Full text of Survey of Current Business : June 1959
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JUNE
ism
U.S.
DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1959
SURVEY
OF
CURRENT
BUSINESS
No.
JUNE 1959
U.S. DEPARTMENT OF COMMERCE
FIELD SERVICE
Albuquerque, N. Mex,
321 Post Office Bldg,
CHapel 7-0311
Memphis 3, Tenn.
22 North Front St.
JAckson 6-3426
Atlanta 3, Ga,
66 Luckie St. NW,
JAckson 2-4121
Miami 32, Fla.
300 NE. First Ave.
FRanklin 9-5431
Boston 9, Mass.
U. S. Post Office and
Courthouse Bldg.
Liberty 2-5600
Buffalo 3, N.Y.
117 EUicott St.
MAdison 4216
L^ontents
PAGE
THE BUSINESS SITUATION
Summary Review
*
**
Capital Investment Expands* , , , , , . . , * .
*
1
,
3
Charleston 4, S.C.
Area 2,
Sergeant Jasper Bldg,
RAymond 2-7771
Cheyenne, Wyo,
207 Majestic Bldg.
Tel. 8-8931
Chicago 6, 111.
226 W. Jackson Blvd.
ANdover 3-3600
*
Cincinnati 2, Ohio
36 E. 4th St.
DUnbar 1-2200
SPECIAL ARTICLES
Review of Transportation Trends,.....*,,,,,
5
Expansion of Foreign Travel
9
,.,...,
Adverse Balance in Foreign Payments... ;v;.....'........ 15
*
MONTHLY BUSINESS STATISTICS
Statistical Index
Cleveland 1, Ohio
E. 6th St. & Superior
Ave.
CHerry 1-7900
Dallas 1, Tex.
500 South Ervay St.
Riverside 8-5611
Denver 2, Colo.
19th & Stout St.
KEystone 4-4151
*
S-l to S-40
Inside back cover
Detroit 26, Mich.
438 Federal Bldg.
WOodward 3-9330
Greensboro, N.C.
407 U.S. Post Office
Bldg.
BRoadway 3-8234
Houston 2, Tex.
405 Main St.
CApitol 2-7201
Published monthly by the U.S. Department of Commerce, LEWIS L. STRAUSS,
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Jacksonville 1, Fla.
311 W. Monroe St.
ELgin 4-7111
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2d Ave. South and
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FEderal 2-3244
New Orleans 12, La.
333 St. Charles Ave.
EXprea32411
New York 1, N.Y.
350 Fifth Ave.
LOngacre 3-3377
Philadelphia 7, Pa.
1015 Chestnut St.
WAlnut 3-2400
Phoenix, Ariz.
137 N. Second Ave.
ALpine 8-5851
Pittsburgh 22, Pa.
107 Sixth St.
GRant 1-5370
Portland 4, Oreg.
520 SW. Morrison St.
CApitol 6-3361
Reno, Nev.
1479 Wells Ave.
Tel. 2-7133
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llth and Main St.
Milton 4-9471
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1114 Market St.
MAin 1-8100
Salt Lake City 1, Utah
222 SW. Temple St.
EMpire 4-2552
San Francisco 11, Calif.
555 Battery St.
YUkon 6-3111
Kansas City 6, Mo.
911 Walnut St.
BAltimore 1-7000
Savannah, Ga.
125-29 Bull St.
ADams 2-4755
Los Angeles 15, Calif.
1031 S. Broadway
Richmond 9-4711
Seattle 4, Wash.
909 First Ave.
MUtual 2-3300
JUNE 1959
By the Office of Business Economics
Plant and Equipment
Outlays are scheduled to rise
Billion Dollars
• 50 •
TOTAL
40
30
20
10
1957
1958
1959
1959"
Quarterly Totals, Seasonally
Adjusted, at Annual Rates
Third quarter programs in most industries
are above a year ago
Index, 3rd Qfr. 1957 = 100
120
Commercial
Public Utilities
100
80
-
60
40
20
1957
1958
1959*
THIRD
-
1957
U. S. Department of Commerce, Office of Business Economics
Income supplemented by credit
1958
1959*
QUARTER
* Anticipated
J. HE ECONOMY is still moving forward under considerable momentum, with most of the major indicators for
May pointing higher. Orders have spurted, and income,
output, and employment will all register substantial gains
in the second quarter.
Consumer purchasing is on the rise, facilitated by a
marked expansion in the use of consumer credit, with automobile dealers' sales experiencing a strong spring pickup.
Also, as charted at the left and discussed in a following section, the capital goods market is improving, with evidence
of a larger volume of plant and equipment investment ahead.
Personal income at a $376 billion annual rate in May recorded another sizable advance and is now 7 percent above
a year ago. Recent gains reflect mostly increases in payrolls associated with further expansion in employment and
weekly earnings.
The recent increase in production lias gone to meet the rise
in final demand and to round out inventories to service the
resultant better sales volume. In the first 4 months of this
year, the book value of business inventories increased by $2
billion, lifting the total to over $S7 billion, seasonally" adjusted, about the same as holdings a year ago around the low
point of the recession. Although the April inventory accumulation was at a rate somewhat above that of the first
quarter, the rise no more than matched the advance in sales,
leaving the April inventory-sales ratio for manufacturing
and trade as a whole at 1.4, considerably below the ratio for
the same month of both 1957 and 1958.
This conservative inventory position is general among
major industry groups in both manufacturing and trade,
Notwithstanding recent increases, the value of aggregate
business inventories held at the end of April was no larger
than the total on hand a year ago, whereas April business
sales were 15 percent higher. In steel, the high rate of ordering and output has to some extent represented hedging
against a possible work interruption.
Advance data for May indicate that sales of all retail
stores, seasonally adjusted, rose nearly 2 percent from April
and 10 percent above May 1958. The increase over the
April sales volume was very largely attributable to heavier
buying of nondurables as consumers increased their purchases over a broad range of goods. Sales at durable goods
stores were maintained at the improved April rate.
Data: SEC a QBE
59-6-1
Rising business activity is being fueled not only by higher
incomes but also by increased use of borrowed funds. In
the 6 months^ ending April 1959, consumers supplemented
their current income by a net seasonally adjusted extension
of installment credit of nearly $2 billion, of which about
one-half was in automobile paper. In addition to expanded
SURVEY OF CURRENT BUSINESS
use of short-term credit, individuals have stepped up their
mortgage borrowing with government-assisted financing
continuing as an important source of funds. The Federal
National Mortgage Association recently lowered its purchase
price on mortgages by one percentage point. The volume
of mortgages offered FNMA had shown a sharp rise prior
to the reduction in the purchase price.
Business borrowing has also moved forward in line with
increased working capital requirements. The industries
which were most active in executing credit reduction programs in early 1958 are currently prominent in the expansion of loan demands.
Manufacturing Production Recovers Strongly
Index, 1947-49 = 100
180
Durables
160
140
120
"•/**
*
Nondurab/es
100
80
1953
1954
1955
1956 1957
1958
1959
Seasonally Adjusted
Data: F R 3
U. S. Department of Commerce, Office of Business Ecc
59-6-2
Interest rates have been advanced, with the Federal Reserve raising the discount rate by one-half of a percentage
point in several regions; the new rate of 3% percent was
again back to the previous postwar high reached in August
1057.
Employment rising
A marked rise in employment was recorded in May, extending the strong spring advance. May employment in
non agricultural establishments of 52 million, seasonally adjusted, was nearly 2 million above the recession low in April
11)58. A large part of the recent gain occurred in manufacturing, particularly in the durable goods industries. The
strengthening in durable goods production has resulted in a
reduction in pockets of substantial unemployment that had
persisted in some industrial centers.
Employment recovery has been more spectacular in the
commodity producing industries largely because their de
June in:
clines were much more severe in the recent recession tha
in the noncommodity producing industries. In these latte
industries, however, the steady advance has lifted aggregat
employment above not only year-ago figures but also t!i
highs registered in the 1956-57 boom.
Output high
The recovery of industrial production, now about a yea
old, is continuing. The Federal Reserve Index reached
high of 152 (19-17-49-100) in May, 7 percent above Be
cember 1958 and -1 percent above its previous high of Fel
ruary 1957. The increase of nearly one-fifth over the yea
was one of the largest for a 12-month period.
A notable feature in recent months has been the accel
erated output of durable goods. The steel industry ha
been producing a record tonnage since March in res^pons
to heavy demand for immediate consumption and fo
inventories.
With the spring pickup in demand, assemblies of i^
passenger cars and trucks have been pushed upward. Ma;
completions, after adjustment for seasonal influences, wer
substantially above the previous month and more than one
half larger than in May 1958.
Producers of most building materials are maintaining
high-level operations. More recently, in consequence of th
improvement of capital goods demand, a further stimulus t<
manufacturing output is coming from the machinery in
dustry which produces the bulk of producers' equipment
Machine tool orders are now in enlarged volume and an
improving steadily.
Output of nondurable manufactures continues steady a
>eak rates. The Federal Reserve Index readied 143 in Ma?
>y which time recovery had lifted output one-seventh abov<
the 1958 recession low. Most industry groups are currenth
operating at new high. Production in the rubber indus
try reached record proportions before being curtailed ii
April because of work stoppages. Textile manufacturing
has shown a substantial rise over the year and is now virtually the highest since 1950.
New construction remains active. Through May of this
year, work put in place has been one-eighth above the corresponding period of 1958. Housing activity in April anc
May held even with the first quarter after allowance forth*
usual seasonal rise. Despite some tightening in the monej
market, mortgage financing remains high and new housing
starts are reported in the range of 1.3 to 1.4 million units
on a seasonally adjusted annual rate basis.
Public construction has been running well above a yeai
ago. Most types of such construction, other than schools,
have increased.
Current position
The advance in business has now been underway for a
year or more, and the rise has maintained its momentum as
it has spread over an ever-widening circle. Recent months
have brought substantial progress, with the initial lagging
segments—e.g., business investment and auto sales—now reflecting the stimulus afforded by the general cyclical rise.
One source of demand, export trade, has not given evidence
of a renewed forward move. This lagging tendency, with
the resultant movement of gold and dollars to foreign accounts, is discussed in one of the regular features of this
number—the review of the U.S. balance of international
payments.
Capital Investment Expands
^SINESS expects to spend $32% billion on new plant
and equipment in 1959, about 7 percent more than in 1958
and 12 percent less than was spent in the record year 1957.
The amount scheduled for the full year—based on reports
tiled by businessmen in late April and May—is somewhat
higher than the total reported in the annual survey conducted 3 months ago. Public utilities and manufacturers
of nondurable goods plan lower investments, but the other
major groups have raised theirs above those earlier
anticipated.
Actual spending in the first quarter was at a seasonally
adjusted annual rate of $00% billion, about $1 billion above
the third quarter 1958 low. Expenditures are now expected
to rise to a rate of $32% billion in the second quarter and
to about $33% billion in the third quarter. The survey
results imply a further advance in the closing months of the
year.
The main difference between the survey conducted 3
mouths ago and the current one lies in some indicated stepup in anticipations for the latter 6 months of the year. The
March survey implied a $32 billion annual rate of investment in the second half, whereas now the figure for the
corresponding period is estimated at $33% billion.
Most of the major industry groups expect seasonally adjusted investment to rise in the second and third quarters,
paced by advances in manufacturing and transportation.
The other industry groups expect to maintain or increase
their outlays in this period.
Manufacturers increase outlays
Manufacturing companies expect to spend over $12 billion
this year. 8 percent more than in 1958. The current annual
anticipation does not differ much from the figure reported in
the survey conducted earlier this year. It reflects an upward
adjustment by durable-goods producers and a slight scaling
down by soft-goods manufacturers.
Durable-goods manufacturers expect a steady increase
through 1959 from the low point reached in the final quarter
of 1958. The annual rate scheduled for the third quarter
of 1959 is 30 percent higher than late last year, but is still
considerably below the peak of the second quarter of 1957.
Even though steel output is being influenced by heavy
stockpiling, a number of steel companies have recently announced major new construction plans with the emphasis
on modernization and cost-cutting. Steel companies now
expect a 7 percent rise in spending over 1958, with a steadily
rising rate through 1959. Nonferrous metals companies
show little change, at a level about one-fifth below 1958.
The other durable-goods industries expect a rise through the
third quarter.
Nondurable-goods manufacturers as a group are projecting a somewhat slower rise through the year than are
durable-goods producers. These industries were less af
fected by the recent recession than were durables arid as a
group reduced spending somewhat less from the 1957 peak.
The anticipated seasonally adjusted annual rate of expenditure of $6% billion scheduled for the third quarter is about
15 percent above the low point in the second half of 1958.
The recovery as indicated in the quarterly figures is
marked in the case of textiles and paper. The chemicals
industry has a reduced program for 1959 as a whole, although the projected movement within 1959 is upward.
Petroleum companies have scaled back their earlier reported programs—possibly under the influence of the recent
accumulation of stocks; the full year total is expected to be
about 8 percent higher than 1958.
Utilities pare programs
The public utilities are now planning to invest about 3
percent less than in 1958—a slackening from what was expected 3 months ago when a small rise was anticipated. A
slight decrease from early programs has been made by the
electric utilities and a larger one by the gas group. The
latter now expects a rise and the former a decline as compared with the full year 1958.
The downward adjustments in the latest annual programs
of electric utilities from those last reported may simply reflect a closer estimate of construction costs rather than the
elimination of specific projects. The reduction in the programs of gas companies is attributable to the lowering of
the sights of a few large pipeline companies.
Rising carloadings and profits have enabled the railroads
to renew their ordering of equipment and they now project
1959 capital outlays of $870 million or 15 percent above 1958.
New equipment for airlines
The large jet programs of the airlines continue to dominate investment by the nonrail transportation group. Annual programs are about the same as reported last time but
the quarterly pattern
is somewhat different—first quarter
deliveries were belowT schedules but a sharp rise is anticipated
in the second quarter and lesser increases thereafter.
Oil pipeline companies expect a rise in capital expenditures following the first quarter of this year after an extremely sharp cutback from late 1957. Marine companies
have projected a very large investment advance over 1958.
Trucking companies investment is also undergoing a
marked recovery from the recession low point of last spring
and summer.
Spending by communications firms is expected to rise after
the first quarter following 2 years of decline. Construction
contractors are increasing their equipment purchases over
last year, influenced by the high rate of overall construction
activity. Retail trade companies are also expanding store
modernization programs and plans for new shopping centers.
3
SUBVEY OF CUEBENT BUSINESS
June 19.~r
Table 1.—Expenditures on New Plant and Equipment by U.S. Business,1 1956-59
[Millions of dollars]
1958
1956
1959
1958
1957
Apr.June
Jan.Mar.
Manufacturing-
1959
2
JulySept.
Jan.Mar.
Oct.Dec.
|
i
Apr.June -
JulvSept.3
14,954
15,959
11,433
12, 395
2,898
2, 939
2,664
2,932
2,456
3,056
3, 151
Durable goods industries
Primary iron and steel
Primary nonferrous metals
Electrical machinery and equipment
Machinery, except electrical
Motor vehicles and equipment.
.
Transportation equipment, excluding motor vehicles
Stone clay and glass3products
Other durable goods
7,623
1, 268
412
603
1.078
1,689
8,022
1,722
814
599
1,275
1,058
5,469
1. 192
441
459
915
558
6,012
1.281
352
496
949
640
1.441
315
151
106
255
143
1.395
324
107
116
234
155
1,257
285
87
104
201
137
1,376
268
96
133
225
123
1,144
208
71
91
179
120
1,452
290
90
124
215
158
1,549
335
H4
127
245
183
440
686
1,447
544
572
1,438
370
399
1, 135
401
511
1. 382
93
102
276
89
101
269
88
84
271
100
112
319
82
113
280
94
136
345
105
122
348
Nondurable goods industries
Food and beverages
.
Textile-mill products
Paper and allied products _ _
_ . ..
Chemicals and allied products
Petroleum and coal products
Rubber products __
__ _ _
Other nondurable goods *
7,331
799
465
801
1,455
3,135
201
475
7,937
850
408
811
1,724
3, 453
200
491
5,964
742
288
578
1,320
2,431
134
471
6,383
832
387
593
1,262
2,621
185
503
1,457
170
73
141
340
587
37
109
1.544
202
69
146
352
629
30
116
1,407
183
66
151
304
554
32
117
1.556
187
80
140
324
661
35
129
1.312
185
78
124
260
518
35
112
1,604
227
100
150
324
631
49
123
1.602
201
102
157
314
657
4S
123
IVtining
1,241
1,243
941
982
225
239
223
254
213
266
245
Railroads
1,231
1,396
754
867
256
202
140
156
159
258
236
Transportation other than rail
1,712
1,771
1,500
1,986
398
369
320
413
408
538
498
Public utilities
4,895
6, 195
6,088
5.891
1,227
1,511
1,633
1.717
1.199
1,498
1,576
2,684
3,032
2,615
8,364
7,366
2. 470
7,195
2,665
2, 613
35, 081
36, 962
30. 526
-
Communications
Commercial and other
5
Total
-
|
1
659 683
603
670
1, 662
1,818
1. 844
1,871
7,325
7,761
7,427
8.013
6.905
8,281
8 319
10, 444
1
1
32, 565
Seasonally Adjusted at Annual Rates
[Billions of dollars]
Manufacturing
13.20
11.53
10.86
10.58
11.20
11.95 j
12.82
Durable goods industries 0
Primary iron and steel
Primary nonferrous metals
Electrical machinery and equipment
IVIachinery except electrical
Motor vehicles and equipment
Transportation equipment, excluding motor vehicles
6.58
1.52
.68
.52
1.11
.66
5.57
1.27
.44
.47
.96
.63
5.16
1.20
.35
.43
.84
.52
4.86
.90
.34
.44
.79
.46
5.26
1.02
.32
.44
.79
. 56
5.75
1.14
.37 ;
.50 i
.88 i
.61
6.31
1.38
.34
.52
1.01
. 70
.43
.36
.35
.36
. 38
. 37
Nondurable goods industries ^
Food and beverages
Textile-mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
6.62
.71
.30
.63
1.51
2.86
5.96
.76
.26
.58
1. 38
2.42
5.70
.76
.29
.59
1.27
2.17
5.72
.75
.30
.52
1.17
2.36
5.94
. 77
. 32
. 55
1.14
2.53
6,20
. 85
. 37
. 60
1.26
2.45
JVIining
1.00
.92
.88
.97
. 95
1. 02
. 97
Railroads
1.02
.63
.58
.63
.99
1.07
2.06
. 42
;
!
I
i
6.51
. 83
. 45
. 62
1.32
2.58
Transportation other than rail
1.69
1.40
1.29
1.62
1.71
2.06
Public utilities
5.87
5.97
6.10
6.26
5. 80
5. 91
5. 94
9.63
9.73
9.85
9.96
10.33
10.36 ;
10.53
30.32
29.61
29. 97
30. 62
32. 29
33. 39
Total
32.41
i
1. Data exclude expenditures of agricultural business and outlays charged to current account.
2. Estimates for the year 1959 are based on actual capital expenditures for the JanuaryMarch quarter and anticipated capital expenditures for the remaining quarters of the year.
These data were reported by business in late April and May 1959. The anticipated data have
been adjusted when necessary for systematic tendencies. See technical note at end of text.
3. Includes fabricated metal products, lumber products, furniture and fixtures, instruments, ordnance, and miscellaneous manufactures.
4. Includes apparel and related products, tobacco, leather and leather products, and printing and publishing.
.
5. Includes trade, service, finance, and construction. Figures for 1959 and seasonally
adjusted data also include communications.
6. Includes industries not shown separately.
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
Exchange Commission.
Technical Note
Attention is directed to a new method of presentation of the anticipated
quarterly expenditures in the top part of table 1. Experience with the
quarterly surveys has shown that some businessmen, in reporting 1 their quarterly anticipations, do not fully make allowances for a number of factors such
as weather and accounting adjustments. As a result, anticipations for particular quarters have exhibited recurrent over- or under-statements with
respect to actual expenditures as later reported. Because of the systematic
character of these tendencies we have endeavored to make adjustments in the
quarterly anticipations to improve the usefulness of the series.
In each industry the amount of adjustment to the anticipation for a given
quarter of the year is determined by selecting the median percentage deviation
between actual and anticipated expenditures for this particular quarter over
the postwar period. In the current survey the overall effect has been to lower
the reported anticipations for the second quarter of 1959 by about 3 percent
and the third quarter by about 1 percent.
This adjustment was first incorporated in the seasonally adjusted anticipations in 1952. Starting with the December 1958 SURVEY, the unadjusted estimates shown in the top part of table. 1 also incorporate these adjustments for
systematic tendencies in the anticipatory data. The seasonally adjusted series
(bottom part of table 1) is derived by applying conventional seasonal factors
to the estimates shown at. the top.
by L. Jay Atkinson and David J. Hyams
Review of Transportation Trends
T,
IE TOTAL intercity ton-miles of freight moved in the
United States by all carriers varies with total commodity
production (obtained by subtracting services from the total
GXP). Although the (effective) weighting of the two series
differs, the volume of commodities produced and transported has shown essentially similar annual changes throughout the period from 1929 to date.
In addition to being closely related, the two series show
about the same relative fluctuations from year to year.1 Between 1929 and 1958, each of the series doubles. The average annual rate of increase for commodity output and
transport is about 3 percent.
years, variations in annual rail ton-miles have been rather
closely related to two broad factors. The first is the effect
of changes in commodity output (goods and construction).
Rail ton-miles have shown somewhat larger relative fluctii-
Intercity Ton-Miles by All Carriers
Shifts in proportions carried
Percent
100
Changes in traffic
During the past 30 years the portion of total commodity
transport carried by rail has declined as each of the other
major types of transport has developed (see accompanying
chart). In the late 1920's, about three-fourths of total interc i t y ton-miles was by rail. Since then the proportion has
decreased except in the war years when there was a significant interruption. The proportion has now dropped below
half.
Among the other carriers, trucks have made the largest
relative gains, rising from 3 percent in 1929 to 10 percent in
1940. After a decline during the war, trucks were again
hauling 10 percent by 1947 and 20 percent by 1958. It
should be noted that in terms of revenue the share is more,
since on the basis of the receipts of ICC-regulated highway
carriers—which perform about one-third of all ton-miles—•
revenue obtained per ton-mile is four times the average for
railroads.
Pipeline transport has shown a rise that is only slightly
less than the increase in truck movement and at present
accounts for nearly as high a proportion of ton-miles. Since
the pipeline movement consists of petroleum and products,
the impact upon rail traffic is more indirect, chiefly through
the competition of petroleum fuels and natural gas—which
were never moved in mass by rail—with coal.
Water transport has shown little variation in its ratio to
total ton-miles. This reflects a combination of rather stable
Great Lakes traffic (chiefly ore, coal, and limestone), and a
rapidly growing volume of traffic on other waterways which
has made significant diversions of traffic from rail movement. The St. Lawrence Seaway was opened to traffic in
the spring of 1959, providing a more efficient all-water route
from Lake ports to foreign markets. It is expected to make
a significant increment to the ton-mileage performed on the
Great Lakes system.
For the period from the 1920's to date, excluding the war
1
A least squares regression \vas fitted for the years 1929-1941 and 19471957. The equation is Y = 3.1,81 X1-0836 where Y = total intercity freight traffic
in billions of ton-miles and X —output of 2goods and construction in billions
of 1954 dollars. Coefficient of correlation R r=0.986.
NOTE.—MR. ATKINSON IS ASSISTANT CHIEF, AND MR. HYAMS IS
A MEMBER OP THE CURRENT BUSINESS ANALYSIS DIVISION, OFFICE
L)F BUSINESS ECONOMICS.
75
50
25
1925
30
35
40
45
50
55
60
Data: ICC, Corps of Engineers ,8 AAR
U. S. Department of Commerce, Office of Bu; ness Economics
59-6-6
ations than commodity output (partly the result of a different weight ing of the two measures). In addition, rail traffic also has been affected by the competitive efforts of other
transportation forms, a factor producing a persistent downward trend, interrupted only during World War II.2
Analysis of movement by commodities
For the postwar period, the railroads show important
variations both in relation to (a) commodities hauled and (6)
regional influences.
Coal is the number one product hauled by rail both in
- A least squares regression was fitted for the years 1922-1940 and 194(>15)57. The equation for the relationship is: Y —1.528 X L1"^ 0.991 * where
Yrz billions of rail revenue freight ton-miles. X = output of goods and construction in billions of 1954 dollars and t = 2 (year —1989 # > ) . Coefficient of correlation R2 —0.941.
SURVEY OF CURRENT BUSINESS
terms of weight and of revenue. (It is tlie principal business of the Pocahontas roads and a major revenue producer
in Eastern and Southern territories.) Coal transport has
been a relatively constant proportion of rail traffic for the
past three decades. It is distinctive in that the rails have
had little direct diversion of traffic to other carriers.
In 1957, about 10 percent of the coal produced was transported from the mines by water, another 10 percent by truck,
and nearly 80 percent by rail. In the first few years after
World War II, the portion of coal hauled by truck showed
some rise—from about 7 percent to 10 percent—but since
1950 the proportion trucked has shown no significant change,
with some absolute decline. On the other hand, the proportion of coal moving by water showed little change during
the earlier period, but has about doubled since 1950—rising
from 5 to 10 percent.
If direct diversion of coal traffic from the rails has been
rather moderate, the indirect substitution of other forms of
energy for coal has continued on a large scale in recent years.
Coal provides about one-third of total energy consumed at
present as compared with two-thirds in 1929. Of all principal uses of coal, only electric utility consumption has a
clear uptrend. Oven coke consumption of coal has shown
some rise in the past decade, and coal exports have been
rather large until recently.
Petroleum and natural gas—which have been widely used
for fuel—are produced in limited areas, but consumed
throughout the Nation, so that long movements are required.
Since much of the crude oil production and refining is near
water, tanker and barge transportation, which are cheaper
even than pipeline transportation, are used for port deliveries. Pipelines are used for major hauls to landlocked
areas. Railroads are playing a minor and declining role in
the transportation of petroleum products.
June
Grain traffic is particularly important to rails. Much <
it is long-haul bulk movement for which rails have an a<
vantage relative to trucks, and truck competition has been c
limited importance. The relative change in tonnage of cor
and wheat hauled by rail in the past 10 years is not far di
ferent from the relative change in production. Water tram
port has risen in the past decade, but the tonnage shippe
remains only about one-tenth of that moving bv rail.
Substantial declines occurred, however, in wheat flour an
mill product shipments by rail during the same period. PC
tato shipments were also off considerably more than produc
tion durino- the decade.
Rail Freight Tonnage of Manufactures
and Factory Production
Index, 1947-49=100 (ratio scale)
Agricultural products
Rail transport of agricultural products is a distinctly
mixed picture in which some types of products, chiefly
grains, have been only moderately diverted to other carriers
whereas animals and products have been largely diverted to
truck movement.
Principally because of the advantage in convenience and
speed of the truck, stock transport by rail is now largely
limited to transfers from one terminal market to nonadjacent slaughter houses, and this is the principal portion of
the traffic haul in which rail movement is likely to be important. The same influences, however, do not affect fresh
meat shipment, yet meat shipment by rail declined 40 percent between 1947 and 1957 while meat production rose 20
percent.
Careful studies of fruit and vegetable (including potato)
transport by rail and truck indicate that the tendency of
diversion from rail to truck depends upon a rather complex
group of influences of which convenience and speed are important. Shippers reported that trucks usually had the advantage in both these respects for much of 'the intercity
transport.
Importance of cost
differentials
The choice of carrier appeared to be in considerable part
a function of the cost relationship to the shipper of the two
types of transport. In most markets studied, the rather
large proportion of the total price of the product represented
by transport appeared to make the choice of transport very
sensitive to differences in costs, so that an}' appreciable cost
differential to the shipper appeared to be a predominant
influence affecting the mode of transport.
20
11 i i i i i i i i M i i i i i i i i i i i i i i i i i i i 1 1 i i i i t i i i
RATIO OF TONNAGE TO MANUFACTURING PRODUCTION
200
150
100
50
1920
30
40
50
Data:
U. S. Department of Commerce, Office of Business Economics
60
ICC S FRB
59-6-7
Much of the volume of agricultural products moves ii
trucks which are not regulated by ICC. The Transports
tion Act of 1958 contained two provisions directly atl'ecthu
highway traffic. The act declared that certain commodities
were no longer free from regulation under the agricultura
products exemption clause of the Interstate Commerce Act
The rates on such important food items as frozen fruits am
vegetables are now brought under Commission regulation.
Secondly, the new act discourages "buy and sell'' operations designed to circumvent the lack of "appropriate inter
June 1959
SURVEY OF CURRENT BUSINESS
state operating rights. There is no change affecting private
carrier transportation where such transportation is incidental
to a primary business enterprise (other than transportation).
Industrial goods
A third commodity grouping of rail traffic, and the most
important from the revenue standpoint, is manufactures
and miscellaneous. Since this is also the most rapidly growing group of products, competition in this area is particularly important for long-term trends. At present manufactures and miscellaneous account for about one-fourth of
the tonnage hauled by rail, about two-fifths of the carloads,
and nearly half of the total freight revenue.
In general, the manufactures group contains most of the
high-valued commodities both in relation to space and to
weight. Many of these commodities have had relatively
high rates per ton and per cubic foot. Such rates were also
higher in relation to costs than the average for other commodity groups. Accordingly, truck competition has been
quite severe in this general group,
diverting large sectors of
the most profitable rail traffic. 3 This may be shown roughly
for the group as a whole by comparison with manufacturing
output, before an examination is made of specific diversions
and freight charges.
The accompanying chart shows that manufactures and
miscellaneous rail freight tonnage moved consistantly with
factory production as measured by the Federal Reserve
Board index during most of the decade of the 1920?s, but
toward the end of that period the rail tonnage hauled began
to decline in relation to output. The declining trend has continued largely unabated since then, interrupted only during
World War II.
Between 1929 and 1940 the ratio of rail tonnage to manufacturing output declined nearly one-third, and after rising
during the war, it was back about even with 1940 by 1947.
In the following decade, the ratio dropped one-third and is
now less than half the ratio which prevailed in 1929. Although the measure used is only an approximate one, it will
be recalled that total commodity movement has about kept
pace with commodity output.
percent or more for about half the items. This combination suggests that for half the items, the loss in revenue
contribution is relatively great on the basis of current ratecost ratios. The rate advance on these items has been a part
of the general rate increase of the past decade. Although
such advances have not fully kept up with rising costs, the
substantial total contribution to rail revenue of this
"valuable" freight is being reduced by the success of other
carriers. The rails still have some margin of flexibility in
rate adjustment for these items, if this is a major influence
affect ing the choice of carrier.
The freedom of carriers to make rate reductions was emphasized in a 1958 amendment to the Interstate Commerce
Act. The new provision prohibits holding up a carrier's
rate level to protect the traffic of any other mode of transportation. Cases are now before the Interstate Commerce
Commission involving interpretation of this amendment
within the context of national policy as set out in the basic
transportation legislation.
Regional traffic
The preceding discussion has been in terms of the national
picture. The broad influences have had their impact
throughout the Nation, but regional variations in the traffic
flow have been important, and the persistent, differences have
Changes in Rail Traffic Relative to
Production, 1947-1957
Selected major manufactured products
-100
-400
::
T r u c k s have not been classified as s t a t u t o r y common c a r r i e r s so t h a t they
l a v e n o t been u n d e r a n y o b l i g a t i o n t o c a r r y a l l t h e t r a f f i c , a n d they h a v e
.generally not done so.
-75
Percentage
-50
-25
4-25
Vehicle parts
1200 -
Impact of diversion on revenues
From the standpoint of revenue, however, the shift in
traffic from rail to truck has been somewhat more significant.
Such diversion has been larger for those commodities for
which rail rates were high in relation to costs of movement
and the contribution to rail revenue was correspondingly
large.
The general picture of traffic changes for manufactured
products by rail and other carriers in the past decade is
shown in the accompanying chart. The commodities shown
include the major revenue manufactured products hauled by
rails (each accounting for $20 million or more of rail revenue
in 1947) for which roughly comparable traffic and production data are available.
The median u loss" ? of rail traffic in relation to output is
one-third, which is about equal to that shown for manufactured products as a whole as compared with manufacturing output and not significantly different from the relative
•hange in total commodity traffic in relation to total output.
Among the commodities where traffic diversion has been
larger than average: (1) most items are now hauled in
volume by truck, and (2) freight revenue obtained on the
basis of 195C) operations, exceeded out-of-pocket costs by 75
differences
Tires ond tubes
Canned and packaged food products
1000 -
800 -
600 -
400 -
Newsprint
Scrap iron and steel
Wrapping paper
Printing paper
Refined petroleum products
Furniture
Metal containers
Scrap paper
Beer
Woodpulp |
Nails and wire
Lubricating oil
Gloss containers
Roofing
Liquors
200 -
Note: - The length of each bar represents the change in the roil share of traffic ond the
width snows the value of 1947 rail revenue. Traffic data ere from ICC; production
data mainly from FRB.
U. S. Department of Commerce, Office of Business Economics
59-6-
SURVEY OF CURRENT BUSINESS
had an intensified effect upon earnings in the various regions
Mild in turn upon financial structure.
In. Eastern territory a downward trend in actual ton-miles
lias persisted, accentuated by recessions. Thus the cyclical
peak in Eastern territory in 1917 was considerably below
the war years" freight movement but was above the 1051
high and the latter in turn was above the. 11)56 high. Similarly each of the postwar cyclical troughs has been lower
than earlier ones, and by 1058 traffic was below the prewar
high. In early 1059, carloadings in Eastern territory were
up appreciably from a year earlier, but they were below the
{•ate in the comparable period of other nonrecession years.
June 1959
The passenger problem received attention in the Transportation Act of 1958. Prior to the act, the ICC had authority over passenger service only to the extent that it was provided over a line which a railroad proposed to abandon, i.e.,
discontinue all freight and passenger service. The act gave
the ICC authority over less radical changes in passenger
service. Since the act Avent into effect, 35 applications have
been filed mostly involving discontinuance of specified passenger trains. A number of these applications have been
approved in whole or in part, but most are still pending
before the ICC.
Variation in earnings
Table 1.—Ratio of Long-Term Railroad Debt to Capitalization
[Billions of dollars]
1940
194S
1943
1953
1957
Eastern District
Long-term debt
Stockholders' equity
...
-
..
K-itio of debt to capitalization f percent)
4. 1
4.2
3.7
4 7
3.7
4.8
4.2
5. 3
4.0
49
44
44
44
43
5. 3
4.4
0.1
4.8
3.6
6. 3
3. 9
7. 8
4.2
8.2
5o
52
36
33
34
1.5
1.1
1.3
1.3
1.2
1.6
1.4
2.0
2 2
58
50
42
41
37
.3
.9
.3
.9
.4
1.0
1.1
.5
1.3
25
25
31
31
28
Western District
Long-term debt
Stockholders' equity
_.
IvUio of debt to capitalization (percent)
Southern Region
Long-term debt
Stockholders' equitv
__
-
R-uio of debt to capitalization (percent)
1.3
Pocahontas Region
Lon^-term debt
Stockholders' equity
R'ltio of debt to capitalisation (percent)
-
Source: Interstate Commerce Commission. Data cover Class I railroads.
Ill other regions, rail traffic has shown little change in
trend in the postwar period, but has taken considerable
drops in recessionary periods. In Western territory, total
ton-miles appear to have shown merely cyclical changes with
perhaps a slight uptrend. They have remained moderately
lower than the war peak but far above prewar traffic. In
this area, which is characterized by a strong secular uptrend
in. economic growth (including total traffic) substantial traffic diversion from rails to other carriers has been offset by
the general area expansion, so that the trend of rail commodity traffic is not declining—an important influence for
the "overhead" problem and its effect upon earnings.
The Southern territory commodity traffic has likewise
tended to be generally stable in the past decade, and it has
been about equal to the wartime high. The Pocahontas
roads had less expansion during the war, but reached highs
soon after the war when coal exports were abnormally large.
They have since exceeded these levels occasionally with intervening* periods of sharp drops in traffic.
The trend of earnings and the financial position of the
rails reflect the considerable difference in the traffic of Eastern region and that of other territories. Another reason for
regional diversity in earn ings is the varying impact of the
passenger-service loss, which includes not only the deficit
from the movement of persons but dining-car, express, and
mail operations,
For other-than-Eastern territory, net income after taxes
has shown some general upward trend during most of the
postwar period. Profits of these roads have been somewhat
more sensitive to cyclical influences than have profits in
industry as a whole. In 1957 and 1958 in Western and
Pocahontas territories, however, declines were moderate and
profits after taxes remained above the average for the postwar period. In Southern territory the decline was more substantial and profits fell appreciably below most other recent
years.
Before 1957, however, profits after taxes in each of the
three territories other than Eastern sometimes exceeded the
wartime peak. Substantial earnings throughout the period
made possible a considerable rise in stockholders" equity—
around 50 percent—(primarily through additions to surplus
from earnings). Accordingly with only a slight rise ir
debt—except for the relatively low-debt Pocahontas group—
the ratio of debt to total investment has shown a considerable decline. Thus the general uptrend in earnings for these
roads brought a substantial coverage of fixed "charges or
debt, even in unfavorable years, such as 1958.
For Eastern territory roads, the trend in earnings ha.'
been unfavorable. Although rates have been increased a;
traffic has declined, the war period earnings have not beei
approached in any year—1955 was the best postwar year
In recessions, profits after taxes have fallen to prewar levels
and in 1958 were the lowest since the 1930-s, except for tin
year 1946 when special wartime write-offs reduced reportec
earnings. There has been only a modest gain (15 percent'
in stockholders' equity. Accordingly the ratio of debt t(
total investment has shown only a small decline.
The lower earnings of recent years provide less adequate
coverage of fixed charges. Furthermore—although this i
another aspect of the same problem rather than an inde
pendent coincidence—the larger drop in traffic in Easten
territory than elsewhere lias resulted in a steeper rise in uni
costs and thus has aggravated the problem of meeting compe
tit ion 011 a price or rate basis.
In the Transportation Act of 1958 provision was made fo
financial assistance for temporarily hard-pressed railroads
The act authorized the ICC to guarantee loans made to car
riers for capital expenditures or maintenance. The criteri;
for guaranteeing the loan are (1) that the railroad wouh
otherwise be unable to obtain funds on reasonable terms
(2) that the loan is repayable in 15 years; and (3) that th
prospects for repayment are good. The limit on the amoun
to be guaranteed is $500 million and the closing date for th
guarantee of loans is March 31, 1961. To date a small num
ber of applications for loan guarantees have been filed. Tw
have been approved. Other roads have had informal dis
cussions with the ICC 1 about o-uaranteed loans.
by Frances P. Sasscer
Expansion of Foreign Travel
IJjXPENDITUKES for foreign travel by Americans rose
in 1958 to $2,140 million, about 10 percent over 1957. Of
this amount $1,460 million was spent in foreign countries
and $680 million was paid for transportation bet ween the
United States and the foreign area visited.
Fare payments increased nearly 3 times as much as expenditures made in foreign countries during 1958. The
sharper rise resulted from a proportionate increase in travel
to more distant countries at a higher transportation cost,
and a relatively larger increase in air travel, where fares
constitute a larger proportion of total travel expenditures.
Another factor was the rapid growth in cruise travel, where
an average of 75 percent of the total outlays of travelers go
for fares and shipboard expenditures.
From the end of World War II through 1951, foreign
travel expenditures rose less rapidly than disposable personal incomes. Since 1951, however, the annual increase in
disposable income has slowed and with foreign travel expenditures rising at an average annual rate of 10 percent,
travel payments have moved closer to the relationship to
disposable personal incomes maintained in the 1920's.
Further rise in 1959
Although the seasonal peak of this year's foreign travel
is still ahead, it is clear from the evidence now available
that 1959 may be expected to reach another high in both the
number of travelers and their expenditures. Among the
factors favoring an increase in foreign travel is the substantial rise in personal income in real terms which has meant
a larger amount available for such purposes as recreational
travel. Personal income for the first 5 months is running
about 6 percent above the total for the corresponding period
a year ago, and 7 percent above 1957.
The available transportation will be greater in. the peak
season, especially in jet planes, with their large capacity
and quick turnaround. The passport applications so far this
year confirm other evidences that a larger number of our
citizens will make an overseas trip in 1959.
States. The rise was mainly in travel to Europe and the.
Far East. Travel to Canada and the Caribbean area, on the.
other hand, seems to have been most affected by the recession. A large proportion of American expenditures in Canada is normally made by residents of the major cities close
to the Canadian border where the recession was particularly
severe.
Of the $88 million increase in expenditures in foreign
countries by American travelers in 1958, $77 million accrued
to Europe and the Mediterranean area and $11 million to
countries in the Far East.
Canada and Mexico together again received the largest
share of American foreign travel dollars—44 percent—although this represented a slightly smaller proportion than
in 1957. The gain in Mexico's receipts from U.S. travelers
was offset by a drop in expenditures in Canada.
Europe and the Mediterranean area received the next
largest share—38 percent—compared with 35 percent in 1957,
and 44 percent in 1929.
The Caribbean area and South America received a smaller
proportion than in 1957, reflecting a drop in travel due to
some extent to political unrest in the area. Nevertheless,
the share of the Caribbean and South America in total
American travel expenditures was still greater than in any
of the years from 1948 to 1957. Expenditures in the Far
East continued to account for a small, but steadily rising
share in foreign travel spending.
Increased air travel
U.S. residents made 1,398,000 trips to overseas countries
in 1958. The 2-percent increase over 1957 was the smallest
since 1951. The greatest increase in the numbers of travelers was to Europe and the Far East. There was a slight
increase in travel to some of the nearby countries, but these
Table 1.—Total Expenditures for Foreign Travel by U.S. Residents
1929, 1937, 1947, and 1954-58 *
[Millions of dollars]
Payments to foreign countries
Foreign countries received $1,780 million from U.S. travelers in 1958, $1,460 million being spent abroad and $820
million paid to foreign carriers. Fare payments to foreign
ships and planes rose by one-fifth over 1957, while fares
paid to U.S. carriers increased by only half as much, reflecting a growing share of passengers carried by foreign airlines and the rise in cruise travel, which takes place principally on foreign vessels.
Travel payments in 1958 rose more rapidly than in the
previous year, despite the business recession in the United
NOTE.—MRS. SASSCER IS A MEMBER OF THE BALANCE OF PAYMENTS DIVISION. OFFICE OF BUSINESS ECONOMICS.
0 HIFRASER
0 0 °— 5 9
2
Digitized 5for
Year
Expenditures in
foreign
countries
Fares paid
To foreign
carriers
To U.S.
carriers
Total
1929
483
164
41
f*XS
19:-i7
34S
95
27
470
55
88
7i«;
183
201
238
261
320
209
258
301
322
359
1.401
1, fi!2
1,814
1,955
2., 139
1947
1954
1 955
1 956
1957
1958
1.009
1 . 1 53
1. 275
1,372
1.460
1. Excludes travel by military personnel and other Government employees stationed
abroad, their dependents and U.S. citizens residing abroad; includes shore expenditures 01'
cruise travelers; passenger fares exclude fares paid by (-migrant aliens.
Source: U.S. Department of Commerce, Office of Business Economics, estimates Ki,--fi
on questionnaire returns.
SURVEY OF CURRENT BUSINESS
10
increases were more than offset by a sharp drop in travel to
Western Hemisphere countries where political disturbances
took place.
The Middle Atlantic States furnished the greatest numbers of travelers by air to the West Indies, Central and
South America, a much greater proportion than the Central
States with a higher proportion of population and about
the same proportion of personal incomes.
Nearly 75 percent of Americans visiting Bermuda by air
live in New York, Connecticut, New Jersey, and Massachusetts, while over a third of visitors by air to Cuba live in
Florida. On the other hand, most of the travelers to Mexico
reside in California, Texas, or New York, all easily accessible
by air to Mexico.
Over 66 percent of travelers to Cuba and the nearby Caribbean during the Florida season live in New England, the
Middle Atlantic, or Central States. However, during the
summer months when relatively fewer visitors from Northern States stay in Florida, travel to the West Indies is
mainly confined to persons who live in Florida or nearby
States. It is thus evident that proximity or availability of
direct air transportation is a major factor in deciding the
foreign country to be visited. Since 1952 there lias been a
relative increase among travelers to Europe of persons living
in California, Illinois, and Michigan, all of which States
now have direct air transportation to Europe.
Table 2.—Estimated Expenditures by U.S. Residents on Foreign
Travel 1957-58 *
[Millions of dollars]
195S
1957
TotaL-
_.
1,955
Transports don
Foreign flag carriers
U S flag carriers
583
261
322
Expenditures abroad
Canada
_
..
Persons staying under 48 hours
Mexico
Persons visiting Mexican border onlv
Total overseas areas
Europe and Mediterranean
United Kingdom
..
Ireland
Denmark
Norway
Sweden
France
Benelux
Germany
Austria
Switzerland
Italy
Spain
Portugal
Israel
Greece
--
___ _
_ ___
-
_ ._ -
_ _ _
_ ._
_ -
-
-
-
- -
South America
Argentina
Brazil
Venezuela
. __
Other overseas areas
Japan
Hong Kong
_ ...
Philippine Islands
\ustralia and New Zealand
727
818
483
82
12
560
90
13
16
9
10
93
40
64
na
na
na
83
21
-_
na
na
153
West Indies and Central America
Bermuda
.. _ . _ .
Nassau
Jamaica
Other British West Indies
Cuba
Netherlands West Indies
Other West Indies
Central America
- -
28
-
_ _ _._
. _ . ..
_ _ ._
__ _.
-
- -
_
_ _
359
1,460
323
15
42
93
21
5
_ _ _ _ _ _ _
«,
320
1,372
340
80
305
204
58
_ --_
_ _ _
2, 139
j
58 \
1
43
5
8
11
na
319
208
19
43
99
21
6
12
11
156
29
23
25
11
37
10
14
37
6
10
8
6
10
9
54
26
9
6
4
65
29
13
5
5
i. Excludes travel by military personnel and other Government employees stationed
abroad, their dependents and U.S. citizens residing abroad; includes shore expenditures of
cruise travelers; passenger fares exclude fares paid by emigrant aliens.
na Not available.
Source: U.S. Department of Commerce, Office of Business Economics, estimates based on
questionnaire returns.
June 1950
Payments to Europe expand
American travelers spent $560 million in Europe in 1958,
16 percent more than in 1957, the highest annual increase
since 1955. This rise was due principally to an increase in
the number of travelers.
Over 45 percent of Americans traveling to overseas areas
went to Europe. Of these, about two-thirds traveled by air,
a slightly higher proportion than in 1957. Although a
smaller proportion of travelers crossed the Atlantic by sea
in 1958 than in 1957, the numbers of sea travelers showed a
slight increase over the preceding year, the first annual increase in sea travel to Europe since 1954. Over this same
period, travel to Europe by air has more than doubled.
More U.S. born Americans crossing to Europe by sea in
1958 used first class space than other accommodations. Only
28 percent of those who crossed by air went by first class.
Only 1 of every 8 foreign born Americans used first class
space on ships and on planes.
About half of first class sea travel takes place in April,
May, and June. In the case of air travel, relatively more
travelers use first class space in the summer months. Detailed data by quarters are shown in table 4.
Airlines offered a new and more economical type of accommodation during the second quarter of 1958—economy
class. From the time it was initiated it became the most
fully utilized of any type of air transportation across the
Atlantic, with 60 percent of U.S. residents traveling by
economy class.
The peak of European travel falls in the third quarter of
the year with 40 percent of the trips being
made then. Since
1951, the peak has been extended somewTliat into the second
quarter, permitting better use of existing facilities in European countries. Transatlantic travel by sea is concentrated
in the spring and summer. Travel by air is distributed more
evenly, due to the fact that a relatively large proportion of
businessmen travel by air, and their trips are spaced throughout the year.
U.S. residents spent $1,531 a person on each European trip
in 1958, about the same amount as in 1957. Americans crossing the Atlantic by ship spent $1,712 per trip, of which
$1,048 represented travel expenditures in Europe and the remainder, $664, transatlantic fares. Travelers by air averTable 3.—Number of U.S. Travelers to Overseas Countries, by
Means of Departure from tbe United States 1957-58 1
[Thousands]
1957
Overseas, total. ._
Sea
Air
.__
__
_
Europe and Mediterranean, total
Sea _
_. Air
West Indies and Central America, total.. .
Sea
Air
_ _
_
_ . ..
Bermuda, total .
Cuba, total
South America, total
Sea
Air
Other overseas, total
Sea
Air _
_
Japan, total _
_
-
_ _
__
__
1958
1,369
303
1,066
1,398
292
1,106
556
205
351
637
218
419
704
79
625
645
99
276
102
218
51
7
44
5^
6
4(i
,
12
__
_
590
46
64
13
51
44
48
1. Excludes numbers of travelers on cruises, military personnel and other Government
employees stationed abroad, their dependents and U.S. citizens residing abroad.
Source: U.S. Department of Commerce, Office of Business Economics; U.S. Department
of Justice, Immigration and Naturalization Service.
SURVEY OF CURRENT BUSINESS
June 15150
Table 4.—Number of U.S. Residents Traveling in Europe and tbe
Mediterranean Area, by Means of Transportation 1957 and 1958,
by Quarter l
[Thousands]
Annual
Means of transportation
1957 1958
Second
quarter
First
quarter
Third
quarter
Fourth
quarter
1957
1958
1957
1958
1957
1958
1957
1958
Total travelers
U.S horn
Foreign born. _ _ _ .
556
354
202
215
62
37
25
74
45
29
161
115
46
195
137
58
236
142
94
263
169
94
97
60
37
105
71
34
Sea travelers .
T.S. born
Foreign born ..
205
118
87
218
137
81
17
8
9
20
10
10
66
46
20
74
53
21
89
49
40
92
56
36
33
15
18
32
18
14
First
doss
1 T S born
Foreign born _ _ _
50
40
10
60
50
10
4
3
1
i
18
16
25
22
3
20
15
5
22
17
8
6
8
7
1
Cabin class 2
r S born
Foreign born
57
35
22
57
39
18
4
2
2
4
2
2
16
5
21
17
4
24
14
10
24
15
9
8
4
4
\3
Tourist class 3
U.S. born
Foreign born
98
43
55
101
48
53
q
3
6
11
28
14
14
45
20
25
46
24
22
6
11
16
6
10
351
236
115
419
285
134
45
29
16
i
27
14
13
95
69
26
121
147
93
54
171
19
19
73
53
20
First class
U.S. born
Foreign born
91
72
19
97
81
16
16
13
3
18
15
3
23
19
4
24
20
4
32
^
1
6
20
16
4
22
19
3
Tourist class
T.S. born
Foreign born
260
164
96
94
61
33
29
16
13
36
20
16
23
50
22
115
69
46
27
19
8
44
29
15
H
6
2
Air travelers
1" 8 born
Fr, reign born
Economv class 4
U S born
Foreign l>orn
637
228
143
85
:
£
*?7
1
74
48
26
111
67
44
43
2S
15
1. Excludes travelers on cruises, military personnel and other Government employees
stationed abroad, their dependents and U.S. citizens residing abroad.
2. Includes travelers using first class accommodations costing less than $325.
3. Includes travelers using freighter type, combination type, or tourist class accommodations.
4. Economy class originated in April 1958.
Source: U.S. Department of Commerce, Office of Business Economics.
aged $.1;436 for each trip, with $780 spent in Europe and
$050 for fares. The higher expenditure of sea travelers reflects an average stay in Europe of 08 days compared with
4:1 days for air travelers. About one-third of air travelers
spend 4 weeks or less in Europe. The average length of stay
of all travelers declined from 52 to 50 days, reflecting
largely the greater proportion of air travelers in the total.
The average expenditure of travelers crossing by sea to
Europe in 1958 was about 5 percent higher than in 1057—the
same as the annual average increase since 1952. Expenditures of travelers by air have increased only about 8 percent
over the entire period. The difference in the rate of increase
in expenditures may be attributed in part to the fact that the
proportion of U.S. born travelers among sea travelers has increased twice as rapidly as the proportion among air travelers. Per trip expenditures of foreign born travelers average
'V7 percent below that of U.S. born travelers, due to the tendency of the former to visit family and friends and to limit the
extent of their travel from country to country within Europe.
The average expenditure in 1958 of $1,000 in Europe by
travelers born in the United States and of $032 by foreign
born travelers remained the same as in 1957, with per diem
expenditures and average length of stay of each group virtually unchanged. The slight rise in average expenditures of
all travelers was due to the continuing long-term trend of
an increasing proportion of U.S. born persons among European travelers.
The arithmetic average expenditure of $870 by all U.S.
travelers in Europe in 1958 compares with a median expenditure falling between $020 and $725. In 1952, the arithmetic
average of $767 was proportionately even higher than the
median, reflecting a relatively larger number of travelers
making low expenditures.
11
American travelers spent nearly $100 million in Italy in
19589 0 percent over expenditures in 1957, reflecting an increase in the numbers of travelers which more than offset a
drop of 10 percent in per capita expenditures. France and
the United Kingdom ranked next with $93 million and $90
million respectively, in each case about a 10-percent increase
over 1957. The rise was due to increased numbers of travelers, average expenditures remaining about the same.
The greatest increase in travel expenditures in the area,
both in relative and absolute terms, occurred in the Benelux
countries, where expenditures were nearly double those in
the preceding year, following a 00-percent rise in the numbers of travelers, possibly drawn to the area by the World
Fair in Brussels. Except for the Benelux countries, Ireland, and Austria, per capita expenditures of travelers
dropped in every European country in 1958. This reflected
a shorter average stay in each country with more countries
visited on the average trip. The rise in the numbers of travelers was responsible for the increased expenditures in
individual countries.
The highest per capita expenditure was made in Israel,
Greece, and Italy. It reflected a relatively large proportion of foreign born Americans whose extended stay gave
rise to higher expenditures in each individual country.
Expenditures by U.S. born travelers in individual countries
are slightly less because their length of stay in each country
is generally shorter than that of foreign born travelers,
although their per diem expenditures are considerably
higher.
Travel to Canada declines
Travel expenditures by U.S. residents in Canada declined
to $323 million in 1958, 5 percent less than the peak of 1957.
This decline followed an average annual rise of 5 percent
since 1951. The decline in expenditures in 1958 resulted
both from a decrease in the numbers of travelers entering
Canada and from an overall decline in their average expenditure. Since the decrease was especially pronounced in the
case of persons entering Canada through Ontario and Quebec, it is possible that the relatively large impact of the
recession on U.S. cities adjacent to this area affected travel
adversely.
Spending by persons entering Canada by automobile
Table 5.—Average Travel Expenditures and Length of Stay of U.S.
Residents Traveling in Europe and the Mediterranean Area 1957
and 1958, by Quarter *
Average travel
expenditures
in area
(dollars)
1957
U.S. residents:
First quarter .
Second quarter
Third quarter .. _
Fourth quarter
1958
Average length
of stay (days)
1957
1958
Average per
diem in area
1957
1958
711
918
878
855
735
921
877
887
52
46
55
53
51
44
54
52
13.67
19.96
15. 96
16.13
14.41
20.93
16.24
17.06
.
867
998
790
876
1,048
786
52
71
40
50
68
41
16.67
14.06
19. 55
17.52
15. 41
19.17
Native-born residents:
Total
Sea
_
Air
1,000
1,202
898
1,000
1,226
892
44
59
36
44
58
37
22.73
20.37
24.81
22.73
21.14
24. 37
Foreign-born residents:
Total
Sea ___
_
Air
633
722
566
632
747
562
65
86
49
64
85
50
9.74
8.40
11.53
9.88
8.79
11.15
Total
Sea
Air
- _
1. Data compiled from questionnaires of U.S. residents returning from trips to Europe and
the Mediterranean.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF C U R R K X T BUSINESS
12
account for about three-fifths of total travel payments there.
In 11)58 expenditures of persons traveling on trips of more
than 2 days rose slightly, due to a higher per trip expenditure. This was offset,, however, by a 10-percent decline in
expenditures of short-stay automobile travelers which
resulted from a drop in the numbers of these travelers.
Expenditures of Americans entering Canada by common
carrier accounted for most of the decrease in travel payments
to Canada. Expenditures of travelers by boat dropped by a
fifth, following a 10-percent decrease in entries by boat due
largely to the shipping strike on the West Coast during the
summer. A lower average expenditure contributed to this
decline.
Table 6.-—Numbers and Expenditures of U.S.-born and Foreignborn U.S. Residents Traveling in Europe and the Mediterranean
Area, Selected Countries, 1957—58 1
Numbers of travelers
(thousands)
U.S.
born
Foreign Total
born
Total expenditures
(millions of dollars)
U.S.
born
Average expenditures
(dollars)
Foreign Total
born
U.S.
born
June 1051")
"Expenditures of travelers by train decreased by more
than a fifth, reflecting a decline in the numbers of train travelers and lower per trip expenditures. Payments of travelers by bus were 5 percent lower in 1958, with the numbers of
bus travelers off slightly and average expenditures lower.
Expenditures of travelers by plane were up moderately over
1057, with an increase in the numbers of plane travelers offsetting a slight decrease in their average expenditures.
The decline in average expenditures in Canada in 1958
may be attributed to a decline in the length of stay to 5.5
days from 6.1 days in 1957.
Americans visiting Mexico in 1958 spent $320 million, 5
percent more than in 1957. Expenditures both along the
border (two-thirds of the total) and in the interior of Mexico
reached a peak in 1958, reflecting increased crossings into
Mexico. In addition, the increased cost of living in Mexico
caused average expenditures by travelers in the interior to
rise. (A program has been recently initiated to obtain data
on expenditures in Mexico by certain classes of U.S. travelers. This may lead to revisions in current estimates.)
Foreign Total
born
Travel to other nearby areas
Europe and
Mediterranean:
1958
1957
. .--
422
354
215
202
637
556
424
355
136
128
560
483
1,000
1,000
632
633
876
867
Sea- 1958
1957
137
118
81
87
218
205
170
143
60
63
230
206
1, 226
1,202
747
722
1,048
998
Air- 1958
1957
285
236
134
115
419
351
254
212
76
65
330
277
892
898
562
566
786
789
268
229
70
65
338
294
73
64
17
18
90
82
273
279
243
278
266
279
45
39
16
16
61
55
6
6
6
13
12
164
141
342
348
210
201
Denmark:
1%8
1957
79
na
17
na
96
na
13
(2)
3
16
(2)
162
na
202
na
169
na
Norway:
1958
1957
32
na
10
na
42
na
9
(2)
180
na
303
na
209
na
Sweden:
1958
1957
45
na
13
na
58
na
4
(2)
10
(2)
138
na
302
na
174
na
Franco:
1958
1957
307
257
74
64
381
321
78
08
15
15
93
83
252
265
201
213
242
255
229
144
61
31
290
1 75
31
16
9
40
21
134
119
143
150
136
125
1958
1957
203
170
77
67
280
237
40
35
24
23
64
58
196
204
316
345
229
244
Austria:
1958
1 957
105
80
28
24
133
104
11
14
5
4
19
15
132
128
172
171
141
138
Switzerland:
1958
1957
203
178
50
42
253
220
34
33
9
9
43
42
168
194
177
218
169
199
Italy:
1958
1957
248
203
66
65
314
268
76
66
23
27
99
93
307
320
346
410
315
342
Spain:
1958
1957
82
65
13
12
95
77
18
18
3
3
21
21
219
264
206
243
217
260
Israel:
1958
1957
15
na
14
na
29
na
6
na
6
na
12
iia
390
na
396
na
393
na
Greece:
1958
1957
22
na
9
na
32
na
5
na
6
na
11
na
235
na
597
na
342
na
United Kingdom:
1958
1957
Ireland:
1958
1957
- .--
Benelux:
1958
1957
Germany:
-
-_
6
6
(2)
3
(2)
(2)
(2)
1. Excludes numbers and expenditures of military personnel and other Government
employees stationed abroad, their dependents and U.S. citizens residing abroad; includes
the expenditures, but not the number, of cruise travelers.
2. Estimated expenditures in Scandinavia in 1957 $31 million, with $21 million by U.S.
born and $10 million by foreign born. In previous reports Scandinavia included Denmark,
Norway, and Sweden,
na Not available.
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.
Expenditures in the West Indies and Central America
advanced slightly in 1958 to $156 million. This 2-percent
rise over 1957 contrasts with an 18 percent annual average
increase for the 4 preceding years. The reduced rate of
advance in 1958 was due principally to a drop in the number
of travelers to the area, which was only partly offset by a
rise in per capita expenditures.
This rise may be attributed to the fact that a relatively
larger proportion of travel to the Caribbean went to more
distant destinations within the area—at a higher average
expenditure. Travel to the nearby areas—notably Cuba—
dropped sharply as a result of the disturbances there, with
a moderate decline in travel to Nassau in the spring following the hotel strike there. The unsatisfactory Florida season
also contributed to the decline in travel to Cuba and the
Bahamas in the first part of 1958, which is normally the peak
travel season for that area.
Of the 388,000 travelers to the Caribbean area (excluding
Cuba), 253,000, or 75 percent, made the trip for pleasure.
This represented a decrease in the numbers of pleasure
travelers of about 25,000 for 1957. This decline took place
in the first half of the year, and may be attributed largely
to the factors discussed above, which affected pleasure travel
in particular.
Persons traveling to the Caribbean area for family and
other reasons remained below 10 percent of the total in 1958.
There was a considerable increase from 1957 in business
travel to the area, resulting from an increase in the numbers
of persons who reported traveling for combined reasons of
business and pleasure, and who were included among business
travelers for both years.
Air transportation was used by more than 90 percent of
Americans who visited the Caribbean area. Over half of
these travelers stayed in the area from 5 to 14 days and only
6 percent stayed over 3 weeks. The average stay was nearly
2 weeks.
Travel expenditures in Cuba declined in 1958 by 15 percent
from the high in 1957. The 20-percent drop in the numbers
of travelers was partly offset by a rise in per capita expenditures. The increase was due to a relative increase in
the numbers of air travelers, whose average expenditures
run 55 percent higher than the expenditures of sea travelers.
Air transportation is used by 94 percent of the Americans
visiting Cuba. Their stay averages 8 days, with 60 percent
remaining 4 days or less in Cuba. In 1958, 162,000 Americans went to Cuba on pleasure trips. The distribution
.Tune
SURVEY OF CURRENT BUSINESS
between pleasure, business, and family travel was about the
same as in 1957,
Expenditures of American travelers in Bermuda rose
slightly in 1958 to $29 million with a corresponding rise in
the numbers of travelers, and a moderate rise in the numbers
of travelers on cruises. Of the 102,000 travelers visiting
Bermuda, 87,000 went by air, a slightly larger proportion
than in 1957. Nearly all of the travel to Bermuda is for
pleasure, and of these pleasure travelers about one-third took
"all expense" tours. Travelers to Bermuda remained there
an average of 10 days.
Travel payments to South American countries remained at
$87 million in 1958, with the numbers of travelers and their
per capita expenditures virtually unchanged. Although
travel expenditures in South America had risen steadily
since 1953, the political unrest in the area in 1958 tended to
restrict travel.
Eight out of every nine travelers to South America go by
air, reflecting the large proportion of business travel—41
percent. Only about 30 percent of travelers reported trips
for recreation or pleasure, and of these 23 percent went on
"all expense" tours.
Travel to other overseas areas, principally the Far East,
rose sharply in 1958 to reach $65 million, 20 percent over
the preceding year. The rise may be accounted for by a
10-percent increase in the numbers of travelers and to a like
increase in expenditures per trip reflecting more travel to
countries in the area in which expenditure averages are
comparatively high.
Spending by foreign visitors
Expenditures by foreigners in the United States rose in
1958 to $825 million—a 5-percent increase compared with an
average annual rise of 9 percent since 1950. In addition,
foreigners paid $89 million in fares to U.S. ships and planes
for transportation between the United States and the foreign
country of residence.
Canadian expenditures in the United States continue to
account for over half of travel receipts from foreign
countries. In 1958, Canadians spent $425 million here—•
SlOO million more than our residents spent in Canada. The
difference in expenditure reflects a higher proportion of
long-term trips and a longer stay by Canadians. In the
case of travelers by automobile, about 25 percent of Canadians visiting the United States in the first quarter of the
year visit Florida, On an annual basis, 40 percent visit
States which are not adjacent to the border. The relatively
greater distance traveled within the United States accounts
in part for a higher average expenditure by Canadians here.
Travel expenditures by Mexicans in the United States
were estimated at $144 million in 1958, 7 percent over 1957.
Since 1952, receipts from Mexico have accounted for about
18 percent of total spending by foreign travelers in this
country. About 80 percent of Mexican expenditures here
are made by Mexicans who live near the border and who
make frequent purchases in U.S. border towns.
Visitors from overseas countries in 1958 spent $256 million
in the United States. Travel expenditures by European
visitors, however, declined slightly. A 5-percent drop from
1957 in the numbers of visitors was partly offset by an
increase in average expenditures. This rise in expenditures
was due in part to a relative increase in the numbers of
visitors on business trips who spend more on the average
than travelers for pleasure or travelers in transit throng]i
the United States.
Foreign residents who enter the United States on a
temporary basis are classified by Immigration and Natural
13
able 7.—-Distribution of Per Capita Travel Expenditures of U.S.
Residents Traveling in Europe and the Mediterranean Area
During the Third Quarters of 1952 and 1958 *
Total residents:
1958 .
1952
Third
20% of
travelers
spending
between
Second
20% of
travelers
spending
between
Lowest
20% of
travelers
spending
less than
Fourth
20% of
travelers
spending
between
Highest
20% of
travelers
spending
more than
$340
210
$341-S575
211 425
$576-$850 $851-$!, 240
426-675
676-1, 100
$1, 240
1, 100
Residents traveling bv sea:
1958
1952
400
225
401-675
226-475
676-] , 000 1,001-1,450
476-750
751-1 250
1,450
1, 250
Residents traveling by air:
1958
195°
310 !
200 i
311-525
-?oi 375
526-775
376 575
776-1, 150
576-975
1, 150
975
U.S. -born residents:
1958 - 1952
460 i
325 •
461-710
326-550
71 1—975
551-875
976-1, 360
876-1, 350
1. 360
1 , 350
Foreign-born residents:
1958
1952 ...
225
150
226-375
151-275
376-575
276-425
576-925
426-725
925
725
1. Based on expenditures reported by U.S. residents in questionnaire sample, which was
tabulated by frequency intervals.
Source: U.S. Department of Commerce, Office of Business Economics.
ization Service as visitors for business, visitors for pleasure,
students, and aliens in transit through the United States.
This last category is comprised of persons who may remain
here only a day or two, or for as long as 29 days. The
purpose of their trip may be either business or pleasure, or
they may be emigrants enroute through the United States.
In 1958, the numbers of travelers classified as in transit
travelers declined by 22,000 from the preceding year. An
increase of 42,000 in the numbers of travelers on pleasure
trips more than offset this decline, however. The entire
shift took place in the numbers reported for visitors from
the United Kingdom and may be due to changes in statistical
or administrative procedures.
Expenditures in the United States by residents of the
West Indies, Central America, and South America continued
the steady upward trend of the 1950's, with expenditures of
$125 million in .1958, about 10 percent over 1957. Receipts
from travelers from other overseas countries, principally
the Far East, have also continued to rise. Increased expenditures by these visitors have resulted from a rising
number of travelers, coupled with a moderate increase in
per capita expenditures here.
Table 8.—Percent Distribution, by Length of Stay of U.S. Residents
Returning from Trips to Europe and Mediterranean, Cuba, and
Other Caribbean Area, 1958 l
[Percent]
Europe and Mediterranean
Period (days)
Cuba Air
Total
1-2..
3-4
5-7
8-14
15-21
22-28 - 29-35
36-42
43-60. ...
61-90
Over 90
Total...
.
..
0 2
.5
1.4
6.9
10.2
14.0
12.6
9.0
19.7
16. 1
9.4
Seci
!
;
1
!
i
;
i
!
100.0 :
Other Caribbean A i r
Air
31.3
27.8
13.7
13.7
i
]
!
I
i
I
0.3
.7
2.0
9.6
12.9
16.0
13.6
8.0
17.5
14.8
4.0
1.2
.6
1.6
1.0
.5
.8
2.0
1.8
1. 1
100.0 :
100.0
100.0
100.0
0.2
.2
1.8
5.0
10.4
10.6
10. 8
23. 9
18.6
18. 5
!
14.3
15. 1
22. 0
24. 1
11 . 6
4. n
1. Excludes travelers on cruises and Governm ?nt or business trivelers stationed abroad,
The Caribbean area includes the West Indies. C ^nt ?';T! A morion Pnlnmhin. Vpno/npUi n n r l
the Guianas, and excludes Bermuda, Mexico, Puerto Rico, and the U.S. Virgin Islands.
Source: U.S. Department of Commerce, Office of Business Economics, assisted by Oflice
of International Travel. Data based on questionnaires filled in by returning travelers.
SUKVEY OF CURKENT BUSINESS
14
Table 9.— State of Residence of U.S. Residents Returning by Air
from
Hemisphere
in 1958; State Distribution
— Western
_ .
— Countries
__
June 1950
Table 11.—Expenditures of Residents of Foreign Countries in the
United States, 1957-1958 i
[Percent]
Expenditures
(millions of dollars)
State dis- State distribution tribution
of perof population
1957 2
incomes
State of residence
Bermuda Cuba
Other
Caribbean
Southern ;
South
Mexico
America
19o7 -
1957
Visitors from all foreign countries
785
825
Persons staying under 48 hours. _ _
Mexico..
Persons visiting Mexican border on ly
419
60
135
119
425
na
144
12r,
Total overseas countries.-- . ....
Europe and Mediterranean
United Kingdom
West Indies, Central America, and South America
Cuba
Other overseas countries
231
87
24
107
21
250
80
24
125
22
Hnmidf).
Xew England
ConnecticutMassachusetts .--
26. 9
9.2
14.9
4.9
1.8
2.5
6.1
2.4
2.9
5.6
2.4
2.5
3.9
1.4
2.0
5.8
1.3
2.9
6.6
1. 8
3.3
Middle Atlantic ...
District of Columbia
Maryland
New Jersey
Xew York. _ . .
Pennsylvania
Virginia
GO. 4
33.0
33.8
41.6
25.7
24.9
28. 2
2'. 2
13.0
35.1
6.8
1.6
.8
5. 3
°7 7
"!:!
1.1
g
3! 2
16.1
3.2
1.0
.5
1.7
3.3
9.3
6.5
2.2
.6
1.8
4. 1
11.9
!:l
1.1
1.3
5.0
20.5
4.4
1.1
1.6
J
21.3
Southeast
Florida
2.0
.5
41.6
36.2
29.3
21.0
13.6
9.3
11.7
5.5
18.4
2.4
Central ..
Illinois
Michigan
Missouri
Ohio
W isconsin
7.0
2.2
1.7
.3
1.7
.3
14.0
4.6
2.2
1.0
3.3
1.1
15.4
5.4
2.1
1.4
3.4
1.0
17.7
5.0
2.9
1.2
4.5
.4
22.2
9.3
3.9
1.6
3.1
1.2
26.7
5.7
4.6
2.5
5.4
2.3
12. 6
2. 2
28. l
G!S
4.8
2.4
!j-0
_
_-
1.8
1
Northwest
.6
.9
1.5
3.3
2.1
5.3
,7
.5
2. 1
1. 7
6.2
4.7
8.0
5.7
13.0
11.5
7.9
5.4
4.7
Far West
California
1.0
.8
2.9
2.4
5.2
4.7
9.6
8.0
20.7
18.9
11.0
8.2
13.0
Possessions
1.4
.6
2.5
.6
.7
na
na
Table 10.—Principal States of Residence of U.S. Travelers Returning
from Overseas Areas, 1952, 1955, and 1958 l
Table 12. — Numbers of Foreign Visitors to the United States from
Overseas Countries,1 1957-58
Total
Overseas countries, total
Total, United States
Xew York California
Xew Jersey
Illinois
_ _
Pennsylvania
M assachusetts
Michigan
_
Ohio
.
Texas
Florida
Other
_
_
.
Latin America
(excluding
Mexico)
1958
1955 i
100.0
100.0
100.0
100.0
14.1
30.7
3.0
4.5
10.3
25.9
3.0
3.9
17.6
3.8
4.9
6.8
23.1
3.6
6.1
4.7
5.8
4.3
3.7
3.6
3.3
2.0
1.8
1.9
3.9
2.6
2.5
3.4
4.8
2.9
3.1
4.4
4.5
4.4
2. 1
3.2
2.5
2.5
26.7
1.7
1.8
35.2
4.6
2.9
37.0
3.6
20.9
27 2
3. 2
22.5
22. 6
1952
1955
1958
100.0
100.0
100.0
33.7
8.2
8.0
5.9
31.1
9.1
7 3
6.' 2
27.5
11.3
6.2
5.9
6.8
4.4
3.0
3.7
5.8
4.6
4.2
4.2
1.5
1.5
23 3
1.8
1.9
23.8
1955
1958 i
Transit
Student
Student
472
450
73
73
74
74
310
310
268
268
67
57 1
89 i
89
1958
1957
190
208
42
43
114
93
30
69
U n i t e d Kingdom
1958
1957
64
80
17
16
42
32
32
France
1958
1957
18
18
5
5
10
10
3
3
(*)
Germany
1958
1957
25
23
6
6
16
12
3
5
(*)
(*)
Italy
1958
1957
11
13
3
2
5
5
3
6
(*)
(')
Benelux
1958
1957
15
15
4
4
8
7
3
4.
O)
Scandinavia
1958
1957
18
19
3
4
10
8
5
7
(*)
West Indies, Central America,
and South America .. . _ _ 1958
1957
225
197
20
20
170
155
23
12
12
10
Cuba
1958
1957
71
69
6
59
58
2
1
4
British West Indies
1958
1957
39
28
3
3
24
22
11
2
1
1
Brazil
1958
1957
12
Europe and Mediterranean
Colombia
Venezuela
Other overseas areas
Japan
Australia
Source: U.S. Department of Commerce, Office of Business Economics, assisted by Office
of International Travel; U.S. Department of State.
Business Pleasure
1958
1958
1957
1957
[Percent]
2
i
1. Includes expenditures of travelers for business and pleasure, foreigners in transit through
the United States and students; excludes expenditures by foreign government personnel
and foreign businessmen employed in the United States.
na Not available.
Source: U.S. Department of Commerce, Office of Business Economics.
[Thousands of travelers]
1. State of residence data compiled from entry-departure forms of U.S. residents returning
by air from the West Indies, Central America, and South America.
~2. While the latest data on population by State and personal income are for 1957, the changes
in percent distribution by State from year to year are relatively small.
na Xot available.
Source: U.S. Department of Commerce, Office of Business Economics, assisted by Office
of International Travel; Bureau of the Census.
Far East
37
0.8
Southwest
Texas
Europe and Mediterranean
1958
Q
1
7
2
9
1
1
22
22
19
4
3
(*)
(*)
(*)
(*)
(*)
1958
1957
12
9
1
1
8
7
_ . 1958
1957
31
21
2
2
21
15
2
1958
1957
57
45
11
11
26
20
14
1958
1957
13
8
4
4
2
2
j
I
(*)
11
8
2
(x)
2
0)
1958
1957
17
13
4
9
1
1
r>
2
2
(*)
fi
s
(i
1
1. Excludes visitors from Canada and Mexico; excludes foreign government personnel and
foreign businessmen employed in the United States.
'Less than 500.
Source: T.S. Department of Justice, Immigration and N a t u r a l i z a t i o n Service.
b
Waliher Lederer
Adverse Balance in Foreign Payments
Jl AYMENTS in our foreign transactions exceeded receipts
again by a substantial amount during the first 3 months of
this year. The excess amounted to $860 million, or $3.7 billion at a seasonally adjusted annual rate.
Several special transactions and developments took place
during this period which—on balance—reduced the net payments. While extraordinary large imports of petroleum
products raised our payments, they were more than matched
by advance repayments by Germany on its postwar debt and
a substantial liquidation of short-term assets held abroad.
Excluding these transactions, net payments during the
first quarter were more than in the previous quarter. The
increase was due to a decline in merchandise exports and a
rise in merchandise imports (other than petroleum) which
was only partly offset by lower military expenditures, and a
smaller outflow of medium-term bank loans.
The gold outflow continued but was very much lower than
in previous quarters, as foreign countries kept a higher share
of their net receipts in dollar assets.
The reduced net outflow of private U.S. capital, especially
the return flow of short-term funds, and the large share of
foreign net receipts kept in dollar assets can to some extent
be attributed to the tightening of credit and the higher interest rates paid here on short-term Government securities
and time deposits, both in absolute terms and in relation to
rates prevailing in Europe.
The reversal in the flow of short-term capital and the
lesser changes in the movement of longer term loan fixed
interest funds conforms to the customary pattern of adjustment of a disequilibrium in the balance of payments by means
of credit restrictions. Measures taken by the United Kingdom and other countries experiencing losses in their reserves
during 1957 also had their initial impact on short-term
capital movements.
The movement of short-term funds, however, cannot be
relied upon to provide more than temporary relief for a
balance of payments disequilibrium. The basic relief lias to
come from changes in the movement of long-term capital
and the transactions in goods and services.
By itself, the net flow of funds from the United States to
foreign countries has a deflationary effect on the domestic
economy. It was—and currently still is—more than offset,
however, by an expansion of domestic demand, with the result that the self-correcting forces affecting our foreign
transactions were weakened.
Exports resume decline
Merchandise exports during the first quarter of 1959 were
•it a seasonally adjusted annual rate of about $15 billion,
which was about $0.9 billion less than in the preceding
quarter.
NOTE. —MR. LEDEREK IS CHIEF OF THE P.ALAXrE OF PAYMENTS
DIVISION, OFFICE OF HUSINKSS ECONOMICS.
The first-quarter decline followed a period of relative
stability through nearly all of last year when rising exports
of foodstuffs offset the decline in other exports. In the first
quarter of 1959, foodstuffs fell off too, thus reinforcing the
continued drop in shipments of other commodities.
After seasonal adjustment, foodstuffs accounted for about
one-third of the total export decline. Cotton shipments had
declined sharply last fall and remained low.
About two-thirds of the decline in seasonally adjusted
exports was in nonagricultural goods, particularly in crude
and semimanufactured materials. Finished manufactures
also declined but at a relatively slower rate. Among crude
and semimanufactured goods, the decline was most pronounced in iron and steel mill products, perhaps influenced
by the increase in domestic demand and the still comparatively easy supply situation abroad. Exports of copper and
copper manufactures returned to a more "normal"' level after
a sharp rise in the previous quarter which was caused by
interruption in copper production in areas usually supplying
Europe.
Among finished manufacturers foreign sales fell off mainly
in metal manufactures, most of the machinery categories,
and railroad equipment. There was some increase, however,
in shipments of tractors, trucks, and buses, and merchant
ships.
Income on private U.S. investments abroad was nearly as
high after seasonal adjustment as in the preceding quarter
although the latter included about $75 million of dividends
earned in prior periods.
A relatively small item among U.S. receipts from abroad
was foreign investments here. During the first quarter,
however, foreign purchases of stocks, net of sales, amounted
to $36 million. Most of these transactions were made by, or
through Switzerland. These net purchases were the first
sizable amounts since 1957, and followed net sales nearly all
through 1958. Changes in foreign direct investments were
relatively small.
Imports high
Total imports of goods and services in the first quarter,
after seasonal adjustment, were at an annual rate of about
$22 billion, slightly lower than in the previous quarter.
Military expenditures abroad dropped from an annual rate
of about $31/2 billion in the last quarter of 1958 to a rate of
about $3 billion, mainly as a result of declining payments
under procurement contracts and for construction. This
decline was nearly compensated, however, by a rise in other
imports, particularly of merchandise, but also of transportation, travel, and other services.
Merchandise imports, after seasonal adjustment, rose at
an annual rate of nearly $400 million to just over $14 billion.
Among the major commodities increasing during that period
were petroleum products, wool, iron and steel mill products,
nickel, and automobiles.
SURVEY OF ( T R R K X T BUSINESS
16
Some of these increases appear to be due to special circumstances, and do not indicate a basic trend. Among
these is the rise in imports of petroleum products which may
be attributed to the anticipation of import quotas imposed in
April; the rise in nickel imports was due to the resumption
of production in Canada which had been interrupted by a
strike; the higher imports of iron and steel mill products
may in part reflect the anticipation of an interruption of
production here this summer.
The rise in domestic business activity appears to have
aft'ected mainly imports of raw materials used in the production of nondurable goods, including wool, cotton, hides,
and rubber, and after allowing for seasonal factors perhaps
also wood pulp:
Among the major metals, iron ore imports probably de-
U.S. Balance of Payments
With Major Areas*
June 11)51)
dined less than seasonally, reflecting the rise in steel production. With the exception of tin and, due to special
circumstances, nickel, imports of the major nonferrous
metals so far were not affected by the rise in domestic
business activity.
Imports of foreign manufactures continued to rise. To
some extent the rise may be attributed to the increase in
domestic incomes, but since the rising trend continued all
through the recession period, an improvement in the capacity of imported products to meet domestic demand
appears to be a major factor. Most important in this category are, of course, automobiles, of which over 150,000 were
imported in the first quarter, about 50 percent more than a
year earlier. The value of these imports was $175 million,
the average per car was about $1,140.
It may be interesting to note that the rise in imports of
automobiles accelerated as average f.o.b. foreign port unit
values dropped to around $1,150. Including freight and
import duties, this would correspond to a landed value at
the port of entry of about $1,350 per car.
Billion Dollars
U.S, Receipts, Total
Average
f.o.b. unit
value in
dollars
^. U.S. Payments, Total
1953
1954
1955
1956
1957
1958
4
Number
of cars
imported
in 1000 's
Year
WESTERN EUROPE |-
12
.
. __
... ..
. .
27.1
34.6
57 1
107.7
259 4
432.6
1, 550
1,300
1 210
1, 175
1 160
1 130
Imports of other manufacturers were also higher than a
year ago, particularly agricultural, electrical, and industrial
machines, cotton textiles, chemicals, and glass and clay
products.
Some of the major import items fell off in value. Most
important among these was coffee, which was still affected
by declining prices, which not only reduced the value of
imports, although the quantity was higher, but induced
importers to keep inventories as low as possible. The decline
in sugar imports was mainly from Cuba and possibly related
to the political disturbances there. Meat products and fish
were considerably higher than a year earlier but the change
from the last quarter of 1958 was rather small. Cattle
imports had passed the peak earlier, and were declining.
-
0
OtHEfe AREAS
16
Investments loiver
]-
12
0
1955
1956
1957
1958
* Excl. military grants in .ia'n<j
U. S. Department of Commerce, Offics of Business Economic
1958
1959
1st quarter
at annual r a t e
The net outflow of funds through Government grants
(excluding military) and capital transactions was substantially less in the first quarter than either the preceding
quarter or a year earlier. The principal difference was the
receipt from Germany of $150 million representing a prepayment of the annual amortization scheduled for the years
1961-65, The debt, originally of $1 billion, represents the
settlement for postwar economic assistance which Germany
agreed to repay.
Omitting this special transaction, the net outflow of Government funds was somewhat larger than during the March
quarter a year ago, but—after allowance for seasonal variations in loan repayment schedules—about as high as in the
fourth quarter of 1958. Most of the increase over last year
was in sales of agricultural commodities for foreign currencies, which amounted to about $230 million, or about onefourth of total agricultural exports. Loan disbursements by
the Export-Import Bank were down from the preceding
quarter, but those of the new Development Loan Fund rose
to about $30 million as against less than $6 million durin<r
all of 1958.
SURVEY OF CURRENT BUSINESS
June 1959
1?
pean companies (other than those covered in direct investments). In the first quarter they amounted to $85 million
as against $170 million during all of 1958.
New issues of foreign securities were about half as high
as in the first quarter of last year. At that time conditions
for the sale of new securities were particularly favorable.
The list of countries floating securities here continued to
widen, however, and during the first quarter of this yearincluded Denmark, the Netherlands, Japan, and Jamaica.
The expansion of long-term bank loans which began early
in 1957 was halted, as new loans equaled repayments. The
only sizable outflow was to Argentina; large loans arranged
earlier by Venezuela and France were not utilized. This
reflects the improved financial condition of these countries.
Short-term assets abroad were reduced substantially for
the first time since the sterling crisis in the fall of 1957 and
represented one of the few large reductions since the war.
The decline in short-term funds outstanding abroad started
in November of last year but accelerated considerably during
the first 2 months of this year. The contraction followed
an expansion of nearly $400 million during the first 1(5
months of 1958. The change from this rapid outflow of
funds to the recent inflow paralleled a change in the reserve
position of member banks of the Federal Reserve System.
During most of the first half of 1958 member banks in
the larger cities had reserves net of borrowings in excess of
requirements, but since then these banks had to resort increasingly to loans from the Federal Reserve System to keep
reserve requirements. Similar, but not so drastic, effects of
changes in the reserve position of the banks on short-term
foreign loans could be observed in previous years. The
comparatively sharp reaction of the tightening of bank
credit on foreign loans in recent months may be attributed
to the comparative relaxation in the money market in Europe,
the improvement in the financial position of some of the
potential borrowers, and perhaps the already large indebtedness of others.
The net outflow of private capital during the first quarter
amounted to $400 million, the smallest amount per quarter
since 1955.
The decline which set in about the middle of last year, and
.Accelerated early this year, was largely the result of increasing tightness in the supply of bank credit and of rising
interest rates while credit conditions in the major financial
centers of Europe became easier. This affected short-term
credits and to a lesser extent longer term bank loans and
new issues of foreign bonds. Direct investments and purchases of foreign stocks were not affected by credit restrictions and the increase in this form of capital outflow offset
in part the contraction in the outflow in fixed interest funds.
Direct investments had declined during the second half of
1957 and for the first three quarters of 1958 were smaller
than in the same period of the previous year. They rose
above the previous year in the last quarter of last year and
in the first quarter of this year they amounted to $240
million, or $90 million more than during the first quarter of
1958.
Perhaps more important than the size were the shifts of
the new investments to Europe which received 70 percent of
the total, or a higher share than ever before in the postwar
period. The unusual size of direct investments in that area
reflects in part several large single transactions in the United
Kingdom, and the attractiveness of establishing subsidiaries
in the countries of the recently established European Economic Community.
Investments in the United Kingdom amounted to $90 million (compared with $9 million a year ago). Nearly half
of the $60 million capital flows to the EEC countries was
due to the establishment of new companies or the acquisition
by parent companies of additional securities of older subsidiaries. The remainder represented advances by American
L-ompanies to their affiliates in the Community countries.
Capital flows through direct investments in other European
countries remained about the same as in the first quarter
sf 1958. New investments outside of Europe were considerably smaller than a year earlier, but the decline is likely
to be temporary as several large projects are scheduled to
be started soon.
The new attractiveness of Europe for investments was also
indicated by relatively large net purchases of stocks in Euro-
Highlights by area—1958-59
The balance of payments in. the more recent period can be
put into a better perspective if it is compared with the years
1955 and 1956. Comparisons with 1957, which in many re-
Table 1—U.S. Balance of Payments Seasonally Adjusted (Excluding Military Grant Aid)
[Millions of dollars]
19 56
I S. payments, total
Imports, total
Merchandise
Services and military expenditures
19 58
19 57
1959
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
6 125
6 221
6 765
6 735
6 837
7 138
6 627
6 772
6 490
6 697
6 832
7 027
6 612
4,914
3 184
1 730
4,919
3 193
1 726
5 044
3 257
1 787
4 952
3 170
1 782
5 145
3 229
1 916
5 244
3' 366
1 878
5 289
3 380
1 909
5 245
3 316
1 929
4 963
3 076
1 887
5 166
3 187
1 979
5 272
3 218
2 054
5 517
3 432
2 085
5 49V)
3 52£
1 974
Remittances and pensions
154
163
164
184
184
174
164
180
178
170
173
186
187
Government grants and related capital outflows (net).
618
608
685
665
751
697
625
481
612
609
612
580
«i&
U.S. private and other Government capital
outflows (net).
439
531
872
934
757
1,023
549
866
737
752
775
744
28"
5,641
5,982
6 308
6 304
7 065
6 876
6 807
6 346
5 723
5 734
5 897
5 869
5 5HO
5, 522
3,979
1,543
5,829
4,238
1,591
6 165
4 512
1,653
6 189
4, 650
1,539
6 899
5, 122
1,777
6 749
4 899
1,850
6 789
4 918
1,871
6 296
4 451
1,845
5 710
4 065
1,645
5 749
4 019
1,730
5 923
4, 143
1,780
5 817
4 000
1,817
5 520
3 77H
1,747
119
153
143
115
166
127
18
50
13
-15
-26
52
(Hi
336
237
257
— 82
103
112
45
148
105
508
664
851
890
1,010
K27
S receipts, total
Exports total
Merchandise
Services and military transactions
Foreign long-term investments in the United
States.
rrors and omissions (net receipts) - .
icrease in foreign gold and liquid dollar assets
through transactions with the United States.
18
51
194
380
466
188
263
51
1
Source: U.S. Department of Commerce, Office of Business Economics.
508100°—53
3
-564
25
-437
SURVEY OF CURRENT BUSINESS
18
spects was extraordinary, are less likely to indicate the more
basic shifts.
The rise in the 1958 deficit in U.S. balance of payments
over the average of 1055-56 position occurred in all areas
and was primarily due to an increase in payments. It
amounted to $840 million in Western Europe, almost $800
million in "Other areas," over half of which was in Latin
America, and $670 million in Canada.
In the first quarter of this year, net payments by the United
States continued to increase. Of the total rise of more than
$1.2 billion, at an annual rate, over the same quarter of 1958,
by far the largest share—nearly $1 billion—went to Western
Europe. In contrast, transactions with Canada, because of
a rise in our exports, resulted in an increase of net receipts
by over $0.2 billion, thus restoring partly the pattern of net
receipts by the United States in its transactions with Canada
prior to 1958.
The change in all areas over a year ago was due to shifts
in merchandise trade. The effect on the balance of payments
of the acute rise in imports from "Other areas" and Western
Europe was reinforced by a very sharp drop in exports. As
a result, in the first quarter of this year, merchandise trade
was in balance with Europe, and showed an import surplus
from the "other areas."
The change in our transactions with Western Europe in
Value of Merchandise Exports
Items grouped by the percentage
change since 1953
Billion Dollars (ratio scale)
~ Total Value of Items Rising
_ 65% or More
+ 30% to +64%
0 to t29%
June 19.">!)
1958, as compared to the average of 1955 and 1956, resulted
from an increase in payments by $720 million and a drop in
receipts by $120 million.
The United States imported over $600 million more of
goods and almost $500 million more of services; on the
other hand, Government grants were down by more than
$800 million, and U.S. private capital outflows by almost
$100 million. Sales of U.S. merchandise were less than in
1055-56; receipts from the other transactions, however, rose
slightly. The effect on the balance of payments of a $400
million gain in receipts on account of services was almost
canceled by the drop in European investments in the United
States.
The change in net payments from $1.1 billion, at an annual
rate in the "first quarter of 1958, to $2.1 billion in the first
quarter of this year was due largely to a rise in payments
but also to a falling off in receipts.
The rise in imports of merchandise at a rate of $1 billion
and in direct investments by over one-half billion dollars
was not fully reflected in total payments, since the net outflow of Government and U.S. private short-term capital was
down by almost $0.8 billion. Exports of merchandise to
Western Europe fell off by $0.5 billion. The effect of this,
reduction on total receipts, however, was reduced by an
increase in receipts from services and European investments
in U.S. corporate securities.
Transactions with Canada were almost in balance in 1958.
The net change from 1955-56 came mainly from a rise in
payments, particularly for services and for private investments. The decline in receipts was primarily in the sales
of merchandise.
Net payments by the United Stares in 1958 to the "Other
areas,'' which include all of the less developed countries
and the international institutions, amounted to about $2.3
billion, $0.8 billion above the average for 1955 and 1956.
In the first quarter of 1959, the rise in net payments continued—at an annual rate of $0.5 billion over the corresponding period a year earlier. Payments remained unchanged at
an annual rate of $18.9 billion, but receipts dropped $0.5
billion from $11.6 billion a year earlier.
The rise in U.S. payments for goods and services of almost $1.1 billion was counterbalanced by a decline of the
same magnitude in the outflow of U.S. private capital which
in the first quarter of last year was raised by large new
issues by the International Bank.
Sales of U.S. merchandise dropped $0.8 billion at an
annual rate from $8.8 billion in the first quarter of 1958.
The full impact of this decline, however, was not reflected
in total receipts. The receipts from services increased about
$0.8 billion.
The heavy loss in U.S. sales of merchandise was in the
Latin American market. About twTo-thirds of the increase
in services was from interest and other income from Government loans and private investments abroad, mainly ir
Latin America.
Gold outflow
Total Value of (terns Declining
_1
1
1953
1957
Year ended Mar.
1959
U. S. Department of Commerce, Office of Business Economics
59-6-4
As a result of all transactions with the United States
gold reserves and liquid dollar assets of foreign countries
and international institutions rose during the first quartei
by $860 million (including about $200 million of advance
payments made by foreign governments on purchases oJ
military equipment). In a addition, gold reserves of the
countries outside the Soviet bloc were raised through pur
chases of newly mined gold, or through Soviet gold sales
by about $200 million.
The $96 million decline in our monetary gold stock during
the first quarter was the lowest amount since the end oJ
SUEVEY OF CURRENT BUSINESS
.Tune 1959
1957. The outflow of gold speeded up somewhat in April
and May when the gold stock declined by about $250 million.
Even at this rate, however, it was considerably less than last
year, although our balance of payments was basically not
'hanged.
The relatively small outflow of gold during the first
quarter was in part related to several large special payments
by countries which otherwise would have added more to their
reserves, including repayments of $200 million by the United
Kingdom to the Monetary Fund.
The rise in interest rates on liquid funds here in comparison with those paid in some of the major European financial
centers probably also contributed to the attractiveness of
keeping funds in dollar assets. This consideration was all
the more effective as the increase in bank deposits and holdings of short-term securities here of foreign countries accrued
mainly to private institutions, and individuals. Official
holdings of liquid dollar assets (other than the advance
payments on military equipment) of foreign countries increased during the first quarter by only $50 million.
The quarterly rise in gold and liquid dollar holdings by
Europe was somewhat less than the average of 1958, bur
this was largely due to some of the special transact ions
mentioned above. Without these the rate of increase would
have been about as high as last year.
Prospects for improvement
Several developments can be anticipated at this time, however, which should improve the balance of payments. Cotton exports are expected to rise next fall when the export
subsidies recently announced will come into operation. On
the basis of current estimates with respect to foreign demand and world supplies, an increase of $300-400 million in
the annual rate of exports over the recent rate may be
expected for next fall.
Table 2.—Exports of Domestic Merchandise (Excluding Military Aid) Grouped According to Percent Change from 1953 to Year Ended
March 1959
[Billions of dollars]
Values of exports which
Total
Increased 65% or more
1953
1957
Year
ended
Mar.
1959
1953
Year
ended
Mar.
1959
1957
Increased 0-30%
Increased 30-64%
1953
1957
Year
ended
Mar.
1959
1953
1957
Declined
Year
ended
Mar.
1959
1953
1957
Year
en died
Mar.
1959
1
12.1
19.3
15.9
1.9
4.2
4.0
3.1
5.3
4.4
4.6
6.8
5.3
2.5
3.0
2.1
1.8
.6
.2
(«)
.2
.2
.1
.1
.1
2.7
.8
.2
.1
.1
.4
.2
.1
.1
2.5
.4
.8
.9
.3
.4
.4
1.3
.8
2
1.1
.7
2
.2
.2
.]
.1
.3
1.0
.6
.2
.4
.2
.4
2
.2
.1
..1
'. I
.1
.1
.1
.1
.1
.1
.1
1.0
.3
.7
1.8
.8
1.0
1.0
5
.5
.3
.3
.8
.8
.5
.5
.7
1.0
.5
.7
1.6
Other industrial materials
Chemicals (incl. synthetic rubber)
Paper and paper base stocks
Iron and steel
Steel scrap.
Primary metals (copper, etc.)
Metal manufactures.-. _ _ _
Other metals and minerals
Cotton, unmanufactured
Other textiles
Tobacco, unmanufactured...
Hides and tallow
3.9
.6
.2
5
(*)
.2
.1
.4
5
5
.3
.1
6.9
1.2
.3
1.0
.3
.4
2
.4
.6
.6
.5
.4
.2
5.3
1.2
.3
.5
.1
.4
.2
.5
.5
5
.4
2
Transportation equipment
1.2
.3
.3
.2
.2
.1
.1
(*)
1.8
.3
.5
.2
.3
.1
.3
.1
1.5
.2
.3
.2
.3
.2
.2
.1
Capital equipment (excl. transportation)
Construction and mining machinery
Electrical machinery . _
Engines turbines
Machine tools and metalworking machinery
Tractors and agricultural machinery
Testing and measuring equipment
Refrigeration and air-conditioning equipment
Pipe valves
Office appliances
Pumping equipment
Food and beverage machinery
2.7
5
.4
.2
.3
.5
(')
(*)
(')
.1
.1
(*)
3.9
.9
.6
.2
.3
.5
.1
.1
.1
.1
.1
.1
3.5
Consumer goods (nonfood, excl. autos)
Drugs
Finished textiles
Radio and TV
\ir conditioners
Other electrical appliances
Books, maps and pictures
.8
.2
.1
.1
(«)
.1
.1
1.1
.3
.1
.1
(*)
.1
.1
1.1
.3
.1
.1
(*)
.1
.1
.7
1.1
1.0
Total exports
Food and feed
._
Wheat
Corn
Sorghums, oats and barlev
Rice
__
Soybeans and vegetable oils
Fruits
Vegetables ._
Meat products.
Fuel..
Coal
Petroleum
_
Passenger cars
Trucks and buses .
Assembly parts
Other auto parts and accessories
Railroad equipment
_
Civilian aircraft
Merchant vessels. ..
Miscellaneous and unallocated '
* Less than $.50 million.
!e
1.1
.2
.3
.1
(*)
.2
.1
'.5
.2
.4
.4
.1
.1
.1
.1
.1
.1
.9
.5
.2
2 3
11
3
1.9
1.1
.3
.2
3
4
.1
.4
w
.2
.1
.1
(*)
.3
(«)
(*)
(*)
.1
(*)
.5
.5
.1
.3
.1
.2
.2
.1
.6
.6
.1
.1
.1
.1
.1
.1
.1
.1
("')
.2
.2
.1
.2
.2
.2
.3
.3
.1
.2
.3
.3
1.0
.5
1.7
.9
1.4
.7
.2
.2
.2
.1
.1
(•)
.1
.1
.1
.1
.1
.1
.3
.3
.4
.1
.1
.1
.1
.1
.1
.7
1.1
1.0
(*)
1. Includes cash sales of military equipment.
Source:
-S. Department of Commerce, Office of Business Economics based on data from Census Bureau.
Digitized
forI*FRASER
2.0
.1
3.4
.1
2.2
.1
.5
1.0
.5
.4
.5
.6
1.1
.5
.5
.3
.4
.4
.5
.7
.5
.3
.2
.5
.2
.3
.2
.7
.9
.9
.4
.6
.5
.3
.3
.4
.4
.2
.5
.3
.5
.3
.1
.1
.1
.5
.6
.5
..5
.5
.3
.3
.3
.3
.2
.2
.6
.7
.1
.5
.5
.4
.1
.1
.1
.1
.1
.1
SURVEY OF CURRENT BUSINESS
20
June
1959
United States Balance of Payments by Area—
[Millions of dollars]
All areas
Type of transaction
Line
1956
1957
1958
1956
j
Year
Year
Year
I
26, 284
29, 168
25, 721
6, 037
7,098
2,579
2,435
2,522
657
1,089
431
402
23,705
26,733
23, 199
5,380
6,009
5. 753
17,379
19, 390
16, 227
3,960
4,420
1,642
705
1,999
785
1,650
825
365
139
412
177
1,087
123
158
1,168
138
372
1,137
142
296
251
30
36
2,120
297
194
2,313
363
205
2,198
417
307
481
70
48
- 19,829
20,923
20, 951
4,870
4,997
Merchandise, adjusted, excludingmilitary. 12, 804
1,408
Transportation
1,275
Travel
Miscellaneous services:
543
Private
264
Government, excluding military
2,955
Military expenditures
Income on investments:
426
Private
154
Government
13, 291
1,569
1,372
12, 946
1,599
1,460
3,255
312
201
3,173
377
334
563
310
3,165
549
305
3,416
124
57
781
121
59
799
452
201
537
139
106
34
8,245
5,810
4,770
2,248
Exports of goods and services, total
1
Military transfers under grants, net, totaL
Other goods and services, total
3
Merchandise, adjusted, excluding military.
Transportation
Travel
Miscellaneous services:
Private
Government, excluding military
Military transactions
Income on investments:
Direct investments
Other private
Government
.
4
5
6
8
9
10
U
Imports of goods and services, total
13
14
15
16
17
18
19
20
21
II
1957
I
!
III
IV
1958
1959
I
II
III
IV
I
II
III
IV
I v
7,348
7,823
6,787
7,210
6,231
6,697
6,120
6,673
5,899
605
813
461
556
665
777
549
531
485
6,563
6,743
7,010
6,326
6, 654
5,566
5,920
5,571
6,142
5,414
4,112
4,887
5, 108
5,158
4,462
4, 662
4,054
4,191
3,806
4,176
3, 789
423
227
442
162
501
162
540
202
487
248
471
173
372
164
420
210
421
269
437
182
403
171
274
31
58
273
30
29
289
32
35
276
33
45
295
34
40
276
34
70
321
37
217
259
34
76
277
36
87
296
36
40
305
36
93
277
36
74
512
75
50
531
71
57
596
81
39
491
79
48
594
96
51
595
89
65
633
99
41
462
93
52
535
103
61
545
102
56
656
119
138
497
108
59
5,113
4,849
5,092
5,318
5,361
5,152
4,904
5,250
5,372
5,425
5,440
3,156
383
500
3,220
336
240
3,297
356
213
3,344
423
352
3,265
424
543
3.385
366
264
3,139
344
234
3,166
439
382
3,124
428
565
3,517
388
279
3,607
400
247
142
90
694
156
58
681
124
66
880
129
64
850
150
100
715
160
80
720
120
64
829
134
71
908
145
105
841
150
65
838
131
69
805
100
34
109
39
111
47
109
47
104
52
113
51
126
51
132
42
127
23
132
32
146
42
129
52
1,167
510
2,101
1,012
1,071
640
2,116
1,714
2,256
1,651
2,505
1,692
1,426
965
2,058
1,502
1,327
662
1,447
670
748
199
1,248
717
459
-26
-4,977 -4,753 -4,840 -1,231
-574
-2,398 -2,318 -2,318
1,724
-635
-975
-544
-1,047 -1,181 -1,475
-662
-645
-576
-960
-499
-126
6,184 j 6,965
Balance on goods and services:
22
23
6,455
3,876
Total
Excluding military transfers
Unilateral transfers, net [to foreign countries (—)]:
24
25
Total
Excluding military transfers
.28
29
30
31
32
33
34
35
36
37
-132
-145
-431
-380
-32
-402
-461
-39
U.S. capital, net [outflow of funds (— )], -3,619 -4,133 -3,810
total.
-554
-987
3 175 -2,844
-417
-806
-530
41
42
43
44
45
-543
-525
- -2, 579 -2, 435 -2, 522
-1,733 -1,616 -1,611
-159
-135
-182
Private net total
Direct investments net
New issues
Redemptions
Other long-term net
Short-term net
Government net total
38
39
40
-127
-657 -1,089
-420
-472
-27
-37
Private remittances
Government:
Military supplies and services..
Other grants
Pensions and other transfers
26
Long-term capital, outflow
Repayments
Short-term net
-2,990
-1,859 -2, 058 -1,094
-597
-955
-453
179
85
174
-441
574
-324
528
258
-306
629
-545
479
-563
-665
-384
-45
-1,179 -1,070 -1,563
-544
-956
-888
-1,077
-813 -1,364
-127
-123
-142
-141
-429
-43
-549
-368
-50
-531
-430
-44
-485
-433
-46
-1,247
-783
-892
-483
-410
-588
-642
1 025
-451
-726
-394
-993
— 181
76
-248
-18
-339
-88
50
102
69
-324
110
29
113
-70
-155
-338
21
126
-44
-411
-350
19
-115
-168
-156
99
10
-91
-115
-372
-168
35
-242
21
-242
156
22
141
123
-137
-209
-181
-102
-257
-199
-134
-368
-246
-222
-332
-166
-89
-993 -1,272
659
647
-341
-624
-113
86
-110
-187
99
-121
-118
122
-185
-127
172
-147
-128
128
-257
-136
232
-295
-171
170
-133
-558
129
61
-256
131
-121
-243
207
-186
-337
111
106
-436
198
72
-287
263
-65
-168
-33
641
-242
325
215
-6
424
531
828
166
127
18
.50
13
-15
-26
52
60
-958
-966
544
811
Direct and long-term portfolio invest530
ments other than U.S. Government
securities.
-135
Transactions in U.S. Government securities.
1,095
Short-term liabilities to foreign banks and
official institutions.
314
Other short-term liabilities
361
24
119
153
143
-52
31
-250
60
108
-16
827
692
278
505
398
282
56
53
55
Gold sales [purchases (— )] by the United
States.
-306
-798
2,275
-12
47
Foreign capital and gold, total
1,498
-107
Memorandum items:
Increase in total reported foreign gold
reserves and liquid dollar holdings.1
Through estimated transactions with
2
the United States.^
Through other transactions 3
3
133
-556
-401
-42
-402
218
24
22
-239
617
1
138
-461
-335
-38
694
-141
54
-16
-280
1,164
-164
-103
3,439
605
441
748
441
13
81
244
1,460
263
4,303
674
461
581
993
-442
3,434
493
296
513
467
705
869
181
165
68
643
-126
-813
-488
-39
-524
104
21
— 104
-95
691
Errors and omissions and transfers of funds
between foreign areas [receipts by foreign
I areas (— )], net.
-135
353
-105
14
-89
-157
690
1,804
Foreign capital, net [outflow of funds (— )],
total.
144
-605
-392
-40
-288
-103
85
-115
4
46
48
-899
-1,137 -1,227 -1,376 -1,090 -1,147 -1,105
-541
-616
-620
-581
-562
-599
i
647
115
-53
-380
150
-27
10
-244
55
127
-121
17
123
243
-109
297
76
53
353
345
421
121
261
93
-77
-1
77
89
117
224
-27
-98
370
1,075
483
347
96
-348
-381
-325
316
-269
376
217
347
-256
-252
395
-205
-309
-541
196
-279
199
74
-195
305
53
8 ;
127
-447
289
585
1,069
907
878
924
203
107
218
-87
205
325
731
1,342
1,087
1,143
1,057
182
579
1,090
939
826
861
143
152
252
148
317
196
227
-192
v Preliminary.
* Less than $500,000.
'Quarterly details by areas may be obtained by writing to the Balance of Payments Division, Office of Business Economics.
1. Reported gold reserves of foreign Central Banks and governments, excluding U.S.S.R. and other Eastern European countries (except for $14 million of Rumanian gold vested by th
I'aited States in 1956), plus liquid dollar holdings (lines 43, 44, and 45).
2. Equals balance (with reverse sign) of lines 23 (less net sales of gold from domestic sources to the monetary gold stock of the United States), 25, 30, 42, and 48 for "All areas" but not fc
individual areas.
3. Amounts for "All areas" represents gold obtained by foreign countries outside the United States.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
June 1959
1956, 1957, 1958 Revised* and First Quarter 1959
21
[Millions of dollars]
Eastern Europe
Western Europe
1958
1956
1957
Canada
1958
1956
1957
Year
Year
Year
I
II
III
IV
9,039
9,728
8,299
2,011
2,237
1,901
2,150
1,817
1,866
1,542
1,514
398
501
332
283
298
7,173
8,186
6,785
1,613
1,736
1,569
1,867
1,519
34
113
144
25
40
52
27
24
5,306
5,290
4,779
1,069
1,240
1,217
1,253
1,142
3
5,378
5,965
4,664
1,161
1,188
1, 078
1,237
1,037
20
96
122
23
28
47
24
21
4,116
4,022
3,516
815
942
848
911
875
4
704
66
826
86
691
88
151
18
178
22
179
27
183
21
171
19
3
6
2
2
2
1
132
390
137
419
120
425
25
81
28
114
33
145
34
85
26
83
6
469
35
48
521
40
237
505
45
170
112
11
49
122
12
44
127
11
22
144
11
55
124
12
44
«' «'
1
f
121
2
50
133
2
37
130
1
34
28
37
36
32
10
29
1
11
7
8
9
280
68
125
311
76
124
325
94
203
55
22
34
117
26
27
71
21
33
82
25
109
59
23
30
353
142
367
173
00
368
185
68
42
71
44
101
46
71
48
10
11
12
1959
IP
Year
Year
Year
34
113
144
III
II
I
25
40
52
1959
IP
IV
24
27
1956
1957
Year
Year
Year
I
II
III
IV
5,306
5,290
4,779
1,069
1,240
1,217
1,253
1958
1959
1,142
Line
1
2
(*)
4
4
5
00
00
10
9
1
00
12
1
9
2
«
1
(*)
7
w
,
128
53
00
6,573
6,955
7,269
1,652
1,871
1,868
1,878
1,896
69
68
71
14
16
25
16
23
3,761
3,846
3,770
790
914
1,099
967
812
13
2,949
679
461
3,094
722
474
3,290
766
538
755
162
52
757
225
173
803
213
223
975
166
90
1,000
172
57
65
63
1
4
13
00
(*)
15
20
1
3
15
1
61
1
3
22
(*)
2,916
112
316
2,938
117
340
2,705
112
323
615
26
28
664
28
70
703
29
180
723
29
45
614
27
29
14
15
U
320
74
1,702
337
87
1,809
330
81
1,852
76
19
477
84
20
521
84
23
426
86
19
428
84
20
448
2
1
2
1
2
1
1
(*)
1
29
5
259
32
4
288
28
3
448
6
1
80
7
1
109
7
142
8
1
117
7
1
101
11
18
19
289
99
311
121
334
78
86
25
80
11
78
18
90
24
85
30
104
20
101
26
132
19
29
5
31
4
34
4
38
6
26
7
20
21
2,466
600
2,773
1,231
1,030
-484
359
-39
366
-135
33
-299
272
-11
-79
-377
-35
-35
45
45
73
73
11
11
24
24
27
27
11
11
1 1,545
1 1,545
1,444
1,444
1,009
1,009
279
279
326
326
118
118
286
286
330
330
22
23
-2,669 -2, 192 -2, 174
-660
-803
-650
-525
-127
-654
-153
-489
-157
-506
-223
-491
-193
-4
-4
-28
-28
-25
-25
-6
-6
-5
-5
-5
-5
-9
-9
-5
—5
-11
-11
-14
-14
-14
-14
-3
-3
-3
-3
-5
-5
-3
-3
-4
-4
24
25
-5
—5
-7
-5
00
-2
-1
1
8
1
00
1
-269
-63
-65
-66
-75
-68
-19
-21
-22
-1,866 -1,542 -1,514
-491
-316
-317
-75
-53
-57
-398
-47
-17
-501
-72
-16
-332
-67
-24
-283
-130
-18
-298
-108
-17
-3
18
-7
00
i
-2
-1
(*)
8
—1
-1
-450
-122
-148
-172
-8
9
-11
-56
-96
-22
-17
-41
-16
-14
1
2
-3
2
-2
-259
(
-968
-188
-396
-584
-324
119
-161
12
-398
-367
39
-160
-82
-50
-121
7
-6
-18
-104
-155
10
-69
-78
5
-2
2
2
-1
1
(*)
1
-3
2
2
-1
495
249
201
-34
273
-76
38
107
1
-24
-5
-3
-29
13
-70
90
-119
-16
-100
2
3
43
433
103
351
47
372
-65
-3
98
44
25
55
-7
-60
4
16
33
-30
-15
—5
480
244
10
-124
-177
-14
—7
8
2
-3
-2
4
-2
2
3
-50
-372
-39
-6
-13
90
155
3
-57
-98
-19
-19
-39
-21
-14
6
-3
—11
3
-49
—27
4
-75
—4
—5
1
-15 -15
—4
3
-38
-14
00
—5
1
-10
-8
2
2
-3
2
328
357
310
-6
3
-18
-3
12
37
-118
37
-68
17
-64
-11
-10
81
643
137
591
220
-365
593
143
-27
—7
171
222
48
30
10
38
-30
237
-1
-80
-68
2,326
378
1,073
498
379
38
-14
973
638
2,891
646
636
1,115
494
366
-22
-451 -1,297
-358
-200
-487
-252
195
72
2
1
1
1
1
2
37
2
2
00
-3
00
8
-938
-165
-15
2
—75
107
115
38
39
40
-961
-542
-375
101
-117
-28
-146
-57
-6
9
-39
-5
617
00
5
-98
-437
31
-202
-42
-25
2
-17
-77
270
0
-397
-159
565
C)
-186
-42
-17
3
21
-3
706
32
33
34
35
36
-966
-38
1,053
31
-34
-95
8
-55
-4
-940
-32
—73
2
-36
23
-138
100
128
-180
-133
-35
17
-65
35
-956
-116
-35
46
-24
-181
-111
-56
5
-20
—21
-14
-411
-27
40
-123
-203
-4
-173
-121
16
-71
-62
-40
59
-25
36
-3
-254
-25
20
-58
-79
-240
245
-44
-180
-3
-396
-368
218
-222
-181
-13
-777
-34
192o
27
28
29
-12
-486
-110
-4
-11
-768
-91
288
-247
26
-1
00
?
-827
57
\
-276
1
1
1
1
2
1
2
-3
2
46
16
-4
22
12
1
(*)
5
(*)
17 -1,058 -734
w
i
-3
-5
71
41
42
45
46
201
-34
273
-76
38
71
47
-230
-56
-199
165
-140
-217
48
1,037
844
3,704
849
892
1,167
796
513
-22
2
2
1
2
-3
2
1
360
250
188
-48
266
-45
15
65
1
673
-123
1,600
285
454
631
230
524
50
39
48
17
-2
19
14
18
-685
-491
-5
-85
77
118
-115
-146
2
364
967
2,104
564
438
536
566
-11
-72
-37
-46
-16
4
-12
-17
1,045
741
193
37
189
-163
130
211
3
-22
22
SUKVEY OF CUREENT BUSINESS
June 1959
United States Balance of Payments by Area—
[Millions of dollars]
All other countries
Latin American republics
Line
#
Type of transaction
1956
1958
1957
1959
1958
1956
1957
Year
Year
1 Exports of goods and services, total
Military transfers under grants, net,
total.
2
Year
Year
Year
I
II
1,471
1,479
5,661
6,690
5,877
61
68
71
24
IV
III
1,443
1,484
28
12
7
1959
!
IP4
1,269
17
Year
I
II
Ill
6,160
7,258
6,531
1,631
1,679
652
825
937
243
248
5,508
6,433
5,594
1,388
1,431
{
!
IP4
IV
1
l,48l| 1,740
205
1,541
241
170
1,499
1,371
3
Other goods and services, total
5,600
6,622
5,806
1,447
1,451
1,431
4
Merchandise, adjusted, excluding military.
Transportation ,
Travel
Miscellaneous services:
Private
Government, excluding military
Military transactions
Income on investments:
Direct investments
Other private
.
Government
3,835
4,642
4,130
1,057
1,040
993
1,040
850
4,005
4,639
3,776
991
987
834 1
964
958
383
216
447
235
369
258
91
55
92
62
92
79
94
62
72
58
423
33
586
45
464
54
105
10
120
12
115
18 j
124
14
96
11
245
29
14
242
29
12
236
27
19
58
7
60
7
10
61
7
57
6
2
55
7
2
204
57
46
225
67
81
219
69
72
49
16
12
54
16
22
59;
18;
8i
57
19
30
54
17
21
800
44
34
915
60
40
653
67
47
151
15
8
149
17
14
171
16
10
182
19
15
176
17
15
687
28
25
720
38
32
852
43
45
188
8
9
198
11
11
202
11
111
264
13
14
190
11
13
5
6
7
8
9
10
11
12
Impor ts of goods and services, total
13
Merchandise, adjusted, excluding military.
Transportation
Travel
. . _
Miscellaneous services:
Private
- - Government, excluding military
Military expenditures
Income on investments:
Private
G overnment
14
15
16
17
18
19
20
21
1,477
1,252
1,224
1,276
1,185) 1,301
1,354
4,792
5,032
4,837
1,223
1,225
4,587
4,944
4,926
1,216
3,782
3,930
3,749
964
952
861
972
1,009
3,092
3,268
3,139
792
778
737|
832
959
356
363
391
404
344
416
74
106
90
94
88
113
92
103
34
108
261
134
338
151
376
179
82
48
96
44
97;
46;
101
41
52
53
174
63
29
174
67
37
173
69
49
35
17
17
38
17
9
50
17
13
50
18
10
36
19
10
20
87
964
20
97
1,030
18
99
1,066
2*
255
25
269
4,
26 i
260;
6
26
282
4
25
246
16
9
17
12
29
8
8
8
6
17
12
23
17
38
11
*
13i
10
10
869
808
1,658
1,590
1,040
969
248
224
269
241
293
281
230
223
1,573
921
2,314
1,489
1,605
668
415
172
296
91 1
439
198
187
17
-235
-167
-243
-172
-71
-47
-76
-48
-50
-38
-46
-39
-58 -2,015 -2,200 -2,324
-41 -1,363 -1,375 -1,387
-529 -564
—3241 -323
-526
-356
-43
-10
-12
-10
-11
-11
-71
-118
-24
-33
-28
-34
-12f
2
-26
-652
-825
-937
-26 -1,064 -1,096 -1,116
o-i
80
80
1,210
1,150
1,254
£
Balance on goods and services:
Total
Excluding military transfers
22
23
44
27
455
207
Unilateral transfers, net [to foreign countries (-)]:
Total
Excluding military transfers
24
25
26
Private remittances
__ _ . .
Government:
Military supplies and services
Other grants
27
28
29
U.S. capital, net [outflow of funds (—-)],
total.
30
Private, net, total
31
Direct investments, net
New issues
Redemptions
_ _
Other long-term net
Short-term, net
32
33
34
35
36
_ __
Government, net, total
37
38
39
40
__
!
Long-term capital, outflow
Repayments
_
Short-term, n e t
_____
-186
-125
-33
-45
-61
-83
-68
-112
-911
-1,541
-959
-201
-256
—227
-275
-815
-1,395
-488
-143
-216
i
-124
-592
-1,090
-95
-209
36
-58
9
-63
-169
10
-174
-141
-325
— 14
10
-47
-112
-96
-146
-471
-117
126
-105
-300
155
-595
151
-27
41
Foreign capital, net [outflow of funds ( — )],
total.
357
239
42
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
33
19
-5
-15
246
136
43
44
45
46
Gold sales [purchases (— )] by the United
States.
47
Foreign capital and gold, total
48
Errors and omissions and transfers of
funds between foreign areas [receipts by
foreign areas (— )], net.
Memorandum items:
Increase in total reported foreign gold
reserves and liquid dollar holdings. J
2
Through estimated transactions with the
United States.'
3
Through other transactions '
1
p
-120
-357
83
99
28
-81
—69
385
342
195
147
158
-40
240
99
141
25
-189
351
-283
163
-446
-115
-247
-40
-20
-435
-238
-502
-50
22
-22
-34
-130
-61
1<
-198
-87
_2
29
-239
-78
16
6
-140
—»
-Iffi
—52
(*7
-55
12
Of>
-194
-41
-57
-170
-278
-114
-210
-299
.. OJ
-53;
-215
-60
-56
-24
1
—24
-91
-39'
—6.
<*)
-13
5!
-125
-38
3
-77
22
10
-42
-20
-222
-151
-80
-458
-377
-364
-166
-53
-61
-84
-239
25
-184
50
-17
-140
34
26
-302
52
-208
-314
280
-343
-410
245
—199
-135
46
77
-116
116
-53
-59
35
-37;
-100
48
-32
-108
36
-78
-200
144
110
255
206
48
-17
40
135
158
9
21
6
10!
J
1
19
11
2
10
-224
12
73
30
130
-11
-58
-211
63
195
-210
67
-65
44
206
-459
215
73
-13
24
131 1
120
40
22
-56
-34
-10
5;
-17
17
-18
37
8
2
26
54
-12
-21
(•)
-413
-10
-20C
86
100
(')
87
-66
(-)
(•)
243
49
-9
42!
161
212
1,080
932
1,342
348
426
305 i
263
337
102
219
-457
241
2
-45
69J
191
19S-
105
1,314
482
388
411
337!
405
538
111
5
21
-150
19
255
-1,095
Preliminary.
* Less than $500,000.
nss Not shown separately.
* Quarterly details by areas may be obtained by writing to the Balance of Payments Division, Office of Business Economics.
1. See footnote 1 on page 20.
2. See footnote 2 on page 20.
-206
-49
-205 -241
-264; -254
19
°0
-96
51
5
-96
19
-45
-248
-310
-40
(«)
88
-866
-55
-243
-288
20
-23
2i
63
-64
-615
-190
-57
— 1<
-48
-124
-893
-199
-625
-377
-1(
-64
-58
296
-157
7|
-100
-219
-606
-363
-431
-938
1,541
-1, 300
-36
-456
-268J -214
-339
SURVEY OF CURRENT BUSINESS
June 1959
23
1956, 1957, 1958 Revised* and First Quarter 1959
[Millions of dollars]
Sterling area
International institutions
1956 1957
1958
Year Year Year
84
89
91
I
II
24
III
22
84
89
91
24
22
25
26
19
7
6
44
42
5
15
47
16
78
11
11
43
(*)
(*)
(')
(')
(*)
28
6
78
9
1959
IP*
IV
26
19
6 (')
11; 10
(*) i (*)
i; (*)
5
15
1958
1957
Year Year Year
19
26
1956
8
9
45!
9
II
I
Other countries
United Kingdom and other Europe
Total
1959
IP
I
II
Year Year Year
IV
III
I
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
1
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
2
106 3,557 4,161 3,908
904
939
880 1,185
894 1, 673 1,954 1,777
370
421
394
592
356 1,884 2,207 2,131
534
518
486
593
538
3
48 2,353 2,796 2,321
605
544
526
646
573 1,002 1,192
922
223
192
213
294
199 1,351 1,604 1,399
382
352
313
352
374
4
37
274
38
356
51
315
55
68
11
82
14
81
17
84
13
74
12
165
21
198
26
184
27
37
6
50
7
48
8
49
6
47
6
109
17
158
25
131
28
31
5
32
7
33
9
35
7
27
6
5
6
11
(*)
(*)
326
26
11
362
28
10
348
32
29
77
7
2
83
8
4
89
6
2
99
11
21
84
6
12
243
9
3
278
11
3
260
12
5
55
3
1
62
4
1
66
2
1
77
3
2
63
2
2
83
17
8
84
17
7
88
20
24
22
4
1
21
4
3
23
4
1
22
8
19
21
4
10
7
8
9
1
9
466
37
26
487
40
31
625
52
131
119
10
5
169
15
20
144
11
4
193
16
102
115
11
7
186
30
14
198
33
15
214
43
110
35
9
1
47
79
9
13
13 (•)
53
12
96
27 280
7
9
1 12
289
7
16
411
9
21
84
1
4
90
2
7
97
2
4
140
4
6
88
10
11
12
130 3,475 3,825 3,671
908
957
881
925
984 1,957 2,064 2,026
473
531
514
508
527 1,518 1,761 1,645
435
426
367
417
457
13
3 2.. 002 2,162 2,120
532
520
487
581
615
791
796
895
210
202
223
260
262 1,211 1, 366 1,225
322
318
264
321
353
14
247
189
273
202
262
217
57
44
81
59
70
72
54
42
60
48
205
93
218
94
211
103
44
9
69
33
57
44
41
17
48
10
42
96
55
108
51
114
13
35
12
26
13
28
13
25
12
38
15
16
2
8
58
1
9
49
10
44
9
41
17
18
19
]
20
21
nss
81
22
23
nss nss nss nss nss nss nss nss nss nss nss nss nss nss nss nss
-98 -86 -67 -17 -16 -15 -19 -16 -216 -210 -312 -82 -71 -81 -78 -80
24
25
-52 -55 -56 -13 -14 -14 -15 -13 -43 -52 -53 -15 -12 -11 -15 -17
26
nss nss nss nss nss nss nss nss nss nss
-1 (*) -170 -152 -254 -66 -57 -69 -62 -62
o
-3 -6 -5 -1 -2 -1 -1 -1
-3
27
28
29
10
38
I:
3
251
31
578
272
40
681
260
43
579
59
10
155
67
10
176
66
12
128
68
11
120
64
11
134
243
5
451
264
6
501
254
7
375
58
1
102
65
2
118
65
3
79
66
1
76
63
2
93
8
26
127
8
34
180
6
36
204
1
9
53
"~14
<•)
25
4
23
1
6
1
4
1
6
1
7
1
8
162
15
168
27
170
20
43
8
40
4
42
4
45
4
46
6
155
14
161
24
163
18
42
7
39
3
39
4
43
4
44
5
7
1
7
3
2
1
1
37
37
11
11
13
13
15
15
10 -24
10 -24
nss
82
nss
336
nss
237
nss nss
84 -171
nss
366
nss
446
nss
486
nss
99
nss nss
-4 -18
nss nss nss
nss nss nss nss nss nss
-1 260 -90 -284 -110 -249 -103 -110 -120
nss nss nss nss nss nss
nss
-92 -84 -60 -16 -13 -12! -19 -21 nss
-92 -84 -60 -16 -13 -12 -19 -21 -314 -296 -379 -99 -87 -96 -97 -96
-95 -107
(•)
-92 -84 -00 -16 -131 -12! -19;
-21 -213 -473 -151 -182 -27-113
12 -209 -477 -152 -183 -29 -113
-187 -366 -125 -154 -12, -75
2
16
lj
3
"38
16
10
-26 -38 -127 -37 -31 -18 -41
(*)
-33
-35
2
-348
12
1
1
-109
12 -561
-659
-450
12 -478
-233
-280
-83 -426
-170
-92
310
-6
173
46!
97
160
599
382 -459
12
11
1
4
2
4
3
157
123
-28
273
134
91
16
32
28
-79
2
-9
78
28 i
61
129
456
26 -141
-289 -436
-18
18 -43 -22
-78 -94 -54 -373 -210
-61
19 -32 -24 -24 -35 -105
-50 -179 -116 -105 -161
14 -122
-64 -57 -38 -11 -107
-67 -18 -15 -10 -24 -47
-83 -318
9
10
14
104
10
71
193
130
-130 -301 -207 -56 -56 -37 -58 -70
1
65
nss nss nss
-1 (*)
(*)
-3 -2 -1
(x)
205 -424
11 -242
-3
-8
36 -15
-20 -216
84 -226
43
-1 -11
-6
-255
64
108
20
-24
9 -15
-1 -1
2
1
-1 -12
241
553
392 -433
25 -227
-7 -10 -19
151
124 -35
-2 -10
5 -233
-4 -26
-12 -176
2
9
-3
28 -21
900
300
450
50
311
208
-9
-78.
222
424
47
56
2
-8
-16 -202
32
7 (*)
(*)
(*)
(*)
-225 -626
-19
-7
-6
—6
291 -13
167
40
97
165
21
18
25 -130
451
-1
225
109
118
177
174
77
864
605
294
73 -108
192
152
68
528
158
190
62
118
27
636
259
469
314
216
62 -123
260
520
508
-77 -159
35
47
395
291
78
484
-573 -718
649 1,004
-476 -616
89
300
-565 -916
229
;
65
(*)
52
3 -100
163
499
382
441
294
237
151 -158
150 -462
-182
76
55 -133
158
11
75
45
-100
100
36 -15
221 -422
—4 (*)
(x)
29 -35 -272 -223 -432
-23 -219
900
300
467
325
2
53
(*) 2
-4
61
-4
0)
9 -240
-167 -200 -213
-4 -25
31
-6
450
50
100
223
59 -140
-94 -134 -126
-5 -90 -54 -70 -19
-40 -27 -58 -11
— 15
-18 -10
1
1 (*)
3
-13 -26 -19
2
-23 -1
22
-63 -46 -40 -64 -107
30
31
32
33
34
35
30
37
41
46 -10 -26 -14 -15
6
7
i
10
215
9
-1
-4
2 (•)
—2
7 -30
20
42
6
1
43
17
7
44
-3 -15
9
-4 -14
-1
-9
-3
7
-1
-1 (-)
32 -16
38
(*)
221
453
392
218
240 -133 -223
-54
853
627
334
41 -149
193
369
104
179
164 -78
244
523
155 -123
15 -68 -368 -440
nss
176
221
106
46
nss
119
38
39
40
241
98
nss
92
-1 -83 -63 -61 -17 -14 -10 -20 -46
2
22 173
40
8
10
12
9
9
— 1 -106 -310 -192 -55 -44 -39 -54 -69
-7 -16 -22
-11 -193
1
3
1 (•)
(*)
-68 -136
~<x>
2
2
2!
nss
-2
-9
nss nss
-39 -23
-7 -8
-66 -14 -93 -104 -278 -157 -58 -10 -26
13 -35 -93 -77 -45 -115
-3 -355 -202 -173
10
—25 — 13 —40 — 7
-18 -10
-4 -25 -13 -40 -7 -15
4 (*)
13
1
1
16
9
16
3
4 (*)
13
22 -14
30 -64 -6
12
4
26
21 -105 -56
4
6
-26 -38 "~~21 -9 -22 -7
10 -119
36 -5 -8 -4 -2
23 -10 -41 -1
10
38
21
-33 -42
-5 -33
5
3 -29
2 (*)
1 0)
-28 -26 -25 -30 -30
nss
nss nss nss nss nss nss
nss
-21 -209 -175 -256 -67 -57 -69 -63 -62
-10 -14 -14 -4 -4 -2 -4 -4
2
-6
70 -169
-426
4
-4
6
115
2
(*)
IV
nss
106
51
(')
III
II
53
(*)
1959
IP
1959
IP
33
7 -19
7 -19
Line
1958
1956 1957
1958
Year Year Year
IV
III
1956 1957
1
-4
7
20
47
130
60
29
105
48
11 -22 -40
32
41
56
30
122
2
46 -10 -26 -14 -15
76
-3
22
9
116 -12
-71 -51 -94
45
46
284
251
21 -240
65
52
113
-74 -153
-24
1
11 -123
3. See footnote 3 on page 20.
4. Beginning with the first quarter of 1959 transactions with shipping companies operating under the flags of Liberia, Panama, Honduras, and Bahams -are shown in the column "International institutions/!
3
24
SURVEY OF CURRENT BUSINESS
Another major item is exports of commercial airplanes
which are now on order, and which will start to be delivered
by fall. At an average price of around $5 million, exports
of such planes should rise to an annual rate of about $500
million, and maintain that rate for well over 1 year. To
some extent, however, these sales involve credits, so that
the full effect on the balance of payments will be delayed.
Deliveries of military equipment for which orders have
increased recently will also raise our receipts, and a possible
decline of steel imports from the unusually high rate of $400
million during the first quarter would reduce our payments.
These changes which are now visible may improve our
balance of payments by perhaps $1 billion.
The acceleration of the business expansion abroad which
has already started can be expected to stimulate foreign
demand for U.S. goods and services. This may be offset,
however, at least in part, by a rise in our imports of goods
and services as a result of a further expansion of production
and incomes here.
During the period from 1953 to the year ended before the
Suez crisis, a simultaneous recovery here and acceleration
of economic growth abroad resulted in a reduction in our
net payments by about $1 billion at an annual rate. This
period does not include the extreme of the boom, which
developed abroad in 1957, and may represent a fair yardstick for what may reasonably be expected if business both
here and abroad continues to improve without reaching
inflationary proportions.
Certain developments may dampen the gains in our
balance of payments, however, particularly the better position of foreign countries with respect to fuels, which would
make it unlikely that coal exports would rise by $400 million
as they did between 1953 and 1956.
The remaining gap
The balance of payments problem is not likely to disappear as a result of these economic developments already
underway, or actions already taken. Its magnitude, however, is less than the current rate of net payments would
suggest, and well within our capacity to adjust.
An excess of payments over receipts in the balance of
payments is often due to an excess of domestic demand over
productive capacity, but this has not been the case here. All
through 1958, demand was less than the capacity of the
economy to meet it and even the recent rise in net foreign
payments can not be attributed to stringencies in the domestic supply-demand situation. The excess of payments
over receipts in our foreign transactions must be due to
other factors, therefore, which tend to reduce foreign demand for U.S. goods and services and increase U.S. demand
for foreign goods, services, and capital assets.
Some discriminatory restrictions on foreign imports from
the United States continue although they have been gradually reduced. In recent weeks many of the British restrictions have been eliminated, and the French restrictions
considerably reduced. The narrowing of the balance of
payments gap will depend mostly upon the strengthening of
our competitive position, however both in foreign and in
domestic markets.
U.S. competitive advantage
The second chart and the associated table indicate the
commodities which have shown the greatest and least growth
in our exports between 1953 and the year ended March 1959
and in which the United States presumably has the relatively
greatest competitive advantage or disadvantage in world
June 1959
markets. The beginning and end points for this comparison
have been chosen because both are low points in export
cycles and thus relatively little affected by cyclical
developments.
The chart shows that the groups of commodities with the
greatest growth in exports over the period as a whole also
had the largest growth during the cyclical upswing from
1953 to 1957, and were least affected by the subsequent decline from 1957 to 1958-59. Conversely, the commodities
which were most responsible for the recent drop in exports,
were those which contributed least to the previous rise, and
presumably are the ones in which we have the least
competitive advantage.
Among the commodities showing a larger than average
rise over this period are chemicals including synthetic rubber,
railroad equipment, and civilian aircraft, refrigeration and
air conditioning, oilfield, construction and mining equipment,
and certain specialized items of machinery, such as those
used in food processing industries. These are generally
items that require relatively long and expensive development, or items which were produced here ahead of other
countries, or where the foreign markets are still too small to
make local output on an economical scale feasible. For these
reasons, price considerations are relatively less important to
the sale of these commodities than to the marketing of other
types of exports.
Bather important among the fastest growing exports are
also certain agricultural products, particularly those which
are required to meet demands of people with rising incomes,
such as fruits, vegetable fats and oils, and certain grains,
used to a considerable extent as animal feed. To some extent, however, the rise in exports of some agricultural commodities was due to Government-financed shipments.
On the lower end of the growth scale are textiles, passenger
cars, and tractors—all representing industries for which relatively large markets have developed abroad and in which
developmental expenditures are now relatively less important. Although some of these industries require large capital
expenditures, this does not appear to have been a major
impediment to their development abroad, since capital for
industrial investments has achieved a large degree of international mobility, especially in recent years, and to a large
extent through U.S. investments abroad. The decline in
petroleum exports was in part due to the development of
lower cost production abroad, and the growth of refining
facilities in foreign countries.
Exports of wheat, corn, cotton, and tobacco, rose less
rapidly than exports as a whole. The same applies to iron
and steel mill products. The major capital goods categories
and trucks appeared to be grouped around the average. The
same appears to be the case with respect to most consumer
goods other than automobiles and textiles.
An improvement in our balance of payments may have
to come from a rise in our receipts relative to payments in
our transactions with the economically more advanced countries as well as in those with the less developed areas.
The large gains in reserves since 1957 were made by the
economically advanced countries, and our net receipts from
these countries can rise by a considerable margin without
impairing their international liquidity. By contrast, the
relatively underdeveloped areas generally have not added
to their reserves during the last year but, on the contrary,
frequently reduced them. Their total purchases abroad conform rather closely to their foreign exchange receipts.
Therefore, an improvement in our net balance with these
countries would be possible only if the balance on their
transactions with other industrial countries would change
in the opposite direction.
BUSINESS STATISTICS
WlontkL
JL HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement
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 ("j"), 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. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
1958
April
May
June
July
1959
SeptemDecemAugust
October November
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates :f
National income, total
bil.of dol
353. 9
364 3
373 5
Compensation of employees, total
do
Wages and salaries, total
_ _ do
Private
... __.do_..
Military.
do Government civilian
do
Supplements to wages and salaries
do
250.7
234 2
191 8
96
32 8
16.4
255 3
238 4
195 0
10 0
33 4
16 9
258
241
197
10
33
17
4
3
6
0
7
1
265 5
247 3
203 1
99
34 3
18.2
Proprietors' income, totaled. .
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_ _
45 6
30.7
14 9
12 1
45 5
31 1
14 4
12 2
45
31
13
12
5
8
7
3
45 8
32.4
13 4
12.5
32.5
32.0
16.3
15.7
5
38 0
37.9
19 3
18.6
2
44 0
45.2
23 0
22 2
12
Net interest
do
13 1
13 2
13 3
13 6
do
430 4
439 8
453 0
467 0
do
do
do _ .
d o
288.3
35.6
141 4
111 3
291.5
36 1
142 9
112 5
295.9
38 9
143 3
113 6
Gross private domestic investment, total. _ do. .
New construction
__ _ _
do_ _ _
Producers' durable equipment
do _
Change in business inventories
_do.._
50 7
34.9
22 3
-6. 5
54
36
22
—4
Net exports of goods and services \
do
Exports
___ _
do-._
Imports
do
Government purchases of goods and services, total ]
bil. of do! .Federal (less Government sales) J . _
do
National defense 9 - - -do._ State and local
. . _ ,_ _
__ __ do
Gross national product, total t—Personal consumption expenditures, total
Durable goods. _ _
Nondurable goods
Services.
_ _ ___
_ _ _
Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income
do_ _
do
do
Personal saving§
do
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates :f
Total personal income
bil. of doL.
300.5
40.1
145 2
115 1
-.
5
3
3
2
61 6
38 6
23 0
0
70
40
24
5
1.7
22 4
20 8
1.7
22 8
21.2
4
22 1
21 7
— 3
21 5
21 8
89.7
50. 7
44.1
39 1
92.0
52 2
44.5
39 9
95
54
45
41
2
2
3
0
96 6
54 3
45 8
351. 3
42.3
309. 0
358 6
43.5
315. 1
359 5
43 7
315 8
365 7
44.8
320.9
20.7
23 6
19 9
20 4
-...„
2
0
5
7
42 3
349.7
351.4
353. 4
i 355. 6
1360.1
357.2
358.7
358.2
360.7
359.9
363.0
365.4
369.5
r
373. 2
376. 2
232 0
95.0
74.3
62 4
33 4
41 2
89
233 1
95.6
74.6
62 6
33 4
41 5
89
235 8
96.6
75.4
63 3
33 g
42 4
89
i 242 2
97.1
75.9
63 5
33 7
i 4g Q
9 0
238 5
97.7
76.5
63 6
33 8
43 4
91
239 4
98.4
77.4
63 6
33 9
43 5
9 2
239 0
97.7
76.5
63 7
33 9
43 7
9 2
242 0
100.3
79.1
63 9
34 2
43 7
9 3
243 3
101.0
79.9
64 2
34 3
245 4
102.1
80.8
64 8
246 9
102.7
81.5
65 3
34 7
250 2
105.1
83.4
65 8
34 9
r 253 4
r
107. 5
85.0
66 2
25 ') 8
109. 0
8& 1
66 7
AA A
A A P.
do
do
30.6
15 0
30.7
15 2
30.8
14 6
31.0
14 4
31.1
14 4
31.3
14 3
31.6
Hi
31.8
32.0
Rental income of persons
do
Dividends _
do
Personal interest income _
do
Transfer payments. . _ .
__ _ _ do
Less personal contributions for social insur._ _do
12.1
12 4
19 3
26 1
6.6
12.1
12 4
19 3
26 4
6.7
12.2
12 5
19 3
26 0
6.7
12.2
12 5
19 3
26 5
7^0
12.2
12 5
19 4
26 8
6.8
12.3
12 5
19 5
27 0
6.8
12.3
12 4
19 5
%9
6.8
12.3
12 4
19 5
26 6
6.8
Wage and salary disbursements, total _ _ .
Commodity-producing industries, total. _
Manufacturing only
Distributive industries.. ._ . _ _ ._ .
Service industries
Government
Other labor income ._
Proprietors' income:
Business and professional
Farm
Total nonagricultural income
do
do
do
do do
do
do
do
1Q A
OA
K
9
A
95
32.3
32.4
12.4
12.5
12 5
19 8
°6 1
7.7
AQ Q
93
10
r
12.4
10 6
19 6
26 0
6.8
AA
19 t
19 6
25 8
7.7
9
1O A
9
or 9
K
32.8
12.5
90 n
9fi 1
7.8
T
3*i A
c
c c.
33.1
33. 1
9
12.5
12, f;
9n 9
26 3
7.9
r
m
9« v
7.9
331.0
332.4
339.2
335. 1 i 342. 0
340.9
340.3
348.2
343.2
342.4
345.8
352.1 ' 355. 9
3*& 0
r
Revised.
i Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements of $380 million multiplied by 12 (to
put on annual rate basis) amounted to $4.6 billion.
fRevised series. Estimates of national income and product and personal income have been revised back to 1946; revisions beginning 1946
ap
?£?r\on pp' 12 fi' of the July 1958 SuBVEY concludes inventory valuation adjustment.
JFor data in constant dollars and revised definitions for several components, (also data back
to 1950), see pp. 10 n. of the December 1958 SURVEY.
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.
508100°—59
4
S-l
SUEVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
July
1959
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
' 8, 281
2
GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
\llindustries
7,761
mil of dol
7,427
8,013
r
2,932
T
Manufacturing
Durable-goods industries
Nondurable-goods industries
do
do _
do
2,939
1,395
1,544
2,664
Mining
Railroads
Transportation other than rail
Public utilities
Commercial and other
do
do
do
do
do
239
202
369
1,511
2,501
223
140
320
254
156
413
1,633
1,717
2 541
r
2,447
Seasonally adjusted quarterly totals at annual rates:
\llindustries
bil. ofdol ;
1,257
1,407
6, 905
1
2,456
' 1, 144
T
1,312
1,376
1,556
T
8, 319
' 3, 056
' 1. 452
' 1, 604
3 151
1,549
1 602
'213
' 159
'408
1, 199
2, 470
'266
' 258
' 538
' 1, 498
' 2, 665
245
236
498
1,576
2 613
30. 62
i ' 32. 29
30.32
29.61
29.97
r
Manufacturing
Durable-goods industries
Nondurable-goods i ndustries
do
do
do
11.53
5.57
5.96
10.86
5.16
5.70
10 58
4 86
5.72
' 11 20 ' 11 95
r
5 26
' 5 75
r
5.94
'6.20
12 82
6 31
6 51
Railroads
Transportation other than rail
Public utilities
Commercial and other
do
do
do
do
.92
.77
1.40
5.97
9.73
1.29
6.10
9.85
97
58
' 1 02
95
' .99
' 63
'2.06
' 1.71
r
5 80
' 5 91
' 10. 33 ' 10. 36
1
2
5
10
.88
.63
1.62
6 26
9 96
2
33.39
97
07
06
94
53
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 eg^s
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
\11 commodities
1947-49=100
Crops
- - do_ _.
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
\11 commodities
1947-49=100
Crops
do_._
Livestock and products
do
2,214
2,305
2,532
2,920
3,025
3,553
4,052
3,544
3,087
2,909
2,276
2,216
2,198
624
1,574
392
885
259
2, 286 i
645
1,641
421
905
270 ;
2, 423
908
1,515
399
833
254
2,743
2,862
3,286
3, 935
3,478
1,832
1,646
3 034
1,516
1, 518
2,862
2.242
2,190
684
1,506
388
850
248
90
58
115
94 '
60 i
120
91
49
123
2,083
1,212
1,531
1,356
1, 506
383
870
258
371
848
272
354
360
1,052
1,173
282
304
364
958
310
363
881
260
366
888
238
347
768
223
99
85
111
113
113
112
118
126
111
135
148
125
162
194
136
143
171
121
125
141
111
118
125
111
92
82
100 i
90
64
110
96
53
128
111
97
121
125
131
121
131
144
121
145
161
133
178
218
148
156
191
129
139
155
126
127
135
120
104
94
112 !
100
70
123
127
127
131
125
136
140
143
144
140
142
147
149
' 151
P152
129
133
89
82
146
129
133
93 !
91 :
141 i
133
138
106
138
140
102
105
128
141
146
111
114
138
145
149
123
129
150
146
155
124
128
157
141
152
119
127
162
144
154
127
136
163
150
105
133
127
132
90
92
126
152
'163
154
170
167
' 154
166
' 155
' 171
169
P155
P168
p 156
p 170
- - do. __
do
do
do
do
148
118
139
126
165
146
119 1
135 !
124
159
149
125
138
125
162
144
123
133
120
158
150
133
142
119
186
156
141
151
128
195
158
136
150
127
194
167
136
153
131
197
168
136
152
133
190
168
134
156
134
199
172 i
135 l
162
142
202
' 174
138
164
147
' 196
176
142
165
' 149
'196
M78
v 145
T 168
p 151
p201
Transportation equipment 9
- - do
Autos
do
Trucks
- - - do_ ._
Aircraft and parts
do
Instruments and related products
do
Furniture and fixtures
do_ _
Lumber and products
do
Stone clay and glass products
do
Miscellaneous manufactures
do
181
89
90
561
160
108
107
135
125
181
99 !
96 !
553
157
108
110
141
125
183
100
91
568
159
113
120
148
130
175
87
76
561
157
113
106
148
126
173
53
78
573
160
124
130
155
135
170
37
67
583
168
130
127
160
143
184
71
89
582
171
132
131
155
147
211
160
112
591
174
132
126
153
144
214
161
100
595
176
132
109
145
137
211
154
110
587
176
132
116
141
133
212
149
133
587
179
134
124
145
137
'215
'217
164
'143
'581
184
' 135
133
'166 !
' 142
l
' 143
113
111
136
99
P217
P 162
v 147
P583
p 187
p 135
INDUSTRIAL PRODUCTION^
Federal Reserve Index of Physical Volume
Unadjusted, combined index
1947-49=100..
Manufaptures
Durable manufactures
Primary metals 9
Steel
Primary nonferrous metals
Metal fabricating (incl ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery
Electrical machinery
- - do
do
do
- - - do
do _ _
1,583
1,703
1,852
1,344
1,518
878
1.364
' 160
144
156
169
r
163
138
'583
' 183
135
125
'156
139
!
do
do
do
do
do
do
do
125
105
104
123
98
110
101
124
110
106
115
100
122
112
128
119
114
121
103
138
125
123
119
116
115
104
128
107
135
126
127
120
102
122
104
137
131
134
130
102
119
108
142
129
130
138
103
124
124
138
120
121
134
101
113
111
130
110
112
133
101
104
94
135
107
110
139
98
95
91
140
109
110
140
99
105
100
Tobacco manufactures
Textile-mill products 9
Cotton and synthetic fabrics
Wool textiles
Apparel and allied products
do
do .
do
do
do
125
94
100
82
106
99
159
153
109
86
86
67
99
92
145
137
130
103
107
76
117
108
168
159
125
103
111
75
113
105
169
159
130
109
112
75
121
109
181
171
128
107
118
71
117
108
170
164
103
100
106
62
105
102
153
148
130
113
122 i
do
do
118
93
98
71
105
92
153
147
121
107
110
Paper and allied products
Pulp and paper
112
94
96
67
108
95
156
152
Nondurable manufactures
Food and beverage manufactures
Food manufactures 9
Mieat products
Bakery products
Beverages
Alcoholic beverages
120
no
166
162
;
!
128
120
177
171
;
141
109
108
133
'99
113
109
121
113
122
' 130
116
176
'171
v 172
P 144
p 141
129
117
!
131
129
183
177
132
139
142
136
142
147
137
146
140
148
140
139
P 151
* 151
Printing and publishing
do
174
195
198
202
177
182
187
195
'205
195
177
207
180
Chemicals and allied products
do
183
211
184
202
214
226
190
217
218
231
184
186
Industrial chemicals
do
133
138
137
144
146
145
140
140
'148 ' ' v 143
131
124
P 141
127
Petroleum and coal products
do
141
146
148
147
157
' 154
136
149
151 !
159
160 '•
134
P148
Petroleum refining
do
143
103
122
137
150 1
127
145
137
158
159
112
115
138
Rubber oroduets
- - -~do
!
' Revised.
p Preliminary.
Estimates for April-June 1959 based on anticipated capital expenditures of business.
- Estimates for July-September 1959 based on anticipated capital
expenditures of business. Anticipated expenditures for the year 1959, and comparative data for 1956-58, appear on p. 4 of this issue of the SURVEY.
9 Includes data not shown separately.
tRevisions (annual data, 1946-57; monthly data, 1956-57) appear on pp. 18 and 19 of the November 1958 SURVEY; monthly data prior to 1950 are not available.
(^Revisions for 1956 for the seasonally adjusted indexes of industrial production and consumer durables output appear on p. 18 of the July 1958 SURVEY.
SURVEY OF CURRENT BUSINESS
June 1059
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-3
1959
1958
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION^— Continued
Unadjusted index— Continued
Minerals
Coal
Crude oil and natural gas
Metal mining
Stone and earth minerals
110
46
137
91
151
120
70
142
96
153
123
73
145
107
158
124
75
144
107
156
123
75
147
93
151
124
76
150
81
139
124
73
152
86
131
123
74
150
91
130
••122
'69
'149
'91
' 138
132
134
136
137
138
141
142
143
145
147
' 150 ! "152
134
139
103
136
141
102
138
144
109
139
145
113
140
146
122
143
151
123
144
152
123
145
153
125
148
157
138
150
160
146
' 153
164
'149
P168
M53
151
125
141
125
171
154
129
144
125
181
156
132
147
126
188
155
135
148
129
186
156
133
147
130
180
163
136
150
133
183
165
136
152
132
190
166
136
154
132
199
168
135
158
138
198
170
'138
159
'142
' 192
'173
142
163
'145
' 198
'" 178
T> 146
M68
P 148
"207
182
93
314
158
113
109
139
129
185
95
320
160
116
113
145
132
185
96
318
162
119
114
152
135
1S6
96
391
162
1°3
120
150
134
178
82
322
166
126
118
157
137
183
91
321
169
127
120
149
138
203
119
327
173
129
125
151
137
204
123
322
175
127
125
148
134
204
124
322
176
133
127
147
137
204
123
322
179
132
126
149
137
207
128
322
' 181
135
129
158
141
'211
132
'327
182
' 138
133
•• 166
' 146
"216
v 136
*> 332
9 189
p 14ft
125
113
115
108
117
92
106
126
114
114
114
115
92
106
129
116
116
116
116
95
110
132
116
116
114
121
101
115
133
116
116
115
121
103
114
133
115
116
114
• 121
103
116
134
115
115
115
120
104
118
135
116
116
119
126
104
117
135
117
116
121
126
104
116
137
118
117
121
121
106
117
139
r 119
' 119
121
130
108
' 140
119
' 120
117
121
110
r
121
' 142
119
120
* 143
94
152
137
178
182
127
112
97
153
137
178
182
129
113
100
157
138
181
187
131
125
104
163
138
184
193
136
125
103
166
140
186
1%
1^9
132
104
167
140
187
204
135
136
108
171
142
189
209
137
133
113
168
142
192
212
139
141
108
166
139
194
214
142
140
109
167
144
196
216
143
142
109
172
145
199
222
144
150
109
63
129
88
139
108
62
130
73
142
112
66
134
80
145
116
65
141
80
146
120
68
146
83
144
123
70
149
90
149
122
69
148
92
148
123
72
147
101
148
124
73
148
108
142
124
69
149
113
145
124
74
146
114
143
101
103
109
100
100
103
116
143
137
136
140
144
100
89
110
104
112
125
103
103
99
108
101
115
112
102
109
100
119
105
132
122
108
97
87
108
105
109
114
107
94
53
130
118
114
214
115
96
37
150
126
150
222
119
113
71
151
131
147
2^1
123
155
160
153
130
156
212
117
147
161
J38
130
137
163
113
145
J54
140
130
131
193
115
150
149
154
135
158
199
117
r 155
97
105
111
114
115
103
108
133
134
133
r 132
94
81
107
104
102
131
106
104
96
113
106
112
138
105
111
99
123
109
125
155
111
116
99
133
116
129
191
111
116
95
137
117
132
207
112
99
56
138
120
137
197
113
105
67
141
124
148
166
114
142
139
148
127
159
174
113
143
143
144
127
156
162
114
140
139
143
132
140
187
118
r 138
130
148
133
150
r 135
119
52.1
24.9
11.5
13.4
10.7
3.7
7.0
16.5
5.2
11.3
52.4
25.2
11.6
13.6
10.7
3.7
7.0
16.6
5.2
11.3
53.2
25.7
12. 1
13.7
10 9
38
7.0
16 6
5.1
11 4
54.0
26.3
12 3
14.0
11 0
38
7.2
16 7
5.2
11 5
54.4
26 4
12 4
14 0
11 1
4 0
7.2
16 9
5.2
11 6
54.8
26.8
12.7
14.1
11.4
4 1
7.3
16 6
5.1
11 5
55.6
27 2
12 9
14 2
11 5
41
7.4
16 9
5.4
11 6
56.1
27 5
13 3
14 2
11 6
4 3
7.4
17 0
5.5
11 4
57. 4
28 1
13 6
14 5
11 7
4 3
7.4
17 6
5.8
11 8
57.4
28 1
13 5
14 6
11 8
4 3
7.' 5
17 5
5.8
11 6
58.0
28 5
13 9
14 6
11 9
4 4
7.5
17 6
5.9
11 7
109
60
132
81
136
109
61
130
86
144
do
126
128
do
do
-- - -- --do
128
131
86
130
134
91
Metal fabricating (incl ordnance)
do
Fabricated metal products
_ -- - do
Machinery
do
Nonelectrical machinery
- -do
Electrical machinery
- - do
146
118
137
122
166
148
120
137
122
167
Transportation equipment Autos, trucks, and parts
Other transportation equipment
Instruments and related products
Furniture and fixtures
Lumber and products
Stone clay and glass products
Miscellaneous manufactures
178
86
316
159
110
107
135
129
.--1947-49=100.- - -- do __ . _ do _
do
do
Seasonally adjusted, combined index
.
Manufactures
Durable manufactures
Primary metals
do .
do
do
do
do
do
do
- - do
Nondurable manufactures
do
Food and beverage manufactures
do
Food manufactures
-- - do
Beverages
do
Tobacco manufactures
- - -do
Textile-mill products
do
Apparel and allied products
- -~ do
Leather and products
Paper and allied products
Printing and publishing
_ _ _
Chemicals and allied products
Industr'al chemicals
- Petroleum and coal products
Rubber products
Minerals
Coal
Crude oil and natural gas
M^etal mining
Stone and earth minerals
do
do _
do
do*.
do
do
-do
_ _.
_ _
--
do
do
do
do
do
115
72
133
100
150
r 120
106
173
145
'202
226
' 149
156
T
r
123
r 72
144
r H5
r
148
123
68
147
104 i
151
P127
J»72
*14*
v 151
*> 170
* 149
134
115
124
175
' 147
203
P 149
r 148
p 143
135
123
71
*> 145
113
155
v ]2<j
v 73
& 148
r
v 140
CONSUMER DURABLES OUTPUT^
Unadjusted, total output _
Major consumer durables
Autos
Major household goods
Furniture and floor coverings
Appliances and heaters Radio and television sets
Other consumer durables. _ _
Seasonally adjusted total output
Major consumer durables
Autos
__
. _.
Major household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets_
Other consumer durables.
1947-49= 100..
do
do
do
do _
do
do _
do
do
do
do .
do
_ __ do __
do
__
do _
__do
141
P 155
136
159
173
117
154
164
148
134
155
166
p 112
135
136
j> i4Q
141
142
142
r 145
147
145
134
140
189
T 115
P |4g
•p 153
163
r 151
r 133
139
r 179
121
j> if\2
v H6
P 119
BUSINESS SALES AND INVENTORIES^
Manufacturing and trade sales (seas, adj.), total
Ml. ofdol..
Manufacturing, total
do
Durable-goods industries. __ __
_ _ do .
Nondurable-goods industries
do
Wholesale trade, total
do. ..
Durable-goods establishments..
_ do
Nondurable-goods establishments
do
Retail trade, total
_ _ do
Durable-goods stores
do
Nondurable-goods stores
do
59.1
29 1
r 14 4
14 7
12 i
4 ^
7.6
17 9
6.0
r 11 9
60.5
30 2
15 1
15 1
12 4
4 7
7. 7
17 9
6.1
11 8
Manufacturing and trade inventories, book value, end
of month (seas, adj.), total
bil. ofdoL_
86.9
87.6
86.4
85.0
85.9
85.4
84.9
85.2
85.6
85.0
87.3
'86.4
85.9
4Q Q
cf) q
Manufacturing, total
_ do
51 5
50 9
50 2
49 8
49 3
49 3
49 4
49 5
49 2
49 3
50 8
Durable-goods industries
do _
29.4
29.0
28 5
28 0
28 3
27 9
28 1
27 9
27 9
28 1
29 2
28 8
28 4
Nondurable-goods industries
do
22.1
21.9
21.5
21.7
21.2
21 .4
21.4
21.4
21.4
21.3
21.5
21. 7
21.5
r
Wholesale trade, total
_ _ do
12 1
12 2
12 1
12 1
12 1
12 1
12 1
12 1
12 0
11 9
12 0
U Q
12 1
Durable-goods establishments
do _
6.2
6.3
6.2
6.2
6.2
6.2
6 2
63
6 3
63
63
64
63
5 7
Nondurable-goods establishments
do _ _ _
5.9
5.9
5 9
59
59
59
56
59
58
5 7
56
5 6
Retail trade, total
_ _ _ _ _ _ do _
23 5
24 1
94 o
23 9
23.9
23 6
24 0
23 9
23 7
24 2
r 24 2
24 4
24 1
Durable-goods stores..
_ _ _ _ _ do
10.8
10.8
10 7
10 8
10 5
10 3
10 7
10 8
10 5
11 0
11 0
11 3
11 1
Nondurable-goods stores _
do
13.2
13.1
13.3
13.3
13.2
13.2
13.2
13^2
13! 1
13.2
13'. i J
13^2
13^0
'Revised..
Preliminary.
cfSee corresponding note on p. S-2.
§ The term "business" here includes only manufacturing and trade. Business inventories as shown on p 8-1 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-"<0 and S-ll
fData
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'l951-56, on p. 32 of the August
1957 SURVEY.
SURVEY OF CURRENT BUSINESS
S-4
June 1950
1959
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
Novem- DecemAugust Se££m-| October
ber
ber
January
February
March
April
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
mil. of dol..
25, 248
25, 426
26, 122
24, 845
26,143
27,323
28, 820
26, 729
27, 954
27,329
27, 502
Durable-goods industries total 9
Primary metal
Fabricated metal
Machinery (including electrical)
Electrical
Transportation equipment
JVTotor vehicles and parts
do
do
do
do
do ._
do
do
Stone' clay and glass
Nondurable-goods industries total 9
Food and beverage
.
Tobacco
Textile
Paper
Ohemical
..
Petroleum and coal
Rubber
do
do
do
do
do
do
do
do
do
11,921
1,740
1,316
3,867
1,512
2,632
1,504
788
617
13, 327
4,227
362
965
883
1,944
2,516
438
11,960
1,757
1,350
3,772
1,526
2,675
1,568
788
652
13, 466
4,434
381
930
904
1,981
2,630
432
12, 584
2,052
1,452
3,967
1,624
2,637
1,514
803
677
13, 538
4,441
401
1,006
921
1,949
2,628
467
11, 317
1,632
1,433
3,455
1,418
2,436
1,419
757
662
13, 528
4,414
410
936
871
1,865
2,750
473
11,880
1,900
1,592
3,615
1,574
2, 103
1,103
894
710
14, 263
4,452
387
1.098
960
1, 983
2,787
442
12, 687
2,069
1,696
3,993
1,758
2,093
1,009
933
757
14,636
4,571
398
1,131
958
2,137
2,774
445
13, 584
2,300
1,684
4,112
1,865
2,588
1,458
982
757
15, 236
4,730
408
1,219
1,013
2,164
2,874
527
12, 911
1,999
1,415
3,736
1,728
3,208
2,104
843
640
13, 818
4,347
370
1,123
917
1,881
2,763
425
13, 717
2,117
1,415
4,085
1,843
3,646
2. 415
831
583
14,237
4,353
422
1,071
898
1,833
3,237
502
13, 066
2,195
1,417
3,797
1,580
3,275
2,197
829
561
14, 263
4,251
377
1,083
942
1,947
3,195
503
13, 501 ' 15, 280
15, 770
2,320 ' 2, 792 2,948
1,390
' 1, 622 1,717
4,125
' 4, 595 4,591
1,668
' 1, 791 1,755
3,215
' 3, 466 3,634
2,019
2,353
'2,304
853
'969
985
582
'724
774
14,001 ' 15, 284 15,066
4.155 ' 4, 483 4,419
364
'404
405
1,156
' 1, 243
1,206
938 ' 1, 018 1,046
1,853 ' 2, 132
2,240
2,946 ' 3, 107
2,967
456
526
- -do .
24, 945
25,206
25, 747
26,284
26,388
26,804
27, 158
27, 467
28, 135
28,143
28,481
' 29, 106
- dodo
do
do
do
do
do
._do
do
11, 532
1,657
1,302
3,748
1,567
2,466
1,361
791
605
13, 413
4,348
373
1,016
874
1,832
2,594
429
11, 643
1,656
1,331
3,736
1,572
2, 536
1,467
807
621
13, 563
4,416
363
994
895
1,875
2,657
428
12, 086
1,854
1,397
3,780
1,572
2,610
1, 572
822
645
13, 661
4,357
382
1,025
903
1,899
2,682
445
12, 256
1,917
1.454
3,808
1,577
2, 550
1,519
836
676
14, 028
4.371
390
1,061
937
1,979
2,806
478
12, 385
1,984
1,482
3,817
1,624
2,582
1,453
832
657
14,003
4,373
372
1,077
941
2,003
2,787
438
12, 723
2,065
1,593
3,999
1,712
2,438
1,318
850
701
14,081
4,312
386
1,027
949
2,071
2,860
464
12, 943
2,182
1,569
3,993
1,726
2,592
1.494
898
653
14, 215
4,377
385
1,042
947
2,077
2,903
493
13,295
2,113
1,553
3,951
1,728
3,040
1,866
891
667
14, 172
4,436
378
1,102
936
2,023
2,819
472
13, 613
2,256
1.586
3,975
1,710
3,184
2,046
884
655
14, 522
4,481
414
1,079
955
2,004
2,970
518
13,541
2,230
1,537
4,017
1,708
3,167
2,003
879
668
14, 602
4,522
428
1,102
942
1,932
3,043
508
13, 870
2,421
1,526
4,131
1,724
3,168
1,960
894
677
14, 611
4,479
428
1,140
977
1,930
3,037
490
' 14, 376
15, 123
'2,580
2,792
' 1, 605 1,667
' 4, 226
4,400
'1,704
1,807
' 3, 188
3,383
'2,060
2,129
'918
991
'731
759
' 14, 730 15, 109
' 4, 465 4,546
'416
418
'1,200
1,241
'988
1,036
' 1. 979 2,083
' 3, 046 3,059
506
do
51, 595
50, 862
50, 278
49, 357
48, 887
48, 910
49, 015
49, 160
49, 468
49, 776
50, 190
' 50, 626
29, 683
4,185
2,983
9,885
3, 684
6.956
2.821
1,814
1,282
29,182
4,126
2,938
9,771
3, 648
6,716
2,622
1,809
1,261
28, 698
3,999
2,987
9, 542
3,580
6,579
2,504
1,807
1,246
28, 116
4, 050
2,898
9,290
3,494
6, 384
2,375
1.786
1,228
27, 658
4,100
2,777
9.110
3,413
6, 302
2,374
1,725
1. 196
27. 745
4,099
2,785
8,918
3,356
6, 718
2,769
1, 691
1,164
27, 687
4,132
2.840
8, 862
3. 306
6.665
2,722
1. 664
1,148
27, 684
4,217
2,809
8,866
3,312
6, 593
2,666
1,683
1,162
27, 873
4,297
2,810
8.852
3,295
6,639
2, 635
1,728
1,188
28, 178
4,293
2,903
8,967
3,307
6,695
2,625
1,713
1,219
28, 566
4,286
3,008
9,125
3,376
6,738
2,704
1,723
1,249
' 29, 116
29, 408
' 4, 271 4,185
' 3, 151
3,285
' 9, 279
9,453
' 3, 452 3,536
' 6, 908 6,948
' 2, 766 2,841
' 1, 750 1,736
' 1, 265
1,275
1L9
10.1
21,912
4,520
1,915
2,675
1,483
3,858
3,372
1,078
7.6
11.6
10.0
21, 680
4,406
1,861
2, 675
1,455
3,783
3,343
1,051
7.6
11.3
9.7
21, 580
4,416
1,785
2,635
1,435
3,776
3,348
1,015
7.6
11.1
9.4
21, 241
4,468
1,726
2,584
1,413
3,708
3.314
960
7. 5
11. 1
9.1
21, 229
4, 644
1,746
2,499
1,404
3,674
3,340
963
7.7
11.3
8.8
21,165
4,736
1,783
2,432
1,391
3,647
3,369
983
1L3
8.7
21, 328
4.917
1,838
2, 385
1,395
3,686
3,374
981
ll!2
8.8
21, 476
4,958
1,861
2,371
1,405
3,724
3,390
998
1L3
9.0
21, 595
4,891
1,978
2,422
1,443
3,791
3,264
1,004
7.6
11.5
9.1
21, 598
4,831
1,994
2,462
1,451
3,787
3,199
1,023
7.7
7.9
8.1
11.5
11.6
11.6
9.4
9.6
9.7
21, 624 ' 21, 510 21, 595
4,777 ' 4, 662 4,640
1,997
' 1, 951 1, 910
2,490 ' 2, 502 2,522
1,474
' 1, 491 1,494
3,805 ' 3, 793 3,783
3,175 ' 3, 187
3,246
1,053
1,071
8.9
2.9
10.1
8.6
3.0
10.1
8.5
3.0
10.1
8.4
2.9
9.9
8.4
2.9
9.9
8.4
2.9
9.9
8.5
2.9
9.9
8.6
2.9
10.0
8.9
2.9
9.8
8.8
3.0
9.8
8.8
3.0
9.8
51, 486
50, 896
50, 246
49, 777
49, 425
49,296
49, 337
49,297
49, 209
49, 503
49, 861
27,877
4,058
2,896
8,954
3,366
6,576
2,623
1,730
1,223
27, 863
4,100
2,927
8,914
3,352
6,574
2,584
1,740
1,200
28,117
4,180
2,993
9,030
3,382
6,578
2,558
1,702
1,207
28,373 ' 28, 846 29,159
4,280 ' 4, 372 4,364
3,189
3,069 ' 3, 120
9,317
9,063 ' 9, 155
'3,454
3,494
3,417
6,893
6,608 '6,806
2,589 ' 2, 674 2,796
' 1, 722
1,702
1,706
' 1, 205
1, 201
1,226
7.6
11.3
9.0
21, 420
4,676
1,861
2.456
1,419
3,767
3,324
1,018
7.5
11.3
9.0
21, 346
4,646
1,904
2,469
1,443
3,748
3,264
994
Sales, value (unadjusted), total
Sales value (seas adj ) total
Durable-goods industries, total 9
Primary metal
.
.
Fabricated metal
Machinery (including electrical) - _..
Electrical
Transportation equipment
..
.
Motor vehicles and parts
Lumber and furniture
..........
Nondurable-goods industries total 9
do
Food and beverage
........ do
Tobacco
do
Textile
do...
Paper
do
Chemical
___.___do____
Rubber
Inventories, end of month:
Book value (unadjusted) total
. ----
Durable-goods industries total 9
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
do. _
Electrical
do
Transportation equipment
do
Motor vehicles and parts
do
Lumber and furniture
do
Stone, clay, and glass
_ _«
do
By stages of fabrication:!
Purchased materials
bil. o f d o l
Goods in process
do
Finished goods
do
Nondurable-goods industries, total 9 --mil. of dol_.
Food and beverage
- _
do
Tobacco
do
Textile
do
Paper
__
do_
Chemical
do Petroleum and coal
do
Rubber
do
By stages of fabrication :t
Purchased materials
- bil. of dol
Goods in process
do
Finished goods
do. Book value (seas adj ) total
mil. of dol
Durable-goods industries, total 9
do
Primary metal
do
Fabricated metal
do
3Vf achinery (including electrical)
do
Electrical
do
Transportation equipment
do
Motor vehicles and parts _ do
Lumber and furniture
do
Stone, clay, and glass
do
By stages of fabrication:^
Purchased materials
bil. of dol
Goods in process
- do
Finished goods
do
Nondurable-goods industries, total 9 —mil. of dol_Food and beverage
- do
Tobacco
do
Textile
do
Paper
- - do
Chemical
do
Petroleum and coal
do
Rubber
_ _ . . . - do By stages of fabrication:!
Purchased materials
bil. of dol_.
Goods in process
do
Finished goods
do —
'Revised.
9Includes data not shown separately.
29, 424
4,362
2,925
9,744
3,640
6.863
2.775
1,783
1,233
28, 981
4,277
2,852
9,636
3,573
6,721
2,622
1,772
1,236
28, 528
4,169
2.844
9,446
3,472
6,595
2,504
1,776
1,234
28, 311
4,122
2,814
9,323
3,456
6,584
2,513
1,773
1,228
28, 066
4.110
2,777
9,221
3,419
6,536
2,553
1,742
1,220
28, 048
27, 932
4,043
4,005
2,842
2,928
9.074
9,026
3. 386
3,345
6. 751 ! 6. 594
2.792
2.651
1,721
1.732
1,212
1,221
8.0
11.8
9.7
22, 062
4,765
1,896
2,606
1,468
3,839
3,441
1,047
7.8
11.6
9.6
21,915
4,759
1,880
2,584
1,455
3,796
3,377
1,020
7.6
11.4
9.5
21,718
4,761
1,859
2,572
1,435
3,747
3,348
986
7.5
11.3
9.5
21, 466
4,706
1,836
2,550
1,413
3,722
3,314
980
7.4
11.3
9.3
21.359
4,638
1.838
2,524
1,418
3,734
3,274
1.024
7.5
11.3
9.2
21,248
4,598
1.838
2,499
1,405
3,747
3,271
1,024
7.7
11.3
9.0
21, 405
4,694
1,857
2,490
1,423
3,760
3,276
1,022
8.6
8.6
8.5
8.7
8.8
8.8
8.8
8.8
8.7 !
2.9
3.0
2.9
2.9
2.9
3.0
2.9
3.0 !
2.9
9.8
9.8
9.9
9.8
9.7
10.2
10.0
10.4
9.7
JData beginning January 1953 appear on p. 20 of the September 1957 SURVEY.
21, 386
4,669
1,881
2,487
1,451
3,764
3,264
1,013
7.8
11.4
9.2
21,488
4,740
1.902
2,476
1,459
3.744
3,273
1, 032
8.6
3.0
9.8
8.6
3.0
9.9
l\A
9.0
' 30, 564 30,836
'8.8
'3.0
9.7
30,232
51, 003
8.7
3.1
9.8
' 50, 323 50, 825
8.1
8.3
'11.5
11.5
9.3
9.3
' 21, 477
21,666
' 4, 752 4,824
' 1, 876
1,891
' 2, 451 2,457
' 1, 462
1,479
' 3, 742 3,763
' 3, 286 3,312
1,030
8.6
3.0
9.9
8.6
3.0
10.0
May
SURVEY OF CURRENT BUSINESS
June 1950
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-5
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
r
24, 254
25, 032
26, 359
25, 239
26, 096
26, 855
28, 667
27, 368
28, 033
28,215
28, 916
Durable-goods industries, total §O- - -do _ .
Primary metal
do
Fabricated metal
._ __ _ - -do _ _
Machinery (including electrical) §
do
Electrical
- - - do
Transportation equipment (including motor vehicles)
mil. of dol
10, 879
1, 457
1,255
3,724
1,511
11,486
1,738
1,362
3,681
1,670
12, 727
1,872
1,436
3,958
1,762
11, 667
1.768
1,501
3,601
1,622
11,807
2,006
1,599
3, 666
1, 475
12,301
2, 136
1,673
4,020
1,762
13, 395
2,341
1, 666
3,929
1,722
13, 452
2,265
1,393
3,656
1,676
13, 796
2,294
1,429
4,052
1,885
13, 897
2,835
1,462
3,868
1. 518
14,759 ' 16, 427 15, 590
3,450 ' 3, 033 2,672
1,601 ' 1, 688 1,597
4 229 r 5, 193
4,625
1,809
1,628 r 2, 133
2,072
2, 255
2,808
2,366
1,866
1,630
2,674
3,587
3,501
3,057
Nondurable-goods industries, total- - . . . _ do
Industries with unfilled orders 9
do
Industries without unfilled ordersf
do
13,375
3,001
10, 374
13, 546
2,920
10,626
13, 632
2 998
10,634
13, 572
2,806
10, 766
14, 289
3,139
11, 150
14,554
3,096
11,458
15,272
3,420
11, 852
13, 916
3,213
10, 703
14, 237
3,026
11,211
14,318
3,112
11,206
14, 157 r 15,416 15,116
3,313 ' 3, 557 3,461
10, 844 ' 11,859 11,655
^ o\v orders net (unadjusted) total
mil. of dol
31, 843
r
2,884
3, 589
30, 706
3,706
24, 498
24, 998
25, 785
26, 450
26, 096
27, 047
27, 903
27, 797
28, 365
28, 502
29, 702 ' 30, 214 30, 995
Durable-goods industries, total §O
do
Primary metal
__ _ . . _ - _ d o
Fabricated metal
do
Machinery (including electrical) §
-.. -_do- .Electrical
do
Transportation equipment (including motor vehicles)
mil of dol
10, 833
1,543
1,230
3,596
1,470
11,423
1,671
1,322
3,690
1,674
12, 245
1,952
1,496
3,592
1,511
12, 512
2, 044
1,501
3,770
1,650
12.177
2,063
1,523
3,851
1,578
12, 859
2,334
1,578
4,242
1,849
13, 530
2,414
1,602
3,975
1,703
13, 574
2,262
1,601
4,019
1,872
13, 673
2,210
1, 458
4,047
1,890
13, 900
2,727
1,523
3,937
1,564
14,918 r 15, 308 15, 582
3,236 ' 2, 681 2,827
1, 685 ' 1, 608 1,566
4,198 'r 4 , 839 4,585
1,841
1,682
2, 094
2,093
2,265
2,678
2,691
2,245
1,946
2,835
3,007
2,958
3,038
3, 422
3,614
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders^
13, 665
3, 193
10, 472
13, 575
2,920
10, 655
13, 540
2,828
10. 712
13, 938
2,954
10, 984
13, 919
2,990
10, 929
14, 188
3,127
11,061
14, 373
3,196
11, 177
14, 223
3,150
11, 073
14, 692
3,289
11, 403
14, 602
3,143
11,459
14, 784 r 14, 906
3,381 r 3, 453
11,403 r 11,453
15,413
3,682
11, 731
46, 510
46, 116
46, 353
46. 747
46, 700
46, 232
46, 079
46, 718
46,797
47, 683
49, 097 ' 50, 376 50, 246
44, 017
3, 757
3 038
16, 184
9,143
43, 543
3 738
3 050
16,093
9,287
43, 686
3,558
3 034
16, 084
9,425
44, 036
3,694
3 102
16, 230
9,629
43, 963
3,800
3,109
16, 281
9,530
43, 577
3 867
3 OS6
16^ 308
9 534
43, 388
3,908
3 068
16, 125
9.391
43, 929
4 174
3 046
16^ 045
9,339
44, 008
4 351
3 060
16, 012
9,381
44, 839
4,991
3 105
16, 083
9,319
46, 097 r r47, 244
6,121
6 362
3 316 r 3 382
16, 187 r 16, 785
9,279 r 9, 621
17, 203
16, 783
16,954
16, 884
16, 647
16 184
16, 270
16, 649
16, 504
16, 286
15, 955
2,493
2,573
2,667
2,711
2,737
2 655
2,691
2,789
2,789
2,844
3,000
11,329
11,943
11, 991
12, 454
12, 234
12 932
13, 633
12, 090
16, 458
18, 765
1,458
1,341
1,260
1,253
1,127
1,039
1,271
1,121
1,082
116
209
257
737
139
108
207
242
659
125
99
161
235
640
125
99
181
255
613
105
106
158
206
549
108
87
163
187
506
96
99
176
215
657
124
97
176
190
550
108
88
176
185
515
118
thous. of doL_
83,977
56, 246
61, 445
65, 375
50, 765
48, 103
47, 268
56, 718
do
do. __
do
do
do
13, 497
9,612
29, 538
23, 657
7,673
3,812
10, 771
17, 912
18, 279
5,472
7,719
7,390
18, 959
21, 692
5,685
4, 164
13, 966
22, 673
18, 784
5,788
3,126
8,687
15. 742
14,347
8,863
2 046
7,841
18 167
14, 112
5 937
5 306
6,771
12 141
16, 103
6 947
5 881
9,483
19 496
16 549
5 309
Failure annual rate (seas. adj. )*..No. per 10,000 concerns.
59.7
55.3
57.3
58.2
54.0
53.4
57.4
55.9
51.3
51.1
50.9
243
N"ew orders net (seas adjusted), total §
do
do_.-.do ...
do
Unfilled orders, end of month (unadj.)» total-
do-
Durable-goods industries, totalO
-do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
- .-do
Electrical
- do
Transportation equipment (including motor vehicles)
mil. of dol
Nondurable-goods industries, total 9
do
T
3,038
r
16, 078
r
47, 064
6 086
3 262
16,819
9,675
16, 150
3, 132
3, 182
15, 758
18, 119
17, 554
1,273
1,161
1,263
1 292
96
188
215
642
132
104
164
207
582
104
117
185
210
625
126
121
166
202
671
132
57, 069
73, 564
58, 592
65 051
71 907
3 590
10 058
18 411
14 397
10 613
6 559
8 274
17 062
33 197
8 472
4
6
17
22
7
5
11
22
20
5
9
8
16
22
13
BUSINESS INCORPORATIONS^
New incorporations (48 States)
number
INDUSTRIAL AND COMMERCIAL FAILURES^1
Failures, total
-
- number. _
Commercial service
- ..
Construction
Manufacturing and mining
Retail trade
Wholesale trade
Liabilities (current), total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
do
do
do
do
__.do
-
547
911
444
327
363
304
589
558
348
252
994
623
501
839
950
50.4
52.0
244
244
245
' 220
' 264
' 254
223
230
254
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS?
Prices received, all farm products
Crops
Commercial vegetables
Cotton
_ __ -_
Feed grains and hay
Food grains
256
'250
250
248
'255
249
247
244
' 245
232
'251
246
161
222
223
208
246
164
199
222
192
260
163
192
221
176
281
160
192
228
182
292
157
196
221
205
281
149
201
' 218
234
273
143
201
213
220
256
151
199
215
do
do
do.
do
262
234
256
474
264
233
200
'474
270
234
168
474
274
228
163
265
230
136
320
217
124
474
267
212
111
241
210
121
' 478
' 485
' 499
._ do
do
do
do
do
272
239
339
r
175
'207
••276
231
'352
r
173
'201
'272
'274
' 272
'274
274
288
265
do
. __ .. _ do_
. . .
do
do
do
Fruit
.
Oil-bearing crops
Potatoes (incl. dry edible beans)
_
Tobacco
__ _
Livestock and products.
Dairy products
_
Meat animals
Poultry and eggs
Wool
257
239
••295
236
159
225
1910-14=100
.
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..
Parity ratio©...
do ..
r
r 227
238
'348
r
169
'215
'348
' 167
'211
' 165
'211
'278
' 263
'340
' 171
'204
275
288
266
274
287
274
287
274
287
274
286
294
295
294
293
293
87
87
85
85
85
265
265
248
337
264
270
'333
155
205
225
221
123
505
218
223
117
505
210
225
135
265
' 264
154
203
r 498
217
214
126
211
218
129
' 504
' 499
' 273
' 272
' 270
270
264
328
329
r 161
' 203
' 202
274
288
270
' 328
r 155
' 199
' 161
' 200
' 261
264
161
205
r 238
152
199
r 162
274
287
' 267
' 238
218
T 268
' 258
322
r 159
197
249
327
' 154
197
' 508
261
' 240
336
135
220
26*f
163.
205
22&
230
217
508
25$
232
33$'
T'Jfi
24W
276
265
263
274
287
276
288
265
275
288
OAQ
9fV7
of>7
OCQ
294
294
294
295
298
297
298
299
299
r 87
85
84
S3
Q9
89
89
CO
«*>
265
276
287
276
°87
* Revised.
Corrections of March 1955 new orders figures in 1957 BUSINESS STATISTICS appear in corresponding note in October 1957 SURVEY and later issues.
©Includes data not
shown separately.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero
IFor these industries
(food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
cTData are from Dun & Bradstreet, Inc.
*New series: based on number
tf concerns listed in Dun & Bradstreet Reference Book. Data back to 1934 are available upon request.
J Revised beginning September 1952 to incorporate information from the 1955 Farm
Expenditure Survey The changes include: (1) Revision of weights, (2) linkage of the new indexes to the former series as of September 1952, and (3) expansion and improvement of commoditr
coverage. Unpublished revisions (prior to April 1958) will be shown later.
© Ratio of prices received to prices paid (including interest, taxes, and wage rates)
SURVEY OF CUEEENT BUSINESS
S-6
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1059
1958
April
May
June
July
1959
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..
220.6
220.6
220.6
221.0
220.5
220.7
220.3
220.7
220.0
Consumer price index (U. S. Department of Labor):
All items
1947-49= 100. .
123.5
123.6
123.7
123.9
123.7
123. 7
123.7
123.9
do
---do _
do
do. do —
106.7
121.6
112 5
136.6
115.9
106.7
121.6
111.8
137.4
116.6
106.7
121.6
111.7
134.3
118.3
106.7
121.7
112.4
131.9
119.2
106.6
120.7
113.0
124.9
117.7
107.1
120.3
114.1
120.7
115.8
107.3
119.7
114.5
121.0
114.6
107.7
119.4
114.5
121.1
113.5
dodo
- do _ _
do
do
do
127.7
116.0
104.0
137 3
142.7
128.5
127.8
116.5
104.0
137. 5
143.7
128.5
127.8
116.9
104.1
137.7
* 144. 2
128.6
127.7
117.0
104. 0
137.8
145. 0
128.9
127.9
117.5
103.3
138.1
145.3
128.9
127.9
118.0
103.6
138.2
146. 5
128.7
127.9
118.1
103.4
138.3
147. 1
128.8
128.0
118.1
103.5
138.4
147. 4
129. 1
117.0
138. 3
127. 6
186. 1
127.2
116.6
138.7
128.0
186.1
127.2
116. 7
138.9
128.0
187.7
127.2
116.6
140.3
129.3
189.5
127.2
116.7
141.0
130.1
189.5
127.1
116.6
141.3
130.4
189.8
127.1
116.6
142.7
131.8
190.4
127.2
119.3
119.5
119.2
119.2
119.1
119.1
100.3
125.1
120.9
101.7
124.9
121.0
100.7
124.7
120.7
100.0
125.0
120.8
99.1
125.3
120.6
98.4
125.4
120.9
Apparel
Food 9
Dairy products
Fruits and vegetables
Meats, poultry, and
Housing 9
Gas and electricity
Housefurnishings
Rent
Medical care
Personal care
Reading and recreation
Transportation
Private
Public
- - Other goods and services
--
fish
-
do _ . .
- -do _
- - -do. _
--- - --- do
- - do
--
WHOLESALE PRICESd" $
(U. S. Department of Labor indexes')
4.11 commodities
1947-49=100
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc
_do
Finished goods©
- -- do
r
r
r
r
220.0
219.6
0
123.7
123.8
123.7
123.7
2 123. 9
107.5
118.7
114.3
120.1
113.0
166.7
119.0
114.1
121.7
113.8
106.7
118.2
114.0
121.2
112.6
107.0
117.7
113.8
120.7
111.3
107.0
117.6
112. 9
123.6
111.5
128.2
118.2
103.6
138.7
147. 6
129.0
128.2
118.2
103.2
138.8
' 148. 0
129.4
128.5
118.5
103.8
139.0
' 149. 0
129.8
128.7
118.5
103.8
139.1
' 149. 2
129.7
128.7
118.2
103.8
139.3
149. 6
130.0
117.0
144, 5
133.6
191.1
127. 3
116.9
144.3
133.3
191.8
127.3
117.0
144. 1
133.1
191.8
127.3
117.1
144.3
133.3
191.8
127.4
117.3
144.9
134.0
192.0
127.3
117.7
145.3
134.4
192. 6
128.2
119.0
119.2
119.2
119.5
119.5
119.6
120.0
119.8
98.0
125.4
120.6
98.4
125.7
120.6
97.0
126. 3
120.5
98.1
126. 3
120.8
98.0
126.5
120.7
98.9
126.7
99.6
127.2
120.8
98.5
127.3
120.5
r
r
r 120. 6
98.5
95. 6
97.7
95.0
93.2
93.1
Finn products 9
^o
92.1
91.5
91.1
90.8
90.6
-90.8
92.4
92.3
122.0
102.0
129.2
Fruits and vegetables, fresh and dried.
do
106. 3
97.2
97.9
105. 9
107.0
98.1
102.5
99.2
93.6
114.2
101.5
84.2
81.3
85.7
79.8
76. 1
77.3
Grains
- - do
76.1
77.0
78.6
75.3
77.7
76.1
79.7
76.8
99.8
98.8
94.5
94.0
Livestock and live poultry
- - do
96.7
88.4
91.5
90.5
90.1
90.3
91.1
91.9
87.6
88.4
112.9
113.5
111.5
112.7
Foods processed 9
_ _ . _ - do
111.3
111.1
107.6
109.5
108.7
107.7
107.2
108.8
107. 2
110. 0
117.9
118.4
118. 5
117.5
116.9
Cereal and bakery products
do
117.8
117.7
117. 5
119.5
118.0
117.4
119.0
118.9
118.2
110.9
111.4
110. 6
112.2
111.4
D^iirv products and ice cream
do
113.7
113.4
113.0
111.7
113.0
113.0
113.5
112.0
113.5
r
108. 2
107.6
110.3
111.3
Fruits and vegetables, canned and frozen
do- _
111.8
111.4
110.6
110.8
110.4
112.9
113.0
r 111.2
110.6
112.1
112.8
114.1
108.5
112.1
108.2
Meats poultry and
fish
- do
107.1
100.9
102. 5
103.3
101.4
99.6
101. 4
100.8
103.5
125.3
125.5
126. 1
125. 3
125.6
Commodities other than farm prod, and foods, -do
126.2
127.8
126.8
127.5
128.3
127.2
128.1
128.3
126.4
110.7
111.0
110. 8
110.4
110.0
109. 9
Chemicals and allied products 9
do
109.9
110.2
110.2
110.0
109.8
110.0
110.0
110.2
123.9
124.3
123.5
123.1
Chemicals industrial
- - do
122.8
122.7
123.7
123.6
123.8
123.6
124.0
123.7
123.9
123.6
94.1
94.3
94.5
Drugs and Pharmaceuticals
do _
94.4
94.4
94.4
93.0
93.2
93.0
93.2
93.0
92.8
' 92.9
93.9
61.5
61.9
62.2
62.5
62. 5
Fats and oils, inedible
- -- -do
61.7
58.9
64.7
59.9
60.8
61.5
60.3
60.4
62.6
110.3
110.3
110.3
104.4
108.0
Fertilizer materials
_ _ _ _ do
104.3
107.5
105.2
107.5
107.6
105.3
107 5
107.5
106.3
128.4
128.4
128.2
128.2
128.2
128.4
Prepared paint
do
128.2
128. 2
128.2
128.3
128.2
128 4
128.3
128.2
110.3
111.0
110.7
111.9
Fuel power, and lighting materials 9 - - --do __
114.1
113.7
114.8
113.4
112.6
113.9
112.9
115.0
• 114.0
113.0
119.7
119.8
120.3
121.9
126.2
Coal
do
121. 1
122.7
125.3
123.8
124.6
118.9
123.7
119.3
123.8
100.0
100.0
100.1
Electric power
January 1958= 100100.1
100. 8
100.8
100.8
100.8
100.7
100.8
100.9
100.7
100.8
100.9
98.3
98.1
97.4
97.9
102.0
104.1
Gas fuels
do
112.0
106.0
112.7
109. 9
107.8
113.1 - 108. 6
106.3
114.7
115.3
115.8
117. 1
Petroleum and products
1947-49=100
119.2
119.5
119.7
116.9
118.2
117.2
119.9
118.3
119.4
117.5
r
123.4
123.2
123.0
123.2
Furniture other household durables 9
do
123.0
123.0
123.3
122.7
123.3
122.8
r 123. 5
123.5
123. 4
123.0
104.9
104. 9
105.3
104. 8
Appliances, household
_ _ _ _
do
104.7
104.0
104,8
103.8
105.0
103.8
' 105. 0
105.0
105. 1
104.2
122.8
122.8
122.5
122.6
Furniture household
do
1 .22. 6
122.8
124.1
124.1
123.7
123.9
124.1 T 123. 4
123. 6
123.0
91.1
92.6
91.2
92.2
Radio receivers and phonographs
do _
91.3
91.3
89.1
90.2
89.1
89.6
89.7
-89.7
89.7
91.3
70.7
70.7
Television receivers
do
70.0
71.1
71.2
71.2
70.2
70.2
70.2
69.3
69.3
70.2
70.2
71.2
99.9
99.7
100.3
100.3
Hides skins and leather products 9
do
100.5
100.2
105.4
104.1
102.3
103.6
108.5
118.4
117.8
101.4
121.8
121.7
121.8
121.8
Footwear
_do_ .
121.8
121.9
123.3
122.
9
123.2
123.
1
123.6
r
128.
2
128.9
122.8
53.3
55. 4
57.0
58. 1
60.4
Hides and skins
- do 59.0
65.1
73.0
68.7
66.6
87.7
98.6
108.5
62.0
91.1
91.1
91.8
91.5
Leather
do
91. 5
91.3
94.7
101.0
99.3
99.2
103.6
120.4
124.5
92.8
115.9
115.7
116.4
116.8
Lumber and wood products
_
do
118.6
120.4
120.0
119. 8
122.5
120.5
124.2 r 126. 3
127.
\\
120.8
115. 9
116.7
116.8
116.7
Lumber
- do
119.0
121.0
123.1
120.2
120.1
121.0
128.7
125.5 r 126. 8
120.8
149. 4
149.4
149. 5
149.5
Machinery and motive products 9
do
149.5
149.4
151.2
151.8
152.0
152.2
151. 5
152.1
152.3
149.9
r
138.4
138.5
138.3
Agricultural machinery and equip
do
138.4
137. 7
138.9
141. 8
142.9
143.0
••142.9
143.1 r 143. 0
143.1
139.2
165.4
165.5
165. 5
Construction machinery and equip.
do
165.6
165.6
166.0
171. c
171. 4
168. 0
170.9
170.3
171.7
•' 172. 0
166.8
151.8
152.3
152.6
152. 6
Electrical machinery and equipment
do
152.8
152.7
152.5
152. 4
152.6
152.4
153.4
153.1
153.0
152.7
139.0
139.0
139.0
139. 0
Motor vehicles
- - - do
139.0
139.0
142.8
143.
1
143.2
143.
1
143.2
143.
143.2
139.7
148.6
148.6
148.8
148.8
150.8
Metals and metal products 9
do
151.3
152.9
153.0
153.4
153. 0
152.
- 153.6
152.8
152.2
120. 8
120.8
121.2
121.0
Heating equipment
do
121.2
121. 5
121.4
121.8
121.8
121.9
121.
122.0
- 121. 7
121.4
166.4
166.2
166.7
167.0
Iron and steel
-- -- do
171.3
171.8
172.0
172. 5
172.0
171.7
171.9
170.
170.8
171.4
r
124.1
123. 9
124.8
Nonferrous metals - ..
do ._.
124.9
126. 1
127.3
133.7
133.2
134. 1
133. 2
- 136. 1
136.
134. 7
130.8
135.4
135. 4
135.2
Nonmetallic minerals, structural 9
- do
135.3
135.2
136.7
136.7
137.2
136.7
137.5
136.9
137. 7
138.
138.3
155.6
155.5
Clay products
- do 155.6
155.6
155. 6
158. 2
158.4
159.3
158.2
158.8
159.6
160.
159.9
160.0
127.9
128.2
128.4
Concrete products
do
128.3
12S. 1
127.9
128.1
128. 6
128.4
129.0
128.1
- 129. 3
129.
129.4
133.1
133.1
133.1
133.1
Gypsum products
do
133.1
133. 1
133.1
133. 1
133.1
133.1
133.1
133. 1
133.
133.1
Pulp, paper, and allied products
do
130.5
130.5
130.5
131.0
131.0
131.7
131.9
131.5
131.9
131.3
131.7
132.
132.0
132.2
Paper
do
142.9
141.8
141.8
141.8
141.8
141.8
142.1
142.1
142.1
142.1
142.1
142.0
143.
143. 3
143.8
144.5
.Rubber and products
- - - do
144.2
144.7
144.4
145.2
146.6
146. 3
146.0
146. 1
146.7
146.1
148.
147.5
152.1
Tires and tubes
-.
do 152.1
152.1
152.1
152.8
152.8
152.8
151.9
152. 8
151. 9
151.9
152.8
151.9
151.'
93.7
93.5
Textile products and apparel 9
do
93.3
93.3
93.3
93.3
93.1
93.3
93.3
93.7
93.2
94.1
94.
'93.9
Apparel
__
-- do
99.2
99.1
99.1
99.3
99.3
99.3
99.2
99.3
99.3
99.3
99.3
99.3
99.3
99.
88.3
Cotton products
do
88.5
87.4
87.6
87.7
87.9
88.0
88.7
89.6
88.6
90.2
87.8
90.3
90.
Silk products
do
116.5
116.1
109.9
116.2
116.3
115.8
106.0
104.7
105. 1 109. 3
112.1
114.
113.6
107.1
r
Manmade fiber textile products
do _ .
80.3
80.5
80.4
80.1
80.0
79.7
79.3
79.3
79.4
79.8
79.7
80. 1
80.6
81.
Wool products
do
101.6
1-00. 5
101.3
100.5
100.4
99.6
97.4
97.9
97.5
97.7
98.4
-97.8
99.5
101.
'Tobacco mfs. and bottled beverages 9
-- do 128.0
128.0
128.0
128.0
128.0
128.8
128.0
128. f>
m
:
128.6
132.1
128.9
132.
132.2
Beverages, alcoholic
do
120.1
120.1
120.1
120.1
120.1
120.1
121.7
121.7
121.7
121.7
121.7
121.7
121.7
121.
Cigarettes
_ .
- do 134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.8
134.
Miscellaneous. - _
_. _ _ ...do
97.8
96.2
93.7
97.2
95.6
91.2
92.5
100.8
93.2
100. 9
98.5
97.0
98.8
95.
Toys, sporting goods
do
119.1
119.1
119.1
119. 1
119.3
118.6
118.6
118.6
117.8
118.6
117. 9
- 117. 2
116.9
117.
1
» Revised.
Discontinued by the compiling agen cy.
2 1ndex base d on 1935--39 =100 is 207.2.
9 Includes data not shown separately.
cf For a ctual whc lesale pn ces of inc ividuai c munoditi es, see res pective commodities.
I I tevised b<jginning , anuary : 958 to in corpora
TBPPl«/ir!I woicrhtincr
incr 1Q^4
"EMrrn
weighting Qtrnnfnro
structure rnflor>f
reflecting
1954 valiinc
values. Figures
are directly comparable with data lor December 1957, with the exception of the electricity and gas components
IB Goods to users, including raw foods and fuels.
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-7
1958
April
May
June
July
1959
August Septem- October Novem- December
ber
ber
January
F
£>™-
March
April
May
COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale prices
Consumer prices
_
1947-49=100
__do_ _
83.8
81.0
83.7
80.9
83.9
80.8
83.9
80.7
84.0
80.8
84.0
80.8
84.0
80.8
83.9
80.7
83.9
80.8
83.7
80.8
83.7
80.8
83.6
80.8
83 3
i 80.7
i 83 5
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY}
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 o
mil ofdol
Industrial
__
-do
Commercial
do
Farm construction
do
Public utility
do
3,636
4,000
4,347
4,548
4,707
4,751
4,745
4,448
4,024
3,666
3,475
3,792
' 4, 172
4, 595
2 551
2 752
2 959
3 082
3 153
3 172
3 184
3 119
2 887
2 610
2 500
2 698
2 918
3 160
1.289
1,421
1,015
1,559
1, 125
1,645
1,205
1,708
1, 275
1,732
1,315
1, 764
1,340
1 741
1,330
1 605
1 260
1 448
1 150
1 369
1, 070
1 530
1,215
1 714
1 340
1 867
1 430
945
296
355
382
388
382
366
354
370
288
243
245
261
318
376
677
218
263
126
446
698
204
285
146
470
735
193
315
160
486
754
185
326
169
494
743
179
316
173
512
741
174
315
161
520
750
175
319
134
519
760
178
327
114
487
722
176
305
100
444
660
173
268
98
390
638
167
262
101
380
628
161
265
111
416
629
156
272
124
438
687
154
320
143
448
1,085
1,248
1.388
1 , 466
1,554
1,579
1 561
1 329
1 137
1 056
975
1 094
r I 254
1 435
374
80
335
296
386
88
455
319
411
95
545
337
421
105
585
355
428
120
635
371
430
135
645
369
427
140
630
364
379
125
485
340
361
110
350
316
356
105
285
310
322
98
265
290
366
105
295
328
383
118
386
132
545
372
do
3, 881
3,879
3,929
3, 981
4,041
4,119
4,279
4,378
4,473
4,539
4,537
4,544
' 4, 464
4, 460
do
2,699
2. 696
2, 725
2 760
2,799
2 847
2 944
3 015
3 049
3 095
3 120
3 106
3 095
3 099
1,351
1,348
1,386
i 434
1 496
1 540
1 623
1 682
1 715
1 787
1 817
1 811
1 803
1 787
733
222
294
133
468
733
210
302
133
466
729
195
311
134
459
724
187
308
133
453
702
179
294
133
453
695
172
291
135
460
706
172
296
134
464
717
175
309
134
464
716
173
305
134
467
688
170
288
130
475
684
167
287
129
476
682
164
293
130
468
687
159
305
130
461
794
159
339
130
444
1,182
1,183
1 204
1 221
1,242
1 272
1 335
1 363
1 424
1 444
1 417
1 438
r \ 3gg
1 361
Nonresidential buildings
_ _ do_ __
380
375
384
383
385
390
395
406
86
Military facilities!
do
88
90
94
102
112
120
118
Highway
_
do_ _
414
410
426
424
432
436
505
470
CONTRACT AWARDS
Construction contracts in 48 States (F. W. Dodge
Corp.):f
Total valuation
mil. of dol
2,881
3, 403
3 607
3 467
3 820
3 216
3 309
2 594
Public ownership _ _ _ _ _ _ _ _ _ _ _ _
do_ __
1,053
1,463
1 233
1 720
1 550
1 049
927
1 071
Private ownership
do
2 167
1 939
1 828
2 100
2 234
2 058
1 667
2 238
Nonresidential buildings:
Floor area
thous of sq ft
63 836
76 099
68 128
75 453
75 653
62 943
69 698
57 331
Valuation
_ _ _
_ mil. ofdol__
1,124
958
976
1 076
1 079
892
775
955
Residential buildings:
Floor area
thous. of sq. ft__ 113, 755 124, 189 125, 122 140, 037 131, 709 130, 373 143, 784 107, 112
Valuation
_
mil. ofdol
1,240
1,346
1 364
1 557
1 451
1 460
1 206
1 595
Public works:
Valuation
. _____
_ _ do
551
713
876
723
705
541
518
532
Utilities:
Valuation...
_ __ _ _ _
do
132
220
603
250
232
323
228
95
408
125
538
399
130
559
373
129
552
391
130
557
389
130
274
135
491
2 282
o 319
2 3Q7
3 340
1 395
1 519
1 507
2 471
Public total
Nonresidential buildings
Military facilities
Highway
Other types
do
_ __do_
do
do
do
New construction (seasonally adjusted), total
Private total?
Residential (nonfarm)
do
Nonresidential buildings, except farm and public
utility total?
mil, of dol
Industrial!
-__do_ __
Commercial!
do
Farm construction
do
Public utility
do
Public, total?
Engineering construction :
Contract awards (FNR)§
. do _
mil. ofdol
Highway concrete pavement contract awards :c?
Total
thous. of sq. yd__
Airports..
do
Roads. _ _ _ _ _
_
_ _
do_ _
Streets and alleys
_.
_ _ do_
887
co rpn
800
800
869
r 405
348
r 5QQ
3 778
l' 207
O R71
55 86 5
50 192
748
818
704
69 202
913
1 187
88, 236
981
92, 468
1 029
95, 248
1 073
139, 389
1 541
162 246
1 8m
481
372
403
478
ftOQ
72
108
126
408
•too
1,583
2,314
1 900
2 482
1 622
] 348
1 621
1 112
1 352
1 641
1 314
1 644
I nns;
13, 328
2,239
7,439
3,651
11,637
3, 685
4,261
3,691
11,863
2,475
6,450
2 938
18, 366
6, 631
7,999
3 737
11,173
1,256
6, 520
3 398
10, 354
512
6,609
3 233
7,905
143
5, 189
2 572
8,589
604
5,697
2 288
10, 261
794
6, 775
2 692
8,964
2, 076
4,775
2 114
6,756
996
4,531
1 229
7,255
981
4,333
1 941
9,171
848
5,115
1
Qi'7
Q 9f»7
NEW DWELLING UNITS
(U.S. Department of Labor}
New permanent nonfarm dwelling units started:
Unadjusted:
Total, privately and publicly owned. _ .thousands. _
Privately owned, total
do
In metropolitan areas
_ _ _ _ _
do
Publicly owned
_
do
Seasonally adjusted at annual rate:
Privately owned, totalj
do
Residential construction authorized, all permit-issuing
places:
New dwelling units, total
___ _ thousands
Privately financed, total
Units in 1 family structures
Units in 2 family structures
Units in multifamily structures
Publicly financed, total
do
do
do
_ _ do_ _
do
99.1
108.5
113.0
112.8
124.0
121.0
115.0
109.4
91.2
87.0
' 94. 5
120.0
137.0
134.0
94.2
65.0
4 9
101.3
69.5
108.6
78 1
4 2
114.6
78 3
9 4
110.9
76 9
10 1
112.9
78 3
2 1
107.0
72 3
2 4
89.5
62 8
17
84.1
59 7
2 9
' 93. 5
117.0
en 1
133.2
7.2
101.3
70 6
11 7
130.6
Qn p.
983 0
1, 039. 0
1 057 0
1 174 0
1 228 0
1 255 0
1 303 0
1 427 0
1 439 0
r £)Q g
r
1 0
0
f\
1 0^4 n r i 4/yj n
88.0
92.0
95.8
98.5
95.7
101.0
100.8
83 1
69 3
71 3
72 3
109 6
86.2
68.0
88.5
71.3
96.4
74.7
91.6
72.9
93.6
75 3
98.7
79 0
3 7
16.0
81.0
60 6
33
17 1
67.7
50 2
29
14 6
1.6 '
68.5
49 0
3 2
16 3
71.4
52 5
34
15 4
108.4
81 4
55
21 5
15.3
2.6
3.4
14.8
5.8
3.0
14.2
7.3
3.3
18.5
2.1
3.4
15.3
4.1
3.4
14.8
7.4
2.1
2.1
.9
0
0
i 3Qn n
85.4
66.3
3.7
no i
h2
T
Revised.
* Preliminary.
i Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 43.7 (May); consumer prices, 48.3 (April)
(thous.): Total, 71.4; privately financed, 68.7; 1 family structures, 52.4.
2
Revisions for March 1958 for new dwelling units authorized
SURVEY OF CURRENT BUSINESS
S-8
UnHess otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June
1958
April
May
June
July
1959
DecemAugust SeptemOctober 1 N°bveerm'
ber
ber
January
February
March
April
May
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
138
Department of Commerce composite
1947-49 = 100...
American Appraisal Co., The:
675
Vverage, 30 cities
1913=100.737
Atlanta
do
730
New York
do
619
San Francisco
- - do
666
St Louis
do
494
Vssociated General Contractors (a^l tvpes^
- do
E. H. Boeckh and Associates: §
Average, 20 cities:
Apartments, hotels, and office buildings:
291.4
Brick and concrete
U.S. avg. 1926-29=100..
283.0
Brick and steel
do
281.1
Brick and wood
do._
Commercial and factory buildings:
302.3
Brick and concrete
do
301. 7
Brick and steel
do
281.8
Brick and wood
do
276.8
Frame
_do_.
288.5
Steel
do _
Residences:
281.6
Brick
do
272.1
Frame
do
Engineering News-Record :cf
153.4
Buildinsr
1947-49=100
165.9
Construction
do
Bu. of Public Roads— Highway construction:
Composite standard mile
1946= 100..
CONSTRUCTION MATERIALS
119.4
OMt put index composite unadjusted
1947-49=100
117.2
Seasonally adjusted
-. -do
121.9
Iron and steel products, unadj
_do._ _
115.3
Lumber and wood products, unadj
do
143.6
Portland cement unadj H
do
REAL ESTATE
Home mortgages insured or guaranteed by —
Fed Hous Adm • Face amount
thous. of dol__ 305, 559
85, 017
Vet Adm • Face amount
do
Federal Home Loan Banks, outstanding advances to
815
member institutions
mil. of dol__
New mortgage loans of all savings and loan associa920
tions, estimated total
. mil. of dol_.
By purpose of loan:
316
Home construction
do
354
Home purchase
do
250
All other purposes
._
do
IV^w nonfarm mortgages recorded ($20,000 and under),
2,022
estimated total
_ - _
mil. ofdol.
3,661
N on farm foreclosures
number..
F -re losses
- ...
thous. of dol_. 99, 061
138
139
139
139
139
139
139
139
139
140
140
141
677
737
730
619
670
498
680
737
730
635
670
498
681
737
736
635
670
502
683
738
737
637
671
503
690
756
741
639
671
504
691
756
741
640
671
504
691
756
741
641
671
504
692
756
741
641
671
504
693
756
753
641
672
505
693
765
753
641
672
506
694
768
753
641
672
507
696
768
753
644
672
509
703
771
754
658
688
511
292.2
283. 5
281. 6
294.7
285. 8
283.4
296.1
286.9
284.3
296. 7
287.7
285. 5
296. 9
288.0
285.6
298.3
289.6
286.7
298.8
290.1
287.0
299.6
290.7
287.4
301.1
291.9
288. 5
301.2
292.1
289.3
301.4
292.2
289.5
302. 8
293. 5
290.9
304.7
295. 2
292. 3
303.4
302.5
282.2
277.2
289.0
305.9
304.5
284.2
279.5
290.7
307. 6
305.8
285. 1
280.3
291. 5
308.3
306. 6
286. 0
281.8
292.1
308. 5
307.2
286.2
281.8
293.2
309.7
308.1
287.1
282.7
293.8
310.1
308 7
287. 4
282.9
294.4
311.2
309.5
287.8
283.2
295. 0
312.8
310 7
288.9
284.5
295. 9
312. 9
310.9
289.5
285. 7
296. 0
313.0
311 0
289 7
286.0
296 1
314.7
313.0
290.8
287.7
298.6
316.7
314 7
292. 3
289. 1
299.9
282.2
272.4
284.1
274.4
285.0
275.2
286.3
276.4
286.3
276. 5
287.3
277.5
287.5
277 7
288.0
278.0
289.2
279 1
290. 0
280 2
290.2
280 4
291.6
282 0
293. 1
283 3
154.1
167.2
155.1
168. 3
155. 5
168.7
158.2
170.7
158.7
171. 1
158.2
170.9
158 2
170.8
158. 6
171.8
158 9
171.9
159.8
172.5
160 6
173.2
161 0
174. 5
162 2
141.6
139. 2
141.6
131.5
123.0
139. 2
119.5
175.1
137.4
128. 2
153.3
117.5
179.9
128.9
133.5
122.0
118.7
178.5
138.9
126.3
129.3
131.2
189 5
139.0
133.0
131.4
131.8
189 0
146.2
129.7
134.2
144.1
196.5
120 7
126.6
112.1
119.1
167 7
114.0
132.3
108.2
117.9
141.1
311, 111
72, 703
342, 568
97, 505
367, 940
126, 727
371, 405
155, 860
479, 877
189, 350
500, 786
239, 396
457 422
216, 058
175. .=>
140.8
r
r
1)7 6
125 6
109.8
123.1
111 3
' 131.0
110.0
100.0
137 3
142.3
140.0
128.3
145 5
174 0
510, 264
257, 108
585, 280
276, 178
506, 322
238, 320
529, 826
260, 493
490 161
230, 597
r 115. 7
r 120. 5
803
929
901
939
1,010
1,083
1, 123
1,298
1,146
1,101
1,087
1,183
1,019
1,107
1,180
1,180
1,215
1,290
1,053
1,136
1,013
1.012
1,257
1,359
346
406
266
379
461
268
374
511
296
373
538
269
401
537
277
428
570
291
345
469
239
376
488
272
317
442
254
326
429
257
439
515
303
480
562
318
2,151
3.507
85, 633
2,275
3, 663
90, 048
2, 543
3,774
80, 782
2, 535
3,518
75. 491
2,596
3,820
73, 303
2, 857
3,881
73, 393
2,432
3,339
71, 539
2,629
3, 522
100, 523
2,352
3,801
112, 983
2,245
3,307
98. 120
v 2, 590
3,933
99, 610
90, 689
211
218
161
181
145
28
447
215
232
162
188
135
28
444
219
225
165
195
154
24
461
219
232
157
199
127
28
474
53, 939
3,642
15, 408
11,874
5,554
6,031
11,430
52, 076
3,884
15, 370
12, 064
5,453
6,764
8,541
•• 48, 885
3,632
' 13, 863
10, 848
5,421
6, 112
9,010
55, 520
4.009
15,429
11 643
6,123
7,025
11 290
41, 070
1 767
4,950
1 005
3 740
5, 578
1 713
2,271
2 455
56, 400
2 935
4,644
2 783
5 827
9,071
2 965
3,681
2,894
70,080
4 888
7,428
3 317
6*723
9,145
4 326
5,306
3 816
1 322
2 426
21.384
2, 776
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted:!
Combined index
1947-49 = 100. Business papers
do
Magazines
. do _
Newspapers
do
Outdoor
doRadio (network)
.
- do
Television (network)
1950-52=100
Tide advertising index, unadjusted... .-1947-49=100.TVIevision advertising:
Network: 9
Gross time costs, total
thous. of doLAutomotive, including accessories
_.-do .
Drugs and toiletries.. - - _ . ._
... ..do ...
Foods, soft drinks, confectionery
- do
Soaps, cleansers, etc. ...
- _ . . do. .Smoking materials
-.- ._
do.- All other
_. . - .
-_do
Spot:*
Gross time costs, quarterly total
- do .
Automotive, including accessories
do_-_
Drugs and toiletries
do
Foods, soft drinks, confectionery
do- -_
Soaps cleansers etc
do
Smoking materials
. . do-_
All other _.
._
_.. . ...
do ..
Magazine advertising cost, total
do
Apparel and accessories
.
do
A utomotive,
incl. accessories
do
0
Buildin " materials
do
Drugs and toiletries
__ _ do- Foods, soft drinks, confectionery
do
Beer, wine, liquors
- do
Household equip., supplies, furnishings
do
Industrial materials
- ..
._do
Soaps, cleansers, etc
do
Smoking materials
- do ...
All other..
- .--do
207
221
148
181
159
30
432
205
228
148
179
153
33
418
210
217
157
191
165
28
417
208
211
158
189
163
28
406
202
208
149
182
158
26
409
200
218
143
180
145
29
400
215
217
162
202
169
28
430
208
221
156
179
156
27
433
219.1
219.1
203.6
172.6
163.0
197.8
242.5
227.2
47, 651
5, 158
12, 637
9, 576
5,716
4,795
9.770
47,918
5,162
12,103
9, 633
5, 696
4,981
10, 342
43, 769
4,068
11,772
9,093
4,706
4,808
9,323
41,119
2,979
12, 560
9,051
4,398
4,550
7,581
41,509
3,136
12, 274
8,877
4,556
4,718
7,949
42, 417
3,870
11, 363
9,133
4,815
4,933
8,303
52, 526
5,178
14, 537
10, 783
5,084
5,948
10, 995
52,009
3,999
13, 962
11, 032
4,816
6,771
11, 430
40. 625
4,165
3,047
1,417
4,893
5,360
2,143
2, 065
2,292
113, 184
1,438
22, 378
32, 282
16, 015
8,330
32, 741
61, 224
7,450
2,742
3 478
5,826
6,879
3 166
4,446
3,916
69, 727
5,424
6, 505
3,372
6, 241
7,517
3,475
7,711
4,914
1,226
2,051
21,290
66, 070
5,033
5, 861
3,894
6,618
6,713
3,215
6,540
5, 042
1,003
1, 78G
20, 364
130, 353
1,915
26, 329
39, 905
14, 575
8,918
38. 711
58, 303
2,859
5,201
3,171
7,231
7,939
3,444
4,761
4,011
39, 145
71, 529
5 273
6, 355
2 684
7,026
9,080
4 071
7,099
3,980
1,652
2, 536
21, 771
74, 915
4,410
9,727
2 534
7,373
9,617
4 506
6,608
3. 675
1 016
2,709
22, 738
149 105
1,936
30 696
52, 191
18 261
5,800
40, 221
54, 261
3,479
4,831
73, 862
5 244
7,973
695
4 635
4,922
6 038
7,141
8*042
6 399
3 931
3,647
7,674
2,708
4 409
674
521
478
499
972
880
394
1 392
1,791
1,610
2,366
2,026
2,561
2,290
1 777
2*082
16, 985
11,711
12, 973
19, 789
17, 574
18, 429
15, 421
22. 441
r
Revised.
§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.
iData prior to
August 1957 will be shown later.
JRevised beginning January 1956; unpublished revisions (prior to January 1958) will be shown later.
9 Series beginning January 1958 made available
through courtesy of Television Bureau of Advertising, Inc. (data compiled by Leading National Advertisers, /we.,"and Broadcast Advertisers Reports, Inc.).
*New series (from Television Bureau
oi'A'toerfising, Inc.; data compiled by N. C. Rorabaugh Co., Inc.); data back to 4th quarter 1955 will be shown later.
770
3,741
1,625
5,820
5,777
2,507
2,378
2, 686
SURVEY OF CURRENT BUSINESS
June 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-9
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Magazine advertising linage total
thous. of lines
Newspaper advertising linage (52 cities), total - do _ _
Classified
do
Display, total
do
Automotive
_ -do
Financial
do
General
_
_-_ -- do
Retail
do
4,835
4,357
3, 615
3, 172
4,032
4,990
4 942
228, 010
53, 490
174, 520
13,314
3,878
240, S79
56, 766
184,113
13, 729
3,416
34, 841
132, 127
226, 239
54, 976
171, 263
12, 564
3,816
33, 022
121, 860
197, 970
51, 455
146, 516
10, 349
4,405
25, 806
105, 955
211,567
55 555
156, 022
10, 028
2 611
23, 859
119 526
224, 642
53 406
171 236
8,938
3 522
29 608
129 167
259, 226
55 071
204 155
17, 092
4 131
39, 486
143 447
32, 660
124, 668
4 678
252
53
199
13
3
33
149
862
268
594
565
672
309
047
3 637
230
45
185
8
4
24
148
4 510
4 069
193
51
141
8
5
22
105
978
796
182
458
264
451
008
5 320
196 096
50 742
145 353
9 172
3 598
27 607
104 976
525
738
787
853
721
058
155
236
59
177
12
4
30
129
459
326
134
150
801
720
463
4 522
255
63
191
15
4
35
135
002
152
850
710
783
590
767
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:f
Goods and services, total
-bil. of dol
288.3
291 5
295 9
300 5
do-__
do
-do__-
35.6
13.5
16.6
36 1
13 2
17 3
38 9
15 9
17 4
40 1
17 1
17 4
.. -- do_ _
do_-_
do _ _
- - do -
141.4
24.0
78.6
10.3
142 9
24.8
78 5
10 5
143
24
78
10
3
9
6
7
145 2
25.2
79 5
10 8
do
- do
do __
do.-_
111.3
16.7
36.9
9.1
112
17
37
9
113 6
17 2
37 5
9 4
115 1
17 5
Durable goods, total?
Automobiles and parts
Furniture and household equipment
\ondurablegoods,total9-- Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
_
Services, total 9
Household operation
Housing
__
Transportation
5
0
2
2
07 8
9 5
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
.__ mil. of dol.
Durable-goods stores 9
do
Automotive group
do
Motor- vehicle, other automotive dealers do _ _ .
Tire, battery, accessory dealers - .
do_- _
16,273
17, 364
16, 603
16, 596
17 000
16 326
17 360
17 039
21 174
T 16 225
r 14 961
r 17 190
r 17 589
5 261
2,934
2,751
183
5 625
3,082
2,879
203
5 590
3 047
2,842
205
5 444
2 907
2,692
215
5 360
2 789
2, 583
206
5 080
2 447
2 259
188
5 379
2 613
2,407
205
5 343
2 756
2 561
195
6 390
3 214
2 965
?49
5 121
3 017
2 856
161
4 927
2 899
2 748
151
T 5 831
3 464
3, 283
181
T 6 208
r 3 566
3 349
217
Furniture and appliance group
Furniture, homefurnishings stores
Household-appliance, radio stores
do
do
do
761
498
263
840
557
284
847
539
308
840
528
312
872
567
305
850
546
304
932
609
323
937
613
395
1 176
723
453
784
486
298
746
475
271
808
521
287
' 839
555
284
Lumber, building, hardware group
Lumber, building-materials dealers
Hardware stores -
do
do
-do
876
652
224
991
734
257
992
754
238
1,002
775
227
1,005
782
223
1,038
812
225
1,083
841
242
929
704
225
919
631
9g8
697
523
174
684
517
167
844
651
193
1,041
796
245
do
__do
do _
do
do
- do
11,012
1,056
183
420
243
210
11 739
1 058
191
425
238
202
11 013
'963
197
358
226
182
11 153
867
166
334
206
162
11 639
954
160
373
236
185
11 246
1 042
167
418
256
200
11 981
1 135
198
457
287
194
11 695
1 119
210
451
273
185
14 784
1 854
391
744
459
260
do
do
do
do
-do
521
1,171
4,048
3 575
1,252
544
1,272
4 418
3 930
1 335
520
1,283
4 104
3 621
1 331
524
1,372
4 251
3 767
1 410
539
1,406
4 360
3 877
1 448
538
1,276
4 068
3 594
1 346
556
1,280
4 344
3 875
1 384
541
1.204
4 188
3 720
1 338
738
1,243
4 475
3 947
1 369
do
do
do
-do
do
1,667
963
112
275
323
1,784
1,035
120
283
364
1,651
961
108
266
337
1,576
893
106
270
362
1, 768
1,013
120
298
381
1,781
1,049
129
289
360
1,932
1,146
147
305
384
2,018
1,201
161
308
390
3. 358
1, 952
234
649
596
Estimated sales (seasonally adjusted), total. .do
16, 502
16, 562
16, 581
16, 721
16, 859
16, 562
16, 941
16, 961
17, 605
Durable-goods stores 9
- do
\utomotive group
do
Motor-vehicle, other automotive dealers, do
Tire, battery, accessory dealers
--do
5,163
2 769
2,584
185
5 235
2 812
2,616
196
5 149
2 736
2,551
185
5 221
2 803
2,615
187
5 214
2 703
2, 510
193
5 095
2 600
2,412
189
5 374
2 819
2,625
194
5 521
2 goo
2.702
204
5 827
3 256
3,060
1%
3,047
211
5 869
3 249
3,045
204
Nondurable-goods stores 9
\pparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
_Grocery stores
Gasoline service stations
-
-
General-merchandise group 9
Department stores, excl. mail-order o"
Mail-order (catalog sales)
Variety stores
Liquor stores
r
11 104
868
172
359
183
154
581
1,158
4 382
3 914
1 282
r 1, 444
842
' 108
223
•3KA
r
10 034
750
138
322
160
130
534
1,070
3 869
3 445
1 197
' 1, 359
'768
r 114
232
324
r
•2 OKQ
' 1, 733
'986
'134
300
1,774
1, 045
132
9fi9
or«
' 6 045
3' ^dn
3,128
212
'17,953
r
a -I 07
840
543
297
843
546
297
851
541
310
891
575
316
858
559
299
871
565
306
883
568
315
868
548
321
880
549
331
889
562
327
902
570
332
918
600
318
Lumber, building, hardware group
Lumber, building-materials dealers
Hardware stores
do
do
do
875
648
227
903
668
234
902
677
226
895
681
214
919
692
226
926
711
215
940
718
222
942
722
220
919
706
213
904
676
979
745
234
1,011
782
1,047
799
998
do
_ do
do
do
do
do
11 339
1 045
201
404
253
188
11 327
1 013
189
395
247
182
11 432
1 012
194
392
250
176
11 500
1 060
206
414
257
183
11 645
1 094
202
433
261
197
11 468
1 042
191
432
242
177
11 567
1 068
193
434
257
185
11 441
l' 033
181
429
235
188
11 778
1 101
199
446
261
r 1 1 fi1Q
r 1 1 7AR
1 032
1 QA
188
422
232
1 on
1 082
197
450
241
i inft
201
447
261
203
428
240
do
do
.do
do
do
539
1,237
4 217
3 731
1,283
539
1,248
4 159
3 686
1,297
532
1,228
4 272
3 781
1,274
536
1,247
4 216
3 734
1,306
551
1,255
4 152
3 688
1,340
563
1,221
4 169
3 686
1,338
568
1,244
4 igj
3 726
1,358
565
1,232
4 215
3 754
1,342
580
1,243
4 242
3 772
1,356
579
1,262
4 243
3 7fi7
1, 367
569
1,243
4 274
3 8ftfi
1,368
'592
1,240
4 OOA
3 848
1,376
General-merchandise group 9
do
Department stores, excl. mail-order cj* ..do
Mail-order (catalog sales)
do
Variety stores _ _ _
_do
Liquor stores
___
_
__do
1,766
1,008
126
289
365
1,798
1 041
129
290
359
1,787
1 040
119
295
381
1,879
1 089
136
313
376
1,918
1 134
129
312
372
1,817
1 055
129
309
1,805
1 042
134
310
380
284
1,777
1 051
127
292
366
1,887
1 099
139
314
' 1,826
1 077
'136
297
384
37fi
' 1, 855 ' 1, 883
r 1 O78
r i 072
'144
M43
oon
319
287
/inn '
___
1
18, 255
1 a 104
991
827
532
294
99Q
1,899
1,097
3, 175
do
do
do
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
i 863
r
Furniture and appliance group
Furniture, homefurnishings stores
Household-appliance, radio stores
Nondurable-goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
18 577
i 6 437
i 3 690
11 359 ' 11 381i 12 140
i i 109
r 996
1 101
171
179
455
418
257
217
218
182
KCQ
i ^79
T ^80
1,157
1, 265
1,215
4 454
4 108
4 157
3 960
3 658
3 714
1 469
1 318
1 348
' 17, 455 ' 17,575 ' 17,914
5 836
1
579
1,283
4 9Q9
1,381
1,935
i 111
149
Ofl7
Q8Q
r Revised.
i Advance estimate.
t Revised series. Revisions (back to 1st quarter 1946) appear on p. 24 of the September 1958 SURVEY.
9 Includes data not shown separately
cf Data 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
8-10
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1050
1958
April
May
June
1959
DecemAugust SeptemOctober November
ber
ber
July
January
February
March
April
May
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
A H retail stores— Continued
Estimated inventories:
Unadjusted total
mil. of dol
Durable-goods stores
do
Nondurable-goods stores
do
24, 640
11, 370
13. 270
24, 360
11, 270
13, 090
23, 820
10, 950
12, 870
23,500
10, 720
12, 780
23, 510
10, 430
13, 080
23, 680
10, 110
13, 570
24, 160
10, 120
14, 040
24, 840
10,620
14, 220
23, 210
10, 640
12, 570
23, 400
10, 920
12, 480
24, 030
11,210
12, 820
r 24, 670
11, 590
' 13, 080
25, 240
11,940
13, 300
do
do
do
do _ _
do
23, 930
10, 770
4,480
1,870
2,130
23, 880
10, 790
4,410
1,920
2,160
24, 070
10, 800
4,370
1,920
2,180
23,990
10, 730
4,210
1,920
2,220
23,860
10, 660
4,030
1,960
2.220
23, 680
10, 480
3,790
1,980
2,260
23, 470
10, 260
3,650
1,980
2,240
23, 600
10, 460
3,860
1,980
2,240
23, 980
10, 810
4,150
1,950
2,300
24, 190
11,010
4,420
1,960
2,240
24, 120
10, 970
4,400
1,960
2,210
' 24, 150
11,120
4,580
'2,220
24, 430
11, 290
4,770
1,930
2,230
do
do
do
do
13, 160
2,720
2, 960
3,950
13, 090
2,700
2,900
3,960
13, 270
2,700
2,950
4,050
13, 260
2,750
2,930
4,030
13, 200
2,670
2, 930
4,000
13, 200
2,700
2,880
4,030
13, 210
2,680
2,890
4,080
13, 140
2,670
2,860
4,090
13, 170
2,680
2,880
4,140
13, 180
2,740
2,890
4,130
13, 150
2,730
2,880
4,070
' 13, 030
' 2, 660
r 2, 890
4,030
13, 140
2,720
2,930
4,040
- do _
4,051
4,417
4,073
4,045
4,278
4,128
4,533
4,483
6,023
do
3,476
3,795
3,473
3,465
3,697
3,566
3,907
3 865
5,178
\pparelgroup9
^VTen's and boys' wear stores
Women's apparel accessory stores
Shoe stores
do
do
do
do
243
18
100
82
237
19
102
75
223
18
91
72
188
15
81
61
210
14
95
67
239
15
101
78
251
20
107
72
258
22
111
70
434
40
192
114
179
16
74
55
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
do
do
do
86
69
38
93
74
42
87
74
38
89
77
38
92
80
39
90
74
41
93
76
47
92
73
47
149
75
47
General-merchandise group 9
do
Department stores excl mail-order© _ _ do
Varietv stores
do
Grocery stores
do
Lumber building-materials dealers
do
Tire battery accessory stores
do
1,033
620
214
1,484
60
68
1,096
1,028
983
587
205
1,106
1,112
1 216
1,260
1,531
1,608
1,676
do
3,585
3,631
3,645
3,728
3,771
3,685
' 3, 727
do
do
do
do
224
17
96
70
226
18
98
68
225
18
92
68
239
22
97
70
250
21
104
74
237
19
103
70
Drug and proprietary stores
__ _ -_ do
Eating and drinking places
do
Furniture homefurnishings stores
- do
90
71
94
73
38
90
73
40
91
73
41
97
75
39
General-merchandise group 9
-- do
Department stores excl mail-order© .. do
Variety stores
__
_ __ _ do
Grocerv stores
do
Lumber building-materials dealers
do
Tire battery accessory stores
do
1,094
650
225
1,540
60
1,122
1,117
1,174
1,201
Seasonally adjusted, total
Durable-goods stores 9
Automotive group
Furniture and appliance eroup
Lumber building hardware group
Nondurable-goods stores 9
Apparel °roup
Food group
General-merchandise group
Firms with 4 or more stores:
Estimated sales (unadjusted), total
Firms with 11 or more stores:
Estimated sale^ (unadjusted) 9 §
Intimated sale^ (">eas adj ) total 9 §
\pparelgroup9
A/Ten's and boys' wear stores
"W omen's apparel accessorv stores
Shoe stores
-
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St. Louis
San Francisco
_
_
_
Sales, seasonally adjusted, total U. S.t
Atlanta.
Boston.. _
Chicago
Cleveland
Dallas...
Kansas City
_
_
1, 684
71
81
670
228
1,537
630
205
1, 462
71
80
681
227
1,551
73
81
705
238
1,564
651
229
75
79
729
242
' 3, 626
3.643
160
12
69
50
278
18
114
92
224
16
97
70
93
69
33
87
67
35
'98
75
39
92
76
41
'870
'826
'477
' 1, 063
'614
176
233
673
201
1,470
1, 542
1,565
3, 772
' 3, 805
1,648
1, 567
78
76
69
72
2,093
1,166
509
1,659
55
101
3 695
3 698
3.789
235
18
101
72
240
17
104
74
258
20
111
78
240
19
105
74
250
19
109
76
251
18
106
81
232
17
102
70
94
71
43
94
73
40
97
74
42
100
72
39
98
75
40
97
77
42
' 101
96
78
42
1, 134
1 134
1,102
1, 135
' 1, 125
' 1, 145
'666
'1,154
'671
1. 198
248
716
236
669
220
1, 461
75
69
673
236
664
240
751
239
658
223
651
243
524
168
48
59
48
62
669
228
r
242
59
69
1,088
70
82
3. 815
77
'41
1,575
1,599
1,607
1,602
'70
81
70
83
71
76
156
337
162
340
173
350
235
391
196
392
165
381
158
373
156
367
47
15
48
16
50
15
48
15
49
15
47
15
46
15
48
16
47
15
44
42
14
44
42
14
42
44
14
42
44
14
43
43
14
44
43
13
44
41
15
43
43
14
43
43
14
43
43
14
126
112
129
137
141
166
251
106
107
125
153
115
117
115
147
136
144
93
103
107
144
130
165
107
121
124
160
152
160
127
129
129
156
149
173
127
129
129
165
149
197
149
154
154
190
173
305
240
228
244
277
260
135
94
94
96
133
112
138
90
96
103
126
112
' 167
P
P
P
P
P
P
165
114
122
123
157
140
121
120
128
144
137
135
119
120
121
135
124
135
103
97
103
123
114
124
130
105
115
139
136
144
135
129
135
151
143
140
142
135
143
158
144
142
150
160
179
186
161
173
227
235
251
286
250
262
93
104
101
113
105
119
99
100
102
114
109
119
' 119
' 132
p
P
P
P
p
P
122
116
128
139
129
138
130
134
133
140
147
135
135
137
143
138
140
' 138
••157
114
118
121
'150
136
164
117
124
124
161
148
176
115
119
122
162
141
174
129
131
132
162
147
183
137
136
140
172
158
167
119
124
129
162
147
165
125
122
126
159
144
170
122
125
125
166
149
176
132
134
139
160
150
173
119
124
123
168
150
168
120
129
133
162
154
' 167
149
340
138
336
142
333
46
14
48
15
47
15
48
14
43
44
13
44
43
13
44
42
14
1947-49=100 -
123
130
do
do
do do
__do _ _ .
do
'156
109
112
113
143
131
158
117
122
120
159
145
117
114
125
136
123
130
64
72
64
73
66
75
1,555
731
234
1,573
151
342
do _
_do. _
do
do ___do___
do
'3,113
67
74
150
346
-- do
3,420
4,181
1 570
64
72
do
do___
do
- do _ _
do
do
' 3, 970 ' 3, 608 ' 4, 181
1,597
1,557
68
Department stores:
Accounts receivable, end of month-.cT
C haree accounts
- 1947-49 = 1 00. _
Installment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent .
Installment accounts
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
- do
Installment sales
do
Sales, unadjusted, total U S.f
41
666
218
r 1, 940
64
73
65
72
62
80
64
79
103
114
117
151
133
112
124
138
128
116
' 129
128
166
155
' P 130
c P 140
p
P
p
P
p
P
" 14°
;, 145
175
120
130
132
169
149
129
137
123
120
126
126
141
127
136
133
Minneapolis
_
do. _
130
123
P 127
121
137
124
124
127
133
New York
do
129
125
P 126
123
125
133
128
141
129
135
129
134
143
129
142
134
129
135
140
p 14^
Philadelphia
do
146
147
146
153
163
145
156
Richmond
.... do- 146
159
160
151
149
p 156
130
139
133
141
151
136
144
144
138
148
St Louis
do
133
131
P 138
142
143
142
140
155
148
140
San Francisco
_.
do. ..
155
150
141
149
148
P 153
c
' Revised.
f> Preliminary.
Corrected
9 Includes data not shown separately.
§ Revised beginning January 1956 to include minor data not covered in earlier figures. Revi
sions for January 1956^ January 1957 appear in corresponding note in the April 1958 SURVEY.
©Revised beginning January 1956 to reflect change in previous classification of certain store;
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.
fRevised 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
Revisions for both unadjusted and seasonally adjusted sales indexes for January 1949-December 1956 (and scattered revisions beginning 1919) appear on pp. 19 and 20 of the July 1958 SURVEY
SURVEY OF CURRENT BUSINESS
June 1950
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-ll
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores — Continued
Stocks, total U. S., end of month :f
Unadjusted
Seasonally adjusted
Mail-order and store sales:
Montgomery Ward & Co
Sears, Roebuck & Co
1947-49=100
do
'150
143
thous. of dol_- i 92, 615
do
303, 708
140
147
146
144
139
148
144
148
157
150
170
152
i 89, 194 i 83, 199 i 81, 387 i 92, 465 193,210 n 10, 006
339, 121 322, 188 315, 358 343, 279 337, 148 363, 667
173
153
1
136
150
108, 401 1164,588
367, 657 500, 789
136
152
143
150
r!53
i 59, 300 i 81, 148
271, 009 242, 482
i 78, 586
293, 743
* 158
p 151
148
1
100, 295 2114, 13>
339, 592 364.901
WHOLESALE TRADE*
Sales, estimated (unadj.), total
Nondurable-goods establishments
bil. of dol_._ -_do
nventories estimated (unndj ), total
Durable-goods establishments
Nondurable-goods establishments
do
_-do_ _
do-
10.7
10.9
10.9
11.1
A (\
11.3
11.9
12.8
11.5
12.0
11.1
10.7
11.9
7.0
7.0
6.9
7.2
7.2
7.5
8.1
7.3
7.8
7.3
6.8
7.5
7.6
12.0
6.3
5.7
11.8
6.2
5.5
11.8
6.2
5.6
11.7
6.1
5.5
11.7
6.1
5.6
11.7
6.1
56
11 9
6.1
58
12 0
6.1
5 9
11 6
6 0
5 7
11 8
62
56
11 9
6.4
56
12 0
6 5
'5 6
12 0
6.5
55
37
3
4 n
Q
12.2
EMPLOYMENT AND POPULATION
POPULATION
Population, United States:
Total, incl. Armed Forces overseas§
thousands. - 173, 374
173, 588
173, 822
174, 064
174, 326
174, 595
174, 871
175, 136
175, 370
175, 602 3175,994 3176,213
3
176,446 3 176, Mo
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over, total
thousands
121, 656
121, 776
121, 900
121, 993
122,092
122, 219
122, 361
122 486
122 609
122 724
122 832
122 945
123 059
Total labor force, including Armed Forces©.- -do
70, 681
71, 603
73, 049
73, 104
72, 703
71,375
71, 743
71,112
70, 701
70, 027
70, 062
70, 768
71,210
71, 9.">
68, 027
62, 907
5,558
57, 349
5,120
68, 965
64, 061
6,272
57, 789
4,904
70, 418
64, 981
6,900
58, 081
5,437
70, 473
65, 179
6,718
58, 461
5,294
70, 067
65, 367
6 621
58, 746
4 699
68 740
64, 629
6 191
58, 438
4 111
69, 111
65, 306
6 404
58, 902
3,805
68 485
64, 653
5 695
58, 958
3 833
68
63
4
59
4
67
62
4
58
4
430
706
693
013
724
67 471
62 722
4 692
58' 030
4 749
68 189
63' 828
5 203
58 625
4 362
68 639
65 012
5 848
59 163
3 627
69 40 r>
7.5
7 5
7.1
7 2
7.5
7. 3
6.7
76
60
72
5.5
71
56
59
60
61
7 0
6 0
7 0
6 1
6 4
58
5 3
5 3
4 !•*
4 (-»
50, 975
50, 173
48, 889
49, 389
50, 844
50, 618
51, 374
51, 909
52 697
52, 770
52, 177
51 849
Civilian labor force, total
Employed©
.. .- - - ...
Agricultural employment
Nonagricultural employment
Unemployed©
Percent of civilian labor force:
Unadjusted*
- -Seasonally adjusted*
Not in labor force©
.
do
.-do _ .
- do
do- _
- do-
thousands
Employees in nonagricultural establishments:^
Total, unadjusted (U S. Dept. of Labor)
Manufacturing
- - - -Durable-goods industries
Nondurable-goods industries
dodo.
do
do
Minincr total
do
Metal
- _ _do_
Anthracite
_ _ __
-- -do
Bituminous coal
do_
Crude-petroleum and natural-gas production
thousands.Nonmetallic mining and quarrying
___do
Contract construction
_
- _ do.
Transportation and public utilities 9
Interstate railroads
Local railways and bus lines
Trucking and warehousing
Telephone
Telegraph
Gas and electric utilities
Total, seasonally adjusted
Manufacturing
Durable-goods industries
Nondurable-goods industries
48, 851
4
66
6
59
3
Olti
4<l.x
GO*
3SM
7
50 878 r 51 414 p 51 95rt
'r 15 969r 16 029 p 16 13o
9 217 f 9 309 P q 414
' 6, 752 r 6, 720 v 6. 721
49, 726
15, 104
8,564
6,540
49, 949
15, 023
8,480
6, 543
50, 413
15, 206
8,564
6,642
50, 178
15, 161
8,496
6,665
50, 576
15,462
8 571
6,891
51 237
15, 755
8 814
6,941
51, 136
15, 536
8, 663
6,873
51 432
15, 795
8 982
6,813
51 935
15 749
8 989
6,760
50 310
15 674
8 990
6, 684
50 315
15 771
9 060
6,711
716
91
20
199
711
92
20
192
717
93
19
190
705
90
19
180
708
89
18
185
711
91
19
187
708
91
19
189
712
94
20
191
713
93
20
192
704
94
20
192
693
94
18
188
T 688
r 692
r 94
96
P 69.x
p 97
»• 175
P 17H
299
108
2,493
298
110
2,685
303
112
2,806
303
112
2,882
305
112
2, 955
302
113
2,927
297
112
2,887
297
111
2,784
301
107
2,486
296
103
2 343
292
101
2 256
'294
104
2 417
109
* 2 656
P 112
p '> S4<)
3,874
946
97
774
738
39
575
3,904
957
96
790
733
39
582
3,907
958
95
791
730
38
589
3,897
958
95
787
726
38
589
3,886
960
95
781
719
38
583
3,897
961
94
811
714
38
577
3 885
951
94
823
713
37
575
3,881
952
94
830
709
37
574
3 836
929
93
803
706
37
572
10, 940
2,982
7,958
1,352
1,592
757
10, 961
2,960
8 001
1,358
1,594
757
11, 035
2,980
8 055
1,361
1,594
756
10, 984
2 989
7 995
1,337
1 591
755
11,011
2 994
8 017
1,351
1 582
757
11,151
3,016
8 135
1,421
1,596
755
11, 225
3, 039
8 186
1,474
1,597
755
11 382
3 052
8 330
1,575
1 611
763
11 976
3 065
8 911
1,943
1 630
781
11 052
3 028
8 024
M97
1 583
766
do. _
_ do
do
do_ _
do
do
2,356
6,384
500
311
169
7,850
2,370
6,455
510
314
172
7 870
2,391
6,488
538
318
173
7 866
2,410
6 465
607
318
167
7 664
2 413
6 452
60S
314
163
7 678
2,392
6 472
527
312
167
7 943
2 380
6 463
479
311
170
8 040
2 374
6 426
474
309
168
8 074
2 373
6 384
468
307
167
8 373
2 363
6 314
461
307
166
8 0°4
2 371
6 333
467
304
165
8 066
do.
do
do
do
50, 054
15 243
8, 566
6,677
50, 147
15 202
8,498
6,704
50, 315
15 275
8,556
6, 719
50 411
15 312
8 596
6,716
50 570
15 330
8*605
6,725
50 780
15 529
8 801
6,728
50 582
15 358
8 625
6,733
50 877
15 693
8 937
6,756
50 844 r 51 086
15 701
15 764
9 007
8 956
6,745
6,757
r 51 194
15 819
9 049
6*770
723
2,624
3,890
11,050
2,356
6,352
7.816
718
2,698
3,877
11,087
2,370
6 360
7.835
713
2,698
3,888
11, 105
2,367
6 392
7.877
709
2 693
3,877
11 121
2,363
6 433
7. 903
701
2 711
3,867
11 175
2 377
6 420
7.989
707
2 698
3,858
11 151
2 392
6 440
8.' 005
708
2 698
3,887
11 1-54
2 392
6 399
7.986
708
2 690
3,' 875
11 119
2 386
6 426
709
2 550
3, 859
11 143
2 385
6 448
Mining
do
Contract construction
_
_
do
Transportation and public utilities
do
Wholesale and retail trade _ _ .
. do
Finance, insurance, and real estate
_ _ _ d o __
Service and miscellaneous
. _ ..
do
Government
.do
r
7.7
68
3,883
952
97
770
744
39
574
do. __
do
do
do
___do. ._
do_
do
_
Wholesale and retail trade
do_ _
Wholesale trade
. _.do_
Retail trade 9
do
General-merchandise stores
do
Food and liquor stores
do_
Automotive and accessories dealers
do
Finance, insurance, and real estate
Service and miscellaneous 9
Hotels and lodging places
Laundries.
_
Cleaning and dyeing plants...
Government
4
081
973
871
102
108
123 l ^ t
7 QSf)
S 049
704
r 2 650
3, 894
11 216
2 387
6 443
8 028
3 835
931
93
810
705
37
571
16
180
r
3r 865
936
93
823
704
37
r
569
r
3 881 P 3 900
10 990 T 11 083 r 11 131 P 11 ^l^
r 3 021
3 025 r 3 019
p 3 021
P g 194
r 8 110
7 965 r g 064
1,349
' 1, 388 r 1, 383 P 1,409
r 1 606
P i 617
1 598 r i 599
P 7HS
r 782
772
768
693
r 2 625
3,880
11 279
2 395
6 462
8 040
2 386
r g 377
' 469
305
167
r 8 093
2 404
r g 508
r 8 113
r 51 456 r 51 869
T 16 006 r 16 175
r 9 192 r 9 312
r 6, 814
' 6, 863
pp 2 4-:>n
6 %R ~>
p 8 1^~
P 52 IQO
•p if, 321
P 9 434
P 6, 887
r 699
p 70^
r 2 823 P 2 793
' 3, 888 vP 3, 909
r 11 263 r li 328
11 344
2 398
2 404 p 2 4^0
r 6 441 r 6 476 P £ 488
T 688
r 2 719
3,885
r S 05fi
r S 07fi
v 8 1 9O
2
Revised.
* Preliminary.
* Net sales. Figure shown for February 1959 covers
period February-March 4; later figures cover 4-week periods.
May 1958 figure comparable with May
4
1959 (for 5 weeks ending June 3) is $98,352,000.
3 Includes estimate for Alaska.
The exaggerated June-to-July increase results from technical difficulties in achieving precise seasonal adjustment factors for June; a more valid comparison may be made between July and May.
t Revised series. Revisions for January 1919-December 1958 appear on p. 27 of the May 1959 SURVEY.
% See corresponding note on p. S-3.
9 Includes data for industries not
shown separately.
§ Data beginning February 1959 include an estimate for Alaska; earlier revisions back to January 1955 are shown in the September 1958 issue of the SURVEY.
© Estimates beginning January 1957 reflect certain changes in definitions for employment and unemployment. See note in the December 1957 SURVEY. *New series Monthly rates back
to January 1947, are available upon request.
d* Data for employment, hours, and earnings have been adjusted to the 1st quarter 1957 benchmark. The revision affects all series back to April 1956, except as follows: Back to January
1956 for total nonagricultural, service and miscellaneous, and government employment; back to January 1953 for anthracite mining hours and earnings. Unpublished revisions (prior to Junt?
1957)
available from the U. S. Department of Labor, Bureau of Labor Statistics, Washington 25, D.C.
Digitized forare
FRASER
SURVEY OF CURRENT BUSINESS
S-12
June 1 !>;")!>
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
1959
August Septem- October Novem- December
ber
ber
Janu- j February
j ary
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?
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
ATotor vehicles and equipment^
do
Aircraft and parts
do
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
__
do
do- _ .
do
do
do
do
do
Tobacco manufactures
do
Textile-mill products 9
-- do
Broadwoven fabric mills
do
Knitting mi^ls
do
Apparel and other finished textile products
thousands. .
Paper and allied products..- . . . - - - - do -_
Pulp paper and paperboard mills
do
Printing, publishing, and allied industries
thousands. _
Chemicals and allied products ...
_. do. _ _
Industrial organic chemicals
do
Products of petroleum and coal
do _Petroleum refining
do
Rubber products
.
do. .
Tires and inner tubes
do
Leather and leather products .
do _ .
Footwear (except rubber)
do
Production workers in manufacturing Industries,
seasonally ad justed :t
Total
thousands
Durable-goods industries
._
do
Nondurable-goods industries
do
Production workers in manufacturing industries:
Indexes of employment :J
Unadjusted
1947-49=100
Seasonally adjusted
do
11,310
6,337
11,245
6, 269
69
68
520
269
542
280
11,415
6,350
68
578
291
11,353
6,270
11,645
6,339
67
67
572
293
581
297
11.940
6,579
68
590
297
11,721
6,421
67
594
298
11.981
6,742
71
579
290
11,930
6,740
73
565
282
11,855
6, 739
73
547
275
11,937
6,794
72
537
273
' 12,117 ' 12, 167 "12, 26ft
' 6, 937 ' 7, 022 p7. 121
'73
73
" 7-'-)
'552
310
438
897
313
422
899
312
426
930
309
422
943
313
411
952
315
413
979
' 1,015
419
428
445
457
459
464
469
489
'515
41
41
41
41
42
43
43
43
773
1,014
765
990
788
977
822
1,007
791
1,005
827
1,020
824
1,038
820
1.057
817
1,090
1,081
446
1,084
444
1,034
402
1,208
567
1,216
581
480
483
475
1,203
568
479
481
1,199
554
476
1,100
463
992
358
468
1,063
433
122
42
204
351
124
37
200
348
124
33
199
355
119
33
196
346
118
31
199
366
118
31
205
380
118
26
207
386
122
31
209
379
119
32
210
360
121
33
209
350
120
35
213
360
123
'35
216
368
4, 973
4,976
5,065
1,039
5,083
1,081
5,306
1,172
5,361
1,178
5,300
1,115
5,239
1,050
5,190
1,001
5,116
5,143
5, 180
'945
'239
284
405
840
287
417
859
286
422
852
407
408
425
44
42
41
766
1, 061
756
1,029
1, 103
454
729
715
716
712
471
949
231
66
137
163
106
978
239
70
141
164
112
70
837
372
180
70
831
366
183
70
840
367
189
70
830
365
184
987
434
985
432
219
994
433
220
545
519
540
510
541
500
243
73
177
168
120
219
734
474
246
72
307
166
118
762
746
249
68
312
166
115
251
64
237
166
115
86
855
370
195
96
860
371
196
94
863
371
197
992
429
1,044
442
223
1, 055
447
1,051
447
215
223
222
537
496
542
504
548
511
551
517
244
73
220
167
121
788
484
789
796
473
250
62
148
162
109
950
243
61
129
159
103
943
239
61
129
159
103
85
867
372
195
83
862
372
190
79
856
371
186
76
860
370
189
1,053
446
1,056
443
223
221
1,051
440
1,078
440
548
514
550
514
544
515
545
518
251
62
178
164
115
190
157
122
176
72
300
202
188
158
122
172
70
302
205
187
158
122
176
71
314
213
186
157
122
175
71
317
215
190
157
121
181
73
323
217
191
158
120
188
74
321
213
193
153
116
195
75
315
206
194
156
120
195
76
324
214
195
155
119
198
77
329
221
11, 438
6,338
5,100
11,415
6,285
5,130
11, 484
6,344
5, 140
11, 512
6,372
5,140
11, 530
6,377
5,153
11, 725
6.568
5,157
11,551
6,385
5,166
11, 876
6,693
5,183
91.4
92.5
90.9
92.3
92.3
92.8
91.8
93.1
94.1
93.2
96.5
94.8
94.8
93.4
96.9
96.0
2 124 4
204 8
2, 157. 0
209 2
2, 165. 0
209.8
2, 164. 7
208.9
2 146 7
206 5
2, 145. 7
206.9
Miscellaneous employment data:
Federal civilian employees (executive branch) : J
2 124 4
United States continental
thousands
204 7
\Vashington D C metropolitan area
do
Railway employees (class I railways):
853
Total
thousands
Indexes:
64.2
Unadjusted
_.
_.
.1947-49=100 .
65.0
Seasonally adjusted
do
791
221
220
'564
P 592
r277
301
430
864
283
402
849
'316
433
p 315
'317
'445
P454
' 1, 037 v 1. 054
'43
'829
'839
"849
'1,113
' 1, 129
p 1. 147
'798
802
"811
' 1, 226 ' 1, 230 p 1, 231
'591
'469
'216
'372
"217
"378
' 5, 145
" 5, 145
"977
958
62
134
158
105
72
'70
'866
'868
p 69
"868
371
193
' 1, 085 ' 1, 057 p 1, 045
'441
"443
'442
'219
551
'527
196
154
119
199
77
329
224
197
150
115
199
76
333
226
11, 884
6,708
5,176
11,941
6,754
5,187
11, 979
6,783
5,196
' 12, 149
r 6, 914
5,235
96.5
96.1
95.8
96.5
96.5
96.8
'98.0
98.2
'554
'536
"556
",534
' 160
" 160
199
'160
'122
202
78
331
224
'178
P171
'323
"322
' 12, 304 " 12, 444
' 7, 026 "7,141
' 5, 278 "5,303
'98.4
'99.5
"99.2
9 100. 6
2, 145. 5 i 2,1 460. 4 22,142.8 22,140.6 22,142.6 22,147.6
207.6
207.2
215. 5
207.7
207.7
207.3
851
861
864
870
864
867
856
852
836
"839
"845
"853
"868
64.0
63.1
64.8
63.4
65.0
63.6
65.4
64.3
65.0
64.9
65.2
66.6
64.4
65.9
63.8
65.2
62.8
62.3
63.0
63.1
'63.4
"63.9
v 63. 9
"64.8
"65. 1
"64.2
144.8
160.0
155.7
152.5
158.4
160.4
158.2
160.4
165.1
' 167. 0
p 169. 2
'40.9
PAYROLLS
Manufacturing production-worker payroll index, unadjusted (U.S. Dept. of Labor)*
—1947-49 =100. .
144.9
139.6
140.9
38.3
38.7
39.2
39.2
39.6
39.9
39.8
39.9
40.2
39.9
40.0
38.8
39.1
39.6
39.4
40.3
40.8
40.4
40.3
1.7
40.2
40.1
1.8
39.8
40.7
40.6
40.7
40.7
40.6
41.2
41.2
41.1
41.9
41.5
41.1
40.2
'2.6
40.8
'2.6
'41.3
38.8
38 5
38.0
39.0
36.9
39.6
39 7
37.8
39.7
37.3
40.5
40.5
38.8
40.3
38 3
39.3
39 6
38.9
40.0
38.4
40.7
40.8
40.5
40.8
38.5
41.3
41 1
41.0
41.1
39.1
41.1
40.9
41.0
41.0
38.9
40.2
40.1
40.8
40.9
39.3
40.3
40.2
41.2
40.4
39.8
39.6
39.3
40.3
40.2
40.0
39.5
39.6
40.4
••40.5
40.4
'40.7
'41.0
'40.4
41.0
40.9
36.3
36.7
37.8
38.0
37.9
38.7
38.3
38.5
38 8
39.5
40.0
40.7
40.1
39.9
39.9
39.9
39.5
40.1
40.3
40.8
41.2
41.4
41.2
'40.9
LABOR CONDITIONS
Average weekly hours per worker (U.S. Dept. of
Labor) :f
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..
1.5
1.4
1.7
1.5
1.9
1.9
2.3
2.1
2.4
2.3
2.4
2.4
2.6
2.6
2.6
2.7
2.3
2.3
2.4
2.4
40.3
2.6
2.7
'41.0
" 40. o
"2,7
"41.1
"2.7
"41.1
40.8
" 41. 2
40.1
'41.3
'41.2
" 39. 9
"41.6
"41.1
l
' Revised.
p Preliminary.
Includes Post Office employees hired for Christmas season; there were about 316,700 such employees in continental U.S. in December 1958.
*- Includes
employees in Alaska.
JSee note marked cf for p. S-ll.
9 Includes data for industries not shown.
cf Formerly "Automobiles." Data not affected.
tData have been revised
back to January 1939; monthly revisions beginning January 1955 will be shown later. Beginning January 1959, figures include Federal civilian employees in Alaska; at the end of January
1959, such employees totaled 13,200 persons.
SUKVEY OF CURRENT BUSINESS
June 1959
S-13
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
1959
DecemAugust SeptemOctober November
ber
ber
July
January
Fobruary
March
MO. 8
41 3
40 3
Ml. 1
41 4
r
40 2
v 41. 3
p 41 8
p 40 4
40 7
41 0
40 7
39.3
r
39 4
r
41 0
P 41 l
r
40 7
MO 2
P 40 7
p 40 2
39 5
2 5
40 2
p 3Q 7
p2 6
p 40 9
April
May
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc. J— 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
Transportation equipment 9
Motor vehicles and equipment^
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
-- _ . ._
Instruments and related products
Miscellaneous mfg. industries
- do_.
do
__do_
do
..do
_ __do
do
38.9
39.3
39.0
39.4
39.4
39.1
40.0
39.6
39.6
40.0
39.4
39.3
40.4
39.4
39.7
41.0
40.0
40.4
40.8
39.5
39.9
40.8
39.9
40.6
41.2
40.6
40.6
40.5
40.7
40 4
40.4
40 9
40 2
39.3
38.4
40.3
39.1
37.9
39.7
38.9
40.5
39.8
37.6
39.8
39.1
40.7
39.5
37.2
39.6
38.8
40.4
39.7
37.0
40.0
39.3
40.8
39.6
37.1
39.6
38.6
40.8
39.2
36.7
40.0
39.7
40.5
39.8
35.7
40.6
41.0
40.7
38.8
38.3
41.7
43.0
40.9
39.2
39.1
40.7
41.0
40 9
39.4
37.9
40 3
40 2
40 8
38.6
38 6
39.5
39.0
39.2
39.1
39.8
39.5
39.7
39.2
39.8
39.5
40.3
40.1
40 4
40.3
40.7
40.4
40 9
40.4
40 7
40.1
40 5
40 1
r
39 5
26
40 2
r
39 9
41 6
r
38 6
T
40 1
T
39 8
T
T
40 5
40 0
^Nondurable-goods industries
Average overtime
Food and kindred products 9
Meat products
__ .
Dairy products
Canning and preserving
Bakery products
Beverages
do
do ._
do
__do _
do
__do
do
_.do._
37.7
1.7
39.7
39.3
41.7
37.4
39.8
39.3
38.1
1.9
40.2
39.8
42.0
38.6
40.3
40.3
38.7
2.1
40.7
40.6
42.8
38.3
40.6
41.1
39.0
2.2
41.2
40.7
43.0
40.7
40.8
41.2
39 4
2.4
41.4
40.3
42.5
42.1
40.3
40 9
39.5
2.6
41.6
41.2
42.3
42.3
40.1
40.1
39 4
25
40.9
40 9
41.8
40 2
40.2
40 0
39 4
25
41.0
42 0
41.5
37 9
39.9
39 9
39 6
2 6
41.0
41.4
41.7
38 0
40.2
40 3
39 3
2 4
40.5
40 7
41.8
38 2
39.7
39 7
39
2
40
39
41
38
40
39
Tobacco manufactures
Textile-mill products 9
Broadwoven fabric mills
Knitting mills
do
do
do
do
38.0
36.6
36.7
35.2
38.7
37.3
37.4
36.5
39.7
38.4
38.4
37.5
39.6
38.6
38.9
37.7
39.6
39 2
39 3
38.7
40.1
39 7
39.7
38.9
39 6
40 1
40 4
39.1
39 2
40 3
40 7
39.3
40 1
40 2
40 5
38.6
38 8
39 8
40 2
37.8
38 5
40 3
40 8
38 3
38
40
40
38
1
4
9
4
r 37 g
40 4
p 39 0
p 40 6
34.5
41.0
42.1
34.8
41 0
42.0
35.0
41.8
42.8
35.6
41 9
42.8
36 4
42 5
43.5
36 1
42 7
43.7
36 0
42 7
43.5
35 8
42 5
43.3
36 1
42 4
43.4
36 0
42 4
43.5
36 7
49 4
43 4
T 36 5
42 7
r
43 7
36 6
42 7
p 36 6
p 42 8
37.7
40.7
40.0
40.5
40.7
37.5
36.1
34.1
32.9
37.6
40 8
40.4
40 5
40.3
38 2
37.4
35.3
34.4
37.6
41. 1
40.7
41 0
40.9
39 1
38. 1
36 6
36.0
37.6
40 8
40.6
41 0
41.0
39 1
38.9
37 4
37.2
37.9
40 7
40 5
40 4
40.1
40 5
40 7
37 3
36.8
38.0
41 0
40 9
40 7
40.7
40 8
40 5
36 7
35.9
37.9
41 0
40 6
40 2
40. 1
40 7
40 3
37 o
36.0
37.9
41 2
40 9
40 6
40.8
40 7
40 9
37 5
36.5
38.4
41 4
41 1
40 2
40.3
41 9
42 3
38 5
38.1
38.0
41 1
41 0
40 9
41.1
41 1
41 1
39 1
39.2
37.9
41 2
41 1
40 3
40 6
41 6
41 6
38 8
38.7
38.3
T 41 3
41 0
rr 41 2
40 8
42 0
r 42 4
38 0
'37. 7
38.1
Ml 6
P38.0
p 41 5
MO 8
p 40 9
37.4
38.4
22.3
30.0
38.1
37.8
25.8
31.1
39 8
38.0
30 9
35.2
39
38
30
32
39
37
28
35
39
38
30
35
40
38
29
35
40
39
29
35
40
39
35
38
40
40
34
36
39
40
27
35
r 39 9
40 4
27 (5
35 2
40.6
42.3
36.2
38.6
35.5
40.4
43.7
37.4
41.1
36.3
40.8
44.2
37.2
40.7
36.2
41.2
44.2
37.3
40.8
36 3
40.1
44.9
37 9
42 0
36 7
40.9
45.4
37 8
42 2
36 5
40.3
45.2
38 1
42.7
36 8
41.2
44 0
36 4
39 6
35 4
40. 5
42.1
35 3
37 9
34 6
41.3
41 5
35 7
38 5
35 0
41.4
41 7
34 4
36 3
34 o
Ml.
r 42
T 35
39
35
2
4
9
5
o
42.7
37.7
41.4
40.8
43.0
37.8
42.0
40.5
43.0
38.2
41.9
40.7
42.9
38.5
41 9
40.7
42
38
42
40
42
39
41
40
42 5
39.0
41 7
40.9
42
39
41
41
6
7
3
1
4^ 9
38.6
41 6
41. 1
42
38
41
41
42
38
41
40
rr 42
38
41
40
6
4
4
8
39.6
40.0
40.1
40.3
40.2
40.3
40.3
40 1
40.4
40 2
40 0
37.8
34.2
35.8
43.7
37.8
34.3
35.9
43.8
38.2
34.8
36.6
43.8
38.7
35.2
37.4
43.8
38.7
35 2
37.3
43.9
38.0
34 5
36.6
43.7
37.9
34.3
36.2
43.8
37.7
34 0
36.3
43.7
38.5
36 6
36.3
44.0
38.1
34 7
36.4
44.2
37
34
36
43
39.9
39.2
38.7
40.0
39.6
39.7
40.1
39 8
39.9
40.0
39 7
38.4
40.1
39 3
37 2
39.9
39 3
38 6
40.4
39 4
39.4
39.9
38 8
38 7
40.0
39 2
38 3
39.7
3q 3
38 5
39 9
3q Q
37 4
293
82
360
156
374
156
399
159
403
162
471
324
391
463
305
224
136
58
225
75
°00
75
250
90
350
175
411
122
1,100
519
200
1,940
552
247
1,850
596
238
2.160
638
288
2,160
712
414
2.400
637
531
5. 420
497
296
2,210
357
169
2,430
325
150
2.000
300
140
1,500
350
150
1,000
475
250
2,500
404
439
456
459
489
545
514
413
406
398
378
445
520
1,983
3,302
7.9
1,538
2,984
7.1
1,513
2, 667
63
1,659
2. 511
60
1,251
2,203
52
1,186
1,906
4 5
1,259
1,722
4 1
1,258
1,781
4 3
1,924
2,111
51
1,790
2, 518
60
1,277
2,396
5 7
1,136
2,106
50
Apparel and otherfinishedtextile 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
Non manufacturing 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
Non building construction
do
Building construction
_do
Transportation and public utilities:
Loc^l 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:
Nonaericultural placements
thousands. _
Unemployment compnsation, State and UCFE programs (Bureau 01 Employment Security) :§
Initial claims
.thousands..
Insured unemployment, weekly average§
.do
Percent of covered employment*
2
3
8
4
7
8
8
3
9
6
1
9
9
6
8
4
4
0
8
9
0
7
7
8
0
7
9
3
6
7
3
1
1
6
3
3
6
3
4
0
4
4
0
2
3
6
1
6
7
8
0
6
5
9
4
9
9
4
4
9
r
Ml 7
r 37 Q
p 36 8
40 2
37.9
r 34
r
r
("y
36. 3
43 8
r 40.1
r 39 4
38 1
1,099
1,793 "" 1,486
4 4
Benefit payments:
Beneficiaries, weekly average
thousands..
2,967
2,732
2,590
2,234
2,044
1,556
1,487
1,767
1,739
2,166
2 157
1 968
1 708
Amount of payments
.thous. of doL. 403, 845 363, 550 325,039 305, 638 255, 432 231, 141 210, 300 174, 470 234, 683 279, 461 255, 671 255, 640 218, 438
Veterans* unemployment program: ©
9
7
Initial claims
thousands..
27
24
38
14
30
12
19
13
14
13
80
74
Insured unemployment, weekly average®
do
78
78
53
39
27
26
28
22
31
10
28
16
96
Beneficiaries, weekly average
..
do
87
89
92
65
48
30
30
28
33
19
31
26
9.833
Amount of payments
thous. of dol_.
8.922
3. 486
8.853
10.151
6. 553
5.047
3.391
3.311
2. 993
2.688
2.019
2.693
T
Revised.
» Preliminary.
t See note marked "c?" for p. S-ll.
9 Includes data for industries not shown.
cf1 Formerly "Automobiles." Data not affected.
*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.
§ Excludes data for persons eligible for compensation under temporary programs; in May 1959, insured unemployment averaged 126,000 persons under TUC programs.
©Excludes data for persons eligible for compensation under the Ex-Servicemen's Unemployment Compensation Act of 1958 (effective Oct. 27,1958); under this Act, insured unemployment
Digitized
FRASER
in Mayfor
1959
averaged 49,000 persons.
June 1959
SURVEY OF CURRENT BUSINESS
S-14
1939
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
August
SeptemNovem- DecemOctober
ber
ber
ber
January
February
March
April
t
May
EMPLOYMENT AND POPULATION— Continued
LABOR CONDITIONS— Continued
Labor turnover in manufacturing establishments^
Accession rate, total monthly rate per 100 employees.
\~ew hires*
do
Quit
Layoff
_
_ _
- -
do
do
2.5
.9
4.1
.7
3.0
3.0
1.0
3.6
.8
2.4
3.8
1.6
2.9
.8
1.8
3.3
1.5
3.2
.9
2.0
3.9
1.6
3.5
1.2
1.9
4.0
1.9
3.5
1.5
1.6
3.4
1.7
3.2
1.1
1.7
2.8
1.3
2.8
.8
1.6
2.4
1.1
2.8
.7
1.8
3.3
1.5
3. 1
3.3
1.7
2.6
.8
1.3
80.81
87.30
100. 12
82.04
88.37
P9. 88
83.10
89.89
100. 94
83.50
89.83
100. 94
84.35
91.14
100. 69
85.39
92.46
103.00
85.17
91.83
103. 00
86.58
94.30
103. 16
88.04
96.29
106. 43
87. 38
94.94
105. 00
88.00
95.11
103. 57
71.39
68.92
67.26
81.51
74. 45
73.05
66. 91
82.97
76.14
74. 52
69.06
84.63
74.28
73.66
68. 85
84.40
77.74
76.70
72.09
86.90
80.12
77.68
73.80
88.78
80.15
77.30
73. 39
86.51
77.59
75.39
73.03
87.53
77.38
75.17
74.16
87.26
74.84
72.31
72.54
86. 83
g
'3.6
1.9
'2.8
1.0
' 1.3
p3.4
p2.0
P2 9
pl.2
P 1. 2
WAGES
\ vet-age weekly gross earnings (U. S. Department of
Labor) :t
Ml 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
95.20
96.23
99.96
102. 91
103. 95
106. 74
106. 59
108. 08
109. 45
110.80
112.72
' 115.34
101. 66
106.60
111.72
112. 18
115. 71
114. 52
115.50
116.40
120. 08
122. 00
125. 36
97.04
96.96
96.96
98.55
99.54
101. 05
102. 36
104. 04
105.06
105. 16
105. 06
' 103. 89
87.14
92. 75
83.46
88.65
93. 38
83.67
90.80
94.25
85.14
91.20
93.77
84.50
92.52
93.77
84.96
93.89
95. 60
87.26
93.02
94.41
85.79
94.66
96.96
88.91
96.00
99.06
89.32
93.96
99. 31
88.88
94.13
100. 61
88.84
' 95. 88 '96.59 p 97. 47
' 102. 42 ' 103. 09 p 104. 50
89.06
' 88. 84 p 89. 28
97.07
96.00
98.85
97. 64
99.50
98.14
100. 19
97.39
102. 00
99.82
100. 98
98.43
102. 00
100. 04
106. 78
110. 70
110.92
117. 82
106. 63
109.06
105. 59
106. 93
107. 04 ' 107. 83 p 108. 50
' 109. 47
98.33
95. 80
100. 81
100. 44
97. 51
99.64
102. 16
96. 78
98.21
102. 62
99.65
98. 05
104. 04
100. 98
97.94
104. 04
100. 35
97.99
104. 09
102.68
96.75
104. 19
99.72
104.18
105. 52
101.53
106. 74
105. 52
102. 44
103. 09
105. 67
99. 97
104. 22
' 105. 01
102. 18
r
107. 17
do
do._
85. 72
72. 15
85. 46
71.94
87.16
73.08
87.34
72.13
87.96
72.68
89.47
74.19
89.28
74.56
90.76
75.14
91.62
75. 95
91.17
75. 79
91. 13
75. 39
r 91. 53
do
do
do
73.14
79.80
87.25
80.06
64.70
77.61
88.43
73.91
80. 80
88. 36
80.64
65. 62
78.99
92.69
75. 08
81.81
90. 54
83.03
63. 58
79.98
95. 35
75. 66
81.99
91.58
84.71
64.31
80.78
96. 00
76.04
81. 56
89.87
83.73
69. 47
79. 79
94.07
77.03
82.78
93.94
84.18
71.06
79.80
93.03
76.83
81.80
93.25
82.76
66.73
80.00
92.40
77.22
83. 64
97.44
82.59
62.16
79.80
92.97
78.01
84. 46
95. 63
83.40
64.98
81.20
94.71
77.81
84. 65
95.65
84.44
66. 85
SO. 19
92.10
78.01
83. 60
91.73
S3. 43
67. 55
81.80
92. 66
' 79. 00 ' 79. 00 P79.80
84.42
' 84. 42 p 85. 89
' 93. 77
84.86
' 68. 32
' 81. 40
' 93. 93
62.70
51. 90
52. 85
51.74
64.24
£5. 95
53. 86
53.29
66. 30
57. 98
55. 68
54. 75
65. 74
57.90
56. 41
54.67
62.96
59. 19
57.38
56.12
60.15
59. 95
57.96
57.18
60.19
60.95
58.98
57.48
62. 72
61.26
59.42
58. 16
66. 17
61.10
59. 54
56.74
63. 63
80. 89
.59. 09
55. 94
63. .53
61.66
59.98
.56. 68
64.39
63.43
62.17
57.22
' 55. 85
d o_ _ .
do
\ircraft and parts
Ship and boat building and repairs
Railroad equipment
do
do
do
Instruments and related products
Miscellaneous mfsr. industries _
Vondurable-goods industries
Food and kindred products 9
Meat products
-
Canning and preserving
Bakerv products
Beverages
do
do
do
Tobacco manufactures
Textile-mill products 9
Broad woven fabric mills
do
^°
do
Apparel and other finished textile products
dollars - _
__
Rubber products
Tires and inner tubes
Leather and leather products
Xonmanufacturing industries:
Alining*
Metal
\nthracite
r
Revised.
TO Preliminary.
' 91. 98 p 91. 98
' 76. 38 p 76. 38
' 65. 02 p 67. 47
63.43
p 64. 15
52.20
52.50
53.40
55.33
55.23
55.08
54.42
54.87
oo. 08
.56. 15
86.10
93.24
88.20
95.87
88.83
96.73
90. 53
98.31
91.38
99.20
91.38
98.75
90.95
98.72
91. 16
99. 39
91. 58
99. 62
92,01
99 39
92.66
' 100. 07
' 93. 09 p 93. 73
96.14
92.39
98.00
97.01
93.43
98.98
97.38
94.94
100. 12
97.38
95. 06
100. 69
98. 54
95. 24
100. 85
99.56
95. 94
102. 25
99.68
95.94
101.91
99.30
96.82
103. 07
10L76
97.70
103. 57
99.94
97.00
103. 73
100. 44
97. 64
103. 57
' 102. 64
'97.88
103. 73
101. 73 p 101. 84
' 98. 18 p 98. 77
110.97
115. 59
85.88
95.67
53.54
49.68
110. 16
113.65
87.86
99.48
55.42
51.94
111.93
115. 75
91.10
103. 63
57.46
54.36
113.16
117.26
91.89
106. 59
57. 97
55.80
110.29
113.08
96.80
113.96
58.19
55.57
112.33
116.00
97.51
113. 40
57.99
54.93
110.15
113. 48
97.27
113.24
58.46
55.08
112.46
116.28
98.09
115.75
59.63
56.21
111. 35
114.86
102. 66
121.40
61.22
58.67
113. 70
117.55
100. 28
117.55
62. 56
60.76
114.86
119.77
101.09
118.98
62.08
60. 37
' 118. 24 ' 117.91 p 117. 38
94.62
92.93
58.65
90.60
96.01
91.10
67.60
93.30
101. 89
92.34
80.96
106. 30
99.96
96.13
79.77
97.85
101. 24
95.63
74. 59
105. 90
102. 14
98.04
80.08
106. 55
102. 40
98.30
77.52
107. 76
103.60
100. 84
78.04
107. 31
105. 56
101.24
93.19
115.82
105. 86
103. 94
91.24
114.71
106. 00
104. 45
74.79
112.85
' 106. 13
' 104. 23
76.45
112.29
108. 81
85.45
107. 88
103. 45
108.63
107. 06
89.59
111.08
110. 56
111.08
110. 57
91.49
110.11
108. 67
110. 77
110.83
91.94
111.90
110. 57
112. 17
106. 67
93.39
113. 70
114. 66
113. 40
110.02
95.34
114.91
117. 32
114. 25
107. 60
95.37
115. 82
118.71
115. 18
112. 06
92.84
110. 66
108.11
111.16
108. 54
89.67
109. 43
105. 36
110. 37
111.92
87.98
111.03
105. 88
111.65
116.33
88. 82
106. 64
100. 19
108. 12
r 115.36
' 90. 31
' 110. 57
108.23
110. 95
90.10
76.53
87.35
99.55
90.30
77.11
89.04
98.42
91.16
78.31
91.34
100. 12
91.38
79.31
91.76
100. 12
90.95
79.90
91.78
101. 02
90.74
81.12
93.63
101. 84
90.53
81.51
93.41
102. 66
91.16
82.97
92.51
103. 57
92.66
81.06
93.18
103. 57
92.44
80.81
93.98
103. 32
92.65
82.47
93.98
103. 89
' 92. 87
' 81. 79
93.98
' 104. 04
85.14
86.40
87.42
88.26
87.64
88.66
87.85
88.22
88.48
88. 44
88.00
' 89. 24
do
do
63.50
45.83
66.23
81.72
63.88
46.31
66.42
83.66
64.94
47.68
68.08
84.10
66.18
48.22
69.56
84. 53
66. 18
47. 52
69.38
84.73
64.98
46.92
68.44
83.47
64.81
46.65
68.42
83.22
64. 47
45.90
68.97
83.90
64. 68
48.68
68.24
85. 36
66. 29
48. 23
68.43
87. 07
65. 95
47. 13
69. 52
86.04
65.95
' 47. 40
' 68. 97
' 86. 72
do...
65.60
65.72
65.56
65.93
65.80
65.98
66.24
66.54
66.48
66.71
66.97
' 67. 37
do
do
do__-
44.29
44.30
50.70
44. 80
44.75
52.40
45. 31
45.37
53.47
45.60
45.26
51.07
44.91
44.80
49.48
45.09
44.80
51.34
45.65
44.92
52.80
45. 49
44.23
51.86
46.40
44.69
51.32
4,5. 66
45. 20
51.98
46.28
44. 85
50.49
' 46. 12
' 45. 70
51.82
do
do
do
do
do
do
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
^Vholesale trade
do
Retail trade (except eating and drinking
places) 9
dollars
Finance, insurance, and real estate:
Banks and trust companies.Service and miscellaneous:
Hotels year-round
Laundries
Cleaning and dveing plants
75.60
85.69
93.04
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollar s.
Xonmetallic mining and quarrying
do
Contract construction
do
Xonbuilding construction
do
Building construction
do
Food and liquor stores
Automotive and accessories dealers
' 116. 60 p 116. 31
51.75
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
Products of petroleum and coal
r
77. 74
' 79. 15 p 80. 75
74.26
' 75. 85
72.86
' 73. 12 72.58 p 72 22
72.32
' 91. 27 p 92. 35
' 87. 89 '90.20
101.91
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
M^otor vehicles and equipmentcf
89.24
89.87
P 90. 32
' 97. 75 p 98. 23
97. 10
' 104. 08 ' 103. 73 p 103. 98
55.63
p 55. 63
' 121. 18
' 103. 74 ' 100. 91
' 122. 96
60.80
' 59. 57 p 59. 25
' 58. 81
JSee note marked "d"" for p. S-ll.
9Includes data for industries not shown.
d*Formerly "Automobiles. Data not affected.
§Data beginning January 1959 for accessions and separations include interplant transfers (not included in earlier data), hence are not strictly comparable with rates prior thereto. Discharge
and miscellaneous rates (included in total separations) are not published separately after December 1958.
*New series. "New hires" are additions (permanent and temporary) to the employment roll of persons who have never before been employed by the establishment or company, or of
f ormer employees not recalled by the employer. Monthly data for new hires (1951-1957) and average weekly earnings in the mining division January 1947-February 1957) are available
http://fraser.stlouisfed.org/
upon request.
Federal Reserve Bank of St. Louis
SUEVEY OF CUEEENT BUSINESS
June 1059
S-15
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
1959
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) :t
All manufacturing industries
dollars
Excluding overtime!
-- do
Durable-goods industries
do _
Excluding overtime!
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
BlavSt furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment) ... dollars. _
Machinerv (except electrical)
do
Electrical machinery
do
Transportation equipment 9
M^otor vehicles and equipmentcf 1
Aircraft and parts
_
_ _
Ship and boat building and repairs
Railroad equipment
- - Instruments and related products
Miscellaneous mfg. industries
do __
do
do
do
do
do
X endurable-goods industries
__ do_
Excluding overtimel
_ do _
Food and kindred products 9
do _
Meat products
do
Dairy products
do _
Canning and preserving
do
Bakery products
do
Beverages
do
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
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--_
Xonmanufacturing industries:
Mining*
do
Metal
do
Anthracite
_ _.
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod
dollars _ _
Xonmetallic 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
_ doRetail 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 wages (ENR):§
Common labor
dol. per h r _ _
Skilled labor
do
Equipment operators*
_
do _
Farm wages, without board or room (quarterly)
dol. per hr__
Railway wages (average, class I)
do. ._
Road-building wages, common labor (qtrly)__ d'o_.
2 11
2.07
2.25
2 21
2.46
2 12
2.07
2.26
2.21
2.46
2.12
2.07
2.27
2.22
2.48
2.13
2.08
2.28
2.23
2.48
2.13
2.07
2.29
2.23
2.48
2.14
2.08
2.30
2.24
2.50
2.14
2.08
2.29
2.23
2.50
2.17
2.11
2.34
2.26
2.51
2. 19
2.12
2.36
2.28
2.54
2.19
2.13
2.35
2.29
2. 53
2.20
2.13
2.36
2.29
2.52
2.22
2. 15
2.38
2.31
- 2. 52
1.84
1 79
1.77
2 09
2.58
1.88
1.84
1.77
2,09
2.58
1.88
1.84
1.78
2.10
2.61
1.89
1.86
1.77
2.11
2.68
1.91
1.88
1.78
2.13
2.70
1.94
1.89
1.80
2.16
2.73
1.95
1.89
1.79
2.11
2.74
1.93
1.88
1.79
2.14
2.75
1.92
1.87
1.80
2.16
2.75
1.89
1.84
1.80
2.16
2.77
1.88
1.84
1.79
2. 17
2.79
1.91
1.85
1.81
- 2.20
-2.82
2 78
2 77
2.82
2.94
2.96
2.99
2.99
3 00
3 00
3 04
3 05
3.08
2 42
2 43
2.43
2.47
2.52
2.52
2.54
2 55
2 55
2 54
2 55
2.54
2.24
2 36
2.14
2.25
2 37
2.14
2.27
2.38
2.15
2.28
2.38
2.15
2.29
2.38
2.14
2.29
2.39
2.16
2.28
2.39
2.15
2.32
2.43
2.19
2.33
2 44
2.20
2.32
2.44
2.20
2.33
2.46
2.21
2.47
2 50
2.44
2 45
2 66
2 17
1.85
2.49
2 51
2.48
2 45
2.65
2 18
1.84
2.50
2 51
2.51
2.45
2.64
2. 19
1.85
2.53
2 51
2.54
2.51
2.65
2 20
1.84
2.55
2 54
2.55
2.55
2.64
2.21
1.84
2.55
2 55
2.55
2.56
2.67
2.22
1.85
2.55
2 52
2.57
2.58
2.71
2.21
1.85
2. 63
2 70
2. 56
2 57
2.72
2.23
1.86
2.66
2 74
2.58
2 59
2.73
2 24
1 88
2.62
2 66
2.58
2.60
2.72
2.24
1.89
1.94
1.89
2 01
2 22
1 92
1.73
1 95
2 25
1 65
1 50
1 44
1 47
1.94
1.89
2.01
2 22
1.92
1.70
1 96
2 30
1.66
1.50
1 44
1.46
1.94
1.89
2.01
2.23
1.94
1.66
1.97
2 32
1.67
1.51
1.45
1.46
1.94
1.89
1.99
2 25
1.97
1.58
1.98
2 33
1.66
1.50
1 45
1.45
1.93
1.88
1.97
2.23
1.97
1.65
1.98
2 30
1.59
1.51
1.46
1.45
1.95
1.89
1.99
2.28
1.99
1.68
1.99
2.32
1.50
1.51
1.46
1.47
1.95
1.89
2.00
2.28
1.98
1. 66
1.99
2.31
1.52
1.52
1.46
1.47
1.96
1.90
2.04
2.32
1.99
1.64
2.00
2 33
1.60
1.52
1.46
1.48
1 97
1.91
2 06
2 31
2 00
1 71
2 02
2 35
1 65
1 52
1 47
1 47
1.50
2 09
2 21
2. 55
2 27
2 45
2 74
2 84
2 29
2.65
1 57
1.51
1.50
2 10
2.22
2.58
2.29
2 45
2.72
2 82
2.30
2.66
1.57
1.51
1.50
2. 11
2.24
2.59
2.31
2.46
2.73
2.83
2.33
2.72
1.57
1.51
1. 50
2 12
2. 26
2.59
2.33
2 48
2.76
2 86
2 35
2.74
1 55
1.50
1.52
2.13
2.26
2.60
2.34
2.49
2.73
2 82
2.39
2.80
1. 56
1.51
1.53
2.14
2.27
2.62
2.34
2.50
2.76
2.85
2.39
2.80
1.58
1.53
1.53
2.14
2.27
2.63
2.34
2. 51
2.74
2 83
2.39
2.81
1.58
1.53
1.52
2 14
2 ?8
2.62
2.35
2.52
2.77
2 85
2.41
2.83
1.59
1.54
2
2
2
3
53
42
63
02
2 52
2 41
2.62
3.00
2 56
2 43
2.62
3.02
2
2
2
3
55
51
59
02
2 55
2. 53
2.59
3.00
2.56
2.54
2. 60
3.01
2 56
2.54
2.61
3 01
2 59
2 54
2.61
3 04
2 68
2.02
2 98
2.68
3 06
2.65
2.05
2.97
2.69
3.06
2.71
2.07
2.96
2.67
3.06
2.69
2.08
3 00
2.71
3 09
2. 66
2.08
3.00
2.73
3.09
2.69
2.10
3.04
2.78
3.13
2.67
2.11
3.04
2.78
3.13
2.72
2.11
3.04
2.73
3. 14
2 11
2 03
2 11
2.44
2.10
2.04
2 12
2.43
2.12
2.05
2 18
2.46
2.13
2 06
2 19
2.46
2.12
2.07
2 18
2.47
2.14
2.08
2.24
2.49
2.13
2.09
2 24
2.51
2 15
2 16
2. 18
2 19
2 18
2.20
1.68
1 34
1 85
1.87
1.69
1.35
1 85
1.91
1.70
1.37
1 86
1.92
1.71
1 37
1 86
1.93
1.71
1 35
1 86
1.93
1.71
1.36
1.87
1.91
1 11
1 13
1.31
1 12
1 13
1.32
1.13
1 14
1.34
1 14
1 14
1.33
1 12
1 14
1.33
2. 389
3 636
3.302
2.411
3 643
3. 336
2.440
3 682
3 359
2.463
3 720
3 369
.94
2.391
1.87
2.438
2. 453
.94
2.433
2.07
2.23
2. 16
2.39
2.31
2.53
i» 2 23
- 1.94
p 1. 9»>
1.81
-2.21
2.83
p 1.81
P 2 29
2.35
-2. 48
2.21
-2.35
-2.49
-2.21
p 2 36
p 2 50
p 2.21
2.62
2 66
2.59
2 59
2.70
2 25
1 88
2.63
2 67
2.58
2.60
- 2.72
2.26
1.89
- 2. 63
p 2.64
2.26
- 1.90
p 2 26
» 1. 90
1.98
1.92
2.09
2. 35
2 02
1.75
2.02
2 32
1. 64
1.53
1 47
1.48
1.98
1.92
2 09
2 34
2 02
1. 75
2 04
2 34
1 65
1 53
1 47
1 48
-2.00
1.93
2. 10
-2.00
1.93
-2. 10
p 2. 10
1 72
1.57
P 1 73
" 1 58
1.52
2 15
2 29
2.65
2 36
2 52
2 77
2 85
2 45
2 87
1 59
1 54
1.53
2 16
2.29
2. 63
2.36
2 53
2 78
2 86
2 44
2.86
1 60
1.55
1.53
2 17
2 29
2. 65
2 37
2 52
2 85
2 95
2 43
2 86
1 60
1 56
1.53
2 17
2.29
- 2. 68
-2.37
2 53
2.87
r
2 97
- 2 47
2.90
1.60
1.56
1.52
- 2 18
p 1. ,52
p 2 19
2. 67
- 2 36
p 2, 68
p 2 38
- 2 89
p 2 87
2 60
2 55
2 64
3 P-4
2
2
2
3
2
2
2
3
57
56
77
17
2 66
- 2 58
2. 77
3 19
2.68
2 13
3 10
2 78
3 19
2.71
2 12
3 11
2.75
3 19
2.81
2 13
3 10
2 76
3 18
-2.80
2.13
3 08
2.74
3 17
2.14
2 09
2 24
2. 52
2
2
2
2
2
2
2
2
2
2
2
2
2 18
2 20
2 19
2 20
2 20
r 2 22
1.71
1.36
1 89
1.90
1.71
1 35
1 90
1.92
1.68
1 33
1 88
1.94
1.74
1 39
1 88
1.97
1 74
1 37
1 91
1 96
1.74
1 37
1 90
- 1.98
1.13
1. 14
1.33
1 13
1 14
1.34
1 14
1 14
1.34
1 16
1 14
1 34
1 15
1 15
1.35
1 16
1 15
1 35
- 1 15
1 16
1.36
2.468
3 726
3 386
2.472
3 741
3 389
2.477
3 753
3 390
2.480
3 756
3 393
2.482
3 764
3 394
2.504
3 781
3 378
2.504
3 792
3 417
2.503
3 796
3 418
2.456
2. 453
.88
2. 431
2.12
2 568
2 529
1.03
2 546
1.94
2 587
16
10
24
52
64
56
66
16
17
11
27
52
ig
12
27
54
P 2. 39
P 2. .53
p 2. S3
" 2. 01
- 2. 35
2.04
1.77
2.03
2 36
1.69
1.57
1 52
1.49
r
- 2 42
1 61
p 1 61
2.503
3 796
3 424
2. 535
3 818
3 444
2.18
2 13
2 27
2. 55
99
1.99
- Revised.
* Preliminary.
|See note marked "c?" for p. S-ll.
IData 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.
cfFormerly "Automobiles." Data not affected.
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 1058
1958
April
May
June
July
1959
October Novem- DecemAugust September
ber
ber
January
February
March
April
May
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
-_
mil. ofdoL.
(Commercial paper
do
A gricultural 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
Bank debits total (344 centers)
New York City
6 other centerso^
-
..do
-do
do
Federal Reserve banks, condition, end of month:
\ssets total 9
do
Reserve bank credit outstanding, total 9
do
Discounts and advances
_ - _.do_
United States Government securities
do
Gold certificate reserves
do
liabilities total 9
Deposits total 9
Member-bank reserve balances
Excels 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. _
1,479
919
1,441
946
1,352
965
1,353
966
1,363
981
1,281
958
1,255
961
1,209
940
1,194
840
1,133
875
1, 161
897
1,054
883
1,029
822
3,527
1,958
413
1,155
3,595
1,972
405
1,218
3,670
1,989
408
1,273
3.725
2,002
425
1,298
3,766
2,017
453
1,295
3,784
2,036
473
1,275
3,802
2, 052
507
1,243
3,791
2,065
526
1,199
3,812
2,089
510
1,214
3,868
2,109
519
1,240
3,959
2,138
518
1,303
4,073
2,175
518
1,381
4 184
2,206
515
1,463
204,126
85, 510
39, 354
195,116
77, 315
38, 645
219, 465
95, 473
41, 228
206, 524
82, 214
40, 701
185, 849
68,620
37, 942
195, 205
70,887
40, 520
212, 894
79,620
43, 594
183, 092
64, 804
38, 224
238, 975
92, 711
48,690
221, 960
86, 507
44, 505
195, 770
74, 346
39,635
223, 374
84, 710
47, 485
226, 367
88, 049
46, 955
215, 964
80, 720
44. 64 G
51, 315
24, 672
156
23, 681
21, 409
50, 917
25, 313
144
24, 162
21, 005
51, 458
26, 283
41
25, 438
20, 767
50, 960
25, 477
94
24, 480
20, 621
51, 471
26, 739
555
25, 346
20, 424
51,264
26, 130
255
24, 986
20, 288
51, 538
26, 675
407
25,443
20,105
53, 254
28, 006
717
26, 229
20,019
53, 095
27, 755
64
26, 347
19, 951
52,223
27, 197
462
25, 715
19, 892
52, 226
27,020
632
25, 350
19, 893
51, 491
26, 716
327
25, 497
19,860
52,346
27, 176
500
25, 703
19, 715
52, 200
27. 777
984
25, 905
19, 605
51,315
19, 516
18, 254
568
26, 375
50, 917
19, 416
18, 176
633
26, 570
51, 458
19, 883
18, 784
626
26, 705
50, 960
18, 999
17, 764
-37
26, 802
51, 471
19, 723
18, 538
678
26, 961
51, 264
19, 171
18, 147
362
26, 871
51, 538
19, 448
18, 462
453
27, 003
53,254
20,074
18, 994
777
27,529
53, 095
19, 526
18, 504
-70
27, 872
52, 223
19. 943
18. 878
523
27,163
52,226
19, 677
18, 540
568
27,022
51, 491
19,285
18, 192
377
26,965
52, 346
19,542
18,396
r
195
26,983
52, 200
19, 687
18, 459
r<507
27, 156
46.7
45.7
44.6
45.0
43.8
44.1
43.3
42.1
42.1
42.2
42.6
42.9
42.4
41.9
55, 434
54, 560
56, 647
55, 509
55, 967
57, 283
57, 214
59, 045
58,620
57, 070
55, 889
57,804
56. 054
60, 292
4, 714
2,801
,58. 835
4. 352
2.685
Weekly reporting member banks of Fed. Reserve System, condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted©
mil. of dol. . 55,699
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol.. 57, 863
4,937
States and political subdivisions..
do
3,945
United States Government
do
25, 212
Time, except interbank, total 9 ._
...do
Individuals, partnerships, and corporations
mil. of dol. . 23, 367
1,703
States and political subdivisions .
_ do. _
14, 777
Interbank (demand and time)
do
r
f
56,917
4,739
3,556
57, 176
4,426
6,372
58,520
4,222
2,695
58,015
4,242
3,527
59. 152
4,151
2,487
60, 097
3,966
1,966
60,209
4,185
2,780
64,427
4,410
2,838
61, 235
4,325
2,766
60,358
4,172
2,723
59, 211
4,429
4,926
25, 627
26, 295
26, 432
26, 477
26, 347
26, 350
25, 977
26, 461
26, 340
26,368
26, 537
26,563
26, 791
23, 701
1,781
14, 500
24, 168
1, 956
15. 797
24, 376
1,888
14, 980
24, 519
1,790
15, 229
24, 506
1,674
15,046
24, 577
1,603
14, 531
24, 331
1,476
14, 591
24, 740
1, 538
16, 209
24,613
1,543
13, 824
24, 647
1,544
13, 544
24, 840
1,519
14, 793
24,856
1,529
13, 591
25. 039
1.578
13, 855
r
Investment 5 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
39, 488
40, 032
41, 749
41, 356
42, 133
40, 920
41, 126
41, 287
41, 181
41. 283
40, 017
40, 039
38, 852
37. 909
30, 548
2,146
1, 169
20, 159
7,074
8,940
31,093
1,964
1,298
20, 564
7,267
8,939
32, 575
2,294
1, 650
21,763
6,868
9,174
32, 002
1, 923
1, 663
21, 428
6.988
9,354
32, 674
1,389
4,421
19, 957
6,907
9.459
31,431
1,364
4,168
19, 226
6,673
9.489
31, 632
1,770
3,999
19, 112
6,751
9,494
32, 149
2,410
4,160
18, 680
6.899
9.138
31, 894
2,280
4,111
18, 637
6, 866
9,287
32. 126
2, 069
3,640
18, 294
8.123
9,157
30, 825
2,229
3,629
18, 003
6, 964
9,192
30, 543
2,552
2,690
17, 995
7,306
9,496
29,276
2,032
2,516
17,671
7,057
9,576
28. 538
2,243
2. 224
17.452
6,619
9. 371
1/oans (adjusted) totalQ
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
52, 995
30, 185
2,749
52, 068
29. 795
2,204
53, 513
30, 371
2,819
52, 156
29, 545
2. 308
52, 165
29, 885
1,831
52, 675
30, 287
1,808
52, 780
30, 337
1,641
53, 643
30, 675
1,856
55, 393
31,418
2,504
53, 896
30, 275
2,119
53, 846
30, 258
1,908
55, 483
31,172
2,275
55, 814
31, 230
2,198
56. 543
31, 614
2,. 1 1 1
1,315
8, 746
11,157
1,288
8,821
11, 118
1, 433
8,890
11,182
1, 344
8,970
11, 168
1,245
9,074
11,314
1,237
9, 182
11,342
1,240
9,350
11,388
1,234
9, 505
11, 556
1,270
9,601
11,825
1,319
9, 665
11,744
1,339
9,757
11,815
1,388
9,834
12, 051
1, 375
9,947
12,301
1,382
10. 099
12, 5SO
Money and interest rates :§
B a n k rates on business loans:
New York City
11
Vh
c\ - t
't'p
do
Discount rate (N Y F R. Bank)
. do
Federil intermediate credit bank loans
do
Federal land bank loans
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
_do
Commercial paper (prime, 4-6 months) . _ _ d o
Stock Exchange call loans, going rate*
do
Yield on U. S. Government securities:
3-month bills
.
- do
3-5 year taxable issues
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil of dol
TT S postal savings^
do
4.50
4.29
4.50
4.79
4.21
4.00
4.21
4.54
4 17
3 88
4 17
4.58
do
4.51
4.29
4.49
4.84
1.75
4 00
5.17
1.75
3.29
5.13
1.75
3.17
5.13
1.75
3.15
5.13
1.75
3.09
5.08
2.00
3.02
5.08
2.00
3.06
5.13
2.50
3.23
5.13
2. 50
3.64
5.13
2.50
3. 78
5.17
2.50
3.87
5.17
3.00
3.98
5.21
3.00
4.07
5.33
3.50
1.52
1.90
3.76
1.30
1.71
3.50
1.13
1.54
3.50
1.13
1.50
3.50
1.65
1.96
3.50
2.39
2.93
3.65
2.75
3.08
3.75
2.75
3.33
3.75
2.75
3.30
3.75
2.75
3.26
3.75
2.88
3.35
3.75
2.98
3.42
3.75
3. 17
3.56
3. %
1.126
2.33
1.046
2.25
.881
2.25
.962
2.54
1.686
3.11
2.484
3.57
2.75
3.23
3.75
2 793
3.63
2.756
3.60
2.814
3.65
2.837
3.86
2.712
3.85
2.852
3.88
2.960
4 03
2. 851
4.16
19,024
1,256
19, 128
1,241
19,340
1,213
19, 378
1,198
19, 453
1,184
19,641
1,169
19, 667
1,158
19, 778
1,146
20, 044
1,134
20, 067
1,121
20.119
1, 107
20,334
1,094
20,277
1,082
1, 070
42 617
42 985
43 079
42 923
43, 128
43. 144
43 164
43, 464
45, 065
44,415
44,071
44,203
44,916
32, 888
32,910
33, 008
33, 074
33, 165
33, 079
33, 052
33, 126
33, 865
33.768
33, 751
33, 943
34,453
CONSUMER CREDIT J
(Short- and Intermediate- term)
Installment credit total
do
14,686
14, 066
14, 155
14,223
14, 131
14, 375
14, 514
14,332
14, 164
14. 590
14. 567
! 14,691
14.613
\utomobile paper
do
8,528
8,767
8,721
8,881
8,777
9,007
8,254
8,312
8,411
8. 197
8 124
8.158
8,190
Other consumer-goods paper
do
2,146
2,116
2,146
2,107
2.125
2,127
2,149
2,128
2,061
2,091
2,048
2,038
2.017
Repair and modernization loans
do
8,645
8,386
8,
582
8,841
8,607
8,720
8.328
8,306
8,349
8.249
8,101
8,180
8, 056
Personal loans
-do
r
Revised.
» Preliminary.
d"Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
QFor 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.
*New series (from Board of Governors of Federal Reserve System). Data (available back to January 1957) are averages of daily rates for both renewal and new loans.
IJData are as of end of consecutive 4-week periods ending in month indicated, except June figure which is as of June 30 (end of fiscal year).
^Revisions, incorporating more comprehensive information, appear in the Federal Reserve Bulktin as follows: 1955-56 date, in December 1957 issue; 1957 data, in November 1958 issue.
SURVEY OF CUREENT BUSINESS
June 1950
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
s-i:
1958
April
May
June
July
August
1959
„
s
her
October
~
her
her
ary
ary
March
April
May
FINANCE—Continued
CONSUMER CREDITJ— Continued
(Short- and Intermediate- term)
Total outstanding, end of month— Continued
Installment credit, total—Continued
By type of holder:
Financial institutions, total- ._
mil. ofdol
Commercial banks.
do
Sales-finance companies .
do
Credit unions
do
Consumer finance companies
do
Other
_
do
12, 444
9,200
2,452
3,292
1,336
28, 703
12, 467
9,129
2,478
3,277
1,352
28, 774
12, 520
9,105
2,510
3,283
1,356
28,917
12, 606
9,121
2, 545
3,292
1,353
28, 983
12, 655
9,083
2,578
3.294
1,373
28, 758
12, 607
8,891
2, 591
3,280
1,389
28, 666
12, 612
8,777
2,613
3,274
1, 390
28, 648
12, 617
8,708
2,628
3, 281
1,414
28, 943
12, 730
8,740
2,664
3,381
1,428
29, 016
12, 856
8,733
2 639
3,374
1,414
29. 070
12 884
8,724
2 661
3,372
1,429
29,324
13, 028
8,780
2 700
3, 371
1, 445
29, 825
13, 312
8,921
2. 754
3, 379
1, 459
do
do
do
do
do
4,164
1,241
1,091
450
1,382
4,207
1,278
1,092
446
1,391
4,234
1,310
1,093
444
1,387
4,157
1,241
1,093
443
1,380
4,182
1,251
1.110
440
1,381
4,321
1, 393
1,110
433
1.385
4,386
1,426
1,126
427
1,407
4,478
1,474
1,149
424
1,431
4,922
1,702
1,220
425
1, 575
4,752
1.615
1 183
425
1 529
4,681
1,611
1,166
427
1,477
4, 619
1,581
1,129
430
1,479
4, 028
1, 582
1,127
439
1, 480
Xon installment credit, total
do
9,729
10, 075
10, 071
9,849
9,963
10, 065
10, 112
10, 338
11,200
10 647
10, 320
10, 260
10, 403
Single-payment loans .
Charge accounts
Service credit
By type of holder:
Financial institutions
Retail outlets
Service credit
do
do
do
3,352
3,772
2,605
3,476
4,010
2,589
3,482
4.012
2,577
3,373
3,927
2,549
3,453
3, 956
2, 554
3,495
4.033
2,537
3,414
4,191
2,507
3,499
4,297
2, 542
3, 543
5, 018
2,639
3 464
4 504
2 679
3, 503
4,004
2 753
3,618
3,883
2 759
3, 074
3, 997
2, 792
do
do
do
3,352
3,772
2,605
3,476
4.010
2,589
3,482
4,012
2,577
3,373
3.927
2,549
3,453
3,956
2,554
3,495
4,033
2,537
3,414
4,191
2,507
3,499
4,297
2.542
3, 543
5,018
2, 639
3, 404
4 504
2, 079
3. 503
4 004
2, 753
3,618
3,883
2, 759
3, 074
3,997
2 792
do
do
do
do
3,335
1,211
876
1,248
3,371
1,199
1,000
1,172
3,477
1,257
973
1, 247
3.483
1,281
956
1,246
3,385
1,193
976
1,216
3,297
1.105
993
1,199
3, 475
1,173
1, 075
1, 227
3,338
1, 091
1, 054
1. 193
4. 350
1, 300
1, 435
1, 555
3 321
1 248
880
1 187
3, 247
1 258
839
1 150
3, 780
1, 470
982
1 328
4,022
1, 580
1,074
1 308
do
do
do
do
3,387
1,313
931
1,143
3,349
1,277
966
1, 106
3,379
1,280
941
1, 158
3,417
1, 304
949
1, 164
3,294
1,246
919
1,129
3,383
1,287
935
1,161
3,502
1,341
976
1, 185
3. 204
1,189
937
1, 138
3. on
1. 295
950
1. 300
3 418
1 224
1.012
1 182
3 204
1, 190
953
1, 121
3, 594
1.324
1, 028
1,242
3 512
1, 209
1,018
1,225
do
do
do
do
3, 261
1, 143
923
1,195
3, 246
1, 094
992
1, 160
3, 262
1, 095
968
1,199
3,328
1, 151
965
1,212
3 410
1, 142
1, 018
1, 256
3 320
1,082
1,005
1,239
3 451
1. 199
1,005
1,247
3 594
1 270
1,041
1 277
3 720
1. 420
1. 002
1, 298
3 799
] 437
1, 047
1 315
3 810
1*454
1, 057
1 305
3 749
1 414
1, 058
1 277
3
1
1,
1
do
do
do do
3,390
1,326
919
1,145
3,338
1,284
940
1, 114
3,391
1,278
961
1,152
3,365
1,275
948
1,142
3,403
1, 270
947
1, 180
3,370
1,240
949
1,181
3,418
1,281
904
1, 173
3 447
1,243
1,001
1,203
3. 414
1, 202
953
1,199
3 412
1 252
950
1 204
3 483
1,281
981
1,221
3 431
1 , 205
983
1, 183
3 510
1 282
1, 000
1 228
6,039
3,496
68
7,334
4,925
63
11,849
10, 785
66
3,624
2,946
72
6,280
4,838
67
8,119
7,208
75
3,446
2,769
82
5, 979
4, 902
72
6,848
6,180
78
4 950
4 528
70
8, 152
0 576
70
10, 722
8, 420
89
6 375
4 258
85
Retail outlets, totaL
Department stores
Furniture stores .
Automobile dealers
Other
.
_ __ .
_ -.
Installment credit extended and repaid:
Unadjusted:
Extended, total
__
\utomobile paper
Other consumer-goods paper...
All other
Repaid, total
Automobile paper__ _ _
Other consumer -goods paper
All other
__ _ .
Adjusted:
Extended, total
\utomobile paper
Other consumer-goods paper
All other
Repaid, total
__
Automobile paper. __
Other consumer -goods paper
All other
__
.
28, 724
939
502
120
311
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
Receipts, net
Customs
mil. ofdol- do
do
Individual income taxes
Corporation income and profits taxes
Employment taxes.
.
Other internal revenue and receipts. __
do
..do
do
do
3,584
476
722
1,189
4,253
449
1,293
1,276
3, 665
5, 906
818
1,394
1,453
479
355
1,265
3,599
316
1,105
1,193
3,909
2, 267
549
1,320
1,387
374
386
1,217
3 735
319
816
1,038
2. 512
2.419
441
1,397
2 944
*424
321
1 192
5 202
302
1 281
1 237
2 938
5 459
857
1 378
4 002
477
558
1 255
Expenditures, total
Interest on public debt
_ _ _
Veterans' services and benefits
Major national security
A l l other expenditures.. _ _ _ _ _ _
do
do
._ do
do
_.do
6,122
613
465
3,652
1,391
5,846
595
436
3, 653
1,161
6, 621
615
431
4,312
1,263
6,613
642
431
3,752
1,788
6,198
574
404
3, 605
1,615
6, 633
578
410
3,863
1,783
7,144
600
454
4,225
1,865
6,237
007
441
3,589
1,599
7.080
647
440
4,212
1,781
6 776
675
445
3,693
1,963
0 331
630
440
3 596
1 795
0 401
049
441
3, 804
1,507
0 427
652
Public debt and guaranteed obligations:
275, 057 275, 653 276, 343 275, 466 278, 476 276, 666 280, 211 283, 060 282, 922 285, 801 285, 104 282,034 285, 353 286, 303
.G.ross debt (direct), end of month, total
do
273, 447 274, 030 274, 698 273, 910 276, 951 275, 004 278 561 281 425 280 839 283 808 283 243 280 089 283 497 284 473
Interest bearing, total
do
228, 004 227, 915 228, 452 228, 033 230, 638 229, 008 233 194 236 313 235, 999 239 901 239 373 236 149 240 220 240 271
Public issues
do
45, 443
46, 246
45, 877
46, 313
45, 996
Special issues
do
46, 115
45. 112
44, 840
43, 907
45 367
43 870
43 940
44 203
43 278
Xoninterest bearing.
do
1,525
1,610
1,646
1,661
1,622
1,556
1,635
2,084
1 993
1 945
1 650
1 801
1 830
1 856
Obligations guaranteed by U. S. Government, end
of month
mil. ofdol—
94
101
102
118
97
108
109
107
106
112
112
119
108
107
U. S. Savings bonds:
Amount outstanding, end of month
do
52, 550
52, 349
52, 263
52 193
52, 462
52, 118
52 031
51 971
51 878
51 624
51 379
51 520
51 027
51 190
Sales, series E through K§
„ do
398
352
368
376
418
369
324
370
486
378
*414
383
338
350
605
551
523
Redemptions
_
do
610
534
626
551
481
586
867
653
584
586
624
Federal business-type activities, end of quarter :cf
Assets, except Interagency, total
mil. ofdol..
Loans receivable, total (less reserves)
do
To aid agriculture
.__
do
To aid homeowners
do
All other (inch foreign loans)
do
Commodities, supplies, and materials
U. 8. Government securities
_.
Other securities and investments
Land, structures, and equipment
All other assets..
__
—do
_ do
do __
do_. .
do_
* 72, 677
22, 383
6,914
4, 628
11,327
i 73, 772
23, 280
7,402
4.607
11,721
i 76, 494
25, 493
8, 695
4,800
12, 306
21, 540
4,467
3,731
10, 459
10, 097
20, 743
4,365
3,703
10, 422
11,259
20, 810
4 198
3,703
10, 070
11,019
1
1
1
Liabilities, except interagency, total
do
8, 013
7, 680
8, 000
3,862
Bonds, notes, and debentures
do
4.037
4, 090
4,151
Other liabilities
do
3,643
3,910
1
1
i 1,204
Private proprietary interest
do
1, 229
1.298
1
1
U. S Government proprietary interest
do
i 63, 460
64, 864
67, 196
r
1
Revised.
*> Preliminary.
See note marked "cf".
|See corresponding note on p. S-16.
§ Effective May 1957, for series E and H (series J and K discontinued after April 30,1957). Data for various months through March 1959, however, include minor amounts due to late
reporting or adjustments on discontinued series (F, G, J, K).
d" Figures 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 Xo. 966; excluded from the data are activities
reported other than quarterly. Interagency items are excluded except in the case of trust revolving funds.
SUKVEY OF CUEEENT BUSINESS
8-18
I'niess otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June
1959
1958
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance :t
A ssets, 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, countv, municipal (U. S )
do
Public utility (U. S.)
_. do_.
Railroad (U S )
do
Industrial and miscellaneous (U. S.)
do
103, 058
103, 508
104, 008
104, 578
105, 054
105, 493
106, 053
106,540
107 419
108. 145
108, 583
108 945
109, 430
52, 407
7,106
2,474
14, 819
3 849
21, 195
52, 545
7,036
2, 502
14, 830
3, 848
21, 308
52, 804
7,083
2,537
14, 895
3,843
21, 400
53, 202
7,258
2 561
14, 962
3 835
21, 523
53, 444
7,300
2 597
15,012
3 839
21, 606
53, 638
7,307
2,616
15, 085
3 835
21, 700
53, 988
7,319
2 641
15, 170
3 829
21, 931
54, 172
7,344
2,672
15,183
3 828
22, 0^3
54 302
7,205
2 685
15, 2*7
3 830
22 214
54. 857
7.485
2 744
15, 306
3 817
22 348
55 038
7.414
2 774
15,332
3 812
22 531
55 151
2 840
15,403
3 809
22 680
55, 472
7, 251
2 889
15,439
3 798
22, 880
Stocks (book value), domestic and foreign, total
mil. of dol_. 3,105
1,640
Preferred ( U S )
do
1,442
Common (U. S.)
do
Mortgage loans, total
__
do
35, 840
"Von farm
do
33,213
3,118
1,641
1,453
35, 956
33, 316
3,159
1,654
1,482
36, 060
33, 409
3, 159
1 659
1,477
36, 183
33 519
3,151
1 658
1,469
36, 323
33, 645
3,191
1 657
1,508
36, 462
33, 776
3,187
1, 654
1,504
36, 648
33, 955
3,198
1,651
1,516
36, 794
34, 093
3,359
1 646
1 678
37, 097
34 388
3.365
1 640
1.689
37, 211
34 510
3,387
1 639
1 709
37, 350
34 635
3,421
1 643
1, 739
37, 486
34 753
3,439
1 647
1,752
37, 602
34 851
3, 222
4,011
1 153
3,320
3, 241
4,038
1,227
3,383
3, 280
4, 067
1 207
3,431
3 303
4,091
1 227
3,413
3, 355
4, 114
1,210
3,457
3, 368
4,138
1,209
3,487
3, 395
4,162
1, 190
3,483
3, 415
4, 183
1 242
3, 536
3 376
4,204
1 365
3 716
3 393
4, 225
1 282
3 812
3
4
1
3
414
253
225
916
3, 450
4,284
1 211
3,942
3 469
4,317
1 187
3 944
5,568
1,024
544
4,000
5,466
999
595
3,872
5,165
780
559
3,826
5,199
633
530
4 036
5.089
869
548
3,672
5,059
666
557
3,836
5,509
759
579
4,171
5,224
728
588
3 908
7,020
2, 133
499
4 388
4,724
779
459
3 486
5, 053
893
531
3 629
5, 788
791
596
4, 401
5 594
539
4 945
274
956
776
308
486
174
274
924
753
320
476
167
257
889
746
305
498
171
267
949
799
334
495
166
234
820
739
303
467
164
241
842
774
316
493
181
273
963
842
328
520
186
209
953
781
294
501
168
269
1.001
854
357
539
190
230
830
691
288
4Q4
156
234
827
704
304
448
167
278
992
867
358
550
208
261
9439
S5
348
524
196
379
158
455
361
] 55
442
370
149
442
381
166
480
355
150
442
382
153
456
386
179
495
348
145
447
423
195
559
349
137
402
367
152
426
440
176
532
420
182
518
624 2
259 2
60.7
10.4
584. 6
233 5
58. 8
10.2
579.2
229 7
58.7
9.9
590. 0
246 8
55 3
9.9
537. 0
222 6
50.9
9.5
577.8
233 1
57.4
10. 1
594. 0
244 4
60.4
9.9
536. 6
214 8
65, 4
9.0
746
264
88
9
2
5
8
7
665. 4
267. 8
65. 9
11. 4
595 3
2^0 9
54 ()
9.8
674
278
r
>3
10
49.6
132.7
111.6
49.0
123.1
110.0
49. 6
115.8
1 1 5. 5
50.7
120. 6
106. 7
48.7
108. 3
97.0
47.9
119.0
110. 3
53.9
120.2
105. 2
103.7
97. 0
l~ 135. 8
199 9
67. 5
118.7
134. 1
54. 7
117.5
111. 5
5? t j
137 *
337 2
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 \tlantie
East South Central
do
- do
do
do
do
do
.
West South Central
do
Mountain
.do
Pacific ©
do
I n s t i t u t e of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
mil. of dol
"Death benefits
do
"Matured endowments
do
Disability payments
do
\nnuitypavments
do
Surrender values
--- do
Policy dividends
do
'Me Insurance Association of America:
Premium income (39 cos ) quarterly total
do
Accident flnd health
do
Annuities
do
Industrial
2. 604. 2
451. 7
284. 1
313.7
192 6
1, 362. 1
2, 557. 2
439 0
275. 9
291 9
197 9
1 352 5
do
7 99Q
r
2 78h
4fi*
337
314
2.818.4
466. 6
338. 4
289. 4
244 5
1 479. 4
0
0
4
•)
xio
<>21 2
21)1 4
1') 0
"4
9
HI
*
11 1 '
s
7
i
4
1 442 5
MONETARY STATISTICS
"»n]d and silver:
Gold:
Monetary stock, U. S. (end of mo.)
mil.
Nel release from earmark §
Exports
tlions
Imports
\ fYic,o
Canada
United States
Silver:
Exports
Imports
Price at New York
Production:
Canada
Alexico
United States
Money supply (end of month):
Currency in circulation
Deposits and currency, total
Foreign bfink deposits, not
U S Government balances
of dol.. 21, 996
-471.5
do
62
of dol
26, 097
do
21,594
-355. 2
250
18, 177
21, 356
-285. 0
9 366
12,799
21,210
-164.3
9 328
27, 373
21,011
-196.7
88
3, 829
20, 874
—220. 2
8, 706
79,914
20, 690
-189,0
68
5,425
20, 009
-96. 9
40
11.751
20, 534
-79.3
56
12, 278
79 700
55, 500
13 400
4,500
81 300
56, 600
13 300
4,600
81 500
56, 100
13 400
4,900
84 500
57 300
13 200
6, 100
57, 900
12, 800
5,400
58, 300
13, 100
6,200
58, 900
14,000
6,700
58, 500
12, 900
5, 500
57. 700
13, 200
5,900
do
do
_ do
r
20, 476
-65. 6
0
10, 272
20, 479
-13. 0
198
10, 048
20, 442
—48.0 "-I27.Y
203
69
18, 499
3. 280
59 500
13 200
4,200
57, 800
12, 500
4. 100
13, 200
3,800
do
do
dol. per fine oz__
12, 322
.886
171
185
4, 507
.886
324
8,329
.886
360
4, 493
.886
727
4,882
.886
744
5,980
.887
204
10, 197
.900
113
5. 160
.901
90
9,219
.899
134
5,356
.902
99
6,172
.904
103
5,220
.914
thous of fine 07
do
.- ..- do ...
2, 559
3 913
3, 123
2,651
4,070
2,597
2,528
4 151
3,243
2, 386
3 919
2, 127
2,884
3,930
2, 651
2,856
4, 431
2,614
2.390
3,880
3,831
2,644
3,551
2,505
2, 918
3,886
3,426
3,094
3 680
2,330
2,265
3. 315
2,827
2. 782
2, 823
.mil. of dol._ 30, 565
239, 200
do
4, 000
do
6,700
do
30, 994
238, 900
4,000
6,800
31. 172
244, 131
3,953
10, 695
31, 171
241,900
4,000
5, 600
31,371
243,400
3.900
7,000
31,245
242,600
3,800
5,700
31.386
r
245, 100
3,800
4,900
32, 036
r
248, 200
3,700
7,100
32, 193
r
252,
022
r
3, 870
r
5, 599
31, 129
31, 125
r
249, 600 '247,100
3,800
3,700
6,000
5, 600
31, 250
246,700
3,900
5,100
2, 160
.914
. 914
2,946
31. 349
r
249, 700 P249. 400
3. 700 £ 3. 7(H)
5, 800 P 6. 4 ( K !
228, 400 228, 100 229, 483 232,400 232, 500 233,100 r 236, 400 r 237, 500 r 242, 553 239. 800 r 237, 700 237,600 rr 240, 300 ^239. 300
Deposits (adjusted) and currency, totalf
do
ooo ' 111, 900 '•115,507 ' 113, 800 111, 300 110,300 112. 500 PllO. 800
107,200 r105, 800 106, 169 108,100 107, 500 108, 100 an,
Demand deposits adjusted^
do
1
94, 500
97, 000
97, 200 r 97, 500 ' 96, 800 'r 98, 306 r 98, 400 r 98, 700
99. 500
95, 524
96, 500
99. 900 PlOO. .500
93, 600
Time deposits adjusted !
do
28,
000
28, 800
27, 700
27. 900
28,
000
27,
900
28, 740
27, 600
27,
800
27,
900
27, 900 P 28. 100
27,
600
27,
790
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
47.4
50.1
54.0
54.1
54. 5
46.4
49.4
58.2
54.8
56.6
65.7
56. 2
54, 9
51.2
New York City
. . ratio of debits to deposits, _
29.8
30.0
30.3
33.2
34.2
T' 32 S
27.4
31.0
31.4
29.6
30.3
30.2
28.2
P 33. 8
6 other centerscf
- do. _
23.1
23.8
23.2
24.9
24. 1
22.9
21.7
23.6
23.6
23.8
22.0
" 24. 3 r- 24. t >
22.1
337 other reporting centers
do
r
Revised.
*> Preliminary.
^Revisions for assets of all life insurance companies for January-July 1956 and 1957 will be shown later; data beginning 1957 not comparable with earlier data.
©Revised back to January 1957 to include data for Alaska; unpublished revisions (prior to March 1958) will be shown later. The total for ordinary insurance (beginning 1956) includes adjustments not distributed by areas.
§Or increase in earmarked gold (—).
9 Includes data for the following countries not shown separately: Mexico; Brazil; Colombia; Chile; Nicaragua; Australia, and India. Revisions for 1950-56 and January-July 1957 will bo
5hown later.
HThe 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.
SUEVEY OF CUJRKENT BUSINESS
June 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-19
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
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)
rail, 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 )
niil of dol
Motor vehicles and parts
do
All other manufacturing industries
do
Electric utilities, net profit after taxes (Fed. Res.)J
mil of dol
Railways and telephone cos. (see pp. S-23 and S-24).
2,835
273
40
3,315
319
77
4,029
312
88
21
113
392
503
145
69
198
74
113
426
648
199
85
199
57
133
470
783
161
123
321
118
255
178
143
240
204
124
260
267
92
152
284
95
40
453
100
444
387
1,784
1,706
2 046
349
357
390
SECURITIES ISSUED
Securities and Exchange Commission:J
Estimated gross proceeds, total
mil. of dol
By type of security:
Bonds and notes, total
do
Corporate
do
Common stock
_
,_
do _
Preferred stock
_
do
By type of issuer:
Corporate, total 9
do
Manufacturing
do
Extractive (mining)
do
Public utility
_
do
Railroad
do
Communication
do__ _
Financial and real estate
do
'6,961
r 2, 155
' 3, 048
' 2, 426 ' 1, 341
'2,160
1,259
492
'71
12
' 2, 082
'1,059
55
23
' 6, 830 r 2, 034
»-586
' 1, 099
'85
36
' 2, 930 ' 2, 137
'910
'843
'41
219
70
'77
'707
'192
7
345
12
'42
'80
'961 ' 1, 199
'557
'296
'4
' 16
'402
'431
1
28
12
102
'84
'37
90
41
' 1, 230
"•632
r 41
320
20
79
'40
5,731 ' 1, 448 ' 2, 087
Noncorporate, total 9
, _ _ _ _ do. _ _
368
4,269
1,411
U S Government
do
877
798
554
State and municipal
,
_do_ _New corporate security issues:
r
'692
1,211
Estimated net proceeds total
do
' 946
Proposed uses of proceeds:
'527
' 1, 036
New money total
do
' 718
'452
' 595
••886
Plant and equipment
do__ _
T
' 75
150
Working capital
do
' 122
'71
'95
Retirement of securities
do__ _
' 59
104
' 69
Other purposes
_ _ __do
' 169
State and municipal issues (Bond Buyer):
Long-term
. thous. of dol__ 797, 617 876, 838 553 658
356 990 353 774 263 860
Short-term
do
' 1, 227
418
631
'575 ' 1, 137
' 129
'483
'39
13
287
'183
11
4
'14
'10
' 52
'34
767
369
389
' 1 176
' 564
r I 121
' 489
' 405
r I
25
r 50
' 1, 452
' 1 899 5 780
2,132
1,921
4,449
' 1 644 5,618
r 746
724
126
' 204
r 51
36
1,843
481
234
55
1,723
457
151
47
4,141
561
216
92
885
169
19
302
21
35
226
770
132
14
r
281
U
104
' 162
191
24
63
116
656
100
10
336
7
10
107
869
290
12
315
17
10
131
' 899
370
448
4,894
3,971
639
1,362
420
881
1,266
443
637
3,580
2,583
940
890
' 277
' 17
316
11
' 48
' 120
' 1, 023 ' 2, 186
352
1 461
647
439
' 1 029
' 889
' 140
' 70
' 77
r 84
3,076
' 2, 837 ' 1, 330
'420
' 651
'110
170
12
' 69
017
r (506
T 411
T 7
' 97
'542
'131
41
'130
14
90
r
89
910
324
459
r 1 000
r 241
r 4
873
' 533
r
983
869
754
640
848
' 744
T 504
' 241
' 11
'r 460
347
' 114
' 820
r 542
r 278
r 63
r 100
794
490
304
29
46
600
461
139
9
145
539
405
135
9
92
777
575
202
22
49
r H8
r 15
' 58
631 365 389 004
288 907 423 300
647 477
369 359
439 391
231 298
458 783
414 697
448 393
242 808
639, 272
189 716
880, 865
427, 682
332
3 152
1 103
2 002
345
3 231
1 119
2 075
346
3 311
1 140
2 025
346
3 369
I 148
2 133
357
3 431
1 159
2,306
374
3 452
1 226
2 221
374
3 410
1 196
2 186
636, 829 ' 939, 972
294, 892 ' 562, 926
534, 110
407 361
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
322
2,869
985
2,051
312
2,997
979
2,052
324
3 168
1 047
2,398
331
3 170
1 080
2 208
379
3,458
r 1 257
2,195
359
3 565
1 205
2,408
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
97.50
97.78
totnl§
_
_dollars-96 82
95 69
92 32
91 60
91 03
90 99
91 74
92 47
91 28
91 77
92 47
97 74
91 72
98.03
Domestic
do
92 63
91 12
97 04
95 89
91 16
91 41
91 90
91 92
Foreign
do
82 14
80 39
80 64
82 27
81 67
80 80
81 11
81 46
80 88
80 72
80 92
80 95
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al+issues) :
98.0
105.3
98.1
105.5
Composite (21 bonds) d"--— dol. per $100 bond..
98.2
105.5
104.2
102.0
98.9
98.7
98.6
98.8
110.0
111.0
103.4
Domestic municipal (15 bonds)
do
101. 8
102.2
108.0
103.7
110.8
100.9
. 102. 3
102.3
100.6
97.94
98.23
87. 54
87.38
97.17
U. S. Treasury bonds, taxable© _
do
87.37
91 51
94 78
89 51
89 36
88 90
90 13
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol_. 120, 171 119, 914 123, 517 121, 140 120,651 122 594 161 393 157 707 165 314 173, 645 144, 550 199, 318
Face value
do
127, 627 124, 411 129, 333 126 294 127 385 126 495 156 838 146 107 158 556 173, 744 139, 007 175 922
New York Stock Exchange:
118, 129 118, 070 121, 728 119, 247 119, 220 120 972 158 973 155 965 163 671 170, 334 142, 666 196, 941
Market value . _.
.
do
125 249 122 367 127, 603 124 171 125 769 124 673 154 274 145 264 156 751 164 981 137, 114 173 466
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, total §
thous of dol
116 482 106 176 113 936 113 220 106 733 119 875 137 703 130 267 135 872 148 943 121, 667 150 585
1
5
o
0
o
0
o
0
o
o
0
U. S. Government
do .
100
Other than U. S. Government, total§
.do
116, 482 106, 176 113, 936 113, 220 106, 633 119, 875 137, 703 130 262 135, 872 148, 942 121, 667 150, 585
111, 368 101, 236 107, 332 106 551 101, 128 114, 465 131 844 124 296 129 349 142 361 114, 413 143 741
Domestic
do
Foreign
_
_._do
4,941
7,254
5,090
6.844
6,637
5,408
6,577
6,598
6.523
5,506
5.859
5.966
' Revised.
* Preliminary.
JRevisions for electric utilities for 1955 and 1956 appear in the July 1958 SURVEY. Revisions for securities issued (SEC) for January-March 1957 and 1958 will be shown
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.
cf Number of bonds represent number currently used; the change in the number does not affect the continuity of series.
O Prices are derived from average yields on basis of an assumed 3 percent 20-year bond. Comparable data back to January 1957 appear in the July 1958 SURVEY.
90 02
90 14
82 63
97.0
102.2
86 21
168, 307
152 583
165 266
149 690
137 284
o
137, 284
131 689
5, 595
later.
95.0
100. 4
85 31
SURVEY OF CUERENT BUSINESS
S-20
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
j June
i
July
1959
DecemAugust SeptemOctober November
ber
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
115 751 116 027
113, 456 113, 688
1 416
1 383
118, 287
115, 802
1,423
116, 425 110, 165
113, 955 107, 683
1 425
1,462
107, 711
105, 251
1,448
108, 045 109, 238
105, 549 106, 718
1 461
1,481
Face value, total, all issues §
do
118 720 118 662
116,075 115, 976
Domestic - _
do
Foreign
do
1 756
1 721
Yields:
Domestic corporate (Moody's)
percent..
4.00
4.02
By ratings:
Aaa
.
do
3 57
3 60
Aa
do
3 78
3 78
4 01
A
_- do
4 02
Baa
do
4 62
4 67
By groups:
Industrial
_
do
3 80
3 83
3.89
3.90
Public utility
do
Railroad
._
. d o
4 30
4 32
Domestic municipal:
2 92
Bond Buyer (20 bonds)
do
2.91
Standard and Poor's Corp. (15 bonds)
do
3.25
3.31
3.14
U. S. Treasury bonds, taxable©
do
3.12
122,178
119,338
1,762
121, 673
118,836
1,756
119, 336
116, 455
1,795
117, 407
114, 527
1,794
117, 734
114, 831
1,805
118, 133
115, 204
1,829
3.98
4.02
4.17
4.39
4.42
4.40
3.57
3 78
4.00
4 55
3.67
3 83
4.04
4 53
3.85
3 98
4.19
4 67
4.09
4.20
4.40
4.87
4.11
4.21
4.45
4.92
4.09
4 21
4.43
4 87
3 77
3.88
4.28
3.81
3.94
4.30
3.94
4.16
4.42
4.24
4.41
4.52
4.25
4.46
4.56
3.05
3.26
3.19
3.13
3.45
3.36
3.52
3.74
3.60
3.54
3.96
3.75
2
9
6
8
1, 742. 5
118 8
1, 154. 7
118 0
806.6
164 8
271.2
7.5
321.0
73 6
123.9
2 3
166 6
99.1
21 3
62.9
58
13
88 8
2 7
15.0
71
69 2
150.2
61.8
41.4
28.4
173.2
99.9
18.7
64.3
7.0
5.32
5.80
2.50
3.33
3.75
4.07
5.30
5.77
2 50
3.29
3 75
4.07
5. 30
5.76
2.50
3.27
3.75
4.07
122. 35
138. 30
56.05
52.22
124.05
139. 97
56 78
54. 25
4.35
4.19
4.46
6.38
4.76
3 08
4.27
4.12
4 40
6.06
4.58
3 08
105 866 106 401 107 215 106 638
103, 266 103, 768 104, 573 103, 966
1,564
1 525
1 475
1 515
106 004
103, 343
1 574
115 981 116 934
112, 965 113, 883
1 823
1 855
117 052
114, 009
1 856
117, 142
114. 053
1,901
117, 751
114, 652
1,905
4.38
4.41
4.43
4.40
4.47
4.60
4.08
4 18
4.42
4 85
4
4
4
4
12
22
43
87
4.14
4 24
4.43
4 89
4.13
4 23
4.40
4.85
4 23
4 32
4.45
4 86
4.37
4 46
4.61
4.96
4.23
4.40
4.56
4.24
4.39
4.52
4 28
4.43
4 53
4.31
4.46
4.51
4.28
4.43
4.51
4 35
4.49
4.56
4.46
4.67
4.67
3.38
3.94
3.76
3.30
3.84
3.70
3.40
3.84
3.80
3 45
3.87
3 90
3.29
3.85
3.92
3.33
3.76
3.92
3.50
3.84
4.01
3.61
3.97
4.08
1, 723. 1
119.2
1, 143. 2
110.7
819.5
173.3
271.8
8.5
314.1
79 0
117.4
25
2, 139. 0
268 9
1. 337. 5
141 0
873.7
192 3
269.6
78
387.1
134.4
118.0
2.5
1, 798. 6
123 7
1, 184. 6
105 4
810.7
156.2
275.8
8.5
317.9
71.4
124.5
3.2
14
91.1
58
14.4
8.5
71.6
151.3
59.0
41.5
26.6
174.4
100.5
19.4
65.4
6.2
1.3
91.5
2.8
13.2
6.4
73 4
161.7
73 8
50.8
31.9
175 1
100.5
29.8
88.2
10.4
1.4
93.4
6.1
23.1
8.2
72 1
156.6
81.2
45.0
30.0
175.8
105.7
21.0
60.2
7.5
1.6
94.8
2.5
13.3
6.6
5.28
5.74
2.51
3.27
3.75
4.07
5.26
5.71
2.51
3.27
3.76
4.07
5.25
5.71
2.51
3.25
3.77
4.07
5.27
5.69
2.51
3.32
3.77
4.07
5.22
5.63
2.52
3.35
3.77
4.07
5.24
5.64
2.57
3.40
3.77
4.23
5.27
5.68
2 59
3.40
3 78
4.23
5. 35
5.72
2.59
3.40
3 78
4.23
5.35
5.72
2.59
3.40
3.81
4.23
5.39
5.75
2.60
3.40
3.81
4.23
5.41
5.80
2 60
3.40
3.81
4.26
127. 67
144.74
57.74
55. 29
132. 89
151. 57
58.21
60.16
134. 46
153.48
57.20
61.12
141. 29
161.34
59.38
66.43
144. 82
165. 03
61.08
69.12
147. 66
168. 37
62.18
72.71
156. 81
177. 75
66.37
73.89
156.98
176.93
66.66
74.82
156. 96
175. 43
67.40
75.48
155. 86
174. 47
68.12
73.93
163. 87
184. 82
67.24
76.95
166. 31
188.58
66.28
77.47
4.15
3.98
4.33
5.91
4.53
2.99
3.97
3.79
4.31
5.44
4.54
2.94
3.91
3.72
4.39
5.35
4.43
2.97
3.72
3.54
4.23
4.89
4.15
2.98
3.64
3.45
4.11
4.80
4.14
2.75
3.54
3.34
4.05
4.61
4.09
2.68
3.34
3.17
3.87
4.60
4.00
2.54
3.36
3.21
3.89
4.54
3.92
2.51
3.41
3.26
3.84
4.50
3.69
2.48
3.43
3.28
3.80
4.60
3.95
2.53
3.29
3.11
3.87
4.42
3.98
2 57
3.25
3.08
3 92
4.39
3.73
2 67
Stocks
Cash dividend payments publicly reported:!
Total dividend payments
mil. ofdol__
Finance
do
Manufacturing
do
Mining
_
do
Public utilities:
Communications
do
Electric and gas
do
Railroad
do
Trade
do
Miscellaneous
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
Dividends per share, annual rate (200 stocks) -dollars..
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do_ ..
Bank (15 stocks)
do
Insurance (10 stocks)
do
Price per share, end of month (200 stocks) 9 - --do
Industrial (125 stocks) _
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do_ __
Yield (200 stocks)
Industrial (125 stocks) _
Public utility (24 stocks)
Railroad (25 stocks)
Bank (15 stocks)
Insurance (10 stocks)
.
percent-do
do
do
do
do
Earnings per share (at annual rate), quarterly:
Industrial (125 ^tocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)
percent _
Prices:
Dow Jones & Co., Inc. (65 stocks)
dol. per share. _
Industrial (30 stocks)
do
Public utility (15 stocks)
do
Railroad (20 stocks)
_.
_ do _
Standard and Poor's Corporation:
Industrial, public utility, and railroad :<?
Combined index (500 stocks)
1941-43=10 .
Industrial, total (425 stocks) 9
.
do
Capital goods (129 stocks)
do
Consumers' goods (196 stocks)
do
Public utility (50 stocks)
.
do
Railroad (25 stocks)...
do...
Banks:1
N. Y. City (12 stocks)
do....
Outside N. Y. City (17 stocks)
do
Fire insurance (17 stocks)..
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value!
mil, of dol
Shares soldj
thousands
On New York Stock Exchange:
m
Market valuet
il- of dol.
Shares soldj
thousands
Exclusive of odd lot and stopped sales (N. Y.
Times)
thousands
Shares listed, New York Stock Exchange:
Market value all listed shares
mil. of dol
Number of shares listed .
.
. millions
780 4
145 9
270 0
88
311
68
124
2
8.10
3.60
19.09
7 20
3 53
3.50
r
10 70
3.63
9.52
4.37
4.31
4.28
4.36
4.45
4.58
4.64
4.65
153. 74
446 90
75. 75
106.86
159. 15
460 04
77. 65
113.73
163. 12
471. 97
78.64
117.68
168.87
488.28
79.64
124.78
174. 55
507.55
78.71
132. 32
179. 36
521. 82
80.06
136.96
186.56
539.85
82.07
146. 52
193. 59
557. 10
85. 56
153.80
42.34
43.70
44.75
45.98
47.70
48.96
50.95
52.50
53.49
45.09
42.61
32.78
35.54
23.20
46.51
43.86
34.18
36.57
24.74
47.62
45.17
34.78
37.31
25.54
48.96
46.92
36.01
37.82
26.86
51.00
49.75
37.44
37.50
28.43
52.40
51.34
38.90
37.97
29. 51
54.55
53.60
40.65
39.15
31.23
56.11
55.20
42.47
40.75
33.07
57.09
56.84
43.31
42.05
33.70
20.26
40.17
27.36
20.54
40.96
27.51
21.23
41.44
28.16
21.24
41.94
28.38
21.47
42.62
28.72
22. 54
43.98
28.54
23.28
45.25
29.49
23.55
46.68
31.83
24.03
48.16
33.42
2,361
81, 569
2,748
97, 823
2,771
93, 976
3,322
110, 944
3,350
115, 724
3,442
115, 052
4,823
161, 286
3,991
130, 626
2,019
58,502
2,319
69, 192
2,340
65, 812
2,829
80, 233
2,895
83,502
2,922
80, 695
4,172
118, 112
3,407
91, 504
10 30
3 69
4 12
r
T
4.54
4.52
4.48
4.51
4.68
196. 91
206. 21
566. 43 • 592 29
88.09
91.66
155,00
163. 87
205.02
590.72
91.03
161.69
210. 19
609.12
93. 68
162. 56
212. 12
616 99
92.58
165. 30
214. 78
630 80
91.33
166.54
55.62
54.77
56.15
57.10
57.96
59.30
58.98
44.65
43.96
35.53
58. 33
59.33
44.23
43.71
35.20
59.79
61.67
45.10
45.06
35.47
60 92
62.10
45.87
45 12
35.94
62 09
64.81
47.12
44 30
36.07
24.56
50.35
34.96
25.23
50.08
34.78
26.30
52.09
35.60
24.70
51 37
34.22
25.15
50 47
33.39
4,368
4,982
146, 227 * 166, 968
3,790
133, 963
5,307
186,209
4,799
149, 602
3,143
80, 357
4,330
108 433
3,934
91 630
4.63
3,682
96, 124
4,195
105, 627
50, 305
54, 179
56, 618
69, 496
62, 373
71, 972
95, 987
74, 366
75, 018
83, 253
Q5, 793
82,450
75 887
214, 040
4,861
218, 773
4,870
224, 904
4,883
234, 507
4,903
237, 509
4,906
248, 388
4,916
255, 117
4,933
261, 828
4,959
276, 665
5,017
280, 826
5,075
282, 105
5,089
283 202
5, 106
294 256
5,163
70 969
r
Revised.
v Preliminary.
* Includes $2.71 retroactive mail pay increase.
§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.
©For bonds due or callable in 10 years or more.
t Re visions for 1955-November 1957 will be shown later.
9 Includes data not shown separately.
cfNumber of stocks represents number currently used, the change in number does not affect the continuity of series.
IData not shown in 1957 BUSINESS STATISTICS; indexes prior to August 1956 are available upon request.
tRevised to exclude sales of rights and warrants. Comparable data prior to May 1957 will be shown later.
June 1959
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-21
1958
April
May
June
July
1959
October Novem- DecemAugust 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
' 6, 697
'777
' 6, 120
' 549
' 6, 673
' 531
5,899
485
' 4, 191
'699
••3,030
' 3, 806
'703
' 1, 062
' 4, 176
'913
' 1, 053
3 789
664
961
Imports of goods and services, total
Merchandise, adjusted© d"
Income on foreign investments in U. S
Military expenditures
Other servicescT
-
' 5, 250
* 3, 166
' 150
'908
' 1, 026
' 5, 372
' 3, 124
' 164
'841
' 1, 243
' 5, 425
' 3, 517
' 188
'838
'882
5,440
3,607
181
805
847
do
do_ _do
do _
- do
Balance on goods and services
do
'+1, 447
'+748
'+1, 248
+459
Unilateral transfers (net), total.
Private
Government
do
do
do
'-1, 376
'-1,090
-123
-967
'-1, 147
'—142
'-1,005
-1, 105
—141
-964
-783
—451
—332
+424
+483
'+218
'-892
'—726
'—166
'+531
+347
'-87
-483
-394
—89
+828
+96
+205
U. S. long- and short-term capital (net), total
Private
Government
Foreign long- and short-term capital (net)
Gold sales [purchases ( — )1
Errors and omissions
r
do
do __
do
-do
do
do
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:}:
Quantity
--- - 1936-38— 100__
Value
do
Unit value
do
Imports for consumption :J
Quantity
_ _- do
Value
do
Unit value
do
Agricultural products, quantity :f
Exports, U. S. merchandise, total:
Unadjusted
1952-54=100
Seasonally adjusted
do
Cotton (incl linters), seas adj
_
do
Imports for consumption, total:
Unadjusted
do
Seasonally adjusted
do
Supplementary imports seas adj
do
Complementary imports seas adj
do
Shipping Weight
Water-borne trade:
Exports incl reexports §
thous of long tons
General imports
do
Value*
Exports (mdse.), including reexports, totall
mil. of dol__
By geographic regions: A
Africa
do
Asia and Oceania
-__ _ do
Europe
do
127
'-1,249
'-1,247
'-1,025
r — 222
'-6
+1. 075
'+107
287
622
216
309
666
216
266
572
215
266
575
216
264
567
215
257
554
216
300
650
216
300
649
216
282
613
218
*260
P568
P219
i>238
P519
?218
*>269
*>591
*>220
182
510
280
185
513
278
179
494
276
184
509
276
171
469
275
191
523
273
206
562
273
193
629
274
220
599
273
P203
p553
J>273
*200
*>543
P271
P230
p621
P270
145
149
155
157
159
176
149
169
142
147
190
354
134
167
127
131
141
99
155
140
62
151
127
94
152
124
67
142
133
53
115
111
52
109
94
102
89
110
116
108
123
94
97
107
89
96
107
121
95
89
97
114
84
94
103
110
98
107
123
111
132
101
116
123
112
118
107
126
99
103
90
106
81
113
106
109
104
8,483
11, 675
9,043
12, 491
9,299
14, 134
9,293
13, 996
10,240
12, 830
9,013
13, 614
9,591
15, 182
8 890
12, 944
7,031
14, 977
1.529.8
1,638. 0
1,406.3
1,415. 6
1,396. 4
1,360. 9
1,598. 9
57.3
256.3
375.1
59.0
261.4
436.8
47.4
239.6
350.9
47.0
208.2
370.0
46 6
218.4
359 4
36 2
212.2
345 0
40.5
224.0
416.2
1, 596. 2 1, 513. 6
73 7
247.9
412 0
46 8
250 8
384 0
1, 400. 4 1, 280. 2
1, 456. 3
1, 468. 0
36 3
227.7
304 8
62 9
263.9
355 2
52.8
246.1
351.4
58.3
248.4
366.2
294.2
313.8
322.1
268.9
262.0
321 2
327.1
283.5
306.6
290.3
265.9
Northern North America
do
274 7
278 0
184.2
183 7
176.6
142.9
163 3
183 7
141 7
151 0
161 7
168 4
164 0
166 5
Southern North America
do
136 5
171.8
185.8
199.1
165.4
170.7
185.5
187.3
192.8
167
1
158.1
160.0
144
6
South America
do
205 3
Bv leading countries: A
Africa:
3.4
3.2
3.6
3.6
4.3
5.9
3.2
5.8
10.5
4.5
4.3
United Arab Republic (Egypt Region). _do
3.7
3.5
18.2
27.1
15.4
26.8
18.3
17.5
18.0
19.1
20.0
12.7
19.6
Union of South Africa
_ ._
do _
14 6
17 8
Asia and Oceania:
15.2
12.6
18.4
22.9
14.6
15.4
16.0
21.4
15.6
12.7
15.3
13 3
\ustralia including New Guinea
do
14 2
2.8
2.3
2.3
2.0
2.1
1.5
24
2.6
18
1.7
2.9
2 0
2 2
Colony of Singauore
do
34.6
27.8
51.2
36.9
36.8
22.7
42.0
26.8
32.3
India and Pakistan _
do
51.7
38.5
39.0
38.2
73
3
83.2
71.7
64.1
67.3
75.7
59.9
72.9
73.
5
67.3
51.3
Japan
do
81 0
72 8
4. 1
4.8
5.7
8.4
3.5
3.3
3.8
4.5
3.5
5.0
4 8
4.0
36
Republic of Indonesia
do
21.8
23 7
28.1
16.5
27.9
34 2
22 1
17.9
20 8
24 0
21.8
25 0
Republic of the Philippines
do
16 6
Europe:
32.1
35.9
47.3
38.5
28.2
27.5
33.3
25.4
24.6
31.6
31.7
33 2
23 2
France
do_
1
(i)
(i)
.1
(i)
(i)
.2
0
0
0
0
0
0
East Germany
_
do
54.1
65.4
52.3
62 2
67.8
58.6
58.4
56 5
60.4
53.8
62 7
61 1
West Germany
do
52 0
25 7
43 5
43 4
45.5
36.4
42 3
41 7
34 5
28 7
34 7
35 9
35 0
35 3
Italy
do
9
.1
(i)
(i)
(i)
.1
.6
.4
1.5
.6
.3
14
Union of Soviet Socialist Republics
do__
0)
102.1
74.3
55.8
62.7
58.3
60.2
81 8
58 3
53.4
67.0
85 5
United Kingdom
do
50.9
61 8
North and South America:
294.2
321.1
322.1
313.8
283.5
268.9
327.1
262.0
265.8
290.3
306.5
278 0
274 7
Canada
-- -do
325 6
327.5
289 0
344 6
360 5
351.0
296 6
293.0
337 2
307 4
305 9
Latin American Republics, total 9
do
260 5
350 5
16.4
18.8
13.2
26 4
20.4
18.1
23 2
16 8
14 2
26 5
18 8
15 3
30 6
Argentina
do
44.2
46.2
46.3
39.5
36.2
41.6
45.0
39.9
46.0
34.9
29.1
58 1
49.5
Brazil
do
11.2
15.8
10.2
12.7
10.8
10.4
13.8
10 4
15 3
10 5
90
11 1
Chile
--- do
10 7
14.4
16.4
14.2
15.4
16.4
15.6
16.2
12.8
17.4
14.2
13 9
15.0
14.5
Colombia
_
__do_ .._
42.3
44.9
43 2
45 7
53. 1
43 4
42 2
31 1
32.7
40 2
33 4
32 8
40 5
Cuba
do
87.9
60.8
61.5
81.8
59.9
73.3
82.6
72.8
63.2
57.8
68.7
55.6
71.8
Mexico
do
71.6
75.3
74.8
60.9
54.1
55.8
63.4
63.0
64.5
60.0
61.7
55.8
69.5
Venezuela
do
' Revised.
* Preliminary.
* Less than $50,000.
^Revisions for balance of payments for 1919-55 appear in the 1958 Balance of Payments Supplement. Revisions for following periods will be shown later: 1st qtr. 1956-lst qtr. 1958 for
balance of payments; January 1956-February 1958 (general revisions in both exports and imports); July-December 1955 and January-May 1954 (totai 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.
©Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing.
(^Excludes military expenditures.
fRevised series; see similar note in September 1958 SURVEY.
§Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
IfData 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 1958-April 1959, respectively—121.7; 131.4; 98.7; 129.0; 113.2; 121.6; 181.3; 188.5; 135.0; 114.5; 96.7; 81.2; 125.1.
AExcludes "special category" shipments.
9Includes countries not shown separately.
SURVEY OF CUEEENT BUSINESS
S-22
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
July
1959
Novem- DecemAugust SeptemOctober
ber
ber
ber
January
February
March
April
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuei— Continued
Exports of U S merchandise totalf
mil.
By economic classes:
Crude materials
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures $
Finished manufactures 9
By principal commodities:
Agricultural products tota!0
Cotton unmanufactured
Fruits vegetables and preparations
Grains and preparations
Packing-house products
Tobacco and manufactures
N on agricultural products total©
1, 623. 3
1 ,394. 3
1,401.9
1,382.0
1,351. 1
1,584. 1
1, 384. 8
1, 226. 0
1, 441. 3
1, 452. 1
174.7
104. 7
92.8
187.1
956.2
188.4
100.3
110.6
207.6
1,016. 4
175.5
112.6
103.4
168.4
834.5
183.5
104.7
88. 2
169.2
856.3
160.4
120.0
77.3
186.5
837.7
160.7
108.8
88.7
182.6
810.2
199.1
114.6
104.4
222.4
943.5
195.8
109.0
87.9
213.4
975.6
161.4
124.1
90.9
191. 9
925.2
143.4
130.0
78.6
189.2
843.6
113.3
107.8
65.8
175.8
803.3
134.0
120.1
76.7
191.9
918. 6
131.9
113.4
78.8
203.6
924.5
do
315.7
344.7
327.5
314.9
293.4
297.2
357.6
341.8
337.5
310.0
249.5
292.0
296.5
73.0
28.9
112. 1
16.0
21.8
76.6
34.4
95.2
21.2
25.7
61.5
37.7
112.0
17.7
30.9
63.9
30.9
109.7
19.7
32.0
28.4
28.2
120.4
17.8
36.3
30.2
31.6
110. 4
18.9
52.6
25.2
40.4
117.1
22.1
71.3
45.6
28.8
109.5
24.2
47.8
39.8
28.7
119.5
19.1
43.0
30.0
23.4
130.1
23.7
26.4
26.5
24.5
104.7
20.0
18.8
36.3
27.3
118.6
21.4
31.8
31.7
29.5
111.0
20.6
24.6
1,199.9
1,278. 7
1,066.8
1,087. 0
1,088.6
1,053. 8
1, 226. 5
1, 239. 8
1, 156. 1
1, 074. 8
1, 016. 4
1, 149. 3
1, 155. 6
122.2
114.2
46.1
65.6
131.5
127.9
46.0
61.9
99.7
113.3
50.5
44.4
92.6
109.2
45.4
42.1
84.1
109.5
55.6
42.7
80.4
106.1
47.9
45.9
97.3
119.9
47.6
60.1
114.9
117.9
42.7
57.5
127.7
113.5
31.8
44.6
104.0
115.2
34.3
45.1
104.2
116.6
25.6
44.0
118.0
122.2
29 9
51.0
118.1
119.5
31.9
52.7
do
346.5
368.2
319.0
312.0
298.8
289.3
316.1
319.8
313.9
287.8
291.2
326 9
354.0
do
- do
do
- -- do
do
13.9
29.9
87.1
28.1
174.1
14.8
31.6
88.7
35.4
181.4
10.9
29.1
79.2
28.7
157.7
10.3
28.5
80.2
28.6
151.8
8.7
23.2
76.2
27.7
150.3
8.1
22.5
80.2
22.5
142.3
7.9
24.1
89.2
27.6
152.7
8.1
18.2
91.7
33.2
154.9
8.3
17.8
92.8
35.7
143.0
8.5
22.3
70.1
29 3
142.9
10.8
25.8
71.9
25.4
142.3
14 1
31.7
81 2
27.1
158 1
16.2
33.8
80.8
32.0
166.5
do
do
50.9
62.6
49.4
52.8
38.2
43.8
50.4
40.4
52.9
46.9
44.7
46.7
49.0
54.8
51.0
49.5
39.4
47.7
40.8
44.5
35.7
42.8
39 2
53 4
45.2
49.3
1,056. 8
1,060. 9
1,031. 3
1,049. 1
950.2
1,074. 0
1,141.8
1,089.0
1, 253. 4
1, 154. 2
1, 118. 1
25.7
181.5
251.3
38.0
178.3
285.3
46.2
193.7
319.8
35.9
181.6
316.1
53.5
209.8
353.6
43.6
216.7
339.6
47.9
198.1
312.4
59 7
240.7
370 6
57.0
239.0
376.6
do__
do
do _
do
-_ __do
do
Automobiles parts and accessories
Chemicals and related products!
Coal and related fuels
Iron and steel-mill products
Machinery total§©
Agricultural
Tractors parts, and accessories
Electrical
Metalworking§
Other industrial
Petroleum and products
Textiles and manufactures
General imports total
By geographic regions:
Africa
\sia and Oceania
Europe
1,515.5
do
do
do
do
do
of dol
do
do __
do
_ do
mil. of dol
1, 581. 6 I, 493. 6
1 300 9 1, 220. 9
57.8
180.5
258.6
45.7
175.1
270.5
45.5
185.6
246.8
41.1
184.2
286.1
207.4
Northern North America
do
171.5
Southern North America
do
181.0
South America
do
By leading countries:
Africa:
.5
United Arab Republic (Egypt Region) -do . 8.6
Union of South Africa
do
Asia and Oceania:
6.9
\ustralia including New Guinea
do
2.7
Colony of Singapore
do
18.0
India and Pakistan
do
50.0
Japan
do
13.1
Republic of Indonesia
do
25.5
Republic of the Philippines
do
Europe:
22.5
France
do
.3
East Germany
do
52.0
^Vest Germany
do
19.9
Italy
do
1.1
Union of Soviet Socialist Republics
do _
64.7
United Kingdom
do
North and South America:
207.3
Canada
do
314.1
Latin American Republics, total©
do
11.8
Argentina
- __do
46.2
Brazil
do
14.6
Chile
do
21.0
Colombia
do
48.8
Cuba
- - do
51.2
Mexico
do
71.0
Venezuela
do
Imports for consumption, total
mil. ofdol__ 1,046.8
By economic classes :d"
218.2
Crude materials
do
182.7
Crude foodstuffs
do
126.7
Manufactured foodstuffs and beverages
do
211.1
Semimanufactures _
do
Finished manufactures
. do __ 308.2
By principal commodities:^
348. 2
Agricultural products, total©
do
15.6
Cocoa (cacao) beans, Incl. shells
do
Coffee
do
116 5
6.4
Hides and skins
do
18.6
Rubber, crude, including guayule
do
50.9
Sugar
do
15.5
Wool and mohair, unmanufactured
do
Nonagricultural products, total©
do
698.7
Furs and manufactures
_
do
7.7
Nonferrous ores, metals, and mfs., total©..do
99.5
26.5
Copper, incl. ore and manufactures
do
9.2
Tin, including ore
do
23.6
Paper base stocks
_do
Newsprint
do
53.1
Petroleum and products
do
127.1
219.7
156.6
193.3
235.4
144.3
173.7
235.1
151.0
184.5
210.0
110.3
171.4
257.9
125. 7
188.7
252.2
120.2
209.7
230.0
123.3
202.1
233.0
161.1
242.5
184.9
163.7
205.7
193.9
160.8
205.1
227 9
175 1
226 9
234.5
139.7
174.2
.6
7.9
1.7
9.3
6.0
7.3
.6
4.3
.2
8.2
.1
8.4
.3
5.2
3
10.7
4 5
7.8
.7
10.6
66
9.0
6.6
10.4
10.8
2.2
17.4
49.4
14.3
26.1
9.1
2.9
••13.2
52.0
18.1
25.9
7.2
1.5
15.3
60.5
9.9
30.7
4.6
2.3
14.6
60.8
11.4
24.5
4.3
2.7
18.8
55.4
15.3
22.2
8.4
4.1
14.6
64.1
18.4
20.5
54
2.9
16.3
62.3
14.1
21.4
10 6
4. 1
20 7
66.3
16 4
15.5
10 8
3.6
20 3
66.6
17.6
19.9
12.5
2.9
16.6
60.4
18.1
18.8
11 7
26
22 0
83 1
12 6
27.4
19.8
1.6
23.0
79.5
15.9
25.8
22.2
.3
51.1
18.7
2.1
71.8
21.7
.7
48.1
19.5
.4
59.8
28.5
.8
54.3
23.1
3.4
78.8
24.2
1.1
48.8
23.2
2.0
60.3
23.7
.1
55.8
20.1
1.9
78 0
31.5
.9
57.2
33.2
2.3
82 8
30.0
.2
57.3
26.1
.8
84.3
36 2
.6
65.5
31.9
.6
84 3
32.1
.4
65.2
26.8
4.2
82 0
28.6
.3
60.1
25.2
3.1
79 9
34 3
3
70 6
28 6
2 3
89 7
33 8
.3
75.2
29.2
1.5
95 7
219.7
313.2
13.7
58.1
8.7
26.5
43.8
47.8
69.2
1,051.1
235.3
280.3
8.0
47.7
12.1
17.1
51.8
30.4
71.9
1,013.6
235.0
292.4
10.0
35.6
10 3
33.1
50.9
34.5
74 2
«1, 043.8
209.4
248. 2
8.7
36.2
13.3
29.1
39.9
25.0
64.5
961.4
257.7
276.0
11 2
44 3
11 8
30 3
44 3
30 8
68 7
1,071 7
252.1
289.7
11 4
49 9
13 7
36 5
32 7
32 6
77 7
1,153 3
229 6
292 7
11 94
51
13 2
31 4
34 2
35 3
75 0
1 084 8
227 9
193 8
345.2
316 9
13 2
86
60 8
52 5
17 0
15 5
23 9
28 4
43 6
32 9
53 2
49 9
91 8
82 1
1 113 3 1 274 0
234.5
286.9
10 9
49 5
15 6
22 7
50 1
42 6
61 4
1 209 0
214.2
181.7
128.8
207.8
318.7
220.6
134.2
133.2
216.6
308.9
214.1
146 7
147.1
218.8
350 6
220. 1
120 4
119.4
197.8
303.7
238 8
137 3
131.1
236 8
327 8
244 5
173 0
130 3
241 2
364 2
222 7
159 5
128 6
219 4
354 6
266 6
192 6
128 3
259 9
381 7
262 7
145 4
120 1
242 5
363 7
243 8
i R^ fi
110 8
255 5
337 6
255 7
176 4
130 3
303 Q
407 7
236 6
153 9
142 6
258 2
417 8
342.3
13.4
118 8
4 6
16.3
43 9
11.8
708.8
4.4
88.0
18.2
9.6
22.7
52.8
119.8
289.4
13.8
76 5
5.0
13.7
52.1
10.4
724.2
3.7
94.3
29.1
13.0
27.8
51.7
141.2
313 2
12.5
87 2
52
12.3
53 4
10.5
764.1
6.0
68.4
9.8
4.5
25.0
51.9
141.1
284.6
5.1
73 2
4 7
19.1
41 4
9.2
676. 8
36
57.6
7.3
7.2
25.5
46 1
123.8
302 8
6.2
83 5
35
20.2
43 5
11.3
768 9
4 8
93.8
8.6
7 7
28 5
48 7
129.1
334 9
7.2
109 0
4 5
22.8
32 0
16.1
818 4
33
72.2
18.2
89
29 2
55 2
142! 7
316 0
7.5
100 6
4 0
22.5
30 6
15.6
768 8
37
74.2
19.3
6 4
27 7
55 9
135.6
369 4
34.1
103 5
52
30.8
32 1
18.0
859 7
21 4
81.5
20.8
9 2
28 4
54 3
166.7
328 4
18.3
79 6
6 4
32.7
35 9
21.3
806 1
15 1
81.3
15.3
13 1
29 5
43 2
158.5
333 8
12 7
370 8
14.8
106 0
97
28,9
47 5
23.8
903 1
98
91.4
20 8
10 2
26 7
51 7
173 4
353 7
15.6
84 3
89
26.2
46 6
21.9
855 4
85
86.4
17.2
9 4
29 5
52 5
102 6
r
-
do
do
do
233 0
184 7
354 1
313 7
17 1
12 0
69 4
43 3
19 3
20 9
25 9
22 8
29 3
35 9
43 2
46 3
QA 7
87 5
1 229 1 1 134 5
inQ 9
5 5
29 5
r
07 7
18 7
779 5
10 0
70.7
16.2
9 5
27 2
44 2
166 7
a
Revised.
P Preliminary.
Adjusted for difference in carryovers; detail not adjusted.
JSee similar note on p. S-21.
f See 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.
cfSee similar note in September 1958 SURVEY.
May
SURVEY OF CURRENT BUSINESS
June 1959
S-23
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
May
April
June
July
1959
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- .
58, 833
21, 063
8,693
3, 339
2,028
60, 353
22, 613
8,622
3,274
1,963
62, 149
22, 658
8,037
3,574
2,280
64, 014
22, 820
8,276
3,453
2,236
64, 193
28, 224
8,098
3,662
2,381
61 693
28, 187
8 189
3,432
2 100
59 370
29, 487
9 123
3,563
2 101
49 046
24 262
8 347
2, 957
1 777
29, 428
9,270
28, 553
8,478
29, 667
10, 095
27, 477
8 309
30, 449
10, 474
33, 940
12 268
33 363
11 832
30, 671
8 737
r
r
r
46 180
25 379
11 834
r
2, 740
1 779
57 181
23, 159
8 980
3,203
2 053
56 018
23, 237
8 630
3,077
1 913
64 024
28 043
9 875
3,644
2 295
41 998
16 154
29, 420
8 136
29 049
8 414
33,966
13 075
Express Operations
Transportation revenues
_
Express privilege payments
thous. of dol. _
do
Local Transit Lines
Fares, average cash rate©
cents. .
Passengers carried revenue©
millions
Operating revenues©.-- _
mil. of dol- _
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals):
Xumber of reporting carriers
Operating revenues, total
thous. of dol
Expenses, total.
. __ _ __ do
Revenue freight carried
thous. of tons
Carriers of passengers (quarterly totals) :
Xumber of reporting carriers
Operating revenues, total
thous. of dol
Expenses, total
.
._
do _ _
Revenue passengers carried
thousands
Class I Railways
Freight carloadings (A. A. R.):cT
Total cars
thousands
Coal .
_
_ do
Coke
do
Forest products .
_
do
16.8
16.8
17.0
17.1
17.2
17 3
17 3
17.5
17 6
17 6
17 7
17 7
114.1
113.9
105.4
107.1
104.5
104.8
116.7
108.9
122.2
111.3
105.9
115.8
2 742
2,291
446
38
148
2,398
412
44
158
2 489
3,419
546
55
206
204
19
75
176
191
22
127
171
685
679
623
597
590
875
141
366
21
131
r
2, 730
r
467
26
170
635
2,138
265
15
204
164
259
20
128
3,146
560
29
192
641
605
673
17 7
668
872
142
102, 303
91, 471
59, 118
126, 167
100, 764
63, 630
2,489
467
23
148
693
1 102 247
1,082,336
65 724
139
106, 509
94, 597
60, 532
2, 106
695
875
966,732
925,025
58 010
939, 824
901, 029
57,750
r
641
2 570
2,733
477
31
161
3,135
460
28
156
214
34
221
200
264
50
210
191
291
40
174
218
583
42
190
2,186
467
34
135
557
42
176
407
44
155
185
218
242
18
208
178
1,126
1,443
1,207
1.083
1,511
1,256
1,349
1,596
1,121
1,408
1,199
1,312
1,373
243
28
365
209
1,767
93
75
65
106
97
79
67
112
106
93
71
118
97
62
67
110
107
93
75
125
114
99
92
131
117
98
99
131
112
100
112
125
101
100
115
112
101
94
109
119
101
92
120
120
106
84
137
127
111
85
139
127
120
92
142
13T)
do...
do
do___
do
do
140
37
50
29
107
131
38
112
28
111
172
32
182
28
114
196
28
188
27
107
173
35
194
30
114
158
64
202
33
124
188
88
179
30
127
166
55
119
28
124
148
32
51
26
110
156
36
55
25
110
151
27
55
27
113
142
33
66
28
124
135
40
129
27
131
140
39
269
27
13<5
do
do
do
do
95
75
67
106
97
79
68
108
103
93
73
114
93
62
69
110
104
93
79
119
106
99
93
121
109
98
101
124
110
100
112
128
109
100
109
126
111
94
104
133
111
92
113
125
113
84
136
127
P 115
85
141
127
118
92
144
130
159
Grain and grain products
do
42
Livestock..
._
do
70
Ore
do
29
Merchandise, 1. c. 1
_ __do _
108
Miscellaneous© .
do
Freight-car surplus and shortage, daily average:
Car surplus, total 9
number. _ 124, 247
37, 036
Boxcars. _ _ _ _ _
_
do
67, 579
Gondolas and open hoppers
do
149
42
70
28
110
169
37
118
28
110
164
37
117
27
106
160
36
129
30
113
141
49
134
31
115
188
57
122
29
117
169
43
122
28
119
157
33
165
27
117
156
38
221
26
120
154
34
218
27
123
155
42
229
28
128
153
44
173
27
133
159
44
173
27
134
129, 834
45, 808
63, 514
83, 218
39, 354
29, 433
92, 047
29, 034
46, 830
61, 094
17, 558
28, 959
33, 307
9,750
11, 903
18, 030
4,266
4,738
17, 173
2,935
5,260
35, 328
8,379
10, 918
54, 397
18, 732
17, 220
38, 294
13, 392
10, 754
29, 389
10. 786
7,286
25, 745
12, 111
3,726
24, 255
12, 024
1,731
19
6,402
569
614
35
2,694
1,577
Car shortage, total 9
do
399
8
5,217
2,096
525
1,441
6
Boxcars
__
_
do__
21
0
17
183
1,017
537
60
Gondolas and open hoppers
do
Financial operations:
846.9
758.9
743.7
903.0
833.6
791.6
779.5
Operating revenues, total 9
mil. of dol__
724.5
630.8
777.2
643.7
648.5
700.0
666.0
Freight ..
_.
do
52.1
51.5
65.4
64.1
63.0
53.6
50.5
Passenger
do
620.4
621.4
609.9
651. 2
629.9
630.1
627.4
Operating expenses
do
Tax accruals, joint facility and equipment rents
104.1
123.3
100.5
111.9
93.6
137.1
mil. of dol__
'96.8
r
93.6
67.2
44.0
37.0
51.6
91.8
114.7
Net railway operating income .
do
49.4
16.7
96.8
74. 5
30.9
27.3
72.7
Net income J
do
Operating results:
43, 002
46, 335
54, 643
51, 174
47, 113
43, 945
50,164
Freight carried 1 mile
rnil of ton-miles
1.443
1.503
1.516
1.475
1.458
1.460
1.417
Revenue per ton-mile
cents
1,831
1,764
2,212
1,806
2,396
1,706
2,368
Passengers carried 1 mile, revenue
millions _
Waterway Traffic
Clearances, vessels in foreign trade:
12, 724
11, 692
13, 045
13, 107
13, 702
12,916
13, 606
Totnl U S ports
thous of net tons
10, 430
10, 648
10, 588
9,546
11, 292
11, 227
10, 741
Foreign vessels
do
2,294
2,410
2,379
2,519
2,146
2,175
2,397
United States vessels
-_ do. _.
Panama Canal:
3,494
3,911
4,072
3,863
4,098
4,086
4,102
Total
thous. of long tons
949
986
1,087
1,087
930
953
873
In United States vessels
do
r
Revised.
*> Preliminary.
©Revisions back to January 1956 will be shown later.
cfData for May, August, and November 1958, and January and May, 1959 cover 5 weeks; other months, 4 weeks.
©Revisions for February and March 1955 and 1956 appear in the April 1958 SURVEY.
9 Includes data not shown separately.
JRevision for March 1958, $24,700,000.
2,316
1,794
540
362
169
256
209
25
771
628
96
1,034
442
636
281
1 439
707
251
2, 161
1, 058
518
809.5
688.7
51.2
623.8
836.8
684.9
66.9
656.0
784.2
660.5
57.9
644.5
748.3
637. 8
49.0
609.2
857. 9
734.6
51.4
655.5
856.4
736.8
48.3
652.7
105.5
80.2
63.1
103.2
77.6
88.4
103.5
36 2
21 5
99.3
39. 8
20.0
123.2
79.1
58.0
121.3
82.3
50, 131
1.416
1,689
46, 661
1. 488
2, 205
47 625
1 434
1 924
45, 360
1.441
1,567
51 232
12, 538
10, 357
2,181
12, 472
10, 526
1,946
12, 687
10, 948
1,739
11 010
9,398
1,612
4,072
988
4 106
4,365
953
4 231
Grain and grain products
do
Livestock
do
Ore
do
Merchandise, 1. c. 1
_
do
Miscellaneous
_ ___.
__ _ __do
Freight carloadings (Federal Reserve indexes):
Total, unadjusted
1935-39=100
Coal
._
_
do
Coke
do
Forest products _.
do
Grain and grain products
Livestock
Ore
Merchandise, 1. c. 1
Miscellaneous
Total, seasonally adjusted©
Coal
Coke
_
Forest products
_
_ _ _ _ _
_ _
200
20
r
57
T
230
27
150
317
24
276
237
201
18
56
156
267
24
76
192
214
15
62
168
846
853
4,726
1,055
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
Jvme 1959
1958
April
May
June
July
1959
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
A.verage 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
\liens* Arrivals
do
Departures
do
Passports issued and renewed
do
National parks, visits
thousands
Pullman Co.:
Revenue passenger-miles
_.
millions. _
Passenger revenues
thous. of dol._
COMMUNICATIONS
Telephone carriers:
Operating revenues 9 thous. of dol
Station revenues
do
Tolls, message
- do
Operating expenses before taxes
do __
Net operating income
do
Phones in service, end of month
thousands..
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues. .
thous.
Operating expenses, incl. depreciation
Net oper^'tinpj revenues
Ocean -cable:
Operating revenues
Operating expenses, incl. depreciation
Net operating revenues
Radiotelegraph:
Operating revenues
Operating expenses, incl. depreciation
Net operating revenues
8.68
69
265
8.15
68
303
8.73
69
280
8.17
60
242
9.14
65
262
8.84
69
266
9.37
75
275
9.07
65
257
8.22
54
246
8 56
67
267
8.64
69
262
8.28
66
241
9 11
72
284
105, 173
117, 156
77, 151
60, 139
99, 054
687
117, 417
134, 768
86, 398
70, 774
88,168
1,350
141, 362
196, 429
91. 989
86, 052
73, 251
3,095
189, 470
205, 112
105, 749
86, 129
59, 062
5,116
242, 940
173, 204
111,245
91, 482
46, 924
5,507
188, 348
128, 860
111,897
79, 353
38, 039
2,026
140, 998
105, 437
87, 446
69, 529
33 715
1,297
109, 133
91, 280
72, 553
60, 468
27 829
553
105. 190
115, 074
75, 125
76, 559
30, 445
378
114, 610
117 916
73, 596
59 826
47 645
392
116,907
127, 525
64, 870
53, 505
58 Oil
439
149, 720
147, 625
82 244
65 889
85 624
585
95 319
'706
359
5,585
345
5,376
397
6,153
337
5,209
346
5,347
283
4,389
305
4,726
297
4,645
415
6,440
370
5,845
318
6,130
311
5,063
582, 147
336, 933
192, 266
371, 723
87, 478
56, 426
589, 161
338, 344
196, 798
369,177
93, 071
56, 635
590, 595
339, 292
197, 218
360, 538
97, 391
56,834
595, 002
337,800
203, 105
370, 246
93 851
57, 044
599, 589
339, 333
204, 719
362, 219
99 959
57, 269
601, 052
343, 959
201, 615
363, 844
100, 471
57, 563
635, 298 624 712 610, 076
357 897 357 305 354 640
219, 084 208, 774 r 197, 242
398, 769 376 929 363 912
99 651 102 108 101 758
58, 466
58,730
58,972
641, 342
359 774
223, 274
387 868
105 114
59,240
of dol__
do
do
19, 698
17, 770
1,032
19, 961
18, 070
977
20,229
18,011
1,335
19, 789
18, 825
94
20, 981
18,483
1 679
21,276
18, 873
1,726
22, 706
19, 594
2 506
19, 053
17, 585
926
20,257
16, 612
3 287
20, 938
18, 657
1 264
do
do
do. .
2,854
2,213
361
2,946
2,394
283
2,899
2,245
382
3,029
2,501
247
2,575
2,362
d
40
2,830
2,211
357
3,006
2,239
505
2 682
2,011
432
3 095
2 204
637
3 015
2,281
464
2 801
2 211
349
2 960
2,274
430
do
do
do
3,340
2,705
522
3,508
2,814
574
3,395
2,725
551
3,578
2,851
619
3,588
2,686
798
3,645
2,837
701
3,856
2,887
876
3,458
2,804
560
3 876
3,185
619
3 722
2,929
668
3 506
2 720
651
3 884
2,923
829
326.5
81 7
59 6
310 9
78 3
384.1
95 3
68 3
351 8
r gS 0
241 0
4 016
145.6
267 2
4 640
166.9
268 1
404. 5
619, 977 602, 677
351, 685 348, 792
212, 139 197, 100
383,520 360, 4^9
100 407 102 644
57, 873 58, 133
92, 912
19, 921 22,381
18, 676
17, 275
1 680 2 664
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production: J
Ammonia, synthetic anhydrous (commercial)
thous. of short tons..
Calcium carbide (commercial)
do _ _ _
Carbon dioxide, liquid, gas, and solid
do_ __
329.8
70.5
62.1
277. 5
65.6
348.2
73.5
73.6
287 9
67.7
336.3
59.7
84.7
279.6
64.3
294.7
63.4
92.2
283 4
60 3
280.6
72 4
90.6
293 6
65 7
304.8
76 5
75.4
304 1
66 9
326.0
81 8
70. 2
335 1
76*7
333.9
88 3
57.9
335 4
78 0
324.6
92 8
58.3
335 2
75 8
338.8
79 2
62 4
331 4
80 3
235.5
Nitric acid (100% HNOs)
do
2,583
Oxygen (high purity)—
mil. of cu. ft.
157.1
Phosphoric acid (100% PaOs) §_ .thous. of short tons__
Sodium carbonate (soda ash), synthetic (58% Na2O)
340.0
thous. of short tons _
6.4
Sodium bichromate and chromate
__ do
322.0
Sodium hydroxide (100% NaOH)
do
Sodium silicate (soluble silicate glass), anhydrous
38.6
thous. of short tons _
Sodium sulfate (Glauber's salt and crude salt cake)
65.9
thous. of short tons.Sulfuric acid:
Production (100% HaSOf)-.. __.
-do __ 1, 296. 9
Price, wholesale, 66°, tanks, at works
22.35
dol. per short ton..
Organic chemicals:^
Acetic acid (synthetic and natural), production
thous. of lb__ 40, 791
67, 258
Acetic anhydride, production
do
1,910
A cetvlsalicy lie acid (asmrin), production
_ do
Alcohol, ethyl:
42, 146
Production
_ _
thous. of proof gal
31, 636
Stocks, end of month, total.
do
29, 021
In industrial alcohol bonded warehouses. -do
2,615
In denaturing plants
do
40, 413
Used for denaturation
_ do
885
Withdrawn tax-paid
do
Alcohol, denatured:
21,
756
Production
thous. of wine gal__
20, 918
Consumption (withdrawals)
_. do
4,436
Stocks, end of month
do
210.1
2,983
153.2
175.5
3,067
139.3
191.8
2,874
139.8
196.9
3,315
133.4
223.7
3,497
138.7
254 5
3,983
144.4
258 1
3,920
144.6
244 8
4,019
143.3
240 8
3 992
151.0
346.0
8.8
331.0
338.4
7.7
318.4
345.5
3.8
317.4
375.7
78
325 0
366.7
9.8
330 3
393.9
96
367 8
378.1
9.8
374 0
361.4
90
372 8
357.0
97
364 4
362.3
85
335 6
416.8
96
387 2
34.6
32.8
30.3
40.0
38.7
45.8
49.7
43.6
35.5
33.3
43.3
Hydrochloric acid (100% ~HC1)
do_
r
r
400.2
80 9
341 5
82 7
168.2
375 9
60.5
53.2
55.4
60.2
72.4
69.3
67.9
65.6
69.4
'61.7
71.8
1, 309. 8
1, 216. 2
1,207.5
1, 231. 8
1, 259. 3
1, 445. 9
1, 469. 2
1, 486. 3
1, 464. 3
1, 406. 3
1, 579. 9
1, 595. 9
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22. 35
22.35
22.35
22.35
p 22. 35
44, 279
76, 586
1,759
47, 906
89, 871
1,695
48, 148
80, 769
1,602
50, 791
86, 445
1,372
53, 644
90, 452
1,456
54, 087
89, 683
1,990
57,311
79, 908
1,745
49, 688
92, 145
1 530
58, 614
90, 525
1 890
47,290
79, 951
1,387
57, 570
86, 949
1 512
44, 048
35, 551
32, 504
3,048
39, 499
898
38, 858
37, 738
35, 113
2,624
35, 802
800
39, 339
37, 757
34, 840
2,917
36, 320
600
39 751
38,669
36, 100
2 570
38, 389
625
38, 136
30, 754
27, 712
3 042
43, 741
725
40, 470
26, 569
23, 225
3,344
41, 875
583
39, 019
30, 672
27, 583
3 089
34, 173
581
41 576
32, 562
29, 697
2 865
39 333
635
38,143
28 593
26, 299
2 293
39 112
692
35 795
31, 671
28,771
2 900
33, 474
634
42 995
29 645
27, 127
2 518
43 267
714
46 684
28 947
26, 623
2 324
43 112
685
21, 230
20,110
5,949
19, 288
19, 352
5,865
19, 598
18, 831
6,808
20, 620
19, 549
7,794
23, 630
24, 483
6,974
22, 647
22, 731
7,017
18, 371
19, 399
5,975
21, 207
22, 131
5,128
21, 007
21 723
4,449
18, 041
18 184
4,311
23 243
23 507
4 107
23 195
22 940
4 358
9, 354
8,509
8,634
Creosote oil, production
thous. of gal__
8,520
11, 152
9,155
8,471
7,423
8, 620
10 417
9,081
6,917
12, 173
12, 185
DDT, production
thous. of lb__ 11, 351
12, 745
12, 722
12, 291
12, 932
11, 197
11,422
12, 629
13, 041
12, 387
6,548
5,764
3,879
8,552
6,872
Ethyl acetate (85%), production
do _.
9,121
9, 654
8,681
6,821
7,189
6,908
10 339
84, 730
88, 210
89, 542
99, 042
99, 151
Ethylene glycol, production
do
88, 983 89, 410
97 210
87 747
90 277
85 493
94 036
98, 319 103, 721 108, 888
87, 472 117,207 134, 494 148, Oil 135, 867 128, 716 137, 067 129, 545 148, 461
Formaldehyde (37% HCHO) , production
do
Glycerin, refined, all grades:
23 464
17, 944
15,742
Production
do
15, 902
19 354
15 331
20 064
17 £02
21 998
20 500
21 000
22 000
19 900
16, 394
Consumption^
do
16, 391
15, 502
16, 383
17, 224
16, 458
16, 317
15, 742
18,997
eo
fios
46, 324
49, 737
Stocks, end of month J
do
56, 232
40, 622
40, 403
43, 087
42, 149
40, 362
44, 800
42 400
43 100
39 600
Methanol, production:
195
175
180
153
113
149
135
149
Natural
_
thous. of gal..
142
158
192
155
16, 092
16, 430
17, 034
19, 162
20, 151
21, 698
21, 295
18, 268
Synthetic
do
22, 179
22, 837
20, 670
19, 774
23, 426
23, 904
24, 107
Phthalic anhydride, production
thous. of lb._ 24, 090
28, 844
25, 300
27, 570
21,830
29, 018 ' 23, 995 34, 223
29, 571
r
d
Revised.
*> Preliminary.
Deficit.
9 Includes data not shown separately.
JRevisions to be published later are as follows: Inorganic chemicals, 1956 and January-July 1957 (also 1955 for phosphoric and sulfuric acid); glycerin, January-April 1957 for consumption
and January-September 1957 for stocks.
§New basis; to convert data on old basis, multiply by .3622.
cTData (except for alcohol) are reported on basis of 100-percent eon tent of the specified material unless otherwise indicated.
SURVEY OF CURRENT BUSINESS
June 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-25
1958
May
April
June
July
1959
August September
October
Novem- December
ber
January
February
March
April
May
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
1,644
480, 615
56, 565
349, 964
52, 547
1,313
440, 893
30, 582
340, 998
53, 391
492, 271
54, 721
389, 777
37, 403
534, 793
35, 378
435, 342
55, 605
477, 045
25, 558
399, 136
46, 594
412, 294
70, 755
300, 839
29 577
396, 415
67, 836
262, 518
53, 373
581
486 231
45, 502
391, 706
38, 256
341 862
64 923
214, 930
41 441
338
53
249
25
184
558
661
648
447, 716
122, 223
276, 337
30, 316
1,491
476 844
83 044
319, 450
62 689
1,799
464 114
43, 281
354, 754
58, 321
Imports, total 9 1
-_ _ ___do _ 262, 087
138, 293
Nitrogenous materials, total 9
do
39, 395
Nitrate of soda
do
6,392
Phosphate materials __
_
do_ __
Potash materials
_ do
55, 731
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
49.75
port warehouses
dol per short ton
158, 349
87, 726
36, 903
8,547
7,494
139, 356
91, 075
52, 527
7,169
11, 858
109, 724
73, 692
39, 458
6,795
9,618
174, 920
107, 992
27, 279
10, 294
36, 820
234, 742
137, 158
30 108
21, 610
37 224
239, 379
144, 484
55, 972
11, 110
56 584
167, 444
56, 333
12 G60
5 394
30 160
191 448
128, 743
49 875
12 942
31 863
136 003
82, 371
23 456
4,003
28 390
222, 337
126, 272
28 019
14, 243
45 387
271 328
153,100
48 461
10 987
48 412
304, 488
163, 525
45 283
8,642
51 184
49.75
49 75
49.75
49 75
49 75
49 75
44 50
44 50
44 50
45 50
45 50
*>45 50
57 283
114, 434
221, 480
115 781
205 581
102 269
249 613
113 247
166 899
276 146
360 096
175, 632 r 158, 615 r 147, 263 r!70 431 r210 373 r211 183 r215 867
318, 569 r370, 762 ••366,491 r336 078 r 323, 380 r359 511 r378 734
225, 616
385 448
Consumption (10 States) ©
Exports total 9 1
Nitrogenous materials
Phosphate materials
Potash materials
._
thous. of short tons
short tons
do
-do
do
314, 277
Potash deliveries
short tons
Superphosphate (100% available phosphoric acid) :
Production
short tons ar241,146
Stocks, end of month_
__do
a'272,517
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder...
_ _ -thous. of lb__
106
64, 580
High explosives
do
Sulfur (native) :
403
Production
thous. of long tons
Stocks (producers'), end of month
do
4,638
901
151, 371
r
r
233, 338
267, 679
r
r
279
91
132
193
66, 327
68, 234
61, 432
415
4,620
384
4,662
4,721
22, 592
21, 443
20, 933
27, 379
24, 376
24, 047
25, 253
23, 535
23, 812
do
do
do
199, 340
129, 185
233, 836
205, 720
128, 091
229, 349
do
do
do_
1,547
8,576
78, 123
mil. oflb__
do
200
340
435
367
411
r
r
236 354 265 029
383 647 299, 942
316
238
305
73, 594
79, 494
209
208
352
77 177
70 643
61 215
205
127
70 349
67 404
73 523
86 657
4, 666
356
336
4,652
348
4,530
360
4,462
378
4,442
346
4,427
318
4,376
4 325
374
391
4,248
24, 348
24, 859
20, 838
28, 112
28, 926
19, 246
27, 242
25, 023
18, 962
31, 717
29, 979
21, 232
29 063
27, 545
21,006
27 800
20 464
27, 337
29 500
30 500
25 300
26 200
199, 863
127, 154
240, 242
204, 902
114, 480
244, 046
211, 439
139, 076
233, 414
208, 670
148, 658
223, 785
235 123 224 009
128, 314 i 140, 084
250 408 286 508
240, 000
229, 600
221 600
236 500
16, 248
9,320
84, 732
26, 791
9,064
96, 601
28, 497
9,079
105, 984
30, 888
10, 645
113, 242
27, 854
12, 875
113, 333
600
100
5,400
133, 700
r
300
6 200
117,600
2,300
6,300
102,600
526
565
511
568
450
539
457
464
495
502
489
527
do
do __
641
431
592
395
526
351
521
312
507
* 251
430
214
thous. of lb__
do
__ do __
do
79, 389
28,348
1,041
27, 307
228, 416
55, 750
17, 460
38, 290
118, 025
34, 301
1,731
32, 570
80, 536
57, 327
105, 692
41, 963
1,982
39, 981
114, 613
51, 193
2,677
48, 516
71, 731
49 966
4 475
45 491
177, 159
50 671
1,908
48 763
359
269
329
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases:^
Tallow, edible:
Production
thous.
Consumption, factory^
_
Stocks (incl. refined grades), end of month
Tallow and grease (except wool), inedible:
Production
Consumption, factory^
_ _ _
Stocks (excl refined grades) end of month
Fish and marine mammal oils:At
Production
_
Consumption factory
Stocks, end of month
_
Vegetable oils, oilseeds, and byproducts :%
Vegetable oils, total:
Production crude
Consumption crude factory
Stocks, end of month:
Crude
Refined
Exportsf
Imports totalf
Paint oils
All other vegetable oils
-
of Ib
do
do_ __
838
56, 489
244, 362
148, 309
269, 182
1
1
8,658
12, 162
119, 975
7,802
9 582
106, 315
13, 800
10 507
99, 800
92, 018
46, 675
44, 250
39 805
2' 487
37 318
109 658
43 575
4,142
39 434
441
46, 234
7,000
110, 200
130, 391
37 009
453
36 556
41, 991
37 664
4 331
33 333
r
r
Copra:
26, 329
28, 675
27, 108
27,376
28, 942
31, 006
23, 593
30, 079
23, 724
Consumption, factory
_ _ . short tons30, 000
22, 500
27, 400
22,500
14, 512
9,602
15, 283
16, 221
13,226
8 400
9,071
8,348
11, 760
Stocks end of month
do
4 400
10, 400
11, 170
3 800
32, 425
28, 440
29, 668
26, 899
32, 619
17, 383
24, 694
23, 557
38, 311
Imports
do
24, 854
21, 448
18, 107
24, 580
Coconut or copra oil:
Production:
33, 859
36, 716
40, 162
35, 084
35, 100
37, 404
38, 934
Crude
thous. of lb__ 35, 238
38, 400
28, 900
30, 475
30, 446
28 900
38, 745
36, 552
34, 506
38, 462
34, 853
31, 200
40, 658
41, 287
36,000
28, 275
29, 200
Refined
_
_
do
27, 700
26, 100
Consumption, factory:
54, 932
49, 230
55, 274
51,316
48 323
56, 384
61, 365
46 212
61 720
Crude
do
31, 065
37, 092
35, 093
35, 219
38, 038
29, 291
40, 429
41, 855
Refined
_ do _
28, 050
Stocks, end of month:
41, 881
49, 339
45, 930
43, 508
50, 566
42, 477
54, 372
49, 914
50, 200
47, 500
37, 300
36, 600
Crude
_
do
37, 100
9,544
12, 776
10, 700
8,707
8,619
9,721
9, 351
10, 555
11, 505
Refined
do
9,462
19, 102
22, 873
14, 470
21, 535
33, 018
20, 803
19, 448
15, 634
8,948
17, 409
15, 542
Importsf
-- do_ _- 10, 993
Cottonseed:
12
12
5
482
542
81
47
1,643
305
87
1,112
147
64
Receipts at mills
thous of short tons
132
255
127
364
563
307
180
712
148
468
599
570
Consumption (crush)
_ do
467
341
175
225
516
507
406
1,437
331
1,951
1,507
1,930
1,126
723
Stocks at mills end of month
do
Cottonseed cake and meal:
59, 542
55, 749
117, 320
81, 357
69, 370 135, 067 329, 102 283 913 267, 204 262, 100 214 200 210 100 169, 000
Production
short tons
189, 776 182, 734 162, 223 112, 475
78, 441
71, 215 116, 105 106, 724
78, 464
79, 600 103, 800 139, 800 166, 400
Stocks at mills, end of month
_ do
Cottonseed oil, crude:
45, 054
96, 315 239,110 205 160 189, 981 195, 800 162, 200 160, 600 130, 300
43, 206
87, 224
48, 129
61, 675
Production
thous. of lb_
87, 442
49, 061 122,625 163 368 172 300 170, 100 162, 500 182 700 113 800
37, 972
45, 678
33 025
71, 433
Stocks end of month
do
Cottonseed oil, refined:
74, 534
70, 434 143, 997 142, 372 150, 155 143, 100 113, 900 116, 800 106, 300
49, 368
108, 425
66, 351
47, 029
Production
do
96, 931 120,921 119 590 106, 697
82, 658
84, 589
94, 014
96, 364
91, 901
Consumption factory
do
8,674
8,800
11, 232
12, 600
10, 662
8,877
9,461
12, 900
11,081
11, 574
10, 200
14, 292
13, 862
In margarine
do
192
252
72
130
169
296
271
295
103
213
95
180
131
Stocks end of month
mil oflb
p . 160
.160
.174
.180
.205
.173
.201
.201
.205
, 174
.160
.201
.160
Price wholesale drums (N Y )
dol. per lb-_
Flaxseed:
239 543
Production (crop estimate)
thous of bu
Oil mills:
2,559
1,364
1,684
1,129
1,664
2,164
1,872
1,000
2,245
2,279
1,585
1,886
2,571
Consumption
do
2,064
5,868
2,127
1,644
489
2,832
2,164
3,879
1,547
1,004
5,266
5,646
2,968
Stocks end of month
do
3.23
3.03
2.99
3.00
2.99
2.99
2.97
3.00
3.10
3.00
2.96
2.99
2.97
3.01
Price, wholesale, No. 1 (Minneapolis)- dol. per bu-_
r
l
Revised.
*> Preliminary.
Beginning October 1958 excludes quantities used in refining but includes refined quantities (formerly excluded). 2 December 1 estimate of 1958 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 (tbous. short tons): 1958—January-March, 219; April-June, 331; July-September, 76; October-December, 84; 1959—January-March, 316.
9 Includes data not shown separately.
cfFor data on lard, see p. S-29.
fRevisions for 1957 will be shown later as follows: Fertilizer exports and imports; total vegetable oil exports and imports; and coconut oil imports.
JRevisions will be shown later covering 1955,1956, and January-September 1957 (also 1954 for edible tallow) for production, consumption, and stocks of commodities affected.
^Consumption figures for edible tallow exclude quantities used in refining; those for inedible tallow, etc., include such quantities through September 1958 only,
ABeginning 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.
* Revisions for January-March 1958 (short tons): Production—222,564; 207,782; 228,583; stocks—416,238; 408,176; 355,936.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
45 500
33 400
37 300
22 400
.126
.128
.128
p. 126
April
May
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts—Continued
Linseed oil, raw:
Production \
thoi's oflb
Consumption, factory
_ __ do
Stocks at factory, end of month t .
__do
Price, wholesale (Minneapolis)
dol. per lb__
Soybeans:
Production (crop estimate)
thous. of bu__
Consumption factory^
do
Stocks, end of month \.
do
Soybean oil:
Production :
Crude
thous of Ib
Refined
__ do
Consumption, factory, refined J_
_do
Stocks, end of month: %
Crude
do
Refined
- do
Price, wholesale, refined (N. Y.)__
dol. per lb__
Margarine:
Production!
_ __
.thous. oflb.
Stocks (factory and warehoused, end of mo do
Price, wholesale, colored, delivered (eastern TJ. S.)
dol. per l b _ _
Shortening:
Production^
thous. of Ib
Stocks end of month
do
32, 888
32, 226
99, 184
.140
30, 597
33, 168
93, 066
.138
26, 343
39, 901
77,364
.137
19, 147
39, 646
57, 279
.137
37, 155
42, 831
52, 087
.136
52 278
40, 636
70, 576
.132
51, 486
40, 343
60, 034
.131
45 472
30, 614
81, 493
.130
43, 738
32, 319
94,998
.129
1
31, 477
51, 747
32, 208
40, 879
335, 600
290, 285
299, 146
347, 301
333, 009
344, 673
310,913
282, 648
159, 474
.170
574,413
29,956
30, 916
31, 620
13, 990
25 066
13, 871
33 470
98, 112
33 530
107, 704
34, 443
98, 610
36 687
94, 310
33 967
86, 450
36 010
' 73, 993
34 583
61, 543
327, 856
251, 997
268, 445
340, 868
279, 672
308, 269
269, 825
281, 373
316, 579
352 574
274, 815
302, 844
351, 240
294, 040
280, 674
359, 893
310, 939
305, 428
385, 500
355 300
380 800
299, 924
307, 519
365 600
245, 125
147, 884
.170
222, 903
119, 796
.166
243, 232
120, 324
.155
238, 214
98, 526
.155
148, 462
82, 047
.155
126, 969
65, 799
. 155
147, 253
88, 432
.157
173. 100
105, 703
.157
215, 100
243, 300
250, 600
249 200
.150
.145
.145
p 145
131, 531
33, 163
121, 338
34, 520
112, 912
33, 906
120, 884
32, 406
118,020
136, 552
26, 794
143, 623
34, 743
129, 009
32, 157
148, 300
38, 400
149, 400
34, 000
149, 000
38, 400
132, 100
41 500
123 600
43 200
.275
.275
.272
.265
.262
.262
.255
P. 255
154, 348
134, 633
158, 197
132, 677
158, 180
132, 324
124.6
75.1
49.5
119.6
71.1
48.5
' 150.7
'87.7
'63.0
170 7
103 0
67 7
28, 706
36, 194
30, 752
.265
151,599
168,755
122, 856
115, 321
.265
.262
.262
.262
177, 044
117, 739
206, 994
121 294
176, 594
125, 180
161, 494
127, 250
PAINTS, VARNISH, AND LACQUER§
r
' 156. 8
Factory shipments, total
mil. of dol « 144. 0
« ' 90. 7 ' 101. o
Trade products
._ do
« ' 53. 3
' 55.8
Industrial
finishes
do
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
3,752 22 3, 637
Sheets, rods, find tubes.. - - thous. oflb.
6, 874
6,452
Molding and extrusion materials
do
775
Other cellulose plastics
_ _ _ _ do
(2)
229
246
Nitrocellulose sheets, rods, and tubes
do
29, 403
30, 249
Phenolic and other tar acid resins
__ _ do
48, 359
48, 515
Polystyrene
do
22, 237
23,215
Urea and melamine resins
- - do_ _
54, 436
56, 785
Vinyl resins
do_ _
27,914
28, 099
AJkvd resins
- do
11,056
10,117
Rosin modifications
_ _ __
- do
9, 966
10,868
Polyester resins
- - do
66,
813
70,
963
Polyethylene resins
do
15, 834
15, 313
Miscellaneous
- do
r
' 149. 6
'97.6
'52.0
' 149. 2
'55.0
56. 5
145. 6
'92.1
r
53. 5
2 4, 043
2 6, 176
2 3, 497
26,911
2 3, 549
2 8, 734
2
3, 947
2 8, 215
()
231
()
205
()
229
()
223
31, 176
47, 513
21, 049
57, 986
29, 677
9,238
10, 743
68, 068
15, 343
28, 476
40, 988
17, 940
53, 747
28, 552
8,876
8,962
70, 035
14, 389
34, 270
47, 199
25, 128
69, 672
28, 314
'
11, 076
7,991
68, 064
15 820
39, 900
55, 257
28, 302
82, 133
30, 375
10, 665
8,730
75 252
15, 816
' 158. 5
' 103. 5
2
2
•••92.7
r
2
2
2
' 141.0
'83.1
'57.9
r
2
2 3, 475
2
8, 542
3, 717
10, 035
123. 0
'70.1
T
52.9
2
' 108. 7
' 57. 3
'51.4
2
2
4, 238
8, 432
2 4, 580
2
8 810
2
271
()
227
46,205
58, 823
30, 108
88, 551
32, 558
11,327
12, 433
79 309
19, 386
43, 786
62, 560
27, 692
85, 649
26, 262
10, 382
9,246
78, 666
18, 666
44, 295
61,003
26, 503
81, 563
26,901
10, 145
10, 842
83 692
19, 137
10, 469
11,041
87 329
3
23, 057
(2)
'
(2)
161
' 2 3, 852 2 3, 713
2 7, 954
2 9 049
()
294
44, 008
62, 241
29, 162
83, 659
30, 683
(2)
(2)
288
290
' 41 819
60, 905
27, 693
' 82, 936
r
29 649
47 956
73, 706
30 064
91, 662
34 030
10, 194
10 712
78 419
21 592
10 604
14 783
95 133
26 164
3
3
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total!
mil. of kw. hr__ 55, 785
49, 489
Electric utilities, total
do
36, 491
By fuels
_
do
12 999
By waterpower
do
39, 062
Privately and municipally owned utilities_._do
10, 427
Other producers (publicly owned)
do
6,296
Industrial establishments, total
do
5,976
By fuels
_ do _
320
By waterpower
do
Sales to ultimate customers, total (EEI)J
do
45, 188
Commercial and industrial:
7,699
Small light and power
_ _
do
21,813
Large light and power
do
Railways and railroads
do_ _
326
Residential or domestic
do
13, 144
Rural (distinct rural rates)
do
728
Street and highway lighting. __
do
423
1,020
Other public authorities.do
Interdepartmental
. do
35
Revenue from sales to ultimate customers (Edison
Electric Institute) J
___thous>. of dol__ 776, 473
GAS
Manufactured and mixed gas (quarterly):^
Customers, end of quarter, total
thousands-Residential (inch house-heating)
do
Industrial and commercial
_ do
Sales to consumers, total
mil. of therms- _
Residential (incl. house-heating)
do ...
Industrial and commercial
_ do_ _.
Revenue from sales to consumers, total__mil. of dol .
Residential Cincl. house-heatinsr)
do _
Industrial and commercial
do
57, 528
51,183
37, 574
13, 609
40, 698
10, 485
6,345
6, 031
314
44, 707
58, 196
51,927
40, 343
11 584
41, 976
9. 951
6,269
5, 990
279
45. 746
61, 327
54,991
43, 383
11 608
44, 479
10, 512
6,336
6,082
253
46, 646
63, 280
56, 645
45, 451
11 194
45, 760
10, 885
6,634
6,382
253
48, 997
60, 689
53 993
43, 258
10 735
43, 767
10, 226
6,696
6. 466
230
49, 233
62, 416
55 357
44 543
10 814
44, 853
10, 504
7,060
6 822
238
48, 338
60, 875
53 921
43 376
10 545
43, 587
10, 334
6,953
6 690
263
47, 845
66, 324
59 211
48 458
10 753
48, 090
11, 121
7, 113
6 870
213
50, 337
67, 227
59 943
48 652
11 292
48, 688
11,256
7 284
6 999
285
52, 461
60,968
54 158
43 487
10 671
43, 938
10 220
6 810
6 554
256
51,247
7,782
22, 155
305
12, 173
798
398
1,047
49
8, 419
22. 439
291
12.062
1,021
380
1,077
57
8,915
22, 261
284
12,416
1,244
389
1,074
63
9,494
23, 445
293
12,893
1,313
419
1,079
61
9 366
23, 878
289
12, 943
1,170
448
1 0X3
56
8 699
24, 335
300
12, 462
900
493
1 096
53
8 3b4
23,817
304
12, 898
794
526
1,094
48
8 564
24 447
372
14, 420
791
5 g gig
23 925
339
5
16 328
(5)
509
1 172
55
s 15 424 p5i4 475
56
59 073
24, 295
355
5
16, 967
(5)
563
1 149
59
768, 636
786, 752
805, 924
836, 854
840, 944
821, 511
814, 725
848, 962
885, 725
872, 315
859, 070
3,152
2,940
210
553
396
148
78.6
60.9
17.2
3,025
2,823
199
302
183
111
46 9
34 1
12.4
5f>0
1 127
65, 889
58 352
46 327
12 025
47, 369
10 983
7 537
7 247
' 290
51, 374 P
63, 394
55 807
43 637
12 170
45, 376
10 431
7 587
7 964
5 g ggg
P
5 g gys
25 000
r> 25' 150
323
50, 450
333
(6)
497
1 167
67
2,910
2,715
192
612
451
153
82.6
64 5
17.6
T
Revised.3
» Preliminary.
1 December 1 estimate of 1958 crop.
2 Effective May 1958, data for "other cellulose plastics"
are combined with sheets, etc.. and molding and extrusion
4
materials.
Beginning 1959, includes protective coatings; earlier data which exclude such coatings, are not comparable.
Revisions for January 1958 (units as above): Small light and
power, 8,119; large light and power, 22,628; revenue from sales, 824,464.
"° Beginning January 1959, data are not comparable with those for earlier periods; "rural" allocated between "residential" and "small light and power."
{Revisions will be published later as follows: Linseed oil, production and stocks (January 1957); soybeans, consumption and stocks (March 1957); soybean oil, consumption and refined
stocks (March-May 1956), crude stocks (April 1956 and August-September 1957); margarine, production (1955, 1956, and January-September 1957); shortening, production (March 1956 and
January-August 1957); electric-power production (January-October 1957); electric-power sales and revenue (January-December 1956). Electric-power production revisions for 1956 appear on
p. 20 of the March 1958 SURVEY.
§Data are based on a new and improved sample; they relate to specific products instead of the former "customer" classification. Comparable figures for January-March 1958 will be
published later.
cfTotals include data not shown separately. Revisions for 1st and 2d quarters of 1956 and 1957 are available UDon request.
« Revisions for January-March 1958 (thous. of dol.): Total shipments—121.7; 108.5; 122.7; trade products—71.1; 63.1; 73.1; industrial finishes—50.6; 45.4; 49.6.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
S-27
SUEVEY OF CURRENT BUSINESS
June 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly) :cf
Customers, end of quarter, total
Residential (incl. house-heating)
Industrial and commercial-- Sales to consumers, total
Residential (incl. house-heating)
Industrial and commercial
thousands
do
- __ do _
mil. of therms _ do
_. do_
Revenue from sales to consumers, total
Residential (incl. house-heating)
Industrial and commercial
mil. of dol
_ __do_
do_
27, 727
25, 563
2,132
27, 920
25, 779
2, 107
28, 668
26, 391
2 242
17, 554
5,608
11, 296
14, 396
2,281
11, 346
20, 245
6 615
12, 577
946.4
528.5
399.1
671 8
282.5
368.6
1 110 1
615 0
463 1
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
thous. of bbl
Taxable withdrawals
__
do
Stocks, end of month
_do. Distilled spirits (total) :
Production
thous. of tax gal
Consumption, apparent, for beverage purposes
thous. of wine gal
Tax -paid withdrawals
_
thous. of tax gal
Stocks, end of month
do
Imports
_
thous. of proof gal
Whisky:
Production.
_ _
thous. of tax gal
Tax -paid withdrawals
do
Stocks, end of month
do
Imports
thous. of proof gal
Rectified spirits and wines, production, total 9
thous. of proof gal
Whisky.
_ __
do
Wines and distilling materials:
Effervescent wines:
Production
thous. of wine gal
Taxable withdrawals
___do__
Stocks, end of month
do
Imports. _
do
Still wines:
Production
do
Taxable withdrawals
do
Stocks, end of month
do
Imports
__ _
_ _ do
Distilling materials produced at wineries
do
7,465
6,746
10, 527
8,675
7,963
10, 760
9,568
8,580
11, 223
9,712
8,945
11, 446
7,680
8,184
10, 470
7 227
7 185
10, 053
18, 886
16, 538
12, 208
7,672
9,758
24 794
15, 785
11, 590
863, 089
1,987
18, 192
13, 158
862, 770
2.385
16, 935 ' 16, 398 17, 407
11,411
13, 056
13, 802
858, 281 852, 617 845, 697
2,438
2, 052
1,978
16, 562
13, 809
845 026
2 947
r
11,710
5,734
751, 881
1,768
10, 337
6,511
752, 486
2,143
7,563
6,955
750, 528
1,736
4,282
5, 219
747, 534
2,219
4,033
6,815
742, 319
1,815
5,642
4,523
6,443
5,094
6,415
5,066
5,922
4,837
281
154
2,060
44
208
183
2,069
67
284
199
2,140
53
159
146
2,140
43
1,757
11, 520
148, 876
653
1,082
1,061
11,378
139, 479
777
888
1,414
11, 178
127, 727
589
1,481
150, 560
135, 492
.586
154, 745
116, 710
8,679
7,510
10, 842
6 824
6,893
9,586
5 810
5 852
9,212
6 834
6 651
9,005
6 353
5 565
9,437
5 894
5,346
9,631
7 702
6,717
10, 161
39, 878
25 054
24 177
21 966
20 431
22 392
21, 547
19, 727
843, 626
3,392
21, 259
15 870
844 385
4 277
25 806 i 15, 134 i 15 328 1 18, 674
12, 978
11, 545
11, 043
10 175
854 946 861 884 866 203 872, 725
2,330
1,851
1,801
3 280
2,548
9,172
7 062
741, 769
2 587
15, 188
10, 374
742, 531
3,010
14 220
8 699
744 602
3 875
16
5
753
2
14, 468
13, 994
6,635
6 311
763, 704 768, 349
2,054
1 680
2,280
5,946
4,533
6,865
5,429
10, 892
9,069
259
136
2,243
38
113
212
2,124
58
3,109
1,336
10, 117 ' 11, 039
115,921 109, 499
580
599
13, 298
2,154
144, 730
170, 575
.586
126, 910
190, 439
.586
157,150
118,445
135, 430
100, 715
343
347
073
898
14, 441
5,901
759, 106
1,568
8 849
7,480
5 776
4,536
5, 141
3,939
6 144
5,013
6,304
5,046
201
306
1,986
99
185
353
1,795
131
268
389
1, 635
123
224
197
1,645
37
321
149
1,797
43
381
189
1,974
50
295
177
2,069
56
47, 185
12, 668
145, 116
677
115, 853
78, 613
13, 945
209, 363
827
154, 877
15 228
12, 631
212 516
979
35, 661
6 111
13, 487
200, 303
946
13, 353
2,384
11, 349
190, 040
522
3, 111
2, 392
11, 173
177, 318
522
1,579
2,987
13, 334
169, 404
703
2,537
2,895
11, 870
157, 280
668
2,531
97, 710
178, 352
.594
86, 740
145, 671
.613
91, 895
119,703
.598
90 610
93, 347
.594
105 110
69, 295
.613
115, 980
63, 708
.588
106, 985
64, 033
.589
120, 955
63, 294
.588
T
117, 135
85, 890
103, 785
72, 660
101, 925
68, 425
95, 955
62, 785
101, 625
64, 405
100, 550
67, 325
96, 050
65, 175
117,415
79, 700
128, 060
90, 935
r
DAIRY PRODUCTS
Butter, creamery:
130, 320
Production (factory) J
thous. of Ib
115, 548
Stocks, cold storage, end of month__
do
.588
Price, wholesale. 92-score (New York)___dol. per lb._
Cheese:
128, 395
Production (factory), totalt .thous. of Ib
92, 240
American, whole milk %.
do___
126, 715
82, 278
.588
104, 765
.587
328, 349 330, 770 353, 801 364, 804 363, 026 350, 449 327,843 302, 999 293, 189 269, 469 260, 100 257, 271 '283,189 302, 901
Stocks, cold storage, end of month, total
do
293, 270 295, 554 315, 778 319,160 315, 275 304, 842 282,444 257, 405 249, 042 235, 998 227, 830 226, 083 ••248,748 266, 305
American, whole milk
_ _
do._
5,649
5,320
4,220
2,840
4,776
Imports
do
4 197
5,755
3,281
4 853
4,360
4,879
6 648
6 277
Price, wholesale, American, single daisies (Chicago)
.382
.390
.389
.388
.384
.380
.384
.389
.382
.381
.391
dol. per lb_
.380
.380
.390
Condensed and evaporated milk:
Production, case goods: |
4,700
5,400
6,375
Condensed (sweetened)
thous. of Ib
4,640
5,900
6,275
3,700
4,700
4,175
5,050
5,150
3,700
3,670
Evaporated (unsweetened)
_ do
207, 400 279, 900 271, 200 249, 700 215, 200 184, 000 162, 500 132 600 138, 200 143, 500 140, 900 182, 200 208, 200
Stocks, manufacturers', case goods, end of month:
5,087
8,136
6,744
6,308
3,791
3, 936
7,346
Condensed (sweetened)
thous. of Ib
4,859
7,440
5,956
5,838
4, 537
5,604
106, 829 186, 490 270, 743 333, 421 373, 684 387, 966 353, 048 274, 851 190, 141 135, 833
83, 814 106, 198
92, 420
Evaporated (unsweetened)
do
Exports:
2,691
3,112
3,017
5,435
1,710
2,708
2,486
2,633
Condensed (sweetened)
do
3,127
2,985
3,962
2,922
5,057
6,353
5,131
11, 928
9,781
Evaporated (unsweetened) _ _ _ _
do_
2,083
3,338
9,730
19, 853
4,358
8,568
29, 793
Price, manufacturers' average selling:
6.12
6.15
6.14
6.15
6.11
6.11
6.10
6.17
6.17
6.16
Evaporated (unsweetened)
dol. per case
6.17
6. 15
6 14
Fluid milk:
12 595
12, 712
11, 177
10, 667
9,344
9,754
9 492
9, 455
12, 332
Production?
mil. of Ib
11 171
9 371
10 487
11, 450
8 889
4,444
3,681
5,170
5,287
4,083
3,725
3,255
4,535
4,361
3,490
3,293
Utilization in manfactured dairy products!- _ _do
3,490
3,127
r
4.22
4.06
4.34
4.44
4.32
4.05
3.88
3.89
3.86
3.73
4 49
4.46
3.66
Price, wholesale, U. S. average
dol. per 100 Ib
» 3 74
Dry milk:
Production:?
7,300
6,500
7,050
7,100
7,600
5,500
8,600
9,000
Dry whole milk
thous. of Ib
7,000
7,050
5,400
6, 750
7,650
Nonfat dry milk solids (human food). ... _ do
91, 450
98, 800
171,700 209, 600 203, 000 153, 200 112,000
98, 050 121, 100 137, 100 130, 150 155, 800 175, 400
Stocks, manufacturers', end of month:
6,203
6,211
9,189
9,515
8,971
8,178
6,025
6,235
9,273
10, 123
10, 067
Dry whole milk
_
do
6,390
7,282
86, 460
79, 744
82, 383
88, 636
87, 113 87, 475
95, 315
Nonfat dry milk solids (human food)?
do__. . 84, 836 119, 550 144, 521 134, 483 113. 936
78, 807
Exports:
9,024
1,754
2,133
3,961
2,348
Dry whole milk
do
1,812
1,577
1,875
3,798
2,340
3,250
1,888
12, 524
33, 009
15, 912
6,723 31, 053
Nonfat dry milk solids (human food)__ ___ do.-_
6,931
10, 822 32, 366
7,551
22, 450
10, 698
13, 743
Price, manufacturers' average selling, nonfat dry
.137
.136
.136
.141
.136
.137
milk solids (human food)-._.dol. per lb_.136
.136
.137
.136
.136
.136
.136
1
r Revised.
P Preliminary.
Beginning 1959, includes data for Alaska (30,000 wine gallons in January; 26,000 in February; 32,000 in March).
cTTotals include data not shown separately. Revisions for 1st and 2d quarters of 1956 and 1957 are available upon request.
9 Data beginning July 1958 exclude production of wines and vermouth; for July 1957-June 1958, such production totaled 112,000 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-August 1957; condensed milk and evaporated milk and fluid milk used in dairy products—January 1956-August 1957; fluid milk (production)—January 1956December 1957; nonfat dry milk solids (stocks)—January 1954-December 1956.
SURVEY OF CUREENT BUSINESS
S-28
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
J
!??~
Fe r u
£y -
March
April
May
FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
2,126
4,195
1,356
1,188
449
364
147
140
33
175
838
16, 401
2,366
54, 123
1,790
47, 409
124, 717
2,494
37, 547
2,136
27, 955
' 1, 997
20, 912
' 2, 224
14, 244
6,273
Citrus fruits, carlot shipments
_ no. of carloads _
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
297, 391
Fruits
thous oflb
Fruit juices and purees
_do __ 490, 771
576, 539
Vegetables
do
Potatoes, white:
Production (crop estimate)
thous of cwt
15, 580
Shipments, carlot
no. of carloads.
Price, wholesale, TJ. S. No. 1 (New York)
5.675
dol. perlOOlb..
7,841
5,899
4,793
3,880
2,696
2,263
4,112
9,065
7,809
- 7, 016
r
316, 493
513, 471
535, 770
425, 922
464, 068
550, 078
502, 334
412, 398
650, 924
536, 253
356, 516
793, 100
539, 084
292, 215
860, 752
530, 821
245, 039
904, 594
511, 597
206, 758
899, 570
493, 172
222, 711
846, 853
458, 198
297, 741
761, 248
17, 599
17, 132
10, 992
6,623
9,085
10, 368
10, 100
i 263,782
12, 271
4.675
4.783
3.315
3.213
3.125
2.863
3.225
2.888
55, 560
63,960
59, 113
68,248
60, 046
63,597
61,600
69, 439
i 470,449
13,606
Production (crop estimate)
Shipments, carlot
Stocks, cold storage, end of month
thous. of bu
no. of carloads
thous. of bu.-
8, 308
404, 354 361,374
396, 238 418, 899
687, 121 647, 899
15, 333 ' 14, 383
r
2,257
'7,876
1,539
8,780
8, 595
305, 726 283, 955
487, 091 607, 864
637,920 595, 428
17, 035
16,824
3.130
'2.783
* 4. 216
' 73, 189 ' 58, 933
64,140
62,830
2. 925
16, 420
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) .._ thous. of bu__
64, 690
}
Barley:
Receipts, 4 principal markets \
Stocks, domestic, end of month:
Commercial
On farms
Exports including malt§
Prices, wholesale (Minneapolis):
No. 2, malting_
No 3 straight
do
do
do
do
dol. per bu__
do
14, 238
12, 378
12, 673
12, 585
11, 430
47, 149
47, 639
35, 721
11, 492
5,994
43, 524
151, 372
7,715
39, 225
7,135
46, 918
225. 368
12, 912
1.172
1.132
1.190
1.163
1.169
1.139
1.214
1.175
1.180
1.139
1.228
1.183
7,676
9,694
13, 532
10, 637
31, 833
19, 825
17, 430
10, 746
20,068
15, 921
41, 601
45,005
47,924
10, 382
14, 423
13, 684
44, 270
306, 800
10, 678
48, 520
11, 910
31,923
262,768
9,559
9,622
1.289
1.216
1.311
1.218
1.310
1.215
1.328
1.229
1.204
1.146
1.182
1.137
1.182
1.145
12, 139
26, 039
12, 053
24, 303
11, 732
22, 440
12, 088
23, 259
12, 333
27, 006
13, 802
33, 229
11, 531
47, 306
110, 526
107, 622
J,031.6
10, 753
99, 309
91, 470
2
109, 234
105, 231
13, 389
15, 698
20, 564
100, 026
2, 696. 0
19, 277
97, 973
13, 207
88, 563
344. 2
17, 052
90,153
11, 185
16, 444
16, 721
1.311
1.258
1.350
1.284
1.344
1.273
1.340
1.255
1.266
1.115
1.149
1. 068
1.117
1.074
1.167
1.096
1.171
1.098
1.179
1.101
1.207
1.130
4,125
6,533
14, 915
32, 517
12, 292
5,162
3,672
i 1, 422
7,381
9,140
5,741
7,206
8,224
2274,338
""i'lar ' 2. 687
.641
.633
13, 113
38, 519
33, 943
1,202,549
'865 " '"I," 829
"3,313 ~~~2~120~
.664
.642
.612
.621
28, 297
Corn:
Production (crop estimate)
mil ofbu
12, 064
Grindin^s wet process
thous of bu
43, 900
Eeceipts, interior primary markets
do
Stocks, domestic, end of month:
112, 538
Commercial
__do
On farms
mil of bu
Exports, including meal and flour thous. of bu_. 15, 427
Prices, wholesale:
1.288
No. 3, yellow (Chicago)
dol. per bu._
1.201
Weighted average, 5 markets all grades
do
Oats:
Production (crop estimate)
mil ofbu
5,174
Eeceipts, interior primary markets
thous. of bu_Stocks, domestic, end of month:
8,698
Commercial
do
On farms
do
"~2~ 597"
Exports including oatmeal
do
.685
Price, wholesale, No. 3, white (Chicago) _.dol. per bu. _
5,804
31, 451
""2,"4 166"
()
3, 800
11, 539 311,742 -3 II, 759 '3 12, 547 3 12, 751
36, 402
29, 600
33, 166
28, 388
thous of bu
do
Price, wholesale, No. 2 (Minneapolis) ___ dol. per bin..
Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
Receipts interior primary markets
Disappearance (Quarterly total)
Stocks, end of month:
Canada (Canadian wheat)
mil of bu
do
do
thou^ of bu
do
do
115, 583
79, 224
169, 218
112, 412
92, 469
45, 755
20,154
25, 672
20, 342
23, 013 22,183
952, 566
587, 576
3,122 ~~~4~090~ ~~~3,~328~
2,218 "~~2~li>9~
.700
.676
.676
.698
.699
17, 260
flour
do
do
74, 871
93,683
55, 408
196, 864
113, 685
135, 098
131. 856
68, 465
141, 994
1, 115. 2
135, 699
.093
1, 172. 1
69, 316
.091
1,182.3
55, 606
.093
1,137.1
69, 613
.094
1, 038. 0
55, 341
.093
867.0
131, 368
'.091
723.8
91, 533
p. 089
843
6,277
1.262
408
5,495
1.231
i 32, 485
420
4,973
1.230
1,042
4,271
1.274
830
3,680
1.289
1,001
3,374
1.311
3,123
1.303
46, 736
47, 663
19, 067
104, 771
30, 965
127, 503
143, 466
78, 804
561.7
116, 030
.103
507.7
41, 678
.101
504.4
96,815
.101
370.5
181, 617
.102
321.0
112, 349
.101
535.1
133, 979
.091
206
1,866
1.354
1,047
1,816
1.386
5,516
4,019
1.228
2,202
5, 717
1.215
2,982
6,596
1.158
1,095
6,284
1.253
24, 153
20, 509
33, 261
244, 709
95, 634
83, 264
56, 821
202, 858
36, 172
358, 939
347, 510
370, 607
394, 941
388, 003
381, 512
372, 660
37, 331
33, 345
.57, 281
78, 735
312, 735
120, 766
47, 735
12, 323
86, 687
25, 771
20, 944
51,417
29, 009
170, 607
73, 452
43, 026
31, 464
110, 265
40, 764
34, 987
53, 447
98, 036
119, 870
28, 329
47, 331
29, 929
24, 841
96, 452
50, 769
641, 449 1,075,108
120, 794 163, 518
86, 628
52, 702
34, 810
28, 467
110,076
68, 975
115, 677
77, 788
168, 809
57, 019
51, 975
38, 140
i 1,462.2
i 282. 3
1
1,179.9
29, 394
28, 747
322, 743
371, 059
30, 543
26, 387
36, 237
29, 587
31, 159
25, 927
.094
47, 015
92, 062
54, 010
125, 914
105, 497
55, 794
35, 958
121, 268
1.290
1.225
379, 269
133, 123
60, 326
90, 282
92, 837
31, 988
30, 387
37, 079
282, 869
380, 133
375, 434
374, 184
2, 141. 1
2 880. 6
1, 820. 2
United States, domestic, totalcf
mil. of bu__
Commercial^
thous of bu ~34()~820 "338," 279" 304, 782 "447," 554" ~491~668~ 472, 590 "475," 989" "456,"§12" 422, 047 ~ 429^989 "433," 776"
Interior and merchant mills, elevators, and
940, 838
2447,128
854, 305
warehouses
thous ofbu
250,465
643, 900
456, 581
On farms
do
Exports, total, including
Wheat only
109, 792 120, 249
1, 815. 9
16, 679
13, 597
1.283
1.218
1
Rye:
Production (crop estimate)
Receipts interior primary markets
1. 235
1.197
1
Rice:
California:
Receipts domestic rough
thous oflb
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of Ib
Southern States (Ark., La., Tenn., Tex.):
Receipts rough at mills
do
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil. o f l b
Exports
thous oflb
Price, wholesale, head, clean (N. O.)
dol. per lb__
6,918
34, 107
28, 744
40, 982
35, 427
31, 770
28, 410
1. 250
» 1,181. «
55 240. 4
941. 2
376, 435
1, 540. 0
419, 579 ~432,~669~ ~418~957~
760,417
282, 989
40, 437
36, 851
37, 039
31, 521
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.211
2.432
2.227
2.172
2.235
2.205
2.266
2.473
2.417
2.433
2.282
2.250
2. 215
2.218
dol. per bu._
2.262
1.846
1.835
2.028
1.999
1.984
1.902
1. 998
2.067
1.974
2.271
2. 030
1.951
No. 2, hard winter (Kansas City)_.
_ do _
2.090
2.282
1.786
2.041
2.018
1.948
1.785
1. 885
1.819
1.923
1.904
2.037
1.930
No. 2, red winter (St. Louis)
do_ _,
(4)
(4)
2.271
2.383
2.351
2.162
2.195
2.063
1.960
'2.212
2.208
2.187
2.220
2.174
2.213
2.191
Weighted avg., 6 markets, all grades
do
!
' Revised.
* Preliminary.
December 1 estimate of 1958 crop.
2
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
s Data beginning January 19594 are on standard 17-percent
5
moisture basis; prior thereto, on basis of varying moisture content (from 12 to 25 percent). January 1959 figure comparable with earlier data is 11,885,000 bushels.
No quotation.
June 1
estimate of 1959 crop.
JRevised 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
n the October 1957 SURVEY.
§ Excludes a small amount of pearl barley.
9 Bags of 100 Ib.
cfThe 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.
HData 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.
June 1959
SURVEY OF CUEEENT BUSINESS
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-29
1959
1958
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flour
thous of sacks (100 Ib.)
Operations, percent of capacity _ _ _ _ _ _
Offal
thous. of short tons
Grindings of wheat
_
thous. of bu
Stocks held by mills, end of quarter
thous. of sacks (100 Ib.)
E xports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
dol per sack (100 Ib )
Winter hard, short patents (Kansas City) do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
thous. of animals
Cattle
do
Keceipts, 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!001b._
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 lb__
Lambs, feeder, good and choice (Omaha) __do_ _
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
mil of Ib
Stocks (excluding lard), cold storage, end of month
mil. oflb__
E xports (including lard)
do
Imports (excluding lard)
do
Beef and veal:
Production inspected slaughter
do
Stocks, cold storage, end of month
thous. of lb_.
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb_.
Lamb and mutton:
Production inspected slaughter
_ thous. of Ib
Stocks, cold storage, end of month..
do ___
Pork (including lard), production, inspected slaughter
mil oflb
Pork (excluding lard) :
Production inspected slaughter
thous oflb
Stocks, cold storage, end of month
do _
E xports
do
Imports
do
Prices, wholesale:
Hams smoked composite
dol per Ib
Fresh 'loins, 8-12 Ib. average (New York)
do
Lard:
Production inspected slaughter
thous. of lb_
Stocks dry and cold storage end of month
do
Exports
.. . do
Price wholesale, refined (Chicago)
dol. per lb_
19, 394
80.6
373
44, 464
19 321
84.1
371
44, 278
19 205
83 4
370
44, 046
20 429
84 7
392
46, 862
20 220
87 7
382
46 266
21 504
93 2
402
48, 875
23 385
92 5
435
53 084
20 191
96 7
375
45 825
91 072
87 0
390
47 950
21 584
93 3
400
48 959
18 861
85.6
351
42 884
20 595
84 8
382
46, 720
19 462
80.1
360
44, 131
2,722
2 184
4,291
2 480
2 071
1 711
4,374
1 784
2 854
2 245
4 349
2 302
2 384
1 442
4,519
1 539
2,368
5.990
5.750
5 975
5.550
6 270
5 350
6 030
5 125
5 695
5 050
5 870
5 230
5 830
5 465
5 760
5 400
5 580
5 125
i 5 430
i 4 §50
i 5 450
i 5 025
r
485
1,383
1,729
302
438
1,468
1,697
277
430
1,506
1,846
267
435
1,561
1,820
249
424
1,479
1 783
364
471
1,561
2 440
815
541
1,647
2 670
1 273
441
1,302
1 907
897
474
1,437
1 793
352
424
1,441
1 751
386
377
1,219
1 416
291
423
1,334
1 753
344
406
1,433
1,759
477
369
1,421
28 59
26.83
34 00
28 27
27.16
33 50
27 67
25.38
31 00
26 75
25.43
31 00
25 91
24.46
31 50
26 65
25.47
32 00
26 70
25.80
32 00
26 79
26.46
33 50
27 01
25.81
32 50
27 81
26.10
33 00
27 44
25.97
28 22
27.78
29.32
28.63
28.82
28.69
4,963
2,580
4,444
2,304
4,209
2,226
4,326
2,196
4,515
2 295
5,219
2,633
5,911
2,897
5,258
2 509
5,814
3 015
5,885
2 993
20.26
21.58
21.82
21.88
20.87
20.04
18.76
18.06
17.42
16.25
(2)
i 5 450 •p i 5 420
i 4 975 p i 5 005
(2")
(2)
5,686
2 751
5,733
2 900
5,652
2,899
4,950
15.32
15.72
15.77
15.59
14.5
13.8
13.5
1,018
23.25
20.28
r
18.0
18.3
18.2
1,149
988
106
1,122
1 026
144
1,042
828
138
1,013
864
265
950
1 035
356
1,045
1 357
565
1,131
1 273
636
883
817
222
1,061
937
121
1,322
1 128
163
1,080
875
153
1,143
1 009
120
1,101
1,005
156
21.00
22.22
22.25
(2)
24.75
(2)
24.50
22.92
24.00
22.23
22.00
22.78
22.25
23.03
21.88
22.56
19.75
20 88
18.62
19.75
18.62
19.71
21.25
19 55
21.50
19.88
1,804
1,776
1 756
1 799
1 742
1 914
2,125
1 832
2 048
2 084
1 862
1 950
2,013
444
35
64
422
55
73
396
47
74
360
52
92
333
46
86
317
47
83
346
65
74
419
67
71
462
49
85
499
68
80
582
78
66
602
66
64
'660
63
94
839.0
111, 937
1,173
39, 218
885.5
107, 468
2,562
39, 535
901 9
115, 947
1,406
41, 543
947 0
119, 301
1,242
50 397
898 4
125, 234
1,680
44 097
948 8
J32, 938
2,514
46, 679
1,019 2
149, 210
3,027
41, 019
816 4
171, 633
2,161
38, 181
919 7
189, 655
2,619
43 764
929 7
189,467
1,919
42, 574
783 1
186, 850
1,470
38 945
18.4
17.6
.482
.478
.477
.468
.451
57, 821
6,674
54, 820
10, 431
47, 330
11, 995
45, 517
10, 411
42, 973
10, 969
17.6
r
17.8
19.0
17.2
16.1
14.8
' .456
.455
.452
.462
.481
.482
47, 691
9,927
51, 785
9,913
41, 780
9,280
51, 927
9,189
66 846
10, 118
55, 104
11,053
651
912.3
855 4
184, 641 ' 184, 291 182, 965
2,039
1,850
52, 579
28 767
.485
.494
.491
54, 888
57 520
10, 991 ' 13, 478 15, 566
1 076 2 1 087 0 1 023.5
1 036 6 1, 046. 2
812 884
240.489
4 976
18 404
771, 769
319, 951
7,500
12 900
775 119 r 781, 917
337,
120 380, 997
r
4,431
4 824
18, 829
16 538
371, 577
571
.478
539
.480
500
.430
506
.422
p. 496
.453
.463
201, 269
95, 000
26, 129
.128
200, 784
109, 100
42, 149
183, 679
117. 900
56, 521
.121
191 489
132 200
41, 910
120
193, 530
146, 900
41, 248
*.123
393
432
907.7
835.5
807 0
806 4
800 6
917 4
1,054 4
973 7
680, 920
260, 147
3,664
15, 227
619, 424
242, 839
4,235
15, 472
604, 733
209, 936
5,506
14, 443
603 764
173, 147
4 541
16 860
610, 151
149, 128
3 506
15 335
698, 914
127, 088
3,627
13 837
793, 024
134, 361
5,134
15 989
730, 133
184, 438
5, 789
16 931
800 301
206, 414
4 831
18 918
.565
.519
.558
.556
.573
.572
577
.552
570
.504
.536
.548
.521
.521
543
.497
165, 208
86, 580
21, 608
.153
158, 190
86, 673
36, 986
.154
147, 797
66, 474
31, 712
.155
147, 505
55, 124
31 , 977
.155
139, 355
49, 827
26, 778
.170
159, 979
45, 774
25, 177
.155
190, 814
54, 166
39, 322
.158
177, 557
67, 938
40, 352
.145
.124
POULTRY AND EGGS
Poultry:
371
Slaughter (commercial production)*. .. mil. oflb-..
Stocks, cold storage (frozen), end of month
thous. oflb- . 177, 125
Turkeys
_ _ _
_ do _ 104, 667
Price, in Georgia producing area, live broilers*
186
dol. perlb..
Eggs:
15.3
Production on farms
- mil. of cases $ _
Stocks, cold storage, end of month:
322
Shell
thous. of cases
Frozen
__ .thous. of lb_. 68, 274
Price, wholesale, extras, large (Chicago)
.380
dol. per doz.-
409
433
476
547
602
689
604
521
402
346
145, 553
84, 243
139, 981
80, 314
147, 113
79, 192
190, 202
103, 562
278, 649
160, 808
408, 089
254, 849
377, 235
207, 845
346, 603
162, 055
331,835
160,476
293, 562
140, 510
.194
.201
.182
.166
.155
.152
.150
.141
.175
.165
15.4
14.0
13.6
13.0
12.5
13.4
13.7
14.6
14.9
14.1
705
100, 624
852
134, 218
712
139, 779
494
133, 777
290
116, 645
207
93, 687
140
73, 403
53
57, 082
57
47, 085
52
45, 701
.360
.352
3.372
3.391
3.463
3.423
3.406
3.365
3.356
3.343
250, 298 >• 215, 310
112, 252 r 86, 699
198, 405
67, 369
.170
.155
.152
16.5
16.1
15.9
'532
107
55, 015 •• 84, 998
998
122, 326
3.263
.245
'3.315
MISCELLANEOUS FOOD PRODUCTS
84, 861 72, 142
Confectionery manufacturers' salesj
thous of dol
68, 180
64 677
73 138 125 901 126, 797 114, 362 102,278 108, 520 r 104, 287 r 96 185 88,418
Cocoa (cacao) beans:
20,215
5,931
17, 525
22, 271
8,439
14, 913 14, 823
6,325
13, 226
7,821
15 357
19, 202
Imports (incl shells)
long tons
41, 190
.368
P. 368
.374
.438
.429
.489
.427
.358
.460
.378
Price, whoesale. Ancra (New York)
dol. oer lb._
.483
.410
.463
T
Revised.
» Preliminary.
* Begining January 1959, quotations are for 100 pounds of flour in bulk rather
than in sacks as formerly. January 1959 prices comparable with earlier
2
data: $5.710 per 100-pound sack for spring wheat flour (Minneapolis) and $5.100 for winter (Kansas City).
No quotation.
s Prices paid delivered; not strictly comparable with
prices through June 1958, which are f.o.b.
*New series (from U.S. Department of Agriculture); comparable data are available back to 1934.
9 Cases of 30 dozen.
{ Revised to include
data for the manufacturer-retailer group at f.o.b. factory level rather than at retail level as formerly. Revisions for January 1956-February 1958 will be shown later.
S-30
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
SUEVEY OF CURRENT BUSINESS
June 1959
1958
April
May
June
July
1959
Septem- October Novem- DecemAugust
ber
ber
ber
January
February
March
April
May
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee (green):*
Inventories (roasters', importers', dealers'), end of
quarter
thous. of bagscT
Roastings (green weight) Quarterly total
do
1,927
Imports
do
619
From Brazil
do
Price, wholesale, Santos, No. 4 (New York)
.538
dol. per lb_.
Fish:
Stocks, cold storage, end of month. _ __thous. of lb_- 101, 999
Sugar:
Cuban stocks, raw, end of month
3,804
thous. of Spanish tons
United States:
Deliveries and supply (raw basis):
Production and receipts:
41, 659
Production
short tons
578, 036
Entries from off-shore, total
do
106, 732
Hawaii and Puerto Rico
do
.513
.485
.470
.460
.450
.441
.445
.423
.415
.410
.378
.378
113, 827
134, 576
167, 720
187, 678
199, 656
210, 531
217, 556
214, 516
187. 786
153, 778
141, 027
142, 584
3,840
3,239
2,590
2,190
1,740
1,257
873
654
667
1,452
2,776
4,106
73, 047
489. 760
103 300
53, 122
614 660
113 400
31, 766
631, 860
196 965
15, 274
835, 632
242, 597
104, 377
593, 578
229 523
647, 374
402, 904
135 314
825, 682
297, 890
120 859
588, 066
180, 075
70 256
186, 671
593, 251
77, 556
73, 925
438, 836
141 154
42, 367
596, 387
152 f35
711, 181
703, 039
8,142
746, 725
740, 595
6,130
814, 694
808, 697
5,997
900, 621
888,147
12, 474
915,902
904, 092
11,810
876, 505
868 846
7,659
786, 725
778, 259
8,466
624, 045
849, 564
572, 154
565, 056
7,098
547, 786
542, 834
4, 952
717, 767
712, 198
5,569
1,629
872
1,503
259
1 326
2,031
1 100
698
830
328
691
362
1, 040
623
1,695
4,121
1,873
468
1,916
519
1 912
492
1,828
507
981
412, 238
288, 253
116,057
50, 508
40, 214
359, 653
232, 638
121, 136
45, 737
36, 483
425, 698
329, 818
95, 874
50, 753
41, 948
443, 149
312, 146
123, 796
35, 932
29, 605
326, 335
220, 034
104, 160
44, 836
39, 796
349, 935
270, 048
53, 200
38, 805
29, 135
260,611
191, 899
59, 025
26, 284
18, 884
258, 853
194, 854
37, 039
15, 143
3,936
291,391
222, 777
2, 965
3,047
1,050
292, 962
186, 624
54. 467
31, 364
23.. 049
297, 859
169, 797
70, 835
45, 686
37, 552
387, 484
250, 080
111, 170
50, 361
42, f 86
383, 165
313, 744
69, 399
55, 477
44, 502
.062
.063
.063
.063
.062
.064
.065
.063
.065
.062
. 060
.058
P. 057
.539
.084
9,687
.540
.084
9,954
.550
.086
6,143
.550
.086
8,229
.552
.086
8,784
.552
.086
7,278
.553
.086
8,546
.552
.086
8,555
. 553
.086
11, 121
. 553
.086
8,498
.539
.085
8,635
.552
.085
9,057
.551
p 084
10, 949
Deliveries, total. _ _ .
do . _ .
For domestic consumption
do
For export
__
_ _ do
Stocks, raw and refined, end of month
thous of short tons
Exports
short tons
Imports:
Raw sugar, total 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 lb_
TOBACCO
Leaf:
Production (crop estimate)
mil. of Ib
Stocks, dealers' and manufacturers', end of quarter,
total
mil. o f l b _ _
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil. of Ib
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports, including scrap and stems
thous. of lb_ 22, 789
8,894
Imports, including scrap and stems. ..
do_ __
Manufactured products:
15, 487
Production, manufactured tobacco, total
do
5,793
Chewing, plug, and twist
.
do _ . _
6,863
Smoking
do
2,831
Snuff,.
._
do _
Consumption (withdrawals):
Cigarettes (small):
2,604
Tax-free
...
-- millions
35, 669
Tax-paid
do
490, 051
Cigars (large), tax -paid _
__
thousands
Manufactured tobacco and snuff, tax-paid
15, 208
thous. of lb_
1,420
Exports, cigarettes
millions
Price, cigarettes (regular), manufacturer to wholesaler and jobber, f. o. b. destination
4.281
dol. per thous. _
2,019
869
2,349
4 954
1,307
656
1,446
375
1,247
474
1,826
4 900
1,478
585
4,609
4,708
316
282
4,030
4,188
2,052
773
2,114
5, 570
2,030
877
1,886
853
1
1, 758
r
4, 977
r
1,588
514
2,279
959
2,410
5 829
2, 252
1,119
1,781
725
.375
4,841
257
320
4,480
4,247
24, 055
13, 305
26
237
32, 247
10, 298
34,903
14, 821
39, 831
12, 827
27
210
58, 767
12, 326
83, 620
14, 133
54, 713
11.609
34
207
48, 889
10, 659
27, 470
13, 624
17, 019
11,804
43
232
33, 219
12, 883
24,180
11, 429
16, 086
6,133
6,909
3,043
15,351
6,071
6,368
2,913
13, 681
5,702
5,813
2,165
15, 242
5,689
6,477
3,076
16,111
6, 095
6,894
3,122
17, 724
6,495
7,748
3,481
13, 455
5,394
5,481
2,580
13, 465
5,255
5,274
2,936
14, 951
5, 919
6,083
2,949
13, 855
5,433
5,647
2,775
14, 542
5,404
6,143
2, 995
15, 381
5,712
6,758
2,911
2,765
37, 645
542, 127
2,679
38, 642
502, 876
2,840
36, 820
511, 637
2,964
39, 644
535, 995
2,995
38, 076
546, 698
3,291
40, 895
591, 711
2,657
34, 820
618, 107
2,711
33, 953
402, 108
2,636
36, 242
441, 969
2,674
34, 614
453, 356
2,784
35 493
511, 721
3,216
38 097
525,850
15, 654
1,728
14. 889
1,577
13, 694
1,402
15, 264
1,788
15, 670
1,532
17, 240
1,813
13, 207
1,525
13, 472
1,297
14, 526
1,350
13, 518
1,428
14, 325
1 478
15, 044
1 600
4.281
4.281
4.281
4.281
4.281
4.281
4.281
4.281
4. 281
4.281
4.281
p 4 281
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:*
Value, total 9
thous. of doLCalf and kip skins
thous. of skins
Cattle hides.
_
thous. of hides
Imports:
Value, total9
- - thous. of dol
Sheep and lamb skins
thous. of pieces.,
Goat and kid skins
_
do
Prices, wholesale (Chicago):
Calfskins, packer, heavv, 9^/15 Ib
dol. per lb._
Hides, steer, heavy, native, over 53 lb_ ... __.do
4,688
340
435
5,694
303
610
3,895
217
386
3,858
222
380
3,867
200
379
3,649
201
351
5,231
241
514
5,080
224
451
3,997
146
389
3, 882
165
341
4,142
119
380
5,019
177
390
3,946
150
323
6,403
5,474
1,959
4,638
2,182
1,996
5,016
2,510
1,437
5,188
2,877
1,391
4,713
2,515
1,172
3,486
1.749
1,318
4,470
2,371
1,580
4,036
1,442
1 474
5 186
1,433
2 150
6 381
1 905
2 576
5 468
2 332
1 958
9 690
6*364
2*243
8 872
4 253
2 217
.425
.108
.500
.113
.500
.118
.500
.123
.500
.133
.500
.118
.550
.133
.650
.650
.675
133
.675
183
P. 750
v 253
.525
. 128
118
123
LEATHER
Production :
Calf and whole kip
thous. of skins.624
645
687
646
600
699
644
••546
689
727
626
597
665
Cattle hide and side kipt__.thous. of hides and kips.. T 1,877 r 1,942 rr 1, 893 rr 1, 648 ' 1, 983 r 2, 025 ' 2, 331 ' 2, 044 ' 2, 162 r 2, 153 r 2, 046
2,095
2,088
r
r
T
r
G oat and kid J_
thous. of skins . r 1, 746 r 1, 706 r 1, 685
1,815
1, 122
1,
507
1, 829
1, 525 r 1 768
1 747
1 973
1 894
1 968
r
r
r
r
r
T
Sheep and lambj
.
do
2 3%
2, 218
2. 156
1, 974
2 353
1, 959
2, 470
2 581
2 419
r 2 396
r 2 400
2 378
2 524
Exports:
Glove and garment leather*
thous. of sq. ft_1,965
1,476
1, 425
1, 335
1,010
986
1,823
1,532
1,342
1,126
1,234
1,629
2,097
Upper and lining leather
do
3,497
4,060
2 395
3 366
3 569
3 952
4 578
3 982
2 988
2 767
2 633
2 339
2 849
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
dol. per lb_.
.625
.630
.630
.630
.630
.635
.635
.640
.657
.697
.657
'.710 p 1. 010
Upper, chrome calf, B and C grades, f.o.b. tannery
1.162
1.165
1.188
dol. per sq. ft_.
1.188
1.192
1.188
1.198
1.308
1.218
1.308
1.308 v 1. 345 p 1.403
r
l
Revised.
f Preliminary.
December 1 estimate of 1958 crop.
*New series (except for coffee price). Data prior to August 1957 are available from reports of the Bureau of the Census. cTBags of 132.276 Ib.
9 Includes data not shown separately.
§ (Price for New York and Northeastern New Jersey.
{Revisions for January-March 1958 will be shown later.
SURVEY OF CURRENT BUSINESS
June 1950
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-31
1958
May
April
June
July
1959
January
DecemAugust SeptemOctober November
ber
ber
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
46, 414
43, 774
45. 212
46 066
50 388
50 131
53 270
45 015
48 216
53 333
54 258
57, 547
56 048
40, 825
37, 316
38. 443
39, 860
42, 411
41, 594
43 615
37 153
43 272
49 472
48, 948
51, 476
49 044
8,247
1,753
22, 769
5,001
3,055
7,647
1,805
20, 022
4,945
2,897
7,895
1,813
21, 266
4.879
2, 590
7,284
1,994
22, 482
5,596
2,504
8,144
2. Ill
23, 702
5, 768
2, 686
8,733
2. 198
22, 012
5 835
2,816
9, 157
2 023
22, 759
6 484
3 192
8 220
1 703
18 846
5 500
2,884
9,150
1 990
22, 269
6 420
3,443
9,675
2 187
26, 229
7 670
3 711
9, 580
2 233
26,269
7 321
3, 545
10, 425
2 318
27, 797
7 398
3, 538
10,523
2 195
26, 875
6 239
3 212
4,673
415
501
356
5,614
433
411
275
6,031
455
283
221
5 574
331
301
202
7 110
419
448
303
7 619
462
456
319
8 593
571
491
436
6 898
443
521
244
3 957
482
505
162
3 073
475
313
186
4 397
534
379
256
4 925
631
515
292
5 786
635
583
285
124.4
124.4
124.4
124.4
124.4
124.4
124 4
124 4
124 4
124 4
124 4
124 6
p 128 7
133.9
118.7
133.9
118.7
133.9
118.7
133.9
118.7
133.9
118.7
133.9
118.7
135 1
119.5
134 8
119 5
134 8
120.2
134.8
120.2
134 8
120.2
134 8
120.2
J> 138. 8
^ 131. 5
2T 731
599
2 132
2,r 660
611
2 049
r 2, 716
Slippers for housewear
do
Athletic
do
Other footwear
do
Exports
do Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide upper,
Goodyear welt
1947-49=100-Women's oxfords, elk side upper, Goodyear welt
1947-49=100
Women's pumps, low-medium quality
do_
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES*
National Lumber Manufacturers Association:
Production, total
mil. bd. ft
Hardwoods _
_
_
do _
Softwoods
do
Shipments, total
_
_- __do__
Hardwoods
do
Softwoods _ _ _ _ _ _ _
__
__ do
Stocks (gross), mill, end of month, total
Hardwoods
Softwoods
. _. _
Exports, total sawmill products©
Imports, total sawmill products©
SOFTWOODS!
Douglas fir:
Orders, new
Orders, unfilled, p,nd of month
Production. _
_
Shipments
Stocks (gross), mill, end of month
•• 2, 676
r510
2, 166
2,T 838
532
r
2, 306
r
r
r
r
r
__do_
do
_do
*T 9, 375
3, 396
r
5, 979
r
T
T
5 568
9 018
r 3 547
r 5 471
M bd ft
do
57 181
238, 044
69 793
258, 851
57 785
290 069
62 920
313 697
77 962
334 024
mil. bd. ft
do
do
do
do
782
580
691
720
1, 091
782
633
711
T
729
1, 072
668
571
666
730
1, 007
815
690
607
696
r
919
20, 766
9,423
11,343
14, 819
7,467
7,352
r
Exports, total sawmill products
- _ _ M bd. ft__ 22, 052
Sawed timber
do .
10, 160
Boards, planks, scantlings, etc
do
11, 892
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
dol. per M bd.ft-. 75. 589
Flooring, C and better, F. G., 1" x 4", R. L.
dol. per M bd. ft-_ 112. 498
Southern pine:
r
Orders, new
mil bd ft
616
Orders, unfilled, end of month...
do
184
T
Production
do
568
T
Shipments. __ _
..
do
583
Stocks (gross), mill and concentration yards, end of
month
_
_
mil. bd. ft
2,005
Exports, total sawmill products
M bd ft
7,287
Sawed timber
_
__ do ._
1,800
Boards, planks, scantlings, etc
do
5,487
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6", R. L.
dol. per M bd.ft- - 74. 496
Flooring, B and better, F. G., I" x 4", S. L.
dol. per M bd. f t _ _ 140. 672
Western pine:
Orders, new
__ __ _ _ mil. bd.ft.658
Orders, unfilled, end of month
_ do
467
Production
do
589
Shipments .
do
660
Stocks, gross, mill, end of month
__
__ do
1,899
Price, wholesale, Ponderosa, boards, No. 3 common,
I" x 8"
dol per M bd ft
67. 930
r
2,r 824
518
2, 306
2,r 947
532
2, 415
9, 252
3, 382
5,870
r
23, 857
10, 044
13, 813
T
9,
r
3
r
210
435
5, 775
r
75. 950
75. 956
111. 169
110. 556
1
r
r
3,r 056
595
2, 461
3,r 103
570
2, 533
r
9, 070
r
3 502
r
117
477
5, 640
76. 073
615
191
r
565
r
608
r
r
r
9,
r
3
r
111. 169
r
r
' 2,
889 ' 2, 810
r
589
••548
2, 300 Tr 2, 262
r 2,r 929
2,r 902
506
536
r
2, 393 r 2, 396
r
1
1
r
T
r
r
3,r 143
619
2 5r4
3,r 195
574
2, 621
r
r
3r 272
593
2 679
3 266
r 599
T
2 667
T
r
r
r
r
r
r
9 025
T 3 54]
r 5 4g4
9 096
r 3 529
r 5 567
67 480
390 936
62 292
339 377
56 648
312 828
750
727
683
713
r
889
693
643
727
777
r
839
T 636
519
r 778
T 858
r 570
512
619
r 577
T 900
18 424
8 560
9 864
21 260
10 124
11 136
16 152
8 342
7 810
17 152
7 430
9 722
r
r
f 2, 650
'546
2 104
2, 662
r 546
T
2 116
r
2,642
r
554
2 088
2, 682
r 585
2 097
2 964
597
2 367
3,111
591
2,520
3 121
603
2 518
3, 271
599
2,672
r
r
r
r
r
r
r 5' 613
r 5 601
r
9 091
r 3 500
r 5' 591
8,945
3 506
5 439
8,846
3 510
5,336
56 670
309* 872
48 454
257 384
45 213
258 844
86 748
333 370
52 812
r 742
600
631
696
660
641
636
603
681
588
582
887
709
662
706
799
865
779
678
729
763
882
16 574
7 437
9 137
23 724
14 191
9 533
21, 723
9 561
12, 162
9, 144
9 132
3 531 r 3 531
r
r 654
r 877
r 882
21 673
9 254
12 419
20 731
10 197
10 534
r
80. 577
83. 202
81. 543
79. 072
78. 659
79 907
82. 279
r
84. 668 T 85. 709
120. 750
120. 582
121.002
121. 002
121 072
123. 808
r
127.212 P127. 645
r 688
r 655
r 660
252
r 574
r 506
173
r 596
r 570
194
r 587
r 583
r 566
188
r 582
r 584
r 527
1 769
5 676
1 211
4 465
1 824
6 845
974
5 87J
78 574
78 181
r 567
T
r 584
r
621
r 631
r 662
r 675
r 698
1,962
6,754
1,115
5 639
1,948
6 521
1,410
5 111
1,911
6 547
1,488
5 059
1 854
5 690
909
4 781
1 788
7 254
1 654
5 600
1 765
7 143
1 605
5 538
75. 045
75. 149
l 75. 347
75. 921
76. 726
77 482
137. 624 * 137. 536
r
'528
2, 188
2,r 668
526
2, 142
115. 675
^622
195
140. 014
r
r 760
584
194
581
r
r
r
245
207
1
T 551
577
219
r 554
r 546
702
948
636
673
715
255
661
708
1 857
5 103
1 129
3* 974
1 865
4 855
l' 002
3 853
1 828
5 950
1 241
4 709
1,781
5 917
1,033
4 884
78 239
78.184
r
r
78.688 v 79. 577
r
136. 7S2
136 782
137 656
137 656
136 752
137 128
136902 !37 279 *137. 718
657
483
555
613
1 951
74 940
776
651
775
490
488
527
752
617
658
814
645
736
1,783
1 923
1 845
2 73 470 r2 75 970 j>80 315
640
421
693
724
1,869
659
410
717
709
1, 876
783
493
751
738
1 887
723
512
847
816
1 918
772
483
836
801
1 953
716
378
844
821
1 976
546
346
612
578
2 010
747
439
653
654
2 009
68 530
68 530
67 990
67 600
69 260
70 770
71 070
70 790
3,725
13, 500
3 050
3,150
12, 000
3,200
13, 525
3 125
3 425
10, 825
3,600
12,400
3 100
4 300
9,550
3,800
11,500
3 500
4 100
9,150
4 225
11 350
3 575
3 850
8,850
3 275
11 125
3 750
3 375
9*200
3 250
11 025
3 600
3 200
9 750
3 725
11, 675
3 250
3 175
9,900
3 400
13 100
3 400
2 500
10, 850
3 600
12 725
3 150
2 750
11 225
3 050
12 800
3 150
3 000
11, 400
3 500
13 325
3 500
3 175
11 675
4,125
13,150
3 650
3 950
11,600
87, 723
55, 360
71, 535
78 185
92, 963
80, 068
56, 108
73, 987
80 553
84, 457
72 949
51, 891
75 231
78 Oil
81, 677
75 867
52, 030
77 877
77 ggS
80, 587
89
58
78
83
75
76
53
82
82
74
70
41
89
86
76
59 230
35 596
71 184
66 745
79, 370
56 877
33 271
70 641
61 ' 194
88, 261
97
54
75
74
84
95
72
70
76
77
92 261
77 913
77' 302
82 964
70 029
91 028
80 928
85 913
89 343
64,889
2
HARDWOOD FLOORING AND PLYWOOD
Flooring:
Maple, beech, and birch:
Orders, new
M bd. ft
Orders, unfilled, end of month
do
Production
do
Shipments
do
Stocks (gross), mill, end of month
do
Oak:
Orders, new.__
do
Orders, unfilled, end of month...
___ do _.
Production
...
do
Shipments
do
Stocks (gross), mill, end of month
do__ Plywood (except container and packaging), qtrly. total:J
Shipments (market)
M sq. ft., surface measure..-
176,285
598
334
505
190
588
725
875
603
947
097
214,489
840
084
4°6
594
877
••226,618
920
134
119
853
693
050
518
769
666
062
230, 263
* Revised.
* Preliminary.
» Not entirely comparable with data prior to the month noted.
2 Not comparable with data through 1958; price is for boards, No. 3,1" x 12", R.L. (6'
and over).
9 Revisions for production for January 1955-July 1957 will be shown later.
©Revisions for lumber, all types (M bdft.): Fxports—May 1957, 68,170; January 1958, 50,574; imports (1957)—February, 206,716; July, 293,848; September, 263,301; December, 224,745.
^Revisions
for lumber production, shipments, stocks, and orders (1955-March 1959) and for plywood shipments (3d quarter 1953-lst quarter 1958) will be shown later.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
1959
SeptemNovem- DecemAugust
October
ber
ber
ber
July
January
February
March
490
286
320
20
504
300
423
19
7, 539
' 4, 334
'r 3, 205
7, 479
r
9, 232
p 7, 460
p 4, 381
p 3, 079
v 7, 435
p 9, 270
April
May
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, totalft
thous. of short tons. .
Scrap!
_do
Imports totaltj
do
Scrap
do
Iron and Steel Scrap
Production and receipts, total
thous. of short tons__
Home scrap produced
do
Purchased scrap received (net)
do
Consumption total
do
Stocks consumers' end of month
do
Ore
Iron ore (operations in all U. S. districts):
Mine production
thous. of long tons..
Shipments from mines
do
Im ports J
^o
U. S. and foreign ores and ore agglomerates:
Receipt0 at iron and steel plants*
Consumption ^t iron and steel plants*
Exports incl reexports*^
Stocks total end of month*
At mines
At furnace yards*
At U S docks*
do
do
do
do
do
do
do
Manganese (manganese content), general imports*}
thous of long tons
Pig Iron and Iron Manufactures
Pig iron:
Production (excl. blast furnace prod, of ferroalloys) f
thous of short tons
Consumption
do
Stocks (consumers' and suppliers'), end of month
thous of short tons
Prices:
Composite
dol. per long ton__
Basic (furnace)
do
Foundry, No 2, Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of month
thous of ''hort tons
Shipments total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of month.. .short tons__
Shipments total
do
For sale
do
Steel, Crude and Semimanufactures
Steel ingots and steel for castings:
Production.
_ _ .thous. of short tons. _
Percent of capacity cf
Index*.
1947-49 = 100.Steel castings:
Shipments total
short tons
For sale total
do
Railway specialties
do
Steel forgings (for sale):
Orders unfilled end of mo
thous. of short tons
Shipments total
do
Drop a n d upset
_ _ „ _ __
_do
Press and open hammer
do
Prices:
Composite, finished steel (carbon)
dol. perlb..
Steel billets, rerolling, carbon, f. o. b. mill
dol. per short tonStructural shapes (carbon), f. o. b. mill dol. per Ib
Steel scrap, No. 1 heavy melting:
Composite (5 markets)*
dol per long ton
Pittsburgh district
do
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale):©
Orders, unfilled, end of month
thousands
Shipments
do
Stocks, end of month. _ _ _
_
_ do .
Cans, metal, shipments (in terms of steel consumed),
total for sale and own uset,
short tonsFood
do
Nonfood _
_
do
Shipments for sale.
__ do
Closures (for glass containers), production J _ millionsCrowns, production
...
thousand gross
Steel products, net shipments:
Total (all grades)
thous. of short tons
Semifinished products
._
do _.
Structural shapes (heavy), steel piling
do
Plates
_
_ do -_
Rails and accessories _ . _ _
do
630
340
130
9
650
369
143
15
427
245
181
22
382
196
242
26
360
166
212
38
386
182
229
31
547
254
297
47
485
224
248
39
334
140
296
21
403
219
254
14
457
266
268
18
4,000
2, 358
1.641
3,841
9,239
4.208
2,527
1,681
4, 326
9,124
4,619
2,802
1,817
4,938
8,807
4,230
2,464
1,766
4,163
8,876
4,731
2,699
2,032
4,707
8,903
5,113
2,945
2,168
5,009
9,014
5,700
3,313
2,388
5,702
9,008
5,669
3, 151
2,518
5,380
9,300
5,867
3 382
2,485
5, 571
9,594
5,752
3,517
2,236
6, 020
9.331
6,176
3,640
2,536
6,337
9,181
2.997
1,534
1,736
5,439
5, 208
2,257
8,118
9,071
3,008
8,698
10, 503
2,951
8,665
9,977
2,854
9,026
9,944
2,863
8,576
10, 108
3,281
3,978
5,560
2,138
3,042
1,474
1,882
3,337
1,552
1,970
3,665
1,493
1,482
3,863
1,685
1,874
1,941
3,099
5, 934
6,161
6,217
10, 959
6, 674
12, 445
6,624
11, 769
7,419
12, 150
7,900
12, 645
9,128
9,324
9,262
3,948
9,588
3,164
9,828
3,046
9,699
3,543
11,512
5,852
11,540
83
298
468
698
605
505
420
157
35
47
43
r
24
54
61, 636
13, 693
43, 437
4,506
61 , 829
13, 993
43, 381
4,455
65, 232
12, 972
47, 667
4,593
69, 764
11, 170
53, 725
4,869
73, 332
9,858
58, 075
5,399
76 962
8, 950
62, 325
5,687
79, 217
7,518
65, 843
5,856
77, 151
5,935
65, 904
5,312
73, 347
7,505
60, 265
5,577
68, 134
9,063
53, 601
5,470
63, 621
11, 448
46, 944
5,229
56,800
13, 629
38, 602
4,569
32, 914
3,549
98
77
81
86
71
97
65
90
72
107
73
80
129
3,788
3,784
4,048
4,135
4.396
4,546
4,278
4,279
4,769
4,843
5 041
5, 068
5,836
5,868
5,907
5,813
6,025
5,958
6,212
6,283
6,147
6.303
7,462
' 7, 614
7,338
P 7, 452
4,032
3,923
3,831
3,851
3,757
3,740
3,784
3,882
3,964
3,895
3,692
r
3, 553
P 3, 438
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. 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
p 66. 00
P66. 50
582
807
457
570
820
472
573
868
542
580
792
466
614
802
514
645
917
538
620
993
587
602
958
505
608
998
509
1,002
1,037
47, 664
50, 695
29, 388
46, 603
48, 306
26, 656
48, 260
51, 882
31, 077
58, 340
41, 865
24, 479
55, 145
49, 252
29, 414
58, 405
56, 836
31, 999
63, 425
60, 981
40, 014
66, 725
63, 356
35,221
65, 904
68, 385
40, 041
77, 322
73, 186
43, 667
90, 291
74, 760
42, 093
5,533
6,301
7,127
6,442
7,308
7,632
8,840
8,569
8,711
9,317
9,603
11, 568
162.6
48
53
62
54
61
66
74
74
73
687
517
74
847
767
1,206
80.4
88.6
103.5
90.6
102.7
110.9
124.3
124.5
122.4
131.0
149.5
91, 464
69, 121
11, 956
87, 002
66, 086
10, 416
92, 861
71, 624
14, 185
68, 802
48, 618
5,400
80, 886
59, 816
8,021
85, 277
64, 586
9,205
95, 389
73, 367
12, 254
85, 267
65, 788
9, 648
103, 800
81, 360
13, 187
105, 392
82, 683
14, 408
110,280
86,013
14, 686
241.9
82.5
60.6
21.9
240.1
78.5
56.7
21.8
246.2
87.8
65.3
22.5
256.5
67.4
50.8
16.6
279.0
79.9
61.4
18.5
287.9
89 4
70.0
19.4
302.9
99.7
77.1
22.6
306.5
89.0
70.0
19.0
313.1
112.5
91.6
20.9
353. 3
112.9
90.7
22.3
392.0
112.7
91.5
21.2
P 1, 239
666
539
85
95, 822
84, 335 ~p~91~148
49,690
92
r
11, 282
*> 11, 600
M63. 9
163. 1
93
' 396. 1
' 128. 8
104. 1
24.7
r
401.5
134.9
107.2
27.7
.0677
.0677
.0677
.0677
.0695
.0697
.0697
.0698
.0698
.0698
.0698
.0698
.0698
92.50
.0594
92.50
.0594
92.50
.0594
95.00
.0617
95. 00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
P 95. 00
P . 0617
33.12
1 34. 00
32.36
32.00
34.69
36.00
36.02
36.00
41.81
43.50
41 77
42.50
41.48
i 43. 00
41.67
i 43. 00
39 81
42.00
2 40. 31
43.00
2 41. 86
43.00
41. 33
44.00
p35 16
P 37. 00
1,690
1,807
1,602
1,924
1,646
1,876
1,638
1,844
1,666
1,838
1,707
2 134
1,613
1,905
89
1,502
1,658
1,491
1,882
1.629
1,803
74
1,648
1,809
76
80
88
80
104
130
320, 902
178, 860
142, 042
263, 880
1,581
21, 462
365, 895
198, 463
167, 432
307, 083
1,444
23, 135
408, 778
222, 535
186, 243
352, 4C9
1,433
27, 713
477, 800
288, 590
189, 210
417, 980
1,365
29, 888
593, 158
418, 405
174, 7.*3
524, 133
1,422
23, 340
556, 406
392 306
164, 100
480, 502
1, 558
23, 298
449, 257
287, 594
161, 663
390, 800
1,653
24, 142
315, 759
183, 969
131, 790
272, 808
1,322
22, 354
288, 650
153, 086
135, 564
244, 427
1,279
18, 294
4,373
4,649
5,746
4,082
4,835
5; 386
6,225
5,187
5,512
178
337
401
105
193
388
404
104
232
448
502
109
120
295
321
51
176
349
398
69
220
352
394
54
246
399
461
68
246
352
452
58
248
387
500
69
314, 161 r 303, 782
179,875 r!74 170
134, 286 ' 129, 612
262, 953 ' 256, 424
1,426
«• 1, 437
24, 026
24, 633
6.186
248
360
509
56
6,524
270
410
558
123
93
131, 317 P 133, 613
103, 848
20, 086
92.50
.0594
87
65.95
2
.0698
2,068
2,017
340, 861
185, 424
155, 437
287, 082
1,570
26, 609
8 118
344
554
651
167
8,603
346
568
694
160
l
2
r Revised.
p Preliminary.
Nominal.
Not entirely comparable with composite through 1958; see note marked "*".
fRevised (beginning with the October 1958 SURVEY) to exclude data for ferroalloys; in 1957, such exports and imports averaged 5,490 tons and 34,200 tons per month, respectively. Pig-iron
production excludes blast-furnace production of ferromanganese and spiegel, averaging 80,300 tons per month in 1957.
*New series. Iron-ore receipts, consumption, and stocks at furnaces and at docks (compiled jointly by the American Iron Ore Association and the American Iron & Steel Institute) cover
ores originating in the U. S. and foreign countries. Data beginning 1956 will be shown later. Iron-ore exports and manganese imports are from the Bureau of the Census; general imports of
manganese cover ore, concentrates, manganiferous iron ore, manganese alloys, and metal. The steel index (AISI) is based on daily average Droduction, unweighted by grades of steel (FRB
index on p. S-2 is weighted); monthly data for 1929-58 appear on p. 28 of the May 1959 SURVEY. Composite scrap price (U. S. Department of Labor) represents the weighted average of
consumers' buying prices (including brokerage), delivered, at following markets: Pittsburgh district, Chicago, Philadelphia, Birmingham, Los Angeles (through 1958 only), San Francisco
(beginning 1959).
cf For 1959, percent of capacity is calculated on annual capacity as of Jan. 1, 1959, of 147,633,070 tons of steel; for 1958, as of Jan. 1, 1958 (140,742,570 tons).
©Beginning January 1957, data include light-type grease drums; see note marked "©" in September 1958 SURVEY. Figures for stocks not published after December 1958.
JRevisions for January 1956-February 1958 will be shown later.
SURVEY OF CURRENT BUSINESS
June 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-33
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments — Continued
Bars and tool steel, total
thous. of short tons__
Bars' Hot rolled (incl light shapes)
do
Reinforcin°'
do
Cold
finished
do _ _
Pipe and tubing
do
Wire and wire products
do
Tin mill products
do
Sheets and strip (incl electrical) total
do
Sheets- Hot rolled
do
Cold rolled
do
Fabricated structural steel:
Order" new (net)f
thous of short tons
Shipmentsf
do
Back^os' endofmontht
do
628
376
176
71
511
251
565
1,396
387
628
685
415
191
73
592
285
491
1, 508
437
661
906
542
274
85
740
354
522
1,932
574
852
587
344
175
63
513
197
514
1,484
414
675
719
455
180
79
567
252
560
1,744
474
800
810
518
193
94
561
263
633
2,102
617
965
887
594
184
102
625
283
917
2,338
687
1,074
821
559
152
102
533
251
157
2,317
653
1, 132
839
579
143
110
527
237
200
2,506
694
1,253
888
623
134
123
679
268
498
2,648
731
1,339
938
656
141
133
706
279
526
2,714
784
1,330
1,211
825
217
159
930
362
714
3,185
928
1,557
1,282
845
254
172
1,113
403
821
3,215
956
1,524
208
324
2,387
224
328
2,211
287
329
2,191
331
291
2,220
226
298
2,119
256
314
2,047
259
307
1,913
243
271
1,839
197
267
1,809
236
224
1,794
294
216
1,864
255
260
1,873
295
291
1,922
124, 999
24, 128
126, 327
22, 630
115, 326
20, 697
1 18, 541
20, 803
125, 416
22, 802
125, 939
26, 285
139,836
32, 513
140, 962
26, 738
152, 301 r 156, 700
31,017
29, 981
142, 116
29, 050
157, 189
155, 213
11, 283
2,073
14, 076
2,006
15, 127
2,126
27, 306
2,284
15, 077
2,574
46, 366
2,410
22, 132
2, 863
18, 768
2,866
12, 720
3,459
9,724
3,570
14, 233
4,390
14, 036
3,738
187, 390
.2610
183, 557
.2610
168, 096
.2610
152, 554 145, 205
. 2610
.2678
124,274
.2680
124, 202
.2680
138, 545 '•146, 086 ••175, 108 '183, 827
.2680
.2680
.2680
.2680
159, 177
.2680
131, 460
.2680
276.1
211.5
112.5
44.9
280.7
218. 1
115.7
44.1
302.5
228.6
118.4
40.7
300.2
229.7
118.8
38.8
301.1
213.4
110.0
45.0
374.7
231.2
119.3
52.8
347.7
254. 3
130.4
55.7
302.5
216.3
114.5
55.8
333.0
235.4
121.7
59.5
>• 359. 8
236.3
122.7
62.9
' 331. 6
* 231. 8
' 122. 7
62.8
84, 121
103, 689
75, 560
28, 129
19, 253
78, 413
107, 431
83, 091
24. 340
19, 349
68, 145
103, 197
78, 597
24, 600
18, 200
61, 200
94, 963
67, 912
27, 051
15, 131
67, 057
104, 630
73, 693
30, 937
18, 746
82, 988
114,662
82, 602
32, 060
16, 116
92, 140
121, 052
88, 564
32, 488
19, 060
94, 056
126,828
99, 594
27, 234
20, 265
94, 754
138, 576
108, 333
30, 243
17, 133
97, 102
127, 989
101, 990
25, 999
21, 298
87, 902 r 98, 152
120, 645 131, 808
95, 701 101, 426
24, 944
30, 382
21, 006
22, 680
98, 833
130, 217
102, 917
27, 300
26, 186
52, 627
14, 940
32, 258
9,575
58, 900
19, 558
33, 705
7,871
29, 414
4,223
34, 346
5, 172
28, 194
2,940
47, 798
11, 120
40, 803
4,453
43, 860
2, 862
37, 155
3,815
31, 544
5,027
27, 987
23, 920
91,946
375, 005
136, 679
.2425
43, 482
36, 746
85, 276
379,069
137, 508
.2430
25, 192
21, 232
108, 351
367, 381
137, 484
.2469
30, 326
26, 130
80, 114
360, 104
136, 432
.2567
43, 851
40, 551
116, 250
316, 448
118, 422
.2609
36, 618
32, 238
114,979
268, 726
110, 925
.2608
47, 284
43, 141
137,132
207,222
100,992
.2731
49, 577
44, 498
122,015
189,088
118,153
.2867
52, 329
24, 172
22, 992
25, 034
27, 921
45, 587
20, 571
19, 404
22, 196
20, 816
126,999 '125, 613 r 125, 654 '138,176 ^146, 564
181,848 181, 791 r 183, 452 r 181, 403 ^169, 249
126,651 126, 712 124, 553 r 123, 199 pl20, 233
.3103
.2864
.2962
.2858
.3130
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production primary domestic
short tons
Estimated recovery from scrap 0
__ do
Imports (general) :
Metal and alloys, crude
- - do__ _
Plates sheets etc J
do
Stocks, primary (at reduction plants), end of month*
short tons..
Price, primary ingot, 99.5%+
dol. per lb_.
Aluminum shipments:
Mill products and pig and ingot (net) J
mil. of Ib
Mill products total
do
Plate and sheet
do
Castings A
do
Copper:
Production:
Mine recoverable copperA
short tons
Refinery primary
do
From domestic ores
_ _ _
do
From foreign ores
do
Secondarv recovered as refined
do
Imports (general):
Refined unrefined scrap©t
do
Refined
do
Exports:
Refined scrap brass and bronze ingots
do Refined
do
Consumption refined (bv mills etc )
do
Stocks refined end of month total
do
Fabricators'
do
Price bars electrolvtic (N. V.)
dol. per Ib _
Copper-base mill and foundry products, shipments
(quarterly):
Bnss mill products
mil. of Ib
Copper wire mill products ©
do
Brass and bronze foundry products
do Lead :
Production:
Mine recoverable leadA
short tons
Secondarv estimated recoverable©
do
Imports (general) ore© metal
do
Consumption total
do
Stocks, end of month:
Producers', ore, base bullion, and in process©
(\BATS)
short tons
Refiners' (primary), refined and antimonial©
short tons_.
Consumers' total
-do
Scrap (lead-base, purchased), all consumers. _do
Price, pig, desilverized (N. Y.)
dol. per lb__
Tin:
Imports (for consumption) :
Ore©*
long tons
Bars pi^s etc
do
Fstimated recovery from scrap total©*
do
\s metal
do
Consumption pig total
do
Primary
do
25, 598
29, 811
53, 597
79, 400
24, 243
28, 266
59, 984
75, 800
22, 620
26. 586
50, 794
80, 000
20, 996
23, 563
35, 662
79, 500
19, 455
24, 864
39, 797
83, 000
19, 360
28, 651
53, 771
90, 200
31, 270
3,548
534
398
225
419
359
190
422
324
187
25, 343
3,516
20, 960
33, 341
36, 683
92, 500
22, 929
30, 192
34, 812
85, 900
21, 865
32, 307
51, 147
84, 300
.2680
390.0
272.9
150.8
.3116
r575
M05
r 240
23, 397
33, 771
34, 686
88, 400
21,262
21, 350
31, 845
24, 307
84, 200
r 21, 01 5
29,381
54, 882
85, 100
33, 596
117, 996
110, 238
110, 532
116, 016
113, 773
107, 844
93, 469
94, 003
101, 641
104, 835
96,902
103, 576
97, 799
142, 232
111, 599
42, 543
.1200
154, 105
119, 167
39, 211
.1171
162, 476
113,470
35, 310
.1122
164, 072
105, 085
36, 025
.1100
168, 495
101, 357
34, 864
.1086
169, 958
106, 692
31, 689
.1087
168, 654
117,519
36, 964
.1264
178, 551
118, 272
46, 351
.1300
197, 725
115, 992
54, 685
.1300
208, 218
118, 119
49, 218
.1267
214, 292
114, 639
40, 296
.1156
209, 827
123, 353
37, 388
.1141
.1119
1,279
3,173
1,450
286
6,000
3, 975
42
19, 655
.9298
2,037
2,621
1,600
220
5,775
3,830
42
18, 920
.9449
1,796
4, 510
1,860
325
5, 840
3,885
7
20, 480
.9462
45
2,153
1,650
360
5,765
3,955
179
22,025
.9489
1
3,558
1, 820
260
6,065
4,250
295
21, 820
.9494
0
3,655
1,710
300
6,380
4, 350
30
20, 690
.9401
115
4,232
2,025
340
6,940
4,710
148
20, 560
.9647
110
3.001
1,800
265
5,630
3,650
69
20, 065
.9896
94
4,227
1,850
330
6, 135
4, 115
205
20, 980
.9897
3,416
2, 989
48
4,374
1,880
235
6,785
4,245
103
22, 425
1. 0271
54
4,662
1,955
255
7,510
4,700
153
21, 755
1. 0303
r 1, 950
260
6.860
4,490
112
21, 160
.9935
.1190
18
4,214
110
Stocks, pig (industrial), end of month
do
1.0250
1. 0304
Price, pig, Straits (N. Y.), prompt
dol. per lb__
Zinc:
37, 519
35, 709 r 36, 422
32, 452
32, 391 32, 003 35, 436
30, 209
28, 776
33, 102
29, 300
35, 675
Mine production, recoverable zincA
short tons.. 39, 677
Imports (general):!
48, 955
51, 165 36, 892
48, 083 50, 182
23, 998 32, 956
34, 915
42, 090
43, 320 35, 499
26, 312 31, 222
Ores and concentrates©
do
6,506
16, 006
6,807
14, 951
18, 670
12, 790
18, 320
13, 554
20, 898
11, 864
24, 178
13, 304
16, 872
Metal (slab blocks)
do
Slab zinc:
Production (primary smelter), from domestic and
74, 750
65, 888
61, 052
71, 101 71, 336
58, 992 61,024
58, 461
66, 572
61, 051
67, 167
63, 551
foreign ores
short tons
5,145
4,122
5, 168
5,286
4,402
4,280
4,713
3,642
4,466
4,068
3,416
3,851
Secondary (redistilled) production, total
do
87, 394
79, 506
75, 202
77, 010
78, 982
82, 819
75, 022
70, 033
60, 007
58, 432
68, 590
61, 907
Consumption fabricators' total
do
350
183
746
161
2
281
433
1
16
136
10
79
10
Exports
- do
Stocks, end of month:
221, 171 240, 670 252, 979 257, 911 251, 529 238, 116 210, 176 191, 744 190, 237 195, 777 200, 461 206, 083 203, 863 196, 004
Producers', smelter (AZI)
do
89, 261 85, 080 ' 83, 420 79, 137
74, 316
81, 570
62, 278
63, 484
62, 959
71, 820
70, 224
63, 398
.1100
.1100
. 1100
.1142
.1150
. 1150
.1137
.1000
.1000
.1084
.1000
.1000
. 1000
Price, prime Western (St. Louis)
dol. per lb-_ .1000
Zinc oxide (zinc content of ore and concentrates
7,421
8,398
9,093
7,942
8,096
8,126
7,800
6,376
6, 879
6,070
6,041
8,935
8,038
used in production)
short tons__
r
Revised.
*> Preliminary.
fData for 1947-57 have been revised to incorporate adjustments to materials from the 1954 Census of Manufactures; revisions appear on p. 19 of the November 1958 SURVEY.
©Basic metal content.
J Revisions for 1957 will be shown later.
ARevisions for aluminum castings (1955) and copper, lead, and zinc mine production (1956) will be shown later.
*New series. Source: U. S. Department of the Interior, Bureau of Mines, except imports of tin ore (Bureau of the Census). Tin recovery data represent total secondary tin recovered from
scrap processed in the United States. The total includes tin recovered in all forms covering alloys, solder, type metal, babbitt, etc., as well as in metal (secondary pig tin and remelt tin) which
is shown separately. Data in 1957 BUSINESS STATISTICS represent total production (both primary and secondary).
SURVEY OF CTJRKENT BUSINESS
S-34
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
July
1959
August SeptemOctober
ber
Novem- December
ber
January
February
March
1,415
4,234
1,713
4,596
47, 409 ' 44, 656
r 37, 693
43,350
43, 765
46, 302
April
May
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
Shipments
thous of SQ ft of radiation
Stocks end of month
do
Oi]burners:t
Shipments
number
Stocks end of month
do
Stoves and ranges, domestic cooking, incl. built-insrtO
Shipments total
number
Ooal and wood
do
Gas (incl. bungalow and combination) JO do
Stoves, domestic heating, shipments, totalt© — .do
Ooal and wood
do
Gas©
do
Kerosene gasoline and fuel oil
do
Warm-air furnaces (forced -air and gravity air-flow),
shipments totalj©
number
Gas
do
Oil
do
Solid fuel
do
1,361
4,807
1,135
5,403
1,440
5,769
1,457
5,300
2,095
4,950
2,643
4,097
2, 765
3,355
1,775
3,182
1,253
3,182
33, 073
40, 840
49, 881
48, 403
52, 485
45, 047
47, 782
58, 921
41, 968
74,611
35. 265
79, 000
30, 413
51, 765
30, 788
40,695
32, 434
52, 440
Industrial trucks (electric), shipments:
JTand (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
Other machinery and equipment, quarterly shipments:
Construction machinery (selected types), total 9*
thous. of doL -
156,714
2,924
147,263
6,527
164,754
3,648
155,860
5,246
137,910
3,668
129,262
4,980
168,803
4,489
157,436
6,878
194,890
5, 659
182,546
6,685
224,902
5,616
211,904
7,382
181, 527
3, 985
171, 096
6, 446
189, 567 ' 158, 506 162, 707 181, 751
4,367
3,949
4,159
3,490
180, 903 148, 799 ' 152, 432 171, 483
5,340
6,326
4,445
6,778
100, 038
11, 632
61, 214
27, 192
97, 378
12, 375
63, 702
21, 301
145, 234
17, 334
98, 481
29, 419
202, 594
24, 720
131, 441
46, 433
263, 185
35, 013
175, 457
52, 715
333, 778
58, 129
218,012
57, 637
367,117
61, 183
243,032
62, 902
200, 988
29, 482
141, 479
30, 027
132, 444
16, 430
90, 421
25. 593
99, 516
9,762
52, 705
37, 049
100, 696
9,499
55, 545
35, 652
132, 066
12, 689
73, 051
46, 326
71, 992
50, 808
19, 314
1,870
218, 673
79, 758
56, 373
21, 802
1,583
205, 764
98, 608
69, 800
26, 044
2,764
226, 886
94, 064
65, 254
25, 941
2,869
217, 383
124, 199
85, 356
34, 911
3,932
211, 634
153,269
103, 852
43, 818
5,599
224. 691
145,350
100,103
40, 100
5,147
254, 743
114, 726
81, 070
30, 179
3,477
193, 146
90, 952
65, 789
22, 932
2,231
203, 977
89, 053
64, 128
22, 821
2,104
252, 913
86, 317
63, 462
20,999
1,856
246, 716
94,688
69, 977
22,934
1,777
252, 612
32, 765
19, 247
30, 151
20, 915
29 358
21,160
88.7
136.1
87.7
77.9
74.1
64.5
118.9
83.3
137. 0
127.4
237.1
166.6
154.2
879
2,248
709
-488
979
1,344
1.217
3, 578
1,177
2,010
1,119
771
908
854
777
3,874
1, 578
1,887
891
2,178
919
1,921
945
3,342
1,230
6,924
456
373
415
325
353
277
453
353
233
211
385
294
467
295
426
238
429
385
361
270
282
206
426
266
1,563
1,365
1,324
1,134
1,182
1,510
1,368
1,407
1,501
1,472
1,429
1, 897
28.30
20.85
50.90
44.20
2.6
28.05
23.85
50.10
41.70
2.5
32.10
24.30
45.50
38.90
2.5
26.55
21.95
29.70
24.50
2.7
28.30
23.20
29.80
24.95
2.8
28. 10
24.65
34.90
29.65
2.9
37.00
32.00
41. 40
35.90
3.0
30.70
26.85
33.65
27.45
3.0
43.90
34.75
43.95
37.80
3.1
41.05
35.10
31.30
25.80
3.4
45.40
40.05
36. 05
29.85
3.8
" 51. 55
' 46. 70
r 45. 75
*• 39. 40
'3.9
20,502
2
23,626
229, 115
2
47, 775
2 58, 248
Tractors, wheel (contractors' off-highway) __ do
Tractor shovel loaders, integral units only (wheel
Farm machines and equipment (selected products),
Tractors, wheel (excl. garden and contractors' offPumps (steam, power, centrifugal, and rotary), new
orders.
._
thous. of dol
r
155,466
2,764
148,341
4,361
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans, new orclersQ
thous. of doL.
Foundry equipment (new), new orders, net
mo. avg. shipments, 1947-49=100Furnaces, industrial, new orders, net:
Electric processing
thous . of d ol _
Fuel-fired (except for hot rolling steel)
do
1,446
3,791
286,035
91, 405
28, 387
252,200
79, 490
26, 682
169, 394
46, 008
15, 708
48, 380
40, 797
34, 974
255, 689
193,590
137, 112
134, 940
108, 625
116, 525 2 44, 863
5,313
6,728
5,467
5,088
5,663
5,864
5,411
4,414
5,200
4,972
5,460
1,242
1,454
1,773
2,101
2,333
2,704
2,976
2,262
3,041
2,672
1,791
95.6
106
96.0
121
116.8
140
98.5
145
81.4
152
121.8
155
135.5
173
129.4
184
143.9
180
120.8
150
134.6
177
247.3
224.9
697.3
302.6
218.8
263.0
654.8
267.0
253.1
288.8
3 774. 4
3 377. 1
263.8
277.3
621.5
275. 0
280.2
299.6
326.8
423.1
1, 028. 9 31,572.0
507.5 3 621. 7
339. 1
404.1
1,322. 2
495.6
293.6
333.0
1, 545. 6
437.8
317.0
330.5
31,525.7
3 414. 9
242.5
288.5
1,124. 7
437.0
271.4
297.8
1, 125. 4
459. 5
107.0
1,362
27, 549
104.0
1,188
30, 762
107.0
1,154
41,033
90.0
1,015
32, 941
135.0
1,829
34, 318
122.0
1,519
30, 196
124.0
1,565
27, 468
130.0
1,847
34, 764
138. 0
1,776
26, 789
p 53. 45
p 47. 05
p 45. 10
p 38. 20
*3.9
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
thousandsHousehold electrical appliances:
Ranges (incl. built-ins), domestic and export sales*
thousand s_.
Refrigeration, output (seas, adj.)©
1947-49=100-Vacuum cleaners (standard type), sales billed
thousands _ _
Washers, sales billed (domestic and export) 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, shipments. .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:f
New orders, gross
thous. of dol__
Billings
do
Direct current motors and generators, 1-200 hp:f
New orders, gross
thous. of dol_.
Billings
_ do_
106.0
1,147
36, 383
124.0
1,509
40, 987
r
1, 376
1,437
172.6
164
136.1
158
317.4
346.6
274.4
329.7
31,347.6 -•1,040.2 p 1,038. 7
3 494.0 ' 389. 3
p 429. 9
152.0
1,945
25, 856
140.0
144.0
155.0
37, 077
34, 817
36, 988
33, 580
37, 637
35, 742
41, 089
38, 188
2 14, 465
5, 420
5, 881
5,338
4 916
5,657
6,294
8,271
5,169
2 2, 419
T
2
Revised, p Preliminary.
Data are for month shown.
3 Represents 5 weeks' production.
^Beginning January 1959, industry estimates are based on revised inflating factors and are not strictly comparable with earlier data
©Revisions will be shown later; see note in September 1958 SURVEY for period affected.
9 Includes data not shown separately.
D Excludes oil-fired unit heaters
/A , (:)Kevlsed. to include data for built-in gas-fired oven-broiler units beginning January 1958; shipments of cooking tops (for use with the ovens), not included in figures above are as follows
(4-burner-equivalentve
units
1
:
1959-January,
18,900;
February,
20,000;
March,
24,600.
QBeginning
1958,
data
reflect
^classification
of
items
covered; see not^l) in May 1959 SURVEY
not ^nlso °t ? ^l a i pnl 1958 SuRVEY » to include the metal-forming types; comparable data for 1956 will be shown later, cf Data exclude shipments of farm elevators and blowers;
*New series. Beginning 1st quarter 1958, construction machinery figures (Bureau of the Census} cover, in addition to excavating and earthmoving equipment (described in the 1957 edition
of BUSINESS STATISTICS), shipments of tractors (shown separately) , mixers, pavers, portable crushing, screening, and combination plants, etc.; comparable data prior to 1958 are not available
Jiilectric range data, (National Electrical Manufacturers Association) represent estimated industry totals based on member reports which account for approximately 85 to 90 percent of the total
industry; monthly data back to January 1956 will be shown later..
• A d i j S f n e d be£innmS with the October 1958 SURVEY to include export sales. Data exclude sales of combination washer-dryer machines. Such sales (excluding exports) totaled 11,000 units
in April i9oy.
in^n Radio Production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for June, September and December 1958 and March
1959 cover 5 weeks; all other months, 4 weeks.
^Data for induction motors cover from 25 to 27 companies; for d. c. motors and generators, from 14 to 20 companies.
SURVEY OF CURRENT BUSINESS
June 1959
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
1, 508
281
108
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, totalt
thous. of short tons_.
Industrial consumption, total §t
-- do. __
Electric-power utilities
do
Oven-coket . do __
Beehive coke ovens
do
Steel and rolling mills §
do
Cement mills §_ __
do_- _
Other mfg and mining industries §
do
Railroads (class I)
. do __
Bunker fuel (foreign and lake vessel) §. . ..do
Retail deliveries to other consumers §
do
Stocks, industrial and retail dealers', end of month,
total §f
thous. of short tons__
Industrial, total §t
do
Electric-power utilities
___ do _ _
Oven -coke plantst
- do
Steel and rolling mills §
do
Cement mills
do
Other industrials
do
Railroads (class I)
do___
Retail dealers
do
Exportsf
- do -_
Prices:
Retail, composite .
_ dol. per short ton. _
Wholesale:
Screenings, indust. use, f. o. b. car at mine.. do
Domestic, large sizes, f o. b car at mine
do _
COKE
Production:
Beehivef
thous of short tons
Oven (byproduct) f _
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, oven foundry coke
(merchant plants), f. o. b.
1
Birmingham, Ala.d" . _ _
dol. per short ton__
1,571
283
117
1,639
341
190
1,995
366
232
1,400
395
139
1,779
446
158
2,084
501
235
1,999
527
252
1, 585
580
198
2, 324
406
192
2,194
329
181
1,557
298
166
28.21
13. 279
27.66
13. 279
27.63
13. 279
27.76
13. 685
27.76
13. 685
27.80
13. 951
27.95
14. 343
28.13
14. 413
28.14
14. 413
28.26
14. 413
28.81
14. 966
30, 017
30, 662
34, 155
23, 944
33, 952
36, 450
39, 686
34, 399
39, 352
35, 730
33, 760
' 34, 820 34, 4<)0
27, 130
24, 932
11,290
5, 446
60
583
629
6, 556
26, 044
24, 477
11,012
5, 555
65
559
700
6, 150
25, 650
24, 199
11,183
5, 577
78
48fi
718
5, 806
26, 278
24, 824
11, 821
5,641
54
438
729
5, 829
28, 204
26, 141
12, 381
6,118
68
466
673
6,097
29, 473
26, 647
12, 087
6,350
94
472
683
6,609
32, 456
29. 028
13, 094
7,207
105
538
735
6, 931
32, 319
29, 251
13, 265
7.393
110
575
682
6,833
36, 504
32, 604
15, 715
7,744
128
830
760
7,000
36, 687
32, 643
15, 907
7,864
140
808
645
6,937
33, 312
29, 761
14,002
7,784
149
768
591
6,160
r
320
48
276
160
227
124
191
121
197
141
215
137
281
137
282
111
363
64
339
3
304
3
286
4
241
58
2,198
1,567
1,451
1,454
2,063
2,826
3,428
3,068
3,900
4,044
3, 551
2,802
1, 634
71, 296
70, 749
45, 662
11, 782
621
1,060
11,074
550
72, 613
71, 931
47, 296
11, 585
613
1,073
10, 853
511
74, 646
73, 789
48, 670
11,784
680
1,144
11,016
495
71, 144
70, 217
47, 290
10, 040
540
1,093
10, 840
414
72, 256
71, 256
48, 041
10,119
561
1,120
11,013
402
74, 020
73, 003
49, 508
10, 523
609
1,212
10, 749
402
77, 807
76, 745
50, 653
11, 666
606
1, 329
12, 082
409
77, 212
76, 123
50, 326
12, 336
704
1,424
10, 946
387
76, 285
75, 339
48, 752
12, 957
778
1, 495
11,012
345
71, 203
70, 450
45, 121
12,128
685
1,331
10, 825
360
69, 167
68, 512
43, 024
11,852
658
1,209
11,420
349
' 65, 868
' 65, 349
41, 939
' 11, 684
607
1,052
9,730
337
65, 739
65, 254
42, 292
11, 569
610
1, 030
9.477
276
* 1, 503
329
79
28. 75
28.80
' 14. 763 P 13. 396
547
682
857
927
1,000
1,017
1,062
1,089
946
753
655
519
485
4,351
4,828
4,386
5,484
4,626
4,510
4,086
2,920
3,142
2,288
2,824
3,148
16.63
16.18
16.16
16.28
16.31
16.60
16.49
16.81
16.83
16.98
16.99
5.449
7.154
5.443
7.122
5. 385
7.247
5.325
7.569
5. 326
7.659
5.329
7.784
5.291
7.822
5.280
7.841
5.332
8.013
5.334
8.013
34
3,802
627
36
3,862
665
45
3,889
593
29
3,928
638
39
4,276
637
55
4,450
604
62
5,046
665
64
5,176
647
77
5,431
687
82
5,533
683
'92
5,437
636
3,721
2,479
1,243
669
16
3,886
2,580
1,306
728
25
3,877
2,531
1,346
725
30
3,983
2, 585
1, 398
795
48
4,007
2,588
1, 419
821
25
3,993
2,577
1,416
845
28
3,896
2,507
1,389
882
42
3,882
2,482
1,400
931
42
3,815
2,411
1,404
964
33
3,793
2,366
1,427
995
29
28.85
28.85
28.85
28.85
28.85
28.85
28.85
28.85
28.85
1,624
188, 631
79
215, 657
2,160
193, 215
82
229, 754
1,980
190, 240
83
225, 803
2,251
203, 700
84
234, 164
1,842
215, 114
86
242, 537
2,112
212, 972
85
232, 884
2,388
216, 304
84
238, 695
2,383
209, 518
84
233, 279
273, 959
76, 981
176, 112
20, 866
263, 105
72, 351
169, 908
20, 846
253, 550
71,419
161, 373
20, 758
246, 556
70, 356
156, 037
20,163
244, 810
68, 692
154, 943
21, 175
251, 701
69, 906
160, 914
20,881
255, 345
69, 932
164, 563
20, 850
257, 546
69, 008
166, 992
21, 546
34, 920
30, 917
34, 752
29, 283
»• 31, 950
12, 632
14, 400
' 8, 861 8, 613
•>53
'229
645
756
693
717
6,148
6, 697
4,412
5.449
7.182
1.3S8
17.00
16.94
5. 341
* 7. 775
po.209
p 7. 363
-•137
6, 262
736
153
6,074
3,709
2,274
1,435
1,041
31
' 3, 587
2,158
1,429
1,094
33
3,423
2,042
1,381
29.23
30.35
30.35
30.35
2,338
221, 210
86
246, 781
2,427
223, 926
88
255, 124
1,853
201, 435
87
227, 562
1,995
222, 839
88
254, 422
262, 730
69, 568
172, 458
20, 704
258, 108
69, 136
168, 227
20,745
260, 040
71, 466
167, 288
21, 286
254, 940
71,606
162, 216
21,118
r
r
*
~~
35
30.35
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
643
Exports
do
216
503
334
308
170
275
352
330
230
74
178
97
Imports
do
27, 608
34, 460
31, 613
32, 056
31, 182
33, 645
34, 320
31, 568
35, 415
31, 168
25,040
32, 681
33, 420
3.07
3.07
3.07
Price (Oklahoma-Kansas) at wells.
dol. per bbl_3.07
3.07
3.07
3.07
3.07
2.97
2.97
3.07
2.97
Refined petroleum products:
Fuel oil:
Production :
47, 032
Distillate fuel oil. .
thous. of bbl.
48, 342
50, 723
51, 145
52, 878
54,364
53, 506
56, 372
61, 610
60, 595
66, 124
60, 458
28, 412
Residual fuel oil
do
27, 346
28, 537
30, 407
29, 789
29, 361
29, 197
34, 246
32, 569
34, 622
29, 738
31, 493
Domestic demand:
32, 135
46, 221
36, 864
37,290
47, 319
38, 056
31, 915
Distillate fuel oil t
do
97, 574
57, 010
95, 234
67, 218
74, 102
34, 064
41, 491
35, 816
38, 118
39, 019
Residual fuel oil t
do ..
45, 049
37, 070
44, 642
62, 799
59, 281
62, 940
57, 436
Consumption by type of consumer:
4,784
Electric-power plants t
do
5, 343
5,017
6, 102
9,221
6,435
6,567
6,953
7,181
7, 578
9,974
8,578
8,851
7,034
Railways (class I)
_
do__ _
6, 918
6, 665
7,621
7,185
7,366
7,389
8,554
8,713
7,777
7,440
7,491
6,629
Vessels (bunker oil)
.
_
do _ _
7,351
7,130
6,861
6,647
6,564
7,482
7,246
6,148
7,044
' 5, 934 6,889
Stocks, end of month:
76, 239
Distillate fuel oil
do
89, 160 105,311 119,437 139,862 155, 412 164, 686 161, 192 125, 101
80, 662
96, 849
84, 071
57, 975
Residual fuel oil _
. . .
_ do __
63, 864
61, 589
66, 457
67, 230
67, 670
67, 045
66, 223
59, ,508
57, 210
55, 214
54, 178
Exports:
Distillate fuel oil . .
do
1,138
1, 436
1,057
1,910
1,757
1,395
1,119
894
1,830
1,236
730
1,416
875
Residual fuel oil
do
1,952
2, 552
1,218
2,163
1,805
2,738
2,341
2,892
2,042
1,675
1,940
2,379
2,006
Prices, wholesale:
.093
.093
Distillate (N. Y. Harbor, No. 2fuel)..dol. per gal. .
.093
.093
.096
.099
.099
.104
.099
.107
.112
.112
1.20
Residual (Okla., No. 6 fuel)
dol. per bbl1.20
1.20
1.20
1.30
1.30
1.50
1.90
1.40
1.60
1.70
1.90
Kerosene:
Production
thous. of bbl._
8,102
6, 978
8,202
7,036
6,984
8,544
10, 500
9,778
11, 593
9,484
12,978
11, 686
6,091
4,278
5,272
4,379
5, 538
Domestic demandf
do
6,031
10, 114
9,008
17, 616
10, 693
17, 997
13.113
i
Stocks, end of month___
___do
24, 167
18, 729
25, 655
21, 437
28, 662
32, 120
31, 259
31, 877
26, 040
18, 688
21,090
19; 725
Exports.. _
.
_
.
. do _ _
58
56
73
44
29
51
57
261
231
137
29
25
25
Price, wholesale, bulk lots (New York Harbor)
dol. per gal. _
.098
.098
.098
.104
.098
.101
.104
.104
.112
.109
.117
.117
T
Revised.
? Preliminary.
fRevisions will be published later for indicated item 3 as follow s: Bitum nous-coa] consurnp tion (Jamlary-Augi ist 1957); )itumino us stocks ( February , May, and Octobei* 1957) ; bituminous
exports (1957-January 1958), beehive- and oven-coke pro duction ( 1956) ; oil wells com pleted, cr ude prodi ction, an I refined Detroleurri product,3 (Januaryf-Septeml 3er 1957) .
§Data for total industrial consumption, retail deliv eries, tota 1 industri al and ret ail stocks , and for the indica ted comp onents ha ve been r evised to new benc hmarks; Bunker fuel figures
now include fuel on lake vessels. Revisions for consum]3tion and retail deli veries are available on aiinua 1 basis frc m 1933 forward an 1 on men thly basis beginnin g January 1954; revisions for
stocks begin with January 1957 (earlier figures for affect ed items ilot strictl y compare Jble).
9 Includes nonmark etnble cat alyst cok B.
cf Substituted series (averages of weekly quotations from Ste tl magaziile) ; data iDrior to M:ay 1957 \vill be sho wn later.
SURVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
June 1959
1958
April
May
June
July
1959
DecemOctober NovemAugust September
ber
ber
January
February
4, 360
3, 504
3, 941
March
April
May
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
Production
thous of bbl
Domestic demand f
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 totalf
thous of bbl
Gasoline and naphtha from crude oil
do
Natural-gas liquids:
Used at refineries (incl benzol)
do
Used in other gasoline blends etcf
do
Domestic demandf
Stocks, end of month:
Finished gasoline
At refineries
Unfinished gasoline
Natural-gas liquids
10, 659
818
4,397
3,303
10, 574
1, 126
4, 564
3, 520
10, 215
1, 356
4,162
3, 362
10, 037
933
4,519
3, 183
11 Oil
1,167
.230
.230
.230
.230
.230
.230
.230
107, 685
95 074
115, 109
102 562
116, 865
104, 008
126, 213
112, 228
127, 787
113, 352
120, 010
106. 005
11, 680
931
11, 164
1 383
11, 594
1, 263
12, 285
1, 700
13, 179
1, 256
do
118, 477
125, 137
125, 444
130,903
do
do
do
do
194, 869
107 779
11,471
175, 465
90, 977
10, 811
23, 856
169,709
16 993
183, 486
98 503
11, 702
20, 752
'-24,210
1,996
1,535
1,262
.113
.110
.115
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 tot^l
thou^ of bbl
100-octa~np and above
do
Stocks end of month total
do
100-octane and above
do
Jet fuel:
Production
do
Domestic demandf
do
Stocks, end of month
do
Asphalt:©
Production
do
Stocks, refinery, end of month
do
Wax:0
Production
do
Stocks refinery end of month
do
Asphalt and tar products, shipments:
Asphalt roofing total
thous of squares
Roll roofing and cap sheet
do_ _ _
Shingles, all types
do
Asphalt siding
Insulated sidingd*
Asphalt board products
Saturated felts
4,224
3,708
11 090
1,141
_
___do_- _
do
thous of sq ft
short tons.
4, 065
2,997
4,325
3,529
4, 313
3,498
4, 682
3,440
4, 652
3,799
9,407
2,746
9 B87
932
9,494
1,002
9 728
913
.2^0
.230
.230
.230
.230
121, 539
106, 990
120, 877
106, 477
128, 537
127, 508
113,841
111,523
126, 219
113,890
99, 177
112,060
13, 323
682
13,912
14, 355
45
14, 612
29
11,941
11,114
12, 884
1,275
129, 925
120, 389
125, 097
110, 587
120, 305
114,720
99, 759
118, 995
166, 131
85 118
165, 888
81, 632
12, 686
27, 349
174, 526
94 378
12, 234
22 752
11,603
18, 008
197, 468
106 853
12, 899
17 651
204, 648
11.220
157, 576
79, 229
12, 544
27, 894
187, 472
99, 875
26, 182
164, 375
82, 878
10, 962
27, 437
1,874
1,818
1,589
1,807
1, 904
1,587
1,110
1,236
941
.115
.120
.120
.120
.116
.116
.115
. 115
.120
87, 458
10, 996
9, 765
1,209
637
9, 412
1,116
1,726
1 232
1,135
111,274
13. 964
19. 524
.215
.214
.214
.222
.221
.215
.211
.204
.206
.210
.211
.213
9,508
6,955
9,625
6,448
9,998
6,956
11,024
12, 127
11, 142
10, 843
10, 464
10, 269
8, 120
11, 180
7,186
10, 564
10, 778
11, 476
9 979
6,617
14 437
11,845
8,842
10, 183
6, 570
10, 690
7, 612
12, 300
8,490
8,763
6,551
7,061
5,804
6,982
8,121
5,871
6,218
7,100
5,184
6,112
8, 086
6,145
6,558
9,678
5,373
7,958
7,568
7,879
9,384
6,949
8,416
8,973
8,455
8,043
13, 628
7,891
12, 712
7,597
12, 273
7,591
6,556
8,839
6,506
6,780
5,494
6,480
8,890
5,752
6,314
8,278
6,004
7,260
6,253
8,451
15, 465
9,895
13, 953
10, 189
12, 294
10, 785
10, 256
10, 352
15, 698
436
721
425
735
445
743
390
692
422
699
475
708
455
665
6,367
3,533
4,981
6,603
3,087
2, 352
4, 015
6,209
2,234
3,974
83
131
1,648
88, 261
92
157
1,582
103, 428
92
167
1, 953
93, 855
5,174
2, 087
5, 697
2, 1P4
90
178
2,373
75, 826
6,846
8,684
8,696
7,077
7,351
7,964
7,308
7,599
7,677
13, 186
8,286
1,650
.211
7,203
6,499
4,524
9,757
4,510
11, 252
12, 726
14, 270
474
733
456
712
499
714
408
683
466
684
3,365
1,221
2,144
6,950
2,524
4,426
110
107
1,484
120, 966
80, 148
4,379
6,096
2,486
5,880
2,377
3,503
3,864
1,472
2,391
2,391
851
1, 540
2,698
3,611
110
169
1,926
109 794
114
197
1,925
86, 761
132
188
1,842
81, 137
'97
113
1,153
65, 787
59
68
1,058
54, 392
54
76
950
58,927
67
69
1,094
66, 678
1,029
1,669
.212
14, 884
6,257
2,811
4, 696
7.507
1,358
6,769
3,985
1,379
2,606
53
143
2,206
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
_ _
Stocks, end of month
Waste paper:
Consumption
Stocks, end of month
thous of cords (128 cu. ft.)
do
_
_ _
do
_
__thous. of short tonsdo
WOOD PULP
Production:
Total all grades
thous of short
Dissolving and special alpha
_
__
Sulfate _
Sulfite
tons
do
do
do
Groundwood
do __
Defibrated or exploded
do
Soda, semichem., screenings, damaged, etc do
Stocks, end of month:
Total, all mills
do
Pulp mills
do
Paper and board mills
do
Non paper mills
do
2,394
2,846
6,226
2,568
2,840
5,953
2,632
2,788
5,810
2,646
2,640
5,793
3,153
2,994
5,995
3,043
2,934
6,120
3,407
3,388
6,103
2,841
3,047
5,932
2,839
2,813
5,937
3, 174
3,165
5,931
2,962
2,942
5,952
r
3,040
'r 3, 255
5, 740
2,807
3,273
5,295
711.2
507.0
726.0
489.2
723.7
476.7
686.6
488.4
781.0
445.6
785.2
429.4
805.4
436.9
719.2
439.9
692.5
464.2
712.9
463.4
745.9
449.5
794.4
455.8
786.8
471.5
1, 731 4
65.4
970.1
208 9
1, 741. 6
75.9
962.8
195. 5
1,729.2
79.7
964.0
189.9
1,629. 6
64.9
919.3
166.7
1, 873. 8
75.7
1, 083. 6
182.7
1, 822. 6
72.1
1, 034. 3
189.1
2 081 6
88.4
1, 205. 4
223 5
1, 908. 2
84.7
1, 109. 5
197.7
1, 754 3
77.7
981.6
194 0
1,961 0
93.8
1,111.3
207 1
243. 5
84.4
159.1
252 9
93.5
160.9
235.0
95.9
164.8
222.9
96.7
159.1
243.1
101.8
186.9
234.5
102.8
189.9
258.3
104.8
201.4
237.5
93.8
184.9
235.0
93.1
172.8
265.5
98 0
185.3
243.4
91 8
181.5
919 6
276.5
547 4
95.7
929 5
283.5
550 8
95.2
944.4
293.1
560 2
91.2
912.4
276.0
550.6
85.9
883.8
265. 6
537. 4
80.8
873.3
258.9
533 3
81.1
888 8
272.0
533 8
82.9
886.8
273.9
528 3
84.6
886
254
546
85
906
271
552
82
900
272
548
79
7
8
0
9
6
1
7
8
1 836 1 2 039 6
90.2
94.4
1,044 8 1, 153 7
184 3
213 0
4
5
3
6
r
T
2 046 6
90 0
1 169 6
210 6
264.0
109 0
205.4
265.1
106 0
205.3
924 1
298 2
546 6
79 3
915 0
289 3
547 0
78 7
Exports, all grades, total
_ _ _
Dissolving and special alpha
All other...
_ do
do .__
do
42.7
16.5
26.2
41.7
19.6
22.1
47.4
22.4
25.0
40.8
16.3
24.6
35.8
16.2
19.5
38.8
14.2
24.6
41.1
22.0
19.1
46.9
17.0
30.0
40 3
18 8
21 5
53.1
22.1
30.9
43 0
22 1
20 8
47 9
27 0
20 9
52 7
20 5
32 3
Imports, all grades, total __.
Dissolving and special alpha
All other
_
do_ _
do
_ do. _
167.4
87
158.6
151.1
6.5
144.6
185.6
10.2
175.4
174.5
11.6
162.9
159.6
12.8
146.8
193.6
15 3
178.3
199.4
14 9
184.5
198.3
12 4
185 9
198 5
15 3
183 1
215.9
11 4
204.5
186 1
12 4
173 7
180 3
12 4
167 9
213 7
15 9
197 8
_ _ _
PAPER AND PAPER PRODUCTS
All paper and board mills, production:
Paper and board, total
thous. of short tons. _ r 2, 498
2,653
2,355
2,700
2,518
2,504
2,914
2,640
2,513
2,912
2,621 r 2, 867
2,707
Paper
do
1,149
*r 1, 136
1,091
1,149
1,116
1,018
1,108
1,253
1 125
1 213
1 239
1 145
1 270
Paperboard
_
_ do
1,111
1,249
1,237
1,072
1, 142
1 260
1,150
1 362
1 151
1 239
1 222 T \ 335 1 341
11
11
11
12
12
13
11
Wet-machine board
do
14
10
10
12
12
13
239
276
278
252
Construction paper and board
do
257
243
255
285
225
243
243
288
'281
r
Revised.
r> Preliminary.
1 New basis effective July 1958; not strictly comparable with earlier data.
fRevisions for 1957 will be published later for indicated items as follows: Lubricants (January, March, April, June, August, and September); gasoline (January-September); jet fuel (January-May and September).
©Asphalt—5.5 bbl. = l short ton; wax—1 bbl.=280Ib
cfData prior to 1957 will be published later.
SUEVEY OF CURRENT BUSINESS
June 1959
S-37
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
May
April
June
July
1959
Novem- DecemSeptemAugust
October
ber
ber
ber
January
February
March
April
May
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Continued
Paper, exel. building paper, newsprint, and paperboard
(American Paper and Pulp Association):!
Orders, new 9
thous. of short tons
Orders, unfilled, end of month 9
do
Production
_
do
Shipments 9
do
Stocks, end of month 9
_ _
do
Fine paper:
Orders new
do
Orders, unfilled, end of month
do
Production
do
Shipments
_ ._
do
Stocks end of month
do
Printing paper:
Orders, new
__
do
Orders, unfilled, end of month
do
Production
_
do
Shipments
do
Stocks, end of month _
do
Price, wholesale, book paper, "A" grade, English
finish, white, f. o. b. mill
dol. per 100 lb__
Coarse paper:
Orders, new
thous. of short tons _.
Orders, unfilled, end of month
do _
Production
do
Shipments
_ __
do
Stocks, end of month
do
Newsprint:
Canada (incl. Newfoundland):
Production
-- do
Shipments from mills
do_ _ _
Stocks at mills, end of month
_ _ _ do
United States:
Production
_ __
do
Shipments from mills
_ __ _
do
Stocks at mills, end of month
do
Imports
.
__
do _
Price, rolls, contract, delivered to principal ports
dol. per short ton__
Paperboard (National Paperboard Association):
Orders, newt
thous of short tons
Orders, unfilled, end of month _ _ _
do _
Production, totalt
do
Percent of activity _
Paper products:
Shipping containers, corrugated and solid fiber,
shipments}
_ mil. sq. ft. surface area.,
Folding paper boxes, index of physical volume:*
Consumption of boxboard
1947-49=100
Shipments of boxes
do _
PRINTING
Book publication total
number of editionsNew books
do
New editions
_
do
803.0
623.1
966.3
805.2
518.2
815.4
665.2
953.8
792.1
528.3
801.0
696.0
891.6
»• 737. 0
' 527. 5
829.4
715.0
1, 007. 5
841.4
514.6
805.9
647.1
984.6
796.1
504.6
906.2
686.5
1, 102. 0
901.1
541.6
852.4
697.4
1, 007. 1
813.5
531.6
' 819. 5 ' 924. 0
'606.0
"640.3
r
986. 8 '1,054.7
r
797. 5 r 874. 4
' 537. 8 r 533. 7
'900.4
r 672. 7
' 999. 3
'836 4
' 536. 8
120.9
71.7
132.8
122.3
139.2
127.0
73.3
131.2
125.5
138.7
126.0
78.1
129.0
125.9
146.7
130.9
93.2
110.5
117.7
143.8
118.1
74.9
130. 9
122.4
123.9
108.2
65.5
133.2
111.0
116.9
130.2
70.1
144.3
128.7
130.7
126.6
73.0
133.9
125. 4
' 136. 0
»• 115.3 f 150. 0
'83.0
'66.6
' 138. 0 r 138. 4
'r 118. 7 f 143. 0
131.0
145. 9
' 146 0
'93.0
' 135 0
' 137. 0
' 128. 0
155 0
102.0
146.0
145.0
117.0
' 341. 6
344.1
397.5
348.3
345.9
218.5
363.2
433.8
338.9
339.4
217.9
336.8
432.7
314.3
311.2
221.0
340.9
461.5
347.8
347.6
221.2
320.8
398.7
328.1
324.3
225.1
357.0
414.4
358.3
356.0
227.3
361.8
441.2
325.7
326.4
226.7
' 369. 3
' 359. 8
' 328. 5
' 325. 9
' 234. 1
420.0
393.0
374.0
371.0
237.0
r 412. 4
342.8
r
344. 0
' 216. 1
Consumption by publisherscf
do
Stocks at and in transit to publishers, end of
monthcf
thous. of short tons
345.5
' 394. 8
329.0
329.3
r 226. 6
15.95
15.95
15.95
15.95
15.95
15.95
15.95
15.95
15.95
277.0
119.8
297.4
288.3
115.3
285.2
115.4
279.7
288.8
103.3
282.8
119.3
281.5
281.2
107.1
283.9
128.3
269.5
263.2
101.3
317.1
134. 9
314.3
315.6
103.5
323.5
139.6
309.2
307.2
96.7
359.2
152.8
350.5
354.8
105.3
312.0
143.1
326.5
309. 0
103.5
r 298. 0
522.6
532. 7
235.1
548.0
561.4
221.8
482.5
480.6
223.6
508.4
523.2
208.8
511.0
491.9
227.9
490.8
495.3
223.3
544. 1
555.1
212.3
148.6
149.2
16.0
149.0
146.7
18.3
141.8
138.6
21.5
134. 9
137.8
18.6
148.5
142.0
25.1
137.2
139.7
22.6
423.3
438.0
409.2
364.5
387.6
694.9
683.2
667.8
698.1
724.4
421.0
416.7
422.3
411.6
134. 40
134. 40
134. 40
r
1, 184. 2
348.6
365.2
r
1, 116. 3 r 1, 176. 8
r
4
4
4
4
4
' 786. 5
' 639. 1
994.5
r
804. 6
' 528. 9
1, 122.
1
84
85
7,588
7,997
131.0
116.2
121.9
120.2
1,109
1,151
883
226
921
230
134. 40
r
1, 155. 7
356.5
r
1, 138. 0
r
15.95
15.95
15.95
«• 298. 0
' 294. 9
r
95.6
«•r 330. 4
147. 5
r 320. 6
' 319. 8
' 101. 1
' 328. 6
' 168. 9
r
312. 9
' 317. 6
' 103. 6
350.0
166.0
346. 0
343.0
102.0
518.1
527.7
202.7
476.2
494.3
184.7
491.1
465.9
209.9
466.0
416.2
259. 6
511.9
453.2
318.3
534 6
577. 5
275 4
154.8
158.7
18.6
152.6
150.6
20.6
144.7
148.8
16.5
165.7
155. 1
27.1
149.6
155. 0
21.7
161.8
159.2
24.3
161.3
168 6
16.9
413.0
470.0
465.2
394.3
394 9
384.5
457.7
466 5
697.2
655.3
632.8
651.7
651.8
636.3
578.5
567 9
367.7
391.6
439. 5
431.3
432.1
341.6
351.6
410.3
430 6
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
p 134. 40
1, 138. 6 «• 1, 256. 9 ' 1, 309. 2 ' 1, 400. 0 r 1, 224. 6 r 1, 249. 1
369.6
405.3
427.6
465. 5 r 407.3 r 482.8
1, 053. 8 1, 302. 0 1, 255. 1 ' 1, 408. 3 ' 1, 269. 6 r 1, 203. 0
1, 168. 6
375.6
1, 196. 0
1,255 9
423.7
1,215 2
1,381.1
498.7
1, 346. 2
1 384 2
507. 4
1,351 2
1 388 8
497.8
1,388 0
0. 208
9,121
130 5
121.3
r 131. 0
89
v 16 28
76
93
90
95
92
81
7,757
7,892
8,752
9,032
9,876
8,107
7,967
8,391
8,118
129.3
122.3
141.0
118.5
129. 2
129.2
135.6
133.1
139. 7
139.1
117.5
118.3
12^ 7
129.1
132.0
116.6
138 7
117. 1
r
r
146 3
133. 8
r 137 4
972
752
220
679
552
127
1,023
1
871
1
152
1,217
1,007
1,307
1,092
i 1,728
i 1,411
1317
469
368
101
1,073
215
873
200
i1 1, 574
1, 334
i 240
1,299
1 022
43, 031
74, 969
41, 819
48, 891
77, 807
54, 492
49, 913
82, 487
54, 950
47, 345
79, 657
48, 917
51,991
78 871
48, 584
41, 483
78, 157
44, 347
86
1
1
r
' 384. 0
r 329. 3
r 358. 2
' 353. 2
' 236. 5
925. 0
661. 0
844. 0
859. 0
456. 0
1, 344
1,1 137
207
1
210
93
93
94
8,982
r
93
123. f>
1 280
968
312
277
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
__ . _
longtons.. 36, 557
107, 897
Stocks, end of month
do
Imports, including latex and guayule.
_ - _ _ d o _ __ 34, 930
Price, wholesale, smoked sheets (New York)
.269
dol. per lb__
Synthetic rubber:
74, 046
Production
long tons
67, 185
Consumption
do
Stocks, end of month _
do __ 199, 226
15, 780
Exports
_ _ _ . do
Reclaimed rubber:
Production
Consumption
_
_
Stocks, end of month
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
Original equipment
Replacement equipment
Export
Stocks, end of month
Exports (Bur of Census)
Inner tubes:
N Production
Shipments
_ _ _ _
Stocks, end of month
Exports (Bur. of Census)-
_
_
__ _ _
do
do _
do
20, 735
19, 865
29, 440
35, 961
100, 985
32, 061
37, 551
91,779
28, 279
34, 187
85, 577
25, 823
39, 380
85, 666
39, 057
44, 743
82, 622
41, 343
48, 875
77, 859
45, 136
.253
.263
.281
.288
.294
.313
.324
.299
.301
.301
.315
76, 823
66, 868
191, 929
19, 222
74, 243
70, 894
183, 721
15, 308
77, 083
64, 420
181, 524
14, 844
87, 321
72, 401
183, 921
12, 873
90, 979
79,166
182, 840
13, 100
100, 981
88 818
178, 534
17, 151
102, 496
1
79 723
183, 511
17, 078
101, 655
86 189
186, 283
17, 177
108, 504
89, 636
187, 043
17, 762
102, 297
87, 393
187, 181
16, 143
111,377
95 089
183, 866
22, 150
108, 477
79 739 I
182,939 .
25, 990
19, 567
20, 225
27, 862
21,220
20, 776
27, 763
18, 122
18,4.P8
26, 442
22, 432
19,461
27, 961
22, 596
21, 899
26, 676
26, 523
23, 708
27, 340
22, 396
21, 401
27, 680
24 800
23, 379
29 063
25 790
25, 002
27 157
25, 290
24, 471
27,504
29 310
27, 869
27, 582
21 671 <
22,380
25, 131 i
.340 !
thousands
7,477
7,653
8, 293
7,288
7,762
8,277
9,344
8 393
9,376
10 184
10 270
11, 350
8, 025
-
8,175
1 876
6,183
116
8, 503
2, 173
6,220
110
9,231
1 932
7,182
117
9,573
2,020
7,442
111
7, 848
1 055
6,679
115
7,912
1,442
6,365
105
8,454
1 838
6,476
140
7,788
3 369
4 320
100
8,892
4 057
4,711
124
9 806
2 960
6 742
104
8,551
2 805
5,611
135
10, 557
3 336
7,103
117
10,999 i
3 594
7, 297
109
22, 658
2
93
21, 834
2
89
20, 920
2
89
18 615
2 71
18 521
2 ]11
18, 925
2
109
19 913
2
86
20 403
2 us
20 988
2 113
21 399
2 101
23 019
2 75
23 862
2
92
20 8"? '
2 103 ,
3 624
3, 243
7, 609
3
70
3 530
3,035
8, 189
3
90
3 470
3^602
8, 156
377
2 890
3, 4C.6
7, 680
s 67
3 305
3.331
7 664
3
108
3 300
3, 498
7, 657
3 69
3 768
3, 567
7, 869
3 77
3 319
2, 899
8 372
' 3 71
3 A91
3, 41 1
8 617
3
89
3 806
4.1800
7 53fi
3 123
4 094
4! 316
7 364
369
4 4£9
4! 435
7 029
3
75
do
do
do
do
.
.
do
do
do
do _
do
do _
_
_
.366
3 380 '
3,928
7,219 '
3
77 ! - -_
T
2
3
Revised.
v Preliminary.
* Data for months noted cover 5 weeks; other months, 4 weeks.
Data for motorcycle tires are excluded beginning January 1958.
Data beginning January 19F8 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
4
formerly excluded, averaged 14,000 per month in 1957.
March data exclude estimates for tissue and miscellaneous papers.
^Revisions will be shown later as follows: Paper (January
1957-March 1958); paperboard (January 1957-March 1958; for 1954-56 revisions, see p. 20 of the November 1958 SURVEY); shipping containers (January 1955-February 1958).
9 Data exclude
estimates for "tissue paper."
cf As reported by publishers accounting for about 75.5 percent of total newsprint consumption in 1957.
*New series, replacing indexes of value of orders entered
.and shipments billed (see p. 20 of the November 1958 SURVEY for data back to January 1947).
June 1959
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
1959
1958
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments finished cement
Stocks, end of month:
Finished
Clinker
thoiis. of bbl__
thous ofbbl
do
do
24,001
79
25, 566
29, 274
92
30, 770
30, 078
98
30, 513
29, 833
90
32, 536
31, 675
95
34, 432
31, 597
98
35 031
32, 847
98
36 880
28, 031
86
24 758
23, 590
70
16, 817
18, 604
55
14 544
16, 710
54
14, 943
24, 329
72
23, 250
29,093
88
30,423
35 170
28, 409
33 673
26, 587
33 350
24, 372
30 646
22 561
27 883
18 872
24 445
15, 360
20 415
12 494
23 686
12, 124
r 30 800
15 479
34 838
20 364
36 680
25 183
T 37 711
' 27, 662
36 381
27,371
541, 649
569, 075
587, 322
598, 554
580, 880
616. 518
591, 853
618, 355
612,536
634, 767
632, 660
660, 720
661 218
695, 549
577, 795
580, 478
534 445
428 293
465 495
365 075
441 556
388, 603
541, 738
597, 724
30 951
30.951
30 951
30 925
30. 925
30 927
30 927
31 057
31 237
31 421
31 421
117. 536
144, 005
155, 448
149. 773
165.812
162, 066
175, 751
166,901
182, 345
168, 585
183, 977
182, 976
189 642
160, 153
151, 852
148 227
117 249
131 438
101 422
136 256
99 761
152, 916
153 434
61, 763
52, 750
52, 460
52, 251
58, 977
57, 257
56, 680
50, 781
53, 312
47, 960
54 190
54, 350
46, 349
47, 003
46 824
38 069
44 069
38 281
34 306
34, 561
40 351
40, 067
CLAY PRODUCTS
Brick, unglazed (common and face):
Production^
thous of standard brick
Shipmentsc"1
-- do_
Price, wholesale, common, composite, f. o. b. plant
dol per thous
Clay sewer pipe and fittings, vitrified :cf
Production
Shipments
Structural tile, unglazed :<?
Production
Shipments
short tons
do
do
-- d o _ _ .
142 501
50, 131
48, 889
r
31 495
p31 586
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total)*
thous of dol
Sheet (window) glass, shipments
do
Plate and other flat glass shipments
do
Glass containers:
Production
_
thous. of gross
Shipments, domestic, total
_
do
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers, jelly
Classes and fruit jars)
thous of gross
Beverage
Beer bottles
Liquor and wine
Medicinal and toilet
Chemical household and industrial
Dairy products
do
do
do
do
do
do
Stocks end of month
do
57,611
27, 497
30, 114
44 121
21, 116
23 005
57 269
28, 438
28 831
40 070
21, 181
18 889
11,091
12,159
12, 711
12, 698
13, 431
12, 583
13,217
11, 455
10 515
11 504
11 416
11,518
13, 226
10, 848
12, 208
12, 132
11,995
13, 663
13,314
12, 683
10, 487
10 505
11 036
10 347
11,929
12,384
1,082
1,157
1,198
1,232
2,007
2, 369
1,407
927
977
1 124
1 065
1 208
1 240
3,210
3, 51 1
3,615
3,932
4,520
4,271
3,867
3,224
3 218
3 997
3 101
3,375
3,271
696
966
1,079
1, 045
2, 668
1,498
1,157
2, 750
1, 032
1,096
1, 467
1, 170
2, 506
1,260
594
994
462
811
664
686
593
639
961
872
2,514
1,178
3,083
1,06H
1.290
2,871
1 048
1,577
3,261
1 045
1,312
2, 751
176
882
159
17, 971
18, 176
18, 820
940
128
19, 031
939
994
137
939
141
988
136
18, 741
19, 101
19, 487
219
18, 956
192
549
643
804
867
573
693
1 030
2 580
1 137
2 95°
1 107
1 097
2 724
1 025
1,119
1 328
1,223
2 882
1 178
153
143
1,247
3 000
1 130
18 771
18 938
19 341
19, 943
823
206
18 537
136
144
GYPSUM AND PRODUCTS
Crude gypsum,
quarterly total:
Import55
Production
thous. of short tons
do
Calcined production quarte r lv total
do
Gypsum products sold or used, quarterly total:
IJncnlcined uses
short tons
Industrial uses
__ do Building uses:
Plasters:
Base-coat
..
-. do _ _
All other (incl. Keene's cement)
._
do_ __
LathWallboard
All other©
mil. of sq.ft..
do
do
--
841
1,117
2,352
1,067
2,680
1,196
2,645
2 327
1,894
2,285
2,077
2 033
911,611
56, 424
920, 082
68, 291
1 050,600
61, 981
774 427
70, 494
331, 536
302. 432
375, 606
339, 607
317, 420
290, 627
310, 051
256, 305
494.5
1, 134. 4
54.6
620. 4
1 371 4
60.7
542.6
1 364 5
55 0
496.6
1 342 0
51 4
TEXTILE PRODUCTS
APPAREL
Hosiery shipments^
Men's apparel, cuttings:^ A
Tailored garments:
Suits
Overcoats and topcoats
thous of dozen pairs
. thous. of units
_ _ . _ _ _ -do - _
Coats (separate), dress and sport*
Trousers (separate), dress and sport
Shirts (woven fabrics), dress and sport
Work clothing:
Dungarees and waistband overalls
Shirts
do
do
thous. of doz__
_
do
do_._
Women's, misses', juniors' outerwear, cuttings:A
Coats
_- _
_ thous. of units
Dresses
do
Suits
_
.
do_
Waists, blouses, and shirts
Skirts*
r
_
thous. of doz_
do
' 11, 054
9,891
11,317
11 303
13 718
14 099
15 830
13 474
11 396
13 593
12 684
12 891
i 1, 665
1450
1,416
1,348
i 1, 095
1425
1,516
1,328
i 1 750
i 505
1 560
340
i 1 625
i 255
1 612
1 608
200
248
i i 940
i 345
1 768 ~
824
884
912
6 552
6 456
i 870
i 8 000
7 992
500
508
1640
1
5, 445
724
852
4, 976
i 1, 655
1225
i 310
292
1,127
26 844
1,058
24 143
556
1,221
588
568
476
844
704
4,844
1685
i 4 635
4,872
1,576
1,524
i 1, 395
244
240
268
i 225
1235
288
1,802
21 126
949
2,661
19 778
1 024
1,100
1,155
332
1,266
690
672
805
1
12 228
488
4,720
775
i 5 455
4 588
i 955
i 5 155
1,676
1, 652
i 1, 965
1,628
i 1, 665
1,752
r 1, 740
i 1, 860
1,812
256
256
320
1310
1385
256
296
i °00
i 305
224
284
360
336
i 325
i 350
376
2,620
20 319
1,018
2 649
20 591
3 030
22 540
2 269
19 882
1,670
19 499
987
952
2 3()7
20 698
1 610
2 273
91 383
1 505
2 099
2Q 343
l'042
1 117
29 210
' 553
1,219
1 251
1 072
953
527
1 280
'723
1 307
1 412
1 396
828
829
700
902
1 403
795
600
755
730
912
356
~
761
Revised.
*> Preliminary.
i Data cover a 5-week period.
cfRevisions will be published later as follows: 1954 (annual data only); 1955 (annual and monthly); 1956 (January-August); 1957 (January-August); foi brick and tile (data through 1956not strictly comparable).
*New series; from Bureau of the Census. Revisions for 1957 and earlier unpublished data for flat glass will be shown later. For 1957 data for coats and skirts, see corresponding note in
October 1958 SURVEY.
©Comprises sheathing, formboard, and laminated board.
fData for April, July, October and December 1958 and March 1959 cover 5-week periods and for other mouths, 4 weeks.
^Excludes shipments of men's slipper socks. Comparable data for January-March 1957 appear in the June 1958 SURVEY.
ARevisions for 1955-57 are available upon request. Estimates beginning January 1959 for men's apparel and, beginning December 1958, for women's, etc., outerwear are based on different
sample and are not strictly comparable with earlier data.
SURVEY OF CURRENT BUSINESS
June 1959
S-39
1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
TEXTILE PRODUCTS—Continued
COTTON
C ot ton (exclusive of linters) :
Production:
Ginnings§
thous. of running bales .
Crop estimate, equivalent 500-lb. bales
thous. of bales
Consumption^
bales
Stocks in the United States, end of month,
totallD
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
213
4
4
1,009
2,627
729,955
600, 256
595, 408
613,950
638, 767
647, 894
11, 796
11, 754
730
9,325
1,699
42
10, 680
10, 640
514
8,406
1,721
40
9,667
9,630
440
7, 520
1,671
37
8,737
8,702
291
6, 825
1,586
35
19, 191
19, 094
10, 836
6 782
1,476
97
500, 828
Exports A
bales
1,812
TmportsA
do
27.9
Prices (farm), American upland
cents per lb_Prices, wholesale, middling 1", average 14 markets
34.6
cents per lb__
Cotton linters:
75
Consumption^
thous of bales
69
Production A cf
do
943
Stocks end of month AcT
do
535, 032
3,859
29.1
433, 434
1,974
29.1
468, 268
913
30.8
34.7
34.8
82
49
894
57, 585
9,172
7 316
4
1
10, 216
4
3
10, 878 2 11, 343
11, 435
311,512
699 652 4 862 582
833,366
672, 838
727, 410
687 360
18, 360
18, 258
9,660
7 221
1,377
101
17, 364
17, 263
5, 752
10 205
1,305
102
16, 382
16, 290
3,043
11 861
1,386
92
15, 386
15, 302
1,095
12 706
1,501
84
14, 480
14, 398
597
12 275
1,526
82
13, 501
13, 425
322
11 541
1,562
76
12, 420
12, 349
414
10 342
1,593
71
11, 496
11, 433
367
9 513
1 553
62
208, 678
84, 892
33.2
211,910
23, 400
34.5
181, 402
12, 356
33.3
313, 762
472
32.4
297, 845
809
30.3
222 230
1,009
28.2
210, 753
1,636
28.2
284, 454
3,360
'30.1
245, 208
2,563
31.3
31.8
34.9
34.8
34.7
34.8
34.8
34. 4
34.3
34.3
34.4
34.6
34.6
86
34
829
66
35
785
585
43
680
88
94
678
107
167
857
101
169
864
101
140
868
46, 823
14, 732
2,202
37, 393
13, 610
29, 232
15, 224
43, 500
10, 350
22.75
36.4
14.8
15.5
22.00
36.4
14.7
15.4
21.71
36.4
15.0
15.1
21.65
36.4
15.0
15.0
.657
.937
.657
.931
.657
.933
19, 230
17, 605
19, 262
17,688
19, 018
17, 469
4
4
104
217
782
90
178
827
2, 105
39, 109
11,419
41,629
8,078
38, 729
15, 004
7 2 327
38, 037
9,481
42 490
9,102
34, 096
14, 012
22.30
36.4
15.4
15.5
22 24
36.4
15.4
15.8
22 16
36.4
15 4
15.8
23.36
36.4
15.6
16.0
25 06
36.4
16.5
16.3
25 01
36.4
16 5
16.5
25 97
36.4
16 5
17.0
.657
.933
.657
.935
.661
.933
.661
.931
.661
.931
.661
.931
.661
.931
.666
.943
19, 241
17, 513
19, 268
17, 541
19, 251
17, 641
19, 279
17, 650
19, 269
17, 611
19, 276
17, 616
19,283
17 636
19, 272
17 642
4
716 820
121
138
846
103
108
797
41, 704
13, 674
37,896
12, 320
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:
Mi1! mar°irist
cents per Ib
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. perlb__
36/2 combed knitting
do
Spindle activity (cotton system spindles) :1A
Active spindles, last working day, total
Consuming 100 percent cotton
Spindle hours operated all fibers, total
Average per working day
Consuming 100 percent cotton
thous__
do -.
.millions. _
do
do
4
10,r 245
410
9, 466
4
8,183
409
7,535
4
8,304
415
7, 644
4
8, 662
••347
7, 909
8,777
439
8,070
8,870
444
8,190
4
4
11, 447
458
10, 496
9,180
459
8,389
4
10, 427
417
9. 453
4
9 352
468
8 552
9 542
477
8,743
26. 91
36.4
16.5
' 17.3
27.18
P36.4
p 16 4
p 17.3
.676
.946
p . 672
p. 946
19, 265
17, 637
19, 555
17, 945
11, 706
468
10, 743
9,567
478
8,776
457.9
175 0
96 1
153 8
"66 64 6
31 9
r
4
4
27.67
MANMADE FIBERS AND MANUFACTURES
347.5
144 4
66 3
113.3
Fiber production, quarterly total 9 ©
mil. of lb_.
Rnvon and acetate* Filament yarn T
do
Staple plus tow ©
do
Noncellulo^ic (nylon acrylic protein etc )
do
Fxports' Yarns and monofilaments
Staple tow and tops
Imports* Yarns and monofilaments
Staple tow and tops
thous oflb
do
do
_ _ _ do
Rayon and acetate:
Stocks producers', end of month, tota!0 mil. o f l b _ _
Filament yarn
do
Staple (incl tow)©
_ _
do
Prices, rayon, viscose:
Yarn filament 150 denier
Staple 1 5 denier
dol per Ib
do
2,842
1,862
161
6,583
3,397
1,491
276
5,772
3,326
1,849
139
7,224
4,233
1,859
287
6,870
4,078
2,562
264
4,548
3,750
1,986
587
8,920
3,565
2, 246
175
8,089
3,644
2,687
308
10, 190
3,574
1,935
482
7,818
2,572
2,770
285
9,289
4,260
2,038
182
10, 551
3,255
2,263
443
13, 517
126.1
69.9
56.2
122.7
69.6
53.1
118.6
67.3
51.3
117.8
66.0
51.8
111.5
61.3
50.2
108.9
60.6
48.3
104.3
59.2
45.1
97.9
55.6
42.3
96.4
51.7
44.7
98.1
50.4
47.7
99.0
48.1
50.9
'94.6
••45 3
'49.3
93.3
43 8
49.5
.838
.311
.850
.311
.850
.311
850
.311
.760
.311
.760
.311
.760
.311
.760
.311
.760
.311
.760
.311
.760
.311
r
.780
.311
J> 780
p. 321
7 614,153
7 424,339
7 75 311
578,053
412, 639
71,213
574, 525
413,942
69 228
_ _ _ thous. of sq. yd- _
r
4,732
1,540
191
6,267
Manmade-fiber broadwoven fabrics:
Production, quarterly total 9 A--thous. of linear yd_Rayon and acetate (excl tire fabric)
do
Nylon and chiefly nylon mixtures
do
Exports, piece goods
444. 2
167 4
97 7
f 147 2
391.0
162.0
81 3
121.9
14, 288
14, 061
12, 146
9,379
11, 898
11, 870
15, 914
12, 238
11, 742
12, 794
10, 941
13, 677
13,924
193
4.27
373
4.27
228
3.93
5,775
304
4.27
422
4.27
259
4.20
6,001
522
3.72
848
3.68
993
3.62
76,804
569
3.61
574
3.88
502
4.03
248
M. 11
18, 719
7, 608
16, 965
5,866
18, 605
6,498
20, 480
7 382
18, 630
9 913
18, 114
11 446
21, 001
14, 224
17, 418
12, 444
19, 393
14, 208
19, 809
14,458
20, 265
14,583
25, 415
16, 135
23,069
13, 941
SILK
Imports raw
thous. oflb
Price raw AA 20-22 denier
dol per Ib
Production fabric qtrly total A thous of linear yd
WOOL
Wool consumption, mill (clean basis) :JA
Apparel class
thous. of Ib
Carpet class
do
4
4
4
4
4
4
4
4
4
4
31, 218
31, 076
25, 317
14, 834
35, 173
25, 626
21, 221
23, 833
12, 979
11, 288
13, 106
11, 667
17, 115
Wool imports clean content
do
11, 006
11, 230
11,028
13, 167
5. 206
5,032
5,540
10, 568
7,811
4,119
6,116
6,508
8,029
Apparel class (dutiable), clean content
. do_ _2
4
'5 Revised.
p Preliminary.
1 Ginnings to December 13.
Ginnings to January 16.
3 Total ginnings of 1958 crop.
Data cover a 5-week period.
Beginning August 1958, data are for 4- and 5-week periods; earlier data, calendar months.
« Data are for month shown.
7 Data cover 14 weeks; other periods, 13 weeks.
§Total ginnings to end of month indicated, except as noted.
D Revisions for January 1957-February 1958 will be shown later.
fData for April, July, October, and December 1958 and March 1959 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles are for end of
period covered.
ARevisions for 1955-57 are available upon request.
cf Data beginning October 1958 for production of linters and for that part of stocks "at oil mills" are in thousands of equivalent 600pound bales (earlier data in thousands of running bales). October 1958 figures comparable with data shown through September (thous. of bales): Production, 208; total stocks, 777.
fRevised series. Calculation of mill margins revised (back to August 1954) to incorporate prices for expanded selection of 20 types of more widely used cloths and to reflect raw cotton
prices for 4 areas of cotton production; prior series calculated from 17 cloth prices and raw cotton prices for Memphis territory growth only.
9 Includes data not shown separately.
©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 nitration purposes.) For years 1955-57, production of acetate staple plus tow (included in total staple through 1957) averaged 14.1 mil. Ib. per quarter.
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 1959
1958
April
May
June
July
1959
DecemAugust SeptemOctober November
ber
ber
January
February
March
May
April
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
1.135
Graded territory,
fine
_. dol. per lb__
.847
Graded fleece, 3/8 blood
do
1.225
Australian, 64s, 70s, good topmaking, in bond_..do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price t
- - - 1947-49 = 100. . 91.5
Woolen and worsted woven goods, except woven felts:
Production Quarterly totalo"
thous of lin yd
Apparel fabrics total
do__
Other than Government orders tot'-il
do
Men'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
1.150
.836
1.225
1.150
.882
1.225
1.130
.875
1.195
1.125
.875
1.175
1.125
.875
1.175
1.125
.843
1.075
1.125
.849
1.025
1.125
.915
1.025
1.088
.908
1.025
1.075
.975
870
1.075
.860
.975
1.165
.962
1.035
86.0
94.8
94.8
93.5
93.5
91.0
88.5
90.5
90.5
89.3
90.5
94.8
104.5
89.1
105.6
90.8
103. 7
90.8
103.7
90.8
561,091
558, 527
558,137
«26, 564
531, 573
' 69, 174
' 66, 897
65, 089
r 23, 142
r 41, 947
f 73, 626
rr 71, 926
70, 585
'T 30, 509
40, 076
114.1
97.3
111.9
97.3
111.9
97.3
1 66, 291
1 63, 708
1 62, 225
126,809
135,416
r
108.6
97.3
106.7
97.3
106.7
90.8
1.225
1.025
1.075
106.7
89.1
104.5
89.1
104.5
89.1
r
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 IT S military customersc?1
- do
Civilian aircraft:cf
Shipments
thous. of doL
Airframe weight
_
thous. of lb__
48, 677
1,635. 8
37, 616
1,356. 6
26, 421
1,093. 1
41, 587
1,418.7
30, 776
1, 106. 0
24, 401
855.2
Exports (commercial and civilian) ©cf
16, 655
18, 887
10, 966
20, 086
26, 768
13, 279
8,064
_number__ 396, 712
344
do
290
do
322, 482
do__
308, 904
do
73, 886
do
56, 042
do
427, 608
412, 971
381, 813
250, 460
149, 256
352, 076
340, 599
75, 291
58, 509
342, 228
334, 311
70, 652
56, 019
316, 408
310, 001
65, 047
50, 454
194, 974
192, 770
55, 221
47, 030
27, 126
12, 402
14. 724
38, 073
36, 465
30, 280
13, 695
16, 585
36, 355
34, 981
20, 815
9,714
11,101
30, 117
28, 835
24, 394
9 408
14, 986
45 212
43, 550
r
r
r
r
3 780
r
1,794
r
thous. of dol
2,264
2, 866
13, 722
8,011
2,092
2,558
12, 705
6,648
2,974
2,947
' 13, 171
r 6, 933
2,112
2,799
13, 035
7,130
37, 672
1, 258. 9
49, 590
1, 452. 8
49, 805
1, 440. 0
34,014
1, 185. 7
68, 142
1, 849. 6
9,767
9,951
12, 991
4,213
4,168
8,576
605,334
167
124
511, 885
497, 218
93, 282
79, 618
709, 078
635, 664
577, 093
686, 612
702, 952 p2 660,2 400
? 375
253
102, 687
98, 009
46, 353
34, 232
342,324
149
149
272, 241
263, 491
69, 934
55, 865
608, 730
594, 188
100, 140
82, 688
539, 451
527, 588
96, 044
81, 599
476, 977
466, 564
99, 973
83, 775
575, 012
563, 849
111,355
93, 060
585, 789 p 2547,300
575, 268
116, 910 p 2 112,700
98,906
15, 326
5,060
10, 266
36, 875
36, 020
15, 267
7,425
7,842
36, 170
34, 592
14, 755
6,546
8,209
42, 256
41, 245
18, 873
11,333
7, 540
38, 916
37, 569
35, 641
15, 458
20, 183
54, 824
53, 218
24, 248
11, 520
12, 728
55, 728
54, 075
21, 319
10, 700
10, 619
50, 916
49, 167
31, 452
10, 758
20, 694
58, 207
56, 474
r
r
T
r
4, 807
4, 426
825
' 2,
393 ' 2,
r
T
260
339
r
r
r
4 832
>• 2, 888
^268
4,875
2,913
330
4,888
2,692
435
334,876 3 511, 284
3 55, 222 3 73, 891
419, 512
61, 776
423, 793
64, 688
496, 717
77, 593
2,506
1,677
1,657
829
2,808
1,777
1 766
1 031
3,741
2,334
2,334
1 407
1, 922
1,411
1 292
511
10, 795
7 370
7 370
3,425
3 240
3 199
35, 969
15 041
14, 551
20, 928
34, 881
49, 328
1, 545. 6 1, 107. 1
MOTOR VEHICLES
Factory sales, total
Coaches total
Domestic
Passenger cars total
Domestic
Trucks total
Domestic
_
_
_
_
Exports totalcT
Passenger cars (new and used) of
Trucks and buses
Imports (cars trucks buses) total*
Passenger cars (new and used)*
-
- do
do
do
do
do
-
Truck trailers (complete) production^ cT
Vans
__
Trailer chassis only for sale separately
do
_ -do ___
do
Registrations; O
New passenger cars
New commercial cars
r4
r4
3, 528
1, 701
r 4 254
241
206
3, 797
r 1,r 842
291
91
84
3 697
1,r 784
273
358
290
237
265
259
3, 866
2,r 037
296
216
212
4, 182
2,r 443
245
208
165
3
169
112
143
141
245
200
r
5 550
2,924
558
251
26, 586
11,971
14,615
60, 567
57, 898
6,287
3,282
389
418,255
63, 403
423, 484
63, 238
5,501
3,968
3,820
1,533
3, 762
2,392
2,338
1,370
2,501
1,273
1,273
1,228
2,178
1,145
1, 145
1 033
2,182
1,307
1,307
2,296
1,153
1,055
1,143
1,811
759
606
2,763
1,584
1,442
1, 179
1,972
1,014
1,052
2,256
1,319
905
937
400
300
300
100
1,391
1,340
1,340
821
821
386
0
1,873
51
320
192
192
128
871
771
1,670
1,628
1,543
1,002
42
666
606
606
60
6,525
4,628
4,398
1,897
3,706
2,004
2,004
1,702
4,328
1,390
1,069
2,938
do.
do
do
do_.
32, 982
8,232
8,158
24, 750
30, 406
6,975
6, 955
23, 431
27, 777
5, 444
5,424
22,333
26, 449
5 149
4,694
21, 300
26, 166
4,739
4,184
21, 427
25, 524
5,221
4,679
20, 303
24, 059
4,648
4,259
19, 411
28, 167
7,996
7,791
20, 171
27, 659
8,467
8,404
19, 192
29, 822
8,800
8,448
21, 022
29, 240
8,536
8,085
20, 704
35, 927
14 129
13, 689
21, 798
do_
do
do
do
0
0
63
57
2
2
61
55
16
16
45
39
20
20
25
19
0
0
55
49
3
3
52
46
10
10
43
37
4
4
44
38
8
2
36
36
0
0
36
36
0
0
72
72
0
132
132
0
132
132
1, 751
1,749
1.747
1,744
1,741
1,737
1.733
1,729
1,726
1,724
89
1,722
1,717
88
1,707
83
do
do
410, 607 3 400, 286 3 370, 856 3 317,070 3321,285
63. 995 3 63, 383 3 63, 981 360,716 3 56, 234
RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
number...
Equipment manufacturers, total
__ do
Domestic
do_
Railroad and private-line shops domestic do
New orders, totalcf
_
__do
Equipment manufacturers, total
do
Domestic
do
Railroad and private-line shops, domestic do
Unfilled orders, end of month, total
Equipment manufacturers total
Domestic._ _
__
Railroad and private-line shops, domestic
Passengers cars (equipment manufacturers) :
Shipments, total
Domestic
_ _ __
Unfilled orders, end of month, total
Domestic...
.
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):O
Diesel-electric and electric:
Owned or leased end of mo No of power units
Serviceable, end of month
do
Installed in service (new) quarterly total do
Unfilled orders, end of month
do
Exports of locomotives, total (railroad-service and industrial types)
number
r
l
6.6
7.1
7.6
8.0
875
8.3
8.4
122
42
2
94
80
8.6
r
r
r
9.2
28 303
26, 838
27
403
74
134
79
8.2
28, 181
26, 729
28 182
26, 922
84
8.4
982
958
62
96
o
28 395
26 822
204
589
96
561
95
o
537
59
33
49
26
3
Revised.
*> Preliminary.
Data cover 14 weeks; for other periods, 13 weeks.
Preliminary estimate of production.
Excludes registrations for Oregon; data to be revised later.
*5 Revisions for 1957 are available upon request. Data for January-March 1958 are as follows (number): Total trailers, 3,344; 3,125; 3,390; vans, 1,793; 1,676; 1,632; chassis, 289; 256; 236.
Production for 1st quarter 1958.
c?Scattered revisions will be shown later; see corresponding note in March 1959 SURVEY for periods affected.
®Data beginning January 1958 exclude exports of new cargo transport?, 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.
JMonthly data for 1947-,56 are shown at bottom of p. S-38 of the March 1958 SURVEY.
^[Beginning 1958, manufacturers report all assembled complete trailers, including those for which separate chassis were purchased; prior to 1958, complete trailers for which a manufacturer
purchased the chassis and added the body were excluded from the "complete trailer" classification.
©Data beginning January 1959 include new registrations in Alaska.
§ 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 : 1959
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40'
Pages 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
Metals and manufactures
32-34
Petroleum, coal, and products
35,36
Pulp, paper, and printing
36,37
Rubber and rubber products
37
Stone, clay, and glass products
38
Textile products
38-40
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, 9, 27
Aluminum
33
Apparel
2, 3, 6, 8, 9, 10, 12, 13, 14, 15, 38
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, 8, 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
Elec. 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 and 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
38
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
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 employment, production workers, payrolls, hours, earnings
11, 12, 13, 14, 15
Manufacturing production indexes
2,3
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
Oil burners
Oils and fats, greases
Orders, new and unfilled, manufacturers'
Ordnance
28
34
6, 25, 26
5
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
Parity ratio
5
Passports issued
24
Payrolls, indexes
12
Personal consumption expenditure
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
31
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, corporate
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 convectors
34
Radio and television
3, 6, 8, 34
Railroads
2, 11, 12,13,14,15,19,20,23,40
Railways (local) and bus lines
11, 13, 14, 15, 23
Rayon and 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
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, clay, and glassprod___ 2,3,4,12,14,15,19,38
Stoves and ranges
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, 38, 39, 40
Tin
22,33
Tires and inner tubes
6, 9, 10, 12, 13, 14, 15, 37
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, 39,40
Zinc.
33
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D.C.
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PAYMENT OF POSTAGE, $30O
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OFFICIAL, BUSINESS
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Survey of Current Business
Volume 39
Numbers 1-6
First-Half 1959 Index
of Special Articles and Features
SPECIAL ARTICLES
No.
Measuring Regional Market Growth—
A Case Study of the Delaware River Area.. .
I
U.S. Industry Expands Productive Capacity of
Foreign Countries
Income Distribution by Size—1955—58.
No.
4
Page
9
Foreign Grants and Credits in 1958. . .
4
17
Public and Private Debt in 1958-59. . ,
5
Rise in Business Population
5
15
Recent Experience of Growth Products.
5
20
11
Review of Transportation Trends
6
5
18
Expansion of Foreign Travel
6
9
Adverse Balance in Foreign Payments.
6
15
Page
10
20
Economic Recovery Under Way—
A Review of 1958
1
Business Anticipation of 1959 Investment and
Sales
Consumer Purchasing and Income Patterns.. . .
Inventories in Postwar Business Cycles
3
3
4
3
FEATURES
No.
1
Employment and Earnings
Page
2
Business Recovery Mirrored in National Income
and Corporate Profits
No.
Pane
National Income and Product in the First
Quarter 1959
5
2
Capital Investment Expands
6
2
Payments Excess in International Trade Continues High
Newest Supplement (November 1958)
U.S. INCOME AND OUTPUT. 241 pages, $1.50
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