Full text of Survey of Current Business : June 1958
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U. S. DEPARTMENT OF COMMERC$
OFFICE OF BUSINESS ECONOMICS
SMIIMPEY OF CURRENT BUSINESS
Fol '. 3«5!
X^^K
/*TW%\
«/ .Jg. \tt
No. 6
%BlxJ?
X^us^'
i
JUNE 1958
U. S. DEPARTMENT OF COMMERCE
FIELD SERVICE
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X?
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.jBUSINESS SITUATION
PAGE
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Cheyenne, Wyo.
207 Majestic Bldg.
Tel. 8-8931
Mi
Ag ricultural Income Higher . . . •
..*••
•••••
191>8 Investment Programs of Business
5
6
Fo reign
Trade Decline Reflected in First Quarter Balance of Payments
i
*
*
9
*
Foreign Travel in the United States
*
MI N1THLY
*
19
*
BUSINESS STATISTICS
S-l to S-40
81
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JUNE 1958
lion
By the Office of Business Economics
Plant and Equipment Expenditures
Businessmen have reduced their 1958 programsnow expect to spend $31 billion
Billion Dollars
40 »
30
20
10
54
1953
55
56
57
58
Anticipated third quarter 1958 rate is
about one-fifth below year-ago peak
Billion Dollars
40 *
Employment up—sales steady
ANTICIPATED
30
NONMANUFACTURING
20
10
1957
-
1958
QUARTERLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
D a t a : SEC S QBE
U. S. Department of Commerce, Office of Business Economic*
BUSINESS during May reflected some diversity of movement, with aggregate activity apparently little changed from
the April results. The earlier month, in turn, had shown a
slackened rate of decline from March.
On the plus side have been slight advances in personal income, employment, and retail sales. Principal among the
adverse factors has been a further reduction in business
capital investment programs, as set forth in the adjacent
chart. Inventory liquidation has continued at a high rate,
to which auto dealers have contributed by trimming the
large stocks of cars accumulated during the winter months
in a market that has undergone no improvement in demand.
Manufacturers' sales and orders have steadied, and factory
output in May was little changed following an extended
period of decline.
Consumer purchasing power has held up in the spring
period, with total personal income showing a gain from the
midwinter low. The annual rate of $344% billion reached
in May exceeded February by about $2% billion, and was
below last summer's peak by roughly the same amount.
The decline in incomes received from production has been
arrested, and transfer payments have continued to rise.
Since August, the $5 billion annual rate of gain in. transfers
has been a major factor in the maintenance of consumer
buying power during a period when individual incomes from
production were off at an annual rate of about $8 billion.
With unemployment remaining fairly heavy and benefit
rights under the insurance program being used up, legislation
was enacted in June making available Federal assistance to
States desiring to extend the period of payments to insured
workers.
58 - I ! - I
In May, nonfarm employment moved up in slightly better
than seasonal fashion, and the workweek was also stretched
a bit from the lows of the winter and early spring. At 50%
million, the number of nonfarm employees in May was about
the same as in March after allowance for seasonal influences.
This was 2 million lower than a year ago.
A slowing in the rate of decline in manufacturing employment was first evident on a broad scale in April. Seasonally
adjusted employment in this industry had registered the
largest decrease at the turn of the year. In April, factory
employment was off 1 percent from the previous month, or
half the monthly rate of decline from December 1957 to
February 1958. This was followed by near stability in May.
With consumer incomes holding up, most retailers—with
the notable exceptions of auto dealers and outlets for other
consumer durable goods—have experienced a fairly steady
flow of sales. Purchases at soft goods stores are at a new
high and, with the volume of durable goods buying little
SURVEY OF CURRENT BUSINESS
June 1958
the housing market in recent months. Applications for
FHA insured units were of record proportion in May, and
VA appraisal requests moved up substantially from the low
point reached in 1957.
Consumer Durable Goods Output
Index, 1947-49 = 100
160
MARKET AND INVENTORY TRENDS
Total Ind. Autos
140
120
<
V
Total fxc/. Autos
\
100
I
80
1956
i i i i
1957
i
1958
SEASONALLY ADJUSTED
Data: FRB 8 OBE
U. S. Department of Commerce, Office of Business Economics
58-11-3
changed, total retail purchases this spring have shown some
improvement. Most, if not all, of the higher dollar sales
have reflected further price advances, principally on food
items.
Steel output higher
Some pickup has occurred in steel output. Orders have
improved noticeably, and steel mill operations advanced
steadily from the low of 48 percent of capacity in April to
around 65 percent in early June. This change may not
entirely reflect the basic demand for steel as trade sources
indicate that some ordering represented a hedge against
possible steel price increases at midyear.
Activity in several other important industries also steadied
or improved slightly in May, principally petroleum refining,
paperboard production, and coal mining. All told, the production picture which evolved in May resulted in little net
change in total industrial activity; this is in contrast to the
almost steady decline in production over the preceding year.
Business investment
Throughout the current recession, production has been
below final demand as both producers and distributors have
in part met requirements from goods on hand. This liquidation process is discussed in the review of production, sales,
and inventory developments.
Up-to-date information on business fixed capital programs
has been collected in another OBE-SEC quarterly survey.
As analyzed in a following section, this reveals that there
has been some further scaling down of capital outlays for
1958.
Housing starts appear to have recovered in good part
from the relatively low seasonally adjusted volume of last
winter. The average for April and May was close to one
million units on a seasonally-corrected annual rate basis.
This was one-tenth above the February-March rate and
about the same as a year ago. Easing of financing terms
and greater availability of mortgage funds have improved
Developments in manufacturing and trade for the most
part reflected a slightly more favorable alinement of inventory-sales-orders relationships than had characterized the
previous 6 months. In manufacturing and trade, sales have
been steady to higher, after seasonal allowances, and an iim
proved tone was noticeable in some durable goods. Stocksales ratios have been generally the highest recorded in the
postwar period, though at the moment they are not rising as
they did for a year or more.
While inventory reduction at about a $9-billion-annual
rate in the opening months of 1958 was in absolute terms the
largest liquidation on record, it had been matched for short
periods during earlier postwar downturns, if allowance is
made for the considerable growth in the volume of business
inventory holdings.
T3^pically, in the first stage of any cyclical downturn inventory reduction plays the single most important role
among the reductions in the major types of private demand.
This is true in the current period as the change from a moderate inventory accumulation in the third quarter of 1957
to substantial liquidation in the opening quarter of this year
accounted for the major part of the decline in gross national
product. The cutback in inventories in the first 2 quarters
of the 1953-54 downturn was equal to the decline in overall
economic activity.
Table 1.—Changes in Inventories, Sales, and Orders and Stock-Sales
Ratios, April 1957-58
Percentage change, April 1957April 1958
Inventories
Total manufacturing and trade
Manufacturing
Sales
New Unfilled
orders orders
Stock-sales
ratios
April
1957
April
1958
-3
-8
1.6
1.7
-4
-13
-13
-25
1.9
2.1
-6
6
-11
-20
-30
-15
-18
1
-39
-26
-45
-30
-7
-31
-51
2.2
1.8
2.0
2.2
2.7
1.6
2.6
2.6
2.2
2.3
2.8
2. 1
Durable-goods industries
Primary metals.. _
Fabricated metals
Electrical machinery
Nonelectrical machinery
Motor vehicles and equipment^
Other transportation equipment
. ___
Other durable goods
-7
-14
-19
-30
-18
-9
-12
-34
-14
-1
-12
-16
-21
-15
-22
-22
4.0
2.0
3.9
2.4
Nondurable-goods industries
Food-beverage... ._ _
Textiles
Paper
Chemicals
_ _
Petroleum
Rubber
__ . _
Other nondurable goods
-
0)
-2
-1
2
3
6
4
-6
0
1
-4
-5
-4
-15
-19
-15
-8
-16
1.5
1.1
2.4
1.6
2.0
1.1
2.1
1.9
1.7
1. 1
2.5
1.7
2.1
1.4
2.7
. _ ...
-5
-6
1.1
1.2
_
-3
-6
-14
-1
1.5
.9
1.7
.9
Wholesale trade.
-
Durable goods
Nondurable goods
Retail trade
Durable goods
Automotive
__.
Nondurable goods .. .
2
-fc
1
0)
1.4
1.5
2
4
1
-8
-13
5
1.9
1.4
1.2
2.1
1.6
1.2
1. Less than one-half of one percent.
Source: U. S. Department of Commerce, Office of Business Economics.
June 1958
SURVEY OF CURRENT BUSINESS
This does not mean that the present decline in business
could be characterized as an inventory recession. As we
have pointed out in earlier and more comprehensive analyses
in the SURVEY, the major causes of the present recession are
found in a drop in the demand for products of final use in the
economy.
Recently, both sales and production have steadied. The
downtrend which began in early 1957 has been arrested at a
point about 15 percent under the end of 1956 total. No clear
evidence is as yet apparent that inventory liquidation is slowing, and in the major case of automobiles, a considerable
^period of reduction is ahead before new model production
'reverses the trend.
Manufacturing
Manufacturing operations led the current downturn in
business activity—as compared to almost identical turning
points in 1949 and 1953—and partly for this reason have
undergone the sharpest adjustment. New orders for durables reached a high in November 1956, 2 months before the
sales peak and more than 7 months prior to the peak of total
business activity. New contracts for producers of hard
goods have declined nearly a fourth from their high, while
deliveries are currently a fifth lower. In response to the
severe contraction in their markets, durable-goods manufacturers have liquidated inventories by $2y2 billion—or more
than two-thirds of the drop in total business inventory book
values since the high last September.
The rate of decline in new business placed with durablegoods producers has ameliorated in recent months and, in
addition, there have been significant shifts in the composition
of new orders. In March, aggregate new orders rose, after
allowance for seasonal factors, primarily in response to a
very substantial rise in defense contracts; the flow of new
orders to producers of nondefense goods continued to decline.
There was a return to a more sustainable rate of military
obligations in April; in this period, however, there was some
pickup in civilian goods ordering and total new orders dipped
only moderately, remaining slightly above the seasonally
adjusted February rate.
Inventory liquidation by durable-goods manufacturers to
date had been confined almost entirely to working stocks.
Goods-in-process—mirroring the cutbacks in production
rates—have been reduced $1% billion, or 13 percent, since
September; the decline for purchased materials was $500
million or 6 percent. It was not until February of this year
however, that the uptrend in the ratios of these stocks to
sales was checked. The current ratio, as can be seen in the
chart, is about as high as any in the recent period.
Inventories of finished goods ready for sale by durablegoods manufacturing companies continued to rise until the
end of 1957. Since the first of the year modest reductions
have been effected in shipping stocks of hard-goods firms
with some further liquidation occurring in April.
The electrical machinery and aircraft industries have,
saleswise, weathered the business recession better than
other producers of durable goods. Recent sales were some
10 percent under their year-ago totals, as compared to
almost 20 percent for all durable-goods industries. Aircraft
and electronics companies have been the primary beneficiaries
of the recent rise in the volume of defense orders and the
electrical equipment group has also experienced a rather
steady growth in demand for their products from electric
utility companies.
The flow of incoming business this spring was above that
in the corresponding period in 1957, and unfilled orderssales ratios for both industries were above a year ago.
This situation contrasts with that in most other durable
goods where current unfilled order-sales ratios are well
under those of April 1957. Since the inventory peak late
last summer, the electrical machinery and aircraft industries
have accounted for a third of the liquidation by the durablegoods group.
Manufacturers of nonelectrical machinery have been
moderately successful in recent months in bringing inventories into line with reduced sales. Recent stock-sales
ratios are only slightly above previous ratios. Sales of
nonelectrical machinery firms have declined about the
average relative amount for the durable-goods group from
a year ago, while new orders this spring are at about the
same volume as in April 1957. This is in contrast to the
experience of all other hard-goods industries, in part because
new orders in this industry began declining much earlier
than in other areas. In some nonelectrical machinery lines
ordering peaked in the summer of 1956.
The demand for motor vehicles has been sharply reduced
with little change in the weak situation evident in May,
normally a period of high seasonal buying. Sales are down
about a fourth from a year ago. Backlogs of defense contracts held by motor car manufacturers are currently less
than half the volume a year ago.
Durable Goods Manufacturers'
Stocks, Sales, and New Orders
Billion Dollars
40
SEASONALLY ADJUSTED
30
20
10
New Orders
STOCK-SALES RATIOS
Tofa/
Working Stocks
1953
54
55
56
57
58
MONTHLY AVERAGE FOR QUARTER
U. S. Department of Commerce, Office of Business Economics
5 8 • 11 * 8
SURVEY OF CURRENT BUSINESS
4
In primary metals, and stone, clay and glass, inventories
are still close to peaks while sales are off sharply. Quantity
data on inventories of selected commodities indicate that
producers' stocks of copper, aluminum, lead, zinc, and
cement are at about their highest points in the postwar
period. In the case of lead and zinc, where data on consumers' holdings are available, it is significant that stocks
are below year-ago levels.
While such data are not available for finished steel, current information on steel output and activity in consuming
establishments suggest that the same situation exists in
steel. Stocks of iron ore at furnaces, pig iron, and iron
and steel scrap in April were all substantially above the
corresponding month of any previous year.
Some improvement in the operations of primary metal
firms has occurred since March. New orders received have
improved in the case of both steel and nonferrous metals
companies. The volume of shipments and incoming business
in these areas, however, was much lower than a year ago.
Production of steel has shown a modest rise since March.
Activity in soft goods maintained
Nondurable-goods manufacturers, as a whole, have maintained a high degree of stability in inventories during the
past year, and sales have fallen only moderately—7 percent.
April sales were up a little from the March seasonally
adjusted rate. Book values of stocks have shown little
variation since January and are currently $100 million
under the corresponding year-ago figure.
Mondurable-goods producers supplying primarily consumer markets are generally holding somewhat lower
stocks of goods than a year ago. In food, quantity data
indicate that inventories of such items as frozen vegetables
jand juices, cold storage meat and fish are below levels of
last- April. Stocks of margarine, shortening and some
June 1958
similar items are higher than a year ago. The reduction
in total inventories of food processors from last spring combined with a modest pickup in dollar sales has reduced stocksales ratios for the group below that for April 1957.
The only other major nondurable-goods group in which
inventories are currently lower in relation to sales than a
year ago is tobacco. Here, both dollar data on book values
of total stocks and quantity information on leaf tobacco
stocks point to a substantial liquidation over the past year.
In petroleum, chemical, rubber, and paper, inventory-sales
ratios are above earlier rates, but some improvement in
positions occurred in April. Petroleum producers' inventories currently are higher relative to a year ago than
any other manufacturing industry, partly due to the Suez
situation.
Chemical manufacturers stemmed the rise in their inventory book values in December; the total has remained relatively unchanged since then at a level about 3 percent above
last April. Available information on individual chemicals
show current stocks to be above a year ago for most products.
Among the exceptions are vegetable oils, inedible tallow, and
grease. Industry sales recovered somewhat in April from a
rather substantial decline during the first quarter.
Trade inventories reduced
Retailers have trimmed inventories further, with the total
liquidation since the September peak amounting to 2 percent. Retail sales had also attained their high early last
fall. The subsequent decline through February brought
sales to a rate 5 percent under the peak, with automotive
dealers accounting for about one-half the decline. Consumer buying leveled off in March, however, and has since
shown improvement in some lines of trade.
The pickup in April sales combined with the rather sub-<
stantial inventory reduction for the month effected a slight
reduction in the stock-sales ratio to 1.45, about the same as a
BUSINESS INDICATORS
Billion Dollars
Billion Dollars
20
375
PERSONAL INCOME
Millions
4
CONSTRUCTION ACTIVITY
RETAIL SALES
(annual rates)
18
350
Tofo/
3
Total
^m
—7
v^
Employees
(Contract Construction)
325
Income From
Production
300
16
2
14
1
12
0
—
—
>~^->—-?—^>
Private Residential Starts
•
275
(Nonfarm - annual rates)
1
,
1 , , , M l , , , , ,
Index, 1947-49 = 100
Billion Dollars
36
145
MANUFACTURING
PRICES
130
32
Consumer
Safes
28
115
24
100
New Orders
85
20
1956
1957
1958
1956
1957
1958
1956
1957
1958
S E A S O N A L L Y ADJUSTED, EXCEPT FOR PRICES
Sources: BLS a QBE
(J. S. Department of Commerce, Office of Business Economics
58-11-2
June 1958
SURVEY OF CUERENT BUSINESS
year earlier. The ratio still exceeded that of any month in
1957 and was the highest since mid-1956. Recent changes
in retail stock-sales ratios stemmed largely from the durables, and are traceable more particularly to the unfavorable new car market. After holding close to 1.9 in the
first half of 1957 the ratio for the durable-goods trades
moved up rapidly through last fall and winter. In April it
dropped back to 2.1 as inventories were reduced one-fourth
billion dollars on a seasonally adjusted basis, and sales showed
their first gain since mid-1957. Stock-sales ratios are currently quite high for automotive and lumber-hardware
ealers, while the ratio for the furniture-household appliance
radio group compares favorably with the 1956-57
experience.
Retailers' sales of nondurables reacted quite moderately to
the recent downturn in personal income, and have risen with
income in recent months. Inventories of retailers were up
in April, after seasonal allowances, following 5 months of
stability. The trend in the stock-sales ratio for nondurable
retailers had been generally downward through 1957 from a
high of 1.25 at the beginning of the year to a low of 1.16 at
the years' end. There was a return to the year-ago rate by
April after a slight rise during the first quarter.
For wholesale trade—as in retail—April developments included a slight advance in sales and further reductions in
inventories. The combination resulted in a mild reduction
in stock-sales ratios for both durable- and nondurable-goods
establishments.
In the wholesale market it was the durable-goods groups
which have accounted for most of the increase in the ratio
of stocks to sales; ratios for nondurable-goods establishments have been quite stable in aggregate and currently
differ little from a year ago. The advance in the ratio for
the durable-goods group since early 1957 has been marked—
Vising from 1.5 to a record 1.8 in February and March.
AGRICULTURAL INCOME HIGHER
brought favorable livestock-feed price ratios. These developments mark the initial phase of an expansion in livestock production.
Livestock supply and marketing
For beef, an increased number of cattle are on feed so
that the supply of fed cattle to be marketed in the remaining
months of the year is expected to show some rise over the
corresponding period a year earlier. The total number of
cattle and calves on farms is lower, however, and a smaller
breeding herd implies a reduction in the calf crop this year.
With the increased demand by farmers for foundation stock,
the prices of cows have shown a large rise, and slaughter of
cattle and calves direct from the range is expected to continue well below last year. In periods of expansion in cattle
herds, some buildup in numbers ordinarily precedes an increase in marketings.
For pork, some increase in output is expected sooner than
for beef, reflecting the shorter life cycle of hogs. Reports to
the Department of Agriculture on sow farrowings and prospects indicate, however, that the increase in hog slaughter
will be rather moderate during this year so that total meat
Meat production is lower
PRODUCTION
(Inspected slaughter)
Beef & Veal
1
I
s
/
/^
/"•••
/
Pork
f/ncf. lard)
Livestock prices have advanced
30
PRICES
Farm prices and gross farm income have both advanced
appreciably in the past several months after allowance for
seasonal influences. Farm production expenses are also up,
but they have shown a smaller rise, so that net farm income
has also risen.
The strengthening in farm prices and income at a time
when iionfarm raw materials prices have declined and nonfarm income has ebbed reflects the special influence of a
moderate reduction in marketings in the general setting of
continued high demand for farm products. The reduction
in farm exports from the recent record rate has affected
chiefly the Government's surplus disposal program, with
only indirect and limited influence upon the demand for
'current farm marketings.
Aside from temporary effects of adverse weather conditions on southern vegetables and fruits, the chief supply and
price changes have been those affecting meat animals. In
broad terms, the coincidence of a low point in both the cattle
and the hog cycle has reduced moderately current meat production and resulted in a more than proportional increase in
livestock prices and a rise in cash receipts, as shown in the
accompanying chart. A number of elements have contributed to the curtailment in livestock slaughter including an
improved forage supply, the large feed grain stocks which
together with continued strong demand for livestock have
Beef Cattle
20
10
t
t
t
I
i
i
t
I
i
i
Farm income has increased
3
CASH RECEIPTS
I
§
2
1955
1956
1957
1958
Data: Agri. Dept
U. S. Department of Commerce, Office of Business Economics
58-11-7
SUEVEY OF CURRENT BUSINESS
6
supplies for consumption in 1958 are expected to be about
5 percent lower per capita than in 1957. Thus, the reduction in the supply of meat which has characterized the early
months of this year is expected to persist all year.
Poultry and egg receipts from marketings have also moved
higher this year. Broiler production in recent months has
been well above a year earlier, but prices have been well
maintained as demand for poultry has increased with the
decline in meat production. Egg production is running lower
this year, and prices have been substantially higher.
Dairy production has edged upward a bit, and prices have
eased in recent months. About 5 percent of dairy output has
been going to the Commodity Credit Corporation for price
support purposes. On April 1, support prices were lowered.
Crop receipts stable
Among the crops, the feature developments have been the
reductions in fruit and vegetable production by winter and
June 1958
early spring freezes. Early indications are that production
of vegetables will be smaller for the year. Prices of these
products have shown large advances in both farm and retail
markets.
For the principal field crops, little change has occurred in
the general supply and price influences affecting current marketings. Government stocks of the major commodities other
than feeds have been reduced by accelerated disposal programs. For cotton the reduction has been quite large, and
the flexible support formula has brought an appreciable rise—
about 2 cents per pound—in the support price for the 1958
crop. On the other hand, the support price for wheat isg
about 10 percent lower this year, and an unusually large crop
is in prospect.
Feed grains continue in record supply, and prices are lower
than a year earlier. Price relationships between feeds and
livestock and products are generally favorable for expanding
livestock output.
1958 Investment Programs of Business
JL HE main feature of the latest survey of plant and equipment expenditures is that businessmen have made a downward revision in their 1958 investment programs. On the
basis of reports filed with the Office of Business Economics
and the Securities and Exchange Commission in late April and
May it appears that business now expects to spend $30.8
billion this year, a decline of more than $6 billion, or 17 percent, from the record dollar outlay made in 1957. In the
survey reported a quarter earlier the anticipated decline
from 1957 was 13 percent.
The reports indicate that such expenditures will decline
through the end of the year.
The quarterly seasonally adjusted data by major industry
division indicate continuing sizable declines in investment
through the summer quarter in manufacturing, mining, and
the transportation industries. In public utilities the trend of
outlays shows relative stability since last summer, except for
a dip in the first quarter, while there is a less-than-average
falling off in spending by the commercial group. The decline
that is now implied from the third to the fourth quarter centers in durable-goods manufacturing, mining, railroads, and
the commercial group.
Quarterly trends
In the survey just conducted, firms were again asked to
supply estimates of their programs in 1958. Reduced outlays for the full year 1958, as compared with those reported
in the survey 3 months ago, are evident in all major groups
except commercial and nonrail transportation as may be seer^l
in the table below.
The pattern of downward adjustment that is evident from
the latest report stems in large part from the declines in sales
and profits that have been in progress since the third quarter
of last year; these reductions have been more severe than
many businessmen had expected in the early part of this
year. In the annual survey conducted in the first quarter
of 1958, for example, manufacturers anticipated a decline of
only 2 percent in sales from 1957. In the first 4 months the
seasonally adjusted annual rate of sales by manufacturing
firms actually averaged 10 percent below the 1957 figure, and
April sales, while little changed from March, were running
below the first-quarter rate.
Actual spending in the first 3 months of this year was at a
seasonally adjusted annual rate of about $32% billion. The
corresponding amounts expected for the second and third
quarters are $31% and $30^ billion, respectively. These quarterly figures, given the annual total, imply a further decline
of more than $1 billion at annual rates in the closing 3 months
of 1958. The implied contraction from the first to the second
half is in excess of $2 billion at annual rates.
The seasonally adjusted actual figure for the first quarter
was 5 percent below the anticipation indicated by business
earlier this year, while the second quarter expectation was
revised downward by 4 percent from last time. While the
deterioration in business conditions and the resultant adjustment of basic programs should be considered a primary factor
in these reductions, last winter's bad weather also forced a
slowdown in progress on many projects.
Anticipations revised downward
SURVEY OF CURRENT BUSINESS
June 1958
The decreases in sales and profits have occurred at a
time when sizable capacity additions have been taking place.
These developments have influenced businessmen in their
decisions on the initiation of new projects, and have caused
some stretch-out of the construction time of work in progress.
Manufacturing programs
Manufacturers now expect to spend $12 billion in 1958, a
Induction of about $1 billion from the anticipation reported
in the survey 3 months ago. The downward revision in
plans is noteworthy since it appears in most industries and
the major size groups. In 1955, 1956, and 1957, when
Plant and Equipment Programs
Percent Change in Expenditures, 1957 to 1958*
40
20
20
0
ALL INDUSTRIES
earlier-reported anticipations appear in the two machinery
groups and in nonautomotive transportation equipment.
The quarterly seasonally adjusted pattern of expenditures
in manufacturing reveals that the decreases scheduled from
the first to the third quarters of this year are large, though
less than those which occurred during the preceding 6
months. This comparison is affected, however, by the unfavorable construction weather in the first quarter; the
recent downward revisions in business anticipations should
also be kept in mind.
On a seasonally adjusted basis reductions from the first to
the third quarter in durable-goods are greatest relatively in
the primary metals industries. First- to third-quarter decreases expected by companies in nonelectrical machinery,
stone, and transportation equipment are somewhat smaller
than the durable-goods average. Producers of electrical
machinery and motor vehicles show little change over this
period.
In nondurable-goods manufacturing, the food and beverage, and rubber industries report little change, seasonally
adjusted, from the first to the third quarter. Large and
steady declines are evident in the case of paper and chemical
producers. Petroleum companies are anticipating a reduction in outlays in the second and third quarters.
Table 2.—Percent Change in Plant and Equipment Expenditures,
1957 Actual to 1958 Anticipated
Public Utilities
As reported in-^
Commercial
Late April
and May
Transportation
Other Than Rail
Manufacturing
Nondurable-Goods
Manufacturing
Mining
_
-25
-17
-29
-20
-22
-12
Mining
-25
-15
Railroads
-47
-38
Transportation, other than rail
-17
-19
Durable-goods industries
Nondurable-goods industries
Public utilities
Commercial and other
Durable-Goods
Manufacturing
Late January
and February
Total
2
4
-11
-13
-17
-13
Sources: U. S. Department of Commerce, Office of Business Economics, and Securities
and Exchange Commission.
Railroads
Railroad equipment buying off
Anticipated by business
Data: SEC a OBE
U. S. Department of Commerce, Office of Business Economics
58 -II -4
business generally was on the rise and similar follow-up
anticipations were collected at this time of year, there was
comparatively little change evident from the figures reported
in the regular annual survey.
Downward revisions from earlier plans are most evident
in nondurable manufacturing where a drop of one-fifth from
1957 is now expected by the group as a whole, as compared
with the 12-percent decrease reported previously. Program
revisions were particularly sharp in the chemical and petroleum industries, which now anticipate decreases of about 20
percent. In durable-goods the largest differences from
The continued decline in traffic volume and the poor
earnings record in the recent period are primarily responsible
for the further large reductions in capital outlays currently
reported by the railroads. Third-quarter spending seasonally adjusted, is 40 percent below the actual first-quarter
rate and 60 percent below the recent peak in the third quarter
of last year. The roads this year have virtually ceased
placing new orders for freight cars, and the backlog of freight
cars has fallen steadily over the past 12 months.
Utilities plan record expenditure
The public utilities have planned a slight increase as compared with 1957 though recent months have witnessed some
scaling down from previously reported investment programs.
SURVEY OF CURRENT BUSINESS
The electric group is now anticipating an increase of 5 percent
over 1957. Gas company programs in aggregate are still
down about 7 percent from last year.
The seasonally adjusted quarterly data show that utility
groups spent considerably less than anticipated in the first
quarter. Investment planned by the electric utilities in the
second and third quarters averages somewhat higher than in
the first, while investment planned by the gas firms shows a
steady rise through the summer months.
Other nonmanufacturing
In mining, reductions from earlier 1958 anticipations are
most pronounced among petroleum and gas-producing firms.
In nonrail transportation all groups have reduced their
previous 1958 programs except the airlines which have made
upward revisions. Investment by communications firms
continues to move down, at a somewhat lower level than
previously reported.
Table 3—Expenditures on New Plant and Equipment by U. S. Business 1, 1955-58
(Millions of dollars)
19 57
1956
1955
1958 2
1957
Jan.Mar.
Manufacturing..
Durable-goods industries,
Primary iron and steel
Primary nonferrous metals
Electrical machinery a n d equipment
Machinery, except electrical
__.
_ . _
Motor vehicles and equipment
_
Transportation equipment, excluding motor vehicles
Stone, clay and glass3products
_ _
.
Other durable goods
Nondurable-goods industries _ _
Food and beverages
Textile mill products _
Paper and allied products
_
_
_ _ _ .
Chemicals and allied products
Petroleum and coal products
Rubber products
Otker nondurable goods *
June
JulySept.
Oct.Dec.
Jan.Mar.
Apr.-
June 2
JulySept.a
11,439
14, 954
15, 959
12, 039
3 505
4 183
4 010
4 261
2 898
3 235
2,987
5,436
863
214
436
809
7,623
8,022
1 759
1 995
2 148
1 441
1 533
1,409
1 722
1,078
1 275
1,041
327
147
126
270
2,120
1 268
5,710
1 181
318
135
133
286
272
95
150
249
1,128
1,689
1,058
687
401
408
999
297
126
135
331
314
150
156
377
252
130
139
346
195
138
142
384
143
93
102
276
182
106
108
265
198
103
106
236
6, 329
1,746
2,063
225
114
216
2,015
201
111
192
2,113
1,578
412
603
274
498
__
Apr.-
1958
440
686
814
599
544
572
1,214
1,447
1,438
6,003
718
366
518
7,331
7,937
850
408
811
1,016
1,455
3,135
799
465
801
2,798
150
437
462
531
714
252
570
437
217
152
317
452
223
145
308
209
93
206
506
227
176
380
315
151
106
255
1,457
1,702
215
90
197
170
73
141
208
71
162
174
55
142
3,453
200
491
1,388
201
475
2,837
163
405
353
728
46
115
435
892
53
128
440
894
48
125
496
939
53
123
340
587
37
109
372
746
39
104
34?
721
43
97
231
1,724
Mining
957
1,241
1,243
936
300
327
314
302
225
254
Railroads
923
1,231
1,396
735
342
362
358
334
256
224
149
--
1,602
1,712
1,771
1,470
358
478
447
488
398
386
330
. --
6,294
1,205
1,510
1,720
1,760
1,227
1,768
1,768
725
797
728
I 2,321
2,235
1,933
1,780
2,395
1 1,847
1,806
8,282
9,590
9,357
9,733
7,325
8,262
7,700
16.12
8.09
8.03
16.25
8.31
7.94
16.37
8.23
8.14
15.27
7.57
7.70
13.20
6.58
6.62
12.18
5.78
6.40
11.68
5.52
6. 16
Transportation, other than rail
.-
Public utilities
-
Communications
Commercial and other
8
-
- -
4,309
4,895
6,195
- -
1,983
2,684
-
7,488
8,364
3,032 }
1
7,366
28, 701
35, 081
Total
36, 962
J
9,296
30, 770
782 }
Seasonally Adjusted at Annual Rates
(Billions of dollars)
Manufacturing
Durable-goods industries
Nondurable-goods industries
.
_
_
--
_
- -
_ _ _ _ _ _
- - - --
Mining
1.35
1.28
1.24
1.15
1.00
.98
.94
-
1.42
1.35
1.54
1.26
1.02
.78
.62
1.52
1.82
1.81
1.91
1.69
1.47
1.33
---
5.72
5.93
6.64
6.43
5.87
6.44
6.32
-_
Railroads
-- -
T ransportation, other than rail
Public utilities
Commercial and other &
Total
- - - -
- - -
--
1. Data exclude expenditures of agricultural business and outlays charged to current account.
2. Estimates for the year 1958 are based on actual capital expenditures for the JanuaryMarch quarter and anticipated capital expenditures for the remaining quarters of the year,
us reported by business in late April and May 1958. 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.
-
10.76
10.40
10.15
10.21
36.89
37.03
37.75
36.23
9.63
32.41
9.51
31.36
9.42^
30.31
4. Includes apparel and related products, tobacco, leather and leather products, and print
ing and publishing.
5. Includes trade, service, finance, and construction. Figures for 1958 and seasonally adjusted data also include communications.
NOTE: Data for earlier years were published in the June 1956 SURVEY OF CURRENT BUSINESS, p. 6.
Sources: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
Foreign Trade Decline
Reflected in First-Quarter Balance of Payments
vJUTSTANDING developments affecting the balanceof payments during the first quarter were the drop in merchandise
exports, a somewhat smaller decline in merchandise imports,
and an increase in the outflow of private United States
capital. As a result of the changes in our international
transactions, foreign countries as a whole had an excess of
dollar receipts over expenditures (including unrecorded transactions) of about $550 million. A large part of the net dollar
outflow from the United States was converted by foreign
countries into gold.
The accumulation of gold and liquid dollar assets by foreign
countries as a result of their transactions with the United
States was much larger than in the December quarter when
it amounted to $114 million. The rise was even greater when
seasonal factors are taken into consideration and special
transactions are omitted.
Seasonal adjustments raised the net dollar receipts of foreign countries during the previous quarter to about $410
^million. Special nonrepetitive transactions, raising the dollar
"outflow or reducing the inflow at that time, included the $250
million loan to the United Kingdom, the nearly $140 million
postponement of the service on the postwar British loan, some
rebuilding of domestic coffee inventories, and unrecorded return movements of capital to foreign countries. On the other
hand, a $150 million rise in foreign purchases of military
equipment had the opposite effect on foreign dollar accumulations.
The other transactions between the United States and foreign countries in the final quarter of 1957 were approximately
in balance. This was a considerable improvement for foreign
countries over the third quarter when after similar adjustments of the data they still had a sizable deficit.
organizations at the end of the first quarter were about $200
million higher than before the Suez crisis and the seasonally
adjusted rate of growth during the first quarter of 1958 was
not far below the previous peak rate during the second half
of 1952. The rise in foreign reserves apparently continued
at a high rate also during the second quarter.
The advance in official foreign gold and dollar holdings
slowed down from January to March, but foreign gold purchases increased. During March these purchases exceeded
the current net dollar receipts of the few countries involved
and resulted in some liquidations of previously acquired
dollar balances. Large foreign gold purchases continued in
April and May. From February until the end of May,
United States gold sales were nearly $1.2 billion. During
the first quarter, $300 million of the $370 million sold was
bought by the United Kingdom, and most of the remainder
by the Netherlands and Belgium.
Few countries share in gains
The rise in liquid assets, however, was not widely shared
among foreign countries. The increase accrued primarily
to the industrial nations, particularly the United Kingdom,
the Netherlands, and Japan. Germany had a decline in
gold and dollar holdings because of the return flow of outside
capital which had moved there during the currency crisis in
some European countries in the spring and summer of 1957;
the net foreign exchange position of Germany continued to
improve.
Table 3.—United States Balance of Payments Seasonally Adjusted
(Excluding Military Grant-Aid)
Rise in foreign reserves
In the first quarter of this year, adjustment of all transactions for seasonal variations indicates an excess of United
States payments to foreign countries over receipts at the high
quarterly rate of about $700 million. Newly issued foreign
securities by the International Bank and foreign oil companies
were an important factor in raising foreign dollar balances.
Such issues appear to form a part of the current pattern of
our international transactions, however, and should not necessarily be considered extraordinary. In any case, these outflows of funds were offset by temporarily reduced payments
due to an unseasonal depletion in coffee stocks which will
have to be restored later in the year, and by still large rereipts stemming from foreign purchases of military equipment.
The improvement which was achieved by foreign countries
as a whole in their transactions with the United States after
the climax of the international currency crisis during September of last year was extended, therefore, during the first
quarter of this year. In fact, total holdings of liquid dollar
assets and gold reserves of foreign countries and international
467401—58
2
[Millions of dollars]
1957 r
Total
I
II
United States payments, total
27, 188 6,916 6,968
Imports, total
._ __
_
20, 707 5,113 5, 070
Merchandise
__ _ __
13, 291 3,214 3,251
Services and military expenditures
7,416 1, 899 1,819
Remittances and pensions
__ . _
694
173
170
Government grants and related capital outflows (net)
762
2,596
746
United States private and other Government
capital outflows (net)
963
3, 191
887
United States receipts, total
Exports, total
_. __ __ _.
Merchandise.
___
Services and military transactions
Foreign long-term investments in the United
States
Errors and omissions (net receipts)
Increase in foreign gold and liquid dollar assets
through transactions with the United States
r
Revised.
26, 837
26, 476
19, 327
7,149
6,905
6,739
5,051
1, 688
195S
III
IV
6,546 6,758
5,208 5,316
3,382 3,444
1,826 1,872
I*
6,597
4, 952
3, 090
1, 862
172
179
ISO
620
468
590
546
795
sw
6,930 6,646 6,356
6,803 6,628 6, 306
4,930 4,843 4, 503
5,670
1,873 1,785 1,803
5, (>33
4, 007
1, 62C,
361
166
127
18
50
876
412
162
310
-8
232
410
095
-525
-401
-124
-410
*> Preliminary.
Source: U. S. Department of Commerce, Office of Business Economics.
10
SURVEY OF CURRENT BUSINESS
To some extent foreign gold and dollar gains by these
countries were offset by reductions in holdings of other
countries. Among the latter, Prance, Indonesia, and Venezuela sustained the largest losses. Venezuela had increased
its gold and dollar holdings during 1956 and the first 9
months of 1957, mainly through the sale of oil leases, by
nearly $1 billion and the reductions during the following 6
months, amounting to about $200 million, were small in
comparison. The losses by France and Indonesia, however,
constituted a relatively large share of their holdings and
could not be continued at that rate for a long time.
Several other countries, mostly exporters of raw materials
or foodstuffs, had previously more or less exhausted their
foreign exchange reserves (including their quotas in the
International Monetary Fund). Consequently, they have
to adjust their foreign expenditures to a decline in their
current foreign exchange receipts. If these countries balance
their foreign transactions and do not lose reserves, it may
not be a sign of economic strength, but on the contrary an
indication of economic weakness, even more pronounced
than that of countries which draw on their reserves to meet
a deficit in their foreign transactions.
Export trade decline
Foreign gold and dollar accumulations during the first
quarter of 1958 resulted from a more rapid reduction in
foreign expenditures in the United States than in United
States expenditures abroad. Total United States receipts,
including those from unrecorded transactions, dropped from
a seasonally adjusted annual rate of $25.4 billion in the
fourth quarter of 1957 to $23.6 billion in the first quarter of
this year. United States expenditures abroad declined
during the same period from $27 billion to $26.4 billion.
The reduction in seasonally adjusted merchandise exports
of about 11 percent was considerably more pronounced then
the decline in overall business activity abroad. Special
circumstances were in part responsible for this development,
but it also reflected more basic characteristics of our trade
and changes in the relative position of United States industry
in world trade.
First quarter 1958 exports were at a seasonally adjusted
annual rate of about $16 billion, as compared with $18 billion
in the last quarter of 1957 and just over $20 billion at the
recent peak in the first quarter of last year. The decline
during this 1-year period was about as large as the rise
between the first quarters of 1956 and 1957.
In the current downward phase of the export cycle, the
decline set in with petroleum, cotton, foodstuffs, iron and
steel scrap, nonferrous metals, and ferro-alloys. After
taking account of usual seasonal movements, coal, and iron
and steel exports remained high through the second quarter,
but shipments of manufactured goods continued to rise
through the last quarter of 1957 and the decline did not
gain momentum until early this year.
Total first quarter exports of agricultural products were
about $100 million higher than 2 years ago. Cotton was
about $130 million ahead and grains about $25 million, but
vegetable oils and oilseeds declined by about $30 million.
Nonagricultural exports, after declining sharply from last
year's peak, were still about $60 million higher than during
the first quarter of 1956. Metals and manufactures, however, lost about $70 million; petroleum and products $16
million; coal, $11 million; autos, parts, and accessories, $94
million; and tractors, $16 million. The major gains were
in industrial machinery ($90 million), electrical equipment
($10 million), civilian aircraft ($32 million), railroad equipment ($31 million), and chemicals ($23 million).
The drop from the first quarter of last year in the exports
of raw and semimanufactured materials was due mainly to
June 1958
smaller purchases by Western Europe and Japan. Exports
to Western Europe declined by nearly the same amount as
they had risen between the first quarters of 1956 and 1957.
Exports to Japan were more than a third higher than 2
years ago.
The comparatively recent decline in exports of manufactured goods reflects the lower demands of Canada and
various countries in Latin America, Africa, and Asia which
depend for their foreign exchange earnings mainly upon
exports of raw materials or food and beverage crops.
United States supplies peaks in foreign demands
The recent rise and fall in exports of several industrial
materials and fuels reflects the development of peaks in
foreign demands of relatively short duration and the elasticity
of supply in the United States making it possible to meet
these demands. The same may apply to the rise and fall in
exports of foodstuffs.
These short-term peaks in demand may be due to political
developments such as the Suez crisis, crop failures, relatively
short-lived peaks in business activity usually associated
with inflationary developments and balance of payments
difficulties. Such exports, however, are rather volatile, and
the termination of the special condition, involving sometimes only a relatively small adjustment in total foreign
demand, can create a relatively large drop in foreign imports
from the United States.
There have been occasions when similar short-lived
developments in the United States created relatively large
increases in United States import demand—as for instance
the steel strike in 1952. At that time foreign countries had
the capacity to increase their shipments of steel to the
United States. However, in the postwar period at least,
the United States has more frequently been called upon to,
meet extraordinary demands from abroad than were foreign'
countries to meet such demands here. Furthermore, the
reserve capacity to produce many types of goods shipped in
international trade is likely to be larger in the United States
than abroad.
Aggregate demand in the major industrial countries in
Europe and in Japan relative to their productive capacity
was slightly less during the first quarter of this year than a
year ago. Inflationary pressures have subsided and in some
industries, particularly steel and coal, excess supplies or
capacity have appeared. Thus the drop in import demand
by these countries from the United States was only in part
the result of balance of payments difficulties, but in part
also of changes in more basic business conditions, although
these changes so far are rather minor. Some of these
changes, however, are not yet fully reflected in our exports.
Coal exports in particular, but possibly also shipments of
other materials, are under long-term contracts and consequently have not been fully adjusted to the current
market situation.
The resumption of the accumulation of reserves by these
countries since the latter part of 1957, and the acceleration,
since then, cannot be expected, therefore, to result by itself
in an increase of their purchases here. The recent development in exports to these countries suggest that, barring unusual political developments, such a rise will depend upon
an upswing in their business activity, and even if that occurs,
only in the later phases of this upswing is the effect on
United States exports likely to be important.
United States sales to countries exporting mainly foodstuffs and raw materials usually follow more closely their
dollar receipts. Shipments to Africa and Asia (excluding
Japan, but including the dependencies) reached a peak in
the first half of 1957. By the first quarter of this year the
value of exports has receded to approximately the amount in
SUEVEY OF CURRENT BUSINESS
June 1958
the first quarter of 1956. Exports to Canada which had
risen between the first quarters of 1956 and 1957 relatively
less, declined nevertheless at the same rate as total exports
with the result that during the first quarter of this year they
were by a substantial margin smaller than in the corresponding period 2 years ago.
Exports to the Latin American Republics during the first
quarter of this year were still about as high as a year earlier
and higher than 2 years ago. This applies also if Venezuela
is excluded, although the increase in exports to Venezuela
over the first quarter of 1956 was relatively more than for
the other Republics. First quarter data indicate, however,
f
that the peak in United States exports was reached in the
second half of last year, and that since then shipments—
even to Venezuela—have joined the declining trend in
overall United States exports.
In view of the fact that exports to the less industrialized
countries consist to a large extent of capital goods which are
often shipped a relatively long time after they have been
ordered, further adjustments in our exports to these countries may also be expected.
Other receipts also lower
In addition to the decline in exports of civilian merchandise, sales of military equipment dropped from the relatively
high point during the last quarter of 1957. The lower receipts from transportation services reflect the decline in the
volume of exports. Income on direct investments declined
from the fourth quarter of 1957 slightly more than seasonally, but was still as high as a year earlier.
Foreign long-term investments in the United States remained at the low rate established after the middle of 1957
when the British Government tightened its controls of outi ward movements of capital, and the relative attractiveness
of investments in United States corporate stocks diminished
somewhat as market prices declined.
Imports lower—other payments up
The decline in seasonally adjusted merchandise imports
from an annual rate of $13.8 billion in the fourth quarter of
last year to $12.4 billion in the first quarter of this year was
considerably more than in total payments.
Most important among the payment items that increased
were military expenditures which rose by well over $100
million. The outflow of private capital was nearly as high
as in the fourth quarter but seasonal adjustments indicate a
considerable rise.
The net outflow of Government funds through grants and
capital movements was somewhat smaller than in the previous quarter, largely because of the special $250 million loan
to the United Kingdom during the earlier period. The decline in long-term loans was in part offset by higher shipments
of agricultural commodities for payment in foreign currencies. Nevertheless, such shipments were about $180 million,
11
or nearly 50 percent, less than in the first quarter of 1957.
Merchandise imports (excluding purchases by military
organizations) declined from $3,385 million in the fourth
quarter of 1957 to $3,176 million in the first of 1958, or 6.2
percent. Seasonally adjusted the decline was about 10 per
cent. This decline is comparable in magnitude to that experienced during the 1953-54 recession. At that time, however, it took about 2 quarters for imports to decline by the
same percentage.
The recent downward movement was due to several factors
which are not connected with the decline in business activity.
Imports of silver which are included in imports as shown in
the balance of payments tables declined because returns of
lend-lease silver imports were virtually completed by the end
of last year. Imports of coffee were about $80 million less.
(This figure includes an estimate for March for which import
data by commodities and countries were not available at the
time this analysis was written.) The decline in coffee imports was due to a change from inventory build-ups in the
fourth quarter 1957 to reductions in the first quarter, probably in anticipation of price declines. Imports will have to
increase later in the year, at least to meet current requirements and even more if inventories are replenished.
These two items account for about two-fifths of the import
decline before seasonal adjustment. Omitting these items,
imports during the first quarter of 1958 were about as high as
during the corresponding months of 1957. Based upon data
for January and February it appears that among the major
commodities, which had the largest decline in imports from
last year, were wool, iron and steel mill products, wood pulp
and paper.
The volume of imports of some of the major metals does
not seem to have been affected through the first 2 months of
the year by the decline in production, although most of this
decline was in durable-goods industries. Imports of copper,
lead, zinc, and iron ore were substantially higher than during
the corresponding period of last year. The decline in consumption of these metals was absorbed partly by a decline
in domestic mine production and partly by rising inventories.
For these products the decline in domestic output indicates that through the first 2 months of this year at least
domestic rather than foreign producers were the marginal
suppliers. Inventories at the end of the first quarter—both
in absolute quantities and even more in relation to current
consumption—were higher than in any other recent period.
Although the rise in inventories has continued for some time
without a noticeable affect on the volume of imports, it must
be considered a weakening element in the market for imported
supplies. It may be significant that imports of some of those
metals which are not produced in the United States, such as
tin and nickel, did decline and thus responded to the change
in domestic demand.
Imports of manufactured goods do not appear to have been
affected adversely by the decline in domestic business. Imports of automobiles and agricultural implements were more
than twice those of the first 2 months of 1957. Purchases of
FORTHCOMING BALANCE OF PAYMENTS STATISTICAL SUPPLEMENT
A comprehensive collection of data for the balance of payments through the year 1956 and the major types of
international transactions, including trade, transportation, travel, Government grants and credits, private
investments, and foreign holdings of gold and dollar assets has been prepared by the Balance of Payments Division
of the Office of Business Economics. The publication, now in press, is entitled Balance of Payments Statistical
Supplement and may soon be purchased from the Superintendent of Documents, U. S. Government Printing
Office, Washington, D. C., or from the field offices of the Department of Commerce. Circa 200 pages, price $1.00.
SURVEY OF CURRENT BUSINESS
12
other manufactured goods were about as high as during the
first quarter of 1957.
June 1958
slowing down in flotations of foreign securities during the
second half of 1957. The renewed outflow, which may be
attributed to the loosening up of the capital market and the
decline in interest rates, parallels the experience in 1953-54
when new issues of foreign securities declined as the business
cycle reached its peak and then increased again as capital
became more plentiful.
The low point for new foreign issues during the recent
period was in the third quarter of 1957, when the outflow of
New issues raise capital outflow
While the recession in the United States may have reduced
the outflow of funds through its effect on imports, it has
been accompanied by a higher outflow through purchases of
newly issued foreign securities. This increase followed a
Table 4.—United States Balance of Payments by Areas—
[Millions of dollars]
Western Europe
All areas
Item
Line
1957
Year
r
I
II
III
1957
1958
I v
IV
Year
r
II
I
III
Eastern Europe
Western Europe
dependencies
1957
1958
IP
IV
Year
i
r
1958
1P
II III IV
I
1957
Year'
I
195S
II III IV
IP
1 Exports of goods and services, total
Military transfers under grants, net,
2
total.
Other goods and services, total.
3
Merchandise, adjusted, excluding
4
military.
Transportation.
-5
Travel
S
Miscellaneous services:
Private
_
t
Government, excluding military. .
i
Military transactions
9
Income on investments:
Direct investments
•10
Other private
n
Government
12
28,916
2,440
7,303
605
7,764 6,715
820 463
7, 134
552
6,260
668
9,624 2, 649 2,578 2,078 2,319 2, 003
1, 543 423 540 280 300 401
975 247 254 227 247 214
109
9
15
34
51
27
26,476
19, 327
6,698
5,096
6,944 6,252
5,143 4,447
6,582
4, 641
5,592
4,052
8,081 2,226 2.038 1,798 2, 019 1,602
5, 938 1, 747 1J535 1,293 1,363 1, 157
975 247 254 227 247 214
674 184 178 150 162 140
109
93
9
7
15
7
34
31
51
48
27
23
1,847
785
482
162
507
202
439
248
419
173
380
166
777
86
214
21
216
24
187
22
160
19
149
22
1,131
137
368
262
33
45
278
34
39
268
34
67
323
36
217
253
34
498
39
232
109
11
12
124
10
13
108
9
45
157
9
162
103
11
51
2,313
363
205
491
79
48
594
96
51
595
89
65
633
99
41
488
92
52
311
76
124
63
15
34
70
23
23
72
16
46
106
22
21
57
18
34
13 Imports of goods and services, total
Merchandise, adjusted, excluding
14
military.
Transportation .
as
Travel
36
Miscellaneous services:
Private
17
Government, excluding military
m
Military expenditures
. ...
39
Income on investments:
Private
20
Government
21
20, 707
13,291
5,027
3,298
5,289 5,299
3,342 3,266
5, 092
3,385
4, 868
3, 176
6,887 1,672 1, 853 1,705 1,657
3,091 758 781 732 820
na
na
1,428
1,372
332
213
379
352
390
543
327
264
310
221
691
474
156
43
199
146
195
203
141
82
135
46
37
105
8
31
10
29
10
24
9
21
10
31
531
312
3,120
112
67
849
120
64
876
142
101
693
80
702
m
113
67
826
316
87
1,796
69
22
518
75
18
531
80
23
365
92
24
382
70
20
464
4
10
153
1
3
34
1
2
46
1 1
2
35 38
4f
452
201
109
47
104
52
113
51
126
51
113
42
311
121
77
29
72
31
77
30
85
31
79
25
(*)
1
1 1 2
2
(*) (*) (*) (*) (*)
- — 1--~
8,209
5,769
2,276
1, 671
2,475 1,416
1,655 953
2,042
1,490
na
724
2, 737
1,194
977
554
725
185
373
93
662
362
na
na
-302 P9 -53 -88 -92 na
-302 -69 -53 -88 -92 na
41 -10 -1 17
1 17
41 -10
22
23
Balance on goods and services:
Total
.
Excluding military transfers
24
25
Unilateral transfers, net [to foreign
countries (— )]:
Total
-4,747 -1,166 -1,485 -969 -1,127 -1,219 -2, 170 -591 -701 -427 -451 -522
-575 -551
-627 -168 -161 -147 -151 -121
Excluding military transfers
-2,307 -561 -665 -506
_ _ -
Private remittances
Government:
Military supplies and services
Other grants.
Pensions and other transfers
26
27
28
29
31
32
33
34
35
36
37
38
39
40
45
Foreign capital, net [outflow of funds
(-)], total.
Direct and long-term portfolio investments other than U. S. Government
securities.
Transactions in U. S. Government
securities.
Short-term liabilities to foreign banks
and official institutions.
Other short-term liabilities
46
Gold sales [purchases ( — )] . .
47
Foreign capital and gold, total
41
43
44
48
-130
-134 -134
-137
-127
-2, 440
-1,613
-159
-605
-391
-40
-820 -463
-492 -334
-39 — 38
-552
-396
—42
-668 -1,543 -423 -540 -280 -300 -401
-379 -315 -96 -87 -65 -67 -48
— 4.5
— 57 -14 -13 -14 — 16
U.S. capital, net [outflow of funds (— )], -4, 174 -1,095 -1,557 -551
total.
Private, net, total
-3,211 -840 -1,363 -410
—2 072 —402 —993 -339
Direct investments, net
New issues
— 597 —218 — 181 _88l
149
24
46
Redemptions
50
-218 -102
Other long-term, net
-383
Short-term, net
-17
69
-308
-246
-963 -255 -194 -141
Government, net, total
—987 — 12f -132 — 176
Long-term capital, outflow
659
232 170
128
Repayments.
.
Short-term net
-635
-257 -294 -135
30
42
-535
1
i
•
--
Errors and omissions and transfers of
funds between foreign areas [receipts
\ by foreign areas (— )], net.
T
G34
-29
361
166
-52
127
-21
346
-438
116
-798
-348
-164
-377
876
362
-58 -61 -68 -68 — 56
-971
-938
-781 -247 -298
-598
-338
_no
29
-65
— 114
-373
—553
129
51
-715
-221
-292
21
-168
-55
-223
-253
131
-101
408
-254
—25
20
— 51
-98
373
-368
218
-223
654 -103
262
213
50
37
310
138
10 -244
55
104
37
127
243 -109
250
106
-325
-27
305 -256
262
360
283
-126
51
21 -87
52
47
112 -167
25
169
583
586 -134
182
-372
5 6
6
6
6
23
1 1 (*)
2 (*) (*)
(*) (*) (*) (*) (*)
205
39
9
1
7
19
18
16
16
6
1 (*) (*)
52
68
61
1
0
-8
-35 -10 -9 -8
-10 -9 -8 -8 -8
-25 — 7 -6 -6
c
-6
2 —1 —1
g -3 _2
(*) -1 (*) -1 — ]
4
-46 -6 -28 -8 -4
15
7*y
(*}c*)
c*)
*
2
200
57
-5
6
-31
376
496
649
na
1
16 na
13 na
1
(*)
3 (*) (*)
2
1 (*)
1 (*)
-27 -5
-27 -5
n
35 na
35 na
-6 -9
-6 -9
K
-20 -3 —4 -4 -9
—4
n
(*)
—9
_3J _9J (*\
(*)
(*) ('*) ('*)
-58
8
7 -21
7
"7
00
—Q
0
6
9 -3
7
1 (*) -21 -37
-57
— 11
-9 -2
1 (*)
2 (*)
3
-49 (*) (*) -14 -35
2
-22
-1
-19
1
— 15
1 (*)
-1
2
1
1 (*)
-1
2
1
— 1 -1
1
1 (*)
—1
563
1 (*)
17
14
]
1 (*)
2
1 (*)
1 (*) (*) (*)
(*)
2
89 -96
92 -394
61
1
98
-5 -65
56
1,277 316 307 315 339 na
962 237 218 242 265 na
1 (*)
-11
339 -115
49
2
1 2
(*) (*) (*) (*) (*)
1 1 1 1 1
4
(*) (*) 0
(*)
(*)
3
(*)
n
138 -370
164
13
2
10 11
(*)
4
2
4
2
2 (*) (*)
(*}
(*) (*}
(*)
2
"(*)" (*)
(*)
(*)
(*)
2 —4
7 -14 -7 30
16
-68 -31
15
2
-65
4
14
-39
58
273
78
11
4
-1
8
114
17
3
-48 -6 -30 -8 -4
—66 — 8 — 39 — 8 — 18 — Q
527
370
|
345 -115
(*)
16
2
157
-33
— Cf
50
-98
-108
77 -313 -143
-175
181 48 100
-80 — 77
-82
— 17 -8
1
10
36
10 -94
-106
33 -22
-72 117
29 —213
-6 -8 -40 -314
66
36
82
34
-132 — 145 -13 67
18
630 -229
Revised.
p Preliminary.
*Less than $500,000.
na Not available.
Source: U. S. Department of Commerce, Office of Business Economics.
-255
59
11
Q
16
1
14
1
2
6
-9
(*)
(*) (*) (*) (*)
(*)
(*)
7 -14 -7
376
99
97
30 —2 — 4
2
74 10? na
42
1 (*)
6
15
-1
2
11
10
1
SUEVEY OF CUEEENT BUSINESS
June 1958
funds amounted to about $90 million and repayments to $50
million. In the first quarter of 1958 purchases were about
$290 million and foreign redemptions of $20 million were
unusually low. New issues during that period were in fact
at a postwar peak. Most of these funds went to the International Bank and local governments in Canada, but the
total includes also a large amount obtained by foreign oil
companies through the sale of new shares and smaller issues
of the Netherlands and the Union of South Africa. New
13
foreign issues have continued high during the second quarter
of this year.
The decline in the net capital outflow through direct investments was mainly in the oil industry and to a lesser extent in mining. Most affected were Canada and Latin.
America. This may reflect the completion of certain projects which absorbed large amounts of capital in 1957, and
possibly also the worldwide softening in the market for
petroleum and mineral products.
1957 Annual and by Quarters, and First Quarter 1958
[Millions of dollars]
Latin American republics
Canada
1957
Year
r
I
II
III
IV
1957
1958
IP
Year
r
I
II
III
IV
International institutions
All other countries
1957
1958
IP
Year'
I
II
III
IV
1957
1958
I*
I
Year--
II
III
Line
1958
IP
IV
5, 269
1,273
1,472
1,318
1,206
1,071
6,643
68
1,573
32
1,684
10
1,654
13
1,732
13
1,511
24
6,204
829
1,529
150
1,737
270
1,381
170
1,557
239
1,411
243
92
23
24
23
22
23
1
2
5,269
4,014
1,273
1,006
1,472
1,136
1,318
963
1,206
909
1,071
818
6,575
4,628
1,541
1,068
1,674
1,170
1,641
1,153
1,719
1,237
1,487
1,062
5,375
3,954
1,379
1,078
1,467
1,110
1,211
849
1,318
917
1,168
845
92
26
23
6
24
7
23
8
22
5
23
7
3
4
133
419
32
81
33
113
35
141
33
84
26
82
409
235
102
51
109
55
101
70
97
59
91
52
466
34
118
7
132
7
104
11
112
9
99
8
124
2
37
32
28
1
12
31
1
5
33
28
247
29
12
57
7
5
60
7
2
64
7
3
66
8
2
57
7
2
191
65
81
46
15
11
48
16
11
48
16
13
49
18
46
47
16
11
62
44
915
60
40
232
12
7
242
16
13
219
15
9
222
17
11
192
16
8
515
38
31
91
7
6
125
11
7
151
10
9
148
10
9
367
173
(*)
(*)
15
66
41
(*)
108
41
(*)
(*)
5
96
46
97
45
(*)
(*)
(t)
n
(*)
&
6
44
11
11
11
11
6
2
1
1
2
125
9
8
16
4
5
3
78
7
12
40
839
682
946
739
1,105
763
952
756
na
na
4,950
3,929
1,310
1,062
1,188
945
1,196
926
1,256
996
na
na
3,605
2,308
864
541
967
643
921
589
853
535
na
na
113
340
28
28
28
70
30
191
27
51
24
28
316
404
83
101
80
95
77
110
76
98
76
104
270
46
57
10
62
12
78
13
73
11
65
12
30
4
288
6
1
66
7
1
70
8
1
81
9
1
71
6
1
82
168
69
35
32
17
8
34
17
10
50
18
8
52
17
9
34
17
20
13
87
847
4
21
223
3
21
219
3
22
204
3
23
201
2
23
211
101
26
22
6
24
7
24
7
31
6
26
5
17
12
4
3
4
3
4
3
5
3
4
2
17
17
4
4
3
4
7
5
3
4
3
4
1,427
1,427
434
434
526
526
213
213
254
254
na
na
1,693
1,625
263
231
496
486
458
445
476
463
na
na
2,599
1,770
665
515
770
500
460
290
704
465
na
na
14
14
16
16
12
12
-17
-17
-14
-14
3
-3
-4
-4
-4
-4
-3
-3
-3
-3
-230
-162
-72
-40
-53
-43
-48
-35
-57
-44
-69 -2, 187
-45 -1,358
-461
-311
-694
-424
-459
-289
-596
-353
-84
-84
-24
-24
-17
-17
-17
-17
-1
-1
-41
-9
-12
-11
—9
-68
-111
-10
-32
-27
-4
-10
-29
-2
-13
-22
-2
-13
-33
-2
-177 -1,562
-246
-607
-344
-365
-183
-89 -177 -1,416
-56
-54 -1,104
-42
-83
15
7
10
39
-15 -155
-45
-32 -167
-4 (*)
-146
-300
I "(*)" ""(*)""
155
-1
2
-232
-135
-583
-569
-295
-229
-306
-171
-127
-99
1
-23
-75
-14
-53
23
16
4
-16
o
-24
-62
52
-14
1
4
-28
-88
-39
-51
-59
-49
-70 -115
33
47
-12
9
-2
(*)
(*)
-12
-3
-3
-3
o
-938
-288
-358
-199
-93
-936
-584
324
89
-129
12
2
(*)
-288
-123
-128
8
-26
-19
(*)
(*)
-357
-293
-89
21
-59
63
-1
-202
-112
-65
45
-83
13
3
Q
8
"«:;
-3
-235
17
-2
1
-13
-8
K
-112
31
300
38
49
66
-15
15
-5
-5
-81
—6
-13
-15
233
44
169
15
5
-13
174
17
354
8
-187
-333
-25
-163
na
-75
38
-190
-74
-708
151
-463
3
4
5
-1
-112
11
-18
-47
-205
20
-96
11
115
24
2£
-430
6
47
-16
-16
1
2
-32
-56
-76
26
-6
-1
-43
-26
-26
-266
3
-9
22
23
-101
11
-3
na
na
-53
19
70
3
3
W
-117
-22
-10
9
-25
-69
-53
-62
142
-133
5
-14
20
21
7
-170
29
44
6
(*)
-84
-56
-28
4
49
-53
-168
-67
38
-139
-38
-166
6
-252
2
-1
(*)
-193
-64
-61
14
-18
-64
-383
-308
278
-353
8
-36
(*)
-576
1
136
*> s
17
US
19
27
2i
2$
-78
-15
(
2
-243
-281 ""-84 ""-24 ""-17 ""-17 ""-26 "—16
-19
-158
-22
25
12
-45
23
14
(*)
34
5
2
-239
-269
-20
367
-29
53
-44
23
70
15
16
-170
-226
-19
255
-14
11
14
-50
-13
19
na
na
-270
-354
-20
5
78
19
12
-53
15
71
11
-150
-239
-19
169
-16
5
-192
-8
49
90
4
-24 -829
-33 -1,088
-78
-4
238
103
7
8
9
(*)
10
3,842
2,940
-573
-334
11
8
(*)
-78
-448
-96
na
612
144
-253
15
1
-234
328
-43
51
-11
25
-7
-16
1 (*)
-19
-23
55
3
-104
-58
-57 -122
50
48
16
-97
-53
-213
-64
-89
-3
-57
-151
30
-99 -209
-26
-19 -187
1
16
-65
-38
10 (*)
-167
-133
42
2
-76
-6
-62
-88
-4
-55
-152
-62
10
-10
-8
1
2
1
1
—1
-52
*U
-65
2
-24
-1
-1
-125
10
-37
31
32
33
34
35
(
-2
-1
20
-119
47
-92
111
-9
4
6
4
12
4
3
-169
1
-26
65
106
14
1
(*)
-5
-93
54
21
-33
-11
(*)
1 -626
(*)
(*)
-306
-307
-4
-15
16
-134
48
-718
-195
-316
36
104
na
1,001
267
410
-6
2
—2
1
7
-13
-201
-144
-209
246
41
134
45
5
-149
44
-5
—7
4S
2
-20
41
78
na
4$
-60
-8
m
37
3S
39
4t
42
2
3
(*)
1
45
(*)
SURVEY OF CURRENT BUSINESS
14
Table 5.—United States Balance of Payments with the Sterling Area,
1957 Annual and by Quarters, and First Quarter 1958
[Millions of dollars]
Total
Item
1958
1957
Year r
I
II
III
IV
United Kingdom and Other
Europe
1958
1957
Ir> Year' I
II
III
IV
IP
Exports of goods and
services, total _ ... nss nss nss nss nss nss nss nss nss nss nss nss
Military transfers under grants, net, total
nss nss nss nss nss nss
nss nss nss nss nss nss
Other goods and services, total
4,107 1,045 1,019 942 1,101 882 1,920 508 465 421 526 360
Merchandise, adjusted, excluding
2,786 757 688 641 700 603 1,188 348 277 269 294 222
military
72
65
87
89
78
40 37
186 50
51 45
326
Transportation
12
12
11
14
6
14
7
51
Travel
7
5
26
8
Miscellaneous services:
73
72
54
261 51 66
76 113
349
88
90 51
Private
Government, excluding mili7
7
2
2
7
6
7
3
3
3
27
tary
10
Military transac2
2
1
1 (*) (*)
1
4
2
2
3
10
tions
Income on investments:
Direct invest41 38
77 33
198 42
487 100 105 114 168 107
ments
11
8
12
7
6
6
6
13
10
33
8
40
Other private
1 13
5
14
1
8
15 (*)
7 (*)
3
31
Government
Imports of goods and
3,781 885 1,068 942 886 na 2,034 512 550 498 474 na
services, total
Merchandise, adjusted, excluding
2,162 485 609 544 524 na
796 196 200 195 205 na
military
53
54
61 41 40
55
74
260
77
208 43
63
Transportation
42
40
37
202
Travel
15 11
42
94 10
57
27
68
Miscellaneous services:
55
73
64
252
55
71 54
63
245 53 58
60
Private
Government, ex10
9
1
2
1
1
11
11
40
9
2
6
cluding military..
Military expendi91 101
670 197 209 129 135 152
86
tures
500 166 157
Income on investments:
43
39
42 41
161 38
44
43
45
168
40
Private
38
8
7
6
24
7
7
5
6
6
7
27
7
Government
Balance on goods and
services:
nss nss nss nss nss nss nss nss nss nss nss nss
Total
Excluding military
52 na
215 na -114 -4 -85 -77
326 160 -49
transfers .
Unilateral transfers,
net [to foreign
countries (— )]:
Total
nss nss nss nss nss nss nss nss nss nss nss nss
Excluding military
transfers
_ _ . -291 -80 -80 -57 -74 -90 -83 -35 -15 -17 -16 -16
Private remittances _ _ -99 -25 -25 -25 -24 -24 -52 -12 -13 -14 -13 -12
Government:
Military supplies
and services
nss nss nss nss nss nss
nss nss nss nss nss nss
-178 -52 -52 -29 -45 -62 -23 -21 -1 -1 (*) -1
Other grants
Pensions and other
-14 -3 -3 -3 -5 -4
transfers
-8 -2 -1 -2 -3 -3
U, S. capital, net [outflow of funds (-)],
total
-666 -165 -134 -17 -350 -106 -445 -70 -106
32 -301 -1
56 -67 -41 -219 -94 -104
-245 -95 -139
Private, net, total
31 -52
Direct investments,
-202 -42 -84 'l2 -88 -32 -157 -44 -45 -7 -61 -9
net__
New issues
-13 -13
—7
]
4
13
9
Redemptions
-24
Other long-term, net
28 -68 -1 17 -14 -54 11 -67 -8
10 -5
Short-term, net
11
4
45
-19 -72
4
-8 -61
8 46 - 1 14
Government, net,
-421 -70
total
1 -249 -1
24 -2
5 -73 -283 -65 -226
Long-term capital
-i -2 -252 -1
-4 -12 -26 -271 -16 -255
outflow
-313
1
22
16 122
33
193
2
20 "u
3
1
10
Repayments
Short-term, net
1 -1
-301 -82 -105 -80 -34 -59
9 10 -4
2
Foreign capital, net
[outflow of funds
391 -4 147 -240 488 53
(-)] total
461 34
381 -16 149 -213
Direct and long-term
portfolio investments other than
U. S. Government
14
40
72
124 42
70
3
8
123
securities
4 15
8
Transactions in U. S.
Government secur41
2 35
ities
2 35
26 -85
26
26 -85
26 41
Short-term liabilities
to foreign banks and
221 -99
79 -237
205 -96
official institutions73 -229 457 -23
478 -14
Other short-term lia2
93 -25
5 -22
bilities44 18 -28
51
74 -20 11
Gold sales [purchases
(-)]
300
300
(*)
(*)
Foreign capital and gold,
391 -4 147 -240 488 353
total
461 334
381 -16 149 -213
Errors and omissions
and transfers of funds
between foreign areas
[receipts by foreign
251 113
59 302 -223 na
na
areas (— )], net ._ _
250 101 114 287 -252
r
na Not available.
Revised.
p Preliminary.
*Less than $500,000.
nss Not
shown separately.
Source: U. S. Department of Commerce, Office of Business Economics.
June 1958
The outflow of other long-term capital rose over the fourth
quarter mainly as a result of a shift from net sales to net
purchases of outstanding foreign securities. The change
was most marked in the case of European and Canadian
securities.
Business slowdown worldwide
Although the first-quarter balance of payments reflected
the recession in the United States it was probably even more
affected by a slowdown in business activity abroad. These
developments abroad were generally not initiated by the decline in production in this country, though to a large extent
they were due to similar causes.
Productive capacity for many raw and semifinished products was expanded to exceed current consumption, and weaknesses appeared in the markets for several commodities, even
before production in the United States started to decline.
This applies to many nonferrous metals, paper, wool, rubber,
and petroleum. For some commodities the market weakness
was manifested by declining prices, for others by the appearance of unutilized capacities or the growth of unsold
inventories. In industrial countries excess capacities and
rising inventories developed in the coal and steel industries
and to some extent also in textiles.
The softening in the supply-demand situation of many of
these commodities and in many countries was presumably
reinforced by the development of similar conditions elsewhere. The decline in business activity in the United States
undoubtedly contributed to the decline in demand for many
materials produced abroad, but United States business was
even more affected by the decline in foreign demand.
Furthermore, many countries were affected adversely not
only by the drop in their exports to the United States, but
also in those to other industrialized countries. Preliminary!
estimates published by the International Monetary Fund
indicate, in fact, that total imports, including freight, by
European countries fell from the first quarter of 1957 to the
first quarter of 1958 from an annual rate of $49.6 billion to
$44.6 billion, or 10 percent, while the annual rate of recorded
imports by the United States on the same basis dropped
during the same period by about $400 million, or about 3
percent.
Market weaknesses developed not only for industrial materials. Production increased faster than demand also in
the case of coffee and sugar, neither of which was affected
by changes in business conditions.
The cyclical developments in the different countries are
being reinforced not alone through changes in actual transactions affecting the balance of payments. Equally as important, may be the spread from the major countries of uncertainties as to the economic prospects, resulting in more
hesitations among business managers to maintain productive
expenditures.
Although first-quarter business developments showed an
increase in unfavorable market situations in many countries
and several major industries, some recent experiences indi-J
cate more favorable developments. In the major countries
of Europe, industrial production although rising less than in
ast years continues higher than a year ago, spurred by
igh consumer expenditures, particularly for durable goods.
The decline in prices for many industrial materials appears
to have stopped and for copper slight upward movements
have occurred recently. Demand in the less developed
countries for investment goods remains high and financing
for such purchases appears to be obtainable in larger amounts
and at easier terms through international organizations, such
as the International Bank, through Government and private
loans from the United States, and also through credits
provided by other countries.
E
by Frances P. Sasscer
Record Flow of Travel Dollars Abroad
LMEBJCAN travelers spent a record $1,950 million for
foreign travel in 1957, or 7% percent more than in the preceding year. The increase in the first half of the year of
about 6 percent was at a lesser rate than in the preceding
year but during the second half the rise in expenditures
accelerated to reach a seasonally adjusted annual rate of
about $2 billion in the fourth quarter.
Travel continued to expand during the first half of 1958,
showing another sizable gain over a year ago. Data are not
available to measure the actual increases in numbers of
travelers or expenditures, but the rise in passports issued and
renewed during the first quarter of 1958 over the comparable
1957 period and the reported increases in advance reservations indicate that the upward trend which had characterized
the postwar period will continue into 1958.
As foreign travel facilities have been enlarged, more
persons have gone abroad. During the past 7 years, foreign
travel by Americans has absorbed a rising share of personal
incomes. Although foreign travel outlays moved closer
toward the relationship to disposable personal incomes established after the first world war, the share of disposable
personal income spent on foreign travel was still smaller than
in 1929 and 1930.
Foreign countries received $1.6 billion
Foreign travel expenditures in 1957 accruing to foreign
countries amounted to $1,628 million, of which $1,372 million
was spent in foreign countries and $256 million paid in fares
to foreign carriers. The remainder of these travel outlays—
$322 million—was paid to United States ships and planes for
transportation between the United States and foreign
countries.
Fare payments increased from 1956 to 1957 at about the
same rate as expenditures in overseas countries. For the 3
preceding years fare payments rose more rapidly than expenditures abroad due to proportionately greater increases
in travel to more distant areas.
Foreign countries received the same share of American
gravel expenditures in 1957 as in 1956, reflecting a relative
increase in the numbers of Americans traveling on foreign
airlines. In the 5 years preceding 1956, the share of travel
expenditures going to foreign countries had declined with the
rise in air travel, in large part on United States airlines
operating on foreign routes.
About half of the $100-million increase in travel expenditures within foreign countries went to Canada and Mexico,
compared with an average annual rise of $24 million for the
preceding 10 years. The increase in 1957 was in the same
proportion as that in all overseas areas. Last year was the
NOTE.—MRS. SASSCER IS A MEMBER OF THE BALANCE OF PAYMENTS
DIVISION, OFFICE OF BUSINESS ECONOMICS.
first year since 1950 in which the two neighboring countries
shared equally with the overseas countries in the rise in
travel expenditures.
The nearby Caribbean area received an additional $20
million, a somewhat lesser rate of rise than in 1956, but more
than the relative increase in expenditures in Canada, Mexico,
or Europe.
Europe and the Mediterranean received $10 million more
than in 1956. Expenditures in Europe rose more rapidly
from 1947 through 1955. In 1956 and 1957, the rate of
increase lessened.
While travel expenditures in South America and the
Far East continued the upward trend shown over the past 6
years, the rate of increase in 1957 was somewhat less tha-n
in the preceding year.
Travel to Europe rises
European countries received 35 percent of our total
foreign travel expenditures in 1957, compared with 37 percent in 1956. In the first half of 1957, travel to this area
dropped slightly below that in the comparable 1956 period,
reflecting the Suez crisis. However, in the third and fourth
quarters, it increased sufficiently to more than offset the
earlier decline. For 1957 as a whole expenditures were about
2 percent higher than in 1956.
Table 1.—Total Expenditures for Foreign Travel by United States
Residents, 1929, 1937, 1947-57 *
[Millions of dollars]
Fares paid
Foreign expenditures To foreign To United
States
carriers
Year
Total
carriers
1929 .
483
164
41
688
1937
348
95
27
470
1947 .
1948
1949
1950
573
631
700
754
105
145
II
88
114
122
123
716
822
927
1,022
840
929
1,009
132
172
179
183
139
176
198
209
1,028
1,188
1,306
1,401
1,153
1,275
1,372
201
238
256
258
301
322
1,612
1,814
1,950
1951
1952
1953
1954
1955
1956
1957
_
__.
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.
Source: U. S. Department of Commerce, Office of Business Economics, expenditure estimates based on questionnaire returns.
15
SURVEY OF CURRENT BUSINESS
16
Table 2.—-Estimated Expenditures of United
States Residents on
Foreign Travel, 1956-57 l
[Millions of dollars]
1956
Total
Transportation
Foreign flag carriers
United States flag carriers
.
Expenditures abroad _
Canada
Mexico
_ _
Total overseas areas
_
_
_
- - -
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 overseas
Japan
Hong Kong
Philippine Islands
1,814
1,950
539
238
301
578
256
322
1,275
1,372
316
279
340
305
_ __ _
680
727
______
473
82
11
29
85
20
483
82
12
31
83
21
53
14
38
94
21
18
58
15
42
93
21
17
134
26
50
37
11
10
153
28
58
43
13
11
29
44
22
8
6
37
54
26
9
_
_ _
Europe and Mediterranean
United Kingdom
Ireland
Scandinavia
France
Benelux
- __ - - _.
-_
-
1957
. ..
-
- -
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.
Source: U. S. Department of Commerce, Office of Business Economics, expenditure estimates based on questionnaire returns.
Of the 556,000 Americans visiting Europe and the Mediterranean area—7 percent more than in 1956—some 350,000,
or 63 percent, used air transport for the transatlantic trip.
The number of Americans traveling by ship dropped in
1957 to 205,000, slightly less than the number crossing to
Europe by sea in 1953. However, total travel on transatlantic ships in 1957 was only 1 percent less than in 1956,
due to a relatively larger proportion of foreigners crossing by
sea.
Air travel to Europe has more than doubled since
1953.
Americans averaged $1,533 for each European trip,
slightly less than in 1955 and 1956. Of this amount $666
was spent for transportation between the United States and
foreign countries and $867 for travel in Europe.
Travelers by sea averaged $1,679 per trip ($681 for fares
and $998 for other expenditures), slightly less than the
1956 average. Travelers by air spent an average $1,448
per trip in 1957, or $658 for fares and $790 for expenditures
in Europe. The average expenditures of air travelers in
Europe were less than in the previous year by nearly $40,
compared with practically no change in the average expenditures of ship travelers. The decline in average expenditures
of air travelers was due to a shorter stay, partly offset by a
small rise in per diem expenditures.
In air travel, the increases in numbers in the years 1953,
1955, and 1956 also coincided with an increase in average
expenditures. In 1954, the number of air travelers also
rose over the previous year but average expenditures did
not change significantly. In 1957, however, the increase
in air travelers coincided with a decline in average expenditures. Since prices continued to rise and the availability
of goods and services did not drop, it may be concluded
that the additional travelers consisted of a lower spending
group, possibly resulting from the inauguration of shortstay excursions at reduced fares. The decline in average
expenditures for travelers in Europe was the first significant
change in trends during the past 5 years.
Purpose influences choice of accommodations
Two out of every three American-born travelers crossed
to Europe by plane. Foreign-born travelers, however,
used ships to a greater extent, 60 percent of these travelers
using tourist class accommodations. On planes, five times
as many foreign-born Americans used tourist class accommodations as first class. When foreign-born residents traveled on business, however, they preferred to go first class.
Travelers born in the United States used the different
classes of ship accommodation approximately in equal proportion when they took pleasure trips. However, on planes
four times as many pleasure travelers used tourist class
flights as first class. Business travelers born in the United
States preferred to use first class accommodations on ships
and planes, but when they went by air, their preference
was less marked. Persons traveling for family reasons used
tourist class mainly on both ships and planes.
About one-third of pleasure travelers to Europe in 1957
used "all expense" tours, about the same proportion as in
1956,
though a slightly larger number. More person^
taking tours—principally American born—preferred to travel
by plane than by ship. In 1956, they showed a slight preference for travel by ship. As in 1956 they used tourist class
on planes and occupied principally cabin and tourist class
space on ships.
In 1957, foreign-born residents accounted for 36 percent
of all Americans traveling in Europe, compared with 37
percent in 1956. This percentage is slowly declining. In
Table 3.—-Number of United States Travelers to Overseas Countries,
by Means of Departure from the United States, 1956-57 1
[Thousands]
1950
327
912
Sea
Air
__
031
87
544
62f
_. -
93
223
261
99
270
269
42
5
37
51
7
44
45
9
36
58
12
40
39
44
West Indies and Central America, total
Sea
. .
___
Bermuda, total
British West Indies, total
Cuba, total. _ _
_._ South America, total- - -
The differences in the expenditures of travelers by sea
and by air maybe put into a sharper light by examining the
extent to which the rise in the number of travelers from
the previous year has contributed to the rise in expenditures.
In the case of travelers by sea, in years where there was
an increase in the numbers of travelers over the preceding
year, the total expenditures increased more than the number.
Other overseas, total
._
Japan, total -
_ _ _ _ _ _ _
-
Sea
-
-
-- _
Sea
Air
-
-
_ _ _ _ _ _
-
-
-
303
1,066
556
205
351
Sea
Air
Air
1,369
521
220
295
Europe and Mediterrean, total
Air
1957
1,239
Overseas, total
Change in European travel pattern
June 1958
704
7'_k
1. Excludes numbers of travelers on cruises, military personnel and other Government
employees stationed abroad, their dependents and United States citizens residing abroad.
Sources: U. S. Department of Commerce, Office of Business Economics, U. S. Department of Justice, Immigration and Naturalization Service.
June 1958
SURVEY OF CUEKENT BUSINESS
1953, foreign-born travelers accounted for 41 percent of
United States residents traveling in Europe. Nearly twothirds of the foreign-born Americans who went to Europe
made the trip for family reasons or to visit their country of
birth. About 20 percent reported pleasure as the purpose of
their trip and 15 percent went on business or for combined
reasons of business and pleasure. Five times as many United
States born travelers as foreign born went for pleasure but
only a fourth as many went to visit family and friends. Two
and a half times as many travelers on business trips were born
in this country as in foreign countries.
Over half of the Americans crossing to Europe by air
traveled alone while a third of sea travelers went by themselves. Persons traveling with one other person preferred to
go by air, but travelers accompanied by two or more persons
had no apparent preference as to means of transportation.
Foreign-born Americans tended to travel in larger groups
than travelers born here, reflecting the large proportion of
family visits by persons accompanied by children.
Travelers born in America visited an average of four
European countries on each trip in 1957. However, travelers
born abroad visited an average of only two countries in their
travels. Per diem expenditures of these two groups of
American travelers differed significantly, reflecting the
greater number of countries visited by the former group and
the larger proportion of persons staying in hotels rather than
in private homes.
Italy, France, and the United Kingdom again ranked
highest among European countries in dollar receipts from
American travelers, although their share of the total declined.
The United Kingdom received the same amount as in 1956,
an increase in the numbers of travelers offsetting the lower
er capita expenditure. The numbers of Americans visiting
taly and France in 1957 showed a moderate increase over
1956, but this increase was more than offset by a decline in
per capita expenditures which reflected an increase in air
travel to each country at a relatively lower per capita
expenditure.
Travel payments of $58 million to Germany represented a
greater increase dollarwise than in any other European
country. The numbers of visitors rose 9 percent over 1956,
with per capita expenditures remaining about the same.
Switzerland was the only European country where average
per trip expenditures increased. Total expenditures of $42
million reflected this rise, as well as an increase in the total
numbers of travelers to that country.
F
Payments to Canada at new high
17
other than the port of entry into Canada (Customs permit
holders), and local travelers. Customs permit holders
(except for those making repeated trips) averaged about
$19.50 per trip in 1957.
Visitors arriving by plane have the highest average expenditure; their per capita of $123 was about 14 percent
higher than in 1948 in spite of a drop in length of stay. A
portion of this rise may be attributed to the change in the
exchange rate of the Canadian dollar. Average expenditures
of travelers by train and boat have also risen over the past
10 years, but the expenditure of bus travelers has remained
about the same.
Average Travel Expenditures of U. S.
Residents in Europe and in the
Mediterranean Area
Dollars
1,200
SEA AND
AIR TRAVELERS
Sea
1,000
800
J
600
1
I
I
1,200
U. S. AND
FOREIGN BORN TRAVELERS
U. S. Born
-^
___ —
1,000
All Travelers
800
foreign Born
Canada received an alltime record of $340 million in 1957,
600
representing one-fourth of total United States foreign travel
spending. This compares with an annual average of 35
percent in the prewar peak years of 1927-1929.
Approximately 28.5 million United States resident crossJ_
I
I
400
ings into Canada were recorded during 1957, slightly in
1953
1954
1955 1956
1957
1958
excess of the previous high in 1955. These figures include
repeated crossings by persons living near the border as well
58-U-8
U. S. Department of Commerce, Office of Business Economics
as entries by travelers bound for destinations in the interior
of Canada and on extended visits. According to the DominThe principal increase in travel payments to Canada in
ion Bureau of Statistics, about 85 percent of all Americans
1957 resulted from higher expenditures by travelers using
visiting Canada stayed 48 hours or less. They accounted
planes, boats, and buses. The rise reflects an increase
for about a quarter of total expenditures, and made an
in average expenditures rather than in the numbers of travaverage expenditure of about $3. Travelers staying more
elers. Travel by train declined 7 percent during the year,
than 48 hours (nearly 4.5 million) spent about $55 per capita
but this was offset by slight increases in travel by other means
and their expenditures amounted to 76 percent of the total
of transportation.
Canadian receipts.
The choice of transportation by Americans visiting Canada
The most popular means of transportation to Canada^has changed somewhat in the past 10 years. Travel by
the automobile—carried 80 percent of all visitors. This
automobile has increased 29 percent. Plane travel has more
travel falls into two main categories—travelers who remain
than trebled and boat travel showed a rise of 20 percent.
in Canada more than 48 hours or who depart through a port
467401—58
3
SUEVEY OF CUEEENT BUSINESS
18
Train travel in 1957 shows a drop of 40 percent compared
with 1948, while bus travel is about 10 percent lower than a
decade ago.
A special survey made in 1956 by the Dominion Bureau of
Statistics reported that 31 percent of each dollar spent by
automobile travelers holding Customs permits went for food
and beverages, about 24 percent for lodging, and 16 percent
for transportation within Canada. Purchases of handicrafts,
souvenirs, and other merchandise accounted for an additional
20 percent and the remaining 9 percent went for unspecified
expenses.
The breakdown of expenditures was influenced by the purpose of trip. Persons traveling for business spent more
on lodging, food, beverages, and transportation but less
on purchases of merchandise and miscellaneous unspecified
expenses. Those staying only 1 or 2 days in Canada spent
more on transportation and merchandise, but less on food
and lodging. Persons traveling on business reported the
highest per capita expenditure, with those on pleasure
trips making the next highest expenditure, and those visiting
relatives having the lowest expenditure.
Expenditures of $305 million, resulting from 38 million
crossings into Mexico, amounted to 22 percent of our travel
expenditures in foreign countries.
Expenditures in Mexican border towns reflect to a large
extent rising incomes in United States border areas. In
1957 these expenditures accounted for about two-thirds of
our expenditures in Mexico. Traffic to the interior of Mexico
was increased by the expansion in direct air service. A
moderate increase in per capita expenditures of travelers
may be attributed to the price rise of some of the tourist
services, particularly in Mexico City.
Table 4.—-Numbers of United States Residents Traveling in Europe
and the Mediterranean Area, by Means of Transportation 1956
and 1957, by Quarter 1
[Thousands]
Annual
Means of transportation
1956
1957
First
quarter
1956
Second
quarter
1957
1956
Third
quarter
Fourth
quarter
1957
1956
1957
1956
1957
Total travelers
521
556
64
62
161
161
211
236
85
97
U. S. born
Foreign born
326
195
354
202
40
24
37
25
111
50
115
46
125
86
142
94
50
35
60
37
Sea travelers
U S born
Foreign born
226
130
96
205
118
87
21
10
11
17
8
9
79
52
27
66
46
20
93
52
41
89
49
40
33
16
17
33
15
18
Air travelers
U S born
Foreign born
295
196
99
351
236
115
43
30
13
45
29
16
82
59
23
95
69
26
118
73
45
147
93
54
52
34
18
64
45
19
1. Excludes travelers on cruises, military personnel and other Government employees
stationed abroad, their dependents and United States citizens residing abroad.
Sources: U. S. Department of Commerce, Office of Business Economics; U. S. Department of Justice, Immigration and Naturalization Service.
A record $153 million went to the West Indies and Central
America, 15 percent more than in 1956 and a slightly higher
proportion of total foreign travel outlays than in the earlier
year. The rise resulted from an increase in the number of
Americans visiting the Caribbean area and from a larger
average expenditure as the average trip rose from 9 to 10
days. The $153 million of expenditures includes $11 million
spent by cruise travelers on shore excursions. This amount
did not change from the previous year.
Over 75 percent of travelers to the Caribbean area went
Table 5.—Average Travel Expenditures and Length of Stay of United
States Residents Traveling in Europe and the Mediterranean
Area, 1956 and 1957, by Quarter *
Average travel Average length
expenditures
of stay
in area
1956
1957
1956
1957
Average per
diem in area
1956
1957
United States residents:
First quarter
Second quarter
Third quarter.
Fourth quarter
744
965
916
888
711
918
878
855
54
48
59
63
52
46
55
53
13.78
20.10
15.53
14.10
13.67
19.96
15.96
16. 13
Total
905
867
56
52
16.16
16.67
Sea
Air
1,005
829
998
790
71
43
71
40
14.15
19.28
14.06
19.75
.
Native-born residents:
Total
Sea
Air
Foreign-born residents:
Total _ _ _ _ _
Sea
Air
Travel to other nearby areas expands
June 1958
_
._ _.
1,062
1,000
47
44
22.60
22.73
1,226
954
1,202
898
59
40
59
36
20.78
23.85
20.37
24.94
643
633
69
65
9.32
9.74
707
581
722
566
88
51
86
49
8.03
11.39
8.40
11.55
1. Data compiled from questionnaires of United States residents returning from trips to
Europe and the Mediterranean.
Source: U. S. Department of Commerce, Office of Business Economics.
for pleasure. Fourteen percent made the trip for business
or for combined reasons of business and pleasure, while 8
percent made the trip for other purposes, principally family
reasons. One-fourth of the pleasure visitors used all expense
tours. Proportionately more travelers for recreation went
on tours in the third quarter, than in any other quarter.
Eight out of every nine travelers made the trip by plane.
Travel by air to this area has nearly doubled since 1953,
while the use of surface carriers has remained about the same.
Seasonal peaks lowered
Thirty percent of the travel to the West Indies and
Central America took place in the first quarter of the year.
In general, travel to the Caribbean area follows the fluctuations of the tourist season in Florida. Following the growth
in out-of-State travel to Florida in the off-season months in
recent years, the winter peak in travel to the Caribbean has
become less pronounced with travel divided almost equally
in each of the 3 off-season quarters and the winter peak only
20 percent over the low season which falls in the fourth
quarter.
Cuba received the largest share of travel dollars of any
single country in the area, a slightly larger proportion than
in 1956. In 1957, 236,000 Americans making the trip by air
spent $39 million there. In addition, 33,000 travelers by sea
spent $4 million, with shore expenditures by cruise passengers
amounting to $1 million.
Proportionately more Americans travel to Cuba for visits
to family and friends than to any other country in the Caribbean. The 3-percent increase in the numbers of travelers to
Cuba over 1956 was smaller, both portionately and in absolute numbers, than in any year since 1953. Travel elsewhere
in the Caribbean increased by 17 percent.
The $6-million rise in expenditures in Cuba in 1957 to $43
million resulted from a 12-percent rise in average expenditures
to $161. This reflected an increase in the length of stay from
7 to 8 days. This relatively high average stay reflects extended visits of Americans who have relatives in Cuba.
Actually most people visiting Cuba stay there 2 to 4 days.
Americans spent $58 million in the British West Indies—
SURVEY OF CUERENT BUSINESS
June 1958
about 15 percent more than in 1956. This increase resulted
from a proportionate rise in the numbers of travelers, the per
capita expenditure of $209 remaining unchanged. Almost
the entire increase was confined to air travelers, travel by
sea to the area having risen only slightly.
Bermuda received $28 million from United States travelers
who spent an average of $266. The average length of stay
of 12 days for air travelers (85 percent of the total) and 9 days
for sea suggests that Bermuda travel is essentially 2 weeks
vacation travel. Nearly all of those going to Bermuda took
the trip for recreational purposes, and 60 percent traveled
one other person.
Travel to other areas up
Travel to South America continued to expand in 1957, with
the increase mainly confined to air travel. Expenditures in
South America, more than half of which are made in Brazil
and Venezuela, increased at about the same rate as the numbers of travelers. The reduction in air fares in recent years
has tended to stimulate travel there.
Expenditures of travelers in other areas, principally the
Far East, have nearly trebled since 1953, reflecting visits to
Armed Forces personnel stationed in Japan and increased
transportation facilities. Travelers to the Far East use air
transportation 80 percent of the time, and they remain in the
area over 2 months on the average, compared with an average
stay in Europe of 52 days. Nearly 45 percent of travelers
to the Far East made the trip for pleasure and 32 percent
went for business or a combination of business and pleasure
19
purposes. Persons on family visits accounted for 22 percent
of total travelers to that area, compared with 29 percent
to Europe.
FOREIGN TRAVEL IN THE UNITED STATES
Expenditures by foreign travelers in the United States rose
10 percent in 1957 to a new high of $785 million. This is
over half as much as Americans spent abroad. In addition,
residents of foreign countries paid $84 million to United States
carriers for transportation between the United States and
foreign countries.
Canadian travelers spent $419 million in 1957 and accounted for 55 percent of total expenditures here. Receipts
from Canada on account of travel exceeded payments by
$79 million. For 7 consecutive years, Canadians have spent
more for travel here than our residents did in Canada.
During 1957, Canadians made over 27 million crossings
into the United States—slightly more than in 1956. Increases in the first half of the year were partly offset by a
drop of 6 percent in the fourth quarter as compared with the
same period in 1956.
Travel by Canadians to the United States is seasonal with
more than one-third of Canadian expenditures made in the
Table 7.—Numbers and Expenditures of United States-born and
Foreign-born United States Residents Traveling in Europe and
the Mediterranean Area Selected Countries, 1956—57 1
Number of travelers
(thousands)
Total expenditures
(millions of dollars)
Average expenditures
(dollars)
U. S. Foreign Total U.S. Foreign Total U.S. Foreign Total
born born
born born
born born
Table 6.—Numbers of United States Residents Traveling in Europe
and the Mediterranean Area, by Purpose of Trip and Means of
Transportation, 1957 1
[Thousands]
Total
Means of transportation
Total travelers
Pleasure Business
2
Family Other
264
112
162
18
62
161
236
97
16
83
123
42
23
35
28
26
20
38
77
27
3
5
8
2
U S born travelers
Foreign born travelers
354
202
224
40
83
29
33
129
14
4
Sea travelers
U. S. born
Foreign born
205
118
87
100
82
18
24
17
7
72
12
60
9
7
2
___
50
40
10
31
27
4
14
11
3
4
1
3
1
1
__
57
35
22
32
26
6
6
4
2
17
4
13
2
1
1
_ _
98
43
55
37
29
8
4
2
2
51
7
44
6
5
1
351
236
115
164
142
22
88
66
22
90
21
69
9
7
2
First class
U. S. born
Foreign born
91
72
19
34
30
4
50
39
11
6
2
4
1
1
Tourist class
U. S. bora
Foreign born
260
164
96
130
112
18
38
27
11
84
19
65
_
__
__
First class
U. S born
Foreign born__ ___
.- _
Cabin class 4
U S born
Foreign born
Tourist class 8
U. S. born
Foreign born
Air travelers __
U. S.born
Foreign born
_
_
... _ - -
- -
(3)
(3)
g
6
2
1. Excludes cruise travelers and Government or business travelers stationed in Europe.
2. Includes travelers who stated visit was made for combined reasons of business and pleasure.
3. Less than 500.
4. Includes travelers using first class accommodations costing less than $325.
5. Includes travelers using freighter, combination type or tourist class accommodation.
Source: U. S. Department of Commerce, Office of Business Economics, assisted by Bureau
of Foreign Commerce, International Travel Division, based on questionnaires of returning
travelers.
354
326
202
195
556
521
355
348
128
125
483
473
1,000
1,062
633
643
866
905
118
130
87
96
205
226
143
161
63
68
206
229
1, 202
1,226
722
707
998
1,005
236
196
115
99
351
295
212
187
65
57
277
244
898
954
566
581
789
829
229
209
65
70
294
279
64
64
18
18
82
82
279
304
278
266
279
295
Ireland:
1957
1956
39
35
16
16
55
51
6
6
6
5
12
11
141
156
348
344
201
214
Scandinavia:
1957 _1956
71
60
30
25
101
85
21
19
10
10
31
29
298
324
344
383
311
342
257
236
64
64
321
300
68
69
15
16
83
85
265
292
213
248
255
283
Benelux:
1957
1956
144
124
31
29
175
153
16
15
5
5
21
20
119
121
150
156
125
128
Germany:
1957
1956 ._
170
156
67
61
237
217
35
33
23
20
58
53
204
212
345
326
244
244
80
77
24
22
104
99
11
10
4
4
15
14
128
138
171
182
138
147
Switzerland:
1957
1956
178
161
42
43
220
204
33
29
9
9
42
38
194
176
218
207
199
183
Italy:
1957
1956
203
197
65
62
268
259
66
69
27
25
93
94
320
347
410
406
342
361
Spain:
1957
1956
65
62
12
11
77
73
18
18
3
3
21
21
264
276
243
257
260
273
-
Sea: 1957
1956
Air: 1957
1956
556
First quarter
Second quarter
Third quarter
Fourth quarter
Europe and Mediterranean:
1957
1956 _
United Kingdom:
1957
1956
France:
1957
1956
Austria:
1957
1956
__.
1. 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.
Sources: U. S. Department of Commerce, Office of Business Economics, expenditure
estimates based on questionnaire returns, numbers of travelers in area based on data of
U. S. Department of Justice, Immigration and Naturalization Service.
SURVEY OF CURRENT BUSINESS
20
Table 8.—Number and Expenditures of United States Travelers to
Canada, 1948 and 1955-57
Expenditures
(millions of dollars)
Number of persons
(thousands)
Type of transportation
1955
1948
1956
19571
Long-term traffic:
Automobile (persons staying over 2 days)
Rail
Bus
Plane
Boat
Total
Grand total
.
__ .
1956
1955
19571
na
455
39
na
56
49
(2)
(2)
na
(2)
na
23
23
19
na
21,366 23,904 23,259 24,000
62
72
75
80
101
56
20
12
16
119
42
22
38
13
120
45
23
37
16
na
46
28
42
19
2,306
589
369
111
335
3,006
447
279
278
369
3,012
402
289
304
400
na
376
329
342
426
3,710
4,379
4,407
4,500
205
234
241
260
25, 076 28,283 27, 666 28,500
267
306
316
340
1. Preliminary.
2. Less than $500,000.
na Not available.
Source: Dominion Bureau of Statistics, International Trade Division. Averages for rail,
bus, plane, and boat travelers compiled by U. S. Department of Commerce, Office of Business
Economics.
Table 9.-—Number and Expenditures of Residents of Foreign
Countries Traveling in the United States, 1956—57 l
Number of visitors
Expenditures
(millions of dollars)
(thousands)
1957
1956
1957
na
na
705
785
na
390
123
419
135
231
Visitors from all foreign countries _ _ __
Canada
Mexico
__
Total overseas countries
Europe and Mediterranean
__
West Indies, Central America, and South
America
_
_
Other overseas countries
_
_
na
1956
360
450
192
150
208
68
87
175
35
197
45
96
28
107
37
1. 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.
2. See table 10.
na Not available.
Sources: U. S. Department of Commerce, Office of Business Economics; U. S. Department
of Justice, Immigration and Naturalization Service; values based on questionnaire returns.
Table 10.—Number and Expenditures of Canadian Travelers in the
United States, 1948 and 1955-57
Number of persons
(thousands)
Type of transportation
1948
1955
1956
Short-term traffic:
Motorists:
24 hours or less. _ _ _ _
4,673 14, 432 16, 334
Over 24 hours and under
48 hours
_
197
936
870
Rail, intransit _ _ _ _ _ _
9
6
6
Other travelers (pedestrians,
local bus, etc.)
7,197 5,329 5,590
Total
Long-term traffic:
Motorists— 48 hours
over
Rail
Through bus
Plane
Boat
Total
Grand total
and
_
Expenditures
(millions of dollars)
19571
1948
1955
1956
19571
na
6
24
28
na
na
6
2
12
10
na
na
16
14
16
16
12, 076 20,703 22,800
na
24
50
54
na
410
468
443
71
98
2,747
474
465
254
110
2,958
480
436
300
102
na
439
454
333
96
17
36
26
7
3
144
66
46
53
5
159
64
42
66
5
na
68
42
70
5
1,490
4,050
4,276
na
89
314
336
na
13,566 24,753 27, 076 27, 209
113
364
390
419
na Not available.
1. Preliminary.
Source: Dominion Bureau of Statistics, International Trade Division.
summer quarter. This peak is much less pronounced than
in the case of travel from here to Canada. Travel spending
in the first quarter accounts for nearly a fifth of annual expenditures by Canadians, reflecting a relatively high per
capita expenditure in the winter season.
Auto travel predominates
Short-term traffic:
Automobile (persons staying up to 2 days)
._ 15, 091 17, 826 19, 377
Intransit by rail, bus, and
541
plane
_ _ _.
564
836
Other travelers (pedestrians,
local bus, etc.)
5,439 5,514 3,341
Total
1948
June 1958
Automobile travel by Canadians accounted for an increasing proportion of travel to the United States—over 75 percent in 1957. About 60 percent of Canadian visitors remain
in the United States for 24 hours or less, and account for^
about 7 percent of total expenditures here. Average ex*
penditures of these short-term visitors is less than $2 per
visit compared with $45 for motorists on longer visits.
Less than 5 percent of Canadians visiting the United
States travel by train, plane, boat, and long distance bus.
The remaining 20 percent, including mainly pedestrians and
travelers on local buses, accounted for 4 percent of the total
spent in the United States.
The average expenditure of Canadians remaining in the
United States 48 hours or longer is about $80 per trip. According to a survey made by the Dominion Bureau of Statistics in 1956, the highest per capita expenditure (about
$275) was made by Canadians traveling for educational pur^ses and remaining in the United States about 38 days,
usiness travelers spent about $190 on trips of 26 days and
made the highest per diem expenditure of any group of
travelers. Canadians on pleasure trips averaging 11 days
spent $150 per trip. The lowest daily expenditure of $7
was made by persons visiting relatives or friends.
Nearly 24 percent of Canadian visitors to the United
States in the first 3 months of 1956 went to Florida. In the
third quarter only 4 percent visited Florida, the aggregate
for the year being 9 percent. The greatest number of Cana-%
dian visitors—over 28 percent of the total—went to New
York. The State of Washington attracted 11 percent, Michigan 9 percent, and California and Massachusetts each
slightly over 5 percent.
g
Visitors from other countries
Mexican residents spent $135 million in the United States
in 1957, or $170 million less than Americans spent in Mexico.
Border expenditures—85 percent of Mexican travel spending
here—reflect changes in population, employment, and general economic conditions and are therefore subject to somewhat different influences than other types of travel expenditures.
Expenditures by Mexican visitors to the interior of the
United States, although small in total, have risen steadily
over the past 10 years, reflecting increased numbers of
travelers and higher per capita expenditures.
Travel expenditures by European visitors rose 28 percent
in 1957 to $87 million. The rise may be attributed to an
even greater proportionate increase in the numbers of travelers, particularly travelers in transit through the United^
States with a relatively short stay. Per trip expenditures of
travelers declined during 1957, reflecting the relatively low
expenditure of these transit travelers.
Residents of the West Indies, Central America, and South
America accounted for nearly half of the expenditures in this
country by overseas visitors. The 10-percent increase in expenditures over 1956 resulted principally from a rise in the
numbers of travelers, with a slight increase in average
expenditures.
Receipts from residents of other countries, principally in
the Far East, account for a small proportion of foreign spending here. However, these receipts have increased steadily
over the past 10 years.
BUSINESS STATISTICS
THE! iSTATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial StatisticalSupplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
^figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1957 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Data from private sources are provided
[Averages for the year 1957 are provided in the May 1958 issue of the SURVEY]
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
1958
1957
May
April
June
July
Novem- DecemAugust SeptemOctober
ber
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total. _
bil. of dol
358 5
362 6
356.1
do
do
do
do
do. __
do
254.0
238 6
199 1
257.0
241 3
200.9
255.3
239 5
199 1
250 5
235 1
194 5
29.7
15 4
30.6
15.7
30.8
15 8
31.2
15.4
Proprietors' and rental income, totalcf
do
Business and professional^ _ _
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
51 2
28.7
12 1
10.4
51.7
29.1
12 2
10.4
51
28
12
10
3
6
2
4
51.0
27.9
12 8
10.3
40.7
42 0
21 4
20.5
—1.3
40.9
41 8
21.3
20.4
36
37
19
18
—1
3
5
1
3
2
— 5
do
12 7
13.0
13 3
13 4
Compensation of employees, total
Wages and salaries, total
Private
Military
Government civilian
Supplements to wages and salaries
Net interest
Gross national product, total
9.8
9.7
9.4
9.5
—.9
do
435 5
440 0
432 6
422 0
Personal consumption expenditures total
Durable goods.
__
Nondurable goods
Services
do
do
do
do
278 9
35.0
139 1
104.9
283 6
35,0
142 5
106.1
282
34
140
107
4
4
8
2
281 2
31 5
141 5
108 2
Gross private domestic investment, total
New construction
Producers' durable equipment
Change in business inventories.. _
do
do
do
do
66.2
32 7
30.5
66 5
33 0
30.5
61 3
34 0
30 0
—2.7
51.8
33 3
27 5
-9.0
Personal income, total __
Less: Personal tax and nontax payments
Equals: Disposable personal income
Personal saving §
do
do
. d o ..
_
3.0
2.9
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
do
3.5
3.2
2 0
15
86 9
51.1
46.3
35.8
86 7
50.6
45.8
36.1
87 0
49 7
45 0
37.3
87 5
49.5
44 8
38.0
343.2
42 9
300.4
346.9
43.8
303.3
345 5
43 4
302 1
342.5
42 4
300.1
21.4
19 7
19 8
18 9
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income._
Wage and salary disbursements, total
Commodity-producing industries.—
Distributive industries
Service industries
Government
_bil. of dol__
do
do
do
do
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..
Total nonagricultural Income
.do
341.1
343.2
345.1
346.3
347.3
347.2
346.8
346.2
237.1
102.4
62 7
32.9
39 1
238.3
102.4
63.4
33.0
39 5
240.1
103.3
63.8
33.2
39 8
240.9
103.0
64 5
33.4
40 0
241. 7
102.8
64 7
33.7
40 5
241. 5
102.2
64 8
33.9
40 6
240.1
101.3
64 3
34.0
40 5
239.5
100.9
64 2
34.1
40 3
78
51.1
31.0
20 8
78
51.1
31.2
21.6
7 9
51.2
31.2
21 5
7 9
51.7
31.4
21 3
80
51.7
31.6
21 2
80
51.7
31.6
21 2
80
51.7
31.7
22 1
6.7
6.8
6.8
6.9
6.9
6.8
6.8
325.3
327.5
329.3
330.5
331.3
331.3
331.0
343.6
341.7
342.2
r 343. 1
344.3
238.8
99.8
64 4
34 2
40 4
237.0
97.6
64 8
34 2
40 4
234.4
95.3
64 3
34 3
40 5
233.8
95.1
63 7
34 3
40 7
' 233. 2
94.7
63 4
••34 3
40 8
233.9
95.1
63 5
34 4
40 9
80
51.2
31 7
22 6
80
50.9
29 7
23 0
7 9
50.5
31 7
23 3
7 g
51.0
31 8
23 5
7 7
51.3
31 7
24 4
77
••51.4
31 8
7 7
51.6
31 8
26 1
6.8
6.8
6.8
6.8
6.7
6.7
6.8
330.3
327.6
327.6
325.2
325.4
' 326. 0
327.1
343.6
r 25 7
r
Revised.
cf Includes inventory valuation adjustment.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
S-l
SURVEY OF CUEEENT BUSINESS
S-2
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
May
June
July
1958
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries
-
9,590
9,357
9,733
'7.325 i ' 8,262
do
do
- do_ _
4,183
2,120
2,063
4,010
1,995
2,015
4,261
2,148
2,113
' 2, 898
- - -- do___
do
do
do
do
327
362
478
1,510
2,730
314
358
447
1,720
2,508
mil. of doL.
Manufacturing
Durable-goods industries
Nondurable-goods industries
_
Mining
Railroads
Transportation other than rail
Public utilities
Commercial and other
Seasonally adjusted quarterly totals at annual rates:
All industries
bil. ofdoL.
Manufacturing
Durable-goods industries
Nondurable-goods industries
-
2 7, 700
r 1, 441
r 1, 457
' 3, 235
' 1. 533
' 1, 702
2,987
1,409
1,578
302
334
488
1,760
2,588
••225
'256
'398
'1,227
' 2, 321
'254
'224
'386
'1,768
' 2, 395
231
149
330
1,768
2,235
2 30. 31
37.03
37.75
36.23
'32.41 i ' 31.36
do_ .
do
__ do_
16.25
8 31
7 94
16.37
8.23
8.14
15.27
7 57
7.70
'13.20
'6.58
'6.62
' 12. 18
'5.78
'6.40
11.68
5.52
6.16
do_ do__do
do
do
1 28
1.35
1 82
5.93
10 40
1.24
1.54
1 81
6.64
10.15
1.15
1.26
1.91
6.43
10.21
'1.00
'1.02
'1.69
'5.87
'$.63
'.98
'.78
'1.47
'6.44
'9.51
.94
.62
1.33
6.32
9.42
M]ining
-Railroads
Transportation other than rail
Public utilities '
Commercial and other
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 and CCC
loans, unadjusted:
\llcommodities
-1947-49-100
Crops
do
"Livestock gj^d products
do
Indexes of volume of farm marketings, unadjusted:
\11 commodities
1947-49=100
Crops
--- do
Livestock arid products
_ do
1,950
2,057
2,317
2,610
2,715
2,954
3,610
3,267
2,981
2.753
2,175
2,133
1,928
557
1,371
393
711
231
2,036
566
1,470
433
759
232
2,070
747
1,323
415
654
220
2,441
1,018
1,423
394
776
230
2,579
1,103
1,476
381
824
253
2,847
1, 364
1,483
365
831
267
3,510
1,804
1,706
375
1,003
306
3,205
1,687
1,518
363
826
312
2,933
1,473
1,460
377
751
307
2,708
1,171
1,537
377
886
246
2,144
799
1,345
355
738
223
2,108
630
1,478
406
762
276
79
52
101
84
53
108
85
69
97
100
95
104
106
103
108
117
127
109
144
168
125
131
157
111
120
137
107
111
109
113
88
74
99
86
59
109
90
46
123
96
49
132
97
70
118
111
97
122
116
106
124
130
135
126
167
190
149
151
178
130
131
149
117
126
130
122
97
85
105
87
52
114
INDUSTRIAL PRODUCTION d"
Federal Reserve Index of Physical Volume
145
143
145
135
145
146
146
141
134
132
131
'29
127
v 127
do
do
do
do- -_
do
146
163
140
147
175
144
159
135
142
172
146
162
136
140
167
137
151
118
128
157
147
160
128
134
160
148
160
128
134
153
148
159
129
134
156
144
156
121
126
159
135
147
106
107
161
134
143
102
99
160
133
139
98
93
155
'131
••138
95
91
147
129
' 133
89
'82
144
^128
^133
P93
»91
Metal fabricating (incl. ordnance) _
Fabricated metal products
Machinery - -Nonelectrical machinery
Electrical machinery
do
do
do
do
do
179
140
169
157
194
174
136
166
154
189
176
139
168
153
197
167
134
158
146
183
174
141
167
143
213
174
145
173
149
220
173
142
170
145
220
174
139
165
140
215
166
133
157
138
194
161
127
153
133
192
156
124
148
131
181
154
••122
M45
'131
173
148
118
140
127
164
Transportation equipment 9
-Autos
Trucks
Aircraft and parts
Instruments and related products
Furniture and fixtures
Lumber and products.- __
Stone, clay, and glass products
_
Miscellaneous manufactures
do
do
do
do
do
do
do
do
do
223
155
120
633
174
117
117
155
137
214
144
113
614
171
115
118
158
137
217
156
119
615
171
118
131
159
139
205
134
103
609
168
116
105
150
131
209
148
103
606
172
124
125
163
144
194
84
85
597
174
126
121
162
150
198
88
93
592
172
125
119
161
148
213
171
100
569
172
121
106
152
143
203
151
95
571
170
120
92
145
134
196
132
91
570
166
113
100
136
125
191
122
92
562
163
112
105
130
126
' 188
106
94
565
102
111
100
131
127
'181
P183
P99
89
'90
p90
P 502
'561
160
v 159
' 107
v 107
107
' 134 ~ ~ " V l 3 9 ~
124
* 124
do
do
do
do
do
do
._ do
129
104
102
123
98
111
103
129
108
104
124
99
120
108
130
116
111
120
102
138
123
122
116
114
116
104
122
105
134
122
123
118
103
120
102
135
128
131
130
102
118
108
137
125
126
140
101
121
117
131
113
116
133
101
105
100
123
107
109
131
101
99
89
125
103
106
134
98
93
88
126
103
103
121
98
102
99
-125
-104
102
120
'98
112
106
' 12f,
107
104
123
97
104
102
103
78
114
106
161
159
113
100
107
81
112
98
158
157
121
99
104
87
110
105
161
155
102
86
86
67
96
92
139
132
120
101
105
82
116
112
165
157
118
101
107
79
109
105
163
153
119
103
106
71
112
104
170
163
110
98
107
65
107
99
163
156
87
89
97
55
96
94
140
137
112
93
102
55
106
101
153
151
112
95
'103
61
113
108
158
156
112
94
103
64
' 109
107
155
153
Unadjusted combined index
_
_
Manufactures
Durable manufactures
Primary metals 9
Steel
Primary nonferrous metals
1947-49=100
-
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
_ _
do
do
do___
do
do
do
do
do
P
P
p
»
v
147
118
130
123
160
P 124
93
95
67
108
156
144
142
146
136
141
145
134
143
142
140
136
137
140
p 139
Printing and publishing
do
181
179
190
187
183
185
174
184
184
181
'179
183
Chemicals and allied products
_ _ do
180
205
208
203
200
206
200
198
195
206
197
194
187
Industrial chemicals
do
144
144
139
136
139
139
138
134
139
137
130
'125
' 122
P125
Petroleum and coal products
do_
145
152
152
147
147
153
146
144
'137
145
148
148
134
Petroleum refining
_ __
-do- _ _
135
139
132
145
135
114
112
135
133
123
118
120
115
Rubber products
do
2
1
r
Estimates for July- Septembtir based on anticip ited capit al expenRevised.
v Preliminary. * Estimates for Apr 1-June bf ised on ariticipated capital e tpenditur es of busi ness.
ditures of business. Anticipated expenditures for the y ear 1958, and comp arative d£ita for 1955-57, app(iar on p. 3 of this is sue of the SURVEY.
9 Includes data not shown separately.
^Revised annual data for 1951-56 (monthly, January 1954-Ma^y 1956) for farm income and nlarketings appear o n p. 23 of the Novelnber 1957 SURVEY ; those for the index es of cash receipts
and volume of marketings will be shown later,
cf Re visions for 1956 for the seasonally adjusted inde^ces of indiistrial pro duction aiid consunaer durab es outpui appear on pp. 494 and 495 of the Apri 1 1958 FE 5ERA.L RE SERVE B ULLETIN.
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-3
1958
1957
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume— Con.
Unadjusted index— Continued
M inerals
1947-49 = 100
Coal _
do
Crude oil and natural gas
do
Metal mining _
__
do
Stone and earth minerals
do
131
83
155
111
137
132
82
153
135
145
131
88
145
151
148
123
65
145
137
149
130
86
145
139
155
130
86
147
137
153
129
87
146
124
152
123
80
144
92
143
122
74
149
82
138
121
73
148
83
130
118
70
145
85
121
111
••67
135
'79
129
109
'60
132
81
136
v 111
*61
p 132
Seasonally adjusted, combined index
do ._
144
144
145
145
145
144
142
139
135
133
130
128
126
P127
___do _._
do
._ do
145
1GO
134
145
160
132
147
163
132
147
162
134
147
163
136
146
160
143
15G
128
141
154
121
137
146
107
135
142
100
131
137
95
'129
135
91
128
'132
86
P129
P134
P91
__ do
do
do
do _ _ _
do
176
138
167
152
196
176
138
168
152
199
179
139
171
179
141
1 q
207
152
215
178
140
172
151
215
176
139
170
150
209
172
137
164
148
197
170
141
163
143
203
163
135
156
137
194
159
129
151
130
192
153
124
144
127
177
150
'122
141
'126
170
'146
'118
'138
'123
'166
P148
P118
*138
P122
P168
Transportation c^ui "inent
do
Autos, trucks, and parts
„ _ _ .do _.
Instruments and related products
do
Furniture and
fixtures
do
Lumber and products
do
Stone, clay, and glass products
_ do
Miscellaneous manufactures
do___
216
124
172
120
115
155
141
216
127
173
120
117
157
141
220
132
173
121
125
156
142
216
128
173
122
113
155
141
216
131
174
123
116
159
143
212
129
173
122
112
159
143
208
126
170
120
109
155
140
203
125
170
118
107
151
136
194
113
168
116
103
148
131
191
107
166
114
110
142
129
185
99
163
111
108
134
126
'182
'93
160
111
109
133
128
177
86
158
'109
105
'134
128
p 183
P92
*160
pill
do_ _ _
do
do
do
do
do
do
130
112
112
109
109
100
112
131
112
112
112
110
100
113
131
114
113
116
112
100
113
131
113
114
109
114
101
113
132
113
112
113
111
101
112
131
113
112
113
114
101
112
130
112
111
112
110
98
110
128
110
110
110
107
95
107
127
114
113
118
106
91
104
127
114
113
116
112
92
103
125
114
112
118
112
91
103
124
'113
112
117
117
91
'99
'125
114
115
p 125
do
do
do
do
do
do
do
105
156
140
182
202
142
132
104
158
141
185
204
142
134
106
159
141
184
204
139
135
105
156
140
185
205
142
136
106
163
141
186
206
143
141
104
161
142
185
207
141
138
103
161
142
185
206
139
135
103
162
141
184
201
135
131
100
152
142
181
196
137
117
100
155
140
182
195
131
116
98
153
139
178
190
129
114
98
149
138
'176
183
'127
116
131
87
151
121
140
130
83
153
114
142
127
86
146
121
142
128
84
148
122
143
129
84
149
121
146
129
82
151
115
144
127
80
150
107
143
123
77
145
100
140
123
71
146
110
141
122
69
145
110
144
119
70
142
106
133
'112
70
131
102
138
Manufactures..
Durable manufactures
Primary metals _
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery
Electrical machinery
Nondurable manufactures
Food and beverage manufactures
Food manufactures
Beverages
Tobacco manufactures
Textile-mill products
Apparel and allied products
Leather and products
Paper and allied products
Printing and publishing
Chemicals and allied products
Industrial chemicals
Petroleum and coal products
Rubber products
Minerals
do _ _
Coal
do
Crude oil and natural gas
_ do _ _
Mietal mining
do
Stone and earth minerals
do
CONSUMER DURABLES OUTPUT d"
Unadjusted, total output.
1947-49=100,Major consumer durables
Autos
M^ajor household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables
Seasonally adjusted, total output..
7
*138
P128
91
106
151
137
178
'126
112
*138
P128
*>110
109
62
130
*62
*132
130
124
131
116
132
119
119
141
124
117
116
'111
'101
"102
do
_ _ - do __
do
do
do
do
do _ _ .
140
155
128
113
131
159
107
131
144
122
108
125
153
106
140
156
129
110
131
180
108
121
134
110
105
105
143
106
139
148
133
116
109
256
116
118
84
150
119
141
268
121
119
88
148
118
133
282
120
153
171
138
115
121
259
114
132
151
118
114
102
176
106
123
132
117
108
103
187
102
120
122
121
108
121
159
105
114
106
'122
108
131
139
105
'101
89
112
103
»102
»99
125
'102
*102
do
123
126
134
132
135
134
129
128
119
113
110
'104
'98
P103
129
136
123
114
118
167
110
134
144
127
113
121
187
109
144
157
134
114
124
226
110
141
147
138
116
124
245
111
145
154
139
115
127
247
112
142
150
137
114
129
232
114
137
143
134
111
129
212
112
136
142
134
112
132
203
110
125
127
124
112
115
188
107
117
117
118
110
106
181
105
111
107
116
106
115
151
107
103
92
'114
106
115
133
108
'95
81
108
103
»103
P96
131
'105
Major consumer durables
do
Autos
do _ _ _
M^ajor household goods
do
Furniture and floor coverings
do
Appliances and heaters
do
Radio and television sets
do
Other consumer durables
do _.
BUSINESS SALES AND INVENTORIES?*
Manufacturing and trade sales (seas, adj.), total
bil of dol
56 4
56 8
56 4
57 4
57 0
56 3
55 7
54 7
54 5
53 8
52.1
'51 3
52 0
Manufacturing total
Durable-goods industries
Nondurable-goods industries
do
do
do
28.7
14.3
14.4
28.6
14.3
14.3
28.1
14.2
13.9
29.0
14.6
14.5
28.6
14.3
14.3
28.2
14 1
14.1
28.1
13.9
14.1
27.2
13.5
13.7
26.7
13.1
13.6
26.4
12.6
13.7
'25.5
12.0
13.5
'24.9
11.7
'13.3
24.8
11.5
13.3
Wholesale trade total
Durable-goods establishments
Nondurable-goods establishments
do
do
do
11.3
4.2
7.1
11.5
4.3
7.2
11.4
4 3
7.1
11.4
4.3
7.1
11.4
4.2
7.2
11 2
4 1
7. 1
11.0
3.9
7.0
10.9
3.9
7.0
10.9
3.8
7.1
10.7
3.8
6.9
10.5
3.6
6.9
10.3
3.6
6.8
10.7
3.7
7.0
Retail trade total
Durable-goods stores
Nondurable-goods stores
do
do
do
16.4
5.6
10.7
16.6
5.8
10.9
16.8
5.8
11.0
17.0
5.8
11.2
17.0
5.7
11.3
16 9
5.7
11.2
16.7
5.6
11.1
16.6
5.6
11.0
16.9
5.6
11.3
16.7
5.5
11.2
16.1
5.1
11.0
16.1
5.0
11.1
16.5
5.2
11.3
Manufacturing and trade inventories, book value, end
of month (seas ad j ) total
bil of dol
90.1
90.6
90,7
91.0
91.3
91 3
91 1
91.0
90.7
90.0
89.3
88.5
87.7
Manufacturing, total
Durable-goods industries
Nondurable-goods industries
do
do
do
53.7
31.5
22.2
53.9
31.6
22.3
53.9
31.4
22.4
54.1
31.7
22.4
54.2
31.7
22.5
54.2
31.8
22.3
54.1
31.8
22.3
53.9
31.5
22.4
53.5
31.1
22.4
52.9
30.6
22.3
••52.4
30.3
22.2
'52.0
29.9
'22.1
51.5
29.4
22.1
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments
do
do
do
12.8
6.5
6.3
12.7
6.5
6.2
12.7
6.6
6.1
12.7
6.7
6.0
12.8
6.7
6.1
12.8
6 7
6.1
12.8
6.7
6.1
12.8
6.7
6.1
12.7
6.6
6.1
12.6
6.6
6.0
12.5
6.5
6.0
12.4
6.4
6.0
12.2
6.3
5.9
"105
24.1
24.1
23.9
24.3
23.9
24.3
24.4
24.2
24.5
24.1
23.7
24.5
24.3
Retail trade, total
do
11.0
11.2
10.7
10.8
10.8
11.2
11.4
10.6
11.3
10.8
11.1
10.9
11.0
Durable-goods stores
do
13.2
13.2
13.3
13.2
13.3
13.2
13.3
13.1
13.1
13.1
13.1
13.1
13.1
Nondurable-poods stores
do _.
' Revised.
v Preliminary.
cf See corresponding note on p. S-2.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on p. S-4; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
tData beginning January 1948 for wholesale trade (not published in the 1957 edition of BUSINESS STATISTICS) are available as follows: For 1948-50, upon request; for 1951-56, on p. 32 of the
August 1957 SURVEY.
SUEVEY OF CURRENT BUSINESS
S-4
June 1958
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Nondurable-goods industries, total
Food and beverage
-Tobacco
Textile
...
Paper
Chemical
__
Petroleum and coal
Rubber
Other nondurable-goods industries
29,116
14, 833
2,425
1,585
4,425
28, 278
14, 590
2,484
1,552
4,459
27, 196
13, 336
2.068
1,491
3,970
29, 063
14, 231
2,262
1,632
4,134
28, 171
13, 664
2,200
1,631
4 293
29, 532
14, 386
2,336
1,688
4,406
27, 270
13, 577
2, 102
1,433
4,011
26, 347
13, 152
1,954
1,336
4,131
25, 858
12, 313
1,948
1,329
3,693
3,489
995
728
1,078
3,496
975
799
1,128
3,187
1,027
763
1,118
3,193
868
721
1,025
3 256
1,031
793
1,123
2,750
995
695
1,100
3,003
1,026
761
1,166
3,463
854
659
1,055
3,495
769
556
911
3,066
814
545
918
2 807
745
490
890
' 2, 768
'786
••568
do
do
do
do _
do
do _
do
do
do
14, 242
4,196
347
1,030
928
2,005
2,907
500
2,329
14, 283
4,394
387
1,031
916
2,100
2,900
486
2,069
13, 688
4,291
382
1,022
886
1,886
2 780
481
1,960
13, 860
4,362
398
939
833
1,848
2 931
509
2,040
14 832
4 499
386
1 137
952
1 988
2 920
519
2 431
14 507
4 493
374
1,104
932
2,013
2 719
462
2,410
15, 146
4,660
377
1,214
981
2,086
2 866
524
2,438
13 693
4 258
358
1 085
871
1 856
2 744
414
2, 107
13, 195
4,176
380
954
809
1,726
2,893
414
1,843
13 545
4,167
357
994
904
1,888
2 913
444
1,878
12 935
4 056
318
995
842
1 712
2 676
*384
1 952
' 13 619
' 4, 312
'356
r
1,015
'912
' 1 882
r 2 649
412
r
2, 081
13, 179
4,243
359
974
879
1,936
2 457
do
do
do
do
do
motor
ofdoL.
do
do
do
28, 679
14, 254
2,357
1,625
4,242
28, 617
14,296
2,263
1,562
4,354
28, 142
14, 207
2 289
1,492
4,259
29, 030
14, 573
2 447
1,605
4,447
28 638
14 297
2 362
l' 520
4 281
28 215
14, 132
2 182
1,547
4,314
28, 064
13, 932
2 224
1,535
4,265
27 221
13 548
2 156
l'429
4, 175
26, 690
13, 092
2 073
1,431
3,954
26 350
12 646
1 952
1 402
3,847
25 542
12 038
1 733
1 354
3 726
r
r
3,240
989
707
1,094
3,276
978
747
1,116
3,241
1,076
741
1,109
3,251
957
736
1,130
3 448
'925
708
1 053
3,407
940
668
1,074
3,297
930
650
1,031
3,255
850
659
1,024
3,147
851
654
982
3 001
846
634
964
2 876
799
583
967
do
_ _ d o __
do
do
do
-do _
do
do
do
14, 425
4,322
358
1,073
919
1,894
3,028
490
2,341
14, 321
4,340
352
1,079
907
1,996
2, 959
481
2,207
13, 935
4,183
382
1,063
877
1,894
2,780
458
2,298
14, 457
4,323
375
1,089
896
2,008
2.991
514
2,261
14, 341
4,357
354
1,072
915
2,008
2,920
514
2,201
14, 083
4,278
378
1,040
932
1,951
2 803
481
2,220
14, 132
4,331
356
1,029
917
2,002
2,895
490
2,112
13 673
4 257
351
1 025
862
1 941
2 717
431
2,089
13, 598
4,337
392
999
861
1,890
2,654
427
2,038
53, 827
31, 778
3,962
3,286
10, 662
53, 985
31, 873
4,053
3,272
10, 811
54, 043
31, 749
4,043
3,292
10, 760
53, 762
31, 450
4,173
3,240
10. 584
53, 576
31, 225
4,314
3,151
10, 481
53, 581
31, 306
4,401
3,061
10, 475
53, 734
31, 487
4,488
3,017
10, 390
53, 746
31,306
4, 443
3,002
10, 415
8,124
1,922
1,257
2,565
7,969
1,904
1,265
2.599
7,899
1,877
1,267
2,611
7,781
1,871
1,239
2,562
7,713
1,853
1,186
2,527
7,843
1,832
1,201
2,493
8,115
1,804
1,197
2,476
8,3
13.6
9.8
8.4
13.5
10.0
8.5
13.3
9.9
8.5
13 2
9.7
8.5
13.3
9.5
8.6
13.3
9.5
22, 049
4,622
2,075
2,698
1,453
3,750
3,202
1,062
3,187
22 112
4,504
2,027
2,720
1,463
3,716
3, 346
1,065
3, 281
22 294
4,524
1,981
2,691
1,442
3,744
3,451
1,058
3,403
22, 312
4,629
1,936
2,678
1,430
3, 716
3,529
1,024
3, 370
22, 351
4,830
1,923
2, 623
1,415
3,679
3,587
1,010
3,284
8.8
3.0
10.3
8.7
3.0
10.4
8.7
3.0
10.6
8.7
30
10.6
of dol
do __
do
do
do
motor
of dol
do
do
do
53, 663
31, 462
4,114
3,222
10, 509
53, 909
31, 566
4,192
3,146
10, 624
53, 853
31, 438
4,207
3,077
10, 601
8,016
1,890
1,209
2,502
7,975
1,865
1,240
2,524
of dol
do __
do
8.6
13.4
9.4
8.5
13.4
9.6
__
Sales value (seas adj ), total
Durable-goods industries, total
Primary metal
Fabricated metal
Machinery (including electrical)
Transportation
equipment (including
vehicles)
__
__
mil.
Lumber and furniture
Stone, clay, and glass
Other durable-goods industries
Nondurable-goods industries, total
Food and beverage
__
Tobacco
Textile
Paper
Chemical
-Petroleum and coal
Rubber
Other nondurable-goods industries
_
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-goods industries
do
By stages of fabrication:!
Purchased materials
bil. of dol
Goods in process
do
Finished goods
do
Nondurable-goods 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-goods industries
do
By stages of fabrication:*
Purchased materials
bil. of dol
Goods in process
do
Finished goods
__
do
Inventories, end of month:
Book value (seas adj ) total
mil
Durable-goods industries, total
__
Primary metal
Fabricated metal
_
Machinery (including electrical)
Transportation equipment (including
vehicles)
mil
Lumber and furniture
Stone clay and glass
Other durable-goods industries
By stages of fabrication:!
Purchased materials
bil.
Goods in process
__
Finished goods
'953
24 931
11 670
2,568
770
598
959
1,927
3 685
24 847
11 504
1 659
1 326
3,785
'2 708
r 759
r
586
'965
2 402
774
586
972
13 704
4 412
384
989
886
1 836
2 774
448
1,975
13 504 r 13 261
4, 363 r 4 333
r 387
361
1,001
999
r gg5
877
1 783 r i 745
2 759 r 2 597
413
396
1,947 rl 919
13 343
4 363
370
1 025
870
1 826
2 559
53, 688
31, 137
4. 466
2,963
10, 283
53, 298
30, 770
4,384
2,989
10, 188
52, 829 r 52, 318
51, 633
30, 494 r r30, 163 29, 689
4,175
4,303
4, 246
2,980 ' 2 947 2,931
10, 169 ' 10, 054 9,907
8,006
1,794
1,210
2,436
7,885
1,814
1,257
2,469
7,669
1,801
1,262
2,477
7,414
1,826
1,299
2 503
8.6
13 3
9.6
8.7
13.0
9.6
8.5
12.7
9.9
8.3
12.5
10.0
8.2
12.3
10.1
22, 275
4,837
1,940
2,561
1,396
3,641
3,705
1,031
3,164
22 247
4,929
1, 960
2,515
1,395
3,658
3,732
1,053
3 005
22, 440
5,026
1,965
2,562
1,403
3, 720
3. 730
1,079
2,955
22 551
4,912
1,962
2,628
1,444
3,863
3,644
1,103
2,995
22 528
4,786
2,027
2,667
1,443
3,886
3,543
1, 111
3,065
22, 335
4,694
2,007
2,679
1,468
3,911
3,436
1,109
3 031
8.7
3.0
10.7
8.7
3.0
10.6
8.8
2 9
10.5
9.0
2.9
10.5
9.1
2.9
10.5
9.1
30
10.5
9.0
30
10.3
54, 093
31, 696
4,245
3,146
10, 622
54, 203
31, 742
4,326
3,151
10, 609
54, 166
31, 820
4,344
3,123
10, 658
54, 103
31, 754
4, 356
3,143
10, 583
53, 871
31,511
4,279
3,095
10, 517
53, 520
31, 148
4,269
3,086
10, 374
52, 911
30, 625
4,273
3, 081
10, 222
7,919
1,845
1,254
2,535
8,038
1,857
1,239
2,549
8,035
1,872
1,210
2,539
8,049
1,877
1,251
2,518
7,979
1,880
1,273
2,540
7,976
1,845
1,274
2,525
7,801
1,827
1,270
2,521
7,529
1,772
1,237
2,511
7,285
1,803
1,249
2,490
8.4
13.3
9.7
8.4
13.5
9.8
8.4
13.6
9.8
8.5
13.4
9.8
8.6
13.2
9.9
8.6
13.1
9.8
8.3
12.7
10.1
8.3
12.4
99
8.3
12.1
9.9
22, 461
4,805
2,024
2,649
1,429
3,737
3,517
1,074
3,226
22, 346
4,684
2,000
2,631
1,410
3,741
3,597
1,074
3,209
22, 349
4,725
1,980
2,625
1,423
3,732
3,623
1,097
3,144
22, 360
4,732
1 965
2,628
1,417
3,763
3,657
1, 101
3,097
22, 372
4,689
1,924
2,679
1,444
3,820
3,644
1,092
3,080
22, 286
4,627
1,912
2,694
1,443
3,824
3, 615
1, 100
3,071
9.0
3.0
10.5
8.9
2.9
10.5
8.9
3.0
10.4
8.9
3.0
10.4
8.8
3.1
10.5
8.8
3.0
10.5
22, 201
22, 343
22, 415
22, 397
Nondurable-goods industries, total
mil of dol
4,882
4,869
4,804
4,876
Food and beverage
_ _
__
do
2,064
2,054
2,047
2,038
Tobacco
do
2,612
2,628
2,625
2,642
Textile
do
1,442
1,439
1,453
1,430
Paper
__
_ do
3,692
3,730
3,729
3,728
Chemical
do
3,380
3,486
3,494
3,267
Petroleum and coal
do
1,031
1,024
1,027
1,045
Rubber
do
3,210
3,176
3,216
3,216
Other nondurable-goods industries
do
By stages of fabrication:!
9.0
8.9
9.0
8.7
Purchased materials
_ bil. of dol._
3.0
2.9
2.9
3.0
Goods in process _
_do
10.5
10.5
10.5
10.6
Finished goods
__do
* Revised.
JData beginning January 1953 appear on p. 20 of the September 1957 SURVEY.
24, 495 ' 25, 780 25, 031
11, 560 ' r12, 161 11, 852
1, 770
1,742
1,665
1,340
1,261 ' 1, 334
3,875
3,702 ' 3, 982
29, 010
14, 768
2,481
1,642
4,355
Sales, value (unadjusted), total
. nail, of dol..
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-goods industries
do
r 1 635
T
1 332
r
' 7, 226
1 824
2, 571
6,975
1,826
1,286
2,589
'7.9
12.1
10.1
7.8
11.8
10.1
22, 155
4,574
1,960
2,682
21, 944
4,505
1,911
2,668
1,488
3,852
3,389
r
' 1, 295
r
r
1 934
1,483
3,929
3,405
1,112
r
3, 010
3.030
9.0
3.0
10.2
8.8
2.9
10.2
52, 445 ' 52, 009 51, 527
30, 266 ' 29, 864 29, 429
4,297 ' 4, 342 4,352
3,041 ' 2, 918
2,874
10, 101 r 9, 920
9,764
r
r
7, 113
1, 794
* 1, 233
' 2, 544
6,882
1,795
1,237
2,525
••8.1
11.9
••9.8
8.0
11.7
9.7
22, 179 ' 22, 145 22, 098
4,660 ' 4, 685 4,755
1,911 ' 1, 885 1,892
2,638 ' 2, 627 2,600
1,453 ' 1, 454
1,473
3,848 ' 3, 877 3,832
3,542 ' 3, 510 3,458
1,069
1,087
3,019
3,040 ' 3, 038
8.8
3.0
10.4
8.8
'2.9
10.4
8.7
2.9
10.5
~~
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
8-5
1958
1957
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
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). ..
mil. of doL.
Other durable-goods industries
do
27, 673
13, 349
2,103
1,500
4,091
28, 328
13, 949
2,251
1,638
4,136
27, 538
13, 716
2,217
1,427
4,512
26, 155
12, 318
1 938
1,522
3,904
27, 568
12, 881
2 063
1 468
3,905
26, 371
12 047
2 039
1 571
3,812
26, 730
11 788
2 027
1 517
3,798
26, 056
12 385
1 758
1 144
3,431
25, 067
11 890
1 563
1 189
3 520
24 264
10 749
1 619
1 189
3 276
2,936
2,719
3,181
2,743
2,609
2,951
2,256
2,698
2,554
2,891
1,979
2 646
1,776
2 670
3,616
2 436
3 669
1 949
2 448
2 217
do _ .
-do
do
14, 324
3,341
10, 983
14, 379
3,233
11, 146
13, 822
3,148
10, 674
13, 837
2,789
11,048
14, 687
3,070
11 617
14 324
3,057
11 267
14 942
3,203
11 739
13 671
3,053
10 618
13 177
2 785
10 392
13 515
2 877
10 638
New orders, net (seas 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
27, 940
13, 234
2,197
1,500
3,850
28, 433
14, 115
2,136
1,689
4,321
27, 055
13, 249
2,306
1,486
4,103
27, 276
13, 005
2,241
1,522
4,065
27, 325
13 160
2 078
1 372
4 124
26 565
12 519
2 202
1 496
3 952
26 226
12 154
2 081
1 459
3 943
26, 030
12 362
1 686
3 243
3 652
25 060
11 399
l' 512
1 213
3 422
24 369 " 24 110 r 24 758
10 704 r 10 688 T 11 4gg
1 556
1 369
1 371
1 239
1 176
1 175
3* 511
3 336
3 545
2,968
2,719
3,198
2,771
2,544
2,810
2,396
2,781
2 884
2,702
2 300
2,569
2 079
2,592
3 345
2 436
2 932
2 320
9 356
2 217
r 2 361
2 237
3 317
2 114
1 971
2 310
14, 706
3, 554
11, 152
14, 318
3,191
11,127
13, 806
2,970
10, 836
14, 271
2,936
11, 335
14, 165
2 924
11, 241
14, 046
3 088
10, 958
14, 072
2 993
11, 079
13, 668
2 993
10 675
13, 661
3 027
10 634
13, 665
2 906
10 759
13, 422
2 830
10 592
" 13, 270
r 2 920
r 10 350
13, 535
3 137
10' 398
61, 857
58, 922
6,771
4,355
19, 931
61,069
58, 038
6,597
4,408
19,642
60, 329
67,164
6,330
4,283
19, 695
59, 288
56, 146
6,200
4,314
19, 629
57, 793
54, 796
6,001
4 150
19, 400
55, 993
53 179
5,840
4 090
18, 919
53, 191
50 581
5, 531
3 919
18, 311
51, 977
49 389
5, 187
3 630
17, 731
50, 697
48 127
4 79G
3 483
17 120
49, 103
46 563
4 467
3 343
16 703
47, 836
45 372
4 263
3' 199
16 548
* 47, 504
r 45 059
T
4 040
r 3 099
" 16 327
46, 348
43 877
3 744
3 061
16 128
22, 953
4,912
22, 638
4,753
22, 060
4,796
21,123
4,880
20, 421
4,824
19, 650
4,680
18, 423
4 397
18, 576
4 265
18 750
3 978
18 132
3 918
17 466
3 896
' 17 763 17 131
r 3 830
3 813
2,935
3,031
3,165
3,142
2,997
2,814
2 610
2 588
2 570
2 540
2 464
T 2 445
2 471
12, 312
12,220
11, 269
11,686
11, 361
10, 526
11 251
9,270
10 575
13 080
10 466
11 670
11 329
number __
1,175
1,200
1,084
1,059
1,145
1,071
1,173
1 080
1 279
1 238
1 495
1 458
do__ _
do
do
do
do
118
172
190
580
115
82
181
205
600
132
93
164
179
553
95
81
153
181
570
74
91
165
204
688
97
94
164
182
635
96
89
176
214
544
99
93
194
213
559
114
88
174
208
514
96
78
176
219
676
130
79
177
208
662
112
121
202
281
750
141
116
209
257
737
139
thous. of doL_
57, 103
52, 552
51,454
44,299
43, 514
45,420
47,428
52, 899
45, 325
64, 442
65, 295
71,555
83, 977
do __
do
do
._ __ do _ _ .
do
3,878
9,090
16, 286
15, 994
11, 855
4,728
10, 820
14, 888
15, 686
6,430
3,551
10, 066
12, 966
17, 715
7,156
5,024
7,629
14, 039
12, 715
4,892
2,331
10, 426
12, 847
14, 752
3,158
4,554
5,618
13,901
13, 657
7,690
3 195
7,994
11 601
16, 947
7,691
2,611
13, 420
18 061
12, 895
5,912
3 072
5, 713
14 985
16 028
5,527
3 364
9 868
24 917
20, 788
5, 505
3 309
8 747
24 331
23 038
5 870
4
11
23
23
8
13 497
9*612
29 538
23 657
7 673
Failure annual rate (seas. adj.)*.. No. per 10,000 concerns.
48.2
50.1
50.0
47.8
53.4
58.7
51.5
56.0
51.9
53.2
54.1
Nondurable-goods industries, total
Industries with unfilled orders?
Industries without unfilled orders!
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled ordersf
do
do
do
Unfilled orders, end of month (unadj.), 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 industries, including ordnance _ _ do
Nondurable-goods industries, total 9
do
23, 228 ' 25, 448 23, 875
10 369 " 11, 848 10 670
1 461 r i 547
1 446
1 117 " 1 234
1 302
3 547 r 3, 761
3,676
2 141
2 103
T
3, 065
" 2 241
1 936
2 310
12 859 r r13 600
2 773
3, 008
10 086 r 10 592
13 205
2 949
10 256
24 175
10 640
l' 532
1 276
3 551
BUSINESS INCORPORATIONS^
New incorporations (48 States)
__
__ number..
INDUSTRIAL AND COMMERCIAL FAILUREScf
Failures, total
Commercial service
Construction
Alanufacturing and mining
Retail trade
Wholesale trade
_
Liabilities (current), total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
_
1 122
470
921 !
3]i
531
322
60.0
59.7
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products*
1910-14=100_.
Crops
_
Commercial vegetables, fresh market
Cotton
Feed grains and hay
Food grains
Fruit
Oil-bearing crops
_
Potatoes (incl. dry edible beans)
Tobacco .
Livestock and products
Dairy products
Meat animals
Poultry and eggs
Wool
do
do _.
do
do
_
_
do
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..
'241
r242
"243
"246
"247
245
"241
242
"243
247
252
263
"264
r241
r241
'291
'284
"240
"274
"237
"276
"232
"232
"227
"211
"225
"226
"223
"234
"219
"256
"224
"332
229
" 245
" 408
" 252
r 362
220
152
224
236
162
223
314
246
163
221
258
180
233
266
179
225
270
173
218
273
170
218
"216
"250
"169
460
"201
'230
"231
"245
"143
459
"156
457
"155
457
264
242
253
275
263
"242
248
260
278
169
217
279
163
217
" 151
221
376
211
148
219
231
187
235
180
237
183
233
" 201
229
228
234
271
237
"153
483
"167
473
"170
466
204
475
268
238
178
474
272
475
268
475
224
475
258
"263
" 280
" 277
"293
185
267
269
308
174
"271
" 262
" 256
273
266
324
169
249
280
261
336
187
229
275
249
339
172
212
280
244
355
168
204
" 150
"194
"188
"169
469
159
484
"261
"260
" 272
244
245
254
"246
"288
"253
260
145
297
155
"312
"307
"302
"168
"297
" 176
"288
"255
"278
"276
" 181
" 280
291
246
232
146
217
263
273
156
219
252
264
221
239
275
" 148
"294
"280
" 143
"313
273
285
259
273
286
259
273
287
257
273
287
257
273
287
257
273
287
258
273
286
258
275
289
260
276
289
263
277
289
264
278
290
265
281
293
269
282
293
271
283
294
271
296
296
296
295
295
296
296
298
299
301
302
304
306
306
188
84
82
"83
82
r 86
87
Rfi
81
81
82
83
83
81
"81
Paritv ratio©
do
" Revised.
§Corrections of March 1955 new orders figures in 1957 BUSINESS STATISTICS (mil.dol.): Unadjusted—total durable goods, 14,755; machinery, 4,093; seasonally adjustedtotal manufacturing, 26,810; total durable goods, 13,538; machinery, 3,885.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurablegoods industries are zero.
IFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
<fData are from Dun
& Braclstreet, Inc.
*New series; based on number of concerns listed in Dun & Bradstreet Reference Book. Data back to 1934 are available upon request.
{Revised beginning January
1955 to incorporate the latest revisions in the price series for individual commodities; unpublished revisions (prior to April 1957) will be shown later.
©Ratio of prices received to prices paid
(including interest, taxes, and wage rates).
467401—58
4
SUEVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
.1935-39=100..
214.9
215.3
216.6
217.5
217.9
217.5
217.2
217.4
217.2
217.8
218.0
219.5
220.0
Consumer price index (U. S. Department of Labor):
All items
1947-49=100-.
119.3
119.6
120.2
120.8
121.0
121.1
121.1
121. 6
121.6
122.3
122.5
123.3
* 123. 5
106.5
113.8
110.5
118.7
102.0
106.5
114.6
110.0
122.5
103.7
106.6
116.2
110.0
126.8
106.9
106.5
117.4
110.5
126.9
109.5
106.6
117.9
111.5
121.3
111.9
107.3
117.0
113.1
114.8
110.3
107.7
116.4
114.2
114.5
106.3
107.9
116.0
114.5
114.6
104.6
107.6
116.1
114.6
113.9
106.0
106.9
118.2
114.6
121.9
110.2
106.8
118.7
114.5
124.4
112.0
106.8
120.8
114.1
130.7
114.4
106.7
121.6
112.5
136.6
115.9
125.2
112.4
105.1
134.5
125.3
112.3
104.2
134.7
125.5
112.3
104.6
135.0
125.5
112.3
104.1
135.2
125.7
113.3
103.9
135.4
126.3
113.7
104.8
135.7
126.6
113.8
104.8
136.0
126.8
114.3
104.5
136.3
127.0
114.3
104.9
136.7
127.1
115.7
104.2
136.8
127.3
115.9
104.9
137.0
127.5
115.9
103. 9
137.1
127.7
116.0
104.0
137.3
136.9
123.3
111.8
137.3
123.4
111.4
137.9
124.2
111.8
138.4
124.7
112.4
138.6
124.9
112.6
139.0
125.1
113.3
139.7
126.2
113.4
140.3
126.7
114.4
140.8
127.0
114.6
141.7
127.8
116.6
141.9
128.0
116.6
142.3
128.3
117.0
142.7
128.5
117.0
135.5
125.5
176.8
135.3
125.4
176.8
135.3
125.4
176.8
135.8
125.6
180.2
135.9
125.6
180.6
135.9
125.5
181.1
135. 8
125- 4
181.6
140.0
129.7
182.8
138.9
128.6
182.4
138.7
128.4
182.4
138.5
127.9
185.4
138.7
128.0
185.9
138.3
127.6
186.1
124.2
124.3
124.6
126.6
126.7
126.7
126.8
126.8
126.8
127.0
127.0
127.2
127.2
117.2
117.1
117.4
118.2
118.4
118.0
117.8
118.1
118.5
118.9
119.0
119.7
' 119. 3
97.1
125.0
117.4
96.5
124.7
117.4
98.8
124.5
117.6
99.7
125.2
118.5
99.6
125.5
118.6
97.0
125.4
118.8
95.3
125.2
119.0
95.3
125.3
119.6
96.4
125.4
119.9
101.5
125.0
121.4
100.4
125.2
120.9
90.6
103.0
87.3
79.3
89.5
109.0
85.4
78.7
90.9
105.4
83.9
83.5
92.8
108.0
82.7
86.5
93.0
106.3
82.4
86.7
91.0
98.9
81.2
81.5
91.5
107.7
80.6
78.4
91.9
106.3
80.9
79.3
92.6
108.3
80.5
82.6
'97.5
'99.5
125.4
125.0
' 120. 6 ' 120. 6
93.7
96.1
121.2
127.9
79.0
79.9
86.2
91.1
100.5
143.1
82.2
95.8
'97.7
' 130. 4
85.7
94.5
98.4
123.4
84.2
99.8
104.3
116.8
111.4
104.9
88.2
104.9
116.5
110.7
103.5
91.5
106.1
117.0
108.1
101.9
96.6
107.2
117.7
108.2
102.3
99.2
106.8
116.7
110.3
102.1
97.7
106.5
116. 7
112.4
102.5
95.7
105.5
117. 3
113.7
103.6
91.6
106.5
117.6
114.5
103.8
93.6
107.4
118.3
114.7
104.6
95.5
110.7
117.8
113.4
106.8
105.9
••111.5
118.4
111.4
r
107. 6
108.5
112.9
117.8
110.8
108.1
112.8
125.4
125.2
125.2
125.7
126.0
126.0
125.8
125.9
126.1
109.1
123.6
93.5
58.2
107. 5
124.1
119.5
123.2
109.1
123.6
93.3
59.2
107.2
124.7
118.5
123.3
109.3
124.0
93.4
60.2
106.3
125.5
117.2
123.3
109.5
123.5
93.4
61.0
106.3
128.1
116.4
124.0
109.8
123.6
93.4
63.4
106.5
128.1
116.3
124.4
110.2
123.5
93.5
64.5
106.4
128.1
116.1
124.8
110.4
123.6
93.4
64.8
107.6
128.1
115.8
125.6
110.3
123.6
93.4
65.2
107.7
128.1
115.7
125.8
Fruits and vegetables
Rent
Private
Public
.
-
- -
do
.
do
-- - - do
do
WHOLESALE PRICEStft
(U. S. Department of Labor indexes)
All commodities
1947-49=100—
Economic sector:
Crude materials for further processing
do
Intermediate materials supplies, etc
do
Finished goods0
do
Farm products 9
Fruits and vegetables fresh and dried
Grains
Livestock and live poultry —
do
do
do
do
Cereal and bakery products
-do
Dairy products and ice cream
- do
Fruits and vegetables, canned and frozen
do —
Meats poultry and fish _
do
109.5
118.0
114.2
105.6
101.7
109.9
118.1
114.2
105.7
102.7
119.5
126,1
125.7 '125.5
125.7
125.3
110.8
110.7 '111.0
110.6
110.6
110.8
Chemicals and allied products 9
do
123,9
123.9
123.7
124.3
123.6
123. 9
Chemicals industrial
-do
"•94.1
93.5
93.6
94.0
93.6
94.1
Drugs and Pharmaceuticals
do
63.1
65.4
64.2
62.2
62.9
61.2
Fats and oils inedible
do
107.8
110.7
110.3
110.4
110.
3
110.3
Fertilizer materials
do
128.4
128.4
128.4
128.4
128.4
128.4
Prepared paint
do
116.1
112.4
111.0
113.6
110.3
116.2
Fuel, power, and lighting materials 9
do
126.2 ' 119. 8 119.7
126.2
126.3 2 126.1
Coal
-,
do _ _ _
100. 0
100.0
100.1
100.1
100.0
Electric power
January 1958 — 100
2 100. 0
98.1
101.1
101.5
98.3
Gas fuels
do
123.0
115.8
117.0
118.9
114.7
128.4
125.6
123.5
124.6
125.5
126.4
123.5
129.8
Petroleum and products
_ 1947-49= 100. . 130.4
123.4
123.5
123.8
123.2
123.6
122.3
123.5
121. 6
121.7
122.6
122.4
122.2
121.5
122.7
Furniture, other household durables 9
do
105.4
105.3
105.3
104. 9
105.3
104.6
105.4
105.2
105.4
105.4
105.1
104.9
105.1
104.7
Appliances household
do
122.8
122.8
123.1
122.8
123.3
122.5
122.8
122.4
122.6
122.4
122.9
122.4
122.8
122.8
Furniture household
do
92.6
92.6
93.0
92.5
91.1
93.4
93.3
93.4
91.5
91.1
93.4
91.1
93.3
92.5
Radio receivers and phonographs
- - do
70.7
71.2
70.7
70.7
70.7
71.4
71.4
71.6
71.4
71.4
69.7
70.8
69.5
69-5
Television receivers
do
99.7
99.5
99.5
100.0
99.6
99.5
99.8
100.0
98.9
100.0
98.6
100.6
100.1
100.3
r
Hides, skins, and leather products 9
—do
122.1
121. 9
122.1
122.0
122.2
122.0
120.9
121.1
121.0
121.8
122.0
121.0
120.8
121.0
Footwear
-do
53.3
50.5
51.2
55.4
51.2
50.3
59.4
58.2
56.8
62.1
53.8
51.8
55.8
61.5
Hides and skins
do
91.1
91.1
90.7
91.0
90.6
90.8
91.2
91.6
91.2
91.1
92.2
88.6
88.8
91.6
Leather
-...
- do
115.7
115.5
115.9
116.3
115.8
116.3
119.7
117.3
116.9
120.2
117.8
118.6
119.3
119.7
Lumber and wood products
.. do
115.9
115.9
116.2
1.16. 7
116.5
116.4
120.4
118.3
117.1
117.5
121.2
120.6
119.4
120.0
Lumber
do
149.4
149.2
149.3
149.4
149.3
149.4
145.2
146. 9
147.7
149.2
146.2
145.1
145.8
145.0
Machinery and motive products 9
do
138.4
138.3 ' 138. 5 138. 3
138.3
133.4
138.3
136.2
132.3
137.3
132.1
132.5
132.3
132.3
Agricultural machinery and equip
do .
165.4 r 165.4
165.5
165.6
165.6
165.3
157.6
162.9
164.9
165.2
157.6
161.4
157.9
157.5
Construction machinery and equip--do
151. 8
151.9
151.2
151.3
151.3
151.
0
148.2
151.1
151.2
151.1
148.2
149.6
147.8
149.5
Electrical machinery and equipment
_ do
139.1 ' 139. 0 139.0
139.1
139.1
139.1
134.8
135.5
138.7
134.7
134.7
134.7
134.7
134.7
M^otor vehicles
do
149.8 'r 148. 6 148.6
150.1
152.2
150.4 ' 150. 5 ' 150. 0
150.6
150. 8
153.2
152.4
150.1
150.0
M^etals and metal products 9
do
121. 1
121.0
121.1
121.8
121.6
121.5
122.3
122.3
122.1
121.9
122.3
121.4
121.6
122.8
Heating equipment
do
166.2
166.4
167.3
166.6
167.6
170.2
166.5
167.8
165.4
166.5
171.2
161.9
162.9
170.3
Iron and steel
do
'
124.
1
124. 0
127.0
128.7
127.8
129.9
130. 6
130.8
134.1
131.7
134.6
138.1
139.9
Nonferrous metals
. do _- 142.5
'
135.
4
135. 7
135.3
136.4
136.5
135. 2
135.7
135.3
135.4
135.3
135.1
135.2
134.6
135.0
Nonmetallic minerals, structural __
do
155.5
155.5
155.5
155.0
155.1 ' 155. 3 ' 155. 5 155.5
155.1
155. 0
155.1
155.1
155.0
155.0
Clay products
do
'
128.
0
128.4
128.0
127. 8
127.9
127.2
126. 3
126.5
126.7
126. 4
126.4
126.7
126.7
126.6
Concrete products
- do 133.1
133.1
133.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
Gypsum products
...
do
130.5
130.6
130.5
130.8
130.8
131.0
130.9
130.9
129.9
128.9
130.1
129.5
128.9
128.6
Pulp, paper, and allied products..
do
141.8
143.0
142.9
143.2
143.1
143.2
143.2
143.3
143.2
142.4
143.2
142.4
142.8
140.7
Paper
•
-do
144.6 ' 144, 5 143.8
145.1
144.6
146.2
145.7
146.5
144.7
146.9
145.1
144.9
144.5
144.7
Rubber and products
do
152.1
152.1
152.1
152.1
152.1
153.5
153. 5
153.5
153.5
153.5
149.0
149.0
149.0
149.0
Tires and tubes .
.—do
93.5
93.7
94.0
94.6
94.1
94.9
95.0
95.1
95.4
95.5
95.4
95.4
95.4
95.3
Textile products and apparel 9
—do
99.1
99.2
99.3
99.4
99.2
99.6
99.6
99.6
99.7
99.6
99.5
99.5
99.6
99.5
Apparel
.
- do
88.3
88.5
89.0
90.2
89.3
89.9
90.2
89.8
90.0
90.2
90.6
90.5
90.7
90.8
Cotton products, >. ._ do
116.1
116.5
116.1
119.5
117.5
119.5
120.0
119.6
121.1
122.4
122.0
121.5
124.7
124.8
Silk products
- do
80.3
80.5
81.0
81.2
81.3
82.1
82.3
82.3
82.3
82.1
81.9
81.9
81.5
81.8
Manmade fiber textile products
do
100.5
101.6
102.8
105.1
103.8
105.8
107.4
108.3
110.3
111.2
111.5
110.9
111.3
109.9
Wool products
do
128.0
128.0
128.0
128.0
128.1
128.1
127.7
127.8
127.7
124.5
127.7
124.7
127.7
124.5
Tobacco mfs. and bottled beverages9
do
120.3
120.3
120.3
120.3
120.3
120.3
119.6
119.6
119.8
119.6
119.6
119.6
119.6
119.6
Beverages, alcoholic-- __ _ .
do
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
124.0
124.0
134.8
134.8
124.0
Cigarettes
do
96.2
94.3
'97.8
89.3
89.4
87.2
88.3
87.7
86.8
90.1
87.3
88.8
89.4
91.4
Miscellaneous
- do 119.1
119.1 ' 119. 1
118.0
119.4
119.5
117.9
117.9
118.2
117.5
117.5
117.8
117.5
117.5
Toys, sporting goods
-- do ..
' Revised.
1 Index based on 1935-39= 100 is 206.5 2 Coniparable c ata prior to Januar y 1958 are not available; indexes for ele ctric pow er and gas fuels refi ect a maj()r change in pricing
methods for gas and electricity and publication on the new base, January 1958=100.
$Rev ised begirming Jan uary 1958 to inconjorate re9 Includes data not shown separately. tfFor actual whol<isale price s of individual com modities, see respe ctive con:imodities
vised weighting structure reflecting 1954 values. Figu res are directly COEaparable with data for Dece mber 1957 , with th e exceptic n of the slectricity and gas componeiits (see fcotnote*).
® Goods to users, including raw foods and fuels.
http://fraser.stlouisfed.org/
Commodities other than farm prod, and foods—do
Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-7
1958
1957
April
May
June
July
DecemAugust SeptemOctober November
ber
Febru-
March
84.1
81 8
84.0
81 6
83.5
81 1
' 4, 667 ' 4, 682 ' 4, 609 ' 4, 208
' 3, 791 ' 3, 380
' 3, 153
' 3, 196
r
ber
Janu-
ary
ary
April
May
COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumer prices
85.4
83.6
85.3
83.8
1947-49=100.,
do .
85.2
00
O
84.6
82.8
84.5
82.6
84.7
82 6
84.9
82 6
84.4
82 2
84.7
82 2
183.8
1
81 0
183.7
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY J
New construction (unadjusted), total
mil. of doL.
Private, total 9
do
Residential (nonfarm) 9
do
New dwelling units
do
Additions and alterations
do
Nonresidential buildings, except farm and public
utility, total 9 __
mil. of doL.
Industrial
do
Commercial
do__.
Farm construction
do
Public utility
..do
Public total
Nonresidential buildings
Military facilities....
Highway
Other types
do
_
_
New construction (seasonally adjusted), total
Private total 9
' 3, 748
' 4, 127
r
2, 658
' 2, 882 ' 3, 060 ' 3, 124
r
1, 326
'965
327
' 1, 436 ' 1, 545 ' 1, 586 ' 1, 611 ' 1, 611 ' 1, 586 ' 1, 524 ' 1 365 ' 1 165 ' 1 083 ' 1 177 ' 1 288 1 403
' 1, 020 ' 1, 105 ' 1, 155 ' 1, 180 ' 1, 190 ' 1, 180 ' 1, 140 ' 1, 050
' 895
'815
'890
' 945
1,000
'379
392
'400
387
374
357
'333
'265
'220
219
'239
'295
352
'748
'306
'262
126
'441
' 4, 425 ' 4, 477
' 3, 400 ' 3, 703
'2 435 ' 2 301 r 2 442
' 2 583
4,066
2 770
'842
'301
'319
'840
'293
'844
'289
'330
'842
'287
'746
'274
'270
' 705
'252
'258
'689
'235
'262
'497
'536
173
'799
'277
'306
'511
322
159
'549
'556
'564
'525
'472
' 411
'397
'450
' 1 041
'945
'852
' 958
342
'97
'340
308
'347
'370
'350
'252
'260
'258
' 73
'240
' ?31
'265
' 269
' 375
' 295
379
88
515
314
' 4, 053 ' 3, 960
3,940
' 2 792 ' 2 734
2 714
146
159
169
133
332
114
' 1, 365 ' 1, 353 ' 1 471 ' 1, 497 ' 1, 466 ' 1, 188
'112
'548
'299
do
' 4, 006
' 4, 003
' 4, 003
do
' 2, 811 ' 2, 824
r
2 750
'814
'297
'310
' 1, 090 ' 1, 245
' 1, 388
' 3, 020
'824
'308
'308
'382
'108
'470
'285
Residential (nonfarm)
*
do
Nonresidential buildings, except farm and public
utility, total 9
mil. of dol
Industrial! _ _
do ___
Commercial!
do
Farm construction
do
Public utility .
do
' 3, 143
'783
'306
'286
'376
'94
'360
260
do
_..do
_ do -__
do
' 3, 185
406
'416
'142
'577
'336
416
'409
'138
'607
'336
'604
'321
'367
'108
'425
'288
' 3, 934 ' 4, 034
' 4, 078
' 4, 166
' 4, 137
'390
'121
'539
'303
' 2, 823 ' 2, 811 ' 2 854
132
' 2, 870 ' 2, 912 ' 2, 917
100
101
'87
' 4, 211 ' 4, 156
105
' 4, 079
'2 895 ' 2 863 ' 2 834
114
r 77
'677
'218
'263
127
478
698
204
285
147
505
' 1 120 1 296
'80
1, 360
' 1, 373
' 1, 383
'806
'312
'294
133
'465
'820
'315
'303
'817
'311
'302
'787
'300
'292
'803
'301
'296
'795
'290
133
'796
'281
'305
'790
'272
'304
'769
'269
'288
'748
'252
'281
'742
'240
'288
' 733
'222
'294
'493
'482
298
133
'798
'283
'306
'493
'487
'492
'504
'500
'496
' 501
' 497
'505
' 503
Public, total 9
, . _
do __ ' 1, 195
'382
Nonresidential buildings _
do
'103
Military facilities!
do
'444
Highway
_
do
CONTRACT AWARDS
Construction contracts in 48 States (F. W. Dodge
Corp.):t
2,776
Total valuation
_._mil. of dol..
880
Public ownership
do
1,896
Private ownership
do
Nonresidential buildings:
Floor area
thous. of sq. ft_. 63, 689
Valuation
mil. of dol
838
Residential buildings:
113, 369
Floor area
thous. of sq. ft
1,232
Valuation
.mil. of doL.
Public works:
Valuation
do
453
Utilities:
Valuation
_ „ __
do
253
' 1, 179
'371
'110
'423
' 1, 180
' 1, 180
'374
'120
'393
' 1, 208
'380
'114
'410
' 1, 254
'391
'101
'428
' 1, 123
'357
'108
'391
3,400
1,279
2,120
3,223
1,323
1,900
2,901
1,002
1,898
2,818
2,550
816
1,734
2,614
2,371
1,982
734
1,504
1,249
2,066
758
1,308
1,953
867
1,827
1,185
2,721
1,027
1,694
2 881
1 053
1 828
80, 194
1,120
80, 844
1,186
71, 642
961
68, 569
1,008
64, Oil
66, 362
61, 260
51, 043
54, 942
52, 313
66, 456
63 836
120, 206
1,297
106, 370
1,135
117, 373
1,287
116, 905
1,284
105, 189
1, 151
106, 636
1,165
86 424
67, 225
71, 653
759
111
67, 672
727
97, 732
1,071
113 755
1,240
653
716
467
394
416
327
444
381
328
358
501
551
329
186
186
132
116
211
118
144
201
117
183
132
1,460
1,857
1,561
1,589
1,805
1,247
1,700
1,232
967
1,259
1,175
1,398
1 583
2 314
7,816
1,172
3,702
2,941
9,772
2,284
4,209
3,279
11,378
1,917
6,444
3,017
8,896
845
4,581
3,471
5,292
336
2,497
2,459
4,844
6,668
749
3,143
2,775
3,950
65
2,355
1,530
11, 386
779
7, 817
2, 790
5,488
196
3,972
1,320
4, 554
209
2,640
1,705
7,553
470
5,500
1,584
13, 328
2 239
7, 439
3 651
11, 637
3 685
4,261
3 691
Engineering construction:
Contract awards (ENR)§
mil. of dol
Highway concrete pavement contract awards:cf
Total
thous. of sq. yd__
Airports
_
_ do _
Roads
do
Streets and alleys
do
133
133
380
133
' 1 412 ' 1, 432 ' 1, 461 ' 1 472 ' 1 461 ' 1 445 ' 1 441 ' 1 397 ' 1 350
802
2,016
866
282
1,791
2,771
133
111
'451
787
910
134
133
' 1, 220 ' 1,316
'381
385
' 104
'110
'443
' 538
699
878
930
2
2
2
135
135
134
134
' 1 293 ' 1, 245 ' 1, 261 ' 1 226
'370
355
' 378
' 376
'95
'96
' 107
'88
'500
' 500
' 510
'463
759
769
751
967
1 331
733
210
302
134
500
1 226
369
90
464
958
NEW DWELLING UNITS
(17. S. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
Total, privately and publicly owned... thousands..
93.7
97.8
91.9
65.0
103.0
100.0
97.0
78.2
63.4
67.9
95.0
'66.1
105. 0
99.9
91.4
Privately owned, total..
do
96.9
62.9
60.0
88.4
94.5
96.8
90.2
93.9
75.7
' 61. 0
62.5
90.7
98.0
In metropolitan areas
do
41.0
62.3
66.7
62. 1
64.9
60.9
50.8
43 1
43.3
' 42. 1
61.9
58.5
67 4
64.7
9
Publicly owned
do
6.1
3.2
5.0
5 0
2.3
5.4
3.9
1.7
2 5
8.6
' 5.1
4 3
7 0
Seasonally adjusted at annual rate:
Privately owned, total t
...do
962.0
994.0
890.0 ' 915. 0
995.0 1,015.0 1, 056. 0 1, 012. 0 1, 020. 0 1, 009. 0 1, 000. 0 1,020. 0
950.0 1, 010. 0
Residential construction authorized, all permit-issuing
places:
New dwelling units, total
thousands
75.9
381.5
85.7
79.6
54.6
72.1
58.7
49 8
50.8
71 0
80 3
79 2
3 80.4
Privatelyfinanced,total
do. .
73.6
84.0
74.7
55.5
48.8
'53.1
47.9
70.8
74.8
68.2
78 0
Units in 1 family structures
...do
68.3
61.5
36.4
67.0
38.2
40.4
52.1
61.0
63.0
58.3
45.1
60.5
Units in 2 family structures
do _
3 3.1
2.8
2.5
2 4
2.8
2.6
2.7
2.3
2 2
2 8
30
3 0
Units in multifamily structures
do
3 10.3
12.9
10.4
9.9
8.2
9.9
7.9
10.4
9.3
12.4
13.1
11.2
31.1
Publicly financed, total
do
1.7
4.9
3.2
1.4
2.3
2.3
1.3
1.0
2.9
4.4
2.7
r
Revised.
*> Preliminary.
1 Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices,
43.8 (May); 43.9 (April); consumer prices, 48.4 (April).
3
2 Data include some contracts awarded in prior months but not reported.
Revisions for March 1957 for new dwelling units authorized (thous.): Total, 73.8; privately financed—total,
72.8; 2-family structures, 2.9; multifamily structures, 9.4; publicly financed, 1.0.
^Revisions for construction activity for January-March 1957 appear in the June 1958 Construction Review; those for dwelling units started (seasonally adjusted) back to 1946, in the
May 1958 issue.
9 Includes data not shown separately.
!Data prior to December 1956 are available upon request.
fRevised series, reflecting nationwide coverage and new techniques for compiling data on residential buildings.
§Data for May, August, and October 1957 and January and May 1958 are for 5 weeks; other months, 4 weeks.
cfData for May, July, October, and December 1957 and April 1958 are for 5 weeks; other months, 4 weeks.
SUEVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
Department of Commerce composite
1947-49=100
Aberthaw (industrial building)
.
1914=100
American Appraisal Co., The:
Average, 30 cities
1913=100
Atlanta
do
New York
_„ .
..
do
San Francisco
_
do
St. Louis __
do
Associated General Contractors (all types)
__do. _ _
E. 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 :d"
Building
1947-49=100._
Construction
do
Bu. of Public Roads— Highway construction:
Composite standard mile
1940—100
r
136
r 137
137
455
138
138
138
138
138
T
137
r 137
137
137
138
452
655
712
704
610
644
473
659
712
704
610
644
479
664
712
705
609
656
485
668
712
705
610
660
488
668
712
705
624
660
488
670
713
705
625
660
490
672
728
711
625
661
490
672
730
712
624
665
491
672
729
711
622
664
490
673
729
730
621
667
493
673
732
730
620
667
493
674
737
730
619
667
493
675
737
730
619
666
494
677
737
730
619
670
498
284.3
279.1
278.9
286.3
280.7
280.3
288.3
282.7
281.7
290.5
284.7
283.1
290.6
284.8
283.2
291.0
285.0
283.2
290.6
284.5
282.3
290.7
284.3
282.1
291.1
284.4
282.3
291.5
284.4
282.4
291.4
284.2
281 5
290.7
282.8
280.7
291.4
283.0
281.1
292.2
283.5
281.6
293.5
292.3
278.7
275.9
279.1
295.9
294.4
280.2
277.4
280.4
297.8
296.4
281.6
278.7
282.6
300.1
300.2
283.3
280.0
287.9
300.1
300.2
283.3
280.2
287.9
300.7
300.8
283.5
279.8
288.5
300. 3
300.3
282.3
278. 6
288.2
300.5
300.5
282.2
278.4
288.3
301. 0
300.8
282.3
278 5
288.4
301.7
301.2
282.5
278.7
288.6
302 0
301.3
282.1
277 0
288 7
301.3
300.8
281.4
276.2
288.0
302.3
301.7
281.8
276.8
288.5
303.4
302.5
282.2
277.2
289.0
279. 3
271. 3
280.8
272.6
282.2
273.9
283.5
275.1
283.6
275.2
283.6
275.0
282.6
274.0
282.5
273.7
282. 6
273.8
282.9
273.9
281 9
272.5
281.2
271.7
281.6
272.1
282.2
272.4
148.8
158.0
149.1
159.2
149.8
159.8
152.9
163.0
152.6
162.9
152.8
162.7
152.8
162. 8
152. 7
162.9
152.8
1(54. 1
152.5
164.2
152. 6
164.3
152.8
164. 6
153. 3
165.9
154. 1
167.2
142.7
142 8
140.4
143 4
CONSTRUCTION MATERIALS
Output of selected construction materials, index:
Iron and steel products
1947-49 =100. _
Lumber and wood products
do
151.2
124.8
155.8
131.2
163.4
124.6
139.7
113.8
151.9
129.7
154, 288
286, 291
163, 633
276, 147
191, 489
268, 492
184, 794
251, 483
148.6
130.3
126.7
108.0
115. 3
95.9
115.2
112.7
100.7
102.8
116.3
110.6
173, 581 232, 048
294, 506 279, 693
231, 192
213, 029
248. 540
176, 088
306, 392
160, 352
278, 834
141, 697
319,198
123, 176
139.7
120. 5
REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount
thous. of dol - 157, 422
349, 651
Vet Adm • Face amount
do
Federal Home Loan Banks, outstanding advances to
971
member institutions
mil of dol
New mortgage loans of all savings and loan associa899
tions estimated total
mil of dol
By purpose of loan:
317
Home construction
do
391
Home purchase
do
191
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under) ,
2,044
estimated total
mil of dol
2,983
Nonfarm foreclosures
number _
85, 994
Fire losses
thous of dol
1
305, 559
85, 017
993
1,079
1,040
1,072
1,119
1, 131
1, 143
1, 265
906
790
696
815
968
925
969
1,001
891
980
768
734
723
704
819
920
360
412
197
319
415
190
318
462
190
331
470
200
292
423
176
341
443
196
250
358
160
248
324
162
245
308
171
233
289
182
281
318
220
316
354
250
2,144
2,894
79, 045
2,028
2,745
69, 710
2,211
2,839
77, 814
2,208
2,852
78, 364
2,026
2,979
72, 264
2,226
3,018
77, 753
1,877
2,852
75, 321
1,851
2,877
91, 519
1,782
1,701
1,866
2,022
99, 918
103, 853
102, 722
99, 061
207
217
150
184
163
28
422
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted:
Combined index
1947-49=100
Business papers
do
Magazines
do
Newspapers
do
Outdoor
do
Radio (network)
do _ _
Television (network) J
1950-52=100
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
All other
Magazine advertising:
Cost, total
Apparel and accessories
Automotive, incl accessories
Building materials
Drugs and toiletries
Foods soft drinks confectionery
Beer, wine, liquors
Household equipment and supplies
Household furnishings
Industrial materials
Soaps cleansers etc
Smoking materials
All other
2373
210
207
165
208
164
34
382
209
217
160
205
170
35
384
214
218
164
202
180
40
406
215
206
166
214
170
40
405
216
217
162
221
156
41
398
209
210
158
200
150
39
422
211
208
167
197
172
41
412
214
211
164
209
155
41
426
211
206
163
190
151
34
426
207
207
158
184
161
31
415
1947-49 ~ 100
230.7
233.1
205.2
170.2
173.6
213.5
238.1
231.0
184 1
171 1
189 0
thous of dol
do
do
do
do
do
do
41, 222
3, 929
11, 125
8,761
5,825
3, 810
7,772
43, 378
4,242
11,810
9,270
6,309
3, 901
7,845
39, 517
3,884
11, 585
7,482
5,614
3,771
7,201
38,760
3,711
11, 749
7,541
5,720
3,899
6,142
38, 849
3,774
11, 683
7,541
5,523
4,366
5,962
40, 926
4,667
11, 779
7,862
5,939
4,065
6,615
49, 268
4,904
15, 184
9,331
5,850
5,034
8, 965
47, 999
5,873
13, 380
9,064
5,635
4,805
9,242
49, 742
5,285
14, 536
9,524
5,771
4,732
9,894
do
do
do
do
do
do
do...
81, 439
6 206
7, 053
5,145
7,028
9 058
3, 696
73, 441
5, 544
6,840
4, 453
6, 332
7,681
3, 054
61, 899
3,235
5,967
2,858
6,629
7,488
3,080
42, 969
3,888
1,417
5, 836
6,594
2,623
45, 501
4,403
3,457
1,748
5,560
5,410
2,318
68, 708
7,716
3,143
3,801
7,064
7.354
3,320
74, 298
6, 096
3,584
3,230
8,401
8,282
4,057
77, 104
4,924
9,227
2,397
7,968
7,994
4,555
55, 270
3,770
8, 440
1,280
5,350
6,633
5,839
38, 422
2,104
4, 134
1,138
4,223
4,972
1,798
54, 409
3, 215
6, 048
2,272
5,311
7,818
2, 517
67, 587
5,572
6,636
3,276
6,214
8, 301
3,477
69, 727
5, 424
6,505
3,372
6,241
7,517
3,475
do
do
do
do
do
do
5, 246
4, 126
6,147
1,526
1,923
24, 283
4,931
3,998
6,258
1,298
1,561
21, 490
3,972
2,138
5,855
1,244
1,722
17, 711
1,651
1,087
4,118
1,146
1,412
4, 319
2,634
3,070
5,921
4,061
3. 583
6, 273
2,382
1,591
810
719
592
375
1,425
12, 782
1,551
13, 692
1,851
22, 054
4,000
4,456
5,708
1,084
2,035
23, 364
2,051
23, 353
2,071
16, 948
1, 539
1,258
4,246
1,002
1,877
17, 306
2,848
2,561
4,562
1.168
1, 866
21, 105
4,143
3,568
4,914
1, 226
2,051
21, 290
2207
2207
2162
2202
2164
237
884
664
484
781
1,172
3,082
456
1,276
13, 255
3,810
5,449
5,376
4,375
4,835
4,971
4,171
3,444
4,483
5,466
3,861
5,431
4,815
Linage, total
thous. of lines..
r
Revised. l For Aug. 26-Sept. 30 (earlier figures cover month ending the 25th day; later figures on calendar-month basis).
2
Revisions for March 1957: Combined index, 204; business papers, 209; magazines, 158; newspapers, 202; outdoor, 154; radio, 29; television, 370.
§Copyrighted data; see last paragraph of headnote, p. S-l.
cfData reported at the beginning of each month are shown here for the previous month.
J Revised beginning July 1955 to adjust for changing seasonal pattern. Revisions for July 1955-July 1956, respectively: 316; 320; 324; 321; 329; 329; 340; 352; 355; 364; 372; 376; 397.
SURVEY OF CUEEENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-9
1957
April
May
June
July
1958
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising:
Linage total (52 cities)
Classified
Display, total
Automotive
Financial
General
Retail
thous of lines
do
_ _
_.
do
..do
do
_ do
do
245, 384
59, 081
265, 599
64, 494
240, 631
61, 194
204, 045
56, 490
216, 437
58, 103
241, 294
58, 999
259, 037
57, 457
249, 980
52, 316
239, 625
46, 007
197, 123
49, 376
188, 297
45, 896
227, 825
53, 704
228, 010
53, 490
186, 303
16, 663
4,241
34, 802
130, 597
201, 105
18, 264
3,564
37, 609
141, 668
179, 436
16, 615
4,078
33, 432
125, 311
147. 555
14, 214
4,509
24, 217
104, 614
158, 334
14, 522
2,754
24, 611
116, 448
182, 295
13, 339
3,442
33, 294
132, 220
201, 580
16, 188
4,233
38, 492
142, 667
197, 664
19, 476
3,723
32, 294
142, 171
193, 618
10, 584
4,004
26, 448
152, 582
147, 747
11, 733
5,643
23, 431
106, 941
142, 401
10, 499
3,205
28, 355
100, 342
174, 122
11, 492
3,837
32, 017
126, 776
174, 520
13,314
3,878
32, 660
124, 668
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services, total
bil. of dol
278.9
283 6
282.4
281.2
do
do
do
35.0
15.5
14.9
35 0
15 3
14 9
34 4
15.3
14.4
31.5
12.2
14 5
- do
do __
do
do
139.1
22.0
85.0
8.7
142 5
23.1
86 6
8 7
140 8
22.3
86 0
8.6
141 5
21.6
87.5
8.7
104 9
16.2
34 3
7.9
106 1
16.4
34 7
7.9
107 2
16 7
35.2
79
108.2
17.0
35.6
7.8
Durable goods, total 9
Automobiles and parts
Furniture and household equipment
Nondurable goods, total 9
Clothing and shoes
- _
Food and alcoholic beverages
Gasoline and oil
Services total 9
Household operation
Housing
Transportation
do
_ _ do
do
do__
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
mil. of dol._
Durable-goods stores 9
do
Automotive group
do
M!otor-vehicle other automotive dealers do
Tire battery accessory dealers
do
16, 442
17,205
17, 114
16, 864
17, 490
16, 373
16, 949
17, 133
19, 853
15,286
5, 765
3,391
3,208
183
6,190
3,550
3,353
197
6,288
3,609
3,399
210
6,058
3,418
3, 175
242
5,995
3,352
3,126
226
5,615
3,078
2,894
184
5,605
2,945
2,753
192
5,514
2,977
2,790
188
5,999
3,009
2,780
229
4,810
2,810
2,665
145
4,290
2,471
2,338
132
'4,860
2,789
2,633
156
5,261
>• 2, 934
2,751
183
i 3, 069
••761
1817
13,783 ' 15, 557 ' 16, 281 * 17, 325
Furniture and appliance group
Furniture homefurnishings stores
Household-appliance radio stores
do
do
do
809
509
300
873
550
323
916
550
366
863
523
340
912
577
334
853
533
319
919
576
342
962
614
348
1,144
696
447
777
496
282
719
461
259
r772
500
277
498
263
Lumber building hardware group
Lumber building-materials dealers
Hardware stores
do
do
do
856
634
221
993
740
253
979
731
248
1,008
770
238
1,032
798
234
977
752
225
1,035
795
240
903
674
229
858
575
283
683
511
172
591
437
154
700
521
178
876
652
224
10, 678
1,131
200
463
248
220
11, 015
998
192
422
207
177
10, 826
994
218
381
210
185
10, 806
855
175
338
187
156
11, 495
967
177
390
222
178
10, 757
1,010
183
398
239
189
11, 345
1,083
216
434
258
175
11, 619
1,140
235
448
281
175
13, 854
1,790
409
701
445
234
10, 476
854
183
341
186
144
9,493
698
144
278
158
118
10, 696
958
159
394
227
178
11, 020
' 1, 056
183
420
243
210
do
do
502
1,153
520
1,253
511
1,289
513
1, 384
528
1,420
515
1,291
559
1,263
532
1,205
690
1,247
538
1,133
507
1,027
534
1,124
do
do
do
3,770
3,345
1,216
4,043
3,613
1,293
3,977
3,531
1,321
4,029
3,573
1,383
4,353
3,876
1,374
3,937
3,482
1,262
4,102
3,647
1,287
4,233
3,769
1,262
4,258
3,742
1,286
4,126
3,662
1,209
3,778
3,342
1, 122
4,103
-- . -- -
General-merchandise group 9
Department stores, excl. mail-ordero"
Mail-order (catalog sales)
Variety stores
Liquor stores
do
do
do
do
do
1,705
1,723
1,680
1,540
1,774
1,696
1,838
2,008
3,095
110
289
309
121
273
335
105
276
330
104
264
346
125
294
370
117
272
335
138
288
350
159
310
379
209
606
545
1,376
780
105
221
316
1,201
664
97
203
296
1,553
904
111
244
336
Estimated sales (seasonally adjusted), total
do
16, 437
16, 644
16, 783
17, 034
17, 030
16, 919
16, 714
16, 562
16, 855
16, 718
Durable-goods stores 9
do
Automotive group
do
Motor -vehicle, other automotive dealers do
Tire battery accessory dealers
do
5,631
3,194
3,012
182
5,776
3,265
3,075
190
5,806
3,246
3,051
196
5,839
3,304
3,085
218
5,740
3,245
3,037
208
5,722
3,190
2,995
194
5,612
3,180
3,002
178
5,606
3,159
2,975
184
5,588
3,087
2,899
188
5,538
3, 094
2,906
188
5,055
2,741
2,565
176
' 5, 020
Nondurable-goods stores 9
Apparel group
- Men's and boys' wear stores
TV^omen's apparel accessory stores
Family 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 __
3,636
1,214
••521
»• 1, 667
i 1, 756
i 1, 023
••963
112
275
331
16, 089 r 16, 074 ' 16, 512 i 16, 533
2,665
2,485
180
' 5, 163
2, 769
185
862
520
342
919
551
367
877
536
341
897
564
334
902
574
327
838
520
318
870
546
324
895
561
334
869
561
308
852
546
306
••868
••315
553
827
532
294
Lumber, building, hardware group
Lumber, building-materials dealers
Hardware stores
-
do
do__.
do
849
624
224
905
674
231
901
656
244
914
689
225
915
687
229
918
691
227
905
691
215
874
664
211
877
661
216
887
662
226
830
613
217
822
611
212
875
648
227
10, 806
1,020
200
405
235
181
10, 867
990
198
403
224
165
10, 977
995
204
398
225
168
11, 195
1,038
218
412
231
176
11, 290
1,092
220
443
241
188
11, 197
1,050
215
430
232
173
11, 102
1,029
216
415
228
170
10, 956
1,007
192
407
237
170
11, 266
1,087
214
432
260
180
11, 180
1,059
214
412
248
186
11, 033
1,004
208
380
237
178
11, 055
988
181
392
234
181
' 11, 348
1,045
201
404
253
188
do
_ do
519
1,218
526
1,242
518
1,245
524
1,257
534
1,278
543
1,235
571
1,215
551
1,233
546
1,235
539
1,236
540
1,186
540
1,199
539
1,237
do
do
do
3,925
3,490
1,259
3,931
3,512
1,269
3,986
3,542
1,264
4,027
3,566
1,281
4,057
3,598
1,272
4,112
3,643
1,255
4,109
3,651
1,250
4,028
3, 586
1,254
4,135
3,671
1,260
4,116
3,635
1,290
4,167
3,684
1,282
3,678
4,162
4,217
3,731
1,283
1,267
i 5, 175
2,584
880
545
336
Food group
_
Grocery stores
Gasoline service stations
U,280
' 4, 048 i 4, 440
' 3, 575 i 3, 954
' 1, 252 1 1, 356
do
do
do
Drug and proprietary stores
Eating and drinking places
1547
' 1, 171
Furniture and appliance group
Furniture, homefurnishings stores
Household-appliance, radio stores
Nondurable-goods stores 9
do
Apparel group
_ _.
_-do
Men's and boys' wear stores
do
Women's apparel, accessory stores
do
Family and other apparel stores
_ do
Shoe stores.
do
i 1, 063
1
11, 358
1,772
1,861
1,801
1,729
1,704
1,803
1,640
1,766
1,706
General-merchandise group 9
do
1,759
1,861
1,717
1,771
998
931
1,012
Department stores, excl. mail-ordercf1
do
1,008
129
124
132
130
121
119
Mail-order (catalog sales)
.do
121
121
125
126
119
130
130
316
292
302
300
276
285
293
Variety stores
do
305
302
278
289
290
295
350
342
352
362
354
354
356
Liauor stores
do
343
353
356
364
361
374
» Kevised.
* Advance estimate.
9 Includes data not shown separately.
cfData beginning January 1958 are on a revised basis, reflecting reclassification of certain stores to department stores; comparable data prior to 1958 are not available.
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
- DecemOctober N ovem
August September
ber
ber
Janu
ary
February
March
April
May
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted total
mil of dol
Durable-goods stores
do
Nondurable-goods stores
do
Seasonally adjusted total
Durable-goods stores 9
Automotive group
Furniture and appliance group
Lumber, building, hardware group
Nondurable-goods stores 9
Apparel group
Food group
General-merchandise group
Firms with 4 or more stores:
Estimated sales (unadjusted), total
24, 510
11, 220
13, 290
24, 440
11, 170
13, 270
23, 840
10, 970
12,870
23, 660
10, 880
12, 780
24, 040
10, 970
13, 070
24, 270
10, 690
13, 580
24, 500
10, 380
14, 120
25, 280
11, 060
14, 220
23, 430
10, 880
12, 550
23, 360
11,010
12, 350
23, 980
11, 220
12, 760
24, 690
11, 480
13, 220
24, 660
11,370
13, 290
do
do
do
do
do _
23, 670
10, 590
4,290
1,920
2,090
23, 950
10, 740
4,420
1,950
2,100
24, 090
10,800
4,460
1,970
2,100
24, 140
10, 850
4,440
1,960
2,130
24, 250
11, 040
4,620
1,990
2,090
24, 360
11, 120
4,690
1,950
2,100
24, 220
10, 950
4,460
1,950
2,100
24, 330
11, 220
4, 590
1,990
2,170
24, 470
11, 420
4,760
1,990
2,210
24, 460
11, 340
4,820
1,950
2,210
24, 290
11, 220
4,790
1,930
2,160
24, 100
11, 030
4,670
1,900
2,150
23, 940
10, 770
4,480
1,870
2, 130
do
do
do
do
13, 080
2,720
2,730
4,030
13, 210
2,730
2,790
4,060
13, 290
2,710
2,810
4,140
13, 290
2,730
2,830
4,140
13, 210
2,650
2,880
4,100
13, 240
2,690
2,860
4,090
13, 270
2,700
2,840
4,180
13, 110
2,640
2,830
4,150
13, 050
2,730
2,780
4,160
13, 120
2,820
2,840
4,090
13, 070
2,780
2,850
4,060
13, 070
2,720
2,910
3,990
13, 170
2,710
2,960
3,980
do
i 4, 066
4,202
4,125
3,894
4,284
3,942
4,236
4,432
5,508
3,763
3,353
3,928
4,059
Firms with 11 or more stores:
Estimated sales (unadjusted), total 9 §
-,_do
3,423
3,562
3,465
3, 276
3,670
3,345
3,604
3,806
4,722
3,210
2,864
3,364
3,484
Apparel group 9
Men's and boys' wear stores
Women's apparel accessory stores
Shoe stores
do
do
do
do
281
21
114
92
222
19
97
67
227
20
92
74
182
16
80
57
207
15
94
63
222
16
90
71
232
21
96
64
244
24
103
66
386
40
167
101
165
16
66
52
136
11
57
43
220
17
95
65
243
18
100
82
do
do
do
80
69
38
83
73
38
84
76
35
83
78
32
85
80
37
82
75
36
87
74
41
87
71
42
133
74
44
83
67
34
78
62
34
86
69
38
86
69
38
1,064
640
223
1,367
58
66
1,081
668
204
1,512
68
74
1,060
654
206
1,427
67
78
953
568
196
1,398
69
80
1,109
654
220
1,590
73
73
1,054
640
202
1,356
69
62
1,136
679
215
1,478
70
68
1,239
729
238
1,579
58
67
1,903
1,054
467
1,518
50
93
830
488
167
1,568
47
54
716
412
151
1,401
42
50
942
568
188
1,516
48
56
1,033
620
214
1,484
60
68
3,437
3,503
3,517
3,591
3,641
3,567
3,466
3,463
3,619
3,557
3,436
3,501
3,593
228
18
98
68
218
19
92
64
222
19
93
65
229
23
95
64
244
23
103
68
229
21
97
66
219
20
92
64
220
19
93
67
239
21
101
71
228
20
95
74
211
17
88
68
214
17
94
65
224
17
96
70
84
70
40
84
72
34
86
74
37
84
74
35
87
76
36
87
72
38
87
71
37
90
73
35
91
72
37
88
72
39
88
72
39
89
71
37
90
71
41
1,066
632
221
1,420
58
67
1,116
666
224
1,440
63
69
1,125
692
218
1,432
62
70
1,172
710
230
1,453
62
72
1,168
699
230
1,492
61
68
1,132
685
225
1,472
62
68
1,051
616
218
1,472
59
67
1,043
612
216
1,471
58
68
1,099
645
228
1,500
61
69
1,077
622
229
1,522
60
69
992
577
207
1,521
57
67
1,061
635
216
1,504
57
66
1,094
650
225
1,540
60
68
153
342
154
341
150
337
138
328
139
330
152
331
159
336
171
346
227
385
188
381
156
367
149
362
150
346
45
15
46
15
46
14
45
15
47
15
46
15
48
15
48
15
47
15
46
14
44
14
49
15
46
14
44
43
13
44
43
13
45
42
13
44
42
14
45
42
13
43
44
13
43
44
13
44
43
13
45
43
12
44
42
14
44
42
14
43
43
14
43
44
13
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores
-
General-merchandise group 9
>_ _ _ __do
Department stores, excl mail-order©
do
Variety stores
do
Grocery stores
do
Lumber, building-materials dealers
- do
Tire, battery, accessory stores
do
Estimated sales (seas, adj.), total 9 §
do
Apparel group 9
do
Men's and boys' wear stores
_ _
_do _
Women's apparel, accessory stores
do
Shoe stores _ _ _ _
_ _ ..do
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores
_
-
-do _
do
do _
General-merchandise group 9
_ _ _ __do
Department stores, excl. mail-order©
do
Variety stores
do
Grocery stores
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores. _
._do _
Department stores:
Accounts receivable, end of month: of
Charge accounts
1947-49=100
Installment accounts
do
Eatio 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.Sf
Atlanta
Boston
Chicago
Cleveland
Dallas
_
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St. Louis
_ _
San Francisco
1947-49=100
_
Sales seasonally adjusted, total U. Sf
do
do
do
do
do _
do
do
do
do
do
do
do
do
'130
132
131
111
127
139
134
162
241
100
95
116
p'123
' 161
121
124
126
'147
134
124
116
129
149
134
133
165
123
126
122
156
139
127
120
131
146
138
134
153
122
126
120
153
137
116
121
130
140
129
139
145
90
104
107
151
128
104
92
96
118
114
125
161
102
124
123
158
141
130
104
110
135
132
139
165
122
136
134
157
149
139
126
134
150
143
141
167
117
127
125
158
142
138
126
132
148
138
135
193
144
153
159
183
161
145
158
171
178
163
162
301
232
221
233
270
246
220
226
236
272
238
247
122
91
92
97
123
103
92
100
95
103
100
105
121
84
86
90
112
99
90
91
86
96
96
104
150
100
'107
108
137
121
109
113
118
126
117
115
P 153
p 109
P112
v 113
^143
P131
p 117
P 114
P 125
v 136
* 124
^130
131
135
138
138
144
136
129
133
138
130
124
131
*»-131
*
pl30
P133
174
159
175
179
175
'158
172
158
172
166
157
147
* 155
Atlanta
do
PlU
114
116
114
125
122
128
130
123
117
118
116
111
Boston
_ _
_
do
121
130
124
139
128
129
125
130
121
131
125
115
?118
Chicago
do
134
121
126
132
139
128
122
133
125
119
129
117
»121
Cleveland
-do
163
152
170
158
168
161
156
156
153
170
«• 150
143
» 151
Dallas
do
141
145
136
142
137
147
144
147
139
142
138
135
^136
Kansas City
_ _
_
do. -.
119
125
130
138
126
130
126
123
132
126
121
132
P120
Minneapolis
do
135
v 121
126
124
125
122
119
118
124
125
128
115
M27
New York
do 138
133
139
128
129
131
130
128
126
133
114
126
* 135
Philadelphia
_ _
do___
144
141
147
158
152
148
148
142
146
148
134
P147
138
Richmond
do
145
126
139
147
139
141
137
136
135
132
134
125
P130
St Louis
do_ -_
141
144
141
141
134
148
137
139
132
139
135
P142
137
San Francisco
do
p
Revised.
» Preliminary.
* Comparable data for the period prior to April 1957 are not available.
9 Includes data not shown separately.
§ Revised beginning January 1956 to include minor data not covered in earlier figures. Revisions for January-December 1956 and January 1957, respectively (mil. dol.): Unadjusted—
2,656; 2,680; 3,349; 2,974; 3,288; 3,445; 3,005; 3,321; 3,293; 3,412; 3,679; 4,652; 2,928; seasonally adjusted—3,172; 3,148; 3,221; 3,229; 3,305; 3,342; 3,383: 3,401; 3,395; 3,306; 3,415; 3,436; 3,383.
©Revised beginning January 1956 to reflect change in previous classification of certain stores to department stores in accordance with 1954 Census of Business; unpublished revisions
(January-May 1956) are available upon request.
c?Revisions for 1956 appear in corresponding note in the March 1958 SURVEY.
t Revised series. See corresponding note on p. S-ll.
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-ll
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
May
April
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued
Stocks, total U. S., end of month :f
Unadjusted
Seasonally adjusted
1947-49=100 _
do
Mail-order and store sales:
Montgomery Ward & Co
Sears, Roebuck & Co
thous. of dol
do
_
159
152
155
152
146
153
144
154
1
87,423 * 90, 275 1 82, 764 1 80 002
307, 394 338, 262 335, 812 308, 538
150
153
1
90 498
344, 491
160
154
174
154
172
155
188 603 1 107, 707
314, 876 329, 811
1
109,470 U49 473
344, 687 441, 531
139
146
132
147
135
150
1
60, 329
236, 560
1
55, 098
208, 771
r
147
P149
v 143
!42
1
1
71, 468 1 92, 615 89, 194
264, 740 303, 708 339, 121
WHOLESALE TRADE J
Sales estimated (unadi ) total
Durable-goods establishments
Nondurable-goods establishments
bil of dol
do
do
Inventories estimated (unadj ), total
Durable-goods establishments
Nondurable-goods establishments
do
do
do
11.3
4.3
6.9
12.8
6.7
6.1
11.6
11 0
6 7
11 4
4 3
71
11 7
4 3
74
11 2
7 2
12 6
12 5
12 5
12 8
6.7
6.6
58
59
12 7
66
61
4.4
6.7
59
4.2
4.2
70
6.7
61
12 3
4 5
7 g
11 1
39
71
10 7
37
7 0
10 4
35
6 9
9.5
3.2
10 2
35
68
10 7
6 3
12 9
66
63
13 0
6 6
6 4
12 5
6 4
61
12 5
6 4
61
12 4
12 2
12 0
60
59
57
6.4
3.7
70
6.4
6.3
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. Armed Forces overseas
thousands. _ 170, 510
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over, total- _
thousands. _ 120, 057
Not in labor force©
-
_ _
--
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
Manufacturing
Durable-goods industries
Nondurable-goods industries
Total, seasonally adjusted
Manufacturing
Durable-goods industries
Nondurable-goods industries
__
__
171, 510
171, 790
172, 069
172, 327
172, 554
172, 790
173, Oil
173, 210
173, 435
173,652
120, 383
120, 579
120, 713
120, 842
120, 983
121, 109
121, 221
121, 325
121, 432
121, 555
121, 656
121, 776
70, 714
72, 661
73, 051
71, 833
71, 044
71, 299
70, 790
70, 458
69, 379
69, 804
70, 158
70, 681
71, 603
__do_ __
do
do
do
do
66, 951
64, 261
5,755
58, 506
2,690
67, 893
65 178
6,659
58, 519
2,715
69, 842
66 504
7,534
58, 970
3,337
70, 228
67, 221
7,772
59, 449
3,007
68, 994
66, 385
6,823
59, 562
2,609
68, 225
65 674
6,518
59, 156
2,552
68, 513
66, 005
6, 837
59, 168
2,508
68, 061
64, 873
5, 817
59, 057
3,188
67, 770
64 396
5,385
59, 012
3,374
66, 732
62, 238
4,998
57, 240
4,494
67, 160
61 988
4,830
57, 158
5, 173
67, 510
62, 311
5,072
57, 239
5,198
68, 027
62, 907
5,558
57, 349
5,120
68, 965
64, 061
6,272
57, 789
4,904
..do __
50, 286
49, 485
47, 722
47, 528
48, 880
49, 797
49, 684
50, 318
50, 763
51, 947
51, 627
51, 397
50,975
50,173
52, 270
16, 822
9,927
6,895
52, 482
16, 762
9,895
6,867
52, 881
16 852
9,913
6,939
52, 605
16, 710
9,756
6,954
52, 891
16, 955
9,802
7,153
53, 152
16, 905
9,710
7,195
53, 043
16 783
9,687
7,096
52, 789
16, 573
9,584
6,989
53, 084
16, 316
9,405
6,911
50, 937
15, 877
9,111
6,766
50, 223
15, 603
8,875
6,728
833
835
858
857
862
853
837
829
825
803
784
do
do
do
do
Transportation and public utilities 9
do
Interstate railroads
do
Local railways and bus lines ___ __ __ __do. __
Trucking and warehousing
..do
Telephone
_.
do __
Telegraph
do
Gas and electric utilities
do
Finance, insurance, and real estate
Service and miscellaneous 9 - Hotels and lodging places
Laundries
Cleaning and dyeing plants
Government
171, 229
120, 199
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 ._
Wholesale and retail trade
Wholesale trade
Retail trade?
...
General-merchandise stores
Food and liquor stores
Automotive and accessories dealers
170, 981
69, 771
Total labor force, including Armed Forces© . do
Civilian labor force, total
Employed©
Agricultural employment
Nonagricultural employment
Unemployed©
170, 737
111
29
239
112
27
239
112
31
242
113
31
231
112
27
238
110
28
237
106
27
237
105
24
236
103
26
234
100
23
230
96
24
223
340
115
2,906
340
118
3,082
355
119
3,232
362
119
3,275
363
121
3,305
356
121
3,285
347
120
3,224
346
119
3,059
345
116
2,850
340
111
2,606
333
108
2,374
4,153
1,136
4,156
1,137
4,181
1,145
4,199
1,140
4,215
1,149
108
838
782
42
590
4,206
1,137
108
854
772
41
584
4,159
1 115
4,123
1 082
4,100
1 064
106
847
765
40
578
3,995
1,018
106
812
760
40
576
3,954
993
106
804
756
39
576
108
821
766
42
573
108
821
767
42
573
108
829
770
42
582
108
833
782
42
590
107
855
767
41
578
105
855
767
40
578
__do
do
do. do
do. ._
do
11, 428
3,114
8,314
1,402
1,603
796
11,411
3,113
8, 298
1,382
1,601
798
11, 505
3,140
8,365
1,380
1, 607
804
11, 493
3,166
8,327
1,347
1,606
807
11, 499
3,179
8,320
1,352
1,600
805
11, 620
3,180
8,440
1,419
1,614
801
11, 664
3,200
8,464
1,447
1,622
802
11, 840
3,210
8,630
1 556
1,650
810
12, 365
3 214
9,151
1 905
1,664
822
11,432
3,162
8,270
1 361
1,637
792
• 11, 244
3,137
8,107
1,291
1,640
778
..do
do
do
._ do. ._
do_ __
do
2,320
6,432
499
329
164
7,376
2,329
6,520
513
334
168
7,387
2,359
6,551
2,390
6,524
598
338
163
7,157
2,389
6,509
598
333
156
7, 157
2,361
6, 541
2,356
6,547
488
328
164
7 473
2,355
6,512
2,349
6 473
471
323
159
7 806
2,340
6 396
2,339
6,399
463
315
153
7,526
__do _ _
do __
do
do
52, 593
16, 965
9,928
7,037
52, 698
16, 946
9,915
7,031
540
337
168
7,343
52, 773
16, 924
9,907
7,017
52, 815
16, 880
9,869
7,011
52, 844
16, 836
9,844
6,992
527
330
161
7 381
52, 662
16 681
9,700
6,981
52, 469
16 604
9,649
6,955
480
325
162
7 498
52, 218
16 463
9,536
6,927
51, 980
16 265
9,370
6 895
459
320
157
7 488
51, 709
15 969
9,129
6 840
r
r
50, 158 r 50, 238 p 50, 496
15, 363 r 15, 113 f 15, 046
8,528 •p 8, 484
8, 707
' 6, 656 ' 6, 585 » 6, 562
r
r
r
770
»-94
20
>"209
326
T
110
2, 530
r
102
801
749
39
575
11, 239
126
113
1 305
1,636
768
r
3
r
8,
r
r
r
2, 344
6 436
462
314
155
r 7 557
T
11, 256
101
155
320
1, 631
••758
r
3
r
8,
r
1
T
r
r
v 746
p91
v 199
323
••112
*>114
2, 732 ? 2 949
'3,892
957
102
791
743
39
575
3,919
970
r
755
r92
23
217
2, 353
6 557
481
314
159
r 7 580
P3,883
p 11, 280
v 3 087
p 8 193
v i 332
p 1, 632
P756
p 2 364
P 6 624
v 7 604
r
51,055
50 585 P 50 700
50 719
15, 652 r 15 396 r 15 253 P 15 224
r
8,865 r 8, 683 r«• 8, 531 p 8, 502
6,787
6, 722 P 6,722
6, 713
r
P 754
r 763
841
854
861
853
843
Mining
_ _
do ._
849
837
825
784
821
803
770
3,059
3,097
3,108
3 061
3 032
Contract construction
do
3 028
r 2 811
T 2 876 p 2 964
2 896
2 682
3 013
2 956
2 923
3 939 r 3 899 P 3 886
4,164
4,160
4,159
4,168
4,184
Transportation and public utilities
do
4 175
4 148
4 113
4 076
4 000
4 055
11, 501
11, 579
11, 542
11, 636
Wholesale and retail trade
..
__do
11, 669
11, 620
11, 590
11 538 r H 421 r 11 369 P 11 410
11, 567
11 508
11 601
2,320
2,329
2 361
2,336
2,343
2,354
Finance, insurance, and real estate
_
do
2 361
2 368
2 363 r 2 356 r 2 353 P 2 364
2 367
2 364
6,400
6,454
6,424
6,492
Service and miscellaneous
do
6,477
6,482
6 512
6,508
6 530 r Q 501 r 6 524 P 6 526
6 527
6* 538
7,354
7,347
7.374
7.439
7,358
7.427
Government
do
7. 415
7.488
7.494
7.506 r 7. 525 r 7. 548 p 7. 572
7.440
r
1
Revised.
p Preliminary.
Net sales.
t Revised series. Indexes have been revised beginning January 1949 to reflect adjustment to Census of Business benchmarks for 1954 and the up-dating of the seasonal and Easter corrections. Unpublished data (prior to November 1956) are available beginning January 1947 in the December 1957 Federal Reserve Bulletin, pp. 1340-52.
t See corresponding note on p. S-3.
©Estimates beginning January 1957 reflect certain changes in definitions for employment and unemployment. For 1957 estimates based on the old definitions and comparable with figures
prior to 1957, see note in the December 1957 SURVEY and earlier issues.
$ Includes data for industries not shown separately.
SUEVEY OF CURRENT BUSINESS
S-12
June 1958
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT-Continued
Production workers in manufacturing industries:
Total (U S Dept of Labor)
thousands
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousands _ _
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
_-do_ _ _
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
thousands
Primary smelting and refining of nonferrous
metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equip.)
thousands. _
Machinery (except electrical)
do _ _
Electrical machinery
__do _ _
Transportation equipment 9
do
Motor vehicles and equipment^
do
Aircraft and parts
do
12 960
7,635
12 893
7 389
12 703
7 305
12 458
7,136
12 033
6, 850
67
66
11,777
6,631
631
339
623
331
602
323
581
313
558
300
548
296
1,077
1,061
1,049
1,029
1,004
297
414
957
293
403
911
543
541
534
523
509
493
463
53
53
52
51
51
50
49
887
1,239
869
1,207
878
1,180
878
1,186
889
1,166
887
1,141
868
1,122
1,415
1, 373
1,363
1,278
1,350
1,342
650
519
661
506
126
52
125
46
125
47
124
45
12 788
7 432
13 024
7 476
12 992
7,397
75
73
308
456
659
346
311
459
645
343
645
346
1,093
1,093
1,075
549
546
547
55
54
54
889
1,277
883
1,255
12 894
7,600
12 955
7 603
77
76
612
329
638
338
1,101
78
312
455
853
1,446
663
602
847
1,435
652
598
855
632
594
74
309
443
848
603
585
123
51
126
51
230
382
128
53
226
383
224
386
221
369
do _ _
do
do
do
do
do __
do
5,325
5,294
1,004
5,352
1,056
5,356
1,120
Tobacco manufactures
do
Textile-mill products 9
__do _ _
Broadwoven 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
74
919
407
192
73
911
402
193
73
913
401
197
1,069
467
1,039
465
1,045
469
555
544
207
174
133
556
535
206
175
133
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg Industries
Nondurable-goods industries
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
_
Beverages
do
do
do
do
_ _
990
253
69
135
168
113
231
559
549
208
173
133
191
71
334
219
253
72
136
169
121
230
204
85
325
214
258
76
164
172
127
233
317
459
861
610
574
319
461
879
531
561
125
52
70
317
456
869
1,321
590
549
124
50
225
395
222
394
5,548
1,194
5, 595
1,218
5,504
1,143
5, 398
1,073
71
895
396
191
90
911
400
197
98
912
399
197
94
906
397
195
1,024
459
1,084
465
1,084
469
229
229
1,075
470
552
529
203
175
133
553
530
201
175
133
563
533
200
175
133
197
78
333
219
200
84
332
219
852
223
405
263
70
313
172
125
227
312
448
225
407
259
75
292
173
125
261
77
221
173
130
68
264
67
229
172
122
229
567
532
197
173
131
307
435
824
65
' r11 549r r11 328
6, 477
6, 316
66
"•67
547
296
••288
'550
298
'884
'848
441
r427
410
47
45
43
833
1,097
800
1,072
••781
' 1, 053
'761
' 1, 027
1,276
1,214
r
' 1, 105
792
609
498
121
43
765
399
747
1, 157
'500
'490
554
491
121
41
120
40
281
399
729
457
486
P U 269
p 6 278
P66
P572
P282
p403
P842
P751
v 1, 006
* 720
p 1, 094
119
38
219
368
214
347
210
351
207
'350
'203
'346
P202
P342
5,322
1,032
5,183
5,146
r 5, 072
'947
'234
' 5, 012
'955
p 4, 991
P973
260
64
144
169
117
974
249
63
125
165
110
86
893
391
192
87
884
392
184
82
860
385
174
78
855
382
175
'844
'378
'837
P828
175
373
177
1,071
469
1,060
466
1,043
456
1,024
'448
'223
'995
'446
229
226
1,057
450
P988
p444
566
528
197
171
131
564
523
195
169
130
557
515
192
167
130
554
508
188
165
128
'555
'508
'184
163
128
'184
'553
'511
184
164
128
'175
P552
P498
266
65
162
171
120
229
956
239
63
124
165
109
64
'120
'164
112
'73
223
204
84
341
222
206
84
336
218
210
84
334
215
209
84
333
215
207
84
332
218
200
82
329
220
191
79
333
220
76
327
216
232
66
133
162
110
'70
223
72
306
202
P69
P163
P172
*303
Production workers in manufacturing industries,
seasonally adjusted:
Total
_ _ thousands.
Durable-goods industries
do
Nondurable-goods industries
do _
13, 094
7,637
5,457
13, 073
7,621
5,452
13, 026
7,598
5,428
12, 969
7,548
5,421
12,915
7,517
5,398
12, 775
7,388
5,387
12, 717
7,350
5,367
12, 597
7,258
5,339
12, 408
7,101
5,307
12, 119
6,866
5,253
11, 823
6,621
5,202
Production workers in manufacturing industries:
Indexes of employment:
Unadjusted
1947-49 =100- _
Seasonally adjusted
do
104.8
105.9
104.2
105.7
104.7
105.3
103.4
104.9
105.3
104.4
105.0
103.3
104.2
102.8
102.7
101.8
100.7
100.3
97.3
98.0
95.2
95.6
'93.4
'93.6
'91.6
'92.6
2, 175. 8
211.4
2 184.4
215.2
2, 192. 0
216.0
2 184 7
214.3
2, 152. 7
210.6
2, 128. 9
210.2
2, 121. 0
209.4
!2,443.4
i 211. 7
2,110.5
203.9
2, 113. 4
203.6
2, 114. 6
204.5
2, 123. 5
204.7
1,038
1,043
1,041
1,040
1,028
1,007
972
953
913
'888
p867
P855
P850
77.8
76.7
78.3
76.6
78.1
76.5
78.0
76.7
77.1
76.9
75.5
77.1
72.8
74.5
71.2
72.8
68.5
67.9
66.7
66.8
65.1
'65.6
P64.2
P65. 1
P63.9
p63. 1
161.5
161.0
163.8
160.5
164.7
164.7
162.6
160.9
157.4
149.3
145.0
39.8
39.7
40.0
39.7
40.0
39.9
39.5
39.3
39.4
38.7
38.4
38.6
38.3
40.5
40.3
40.5
40.0
40.3
40.2
39.8
39.7
39.7
38.9
38.6
39.0
38.8
41.4
40.7
40.7
40.0
40.1
40.1
39.9
40.0
40.8
41.3
40.6
'40.7
'40.7
40.0
39.7
39.7
40.4
39.8
40.2
40.0
39.2
40.8
39.6
40.7
39.9
39.7
40.9
40.2
39.4
38.8
39.3
40.4
39.7
41.1
40.5
40.7
40.9
39.3
39.0
39.2
40.9
40.8
39.4
40.2
39.8
40.7
40.6
38.5
39.1
38.8
39.7
40.1
38.2
39.0
38.4
39.9
39.8
38.1
38.5
37.9
38.5
39.3
37.2
38.7
38.1
38.3
38.7
36.8
'38.9
'38.6
38.6
r
39. 1
37.1
' 38. 7 p 39. 2
38. 5
'37.9
p 37. A
r
39. 1
p 39. 5
'37. 1
P37.4
39.5
39.2
39.8
39.4
38.7
38.8
38.0
37.7
37.2
36.4
35.7
36.4
36.6
40.7
40.9
41.0
40.5
40.4
40.3
40.1
40.0
40.3
40.0
40.2
'40.1
40.1
Miscellaneous employment data:
Federal civilian employees (executive branch):
2, 178. 5
United States continental
thousands
211.9
Washington, D C , metropolitan area
do
Railway employees (class I railways) :
1,024
Total
thousands-Indexes:
76.8
Unadjusted
1947-49=10077.9
Seasonally adjusted
do __
' 11, 579 r 11,457 p 11, 438
' 6, 456 ' 6, 318 p 6, 297
' 5, 123 ' 5, 139 p 5, 141
P91.2
p92. 5
PAYROLLS
Manufacturing production-worker payroll index, unadjusted (U. S. Dept. of Labor)
1947-49=100
r
143. 7
' 139. 8 p 139. 8
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries.
.hours
Average overtime
do
Durable-goods industries
_____
_ do _
Average overtime
_do_ _ _
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours_Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
_ do __
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
hours
Primary smelting and refining of nonferrous
metals
__
_
hours..
2.3
2.4
2.2
2.3
2.4
2.4
2.4
2.3
2.4
2.4
2.5
2.5
2.3
2.3
2.3
2.3
2.0
1.9
1.7
1.6
1.6
1.5
1.6
1.5
1.5
1.4
' Revised.
» Preliminary.
1 Includes Post Office employees hired for Christmas season; there were about 327,300 such employees in continental U. S. in December 1957.
9 Includes data for industries not shown.
(."Formerly "Automobiles." Data not affected.
P 38. 5
P 1.6
P38.9
pl.5
?40. 7
SUEVEY OF CUREENT BUSINESS
June 1958
S-13
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 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
All manufacturing industries— Continued
Durable-goods industries — Continued
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
hours..
Machinery (except electrical)
. - do
Electrical machinery
do
40.9
41.4
40.3
40.9
41.1
40.1
41.2
41.1
40.3
40.7
40.7
39.7
41.0
40.5
40.2
41.4
40.7
40.2
40.7
40.2
39.4
40.5
39.7
39.5
40.2
40.3
39.5
39.4
39.7
39 1
38.9
39.2
39.0
39.2
39.5
39.1
'38.9
'39.2
38.9
P39. 1
"39.2
"39.1
Transportation equipment 9
do Motor vehicles and equipment cf
- --do
Aircraft and parts
do
Ship and boat building and repairs
do
Railroad equipment
_
do
40.6
39.4
42.0
40.2
40.5
39.9
39.1
40.6
40.3
39.9
40.1
39.6
40.6
40.4
39.8
39.5
38.5
40.4
40.5
40.0
40.2
40.0
40.4
40.2
39.6
39.7
39.3
40.2
39.4
40.1
39.5
39.1
40.1
39.0
38.7
40.7
42.1
40.0
37.1
39.6
40.2
40.2
40.6
39.0
39.8
38.8
37.3
40.7
38.8
39.3
38.7
37.4
40.4
37.7
38.5
'39.4
'38.3
MO. 6
'39.5
'39.0
'39.4
38.5
40.4
38.9
38.5
v 39. 3
Instruments and related products
Miscellaneous mfg. industries
do
do _
40.6
39.9
40.2
39.8
40.5
39.9
40.1
39.5
40.0
40.0
40.4
40.3
39.9
40.0
40.0
39.7
39.8
39.7
39.6
39.3
39.3
39.0
71
' 39. 5
'39.0
P39.3
r> 39. 1
do__
do
do__
do
_ do__.
do
do..
do
38.9
2.2
40.0
39.9
41.9
37.4
40.2
39.8
38.9
2.2
40.4
40.7
42.6
37.8
40.4
40.1
39.2
2.4
40.9
41.1
43.1
38.0
40.9
40.6
39.4
2.5
41.5
40.8
43.7
41.4
41.0
41.4
39.5
2.5
40.9
40.2
42.3
40.7
40.6
40.7
39.6
2.6
41.2
41.1
42.2
41.0
40.3
40.1
39.0
2.4
40.2
40.7
41.6
38.2
40.0
39.4
38.8
2.4
40.4
41.1
41.4
37.2
40.0
39.1
39.0
2.2
40.7
40.6
42.0
38.0
40.1
39.6
38.4
1.9
40.2
39.8
42.1
38.0
39.8
39.2
38.1
1.9
39.7
38.7
41.8
37.3
39.7
39.0
38.1
1.9
39.7
'38.9
Ml. 3
37.2
39.8
' 39. 3
'37.7
1.7
'39.8
39.3
41.6
37.5
39.9
39.4
P37.9
pl.8
"39.8
do
. do_._
do
. do
36.8
38.6
38.8
37.0
39.1
38.4
38.6
36.8
38.6
38.9
38.9
37.3
39.6
38.6
38.8
37.2
38.4
39.1
39.3
37.9
39.8
39.1
39.4
37.9
38.3
39.1
39.5
37.8
37.5
38.6
39.0
37.3
39.1
38.9
39.5
37.1
39.0
37.6
37.9
35.6
37.8
37.8
38.0
36.2
'37.1
r
37. 6
37.8
36.5
'38.0
'36.6
36.7
35.3
*> 38. 8
^37.3
35.7
42.1
43.4
35.8
42.0
43.3
35.8
42.2
43.1
36.1
42.3
43.4
36.8
42.5
43.3
36.7
42.9
43.6
35.9
42.4
43.4
35.4
41.9
42.9
35. 2
41.9
48.2
35.1
41.4
42.7
35.1
41.1
42.2
34.7
Ml. 3
* 42. 3
'34.3
41.0
42.1
p 34. 6
MO. 6
38.5
41.2
40.9
41.2
41.4
40.0
40.1
36.9
36.5
38.4
41.2
41.0
40.9
40.9
40.0
40.1
36.3
35.6
38.4
41.2
41.1
40.9
40.9
40.9
41.4
37.8
37.4
38.3
41.0
40.9
41.5
41.4
41.3
42.5
38.1
37.9
38.5
41.0
41.0
40.6
40.0
40.9
41.0
38.1
37.8
38.7
41.2
41.0
41.5
41.2
40.6
40.3
37.2
36.6
38.4
41.0
40.8
40. 6
40.2
40.1
39.1
36.8
36.1
38.0
41.0
40.8
40.7
40.8
40.0
39.2
36.5
35.7
38.6
41.3
40.9
40.8
41.1
40.0
39.2
37.4
36.9
37.7
40.8
40.3
40.4
40.8
38.2
36.9
37.3
37.2
37.7
40.6
40.1
39.9
40.3
37.3
35.1
36.9
36.4
37.9
40.7
MO.O
40.2
40.6
38.0
'37.0
36.2
35.5
37.6
40.6
39.9
MO. 6
40.7
'37.6
36.2
'34.1
32.9
P 37. 6
P40.4
40.4
40.8
31.1
37.0
40.2
41.0
30.8
35.8
41.2
41.0
34.3
37.6
40.8
40.6
33.1
36.3
40.7
41.2
31.3
36.5
41.1
41.3
35. 3
36.9
40.3
39.8
31.5
36.4
39.0
39.4
28.9
33.5
39.7
39.8
26.5
35.5
38.9
39.7
30.4
34.0
38.3
39.5
27.5
33.1
'37.9
'39.2
25.0
'31.7
37.6
38.9
22.4
30.3
40.3
43.3
36.8
39.1
36.2
40.4
44.3
37.2
39.8
36.4
41.2
45.0
37.8
40.7
36.9
41.2
44.9
37.9
41.8
36.8
40.5
45.6
38.3
42.1
37.2
41.8
45.0
37.7
40.8
36.8
40.5
44.7
37.5
40.6
36.6
40.8
42.6
34.9
36.6
34.4
41.5
42.1
35.5
37.9
34.9
41.1
41.5
35.8
38.3
35.2
41.2
39.9
33.5
35.5
33.0
Ml.l
Ml. 2
' 35. 7
37.6
35.2
40.6
42.1
36.1
38.5
35.5
43.0
38.7
41.4
40.9
43.7
39.0
42.5
40.7
44.1
39.2
42.2
40.9
43.7
39.5
42.2
41.2
43.4
38.9
41.9
41.0
43.5
38.8
41.9
40.9
43 0
39.2
41.5
41.0
42.9
40.0
41.0
41.0
43.1
38.6
40.9
41.2
42.6
38.0
41.1
40.9
42.5
38.2
41.0
41.0
42.6
37.8
41.2
MOM
42.9
37.7
41.4
40.7
40.0
40.1
40.2
40.4
40.4
40.4
40.2
40.0
40.4
40.1
39.9
39.8
39.6
38.0
34.4
36.7
43.8
38.0
34.0
36.7
44.0
38.2
34.4
37.1
43.9
38.6
34.6
37.9
43.9
38.7
34.9
37.7
43.9
38.1
34.2
36.7
43.8
37.6
33.7
36.1
43.6
37.5
33.7
36.0
43.5
38.3
36.0
36.1
43.7
37.8
33.9
35.9
43.8
37.8
34.1
35.8
43.3
37.8
34.3
'35.8
43.7
37.8
34.2
35.7
43.8
40.2
40.0
40.2
40.4
40.3
40.3
40.2
40.4
40.0
40.3
39.8
38.1
40.6
39.4
37.6
40.1
39.6
39.2
40.0
39.4
38.9
40.0
39.0
38.0
39.9
39.5
38.4
40.0
39.0
37.9
39.8
38.6
36.5
'39.9
39.0
38,1
39.8
39.3
38.7
389
165
446
179
388
154
415
129
370
136
335
243
293
95
184
63
108
31
200
90
150
45
200
165
275
110
522
203
1,610
634
243
1,990
577
238
2,050
603
228
2,480
601
226
1,690
518
279
1, 730
471
159
1,410
340
109
765
220
54
404
300
110
750
275
70
500
300
200
1,200
375
160
1,250
480
534
528
533
536
561
540
406
360
355
312
332
404
1,099
1,475
3.6
1,001
1,350
3.3
881
1,251
3.0
1,267
1,285
3.1
842
1,151
2.8
1,032
1,167
2.8
1,193
1,237
3.0
1, 346
1, 513
3.6
2.024
2, 112
5.1
2,285
2,877
6.9
1,815
3,163
7.6
Nondurable-goods industries
Average overtime
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
__
Tobacco manufactures
Textile-mill products 9
Broadwoven fabric mills
Knitting mills
.
Apparel and other finished textile prod. .. do_-_
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* ._
.do
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 _ _ _
Nonbuilding construction
.
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
_
__do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade _ _ _ ..
__do __
Retail trade (except eating and drinking places) 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
U. S. Employment Service placement activities:
Nonagricultur al placements ..
thousands . _
Unemployment compensation, State and UCFE programs (Bureau of Employment Security) :
Initial claims
_.
.
thousands. _
Insured unemployment, weekly average
do
Percent of covered employment*
39. 4
39 2
1,795
' 3, 276
7.9
MO. 9
P37. 8
P34.8
1,983
3,302
7.9
Benefit payments:
1,199
1,172
1,311
1,022
1,061
Beneficiaries, weekly average
thousands. _
975
1,020
1,146
1,639
2,344
2,966
2,698
2, 967
Amount of payments
_
__thous. of dol._ 154, 329 145, 657 123, 540 130, 130 121, 333 113, 325 131, 832 136, 627 207,110 313, 012 320, 181 370, 248 403, 845
Veterans' unemployment allowances:
16
24
Initial claims _
thousands- .
18
21
20
16
18
21
28
37
31
30
27
34
33
39
34
Insured unemployment, weekly average
do
35
29
24
30
41
58
72
81
80
40
40
41
51
43
Beneficiaries, weekly average
do
39
28
32
46
66
82
96
96
4,222
5,155
3, 710
Amount of payments
thous. of dol_.
4,539
4,406
3,793
3, 013
3,104
6,924
4,574
7,546
9,285
9,833
r
Revised.
*> Preliminary.
9 Includes data for Industrie 3 not shp\>ra.
'Automo
biles."
JJ
^ormerly
cfl
ata not a lected.
i n / I T T^^V.
*New series. Monthly data for average weekly hours in the mining industry for January 1947-February
1957 are available upon request. Rate of covered employment expresses average
insured unemployment in each month as a percentage of average covered employment for the most recent 12-month period for which data are available (the lag for covered employment data
may range from 6 to 8 months); monthly data for January 1953-September 1956 are available upon request.
467401—58
5
SUEVEY OF CUREENT BUSINESS
S-14
June 1958
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
'2.4
'4.2
.2
'3.2
'.7
.2
April
May
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS-Continued
Labor turnover in manufacturing establishments:
Accession rate
monthly rate per 100 employees. .
Separation rate, total
*
do
Discharge
- do
Lay-off
do
Quit
--do
Military and miscellaneous
do —
2.8
3.3
.2
1.5
1.3
.2
3.0
3.4
.3
1.5
1.4
.3
3.9
3.0
.2
1.1
1.3
.2
3.2
3.1
.2
1.3
1.4
.2
3.2
4.0
.3
1.6
1.9
.3
3. 3
4.4
.2
1.8
2.2
.2
2.9
4.0
.2
2.3
1.3
.2
2.2
4.0
.2
2.7
.9
.2
1.7
3.8
.2
2.7
.7
.2
2.5
5.0
.2
3.8
.8
.3
2.2
3.9
.2
2.9
.7
.2
81.59
88.29
95.63
81.78
87.85
94.02
82.80
88.70
94.83
82.18
88.00
93.60
82.80
89.06
93.83
82.99
89.24
95.04
82.56
88. 75
94.96
82.92
88.93
96.00
82.74
88.93
98.74
81.27
87.14
100. 77
80.64
86.46
99.06
81.45
80.81 »81.24
87.75
86.91 * 87. 53
' 99. 72 ' 100. 53 v 100. 53
72.00
70.67
68.28
81.20
73.16
72.00
67.82
82.42
74.89
73.42
69.08
83.44
71.71
70.23
68.38
82.82
75.62
74.12
71.63
84.25
71.76
72. 13
72.39
84.86
73.97
72.44
72.04
84.85
71.94
71.00
69.48
84.21
71.37
69.50
70.62
83.18
69.30
67.08
67.38
82.14
70.05
67.82
67.79
80.88
' 70. 80 r 70. 82 P 72. 52
' 69. 09
68.53
68.32 ' 67. 08 v 65. 82
r
81. 33 ' 81. 33 " 82. 56
P2.4
*>3.9
P. 2
P2.9
p. 7
p.2
WAGES
Average weekly gross earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars. _
Durable-goods industries
do
Ordnance and accessories
do _
Lumber and wood products (except furniture)
dollars __
Sawmills and planing mills
do
Furniture and fixtures
do__
Stone, clay, and glass products _do
97.91
97.42
99.70
100. 44
99.82
101. 26
98.18
97.41
97.16
95.23
94.21
95.35
103. 89
102. 31
104. 67
107. 17
105. 65
107. 09
103. 74
102. 54
101. 18
100. 46
98.18
100.46
94.02
94.89
95.53
95.18
96.96
97.53
97.04
96.00
97.12
96.40
97.28
' 97. 04
87.94
94.39
83.02
88.34
93.71
82,21
89.40
94.53
83.02
89.13
93.61
81.39
90.20
93.15
82.81
91.91
94.42
83.21
90. 35
93.67
81. 95
90.32
92.90
82.95
89.24
94.30
83.35
87.47
92.90
82.89
86.36
92.12
83.07
87.42
93.22
83.67
do
do
96.22
94.17
94.56
93.84
96.24
97.42
95.20
94.71
97.69
98.80
97.66
99.43
97.57
99.31
101. 75
108. 62
99.70
100. 90
95.45
92.50
95.20
92.38
do
do
do
99.12
94.87
100. 44
94.60
96.32
98.55
95.00
96.15
99.10
94.94
97.20
100. 80
90. 15
97.28
99.79
95.68
96.53
103. 86
95.84
95. 55
99.46
96.40
90.15
102. 56
99.06
94.77
104. 67
98.90
93.90
102. 18
98.17
91.99
100. 10
do
_.do-._
85.26
72. 22
84.42
72.04
85.46
71.82
84.61
71.50
84.00
72.00
86.46
72.94
85. 39
72.40
85.60
72.25
85.57
72.65
85.54
72.71
84.89
72.15
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 equip.)
dollars. _
Machinery (except electrical)
do
Electrical machinery
__do_.
Transportation equipment 9
Motor vehicles and equipmentcf
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries
' 95. 35 P 96. 49
101. 83
96.64
' 87. 14 » 87. 58
' 92. 51 P 92. 51
83.25 v 83. 67
' 97. 32 ' 97. 32
' 95. 75 96.25
r
*>97.46
r 99. 06
98.58
' 96. 78 95. 69
102. 96 102. 80
r
85. 50
72. 52
' 86. 11
' 72. 15
* 85. 67
v 72. 34
r
v 73. 53
r 80. 00
73.53
73. 14
79.80 ' 80. 00
86. 75
87.25
' 78. 47 79.46
' 62. 50 65.25
77.21
77'.41
' 88. 03
88.26
72.74
77.20
84.99
75.84
62.83
74.37
87.16
73.13
78.38
86.28
77.53
62.75
75.55
88.62
74.09
78.94
87.13
78.87
61.18
76. 89
91.35
74.47
79.27
87.31
80.85
64.17
77.49
92.74
74.26
77.71
85.22
77.83
65.93
76.33
89.95
75.24
79.10
89.60
78.91
66.01
76.57
89.42
74.10
77.99
89. 13
77.38
62.65
76.40
87.47
74.50
79.18
90. 83
77.00
60.26
77.60
86.80
74.88
80.18
89.32
78.96
63.84
77.39
88.70
73.73
80.80
89.15
79.99
64.98
76.81
87.81
73.15
79.80
86.30
79.42
63.41
77.42
87.36
Tobacco manufactures _
do __
Textile-mill products 9
do
Broadwoven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars _ _
57.04
57.90
56.26
53.65
61.78
57.60
55.97
53.73
60.99
58.35
56.41
54.46
63.76
57.90
56.26
53.94
57.22
58.65
56.99
55.33
58.11
59.04
57.52
55.71
56.30
59. 04
57.67
55.19
58.13
58.29
56.94
54.46
60.61
58.35
57. 28
54.17
60.84
56.40
54.96
52.33
58.97
56.70
55.10
52.85
r
r
52.84
52.98
53.34
54.15
55.20
55.42
53.49
53.10
52.80
52.65
52.65
' 52. 05
' 51. 45
P 51. 90
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
84.20
92.44
84.42
92.23
85.67
93.53
87.14
95.48
87.55
95.26
89.23
96.79
88.19
96.35
87.15
95.24
87.15
95.90
86.11
94.37
85.49
93.26
'r 85. 90
93. 48
85.28
93.04
v 84. 85
95.87
89.40
95.30
96.38
90.64
96.35
96.38
91.88
97.82
96.13
92.25
98.16
96.64
92.25
98.40
97.91
92.70
98.81
97.15
91.84
98.33
96.14
92.66
98.74
98. 43
93.34
99.39
95.76
92.62
97.93
96.51
92.16
97.44
' 97. 40 ' 96. 26 9 96. 63
92.39
92.16 P 92. 52
' 97. 60 97.76
106. 71
110. 95
87.60
103. 46
56.83
54.39
106. 75
110. 84
88.80
103. 46
55.90
53.04
108. 79
113. 70
91.21
107. 23
58.21
55.73
111.64
115.92
94.16
112. 20
58.29
56.09
109. 21
111.60
92.84
107. 83
58.67
56. 32
113. 30
117.01
92.97
107. 20
57.66
54.90
110.03
113. 36
93.03
105. 18
57.04
54.15
111.11
115.87
93.20
106. 62
57.31
53.91
111.38
116.31
92.40
105. 84
57.97
55.35
110.29
115.06
87.48
98.52
58.19
56.17
108. 53
113. 24
85.04
93.02
57.56
54.96
109. 34 '111.24 pill. 25
114.09
115. 59
87.02 ' 85. 73 p 86. 56
' 98. 05 95.57
56.83 ' 53. 88 p 54. 98
53.96
50.01
101. 40
97.10
92.06
111. 74
100. 90
97.58
88.70
107. 76
105. 47
98.81
100. 50
114. 68
104. 86
100. 28
95.33
112.17
104. 19
101.35
91.08
110.96
106. 86
102. 84
105. 19
112. 91
103. 57
98. 31
93.87
110. 66
100. 23
96.53
84.68
102. 18
102. 03
97.51
77.91
107. 92
100.36
97.27
89.98
103. 36
98.81
96.38
81.40
100. 62
'r 97. 40
95. 26
73.25
' 96. 37
95.50
94.14
64.96
91.51
100. 75
84.87
104. 88
100. 88
105. 70
104. 23
87.71
106. 39
103. 88
107. 02
109. 18
90.45
108. 11
106. 63
108. 49
110.00
90.70
109. 15
110. 77
108. 93
106. 52
92.57
111.07
112.41
110. 48
113. 28
92.25
110.84
110. 16
111.14
106. 92
91. 19
110.25
109.21
110. 53
109.34
86.90
103. 30
98.82
104. 23
111.64
86.31
105. 44
102. 33
106. 45
110. 56
84.25
107. 40
103. 79
108. 06
110. 83 ' 110. 97
81.00 ' 83. 22
100. 84 ' 106. 74
96.21
101.90
101. 64 ' 107. 71
108. 81
85.04
107. 58
103. 18
108. 63
87.29
74.69
86.11
94.07
88.71
75.66
89.25
93.61
89.96
76.44
88.62
95.30
90.02
76.63
88.62
96.41
89.40
75.47
87.99
95.94
90.05
75.66
87.99
96.93
89.01
77.22
87.15
97.58
88.80
79.20
85. 69
97.99
89.65
77.59
85.89
98.88
88.61
76.38
85.90
97.75
88.83
76.78
86.10
98.81
89.03
76.36
86.52
r
97. 77
90.09
76.15
87.35
98.90
82.80
83.81
84.82
85.65
85.24
86.05
85.63
85.60
86.46
85.41
85.79
85.57
85.54
61.56
44.38
63.86
83.22
62.32
44.54
64.59
84.48
63.41
45.75
65.67
85.17
64.46
45.67
67.46
84.73
64.63
45.72
67.11
84.73
64.01
44.80
66.06
84.10
62.79
44.48
65.34
82.84
62.25
44. 15
65.52
82.65
62.43
46.08
65.34
82.16
63.88
45.77
65.70
82.34
63.50
45.35
65.51
80.54
63.13
45.62
r
65. 51
' 81. 28
63.50
45.83
66.05
81.91
Nondurable-goods industries _
Food and kindred products 9
Mi eat 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
do...
do
Nonmanufacturing industries:
Mining*
do
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars. .
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars. _
General-merchandise stores
do
Food and liquor stores
do
Finance, insurance, and real estate:
Banks and trust companies
Service and miscellaneous:
Hotels, year-round
_
Laundries
Clp.ftninp' and dvpinp1 nlnnt.s
r
59. 36
56. 40
54.81
53.29
' 62. 70 v 64. 02
' 54. 90 P 55. 58
52.85
51.89
do
63.78
63.67
63.80
64.52
64.31
64.48
64.74
64.64
65.15
65.56
65.60
' 65. 42
65.48
do. do
do
42.21
43.20
52. 26
43.23
43.93
52.79
43.42
44.04
52.40
43.93
43.38
49.91
44.25
43.34
48.88
44.11
43.96
51.35
44.00
43.73
51.35
44.40
43.29
49.78
44.69
43.85
50.30
44.40
43.68
49.27
44.58
43.23
47.09
' 44. 29
43.68
' 49. 53
44.18
44.41
50.70
Revised.
p Preliminary.
9 Includes data for industries not shown.
d1 Formerly "Automobiles." Data not affected.
*New series. Monthly data for January 1947-February 1957 are available upon request.
r
SURVEY OF CURliENT BUSINESS
June 1958
S-15
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
DecemOctober NovemAugust September
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
_ __ dollars
Excluding overtime J
do
Durable-goods industries
do
Excluding overtime t
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
2.05
2.00
2.18
2 11
2.31
2.06
2.00
2.18
2 12
2.31
2.07
2.01
2.19
2.13
2.33
2.07
2 01
2.20
2 14
2.34
2.07
2 01
2.21
2 14
2.34
2.08
2 02
2.22
2 16
2.37
2.09
2 03
2.23
2 16
2.38
2.11
2 05
2.24
2 18
2.40
2.10
2 05
2.24
2 19
2.42
2.10
2 06
2.24
2 20
2 44
2.10
2.06
2.24
2.20
2.44
2.11
2 06
2.25
2.20
2.45
2.11
p 2 07
2.24
p 2 20
'2.47
*>2. 11
1.80
1 78
1.72
2.01
2.46
1.82
1 80
1.73
2.02
2.46
1.84
1.84
1.74
2.04
2.48
1.82
1 81
1.74
2.05
2.53
1.84
1 83
1.76
2.06
2.54
1.84
1 84
1.77
2.08
2.57
1.84
1 82
1.77
2.09
2.55
1.84
1 83
1.75
2.10
2.55
1.83
1 81
1.77
2.09
2.55
1.80
1 77
1.75
2.09
2.56
1.81
1.78
1.77
2.09
2.56
"1.82
r
1 79
1.77
2.08
2.57
1.83
1.78
'1.77
2.08
'2.57
*1.85
2.63
2.61
2.63
2 72
2 73
2.76
2 73
2 72
2.72
2.76
2.75
2.76
2.77
2.31
2.32
2.33
2 35
2 40
2.42
2 42
2 40
2.41
2 41
2.42
2.42
2.41
2.15
2.28
2.06
2.16
2.28
2.05
2.17
2.30
2.06
2.19
2.30
2.05
2.20
2.30
2.06
2.22
2.32
2.07
2.22
2.33
2.08
2.23
2.34
2.10
2.22
2.34
2.11
2.22
2.34
2.12
2.22
2.35
2.13
2.23
2.36
2.14
'2.24
2.36
2.14
P2.24
*2.36
P2.14
2.37
2.39
2.36
2.36
2.48
2.10
1.81
2.37
2.40
2 33
2.39
2.47
2.10
1.81
2.40
2.46
2.34
2 38
2.49
2.11
1.80
2.41
2.46
2 35
2.40
2.52
2.11
1.81
2.43
2.47
2 38
2.42
2.52
2.10
1.80
2.46
2.53
2.38
2.45
2.59
2.14
1.81
2.47
2.54
2 39
2 45
2.57
2.14
1.81
2.50
2 58
2 41
2 43
2.59
2.14
1.82
2.48
2.51
2 44
2.43
2.63
2.15
1.83
2.46
2.48
2 43
2.42
2.60
2.16
1.85
2.46
2.47
2.43
2.44
2.60
2.16
1.85
'2.47
2.50
'2.44
2.45
2.64
2.17
1.85
2.47
2.50
2.44
2.46
2.67
2.18
1.85
»2.48
do
do
do
do
do
do
do
do
. do
do
do
do
do
1.87
1.82
1 . 93
2.13
1.81
1 68
1.85
2.19
1.88
1 83
1.94
2.12
1.82
1 66
1 87
2.21
1.89
1.83
1.93
2.12
1.83
1.61
1.88
2.25
1.89
1.84
1.91
2.14
1 85
1 55
1 89
2.24
1.88
1 83
1.90
2.12
1 84
1 62
1.88
2.21
1.90
1.84
1.92
2.18
1.87
1.61
1.90
2.23
1.90
1.85
1.94
2.19
1.86
1 64
1.91
2.22
1.92
1 86
1.96
2.21
1 86
1 62
1 94
2.22
1.92
1,86
1.97
2.20
1.88
1 68
1.93
2.24
1.92
1.88
2.01
2.24
1.90
1.71
1.93
2.24
1.92
1.87
2.01
2.23
1.90
1.70
1.95
2.24
1.93
1.88
2.01
2.23
.90
' .68
.94
' .24
1.94
»1.89
'2.01
2.22
1.91
1.74
1.94
2.24
pl.94
Tobacco manufactures
._
do
Textile-mill products 9
do
Broadwoven fabric mills
do
Knitting 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_do--_~
Chemicals and allied products
do
Industrial organic chemicals
do
1.55
1.50
1.45
1.45
1.58
1.50
1.45
1 46
1.58
1.50
1.45
1.46
1.61
1 50
1.45
1 45
1.49
1 50
1.45
1 46
1.46
1.51
1.46
1.47
1.47
1.61
1.46
1.46
1.55
1 51
1.46
1 46
1.55
1.50
1.45
1.46
1.56
1.50
1.45
1 47
1.56
1.50
1.45
1.46
' .60
.50
.45
.46
'1.65
1.50
1.44
1.47
p 1. 65
»1.49
1.48
2.00
2 13
2.49
2.17
2 33
1.48
2.01
2 13
2.51
2.20
2 35
1.49
2.03
2.17
2.51
2.23
2 38
1.50
2.06
2 20
2.51
2.25
2 40
1.50
2.06
2 20
2.51
2.25
2 40
1.61
2.08
2.22
2.53
2.25
2 41
1.49
2.08
2 22
2.53
2.24
2 41
1.50
2.08
2 22
2.53
2.26
2 42
1.50
2.08
2 22
2.55
2.26
2 43
1.50
2.08
2 21
2.54
2.27
2 43
1.50
2.08
2.21
2.56
2.27
2.43
'1.50
2.08
2.21
'2.57
2.27
2.44
'1.50
2.08
2.21
'2.56
2.27
2 45
"1.50
"2.09
Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
2.59
2.68
2.19
2.58
1.54
1 49
2.61
2.71
2.22
2.58
1.54
1 49
2.66
2.78
2.23
2.59
1.54
1 49
2.69
2.80
2.28
2.64
1.53
1 48
2.69
2.79
2.27
2.63
1.54
1 49
2.73
2.84
2.29
2.66
1.55
1.50
2.71
2.82
2.32
2.69
1.55
1 50
2.73
2.84
2.33
2.72
1.57
1 51
2.73
2.83
2.31
2.70
1.55
1.50
2.73
2.82
2.29
'2.67
1.56
1 51
2.72
2.81
2.28
2.65
1.56
1.51
2.72
2.81
2.29
2.65
1.57
1.52
2.74
2.84
'2.28
2.64
'1.58
1.52
2.51
2 38
2.96
3.02
2 51
2 38
2 88
3.01
2.56
2 41
2.93
3.05
2 57
2 47
2.88
3 09
2
2
2
3
56
46
91
04
2.60
2.49
2.98
3.06
2 57
2 47
2 98
3.04
2
2
2
3
57
45
93
05
2.57
2 45
2.94
3.04
2.58
2 45
2.96
3.04
2.58
2.44
2.96
3.04
2.57
'2.43
2.93
'3.04
2.54
2 42
2.90
3.02
2 50
1 96
2.85
2.58
2.92
2 58
1 98
2.86
2.61
2.94
2 65
2.01
2.86
2.62
2.94
2 67
2 02
2 88
2.65
2 96
2 63
2 03
2 90
2.67
2 97
2.71
2.05
2.94
2.70
3.02
2 64
2.04
2.94
2.69
3.02
2 68
2 04
2 96
2.70
3 03
2 69
2.05
2.97
2.70
3.05
'2 69
2.03
3.00
2.71
3.07
2.69
2.03
3.01
2.71
3.08
2.70
2.02
'2.99
2.71
'3.06
2 68
2.02
2.98
2.68
3.06
2 03
1 93
2.08
2.30
2 03
1 94
2 10
2.30
2 04
1 95
2 10
2.33
2 06
1 94
2 10
2.34
2 06
1 94
2 10
2.34
2.07
1 95
2.10
2.37
2 07
1 97
2.10
2.38
2 07
1 98
2 09
2.39
2.08
2 01
2.10
2.40
2 08
2 01
2.09
2.39
2.09
2.01
2.10
2.41
2.09
2.02
2.10
2.42
2.10
2,02
2.11
2.43
2.07
2.09
2.11
2 12
2 11
2.13
2.13
2 14
2.14
2.13
2.15
2.15
2.16
1 62
1 29
1 74
1 90
1 64
1 31
1 76
1 92
1 66
1 33
1 77
1 94
1 67
1 32
1 78
1 93
1 67
1 31
1 78
1 93
1 68
1 31
1 80
1.92
1 67
1 32
1 81
1 90
1 66
1 31
1 82
1 90
1.63
1 28
1 81
1.88
1.69
1 35
I 83
1.88
1.68
1.33
1.83
1.86
1.67
1.33
' 1.83
'1.86
1.68
1.34
1 85
1.87
1 05
1 08
1 30
1 07
1 09
1 31
1 08
1 09
1 31
1 09
1 09
1 31
1 09
1 10
1 30
1 10
1.11
1 31
1 10
1 11
1 32
1 11
1 11
1 31
1 12
1.11
1 31
1 11
1.12
1 30
1.12
1.12
1.29
1.11
1.12
'1.30
1.11
1.13
1.31
2.225
3 467
3.118
2.256
3 486
3.159
2.286
3 510
3.183
2.299
3 543
3.210
2.333
3 581
3.221
2.334
3 585
3.237
2.334
3.604
3.237
2.336
3 606
3.242
2.344
3.629
3.248
2.373
3.626
3.247
2.379
3.624
3.286
2.382
3.628
3.286
2.389
3.636
3.302
.92
2 212
1 82
2 236
2 272
93
2 249
1 88
2 263
2 284
.84
2 254
1 98
2 409
2 401
.97
2 385
1.96
2 445
Transportation equipment 9 __ _
Motor vehicles and equipment cf
Aircraft and parts
Ship and boat building and repairs
Railroad equipment.-Instruments and related products
Miscellaneous mfg. industries
Nondurable-goods industries
Excluding overtimej
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
..
do
do
do
do
do
do
do
Nonmanufacturing industries:
Mining*
do
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
do
Wholesale and retail trade:
Wholesale trade _
do
Retail trade (except eating and drinking places) 9
dollars
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, 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
Equipment operators*
do
Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
do
Road -building wages, common labor (qtrly) do
P2.25
»2. 47
J»l. 76
*>2.09
*2.58
P2.18
M.85
P2.01
J»2. 57
P2.29
J>2.72
*2.29
'1.58
2.411
3.643
3.336
.94
' Revised.
v Preliminary.
JData through 1956 shown in the 1957 edition of BUSINESS STATISTICS are based on adjustment factors; the 1956 figures therein have since been revised to reflect calculations from overtime
hours now regularly collected. Revisions for 1956 appear in the August 1957 SURVEY; the published estimates through 1955 are essentially comparable.
9 Includes data for industries not shown separately.
d"Formerly "Automobiles." Data not affected.
§ Rates as of June 1, 1958: Common labor, $2.440; skilled labor, $3.682; equipment operators, $3.359. Scattered monthly revisions for 1952-55 for skilled labor rates are available upon
request.
*New series. Average hourly earnings in the mining industry for January 1947-February 1957 are available upon request. Wage rates for equipment operators are arithmetic averages of
wage rates in 20 cities. The three types of equipment covered are tractors (including bulldozers, on 70-100 h. p. machines), power cranes and shovels (?A cubic yard), and air compressors; for
rates back to January 1956, see the December 1957 SURVEY.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
May
June
July
1958
October Novem- DecemAugust September
ber
ber
January
February
March
April
May
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol.
Commercial paper
. __.
do
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.:
Total
mil of dol
Farm mortgage loans: Federal land banks do
Loans to cooperatives
do
Other loans and discounts
do
1,018
984
483
979
454
1,000
459
1,227
501
1,197
501
1,225
516
1,224
560
1,307
551
1,422
654
1,523
776
1,529
862
1,479
3,185
1,836
411
938
3,234
1,855
389
990
3,287
1,870
384
1,033
3,327
1,877
409
1,041
3,345
1,887
420
1,038
3,354
1,896
430
1,027
3,354
1,904
451
999
3 329
1 908
452
969
3,339
1,919
454
966
3,363
1,925
456
982
3,404
1,934
442
1,028
3,464
1,947
428
1,089
3 527
1,958
do
do
do
192, 701
72, 328
40, 182
197, 257
71, 780
42, 128
193, 349
74, 512
39, 942
200, 559
74, 509
41,711
190, 539
68, 409
40, 194
189, 294
70, 953
39, 095
204, 168
77, 431
41, 761
189, 246
71,667
39, 012
220, 376
88, 584
43 692
212, 875 r!81, 703 r203, 844
84, 355 r 72, 803 r 84, 409
41, 992
36, 188
40, 363
204 100
85, 510
39 354
195 100
77 315
38 645
Federal Reserve banks, condition, end of month :
Assets, total 9
do
Reserve bank credit outstanding, total?
do
Discounts and advances
do
United States Government securities
do
Gold certificate reserves
do
51, 494
24, 960
829
23, 169
21, 635
51,618
25, 224
1,170
23,108
21, 932
51,362
24, 816
558
23, 035
21, 945
51, 753
24, 691
420
23, 355
21, 946
51, 626
25, 418
986
23, 539
21. 939
50, 884
24, 622
396
23, 312
21, 943
52, 035
25, 206
789
23, 338
22, 005
52, 562
25, 515
819
23, 733
22, 083
53, 028
25, 784
55
24, 238
22 085
51,428
24,352
217
23, 331
22, 104
51, 159
24, 330
122
23, 240
22, 099
50, 731
24, 570
137
23, 628
21, 804
51, 315
24, 672
156
23, 681
21, 409
50, 917
25, 313
144
24, 162
21 005
51,494
19, 983
18, 864
276
26, 323
51,618
20, 252
19, 049
698
26, 476
51,362
19, 630
18, 376
-167
26, 682
51, 753
19, 795
18, 630
110
26, 671
51, 626
20,079
18, 975
670
26, 861
50, 884
19, 426
18, 399
-295
26,829
52, 035
20 103
18,917
376
26, 834
52, 562
19 996
19, 274
696
27, 260
53 028
20 117
19, 034
—57
27, 535
51, 428
19 956
18, 958
415
26,711
51, 159
19 785
18, 667
481
26, 559
50, 731
19 650
18,r 532
675
26,537
51 315
19 516
18,r 254
623
26, 375
50 917
IQ 416
18, 176
v 649
26, 570
46.7
46.9
47.4
47.2
46.7
47.4
46.9
46.7
46.3
47.4
47.7
47.2
46.7
45.7
55, 149
54, 307
55, 550
54, 973
64,015
55, 805
65,464
56, 887
56,134
54, 943
' 54, 119
55, 699
55, 434
57, 383
4,439
3,214
57, 306
4,238
5, 004
58, 276
4,169
2,381
57, 374
3,878
2,647
57, 159
3,872
4,008
58, 495
3,857
1,683
68, 772
4,005
1,758
61, 887
4,331
2,458
57, 924
4,176
1,048
57, 040
4,141
2.308
r
r
56,070
4, 286
3, 092
57,863
4,937
3,945
56, 917
4,739
3 556
Bank debits, total (344 centers)
New York City .._
6 other centers cf
Liabilities, total 9
Deposits, total 9
Member-bank reserve balances
Excess reserves (estimated)
Federal Reserve notes in circulation
._
do
do
___do
do
do
Ratio of gold certificate reserves to deposit and FR
note liabilities combined.
percent_.
466
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted©
mil. of dol. . 56, 213
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doL- 58, 635
4,545
State sand political subdivisions
_._ do
2,822
United States Government
do
r
r
919
413
1,155
22, 114
22, 372
22, 484
22, 529
22, 612
22, 821
22,925
22, 716
23, 293
23,415
23, 967
24, 693
25, 212
25, 627
20, 870
1,063
13, 098
21, 082
1,111
12, 253
21, 171
1,125
13, 478
21,219
1,123
13, 352
21, 292
1,135
12, 836
21, 494
1, 143
13, 693
21, 635
1,111
13, 094
21, 487
1,060
12, 918
21,951
1,175
15, 211
22,062
1,216
13,293
22, 390
1,443
13, 639
23, 003
1,551
15, 155
23,367
1,703
14, 777
23, 701
1,781
14, 500
Investments, total
_
do
U. S. Government obligations, direct and guaranteed, total
_ _
mil. of dol
Bills
do
Certificates __
do
Bonds and guaranteed obligations
_ _ do
Notes
_
do
Other securities
do
33, 675
33, 486
33, 922
32, 797
32, 535
33, 335
33, 129
32, 743
34,329
33,942
35,080
36,842
39,488
40 032
26, 034
1,125
1,311
18, 458
5,140
7,641
25, 878
1,665
1,581
18, 394
4,238
7,608
26, 310
2, 334
1, 475
18, 272
4,229
7,612
25, 241
1,504
1,342
18,188
4,207
7, 556
24, 914
1,623
1,562
18, 107
3,622
7,621
25, 654
1,197
1,732
18, 166
4, 559
7,681
25, 191
1,156
1,600
18, 004
4,431
7,938
25, 010
1 007
1,713
17, 898
4,392
7,733
26, 423
1 888
1,752
18, 007
4 776
7,906
25, 923
1 431
1,799
18, 028
4 665
8,019
26, 856
1 552
1 119
19, 338
4 847
8,224
28,113
2 057
1 140
19, 965
4 951
8,729
30,548
2 146
1 169
20, 159
7 074
8,940
31, 093
1 964
1 298
20 564
7 267
8 939
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
53, 454
31, 450
2,113
52, 756
31,077
1,765
54, 282
32, 310
1,892
53, 568
31, 738
1,660
53,935
32, 012
1,810
54. 563
32, 331
2,021
53, 614
31, 756
1,642
53,329
31, 527
1,610
54, 658
32, 237
2,190
52,245
30, 638
1,645
52, 281
30, 448
1,882
52, 699
30, 842
1 983
52, 995
30, 185
2,749
52, 068
29, 795
2 204
1,173
8, 679
11,086
1,156
8,661
11,144
1,184
8,649
11,303
1,142
8,675
11,412
1, 120
8,696
11, 355
1,118
8,727
11, 427
1, 106
8,758
11, 411
1, 093
8 777
11, 385
1,154
8 761
11, 448
1,125
8 744
11, 226
1,178
8 742
11, 170
1,274
8 695
11 056
1,315
8 746
11, 157
1,288
8 821
11 118
Time, except interbank, total 9
do
Individuals, partnerships, and corporations
mil. of doL_
States and political subdivisions
___ do
Interbank (demand and time) .
do
Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
7 other northern and eastern cities
11 southern and western cities
percent
do
do
do
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
Yield on U. S. Govt. securities:
3-month bills
3-5 year taxable issues
4.40
4.23
4.39
4.65
4.83
4.69
4.85
5.01
4.85
4 71
4 86
5 05
4.49
4 29
4 49
4 77
do
do
do
3.00
4.20
5.04
3.00
4.22
5.08
3.00
4.25
5.17
3.00
4.29
5.17
3.50
4.36
5.21
3.50
4.45
5.25
3.50
4.49
5.38
3 00
4.68
5 63
3.00
4.70
5.63
2.75
4.55
5.63
2 75
4.42
5 50
2 25
4.10
5 38
1.75
4.00
5.21
do
do
3.20
3.63
3.25
3.63
3.36
3.79
3.38
3.88
3.78
3.98
3.83
4.00
3.75
4.10
3.50
4.07
3.35
3.81
3.06
3.49
2.30
2.63
1.80
2.33
1.52
1.90
1.30
1.71
do
do
3.113
3.48
3.042
3.60
3.316
3.77
3.165
3.89
3.404
3.91
3.578
3.93
3.591
3.99
3.337
3 63
3.102
3 04
2 598
2 77
1 562
2 67
1 354
2 50
1 126
2 33
1 046
2 25
17, 780
1,542
17,895
1,511
18, 058
1,462
18, 023
1,432
18, 064
1,407
18, 205
1,383
18, 207
1,362
18,323
1 344
18,588
1 328
18, 701
1 306
18, 780
1 288
r I 271
19, 009
19, 024
P 1 256
19, 128
P 1 240
41, 247
41, 937
42, 491
42, 668
43, 101
43, 270
43, 274
43, 530
44, 776
43, 966
43, 043
42, 562
42, 665
31, 786
32, 158
32, 608
32, 968
33, 303
33, 415
33 504
33 596
34 106
33 737
33 302
32 983
32 93°
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
14, 691
14, 883
15, 127
Automobile paper. _
_ _
do
15, 329
15, 490
15 556
15 579
15 496
15 326
15 542
15 122
14 889
14 788
8,165
Other consumer-goods paper
._
do
8,081
8,189
8,229
8,017
8 499
8,228
8,236
8 687
8 300
8 192
8 277
8 134
1,921
1,862
1,886
1,905
Repair and modernization loans
do_
1,954
1,969
1,984
1,963
1,988
1,996
1,936
1,915
1,914
7,411
7,529
Personal loans
_
do
7,216
7,308
7,630
7,662
7,701
7,949
7,938
7,758
7,967
7,987
8,096
r
Revised.
* Preliminary.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
©For demand deposits, the term "adjusted" denotes exclusion of interbank and U. S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of
loans to banks and deduction of valuation reserves (individual loan items are gross, i. e., before deduction of valuation reserves).
§For bond yields, see p. S-20.
IData are as of end of consecutive 4-week periods ending in month indicated, except June figure which is as of June 28 (end of consecutive 8-week period).
JRevised back to January 1955 to incorporate more comprehensive information now available. For revisions prior to October 1956, see the December 1957 Federal Reserve Bulletin.
SURVEY OF CUREENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-17
1957
April
May
June
July
1958
Septem- October Novem- DecemAugust
ber
ber
ber
January
February
March
April
28, 701
12, 421
9,200
2,506
3,290
1,284
May
FINANCE—Continued
CONSUMER CREDIT*— Continued
(Short- and Intermediate-term)
Total outstanding, end of month— Continued
Installment credit, total— Continued
By type of holder:
Financial institutions, total
._ _. mil. of dol
Commercial banks
__
__ do
Sales-finance companies
do
Credit unions
-do. __
Consumer finance companies
do
Other
__do
Eetail outlets total
Department stores
Furniture stores
Automobile dealers
Other
_-
_
_ _«
_
Noninstallment credit total
Single-payment loans
Charge accounts
Service credit
By type of holder:
Financial institutions
Retail outlets
Service credit
Installment credit extended and repaid:
Unadjusted:
Extended total
Automobile paper
_Other consumer-goods paper
All other
Repaid total
_Automobile paper
Other consumer-goods paper
All other
_
Adjusted:
Extended total
Automobile paper
Other consumer-goods paper
All other
Repaid total
Automobile paper
Other consumer-goods paper
All other
27, 864
12, 143
9.176
2,167
3.123
1,255
28, 263
12, 323
9,300
2,227
3,155
1,258
28, 726
12. 508
9,476
2,284
3,209
1,249
29, 014
12, 607
9, 565
2,344
3,234
1,264
29, 128
12, 656
9, 598
2.377
3.231
1,266
29. 241
12, 749
9,585
2,415
3,229
1,263
29, 239
12, 717
9,564
2,439
3,248
1,271
29, 375
12, 714
9, 573
2,472
3,332
1,284
29, 125
12, 611
9,464
2,446
3,320
1,284
28, 864
12, 415
9,405
2,451
3,306
1,287
28, 621
12, 310
9,284
»•r 2, 461
3 286
1,280
do
do__ _
do
do _ _
do. _
4,242
1,176
1,075
4,294
1,229
1,077
4,345
1,249
1,077
4,242
1,144
1,072
4.289
1,161
1,083
4,287
1,167
1,077
4,263
1,134
1,080
4,357
1,199
1,092
4,730
1,393
1,146
4,612
1,381
1,108
4,438
1,326
1,079
4,362
1,343
1,045
4,231
1,241
1 033
1,486
1,478
1,501
1,501
1,515
1,510
1,516
1,535
1,662
1,601
1,519
1,470
1,459
do
9,461
9,779
9,883
9,700
9,798
9,855
9,770
9,934
10. 671
10, 229
9,741
9,579
9 733
do
do
do_ _ _
3,374
3,735
2,352
3,582
3.834
2,363
3, 530
3, 948
2.405
3,406
3,886
2,408
3,458
3,925
2,415
3,493
3,942
2,420
3, 405
3,991
2,374
3,458
4,135
2,341
3,502
4,760
2,409
3, 514
4,264
2,451
3,542
3,710
2,489
3,542
3,528
2,509
3,501
3 694
2 538
do
do
do
3,374
3,735
2,352
3,834
2, 363
3,530
3,948
2,405
3,406
3,886
2,408
3. 458
3, 925
2,415
3,493
3,942
2,420
3,405
3.991
2,374
3,458
4,135
2,341
3, 502
4,760
2,409
3,514
4,264
2,451
3,542
3,710
2,489
3,542
3,528
2,509
3,501
3, 694
2 538
3,674
1,494
3,837
1,563
3, 545
1,404
3,164
1,104
3,345
1,222
1,097
1,165
4,069
1,305
1, 333
1.431
2,754
1,020
1,279
3,439
1,250
1,020
1,169
3,108
1,190
1,182
3,704
1, 467
1, 022
1,215
3,388
1,364
1,225
3,748
1, 513
1,016
1,219
1,119
1,017
1,158
1,249
do
do
do
do
3, 332
1,305
3,376
1, 321
3,224
1,250
3,477
1,361
3,369
1,306
3,276
1,298
3,456
1,381
3,347
1,287
3,560
1,351
3,476
1,360
3,189
1,224
3,483
1,337
3,396
1,323
1,100
1,103
1,060
do
_ do
do_ _
do
3,470
1,371
3,535
1.363
do _.
__do
do
do
_
--
27, 544
11, 981
9,104
2,127
3,105
1,227
___
do
-do
do
do
505
3,594
1,468
901
927
510
952
518
998
914
1,162
1,177
3,547
1,356
1,007
1,184
3,284
1,294
3,313
1,305
3,339
1,289
937
908
995
919
951
525
995
533
530
927
533
976
956
529
799
514
717
939
504
902
874
1,145
1,081
1,050
1,107
1,104
1,263
1,129
1,026
1,159
1,141
3,599
1,381
3,546
1,392
3,541
1,435
3,559
1,404
3, 615
1,423
3,504
1,346
3,235
1,179
3,193
1,077
3,278
1,161
1,219
3,591
1, 355
1,027
1,209
1,181
1,194
1,191
1,233
1,218
1,156
1,135
1,203
3,382
1,317
3,343
1,276
3,418
1,318
3,358
1,317
3,394
1,292
3,498
1,368
3,421
1,368
3,401
1,317
3,373
1,300
3,401
1,338
964
973
976
990
912
945
964
981
959
978
987
940
925
900
966
987
498
928
999
946
522
982
971
968
531
981
952
932
914
921
1,082
1,089
1,099
1,101
1,091
1,110
1,096
1,121
1,152
1,128
1,118
1,121
1,142
6,142
4,256
7,759
5,282
12,819
11, 688
3,734
3,057
6,475
5,128
8,109
7,225
65
6,611
5,956
5,243
4,786
7,756
6,299
65
3,796
3, 131
5,845
4,827
70
58
11, 182
9,501
6,039
3,496
69
2,658
6,538
3,584
1,237
1,189
6,122
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts net
Customs
--
--
mil of dol
do
do__ -
Individual income taxes _ _
Corporation income and profits taxes
Employment taxes
Other internal revenue and receipts
Expenditures total
Interest on public debt
Veterans' services and benefits
Major national security 9
All other expenditures _
..
-
_do __
do
do _
do
-
do
do _
do
do __
do--__
1
T
' rece
p iv^fthlp
ixjans
e, total ^MP«N rp^prvp*? )
To aid homeowners
Foreign loans
All other
Commodities supplies and materials
U S Government securities
Other securities and investments
Land structures and eouipment
All other assets
Liabilities except interagency total
Bonds notes and debentures
Other liabilities
.Private proprietary interest
U. S. Government nromietarv interest
r
1,537
3,512
2,477
2,277
3, 034
4,741
1,214
1,391
1,158
1,363
1,270
1,302
1,249
5. 667
6,501
5,806
5,809
6,011
5,528
5,749
3,700
1,739
3,506
1,231
3,752
958
3,765
1,120
3, 590
931
3,589
1,086
903
3,672
1,029
273, 845
272, 018
225, 308
46, 709
1,828
274, 412
272, 688
226, 467
46, 221
1,724
274, 067
272, 406
226, 338
46, 068
1,661
274, 747
273, 132
227, 146
45, 986
1,615
274, 898
272, 874
227, 075
45, 799
2,024
274, 555
272, 777
227, 307
45, 470
1,777
274, 679
272, 959
227, 000
45, 959
1,720
272, 624
270, 948
225, 137
45, 810
1,676
3,646
4,587
502
4,071
6,722
1,316
3,806
1,278
1,314
1,293
355
3,986
2,304
1,378
1,441
1,003
1,245
5,987
5,944
6,279
6,347
5,930
628
382
4,011
659
377
3,869
1,027
4,114
1,115
3,628
1,683
3,989
275, 234
273, 074
226, 937
46, 137
2,160
270, 527
268, 486
221, 658
46, 827
2,042
272, 469
270, 595
224, 272
46, 323
1,874
520
633
604
419
953
604
444
58
589
641
409
541
366
540
630
362
429
363
641
421
367
740
636
432
63
432
674
426
486
385
693
433
406
606
429
69
680
616
432
68
476
722
613
275, 057
273, 447
228, 004
45, 443
1,610
275, 653
274, 030
227, 915
46, 115
1,622
103
107
107
109
115
103
104
104
101
103
104
94
97
55, 586
54, 996
54, 631
54, 364
54, 105
53, 799
53, 533
53, 209
52, 846
52, 754
52, 663
52, 550
52, 462
394
737
362
1,076
do
do
do
i gg 058
20 982
6 830
4,380
8 300
2,305
do
do
do
do
do
21 450
3 881
3,725
9 977
9,042
do
do
do
do
do
i 6, 879
3,559
3 320
i 1, 037
i 61, 142
do
67
64
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total _
do _ 274, 008
Interest bearing, total
__
do__ - 272, 066
Public issues
do __ 226, 915
Special issues
_ __ _
do _ _ 45, 151
1,942
Noninterest bearing
do
Obligations guaranteed by U. S. Government, end
103
of month
mil. of dol
U. S. Savings bonds:
Amount outstanding, end of month
do ___ 55, 836
390
Sales series E through K §
_____
do __
707
Redemptions
do
Federal business-type activities, end of quarter: d"
76
65
400
890
392
750
362
713
1
337
729
334
694
368
813
70 175
21 323
6 469
4,680
8,316
2,358
i 71, 139
22 395
6,688
4,769
8,754
2,552
21 514
3 762
3,725
9 974
9,878
21, 628
3,804
3,718
9,962
9,632
1
6, 341
3,712
2,629
1
1, 056
i 62, 778
510
998
407
590
418
600
398
605
368
506
i 7, 627
4,710
2,916
i 1, 121
i 62, 391
Revised.
*> Preliminary.
1 See note marked "d"".
t See corresponding note on p. S-16.
9 Includes data for defense support beginning January 1957.
§ Effective May 1957, for series E and H (series J and K discontinued after April 30,1957). Data through February 1958, however, include minor amounts due to late reporting or adjustments on discontinued series (F, G, J, K).
cfFigures are not directly comparable from quarter to quarter, since activities covered vary. Data reflect the condition of activities (public-enterprise and intragovernmental funds, certain
other activities of the U. S. Government, and certain deposit and trust revolving funds) reporting to the Treasury under Department Circular No. 966; excluded from the data are activities
(with total assets of $23,612 million) reporting as of June 30,1957, pursuant to Supplement No. 1. Interagency items are excluded except in the case of trust revolving funds.
SURVEY OF CUEEENT BUSINESS
S-18
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1058
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
F
U
ary ~
Marcb
April
May
FINANCE— Continued
LIFE INSURANCE
Institute of Life Insurance :t
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
Nonfarm
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
Middle Atlantic
East North Central
West North Central
South Atlantic
East South Central
__
_ _ _
do
do
do __
do
do _ _
do
West South Central
do
Mountain
_ _
_ _ __ do
Pacific
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
mil. of dol
Death benefits
do
Matured endowments
do
Disability payments
do
Annuity payments
Surrender values
Policy dividends
Life Insurance Association of America:
Premium income (39 cos.), quarterly total
Accident and health
Annuities
Group _
Industrial
Ordinary
do
do
do
97, 488
97, 868
98 239
99 005
99 374
99 812
100 597
101 043
101 672
102 000
102 385
102, 717
49, 767
7,430
2,264
14, 157
3,838
19, 314
49 899
7,340
2,290
14, 182
3,843
19, 442
50 014
7,270
2,290
14 259
3,841
19, 541
50 480
7,306
2,323
14 339
3,837
19, 844
50 604
7 268
2 333
14 375
3 842
19, 932
50 755
7 224
2 340
14 426
3 843
20, 076
51
7
2
14
3
20
005
233
352
504
845
222
51 122
7 135
2 362
14 553
3 845
20 368
51 237
6 950
2 375
14 602
3 846
20, 594
51 681
7 113
2 418
14 638
3 839
20 784
51 809
7 124
2 426
14 657
3 838
20 858
51 933
7,002
2,448
14 708
3 838
21,007
52, 175
7,009
2,460
14. 742
3,835
21, 173
2,951
1,629
1,303
33, 840
31, 334
2,958
1,630
1,309
34, 022
31, 498
2,956
1,620
1 317
34, 159
31 620
2,993
1,622
1 350
34, 356
31 794
3 018
1 622
1 375
34 547
31 978
3 010
1 624
1 365
34 697
32 122
3 021
1 630
1 370
34 859
32 274
3 028
1 626
1 381
34 986
32 396
3 007
1,626
1 357
35 230
32 640
2 997
1 622
1 356
35 410
32 816
3 004
1 623
1 362
35 529
32 926
3 077
1,634
1 422
35 663
33 049
3,084
1,638
1,423
35, 773
33, 142
2,907
3,606
1,080
3,337
2,948
3,633
1,058
3,350
2 983
3,657
1,118
3,352
3 004
3,703
1,113
3,356
3 032
3 731
1 083
3 359
3 059
3 764
1,128
3 399
3 085
3 802
1 112
3 340
3 113
3 833
1 126
3 389
3 134
3 863
1,264
3 308
3 156
3 896
1 170
3 362
3 187
3 927
1 113
3 431
3 214
3 962
1 132
3 404
3,244
3,996
1,114
3,331
5,907
1,510
569
3,828
6,224
1,680
574
3,970
5,545
1,365
521
3,659
5,281
1,090
4 963
492
3,699
759
515
3,689
4,602
672
517
3,413
5,732
1 244
510
3,978
5,469
1 181
465
3,823
6,727
2 109
454
4,164
5,402
1 554
428
3,420
4,860
944
459
3,457
5 688
1 319
509
3,860
5,436
964
509
3,963
241
949
788
282
450
168
255
983
843
309
458
173
234
898
731
297
445
158
232
910
770
306
428
156
225
880
784
298
436
159
200
805
725
273
433
152
244
977
826
316
477
165
246
979
796
292
455
157
292
957
861
327
481
169
249
839
688
273
398
137
254
820
676
286
404
147
272
923
767
309
461
167
274
956
776
308
486
174
323
135
412
348
150
452
332
136
427
333
145
419
332
138
437
320
130
374
364
154
455
331
146
421
384
175
518
321
127
388
333
134
403
362
148
451
379
158
452
•• 560. 7
228.1
63.5
'9.7
551.5
233.6
63.2
9.4
515.6
196.4
56.7
551.2
233.4
54.7
9.3
9.6
525.3
222 1
55.4
9 7
496.9
202 4
53.0
91
587.1
248 8
64 0
10 2
525.2
222 4
57.8
9 2
681.2
255.4
67.2
8.8
652.5
258.1
67.7
11.4
567.9
239.7
58.2
9.8
641 5
262 7
61 2
10 0
624.2
259.2
60.7
10.6
44.1
110.6
104.7
44.6
108.7
92.0
45.0
102.2
106.0
46.5
107.5
99.5
44 7
105.7
87.7
42 6
92.5
97.3
47 6
118 3
98 2
44 8
101.7
89.3
40.3
119.1
190.4
67.1
119.3
128.9
48.7
111.2
100.3
49 9
126 6
131.1
49.4
132.7
111.6
do
do
do
do
do
do
2, 389. 7
410.0
241.7
266.4
202.7
1, 268. 9
100 224
2, 839. 3
474.9
365 6
297.4
254 3
1, 447. 1
2, 476. 7
413.6
297.1
283.5
204 7
1,277.8
2, 669. 9
441 1
344 0
312 3
232 9
1,339 5
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
22, 318
-5.8
189
22, 620
285.4
144
22, 623
-6.0
304
22, 627
-.8
168
22, 626
-11.4
163
22, 635
-9.0
22, 691
36.9
358
172
r
22, 394
-252. 0
18, 978
22, 686
-167. 6
2,278
41, 149
53, 900
12, 900
5,500
13, 200
4,400
12, 500
4,400
13, 700
4,300
22, 781
42, 074
206
22, 784
-37.3
551
45, 588
22, 763
-31.2
2.0
140
228
6,206
20, 967
20, 121
10, 265
2, 825
28, 738
19, 290
42, 956
78, 200
Production, reported monthly total 9
do
54, 000
Africa
do
Canada
do
12. 900
4,700
United States
do
Silver:
1,183
Exports
do
Imports
do
7,958
.914
Price at New York
dol per fine oz
Production:
2,226
Canada
thous. of fine oz
Mexico
do
3,217
3,735
United States
do
Money supply (end of month):
30, 519
Currency in circulation
mil of dol
228,200
Deposits and currency, total
do
3,200
Foreign banks deposits, net
do _ 5,500
U. S. Government balances
do
78, 800
55, 300
13, 100
5,000
77, 700
54, 800
12, 600
4,900
80, 800
56, 400
12, 800
5,800
80, 000
56 100
12, 600
5,800
79, 500
55 500
13, 100
5 700
82, 000
56 000
13, 900
6,500
54 800
13, 100
5,100
1,326
5,943
.913
1,045
10, 820
.905
16, 241
.903
465
471
7,993
.906
681
5,786
.906
493
319
16, 695
.909
33, 226
.904
26, 963
.898
16, 934
.894
25, 609
.886
24, 413
2,111
4,336
2,486
2,209
3,793
3,386
2,383
2,842
2,859
2,592
4,628
2,500
2,382
4, 156
2 937
2,817
4,719
3 334
2,567
4, 218
2 731
2,538
3,142
3 029
2, 530
4, 062
3,520
2,309
4,583
3, 589
2,458
30, 836
228, 200
3,200
6,600
31, 082
229, 100
3,400
6,100
30, 933
229, 300
3,300
5,000
31, 133
229, 000
3,200
5,700
31, 073
229, 500
3,300
5,300
31, 090
231,100
3,300
4,800
917
507
r
168
314
886
2 465
21, 996
-471. 5
62
26,097
171
12, 322
.886
886
3,123
31, 834
30, 554
30, 576
31, 661
30, 666
30, 565
P231, 800 P232, 500 P235, 500 P239, 100
231, 000 ••236,372
P3, 700
p3, 900 P 4, 000
3,200 rr 3, 270 P 3, 300
p4, 900
5, 421 P 3, 700
p7, 100 P 6, 700
4,500
219,600 218,400 219, 700 221, 000 220, 000 220, 900 223,000 223, 300 r 227, 681 p224, 800 P223, 900 p224, 500 P228, 400
Deposits (adjusted) and currency, totalU
do
107, 300 104, 800 105, 600 106, 600 105, 100 105, 500 107,200 107, 200 '110,254
P107, 600 P105, 600 pl04, 600 P107, 200
Demand deposits, adjusted^
_ do
r
85, 700
86, 400
86, 700
84, 900
89, 126 P 89, 800 P90, 900 p92 500 P 93, 600
87, 100
Time deposits, adjusted^
do
88, 100
87 700
87, 600
27, 800
27, 900
27, 800
27, 800
Currency outside banks
do
27, 400
28, 500 r 28, 301 P 27, 300 P27, 400 p27, 400 P 27, 600
27, 800
27, 800
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
51.4
49.5
51.2
58.9
54.6
56.2
44.7
55.4
46.9
47.1
52.2
49.9
56.6
51.2
New York City
ratio of debits to deposits. .
30.4
30.3
30.5
29 6
32.2
30.0
30.1
30.6
28.5
31 4
30.5
31.3
P30.3
6 other centers cf
do
P 28 2
23.2
22.9
23.1
23.6
24.7
23.3
'22.2
22.4
22.1
24.1
23.5
P22.5
P22.0
337 other reporting centers
_.do
22.7
r
Revised.
P Preliminary.
j Revisions for assets of all life insurance companies for January-July 1956 will be shown later; those for insurance written for 1956 are shown in the SURVEY beginning with the July 1957
issue.
©Data for January 1956-April 1957 include revisions not distributed by areas; revised area data for 1956 will be shown later.
§ Or increase in earmarked gold (—).
9Includes data for the following countries not shown separately: Mexico (through April 1957 only); Colombia; Chile; Nicaragua; Australia, and India.
\ The term "adjusted" denotes exclusion of interbank and U. S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-19
1957
April
May
June
1958
DecemAugust SeptemOctober November
ber
ber
July
January
February
March
April
May
FINANCE—Continued
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):
Net 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
Chemicals and allied products
do
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 S-24).
4,072
258
65
3,737
320
72
3 530
40
130
469
671
170
139
377
42
128
446
642
176
118
293
27
114
424
747
153
104
267
178
428
226
179
339
209
96
253
221
139
386
395
121
233
419
123
346
345
1,817
1,766
2 176
327
326
357
261
50
421
SECURITIES ISSUED
Securities and Exchange Commission: J
Estimated gross proceeds, total
By type of security:
Bonds and notes, total _ _ .
Corporate
Common stock . .
Preferred stock
By type of issuer:
Corporate, total 9
Manufacturing
Mining
Public utility
Railroad
Communication
Real estate and financial
mil. of dol
do
do
do
do
do
do
do
do
do
do
do
' 2, 371
' 1, 777 ' 2, 349
' 2,r 060
655
••264
'47
' 1, 667 ' 1, 867 '
'685 ' 1 013
'85
'416
25
66
r
966
'338
'10
r
367
28
'51
'94
' 1, 982 ' 1 944 ' 3, 975 ' 2, 705 ' 3, 022
'796 ' 1 495 ' 1 028
' 140
'258
'641
11
'43
20
'364
'439
248
54
25
23
83
54
' 138
'76
' 181
'348
Noncorporate, total 9
do
' 1, 405
'981
U. S. Government
do
390
394
State and municipal
do
539
763
New corporate security issues:
Estimated net proceeds, total
do
'947
' 780
Proposed uses of proceeds:
New money, total
do
'871
'703
Plant and equipment...
__ .
do
'663
'546
Working capital
do
' 157
' 208
Retirement of securities.
do
' 16
15
Other purposes
do
' 62
' 59
State and municipal issues (Bond Buyer) :
Long-term
thous. of dol_. 763, 411 538, 533
Short-term
__ _ _
_ _ do
204, 961 337, 264
854
362
388
954
400
516
' 1, 467
' 1,011
' 1, 373
' 1, 029
'344
' 15
' 79
' 2 681
1, 730 ' 1, 837 ' 3, 858 ' 2, 536 ' 2, 849 ' 2 328
'775
'671
' 840
'907
'944
' 761
r 343
'231
'97
' 76
' 101
' 150
'21
31
'19
24
68
' 11
' 941
'534
'407
'8
' 61
r 947 ' 1 023 ' 1 113 '844
r 224
'247
'328
' 133
' 25
22
' 16
'37
r 254
r 424
302
'339
24
15
18
16
129
66
372
93
'228
'84
' 161
' 130
997
392
595
2,952
2 262
437
1 592
894
683
r 1 H4
r 592
14
' 175
27
41
'93
2,178
1 374
1 567
925
640
639
3 473
2 487
' 3 959
6,899
3 401
744
44
28
2 220
607
182
85
' 3 830
1 494
61
69
6,769
1 121
89
41
816
155
14
326
69
86
111
875
180
18
373
17
36
211
1 623
240
22
415
40
800
50
1 251
651
39
318
20
78
67
2 657
511
782
1 613
407
899
' 2 336 5,648
4 269
1 802
' 524
715
' 932
' 1 007 ' 1 099
'828
' 1 097
805
856
1 608
1,232
' 916
'621
'294
' 952 ' 1 060
'882
'800
' 151
' 178
'34
'9
' 21
' 30
'764
'559
'205
' 1 023
'814
' 210
21
' 53
711
593
119
82
11
832
577
255
5
19
1 525
1 390
135
47
35
1 032
865
167
107
92
782, 437 ' 899,485
232 803 r 459 779
524, 355
272 890
715, 122
345 615
312
2,776
954
1,990
322
2 869
985
2 051
9
'8
'39
' 25
387, 502
152, 644
516, 182
271, 697
595, 240
272 017
437, 163
252, 251
682, 730
302 503
639, 335
93 579
640, 418
459 382
321
2,918
820
2,156
327
2,917
829
2,138
332
2, 863
339
2,824
838
2,109
354
2,608
879
1,780
325
2 559
342
2 550
896
1,831
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
319
2,820
807
2,104
320
2,833
817
2,115
816
2,093
876
1,697
328
2,613
937
1,740
312
2 682
939
1,846
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total §
dollars
91 62
89.93
92 48
90 10
90 12
95 38
89 86
89 67
92 67
96 87
97 50
94 85
96 18
Domestic
_ _
do
92.72
90.32
90.16
91.85
90.34
97.74
90.08
89.89
92.93
95.63
97.12
95 12
96 43
Foreign.
__
do
76. 62
78.23
75.93
78.74
77.28
75.44
75 32
75 34
75 27
77 59
79 79
80 39
78 99
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-fissues):
103.2
Composite (21 bonds) cT___dol. per $100 bond..
104.3
100.0
101.0
98.3
98.0
98.2
105.9
98.3
105.7
105.0
102.7
105.3
Domestic municipal (15 bonds)
do. „
106.9
101.2
103.5
103.5
102.9
109.8
110.0
107.9
101.3
103.4
107.5
109.1
110.0
U. S. Treasury bonds, taxable© _ _ _
do
91.33
89.22
89.24
92.45
89.07
88.65
94.25
102. 66
91.87
100. 73
102. 47
102. 83
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol
105, 432
91, 949
98, 622
94, 431
78, 750
73, 222 112, 849
94, 231 109, 562 112, 769
80 411 148, 045 120, 171
Face value __ .
__
do
104, 640
84 634 130 206 109 879 129 460 126 929
96, 698 103, 748 101, 398
85 758
89 912 143 165 127, 627
New York Stock Exchange:
Market value
do
104, 304
90, 490
97, 613 93, 186
77 601
71, 978 111, 565
93 159 108, 149 111,021
78, 859 146 703 118, 129
Face value
do
103 350
94 864 102 590
99 907
84 401
83 093 128 615 108 569 127 775 124 912
87 914 141 614 125 249
New York Stock Exchange, exclusive of stopped
sales, face value, total§__
__thous. of dol
90, 065
84, 054
74, 993
87, 537
87, 626
73, 706 118, 623
99, 249 119, 125 117, 884
88 898
95 197 106, 176
1
4
0
2
o
2
U. S. Government
do
o
o
o
o
o
o
o
Other than U. S. Government, total §
do
84, 052
90, 065
87, 536
87, 626
74, 993
99, 247 119, 125 117, 880
73, 706 118, 623
88 898 95 197 106, 176
Domestic
do
86, 120
83, 306
83 073 79, 881
70 978
95 505 114 050 112 166
69 798 113 105
84 293
90 058 101 236
Foreign
_
do
3,935
4,159
5.714
4,227
4,538
4.013
3.896
5.516
3,725
5,073
1572
4.941
5! 140
' Revised.
*> Preliminary.
JRevisions for electric utilities for last 3 quarters of 1955, respectively (mil. dol.)—292; 285; 325; those for securities issued (SEC) for January-March 1957 will be shown later.
9 Includes data not shown separately.
§Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average price of all listed bonds.
cfNumber of bonds represents number currently used; the change in the number does not affect the continuity of series.
OFor bonds due or callable in 10 years or more (comparable prices for January and February 1957, $92.04 and $93.74 per $100 bond).
105.5
111.0
SURVEY OF CUEEENT BUSINESS
&-20
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
May
June
July
1958
DecemAugust *£r| October November
ber
January
February
March
April
May
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Value, issues listed on N. Y. S. E.:
Market value total all issues §
mil. of dol
Domestic
- - - do __
Foreign
do
100, 657
98, 847
1,227
100, 061
98, 060
1,351
98, 483
96, 509
1,335
98, 351
96, 447
1,263
98, 530
96, 627
1,254
98, 481
96, 573
1,253
99, 015
97, 093
1,276
102, 487
100, 524
1,236
106, 072
103, 996
1,329
106, 780
104, 682
1,339
111, 805
109, 579
1,340
114, 816
112, 566
1,365
115, 751
113, 456
1,383
108, 845
Face value, total all issues §
do
106, 613
Domestic
- do
1,602
Foreign
do
Yields:
3.96
Domestic corporate (Moody's)__.
.percent..
By ratings:
3.67
Aaa
do
3.79
Aa
- do
3.95
A
do
4.44
Baa
do
By groups:
3.89
Industrial
do
3.94
Public utility
.do ._
4.06
Railroad
do
Domestic municipal:
3.23
Bond Buyer (20 bonds)
do
3.33
Standard and Poor's Corp. (15 bonds) . _. do. .
3.32
U. S. Treasury bonds, taxable©
do
Stocks
Cash dividend payments publicly reported:
762.3
Total dividend payments
mil of dol
133.4
Finance
do
272.0
Manufacturing
do
8.1
Mining
do
Public utilities:
140.7
Communications
do
107.2
Electric and gas _
do
27.0
Railroad
do
63.6
Trade
do
10.3
Miscellaneous ._
.
do. .
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
5.44
Dividends per share, annual rate (200 stocks) -dollars. _
5.91
Industrial (125 stocks) _ _ .
_ _ _ do.
2.43
Public utility (24 stocks)
do
4.09
Railroad (25 'stocks)
_
_ do
3.57
Bank (15 stocks).
_
do.- _
4.00
Insurance (10 stocks)
_ do
109, 208
106, 765
1,727
109, 299
106, 855
1,728
109, 359
106, 976
1,664
109, 336
106, 954
1,662
109, 591
107, 208
1,664
110, 426
108, 010
1,693
110, 598
108, 173
1,642
111, 830
109, 333
1,713
111,951
109, 464
1,701
116, 247
113, 639
1,696
118, 525
115, 903
1,711
118, 720
116, 075
1,721
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)
Industrial (125 stocks)
Public utility (24 stocks)
Railroad (25 stocks)
_ _
Bank (15 stocks)
Insurance (10 stocks)
_ _
_ _
percent-do
do
do
do
do _.
4.02
4.15
4.26
4.37
4.44
4.46
4.49
4.31
4.06
4.01
4.04
4.02
4.00
3.74
3.83
3.99
4.52
3.91
3.98
4.09
4.63
3.99
4.10
4.20
4.73
4.10
4.21
4.35
4.82
4.12
4.26
4.43
4.93
4.10
4.28
4.46
4.99
4.08
4.29
4.50
5.09
3.81
4.08
4.31
5.03
3.60
3.81
4.01
4.83
3 59
3.77
4.00
4.66
3.63
3.78
4.06
4.68
3.60
3.78
4.01
4.67
3.57
3.78
4.02
4.62
3.96
3.98
4.13
4.14
4.06
4.26
4.19
4.19
4.39
4.29
4.33
4.49
4.31
4.45
4.56
4.32
4.48
4.57
4.34
4.49
4.65
4.11
4.29
4.53
3.91
3.99
4.30
3.86
3.87
4.29
3.86
3.95
4.30
3.83
3.90
4.32
3.80
3.89
4.30
3.35
3.52
3.40
3.40
3.75
3.58
3.47
3.75
3.60
3.56
3.91
3.63
3.45
3.90
3.66
3.43
3.79
3.73
3.27
3.76
3.57
2.97
3.47
3.30
2.90
3.32
3.24
3.08
3.37
3.26
3.02
3.45
3.25
2.91
3.31
3.12
3.25
3.14
300.0
62.4
130.6
2.6
1, 679. 0
107.2
1, 120. 6
125.7
763.6
146.5
280.9
7.4
316.2
65.7
129.4
2.5
1, 671. 8
105.0
1, 126. 8
134.6
738.2
138.8
263.5
8.0
325.0
75.6
134.6
2.4
2, 131. 9
224.7
1, 375. 2
172.9
793.5
172.6
281.1
8.6
345.5
107.2
115.4
2.4
1, 682. 8
106.4
1, 138. 5
118.2
728.1
130.8
258.7
88
1.3
81.2
3.4
11.5
7.0
41.7
132.6
73.9
51.2
26.1
141.0
95.5
18.4
62.0
11.9
1.3
83.0
10.2
14.5
9.6
41.2
134.5
61.5
42.5
25.7
141.1
92.9
22.1
64.1
7.7
1.3
85.2
4.3
14.1
7.5
45.9
143.4
81.6
53.6
34.6
142.1
85.3
28.6
85.3
9.9
1.2
83.7
6.4
22.5
6.7
42.4
141.3
62.5
43.5
30.0
144 7
95.0
21 8
62 5
5.8
5.44
5.90
2.43
4.09
3.62
4.00
5.43
5.89
2.43
4.09
3.64
4.00
5.44
5.91
2.42
4.09
3.62
4.00
5.44
5.92
2.42
4.08
3.66
4.00
5.45
5.93
2.44
4.09
3.66
4.04
5.45
5.94
2.44
3.98
3.64
4.04
5.38
5.86
2.45
3.75
3.62
4.04
5.40
5.88
2.46
3.75
3.72
4.04
5.37
5.86
2.46
3.44
3.72
4.04
5.34
5.83
2.46
3.36
3.75
4.07
5.34
5.83
2.46
3.33
3.75
4.07
5.32
5.80
2.50
3.33
3.75
4.07
5.30
5.77
2.50
3.29
3.75
4.07
130. 64
149. 42
50.37
64.81
134. 19
154. 31
51.85
64.55
134. 03
155. 23
48.96
64.79
135. 80
157. 66
49.60
66.03
129. 12
148. 83
48.52
61.25
121. 02
138. 73
47.67
55.76
116. 51
133. 59
47.15
50.88
117. 38
134. 30
48.65
48.64
113. 20
128. 38
50.30
45.11
117. 76
133 06
53.04
50.61
115. 69
129. 97
53.27
47.59
118. 75
134. 17
54.16
48.11
122. 35
138 30
56.05
52.22
124. 05
139. 97
56. 78
54. 25
4.16
3.96
4.82
6.31
4.61
2.92
4.05
3.82
4.69
6.34
4.77
2.91
4.05
3.79
4.96
6.31
4.84
2.97
4.01
3.75
4.88
6.19
4.68
3.05
4.21
3.98
4.99
6.66
4.62
3.34
4.50
4.27
5.12
7.34
4.81
3.49
4.68
4.45
5.17
7.82
5.08
3.74
4.58
4.36
5.04
7.71
4.84
3.56
4.77
4.58
4.89
8.31
5.09
3.46
4.56
4.40
4 64
6.80
4.93
3.16
4.62
4.49
4 62
7.06
4.78
3.12
4.50
4.35
4.54
6.92
4.71
3.08
4.35
4.19
4 46
6 38
4 76
3 08
4.27
4.12
4 40
6.06
4 58
3.08
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
4.47
(Standard and Poor's Corp.)
percent.Prices:
Dow Jones & Co., Inc. (65 stocks)
dol. per share.. 170. 86
485. 42
Industrial (30 stocks)
do
72.02
Public utility (15 stocks)
do
145. 83
Railroad (20 stocks)
_
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :o*
Combined index (500 stocks)
1941 -43=10. _ 45.05
48.06
Industrial, total (425 stocks) 9
.do
48.26
Capital goods (129 stocks) .
do
32.67
Consumers' goods (196 stocks)
do
33.03
Public utility (50 stocks).
do
29.78
Railroad (25 stocks)
do
Banks :f
19.40
N. Y. City (12 stocks)
do...
38.82
Outside N. Y. City (17 stocks)
do
Fire insurance (17 stocks)
do
28.38
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
2,681
Market value..
.mil. of dol_.
108, 533
Shares sold
thousands
On New York Stock Exchange:
2,267
Market value.
mil. of dol__
Shares sold
thousands.. 73, 000
Exclusive of odd lot and stopped sales (N. Y.
48, 310
Times)
thousands
Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol__ 221, 595
4,587
Number of shares listed
millions..
10.65
3.31
6.74
9.40
3.35
6.97
7 35
3 49
1 17
9 90
3.41
7.07
4.53
4.69
4.75
4.83
4.79
4.80
4.78
4.49
4.36
4.38
4.42
175. 04
500. 83
73.91
146. 64
174. 95
505. 33
72.14
145. 67
177. 76
514. 64
70.81
150. 84
168. 95
487. 97
68.49
142. 41
161. 71
471. 79
67.44
129. 85
151. 27
443 38
65.18
116. 70
146. 87
436. 73
65.83
104. 63
146. 03
436 94
68.08
98.13
151. 01
445 68
71.08
104 90
151. 63
444 16
72.19
106 64
152. 79
450 14
73.23
104. 75
46.78
47.55
48.51
45.84
43.98
41.24
40.35
40.33
41.12
41.26
50.10
50.11
33.64
34.03
30.42
51.30
50.92
33.59
33.35
30.11
52.54
52.15
34.86
32.93
31.20
49.51
48.48
33.65
31.89
29.52
47.52
46.32
32.75
31. 09
27.17
44.43
43.24
31.55
30.39
24.78
43.41
41.87
30.52
30.68
22.63
43.29
41.35
30.29
31. 79
21.39
43.98
43 00
31.43
33.30
22 69
44.01
43 32
31. 60
34.12
23 00
19.42
38.96
28.31
19.25
38.64
27.99
19.75
39.56
27.73
20.14
39.57
25.66
20.10
39.07
24.70
18.90
36.96
23.12
18.47
35.75
22.19
18.73
35 76
23.45
19.08
37 98
25.88
3,296
112, 428
2,987
107, 489
3,091
98, 574
2,594
83, 218
2,077
70, 805
3,252
119, 304
2,263
133 058
2,540
133, 727
2,818
72, 669
2,543
72, 584
2,620
65, 617
2,216
54, 544
1,780
48, 090
2,822
84, 770
1,967
106, 970
2,208
104, 091
4.37
~
4.31
74
90
75
86
159. 15
460 04
77 65
113 73
42.11
42.34
43.70
44.97
43 60
32.35
34.57
22 60
45 09
42 61
32.78
35.54
23 20
46 51
43 86
34.18
36.57
24 74
19.55
38 87
26.81
20.21
39 56
27.49
20.26
40 17
27.36
20.54
40 96
27.51
2, 634
101, 259
2,142
91 679
2,328
84 121
2,366
88 233
2,297
72, 909
1,856
64 976
2,014
62 451
2,020
64 476
52, 559
44, 479
48, 262
41, 409
36 873
63 983
48 217
54 468
49 871
40 198
46 675
228, 585
4,656
227, 928
4,678
229, 924
4,705
217, 898
4,719
205, 705
4,733
196, 675
4,747
200, 919
4,781
195, 570
4,804
204, 969
4,813
201 174
4 826
207 795
4 852
153.
446
75
106
Kf]
QfiK
54 179
214 040
4 861
••Revised.
v Preliminary.
§ Include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of all listed bonds shown
on p. S-19.
OFor bonds due or callable in 10 years or more (comparable yields for January and February 1957, 3.34 and 3.22 percent).
9 Includes data not shown separately.
d"Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
^Data not shown in 1957 BUSINESS STATISTICS; indexes prior to August 1956 are available upon request.
SUEVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-21
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)*
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
' 7,
764
r
820
'6,715
463
' 7, 044
552
6,260
668
r
5, 143
••741
1, 060
r
4, 447
'749
' 1, 056
'4 641
'773
' 1, 168
4 052
632
908
Imports of goods and services total
Merchandise adjusted© cf
Income on foreign investments in U S
Military expenditures
' 5, 289
r 3,T 342
156
'876
'915
r
r
5 092
' 3,r 385
177
702
'828
4 868
3, 176
155
826
711
r
do
do
do
do
Balance on goods and services
do
r +2, 475
Unilateral transfers (net), total
Private
do
do
'-1,485
U. S. long- and short-term capital (net), total
Private
Government
Foreign long- and short-term capital (net)
Gold sales [purchases ( — )]
do
do
do
do
do
' -1, 557
FOREIGN TRADE
Indexes
Exports of U. S. merchandise^
Quantity
Value
Unit value
Imports for consumption :J
Quantity
Value
Unit value
Agricultural products, quantity:!
Exports, U. S. merchandise, total:
Unadiusted
Seasonallv adjusted
Cotton (incl linters) seas adj
Imports for consumption, total:
UllctUJUhltfU
-
--
'-1, 363
-194
'+630
-325
r
+262
do
do
do
1952-54—100
do
do
-_-
PO
; ,
.
P
.
$--
.
Value*
Exports (mdse.), including reexports, totall
mil
By geographic regions: A
Africa
thous.
Asia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries: A
Africa:
Egypt
Union of South Africa
Asia and Oceania:
Australia including New Guinea
British Malaya
China including M^anchuria
India and Pakistan
Japan
Indonesia
Republic of the Philippines
Europe:
France
East Germany
W^est Germany
Italy
United Kingdom
North and South America:
Canada
Latin American Republics, total 9
Argentina
Brazil
Chile
+724
'+2 042
'-969
' -134
—835
—1, 127
-137
990
-1,219
-127
—1 092
'-551
' -410
' -141
' -229
-27
'+360
-971
-598
-373
+262
-98
' —108
-938
-715
223
+213
+370
+182
346
758
219
339
738
218
336
726
216
316
688
218
312
683
219
284
626
220
308
681
221
311
684
220
306
667
218
281
613
218
250
547
219
181
530
293
182
533
292
164
478
291
191
556
291
177
509
287
169
493
292
196
563
287
177
506
286
194
553
284
191
541
283
165
466
282
166
172
187
155
160
217
163
186
173
134
174
319
135
168
206
142
156
178
161
145
167
161
137
162
170
138
136
-•145
'135
122
'128
'120
109
13, 723
13, 505
14, 138
13, 280
12, 748
15, 665
13, 221
15, 221
11,055
13, 322
11, 632
15, 083
10, 020
12, 105
9,347
12, 477
134
127
130
(i)
0)
-
_ __
__ -
Shipping Weight
Water-borne trade:
fj
^+1,416
r -134
' — 1 351
193&-38— 100
do
do
Duppieiiujii id, y mpo u, bed . a j_
5, 299
' 3, 266
164
••693
r
1, 176
0)
(1)
14, 370
11, 493
g
r
of dol
1, 863. 6 1, 813. 2
1, 786. 1 1, 691. 8
1, 677. 3
1, 540. 3
1, 674. 4
1, 682. 7 1, 638. 6
1, 510. 9
1, 344. 9
of dol
do
do
72, 631
346, 993
519, 585
68, 185
332, 487
481, 583
55, 736
320, 549
474, 449
48, 972
289, 257
428, 700
55, 764
262, 275
423, 105
47, 293
245, 418
411, 041
52, 971
271, 004
438, 665
54, 695
278, 548
449, 055
50, 155
290, 659
454, 600
51, 867
256, 989
400, 677
45, 574
238, 362
335, 230
63, 159
268, 127
398, 792
do
do
do
374, 326
192, 613
222, 498
374, 139
184, 467
227, 562
355, 837
167, 796
224, 510
321, 432
162, 059
209, 299
309, 893
183, 830
248, 252
303, 742
167, 087
216, 063
317, 391
193, 478
234, 520
295, 304
204, 407
228, 956
265, 460
194, 590
226, 756
248, 465
179, 586
202, 192
257, 349
167, 424
169, 782
292, 577
182, 036
196, 930
do
do
2,666
23, 661
3, 653
27, 970
2,985
23, 887
3,422
22, 934
3,054
25, 617
3, 066
19, 778
3,834
24, 623
2,784
24,911
4,256
3,728
5, 678
3,609
22, 263 2 26, 641 2 19, 563 2 27, 870
do
do
do
do
do
do
do
13, 281
4,044
0
53, 224
128, 530
11,516
33, 288
17, 537
3,605
0
43, 599
125, 885
9,692
30, 913
16, 534
3, 649
3
49, 080
110, 985
8,190
32, 173
12, 710
3,368
0
44, 590
101, 232
9,587
24, 776
15, 298
3,432
0
43, 081
82, 913
4,735
31, 659
17, 722
2,601
0
42, 578
64, 816
7,278
29, 083
28, 317
3,354
0
41, 937
76, 691
7,071
31, 872
21, 918
3,127
0
34, 389
95, 811
8,476
28, 932
22, 928
4,097
0
41, 748
88, 113
8,561
29, 875
13, 775
3 2, 398
0
43, 321
78, 145
5,481
22, 515
12, 543
3 2, 889
0
39, 993
69, 347
6,460
19, 471
17, 788
* 3, 154
3
46, 075
67, 902
6, 737
26, 873
do
do
do
do
56, 625
96
79, 937
58, 758
112
90, 026
54, 362
57
81, 618
56, 585
117
86, 454
50, 345
0
72, 765
53, 295
18
77, 618
49, 092
7
76, Oil
41, 709
782
77 007
43, 221
53
73, 244
49, 404
255
76, 140
34, 496
9
69, 144
47, 883
1 450
97, 489
33, 099
0
76, 955
51, 202
388
100 253
36, 042
1
79, 980
47, 344
47
88, 481
32, 770
0
79, 839
53, 187
95
81, 631
41, 255
6
76, 250
38, 879
31
73, 584
34, 240
13
49, 876
41, 895
142
67, 327
43, 901
0
64, 158
49, 463
42
64, 562
do
1, 556. 9
do
374, 303
374, 089
355, 805
321, 413
309, 868
303, 673
317, 373
295, 299
265, 459
248, 421
257, 345
292, 544
do
do
do
do
387, 829
31, 426
43, 987
17, 081
388, 453
27, 342
42, 577
19, 076
373, 688
24, 167
54, 773
16, 147
354, 312
19, 846
38 956
17, 537
411, 793
26, 944
47, 051
15,706
363, 972
17, 956
39, 566
15, 724
406, 346
20, 814
41, 506
14, 441
411,331
18, 545
38, 204
15, 028
398, 163
18, 647
46, 115
13, 692
361, 601
16, 756
45, 765
14, 016
319, 023
16, 816
37, 442
10, 197
360, 474
17, 518
45, 132
15, 583
1, 530. 6
14, 691
17,620
19, 442
22 254
20 501
14, 473
16 169
17 593
23 390
30 438
23 934
26 945
Colombia
do
48, 164
51, 112
50, 947
60, 421
55, 259
51, 283 49, 441
49, 492
54, 792
44, 276
47, 336
45 644
Cuba
do
67, 820
80, 452
76, 050
78, 127
80, 135
81, 308
76, 596
74, 793
81, 190
72, 121 67, 095
70, 792
Mexico
do
72, 596
65, 735
82, 713 89. 444
82. 241
78. 382
97. 931 89. 972 103. 879 105. 925 100. 739 82,368
Venezuela
do
2
3
'Revised.
*> Preliminary.
1 Revised imports indexes will be published later.
Data include Southern British Africa (1957 monthly average exports, $2,250).
For Colony
of Singapore only (exports to Federation of Malaya, formerly included, totaled $452,000 in January 1958).
©Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing.
cf Excludes military expenditures.
JRe visions for following periods will be shown later: 1st qtr. 1957 for balance of payments; January 1956-January 1957 (general revisions in both exports and imports); July-December
1955 and January-May 1954 (total exports and certain components only); also for 1941-54, private relief shipments of food products, formerly included with finished manufactures, have been
shifted to the manufactured foodstuffs class.
fRevised series, reflecting change in comparison base period and increased coverage. Supplementary imports are those similar to, or interchangeable with, commodities produced in the
United States; complementary imports include all other. A detailed description of the indexes and data for earlier years will be available later.
§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 (including, since early 1956, also "consumables and construction" shipments) are as follows (mil. dol.): April 1957-April 1958, respectively—83.7; 102.2; 134.1; 186.8; 141.2; 103.2; 74.1; 86.8; 95.3; 108.7; 99.5; 114.5; 121.7.
AExcludes "special category" shipments.
9 Includes countries not shown separately; 121.7.
SUEVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
DecemOctober NovemAugust September
ber
ber
July
January
February
March
April
May
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— Continued
Exports of TJ S merchandise total U
mil of dol
By economic classes:
Crude materials
thous of dol
Crude foodstuffs
do
Manufactured foodstuffs and beverages
do
Semimanufactures 9
do
Finished manufactures 9
do
By principal commodities:
Agricultural products total©
do
Cotton unmanufactured
do
Fruits vegetables and preparations
do
Grains and preparations
do
Packing-house products
do
Tobacco and manufactures
do
1,847 2
1,798 1
1 495 0 1, 334. 1 1, 541. 2
1 768 7 1 676 1 1,664 0
1 5260
1 660 3 1 6683 1, 626 2
225 236 228 080
97, 468 105, 354
91 358
79 160
264, 581 245, 387
997, 460 1,005,997
241 637
88, 721
94 222
219,014
882, 433
258, 806 248 863
99, 727 100, 568
94, 986
87 711
231, 738 223 855
975, 050 1,007,334
252, 126
105, 201
99 880
208, 486
960, 505
199 188
105, 112
75 898
186, 490
928, 349
159, 906
89, 367
79, 937
168, 102
836, 741
178, 281
87, 501
101, 547
192, 698
981, 219
371, 442
72, 792
36, 919
97, 445
21, 373
61, 763
368 471
79, 750
31,088
102 099
22, 755
41, 367
394 190
94, 977
28, 610
104 478
22, 320
39, 366
324 064
79, 516
24,968
107, 021
18, 515
24,233
285, 290
66, 767
30, 901
92, 470
19, 329
22, 710
315 809
70, 438
35, 700
93, 548
20, 006
31,333
275 377 264 114 248 302
124, 631 110, 217 133, 153
99 260
88 961 100 045
312,432 300, 515 281. 673
1,035,505 1,034,266 1,005,564
385, 040
92, 161
29, 096
135, 327
25, 524
26, 092
361 392
100, 925
34, 031
105 899
27, 432
26, 668
383 268
80, 736
31, 953
128 380
30, 643
35, 685
314 962
63, 722
31, 425
96 032
23, 092
26, 675
313 623
51, 751
30, 771
104 159
18, 460
35 366
332 583
56, 652
31,118
94 873
23, 503
63, 169
of dol
1, 462. 2
1, 436. 7
1, 385. 5
1, 361. 1 1, 350. 4
1, 193. 4
1, 288. 9
1, 299. 9
1, 232. 0
1,171.0
1, 048. 8
1, 225. 4
of dol
do
do
do
142, 896
123, 750
79, 561
133, 478
147, 769
134, 028
80, 631
126, 700
113, 533
113, 826
84, 270
126, 643
107, 832
115, 337
77, 921
125, 459
110, 811
118, 924
81, 660
114, 950
92, 280
105,433
73, 992
101, 350
100, 744
117, 125
70, 913
105, 988
130, 884
115 730
58, 251
93, 667
140, 662
110, 615
55, 351
83, 757
118, 739
104, 178
46, 420
74, 925
109, 461
106, 797
33, 962
59,646
121, 320
120, 220
39, 780
66, 559
Mfachinery tota!5©
Agricultural
Tractors parts and accessories
Electrical
Metalworktng§
Other industrial
do
do
do
do
do
do
371, 859
17, 068
37, 477
84, 642
30, 253
'187,415
385, 722
14, 438
36, 933
89, 612
27, 218
202, 310
353, 837
12, 448
31,112
80, 862
25, 902
190, 398
354, 308
12, 394
28, 293
96, 853
28, 789
175, 449
347, 342
8,504
28,604
87, 903
26, 368
184, 628
315,433
8,635
29, 793
75, 179
25. 328
161, 757
349, 829
8,253
30, 079
87, 842
23, 847
185, 468
358, 357
7,067
26 478
103, 087
26, 831
180, 813
339, 190
7,590
23, 319
86, 874
27, 880
179, 840
332, 520
9,003
27, 252
81, 485
24, 839
174, 222
295, 933
9,981
27, 148
72, 100
18, 872
155, 881
363, 931
13, 194
31, 507
88, 695
27, 819
186, 319
Petroleum and products
Textiles and manufactures
do
do
107, 326
59, 489
80, 082
60, 656
70, 107
53, 169
62, 007
45, 259
63, 962
53, 293
58, 736
50, 638
60, 865
56, 712
64, 884
58, 335
52, 350
55, 318
44, 267
47; 019
41, 359
48, 558
45, 881
59, 138
mil. of dol
1,119.0
1,105.7
983.6
1,146.5
1,042.5
1,008.7
1,147.9
1, 043. 2
1, 141. 1
1, 095. 3
961.5
1, 109. 0
thous. of dol
_ _ _ do
do
52, 321
185, 364
286, 202
47, 099
185, 492
268, 487
41, 632
159, 427
243, 253
50, 001
199, 938
271,277
38, 884
208, 472
229, 092
39, 755
196, 003
246, 900
44, 052
207, 252
294, 463
44, 272
164, 755
259, 234
53, 358
187, 313
281, 286
61, 528
185, 845
265, 153
47, 635
154, 773
245, 451
238, 114
133, 223
223, 801
260, 226
138, 913
205, 466
239, 954
127, 031
172, 347
263, 658
142, 733
218, 873
247, 988
111, 153
206, 913
242, 557
104, 788
178, 730
274, 473
113, 614
214, 043
236, 375
123, 276
215, 253
235, 370
136, 773
247, 038
206, 123
173, 262
203, 382
186, 320
143, 834
183, 510
633
1,147
8,007
205
10, 077
9,064
1,237
11, 233
1,146
5,916
2,714
8,137
1,163
6,487
2,314
5,626
1,434
8,922
6,868
i 10, 886
14, 438
17,511
14, 575
18, 564
13, 155
11, 764
12, 372
20, 092
11, 424
15, 363
10, 273
15, 695
11,318
18, 002
7,780
17, 281
8,299
12, 747
2
9, 338
3, 088
7,296
2 3, 437
22, 185
49, 013
15, 917
26, 400
19, 671
49, 344
16, 250
22, 926
21, 113
41, 684
10, 348
21, 075
22, 951
52, 750
17,644
22, 196
17, 209
58, 482
17, 249
21, 456
23, 479
56, 426
20, 531
16, 769
19, 753
59, 275
21, 305
19, 462
16, 186
49, 107
18, 008
13, 591
21, 849
51, 543
21, 524
17, 995
25, 564
57, 014
13, 142
19, 130
19, 401
41, 631
12, 249
16, 564
26, 257
21, 023
20, 881
23, 224
19, 944
19, 391
21, 861
19, 964
23, 130
22, 237
20, 696
53, 771
19, 333
1,038
70, 457
50, 394
17, 176
1,636
66, 142
44, 603
19, 723
2,364
57, 381
47, 592
21, 527
1,028
71, 500
51, 220
21, 665
2,314
52, 806
47, 681
17, 872
1,473
66, 229
64, 823
24, 853
2,260
71, 284
50, 535
20, 381
57, 606
23, 459
50, 386
23, 721
42, 331
16, 277
67, 684
61, 706
63, 382
65, 453
238, 085
259, 913
239, 833
263, 599
247, 966
242, 301
274, 345
236, 257
235, 349
206, 103
186, 295
323, 033
do
12, 008
do
do __ 49, 079
24,
849
do
30, 619
do
40,
821
do _
36, 463
do
84, 887
do
313, 106
11,871
46, 194
13, 934
25, 616
47, 641
37, Oil
86, 630
272, 095
13, 465
39, 411
14, 629
16, 831
41, 677
33, 984
70, 633
329, 824
9,771
42, 174
17, 668
47, 987
51, 710
34, 195
79, 961
290, 422
8,081
42, 580
14, 595
43, 161
41, 077
26, 794
74, 632
260, 995
8,006
48, 610
11, 364
24, 725
43, 858
28, 002
65, 452
298, 521
8,846
64, 117
14, 659
26, 478
37, 354
31, 622
73, 203
305, 809
7,593
67, 744
15, 271
38, 210
31, 892
34, 276
63, 515
350, 954
10, 504
84, 620
15, 372
33, 392
23, 397
47, 185
78, 389
333, 708
8.272
53, 369
12, 689
23, 788
46, 295
45, 673
86, 241
295, 244
8,602
43, 461
13, 150
29, 624
46, 159
39, 583
71, 801
Nonagricultural products, total©
mil.
Automobiles, parts, and accessories
thous.
Chemicals and related products §
Coal and related fuels
Iron and steel-mill products
General imports, total
By geographic regions:
Africa
Asia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries:
Africa:
Egypt
Union of South Africa
Asia and Oceania:
Australia including New Guinea
British Malaya
China including M^anchuria
India and Pakistan
Japan
Indonesia
Republic of the Philippines
Europe:
France
East Germany
West Germany
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
Latin American Republics total©
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
do
do
do
do _
do
do
do
do
do
do_ __
do
do
do
do
do
do
do
do
do _
575
430
104
312
65
194
34
135
41
534
30
422
87
417
100
354
240
20
459
631
28
559
714
1
320
8, 115
17
616
767
1,088.0
1,092.4
980.3
1,141.1
1,044.6
1,011.5
1,155.0
1, 037. 3
1, 133. 5
1, 109. 0
956.4
259, 487
152, 188
108, 631
259, 563
308, 158
268, 992
148, 291
112, 173
259, 103
303, 835
248, 431
125, 527
98, 696
233, 557
274, 126
290, 832
166, 423
114, 640
248, 496
320, 756
281, 569
139, 414
105,834
233, 685
284, 091
278, 796
126, 579
103, 794
219, 863
282, 477
295, 436
161, 277
119, 873
245, 130
333, 272
243, 503
192, 087
98, 517
217, 739
285, 494
272, 438
223, 588
101,321
241, 073
295, 114
283, 726
186, 604
109, 085
220, 266
309, 287
218, 262
157, 120
104, 934
202, 836
273, 230
329, 770
8,347
106, 387
4,928
38, 383
41, 903
19, 127
312, 317
7,752
98, 101
4,442
31, 269
42, 814
15, 288
259, 402
13, 307
78, 299
4,355
18, 969
41, 253
14, 866
323, 157
12, 474
109, 415
2,887
28, 289
49, 481
15, 508
297, 429
4,854
97, 339
4,578
30, 831
41, 638
17, 523
288, 544
5,337
81, 227
4,109
28, 341
37, 023
18, 757
328, 507
7,092
103, 161
3,973
32, 117
33, 825
14, 674
331, 374
7,907
131, 996
3,101
27, 573
22, 772
11, 877
376, 136
24, 460
144, 890
3,721
31, 385
19, 322
11, 243
356, 389
18, 349
116, 119
3,630
25, 149
43, 366
17, 607
307, 198
18, 772
94. 564
3,410
25, 087
44, 220
12, 406
758, 257
Nonagricultural products, total©
do
5,581
Furs and manufactures
^
do _
Nonferrons ores, metals, and manufactures,
total©
thous. of dol __ 120, 803
Copper, incl. ore and manufactures .. _ do_ __ 37, 499
9,610
Tin, including ore
do
24, 133
Paper base stocks
do _
57, 970
Newsprint
do
129, 442
Petroleum and products
do
780, 075
7,562
720, 936
5,524
817, 990
4,927
747, 165
4,040
722, 965
5,850
826, 480
4,132
705, 966
3,324
757, 398
16, 825
752, 580
14, 130
649, 185
9,946
122, 329
32, 089
13, 475
25, 959
57, 139
133, 505
109, 654
26, 908
7,979
24, 066
53, 109
121, 032
107, 614
30, 900
14, 646
25, 844
62, 950
146, 309
100, 755
26, 395
11, 034
28. 788
51, 045
139, 995
101, 365
23, 484
11, 722
26, 954
52, 523
118, 432
107, 262
29, 443
8,844
32, 453
59, 576
136, 979
103, 227
26, 055
8,269
26, 506
50, 993
119, 878
113, 937
26, 185
4, 527
22, 870
50, 199
137, 294
114, 375
40, 114
5,863
22, 066
50, 521
154, 029
79, 102
24, 813
5, 866
24, 098
46, 185
126, 432
Imports for consumption , total
mil of dol
By economic classes :cf
Crude materials
thous of dol
Crude foodstuffs
do
Manufactured foodstuffs and beverages
do
Semimanufactures
do
Finished manufactures
do
By principal commodities :cf
Agricultural products, total©
do
Cocoa (cacao) beans incl shells
do
Coffee
do
Hides and skins
do
Rubber crude, including guayule
do .
Sugar
do __
Wool and mohair unmanufactured
do
1, 516. 3
2
«• Revised.
» Preliminary.
1 Data include Southern British Africa (1957 monthly average imports, $1,250).
For Colony of Singapore only (imports from Federation of Malaya, formerly included, totaled $7,557,000 in January 1958).
tSee similar note on p. S-21.
USee similar note on p. S-21.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
©Includes data not shown separately.
§Excludes "special category, type 1" exports.
cfBeginning January 1958, figures reflect changes in presentation of data now estimated from a
1-percent sample and inclusion of fully compiled data on $100-$250 formal entries (previously based on a 5-percent sample). Comparability with earlier periods is not importantly affected,
except for a few individual commodities.
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-23
1957
April
May
June
July
1958
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines:
Miles flown, revenue
_ - ._ - _ _ thousands -.
Express and freight ton -miles
flown
do _
Mail ton-miles
flown
._ - _ do ...
Passengers originated revenue
do
Passenger-miles flown revenue
millions
57, 716
20, 390
8,125
3,370
2,008
59, 863
23, 609
8, 356
3,433
2 016
59, 655
22, 396
7,628
3,707
2,333
62, 058
21, 969
7, 552
3,525
2 253
63, 562
23, 651
7,749
3 741
2 349
60, 707
23 007
7,219
3 445
2 100
61, 398
24 080
8,214
3 483
2 015
57, 522
20 684
7,761
3 113
1 790
61, 637 'r 61, 558 53, 716
19, 194
21 730 20 599
7,830
11,082 ' 8, 275
2,890
3 274
3 341
1 716
2 031
2 072
59, 457
21, 905
8,630
3,275
2 003
thous. of doL.
do
29, 827
9,347
22, 506
4,939
22, 215
6,236
24, 405
7,278
30, 770
11 351
31, 961
11 192
34, 039
12 779
31, 469
9 535
38 072
13 115
28, 265
6 997
25, 781
4,865
29,931
9,117
cents
millions
mil. ofdol
15.8
'733
120.2
15 8
743
120.3
15 8
661
108.8
15 8
648
111 9
15 9
646
111 2
15 9
663
104 5
16 0
709
114 3
16 0
675
112 4
16 1
701
118 0
16 2
677
111 7
16.2
615
102.7
16.2
681
111.7
16 4
677
Express Operations
Transportation revenues
Express privilege payments
Local Transit Lines
Fares average cash rate®
Passengers carried, revenue
Operating revenues©
-
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals) :
Number of reporting carriers
Operating revenues total
thous of dol
Expenses total
- do _
Revenue freight carried
thous of tons
837
938, 036
891, 633
57, 250
837
980, 490
933, 027
59 411
836
995, 146
987, 067
61 454
Carriers of passengers (quarterly totals) :
Number of reporting carriers
Operating revenues total
thous. of dol__
Expenses total
do
Revenue passengers carried
thousands
148
105, 167
94, 973
68, 308
150
125, 552
103 380
72 094
148
97, 625
92 328
64 735
Class I Railways
Freight carloadings (A. A. R.):cT
Total cars
._
Coal
Coke
Forest products
.-thousands.
do
do
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=100Coal
._do
Coke
do
Forest products
-- -- do
2,696
525
49
157
' 3, 558
'•658
'56
'196
3,631
680
52
203
2,707
405
41
149
3,736
683
55
209
2,851
544
41
149
2,920
543
40
148
3,223
635
47
175
2,221
461
33
132
2,164
457
28
136
2,108
427
28
139
2,702
533
30
166
2,105
366
21
131
2,729
467
26
169
192
22
151
225
1,375
'235
'27
'406
'268
' 1, 713
236
23
441
264
1,731
251
20
363
201
1,277
278
29
437
275
1,770
182
35
323
217
1,361
211
49
289
220
1,419
254
47
191
249
1,626
213
21
64
173
1,123
208
21
63
166
1,086
196
17
54
179
1,067
244
24
74
239
1,391
200
20
56
185
1,126
230
27
149
218
1,443
117
108
153
127
122
110
142
129
124
114
132
134
118
90
136
127
126
113
139
135
125
117
134
125
123
112
125
121
114
108
121
116
102
99
107
112
99
97
92
115
93
89
88
111
94
85
75
108
93
75
65
106
97
79
67
112
135
40
142
35
130
134
40
290
35
131
136
33
313
34
133
183
36
331
33
126
155
42
305
35
134
135
65
295
36
134
147
89
245
35
134
148
65
127
32
126
155
39
59
28
110
152
38
56
28
106
136
31
48
29
101
138
34
52
30
105
140
37
50
29
107
131
38
112
28
111
120
108
156
127
119
110
143
124
119
114
135
129
113
90
140
126
121
113
145
129
115
117
136
116
114
112
127
115
112
108
121
118
110
99
102
125
109
97
87
128
101
89
83
115
100
85
74
108
95
75
67
106
97
79
68
108
153
45
188
35
132
153
44
188
35
130
133
43
202
34
129
152
43
207
33
125
143
44
203
35
133
120
49
196
34
124
147
57
152
33
123
151
52
152
32
121
165
41
192
30
117
152
40
222
29
116
139
38
191
30
110
150
44
181
30
108
159
42
'70
29
108
149
42
70
28
110
8,575
3,154
388
16, 339
8,915
204
24, 248
16, 797
240
20, 437
9, 285
4,278
12, 749
6,829
84
19, 886
11, 756
668
12, 781
5,913
133
19, 965
9,275
2,376
54, 072
18, 237
23, 057
105, 263
35, 032
52, 482
112, 229
34, 259
57, 700
110, 576
33, 844
58,148
124, 247
37, 036
67, 579
129, 834
45, 808
63, 514
1,181
1,773
2,798
1,626
1, 480
889
1,608
29
245
Car shortage, total 9
._ _ _ _.
_. do _ _
326
418
518
134
117
672
683
23
127
Boxcars
do
1,162
694
903
662
1,517
2,015
0
92
859
Gondolas and open hoppers
do ._
Financial operations:
' 887. 5 906.5
867.9
929.9
927.3
873.0
829.9
872.7
824.8
Operating revenues, total 9
mil of dol
' 760. 1
735.2
747.2
800.2
734.6
788.8
780.5
710.3
676.5
Freight
do
56.4
59.7
67.8
71.2
68.8
52.5
52.9
59.7
65.0
Passenger
-_ _ _ .. _
- do
690.4
673.1
685.8
697.6
713.6
695.5
683.6
666.0
701.3
Operating expenses
do
Tax accruals, joint facility and equipment rents
114.5
130.1
112.2
108.1
108.6
132.2
115.7
99.7
mil of dol
82 1
74.0
96.4
99.6
68.5
84.2
64.2
'81.3
80.8
59.0
Net railway operating income
do
48.2
60.6
57.3
79.8
64.5
63.7
45.2
79.5
73.6
Net income |
do
Operating results:
51, 624
52, 962
54, 477
55, 629
56, 590
53, 162
57, 999
50, 192 45, 995
Freight carried 1 mile
mil. of ton-miles
1.396
1.463
1.504
1.424
1.466
1.473
1.462
1.405
1.443
Revenue per ton-mile
- _ _ _ _ _ _ _ _ cents
2,421
1,821
2,626
2,259
2,040
2,537
1,997
1, 776
Passengers carried 1 mile, revenue
. . .millions. _ 2,068
Waterway Traffic
Clearances, vessels in foreign trade:
14, 072
14, 597
14, 169
15, 202
14, 811 15, 629
13, 552
Total U S ports -thous of net tons
11 912
12 774
11, 200
11, 359
11, 357
12, 229
10, 905
11, 423
Foreign vessels
__ _ . _ - - ._ _ _ . do __ 10, 727
9,894
10, 238
2,647
3,345
3,397
3,454
3,779
3,400
2,810
United States vessels
do
2 018
2 536
Panama Canal:
4,522
4,441
3 994
4,397
4,586
4,334
4 058
3,955
Total
thous of long tons
4 305
975
1,282
1,233
892
983
929
832
1,040
1,087
In United States vessels
do _._
d
' Revised.
Deficit.
©Revisions for 1956 for average cash fares are shown in the January 1958 SURVEY and for operating revenues, in the April 1958 issue.
cf Data for May, June, August, and November 1957 and March and May 1958 cover 5 weeks; other months, 4 weeks.
©Revisions for February and March 1955 and 1956 are footnoted in the April 1958 SURVEY.
9 Includes data not shown separately.
} Revision for March 1957, $71,700,000.
46
18
1
67
4
17
160
31
0
19
8
0
35
6
21
778.4
660.2
57.7
650. 0
692.8
589.9
48.7
599.4
767.6
655 0
50.5
623. 0
743.7
630.8
51.5
84 4
8.9
300 0
44.0
24.5
36.9
41, 300
1.472
1,621
46, 592
3,420
771
4,055
950
Grain and gram products . __
Livestock
Ore
Merchandise 1 c 1
Miscellaneous
Total, seasonally adjusted©. ._ .-_
Coal
Coke
-.
Forest products
_.
__do
do
do _.
do
-- do
do __.
do
do
do
Grain and grain products
do
Livestock . _ _ _ _
do _.
Ore
do
Merchandise, 1. c. 1 _ ._ --.
do _
Miscellaneous O
do
Freight-car surplus and shortage, daily average:
Car surplus, total 9
number
Boxcars
do
Gondolas and open hoppers
do
96.6
31.8
16.7
46, 508
1.468
1,966
d
10.7
11, 571
9,547
2,024
3,735
813
3 863
953
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
8.31
8.04
69
254
67
243
75, 652
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
Aliens1 Arrivals
do
Departures
do
Passports issued and renewed
do
National parks visitors
thousands
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous. of dol
8.43
73
268
7.84
73
312
103, 026
115, 179
85, 423
45, 465
76, 301
726
105, 765
137, 790
83, 063
53, 495
82, 755
1,183
459
7,001
416
6,342
548, 780
311, 431
189, 272
362, 395
75, 815
53, 741
8.39
72
289
7.93
63
252
8.79
8.58
68
270
71
271
9 01
77
272
8 81
7.98
54
241
8.31
67
262
93, 952
100 117
67, 926
61 308
28, 419
95, 814
48, 238
56, 521
371
410
68
259
8.68
69
265
179, 341
88, 791
58, 367
57, 208
3 127
149, 640
175 608
85, 261
60 425
51,892
5 033
186, 508
144, 292
95, 866
61, 642
42, 320
5 076
157, 049
115,945
102, 092
64, 213
32, 089
2,227
119, 148
95 824
81, 104
55 740
30, 387
1 073
95, 909
79 431
68, 036
49 478
26, 262
430
342
469
7,124
430
6,536
428
6,496
386
5,870
399
6,062
364
5,522
420
6,382
462
7,044
374
5,765
381
5,938
556, 390
312, 830
195, 422
370, 365
75, 664
54, 005
546, 793
312, 606
185, 727
356, 435
78, 339
54, 201
556, 214
311,922
194, 478
378, 526
72, 385
54, 444
562, 223
313, 230
199, 107
367, 918
80, 707
54, 677
547, 338
315, 464
181,062
354, 793
80,111
54, 923
573, 410
325, 268
197, 052
381, 304
80, 690
55, 309
564, 297
325, 853
187, 067
366, 209
83, 700
55, 536
579, 975
331, 492
196, 124
392, 194
79, 545
55, 781
577, 513
333, 297
191,674
381, 312
79, 442
55, 959
559, 574
330, 850
176, 685
358, 127
81, 826
56, 101
579, 203
333, 729
192, 665
374, 632
84, 489
56, 244
21, 033
18, 317
1,732
21, 699
18, 966
1,733
20, 772
18, 123
1,692
20, 430
18, 943
20, 673
18, 535
1,358
20, 435
18, 035
1,572
20, 970
18, 412
1 731
18, 745
17, 533
20, 330
17, 941
2,075
19, 467
17, 972
17, 952
16, 489
19, 360
17, 413
536
986
do
do_ _
do
2,824
2,313
239
3,055
2,486
287
2,840
2,381
192
3,041
2,548
2,796
2,463
48
2,840
2,471
92
3,243
2,282
655
2, 995
2,322
389
3,206
2,387
463
3,188
2,415
2,891
2,200
3,071
2,288
418
500
do _
_do
do
3,413
2,545
767
3,567
2,622
844
3,345
2,629
609
3,450
2,739
599
3,411
2, 637
3,410
2,684
3,600
2,771
718
3,260
2,648
512
3,439
2,895
443
3,432
2, 815
503
3,101
2,646
342
3,343
2,737
493
317, 199 ' 326, 896 '286, 734
86, 958
81, 538
66 849
59, 685
51, 892
58, 055
320, 994 311 579 267 513
76, 398
78, 049
64, 798
339, 015
75, 815
61, 216
288
828
T
66, 090
329, 837
70 464
-IQK
3^8
thous of dol
do
do__
do
_ __
do_
thousands
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous.
Operating expenses, incl. depreciation.
Net operating revenues
Ocean-cable:
Operating revenues
Operating expenses, incl. depreciation
Net operating revenues
Radiotelegraph:
Operating revenues
Operating expenses, incl. depreciation
Net operating revenues
of dol
do_
do
545
198
670
613
451
382
99, 054
687
497
464
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production: t
Ammonia, synthetic anhydrous (commercial)
short tons _ 321, 529
87, 443
Calcium carbide (commercial) _
do
Carbon dioxide, liquid, gas, and solid
do_ . 66,550
327, 920
Chlorine, gas
do
76, 241
Hydrochloric acid (100% HC1)
do__Nitric acid (100% HNO3)
do
Oxygen (high purity)
_ _ _ mil. of cu. ft
Phosphoric acid (50% H3PO4)
short tons
Sodium carbonate (soda ash), synthetic (58% Na2O)
short tons__
Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
do_._
Sodium silicate, soluble silicate glass (anhydrous)
short tons .
Sodium sulfate (Glauber's salt and crude salt cake)
short tons.
Sulfuric acid:
Production (100% H2SO4)
thous. of short tons
Price, wholesale, 66°, tanks, at works
dol. per short tonOrganic chemicals :d"
Acetic acid (synthetic and natural), production
thous. of Ib .
Acetic anhydride, production
do
Acetylsalicylic acid (aspirin), production
do
Alcohol, ethyl:
Production
thous. of proof gaL
Stocks, end of month, 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
334, 209
81, 098
81, 677
342, 813
74, 049
308, 755
74, 752
91, 533
329, 048
73, 214
293, 661
83,009
102, 664
333, 137
75, 785
294, 507
87, 581
98, 972
323, 404
77, 770
290,624
88, 942
78, 071
329, 627
76, 550
322, 557
86, 587
71, 427
338, 297
81, 811
310, 535
86, 500
60, 075
319, 749
78, 331
r
277 527
65 560
245, 241
2,502
356, 352
253, 287
2,619
383, 249
212, 616
2,393
331, 083
210, 125
2,414
331, 608
234, 772
2,647
353, 015
217, 441
2,645
373, 648
250 362
2,797
384, 834
231, 100
2,620
356, 873
085 r213 289 r242 097
247 025 252
2,559
2 435 r 2 650
2 634
340, 745 395, 400 373, 109 428, 470
235 477
403, 736
9,860
360, 937
400, 698
9,649
378, 190
377, 202
9,341
356, 715
358, 741
6,286
362, 924
391, 615
8,166
354, 015
368, 917
8,544
367, 350
401, 774
8,982
375, 059
404, 143
8,693
361, 583
372, 603
9,276
361, 104
339, 965
53, 137
55, 470
48, 497
41, 156
46, 045
53, 867
58, 500
47, 670
43, 344
74, 626
73, 093
66, 537
65, 448
65, 552
63, 650
74, 754
72, 709
66, 179
« ' 1, 389
' 1, 430
»• 1, 315
r
1, 292
••1,313
r
1, 357
' 1, 441
r
T
22.35
22.35
22.35
22.35
22.35
22.35
22.35
32, 738
64, 305
1,570
38, 895
61, 546
1,473
46, 982
67, 377
1,223
45, 643
67, 140
943
51, 726
76, 886
1,240
50, 725
81 027
1,569
33, 631
28, 051
18, 734
9,317
35, 275
736
33, 444
26, 510
17, 529
8,980
33, 501
1,044
31, 755
26, 591
18, 012
8,579
30, 793
1,072
36, 560
28, 542
19, 880
8,662
35, 910
41, 481
28, 908
23, 517
5,390
37, 551
19, 047
19, 886
9,746
18, 133
19, 046
8,181
16, 665
17, 752
5,978
19, 403
19, 005
5,561
20, 648
21, 534
4,607
362, 799
8,765
353, 908
346, 410
7,210
309, 177
373, 651
7,976
332, 997
1
1
1
41, 302
40, 352
433 672
320 185
46, 597
70, 037
60, 761
68,791
1, 307
1,351
1,214
1,364
1 297
22.35
22.35
22.35
22.35
22.35
» 22. 35
48, 168
84 238
1,907
47, 259
85,266
1,774
48, 829
86 675
2,034
47, 517
80 808
2,144
39, 710
78 233
1,778
40, 210
71 259
1,931
39, 048
26, 043
20,780
5,263
35, 180
41, 109
24 441
20, 360
4,081
41, 087
942
42, 654
27, 775
23, 460
4,315
38, 319
1,163
41, 373
33, 582
29,296
4,287
35, 674
46, 363
36, 190
31, 694
4,496
40, 651
758
39, 345
29, 923
25, 740
4,183
35, 535
1 050
42, 733
30 444
28, 033
2 410
39 009
42, 146
31 631
29, 016
2,615
40 413
19, 041
18, 042
5 576
22, 218
22, 98£
4,978
20, 672
21, 808
3 870
19 290
19, 676
3 571
21 885
21, 895
3 470
19 122
19, 473
3 228
20 990
20 412
3 868
21 756
20 925
4 436
9,603
11, 052
9,171
10, 895
10, 244
9,936
Creosote oil, production
thous. of gal__ 10, 414
9,729
9,812
8,506
11, 023
DDT, production
thous. of Ib
11, 766
12, 880
9,306
11, 058
9,017
8,932
9,193
8,870
10 451
8,151
Ethyl acetate (85%), production
.do ___
7,420
6,061
8,038
7,416
9,002
9,074
6,938
9,801
6,281
Ethylene glycol, production
do ._ 97, 156
98, 873
98, 789 106, 183 109, 117 105, 236 104, 543 106, 358 103, 997 106, 806
93 383 103, 324 105, 068 123, 410 117, 081 104, 466 111, 467
Formaldehyde (37% HCHO), production
do_ _ 105, 163 104, 614 100, 606
Glycerin, refined, all grades:
16, 853
22, 012
17, 918
Production
do
21, 556
21, 873
21 770
22 909
19 799
20 465
18 822
17, 782
15, 904
15, 638
16, 026
Consumption
.
do
18, 022
16 767
18, 692
16,211
14, 470
15 658
52, 065
55, 095
Stocks, end of month
_ _ do
54, 348
53, 629
53, 635
54, 288
61, 149
55, 452
53, 739
61,429
Methanol, production:
193
201
187
186
165
134
Natural __ _
thous. of gal
148
101
107
165
16, 329
14, 108
16, 692
18, 000
17, 747
16, 647
19 588
Synthetic
do
16 489
18 665
18 197
30, 519
31, 444
27, 400
24, 240
Phthalic anhydride, production
thous. of lb__ 30, 226
29, 653
31, 231
31, 913
30, 317
25, 436
r
l
Revised.
» Preliminary.
Excludes quantities produced and consumed in making meta, ortho, and sesquisilicates.
? Includes data not shown separately.
{Revisions for January-November 1956 will be published later; revised 1955 figures for phosphoric and sulfuric acid are available upon request.
cf Data (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.
° Revisions for January-March 1957 (thous. short tons): 1,415; 1,347; 1,457.
7,339
10 793
5,314
94, 875
104, 663
8 540
11 881
6 198
89, 167
110 881
17 840
14 731
62 163
18 112
15 602
60 416
167
16 965
22,638
18 585
27. 340
725
812
901
1, 326
741
68
303
66, 587
COMMUNICATIONS
Telephone carriers:
Operating revenues 9
Station revenues
Tolls, message
Operating expenses, before taxes
Net operating income
_
Phones in service, end of month
8.15
763
196
882
15 902
16 391
56 232
88, 168'
SUKVEY OF CUEEENT BUSINESS
June 1058
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-25
1958
1957
April
May
June
DecemAugust SeptemOctober November
ber
ber
July
January
February
March
1,144
361, 372
40 681
254, 519
54 118
April
May
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
1,722
Consumption (10 States)©
thous. of short tons. _
605, 734
Exports, total 9
short tons
Nitrogenous materials
do
117, 457
Phosphate materials . _
do
364, 178
Potash materials
do
86, 548
1,178
547, 058
120, 399
366, 275
27, 059
647
560, 382
81, 768
421, 374
45, 042
286
567, 635
73, 414
437, 157
37, 482
185
582, 497
87 709
440, 652
26 146
301
503, 418
57 439
394, 737
34 449
464
89
327
20
411
974
941
238
608
334
392, 048
70 852
264, 064
41 859
287
361 631
72 221
272, 165
7 722
'314
310 929
60 753
216, 263
16 992
'433
289 916
80 534
176, 185
17 508
260, 485
Imports, total 9
do
167, 161
N itrogenous materials, total 9
do
Nitrate of soda.__
do _ _ _ 94, 189
9,582
Phosphate materials
do
24, 101
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
49.50
port warehouses
__ dol. per short ton
214, 395
144, 266
84,590
10, 103
7,969
181, 884
139, 344
71, 461
7,343
4,145
123, 050
75, 805
26, 160
11, 237
18, 023
181 947
105 840
36, 049
12 027
41, 678
180 198
108 899
36, 449
7 256
35 839
192 190
106, 965
21, 724
17, 838
41, 720
205 134
155, 271
88, 290
10 079
22, 839
211 548
160, 757
50, 771
9 439
26, 194
298 502
220, 121
36, 109
14 813
39, 905
300 212
137, 632
33, 552
7 926
124, 828
48.00
48.00
48.00
48.00
48.00
49.75
49 75
49.75
49.75
49.75
P 49. 75
269, 417
165, 546
121, 134
90, 904
114 455
158 612
113 306
160 852
124 833
173 131
153 373
245, 330
314 277
227,202
'235,723
213,406
208,895
171,821
274,451
165,869
312,909
172,837
324,846
191,975
346 814
218,245
342 657
207,990
375,678
213,861
407 022
222, 379
417, 598
210, 399
410 915
229, 982
358, 747
241, 763
274, 653
223
137
82,235
107
78, 911
210
82, 007
195
80, 288
307
86, 887
299
82, 141
352
69, 603
340
68, 154
293
64, 719
259
58, 393
'190
61, 394
106
64, 580
462
4,049
429
4,093
440
4,087
460
4,153
470
4,173
445
4 273
462
4 305
446
4,355
472
4 423
461
4,540
415
4 621
429
4,621
403
4,638
23, 619
22, 503
20, 469
28, 854
28, 510
19, 680
23, 409
23, 265
17, 364
22, 102
23, 855
17, 107
25, 682
24, 260
16, 900
23, 377
24 086
15, 055
23, 046
23 850
13, 352
25, 786
23 137
13, 901
23, 132
17, 763
19, 763
24, 755
20, 791
23, 458
25, 698
25 430
23, 927
22, 503
22, 900
20, 691
22, 592
21, 443
20, 933
208, 585
139, 888
254, 929
230, 325
143, 522
248 253
212, 554
130, 684
250 302
211, 120
109, 670
253, 161
227, 447
152, 561
247 307
208, 097
140, 566
231 469
237, 040
155, 053
239 287
223, 282
137, 141
°49 102
211, 279
132, 330
270 070
231, 653
148, 147
267, 193
203, 628
126, 104
244 655
193, 459
135, 987
230,809
199, 340
129, 185
248, 584
1,358
11, 570
54, 107
12, 280
12, 423
57, 332
19, 010
11,177
66, 412
34, 146
12, 161
83, 788
25, 742
10, 785
77, 512
22, 958
12, 249
82 035
23, 743
13, 753
92, 372
8,387
10, 640
89, 110
6,419
12, 329
78, 480
384
10, 209
71, 148
440
9,619
66, 532
'647
' 10, 790
' 59, 032
1,455
8,558
63, 334
501
471
472
455
416
471
436
420
464
464
486
438
661
585
641
537
599
531
614
606
528
540
552
559
524
565
605
456
597
416
476
367
492
313
462
272
478
242
511
269
609
306
675
325
659
337
648
348
668
411
641
431
114, 055
39, 390
4,769
34, 621
76, 550
40, 067
9,855
30, 212
158, 024
32, 615
4,800
27, 814
77, 253
37, 157
5,668
31, 489
88, 234
39, 481
1 707
37, 774
68, 911
39 084
385
38 699
93, 305
43, 555
1,885
41, 670
55, 146
39, 887
1,157
38, 730
130, 156
50, 799
987
49, 811
89, 169
49, 254
1,795
47, 459
44, 651
30, 341
3 496
26, 845
78, 361
Potash deliveries
short tons
Superphosphate (100% available phosphoric acid) :
Production
short tons
Stocks, end of month
do
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
_
thous. of Ib
High explosives
do
Sulfur (native):
Production
thous. of long tons
Stocks (producers'), end of month
do
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases: cT
Tallow, edible:
Production t
thous. of Ib
Consumption factory^ t
do
Stocks (incl refined grades), end of month do
Tallow and grease (except wool), inedible:
Production $
do
Consumption factory ^t
do
Stocks (excl refined grades) end of month do
Fish and marine mammal oils: A
Production^
Consumption, factory}!
Stocks end of month
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production crude t
Consumption crude factory*
Stocks, end of month :J
Crude
Refined
Exports
Imports total
Paint oils
All other vegetable oils
do
do
do
mil of Ib
do
do
do
thous. of Ib
do
do
do
79, 924
Copra:
22, 333
27, 108
25, 274
26, 663
27, 222
32, 554
21, 887
27, 325
20, 334
31, 469
25, 503
32, 627
32, 450
Consumption, factory
short tons
9,602
16, 721
9,824
13, 504
12, 354
20, 235
10, 761
8,748
13, 219
18, 122
15,065
23, 979
Stocks end of month
do
30, 183
32, 120
15, 701
30, 015
15, 960
23, 231
16, 416
39, 410
22, 787
36, 483
22, 751
Imports
do
Coconut or copra oil:
Production:
35, 238
28, 490
40, 167
32, 604
28, 488
35, 415
34, 459
41, 574
41, 588
33, 758
25, 146
41, 069
32, 300
Crude
thous of Ib
38, 745
36, 211 34, 962
37, 823
36, 367
34, 364
33, 108
36, 425
34, 712
29, 178
18, 226
51, 702
35, 421
Refined
do
Consumption, factory:
54, 932
55, 078
52, 046
55, 516
32, 816
51, 142
54, 162
55, 205
48, 533
76, 573
47, 879
53, 019
54, 793
Crude
do
35, 093
34, 863
30, 766
24, 595
32, 532
33, 107
41, 806
35, 729
33, 266
37, 082
29, 526
35, 775
32, 050
Refined
do
Stocks, end of month:
41, 368
45, 930
57, 329
52, 208
46, 641
38, 821
40, 881
40, 617
50, 849
57, 866
56, 840
37, 065
36, 976
Crude
do
11, 505
12, 485
11,065
13,065
11, 163
4, 467
9,259
11,913
12, 287
11, 245
9,027
11, 436
10, 023
Refined
do
19, 776
10, 589
17,813
15, 245
14, 460
23, 099
14, 238
10, 995
12, 378
16, 329
10, 060
Imports
do
Cottonseed:
12
36
81
504
238
273
925
101
11
10
932
1,140
10
Receipts at mills
thous of short tons
'327
522
255
142
407
542
346
646
120
224
278
610
147
Consumption (crush)
do
'758
516
1,042
260
164
1,616
1,367
1,233
418
912
183
320
533
Stocks at mills, end of month
do
Cottonseed cake and meal:
71,002 166, 582 299, 826 280, 242 246, 686 238, 031 186, 389 ' 149,743 117, 320
58, 531
135, 735 112, 023
72, 366
Production
short tons
279, 436 293, 212 287, 779 251, 816 209, 556 209, 213 249, 383 261, 578 246, 341 241, 455 224, 694 ' 198,037 189, 776
Stocks at mills, end of month
do
Cottonseed oil, crude:
87, 224
42, 577
53, 599
81, 445
99, 742
48, 393 114, 715 223, 092 203, 699 180, 635 174, 440 140, 101 110,930
Production
thous. of Ib
87, 442
64 027 108 132 127, 828 124 341 129, 699 136, 965 ' 124,862
70 242
48, 915
36, 787
116, 696 107 760
Stocks end of month J
do
Cottonseed oil, refined:
65, 405
54, 947
75, 529 130, 973 133, 777 131, 698 138, 290 108, 729 109, 427 108, 425
74, 543
90, 323
43, 777
Production
do
96, 364
92, 916
94, 796
94, 429 116, 520 109, 610 107, 956 115, 273
100 139 106 940 105 878 101,717 103, 764
Consumption factory J
do
11, 081
10, 263
14, 736
15,619
17, 777
14, 365
15, 685
15, 571
20,579
18, 008
13, 573
19, 669
15, 048
In margarine
do
192
189
161
152
132
82
114
95
154
245
99
205
278
Stocks end of month J
mil oflb
v. 205
.205
.205
.205
.195
.205
.195
.185
.195
. 180
.190
.180
.180
Price wholesale drums (N Y )
dol per Ib
Flaxseed:
1
25, 754
Production (crop estimate)
thous of bu
Oil mills:
1,684
2,312
1,942
1,854
3,373
3,055
2,069
2,981
2,373
2, 730
1,508
1,561
1,500
Consumption
do
2,127
2,847
4, 155
4,662
4,414
4,719
2,615
3,707
2,777
2 352
1 422
3 794
1 748
Stocks end of month
do
3.21
2.99
3.10
2.96
3.34
3.25
3.42
3.35
3.40
3.07
3.40
3.07
3.16
3.17
Price, wholesale, No. 1 (Minneapolis) .dol. per bu_
' Revised.
? Preliminary.
* December 1 estimate of 1957 crop.
©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): 1957—January-March, 277; April-June, 323; July-September, 79; October-December, 66; 1958—January-March, 219.
9 Includes data not shown separately.
cfFor data on lard, see p. S-29.
^Revisions for 1954-October 1956 for edible tallow and for 1956 for the following indicated series will be published later: Inedible tallow, and fish oils (production and consumption, JanuarySeptember); total vegetable oils (production, January, February, May, and June; consumption and stocks, January-September); crude cottonseed oil stocks, May; refined cottonseed oil
(total consumption and stocks, March-May).
^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 oils, and stocks include only the quantities of
these oils held by producing firms.
a Revisions for January-March 1957 (short tons): Production, 221,434; 219,239; 231,218; stocks, 414,916; 419,130; 321,827.
SUEVEY OF CUEEENT BUSINESS
S-26
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
May
June
July
1958
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Continued
Linseed oil, raw:
Production
.
thous. of lb._
Consumption factory
do
Stocks at factory end of month
do
Price wholesale (Minneapolis)
dol per lb_.
Soy beans:
Production (crop estimate)
thous. of bu. _
Consumption, factory
-- __do
Stocks end of month
do
Soybean oil:
Production:
Crude
thous. of lb._
Refined
-- do
Consumption factory refinedt
do _ _
Stocks, end of month:
Crude
do
Refinedt do. _ _
Price, wholesale, refined (N. Y.)
_dol. per lb_.
Margarine:
Production
thous. of Ib -Stocks (factory and warehouse^ end of mo
do
Price, wholesale, colored, delivered (eastern U. S.)
dol per Ib
Shortening:
Production t
thous. of Ib
Stocks end of month
do
PAINTS, VARNISH, AND LACQUER
Factory shipments total
thous. of dol_
Industrial sales
do
Trade sales
do
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 __
Phen olic and other tar acid resins
Polystyrene
Urea and melamine resins
Vinyl resins
Alkyd resins
_ _
Rosin modifications
Polyester resins
Polyethylene resins. .
Miscellaneous
_
31, 106
40,890
135, 446
.127
31, 929
35, 442
123, 646
.127
30, 533
42, 438
69, 912
.127
61, 488
38, 627
71, 442
.127
68, 387
48, 496
73, 249
.133
58, 787
43, 661
72 649
.142
52, 829
43, 348
64 345
.148
45, 699
35, 696
75 380
.149
39, 771
27, 308
89 258
.150
35, 847
32, 616
87, 429
.150
37, 788
29, 177
95, 766
.148
44, 166
35, 016
103 080
.143
32, 888
32, 226
99 184
TO .140
27, 328
33, 533
26, 476
24,678
24, 693
18, 724
24, 354
18, 655
25, 387
12, 778
22, 245
6,370
28, 084
66, 741
29, 227
80, 467
1 479, 841
28, 417
78, 863
31, 091
70, 010
27,104
62, 897
30, 850
57 983
31, 477
51, 746
298, 230
213, 476
207, 436
289, 605
217, 495
213, 302
271, 970
238, 089
235, 912
268, 757
211, 177
202, 512
276, 614
241, 083
222, 759
244, 415
210, 216
221, 872
306, 746
252, 453
247,491
313, 366
240, 139
231, 439
299, 940
248, 735
249, 682
328, 321
292, 857
285, 901
288, 663
276, 880
271, 887
330, 112
280,886
255, 936
335, 600
290, 285
299, 146
173, 139
97, 212
.185
195, 853
101, 845
.175
180, 480
98, 325
.175
217, 629
98, 925
.175
199, 167
113, 725
.175
182, 123
103, 781
.170
194, 319
110, 813
.170
249, 323
125, 027
.170
281, 268
124, 738
.170
261, 537
114, 704
.170
242, 552
116, 994
.170
264, 859
142, 617
.170
282, 648
159, 474
p. 170
122, 897
27, 426
116, 196
29, 963
98, 088
28, 855
109, 977
25, 444
116, 812
28,453
120, 737
27, 303
137, 803
29 391
128, 788
32 205
134, 716
26 392
150, 862
28 930
135 202
34 324
124, 382
36 625
131, 531
33 163
.282
.275
.275
.275
.275
.275
275
275
275
275
275
275
p 275
127, 363
129, 987
150, 741
123, 001
147, 478
130, 125
131, 433
118,022
160, 503
108, 393
160, 293
112, 674
176 608
112, 538
168 555
114, 493
150, 971
120, 337
175, 410
116, 209
167 332
124 689
149 601
134, 781
154 348
134 633
133, 049 r r134, 411 r 1 14, 047 r 95, 689 120. 276
50, 808
55, 968 >• 49, 459 ' 42, 379 49, 320
82, 241 " 78 443 r 64, 588 r 53, 310
70, 956
103 995
42 498
61 497
117 438
45, 216
72 222
139 410
48, 344
91 066
a'145,360 r 158, 000 r 153, 263 'r 148, 633 r 152,206
a '57,559 'r 59, 849 r' 55, 380 r 55, 143 *r 57, 220
98, 151
a -87,801
97, 883 93, 490 94, 986
r
r
r
3,823
7,168
357
528
3,658
7,672
412
466
4,094
7,794
270
468
2,872
6,621
233
341
3,580
7,200
318
511
4,186
9,098
281
495
3 813
9,663
330
546
3,653
7,624
339
344
3,885
7,778
360
259
3,564
6,138
348
874
3 283
6,677
290
671
3 823
7,653
278
736
do .
do
.-do
do
do _ _
35, 442
48, 871
24, 217
67, 640
32, 382
39, 251
48, 598
23, 971
71, 363
34, 715
35, 561
43, 309
22, 268
68, 327
32, 120
32, 607
38, 889
18, 057
63, 272
27, 858
37, 043
46, 520
23, 597
72, 263
29,228
37, 406
48,496
23, 486
72, 238
29, 993
45, 317
52, 759
25, 933
77 088
32, 979
37, 769
47, 811
22, 926
71, 535
24, 937
34, 379
45, 903
23, 094
66, 458
24, OSS
38,813
41, 701
25, 630
68, 977
27, 927
32, 500
42 216
21, 871
58 327
25, 805
32, 802
45 228
23, 901
62 326
25 883
do ._
do
do
do _ _
10, 508
8,961
51, 793
15, 711
11, 749
8,525
56, 170
15, 118
11, 000
8,178
56, 074
14,900
9,149
7,209
55, 357
14, 428
10, 048
7,336
58, 349
15, 313
10, 442
6,664
60, 184
15, 874
10, 991
7 976
62, 552
17 681
9,097
6,589
62, 936
16,046
7,590
6, 546
68, 510
14, 741
10, 340
7,533
69, 522
15, 677
r
8, 643
7,910
61,801
12 938
8,506
8 637
64, 575
14 356
r
r
r
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), totalj
mil ofkw.-hr..
Electric utilities, total
do
By fuels
do
By waterpower
._
_ do
57, 702
50, 669
38, 622
12, 047
58,909
51, 699
39, 900
11, 800
58, 990
52, 053
40, 873
11, 180
61, 191
54, 348
43, 534
10, 814
62, 649
55, 449
45, 416
10, 033
58, 335
51, 573
42, 291
9,282
60, 297
53, 157
43, 116
10, 041
58, 667
51, 788
40, 886
10, 902
60, 888
54, 029
41, 597
12, 432
62, 216
55, 363
42, 838
12, 525
56, 219
50, 056
39, 082
10, 974
59, 158
52, 623
39, 917
12, 706
55, 785
49, 489
36, 491
12, 999
Privately and municipally owned utilities . do
Other producers (publicly owned)
do
40, 641
10, 028
41, 190
10, 509
41, 590
10, 463
43, 532
10, 816
44, 585
10, 863
41, 742
9,831
42, 956
10, 201
41, 651
10, 137
43, 653
10, 376
44, 454
10, 910
40, 238
9,817
41, 693
10, 930
39, 062
10, 427
do
do
do
7, 033
6,724
310
7,210
6,917
293
6,937
6,678
259
6,843
6,628
215
7,200
6,999
201
6,762
6,559
203
7,140
6,918
222
6,879
6,631
249
6,860
6,568
291
6,853
6,544
309
6,164
5, 874
289
6,535
6,206
329
6,296
5,976
320
do
45, 671
45, 354
45, 613
46, 349
47, 976
47, 382
46, 304
46, 042
47, 062
48, 433
46, 987 * 46, 700
do
do
7,324
23, 679
7,440
23, 996
7,935
23, 815
8, 585
23,068
8,839
24, 026
8,680
23, 845
7,969
24, 120
7,772
23, 367
7,932
22,911
8,144
22,603
7,961 P 7, 800
21, 649 v 22, 175
361
Railways and railroads
do
Residential or domestic
__
do. __ 11, 970
922
Rural (distinct rural rates)
do
393
Street and highway lighting. _ _ _ _
do _
969
Other public authorities
do
Interdepartmental
do
53
Revenue from sales to ultimate customers (Edison
Electric Institute)!
thous. of dol_. 751, 689
GAS
Manufactured and mixed gas (quarterly) :cf
Customers, end of quarter, total
thousands-Residential (incl house-heating)
do
Industrial and commercial
do
334
11,310
903
370
950
51
312
11, 205
985
347
958
56
316
11,710
1,258
357
995
60
322
11, 996
1,339
388
1,007
59
315
11, 897
1,189
415
985
56
326
11, 493
908
457
989
42
331
12, 322
741
491
982
36
362
13, 553
730
516
1,012
46
376
14, 919
776
529
1,037
49
349
14, 691 p 14, 020
762
477
1,054
44
746, 672
758, 054
777, 509
796, 383
793, 263
771, 174
773, 505
798, 014
824, 613
Industrial establishments, total
Byfuels
__ _
By waterpower
_
Sales to ultimate customers, total (EEI)J
Commercial and industrial:
Small light and power
_ _ _ _
Large light and power .
__ _ _
3,282
3,064
216
3,208
2,996
210
811, 224
3,137
2,928
207
526
592
302
Sales to consumers, total
mil of therms
366
431
179
Residential (incl. house-heating)
do
151
153
115
Industrial and commercial
do
Revenue from sales to consumers, total
75, 580
81, 381
48, 503
thous of dol
57, 581
34, 922
63,192
Residential (incl house-heating)
do
17, 467
16,653
13, 132
Industrial and commercial
do
r
l
Revised.
p Preliminary.
December 1 estimate of 1957 crop.
J Revisions will be published later for indicated series as follows: Soybean oil consumption and refined stocks, March-May 1956; crude stocks, April 1956; shortening production, March
1956; electric-power sales and revenue, January-December 1956. Electric-power production revisions for January-December 1956 appear on p. 20 of the March 1958 SURVEY.
cf Totals include data not shown separately. Revisions for 1st and 2d quarters of 1956 are available upon request.
a Revisions for January-March 1957 (thous. dol.): Total factory shipments—125,730; 112,742; 130,657; industrial sales—54,687; 50,195; 55,242; trade sales—71,043; 62,547; 75,415.
June 1958
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-27
1957
April
May
June
July
1958
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly) re?1
Customers, end of quarter, total
Residential (incl house-heating)
Industrial and commercial
thousands-do
do
26, 705
24, 637
2,040
26, 815
24, 778
2,009
27,509
25 341
2,138
mil. of therms _
do
do
16, 898
5,125
11, 030
14, 223
2,055
11, 296
19, 139
6 474
11, 818
Revenue from sales to consumers, total.thous. of dol__
Residential (incl house-heating)
do
Industrial and commercial
do
851, 014
466, 161
365, 489
602, 220
241, 943
339, 062
1,007,524
573 113
410 165
Sales to consumers, total
Residential (incl» house-heating)
Industrial and commercial
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8,081
9,007
Production
thous. of bbl
6,992
8,201
Taxable withdrawals
do
10, 931 11,211
Stocks end of month
do _
Distilled spirits:
19,033
19,307
Production
thous. of tax gal
Consumption, apparent, for beverage purposes
17,868
thous. of wine gal _ 15, 264
12, 201
Tax-paid withdrawals
thous. of tax gal . 11,190
850,996 854, 885
Stocks end of month
do
1,965
2,277
Imports
thous. of proof galWhisky:
12,
500
10,
776
Production
thous. of tax gal_
6,214
5,432
Tax-paid withdrawals _
do
743,
488
740,
710
Stocks end of month
do
1,782
2,056
Imports
thous. of proof gal
Rectified spirits and wines, production, total 9
5,248
5,629
thous. of proof gal4,382
4,170
Whisky
do
Wines and distilling materials:
Effervescent wines:
226
237
Production
thous. of wine gal _
183
160
Taxable withdrawals
do
1,713
1,755
Stocks, end of month
do
67
50
Imports
do
Still wines:
1,912
2,139
Production
do
11,893
11, 295
Taxable withdrawals
do
159, 627 149, 601
Stocks end of month
do
653
649
Imports
do
866
1,871
Distilling materials produced at wineries
do
9,803
9,191
11, 469
8.354
8,482
10, 805
6,838
6,884
10, 333
6,769
6,517
10, 135
5,247
5,723
9,337
14, 063
8,478
11, 002
23, 650
34, 060
16, 443
12, 887
853, 012
1,936
15, 121
10, 316
848, 118
2,211
16, 994
11,568
845, 122
1,942
16, 047
13, 786
842, 191
2,579
20, 808
19, 463
838, 122
3,532
8,067
6,404
742, 872
1,739
4,048
4,177
741, 197
2,024
5,262
5,482
739, 048
1,740
8,214
7,604
736, 320
2,332
6,926
5,615
5,332
4,171
5,611
4,219
282
173
1,840
50
155
105
1,877
36
1,984
10, 421
139, 115
621
1,332
9,011
8,247
11, 451
5,952
6,420
8,495
6,774
5.938
8,941
21, 866
19,412
19, 732
22, 052
16,014
836, 771
3,644
24, 352
11, 042
842, 162
3,129
14, 515
10, 279
849, 714
1,744
12, 189
10, 283
734, 308
3,159
11, 743
9,170
733,948
3,310
11, 917
5,787
737, 587
2,770
11, 951
5.520
742, 111
1,570
7,227
6,918
10, 532
9,023
8,931
7,553
6,256
5,095
336
155
2,039
49
172
184
2,007
59
187
276
1,892
96
178
329
1,722
104
1,049
9,248
130, 148
457
1,192
4,132
10, 888
122, 608
509
10, 566
42, 227
13, 680
149, 569
620
97, 449
69.443
15, 355
206, 200
848
123, 025
6,273
5,235
9,618
7,277
6, 253
10, 233
7,465
6,746
10 527
18, 808
19, 770
18 886
14, 632
10,990
853, 894
1,848
16,426
12, 523
858, 371
11,590
863 089
11, 477
6,009
745, 319
1,640
12, 676
6,285
749, 043
11 710
5,734
751 881
4,915
3,805
5,531
4,586
5,888
4,870
5,632
4 523
218
308
1,609
141
251
166
1,668
52
272
119
1,814
34
289
138
1,949
281
154
2,060
12, 774
12, 476
203, 882
813
25, 263
3,727
12, 332
190, 765
908
5,044
2,410
11, 507
181, 670
622
3,192
1,720
10, 792
171, 126
488
1,091
2,059
12, 732
160, 482
1,757
11,520
148, 906
1 861
1,074
r
DAIRY PRODUCTS
Butter, creamery:
Production (factory) J.
thous of Ib
Stocks, cold storage, end of month
do
Price wholesale 92-score (New York) dol per Ib
Cheese:
Production (factory) totalt
thous of Ib
American, whole milkt
do
Stocks, cold storage, end of month, total
do
American, whole milk
do _
Imports
do
Price, wholesale, American, single daisies (Chicago)
dol. per lb__
Condensed and evaporated milk:
Production, case goods :J
Condensed (sweetened) - _
thous. of lb__
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of month:
Condensed f sweetened)
thous of Ib
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened)
do
Price, wholesale, U. S. average:
Evaporated (unsweetened)
Fluid milk:
Production!
_
133,450
61,996
.604
159, 085
95, 998
.602
149, 400
147,013
.601
127, 180
176, 061
.601
108, 955
171, 815
.607
91, 265
145, 262
.624
100, 540
126, 921
.614
93, 770
109, 373
.607
106, 330
87, 312
.609
118, 135
86, 114
.604
112, 390
87,684
.604
129, 400
106, 315
.599
131, 340
115, 548
.588
130, 705
95, 660
162, 510
126, 505
159, 580
124, 990
137, 160
105, 135
118, 535
89, 155
101, 035
72, 835
99, 580
68,810
89, 180
59, 180
97, 670
64, 625
100, 330
67, 605
94,935
64,740
116, 205
80, 255
128, 345
93, 075
401, 305
355, 337
4,325
435, 024
391, 152
3,955
470, 788
424, 143
4,202
500, 206
454, 504
2,850
513, 280
466, 815
3,208
502, 852
458, 427
3,214
468, 427
429, 443
5,144
440, 677
404, 135
4,892
410, 524
376, 618
5,871
380. 531
344, 943
4,562
353, 469
318, 444
3,898
.390
.390
.388
.388
.388
.391
.392
.392
.396
.395
.395
.394
.380
6,350
249,000
4,250
312, 000
3,650
278, 000
6,050
244, 250
4,500
216, 500
3,950
170, 900
4,475
162, 500
3,300
137, 200
3,350
143, 500
4,150
145,000
2,700
135, 000
4,250
175, 900
6,050
209, 200
9,227
154, 153
9,547
244, 663
9,416
368, 927
8,406
421, 722
7, 517
438, 666
7,533
428, 868
6,634
379, 641
6,469
262, 925
5,834
215, 465
5,384
158, 966
4,287
108, 106
5,501
87,190
6, 690
107, 167
4 802
7 861
2 536
13 034
1,444
16 306
3,153
12, 149
3,350
19, 897
1,712
15, 762
2,504
16, 375
1,513
10, 854
1,568
12, 038
2,183
9 547
2,781
6,881
1,752
7,322
339, 873 '328,349
307, 487 -•293,270
6 05
6 06
6.05
6.06
6.06
6.05
6.05
6.08
6.14
6.15
6.15
6.15
6.12
11,412
4 647
dol. per 100 lb__ '3.98
13,007
5 593
'3.84
12, 518
5 312
3.83
11, 597
4 593
3.99
10, 736
3 929
4.16
9,538
3 307
4.40
9,379
3, 454
4.56
8,771
3,148
4.62
9,346
3,510
4.51
9,800
3 771
4.42
9,482
3,565
4.33
10, 944
4,217
4.16
11,413
4,462
3.88
dol per case
_ _ _ mil. oflb_
134,965
332, 395
296, 949
.384
12, 889
P3.77
Price, wholesale, U. S. average
Dry milk:
Production:!
6,800
8,200
8,400
5.500
6,000
7,000
7,100
6,700
7,300
8,700
10, 100
8,600
10,900
Dry whole milk
thous of Ib
89,400 100, 460 104, 200 127, 700 142, 700 135, 100 165, 700 177, 700
171, 800 215, 700 200,200 151, 500 119, 200
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
8,964
8,178
9,423
7,281
11,013
12,736
11, 095
11, 671
7,503
13, 941
13, 552
12, 014
9,758
Dry whole milk
do
87, 334 82, 238
89, 345
85, 002
83, 253 85, 688
95, 571 139, 730 167, 774 154, 706 131, 546 107, 023 92, 804
Nonfat dry milk solids (human food) J
do
Exports:
3,722
1,823
4,561
3,666
5,350
3,610
5,168
3,000
2,681
3,183
3 940
4 858
Dry whole milk
do
28, 929
11, 203 13, 052
7,756
30, 260
10, 117
24,192
29, 588
19, 491
29, 933
18,290
24, 418
Nonfat dry milk solids (human food)
do
Price, wholesale, nonfat dry milk solids (human
.152
.154
.154
.152
.152
.154
.153
.153
.141
.153
.154
.153
.153
food). U. S. averaee
___dol. nerlb__
r
Revised. * Preliminary.
cf Totals include data not shown separately. Revisions for 1st and 2d quarters of 1956 are available upon request.
9 Data beginning July 1957 exclude production of wines and vermouth; for July 1956-June 1957, such production totaled 146,000 gal.
^Revisions for the indicated items and for the periods specified are available upon request as follows: Butter, cheese (total and American), dry whole milk, and nonfat dry milk solids (production)—January 1955-September 1956; condensed milk and evaporated milk—January-September 1956; fluid milk—January-December 1956; nonfat dry milk solids (stocks)—January 1954December 1956.
SUEVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. of bu
Shipments, carlot
no. of carloads..
Stocks, cold storage, end of month
thous. of bu_.
1,807
3,246
1,020
1,045
266
384
144
229
56
340
808
12, 215
3,466
48, 634
2,768
45, 621
1117,308
3,212
37, 368
3,199
25, 310
3,102
18, 229
3,464
9,412
2,115
»• 4, 195
1,339
1,223
7,851
9,724
8,630
7,299
5,797
4,514
4,734
6,505
8,573
7,059
6,043
6,323
6,114
7,303
292, 185
505, 397
655, 695
272,005
562, 221
625, 384
375, 067
567, 775
657, 296
498, 120
504, 187
726, 872
550, 700
445, 713
873, 685
566, 338
398, 485
984, 765
545, 092
337, 273
993, 230
522, 747
274, 368
957, 089
494, 275
288, 625
881, 717
443, 980
362, 743
780, 616
402, 077
413, 994
698, 325
361, 732 r 297, 391
439, 761 -•490,771
621, 568 ••576,539
310, 167
500, 217
541, 387
17,992
18, 650
20, 031
10, 849
9,388
10, 146
12, 738
13,270
i 236,268
13,612
16, 743
16, 711 ' 20, 306 15, 320
17, 483
3.540
3.930
3.658
3.328
3.841
3.290
3.708
3.350
3.288
3.800
69, 472
57, 885
71, 950
49, 117
60, 195
49, 873
55, 497
60, 335
64, 199
8,340
8,263
15, 480
15, 403
22, 973
11, 809
13, 818
12, 357
i 435,695
13, 947
_ _ __ do. ._
do
do
25, 343
22,224
40, 120
44, 894
39, 203
5,697
4,458
3,305
44, 855
275, 531
3,820
41, 471
3,576
31, 253
242,265
3,569
6,821
dol. per bu_do
1.263
1.205
1.238
1.188
1.131
1.036
1.139
1.055
1.176
1.115
1.228
1.160
1.264
1.197
12, 023
32, 770
11,473
17, 203
11,661
17, 375
12, 321
21, 525
11, 716
16, 864
157, 821
153, 642
1,122.7
9,937
139, 360
128, 029
14, 108
10, 549
18, 643
1.333
1.267
1.316
1.292
1.337
1.336
5,968
4,272
3,652
13, 240
11, 688
12, 066
2
193, 708
1,134
1,237
.738
.695
Citrus fruits, carlot shipments
no. of carloads
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits _
_
thous. of lb_
Fruit juices and purees
do
Vegetables
.
_do
Potatoes, white:
Production (crop estimate)
thous of cwt
Shipments, carlot
no. of carloads
Price, wholesale, U. S. No. 1 (New York)
dol per 100 Ib
3.808
r 5. 300
64, 831 r 52, 391
48,840
v 5. 675
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat).. thous. of bu._
Barley:
Production (crop estimate)
Receipts, 4 principal markets t _
Stocks, domestic, end of month:
Commercial
_
On farms
Exports including malt§
Prices, wholesale (Minneapolis) :
No. 2, malting
No. 3, straight
.
do
._ do
Corn:
Production (crop estimate)
mil of bu
11,133
Orindings wet process
thous of bu
47, 066
Receipts interior primary markets
do
Stocks, domestic, end of month:
151,613
Commercial _ _ _
do
On farms
mil of bu
12,313
Exports including meal and flour thous of bu
Prices, wholesale:
1.298
No. 3, yellow (Chicago)
dol. per bu_.
1.240
Weighted average, 5 markets, all grades
do
Oats:
Production (crop estimate)
Receipts, interior primary markets
Stocks, domestic, end of month:
Commercial
mil of bu
thous. of bu.~
do
Exports including oatmeal
do
Price, wholesale, No. 3, white (Chicago). dol. per bti__
1,203
.727
Rice:
Production (crop estimate)
thous of bags Q
California:
Receipts, domestic, rough
thous. of lb__ 123, 311
81, 696
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of lb_. 51, 580
Southern States (Ark., La., Tenn., Tex.):
17,955
Receipts rough at mills
do
101, 820
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
509.2
basis), ond of month
mil oflb
245, 283
Exports
thous of Ib
.089
Price, wholesale, head, clean (N. O.)
dol. perlb__
Rye:
Production (crop estimate)
thous of bu
Rpopipts, interior primary markets
do
Stocks, commercial, domestic, end of month___do
Price, wholesale, No. 2 (Minneapolis) ___dol. per bu_.
302
2,966
1.363
14, 995
11,860
9,604
7,676
9,694
31, 766
29, 080
15, 921
9,011
7,179
25, 073
149, 199
8,153
20, 068
6,600
37 306
209^ 236
10, 366
1.248
1.174
1.224
1.142
1.230
1.172
1.250
1.185
1.259
1.187
1.289
1.216
1.311
1.218
12, 952
20, 520
11, 682
39, 700
i 3, 403
10, 511
53, 974
11, 822
46, 017
'11,336
29, 586
11, 638
37, 744
12, 064
43, 900
120, 317
2 419. 6
13, 867
110, 211
105, 664
110, 864
110, 526
20, 108
16, 045
111,375
1, 672. 7
7,963
112, 538
20, 530
107, 362
2, 457. 5
22, 360
112,728
15, 141
1.312
1.260
1.262
1.184
1.189
1.151
1.157
1.103
1.148
1.032
1.108
1.005
1.128
1.067
1.165
1.081
1.288
1.201
1.311
1.258
10, 607
26, 275
7,805
7,278
5,090
i 1, 308
6,196
16,083
24, 314
22, 225
18, 046
1,411
.662
3,490
.674
25, 420
1,056,555
1,694
.650
2,133
.632
2,802
.750
1
do
do
thous. of bu__
do
do
United Stites domestic totaled1
mil of bu
Commercial^
thous of bu
Interior and merchant mills, elevators, and
warehouses
thous of bu
On farms
do
Exports, total, including
Wheat only
flour
do
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per bu_.
No. 2, hard winter (Kansas City)
do._ _
No. 2, red winter (St. Louis)
do
Weighted avs:.. 6 markets, all grades. __ .__ do
46, 960
27, 681
65, 842
43, 117
65, 374
38,961
34, 390
31, 809
55, 794
35, 958
51, 975
38, 140
43, 023
43, 130
58, 179
58,335
59, 873
49, 433
47, 331
98,760
104, 282
74, 187
137, 416
75, 812
143, 910
92, 428
137, 968
31,464
110, 265
989.9
94, 713
.095
1, 064. 4
97,996
.095
999.6
86, 378
.096
913.0
53,896
.096
820.2
110, 835
•-.098
676.3
150, 219
.098
561.7
524
6,209
1.306
635
5,378
1.330
i 26, 528
544
4,488
1.334
215
3,512
1.284
257
2,938
1.323
336
2,336
1.335
206
1,866
1.354
443.8
71,111
.091
376.5
109, 789
.095
256.4
37, 884
.094
472.0
147, 210
.093
483
2,285
1.240
3,531
2,023
1.292
2,730
6,692
1.246
2,124
7, 515
1.281
852
7,684
1.304
i 947. 1
i 239. 9
i 707. 2
20, 595
221, 703
35, 801
254, 417
29, 674
26, 913
396, 776
382, 848
379, 043
367, 214
377, 420
437, 937
1, 603. 4
412, 237
398, 347
1,384 8
360, 662
25, 472
25, 221
282, 045
107, 434
65, 777
365, 104
364, 343
384,362
401, 176
2
411, 584
.633
55, 802
394.3
104, 434
.091
24, 030
356, 532
.685
399, 837
141, 132
70, 428
89, 787
908. 7
341, 690 2313,481
5,804
1,914
.654
49, 380
42, 469
27, 618
126, 704
60,968
33, 836
Wheat:
Spring wheat
"Winter wheat
Receipts, interior primary markets
Disappearance (Quarterly total)
Stocks, end of month:
Canada (Canadian wheat)
8,698
1,570
.647
17, 151
42, 424
14, 122
86, 565
20, 879
93, 489
5,174
485, 373 1,185,118
124, 672 171, 798
44, 158
39, 423
6,758
10, 846
542, 592
559
.662
105, 545
35, 592
54, 245
33, 239
87, 304
52, 665
4,111
12, 600
33, 195
45, 839
62, 147
39, 704
98, 507
76, 095
5, 418
12, 971
15, 135
853, 776
3,031
.646
417, 052
714, 403
393, 898
2444,326
2 59, 896
36, 622
32, 600
56, 849
51, 403
32, 252
27, 819
34, 346
29, 497
30, 425
25, 845
30, 999
25, 656
29, 774
24, 097
27, 861
23, 490
2.393
2.302
2.213
2.401
2.371
2.231
2.109
2.344
2.416
2.268
2.057
2.365
2.435
2.135
2.110
2.221
2.361
2.112
2.108
2.289
2.382
2.121
2.139
2.302
2.428
2.132
2.178
2. 326
2.439
2.201
(4)
2.356
2.390
2.182
2.278
2.301
1,816
1.386
31,270.6
3 201. 9
31,068.7
28, 823
28, 937
26, 612
265, 674
24, 153
380, 072
373, 483
361, 862
355, 159
356, 640
1, 121. 5
335, 916
346, 820
338, 279
2.417
2.262
2.282
2.351
2.433
2.271
(4)
2.383
362, 829
659, 996
291, 629
51, 007
46, 383
p. 103
534, 744
176, 246
33, 516 ' 27, 184
22, 479
27, 813
32, 164
26, 823
2.365
2.200
(4)
2,285
2.383
2.273
(4)
2.326
2.375
2.211
2.258
2.304
' Revised.
* Preliminary.
i December 1 estimate of 1957 crop.
5
4
June 1 estimate of 1958 crop.
No quotation.
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
{Revised beginning January 1954 to reflect data compiled from reports based on 5-day weeks (prior thereto, based on 6-day weeks). Revisions for January 1954 through July 1956 are shown
in the October 1957 SURVEY.
§Excludes a small amount of pearl barley.
9 Bags of 100 Ib.
cf The total includes wheat owned by Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
JData for March, June, September, and December are not strictly comparable with those for other months, largely because of somewhat smaller coverage of the quarterly reports.
2
June
SURVEY OF CURRENT BUSINESS
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-29
1958
1957
April
May
June
July
August Septem- October Novem- December
ber
ber
January
February
March
April
19, 394
80.6
373, 280
44, 464
May
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
18, 144
19, 383
20, 317
18, 940
18, 868
Flour
_ . _ _ thous. of sacks (100 Ib.)
83.6
85.2
81.1
79.1
79.0
O perations, percent of capacity
Offal
short tons 360, 570 365, 727 347, 039 365, 966 394, 942
44, 256
41,591
43, 323
43, 319
46, 796
Qrindings of wheat.. .. thous. of bu
Stocks held by mills, end of quarter
4,746
thous. of sacks (100 Ib.)
1,985
1,903
1,727
2,338
2,081
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
6.025
5.900
6.210
6.005
dol. per sack (100 lb.)_. 5.975
5.725
5.790
5.575
5.600
5.800
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
20, 584
95.1
399, 353
47, 311
22, 057
88.6
431, 000
50, 779
19, 565
90.5
381,503
45, 015
19, 750
86.9
384, 794
45, 395
21, 715
91.2
420, 749
49, 882
19, 254
88.9
372, 246
44, 180
20, 465
89.1
395, 284
46, 739
5,189
1,966
2,293
2,437
4,905
1,876
2,448
' 2, 020
4,976
2,293
6,010
5. 575
6.135
5.585
6.215
5.635
6. 160
5. 780
6.100
5. 675
6.090
5.750
5. 980
5. 610
P 5. 990
p 5. 750
613
1,499
1,947
212
580
1,665
1,961
205
535
1,535
1,860
160
596
1,759
2,312
272
615
1,726
2,207
475
638
1,627
2.491
679
742
1,801
2,861
1,190
598
1,515
2, 158
973
569
1,473
1,953
608
547
1, 630
1,894
341
468
1,309
1,542
256
'518
1,360
1,818
285
485
1,383
1,729
302
438
1, 468
22.61
20.86
27.00
22.85
21.13
25.00
23.07
20.20
25. 00
24.76
20.74
22.50
25. 45
20.33
24.50
24.84
20.11
25.50
24. 48
20.18
26.50
25.06
21.41
27.50
25.74
22.68
29.00
26. 31
23.02
30.00
26.65
24. 35
32. 50
28.28
25. 79
31.50
28. 59
26.83
P 34. 00
28. 27
27. 16
5,000
2, 657
4,884
2,573
3,994
2,245
4,185
2,294
4, 418
2,326
5,060
2,599
6,094
3,114
5, 505
2,780
5, 523
2,974
5, 531
2,868
4, 453
2,244
4,818
2, 499
4, 963
2,580
4,444
17.52
17.39
18.15
19.39
20.37
19.12
17.16
16.79
17.95
18.71
19.77
20. 81
20. 26
21. 58
14.4
14.0
15.1
15.7
16.3
16.6
15.9
17.0
18.2
19.9
20.6
20.3
18.0
18.9
1,061
996
113
1,133
1,013
161
1,044
914
108
1,200
1, 108
222
1,111
1,059
352
1,104
1,308
502
1,210
1,463
690
958
930
248
978
912
190
1,061
908
144
940
795
121
'1,000
908
117
1,149
988
106
1,122
22.75
21.75
24.00
21.07
23.00
21.06
23.75
20.60
23.75
21.14
22.00
21.88
21. 50
21. 05
22.00
21.06
22.62
21.30
23.50
22.53
23.00
23.33
22.12
22.99
21.00
22.22
22.25
1,851
1,828
1,858
2,169
1,920
1,932
2,051
1,622
1,720
1,804
395
58
26
330
46
42
305
56
33
318
65
49
370
63
37
403
57
59
429
50
49
425
53
55
418
54
'453
430
1,019.8
116, 063
1,637
11, 796
1, 010. 4
120, 414
1,774
30, 730
960.7
113, 584
9, 699
18, 591
1, 065. 9
118, 864
2,770
33, 245
896.1
142, 236
2,483
20, 489
884.7
146, 840
4,698
40, 708
998.1
146, 743
2,252
28, 459
789.7
125,940
2,162
37, 709
809.5
118, 766
1,973
839.0
'111,937
106, 696
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
1,721
1,963
1,866
slaughter
mil. oflb
Stocks (excluding lard), cold storage, end of month cf
552
595
484
mil. oflb..
89
90
66
Exports (including lard)
do
24
30
33
Imports (excluding lard)
do
Beef and veal:
999.1
904.7
906.1
Production, inspected slaughter
do _
Stocks, cold storage, end of month
thous. oflb.. 168, 599 141, 556 123, 321
8,451
3,404
4,623
Exports
do
11,066
16, 612
16, 718
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
.410
.406
.395
(600 700 Ibs ) (New York)
dol per Ib
Lamb and mutton:
Production, inspected slaughter
thous. of lb_. 50, 604 52, 639 46, 700
6,837
6,870
7,330
Stocks cold storage, end of month
_ do
Pork (including lard), production, inspected slaughter
911.3
770.0
909.2
mil. oflb..
Pork (excluding lard) :
559,
379
657,
319
661,
271
Production, inspected slaughter
thous. of Ib...
341, 587 322, 298 277, 336
Stocks cold storage, end of month
do
12,
359
6,414
5,420
Exports
do
13, 297
Prices, wholesale:
.521
Hams, smoked, composite
dol. perlb..
.452
Fresh loins, 8-12 Ib. average (New York)
do
Lard:
182,
122
Production inspected slaughter
thous of Ib
127, 116
Stocks, dry and cold storage, end of month
do
43,
783
Exports
do
.138
Price, wholesale, refined (Chicago)
dol. per lb_-
.430
.448
.438
.422
.436
.447
.461
.469
.490
.482
.478
53, 385
6, 399
49, 725
5, 194
49,650
5,745
54, 870
5,616
44, 053
5,309
46, 843
5,206
52, 305
4,756
47. 381
4,381
50, 225
4,861
57, 821
' 6, 674
9, 509
777.7
767.4
847. 8
1, 048. 6
979.8
1, 000. 8
1, 000. 2
784.9
859. 9
907.7
579, 219
147, 043
4,559
7,040
639, 808
134, 085
3,864
9,399
788, 160
138, 412
4,269
10, 202
730, 191
163, 656
5, 379
12, 402
742, 467
193, 981
5,938
11, 844
736, 659
218, 449
4,180
14, 437
584, 204
227, 912
5, 141
12, 535
648, 238
224, 322
4,092
680, 920
'260,147
.590
.524
P. 565
.519
10, 686
10, 805
577, 734
204, 404
5,034
11,121
.516
.477
.532
.505
.543
.512
.561
.525
.522
.516
.479
.480
.490
.473
.580
.469
.560
.496
.581
.507
186, 287
120, 168
65, 817
.153
154, 196
107, 113
52, 442
.158
146, 019
101,808
34, 874
.165
137,940
76, 600
24, 421
.160
151, 801
68, 650
30, 532
.168
189, 478
67, 717
43, 376
.158
182, 592
78, 918
36, 566
.150
189, 287
101, 205
33, 321
.148
193, 392
101,087
32, 905
.145
146, 496
91, 338
35, 762
.145
154, 501 165, 208
85, 211
86, 580
36, 299
' . 158
P. 153
50, 582
190, 441
60, 319
185, 138
62, 975
202, 178
68, 397
261, 146
79, 337
377, 207
87, 423
362, 059
78, 059
316, 455
52, 697
301, 982
47, 217
255, 948
52, 740
214, 135
56, 191
'177,125
.200
.205
.195
.170
.160
.160
.160
.195
.195
.210
.180
. 190
5,000
3,835
4,752
2,888
4,569
1,840
4,418
1, 350
4,602
1,190
4,606
954
5,054
673
5,251
1,695
4, 753
2,053
' 5, 458
1,671
5,495
2,711
5,543
1,812
166, 942
1,507
176, 721
1,174
164, 728
895
147, 430
552
124, 272
302
99, 230
209
74, 505
171
63, 766
105
59, 778
79
52, 688
.299
.361
.408
'.462
'.490
'.496
'.437
.355
.382
.434
.380
88, 687
POULTRY AND EGGS
Poultry:
Receipts, chilled and frozen, 5 markets. _thous. of lb_. 52, 606 58, 155
219, 988 202, 191
Stocks, cold storage (frozen), end of month
do
Price, in Georgia producing area, live broilers*
.180
.180
dol. per lb__
k Eggs:
5, 615
5,680
Production on farms
millions
4,277
4,032
Dried egg production
thous of Ib
Stocks, cold storage, end of month:
1,719
Shell
thous. of cases.. 1,208
Frozen
thous. of Ib 107, 568 140, 456
Price, wholesale, extras, large (Chicago)
.290
.318
dol. per doz__
245, 593
."556"
144, 622
'322
700
' 68, 274 101, 513
. 300
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales
Cocoa (cacao) beans:
Imports (incl shells)
Prinp w"hnlp<3«lp A r>r»ra fNTp.w Ynrkl
T
thous. of dol._
long tons
dol. DPT Ib
84, 372
68,374
62,783
59, 996
74, 812
117, 739
126, 988
117,193
105, 970
99, 923
97, 278 ' 89, 372
16, 997
.255
15, 053
.253
24, 753
.305
21, 710
.305
7,686
.321
7,901
.346
9,826
.354
10, 272
.427
32, 949
.399
22, 715
.415
22, 109
.443
.437
P. 430
Revised.
p Preliminary.
cf Prior to 1957, figures include data for sausage and sausage-room products and edible offal; figure for December 1956 comparable with those beginning 1957, which exclude such items, is
606,490,000 Ib.
* Substituted series; midmonth prices as reported by 17. S. Department of Agriculture. Comparable prices for January 1956-January 1957 are shown in the April 1958 SURVEY.
SURVEY OF CUKEENT BUSINESS
S-30
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
May
June
July
1958
August SeptemOctober jNo^m- Decem
ber
ber
January
February
March
598
282
926
752
534
774
April
May
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS-Con.
Coffee:
927
Clearances from Brazil total
thous. of bagscf
512
To United States
_
. do _ _ _
1,034
Visible supply United States
do
1,547
Imports
- do _
Price, wholesale, Santos, No. 4 (New York)
.593
dol. per lb-_
Fish:
117,
976
Stocks cold storage end of month
thous of Ib
Sugar:
Cuban stocks, raw, end of month
r
3, 740
thous of Spanish tons
United States:
Deliveries and supply (raw basis) :
Production and receipts:
23,279
Production
short tons
630, 053
Entries from off-shore, total
- do
208,242
Hawaii and Puerto Eico
-.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:
K aw sugar, total 9
- _
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 5 Ib
Wholesale (excl. excise tax)
. dol. per Ib
Tea imports
thous of Ib
935
529
989
794
413
954
1,025
1,497
1,194
.593
741
435
1,102
1,250
1,579
1,445
1,005
1,247
1,684
.583
.565
.545
.533
.540
128,320
145, 882
168, 485
190,995
204,922
206 660
205 186
191,008
156 695
3,615
3,010
2,445
1,945
1,620
1,370
862
663
28, 766
624, 323
233, 502
50, 246
546, 450
172, 764
37, 006
694, 255
232, 497
51, 685
653, 440
245, 582
138, 695
533, 398
141, 310
589, 229
472, 464
193, 831
726, 744
411, 510
147, 394
687, 686
684, 978
2,708
772, 035
770, 381
1,654
923, 739
921, 362
2,377
878, 655
874, 797
3,858
833, 099
829, 565
3,534
782, 327
779, 501
2,826
711, 151
708, 582
2,569
1,757
1,619
1,328
1,180
985
1,000
2,239
823
355
428
544
584
606
954
596
927
1,330
686
825
794
2,132
737
922
2,338
1,044
1,831
1,477
.553
.553
.553
.540
980
.538
121 201
110, 574
636
1,704
3,029
3,804
617, 197
112, 725
72,334
226, 381
491, 963
20, 627
58, 959
478, 438
52, 739
28, 552
562, 195
62,392
578,036
106, 732
627, 447
623, 570
3,877
786, 372
782, 586
3,786
581, 287
571, 700
9,587
625, 207
619, 226
5 981
693, 569
685,783
7,786
1,213
1,199
1,757
1,877
1,952
1,880
1,748
302,381
246, 465
33, 394
15, 632
4,185
201,698
179,885
0
5,871
1,262
175, 430
103, 748
27 465
5,320
2 830
523
403
336,089
250, 587
80, 717
33, 127
25, 051
382, 958
285, 931
76,293
48, 604
43, 918
315,157
219, 754
66, 836
49, 376
41, 029
314, 463
266, 466
40 117
20, 508
8,270
.061
.064
.066
.066
.062
.062
.062
.061
.526
.084
9,981
.527
.084
10, 653
.527
.084
8,525
.532
.085
8,437
.534
.085
8,202
.536
.084
7,396
.536
.084
7,936
.537
.084
6,393
r l
437
276
365, 676
301, 479
40 422
45, 482
37, 556
349, 316
279, 172
50 500
57, 621
44 942
.061
.062
062
.538
.084
8,689
.539
.084
8,509
.084
6,909
538
059
p. 062
539
.539
p. 084
.084
1, 661
4,918
5,149
332
298
278
335
4,281
4 403
4 631
4 422
28,447
11, 715
40,988
9,383
26
190
77,042
11,837
15, 773
6,522
6,088
3,163
15, 104
6,133
5,683
3,288
13, 608
5,846
5,499
2,264
16, 584
6,592
6,785
3,207
2,482
38, 151
565, 237
3,297
34, 189
449, 722
2,979
35, 248
478, 149
15, 444
1,398
14,506
' 1, 483
3.938
3.938
5,012
25
215
27
228
74,386
11, 849
47,625
9,454
42, 718
9,219
23, 879
11, 808
23,096
10, 620
35, 552
15, 674
6,128
6,564
2,982
17, 519
6,696
7,514
3,309
13,951
5,492
5,665
2,794
12, 386
4,943
4,595
2,848
15,203
6,074
6,027
3,102
13, 640
5,198
5,594
2,848
14, 638
5,349
6 590
2, 699
15, 487
5,792
6,863
2,831
2,763
38, 013
525, 171
2,819
34,684
500,346
2,646
38, 248
562, 622
2,575
31,545
574, 369
3,092
26, 406
383, 665
3,014
35, 843
444, 127
2,522
31, 369
394, 236
2 624
32, 968
439,638
2,604
35, 669
490, 051
13, 747
1,588
16, 619
1, 524
15, 272
1,353
16, 847
1,220
13, 725
1,568
12, 228
1,720
14,961
1,342
13, 161
1,255
14, 366
1,388
15, 208
4.281
4.281
4.281
4.281
4.281
4.281
4.281
4.281
4.281
J> 4. 281
9,128
724
8,905
53
16
1,838
1,182
7,975
29
g
1,503
1,328
.425
.093
.425
.095
.415
'.093
.425
.093
v. 425
».108
r
.512
370
4,846
24
209
39,902
9,215
762
821
102, 205
349, 997
235,482
105, 275
40, 631
37, 072
29,453
11,227
1,143
.550
330, 570
227, 221
103, 349
50,560
45, 033
TOBACCO
Leaf:
Production (crop estimate)
mil of Ib
Stocks, dealers' and manufacturers', end of quarter,
total
mil oflb
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
30,506
Exports, including scrap and stems
thous of Ib
10, 701
Imports, including scrap and stems
_ _ . do_-_
Manufactured products:
14, 927
Production, manufactured tobacco, total
do
6,058
Chewing, plug, and twist
do .
5,763
Smoking
do
3,107
Snuff
do .
Consumption (withdrawals) :
Cigarettes (small):
2,721
Tax-free
.
_
millions
Tax-paid _ _
_
do _ _ 32, 059
470, 129
Cigars (large), tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
thous. of lb-_ 14, 493
1,306
Exports, cigarettes
_ _
millionsPrice, cigarettes (regular), manufacturer to wholesaler and jobber, f. o. b. destination
3.938
dol. per thous -.
1,125
1,609
1,115
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^/15 Ib
dol. per lb__
Hides, steer, heavy, native, over 53 Ib
do
LEATHER
12, 039
1,737
3,245
1,607
2,784
9,872
114
23
1,821
2,065
.513
.095
.513
.108
.550
.118
132
1
11, 047
92
10
6,702
128
10
1,361
710
10, 917
.488
.133
1,494
2,923
9,968
93
15
1,610
2,058
9,596
214
23
1,644
1,246
7,088
62
13
1,371
1,074
.450
.138
.450
.123
.450
.118
.438
.103
46
20
123
23
2,140
j
Production:
744
732
546
800
Calf and whole kip
thous. of skins
818
686
786
786
785
786
748
717
2,118
2,168
2,130
1,887
Cattle hide and side kip thous. of hides and kips_
2,262
2,316
2,029
2,060
1,955
2,109
1,863
1,936
1,814
1,774
1,959
2.005
G oat and kid
.. __
thous. of skins
1,785
1,704
2,095
1,600
1,659
1,931
1 647
1 712
1,722
Sheep and lamb
. do
2,369
2,453
2,148
2,041
1,925
2,189
1,975
1,737
1,922
1,961
1,981
Export
Sole leather:
2
35
66
85
Bends, backs, and sides
thous. of lb._
37
88
108
61
87
26
65
M16
268
(2)
(2)
(2)
8
12
Offal, including welting and belting offal
do
36
36
25
13
87
32
10
Upper leather
thous. of sq. ft__
2,831
2,913
2,148
3,126
3,443
2,802
3,245
3,137
2,998 3 3, 337 3 2, 736 T 3, 336
Prices, wholesale:
.595
.625
Sole, bends, light, f. o. b. tannery
dol. per lb_.
.595
.615
.625
.630
.630
.630
.620
.625
.620
.625
f . 625
Upper, chrome calf, B and C grades, f. o. b. tannery
1.158
1.180
1.185
1.208
1.175
dol. per sq. ft._
1.165
1.158
1. 158
1.145
1.145
1.145
r 1. 168 f 1. 165
r
Revised.
*> Preliminary.
1
December 1 estimate of 1957 crop, 2 Data for offal included with bends, etc.
Beginning January 1958, includes lining leather. In 1956, exports of lining leather averaged 142 thous.
sq. ft. per month,
cf Bags of 132 Ib.
§ Data represent price for New York and Northeastern New Jersey.
9 Includes data not shown separately.
SUEVEY OF CUKEENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-31
1957
April
May
June
July
1958
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: 9
Production, total
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs_By kinds:
Men's
_ do __
Youths' and boys'.
do
Women's
do
Misses' and children's
do
Infants' and babies'
- do __
Slippers for housewear
. . do
A thletic
do
Other footwear
- do_
Exports
do
Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide uppsr,
Goodyear welt
1947-49=100.Women's oxfords, elk side upper, Goodyear
welt
1947-49= 100 _
Women's pumps, low-medium quality. - do
52, 697
49, 339
45, 226
46, 016
54 968
48 800
51 091
43 815
44 019
53 035
48 910
51 955
46 414
46, 798
43, 029
38, 964
40, 087
46, 486
40, 571
42, 026
35, 980
39, 555
49, 131
44, 678
46, 524
40, 825
9,493
2,166
25, 537
6,178
3,424
8,964
2,004
23,157
5,712
3,192
8,194
1,963
20, 771
5,437
2,599
7,481
2,113
22, 412
5,451
2,630
8,844
2, 433
25, 701
6,440
3,068
8 497
2,151
21 095
5,937
2 891
8 794
2 071
21 661
6 273
3 227
7 849
1 674
17 801
5 768
2 888
8 484
1,882
20 059
6 123
3 007
9 335
2,090
26 632
7,520
3 554
8 310
2,073
24 594
6 479
3 222
8,729
2,155
25 776
6,457
3 407
8 247
1,753
22 769
5,001
3 055
4,892
5,280
5,075
4,982
7,416
7 466
7 913
6 774
3 435
3 090
3 543
4,578
426
427
417
4 673
352
337
310
479
528
385
502
528
274
533
654
213
409
538
231
501
565
317
484
279
368
496
656
352
486
575
312
445
584
274
348
466
248
415
501
124. 1
124.1
124.1
124.4
124.4
124 4
124 4
124 4
124 4
124 4
124 4
124.4
f 124. 4
131.3
118.9
131.3
118.9
131.3
118.9
131.3
118.9
131.3
118.9
131 3
118 9
136 2
118 9
136 2
118 9
136 2
118 9
136 2
119 5
138 9
119 5
138.9
119.5
P 138. 9
p 118. 7
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES t
National Lumber Manufacturers Association:
Production, total _
mil. bd. ft_.
Hardwoods
do
Softwoods. ..
,
_
do
2,941
472
2,469
3,055
461
2,594
2,884
463
2,421
2,728
470
2, 258
3,107
545
2,562
2,883
529
2,354
3,024
518
2,506
2,493
458
2,035
2,192
391
1,801
2,476
438
2,038
2,327
444
1,883
2,508
444
2,064
2,590
458
2,132
3,027
483
2,544
3,140
481
2,659
2,967
476
2,491
2,813
429
2,384
3,147
524
2,623
2,866
525
2,341
3,091
548
2,543
2,473
509
1,964
2,259
479
1,780
2,464
490
1,974
2,302
518
1,784
2,542
490
2,052
2,746
477
2.269
9, 952
3,759
6,193
9,867
3,739
6,128
9,782
3,726
6,056
9,696
3,767
5,929
9,655
3,788
5,867
9,672
3,792
5,880
9,611
3,762
5,849
9,602
3,710
5,892
9,538
3,622
5,916
9,557
3,570
5,987
9,528
3,495
6,033
9,494
3,449
6,045
9.384
3,430
5,954
M bd. ft_. 66, 776
241, 941
do
83,884
241, 931
67, 790
257, 967
76, 729
293, 852
80, 875
264, 043
51, 871
269, 268
64,426
292, 977
54, 838
231, 223
56, 600
241, 873
93, 662
187, 507
46,258
195, 840
61, 591
857
675
789
810
1,147
705
617
696
763
1,080
679
620
620
676
1,024
644
546
704
717
1,011
614
516
646
643
1,013
663
468
687
711
995
578
472
598
574
993
554
476
523
550
966
632
506
659
601
1,029
549
492
625
563
1,037
652
518
657
626
1,068
Exports, total sawmill products O ......Mbd.ft 31,420 32, 948 30, 942
16,674
20, 426
21, 403
Sawed timber O
.
do
11,545
10,994
14, 268
Boards, planks, scantlings, etc ...... ... do_.
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
dol. per M bd. ft- 80.893 80.164 80. 176
Flooring, C and better, F. G., 1" x 4*, R. L.
dol. perMbd. ft_. 128. 288 126.500 126. 151
Southern pine:
674
659
699
Orders, new
mil. bd. ft.191
193
218
Orders, unfilled, end of month . .
do
633
663
613
Production
'
do
634
649
697
Shipments
do
Stocks (gross), mill and concentration yards, end of
2,004
1, 983
2,038
month
mil. bd. ft
8,742
8,283
7,788
Exports total sawin ill products
M bd ft
1,382
1,946
1,017
Sawed timber
do
6,337
6,771
7,360
Boards, planks, scantlings, etc
do
Prices, wholesale, composite:
Boards, No. 2 and better, I" x 6", R. L.
dol. per M bd. ft.^ 77. 785 77. 792 77. 183
Flooring, B and better, F. G., 1" x 4", S. L.
dol. per M bd. ft-- 147. 821 146. 412 145. 800
Western pine:
725
676
680
Orders, new
.
mil bd. ft
433
430
430
Orders unfilled end of month
do
676
715
707
Production
_ _
do
722
679
701
Shipments
do
1,972
1,979
1,998
Stocks, erross, mill, end of month
_ _ _ _ do_ __
Price, wholesale, Ponderosa, boards, No. 3 common,
74. 120
74. 610
74.190
I"x8"
dol perMbd. ft
27, 416
13, 142
14, 274
26, 588
9,560
17, 028
34, 586
17, 712
16, 874
24, 977
10, 848
14,129
22, 234
9,859
12, 375
26, 798
13, 785
13, 013
21, 876
11, 052
10, 824
19, 204
8,167
11, 037
20, 639
10, 270
10, 369
80.770
80.299
78. 853
78. 614
77. 414
75.607
75. 981
76.201 ' 75. 834 v 75. 508
117. 674 ' 114. 305 f 113.642
Shipments,
total . _
Hardwoods
Softwoods
_
Stocks (gross), mill, end of month, total
Hardwoods
Softwoods
,
Exports, total sawmill products O
Tmports total sawmill products 0
do
do
-. _ do
. _ do. ..
do
do
SOFTWOODS $
Douglas fir:
Orders, new
mil. bd. ft_.
Orders, unfilled, end of month
do —
Production
do_- .
Shipments
. ... . do
Stocks (gross), mill, end of month
do
780
628
765
787
1,168
774
580
685
712
1,064
126. 151
125. 538
123.039
122. 071
120. 614
119. 511
118. 286
668
219
640
667
689
206
660
702
642
203
622
645
688
186
687
705
503
140
558
549
467
144
530
463
573
148
623
569
494
151
506
491
571
151
573
571
610
184
562
577
1,956
9,008
1,489
7,519
1,914
6,600
1,631
4,969
1,891
7,152
1, 504
5,648
1,873
7,398
1,583
5,815
1,882
5,921
830
5,091
1,949
7,085
743
6,342
2,003
5,875
1,678
4,197
2,018
6,447
853
5,594
2,020
6,236
1,087
5,149
2,005
77. 272
76. 759
76. 308
76. 490
76.921
77. 101
75. 833
146. 794
145. 224
145.224
144. 979
144.979
143. 999
143. 262
683
439
656
674
1,979
687
381
782
775
1,986
643
391
701
664
2,023
709
375
728
725
2,026
460
320
544
515
2,052
563
360
496
523
2,028
545
384
466
521
1,974
455
369
477
470
1,981
72. 370
70. 500
68. 810
67. 690
66.900
66. 870
67.350
67. 090
3,350
15, 300
3,850
3,000
8,850
3,650
13, 950
4,200
3,750
9,350
3,225
13, 500
3,500
3,275
9,475
2,350
12, 800
3,450
2,850
10, 050
3,625
13,200
3,650
3,350
10, 250
2,750
13, 100
2,900
2,600
10, 750
2,700
13,025
3,025
2,625
11, 125
3,725
13, 500
3,050
3,150
12,000
70,080
41, 516
74, 516
75, 681
100, 758
79, 633
38, 815
81, 570
84, 222
95,291
63, 549
35, 063
67, 745
67, 301
93.293
52, 671
34, 277
59, 611
55,926
96, 978
67,600
37, 864
69, 384
64, 013
100, 122
64, 824
43, 738
60, 580
56, 986
103. 716
70,590
45, 822
66, 416
67, 033
101. 086
87. 723
55, 360
71, 535
78, 185
92. 963
75.600
' 74. 643 f 74. 509
143. 262 ' 142. 352 f 141.042
394
334
511
524
1,968
658
467
556
625
1,899
' 67. 520 f 67. 959
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
M bd. ft_. 4,000
4,200
3, 750
4,050
5,150
Orders, unfilled, end of month
do
13, 850
14, 950
14, 250
13, 950
14, 300
Production
do
3,150
4, 100
4,200
3,450
3,225
3.750
Shipments
. .
.
do
4,700
3,725
3,800
3,700
Stocks (gross), mill, end of month
do
9,550
8,050
9,300
8,950
8,350
Oak:
Orders, new
.
do
88,280
86, 019
68, 168
69, 516
77, 597
Orders, unfilled, end of month
do
57, 087
55, 680
52, 102
47, 896
44, 113
Production..
...
do_
77, 730
83. 610
74, 897
81, 533
73, 581
Shipments
_
do
84', 113
81, 707
74, 478
73, 722
81, 380
Stocks (gross), mill, end of month
,
do
106, 162 103, 814 103, 134 101, 770 101, 923
r
Revised.
» Preliminary.
9 Revisions for production for January 1955-July 1956 will be shown later.
^Revisions for January 1954-July 1956 are shown on p. 24 of the November 1957 SUEVEY.
©Revisions for lumber (M bd. ft.): Exports—all types—December 1956, 82,699; January 1957, 57,251;
November 1956, 277,636.
Douglas fir, December 1956—total, 38,034; sawed timber, 22,675; imports, all types,
SUKVP]Y OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
May
June
July
1958
August Septem- October Novem- December
ber
January
February
March
April
May
LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :t
Shipments (market), quarterly total
M sq. f t , surface measure
Inventories (for sale), end of quarter
do
Softwood (Douglas fir only), production
M sq. ft., %" equivalent _- 473, 105
191,879
37, 276
505, 074
466, 993
r
193 621
34, 152
412, 559
467, 882
450, 513
512, 401
174. 735
189, 830
440,025
435, 850
497, 092
457, 023
469, 448
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, totalt -thous. of short tons...
Scrap!
do
Imports, totalj
.
_
do
Scrap
do
1,332
685
180
8
1,283
672
188
15
1,211
501
162
16
1,169
496
216
18
1,190
581
198
23
916
457
121
16
1.026
563
175
24
1,048
620
127
19
713
323
159
13
708
341
108
16
524
249
96
12
648
335
6,524
3,764
2,759
6,514
7,376
6,376
3,849
2,526
6,444
7, 307
6,086
3,628
2,458
6,082
7 309
6,040
3,489
2,551
5,485
7 866
6,463
3,743
2,720
5,935
8,393
6,140
3,576
2,564
5,638
8 895
6,190
3,792
2,398
5,974
9,112
5,291
3,350
1,941
5,442
8 968
4,779
3,009
1,770
4,795
8 949
4,514
2,943
1,571
4,561
8 906
3,919
2,456
1,463
3,910
8 906
' 4, 314
r 2, 583
p4,
164
r
9 060
6,677
5,581
12, 390
12, 587
13, 393
11, 543
14, 440
16, 074
9,914
14, 303
15, 886
8 322
14, 370
15, 187
7, 504
12,933
13, 516
6 921
11, 337
12, 834
5,425
4,974
5,348
4 838
3,258
1,559
6 536
3,375
1,455
8,742
3,051
1,239
10, 633
3,011
1,410
12, 228
3,987
7,158
17,167
15, 170
1,996
12, 728
7,375
22, 712
20, 266
2,446
13, 597
6,931
29, 570
26, 823
2,747
14, 212
7, 157
37, 148
33, 975
3,173
13,172
7,039
43, 951
40, 380
3 571
11,828
6,792
49 464
45, 323
4 141
11,005
6,538
54 844
50, 174
4,669
4,066
5, 741
54, 532
49, 894
4 638
19
4,989
49 668
45, 300
4 368
0
4,780
44, 688
40, 703
3,986
0
3,996
40 530
36, 445
4 085
0
4,236
36 213
32, 445
3 768
1,801
90
3,189
88
3,559
108
4,403
101
3, 933
95
3 852
56
3,862
89
2,590
95
1 956
76
1,785
99
1,460
88
899
1,120
611
880
1,112
625
853
1,058
599
880
954
523
826
1,076
597
805
990
563
740
1,100
601
705
940
483
676
864
444
638
868
436
632
753
390
83, 116
80, 271
51, 320
79, 787
76, 504
46, 277
76, 331
72, 556
44,639
80, 694
57, 748
34, 876
84, 876
65, 426
39, 644
83, 385
62, 457
38, 397
82. 995
77, 667
45, 989
80, 074
67, C04
38, 085
74, 863
60, 425
34, 343
67, 292
62, 734
34, 920
59, 047
54, 650
31, 006
6,870
6,559
6,945
6,567
6,659
6,353
6,692
6,226
6,781
6,462
6 628
6,322
6,519
6,350
5,780
5,683
5 279
5,114
4,854
4,714
4 064
3,978
r
4 464
4 283
3 827
p3 783
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
tons..
do
do
do
do
Ore
Iron ore:
All districts:
Mine production
thous of long tons
Shipments
..do . _ _
Stocks, at mines, end of month
do
Lake Superior district (U. S. and Canadian ores) :
Shipments from upper lake ports
do
Consumption by furnaces
do
Stocks, end of month, total
do
At furnaces
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content) ...do
Pig Iron and Iron Manufactures
Castings, crrav iron:
Orders, unfilled, for sale, end of month
thous. of short tons_.
Shipments, total _
_
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo
short tons
Shipments, total
__
_- . _
do
For sale
do
Pig iron:
Production
thous. of short tons
Consumption
_
_. do
Stocks (consumers' and suppliers'), end of month
thous. of short tons_.
Prices, wholesale:
Composite
dol per long ton
Basic (furnace)
do
Foundrv, No. 2, Northern .
do
r 1, 731
P 4, 001
p 2, 359
p 1, 642
f 3, 840
p Q 241
63
3 564
32 564
29 048
3 516
4,061
590
••796
447
r
54, 330
51, 708
29, 624
2,524
2,711
2,791
3,224
3, 457
3,632
3,707
3,695
3,817
3,886
3,873
>• 4, 022
p 4, 031
64.05
64.50
65.00
64.05
64.50
65.00
64.05
64.50
65.00
65.23
64.50
66.50
65 95
66.00
66. 50
65 95
66 00
66.50
65 95
66 00
66.50
65 95
66.00
66.50
65 95
66 00
66.50
65 95
66.00
66.50
65 95
66 00
66 50
65 95
66 00
66 50
65 9">
TO 66 00
•P 66 50
164,575
125,431
32, 840
153, 647
119, 353
31, 338
122, 018
90, 037
22, 803
145,926
111, 080
33, 641
139, 002
105,611
29, 718
146, 397
113,216
31, 477
127, 115
98, 436
26, 892
120, 787
92 125
23, 403
120, 722
94 717
22, 545
479.2
135.3
100.8
34.5
445.1
128.5
92.9
35.5
430.7
104. 1
79 1
25.0
417.5
115.4
88 4
27.0
396.9
116.9
86 3
30.6
400.6
125 6
93 6
31 9
364.5
104 8
79 3
25.4
342.8
98 5
73 5
25 1
317.9
107 8
81 5
26 3
288.4
93 1
69 9
23 2
r 265. 9
92 3
69 1
23 1
241.9
82 5
60 6
21 9
9,792
86
137.6
9,391
86
136.4
8,909
79
125.2
9,234
82
129.8
8 978
82
130.4
9 198
81
129 3
8 393
77
121.9
7 420
66
104.3
6 754
57
94 9
5 782
54
90 0
6 255
52
87 9
5 533
48
80 4
6 308
53
88 7
.0635
.0635
.0677
.0677
.0677
.0677
.0677
.0677
.0677
.0677
.0677
.0677
.0677
89.00
.0567
89.00
.0567
92. 50
.0594
92.50
. 0594
92.50
.0594
92.50
. 0594
92.50
.0594
92.50
.0594
92.50
.0594
92. 50
.0594
92.50
.0594
v 92. 50
•p . 0594
44.50
56.50
55. 50
55.50
49.50
38.50
32.50
31. 50
133.00
Steel, Crude and Semimanufactures
Steel castings:
Shipments, total
....short tons.. 162, 498
124, 549
For sale, total
_
do
29, 708
Railway specialties
__do
Steel forgings (for sale) :
496.9
Orders, unfilled, end of mo
thous. of short tons..
139. 0
Shipments, total
._
do
103.4
Drop and upset
do
35.6
Press and open hammer
__
._ __ do
Steel ingots and steel for castings:
9,815
Production
do
90
Percent of capacity <?
142.6
Index* .
__
1947-49 = 100
Prices, wholesale:
.0633
Composite, finished steel
__dol. per lb._
Steel billets, rerolling, carbon, f. o. b. mill
89.00
dol. per short ton_.
.0567
Structural shapes (carbon), f. o. b. mill.. dol. per lb_Steel scrap, No. 1, heavy melting (Pittsburgh)
41.50
dol. per long ton..
65 95
103, 297 r!06 233
82 195
79 708
16, 647
16, 180
1
33. 50
1
35. 00 *i 34. 000
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale):©
2,336
2,413
2,380
2,193
Orders, unfilled, end of month
thousands..
2,076
2,143
2,026
1,820
1,763
1,767
1,703
1,781
1 690
2, 300
2,222
2,244
2,143
Shipments
do
2,120
1 907
2 135
1 649
1 759
1 846
1 692
1 796
1 814
77
86
78
71
79
Stocks, end of month
do
72
80
70
79
60
89
81
87
Cans, metal, shipments (in terms of steel consumed),
total for sale and own use
short tons.. 506, 985 339, 323 361, 774 452, 994 546, 237 495, 894 406, 575 285, 436 292, 210 323, 648 305, 458 352 212 319 615
Food
do . 336,126 176, 595 205, 201 271, 056 369, 117 346 941 260, 455 169 411 168 614 190 949 181 864 213 521 178 323
170,859 162, 728 156, 573 181,938 177, 120 148, 953 146, 120 116, 025 123, 596 132, 699 123 594 138 691 141 292
Nonfood
.do
446, 336 280, 920 308 196 404, 235 488 185 430 362 348 333 242 053 248 644 269 259 258 637 304 212 261 693
Shipments for sale
do
Closures (for glass containers), production t... millions _ _
1,443
1,465
1,382
1,371
1,571
1,476
1,578
1,366
1,315
1,528
1,453 ' 1, 654 1,583
31, 041 31, 914
Crowns, production
_. .thousand gross.. 29, 068
28, 713
27, 684
28, 791
25, 386
18, 533 19, 990
33, 992
32, 549
22, 795
21, 462
T
1
Revised.
v Preliminary.
Not strictly comparable with quotations prior to January 1958.
$ Revisions for the indicated series are available upon request as follows: Plywood, 3d quarter 1953-1st quarter 1957; iron and steel exports and imports, 1956; closures, 1956.
d" For 1958, percent of capacity is calculated on annual capacity as of Jan. 1,1958, of 140,742,570 tons of steel; for 1957, data are based on capacity as of Jan. 1, 1957 (133,459,150 tons).
*New series (AISI). The index is computed from total production of steel ingots and steel for castings (the FRB index shown on p. S-2 is weighted by grades of steel). Monthly data
for 1939-56 are available upon request. Data for January-March 1957 (1947-49=100): 154.7; 155.4; 148.8.
®Beginning January 1957, data (as first shown in the May 1958 SURVEY) include light-type grease drums not included in earlier data. In 1956, shipments of such types averaged 68,000
units per month.
SURVEY OF CURRENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-33
1958
1957
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
May
April
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
Bars and tool steel, total
Bars: Hot rolled (incl. light shapes)
Reinforcing
Cold
finished
Pipe and tubing
Wire and wire products
Tin mill products
Sheets and strip (incl. electrical), total
Sheets' Hot rolled
Cold rolled
Fabricated structural steel:
Orders new (net) f
Shipmentsf
Backlog, end of month f
do
- do_
do, _
do
do_ __
do
do
do
do
do
do
thous of short tons
do
do
7,350
358
631
876
6,972
403
659
918
7,285
491
630
870
5,877
273
634
792
6,230
272
636
732
6,172
261
597
778
6,551
263
641
764
5,606
242
589
462
5,093
213
548
636
5,215
206
484
524
4,263
184
296
435
4,449
207
317
471
4,373
178
337
401
232
1,030
687
216
118
242
1,005
692
188
114
226
1,046
689
233
116
192
752
489
172
84
174
862
569
188
97
162
836
545
182
101
143
896
617
163
110
133
783
538
142
96
100
645
455
100
84
109
682
468
118
89
90
572
385
107
75
101
626
399
141
80
105
628
376
176
71
974
304
876
2,070
680
907
1,020
327
350
2,049
656
895
998
388
391
2,244
716
984
859
218
460
1,698
531
791
914
250
494
1,895
550
900
860
250
417
2,011
579
979
889
264
370
2,319
651
1,147
736
227
321
2, 113
616
1,025
653
195
271
1,831
521
911
615
234
559
1,801
511
873
508
204
475
1,499
435
702
454
240
516
1,517
416
710
511
251
565
1,396
387
628
404
362
4,192
331
377
4,172
247
385
4,134
213
342
3,907
184
384
3,707
221
339
3,521
181
385
3,322
218
334
3,233
141
320
2,959
162
317
2,778
186
283
2,727
196
337
2,542
208
324
2,387
145, 174
32, 886
138, 007
30, 341
142, 041
31,976
143, 449
32, 555
129, 278
32, 978
133, 759
34, 869
135, 024
32, 030
140, 036
28,580
139. 910
28, 565
121, 980
23, 095
134, 019
24, 277
124, 999
20, 001
1,420
.2710
21, 222
1,312
.2710
15, 768
1,545
.2710
14, 183
1,817
.2810
11, 803
1,775
. 2810
14, 076
2,279
.2810
17, 857
1,764
.2810
24, 886
1,767
.2810
18, 320
2,009
.2810
17, 343
1,603
.2810
343.3
250. 4
130.2
65.1
322.0
228.1
117.1
58.5
370. 6
249.6
130. 6
52.2
298.1
224.3
117.8
55.7
301.9
216.0
111.3
58.7
320.0
232.8
121.6
64.1
280.5
187.0
95.2
58.9
292.1
177.5
90.0
53.1
269. 8
193. 7
102.0
57.8
235. 2
179.0
93.9
50.7
93, 109
133, 062
98, 958
34, 104
22,661
90, 132
115, 660
88, 091
27, 569
19, 999
84, 614
109, 296
83, 275
26, 021
15, 883
86, 876
109, 791
80, 754
29, 037
16, 932
85, 505
100, 265
74, 395
25, 870
14, 897
87, 753
115, 234
78, 296
36,938
18,654
87, 981
127, 951
86, 063
41, 888
17, 940
88, 109
132, 303
94, 389
37, 914
15, 624
90, 255
123, 862
88, 487
35, 375
16, 758
81, 717
109, 100
78, 455
30, 645
16, 883
NONFERROUS METALS AND PRODUCTS
Aluminum:
139, 152
Production primary domestic
short tons
30, 674
Estimated recovery from scrap©
do
Imports (general):
21, 832
Metal and alloys crude
do
1, 364
Plates sheets etc
do
.2710
Price, primary ingot, 99%+ _ _
dol. per lb._
Aluminum shipments:
340.1
Mill products and pig and ingot (net)
mil. of lb_.
238.8
Mill products total
do
126.8
Plate and sheet
do
68.3
CastingsA
do.
Copper:
Production:
94, 416
Mine recoverable copper A
short tons
130, 943
Refinery primary
do
92, 532
From domestic ores
do
38, 411
From foreign ores
do
20, 178
Secondary, recovered as refined _ _ .
do
Imports (general):
Refined unrefined scrap©
Refined
Exports:
Refined scrap brass and bronze ingots
Refined
do
do
58, 292
11, 815
48, 778
20, 088
40, 963
9,416
54, 303
14, 386
47, 899
10, 212
42, 390
10, 486
54, 741
12, 431
46, 650
18, 427
47, 720
11, 206
53, 182
16, 280
47,603
15, 320
do
do
50, 077
32, 315
44, 775
28, 479
47, 268
31, 954
34, 519
24, 420
28, 135
23, 435
29, 965
27, 057
25, 103
20, 076
35, 689
30, 897
28, 421
26, 123
30, 265
29, 338
21, 056
18,903
123, 973 122, 386 116, 567
80, 757 113, 180 108, 864 128,064 108,395 102,425 r 106, 152 ' 93, 237
Consumption, refined (by mills, etc.)
do
243, 202 265, 432 273, 863 305, 763 309, 564 293, 540 269,700 279,398 288,360 * 301, 807 -•329,242
Stocks refined end of month total
do
106, 576 113, 586 109, 979 120, 636 120, 901 123, 942 109,439 123,730 124,640 r 132, 139 '136,107
Fabricators'
do
.2440
.2632
.3129
.2644
.3033
.2511
.2810
.2634
.2869
Price, bars, electrolytic (N. Y.)_. . . _ dol. per Ib . .3152
.2634
Copper-base mill and foundry products, shipments
(quarterly) :
474
517
450
Brass mill products
mil of Ib
373
409
366
Copper wire mill products©
do
229
211
21.3
Brass and bronze foundry products
do
Lead:
Production:
23, 632
22, 880
30, 091
25, 801
27, 271
31, 658
24, 902
27, 718
28, 414
27, 231
Mine recoverable lead A
short tons
23,308
37, 570
30, 741
32, 672
36, 750
28,909
33, 682
33, 908
31, 715
26, 670
38, 856
Secondary estimated recoverable©
do
36, 283
41, 855
34, 382
39, 601
51,015
57, 701
36, 218
41,013
43, 297
48, 064
47, 952
Imports (general) ore 3? metal
do
45, 292
94, 900
94, 000
71, 700
78, 000
94, 700 102,800
82, ICO
84, 200 101, 600
90, 800
Consumption, total
do
85, 300
Stocks, end of month:
Producers', ore, base bullion, and in process©
121, 691 117, 022 120, 706 134, 039 122, 340 116,093 111, 683 102, 401 116, 314 119, 461 115, 728
(ABMS)
short tons
Refiners' (primary), refined and antimonial©
54, 941
64, 065
54, 002
90, 777 100, 303 118, 677
60, 029
67, 296
58, 21 1 70, 101
short tons- - 49, 348
112, 953 106, 728
99, 652
96, 624 103, 910 105, 634 116, 630 122, 433 127, 489 113, 871
92, 601
Consumers', total
do
41, 178
45, 647
46, 295
48, 025
43, 633
41, 762
44,401
45, 877
45, 063
49, 495
Scrap (lead-base, purchased), all consumers.. do
44, 979
.1432
.1600
.1539
.1300
.1300
.1300
.1369
. 1400
.1400
.1400
Price, pig, desilverized (N. Y.)
dol. per lb~
.1350
Tin:
266
275
212
295
261
211
271
200
276
297
Production, pig (secondary) cf
long tons
290
2, 915
3,748
6,223
2,335
6,388
4,427
2,900
5, 171
5, 565
Imports (for consumption) bars pigs, etc
do
3, 780
4,602
5,685
7,220
6,820
7,590
7,305
5, 355
6,470
6,320
6. 660
Consumption pig total
do
6,975
5,925
4,555
4,345
4,840
4, 835
5,060
3, 720
3, 310
3,950
4,385
4,195
Primary
do
3,590
26
30
49
116
165
260
48
190
105
135
136
Exports incl. reexports (metal)
do
20, 055
19, 445
22, 540
21, 950
19, 200
21, 315
18, 625
20, 596
23, 285
23, 275
Stocks pig (industrial), end of month
do
23, 355
.9802
.9646
.9832
.9232
.9415
.9930
. 9375
.9268
.9331
Price, pig, Straits (N. Y.), prompt
dol. per lb__
.9184
.8923
Zinc:
33, 545
34, 346
42, 376
42, 672
47, 123
34, 779
45, 490
38, 708
39, 350
Mine production, recoverable zincA
short tons__ 51, 714
34, 967
Imports (general):
36, 709
48, 724
44, 223
41, 048
41, 633
45, 630
47, 619
48, 629
45, 288
46, 269
Ores and concentrates©
_
do
48, 171
21, 899
20, 376
15, 307
22, 069
12, 889
22, 568
15, 525
23, 406
30, 037
21, 776
Metal (slab, blocks) ...
do
16, 083
Slab zinc:
Production (primary smelter), from domestic and
89, 791
90, 032
84, 009
foreign ores
short tons
65, 459
78, 194
76, 349
78, 845
80, 577
74, 633
72, 767
81, 666
6, 823
5,202
2,895
4, 604
5,321
6,710
6,715
Secondary (redistilled) production, total _ do.
4,149
5,121
4,688
5, 143
74, 562
75, 909
60, 437
67, 421
73, 464
Consumption, fabricators', total
do. ._ 77, 489
69, 295
76, 595
75, 976
65, 123
87, 898
1,201
822
877
Exports . _
do
222
3, 769
413
518
343
156
446
789
Stocks, end of month:
Producers', smelter (AZI) _.. .
d o _ _ _ 105, 531 112, 693 133, 455 146, 179 149, 296 153, 766 155, 925 152,513 166, 660 180, 346 189, 189
84, 648
81, 584
74, 078
72, 288
70. 632
71, 124
Consumers'
do
87, 169
85, 006
74, 095
71, 919
71, 844
.1192
. 1000
.1350
Price, prime Western (St. Louis)
dol. per lb-_
.1136
.1000
.1000
.1000
.1000
.1000
.1000
.1001
Zinc oxide (zinc content of ore consumed)
6,552
7.243
7.833
6.174
short tons..
5.833
5.618
6.603
7.031
8.630
6.554
7.599
T
Revised.
v Preliminary.
fData for 1947-57 have been revised to incorporate adjustments to materials from the 1954 Census of Manufactures. Monthly data for 1947-56 will be shown
©Basic metal content.
ARevisions for aluminum castings (1955) and copper, lead, and zinc mine production (1956) will be shown later.
cfDatain 1957 BUSINESS STATISTICS represent total production (both primary and secondary).
.2810
.2610
r
r
251.4
190. 1
r
100. 8
277.4
210.5
112.7
.2610
50.5
' 87, 234
104, 530
76, 757
27, 773
16,277
84, 029
103, 689
75, 560
28, 129
19, 253
"I
27, 539
22, 584
r:____::
27, 987
23, 920
' 94, 441 p 92, 330
364, 803 p 374,505
'136, 623 p 136,179 I
. 2425 |
.2402
r
l
"416
'333
202
' 18, 307
26, 329
. 2430
"|
i
25, 712
78, 000
117,830
120, 913
127, 938
113,950
44, 569
.1300 ""."1260" ~~~.~1171~
256
r
5,920
3,880
228
21, 100
. 9433
.9298
35, 624
38, 728
.9449
69, 040
3,234
59, 978
11
203, 641
77, 741
.1000
221. 171
240, 070
.1000
.1000
6.819
6.041
later.
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
April
June
May
July
1958
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and con vectors, cast iron:
Shipments
thous of sq ft of radiation
Stocks end of month
do
Oil burners:
Shipments
number
Stocks end of month
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments total
number
Coal and wood
do.
Gas (incl bungalow and combination)
do
Kerosene gasoline and fuel oil
do
Stoves domestic heating shipments total©
Coal and wood
Gas©
_ _
Kerosene gasoline and fuel oil
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
1,723
4,887
1,507
5,435
2,230
5,163
1,769
4,745
2 123
4 896
2 551
4, 571
2 651
4 027
1 995
3 510
1 277
3 482
1 343
3 761
1 229
4 270
1 890
4 405
46, 782
65, 070
46, 081
73, 106
54, 445
73, 228
51,299
64, 102
65 606
61, 761
72, 554
50,305
70, 999
42,639
44 613
41, 298
29 276
39,054
40 193
38 308
33 984
37, 950
30 695
45,002
164, 877
4,716
153 207
6,954
152, 657
4,669
140 339
7,649
146, 449
4,757
136 036
5,656
133 939
3*908
124 151
5,880
179, 375
4,497
165 600
9 278
183, 666
5, 451
171 121
7 094
188, 661
6,227
175 627
6 807
146, 777
3, 328
137 166
6 283
126, 521
2,350
119 189
4 982
125 951
3 674
115 391
6 886
133, 652
3,003
121 655
8 994
144, 843
3,493
132 798
8 552
103, 585
14, 232
55,323
34, 030
143, 356
17, 406
78,250
47, 700
161, 121
22, 674
106, 523
31, 924
228, 241
30, 686
141, 644
55, 911
297 206
38, 676
187, 472
71 058
314 653
43, 344
206, 328
64 981
347 354
49, 997
236, 857
60,500
165 800
17 055
119, 539
29 206
74 534
6,832
55, 562
12,140
94 988
7,364
54, 931
32, 693
117 566
11, 999
69, 924
35, 643
74, 084
50,125
21, 793
2,166
232, 705
73,906
50, 208
21, 946
1,752
228, 198
84, 651
56, 579
25, 527
2,545
205, 838
85 681
57, 773
24,450
3,458
188, 082
114 756
71 874
37, 896
4 986
205, 503
140 797
88, 628
45, 498
6,671
210, 669
125 820
82, 380
37, 628
5,812
230, 690
91 300
61, 884
26, 524
2,892
169, 261
59 01Q
41, 570
15, 804
1,645
168, 719
68 205
70 961
46, 651
47 928
19, 712
21 160
1,842
1 873
232 784 212, 464
72, 716
52, 036
18,884
1,796
220, 009
75
6
48
20
764
592
412
760
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans new orders
thous of dol
Unit-heater group new orders
do__
Foundry equipment (new) , new orders, net
mo avg shipments 1947-49—100
Furnaces, industrial, new orders, net:
Electric processing
thous. of dol
Fuel-fired (except for hot rolling steel)
do
Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider- type
do
Industrial trucks and tractors (gasoline-powered), shipments
number-Machine tools (metal-cutting and metal-forming): f
New orders (net), total
. _
. mil. of dol
Domestic
do
Shipments total
do
Domestic
_ _ _
do __
Estimated backlog
months
56,490
21, 522
42, 647
20,801
39, 476
24, 136
101.1
136.2
187.5
98.6
231 3
113 9
145. 3
59 6
61 4
57 9
57 6
85 9
88.7
1,089
1 665
1,279
2 048
1,261
1 320
1,487
2 404
894
727
749
1,420
803
1 229
1 634
1,593
2 180
701
2 673
1,448
1 400
1 593
717
1,083
879
2,248
606
455
618
429
536
433
611
420
354
242
476
302
600
373
532
366
504
389
515
383
471
370
459
394
456
373
1,941
1,737
1,869
1,651
1,926
1,661
1,639
1,518
1,812
1,305
1,264
1,453
1,563
64.30
57.45
110. 65
97.00
53.65
49.75
104. 30
93.95
52.80
49.20
106. 95
94.55
62.65
56.90
81.45
73.10
4.0
52.90
48.15
78.30
71.50
36.75
31.90
82.05
72.70
39.70
32.70
76.05
66.05
3.2
35.15
30.80
59.75
51.60
24.85
20.05
70.10
63.25
2.8
26.85
22.00
57.80
50.80
2.7
28.30
23.75
48.05
43.15
2.7
r 36. 15
*>28.25
* 20. 65
P 51. 20
P 44. 40
»2.6
4.8
4.4
4.0
3.5
3.8
3.1
Other machinery and equipment, quarterly shipments:
Construction machinery (excavating and earthmoving) ©
thous of dol
Farm machines and equipment (selected products,
excluding tractors) cf
thous of dol
86, 352
72 170
45, 380
208, 630
169, 098
121, 331
Tractors (except garden), total, incl. contractors'
off -high way wheel-type tractors 9 ©
units
Value 9 ©
thous of dol
Tracklaving© O
units
Value ©O
thous of dol
W^heel-type (exc contractors' off-highway) units
Value
thous of dol
77 781
261, 232
11 390
105, 306
64 638
121, 049
56 906
196 995
8 340
81 671
47 220
87, 796
Pumps (steam, power, centrifugal, and rotary), new
orders
thous of dol
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
Household electrical appliances:
Refrigeration output (seas adj )©
1947 49 — 100
Vacuum cleaners (standard type), sales billed
thousands
Washers domestic sales billed A
do
Radio sets, production!
do
Television sets (incl. combination), prod.§
do___
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 products thous of dol
Steel conduit (rigid) shipments
thous of ft
Motors and generators, quarterly:
New orders, index
.1947-49=100..
Polyphase induction motors, 1-200 hp:1f
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:H
New orders
thous of dol
Billings
do
r
!
3 409 1 1 790 1 1 829 1 2 246
1
28, 153 1 16, 351 1 16, 426 1 19 092
1
20 274 i 14 089 11 15 338 1 21 635
1
1
42, 391 i 28, 097
29 375
43 558
1
1
1
1
1, 725
16, 687
21 768
42, 662
7,801
7,786
8,228
7 143
6 982
6 177
6 158
5 838
4,906
5 261
5,918
1 178
1 605
1 878
2 469
2 856
2 688
3 042
2 359
2 015
2 004
1 803
136
141
139
140
140
138
141
148
125
111
129
281 6
230.7
1, 115. 8
361.2
231 2
254.2
1, 023. 8
342.4
207 3
282.3
1,088. 3
2 543. 8
218 3
335.1
612.6
360.7
241 2
329.1
965.7
673.7
302 9
384.3
1,610.7
2
832. 6
328 7
369.5
1, 569. 2
662.0
251 1
237 5
260.5
206.8
1, 688, 9 M,793.3
574.6 3 573. 5
265 5
238.2
1, 026. 5
434.0
225 6
263.1
876.9
370.4
145 0
148 0
140 0
127 0
134 0
135 0
133 0
123 0
112 0
4,306
1 799
25 303
4,671
1 983
30 410
3,498
1 488
45 257
3,484
1 646
54 636
4 184
1 605
36 657
3,748
1 640
32 492
3,847
1 732
35 044
3,613
1 692
28 921
3,542
1 575
24 889
2
2
189.0
174.0
150.0
49 188
52, 321
44 640
45, 146
39 178
43, 347
8 317
11, 740
8 625
9,347
6,441
10, 245
r
1
'29.80
54. 15
48. 50
2.7
r
r
r \ 577
2
2
291 4
278.9
931. 3
416. 9
116 0
106 0
108 0
3 660
1 802
34 510
2,893
1,314
24 773
3,038
1 317
26 053
10 443
1
1, 325
1
10, 373
U,307
1,239
122
247.3
218.6
697.3
302.6
v 619. 6
p 274. 5
3,433
1,362
35, 486
7,560
2
3
Revised.
» Preliminary.
* Data are for month shown.
Represents 5 weeks' production.
Represents 6 weeks' production.
©Revisions for gas heating stoves (1954, 1955, and January-August 1956), total warm-air furnaces (1955 and January-August 1956), construction machinery (1st and 2d quarters of 1956),
tractors (1955 and 1st and 2d quarters of 1956) and refrigeration appliances (1956) will be shown later.
9 Includes data not shown separately.
t Revised, effective with the April 1958 SURVEY, to include the metal-forming types; comparable data for 1956 will be shown later. Figures in earlier issues of the SURVEY and in the
1957 edition of BUSINESS STATISTICS are for metal-cutting tools.
cf Data exclude shipments of farm elevators and blowers; shipments of these products averaged $8.5 million and $11.0 million per quarter in the first 3 quarters of 1956 and 1955, respectively.
©Data beginning January 1958 exclude tracklaying tractors shipped as integral units of tractor-shovel loaders, which are included in earlier data. For such types, the number shipped
totaled 701 and 476 units in January and February 1958, respectively.
AData exclude sales of combination washer-dryer machines. Such sales totaled 175,800 units in 1957 and 11,800 units in April 1958.
§Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for June and September 1957 and March 1958
cover 5 weeks; for December 1957, 6 weeks; all other months, 4 weeks.
IData for induction motors cover from 26 to 30 companies; for D. C. motors and generators, from 18 to 23 companies.
SURVEY OF CUKEENT BUSINESS
June 1958
S-35
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
DecemOctober NovemAugust September
ber
ber
February
March
2,197
1,782
1,501
January
April
May
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. of short tons. .
Stocks in producers' storage yards, end of mo.. do
Exports
.
_ _ _ _
do
Prices:
Retail, stove, composite
...dol. per short ton_.
Wholesale, chestnut, f. o. b. car at mine
do
Bituminous:
Production
thous. of short tons. _
Industrial consumption and retail deliveries, total
thous. of short tons..
Industrial consumption, total § - do
Electric-power utilities
_ _ ._ do
Oven-coke plants
do
Beehive coke ovens
__
_ do __
Steel and rolling mills §
do
Cement mills §
_. _.
. __ do
Other mfg. and mining industries §
...do. _ _
2,048
385
362
2,306
323
310
2,564
281
466
1,486
308
289
2,306
394
449
2,185
516
477
2,274
532
329
1,938
29.21
13. 671
27.58
13. 671
27.58
13. 671
27.98
14. 036
28.02
14. 105
28.40
14.532
28.56
15.022
28.90
15. 092
28.90
15. 512
29.14
15. 512
29.14
15. 512
42,006
42, 906
39, 319
34, 270
43, 046
40, 745
45, 473
38, 317
36, 989
37, 700
31, 450
r 31, 930
29 630
33, 369
30, 796
12, 237
8,812
352
585
715
7,246
32,208
30, 628
12,322
9,130
308
544
701
6, 753
30, 770
29, 353
12, 210
8,782
257
437
629
6,233
30, 810
29, 380
12, 443
9,033
229
433
442
5,996
32, 888
30, 846
13, 034
9,043
249
436
782
6,446
32, 302
29. 833
12, 469
8,751
35, 696
32, 186
13, 521
8,727
35, 165
31, 242
13,646
7,242
6,414
195
569
789
7,594
34,328
31, 169
13, 345
7,870
142
621
786
7,685
36,784
33,653 ' 32, 319
31, 778 •• 28, 662 r 28 692
14, 563
13, 352
13 165
6,697
5, 758
6 130
r 72
84
63
800
787
734
706
615
626
8,407
7,592
7,562
27, 118
24 920
11 290
5 446
57
583
629
6,556
729
120
685
185
614
191
621
183
671
185
619
170
626
165
607
113
584
22
521
0
452
3
400
r
3
320
39
_ _ do. .
2,573
1,580
1,417
1,430
2,042
2,469
3,510
3,159
3,923
5,006
5,031
3 627
2 198
Stocks, industrial and retail dealers', end of month,
total§.._
__ _ _
thous. of short tonsIndustrial, total §
_ do
Electric-power utilities
do
Oven-coke plants
_ _
do
Steel and rolling mills §
do
Cement mills
__
do
Other industrials
do
Railroads (class I)
-do
73,548
72,897
43, 984
13,285
734
1,231
12, 976
687
76,307
75,549
45, 877
13,903
775
1,287
13, 041
666
78, 531
77, 629
47, 592
13, 978
894
1,306
13, 132
727
75, 260
74, 318
47, 508
11,717
729
1,342
12, 357
665
77, 889
76, 899
49, 085
12, 504
780
1,371
12, 505
654
80, 021
79,011
50, 488
13, 002
81,583
80, 649
51, 238
13, 938
81, 520
80,532
51, 070
14, 002
80, 779
79, 868
50, 289
14, 092
77, 355
76, 617
48, 707
13, 217
72, 264
71, 692
46 025
12,096
1,450
12, 693
1. 531
12, 630
1,573
12, 617
1,524
12, 667
1,364
12 072
1,228
11 142
70,922
70 409
45 055
11 906
589
1 128
11 141
590
71, 296
70 749
45 662
11 782
621
1 060
11 074
550
547
Railroads (class I)
Bunker fuel (foreign and lake vessel) §
Retail deliveries to other consumers §.
Retail dealers
.
do
do
do
Exports
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
s
224
452
734
714
664
687
625
510
240
652
618
1,836
500
270
128
680
817
8,123
651
645
420
225
602
655
291
200
590
611
275
137
f 1. 571
283
1 639
29.14
28.21
15. 512 p 13. 280
651
758
902
942
990
1,010
934
988
911
738
572
513
7,455
7,605
7,798
7,300
7,405
6,583
6,435
5,268
4,901
4,104
2,933
3,629
16.26
15.94
15.96
16.07
16.14
16.38
16.52
16.58
16.61
16.62
16.63
16.66
16 63
5.596
7.135
5.603
7.095
5.601
7. 166
5.599
7.282
5.597
7.405
5.572
7.558
5.575
7. 611
5.565
7.665
5.559
7.724
5.539
7.709
5.555
7.709
r 5, 561
7.709
p 5. 451
p 7 239
215
6,221
521
180
6,451
592
155
6,207
559
138
6,364
519
151
6,369
562
6,159
118
84
5,532
586
75
5,090
607
4,715
38
599
'41
4,302
592
33
3 802
2,154
1,758
396
345
64
2,260
1,766
494
372
71
2,296
1,743
553
394
77
2, 423
1,781
642
400
66
2,545
1,829
716
401
87
2,599
1,816
783
435
81
2,764
1,947
817
459
60
2,963
2,095
868
501
56
3,137
2,183
3 347
2 312
1 035
576
33
3 478
2 346
1 133
622
32
3 721
2 479
1 243
15.25
15.25
15.25
15.25
15.25
15.25
15.25
15.25
15.25
15.25
15.25
15.25
15.25
2,144
226, 231
87
232, 197
2, 590
230, 458
90
247, 760
1,991
213, 202
88
236, 002
2,181
212, 771
89
243, 412
2,823
210,043
90
250, 847
2,353
206,590
89
237, 606
2,761
212, 106
2,152
214, 793
88
242,305
2,456
212, 810
1,773
190, 651
237. 143
2,105
204,484
86
230, 773
237, 827
210, 663
1,633
194 472
81
228 050
265, 796
74,950
169, 247
21, 599
275, 963
76,502
177,653
21,808
284, 312
77, 210
184, 168
22,934
288, 241
75, 961
190,058
22,222
283, 388
75, 841
185, 097
22, 450
280, 469
74, 575
183, 044
22, 850
284, 517
77, 737
184, 129
22, 651
281, 769
74, 340
184, 557
22, 872
281, 813 284, 539
76, 576
79, 736
183, 526 183, 043
21, 71 1 21, 760
285, 048
77 069
186, 877
21,102
278, 534
77 556
179, 464
21, 514
30 480
_
COKE
Production:
Beehive
_
_
thous. of short tons
Oven (byproduct)
_. 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 ton..
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
number..
Production.. _ _
_ -thous. of bbl -.
Refinery operations
.percent of capacity..
Consumption (runs to stills)
thous. of bbl
Stocks, end of month:
Gasoline-bearing in U. S., total
do
At refineries
.
do
At tank farms and in pipelines
...do
On leases
__ do
137
553
6,157
86
954
507
50
47
646
3, 300
2 273
1,027
559
41
86
4,041
560
85
_
15.25
9,147
1,745
1,197
3,698
1, 088
Exports
do
739
995
1,007
926
425
213
838
28,683
Imports.
_ do
33, 479
33, 113 42,048
41, 130
32, 800
31, 281
37, 651
28, 392
34, 237
27 485
3.07
3.07
3.07
3.07
3.07
3.07
Price (Oklahoma-Kansas) at wells
dol. per bbL.
3.07
3.07
3.07
3.07
3.07
3 07
Refined petroleum products:
Fuel oil:
Production:
55, 444
53, 180
54, 236
55, 979
Distillate fuel oil....
-thous. of bbl.. -52,934
53, 164
52, 863
58,455
52, 006
57, 120
48, 179
51, 149
33, 964
33, 033 33, 776
Residual fuel oil
_
do. _
34, 196
33, 754 32, 987 32, 602
35, 398
32, 059
33, 803
31, 054
31 468
Domestic demand:
45, 991 32,883 31, 970
31,120
33, 674 38, 362
Distillate fuel oil
_
do...
48, 669
74,760
60, 029
83,604 r' 82, 169
62, 859
47, 725
42, 529
Residual fuel oil
do
38, 430
39,060
40, 365
53, 719
36, 079
43, 102
45, 972
56,365
50 847
49 109
Consumption by type of consumer:
6,474
6,314
6,238
5,510
5,644
5,790
Electric-power plants
_ do .
6,421
7,048
6,684
7 257
6 442
5 950
5 017
7,940
7,648
7,250
7,659
7,906
Railways (class I)
_
..do ...
8,146
7,833
7,687
7,596
7,812
7 319
8,205
8,183
7,737
7 491
7,976
Vessels (bunker oil)
do...
7,874
8,101
8,345
7,168
7,345
7,462
6 456
6 886
Stocks, end of month:
78, 743 98, 060 117, 364 138, 359 159, 124 173, 269 176, 388 166, 763 149, 449 122 375
Distillate fuel oil
do
87 906
75 315
45, 572
37,429
41, 036
49, 621
52, 645
Residual fuel oil
.do
58, 727
60,025
59, 959
59, 622
57, 562
55 095
54 929
Exports:
4,798
2,643
3,699
Distillate fuel oil
do....
2,343
1,332
2,022
2,447
1,825
2,239
1,364
1 657
1 902
2,544
3,494
2,516
2,933
Residual fuel oil
.do
2,332
1,574
2,279
1,804
1,898
1,418
1 769
1 046
Prices, wholesale:
.114
.109
.119
.114
Distillate (N. Y. Harbor, No. 2fuel)-dol. per gal_.
.105
.105
.105
.105
.105
.105
.101
.099
2.35
2.35
2.15
2.35
2.05
Residual (Okla., No. 6 fuel)
dol. per bbl._
1.95
1.75
1.75
1.75
1.75
1.25
1.10
Kerosene:
Production
thous. of bbl..
7,617
8,520
8,440
7,804
7,718
8,284
8,230
9, 709
11,042
11, 204
10, 651
10, 436
Domestic demand
_
. do _
6,747
3,826
4,327
4,948
4,828
10,085
6,486
11 442
14, 593
17 459
16 524
11 003
Stocks, end of month
...do
21, 512
25, 374
28,872
31, 713 34, 576
34, 384
36, 382
32, 696
29, 200
23' 073
17 202
16 706
45
Exports
do _
579
28
373
348
225
211
67
109
93
71
82
Price, wholesale, bulk lots (New York Harbor)
.125
.114
.120
.120
.110
dol. per gal_.
.110
.110
.110
.110
.110
.106
.104
r
Revised.
*> Preliminary.
„ A for
f~ the indicated components have been revised to new benchmarks- bunker fuel figures
§Data for total industrial consumption, retail deliveries, total industrial and retail stocks, and
ow include fuel on lake vessels. Revisions for the affected items are available on annual basis from 1933 forward and on monthly basis beginning January 1954
9 Includes nonmarketable catalyst coke.
SUEVEY OF CUREENT BUSINESS
S-36
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
3,843
2,749
11, 360
3,973
3,191
11,218
April
May
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
Production
thous of bbl
Domestic demand
do
Stocks, refinery, end of month
do
Exports
do
Price, wholesale, bright stock (midcontinent, f. o. b.
Tulsa)
dol per gal
Motor fuel:
Gasoline (including aviation) :
Production total
thous of bbl
Gasoline and naphtha from crude oil
do
Natural-gas liquids:
Used at refineries (incl benzol)
do
Used in other gasoline blends etc
do
Domestic demand
Stocks, end of month:
Finished gasoline
At refineries
Unfinished gasoline
Natural-gas liquids
5,124
3,653
10, 587
1,248
5 131
3,869
10, 710
1,074
4,246
3,037
10, 591
1,265
4 657
3,897
10, 313
4 378
3 169
10, 210
1 074
4 476
3,621
9,953
1 065
4,423
2,881
10, 396
1,043
4 432
2,872
10, 864
1,044
4 221
2,959
11,284
981
4 704
3,717
10, 124
1,087
.255
.255
.255
.255
.255
.255
.255
.255
.255
.255
.255
.245
113,098
98, 775
120 892
106, 630
119, 521
104, 930
120 506
106, 393
127 794
112, 116
122 960
108 675
122 103
107, 323
117, 026
102, 699
124 034
109, 437
119, 265
106, 450
106, 101
94, 316
112, 847
100 019
11, 836
2,487
12, 158
2 104
11, 506
3,085
12, 414
1 699
13, 171
2 507
13, 193
1 092
13, 424
1 356
13, 224
1,103
13, 192
1 405
12, 192
11, 151
634
11,132
1,696
do
115, 820
124, 325
121, 598
130, 251
128, 808
113, 567
119, 334
107, 705
112, 691
107,281
95, 516
108, 733
do
do
do
do
188, 649
104, 636
12, 758
20, 742
183, 064
99, 869
12, 030
24,818
177, 997
94, 597
12, 066
27, 259
166, 654
88 664
11,214
28 448
162, 810
85, 468
11, 221
29 092
170, 056
89 184
10, 632
29 271
169, 988
87, 922
10, 914
27, 838
175, 851
91, 387
11, 290
25, 575
186, 253
103, 555
10, 523
21, 567
196, 855
113, 724
10, 260
18, 407
204, 456
123, 204
11, 474
15, 240
207, 127
117, 850
11, 578
15, 378
2,117
2,081
2,458
1,744
2,314
2, 395
2,086
2,629
1,529
1,558
1,208
1,273
.126
.125
.123
.116
.118
.120
.120
.120
.120
.120
.115
.113
.222
.222
.222
.223
.223
.214
.220
.219
.217
.211
.218
.216
8,824
6,993
12, 397
7,285
9,573
7,289
13, 010
7,721
9,461
7,188
13, 085
7,873
9,862
7,682
12, 889
7,716
10, 176
7,834
13, 012
7, 815
9,208
6,326
13, 332
7,885
9,542
7,495
13, 709
8,497
8,985
5,965
13, 925
7,923
9,428
6,780
14, 868
8,521
9,305
7,023
14, 069
8,139
8,652
5,889
14, 628
8,399
9,136
6, 375
14, 363
8, 186
6,203
6,478
5,322
5,813
6,120
5,656
4,412
4,333
6,321
5,514
7,122
5,470
5,260
5, 832
5,248
3,702
4, 064
5,042
4,723
5,296
4,681
4,245
5,932
4,645
4,613
4,713
4,749
4, 542
6,484
4,801
4,625
6, 859
4,451
5,697
7,495
4,488
6,538
14, 606
8,303
15, 160
9,012
14, 435
9,789
11, 509
10, 505
9,970
9,318
8,586
8,085
7,863
6,107
8,996
4,703
10, 463
4,047
11,790
3,703
13, 269
4,498
14, 554
473
707
468
706
421
728
446
706
430
658
462
662
498
655
450
655
478
666
440
702
389
694
445
719
4,424
3,975
4,532
5,401
5,882
5, 455
6,053
3,707
2,594
2,975
2,500
' 3, 546
5,159
753
886
614
861
853
947
1,283
3,622
1,264
3,245
526
700
2,104
420
658
1,517
1,748
457
609
2,863
1,075
1,460
3,519
681
922
2,500
1,141
3,407
977
2,785
711
957
1,434
'700
'810
2, 036
1,004
1,084
3,070
1,843
77, 918
3,414
67, 680
2,088
69, 698
2.233
86, 972
2,019
110, 858
1,835
77, 798
2,145
89, 541
1,308
65, 471
53,418
63, 344
53, 406
2,801
2,714
6,878
Exports (motor fuel, gasoline jet fuel)
do
Prices, gasoline:
Wholesale refinery (Okla , group 3) dol per gal
Retail (regular grade, excl. taxes), service stations, 54 cities
_ _ dol. per gal
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
do
Stocks, end of month
do
Asphalt:©
Production
_ _
do
Stocks refinery end of month
do
Wax:O
Production
do
Stocks refinery end of month •
do
Asphalt and tar 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
Asphalt board products
thous. of sq ft
Saturated felts
short tons
80
64
75
80
99
113
132
80
48
716
970
799
623
62
600
r
r
54
517
879
r
56
840
.215
83
77, 156
1,648
87, 330
r
2, 789
' 2, 953
6, 700
2,391
2,841
6,220
701, 969
505, 570
r
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
Consumption
Stocks, end of month
Waste paper:
Receipts
Consumption
Stocks, end of month
thous. of cords (128 cu. ft )
do
do
2,716
3,025
6,449
2,826
3,094
6,155
2,884
2,905
6,078
2,986
2,642
6,385
3,276
3,047
6,706
2,941
2,858
6,705
3,226
3,196
6,697
2,766
3,002
6,548
2,813
2,638
6,629
3,184
3,063
6,768
short tons
do
do
724 292
725, 959
504, 557
734, 710
496, 039
689, 816
481, 179
613, 716
505, 401
723, 279
475, 135
713,496
462,417
782, 049
473, 977
678, 765
488, 311
645. 156
514, 832
689, 836
516, 248
667,698 'p 706, 478
493,363 495, 159
WOOD PULP
Production:
Total, all grades _. ._
thous. of short tons
Dissolving and special alpha
do
Sulfate
do
Sulfite
_
do
1, 840. 4
93.9
993.1
225.5
1, 900. 7
93.2
1, 052. 9
211.0
1, 776. 1
82.7
981.7
201.2
1, 590. 2 1, 894. 9 1, 742. 8
80.1
78.8
74.7
969.0
857.5 1, 063. 2
210.2
192.1
182. 3
1, 961. 1
91.4
1. 086. 9
234.3
1, 850. 6 1, 606. 1
87.0
67.4
1, 037. 3
872.9
208.8
191.7
1, 853. 8
98.3
1, 016. 3
224.4
1,677. 8 r 1, 809. 7 1, 729. 1
73.9
76.3
65.4
934.2 '1, 019. 8
968 3
188.4
'• 210. 4
208.9
Groundwood
Defibrated or exploded
Soda, semichem., screenings, damaged, etc
Stocks, end of month:
Total, all mills
Pulp mills _ _ _ _
_
Paper and board mills
Nonpaper mills
do
do
do
263.6
95.4
168.8
264.3
95.6
183.6
248.2
96.3
166.0
232.0
88.3
155.5
251.3
100.4
189.8
227.4
96.5
178.9
246.2
106.5
195.8
237.0
94.0
186.5
227.1
82.1
164.9
247.5
96.2
171.1
234.1
89.4
157.7
do
do _ _
do
do
859.8
209.2
544.0
106.6
879.2
218.2
556.5
104.5
862.5
222.2
535.3
105.0
879.1
213.0
559.7
106.3
873.0
213.7
556.1
103.3
852. 1
200.3
553.4
98.5
880.3
217.6
564.3
98 5
904.9
239.9
561.5
103 5
886.3
219.5
565. 7
101.1
889.5
250. 2
542.2
97.1
894.7
261. 9
536.4
96.3
Exports all grades total
Dissolving and special alpha
All other
_
do
do
do
50.4
14.1
36.2
57.1
23.9
33.3
59.7
23.0
36.7
58.3
25.9
32.5
46.2
18.1
28.1
48.7
26.0
22.7
36.8
16.3
20.5
39.6
12.9
26.7
66 5
31.9
34.6
46.1
18.2
27.9
43.7
18.9
24.8
Imports all grades total
do
168.6
Dissolving and special alpha
do
11.8
156.8
All other
,
do
f Revised.
* Preliminary.
©Asphalt— 5.5 bbl. = l short ton; wax— 1 bbl. = 280 It.
176.5
10.0
166.5
163.3
11.5
151.8
173.7
11.4
162.3
184.3
174.3
10.0
164.4
206.1
12.3
193.8
173. 6
148.1
141.5
161.5
175.0
164.8
142.0
137.0
156.3
9.2
8.8
6.2
4.5
5.2
r
r 244. 4
94.8
r
164.0
235.9
90.5
160.1
r
920.4
276.6
548.1
95 7
920. 2
r 266. 1
r
558. 9
95.1
49.9
22.8
27.2
.214
SUKVEY OF CUEEENT BUSINESS
June 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-37
1958
1957
May
April
June
July
DecemAugust Septem- October November
ber
January
February
March
April
May
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
All paper and board mills, production:
Paper and board, total
thous. of short tons_.
Paper
do
Paperboard
__do
Wet-machine board
do
Construction paper and board
do___
»• 2, 609
1, 176
1,180
r
13
240
2,664
1,172
1,237
12
243
rPaper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association) :
863.9
830.9
Orders new 9
thous o f short tons
685.4
706.9
Orders, unfilled, end of month 9
do
1, 008. 6 1, 007. 5
Production
do
859. 5
Shipments 9
do
849.3
504.9
Stocks end of month 9
do
518 2
Fine paper:
155. 4
Orders, new
.do
134.0
77.5
Orders unfilled, end of month
do
70. 1
136.7
135 1
Production
do
150.2
Shipments
do
140.0
139.3
Stocks, end of month
__do .
136.7
Printing paper:
336.9
359.9
Orders, new
__
_
-do .
426. 1
439.5
Orders unfilled, end of month
do
352.7
341.7
Production
__ _
__
do
351. 3
Shipments
do
341.0
Stocks, end of month
__
_do
216.1
208.7
Price, wholesale, book paper, "A" grade, English
15.38
15.88
finish, white, f. o. b. mill
dol. per 100 Ib
Coarse paper:
296 0
302 3
Orders new
thous of short tons
137.6
Orders unfilled, end of month
do
148.7
309.4
312.0
Production
_.
_do
310.6
Shipments
do
304.0
Stocks, end of month
do._
108.7
103.9
Newsprint:
Canada (incl. Newfoundland) :
Production
do
573.0
554.8
Shipments from mills.
do _ _
538.4
574.3
Stocks at mills, end of month
do
217.3
216.0
United States:
442.3
466.0
Consumption by publishers
do
162.4
171.2
Production
_
_
_do
Shipments from mills
do
162.6
172.5
Stocks, end of month:
11.0
At mills
do
9.6
At publishers
do _.
592.6
589.7
100.9
96.5
In transit to publishers
do
2,372
1,056
1,092
12
213
2,528
1, 149
1,143
13
224
r
r
r
2,512
1, 110
1,147
15
241
2,243
998
1,005
10
231
2,668
1,151
1,238
16
263
2,519
1,061
1,191
12
255
2,796
1 201
1,304
13
277
2,543
1 108
1.194
12
228
2,299
1,050
1,038
13
199
802 6
680.1
958.9
794.9
575 2
764 8
721 4
858.8
716 2
471 3
799 6
704.9
1, 001. 4
837.7
479 1
764 7
093 9
926.6
772 4
484 0
849 0
704 0
1, 060. 7
863 2
496 7
765 0
636.5
974.6
803 2
513 5
770 1
664 6
954.1
764 2
520 6
827 4
652. 0
'r 997. 2
824. 5
r
507 6
114.7
70.6
125 0
1?3 3
121.7
117.1
89 3
101 7
97 9
109 5
119.1
83.2
132 8
128 1
106.8
106. 7
75 5
127 7
117 1
110.8
116.0
70 0
136 3
125 3
115.1
114.0
64 5
127 0
118 7
125 0
107.1
59 4
124 0
113 8
130 0
r 128 9
1
125.4
70.7
137.0
125.4
131.2
346.6
425 7
336.4
336 0
209.0
326.4
441 1
314 5
314 8
208.8
318.8
428 0
343. 6
337 8
214.4
310.3
421 5
308.3
305 2
217.5
353.2
434 7
349.8
350 2
217.1
321.5
395 5
330 9
331 5
215 9
330.6
421 7
314 3
320 2
209 9
'r 343. 6 rr 323. 6
368. 5
418 7
r 315. 1
f 342. 9
r
342 6 r 308.0
217. 3
••210 2
325.3
368.9
340.2
309.5
248.0
15.88
'15.95
r 273 5
r 312 2
r
130 1 rr 120 3
280. 1
'304 6
r 275 5
r 306 6
r HI g
r 109. 7
300 1
132 8
300.9
296.7
113.7
r
r
122.8
66.9
124 0
130.7
r 760. 8
»• 599. 5
r 912. 2
r 740. 6
r
508. 7
r r120. 9
75.9
123 0
115.4
r
r
r 131.
2, 536
1, 127
1, r170
13
•227
2,479
1, 130
1,104
13
231
798.2
608.7
988.9
781.6
548 0
v 15. 95
15.88
15.88
15.88
15. 88
15.88
15 88
15 88
292 5
1 43. 5
289.8
285 1
117.0
277 2
150 5
252. 1
258 9
120.6
314 6
115.4
315.3
319.0
105.5
301 5
159.0
291.5
302.4
102.5
325 1
158.9
335.4
332.2
105.0
283 2
137 5
308 9
304 4
113 0
281 3
137 9
282.9
282 4
115.6
532.0
548.5
199.6
549 2
578.8
169 9
560.3
524.0
206.2
486.6
512.9
179.9
548.7
544.4
184.1
504.9
520 5
168 6
435.3
471. 4
132 5
498 3
474 8
155 9
473 8
435 2
194 6
521 8
471 1
245 2
522 6
532.7
235 1
433.9
159.1
156.8
373 5
144.4
143 1
386.4
156. 5
153.7
434.3
133.8
132.7
465. 4
146. 8
145 3
453 0
140.4
143 1
436 3
138.7
135 1
385 9
157 0
158 8
364 7
140 4
138 7
434 4
148 4
151 0
423 3
148.6
149 2
11.9
585.6
101.8
13 2
653.4
101.5
15.9
704.9
100.6
17.0
673.4
107.7
18.5
665. 2
87 3
15 7
628.0
94 8
19 3
595.4
79 6
17 6
602 0
108 1
19 3
612 2
107 5
16 7
590 7
99 1
16 0
588.4
106 5
459.4
450.1
Imports
do
413.6
495.0
Price, rolls, contract, delivered to principal ports
134. 40
134. 40
134. 40
dol. per short ton
134. 40
Paperboard (National Paperboard Association) :
Orders, newt
thous. of short tons r 1,216. 7 '1,233.8 '•I, 127. 9 r 1,119. 5
384.1
Orders, unfilled, end of month
do
493.7
370.7
506.5
'•1,193.2 r 1,262.1 r 1, 144. 0 r 998. 8
Production, totalj
do
92
93
91
77
Percent of activity
_-_
Paper products:
Shipping containers, corrugated and solid fiber,
shipments*
mil sq. ft. surface area.
8,029
8,301
7,801
7,549
Folding paper boxes, index of value:
190.5
206.7
New orders
_ 1947-49= 100. . 212.9
192.7
170.4
185.5
187.0
167.7
Shipments
_
_
do
15 88
404.1
413.9
472. 3
406.9
403 7
399 5
369 8
134. 40
134. 40
134. 40
134. 40
134.40
134 40
134 40
1, 135. 1 r 1, 090. 0
355.2
376.2
r
1, 245. 5 r 1, 057. 2
1 047 9
340 8
1 081 7
1 044 3
363 0
1 059 9
r
1, 246. 4 ' 1, 233. 2
547. 0
418.3
T
1, 292. 9 r 1, 167. 8
94
91
T
1, 353. 0
481.3
r
1, 349. 2
97
r
92
79
80
86
134 40 P 134 40
1, 173 7
351.9
1 171 2
1 113 9
365 2
1 112 9
1,175.6
348.6
1, 163. 5
87
84
85
9,066
8,425
9,437
8 065
6 825
7 697
7 013
7 483
7 543
7,944
203.0
192.4
200.4
190.3
206.4
211.1
183 6
184.7
173 7
178.8
187 3
177.4
189 3
161.8
202 2
179.7
194 9
172.6
187. 9
175.9
694
538
156
1,113
1,336
1,132
1,408
1,176
1,271
1,043
579
478
101
1 051
1 302
1 087
1 109
215
883
226
1 151
228
38 203
101 401
53, 922
42 597
104 979
45, 564
36 711
110 880
46, 017
38 191
112 863
36 608
107 897
PRINTING
Book publication, total
New books
New editions
number of editions
.
_
do
do
1,463
1,176
287
1,010
813
197
1,176
915
261
1,018
794
219
926
187
204
232
821
230
921
230
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons
45, 284
102, 796
Stocks end of month
do
Imports, including latex and guayule. _ _
-do
60, 096
Price, wholesale, smoked sheets (New York)
.321
dol. per lb__
Synthetic rubber:
Production _
Jongtons__ 82, 340
Consumption
_
do
76, 084
Stocks end of month
do
173 611
Exports
_ _ _ _
_ _ _ _ d o _ _ 13, 966
Reclaimed rubber:
Production
Consumption
Stocks, end of month
do
do
do
23 089
23, 102
30, 258
46, 440
98, 717
52, 592
41,214
90, 694
30, 559
39, 724
98 871
44, 760
44, 846
99 093
48, 951
43, 585
103 243
44, 188
48, 685
102 496
49, 371
43, 723
98, 224
44, 583
.328
.333
.329
.324
.301
.295
.265
.285
95, 014
79, 946
173, 441
16, 009
84, 413
70, 203
173 170
17, 584
80, 810
68, 769
163 648
19, 817
93, 421
78, 985
161 688
18, 113
94, 537
77, 372
160 507
14, 696
106, 401
88 497
164 705
16, 697
106, 030
75 132
177 967
16 549
103, 779
67 386
198 585
19 620
25 088
23, 771
29, 847
22 608
21,312
30, 379
20 632
19, 639
29, 972
20 611
22 387
28, 521
20 075
21 664
25, 983
26 650
24 878
27, 171
22 286
20 545
27, 855
20 286
18 229
29. 323
r
Revised.
*> Preliminary.
9 Data exclude estimated for "tissue paper."
{Revisions will be shown later as follows: January 1954-March 1957 for paperboard; January 1955-February 1957 for shipping containers.
.275
102
72
210
19
716
625
397
082
21 15°
21 186
29, 569
.266
.269
755
230
914
565
83 641
66 040
209' 468
20 512
73 757
66 613
199 226
18 319
18 130
28. 838
19 601
19 300
28. 984
19 818
19 746
29, 440
•-.263
81
64
208
14
. 252
SUEVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1958
1957
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
.
Original equipment
Replacement equipment
Export
8,950
9,490
8,489
8,443
8,917
8,641
9,708
8,248
7,615
7,814
7,314
7,573
7,477
do do
do
- do---
9,381
3,246
5,989
146
9,150
3,230
5,787
134
9,310
2,993
6,191
127
9,840
3,068
6,646
126
9,833
3,214
6,488
130
7,723
1,688
5,902
133
8,154
2,621
5,350
182
7,171
3,398
3,630
143
6,560
3,070
3,342
148
8,271
2,653
5,511
107
6,737
2,253
4,374
110
7,543
2,114
5,334
95
8, 175
1,876
6,183
116
do
do
21, 308
202
21, 630
150
20, 783
120
19, 316
120
18, 477
139
19, 393
124
20, 985
136
22,171
142
23, 225
163
22,769
1
161
23, 392
*97
23,446
191
22, 658
._ . _ do...
do
3,428
3,104
3,548
3,214
3,025
3,472
2,941
3,708
3,134
3,683
3,365
3,483
3,764
3,172
3,243
2,736
2,778
2,717
3,344
4,309
3,444
3,296
3,685
3,764
3,624
3 243
do
- - do
6,969
90
7,422
82
6,946
75
6,287
63
5,966
74
6,174
77
6,909
100
7,444
83
7,671
84
6,700
2
132
6,983
276
7,066
373
7,609
14, 125 * 18 038
'58
50
10, 968 r 17, 686
24 Oil
79
25 566
33, 235 36, 383 rr 36, 734
19, 168 ' 24, 526 28, 235
35, 179
28,305
thousands
-
--
..
Stocks, end of month _
Exports
Inner tubes:
Production
Shipments
.
Stocks end of month
Exports
-
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent o f capacity
Shipments, finished cement
Stocks, end of month:
Finished
_
Clinker
thous. of bbl
___
thous of bbl
do
_._do
23, 967
83
23, 351
27, 485
92
29, 203
26, 462
91
29, 758
20, 287
67
25, 827
31, 406
104
35, 732
30, 884
104
30, 707
30, 121
98
31, 164
25, 014
84
21, 039
22,386 ' 18, 230
73
59
17, 023 r 13, 717
34, 893
23,620
33, 176
22, 539
29,885
20, 550
24, 345
17, 979
20, 018
13, 881
20, 250
11,016
19, 213
9,444
23,187
11, 326
28,566
14, 776
534, 682
523, 085
564, 799
585, 612
577, 448
567, 339
593, 044
609, 478
625, 020
634, 291
583, 681
569, 602
611, 704
602, 404
532, 650
478, 223
T
r
r
r
CLAY PRODUCTS
Brick, unglazed (commercial and face):
Production cf
thous. of standard brick
Shipmentscf
- - do
Price, wholesale, common, composite, f. o. b. plant
dol. per thous
460, 664
385, 040
408, 100
347, 749
338, 619
269, 485
422 800
436, 589
r
r
r
r
r
30. 814
30. 814
30. 914
30. 914
30. 816
30. 816
30. 816
30. 816
153, 240
139, 420
162, 551
152, 142
149, 829
151, 929
153, 639
153, 730
157, 908
168, 799
143, 587
150, 045
173, 215
164, 643
145, 230
117, 111
123, 524
87, 927
133, 193
100, 950
108, 154
72, 335
117,507
114, 563
52, 258
47, 677
53, 688
51, 580
58, 258
66, 386
62, 183
57, 873
54, 320
50 904
46, 081
45, 825
49, 628
49 266
45, 805
38, 727
44, 437
37, 152
43, 741
37 783
35, 115
30, 716
40, 822
41, 392
11, 786
12, 557
12, 801
12, 622
14, 200
12, 410
13, 174
11, 457
10, 767
11, 714
10, 899
12, 216
11, 158
11, 114
12, 674
12, 078
12, 273
17, 968
9,140
12 461
11,954
9,294
10, 644
10, 546
11, 015
10, 914
1,091
1,182
1,238
1,350
2,501
1,554
1,398
1,085
779
941
889
996
1,082
2,963
3,435
3,425
3,604
5,811
2,720
3,604
3,386
2, 669
3,272
2,773
3,181
3,210
do
do
do
do
do
do
961
911
1,060
2 875
1,104
149
1,351
1,300
1,064
2 866
1,307
169
1,403
1,333
1,157
2 453
894
175
1,177
1,397
905
2 678
983
179
818
1,343
1,835
3 952
1,398
310
350
495
2 304
690
195
371
773
1,546
3 486
1,077
206
594
765
1,441
3 414
1,035
234
903
546
986
2,517
740
154
894
582
965
2.891
947
152
1,446
559
1,018
2 891
832
138
788
855
1,195
2,929
932
139
696
1,079
1,045
2,727
947
128
do
18 018
17 653
18 131
18 204
14 124
17 125
17 471
16 580
17 834
18, 051
18 196
19, 132
19, 027
Clay sewer pipe and fittings, vitrified:cf
Production _
short tons
Shipments
do
Structural tile, unglazed:d"
Production
.
do
Shipments
do
31. 069
30. 904
30. 904
30. 951
30. 951
GLASS PRODUCTS
Glass containers:
Production
thous of gross
Shipments, domestic, total
do
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers, jelly
glasses, and fruit jars)
thous of gross
Beverage
_
Beer bottles
Liquor and wine
Medicinal and toilet
Chemical, household and industrial
Dairy products
Stocks end of month
ooo
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
Production
thous of short tons
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
Uncalcined uses
short tons
Industrial uses
Building uses:
Plasters:
Base-coat
All other (incl Keene's cement)
Lath
Wallboard
All other O
r
2
T
1,161
2 369
1 350
r 2 555
1,061
2, 279
1,983
2,378
2 130
1,862
1,790
r
779, 707
793, 531
854, 662
588, 120
do
79, 582
78 948
76, 674
63, 642
do
do
371, 901
339 055
385, 268
370 959
323, 847
303 223
293, 050
263, 812
577.1
1,071.5
59.0
621.4
1, 155. 4
61.4
529.3
1, 060. 2
51.0
496.3
1,093.0
337.9
mil. of sq. ft
do
do
!
Revised.
f Preliminary.
Data for motorcycle tires are excluded beginning January 1958.
Data beginning January 1958 include all inner tubes, new or used, except aircraft; earlier data include only automotive tubes (passenger-car, truck, and bus). Exports of types included
in 1958, but formerly excluded, averaged 14,000 per month in 1957 Excludes data for tile.
cf Revisions to be published later are as follows: 1954 (annual data only); 1955 (annual and monthly); 1956 (January-August).
O Comprises sheathing, form board, tile, and laminated board.
NOTE FOR RAYON AND ACETATE STAPLE (PLUS TOW) PRODUCTION AND STOCKS, p. S-39.—Beginning January 1958, data exclude all figures for acetate staple plus
tow. (It should be noted that for 1954-57, data as published for staple and tow exclude the greater part of acetate tow for cigarette filtration purposes.) For the years 1955-57, production
of acetate staple plus tow (included in total staple through 1957) averaged 14.1 mil. Ib. per quarter.
SUKVEY OF CUERENT BUSINESS
June 1958
S-39
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
May
April
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
TEXTILE PRODUCTS
APPAREL
Hosiery, shipments! _
thous. of dozen pairs _ r 11, 067
Men's apparel, cuttings:! AO
Tailored garments:
Suits
.
thous. of units. _ !2,045
1365
Overcoats and topcoats
do
Trousers (separate) , dress and sport
do __ ! 5,640
Shirts (woven fabrics), dress and sport
thous. of doz__ 11,735
Work clothing:
1265
Dungarees and waistband overalls
- - do
1325
Shirts
do
Women's, misses', juniors' outerwear, cuttings:AO
1,431
Coats
_
_ . thous. of units . r
27, 200
Drosses
do
676
Suits
-_ _ do _
1,154
Waists, blouses and shirts
thous. of doz
r
11, 213 r 11, 532 "•11,214
' 13, 754
r
13, 844 ' 15 434 ' 13 036
1,820
416
5,520
1,604
384
5,328
i 1,1 230
285
1
4, 500
1,692
440
5,664
1,388
320
4,848
1
1,576
1,524
1
1,504
1,516
1
252
304
220
288
1,204
27, 884
454
1,208
1,908
19, 816
680
1,151
1, 270
1
200
i 265
1
r
9 773
11, 696
11, 056
11, 667
10,723
1, 665
!310
6, 120
1,408
192
5,088
1,392
184
4,944
i 1, 670
i 205
1
5, 275
1,436
188
4,792
1,352
208
5,040
i 1, 665
1365
1
5, 445
1,845
1,560
1,328
1
1, 830
1,676
1,844
i 1, 655
208
292
136
264
1210
i 335
232
288
256
288
2,256
21 749
1,102
1 111
2,371
22, 457
1.277
1,268
2,232
20,127
••998
1,339
1
1
252
320
248
328
2,458
18, 125
926
1,134
2,702
20, 844
996
1,249
2,362
19, 035
683
1, 154
2,718
20, 578
757
1,335
2,312
18, 571
849
861
1,536
16 604
736
640
232
973
2,499
5 594
8,039
2 9 201
265
340
1225
310
1
1,127
26, 844
556
1,221
COTTON
Cotton (exclusive of linters):
Production:
G innings §
thous of running bales
Crop estimate, equivalent 500-lb. bales
thous of bales
Consumption^
bales
Stocks in the United States, end of month,
totalU
thous of bales
Domestic cotton, total
do
On farms and in transit
do
Public storage and compresses
do
Consuming establishments
do
Foreign cotton total
do
3
4
10 633
10 880
4
1
809,727
670, 259
' 14, 625 13, 240
' 14, 582 13,200
f 1, 214
992
' 11, 878
10, 829
1,379
1,490
43
39
r
602, 968
Exports A
bales
3,412
ImportsA
do
30.6
Prices (farm), American upland
cents per Ib _
Prices, wholesale, middling, 1", average 14 markets
33.9
cents per lb_.
Cotton linters:
104
Consumption
thous. of bales
85
Production
do
969
Stocks, end of month
«_do_
r
648, 964
1
639,776 666, 549
12, 108 5 11, 323
12, 074 5 11, 284
297
798
10, 049 5 9, 859
1,128
1,227
34
39
1
571 287 *799 800
819, 816
656, 205
22, 505
22, 466
12, 185
9,312
969
39
21, 274
21, 234
10 542
9,634
1,058
39
19, 344
19, 305
7,257
10, 784
1 264
39
17, 573
17, 529
4,801
11, 308
1,420
45
16 391
16, 334
2 220
12 549
1 565
57
659, 651
639, 635
14 962
13, 910
14 900
13, 856
562
1 058
12, 147 " 11,517
1,728
1 695
54
62
10 964
632 022 i 729, 546
12, 852
12, 804
589
10, 491
1 724
48
11, 618
11, 575
556
9,318
1,701
42
659, 701
5,349
31.5
525, 108
3,607
31.9
417, 607
6,300
32.3
336, 088
7,755
32.8
378, 825
31, 122
33.0
483, 654
16, 148
32.3
525, 502
27, 718
31.1
608, 635
36, 670
28.2
516, 794
6,418
27.4
449, 626
2,276
24.9
480, 138
26.1
27.9
29.1
33.9
34.0
34.0
33.6
33.2
33.5
34.3
34.9
34.8
34.6
34.5
34.6
34.7
105
70
924
92
44
843
80
35
799
104
45
724
100
107
712
107
199
786
103
178
837
100
156
876
99
156
919
91
119
931
89
••96
••957
75
69
941
46, 606
11, 798
47, 830
11,329
2,437
47, 990
10, 719
39,163
8,181
40, 917
9,165
2 249
41, 781
7,491
46,253
8,943
49, 519
7,704
2 357
45 303
11, 771
40, 763
13, 182
45,246
11, 178
45, 043
27.65
36.4
16.0
16.5
27.03
36.4
15.9
16.3
26.81
36.4
15.8
16.0
26.75
36.4
15.6
16.0
27.49
36.4
15.6
16.0
27.58
36.4
15.4
15 8
26.36
36.4
15.3
15.8
24.69
36.4
15.1
15.5
24.76
36 4
15.4
15 8
25.26
36.4
15.5
15.8
25.14
36.4
15.1
15.8
25.25
36.4
15.0
15.8
24.84
P36.4
P14. 7
P 15. 5
.662
.938
.662
.934
.666
.938
.663
.936
.663
.938
.666
.940
.663
.940
.660
.941
.670
957
.670
.957
.668
.955
'.662
.945
». 658
P. 938
19, 805 ' 19, 739 ' 19, 760 19, 704
18, 268 ' 18, 167 ' 18, 072
18, 079
r 9, 224 ' 9, 042 ' i 9, 323
9,123
461
456
'452 r ••373
r
8, 534 ' 8, 350 * 8, 479
8,368
19, 769
18, 147
9,171
459
8,441
19, 753
18, 130
11, 401
456
1
10, 475
19, 747
18, 133
8,963
448
8,231
19 730
18 144
7,951
398
7,309
19 606
17, 950
11, 045
442
1
10, 199
19, 615
17, 945
8,843
442
8,161
3 153
2,588
114
6,991
2 917
1,653
155
5,795
COTTON MANUFACTURES
Cotton cloth:
Cotton broadwoven goods over 12 inches in width,
production Quarterly A
mil of linear yd
Exports
thous of sq yd
Imports
do
Prices, wholesale:
Mill margins
- _
cents per lb_
Denim white back 28-inch 8 oz/yd cents per yd
Print cloth 39-inch, 68 x 72
do
Sheeting class B 40-inch 48 x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2 carded weaving
dol. per Ib
36/2 combed knitting
do
Spindle activity (cotton system spindles) :f A
Active spindles last working day total
thous
Consuming 100 percent cotton
do
Spindle hours operated all fibers total mil. of hr
Average per working day
do
Consuming 100 percent cotton
do
r
r
19, 887
18, 323
ill, 299
'452
r!
10, 478
r
r
r
1
1
24.40
19, 208
19 367
17, 602
17, 682
8,643 i 10, 221
409
432
7,984 i 9, 451
MANMADE FIBERS AND MANUFACTURES
Fiber production, quarterly total 9®
SILK
2 656
3,057
109
7,422
2,443
2,568
201
6,769
436.2
181 6
98.3
126.3
1 811
1,984
169
5,873
116 7
64.3
52.4
122 7
67.2
55.5
125 6
69.7
55.9
124.5
69.9
54.6
122.6
69.6
53.0
121 1
68.8
52.3
122.1
69.6
52.5
124 8
70.1
54.7
130 4
71.8
58.6
124 2
70.0
54.2
126 2
70.0
56.2
126 7
69.8
56.9
130.2
72.3
57.9
.910
.291
.910
.291
.910
.291
.910
.291
.910
.291
.910
.311
.910
.311
.910
.311
.910
.311
.838
.311
.838
.311
.838
.311
p. 838
p .311
15, 307
556, 106
358, 599
88, 621
14 515
14,396
553 586
356, 240
91, 754
12 815
14, 274
577, 543
375, 327
93, 188
13 572
12, 540
13, 006
17, 686
mil. of lb__
Staple plus tow0
do
Noncellulosic (nylon acrylic protein etc )
do
Exports* Yarns and monofilaments
thous of Ib
Staple tow and tops
do
Imports* Yarns and monofilaments
do
Staple, tow, and tops
do
Rayon and acetate:
Stocks producers' end of month total© mil of Ib
Filament yarn
do
Staple (incl. tow)©
do
Prices, rayon, viscose:
Yarn, filament, 150 denier
dol. per Ib
Staple 1 5 denier
do
Manmade broadwoven fabrics:
Production quarterly total? A thous of linear yd
Rayon and ajcetate (excl tire fabric)
do
Nylon and chiefly nylon mixtures
do
Exports piece goods
thous of sq yd
15 250
1,692
2,400
86
5,892
10, 671
1,799
1,863
382
6,244
439.8
163 8
109.6
134 7
1 599
1,902
193
5,284
1,399
2,521
331
7,307
1 680
3,123
194
5,958
445.3
173 9
113.4
133 5
2 405
1,868
134
6,499
15, 715
371.3
161.9 ~~~6~50.~8
623.7
78.9
108.5
3 282
1,811
557
570
1 322
524
231
815
808
513
553
549
755
Imports raw
thous of Ib
4.32
4 33
'4.24
P4.27
4.49
4 52
4.31
4 46
4 34
4 40
4 64
4 60
4 48
Price raw AA 20-22 denier
dol per Ib
7,611
7.675
8,155
Production, fabric, atrlv. totalA-. thous. of linear vd__
r
2
4
Revised.
*> Preliminary.
1 Data cover a 5-week period.
Ginnings to December 13.
3 Ginnings to January 16.
Total ginnings of 1957 crop.
5
6
Revised to include stocks held by warehouses not formerly reporting; data for August 1956-June 1957 are understated by an unknown amount.
Data are for month shown.
JExcludes shipments of men's slipper socks. Comparable data for January-March 1957 (units as above): 12,065; 11,712; 12,204. ^Data for April, July, and October 1957 and January
and April 1958 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles are for end of period covered.
©Estimates beginning December 1957 for men's apparel and January 1958 for women's, etc., are based on revised samples and are not strictly comparable with those for earlier months.
December 1957 men's cuttings (old basis) in order and units as above: 1,400; 140, 4,800; 1,356; 132; 252. No overlap is available for women's, etc.
©See note at bottom of p. S-38.
§Total ginnings to end of month indicated, except as noted.
9 Includes data not shown separately.
ARevisions for 1955-57 are available upon request.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1958
1957
May
April
June
1958
DecemAugust SeptemOctober November
ber
ber
July
Janu-
ary
Febru-
ary
March
April
1118, 818
7, 671
May
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis) :f
'i 25, 251
Apparel class
thous. of Ib
rl
14, 390
Carpet class
do
18, 788
Wool imports clean content
do _
8,366
\pparel class (dutiable) clean content
do
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
1.645
Territory,
fine
dol. perlb..
1.181
Fleece, 3/8 blood
_
. . do _.
1.575
Australian, 64s, 70s, good topmaking, in bond.-do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
108. 5
wholesale price J
1947-49=100
Woolen and worsted woven goods, except woven felts:
Production Quarterly total of
thous of lin yd
Apparel fabrics total
do
Other than Government orders total
do
Mien's and boys'
do
Women's and children's
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel men's and boys'
1947-49=100
Gabardine women's and children's
do
21, 558
8,274
14, 480
6,788
1.675
1.270
1.595
1.675
1.271
1.625
1.675
1.272
1.625
1.675
1.285
1.625
1.638
1.265
1.625
112.2
112.2
112.2
112.2
112.2
i 121, 281
8, 508
15,411
6,245
19,277
9,779
18,051
6,604
81, 201
77, 873
77, 105
35, 481
41, 624
117.2
97.3
18, 377 1 18, 425
9 554 i 11 938
14,722
19, 101
5 235
6 953
21, 321
9,552
15,042
7, 524
117.2
97.3
118.0
97.3
13, 751
8 180
11, 369
4 416
13, 110
7 639
11,334
4 253
1 17, 335
i 10 121
17, 731
6 659
15, 422
8 664
12, 536
5 390
15, 586
«• 8, 434
1.560
1.232
1.605
1.500
1.188
1.425
1.438
1.115
1.325
1.400
1.070
1.275
1.375
1.021
1.275
1.250
.938
1.238
1.135
.847
1.225
109.7
104 7
99 8
97.3
96.0
93.5
91.5
r
T
r
r
r
72 580
69, 113
68 210
28, 876
39, 334
118.0
97.3
118.0
97.3
118.0
100.4
118.0
100.4
2 61, 170
22 58, 460
58, 088
2 27, 270
2 30, 818
60 476
57, 262
56 587
25, 148
31, 439
115.2
100.6
115.2
100.4
1.150
.836
1. 225
115.2
103.9
114 1
103.9
114.1
103.9
114.1
97.3
TRANSPORTATION EQUIPMENT
AIRCRAFT
Manufacturers of complete types:
Aircraft, engines, propellers, parts, etc.:
Orders new (net) quarterly total
mil. of dol
Sales (net) quarterly total
do
Backlog of orders total end of quarter
do
For U S military customers cf
do
Civilian aircraft:
Shipments
thous. of dol
Airframe weight
thous of Ib
Exports (commercial and civ ilian)®cf-.. thous. of dol_
MOTOR VEHICLES
Factory sales total
- number
Coaches total
do
Domestic
_ _ _ _ _ _ _
do
Passenger cars total
do
Domestic
do
Trucks total
do
Domestic
do
Exports, totaled
_ do_
Passenger cars (new and used)d*
do
Trucks and buses
- .-do
Imports (cars, trucks, buses), total*
do...
Passenger cars (new and used)*
do
Truck trailers (incl. trailer chassis), prod
do
Complete trailers
do
Vans
.
do.
Registrations:
New passenger cars
do
New commercial cars
do
RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
_ _
numberEquipment manufacturers, total
_
do
Domestic
do
Railroad and private-line shops, domestic. -do
New orders, total cf
- - - do
Equipment manufacturers, total
do __
Domestic _ _ _
_
_ _
do
Railroad and private-line shops, domestic.do
Unfilled orders, end of month, total
_ do
Equipment manufacturers, total
do
Domestic.-.
do
Railroad and private-line shops, domestic. .do. ..
Passenger cars (equipment manufacturers) :
Shipments, total
do
Domestic _ _
_
do
Unfilled orders, end of month, total
.do _ _ _
Domestic
_
_
_ _
_
do
Association of American Railroads:
Freight cars (class !):§
Number owned or leased, end of month
thous..
Held for repairs, percent of total owned.
Locomotives (class I) :
Steam, owned or leased, end of month
thous..
Held for repairs, percent of total owned
Diesel-electric and electric:
Owned or leased, end of mo. .No. of power units..
Serviceable, end of month
__ do-_
In stalled in service (new)
do
Unfilled orders, end of month
do
Exports of locomotives, total (railroad-service and industrial types)
...-number..
1,524
3,015
16, 304
10, 558
1,075
2,948
14, 431
9,249
r
« 2, 651
« 2, 858
14 324
8,689
3,222
3,133
14 531
S, 942
r
57, 980
1,886.6
26, 141
84, 136
2,558. 0
16, 509
69, 497
2,114.0
24, 495
70, 649
2,096. 0
21, 894
62, 990
1,950.6
31, 298
54, 911
1,641. 1
19, 408
45, 687
1,456. 5
27, 753
47, 213
1,480.8
17, 647
62, 311
44, 856
1 430 8 1 909 9
22, 652
14, 340
65, 046
1 891 4
27, 971
35, 133
1 313.2
19, 535
47, 496
1 606 4
648,514
641,436
591,539
582,012
611,749
381,653
380,176
678,598
642,856
558, 520
467, 585
433, 472
396, 712 P3424,300
^ 3 235
344
322 482 *>3349 800
308, 904
73 886 v 3 74 200
56, 029
506
410
462
309
389
332
309
302
315
281
243
187
233
232
241
206
287
253
327
295
308
293
342
313
290
541, 733
526, 310
106,275
84, 410
34, 725
14, 029
20, 696
22, 262
21, 549
5,536
5,278
2,580
537, 112
522, 759
103,862
82, 930
34, 956
14, 635
20, 321
21, 536
20, 701
5,574
5,316
2,665
496, 329
484, 840
94, 821
76, 859
28, 295
10, 890
17, 405
21, 836
21, 261
5,110
4,603
2,364
484, 718
474, 635
96, 985
76, 856
24, 211
9,562
14, 649
23, 373
22, 794
4,111
3,969
2,084
521, 282
513, 290
90, 152
74, 212
27, 459
9,977
17, 482
24, 466
23, 698
5, 258
4,322
2,529
318, 279
315, 008
63, 131
51, 016
17, 987
5,611
12, 376
19, 919
19, 200
4,667
4,184
2,522
291, 064
282, 510
88, 879
73, 707
18, 053
6,273
11, 780
27, 794
26, 439
4,598
4,369
2,512
583, 783
560, 141
94, 574
78, 928
30, 324
16, 000
14, 324
26, 946
26, 174
3,974
3,631
2,018
555 242
536, 369
87 327
72, 030
34, 502
19 628
14, 874
31,319
30, 429
3,636
3,326
1,863
478 416
462, 674
79 777
64, 008
28, 752
14, 922
13, 830
37, 698
36, 762
3,560
3,274
1,746
396 221
383 516
71 056
54 020
23, 374
12 551
10, 823
30, 469
28, 944
3,316
3,064
1,700
359 464
346, 297
73 666
57, 636
27, 791
13 475
14, 316
3,513
3,283
1,602
3,704
3,459
1,691
548, 609
75, 438
556, 324
82, 308
517, 043
71, 335
543, 264
79, 117
491, 839
77, 053
495, 217
78, 156
463, 795
76, 899
408, 534
61, 920
512, 136
62, 160
381, 932
52, 368
333, 580
49, 136
400, 501
55, 450
418, 255
63, 403
9, 016
5,253
5,253
3,763
6,453
6,404
6,404
8,656
4,908
4,717
3,748
4,729
1,978
1,978
2,751
93, 217
43, 853
42, 446
49, 364
7,893
4, 832
4,685
3,061
1,058
8,500
4,947
4,897
3,553
3, 212
1,708
1,708
1,504
73, 150
32, 954
31. 785
40, 196
7,260
4,033
3 915
3,227
1,090
6,507
3,802
3,469
2,705
3,506
3,127
3,103
7,371
4,988
4, 836
2,383
5,511
3,721
3 526
1,790
6,072
4,592
4,426
1,480
5,311
3,778
3 630
1,533
1,680
66, 860
28, 602
27, 460
38, 258
379
401
375
375
26
287
208
208
79
202
201
201
1
278
178
178
100
86, 489
39, 864
38, 604
46, 625
8,887
4,716
4,587
4,171
2,852
1,082
1,068
1,770
80, 477
36, 203
34, 984
44, 274
8,328
4,850
4,817
3,478
2,208
106, 472
49, 540
48, 258
56, 932
8,961
5,261
5,183
3,700
3,714
2,360
1,892
1,354
98, 604
46, 663
45, 065
51, 941
60, 238
25, 442
24, 398
34, 796
56, 676
24,496
23, 761
32, 180
49, 370
19, 797
19, 214
29, 573
44, 138
16, 276
15, 888
27, 862
38, 249
11, 854
11, 632
26, 395
32 982
8 232
8,158
24 750
11
7
825
732
41
6
789
727
65
17
738
722
27
15
721
717
43
40
678
677
187
185
507
492
387
376
143
139
5
5
134
134
37
37
97
97
39
39
80
80
18
18
67
67
10
10
63
57
63
57
1,724
1,727
1,730
1,731
1,735
1,739
1,742
1,745
1,747
1,749
1,750
58
1,752
49
4.4
3
4.5
3
4.5
3
782
782
276
4.9
3
5.0
3
4.9
528
522
4.9
977
957
113
5.0
5.1
5.4
6.1
17.5
18.2
18.3
18.1
17.4
3
3
3
2
17.7
2
22.2
21.5
2
2
21.0
23.6
25 3
26.9
27, 234
26, 123
27, 383
26, 423
27, 453
26, 400
27, 548
26, 462
27, 602
26, 580
27, 670
26, 569
27, 695
26, 702
27, 859
26, 773
27, 932
26, 827
28, 047
26, 989
28, 093
26, 811
28, 134
26, 865
49
80
114
693
64
119
582
37
125
462
62
112
395
55
73
320
50
99
296
51
56
295
69
160
488
81
443
68
68
120
323
68
50
273
o
o
1,751
6 6
67
206
r
3
2
Revised.
» Preliminary.
"Corrected.
1 Data cover a 5-week period.
Revised 1st quarter 1957 (units and order as above): 73,787; 70,701; 69,001; 34,836; 34,165.
Preliminary estimate of production.
IData for April, July, and October 1957 and January and April 1958 cover 5-week periods; other months cover 4 weeks. cPRevisions for 1955 (freight-car orders) and 1956 will be shown late
tBeginning with the March 1958 SURVEY, the price is expressed as an index, 1947-49=100. Monthly data for 1947-56 are shown at the bottom of p. S-38 of the March 1958 SURVEY.
©Data beginning January 1958 exclude exports of new cargo transports, included in earlier data. In 1957, such exports were valued at $1.4 million.
* New series (from Bureau of the Census). Data cover complete units, chassis, and bodies.
§ Excludes railroad-owned private refrigerator cars.
U . S . G O V E R N M E N T P R I N T I N G O F F I C E : 1958
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Sections, by general subject:
General business indicators
1-5
Commodity prices
5-7
Construction and real estate
7,8
Domestic trade
8-11
Employment and population
11-15
Finance
16-20
International transactions of the U. S
21, 22
Transportation and communications
23, 24
Chemicals and allied products
24-26
Electric power and gas
26,27
Foodstuffs and tobacco
27-30
Leather and products
30, 31
Lumber and manufactures
31,32
Metals and manufactures
32-34
Petroleum, coal, and products
35,36
Pulp, paper, and printing
36,37
Rubber and rubber products
37, 38
Stone, clay, and glass products
38
Textile products
39,40
Transportation equipment
40
Advertising
8, 9
Agricultural employment
11
Agricultural loans and foreign trade
16,17, 21, 22
Aircraft and parts
2,12, 13,14,15, 40
Airline operations
23
Alcohol, denatured and ethyl
24
Alcoholic beverages
2, 6, 8, 27
Aluminum
33
Apparel
2, 3, 6, 8, 9,10,12,13,14,15, 39
Asphalt and asphalt and tar products
36
Automobiles
2,3, 8, 9,12,13,14,15,16,17, 22, 40
Bakery products
2,12,13,14,15
Balance of payments
21
Banking
14, 16
Barley
28
Barrels and drums
32
Battery shipments
34
Beef and veal
29
Beverages
2, 6, 8,12,13,14,15, 27
Blast furnaces, steel works, etc
12,14,15
Blowers and fans
34
Bonds, outstanding, issued, prices, sales,
yields
17,18,19, 20
Book publication
37
Brass and bronze
33
Brick
38
Brokers' loans and balances
16, 19
Building and construction materials
8, 9,10
Building costs
8
Business incorporations (new), failures
5
Business sales and inventories
3
Butter
27
Cans (metal), closures, crowns
32
Carloadings
23
Cattle and calves
29
Cement and concrete products
6, 38
Cereal and bakery products
6, 12, 13,14, 15
Chain-store sales, firms with 4 or more and 11
or more stores
10
Cheese
27
Chemicals
2, 3,4, 6,12,13,14,15,19, 22, 24
Cigarettes and cigars
6,30
Civilian employees, Federal
12
Clay products
6, 38
Coal_
_ 3, 6,11,13,14,15, 22, 23, 35
Cocoa
_
22, 29
Coffee
_
_
_ - _ 22,30
Coke
23,35
Communications.-.
11,13,14,15,19, 20, 24
Confectionery, sales
29
Construction:
Contract awards
7
Costs
_
8
Dwelling units
7
Employment, hours, earnings, wage rates..
11,
13,14,15
Highways and roads
7,8,15
New construction, dollar value
1,7
Consumer credit
16,17
Consumer durables output, index
3
Consumer expenditures
1, 9
Consumer price index
6
Copper
22,33
Corn
28
Cost-of-living (see Consumer price index)
6
Cotton, raw and manufactures
2, 5, 6, 22, 39
Cottonseed, cake and meal, oil
25
Credit, short- and intermediate-term
16, 17
Crops
2, 5, 25, 26, 28, 30, 39
Crude oil and natural gas
3, 11, 13, 14, 15
Currency in circulation
18
Dairy products
2, 5, 6,12,13,14,15, 27
Debits, bank
16
Debt, United States Government
17
Department stores
9,10,11,17
Deposits, bank
16,18
Disputes, industrial
13
Distilled spirits.
_
27
Dividend payments, rates, and yields
1,19, 20
Drug-store sales
9,10
Dwelling units, new
7
Earnings, weekly and hourly
14,15
Eating and drinking places
9,10
Eggs and poultry
_
2, 5, 29
Electric power
6, 26
Electrical mach. and equip. 2,3,6,12,13,14,15,19,22,34
Employment estimates and indexes
11,12
Employment Service activities
13
Engineering construction
7, 8
Expenditures, United States Government
17
Explosives
25
Exports (see also individual commodities)
21, 22
Express
operations
23
Pages marked S
Failures, industrial and commercial
5
Farm income, marketings, and prices
1, 2, 5, 6
Farm wages
15
Fats and oils, greases
6, 25, 26
Federal business-type activities
17
Federal Government
finance
17
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks
16
Fertilizers
6, 25
Fire losses
8
Fish oils and
fish
25, 30
Flaxseed
25
Flooring
31
Flour, wheat
29
Food products
2,3,4,5,
6, 8, 9,10,12,13,14,15,19, 22, 27, 28, 29, 30
Foreclosures, real estate
8
Foreign trade
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
6,35,36
Furnaces
34
Furniture
2,3,6,9,10,12,14,15,17
Furs
22
Gas, prices, customers, sales, revenues
6, 26, 27
Gasoline
9,36
Glass products
38
Generators and motors
... 34
Glycerin
24
Gold
18,21
Grains and products
5, 6, 22, 23, 28, 29
Grocery stores
9,10
Gross national product
1
Gross private domestic investment
1
Gypsum and products
6, 38
Hardware stores
9
Heating apparatus
6, 34
Hides and skins
6, 22, 30
Highways and roads
7, 8,15
Hogs
29
Home Loan banks, loans outstanding
8
Home mortgages
8
Hosiery
39
Hotels
11, 13, 14, 15, 24
Hours of work per week
12,13
Housefurnishings
6, 8, 9, 10
Household appliances and radios
3, 6, 9, 34
Imports (see also individual commodities)
21, 22
Income, personal
1
Income and employment tax receipts
17
Industrial production indexes
2,3
Installment credit
16, 17
Installment sales, department stores
10
Instruments and related products. 2, 3,12,13,14,15
Insulating materials
34
Insurance, life
18
Interest and money rates
16
Inventories, manufacturers' and trade
3, 4,10,11
Iron and steel, crude and manufactures
2,
6,8,12,14,15,19,22,32,33
Kerosene
35
Labor disputes, turnover
13,14
Labor force
11
Lamb and mutton
29
Lard
29
Lead
33
Leather and products
2,
3,6,12,13,14,15,30,31
Linseed oil
26
Livestock
2, 5, 6, 23, 29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
8,16,17,19
Locomotives
40
Lubricants
36
Lumber and products
2,
3,4, 6, 8, 9,10,12,14,15,19, 31, 32
Machine tools
34
Machinery
2, 3,4, 5, 6,12,13,14,15,19, 22, 34
Mail-order houses, sales
11
Manmade fibers and manufactures
6, 39
Manufacturers' sales, inventories, orders
3, 4, 5
Manufacturing production indexes
2,3
Manufacturing employment, production workers, payrolls, hours, earnings
11,12, 13,14, 15
Margarine
26
Meats and meat packing
2, 5, 6,12,13,14,15, 29
Medical and personal care
6
Metals
2, 3, 4, 5, 6,11,12,13,14,15,19, 32, 33
Milk
27
Mining and minerals
2,3,11,13,14,15,19, 20
Monetary statistics
18
Money supply
18
Mortgage loans
8,16,18
Motor carriers
23
Motor fuel
36
Motor vehicles
6, 9,19, 40
Motors, electrical
34
National income and product
1
National parks, visitors
24
National security expenditures
1,17
Newsprint
22, 37
New York Stock Exchange, selected data
19, 20
Nonferrous metals
2, 6,12,14,15,19, 22,33
Noninstallment credit
17
Oats.
28
Oil burners
34
Oils and fats, greases
6, 25, 26
Orders, new and unfilled, manufacturers'_.._.
5
Ordnance
12,14,15
Pages marked S
Paint and paint materials
6, 26
Panama Canal traffic
23
Paper and products and pulp
2,
3, 4, 6,12,13,14,15,19, 36,37
Passports issued
24
Payrolls, indexes
12
Personal consumption expenditures
1,9
Personal income
1
Personal saving and disposable income
1
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
1,19
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 cpnvectors
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 acetate
39
Real estate
8,16
Receipts, United States Government
17
Recreation
6
Refrigeration appliances, output
34
Rents (housing)
6, 9
Retail trade, all retail stores, firms with 4 or
more and 11 or more stores, general merchandise, department stores. 3, 5, 9,10,11,13,14,15,17
Rice
28
Roofing and siding, asphalt
36
Rubber and products
2,
3, 4, 6, 12, 13, 14, 15, 22, 37, 38
Rye
28
Saving, personal
1
Savings deposits
16
Securities issued
19
Services
1, 9,11,13,14,15
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, production
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
11
Stocks, dividends, prices, yields, earnings,
sales, listings
20
Stone and earth minerals
3
Stoves
34
Sugar
22,30
Sulfur
_
25
Sulfuric acid..
24
Superphosphate
25
Tea imports
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,13,14,15, 20, 24
Television and radio
3, 6, 8, 34
Textiles and products
_
2,
3, 4, 6,12,13,14, 15,19, 22, 39, 40
Tin
22,33
Tires and inner tubes
6, 9,10, 12, 13,14,15, 38
Tobacco and manufactures
2,
3, 4, 5, 6, 8,12, 13, 14,15, 22, 30
Tools, machine
34
Tractors. _.
22,34
Trade, retail and wholesale
3.
5, 9,10,11,13,14,15,17, 20
Transit lines, local
23
Transportation and transportation equipment
2,3,4,5,6,9,
10, 11, 12,13, 14, 15, 19, 22, 23, 24, 40
Travel
24
Truck trailers
40
Trucks
2, 34, 40
Unemployment and compensation
11,13
United States Government bonds.. 16,17,18,19, 20
United States Government
finance
17
Utilities
2, 6, 7,11,13,14,15,19, 20, 26, 27
Vacuum cleaners
34
Variety stores.9,10
Vegetable oils
25, 26
Vegetables and fruits.
_
_ 5, 6, 22, 28
Vessels cleared in foreign trade
23
Veterans' benefits
13,17
Wages and salaries
1,14,15
Washers
34
Water heaters
_
_.
34
Wheat and wheat
flour
28, 29
Wholesale price indexes
6
Wholesale trade
_ 3, 5,11,13,14,15
Wood pulp
36
Wool and wool manufactures
2, 5, 6, 22, 40
33
Zinc.
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Survey of Current Business
Volume 38
Numbers 1-6
First-Half 1958 Index
of Special Articles and Features
SPECIAL ARTICLES
No.
1
Page
7
Economic Progress and Adjustment—A Review of 1957.
2
1
National Income and Product in 1957
2
4
Production—Distribution and Prices
2
14
Foreign Business Investment
2
25
The 1958 Business Expectations Survey
3
7
Foreign Trade and Domestic Business
No.
Poge
Readjustments Mark Balance of Payments in Fourth Quarter
1957
3
13
Consumer Buying—A Review of Recent Developments...
4
5
Si?e Distribution of Personal Income
4
10
Foreign Assistance in 1957
4
20
Shifting Pattern of Debt in 1957-58
5
9
Record Flow of Travel Dollars Abroad
6
15
FEATURES
.No.
National Income and Corporate Profits in 1957
1
Page
3
Growth in Operating Business Concerns in First Half of
1957
1
6
Business Sales and Inventories
3
3
Employment and Earnings
3
5
Production Developments
4
3
No.
Trend of Economic Activity—First Quarter National In*
come and Product
5
Market and Inventory Trends
6
Agricultural Income Higher
6
1958 Investment Programs of Business
6
Foreign Trade Decline Reflected in First Quarter Balance of
Payments
6
Page
4
2
5
6
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