capital Outlays
By Major Groups
BILLIONS OF DOLLARS (ratio scale)
30.0
20.0
MANUFACTURING B MINING
point. Part of the increase in outlays is attributable to
further increases in capital goods prices, which have been
rising steadily since late 1954.
The report on the annual programs presented in the
March SURVEY pointed to a 1956 expenditure of $35 billion,
with some increase implied between the first and second
halves of the year. This new survey finds that businessmen
actually spent a little less in the first quarter than they had
indicated three months before and have similarly reduced
somewhat their initial estimate of second quarter expenditures. The downward revisions are fairly general among
the major industry divisions but, in view of the widespread
and sizable increases planned for the quarter ahead—usually
to new highs—the present survey suggests a rescheduling of
earlier announced programs to take account of delays in
construction progress and equipment deliveries.
An element favorable to investment in the recent period
has been the sharp increase since the latter part of 1955 in
the issuance of certificates of necessity under the Government's program of rapid tax amortization. In an 8-month
period ending this May certificates have been issued for
facilities with an estimated cost in excess of $5 billion—
a half billion dollars more than had been issued in the previous 24 months. Freight cars, electric power and airline
facilities account for 70 percent of the $5 billion total.
Manufacturing increases widespread
10.0
9.0
8.0
7.0
6.0
COMMERCIAL B OTHER t
5.0
4.0
PUBLIC UTILITIES
3.0
TRANSPORTATION, OTHER THAN RAIL
2.0
1.0
.9
.8
.7
.6
\
RAILROAD
i
i
i
i
i
i
I
i
i
I
I
I953
I954
I955
I956*
QUARTERLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
DATA: SEC 8 Q B E
t Includes trade, service, finance, communication, and construction
^Second and third quarters anticipated
U. S. Department of Commerce, Office of Business Economics
56-24-2
The current survey finds a very strong tone in the investment programs just reported by manufacturing firms, despite
the flattening out in the movement of manufacturing sales
and output since late last 3^ear. Companies in this area
expect to increase their expenditures from a seasonally
adjusted annual rate of $13% billion in the first quarter to
more than $15 billion in the second and $16 billion in the
third, with increases widespread in both the durable and
nondurable goods groups.
The recent upsurge in investment in plant and equipment
has been dominated by expenditures in durable-goods manufacturing. As the chart shows, outlays in the first 9 months
of 1956 are expected to run from 40 to 80 percent over
expenditures in the same 1955 period for the transportation
equipment, primary metals, machinery-, and stone, clay, and
glass industries. Planned investment in durable-goods
lines in the third quarter will constitute almost 23>2 percent
of total plant and equipment outlays, in comparison with
a peak ration of 21K percent in the fourth quarter of 1951.
The increased relative importance of durable goods investment today as compared with the Korean mobilization period
is attributable in large part to the currently heavy outlays by
the motor vehicle, other transportation equipment, and
stone, clay and glass industries. Automobile companies
appear to be holding to their planned billion dollar increase
over 1955 even though sales are running below the apparent
SURVEY OF CURRENT BUSINESS
June 1956
expectations of a few months ago. Outlays by producers of
other transportation equipment appear to be related to the
current defense program and to the high orders for commercial jet airliners and railway equipment. The stone, clay
and glass group is increasing investment outlays for the
fourth successive year.
Large firms continue to show larger year-to-year gains in
investment than small and medium-sized companies, as was
indicated in the survey of 3 months ago. Firms with
assets of $50 million and over indicate an increase of about
50 percent in the first 9 months of 1956 over the same
period last year; for all manufacturing firms the expected
rise is 40 percent.
Table 2.—Expenditures
on New Plant and Equipment by U. S.
Business1, Fourth Quarter 1955-Third Quarter 1956
Nonmanufacturing investment strong
[Millions of dollars]
Investment in new plant and equipment by nonmanufacturing industries has tended steadily upward in 1955 and
1956, although the aggregate has shown a less pronounced
1956
1955
Oct.Dec.
Jan.Mar.
Apr.June 2
JulySept. 2
3,499
2,958
3,979
4,046
1,718
1,462
2,036
2,127
Primary iron and steel
Primary nonferrous metals ._
Electrical machinery and equipment
Machinery except electrical
283
71
138
257
219
69
104
227
328
102
147
280
357
119
146
275
Motor vehicles and equipment
Transportation equipment excluding
motor vehicles .
Stone, clay and glass products
Other durable goods 3
354
Manufacturing
_ _
Durable-goods industries
Changes in Plant and
Equipment Expenditures
By Industries
Percent Chonge, 1st 9 mos. 1955 to I s t 9 m o s . 1956
0
20
40
60
80
INDUSTRY
341
498
531
88
183
344
132
293
121
197
363
140
213
346
1,781
1,496
1, 943
1,919
Food and beverages
Textile-mill products
_.
Paper and allied products
Chemicals and allied products
182
115
164
317
178
108
155
283
204
113
212
369
188
95
219
382
Petroleum and coal products
Rubber products
Other nondurable goods *
836
45
122
627
40
105
879
43
123
884
47
104
CHEMICALS 8 RUBBER
288
262
292
312
TEXTILE-MILL PRODUCTS
312
297
368
356
421
396
436
458
Public utilities
1,238
936
1, 360
1,431
Communications
599 i
>
2,041
2, 613
2,706
2,627
8,398
7,462
9,141
9,230
Nondurable-goods industries _ _.
Mining
__ _
Railroad
.. .
-
Transportation other than rail
Commercial and other 5
Total
~T
MANUFACTURING
TRANSPORTATION EQUIP.
( I N C L . MOTOR V E H I C L E S )
STONE,CLAY, & G L A S S
PAPER
PRIMARY METALS
MACHINERY (INCL. ELEC.)
PETROLEUM
FOOD 8 BEVERAGES
NONMANUFACTURING
RAILROAD
MINING
Seasonally Adjusted at Annual Rates
(Billions of dollars)
PUBLIC UTILITIES
COMMERCIAL a OTHER
Manufacturing _ _ _ _ _ _ _
_ _ _ _
Durable
Nondurable
Mining
_ _
12 48
13. 45
15. 15
16.07
6.00
6.48
6.57
6.88
7.90
7.25
8. 55
7.52
1.08
1.13
1.14
1.28
TRANSPORTATION, OTHER
THAN RAIL
DATA: SEC a QBE
Railroad
1.17
1.25
1.28
1.46
* Data for second and third quarters of 1956 are anticipated
\ Includes trade, service, finance, communication, and construction
Transportation, other than rail
1.70
1.65
1.68
1.89
U. S. Department of Co
4.48
4.56
4.95
5.28
Public utilities
.
___ _
Commercial and other 5
Total
10 54
10.78
10. 57
10.76
31.45
32.82
34.77
36. 74
1. Data exclude expenditures of agricultural business and outlays charged to current account.
2. Estimates based on anticipated capital expenditures reported by business in late April
and May 1956. The seasonally adjusted data include in addition to a seasonal correction,
an adjustment when necessary, for systematic tendencies in anticipatory data,
3. Includes fabricated metal products, lumber products, furniture and fixtures, instruments, ordnance, and miscellaneous manufactures.
- 4. Includes apparel and related products, tobacco, leather and leather products, and printing and publishing.
5. Figure for the fourth quarter 1955 includes trade, service, finance, and construction.
Data for 1956 also include communications.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
In the nondurable goods area, the largest relative increases
in expenditures over last year appear in the paper, chemicals
and rubber industries. The paper industry has increased
its investment each year since 1952, while in chemicals
scheduled outlays in the third quarter are now as high as they
were in 1953. Outlays by petroleum companies are also at
peak rates.
:e, Office of Business Econo
56-24-3
increase than manufacturing investment. Since the low
point in the first quarter of 1955, for example, manufacturing
outlays show an increase of about three-fifths, whereas nonmanufacturing is up by one-third.
Trends within the group are by no means uniform, however, and the greatest relative increase over this period
appears in the programs of the railroads, with a record
$1)2 billion rate scheduled for the third quarter—approximately double the low rate in the first quarter of 1955 and
50 percent higher than in the same period last year.
The sharper increases over last year are in equipment,
particularly freight cars, where railroads have received the
benefits of the Government's program of rapid tax amortization. Last September the Government agreed to embrace
in its freight car program those cars for which applications
had been filed and for which construction had been authorized or firm orders placed by December 31, 1955. At the end
of 1955 unfilled orders of freight cars totaled 135,000. While
backlogs have been reduced somewhat in early 1956, they
are currently equal to 17 months at rates of installation in
SURVEY OF CURRENT BUSINESS
6
June 1956
Table 3.—Expenditures on New Plant and
Manufacturing
Durable goods industries
Nondurable goods industries
1
Year and
quarter
Total
manufacturing
Total
Trans-
Electrical
Machin- Motor
Primary machinTotal Primary
ery
vehicles
noniron
ery
and
durable
except
ferrous
and
and
electrigoods
equipmetals equipsteel
cal
ment
ment
"on" «£*
equip^'
ment
,_
excludS™*
ing
i l "f
motor l ucts
vehicles
i
Total
Other
nondurable durable
goods
Food
and
beverages
Chemicals
and
allied
products
Paper
and
allied
products
Textile
mill
products
Petroleum
and
coal
products
Rubber i
products j
i
Millions of dollars
1939
5,512
1, 943
756
122
30
49
100
133
42
71
209
1, 187
243
136
67
1945
8,692
3, 983
1,590
198
54
123
316
262
56
100
481
2, 393
434
209
116
376
14, 848
6,790
3,112
500
93
282
511
591
109
241
785
3,678
670
342
232
800
1st quarter
2d quarter
3d quarter.
4th quarter
4,392
5, 143
5, 209
5,868
1.878
746
898
823
939
121
165
148
203
34
127
135
123
134
122
135
105
142
66
50
46
49
61
80
73
90
21
2, 481
2,148
2. 495
24
24
26
88
92
80
195
222
211
214
1, 132
1,283
1.325
1,556
213
230
244
259
108
128
131
153
86
84
94
107
Total
20,612
8,703
3, 407
638
178
304
519
504
95
326
843 !
5,296
946
510
371
1st quarter
2d quarter
3d quarter
4th quarter
5 005
5 501
5,415
6,141
2 201
2,310
2,164
2, 459
791
880
871
941
162
195
201
214
46
48
50
48
64
76
75
75
124
130
134
139
122
109
108
134
21
28
26
31
57
73
62
77
193
221
215
224
1 410
1. 430
1,293
1.518
949
262
278
271
142
161
152
163
Total
22, 059
9, 134
3, 483
772
193
289
527
474
106
269
853
5,651
1,053 j
618
1st quarter
2d quarter
3d quarter
4th quarter.
4,710
4, 978
4 672
4,927
1,855
1 , 874
1,655
1,765
672
646
600
675
166
154
135
140
34
35
40
43
57
50
49
61
100
97
89
96
78
85
86
100
22 |
24
18
22
45
47
38
51
169 1
155
145
163
1, 182
1,228
1.055
1 , 090
247
224
211
193
153
I'-sO
96
92
Total
19,285
7,149
2, 593
596
151
216
383 i
348
87
181
631
4, 555
875
471
1946
176 i
403
38 '
879
118
1.087
139
254
289
237
280
318
377
454
587
35
36
35
37
1, 060
1, 736
143
89 I
105
96
93
232
252
201
256
556
492
444
607
383
941 |
1
1947
1948
i
102
2,100
!
1949
36
27
28
43
41
51
66
87
85
90
95
141
68
116
141
185
12
18
21
31
134
245
411
510
82
51
70
78
111
69
94
92
118
124
152
185
222
160
224
236
230
34
52 j
63
71 i
310
373
683
851
316
406
325
464
1.12
122
142
137
86
94
90
116
163
171 !
156 1
211 |
5,614 |
1,511
512
38G
701 |
855 |
211
1,290 j
1,437
1,338 !
1 , 582
297
333
291
290
102
109
99
103
87
118
116
154
183
213
189
212
188
206
227 1
368 j
43
47
49
42
1,210
412
475
797
989
95
110 i
102 i
132 i
160
171
165
198
282
356
337
319
39
46
46
60 |
1,295
191 j
361
48 1
65 !
72
88
88 i
106
121
183
1st quarter2d quarter
3d quarter
4th quarter
4,188
4,844
5,251
6, 322
1,444
1,714
1,859
2, 474
567 i
704
772
1,092
111
130
140
218
Total
20,605
7,491
3,135
599 \
5,465
6, 502
6,505
7,173
2,157
2. 743
2,738
3,211
962 ;
1,248 ;
1.351 !
1,607 \
181
262
319
436
Total
i 25,644
10,852
5,168 i
1,198
1952
1
6,229
6, 81 6
6, 242
7, 206
2,622
3, 067
2. 706
3, 238
1,289 \
1.425 i
1 , 304
1,596 j
26,493
11,632
1951
:
1st quarter
2d quarter
3d quarter ...
4th quarter
j
1st quarter
2d quarter
3d quarter
4th quarter
73
78
68
79
160
189
154
167
431
484
418
456
298
670
1,789
20
22
21 i
18
81
i
\
1950
169
208
209
288
878
1,010
1,086
1,382
160
183
188
229
97 I
100
108
145
66
77
83
101
140 i
179
191 I
261
280
874
4, 356
760
450
327
771
77 1
102 i
102
116 i
264
293
276
304
1, 196
1, 495
1, 387
1,607
220
237
199
198
122
157
124
128
93
109
107
111
247
329
309
362 |
397 |
1, 136
5, 684
853
531
420
87
82 !
76
86
275
284
250
298
1 , 333
1, 642
1, 401
1,642
188
206
179
195
118
120
93
103
86
89
92
97
330 |
1,107
6,018
769
434
315
323
281 i
320
1,378
1,661
1, 520
1, 701
196
241
188
188
1,239 \
6,260
288
269
255
298 j
44
65
72
99 i
325
374
403
485
20 i
19
25
38
1,587
102
373
513
532
684
32
35
34
49
1, 247
2, 102
150
312
353
338
384
501
729
578
727
36
44
37
37
364
1, 386
2, 535
154
100
104
84
90
82
98
110
118
325
381
344
378
522
684
671
791
35
44
38
44
812
378
409
1,428
2,668
161
1,368
1, 550
1, 438
1,592
197
204
184
180
81
88
75
86
104
117
111
124
309
292
252
277
1,110
5,948
765
331
455
1, 130
260
306
304
344
1,186
1,517
1,521
1,781
170
196
171
182
77
92
83
115
92
120
142
164
1,214
6,003
718
366
518
|
|
219
!
;
;
Total
1953
1st quarter
2d quarter
3d quarter
4th quarter
i
29
28 i
23
22 i
186
205
228
236
64 !
61
37
49
l
i
6, 339
7, 274
7. 084
7, 625
.
Total
28,322
2, 668
3, 098 I
2. 858 :
3, 284 |
11,908
i
5,648
180
77 i
88
86 !
95 |
346
1954
i
6, 266
6, 932
6, 640
6, 988
2, 569 !
2, 859
2. 645
2, 965
1,201 !
1,309 :
1,207 !
1,373
190
200
169
195
69
69
53
55
Total . . . .
26,827
11,038 !
5,091
754
246 |
439
694
1st quarter
2d quarter
3d quarter
4th quarter
5, 847
7, 009
7, 449
8, 398
2, 249 ;
2, 795 j
2, 899 1
3, 499 j
1, 063
1, 278
1, 378
1.718
154
211
214
283
41
45
58
71
89
102
108
138
158 i
188 |
206 I
257
Total
28,701
5,436
863
214
436
809
1st quarter
2d quarter
3d quarter
4th quarter
1
78
88 i
80
115 1
530
696
682
776 j
32
35
29
35
!
131
490 !
730 i
741 i
836
30
36
39
45
2,798 !
150
2, 684
1955
11,439
224
256 j
295
354 i
1,128
1. Data exclude expenditures of agricultural business and outlays charged to current
account.
2. Includes fabricated metal products, lumber products, furniture and fixtures, instruments, ordnance, and miscellaneous manufactures.
274 ]
498
231 l
230 1
239
317
1,016
3. Includes apparel and related products, tobacco, leather and leather products, and
printing and publishing.
4. Includes trade, service, finance, and construction. Seasonally adjusted data also include
commun icat ions.
SURVEY OF CURRENT BUSINESS
June 1956
Equipment by U. S. Business,1 1939 and 1945-55
Manufacturing—
Contd.
Seasonally adjusted at annual rates
Mining
Railroads
Other
nondurable
goods 3
Transportation,
other
than
rail
Manufacturing
Public
utilities
Communica
tions
Commercial
and
other 4
Total
Total
manufacturing
Durable
goods
Nondurable
goods
Millions of dollars
Mining
Railroads
Transportation
other
than
rail
Public
utilities
Commercial
and
other *
Year and Quarter
Billions of dollars
124
326
280
365
520
302
1,776
1939
261
383
548
574
505
321
2,378
1945
408
427
583
923
792
817
4,516
1946
117
138
130
145
137
163
176
215
155
213
222
300
276
360
317
345
265
356
418
501
298
257
366
478
1, 383
1,613
1,562
1,534
530
691
889
1,298
1,539
1,399
6,093
120
128
100
106
183
216
219
265
272
312
322
413
291
347
312
336
458
613
642
831
429
445
425
443
1,171
1,258
1,331
1,394
454
882
1,319
1,285
2,543
1,742
5,154
98
101
87
85
215
204
183
191
361
381
310
300
217
226
233
211
636
774
797
918
355
360
302
303
1,071
1,159
1,192
1, 239
371
792
1,352
887
3,125
1,320
4,660
70
78
90
122
167
173
171
197
222
291
288
310
259
303
321
329
640
745
852
1,073
261
275
260
308
1,195
1,343
1,500
1,631
359
707
1,111
1,212
3,309
1,104
5,671
108
116
82
76
194
242
241
252
294
394
354
432
354
415
375
346
729
897
983
1,055
288
318
316
397
1,449
1,493
1,498
1,477
382
929
1,474
1,490
3,664
1,319
5,916
92
101
85
99
247
256
230
252
362
388
291
355
383
412
333
373
831
943
963
1,150
359
375
371
432
1,425
1,376
1,348
1,407
377
985
1,396
1,500
3,887
1,537
5,557
1947
8.24
8.62
8.88
9.01
19.69
20.31
21.03
21.33
3.32
3.59
3.36
3.35
4.92
5.03
5.52
5.66
.59
.66
.72
.77
.69
.82
.92
1.09
1.30
1.33
1.27
1.29
1.26
1.44
1.66
1.73
7.61
7.44
7.58
7.44
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1948
9.65
9.13
8.94
8.88
22.35
21.80
21.94
22.26
3.52
3.52
3.56
3.36
6.13
5.61
5.39
5.52
.79
.87
.90
.95
1.21
1.21
1.33
1.50
1.37
1.29
1.25
1.26
2.18
2.48
2.54
2.86
7.16
6.82
6.98
6.81
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1949
8.13
7.40
6.84
6.38
21.07
19.68
18.86
17.81
2.99
2.58
2.45
2.41
5.14
4.82
4.40
3.96
.92
.82
.76
.70
1.60
1.48
1.28
1.09
1.02
.84
.93
.79
3.03
3.13
3.16
3.16
6.36
6.01
5.89
5.69
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1950
6.34
6.78
7.68
8.92
18.42
19.23
21.04
23.30
2.52
2.82
3.15
3.90
3.82
3.96
4.52
5.02
.73
.68
.67
.75
.96
1.13
1.19
1.15
1.06
1.08
1.30
1.43
3.12
3.07
3.24
3.70
6.21
6.49
6.97
7.35
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1951
23.74
25.47
26.49
26.56
9.59
10.63
11.30
11.69
4.28
4.99
5.52
5.74
5.32
5.64
5.78
5.95
.82
.96
.96
.96
1.28
1.47
1.52
1.60
1.43
1.52
1.58
1.43
3.39
3.62
3.85
3.73
7.23
7.27
7.28
7.15
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1952
27.06
26.57
25.65
26.72
11.78
11.78
11.21
11.73
5.79
5.64
5.38
5.65
5.99
6.14
5.84
6.08
1.05
1.01
.92
.96
1.56
1.45
1.27
1.32
1.56
1.55
1.37
1.51
3.96
3.78
3.76
4.08
7.15
7.00
7.12
7.12
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1953
118
108
86
93
219
228
258
281
312
359
299
341
361
392
409
402
926
1,159
1,221
1,247
381
442
407
459
1,472
1,596
1,632
1,611
404
986
1,311
1,565
4,552
1,690
6,310
27.84
28.10
28.82
28.53
11.99
11.90
11.94
11.83
5.80
5.69
5.60
5.53
6.19
6.21
6.33
6.30
.94
.91
1.03
1.05
1.34
1.34
1.30
1.26
1.47
1.51
1.65
1.62
4.40
4.52
4.81
4.48
7.70
7.92
8.08
8.28
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1954
115
118
104
114
219
261
251
244
250
245
179
180
384
375
374
379
929
1,121
1,060
1,109
404
448
410
455
1,512
1,623
1,723
1,655
451
975
854
1,512
4,219
1,717
6,513
27.46
26.92
26.84
26.18
11.62
11.09
10.98
10.58
5.40
5.18
5.06
4.80
6.22
5.90
5.93
5.79
.94
1.04
1.00
.91
1.04
.91
.80
.68
1.57
1.44
1.51
1.53
4.33
4.37
4.12
4.01
7.97
8.07
8.42
8.46
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
1955
96
113
106
122
186
235
248
288
179
217
215
312
359
420
401
421
845
1,052
1,174
1,238
422
471
491
599
1,608
1,819
2,021
2,041
437
957
923
1,602
4,309
1,983
7,488
25.65
27.19
29. 65
31.45
10.17
10.84
11.97
12.48
1
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
4.78
5.06
5.77
6.00
5.39
5.78
6.20
6.48
.80
.94
.99
1.08
.74
.80
.96
1.17
1.46
1.62
1.60
1.70
4.01
4.09
4.43
4.48
8.46
8.90
9.70
10.54
1st quarter.
2d quarter.
3d quarter.
4th quarter.
Total
NOTE.—For sources and methods of estimation see December 1951 and August 1952 "Survey
of Current Business."
SUEVEY OF CUEKENT BUSINESS
8
recent months. The roads are also very sizably increasing
outlays for construction.
The scheduled rise in seasonally adjusted outlays by public
utilities—from an annual rate of $4^ billion in the first
quarter to over $5# billion in the third quarter—occurs in
both electric and gas utilities. The electric companies are
resuming a rising trend of outlays after two years of reduced
spending; expenditures planned for the third quarter are
virtually as high as their record rate just 3 years ago. The
electric utilities, like the railroads, have been assisted by
the accelerated amortization program, which has seen the
certification of over $1% billion in power generating and
transmission facilities in the 8 months ending this May.
In 1955 about one-half of the $3 billion electric utilities
spent in capital outlays was for such facilities. Gas company
June 1956
expenditures also continue to rise on a seasonally adjusted
basis, largely as a result of new natural gas pipeline construction.
Other nonmanufacturing
The rise in mining companies' capital expenditures
through the third quarter is general among all the major
sectors; the increasing programs of coal companies are
especially notable. The airlines are responsible for most of
the expected third quarter increase in outlays by nonrail
transportation companies. Programs of communications
companies call for increasing rates of fixed investment
through the third quarter, while not much change is expected
in expenditures by trade and service firms.
Concerns in Business and Their Turnover
THE NUMBER of business concerns in operation in the United
States was 4% million at the beginning of 1956, having expanded during 1955 under the impetus of the general advance
in economic activity which characterized that year. The
increase during 1955 of more than 60,000 concerns was larger
than in any other year since 1948, which marked the end of a
period of rapid postwar growth after the reduction caused by
wartime conditions.
Except for minor seasonal variations, the business population as a whole was at a virtual standstill during 1953 and
1954, a period which witnessed some decline in business and
Table 3.—Number of Firms in Operation, Selected Dates 1940-55,
and Number of New, Discontinued and Transferred Businesses,
1953-55 i
[Thousands]
ConAll in- tract
condustries struction
Manu- Whole factursale
ing
trade
Retail Service
trade industries
All
other
Firms in operation
Dec. 31, 1940
Dec. 31, 1943
Dec. 31, 1948
Dec. 31, 1952
3, 276. 0
2, 839. 1
3, 984. 2
4, 178. 8
194.2
146.9
338.9
417.7
230.4
246.4
322.5
326.9
190.1
169.8
260.1
282.9
1, 560. 7
1, 291. 4
1, 782. 7
1, 853. 0
614.6
536.0
738.6
738.9
486.2
448.5
541.3
559.4
June 30, 1953
Dec. 31. 1953
June 30, 1954r
Dec. 31, 1954
June 30, 1955 r
Dec. 31, 19552
4, 205. 7
4, 185. 3
4, 196. 7
4, 189. 0
4, 232. 3
.4, 252. 0
432.3
431.3
441.3
446.1
465.6
475.0
326.6
321.8
317.6
312.5
311.4
308.0
285.0
285. 6
287.1
287.5
289.9
291.0
1, 859. 2
1, 849. 9
1, 850. 7
1, 846. 1
1, 857. 3
1, 865. 0
741.9
739.0
742.3
740.6
745.0
746.0
560.7
557.5
557.7
556.2
563.0
566.0
199.3
141.2
189.0
145.2
210.2
164.0
40.4
23.9
35.7
25.8
40.9
28.0
16.0
10.4
13.1
9.6
14.9
11.0
29.6
23.1
30.3
22.8
32.8
26.0
24.0
17.2
23.5
18.2
28. 1
21.0
Jan.-June 1953 _
July-Dec. 1953
Jan.-June 1954r
July-Dec. 1954 T
Jan.-June 19552
July-Dec. 1955
172.4
161.6
177.6
153.0
166.9
144.0
25.8
24.9
25.8
21.0
21.4
19.0
26.7
25.9
27.0
24.6
28.3
24.0
22.7
20.3
23.3
19.8
21.2
18.0
Jan.-June 1953
July-Dec. 1953
Jan.-June 1954
July-Dec. 1954
Jan.-June 1955
July-Dec. 19552
205.0
151.2
181.8
137.9
176.3
145.0
8.6
5.5
7.3
5.0
6.6
5.0
30.5
21.9
26.6
19.7
26.4
21. Q
13.1
9.9
12.2
8.7
12.0
9.0
New businesses
Jan. -June 1953
July-Dec 1953
Jan. -June 1954
July-Dec. 1954
Jan.-June 1955
July-Dec. 1955 2..
. ..
11.9
8.6
11.0
8.9
11.7
9.0
77.4
58.1
75.4
59.8
81.8
68.0
Discontinued businesses
16.3
15.2
17.3
14.8
16.0
14.0
9.8
8.0
9.6
8.4
9.4
8.0
71.1
67.3
74.6
64.5
70.6
61.0
Transferred businesses
9.8
6.6
7.8
5.5
7.5
6.0
7.4
5.4
6.5
4.5
6.0
5.0
135.6
102.0
121.5
94.6
117.7
100.0
r. Revised estimate.
1. Business population estimates for earlier years appear on pages 12-16 of the January 1954
issue of the SURVEY.
2. Based on incomplete data.
Source: U. S. Department of Commerce, Office of Business Economics. Estimates based
primarily on data from the U. S. Department of Health, Education and Welfare, Bureau of
Old-Age and Survivors Insurance.
profits from the second quarter 1953 peak. In 1955, the
growth in the number of operating businesses was slightly
in excess of the long-term growth trend. The increase in the
number of operating concerns in 1955 resulted from both a
rise in the number of new firms started and a decrease in the
number of business discontinuances.
Last year's rise in concerns in business was reflected in
each of the major industry divisions except manufacturing,
which continued to dip slightly. Manufacturing was the only
major division in which the number of operating concerns
increased throughout the World War II period. This division also shared in the rapid rise in the earlier postwar years.
Contract construction again last year showed the largest
relative increase in operating concerns—6% percent. The
construction division dipped and rose much more sharply
than any other major part of the business population in
response to war and reconversion influences. This division
currently contains nearly 3K times the number of concerns
operating in December 1943; the latter period marks the low
point since 1935 in the total number of concerns in business.
The more stable trade and service divisions gained about one
percent each last year and now contain about 1% times as
many firms as in 1943.
Business starts up, closures down
During 1955, some 374,000 new firms were established,
about 311,000 businesses discontinued operations, and
321,000 going concerns were purchased or otherwise acquired
by new owners. More new businesses were started last year
than in any other year since 1948, when new firms numbered
393,000. Fewer firms discontinued business last year than
in either 1954 or 1953; except for these 2 years, however,
discontinuances were more numerous last year than in any
other since the 337,000 closures in the wartime year 1943.
The number of businesses newly established in 1955 was 12
percent higher than in the previous year and 10 percent
higher than in 1953 while the number of concerns discontinued was below the same years by about half these percentages.
This pattern was repeated in each of the major industries
except services where both new and discontinued businesses
increased in number from 1954 to 1955. The increase in the
number of new service firms, 10 percent, was much greater
than the \% percent increase in discontinued firms.
Business transfers in 1955 were little different from 1954,
but 10 percent below 1953. About two-thirds of all firms
involved in transfers of ownership are classified in retail
trade while this division contains about three-fifths of the
operating concerns.
by Selnia F. Goldsmith
Income Distribution
in the United States, 1952-55
.EFFECTING the marked
R,
expansion in economic activ-
t h e p a s t quarter-century.
Total real family personal inity that took place last year,
come (before income taxes)
This article presents estimates of the distribution of
the total income of American
more than doubled between
families and family income by income brackets for 1952-55,
families reached a record high
1929 and 1955, increasing from
and summary data for selected earlier years. Detailed
of $288 billion in 1955. This
$136 billion in the earlier
income size distributions for 1950 and 1951 may be found
represented a gain of $15
year to $288 billion in the
in the March 1955 issue of the Survey of Current Business,
billion or 5 percent over the
latter—both measured in
and for 1944, 1946 and 1947 in the supplement to the Survey
previous year, and followed
terms of 1955 prices. This
entitled 'Income Distribution in the United States, by
an increase of $2 billion from
represented an average anSize, 1944-50" (U. S. Government Printing Office, Wash1953 to 1954.
nual rate of growth of almost
ington 25, D. C., 1953, price 65 cents). A brief technical
Family income after Fed3 percent. After-tax total
note on definitions, data sources, and methods may be found
eral income tax liability
income in the same period
at the end of this article. For a more detailed discussion
reached $260 billion last year.
increased at an average of
of these matters the reader is referred to the two earlier
Increases since 1953 in this
about 2)2 percent per year.
publications.
aggregate have been someThe smaller rate of growth
what smoother than in the
in the after-tax than in the
before-tax totals because inbefore-tax total reflects the
come tax liabilities fell by $3
higher Federal individual inbillion from 1953 to 1954 and rose by $2 billion last year.
come tax liabilities that were introduced during World
War II.
Since consumer prices have been rather stable over the
past few years, the pattern of recent income changes is
The striking rise in total real income from 1929 to 1955 was
similar whether in terms of current or constant dollars.
accompanied by an increase in the number of families sharing
in that income from approximately 36 million to 52 million.
When distributed among the Nation's 52 million families,
Hence the increase in average income per family has been
income before personal taxes averaged $5,520 per family in
less than the rise in total income. Average after-tax income
1955, a rise of 3 percent over 1954. This rise followed a
per family was about $3,730 in 1929 (in terms of 1955 dolslight reduction in average family income between 1953 and
lars) as compared with $4,980 last year. The average
1954. (The term "family" is used in the text of this article
increase of almost $50 per year represented an annual rate of
to include unattached individuals as well as multiperson
growth of over 1 percent.
families, except where specific reference is made to the
latter group.)
Changes in income distribution, 1953-55
Federal individual income tax liabilities on 1955 personal
incomes are estimated to have averaged $540 per family.
Table 2 compares distributions of families and family
This was $30 more than in 1954, but approximately $40 less
income in the United States by brackets of before-tax income
than in 1953. The 1953-54 decrease in Federal tax liabilities
in 1953, 1954, and 1955. In the absence of statistical inforstemmed mainly from reductions in statutory tax rates and
mation from tax returns for these years, these preliminary
revisions introduced in the Internal Revenue Code of 1954,
current dollar distributions have been extrapolated from
whereas the 1954-55 increase in these liabilities reflected a
tax-return-based statistics for 1952 by means of sample
shift of family incomes into higher tax brackets.
survey data on family incomes, and have been adjusted to
Average income after Federal income tax in 1955 apagree statistically with the family income totals embodied
proached the $5,000 mark. (Allowance for State and local
in
the annual personal income series.
income taxes, it may be noted, would reduce the after-tax
In contrast to the stability of the income distribution
average by about $25.)
between 1953 and 1954, there was a general shift of families
In order to trace trends in purchasing power over longer
up the income scale from 1954 to 1955. In the latter year
periods, it is necessary to eliminate the effects of changes in
about 23 million families, or 45 percent, had incomes over
the prices of goods and services bought by families from the
$5,000 and the amounts of income which they received totaled
current dollar measures of family income. This is done in
$204 billion.
table 1 where these incomes are expressed in terms of dollars
Both in 1953 and 1954 there were 21 million families in
of 1955 purchasing power. As can be seen from this table,
this
income range receiving total incomes of $188 billion.
the 1954-55 increase in average real family income was a
Thus,
before-tax income in the range above $5,000 increased
continuation of a broad postwar rise. This rise was interby almost 9 percent from 1953-54 to 1955.
rupted only by the business recessions of 1949 and 1954.
Comparisons with the prewar year 1929 serve to illustrate
NOTE.—MRS. GOLDSMITH IS A MEMBER OF THE NATIONAL INCOME
the long-term growth in real income that has taken place over
DIVISION OF THE OFFICE OF BUSINESS ECONOMICS.
388009°—56
2
10
SURVEY OF CURRENT BUSINESS
This rise represented a continuation of the shift of current
dollar incomes into higher brackets that has taken place in
almost every year since the beginning- of World War II.
Between 1947 and 1953, for example, both the number of
families with incomes over $5,000 and the total personal
income in this range just about doubled (table 4). It is of
interest to note that throughout the postwar period the
increases in absolute incomes have been accompanied by a
remarkable stability in the relative distribution of family
income.
The upward shift of families on the after-tax income scale
between 1953 and 1955 was somewhat larger than the rise in
Distribution of Families*
by Income Groups, 1955
June 195
Table 1.—Average family personal income before and after Feelers
Individual Income Tax Liability
Average (mean) personal income per
Number
family or individual
of families
and unattached
Before tax
After tax
individuals
(millions) In current In 1955
In current 111 1955
dollars
dollars
dollars!
dollars
Year
1929
1947
1950
1951
1952
1953
1954
1955
36. 1
44.7
48.9
49.5
50.2
50.5
51.2
52.2
. . .
$2, 340
4, 130
4,440
4,900
5,120
5,370
5,340
5, 520
$3, 760
4,870
4,940
5, 100
5,240
5,430
5, 360
5,520
$3, n
$2, 320
3, 720
4, 070
4,420
4,570
4,790
4,830
4,980
4^55
4^84
4*98
1
The price indexes used as deflators are those employed in deflating the personal consump
tion expenditure series in the national income accounts.
Table 2.—Familes and their incomes by family income level, 1953-5,
MILLIONS OF FAMILIES
10
Number of families and
unattached individuals (millions)
Family personal income (before income
taxes)
1953
Family personal income
(billions of dollars)
1955
1954
1953
19,54
1955
j
Under $1,000 ..
$1,000-$!, 999
$2 000-$2 999
$3,000-$3,999
$4,000-$4,999
3. 1
5.3
6.2
7.2
7.4
3.1
5.4
6.3
7.4
7.6
3.0
5.3
6.2
7.1
7.6
1.5
8.2
15.5
25.2
33.5
.5
f \. 3
U). 8
2,). 8
3^L 1 !
1.
8.
15.
25.
34. i
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
6.4
6.2
5.0
6.5
6.3
4.9
6.7
6.7
5.5
35.1
41. 7
42.0
3,x 4
412.0
4 .6
36.!
44.'
47.
$10,000-$14,999
$15,000 and over
2.2
1.5
2.2
1.5
2.4
1.7
26. 6
42. 2
2» }. 6
4f >. 2
29. ;
46. (
52.2
271. 5
27,{. 3
288. ;
Total
50.5
51.2
Percent distribution
UNDER
1
2
3
4
5
6
7
8
9
10
15
I
TO
TO
TO
TO
TO
TO
TO
TO
TO
TO
AND
2
3
4
5
6
7
10
15
OVER
8 9
FAMILY PERSONAL INCOME G R O U P S
(THOUSANDS OF DOLLARS)
Includes unattached individuals
U. S. Depart
Under $1,000
$1 000-$1 999
$2,000-$2,999_
$3,000-$3,999
$4 000-$4,999
6
11
12
14
15
6
11
12
14
15
6
10
12
13
14
1
3
6
9
12
1 :
3 i
6
9
12
1
i
£
£
12
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
13
12
10
13
12
10
13
13
11
13
15
15
13
15
15
13
15
16
4
3
4
3
5
3
10 |
16
10
16
10
16
100
100
100
LOO
100
$10,000-$14,999
$15,000 and over
.
Total
100
56-24-6
before-tax incomes shown in table 2. This is because the
impact of the Federal individual income tax was less marked
in 1954 and 1955 than in 1953. As has been indicated,
Federal income tax rates were reduced in 1954, and although
liabilities rose in 1955 they are estimated to have remained
below the 1953 level.
In the interpretation of table 2 it should also be remembered that the figures reflect the overall experience of families
as a whole, and that not all groups shared in that experience.
For example, the average income of the farm operator group,
which has been declining since 1951, was lower in 1954 and
1955 than in 1953.
Table 3.—Relative importance of major types of income by income
level, nonfarm multiperson families, 1952
Family personal income (before income taxes)
ies
Non- DividTransfarm
ends
fer
and
InpayTotal |
busifamily Wages
ness income terest men ts
and
and
perand
and
from
missonal salaries profes- estates rental
and
income cellaincome
sional
neous
income trusts
income
Percent distri >ution
Under $4,000
32.5
14.7
15.0
3.5
5. 5
16. 1
33.3
27.4
30. 9
15.0
6.4
i
22.0 !
43. 4
$4,000-$*, 999
$6,000-$9,999
25.5
31.4
34.6
24.3
12.5
26.8 |
22.2
$10 000 and over
Sources of income
Nonfarm
famil-
Total
-
87
26 5
19 5
57 2
100.0
100.0
100.0
100.0
75 6 .
I
29.5
35 1
4 9
100. 0
* 100. 0
12.4
;
100. 0 '•
Percent of total income
In order to throw light on the composition of family income, estimates have been developed of the distribution of
each major type of income among broad family income
brackets. These distributions, which are shown in the accompanying chart and in table 3, are for 1952—the latest
year for which comprehensive data from income tax returns
are available—and apply to nonfarm multiperson families.
Under $4 000
100.0
74.0
2.5
1.5
9.6
$4,0()0-$5,999
100.0
81.7
5.8
1.0
7.0
4.5
$6,000-$9,999
100.0
79.8
82
1.6
7.4
3.0
$10,000 and over
100.0
53.1
22.9
11.7
11.5
.8
Total
100.0
72.4
10.6
4.1
8.7
4.2
SURVEY OF CURRENT BUSINESS
June 1956
It should be emphasized that these distributions which involve breakdowns by both type and size of family income
are of a more approximate character than the annual family
income distribution estimates in which only size of family
income is distinguished. The breakdowns by income type
and size were developed by combining information from tax
returns with data from sample surveys and various other
sources, and integrating the results with totals for each of
the various types of income which had been derived independently in constructing the personal income series. For
certain types of income—particularly for social insurance
benefits, veterans' payments, and the various items of nonmoney income—the available information on distribution by
family income brackets is incomplete.
Despite their imperfections, the estimates are believed to
provide a reasonably good approximation of the variation
in the source pattern of income among family income
brackets. Although referring to 1952, the broad pattern of
income structure is applicable to other recent years as well.
Each bar in the accompanying chart refers to a given type
of income received by nonfarm multiperson families in 1952;
the four divisions within each bar show the percentages of
the total received by families in each of four broad family
income brackets.
The chart indicates that there were striking differences
among major types of income with respect to their distribu-
11
tion among family income brackets. Dividends and business income were most heavily concentrated in the family
income range about $10,000, wages and salaries in the middle-income range between $4,000 and $10,000, and transfer
payments in the range below $4,000.
Starting with norifarm families with incomes under $4,000,
it is found that these groups received 43 percent of total
transfer payments. This was in marked contrast to shares
of about 15 percent in total income, in wage and salary income, and in interest and rents, and of 4 to 5 percent in
business income and dividends. The relative importance of
transfer payments in the lower income ranges would be even
more marked if unattached individuals were included along
with multiperson families in table 3. The high proportion
of transfers in this income range reflects the concentration
in low income brackets of aged persons living on pensions or
old-age benefit payments and of families receiving public
assistance.
Nonfarm families in the middle income brackets between
$4,000 and $10,000 accounted for less than 60 percent of
total income,
but for 65 percent of the largest component of
that income4, wages and salaries. This group's share in all
types of nomvage income combined was only 41 percent.
The greatest contrast among income types appears for
incomes above $10,000. Families in this range received 76
and 57 percent of total dividends and business income,
Percent Distribution of Major Types of Income
Among four nonfarm family income groups*, 1952
FAMILIES WITH
INCOME OF-
PERCENT OF TYPE OF INCOME
- 100
$10,000 8 OVER
- 80
- 60
$6,000-$9,999
- 40
$4,000-$5,999
- 20
>*«*•***«***•*•***•*•*«
UNDER $4,000
TOTAL
FAMILY
PERSONAL
INCOME
DIVIDENDS 8
INCOME FROM
ESTATES 8
TRUSTS
NONFARM
BUSINESS a
PROFESSIONAL
INCOME
INTEREST a
RENTAL
INCOME
WAGES a
SALARIES
TRANSFER
PAYMENTS
Nonfarm multiperson families grouped by size of total income before tax
U. S. Department of Commerce, Office of Business Economics
56-24-7
SURVEY OF CURRENT BUSINESS
12
June 1056
Table 4.—Distribution of Consumer Units and of Family Personal Income by Family Personal Income Level, Selected Years, 1944—54
Number of families and unattached individuals (thousands)
Family personal income (before
income taxes)
Under $1,000
$1,000-$! ,999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
.
$10,000-$14,999 -.
$15,000-$19,999
$20,000-$24,999
.. _.
$25,000-$49,999
$50,000 and over
Total
Aggregate family personal income (millions of dollars)
1952 1953 1
1954
1944
1946
1947
1950
1951
1952
1953 l
3,282
,687
,541
,636
,631
3,047
5, 336
6,189
7, 181
7,441
3, 103
5,440
6,311
7,341
7,585
2, 390
12, 338
21, 938
26, 960
20, 261
2, 017
11,570
22, 007
29, 906
23, 956
1,973
11,231
21,176
30, 045
25, 583
1,943
11,333
20, 273
29, 983
31, 533
1, 680
9,084
17, 945
28, 696
33, 552
1, 688
8,627
16,411
26, 792
34, 305
1, 566
8,067
15, 535
25, 222
33, 450
1, 587
8,236
15,840
25, 783
34, 097
3,474
3.151
2, 170
4,694 ! 5,580
,072
3,836
i 5,323 I
,801
9
758 1 3 390 i 4 121
6. 406
6, 241
4, 945
6, 465
6, 274
4,904
13, 739
14, 942
11, 802
16, 725
16, 833
14, 905
18, 957
20,812
18, 454
25, 603
25, 578
23, 364
30, 502
35, 596
28, 531
33, 200
38, 759
34, 660
35, 057
41, 742
42, 029
35, 373
41,959
41, 628
1,070
332
143
1, 199
386
167
1,536
1,899
414 i
523
218 |
274
2,206
2, 206
8,483
f 4,215
j 2, 395
18,310
7,083
4, 826
22, 617
8, 933
6, 063
24, 212
10,214
6, 986
26, 597
140
40
191
54
208
55
• 1,518
14, 300
6, 586
3,700
26,614
1,521
12, 784
5,692
3,165
4, 651
3, 607
6,308
4,837
6,879
4,902
9,743
7,690
11,097
8,356
42,201
42, 231
12, 633
8,675
40, 880
43, 330
14, 740
147,721
170, 705
184, 598
217,262
2^2, 652
257, 162
271, 483
273, 331
1944
1946
1947
1950
4, 352
8,108
8, 762
7,723
4,535
3, 826
7, 606
8,791
8,590
5,364
3, 748
7. 370
8,459
8, 628
5, 725
3,861 ! 3,227
7,464 i 6,022
8,091
7.164
8,586 | 8,192
7.054
7,455
2,515
2, 259
1 385
3, 065
2, 547
1,751
707
246
108
1951
294 i
84 1
48,890
336
95
2,041
598
316
384
100
I
I
49,4?fl i 50,210
50, 510
51, 150
1954
Percent distribution
!
10.7
19 8
21.4
18.9
11.1
8.8
17.6
20.3
19.8
12.4
8.4
16 5
18.9
19.3
12.8
$5,000-$5,999 . .
$6 000 $7 499
$7,500-$9,999
6.2
5 5
3.4
7.1
5 9
4.0
7.8
7. 0
4,8
$10,000-$14,999
$15,000-$19,999
$20,000-$24,999
1.7
.6
.3
2.5
.8
.3
2.7
.8
.4
9.6
7.9 ;
5.6 |
!
3.1 i
.8 I
.4 !
.3
.1
.4
.1
.5
.1
.6 |
.2 '
100.0
100.0
100.0
Under $1,000
$1 000-$1 999
$2,000-$2,999
$3,000-$3,999
$4 000- $4, 999
$25,000-$49,999
$50,000 and over
Total
7. 9
15 3
16.6
17. 6
14.4
6. 5 ,
12 2
14.5
16. 5
15.1 j
100.0
0. 5
11 3
13.0
1.5. 2
15.2
6. 0
10.6
12.2
14.2
14.7
6.1
10.6
12.3
14.4
14.8
1.6
8.4
14.9
18.3
13.7
1.2
6.8
12.9
17.5
14.0
1.1
6.1
11.5
16.3
13.8
0.9
5.2
9.3
13.8
14.5
0.7
3.7
7.4
11.8
13.8
0.7
3.3 !
6.4
10.4
13.3
0.6
3.0
5.7
9.3
12.3
0.6
3.0
5.8
9.4
12.5
11.3 !
12. 1
10.7 l 11.6
6.8
8.2
12.7
12.4
9.8
12.6
12.3
9.6
9.3
10.1
8.0
9.8
9.9
8.7
10.2
11.3
10.0
11.8
11.8
10.8
12.6
14.7
11.8
12.9
15.1
13.5
12.9
15.4
15.5
12.9
15.4
15.2
4.4
4.3
7.5
3.3
1.9
7. 7
3.6
2.0
8.4
3.3
2.2
9.3
3.7
2.5
9.4
4.0
2.7
9.8
9.7
3.0
3.0
5. 7
2.9
1.6
15.5
3.1
2.4
3.7
2.8
3.7
2.7
4.5
3.5
4.6
3.4
15.5
4.9
3.4
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
3.8
1.1
.6
4.1
1.2
.6
,7
.2
.8
.2
100.0
I
100.0100.0
100.0
1. Revised.
Table 5.—Distribution of Family Personal Income and Federal Individual Income Tax Liability Among Quintiles and Top 5 Percent of
Consumer Units, 1952-54
Percent distribution of—
Quintile
Family personal income
1952
Lowest
2
3
4
Highest
._
Total
Top 5 percent
1953
Lowest
2
3
4
Highest
_.
Total
Top 5 percent
. . . . . .
Tax
liability
Lower income limit
of
quintile }
Mean amount of—
After-tax
income
Family personal income
(dollars)
1,249
2,918
4,255
5, 732
11, 455
Tax
liability
(dollars)
35
163
284
514
1,762
After-tax
income
(dollars)
1,214
2,755
3,972
5,218
9,692
Tax rate
(percent)
2.8
5.6
6.7
9.0
15.4
4.9
11.4
16.6
22.4
44. 7
1.3
5.9
10.3
18.6
63.9
5.3
12. 1
17.4
22.8
42.4
100.0
100.0
100.0
5,122
552
4,570
10.8
20.5
40.3
18.2
21, 028
4,442
16, 585
4.9
11.4
16.6
22.4
44.7
1.3
6.1
10.7
19.0
62.9
5.2
12.1
17.4
22.8
42.4
1,319
3,070
4. 469
6,011
12, 006
40
177
311
556
1,836
1,279
2, 893
4. 158
5, 455
10, 169
100.0
100.0
100.0
5,375
584
4,791
10.9
20.5
39.7
18.2
22, 035
4,634
17, 401
4.9
11.4
16.6
22.4
44.7
1.4
6. 1
10.6
18.9
63.0
5.3
12.0
17.3
22.7
42.7
1,313
3, 056
4,443
5,975
11, 932
35
155
270
482
1,609
1,278
2,901
4,173
5,492
10, 323
100.0
100.0
100.0
5,344
510
4,833
9.5
20.5
39.9
18.4
21, 902
4,077
17, 825
18.6
Before-tax
basis
(dollars)
!
!
After-tax
basis
(dollars)
2,170
3. 610
4. 910
6, 760
2,060
3,390
4,540
6,080
21.1
11, 480
10, 180
3.0
5.8
7.0
9.2
15.3
2, 290
3, 800
5, 150
7,080
2,170
3, 560
4,750
6,370
21.0
12, 080
10, 710
2.7
5.1
6.1
8.1
13.5
2,280
3,780
5,120
7,040
2,180
3,570
4,770
6,420
12, 020
10, 820
1954
Lowest
2
3
4
Highest
.
..
Total
Top 5 percent
1. Rounded to nearest $10.
SURVEY OF CURRENT BUSINESS
June 1056
13
Table 6.—All Consumer Units: Distribution of Number, Family Personal Income, and Federal Individual Income Tax Liability by Family
Personal Income Level, 1952
Number Family personal income
of
families
and
unatAggregate
tached
(millions
Average
indiof dollars)
(dollars)
viduals
(thousands)
Family personal income
(before income taxes)
Under $1,000 .
$1,000-$!, 999
$2,000-$2,999 $3,000-$3,999___
$4,000-$4,999
_
Percent distribution
Federal individual income tax
liability
Cumulative
Simple
Aggregate
(millions
of dollars)
Tax rate
(percent)
Average
(dollars)
Income
Xumber
Tax
liability
Number
Tax
liability
Income
3, 282
5, 687
6,541
7, 636
7, 631
1,688
8, 627
16,411
26, 792
34, 305
514
1,517
2,509
3, 508
4, 495
0
251
857
1, 622
2,361
0
44
131
212
309
0
2.9
5.2
6.1
6.9
6.5
11.3
13.0
15.2
15.2
0.7
3.3
6.4
10.4
13.3
0
.9
3.1
5.9
8.5
6.5
17.8
30.8
46.0
61.2
0.7
4.0
10.4
20.8
34.1
0
.9
4.0
9.9
18.4
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
6,072
5,801
4,121
33,200
38, 759
34, 660
5,468
6, 682
8,412
2,840
3,848
3,630
468
663
881
8.6
9.9
10.5
12.1
11.6
8.2
12.9
15.1
13.5
10.3
13.9
13.1
73.3
84.9
93.1
47.0
62.1
75.6
28.7
42.6
55.7
$10,000-$14,999__.
$15,000-$19,999
$20,000-$24,999
2,041
598
316
24, 212
10,214
6, 986
11,860
17,087
22,104
2,861
1, 555
1,258
1,401
2, 601
3,981
11.8
15.2
18.0
4.1
1.2
.6
9.4
4.0
2.7
10.3
5.6
4.5
97.2
98.4
99.0
85.0
89.0
91.7
66.0
71.6
76.1
384
100
12, 633
8,675
32. 871
86, 685
3,069
3,548
7,987
35, 457
24.3
40.9
.8
.2
4.9
3.4
11.1
12.8
99.8
100.0
96.6
100.0
87.2
100.0
50,210
257, 162
5,122
27, 700
552
10.8
100.0
100.0
100.0
$25,OOQ-$49,999
$50,000 and over. _ _
---
-
Total
Table 7.—All Families: Distribution of Number and of Family
Personal Income by Family Personal Income Level, 1952
Family personal
income (before
income taxes)
Family personal
income
Number
of
families
Aggre(thougate
sands) (millions Average
(dollars)
of
dollars)
Percent distribution
Cumulative
Simple
Number
Income
Number
1, 179
3, 161
4,389
6,294
6,968
679
4,847
11, 083
22, 174
31, 361
576
1, 533
2, 526
3,523
4,501
2.9
7.8
10.8
15.4
17.1
0.3
2.1
4.7
9.5
13.4
2.9
10.7
21.5
36.9
54.0
0.3
2.4
7. 1
16.6
30.0
$5,000-$5,999
$6,000-$7,499
$7 500-$9,999
5,794
5, 635
4,009
31, 692
37, 658
33, 716
5,470
6,683
8,410
14.2
13.8
9.8
13.6
16.1
14.4
68.2
82.0
91.8
43.6
59.7
74.1
$10,000-$14,999
$15,000-$19,999
$20,000-$24,999
1,987
581
307
23, 571
9,932
6,791
11, 860
17, 085
22, 105
4.9
1.4
.8
10.1
4.2
2.9
96.7
98.1
98.9
84.2
88.4
91.3
370
96
12, 139
8,253
32, 844
86, 296
.9
.2
5.2
3.5
99.8
100.0
96.5
100.0
40,770
233, 896
5,737
100.0
100.0
Total
Family personal
income (before
income taxes)
Income
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999 _
$4,000-$4,999
$25,000-$49,999
$50,000 and over
Table 9.—Farm Operator Families: Distribution of Number and
of Family Personal Income by Family Personal Income Level,
1952
Family personal
income (before
income taxes)
Family personal
income
Number
of
families
Aggre(thouAverage
gate
sands) (millions (dollars)
of
dollars)
Number
Cumulative
Income
Number
Number
Income
9.9
21.5
19.2
15.2
10.7
1.7
8.3
12.1
13.5
12.3
9.9
31.4
50.6
65.8
76.5
1.7
10.0
22.1
35.6
47.9
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
403
352
253
2,204
2, 344
2,167
5,464
6,653
8, 566
7.5
6.6
4.7
10.5
11.2
10.3
84.0
90.6
95.3
58.4
69.6
79.9
$10,000-$14,999
$15,000-$19,999
$20,000-$24,999
161
44
19
1,924
757
414
11,974
17, 147
22, 181
3.0
.8
.4
9.2
3.6
2.0
98.3
99.1
99.5
89.1
92.7
94.7
19
7
628
491
32, 730
70, 500
.4
.1
3.0
2.3
99.9
100.0
97.7
100.0
5,360
20, 974
3,913
100.0
100.0
$25,000-$49,999
$50,000 and over, - _ _ _ _ .
Table 10.—-Unattached Individuals: Distribution of Number and
of Family Personal Income by Family Personal Income Level,
1952
Family personal
income (before
income taxes)
Income
314
3,109
8,535
19, 352
28, 790
485
1,550
2,540
3,530
4,502
1.8
5.7
9.5
15.5
18.1
0.1
1.5
4.0
9.1
13.5
1.8
7.5
17.0
32.5
50.6
0.1
1.6
5.6
14.7
28.2
Under $l,mo
$1,000-$!, IT- 0 . ._
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
5,391
5,283
3,756
29, 488
35, 314
31,549
5,470
6,685
8,400
15.2
14.9
10.6
13.8
16.6
14.8
65.8
80.7
91.3
42.0
58.6
73.4
$5,000-$5,999
$6,000 -$7,499
$7,500-$9,999
$10,000-$M,999
$15,000-$19,999
$20,000-$24,999
1,827
537
288
21, 647
9, 175
6,378
11,850
17,080
22, 100
5.2
1.5
.8
10.2
4.3
3.0
96.5
98.0
98.8
83.6
87.9
90.9
350
89
11,510
7,761
32, 850
87, 538
1.0
.2
5.4
3.7
99.8
100.0
96.3
100.0
35,410
212, 922
6,013
100.0
100.0
Income
686
1,504
2,478
3,476
4,479
647
2,006
3.360
5,482
6,394
Total
Number
Cumulative
365
1,738
2,548
2,823
2,571
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999-
$25 000-$49,999
$50,000 and over
Simple
532
1,156
1,028
812
574
Percent distribution
Simple
Percent distribution
Under $1,000
$1,000- $1,999
$2,000- $2,999
$3,000-$3,999
$4,000-$4,999
Total
Table 8.—Nonfarm Families: Distribution of Number and of
Family Personal Income by Family Personal Income Level,
1952
Family personal
income
Number
of
families
Aggregate
(thouAverage
sands) (millions (dollars)
of
dollars)
Family personal
Number
income
of unattached
individ- Aggregate
uals
Average
(thou(millions (dollars)
sands)
of
dollars)
Percent distribution
Simple
Number
Cumulative
Income
Number
Income
2, 103
2,526
2,153
1, 342
663
1,009
3,781
5,327
4,618
2,944
480
1,497
2,475
3.440
4,442
22.3
26.7
22.8
14.2
7.0
4.3
16.3
22.9
19.9
12.6
22.3
49.0
71.8
86.0
93.0
4.3
20.6
43.5
63.4
76.0
277
166
112
1,508
1,101
944
5,434
6,635
8,449
2.9
1.8
1.2
6.5
4.7
4.1
95.9
97.7
98.9
82.5
87.2
91.3
$10,000-$14,999
$15,000-$19,999
$20,000-$24,999
54
16
9
641
282
195
! 1,855
17, 151
22, 060
.6
.2
.1
2.8
1.2
.8
99.5
99.7
99.8
94.1
95.3
96.1
$25,000-$49,999
$50,000 and over..-___
15
4
494
422
33, 563
95, 056
.1
.1
2.1
1.8
99.9
100.0
98.2
100.0
9,440
23, 266
2,465
100.0
100.0
Total
SURVEY OF CURRENT BUSINESS
14
June 1950
Table 11.—AH Consumer Units: Distribution of Number, Family Personal Income, and Federal Individual Income Tax Liability by Family
Personal Income Level, 1953
Family personal income
(before income taxes)
X um her Family person;1.! income
of
families
and
Aggregate
Average
unattached
(millions
(dollars)
of dollars)
individuals
(thousands)
Federal individual income tax
liability
Aggregate
(millions
of dollars)
Percent distribution
Simple
Tax rate
(percent)
Average
(dollars)
Number
Cumulative
Income
Tax
liability
Number
Income
Tax
liability
3,047
5,336
6,189
7,181
7, 441
1, 566
8,067
15, 535
25, 222
33, 450
514
1,512
2,510
3,512
4,496
0
231
808
1, 544
2,305
0
43
131
215
310
0
2.9
5.2
6.1
6.9
6.0
10.6
12.2
14.2
14.7
0.6
3.0
5.7
9.3
12.3
0
.8
2.7
5.2
7.8
6.0
16.6
28.8
43.0
57.7
0.6
3.6
9.3
18.6
30.9
0
.8
3.5
8.7
16.5
$5,000-$5,999_-_
$6,000-$7,499
$7,500-$9,999-
6,406
6,241
4,945
35, 057
41, 742
42, 029
5, 473
6, 689
8,499
2,988
4, 117
4, 323
466
660
874
8.5
9.9
10. 3
12.7
12.4
9.8
12.9
15.4
15.5
10. 1
14.0
14.7
70.4
82.8
92.6
43.8
59.2
74.7
26.6
40.6
55.3
$10,000-$14,999
$15, 000 and over
2,206
1, 518
26, 614
42, 201
12. 007
27, 789
3, 072
10, 112
1,393
6,658
11.5
24.0
4.4
3.0
9.8
15.5
10.4
34.3
97.0
100. 0
84.5
100. 0
65.7
100. 0
Total
50, 510
271, 483
5, 375
29, 500
584
10.9
100.0
100.0
100.0
Under $1,000
$1,000-$! 999
$2,000-$2,999_-.
$3,000-$3,999
$4,000-$4,999 -
...
Table 12.—All Families: Distribution of Number and of Family
Personal Income by Family Personal Income Level, 1953
Family personal
income
Number
of
families
(thousands)
Family personal
income (before
income taxes)
Average
(dollars)
1953
Percent distribution
i
|
Simple
Aggregate
(millions
of
dollars)
Table 14.—Farm Operator Families: Distribution of Number and
of Family Personal Income by Family Personal Income Level,
Number
Cumulative
Income j NTumi
ber
i
Family personal
income (before
income taxes)
1,093
2.942
4, 085
5, 748
6, 71 1
646
4,492
10, 313
20, 269
30, 200
591
1,527
2, 524
3. 527
4, 500
2.7
7.2
9.9
14.0
16.3
0. 2
1.8
4.2
8. 2
12.2
|
j
j
!
|
2. 7
9.9
19.8
33. 8
50,1
0.2
2.0
6.2
14.4
26. 6
Under $1,000
$1,000-$!, 999_
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,00()-$5,999
$6,000-$7,499
$7,500-$9,999
6, 062
6, 038
4, 818
33, 187
40, 397
40, 919
o, 475
6, fi90
8, 498
1.4.7
14.7
11.7
13.4 i
16.4 !
16.6
64.8
79.5
91. 2
40.0
56.4
73.0
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
$10,000-$14,999
$15,000 and over
2. 144
1,469
25, 874
40, 046
1 2. 073
27, 658
5.2
3. 6
10. 5
16.5 1
96. 4
100.0
83.5
100.0
41,110
246, 973
6,008
100,0
100.0
Table 13.—Nonfarm Families: Distribution of Number and of
Family Personal Income by Family Personal Income Level, 1953
Family personal
income (before
income taxes)
Aggregate
(millions
of
dollars)
Average
(dollars)
- -
Cumulative
Simple
Mumber
Income-
Number
Average
(dollars)
Simple
610
1, 238
1,035
779
543
415
1,856
2.566
2,698
2,427
680
1,499
2.479
3, 464
4. 471
11.6
23.6
19.8
14.9
10.4
353
279
206
1,927
1.857
1,764
5, 466
6, 653
8, 553
6.7
5.3
3.9
127
70
1,510
1,833
11,949
25, 731
5,240
18, 853
3,598
Number
Cumulative
i
!
Income ! Num- i Income
| ber !
2.2
9. 8
13.6
14.3
12.9
\
!
!
1
11.6
35. 2
55.0
69. 9
80. 3
i
j
!
j
|
2.2
12.0
25.6
39.9
52.8
10.2 |
9.9 i
9.4 !
87.0 !
92. 3 !
96. 2 i
63.0
72.9
82.3
2.4
1.4
8. 0 ;
9.7 i
98. 6 !
100.0 |
90.3
100.0
100.0
100.0 i
|
Table 15.—Unattached Individuals: Distribution of Number and
of Family Personal Income by Family Personal Income Level,
1953
Percent distribution
Family personal
income
Number
of
families
(thousands)
$10 000-$ 14, 999
$15,000 and over
Total
I
-
Percent distribution
Family personal
income
Aggregate
(millions
of
dollars)
Income
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
Total
Number
of
families
(thousands)
Number
of unattached
individuals
(thousands)
Family personal
income (before
income taxes)
Income
1,954
2, 394
2, 104
1,433
730
Percent distribution
Family personal
income
Simple
Aggregate
(millions
of
dollars)
Average
(dollars)
919
576
222
953
250
470
1.494
2,482
3, 456
4,455
;
Cumulative
Income
Income
Number
20.8
25.5
22.4
15.2
7.8
3.8
14.6
21.3
20.2
13.3
20.8
46.3
68. 7
83.9
91.7
3.8
18.4
39.7
59.9
73.2
Number
Under $1,000
,$1,000-$ 1,999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
483
1,704
3, 050
4,969
6, 168
232
2, 635
7,747
17,571
27. 773
480
1,546
2. 540
3, 536
4, 502
1.3
4.8
8.5
13.8
17.2
0.1
1.2
3.4
7. 7
12.2
1.3
0. 1
14. 6
28.4
45. 6
0.1
1.3
4.7
12.4
24.6
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
5, 709
5, 759
4, 612
31,260
38, 540
39, 1 85
5, 476
6. 692
8, 496
1 5. 9
16.1
12.9
13.7
16. 9
17.1
61. 5
90'. 5
38.3
55. 2
72. 3
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999. _ ..
344
203
127
1,870
1, 345
1,080
5,431
6, 642
8,515
3.6
2.2
1.3
7.6
5.5
4.4
95.3
97.5
98.8
80.8
86.3
90.7
$10 000 $14 999
$15,000 and over
2,017
1,399
24, 364
38, 813
12,081
27, 756
5.6
3.9
10.7
17.0
96. 1
100. 0
83.0
100. 0
$10,000-$14,999
$15,000 and over
62
49
740
1, 555
11,836
31, 726
.7
.5
3.0
6.3
99. 5
100.0
93.7
100.0
35, 870
228, 120
6,360
100.0
100.0
9,400
24,510
2,607
100.0
100.0
Total
.
Total
-
3,
5,
4,
3,
SUEVEY OF CURRENT BUSINESS
June 1956
15
Table 16.—All Consumer Units: Distribution of Number, Family Personal Income, and Federal Individual Income Tax Liability by Family
Personal Income Level, 1954
Number Family personal income
Federal individual income tax
of
liability
families
and
unattached
Average
Aggregate Average Aggregate
Tax rate
indi(millions
(dollars)
(millions
(dollars)
(percent)
viduals
of dollars)
of dollars)
(thousands)
Family personal income
(before income taxes)
Percent distribution
Cumulative
Simple
Number
Income
Tax
liability
Number
Income
Tax
liability
Under $1,000
$1,000-$! ,999
$2,000-$2,999_._*_
$3,000-$3,999
$4,000-$4,999
3,103
5,440
6,311
7,341
7,585
1,587
8,236
15, 840
25, 783
34, 097
512
1,514
2,510
3,512
4, 495
0
211
729
1,384
2,062
0
39
115
189
272
0
2.6
4.6
5.4
6.0
6.1
10.6
12.3
14.4
14.8
0.6
3.0
5.8
9.4
12.5
0
.8
2.8
5.3
7.9
6.1
16.7
29.0
43.4
58.2
0.6
3.6
9.4
18.8
31.3
0
.8
3.6
8.9
16.8
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
6,465
6,274
4,904
35, 373
41, 959
41, 628
5,472
6,688
8,489
2,643
3,632
3, 751
409
579
765
7.5
8.7
9.0
12.6
12.3
9.6
12.9
15.4
15.2
10.1
13.9
14.4
70.8
83.1
92.7
44.2
59.6
74.8
26.9
40.8
55.2
2,206
1,521
26, 597
42,231
12, 057
27, 756
2,687
9,001
1,218
5,916
10.1
21.3
4.3
3.0
9.7
15.5
10.3
34.5
97.0
100.0
84.5
100.0
65.5
100.0
51, 150
273,331
5,344
26, 100
510
9.5
100.0
100.0
100.0
$10,000-$14,999
$15,000 and over
_
Total
_
Table 17.—All Families: Distribution of Number and of Family
Personal Income by Family Personal Income Level, 1954
Family personal
income (before
income taxes)
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
$10,000-$14,999
$15.000 and over
Total
Number
of
families
(thousands)
Family personal
income
Aggregate
(millions Average
(dollars)
of
dollars)
Cumulative
Simple
Number
Income
653
4,629
10, 601
20, 893
30, 898
33, 572
40, 662
40, 579
25, 876
40, 705
581
1 , 530
2, 525
3,526
4,500
5,474
6,690
8,488
12,063
27, 627
2.7
7.2
10.1
14.2
16.4
14.7
14.6
11.5
5.1
3.5
0.2
1.9
4.3
8.4
12.4
13.5
16.3
16.3
10.4
16.3
41, 750
249, 068
5,966
100.0
100.0
Number
2.7
9.9
20.0
34.2
50.6
65.3
79.9
91.4
96.5
100.0
Under $1,000
$1,000- $1,999..
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999 _
$10,000-$14,999
$15,000 and over
Total..
Family personal
income
Aggregate
(millions Average
(dollars)
of
dollars)
527
1,817
3,191
5,168
6,339
5,791
5,809
4,581
2,023
1,404
248
2,818
8,102
18, 270
28, 539
31, 703
38, 868
38, 872
24, 417
38, 931
470
1,551
2.539
3. 535
4,502
5,474
6, 691
8,486
12, 070
27, 721
36, 650
230, 768
6,297
Family personal
income (before
income taxes)
0.2
2.1
6.4
14,8
27.2
40.7
57.0
73.3
83.7
100.0
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999 $10,000-$14,999
$15,000 and over
Total
Cumulative
Number
1.4
5.0
8.7
14.1
17.3
15.8
15.9
12.5
5.5
3.8
100.0
Income
0.1
1.2
3.5
7.9
12.4
13.8
16.8
16.8
10.6
16.9
100.0
Number
1.4
6.4
15.1
29.2
46.5
62.3
78.2
90.7
96.2
100.0
Aggregate
Average
(millions (dollars)
of
dollars)
Percent distribution
Simple
Number
Cumulative
Income
597
1,208
1,008
757
528
342
270
199
122
69
405
. 1,811
2,499
2,623
2,359
1,869
1,794
1,707
1,459
1,774
679
1,499
2,479
3,463
4,471
5,466
6,653
8,552
11, 946
25, 718
11.7
23.7
19.8
14.8
10.3
6.7
5.3
3.9
2.4
1.4
2.2
9.9
13.7
14.3
12.9
10.2
9.8
9.3
8.0
9.7
5,100
18, 300
3,588
100.0
100.0
Number
11.7
35.4
55.2
70.0
80.3
87.0
92.3
96.2
98.6
100.0
Income
2.2
12.1
25.8
40.1
53.0
63.2
73.0
82.3
90.3
100.0
1954
Family personal
income (before
income taxes)
Income
0.1
1.3
4.8
12.7
25.1
38.9
55.7
72.5
83.1
100.0
Family personal
income
Table 20.—Unattached Individuals: Distribution of Number and
of Family Personal Income by Family Personal Income Level,
Percent distribution
Simple
Number
of
families
(thousands)
Income
Table 18.—Nonfarm Families: Distribution of Number and of
Family Personal Income by Family Personal Income Level, 1954
Family personal
income (before
income taxes)
1954
Percent distribution
1,124
3, 025
4,199
5,925
6,867
6. 133
6,079
4,780
2,145
1,473
Number
of
families
(thousands)
Table 19.—Farm Operator Families: Distribution of Number and
of Family Personal Income by Family Personal Income Level,
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000- $3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
$10,000-$14,999
$15,000 and over
Total
..
Family personal
Percent distribution
Number
income
of unattached
Cumulative
individSimple
Aggregate
Average
uals
(thou- (millions (dollars)
. Num- Income Num- Income
of
sands)
ber
ber
dollars)
1,979
2,415
2,112
1,416
718
332
195
124
61
48
934
3, 607
5,239
4,890
3,199
1,801
1,297
1,049
721
1,526
472
1,493
2.481
3, 452
4,453
5,432
6,643
8. 506
11, 835
31,711
9,400
24, 263
2,581
21.1
25.7
22.5
15.1
7.6
3.5
2.1
1.3
.6
.5
100.0
3.8
14.9
21.6
20.2
13.2
7.4
5.3
4.3
3.0
6.3
100.0
21.1
46.8
69.3
84.4
92.0
95.5
97.6
98.9
99.5
100.0
3.8
18.7
40.3
60.5
73.7
81.1
86.4
90.7
93.7
100.0
SURVEY OF CURRENT BUSINESS
16
respectively, and 35 percent of interest and rental income,
as contrasted with only 5 percent of total transfer payments
and 20 percent of total wages and salaries.
In the lower bank of table 3 the figures are rearranged to
show the relative importance of the various types of income
in the family income total for each broad income bracket.
Most striking are the importance of dividends as a source of
income in the family income range above $10,000, and the
positive association between size of family income and the
percentage of total income accounted for by nonfarm business income. Each of these types of income comprised only
2 percent of total family personal income in the income range
under $4,000, as compared with 12 and 23 percent, respectively, in the range above $10,000. The reverse picture
holds for transfer payments, which decreased in relative
importance as family income increased. The category of
interest and rental income is noteworthy because, like wages
and salaries, it showed less variation among the income
groups as a source of family income than did business
income, dividends and transfers.
Technical Note
The definitions of families and unattached individuals in
the income distribution tables conform with those used by
the Census Bureau. Families are units of two or more
persons related by blood, marriage or adoption and residing
together; unattached individuals are persons other than
institutional inmates who are not living with any relatives.
The total number of families and unattached individuals is
estimated as of the end of the calendar year to which the
income data pertain. Farm operator families include all
families operating farms as defined in the Census of Agriculture; nonfarm families cover all multiperson units other
than the farm operator family group.
Family personal income is defined as the current income
received by families and unattached individuals from all
sources, including7 wage and salary receipts, other labor income, proprietors and rental income, dividends, personal
interest income, and transfer payments. In addition to
monetary income flows, family personal income includes
certain nonmoney items such as wages in kind, the value of
food and fuel produced and consumed on farms, the net
imputed rental value of owner-occupied homes, and imputed
June 1956
interest. Total family personal income is a somewhat
smaller amount in each year than the personal income aggregate from which it is derived, because it excludes the income
received by institutional residents (including military personnel not living with their families), or retained by nonprofit institutions, private trust, pension and welfare funds.
Average family personal income refers to the annual amount
from all income sources received by the family unit as a
whole; it is, of course, a larger figure than average income
data on a per worker or per capita basis.
Aggregate Federal individual income tax liability represents total liability reported on individual income tax
returns, plus an estimate for amounts uncovered by subsequent audit, minus liability of military personnel not
living with their families, minus liability on net capital gain.
For a detailed discussion of these definitions the reader is
referred to the supplement to the SURVEY OF CURRENT
BUSINESS, "Income Distribution in the United States, by
Size, 1944-50".
The income size distribution estimates presented here
were developed for the years up through 1952 on the basis
of consolidated data from Federal individual income tax
returns and information from Census Bureau and Federal
Reserve Board sample field surveys of family incomes.
The source data have been adjusted so as to account for
independently estimated national totals for each major
type of income. Family tax liabilities, by income
brackets, for this period were derived from the liabilities
reported on Federal income tax returns. For 1953-55, for
which tax return statistics were not available, the income
distributions have been extrapolated from 1952 by data
from the annual sample field surveys of family income. The
tax liability estimates for these years were also extrapolated,
using in this case changes in statutory tax rates and estimates of the total liability in each year derived from tax
collection statistics.
The Income Distribution supplement, referred to above,
provides a detailed description of the sources and methods
used in developing the estimates for 1944-47. The derivation of the series for 1950 and 1951 is described in the article
on income distribution in the March 1955 issue of the SURVEY; the estimates for 1952 presented here were derived
in similar manner. Methods used to extrapolate the taxreturn based distributions to more recent years are also
described in the March 1955 article.
Table 21.—Distribution of Consumer Units and of Family Personal Income After Federal Individual Income Tax Liability, by Level of
After-Tax Income, 1952-54
1953
1952
Family personal income after
Federal individual income
tax liability
Under $1,000
$1,000-$!, 999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
$10,000-$14,999
$15,000-$19,999
$20,000 and over
Total
_
After-tax family
Number
of famipersonal income
lies and
unatAggretached
gate
individAverage
(millions (dollars)
uals
of dol(thoulars)
sands)
Percent distribution
Number
3,393
6,237
7,247
8,408
8,622
5,909
5,032
2,751
1,614
518
479
1,797
9,528
18, 224
29, 476
38, 701
32, 299
33, 557
23, 239
19, 110
8,913
14, 618
530
1,528
2,515
3,506
4,488
5,466
6,668
8,447
11, 843
17, 218
30, 495
6.8
12.4
14.4
16.7
17.2
11.8
10.0
5.5
3.2
1.0
1.0
50,210
229,462
4,570
100.0
Aftertax
income
After-tax family
Number
of famipersonal income
lies and
unattached
Aggreindividgate
Average
uals
(millions (dollars)
of dol(thousands)
lars)
0.8
4.2
7.9
12.8
16.9
14.1
14.6
10.1
8.3
3.9 }
6.4
100.0
1954
Percent distribution
Number
Aftertax
income
Number
After-tax family
of famipersonal income
lies and
unatAggretached
gate
Average
individ(millions (dollars)
uals
of dol(thoulars)
sands)
Percent distribution
Number
Aftertax
income
3,136
5,846
6,875
7,981
8,577
6,307
5,468
3,362
1,829
1, 129
1,653
8,901
17, 280
28, 015
38, 541
34, 464
36, 479
28, 235
21, 737
26, 678
527
1,523
2,513
3,510
4,494
5,465
6,671
8,399
11, 885
23, 619
6.2
11.6
13.6
15.8
17.0
12.5
10.8
6.7
3.6
2.2
0.7
3.7
7.1
11.6
15.9
14.2
15.1
11.7
9.0
11.0
3,172
5,906
6,914
8,072
8,541
6,365
5,625
3,501
1,868
1,186
1,656
8,992
17, 376
28, 341
38, 409
34, 781
37, 517
29, 420
22, 224
28, 515
522
1,522
2,513
3,511
4,497
5,464
6,669
8,404
11, 900
24, 046
6.2
11.6
13.5
16.7
12.4
11.0
6.8
3.7
2.3
0.7
3.6
7.0
11.5
15.5
14.1
15.2
11.9
9.0
11.5
50, 510
241,983
4,791
100.0
100.0
51, 150
247,231
4,833
100.0
100. &
15:8
by Frances P. Sasscer
Expansion in Foreign Travel
J_ HE UPWARD trend in foreign travel evident throughout the postwar period accelerated during 1955 and preliminary data indicate that the increase continued during
the first part of the current year.
Americans spent more than $1.6 billion for foreign travel
last year, by far the highest amount yet recorded and about
2% times as much as during 1929, the peak year before the
war.
The total expenditures include $200 million of international passenger fares paid to foreign carriers and $260
million paid to United States shipping companies and
airlines. The total amount of dollar exchange accruing to
foreign countries was about $1,350 million, of which $1,150
million was spent within foreign countries.
The increase from 1954 in travel expenditures was over
$200 million, the largest year-to-year gain since before the
last world war. Proportionally, the 15 percent advance
was nearly three times as great as that in disposable personal income. About one-fourth of the rise in total expenditures was due to higher expenditures in Canada and Mexico
including transactions along the borders. Expenditures on
overseas travel increased as a result of a larger travel volume. Per capita expenditures did not change from the
preceding year, partly because travel to nearoy countries
increased more than to the more distant areas. Moreover,
the gain to the latter consisted entirely of air travelers who
generally stay abroad a shorter time and spend less than
those who travel by boat.
The amount of dollar exchange accruing to foreign countries from travel rose 14 percent, slightly less than total
expenditures because of the increased importance of air travel
and the preponderance of American carriers among the international airlines on routes connecting the United States with
foreign countries. Nevertheless, the increase was relatively
larger than that in total United States payments to foreign
countries for purchases of goods and services.
Despite the rapid increase during the last year, foreign
travel expenditures still were smaller relative to disposable
personal income 10 years after the end of World War II than
at the corresponding point after the first world war (see
chart). It may also be noted that the rise from 1946 to 1955
was relatively less than from 1919 to 1928 even though overseas travel during the earlier period depended entirely on sea
transportation.
The faster recovery in travel expenditures after the first
world war took place mainly during the first five postwar
years. The relative rise from 1950 to 1955 was nearly as
great as from 1923 to 1928, and the acceleration in the
advance in 1955 contrasts with the gradual diminution in the
upward slope during the late 1920's. This difference in
trends and various data available for the current year indicate
that foreign travel expenditures are still moving toward the
relationship to disposable personal incomes established after
the firts world war.
Nearby areas
About 50 percent of the $1,150 million spent by United
States travelers in foreign countries in 1955 was expended in
the two border countries of Canada and Mexico.
NOTE.-MRS. SASSCER IS A MEMBER OF THE BALANCE OF PAYMENTS
DIVISION, OFFICE OF BUSINESS ECONOMICS.
388009°—56
3
Although American travel payments to Canada of $308
million in 1955 were double those of the prewar peak in
1927-1929, Canada's share in total United States foreign
travel dollars declined during that period from an annual
average of 35 percent to 27 percent (see chart). Both percentages were somewhat lower than in the late 1930's when
travelers substituted less costly trips for more extended ones.
About 20 percent of expenditures in Canada are made close
to the border by short-stay travelers, who constitute 84
percent of all travelers to Canada.
Over the past 30 years travel expenditures in Mexico have
increased more sharply than in any other country. Border
American Travel Expenditures in
Foreign Countries
Excluding Fare Payments
MILLIONS OF DOLLARS
1,200
OTHER AREAS
1,000
EUROPE AND
MEDITERRANEAN
800
WEST INDIES AND
CENTRAL AMERICA
600
MEXICO
400
200
CANADA
1927-29
1936-38
<—ANNUAL AVERAGES ->
1955
U. S. Department of Commerce, Office of Business Economics
60-84-0
traffic and short-term visits account for 63 percent of total
expenditures, and consequently travel payments to Mexico
reflect to a large extent economic developments in United
States border zones. The rapid growth in travel expenditures in Mexico may be attributed to sharp rises in population
in United States communities near the border, particularly
in the Western States, to favorable exchange rates resulting
from several devaluations in the peso, and to improved
transportation facilities.
17
SURVEY OF CURRENT BUSINESS
18
American travel expenditures in other nearby foreign
countries have risen sharply since 1927-29. In 1955 these
countries received less than 10 percent of United States
foreign travel payments, but their share is growing steadily.
Although United States visitors to the West Indies and
Central America outnumber travelers to Europe, their
Table 1.—Estimated Expenditures of United States Residents on
Foreign Travel 1953, 1954 and 1955 *
[Millions of dollars]
Total
Transportation
Foreign flag carriers
_
United States flag carriers
._
Expenditures abroad. _ . _ ._ .
Canada
Mexico _ _ _ _ _ .
_ __ _
._ _ _ _ _
Total oversea areas, _
Europe and Mediterranean, . .
United Kingdom _
Eire
Scandinavia
France ..
_ ______
Benelux
Germany
Austria _._
Switzerland
Italy
Spain
Eastern Mediterranean _
West Indies and Central America
Bermuda
British West Indies
_
Cuba
Other West Indies
Central America
_
South America
Other oversea
Japan _ _
. __
Other Far East
_ _.
_. _ _
_._ _
_ __
377
179
198
392
183
209
459
201
258
929
1,009
282
226
284
233
1,155
308
260
421
492
587
306
57
(*)
18
68
14
360
66
(*)
427
72
8
24
80
19
o,
26
(*)
24
55
(*)
(*)
_ _ ___
35
(*)
(*)
(*)
107
25
37
27
9
9
22
23
20
33
16
9
(*)
(*)
(*)
(*)
45
10
38
82
20
22
87
22
28
23
20
19
(*)
(*)
30
65
15
(*)
76
23
22
20
.. __
___
74
17
1. Excludes travel by military personnel and other Government employees stationed
abroad, their dependents and United States citizens residing abroad; includes shore expenditures of cruise travelers; passenger fares exclude fares paid by emigrant aliens.
*Not available separately.
NOTE.—Estimates for 1953 and 1954 have been revised. Most of the changes from previously published data are due to revisions of estimates of transactions along the Mexican
border.
Source: U. S. Department of Commerce, Office of Business Economics, expenditure estimates based on questionnaire returns.
expenditures are only about one-fourth as large. (See tables
1 and 2.) The greatest advance in travel since the 1927-29
period has been to Bermuda, Cuba and the British West
Indies, whose dollar receipts of $89 million in 1955 represented 83 percent of the total in the entire nearby overseas
area.
In 1955 Americans spent 37 percent of their foreign travel
dollars in Europe and the Mediterranean area, as compared
with 45 percent in 1927-29. In absolute terms, travel expenditures in Europe have doubled since 1929, reflecting
mainly an increase in average expenditures. Only since
1953 has the number of travelers to Europe exceeded the
1929 record.
United States residents spent an average of $1,529 in
1955 on each European trip, $647 representing transatlantic
fares and $882 expenditures within Europe (see table 3).
The rise over 1929—about 44 percent—was less than the
increase in prices. The decline in real expenditures can
probably be attributed to the rise in shorter trips facilitated
by the development of air travel. Travelers by sea spend
on the average about the same for transportation as air
travelers, but because of their relatively longer stay abroad,
they spent about 27 percent more within Europe.
June 1951
In 1955, for the first time, more Americans traveled t<
Europe by air than by sea. The entire increase over 195^
in total numbers of travelers represented an increase in ai:
travelers, travel by sea showing a slight decline from 1954
This influence on average expenditures has been offset by tin
decline in the proportion of foreign-born among the traveler;
to Europe—from nearly 60 percent in 1929 to 38 percent ii
1955. Average expenditures of foreign-born travelers ar<
considerably less than those of United States-born, due t<
the fact that they often live with relatives abroad and tenc
to visit fewer countries per trip. There seemed to be nc
preference in 1955 between sea and air transportation bj
foreign-born travelers. However, 47 percent more Unitec
States-born residents crossed to Europe by plane than b}
ship (see table 4).
All European countries shared in the advance in income
from United States tourists, but expenditures in southerr
European countries showed the greatest relative increase
over 1954. This rise reflected in part increased availability
of transportation facilities to the Mediterranean. The numbers of travelers to Italy and Spain rose while the average
per capita expenditure was stable. Payments of $22 million
to eastern Mediterranean countries went principally to
Israel, Greece, and Egypt.
The rest of Europe, which had a relatively greater advance
in tourist trade during earlier years, continued to expand its
dollar receipts but less than southern Europe.
Average expenditures of all travelers to Europe and the
Mediterranean increased from 1954 to 1955 by about 3 percent. Average expenditures of boat passengers increased by
about 5 percent and those of air passengers rose by nearly
4 percent, the smaller increase in the total reflecting the
increased proportion traveling by air, as previously noted,
Although average expenditures in Europe and the Mediterranean area as a whole increased, they declined from 1954
in nearly every one of the individual countries for which
comparable data are available. This apparent paradox is
due to shorter stays of the tourists in each of these countries
but a more than offsetting rise in the number of countries
visited. The travel pattern seems to be changing in the
direction of higher mobility of travelers.
Expenditures by United States-born travelers averaged
about one and one-half times those of persons born abroad.
In most of the individual foreign countries, however, the
foreign-born spent considerably more. This is due to the
longer period of time spent in these countries, often on visits
with their friends and relatives, while the United States-born
travelers have a greater tendency to move from one country
to another and spend less time—and money—in each.
Other countries
Travel expenditures in South America have remained
stable since 1947, numbers of travelers and average outlays
per trip having varied little from year to year. Payments to
South American countries remain a minor portion of total
foreign travel payments.
Expenditures in other countries, principally in the Far
East, while relatively small in the aggregate, have more than
doubled since 1952 and are at three times the 1929 level.
This rise has been facilitated by an increase in transportation
to the area and in recent years reflects visits to armed forces
personnel stationed there. Three-fourths of expenditures in
1955 in the area were made in Japan. A large number of
the travelers to Japan consists of Japanese-Americans
visiting their relatives arid of family members of American
servicemen stationed in that area.
SURVEY OF CURRENT BUSINESS
June 1956
United States residence of travelers
Nearly half of all Americans traveling to Europe in 1955
came from states in the Middle Atlantic area, a much larger
proportion than could be expected from the state distribution
of population or of personal income (see table 4). One-third
of the travelers came from New York, the state ranking first
in total and foreign-born population and in total personal
income. The Central States, with a larger population and
personal income than the Middle Atlantic, furnished less
than half as many travelers. A small but—since 1952—
increasing proportion of travelers to Europe originate from
Far Western states.
As might be expected, the Southeastern States furnished
the largest share of travelers to Latin America (excluding
Mexico) and the Pacific Coast States the greatest proportion
of travelers to the Far East. Distance from the United States
port of entry and exit seems to be an important factor in
determining the foreign area visited.
Foreign travel in the United States
Foreign visitors spent slightly more than half as much in
the United States as Americans spent in foreign countries.
19
In 1955 foreigners paid $645 million for travel within this
country, plus $63 million in fares to United States carriers
for travel to and from the United States.
Nearly 60 percent of total travel expenditures in the
United States are made by Canadians, whose payments of
$355 million in 1955 were nearly 5 times as high as in 1937.
Canadian visitors spent relatively more in border cities than
United States travelers to Canada, with both the numbers
and average expenditure higher.
Since 1952 Canadian expenditures in the United States
have exceeded United States expenditures in Canada. In
1955 the difference amounted to nearly $50 million.
Mexican travelers spent $110 million in the United States
in 1955, about treble the 1954 figure. Over 90 percent of
this amount was spent in border communities, particularly
in California, since Mexican residents in free-zone border
towns in Lower California are permitted to import merchandise for use within that area without payment of duty.
Receipts from travelers living in other Latin American
countries increased steadily from 1946 to 1954 but declined
in 1955, reflecting a smaller average expenditure and a
leveling off in the number of travelers.
Expenditures by Europeans, less than 10 percent of total
expenditures in the United States by foreign travelers, rose
Growth in Foreign Travel and Disposable Personal Income
in Two Postwar Periods
TRAVEL EXPENDITURES
MILLIONS OF DOLLARS
DISPOSABLE INCOME
BILLIONS OF DOLLARS
300
(Ratio Scale)
2,000
200
DISPOSABLE
PERSONAL INCOME
(RIGHT SCALE)
1,000
100
900
90
800
80
EXPENDITURES
s INCLUDING
ALL FARES ^
(LEFT SCALE)
700
70
*•••••••
600
6O
500
50
EXPENDITURES INCLUDING
FARES TO FOREIGN CARRIERS ONLY
(LEFT SCALE)
400
300
AFTER
W O R L D WAR I
AFTER
W O R L D WAR D
200
I
150
1919
20
1
21
1
22
I
23
I
24
I
25
U. S. Department of Commerce, Office of Business Economics
26
I
27
I
28
I
29
I
I
I
1946 47
48
I
49
1
50
I
51
I
52
J
53
54
i
55
56
56-24-4
SURVEY OF CURRENT BUSINESS
20
only slowly in the early postwar years, a reflection of the
exchange restrictions immediately after World War II. In
Table 2.—Number of United States Travelers to Oversea Countries,
by Means of Departure from the United States, 1953, 1954 and
19551
June 1956
the last few years travel receipts have turned upward more
sharply as the dollar position of European countries has
improved.
Travel payments to the United States by other countries
remain less than 5 percent of the total.
[Thousands]
1953
Oversea areas, total..
Sea
Air
Europe and Mediterranean, total
Sea
Air
_.._-__
_.
West Indies and Central America, total
Sea
Air
_
_._
_
[Percent]
912
307
605
1,075
376
207
169
420
220
200
482
214
268
396
76
320
432
70
362
522
87
435
82
20
62
80
18
62
89
20
69
318
757
181
26
156
(*)
(*)
(*)
(*)
(*)
(*)
Cuba, total
Sea
Air
Table 4.—State of Residence of United States Travelers Returning
From Oversea Areas and State Distribution of Personal Income
1955
827
300
527
Bermuda, total
Sea
Air
British West Indies, total
Sea
Air
1954
168
30
138
180
26
156
210
33
177
South America, total
Sea
Air
33
8
25
36
8
28
34
6
28
Other oversea total
Sea
Air
22
9
13
24
9
16
37
11
26
Japan, total
Sea
Air
- . .
-
(*)
(*)
*
28
8
20
(*)
(*)
*
*Not available separately.
i Excludes numbers of travelers on cruises, military personnel and other Government employees stationed abroad, their dependents and United States citizens residing abroad.
Source: IT. S. Department of Commerce, Office of Business Economics; U. S. Department of
Justice, Immigration and Naturalization Service.
Table 3.—Numbers and Expenditures of U. S.-born and Foreignborn United States Residents Traveling in Europe and the
Mediterranean Area, Total 1929 and 1954 and selected countries
1955
Numbers of travelers
(thousands)
Total expenditures
(millions of dollars)
Average expenditures
(dollars)
U. S.- Forborn eign- Total
born
U. S.- Forborn eign- Total
born
U. S.- Forborn eign- Total
born
137
213
350
111
102
213
811
477
609
251
125
126
169
9S
74
420
220
200
252
143
109
108
65
43
360
208
152
1,007
1,146
869
637
684
577
858
947
761
299
121
178
183
93
90
482
214
268
308
149
156
119
66
53
427
215
212
1,021
1,222
884
651
707
592
882
997
791
1954
Europe and Mediterranean, totalSea
_
Air
Latin
Far America State disEast excluding tribution
of perMexico
sonal
income 2
1955
1955
Europe and Mediterranean
1955
1952
Total
Sea
Air
Air
100.0
100.0
100.0
100.0
100.0
100.0
100.0
8.9
3.3
4.4
9.0
2.8
4.6
9.0
3.2
3.9
8.8
2.9
4.4
4.7
2.1
2.0
5.5
1.7
2.9
6.6
1.8
3.3
52.5
1.7
1.7
8.0
33.7
6.8
48.0
1.7
1.6
7.3
31.1
5.8
50.0
1.7
1.7
7.3
32.8
5.9
42.7
1.5
1.4
7.2
26.6
5.5
24.9
2.0
1.8
3.0
14.1
3.3
31.2
1.6
1.6
4.9
17.6
4.8
26.6
.6
1.8
4.1
12.0
6.9
Southeast
Florida
Virginia
6.4
1.5
1.4
7.2
1.9
1.4
7.4
2.2
1.3
6.7
1.2
1.7
8.0
1.8
2.7
31.4
20.9
1.9
14.3
1.9
1.8
Southwest
Texas-.
2.2
1.5
2.6
1.8
2.5
1.8
2.9
1.9
3.7
1.7
4.6
3.6
6.7
4.7
17.8
5.9
3.0
1.2
1.2
3.7
1.3
20.0
6.2
4.2
1.4
1.2
4.2
1.3
18.6
6.0
3.4
1.5
1.1
4.0
1.2
23.7
6.8
6.2
1.2
1.5
4.8
1.3
14.0
4.5
1.8
2.4
.6
1.9
1.2
20.7
6.8
3.1
1.0
1.6
4.4
1.7
28.7
6.9
5.0
1.8
2.5
6.1
2.2
Total, United States
New England
Connecticut
M assachuse t ts
Middle East
District of Columbia
Maryland
New Jersey
New York
Pennsylvania
Central
Illinois
Michigan
Minnesota
Missouri
Ohio
Wisconsin
_
. .
...
Air
Northwest
2.4
2.2
2.2
2.1
5.5
2.0
4.7
Far West
California
Washington
9.8
8.2
1.0
11.0
9.1
1.2
10.3
8.3
1.3
13.1
11.4
.9
39.2
30.7
6.0
4,6
3.8
.5
12.4
9.5
1.7
1. Data compiled for 1952 from tabulations of sea and air manifests of residents returning
at port of New York during third quarter of 1952; for 1955 from passenger manifests from sea
travelers and from customs baggage declarations and questionnaires for air travelers returning
at all ports. For grouping of States into areas, see August 1952 issue of SURVEY OF CURRENT
BUSINESS, page 11.
2. The latest figures available are for 1954 but the changes in the percent distribution by
State from year to year are relatively small.
Source: U. S. Department of Commerce, Office of Business Economics.
1929
Europe and Medkerranean, total
Area of travel 1
Table 5.—Numbers and Expenditures of Residents of Foreign
Countries Traveling in the United States, 1954r-1955 *
Numbers of
travelers
(thousands)
Expenditures
(millions of
dollars)
1954
1955
1954
(*)
o
584
645
R
8
311
99
355
110
1955
Europe and Mediterranean, total
Sea
Air
United Kingdom.
Eire
;Scandinavia
France
Benelux
__ __
Germany
Austria
Switzerland
Italy
Spain
-
193
29
56
226
114
138
58
151
173
58
72
14
24
67
31
58
19
44
62
10
265
43
79
293
145
196
77
195
235
68
54
4
15
64
15
28
7
29
59
17
18
4
9
16
4
17
3
9
23
3
72
8
24
80
19
45
10
38
82
20
278
141
270
280
125
203
128
189
335
286
252
301
374
242
149
295
144
204
366
305
271
193
302
272
130
230
132
193
344
289
NOTE.—Excludes numbers and expenditures of military personnel and other Government
employees stationed abroad, their dependents and United States citizens residing abroad;
includes the expenditures, but not the number, of cruise travelers.
Source: U. S. Department of Commerce, Office of Business Economics, expenditure estimates based on questionnaire returns; U. S. Department of Justice, Immigration and
Naturalization Service.
1955
Travelers residing in
All foreign countries
Canada..
Mexico
_
_. .. _
_
Total oversea countries
Europe and Mediterranean
West Indies, Central America, and South America
Other oversea countries
318
332
174
180
120
169
29
131
169
32
48
103
23
61
93
26
* Not available.
i Includes travelers for business and pleasure, foreigners in transit through the United
States and students; excludes travel by foreign government personnel and foreign businessmen employed in the United States.
Source: U. S. Department of Commerce, Office of Business Economics; U. S. Department
of Justice, Immigration and Naturalization Service; values based on questionnaire returns.
by Walther Lederer
International Economic Improvement
Reflected in U. S. Balance of Payments
1HE FOREIGN markets of the United States continued to expand during the first quarter. Foreign purchases
of goods and services by the United States rose from an
annual rate of $20.6 billion in the fourth quarter of 1955 to
$21.7 billion in the first quarter of 1956. Receipts from abroad
in the aggregate and from many individual types of transactions reached new records. As in domestic markets there
was a large increase in shipments of machinery, which accompanied a noticeable increase in foreign investments. Foreign
sales of other commodities, including automobiles, also expanded more than seasonally, thus providing substantial
support to the maintenance of the high rate of industrial
production.
Total payments to foreign countries—resulting from
urchases of goods and services, net Government grants and
>ans (excluding grants in the form of military supplies and
services), the net outflow of United States private capital,
private remittances and pension payments—also increased,
to a seasonally adjusted annual rate of $24.3 billion from
$23.0 billion in the previous quarter.
Net payments to foreigners on these transactions were,
therefore, at an annual rate of $2.6 billion, compared with
$2.4 billion in the last quarter of 1955, leading to another
large rise in foreign gold and dollar holdings.
The actual accumulation of gold and dollar assets by foreign countries and international institutions through transactions with the United States increased to $557 million from
$215 million in the preceding quarter. Foreign gold and
dollar accumulations during the fourth quarter are usually
lower, however, because of the $143 million service charges
on the postwar loan to the United Kingdom which are paid
in December. Also, the $557 million addition to foreign
gold and dollar assets reflects certain capital movements
which may be reversed later in the year. Nevertheless, the
rise was large enough to indicate at least a halt in the slow
decline in foreign reserve accumulations which occurred over
the preceding 2 years.
P
Exports rise
Foreign expenditures on goods and services in the United
States (excluding military supplies and services furnished
under grant-aid programs but including payments of income
on United States investments abroad) dropped from $5,440
million in the fourth quarter of last year to about $5,330
million in the first quarter of this year. After adjustment
NOTE.—MK. LEDERER IS A MEMBER OF THE BALANCE OF PAYMENTS DIVISION, OFFICE OF BUSINESS ECONOMICS.
for seasonal variation, however, foreign payments to the
United States rose by $250-300 million, or by more than 1
billion at an annual rate. The rise in foreign sales thus
provided some support to domestic business activity.
Most of the seasonal adjustment applied to merchandise
exports which actually rose by $90 million, or 2.2 percent,
as compared with an average decline of about $160 million,
or 4.6 percent, during the four preceding years.
Seasonal declines in exports of tobacco, oilseeds and vegetable oils exceeded $110 million. In cotton, the decline was
considerably less than in other years, but exports were already
low during the preceding quarter. Coal exports held up
better than usual in this period of the year because higher
shipments to Europe compensated for some of the seasonal
decline in shipments to Canada.
Increases of more than seasonal proportion were mainly
in automobiles and machinery and to a lesser extent in grains
and other food products. Foreign sales of textiles were
maintained at the same value as in the first quarter of 1955.
Of the total rise of about $460 million in merchandise
exports from the first quarter of 1955, Canada accounted
for over half, and Latin America for nearly 30 percent. The
large rise in exports to these countries accounted for the
importance of manufactured products in the additional
exports.
Table 1.—United States Balance of Payments (Excluding Military
Grants); Seasonally Adjusted
[Millions of dollars]
1954
I
II
III
1955
IV
I
II
III
1956
IV
I
Exports of goods and services,
total..
4,086 4,621 4,445 4,786 4,857 4,787 5,111 5,160
2,844 3,390 3,180 3,400 3,476 3,430 3,673 3,685
Merchandise
Services
_ __
_ _ 1,242 1,231 1,265 1,386 1,381 1,357 1,438 1,475
5,442
3, 934
1,508
Imports of goods and services,
total
3,835 4,173 4,002 4,078 4,207 4,377 4,541 4,798
2,453 2,727 2,563 2,611 2,690 2,764 2,916 3,146
Merchandise
Services
1,382 1,446 1,439 1,467 1,517 1,613 1,625 1,652
4,885
3,149
1,736
362
650
410
570
708
Balance on goods and services.. 251 448
443
Remittances and pensions. _ -130 -136 -208 -141 -147 -146 -148 -156
Government grants and
related capital move-431 -396 -521 -556 -668 -568 -467 -421
ments
Movements of United
States capital excluding
transactions related to
-223 -288 -361 -397 -65 -448 -306 -377
grants
673
361
315
488
125
423
430
Foreign capital and gold
410
79 -10
277
105
208 -102
Errors and omissions
110 -38
Source: U. S. Department of Commerce, Office of Business Economics.
21
557
-141
-452
-606
490
152
SUKVEY OF CUERENT BUSINESS
22
June 1956
Table 2.—Balance of Payments of the United States by Area, First Quarter 1956 (preliminary)
[Millions of dollars]
All
areas
Line
1 Exports of goods and services total
2
Military transfers under grants, net, total
3
Other goods and services total
4
5
€
Merchandise, adjusted, excluding military _
Transportation _
Travel
7
8
Miscellaneous services:
Private
Government, excluding military
9
10
11
12
13
_ _
Military transactions
Income on investments:
Direct investments
Other private
Government
-..
- - - -
Imports of goods and services, total
14
15
16
Merchandise adjusted excluding military
Transportation
Travel
-
17
18
Miscellaneous services:
Private
Government excluding military
-_
Western
Europe
Latin
Western
Euro- Eastern Canada American
pean
Europe
dependRepubencies
lics
207
5,903
1,991
576
435
5,327
1,556
207
7
3,929
369
139
1,149
160
16
154
14
1
5
201
30
92
14
(*)
(*)
7
(x)
Sterling area
Total
United
Kingdom
nss
nss
nss
nss
nss
nss
1,174
1,335
1,026
22
806
356
13
117
320
950
26
66
916
88
52
748
81
4
7
553
66
9
207
42
6
12
1
75
6
1
259
17
2
22
1
45
6
26
9
11
65
5
52
2
(•)
3
10
3
(•)
32
24
2
1
9
192
209
3
1
1
149
5
26
178
5
3
1
1
1
3
9
18
22
3
9
3
1
212
8
5
137
7
5
4
98
6
1
42
4
14
813
1,273
828
5
864
(«)
454
14
(•)
667
26
30
1,040
79
92
545
53
9
494
54
39
164
43
9
1
1
(«)
5
1
35
16
4
13
66
5
64
1
35
(•)
52
5
199
159
128
27
5
4
2
3
2
45
2
43
2
4,827
1,547
347
3,250
314
210
713
148
49
271
8
30
120
55
75
22
34
1
(*)
nss
134
9
10
66
12
37
117
1,160
7
69
31
31
518
62
48
Other Depend- Other
counEurope
cies
tries
1,342
1,174
1
4
International
institutions
All
other
countries
(«)
2
nss
(")
nss
(•)
2
(•)
(•)
(•)
4
19
Military expenditures
729
438
20
21
Income on investments:
Private
G o ver nment
116
33
81
21
22
Balance on goods and services:
Total
1,076
444
-140
-7
361
69
332
17
nss
nss
nss
-75
nss
500
9
-140
-7
361
62
198
17
-58
-98
4
-75
111
23
Excluding military transfers
_
1
(*)
w
.
1
1
(«)
Unilateral transfers net [to foreign countries (— )] :
24
Total
-1,116
-621
-7
11
-3
-35
-439
-22
nss
nss
nss
-6
nss
25
Excluding military supplies and services
-540
-186
-7
11
-3
-28
-305
-22
-73
-9
-4
-6
-54
26
Private remittances
-112
-57
-5
-3
-7
-40
-21
-8
-3
-4
-6
27
28
29
Government:
Military supplies and services
Other grants
Pensions and other transfers
-576
-400
-28
-435
-114
-15
-7
-17
-4
-134
-245
-20
-22
-49
-3
<•)
-2
(•)
-47
-1
-541
-94
-17
-269
-61
-96
-5
-31
7
(*)
-10
-28
-422
-65
-17
-271
-33
-31
-5
5
22
-10
-7
-308
-103
75
-109
23
-66
-17
-23
-12
-10
-12
2
2
2
-19
7
-30
-14
1
11
1
-34
3
-23
21
-172
-89
62
-68
—4
38
-6
40
1
1
5
—1
-119
-29
2
-28
-65
-36
-15
-105
89
-103
-8
52
-73
2
-20
23
-31
-77
11
1
-12
3
-27
1
-16
569
260
8
112
112
65
12
211
211
3
81
36
1
40
2
2
20
1
-262
698
-174
337
10
-68
165
-3
87
-16
86
(»)
-1
13
21
-40
179
-40
174
52
61
-3
-25
26
-7
51
57
112
65
-20
211
211
3
-3
-85
138
30
-111
-111
88
-26
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
_
United States capital net [outflow of funds (— )]
Private net total
Direct investments, net
New issues
Redemptions
Other long-term, net
Short-term, net
_ __
- -
Government net total
Long-term capital outflow
Repayments
Short-term net
Foreign capital net [outflow of funds (— )] total _
Direct and long-term portfolio investments other
than United States Government securities.
Transactions in United States Government securitiesShort-term liabilities to foreign banks and official
institutions.
Other short-term liabilities
46
Gold sales [purchases ( — )]
47
Foreign capital and gold total
48
Errors and omissions and transfers of funds between
foreign areas [receipts by foreign areas (— )], net.
2
W
(*)
(«)
1
-3
-13
-12
33
557
293
8
-13
24
-22
156
8
00
NOTE.—Net foreign investment equals the balance on goods, services and unilateral transfers for "all areas": $—40.
1
1
(")
(*)
M
-32
(•)
112
-201
7
-12
1
W
(•)
<«)
(«)
(*)
(•)
w
-21
-12
2
-11
-3
(•)
»
2
-1
-5
(«)
* Less than $500,000.
Source: U. S. Department of Commerce, Office of Business Economics.
June 1956
SURVEY OF CURRENT BUSINESS
Shipments to Europe were also higher than a year earlier
but below the last quarter of 1955. A decline in purchases
by the United Kingdom was not quite offset by an increase
in exports to continental Western Europe which were
mainly Italy and France.
Among changes in receipts from service transactions, the
most important was the less than seasonal decline from the
fourth quarter in incomes on foreign investments, which were
about 17 percent higher than a year earlier. Most of the
over-the-year rise was connected with higher dividend
receipts from manufacturing companies in Western Europe
and Canada, and with the rising output and higher prices
of the products of American enterprises in the petroleum,
metals, and agricultural industries in Canada, Latin America, and other areas.
Merchandise imports continue up
The rise from the previous quarter in seasonally adjusted
payments to foreign countries took place mainly in service
expenditures and in private investments, particularly through
direct investments and through purchases of Canadian
bonds.
Merchandise imports which had risen from a seasonally
adjusted annual rate of $10.4 billion in the last quarter of
1954 to about $12.6 billion in the last quarter of 1955,
remained at about that rate. The actual rise in imports
(as adjusted for balance of payments measurement) was
from $3.1 billion in the last three months of last year to $3.25
billion in the March quarter of this year. The stability of
imports after seasonal adjustment was due to the fact that
while certain commodities, mainly coffee and sugar, did not
increase by the usual amount, there was an actual gain in
other items.
Coffee imports did not rise by the normal seasonal amount
mainly because they were very high during the preceding
quarter. Even in the first quarter, they probably were high
enough to continue the rebuilding of inventories, which had
been drawn down substantially during 1954 and the early
part of 1955.
Sugar imports which had not dropped as much as usual
from the third to the fourth quarter of last year rose less than
the usual amount during the first quarter of this year.
Nevertheless, sugar imports were nearly 8 percent higher
than a year ago.
Since both coffee and sugar imports in the first quarter
were higher than in the same period of other recent years,
the decline after seasonal adjustments has comparatively
little significance. The rise in other imports is, therefore,
a better indicator of basic import trends than the stability
of the seasonally adjusted total.
Among these other commodities, the decline in imports of
saw mill products and newsprint was less than seasonal. Also
important was the rise in imports of wool which had been
relatively low during the preceding year. The recovery reflects in part the rise in mill consumption during early 1956.
Smaller but still significant was the rise in imports of automobiles to $22 million from $16 million in the fourth quarter
and $13 million in the first quarter of 1955. Imports of
aircraft and parts rose from $9 million in the last quarter of
1955 to $16 million, about three times the amount imported
a year earlier. Purchases of electrical and industrial machinery produced abroad also increased during the first
quarter and were more than 40 percent higher than a year
earlier. Textile imports were about $90 million, approximately the same as in the fourth quarter, but 50 percent
higher than in the first quarter of last year.
Among the major industrial raw materials, other than wool,
only rubber and tin were imported in larger value than in the
23
fourth quarter. Imports of other metals and ores declined
by about $45 million. A $15 million drop in iron ore imports
reflected the seasonal movement in imports from Canada.
A $30 million decline in copper imports was due to strikes in
Chile and sales of much of the remaining output to Europe,
where prices were higher. This price situation has been
reversed in the second quarter with London quotations
dropping below those charged by the major companies in the
United States market. For only a few raw materials were
imports during the first quarter in excess of current consumption. In some of the exceptional cases, such as coffee, inventories were unusually low and some rebuilding was anticipated.
During recent weeks, however, certain shifts in the market
situation of internationally traded commodities have become
evident. World supplies of copper, lead, zinc, tin, and rubber
increased relative to demand, resulting in price declines on
world markets, sometimes more than on the domestic market.
Other materials, including nickel, aluminum and newsprint, remained in tight supply and more could be imported
if foreign output could be raised or competing foreign demands were smaller.
In contrast to some of the raw materials used primarily
by the durable goods industries, the market situation for
certain of the agricultural products, including coffee, sugar
and wool, appeared to have strengthened. Prices have
stopped declining and, except for that of cocoa, even regained
some of the losses incurred during the latter part of 1954
and in 1955.
Services, military expenditures higher
Travel expenditures abroad fell less than seasonally, and
stood about 15 percent above the first quarter of 1955, with
most of the increase in the Caribbean area. The larger
number of passport applications indicates a rise for the rest
of this year over the record amount spent in the overseas
areas last year. Travel expenditures are discussed in detail
in a preceding article in this issue.
Incomes on foreigners' investments in the United States
also dropped less than usual from the fourth quarter and
were about one-third higher than a year earlier. The rise
in incomes was due both to higher rates of earnings and to
larger investments. The largest dollar increase accrued to
Canada, mostly on direct investments. Foreign earnings on
United States Government securities were approximately
double those of a year ago as interest rates and holdings
increased.
Military expenditures rose as a result of higher purchases
in Europe, particularly in the United Kingdom.
Government grants maintained
The total outflow of funds through Government grants
(other than those in the form of military supplies and
services) changed relatively little from the preceding quarter.
However, a larger proportion was in foreign currencies
which had been obtained in previous periods from the sale
of agricultural products.
Dollar grants, including purchases of goods and services
produced in the United States and transfers of dollars
directly, were somewhat less. The principal change was a
$50 million drop in aid to France, which in the fourth quarter
had included larger payments in compensation for certain
costs of military operations in Indo-China. As a result,
grant aid to Europe fell to the lowest point in the postwar
period, confined mainly to the Mediterranean countries.
(Text continued on p. 32)
SUEVEY OF CUEEENT BUSINESS
24
June 1956
Table 3.—Balance of Payments of the United
[Millions of dollars]
All areas
Item
Line
1 Exports of goods and services, total
2
Military transfers under grants,2 net,
total.
3
Other goods and services, total
4
7
8
9
10
11
12
13
Merchandise, adjusted, excluding
military.
Transportation
Travel
Miscellaneous services:
Private
Government, excluding military.
Military transactions ..
Income on investments:
Direct investments
Other private
Government _
Imports of goods and services, total
15
16
17
18
Miscellaneous services:
Private 3
Government, excluding military. . _
19
Military expenditures
20
21
Income on investments:
Private.
Government
1955
1955
II
III
IV
I
II
III
IV
I
II
III
IV
1953
1954
1955
21,335 21,099 22,049
5,390
5,750
4,915
5,280
4,806
5,726
4,912
5,655
5,273
5,468
5,444
5,864
7,736
7,245
7,539
2,134
1,279
1,375
794
806
828
1,001
714
618
530
571
610
423
3,435
2,313
1,593
4,254
3,161
17,081 17,938 19,915
4,111
4,375
4,121
4,474
3,978
4,725
4,198
5,037
4,743
4,897
4,834
5,441
4,301
4,932
5,946
12,294 12, 814 14, 264
2,994
3,177
2,930
3,193
2,835
3,507
2,935
3,537
3,471
3,554
3,396
3,843
2,992
3,492
4,310
1,198
574
1,171
584
1,336
645
289
118
306
156
310
179
293
121
276
115
300
152
291
185
304
132
309
127
328
170
348
204
351
144
487
41
485
48
581
61
741
172
814
149
825
131
184
45
182
52
180
40
195
35
189
40
193
34
181
39
251
36
202
35
196
32
197
32
230
32
299
74
374
72
375
63
192
179
202
71
43
42
36
47
42
52
38
49
48
53
52
21
22
33
1,442
216
252
1,725
230
272
1,978
260
274
319
58
33
380
49
30
313
59
68
430
50
121
377
52
47
403
57
37
387
58
70
558
63
118
442
60
48
454
66
49
480
63
61
602
71
116
143
42
202
186
46
207
262
54
207
__ 16,644 16,088 17, 923
Merchandise, adjusted, excluding military.
Transportation
Travel-.
14
1954
1953
1954
1953
I
5
6
Western Europe
4,047
4,302
4,293
4,002
3,794
4,269
4,063
3,962
4,145
4,497
4,623
4,658
4,880
4,994
5,780
10, 990 10, 354 11, 516
2,809
2,889
2,688
2,604
2,531
2,768
2,466
2,589
2,775
2,805
2,820
3,116
2,278
2,030
2,399
1,081
929
1,026
1,009
1,202
1,155
250
149
293
248
291
371
247
161
231
156
283
269
270
401
242
.183
258
180
312
305
331
451
301
219
530
293
509
349
596
413
392
267
429
248
489
245
100
70
91
63
97
81
104
53
101
52
96
57
112
80
120
59
113
52
118
56
127
82
131
55
241
94.
273
96
298
94
___
2,535
2,603
2,804
568
612
666
689
622
688
638
655
656
775
682
691
1,171
1,455
1,633
_
364
86
360
59
418
94
81
20
86
20
76
23
121
23
86
15
94
14
82
14
98
16
95
16
106
20
103
27
114
31
238
35
251
31
289
58
.
4,691
5,011
4,126
1,343
1,448
622
1,278
1,012
1,457
849
1,693
1,128
971
821
1,206
2,856
2,251
1,759
1,992
64
73
-172
472
184
456
135
1,075
598
400
211
783
-579
-62
166
Balance on goods and services:
22
Total
23
Excluding military transfers
437
1,850
Unilateral transfers, net [to foreign countries (-)]:
24
Total
25
Excluding military supplies and serv- -2,454 -2,262 -2, 462
ices.
26
-6,708 -5,423 -4,596 -1,918 -2,060 -1,330 -1,400 -1,359 -1,494 -1,313 -1,257 -1,269 -1,199 -1,131
Private remittances $
27
28
29
30
United States capital, net [outflow of funds
31
32
33
34
35
36
37
38
39
40
-685
-536
-594
-531
-493
-599
-639
-739
-628
-521
-574 -1,409 -1,265 -1,067
117
— 120
-114
-125
-97
-103
167
-119
-108
-111
-111
-126
-4,254 -3, 161 -2, 134 -1,279 -1,375
-1,837 -1,647 -1, 865 -486 -524
-41
-36
-141 -129 -141
-794
-389
-33
-806
-438
-31
-828 -1,001
-402 -359
-32
-31
-714
-399
-33
-618
-487
-33
-530
-593
-38
-571
-484
-33
-610
-376
-34
-423 -3, 435 -2, 313 -1,593
-412
1,138 -1,018 -800
-36
-27
-41
-30
-189
-240
-187
-390
-313
-636
-125
-577
-237
-516
-476
Government:
Military supplies and services 2
Other grants
Pensions and other transfers __.
Private, net, total
Direct investments, net..
New issues
Redemptions
Other long-term, net
Short-term, net
Government, net, total
Long-term capital, outflow. _
Repayments
Short-term, net
-997 -4,844 -3,578 -2,660
-639
-486
-456
-587 -1,526 -1,455
-181
-369 -1,619 -1,153
-196
58
-12
-219
-309
-375
-305
-630
-48
-412
-191
-721
-270
139
316
167
-176
-100
25
40
15
-230
-24
86
136
90
-182
-6
12
105
59
-133
-140
16
35
3
-129
-226
19
-14
41
-259
-34
48
5
-135
-56
-17
41
-19
-254
-220
-32
16
-107
-287
-81
-68
95
-5
11
-262
-17
59
-103
-89
-124
-13
28
-137
55
-664
-309
124
-135
-635
-679
-124
203
-359
-194
23
-244
-217
-226
257
-50
-238
-502
103
-252
-191
-212
-26
21
-114
-171
-51
-50
7
173
-26
12
26
-240
-129
-29
16
-24
-25
-218
93
-302
15
-35
-177
-21
122
-15
-8
-6
-77
-165
-46
-14
154
202
-47
-716
487
11
-306
507
-108
-375
416
-343
-65
93
-13
-196
139
22
-286
105
4
-169
150
-2
-54
151
25
-61
103
-57
-65
123
-66
-126
130
-10
-45
70
-102
-151
85
-99
-75
104
-75
-104
157
-67
-172
337
-11
-105
335
-28
-74
253
-226
41
Foreign capital, net [outflow of funds (— )],
total.
1,147
1,462
1,433
123
310
462
252
457
268
412
325
156
535
519
223
1,049
1,094
972
42
Direct and long-term portfolio investments other than United States Government securities.
206
244
344
68
12
84
42
10
70
77
87
94
95
103
52
119
210
295
43
Transactions in United States Government securities.
-82
8
529
26
18
-118
-8
16
55
62
-125
196
107
192
34
-22
-6
147
44
Short-term liabilities to foreign banks
and official institutions.
1,021
1,234
700
31
133
449
208
364
146
253
471
-177
448
144
285
988
925
532
-36
-35
-2
45
Other short-term liabilities
46
Gold sales [purchases (— )]
_
47
Foreign capital and gold, total
48
Errors and omissions and transfers of funds
between foreign areas [receipts by foreign
areas (— )], net.
2
-24
-140
-2
-53
47
10
67
-3
20
-108
43
-115
80
-148
1,161
298
41
603
128
301
129
56
8
164
70
30
34
-15
-8
1,017
2,308
1,760
1,474
726
438
763
381
513
276
576
395
186
569
504
215
296
178
451
30
151
134
-19
21
151
201
-195
80
236
43
92
NOTE. Net foreign investment equals the balance on goods, services and unilateral transfers for all areas. 1953: -2,017; 1954: -412; 1955: -470; 1953 by quarters: I -575; II -612;
III -708; IV -122; 1954 by quarters: I -347; II -37; III -464; IV 436; 1955 by quarters:
379
78
2,066
1,473
1,050
-335
-96
89
I -141; II -228; III -310; IV 209. See footnotes at end of table.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
June 1956
25
States, 1953—55, by Quarters and Areas, Revised
[Millions of dollars]
Western European Dependencies1
Western Europe— Continued
1953
1955
1954
1954
1953
1954
1953
m
Line
1955
1955
I
IV
III
II
III
IV
I
II
III
2,063
2,162
1,657 1,854 1,676 1,929 1,585 2,055 1,858 1,818 1,835 2,028
1,011
1,117
1,052
1,045
758
745
668
821
712
910
743 1,127 1,103 1, 007 1,010 1,190
114
9
125
12
128
12
120
8
113
10
124
14
120
13
128
11
134
13
145
17
152
16
150
15
73
19
76
19
70
20
80
16
81
24
86
18
69
15
138
15
95
16
87
16
83
15
110
16
9
3
4
5
3
4
8
7
11
7
7
8
31
13
26
41
7
17
34
14
52
37
8
107
35
10
36
55
12
20
39
10
48
57
14
103
60
10
36
60
17
25
60
11
47
82
16
99 1
1,080
1,267
293
302
264
287
284
283
231
280
326
308
282
299
13
651
587
573
567
450
522
484
574
550
557
580
712
909
846
944
231
240
201
237
231
225
169
221
256
238
212
238
14
115
27
154
96
152
122
109
48
111
33
152
117
140
143
106
56
119
42
168
132
170
166
139
73
23
54
25
63
26
79
6
16
6
15
7
13
4
10
5
18
7
16
7
15
6
14
5
25
7
21
17
16
15
16
62
27
59
25
59
20
61
22
71
21
63
26
67
26
72
23
73
23
77
24
74
24
74
23
4
6
4
4
7
1
2
1
1
1
1
1
2
1
1
1
2
1
1
1
1
1
236
281
298
356
341
383
344
387
386
471
381
395
144
128
149
35
37
40
32
26
31
36
35
37
38
55
7
58
7
52
10
73
11
62
6
62
8
60
8
67
g
72
9
66
13
70
16
81
20
4
1
5
1
1
1
1
1
1
1
4
1
596
313
761
584
310
354
511
-443 -375 -473 -126 -121 -103
-90 -207
306
204 -127
-80
169
-443 -375 -473 -126 -121 -103
IV
655
II
I
652
652
III
686
I
IV
520
455
II
380
437
I
IV
434
703
1,286 1,247 1,095 1,333 1,272 1,294 1,274 1,508 1,481 1,517
983
895
371
607
581
—222
-284
-45
-71
742
167
181
161
161
194
140
192
170
201
174
181
166
221
3
132
118
127
102
142
114
132
126
127
115
137
4
40
9
49
9
48
8
12
1
10
2
9
3
9
3
11
1
13
2
12
3
13
3
11
1
11
3
12
3
14
1
5
6
16
13
(*)
13
1
4
4
3
1 00
3
!
1
4
4
00
00
00
00
131
141
166
2
1
1
1,146 1,078 1,215
23
32
27
-4
-5
-5
-4
-5
-57
-65
-18
-20
-20
-4
c
62
147
-12
60
-42
18
94
33
-41
4
-11
3
16
40
2
71
17
1
62
-19
1
24
-64
127
3
-23 -157
-6
-61 -185
-19
-15
15
-1
2
39
-32
3
1
4
3 -31
-68 -139
44
53
-45
102
127
9
-20
71
-7
-22
70
5
-113
73
-17
123
—4
-18
120
25
-18
57
-30
70
-25
-25
465
376
233
307
388
196
38
-10 -141
-33
11
17
-3
-29
25
-71
-37 -108
-85
10
7
1
-32
-51
-9
5
-34
18
-25
-6
-82
4
3
3
-31
3
6
-20
-88
f
*
6
-1
-40
25
28
-35
-70
4
54
—4
-62
88
-7
41
-69
-37
36
-69
-12
73
-57
-18
103
-31
-12
9
-1
00
221
264
341
146
-36
-59
-6
t
7
203
(*)
-47
-20
2
70
20
41
31
23
61
65
61
78
66
114
37
—1
9
-37
7
14
24
4
-48
59
71
27
-10
-80
440
392
236
274
304
108
239
37
168
161
166
39
-47
8
17
-20
-41
-4
-1
19
-49
47
-41
502
102
295
m
62
72
171
74
38
42
477
567
671
351
369
460
367
277
259
306
341
-77 -100 -103
171
-64
-64
184
-12
«;
-89
-1
-75
-1
-54
48
-115
(*)
4
(*)
-34
577
31
-8
-9
00
00
00
4
1 00
7
8
(*)
00
(*)
(*)
(•)
9
4
1
1
4
c
-1
4
(*)
-5
1
1
(*)
(*)
-6
-5
-1
— i.
4
40
1
00
34
1
1 00
17
18
19
20
21
-61
-79 -152
-127 -116
-78
22
-91
-61
-79 -152
-127 -116
-78
23
-5
-5
s
—6
-5
-5
-5
—6
R
-4
00
00
(*)
19
-46
14
-45
11
-1
*
2
1
00
00
-8
-5
f
(
-»
(•7
17
1
24
i
25
—6
15
(•;
26
8t (-7
19
15
-3
-1
<
-5
7
-22
00
t
-4
-49
-20
-22
r
10
11
12
-91
<*)
<•
66
(*)
-93 -144
(•)
10
31
00
-93 -144
—6
-20
19
-20
31
-20
32
33
34
35
36
(*)
1
00
2
1
(x)
»
37
(*)
38
39
40
ft
(")
-4
00
<
(*)
-25
41
42
(')
(•)
t
-1
30
14
-24
-23
27
28
29
(x)
2
-8
37
1
00
00
-66
32
00
8
-18
50
(*)
00
5 (*)
_e (*)
(x)
4
5
1
-4
3
37
1
00
(*)
10
144
23
3
(*)
1
—2
fr\
(*)
00
00
—5
-655 -652 -652 -686 -520 -455 -380 -437 -434 -342
-235 -222 -270 -210 -245 -293 -328 -158 -150 -164
A
7
0
n
in
49
1
-24
-65
1
181
-24
-1,011 -1,117
-333 -348
11
221
127
-22
-55
166
167
-22
-54
181
505
-19
-52
174
742
-19
-61
201
703
-306 -289 -325 -270 -308 -362 -389 -222 -216 -240
-54
170
490
-955 -941 -977 -956 -828 -817 -769 -659 -650 -582
-53
192
504
-424
-49
140
703
-396
-63
194
11
2
-1,407 -1,541
-59
I
IV
342
1,002 1,202 1,024 1,243 1,065 1,600 1,478 1,381 1,401 1,686
-28
703
III
II
43
44
45
(*)
10
46
-59
-6
9
-5
-18
-12
-8
-24
-25
439
492
125
159
134
159
138
123
88
—i
90
143
141
47
98
110
48
SUEVEY OF CURRENT BUSINESS
26
June 1956
Table 3.—Balance of Payments of the United
[Millions of dollars]
Eastern Europe
Item
Line
1953
1953
1954
___
27
4
3
Other goods and services, total
27
30
27
4
3
Merchandise, adjusted, excluding military
Transportation
__.
_.
Travel
18
16
13
(*)
(*)
2
2
3
4
5
6
7
8
9
10
11
12
13
_
30
Military transfers under grants,2 net, total
_
17
18
Miscellaneous
services:
Private 3
._ ~ _ _
Government, excluding military
20
21
(*)
4
(*\
III
4
4
1
1
(*)
_
3
13
7
5
13
5
4 4, 063 3,830 4,402
11
9
7
3
13
7
5
13
5
4 4,066
6
8
5
2
3
6
4
(*)
4
2
3 3,123 2,855 3,323
92
86
96
307
355
311
(*)
(*)
(*)
1
1
1
00
(*)
1
1
1
1
(z)
4
(*)
1
1
(*)
8
2
(*)
10
10
- 40
45
58
11
12
10
7
36
42
55
10
11
8
7
(*)
(*)
(*)
3
2
2
1
1
1
-
(*)
1
(*)
(*)
(*)
(*)
(*)
(*)
(*)
(*)
1
(*)
1
10
(*)
11
11
13
13
11
16
9
11
11
11
12
11
16
1
5
00
-
1
1955
7
(*)
(*)
(*)
1954
IV
9
(*)
_
Merchandise, adjusted, excluding military _
Transportation
Travel
Military expenditures
II
1
,
14
15
16
Income on investments:
Private
Government
I
IV
III
-3
(*)
Income on investments:
Direct investments __ _ _ _ .
Other private
Government
19
11
II
I
IV
_ . -
Miscellaneous services:
Private
_ _ _ _ _ _ _
Government, excluding military
Military transactions
Imports of goods and services, total
1955
1953
III
II
27
2
1954
1955
I
1 Exports of goods and services, total
Canada
(*)
(*)
1
(*)
9
(*)
(•)
«
(*)
(*)
(*)
1
(*)
(•)
1
1
4,402
92
2
114
98
2
107
100
2
93
208
128
0)
237
133
1
298
134
1
18 3,153 3, 045 3,440
16 2, 435 2, 364 2, 675
100
95
83
284
308
282
(*)
(X)
«,
(*)
(x)
(x~)
1
19
3
19
3
23
2
1
192
194
216
109
18
87
11
101
15
(*)
Balance on goods and services:
22
Total
-13
-15
-31
7
-9
1
2
-3
-8
2
-6
-8
2
-11
-14
910
785
962
23
Excluding military transfers
-13
-15
-31
-7
-9
1
2
-3
-8
2
-6
-8
2
-11
-14
913
785
962
-24
27
2
7
jj
4
9
7
3
3
4
0
7
15
-24
-27
2
3
3
4
-16
-16
3
3
4
2
2
-8
(*)
-ll
Unilateral transfers, [net to foreign countries (— )]:
24
Total
y ,P
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Government:
Military supplies and services 2
Other grants
Pensions and other transfers __ _
United States capital, net [outflow of funds ( — )]
-
Private, net, total
Direct investments, net
New issues
Redemptions
Other long-term, net
Short-term, net
4
00
2
1
/; •
A
4
3
_ r, i
cj
r^
—4
(*)
4
-3
00
(*)
1
11
2
(*)
1
(x)
(*)
2
2
00
(*)
-
_
(*)
V*)
Foreign capital net [outflow of funds ( — )], total
42
Direct and long-term portfolio investments other
than United States Government securities.
43
Transactions in United States Government securities.
44
Short-term liabilities to foreign banks and official
institutions.
45
Other short-term liabilities
46
Gold sales [purchases ( — )]
47
Foreign capital and gold total
48
Errors and omissions and transfers of funds between
foreign areas [receipts by foreign areas (— )], net.
4
5
5
00
00
—2
(0
(*)
0)
4
4
5
-1
1
1
1
1
-'
1
(.*)
2
1
1
1
(*)
2
1
1
-1
7
-7
2
(*)
1
-377 -443 -310
(')
-387 -385 -279
203 -107 -38
88
108
160
71 i
44
92
13 -23
1
(*)
1
(z)
2
2
00
(*)
2
(z)
-2
1
1
-5
2
9
-8
11
—1
(*)
9
1
1
-1
1
-6
1
(*)
2
_2
1
-98
r*)
(*)
1
00
1
-1
-1
00
-2
1
34
37
1
43
-1
11
-1
11
2
1
-1
-i
-1
i
8
-8
—1
1
7
-7
2
1
-2
-3
15
7
13
2
00
(»)
15
«
2
-2
00
-2
-82 -135
344
13
1 -140
00
2
-2
-2
16
1
73 -219
-18
66
(ar)
-2
-10
1 -382 -441 -301
1
(*)
(0
00
-9
(*)
(*)
__
15
3
j
00
00
00
00
00
1
1
2
00
(x\
Long-term capital, outflow
Repayments
Short-term, net
-4
00
4
5
00
Government, net, total
See footnotes at end of table.
00
4
7
A
58
-98
230 -468
4
-93
73 -219
16 -422 -410 -427
SURVEY OF CURRENT BUSINESS
June 1956
27
States, 1953-55, by Quarters and Areas, Revised—Continued
[Millions of dollars]
Latin American Republics
Canada— Continued
1955
1954
1953
III
I
II
973
1,159
989
-1
IV
I
942
II
892 1,034
-1
(*)
1954
1953
1953
1954
1955
Line
1955
IV
III
II
IV
IV
I
925
979
934 1,158 1,123 1,187 4,418 4,728 4,854 1,044 1,111 1,081 1,182 1,044 1,226 1,175 1,283 1,161 1,170 1,212 1,311
II
III
I
IV
III
II
III
I
II
III
IV
I
(*)
(x)
974
1,159
990
943
892 1,034
925
979
934 1,158 1,123 1,187 4,382 4,679 4,822 1S039 1,103 1,066 1,174 1,033 1,213 1,164 1,269 1,147 1,164 1,204 1,307
755
19
58
906
24
84
752
26
103
710
23
62
675
20
56
796
21
83
660
23
107
724
22
65
714
19
62
892
24
96
831
26
123
22
1
41
21
1
28
23
(*)
28
26
(*)
17
21
(*)
30
25
(*)
24
26
1
33
26
1
20
22
00
24
25
1
23
26
00
22
27
1
24
171
25
12
159
24
11
46
32
65
30
24
34
73
32
59
31
(*)
51
33
1
41
34
8635
(*)
59
34
65
32
(*)
61
34
(*)
113
34
1
570
17
24
590
23
32
705
36
49
32
886 3,058 3,338 3,296
27 320 312 328
74
190
197
185
5
8
15
8
11
13
11
14
14
6
8
1
4
2
3
721
79
43
770
79
48
738
81
52
829
81
42
714
76
43
895
78
47
823
78
54
906
80
46
783
80
47
805
81
48
799
84
55
909
83
47
4
5
6
164
23
13
43
6
5
41
7
2
42
6
3
45
6
2
40
6
3
37
7
3
39
6
3
43
5
2
39
6
3
38
6
5
41
6
2
46
5
3
7
8
9
735
32
34
135
4
3
144
5
7
135
4
5
156
4
9
141
4
6
130
6
10
149
6
6
170
7
10
176
7
6
162
8
11
204
7
6
193
10
11
10
11
12
13
791
872
785
653
757
856
779
704
871
984
881 4,349 4,208 4,334 1,189 1,113 1,080
967 1,120 1,128
581
21
25
635
23
58
609
25
156
610
26
43
531
19
25
592
21
59
607
21
157
634
22
43
587
20
26
682
23
62
692
29
170
714 3,581 3,445 3,468
241
28 269
287
50 273
288 320
6
1
4
4
1
5
1
4
1
5
1
5
00
5
1
5
0)
6
1
6
1
6
(*)
110
72
124
68
43
42
54
53
52
50
46
46
46
59
55
56
27
23
5
24
5
19
4
43
4
18
3
27
2
17
3
25
3
17
3
35
3
26
5
23
4
978
982 1,104 1,028 1,049 1,153
986
69
74
925
67
72
883
66
74
787
67
53
937
56
73
946
60
71
778
60
79
784
65
65
901
69
79
821
70
80
813
77
89
933
71
72
14
15
16
153
64
25
18
23
18
29
18
33
18
23
17
25
17
36
17
40
17
31
16
31
16
43
16
48
16
17
18
24
21
14
4
5
4
10
5
4
5
4
6
5
6
19
11
6
13
5
15
6
2
1
3
1
3
2
3
2
3
1
3
1
3
1
4
2
3
1
3
1
4
2
5
2
20
21
268
368
117
157
239
277
69
200
230
287
139
306
69
520
520 -145
-2
1
215
-76
98
197
301
57
142
163
158
22
269
368
118
158
239
277
69
200
230
287
139
306
33
471
488 -150
-10
-14
207
-87
85
186
287
43
136
155
154
23
-3
-3
-1
-1
2
-2
—2
-3
-5
-4
-3
-4
-2
-2
-2
-2
-3
-5
-4
-3
-1
-1
1
00
00
1
(*)
-3
-2
w
1
1
(*)
(*)
(*)
-2
-3
-2
-2
-2
-3
-173
4
-171
3
-98
-90
11
7
-1
2
_2
(*)
1
-2
-24
-28
-25
-32
-37
-28
-32
-37
-33
-39
-31
24
-80 -108
-14
-16
-13
-17
-21
-24
-17
-18
-23
-27
-31
-27
25
—27
-31
-34
-6
-6
-7
-8
-8
-11
-5
-7
-7
-9
-10
-8
26
-36
-28
-49
-42
-7
-32
-68
-6
-6
2
-8
-9
-1
-15
-5
-1
-8
-8
-1
-11
-11
_2
-13
-10
-3
-11
-11
-1
-14
-10
—1
-14
-14
-2
-6
-17
-1
-8
-20
-1
-4
-17
2
27
28
29
-31 -110
-58
-13
27 -180 -169 -213
-26 -164
-49 -143
30
-20
17
48
88
40 -183 -163 -195
-21 -134
-24 -150
31
-25
-71
-28
7
-5
-89
6
41 -111
2
4
-1
3
14
71
1
6
69
3
-5
83
1
6
38
2
2
3
2
-8
-109 -104
-89 -165 -94
40
-2
—1
2
-61
38
32
33
34
35
36
-53
-11 -127 -106 -101
-13
-405 -114 -143
6
61
115
83
1
-1
-3 -25
-18 -147 -120 -120
8
14
20
19
-1 (*)
00
(*)
77
104
29 -86
—2
-3
-3
-2
-72
-141 -218 -122
-18
-83
-44
-81
-65 -111 -212 -535 -382
-69
-140 -227 -119
-15
-82
-44
-83
-65 -118
-107
-14
81
45
-2
-117
-35 -126 -67
-4 -38
-6
78
35
8
2
41
1
-1 -19
-10
-58
-77
50
-38
-37
20
-6
-2
1
-3
-65 -90 -134
-99 -133 -24
12
3
42
10
-2
4
2 -5
-7
1
9 -3
4
30
14
-3
-1
-10
-231
51
-1
(*)
(*)
92
29
-59
49
20
6
36
4
-13
-11
1
-9
5
-56
-22
2
-28
-86
-180
50
76
20
-5
32
65
-62
21
34
20
-15
20
1
-84
-19
-60
2
-2
-10
-96 -129 -140
00
-1
11
-1
(X)
-3
-231
51
92
29
-59
-138
-93
-107
-49
-94
See footnotes at end of table.
-3
(X)
-1
(x)
x
()
54 -137
7
-77 -117
12
-29
-24
-88 -141
1
9
8
9
19 -111 -221
222 -310
25
7 -345
2
(*)
2
133 -501 -329
1
i
-34
35 -124
124
236
167
5
-2
16
-19
3
14
32
22
-1
-4 -105
89
80
135
40
7
85
49
00
-38 -134 -115
71
79
64
79
108
-51
32
40
32
-1
>7
28
132
-62
-14
97
25
10
174
153
174
129
39
-30 -151
21
7
46
49
183 -181
-29
-43
54 -137
-98 -169
7
53
-52
35 -124
-46 -208 -105
-68
256
-17
3
0
-6
3
-39
13
-69
2
-17
-66
-18
-5
-30
-25
7
37
-66
37
-1
-32
20
-13
-24
38
-7
38
39
40
14
91
41
5
42
1
43
56
44
-21
9
-20
22
1
-26
19
1
-47
33
-4
-21
20
-4
113
132
-53
44
-65
127
4
4
7
-3
13
7
15
11
6
-1
-6
14
2
39
27
17
26
2
3 -119
78
57
-70
14 -133
145
12
36
23
-17
—8
—52
-86
105
80
-91
-24
39
00
20
A
2
-2
31
-2
-3
-53
42
-68
127
3
91
47
53
-98
74
-72
-78
-75
48
-26
29
-11
45
46
SURVEY OF CURRENT BUSINESS
28
June 195(
Table 3.—Balance of Payments of the Unite<
[Millions of dollars]
International
institutions
All other countries l
Item
Line
1954
1953
1953
1955
I
1 Exports of goods and services, total
2
Military transfers under grants, net, total
3
Other goods and services, total
II
1954
III
I
IV
4,321
4,476
786
799
509
264
250
125
147
165
3,535
3,677
3,890
858
870
869
938
2,592
259
32
2, 594
239
26
2,790
283
24
631
65
622
68
10
642
66
9
697
60
6
4,399 1,122 1,120
994 1,085
1,026
1955
II
III
1,316
1,021
302
IV
I
II
III
1953
1954
1955
67
87
86
IV
1,113 1,119 1,105 1,082
1,093
183
149
136
128
168
861 1,014
838
964
983
977
914 1,016
67
87
86
620
56
5
750
64
6
584
58
8
640
61
7
734
65
4
711
67
6
633
74
7
712
77
7
7
29
27
47
44
44
77
4
5
6
Merchandise, adjusted, excluding military-.. .
Transportation
Travel
7
8
9
Miscellaneous services:
Private
Government, excluding military
Militarv transactions
112
70
45
122
51
39
125
42
63
29
19
16
27
25
10
28
14
7
28
12
12
32
10
11
30
9
11
31
17
8
29
15
9
31
13
11
31
9
13
31
10
22
32
10
17
Income on investments:
Direct investments
Other private
Government
390
16
19
571
14
21
517
25
21
84
4
3
98
5
5
93
3
7
115
4
4
119
4
4
136
3
5
121
4
7
195
3
5
115
5
5
130
5
5
124
7
6
148
8
5
13
14
15
3,028
2,681
3,059
761
812
750
705
628
754
690
609
721
768
783
787
48
37
37
1,748
164
27
1,627
168
25
1,975
193
35
447
39
7
491
43
7
414
41
6
396
41
7
373
40
7
472
43
6
417
42
7
365
43
5
469
45
8
496
44
10
507
48
9
503
56
8
3
18
60
9
44
11
48
6
20
4
17
4
13
4
10
2
10
2
10
3
12
2
12
3
10
3
12
2
13
3
13
29
28
28
801
784
240
248
268
244
193
219
208
181
183
201
201
199
5
2
8
5
(*)
2
(•)
2
2
2
2
1
2
1
1
1
1
(*)
1
(«)
2
1
1
1
2
1
3
2
16
(«)
9
00
9
361
308
244
380
398
562
331
504
398
337
299
306
19
50
49
97
58
119
233
233
260
148
355
262
209
131
229
19
50
49
10
11
12
13
Imports of goods and services, total
..
..
14
15
16
Merchandise, adjusted, excluding military
Transportation
Travel
17
18
Miscellaneous services:
Private
Govfirnrnflnt, p.xrVJijding military
19
20
21
Military expenditures
1,000
Income on investments:
Private
G overrun en t,
4
7
Balance on goods and services:
22
Total
23
Excluding military transfers
1,293
._
507
1,795
1,340
996
831.
Unilateral transfers, net [to foreign countries (— )]:
24
-1,624 -1,598 -1,659 -446 -462 -330
Total
-386
-327
-479 -422
-370
-425
-463
-414
-357
-93
-62
-81
-239
-162
-177
-239
-221
-289
-335
-246 -280
-93
-62
-81
-93
-62
-81
-90 -181
-15
-95
-25
-63
-98
-17
-96
-27
-36
-8
1
15
-82
-34
-12
3
-11
-9
-40
-26
1
-43
10
-31
8
4
2
-88
7
-15
(«)
-41
-70
-27
-83
2
1
7
-34
00
2
-17
5
-29
-48
7
-29
-31
7
-3
-62
9
-30
2
I
2
44
84
140
130
74
67
218
90
2
3
2
3
2
8
10
12
-1
14
—1
7
2
15
68
-33
46
69
55
136
134
144
45
138
110
-2
-26
12
3
-14
-74
-1
2
1
-4
-29
-25
Excluding military supplies and services
-838
-799
26
Private remittances
-169
-204
-158
27
28
29
Government:
Military supplies an<l services
Other grants
Pensions and other transfers
-786
-570
-99
-799
-513
-82
302
-509 -264
250 -125 -147 -165
183 -149 -136 -128 -168
-77
-909 -111 -143 -144 -172 -108 -129 -118 -158 -224 -278 -189 -218
-83 -26 -27 -23 -23 -21 -19 -21 -21 -24 -20 -20 -19
-151
-426
-524
-46
5
-42
-68
-65
-86
-94 -181
-73 -180
-126
-337
-303
-33
-29
-15
-49
-58
-61
-53 -165
-32 -110
-84
-36
7
26
-39
-145
-54
9
-86
-61
-133
-56
11
-14
-111
-15
-10
1
12
-21
-25
-10
(')
6
-17
-6
6
8
-6
-27
-10
-26
-9
3
-32
6
-21
-10
1
-27
-4
-23
-7
3
-13
-13
-75
-28
2
-14
-50
-23
-10
6
25
-30
-25
-89
-221
-13
34
-27
-19
-7
-25
-41
-16
-121
72
24
-79
66
-76
-158
28
-91
-22
13
-4
-26
43
17
-50
14
9
-23
2
-14
6
1
-20
23
-28
-29
29
-41
-16
8
-8
428
110
-46
61
-82
43
5
10
(')
-1
1
-1
1
-1
2
22
(*)
(«)
1
-1
-1
25
30
31
32
33
34
35
36
37
38
39
40
41
United States capital, net [outflow of funds (— )] .Private, not, total
Direct investments, net
New issues
Redemptions
Other long-term net
Short-term, net
- _,
.
Government, net, total
Long-term capital outflow
Repayments
Short-term net
.
._
_
-
Foreign capital, net [outflow of funds (— )], total
42
Direct and long-term portfolio investments other
than United States Government securities. .
43
Transactions in United States Government securities
44
Short-term liabilities to foreign banks and official
institutions
45
Other short-term liabilities
46
Gold sales [purchases ( — )]
47
Foreign capital and gold, total-
48
Errors and omissions and transfers of funds between
foreign areas [receipts by foreign areas (— ) ], n«t
Footnotes at end of table.
43
i
-101
-1, 150 -182
-212
-45
-42
-205
-3S
-44
W
6
-18
2
-33
-29 -100
-58 -130
3
(')
-72 -126
93
-83
469
183
-49
44
-85
-49
-21
-73
-73
4
15
5
14
6
10
2
1
1
2
2
9
49
-91
430
111
-45
63
-80
433
320
413
20
194
65
154
-7
(«)
1
-49 -130
43
-42
133
-41
(•)
-37
(•)
-37
-43
2
44
44
84
140
132
74
63
189
65
141
3
16
166
73
158
26
-82
-8
June 1956
29
SUEVEY OF CURRENT BUSINESS
States, 1953-55, by Quarters and Areas, Revised—Continued
[Millions of dollars]
International institutions
1953
I
II
17
1954
III
14
Sterling area, total
IV
22
I
14
II
21
1955
III
26
23
IV
17
I
II
22
1953
III
23
21
IV
20
1953
nss
14
II
III
IV
I
II
III
IV
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
1
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
23
21
20 2,567 2,804 3,322
637
577
591
762
550
677
631
946
809
734
764 1,015
3
6
1
7
12
8
2
7
8
6
6 1,614 1,740 2,144
211
241
220
36
35
39
432
53
7
362
55
10
387
58
11
433
54
7
351
50
7
431
56
10
418
52
10
540
53
9
563
58
8
478
60
12
516
62
10
587
61
9
4
5
6
11
11
11
11
11
5
2
4
2
3
3
4
4
4
4
4
3
8
5
31
4
4
3
25
5
3
3
28
27
1
00
1
1
3
23
1
26
236
27
28
295
24
17
289
23
27
60
8
11
59
5
4
57
7
4
60
7
9
62
7
6
66
7
4
54
5
4
113
5
3
70
6
6
66
5
1
65
6
11
88
6
9
7
8
9
274
29
104
350
28
103
421
34
104
58
9
67
5
9
56
10
1
93
5
94
86
9
8
82
5
1
120
9
94
91
6
1
91
10
11
85
8
1
154
10
91
10
11
12
3 2,713 2,696 3,099
677
737
674
625
745
675
644
724
814
775
786
13
1,708 1,526 1,800
217
206
217
135
121
160
451
49
22
460
64
37
404
62
44
393
42
18
357
42
24
427
63
39
367
57
47
375
44
25
428
43
34
466
64
48
452
60
49
454
50
29
14
15
16
206
28
233
24
259
22
52
8
51
9
51
6
52
5
61
6
53
6
58
6
61
6
65
5
66
5
64
7
64
5
17
18
289
417
464
62
80
72
75
106
116
100
95
106
124
98
136
19
(*)3
133
11
148
7
169
8
31
2
34
2
31
4
37
3
35
1
39
2
38
2
36
2
42
1
39
2
43
2
45
3
20
21
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
22
223
-40 -160
-83
137
-82
-68
-44
302
85
-80
-11
229
23
00
3
00
2
00
2
(•)
2
C)
2
00
2
00
2
10
17
23
2
12
19
20
-7
17
10
17
23
-2
12
19
20
-7
17 -146
-31
-10
-8
-24
-20
-22
-31
-16
-12
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
24
-31
-10
-8
-24
-20
-22
-31
-16
-12 -510
-305
-380
-124
-110
-151
-125
-73
-61
-72
-99 -110
-113
-75
-82
25
-21
-19
-24
-22
-25
-22
-22
-21
-24
2<>
nss
-52
o
nss
-36
-1
nss
-48
-2
I1SS
-84 -131 -101
-1
-3
-3
-72
-2
nss
-87
-1
nss
-89
-2
nss
-51
-3
nss
-55
-3
»
-19
-63
4
4
4
4
9
9
-9
9
9
-9
-36
-24
-2
-36
-24
-2
W
-84
-2
nss
62
5
(')
632
3
-31
-10
-8
-24
-20
-22
-31
-16
nss
-12 -417
Q
108
-90
-89
-21
nss
nss
-208 -282 -101
-9
-2
-7
-23
-19
5
1
-30
-78
-3
-14
9
-7
-19
-8
49 -173
-82
-6
4
—7
-40
29
-45
-64
-93
25
-25
5
-1
-30
-78
-3
-15
9
-7
-21
8
45 -217
-61
11
12
1
-69
30
-39
-59 -149
42
-5
-31
-84
7
-1
00
-62 -104
-14 -14
8
6
7
66
16 -30
-56 -164
79
12
-42
— 14
2
—7
-88
-21
-39
6
9
48
(*)
-14
48
5
-2
1
1
-61
—4
-3
(*)
-10
i
-1
1
7
2
(')
—7
1
2
1
2
'
I
22
11
8
1
IV
17
11
9
III
23
11
9
II
26
11
-24
I
21
12
-36
Line
14
12
1
nss
1955
1954
22
12
1
1955
2
nss
17
1954
-21
(*)
-8
(')
-23
-11
-39
-3
3
-20
1
14
-16
21
14
5
16
-9
(')
15
-45
3
11
19
(')
-4
-38
2
16
-57
4 -102
-6
-6
2
-13
27
-38
8
(')
12
-44
27
28
30
31
32
33
.'34
35
36
2
4
44
-21
-17
-8
-8
29
-1
-6
5
56
-17
-20
23
39
37
2
— 55
59
-8
-56
63
37
-43
68
-46
-12
1
-6
-13
4
1
-11
-19
54
-6
-10
2
-16
1
9
-16
3
8
-14
57
13
— 14
2
-5
— 10
3
-13
-9
4
-18
-10
59
-10
38
W
40
0)
3
-37
24
-44
124
72
-40
204
-18
55
-1
-3
39
20
1
104
-12
187
10 -165
-161
92
156
-95
-49
41
1
3
2
2
2
3
3
2
4
2
4
2
56
135
102
25
—7
15
23
23
37
35
40
20
53
15
14
42
36
5
-20
-6
20
36
12
8
-45
3
1
35
-17
67
7
9
11
8
17
-11
-5
-18
33
32
6
-4
43
-74
17
-26
128
69
-62
163
-32
43
40
-10
37
-58
-69
-45
-51
181
-20
44
1
-1
2
(•)
(*)
2
00
-1
-13
-48
-20
7
4
1
-6
-1
-7
-12
-8
-2
-5
-8
-6
-6
482
50
(')
321
40
121
-52
196
-20
50
-9
-9
33
502
51
104
309
227
28
-56
27
51
-30
203
319
—1
3
00
-34
24
-50
123
65
52
-14
60
-72
6
40 -156
135 -139
39
-17 -171
-25
56
12
193
205 -151
197 -192
-18
11
-130
-53
50
(•)
131 -165
110
108
108
18
30
(*)
255 -151
-81
9
331
-161
51
107 -141
-36
25
-39
45
46
(')
92
156
-95
-49
47
-92
62
200
-35
48
SURVEY OF CURRENT BUSINESS
30
June 195
Table 3.—Balance of Payments of the Unite
[Millions of dollars]
Other Sterling
Area in Europe
United Kingdom
Item
Line
Exports of goods and services, total
_ _
2
Military transfers under grants, net, total
3
Other goods and services, total
1954
1955
1953
1954
III
IV
I
II
III
IV
I
II
III
IV
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
1,152
1,337
1,638
64
50
69
287
276
265
388
259
292
288
548
398
355
399
555
712
130
18
954
157
21
56
3
(')
45
2
(*)
61
2
1
179
29
3
157
32
4
151
35
5
185
31
3
147
30
4
154
35
5
185
33
5
271
34
4
256
38
5
206
40
7
267
42
5
286
39
5
(*)
(*)
(*)
1
1
(")
43
3
(*)
46
2
1
43
4
(*)
45
3
1
47
3
(')
51
4
(*)
38
2
1
99
2
(•)
56
3
1
50
2
(*)
49
2
1
72
3
1
22
8
25
3
6
18
9
25
4
91
24
4
30
8
5
20
4
40
8
90
35
4
(«)
34
9
7
28
5
(«)
53
8
88
_
7
8
9
Miscellaneous services:
Private
Government, excluding military
Military transactions
__
176
12
2
235
11
1
226
9
3
1
(*)
90
24
93
114
24
92
150
26
92
(*)
(-)
4
0)
3
3
_.--_-_
II
nss
616
124
15
__ _ _
I
nss
Merchandise, adjusted, excluding military
Transportation
Travel
Income on investments:
Direct investments
Other private
Government
,.
1955
1955
4
5
6
10
11
12
1954
1953
1953
1
United Kingdom and Other Sterling Area in Europe
(*)
1,335
1,452
1,654
40
42
38
313
364
372
326
340
408
385
361
376
438
429
449
14
15
16
Merchandise, adjusted, excluding military _ _
Transportation
Travel
544
179
57
501
168
67
613
178
73
13
4
6
14
4
6
12
4
8
138
40
5
139
55
21
149
53
30
131
35
7
115
35
6
138
54
24
125
48
32
137
35
11
142
36
9
150
55
27
160
51
32
173
40
13
17
18
Miscellaneous services:
Private
Government, excluding military
197
9
229
9
253
6
(*)
1
49
3
49
3
49
2
50
2
60
2
52
3
56
2
61
2
63
2
64
1
63
2
63
1
19
Military expenditures
210
329
361
16
46
62
56
62
88
98
83
78
83
101
77
114
20
21
Income on investments:
Private
Government
129
10
142
7
163
7
(*)
30
2
33
2
30
3
36
3
33
1
37
2
37
2
35
2
40
1
38
2
42
2
43
2
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
-16
24
8
31
-26
—88 -107
62
81
116
-97
187
22
83
-30
106
nss
13
Imports of goods and services, total
_
-
(*)
18
(*)
14
Balance on goods and services:
22
Total
23
Excluding military transfers
_
__
nss
-183
nss
-115
Unilateral transfers, net [to foreign countries (— )]:
24
Total
25
Excluding military supplies and services
26
Private remittances
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
nss
-319
Government:
Military supplies and services
Other grants
United States capital, net [outflow of funds (— )]
_._
Direct investments
New issues
Redemptions
_
Other long-term net
Short-term, net
__
_.
Government, net, total
Long-term capital, outflows
Repayments
Short-term, net_._
Foreign capital, net [outflow of funds ( — )], total
nss
-117
nss
nss
nss
-21
-17
-15 -102
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
-85
-96
-57
-56
-39
-49
-68
-54
-50
-14
-14
-39
-41
-35
-13
-14
-13
-12
-15
-12
-13
-11
-15
-14
-15
-11
-12
-12
-13
nss
-277
-3
nss
-151
-3
nss
-78
4
nss
-6
nss
—1
2
nss
(*)2
nss
-89
nss
-69
i
nss
-83
nss
-44
•• 1
nss
-23
••- 1
nss
-33
2
nss
-52
1
nss
-42
. j
nss
-36
2
nss
(*)o
nss
00
..,, ]_
23
-62
33
^
-17
nss
-42
2
42
-16
14
45
-35
-35
-36
36
-3
-10
10
11
-11
42
-16
-31
39
-37
-44 -103
37
4
5
-35
-16
Private, net, total
nss
-195
-145
o
1
(*)
4
-14
-33
-2
8
-4
2
8
3
8
-33
-6
-24
-4
1
34
-54
-2
-129
-38
82
3
-12
20
14
CO
-12
11
-44
13
18
10
-30
8
-60
13
-57
-2
45
-19
47
-19
28
2
-38
39
83
22
45
6
2
9
67
-1
-7
-15
45
55
-16
-7
56
34
57
-35
1
8
55
12
(*)
-1
(X
\
2
-17
55
-10
-35
24
72
130
-97
-47
(«)
1
0)
0)
5
(*)
1
(*)
2
-5
-6
(*)
1
-7
1
-1
-42
169
0)
(*)
-7
53
-8
17 -174
6
126
9
207 -123
-184
81
42
Direct and long-term portfolio investments other
than United States Government securities
57
128
95
25
-7
15
24
21
35
33
39
19
50
14
12
43
Transactions in United States Government securities.
35
-16
66
7
9
11
8
18
-11
-5
-18
33
31
6
-4
44
Short-term liabilities to banks and official institutions -
-41
-74
-83
157
45
Other short-term liabilities
-47
-15
9
10
46
Gold sales [purchases ( — )1
47
Foreign capital and gold, total
48
__
Errors and omissions and transfers of funds between
foreign areas [receipts by foreign areas (— )], net...
Or) Less than $500,000.
nss. Not shown separately.
-127
5
2
—5
(*}
480
50
445
74
72
5
2
34
298
28
-8
6
-5
320
40
278
209
-11 -133
yo
-9 -187
-19
78
9
120
11
-151
54
-2
89 -142
-24
31
-40
25
-31
81
130
-97
-47
-85
6
151
-55
50
137 -174
82
196 -162
-13
155
126
-34
257 -123
-67
304
-184
101
i Beginning with 1954 the Federation of Rhodesia and Nyasaland was excluded fror
Dependencies and included in "All other countries."
June 1956
31
SURVEY OF CUERENT BUSINESS
States, 1953-55, by Quarters and Areas, Revised—Continued
[Millions at dollars]
Other countries in sterling area *
Sterling area dependencies *
1954
1953
1953
1954
1955
386
383
432
I
II
87
III
IV
I
86
114
78
99
II
97
III
IV
I
II
III
IV
93
115
98
103
93
138
1953
1954
1955
nss
nss
nss
nss
1955
Line
I
II
III
IV
nss
nss
nss
nss
nss nss nss nss nss nss nss nss nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
965 1,034 1,183
263
202
240
260
213
288
250
283
313
276
272
322
3
I
II
III
IV
I
II
III
IV
1
2
386
383
432
87
99
86
114
78
97
93
115
98
103
93
138
224
18
215
23
7
242
22
6
54
5
1
59
5
2
52
4
2
59
4
2
47
5
1
58
6
2
48
6
2
62
6
2
60
5
1
59
6
2
55
5
2
68
6
1
718
75
13
768
56
11
887
60
11
199
19
3
146
18
4
184
19
4
189
19
2
157
15
2
219
15
3
185
13
3
207
13
3
247
15
2
213
14
3
194
15
3
233
16
3
4
5
6
9
(*)
00
11
1
(•)
4
00
3
(*)
3
3
1
2
2
(*)
(')
3
(*)
00
2
(«)
2
(*)
00
3
(«)
(*)
3
1
(*)
3
(-)
00
46
14
26
51
13
16
51
12
24
12
5
11
11
3
3
11
3
4
12
3
8
13
4
6
13
3
4
13
3
3
12
3
3
12
3
5
13
3
1
13
3
10
13
3
8
7
8
9
23
30
61
5
7
107
4
8
121
8
9
13
1
13
1
3
12
2
1
23
1
3
15
1
(•)
27
1
3
28
1
1
37
1
4
26
2
1
24
1
4
30
3
1
41
2
3
10
11
12
171
139
7
13
1
(X)
129
150
(«)
00
661
552
656
178
181
153
149
547
14
48
430
15
56
519
16
70
147
4
14
150
4
13
123
4
12
127
2
9
4
4
3
4
3
5
1
1
1
1
1
1
1
1
42
40
39
10
11
12
9
2
4
4
1
1
123
25
45
00
23
29
34
43
30
33
27
60
(X)
(*)
(«)
(')
00
119
144
158
187
163
148
677
650
751
186
192
149
150
156
184
89
4
13
115
4
13
119
3
22
149
4
19
131
4
15
120
5
14
604
20
10
581
19
6
656
19
9
166
5
3
171
5
3
132
5
2
135
5
2
138
4
2
167 153
5
5
1
2
1
1
1
1
00
1
1
1
1
1
1
2
(•)
5
14
1
11
3
11
2
4
1
5
1
3
1
2
00
3
00
2
1
3
10
10
10
10
11
12
9
7
21
30
50
6
7
4
4
8
8
1
1
1
1
1
1
1
1
2
1
2
(*)
2
1
00
1
1
1
1
(*)
0)
1
00
(*)
00
136
153
104
3
16
122
4
14
1
1
00
nss -169
-224
-91
-82
-67
-35
-58
-56 -26 -29 -60 -84 -70 -10
nss
nss
nss
-169
-224
-91
-82
-67
-35
-58
-56 -26 -29 -60 -84 -70 -10
288
384
432
nss
nss
-275
nss
-20
-20
-4
-3
-4
-14
-20
-20
-4
-3
-3
-4
-5
-13
-18
-17
-4
-3
-3
-3
-4
-1
—1
-1
2
-1
00
00
-1
-84
2
9
-8
-26
-12
-38
-76
-2
8
-6
-27
-12
-31
-76
-6
3
-5
-28
-12
-31
-4
-7
-4
-5
-4
-4
-4
-19
(*)
(*)
-1
00
-1
(*)
(*)
00
(*)
00
nss
-1 -134
-1
-3
2
2
-4
2
1
(*)
(*)
3
1
1
(*)
-1
1
-2
1
00
-7
2
00
—1
00
-8
1
00
(*)
1
1
(*)
(*)
4
(*)
3
1
(*)
1
(*)
-3
1
Q
6
-2
-4
(*)
(0
Q
(*)
2
-7
-5
1
-1
5
-1
(*)
-4
-6
1
8
-4
(*)
-5 -4
-4
-5
(*)
—1
2
-2
-10
3
-1
-1
2
(*)
c
(*)
2
6
(*)
(")
(')
-1
(*)
(*)
(*)
3
(-)
-4
-3
-1
2
-5
2
116
80
3
-1
00
-9
-5
-4
-6
-3
1
-9
376
186
244
(*)
4
-3
(')
(*)
1
1
1
-2
(*)
00
1
-1
(*)
(*)
-7
2
nss
nss
-55 -202
-1
-2
103
77
-1
1
i
62
58
27
Includes loans and returns of military equipment.
10
nss
nss
91
-5
-5
12 -114
47
-70
-80
28
o
3
-2
20 -18
11
-42
14
7
10
—31
-74
14
8
3
—3
19
-3
6
30
1
11
—3
00
00
-35
-44
-44
-9
-45
1
9
-49
4
1
-43
10
-11
53
-26
46
(*)
1
0)
(')
(*)
(*)
-1
2
3
(x)
00
00
8
"(X)"
-4
-4
1
(*)
3
(*)
2
(*)
(•)
-1
-5
-2
-3
2
(*)
(*)
1
1
-1
1
62
19 -12
3
-126
7
12
11
12
15
19
(*)
(«)
(*)
(*)
1
(*)
00
1
1
20
21
111
nss nss
57
104
nss nss
79
144
123
nss nss nss
87
00
nss nss
-4
-5
-4
-4
-7
-4
22
8-9
133
23
nss nss
nss
24
-6
-5
25
-6
26
nss nss nss nss nss nss nss nss
-8 -13 -15 -19 -44 -53 -51 -54
i -1
(*) (*) (*) -1 (*) (*)
21 -16 -18 -12 -31 -53 -14 -21 -31 -58
27
28
29
-7
-9
-4 -16 -41
5 -10
-9
-3 -28
00
29
3
30
-8 -23 -52
31
-2 -18 -13 -22 -21
14
-6 -8
2 (*)
6 (*)
2
2
5
4 -17
8 -1 11
4 00
2 -26
-1 -6
32
33
34
35
36
-8
-6
37
38
39
40
30
00
n
23
-9
00
(*)
9 -17
(*)
1
—1
55
-171
7
-9 -10
2
4
— 1 (*)
1
-199
17
18
-8 -15 -12 -17 -13
29
36
1
3
-9 -16 -14 — 14 — 10
1
1
1
1
3
1 -4 -6
(*) 00
-3 -29
11 27
23
1
56
(*)
3
-9
43
90
1
3
-9
3
46
1
2
-8
-29
00
(*)
3
-11 -12 -11 -11 -10
1 00
1
00
2
2 0)
2
3
61
-26
14
15
16
4
-1
-8
-4
13
3
-3
00
-5
-4
189
161
5
2
5
15
4
-1
-1
183
161
5
2
-12 -15 -48 -59
-1 -2 00 (*)
22 -15
00
1
189
167
5
2
-18 -22 -52 -64 -12 -17 -19 -25 -51 -59 -57 -61
22 -15
00
39
-124
77
-1
1
2
-24
190
123 167
4
5
1
3
nss nss nss nss nss nss nss nss nss nss
-1
1
r<o
1 (*) 00
-1 -i -2
-17
(*)
3
(*)
-1
00 (*)
1
-73 -228
(')
(*)
2
7
-5
(*)
nss
-156
2
2
1954
1953
1955
28
-109
12 -20
-3
3
1
(*}
00
-1
00
23
-8
1
(*)
00
1
(*) -30
21
9
19
i
3
1
7
-3 -29
23
-4
1
1
31
-8
-1
6
6
2
(*)
00
42
(*)
43
9
44
>j
45
2
47
-7 -16
48
6
46
(x\
9 -17
1 -52 -39 -10 -72
11
41
27
-89 -69 -34
6
Migratory workers earnings less expenditures in the United States were shifted from private remittances to private miscellaneous services.
32
SURVEY OF CURRENT BUSINESS
The rise in grants to the "other countries" consisted
primarily of the return to Korea of local currency obtained
from the sale of agricultural products, and of smaller increases in other aid to India and Pakistan.
Private investments at record rate
Net outflows of United States private capital in the first
quarter, estimated at about $420 million, consisted mostly
of record outflows on direct investments by United States
companies and substantial purchases of new and outstanding
Canadian bonds. Medium-term loans by United States
banks, which tend to fluctuate widely, were a relatively
minor factor in the first quarter, The movement of shortterm funds followed the usual seasonal pattern, shifting
from an outflow in the fourth quarter to an inflow in the
first.
The rise in direct investments affected nearly all areas.
It was particularly large (nearly $100 million from the preceding quarter) in Canada, but this included some transactions resulting from special circumstances. Investments
in Europe continued the strong rise which began in 1955
and the outflow of Latin America, although seasonally low,
was higher than in the first quarters of the two preceding
years.
Balance of payments by areas
The breakdown of the United States balance of payments
by areas shows a $100 million rise from the fourth quarter
of last year in net payments to the sterling area (after adjustment for the $143 million paid in December by the
United Kingdom on its large postwar loan) and an equally
large decline in net receipts from Canada.
Partly offsetting this $200 million net change was a reduction of about $50 million in net payments to continental
Western Europe. The balances on transactions with Latin
America and the independent, nonsterling area countries of
Asia and Africa, remained nearly unchanged.
Compared with the first quarter of 1955 the principal
changes were in the same direction, but there was also a
substantial increase in net payments to the independent
countries of Asia and Africa outside the sterling area.
Outstanding among developments between the first quarters of 1955 and 1956 was the $160 million increase in net
payments to the sterling area despite a decline of $40 million
in United States Government grants to the United Kingdom.
The rise in payments consisted primarily of a $140 million
increase in United States purchases of goods and services,
including $50 million additional expenditures by our armed
forces. Another factor was the change in the movement of
United States capital from an inflow in the early part of 1955
to an outflow in the first 3 months of this year, largely because
of increased direct investments and a larger accumulation of
sterling area currencies obtained through the sale of agricultural products.
Exports of goods and services from the United States to
sterling area countries remained about as high as a year
earlier. A small decline to the United Kingdom was offset
by a rise to the rest of the sterling area. The rise in net
receipts of the sterling area from the United States can probably be attributed in part to the economic policies of the
British Government.
The small decline in net payments to continental Western
Europe and its dependencies, from $281 million to $246 million between the first quarters of 1955 and 1956, was due to
the larger increase in European expenditures here than in
United States expenditures in Europe. The rise in United
States payments took place although net Government grants,
loans and net acquisitions of foreign currencies, declined by
June 1956
about $190 million. United States purchases of goods and
services rose by nearly $200 million—half of which was in
military expenditures—and the outflow of United States
private capital increased by $75 million. The net outflow
of United States private capital during the first quarter of
1955 was relatively small, however, because of large repayments of bank loans by France. United States exports of
goods and services (excluding military supplies and services
furnished under Government Grant Programs) rose from last
year to about $100 million.
Net receipts from Canada declined by about $100 million
from the first quarter of last year, although United States
exports of goods and services increased by $240 million.
This large rise was more than compensated, however, by a
$225 million increase in the outflow of United States capital,
mainly through direct investments and security purchases,
and an increase in United States imports by about $110
million. Although special circumstances account for a part
of the first quarter 1956 rise in the capital outflow, the rise
in transactions with Canada from last year reflects the continued expansion of the Canadian economy and its growing
importance to the United States as a source of needed imports
as well as a market for goods and services produced here.
Transactions with Latin America increased by about 15
percent from the first quarter of 1955 with United States
payments and receipts expanding by about the same amount.
Merchandise imports, principally coffee, copper and petroleum, expanded by about $140 million and service expenditures, including travel, by about $30 million. The outflow of
capital was also larger than a year earlier, and its composition
changed fron a higher amount of medium-term bank loans to
larger direct investments.
The $190 million rise in United States receipts from Latin
America included about $35 million of additional income on
United States investments in the area, and about $135
million of additional merchandise exports.
The rise in net payments to the independent countries in
Asia and Africa outside the sterling area was due to an
increase in United States payments by $110 million, while
United States exports of goods and services rose by $36
million. Most of the rise in United States payments was for
goods and services; the remainder consisted of Government
grants and capital funds. Merchandise imports from nearly
all of the countries in the area increased, with the rise in
those from Japan most important.
Larger rise in foreign reserves
The rise in aggregate foreign reserves during the first
quarter was among the largest for that quarter in recent
years. The rise in gold and liquid dollar assets held by
foreign countries through transactions with the United
States was $476 million in the first quarter. In addition, a
large part of the world's gold production was added to foreign
reserves; last year, newly produced gold entering official
reserves averaged about $150 million per quarter or about
60 percent of the free world's output.
Included in the list of countries making major additions to
their gold and dollar holdings were the United Kingdom,
Germany, Canada, Brazil, Japan, Guatemala and El Salvador. Most important among the countries losing gold and
dollars was France.
Leading developments in the first quarter were reversals
from last year in the reserve movement of France and the
United Kingdom. Also significant was the ability of Brazil
and other coffee producing countries to improve their position.
Canadian holdings of United States dollar assets increased
again after a decline during the preceding quarter. The rise
in German and Japanese reserves represents a continuation
of trends started in earlier periods.
BUSINESS STATISTICS
I HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SURVEY OF
CURRENT BUSINESS. That volume (price $2.00) contains monthly data for the years 1951 through 1954 arid monthly averages for earlier years
back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1951. Series
added or significantly revised since publication of the 1955 Supplement are indicated by an asterisk (*) and a dagger (f), respectively. In most
instances, the terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
Data from private sources are provided
195G
1955
April
May
June
July
August
SeptemDecemOctober November
ber
ber
January
February
March
April
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil. of dol- -
320.7
325 7
332.2
do
- do
do
do
_ _ _ d o ___
do
219 5
207 0
171q 7o
25.9
12 5
224
211
175
9
26
13
228
214
178
9
26
13
Proprietors' and rental income,
total cf
do
Business and professional d1
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
48.7
27 1
11.0
10.7
42.2
43.0
21 6
21.4
—.8
10 3
Compensation of employees, total
Wages and salaries, total
Private
Military
Government civilian _.
Supplements to wages and salaries
0
7
8
0
9
2
230 1
216. ()
180 3
8.9
27.4
13 5
48 8
27 6
10 6
10.7
49. 5
28 0
10 8
10.7
49. 3
28.1
10. 3
10. 8
41 9
44 5
22 3
22 2
— 2.6
10 7
43 6
46 8
?3 5
23 3
-3.1
11 2
-2.7
11 (>
3
3
6
1
6
0
do
384 8
392 0
397 3
398 6
Personal consumption expenditures, total do
Durable goods
do
Nondurable goods
do
Services
_
-.do
250 5
35 1
125.3
90.2
255 7
36 9
127 0
91.8
257
34
128
93
2
8
8
6
258 8
33 9
129 9
95.1
. do ...
do
do ..
do
60.1
32 6
23.2
4.3
60. 5
33 2
24.9
2.4
63 2
32 3
25 5
5.3
f>2. 4
31 6
26.8
4.0
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
.0
— .3
.0
74.9
45.2
40 4
29.7
75.8
45.5
40.6
30.2
77.2
46. 3
41 0
31.0
77. 4
45.7
40 8
31.7
do
do
...do
300 5
33.4
267.1
306 1
34.4
271.7
311 5
35 4
276. 0
313 6
36 6
277.0
do
16.6
16.0
18.8
18 2
Gross national product, total
Gross private domestic investment, total
New construction
Producers' durable equipment
-_
Change in business inventories
Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income
Personal saving §
_
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income _..
298.9
301.4
301.6
305. 3
305.3
307.9
308. 7
311.5
314. 3
312 7
313. 3
' 315. 2
317 1
204.6
88.9
53.6
27.2
34.9
207.3
90.6
54.5
27.4
34.8
208.0
90.9
54.9
27.4
34.8
212.4
91.7
55.7
27.8
37.2
211.2
91.5
56.1
27.9
35.7
212.4
92.2
56.4
28.0
35.8
213.3
92 8
56 4
28.2
35.9
215.3
94.0
56 8
28.5
36 0
215. 8
94. 1
56 9
28.7
36 1
216.2
94. 1
57 3
28.6
36.2
216. 3
94 0
57 3
28.7
36 3
r 217. 5
28.9
36. 5
218.7
9", 3
58 1
28. 9
30 4
6.9
49.0
25.9
17.6
6.9
48.8
26.1
17.5
69
48.5
26.3
17.1
7.0
47.9
26.4
16.9
7.0
48.8
26.7
16.9
7. 1
49.7
27.1
16.9
71
49.3
27.4
16.9
7 1
49.7
27.6
17.1
7 2
49. 4
29.9
17.4
7 2
49.2
28.1
17.7
7 2
49 3
28.4
17.8
7 3
M9. 4
28. 7
18.0
7 3
49 6
29. 0
18 2
5.1
5.2
5.2
5.3
5.3
5.3
5.3
5.3
5.4
57
5.7
5.7
5.7
Total nonagricultural income
do
283.7
286.6
287.2
291.7
293.0
296. 6
294.4
298.6
290.8
299.9
r
Revised.
cT1 Includes inventory valuation adjustment.
9 Government sales are not deducted.
§ Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
299.0
- 301. 1
302. 5
bil. of dol
Wage and salary disbursements, total
do__ Commodity-producing industries
.do
Distributive industries
do
Service industries
... _ _ _ . . . . . d o ..
Government
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
bil. of dol- -
r
r
T
94.4
57. 7
S-l
May
SURVEY OF CURRENT BUSINESS
S-2
UnJess otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1956
1955
April
May
June
July
August
Septem- October NoveiD - December
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries
Manufacturing
Durable-goods industries
Nondurable-goods industries
mil. ofdol
do
do
_ - ~ _ _ _ _ do ..
Mining
Railroads
Transportation other than rail
Public utilities
Commercial and other
do
do
do
do
do
Seasonally adjusted quarterly totals at annual rates:
All industries
bil of dol
Manufacturing
Durable-goods industries
Nondurable-goods industries
do
do
do _-
Mining
Railroads
Transportation, other than rail
Public utilities
Commercial and other
do
do
do
do
do
' i 7, 462
7,009
7,449
8,398
2,795
1,278
1,517
2,899
1,378
1,521
3 499
1 718
1,781
235
217
420
1, 052
2,290
248
215
401
1,174
2,512
288
312
421
1,238
2, 640
'396
••936
- 2, 613
27.19
29 65
31 45
' i 32. 82
10.84
5.06
5.78
11 97
5.77
6.20
12 48
6.00
6 48
.99
1 08
1.17
1 70
4.48
10.54
.94
.80
.96
1.60
4 43
9.70
1.62
4.09
8.90
T
2, 958
r 1, 462
- 1, 496
-262
r 297
r
13 45
- 6. 57
-6.88
r
1.13
-1.25
- 1.65
r 4. 56
' 10. 78
FARM INCOME AND MARKETINGS |
Cash receipts from farming, including Government
payments total
mil ofdol
Farm marketings and CCC loans total
do
Crops
do
Livestock and products total 9
do
Dairy products
do
Meat animals
- _ _ do
Poultry and eggs
do
Indexes of cash receipts from marketings arid 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=100Crops. _ _ .
-_
__
__ _ do
Livestock and products
do
2,016
2,020
2,006
2,101
2,467
3,077
3,584
3,297
2,738
2,389
1,839
1,803
2,001
655
1, 346
361
679
279
2,003
617
1,386
389
679
280
1,995
698
1,297
383
615
264
2,091
896
1,195
363
548
264
2,457
1,118
1,339
351
690
285
3,064
1, 691
1,373
331
712
316
3, 569
2,031
1,538
340
842
342
3,276
1,865
1,411
332
712
355
2,709
1,444
1,265
350
563
337
2,350
1,109
1,241
335
627
258
1,812
678
1,134
319
563
232
1,782
532
1, 250
375
592
265
302
232
354
302
218
365
301
247
341
315
317
315
371
395
352
462
598
361
538
717
405
494
659
372
409
510
333
355
392
327
273
240
298
269
188
329
132
82
170
137
75
183
138
96
170
146
133
156
170
166
172
202
237
175
237
287
200
212
234
196
183
187
180
166
156
173
134
102
158
131
76
172
v 1, 900
* 600
P I, 300
INDUSTRIAL PRODUCTION
Federal Reserve Index of Physical Volume
Unadjusted, combined index.
138
138
139
130
139
142
147
145
142
143
144
143
- 144
v 142
do
do
do - do
do
140
155
144
148
166
140
155
143
151
166
141
155
144
147
167
132
146
122
133
127
140
153
132
141
150
144
157
143
150
173
150
164
149
154
171
148
163
149
156
173
143
161
147
154
175
144
160
151
159
172
146
161
152
159
176
145
161
r 152
' 146
- 163
- 151
159
v 143
p 158
p 146
do
do
do
do
do
166
131
152
134
189
165
134
151
135
181
163
135
153
137
184
157
130
142
131
165
162
139
153
131
194
165
142
161
137
207
173
145
169
141
223
174
139
164
141
208
173
137
164
147
197
172
135
167
149
201
172
134
168
152
199
172
134
168
154
-196
' 174
- 136
- 172
p 169
p 135
"167
p 151
v 198
213
223
137
472
144
111
129
146
135
209
205
132
469
142
113
129
149
137
200
184
134
466
149
116
137
155
141
197
195
126
469
147
113
118
149
133
192
166
106
469
150
123
133
158
142
185
130
102
484
155
127
136
158
149
200
153
106
490
158
128
138
161
154
216
212
122
500
159
128
124
157
152
214
193
122
516
161
128
113
153
149
206
173
113
517
160
122
116
150
141
205
164
125
521
161
123
121
150
145
-203
163
130
-513
161
122
- 119
' 153
- 142
- 202
102
131
517
165
119
- 126
- 158
- 141
do
- do _
do
do . _ .
do
. do
do
do
do- _ do
--do
124
101
100
118
94
107
106
99
109
118
79
124
104
102
114
97
113
107
109
108
116
83
127
112
108
114
100
127
117
116
106
110
85
117
111
109
104
100
121
106
92
91
96
73
128
117
118
118
98
114
104
112
108
115
79
130
122
125
129
99
111
102
107
106
111
80
135
124
125
143
100
118
117
114
112
117
85
132
114
118
150
99
102
105
107
111
118
83
125
105
109
152
99
91
88
88
105
110
80
128
102
106
153
95
87
84
107
111
119
83
131
102
104
140
95
96
94
105
115
123
84
130
- 103
102
136
94
- 105
105
105
- 110
' 115
85
- 129
104
103
131
94
do
do
do- _ .
do
do
do _ _
do
do
do
do
117
105
154
148
127
165
182
132
136
147
113
100
153
151
127
165
182
131
135
146
110
105
156
154
127
165
185
136
140
151
95
92
139
135
121
158
176
134
141
121
116
108
155
151
123
163
182
138
143
133
111
107
157
150
131
171
190
136
141
144
117
109
167
158
135
176
192
138
143
155
117
99
159
156
135
178
197
140
148
150
107
102
146
144
130
177
197
141
152
139
117
109
157
158
126
177
200
143
154
148
124
120
162
163
128
180
202
143
151
148
120
112
163
161
- 132
- 179
-201
-142
148
141
1947-49= 100. .
Manufactures
Durable manufactures
Primary metals 9
Steel
Primary nonferrous metals
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery
Electrical machinery
Transportation equipment 9
do
Autos
do
Trucks
do
Aircraft and parts
do
Instruments and related products
_ _ do. _ _
Furniture and fixtures
do
Lumber and products
do
Stone, clav, and glass products
_ __do
Miscellaneous manufactures
do
Nondurable manufactures
Food and beverage manufactures
Food manufactures 9
Meat products
Bakery products
Beverages
_
Alcoholic beverages
Tobacco manufactures
Textile-mill products 9
Cotton and synthetic fabrics
Wool textiles
Apparel and allied products
Leather and products
Paper and allied products
Pulp and paper
Printing and publishing
Chemicals and allied products
Industrial chemicals
Petroleum and coal products
Petroleum refining
Rubber products
r
__
-
-
160
182
r
154
- 207
.183
p
p
P
v
P
165
116
127
159
140
*127
_
108
112
89
114
105
165
- 134
179
200
r
138
142
~~"Vi39
Revised. *> Preliminary. * Estimates for the 2d and 3d quarters of 1956, based on anticipated capital expenditures of business, appear on p. 5 of this issue of the SURVEY.
9 Includes data not shown separately.
t Annual estimates beginning 1910 and monthly data beginning January 1953 for cash receipts, also monthly data beginning January 1953 for indexes of cash receipts and volume of marketings, have been revised to take into account the latest information on production, disposition, arid price. Unpublished revisions (prior to August 1954) will be shown later.
SURVEY OF CUERENT BUSINESS
June 1050
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-3
1956
1955
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume — Con.
Unadjusted index— Continued
Minerals
Coal
Crude oil and natural gas
Metal mining
Stone arid earth minerals
119
72
143
101
128
122
77
139
131
133
121
74
139
141
134
119
77
139
104
135
124
82
141
126
139
126
83
142
141
141
127
88
143
136
139
1°6
87
147
105
135
127
91
151
8-3
129
128
91
153
87
194
136
138
139
139
140
142
143
143
144
do
do
do__
138
i 151
138
140
153
140
141
155
143
141
155
134
142
158
139
144
160
146
145
161
148
145
161
149
do
_ _ do
do _
do
do
162
130
'152
"132
191
163
134
153
134
189
164
135
155
136
192
166
135
158
138
197
168
137
159
140
196
170
141
101
HI
199
173
142
164
143
205
do
do
- do
do
do
_ do
202
143
113
127
146
136
202
142
117
128
149
142
198
149
121
133
153
145
202
151
122
125
152
143
203
153
124
127
155
145
205
155
125
127
155
145
do _ . _
- do__do do
-do
do
126
109
103
107
112
105
127
108
109
106
114
105
128
109
109
107
114
107
126
108
101
106
112
106
125
108
100
107
112
10?
do
do
do
do
do
151
125
163
136
144
156
126
168
134
147
156
128
170
136
149
155
128
170
134
137
do
do
.-do
- do
do
119
72
143
100
129
121
81
139
111
129
122
86
139
117
129
156
147
* 181
167
205
136
109
145
189
102
1947-49=100
do _
do
do
___do-.
127
88
151
T 127
86
r
r 91
199
80
1.50
111
138
p 130
v 8.5
p 149
14-3
P 142
144
160
P 143
" 1.58
» 14,3
r
r 15[
126
91
128
143
143
141
146
161
150
145
160
148
144
158
148
142
r log
r
145
r
14.5
172
139
162
143
198
172
138
163
144
199
170
136
164
146
197
168
134
162
147
19°
' 166
132
162
* 147
191
r
171
135
171
208
156
124
130
153
145
212
158
123
124
156
145
212
159
193
126
154
146
205
160
122
128
154
144
201
161
120
124
155
143
r 197
128
108
100
107
116
104
129
111
105
109
116
105
130
112
104
110
117
101
130
113
107
109
116
108
399
HI
109
108
113
108
130
112
107
109
114
112
r
r
153
128
168
135
138
157
130
173
135
142
156
131
171
137
147
157
130
173
139
147
159
328
175
141
144
1 59
130
173
142
1 17
1 57
129
174
1 43
142
120
87
139
88
130
121
82
141
105
130
123
80
141
119
133
123
80
143
120
131
125
80
147
114
134
129
87
151
131
87
153
121
137
144
137
139
136
146
159
148
160
184
141
113
152
192
106
152
195
115
105
116
143
103
152
166
141
117
127
254
110
145
130
159
124
151
289
115
157
153
162
127
145
315
120
177
212
150
124
131
279
117
165
193
142
125
130
224
111
109
11 u
145
144
150
151
154
152
151
149
1 4"}
1-x
r 13''
192
* 141
110
' 142
226
100
163
190
141
113
142
222
103
160
173
151
117
145
269
106
169
188
155
117
146
290
106
169
189
155
121
143
294
107
172
195
156
123
147
279
111
168
194
148
121
137
259
114
167
196
143
121
134
235
114
103
187
144
191
143
216
114
rr
iia
143
50.9
51.7
52.3
51.9
52.8
53.1
52. 5
53. 2
52.9
26.0
12.8
13.2
26.6
13.3
13 3
27 1
13 5
13 6
26.7
13 5
13 2
27 2
13 7
13 5
27 2
13 7
13 5
26 6
13 3
13 4
27 3
13 7
13 6
53.2
27 3
13 7
13 0
27 0
13 6
13 4
27 2
13 0
13 6
do
._ do._ do
9 6
3.2
6.4
9 7
3.3
6.4
9 7
3.3
6.5
96
3,3
6.3
99
3.4
6.4
10 0
34
6.6
10 1
34
6.7
10 1
3 4
6.6
10 1
3' 4
6.7
10 2
35
6.7
10 4
3 5
0. 9
do
do
do _..
15.3
5.5
9.7
15.4
55
9.9
15 4
56
98
15 5
5 7
98
15 7
58
9 9
15 8
58
10 0
15 8
5 8
10 0
15 8
5 7
10 1
15 8
5 7
10 1
157
5 5
10 2
1" 3
5 4
10 0
Manufacturing and trade inventories, book value, end
of month (adjusted), total.._ bil. of dol -
77.7
78.3
78 8
79 2
79 g
80 0
80 9
81 6
82 1
82 8
83 6
43.3
24.2
19. 1
43.5
24.3
19 2
43 8
24 5
19 3
43 9
24.6
19 4
44 3
24 8
19 5
44 7
25 2
19 5
45 4
25 7
19 7
45 7
26 1
1Q fi
itf.o
45 9
26 3
19 6
46 3
26 6
19 7
46 9
97 f)
19 9
11.7
5.7
5.9
11.8
5.8
6.0
11 8
59
5.9
11 9
6.0
5.9
11 9
60
5.9
12 0
61
59
12 2
6 2
60
12 3
6 3
60
12 3
6 4
59
I9 4
64
60
12 5
6 4
0 0
23.6
11 0
12.6
23.9
11 2
12! 7
24.1
114
12!7
24.2
11 5
Ad justed combined index
do
Manufactures
Durable manufactures
Primary metals
_
-
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery
Electrical machinery
Transportation equipment
Instruments and related products
Furniture and
fixtures
Tvumber and products
Stone, clay, and glass products
Miscellaneous manufactures .
Nondurable manufactures _
Food and neverage manufactures.
Tobncco manufactures
Textile-mill products
\pparel and allied products - Tjcnther and products
Paper and allied products
Printing and publishing Chemicals and allied products
Petroleum and coal products
Rubber products
Minerals
Coal
Crude oil and natural gas
Metal mining
Stone and earth minerals
--
H9
135
r
r
r
r 1.51
r
r
209
104
" 168
P 135
P 109
" 1,50
" 200
" 188
/' 165
f 121
160
120
121
156
141
r
191
p r>3
' 158
142
" 1.59
" 14.5
127
111
107
T
P 129
103
121
T
r
129
112
r l()f,
100
108
105
105
K)»)
1 57
129
174
'• 344
136
1 00
T 131
1 30
SH
1.51
120
138
130
86
'151
119
140
T
144
1 A*}
T 143
1 5Q
r- 173
1 5~"
164
r
r 142
p 142
J99
P J99
80
150
v H9
P 119
143
CONSUMER DURABLES OUTPUT
Unadjusted total output
1947-49=100
Major consumer durables
\utos
M'ajor household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables _ _ -
do
-- -- --do
do
do
do
do
..do
\djusted total output
do
Major consumer durables
Autos
Major household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables
-
do
do
do do_ do
-do
do
223
' 146
111
* 152
228
99
r
145
' 164
1 50
120
148
123
O'Ul
146
' ?0
157
163
155
121
168
°1 S
108
141
p !'">()
154
102
j> 134
p 198
v 149
T 1 5()
117
9()()
r JO!)
i> 109
,. 1 32
;> ]9jJ
r | |9
1 4'?
r } 1j
r 145
117
1 49
1 10
1SG
907
T
T j()q
r
°07
1 10
;> ] 33
'' 1 1 ( )
p ||5
- -p [ ]Q
BUSINESS SALES AND INVENTORIES §
Manufacturing and trade sales (adj.), total.. bil. of dol..
Manufacturing, total..
..
Durable-goods industries
_
Nondurable-goods industries .
Wholesale trade total
Durable-goods establishments.
Nondurable -goods establishments
Retail trade, total
Durable-goods stores
Nondurable-goods stores
__ _
Manufacturing, total
Durable-goods industries.. Nondurable-goods industries
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments
-. -.-do
do
do
__do
do
do
do_. _
do
do
Retail trade, total
do
22.8
23.0
23.4
23.2
23.3
23.2
23.3
Durable-goods stores
do
10.5
10.8
10.8
10 8
10 8
10 7
10 7
Nondurable-goods stores
._
do
12.2
12.3
12.4
12.5
12.5
12! 5
12.' 6
r
J
Revised.
p Preliminary.
Revision for March 1955, 148.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data
data for manufacturing are shown on p. S-4; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
12'. 7
.rv5 1
f>:j 2
27 1
27 3
13 5
138
3 5
0.8
3 0
(i. 8
10 3
10 °
15 5
84 4
}'' j
47 9
9/1 ' O
9(\ 2
6 1
fi ^
0 1
23.8
H o
12. }
23. 8
11 1
12.7
for all types of producers, both farm and nonfarm. Unadjustod
SUEVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
1
Sales value (unadjusted), total
mil, ofdol \ 26, 296
Durable-o'oods industries total
do
13 300
Primary metal
do
i 2 178
Fabricated metal
do
1, 278
Machinery (including electrical)
do
3,326
Transportation equipment (including motor
vehicles)
mil o f d o l
3, 805
1,100
Lumber and furniture
do
643
Stone clav and glass
do
Other durable-goods industries
do
970
Nondurable-goods industries, total
Food and beverage
Tobacco
Textile
- Paper
Chemical
Potr oleum and coal
Rubber
Other nondurable-^oods industries
do
do
do
do.
do
do
do
do
do
Sales value (adjusted) total
do
Durable-goods industries, total
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil. of dol
Lumber and furniture- .- -- ...do....
Stone clav, and glass
do
Other durable-goods industries
do
Nondurable-goods industries, total
Food and beverage
Tobacco
Textile
Piper
Chemical
Petroleum and coal
Rubber
Other nondurable-goods industries
do
do
do . .
do
do
do
do
do
do
Inventories, end of month:
Book value (unadjusted), total
do
Durable-goods industries, total
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil of dol
Lumber and furniture
do
Stone clay and glass
do
Other durable-cfoods industries
do
By stages of fabrication:
Purchased materials
bil.
of
dol
p
("foods in process
do
Finished goods
do
Nondurable-g^ods industries, total
mil. of dol
Food and beverage
do
Tobacco
do
Textile
do _
Paper
..
do
Chemical
do
Petroleum and coal
do _
Rubber
do
Other nondurable-good^ industries
do
By stages of fabrication:
Purchased materials
bil of dol
Finished goods
_.
do
Inventories, end of month:
Book vMuo (adjusted), total
mil. of dol
Durable-goods industries, total
do
Primarv met'il
do
Fabricated metal
do
Mnchinerv (including electrical) _ - _ . _ .do
Transportation equipment (including motor
vehicle^)
mil, of dol
Lumber and furniture
do
Stone clay, and glass
- do
Other durable-goods industries
do
By stages of fabrication:
Purchased materials
bil. of dol
Goods in process
do _
Finished goods
-- do
Nondurable-goods industries, total
rn'l. of dol
Food and beverage
do
Tobacco
do
Textile
do
Paper
do. .
Chemical
do
Petroleum and coal
do _
Rubber
-. do_. _
Other nondurable-goods industries
do
By stages of fabrication:
Purchased materials
bil. of dol
Goods in Drocess
do
Finished goods
do
r
Revised.
27, 403
26, 536 * 28, 505
13 920
13 301 ••14 290
2 393 ' 2 607 2, 505
1,410
1,342
»• 1,427
3 652 '3 949 3, 868
26 325
13 390
2 241
1, 259
3 382
27 394
13 974
2* 349
1 397
3 682
24 644
12 114
1 875
1 294
3 036
27 411
13 494
2 223
1 585
3 332
27 596
13 502
2' 353
1 536
3 535
27 830
13 656
2 369
1 548
3 577
27 292
13 723
2 390
1 381
3 473
26 967
13 716
2 433
1,306
3 777
26 363
13 112
2 428
1, 343
3 503
3 732
1 136
672
968
3 529
1 244
716
1 057
3 342
1 034
631
902
3 142
1 344
744
1 124
2 956
1 285
730
1 107
3 087
1 188
738
1 149
3 633
1 133
668
1 045
3 529
1 045
613
1 013
3 166
1, 050
560
1 062
3 169
1,101
602
1 042
»-3 313
12, 996
4 045
300
1.072
803
2. 006
2, 238
459
2 073
12 935
4 176
343
1 043
824
1 979
13 420
4 377
343
1 148
844
1 955
2, 338
488
1 927
12 530
4 148
316
952
776
1 753
13 917
4 392
360
1 187
883
1 984
470
9 259
14 174
4 352
320
1 246
921
2 040
2, 362
483
2 450
13 569
4 084
334
1 221
886
1 919
2, 454
443
2 298
13 251
4 016
327
1, 115
838
1, 801
2, 695
447
2 012
13 251
3 962
306
1 078
883
1 977
2, 549
425
2 071
13 235
3 977
304
1,090
877
1 887
2, 440
423
2 237
r 14, 215
453
1 856
14 094
4 419
338
1 244
879
2 058
2. 346
451
2 359
26 025
12 805
2 133
1,278
3 193
26
13
9
1
3
97
13
2
1
3
HI
527
315
383
547
26 731
13 503
2 138
1 407
3 475
97 229
13* 745
2' 28 5
I 510
3 484
27 224
13 692
2 394
1 436
3 474
95 637
13 261
2 3249
1 38
3 47°
27 343
13 721
2 393
1 395
3 553
27 289
13 688
9 341
1 375
3 648
27 023
13 595
2 369
1 399
3' 691
r
27, 095
27 224
13 593 r 13, 294
T 2 444
2 457
1 413 rr 1, 385
3 630
3 647
2,229
460
1 881
651
322
213
325
410
2,276
2.382
r 1, 190
r 696
T
1 108
r
4 229
313
* 1, 168
'938
* 2, 059
' 2, 618
460
r
2, 430
3,248
1,146
701
1 042 1
13, 483
4,067
320
1, 061
893
2, 059
2,437
2,181
27,266
13, 492
2, 454
1, 410
3,731
2,991
1,113
708
1,085
3, 546
1,048
637
970
3, 609
1,125
652
988
3, 329
1, 208
688
1 057
3, 615
1.198
657
1 013
3 413
1,280
682
1 091
3 438
1, 236
670
1 044
3 252
1 131
665
1 035
3 576
1 144
655
1 005
3 460
1,124
674
1 066
3 194
1.141
659
1 142
13, 220
4, 246
326
1, 117
787
1,912
13 584
4 329
318
1, 148
844
1, 985
2 386
465
2,109
13 228
4 223
316
1, 133
834
1,844
2 299
471
2,108
13 484
4 291
330
1 109
874
2 001
2 382
' 456
2,041
13 532
4 249
319
1 131
870
2 010
2 346
456
2,151
13,376
13 629
445
2, 103
13 329
4, 189
336
1, 172
841
1 , 961
2 346
465
2,019
13 601
4 095
337
1, 126
873
1, 959
2 495
465
2, 251
13 428
4 066
329
1 100
866
1 931
9 475
415
13,774
13 631 T 13, 801
4,274
r 4, 284
4' 180
323
348
338
1,129
1 124 r 1, 123
875
' 893
904
1 940 ' 1, 939 1, 978
' 2, 567 2, 512
2 515
451
445
2,207
r 2, 221
2, 185
43, 344
24. 352
3 126
2 546
7, 955
43, 649
24, 539
3 134
i 601
8 029
43, 976
24, 755
3 116
2 716
43. 945
24. 618
3, 281
2, 594
7,983
44 266
24. 901
3 379
2 674
7 996
44, 959
25, 377
3 512
2 617
8, 093
45 317
25, 670
3 600
8,078
43 855
24, 574
3 201
2 656
8 009
8 232
46 123
26, 235
3 603
2 658
8 412
46 704
26, 726
3 576
2 718
8 700
47 ?27 »•r 47, 674
27, 592
27, 149
3 524
3 564
2 935
2 803
9,222
8 960
48, 177
27, 985
3 546
2, 983
9, 416
5 922
1 736
915
2,152
5 995
1 752
915
2,183
5 998
1 747
906
2, 194
5 865
1 773
906
2,164
5, 953
1, 759
896
2, 152
6 066
1 777
887
2,122
6 346
1 806
900
2,103
6 388
1 806
901
2 094
6 624
1 855
956
2,127
6 749
1 871
985
9 ]27
6 860
1 783
1 015
2, 164
6 875
1, 792
1,040
6 917
1.842
1,056
2, 225
6 2
10.0
8 2
6 3
10.0
8 3
6 5
10.1
8 2
6 6
10.0
7 9
6.8
10.0
7.8
7 0
10.2
7 7
7 1
10.5
7 8
7 1
10 6
80
71
10.8
8 3
7 2
11 0
8 5
7 3
11 2
8 7
18,992
19,110
19 281
4 221
1 722
19 582
4 656
I 777
2 349
1, 028
3, 101
2 880
848
2 943
19 888
4 584
1 867
811
3, 163
19 365
4 475
1 728
2 373
1,016
3, 063
2. 815
830
3 065
19 647
4 661
l' 797
824
3, 063
19, 221
4 108
1,764
2. 450
1,034
3. 053
2, 686
875
3, 251
19, 327
4 145
1,805
?•, 444
1,038
2, 993
2, 670
842
3,173
1 031
3 142
2 8?3
888
2 928
1,063
3, 280
2, 758
943
2, 971
19 978
4 502
1 938
2 460
1 080
3 300
2 699
963
3 036
9Q 078
4 434
1 924
2 477
1 115
3 377
2 737
999
3 015
7.7
2 9
8.4
7 6
2 9
8.5
7.6
2.9
8.7
7 6
2 9
8.7
7.6
3.0
8.7
7 7
30
8.6
7 9
30
8.7
8 2
2 q
8 5
8 4
2 9
8.6
8 4
30
8 6
43, 264
24, 159
3 266
2, 496
7,816
43, 549
24, 304
3 236
2. ,501
7,919
43, 779
24, 457
3, 1«8
2, 587
7, 905
43 938
24 563
3 197
44. 315
24, 768
3 259
2, 620
8. 069
44 703
25 182
3 305
2, 757
8,110
45, 356
25, 659
3, 426
45, 669
26, 050
3 491
45, 923
26 317
3 494
2, 740
46, 299
26, 590 i
3,519 i
2,718
5, 864
1,719
888
2, 110
5, 876
1,735
897
2,140
5,961
1,747
897
2,172
5 905
1,755
906
2, 186
5,990
1,742
914
2,174
6 136
1,795
914
2 165
6,331
1,843
947
2,146
6, 475
1,843
948
2,137
6.5
9.9
7.8
6.5
10.0
7.9
6.6
10.0
7.9
6.6
10.1
7.8
6.7
10.1
8.0
6.9
10.2
8.0
7.0
10.5
8.2
19, 105
19, 245
4, 391
1,842
2, 396
1,038
2, 995
19, 322
4, 344
1,857
19 375
4, 358
1 832
2 398
1.063
3 039
2, 753
853
19, 547
19 521
19, 697
2,787
2,824
3,079
1,078
3, 112
2, 755
863
3,102
3,094
3,079
3,063
7.8
2.9
8.6
7.9
3.0
8.6
7.9
3.0
8.6
8.0
3.0
8.7
8.1
3.1
8.4
2,284
1 228
1 , »57
2, 404
1 . 044
2, 967
2. f>05
4.400
1 839
2,380
1,034
2. 943
2, 658
784
2,670
2,426
1, 034
3,024
2,713
850
3,067
810
3,103
3,074
7.7
2.8
8.6
7.8
2.9
8.5
7.8
2.9
8.6
2,422
1, 052
3 051
2, 753
827
3 233
2,604
8,010
4,348
1,719
2.410
I, 046
3,047
2,783
4,374
1,829
2,434
4.392
1 763
2,397
1, 026
3 188
874
4, 104
327
1,112
877
1,939
2, 339
447
2,231
2,726
8,240
4,497
1,759
2.397
1,049
3,190
902
4*047
'327
1 197
886
9 014
2 479
482
2, 190
9 f>4Q
2,246
3 137
1,147
684
1 108
r 3, 021
' 1, 102
' 676
r 1,036
2,204
r
7.4
11.4
88
7. 4
11.6
9. 0
20, 082
4 323
1,926
2, 506
1, 139
3, 406
2,729
20, 192
4 293
1,887
2, 546
1,143
3, 436
2, 783
3, 035
3, 076
8 4
3 0
8.7
H. 4
30
8.7
8 3
31
8.8
r 47, 433
* 27 432
Tr 3 677
2, 877
* 9, 094
47, 927
27, 722
3 698
8,678
46, 897
27, 009
3, 570
2, 803
8, 939
6, 603
1, 837
956
2,193
6,711
1,871
966
2,127
6,816
1.783
976
2,122
6.9
10.8
8.3
7.0
10.9
8.4
7.1
10.9
8.5
7,3
11.1
8.6
19,619
19, 606
19, 709
1,795
2. 471
1,052
3,199
2,731
934
1,828
2, 485
1,069
19, 888
4, 361
1,832
3,042
935
3,018
3,033
8.2
2.9
8.5
8.2
2.9
8.6
8.2
3.0
8.7
2*377
2,759
8,397
4, 450
1,779
2, 426
1,041
3,157
2,768
935
2,422
8,494
4,382
4,372
3,248
2,754
2,477
1,083
3,339
2,793
970
r
r
r
r
r
1,018
6, 800
1, 792
r 1,010
r
2, 182
7.5
6,820
1,824
1,025
2,181
8.7
7.7
11.4
8.7
11.2
r
2,924
9, 250
20,001
20, 205
"• 4, 391
1 870
' 2, 457
>• 1,117
r 3, 361
4,437
2,496
' 2, 785
979
r
3, 041
2,811
r
8.2
2.9
8.9
1 868
1,132
3,409
3,073
8.2
3.0
9.0
May
SURVEY OF CURRENT BUSINESS
.Time 1050
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-5
1955
April
May
June
July
1956
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
27, 076 ' 28, 593 27, 341
13, 931 ' 14, 557 13, 962
2, 682
2,613
2,217
1,444
1, 538
1, 573
4, 162
3,908
4,192
26, 043
13, 132
2,504
1 218
3,345
26, 708
13, 713
2 513
1 298
3 321
28, 314
14, 571
2 328
1 640
3 929
26, 100
13, 347
2,316
1 445
3 639
28, 443
14, 580
2, 559
1 686
3 698
28, 744
14, 766
2,406
1 617
4,029
28, 213
14,061
2,302
1 540
3,882
27, 726
14, 026
2 613
1 412
3 682
28, 684
15, 478
2, 629
1,430
4,268
27, 468
14,307
2,482
1,328
3,866
3,337
2,728
3,768
2,813
3,548
3,126
3,234
2,713
3,191
3,446
3,733
2,981
3,434
2,903
3,726
2 593
4,634
2, 517
3,730
2,901
do _.
do
do
12,911
10, 023
12,995
2, 957
10, 038
13, 743
3,403
10 340
12, 753
3,010
9,743
13, 863
3, 159
10, 704
13, 978
3, 195
10 783
14, 152
3,309
10 843
13 700
3 296
10 404
13, 206
2, 965
10, 241
13, 161
2, 944
10, 217
13, 145 ' 14, 036
13, 379
3,011
' 3, 134
2, 971
10, 134 ' 10, 902 10, 408
New orders net (adjusted), total
do
Durable-goods industries, total.
do_ __
Primary metal
do
Fabricated metal
do
Machinery (including electrical)-.. ._ - . do
Transportation equipment (including motor vehicles)
mil. of dol
Other durable-goods industries
do
26, 116
12, 879
2, 385
1,194
3,179
27, 720
14, 331
2, 538
1,366
3,531
27, 795
14, 033
2 477
1,562
3,734
27, 044
13, 571
2 339
1, 445
3,656
28, 718
15, 145
2 611
1,606
3,833
28, 301
14, 936
2 532
1,525
4, 165
27 466
14, 094
2 373
1 540
3,929
28 315
14 680
2 751
1 569
4 006
29, 295
15, 605
2 528
1,589
4,118
28, 074
14, 683
2, 387
1,398
3,806
27, 627 ' 26, 912 27, 416
14, 107 '13,337
13, 679
2, 737 ' 2, 333 2, 111
1, 520 ' 1,373
1, 542
3, 953 ' 3, 877 3, 986
3,337
2,784
3 966
2,930
3 225
3,035
3 334
2 797
3 844
3,251
3 733
2 981
3 434
2 818
3 653
2 701
4,634
2,736
4,191
2,901
13, 237
3,008
10, 229
13, 389
3,146
10, 243
13, 762
3,336
10, 426
13, 473
3, 382
10 091
13, 573
3,191
10 382
13 365
2,958
10 407
13 372
3, 036
10 336
13, 635
3,139
10, 496
13, 690
3,188
10, 502
47, 978
45, 106
5,605
3,327
13, 550
18, 324
48, 361
45, 429
5,877
3,366
13, 489
18, 360
49, 321
46, 066
5,856
3,609
13, 736
18, 419
50, 777
47 299
6 297
3 760
14 339
18, 311
51, 809
48 385
6 633
3 861
14 705
18 360
52, 957
49 649
6 686
3 042
15 199
19, 137
53
50
6
3
15
19
53, 774
50 357
6 842
3 965
15 713
19, 577
New orders, net (unadjusted), total
mil. of doL.
Durable-goods industries, total, _.
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
-_
do
Transportation equipment (including motor vehicles)
-iril. of doL.
Other durable-goods industries do
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders ^
._.
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders 1
do
do ...
_.do
Unfilled orders, end of month (unadj,), total _ _ d o
Durable-goods industries, total
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical) .
. _do
Transportation equipment (including motor vehicles)
mil. of dol
Other industries, including ordnance
do
2 888
340
054
619
934
504
484
3,011
2,886
3,011
2,886
3,173
3,071
3,043
2, 937
'T 2, 884
2, 870
3,043
2,997
13, 391
3, 066
10, 325
13, 520 ' 13, 575
3, 041 ' 2, 929
10, 479 ' 10, 646
13, 737
3, 095
10, 642
55, 491
52 119
7,038
4 089
16 204
20, 6S2
56, 596
53 314
7, 092
4 074
16, 567
21, 246
57, 136 ' 57, 224
53, 944 ' r54, 211
7,381 r 7, 387
4, 176
4 287
16, 823 T 17, 036
21,088 ' 20, 948
57,162
54 253
7,099
4 450
17 360
20, 743
4,300
4,337
4,446
4,592
4,826
4,685
4 513
4,260
4, 106
4, 335
4, 476
' 4, 553
4,601
do
2,872
2, 932
3,255
3 478
3 424
3 308
3 286
3 417
3 372
3 282
3 192
' 3 013
2 909
number..
11, 756
12, 029
12, 605
10, 893
10, 983
11, 024
10 698
10, 157
11, 539
13, 363
12, 503
12, 822
12, 475
number. _
903
955
914
861
888
822
919
945
908
1,048
1,024
1,170
985
do
do
do
do
do
66
106
154
484
93
80
121
168
499
87
75
114
200
446
79
68
102
179
423
89
59
134
158
430
107
75
114
168
366
99
81
136
180
437
85
70
133
196
462
84
73
136
191
404
104
72
126
209
535
106
62
141
202
511
108
102
150
224
572
122
91
153
186
463
92
35, 968
34, 714
36, 667
32, 543
36, 028
33, 120
34, 777
42, 783
41 643
42, 890
49 189
42 622
41 871
2,229
6,450
12, 653
10, 765
3,871
1,998
4, 885
14, 093
10, 874
2,864
5,259
4,702
13, 888
9,564
3,254
1,502
6,289
11,865
8 605
4,282
1,987
9 663
10, 102
10 024
4, 252
2, 666
4 256
10, 798
8 253
7,147
3,655
8 713
10 407
9 086
2 416
1,239
9 744
14 106
12 626
5 068
1 106
7 341
ll' 554
10 775
10* 867
2,974
6 163
14 442
14 936
4 375
1 920
9 881
17 647
14 693
5 048
2 015
7 089
15 649
12 430
5 439
2
6
17
10
4
Nondurable-goods industries, total 9
BUSINESS INCORPORATIONS a1
New incorporations (48 States)
INDUSTRIAL AND COMMERCIAL FAILURES d"
Failures, total
Commercial service
Construction
Manufacturing and mining
Retail tradp
Wholesale ti^it:
.
Liabilities (current), total
.
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
.
thous. of dol_-
.. - --
- do
do
do
do
do
900
967
142
772
090
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products |
1910-14—100-
••246
r242
'241
'236
'232
235
••229
'224
'222
226
'227
'228
' 235
242
_ do. -.
do
do
do
do
••251
270
270
197
236
>-249
' 243
228
r 263
'220
266
196
232
' 236
'206
271
190
222
229
'224
285
174
217
'222
'208
278
167
220
224
231
274
164
220
'226
'217
264
170
221
231
'248
259
171
220
'233
'264
262
173
220
' 236
'258
267
174
223
' 245
' 260
275
185
229
252
272
27()9
19
220
r 236
' 212
225
129
427
r igg
227
' 127
443
r 208
225
236
161
459
212
239
211
245
196
453
218
253
234
453
233
265
283
454
240
257
r 249
' 235
264
219
221
r 266
r 261
920
- 957
r 203
227
246
237
180
226
233
247
251
178
231
Crops
_.
Commercial vegetables, fresh market
Cotton
-Feed grains and hay
Food grains
.
Fruit
Oil-bearing crops.
Potatoes §
Tobacco
...
Livestock and products....
Dairy products
Meat animals
Poultry and eggs
Wool
._..- ---
do
... .. do do
do
__
do
do
do
do
..do
Prices paid:
All commodities and services. do
Family living items
do
Production items
do
All commodities and services, interest, taxes, and
wage rates.. ...
1910-14=100
r
216
261
291
437
r 241
T
241
266
266
200
240
'208
277
178
214
209
259
r 240
r 278
r 212
r 171
r 145
436
435
435
r 436
240
236
271
177
' 236
242
r 179
' 249
' 236
249
251
191
240
r 234
195
' 225
' 224
267
' 214
r 194
'223
r
235
236
260
256
r
r
r
r
257
r 259
r 208
246
r 239
r 186
r
r 176
258
r 253
265
274
254
263
274
251
263
274
250
262
274
248
260
273
247
259
272
246
261
274
246
284
282
282
281
279
279
280
267
r
T 194
228
r 140
438
232
' 143
455
175
452
201
204
207
205
r 217
r 220
188
226
221
250
221
187
224
259
273
244
259
273
243
259
272
246
259
272
245
261
274
246
261
274
248
264
278
250
279
278
281
280
282
284
286
215
81
r81
f 83
85
80
sn
rRfi
r 85
84
84
82
rsn
Paritv ratio
ffi
do
187
r 83
' Revised.
* Revisions: January 1954, 91; August 1954, 88; March 1955, 85.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
J For these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
o" Data are from Dun and Bradstreet, Inc.
t Data for the period January 1953-March 1956 have been revised to incorporate the latest revisions in the price series for individual commodities; revisions prior to April 1955 will be shown
later.
§ Includes sweetpotat9es and dry edible beans.
® Ratio of prices received to prices paid (including interest, taxes, and wage rates).
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1956
1955
April
May
June
July
October Novem- DecemAugust September
ber
ber
January
February
March
April
May
COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
_ _ _. .
1935-39—100
Consumer price index (U. S. Department of Labor):
All items
1947-49—100
Apparel
do
Food?
do
Dairy products
do
Fruits and vegetables
do
Meats, poultry, and fish
do
Housing 9
do
Gas and electricity
do
Housefurnishings
do
Rent
do
Medical care
do
Personal care
do
Reading and recreation
do
Transportation
do
Other goods and services
do
WHOLESALE PRICES d"
(U. S. Department of Labor indexes)
All commodities
1947-49—100
Economic sector:*
Crude materials for further processing
do
Intermediate materials, supplies, and components
1947-49=100.Finished goods© - - ~ .. - .-.
_
do
Farm products 9
---do. __
Fruits and vegetables, fresh and dried
do
Grains..- _
..
._. do. Livestock and live poultry
do
Foods, processed 9
do
Cereal and bakery products..
_ _ _ . _ do Dairv products and ice cream
do
Fruits and vegetables, canned and frozen
do
Meats, poultry, and
fish
do
Commodities other than farm products and
foods
1947-49 = 100
Chemicals and allied products 9- _~
. do
Chemicals, industrial.-_ ._ _.do
Drugs and Pharmaceuticals § ,
do
Fats and oils, inedible
_ . _ -._ do.
Fertilizer materials
do
Prepared paint _
_
do
Fuel, power, and lighting materials9
do
Coal
do
Electricity
do _
Gas
do
Petroleum and products
__
_
do
Furniture other household durables 9
do
Appliances, household
_ . do
Furniture household
do
Radio receivers and phonographs
_ do
Television receivers
do
Hides, skins, and leather products 9
--- do
Footwear
do
Hides and skins
do
Leather
do
Lumber and wood products
do
Lumber
do
Machinery and motive products?
do
Agricultural machinery and equip .
_ do
Construction machinery and equip
do
Electrical machinery and equipment
do
Motor vehicles - - - . _ - - . _ _ . _ _ d o
Metals and metal products 9
- do
Heating equipment
do
Iron and steel
__
do- _
Nonferrous metals
do
Nonmetallic minerals, structural 9
do
Clay products
_
_ _.
_ do_Concrete products
do.__
Gypsum products
do
Pulp, paper, and allied products.
do
Paper
do
Rubber and products
do
Tires and tubes
do
Textile products and apparel 9
do
Apparel
___..
__
__ do_ _
Cotton products
do
Silk products
_ _ .
_ _ do
Synthetic textiles
_ - . do...
Wool products
do
Tobacco mfs. and bottled beverages 9 do
Beverages alcoholic
do
Cigarettes
_.
- - _
.-do. _
Miscellaneous
_
..do.- _
Tovs. SDortinsr goods
do
r
Revised.
1 Index ba?r 1 on 1935-39=100 is 192.1.
9 Includes data not sho\\u separately.
cfFor actual
later.
©Goods to users, including raw foods and fuels.
subgroup.
207.9
207.7
207.8
208 6
208 1
208 9
208 7
208 2
208 1
207 6
207 7
208 2
208.8
114 2
103.1
111.2
104 6
117.5
103. 0
119 5
110.3
104 5
129.9
127.3
113 7
106.6
125 3
119.8
114 2
103 3
111 1
104 0
120 2
102 1
119 4
110 9
103 7
130 3
127 5
113 9
106 5
125 5
119 9
114 4
103 2
111.3
104 1
119 5
103. 8
119 7
110 7
103 8
130 4
127.6
114 7
106 2
125 8
119 9
114 7
103 2
112 1
104 7
121 9
103 7
119 9
110 8
103 6
130 4
127 9
115 5
106' 3
125 4
120 3
114 5
103 4
111 2
105 7
111 3
102 9
120 0
110 8
103 2
130 5
128 0
115 8
106 3
125 4
120 4
114 9
104 6
111 6
106 5
110 2
103 5
120 4
111 2
103 6
130 5
128 2
116 6
106 7
1°5 3
120 6
114
104
110
107
108
100
120
111
104
130
128
117
106
126
120
9
6
8
5
5
9
8
2
4
8
7
0
7
6
6
115 0
104 7
109 8
107 8
109 0
97 1
120 9
111 5
104 5
130 9
1°9 8
117 5
106 8
128 5
1°0 6
114 7
104 7
109 5
107 7
110 7
94 6
120 8
111 5
103 4
131 1
130 2
117 9
106 8
127 3
120 6
114 6
104 1
109 2
107 3
112 6
93 3
120 6
111 7
102 0
131 4
130 7
118 5
107 3
126 8
120 8
114 6
104 6
108 8
107 3
113 3
93 6
120 7
111 7
102 5
131 5
130 9
118 9
107 5
196 9
120 9
114 7
104 8
109.0
106 9
114.8
92.8
120 7
111. 7
103 1
131.6
131.4
119 2
107.7
126 7
121.2
i 114 9
104 8
109 6
106 4
116 7
94.0
120 8
111.8
102 7
131.7
131.6
119 5
108.2
126 4
121.4
110 5
109 9
110 3
110 5
110 9
111 7
111 6
111 2
111 3
111 9
112 4
112 8
r
113.6
' 95, 4
97.3
94.7
96.2
95.1
93.8
94.9
93.2
89 9
89.9
91.5
93.3
93.4
115.7
110. 6
94.2
120.9
91.0
84.0
102.5
116.8
106. 9
104.7
86.0
115.7
110.2
91.2
118.7
92.4
78.4
102.1
118.3
104.0
104.1
85.7
115.7
110.6
91.8
104.7
90.3
83.1
103.9
117.6
104.6
104. 5
91.4
116.8
110. 5
89.5
98.7
86.7
79.4
103.1
117.6
106. 0
104.6
88.5
117.6
110.9
88.1
99.5
78.6
75 5
101.9
115. 1
107.8
105.0
86.3
118.6
111.5
89.3
102.1
81.4
75.5
101.5
114.4
104. 3
106.8
87.5
119.1
111.3
86.8
92.9
82.4
71.8
100.2
114.8
105. 0
107.4
81.6
119.1
111.6
84 1
102.6
79 8
62 2
98.8
115.1
105 9
107.7
77 8
119.4
111.5
82,9
95.6
82.7
59.3
98.2
115.2
107.2
107.9
75.3
120.0
111.8
84.1
105. 0
81.5
63.0
98.3
115.1
106. 1
108.1
75.7
120.3
112.0
86.0
98.2
82.9
67.7
99.0
115.4
106. 1
108. 9
76.1
121.0
112.3
86.6
106. 5
84.5
67.5
99.2
115.4
106. 1
108.6
74.6
* 121.7
'112.7
88.0
101.8
89. 5
70.8
115.7
107. 1
118.0
93.2
55.2
113.5
114.8
107.4
102.3
97.8
113.1
111.5
115.1
107.3
112.8
94.7
68.8
93.2
111.5
56. 9
83.6
122.4
122.9
126.3
121. 5
134.1
126. 4
121.9
1°2 9
H3.6
136.4
138, 3
122.3
136. 8
118.2
122.1
117.4
128.0
138.3
142.3
95.0
98.0
90.4
122.8
*7.2
106.0
121.6
114.7
124.0
94.0
113.2
115. 5
106.8
117.6
93.2
53.2
113.1
114.8
107.0
100.4
97.8
111.0
111.5
115.1
106. £
113.1
94.7
69.0
92.9
111.4
53.3
85.0
123. 5
124.2
126.7
121. 5
134.3
126.5
122.0
132.5
113.5
135.6
137. 8
123.2
137.0
118. 2
122.1
117. 7
128.9
138.0
142.3
95. 0
98.0
90.3
123.2
86.9
106.1
121.6
114.7
124.0
91.3
113.2
115.6
106. 8
117.8
93.0
53.8
111.0
114.8
106.8
100.6
97.2
110.4
111.5
115.2
106. 4
112.9
94.7
68.8
92.9
111.4
55. 7
83.8
123. 7
124.7
127.1
121. 5
134. 7
126. 5
122.0
132. 6
113.5
135.8
137.8
123.7
137.3
118.3
122.1
118.3
129.2
140.3
142.3
95.2
98.6
90.6
124.0
86.6
105. 5
121.6
114.7
124. 0
89.1
113.2
116.5
106.0
118.2
92.8
55.9
111.7
114.8
106.4
101.5
96.1
108.9
111.6
115.5
106.5
113.1
94.0
68.9
93.7
111.4
58.2
85.1
124.1
125. 1
127. 5
121, 5
134.7
126. 7
122.0
136. 7
113.6
143.1
139.5
125. 3
141. 3
118.3
122.1
119.0
130. 7
143.4
142.3
95.3
98.6
91.0
126.8
86.8
105.0
121.6
114.7
124.0
90.8
113.1
117. 5
105. 9
118.1
92.4
54.6
112. 1
114.8
107.2
102.2
96.6
106.8
113.0
116.0
106. 6
114.3
89.2
68.9
93.8
111.4
58.9
85.0
125.1
126.4
128.5
122.4
138. 2
127.7
122.0
139. 5
116.0
144.9
145. 0
126.1
142.9
118.6
122.1
119.7
130.5
148.7
147.2
95.3
98.6
91.7
128.7
86.7
103.9
121.7
114.7
124.0
89.8
113.4
118 5
106. 0
118.2
92.4
55.8
112.0
114.8
108.0
108.1
95. 5
107.8
114.0
116. 4
106. 2
115.2
89.4
69.3
94.0
111.4
60.9
85.1
125. 7
127.1
130.0
126. 3
140. 5
130.6
122.0
141.9
117.2
145.0
154.2
126.4
143. 9
119.8
122.1
120.5
131.0
151.7
147.2
95.4
98.6
92.5
126. 8
86.7
103.0
121.7
114.7
124.0
90.3
113.6
119.0
106. 5
118.9
92.3
58.2
112.3
115. 0
108.0
108.7
94.3
109.3
114.2
116. 9
106.1
115. 6
89.5
69.5
95.3
113. 5
62.3
86.1
125. 4
126. 8
131.4
126.7
142.1
130. 7
124.7
142.4
117.3
145.7
153. 9
126.8
144.3
120. 2
122.1
122.8
131.2
147.8
147.2
95.4
98.7
92.8
123. 7
86.1
102.8
121.7
114.7
124.0
91.5
113.8
119 4
106 6
119 3
92.3
57.6
112 3
115 0
108.6
109 0
94.3
119.8
106. 6
119.4
92.3
56.6
112.3
115.8
109. 3
109.4
93.8
115. 5
115.6
117.3
105. 8
116.5
89.8
69.7
96.7
115.4
61.1
88.4
125.1
126.4
133.0
126.5
143.1
132. 1
126.7
143.9
117. 1
147. 2
155.8
125.4
144. 6
120.2
122.1
123. 6
132.6
151.0
151 8
95 6
99.1
93 7
120. 6
84.8
102.8
121.7
114.7
124.0
88.8
115.0
120 4
106.3
120.0
92. 6
55. 6
113 1
117.0
111.0
109 9
94.3
121 1
117.2
118 0
105. 6
117 4
89. 7
69 7
96.7
115 7
56. 6
89.5
126. 3
127.6
133.3
126.8
143.2
132. 4
126. 7
145. 1
117.3
149.4
156. 6
127. 0
145.3
121.1
1 27. 1
124.8
134 6
148 4
151 8
95 7
99.5
93 8
120. 5
84.2
102.6
121.7
114.7
124.0
89.6
115.8
120.6
106. 4
119.9
92.0
54. 4
113.0
119.1
111.2
109. 9
94. 3
122.0
117. 5
118.2
105.7
117.3
89.7
69.9
97.1
115.8
58. 2
89.9
126. 7
128.2
133. 9
126. 8
143.5
133.2
127.5
145.1
117.1
149.1
157. 1
127.1
145.6
121.1
127.1
125.4
135 0
147 1
151 8
96 0
99 5
94 3
119 5
84.8
102 7
121.7
114 7
124.0
88.7
115.8
121.0
106.5
120.0
91.9
55.0
112.8
119.1
110.9
110.1
94.3
' 122. 7
116.8
118.1
105.3
117.5
89. 7
69. 9
97 7
110.5
58.3
90.9
128.0
129.9
134.7
126. 1
143. 5
133. 6
129.0
146. 5
117.1
149. 4
102. 0
127.9
145. 9
121. 1
127. 1
126.8
136 2
146 2
151 8
95 9
99 7
94 i
119 5
84.5
102 1
121.7
111 7
124.0
8S.2
115.7
'121.6
106. 9
* 120. 9
91.9
no s
115.0
117 2
106.3
116 4
89.8
69 5
96.4
115.4
60.2
87.7
125.0
126.4
132.5
128.1
142. 4
131.4
126. 5
142. 9
117 4
146.0
153.9
125. 2
144.5
120.2
122.1
123.2
131.7
150.6
151.8
95.6
99.0
93.2
120.8
85.8
102.8
121.7
114.7
124.0
88.0
114.3
r 100. 4
115.6
105.9
109.0
79.3
r 58. 1
112.4
119.1
r 110.6
rill.7
«• 93. 2
'117.5
117.5
118.0
105. 2
r 117. 8
89.7
69. 5
' 100. 6
r
119.9
'61.9
94.6
128. 5
130.6
' 135. 7
' 126. 1
'r 144. 8
135. 6
129. 1 |
' 147. 7
' 117. 3
151.0
r
163. 2
r 128. 6
146. 0
' 121. 7
127.1
'127. 4
136 2
145.0
151 8
'r 95 1
99. 5
93 7
121
0
r
80. 6
102. 5
121.7
114 7
124.0
92.1
' 115.8
114.3
96.6
122.1
113.6
90.9
111.8
90.5
74.4
102. 4
115.5
108.0
109. 2
82.1
121.7
106. 9
120.8
92.0
60.3
109. 1
119.1
111.0
111.9
93.2
117.5
118.3
118.1
105. 0
118.1
89.6
69.3
100.1
120.0
59.3
92.9
128.2
130.5
136.1
126.5
146. 5
135.6
129. 1
146. 7
117.2
150. 8
159.8
128.6
146. 1
121.7
127. 1
127. 3
136. 2
143. 5
151 8
94 9
99.4
93 1
125 0
80.3
102. 9
121.7
114 7
124 0
96.0
115.8
wholesale prices of individual commodities, see respective commodities. *New series. Data prior to February 1955 will be shown
.Effective with the January 1955 index, cosmetics and related products were transferred from drugs, etc., to the "other chemicals"
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-7
1956
1955
April
May
June
August
July
Septem- October Novem- December
ber
ber
January
February
March
89 0
87 3
91 9
88 7
87 2
91 7
April
May
COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumer prices
Retail food prices
1947-49=100-do
do -
90.5
87.6
89.9
91.0
87 6
90.0
90.7
87 4
89.8
90.2
87 3
89.9
90 5
87 2
89 2
89.5
87 0
89 6
89.6
87 0
90 3
89 9
87 0
91 1
89.8
87 2
91 3
89 4
87 3
91 6
88.0
i1 87 o
91 2
1
87 5
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY f
mil. of dol__
' 3, 345
' 3, 675 ' 3, 936 ' 4, 085
Private total
do
Residential (nonfarm)
do
New dwelling; units
_ -- do
Additions and alterations
do
Nonresidential building, except farm and public
utility, total
.
mil. of doLIndustrial
-do _ _
Commercial
do
Farm construction
-do
Public utility
-do
' 2, 384
1,319
1,190
' 2, 571 ' 2, 766 ' 2 862 ' 2 893 ' 2 879 ' 2 810 ' 2 663 ' 2 435 ' 2 156 ' 2 067 ' 2 230 T 2 365
1,430
' 1, 545
1,561
1,590
1,587
' 1 509 ' 1 419 ' 1 279 1 080
' 998 ' 1 111 ' 1 204
1,270
1,380
1,435
1,430
1,410
••895
995
1,360
1,280
1,160
1 065
980
133
133
127
119
119
116
' 86
' 107
' 107
'88
' 73
70
New construction (unadjusted), total
Public total
Nonresidential building
Military facilities
Highway
Other types
do
do
do
do
_-do - -
New construction (seasonally adjusted), total do
Private total
do
Residential (nonfarm)
-do
Nonresidential building, except farm and public
utility
mil. of doL
Farm construction
do
Public utility
_.do
Public, total
Nonresidential building
Highway
___do
do
-..do
106
'560
184
••215
' 128
'363
'591
' 183
236
'148
'386
••961
••364
r
95
'315
' 1, 104
187
204
374
106
'420
633
190
' 4, 205 ' 4, 148
686
205
668
199
714
213
' 4, 037
'721
' 219
' 306
' 132
'437
' 3, 702 ' 3, 258
'715
r 224
259
277
' 160
'412
' 169
'419
r 172
'434
1 223 '
'384
' 123
' 491
' 225
1 312 ' 1 269 ' 1 227 ' 1 039
' 374
380
' 321
' 350
r H6
' 131
' 136
' 136
r 524
r 405
' 569
' 533
' 232
' 226
' 217
197
' 1 170 '
'383
' 119
' 449
219
286
303
' 159
'433
' 297
' 111
'407
'679
' 223
' 270
' 98
'369
' 823
' 286
' 97
' 263
' 177
r
2, 918
650
223
251
' 97
'321
r 762
' 292
' 84
' 210
r 17(J
' 2, 791 ' 3, 041
' 3, 351
'647
' 224
' 252
' 101
' 314
' 656
226
' 258
' 109
'347
' 663
236
' 724
' 285
r 811
253
' 121
'369
r 78
r 84
303
' 986
' 318
' 195
' 230
r 194
' 350
' 220
r 166
r gg
3, 659
2 502
1 262
1 105
121
699
247
966
139
392
1 157
334
113
470
240
'r 3, 595 ' 3, 642 ' 3, 608 ' 3, 598 ' 3, 638 ' 3, 623 ' 3, 598 ' 3, 601 ' 3, 580 ' 3, 593 ' 3, 599 ' 3, 551 '3,617
3, 632
2 542 ' 2 578 ' 2 578 r 2 607 r 2 620 r 2 629 T 2 594 r 2 551 ' 2 519 ' 2 481 ' 2 496 ' 2 497 r 2 522
2 512
1,391
1,419
1 420
1 422 ' 1 375 r i 342
1 435
1 433
' 1 322 1 286 ' 1 279 ' 1 263 ' 1 267 1 250
'620
' 135
'382
'628
' 134
' 382
' 622
' 133
'390
641
' 133
' 385
658
r 132
r 385
679
' 132
r 384
' 1,r 053
363
'388
' 1 064 ' 1 030
362
364
'390
'350
79, 184
2 322
75, 896
2 185
75, 141
2 255
73, 130
2 272
675
757
64 144
1 895
57 673
2 035
676
761
549
621
' 991
' 342
' 343
' 1 018
335
' 994
r 339
T 345
' 685
' 132
r 391
r 678
r 131
r 389
' 665
' 131
r 389
664
r l^O
' 391
T 688
' 129
' 392
' 1 004 ' 1 050 ' 1 061 ' 1 112 r 1 103
' 339
' 332
' 321
' 326
' 337
r 432
r 467
' 363
' 443
' 403
r 128
r 732
'127
' 390
r 388
' 708
' 1 054 ' 1 095
322
' 318
' 411
' 438
739
126
388
1 120
094.
443
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
Total projects
number-Total valuation
mil. of dol-_
Public ownership
____
__do
Private ownership
do
Nonresidential buildings:
Projects
Floor area
- -.
Valuation
Residential buildings:
Projects.„
Floor area
Valuation.
Public works:
Projects
Valuation
Utilities:
Projects
_
Valuation
- .- _-
1,646
1,510
1,498
1, 511
1 346
1 414
6,135
51,989
6,107
51, 736
6,217
57,218
706
726
6,715
64 544
843
5 715
47 886
5,540
49 837
893
681
709
number-- 70, 088
thous o f s q . f t
107 850
mil. ofdol .
1,070
66, 558
97 248
1,011
65, 459
95 481
62, 799
94 491
55, 514
82 058
49 211
72 039
number _
thous. of sq. ft- .
mil. of dol._
4 407
49 426
663
727
661
48 346
73 638
44 302
70 440
46 314
68 147
692
53 033
76 964
1 269
79 196
2 382
' 638
1 744
81 231
9 491
4 505
44 569
5 967
62 191
6 160
61 467
630
881
822
51 942
77 139
79 290
112' 465
1 144
2 271
' 367
598
1 183
1 262
4 144
47 895
745
1 677
726
711
694
799
1 398
1 394
1 105
1 218
1 902
280
359
356
337
311
467
111
426
129
448
124
386
147
391
93
494
84
510
89
253
258
250
256
249
246
260
252
244
243
270
252
244
233
301
273
247
242
300
290
267
285
306
318
291
334
287
^17
319
370
277
315
1,240
1,786
1,526
1,369
1,693
1,593
1,781
2,379
1,869
5,787
944
2 237
2 606
9,346
288
5 321
3 737
5,798
490
2 246
3 062
5,999
1 052
o 413
2 534
7,171
1 895
3 345
1 931
2 8, 909
i i ^n
8,259
1 726
4 319
2 214
7,578
•707
2 2 529
6,920
1 292
3 907
2 341
8, 362
2 e 990
3 017
o 477
134.5
131 4
96.2
31
122.7
121 9
87 7
114.9
113 6
82 2
13
105.8
104 8
75 8
10
89.2
88 4
64 0
76.2
73 5
53 6
2 7
75.0
73 7
53 6
1 3
'78.3
r 77 o
96.0
94 4
67 2
16
106.0
i n^ n
g
124.7
122 3
89 2
2 4
1,371.0
1,318 0
1 346 0
835
733
2 887
342
290
2 960
382
2 447
2 316
332
299
368
number-.mil. ofdol--
660
204
621
158
578
79
656
88
468
79
606
224
Value of contract awards (F. R. indexes) :
Total, unadjusted
1947-49=100.
Residential, unadjusted _ _ _ . _ _ _ do
Total, adjusted
do
Residential, adjusted
_ _ _ _ _ - _ __ _do
290
336
253
286
296
332
245
280
294
320
253
290
281
301
257
296
271
277
259
278
mil. ofdol—
1,449
1,727
1,882
1,684
Highway concrete pavement contract awards: d*
Total
thous. of sq. yd__
Airports
do
Roads
do
Streets and alleys
-_ do — _
8,470
2,855
2 279
3, 336
8,760
1 242
3 305
4,213
9,292
950
3 966
4 376
137.6
135 1
97 3
2 5
1, 398. 0
277
1 262 0 1 209 0
g
r 56 9
'13
7QO
1 179 0 1 192 0 1 195 0 r\ 127 o 1 100 0
Building construction authorized, all permit-issuing
places:
New dwelling units, total- ._
thousands_- -119.3
115.1
98.2
120. 1
108.1
96.3
89 4
70 1
62 8
57 6
Privately financed, total
do
* 118. 5
117.4
97.4
113.0
95.3
106.3
61 8
87 7
69.7
56 6
Units in 1 -family structures
do_ _. * 107. 5
104.4
89.4
54 6
102.2
86.1
95.3
62 9
78 7
50 2
Units in 2-family structures
do
3.3
2.4
3.2
2.9
2.2
2.7
2 1
2.2
2 1
1 9
Units in multifamilv structures
do
7.8
9.8
7.9
5.5
7.0
8.3
6.9
4.6
4 5
51
Publicly financed, total
_-do. _
.8
2.8
.8
2.1
1.8
.4
1.0
1.7
1.1
1.0
'1 Revised.
* Revisions for new dwelling units for March 1955 (thous.): Total, 115.4; privately financed—total, 114.5; 1-family structures, 100.4.
Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 45.8 (May); consumer prices, 52.1 (April) retail food, 45.2 (April).
2
Data include some contracts awarded in prior months but not reported,
t Revisions for January 1954-March 1955 will be shown later.
§ Data for June, September, and December 1955 and March and May 1956 are for 5 weeks; other months, 4 weeks.
d" Data
for June, August, and November 1955 and February and May 1956 are for 5 weeks; other months, 4 weeks.
I Revised back to 1946 to incorporate new seasonal factors; unpublished revisions (January 1946-February 1955) are available upon request.
58 056
l' 860
675
783
959
2,610
NEW DWELLING UNITS
( U. S. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
Total, privately and publicly owned ---thousands..
132.0
Privately owned, total
_
do
130.5
In metropolitan areas
__ _ _ _ do __
95.4
Publicly owned _
do
1.5
Seasonally adjusted at annual rate:
1, 374. 0
Privately owned, total t- ..
... ._. do
4 686
46 058
5 863
49 156
527
1 772
951
2,301
Engineering construction:
Contract awards (ENR)§
51 949
1 858
54 856
1 797
70 833
108 060
1 105
number _
mil. ofdol—
_ _
50 551
1 921
' 730
1 190
61 135
1 863
' 551
1 312
71
70
61
2
6
1
2
7
5
0
.9
94
91
81
3
7
1
8
1
2
5
2.4
74 f\
2,120
8, 513
108.0
7C
Q
1 110 0 1 110 0
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June
1955
April
May
June
July
August
1956
Septem- October
ber
Novem- December
. ber
January
February
March
May
April
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
Department of Commerce composite
1947-49=100.
\berthaw (industrial building)
1914 — 100
American Appraisal Co., The\verage, 30 cities
1913=100..
\tlanta
do
New York
do_ __
San Francisco
do
St Louis
do
Associated General Contractors (all types) ..1913= 100..
E. H. Boeckh and Associates:§
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U S. avg. 1926-29=100..
Brick and steel
do
Brick and wood
. do
Commercial and factory buildings:
Brick and concrete
- do. .Brick and steel
do
Brick and wood
do
Frame
do
Steel
.do __
Residences:
Brick
- do
Frame
do
Engineering News-Record :c?
Building
_
1947-49=100.
Con^truction
do
Bu. of Public Roads— Highway construction:
Composite standard mile *
1946~100
I' 123.
0
r 123. 4
r 124. 4 '
r 125.6
397
r
r
' 125. 7
M26.3
r 126. 4
' 126. 5
613
664
641
614
665
642
573
605
443
575
606
441
616
665
642
577
607
444
618
666
643
578
608
446
619
666
643
580
609
446
622
667
644
582
629
452
399
126. 6
401
127. 0
r
127. 8
r
128. 5
405
129.2
623
667
648
586
630
452
625
676
652
588
632
452
628
676
654
589
633
452
601
650
628
553
601
434
602
654
626
604
654
627
611
664
629
553
601
435
556
601
439
568
604
443
260.7
256.2
260. 0
261.8
257.3
261.3
263.8
259.5
263. 1
266.1
262.0
264.3
266.7
262. 6
264.9
267. 8
263.6
265. 7
268.5
264.4
266.2
269. 1
265. 1
266. 7
270.1
266. 1
267. 3
271.2
267.1
268. 4
271. 6
267. 7
270. 5
272.4
268. 7
271.6
274.1
270. 3
273.4
268.5
264.5
258. 1
260. 3
247.4
269.7
265. 6
259. 6
261.8
248.3
271. 5
267.3
261.3
263.8
249.8
274.0
271.9
262.3
264. 5
257.5
274. 6
272.4
263. 2
264 8
257.8
275. 7
273.3
264. 0
265. 4
258. 5
276. 3
273.8
264. 6
266. 4
259. 0
276. 8
274.4
265. 2
266. 9
259.4
278.1
275.3
265. 7
267.3
260. 8
279.4
276. 3
267.2
268. 1
261.3
279.4
277.1
269. 0
270. 5
261.8
280.4
278.4
269 9
271.4
263.3
282.3
280.0
271 5
273. 6
264. 6
260.7
254.9
262.3
256.4
263.9
258.3
264. 9
259. 1
265. 6
259. 6
266. 3
260. 3
266.8
260. 8
267.4
261.3
268.0
261. 9
269.1
262. 7
271.2
265.2
272.1
266.2
273. 8
268.2
136. 8
144.2
137.4
144.8
138.3
145.7
141.4
148.4
141.7
148. 5
142.0
148.8
141.8
148.6
141.6
148.6
142.1
149.3
142.9
150.2
142.9
150.2
143.6
150.8
144.1
' 152. 0
125.5
131. 1
129.4
631
676
655
596
633
456
144. 5
152.8
132.4
CONSTRUCTION MATERIALS
Output of selected construction materials, index:f
Iron and steel products
1947-49— WO
Lumber and wood products
do
133. 5
129.9
136.2
136. 6
154.2
142. 3
127.6
119.6
144.1
146.0
149.5
139.7
145.0
135.3
134.9
124. 6
132.3
117.6
136. 4
121.0
' 143. 4
119.5
157.2
129.0
229, 813
548, 510
269, 487
552, 928
230, 031
520, 545
279, 312
617,282
274, 376
589, 859
273, 493
717, 334
275, 334
755, 018
261, 480
620, 173
280, 660
569, 925
240, 723
535, 526
231,856
467, 908
202. 141
492, 888
REAL ESTATE
Home mortgages insured or guaranteed by —
243, 346
Fed Hous Adm ' Face amount
thous. ofdol
Vet Adm • Face amount
do.. _ 514, 998
Federal Home Loan Banks, outstanding advances to
754
member institutions
mil. of dol _
New mortgage loans of all savings and loan associa1,016
tions, estimated total
mil of dol
By purpose of loan:
380
Home construction
do
430
Home purchase
- do
205
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under),
estimated total
mil. of dol . 2,357
2,447
Nonfarm foreclosures
number
78, 632
Fire losses
thous of dol
821
1,017
1,061
1,187
1,275
1,344
1,364
1,417
1,246
1, 181
1, 138
1,126
1,069
1,157
1.054
1,171
1,012
880
782
746
712
778
908
932
395
470
205
418
536
204
371
494
188
416
553
201
342
503
167
303
426
152
261
385
137
253
851
142
251
316
145
284
333
161
331
386
191
359
388
185
2,483
2, 457
71, 789
2,636
2. 861
70, 828
2, 463
2,209
61,614
2,697
2,254
71, 103
2,522
2,294
65, 970
2,387
2.207
58, 778
2,316
2.308
68, 784
2,188
2. 403
89, 212
2, 059
2,288
96, 972
2,050
2,238
84, 041
2.271
2,615
89, 315
84, 624
2, 2()9
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted :J
Combined index
1947-49=100
Business papers
do
Magazines
do
r
New spapcrs
do
Outdoor
do
Radio (network)
_do.
Tele vision (network)
1950-52—100
173
167
144
174
151
45
277
180
164
146
185
158
45
287
185
170
144
198
148
46
299
185
163
142
186
153
48
342
190
177
149
199
144
46
316
187
182
149
188
173
41
312
181
186
140
186
153
38
300
190
165
158
200
158
38
312
187
176
153
183
151
36
312
193
171
155
213
157
34
313
201
182
158
221
170
36
331
192
178
161
192
147
36
328
198
187
155
205
172
39 .
337
195.3
202.8
191.5
150. 6
156.6
191.5
217.0
219.2
163. 0
159.9
184.8
209.4
218.8 _ .
32, 702
3,387
7,440
7,374
3,592
3,348
7,562
33, 450
3, 773
7,565
7,182
3,762
3,714
7,456
31, 724
3,511
7,771
7,185
3,531
3, 468
6,258
29, 997
3, 670
8, 762
6, 069
3, 416
3, 354
4, 725
30, 345
3, 358
8, 661
5, 947
3,849
3,203
5,328
33, 045
3, 620
8,043
6,922
4, 134
3, 499
6,826
38, 086
4,936
9, 363
7,836
4,326
3,652
7,973
38, 852
4,935
8,850
8,096
4,411
3, 764
8,794
39, 399
5,399
8, 782
8,427
4, 432
3, 869
8,490
38, 898
5,475
9, 653
8,181
4, 569
3,557
7,462
37, 192 ' 40, 589 38,965 i
4,831
5,147 !
5,510
9,389 !
* 9, 824
9,117
7,840 '
8, 524
8,116
5, 131
5,037 1
4,570
3,419 i
3,873
3,571
7,727
8,133 |
6,986
67, 133
5,267
7,112
4,179
5,738
7, 625
3,108
66, 611
5, 492
6, 621
3, 906
5,867
7, 352
3,225
53, 083
2, 993
5,815
3,153
5, 400
7, 026
2,720
37, 329
918
4, 540
1, 690
4,221
6,388
2,084
40, 836
4,197
3,762
1,699
3,744
6,139
1,888
58, 673
7, 515
3,661
3, 848
4,845
7,347
2, 354
71,084
6,193
5,926
3,610
6,241
9,223
3,555
68, 295
4,876
7, 504
2,258
6,064
8,533
4,148
51, 249
3, 850
4,509
1,102
4,804
6, 300
5,062
38, 656
2,020
4,341
1,310
3,742
5,749
1, 440
54, 298
3,458
5,096
2,841
5,375
8, 003
2,233
69, 188
5, 673
7, 020
4,313
5, 541
8,648
2,998
75,485
5,643
7,924 _
4,559
5,732
8.542 _ _
3, 286
4, 999
3,561
4, 567
791
1,362
18, 822
5,131
3,842
4,983
1, 098
1, 622
17, 472
4,012
1,860
4,208
695
1,458
13, 742
1,748
715
3,200
492
1,272
10, 063
1,670
1,496
3,451
540
1,369
10, 881
3,674
2,493
4,469
836
1,524
16, 108
4,901
4,309
5,680
946
1,548
18, 954
4,790
3,516
4,943
778
1,362
19, 523
2,713
1,990
3, 771
567
1, 895
14, 685
873
1,298
3,166
645
1,030
13, 042
2,055
1, 551
4,110
1,103
1,511
16, 960
4, 014
2,761
4, 940
1,314
1, 615
20, 352
5,063
4, 405
5,735
1, 330
1.516
21, 750
3,669
5,032
3,402
5,570
4,689
3,395
4,205
4,548
Linage, total.
_
thous. of lines. . 4,927
r
1
Revised.
Revisions: 1954, May-December— 12 0.7; 121.1; 121.9; 121 8; 122.0; 122.4; 122.3 ; 122.4; 19 55, Januar y-March--122.3; 12 2.3; 122.8.
§ Copyrighted data; see last paragraph of headnote, p. S-l.
4
cf Data reported at the beginning of each month ar > shown h ere for tht previous month,
t Revised series,
t Data revised beginning January 1954; revisions pr ior to Ma rch 1955 ^ ill be sho wn later.
4,114
4,664
5,249
5,399
Tide advertising index, unadjusted
Television advertising:
Cost of facilities total
Automotive, including accessories
Drugs and toiletries
Foods soft drinks confectionery
Soaps, cleansers, etc
Smoking materials
\11 other
1947-49 = 100.,
_ _
Magazine advertising:
Cost total
Apparel and accessories
Automotive, incl accessories
Building materials
Drugs and toiletries
Foods, soft drinks, confectionery
Beer wine liouors
Household equipment and supplies
Household furnishings
- Industrial materials
_ _ _ _ _
Soaps cleansers etc
Smoking materials
All other
.
do
do
do
do
__do
do
do
-do
do
do
do
do
do
do
do
do
,_do
do
__do
do
_
.
!
4,648
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-9
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising:
Linage total (52 cities)
Classified
thous of lines
do
Display total
Automotive
Financial
_
General
Retail
. .-
do
do
do _ _
do
_.do
243 834
59 996
260 381
64 921
243 718
61 286
212 279
60 911
219 750
63 121
246 154
62 714
273 073
65 684
268 516
58 567
242 542
50 144
212 200
57 508
218 335
56 624
251 255
63? 286
260 992
65* 077
183 838
17 079
3,382
33 243
130 135
195 460
18 499
3,278
36 696
136 986
182
19
3
34
125
151
15
3
24
107
156
15
2
23
114
183 440
16 054
3 007
30 849
133 530
207
19
3
39
144
209
20
3
38
147
192
12
3
27
149
154 693
14 220
5.200
26 955
108 318
161
15
3
31
111
187
15
3
36
132
195
14
3
40
136
432
541
203
278
409
368
226
772
968
402
629
914
657
800
259
390
797
678
778
137
949
045
440
514
950
398
568
421
128
281
711
161
235
489
826
969
494
484
151
840
915
864
932
980
140
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services, total _
bil. of dol.
250.5
255.7
257.2
258.8
36.9
18 0
14.7
34.8
16 0
14.3
33.9
14.6
14.9
Durable goods, total9
Automobiles and parts
Furniture and household equipment
do
__do
do _ _
35.1
36 6
14 2
Nondurable goods, tota!9
Clothing and shoes
_ _
Food and alcoholic beverages
Gasoline and oil
- -
do --do --do . _
- do
125.3
20 5
75.9
7 7
127.0
20 4
77.5
7 7
128.8
21.2
78.3
7 9
129.9
20.7
79.1
90.2
13.4
31 0
7 4
91.8
13.7
31 4
7.4
93.6
14.2
31 9
95.1
14.4
32.4
7.5
7.6
Services, total 9
Household operation
Housing
Transportation
_
-
do
do
do
do
8.1
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
15,622
15,468
15,734
15, 398
15, 622
15, 905
15, 824
15, 894
19, 268
13,866
13,686
15, 864
5 704
3 431
3,271
159
5 845
3 409
3,252
157
6 125
3 536
3,355
180
5 720
3' 271
3,080
191
5 980
3 435
3,252
182
5 900
3' 367
3 201
167
5 564
2 964
2,786
5 539
3 039
2 866
6 186
3 118
2,910
4 690
2 744
2,626
5 421
3 195
3,044
172
208
118
4 775
2*812
2,688
124
151
Furniture and appliance group
do
Furniture homefurnishings stores
do
Household-appliance, radio stores ._ _ __do
757
466
292
809
510
299
847
522
325
825
492
333
854
514
340
822
490
331
909
562
927
584
1,163
704
761
462
808
502
••787
299
757
464
293
306
296
Lumber building, hardware group
Lumber, building-materials dealers
Hardware stores
,
900
672
228
998
752
246
1,040
798
242
973
735
238
1,032
795
237
1 037
786
251
1,047
9,917
986
194
384
199
209
9,623
878
184
352
166
177
9,608
868
197
326
167
178
9,678
756
160
287
156
153
9,642
740
144
281
165
150
10 005
910
166
342
___do
do
- - do
do _
do
416
1,080
3, 689
3,127
988
419
1,136
3,514
2, 950
1 046
425
1,168
3,591
3,025
1 066
434
1,274
3,761
3,198
1 117
432
1,282
3,617
3,055
1 108
425
437
432
459
1,204
3, 705
3,146
1 083
590
1,220
3 766
3' 205
1 049
1,126
3 648
3 078
1 085
1,182
4 168
3 542
1 104
1,084
3 517
2 986
1 012
General-merchandise group
_
do _.
Department stores, excl. mail-order cf
do
Mail-order (catalog sales)
_.do
Variety stores
do
Other general-merchandise stores. . . _ do
Liquor stores
.do~-
1,650
897
94
278
381
266
1,584
866
99
243
376
268
1,565
852
102
248
363
266
1,412
745
82
244
342
289
1, 562
833
111
255
364
287
1 674
920
112
1,807
993
116
282
416
312
3 010
1,617
183
1 278
693
89
266
377
302
1 956
1,076
158
mil. of dol_.
Durable-goods stores 9
do
Automotive group
do
Motor- vehicle, other automotive dealers-_do _
Tire battery accessory dealers
do
Nondurable-goods stores^
Apparel group
Men's and boys' wear stores
Women's apparel accessory stores
Familv and other apparel stores
Shoe stores
Drug and proprietary stores _ .
Eating and drinking places—.
Food group
Grocery stores
Gasoline service stations
-
do
_do___
__do _
do
do
__do__ _
do
do__ _
do
21)6
197
177
' 15, 029
5 352
r
3 058
2,899
788
259
958
715
244
947
630
317
701
526
175
698
527
171
843
636
207
929
701
227
10, 260
10 355
13 083
1 598
9 176
8 911
10, 443
1 003
9 677
988
219
382
222
165
291
432
319
402
621
353
222
595
616
493
721
161
292
143
125
191
305
274
667
137
278
135
116
160
344
172
157
451
479
1,041
3 446
2*927
r 446
' 1, 134
r 3 532
3 006
983
1,114
3 939
3,376
1 078
r 1 Q9Q
i 469
1, 212
i 3 752
i 3 193
i i 141
1 271
667
97
1 649
884
106
r I 514
r'854
i i 692
1955
206
300
263
274
386
306
95
221
346
282
15, 251
15,368
15, 345
15, 484
15,662
15, 840
15, 777
15,808
15, 795
15, 658
15, 346
15, 740
15, 541
5,522
3,202
3,044
158
5,507
3,108
2,955
153
5,570
3,171
3,011
160
5,640
3,148
2,963
184
5, 763
3, 363
3, 192
171
5 840
3 384
3,214
5, 764
3,280
3,107
171
173
5 689
3 261
3,090
5 677
3 233
3,068
5 456
3,020
2,869
5 354
3 008
2,855
5 466
3 049
2,881
169
5 303
2 867
2,703
164
Furniture and appliance group
do
Furniture, homefurnishings stores. . - . do _
Household-appliance, radio stores
do
837
504
334
826
498
329
823
503
320
887
536
352
827
492
336
826
497
329
849
517
332
838
525
313
873
546
327
869
543
326
859
539
319
877
540
337
895
546
348
Lumber, building, hardware group.-do
Lumber, building-materials dealers __ ..do
Hardware stores
do
890
661
229
955
719
236
938
707
231
923
684
239
916
684
232
950
705
245
963
725
238
935
710
225
929
689
240
938
699
238
899
674
225
925
692
234
958
718
240
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
9,729
889
194
342
183
169
9,860
905
197
350
188
170
9,775
878
196
338
180
164
9,844
905
193
353
190
168
9,900
892
194
339
186
173
10 000
10, 013
10 119
10 118
10 202
9 992
10 274
10 238
921
198
355
199
168
427
1,141
3,525
2 980
1,023
428
1,126
3,636
3 069
1,026
431
1,140
3, 635
3,063
1,030
439
1,158
3,561
3,004
1,034
442
1,165
3,683
3 114
1,026
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
do
do
do.-_
__do.--_
do
_ __ _ _
do
.--
895
183
346
192
173
908
183
355
201
169
449
447
1,167
3 696
3 133
1 033
1,159
3, 686
3 121
1 042
171
916
191
354
200
172
165
912
193
372
189
159
447
459
1, 164
3 728
3 164
1 078
1, 158
3 726
3 176
1 083
151
927
200
368
189
169
153
924
191
364
200
170
916
177
368
201
170
465
455
485
1, 171
1 152
3 680
3 128
1 088
1,192
3 756
3 205
1 154
3,747
3 186
1 082
467
1 200
3 702
3 167
1 130
1,676
General-merchandise group
do
1,677
1,671
1,630
1,723
1 714
1 693
1 672
1 711
1 702
1 700
1 645
1 702
Department stores, excl. mail-order
do.. 912
889
936
923
877
958
901
926
913
914
878
913
943
104
109
112
111
Mail-order (catalog sales)
- do
113
110
113
115
112
111
117
113
110
276
282
271
Variety stores
do
268
279
268
276
273
273
256
290
286
268
404
393
377
Other general-merchandise stores
do
378
378
385
381
385
384
370
392
385
403
292
273
303
294
Liquor stores
__do
296
307
318
315
315
306
300
308
298
»• Revised.
i Advance estimate.
9 Includes data not shown separately.
c? Correction: 1951 monthly average for combined department-store and mail-order sales (old series) shown in the 1955 edition of BUSINESS STATISTICS should read $927,000,000.
i 952
r g33
180
403
216
204
Durable-goods stores 9
- - do
Automotive group
do Motor- vehicle, other automotive dealers. _ do
Tire battery, accessory dealers
do
Estimated sales (adjusted) , total
1891
491
459
974
193
374
227
180
i 3 175
159
343
348
i 16, 152
1
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
195B
DecemAugust SeptemOctober November
ber
ber
Janu-
Febru-
March
24, 540
11, 680
12, 860
ary
ary
April
May
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted, total
Durable-goods stores _
Nondurable-goods stores _
mil. of dol
do
do
Adjusted, total
_.
_ _ _ _do _ _
Durable-goods stores..
_ _ d o __
Automotive group
_ -do
Furniture and appliance group
do
Lumber, building, hardware group
do
Nondurable-goods stores
Apparel group . ._ .
_.__
Food group
General -merchandise group _ _
do
-do _
do
do
Firms with 11 or more stores:
Estimated sales (unadjusted), total 9
23, 570
11, 280
12, 290
23, 390
11, 240
12, 150
22, 840
10, 920
11, 920
22, 730
22,
10, 850
10,
11, 880
23, 080
10, 760
12, 320
23, 300
10, 390
12 910
23, 890
10, 390
13, 500
24, 780
10, 930
13 850
22, 440
10, 410
12, 030
22, 790
10, 870
11, 920
23, 840
11, 330
12, 510
22, 760
10, 540
3,960
1,910
2,290
23, 000
10, 750
4,130
1,920
2,310
23, 190
10, 780
4, 100
1,950
23, 370
23,
10, 840
10,
4,160
1.960
2,350
23, 350
10, 850
4, 150
1,960
2 350
23, 230
10, 720
3,970
1,970
2 380
23, 290
10, 720
3, 990
1, 960
2,380
23, 590
11, 000
4 250
1,980
2 360
23, 900
11,230
4 470
1,970
2 380
24, 080
11,390
4, 680
1, 980
2,340
24, 210 ' 23, 820 23, 850
11, 100
11, 450
11, 220
4, 3?0
4,400
4,710
1, JW)
1,980
2,010
2,340
2,360
2 350
12, 220
2,800
2,380
3,830
12, 250
12, 410
2, 450
3,990
12, 530
12,
2,770
2, 500
500
2,
4,020
12, 500
2,730
2,510
4,040
12, 510
2,760
2 480
4,050
12, 570
2,780
2,540
4,050
12, 590
2,760
2, 570
4,080
12 670
2,720
2 570
4,170
12, 690
2,660
2,600
4,170
12, 760 ' 12, 600 12, 750
2,690
2, 690
2,660
2,600
2, 570
2 580
4,140
4,200 ' 4, 100
2,906
2,721
2,778
2,729
2,713
2,896
2,949
2,994
4 029
2,449
2,464
3, 058
2,722
212
17
81
79
178
15
72
62
176
16
66
64
146
11
60
54
143
9
61
50
185
12
69
68
196
17
76
62
201
20
78
59
316
33
128
91
128
11
48
43
121
9
48
40
222
16
84
78
160
12
61
58
do._ _
do
-- do_
64
56
26
62
58
31
62
60
28
65
62
27
62
63
30
63
62
27
65
63
33
63
60
35
99
63
33
62
56
25
62
56
24
69
61
30
63
60
26
807
389
760
377
774
378
706
346
781
369
827
404
874
425
938
428
1,470
622
596
281
600
271
792
366
748
388
116
215
1,253
68
57
105
186
1,135
75
56
110
190
1, 164
80
63
103
181
1,212
77
69
117
192
1,121
84
64
120
200
1,225
81
57
130
212
1,200
78
59
141
224
1,175
70
58
221
456
1,417
58
85
87
144
1,145
53
44
82
156
1,166
52
45
117
215
1,389
61
55
103
170
1, 174
69
57
do
2,774
2,825
2,784
2,809
2,836
2,875
2 820
2,898
2,916
2,936
2,905
2. 954
2,911
do
do
do
do
do
_ do
do
175
15
70
60
66
57
28
181
16
71
61
64
57
28
172
15
67
57
64
59
28
179
15
72
60
66
59
30
177
15
70
59
64
60
29
181
15
70
61
66
60
28
182
16
72
60
65
60
30
189
16
73
64
66
62
29
185
16
74
60
70
62
28
184
14
70
66
67
60
33
176
13
70
59
66
62
29
'181
14
72
65
71
62
28
169
13
66
59
65
60
29
795
379
800
369
780
359
814
383
819
386
839
397
800
376
833
388
820
384
861
417
829
397
836
395
839
416
112
205
1,170
69
58
117
211
1,193
73
55
113
206
1,184
70
55
121
205
1,161
1,161
71
60
119
210
1,191
71
58
126
215
1,203
69
60
120
205
1, 185
68
59
121
216
1,208
69
59
120
208
1,240
69
60
124
213
1,218
70
59
118
208
1,239
66
57
125
216
1, 261
69
61
115
204
1,237
73
61
137
267
139
267
135
266
125
266
125
268
137
274
148
282
163
296
217
333
178
330
150
324
146
321
145
319
44
15
45
15
46
15
43
14
46
14
45
15
47
15
47
15
46
15
43
14
44
14
47
16
43
15
45
44
11
45
44
11
46
43
11
45
42
13
45
42
13
44
44
12
44
43
13
44
44
12
46
43
11
45
42
13
44
43
13
44
43
13
44
43
13
1947-49=100
' 115
116
110
98
105
123
128
148
212
95
'92
' 111 P113
- _--do__
- do
-- -do
do _
do
-do ._
141
108
' 113
112
' 139
123
134
111
116
110
133
119
121
107
112
104
120
113
122
82
96
96
123
111
129
86
103
104
129
117
136
120
123
116
131
154
115
126
125
146
131
165
141
147
147
155
142
255
206
204
205
247
211
113
87
91
91
114
93
114
84
87
90
111
92
146
91
' 109
106
134
112
pl36
P106
p 110
P 109
p 132
P117
108
100
' 110
125
118
108
101
114
129
120
116
95
100
107
118
106
113
89
77
90
107
102
107
102
82
92
112
109
118
119
111
124
138
122
123
126
116
125
140
135
126
126
139
159
164
149
145
1FO
194
213
237
20S
217
83
90
90
95
95
100
84
85
91
96
95
97
95
98
111
125
' 115
r
110
p
P
P
p
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores
General -merchandise group 9 .Department stores
Dry-goods, other general-merchandise
mil.
Variety stores
_ Grocery stores - __
Lumber, building-materials dealers
Tire, battery, accessory stores _
Estimated sales (adjusted), total 9
Apparel group 9
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
stores
of doL.
do_- do
do
do
General-merchandise group 9
do
Department stores
do _ _
Dry-goods, other general-merchandise stores
mil. of doL.
Variety stores
do
Grocery stores
_
_
__do __
Lumber building-materials dealers
do
Tire battery, accessory stores _
_ _ _ d o __
Department stores:
Accounts receivable, end of month:
Charge accounts .
1947-49=100..
Installment accounts
_
. do
Ratio of collections to accounts receivable:
Charge accounts
_ -percent. _
Installment accounts
do
Sales by type of payment:
Cash sales
percent of total sales. _
Charge account sales
- - do
Installment sales
- do _ . Sales unadjusted total U S J
Minneapolis
New York
Philadelphia
Richmond,
St Louis
San Francisco
- do _
do
- .-do-_.
do
do
- --do. -
Sales adjusted, total U. S.J Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
- . -_
- - - - - - _.
__
2,740
do
._ do_ _
do
- do__ _
do
Apparel group 9
Men's and boys' wear stores Women's apparel accessory stores
Shoe stores
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
2,740
2,420
3,860
2,330
24, 880
11,830
13, 050
__ _
r
r
113
r
P 110
P97
109
122
114
118
do.__
119
117
114
124
118
121
122
122
123
124
'118
'122
P 122
do. _.
do
do
do. __
do_- .
do
142
108
137
111
117
113
134
120
136
107
114
108
132
118
152
114
122
124
145
136
143
107
115
114
139
124
140
112
118
116
131
127
148
114
120
120
138
125
142
116
121
118
136
124
147
114
121
119
147
124
147
111
120
117
144
123
143
111
112
116
139
117
143
102
'124
116
144
126
P 144
P 111
p 117
p 120
p 144
P 124
r 118
116
' 145
126
P 121
P123
116
103
112
107
109
111
107
107
110
110
112
p 113
108
Minneapolis
. . do
r
114
104
108
108
103
103
106
110
p 104 ..
109
110
105
New York
do
107
121
114
122
120
114
120
120
121
115
' 116
pl21
118
116
Philadelphia
do
134
134
138
132
132
' 125
123
134
136
128
129
Richmond
_ _ __ _ _
do_ ._
137
P 131
119
108
122
124
125
126
132
122
120
120
122
'128
St. Louis
do _ _ .
P123
122
129
123
118
126
125
123
118
126
124
'121
128
p 131
San Francisco
_.
do
r
Revised.
p Preliminary.
9 Includes data not shown separately.
t Data for 1946-55 have been revised to reflect current seasonal patterns and to allow for changes in the samples used in computing the unadjusted indexes. Revisions beginning with 1946
for total United States appear on p. 24 of the October 1955 STJKVEY; unpublished revisions for the districts are available upon request.
SURVEY OF CURRENT BUSINESS
June 1956
S-ll
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
April
May
June
July
January
DecemAugust SeptemOctober November
ber
ber
February
March
April
May
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued
Stocks, total U. S., end of month:!
Unadjusted
Adjusted
r
1947-49=100
do
127
123
121
127
119
127
126
129
135
129
145
129
148
131
119
134
122
137
131
138
139
135
v 142
v 136
370, 620
* 84, 866
285, 725
377, 031
83, 922
293, 109
347, 362
74, 182
273, 179
380, 967
87, 181
293 786
OQl O C Q
oyi,
zoo
92 071
299 187
414, 465
102, 795
311 670
431, 702
110, 174
321 5°7
570, 391
146 155
424 236
286, 607
58 523
228 084
279, 770
62 142
217 628
348, 888
83 275
265 612
376, 929
96, 505
280 424
9 140
3,220
5,920
9 320
3,270
6,050
10 110
3,450
6,660
9 660
3' 190
6 470
10 540
3, 570
6 970
10 730
3,' 640
7 030
10 500
3, 5PO
6 910
10 600
3 530
7 070
10 180
3 410
6 770
q 360
3 120
6 240
9 530
3,230
6 300
10 240
3,540
6 700
9 900
3,530
6 370
11, 570
6,000
5,570
11, 550
6,060
5,490
11, 520
6,040
5,480
11, 660
5,950
5 710
11, 870
5,970
5 900
12, 180
6 000
6 IPO
12, 600
6 060
6 540
12, 620
6 060
6 560
12, 290
6 080
6 210
12, 480
6 280
6 200
12, 570
6 470
6 100
12, 620
6 680
r 5 940
12, 620
6 780
5 840
130
124
Mail-order and store sales:
Total sales, 2 companies
___thous. of dol_. 376,188
Montgomery Ward & Co. _ _ .
. . do. . 88, 746
Sears, Roebuck & Co
do
287, 442
r
411,143
93 587
317 556
WHOLESALE TRADE
Sales estimated (unadj ) total
Durable-goods establishments
Nondurable-goods establishments
.
mil of dol
. ...do...
do
Inventories, estimated (unadj.), total
Durable-goods establishments. ._
Nondurable-goods establishments
do
do
-do.
r
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. Armed Forces overseas
thousands
rl
!64,617
r
164 821
T
165 046 - 165 271 r 165 5ig r 165 787 r log 056 r 166 307 r 166 540 r 166 766 r 166 995
r 167 211 r 167 440
167 649
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over, total©
_.
thousands-
117,130
117, 236
117, 318
117, 404
117, 517
117 634
117 749
117 864
117 995
118 080
118 180
118 293
118 367
118 537
Total labor force, including Armed Forces. _..do .
67, 784
68, 256
69, 692
70 429
70, 695
69 853
70 250
70 164
69 538
68 691
68 396
68 806
69 434
70 711
do _.
_ .do
do
.. do
do
64, 647
61,685
6 215
55, 470
2 962
65, 192
62 703
6 963
55 740
2 489
66, 696
64,016
7 681
56, 335
2 679
67
64
7
57
2
465
994
704
291
471
67, 726
65 488
7 536
57 952
2 237
66
64
7
56
2
67
65
7
57
2
67
64
6
57
2
66
64
5
58
2
65
62
5
57
2
65
62
5
57
2
65
63
5
57
2
66
63
6
57
2
67
65
7
58
2
do
49 346
48 979
47 626
46 975
46 823
47 781
47 409
47 701
48 457
49 388
49 784
49 488
do.
do
do
do
48, 643
16 255
9,418
6 837
48, 918
16 334
9,501
6 833
49, 508
16, 577
9,624
6,953
49, 420
16 475
9,511
6 964
49, 858
16 807
9,578
7 229
50 3°2
16 Q15
9, 645
7 270
50 471
16 999
9, 762
7 237
50 629
17 049
9,867
7 182
51 311 r2 50 284
17 096 2 16 842
9,889 -29,811
7 137 r2 7 031
r 50 246
r 16 824
9,776
r 7 048
r 50 499
r 16 764
- 9, 730
r 7 034
739
97
37
205
742
97
34
208
760
99
37
211
749
90
35
209
754
93
35
208
758
100
34
209
751
100
35
209
754
100
35
211
754
100
36
212
T 2 777
r 2 106
r 7gQ
r 107
T- 783
r 107
T 78Q
f 1 f)Q
p 794
p 109
r 2 223
r 225
r
223
r 999
p 994
295
105
2,399
3,939
1, 159
120
748
667
42
554
297
106
2 526
3,997
1,196
120
755
674
42
557
306
107
2,615
4,081
1,224
118
760
715
42
565
308
108
2 701
4,113
1,240
112
762
727
42
571
309
109
2 746
4,137
1,246
113
773
731
42
572
305
110
299
108
2 685
4,127
1,236
115
800
715
43
561
302
107
302
104
111
p 114
T> 3 n*}n
P 4, 140
Civilian labor force, total-..
Employed
_ ...
Agricultural employment
Nonagricnltural employment
Unemployed
Not in labor force
Employees in nonagricultural establishments'.!
Total unadjusted (U. S. Dept. of Labor)
_.
Manufacturing
Durable-goods industries
Nondurable-goods industries
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 9
do
Interstate railroads
.
do
Local railwavs and bus lines .
do. _
Trucking and warehousing *
do
Telephone
do
Telegraph _
do
Gas and electric utilities. ._
do._
882
733
875
858
149
2 748
4,152
1, 242
116
791
72S
42
566
29*>
161
905
9
56
131
206
807
920
887
398
2 580
4, 143
1,225
592
165
g£4
281
427
r 2 105
r 105
r 2 588
- 4, 083
115
809
735
42
560
114
815
738
42
560
11 126
2,942
8 1 84
11 753
2,959
rl 1 O Q9O
1 555
790
1 5S7
802
r2 1 £>AP,
do
do
do
do
do
do
10, 549
2,804
7 745
1 372
1,478
763
10 534
2,801
7 733
1 342
1 487
768
10 643
2,826
7 817
1 349
1 503
777
10 633
2,858
7 775
1 313
1 506
785
10 638
2,863
7 775
Finance, insurance, and real estate
Service and miscellaneous 9 . . .
Hotels and lodging places
Laundries
Cleaning and dyeing plants
do
do
do
do
do
2,161
5 674
480
329
157
6, 927
2,171
5 733
488
333
160
6, 881
2,206
5 775
514
338
161
6, 851
2,237
5 816
574
339
156
6,696
2,241
5 818
575
338
2, 223
5 791
509
2, 216
K 730
2,213
c 690
2,219
472
461
458
151
155
6,717
6,911
157
7,054
156
7,074
7, 315
do
do
do
do
48 882
16, 380
9, 405
6,975
49 242
16 545
9,523
7,022
49 514
IG' 688
9,627
7,061
49 638
16 635
9,618
7,017
49 718
16 061
9,615
7,040
49
16
9,
7,
do
do
do
do
do
do
do
743
2,502
3,946
10, 600
2,161
5,674
6 876
749
2, 539
4,000
10, 655
2,171
5,676
6 907
756
2,514
4,064
10,711
2,184
5,690
6 907
757
2,546
4,082
10, 765
2,204
5,730
6 919
747
2,519
4,106
10, 797
2,208
5,732
6 94S
12, 816
7,457
91
12, 882
7 530
90
13, 086
7 630
89
12, 951
7 499
89
13, 262
7 553
Total, adjusted f
Manufacturing
Durable-goods industries
Nondurable-goods industries
Mining .
_
Contract construction
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Service and miscellaneous
Government
Production workers in manufacturing industries:
Total (U. S. Dept. of Labor)!
thousands..
Durable-goods industries-.
do
Ordnance and accessories
do
1 315
1 499
788
88
0<?(3
10 909
2,909
8 000
l' 444
1 527
785
835
691
634
057
49 950
16 822
9,736
7,086
7r4
2,537
4, 135
10, 824
2,223
5. 705
6 966
751
2,512
4, 116
10, 801
2,227
5,730
6 991
13,373Q
7 62
87
13,446
7 729
84
16 962
9,826
7,136
4PO
576
469
107
914
2 422 r2 2 588
4,165 -2 4, 083
1 228
Wholesale and retail trade
_ _
Wholesale trade
Retail trade ? _ _
General-merchandise stores
Food and liquor stores
_
Automotive and accessories dealers
10 824
2,879
7 A 45
1 395
1 51*0
785
775
891
635
256
885
r
-2 2, 925
-I A 01 A
153
846
238
146
092
608
47 826
- 50 803 P 50 999
r 16 759 P 16 641
- 9, 783 p9,706
r 6 976
P 6 935
r 9 84.7
r
4, 120
- 2, 921
- 8, 001
p2,919
'811
-806
-804
P800
- 2, 238
r
2, 250
- 2, 265
- 2, 279
P 2, 295
-2 7, 033
- 7, 084
- 7, 122
2
r CC7
f i n Q^1
r
2, 926
555
990
387
603
564
48 933
r 107
o 669
- 4, 106
r
' 2, 924
- 2 816
913
078
678
400
834
Ifi QR7
r
7,109
p7. Ill
- 51,281
p51, 256
9,847
7,120
-2 9, 833
-27,111
-7,113
- 9, 703
-7,101
- 9. 785
- 7, 121
p 9, 727
p 7 , 107
2,493
4,132
10, 868
2,224
5,719
2,487
4,154
10, 946
2,230
5 714
-2 2, 876
-2 4, 145
211,083
-2 2, 261
-2 5, 952
-2 7, 042
- 2, 924
r
4, 131
-11,105
r
2, 273
r
5, 967
r
7, 068
r
783
- 2, 966
-4,127
-11,027
- 2, 276
- 5, 979
- 7, 095
- 797
- 2, 997
- 4, 127
-11,115
- 2, 279
- 5, 978
- 7, 082
P 802
p 3, 045
P 4, 143
"11,076
p 2, 295
P 5, 977
P 7, 084
13, 498
13, 464
2
r
13, 212
- 13, 125
-86
-84
-13,113
- 7, 671
-84
Pl2, 985
p 7, 586
p84
9, 766
7KA
7 S^Q
84
7 847
83
13, 260
r287
TIT
-, A^ u ;•- jXPan1ded sample of about 35,000 households in 330 areas. Data through April 1956 from the previous sample can be used as a continuous
5 with the estimates _
. „ May
_ _ _ _1956
_ _ but some allowance should be made for the sample expansion in interpreting April-to-May net changes. Figures for May 1956 based on former
sample, in order as shown above (thous.): 118,537; 70,604; 67,739;
i.5Q; 7^,160; 57,999;^2,580; 47,933. Beginning July 1955, estimates relate to the calendar week which contains the 12th of the
month
(except
December
1955
estimates
which
cover the week of Dec. 4-10); earlier data relate to the calendar week containing the 8th of the month
Digitized for *New
FRASER
series. Figures relate to establishments primarily engaged in local or long-distance trucking, transfer, and dra•aying
' services or in
. the
.. storage
.
of farm products and other goods.
SURVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1956
1955
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
April
May
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in mfg. industries — Continued!
Total (U. S. Dept. of Labor)— Continued
D urable-goods industries— Continued
Lumber and wood products (except furniture)
thousands- .
Sawmills and planing mills
do
Furniture and
fixtures
_
_do- .
Stone, clay, and glass products
do
Primary metal industries 9
do
Blast' furnaces, steel works, and rolling mills
thousandsPrimary smelting and refining of nonferrous
metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands .Machinery (except electrical) _ _ __
do
Electrical machinery
do
Transportation equipment 9
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 _
651
360
297
450
1,076
683
373
298
456
1,096
727
389
300
466
1,115
720
387
298
460
1,098
731
393
313
472
1, 112
726
387
320
479
1, 134
716
381
323
478
1, 135
696
372
323
477
1,151
531
544
557
560
564
568
559
564
568
54
54
55
44
51
55
55
55
55
868
1,164
804
1,462
789
518
107
41
218
376
877
1,174
809
1,456
789
509
109
42
211
379
884
1,182
816
1,447
782
503
113
41
220
385
863
1,160
802
1,420
761
502
108
42
219
372
877
1,155
818
1,379
722
501
105
43
220
388
894
1,149
855
1,357
689
510
103
46
223
400
904
1,194
885
1,378
711
512
101
46
225
407
912
1,213
870
1,484
811
519
99
46
225
405
908
'1913
'899
1,236 ' ! 1, 261 '1,274
872
••1854
'849
1,511 'i 1,449 ' 1, 392
825
525
104
48
226
'231
'1230
395
' 1392
'400
'893
'895
' 1, 281 ' 1, 294
'842
'876
' 1, 354 ' 1, 329
'232
'394
p 231
p393
5,359
1,011
246
78
142
169
114
5,352
1,035
251
83
149
171
118
5,456
1,089
255
89
183
174
122
5,452
1,150
257
90
233
174
129
5,709
1,250
259
88
327
172
127
5, 750
1,245
263
83
325
173
122
5,717
1,191
265
78
260
175
120
5,659
1, 130
269
75
201
175
116
5,617 ' i 5, 509 ' 5, 520
1,071 ' i 1, 022 ' 1, 013
270
73
159
175
112
' 5, 504 ' 5, 442
' 1, 021 ' 1, 022
v 5, 399
p 1 036
80
983
446
196
80
965
431
197
82
974
433
202
79
954
429
194
105
986
440
206
114
989
438
208
113
991
439
210
101
998
441
211
1,057
441
223
1,041
444
223
1,058
451
226
1,025
448
227
1,101
459
229
1,115
462
229
1,123
464
229
1, 135
465
232
516
551
214
173
132
211
89
337
222
516
550
215
175
134
216
90
331
218
521
545
217
176
135
219
91
342
225
518
542
219
177
135
216
92
342
225
520
543
218
176
134
217
91
351
229
530
553
218
174
132
223
92
346
224
535
557
218
172
130
226
92
344
222
539
557
218
171
130
231
94
332
211
Production workers in manufacturing industries, adjusted:
Totalf
thousands.- 12,934
7,443
Durable-goods industries
do
Nondurable-goods industries
.
_ do _ . 5,491
13, 081
7,549
5,532
13, 200
7,634
5,566
13, 119
7,609
5,510
13, 127
7,592
5,535
13; 160
7,614
5,546
13, 270
7,701
5,569
13,412
7,797
5,615
104.1
105.8
105.8
106.7
104.7
106.1
107.2
106.1
108.1
106.4
108.7
107.3
109.1
108.4
2, 132. 9
207.7
2, 157. 4
211 3
2, 161. 3
211.9
2 164 5
211 5
2, 146. 9
209 2
2, 146. 1
209 6
1,081
1,109
1,121
1,126
1,122
1,115
1,107
1, 103
81.6
80.5
83.7
81.9
84.6
82.8
85.0
83 5
84.7
84.5
84.2
86.0
83.6
85.5
83.0
84.8
150.1
152.1
151.0
154.6
158.7
161.2
163.9
Nondurable-goods industries
Food and kindred products 9
Meat products
- Dairy products
Canning and preserving
_ _ _
Bakery products
Beverages
do ._.
do
- do
do
do
do
do
Tobacco manufactures
do
Textile-mill products 9
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
thousands -.
Paper and allied products
do
Pulp paper and paperboard mills
do
Printing, publishing, and allied industries
thousands. .
Chemicals and allied products
__do.-.
Industrial organic chemicals
do
Products of petroleum and coal
do._Petroleum refining
do
Rubber products
-do
Tires and inner tubes
do
Leather and leather products
._ do Footwear (except rubber)
do
Production workers in manufacturing industries :
Indexes of employment:!
Unadjusted
1947-49=100..
Adjusted
do _
103.6
104.6
Miscellaneous employment data:
Federal civilian employees (executive branch):
2, 127. 4
United States continental
thousands
207 3
Washington D C metropolitan area
do
Railway employees (class I steam railways) :
1,040
Total
thousands _
Indexes:
78.4
Unadjusted
1947-49 = 100
79.5
Adjusted
do
665
'1635
362
321
'1 322
470
' i 468
1,160 '11,141 '
97
999
443
207
'635
'619
'636
p654
'322
'466
1, 138
'318
'472
' 1, 130
'315
'478
' 1, 139
p310
p 478
p 1, 121
'231
'398
'82
P876
p 1 280
v 873
p 1 285
' 90
'989
'981
' 79
'972
P 79
p963
1, 139 'il,105
' 1, 131
463
' i 458
'456
231
' 1, 116
'457
' 1, 070
'460
p 1, 045
p 460
P546
p 559
'195
'1991
537
559
220
170
130
234
95
348
228
'1538
' i 556
'540
'558
'545
'566
'547
'570
n 171
' 170
'172
' 173
P 172
' i 230
'225
'22l
'219
p215
' i 345
'350
'344
'332
p325
13, 399 '113,356 ' 13, 263 ' 13, 158 ' 13, 254 p 13, 170
7,803 ' i 7, 770 ' 7, 681 ' 7, 594 ' 7, 674 P 7, 605
5,596 ' i 5, 586 ' 5, 582 ' 5, 564 ' 5, 580 P 5, 565
108.9 ' 1 107. 2
108.3 ' 1 108. 0
106.9
107.1
2, 142. 2 22,410.0 '2, 130. 0
207.6
209.6
2 214.6
2, 134. 0
207.9
r
' 106. 1 ' 106. 0
' 106. 4 ' 107. 2
2, 135. 8
207.9
P 105. 0
p 106. 5
2, 142. 1
207.8
' 1, 075
1,075
1,082
81.1
80.3
80.7
80.8
p 80. 7
p81. 4
P83.0
p82. 3
163.9 ' { 159. 1
157.9
' 157. 9
' 158.2
p 155. 5
40.5
41.0
41.6
40.4
'40.9
'41.3
'40.3
'41.1
'41.7
P40.0
p40. 6
Ml. 7
' 40.0
39.6
'39.7
P40.0
41.1
'41.0
'41.1
'41.0
41.0
'41.0
'40.3
41.1
41.2
p 39.8
Ml. 2
P40. 9
41.1
42.6
41.0
42.4
1,078
PAYROLLS
Manufacturing production-worker payroll index, unadjusted (U. S. Dept. of Labor)t
1947-49=100..
146.7
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :f
41.2
40.3
40.4
41.1
41.3
40.8
40.9
140.7
40.7
40.6
All manufacturing industries
._
_ _ _ hours
41.2
41.6
i 41.2
40.9
41.8
42.0
41.4
41.2
41.1
41.7
Durable-goods industries ...
do. _
40.4
41.3
40.9
40.3
41.3
40.6
40.8
141.3
41.0
41.0
Ordnance and accessories
do
Lumber and wood products (except furniture)
40.4
40.5
40.4
41.0
i 40.2
41.5
41.0
41.1
41.0
41.8
hours. _
42.1
41.4
40.6
41.4
40.9
41.5
41.6
41.7
42.5
Sawmills and planing mills
do
40.3
40.6
42.4
42.0
42.3
40.7
42.3
'
i 40. 8
41.6
42.0
Furniture and
fixtures
do
41.6
41.9
41.3
i 40.9
41.3
41.9
41.9
41.9
41.8
41.9
Stone, clay, and glass products
.
do
41.2
41.6
41.9
41.6
40.6
40.5
41.6
41.5
41.8
141.9
Primary metal industries 9 -.
.. do. _.
Blast furnaces, steel works, and rolling mills
40.5
40.9
40.1
41.4
40.7
41.3
39.9
40.6
hours
41.0
Primary smelting and refining of nonferrous
41.1
41.4
41.2
41.4
40.6
40.5
40.7
38.8
metals
hours
40 5
Fabricated metal prod, (except ordnance, ma41.9
41.2
41.2
42.2
41.9 ' i 40. 9
41.6
41.8
41.3
chinery, transportation equipment)
hours. .
41.6
42.4
43.2
42.1
42.1
41.4
41.6
42.3
41.6
142.7
42.1
Machinery (except electrical)
...do
2
' Revised.
p Preliminary.
i Not strictly comparable with earlier data; see note marked "f on p. S-ll.
Includes temporary Post Office
season; there were about 280,000
such employees in continental U. S. in December 1955.
fSee note marked "f" °n P- S-ll.
9 Includes data for industries not shown.
P40.7
Ml. 8
employees hired during Christmas
'41.1
'42.5
SUEVEY OF CURRENT BUSINESS
June 1956
S-13
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc.—-Continued t
All manufacturing industries— Continued
Durable-goods industries— Continued
Electrical machinery
hours
Transportation equipment 9
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
40.6
42.1
43.5
40.7
39.6
40.0
40.3
40.1
40.8
42.7
44.3
41.0
39.9
40.1
40.6
40.5
40.6
40.3
40.0
41.0
39.8
40.7
40.8
40.5
39.8
41.7
42.5
41.2
39.1
40.5
40.2
39.7
40.6
41.1
41.5
41.0
39.1
40.9
40.6
40.3
40.3
41.2
41.3
41.4
39.5
40.8
41.2
40.9
41.6
41.5
41.9
41.5
39.0
39.8
41.4
41.3
41.6
42.7
44.1
41.6
38.2
40.3
41.5
41.1
41.5
41.9
42.1
42.2
39.7
41.2
41.4
41.2
240.9
240.6
40.6
'39.9
'40.7
40.4
'41.1
'40.5
P40.8
^39.2
240.8
240.5
41.0
'40.6
'40.8
'40.4
'41.2
'40.5
P41.1
P40.3
Nondurable-goods industries
_do
Food and kindred products 9 _
...do .
Meat products
do
Dairy products
_ _ _ _ _ _ _ . _do Canning and preserving
._. do
Bakery products
- do
Beverages
do...
39.0
40.3
40.0
43.0
37.7
40.3
40.5
39.6
41.1
41.3
43.8
38.3
41.1
40.7
39.9
4L5
41.3
44.0
39.3
41.4
40.7
39.7
41.9
41.7
44.8
39.7
41.4
42.2
39.9
41.1
41.6
43.7
39.2
40.9
41.4
40.1
41.7
42.9
43.5
39.9
41.2
40.9
40.3
41.6
42.8
42.9
39.9
41.0
40.0
40.3
41.5
44.5
42.5
36.5
40.9
39.9
40.4
41.8
44.5
42.6
38.3
40.8
39.9
239.9
241.5
39.8
'40.7
39.6
40.6
'39.2
'40.2
"39.1
P40.4
36.4
38.7
39.1
36.3
38.8
39.5
40.0
37.5
39.4
39.8
40.0
38.1
38.3
39.6
40.3
37.7
39.2
40.2
40.7
38.6
40.4
40.5
41.0
38.5
41.0
40.8
41.2
39.4
38.4
41.2
41.6
39.6
39.2
41.2
41.8
38.9
' 2 38. 1
240.4
'36.6
40.5
37.8
39.9
'37.8
'39.3
P37.8
^38.9
35.6
42.5
43.7
36.3
42.9
44.0
36.6
43.0
44.1
36.0
43.1
44.5
36.9
43.2
44.4
36.8
43.6
44.5
37.2
43.5
44.6
37.0
43.5
44.9
37.1
43.6
45.1
' 2 36. 5 37.4
243.1
'42.7
'36.7
'43.0
'36.3
'42.7
^35.8
P42.5
38.5
41.3
40.9
41.0
40.7
41.8
42.4
36.6
36.0
38.7
41.3
41.0
41.4
41.0
42.0
42.1
36.7
36.0
38.7
41.4
41.1
41.2
40.6
42.3
43.1
37.9
37.5
38.7
41.2
40.9
41.3
40.8
41.3
42.7
37.7
37.4
38.9
41.2
40.8
41.0
40.4
41.3
42.1
38.3
38.1
39.3
41.5
41.1
41.3
40.8
41.5
41.4
37.2
36.3
39.1
41.5
40.8
41.6
41.4
42.0
42.0
37.6
36.6
39.1
41.7
41.3
41.0
41.0
42.4
42.0
37.9
37.0
39.6
41.8
41.4
41.0
41.0
41.3
39.8
39.1
38.8
41.1
28.8
37.2
42.2
30.8
37.4
42.2
35.1
39.0
41.2
35.5
38.2
42.1
33.5
37.5
42.8
33.9
36.5
42.8
35.7
37.4
42.4
32.9
36.1
40.2
43.9
36.0
38.2
35.4
41.2
45.3
37.4
40.2
36.7
40.1
45.3
37.7
41.2
36.7
40.8
45.4
38.2
42.1
37.2
40.1
45.8
37.7
41.6
36.7
40.8
45.9
38.5
42.8
37.4
41.0
45.6
37.4
41.4
36.3
43.0
39.4
42.0
40.9
43.3
39.8
42.3
41.0
43.9
39.4
42.3
41.1
43.2
40.0
42.2
41.4
43.3
40.2
42.4
41.6
43.0
40.1
42.4
41.4
Tobacco manufactures
Textile-mill products 9
Broad-woven fabric mills
Knitting mills
do
do
do
do ...
Apparel and other finished textile products
hours..
Paper and allied products..
__
do
Pulp, paper, and paperboard mills
..do
Printing, publishing, and allied industries
hours ..
Chemicals and allied products.
do
Industrial organic chemicals. _
.do
Products of petroleum and coal .
do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
.__
_do
Leather and leather products
_
do
Footwear (except rubber)...
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production, .hours _.
Nonmetallic mining and quarrying
do
Contract construction
do
Non building 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) 9
hours ..
General-merchandise stores-do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
do_ __
Laundries
do
Cleaning and dyeing plants
do
Industrial disputes (strikes and lock-outs) :
Beginning in month:
Work stoppages
number. .
Workers involved
.
thousands
In effect during month:
Work stoppages
number
Workers involved-..
thousands..
Man-days idle during month
do
'
238.7
241.4
38.6
'41.3
'39.0
41.2
'38.8
'41.3
P38.9
^41.2
241.3
'40.7
'41.2
'41.2
P40.7
240.7
40.1
39.5
'40.1
MO. 3
239.0
39.5
'38.2
'36.6
^36.7
42.9
34.6
39.6
' 2 43. 2
235.1
238.6
42.5
'33.3
38.5
40.4
44.8
35.5
38.6
34.7
40.4
44.0
36.7
39.5
36.1
242.0
?
43.0
' 22 35. 6
38.5
235.1
'40.3
'43.5
'36.0
'38.7
'35.5
42.4
39.9
42.2
41.6
42.9
40.2
41.9
41.5
43.7
39.7
42.0
41.4
242.5
239.4
2
41.7
241.4
'42.8
'39.1
41.6
41.1
40.3
40.6
40.6
40.9
40.6
40.7
40.7
40.7
40.8
240.6
'40.3
38.6
34.7
37.6
44.2
38.8
34.6
37.7
44.1
39.1
35.4
38.3
44.2
39.7
35.9
39.1
44.1
39.6
35.7
39.1
43.8
39.1
35.0
38.4
44.0
38.7
34.8
38.1
43.7
38.5
34.5
37.8
43.7
39.4
37.1
37.9
44.0
238.6
235.0
237.3
243.7
'38.5
'34.9
'37.3
'43.6
41.6
40.3
39.7
41.2
40.8
41.0
41.3
40.4
40.1
41.3
40.6
39.2
41.6
40.0
38.5
41.2
40.3
40.3
41.5
40.6
40.2
41.6
40.3
39.5
41.6
40.5
39.6
241.2
240.3
238.8
'41.0
' 40. 1
'38.7
'1352
'1211
'432
r 177
'506
'487
'464
'637
'496
'236
'453
'234
'431
'214
'242
' 84
'150
'61
250
85
250
70
250
50
350
140
' 1497
'616
'1308
'324
i 2, 730 ' 2, 820
'734
'593
'3, 380
'718
'776
' 3, 320
'740
'384
' 3, 060
350
190
2,000
350
190
2,200
350
175
2,000
450
210
1,500
514
603
622
587
504
431
432
402
450
504
969
'1,113
877
'980
725
'875
794
'800
937
'881
1,193
' 1, 144
1, 349
1,049
936
' 1, 491 ' 1, 535 ' 1, 472
984
' 1, 359
924
91, 602
839
92, 834
763
83, 169
672
70, 091
685
74, 674
861
95, 153
1,202
135, 722
1,219
133, 926
32
59
68
6,764
37
60
70
7,681
24
47
62
6,528
20
35
42
4,243
27
37
40
4,132
32
47
51
5,230
36
58
66
6,726
U.S. Employment Service placement activities:
Nonagricultural placements. _ _
thousands..
480
542
548
Unemployment compensation, State and UCFE programs (Bureau of Employment Security):
Initial claimscf
thousands..
1,009
910
898
' 3 1, 500 ' 1, 289 ' 1, 144
Insured unemployment, weekly averagecf
do
Benefit payments:
Beneficiaries, weekly averaged1
do
1,345
1,136
1,057
Amount of paymentscf
.thous. of dol._ 135, 779 117, 402 108, 861
Veterans' unemployment allowances:
Initial claims
thousands
25
25
40
Insured unemployment, weekly average
do
69
55
56
Beneficiaries, weekly average
do
86
66
64
Amount of payments
thous. of dol..
8,423
6,739
6,606
'654
'717
'381
'292
' 2, 770 ' 2, 470
'451
'303
'201
' 178
' 2, 630 ' 2, 340
1,309 '1,313
143, 923 '151,998
29
61
73
7,050
'25
57
72
' 7, 274
p 1,237
20
44
59
5,722
Labor turnover in manufacturing establishments:
Accession rate
monthly rate per 100 employ ees_.
3.5
3.8
3.4
4.3
4.5
4.4
4.1
3.3
2.5
3.3
3.1
3.1
^3.3
Separation rate, total.
_
do
3.1
3.2
3.4
3.2
4.0
4.4
3.5
3.1
3.0
3.6
3.6
••3.5
P3.4
Discharge
do
.3
.3
.3
.3
.3
.3
.3
.3
.2
.3
.3
.3
P.3
Lay-off
do
1.2
1.1
1.3
1.2
1.3
1.1
1.2
1.2
1.4
1.7
1.8
1.6
*1.4
Quit
.__
.do ...
1.5
1.5
1.6
2.2
1.5
2.8
1.8
1.4
1.1
1.4
1.3
1.4
*1.5
Military and miscellaneous
do
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
p .2
' Revised.
* Preliminary.
1 Revisions for January-February 1955 (units and order as above): Jan.—229; 49; 322; 69; 386; Feb.—255; 92; 347; 122; 610.
2 Not strictly comparable with
earlier data; see note marked "f" on p. S-ll.
3 March 1955 figure, including data for the UCFE program: 1,687,000 persons,
t See note marked "t" on p. S-ll
9 Includes data for industries not shown,
cf Data for the UCFE program are included in initial claims,beneficiaries, and benefit payments effective January 1955 and in insured unemployment effective March 1955.
SURVEY OF CURRENT BUSINESS
S-14
June 1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
April
May
June
1956
August
July
Septem- October Novem- December
ber
ber
January
February
March
April
May
EMPLOYMENT AND POPULATION—Continued
WAGES
Average weekly gross earnings (U. S. Department of
Labor) :f
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
74.96
81.58
82.42
76.30
82.78
82.82
76.11
81.99
83.44
76.36
82.62
82.62
76.33
82.61
82. 42
77.71
84.46
85.28
78.50
85.07
85.28
79.52
86.11
86.73
79.71
86.52
86.73
67.06
67.40
64.48
75. 17
68.47
69 64
64.71
76, 91
71.90
73 10
66.98
77.52
69.66
70.35
64. 96
77.23
72.21
72.83
68.46
77.93
70.93
71.62
69. 37
79.19
71.10
71.80
69.96
78.77
68.28
69.97
68. 88
79.04
68.47
69.89
69. 37
79.19
1
1
1
78. 55
84. 87
87. 56
78.17
84. 05
88.19
1
66. 73
r 66. 80
T
i
Tl
67. 32
78. 12
r
1
78.78
84. 25
r 88. 80
r
r
78. 99 p78 40
'r 85 49 P 84 45
90. 07 P 90 49
»• 67. 72
' 69. 48
* 70. 80
r
••66 90
79.32
P 66 47
p 79 93
r
96. 00
p 95 71
83.23
92 01
78 96
rr 83 84
9 2 65
r
80 56
P 83 03
P 91 12
P 80 38
89 38
'90 90
'91 53
P 88 59
80 36
r 69 43
80 38
r 69 89
r 81 58
67.82
77. 90
68. 47
78.31
Primary metal industries 9
.-.
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. .
Machinery (except electrical)
do
Electrical machinery
_
__do
89.40
90.69
91.30
92.57
91.94
97.39
96.10
96.10
97. 21
92.34
93.66
95. 12
98.65
96.96
103. 91
99.47
99.72
102. 01
81.61
82.62
82.62
84. 65
81.48
89.42
88.58
87.95
89.01
80.34
85.70
75.52
81. 54
87. 1 5
76.30
80.95
87. 57
75. 92
81.99
86. 11
74.82
82.78
86. 94
75. 92
84.02
88. 83
76.17
85.67
90. 10
79.46
85.06
91.16
79.46
85. 06
93. 31
79.68
Transportation equipment 9
Automobiles-- .
Aircraft and parts
__
Ship and boat buildinsr and repairs.
Railroad equipment
92. 62
97.88
87.10
83. 16
88.00
94.79
101.00
88.15
83. 39
88. 62
88.26
89.20
88.15
83.18
90. 35
92.99
97.75
89.40
81.72
90.32
92.06
95. 45
^8.97
83. 67
93. 25
93.11
96.23
90. 67
84.93
94. 25
94.21
98.47
91. 30
84.24
91.54
98.21
104. 96
91. 52
82. 51
93. 90
95. 53
98.09
93.26
86.15
96.41
do
do
75.76
65. 76
75 92
66.83
77 93
66 42
76 38
65.51
77. 55
66.50
79 52
68.30
80 32
69.38
80.93
69.46
80.73 179 97
70.04 r i gg 66
_-do _
do _ _ _
do
do
do
. do
do
65.91
70.12
76.00
70.95
57.68
68.11
81 41
67.32
71.51
79.30
72.71
56.68
69.87
82.21
67.83
71.38
79.30
73 04
55 81
70.79
82 21
67.89
72 07
' 80. 48
75 26
54.79
70.79
87 35
67.83
71.10
83. 62
72 98
56. 45
70.35
85.28
68.97
72.98
87.52
73 95
58 65
71.28
84 66
69.32
73. 63
87.74
72 07
59.05
71.34
82.00
70.12
74.70
94.34
71.83
53. 66
71. 98
82.19
70. 30
75.66
93.01
72. 42
57.83
71. 40
82, 59
69. 83
76. 36
69. 65
*• 74. 48
70.49
75.11
T
Tobacco manufactures
„ do
Textile-mill products 9 ---do
Broad-woven fabric mills
do ._
Kmttinp- mills
do
Apparel and other finished textile products
dollars-Paper and allied products
.
do..
Pulp, paper, and paperboard mills.do_ ..
Printing, publishing, and allied industries
dollars ..
Chemicals and allied products
do
Industrial organic chemicals
-do _ . _
50.60
53. 02
52.00
47.92
54.71
54.51
53.20
49.50
55. 55
54.92
53.20
50 29
54.00
54.25
53.20
49.01
50. 57
55.48
54.13
50.95
50. 50
56.70
56. 17
51.21
51.25
57.53
56.44
53. 19
51.46
58.50
57.41
53.86
54. 10 ' 1i 52. 96
58. 50
57.37
57. 27
52. 52
r 50. 87
57.51
55. 57
57.06
>• 56 32 p 56 32
' 56. 20 P 56. 02
46.99
76.93
83.47
47.92
77.65
83. 60
48.68
78.69
85.11
47.88
79.30
86.78
49.82
79.92
87.02
50. 05
81.10
88. 11
50.59
81. 35
88.31
CO. 32
81.35
88. 90
50.83
81.53
89.75
r
i 50. 37
81.46
51.61
' 79. 85
'r 52. 48
81.27
r 51 . 55
T
P51.19
p 80. 75
89.71
81.36
87.12
90.95
81.77
86.51
90.95
82.80
87.54
90.95
83.22
87.94
91.42
82.81
86. 90
93.14
84. 25
89.60
92.67
83.42
88.13
92. 28
85.07
90.03
94.25
85.27
90.25
1
1
91.72
84. 87
91.87
r 84. 67
r 93. 60
84.46
r 93. 12
P 93. 75
p 86. 11
95.94
99.72
86. 53
102. 18
51.24
48.24
97.70
101.27
87.36
101. 88
51.75
48.24
97.23
100. 28
88.83
105. 60
53.44
50.63
99.53
102. 41
86.32
103. 33
52.40
49.74
97. 58
99.79
86.32
102. 72
53. 24
50.67
100. 36
102. 82
86. 74
101.02
52. 45
49.01
99.84
103. 09
89.04
103. 74
53.39
49.41
99.22
102. 91
92.01
106. 26
54.58
50.69
98. 40
102. 09
89.21
99.50
55. 91
53.16
1
99 95
r 99 72 r 103 82 r 104 55 p 102 16
86.31
74.88
93.00
89.46
77.62
93.87
90.73
87.40
98 28
91 46
86.27
95 50
94.73
85.76
94.50
96.73
85.77
96 73
97.58
93.53
99.86
96.25
83.90
96.03
97.81
88.23
105. 73
rl
98. 93
1
91.96
1
96.48
* 85. 58
103. 18
93 67
78.58
92.52
89.39
93.10
96 41
81.99
96. 12
94 07
96.52
93 03
82.90
96.89
96.41
96.89
96 29
83.99
98.94
99 36
98.95
92. 63
84. 73
98. 02
99.01
97.99
95.88
85.83
100. 87
102. 29
100. 61
96.35
84.36
98.36
99.36
98.01
94.13
82.43
94.08
92.64
94.04
94.13
80.96
97.62
95. 20
98.55
1
99. 96
1
80. 41
T l
95.
41
1
93.17
1
>• 97. 93
'81.35
r
96. 84
* 94. 43
' 97. 27
Instruments and related products
Miscellaneous irfg industries
Nondurable-goods industries
_ _
Food and kindred products 9 ...
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Products of petroleum and coal
Petroleum refining.
Rubber products
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
do_.
--do _.
do ._
do .
do
do
-do __
do
_ _ _ _ do
do-__
_
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:
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
P
1
h
d
'
Food and liquor stores
t
c\
do
—
79
71
78
84
98
71
54
66
76.17
57
40
60
80
51
60
54
00
Finance, insurance, and real estate:
59 00
Banks and trust companies
do
Service and miscellaneous:
40 35
Hotels year-round
do
40.70
Laundries
do
47.24
Cleaning and dyeing plants
do
r
Revised.
p Preliminary.
i Not strictly comparable with
f See note marked "f" on p. S-ll.
9 Includes data for industries not shown.
80
72
79
85
54
83
52
28
77.14
58
40
61
81
20
83
07
14
58 69
82
70
79
85
09
92
52
49
77.55
59
42
62
81
04
13
43
77
58 50
r
! 83. 03 r 83 02
92 44
92 66
78 94
78 36
1
1
1
i 87 91
1
96. 17
81
72
79
87
70
58
71
77
80 56
73 42
79.34
89 02
81 51
75.58
78.35
89.23
83 03
73 84
78.96
89.01
78.53
77.95
78.96
79.37
78.96
79.56
1
58
41
62
79
82
76
48
53
58 52
40.71
62.37
79 53
58 71
43 04
62.16
80 08
34
08
73
14
58 77
40 89
40 79
40 47
41.01
41.62
40.80
47.04
49.61
48.12
earlier data; see note marked
60
42
63
81
19
48
73
03
59
42
62
80
8
00
98
96
56. 55
104. 22
81 40
72 76
79.71
87 78
60
43
63
81
91 35
1
22
00
34
94
9
«• 95. 35
1
1
1
1
1
1
81
72
79
86
97. 63
r
' 82. 60
79. 58
r 78. 99
1
59. 44
r l
43. 05
1
61. 92
1
79. 10
*• 59. 29
r 42. 58
'61.92
r 78. 92
61. 72
"•61.61
59.09
60.25
60.49
60.83
1
40.77
40.40
45. 82
"f" on p.
41.20
40.70
48.36
S-ll.
41.50
41.01
48.24
41.60
41. 11
47.40
42.02
41.31
47.92
1
41.61
i1 41. 51
47. 34
r
85 81
*• 57 67
81. 60
73. 28
78. 40
89. 42
58.67
»• 95. 12
r 71. 94
78.21
88.37
Ml. 41
' 40. 90
' 47. 21
r
r 7Q 47
r 81 38
•p 70 12
70. 17 v 70. 38
' 74. 37 p 75. 14
80. 70
r 85. 49
84 93
r 86 22
p 86 65
56 92
r
p55 05
54 90
- _.
SURVEY OF CURRENT BUSINESS
June 1956
S-15
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
April
May
EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly gross earnings (U. S. Department of
Labor):!
All manufacturing industries
doilars.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
Primary metal industries 9
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. _
Machinery (except electrical)
do
Electrical machinery
_ _
do
1.86
1 98
2 03
1.87
1 99
2 03
1.87
1 99
2 04
1.89
2 02
2 05
1.88
2 01
2 04
1.90
2 04
2 08
1.91
2 04
2 08
1.93
2 06
2 10
1.93
2 06
2 IQ
i1 1. 93
2 06
i 2 12
1.93
2 05
2 12
1.95
2 06
2 15
1.66
1.66
1.60
1 82
2 17
1.67
1.67
1 59
1 84
2 18
1.72
1.72
1 61
1 85
2 20
1.72
1.72
1 60
1 87
2 28
1.74
1.73
1 63
1 86
2 27
1.73
1 73
1 64
1 89
2 33
1.73
1 73
1 65
1 88
2 31
1.69
1.69
1 64
1 90
2 31
1.67
1 68
1 64
1 89
2 32
i 1.66
2.28
2.29
2.32
2.46
2.43
2.51
2 45
2.45
2.47
2.01
2.03
2.04
2.09
2.10
2.16
2 15
2.14
2.15
1.95
2.06
1.86
1.96
2 07
1 87
1.96
2 08
1 87
1.99
2 08
1 88
1.99
2 09
1 87
2.01
2 11
1 89
2.03
2 13
1 91
2.03
2 15
1 91
1. 96
2 08
r 2 16
*>1.96
P 2 08
v 2 17
' 1. 75
"1.77
1 66
1 93
1.67
' 1.71
1 65
r i i 91
i 2 33
1 65
r 1 90
r 2 32
1 67
1 Ql
2 32
r 2
3
p 1 67
P l 94
p 2 34
2.03
2 if.
1 92
' i 2. 03
i 2 17
i i 93
'2.02
2 17
1 93
2.03
2 17
1 94
'2.04
2 ig
r i 96
P2. 04
P 2 18
P 1 97
"•2.24
'2.25
2.26
P 2 . 26
1 96
1.71
1 97
'1.73
1 98
1.74
p 1 98
pl.74
1 75
1 78
1 85
r 1 79
p 1 gO
p
1 86
1 47
1 43
r l 49
1 42
1 43
P l 49
P 1 44
1
Transportation equipment?
Automobiles ... .
___
Aircraft and parts
- __
Shin and boat building and repairs
Railroad equipment
do
do
do ...
do
do
2.20
2.25
2.14
2.10
2.20
2.22
2.28
2 15
2.09
2.21
2.19
2 23
2 15
2.09
2.22
2.23
2 30
2 17
2.09
2.23
2.24
2.30
2 17
2.14
2.28
2.26
2 33
2 19
2.15
2.31
2.27
2 35
2 20
2.16
2 30
2.30
2.38
2 20
2.16
2.33
2.28
2 33
2 21
2.17
2.34
i 2.25
Instruments and related products
Miscellaneous nrfg. industries
do
do
1.88
1.64
1 87
1.65
1 91
1.64
1 90
1.65
1 91
1.65
1 93
1.67
1 94
1.68
1 95
1.69
1 95
1.70
i i 96
' i 1. 72
do
do
do
do
do
do
do...
1.69
1.74
1.90
1.65
1.53
1.69
2.01
1 70
1 74
1 92
1.66
1 48
1.70
2.02
1 70
1 72
1.92
1.66
1.42
1.71
2.02
1 71
1 72
1 93
1.68
1 38
1.71
2.07
1 70
1 73
2.01
1.67
1.44
1.72
2.06
1 72
1 75
2 04
1.70
1 47
1.73
2.07
1 72
1 77
2 05
1 68
1 48
1 74
2.05
1 74
1 80
2 12
1.69
1.47
1.76
2.06
1 74
1 81
2 09
1.70
1 51
1 75
2.07
i i 75
i i g4
r i §3
1 *3Q
Nondurable-goods industries
Food and kindred products 9
Meat products _
Dairy products.,
_
Canning and preserving
Bakery products ...
Beverages. - - ..
r
r
9
1 85
Tobacco manufactures
do
Textile-mill products 9
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars. .
Paper and allied products
___ _ _ d o _ _ _
Pulp, paper* and paperboard mills.. . do __
Printing, publishing, and allied industries. .do
Chemicals and allied products
do
Industrial organic chemicals.
do. .
1 39
1.37
1.33
1.32
1 41
1 38
1.33
1.32
1 41
1 38
1.33
1.32
1 41
1 37
1.32
1 30
1 29
1 38
1.33
1.32
25
40
1.37
.33
1 25
1 41
1.37
1.35
1 34
1 42
1.38
1.36
1 38
1 42
1.37
1.35
r 1 i 09
1.32
1.81
1.91
2.33
1.97
2.13
1.32
1 81
1.90
2. 35
1 98
2.11
1.33
1 83
1.93
2.35
2 00
2.13
1.33
1 84
1.95
2.35
2 02
2.15
1.35
1.85
1.96
2.35
2 01
2.13
.36
86
.98
2.37
2 03
2.18
1.36
1 87
1.98
2.37
2 01
2.' 16
1.36
1 87
1.98
2.36
2 04
2.18
1.37
1 87
1.99
2.38
2 04
2.18
i 1.38
i i gg
1.38
1 87
1.43
1 89
'1.42
1 89
P 1. 43
P i go
12.37
i 9 o^
2.38
2.40
2 05
r
f) nr
P2.41
Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes.
Leather and leather products
Footwear (except rubber)
2.34
2.45
2.07
2.41
1.40
1.34
2.36
2.47
2 08
2.42
1.41
1.34
2.36
2.47
2 10
2.45
1.41
1.35
2.41
2.51
o Q9
2.42
1.39
1.33
2.38
2.47
2 09
2.44
1.39
1.33
2.43
2.52
2 0Q
2.44
1.41
1.35
2.40
2.49
2 12
2.47
1.42
1.35
2.42
2.51
2 17
2.53
1.44
1.37
2.40
2.49
2 16
2.50
1.4,3
1 37
i 2.42
-
'2.45
2.52
'2.54
P2.51
o 7c
r 9 1K
B
U.45
'1.46
1.49
1.50
P i . 50
2.10
2.60
2.50
2.12
2.52
2.51
2.15
2 49
2.52
2.22
2 43
2.50
2.25
2.56
2.52
2.26
2 53
2.65
2 28
2 62
2 67
2.27
2 55
2.66
2 28
2 55
2 67
i 2 29
i 2 62
i 2 70
2 27
2 57
2 68
2.33
1.79
2.57
2.34
2.63
2.34
1.81
2.57
2.34
2.63
2.32
1.83
2.57
2.34
2.64
2.36
1.85
2 59
2.36
2.66
2.31
1.85
2.60
2.38
2.67
2.35
1.87
2.62
2.39
2.69
2.35
1.85
2.63
2.40
2 70
2.33
1.84
2.65
2.40
2.71
2.33
1.84
2.66
2.41
2.73
1.86
1.82
1.87
2.07
1.86
1.83
1.88
2.08
1.87
1.80
1.88
2.08
1.88
1.80
1.88
2.10
1.88
1.81
1.88
2.11
1.90
1.81
1.88
2.12
1.90
1.84
1 88
2 14
1.90
1.88
1.87
2.15
1.90
1.86
1 88
2 15
2.123
3 318
2.148
3 342
do
do
do
do
do
do
Nonmanufacturing industries:
Mining:
Metal
.do
Anthracite
do
Bituminous coal. .
._
-do__ _
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod
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 __
__io _ _ _
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 dyeing 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
i 2.38
1 87
i 2 68
i 2 42
i 2 74
1
i
i
i
i
1.92
i g6
i g§
2 16
~
0
T
p 9 OQ
o -i c
2.43
1 87
f 2 44
r 2 74
r
1.93
1 84
1 88
2 15
1.89
1.90
1.91
1.92
1.92
1.94
1.95
1.94
1.95
t i 96
r 1 96
1.50
1.18
1.62
1.84
1.51
1.19
1.63
1.85
1.52
1.20
1.63
1.84
1.52
1.19
1.63
1.85
.53
.20
.64
.84
.52
.20
.64
.82
1.52
1.18
.65
.82
1.49
1.16
1.64
1.82
i 1 54
r 1 1 23
.54
22
.66
f
81
.97
1.01
1.19
.99
1.02
1.21
.98
1 01
1.20
.99
1.01
1.20
.98
1.01
1.19
.00
.01
1.20
00
01
.20
.00
.02
.20
1.01
1 02
1.21
1 01
1 03
1 22
2.025
3.190
2.050
3.207
2.059
3.227
2.073
3 247
2.087
3 264
2.087
3 271
2.093
3 286
2.094
3 289
2.097
3 290
2.107
3 298
2.117
3 309
2.117
3 310
.85
1.946
1.74
1.942
1.941
88
1.962
1.72
1.938
1 954
77
1 983
1.72
1.987
2 061
91
2 108
1.72
2 127
2 105
i 1 66
1
1 81
2. 40
r 9 07
r 2 69
1.49
1.17
1.61
1.81
' Revised.
p Preliminary.
i Not strictly comparable with earlier data, see note marked "t" on p. S-ll.
f See note marked "t" on p. S-ll.
9 Includes data for industries not shown.
§ Rates as of June 1,1956: Common labor, $2.168; skilled labor, $3.366.
i j 42
r
01
02
1 22
89
1.70
SURVEY OF CURRENT BUSINESS
&-16
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. ofdol._
Commercial paper
do
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm. :
Total
mil. of dol
Farm mortgage loans total
do
Federal land banks
do
Land Bank Commissioner
do
Loans to cooperatives
do
Other loans and discounts
_
do
Bank debits, total (344 centers)
New York City
6 other centers c?
-
. - - . do
do
- do
Federal Reserve banks, condition, end of month:
Assets totil 9
mil. of dol
Reserve bank credit outstanding, total 9 -- -do
Discounts and advances..
do. _
United States Government securities
do
Gold certificate reserves
_ do
Liabilities, total 9
Deposits total 9
Member-bank reserve balances
Excess reserves (estimated)
Federal Reserve notes in circulation
do .
do
do
do
do
Reserve ratio
percent
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 9
do. .Individuals, partnerships, and corporations
mil. of dol._
States and political subdivisions.
do
Interbank (demand and time)
.- _. do.__
767
623
686
572
655
572
650
593
655
580
671
564
662
547
642
542
642
510
624
573
667
588
660
560
628
508
318
835
2,651
1,421
1,421
0
336
894
2,670
1,436
1,436
0
341
893
2,663
1,451
1,451
0
357
855
2,641
1,464
1,464
0
386
791
2,604
1,477
1,477
0
392
735
2,592
1 497
1 497
325
792
2,605
1,408
1,408
0
319
878
374
721
o
2,617
1,516
1.516
0
374
727
2,670
1, 541
1,541
0
370
759
2,726
1,568
1,568
0
355
804
2,791
1,591
1,591
0
348
851
2,848
1,617
1,617
0
334
897
158. 2%
57, 634
34, 494
167, 714
62, 211
36, 570
177,917
67, 634
37, 569
161,748
58, 904
34, 123
167, 343
58, 980
35, 863
168, 967
62, 550
35, 126
175, 779
67, 568
35, 803
173, 190
63, 406
36, 876
200, 523
81 027
40, 193
187, 361
69, 675
40, 718
189,793
73,214
40,132
176, 760
65, 715
37,763
185, 580
69,452
38, 766
49, 913
24, 988
560
23,612
20, 985
49, 306
24, 780
460
23, 662
20, 988
49, 666
24, 601
128
23, 607
20,994
50, 488
25, 719
754
24, 091
20, 994
49, 880
24, 911
470
23, 760
20,993
50,243
25, 250
603
23,834
20, 994
50, 221
25, 430
706
24, 024
21.007
51, 197
25, 776
618
24, 256
21,002
52 340
26,507
108
24, 785
21, 009
50, 615
25, 122
852
23,466
21,010
50, 615
24, 920
632
23, 482
21,011
50,822
25,761
872
23, 636
21,036
50, 509
25, 307
1,204
23, 345
21, 051
50, 783
25, 377
1,160
23, 474
21, 085
49, 913
20, 158
18, 495
334
25, 496
49, 306
19,685
18, 221
192
25, 656
49, 666
19, 268
18, 066
-73
25, 868
50, 488
20, 451
18, 999
688
25, 945
49, 880
19, 532
18, 368
217
26,004
50, 243
19, 741
18, 423
211
26, 142
50, 221
19, 848
18, 565
172
26, 246
51, 197
19, 770
18, 474
57
26, 629
52, 340
20,355
19, 005
102
26, 921
50, 615
19, 881
18, 750
439
26,170
50, 615
19, 651
18,428
266
26, 029
50,822
20,311
18, 799
523
26, 098
50, 509
20,097
18, 784
M59
25, 971
50,783
19,904
18,773
P578
26,168
46.0
46.3
46.5
45.3
46.1
45.8
45.6
45.3
44.4
45.6
46.0
45.3
45.7
45.8
56, 969
56, Oil
56,156
55,865
55, 931
56, 306
56,394
56,900
58,882
57, 607
56.230
55,733
55,896
55, 521
57, 921
4,216
3,105
57, 624
4,361
3,148
57, 376
4,258
3,224
56,984
3,963
3,374
57, 523
3,990
3,256
58, 316
3,772
2,635
58, 130
4,055
2,876
59,475
3,971
2,870
62, 166
4,026
2,239
58, 946
4,399
1. 477
58, 326
4,319
2,391
57, 147
4,254
4,342
57, 224
4,632
3,343
57, 319
4,451
3,669
20, 319
20, 363
20,449
20, 333
20,385
20, 405
20, 513
20,367
20,527
20.416
20, 525
20,633
20,555
20,596
18, 969
1,142
12, 988
19, 037
1,113
12,974
19, 173
1,059
13, 058
19, 104
1,018
13, 339
19, 146
1,032
12,977
19, 210
993
13, 077
19, 356
952
13, 515
19,192
971
13,111
19, 354
969
13,882
19,251
963
12, 917
19, 331
992
12, 526
19,406*
1,032
12, 691
19, 304
1,072
12, 964
19, 378
1,041
12, 224
r
162,105
57, 413
35,143
r
r
In vestments 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
42, 960
41, 724
40, 798
40, 765
39, 716
39, 044
39, 124
38,006
38, 380
36. 953
36, 526
36, 258
35, 495
34, 824
33, 983
1,750
1,911
21, 682
8,640
8,977
33, 026
1,081
1,149
21,490
9,306
8,698
32, 076
1,019
743
21,313
9,001
8,722
31,975
1,160
932
21,077
8,806
8,790
30, 948
985
625
20, 965
8,373
8,768
30, 347
994
496
20,787
8,070
8,697
30, 559
842
1,196
20, 644
7,877
8,565
29,643
636
824
20,777
7,406
8,363
30, 122
1,535
910
20, 680
6,997
8,258
28,822
1,044
698
20, 230
6,850
8,131
28,272
910
586
20,103
6,673
8,254
27, 995
837
708
19, 926
6,524
8,263
27, 357
753
588
19,758
6,258
8,138
26, 873
679
544
19,468
6,182
7,951
Loans (adjusted), 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
Other loans
do. .
41, 818
22, 545
2,660
42, 440
22, 636
2,742
43, 674
23, 501
2,678
44,113
23, 550
2,775
44, 696
24, 171
2,467
45, 449
24, 660
2,406
46, 499
25, 303
2,689
47,331
26,014
2,605
48, 356
26, 673
2,852
47, 741
26, 290
2,625
47, 694
26,346
2,422
49, 373
27, 781
2,436
49, 953
28,053
2,412
49, 900
27, 784
2,435
1,108
7,570
8,652
1,155
7,719
8,910
1,190
7,873
9,153
1,190
7,993
9,340
1,184
8,120
9,492
1,194
8,257
9,669
1,245
8,073
9,926
1,248
8,188
10,015
1,271
8. 147
10,159
1,302
8,154
10.197
1,287
8,224
10,259
1,292
8,341
10, 373
1,298
8,430
10, 618
1,277
8,503
10, 756
Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
7 other northern and eastern cities
3.93
3.76
3.95
4.17
3.77
3.54
3.76
4.11
3.56
3.30
3.55
3.95
percent
do
do
3.93
3 75
3.93
4. 19
do
do
do
1.75
1.83
4.17
1.75
1.92
4.17
1.75
2.08
4.17
1.75
2.42
4.17
2.00
2.42
4.17
2.25
2.56
4.17
2.25
2.65
4.17
2.50
3.00
4.17
2.50
3.00
4.17
2.50
3.05
4.17
2.50
3.14
4.17
2.50
3.19
4.17
2.75
3.19
4.17
3.27
4.17
do
do
.-do
1.43
1.90
3.00
1.50
2.00
3.00
1.50
2.00
3.00
1.50
2.11
3.01
1.67
2.33
3.34
2.08
2.54
3.40
2.23
2.70
3.50
2.17
2.81
3.55
2.43
2.99
3.63
2.45
3.00
3.63
2.38
3.00
3.63
2.38
3.00
3.63
2.44
3.14
3.94
2.50
3.27
4.00
do
do
1.620
2 39
1.491
2.40
1.432
2.42
1.622
2.54
1.876
2.73
2.086
2.72
2.259
2.58
2.225
2.70
2.564
2.83
2.456
2.74
2.372
2.65
2.310
2.83
2.613
3.11
2.650
3.04
15, 764
2,052
15, 830
2,030
15, 985
2,008
16, 022
1,984
16,073
1,961
16, 190
1,943
16, 191
1,925
16, 295
1,908
16, 509
1,891
16, 584
1,869
16, 651
P 1.849
16. 795
p 1,829
16, 795
" 1, 807
16,900
30, 655
31,568
32, 471
32, 896
33, 636
34, 293
34, 640
35,059
36,225
35, 599
35, 272
35, 536
35, 962
23, 513
24, 149
24, 914
25, 476
26,155
26, 699
26, 963
27,247
27,895
27, 769
27, 784
27,964
28, 260
14, 095
12, 561
11, 482
13, 547
13, 929
11, 985
13, 038
Automobile paper
do
5,492
5,917
5,639
5,676
5,762
5,848
5,655
Other consumer-goods paper
do. ..
1,562
1,611
1,627
1,534
1,570
1,589
1,546
Repair and modernization loans
do
5,152
5,192
5, 324
5,311
5,005
5,063
5,257
Personal loans
do
r
Revised.
*> Preliminary.
c? Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
0 Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross.
§ For bond yields, see p. S-20.
14, 172
6,057
1,634
5,384
14, 312
6,435
1,641
5,507
14,314
6,318
1,610
5,527
14,397
6,209
1,599
5,579
14,565
6,137
1,599
5,663
14, 706
6,183
1,611
5,760
Discount rate (N Y F R Bank)
Federal intermediate credit bank loans
Federal land bank loans
Open market rates, New York City:
Acceptances, prime, bankers' 90 days
Commercial paper, prime. 4-6 months
Call loans, renewal (N. Y. S. E.)_.
Yield on U. S. Govt. securities:
3-month bills
3-5 year taxable issues
-
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of doL.
U S postal savings
do
CONSUMER CREDIT
(Short- and Intermediate- term)
Total outstanding, end of month
Installment credit, total
mil. of dol
do
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-17
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
FINANCE—Continued
CONSUMER CREDIT— Continued
(Short- and Intermediate- term)
Total outstanding, end of month— Continued
Installment credit— Continued
By type of holder:
Financial institutions total
mil. of dol- Commercial banks
do
Sales-finance companies
do
Credit unions
-- - --do
Other
do
Retail outlets total
Department stores
Furniture stores
Automobile dealers
Other
do
do
do
do
do
NoninstaPment credit total
Single-payment loans
Charge accounts
Service credit
By type of holder:
Financial institutions
Retail outlets
Service credit
--
21 980
9,656
8 087
1 458
2,779
22 605
9,871
8 422
1 495
2,817
23 101
10 060
8 667
1*528
2 846
23 324
10* 145
8 771
1*547
2 861
23 524
10 227
8 825
1 556
2 916
23 863
10 347
8 938
1* 580
2 998
23 862
10 360
8 936
1 565
3 001
3 386
1,138
834
437
977
3 431
1 150
842
457
982
3 482
1,160
851
481
990
3 496
1 155
856
501
984
3 550
1 167
871
523
989
3 598
1 191
878
538
991
3 639
1 203
889
546
1 001
3 723
1 251
90Q
550
1 013
4 032
1 423
3 907
1 374
1 097
1 052
956
556
925
556
23 979
10* 398
8 964
1*589
3 028
3 805
1 341
' 909
559
996
24 244
10 521
9 037
1 618
3 068
24 557
10 717
9 093
1 647
3 100
3 720
1 284
3 703
1 286
894
564
978
885
569
963
7,142
7 419
7,557
7 420
7 481
7 594
7 677
7 812
8 330
7 830
7 488
7 572
7 702
2,496
2,859
1,787
2 589
3,011
1 819
2,686
3,040
1,831
2 595
2,991
1 834
2 629
3 019
1 833
2 657
3 108
1 829
2 666
3 218
1 793
2 757
3 285
1 770
2 776
3 797
1 757
2 715
3 355
1 760
2 729
2*974
1* 785
2 839
2 933
1 800
2 876
2 996
1 830
do
do
__<1o
2,496
2, 859
1, 787
2 589
3,011
1 819
2,686
3,040
1,831
2 595
2,991
1 834
2 629
3 019
1 833
2 657
3 108
1 829
2 666
3 218
1 793
2 757
3 285
1 770
2 776
3 797
1 757
2 715
3 355
1 760
2 729
2*974
1*785
2 839
2 933
1 800
2 876
2 9%
1 830
__do
-- do
do _ _
do
3,089
1,512
703
874
3 206
1,616
741
849
3, 443
1,766
766
911
3,131
1,594
711
826
3 436
1 745
793
898
3 241
1 592
783
866
3 051
1 417
785
849
3 103
l'341
850
912
3 508
1 369
1 090
1 049
2 724
1 248
2 769
1 296
'g27
3 114
1* 450
3 163
1 406
687
977
780
977
do
do
do
-do
2,550
1,083
690
777
2 570
1, 113
678
779
2,678
1,190
682
806
2 569
1,117
674
778
2 757
1 236
707
814
2 697
1 210
697
790
2 787
1 251
716
820
2 819
1*264
710
845
2 860
1 229
2 850
1 246
9 Q*}4
2 867
1 265
do
do
do
...do ..
3,027
1 411
738
878
3, 103
1 525
738
840
3, 179
1,589
757
833
3,136
1 519
794
823
3 211
1 566
773
872
3 290
1 620
759
911
3 075
1 474
724
877
3 185
1*435
805
945
3 185
1 503
do
do- _ _
do
do
2,552
1,093
672
787
2,635
1 139
687
809
2,612
1, 166
678
768
2,611
1 133
706
772
2 713
1 197
718
798
2 691
1 175
694
822
2 774
1 233
' 718
823
2 830
1 281
' 698
851
2 747
1 228
4 941
3,732
51
3,976
795
119
6 119
4,438
56
4,849
939
276
11 279
10, 125
57
9,921
989
311
3 089
2,765
54
1,924
877
234
5 848
4 734
55
4,459
945
390
6 180
5 498
57
4,968
947
208
2 998
2 692
62
1,873
890
173
5 527
4 662
65
4,215
1 008
240
5 337
4 889
5,228
355
383
2 3, 382
1,108
5,356
443
381
2
3, 346
1,187
5,382
592
361
3,046
1,383
6 225
522
428
3 583
1 692
5 340
529
353
3,512
946
5 355
542
359
3 293
1 161
5 172
542
423
3 109
1 099
Installment credit extended and repaid:
Unadjusted:
Extended total
Automobile paper
O ther consumer-goods paper
All other
.
Repaid total
Automobile paper
Other consumer-goods paper
All other
21, 432
9,495
7 747
1,434
2,756
- do
-
Repaid total
Automobile paper
Other consumer-goods paper
All other
Adjusted:
Extended total
Automobile paper
Other consumer-goods paper
All other
---
20 718
9,228
7 390
1 395
2,705
__do
do
- do
-
20 127
9,020
7 077
1,360
2,670
712
919
792
890
643
833
760
844
3 211
1 451
690
829
846
2 754
1 213
*736
805
759
893
734
868
3 192
1 473
1' ^fin
2 988
3 227
1 358
719
909
1 020
823
937
751
968
2 939
1 275
2 845
1 266
*735
770
894
1 282
9 7Qfl
79fi
849
2 987
1 328
744
915
844
84Q
7 158
6 195
11 313
57
59
5 562
4* 082
5,959
11, 344
4 461
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts net
-Customs
-Income and employment taxes
Miscellaneous internal revenue
All other receipts
Expenditures total
Interest on public debt
Veterans' services and benefits
Major national security
All other expenditures
- -
mil. ofdoLdo
do
...do
do
do
do
do
do
do
- - ---do
Public debt and guaranteed obligations:
Gross debt (direct) end of month total
- do _ 276 649
Interest bearing total
_ _ d o _ - - 273 924
232, 233
Public issues
- --do
Special issues
_.do __
41 691
Noninterest bearing
do _ _
2,725
Obligations guaranteed by 17. S. Government, end
of month
.mil. of doL.
37
U. S. Savings bonds:
Amount outstanding end of month
do
58 639
535
Sales series E through K
.. do
682
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 homeowners
do
Foreign loans.
do
All other
-____-do
Commodities, supplies, and materials
U. S. Government securities
Other securities and investments
Land, structures, and equipment
All other assets
Liabilities, except interagency, total_--__.
Bonds notes, and debentures..
_
Other liabilities
Privately owned interest.
__
U, S. Government interest
__
_
do
do
do
_ _ _ _ d o ...
do
do
do
do
do.._
do
1
2
6,753
1 476
398
4, 146
733
472
804
563
240
668
274 374
271, 741
228, 491
43 250
2,633
43
44
42
43
58 641
488
581
58 643
496
619
58 672
494
589
58 703
487
543
277
274
232
42
2
277
274
231,
43
2
584
955
615
340
629
278
275
231
44
2
309
711
472
238
598
277
274
230
43
2
476
879
988
891
597
818
277
619
657
541
280 136
277*628
233 615
44 013
2 508
48
48
58 532
462
722
58 494
451
574
279
277
233
43
2
56
3,962
879
440
4 915
4 684
59
3,727
853
275
5 651
5 274
595
406
3 451
1 19Q
280
277
233
43
2
625
401
3 005
1 243
9ftO 04.Q
769
799
873
926
970
277 170
933 584
43 585
2* 879
53
53
53
58 501
438
526
58 548
58 193
' 645
1 126
A.P.P.
545
40,639
18,927
6,362
3,095
8,032
1,932
41, 183
19, 061
5,853
3,122
8 025
2,472
45 303
20, 238
6 715
3 205
7 988
2,598
3,475
3,108
3,430
7,821
3,878
4,129
2 909
3,414
7,799
3 871
4,356
3 236
3 414
7,822
6 238
4,900
4 141
5 125
1,881
2,128
2,423
3,019
2 012
2 703
568
583
596
35, 171
36,460 1
39, 583
' Revised.
* Preliminary.
» Effective with the fiscal year ended June 30,1965, changed from a due and payable basis to an accrual basis.
2 Not entirely comparable with data beginning July 1955.
944
198
4 950
553
•P 398
3 214
786
9QA
I AQ
277 295
233 607
A*} RQQ
2 814
CO
CO
1 CA
CAA
660
12 499
963
133
5 399
*559
v 400
P 3 284
v 1 156
276 345
273 481
229 746
43* 736
2 863
59
894
147
5 387
565
P 406
P 3 232
P 1 185
275 789
273* 078
229 689
43 389
o' 711
276
273
229
44
2
729
977
637
339
752
59
re
62
58 169
CQ -I 07
ccq
58 110
571
571
518
604
AK-I
SUKVEY OF CUEEENT BUSINESS
S-18
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U. S. life insurance companies
mil. of dol .
Bonds (book value), domestic and foreign, total
mil. of dol. .
U S Government
do
State, county, municipal (U. S.) _
do _
Public utility (U. S.)
do
Railroad (U. S.)
do _
Industrial and miscellaneous (U. S.) _. _ do_ ..
Stocks (book value), domestic and foreign, total
mil. of dol__
Preferred (U. S.) .
do
Common (U. S )
do
Mortgage loans, total
_ _
._ do
N on farm
do
Real estate
do
Policy loans and premium notes .
do
Cash
_ . _
do
Other assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):©
Value, estimated total
mil. of dol
Group and wholesale
do
Industrial
do
Ordinary, total
_ _
do ...
New England
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
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
thous. of dol
Death benefits
do ._
Matured endowments
~
do
Disability payments
do _
Annuity payments
do
Surrender values
-~- - do
Policy dividends
do
Life Insurance Association of America:
Premium income (39 cos.), quarterly total
do ._.
Accident and health
_ _ _ -- -_do
Annuities
do
Group
-- -do _
Industrial
do
Ordinary.
-do. ._
i 86, 061
86, 515
86, 967
87, 636
88, 087
88, 529
89, 016
89 491
90, 219
90 842
91 240
91,543
92, 025
46,900
9,105
1,965
13, 205
i 3, 724
16, 395
47, 005
9,058
1,956
13, 203
3,774
16, 519
47, 087
9 046
1,957
13, 236
3,771
16, 594
47, 350
9 096
1,979
13, 309
3 771
16, 732
47, 414
9 179
1,979
13, 319
3,776
16, 704
47, 578
9 129
1,983
13, 366
3,786
16, 858
47, 742
9 027
1 990
13, 400
3 877
16, 985
47, 743
8 891
1 987
13 457
3 871
17 070
47, 690
8 546
1 998
13, 533
3 847
17, 292
47, 967
8 393
2 125
13, 579
3 840
17 522
48, 036 r 4.8, 008
8 045
8 236
2, 153
2 144
13, 618
13 614
3 873
3 849
17, 798
17 680
48,164
8 085
2,153
13, 653
3 852
17, 900
2, 791
1, 073
26, 949
24, 824
i 2, 381
3,177
1,027
1
2, 836
2,787
1,696
1,084
27, 217
25, 067
2,407
3,190
1,067
2,842
2,829
1,709
1, 112
27, 483
25, 310
2,420
3,207
1,064
2,877
2,869
1,724
1 137
27, 748
25 551
2,453
3 230
1 094
2 892
2,875
1,728
1 139
28, 001
25 787
2,471
3 245
1,169
2 912
2,870
1,720
1 142
28, 250
26 025
2,492
3 260
1,142
2 937
2,879
1,719
1 152
28 563
26 320
2 506
3 271
1 133
2 922
2,899
1 731
1 160
28 868
26 613
2 523
3 283
1 200
2 975
2,923
1 720
1 192
29 433
27 166
2' 557
3 293
1 254
3 069
2,930
1 719
1 199
29 800
27 526
2 568
3 307
1 167
3 103
2,948
1 727
1 210
30 102
27 799
2 589
3 324
l' 054
3* 187
2,977
1,729
1 237
30 383
28 055
2 609
3 345
1 040
r
3 181
2, 980
1,729
1 239
30, 651
28 301
2,624
3 365
1,067
3 174
5,645
2,602
540
2,503
162
578
524
201
296
109
240
96
298
3,641
452
607
2,582
174
597
539
205
310
110
241
101
304
4,026
711
570
2,745
186
641
567
230
325
112
258
102
324
3 588
647
528
2,413
154
546
514
206
289
102
224
92
285
3,674
568
540
2,566
154
540
555
214
320
111
251
100
321
3,746
833
561
2,352
147
499
508
201
290
105
229
91
281
3 710
579
571
2 560
163
573
562
202
319
109
234
102
296
4 598
1,336
549
2,713
177
617
586
211
338
123
243
102
317
5 857
2 258
511
3 088
192
680
665
248
363
129
292
136
383
3 742
847
450
2,445
168
586
535
194
285
104
222
89
262
3 707
595
524
2,588
179
607
562
200
314
111
238
92
285
4 612
1 022
587
3 003
196
698
651
235
366
132
274
113
339
4 208
844
527
2,837
176
630
608
216
365
132
274
106
330
419, 386
180, 933
45,512
9,064
33, 921
73, 970
75, 986
439, 941
187, 324
50, 619
9,171
36, 427
76, 500
79, 900
444, 925
183, 192
50, 254
9,236
38 655
75, 608
87 980
398, 481
167, 650
44 147
8,659
35 454
66, 159
76 412
442, 123
199, 661
48 500
9,062
36 983
76, 312
71 605
421 191
180, 095
44 423
8,674
38 327
67, 737
81 935
1 1,711
1
2,058,101
293, 953
236, 984
201, 277
218, 293
1,107,594
425
182
51
8
39
73
69
367
028
605
800
519
861
554
435 673
189, 453
53 464
9,207
39 485
71, 667
72 397
2,069,637
299, 608
255 004
207, 207
216 461
1,091,357
555
209
56
9
38
78
163
665
179
942
476
230
795
043
522
204
59
10
54
76
117
800
900
300
200
400
900
100
451
192
52
8
40
76
80
400
500
600
800
700
800
000
2,474,743
347 980
350 097
253 227
277 203
1,246,236
508
207
55
9
40
83
112
200
900
000
300
000
700
300
479 500
205 500
53 600
9 700
41 600
85' 200
83 900
2,284,452
328 935
277 697
253 108
245' 884
1,178,828
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S. (end of mo.)
mil. of dol- .
Net release from earmark§
_ do _
Exports
.
thous. of dol
Imports
do
Production, reported monthly total 9 do _
Africa
do
Canada
_ __ _
do __
United States
do
Silver:
Exports
do
Imports
do
Price at New York
dol. per fine oz_Production:
Canada©
thous. of fine oz.
Mexico
- - do
United States
do
Money supply Tend of month) :
Currency in circulation
.mil. of dol.
Deposits and currency, total
_ do
Foreism banks deposits, net
do
U S Government balances
do _ _
Deposits (adjusted) and currency, total
_ do
Demand deposits, adjusted _
do
Time deposits
do
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
New York City
_ _ .-ratio of debits to deposits
6 other centerscf t
do
337 other reporting centers t
- do _.
21, 671
-41.8
182
2,658
71, 400
46, 800
12, 900
5,000
21, 674
-1.0
314
4,854
73, 100
47, 600
13, 400
5,300
21, 678
-.9
694
4,511
73, 100
47, 400
13, 000
5,600
21, 682
— .l
859
2,476
72, 900
48, 500
13, 500
4, 100
21, 682
-2.9
183
3, 794
74, 700
49 100
13, 500
5 900
21, 684
10.6
969
5,392
76, 200
48, 500
13, 800
7,000
21, 686
—7 1
230
10 645
21, 688
—27 0
778
32, 648
21, 690
—23 8
591
27 305
21, 693
—8 2
307
11 743
21, 695
—15 7
108
18 704
21, 716
—2 9
843
r 12 282
48 300
13 800
6,800
47, 500
13, 600
6,300
45 500
13 300
5 000
46 300
13 000
4 800
12 400
4 600
13 500
5 000
138
5,223
.871
236
3,999
.889
290
7,423
.897
210
6,549
.905
261
5,818
.908
649
7 299
.908
910
6 717
.918
522
6 655
.915
721
6 736
.905
354
4 208
.904
130
5 325
.909
216
8 970
.911
"•2,304
3,922
3,068
2,236
3,415
3,075
2, 462
3,035
3, 089
2,386
3,691
596
2,481
3, 053
2,005
2,386
2,836
2,840
' 2, 408
3,528
2,432
2,089
3,837
3,087
'2,417
4 347
3 180
2,281
3,718
3 249
2, 094
3 701
3 615
2,297
29, 769
216, 900
3,100
6,400
30, 009
216, 600
3,200
6,700
30, 229
217, 595
3,247
6,610
30, 244
218, 800
3,300
7,400
30. 317
218, 200
3,100
6,400
30, 422
218, 800
3,200
5,800
30, 559
220 700
3,200
6,200
30, 993
221, 200
3,200
5,800
207, 400
104, 500
76, 200
26, 700
206, 700
103, 300
76. 500
26, 800
207, 738
103, 234
77, 129
27, 375
208, 100
103, 900
77 100
27, 100
208, 600
103, 900
77 400
27, 300
209
104,
77
27
211
106
77
27
212
106
77
27
37.3
27.1
19.2
42.7
28.4
20.6
44.7
28.3
20.8
40.7
26.6
20.4
38.2
25 9
19.9
700
900
700
200
43 5
27 4
21 1
300
100
900
300
44.7
26 5
20 3
r
3 790
422
13 388
.909
.908
2 898
31, 158
30 339
30, 228
30 163
30 210
224
943 p221 000 P219 900 P221 600 P221 300
r
3, 167 f 3, 100
p 3, 000 p 3 000 P 3 000
r
5 199 * 3, 600 » 5 400 P 7 800 P 5 800
200 r 216 577 P214
900 r 109 914 pl08
400 r 78 378 P 78
900 r 28 285 P 27
45.4
29 0
22 0
r
21, 743
16 9
491
10 390
51 3
28 1
21 6
400 P2H 600 P210 800 ?>212 400
900 P105 600 P104 400 P106 100
400 P 78 800 p79 300 P 79 300
100 P 27 200 p27 200 P 27 000
45 7
29 5
21 7
41 1
27 5
21 0
47 2
29 7
r 20 8
45 4
P 30 3
P 21 8
46 0
P 28 6
p 21 7
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):
Not profit after taxes, all industries. _ - mil. of dol.
Food and kindred products
_ _ do
Textile mill products . __
..
_ do _.
Lumber and wood products (except furniture)
mil. of dol..
Paper and allied products
do
3,878
255
79
3,735
301
81
82
154
85
154
4,151
240
99
49
166
Revised, p Preliminary.
1 Revisions for life insurance for March 1955 (mil. dol.): Assets—total, 85,632; domestic railroad bonds, 3,717; stocks—preferred, 1,708; common, 1,058; realestate holdings, 2,366; other, 2,814.
" Revision for March 1955 (thous. fine oz.): 2,414.
O Revisions for insurance written for January-August 1954 are shown in the November 1955 SURVEY. Revisions for silver production in Canada for January-September 1954 are shown
in the December 1955 SURVEY; those for January-July 1952 and January 1955, in the April 1956 issue.
§ Or increase in earmarked gold (—).
9 Includes data not shown separately.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles
t Revisions beginning with 1943 appear on p. 24 of the October 1955 SURVEY.
r
SUEVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-19
1956
1955
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
FINANCE—Continued
PROFITS AND DIVIDENDS— Continued
Manufacturing corporations— Continued
Net profit after taxes — Continued
Chemicals and allied products
mil. of doL_
Petroleum refining, .
_ ___
do. __
Stone, clay, and glass products
do
Primary nonferrous metal
do ___
Primary iron and steel
_
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.) mil. of dol
Machinery (except electrical).. _ _ _.
do_ ._
Electrical machinery
do
Transportation equipment (except motor vehicles,
etc.) _
mil. of dol
Motor vehicles and parts.- _ _
do
All other manufacturing industries
do
Dividends paid (cash), all industries
do
Electric utilities, net profit after taxes (Fed. Res.)
mil. of dol _
Railways and telephone cos. (see pp. S-23 and 8-24).
413
566
192
182
345
429
600
190
157
312
459
788
138
213
386
132
298
173
158
269
172
142
305
190
115
578
316
99
359
369
110
495
371
1,436
1,565
296
284
r
2, 389
^374
326
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
_ - mil. ofdol.N e w capital, total
- - _ - _ _ _
do
Domestic, total
do
Corporate do ._
Federal agencies
do
Municipal, State, etc
do
Foreign
do
1,244
975
959
509
31
419
16
1,324
1,123
1,121
749
36
336
2
1 628
1 493
1,492
592
236
664
1
269
201
135
Refunding, total 9
do __.
269
Domestic, total
do
201
135
173
Corporate
do
84
92
91
Federal agencies
_
do . - 115
41
6
3
2
Municipal, State, etc.. _
do
Securities and Exchange Commission::!:
r
r
Estimated gross proceeds, total
do
1, 643
4, 382 r 1 919
By type of security:
T
Bonds and notes, total
do
1, 442 r 4,r 077 r 1 655
Corporate
___ _
-____ _ do _ _
675
M63
r 504
r
T
Common stock _ _
do
147
210
206
r
r 58
Preferred stock
do
54
96
By type of issuer:
r
r
r
664
Corporate, total 9
do
981
768
r
r
Manufacturing
_ _ _ _ _ _
do
* 158
413
168
r 80
M ining
do
31
15
r
249
Public utility _
do
218
275
93
Railroad
do
13
18
Communication _ _ . _ . _ _ _
do
19
25
*
65
r
Real estate and
financial
_
do _
r 117
186
r 79
979
Noncorporate, total 9
- do
3 401
1 151
U. S. Government
do _ _ _
535
3,020
496
State and municipal
do
429
350
651
New corporate security issues:
T
Estimated net proceeds, total
do
^648
960
r 751
Proposed uses of proceeds:
r
New money, total
do
'429
774
' 611
r
r
249
559
^422
Plant and equipment
_ do___
r
r
Working capital
__ _
do
180
215
"• r 189
74
»• 169
Retirement of securities
do
64
r
Other purposes _.
_ ___
do _
112
50
76
State and municipal issues (Bond Buyer) :
Long-term
thous of dol
429 030 349 648 650 780
Short-term
_ _ __
do
200, 591 149, 768 218 322
1 186
973
969
490
1?
468
3
1 621
1,055
1,035
602
194
239
20
1 900
1 101
1,098
213
207
154
51
2
566
566
389
155
21
99
99
33
62
4
r 2 504
r 1 (538
r 1 (527
r 2 646
r 1 840
r I
913
1 710
1 998
r i 787
1 751
r i 423
r
655
200
r 15
r 1 451
r 560
r 94
Tr 2 442
1r 046
161
43
r 1 562
r 1 767
T 835
1 731
478
139
128
r I
431
Y 193
r 85
1 619
529
73
19
1 512
572
209
31
r 870
r 174
r 736
T 189
52
224
r 1 250
r 89
r 26
r 708
r 980
r 285
r 14
275
52
40
r 97
r 39
r 103
892
481
407
170
66
698
r
113
1 396
461
996
1 132
438
661
932
466
415
621
210
13
66
19
3
267
1 089
645
407
744
226
23
200
31
37
196
1 253
544
709
r 2 341
»• 589
r HI
53
753
r 359
32
105
4
46
r
r 145
r i 752
1 265
470
29
91
r 170
92
r
279
768
509
259
566
130
402
3
82
r 29
29
r 164
r
r 107
r 39
r 187
r 347
14
r 52
602
675
143
42
811
316
12
251
14
15
155
940
453
370
r 861
r
278
22
190
47
122
136
927
518
r 401
'• 739
r
853
r 722
T i 234
r 694
r 964
611
730
846
793
r 526
T
614
r
280
r
r 559
r 373
T i 074
r 950
T 124
r 590
r 455
r
793
r 544
r 136
r 62
r 42
r 249
r 63
r 108
496
178
317
32
83
664
388
276
762
525
236
56
28
674
457
217
48
72
925 818 661 017
136 646 242 810
415 285
148 913
406 800
196 298
70Q AAA
RK.O
248 649
390 541
124 807
r 244
r 282
r 143
334
r 208
r
30
r 186
r 52
r HI
470 161
301 267
258 707
330 455
407 314
200 458
2 752
2 789
920
2 159
2 796
876
2 260
331
2 830
889
2 345
2 822
905
2 170
2 774
913
2 189
2 817
' 960
2 177
2 821
896
2 189
95 ^0
95 74
79 14
T 70
r 71
r 88
9fi
40
orrr
-jqr
A Of)
r
470 965
259 071
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
_mil. of dol__
-do - _
do
do
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total§
dollars
Domestic
_______
do
Foreign..
_ - _ ___ __
do___
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al+issues) :
Composite (17 bonds)
dol. per $100 bond-Domestic municipal (15 bonds)
do
U. S. Treasury bonds, taxable
.
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value. _ _ _ .
thous. of dol
Face value
do
New York Stock Exchange:
Market value
do
Face value
do
2,752
973
2,062
2,731
928
2,119
337
2 768
919
2 115
2 780
918
2 080
2 064
2 848
'977
2 124
98.27
98 59
79.06
98.36
98 67
80.36
97 91
98 19
80.28
96 98
97 24
80 92
96 95
97 19
82 10
97 44
97 71
81 82
98 07
98 35
81 27
97 65
97 96
79 06
97 08
97 37
78 91
98 00
98 31
78 79
97 82
98 08
79 52
96 32
115.2
124.9
96.31
114.7
125.1
96.53
114.5
123.9
96 37
114.3
121.4
94 96
113.3
120.5
94 51
113.1
121.3
94 87
113.5
122.5
95 83
113.7
122.7
95 46
112.4
119.8
95 07
113. 3
121.3
95 40
113.9
122.4
95 94
113. 2
120.3
94 88
80, 463
89 342
82 141
90 512
108 696
111 629
93 547
96 276
82 604
83 401
106 046
108 464
195 875
177 186
90 762
87 870
95 283
95 692
104 729
105 143
109 660
105 230
m
78, 899
87, 152
80, 249
86, 856
106, 849
108, 668
91 216
90, 405
80 549
80, 933
104 134
106' 239
194 268
175! 133
88 662
85! 283
93 795
93, 748
103 410
103! 482
108 284
103! 480
119 104
117', 469
887
Qfi
^P»
79 36
120 682
Cl A
r
r
111.2
116.9
92 86
110.6
117.3
94 40
110 399
m
zn A
109 126
112! 538
Revised.
v Preliminary.
9 Includes data not shown separately.
t Revisions for securities issued for January-March 1955 (mil. dol.): Gross proceeds—total, 2,710; 1,390; 2,560; bonds and notes—total, 2,520, 1,257, 2,014; corporate, 486; 327; 848; common
§ Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average price of all listed bonds.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1956
1955
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
April
May
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Sales— Continued
New York Stock Exchange, exclusive of stopped
sales, face value, total§
thous. of dol- U. S. Government
do
Other than U. S. Government, total§
do _
Domestic
do
Foreign
___do-..
Value, issues listed on N. Y. S. E.:
Market value total all issues §
mil. of dol
Domestic
do
Foreign
__ do -Face value total all issues §
do
Domestic
do
Foreign
do
Yields:
Domestic corporate (Moody's)
percent By ratings:
Aaa
do _
Aa
.
do. __
A
do
Baa
- - do By groups:
Industrial
do
Public utility
do
Railroad
_ do .
Domestic municipal:
Bond Buyer (20 bonds)
-_ - do. -.
Standard and Poor's Corp (15 bonds)
do
U S Treasury bonds, taxable
- - do. ..
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. of doL
Finance
.__
do
Manufacturing
do
Mining
„ _
__ __do_ _.
Public utilities:
Communications
do
Electric and gas
- - - do. _
Railroad
do
Trade
do
Miscellaneous
_ - do_ _
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
Dividends per share, annual rate (200 stocks) .dollars-Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
- - do
Insurance (10 stocks)
do
Price per share, end of month (200 stocks) 9 .--do
Industrial (125 stocks)
do. .
Public utility (24 stocks)
do
Railroad (25 stocks)
- __
do
Yield (200 stocks)
percent-Industrial (125 stocks)
_
_
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
do
Insurance (10 stocks)
- do
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)--percent-Prices:
Dow-Jones & Co., Inc. (65 stocks)
dol. per share-Industrial (30 stocks). . _
__
do.__
Public utility (15 stocks)
do
Railroad (20 stocks) ._
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad: cf
Combined index (480 stocks)
1935-39= 100 ..
Industrial, total (420 stocks) 9
_ .do
Capital goods (128 stocks)
do
Consumers' goods (195 stocks). __
-do
Public utility (40 stocks)
do .._
Railroad (20 stocks)
do
Banks, N. Y. C. (12 stocks)
do—
Fire insurance (16 stocks)
do ..Sales (Securities and Exchange Commission) :
Total on all registered exchanges:
Market value
mil. of dol
Shares sold
thousands ._
On New York Stock Exchange:
Market value
. - mil. of dol- -
80, 570
0
80, 570
74, 930
5,592
76, 572
0
76, 572
64, 444
12, 041
99, 554
0
99, 554
89, 672
9,846
79, 184
0
79, 184
71, 587
7,535
87,826
0
87, 826
82, 368
5,445
119, 758
1
119, 757
114, 398
5,329
104, 344
102, 238
1,449
106, 184
103, 696
1,833
104, 459
102, 314
1,487
106, 200
103, 694
1, 851
104. 282
102. 181
1,443
106, 513
104, 061
1,797
104, 002
101, 892
1,454
107, 237
104. 785
1,797
103, 997
101, 853
1.496
107, 273
104, 796
1,822
104, 548
102, 416
1,487
107, 291
104, 818
1,817
75, 397
69, 708
5,668
80,651
0
80, 651
75, 662
4,986
94, 044
0
94, 044
89, 448
4,560
82,279
0
82, 279
78, 371
3,886
99,987
15
99, 972
94, 882
5,051
98, 379
200
98, 179
93, 046
5,134
106 110 105 501
103, 982 103, 449
1,477
1,405
108 199 1C8, 039
105, 727 105, 607
1 817
1,777
104, 750
102, 701
1,399
107, 898
105, 471
1,772
105, 598
103, 572
1,371
107, 752
105, 357
1,740
105 444
103, 510
1,286
107, 799
105, 536
1,618
103, 832
101, 920
1,275
107, 800
105, 548
1,607
102, 899
100, 995
1,276
107, 743
105, 486
1,613
83,974
5
83, 969
78 916
5,026
75, 397
o
3.21
3.23
3.23
3.24
3.29
3.31
3.30
3.29
3.33
3.30
3.28
3.30
3.41
3.46
3.01
3.13
3.19
3.49
3.04
3.15
3.21
3.50
3.05
3.14
3.22
3.51
3.06
3.14
3.24
3.52
3.11
3.20
3.28
3.56
3.13
3.22
3.31
3.59
3.10
3.19
3.30
3.59
3 10
3.18
3 29
3.58
3.15
3.22
3.33
3.62
3.11
3.19
3.30
3.60
3.08
3.16
3.28
3.58
3.10
3.18
3.30
3.60
3.24
3.30
3 41
3.68
3.28
3.34
3 47
3.73
3.14
3.17
3.30
3.17
3.19
3.32
3.18
3.21
3.31
3.18
3.22
3 32
3.25
3.26
3.36
3.25
3.29
3.40
3.23
3.27
3.38
3.22
O 00
3 38
3.26
3.31
3.42
3.23
3.28
3.40
3.20
3.26
3.37
3.24
3.27
3.37
3.37
3 38
3.47
3.40
3 44
3 53
2.40
2.43
2.77
2.39
2.41
2.75
2.48
2.48
2.76
2.56
2.62
2.87
2.63
2.67
2.91
2.53
2.63
2.88
2.45
2.56
o oo
2.52
2 55
2.85
2.58
2.71
2.88
2.48
2.64
2.86
2.49
2.58
2.82
2.64
2.69
2.90
2.76
2.88
••3.05
2 62
'> 86
2 93
669.0
118.8
235.2
7.1
251.3
62.0
104.8
3.3
1, 390. 3
93.6
909.6
104.0
669.2
142.3
221.8
7.3
263.3
56.1
107.9
3.1
1, 488. 4
108.5
985.7
113.2
669.0
128.5
234.9
9.1
294 6
85.2
112 2
2.0
2, 418. 7
265.8
1, 547. 0
230.5
808.7
164.5
269.5
9.7
323.6
110.3
98.1
3.6
1, 607. 1
102.7
1, 088. 5
115.0
707.1
125.6
248.3
9.2
288 9
56.9
130 1
2. 1
126.4
85.1
23.9
57.0
15.5
1.4
61.9
4.5
8.3
5.1
40.4
112.9
62.5
38.6
28.7
127.5
86.9
18.0
57.5
7.9
4.3
71.1
6.5
8.1
6.2
38.9
114.2
58.6
41.1
28.2
128 5
87.2
17 4
55.7
7.7
15
73.4
34
97
7.2
42.1
126.4
117.4
51.3
38.2
136.5
87.0
40.1
91.5
9.9
1.5
75.2
12.4
18.1
4.4
41.1
120.3
68.5
42.3
28.7
138.8
92.9
23 6
61.3
7,4
12
75 8
7 2
94
6 2
4.60
4.93
2.18
3.36
3.15
3.49
111.68
122. 40
49.12
72.21
4.12
4.03
4.44
4.65
3.94
2.50
4.62
4.95
2.21
3.36
3.15
3.49
111.49
122.15
48.54
71.63
4.14
4.05
4.55
4.69
4.06
2.49
4.63
4.95
2.23
3.40
3.15
3.49
119. 66
133.41
49.21
72.96
3.87
3.71
4.53
4.66
4.01
2.40
4.66
5.00
2.23
3.42
3.15
3.49
123. 15
137. 85
51.39
71.63
3.78
3.63
4.34
4.77
3.95
2.45
4.79
5.18
2.23
3.42
3.15
3.49
122. 44
137. 59
51.43
71.06
3.91
3.76
4.34
4.81
3.93
2.56
4.81
5.20
2.24
3.42
3.23
3.49
122. 51
138. 21
49.83
69.60
3.93
3.76
4.50
4.91
4.06
2.67
4.90
5.30
2.24
3.60
3.23
3.49
119.02
133. 96
48.53
67.42
4.12
3.96
4.62
5.34
4.16
2.73
5.19
5.69
2.27
3 70
3.26
3.60
126. 95
143. 78
49.90
74.47
4.09
3.96
4.55
4.97
4.09
2.63
5.21
5.71
2.27
3.79
3.34
3.63
128.03
145. 67
49.35
72.29
4.07
3.92
4.60
5.24
4.23
2.69
5.22
5.72
2.27
3.86
3.34
3.65
123.96
140. 11
49.10
70.76
4.21
4.08
4.62
5.46
4.40
2.84
6.24
5.72
2.28
3.86
3.34
3.87
128. 19
145. 53
49.66
71.45
4.09
3.93
4.59
5.40
4.41
2.87
5.25
5.73
2.32
3.86
3.36
3.87
136. 18
155.90
51.38
76.94
3.86
3.68
4.52
5.02
4.36
2.72
5.27
5.76
2.32
3 89
3 36
3.87
136. 10
156. 14
49 74
78.32
3.87
3.69
4 66
4 97
4 35
2 89
5.28
5 77
2 32
3 93
3 36
3 87
127. 77
145 40
49 10
72 61
4.13
3 97
4 73
5 41
4 52
3 07
T
10. 80
3.08
i'S.90
3.98
3.99
'3. 14
9.07
3.98
3.96
164.94
457. 29
65.87
155. 19
169.99
476. 43
65.36
160. 08
160.92
452. 65
62.31
149. 99
4.01
4.06
11.10
3.26
6.33
' 11.60
3.21
9.06
'9 94
r
4.04
4.05
4.03
3.99
4.01
4.15
4.22
169. 48
476. 59
64.76
159. 29
172. 36
484. 58
64.98
163.34
168. 18
474. 75
63.60
157.94
168. 93
475. 52
65.00
157. 96
176.71
502. 67
67. 05
167. 71
180.80
511.04
66.20
172. 87
177.74
495.20
65.69
173. 33
344.2
399.2
394.1
271.1
154.5
269.1
156.3
300.6
4.01
158.35
422. 99
64.56
157. 51
157. 89
421. 55
64.06
157.75
162. 77
440. 79
64.23
161.16
166. 90
462. 16
65.51
158. 98
286.2
321.5
330.2
241.0
151.8
252.1
164.2
322.5
285.0
319.7
331.9
239.8
152.3
250.9
156.7
327.0
300.7
340.5
356.2
250.6
153.4
258.9
157.2
331.4
315.3
359.6
369.1
270.0
156.4
256.1
158.4
334.5
311.0
354.2
361.6
269.1
155.9
250.0
160.4
320.5
323.2
371.1
380.3
282.8
154.8
257.0
165.3
314.9
306.2
350.1
350.6
272. 6
150.6
240.5
157.5
293.1
321.5
369.2
370.2
285.9
153.8
254.6
160.9
309.3
327.0
376.8
379.0
284.2
153.2
257.7
162.5
315.0
322.9
371.7
373.0
275.8
152.9
249.4
160.9
308.1
324.4
372.8
372.7
272.6
155.4
249.6
155.5
307.4
346.7
401.3
403.8
286.5
158.6
264.9
159. 5
332,5
351.1
408.0
406.2
280.9
156.2
270.5
160.4
321.0
3,155
105, 677
2,675
98, 219
3,247
116, 222
3,081
95, 984
2,579
84, 622
3,323
107, 344
2,978
95, 888
2,728
101, 986
2,925
105, 915
2,886
93, 041
2,569
80, 942
3,832
131,821
3,453
119, 218
2,734
71 171
Exclusive of odd lot and stopped sales (N. Y.
Times)
. thousands _ _ 53, 788
Shares listed. New York Stock Exchange:
Market value all listed shares
mil. of dol__ 181, 386
3,284
Number of shares listed
. .millions. _
2,316
68 645
2,784
79 175
2,654
68 416
2,229
59 906
2,864
75 519
2,598
66 364
2,358
72 613
2,512
69 211
2,463
62 227
2,181
53 134
3,247
87 135
2,913
73 888
45, 427
58,148
48, 459
41, 806
60,100
42, 178
46, 380
50, 991
47, 197
46, 401
60, 363
54, 106
192, 782
3,560
204, 650
3,766
207,699
3,836
202, 336
3,862
209, 559
3,898
223, 887
4,063
224, 682
4,075
182, 830
3,341
194,406
3,434
198, 228
3,475
197, 994
3,492
197, 536
3,519
53, 230
'•Revised. »Preliminary.
1 Revision for 1st quarter 1955: $7.01.
.
.
§ Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are mcluded in computing the average price of
all listed bonds shown on p. S-19.
9 Includes data not shown separately.
cf Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-21
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY) J
Exports of goods and services, total
mil. of dol
Military transfers under grants, net
do
Merchandise, adjusted, excluding military transactions
mil. of dol
Income on investments abroad
do
Other services and military transactions
do
r
Imports of goods and services, total
Merchandise, adjusted cf _
Income on foreign investments in U. S
Military expenditures
_. .>
Other services cf
* 4, 497
r
2,805
Balance on goods and services
_
r
do
do ._
do
_- do
do
r 5 444
3, 554
' 569
r
774
do
do _.
-do ...
5 903
r 3, 396
'604
r
834
r
3, 843
T
789
r
809
3 929
"•4 623
' 2, 820
r
4, 658
4 827
3 250
126
130
'775
r
791
r 682
423
576
628
770
' 3, 116
991
149
729
699
+971
r +821
'+1, 206
+1 076
'—
r 1, 199
—111
-1,131
—111
-1,020
-997
-126
-871
1 116
— 126
1 004
—577
—412
' —237
' —191
r —46
— 516
—502
' —14
—422
' +519
r+223
+569
r
'— 1, 088
U S long- and short-term capital (net), total
do
Private
--- do
Government
do
r
r
Foreign long- and short-term capital (net)
Gold sales [purchases ( — )]
_
Errors and omissions
' +535
r — 1(55
do
- - do
do
' 5 864
610
' 145
'691
r
706
T
do
Unilateral transfers (net) , total
Private
_
Government
--.
5, 468
'571
r
+34
119
19
—8
— 15
+43
r +236
541
4-24
r +Q2
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:!
Quantity
..
Value
Unit value
_ __
.Imports for consumption :t
Quantity.
.
Value
Unit value
Agricultural products, quantity:
Exports, U. S. merchandise, total:
Unadjusted
.... _
Adjusted
„
_
Total, excluding cotton:
Unadjusted
Adjusted
Imports for consumption:
Unadjusted
Adjusted
253
513
203
265
539
203
264
537
204
254
516
203
247
503
204
249
511
205
276
568
206
259
536
207
272
569
210
245
518
211
258
550
213
303
641
212
do
-- do
do
150
425
283
166
464
279
164
458
279
155
428
277
167
468
280
163
463
284
175
494
283
181
512
283
172
491
285
179
511
285
175
504
287
181
522
289
1924-29-100..
do
75
93
72
91
95
127
113
133
108
126
145
175
do. _.
do
99
93
109
111
97
104
91
100
100
106
95
97
102
101
106
111
94
94
thous. of long tons..
do
7,789
8,960
8,850
10, 372
9,466
11, 124
9,549
10, 524
10, 099
11, 566
9 760
11 061
10 105
11 264
8,685
11 593
8 488
10 927
1936-38 =- 100. .
do
do.. .
do
do
Shipping Weight
Water-borne trade:
Exports, incl. reexports §
General imports
_
ValueJ
Exports (mdse.), including reexports, total1.mil. of dol. - 1,262.3 1.322. 0 1,318 6 1,267. 5 1,235.2
1,254 2 1 395 8 1,315 9 1 398 0 1, 276. 2 1, 354. 7 1 574 5 Pl, 506. 1
By geographic regions:A
Africa
...thous. of doL _ 56, 081
50, 399
56,660
66, 698
42, 742
50,839
52, 665
44, 510
44 049
44 323
80 029
49 664
Asia and Oceania
,.__
do ... 196,171 198,204 176,952
184,873
161,185
176 693 199 356 200 626 216 589 178 421 187, 368 237 842
Europe.
__do ___ 309,856 311,316 350 162 333 958 307 273 336 513 382 223 372 066 384 872 376 267 349 264 386 056
Northern North America
.
do
278,947 293,188 286,647
254,761
272,453
276 804 295 787 277585 276 743 264 041 304, 158 348 878
Southern North America. _ _ _ _ „
do .._ 142,880 134,698 138 381 136,205
134 995 136 805 147 106 155 347 162 407 141 714 152 746 173 784
South America ._
do ... 137,448 135,911 125,918
132,532
130 295 128 330
139 695 170 360 131 575 150, 075 180 237
139 424
By leading countries:A
Africa:
A KM
Egypt
__. do ..
7 879
7 775
20 097
18 fi72
7 945
7 078
10 630
5 770
5 536
5 373
6 106
Union of South Africa
.do
23,660
22 200
25,401
23 186
24 033
18 283
24 519
17 090
19 535
31 975
17 308
20 863
Asia and Oceania:
Australia, including New Guinea-.
do
13, 475
13, 554
12, 221
13 613
14 401
11, 221
17 208
11 801
22 427
16 674
20 892
16 583
British Malaya ..
do
A 744
2 389
2 981
3 185
2 637
2 3J6
2 739
4 035
3 191
3 445
China, including Manchuria, _,
do
o
0
o
0
o
o
0
o 3 093
o 3 306o
o
India and Pakistan... ...
._ -__do_ _
30 106
16,829
20 272
20, 887
22 257
16 842
15 359
20 685
15 967
18 181
41 970
23 388
Japan
___
_ _ ._ do
51, 605 50 866
53
128
51
225
48 570
45 340
43 866
55 105
54, 299
58 954
67 781
54 145
Indonesia
_
.
.do-..
5,919
4,532
6,331
5 714
8 508
6 958
7 826
5' 609
7 169
8, 866
6 784
6* 020
Republic of the Philippines
do
35,928
28, 422
21 666
23 281
22' 310
26 035
23 340
22 172
22 062
37 759
31 531
26 997
Europe:
32 964
France
_._
do
27 891 31 385
27 350
26 482
38 874
29 679
33 614
28 376
29 726
11
East Germany
__do __.
o 43 130
o
60
o 36 175o
o
0
14
' 128
209
18
47 963
49 307
West Germany
. _
do .
49 231
47, 512 55, 955
46 945
52 755
51
153
59
955
51
693
61 823
50 358
Italy
-_ >
. do
25 416
32 263 32 861
23 327
29 712
41 353
28 821
30 692
40 188
35 323
30 939
38 993
Union of Soviet Socialist Republics
do
1
33
1
12
3
1,243
4
0
0
10
123
64
United Kingdom. _ ...
do
64,290
59 047
85 699
71 100
61 305
58 705
74 992
88 940
76 426
81 105
101 419
67 265
North and South America:
Canada
do... 278,942 293,186 286 533 254,750
272 366
276 775 295 786 277 585 276 730 264,012
304 158 348 860
Latin American Republics, total 9
do
265,651 256,887 251,759
257,111
252 834
251 408 270 954 279 360 314 772 257 328 288 177 344 208
Argentina
do
10, 469
12 419
17 719
13 366
13 379
11 993
16 433
11 056
8 070
12 860
9*037
21 316
Brazil
. ...
do
18 328
25 967
20 832
17 393
21 923
2l' 222 25 475
22 997
16 914
18, 707
18 084
27* 877
6, 351
Chile
—.
do
6 656
6 413
6 188
7 125
7 966
?' 253
6 546
8 391
11 247
11 044
8 580
Colombia
_._do
32,560
23,791
24 432
25,952
24 632
25 928
28 305
35 691
25 389
28, 786
27 312
35, 936
Cuba
do .
40, 201 37,801 34 934
32 773
32 513
37 560
36 078
39 904
39 792
40 783
51 693
43 816
58,515
Mexico.
do--.
53,868
56, 220
61 083
59 781
55 571
56 758
62 194
66 781
66 633
66, 640
67 634
Venezuela
do
47, 104
44,246
42, 857
40, 304
40, 876
47, 648
45,181
47.080
40! 449
58.104
62! 927
54,727
' Revised.
* Preliminary.
tRevisions prior to June 1955 for balance of payments and for January 1954-January 1955 for foreign trade will be shown later. cTExcludes military expenditures
§Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
IData include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments are as follows (mil. dol.): April 1955-April 1956, respectively93.9; 131.1; 128.0; 127.8; 127.9; 99.1; 119.3; 72.7; 84.1; 82.0; 89.8; 104.3; 112.0.
AExcludes "special category" shipments.
9 Includes countries not shown separately.
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
1, 494. 2
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— Continued
1, 249.4
1,313.0
1,309.1
1, 256.9
1, 226.4
1, 244.9
1,385.6
1, 306.3
1, 386.7
1, 263. 3
1, 341. 2
1, 562. 4
135,840
56, 235
61, 703
188,984
806,612
139,303
63, 227
59, 790
194,177
856,495
156,595
86, 650
73, 063
184,260
808,537
132,790
96, 513
69, 849
184,867
772,914
141,381
85, 507
62, 740
185,030
751,701
177,044
70, 250
69, 862
199,018
728,713
206,890
62, 822
81, 683
213,785
820,401
183,042
71,418
86, 525
196,182
769,141
175, 857
82, 944
86, 134
213. 909
827, 895
144, 704
77, 186
88, 675
197, 268
755,511
125, 247
76, 231
96, 097
214, 835
828, 819
152, 150
112, 974
115,066
226, 597
955, 596
208,747
45, 680
22, 656
58, 145
22, 325
15, 506
228,620
43, 376
24, 182
64, 224
18, 839
18, 608
278,979
56, 379
25, 721
85, 933
18, 922
21,871
255,619
11,746
24, 621
97, 541
18, 939
40, 523
225,297
11,957
24, 062
84, 421
19,811
36, 844
259,797
21,914
21, 872
76, 249
18, 323
63, 749
289,945
35, 952
29, 171
65, 057
24, 599
63, 719
295,884
26, 697
24, 801
73, 431
25, 328
47, 214
308, 301
31, 224
25, 037
80, 149
27, 219
34, 560
256, 395 '242,862
18, 556
15,807
25, 224
22, 230
74, 129
76, 601
24, 698
26, 791
22, 169
33, 837
329, 836
50, 741
28, 927
115, 983
25, 901
22, 486
mil of dol
1,040.6
1,084.4
1,030.1
1, 001 3
1,001.1
985.1
1,095.6
1,010.4
1,078.4
1, 006. 9
1, 098. 4
1, 232. 5
thous. of dol-_
do
do
do
148,774
99, 020
39, 990
67, 114
143,088
89, 240
41, 355
67, 569
123,327
86, 360
45, 193
65, 277
108,275
86, 804
42,814
68, 262
96, 098
92, 027
51.948
62, 729
88, 070
91. 268
53, 139
70, 339
91, 135
97, 653
56, 172
78, 295
107,368
93, 001
47, 614
75, 130
125,015
97, 131
46, 207
81, 173
112, 610
89, 838
46,510
76, 967
136, 215
96, 742
42, 329
83, 104
168, 497
112, 558
41, 793
89, 248
do
do
do
do
do
do
271,173
13, 750
31, 595
78, 574
16, 596
117,708
270,407
13, 327
30, 975
74, 624
18, 740
119,042
250,899
11,673
30, 549
66, 342
17. 382
113,716
249,401
10, 978
27, 879
69, 077
16, 188
114,706
223,179
9, 203
23, 467
58, 408
14, 906
108,280
235,600
7,342
20, 282
67, 298
15, 754
114,741
268,822
7,402
30, 372
67, 842
19, 251
131,584
271,142
7,621
29, 046
71,665
17, 859
132,649
287, 346
9,424
34. 456
73, 541
19,834
137, 720
269, 423
9,213
30, 671
71, 195
18, 829
127, 975
292, 628
10, 895
33, 567
73, 283
17, 060
145, 132
325, 992
13, 730
37, 748
76, 156
19, 609
164, 221
do
- - do
49,711
57, 248
56, 853
51, 435
55, 481
48, 841
61, 548
43, 155
61, 867
46, 060
53. 144
49, 487
58, 566
56, 184
48, 084
53, 489
55, 684
49, 669
50, 681
46, 554
43, 076
52, 812
53, 746
57, 289
Exports of U. S. merchandise, total^f
mil. of dol
By economic classes: cT
Crude materials
thous. of dol
Crude foodstuffs
_
..do-Manufactured foodstuffs and beverages _. do -_
Semimanufactures 9
do
Finished manufactures 9 . - --._ do By principal commodities:
Agricultural products, total 0
do-_Cotton unmanufactured
do
Fruits, vegetables, and preparations
_ do __
Grains and preparations
-.. ._ _. ...do ..Packing-house products
do
Tobacco and manufactures
__do _ .
Nonagricultural products total 0
Automobiles, parts, and accessories
Chemicals and related products§
Coal and related fuels
Iron and steel-mill products
Machinery total §0
Agricultural
Tractors parts and accessories
Electrical
M^etalworking§
Other industrial
Petroleum and products
Textiles and manufactures
General imports, total
mil. of dol
By geographic regions:
Africa
thous. of dol
Asia and Oceania
do
Europe
do
Northern North America
do
Southern North America
do
South America
..
do
By leading countries:
Africa:
Egypt
do
Union of South Africa
do
Asia and Oceania:
Australia including New Guinea
do
British Malaya
do
China including M^anchuria
do
India and Pakistan
do
Japan
do
Indonesia
do
Republic of the Philippines
do
Europe:
France
do
East Germany
do
\Vest Germany
do
Italy
do
Union of Soviet Socialist Republics
do
United Kingdom
do
North and South America:
Canada
do
.
-tvep
t , o
<±»
Brazil
Chile
Colombia
Cuba
Venezuela
Imports for consumption total
By economic classes:
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures
Finished manufactures
By principal commodities:
C
h '<? ' 1 V~lls
Coffee
Hides and skins
Rubber crude including guayule
Sugar
W"ool Qnd mohair unmanufactured
do
do
do
do
do
r
958.3
936.1
885.0
959. 5
944.7
1, 009. 9
1,064.2
1,014.5
1, 072. 9
1,049.3
r 1,099.0
54, 865
189,069
195,358
229,938
121,215
167,877
46, 362
172,466
191,597
244,047
112,735
168,892
42, 577
173,845
186,553
208,752
96, 639
176,593
47, 570
187, 165
198,782
245,287
93. 949
186. 698
50, 444
169,326
207,204
234,430
91, 129
192,148
50,189
167, 362
237,742
239,167
87, 889
227, 561
44, 716
184, 843
254, 637
240, 578
114,948
224, 517
63, 062
161, 765
233, 475
226, 240
117, 720
212, 216
50, 179
206, 141
250, 205
221, 697
141, 497
203, 188
62, 025
180, 609
227, 897
218, 252
141, 219
219, 328
51,003
192, 235
247, 997
222, 224
150, 259
235, 284
3,381
6,321
1,417
10, 905
1,868
9,328
2, 273
5,801
1, 365
4,273
1, 507
7,789
823
7,124
1,594
6,914
3,348
10, 993
1,411
8,421
3,551
11, 107
1, 699
7,136
13, 297
19, 629
15, 518
22, 967
6,026
22, 300
13, 053
20, 692
11,251
22, 673
11,176
20, 946
2.547
17, 416
38, 975
18, 461
19, 537
4,810
20, 155
807
17, 875
43, 826
16, 259
15, 840
10, 959
18, 474
965
20, 492
47, 796
21, 335
14, 699
7,111
17, 932
664
20,411
38, 156
20, 373
11, 345
15, 150
23, 634
1,006
25, 443
50, 096
22, 241
24, 483
12, 002
22, 817
874
22, 505
36, 718
17, 178
21,097
5,953
23, 225
454
20, 310
39, 628
19, 407
25, 756
17, 441
632
32,511
11,716
1,983
49, 433
17, 654
436
37, 740
19, 265
3, 050
59, 543
21, 438
400
37, 000
19, 006
560
59, 403
19, 368
519
33, 569
17, 270
1,890
52, 150
20, 924
775
38, 853
17, 745
1,485
50, 308
18, 930
742
34, 325
14, 338
445
56, 962
19, 548
590
39, 887
15,490
2,661
57, 714
744
16, 666
28, 171
18, 337
22, 620
241
28, 378
33, 903
16, 605
24, 254
72
21, 967
34, 418
14, 507
28, 333
56
21,011
35, 882
15, 502
26, 229
848
18. 803
39, 384
18, 967
31, 290
16, 155
14, 962
16. 886
15, 508
17, 142
25, 893
14, 192
50, 370
810
27, 653
14, 121
1,291
50, 567
32, 650
13, 461
1,386
46, 604
30, 199
12,413
2,025
52, 666
34, 132
14, 137
1,175
55, 507
204,325
229,906
243,904
208,598
244,918
234,095
239,167
240, 433
226, 209
221, 679
218, 152
222, 166
251 199
11,055
43, 923
17, 258
19, 994
36, 764
32, 355
44, 190
271,375
10, 593
42, 437
17, 087
33, 236
31, 686
38, 506
46, 293
261 568
12, 789
38, 917
19, 224
32, 901
35, 855
34,310
44, 937
257 653
11,418
51, 823
14, 773
35, 452
32, 866
29, 847
42, 647
262,448
11, 861
46, 809
15, 273
40, 067
33, 816
27, 147
50, 404
259 869
13, 295
66, 033
14, 430
28, 699
32, 656
27, 100
42, 801
294, 402
8,583
77, 450
13, 522
60, 606
35, 471
20, 248
46, 159
312, 283
8,434
76, 885
23, 106
43, 716
37, 798
30, 671
49,915
301, 924
7,925
54, 736
20, 515
43, 653
28, 096
33, 328
63, 087
315, 008
17, 232
59, 618
10, 663
33, 852
35, 128
38, 377
56, 940
333, 678
14, 790
66, 267
14, 765
42, 582
44, 089
41, 500
55, 827
355, 363
15,412
78, 548
23, 151
41,290
45, 470
43, 408
52, 676
272
299
339
693
272
872.0
951.0
939.9
878.7
959.9
950.5
1,013.1
1, 050. 6
1, 006. 2
1,047.3
1, 034. 1
1, 071. 3
do
do
do
do
224 112
146, 751
92 390
211,012
197 734
236 870
174, 986
88 347
236, 283
214, 519
243 229
143, 506
100 368
235, 795
219 031
219 189
148, 679
93 594
211, 562
205, 696
250 985
141,218
97, 165
253, 463
217, 114
254 492
138, 533
90,986
243, 032
223, 461
244, 330
191,034
95, 054
239, 802
242, 843
247, 693
193, 732
104, 694
251, 584
252, 943
267, 928
172, 398
78, 589
255, 324
231, 994
269, 176
181,617
95, 007
254, 599
246, 936
262, 490
195, 660
95, 962
245, 819
234, 133
263, 842
215, 267
100, 835
239, 531
251, 863
d
do
do
do
do
do
318 529
18' 019
90, 882
4,342
40 661
37, 144
23 629
341 468
11 452
120,060
6,554
39, 591
31,314
23 605
311 832
15' 579
90, 136
5,628
34 024
37, 399
22 752
300 317
8 592
102, 375
5,219
28 509
40, 308
22 096
315 847
15 759
94, 070
4,837
39, 854
42, 374
23, 678
305 778
11,342
96, 678
3,167
37, 757
20, 963
352 526
9,869
146, 813
4,887
38, 286
28, 744
21,694
360 386
13, 987
138, 192
4,476
43, 053
27, 898
18, 899
320 453
12, 445
123,494
3,907
41, 366
18,919
17, 677
378 444
21, 123
122, 248
5,269
48, 753
39, 082
28, 563
379, 003
16, 984
141, 490
5,793
43, 797
42, 663
27, 095
403 103
16, 749
159, 706
7,192
42, 746
44, 523
26, 903
553,469
6,452
609,537
8,672
628,097
7,429
578,404
5,812
644,098
4,437
644,726
5,215
660,535
3,403
690, 261
3,568
685, 779
15, 145
668, 891
9,224
655, 061
9,067
668, 234
8,914
98 176
30, 495
12, 093
21, 945
50, 320
73 770
109 206
30, 885
14, 114
25, 250
52, 767
76 345
110 090
40, 234
13, 248
30, 358
53, 239
80 678
99 814
34, 609
14, 800
23, 485
46, 794
75 385
119 896
42, 297
15, 366
31, 738
54, 381
85 459
122 872
48, 236
13, 874
28, 790
48, 449
84 170
121 099
44,911
15, 091
28, 942
53, 222
81 840
125 014
48, 285
14, 272
29, 878
54, 722
95 184
127 804
50, 115
13, 595
24, 595
57, 364
114 237
110 773
28, 393
16, 350
29, 361
55, 720
105 216
118, 640
41, 875
17, 361
28, 628
52,
629
r
97 411
112, 667
42, 457
14, 273
25, 673
54, 376
105, 839
mil of dol
Nonagricultural products tota!0
do
Furs and manufactures
do
Nonferrous ores, metals, and manufactures, total
Copper incl ore and manufactures
Tin including ore
Paper base stocks
Newsprint
pro ucts
870.4
56, 291
159,079
179,793
204,342
116,981
153,958
do
do
do
do
o— -
oo ftf)fi
Revised.
* Preliminary.
tRevisions for January 1954—January 1955 will be shown later.
H See similar note on p. S-21.
cfEffective January 1956, classifications are based on Schedule G and are not entirely comparable with those for prior years.
9 Data for semimanufacturers reported as "special category, type 1" are included with finished manufactures.
0Includes data not shown separately.
§ Excludes "special category, type 1" exports.
990.2
977.2
May
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-23
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines :§
Miles flown, revenue _
Express and freight ton-miles
Mail, ton-miles
flown
Passengers carried revenue
Passenger-miles flown revenue
thousands. do
_ _ _-do_ do
- millions
45, 786
17, 427
7,268
2,950
1,620
47, 302
17 727
6,976
2 976
1,592
47, 526
18 933
6 910
3 121
1,765
49, 180
16 967
6 305
3 070
1 760
50 060
20 ? 578
6 827
3 064
1 748
48 394
21 366
6 736
3 071
1 692
49 201
21 526
7 015
3 081
1 674
45 592
19 257
7 009
2 705
1 453
48 500
21 510
10 077
2 724
1 578
47 988
16 756
7 145
2 810
1 653
44 500
16 108
7 181
2 645
1 507
49 081
18 766
6 739
3 034
1 743
thous. of dol _
do __
29, 580
11,411
29, 921
11, 483
33 341
13, 858
29 622
10, 314
32 560
12 392
32 986
13 421
33 730
14 193
33 761
13 476
40 978
14 304
29 516
8 322
29 441
8 836
33 471
12 388
cents
millions
mil of dol
14.3
14 3
124 2
121 8
flown
Express Operations
Transportation revenues
Express privilege payments
_
Local Transit Lines
Fares average cash rate
Passengers carried revenue
Operating revenues
800
802
14.3
14 4
14 4
116 3
107 9
113 4
756
665
700
14 5
14 6
14 6
773
768
14 7
14 7
14 8
14 9
111 3
120 1
122 5
131 7
119 4
115 2
124 4
745
801
737
710
781
14 9
734
Large Motor Carriers (Intercity)
Carriers of property (quarterly totals) :1
Number of 'reporting carriers
Operating revenues, total
thous. of dol
Expenses total
do
Revenue freight carried
thous. of tons
789, 338
748, 376
53, 467
Carriers of passengers, class I (quarterly totals):
Number of reporting carriers
Operating revenues, total
thous. of dol
Expenses total
do
Revenue nassengers carried
.- --thousands
92, 607
83, 613
76, 367
787
783
789
865, 023
851 862
58, 566
807 935
771 144
54 515
159
157
153
110, 236
90 926
80, 363
89, 499
86 371
80 198
Class I Steam Railways
Freight carloadings (A. A. R.):d*©
Total cars
thousands
Coal
-_
do
Coke
do
Forest products
do _
Grain and grain products
do
Livestock
__
_ do
Ore
do
Merchandise, 1. c. 1
- do
Miscellaneous
do
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
_
_ _ d o _ __
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
d o __
Miscellaneous
do
Freight-car surplus and shortage, daily average:©
Car surplus, total 9
number-Box cars
_ _ _ _ do- _
Gondolas and open hoppers
do _ _
Car shortage, total 9
_. _ __ . d o _ _
Boxcars _ _ .
_
do
Gondolas and open hoppers
-do _
Financial operations:©
Operating revenues, total 9
mil. of dol—
Freight
do
Passenger
_ _ _ _
_
_- _ d o - Operating expenses
do
Tax accruals, joint facility and equipment rents
mil. of dol-Net railway operating income- - _ _ _
do
Net income!
—
do
Operating results:©
Freight carried 1 mile _
mil. of ton-miles. _
Revenue per ton-mile
cents
Passengers carried 1 mile, revenue
millions
2,757
453
45
163
176
33
159
244
1, 483
»• 3, 045
'498
1,503
120
95
142
133
123
58
136
39
140
130
105
147
145
137
52
271
40
146
130
99
148
153
155
41
296
42
144
123
95
144
133
140
65
177
39
142
128
105
149
139
155
57
177
40
144
21,810
2,398
11,657
2,418
1,834
281
132
114
168
151
143
47
298
38
145
132
115
161
147
131
59
285
39
145
133
109
167
146
146
63
268
39
148
'131
111
167
145
157
59
T
208
38
146
130
114
170
145
163
52
208
38
143
5,121
979
870
3,854
111
444
4,802
3,844
740
4,477
366
165
5,674
3,797
1,430
6,910
2 172
27
6, 9(.)9
3 557
2 929
814.2
695 1
57 3
641 1
889.0
759 7
59.7
678.4
877.9
749 2
60 1
671 0
107.3
62 9
46 4
106.1
67 0
47 1
121.6
89.0
70 1
112.7
94. 2
54, 350
1 339
2,449
53, 044
1 354
2,101
56, 802
2 036
1 760
1,394
1,433
139
115
166
149
162
103
283
41
154
135
121
173
141
149
91
212
40
149
124
124
181
140
127
66
73
37
137
124
123
181
145
135
62
67
37
137
121
115
171
141
129
47
71
38
136
127
115
169
143
138
60
213
39
139
129
115
169
141
162
67
202
40
141
131
121
173
144
152
72
202
40
143
134
124
172
158
136
68
235
39
145
137
123
172
161
135
65
268
39
149
3,505
136
894
20, 942
11,615
8,692
3,574
247
359
15, 916
8,952
6,672
5, 558
598
13, 369
8,018
5,179
5,045
453
297
12, 922
7,299
5,332
3 673
1 484
2 005
5,757
1,451
761
2,945
1,503
1,246
849.6
711.2
70.0
644.8
905.1
764.9
68.2
669. 7
876.6
745 9
59 6
651 8
907.6
777 5
55.9
671 3
873.9
744 1
57 8
656 8
858.2
706 4
69.9
695 2
831.6
703 9
65.1
661.4
124.2
106.0
88.1
112.1
92.6
72.4
125.7
109.7
90 6
121.0
103 8
79 6
125.4
110.9
90 0
114.1
103 1
79 9
85.3
77.8
95.0
54, 938
1.389
2,561
54, 463
1.366
2,793
57, 044
1.373
2,743
57, 222
1.351
2,315
60, 694
1.332
2,152
55, 229
1 385
2,162
53 722
1 366
2,646
1 499
1 522
131
104
151
146
197
41
305
42
140
131
109
160
156
152
49
303
41
142
138
115
167
155
154
80
320
41
151
125
99
151
147
152
50
191
42
140
125
104
156
145
164
50
190
43
139
126
109
166
148
141
51
202
40
140
14,414
2,911
2,317
6,350
3, 866
2,048
9, 583
3,383
866
10, 456
6,103
3,788
8,467
250
3,008
13, 491
10, 824
2,362
5,164
274
r 796. 5
«• 674. 4
58 2
T
602. 6
850.4
724.7
59.2
634.9
875.1
737.9
66.8
644.9
r
106. 6
'87, 3
67.0
114.2
101.2
86.7
51, 205
1.372
2,222
55, 833
1.354
2,270
' 1, 543
128
111
164
145
138
52
180
39
144
3 517
1,799
29
123
109
168
146
135
50
78
39
140
2 751
697
66
231
287
71
410
327
251
1 866
2,713
4 124
535
51
185
208
40
352
249
'304
3,115
551
53
184
202
26
331
242
1,526
3 417
3 142
' 195
2,969
536
52
179
196
29
202
245
1,529
3,054
559
53
167
207
50
251
247
1,520
3,731
3 114
47
179
3, 085
529
47
186
208
23
332
258
553
57
219
335
27
416
324
528
50
192
217
27
344
257
372
726
69
210
220
46
103
284
870
573
55
173
185
34
74
225
563
55
173
182
26
80
238
448
3 355
2 366
662
67
226
239
35
110
312
Waterway Traffic
Clearances, vessels in foreign trade:
Total U. S. ports. __
thous. of net tons__ 10, 150
11,180
11,570
11, 806
9,584
11,978
11,846
11,319
11, 990
9,961
10 729
Foreign vessels
do
7,362
8,497
7, 983
8,620
8 321
8 768
7 458
8 122
8 828
8 807
7 823
United States vessels
__ _ _ do __
2,788
3,073
3,197
3,186
2 607
3,222
2 139
2 126
3 150
2 998
3 039
Panama Canal:
Total
__ _
thous. of long tons _
3,669
3,464
3,932
3,703
3,750
3,810
3 883
3 279
3, 819
3 744
3,707
3 508
3 874
In United States vessels
...do
1,333
1,469
1,316
1,419
1,305
1,268
1,051 1
1,045
1,517
1,026
968 1
894
1,137
f
Revised.
§Beginning January 1955, data include local service operations of one carrier.
IData beginning 1st quarter 1955 cover large motor carriers having annual operating revenues of $1,000,000 or above.
©Beginning January 1956, data cover the revised I. C. C. list of class I line-haul railroads, i. e., carriers having annual operating revenues of $3,000,000 or more (old basis, $1,000,000 or more)
Restated (year-ago) figures, as shown for 1955, are adjusted to the revised basis as follows: Carloadings (thousands) through May 1955; financial operations for April 1955.
cTData for July, October, and December 1955 and March 1956 are for 5 weeks; other months, 4 weeks. 9 Includes data not shown separately. JRevised data for March 1955, $78,000,00.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1956
1955
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
April
May
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
Average sale per occupied room
dollars _
Rooms occupied
percent of total
Restaurant sales index
same month 1929= 100. _
Foreign travel:
U S citizens: Arrivals
. number. .
Departures
do
Aliens* Arrivals
do__ .
Departures
do
Passports issued and renewed
_ _ _ _ do
National parks, visitors.
thousands. .
Pullman Co.:
Revenue passenger-miles
millions .
Passenger revenues
thous. of dol
7.65
73
259
6.98
74
277
7.61
74
280
7.19
65
235
7.97
71
260
7.78
74
258
8.17
78
265
8.07
71
260
7.10
58
236
7.53
71
257
7.47
75
257
7.30
72
239
90, 092
104, 604
57,129
40, 232
60, 675
690
109, 558
107, 290
61,419
42, 713
71, 055
1,162
105, 876
140, 127
60, 765
53, 226
71, 626
2,547
134, 363
149, 959
64, 022
50, 396
40, 624
4,492
157, 479
113, 468
73, 692
51, 897
40, 963
4,472
134, 963
87, 534
80, 738
51, 205
31,086
2,070
104, 192
75, 861
66, 381
45, 025
26, 746
1,170
84, 890
68, 484
56, 839
38, 984
25, 996
432
83, 769
77 843
58, 763
49, 371
28,310
310
84, 006
88, 208
56, 135
34,274
36, 660
345
87,568
96 072
50, 935
35 978
44, 658
356
100,607
543
7,129
521
6,823
571
7,500
545
7,148
564
7,388
533
6,971
555
7,252
561
7,311
599
7,827
701
9 181
606
7 938
587
7,893
449, 942 457, 793
261, 586 '263, 022
151, 080 157, 307
299. 165 306, 503
61, 148 61, 220
46, 746
46, 961
460, 582
264, 035
158, 688
304, 354
64,294
47, 175
454, 265
261, 072
155, 069
301, 554
61, 979
47, 406
475, 538
265, 605
170, 757
318, 788
64, 084
47, 652
467, 757
267, 576
160. 757
309, 829
64, 401
47, 952
475, 879
273, 400
162, 431
312, 558
68, 096
48, 232
477, 855
275, 117
162, 516
317, 949
66, 582
48, 550
494, 741
281 632
171, 100
339 907
67, 361
48 928
487, 210
281, 381
164, 415
322, 446
66,367
49, 216
481, 642
279,770
160, 248
317,403
65,936
49, 488
500.384
284,427
174,199
355,426
65,934
49,790
8.03
76
282
7.33
74
294
70, 533
695
79,022
66,198
61,160
451
COMMUNICATIONS
Telephone carriers:
Operating revenues 9
Station revenues
Tolls, message
Operating expenses before taxes
Net operating income
Phones in service end of month
- thous. of dol .
do
.
do
do
- do.
thousands
_
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of dol
Operating expenses, incl. depreciation _ __do
Net operating revenues
do
Ocean-cable:
Operating revenues
do
O perating expenses , incl . depreciation
do
Net operating revenues
do
Radiotelegraph
:
Operating re venues
do
Operating expenses, incl. depreciation
_.do
Net operating revenues
do
18, 920
15, 825
2,254
19,598
16, 446
2,300
20, 042
16,535
2,660
18, 110
16, 574
714
20,175
17, 215
2,155
19, 451
16, 926
1,758
19, 074
16, 470
1,872
18, 665
16, 365
1,592
20, 376
17,209
2,770
18,720
16,658
1,155
18 395
15,985
1 522
20 058
16,920
2 220
18, 842
16, 345
1 602
2,579
2,088
236
2,771
2,131
367
2,902
2,123
521
2,769
2,128
364
2,817
2,156
374
2,963
2,169
516
2,831
1,983
578
2,724
2,030
448
3,040
1,966
798
2,903
2,145
482
2,692
2,066
369
2,832
2,105
458
2,725
2,134
334
2,689
2,275
296
2,743
2,317
306
2,875
2,302
452
2,761
2,272
374
2,954
2,247
601
2,997
2,300
585
2,985
2,311
572
2,973
2,428
473
3,250
2,557
639
3,083
2,453
512
2,961
2,390
465
3,174
2,442
620
3,123
2,459
549
286, 743 -•316,734
91, 550 r 87,155
54 249
46 714
303 052 326,480
81,245
74, 897
306,172
83,128
58 868
322 428
78,467
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Ammonia, synthetic anhydrous (commercial)
short tons.. 286, 567
71, 923
Galcium carbide (commercial)
do
58,644
Carbon dioxide, liquid, gas, and solid
do
235, 158
Chlorine, gas
do
59, 266
Hydrochloric acid (100% HC1)
>
do
296, 799
74, 505
73, 859
294, 847
71, 677
261, 285
73, 941
80,244
292, 908
73, 362
236, 759
77,527
91, 906
291,424
68,693
237,202
74, 634
96, 362
295, 492
66, 577
231,954
71, 374
77, 167
293, 929
69, 399
265,868
76, 033
63, 138
316,614
79, 237
268,859
80,686
52, 806
308,113
76, 418
272, 748
85, 611
49, 467
316, 948
78, 154
279, 055
83, 335
49, 087
318, 438
81, 021
201, 956
2,422
311,551
191, 743
2,422
306, 851
178, 428
2,326
261, 312
173, 595
2,249
197, 401
173, 057
2,397
244, 502
173, 097
2,384
318,254
190, 556
2,582
320, 269
199, 341
2,644
298, 313
212, 921
2,734
304, 081
216, 361
2,732
329, 101
211, 530 r233 094 211 650
' 2, P42
2,903 * 2,720
313 691 T 331, 581 312 054
387, 242
9,657
278, 266
442, 594
10, 734
336, 554
416, 147
10, 289
338, 232
380, 422
9,690
330, 413
392, 964
9,967
332, 687
413,071
9,982
334,488
442, 612
10, 801
357, 013
434, 159
10,287
345, 872
432, 319
10, 398
356, 573
428, 654
11, 383
357, 956
416, 418
10 347
341,351
48 451
54, 900
56, 923
40, 905
42, 238
55, 154
56,279
58, 811
53, 826
55,209
57 706
66, 972
70, 365
66, 925
63. 263
66, 232
67, 906
74, 570
74, 934
70, 329
76, 575
68, 390
1,339
1,373
1,255
1,122
1,202
1,259
1,355
1,418
1,469
1,437
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
45, 256
72,127
1,217
41, 621
70, 477
1,413
43, 729
67, 664
1,406
43, 987
66, 359
1,099
44, 647
69, 499
912
47, 421
66, 299
716
47, 014
70, 722
1,705
47,263
73, 491
1, 385
37, 784
49, 720
27. 991
21, 729
36, 230
650
39, 523
51, 873
30, 904
20, 969
35, 023
795
36, 499
49, 984
28, 545
21, 439
37, 046
902
35, 855
44, 842
31, 257
13, 585
40, 970
720
36, 263
38, 560
24, 877
13, 683
39, 225
1,007
40, 923
39, 417
25, 994
13, 424
37, 831
929
40, 903
40, 273
28,062
12, 211
36, 894
908
19, 504
20, 156
4 504
18, 878
19, 382
4,013
19, 989
18, 585
5 267
22, 180
18, 874
8,642
21, 140
21, 476
8,383
20, 425
18, 893
9 825
19, 914
22, 607
7,079
Nitric acid (100% HNOa)
_
do
Oxygen (high purity)
mil. of cu. ft
Phosphoric acid (50% HsPO^
short tons Sodium carbonate (soda ash), ammonia- soda process
(58% Na2O)
. short tons
Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
__ _ _ d o
Sodium silicate, soluble silicate glass (anhydrous)
short tons
Sodium sulfate (Glauber's salt and crude salt cake)
short tons
Siilfuric acid:
Production (100% H2SO4)
thous. of short tons
Price, wholesale, 66°, tanks, at works
doL per short ton._
Organic chemicals :d"
Acetic acid (synthetic and natural), production
thous. of Ib Acetic anhydride, production
.-do .
Acetylsalicylie aciu (aspirin), production
do -Alcohol, ethyl:
Production
thous of proof gal
Stocks, end of month, total
do_-.
In industrial alcohol bonded warehouses.-.do
In denaturing plants ..
.do. _Used for denaturation
do
Withdrawn tax-paid
do
Alcohol, denatured:
Production
thous. of wine gal
Consumption (withdrawals)
do. -Stocks end of month
do
r
436, 137
10 910
369, 483
431 962
9 939
361, 981
52 261
54 728
70, 333
71, 445
1,350
1,441
1 363
22.35
22.35
22.35
22.35
47,771
80,027
1,606
49, 619
77,404
1,225
42, 662
73, 385
1,931
41,851
79 150
1,728
41,911
44, 710
34, 912
9,798
37 787
946
41 172
40, 479
30, 726
9,753
49 178
888
40, 447
41, 989
33, 245
8,744
38, 770
783
39 122
36,999
28, 070
8,928
42 042
867
40 838
35, 728
28, 682
7,045
49 506
1,061
38 248
33 178
26,475
6 703
39 506
965
20 383
21,273
6 065
26 421
25, 491
7 701
20, 378
21, 748
6 487
22 666
22 464
6 699
26 629
23, 687
9 551
21 280
21 501
9 371
8,538
13, 014
11. 567
10, 681
Creosote oil, production
thous. of gal.. 10, 167
10, 340
9,807
10,723
9,710
9,539
8,787
11, 334
10, 273
11, 277
DDT, production
thous. of lb_9,216
10, 703
10, 673
10, 190
10, 991
10, 742
11,592
10,310
7,809
6,171
7,017
7,726
9,006
6,639
7,765
6,124
Ethyl acetate (85%), production
do
7,636
7,702
9,360
84, 693
72, 854
74, 909 82, 831 86, 963
Ethylene glycol, production
_.-do...
55, 756
84, 885
81,911
75, 535 82, 575
90,684
93, 912
99, 344
82, 131
Formaldehyde (37%HCHO), production
do.... 104, 641 104, 700
97, 092 107, 005 111,181 107, 479 111,691 110, 519
Glycerin, refined, all grades:
15, 608
22, 102
20, 436
Production
_
_
. . . do. - - 18, 345 20, 461 21,384
22 943
23, 093
21 819
23 114
24 836
15 848
14 165 16 510
17 193
15 692
Consumption
do
15 719
17 647
16 055
16 297
17 054
15 686
25, 880
28, 146
30 241
26, 913 27,061 28,688
29,200
Stocks, end of month
_
do
36 680
37 448
30' 546 34 280
Methanol, production:
192
181
185
187
190
Natural
...
thous. of gal. .
186
197
186
196
206
178
17, 465
15, 886
16, 740
17, 463
17, 590
Synthetic
do
16, 071
19, 675
17, 698 17,206
19 020
17, 070
29, 735
31, 174
30, 414
Phthalic anhydride, production..
-thous. of lb._ 29,263 29,339 24,851 31, 582
29,749
29,980
30,522
28,714
* Revised.
v Preliminary.
1 Incomplete; comparable amount for February 1956 is 8,047,000 gallons.
9 Includes data not shown separately.
d^Data (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.
r
1
10, 166
11 083
6,791
81 632
121, 906
22 641
16 608
38 659
22 197
16 940
37 184
189
20 703
29, 625
204
p 22. 15
S-25
SUEVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
1956
1955
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
April
1,692
May
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
Consumption (10 States)®
thous. of short tons__
1,650
Exports, total 9
__
_ short tons
378, 068
Nitrogenous materials
do
76,515
Phosphate materials _ _ _ _ _ _
_ do_
268, 969
Potash materials
do
11,172
1,001
324, 909
48, 403
2f.7, 181
12, 160
559
232, 878
33, 511
177, 583
9,242
241
285, 452
31, 568
206, 699
35, 078
172
351,885
40, 228
270, 631
30, 368
292
488, 980
76, 340
377, 472
24, 752
440
472, 184
82, 376
362, 413
13, 771
42*
335,778
86, 295
239,033
18, 490
380
355, 131
107,810
228, 560
11, 379
404
296, 391
76, 338
196, 184
12, 542
703
403, 162
76, 991
288, 648
30, 016
1, 528
482, Oil
118,932
318, 514
32, 799
Import s, total 9
do
Nitrogenous materials, total.. _ _ _
do- _
Nitrate of soda
_ _
do
Phosphate materials- -~ _ _ . _ _ _ _ _ _ _ _ _ _ do Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses
dol per short ton
241, 269
177,029
61,015
9,712
25, 904
227, 540
160,943
71, 768
8, 030
15,778
164, 745
113,116
52, 914
2,536
12, 104
146, 927
80, 698
42. 876
15, 898
28, 107
124, 702
82, 693
26, 074
10, 421
6,798
175, 655
120, 566
57, 674
9,784
17, 946
148, 981
85, 402
28. 273
8, 654
33, 838
175, 413
121, 309
34, 652
10, 157
33, 407
194, 828
126, 789
53, 060
19,962
40,156
265, 143
200, 045
51,124
10, 200
38, 378
246, 620
173, 386
25, 109
7,920
32, 974
293, 081
187, 857
63, 410
11,474
51 , 501
51.25
51.25
51.25
51.25
51.25
51.25
51.25
51.25
51.25
51.25
51.25
51.25
51.25
Potash deliveries
short tons
Superphosphate (100% available phosphoric acid) :
Production . _ . - _ _ _ _ _ _ _ _
_
short tons
Stocks, end of month _
do
235, 857
164,411
61, 750
93, 209
115, 859
137, 897
153, 431
198, 820
223, 621
210, 257
257, 348
142, 446
289, 542
93, 769
291, 246
136, 990
292, 176
182, 209 ••214,998 ••216,397 r230, 776
301,413 '318, 612 r 333, 858 '376,099
253, 904
418, 373
243. 934 r'246,634
432, 524 371, 161
244, 644
302, 953
« '233,597 r211,171
a
7221,261 '246,140
r
145, 617
161, 564
f 51.25
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
thous. of Ib
High explosives _
_ ._
_ do_-_
Sulfur (native):
Production _ __ _ _ ..
thous. of long tonsStocks (producers') , end of month
do
451
75, 851
685
62, 651
346
65, 632
280
68, 967
315
60, 043
478
74, 622
466
69, 589
521
69, 983
411
67, 244
418
63, 900
522
65, 162
461
62, 357
526
70, 071
438
2,996
456
2,925
425
2,875
488
2,887
501
2,943
499
3,000
545
3,004
537
3,095
574
3,181
531
3,216
476
3,194
486
3,205
22, 451
15, 394
15, 893
16, 823
14, 938
15, 398
14, 552
12, 927
14, 283
19, 094
15, 322
14, 299
16, 956
15,018
12, 277
16, 326
15, 143
11,399
20, 261
14, 532
13, 492
16, 158
11,312
15, 423
17,913
12, 499
14, 519
21, 294
15, 024
14, 398
18, 957
14. 386
12; 316
19. 619
15. 972
11. 584
203, 501
138, 140
241, 165
204,311
132, 798
237, 456
190, 483
98, 629
249, 906
216, 060
128, 855
251, 071
206, 370
138, 630
252, 569
221, 236
137, 471
240, 419
249, 132
134, 692
267, 871
237, 018
137, 387
289, 745
240, 277
127, 518
303, 179
241, 645
132, 720
318, 893
240. 360
138, 274
331, 771
224, 044
134, 718
309, 836
9,989
11, 438
36, 045
40, 574
10, 968
68, 129
33, 986
9,337
61, 779
36,944
9,653
70, 455
26, 161
11,233
94, 337
15, 432
12, 375
98, 049
12, 200
12, 977
104, 893
5,235
13, 796
104, 728
1,570
10,911
85, 414
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases :d"
Tallow, edible:
Production
thous. of lb__ 15, 888
Consumption, factoryl - _ _ _ _ _ _
_ do
12, 356
Stock (inch refined grades), end of month
do
15, 067
Tallow and grease (except wool), inedible:
Production
do
192,363
Consumption, factoryl
- - -- do. __ 129, 273
Stocks (excl. refined grades), end of month
do
243, 923
Fish and marine mammal oils:A
Production t
do
1, 415
Consumption, factory
do
12, 732
Stocks, end of month
do
36, 962
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production, crudet
_
Consumption, crude, factory!. __
Stocks, end of month :J
CrudeJ
Refined §
.
Exports
_ _
___---_
Imports, total _ _
Paint oils
All other vegetable oils ._
Copra:
Consumption, factory
Stocks, end of month
Imports _
Coconut or copra oil:
Production:
Crude
Refined _ _ _ _ _ _ _
Consumption, factory:
Crudet
_
Refined
Stocks, end of month:
Crude
Refined
Imports -.
_
_
_
Stocks, end of month §}
Price, wholesale, drums (N. Y.)
'686
1,782
497
13, 562 ' 13, 048
10, 081
69, 536 ' 54, 579 49, 738
mil. oflb _
_ _ _do
441
486
443
496
415
495
390
391
414
447
493
482
671
573
665
597
616
591
639
590
607
614
584
624
529
543
do
do
617
703
579
656
514
564
490
479
485
429
504
409
563
426
654
468
678
523
692
567
645
566
621
550
609
595
thous. of Ib
___do _
do
do
26, 052
38,601
2,602
36, 000
50, 809
42, 447
2,766
39, 681
77, 636
45, 936
2,194
43, 742
111,154
36, 639
3,503
33, 136
40, 770
34,325
1,299
33, 026
68, 771
32, 250
3,933
28, 318
63, 517
24, 732
1,145
23, 587
76, 916
43, 677
3,375
40, 302
126, 802
40, 859
2,836
38, 023
131,374
51, 958
3,102
48, 856
109, 214
29, 121
2, 683
26, 438
169, 923
45, 478
4, 875
40, 603
short tons
do
do
31, 089
16, 674
25, 234
28, Oil
19, 231
31, 743
32, 933
18, 474
30, 524
22, 926
22, 292
28, 115
31, 203
17,697
25, 099
27, 420
24, 085
42, 014
31, 940
19, 431
27, 335
26, 873
17, 267
23, 401
25, 407
20, 137
22, 268
31, 035
23, 721
37, 014
21,590
16, 460
22, 990
24, 593
23, 023
31, 942
26, 708
21, 444
thous. of Ib
do
40, 438
28, 240
36, 056
29, 282
41,327
30, 955
29, 144
23, 909
39, 835
38, 211
34, 747
34, 988
40, 689
32, 465
34, 378
31,688
32, 532
25, 719
39, 330
28, 902
27, 263
30, 376
31,511
33, 254
33, 716
32, 478
do
do
43, 342
27, 496
46, 344
29, 755
46, 234
26, 402
34, 598
21, 431
54, 334
33, 155
52, 944
32, 556
49, 213
32, 720
49, 273
32, 535
42, 972
27, 072
47, 851
27, 613
48, 172
30, 756
52, 514
31, 756
52, 427
32, 251
do
do
do
73, 996
11, 054
9,633
73. 119
9, 554
9,835
78, 603
10, 174
14, 265
84, 979
12, 760
10, 969
85, 529
13, 242
15, 790
82, 533
14, 067
8,771
78, 825
12, 581
9,244
75, 871
14, 407
19, 139
75, 913
13, 164
10, 367
82, 707
15,108
20, 085
71, 642
12, 468
8,259
66, 659
16, 433
20, 617
61, 595
14, 616
13
318
705
7
285
422
19
197
243
131
165
209
349
212
345
1,066
494
917
1,689
708
1,898
1,406
781
2, 523
570
672
2,421
169
692
1,898
72
618
1,353
38
497
895
16
387
523
154, 119
273, 098
139, 630
266, 945
95, 378
237, 998
78, 293
203, 090
103, 409
169, 703
233, 349
150, 240
328, 503
170, 721
370. 633
173, 742
317, 153
163, 049
320, 731
191, 461
287, 668
220, 215
229, 954
250, 690
179, 398
258, 381
110, 834
106, 593
101,987
96, 409
67, 251
73, 552
56, 962
53, 915
70, 391
58, 955
159, 431
87, 689
236, 807
155, 640
262, 589
204, 267
226, 931
192, 182
231, 041
192, 547
211,401
180, 058
170, 524
155, 007
136, 275
123, 785
117, 110
119, 302
19, 165
105, 709
135, 366
21, 325
87, 033
134, 560
20, 718
59, 120
95, 852
14, 330
57, 996
105, 137
16, 336
96, 846
101, 707
20, 868
140, 847
125, 255
24, 473
189, 943
130, 453
31, 115
185, 720
117,038
26, 834
174,915
123,015
31, 208
182, 780
147, 672
30, 949
180, 538
148, 382
32, 223
148, 190
116, 480
19, 034
Cottonseed :J
Receipts at mills
thous. of short tons..
Consumption (crush)
_
_do_ _.
Stocks at mills, end of month
do
Cottonseed cake and meal:}
Production
short tons__
Stocks at mills, end of month
do
Cottonseed oil, crude:J
Production
thous. of Ib-Stocks, end of month
do
Cottonseed oil, refined:
Production
_ __
do
Consumption, factory
_ __do _
In margarine-.
__do
mil. of lb__
_.doh per lb__
.
562
527
433
344
273
287
324
378
283
417
417
397
416
.199
.222
.207
.188
.215
.201
.191
.204
.188
.188
.192
.223
.224
*.225
Revised.
* Preliminary.
1 Beginning 1956, "other phosphatic fertilizers" are included. Such data for January 1956 are as follows: Production, 17,340 tons; stocks, 20,843 tons.
0 States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,
consumption in that State is as follows (thous. short tons): 1955—January-March, 287; April-June, 349; July-September. 71; October-December, 92; 1956—January-March, 270
9 Includes data not shown separately.
cf For data on lard, see p. S-29. Figures prior to 1955 for tallow (not shown in the 1955 BUSINESS STATISTICS) will appear later.
1 Consumption figures for edible tallow exclude quantities used in refining; those for inedible tallow, etc., include such quantities.
A Beginning 1955, data may include some refined oils (not formerly included); consumption figures exclude data for cod, cod-liver, and other liver oils, and stocks include only the quantities
of these oils held by producing firms.
J Revisions for January -July 1954 (August 1953-July 1954 for cottonseed and products) will be shown later.
§ Includes stocks owned by the Commodity Credit Corporation.
° Revisions for January-March 1955 (short tons): Production—209,117; 210,215; 228,814; stocks—347,171; 347,738; 274,332.
f
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1956
1955
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
3,202
4.213
3.68
April
May
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Con.
Flaxseed:
Production (crop estimate)
thous. of bu
Oil mills:*
Consumption
do_
Stocks, end of month
_ do
Price, wholesale, No. 1 (Minneapolis). dol. per bu.Linseed oil, raw:
Production!
thous oflb
Consumption, factoryt
do_
Stocks at factory, end of month J
_ ___do_ _
Price, wholesale (Minneapolis)
dol. per lb_Soybeans:
Production (crop estimate)
thous. of bu
Consumption, factory
_ _ _ _ do__
Stocks end of month
do
Soybean oil:
Production:
Crude
_ thous. of Ib
Refined . _
. do
Consumption, factory, refinedt
do
Stocks, end of month:
Crude
do
Refined!
do.- Price, wholesale, refined (N. Y.)
dol. per lb__
Margarine:
Production
thous. of Ib
Stocks (factory and warehouse), end of mocf-do
Price, wholesale, colored, delivered (eastern II. S.).
dol. per lb_Shortening:
Production
thous of Ib
Stocks end of month c?
do
!
1 40, 638
1,861
1,654
3.24
2,014
1,006
3.34
1,552
1,035
3.35
2, 023
1,807
3.29
2,635
3,034
3. 15
3,064
4,797
3.08
4,275
7,166
3.10
3,132
7,542
3.17
3,263
6, 695
3.21
3,268
5, 573
3.35
2,978
5,764
3.47
36, 801
45, 085
161, 853
.125
40, 707
43, 619
139, 750
.131
30, 891
50, 888
110,324
.131
41, 248
45. 991
62, 259
.132
52, 553
46, 629
63, 138
.135
61, 403
46, 724
68, 623
.136
84, 708
56, 220
80. 294
.130
62 493
41,236
108, 296
.127
64 470
43, 583
136,013
.128
64, 490
42, 102
135, 331
.133
59, 172
43,716
130, 393
.146
24, 445
73, 783
24, 528
70, 861
25, 365
67, 366
25, 259
57 931
1
2,171
3,368
3.77
3.83
63, 428
43 243
r
45, 266 37, 723
r
134, 959 125, 738
.156
'.159
P158
20,031
12,912
21,012
10, 200
22, 119
10, 775
21, 347
10, 541
19, 891
7,201
18,712
20, 117
25, 388
74, 133
25, 394
88, 365
371, 276
23, 869
81,784
218, 083
199, 755
194, 676
229, 163
217,411
211, 230
243, 635
224, 826
216, 075
235, 756
182, 704
166. 083
219, 494
213, 4M
190, 072
206, 411
202, 904
210, 645
279, 908
240, 688
220, 896
277, 042
232, 664
215,687
261,550
232, 155
234, 323
270, 046
239, 846
238, 205
271, 253
249, 371
249, 526
281, 442
251,048
250, 241
280, 688
218, 831
1 92, 705
104, 438
66, 197
.186
94, 695
64, 702
.188
83, 164
67, 247
.191
119, 559
67, 093
.185
113,578
78,623
.181
109, 178
70, 699
.171
109, 695
77,514
.174
135, 084
82, 310
.175
138, 232
79, 686
.173
137, 246
81, 682
.182
128, 177
81, 159
.196
132, 552
80, 018
'.214
176,400
104, 987
.215
104, 407
26, 428
112,569
23, 484
105, 024
25, 580
79, 699
24, 252
91,592
20 632
113, 923
22, 206
124, 428
25, 881
116,447
22, 835
115,218
23, 703
133, 853
22, 611
135, 905
25, 924
127, 166
26, 317
83, 514
26, 853
.273
.273
.273
.273
.273
.273
.273
.273
.273
.273
.273
.293
.293
159, 921
158, 191
182,210
145, 034
188,782
154, 234
121 993
138,949
151,447
149,813
158, 370
140, 726
180, 783
136, 658
161 917
137,012
141 387
142, 961
150,136
125, 447
183 015
120, 587
170, 845
120, 101
144 623
146, 485
PAINTS, VARNISH, AND LACQUER
Factory shipments, total
thous. of dol__ « 1-139, 981 'r148, 406 r 154, 176 r r128, 542 r r141, 491 'r136, 952 «• r128, 546 «• r122, 190 * 104, 144
°r 56, 236
57, 543 ' 59, 659 50 181
58, 210
54, 941
57, 357
55, 684 >• 48, 235
Industrial sales
do
«"-83,745 ' 90, 863 ' 94, 517 r 78, 361 r 83, 281 '•82,011 r 71, 189 ' 66, 506 * 55, 909
Trade sales
_ do
129, 261
52, 522
76, 739
122, 361
50, 770
71, 591
131,518
56, 329
75, 189
136, 228
57, 449
78, 779
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes
_ thous. of lb__
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
Alkyd resins
Rosin modifications
Miscellaneous
do
do
_. ._ do
do
do
do _
do
3, 265
7,574
427
584
3, 247
7,758
403
561
3,903
7,723
415
333
2, 283
6,271
260
313
3,390
7,681
413
332
4,012
8,728
396
430
3,880
8,374
415
385
3,495
8,394
451
643
4,041
7,705
428
433
3,508
6,492
519
450
39, 448
41, 824
23, 711
56, 773
38, 835
12, 096
47, 846
39, 876
42, 550
22, 636
61, 731
38, 444
11,820
48, 750
41, 994
42, 273
21, 231
56, 118
39, 136
11, 665
47, 143
30, 288
35, 749
17,110
54, 628
31, 979
12, 303
44,395
39, 087
41, 144
22,416
57, 022
35, 886
10, 767
47, 884
42, 221
50, 304
24, 280
60, 968
36, 700
12, 148
52, 722
44,619
48, 460
26, 498
62, 159
35, 480
12, 628
55, 953
44, 665
48, 272
25, 197
62, 200
34, 464
11, 083
57, 917
43, 044
47, 434
24, 206
61, 285
35, 689
10, 617
58, 247
r
3, 426
7,178
497
501
4,296
8,007
501
488
43, 407
47, 002
26,411
66, 890
32, 409
10, 823
62, 352
42, 799
40, 401
26, 507
61, 607
32,
392
r
12, 055
59, 680
43, 932
43, 272
25, 161
66, 675
33, 482
11, 468
60. 382
P . 233
p. 298
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil. of kw.-hr
Electric utilities, total
do
By fuels
do
Bv water power - - do. -Privately and municipally owned utilities
Other producers (publicly owned)
Industrial establishments, total
Bv fuels
By water power
-
48, 376
42 035
31, 567
10, 468
49, 939
43, 354
33, 539
9, 815
50, 725
44, 234
34, 525
9,709
52 924
46 625
37, 275
9,350
55 917
49, 353
39, 821
9,532
52, 907
46, 335
38, 168
8,167
54, 206
47, 367
38, 601
8, 766
54, 513
47, 751
38, 543
9,208
57, 571
50, 715
41, 408
9,307
58, 092
51 120
41, 764
9, 356
54, 630
47, 988
37, 362
10, 626
57, 404
50, 344
38, 565
11,779
54, 300
47, 489
35, 937
11, 552
do
do
34, 257
7 778
35, 326
8 028
36 012
8 222
37 848
8 777
40 179
9 175
37, 595
8 740
38, 759
8 608
39, 100
8 651
41, 477
9,238
41 769
9 351
38, 671
9,316
40, 509
9 835
38, 363
9 126
do
do
do
6 341
6 017
324
6 585
6 277
308
6,490
6 204
286
6 299
6 052
247
6 563
6 309
254
6,572
6,365
207
6,839
6 608
231
6 762
6 524
237
6, 856
6 632
224
6 972
6 741
231
6,642
6,368
274
7,060
6,757
303
6,812
6 499
313
38, 140
38, 127
38, 850
39 557
41, 957
42, 122
41, 829
41, 688
43, 654
44, 752
43, 994
43, 738
6, 225
19, 496
6,240
20, 248
6, 586
20, 778
7,061
20 551
7, 497
21 895
7,476
21, 982
7,026
22 512
6,738
22 364
6, 945
22, 702
7, 054
22 680
6,924
22, 441
6, 862
22, 775
374
9,917
928
334
817
50
365
9,208
879
314
822
49
370
8, 975
958
296
837
52
335
9 262
1,160
305
833
49
352
9,706
1,266
330
860
52
354
9,812
1,213
356
876
54
356
9,672
954
396
862
51
391
10 073
770
422
883
47
433
11,495
699
452
876
50
427
12, 529
683
455
877
48
398
12, 200
684
414
891
42
405
11, 562
778
400
906
51
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
Residential or domestic
Rural (distinct rural rates)
Street and highway lighting
Other public authorities .
Interdepartmental
-
do
do
do_- do
do ._
do
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of dol- - 644, 841 639,059 647, 704 661, 284 690, 352 695, 804 684, 701 681, 561 712, 806 734, 354 725, 160 714, 161
r
1
Revised.
v Preliminary.
December 1 estimate of 1955 crop.
t Revisions for January-July 1954 will be shown later.
<? Beginning January 1955, data exclude quantities held by consuming factories.
o Revisions for shipments of paints, varnish, and lacquer, January-March 1955 (thous. dol.): Total, 113,891; 107,932; 137,731; industrial, 47,654; 46,883; 57,058; trade, 66,237; 61,049; 80,673.
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-27
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
6,629
5,803
9,734
7, 855
6, 790
10,290
April
May
ELECTRIC POWER AND GAS—Continued
GAS
Manufactured and mixed gas (quarterly ):d"
Customers, end of quarter, total _ _ _ thousands. .
Residential (incl. house-heating)
do
Industrial and commercial __
_ do __
Sales to consumers, total
mil. of therms
Residential (incl. house-heating) _ _ .. do _
Industrial and commercial
do
Revenue from sales to consumers, total -thous. of dol.
Residential (incl. house-heating)
_ _ . .do. _
Industrial and commercial
do Natural gas (quarterly ):cf
Customers, end of quarter, total
thousands _.
Residential (incl. house-heating)
._ d o . _ _
Industrial and commercial
.
do__
Sales to consumers, total
mil. of therms
Residential (incl. house-heating)
do _
Industrial and commercial
- do_ .
Revenue from sales to consumers, total. thous. of dol Residential (incl. house-heating)
_ do, .
Industrial and commercial - _ . .
do.. -
5,361
4,961
398
827
516
302
110, 431
79, 476
30, 325
5,173
4 793
378
546
274
264
75, 929
50, 946
24, 467
5, 055
4,688
364
884
581
292
117, 622
86, 431
30, 534
22, 973
21 212
1,734
12, 044
1,741
9 590
478, 745
194 055
267, 158
23, 847
21 920
1,899
16 391
5, 510
10 164
814, 618
463 809
331,590
r
22, 641
20, 870
1,744
14, 221
3, 931
9,602
648, 215
342, 971
287, 646
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8,284
Production}
thous. of bbl._
7,187
Taxable withdrawals
__
do
Stocks end of month }
do
10, 815
Distilled spirits:
Production }
thous. of tax gal__ 14, 962
Consumption, apparent, for beverage purposes
thous. of wine gaL. 15, 505
Tax-paid withdrawals!
thous. of tax gal-- 11,422
844, 138
Stocks, end of month}. _
_
do-_
1,783
Imports
_
thous. of proof gal
Whisky:
Production}
___thous. of tax gal - 10. 122
5, 361
Tax-paid withdrawals} ,__ _ _ _.
do__
713, 985
Stocks end of month}
_ do
1,620
Imports
_ _ _
thous. of proof gal
Rectified spirits and wines, production, total 9 }
6,340
thous. of proof gal. 5,718
Whisky}
- do .
Wines and distilling materials:
Effervescent wines:
212
Production} _
__ _ _ thous. of wine gal _
Taxable withdrawals}
do
108
Stocks, end of month}
__ _ __ __ _do_
1,420
Imports
do
42
Still wines:
Production}.
do_
1, 322
Taxable withdrawals §}_
do ... 10, 982
Stocks, end of month §}
. _ __ ___ _ do _
150,398
539
Imports.
_ _
_ _ __ _ _ _
. do. _
Distilling materials produced at wineries}
do
2,325
8,968
7,998
11, 278
9,394
8,460
11, 627
8,913
8.608
11, 380
9,210
9, 025
11, 000
7,252
7,405
10, 380
6,432
6,248
10, 166
5,775
6,129
9,427
6,169
6, 296
8, 896
6,406
5, 625
9,291
7,927
6, 751
11,097
13,155
13, 421
9, 391
11,379
19, 388
34, 917
31, 189
23, 033
17, 458
16, 888
19, 181
16, 130
10, 825
844, 320
1,734
16, 915
13, 774
841, 496
1,983
14, 217
10, 951
838, 800
1, 596
15,673
11, 369
836, 110
1,591
16, 906
13, 613
834, 529
2,253
18. 507
17,083
832, 581
2, 525
20. 856
16, 731
833, 201
3,620
23, 847
10, 486
840, 638
2,504
13, 371
9,279
846, 286
1,521
14, 616
11, 523
847, 965
1,762
11, 400
13, 528
850, 415
1,868
9,073
5,181
716, 078
1,560
8, 915
6, 567
715,861
1,816
5, 550
4, 526
715, 550
1, 484
8,142
5, 267
716, 304
1,421
11, 189
7, 226
717, 568
2,031
12, 863
9,216
717, 991
2, 310
13, 538
8,978
719, 656
3,282
12, 716
5, 671
724, 706
2, 253
10, 682
4,899
728, 418
1,346
10, 614
6,130
729, 962
1,562
12, 268
7,051
731, 805
1, 685
5, 657
4,909
7,783
6,810
5, 992
5,315
5,310
4,237
7,382
6,383
10, 156
9,013
9,930
8,761
5, 800
4,906
4, 799
3, 918
6,223
5,476
6, 921
6,015
178
111
1,473
51
266
137
1,401
51
70
78
1, 567
33
175
114
1,613
36
102
132
1,570
54
106
191
1,458
79
160
247
1,346
132
200
279
1,257
116
139
131
1,246
46
286
96
1,419
34
184
136
1,453
38
273
123
1, 590
1, 281
10, 174
140, 895
526
648
1,267
10, 842
128, 475
513
606
728
8,929
122, 153
417
900
1,487
9,926
112, 250
393
5, 633
19,571
11, 120
120, 826
452
52, 431
72, 474
13, 347
184, Oil
618
145, 546
43, 340
13, 369
214, 698
889
93, 598
10, 105
12, 867
207, 560
756
27, 478
3,196
10, 894
197, 964
563
6,602
1,994
11, 286
186, 738
524
2, 185
1,856
12, 816
175, 668
544
741
1,656
11,051
165, 224
129, 375
293, 203
.579
158, 535
308, 154
.579
153, 080
334, 501
,578
124, 895
352, 139
.578
102, 465
327, 617
.582
91, 585
295, 043
.590
94, 070
91, 040
256, 626 202, 204
. 586
.584
104, 555
163, 136
.588
113. 260
131, 664
.580
111,600
97, 907
.581
127, 430
87, 840
.580
133, 475
78, 882
.587
80, 551
.594
126,175
95, 890
501, 090
467, 671
4,195
162,970
129,475
527, 739
493, 909
3,708
157,900
126,330
581, 168
542, 609
3,453
129,225
100,715
597. 985
561. 482
2, 530
113,990
85, 340
596, 891
562, 419
3, 567
99, 595
70, 795
592, 241
559, 448
3,174
91, 200
63, 070
566, 481
536, 355
5, 508
84, 970
56, 100
531,094
505, 435
6,890
93, 190
61, 380
518, 885
492, 124
5,795
97, 030
65, 250
496, 746
469, 336
3,294
97, 485
66, 345
464, 397
438, 209
3,488
116, 685
81, 735
460, 421
433, 358
5,114
128, 640
94, 840
456, 279
426, 887
478, 340"
447, 918
,370
.368
.368
.368
.368
.389
.378
.379
.378
.375
.369
.369
.372
2.125
255, 750
1,700
325, 750
2,140
304, 500
3, 000
257, 800
3, 010
227, 500
2,540
184, 500
3, 925
164, 500
3,875
142, 200
4,025
152, 800
3,150
164, 200
4,285
171, 500
3, 410
209, 900
4, 660
239, 800
5, 783
135, 214
5,523
261, 402
5,570
357, 514
6,457
412, 888
7,171
448, 405
5,482
427, 570
7,397
384, 261
7, 556
274, 432
4,752
213, 202
6,222
157, 214
8, 230
110, 578
8,133
111,613
7, 038
124, 880
38
16, 612
81
9,866
200
10, 205
717
12, 419
1, 513
9, 745
436
12, 346
1,433
10, 407
1,512
17, 445
2,009
12, 243
834
16, 273
714
16,816
2,774
11,183
617
DAIRY PRODUCTS
Butter, creamery:
Production (factory) }..
___
thous. of Ib _
Stocks, cold storage, end of month
do
Price, wholesale, 92-score (New York)_._dol. per lb__
Cheese:
Production (factory), total }
thous. of lb_.
American, whole~ milk }
_
do
Stocks, cold storage, end of month, total.. .. do_
American, whole milk
do
Imports
.
do
Price, wholesale, American, single daisies (Chicago)
..
_ . _
_
dol. per Ib
Condensed and evaporated milk:
Production, case goods: }
Condensed (sweetened) ._
thous. of Ib
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of month:
C on (1 ensed (sweetened)
thous . of Ib _ _
Evaporated (unsweetened) _ _ _ _ _ _
do
Exports:
Condensed (sweetened)
do ...
Evaporated (unsweetened)
do
Price, wholesale, U. S. average:
Evaporated (unsweetened)
dol. per case. .
Fluid milk:
Production}
mil o f l b
Utilization in mfd. dairy products
do
Price, wholesale, U. S. average*
dol. per 1001b__
Dry milk:
Production: }
Dry whole milk _
_
thous of Ib
Nonfat dry milk solids (human food)
_ do
Stocks, manufacturers', end of month:
Drv whole milk
do
Nonfat dry milk solids (human food).
. do
Exports:
r
r
r
5.57
5.57
5.57
5.57
5.57
5. 57
5.57
5.64
5.71
5.71
5.69
5.68
5.68
11, 156
4,485
3.74
12, 844
5,591
3.62
12, 520
5,415
3.63
11, 453
4, 449
3.80
10, 515
3,775
3.98
9,434
3,322
4.17
9,222
3,244
4.36
8,668
3,075
4.43
9, 158
3,453
4.36
9,604
3, 679
4.24
9. 582
3,680
4.14
11,024
4,282
3.98
11,512
4,592
3.84
9, 100
152, 800
10, 650
197, 800
10, 325
181, 300
8,070
127, 500
7,400
98, 600
8. 900
89, 100
8,300
88, 200
8, 925
87, 500
8,750
113, 700
7,150
124, 900
8,700
127, 050
9,700
152, 000
9, 450
168, 950
7,477
88, 341
9, Of>7
129, 676
10, 773
150, 166
12, 281
140, 651
11,875
16, 969
10, 998
101, 502
10, 314
87, 848
10,687
81, 020
8,587
80, 763
8,883
83, 883
8,914
81,719
8,304
91, 928
8,522
100, 980
.382
12, 974
3.86
3,111
4,626
3,196
3, 901
4,588
2,871
3,244
3,988
5, 938
2,015
4,710
4,340
Nonfat dry milk solids (human food)
do
22, 455
2,060
33, 476
17, 066
17 371
17, 859
19, 348
26, 148
4,701
22, 925
26, 720
17, 236
Price, wholesale, nonfat dry milk solids (human
food), U. S. average
dol. per lb__
.152
.153
.153
.154
.153
.155
.154
.154
.154
.154
.154
.154
.154
T
Revised.
cP Revisions for 1953 and for the 1st arid 2d quar ters of 195 4 are aval] able upon request. Totals iriclude dal a not shown separ ately.
}Revisions for the indicated items and for the peric ds specifi ed are avililable up on reques t as follo\vs: Alcohc lie bevera jes, July- NTovembe r 1954; dai ry produc to— butter, cheese. ( ;otal and
American), evaporated milk, and nonfat dry milk solids January 1953-Aug ist 1954; c ondensed milk and dry whole milk, Jaimary-Au gust 1954; fluid milt:, product ion, Janmiry 1951-1December
1954.
9 Data beginning July 1955 exclude production of w mes and \ ermouth; for July 1 954-June 1955, suet product!on totalec 70,000 ga lions,
§Data include vermouth and aperitif wines other trlan vermc uth.
*New series, representing average price received by farmers fc>r all milk sold at w holosalo t o plants and dealer s; data pr or to Jam lary 1955 will be sh jvvn later.
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 195(
1955
April
June
May
August
July
1956
Septem- October Novem- December
ber
ber
J
a?y"
F
U
try "
March
"APril
Mav
FOODSTUFFS AND TOBACCO— Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thotis. ofbu _
Shipments, carlott_
no. of carloads..
Stocks, cold storage, end of month
thous. of bu__
Citrus fruits, carlot shipment-si - no. of carloads. Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. of lb_ Fruit juices
do _
Vegetables
do
Potatoes, white:
Production (crop estimate)
thous. of bu
Shipments, carloti
no. of carloads.Price, wholesale, U. S. No. 1 (New York)
dol. per 100 lb__
I
r 2, 184
4,114
r 9, 654
222, 407
444, 280
426, 679
r 1, 865
1,677
r
r
810
376
9, 902 ' 10, 031 <• 8, 272
208, 365
506, 638
396, 454
250, 582
492, 970
418, 876
' 21, 096 ' 18, 652 r 24, 804
391,944
417, 332
482, 910
T
'247
233
360
212
10, 055
r
' 4. 791 r 4, 529
6, 501
470,439
325,288
672,574
440, 672
362, 434
605, 154
r
9, 481
2,935
34, 854
r 3, 484
34, 379
•"603
9,121
T
12, 043
r
i 105,293
' 2, 864 2,342
27, 321
20, 618
2,511
13, 931
8,398
8,907
4, 719 ' 10, 928
458, 921
287, 547
692, 821
444, 087
245, 393
663, 160
T
r
420, 092
249, 910
624, 049
1
381,631
r
389, 245
321, 536
55S, 178
r 2, 929
3, 863
1, 996
1,265
11,436 r 10. 457
11,354
341, 964 r' 300,058 256. 029
398, 941 399,902 434, 967
495, 546 450,388 427, 200
281, 784
538, 091
415, 766
r
3,105
8, 137
18, 039
23, 446
4.175
4.070
4.795
44, 355
41, 829
38, 480
58, 386
1390,969
14, 266 ' 13, 319 13, 975
13, 013
8,913
14, 020
14, 812
7.167
6.508
4.131
2.563
3.269
3.033
3.217
29, 320
29, 863
41, 499
50, 338
47, 188
39, 899
35, 918
7,140
9,112
18, 249
24, 067
26, 258
16, 156
19, 701
16, 954
23, 527
do _
2
43,724
_ do
~"3,~347"
~"~4~963~
5,369
do
31, 574
32, 696
dol per bu
- - do
1.443
1.342
1.421
1.291
1.412
1.290
1.279
1.180
1.271
1.171
1.240
1.127
1.258
1. 155
1. 251
1.130
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 yellow (Chicago)
- dol. per bu
Weighted average, 5 markets, all grades _ _ _ - _ do
10, 621
13, 028
11,524
18, 433
11,912
19, 683
10, 938
17, 535
12, 541
30, 689
11,358
28,185
12, 502
40, 062
11, 590
51, 592
46, 385
41,315
27, 070
28, 050
65, 517
4,408
11, 768
8,088
31, 710
2
310. 8
11,352
38, 721
4,784
36, 805
948.9
5, 666
11,292
1.460
1.439
1.482
1.487
1.473
1.483
1.472
1.490
1.305
1.323
1.307
1.244
thous. of bu_
5, 392
6, 629
8, 371
23, 146
22, 109
8,727
_ _ _ _ do_ .
15,866
14, 498
23, 085
38, 217
Exports including oatmeal
do
Price, wholesale, No. 3, white (Chicago)". dol. per bu_
1,782
.712
15, 833
2249,213
3,274
1,527
.710
.708
15, 578
3.206
2.881
38, 968
18, 558
r
19, 633
18, 919
5.695
* 6. 540
GRAIN AND GRAIN PRODUCTS
Exports (barley corn oats rye wheat)
Barley:
Production (crop estimate)
Receipts, principal markets
Stocks, domestic, end of month:
Commercial
On farms
_
Exports, including malt
Prices, wholesale (Minneapolis):
No 2 malting
No 3 straight
Corn:
thous of bu
do
do
_._ _ _
15, 721
16, 485
22, 829
21, 747
24, 980
28, 468
27, 038
28, 168
26, 149
25, 275
115, 784
256, 013
189, 510
8,418
~"
12,"
168"
~~~4~549~
8,400
7,848
"9,017"
~~"9,~570~ ~~~57650~
"~4,~661~
23, 834
28, 720
1.235
1.116
1.239
1.099
1.235
1.056
1. 275
1.123
1.313
1.194
1.311
1.201
3 185
11,188
22, 843
11, 686
22, 993
12, 036
23, 305
11,963
26, 727
11,142
27, 442
26, 672
73, 496
76, 559
87, 270
8, 554
7,149
79, 860
1, 477. 0
7,873
84, 202
10, 855
70, 910
2 191 4
12, 344
1.188
1.180
1.173
1.201
1.250
1.269
1.245
1.268
1.259
1.285
1.321
1.327
1.452
1.497
5,185
6,349
1
Oats:
1
Receipts, principal markets§
Stocks, domestic, end of month:
Commercial
2,049
(3)
37, 581
1,246,086
1,612
2,175
.578
.610
33, 297
27, 283
3,123
(3)
2,838
.635
Rice:
Rye:
Production (crop estimate)
thous of bu
Receipts, principal markets §
_ do
Stocks, commercial, domestic, end of month___do
Price, wholesale, No. 2 ( Minneapolis) _._dol. per bu__
Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
Receipts principal markets §
mil of bu
do
do
thous of bu
flour
do
do
23, 349
43, 754
119, 108
101, 451
142, 168
93, 542
133, 772
117,056
89, 733
59,811
67, 491
72, 047
47, 693
49, 203
17, 510
18, 276
115,091
10, 437
88, 903
15,054
65, 285
12, 660
71,627
238, 219
120, 707
610.1
75, 114
.105
599.2
123, 393
.113
495.9
76, 788
.113
389.4
137, 272
.113
282
8,498
1.246
291
6,679
1.233
858
6,496
1.142
2,877
8,673
1.042
' 24, 150
Stocks, end of month:
324, 164
Canada (Canadian wheat)
do
United States domestic totaled
mil of bu
Commercial
thous. of bu_ . 351, 749
I n t e r i o r mills, elevators, and warehouses
thous of bu
Merchant mills
do
On farms
do
Exports total including
\Vheat only
26, 575
981 205
2,765
.694
1
California:
Receipts, domestic, rough
thous. of lb_.
Shipments from mills milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of lb_ .
Southern States (Ark., La., Tenn., Tex.):
Receipts, rough, at mills
_ _ _ _ . do ._,
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of month
mil of Ib
Exports
thous oflb
Price, wholesale, head, clean (N. 6.)
dol. per l b _ _
19,315
14, 190
38, 436
323, 669
364, 462
27, 733
2,947
.668
1,186
.655
.682
.708
69, 504
35, 426
59, 401
38, 185
57, 841
30, 936
46, 331
22, 791
53 420
22, 693
7,241
136, 489
27, 053
66, 097
24, 959
46, 122
21, 970
24, 692
81, 284
106,170
100, 920
103, 365
106, 868
29, 721
108, 851
40, 692
103, 244
33, 313
114,555
25. 092
72, 920
360.6
42, 291
.093
661.6
150, 886
.089
1,097.0
153, 729
.089
1,127.8
128, 445
.093
1, 054. 0
70, 735
.093
956. 6
32, 417
.091
875.5
48, 607
.089
708.9
120, 183
.086
533.7
.086
p. 089
1,638
9,138
1.046
902
8,932
1.112
1,384
8,136
1.061
1,674
8,414
1.026
i 29, 187
1,553
8,369
1.156
820
6,731
1.160
440
5,280
1.216
552
4,296
1.222
1,666
4,080
1.241
4,401
5,737
1.164
29, 874
* 922. 7
* 252. 3
< 670. 4
26, 851
348, 489
1 021.6
380, 409
378, 766
372, 182
446, 093
36, 015
207, 128
31, 802
24, 768
374, 487 366, 890
1 753 7
448, 678 440, 750
363, 288
421, 248
594, 312
141 403
428, 541
27, 114
23, 376
9,350
21, 697
61, 953
112, 522
57, 958
26, 800
22, 382
5,404
21,916
101, 792
22 399,298
60, 144
2
39,130
18, 959
14, 801
5,432
24, 760
588, 277
893
.661
95, 868
101, 574
427, 416
6,855
27, 333
986, 179 1,032,421 241, 850
260, 028 185,179 121, 168
45, 199
215, 993
13
2
1 576
8,887
11,313
1.523
1.521
24, 966
21, 227
17, 655
14, 614
i 938. 2
i 232. 8
i 705. 4
21,007
213, 684
28, 577
26, 046
23, 929
256, 832
364, 732 358, 515
1 542 0
403, 181 390, 669
349, 280
339, 863
1, 287 6
366, 412
381, 756
19, 312
14, 534
20, 503
15, 984
341, 277
467, 785
102, 515
218, 850
550, 101
126, 878
320, 800
11, 422
7,153
330, 693
357, 301
24, 762
20, 830
24, 949
21,374
40, 361
35, 834
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.481
2.429
2.475
2.481
2.487
2,513
2.621
2.511
2.668
2.734
2.478
2.447
2.742
2.505
dol. per bu__
2.242
2.333
2.198
2.216
2.285
2.531
2.242
2.253
2.190
2.160
2.155
2.461
2.151
2.207
No 2, hard winter (Kansas City)
do
2.210
2.225
2.327
2.206
2.156
2.153
2.204
1.968
2.035
2.278
1.948
1.945
1.923
2.043
No. 2, red winter (St. Louis)
_ do
2.437
2.445
2.388
2.423
2.445
2.478
2.461
2.263
2.445
2.407
2.593
2.666
2.428
2.397
Weighted avg., 6 markets, all grades
do
r
Revised.
» Preliminary,
*• December 1 estimate of 1955 crop.
2 Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
3 NO quotation.
< June 1 estimate of 1956 crop.
§Toledo included beginning with June 1955.
9 Bags of 100 Ib.
d"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.
^Revisions for January-March 1955 (no. of carloads); Apples—2,394; 2,399; 2,503; citrus fruits—9,495; 8,701; 9,633; potatoes—18,293; 16,772; 22,675.
SURVEY OF CURRENT BUSINESS
June 1056
S-29
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flour
thous. of sacks (100 lb.)__ 17, 428
78. 1
Operations percent of capacity
Offal
short tons - 347, 874
40, 443
17, 612
82.6
356, 099
18, 615
76 0
371, 633
19, 174
85 7
377, 855
21, 000
93.8
411, 194
19, 758
88 3
384, 694
19, 317
86 3
376, 700
19, 490
87 1
379 505
17, 861
79 5
347 255
41, 063
43, 239
44, 301
48. 369
45, 489
44, 462
44 818
41 055
r 44 044
4 632
1, 305
40, 691
42, 944
2,199
1, 785
4 111
1, 896
1,604
1,605
6. 645
6.060
6.990
6.225
6.800
6.030
6. 755
6.150
6.030
5.775
596
1, 452
2, 040
272
588
1, 560
2,277
236
611
1,641
2,122
149
550
1 , 524
1,956
169
23.36
21. 25
26.00
22. 18
20.01
24. 00
22. 15
19.03
22.52
23.00
4,472
2, 473
4,164
2. 337
3,713
2,140
3,428
1,929
16. 48
16. 39
17.54
16.12
12.2
11.7
13.1
11.9
1,180
1,302
156
1, 228
1,246
1,205
1, 110
96
21.50
19. 83
23.00
0)
23.50
1, 736
1,760
1,753
822
74
22
740
614
51
29
844, 205
143, 849
1, 934
8. 361
901, 574
130, 593
952, 637
2,547
8,760
2,188
13, 197
Grindings of wheat
thous. of bu_Stocks held by mills, end of quarter
thous of sacks flOO Ib )
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
dol. per sack (100 lb.)__
Winter, hard, short patents (Kansas City). .do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous. of animals- Cattle
do
Receipts, principal markets
- do __
Shipments feeder to 9 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 Ib Steers, stocker and feeder (Kansas City)
do
Calves, vealers (Chicago)
do
Hogs:
Slaughter (federally inspected)
thous. of animals-Receipts principal markets
- -- _ _ _ do _
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb-_
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog-_
Sheep and lambs:
Slaughter (federally inspected)
thous. of animals
Receipts principal markets
do
Shipments feeder to 9 corn-belt States
- do
Prices, wholesale:
Lambs average (Chicago)
- dol. per 100 Ib Lambs, feeder, good and choice (Omaha)
do
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
_ _ . _ _ mil. oflb
Stocks (excluding lard), cold storage, end of month
mil. of Ib-Exports (including lard)
-- do _ Imports (excluding lard)
- do
Beef and veal:
Production, inspected slaughter
thous. of lb._
Stocks cold storage end of month
-do
Exports
do
Imports
- do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs) (New York)
dol. per Ib
Lamb and mutton:
Production, inspected slaughter
thous. o f l b _ .
Stocks cold storage end of month
do
Pork (including lard), production, inspected slaughter
thous. of Ib .
Pork (excluding lard):
Production inspected slaughter
do
Stocks cold storage end of month
do
Exports
do
Imports
do
Prices, wholesale:
Hams, smoked, composite
___
-dol. per lb._
Fresh loins 8-12 Ib average (New York) . do
Lard:
Production, inspected slaughter
thous. of lb_.
Stocks, dry and cold storage, end of month
do
Exports
do
Price, wholesale, refined (Chicago)
dol. per lb_-
17, 523
18, 470
78 4 '
78 8
349, 892 371, 280
113
55
27
0)
117,362
r
' 19, 226 17, 378
77 4
81 7
369, 080 334, 955
39, 945
5 078
1 940
1 688
1 534
5 172
1 943
5.625
6. 075
5. 760
6.180
5.625
6.220
5.600
6.110
r 5, 775
6.215
»• 5. 725
p 6. 116
v 5. 725
728
1,693
3, 058
947
700
1 662
2 674
734
633
1 617
2 091
420
602
1 697
2 354
249
586
1 484
1 870
183
647
1 566
1 905
196
604
1 545
2 047
216
606
1 646
22. 67
17.97
24. 00
21. 95
18.02
20 84
16.92
20 30
15.89
18 85
17.04
19 87
17.81
22.00
24.00
20 Q\
17.13
18 89
17.44
26.00
28.00
28.00
24.50
24.50
20 12
17.68
p 24. 25
4,475
5,144
2,682
6,144
3,251
6, 857
4 099
6,327
4,875
4 056
6, 705
3 908
5,252
2,519
3 262
3 294
2 895
15.31
15.75
14. 30
12.01
10.38
11.08
12.03
12.63
14.60
12.1
12.7
12.7
11.2
9.2
9.4
10.2
10.2
10.8
11.2
1,076
1 043
147
1,239
1 288
a
259
1,344
1, 625
a
545
1,248
1 797
513
1 162
1 273
247
1 155
1 091
161
1 329
1 216
1 087
' 139
1 129
1 146
' 115
1 063
160
1 163
994
121
21.12
20. 75
17. 60
19. 75
17. 83
19.50
18.18
18 62
17.88
18 25
16.68
19 00
16 96
20 00
18 60
20 12
2 18. 18
20 75
0)
1,596
1,897
1,977
2,121
2 254
2 340
2 312
2 018
2 128
1 930
529
50
30
448
53
30
405
49
26
444
81
23
601
91
28
884
77
21
'879
90
21
861
7.86
98
21
858
95
24
878, 641 1,032,932 1,021,504
115,238 120, 581 120,886
2,852
2,721
2,426
12, 070
12. 244
14, 072
999, 507
136, 278
3 100
1 832
2 050
6.225
5.625
6. 275
6.165
5.775
646
1.797
2, 596
0
257
710
1, 752
2, 533
0
529
18.19
22. 33
17. 69
22.00
23.00
0)
2
9.428
970
176
2
12
324
613
349
150
.417
.402
.398
.395
.405
.420
.396
376
56, 802
9, 677
57, 606
9, 957
52, 892
8,851
47, 030
8, 597
54, 343
8 737
58, 742
8 683
55, 245
9 569
52, 853
9 884
834, 963
800. 728
747, 208
670, 129
809, 765
7,324
961
224
3
6
1 94Q
519 ! 034 824
391
230 316
743
6 339
913
7 708
362
53, 849
10 (Yjo
368
64, 032
10 566
5,922
15. 50
851 958
794 T 205
353
7
ig9
8
896
748
262
528
945 019
187 985
171 602
347
336
354
358
56, 948
10 060
59, 290
r 9 875
53, 754
8 976
8 444
909
212
9
7
896, 472 1,065,839 1 ,230 521 1 324 890 1 212 803 1 051 573 1 109 446 931 304
618, 489 587, 21 1 549, 989 494, 676 605, 362 678, 528
539, 434 477, 028 375, 741 297, 962 218 624 179 182
5. 969
6. 344
5,491
4, 231
3,642
4,461
3' 11, 352 r 15,519 r H, 319 ' 15, 557 ' 13, 750 r 11, 681
805, 841
205 197
6 441
r
11, 583
908 359
306 714
5 823
r
14, 563
r 11, 782
967 766
420 816
6 358
883
481
8
r
14
358
602
386
325
772 981 803 772
517 991 r 514 124
6 197
7? 653
r
11,276
11, 594
681 626
510 230
459 408
P 501
478
,506
.453
.525
.508
.540
. 564
.534
.472
.539
.458
.501
.492
.456
.409
454
374
448
396
446
346
459
365
486
368
503
425
158, 080
140, 352
56, 492
. 168
156, 320
144, 149
36, 591
.148
144, 297
133, 394
32, 365
.155
128, 545
117, 578
29, 519
.155
149, 419
97,014
159,349
75,011
235, 332
98, 426
66 532
.138
261, 249
146, 985
69 813
.125
203, 189
30, 545
.138
190, 120
74, 756
56, 426
.153
240, 907
35, 672
.133
4 55 355
.123
224, 101
232, 719
62 228
.135
182, 846
226, 017
48 327
. 138
.145
p. 152
48, 999
107, 309
50, 411
97, 960
46 64fi
55 937
119, 769
161,947
68 413
258, 413
80 480
259, 687
74 756
228, 378
47 239
214, 723
43 725
101, 942
48 423
47 203
132, 812
55 444
118, 560
210
235
950
240
260
250
r 5 7£Jg
2,612
5 591
2 870
183,615
209,930
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
__ thous. oflb
40, 666
Stocks, cold storage (frozen), end of month
do
127, 549
Price, wholesale, live fowls, heavy type, No. 1
(Chicago)
dol. per Ib
.240
Eggs:
Production, farmj
millions
5,648
Dried egg production
thous. of lb._
2,932
Stocks, cold storage, end of month:
Shell _
_ thous. of cases
1, 183
Frozen
thous of Ib
125 833
Price, wholesale, extras, large (Chicago)
dol. per doz—
.373
58 494
188,351 '155,096
,253
245
.245
215
235
233
5 579
2,913
4 951
4 617
3,292
2,643
4 295
1,537
4 245
1,281
4 631
l! 136
4 677
739
4 976
489
5 161
660
5 152
1,459
2 088
170 933
2 292
193 888
2 244
194 706
1 680
179 920
1 140
155 365
804
127 847
333
101 395
111
74 354
299
50 525
306
42 473
r 309
r fil ftO4
638
1 193
Q4. ^fiQ
1 ^& H94
.346
.369
.370
.464
.514
.496
.501
.514
.447
.398
.406
.396
.392
78, 406
62, 435
65, 623
47, 198
60, 941
106, 860
106,842
115. 327
99, 362
90, 983
92, 710
' 86, 087
19, 264
.375
14, 339
.365
19, 726
.381
11, 656
.370
21, 109
.318
16, 335
.333
14 738
.340
21, 336
.324
18 462
.324
31 778
.293
26 263
.275
27 154
!265
r
p
250
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales
Cocoa or cacao beans:
Imports (inch shells)
Price, wholesale, Accra (New York)
thous. of dol__
long tons..
dol. per Ib...
r
'3 Revised.
» Preliminary.
° For 8 States (South Dakota excluded).
' No quotation
2 Average for 2 weeks.
Revisions for June 1950—March 1956 will be shown later.
4
Effective January 1956, includes exports of shortenings (chief weight animal fat); such exports averaged 98,000 pounds per month in 1955.
{Revisions for 1950-54 will be shown later.
73, 079
'.263
p. 260
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1056
1955
April
June
May
July
1956
August
Septem- October November
ber
December
January
February
March
1,978
1,307
793
2,178
1,201
711
770
2,395
April
May
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Toffee:
996
Clearances from Brazil, total
thous. of bagscf645
To United States
do
520
Visible supply, United States .
. _. .
do
1,353
Imports
do
Price, wholesale, Santos, No. 4 (New York)
.580
dol. per lb_Fish:
Stocks, cold storage, end of month
thous. of lb. _ 122, 669
Sugar:
Cuban stocks, raw, end of month
4,688
thous. of Spanish tons..
United States:
Deliveries and supply (raw basis) :
Production and receipts:
48, 992
Production
short tons
630, 496
Entries from off-shore
do
208,
785
Hawaii and Puerto Rico
_ - - - do. _.
Deliveries total
do
For domestic consumption
do
For export
_ _ _ _ do. _
Stocks, raw and refined, end of month
thous. of short tons_Exports
short tons
Imports:
Raw sugar total
do
From Cuba
do
From Philippine Islands
do
Refined sugar total
do
From Cuba
do
Prices (New York):
Raw wholesale
dol per Ib
Refined:
Retail§
dol. per 51b__
Wholesale
dol. per lb._
Tea imports
thous of Ib
723
322
490
1,775
1,356
829 I
546
1, 358
943
497
492
1,547
1,221
681
527
1,416
1,810
1,207
521
1,480
1,882
1,134
528
2, 215
1.126
657
831
1,892
1,661
914
564
2,144
1,228
821
704
1,888
1,204
728
753
.545
.585
.535
.550
.610
.568
.540
.530
.535
.575
.560
128, 899
139, 582
168, 310
184,217
191,504
190, 783
188, 953
175, 297
163, 178
140, 878
127, 459
4,478
3,988
3,638
3,132
2, 882
2, 532
2,132
1,882
1, 457
2,482
3,707
4,257
37, 866
634, 000
234, 789
45, 901
476, 796
173, 424
35, 545
611,799
212,814
47, 821
756, 514
298, 793
119,175
541, 149
240, 626
521 457
515,800
201, 641
752 375
449 748
168, 780
528, 238
164, 908
88, 590
39, 789
521, 462
149, 339
625, 067
619, 459
5,638
697, 094
681,204
5, 890
823, 025
820, 274
2, 751
861 826
857 594
4,232
884, 525
879. 436
5,089
798 299
793, 627
4,672
733 258
727 967
5, 291
609 182
604 932
4,250
1,753
604
1,612
401
1,329
613
1,091
406
963
271
864
290
1 , 132
606
1,717
909
303, 954
207,315
92, 960
46, 308
45, 905
250, 246
130, 787
116,305
38, 816
38, 371
301,645
164,425
133, 580
40, 764
40, 552
342, 8K3
190 523
133 426
32 294
31 235
368, 705
207, 794
155, 457
24, 751
22, 359
263, 483
189, 940
46, 256
40, 798
39, 271
261 645
231 389
30 252
14 303
12? 546
.059
.060
.060
.061
.060
.060
061
.495
.084
7,842
.495
.084
7,615
.496
.084
4,366
.496
.084
7 490
.496
.084
8,633
.496
.084
8,695
.497
.085
8 047
TOBACCO
Loaf:
Production (crop estimate)
mil of Ib
Stocks, dealers' and manufacturers', end of quarter,
total
mil oflb
Domestic:
Cigar lenf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cigar lenf
do
Cigarette tobacco
do
18, 554
Exports including scrap and cstems
thous of Ib
8,864
Imports including scrap and tems
do
Manufactured products:
16,636
Production manufactured tobacco total
do
6, 455
Chewing plug and twist
do
6,832
Smoking
do
3, 349
Snuff
do
Consumption (withdrawals):
Cigarettes (small):
2,399
Tax-free
millions
28, 788
Tax-paid
do
445,
701
Cicrars (large) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
16,320
thous of Ib
1 208
Exports cigarettes
millions
Price (wholesale), cigarettes, manufacturer to wholesaler and jobber, f. o. b. destination
3.938
dol. per thous.-
r
.565
r
.572
122. 741
4,022
116, 347
547, 340
115,080
r
38, 740
608, 051
146, 223
584, 640
181, 119
571 554
569,169
2, 385
675 455
633, 079
42, 376
619 401 r 716, 555
613 522 699, 165
17,390
5,879
717, 539
1,918
1,003
1,881
9,721
1,861
11, 961
>• 1, 762
400
1,618
185, 267
177, 067
4,480
698
416
347, 346
238 517
106, 024
36 394
20, 526
354, 420
261 945
92, 452
44 627
33, 474
348, 430
237, 057
111,368
68, 556
60, 368
059
.058
.059
.059
.060
.061
v. 061
.501
.085
9,341
.501
.085
6,718
.500
.085
9,381
.499
.085
8,174
.499
.085
10, 498
.499
.085
"P." 086"
265
242
16
7
5
534
385
513
334
677
r
i 2, 196
4,404
4,700
5, 175
368
335
310
375
3, 845
4,194
4,671
4,415
5,024
21,935
9,390
18
173
25, 721
10, 831
49, 946
8 414
47, 848
9,698
18
154
85, 404
9,479
85 254
9 766
63, 404
10 ?83
19
175
44, 678
7. 660
46, 228
10, 795
29, 151
9 415
20
213
27, 519
9,534
17,886
6,896
7,641
3,349
18,110
7,363
7,140
3,606
12, 763
5, 468
5 233
2, 062
17, 934
7,233
7,024
3,678
17 388
6.967
7 054
3, 366
17 395
6 880
7 256
3 260
16, 179
6,627
6 304
3,249
13, 194
5, 347
4,747
3, 100
15, 567
6,509
5,704
3,354
15 021
6,227
5 499
3,295
16, 041
6,361
6,497
3,184
16,029
6,185
6,582
3,262
2,339
34, 498
51 6, 022
2,723
35, 648
510,219
2,369
28, 561
414 250
2 232
36, 760
535 596
2 937
32,076
538 707
2 449
32 937
551 082
2,416
32, 644
613 199
2,570
27, 357
432, 028
2 091
32,871
453 272
2 132
30, 733
463 104
2,523
32, 471
501, 912
2,430
30. 185
501, 228
17,308
1,169
17,555
1 275
13,021
1 468
17,518
1 080
16 624
1 280
16 807
1 402
16, 909
1 226
13,115
1 219
15 298
1 146
14 721
960
15, 702
1,250
15 761
3.938
3.938
3.938
3.938
3. 938
3. 938
3.938
3.938
3.938
3.938
3.938
3. 938
v 3. 938
13, 147
88
15
2,674
2,306
15, 337
47
25
2,074
4,473
.500
.110
.525
.123
P. 500
p. 123
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins 9 ... _.
thous. of lb_Calf and kip skins
thous. of pieces
Cattle hides
do
Goat and kid skins
_ _ _ do
Sheep and lamb skins
do
Prices, wholesale (Chicago): !
Calfskins, packer, heavy, 9 /i/l5 Ib
dol. per Ib-.
Hides, steer, heavy, native, over 53 Ib
. do
8, 336
101
9
2. 453
1,079
.490
.118
14,952
105
30
3,216
2,575
! 13,309
!
130
!
19
; 2,158
2,712
.425 1
.108 1
.400
.120
12, 581
159
23
2,277
2,776
11,698
129
41
2,313
2,197
7,281
91
15
1,964
578
11,541
292
18
2,172
2,298
9, 640
81
28
2,412
890
8, 357
61
2,904
529
12,088
237
19
2.749
1, 326
.450
.135
.475
.138
.475
.148
. 500
.148
.500
.133
.500
. 13 ,'
. 500
.103
r
.513
.105
LEATHER
i
Production:
882
-802
863 |
891
606
836
807 r '874
-819
Calf and whole kip
_.
. -thous. of skins
871
827
890
2,148
2,169 1 2,219
1. 664
2. 209
2,254
2. 191 ' 2, 293 r2,251
Cattle hide and side kip. --thous. of hides and kips.,
2,157
2,236
2,201
2,186
1,823 i 1,994
2,227 i 2,394
2,208 r 2. 251 1 2, 377 r 2, 235
Ci oat and kid
_ _ _._
--thous. of skins
1,996
2,238
2,182
Sheep and lamb
..
do. ..
2,143
2.266 ! 2,243
1,574
2,074
2, 329
2,535
2,498
2,288
2,212
2,310
2,163
Exports:
Sole leather:
71 i
67
39
85
64
Bends, backs, and sides
thous, of lb..
99
57
47
121
( 22 )
85
Offal, including welting and belting offal _ do. _
33
72
12
77
88 j
19
65
30
2 ( )
2.839
Upper leather
thous. of sq. ft-3,989
2.826 I 3,334
3,407
3, 576
3,009
2, 565
3, 099
2,507
2,615
3,429
Prices, wholesale:
.595
.600
.600
Sole, bends, light, f. o. b. tannery
dol. per lb-_
.603
.605
.605
.610
.605 !
.603
. 610
.610
.600
Upper, chrome calf, B and C grades, f. o. b. tan1
.950 !
.920
.942
.930
.987
.998
nery
... -_ _ - .
dol. per sq. f t - _
.987
1.022
1.013
1.030
1.022
1.030
T
Revised.
p Preliminary.
1
December 1 estimate of 1955 crop.
2
Effective January 1956, data for sole leather are not separately available; those for upper leather exclude small quantities now combined with other types.
cfBags of 132 Ib.
§Data represent price for New York and Northeastern New Jersey.
9 Includes data for types not shown separately.
759
2,160
2,155
2,275
.620
P. 630
1.125
p 1. 079
SUEVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-31
1955
April
May
June
July
August
*
Septem- October Novem- December
ber
ber
1956
January
February
March
April
May
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, total
thous. of pairsShoes, sandals, and play shoes, except athletic,
total
thous. of pairs.
By kinds:
Men's
-do _
Youths' and boys' _ _
- _ do. _ _
Women's
do
Misses' and children's
do. _
Infants' and babies'
do
47, 556
47, 160
49, 590
41, 054
54 115
50, 610
48, 197
42, 921
45 551
53,139
56 230
55 134
48, 822
42, 921
41, 992
43, 422
36 037
46 691
42 767
40 628
36, 162
40 834
49, 668
51 863
50 077
43, 727
9,110
1,644
23, 785
5, 248
3,134
8,916
1,726
23, 038
5, 366
2 946
8,887
1,961
23, 529
5,918
3 127
7 409
1,688
20 290
4 609
2 041
9 316
1,997
26 246
6 074
3 058
9 127
1,857
23 622
5,223
2 938
9,246
1,586
21 472
5 358
2 966
7,905
1,331
19 142
5,060
2 724
8 711
1,586
21 674
5 705
3 158
9,681
1,841
27 484
7,185
3 477
10 304
1 945
28 176
7 722
3 716
10 018
1 915
27 731
6 663
3 750
9,883
1,695
23 721
5.286
3 142
4,133
369
133
336
4,689
352
127
262
5,566
342
260
212
4 569
254
194
256
6 461
'386
577
330
7 245
388
210
392
7 068
375
126
368
6 274
370
115
335
4 185
388
144
319
2 897
386
188
i 208
3 768
431
168
358
4 482
438
137
384
4 568
436
91
110.0
110.0
110.0
110 0
110 0
110 0
112 8
116 8
116 8
116 8
116 8
119 8
124 1
f 124 1
116.8
112.3
116.8
112.3
116.8
112.3
116.8
112.3
116.8
112.3
116.8
112.3
118.1
117.4
118.1
117.4
118.1
117.4
118. 1
117.4
118. 1
117.4
118 1
117.4
Pr 129. 9
l!7.4
p 129. 9
p 117.4
r 2 889
r 2 932
'627
2 305
r 2 914
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=100.Women's and misses' pumps, suede split
do
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association: t
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 - -
r
T
r 3 654
614
T
3 040
3 598
635
2,963
3 042
577
2,465
3,466
697
2,769
3, 519
678
2,841
3,754
688
3,066
' 3, 236
641
r
2, 595
8 648
3,658
4, 990
r g 455
3 594
r
4 861
3 671
703
2 968
r g 440
3 506
r
4 934
3 464
5' 048
r 8 559
3 411
r 5 158
74 673 60 868
385, 231 351, 108
89 154
309, 254
8 884
3,767
5, 117
T
r
8 804
3,711
5, 093
r
r
r
74 495
353, 651
62 083
307, 625
961
868
803
884
r
923
829
849
830
848
'906
911
826
853
934
'825
'753
819
648
r
760
T
714
r
851
r
Exports, total sawmill products
M bd. ft-_ 42, 778
Sawed timber
_
_ _..
._ do _ _ 20, 463
Boards, planks, scantlings, etc
do. -- 22, 315
Prices, wholesale:
Construction No. 1 dried, 2" x 4", R. L.
dol. per M bd. ft.. 85. 624
Flooring, C and better, F. G., 1" x 4", R. L.
dol. per M bd. ft_. 132. 178
Southern pine:
Orders, new
mil. bd. ft
753
Orders, unfilled, end of month
_._ do
290
Production
do
738
Shipments
- - _ . - _ - _
- d o
736
Stocks, gross (mill and concentration yards), end of
month
..
mil. bd. ft
1,783
Exports, total sawmill products
M bd. f t _ _
8,399
Sawed timber
do
2,151
Boards, planks, scantlings, etc
_.
-do. ..
6,248
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6", R. L.
dol. per M bd. ft._ 77. 256
Flooring, B and better, F. G., 1" x 4", S. L.
dol. per M bd. ft.. 150.384
Western pine:
Orders, new
. ...
.
mil.bd.ft
766
Orders, unfilled, end of month.
_ .. do _ _ .
543
Production
. ..
_..
do
682
Shipments
do
716
Stocks, gross, mill, end of month . . _ _ _ _ _ do
1,567
Price, wholesale, Ponderosa, boards, No. 3 common,
1" x 8"_
dol. per M bd. ft
77 20
40, 033
17,644
22, 389
26, 233
15 715
10, 518
23, 356
11 826
11, 530
30, 472
15 214
15, 258
mil. bd.ft...
.__ do _ _
do
.
do
do
'720
762
T
111
788
87. 115
87. 535
88. 074
132. 178
131. 867
131. 867
775
285
776
780
789
274
764
800
735
288
695
721
794
285
750
797
1, 779
8,930
1,967
6,963
1,743
7,398
2,265
5,133
1 717
7,367
1,654
5,713
1 670
6.757
1,550
5, 207
89. 173
131.867
77. 702
77. 174
77. 434
149. 426
149. 426
149. 426
742
513
770
772
1, 565
860
514
880
859
1,586
747
511
760
750
1 596
850
453
959
909
1 646
78 49
80 05
80 41
80 76
5 250
15, 550
4 300
4,950
9,300
4 975
15 600
3 950
4 600
8 600
78. 922
151.263
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
_
Orders, unfilled, end of month
Production
___
Shipments. . _ . . ..
Stocks, mill, end of month ..
Oak:
Orders, new _ . _ .
.
Orders, unfilled, end of month
Production
Shipments ___ _ ... _
Stocks, mill, end of month
M bd. ft
do. _
do
do _ do
do
do _
do
do
do
4,650
15, 125
3 750
4,000
10, 550
4,550
15, 300
3 650
4,450
9,800
5
15
4
5
8
550
475
850
425
000
108 916
98 351 103 623
98 538 105 632
111,682 104,696 100, 159 100 226
99 403
100 543 105 896 111 772 99 328 109 306
___
104, 160 105, 337 111 732 100 294 108 070
44, 633
45, 400
44, 154
44, 424
43, 188
r
Revised.
* Preliminary.
» Beginning 1956, data exclude exports of infants' and children's shoes,
entirely comparable with data prior to April 1956.
{Revisions for January 1954-March 1955 will be shown later.
3 471
712
2 759
r
86, 397
314, 087
SOFTWOODS
Douglas fir:
Orders, new
Orders, unfilled, end of month
Production
Shipments
__„
Stocks, gross, mill, end of month
r 3 432 r 3 112
669
' 703
r 2 729 r 2 443
3,438
622
2,816
.Mbd. ft . 68, 827
do
262, 014
Exports, total sawmill products
Imports, total sawmill products-
t 3 544
671
r
2 873
3 253
612
2,641
r %
r
512
' 656
676
r
816
742
r
862
21 503
11 861
9,642
r
r
3 374 '3 092
755
716
2 619 r 2 376
' 617
606
r
741
r 686
r
917
30 233
17 247
12, 986
'eos
r
2 281
r
2 794
672
r
625
2 289
8 746
3 251
5 495
8 684
3 198
5 486
8 511
3 131
5 380
56 231
272, 349
64 125
237, 090
46 867
255, 873
59 280
259, 714
62 767
292, 078
772
746
769
738
1 066
739
746
751
739
1 068
868
798
768
816
1 020
19 420
20 020
26 280
r
r
664
583
710
r 68"
r
940
20 477
9 378
11, 099
' 756
710
r
679
r 629
r
990
27 160
13 512
13, 648
(2)
89. 180
89. 180
134. 138
134. 603
754
293
734
746
713
269
717
737
654
229
712
694
601
217
688
613
723
275
733
665
671
275
687
671
1 658
6,' 222
1 772
4 450
1 638
6,674
1,915
4.759
1 656
5^545
2 138
3,407
1 731
7,213
1 971
5 242
1 799
6,123
1 815
6,958
80. 683
81. 474
80. 679
149.916
149. 916
149. 916
8°6
454
872
825
1 693
702
380
846
775
1 764
603
367
638
616
1 786
628
418
592
577
1 801
80 74
80 13
79 36
78 83
3 450
12 000
3' 875
4' 775 ! 4' 225
7 525
1 300
3 850
11 750
3 900
3 900
1 200
4
12
4
3
7
300
000
100
800
500
747
775
776
820
989
(2)
88. 102
4' 100
8 400
3 089
5 311
r 8 684
3 300
r 5 384
134. 138
14 350
3 259
639
2 620
r 8 589
3 364
r 5 225
87. 962
!
j
4 250 j
3 261
669
*2 592
r 2 122
132. 504
80.155
r
2 966
678
2 288
89. 180
151.018
3 138
597
2 541
2 903
676
2 227
132. 504
89. 320
132.194
r 3 083
'601
' 2 482
89. 320
r
89. 915
p 89. 781
134. 603 '3135.001 p3i35.33<
727
733
287
270
729
714
738
710
1 806
6, 540
1 810
(2)
(2)
80. 588
81. 294
84. 079 ' 83. 826 p 83. 005
r
152. 206
155. 159
605
457
510
566
1 745
580
459
531
578
1 698
678
498
610
639
1 673
79 43
81 30
82 31 T 83 500
152.206
4
12
4
3
7
350
150
100
950
750
4 500
13 050
3 650
3 650
7 800
5 650
15 000
3 900
3' 700
8 000
154. 179
^154.472
681
489
671
690
1 654
4
16
4
3
8
P g3
F^OO
900
050
050
600
500
Q1 1 0£
94 572
99 084
87 858
78 741
71 777
97 078 105 106
72 123
91 074
85 704
61 168
66 728
71 450 80 765
82 346
no' 700
105 238 102 070 102 317
93 665
96 899
93 743 98 616
95 049
105 810 100 684
82 732
91 007
89* 512
95' 791 91 370
44, 344
42, 958
62, 545
51, 612
68, 437
74, 077
73. 249
74. 556
2
Data are no longer available.
s p o r C a n d better, flat or mixed grain; not
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
1956
DecemOctober NovemAugust September
ber
ber
February
January
March
April
May
446, 925
431, 560
LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :
Shipments (market) , quarterly total
M sq ft surface measure
Inventories (for sale) endof quarter
do
Softwood (Douglas fir only), production
M sq. ft., %" equivalent.- 412, 756
217, 719
32, 959
220, 908
33, 847
418, 950
416, 207
321,111
414, 569
231 969
32, 359
235 036
36, 904
r
422, 532
427, 948
423, 235
413, 501
448, 127
809, 491
440 024
160 518
15 508
855, 043
435, 958
166,442
15 2(i8
787, 942
416, 027
144 769
16 410
443, 094
469, 751
886, 375
510, 835
130, 920
13 980
869, 214
442. 511
128,027
13 263
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, 1totaled
short tons
Scrape?
do
Imports totaled
do
Scrap
do
:
759, 155
372, 374
116,948
13 302
862, 262
495, 013
139, 166
9 836
865, 204
531, 174
132, 644
13 041
826, 773
448, 279
103, 978
11 777
688, 745
344, 075
184, 286
27 120
790, 381
422, 557
169,872
25 887
tons
do
do
do
do
7,068
3, 905
3,163
6,988
7,243
7,199
3,947
3 252
7,186
7 259
6, 773
3. 844
2 929
6. 852
7 184
6, 048
3, 457
2,591
6,101
7,132
6 850
3,829
3 021
6,623
7,357
6, 786
3,921
2 865
6,788
7,355
7 248
4 002
3 245
7,217
7 385
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
6,056
5,312
11, 366
11, 820
12, 621
10, 532
13, 704
14, 835
9,402
13, 034
14, 633
7,803
14, 160
15, 117
6,846
13, 830
14, 544
6,130
12, 846
13, 696
5,279
3,758
7,290
18, 907
14 545
4,362
11, 606
7,798
21, 901
17 465
4,436
12, 595
7,473
27, 361
22 455
4,906
13, 334
7,273
33, 424
27, 940
5, 485
13, 572
7, 485
39, 506
33, 100
6, 405
12, 757
7,539
45, 406
38, 459
6,948
1,220
82
2,030
86
2,482
72
2,498
60
2,871
98
938
1,310
707
982
1,296
716
1,050
1,070
579
106, 446
98, 397
57, 317
107, 559
99, 456
60, 261
6,805
6,770
842,685
447, 506
1 72, 396
17 083
T
Iron and Steel Scrap
Production and receipts total thous. of short
Home scrap produced
Purchased scrap received (net)
Consumption total
Stocks consumers' end of month
On Lake Erie docks -
do _
Importscf
do__ _
Manganese ore, imports (manganese content) cf do
096
034
062
276
210
7 419
4,071
3 348
7,492
7 141
7,266
9, 268
3,277
3,502
2,549
4,204
3,279
2,183
5,002
12, 244
7, 850
49, 523
42 167
7,356
7,410
7,488
51,040
43 718
7,323
184
7, 663
44, 359
37 539
6,820
2,518
90
2,857
75
2,237
64
1,160
1,226
688
1,151
1, 253
713
1,113
1,310
714
115,420
75, 570
44, 914
123, 473
82, 448
48, 126
116, 636
87,215
55, 471
6,544
6, 468
6,391
6,082
6,601
6,462
2,084
2,116
2,332
56.03
56.00
56.50
56.03
56.00
56.50
57.84
58.50
59.00
122, 465
92,713
16, 810
133, 887
102, 457
19, 591
488.0
147.0
109.4
37.7
7
3
3
7
7
213
969
244
214
385
7
4
3
7
7
r
r
r
r
r
7 135
3,882
3 253
7, 107
7 168
r
7 238
4, 087
3 151
7. 541
6 863
r< 7
142
p 3 930
f 3 21?
* 7 254
P 6 736
3, 592
2,081
7,262
3, 649
2,004
8,905
0
7,953
36, 702
30 283
6,419
0
7,440
29, 173
23 677
5,495
0
8,008
21, 283
17 084
4,200
1,474
134
1,465
73
1,484
81
1,392
72
1,062
1,306
697
1,075
1,260
664
1, 158
1,250
677
1 141
1,215
680
1 163
1,255
715
121,261
90, 866
53, 804
116,981
99, 280
58, 069
123, 107
99, 946
60, 409
116 520
93, 562
54, 618
113 616
93, 533
54, 466
6,703
6,612
6,965
6,937
6,699
6,690
6 954
6,867
7,050
7,028
6 603
6, 576
r
7,149
7, 075
p 6, 803
2,471
2,483
2,421
2,361
2,289
2,253
2,212
' 2, 167
p 2, 180
58. 45
58.50
59.00
58.45
58.50
59.00
58.45
58.50
59.00
58.45
58.50
59.00
58 45
58.50
59.00
58.45
58.50
59.00
58 45
58 50
59.00
58 59
58 50
59.00
97, 875
71, 170
11,631
126, 406
96, 290
20, 576
140, 843
107, 622
23, 594
145,674
110, 409
23, 745
152, 381
116,908
25, 635
158,982
122, 201
29, 003
158,618
123, 343
27, 954
165, 398
128, 598
30, 833
501.6
155.5
117.0
38.4
513.3
115.0
82.7
32.3
547.0
134.8
99.9
34.9
552.4
148.8
110. 1
38.6
559.7
158.0
120.0
38.0
584.7
158 1
119 7
38.4
592.4
158 1
120 1
38.0
588.6
160. 1
124.7
35.5
10, 328
97
9,746
94
9,101
85
9, 595
90
9,882
96
10 501
98
10 247
99
10 504
99
10, 828
99
5,674
12, 554
Pig Iron and Iron Manufactures
Castings, gray iron:
966
Orders unfilled for sale
thous of short tons
1,294
Shipments total
do
680
For sale
.
do. _
Castings, malleable iron:
104, 091
Orders unfilled for sale
short tons
101, 226
Shipments total
do
57, 397
For sale
do
Pig iron:
6,385
Production
thous. of short tons
6,412
Consumption
do
Stocks (consumers' and suppliers'), end of month
2,097
thous. of short tons._
Prices, wholesale:
56.03
Composite
dol. per long ton
56.00
Basic (furnace)
do
56.50
Foundry, No. 2, Northern
do
Steel, Crude and Semimanufactures
Steel castings:
Shipments, total
... short tons- 120, 053
92, 237
For sale, total
do
16, 646
Railway specialties
do
Steel forgings (for sale):
474.5
Orders, unfilled
thous. of short tons. _
149.6
Shipments, total
do
113.5
Drop and upset
do
36.2
Press and open hammer..
do .
Steel ingots and steel for castings:
9,815
Production
do
95
Percent of capacity!
Prices, wholesale:
.0542
Composite, finished steel
dol. per Ib
Steel billets, rerolling, carbon, f. o. b. mill
74.00
dol. per short ton__
.0452
Structural shapes (carbon), f. o. b. mill__dol. per lb_Steel scrap, No. 1, heavy melting (Pittsburgh)
38.50
dol. per long ton._
r
p 1,219
106, 491
86, 941 v 83, 320
46, 266
r
6.925
r
59.65
60.00
60. 50
59 65
v 60 00
» 60. 50
170, 045 "1 63, 762
130, 839
31. 991
589. 0
151 7
118 1
33.6
577.7
158.9
122 2
36.8
10 119
99
10 925
100
p 144. 7
r
10 536
100
P 10 496
' 96
.0542
.0542
.0576
.0580
. 0580
.0582
.0582
0581
.0581
0581
0581
0581
0583
74.00
.0452
74.00
. 0452
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
f 78. 50
p 78. 50
v . 0487
p . 0487
34.50
34.50
39.50
44.50
43.50
44.50
45.50
50.00
54.50
49.00
48.50
r
v 49. 50
r1 50
2,123
2,062
*-73
2,377
2 514
"•75
2, 317
2,078
••62
1,953
2,230
r
65
1,871
2,032
r
68
1 910
2 T075
74
1 741
2 042
1 840
2 185
^65
2 377
1 940
T
69
2 146
1 983
69
2.278
2 251
61
326, 091
183, 251
142, 840
273, 505
1,389
27, 982
380, 630
223, 587
157, 043
329, 880
1, 404
30, 691
54. 50
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale):
Orders, unfilled, end of month.
_ _ thousands. .
Shipments
do
Stocks, end of month
do
Cans, metal, shipments (in terms of steel consumed),
total for sale and own use
short tons
Food_
.
do
Nonfood . _ _ _ _
_ do_._
Shipments for sale
do
Closures (for glass containers), production. . .millions. Crowns, production
thousand gross. .
2,342
1,990
^78
? 322
9 994
59
501 431 252 658 270 751 289, 577 295 970 338 536 480 301
343 742 150 276 156 539 171 309 175, 092 193, 360 321 524
157 689 102 382 114, 212 118, 268 120, 878 145, 176 158, 777
445 325 212 913 230 631 243 842 250 723 288 099 422 924
1,421
1,357
1,533
1,495
1,347
1,413
1,505
29, 405
34, 369
24, 192
37,619
26, 434
29, 328
26, 338
* Revised.
v Preliminary.
1 Revisions for January-March 1955 (thous.): 53; 54; 59.
cf Revisions for 1954 (units as above): Total iron and steel exports—July, 344,006; October, 438,807;
November, 463,411; scrap exports—October, 189,341; November, 233,771; total iron and steel imports—September, 147,557; October, 138,296; November, 153,293; iron ore imports—October
1,751; manganese imports—April, 97.
JFor 1956, percent of capacity is calculated on annual capacity as of January 1,1956, of 128,363,090 tons of steel; for 1955, data are based on capacity as of January 1, 1955 (125,828,310 tons).
398 657
230, 803
167, 854
347, 362
1,532
33,640 !
428, 106
266, 735
161,371
385, 917
1, 251
28, 319
565, 102
391, 817
173, 285
511, 667
1,544
31, 251
511, 388
355, 685
155, 703
443, 322
1,454
26. 662
NOTE FOR STEEL PRODUCTS, p. S-33.—Data for semifinished products comprise ingots, blooms, slabs, billets, etc., skelp, and wire rods (formerly included with wire and wire
products); rails and accessories include wheels and axles. Monthly data for 1950-54 and annual shipments beginning 1933 on the revised basis will be shown later.
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-33
1956
1955
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
7,468
8,256
April
May
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel. Manufactured Products — Continued
Steel products, net shipments:!
Total (all grades)
thous. of short tons__
Semifinished products
do
Structural shapes .'heavy), steel piling
do
Plates
do
Rails and accessories
do
Bars and tool steel, total ,
._ .
do Bars' Hot rolled (incl. light shapes)
do
Reinforcing _ _ ... ...
do_
Cold
finished
do
7,279
423
425
560
199
1, 101
747
184
160
7,541
405
454
571
201
1,160
774
215
161
7,770
444
417
600
222
1,164
770
209
173
6, 251
358
388
506
180
933
627
177
122
7,054
399
411
543
155
1.081
717
197
158
7,378
414
459
619
171
1,092
739
186
158
7,217
400
461
607
160
1, 197
8149
20
171
7,248
435
470
639
146
1,128
758
194
165
7,581
429
485
678
180
1,215
834
194
176
7,588
417
467
650
223
1,189
818
182
178
416
479
641
202
1, 165
809
174
171
447
525
707
238
1,284
877
217
178
7,784
387
478
712
233
1,209
801
228
167
~
"
872
824
824
872
952
885
967
873
884
885
879
Pipe and tubing
do _
877
914
364
444
332
283
406
414
339
395
Wire and wire products
_ ....
_
do
361
353
355
361
375
685
553
602
734
417
363
390
798
618
676
Tin mill products (incl. black tjlate)
do
367
555
787
2,777
2, 739
2.779
2. 362
2,779
2, 843
2,988
2,910
Sheets and strip (incl. electrical), total
do
2,713
2. 606
2,855
2,787
2, 655
800
792
703
773
813
788
834
887
853
768
844
777
Sheets- Hot• rolled
do
798
1,271
1,312
1,120
1,297
1,298
1,262
1,318
1,395
1,327
Cold rolled (incl . enamolins)
do
1,198
1, 312
1,310
1,191
NONFERROUS METALS AND PRODUCTS*
Aluminum:
Production, primary, domestic
__ short tons . 126, 394 131, 128 127, 634 132, 669 133, 551 130, 606 134, 655 133, 689 140, 748 140, 394 132, 763 145, 895
29, 919
23, 687
29, 491 30, 925
32, 092 32, 283
Estimated recoverv from scrap©
do
28, 923 30, 681
31, 785
32 183
Imports (general):
18, 409
12, 697
20, 174
12, 957
20, 391
14, 416
10, 247
13, 496
17, 621
12, 183
10, 235
16, 796
Metal and alloys, crude
do
1,172
2,313
1,065
2. 126
1,467
2,900
2.425
2,038
1,702
2, 216
2,689
2,765
Plates, sheets, etc .. _
do _ _
.2440
. 2320
.2440
.2320
.2320
.2320
.2440
Price, primary ingot, 99%+
dol. per lb_ _
.2427
.2440
.2440
.2458
.2440
. 2590
.2590
Aluminum shipments:
324.3
347.9
342.4
341.7
344. 5
356.8
303.8
353. 2
r 390. 6
Mill products and pig and ingot (net)
mil. of lb._
352. 9
343.1
355.5
368. 4
241.0
226.2
254. 1
209.1
245. 5
243.6
r 279. 1
232.7
248. 5
248.8
Mill products, total do_ _
241.8
251.8
261 9
134.1
123.3
113.3
125.2
136. 4
141.4
134. 5
137.1
138. 4
156. 0
138 3
Plate and sheet
do
142 0
143 9
73.1
55.0
68.5
73.0
71.7
64.9
67.1
75.1
75.3
72.2
73.8
Castings
._
do
74 2
67 9
Copper:
Production:
89, 182 * 97, 943
89, 154
89, 392
33, 343 67, 235
90, 824
Mine, recoverable copper
_. ...short tons
90, 271
92, 192
91, 053
88, 575 94, 519
94 926
42, 566
78, 905 129, 791 127, 537 123, 095 135, 675 117, 631 121,916 125,032 123 344
Refinery, primary
do . . 111,348 127, 124 117, 639
91,071
89, 444
21, 294
85, 118
96, 549
99, 349
55, 824
97, 234
94, 218
94, 876
From domestic ores
do
97, 040
93, 252
94, 943
21 272
30, 845
28, 195
26, 230
30, 575
23, 081
32, 557
33, 319
28, 219 r 36, 326
27, 992
From foreign ores
_ _ __
_do
24 379
28 401
._
21, 827
20,015
12, 557
22, 071 2 1,063
22, 665
25, 932
18, 827
15, 201
Secondarv, recovered as refined
do ___ 18, 858
21, 328
14, 349
24 491
Imports (general) :
48, 677
49 368
46, 581
39 245
44 027
45 340
54 753
63 73Q
52 154
57 131* 58 050
43 298
Refined unref scrap ©O
do
14, 449
12, 283 27 345
15, 935
18, 183
10, 150
20 682
23 803
20' 784
20 876
19* 443
Refined
do
13 508
Exports:
1
18, 040
27 095
19 323
30 233
22 294
13 819
15 399
20 405
19 340
19 142 I I S 4.33 i 21 659 1 21 68(>
12,115
9^544
15, 702
13,319
17,950
21, 910
18 6159
15, 831
10, 521
16, 434
14, 728
16 076
Refined
do
13 301
71 233
133 130 135 513 141 044
151 490 148 835 154 852 1 Kp ^Q2 rr 143 ()22 T 15J 070 pl49, 803
90 493 1°6 77
112,229 121,024 112, 187 101, 860 122, 682 153, 738 151,238 156,'
801 164, 192 ' 139, 662 142, 897 ' 147, 722 pl58, 168
Stocks, refined, end of month, total
do
75 158 67, 334
71 940
78 865
75 668 109 742 106 185 II9 897 114 634 7-95 405 r 10 J, 972 '102 272 pl07, 283
Fabricators'
do
. 4553
. 4616
.3570
. 4459
.3570
.4405
.3570
Price, bars, electrolvtic (N. Y.1!
dol. per Ib
.3570
. 3815
.4303
.4296
.4348
4673
4375
Copper-base mill and foundry products, shipments
(quarterly) :
666
521
669
Brass mill products total
mil.oflb
688
401
345
417
428
Copper wire mill products ©
do
258
r 274
234
268
Brass and bronze foundry products
do
Lead:
Production:
29, 215
27, 754 r 31 051
28, 427
25, 783
28 686 r 28 932
27 802
Mine recoverable lead
short tons
26 813
26 876
27 564
25 975
26 596
34, 765
29, 836 31, 147
35, 007
39 370
36, 290
37, 894
37 047
Secondary, estimated recoverable ©
do
40 980
38 967
36 479
37 629
32, 514
32, 640
33, 286
31 651
40 794
48 596
40 735
38 999
50 238
26 953
Imports (general) ore© metalO
do
40 335
43 950
83, 800 106 600 111,500 114, 700 108 100 104 000 107 800
96, 100 100, 400 102, 900
98, 000
Consumption fabricators' totaled
do
96 600
Stocks, end of month:
Producers', ore, base bullion, and in process ©
106, 023 107, 257 106, 409 103. 636 125. 644 122. 352 124, 811 116,204 119, 733 117, 168 117, 531 118,230 117, 236
(ABMS)
short tons
42, 843
38, 198 32 767
52, 804
48, 988
29, 384
24, 146
26 147
29 515 31,034 r 39, 930
50 371
Refiners' (primary) ref and antimonial © do
112,170 124, 145 123, 686 118, 583 116, 683 115, 104 110,247 109, 525 "121,574 -129,133 r r"130,617 «128, 246
Consumers' total •
do
53 412
45 771 50 762
57 637
55 164
46 413
50 053 49 046
52 872
51 950
53 209
47 049
.1600
. 1600
.1500
.1500
.1500
.1500
. 1500
.1615
. 1600
. 1510
.1550
. 1550
.1556
Price, pig, desilverized (N. Y.)
dol. per lb__
. 1600
Tin:
1 147
1 106
1 842
2 003
1 943
2 298
1 986
2 036
2 092
2 705
1 935
2 012
Imports for consumption:
2, 116
1,163
1 701
2,437
1,872
819
1, 443
2 180
2 416
2 746
1 966
1 163
Ore ©
do
5,615
5,449
3,918
5,454
5 924
5,224
5 520
5 975
5 298
5 421
Bars pigs etc
do
5 010
4 679
6, 640
7 785
7, 820
7 965
7 985
Consumption pig total
do
7 960
7 825
7 810
7 500
8 135
8 115
8 300
5 160
4 520
5 330
Primarv
do
5 160
5 305
5 310
5 330
5 010
4 770
5 015
5 250
5 405
84
4
185
48
91
20
57
Exports incl reexport13 (metal) O
do
71
9
70
46
433
13 675
16, 362
15, 616
19 484
13, 513
16 348
16 509
17 161
21 114
18 384
Stocks pig end of month total
do
17 448
18 421
13, 644
15, 580
12, 835
14, 550
16,115
16, 965
18, 300
15, 685
17, 267
18 830
17, 845
16 930
Industry
do
T
. 9688
.9364
.9683
.9139
.9917
.9137
. 9626
.9609
Price, pig, Straits (N . Y.), prompt
dol. per l b _ _
.9787
1. 0053
.9646
1. 0776
1.0482
1. 0057
Zinc:
44, 019
43 536
41 383
M^ine production recoverable zinc
short tons
39 555 39 615
43 277
42 671 r 48 108
44 605
42 633 42 154
41 019
41 167
Imports (general):
35, 802
38, 949
34, 134
41, 262
44, 749
41, 600
57, 410
45, 944
49, 208
55, 729
Ores and concentrates ©O
do
40, 916
42, 700
14 730
13 166
15 696
13 048
18 111
16 538
22 031
20 627
18 651
17 238
12 178
Metal (slab blocks)©
do
17 967
Slab zinc:
Production (primary smelter), from domestic and
78 917
79 001
78 399
foreign ores
short tons
77 087
80 987
81 173
78 836
82 460 80 602
85 601 84 988
85 050
5 457
5,483
5 387
5 004
6 361
5 325
5 342
6 989
7 014
6 640
Secondary (redistilled) production total
do
6 038
6 977
Consumption, fabricators', total
do
91,312
70, 589
94, 913 92, 739
91 849
89, 762
91 818
87 687
97' 255 96, 406
97, 940 98, 275
1,550
756
Exports
do
413
760
589
151
684
554
3,053
973
1, 103
671
Stocks, end of month:
Producers', smelter (AZI). . _ _ _
do
74, 579
59, 577
48, 603
51, 290
46, 084
42, 167
63, 184
43, 868
38, 058
41,
330
39,
833
47, 907
40 979
40, 038
103, 304 104, 003 106, 983 114,115 120 943 120 262 115 681 117 752 120 340 122,514 r 125, 171 126 433
Consumers'
do
. 1350
.1293
.1223
Price, prime Western (St. Louis)
dol. per lb__
.1250
.1193
.1300
.1200
. 1250
.1300
.1300
. 1350
.1350
.1350
.1343
Zinc oxide (zinc content of ore consumed)
7,062
short tons _.
7,021
6,563
6,725
7, 175
7,
534
6,237
8,140
8, 065
8,909
8. 304
8.536
9.469
r
Revised.
» Preliminary.
§ Beginning with the March 1956 SUKVEY, data reflect regrouping of certain products. For changes not self-explanatory, see note at bottom of p. S-32.
i
©Basic metal content.
Data beginning January 1956 exclude exports of brass and bronze ingots; such exports averaged 68 tons per month in 1955.
*New (or substituted) series in most cases. All series (except as noted) are compiled by the U. S. Department of Interior, Bureau of Mines; data prior to August 1954 for new series will be
shown later. General imports comprise imports for immediate consumption plus material entering the country under bond. Aluminum—prices of aluminum ingot are as quoted by the
American Metal Market; shipments of mill products plus pig and ingot are compiled jointly by the U. S. Department of Commerce, BDSA and Bureau oj the Census. Copper—exports, consumption, and stocks of copper and shipments of mill and foundry products are compiled by BDSA. Lead—producers' stocks of lead ore and bullion are compiled by the American Bureau of Metal
Statistics; stocks of scrap lead are in gross weight. Tin—total stocks include Government stocks available for industry use. Zinc—primary smelter production of slab zinc is derived by subtracting secondary (redistilled) production at primary and secondary smelters (compiled by Bureau of Mines} from total smelter production (compiled by American Zinc Institute).
©Revisions (units as above): January 1955, lead, 21,174; zinc—ores, etc., 39,155; metal, 14,698; October 1954, total copper imports (refined, unref., scrap), 35,371; total copper exports, December 1954, 30,092; tin exports, November and December 1954,105 and 132.
° Includes secondary smelters stocks of refinery shapes not included in data prior to December 1955; for December, such
stocks totaled 6,400 tons.
cfData beginning January 1956 include small quantities of scrap used directly in fabricated products; not included in earlier figures.
T
SUEVEY OF CUEEENT BUSINESS
S-34
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
2,236
5 013
1,802
5 814
1 900
6 082
50 793
77 713
April
May
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
Shipments
__
thous. of sq. ft. of radiation.
2,035
Stocks, end of month
. do .
6,991
Oil burners:
Shipments
__ number
60, 155
Stocks end of month
do
71,864
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total _ _ _ _ _
_
number_ 196, 705
4 283
Coal and wood
- do
182, 502
Gas (incl. bungalow and combination)©
do
9,920
Kerosene, gasoline, and fuel oil_._
do
199, 682
4 107
187, 735
7, 840
216, 879
4 817
204, 170
7,892
156, 745
5 367
145, 951
5, 427
238, 014
6 460
219! 083
12, 471
238, 214
7 752
218, 280
12, 182
?27. 500
6 834
208, 633
12. 039
198, 852
7 053
183! 531
8, 268
107,452
6 476
1 52, 91 4
8, 002
Stoves, domestic heating, shipments, total
Coal and wood
Gas
Kerosene, gasoline, and fuel oil
98, 307
8,624
50, 311
39, 372
122, 722
10, 624
74, 605
37, 493
186, 201
15, 589
116 854
53, 758
233, 198
26 304
142 723
64*171
311, 164
45, 107
185 481
80, 576
353,820
56 190
214 388
83 236
399, 454
05 947
251 629
81* 878
303, 546
47 447
212 565
43* 534
137,
18
90
28
91, 908
58,012
31, 484
2,412
231, 694
99, 937
62, 696
34, 284
2,957
216.731
117,376
74, 125
39, 657
3 594
214,607
107, 905
64 563
38 902
4 440
207', 226
163, 741
99, 558
57, 792
6 391
260, 438
164, 154
101 828
54 105
8 221
224, 027
150 331
94 368
47' 660
8 303
218', 521
120 948
77 427
37 202
6 319
184! 761
"
58, 170
18. 228
do
do_
do
do .
Warm-air furnaces (forced-air and gravity air-flow),
shipments, total.
. number
Gas
- do .
Oil
.
do
Solid fuel
do
Water heaters, gas, shipments
do-._
1,732
7,898
2, 208
7, 903
1,865
7,520
3,615
6,378
3,326
5 845
3, 115
5 234
2,779
4 666
1 773
4 834
2,018
4 866
65, 407
69 732
68, 600
68 141
70, 945
65 462
100, 826
59 572
107 972
50 174
94 689
49 268
63 186
49 545
43 308
49 628
49 759
55 144
44 697
63 952
47 890
73 835
107, 435
5 084
153,516
8, 835
r
192,953
5 039
178,
441
r
9, 473
194 454
4 958
181,480
8,016
174 627
4 572
161,322 . . .
8,733
015
373
908
334
90, 755
6 896
57 044
26 815
r
106,293
10 245
58 849
- 37 199
131, 234
10 630
76 970
43* 628
125,
14
71
39
580
310
694
576
79 728
52 734
23' 023
3 371
175^173
87. 497
56 782
27 859
2 850
224, 004
78. 906
51 025
25 417
2 464
246! 098
84 882
56 527
26 280
2 075
254! 786
83
55
25
2
230,
368
706
311
291
056
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans, new orders. _ _ _ _ _ thous. ofdol _
Unit heater group, new orders.
do...
Foundry equipment (new), new orders, net
mo. avc. shipments, 1947-49=100..
Furnaces, industrial, new orders, net:
Electric processing
thous. of dol
Fuel-fired (except for hot rolling steel)
-do
Machine tools (rnetal-cutting types) :0 A
New orders (net) total
mil. of dol
Domestic
do
Shipments, total
. .. ...do
Domestic
do
Estimated backlog
months.
Pumps (steam, power, centrifugal and rotary), no w
orders
thous. of dul__
Traetors (except contractors' off-highway and garden) : A
Shipments total
thous of dol
"Wheel-type
do
Tracklaying
__do .
53,013
1(5,497
r
47
r
139
1 9, 485
64 175
16 930
178.6
145.7
186.8
213. 4
134.0
156. 7
108.6
154. 4
1R3. 9
195.6
169. 0
152.7
135.2
2 234
5, 032
1 813
3, 801
2 6? 5
2 836
786
2, 9S1
1 348
4, 101
904
6,579
1 532
7, 061
1 543
4, 131
2 188
8 191
2 102
o! 1 89
1 768
9, 770
2 221
3 526
1 9°4 '
0 182
50 25
44. 75
53. 25
48. 65
4.5
08 70
64 25
53. ,50
40. 55
4.7
74 5.5
OX 35
58. 80
5° 05
5 0
50 80
45 20
40 25
.5 4
02 05
54 35
48. 05
44 00
5 0
58
53
57
51
qq 15
92 70
60 40
53 00
0 1
124 25
117 75
63 35
56 70
0 7
81
72
04
58
89 50
80 05
74 15
07 85
8 0
78 45
73 25 '
71 80
05 05
8 4
35
40
80
10
5 0
151
137
70
04
30
40
30
40
7 0
109
90
54
49
55
70
00
40
8 4
30
35
00
70
8 5
5. 447
6,411
7, 419
5, 834
7,022
5, 664
7,048
5, 249
7, 624
8,094
7, 735
8,987
94 718
64, 847
29, 871
82 289
51 , 01 0
31,273
79 179
47, 91 1
31 , 208
63 360
38' 613
24 747
52 359
29 308
23, 051
59 140
29 730
2',\ 404
81 728
42' 589
39 139
07 355
33 288
34, 067
77 611
39 321
38 290
79 375
44' 026
35, 349
79 520
42 795
30 731
80 707
44 244
42 5^3
1,281
1,572
1,794
2,024
2,777
3,039
3, 039
2 6^7
2, 005
1 305
152
158
103
161
160
106
102
146
156
140
145
153
100
241.9
313.5
1 099 8
255. 9
341.8
1 11^ 0
239. 7
354. 5
200. 8
245. 9
252. 7
403.8
300. 5
414.9
349. 7
362.3
307 3
361.3
243. 5
357. 5
302 2
393. 7
280. 4
450. 0
395. 7
405. 7
352. 9
324.2
583.2
467. 4
5'.JO. 0
344. 3
647. 9
939. 5
759. 7
031. 7
004. 6
58N. 3
92 7')4
42 qqo
49 7Q8
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
___
__
.thousands..
Household electrical appliances:
Refrigeration, output (seas, adj.)*
1947-49=100..
Vacuum cleaners (standard type), sales billed
thousands .
Washers, domestic sales billed
do
Television sets (incl. combination), production!
thou sands __
Insulating materials and related products:
Insulating materials, sales billed, index
1947-49=100..
Vulcanized fiber products:
Consumption of fiber paper _ _ _ ._
_
thous. of Ib .
Shipments of vulcanized pro ducts o71-- thous. ofdol
Steel conduit (rigid), shipments
thous. of it-Motors and generators, quarterly:
New orders index
1947-49= 100__
Polyphase induction motors, 1-200 hp:^f
New orders
thous. of dol..
B ill ings
- do _.
Direct current motors and generators, 1-200 hp:f
New orders
thous of dol
Billings
..do
r
1 335 •
1 313
Q0p| 1
1
1
!
1
680. 0
159.8
153. 6
157.7
116.8
146.8
155.7
150.4
155.2
100.2
159.0
103. 0
108.0
4,591
1,815
30, 521
4, 778
1,799
32, 504
4, 679
1,750
35, 310
3, 136
1,367
53,017
4, 505
1,817
31,611
3. 81 8
1, 039
29, 082
4,007
1, 914
32.216
4,409
1,776
29, 522
4, 051
1,847
31, 052
4, 078
2,248
27, 432
4, 567
2, 136
32. 877
4, 981
2,234
34, 743
185.8
207.7
201. 6
44, 407
41, 298
49, 909
40, 578
47, 303
41, 659
9,950
7,220
12 986
9,838
10, 545
8,179
"
T
549. 0
4.792 :.
2,338 '
" -104. 2
...
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
2,029 r 2, 233
1,997
Production J
thous. of short tons..
1,812
2,333
2,383
2,712
2,334
1,755
2,268
1,888
2, 024
2,127
1,640
Stocks in producers' storage yards, end of month
431
942
966
720
433
thous. of short tons..
1,081
1,048
886
555
425
1,145
1,000
1,008
374
331
Exports
do
302
231
176
207
231
418
331
226
390
148
Prices:
Retail, composite.
___ dol. per short ton..
25.64
24.63
25.51
25.96
24.08
24. 18
24.48
25.18
26.88
26.88 r 26. 88
24.50
26.37
14. 124
12. 460 p 12. 460
14. 124
14.124
Wholesale, chestnut, f. o. b. carat mine
do
12. 257
12. 257
12. 524
13. 261
13. 324
13. 640
13. 721
11. 829
11.829
r
Revised.
v Preliminary.
i Represents 5 weeks' production.
©Beginning January 1956, data are estimated industry totals compiled by Gas Appliance Manufacturers' Association from reports of manufacturers whose shipments represent 80 to 95
percent of those for the industry.
©Monthly data for January-March 1955 (units as above): New orders—total, 57.65; 58.00; 60.65; domestic, 51.05; 52.05; 53.40; shipments—total, 49.50; 49.75; 59.90; domestic, 43.95; 43.95;
53.90; backlog—3.7; 4.2; 4.4. Comparable data back to 1945 will be available later,
ADiffers from series shown in 1955 edition of BUSINESS STATISTICS.
*New series. Compiled by the Board of Governors of the Federal Reserve System. The seasonally adjusted index reflects changes in total output of refrigerators, freezers, room air conditioners, and dehumidifiers. Monthly data beginning 1947 will be shown later.
§ Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for June, September, and December 1955 and
March 1950 cover 5 weeks; other months, 4 weeks.
cf Beginning January 1956, data include shipments of hollow ware (except tubes); in 1955, such shipments averaged $189,000 per month.
1 Data for polyphase induction motors cover 34 companies; for direct current motors and generators, 27 companies.
t Revisions for 1954 are available upon request.
SURVEY OF CURRENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-35
1955
April
May
June
July
August
1956
Septem- October Novem- Decem
ber
ber
ber
January
February
March
April
May
44, 770
PETROLEUM, COAL, AND PRODUCTS—Continued
COAL- Continued
Bituminous:
Production
_
thous. of short tons. _
Industrial consumption and retail deliveries, totalt
thous. of short tonsIndustrial consumption, totalj
do
Electric-power utilities
-- - do
Coke ovens
do
Beehive coke ovens
do__ _
Steel and rolling mills
do
Cement mills
__do
Other industrials
do
Railroads (class I)
Bunker fuel (foreign trade)
Retail-dealer deliveries
Retail dealers
- -
43, 052
40, 807
41, 825
43, 627
45, 749
45, 505
43, 150
40, 580
31, 478
29 123
10, 505
8 927
222
387
714
7,093
31,356
28 716
10, 808
8 523
244
365
687
6 887
34, 231
30, 831
12, 290
8 886
276
357
710
7,003
34, 850
30 539
11, 783
8 858
268
364
703
7 283
37, 533
32 713
12, 382
9 151
291
407
732
8 339
40, 581
34, 387
13, 026
9,020
315
486
768
9,281
45. 403
37, 506
14, 482
9,432
373
575
871
10, 265
45, 473 ' 41, 221 41,121
37, 592 r 34, 231 35, 124
13, 181 13, 101
14, 936
8,821
9,450
9,424
409
437
••396
520
533
565
753
848
789
10 019
9.358
9,629
36, 067
31 881
11,709
9 063
1,203
44
1 240
35
1 159
43
1, 154
49
1,253
56
1 228
52
1 351
60
1, 435
56
1,486
22
1,362
3
1,197
r
5
1,206
5
1 093
2,839
2,355
2,640
2,358
3,400
4,311
4,820
6, 194
7,897
7,881
6,990
5, 997
4,186
64, 001
63, 270
37, 376
10, 702
534
970
12, 469
1,219
66, 356
65, 471
38, 347
11,516
561
1 015
12, 840
1,192
69, 452
68 310
39, 225
12 747
558
1 140
13 405
1 235
68, 042
66, 845
38, 405
12, 348
548
1 166
13, 258
1,120
70, 988
69, 701
39, 288
13 674
567
1 236
13 762
1, 174
71, 700
70, 443
39, 872
13, 993
580
1 289
13 556
1,153
71, 747
70 516
40, 208
13 892
570
1 304
13 420
1,122
70, 325
69, 21 1
39, 720
13, 604
527
1 342
12 923
1, 095
68, 423
67, 425
38, 228
13 342
576
1 270
12 922
1,087
65, 797 r 65, 261
64, 852 f 64, 394
36, 442
36, 171
12,562
12,342
579 r 551
1 050
1 132
13, 286
13 064
1,073
994
65, 847
65, 194
36, 633
12,840
534
986
13 259
942
67, 234
66 533
37, 870
12 858
731
885
1 142
1 197
1 287
1 257
1 231
1 114
998
945
867
653
701
4 558
4 728
4 992
4 647
5 719
5 436
5 534
4 656
4 340
4 189
3 825
3 936
do
do
do
- do
ExDorts
do
Prices:
Retail composite
dol. per short ton
Wholesale:
Screenings, indust. use, f. o. b. car at mine-- do
Large domestic sizes, f. o. b. car at mine.- -do
COKE
Production:
Beehive _ _ _ _._
thous. of short tons
Oven (bvproduct)
- do
Petroleum coke 9
-do
Stocks, end of month:
Oven-coke plants total
do
At furnace plants
- do _
At merchant plants
_
do _ _
Petroleum coke
- do
Exports
-do... _
Price, beehive, Connellsville (furnace)
dol. per short toii._
r
36, 512
31, 441
29, 083
11,464
8,621
238
342
707
6,508
31, 207
28, 368
9,906
8,519
196
417
672
7,411
Stocks, industrial and retail dealers', end of month,
total
thous. of short tons..
Industrial, total
- do _
Electric-power utilities
--do_...
Coke ovens
do_._
Steel and rolling mills
__ do _
Cement mills
do
Other industrials
-- do _
Railroads (class I)
_ -_
do
42, 575
36, 004
34, 555
38, 336
407
465
737
8 377
30
548
1 Oil
13 339
907
15 00
14 77
14 81
14.83
14 93
15 25
15 40
15 43
15 46
15 55
15 56
15 57
4.401
6.369
4.377
6.371
4.390
6.423
4.395
6.588
4.430
6.738
4. 737
7.104
4.706
7.166
4.722
7.187
4.727
7.204
4.732
7. 233
4.731
7. 229
TT 4. 779
7. 071
117
6 014
438
135
6 ?87
476
154
6 001
'479
145
6 039
483
170
6 230
467
163
6 234
417
179
6 452
473
189
6, 357
519
225
6 640
536
r
260
6 661
531
T
246
6 235
499
T 6 625
523
2 485
1 , 529
956
498
29
2 346
1 373
973
473
44
2 188
I 227
961
440
44
2 112
1 198
914
437
57
2 056
1 250
806
402
39
1 975
1 291
684
361
45
1 782
1 240
542
330
48
1 748
1,319
429
307
58
1 697
1*386
311
305
53
1 649
1 433
215
321
63
1 635
1 479
155
333
45
1 674
1 535
T
139
344
52
1 743
1 567
' 176
13. 75
13.75
13. 75
13. 75
13.65
13.63
13. 63
13. 63
13.88
14.13
14. 13
14.13
14. 13
14.13
2,787
206, 600
87
214, 080
2, 594
206, 983
89
225, 699
2 798
198 389
91
224 510
2 661
205, 600
93
234,986
2 834
206 604
93
234, 966
2, 746
201,919
91
224, 478
2 473
211 770
90
231 411
2, 598
210, 406
93
230, 758
2 512
221 804
93
240 634
2 643
223 160
95
248 721
2 533
209 097
95
233 374
2 502
225 025
93
245 310
275, 232
71,215
184,317
19, 700
276, 948
71,293
185, 771
19 884
270, 850
70 788
181,076
18 986
264, 601
69, 399
175, 702
19, 500
256, 427
65 920
171, 285
1° 222
256, 269
67, S87
163,344
20, 038
259, 201
67 823
171, 247
20 131
260, 707
65 095
1 75, 427
20 185
265, 610
66 852
178,771
19 987
261, 592
67 940
173,383
20 269
259, 504
68 516
171,050
19 938
265, 683
70 152
1 75, 704
19 827
1,431
20, 487
2.82
1, 166
22, 857
2.82
1 053
24 739
2.82
887
24, 856
2.82
1 191
26, 502
2.82
832
25, 161
2.82
871
25, 606
2.82
872
26, 658
2.82
1, 040
30, 368
2.82
994
25 732
2.82
501
24, 906
2.82
1 1 55
28 737
2.82
2.82
v 2. 82
48, 788
33 823
50, 187
33 794
48, 557
31 815
49. 934
34 8?1
50, 347
36 412
54, 666
39 879
59, 617
41 674
55, 622
37 291
56, 045
37 618
28. 359
38 919
33 781
41 287
37, 290
37 866
38 848
42 583
59 700
51 219
83 910
60 538
83 741
59 673
69 165
54 412
65 631
52 493
4 617
8, 185
7 005
5 369
8,471
7 33°
5 183
8, 330
6 755
6 043
8, 456
7 061
7 096
8, 688
6 455
8 540
9' 007
6 777
8 221
8', 798
6 292
7 095
8* 231
5 611
6 224
8? 424
6 649
119, 169
44 894
133 675
45 480
143 248
46 267
152 288
47 040
141, 808
44 071
111 333
39 174
86 141
38 247
71 335
35 673
60 846
32 984
2 259
1 866
2 194
2 618
2 195
2 200
2 283
1 884
1 427
1 456
1 559
2 088
1 516
1 146
1 770
1 264
1 574
1 346
.101
1 750
.101
1 750
.103
1 750
.098
1 750
.098
1 750
.103
1 800
.106
1 950
.106
2 000
.106
2 000
8,767
5 436
32, 749
430
8,797
6 116
35 292
295
8,270
7 036
36 361
144
9, 391
9 087
36 705
93
10, 055
13 473
33 283
93
12, 028
18 602
26' 770
9°
11,940
17 426
2l' 310
176
11, 165
13 8^0
18' 712
53
10, 590
12 140
17 215
83
.108
.108
. 108
.103
.103
.108
.111
.111
.111
^271
15 57
r
r
5. 045
6. 576
p 5. 054
p 6. 601
253
6 380
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
number _
Production c"
thous. of bbl
Refinery operations
_ percent of capacity...
Consumption (runs to stills)
. thous. of bbl_.
Stocks, end of month:
Gasoline-bearing in U. S., total
do
At refineries
do
At tank farms and in pipelines
do-_.
On leases
do
Exports .
.
Imports ._ . .
__
Price (Oklahoma-Kansas) at wells
do . do ._
dol. per bbl_.
Refined netroleum products:
Fuel oil:
Production:
Distillate fuel oil
thous. of bbl... 46, 001
47, 033
48, 802
Residual fuel oil
do
33 288
34 426
32 392
Domestic demand: cf
Distillate fuel oil:
do
37, 177
31,726
29 994
43, 668
Residual fuel oil
do
41, 848
40 754
Consumption by type of consumer:
4 (592
Electric-power plants
do
5 678
4 884
Railways (class I)
__do
7,635
7, 688
8,337
Vessels (bunker oil)
do
6 332
6,708
6 362
Stocks, end of month:
70,139
Distillate fuel oil .
do
83, 559 100 652
Residual fuel oil
do
43 838
45, 083
44 398
Exports:
Distillate fuel oil
.
do.
1,294
2,109
2 172
Residual fuel oil
do
2 670
2,256
2 435
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
.102
dol. per gal..
.101
.101
Residual (Okla., No. 6 fuel) dol. per bbl
1.500
1.600
1 700
Kerosene:
Production
__
thous. of bbl
9,258
9,065
7,923
5,799
Domestic demand cf_ _ - _ _ - _ _ . do
3,878
4 374
Stocks, end of month. ___ _ . . _ _ _ _ .. . do._.
21, 486
26, 375
29 830
Exports.
do
215
300
291
Price, wholesale, bulk lots (New York Harbor)
dol. per gal_.
.110
.108
.108
T
Revised.
t> Preliminary.
t Revised (effective with the October 1955 SURVEY) to include bunker fuel.
9 Includes nonmarketable catalyst coke.
cf Revisions for 1954 will be shown later.
5 758
6 408
106
9 ooo
" . 106
/) 2 000
. Ill
f .111
SURVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 195i
1955
April
May
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
4 691
Production
thous of bbl
3,589
Domestic demand 9
do
9, 615
Stocks, refinery, end of month
_
do __
1, 211
Exports
do
Price, wholesale, bright stock (mid continent,
.180
f. o. b. Tulsa)
dol. per gal. .
Motor fuel:
Gasoline (including aviation) :
Production, total 9 _
_ _ _ thous. of bbl_. 105, 069
92 793
Gasoline and naphtha from crude oil
do
Natural-gas liquids:
9,486
Used at refineries (incl benzol)
do
2.790
Used in other gasoline blends, etc 9
do
Domestic demand 9
- do
Stocks, end of month:
Finished gasoline
.
_
do_ _
At refineries
do
Unfinished gasoline
_ _ ...do
Natural gasoline and allied products
do
Exports (motor fuel, gasoline jet fuel)
do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol. per gal_.
Wholesale, regular grade (N. Y.)
do
Retail, service stations, 50 cities
- do
Aviation gasoline:
Production, total
thous. of bbl._
100-octane and above
do
Stocks, end of month, total __
do. __
100-octane and above
do
Jet fuel:*
Production
- do
Domestic demand
_ _
_ _ d o _.
Stocks end of month
do
Asphalt:©
Production
- do_
Stocks refinery, end of month
do
WaxrQ
Production
_- do . _.
Stocks refinery end of month
do Asphalt products, shipments:
Asphalt roofing, total - - . - thous. of squares- Roll roofing and cap sheet:
Smooth surfaced
do
Mineral surfaced
__do
Shingles, all types. .
do
Asphalt sidings
.
.
- do. Saturated felts
short tons
4 740
3, 766
4 666
3 720
8 108
1 060
5 115
3 713
8,433
1 024
4 693
3 150
8, 763
1 155
4 985
3 512
9,167
1 Oil
4 536
3 415
1 220
4 526
3 572
8,291
1 143
9,309
3,478
9,646
.180
.190
.190
.200
.200
.200
.210
.220
118, 548
105, 582
119,601
113,527
121,411
100 259
118 652
104 839
116,009
106 311
102 255
107 750
121, 733
108 247
111, 754
99 106
118, 699
105 518
10, 001
2,467
10, 475
2,491
10 643
10 614
2 654
11 903
1,910
11 379
2,375
11 479
2 182
10 883
9 507
3 141
10 240
2,941
115, 707
120, 710
115, 653
121,816
113,379
112 558
109, 212
111,034
100, 642
98 088
113, 128
158, 552
85. 132
10, 199
14, 976
147, 154
76, 363
10, 285
16 327
146,844
141,352
72, 578
10, 560
18 048
140, 236
71 035
9, 958
17 658
143, 080
73 327
10, 023
18 144
148, 050
74 852
9,821
16 450
156, 047
85 585
9, 386
13 564
172,865
11 605
184, 554
109 772
11, 538
11 392
1,642
2, 135
2,067
2,471
2,416
2 171
2 510
1,904
2, 262
2,129
1,101
2 247
.105
.125
.216
.108
.125
.215
.108
.125
.214
.108
.125
.219
.110
.125
.218
.110
.125
.214
.110
.130
.213
.110
.130
.212
.110
.130
.216
.110
.130
.214
.110
.130
.213
.110
.125
.214
7,878
6,433
9,605
6,098
8,771
6, 496
9, 675
6, 124
8,926
9, 315
6, 942
9,416
8,934
8,295
9,556
6, 115
6 843
10, 108
6, 487
7 480
10, 074
6 803
10, 035
6,571
9,129
7 447
9, 540
6, 108
6 624
10, 408
5, 230
9,621
6,210
4, 243
4, 202
4,845
4,972
5, 007
5,029
4,899
3, 480
3 542
4 968
5,181
3 329
5 076
5, 136
3 229
4,754
4,786
3 619
4, 549
4, 711
3 456
7, 827
4 818
3,750
4 557
3, 488
4 871
3 986
1, 2S9
1,097
9, 233
1.208
8,947
.180
.180
.180
111,759
111,759
99 016
99 291
10 027
2. 716
111.116
165, 413
93, 285
10. 188
13, 460
3.607
6,278
9,430
7,169
8,557
4,833
75, 499
10, 235
17, 553
8,547
2,647
7,227
6,527
3 197
101 160
11,040
8,476
6,439
921
7 056
7, 171
11,521
8,799
9,943
9, 506
9,107
9,047
5,789
8,082
5,669
6 017
6,918
6,504
4 560
7, 768
4 433
9,051
4 733
10 608
5 948
12 067
441
552
423
554
464
590
433
602
408
573
416
561
445
535
482
536
455
551
444
538
444
566
479
517
5, 975
5,863
6,727
5, 215
6,888
6,064
5, 801
4,644
2,986
3,188
4,624
6 157
1,062
1,091
974
1,104
3, 785
93
79, 414
1, 106
1,274
856
1,074
3, 285
93
72, 481
1,282
1,441
4,166
122
96, 829
1 160
1,277
3, 627
134
77 460
1 149
1, 319
904
1,065
573
692
1,721
78
82 610
626
630
1,932
83
53 945
958
902
1 199
1 230
3,234
3,039
100
91, 396
4.347
109
94. 500
3,334
144
80 747
2,675
124
103 087
».118
P . 125
.218
8,973
5 752
5, 564
4 336
4 081
.113
.218
.215
11,717
12 642
11,420
5 053
4 986
4 148
P. 220
187, 981
8,017
6 245
4 494
.220
no, ooi
11,496
7,304
4 464
4 204
3 457
3,870
1 120
11, 779
3,822
9,462
9,263
2,603
4 996
2,765
3,728
112
83 527
3 951
679
829
2,443
120
98 828
64
52 267
3 147
3 106
5 203
4 925
772 585
754 005
465 855
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumptioii
.
Stocks, end of month
Waste paper:
Receipts
Consumption
Stocks, end of month
thous. of cords (128 cu. ft.)_.
-_
do . _
_ .. _ do_ _
_
2,189
_.
.
2,713
3 075
2 878
4 566
2 968
2 716
4 811
2 899
2 987
4 726
2 640
2 886
4 482
3 048
4 773
5 027
865 151
904 539
779 120
668 080
633 344
436, 772
781 481
802 637
415' 277
765 167
781 546
398 680
808 959
800 758
406 763
796 131
780 973
421 '687
750 842
711 936
458 697
750 367
765 042
445 724
755 915 r 8H 788
763 252 rgn 383
44o' 456 r44(j 947
1, 787. 9
91 5
976. 5
211 8
226 2
112.0
170.0
1, 768. 3
89 2
971.0
210.6
219 8
112. 1
165.6
1,631.2
1 810 7
99 4
1 710 9
61 6
943 6
204 8
222 1
110 8
168.0
1 873 9
88 2
1 005 7
232 7
244 0
116 6
186.7
1 801 2
83 6
983 4
213 3
236 6
108 5
175.9
1 716 2
85 3
924 1
200 1
235 4
100 1
171.3
1 890 9
82 8
1 019 7
241 5
246 1
106 1
194.8
1 813 6
88 4
989 2
222 7
240 8
97 3
175.3
719.3
162 0
475 0
82.3
752.9
741.0
162 8
491 8
86.4
759.4
170 8
491 2
90 9
164 8
506 5
88. 1
764 5
152 1
52o' 2
92 3
770
157
514
98
771
151
517
102
8
9
g
2
762 9
131 6
526 1
103 9
775.1
156 1
518 3
100 7
49 5
12 4
37 1
48 7
15 0
33 7
52 8
19 0
33 8
53.5
14 5
39.0
57 6
19 7
37 9
55 0
17 6
37 4
58 4
22 6
35 7
38 8
15 0
23 9
2,837
4,235
743, 006
short tons
733 154
do
__do_ _ _ 407, 295
795. 214
793 855
408, 530
.
do
do
do
55.4
16 1
39.2
2,734
4,363
4, 359
WOOD PULP
Production:^
Total, all grades _. _.
thous. of short tons
1, 709. 4
70.4
Dissolving and special alpha
do
920.2
Sulfate _ _ .do
233.9
Sulfite
.
do_^
Groundwood
do
219 7
Defibrated or exploded _
_. . _ do _
106.6
Soda, semichem., screenings, damaged, etc.-do
158.6
Stocks, end of month:cf
712.1
Total, all mills
- do
Pulp mills
do
154 9
479.5
Paper and board mills
- do
Nonpaper mills
__do_ _.
77. 7
Exports, all grades, total 9
Dissolving and special alpha
All other
-
2.416
2, 752
4. 785
2,842
2, 605
66 6
891.7
201.0
218 0
105.5
148.5
976.8
210.9
230 7
115. 9
176.9
4
4
8
1
40 5
14 1
26 3
2,762
3 076
2 924
5 165
785
165
r 520
100
9
2
5
2
47 2
15 9
31 3
r
r
2 708
2,984
l 913 0 1 859 6
93 5
65 8
1r 031 1 1 016 2
225 1
246 2
246 0
261 5
102 0
108 8
183.4
193.1
777 0
r 169 2
502 4
105 4
780
181
493
105
9
6
5
8
49 7
15 7
34 1
Imports, all grades, total 9
do
157.2
212.5
181 1
159.6
191 0
185 6
194 1
188 0
201 2
168 7
210 6
208 4
Dissolving and special alpha
do _ . _
18.5
15.2
19.2
16.9
18.1
18.8
14.1
14 8
19 4
20 5
15 9
21.5
A1J other.
do
194.5
177.2
142.1
140.8
167.0
187.1
161.9
186.9
176.3
149.4
190.0
172.0
r
Revised.
* Preliminary.
9 Revisions for 1954 will be shown later.
*New series. Prior to 1954, included with data for gasoline, kerosene, and distillate fuel oil; for January-July 1954 figures, see note <q " on p. S-35 of the November 1954 SURVEY and earlier
issues.
©Asphalt—5.5 bbl. = l short ton; wax—1 bbl. = 280 Ib.
^Effective with the October 1955 SURVEY, data as compiled by the Bureau of the Census have been substituted for those from the United States Pulp Producers Association.
SURVEY OF CUEEENT BUSINESS
June 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-37
1955
May
April
July
June
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
A.11 paper and board mills, production:!
Paper and board, total
thous. of short tonsPaper
-_ do
Paperboard
do _ _
Wet-machine board
do
Construction paper and board
do
Paper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association) :
Orders, new
thous. of short tons _
Orders, 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 Ib.
Coarse paper:
Orders new
thous. of short tons
Orders' unfilled, end of month
do
Production
_
do. _ _
Shipments
do
Stocks, end of month
___do- __
Newsprint:
Canada (incl. Newfoundland):
Production
do _
Shipments from mills
_
do
Stocks at mills, end of month
do
United States:
Consumption by publishers
do
Production!
do
Shipments from millst
do
Stocks, end of month:
At mills
do
At publishers
_ _
do
In transit to publishers
do _
r
r
2,681
1, 154
1,236
13
278
2 599
1,105
1 222
13
260
2,461
1,078
1,129
12
243
6
8
8
1
1
1,034 4
892.7
1 022 3
1,004 4
459 4
957 2
876.0
973 7
953 8
471 1
987 0
892.0
949 5
939 0
442 0
113.5
96.2
116 7
118.6
94.7
128.4
109 4
123 5
124 1
100.5
129.5
108 8
128 9
125 4
101.5
122 5
106.8
125 3
126.9
99.0
128.2
113.2
122 7
123 9
93.0
337 1
451.5
329. 7
330 7
155.2
338 2
435 1
325. 2
323 8
156.6
357 0
441 2
337.7
340 6
153. 8
340 0
438 2
333.6
335 7
151.6
361 7
465 3
330.2
329 5
152.3
2, 460
1,066
1, 115
14
265
2,545
1,083
1,170
13
278
2,559
1,079
1,197
14
270
2,265
968
1,026
9
261
2,605
1,078
1,218
14
296
2,518
1, 065
1,164
13
275
956.4
750. 9
951. 8
939.2
422.7
959.2
770.6
958.0
952. 2
426.7
985 2
805.6
953 3
960 2
433 0
894.2
838.6
850.7
834.8
436.9
949.4
860.8
950 5
941.6
446 9
997
898
946
949
446
124.4
78.1
120.6
120.4
97.5
126.1
85.9
125 2
124.5
103.1
131.8
92 4
126 6
133 9
104 9
109.4
103.4
98.6
98.9
99.6
318.9
372.2
317.2
312.7
158.0
327 7
380.0
326.3
330 1
154.3
3P3 6
415 4
324 6
327 8
151 1
317 0
433.3
285.8
280.7
156.2
2,655
1,161
1,233
12
250
r
906. 1 1 r 855. 9 1 980. 9 i 887. 0
' 881. 7 i r 891. 8 1 927. 8 i 966. 0
1 030 6 11T Oil 0 1,1 064. 9 1,019.0
1
rr 858. 1 r 857. 9 1 912. 3 1 864. 0
395. 0
396 7
391 0 i 401 8
«• 133. 5
122. 7
r
r 132 0
r
133 8
r
96. 4
r 3QQ 5
r
r
r
r
502 9
348 8
346 1
155 0
14.10
14.10
14 10
14.45
14.45
14.45
14.45
14.45
14.85
15 05
318.7
172. 3
310.1
311.1
84.6
316 8
180 5
313.4
309 0
87 7
304
175
311
311
93
6
9
4
5
5
296 9
181.0
284.0
282. 2
87.6
313 9
188 9
311.0
308 2
93.4
331 6
223 9
306.9
305 5
88.7
339 0
210 5
332. 6
328 4
89.0
312 3
205 0
315.0
309 3
93.0
316 9
214 4
309. 4
316 1
88 5
r 325 7
518.6
540.5
170.0
521 3
525.0
166 3
507 8
543 4
130 7
490.4
502.4
118.7
539. 5
534.6
123 6
503.2
501.6
125 2
538 8
547. 2
116 9
541 7
544 4
114 2
520.0
554. 1
80 1
431.8
122.7
122.9
455 4
135 2
132 8
422 2
133 0
135 1
378.4
126.2
123.4
384.7
136, 7
138 9
424.8
126.7
125 9
478 9
141.8
141 4
461 8
142.0
144 1
7.4
369.2
78.8
98
340. 4
86 4
7 7
345 2
86 4
10.5
358. 7
83.7
8.4
404.0
81 0
91
379.7
86 2
95
342.3
80 7
7 5
325 7
82 5
421.2
Imports
- do _
Price, rolls, contract, delivered to principal ports
_
dol. per short ton... 125. 75
Paperboard (National Paperboard Association):
Orders, new
__
thous. of short tons. _ 1, 163. 1
507.6
Orders, unfilled, end of month
_
_ do_ _
1, 142. 2
Production total
do
95
Percent of activity
_ __
Paper products:
Shipping containers, corrugated and solid fiber,
shipments §
mil. sq. ft. surface area.. r 7, 811
Folding paper boxes, index of value:
188. 1
New orders
1947-49=100
168.0
Shipments
do __
»•r 126. 1
116.9
r
125 3
r
127 4
••93.2
148.9
130. 8
143 2
142.7
95.4
137.0
139.0
133.0
129. 0
89.0
r
406 5
519. 1
366. 4
365. 4
160. 1
373.
557.
355.
351.
164.
362 9
M92
4
r
348.
8
r
344 3
r
159. 5
15 05
15.05
15.05
2
2
9
g
g
365 7
222 1
345.3
346 7
89.5
320.0
212.0
329.0
329.0
90.0
523 3
502 3
101 1
514. 7
501. 6
114. 1
552 9
534. 8
132 2
518.4
508. 4
142 2
419 2
131.9
131 0
402 3
139 5
140 5
397.8
130. 5
132.0
446 1
149 0
147 3
461 8
138. 3
136 3
83
361.0
97 4
7 3
360 0
112 0
5 8
366. 1
107 2
7 4
366 3
103 9
9 4
342 3
93 8
r 210 1
r
332' 3
r 322 5
r 93 7
446 7
447 5
392.0
454.8
409.3
453 1
458 3
483 2
459 3
430 2
125. 75
125. 75
125. 75
125. 75
125. 75
126. 75
127. 00
129. 00
130. 25
1, 239. 0 1, 082. 4 1, 305. 7
602.9
665.8
582 2
1 210 6 1, 019. 2 1,264 3
81
99
99
' 7, 912
' 8, 133
«• 7, 070
183 8
167.1
198 9
179 9
187.3
150.3
206 6
188.5
1,069
838
231
993
800
193
920
692
228
723
588
135
0
0
0
0
0
342
229
334
331
r 97
r
r
r
r
125. 75
1, 248. 4
621.0
1, 187 2
96
2,643
1,164
1,199
12
268
'r 2, 671
1, 206
r
1,252
13
290
2 598
1,132
1 198
12
256
p 15.05
442 4
r2
2
130.10 p 2130. 10
130. 10
r
1, 167. 4
585.7
1, 192 4
97
1, 299. 8
591.3
1 260 2
102
1,255.1
654 6
1 261 4
100
' 8, 593 ' 8, 680
«• 8, 837
r 8, 252
7, 797
7,588
7,758
8,686
7,979
8,287
188 1
191.0
189 7
194 3
191 6
189 2
185 2
180 7
195 7
164 9
189 4
189 0
232 0
186 1
206 8
166 4
197 8
185 5
951
783
168
1 467
1,256
211
1,086
926
160
1 216
969
247
717
570
147
851
615
236
1 334
1,066
268
1 125
912
213
982
798
184
50 285 r 50 040
111 832 r!09 974
52, 749
53' 352
46 961
108 840
1, 203. 7 1 195 4 1,155.3
577 2
584 2
539 5
1 223 7 1 184 8 1 189 7
90
100
100
r
1, 303. 0 1,210. 7
547 0
535 0
1 291 1 r I 184 8
100
98
1 282 4
557 9
1 2S9 5
97
PRINTING
Book publication, total
N e w books
__
New editions
number of editions. _
_ _ _ _ _ do_ _ _
do
_
1,175
965
210
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
. . . _ _ _ _
long tons _
52, 963
Stocks, end of month
do
101, 620
Imports, including latex and guayule
do
61, 113
Price, wholesale, smoked sheets (New York)
dol. per lb_.323
Synthetic rubber:
Production. _ _ long tons75, 604
Consumption
do
72 123
Stocks, end of month
_ - d o _ _ - 141, 444
Exports
_ _ _ _ _ _ _ _ _
do.
5,564
Reclaimed rubber:
Production
Consumption
Stocks, end of month
_
_
_ _
do
do
do
26 678
26, 609
30, 068
54, 746
106 650
61, 042
56 282
100 861
52, 838
.314
81,617
75 421
138, 108
5 740
27 911
27 652
29, 528
46 166
105 782
43, 626
.348
.400
819
497
694
710
81 472
62 897
139' 902
7 896
30 426
29 157
29, 725
24 034
22 563
29, 939
77
79
130
8
48 359
109 056
59, 840
50 963
113 185
50, 459
54 995
110 795
45, 720
.455
.493
.433
628
722
050
497
83 257
76' 375
136 035
11 847
89 060
80 389
134' 753
11 241
25 183
25 790
27, 956
26 377
26 340
27, 110
83
72
137
10
52 769
103' 774
50, 509
.453
91
81
133
10
281
661
664
890
48 377
53 751
109 530 rin 943
48^ 195
58 803
.470
.408
90 319
93 522
76 026
78 480
136 319 r!41 732
11 005
10 723
.345
'.323
94 389
488
240 r r 77 g88
906 !50 995
13 670
758
91 602
73 (391
153 998
.373
90
75
145
12
27 947
28 102
29 113
27 108 r 28 468
26 205
27 229
26 597
24 515
25 827
25 571 r 26 176
27, 565
31,058
28, 473
31,875 «• 33. 326
31. 640
2 Not entirely comparable with data through February 1956;
.304
26 657
23 687
34. 215
March 1956 price
r
Revised.
» Preliminary.
1 Beginning January 1956, data exclude estimates for "tissue paper."
comparable with earlier prices is $130.25.
t Effective with the October 1955 SURVEY, items have been revised as follows: Construction paper (formerly included in the total for paper) is now combined with construction board;
wet-machine board was formerly included with paperboard.
J Revisions for January-December 1954, appear in the March 1956 SURVEY.
§ Revisions for January 1953-March 1955 will be shown later.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 195
1955
May
April
June
July
August
1956
Septem- October Novem- December
ber
ber
January
February
March
April
May
RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings: cf
Production
thousands. _
9,153
9,949
10, 703
9,027
8,717
9,125
9,555
9,603
8,478
8,979
8,897
9,193
9,937
4, 457
5,315
165
9,865
4,352
5,361
152
10, 234
3,931
6, 129
174
9,729
3,890
5 711
128
9,462
3,362
5,980
119
8 453
3,142
5 170
140
8 117
3,495
4 460
161
8 045
4 303
3 592
150
7 515
4 045
3 298
' 172
8 203
3 402
4 669
131
7 473
3 342
3 952
178
8 627
3 466
5 034
127
do _.
do
14, 890
155
14,936
154
15, 460
155
14, 684
125
13, 908
111
14 674
137
16, 163
147
17 727
140
18 778
' 166
19 517
146
20 933
142
21 562
106
do
do __
2,836
3,250
3, 005
3,233
3,136
3,565
2,768
3,450
2, 923
3,733
3 169
3 261
3 119
3 004
3 052
2 875
2 719
2 686
2 917
3 608
2 969
2,921
3 347
2 962
7,963
87
7,735
62
7,326
78
6,664
67
5, 917
48
5,966
78
6,286
67
6 734
78
6 833
83
6 294
i 31
6 547
i 42
6 1848
39
Shipments, total
Original equipment
Replacement equipment
Export
do
do
do
do
Stocks, end of month
Exports.
Inner tubes: cf
Production
Shipments
Stocks, end of month
Exports
... do
do
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production
Percent of capacity __
Shipments
Stocks, and of month:
Finished
Clinker
thous. of bbl
24, 818
thous of bbl
25, 295
27, 03 1
108
29, 527
26, 762
111
31, 606
27 332
107
29,467
27, 861
109
31, 883
26 958
109
29 887
27 924
110
28 950
24 894
101
21 985
23 075
91
17 203
21 440
80
13 500
19 578
78
16 093
23, 386
87
22, 471
26, 106
12, 044
23, 672
10, 439
18, 855
8,624
16, 727
7,192
12, 731
5,373
9 779
4,413
8 754
3 514
11 664
4 236
17 516
7,001
25 454
10 460
28 939
* 13, 873
29, 854
16, 026
569, 355
605, 391
613 871
652, 091
653, 910
684, 429
623, 164
627, 200
677 449
680, 758
675 876
677 850
656 868
637, 593
632 714
581 028
566 810
480' 413
565 351
434 730
536 072
455, 350
611 058
541, 423
627, 494
624, 747
28. 654
28. 750
28. 846
28. 952
29. 308
29. 451
29. 736
29.831
30. 018
30. 092
30.281 r 30, 398
30. 470
short tons. . 142, 879
147, 018
do
156,551
173 337
179, 359
197, 360
151, 504
170, 587
173, 326
193, 115
182, 797
187 947
171,814
171, 749
174,343
157 170
163, 161
117 863
155, 334
120 988
157, 162
155 027
173, 193
159,463
117, 225
127. 755
65, 146
70, 105
67, 600
72, 353
77, 358
77, 109
72, 615
69, 870
73, 376
80, 651
69, 241
74, 339
72, 165
73, 672
69 631
64, 489
69 078
59,681
69 419
54, 220
63, 373
51, 331
68, 058
54, 655
65, 901
58, 666
thous. of gross _ _ « r 11,246 »• 11, 938
>• 12, 460
f 12, 039
r 13, 340
'11,441
r 12, 384
' 10, 735 r 10, 354
11,097
11,128
11,865
11, 985
' 12, 216
r 11,088
14, 525 r 11, 289
r 11, 300
9,578
9,952
11, 956
10, 590
103
do
do
CLAY PRODUCTS
Brick, unglazed:
Production
thous of standard brick
Shipments
do
Price, wholesale, common, composite, f. o. b plant
dol. per thous.
Clay sewer pipe, vitrified:
Production
Shipments
Structural tile, unglazed:
Production
Shipments
do
do -_
* 30. 562
GLASS PRODUCTS
Glass containers:
Production
« f 10,617
Shipments domestic, total
do
General-use food:
Narrow-neck food
do
1,067
Wide-mouth food (incl. packers' tumblers, jelly
2 749
glisses and fruit jars)
thous of gross
Bevera0^
Beor bottles
Liquor and wine
_ _ _
M^edic^nil and toilet
Ohemicil household and industrial
Dairv products
do
do
_ _ do.
do
do
do
r
11,825
r
r 9, 920
' 11, 576
1,129
1,193
1,223
1,862
1,755
1,355
936
1,062
853
993
1,025
1,019
3 349
3 290
3 111
4 777
3 032
3 291
2 973
3 431
2 717
2 663
2 843
2,798
982
1 313
1 156
1,080
a r 2 500
r 0 625
1,513
1,282
1,187
2 530
1,008
213
1,230
1, 161
976
r 2 249
926
212
931
1 , 145
1,149
r 3 133
]' 199
329
480
739
1,208
r 2 722
1 024
329
411
597
1, 492
2 902
1 012
240
471
589
1,352
2 516
846
237
708
730
1, 168
3 304
933
240
612
584
964
2,690
960
198
838
660
1, 085
2,640
886
187
1, 656
940
1,347
2,932
1,010
203
808
984
1, 222
2, 608
963
188
r 12 700
13 995
14 882
14 516
15 549
1,070
1,115
939
195
ar
14 521
r
r
970
9
03
14 331 r 14 19^
r
14 805
r
13 263
r
13 Q40
r
r 13 719
r
r 14 123
r
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
Production
877
2, 589
1,327
2,871
1,078
2,780
2 148
? 402
2 238
753 070
761 983
750, 171
do
72. 338
72,174
80, 692
do
do
476, 607
312,123
511,104
357, 985
416, 164
317, 381
724.4
1,157.4
55 8
771.3
1,175.1
56 9
748.1
1,241.9
55. 8
thous of short tons
do
Gypsum products sold or used, quarterly total:
Industrial uses
Build ing uses:
Plasters:
Base -coat
Allother (incl. Keene's cement)
Lath
Willboard
\llothor O
r
..mil. of sq. ft-do
do
Revised.
* Preliminary.
* Beginning January 1956, data exclude exports of passenger car inner tubes; such exports averaged 27,000 per month in 1955.
cf Data for 1954 for production, shipments, and stocks have been revised. Unpublished revisions (for January-May) are available upon request.
O Comprises sheathing, form board, tile, and laminated board.
« Revisions for glass products for January-March 1955 (thous. gross): Production, 10,662; 10,415; 11,456; shipments—total, 9,742; 9,343; 10,983; medicinal and toilet, 2,826; 2,640; 2,847;
stocks, 13,301; 14,058; 14,247.
SURVEY OF CURRENT BUSINESS
June 1956
S-39
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
May
April
June
July
August
Septem- October Novem- December
ber
ber
January
February
March
May
April
TEXTILE PRODUCTS
APPAREL
Hosiery, shipments
thous. of dozen pairsMen's apparel, cuttings:^
Tailored garments:
Suits.- _
thous. of units. _
Overcoats and topcoats
._ do Trousers (separate), dress and sport
do
Shirts (woven fabrics), dress and sport
thous. of doz.Work clothing:
Dungarees and waistband overalls
do
Shirts
_ do
Women's, misses', juniors' outerwear, cuttings:
Coats
.
thous. of units
Dresses. ._
._
_ _ _ _. do- Suits
do
Waists, blouses, and shirts _ .__
thous. of doz_.
r
11, 885
r
10, 746
T
12, 550
r
10 247
T
13 894
r
14 050
1
1,636
372
5, 856
1,816
496
5, 328
U,945
1
550
1
5, 520
1,004
292
3 696
1, 856
564
5,088
1,908
1,744
1
1,865
1, 356
1, 708
416
360
424
360
U25
1410
304
324
452
360
455
i 400
1,146
29, 459
880
1,358
887
28,912
782
1,280
1,839
24, 548
1,040
1,286
2 170
17 136
1 137
970
2 697
22, 950
1 424
1.236
313
1 388
r
14 287
r
i 4 585
r
1,900
1
605
5, 640
1,684
400
4, 944
1,716
340
5, 424
1.910
1.856
1,864
424
384
372
376
2 442
21 188
930
1. 055
2 564
19 997
994
1,084
2 684
20 607
1 449
1 092
4 815
9 553
13 052
2
1
1
1
1
12 228
12 713
13, 291
12 713
10 828
i 11 945
335
5 160
1 876
272
5 280
1,860
288
5 664
i 2 285
i 410
i 5 940
1,796
452
5, 328
1
1,924
2,060 ' i 2, 285
1
1, 890
1
335
i 390
328
408
1 985
18 589
1 640
789
2
22
1
1
384
230
Q]6
063
380
416
2 521
24 189
1 663
l' 115
1,812
1
345
i 450
328
408
2 527
26 203
1 165
1 167
1 264
26 001
599
1 004
COTTON
Cotton (exclusive of linters):
Production :
Ginnings§
thous. of running bales
Crop estimate, equivalent 500-lb. bales
thous. of bales..
Consumption f
bales. _ 695, 188
Stocks in the United States, end of month, totallA
thous. of bales.. 13, 576
13, 510
Domestic cotton, total
do
541
On farms and in transit .. . _ _
do
Public storage and compresses
do
11,196
Consuming establishments
do
1, 773
Foreign cotton, total
_
do .
66
239, 330
Exports®.
_
bales
16, 594
Imports _ .__
__ .
...
_do
31.9
Prices (farm), American upland
cents per Ib
Prices, wholesale, middling, 15i«", average 14 mar33.4
kets
cents per Ib . _
Cotton linters :f
135
Consumption . . ...
thous. of bales
102
Production ... _
_ _ _ .do
r
Stocks, end of month.
do
1,737
13 704
3
14.380
4 14 542
849. 413
565,834
717,227 i 874,837
737, 056
741, 447
855, 447
746, 996
4
14 721
760, 590 1916,396
12,664
12,594
481
10, 435
1,679
70
230, 690
12, 493
31.5
11, 553
11, 482
302
9,704
1,476
71
280, 923
9,049
31.4
11,205
11.140
220
9, 557
1 363
65
58 855
9,875
32 1
24, 662
23, 702
24, 601
23, 655
13 699
10 696
9,729
11,782
1 173
1 177
47
61
60 438 116 409
7, 379 23 730
32 7
33 8
22, 786
22, 726
6 880
14,515
1 331
59
191 536
10, 516
32 8
20, 938
21 , 929
20, 878
21, 872
1 646
3 768
17,561
16, 581
1 523
1 671
60
56
137 449 158 741
19 234
18 295
31 2
32 4
20, 133
20, 072
1 131
17, 263
1 678
61
77 805
12, 896
30 7
19 189
18 138
19, 128
18, 082
Q05
946
15, 439
16, 498
1 725
1 697
61
56
99 392 294 117
18 131
8 618
31 0
31 6
33.7
33.8
33.7
33.6
33. 0
32.9
33.6
33.7
34.1
35.2
i 1129
57
1,559
127
51
1,475
141
67
1,373
1
147
1
154
1 353
157
216
I 397
155
235
1 418
i1 142
206
1 431
156
207
1 434
2,455
41, 467
9,302
37, 192
9,435
37, 097
9,922
2,405
42, 051
12 755
49, 885
15, 750
42, 469
16, 478
* 2, 637
38, 430
15,871
26.34
34.9
16.0
16.1
26 65
34.9
16.3
16.1
27.21
35.4
16.3
16.9
28 91
36.4
16.4
17.3
29 78
36.4
16.6
17.5
30 24
36.4
17.5
17.8
.665
.949
.668
.955
.676
.968
.693
.978
.696
,984
.701
.984
20, 735
20, 799
19, 136
19, 243
10, 088 i 12, 287
504 1 455
9,293 111,363
141.4
138. 0
20,883
19,302
10, 290
515
9, 512
144,9
704,029
r
140
87
1,666
1
721, 577
713, 940
17,067
17, 021
800
14, 664
1 T557
46
361 939
6 071
32 5
13, 895
1 393
41
35.5
35.5
35.5
153
187
1 500
i 152
i 149
1 459
153
111
1 371
157
43, 328
24. 367
45, 106
21 371
2 736
51,124
17 739
31.08
36.4
18.0
18.1
31.26
36.4
18.0
18.3
30 68
36.4
18 0
18.3
29 88
36.4
17 0
18.3
29 59
36.4
16 4
'18.0
29 25
P 3n. 4
p 16 1
f 18. 0
.708
.988
.708
.996
.713
1 000
.713
998
.708
992
p . 698
p 976
20, 988
20, 902
19, 440
19,352
10,150 Ul,848
474
508
9 393 1 10, 992
143.0 i 133. 3
20, 990
19,399
10, 31 5
516
9,577
146. 6
20, 827
19 290
9,991
500
9 324
142 2
20, 796
19 276
9, 793
49(1
9 128
139 fi
32 0
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
5
production, quarterly
rail, of linear yards- ' 2, 603
49, 821
Exports
thous. of sq. yd_- 47, 886
8,481
Imports9_ _ _
... ._
_ ... _do
9,492
Prices, wholesale:
27.36
26 59
Mill margins
cents per Ib
34.9
34.9
Denim, white back, 28-inch, 8 oz/yd.cents per yd_.
16.0
Print cloth, 39-inch, 68 x 72
__ _ do
15.8
16.5
Sheeting, class B, 40-inch, 48 x 44-48
do
16.3
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f, o, b. mill:
.664
.663
20/2, carded, weaving
dol. per lb_.
.945
.945
36/2, combed, knitting
do
Spindle activity (cotton system spindles) :J
Active spindles, last working day, total
thous.- '20,612
19, 160
Consurning 100 percent cotton _
_ _ .. do
Spindle hours operated, all fibers, total- .mil. of hr-_ T 9, 570
488
Average per working day
_ _
do
8, 854
Consuming 100 percent cotton
do
' 134. 2
Operations as percent of capacity cf
- - - -
19, 824
19, 840
18, 335
18, 302
9, 678 111,789
484 1 481
10, 867
8,937
135.7 1 132. 3
20, 708
19, 147
8,234
433
7, 546
115. 7
20, 983
20, 888
19 428
19 350
10, 347 i 12, 562
517
503
9 633 i 11 740
147 2 i 142 8
r
RAYON AND ACETATE AND MFS.
Filament yarn and staple:
Shipments, domestic, producers':
77. 5
Filament varn
mil. of Ib
33 1
Staple (incl tow)
do
Stocks, producers', end of month:
39.3
Filament yarn
do
22 1
Staple (incl tow)
do
18, 604
Imports?
thous. of Ib
Prices, wholesale, viscose, f. o. b. shipping point:
.830
Filament, 150 denier . _.._ dol. per Ib
. 330
Staple, 1.5 denier©
do
Rayon and acetate broad-woven goods, production,
quarterly total.
.__
. thous, of linear yards . '•5 478,891
70. 5
30 1
69.9
30 6
65 4
27 5
72 7
33 2
70 3
29 8
70 8
30 5
69 9
35 9
70 8
31 2
78 0
35 9
70 4
33 6
40, 1
21 0
18, 800
43. 5
20 5
17,904
46.3
25 6
17 473
44.9
24 5
17,029
47 6
25 8
13. 057
48 6
?8 9
1 1 , 924
49 5
29 1
9,871
52.2
34 2
9.432
•19. 0
34 2
9. 174
4'1 1
36 2
11 145
66 3
33 9
49 5
40 1
8 594
. 830
.830
. 336
. 830
. 330
. 830
.336
. 830
.336
.830
.336
. 830
. 326
.830
.326
.830
.326
863
.326
863
.316
.336
469, 853
<• 479, 01 5
4M. 082
r
5
56 9
29 0
55 0
47 5
61 0
49 6
863
.316
p 863
p . 316
4 45
p 4. 65
58 2
r 2fj
459, 189
SILK
Silk, raw:
Imports _ ._ __ _ _ _ ...
thous. of Ib
Price, wholesale, white, Japanese, 20/22 denier, 87%
(A A), f. o. b. warehouse
_ . _ .. _ dol. per Ib
585
658
492
505
997
1, 211
1,058
1, 259
1,098
1,747
489
1 040
4.56
4.58
4.60
4.76
4. 85
4.75
4.58
4.43
4.42
4.41
4 36
4 36
WOOL
Consumption, mill (clean basis) :f
23, 495 i 27, 041
20, 682
23,142 11 25, 896
22, 990
22, 643 1 26, 005 24, 956
Apparel class
thous. of lb__ 22, 722
25, 590 rr ! 29,423 25, 043
6,637
10, 509
10, 336 i 11, 260
10,217
13, 242 11, 890
Carpet class
do
11,566 i 13, 866
12, 851
12. 110
13. 402 1 14.452
r
2
Revised.
p Preliminary.
i5Data cover a 5-week period.
Ginnings to December 13. 3 Ginnings to January 16.
4
Total ginnings of 1955 crop.
Revised production for January-March 1955.
KData for June, September, and December 1955 and March 1956 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles aro for orid -,r period
covered.
ARevisions for August 1954-February 1955 are as follows (thous. bales): Total stocks—22,121; 21,122; 20,083; 19,008; 17,731; 16,709; 15,708; domestic cotton, total—22,043; 21,051; 20,019; 18.95017,677; 16,659; 15,653; on farms, etc.—12,652; 8,984; 5,844; 3,413; 2,023; 1,372; 1,010.
§Total ginnino-s to end of month indicated.
0 Revisions (bales): September 1954,199,318; January 1955, 334,044.
9 Revisions for 1954 (units as above): Cotton cloth—November, 10,827; December, 9,985; rayon—March, 2,269: December, 12,697.
cfThe operation rate is calculated on a 5-day, 80-hour week without any adjustment for holidays.
©Quotations beginning August 1955 not strictly comparable with earlier data.
SUKVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
June 1956
1955
April
May
June
1956
August
July
Septem- October Novem- December
ber
ber
January
February
March
April
May
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES— Continued
Wool imports, clean content -_
__thous. of Ib
Apparel class (dutiable), clean content
do
Wool prices, wholesale, raw, Boston:
Territory, 64s, 70s, 80s, clean basis
dol. per lb__
Bright fleece, 56s-58s, clean basis
do_ _
Australian, 64s, 70s, good topmaking, clean basis, in
bond
dol. per Ib
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price
dol. per lb-Woolen and worsted woven goods, except woven
felts:
Production, quarterly, total
-_ thous. of lin. yd_Apparel fabrics total
do
Government orders
do
Other than Government orders, total
do
IvTen's and boys'
do
Women's and children's
do
23, 703
11, 565
23, 578
11, 688
22,999
10, 331
22, 876
9,517
24, 012
9,855
19, 404
7,729
21 117
8,341
17 943
9,588
17 602
8,754
30 019
13, 157
29 852
12, 767
28 966
14. 310
1.495
1.095
1.475
1.072
1.435
1.066
1.425
1.086
1. 385
1 069
1.325
1.020
1.300
9Q9
1. 275
992
1.298
1.029
1.316
1 064
1.321
1 078
1.298
1 046
1.280
1 005
1.475
1.475
1.475
1.475
1. 395
1.275
1 262
1 225
1. 225
1 300
1 325
1 325
1 325
1 325
1.879
1.867
1.867
1.867
1.844
1.844
1.819
1. 819
1.819
1.844
1.869
1. 856
1.856
f 1. 856
112.1
113.2
97.3
* i 73, 298
''69,211
1
1 105
''68, 106
rl
36 470
''31 636
r
i 4 087
Nonapparel fabrics total
do
1
2 815
Blanketing
do
r\\ 272
Other nonapparel fabrics
do
Prices, wholesale, suiting, f. o. b. mill:
112.1
Flannel, men's and boys'
1947-49=100.97.3
Gabardine, women's and children's
do_ _ _
112.9
97.3
84, 266
80, 296
2 769
77, 527
37 856
39, 071
75, 893
72, 81 7
1 434
71,383
32 256
39,127
3, 970
2 969
1, 001
3, 076
•? Ill
965
112. 9
97.3
112.9
97.3
112.9
97. 3
112.9
97.3
81,578
78 060
812
77 248
38 291
38 957
'T 76, 662
72 829
1 147
r
71 682
r
33 595
38 087
r
r
112.9
97.3
1.282
1 033
3 833
2 689
1 144
3 518
2 238
1 280
112.9
97.3
112.9
97.3
112.9
97.3 i
112.1
97.3
112.1
97.3
656
1,200.4
108
1
;
97. 3
TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircr.'ift (complete) shipments
\irframe weight
Exportscf
453
765.2
111
492
1,142. 5
185
543
1,233. 4
175
358
969.7
201
249
792.1
132
352
702.4
132
353
663.0
188
348
454.3
116
485
652.6
110
537
985.6
126
614
1, 265. 4
117
881, 840
519
501
753, 434
727, 907
127, 887
110, 176
849, 393
313
266
721, 139
697, 471
127, 941
108, 362
767, 182
309
237
647, 658
629, 185
119,215
101, 625
768, 621
296
256
658, 736
643, 402
109, 589
93, 739
716, 163
434
410
620, 610
602, 959
95, 119
80, 077
559, 962
223
198
467, 845
459, 073
91,894
76, 851
601, 256
469
385
505, 177
491, 893
95, 610
81, 390
860, 800
359
340
745, 993
720, 667
114,448
98, 345
799,092
410
406
695,096
667,974
103,586
86, 921
690, 253
253
242
591,032
569, 846
98, 968
83, 752
663, 586
278
274
560, 924
536, 680
102, 384
83, 752
40, 733
22, 928
17,805
35, 389
19, 439
15,950
33, 457
17, 381
16, 076
30, 863
15. 181
15, 682
30, 381
15, 207
15, 174
23, 198
9,769
13, 429
23, 209
8, 759
14, 450
30, 810
18, 070
12, 740
37, 876
22, 481
15,395
32, 645
18, 742
13, 903
40, 827
23, 607
17, 220
50. 262
30.170
20, 092
do
do
do
do
'r 3 6. 313 * 6, 345
3 6, 021 r 6, 043
3,843
3 3, 704
302
292
* 7, 377
f 7, 091
4,491
286
' 5, 997 r' 7, 283 r 7, 189
r 5, 807
7, 078 r 6, 972
3,593 ' 4, 499 '4,316
190
205
'217
6,233
6, 085
3,824
148
6,424
6,207
3,815
217
' 6, 866
' 6, 487
r 3, 797
' 379
do__
do
651, 855
79, 071
661, 304
82, 086
681, 372
90, 005
647, 245
84, 413
658, 964
92, 079
654, 532
89, 924
576, 045
87, 262
509, 155
75, 756
630, 488
93, 733
431,648
66, 141
447, 542
65, 478
545, 234
77. 220
564, 272
82, 699
3,075
1,989
1, 664
1,086
4,320
2,675
2,438
1, G45
3, 057
I, 732
1,690
1,325
2,968
1,954
1,284
1,014
5,029
3, 187
1, 935
1,842
3,965
2,392
1,708
1, 573
4, 233
2,856
2,455
1,377
3,845
2,749
2, 331
1,096
3,814
2, 714
2,696
1,100
4,199
2, 9S1
2,981
1,218
4, 883
3. 154
3,152
1,729
5,989
4,366
4,326
1, 623
5,967
4, 152
4,128
1,815
6,723
4,549
4,493
2, 174
920
896
36
25
1,024
1,007
49
41
1,001
982
55
48
993
977
39
33
952
937
45
42
594
583
355
350
433
424
206
204
399
390
38
38
860
851
39
39
903
884
42
42
464
443
53
53
812
784
54
54
793
764
25
25
740
720
53
44
1,723
1,720
1,717
1,709
1,704
1,702
1,702
1,700
1,694
1,696
1,696
1,697
1,699
114
6.6
18, 193
6,235
11,958
110
6.4
17, 030
5,590
11,440
103
fi.O
27, 848
15, 459
12, 389
96
5.6
44, 622
23, 613
21,009
94
5.5
50. 087
27. 201
22, 886
86
5.1
50, 642
28, 799
21, 843
80
4.7
57, 410
31, 294
26, 116
75
4.4
103,685
46, 947
56, 738
71
4.2
135,293
62, 996
72, 297
76
4.5
l.'U, 331
60, 1 12
71,219
76
4.5
127, 030
57, 644
69, 386
70
4. 1
122, 095
54, 391
67, 704
70
4.1
119,698
52, 861
66, 837
1,247
16.5
1,186
16.2
1,204
16.7
1,228
17.4
1,105
16.5
1,048
16.1
1, 016
16.1
1,013
16.4
997
16.8
1,074
18.6
1,069
19.2
984
18.4
925
17.8
360
385
470
467
704
816
876
906
854
835
897
859
938
49
38
22
59
45
23
40
62
29
53
41
85
476
406
678
833
578
533
521
455
506
346
670
441
650
449
636
441
638
520
570
409
603
491
671
503
624
503
1,647
3,926
2,188
1.961
2, 163
2,463
2,569
2,684
2,333
1,777
1,765
2,170
2, 232
number
thous. of Ib
number
692
1,219.6
MOTOR VEHICLES
Factory sales, total
Coaches total
Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
_.
-
number _ _
do
do
do
do
do
_ _ _ _ _ _
do
Exports total®
Passenger cars
Trucks and buses®
Truck trailers, production, total
Complete trailers
Vans
Trailer chassis
do
do
do _
_
_
Registrations:
New passenger cars
New commercial cars
' 6, 977 '
' 6, 770 '
r 4, 259 '
'207
7, 177 ' 6, 937
6, 968 ' 6, 692
4, 742 ' 4, 456
'209
'245
r
689, 982 654, 333 2569,200
2440
434
371
405
360
583. 169 552. 881 2472.000
554. 761 529. 945
r
106, 379 10L081 2 96. 800
' 86. 996 82, 400
6.697
6,344
3,717
353
RAILWAY EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
number
E quipment manufacturers, total
do
Domestic
_
do
Railroad shops, domestic
do
Passenger cars, equipment manufacturers:
Orders unfilled, end of month, total _ _ _ do
Domestic
do
Shipments, total _
do-_.
Domestic
do
Association of American Railroads:
Freight cars (class I), end of month :§
Number ownedO
thousands
Undergoing or awaiting classified repairs
thousands.Percent of total owned
Orders unfilled O
number
E quipment manufacturers
do
Railroad shops
do
Locomotives (class I), end of month:©
Steam, undergoing or awaiting classified repairs
number -Percent of total on line
Diesel-electric and electric: Orders, unfilled
number of power units _ _
Exports of locomotives total
number
INDUSTRIAL TRUCKS AND TRACTORS
Trucks, electric, shipments:
Hand (motorized)*
number
Rider-type
do
Trucks and tractors, gasoline-powered, shipments*
number. -
r
2
Revised.
* Preliminarv.
* Revised production for January-March 1955.
Preliminary estimate of production.
3 Revisions for January-March 1955 (number)Total— 4,754; 5,230; 6,408; complete trailers, total— 4,606; 5,033; 6,146; vans— 2,850; 3,092; 3,740.
cf Exports revised beginning January 1954 to include 2 types of aircraft formerly classified as "special category" and therefore excluded from the total.
©Data beginning January 1956 include exports of "used" special-purpose vehicles not included in earlier data; exports of these types averaged 26 vehicles per month in 1955. Revisions (number): October 1954— Total, 22,216; trucks, etc., 15,859; January 1955— total, 38,743; tracks, etc., 17.073.
§ Excludes railroad-owned private refrigerator cars.
O Data beginning December 1955 reflect reclassification of reporting roads to revised I. C. C. list of Class I line-haul railroads;
comparability with earlier data, based on ownership, is affected by less than 1 percent.
*New series. Data prior to January 1955 are not available.
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 : J 9 5 6
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
.
_.
24
Advertising
8,9
Agricultural employment
, ___
__
11
Agricultural loans and foreign trade
16, 17, 21, 22
Aircraft aijid parts
. 2, 12, 13, 14, 15,40
Airline operations_ _
23
AlCphol, denatured and ethyl
__ .
24
Alcoholic beverages
- 2, 6, 8, 27
Aluminum
.
.
33
Animal fiats, greases, and oils
25
Anthracite
.
11, 13,14, 15,34
Apparel..*
2,3,6,8, 9, 10, 12, 13, 14, 15,39
Asphalt and asphalt products
__
36
Automobiles
2, 3, 8, 9, 12, 13, 14, 15,16,17, 22, 40
Pages marked S
Foreclosures, real estate
8
Foreign trade indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
- 21,22
Foundry equipment _ . _
34
Freight carloadings
23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables,.
_ _ _ 5, 6, 22, 28
Fuel oil
. _._
__
35
Fuels_ _ .
.
6,34,35
Furnaces
34
Furniture
2,3,6,9, 10, 12,14,15,17
Furs
...
_..
._
....
22
Bakery products
.
2, 12,13, 14, 15
Gas, prices, customers, sales, revenues
- 6, 27
21
Balance of payments
Gasoline
9, 36
______ ...... _.._ 14, 16
Banking..
Glass products
.
38
________________
28
Barley.....
Generators and motors
34
____________ ....
32
Barrels and drums
Glycerin
24
_______________
34
Battery shipments
Gold .
.
18
______ ._________29
Beef and veal
Grains and products
5, 6, 22, 23, 28, 29
2,6,8, 12, 13, 14, 15,27
Beverages
Grocery stores
9, 10
Bituminous coal __________________ 11, 13, 14, 15,35
Gross national product _ .
..
1
Blast furnaces, steel works, etc_____________12, 14, 15
Gross private domestic investment
1
Blowers and fans_____.__________________________34
Gypsum and products
__
6, 38
Bonds, issues, prices, sales, yields ________ 17, 19, 20
Book publication ___________________________ 37
Hardware stores _ _ . , „ _ „ _
_,
6,9
Brass and bronze_______________________- ----- 33
Heating apparatus
34
Brick____......____________________________38
Hides and skins
.
6, 22, 30
Brokers' loans and balances___________________16, 19
Highways and roads
....
7, 8. 15
Building and construction materials_______. 8, 9, 10
H ogs
.. _ .
29
Building costs_____________- ________________ 7, 8
Home Loan banks, loans outstanding
8
Business incorporations, new __________________ 5
Home mortgages
,
8
Business sales and inventories ___ ...... ----- 3
Hosiery. ..
...
39
Hotels
.
11, 13, 14, 15,24
Butter.. „_____________..................
27
Hours of work per week
.
12,13
Cans (metal), closures, crowns _ . _ _ > .
........
32
Housefurnishings
6, 8, 9, 10
Carloadings ___________ --------------------- 23
Household appliances and radios
3, 6, 9, 34
Cattle and calves _________________________ 29
Cement and concrete products________-------. _ 6, 38
Imports (see also individual commodities)
21, 22
Cereals and bakery products ________ 6, 12, 13, 14, 15
Income, personal
.
.
1
Chain-store sales (11 stores and over only) —
10
Income and employment tax receipts
17
Industrial
production
indexes
2,
3
Cheese___,.______________________- ------ - - _
27
Chemicals _________ 2, 3, 4, 6, 12, 13, 14, 15, 19, 22, 24
Installment credit
16, 17
Cigarettes and cigars________________________ 6, 30
Installment sales, department stores
10
Civilian employees, Federal ____ _ __________ 12
Instruments and related products. 2, 3, 12, 13, 14, 15
Cl«iy products (see also Stone, clay, etc.) ----- 6,38
Insulating materials
34
Coal____..: __________ 3, 6, 11, 13, 14, 15, 22, 23, 34, 35
Insurance, life
...
_..
18
Interest and money rates
16
Cocoa,..._______________. . . . . .__________22,29
International transactions of the U. S
21, 22
Coffee...._________._______________________22,30
Coke-.._________________________________23,35
Inventories, manufacturers' and trade
3, 4, 10
Cotnmerdial and industrial failures __________ 5
Iron and steel, crude and manufactures
2,
Communications ___________ 11, 13, 14, 15, 19,20,24
6,8,12,14,15,19,22,32,33
29
Confectionery, sales
Construction:
35
Kerosene.
7
Contracts awarded
8
. .....
Labor disputes, turnover
13
7
Dwelling units
-------------------------Labor force
11
11,
Employment, earnings, hours, wage rates- _
Lamb and mutton
29
13,14,15
Lard
.
--- 29
Highways and roads ____________________ 7, 8, 15
Lead
.
.
... 33
New construction, dollar value ____________ 1, 7
Leather and products
2,
Consumer credit___________-------. ..... — 16, 17
3,6,12,13, 14,15,30,31
Consumer durables output, index ___________ 3
Linseed oil
,_..
26
Consumer expenditures
-------------------1,9
Livestock. ...
.
2, 5,6, 23, 29
Consumer price index ______________________ 6
Loans, real estate, agricultural, bank, brokers'
Copper._________-_______________________22,33
(see also Consumer credit)
8,16,17,19
Copra and coconut oil
--------------------25
Locomotives
40
Corn_______._________________________--.
28
Lubricants
36
Cost-of-Hving index (see Consumer price
Lumber and products
2,
index). ________________________________ 6
3, 4, 6, 8, 9, 10, 12, 14, 15, 18, 31, 32
Cotton, raw and manufactures ________ 2, 5, 6, 22, 39
Cottonseed, cake and meal, oil _________ _____ 25
Machine activity, cotton
39
Credit, short- and intermediate-term ________ 16, 17
Machine tools
. _. _
34
Crops _______ ..... ____ ...... ____ 2, 5, 26, 28,30,39
Machinery
2,3,4,5,6,12,14, 15,19,22,34
Crude oil and natural gas
-----------------3
Magazine advertising
8
Currency in circulation ____________________ 18
Mail-order houses, sales
11
Manufacturers' sales, inventories, orders
3, 4, 5
Dairy products____________2,5,6,12,13, 14,15,27
Manufacturing production indexes
2,3
Debits, bank______________________.______16
Manufacturing production workers, employDebt, United States Government ___________ 17
ment, payrolls, hours, wages
11,12, 13,14, 15
Department stores_________._________9, 10, 11, 17 Margarine
26
Deposits, bank_____________________________16, 18
Meats and meat packing
2, 5, 6, 12, 13, 14, 15, 29
Disputes, industrial _______________________ 13
Medical and personal care
6
Distilled spirits _______ ..... --------------- 27
Metals
2,3,4,5,6, 11,12,13,14, 15,19,32,33
Dividend payments, rates, and yields ___ 1, 18, 19, 20
Methanol
24
Drug-store sales ____________________________ 9, 10
Milk
.
.
27
Dwelling units, new _______________________ 7
Minerals and mining
_. 2,3, 11, 13, 14, 15, 19, 20
Monetary statistics
18
Earnings, weekly and hourly _______ ....... _ 14, 15
Money supply
18
Eating and drinking places _________________ 9, 10
Mortgage loans
8, 16, 18
Eggs and poultry _______ ..... _____________ 2, 5, 29
Motor carriers
23
Effectric power ____________________________ 6, 26
Motor fuel
36
Electrical machinery and equipment ______ ___ 2,
Motor vehicles
__ 6,9,19,40
3, 6, 12, 13, 14, 15, 19, 22, 34
Motors, electrical..
34
Employment estimates and indexes__________11,12
Employment Service activities ______________ 13
National income and product
1
Engineering construction ___________________ 7,8
National parks, visitors. _
24
Expenditures, United States Government ____ 17
National security
1,17
Explosives
------------------------------25
Newspaper advertising
8, 9
Exports (see also individual commodities) ____ 21, 22
Newsprint
.
.-22,37
Express operations ________________________ 23
New York Stock Exchange, selected data
19, 20
Nonferrous metals__2, 6, 12, 14,15, 19, 22, 33
Failures, industrial and commercial __________ 5
Noninstallment credit
17
Farm income, marketings, and prices ______ 1, 2, 5, 6
Oats
-__„-.
28
Farm wages ______________________________ 15
Oil
burners..
34
Fats and oils, greases ____________________ 6, 25, 26
Oils and fats, greases
6, 25, 26
Federal Government finance ________________ 17
Orders, new and unfilled, manufacturers'
5
Federal Reserve banks, condition of _________ 16
Ordnance.
11,12,14,15
Federal Reserve reporting member banks ____ 16
Fertilizers ____ _ ..... _____ ....... _______ ___ 6, 25
Paint and paint materials
— 6, 26
Fiber products______...... ...... ._____----34
Panama Canal traffic
23
Fire losses .......... _________________ ..... 8
Paper and products and pulp
2
Fish oils and fish ______ ..... ______ ..... ---- 25, 30
3,4,6,12,13,14,15,18,36,37
Passports issued
.
24
Flaxseed. ._______________________......... 26
Flooring, ............. ...__________._____31 Payrolls, indexes
_.
12
Flouri wheat ..... _________________ _______ 29
Personal consumption expenditures
1,9
Food products_______________________2,3,4, 5, 6,
Personal income
1
8,9,10,12,13,14,15,18,22,27,28,29,30
Personal saving and disposable income
1
Pages marked S
Petroleum and products
2,
3, 6, 12, 13, 14, 15, 19, 22, 35, 36
Pig iron
32
Plant and equipment expenditures
2, 19
Plastics and resin materials
26
Plywood
32
Population
11
Pork. _
29
Postal savings
16
Poultry and eggs
2, 5, 29
Prices (see also individual commodities):
Consumer price index
6
Received and paid by farmers
5
Retail price indexes
6
Wholesale price indexes
6
Printing and publishing
2,3, 12, 13, 14, 15,37
Profits, corporation
1, 18, 19
Public utilities
2,6,
7, 11, 13,14, 15, 18,19,20,26,27
Pullman Company
24
Pulp and pulpwood
36
Pumps
34
Purchasing power of the dollar
7
Radiators and convectors
34
Radio and television
3. 6, 8, 34
Railroads
_ . 2, 11, 12,13, 14,15, 19,20,23,40
Railways (local) and bus lines
11, 13, 14, 15, 23
Rayon and rayon manufactures
39
Real estate
8,16, 18, 19
Receipts, United States Government- ..
17
Recreation
6
Refrigeration appliances, output
34
Rents (housing), index
6
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3, 5, 9, 10, 11,13, 14, 15, 17
Rice
28
Roofing and siding, asphalt
36
Rubber (natural, synthetic, and reclaimed),
tires and tubes
6, 22,37,38
Rubber products industry, production index,
sales, inventories, prices, employment, payrolls, hours, earnings
_ . _ 2, 3, 4, 6, 12, 13, 14, 15
Rye
28
Saving, personal
,_
1
Savings deposits
16
Securities issued
19
Services
1,9, 11, 13, 14, 15
Sewer pipe, clay
_. _
38
Sheep and lambs
29
Ship and boat building
12, 13, 14, 15
Shoes and other footwear... 6, 9, 10, 12, 13, 14, 15, 31
Shortening
26
Silk, prices, imports
6, 39
Silver
.
18
Soybeans and soybean oil
26
Spindle activity, cotton
39
Steel ingots and steel manufactures (see also
Iron and steel)
. 2, 32, 33
Steel scrap
32
Stocks, department stores (see also Inventories)
.
11
Stocks, dividends, prices, sales, yields, listings.
20
Stone and earth minerals
3
Stone, clay, and glass products
2,
3,4,12,14,15,19,38
Stoves
.
34
Sugar
22,30
Sulfur
25
Sulfuric acid
24
Superphosphate
25
Tea
.
30
Telephone, telegraph, cable, and radio-telegraph carriers
11, 13, 14, 15, 20, 24
Television and radio
3, 6, 8, 34
Textiles
2,3,
4,6,12,13,14,15, 18,22,39,40
Tile
.
.
38
Tin
22,33
Tires and inner tubes
6,9, 10, 12, 13, 14, 15,38
Tobacco
2,3,4,5,6,8, 12, 13, 14, 15,22,30
Tools, machine
34
Tractors
34
Trade, retail and wholesale
3,
5,9, 10, 11, 13, 14, 15, 17
Transit lines, local
23
Transportation and transportation equipment _
2,
3, 4, 5, 6, 9, 11, 12, 13, 14, 15, 19, 23, 40
Travel
24
Truck trailers
.
40
Trucks..
_
2, 40
Unemployment and compensation
11,13
United States Government bonds
16, 18, 19, 20
United States Government
finance
17
Utilities....
2,
6,7,11,13, 14, 15, 19,20,26,27
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Vessels cleared in foreign trade
Veterans' benefits
_.
34
9, 10
_ 25, 26
5,6, 22, 28
23
13,17
Wages and salaries
1, 14, 15
Washers
34
Water heaters
34
Wax
36
Wheat and wheat
flour
28, 29
Wholesale price indexes
6
Wholesale trade
3, 5, 11, 13, 14, 15
Wood pulp
35
Wool and wool manufactures
2, 5, 6, 22, 39, 40
Zinc_
33
UNITED STATES
GOVERNMENT PRINTING OFFICE
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE. S3OO
(GPO)
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
OFFICIAL BUSINESS
First-Class Mail
Volume 36
Survey of Current Business
Numbers 1-6
First-Half 1956 Index
of Special Articles and Features
SPECIAL ARTICLES
Corporate Profits Since World War I I . . . .
National Income and Product in 1955. . , .
Financial Developments in 1955.
Production and Trade
Foreign Business
Business Expectations for 1956—
Investment Outlays and Sales. ,
Developments in Overseas Transportation.
No.
1
2
2
2
2
3
3
No.
Page
Foreign Grants and Credits by U. S. Government
in 1955
Debt Changes in 1955
Growth of the Consumer Service Market
4
5
5
11
Income Distribution in the United States, 1952-55
6
9
Expansion in Foreign Travel
International Economic Improvement.
6
6
17
21
No.
4
Page
3
Page
8
6
17
20
30
9
15
6
15
FEATURES
Indebtedness of Individuals in 1955
National Income and Corporate Profits
Employment, Hours, and Earnings
The Economy in Recovery and Expansion—
A Review of 1955
Trends in Output
The Balance of Payments During the Fourth
Quarter.
ATo.
1
1
1
Page
2
4
6
2
3
Current Inventory Developments
1
3
Construction
4
Borrowing Trends in Early 1956
4
National Income and Product—
A Review of the First Quarter
Higher Investment Programed for Third Quarter.
Concerns in Business and Their T u r n o v e r . . . . .
5
6
6
6
9
2
4
Newest Supplement (September 1955)
BUSINESS STATISTICS, 1955 Biennial Edition.
339 pases, $2.00
Available from Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C,
or any Commerce Department Field Office
Postcard Request for current list of other publications of the Office of Business Economics "for Business Programs and Economic
Research."
@FedFRASER