Full text of Survey of Current Business : March 1953
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U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY
OF CUMBENT
BUSINESS
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Vol. 33 M . 3g >& No. 3
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M A R C H 1953
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DEPARTMENT OF COMMERCE
FIELD SERVICE
Albuquerque, N. Mex.
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Memphis S, Tenn.
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Baltimore 2, Md.
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Milwaukee 2, Wis.
Boston 9, Mass.
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Minneapolis 2, Minn.
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Mobile 10, Ala.
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PAGE
••OTE' BUSINESS SITUATION
1
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.Recent Trends in Manufacturers' Orders , .
- . 1953 Investment Programs Increased . . . .
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- •' -
The Balance of Payments in 1952 . . . , « .
United States Foreign Aid in 1952
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13
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MONTHLY BUSINESS STATISTICS . . S-l to S-40
- New or Revised Statistical Series . . . . . . 20
Statistical Index . . . . . . . Inside Sack Cover
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MARCH 1953
By the Office of Business Economics
H,
Metal Consuming Industries
New orders have been about equal to sales
in recent months
BILLIONS OF DOLLARS
12
NEW ORDERS
+SALES
I960
1951
1952
1953
Ratio of unfilled orders to monthly sales still
far above pre-Korean rate
LIGH level stability has characterized the national
economy ^ during the opening quarter of the year. The
national income and product have remained steady at rates
somewhat above the fourth quarter 1952 when much of the
output lost during the steel shutdown was being made up.
Personal consumption, fixed business investment and
Government purchases of goods and services appear currently to be absorbing a larger share of the national product
with the result that the flow of additional goods into inventory has been greatly reduced. The rebuilding of metal
products stocks was a major influence in the inventory
increase of late 1952.
The progressive removal or relaxing of price and materials
controls has been accompanied by few disturbances in commodity markets. This signifies that there are not many
instances where supplies are substantially below demand.
The most pronounced price movements have occurred in
markets for farm products where surpluses, partly seasonal
in character, caused price weakness and required supporting
measures by the Government.
Material controls were relaxed in February when the
National Production Authority authorized producers of
controlled materials to accept "unrated" orders for any free
capacity they might have. The effects of this "openending" of CMP will depend upon the available productive
capacities relative to demand for the various types of steel,
aluminum, copper, and brass products. In the months ahead
there should be additional quantities of these materials available for distribution.
Civilian materials controls to lapse
ELECTRICAL
MACHINERY AND
EQUIPMENT
TRANSPORTATION
EQUIPMENT
MACHINERY,
EXCLUDING
ELECTRICAL
FABRICATED METAL
PRODUCTS
NOTE: DATA ARE SEASONALLY ADJUSTED
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
yr~r*T^F~7
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53-34
The Controlled Materials Plan is to remain in effect until
June 30. At that time all materials controls over civilian
production and construction will be terminated. At the
same time, CMP is scheduled to be replaced by a new system
of controls known as the Defense Materials System whose
regulations will assure producers allotments of materials
required for defense production and construction.
Since the lifting of price controls on a broad assortment of
producer and consumer goods, most market prices are now
free. By mid-March only 5 percent, as measured by base
period market value, of the 2,000 or so commodities included
in the Bureau of Labor Statistics wholesale price index were
still under control by the Office of Price Stabilization. Steel
mill products, machine tools and certain other fabricated
steel products, sulfur and sulfur chemicals are the most
important of these. With regard to consumer goods, all
price controls have been removed.
Prices of most commodities after being freed from control
have shown little change up to mid-March. Some increased.
Copper rose most as domestic quotations moved closer to
SURVEY OF CURRENT BUSINESS
the world price. Other prices, such as lead and zinc, declined as decontrol occurred at a time when supplies were
increasing.
Farm price adjustments
Prices received by farmers continued to decline during
January and early February and also dropped further below
parity, but firmed somewhat in late February and early
March. As of mid-February, farm product prices were off
9 percent from February 1952 and stood 6 percent below
parity. This price decline means lower raw materials costs
for processors of farm products, especially food, and cotton
textiles. In some cases—notably meats—lower consumer
prices resulted. It can also mean, however, loss of income
for farmers if the larger quantities marketed are more than
offset by their lower prices and by relatively higher costs of
farm production.
Weakness of farm product prices in late 1952 and the early
weeks of this year is chiefly ascribable to the larger quantities
marketed and in some cases also, to the shrinkage of foreign
demand. These price declines reflected the adjustment of
the supplies resulting from the record-breaking large farm
output of 1952 to current demands for farm materials.
During the course of the farm price decline, many major
commodities fell to (or slightly below) support prices and
this brought an increase in price support operations. Large
quantities of basic commodities such as cotton, corn, and
wheat have been placed under loan while others, such as
butter and cheese, have been purchased outright. As support operations have continued and some easing has taken
place in the movement to market, farm product prices firmed
appreciably between mid-February and early March.
March
January sales of durable goods stores, seasonally adjust et
were 3 percent above December and the highest since tt
advance buying wave which culminated at the beginning c
1951. All major groups participated and showed gains froi
December; hardware stores, motor vehicle dealers, an
household appliances including radio stores registered the mos
decisive gains from the fourth quarter.
and
. ,
Sains by
major store groups are we!S
above et year ago —< with prices -generally
steady or lower
, .
INDEX, DEC, 1051^100
140
ALL RETAIL STORES
120
100
^PRICES
80
140
I I I I I I I I ! I ! I I I I I I I I I I I I I I I I I i
DURABLE-GOODS STORES
120
Personal income still rising
The flow of personal income in the first quarter is well
above that of the fourth quarter of 1952. The January total,
at a seasonally adjusted annual rate of $280.5 billion, was
only fractionally above December but was up $3.5 billion or
one percent from the fourth quarter average.
Major factors underlying the continuation of the income
rise were moderately higher employment, on a seasonally
adjusted basis, and the further rise of average hourly earnings of employees. In addition there wrere small increases in
nonfarm proprietors' income, as well as in rents and in
transfer payments.
The increase in employment was particularly marked from
January to February when a half million more persons were
engaged in nonagricultural pursuits. Total nonagricultural
employment of 55.6 million exceeded February 1952 by 1.9
million, while unemployment was 0.3 million lower.
IOQ
80 1 I I I... I... | | I. 1 I I l l | | I I I I I I | I I I I . 1 I | I
120
FOOD GROUP
100
80
| 1 I ! I I I I | | II I I I t > I ' ' I I ..I.. I ' ' ' ' ' '
120
APPAREL GROUP
Retail distribution large
100
Sales of retail stores, on a seasonally adjusted basis, have
continued high in the early months of the year. Although
January sales were one percent below the December high,
they were above any other preceding month, and preliminary
data indicate the maintenance of the January sales rate
during February.
A part of the sales dip from December to January was due
to lower prices, especially for food and apparel. Since sales
in January 1953 were nearly 10 percent above those of
January 1952 while retail prices averaged 1 percent lower,
it is clear that retail distribution has commenced this year in
substantially heavier volume than a year ago.
80II I I I I J I I I I I I t | I I i I t | I I I I \ \ I I I
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January sales of nondurable goods stores, although down
somewhat from December and fourth quarter figures, were
large and well above any former periods. Drug and proprietary stores and gasoline service stations made the best
March 1053
SURVEY OF CURRENT BUSINESS
showing relative to December and general merchandise
stores the poorest.
Durables aided by credit
Sales of durables were aided in January by the continued
expansion of instalment credit above the year-end total.
This expansion, although small, was unusual and contraseasonal. It was accounted for by a substantial rise in
instalment credit extended by automotive dealers and a rise
in cash instalment loans, chiefly by commercial banks. Retail purchasers have thus started the year by adding to their
stocks of durable goods but have incurred larger instalment
debt in so doing.
Production moves higher
Commodity production in the first three months of this
year is continuing moderately upward, paced by the steel,
construction, and automobile industries. The activity of
these three basic industries is suggestive of the high rate at
which the Nation's business economy has worked in this
opening quarter of 1953. It is to be noted, however, that the
nondurable goods industries have not thus far been so active
as those making durable goods.
From the beginning of the year the steel industry has
operated virtually at its January 1, 1953 capacity of 117.5
million tons under the pressure7 of requirements for defense,
for construction and producers durable equipment, and for
consumer durable goods. Since a further addition to capacity
of about 5 million tons is programed during 1953, the industry
appears capable of supplying a very large tonnage of steel
for civilian use after meeting in full all defense requirements.
-Even without the expected 1953 addition to capacity, continuation during the remainder of the year of the average
operating rate that has prevailed from New Year's day
through the second week of March would yield 116 million
tons or 19 million more than in 1950.
The construction industry, a major consumer of steel, is
also commencing the year at a high rate. Expenditures for
new construction put in place during January and February
totaled $4.5 billion or 6 percent above the same 1952 period.
The decline from last year's fourth quarter rate was considerably less than is usual for the winter season and indicates
that the industry is getting an unusually good start to what
promises to be a year of exceptional if not record-breaking
achievement.
Auto production highest in tivo years
Motor vehicle production has moved with great irregularity since the invasion of South Korea. For the most part
the availability of steel has controlled production movements
in this period, although at its start production was greatly
stimulated by the abnormal demand arising from buyer
fear of future shortages.
The expansion in motor vehicle production, which began
following settlement of the work stoppage in the steel mills
last summer has continued into the current quarter.
Completions had exceeded the prestrike rate as earl}7 as September and in the fourth quarter hit close to 1.7 million cars
and trucks (see chart).
On the basis of production for January and February and
projected schedules for March the industry in the current
quarter is expected to turn out 1.5 million passenger cars
and 350,000 trucks for a total of 1,850,000 units, up nearly
200,000 from the fourth quarter of 1952 and 560 thousand
above the year-ago volume. This production performance
would represent the best quarter since the April-June 1951
period. It would virtually equal the quarterly average rate
of the first half of 1950, "but still less than the peak rate
reached in the third quarter of 1950.
All of the increase in production in the current quarter as
compared with the October-December 1952 period will be
in passenger cars as assemblies of trucks are expected to
show a small decline. Truck production has been generally more stable throughout most of the postwar period
than was the case for passenger cars.
To achieve the high volume indicated for the JanuaryMarch period, the industry supplemented its allotments of
steel by the continued use of conversion and foreign steel
and by borrowing on the second quarter's allotment.
In addition to the continued strong domestic demand for
motor vehicles and parts, foreign demand for these products
have accounted for a significant proportion of the total sales.
About 7 percent of the total value of United States exports
Motor Vehicle
MILLIONS OF UM1TS
i0
TOTAL MOTOR VEHICLES
\
TRUCKS AND BUSSES
I I I I I I I I I
1929 3! 33 35 37 39 41
ANNUAL TOTALS
47 49
I960 I 1951 I 1952
1953
QUARTERLY TOTALS,
AT ANNUAL RATES
U. S. DEPARTMENT OP COMMERCE. OFFICE OF BUSINESS ECONOMICS
consists of motor vehicles and related products. Factory
sales of motor vehicles to foreign markets in the past two
years averaged close to 7 percent of total production, with
exports accounting for 4 percent of passenger cars and 14
percent of trucks and busses.
The pickup in production in the most recent months has
been accompanied by a considerable increase in the number
of new cars in the hands of retail dealers. However, some
accumulation usually occurs in the early months of the
year, in anticipation of the normally high spring selling
season, and the current buildup is from an exceptionally
low level last summer. In February of this year stocks,
while up substantially from the low^ point of midsummer of
1952 and moderately higher than year-ago levels, were still
low relative to sales on the basis of prewar standards.
On February 1 dealers stocks of passenger cars and trucks
were each considerably less than one month's production.
The number of passenger cars held by dealers and in transit
averaged a little more than 8 cars per dealer. This compares
with an average of nearly 10 cars in May 1951, the high for
that year, and around 11 in June 1950. Thus, it appears
SURVEY OF CURRENT BUSINESS
that dealers are in a position to add to existing stocks so as
to offer car buyers a wider selection of models and colors
during the current selling season. The recent increases in
new car sales have also been accompanied by higher dealer
inventories of used cars.
Large producer of nonautomotive lines
Besides producing motor vehicles and related products,
the automobile industry is also engaged in the production of
such nonautomotive lines as refrigerators, freezers, washing
machines, diesel-electric locomotives, and other products. In
addition, since the outbreak of hostilities in Korea in June
1950 the industry has been producing for defense economy.
Mnrcli
Hence, total production and emplo3Tinent in the industry
have been less closely tied to motor vehicle production than
is normally the case.
On the basis of shipments data submitted to National
Production Authority by the metal fabricating industries
it is estimated that shipments against military and other
related orders in 1952 accounted for approximately one-fifth
of total shipments of the automobile industry. In a recent
labor market study by the Bureau of Labor Statistics it was
estimated that roughly 22 percent of employees in the
automobile industry in November of 1952 were engaged in the
production of defense and related lines. Despite the rise of
defense production, sales to the civilian market still constitute
by far the greater proportion of the total.
Recent Trends in Manufacturers' Orders
T,
HE high rate of manufacturing output in recent months
has generally been matched by the rate of incoming orders.
Backlogs, as a consequence, have held at about $73 billion
since last November—as compared to an average of $75
billion in the third quarter of 1952. The volume of orders
to be filled is now three times as large as in the early part of
1950.
The moderate decline in unfilled orders from last September was in part due to seasonal influences and to cancellations
of some orders as a result of rescheduling of several armament
programs. Movements in recent months, however, point
to a flattening out in the trend of manufacturers' backlogs,
after an almost uninterrupted expansion in the 27 months
following the Korean outbreak.
machinery industry is currently higher than a year ago
while for other major durable-goods industries it was slightly
below January 1952 rates.
Variations in backlogs
As rioted earlier, the rise in shipments over the past year
has tended to lower slightly the average number of months
of sales represented by the volume of unfilled orders on hand.
In order to derive some insight into the varying experience
within this average, a special tabulation was made covering
the transportation equipment, electrical machinery, and
nonelectrical machinery fields. These industry groups held
more than two-thirds of all manufacturers' unfilled orders
at the beginning of 1953.
Defense and civilian backlogs about equal
The shift from continuous growth of unfilled orders to
relative balance between now orders and deliveries is primarily an indicator of the progress of the defense mobilization
program.
Although it is difficult to ascertain how much of the
current backlogs on books of manufacturers represented
defense contracts, available information indicates that the
latter accounted for roughly half the total. Defense contracts outstanding have been on a plateau in recent months
as have total unfilled orders.
Unfilled orders steady
The recent cessation of advances in unfilled orders has not
resulted from any shrinkage in new orders for producers of
either durables or iiondurables. New business expanded in
early fall and has since held relatively firm.
Total outstanding commitments for durable goods in
January were $7.5 billion more than in the corresponding
month a year ago. Transportation equipment and electrical
machinery producers accounted for all of this rise in backlogs.
Relative to sales in the respective periods, however, backlogs
are now equivalent to 6 months of shipments, or just under
the vear-ago rates. The backlog-sales ratio for the electrical
Table 1.—Manufacturers' Unfilled Orders and Unfilled Order-Sales
Ratios, by Major Durable-Goods Industries
Unfilled orders (billions of
dollars)
Industry
Ratio of unfilled orders to
seasonally adjusted sales
(number of months)
Jan. 1950 Jan. 1952 Jan. 1953 Jan. 1950 Jan. 1952 Jan. 1953
All durable goods
Primary metals
Fabricated metals
Electrical machineryOther machinery
Transportation equipinen t
Other durable goods
_
19.2
3.8
2.5
2.8
3. 1
4. 1
2.8
63.5
8.1
5.9
9.0
12.2
22.2
0.0
70.0
8.0
5.8
11.5
10.1
28.5
6.1
2.7
2.9
3. 3
4.1
2.8
2.6
1. 7
5.8
4.1
4.8
8.5
5. 9
9. 7
5.7
3.8
4.1
9.6
4.8
9.4
2.4
Source: U. S. Department of Commerce, Office of Business Economics.
At the start of this year unfilled orders held by almost
one-half of these companies were about the same or higher
than a year earlier. Sales of most concerns, however, rose
during 1952 and as a result backlog-sales ratios for the
majority were lowered. As can be seen in table 2, the
ratios of 65 percent of the companies were reduced by more
than 10 percent during 1952, while only slightly more than
one-fifth of the firms reported increases of over 10 percent.
It may be noted however, that current backlog-sales ratios
March 1953
SURVEY OF CURRENT BUSINESS
for the bulk of these companies are far in excess of their
early 1950 rates.
There were divergent industry trends within the group of
^machinery and transportation equipment companies. The
relative dispersion of companies according to changes in
their backlog-sales ratio between the beginning and end
of 1952 was more favorable for electrical machinery producers
than for nonelectrical machinery and transportation equipment companies.
Transportation equipment new orders rising
At the end of January, backlogs of the transportation
equipment group aggregated $27 billion—almost entirely
defense contracts. The January total was $1.5 billion
below last September, but some $5 billion above January
1952.
The ratio of unfilled contracts on hand to sales in the
transportation equipment industry at the end of January
was 10 months, or about the same as last January. Since
many of the contracts placed with this industry involved
long blueprint, tooling-up and production periods, it was
not until September 1952 that deliveries were made in
quantities even approaching the volume of new orders.
During the fall the expansion in shipments was a little
larger than the rise in new orders, but by late winter the
two were in balance.
The aircraft sector shows the highest average ratio of
unfilled orders to sales—about 30 months. However, this
industry has begun to cut into its high backlog. For more
than one-half of the reporting firms, the volume of business
on hand was lower relative to sales at the end of 1952 than
~i year earlier, while only a fourth had increases of more
than 10 percent in unfilled orders-sales ratios.
For other transportation equipment producers except
motor vehicles current backlogs equal 8 months of sales—a
decline of 4 months from early 1952. Few companies have
increased their ratios of backlogs to sales over the past year.
Machinery backlogs still high
Unfilled orders of machinery producers aggregated more
than $21 billion at the end of January, about the same as in
January 1952, and $15 billion higher than in the immediate
pre-Korean period. A large portion of this total is currently
in defense contracts, but civilian goods—both producers'
and consumers'—constitute an important part of the business
in this area. Since the production periods for these companies are generally shorter than those in the transportation
equipment group, machinery deliveries began to match the
inflow of new orders early last spring.
N ew orders for machinery have shown considerable
strengthening in the late fall and winter. The firmness
stemmed primarily from the electrical machinery sector
where new orders have moved up relatively more in recent
months than any other major industry. Late winter backlogs of outstanding contracts held by electrical machinery
producers are now back to the October high of $11.5 billion.
This total represented nearly 10 months of sales at current
rates, as compared with 8.5 months a year ago.
In addition to sizable defense business, orders of electrical
equipment producers have benefited from the rapidly expanding electronics field, the opening of new television stations, as well as from the autumn upturn in consumer demand for television receivers and electrical appliances.
Producers in the radio, radar, television, and other communications equipment group received new orders totaling about
4 percent more in 1952 than a year earlier. In spite of in
creasing deliveries, backlogs rose by a third from the beginning of 1952 to early this year. The rise brought the
January ratio of backlogs to sales to 13 months.
Manufacturers of electrical generating and transmission
equipment have shown about the same orders and sales pattern as the commimicatioiis group. The January average
backlog ratio was nearly 12 months as compared with a little
less than 8 months a year ago.
For other electrical machinery producers, orders on hand
represented about 6 months of sales. About a third of the
reporting companies improved their order-sales position at
the beginning of 1953 over early 1952, while about half
showed some deterioration in this ratio.
Industrial machinery backlogs reduced
A somewhat different pattern of orders trends is found
among manufacturers of metalworking, special, and general
industrial machinery. New orders in this industry reached
a high in late 1951. Since then, the value of new business
received has moved* down moderately, while deliveries have
been sharply expanded.
As a result, industrial machinery backlogs which reached
a peak of 9 months of sales in February of last year now repTable 2.—Unfilled Orders Position of Machinery and Transportation Equipment Companies
[Percentage of companies]
All com- Electrical
panies machin-
Changes in unfilled orders Jan. 1, 1952, to Jan.
1, 1953:
Increases of more than 10 percent.. ..
(+) 10 percent to (— ) 10 percent
Decreases of more than 10 percent. . ...
Changes in ratios of unfilled orders to sales, Jan.
1, 1952, to January 1, 1953:
Increases of more than 10 percent
(+) 10 percent to (—) 10 percent
_ ._ Decreases of more than 10 percent
__ _ _
TransOther
macbin- portation
equipment
29.7
17.1
53.2
45.8
11.9
42.4
17.8
10.4
62.8
50.7
14.9
34.4
20. 5
26.3
26.3
47.4
17.8
11.5
70.7
19.8
9.X
70.4
14.4
65. 1
Source: U. S. Department of Commerce, Office of Business Economics.
resent 7 months of current sales. The pre-Korean ratio of
unfilled orders to sales, it may be noted, was only 3 months.
Only one-sixth of the companies have maintained or increased their unfilled orders-sales position. These firms were
more usually manufacturers of special industry machinery.
While declining backlog ratios were characteristic of all
segments of the industrial machinery industry, machine-tools
producers reported the largest decreases. Unfilled-order
ratios of machine-tool companies have been about halved
from the beginning of 1952, although they are still close to 10
months of shipments. Deliveries, it may be noted, are now
double their year-ago rates,
Commercial machinery orders rising
In the nonindustrial machinery field—equipment and appliances for agriculture, construction, offices, stores, services,
and homes—overall orders trends have been similar to those
in industrial machinery. Exceptions are office and store
machinery and household and service equipment where the
growing availability of all types of metals for civilian use and
the lifting of commercial construction controls have resulted
in recent expansion of both orders and deliveries in these
fields. Unfilled orders for household and service machinery
have reached new hidis.
6
SUEVEY OF CURRENT BUSINESS
March 3955
1953 Investment Programs Increased
B,
BUSINESS has scheduled expenditures for new plant
and equipment during 1953 at a continued high rate, according to reports submitted between mid-February and midMarch to the Office of Business1 Economics and the Securities
and Exchange Commission. Nonfarm producers have
programed capital spending this year at $27.0 billion, as
compared to $26.5 billion last year, and $25.6 billion in 1951.
Capital goods prices are currently only slightly above their
average for the full year 1952 and have shown little change
in recent quarters. It thus appears that the 1953 programs
now contemplated represent a high year not only in dollar
terms but also in physical volume of additions to productive
facilities.
Public utilities have scheduled 1953 expenditures at $4.4
billion, or 14 percent higher than in 1952. Mining companies
and nonrail transport companies expect more moderate increases. Manufacturing companies are planning 1953 outlays of $12 billion, about equal to expenditures made last
year. Anticipated additions of $1.3 billion by the railroads,
on the other hand, are down 7 percent from last year.
Investment programs now higher
Programs reported for 1953 in the current survey corroborate and reinforce the finding in a similar survey con-
ducted last October that business was planning another high
year of new plant and equipment expenditures. Present
programs are 5 percent higher than those reported earlier—
with almost every major industry contributing to the
increase.
While it is not possible to determine precisely the factors
which raised the 1953 expenditure projections between the
two survey periods, the higher current programs may reflect
the sizable expansion in business activity in the interim
period and the greater completeness of 1953 programs now
as compared to those available last October.
Investment during 1953
The quarterly survey indicates that new plant and equipment expenditures are scheduled at seasonally adjusted
annual rates of $27.5 billion and $28.1 billion, respectively, in
the first two quarters of this year. Additions to productive
facilities in this period, if realized, would be 4 percent higher
than the rate in the first half of 1952, and 6 percent higher
than in the strike-affected second half of last year.
The scheduled capital spending of $27.8 billion (at seasonally adjusted annual rates) in the first half of this year
implies an annual rate of fixed investment of some $26.2 billion in the last half of 1953. However, past experience with
Table 3.—Expenditures for New Plant and Equipment by United States Business, 1951-53 1
[Millions of dollars]
1951
1951
All industries
Manufacturing
Mining. ..
Railroads
-
_
Transportation, other than rail
Public utilities
Commercial and other 3
1952
1952
1953
1953 2
I
II
III
IV
I
II
III
IV
12
112
25, 644
26, 455
26,991
5,465
6,502
6,505
7,173
6,141
6,808
6,244
7,265
6,541
6,968
10, 852
929
1,474
11, 994
880
1,391
12, 039
910
1,294
2,157
194
294
2,743
242
394
2,738
241
354
3,214
252
432
2,650
217
360
3,156
228
386
2,820
206
289
3,367
229
357
3,028
208
335
3,163
213
396
1,490
3, 664
7,235
1,363
3,838
6,989
1,380
4, 338
7,000
354
729
1,737
415
897
1,811
375
983
1,814
346
1, 055
1,874
356
821
1,737
372
928
1,738
302
947
1,680
335
1, 142
1,835
304
1,030
1,636
315
1,199
1,682
Seasonally adjusted at annual rates
[Billions of dollars]
AH industries
Manufacturing
Mining
Railroads .
„
_
_
Transportation, other than rail
Public utilities
Commercial and other 3
i
'
i
1
23.74
25.47
26.49
26.56
26.72
26.58
25. 49
26.96
27. 54
28.07
9.59
.82
1.28
10.63
.96
1.47
11.30
.96
1.52
11.69
.96
1.60
11.78
.93
1.56
12.24
.90
1.44
11. 64
.83
1.24
12.23
.87
1.32
12.78
.84
1.31
12.99
.84
1.48
1.43
3.39
7 23
1.52
3.62
7.27
1.58
3.85
7.28
1.43
3.73
7.15
1.44
3.82
7.19
1.36
3.75
6.89
1.27
3.71
6.80
1.38
4.04
7.12
1. 23
4.55
6.83
1.16
4.84
6.76
1. Data exclude expenditures of agricultural business and outlays charged to current account.
.>„,! second
„„_,* quarters
~.,_4._~ of
~t 1953
-, nro and
„„ ,1 for
,„_ year
„__ 1953
„ nro are
„__ i)
2. Data for the first and
based
on anticipated
anticipated expenditures
expenditures reported by business between mid-February and mid-March. In addition to seasonal
asc(i on
adjustment, the quarterly data are adjusted when necessary for systematic tendencies in anticipatory data.
3. Data include trade, service, finance, communication and construction.
Sources: U. S. Department of Commerce, Office of Business Economics, and Securities and Exchange Commission.
these anticipatory surveys have indicated a tendency for the
latter part of the year (as well as the year as a whole) to
be understated relative to the earlier months of the year due
to the lesser completeness of future plans as compared to
near-term programs.
1. In order to provide SURVEY readers with new information as quickly as it becomes
available, this analysis presents only the highlights of the current survey of business capital
budgets. A more detailed analysis of 1953 investment programs, as well as the results of the
associated survey of businessmen's 1953 sales expectations, will be presented in the April
SUEVEY. It may be noted that the estimates presented here are based on more complete
data for 1951. Earlier estimates are not affected by this revision.
Considering for this factor, it would appear that the anticipated rates of fixed investment in the halves of 1953 are not
significantly different.
Manufacturers'
1953 programs
The maintenance of 1952 rates of fixed investment expected
by manufacturers in 1953 reflects the offsetting effects of
(Continued on page 19)
by Walther Lederer
The Balance of Payments in 1952
JL HE improvement in the financial position of foreign
countries, which was indicated by the international transactions of the United States during the second and third quarters of 1952, continued in the last quarter of the year. During these nine months foreign countries were able, through
their transactions with the United States, to raise their holdings of gold and dollar assets by nearly $1.6 billion. These
gains helped to bring total foreign gold and liquid dollar
resources (excluding those of the International Bank and the
International Monetary Fund) to over $20 billion by the end
of 1952, almost the same amount as at the end of 1945, the
previous peak.
activity between this country and Western Europe could
ordinarily be expected to raise the demand for imports here—
and at the same time increase European incentives to export
to this country. Several factors, however, accentuated the
normally to be expected effects on international transactions
of these differences in the movement of production.
Table 1.—Summary of the United States Balance of Payments,
July 1950-December 1952
[Millions of dollars, quarterly totals or rates]
Line in
table 2
July
1950June
1951
JulyDecember
1951
Foreign countries earned from the
sale of goods and services to the
United States
16
3,685
Foreign countries obtained total
goods and services from the
United States valued at
g
Less those furnished under
military aid
20
Foreign reserves continue to increase
Although foreign countries continued to add to their gold
and dollar holdings in the fourth quarter, a rise in the United
States export balance on goods and services from the third to
the fourth quarter was largely responsible for a decline in
)ld and dollar transfers from $765 million to $395 million,
he export rise must be attributed, however, mainly to
seasonal and temporary factors, such as the upswing in
^agricultural exports and, to a lesser extent, the rise in ship^Aients of steel and steel products—the latter having been
curtailed during the previous quarter because of the steel
strike. In addition, income on investments advanced to the
usual seasonal peak in the last quarter of the year.
Table 1 indicates in simplified form the basic features and
trends of the balance of payments since the middle of 1950.
Although substantial progress toward a better balance
in international transactions has been achieved since the
first quarter of 1952, net foreign purchases of goods and
services here in the fourth quarter of 1952 were still larger—
by an annual rate of $500 million—than the amount of funds
currently earned by foreign countries from United States
imports or supplied by private United States investments and
remittances.
f
United States exports decline
Several factors contributed to a decline in United States
exports, which was the major reason that foreign countries
were able to reduce the imbalance in their transactions with
the United States during 1952.
First, business activity in the United States expanded
faster than in Western Europe in contrast to all other postwar
years, when the rise from each year to the next was greater
abroad than in the United States. Europe's faster advances
in the earlier years represented, of course, recovery from the
unduly low levels of production which prevailed immediately
after the war.
The index of industrial production in the United States
^during the last quarter of the year averaged about 5 percent
*higher than during the first quarter. The rise in industrial
production in Western Europe was only approximately half
as much. This relative difference in expansion of industrial
NOTE—MR. LEDERER IS A MEMBER OF THE BALANCE OF PAYMENTS DIVISION, OFFICE OF BUSINESS ECONOMICS.
19 52
I
II
III
3,603
3,867
3,867
3,911
4,083
4,324
5,284
5,347
5,322
4,604
5,428
IV
294
374
440
589
616
949
Other goods and services purchased in the United States
4,030
4,910
4,907
4,733
3,988
4,479
Thus, foreign net expenditures on
goods and services (excluding
those furnished under military
aid) were
345
1,307
1,040
866
77
396
To finance these net purchases,
foreign countries had at their
disposal the following amounts
of dollars received from United
States sources:
Investments in United States
controlled enterprises abroad.
173
134
180
372
75
84
Other private loans and remit- \ 18, 25, } 348
tances
J
26
227
151
241
21
187
Government economic grants,
19, 21,
other transfers, and loans 1
i 816
1f 97
£it, 90
ZO J
(net)
746
557
860
768
303
888
1,473
864
574
24
Total foreign dollar receipts
from investments, gifts, and
loans
1,337
1,107
Thus, known foreign dollar receipts exceeded (+) or fell short
(— ) of known foreign dollar
expenditures by
+992
-200
-152
+607
+787
+178
However, unaccounted-for transactions required (— ) or supplied
(+) additional dollar exchange of-
35
—105
—100
-230
-203
-22
+217
So that foreign gold and dollar
assets increased (+) or declined
( — ) by these amounts
34
+887
-300
-382
+404
+765
+395
The textile industry, which underwent the relatively
greatest decline in output abroad, depends to a large extent
upon raw materials from the United States, so that the
impact from the change in its activity was directly transferred to United States exports.
Also, the decline in demand for coal from the United
States may in part be ascribed to the failure of industrial
production in Western Europe to maintain the previous
rate of expansion while coal production there continued to
7
SURVEY OF CURRENT BUSINESS
8
Table 2.—Balance of Payments of the United
[Millions of dollars]
All areas
March 1953
Dependencies 2
Western Europe *
J
M
-•^
Line
No.
1952
Item
4
6
6
7
Exports of goods and services:
Merchandise, adjusted
Transportation
Travel
Miscellaneous services:
Private
Government
- Income on investments:
Private
Government
Total
8
9
10
11
12
13
14
15
Imports of goods and services:
Merchandise, adjusted
Transportation
_
Travel
Miscellaneous services:
Private
Government
Income on investments:
Private
Government
1952
1951
II
I"
1
2
3
1952
1951
IVi>
III'
1C51
Year
15, 485 4,177
392
1,487
102
420
4,088
375
141
3,436
289
160
4,158
317
109
15, 859
1,373
512
623
211
160
94
155
109
154
104
154
116
623
423
1,800
192
393
29
440
14
420
41
458
116
1,711
200
20,218 5,347
5,322
4,604
5,428
11,668 2,962
245
933
132
722
2,844
276
203
2,689
276
343
249
1,084
62
377
62
373
351
47
77
12
II
I'
IIP
I
Year
IV*
1,083
131
13
1,669
142
9
5,574
649
43
273
133
69
72
68
46
66
35
66
53
269
206
(*)
150
163
36
23
38
5
39
29
36
106
149
163
102
(•)
23
30
22
28
103
20,701
6,839 1,851
1,725
1,396
2,081
7,053
682
191
197
158
176
722
3,024
254
145
11, 519
1,051
823
2,175
463
188
552
120
22
546
157
75
522
150
103
641
126
42
2,261
553
242
1,056
19
45
303
6
16
293
7
12
192
7
13
254
7
10
1,042
27
51
65
439
64
472
253
1,661
206
362
50
137
51
135
54
157
53
171
208
600
97
12
79
20
104
20
357
64
263
14
59
4
60
4
58
8
69
8
246
24
504
61
7
(•)
(*)
29
2
1
1
(*)
3,867
3,911
4,083
15, 728
3,671
944
1,028
1,052
1,110
4,134
1,157
5,164 1,480
1,455
693
1,345
4,973
3,168
907
697
344
971
2,919
-475
-415
-192
-62
-196
19
20
21
-2, 969 -387
-1,402 -440
-70 -30
22
Total
-4,913 -953
23
Balance on goods and services
and unilateral transfers (balance for "all areas" equals net
foreign investment) .
251
-103
-122
-44
40
-47
-615
-589
-35
-538
-616
-31
-364 -1,904 -2, 192 -286
-949
2 594 -1,111 -358
-34
7
11
-130
461
-498
-422
-475
-5
-1,333 -1,288 -1,469 -5,043 -3,484 -695
-1,009
-949
-312
-605
527
122
-595
-124
-70
27
28
29
Total
30
31
32
Foreign capital (net, outflow
(-)):
Long-term:
Transactions in United
States
Government
bonds.
Other investments
Short-term
33
Gold sales (purchases ( — ))
7
274
-378
34
Balance on foreign capital and
gold.
442 -382
404
765
395
1,182
35
Transfers of funds between foreign areas (receipts from other
areas (— )) and errors and
omissions.
536
203
22
' Less than $500,000.
Revised.
-889
18
1
-15
232
-74
—4
W
10
(«)
17
1
1
(•)
333
3
(*)
(•)
549
50
10
(-)
84
4
3
1
1
290
-114
-4
1,211
-489
-4
-15
(«)
-1 (")
-16
-491
(•)
(«)
-3
-168
-4
-140
-372
-88
-59
-75
50
32
-84
-23
-42
-711
-120
-65
-78
31
44
12
2
23
-18
-39
12
-21
5
20
-32
15
-22
-18
-140 -141
1
-23
-187
-23
-187
-12
106
-11
-409
-45
117
-64
-3
-100
15
-81
12
132
-4
-113
20
-18
-3
-2 (•)
-729
-192
-54 -1,350
107
-30
-130
-79
121
-118
-20
-688
145
1,038
8
14
54
228
304
172
—4
498
35
669
91
-198
115
1,141
-53 -555
-104
230
Preliminary.
-217
238
(•)
-4
-78
(•)
-4
-118
-15
-504
-109
16K
10
7
34
39
90
127
178
0
58
-30
220
31
453
56
-92
57
639
-295
-549
1
225
199
519
228
243
165
-99 -481
308
299
-165
-5
9
-4
7
1
-1
12
1
-1
13
-2
-24
(«)
—1
4
10
-7
7
9
-5
—1
1
1
15
1
28
2
78
(«)
4
(-)
39
2
3,
I
-30!
(•)
14
12
2
1
1
1
34
2
465
16
2
17
30
38
87
542
495
162
113
55
73
403
-321
7
1. Western Europe includes the OEEC countries, Finland, Spain, and Yugoslavia.
increase. Favorable weather conditions and the increasing
use of other sources of energy were additional factors reducing the consumption of coal. The decline in coal exports
to Western Europe from 3 million tons per month during
the last half of 1951, to a 1-million ton rate during the last
6 months of 1952 cannot be solely ascribed, therefore, to
higher coal production abroad, which accounted for only 1
million tons of the difference. Reduced coal shipments from
the United States over that period resulted in a decline in
foreign dollar expenditures, including those for shipping, by
about $200 million. This was approximately 15 percent
of the decline in the export surplus on goods and services
with Western Europe exclusive of exports under the military aid program.
In contrast to the reduced rate of expansion in industrial
production abroad, the accelerated rise in production and
-184
20
-136
-180
-59
4
-604
-359
-103
-1,229 -375
r
212
-1,155 -3,808
3
C)
(-)
131
12
2
}
United States capital (net, outflow (-)V.
Private:
Direct investments
Other long-term
Short-term
Government:
Long-term
Short-term
__ _
24
25
26
-316
-272 -1,441
-815 -2, 146
-6
-25
356
-165
119
11
3
2
(«)
35
15, 054 3,867
149
13
3
2
(«)
Total
-94
150
14
2
8
Balance on goods and services
-412
Year
1,383
172
13
17
18
IV P
III-
6,327 1, 439
204
756
37
8
16
Unilateral transfers (net, to foreign countries (— )):
Private
-Government:
Economic aid
Military aid
Other
II
incomes here had stimulated imports by the end of 1952 to
the highest volume since the previous postwar peak following the invasion of South Korea. The limited demand
from other countries not only facilitated a rise in imports
from Europe by 20 percent from the last quarter of 1951 to
the same period of 1952, but also permitted increased purchases of raw materials without price rises. The stability
of prices in the face of rising demands by the United States
was in sharp contrast to the period immediately after tb«
invasion of South Korea.
Second, production of wheat in Canada and Western
Europe during the summer months was about 7.4 million
tons higher than during the previous season, and the grain
crops in the southern hemisphere and in East Asia were
also substantially improved. Foreign purchases of American
wheat during the second half of the calendar year in terms
SURVEY OF CURRENT BUSINESS
larch 1953
tates by Areas, 1951, and 1952 by Quarters
[Millions of dollars]
Canada
Eastern Europe
1952
Latin American Republics
III'
II
8
1
1
1
2
5 2,682
71
236
(*)
(i)
4
1
1
I
IV* Year
1
(*)
1
4
(*)
(*)
III' IV* Year
11
786 3,000 3,802 1,016
25 100 328
81
30
61 304 113
725
25
101
82
4
20
23
6
25
2
24
1
92
9
124
21
34
8
401
71
96
(*)
84
121
(*)
372
(*)
748
16
162
3
1
5
18
3
3
7
3
16 3,476
838 1,059
76
10
9
11
9
39 2, 296
107
255
569
24
24
602
21
56
586
22
155
18
24
5
10
5
10
5
17
5
40
63
15
12
3
31
3
15
5
28
5
43 2,778
7
<•> «
6
2
(*)
1
1
82
10
11
12
10
-64
-7
-8
-5
7
-18
-4
_4
0
-4
4
II
1
157
6
772
78
36
800 3, 519
85 339
31 128
3, 208
231
27
1
1
3
1
12
76
176
55
12
164
170
653
19
392
8
96
2
119
2
106
4
102
3
423
11
6
5
970 1,005 4,152
63
20
13
491
27
6
17
2
4
5
783
32
2
9
7
8
2
2
20
77
19
65
5
21
5
22
5
19
5
21
86
16
13
4
3
1
3
1
3
1
3
1
935 3, 589
73 285
48 233
1
2
3
12
13
49
4
5
5
1
11
6
7
21
14
68
8
1
7
9
10
11
25
3
30
12
13
3
3
10
14
15
20
83
6
560
2
178
1
1
li
184 202 219 |
12
4
10
6
2
1
2
2
3,190
825
751
731
758
3, 065
57
6
6
28
7
47
16
798
285
316
239
247
1,087
6
14
7
-7
7
21
17
— 135 -35 -33 -32
38 i
822 3,002 4,119 1,079 1,010 1,051 1,086 4,226
157
196
875 1,033
255
248
-15
-10
—1
-3
i
-6 -41
-9
-9 -14 -13 -45
—5
4
4
531
25
6
805
45
(*)
618
19
5
728
39
3,988 1, 110 1,067
4
2, 515
75
18
331
587
501
27
5
2, 141
98
22
3
2
-520 -73 — 131 -108 -66
-301 -50 -73 -140 -132;
-69 -19 -25 -23 —25!
w
138
18
-378 -240 -21 -16
-395
—92
-3 -20 -60
19
20
21
-50 -35 -21 -22 -128 -1,025 -177 -262 -303 -261J -1,003 -241 -21 -16 -3 -20 -6
q -10 -13 -39
205 213
23 459
-227
18
108
54 -64 -14J
84 -235
-7
22
-\
R
-4
-4
-3
-4
-15
-16
-3
—3
-5
-3 -14 -126
-69
-11
-12
-8
-11
-42
682
188
328
152
193
-43 -203
-48
-6
25
6
-68
37
-6
-3
-2
(*)
-63 -377 -187 -66 -112
9 —8
29
11
20 -139 -80 -115
i -6 -85 -10
—1
(*)
-39
-60 -371 -383 -146 -224 -13
907
770
53
6
17
54
66
861
732
44
17
60
859
66
54
C)
805
64
9
20
48
191
-2
901
70
5
22
14
647
-2
3,161
270
27
III' IV*> Year
77
53
698
—6
II
I
123
32
-27
(*)
Year
II
30
8
908
76
65
-17 -7
-63 -32 -18
i
-2
-8
III' IV*
I
30
683 2,440 3, 533
88 269
21
40 275 216
13
(*)
931
962 1,018 3,877 5,152 1,334 1,258 1, 090 1,131 4,813
(*)
(*)
III' IV * Year
II
819
30
85
1
(*)
I
Line
No.
1952
1951
1951
670
20
57
1
5
International institutions
1952
1951
1951
I
All other countries
1952
1952
1951
9
— 6 -25
-2 -53
—a
23
i
j
;
1
16
1
17
(*)
(*)
-1
0
1
-1
0
-271
-1 —220
53
(*)
(*)
2
-1
1
4
-2
1 -444
0
(*)
-5
(*)
(*)
-66 -206
-12
9
29
-5 -195
9
35
1-39
(*)
-5 -59
-167
1
-2 -385
-63 -90 -51 -24 -28|
-56
11
11 -2|
-73
37
39
26 — 5j
-193
-9 -153
97
-6 -51 -11 -59 -117
(*) (')
- - (*)
-63
-42 -19;
6 -40 ; -23
-'j
-341 -129 -126 -52 -61 1
-199 -12
-2
-368 -165J
-8 -53
-10 -19J
-4
li
12
9
30
2
i
l!
97 j
1
-43
6
48
31
32
-142
-2
— ll
-1
-6
-2 -60 -123
24
25
26
27
28
29
j
1
,
i
-1
-11
2
-1
-1
-1
1
3
-2
-12
-4
-2
4
-2
15
14
4
12
-554
-3
6
11
-8
535
-8
15
2
-3
—7
-25
10
182
19
159
20
176
-1
28
44 -135
-1
219
38
11
83 -99
2
12
-3
5
47
2
-9
124
-5 -95
71
331
34
8 -46
1
-1
0
86
-4
A
,
-2
-1
-8
1
12
170
454
0
119
2
0
32 -42
1
15
3
124
36
-63
80
0
9
4
4
65
115
3J
i
2
26
4
-4!
4
4
33
-6 -34
32
95^
-26
67
34
406J
30 -83
99
95
35
24 \ (*)
>
-4
45 -213
-132
-304
68
-181
-204 -821
-67
SS
57 -93 -86 -189
534
117
34 -96
22 -39
2l!
121
50
54 i
163
155
49
1
1
2. Dependencies include Spanish dependencies.
Source: U. S. Department of Commerce, Office of Business Economics,
of tons, were 28 percent below those a year earlier. For
the whole year, exports were smaller than in any other
postwar year except 1950.
Third, changing inventories of American products in
foreign countries also influenced our exports. Inventories of
manufactured goods as well as raw materials such as cotton
and tobacco accumulated during the period of heavy exports
from this country which lasted until the middle of 1952.
The lower exports during the second half of the year may
reflect either a decline of foreign purchases for inventory
purposes or, in some instances, inventory liquidations to
meet current demands.
NOTE.—Basic data for the years 1946 to 1951, in addition to detailed explanations of the
methods used in estimating balance of payment data may be found in the Balance of Payments 1949-51 supplement to the SURVEY OF CURRENT BUSINESS, published in November
1952 and available at $1.25 at the United States Government Printing Office, Washington 25,
D. C., or Department of Commerce Field Offices.
Not only were cotton stocks large in consuming countries
relative to current utilization at the middle of 1952, but
substantial stocks had also accumulated in other producing
countries. At the end of the second quarter of 1952 cotton
stocks in the United Kingdom amounted to nearly 14 months'
consumption as compared with 6.7 months' supplies a year
earlier.
Fourth, tightened exchange controls reduced purchases in
the United States, particularly by Brazil and to a lesser
extent by the sterling area countries. Exports to Brazil
alone declined from an annual rate of $748 million during
the first half of 1952 to $336 million during the last quarter.
The effect of exchange controls upon exports to the sterling
area are less certain, since indirect controls, such as credit
restrictions, and declining incomes resulting from reduced
SURVEY OF CURRENT BUSINESS
10
March 195
Table 3.—Balance of Payments of th
[Millions of dollars]
Total
Item
United Kingdom
1952
1952
1951
1951
Year
in>
II
I
_.
______
__
Total
Imports of goods and services:
Merchandise, adjusted
Transportation
Travel
Miscellaneous services:
Private
G o vernment
Income on investments:
Private
Government
.
- .. ---
Total
- -
Balance on goods and services
__
Unilateral transfers (net) :
Private
Government:
Economic aid
Military aid
Other
II
Illr
IV P
2, 331
2.,f>
27
2,069
235
30
738
80
5
488
60
11
384
45
8
459
50
6
911
143
11
682
138
13
243
39
2
156
37
4
119
30
4
164
32
3
193
17
203
29
51
5
48
5
52
13
52
6
160
15
168
13
41
4
40
3
44
3
43
3
225
88
239
94
59
63
60
94
89
88
81
90
24
17
21
19
90
3,167
2,899
938
669
565
727
1,417
1,185
353
257
221
354
2, 226
184
90
1,942
232
94
537
51
19
532
67
26
425
64
32
448
50
17
483
148
37
575
194
41
157
42
3
147
58
12 !
131
54
19
140
40
180
92
173
156
43
36
43
39
44
39
43
42
178
62
172
106
42
24
43
27
44
26
43
29
137
2
132
6
32
1
32
1
32
2
36
2
134
2
128
6
31
1
31
1
31
2
35
2
2,911
2,735
719
740
638
638
1,044
1,222
300
256
164
219
-71
-73
89
373
-37
53
-73
-16
-16
-16
25
-20
(2)
-2
-162
(2)
-2
-144
(2)
2
-105
(2)
-1
(2)
-131
-254
-67
__ _
-253
(2)
-6
(2)
57
(«)
-431
(*)
-326
-511
-38
-180
-162
Balance on goods and services and unilateral transfers
-70
-347
181
-251
-235
United States capital (net) :
Private:
Direct investments
Other long-term
Short-term
Government:
Long-term
Short-term
-63
-14
87
-22
58
14
2
19
-36
8
-130
12
-52
-1
-18
-84
87
3
169
117
-448
Total
_ _ _
______
_
Foreign capital (net) :
Long-term:
Transactions in United States Government bonds
Other
__ _ _
Short-term
Gold sales (purchases ( — ))
Balance on foreign capital and gold
Transfers of funds between foreign areas (receipts from
other areas (— )) and errors and omissions.
-32 i
89 !
68
-514
-389
477 !
620
]
-4
-35
319 i
296
-86
58
-155 i
(2)
-1
-134
(2)
-1
-98
(2)
-163 !
-142
-112
-225
-228
-54
9
-2
16
3
3
-13
0
-404
(2)
-17
(2)
-443
-26
-480
27
119
19
-1
27
9
-12
-2
-26
-6
80
—5
24
13
-3
14
-78
15
-37
, 2
37
89
0
5
6
-2
(*)
-70
-52
6
32
137
51
22
-45
16
58
9
12
-30
22
31
9
65
35
27
-35
-33
83
—5
86
0
165 |
8
-2
139
12
-31
10
31
7
69
35
26
-53
-521
-11
3
81
-464
-440
-398
n
108
108
-419
-189
310
121
-98
-24
-189
-32
-218
307
-62
-42
287
export prices reduced domestic demand and consequently
also the need for direct import restrictions.
Military expenditures rising
Foreign dollar receipts were also increased by Government
expenditures abroad for goods and services, including1 "offshore purchases/' troop expenditures, and our contributions
to "infrastructure" facilities for interallied use. The rise in
such expenditures started in Japan shortly after the invasion
of South Korea. Expenditures in Japan declined, however,
from the first to the second half of 1952 while those in Western Europe increased.
Transactions in civilian services also increased foreign
dollar receipts or reduced foreign dollar outlays. Foreign
net expenditures on transportation declined because of reduced tonnage of exports from the United States, greater
participation of foreign vessels in the trade, lower freight
rates and increased tourist travel on foreign carriers.
Although tourist expenditures abroad were rising over the
year, foreign tourist expenditures in the United States rose
nearly as much, leaving the balance virtually unchanged.
I
Year
i
Exports of goods and services: 1
Merchandise, adjusted
Transportation
Travel
Miscellaneous services:
Private
Government
Income on investments:
Private
Government
Total
1
IV*
n
(*)
1G3
21
;
618 i
-4
-3
-6 ;
j
-45
13
326
.
52
-7
(*)
(z)
—520
-375
(*)
(*)
—9
107
279
105
80
88
!
~ 92
Income on investments, however, appears to have declined
as compared with the previous year. Rising costs abroad
including taxes, and either stable or in some cases declining
prices of the goods produced seem to have reduced the return
on our foreign investments.
Marked change in unrecorded transactions
The last major item which improved the financial position
of foreign countries includes all those transactions which can
only be inferred from the difference between the known dollar
receipts and payments. These missing transactions ("Errors
and omissions' 7 ) declined from net receipts of $433 million
during the first half of 1952 to net payments of $195 million
in the second half. Although in several other postwar years
this item declined from the first to the second half, the change
by over $600 million was far more than had previously been
experienced and may be assumed to reflect more than random
errors and the lack of data for certain recurrent transactions.
There have been three major shifts in this item since the
war, all of which seem to have been closely related to the
changing strength of the pound sterling. In each of these
11
SUEVEY OF CURRENT BUSINESS
March 1953
United States With the Sterling Area
[Millions of dollars]
Other Western Europe
Dependencies
1952
I
Year
53
4
1
61
7
1
1
(*)
(x)
(*)
(*)
(X)
r
III
9
(*)
(z)
10
(*)
14
1
205
30
5
c) i c)
(*)
(X)
(x)
2
53
5
79
2
1
(X)
IV P
50
4
2
2
2
(X)
(*}
III--
54
6
1
7
(X)
(^
II
211
20
6
6
(.)
2
i
Year
IV P
(*)
1
(*)
(')
(*)
1952
1952
II
20
3
All other countries
(*)
(X)
1,041
106
10
952
73
10
380
32
2
236
18
4
165
11
2
171
12
2
2
26
2
28
16
8
1
7
2
6
10
7
3
57
69
2
14
20
20
1,242
1,150
437
282
214
217
988
22
7 i
701
20
6
183
5
2
198
5
2
161
5
1
159
5
1
1
33
1
9
(*)
21
86
80
83
187
3
182
14
11
128
4
11
145
4
9
25
IV P
III'
II
54
5
1
22
21
89
I
Year
(x)
15
(*)
(*)
i
70
60
17
3
24
4
4
(T)
2!
(*)
3
(*)
10
10
1
10
5
1
;
i
5
1
1
1
i
17
(*}
(X)
i
33
11
8
8
6
42
27
12
2
2
11 !
~9
-12
-2
-2
-3 •
-5
5
I
2
1 ^
1
!
(*)
(2)
(x)
(2)
(x)
-31
-17
-3
11
10
9
(*)
(*)
-11
-1
!
— 12
9
:
(2)
|
(*)
-1
0
(2)
(*)
(*)
(*)
(*)
1
(2)
(*)
-4 i
-2
-2
-6
5
(a-)
(x)
9
0
-9 j
1
-10
'
j
042
14
45
(x,)
(J)
13 !
'14
2 i
i
4
806
719
-481
-386
-13
I
(2)
3
fx}
j
(2)
1
200
148
163
761
200
213
175
173
-114
-68
-80
209
389
237
69
39
44
-3
-3
-13
-15
-4
-4
-3
—4
—13
—22
—2
—5
—9
-2
-3
-1
-1
-1
208
-2 ;
(2)
(*')
(*)
(*)
-13
i
—434 |
-11
-2
-397
-126
6
8
—1
34
1
3
1
1
—2
1
-3
(2)
-3
(2)
(*)
-3
-117
-71
13
,
15
^' 1
—2
—16
<•)
I
(*)
(x)
(*}
(2)
(*)
1,033
-7
-10
-13
— 10
349
230
59
26
34
5
-43
16
§
-57
18
31
-38
•4
-15
—5
1
15
—103
10
—114
Q
—144
(x\
10
0
—48
—1
—30
2
—21
5
— 15
—152
—92
19
10
31
0
—28
16
-9
-3
-12
2
1
18
0
13
o
5
(*)
6
-19
2
6
1
—3
-.
5
H
-1
83
^
-2
4
5
—1
5
2
1
1
1
-54
-13
4
|
(2)
|
2
(')
--5
(x\
24
(^
-1
—6
w
-40
i
(*)
(*)
181
-1
!
T1)
(*)
(x)
-28
—20
(*)
-1
8
8
-3
— 11
—1
(as)
8
-83
(*}
(z)
(z)
1
1
I
(*)
2
13
1 i
-11 :
(z)
4
3
-124 j
(a-)
4
1
(x)
3
:
1
-8
(x)
84
-
-1
l-_
;
\
-4 1
(x)
(')
—1
(*)
|
\
333
i
738 i
11
42 ;
(x)
28
22'
325
j
4 1
1 i
(*)
!
!
4
(z)
(2)
23
i
(x\
19
(«)
-y I
13
6
-1
7
1
30
—13
-30
4
—6
19
502 |
368
120
105
64
77
—67
-184
-108
—44
-10
-22
Source: U. S. Department of Commerce, Office of Business Economics.
cases there seems to have been a flow of cnjVal which we
have not been able to record in the normal way.
The lirst occurrence was in the second and Third quarters
of 1947; in the second quarter there ai:]vnr to have been
lan:;e unrecorded mflous of funds to the United States, which
m a v have been induced by the near exhaustion of the $3.75
billion loan to the United Ivinplom, a\J this inflow was
greatly reduced in the thiid and fourth quarters of 19-17 when
the convertibility of sterling was suspended. A^uiin in the
third quartei of 1941) there appear to have been large unrccorrh d cjijital inflows which were probably a result of the
apparent impending devaluation of sterling; foilovuno- the
d( k valuation in September of that yar tlie-'-e was a shift in
the errors and omissions indicating a Pquidatiou of the accumulated dollar assets.
It seems likely that the shift in the movement of unrecorded capital funds during the second half of 1952, mostly
between the United States and the sterling area, was again
responsible for the shift in the unaccounted-for transactions,
and that a substantial part of the recovery of foreign reserves
must be attributed to this factor. The following: tabulation
reflects the changes in these transactions since the second
half of 1951:
Unrecorded transactions and iiiterarea transfers to olli-:-r areas
(receipts from other areas ( — )
Sterling
area
1951
1952
Second half
First half
Second half
442
597
23
Rest of
the world
—243
—164
—218
Total
unrecorded
transactions
199
433
—195
Several developments occurred in the sterling area which
may have contributed to such capital movements. First,
credit was restricted in the United Kingdom and interest
rates rose during the second half of 1951 and the first half
of 1952. The yield of Government bonds rose from 3.84
percent in June 1951 to 4.42 percent in June 1952. This
15 percent rise in yield was substantially higher than in any
other of the major European countries or in the United
States. When, during the first quarter of 1952, sterling area
reserves were stabilized, both the higher yields and the
restored confidence in the value of the pound sterling may
have induced capital movements to the United Kingdom.
12
SURVEY OF CURRENT BUSINESS
Offsetting in part the transactions which resulted in rising
foreign dollar receipts were declines in Government economic
grants and loans and private capital movements. Government grants and loans are discussed in the following article
in this issue of the SURVEY. Various factors accounted for
the change in net loan disbursements between the first three
quarters and the last quarter of the year. Loans under the
Mutual Security Act (10 percent of the aid under the fiscal
1952 appropriation had to be given in loans), and the
utilization of the second half of the $190 million grain loan
to India provided most of the large disbursements during
the first two quarters. The loan disbursements during the
third quarter include a $154 million advance by the ExportImport Bank to France against military contracts, of which
$49 million was repaid by the end of the year. Annual loan
repayments of $50 million by the United Kingdom added
to the capital inflow during the last quarter of the year.
Private investments decline
Private capital movements declined during the year and
were over $100 million smaller than in 1951. The decline
from 1951 was concentrated in portfolio investments, mostly
in Canadian securities. Although direct investments in 1952
were about $100 million higher than in 1951, the trend after
the middle of the year was downward. Completion of
facilities in the oil industry in Latin America and the Middle
East appear to be a major factor in the decline. Increased
supplies of oil and oil products in relation to demand may
also have reduced the need for further expansion.
Canada is the major area where large direct investments
are still going forward. Development of oil and mineral deposits appears to continue at previous rates, although there
was an apparent high point in the second quarter resulting
from the sale of securities by American controlled Canadian
companies to obtain funds for later investment.
Temporary factors in reserve rise
In order to evaluate the significance of the changes in the
balance of payments during 1952 it is important to examine
whether the developments which on balance facilitated the
relatively large accumulation of foreign reserves are likely to
be temporary, or whether they may be expected to continue
for some time.
The relatively greater rise in business activity in the
United States as compared with foreign industrial nations is
not likely to continue to the same extent. Textile production
abroad, one of the major industries which held down overall
foreign production, was again on the upswing at the end of the
year. This may indicate that the demand for textile raw
materials, including cotton, was near bottom during the last
months of the year. At the same time, however, excess
capacity in the metal products industries appeared to be
rising in the United Kingdom. In the event that British
industries are successful in utilizing their excess capacity in
the metal products industries for increased exports, competition for similar exports from the United States may well
March 1953
The decline in exports of coal to overseas countries during
the second half of 1952 was in part due to temporary factors.
However, large stocks of coal abroad will postpone the need
for imports even if the demand for coal should increase.
The rise in wheat production from 1951 to 1952 in Europe
and Canada was somewhat more than the average rise during
recent years and may have been due in part to unusually
favorable weather conditions. Less favorable climatic conditions may again raise the demand for supplies from the
United States. Inventories held abroad would, however,
postpone an upturn in foreign purchases here, even if the
foreign supply situation becomes less favorable.
Possibly another temporary factor was the movement of
funds abroad as reflected in the changes of unrecorded transactions. Not only is the amount of funds available for transfer abroad limited, particularly if business activity here remains at a high level, but the recent rise in short-term interest
rates in this country has probably reduced the incentive for
such transfers.
The volume of merchandise imports required for current
use in 1953 is likely to remain as high as in 1952, as long as the
prospects for domestic business activity remain favorable.
With a steady demand here and perhaps a rising demand
abroad, prices of imported goods may not continue to decline
below the last quarter of 1952 but even if prices stabilize at
the level of that period, they would average about 3-4 percent lower—in 1953 than in 1952.
The major source from which foreign countries can expect
higher dollar receipts is military expenditures, which are
likely to increase as deliveries are made on contracts for military equipment previously placed.
Government aid, other than military, may be expected to
continue the downward trend which has been taking place
since 1949, although a temporary upturn of grants over the
relatively low rate during the fourth quarter of 1952 is likely.
Private investments, however, may not decline below the
rate during the second half of 1952, since, with the exception
of Canada, the net outflow of funds for direct investments
had already shrunk to an annual rate of less than $100 million.
On balance, therefore, it appears that, with favorable climatic conditions abroad and continued favorable business
conditions in the United States, foreign countries should be
able to raise their gold and dollar assets again in 1953, although probably at a slower rate. This tendency would be
further strengthened if those foreign countries which had reduced their stocks of American goods, should resume their
purchases, particularly of those goods which are essential
for the continued operation of their economies. This may
apply even to those countries which restricted imports from
the United States through exchange controls.
Even if net dollar receipts by all foreign countries decline
again during the year, the portion accruing to the sterling
area may continue to rise, as it did during the closing months
of last year. The increase in foreign gold purchases which
started in December and which,had continued during the
first months of this year reflected largely the shift in foreign
dollar earnings to the sterling area. British reserves, more
so than those of most other countries, are usually held in gold
rather than in the form of dollar deposits or other liquid dollar assets.
by E. S. Kerber
United States Foreign Aid in 1952
JL HE composition of United States Government foreign aid
shifted during the course of 1952, with economic assistance
declining and military aid rising. By the final quarter, military assistance was close to $1 billion, and made up over
two-thirds of the gross foreign aid.
Total gross aid of $5.6 billion was 10 percent more than in
the preceding year. For the entire year, military aid
amounted to $2% billion—almost double the 1951 figure—
and comprised 49 percent of all gross aid.
The reduction in economic assistance programed for the
fiscal year beginning July 1951 was reflected in the actual aid
provided in 1952. Gross economic assistance contracted to
less than half a billion dollars in the December quarter; it
totaled $2.8 billion for the calendar year as a whole—onefifth less than in 1951.
Net Foreign Aid
military ®M
economic assistance by fh* end of 1952
Of DOtUMtS
NET ECONOMIC AND
TECHNICAL ASSISTANCE
.8
NET MILITARY AID
I
I
I
The emerging predominance of military aid is even more
strikingly portrayed on the basis of net foreign aid, as can
be seen in the accompanying chart. Net foreign aid, which
takes into account the receipts by the United States Government of reverse grants and returns on grants, as well as the
repayment of credits, was $5 billion in 1952.
NOTE—MR. KERBER IS A MEMBER OF THE CLEARING OFFICE FOR
FOREIGN TRANSACTIONS, OFFICE OF BUSINESS ECONOMICS.
During the year Congress raised the required counterpart
return for economic grants under the mutual-security program from 5 to 10 percent; in the last quarter, these counterpart collections showed a corresponding increase which reduced net economic aid. Another major factor in the decline
of net economic assistance in 1952 was the larger repayments
on postwar credits, several of which had terms deferring
principal repayments until last year. Thus, in the last
quarter of 1952, credit repayments exceeded credit utilizations by $107 million.
Grants six-sevenths of total
Grants continued to dominate foreign aid last year despite
the fact that credit utilizations doubled to comprise 15 percent of gross aid. As a result of the large credit repayments,
net credit utilizations were $400 million, or 8 percent of the
annual net foreign aid. This 1952 net credit utilization raised
to $10.7 billion foreign indebtedness on loans and other
credits made by the United States Government since the
beginning of World War II. The United States Government
collected $204 million in interest on this indebtedness in 1952.
Most of the outstanding indebtedness was built up in the
early postwar period. Credit utilization constituted 38 percent of the gross aid in the postwar period prior to the Communist invasion of the Republic of Korea.
Postwar aid $41 billion
Gross foreign aid for the postwar period through 1952
totals $41 billion, exclusive of the Government's investment
of $3.4 billion in the International Bank for Reconstruction
and Development and the International Monetary Fund.
Net foreign aid in the same 7/^-year period totals nearly $38
billion. At the present rate, net foreign aid since V-J Day
will soon exceed the total of the 5-year war period.
Most of the foreign-aid programs of the United States
Government were integrated into one mutual-security
program in 1951. Through the latter program the United
States Government now provides aid to other nations in the
effort to improve their economic and military stability and
security. Mutual-security-program foreign aid includes military and economic and technical assistance.
Mutual-security program
Aid furnished under the mutual-security program cornprised 88 percent of gross foreign aid in 1952, in comparison
with 86 percent in 1951 and 75 percent for comparable programs in 1950. Under the coordination of the Director for
Mutual Security the nonmilitary or economic aid programs
are operated for the most part by the Mutual Security Agency
and by the Technical Cooperation Administration of the
State Department. Military aid is provided by the Defense
Department.
The significant portions of foreign economic aid not provided under the mutual-security program include the credits
of die Export-Import Bank, which accounted for 9 percent
13
14
SURVEY OF CURRENT BUSINESS
of gross 1952 aid, and civilian-supply grants by the Army
Department to Korea and the Ryukyu Islands.
Western Europe major beneficiary
In the last quarter of 1951, the European program for
economic and technical assistance represented the largest
individual component and comprised one-half of gross foreign
aid. A sharp decline has since occurred in European economic aid. In 1952 this segment represented less than onethird of gross foreign aid. In the final quarter it was
one-fifth.
Nevertheless, Western Europe continued in 1952 to be the
largest beneficiary of United States Government foreign aid.
It received mutual-security-program military aid totaling
$2% billion in the year, double such aid in the preceding year.
This total in the }^ear 1952 was more than the aggregate of
military grants to the area in the entire preceding 6K-year
postwar period.
The doubling of military aid to the European countries
participating in the North Atlantic Treaty Organization
(NATO) more than offset the $625-million decline in economic assistance to Western Europe in 1952. Gross foreign
aid to the area amounted to $4% billion, up 14 percent.
Military aid strengthens allies
Military aid provided to European countries in 1952 included $2,062 million representing shipment of actual military
equipment, $83 million in services (including military training) and $34 million for the ocean freight of the material
when carried on United States vessels.
During the past calendar year the United States Government also contributed $73 million to NATO toward the cost
of fixed facilities which are needed for effective defense and
which are used jointly by the integrated combat forces under
the NATO program. The United States is participating
with Canada and eight other NATO nations in a multilateral
financing of these common facilities.
The total for the first three annual construction programs
amounts to $739 million, of which the United States Government is to contribute $288 million. In December 1952 the
NATO Council voted to build $230 million worth of the
fourth annual program, and in February 1953 approval for
this fourth program was increased to $450 million. The
United States contribution to the December authorization
has been announced as $92 million.
Aid fosters European integration
The United States programs for aid to Western Europe
recognize the need to encourage and facilitate the mutual
efforts of the European community to increase its defense
and economic status by political federation, military integration, and economic unification. In the Mutual Security Act
of 1952 the Congress specifically directed that the program
should be administered to support these ends. During 1952
the High Authority for the European Coal and Steel Community, joining the coal and steel industries of six continental
NOTE.—For a detailed description of aid furnished during the war period and the 5-year postwar period prior to the Korean invasion see the Foreign Aid supplement to the SURVEY OF
CURRENT BUSINESS, published November 1952. Available at $1 from the Superintendent of
Documents, Washington 25, D. C. or the various Department of Commerce Field Offices.
March 1953
nations, began operations. The treaty establishing the
European Defense Community was signed in May 1952 and
is pending ratification by the participating nations. Congress has authorized the provision of military aid directly to
the European Defense Community.
The European Payments Union (EPU), by which members
of the Organization for European Economic Cooperation
engage in multilateral exchange clearance, received no direct
assistance from the United States Government in 1952. In
1950 and 1951, payments of $43 million and $195 million,
respectively, were made to EPU as part of mutual-securityprogram economic assistance. These funds constitute a contribution to the capital of EPU. Of the previous United
States Government pledge to the capital fund, $123 million
was still available at the end of 1952. Although no additional capital contributions were made to EPU in 1952, over
$135 million was granted as United States Government economic aid to Austria, Greece, Iceland, Turkey, and the
United Kingdom to assist these countries in meeting their
obligations to EPU.
Country changes
Declines were effected in the economic aid furnished to
most European countries in 1952. The decreases ranged
from 23 percent for Yugoslavia to 84 percent for Denmark.
The contraction in economic aid followed the general economic recovery throughout Europe. Gold and dollar resources of Western European countries (excluding Switzerland and the United Kingdom) rose from $4J4 billion to $5/2
billion during the year. Early in 1953 the Netherlands
announced that it would not require any fiscal year 1953
allotments, in view of the improvement in its hard-currency
position.
Ireland and Sweden received almost no aid at all in the last
year, in contrast to the approximately $25 million each had
been furnished in 1951. Allotments of mutual-securityprogram economic aid were terminated for these two nations
beginning with fiscal year 1952.
On the other hand, nonmilitary aid to Turkey increased 15
percent. Spain, with postwar aid confined to credit utilizations in 1951 and 1952, drew more in the latter year—principally from the special $62X-tnillion congressional loan
authorization made as part of the mutual-security-program
appropriation in September 1950.
Gross economic aid to France and the United Kingdom
rose during the past year. The total to these two countries
constituted half of the economic assistance aiforced Western
Europe.
United Kingdom again receives large aid
The United Kingdom in 1951 dropped from the position of
the largest recipient of United States Government economic
assistance, in consequence of the almost complete cessation of
aid allocations for that country after December 31, 1950.
However, that nation experienced an adverse shift in its net
dollar and gold position in the last six months of 1951, sustaining a drain of over $1/2 billion upon its gold and dollar
resources. During this period the United Kingdom sold
$950 million in gold to the United States.
Despite restrictions of dollar imports and other controls
exercised by the British Commonwealth countries in the
sterling area, continuing deterioration made necessary a
SUEVEY OF CURKENT BUSINESS
March 1953
15
Table 1.—Summary of Foreign Aid (Grants and Credits), by Program: July 1, 1945, Through Dec. 31, 1952
[Millions of dollars]
After Korean invasion
Total
postwar
period
Program
Gross foreign aid *
Grants utilized
Less: Credit-agreement offsets to
grants
- _.
Credits utilized- _
I^ess: Returns
Reverse grants and returns on grants .
Principal collected on credits.
_.
Equals: Net foreign aid
__
Net grants
Net credits
-- -
Grants utilized
Lend-lease
-,
Mutual security:
Economic and technical assistance
Military aid 2
Civilian supplies
UNRRA, post-UNRRA, and interim aid
_. _ _
_._ .
Philippine rehabilitation
Greek-Turkish aid
Chinese stabilization and military
aid
Other
--Reverse grants and returns on grants
Reverse lend-iease _ . _ __
Return of lend-lease ships
War-account cash settlements-..
Counterpart funds:
Economic and technical assistance
Military aid
-- Credits utilized
British loan
Export-Import Bank (for own account)
Direct loans
Loans through agent banks _ _
Surplus property (including merchant ships) _ _ _ _ _ _
Credit-agreement offsets to grants
Lend-lease (excluding settlement
credits) _ _ .
Other 6
1951
1952
January- AprilMarch
June
Total
July-Sep- Octobertember December
JanuaryMarch
Total
April- July-Sep- Octobertember December
June
41,034
28, 159
12,875
2,223
5,074
1,236
1,383
1,250
1,205
5,578
1,537
1,523
1,430
30, 247
18, 824
11, 423
2,021
4,646
1,114
1,287
1,146
1,098
4,756
885
1,291
1,215
1,365
1,256
12, 044
1,256
10, 591
1,452
201
428
122
96
104
106
823
203
246
309
65
3,422
2,178
1,243
217
452
103
84
117
148
574
90
137
148
199
1,230
2,191
874
1, 304
356
887
65
152
140
312
39
64
35
49
33
84
34
114
151
423
27
63
75
62
22
126
27
172
37,612
25,981
11,631
2,006
4,622
1,133
1,299
1,133
1,056
5,004
998
1,400
1,375
1,231
27, 760
9,852
16, 693
9,287
11, 067
565
1,956
50
4,506
116
1, 075
58
1,252
47
1,114
19
1,064
-8
4,605
399
858
140
1,216
184
1,193
182
1,338
— 107
30,247
15,824
11,423
2,021
4,646
1,114
1,287
1,146
1,098
4,756
885
1,291
1,215
1,365
1,932
1,932
12, 711
4,687
5,340
7,004
63
4,564
5,707
4,624
776
1,189
402
257
2,668
1,484
366
647
306
90
690
414
148
622
430
81
708
335
46
1,850
2,739
154
382
457
44
595
651
43
521
650
41
352
981
26
3,443
634
659
3,443
519
636
115
23
100
15
12
9
4
3
4
3
2
3
1
1
1
2
243
597
238
426
5
171
2
56
3
105
64
2
26
1,230
874
356
65
140
39
35
133
370
120
133
287
120
83
23
10
591
16
333
1
258
15
63
3
110
6
27
1
33
2
12, 044
10,591
201
428
122
96
3,750
3,750
3,415
3, 237
127
2,651
2,498
153
763
789
*Cr 26
81
84
*Cr3
204
222
5 Cr 18
79
83
Cr4
66
81
« C r 15
1,487
1,256
1,484
1,256
2
(3)
71
69
2
(3)
2
2
1,608
458
990
390
617
67
78
42
209
13
39
4
25
4
70
4
75
2
331
12
121
2
135
4
62
4
14
2
887
152
312
64
49
84
114
423
63
62
126
172
44
45
86
86
99
98
1
28
11
16
7
2,191
1,304
1,452
2
90
90
(3)
5
(3)
(3)
(3)
(4)
1,088
4
1
(*)
(4)
10
1
1
1
7
151
27
75
22
27
13
60
2
58
30
3
20
1
85
6
22
2
17
20
2
26
1
104
106
823
203
246
309
65
28
28
478
483
*Cr5
79
80
*Cr2
33
3
()
1
(3)
106
106
3
()
(3)
6
244
247
Cr3
3
49
49
()
1
44
45
1,125
953
172
632
482
149
493
470
23
88
74
14
134
130
5
31
30
1
19
18
2
33
32
1
51
50
2
271
267
4
46
45
1
39
38
2
276
62
123
22
153
40
25
1
56
21
22
1
13
1
11
13
12
7
71
18
13
15
40
600
21
507
19
93
6
33
7
49
1
10
16
5
23
(3)
(3)
34
8
oo
Principal collected on credits
July-December
1950
Total
CO CO
British loan _
Export-Import Bank (for own account)
-- Direct loans
Loans through agent banks. _
Surplus property (including merchant ships)
Credit-agreement offsets to grantsLend-lease (excluding settlement
credits)
Mutual security (including loans to
Spain and India)
-Other
Before
Korean
invasion
(3)
6
12
(3)
1
3
(3)
(3)
(3)
(3)
5
<P)
1. Foreign aid is denned to comprise two categories—grants and credits. Grants are largely outright gifts for which no payment is expected, or which at most involve an obligation on
the part of the receiver to extend aid to the United States or other countries to achieve a common objective. Credits are loans or other agreements which give rise to specific obligations to
repay, over a period of years, usually with interest. In some instances assistance has been given with the understanding tliat a decision as to repayment will be made at a later date; such
assistance is included in grants. At such time as an agreement is reached for repayment over a period of years, a credit is established. Because such credits, cannot, as a rule, be deducted
from specific grants recorded in previous periods, they are included in both grants (at the earlier period) and credits (at the time of the agreement), and the amounts of such credit-agreement
offsets to grants are deducted from the total grants and credits in arriving at gross foreign aid. All known returns to the United States Government stemming from grants and credits are
taken into account in net foreign aid. Gross foreign aid less the returns is net foreign aid, which is shown as net grants and net credits. The measure of foreign aid generally is in terms of
goods delivered or shipped by the United States Government, services rendered by the United States Government, or cash disbursed by the United States Government to or for the account
of a foreign government or other foreign entity. The Government's capital investments in the International Bank ($635 million) and International Monetary Fund ($2,750 million) are not
included in gross foreign aid although they constitute an additional measure taken by this Government to promote foreign economic recovery. Payments to these international financial
institutions do not result in immediate equivalent aid to foreign countries. Use of available dollar funds is largely determined by the managements of the two institutions, subject to certain
restraints which can be exercised by the United States Government.
Further definition and explanation of these data are contained in the Foreign Aid supplement to the SURVEY OF CURRENT BUSINESS, published November 1952.
2. Includes contributions to multilateral-construction program of the North Atlantic Treaty Organization.
3. Less than $500,000.
4. Negative entry of less than $500,000 results from refunds of cash aid.
5. Negative entry results from excess of EIB repurchases from agent banks over agent-bank disbursements.
6. Includes less than $1 million collections on mutual-security program credits.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
16
March
Table 2.—Summary of Foreign Aid (Grants and Credits), by Major Country: July 1, 1945, Through Dec. 31, 1952
[Millions of dollars j
After Korean invasion
1
Total i Before
postwar Korean
period invasion
Major country !
i
1951
T ,
J
^ f Df- 1
nber
1950
i
Tota]
1952
i
Tot«l
1 otal
JanuaryMarch
JulySeptember
AprilJune
Gross foreign aid (grants and credits) 2 _ .
Less: Returns, _ .
__
. ..
Equals: Net foreign aid
41,034
3,422
37,612
28, 159
2,178
25,981
12, 875
1,243
11,631
2,223 \
217
2,006 '
5,074
452
4,622
Western Europe and dependent areas:
Gross foreign aid
- -_ ... Less: Returns
Equals: Net foreign aid
30, 128
2,213
27, 915
20, 500
1 194
19,306
9, 628
1,019
8.609
1,672 '
174
1.497
3,710
363 i
3.346 '
911
87
824
1,050
63
987
1,013
58
950
722
25
697
291
32
259
35 ;
6 ;
30 !
161
14 i
147 •
26
3
23
806
68
738
634
34
600
172
33
139
89 !
5 i
84 i
55 :
13
42
7,441
882
6, 559
6, 445
652
5, 793
997
231
766
268 i
42 i
226 '
291
16
275
193
8
185
Austria:
Gross foreign aid
Loss* Returns
Equals: Net foreign aid
Belgium - Luxem bourg :
Gross foreign a id
Less: Returns
Equals: Net foreign aid _
. --
British Commonwealth: United
Kingdom :
Gross foreign aid
Less* Returns
Equals* Net foreign aid
Denmark:
Gross foreign aid
_ ..
Lpss' Returns
Equals: Net foreign aid.___
Finland:
Gross foreign aid
Less* Returns
Equals' Net foreign aid
i
\
1,236
103
1,133 j
1,383
84
1,299
j
1,250
117
1, 133
OctoberDecember
!
1,205
148 i
1,056 |
5,578
574
5,004
1,088 1
90
998
942 |
95
847
806
119
687
4,247
481
3, 765
784
71
713
53
5
48
37 ;
45
2
43
95
13
82
36
4
32
31
3
28
27
4
23
10
2
9
16
6
10
2
2
28
15
12
5
0
11
3
9
236
107
129
94
14
80
54
16
37
38
24
14
50
53
-3
492
81
411
24
3
21
204
9
195
26
2
25
62
4
58
17
1
16
16
1
15
12
12
17
2
15
10
3
8
1
1
-1
1
-1
3
-3
si!
(3)
3
(3)
-10
4
-4
3
-3
1
-1
France:
Gross foreign aid.
Less* Returns
-Equals* Net foreign aid
5, 070
438
4, 631
3.877
166
3. 712
1,192
273
920
221
25
196
476
67 i
410
111
26
85
117
26
91
109
132
101
496
181
314
125
32
93
Germany:
Gross foreign aid
Less* Returns
Equals: Net foreign aid_
3,891
173
3,718
3. 139
82
3. 057
752
91
061
212
11
201
386
29
357
127
10
118
139
9
130
97
7
90
23
4
19
155
51
103
53
1
52
Greece:
Gross foreign aid
Less* Returns
_Equals' Net foreign aid
1. 587
85 i
1 502 !
1,173
32
1.142
414
54
360
64
8
56
210
16
194
37
4
32
49
68
5
63
56
3
53
139
29
110
42
6
36
,0
17
1
6
10
16
Ireland:
Gross foreign aid
Less: Returns
„_
Equals' Net foreign aid
Italy:
Gross foreign aid
Less* Returns
Equals' Net foreign aid
Netherlands:
Gross foreign aid
Les^' Returns
Equals: Net foreign aidNorway:
Gross1 foreign aid
Less Returns
Equals' Not foreign aid
Portugal :
Gross foreign. -u< 1
Le^s: Returns
E qua Is : N et foreign aid Spain:
Gross and net foreign aid
Sweden:
Gross foreign aid
Less: Returns .
Equals: Net foreign aid
Trieste:
Gross foreign aid
Less: Returns..
Equals: Net foreign aid
Turkey:
Gross foreign aid
Less: Returns
Equals: Net foreign a id _ Yugoslavia:
Gross foreign aid
Less: Returns .
Equals: Net foreign aid
See footnotes at end of table.
_,_
....
..
,
i
.
•
i
!
!
i
._
1
1
(3)
147
1
146
(?)
I
10
(3)
1
!
99
2
9
(3)
2
48
1 ...
47
9
7
113
16
97
300
42
258
83
15
69
101
906
50
857
336
135
201
98 i
43 |
55 i
150
48
102
328
48
281 :
i
215
23
192
114
25
89
33
7
26
49
9
40
5
42
13
20
5
-10
13
20
112
3
109
41
69
1 1
68
42
2
40 !
35 i
I
34 j
11
i
10
398
38
360
240 i
17 i
222
158 i
20 !
133 I
525
8
518
311 i
S
311
215 i
8 i
207 l
4H
9
i
(3)
(3)
1,164 1
107
1, 057
1, 155
131
1,024
1, 1
1
9
19
3
16
6
6
(3)
11
l
158
149
(3)
1
...
4
1
—1
">*
-1
1
-1
126
47
80
213
55
158
28
28
62
28
24
36
16
20
45
4
42
19
1
18
(3)
24 i
]
24 i
0
106 i
(33)
(3)
()
(3)
(3)
(3)
(3)
(3)
(3)
(3)
1
(4.)
(3)
(3)
(3)
4
( )
43
6
37
29
5
25
28
35
88
44
44
21
3
19
29
17
12
30
5
25
2(
-15
16
4
12
11
3
11
1
10
11
1
10
32
8
23
11
1
9
5
2
3
10
1
9
4
2
4
8
1
2
4
15
2
8
9
9
108
3
(3)
3
50
3
47
10
63
7
56
3
1
3
(3)
1
62
15
47
10
27
3
23
(3)
1
94
27
3
4
(3)
5
1
61
5
55
(3)
(3>
4
(3)
1
41
10
32
27
8
1
7
4
(3)
f
4
-1
210
36
175
(?)
3
4
(34)
()
33
6
28
(»)
5
(3)
17
(3)
(3)
82
15
68
i
2
i
(3)
(3)
8
' 10
1. 243 ;
185 ;
1, 058
41
3
25
1
10
4
(3)
24
623
93
530
(3)
1
45
23
2, 024
75
1 . 949
47
2
45
(3)
(3)
139
23
2, 647 :
16S
2, 478
44
j
!
i
i
()
99
1,4
1
1,2
_.
101
28
1
26
1,523
148
1,375
I
99
8
91
128
27
_.
Octobe
Decerr
ber
1,537
137
1,400
(4)
128
37
91
Iceland:
Gross foreign aid
.
Less- Returns .
Equals' Net foreign aid
JulySeptember
January- 1 AprilMarch
June
Total
9
(3)
2
2
(3)
1
(3)
9
3 i
3
1
(3)
2
2
(3)
(8)
(3)
(3)
24
3
2
s Cr 3
(2)
-4
(45)
(45)
(3)
4!
1
2
(3)
2
12
3
1
6
i
(4 5)
(*)
...
" "(4)
(3)~ "
(3)
(3)
(3)
0)
(3)
2
3
J Cr 3
(3)
-4
(?)
(4)
2
(3)
4»
'
(4)
(15)
( 4 5)
(3)
(4)
!
(4>
11
2
8
11
1
10
20
1
19
22
3
19
68
9
59
12
3
10
34
2
32
it
3
8
1
2
9
32
28
1
27
21
20
27
1
26
83
5
78
26
3
23
23
1
22
14
1
13
20
(3)
32
20
SURVEY OF CURRENT BUSINESS
March 1!>53
17
Table 2.—Summary of Foreign Aid (Grants and Credits), by Major Country: July 1, 1945, Through Dec. 31, 1952—Continued
[Millions of dollars]
After Korean invasion
Total
postwar
period
Major country 1
Other and 6 7 unspecified Western
Europe: 1
Gross and net foreign aid .
Other Europe:
Gross foreign aid
_
Less: Returns
_ . __
Equals: Net foreign aid
Before
Korean
invasion
1952
1951
cember
1950
Total
JanuaryMarch
Total
AprilJune
July- OctoberSeptem- December
ber
JanuaryMarch
Total
AprilJune
July- OctoberSeptem- December
ber
4,339
275
4, 064
1, 160
72
1,088
1,160
53
1,107
19
-19
448
152
296
130
136
—6
318
16
302
42
15
27
24
10
14
18
4
14
218
4
214
32
186
4
182
16
57
8
12
10
27
32
16
57
8
12
10
27
114
8
106
21
2
19
33
3
30
9
5
1
4
5
5
14
1
13
61
9
229
6
223
284
4
280
878
23
855
15
32
1
31
79
14
43
2
40
64
94
40
26
25
3
64
94
40
26
25
3
401
249
1,348
(34)
()
368
371
2, 316
381
567
515
853
13
-13
4
1
-1
1
2
-2
1
-1
43
1
41
187
12
176
37
2
35
75
1
74
41
3
38
35
6
29
14
1
8
3
10
1
8
3
2
4
<)
113
4
109
22
2
21
47
46
32
2
30
11
13
20
1
19
5
1
5
21
2
20
188
6
182
233
12
220
260
4
256
198
2
190
24
19
j
18
360
15
15
(34)
()
94
3
91
(3)
4
(3)
2
1
4
3
2
1
1
-1
7
Near East and Africa:
Gross foreign aid
Less* Returns
Equals: Net foreign aid.
Iran:
Gro^s foreign aid
Less* Returns
Equals' Net foreign aid
Israel:
Gross foreign aid
Less' Returns
Equals: Net foreign aid
._ _
Other and unspecified
Near East
and Africa: 6 7
Gross foreign aid
Less' Returns
Equals* Net foreign aid
Asia and Pacific:
Gross foreign aid
Less: Returns
Equals: Net foreign aid
China — Taiwan (Formosa) :
Gro^s foreign aid
Less- Returns
E quals : Net foreign aid
_
_ __
India:
Gross foreign aid
_
Less: Returns.
_. Equals' Net foreign aid
Indochina:
Gross foreign aid
Less' Returns
_ Equals: Net foreign aid. ...
Indonesia:
Gross foreign aid
Less: Returns
Equals' Net foreign aid
Japan and Ryukyu Islands:
Gross foreign aid
Less: Returns
Equals: Net foreign aid_. .
Korea:
Gross foreign aid
Less: Returns
_
_
Equals' Net foreign aid
Philippines:
Gross foreign aid _ _
_ _. _ _
Less: Returns
. __
Equals: Net foreign aid
Other and
unspecified Asia and
Pacific: l 6
Gross foreign aid
Less* Returns
Equals: Net foreign aid
American Republics:
Gross foreign aid . _ _
. ._
Less* Returns
Equals: Net foreign aid ._ _ .
Canada:
Gross foreign aid..
Less* Returns
Equals: Net foreign aid
._
Unspecified: 6
Gross foreign aid
Less: Returns
_.
Equals: Net foreign aid - -
37
2
35
(3)
(3)
(3)
19
1
17
17
17
()
188
134
54
74
126
7,190
536
6, 654
4, 970
484
4, 486
2,220
52
2, 168
400
6
394
942
23
920
189
5
183
241
8
234
1,919
125
1,794
1, 755
113
1,642
163
12
152
L^I
73
6
67
14
2
12
10
250
33
217
45
31
14
205
2
202
1
110
2
108
2
1
2
1
3
()
37
1
(3)
35
37
3
35
(3)
14
1
13
(3)
1
1
3
3
1
09
(3)
131
1
130
285
3
283
64
208
9
198
168
4
164
39
5
34
2,414
293
2,121
1,936
286
1, 650
478
717
13
704
386
12
374
330
(3)
330
64
119
(3)
118
(3)
807
30
778
634
14
620
173
16
157
135
(3)
135
17
4
13
(3)
839
31
808
44
23
21
794
787
56
1
56
320
3
317
(3)
941
305
637
515
172
343
427
133
294
42
34
8
206
47
159
150
143
7
142
141
1
8
2
6
1,017
2
1,015
744
744
273
2
271
4
()
^
(33)
()
1
72
72
(3)
1
1
121
1
120
1
13
(3)
(3)
16
16
4
1
4
2
(3)
(3)
(3)
2
-2
(3)
(3)
(3)
(3)
2
(3)
79
2
77
(s)
128
60
128
60
(3)
,5
76
(3)
14
(3)
(3)
24
4
o
22
1
21
(3)
3
1
2
35
2
33
(3)
17
17
62
4
58
(3)
(3)
8
(3)
(3)
20
19
6
6
8
14
11
8
14
10
5
4
46
3
43
1
(3)
9
9
11
(3)
(3)
16
4
4
2
(3)
2
(3)
2
2
16
23
35
44
148
51
33
39
25
16
23
35
44
148
51
33
39
25
4
4
1
6
\
5
21
11
9
3
4
-1
71
3
(»)
2
(3)
(3)
7
7
(3)
(3)
4
4
71
69
1
67
69
1
68
111
1
111
418
4
414
53
1
52
80
1
79
143
1
142
142
1
141
59
10
48
49
11
38
47
15
32
52
11
41
179
52
127
53
10
43
42
15
26
53
8
45
31
18
12
(3)
(33)
()
(3)
(3)
(4)
(3)
65
20
65
20
1
6
1
5
19
81
1
80
1
16
1
15
19
4
1
3
(3)
(4)
(3)
2
1
1
26
20
14
22
26
20
13
22
1. For security reasons data by country do not include the military aid furnished under the mutual-security program. However, such aid is included in the appropriate area totals as a
component part of "Other and unspecified" items. Gross aid show~n for individual countries for the period after the Korean invasion represents economic aid only. The aid shown in the
table includes credits which have been extended to private entities in the country specified; the net foreign aid shown for Canada, for example, represents credits extended to private entities
in Canada.
2. See footnote 1 to table 1.
3. Less than $500,000.
4. Negative entry of less than $500,000.
5. Negative entry results from refunds of cash aid.
6. Includes aid furnished through international organizations.
7. Military aid under the Mutual Security Act, title II (Near East and Africa), is primarily for Greece and Turkey and is included with "Other and unspecified Western Europe."
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
18
renewed flow of aid to forestall a considerable reduction in the
United Kingdom defense program. Thus, the United Kingdom received a large allocation of defense-support aid in
February 1952, and was second only to France in the economic aid utilized last year.
As a result of the efforts of the sterling-area countries,
buttressed by United States aid, the United Kingdom was
able to halt the reserve drain. By the end of 1952, it raised
its gold and dollar holdings a quarter billion dollars above the
low point reached in April. After selling $520 million of
gold to the United States in the first quarter, the United
Kingdom repurchased $80 million in the final quarter of last
year.
Loan to France
Although gross economic aid to France and its dependent
areas was larger than that to the United Kingdom, on a net
basis economic aid to France was considerable^ less. The
French situation is extraordinary, because of special developments in offshore procurement of military aid.
Offshore procurement as part of the mutual-security military-aid program refers to those military supplies and equipment which are produced abroad, paid for abroad by the
United States, and then transferred by the United States
Government to recipient governments as military aid. In
the course of providing materiel for NATO forces as direct
military aid, offshore procurement results in economic gains
for the countries involved, as it expands productive capacity
for military equipment and assists the European countries
by increasing their dollar earnings.
Generally, there is a long lead-time in military production,
and payments for offshore procurement and are not ordinarily
made until deliveries take place. Thus, considerable time
could elapse before dollars would accrue to France for the
contracts let. Since the French dollar stringency was immediate and serious, an Export-Import Bank loan was
arranged.
Gross aid to France included disbursements of $154 million
on the Export-Import Bank loan authorized in June. This
loan was limited to the dollar amounts of certain contracts
placed by the Defense Department in France; by the end
of the year repayments of the loan totaling $49 million were
made on French account by the Defense Department based
on deliveries certified by the French Government.
Offshore
procurement large
More than $750 million in contracts for offshore procurement of military aid wore let in Europe in 1952. Almost
half, or $345 million, of these contracts were in France.
Large contracts were also placed in Italy ($184 million) and
the United Kingdom ($146 million). During the year, the
Defense Department disbursed approximately $80 million
on these contracts; about $65 million of this was expended
in France (including the $49 million repaid to the ExportImport Bank).
Most Asia and Pacific aid rises
Cessation of grant aid to Japan after 1951 more than accounted for the decline in total aid to the Asia and Pacific
area in 1952. Following the start of the Korean conflict,
Japan became a staging area for United Nations operations.
With increased Japanese dollar earnings from the large
United Nations operations there, it became possible to stop
the Army civilian-supply grant program in 1952; such aid
had totaled $247 million in 1951. Japan did utilize a loan
March 19");
of $40 million from the Export-Import Bank for the purchase
of cotton in 1952.
Military aid to the Asia and Pacific area rose by one-third
in 1952, aggregating nearly $400 million for the entire year.
The cost of United States military operations in support of
the United Nations effort in Korea is not included in the
foreign-aid data tabulated here.
Nonmilitary assistance to Asia and Pacific countries other
than Japan increased one-tenth in 1952. Of the total of $447
million in the year, one-third represented civilian-supply
grants to Korea. Shipments and disbursements against the
wheat loan for India totaled $84 million. In the last half of
the year India received the first major economic and technical
assistance grants under the cooperative mutual-security program. Disbursements of $6K million were made in the last
quarter against the emergency wheat loan to Pakistan announced in September. Economic and technical assistance
to Taiwan increased slightly from the preceding year, totaling
$79 million.
Near East assistance
Economic aid to the Near East and Africa area doubled in
the last calendar year, aggregating $184 million. Israel was
the recipient of almost two-thirds of the total aid to the area
in both 1951 and 1952. Three-fourths of the aid to
Israel in 1951 and one-fourth in 1952 represented disburseTable 3.—Mutual-Security Program Reimbursable Military
Transfers
[Millions of dollars]
Area
Total
Western Hemisphere
Western Europe
Other areas
Net cash
deposits
through
Dee. 31,
1952
Shipments and s ervices
furnished
1950
1951
354
1
284
22
47
1
0)
(1)
i
72
fiS
!
1
4 !
i
1952
Balance
with U. S.
Government Dec.
31, 1952
120
160
97
3
19
119
17
24
1. Less than $500,000.
Source: U. S. Department of Commerce, Office, of Business Economics.
ments on the Export-Import Bank loan to that country.
Since the last quarter of 1951 Israel has received economic
assistance under the mutual-security program. Such grants
for relief and resettlement and for general economic development totaled $82 million in 1952.
The United States Government also contributed through
the United Nations Relief and Works Agency for Palestine
Refugees to provide food, shelter, and medical attention for
the Aral) refugees who fled Palestine. Both in 1951 and in
1952 these grants exceeded $20 million.
The other major beneficiary in the Near East and Africa
was Iran, where 1952 technical assistance was nearly 14
million.
Loans to American Republics decline
The decline in foreign aid to the American Republics in
1952 was a consequence of a 22-percent decrease in drawings
on loans of the Export-Import Bank to the area, principally
to Argentina. That country, which had received $92 million
in 1951, drew only $5 million last year. Mexico, on the
other hand, increased its credit utilization from $3 million
to $40 million. Over half of these loans were for the rehabilitation of the Mexican National Railways. Loans to
the other American Republics increased to aggregate $55
million in 1952.
March l!.)r>3
SURVEY OF CURRENT BUSINESS
During 1952 technical-assistance grants were continued to
these countries by the Institute of Inter-American Affairs as
part of the mutual-security program. Such grants amounted
to $16 million in 1952, almost double the sum in the preceding
year. Foreign aid to Mexico in the cooperative program for
the eradication of the foot-and-mouth disease in that country
constituted an additional technical-assistance grant of $3
million in 1952.
The American Republics also received first shipments of
mutual-security -program military aid procured from United
States Government appropriated funds in the last year. In
addition the grant assistance shown in tables 1 and 2 includes
the difference between the original acquisition cost of certain
United States Government military equipment (particularly
vessels) transferred to these countries and the amounts paid
by the foreign country under the reimbursable-assistance1
authority of the Mutual Defense Assistance Act of 1949.
A moderate decline in military aid to the American Republics
occurred in 1952, the total grant amounting to $59 million.
Military equipment sold
As part of the mutual-security program, the United States
sells military equipment to its allies which are able to pay
for their own rearmament. On a reimbursable basis the
United States transfers from its military stocks and procures
goods for its allies to use in their rearmament. These sales
are not part of the foreign-aid totals in tables 1 and 2.
1. Excess military equipment transferred as grants under the mutual-security-program
authorizations is stated in all compilations at original acquisition value, for which the Congress periodically establishes transfer limitations. When identical or similar items are sold
to foreign countries, the same method of valuation is used in accounting for the transfer,
credit being given for the cash deposit of the foreign government and the difference being
incorporated into tables 1 and 2 as grant aid.
19
As of the end of 1952, the United States Government had
received net deposits of $354 million for supplies and services,
principally from Western Hemisphere nations. In addition
$209 million more was on order under contracts, to be paid
for by the purchasing foreign governments before the
materiel and services are furnished by the United States
Government.
Deliveries have totaled $193 million against the deposits,
and, as shown in table 3, increased markedly last year.
Nonaid expenditures abroad
The expansion of United States foreign operations since
the Communist invasion of Korea has led to increased dollar
payments abroad by the Government for goods and services.
This has been a contributing factor in the decreased necessity
for economic aid abroad.
Net foreign dollar disbursements by the United States
Government for goods and services have more than tripled
since the start of the Korean conflict, as follows:
A fill ions
of dollars
July-December 1950
January-June 1951
July-December 1951
January-June 1952
July-December 1952 (estimated)
400
650
900
1,200
1, 250
Approximately one-third of the $2X-billion net expenditure
by the United States Government abroad in 1952 was disbursed in Western Europe. Japan, as rioted above, has
received a substantial share of the post-Korean invasion
increase.
1953 Investment Programs Increased
(Continued from page 6)
a 5-perceiit increase in outlays planned by nondurable-goods
producers, and a decline of the same magnitude in planned
expenditures by the durable-goods industries.
Within the latter group, most of the decline is expected
in primary iron and steel, iionferrous metals and iionautomotive transportation equipment. Machinery (both electrical arid nonelectrical) are planning substantial increases
in investment, while most other major durable-goods industries expect little change in. outlays from 1952 rates.
Among nondurable-goods producers, larger-than-average
increases in plant and equipment expenditures are scheduled
by petroleum, chemicals, paper and beverage companies.
Food and rubber companies expect to maintain last year's
rates of fixed investment.
Except for the planned cutback in capital expenditures by
the railroads, all major nonmanufactaring groups are contemplating maintenance or expansion of their 1952 rates of
investment during 1953.
Nonmanufacturers'
programs generally higher
The 14 percent expected rise from 1952 in spending by the
public utilities reflects a planned 15-percent increase by
electric power companies, and an 11-percent rise in schedules
of gas companies. In mining, substantially higher anticipated outlays by oil and gas extraction companies are supplemented by more moderate increases in other major mining
industries.
i lew or
STATISTICAL SERIES
Manufacturers' Inventories by Stage of Fabrication, 1919-51: Revised Date for Page S-3
[Millions of dollars; not adjusted for seasonal variation]
All manufacturing
Durable goods industries
Year and month
Total
inventory
1948: December. _
1949: January
February ___
March
April
May
_
June
July
August
September.
October
November.
December. _
1950: January
February...
March
April
May. —...
June
July
August
September.
October
Purchased
materials
31,
13,157
13,216
13,016
12, 565
12,162
11,827
11, 540
11,336
11, 266
11,228
11,107
11,095
11,418
11, 305
11,196
11,084
10, 940
10,958
11,070
11,362
11,737
12, 406
13,034
13, 786
14, 738
15, 117
15, 340
15, 682
15, 958
16.049
16, 210
16, 391
16, 477
16, 366
16, 759
16, 805
16, 994
32,
32,
31,
31,
31,
30,
30,
29,
29,
28,
28
29,
29.
29,
December
1951: January
February
March
April
May
June
July
August
September
October
November
December
!
,'
i
!
34,
35,
35,
30,
37,
39,
39,
40,
41,
41,
41,
42,
43,
!
I
!
!
;
'
Finished
goods
Goods in
process
Total
inventory
11,149
11,459
11,614
11,742
11,824
11,888
11,891
11,582
11,260
10. 9(50
10,835
10,780
10,936
11.034
10,998
11,046
11, 119
11,214
11,303
10, 786
10,385
10,376
10,496
11.008
11,145
11,386
11,521
11,714
12,241
13,060
13,638
14,212
14,654
14, 834
14,688
14,873
15,063
7,476
7,611
7, 662
7, 663
7,580
7, 500
7,261
7, 261
7, 062
6, 914
6,811
6, 673
6, 684
6. 888
6, 961
7,089
7,174
7, 251
7, 270
7,411
7, 488
7, 682
7, 862
8, 023
8, 293
8. 794
9,030
9,401
9, 780
9, 895
9, 942
9, 982
9, 991
10,280
10,447
10, 637
11,000
|
I
I
!
j
I
I
j
!
!
:
•
;
i
i
:
Purchased
materials
Goods in
process
Nondurable goods industries
Finished
goods
15, 726
16,145
16.315
16, 251
16,126
15,922
15,496
15, 124
14,666
14, 271
13, 945
13,674
13, 956
14,001
14,093
14, 194
14,308
14,513 I
14.004 I
14,618 i
14,559 |
14,845 !
15.214 1
15.946
16,660
17, 292
17, 727
18, 156
18, 749
19, 539
20, 050
20, 556
21,028
21.395
21,730
22, 051
22, 650
Total
! Purchased j Goods in
inventory j materials I process
I Finished
j goods
4,650
4, 859
5,028
5,170
5, 263
5,286
5,232
5, 030
4,800
4,618
4,500
4, 449
4, 585
4, 635
4,682
4, 777
4,812
4, 795
4, 800
4, 514
4,247
4, 148
4,228
4, 468
4, 559
4, 730
4, 954
5, 085
5, 340
5, 748
5, 984
6,170
6, 403
6, 475
6,438
6,515
6, 699
1. Book value as of end of period; figures do not necessarily add to totals because of rounding.
Source: U. S. Department of Commerce, Office of Business Economics.
New Construction: Revised Data for Page S—6 1
[Millions of dollars]
Private
?otal new c onstruction
Farm construction
Month
1948
1947
January
February
March
__ _ _
May.__ _ _ _ . . _
.
June
July
August
__ _
_
September
October
November
December
. _ _ _
M onthly average_
_
_. -
-
_ .
_ . -
_ _ _
.
_
. _
_ _ _ _ _
1949
1, 015
983
1,028
1 134
1,258
1 413
1,534
1,635
1,700
1,752
1,693
1,544
1,369
1,242
1, 415
1 595
1, 825
2 024
2, 136
2, 210
2,181
2,085
1 903
1.693
1,534
1,418
1, 514
1 644
1,879
2 047
2,134
2.212
2, 236
2, 203
2 074
1. 894
1,391 I
1,807 '
1,899
1950
1948
1947
1949
1.831
2 074
2, 353
2 650
2,788
2. 909
2.937
2, 848
2, 634
2.296
837
805
830
892
986
1,101
1,196
1,270
1,319
1,359
1,366
1,295
1,140
1,044
1,164
1,282
1, 430
1, 557
1.621
1,650
1.631
1, 556
1, 459
1,319
1,176
1,087 !
1,131 i
1,194 |
1,324 i
1,437 !
1,499 !
1, 530 |
1,534
1,531 !
1,508 i
1,433 :
,9
2,1
2,1
2,1
2,0
1,9
1,7
! 2,396 i!
1,105
1 404
1 365 i
1.8
1,801
1.761
1, 668
Monthly aver age.
185~
182
207
230
247
273
283
291
298
299
288
260
1949
227"
229
254
269
286
300
308
311
306
299
281
253
168
':
155
129 !
109
95
95
97 !
104 !
115
133
145
154
159
149
127
no:
100 ;
1950
223"
220
247
264
280
297
306
313
312
309
293
266
1947
178
178
198
242
272
312
338
365
381
393
327
249
1948
1949
1950
1947
" 102
109
122
139
103
181
194
200
184
153
130
114
149
Conservation and
, ^lopd
Highway
Total
Public utility
1948
January
February...
March
April
May
June
July
August
September..
October
November..
December. _
100
109
122
142
155
164 ;
81
91
105
125
140
151
157
147
124
106 i
95
Public
Private—Continued
Month
,3
,3
,5
1948
1949
j
1950
1950
229"
198
251
313
395
467
515
560
550
529
444
374
358"
331
383
450
555
610
635
682
702
672
566
461
426
364
451
530
587
676
684
730
758
750
670
513
48
47
63
93
118
150
161
174
185
191
145
76
61
47
64
99
155
202
230
244
224
209
146
93
89
68
84
128
206
236
255
276
255
233
184
117
103
64
114 1
166
191
269
277
299
303
268
224
103
60
71
81
87
86
86
84
83
75
65
402
534
595
121
148
178
198
73
00
48
i Compiled jointly by the 17. S. Department of Commerce, Building Materials Division (NPA) and the U. S. Department of Labor. Data reflect minor changes to incorporate revisions
in the basic source data for recent years. The figures presented in this table cover only the items and periods affected by the revision.
20
BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, and monthly averages for earlier years
back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1947. Series
added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index
numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely.
vided through the courtesy of the compilers, and are subject to their copyrights.
Data from private sources are pro-
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1953
i
January
'ary"" 1 March
April
May
June
July
August
Septem
October
ber
December
January
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates:
National income, total
_
bil. of dol
Compensation of employees, total
do
Wages and salaries, total _
do
Private
do
Military
.
do
Government civilian
_
_do .
Supplements to wages and salaries
do
Proprietors' and rental income, totalcf do
Business and professional cf
do
Farm
do
Rental income of persons do
Corporate profits and inventory valuation adjustment, total
bil of dol
Corporate profits before tax, total
do
Corporate profits tax liability.
do
Corporate profits after tax
do
Inventory valuation adjustment
do
Net interest
do
186.5
177.4
145.8
10.0
21.7
9.0
52. 1
27.3
15.4
9.4
186 9
177.8
145 6
10. 2
21.9
9.2
51.9
27.6
14.8
9.5
42.7
42.7
24.3
18.4
— .l
6.7
190 3
181 0
148 3
197 9
188.2
155 3
9
52
27
15
9
3
5
5
2
8
9.6
53 6
28.2
15 5
10.0
39 9
38 2
21.8
16.4
1 7
6.9
37 8
37 2
21.2
16 0
6
71
v 41 5
*40 3
p 23. 0
v 17.3
12
7.2
213.2
25 2
118. 0
70.0
50. 0
23 7
25.7
.6
2.2
214 9
26.4
117 8
70.8
49.3
23 6
25.7
1
.4
342.6
343.0
215
24
118
71
51
23
25
3
—1
0
2
9
9
7
o
0
7
6
360.1
222 0
27.3
121 4
73.3
57 3
23 7
25 6
81
2
74.4
51.2
46.4
23.2
78.0
54 9
50.3
23 0
77
54
49
23
9
8
6
1
80.6
56 6
50.4
24 0
264 4
33 6
268
34
234
19
9
1
8
8
Gross national product, total do
Personal consumption expenditures, total do
Durable goods
do
Nondurable goods
do
Services_
do
Gross private domestic investment
do
New construction
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment do
Government purchases of goods and services,
total
bil. of dol
Federal (less Government sales)
do
National security $ _ _ __
do
State and local
do
339.7
Personal income, total
Less' Personal tax and nontax payments
Equals: Disposable personal income
Personal savin g§
263. 0
33.5
do
do
do
do
?300 2
287.7
285.6
288.0
229.5
230.8
16.3
15 9
277
34
242
20
0
6
5
5
r 280
0
PERSONAL INCOME, BY SOURCE f
Seasonally adjusted, at annual rates:
Total personal income
bil. of dol
Wage and salary disbursements, total -..do _
Commodity -producing industries
do
Distributive industries
do
Service industries
do
Government
- _do
Wage and salary receipts, total
do
Other labor income
do
Proprietors' and rental income
._ do
Personal interest income and dividends. _do
Transfer pavmeiits
do
Less personal contributions for social insurance O
bil. of dol. .
Total nonagricultural income
__ _
_ _ _do
263.4
176.7
77.3
47.1
20.8
31.5
173.1
4.3
53.4
20.1
12.8
263. 5
178.0
78.2
47.1
20.9
31.8
174.5
4.3
52.1
20.5
12.4
261. 9
177.3
77.7
47.0
20 8
31.8
173.9
4 3
50.7
21.0
12 4
262. 5
176.7
76.9
47.0
21.0
31.8
173.4
4.4
51.2
21.5
12.3
264.5
177.9
76.7
47.7
21 3
32.2
174.6
4 4
51.7
21.5
12 6
266 7
179.3
77.2
48 5
21 3
32.3
175 8
4 5
52.8
21.4
12 5
263 9
177.4
74.0
49 3
21 5
32 6
173 9
4 5
52 2
21.3
12 4
269 6
182.5
78.7
49 4
21 5
32 9
179 0
4 5
51.8
21.4
13 1
273 8
185 3
81.6
49 3
21 6
32 8
181 9
4 5
53 4
21.4
12 9
276 1
187 5
82.9
49 9
21 8
32 9
184 0
4 6
53 5
21.3
13 0
275 8
187 9
83.5
49 6
21 9
32 9
184 4
4 6
52 9
21.3
12 8
f 189. 9
'85.4
r
50 0
r 21 9
r
32 8
r 186 4
r4 7
r 54 Q
r
21.2
13 4
280 5
190 3
85.1
50 3
22 1
32 8
186 6
4 7
54 7
21.2
13 6
3.9
3.8
3.8
3.6
3.6
3. 8
3.9
3.7
3.7
3.8
3.7
3.8
4.0
241.7
243.4
242.7
242.9
244.9
245.9
243.4
249.4
253 0
255 4
255.7
r 258 8
259 o
NEW PLANT AND EQUIPMENT
EXPENDITURES!
All industries, quarterly total
mil. of dol .
6,913
6,228
6,420
* 7 298
1 3 512
Manufacturing
do
2,742
3 264
2 934
Mining
_ _ _
do
208
i 221
220
201
1 365
Railroads
_ _
_
do
362
381
290
i 345
Transportation, other than rail
do
361
378
310
1
Public utilities
do....
847
957
970
1 187
Commercial and other
do
1,708
1,713
1,715
U.668
r
Revised.
v Preliminary.
i Estimates for October-December based on anticipated capital expenditures of business.
t Re vised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of the July
1952 SURVEY for the data.
^Includes inventory valuation adjustment.
9 Government sales are not deducted.
§ Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
OData through 1951 represent employee contributions only; thereafter, personal contributions of self-employed
persons are also included.
JRevised beginning 1939. For revised annual data for 1939-51 and for quarterly data beginning 1947, see pp. 20 and 21 of the August 1952 SURVEY.
S-l
SURVEY OF CUREENT BUSINESS
S-2
March 1 !).->:.
1952
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
February
March
April
May
1953
July
June
August
September
October
November
December
January
3,546
3,528
1,877
1, 651
346
911
384
3,072
3,056
1,537
1,519
338
826
349
2, 782
2,757
1,370
1, 387
337
780
259
GENERAL BUSINESS INDICATORS—Continued
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
do
Dairy products
do
Meat animals
_- do _ _
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1935-39=100..
Crops
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1935-39= 100- .
Crops _
. do. -.
Livestock and products
do
2,642
2,619
1,111
1,508
330
924
243
2,043
2,010
638
1,372
2,122
2,079
628
1,451
2, 100
2,053
571
1,482
2, 176
2,142
573
1,569
330
809
227
369
817
254
2.381
2,361
851
1,510
389
812
262
433
825
272
2,711
2,697
1 235
1,462
2 882
2,874
1 377
1,497
3,620
3, 609
1,926
1,683
427
769
271
410
759
269
394
812
278
370
984
316
4,123
4,098
2,303
1,795
365
1,088
330
395
393
397
303
226
361
314
222
382
310
202
390
323
202
413
356
301
398
407
436
385
434
487
394
544
681
443
618
814
472
532
663
435
461
544
400
416
484
365
145
137
151
115
82
119
76
116
64
123
68
154
165
155
164
161
182
196
237
151
139
108
140
162
145
145
164
220
274
179
190
217
170
180
197
168
166
189
149
INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
217
218
217
215
211
205
194
218
232
233
235
233
v 233
do
227
229
228
224
224
215
203
228
9
42
245
246
246
v 240
do
do
do
do
do. do
do.
do
do-
280
261
142
175
125
359
216
200
243
281
261
148
176
133
360
217
204
249
283
263
149
175
135
359
218
204
252
277
245
152
170
143
354
218
203
257
278
246
145
168
133
353
216
199
260
249
140
155
169
148
352
210
195
246
232
139
150
165
143
331
201
184
241
269
244
160
175
152
336
213
197
251
9Q2
301
'281
164
305
283
159
'191
143
372
240
236
251
311
*314
P288
v 152
P191
P 132
p 391
p 247
r> 240
t 265
205
188
169
219
318
218
208
196
168
232
322
219
212
200
167
239
327
222
216
226
10S
242
329
227
224
241
167
260
338
231
225
237
169
266
339
229
216
236
160
255
287
162
231
261
169
079
300
175
232
263
167
267
353
247
184
145
302
562
100
86
110
151
86
193
83
186
152
300
562
109
96
118
149
97
175
84
184
155
298
563
108
86
122
148
116
165
82
180
155
295
559
102
84
114
149
152
152
89
180
158
291
558
105
90
115
154
197
147
96
187
176
296
563
102
90
111
165
217
147
124
181
186
295
505
90
98
174
215
137
179
195
159
299
568
116
95
129
185
214
138
234
201
159
305
567
111
95
123
192
173
154
279
187
185
281
188
211
170
248
157
194
19(
281
188
212
175
243
160
192
188
278
204
210
ISO
242
152
186
181
261
166
205
180
235
144
242
151
182
177
251
72
216
175
246
154
159
153
259
07
225
145
225
147
188
180
280
169
231
157
242
170
191
181
282
177
234
166
252
I~7
144
296
15(
' 295
_ 1935-39=100--
Manufactures
Durable manufactures
Iron and steel
Lumber and products
Furniture
Lumber
- _
Machinery
Non ferrous metals and products
Fabricating
Smelting and refining
- Stone clay and class Droducts
Cement
Clav products
Glass containers
Transportation equipment
Automobiles (incl parts)
do
do
do
___do
_ . do
do
Nondurable manufactures
do
\lcoholic beverages
do
Chemical products
. _ _ _
- do-..
Industrical chemicals
do
Leather and products
do
Leather tanning
do
Shoes
do
Manufactured food products
do
Dairy products
- - do.
Meat packing
do
Processed fruits and vegetables
do
Paper and products
Paper and pulo
Petroleum and coal products
Coke
Gasoline
Printing and publishing
_
Rubber products
Textiles and products
Cotton consumption
Ravon deliveries
_
Wool textiles
_ _ .
Tobacco products
Minerals
Fuels
Anthracite
^Bituminous coal
Crude petroleum
Metals
_
_
Adjusted combined index cf
-
Manufactures
Durable manufactures
Lumber and products
Lumber
Non ferrous metals
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
Glass containers
Nondurable manufactures
Alcoholic beverages
Chemical products
Leather and products
Leather tanning
Manufactured food products
Dairv products
Meat packing
Processed fruits and vegetables
r
_ -
00
5
216
248
r 189
151
363
236
231
251
r287
151
' 195
128
'385
245
r 240
r 259
'227
252
' 169
245
' 378
' 275
••215
231
' 168
210
' 398
309
' 578
112
104
118
178
133
1 69
* 190
199
163
313
' 595
114
r
107
120
1 65
106
190
r
112
193
142
" 314
' 599
107
99
112
' 160
107
208
205
194
r
290
182
233
183
' 265
176
149
356
137
184
' 109
141
337
139
159
' 103
' 176
71
125
' 207
'84
P 160
P 172
60
116
P 205
v 86
r 235
267
"173
262
'371
r 265
200
r 173
r 293
r Ox
195
184
* 209
209
P 159
*> 403
P 302
r 192
134
P311
p 595
r 154
100
199
p 91
141
2S8
130
280
135
287
133
312
111
343
143
369
145
377
116
176
122
167 !
112
108
174
117
178
112
197
103
179
123
193
137
198
203
192
279
179
225
ISO
' 260
172
142
361
134
197
do
do - . .
do
do
do .
do
162
175
91
147
194
88
162
174
77
135
199
91 i
158
170
68
122
199
143
140
73
107
159
159
149
161
74
102
193
90
165
171
74
119
201
130
74
144
155
57
91
190
81
161
161
61
102
194
164
180
180
88
144
203
178
166
167
95
93
203
164
170
177
87
135
202
'131
do
221
222 i
221
216
211
204
193
215
228
230
234
235
p 237
do
231
232
231
225
224
214
202
225
237
242
245
247
p 250
do
do
do
do
do
do
do
do
do
282
159
150
284
162 i
154
285
277
152 j
143 !
277
230
141
128
267
149
135
290
216
243
217
233
217
249 i
224 i
257
218
252
222
.244
218
257
220
238
142
128
216
259
217
230
247
146
134
210
247
222
222
201
242
214
215
213
251
221
231
225
248
222
227
182
177
175
173
168
170
163
161
r 163
223
239
239
242
243
269
266
261
261
254
' 305
161
146
240
251
221
233
'164
242
'314
164
149
245
' 258
158
'300
155
138
236
251
224
231
p 317
172
163
P247
p 265
p 222
257
v 171
232
189
190
188
183
181
186
179
191
194
174
171
297
107
90
165
138
182
133
170
294
108
86
166
142
179
150
157
292
102
84
163
146
165
146
150
292
152
298
103
92
166
147
148
161
162
299
91
81
162
145
147
138
151
302
116
97
164
148
158
123
155
302
112
97
195
162
'304
112
103
165
146
169
r
147
197
180
308
113
103 i
161
147
170
'121
do
do
do
- do. ..
do
do
do
_ _
do
do
do_
do
do
._ -
270
167
183
159
354
do
do
do
do
do
do _ . _
do
do
do
'301
100
86
162
137
162
128
164
158
149
!
i
I
!
1
i
175
209
165
1 57
174
105
90
160
i
i
148
146
147
r
1 55
140
168
148
170
143
' 290
' 186
' 229
172
r 270
r 909
254
' 163
225
' 193
166
'309
107
100
' 162
152
176
'126
!• 199
p 99-;
188
T- 229
107
i> °72
p 172
140
319
178
p 196
158
"310
'•> 165
154
169
v 140
Revised.
» Preliminary.
f Revisions for January 1950-July 1951 based on final data will be shown later. Revisions for 1910-49, incorporating changes in methods of estimation and adjustments in production, disposition, and prices, are shown on p. 23 of the December 1951 SURVEY.
(f Seasonal factors for a number of industries were fixed at 100 during 1939-42; data for these industries are shown only in the unadjusted series.
SUEVEY OF CURBENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-3
1952
January
February
March
April
May
1953
July
June
August
September
October
November
December
January
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION—Continued
Federal Reserve Index— Continued
Adjustedcf — Continued
Manu f actures— C on tinued
ISi endurable manufactures— Continued
Paper an d products, _ _
„ 1935-39 = 100_ Paper a n d pulp _ _ _
_ _ d o _.Printing and publishing
do
Tobacco products
_
do_
187
185
175
176
193
189
177
175
192
188
177
174
185
181
175
184
182
175
170
178
181
176
176
189
160
154
157
172
188
180
165
186
192
181
165
187
203
192
176
190
205
194
175
181
195
185
168
172
v 199
167
125
167
128
164
125
166
141
140
143
147
65
142
65
156
131
175
'149
164
145
171
138
'168
'117
v 165
123
mil. of dol
_
do __
do
do
do
_
do
do
do
_
do
do
44, 792
22, 634
10, 861
11,773
9, 004
2,704
6.300
13, 154
4, 366
8,788
45, 866
23, 506
11,352
12, 154
8,954
2,773
6, 181
13, 406
4,611
8,795
43, 431
22, 085
10, 632
11,453
8,326
2, 578
5,748
13, 020
4,314
8,707
45, 748
23, 538
11,310
12, 228
8,862
2,787
6, 075
13, 348
4,496
8,851
45,533
23, 247
11, 328
11,918
8,448
2,669
5,779
13, 838
4,931
8,907
44, 381
21, 888
10,060
11,828
8,493
2,698
5, 795
14, 000
4,887
9,113
44, 455
21,858
9,777
12,081
8,949
2,817
6,132
13, 648
4,494
9,154
43, 612
21, 898
10,437
11,460
8,371
2,495
5,876
13, 343
4,200
9,142
46, 276
23, 663
11,510
12,154
9,055
2,793
6, 262
13, 558
4,508
9,050
48, 329
24, 753
11,968
12, 785
9,389
2,931
6,458
' 14, 187
4.846
9,341
Business inventories, book value, end of month
fad justed), total
mil. of dol
Manufacturing, total
do
Durable-goods industries
_ -do
Nondurable-goods industries
do
Wholesale trade, total _
_
do
Durable-goods establishments
do
Nondurable-goods establishments
do
Rotail trade, total
- .. do_ _
Durable-goods stores
do
Nondurable-goods stores
_ . _ -do _ _
'74,097
'43,178
••23,211
19, 967
10, 238
5, 127
5,111
20, 681
9, 775
10, 906
73, 829
43, 168
23, 313
19, 855
10, 036
5, 01 1
5, 025
20, 625
9,789
10, 836
73, 620
43, 237
23, 401
19, 836
10, 062
5, 055
5,007
20, 321
9, 583
10, 738
73, 876
43, 402
23. 596
19, 805
9,997
5,054
4,943
20, 477
9, 624
10, 853
73,074
43, 144
23, 595
19, 550
9,861
4,955
4,906
20, 069
9,112
10, 957
72, 913
42, 892
23, 348
19, 544
9, 896
4. 858
5,038
20, 125
9,030
11,095
72, 765
42, 748
22, 962
19, 786
9,890
4,864
5,026
20, 127
8, 749
11,378
72,714
43, 107
23, 200
19, 908
9,862
4,934
4,928
19, 745
8,626
11,119
73, 437
43, 224
23 292
19, 932
9,932
4, 964
4,968
20, 281
8,956
11,325
MANUFACTURERS' SALES, INVENTORIES,
AND ORDER Sf
Sales:
Value (unadjusted), total
mil. of dol
Durable-goods industries_.do__ _
Nondurable-goods industries
do
22, 260
10, 459
11,801
22,416
10, 694
11,723
23, 205
11, 270
11,934
22, 950
11,237
11, 713
22, 478
11,056
11,422
21,640
10, 284
11,356
20, 051
8,844
11,207
22, 605
10, 579
12,026
Value (adjusted), total
- -do
Durable-goods industries, total
do
Primary metals
_
do_
Fabricated metal products _ - - do_
Flectrical machinery and equipment_-_do
Machinery, except electrical
do.
Motor vehicles and equipment
do
Transportation equipment, n. e. s
do
Furniture and
fixtures
do
Lumber products, except furniture
do
Stone, clay, and glass products
do
Professional and scientific instruments. -do
Other industries, including ordnance-- -do
22, 634
10, 861
1, 964
1,240
1,064
2, 050
1,647
645
264
614
496
284
592
23, 506
11,352
2,018
1, 205
1, 103
2,136
1,645
733
306
678
549
280
701
22, 085
10, 632
1,973
1,126
1,059
1,970
_ , 599
677
313
576
484
257
597
23. 538
11,310
1,994
1 , 256
1,030
2, 079
1,736
746
318
687
472
303
684
23, 247
11,328
1, 934
1,197
1,069
2,033
1,812
817
336
642
509
297
684
21,888
10, 060
991
1,085
1,154
1,964
1,815
736
350
597
483
265
619
21,858
9, 777
1,113
1,184
1, 106
1,942
1,167
790
377
621
497
302
678
do
do_ _ !
do
do- _
do
_ do_
do
_ do_ _
do
do
do
do
11,773
3, 161
499
318
1,143
997
252
714
760
1,523
1,938
468
12,154
3,382
475
312
1,148
1,045
270
694
733
1,606
2,047
442
11,453
3, 126
530
292
1,093
958
231
651
702
1,515
1,949
406
12, 228
3, 280
564
318
1,244
1,130
261
633
760
1,573
2,028
437
11,918
3,312
568
311
1,148
1,121
274
630
720
1, 566
1,846
424
11,828
3,171
638
310
1,116
1,124
290
625
684
1,495
1, 945
430
do
do_. _ _
do
43, 473
23, 092
20, 381
43, 594
23, 379
20,215
43, 732
23, 647
20, 084
43, 614
23,813
19, 801
43, 407
23, 924
19, 483
16,847
11,334
15, 291
16, 675
11,641
15, 278
16, 539
11.808
15, 385
16, 303
11,900
15,411
' 43, 178
'23 211
2, 866
2,358
' 3, 000
5,385
2,747
2,039
569
1,064
857
756
1,569
43,168
23, 313
2, 893
2, 409
3,042
5,428
2,683
2,082
561
1,064
866
757
1,528
43, 237
23, 401
2,882
2,438
3,074
5, 465
2, 670
2,124
549
1,058
903
735
1,504
43, 402
23, 596 !
2, 886 !
2,445
3,119
5,539
2,669
2,170
560
1,041
922
748
1,498
Minerals
Metals
-
_
__
_
do_
do
f 172
179
BUSINESS SALES AND INVENTORIES^
Business sales (adjusted), total
Manufacturing, total _
_
Durable-goods industries
Nondurable-goods industries
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments
Retail trade, total
Durable-goods stores _ _ _ _ _ _
Nondurable-goods stores
Nondurable-goods industries, total
Food and kindred products
_
Beverages
Tobacco manufactures
_
Textile-mill products
Apparel and related products Loather and leather products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber products
Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries
Nondurable-goods industries
By stages of fabrication:
Purchased materials _ _ _
Goods in process
Finished goods
do_
_do.
do
Book value (adjusted), total
do
Durable-goods industries total
do
Primary metals
_ _ _ _ do.
Fabricated metal products
do
Electrical machinery and equipment do. -Machinery, except electrical
do
Motor vehicles and equipment
do_ _
Transportation equipment, n. e. s
do
Furniture and
fixtures
do
Lumber products, except furniture
do
Stone clay, and glass products
do _Professional and scientific instruments. do
Other industries, including ordnance-- -do
' 46, 230 '48,051
' 23, 430 ' 24, 276
11, 676
'11,913
r 11, 754
' 12, 363
8,773
9,367
2,737
2,962
6,036
6, 405
' 14, 027
' 14, 408
' 4, 772 ' 4, 875
' 9, 255 '9,532
47, 589
24, 338
12,374
11,964
8, 946
2,777
6, 169
14, 305
5, 040
9, 265
74, 189
43, 415
23,615
19, 800
10, 122
4, 986
5,136
20, 652
9, 175
11, 477
' 74, 682
' 43, 596
23, 835
' 19, 761
10, 191
5,084
5,107
' r20, 895
9, 384
11,511
'74.810
'43,824
' 24. 292
'19,532
10, 187
5,079
5,108
'20,799
'9,352
'11,447
74. 674
43, 682
24, 363
19,319
10. 082
5,084
4,998
20. 910
9. 608
11.302
24, 700
11, 905
12, 795
26, 488
12, 787
13, 701
' 23, 408 '24,315
11,510 ' 12, 172
'11,898 r 12, 142
23, 963
11,970
11,992
21,898
10, 437
1,930
1,053
1, 168
1,833
1, 309
811
389
600
522
261
563
23, G63 i
11, 510
2.107
1,156 i
1,256
1,966
1,831
749
419
629
545
245
607
24, 753
11.968
2, 198
1, 263
1,205
2, 068
1,842
812
410
678
553
277
663
' 23, 430
11,676
2,100
1,177
1,238
2. 060
1,826
923
362
596
518
255
623
' 24, 276
'11,913
2, 048
1, 287
1.259
2,053
1,9?0
-819
' 362
r 727
'497
'310
'629
24, 33S
12,374
2, 099
12,081
3, 267
609
325
1,162
1. 171
267
650
704
1, 560
1,956
408
11,460
3,012
573
310
1, 058
965
282
667
667
1, 473
2,003
452
12, 154
3,246 \
534
324
1,137
1,068
275
699
678
1,602
2,109
482
12, 785
3, 452
513
327
1, 188
1,281
265
734
720
1. 660
2,181
464
'11,754
3, 191
457
309
1,084
1,143
234
663
678
1,532
2, 059
' 403
'12,363
' 3, 293
'545
' 344
'1,151
' 1, 260
'288
' 682
11,964
3, 089
500
293
1.13S
1,197
269
738
677
1,631
1, 994
42, 972
23, 518
19,454 !
42, 660
23, 050
19, 610
42, 707
23, 116
19, 591
42, 660
23, 147
19,513
42, 920
23, 385
19, 536
' 43, 243 ' 43, 829
23, 553 ' 24, 045
' 19, 690 ' 19, 784
43, 951
24, 225
19, 725
16, 156
11,919
15,332
15,871 i
11, 782
15, 320 1
15, 737
11,813
15, 110
15,699
12,041
14, 967
15, 836
12, 132
14, 692
16, 058
12, 272
14, 590
' 16, 236 '16,414
' 12, 268 '12,516
' 14, 739 '14,898
16, 170
12. 752
15, 028
43, 144
23, 595
2, 909
2,432
3, 133
5,525
2,674
2,177
566
1,040
926
748
1,466
42, 892
23. 348
2,945
2, 344
3,107
5,461
2, 562
2,202
556
1,030
937
762 j
1,444
42, 748
22, 962
2,928
2,235
3,062
5,314
2,517
2,248
555
1,005
922
757
1, 420
43, 107
23, 200
2,971
2,309
3,037
5,280
2,641
2,291
532
1,010
904
770
1,456
43, 224 1
23, 292
3,031
2,318
3,031 i
5, 274
2,636
2,343
534
1,006
892
764
1,462
43,415
23.615
3, 084
2, 362
3, 039
5, 275
2,735
2.472
533
1,019
874
778
1,445
' 43, 596
23, 835
3, 165
2,401
3,032
5,287
2,853
2, 455
543
1,054
852
785
1,408
43, 682
24, 363
3, 072
2,415
3. 162
5,374
3,029
2, 616
528
1, 041
870
844
1,412
!
r 691
'1,55*
' 2, 174
438
' 43, 824
' 24, 292
' 3, 122
' 2, 424
' 3, 096
'5,411
' 3, 009
' 2, 576
'518
r 1,r 066
850
'808
'1,412
1.433
1,207
2. 107
2.187
844
336
717
502
287
654
' Revised.
v Preliminary.
d" See note marked "cf" on p. S-2.
§ The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on this page; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.
tRevised series. All components of business sales, inventories, and orders have been revised since publication of the 1951 STATISTICAL SUPPLEMENT. The latest revision (affecting data
back to 1949) and appropriate explanations of changes for all series except retail sales appear in the October 1952 SURVEY (see pp. 12 if.), in the November 1952 issue (see pp. 18 ft.), and in the
March 1953 issue (see p. 20); the new estimates of retail sales (which begin with data for 1951), together with the revised old series for 1951, were first shown in the September 1952 SURVEY,
pp. 17 ff. Data through 1948 for manufacturers' sales and inventories and wholesale sales and inventories, comparable with current figures, appear in the October 1951 SURVEY (see pp. 1719 and 23, 24).
SUEVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
Mni-rh
1CJ52
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDER St—Continued
!
Inventories, end of month — Continued
Book value (adjusted) — Continued
Nondurable-goods industries, total.-inil. of dol_.
Food and kindred products
do .
Beverages
do
Tobacco manufactures
do
Textile-mill products
_
do _
Apparel and related products
do
Leather and leather products
-do _ _
Paper and allied products
do
Printing and publishing
-do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber products
do
19, 855
3,549
1,287
1,694
2,874
1,694
19, 836
3,556
1,317
1.685
2,772
1, 650
19, 805
3,522
1, 313
1. G93
2,779
1,590
19, 550
3,486
1,321
1,704
2,735
1, 543
19, 544
3, 473
1.296
1,693
2,734
1,537
19, 786
3,485
1.289
1,724
2, 764
1, 685
1,027
1, 032
1, 059
1,039
1,028
1,007
2,998
2,602
865
2,986
2, 628
877
2, 973
2,544
878
543
972
722
2,979
2,574
840
2, 966
2,556
848
715
3,011
2, 607
864
2,995
2,683
884
3,022
2,728
884
3,022
2,788
877
do
_do , _
do
do
do
do
motor
of dol_
do
do
do
do
'22,721
'11,142
2,013
1,175
1, 195
1,966
23, 493
11,392
1,947
1,058
1,550
1, 984
23, 075
11,841
1,749
1,955
1,708
24, 569
12, 761 !
2,258 1
1. 262
1,289
1,934 !
23, 284
11,492
1, 883
1,275
1, 156
1,713
24, 327
12, 423
1,271
1,278
1,355
1,908
23, 688
11,393
1,374
1,252
1,174
1,916
21,792
9,938
1,789
1, 142
1,066
1,515
24, 386
12, 198
2,194
1 375
1,311
1,883
' 2, 448
2,346
11,579
2, 675
8,904
2,488
2,364
12, 101
2,792
9,310
3,330
2,116
11,234
2, 457
8,777
3,447
2,517 '
11,808
2,477
9,330
3,009
2, 456
11,792
2, 645
9,146
4,019
2,592
11,904
2,791
9,113
3,069
2, 609
12, 295
2,996
9,298
2, 308
2,118
11,854
3,067
8,787
3,171
2 265
12,187
2.823
9,364
Unfilled orders (unadjusted), total©
„ _ do_ .
Durable-sDods industries, total
do
Primary metals _ __ .
_
do
Fabricated metal products
do
Electrical machinery and equipment
do
Machinery, except electrical
do
Transportation equipment, including motor
vehicles and parts.
__
mil. ofdol
Other industries including ordnance
do
Nondurable-goods industries, total 9
do
66, 823
63, 506
8,125
5,934
9,038
12, 165
67, 088
63, 797
7,983
5,819
9,227
12, 171
68, 992
65, 887
7,800
5,781
10, 596
11,941
69, 978
67, 114
8,042
5, 997
10, 735
11,719
69, 230
66, 309
7,838
5,974
10, 754
11,303
72, 541
69, 340
8,104
6,088
1 1, 302
11,097
74, 985
71,705
8, 561
6, 196
11, 497
11,279
75, 220
71 882
8,597
6, 226
11,419
11,115
75, 662
72 305
8, 465
6 383
11 512
10 942
74
71
8
6
11
10
478
256
406
335
501
651
73, 163
70 049
8,125
6 209
11,241
10 438
72, 520
r 69 605
r
7, 930
r
5 994
r
11 338
r 10 226
72
69
8
5
11
10
22, 192
6, 052
3,317
22, 414
6,132
3,292
23, 644
6, 125
3, 105
24, 394
6,228
2, 864
24, 344
6,097
2,922
26, 478
6,271
3,201
27, 563
6,609
3.280
27, 912
6 613
3,338
28, 587
6 417
3 357
28, 249
6 112
3 223
28, 081
5 954
3 114
r
28, 468
6 051
2 987
JSTew orders, net (adjusted), totalO
Durable-goods, industries, total
Primary metals
Fabricated metal products
Electrical machinery and equipment
Machinery, except electrical
Transportation equipment, including
vehicles and parts
mil.
Other industries, includine; ordnance
Nondurable-goods industries, total
Industries with unfilled orders?
Industries without unfilled orders!
19, 967
3. 456
1,229
1,722
2,991
1,779
615
995
786
581
779
587
772
984
582
778
575
751
558
741
554
19, 908
3,489
1, 259
1,720
2,798
1,770
19,932
3,443
1, 268
1, 726
2,833
1,725
' 19, 761 ' 19, 532
r
3,450
3, 332
r
1,202
1, 164
r
1,742
1, 778
r
2,743
2, 654
1,618
' 1, 665
545
' 548
T
974
1, 001
775
'758
r
3,009
2, 968
2,805
' 2, 727
'897
936
19, 319
3,281
1 136
1,787
2,536
1 709
' 24 152 ' 23, 061 r 24, 386
'11,441 ' 11, 930
11,452
r
1,855
1, 834
2 211
r 1 OQ3
1 169
1 289
r
1,184
1,324
1, 366
1,999
1,926
' 1, 965
23, 972
12, 113
2 179
1 073
1,472
1, 750
19,800
3,488
1 222
1.726
2,841
1,609
541
973
734
549
960
744
3,010
2,777
874
r
r
2, 552
2 451
12, 700
2,822
9,878
r
' 2, 910
2, 789
r
2 445
2 651
' 12, 456
'11,620
2,525
' 2, 904
' 9, 094
' 9, 552
r
28, 380
' 5 737
T 2 915
552
996
775
2, 968
2,642
3 018
2 62^
11,859
2, 776
9, 083
876
889
014
847
416
093
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
Operating businesses, end of quarter, total
Contract construction
IVTanufacturing
Service industries
Retail trade
Wholesale trade
_ _
_
All other
4, 035. 9
390.6
305.1
863.2
1, 663. 9
210.0
603.2
thous
do
do
do
do
do _.
do
New businesses quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
AVholesale trade
All other
do
do
do
do
do
do
do
Discontinued businesses quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
All other
do
do
do
do
do
do
do
B usiness transfers quarterly total§
do
' 4, 050. 0
- 399. 4
T
303 1
r
865. 8
' 1,
663. 3
r
210. 6
'607 7
122.8
24.2
12.9
21.2
41.6
17.6
100.8
13.9
12.1
17.6
41.6
....
v Qn 3
110.6
22.2
10.8
18.6
39.6
4 6
14.8
5.3
_
v 4, 049. 6
P 403 0
•p 299 7
v 866 2
v 1, 658 5
* 210. 9
90
16
8
15
33
3
13
2
2
6
3
1
9
*>
11.9
' 96 6
'13 4
'12 8
' 16 0
'40
3
r
39
' 10.2
D 90 7
" 12 6
v 12 0
v 15 0
v 37 8
p3 7
v9 6
130.2
101.0
101 2
3.7
;
;
:
.
BUSINESS INCORPORATIONS^
8,357
7,138
7,902
8,284
7,915
7,819
7,549
7,088
7,529
8,223
number. do
do _
_ _ _ _ _ _ -do _
do
do
671
619
715
780
638
671
580
594
539
631
thous of dol
do
do.
do
do
_ __ _
_do_ _ _
26, 208
4,249
2,672
8,365
7,761
3,161
New incorporations (48 States)
number. -
6, 741
' 8, 274
9,468
INDUSTRIAL AND COMMERCIAL
FAILUREScf 1
Failures, total..
Commercial service
Construction
_
Manufacturing a n d mining _
Retail trade
_ _
Wholesale trade
Liabilities, total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade___ _
_
50
68
143
348
62
52
70
133
304
60
55
72
148
371
69
58
93
171
375
83
19, 474
1,649
1,935
5,614
6,548
3,728
29, 232
4,563
2,485
13, 046
6,905
2,233
29, 530
1,744
3,853
12, 633
7,050
4,250
60
75
111
333
59
21, 193
1,219
2,646
10, 217
5,264
1,847
52
78
128
340
73
41
48
133
299
59
51
58
109
316
60
36
50
107
288
58
21, 222
1,971
2,990
6,971
7,024
2,266
22, 789
1,466
3,196
8,882
5,434
3,811
16, 322
1,809
1,816
5,056
5,255
2,386
20, 138
947
2,729
6,780
5,317
4, 365
52
88
146
291
54
35 049
2,175
5,167
13 079
6 078
8,550
590
61 !
62 I
121
280
66
18 757
3 027
1, 588
5 853
5 865
2,424
!
583
43
76
131
288
45
23 400
953
5, 068
8 458
7, 046
1,875
647
39
78
130
334
66
23 309
868
?, 735
9 107
8 009
2,590
' Revised.
» Preliminary.
fRevised series. See corresponding note on p. S-3.
0 Adjusted data for new orders replace the unadjusted series formerly shown; for data beginning 1948, including those for unadjusted unfilled orders, see pp. 17 and 18 of the November
1952 SURVEY.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
^For these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 SURVEY.
cfData are from Dun & Bradstreet, Inc.
SURVEY OF CURRENT BUSINESS
March 1953
S-5
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
February
January
March
April
May
June
1953
July
August
September
October
November
December
January
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products^
Crops
_ -__ _
.
_-_
Food grains
Feed grains and hay
Tobacco
Cotton
Fruit
Truck crops
Oil-bearing crops
Livestock and products
IVIeat animals
Dairy products
Poultry and eggs
-
1910-14=100.do__ .
do
__do_- _
do
_
- -do
do
do
do
- do
do
do
do
300
277
251
234
431
325
171
337
303
320
376
316
200
289
259
249
230
436
313
168
217
296
317
377
317
181
288
265
251
229
435
309
176
265
284
310
372
305
177
290
272
250
229
435
313
179
308
279
306
372
291
180
293
270
245
227
436
303
190
285
280
313
394
281
175
292
277
238
226
437
319
220
250
289
306
380
277
181
295
276
230
227
436
311
214
287
307
312
376
286
208
295
272
236
233
436
319
206
229
310
316
372
295
225
288
264
240
234
428
329
200
182
305
309
349
307
227
282
260
240
219
429
311
215
189
304
301
328
316
228
277
257
248
213
412
288
195
238
300
295
310
318
238
269
257
247
218
428
268
206
256
300
280
291
309
221
267
251
245
214
419
252
208
237
291
281
303
296
218
Prices paid:
All commodities
1910-14=100.
Commodities used in living
do
Commodities used in production
do
All commodities, interest, taxes, and wage rates
1910-14=100..
275
271
278
276
271
281
275
270
280
276
271
280
276
271
281
273
272
273
273
273
273
274
273
274
271
271
272
269
269
269
268
269
266
267
269
264
267
268
265
287
288
288
289
289
286
286
287
285
282
281
280
282
Parity ratio 9
105
100
100
100
101
102
103
103
101
100
99
96
95
All commodities (U. S. Department of Commerce
index)
1935-39=100,.
210.9
208.9
208.7
209.7
210.3
210.6
211.8
211.8
211.1
210 7
210.4
209.6
209.0
Consumer price index (U. S. Department of
Labor) :f
All items (revised series)
1947-49=100
Apparel
do
Food
_
do .Dairy products
do
Fruit and vegetables
do
Meats, poultry, and fish _
. do_ _
Housing
do
G a s a n d electricity
_ _ _ _ _ do
Housefurnishings
do
Rent
. _-_do ._
113.1
107.0
115.0
112.0
118.2
117.1
113.9
103.5
110.2
116.0
112.4
106.8
112.6
112.7
109.5
116.7
114.0
103.8
110.0
116.4
112.4
106.4
112.7
112.0
113.7
115.2
114.0
103.8
109.4
116.7
112.9
106.0
113.9
110.4
121.1
114.8
114.0
103.9
108.7
116.9
113.0
105.8
114.3
109.3
124.3
114.5
114.0
1C4. 1
108.3
117.4
113.4
105.6
114.6
108 9
122.4
116.5
114.0
104.3
107.7
117. 6
114.1
105. 3
116.3
110.2
124.0
116.4
114.4
104. 2
107.6
117. 9
114. 3
105.1
116.6
111.0
118.7
119.4
114.6
105.0
107.6
118.2
114.1
105.8
115.4
112.5
111.5
119. 2
114.8
105. 0
108.1
118.3
114 ?
105 6
115 0
113 2
111 3
116.9
115 2
105. 0
107 9
118.8
114.3
105.2
115.0
113.3
115.9
114.3
115.7
105.4
108.0
119. 5
114.1
105.1
113.8
112.7
115.8
113.0
116.4
105. 6
108.2
120.7
114.7
111.0
107.2
122.8
113.2
114.8
111.1
106.6
123.7
114.4
115.7
111.0
106.3
124.4
114.8
115.9
111.3
106.2
124.8
115.2
116. 1
111.6
106.2
125.1
115. 8
117.8
111.7
100. 8
126. 3
115.7
118.0
111.9
107. 0
126. 8
116.0
118.1
112.1
107.0
127.0
115.9
118.8
112.1
107. 3
127.7
115.9
118.9
112.3
107.6
128.4
115 8
118.9
112.4
107. 4
128.9
115.8
119.3
112. 5
108.0
128. 9
115.9
119.4
112.4
107.8
129.3
115. 9
113.0
112.5
112.3
111.8
111.6
111.2
111.8
112.2
111.8
111.1
110.7
109.6
109. 9
do
do __
do
do
110.0
121.5
103.6
106.7
107.8
112.6
101.7
106.2
108.2
123.9
102.0
105.2
108.7
127.3
100.9
106.6
107.9
128.9
98.8
108.9
107.2
124.2
95.4
107.2
110.2
128.2
94.9
108.2
109.9
124.3
96.9
106. 4
106.6
115.6
96.9
99.3
104.9
111.7
95.0
94.8
103.6
113.2
96.5
93.0
99.2
112.3
96.1
86.8
99.8
107. 3
94.6
92.7
Foods, processed
_
do
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables, canned and frozen
1947-49 =100. _
Meats, poultry, and
fish
_
do__ _
110.1
107.5
113.2
109.5
107.4
115.1
109.2
107.5
113.3
108.0
107.4
112.2
108.6
107.0
110.6
108.5
106.7
110.1
110.0
106.5
113.8
110.5
106.4
114.3
110. 3
106. 5
116.4
108.5
106.4
115.9
107.7
107.1
115.5
104.3
106.8
113.0
105. 5
106.8
111.9
105.7
113.5
104.8
110.8
104.9
111.0
104.6
109.4
104.2
112.1
103.5
110.1
103.9
110. 6
105.1
112.3-
105.9
109.4
105.9
104.1
106.0
102.0
105.0
93.9
105.4
99.3
114.3
106.7
118.1
94.8
56.8
109.4
109.3
114.2
105.9
117.5
93.4
51.2
109.6
108.7
113.8
105.4
117.0
93.1
47.3
109.6
107.9
113.3
104.8
116.8
92.7
42.6
109.8
108.0
113.0
104.3
115.1
92.2
47.2
111.5
107.3
112.6
104.3
114.9
92.2
52.0
109.9
107.0
112.5
104.2
114.7
92.1
49.8
110.7
106. 9
113.0
104.0
114.6
92.1
47.5
110.9
106. 9
113.2
104.0
114. 3
92.1
48.9
111 0
107 0
113.0
103.9
113.9
92.0
51.0
111.0
106. 5
112.8
103.5
112.7
91.9
53.1
111.1
106 3
112.9
103.3
112.3
91.3
52.8
113 0
106 1
112.9
103.6
112.8
91.5
53.8
112 9
106 2
107.2
116. 1
98.5
104.9
107.9
107. 3
116 3
98.5
104.9
107 9
112.7
107 6
95.0
74.9
113 0
do
RETAIL PRICES
Medical care
Personal care
Reading and recreation
Transportation
Other goods and services
do ._
__do
do
do
do
1
113.9
104. 6
113. 1
111.6
116.7
110.9
116.4
105. 9
107. 7
121.1
WHOLESALE PRICESd"
U. S. Department of Labor indexes (revised) :f
All commodities
1947-49=100.Farm products
_ Fruits and vegetables fresh and dried
Grains
Livestock and live poultry
Commodities other than farm products and
foods
1947-49 = 100
Chemicals and allied products
do
Chemicals industrial
_
do
Drugs, Pharmaceuticals, cosmetics.-- do
Fats and oils inedible
do
Fertilizer materials
do
Paint and paint materials
do
Fuel, power, and lighting materials
do
Coal
do _
Electricity
_
...do...
Gas
_
__.--_
.do
Petroleum and products
do
Furniture and other household durables
1947-49=100..
Appliances, household _
_ .do
Radios
do
Television
-do_.
Furniture, household
do
107.4
108.8
98. 0
106.6
110.8
107.2
108.8
98.0
107.0
110.4
107.4
108.7
99.1
105.7
110.6
106. 3
104.9
99.1
106. 6
109. 5
106.0
104.9
98.0
104.2
109.9
105. 9
105.3
98.5
102.0
109.6
106. 0
106.0
99.1
101.4
109.4
105. 8
106. 5
100.7
100.4
108.3
106. 2
107. 6
101. 3
100.3
108 5
106. 6
113.3
98.5
100.4
108. 5
106.7
113.6
98.0
104.9
108.1
112.3
108.0
'94.1
r
77. 0
113.6
112.4
108.0
111.9
107. 4
112. 1
107.8
on 7
111.7
107.3
111.6
106.8
111.6
106.8
111.5
106. 8
112.0
107.2
112.1
107.2
113.5
113.4
113.4
113.1
112.7
112.6
112.5
112.0
107.3
93. 7
112 6
112.6
112.8
112.3
107.5
r 95. 0
74. 9
113.0
Hides, skins, and leather products
Footwear
Hides and skins .
Leather
102.2
115.9
69.7
97.0
99.5
116.1
63.7
89.5
98.0
115.9
59.6
87.6
94.1
113.9
49.7
84.4
94.7
111.1
58.1
84.5
95.9
111.0
59.5
88.9
96.2
110.6
61.8
89.3
96.5
110.6
64.4
89.3
96. 5
110 6
64.4
89 3
96.6
110.6
65.0
89.9
97.6
111.0
69.2
90. 1
99.0
112.0
70.6
92.9
97.3
112 0
62.1
92 9
120.1
120.4
120.3
120.6
120.5
120.7
120.9
121. 3
120.7
121. 1
119.9
120.1
120.2
120.4
120.5
120.6
120 4
120. 6
120.2
120.2
119.7
120.0
119.7
119.8
120 3
120.0
Lumber and wood products
Lumber
do
do
__do
do
__
do
_. __do _ _
}
QO 1
A
/
\
r
121. 3
120.8
121.4
121.6
122.0
121.4
121.8
121.6
121.4
121.3
121.4
Machinery and motive products _ _ ..do
121.5
121. 5
121.5
121.5
121.8
121.6
121.5
121.5
121.8
121.5
121. 5
Agricultural machinery and equip
do
121.5
121.6
121.7
121 7
125.2
124.6
124.9
125.3
125.4
124.9
125. 4
125. 8
Construction machinery and equip
do
125.3
125.8
126.3
126. 2
126. 2
121.6
121.5
121.5
120.9
120.8
120.0
119.9
Electrical machinery and equipment- .do
119.5
119.0
119.6
119.8
119.7
119. 6
120.0
117.1
119.7
119.7
120.0
119.7
119.7
119.7
Motor vehicles.
do
119.7
119.7
119.7
119.7
119.7
••Revised.
1 Index on base previously used (1935-39=100) is 190.4.
§February 1953 indexes: All farm products, 263; crops, 247; food grains, 240; feed grains and hay, 206; tobacco, 424; cotton, 255; fruit, 209; truck crops, 237; oil-bearing crops, 287; livestock
and products, 277; meat animals, 305; dairy products, 286; poultry and eggs, 206.
9Ratio of prices received to prices paid (including interest, taxes, and wage rates).
cfFor actual wholesale prices of individual commodities, see respective commodities.
fReyised series. Consumer price indexes through 1952 reflect shift in base period and changes in classifications; data beginning 1953 represent the completely revised or "new index", incorporating revised weights, expanded sample of items, and revised sample of cities; revised data prior to January 1952 will be shown later. Revised wholesale price indexes reflect use of new
base period, expansion of commodity coverage, and changes in the classification system, weights, and calculation method; for monthly data (1947-51), see pp. 22-24 of the March 1952 SURVEY;
for monthly data (1926-46) for "all commodities" and "all commodities, except farm products and foods", see p. 24 of the June 1952 issue.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 10.",:]
1952
February
January
March
April
May
June
July
August
September
October
November
December
124 1
113.7
1°7 3
122.9
114 4
124 0
119 7
117 7
123 9
113.6
197 0
122. 5
114 5
124 0
112 7
117 7
194 0
113.6
1 27 0
122. 3
114 6
124 n
112 7
117 7
I'M 0
113. 6
127 1
122.5
114 8
115 5
124 9
115 5
124 9
126
4
196 3
98 6
98 3
98 4
139 3
115 8
124 9
127 3
112 6
115 9
124 9
127 7
126 93
98
98 3
97 7
139 7
87 8
112 6
126* °>
98 9
100 1
97 0
141 4
88 1
112 9
110 8
111 2
105 7
110 8
111 ?
105 7
110 6
110 7
105 7
Jai
COMMODITY PRICES—Continued
WHOLESALE PR ICE So*—-Continued
U. S. Department of Labor indexes (revised) :t— Con.
Commodities other than farm prod., etc.— Con.
Metals and metal products
1947-49 — 100
Heating equipment
-do
Iron and steel
do
Nonferrous metals
do
Nonmetallic minerals, structural
do
Clay products
.
_ _ do _.
Concrete products
do
Gypsum products
do. __
Pulp, paper, and allied products
Paper
Rubber and products
Tires and tubes
Textile products and apparel
Apparel
Cotton products
Silk products
Synthetic textiles
Wool products
122.4
114.0
123.1
124.2
112.9
121.4
112.4
117.7
122.6
114.0
123 2
125. 0
112.9
121.4
112.4
117.7
122.6
114.0
123.2
124.9
112.9
121.4
112.4
117.7
122.5
113.9
123. 0
124.8
112.8
121.3
112.4
117.7
121 8
113.7
122 8
122.0
112.9
121.4
112.4
117.7
121 1
113. 5
122 4
120.0
113.8
121.4
112.4
117.7
121 9
113.6
122 3
124.0
113 8
121.3
112 4
117.7
124 1
113.7
127 2
124.4
113 8
121 3
112 4
117 7
124 6
113.7
127 5
124.7
113 8
121 3
112 7
117 7
. . do. _.
do
do __.
do
do
do
do .
do
do
- do
118.2
122.8
144.1
133.4
103.3
101.7
102.8
126.0
91.4
118.0
118.3
123.7
143.1
133.4
102.1
101.7
101.0
130. 2
89.9
114.4
117.7
123.8
142.0
133.4
100. 6
99.6
129.1
87.3
111.8
117.4
123.5
140. 6
133.0
99.9
101.2
98.6
128.4
86.7
109.2
116.9
123.5
140.4
133.0
99.3
100.8
97.2
128.8
86.8
111.7
116.7
124.2
133.4
130.5
99.0
100.3
95.4
129.8
88.6
112.8
115.3
123.8
130.0
129.6
98.9
99. 5
96.1
134 7
89.2
113.9
115 6
124 0
127 8
126 3
99 1
99 1
97 6
139 3
90 5
113 3
115
124
126
126
99
99
98
139
89
112
do
do
do
108.1
105.9
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105. 7
110 8
111 2
105 7
110 8
111 9
105 7
'88.4
' 88. 3
'88.8
'88.9
r
88.7
^88.9
'89.3
' 88. 5
' 87. 7
' 89. 5
' 88. 4
"87.4
'89.8
'88.1
'89 3
r 89 0
r 89 3 '
r 87. 5
87 4 I
'85.7 i
r
87 5 i
' 86. 6
r 86. 9
'90 2
87 4
' 86. 9
' 87 5
' 87. 8
Tobacco mfrs. and bottled beverages
Beverages alcoholic
Cigarettes
101.fi
6
0
3
3
5
3
9
3
9
4
PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale pricest
Consumer prices f
Retail food prices t-_.._
1947-49—100
do
_._
do ._
19ft 0
i
126
99
Q8
99
140
89
113
3
9
4
2
0
5
2
110 8
111 2
105 7
89*0
124' o
11° 8
117 7
|
' 86. 9
' 88. 9
r §§. fi
r
85. 9
r
r 89 9
' 87 5
r
r 91 1
i QO 9
87 7
88. 3
1
1
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY 9
New construction, total
mil. of doL
Private, total
do
Residential (nonfarm)
do
New dwelling units
do
Additions and alterations
do
Nonresidential building, except farm and public
utility, total
mil. of dol__
Industrial
do
Commercial
do
Farm construction
do
Public utility
do._..
Public, total
Residential
Nonresidential building
Military and naval
Highway
Conservation and development
Other types
do..
do..
do
do
do..
do..
do_.
2,174
2,088 !
2,332
2,516
2,743 i
2,945
3,027 I
3,095
3,098 I
3,011
2,787
2,513
1,517
719
650
56
1, 463
676
600
63
1,690
849
750
87
1,811 i
922
810
1,925
983
865
103
1,994 !
1,023 !
905
101
2,037
1,047
930
99
2,030
1,049
935
96
1,988
1,048
935
95
1,924
1,033
925
1,789
953
865
70
415
209
83
110
267
406
209
75
113
263
1,617 I
799 i
710 |
77 j
i
398 I
202
74 I
123 !
292
411
180
97 '
180
371
418
181
98
183
381
430
187
101
168
376
434
189
104
139
360
435
190
109
117
331
421
187
107
103
304
657
63
286
91
90
62
65
625
58
275
85
90
56
61
1,058
55
373
129
335
75
91
1,068
53
369
127
350
79
90
1, 023
52
352
125
330
77
87
863
49
332
117
215
70
724
47
314
107
120
62
74
715 I
55 I
311 i
100
115
65
99
386
194
73
136
313
392
188
404
182
92
171
359
826 |
54
343
109
175
68
77
932
54
356
116
250
72
84
1,020
54
375
119
310
76
1,033
53
375
121
320
76
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
Total projects
numberTotal valuation
thous. of doL
Public ownership
do_ _ _
Private ownership
do_ _ Nonresidential buildings:
Projects
Floor area
Valuation
Residential buildings:
Projects
Floor
Valuation
Public works:
Projects
Valuation
Utilities:
Projects
Valuation
number.
thous. of sq. ft.
thous. of dol.
31, 842
902, 091
296,897
605,194
33,767
45,041
50,097
63,709
50, 845
52,078
52, 909
47, 006
50,542
41,569
34,661
885,206 1,321,254 |1, 597, 517 1,563,660 1,488,850 1,511,285 1,438,725 | 2,039,203 1,310,958 il, 248,803 1, 467, 384
338,662 554,050 | 630,357 ! 557,803 559,140 | 618.737 501,258 j 1,269,355
410,433 I 490,650
477,693
546,544 767,204! 961,16011.005,857
929,710 | 892,548 937, 467
779, 848
890, 525
758,153
989, 691
3,325
24, 868
357,676
301,404
3,472 i
24, 941
29,069
number _
thous. of sq. ft_
thous. of dol_
45, 380
396, 438
840
130,814
number.
thous. of dol.
297
75, 880
296
62, 479
Value of contract awards (F. R. indexes) :f
Total, unadjusted
1947-49=100.
Residential, unadjusted
do.._
Total, adjusted
do.-.
Residential, adjusted
do.. _
132
118
161
142
136
145
156
163
Engineering construction:
Contract awards (ENR) §
I
thous. of dol._! 1,196,798
t
930 !
num ber _
thous. of doL
4,311
33, 345
5,022
5, 468
5,196
4,289
41,725
40,979 I 38,912
29, 257
551,500 ! 562,686 519,940 1,272,367
463,276 ;
43, 447
38,860
73, 847
65,422
592,717 \ 681,614
1,429
1,814
241,740
124,885 | 193, 714
441
71, 547
166
183
164
174
i
i
i
!
111,907
387
509
127, 414
196
222
171
189
203
221
168
186
200
213
172
193
5.161
38'. 822
470, 520
43, 465
64, 003
608,078
44, 943
65, 80,3
627, 596
40,440
56.743
518,471
2, 680
243, 458
2,310
208, 887
1,838
176, 652
1,665 |
152,455 I
465
97, 063
460
82, 302
439
71,713
404 !
85, 670 i
194
109
177
196
218
192
207
193
209
192
207
191
788,429 |1,042,851 11,180,340 11,433,642 1,140,654 2,310,504 2, 210, 572
'201
'181
210
185
4, 382
3, 589
39,788 : 51,596
461,476 '713,100
911
134,114
364
63, 633
177
172
196
178
952,218 j 1,446,381 j 1,079, 879
353
' 181, 590
' 166
' 156
'205
' 183
906,976
Highway concrete pavement contract awards:©
!
6,702 I
5,411 !
7,047 !
6,587
3,487 ! 3,723
6,081
5, 537
2, 571
5,258
Total,.thous. of sq. yd.
791 !
729
621 I
879 !
427 I
843 !
390
1,070
1,512
1,691
Airports
do._3,128 !
2, 652
3,401 !
2, 657
1. 051
1, 193
3,289
2,901
1,497 !
988 !
1,486 i
Roads
.
do--.
2,783
-' 1, 454
2,
359
2,803
3,
201
2,
795
988
1,369
i
1,856
!
1,695
:
2,248
i
2,259 i
Streets and alleys
.
do._2
' Revised. 1 Indexes on base formerly used (1935-39=100) are as follows: Measured by—wholesale prices, 47.6; consumer prices, 52.5; retail food, 43.8.
Data include sonic contracts
awarded in prior months but not reported.
cfFor actual wholesale prices of individual commodities, see respective commodities.
JSee note marked "t" on p. S-5.
fReyised series. Purchasing-power data are based on revised price indexes shown on p. S-5. Indexes of contract awards reflect use of new base period.
Revisions prior to 1952 for
purchasing power and prior to 1951 for contract awards will be shown later.
9 Revisions for 1947-50 appear on p. 20 of this SURVEY. Revisions for January-March 1951 (except for grand total, total public, and military and naval, which have been further
revised and will be shown later) appear at bottom of p. S-4 of the June 1952 SURVEY.
§Data for January, May, July, and October 1952 and January 1953 are for 5 weeks; other months, 4 weeks.
OData for January, May, July, and October 1952 are for 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
March 1953
S-7
1953
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
^bru-
March
April
May
June
July
August
September
October
November
100, 800
101, 100
' 86, 100
December
January
CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
77, 700
(II. S . Department of Labor) .. . _ _ 1 _
number. _ 64, 900
Urban building authorized (U. S. Dept. of Labor):
' 37, 711 ' 45, 722
New urban dwelling units, total _ _
number
Privately financed, total
do.. _ ' 34, 426 ' 43, 209
' 28, 406 ' 35, 003
Units in 1 -family structures
do
' 2, 388 '3,019
Units in 2-farnily structures
do_.
' 3, 632 ' 5, 187
Units in multifamily structures _ - __do - 3,285
2 513
Publicly financed total
do
Indexes of urban building authorized:!
100.9
'82.7
Number of new dwelling units
1947-49 = 100-' 95. 3
107.5
Valuation of building, total
.do... 126.2
'100.9
New residential building
do '88,1
81.4
New nonresidential building
do
97.4
'90.7
Additions alterations and repairs
do
103, 900
106, 200
109, 600
103, 500
102, 600
99, 100
' 58, 016 ' 64, 921 r 61, 478 ' 55, 134 r 52, 178 rr 50, 182 ' 54, 393 rr 54 409 r 41, 952
' 49, 924 ' 56, 295 ' 53, 414 ' 48, 909 ' 50, 636 48, 764 ' 52, 889 52, 785 ' 38, 206
' 40, 202 ' 45, 968 ' 43, 670 ' 41, 107 ' 41, 842 ' 39. f 97 ' 42, 761 ' 42, 655 ' 30, 780
' 3, 471 ' 3, 562 ' 3, 548 ' 3, 080 ' 2, 938 ' 3, 298 ' 3, 588 ' 3, 055
' 2, 499
' 6, 251 ' 6, 765
6,196
' 4, 722 ' 5, 856 ' 6, 369 ' 6, 540 ' 7, 075
' 4, 927
r
i
504
8 092
8 626
6 225
8 064
1 542
1 418
1 624
3 746
76, 000
171,000
37, 508
33, 902
26, 356
2,585
4, 961
3 606
37,717
34, 756
26, 783
2, 347
5,626
2 961
130.1
140.7
166. 1
110.3
115.1
142.5
152.3
183.8
115 6
118.6
129.5
147.0
171.2
113 5
133 2
121.8
157.0
161.7
152 7
149.4
116.0
145.6
150.9
139 9
138.7
108.2
133.8
139.4
128 6
124.6
117.1
143.0
155.2
127 8
132.9
119.9
147.8
161 2
132 9
131 9
88.9
114.3
117.9
114 6
100.0
'83.1
'r 108. 9
106 6
r
119 6
r
92 8
84.0
104.0
106.1
102 9
98.2
CONSTRUCTION COST INDEXES
Department of Commerce composite t- 1947-49 =100. .
Aberthaw (industrial building)
1914 — 100
American Appraisal Co.:
Average 30 cities
1913=100
\tlanta
- -do
New York
do _ _
Ran Francisco
do
St Louis
_ - _ - - _ do Associated General Contractors (all types).. -do
E. H. Boeckh and Associates :§
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete- -U. S. avg. 1920-29= 100. .
Brick and steel
...
-_do - _ _
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
do . Brick and steel - -do
Brick and wood
_ _. do
Frame
_
_
-do
Steel
do
Residences:
Brick
--- do _
Frame
do
Engineering News-Record :tcf
Building
1947-49=100-Construction
do
Bu. of Public Roads— Highway construction:
Composite standard mile
1925-29=100
118.4
118.3
118.6
374
119.5
119.7
120.8
383
121.8
122.4
122.7
383
122.6
122.5
122.5
383
122.8
542
581
549
497
535
380
543
581
550
497
535
378
544
582
551
498
537
378
545
582
552
499
541
379
548
584
554
504
543
381
550
588
554
504
544
382
555
600
554
513
549
391
558
602
555
513
549
393
561
604
556
514
551
394
562
604
557
521
551
397
564
604
572
521
551
398
567
604
573
522
558
399
568
611
574
522
560
398
237.0
237.9
248.0
236.7
237.4
247.8
237.2
237.7
248.0
238.3
238.5
248.9
239.4
239.2
249.5
242.1
241.3
251.9
243.5
242.9
252 7
245.3
244.5
253 8
246.0
245.2
254 4
246.4
245.5
254 2
246.4
245.3
253 4
246.3
245. 1
253 3
246.6
245.6
254 1
239.2
238.0
243.8
251. 9
222.6
239.0
237.9
243.7
251.5
222.4
239.7
238.3
244.0
251.5
222.7
241.0
239. 3
245.1
252. 1
223. 3
242.2
240.7
245.8
252.8
226. 1
245 3
243. 4
247.8
255. 8
226 4
246 8
245.7
248 8
256.4
229 5
248.6
247.5
249 8
257.0
231 2
249 4
248.5
250 5
257.3
232 2
249 8
248.2
250 5
256 8
232 4
249 7
248.0
250 0
255.8
232 3
249
248
249
255
232
8
5
9
5
3
251 0
248.9
250 6
256. 6
232 6
248.5
246.5
248.3
246.2
248.5
246.2
249.4
246.9
250.0
247.4
252.5
249 8
253. 3
250 4
254.2
251 1
254 8
251 5
254 6
251 2
253 8
250 3
253 7
250 1
254 4
250 9
120.1
121.3
120.5
121.5
120.6
122.3
121.3
123.0
122.0
124.0
122. 6
126.0
124.9
128 9
125.6
129.5
125.6
129 9
126.0
129 9
125.7
129 7
125 7
129 6
125 8
129 6
169.1
171.8
174.9
176 0
CONSTRUCTION MATERIALS
Production of selected construction materials, index:}:
Unadjusted
1939 = 100
Adjusted
_ _ _
do-_
138.9
162.6
138.7
168.1
149.4
158.1
156.2
157.1
156.9
148.3
149.2
139.4
149.7
140.7
173 6
153.4
177 6
165 2
184 6
166 6
r 155 5
r
!56 9
v 148 4
v 167 9
REAL ESTATE
Home mortgages insured or guaranteed by—
Fed. Hous. Adm.: New premium paying
thous. of doL. ' 162, 567 ' 128, 074 ' 126, 539 ' 129, 133 ' 134, 166 '141,115 ' 159,649 ' 159, 670 ' 180, 967 ' 205, 182 ' 180, 737 ' 203, 423 209, 674
242, 103
235, 651
244, 042
301,276
Vet. Adm.: Principal amount _.
do
202, 758
195, 987
189, 189
202 746
217 292
220 008
243 087
243 300
226 936
Federal Home Loan Banks, outstanding advances
612
589
665
581
591
to member institutions
mil. of dol
653
656
687
752
791
715
683
864
New mortgage loans of all savings arid loan associa427, 835
514, 098
400, 443
549, 140
tions, estimated total
thous. of dol
586, 035
586, 842
595, 994
617 431 616 352
658 787
522 681
541 295
497 314
By purpose of loan:
131, 487
115, 168
171, 907
182, 636
Home construction
do
197 525
191 812
190 039
1°*9 720
207 589
163 074
192 667
161 405
147 444
9g5 337
185, 920
213, 723
183, 733
238, 587
251, 884
303 107
Home purchase
do
257 069
264 692
279 192
243 112
248 448
222 232
43, 397
49, 104
37, 906
49, 446
Refinancing _ _
._
do50, 076
49, 595
53, 014
42' 379
50 850
54 597
50 457
49' 739
49 Oil
15, 567
1 5, 033
18, 959
21, 797
Re pairs and reconditioning
do
24, 452
24 238
25 065
24 625
25 997
20 148
26 097
18 408
19 730
51, 464
48, 603
60, 405
56, 674
All other purposes..
do
62, 098
64, 128
63, 184
63 044
61 794
67 497
53 968
61 973
60 219
New nonfarm mortgages recorded ($20,000 and
under), estimated total
thous. of dol._ 1, 298, 254 1, 270, 908 1, 393, 317 1, 482, 161 1, 511, 488 1,512,734 1, 590, 319 1, 597, 783 1, 587, 523 1, 727. 343 1,492,390 1, 553, 457 1,400,615
11.6
11.7
Nonfarm foreclosures, adjusted index.. 1935-39= 100-..
11.3
11.1
11.5
12.1
11.7
12.4
11.1
10.6
11.8
11.6
72, 254
69, 925
74, 155
67, 380
62 354
Fire losses
thous of dol
58 585
61 675
56 462
63 958
74 127
58 949
65 129
76 659
'
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
Combined index_
1935-39=100
453
447
439
438
433
436
445
456
456
475
473
488
539
Business papers...
_
do.
481
487
514
511
515
520
554
548
547
529
570
394
Magazines....
do
379
369
404
371
362
388
403
387
369
420
408
Newspapers
. do
293
304
294
300
310
329
327
318
310
330
323
340
Outdoor.
do
346
401
362
362
354
372
359
344
383
378
371
373
244
Radio
do
253
247
248
236
241
296
264
254
268
256
265
115.6
Tide advertising index, unadjustedf.. 1947-49=100-.
127.7
153.2
141.3
154.1
114.2
140.8
141.9
127. 3
111.2
165. 4
157.6
119. 0
Radio advertising:
Cost of facilities, total
thous. of doL14, 520
13, 561
14, 520
13, 948
13, 970
12, 972 ' 11, 254 ' 10, 974 ' 12, 890 ' 15, 442 ' 14, 478 14, 925
9
Automotive, incl. accessories ._
do
407
276
329
319
345
370
196
323
256
396
640
52
4 O7§
Drugs and toiletries
do
3,993
3 691
3 949
3 847
3 885
3 612
2 658
3 254
3 003
' 4 287 ' 3 787
r 337
r 349
T 474
Electric household equipment- do
r \ ' 004
224
204
204
171
153
251
' 464
357
323
Financial
do
359
353
348
356
365
343
367
' 338
331
308
285
Foods, soft drinks, confectionery
do
3,917
3,792
3, 802
3,862
3,734
3,233
2, 604
3,319
2,971
3,683
3,424
3, 789
Gasoline and oil- - _ _ - - . ... . do
475
447
493
431
424
452
381
434
455
376
366
446
Soap, cleansers, etc
do
1, 592
1,482
1 624
1, 558
1 698
1 660
1 079
1 257
1 623
1 588
1 704
1 482
Smoking materials. -_
_ _ __ .
do
1,772
1,590
1,632
1,596
r 1 277
1,546
1 292
1 416
700
l' 042
776
1 322
All others
do. .
1,781
1,726
2,145
1,801
1,795
1,659
' 2, 296
1,559
2. 206
2.' 930
' 2! 744
2.301
r
Revised.
* Preliminary.
1 Data for February, 1953, 77,000.
t Revised series. Indexes of urban building and construction costs (Dept. of Commerce and ENR) reflect use of new base period; revisions prior to February 1951 for urban building and
prior to August 1951 for Engineering News-Record indexes will be published later. Revised indexes (Dept. of Commerce composite) for 1915-38 (annual) and 1939-51 (monthly) are shown
on p. 24 of the August 1952 SURVEY. The Tide advertising index (covering national advertising only) has been completely revised to incorporate new base period and other major changes
including addition of data for network television; figures back to 1940 will be available later.
§ See last paragraph of headnote, p. S-l. tf Data reported at the beginning of each month
are shown here for the previous month.
JRevisions for January-November 1951 will be shown later.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
Febru-
ary
March
April
May
June
1953
July
August
Septenv
October
1
°berm"
December
January
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Magazine advertising:?
Cost, total
thous. of dol_.
Apparel and accessories
do
Automotive incl accessories
do
Building materials
do
Drugs and toiletries
do
Foods soft drinks confectionery
do
Beer wine, liquors
do
31, 904
1,673
2,476
1,208
4,543
4 692
1,590
44, 629
3,108
2,878
1,919
6,107
7,147
2,290
60, 247
5,420
5,095
3,054
7, 065
7,854
2,851
59, 648
5,029
4,999
3,683
6, 469
7.150
2,477
60,016
4,735
5 237
3,296
6,166
6.742
2,619
51,515
3,119
4 925
2,842
7,051
7 660
2,331
35, 240
862
3 702
1 388
5,816
5 695
1,977
38, 442
3 588
3 671
1 549
5,456
5 472
1,672
56 978
6 469
4 366
3 127
6' 653
6 883
2 388
63
5
4
3
7
9
2
494
250
775
139
556
047
924
63 849
4 296
5 102
2 363
7 657
8 753
3 250
48, 083
3,802
2 507
942
5.502
6,957
4,261
762
1,176
2,372
736
1.088
9,588
2,167
1,521
2,887
971
1,209
12, 424
3,970
2,709
3,769
1,356
1,357
15. 748
4,401
3,644
3,872
1,466
1,259
15,199
5,004
3,867
4,016
1,376
1,395
15, 564
3,407
1 788
3,572
941
1,566
12,311
1,646
579
2 643
745
1,198
8 989
1,375
979
2,861
774
1,398
9 648
3 688
2 747
3 774
1 266
1 437
14 182
4 590
4 015
3 981
1 509
1,480
15 228
4 171
3 290
4 175
1 429
1 527
17 838
3,209
1,744
3,118
818
1,669
13, 555
-thous. of lines..
3,466
3,985
4,855
4,468
4,093
3,213
3,133
3,960
4,798
4,898
4,299
3,162
3. 667
do
do
do
. do
do ._
do
. do
178,077
46, 345
131, 731
8,208
3,663
21, 020
98, 840
184, 640
46, 621
138, 019
7,889
2,282
25, 749
102, 100
213, 228
52, 943
160, 285
8,553
2,756
30, 203
118, 773
218, 407
52, 790
165,617
9,565
3,133
31, 742
121,177
225, 606
56, 670
168, 936
10. 457
2,684
33, 444
122, 352
209, 251
52, 744
156, 506
10. 288
2,762
31, 251
112,204
175,447
47, 979
127, 468
7,351
3,046
25, 674
91, 398
186, 555
52, 741
133, 814
7,781
1,894
22, 061
102, 077
214 509
54' 194
160 385
7,367
2 596
29 711
120 709
245 004
56 503
188. 410
10, 383
2, 518
39 411
136, 098
234 873
52 399
182 474
10, 734
2 400
34 359
134 981
219, 798
45, 563
174, 235
8,847
2, 550
24, 506
138, 332
182, 718
50, 052
132, 666
9,121
3, 808
21, 433
98, 304
thousands
thous. of dol _ _
7,268
130, 038
6,948
124, 086
8,025
147, 902
7,255
132, 616
6,719
123, 981
6,511
122, 134
6, 242
119, 289
6,174
119, 935
6,711
127, 034
6,764
125, 622
6 275
114, 728
7,299
131, 677
6,672
121, 828
Household equipment and supplies
Household furnishings
Industrial materials
Soaps, cleansers, etc
Smoking materials
_
_
All other
Linage, total
Newspaper advertising:
Linage total (52 cities)
Classified
Display, total
Automotive
.
Financial
General
Retail
do
do
do
do
do
do
POSTAL BUSINESS
Money orders issued (50 cities) :
Domestic:
Number
Value
PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:?
Goods and services total
bil of dol
213.2
214.9
215 0
222. 0
Durable goods total
Automobiles and parts
Furniture and household equipment
Other durable goods
do
do
do
do
25.2
9.6
11.3
4.3
26.4
11.3
10.8
4.3
24
8
11
4
2
8
2
3
27.3
11.2
11.7
4.5
Nondurable goods total
Clothing and shoes
Food and alcoholic beverages
do
do
do
Semidurable house furnish ings
Tobacco
Other nondurable goods
do
do
do
118.0
20.6
71.8
5.9
2.0
5.2
12.5
117.8
20.0
72.3
6.0
2.0
5.1
12.4
118
20
73
6
2
5
12
9
3
2
1
1
1
1
121.4
21.9
73.5
6.3
2.0
5.2
12.5
70.0
10.7
22.9
4.2
4.1
5.9
22.3
70.8
10.9
23.2
4.2
4.1
5.8
22.5
71
10
23
4
4
5
22
9
9
5
3
3
9
9
73.3
11.2
24.0
4.3
4.2
6.0
23.6
Services
Household operation
Housing
do
do
do
Recreation
do
Othpr f vVo<?
do
RETAIL TRADE
All retail stores :f
Estimated sales (unadjusted), totaL-.mil. of doL_
Durable-goods stores
do
Automotive group
_
do
Motor-vehicle, other automotive dealers
mil. of doL.
Tire, battery, accessory dealers __ . do
Furniture and appliance group
do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers _ _ do
Hardware stores
do
Nondurable-goods stores
do
Apparel group
... _ _
do
Men's and boys' wear stores
do
Women's apparel, accessory stores. .. do
Family and other apparel stores
do
Shoe stores
_
do
Drug and proprietary stores
do
Eating and drinking places
do
_
...
__
__
r 16, 629
' 5, 214
' 2, 378
11,844
3,793
1,974
11, 744
3,867
2,020
12, 736
4,139
2,180
13, 396
4,573
2,372
14, 350
5, 224
2,826
13, 814
5,122
2,757
13, 396
4,627
2,374
13, 448
4,410
2,103
13, 620
4,670
2,353
14, 819
5,116
2,681
14, 024
4,514
2,319
1,840
134
635
362
273
87
633
467
166
1,899
121
618
352
266
80
673
503
170
2,048
132
629
373
256
82
742
552
190
2,219
154
647
392
255
90
869
640
229
2,647
179
738
456
282
117
941
697
244
2,582
175
740
442
298
108
939
706
233
2,200
174
713
419
294
95
923
709
214
1,929
174
754
468
286
104
905
689
216
2,179
174
756
445
311
100
924
700
224
2,509
172
834
495
339
123
961
728
233
2,166
153
823
481
342
126
812
593
219
2, 175
' 203
' 1, 039
'571
'469
-•338
'878
'588
'290
2,351
132
704
383
321
100
702
527
176
8,050
692
169
286
140
97
366
958
7, 877
610
140
262
117
91
383
946
8,596
779
165
336
152
126
379
1,002
8,823
910
186
380
180
164
370
992
9,126
871
192
352
172
154
386
1,059
8,692
832
198
308
178
148
380
1,064
8,769
700
161
274
142
124
388
1,130
9,038
770
163
316
156
136
392
1,149
8,950
910
196
365
184
165
374
1,114
9,703
1,023
240
411
221
151
401
1,122
9,509
1,018
274
384
216
144
385
1,044
' 11, 715
' 1, 552
'446
'560
'353
'194
'513
' 1. 109
8,730
765
204
291
161
108
396
1.000
r
13, 196
4, 465
2,482
3, 419
3,248
3,228
3,397
3,026
3,253
3,453
3,083
3, 242
3,440
3,427
' 3. 555
3,401
Food group
do
2,792
2,644
2,764
2,601
2,820
2,641
2,489
2,467
2,627
2,787
' 2, 843
2,763
2. 755
Grocery stores
. .
do ._
915
847
905
781
834
762
902
716
866
852
'872
726
817
Gasoline service stations
do . 1,531
1,444
1,269
1,450
1,324
1,467
1, 164
1, 523
1,773
1,769
1,190
' 2. 790
1. 253
General-merchandise group
do
871
815
667
808
783
652
616
730
979
857
978
' 1, 521
675
Department stores, excl. mail-order^ _do
104
99
94
98
86
93
94
117
137
139
90
'187
92
Mail-order (catalog sales)
do
r
236
240
224
212
214
244
225
174
191
257
258
521
185
Variety stores
do
325
304
328
309
314
395
286
324
398
274
263
'561
302
Other general-merchandise stores
do
254
260
241
266
235
250
225
240
289
210
283
'411
240
Liquor stores
do
' Revised.
^Unpublished revisions for magazine advertising for January, February, March, and October 1950 and January, February, September, October, November, and December 1951 are
available upon request. Revisions of personal consumption expenditures (1949-51) are shown on p. 20 of the November 1952 SURVEY.
fRevised series. Beginning with the September 1952 SURVEY, retail sales data have been replaced by a new series based on new sampling procedures developed by the Bureau of the Census.
The new estimates begin with January 1951; see pp. 16 ff. of the September 1952 SURVEY for figures covering the entire year 1951 for both the new and old series and for discussion of the new
data.
S-9
SURVEY OF CURRENT BUSINESS
March 10-"S
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1953
19 52
January
February
March
April
May
June
August
July
September
October
13. 558
4 508
2 297
2,129
168
14, 187
4 846
2 648
2,494
154
November
December
January
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All retail stores— Continued
Estimated sales (adjusted), totalj
mil. of dol._
Durable-goods stores
do
Automotive group
do
Motor- vehicle, other automotive dealers.do
Tire, battery, accessorv dealers
do
Furniture and appliance group
__.do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
13,154
4 366
' 14, 408
r 4 875
' 2 622
' 2, 458
7
164
f 774
'451
'324
746
741
714
436
310
430
310
423
291
412
274
13,838
4 931
2 672
2, 505
166
726
433
294
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers- -do
Hardware stores
do
119
813
591
222
117
889
662
226
117
860
633
226
117
853
632
222
122
837
620
217
118
873
647
226
120
869
660
209
122
859
642
217
121
831
614
217
129
833
618
215
121
'841
'622
219
r ^93
Nondurable-goods stores
do
Apparel group
do
Men's and boys' wear stores
do
Women's apparel, accessory stores do
Family and other apparel stores
do
Shoe stores _ _ _ _ _ _ _ _ _
._do
Drue; and proprietary stores
do
Eating and drinking places
do
8 788
8 707
8 851
8 907
9 113
9 1 154
9 341
910
203
876
208
889
204
394
389
353
179
135
335
181
136
357
207
143
387
386
349
182
138
359
187
139
390
1,058
1,038
389
394
1,037
1, 039
1,064
1,060
1,069
1, 067
9 O r >0
865
210
344
169
142
3x4
1,048
r 9 539
848
196
9 142
r 9 255
854
188
1, 062
1,051
Food group
do
Grocery stores ,
do
Gasoline service stations __ _ _ _ . do
General-merchandise group
do
Department stores, excl. mail-order _ _ do
Mail-order (catalog sales)
do
Variety stores.. _ _ _ _ _
_ . _do
Other general-merchandise stores
do
Liquor stores
do
3 202
2, 589
3 200
2 586
3 209
2 587
3 271
2 636
3 256
2 641
810
805
3 345
2 713
3 41S
2 770
3 362
o 735
797
3 402
2' 756
3 398
2 758
801
1 506
815
110
1 455
803
100
841
846
1 474
800
105
1 537
853
109
3 341
2 793
' 820
1 584
877
116
854
1 607
891
115
1 509
833
107
1 629
898
114
T 874
7- j^ £,7Q
Estimated inventories:^
Unadjusted, total
_
Durable-goods stores
Nondurable-goods stores
do
do
do _
Adjusted, total
do
Durable-goods stores
._
do
Automotive group
do
Furniture and appliance group
do
.Jewelry stores
do
Lumber, building, hardware group. _do
Other durable-goods stores . _. _ _ _ d o
Nondurable-good stores
Apparel group
. _
Drug and proprietary stores
Food group _ _ _ _ _ _
General-merchandise group _ _
Other nondurable-goods stores
do
do
_. .do
do
do _
do
Firms with 11 or more stores:f
Estimated sales (unadjusted), total
do
Apparel group
do
Men's and boys' wear stores _ _ __ do
Women's apparel, accessory stores
do
Shoe stores . _ ._
_ __ _ . _ _ _ d o
Drug and proprietary stores
do
Eating and drinking places
- ___ -do
Furniture, homefurnishings stores
do
General-merchandise group
_ _ _ _ _ _ do
Department stores
do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil. of dol
Variety stores _ _ _ _ _
do
Grocery stores
__ _
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores
do
Estimated sales (adjusted), total
do
Apparel group
_ _
do
Men's and boys' wear stores
do
Women's apparel, accessory stores . do
Shoe stores _ _ _ _ _ _ _
do
Drug and proprietary stores
do
Eating and drinking places
_
_
do
Furniture, homefurnishings stores
do
2,134
1,968
166
871
205
348
182
136
391
794
1, 503
828
108
237
13, 406
4 611
2,313
2,147
166
8 795
' 836
13, 020
4 314
2 099
1,938
161
198
823
193
340
165
133
328
171
130
13, 348
4 496
2' 304
2,148
156
685
13, 343
4 200
1 922
1,758
164
768
744
745
726
450
318
435
308
448
297
415
310
448
304
' 14, 027
r 4 772
2 553
2, 393
160
T
787
468
'321
832
1 526
826
117
752
995
224
359
193
149
' 9()1
227
r 24()
176
146
399
3Q8
810
459
351
132
873
639
234
'848
'631
' 217
V QQ6
r 357
14, 305
5 0*0
2 669
2,508
162
'387
'205
r 159
' 410
'1,091
r
879
110
3 372
r 2 730
' 893
' 1 683
' 913
' 123
9 265
924
232
349
199
144
418
1,078
3 359
9 714
891
1 560
855
113
243
238
244
252
254
339
252
314
247
251
246
325
263
323
269
261
259
338
270
238
r 261
331
242
236
331
973
340
opq
322
267
357
278
' 349
'385
r ^74
356
9ft n
19, 685
9,436
10, 249
20 335
9 625
10 710
21 228
10 030
11,198
21 103
10 128
10 975
20 542
9 689
10 853
1 ( > 825
9 229
10 590
19 209
8 621
10 588
19 279
8 314
10 965
20 434
8 739
11 695
1 9 400
9 3RA
12' 693
r 19 540
r 8 838
r 10 702
19 945
9 317
10 628
20, 681
9,775
3,129
1,846
507
2,471
1,822
20 625
9 789
3, 141
1,788
496
2,539
1,825
20 321
9 583
3, lOCi
1, 709
488
2,494
1, 78(5
20 477
9 624
3,200
1,713
488
2,429
1 794
20 069
9 112
2,888
1,6(57
479
2,380
1 698
20 125
9 030
2, 8(>4
1, 625
494
2, 364
1 683
20 197
8 749
2, 591
1,707
488
2, 332
1 631
19 745
g' ^26
2,564
1,701
480
2,273
1 608
20 281
8 956
2,875
1,693
486
2,233
1 669
3, 093
1, 643
r 9 384
'3,212
1, 643
2,229
i 7in
r
' 20 799
' 9 352
' 3, 272
'1,639
r 490
' 2, 208
T ^ 743
20 910
9 608
3, 31 5
1,641
504
2, 350
1 797
10, 906
2,517
10 836
2 537
10 738
2, 436
10 853
2 503
11 378
2' 714
11 119
2* 700
770
782
11 095
2 636
773
11 325
2 748
2,011
3,382
2,230
2 036
3, 256
2, 234
2, 096
3,248
2,188
2 057
3,296
2,215
10 957
2 583
'777
2 023
3,295
2,279
' 11 447
r 2 79o
' 717
' 2 183
U
766
2,094
128
14
49
38
58
49
20
2 090
2 307
119
13
2 440
157
17
198
19
47
37
58
46
63
48
59
48
22
524
226
77
135
905
49
35
2,411
171
17
68
52
61
50
26
r
752
7QQ
2 HO
3 271
2,318
2 080
3 358
2, 436
2 001
3 276
2,377
2 099
3 351
2,375
qoq
2 586
2 423
9 334
9 ^04
9 47fi
176
17
173
18
142
U
77
67
59
51
73
57
60
53
67
60
59
52
132
12
175
15
26
24
31
26
57
45
59
54
oq
63
48
60
54
68
60
58
54
533
224
604
269
705
318
741
365
711
343
76
146
897
89
160
970
107
187
930
109
180
51
36
53
40
63
47
1,023
71
55
105
170
908
2 417
2 352
2 442
2 469
2 553
164
18
64
52
156
16
61
51
170
17
68
53
164
17
67
52
62
49
26
174
18
70
57
60
48
28
62
51
26
61
53
30
62
52
28
741
343
73
59
9fl
oc
618
719
39«
735
34fi
91
163
954
112
183
999
100
180
930
72
56
76
57
78
49
f)QA
2,281
i 749
9 83f>
765
760
9CK
r 99 O^Q
790
General-merchandise group
do
715
723
680
720
Department stores
do
336
336
311
322
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil. of doL.
93
98
98
113
Varicty stores.
_
...
do
184
185
179
187
937
Grocery stores
do
927
919
919
Lumber, building-materials dealers
do
61
72
68
65
Tire, battery, accessory stores
do
51
50
46
49
r
Revised.
tRevised
series; see note marked "f" on p. S-8.
cf1 Data represent new estimates adjusted for comparability with the new series of retail sales, For
series (1949-51), see pp. 14 ff. of the November 1952 SUKVEY.
13, 648
4 494
2 258
2,102
156
14, 000
4 887
2' 571
2,407
163
801
2
ftOQ
r 3 ' 3(}<3
3
2,387
3 424
2,367
' 2, 389
91
91
r 3 4^,7
T 9Q3
35
74
76
119
309
9 734
737
2 163
3' °65
2,303
50
fro
4Q
r 8H
3ft
62
60
87
61
en
r ^
- 00
DOC
9O3
1 020
r 414
1 f^A
81
64
'53
r 1 (13
53
ceo
9 £.3.7
168
19
71
54
174
18
73
57
167
16
65
55
-i 70
1 73
60
54
25
62
53
26
61
54
24
61
62
59
r ^9
28
30
'22
28
766
351
726
325
758
332
700
327
350
317
'345
732
348
108
189
113
193
100
197
117
'143
94
959
117
202
118
936
99
192
984
QQK
66
52
68
56
66
47
69
62
*9
62
'64
4Q
£9
T
'64
£i
an
2 511
2
r 7Q
1 8S
62
64
i nno
K.3
66
the new estimates for December 1950 and the entire year 1951 and for revisions of the old
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the 1
1951 Statistical Supplement to the Survey January
March 1953
1952
February
March
April
May
June
1953
July
August
September
October
November
December
January
DOMESTIC TRADE— Continued
RETAIL TRADE—Continued
Department stores:
Accounts receivable, end of month:!
Charge accounts
1947-49=100
Instalment accounts
_
-_ do
Ratio of collections to accounts receivable:
Charge accounts
percent
Instalment accounts
do
Sales by type of payment:
Cash sales
*
percent of total sales .
Charge account sales
do
Instalment sales
- do
142
190
124
182
117
178
121
175
122
176
120
178
107
177
108
180
118
190
128
201
138
211
47
19
45
18
48
20
46
18
48
19
46
18
46
17
46
17
47
18
50
18
48
42
10
48
42
10
48
42
10
48
43
9
47
43
10
47
43
10
48
41
11
48
41
11
46
43
11
83
90
81
81
'86
95
86
' 79
81
'82
81
'84
83
93
75
80
83
93
85
83
82
82
'85
80
86
92
110
87
89
95
105
93
80
85
97
' 97
89
90
103
118
103
99
104
114
104
100
94
103
' 113
101
104
108
122
102
104
105
125
112
105
95
108
'119
106
114
105
117
103
103
105
116
106
96
95
102
' 117
103
108
84
96
73
82
82
104
93
84
69
76
'89
81
96
98
115
83
97
99
114
110
103
76
86
r
102
98
111
do _ _
do ._
do
do_ __
do
do ._
do __
do
do _
do
do_ .
do
do __
'109
119
102
105
' 116
122
115
97
'99
110
'116
111
'107
106
112
100
104
108
115
106
113
100
110
' 112
100
108
105
114
104
103
106
115
105
94
97
109
' 116
99
103
103
116
99
100
104
114
104
98
96
102
111
98
106
108
127
101
104
103
128
112
104
90
107
' 121
102
118
111
138
103
105
112
132
114
100
98
107
' 125
111
114
105
120
106
97
105
123
114
104
95
106
' 109
99
110
114
131
109
111
113
127
119
115
102
115
r
130
110
116
do
do .
106
118
113
116
120
115
122
116
120
118
112
118
110
120
114
118
thous. of dol
do ._
do
248, 926
246,182
279, 095
79, 273
199, 822
332, 482
93, 423
239, 059
368, 073
354, 385
92, 345
262, 040
304,313
67, 879
178, 303
1935-39—100
do
do
.
do
do
do _
do
do ..
- - -.-do
. .do
248.5
263. 3
276.3
299. 6
271.1
306. 1
273.7
283.9
253.5
319.7
257.9
280.2
344.5
301.8
269. 8
308. 3
280.0
345.4
286. 9
370. 7
345. 5
311.1
397. 5
313.2
396. 5
249.5
242.7
Sales, unadjusted, total U. S.f
1947-49=100. _
Atlanta
do
Boston
do
Chicago, _
.
_ _ _ _ . ___ . do_ .
Cleveland
do __
Dallas
___
do
Kansas City
do
Minneapolis
do
New York
do
Philadelphia
do
Richmond
do
St. Louis
_ do
San Francisco- _
do___
Sales, adjusted, total U. S.f
Atlanta
__ __ _ _
Boston
Chicago
_
Cleveland
Dallas
Kansas City..
Minneapolis
New York
_. ___ _. _ _ ___
Philadelphia
Richmond..
. . _
_ __
St Louis
San Francisco
_ .
_ _
Stocks, total IT. S., end of month:f
Unadjusted
Adjusted
Mail-order and store sales:
Total sales, 2 companies
Montgomery Ward & Co..
Sears, Roebuck & Co
Eural sales of general merchandise:
Total U S unadjusted
East
South
Middle West
Far West
Total U S., adjusted
East
South
Middle West
Far West
r
73
63,912
185,014
228. 4
273.8
296. 1
236. 3
276. 8
240.0
284.7
328.3
301.4
304. 6
285.4
313.1
288.1
340.1
348.3
315.1
376.1
292.4
340.3
300.0
381.1
354. 6
8,786
8,154
8,108
2, 579
5, 529
10, 298
5, 255
301.3
342.2
314.6
r
276.7
101,381
266, 692
327.7
316. 5
282.3
364.1
287.1
368. 4
304.5
365.7
8,187
2,771
5,416
8,116
82, 995
221,318
215.6
270.5
234.6
313.6
336. 3
304.5
387.0
314.1
384.3
147
183
231
226
48
17
48
17
47
16
46
43
11
47
42
11
49
42
9
48
42
10
112
126
111
110
110
128
115
108
100
110
' 124
110
115
119
132
111
116
119
134
120
124
110
120
'131
121
117
133
145
127
129
139
145
132
120
123
143
142
126
136
' 195
221
193
186
194
215
' 196
'175
175
'195
'214
179
'207
p85
?96
p84
P82
87
101
P85
75
78
82
P82
p79
p91
106
121
101
103
105
119
108
98
95
105
' 114
104
114
115
126
109
113
116
128
113
110
105
114
124
114
118
113
128
105
108
113
129
117
107
98
109
115
106
128
115
130
108
116
117
130
119
'110
101
111
'121
113
' 119
P 111
P126
v 104
P107
116
129
P114
100
97
111
P117
P 108
P 116
124
120
134
120
136
120
108
119
P 111
P 123
351, 558
101, 150
250, 409
373, 724
102, 462
271, 262
418, 732
118,142
391, 569
108, 525
283, 045
546, 465
155, 594
390, 870
268, 261
62, 778
205, 483
315.6
280.7
330.8
295. 3
396. 2
342.3
320.1
368.4
318.9
404.3
344.5
299.7
390.4
554.4
253.7
502. 9
585. 8
527. 9
662. 3
371.8
238. 6
281.0
237. 2
343. 1
348.2
294.4
363. 3
312.2
365. 5
432.6
441.5
478.2
393.7
500.3
333. 8
310.5
347.0
299.6
399.0
8,699
2, 646
6,053
9,735
4,814
4,921
9,523
10, 389
5, 101
4,790
5,387
316.8
415.6
311.5
289.0
r
300, 590
378.3
356.9
445. 0
366. 8
410.8
316.3
310. 3
r
r
286.3
335.1
314.8
351. 2
316. 3
330.8
411.7
351.5
418.4
389.0
WHOLESALE TRADE}
Sales estimated (unadj.), total _
_ _ _ m i l . of dol.
Durable-goods establishments
__do
Nondurable-goods
establishments
do
Inventories estimated (unadj ), total
do
Durable-goods establishments
do
Nondurable-goods establishments
do_
2,412
6,374
10, 341
5,144
5, 197
2,493
5,661
10, 1 90
5,114
5, 076
5,043
10,110
5, 287
4,823
2,706
5,410
9, 855
5, 161
4, 694
8,240
2,728
5, 512
9, 761
5, 005
4,756
8,596
2,718
5,878
9, 665
4,809
4,856
2, 983
6,540 I
9, 925
4,824
3,254
7, 135
10, 177
i
9,481
2,797
6,684
10, 2(12
4,860
5,342
8,594
9, 795
2,853
6,942
2, 463
6, 131
10, 023
10,154
4,878
5, 099
5,145
5,055
158, 233
158, 448
110,315
i 110, 648
52, 502
58. 146
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total incl. armed forces overseas
thousands. ,
155, 750
155, 964
156, 163
156,371
156, 568
156, 770
156, 981
157, 234
157, 505
157, 768
158,012
109, 260
51,852
109, 274
109, 426
51, 762
57, 566
57, 622
109, 556
51, 872
57, 684
109, 692
51, 948
57, 744
109, 804
52, 000
57, 804
109, 906
52, 040
57, 866
110,074
52,144
57, 464
109, 274
51, 758
57, 516
109,328
57, 408
110, 198
52, 208
57, 990
61, 780
42, 864
61, 838
42, 858
18, 980
61, 518
42, S10
18, 708
61, 744
42, 946
18, 798
62, 778
43, 262
19, 516
64, 390
44, 464
19, 926
64, 176
44, 720
19, 456
63, 958
44, 396
19, 562
63, 698
43, 468
20, 230
43,196
19,950
63, 646
43, 218
20, 428
62, 921
T
43, 240
' 19, 681
62,416
62, 572
62, 260
42, 604
61, 862
42, 482
19, 380
62, 228
42, 404
19, 824
61, 509
r
42. 275
' 19, 234
60, 524
41. 974
18, 550
7,548
7,274
54, 712
1,438
54, 588
1,284
6, 774
55, 454
1,418
55,812
EMPLOYMENT
Employment status of civilian noninstitutional
population: cf
Estimated number 14 years of age and over,
total
- .
_ - . _ thousands. _
Male
do
Female
- _.do
Civilian labor force, total
Male
Female
_ _
_ _ „ _ __do
do .
do
Employed
AT ale
Female
do
do
do_ _
Agricultural employment
Nonagrieultural employment
Unernploved
do
do
do
18,916
51,810
51,804
59, 726
59, 752
59, 714
41,480
41,482
41,586
18, 270
18, 128
60, 132
41, 898
18, 234
61, 176
42, 290
18, 886
43,326
18, 246
19, 246
62, 234
43, 476
18, 758
62, 354
43, 392
18, 962
6,186
53, 540
6,064
53, 688
2,054
2,086
6,012
53, 702
1, 804
6,412
53, 720
1,612
6, 960
54, 216
1,602
8,170
54, 402
1,818
7, 598
54, 636
1,942
6, 964
55, 390
1,604
19,656
57, 930
63, 1 46
r
r
52, 265
58, 050
5, 697
1,412
43, 334
19, 082
1
' 5, 452
55 079
1
1, 892
47, 584
45, 166
47, 756
46, 648
45, 516
45, 846
47, 480
47, 436
46, 552
46, 928
46, 208
47, 394
i 48, 232
Not in labor force
do _ _ .
Revised.
*> Preliminary.
1 See note at bottom of p. S-ll.
t Revised series Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back to 1919 for sales by districts will be shown later. Published revisions appear as follows: Accounts receivable (1941-51), p. 32 of the July 1952 SURVEY; total U. S. sales (1919-50), p. 32 of the February 1952 SURVEY; total U. S. stocks, p. 32 of the July
1952 SURVEY,
t Data on total wholesale trade have been substituted for the series on service and limited-function wholesalers. For annual sales, 1939-48, and end-of-year inventories, 1938-48, see p. 24 of
the October 1951 SURVEY; revisions beginning 1949 appear on pp. 1611. of the October 1952 SURVEY.
cf See note at bottom of p. S-ll.
r
SURVEY OF CURRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-ll
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT—Continued
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
thousands..
Manufacturing
do
Durable- goods industries
._ ..do
Nondurable-goods industries
do
Mining, total
_ _. _-do_ _.
Metal
do
Anthracite
do __
Bituminous coal
do
Crude-petroleum and natural-gas production
thousands _ _
Nonmetallic mining and quarrying
do
Contract construction. __
.do __
Transportation and public utilities
do
Interstate railroads
_ _. _ _ _.
do ___
Local railways and bus lines
do
Telephone
_.do___
Telegraph
do
Gas and electric utilities .. _ _ _ _ _ _ _ do ._
Trade
_-do
Wholesale trade
_ __do _ _
Retail trade
do
General-merchandise stores
do
Food and liquor stores _
do
Automotive and accessories dealers do
Finance
- _
_
do. __
Service
do
Hotels and lodging places _
do
Laundries
. _ __
do
Cleaning and dyeing plants
do
Government
do
Total, adjusted (Federal Reserve)
Manufacturing
Mining
Contract construction
Transportation and public utilities
Trade
_
Finance
Service
Government
do
do
do
do
do
do
do
do
do
Production workers in manufacturing industries:
Total (U. S. Dept. of Labor)
thousands
Durable-goods industries
_ _ _._ _do ___
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousands
Sawmills and planing mills
__do
Furniture and fixtures
do
Stone, clay, and glass products
do
Glass and glass products _ _
_ do
Primary metal industries _ _
_ _ do_ __
Blast furnaces, steel works, and rolling
millsj
_
_ _ _ _ _ thousands. _
Primary smelting and refining of nonferrous metals _
_ thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands. _
Heating apparatus (except electrical) and
plumbers' supplies
thousands _
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
do
Automobiles
_
do ._
Aircraft and parts
do
Ship and boat building and repairs. -.do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
do
45, 913
15, 776
8,946
6,830
909
107
67
367
45, 899
15, 859
9,010
6,849
46,001
15, 869
9,035
6,834
46, 299
15, 795
9,054
6,741
902
107
62
366
46, 329
15, 654
8,991
6,663
904
107
67
363
896
107
60
357
46, 292
15 410
8,621
6 789
893
107
66
348
267
101
2,316
4,103
1,394
141
653
47
526
267
101
266
101
267
105
2,308
4,111
1,392
2,296
4,118
1,395
141
660
47
526
139
664
47
526
9,720
2,622
7,098
1,472
1,282
9, 643
2,624
7,019
1,416
1,286
9,668
2,623
7,045
1,437
1,287
46, 006
15, 162
8,301
6,861
47, 124
16, 028
8,916
7,112
814
77
65
294
784
74
61
269
47, 789
16, 430
9,218
7,212
897
107
63
346
886
103
63
345
266
106
275
106
273
109
2,416
4,096
1,404
272
106
2,522
4,131
1,416
2,781
4,208
1,394
2,763
4,228
1,411
139
648
2,663
4, 168
1, 396
2,722
4,140
1,352
266
108
137
669
137
674
45
538
138
682
46
545
138
688
46
546
137
682
46
540
528
529
9,845
2,605
7,240
1,527
1,295
9,773
2,601
7,172
1, 466
1,293
9,838
2,618
7,220
1,460
1,292
9,792
2,626
7,166
1,419
1,293
9,784
2,637
7,147
1,410
1,287
749
743
738
737
742
754
757
752
1,909
4,671
1,919
4,667
1,937
4,681
1, 952
4,748
1,993
4,844
428
354
153
430
353
154
438
358
161
1,977
4,837
1,993
4, 855
424
356
154
1, 958
4,796
450
363
164
475
369
165
509
371
161
505
369
156
6,509
6,490
6,528
6,551
46, 471
15, 830
46, 594
15, 877
46, 552
15, 894
46, 556
15, 931
916
912
911
2,545
4,139
9,852
1,919
4,742
6,528
2,593
4,147
9, 860
1,929
4,738
6,538
12, 766
7,264
54
9,970
2,644
7,326
1,516
1,298
748
1,971
4 829
468
364
160
6,602
6,585
6,558
6,589
6,712
46, 599
15, 870
46, 170
15, 362
899
46, 348
15, 547
894
47, 301
16, 196
810
111
46, 970
15, 924
2,523
4,154
9,862
1,937
4,728
6,543
2,517
4,116
9,849
1,942
4,748
6,554
2,497
4,134
9,912
1,948
4,772
6,572
2,536
4, 139
9,964
1,957
4,789
6,606
2,544
4,099
9, 965
1,964
4,783
6,676
2,575
4,160
9,967
1,973
4,796
6,686
12, 820
7,306
12, 815
7,316
12, 733
7,329
12, 588
7,262
56
58
59
12, 329
6,888
12, 061
6,559
55
654
391
296
452
119
668
396
296
447
120
670
398
296
449
121
678
405
292
452
123
635
387
287
449
123
1,162
1,160
1,154
1,143
570
570
567
558
47
48
47
804
807
115
1,276
116
1,281
r
r 47, 908
' 48, 026
' 48, 890
' 16, 542 r 16 625
' 16 713
' 9, 372
9, 507
'9 622
r
r 7 091
'7 170
7 118
874
'873
'873
r 106
102
' 105
63
63
r 337
r 336
263
262
264
r
r
108
' 2, 610
4 234
' 1, 412
136
682
47
535
r 10, 114
r
2 662
r
7, 452
'1 601
1,316
754
r
1, 971
r 4 774
'434
364
163
6 695
r
r
136
685
46
r 47 gso
r
16 492
2,582
4,206
9,981
1,981
4,781
6,693
12, 886
7,146
13 285
7,444
' 13, 377
7,583
'13, 452
r
7, 713
59
63
63
63
881
2
4
r 10
ri
r4
6
873
559
238
024
995
757
712
' 10 869
r 2 694
'8 175
2 115
r i 337
r 778
r 1 982
' 4 705
P 10 030
i> 2 647
P 7 383
v 1 518
P 1 314
P 765
P i 983
P 4 671
136
687
46
533
421
363
159
r 7 051
r 47 810
r 16 607
' 874
r 2 508
4 239
r 10 086
r 2 002
r 4 753
'6 741
709
427
285
441
123
676
727
442
295
458
127
719
438
304
462
132
••701
'430
'310
'467
••697
'423
133
135
1,141
697
424
288
453
125
716
1,110
1, 153
1,162
1,172
557
155
134
540
565
566
568
'571
48
48
47
47
48
47
46
46
46
807
806
798
769
726
783
821
••847
'863
'882
116
1,280
115
1,282
113
1,269
115
1 261
112
1,203
121
1,181
128
1 193
r
r
725
727
722
714
708
1,251
633
415
115
62
1,266
1,288
706
685
1,235
643
428
126
61
1 323
232
374
233
381
663
430
128
57
1,307
1,169
634
424
122
61
234
382
667
437
133
60
236
380
672
447
135
59
233
376
233
382
521
454
135
50
230
375
708
743
1,192
1 330
525
466
134
57
238
395
680
448
135
56
242
414
134
57
246
' 429
'675
315
410
316
••469
'466
r
740
478
'134
55
'251
r 436
P 6 650
47 801
P 16 665
P 882
P 2 479
p 4 203
P 10 168
P i 993
P 4 742
P 6 669
p
' 13 527 P 13 418
' 7, 816
j > 7 805
'64
v 64
60
131
r
1 246
r
783
'1 418
345
P gg
v 2 256
t> 4 167
60
131
r
l 212
T
766
'1 380
r
706
r 472
v
T 104
' 2 458
4 239
1 406
531
10, 312
' 2 692
' 7, 620
1 720
T
1, 321
r
766
r
1, 975
r 4 733
••421
r
363
r
161
6 663
r 47 422
r
16 324
r 871
' 2 569
r 4 249
r
9 988
r 1 991
r 4 750
6 680
889
63
r 337
r
109
' 2, 697
••4 242
r
1, 423
v 47, 244
P 16 612
*9 621
P 6 991
J>875
P 105
r
*646
'317
TO 453
135
1, 183
v 1, 185
*889
132
p
l 286 P i 294
'800
*>806
' 1 465 v 1 476
767
493
136
58
'254
' 425
*254
p 421
r 5 794
r 5 739
5,502
5,514
5,404
5,499
Nondurable-goods industries
do
5,326
5 502
5 441
5 740
5 841
' 5 711 P 5 613
r 1 156
1,068
1,060
1, 057
1,074
r 1 233
Food and kindred products.. ___ _ do. _
1,057
1,215
1,138
1,279
1 314
' 1 109 P i 059
246
244
233
239
Meat products
_ do. __
234
230
232
232
235
236
247
245
94
95
Dairy products
__
do
96
100
107
114
111
113
104
99
96
94
r
106
124
105
104
r 146
114
Canning and preserving
do
122
211
155
280
313
222
r
r 195
187
186
Bakery products _ . _ _ . . . _ _ _ d o _ _
187
189
183
195
190
194
195
196
190
r 147
r 147
136
134
Beverages
_ _
_ _
do
138
136
163
146
153
160
151
142
82
r 87
80
78
77
Tobacco manufactures
do
P 82
88
78
77
87
78
91
91
1,131
1,123
r 1 162
1,093
Textile-mill products
do
1,113
1 081
1,083
1 082
1 120
1 141
1 150
' 1 164 P i 154
540
Broad-woven fabric mills
_ ___ do
527
518
507
503
r 528
509
506
519
524
522
530
209
Knitting mills
do
210
210
210
209
212
209
221
225
229
230
228
Apparel and other finished textile prod1,029
1,052
1, 051
ucts
_ _ _ _ _ _ ... _ thousands
996
959
982
r 1 066
972
1 050
1 068
1 066
' 1 074 P i 048
127
121
Men's and boys' suits and coats
do
128
127
113
117
119
128
129
'127
128
125
Men's and boys' furnishings and work
r
228
233
clothing
thousands..
238
239
238
239
240
253
249
255
255
256
300
309
Women's outerwear
__
do
275
306
252
269
292
252
292
284
287
301
r 418
405
404
Paper and allied products. _ _
_
do
401
398
r 425
r 422
398
395
403
p 421
408
411
211
210
Pulp, paper, and paperboard mills-. .do
208
206
206
203
209
209
208
209
210
213
Printing, publishing, and allied industries
510
thousands _ _
507
508
507
507
511
507
509
522
515
524
'526
*523
151
152
Newspapers
do__ .
152
152
154
154
154
154
155
155
156
157
170
Commercial printing.
do
166
167
166
167
165
165
167
167
••170
170
172
'Revised.
»> Preliminary.
{Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL SUPPLEMENT, will be shown later.
NOTE FOR EMPLOYMENT SERIES, P. S-10. Beginning January 1953, estimates are based on the 1950 census; unrevised estimates for January consistent with the 1940 census and
comparable with data through December 1952 are as follows (thous.): Civilian noninstitutional population—total, 110,450; male 52,345; labor force—total, 62,294; male, 43,213; employed—total,
60,406; male, 41,892; agricultural, 5,443; nonagricultural, 54,963; unemployed, 1,888; not in labor force, 48,156 (data for employment and unemployment estimated by OBE). The overall increase
in the level of the labor force (roughly 400,000 for the total; 150,000 for nonagricultural; 250,000 for agricultural) is not fully reflected in the January figures, but will be spread over the 3-month
period, January-March 1953. Appropriate allowances should be made in comparing the estimates beginning 1953 with those for earlier periods.
SURVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
February
March
April
May
June
1953
July
August
September
October
November
'534
172
203
159
'227
95
357
'225
'534
173
201
159
'230
96
'361
231
P534
December
January
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT—Continued
Production workers in mfg. industries— Continued
Total (U. S. Dept. of Labor)— Continued
Nondurable-goods industries— Continued
Chemicals and allied products
thousands..
Industrial organic chemicals
do
Products of petroleum and coal
__do
Petroleum refining
do
Rubber products _ _
__do
Tires and inner tubes
do
Leather and leather products
_do ...
Footwear (except rubber)
do
Manufacturing production-worker employment
index, unadjusted (U. S. Dept. of Labor)f
1947-49=100..
Manufacturing production-worker employment
index, adjusted (Federal Reserve)t-1947-49=100_.
Miscellaneous employment data:
Federal and State highways, total§
number__
Construction (Federal and State)
do
Maintenance (State)
do
Federal civilian employees:
United States
thousands..
Washington, D. C., metropolitan area --do
Railway employees (class I steam railways) :
Total
thousands __
Indexes:
Unadjusted
- 1935-39=100. _
Adjusted
do
536
170
193
153
218
94
330
213
538
168
193
153
215
94
342
221
538
168
194
152
215
94
344
222
530
163
197
155
213
95
336
217
517
161
168
126
213
95
330
213
512
163
190
155
215
95
340
221
511
166
191
158
202
93
340
219
513
168
205
161
212
92
357
232
526
168
203
159
217
94
355
228
'534
170
203
159
222
94
355
224
* 197
P232
?363
103.2
103.6
103.6
102.9
101.8
99.7
97.5
104.2
107.4
' 108. 1
' 108. 8
' 109. 4
' 108. 5
103.6
103. 8
103.7
104.0
103.4
100.8
99.2
103.4
105.6
106.5
' 107. 7
' 108. 5
* 108. 9
230, 985
59, 281
118, 621
227, 488
59, 491
115,126
239, 087
68, 500
116, 987
270, 654
99, 013
118, 411
296, 941
120, 225
122, 354
328, 561
141, 561
128, 338
341, 207
149, 194
131,788
344, 947
151,418
132, 378
334, 323
149, 271
126, 444
2,359
249
2,370
248
2,381
249
2,389
248
2,392
248
2,419
251
' 2, 422
251
' 2, 409
248
' 2,
390
r
246
' 2, 386
245
' 2, 383
245
1,257
1,252
1,255
1,265
1,277
1,257
1,214
1,256
1,272
1,285
1,274
' 1, 260
119.9
124.6
119.4
122.3
119.7
122.7
120.5
122.5
121.8
122.3
120.1
118.4
116.0
113.5
119.7
117.2
121.3
118.4
122.5
118.5
121.4
120.3
v 119. 9
v 121.8
p 117. 2
p 121. 9
130.4
131.0
131.9
128.1
128.1
126.4
121.1
133.3
142.1
144.2
' 145. 4
' 149. 6
P 145. 8
40.8
41.8
44.4
40.7
41.7
44.7
40.7
41.7
44.3
39.8
40.8
43.4
40.2
41.1
43.7
40.5
41.2
43.5
39.9
40.2
42.3
40.6
41.0
41.0
41.3
41.9
42.7
41.4
42.2
'42.3
41.2
42.0
'41.4
41.8
42.7
'42.1
P41.1
P42.0
P40.9
40.1
39.5
41.5
40.6
38.8
41.5
40.6
40.1
41.5
41.0
39.6
41.2
40.4
39.9
41.3
41.1
39.9
41.4
40.7
40.3
40.6
40.5
38.9
39.0
41.1
40.9
40.9
41.0
39.8
39.2
42.2
42.1
41.0
40.9
39.7
40.1
40.9
40.5
40.3
40.2
38.5
39.5
41.9
41.6
41.2
41.1
40.0
40.4
41.6
41.4
42.0
41.3
39.7
41.1
'42.0
41.7
42.5
'42.0
40.9
'41.3
'41.3
41.1
42.0
41.4
40.6
41.5
'41.6
41.2
'42.8
'41.9
41.5
'41.8
v 40. 5 1
40.8
40.6
41.4
37.4
37.4
36.8
37.7
40.3
40.9
'40.6
41.0
41.0
41.5
41.6
41.8
41.5
41.9
41.8
41.9
41.6
41.7
41.5
41.6
41.9
41.8
41.8
41.7
40.7
41.3
40.9
39.8
40.8
42.0
'42.5
'42.3
43.3
40.5
43.9
41.9
41.5
40.5
43.2
40.7
41.0
42.1
41.0
40.4
43.6
41.6
41.4
40.4
43.2
40.0
41.4
41.7
40.8
40.5
43.5
41.5
41.3
40.4
42.9
40.9
41.3
41.7
40.9
39.0
42.8
40.7
40.7
39.9
42.0
40.5
40.3
41.4
40.1
40.2
42.9
40.6
41.1
40.1
42.8
41.1
40.4
41.8
40.5
40.2
42.7
40.9
40.7
39.4
42.7
40.9
40.6
41.6
40.3
39.6
41.6
39.9
39.3
35.9
42.7
40.5
40.1
40.7
39.8
40.6
42.1
40.9
40.3
38.4
42.3
40.4
39.8
41.5
40.7
41.6
42.9
41.9
42.2
41.8
43.6
40.5
39.3
42.3
41.6
'42.3
42.9
42.0
'42.6
'43.1
'43.0
'39.4
'39.8
'42.4
'42.1
'41.4
42.8
41.8
'42.1
'42.4
43.0
37.6
'39.6
42.5
42.2
42.0
'43.7
'42.5
'43.1
43.5
43.6
40.1
41.4
'42.8
42.5
39.5
41.6
42.5
44.0
38.0
41.2
40.5
38.4
38.9
39.0
37.0
39.5
41.4
41.4
43.9
38.4
41.5
40.7
36.9
38.8
38.4
37.8
39 3
41 .'o
40.6
43.8
38.1
41.0
40.4
36.6
38.1
37.2
37.8
38.4
40.7
40.3
43.8
37.5
41.1
40.6
34.6
37.2
37.1
36.2
39.0
41.4
40.7
44.3
37.9
41.8
41.8
37.9
37.7
37.1
36.9
39.5
42.1
41.1
45.6
38.7
42.3
42.3
38.6
38.4
37.7
37. 6
39.5
42.1
40.9
45.1
41.0
41.9
43.0
37.9
38.5
38.1
38.0
40.0
41.4
40.2
44.1
40.2
41.8
41.4
39.1
39.7
39.3
39.0
40.4
42.3
41.4
44.6
43.0
41.9
40.9
39.6
40.2
40.0
39.2
'40.4
41.9
42.0
43.7
'41.2
'41.6
'40.6
'39.9
'40.6
40.6
39.8
'40.3
41.9
43.6
43.8
36.8
41.6
41.3
'38.8
40.4
40.5
39.8
'40.5
'42.1
44.7
43.8
38.1
41.1
40.8
'39.2
'40.8
40.9
39.1
P39.8
p41. 4
36.2
34.2
36.0
33.7
37.3
36.2
37.4
36.7
'37.5
36.1
37.4
35.9
37.4
36.9
P36.8
37.3
34.8
42.4
43.1
36.8
35.0
42.4
43.4
38.0
36.2
43.0
43.6
38.2
35.7
43.5
44.0
'39.0
35.0
'43.8
'44.2
38.8
35.4
43.9
44.5
38.5
36.0
44.1
44.7
P43. 1
38.8
36.4
40.2
41.1
40.3
40.8
40.4
40.9
41.1
38.2
37.8
38.5
36.1
40.3
40.7
40.5
41.3
40.8
39.6
39.8
38.5
38.3
38.9
36.1
40.3
40.9
40.7
40.8
40.2
40.6
40.5
39.5
39.7
39.2
36.5
40.5
41.5
40.8
41.2
40.5
41.1
40.7
38.6
38.1
39.0
36.4
40.4
41.7
'41.1
'40.9
'40.2
'41.5
'40.7
38. 2
37.2
38.9
36.3
40.0
'41.9
41.4
40.9
40.6
'41.3
'40.3
37.7
36.4
'39.5
37.2
40.9
'41.6
41.1
40.7
40.5
42.0
40.9
'39.5
39.1
315, 261 ' 284, 896 * 224, 077
138, 599 ' 109, 889 * 70, 968
121, 337
119, 630 * 117, 558
2,378
244
2,370
243
1,230
PAYROLLS
Manufacturing rjroduction-worker payroll index,
unadjusted (U. S. Dept. of Labor) t- 1947-49 =100..
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries.
.hours.
Durable-goods industries
do
Ordnance and accessories _. _ _.
do.. Lumber and wood products (except furniture)
. _- - . . hours __
Sawmills and planing mills
do
Furniture and
fixtures
do_.
Stone clay, and glass products
do.
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolHng
mills J
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment) hours Heating apparatus (except electrical) and
plumbers' supplies .
hours. _
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
do
Automobiles.
do
Aircraft and parts
do__ _
Ship and boat building and repairs do
Railroad equipment
do _ _
Instruments and related products
-do
Miscellaneous mfg industries
do
Nondurable-goods industries
Food and kindred products
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Tobacco manufactures
Textile-mill products
Broad-woven fabric mills
Knitting mills
do
do
do
do
do
do
do
do
do
do
do
Apparel and other finished textile products
36.4
35.0
36.8
36.0
36.7
hours..
32.9
33.4
33.2
35.3
34.7
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
37.2
35.8
35.7
36.7
36.5
clothing
hours..
36.2
34.2
35.9
36.4
36.0
Women's outerwear
do
41.4
41.8
42.6
42.5
42.4
Paper and allied products
do
42.2
43.6
42.6
43.8
43.6
Pulp, paper, and paperboard mills. ..do
Printing, publishing, and allied industries
38.6
38.2
38.6
38.7
38.4
hours..
36.1
36.1
36.5
35.8
36.1
Newspapers
do
39.5
40.3
40.0
40.3
39.7
Commercial printing
do
41.6
40.9
41.0
41.3
41.4
Chemicals and allied products
do _ _
40.2
40.4
40.3
40.3
40.3
Industrial organic chemicals
do
40.9
37.2
40.5
40.7
40.8
Products of petroleum and coal
do . _
40.5
35.7
40.3
41.0
40.7
Petroleum refining
do
39.6
40.5
40.3
40.9
40.5
Rubber products
do
40.4
39.3
39.8
40.9
40.6
Tires and inner tubes
do
37.1
38.4
37.3
38.7
38.7
Leather and leather products
do
38.2
36.8
36.7
38.7
38.6
Footwear (except rubber) _
do _
' Revised.
* Preliminary.
fRevised series. Indexes have been shifted to new base period; monthly data for 1919-50 are shown on pp.
§ Total includes State engineering, supervisory, and administrative employees not shown separately.
19 an 1 20 of theOctober 1952 SURVEY
P41. 6
"40. 6
P40.9
p42. 6
p43. 2
p42. 1
P42.8
P41.8
p41. 7
P37.6
p39. 7
P38.5
P41. 0
p40. 5
P41. 2
P39.9
t See ]note marke,d "J" on p . S-ll.
SURVEY OF CURRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-13
1953
1952
January
February
March
April
June
May
July
August
September
October
November
December
January
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS—Continued
Average weekly hours per worker, etc. — Continued
Nonmanufacturing industries:
Mining:
Metal
hours .
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
hours. .
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines . ._ do _ _ _
Telephone
do
Telegraphf
- - - - do_.
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
_hours
General -merchandise stores __
do ___
Food and liquor stores
_
-do
Automotive and accessories dealers-. _do
Service:
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
Worker5* involved
thousands
Man-days idle during month..
do
Percent of available working time
U. S. Employment Service placement activities:
Nonagricultural placements
thousands..
Unemployment compensation (State laws):
Initial claims
do
Continued claims _
_ do
Benefit payments:
Beneficiaries, weekly average
do
Amount of payments
thous. of dol
Veterans' unemployment allowances:
Initial claims
- thousandsContinued claims
do
Amount of payments
thous. of dol
Labor turn-over in manufacturing establishments:
Accession rate___monthly rate per 100 employees. .
Separation rate, total
do
Discharge
.
._
do
Lay-off
do
Quit
do.
Military and miscellaneous. ..
..-do
44.3
32.6
38.5
44.1
30.9
35.9
44.5
30.1
35.4
43.1
28.1
29.9
44.4
33.3
31.8
42.6
30.1
28.5
43.1
26.7
28.1
43.9
29.2
36.2
44.9
34.1
38.9
'44.3
'32.1
'32.3
'42.8
'36.1
35.4
43.7
34.8
36.4
41.7
43.7
37.9
39.6
37.5
40.8
44.3
38.3
40.2
37.9
41.6
43.8
37.1
38.5
36.9
41.1
44.8
38.0
39.8
37.6
40.6
45.7
38.6
41.2
37.9
41.3
45.8
39.4
42.2
38.7
41.0
44.9
39.1
41.8
38.4
40.5
45.8
39.3
42.4
38.5
41.3
46.4
39.8
43.6
38.8
'40.6
'46.4
'39.6
'43.1
'38.7
41.5
'44.6
'37.4
39.1
'36.9
40.8
44.3
38.5
40.2
38 1
46.4
38.7
43.9
41.9
46.5
38.5
43.9
41.4
46.6
38.5
44.0
41.4
46.1
34.9
46.9
38.7
41.4
41.2
47.1
39.0
44. 5
41.2
46.9
39.3
44.8
41.5
47.0
39.0
44.5
41.4
46.0
39.0
42.6
41.6
'45.9
38.9
42.3
41.6
'45.7
39.0
41.9
'42.0
46.2
38.8
42.1
41.6
40.7
40.4
40.4
40.1
40.4
40.5
40.6
40.6
40.7
40.7
40.6
40.7
39.8
35.8
39.4
44.9
39.8
35.9
39.4
45.0
39.8
35.8
39.5
45.1
39.7
36.0
39.6
45.4
39.6
35.7
39.2
45.3
40.1
36.3
4C.2
45.3
40.4
36.6
40.6
45.4
40.4
36.5
40.7
45.2
39.5
35.2
39.8
45.2
39.2
'34.8
39.2
'45.4
39.0
'34.5
'39.3
45.2
39.7
36.6
39.3
45.4
42.8
41.5
40.7
42.8
40.9
39.8
42.5
40.9
40.1
42.8
41.1
41.3
42.6
41.4
42.0
42.6
41.8
42.6
42.4
41.2
40.3
42.6
40.6
40.3
42.4
41.0
41.5
'42.4
40.9
'41.9
'42.3
40.5'40.8
43.0
40.9
41.7
400
190
350
185
400
240
475
1,000
475
300
425
170
425
125
450
225
475
230
425
470
250
90
200
80
350
200
600
250
1,250
.14
550
250
1,270
.15
600
320
1,400
.17
650
1.200
5,300
.61
675
1 200 •
7,500
.90
650
1,000
14, 000
1.68
650
850
12,500
1.44
675
310
2,100
.25
700
360
3,200
.37
650
600
3,500
.37
475
220
1,500
.19
350
120
1,000
.11
500
250
1,250
.15
473
427
465
566
572
581
556
588
658
641
507
467
474
1,382
6,157
890
5,169
867
4,834
1,109
4,825
915
4.445
978
4, 255
1,585
4,961
733
4,301
568
2,985
679
2,746
690
2,576
1,126
3,844
1,074
4,601
1,185
116, 469
1,146
105, 023
1,113
101, 564
993
94,385
918
86, 958
918
83, 511
'871
88,612
980
95, 389
631
62, 094
530
' 54, 227
536
47, 730
'673
69, 061
953
94, 360
0)
0)
(1)
1
4
83
3
65
3
54
4.4
4.0
.3
1.4
1.9
.4
3.9
3.9
.3
1.3
1.9
.4
66.91
72.15
77.26
2
C1)
G)
W
0)
Cl1)
0)
()
(')
(')
(')
C1)
0)
44
31
28
!
25
3.9
3.7
.3
1.1
2.0
.3
3.7
4.1
.3
1.3
2.2
.3
3.9
3.9
.3
1.1
2.2
.3
4.9
3.9
.3
1.1
2.2
.3
4.4
5.0
.3
2.2
2.2
.3
5.9
4.6
.3
1.0
3.0
.3
5.6
4.9
.4
.7
3.5
.3
66.91
72.18
78.76
67.40
72.81
78.85
65.87
71.07
77.04
66.65
71.76
78.22
67.15
71.98
77.73
65.76
69.67
75.55
67.76
72.49
74.09
70.04
75.84
79.64
70.59
' 76. 76
' 78. 17
70.78
76.82
' 75. 93
' 72. 40
' 78. 70
' 78. 26
p 71. 27
p 77. 32
p 76. 61
57.02
56.56
59.84
64.35
64.14
76.86
59.11
58.47
60.26
65.23
65.54
75.85
59.59
58.85
60.67
65.76
66.59
76.55
61.13
60.37
59.48
64.88
65.16
71.53
59.96
60.45
59.80
65.85
66.78
72.17
64.73
65.17
60. C2
66.09
67.37
73.38
63.11
62.94
58.56
64.92
65.49
71.89
66.20
66.35
60.19
67.03
68.48
77.77
66.10
66.53
62.41
68.39
69.32
81.91
'
'
'
'
65. 81
66. 22
63. 54
70. 27
71.86
' 81. 86
'
'
'
'
64. 35
64. 61
63. 38
70. 13
73.40
' 82. 92
' 63. 32
63.12
' 65. 06
' 71. 06
74.70
' 84. 02
* 60. 51
77.93
76.53
78.33
70.16
70.46
70.77
72.04
81.97
86.79
' 84. 20
' 85. 44
85.81
73.54
73.17
74.03
73.33
74.41
74.36
75.55
76.67
77.81
' 76. 98
' 77. 83
78.39
71.06
71.27
71.43
69.64
70. 95
70.18
67.66
70.67
74.26
' 75. 86
' 75. 84
' 78. 42
p 77. 28
70.07
79.81
70.22
69.85
79.70
69.93
70.35
80.00
70.43
67.74
78.62
69.03
69.99
79.06
68.90
70.11
78.87
69.73
68.43
76.46
67.91
71.17
77.84
69.86
74.05
80.31
72.11
' 75. 80
' 80. 82
72.66
' 74. 27
'81.32
72.40
75.98
' 83. 99
' 73. 91
v 83. 29
p 73. 25
13
(
°9
6
4.0
3.5
.4
.7
2.1
,3
5.2
4.2
.4
.7
2.8
.3
4
3.3
'3.4
.3
'1.0
1.7
.3
0)
p4. 4
P3.8
p." 9
"2.2
WAGES
Average weekly earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars _.
Durable-goods industries...
do
Ordnance and accessories
_ __ do .
Lumber and wood products (except furniture)
dollars _ _
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products.
_.do
Glass and glass products
_ _ __ do _
Primary metal industries
do
Blast furnaces, steel works, and rolling mills!
dollars
Primary smelting and refining of non ferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars ._
Heating apparatus (except electrical) and
plumbers' supplies .
dollars
Machinery (except electrical)
do
Electrical machinery
do
p 63. 07
p 68. 90
p 82. 25
79.24
79.47
78.47
79.57
80.08
79.12
' 86. 99 ' 86. 26 ' 89. 00 P 87. 40
Transportation equipment
_
do
75.50
78.38
85.16
79.83
80.55
80.84
79.68
80.24
79.27
93.79
' 92. 28 ' 90. 57
Automobiles
do
71.33
77.76
88.20
85.94
80.01
80.38
79.53
78.08
80.36
80.57
Aircraft and parts
do _
84.24
' 83. 59 ' 84. 41
80.66
80.03
74.32
74.85
75.01
76.81
72.91
78.40
Ship and boat building and repairs.._do
76.36
76.03
' 75. 96
74.76
75.87
77.68
78.12
76.25
76.79
77.79
78.55
80.90
75.82
Railroad equipment
do
76.11
74.83
' 76. 38 ' 76. 39
74.75
71.02
70.71
71.02
71.47
71.81
71.97
72.04
Instruments and related products _ __do_ _ _
70.49
74.45
' 75. 01 ' 75. 65 ' 76. 74 v 74. 53
60.18
59.94
60.57
59.31
60.39
Miscellaneous mfg. industries
do
60.01
59.06
' 63. 99 ' 64. 69 ' 65. 92 P 65. 14
60.68
62.69
1
' Revised.
* Preliminary.
Less than 500 claims.
tRevised series. Beginning 1952, data cover all domestic (land-line) employees except messengers and those compensated entirely on a commission basis; earlier data exclude general and
divisional headquarters personnel and trainees in school.
*New series. Data beginning 1947 will be shown later.
JSee note marked "t" on p. S-ll.
SUEVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1.953
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
EMPLOYMENT AND POPULATION— Continued
WAGES— Continued
Average weekly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries .
dollars
Food and kindred products
do...,
Meat products
do
Dairy products. _ _ . _ _ - .
do
Canning and preserving
...do
Bakery products
._
do
Beverages..
_
...do
Tobacco manufactures . _
do
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
..
do
Apparel and other finished textile products
dollars...
Men's and boys' suits and coats
do _ _
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
do
Paper and allied products,..
_ _ _ ...do. _ _
Pulp, paper, and paperboard mills.. _do
Printing, publishing, and allied industries
dollars,.
Newspapers
do..
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Products of petroleum and coal- _ ._ do.
Petroleum refining
do
Rubber products
.
do
Tires and inner tubes.
_
.do_...
Leather and leather products _
do
Footwear (except rubber)
„
do .
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
.. .
do
Bituminous coal
,_do_. .
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars..
Nonmetallic mining and quarrying
do
Contract construction
_
do
Non build ing construction.
_
.do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do.
Telephone
do
Telegraph f
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
.
_ . -._ dollars..
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers. . .do
Finance:
B anks and trust companies
do
Service:
Hotels, year-round
__ .
do
Laundries
do
Cleaning and dyeing plants
___do
Average hourly earnings (IT. S. Department of
Labor) :
All manufacturing industries
. . . dollars
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars ._
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone clay, and glass products _
do
Glass and glass products
do
Primary metal industries
-do
Blast furnaces, steel works, and rolling
millsj
_.
dollars..
Primary smelting and refining of nonferrous
metals
dollars. .
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars _.
Heating apparatus (except electrical) and
plumbers' supplies .
dollars-Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
-.
do _.
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs. . .do... .
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries.
do
60. 04
03. 40
69. 66
62. 79
50. 35
59.04
72.94
45. 27
52.40
52.10
47.66
60. 12
63.30 i
68, 72
62. 29
51.11
60. 09
73. 50
43.69
52.22
51. 19
. 48. 31
60. 13
(53. 30
68. 09
62. 55
51.40
59. 29
73. 41
43. 88
51. 32
49.48
48. 16
58. 71
62. 80
67. 78
62. 24
50. 44
60. 25
73. 81
41. 45
49. 85
49. 08
45. 94
59. 71
64. 09
68. 82
62. 95
49. 50
61. 57
76. 95
45. 40
50. 78
49.42
46. 86
60. 83
05. 34
69. 91
65. 30
50. 62
62. 27
78. 68
46. 74
51,61
50. 37
47. 23
61.03
65. 13
70. 35
64. 99
52. 56
61.89
80. 93
46. 24
51.78
51. 02
47. 80
61. 68
63. 67
69. 39
63.72
52. 98
61. 36
78.16
46.92
53. 48
52.62
49.14
62. 42
64. 34
71.17
65.61
55. 13
61. 89
76.89
47.01
54. 55
53. 70
49. 71
46. 40
50. 00
47.56
51. 67
47.36
52. 63
43. 58
48.20
45. 06
48. 77
45. 21
50. 86
45. 72
49. 54
48.12
54. 16
38. 06
53. 38
66. 39
71.29
39.02
54. 78
66. 57
71.68
39. 34
53. 14
67. 48
72. 93
38. 02
47.81
65. 33
69. 88
39. 47
49. 43
66. 34
71.01
39. 35
48.79
67.71
72. 54
38. 64
51. 63
68. 39
74.17
77. 28
83. 13
78.18
69. 06
72. 11
82.66
86.67
74.19
86. 99
49. 54
47.52
77.64
84.19
77. 26
68.81
72.02
82.09
85. 63
73. 31
85. 75
50.19
48.52
79. 06
84. 55
79. 55
69. 18
72.54
82.09
85. 50
72. 58
83. 46
50. 46
49.15
78. 23
85.02
78. 21
69.09
73.20
82. 34
85. 68
71.40
81. 90
48. 53
46. 57
79. 86
87.42
79. 96
69 73
73. 67
75. 22
76. 58
73. 47
84. 96
48. 90
46. 63
80. 16
87. 32
80. 52
70. 65
74. 07
84. 95
87. 83
75. 01
87.79
50. 04
47.74
79.12
73. 58
86.39
79. 25
68.97
80.27
80. 59
67.00
79.26
77.67
62. 52
66. 68
80. 45
74. 69
70. 25
84. 53
66. 69
84.74
81. 26
85. 35
82.29
67. 60
85. 95
82. 73
86.60
84.57
67.50
83. 51
79. 46
84.57
83.10
69.31
85. 20
82. 43
85. 92
73,92
59. 68
70.77
73.20
73. 52
59. 83
70.90
72.82
74.89
59. 29
71.02
73.28
74. 31
53.92
73. 24
66.42
66. 13
66. 62
66.49
51. 22
38.27
54.53
66. 68
50.98
37. 44
54.45
67.37
50. 90
37. 20
54. 87
67.74
50.97
37.04
55.16
69. 28
' 62. 62
64. 74
' 72. 70
'64. 11
r
54. 75
'•61.89
r
75. 80
' 47. 48
' 55. 22
r
54. 85
r
50. 59
' 62. 95
' 66. 20
' 76. 84
' 65. 04
' 48. 36
' 62. 28
78. 35
'r 47. 03
55. 07
54. 72
' 50. 59
' 63. 67
' 67. 11
78.94
65. 52
51. 70
61.81
77.48
' 47. 07
T
55. 73
55. 3S
49. 74
^62.80
v 66. 86
48.47
55. 27
'48. 15
-47.70
' 53. 74
' 48. 28
54. 87
p 47. 80
40. 13
54. 70
69. 36
73.99
40.61
53. 94
71.08
75.72
"41.69
' 51. 73
'
'
'
'
41.08
53. 53
' 72. 94 "V7J.~68~
77.87
79. 93
86. 64
80. 64
70. 29
74.68
88. 05
90. 82
72. 15
84.22
50.01
47.80
80. 83
86.89
80. 20
70. 68
75. 13
87. 31
'81.67
'• 88. 93
•-81.57
'81.34
r 71. 60
73! 65
85. 29
52. 02
50. 50
82. 16
88.91
81. 45
71.30
76. 21
89.28
92. 10
75.17
86.24
51. 26
48.73
11. 45
' 77. 91
'88. 18
'91.67
' 77. 44
' 8S. 02
' 50. 82
47.21
79. 32
66.67
64. 30
80.38
59. 35
63. 45
81.17
65. 70
80. 55
85.40
76. 73
87. 91
r 84. 35
'71.68
' 75. 08
'83. 16
' 81.59
' 86. 38
85. 13
80. 37
91. 00
81. 93
70. 74
85. 81
84. 42
86. 03
85. 53
71.31
87.35
86.72
87.50
85.85
70. 45
87.78
86. 36
88. 09
85. 70
73. 10
89.64
89.93
89. 59
89.00
92! 18
94. 05
91.68
' 86, 60
' 75. 82
' 92. 98
'94.13
' 92. 69
'90.14
' 73. 23
r
88. 04
' 85. 00
' 88. 60
87.72
72. 10
91.09
87.03
91.94
76. 17
60.60
73.46
76.91
60.80
72.40
74.41
78. 14
62. 29
72.84
74.78
78. 68
62.05
72. 00
74. 81
77. 56
62. 95
74. 51
76. 25
' 77. 75
' 63. 76
' 74. 66
r
77. 00
' 77. 83
' 64. 70
73.79
' 78. 83
78.68
63. 44
74. 14
78.08
66.94
67. 59
67. 80
68.13
68.70
' 69. 23
' 69. 30
69. 47
51.68
37. 91
55.12
71.08
52. 85
38. 80
56. 68
71.71
53. 09
38. 98
56. 96
70. 91
53. 00
38. 84
56.94
69.61
52. 30
37. 66
56. 32
70. 65
52. 29
37. 51
' 56. 17
' 71. 73
'51.91
' 36. 78
' 56. 59
' 71. 78
52. 01
38. 82
56. 55
71. 51
' 54. 51
r 71. 79
' 76. 42
r 70. 94
r
88. 06
'90.81
' 75. 01
r 86. 04
r 51. 15
47. 91
41. 52
51. 61
72. 39
77. 43
r £8. ftl
r
80' 8*
r
' 83. 54
91. 92
84.01
' 72. 34
77 51
r
88'. 07
91. 73
' 79. 63
90. 59
' 53. 17
50. 71
p 40. 32
p 54. 11
p 80. 93
p 71.50
p 87. 56
p 77. 02
p 53. 83
52.05
52.14
52. 30
52. 03
52.12
51. 96
52.44
52. 48
52. 41
' 53. 07
' 53. 59
53.65
36.47
38. 55
44.08
36.59
37.96
43.14
36. 38
38. 00
43. 39
36.72
38. 47
45.22
36. 76
39. 00
46. 41
36. 72
39. 54
47.20
36. 72
38. 73
44.45
36.98
38.20
44.13
36. 97
38. 95
46. 02
' 37. 23
' 38. 98
' 46. 51
' 37. 56
38.84
' 45. 29
38.31
39. 39
40. 54
1.640
1.726
1.740
1.644
1.731
1.762
1.656
1.746
1.780
1.655
1.742
1.775
1.658
1.746
I. 790
1. 658
1.747
1.787
1. 648
1.733
1.786
1. 669
1.768
1. 807
' 1. 696
1.810
1. 865
1. 705
'1.819
' 1. 848
1.713
1.829
'• 1. 834
1.422
1.432
1.442
1. 585
1.653
1.852
1.456
1.458
1.452
1.591
1.655
1.841
1.475
1. 475
1.469
1.600
1. 669
1.849
1. 502
1.498
1.465
1. 602
1. 675
1. 834
1. 459
1.478
1. 462
1. 606
1.678
1.841
1. 534
1. 548
1.464
1. 616
1. 697
1. 830
1. 543
1. 544
1. 453
1.615
1.701
1. 820
1. 580
1. 595
1. 461
1. 631
1.712
1. 925
1. 589
1. 607
1. 486
1.656
1.746
1. 993
' 1. 567
' 1 . 588
'1.495
1. 673
1. 757
' 1. 982
'
'
'
'
1.910
1. 885
1.892
1. 876
1. 884
1.923
1.911
2. 034
2.122
' 2. 074
' 2. 084
2.093
1.772
1.759
1.771
1.767
1.776
1.779
1. 803
1.843
1. 866
' 1. 855
'1.871
1.871
1.700
1.705
1.713
1.711
1. 718
1.716
1.700
1.732
1. 768
1. 785
' 1. 793
' 1.811
1.730
1.818
1.676
1.729
1.828
1.681
1.737
1.839
1.697
1.737
1.837
1. 696
1.741
1.843
1.697
1.744
1.847
1.705
1. 728
1. 838
1. 702
1. 753
1.849
1.708
1.780
1.872
1.721
' 1. 792
'1.884
1. 730
' 1 . 794
r
1. 900
1.732
1.809
' 1. 922 ""p~L928
1. 739
P 1. 740
1.915
1.989
1.841
1.839
1.873
1.687
1.462
1.914
1. 976
1.852
1.858
1.887
1.703
1.475
1.939
2.001
1.878
1.878
1.902
1.714
1.481
1.928
1. 997
1.859
1.852
1.S92
1.708
1.479
1. 936
2. 001
1.878
1. 85S
1.884
1.718
1.491
1. 944
2.012
1.882
1. 859
1. 916
1. 730
1.4,99
1.921
1.987
1. 889
1. 846
1.866
1. 732
1.484
1.945
2.025
1.892
1.878
1,905
1. 736
1.491
2. 018
2. 110
1.932
1.918
1.902
1.760
1. 507
' 2. 042
' 2. 141
' 1. 944
1. 928
' 1. 919
' 1. 769
' 1.520
' 2. 049
' 2. 136
' 1. 963
1. 939
' 1. 929
' 1. 780
' 1. 533
r
2. 005
2.156
1.971
1. 955
1.954
' 1. 793
' 1.551
P 2. 042
1. 540
1. 552
1. 701
1. 432
1. 308
1.472
1.860
1. 545
1.547
1. 720
1.441
1.282
1.477
1.882
1.542
1. 538
1.726
1. 445
1. 318
1. 468
1. 8SX
1.545
1. 521
1.719
1.471
1.282
1.477
1.880
1. 550
' 1. 545
' 1.731
' 1. 467
'1.329
' 1 . 490
1.867
'
'
'
'
'
T
r
P 1. 578
p I. 615
1.531
1.520
1.530
1. 529
1.522
Nondurable-goods industries. _ .
do
1.548
1.529
1. 544
1.543
1.524
Food and kindred products
do
1.691
1.677
1. 682
1.639
1.660
Meat products
do
1. 421
1.428
1.421
1.427
1.419
Dairy products
-.
do
1. 349
1. 345
1.306
1.325
1.331
Canning and preserving
-do
1.473
1.448
1.446
1.466
1.433
Bakery products
do _
1.841
1.818
1.806
1.817
1.801
Beverages
do
r
Revised.
» Preliminary.
fRevised series. See note "f" on p. S-13.
*New series. Data beginning 1947 will be shown later.
r
fSee note marked "J" on p. S-ll.
r
r
1. 558
1. 572
1. 509
1. 694
1. 808
1. 998
1. 562
1. 580
1. 760
1. 485
1.314
1.497
1.897
'1.732
' 1.843
r
1.859
p 1.734
p 1.841
p 1.873
' 1.522
r 1.494
1. 532
' 1. 520 "Vi.'sifi
' 1. 696 p 1. f>97
1. 800
' 2. 010 "Vi'oii"
1. 572
1. 594
1. 760
1.496
1. 357
1.504
1.899
p 1.814
P 1. 783
P 1.502
SUKVEY OF CUREENT BUSINESS
March
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-15
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
EMPLOYMENT AND POPULATION— Continued
WAGES— Continued
Average hourly earnings, etc. — Continued
All manufacturing industries— Continued
Nondurable-goods industries-— Continued
Tobacco manufactures
dollars. _
Textile-mill products
do
Broad-woven fabric mills
do _ _
Knitting mills
do
Apparel and other finished textile products
dollars -M^en's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
do
Paper and allied products
do
Pulp paper and paperboard mills
do
Printing, publishing, and allied industries
dollars...
Newspapers
do
Commercial printing do
Chemicals and allied products.. . .
_do
Industrial organic chemicals
do
Products of petroleum and coal.
- do__.
Petroleum refining _ _
_ _ do_ _Rubber products
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
MetaL
_ _ _
__-do_ Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars Nonmetallic mining and quarrying. _ do_ _
Contract construction
do
Nonbuilding construction- ._ _
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph f
do
Gas and electric utilities _
_ _ _
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*_ . . - _ ... -dollars _
General-merchandise stores
do
Food and liquor stores
- _ _ _ _do
Automotive and accessories dealers. . .do _ Service-Hotels, year -round
do
Laundries
_._
doCleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
_- - dol. perhr
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
__do__
Road-building wages common labor
do
1.179
1.347
1.336
'1.216
' 1. 366
1.354
1.272
p 1. 232
v 1.363
' 1.291
1.487
f 1. 299
1.288
1.184
1. 346
1.333
1.278
1.199
1.347
1.330
1. 274
1.198
1.340
1.323
1. 269
1.198
1.347
1. 332
1.270
1.211
1.344
1.336
1.256
1.220
1 345
1. 339
1. 258
1.200
1 347
1. 339
1 260
1.187
1 357
1.344
1 268
1.289
1 497
1.296
1 489
1.287
1.491
1. 245
1.465
1.238
1. 469
1.249
1 487
1.270
1 470
1.290
1 496
1.296
1 506
r
1.066
1.487
1 562
1.635
1. 069
1. 505
1 570
1. 644
1. 072
1. 468
1 584
1.665
1.062
1.398
1.578
1. 656
1.061
1. 373
1. 587
1.667
1. 055
1.402
1 597
1 683
1.050
1.475
1 613
1.709
1. 056
1 511
1 613
1 697
1.063
1 511
1 634
1 721
' 1. 069
' 1. 478
r
1 639
r
1. 729
' 1. 070
' 1. 458
2. 002
2.322
1.940
1. 660
1. 785
2. 022
2.332
1. 946
1.662
1.787
2.043
2. 342
1.974
1.675
1. 800
2.048
2. 355
1.980
1.685
1.821
2. 069
2.395
1.999
1.705
1.828
2. 066
2.399
2.003
1.719
1.838
2.076
2.400
2.001
1.727
1.844
2.078
2.407
1.990
1.728
1.846
2.096
2.436
2.011
1.718
1.868
' 2. 094
' 2. 443
'2.019
' 1.717
r
1. 872
r 2. 091
r 2. 441
2.021
2. 114
1.814
2.127
1.290
1.244
2.012
2.104
1.810
2.112
1.297
1. 257
2.017
2.111
1. 801
2.097
1.304
1.270
2.033
2.126
1.803
2. 084
1.308
1.269
2.022
2. 145
1.814
2.103
1.311
1.267
2.082
2.174
1 834
2 136
1 310
1 263
2. 132
2.226
1.822
2.116
1.299
1.248
2.140
2.248
1 814
2 106
1 317
1 272
2.167
2.274
1 829
2.119
1 328
1. 279
' 2. 153
' 2. 156
r 2. 259
r 2. 258
' 1 822 r 1. 875
r
' 2. 184
2. 114
r
1 348
f 1 339
1.288
1.297
1.786
2.257
2.244
1.797
2.232
2. 236
1.811
2. 226
2. 239
1.802
2. 225
2.230
1.812
2. 243
2. 209
1.862
2 215
2. 256
1.865
2. 223
2.258
1.849
2 250
2.225
1.902
2 250
2.260
' 1. 904
r
2. 233
' 2. 343
r
1. 943
* 2. 260
r
2. 440
1.948
2.482
2.518
2.027
1. 526
2. 236
2.052
2.276
2.017
1. 526
2. 244
2.058
2.285
2.033
1.541
2. 251
2.064
2.292
2.022
1. 547
2.242
2.071
2.285
2.018
1.548
2. 223
2. 049
2. 270
2.071
1.557
2 217
2.055
2 261
2.094
1.569
2.245
2.066
2. 294
2.116
1.596
2 281
2.121
2 327
2.155
1.620
2 316
2.157
2 363
' 2. 133
r 2. 172
r 1. 642
2.150
1.269
2.366
2.165
2.413
1.593
1 542
1.612
1.747
1.581
1 554
1. 615
1.759
1.607
1 540
1.614
1.770
1.612
1 545
1.624
1 566
1.783
1.666
1 585
1. 626
1.802
1 674
1 591
1.618
1.807
1 686
1 614
1 749
1.833
r
1. 769
1.633
1 559
1.627
1.806
I 694
r i 639
r
1. 765
r
1.851
' 1. 703
r i 659
L761
r
1. 877
1.703
1 635
1.761
1.877
1.632
1. 637
1.649
1. 658
1.657
1 669
1.670
1 678
1 688
r
1 701
r
1 707
1 707
1.287
1.069
1. 384
1.485
1.281
1.043
1.382
1. 497
1.279
1.039
1.389
1.502
1.284
1.029
1.393
1.526
1.305
1.062
1. 406
1. 569
1.318
1. 069
1. 410
1.583
1.314
1. 065
1. 403
1. 562
1.312
1.064
1.399
1.540
1.324
1.070
1.415
1.563
1. 334
1. 078
1. 433
1. 580
r 1.331
r 1. 588
1.310
1.047
1.439
1.575
.852
.929
1.083
.855
.928
1.084
. 856
.929
1.082
.858
.936
1.095
.863
.942
1.105
.862
.946
1 108
.866
.940
1. 103
.868
.941
1,095
872
.950
1 109
r
878
r
. 953
r
1 110
'.888
.959
1 110
891
.963
1.116
1. 654
2. 758
1.659
2.758
1.664
2.770
1.680
2.774
1. 690
2.797
1. 706
2 808
1. 755
2.849
1.793
2.885
1.803
2 909
1.817
2 921
1 817
2 937
.86
1.807
1 29
1. 830
1.809
.83
1.788
1 38
1. 802
1.821
.87
1.835
1 41
1.851
1.858
76
1 853
1 48
1.906
1.873
430
510
416
495
450
539
454
550
454
565
449
591
478
575
492
539
487
504
350
908
352
896
414
775
433
725
2 221
1 102
1,078
23
421
697
408
696
131,960
57, 052
74, 908
110, 578
43, 166
67, 412
123,886
49, 278
74, 608
137, 731
55, 560
82, 171
115, 497
44, 746
70, 751
153, 516
65, 692
87, 824
132,786
52, 803
79, 983
50, 479
24, 747
477
23, 694
22, 147
50, 479
21, 455
20, 066
319
25, 215
47.5
51,341
25, 855
1,591
23, 575
22, 140
51, 341
22, 273
20, 616
620
25, 426
46.4
52, 492
26, 740
1,895
23, 821
22, 145
52, 492
22, 583
21, 149
795
25, 949
45.6
51, 852
25, 825
156
24, 697
21, 986
51, 852
21, 344
19, 950
-570
26, 250
46.2
51, 948
26, 478
1,735
23, 944
21,790
51, 948
22,515
20, 611
614
25, 638
45.3
' 1. 190
' 1. 360
' 1.351
' 1. 271
1.284
1.510
r I. 634
f 2 348
2.184
r
2 395
r
r
r
r 1.212
r 1. 363
r
1.351
1. 271
r 1. 277
r
1 497
r 1 649
r
' 1. 740
r 2. 022
r 1. 729
r 1. 882
'2.115
2.471
2.054
' 1. 739
1.886
•p 1. 663
f 2. 102
P 1. 744
' 2. 164
p 2. 162
2.265
' 1 896 •p 1 884
2.215
T
1. 346
J» 1 349
' 1. 297
f 2. 354
r 2. 174
r
1. 067
1.487
1 654
1.742
2. 401
T
1. 066
f 1. 440
r
1.817
2 937
1.817
2 942
89
FINANCE
458
534
422
544
2, 194
1, 050
1,021
30
377
766
357
820
337
860
2,313
1,074
1,046
27
343
896
125, 269
50, 180
75, 089
124, 664
52, 057
72, 607
121, 433
49, 535
71,898
129, 870
54, 922
74, 948
r
49, 213
49, 549
48, 590
50, 252
48, 939
50, 496
23, 632
23, 270
24, 152
23, 551
24, 821
25, 216
133
676
952
59
1, 270
1,318
22, 363
22, 514
22, 273
22, 906
22, 853
23, 146
22, 115
22, 106
22, 103
22, 143
22, 146
22, 147
49, 213
49, 549
48, 590
48, 939
50, 252
50, 496
21, 175
20, 746
21, 412
20, 559
21, 952
22, 056
19, 733
19, 940
19, 778
19, 381
20, 323
20, 411
492
797
591
-192
495
835
24, 371
24, 332
24,567
24,826
24, 843
25, 119
49.0 i
48.6
48.1
48. 8
47. 3
46. 9
r
Revised.
* Preliminary.
fRevised series. See note "f" on p. S-13.
*New series. Data beginning 1947 will be shown later.
§Rates as of February 1, 1953: Common labor, $1.817; skilled labor, $2.946.
2 260 !
1 088
1 062
26
369
••803
SUEVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1J>53
1953
1952
January
February
March
April
May
June
July
August
September
October
November
December
January
FINANCE—Continued
BANKING—Continued
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted
. _mil. ofdol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doL.
States and political subdivisions
do
United States Government
do._.Time except interbank total
do
Individuals, partnerships, and corporations
mil. of doL_
States and political subdivisions
-do
Interbank (demand and time)
do
Investments, total
do
U. S. Government obligations, direct and
guaranteed, total
mil. of dol_.
Bills
do ...
Certificates
do
Bonds and guaranteed obligations
do
Notes
do-_.~
Other securities
do -.Loans, total
do_-.Commercial, industrial, and agricultural. -do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of doL_
Real-estate loans
do
Loans of banks
do _ _
Other loans
do____
Money and interest rates :d"
Bank rates on business loans:
In 19 cities
percent
New York City
do
54, 328
52, 683
51, 162
52, 303
52, 863
51, 708
52, 766
52, 275
52, 317
53, 586
54, 392
54, 648
54, 799
54, 798
3,694
1,644
16, 070
53, 646
3,599
2,545
16, 205
51, 729
3,710
3,666
16,318
52, 913
4,070
3,184
16, 383
53, 152
4,021
2,917
16, 509
52, 818
3,705
6,914
16,631
53, 189
3,698
4,793
16, 651
53, 253
3, 558
3,144
16, 706
53,835
3,515
3,561
16, 829
54,799
3,561
3,450
16, 929
55, 454
3,559
3,784
16, 974
57, 523
3,746
3,517
17, 262
55, 379
3,845
2,337
17, 226
15, 176
728
11,834
39, 260
15, 275
761
11,481
38, 833
15, 385
764
12, 042
38,316
15, 444
767
10, 998
38, 563
15, 554
780
10, 895
38, 983
15, 689
763
11,990
41,019
15, 687
779
11, 274
40, 800
15, 751
765
11,965
39, 503
15, 883
756
12, 261
39, 093
16,002
738
12,175
39, 747
16, 027
751
12, 492
40, 215
16, 303
758
13, 612
39, 812
16, 261
765
11,985
39, 054
32,419
4,319
3,698
18, 456
5, 946
6,841
34, 757
21, 160
969
31,892
3,855
3,798
18, 286
5,953
6,941
34, 693
21, 157
1,077
31, 163
3,415
3,611
18, 220
5,917
7,153
34, 795
21, 172
1,278
31,456
3,624
3,684
18, 274
5,874
7,107
34, 770
20, 796
1,695
31,719
3,544
3,728
18, 524
5,923
7,264
34, 863
20, 530
1,885
33, 582
3,734
3,885
20, 016
5,947
7,437
36, 472
20, 567
2,792
33, 267
3,313
3,700
20, 288
5,966
7,533
35,315
20, 581
1,988
31,932
2,582
3,211
20, 149
5,990
7,571
35. 685
21,017
1,461
31, 579
2,513
2,617
20, 121
6,328
7,514
36, 680
21, 671
1,416
32. 361
3,610
2,433
20, 057
6,261
7,386
37, 238
22, 274
1,437
32, 947
4,460
2,445
19, 974
6,068
7,268
38, 051
22, 949
1,606
32, 502
4,087
2,422
20, 004
5,989
7,310
38, 692
' 23, 206
1,995
31, 687
3,644
2,413
19, 709
5,921
7,367
38, 287
22, 837
1,536
667
5,669
822
6,011
660
5,652
691
5,999
677
5,657
540
6,021
660
5,674
438
6,056
659
5,690
463
6,187
789
5,726
759
6,393
717
5,764
386
6,436
792
5,824
614
6,537
767
5,890
826
6,670
742
5,945
618
6,784
725
5,992
431
6,918
797
6,005
149
7, 127
790
6,031
478
7,208
1.75
2.73
4.17
1.75
2.73
4.17
3.45
3.23
3.47
3.79
1.75
2.73
4.17
1.75
2.73
4.17
1.75
2.73
4.17
3.51
3.27
3.46
3.90
1.75
2.73
4.17
1.75
2.72
4.17
1.75
2.71
4.17
3.49
3 29
3 44
3 84
1.75
2.71
4.17
1.75
2.71
4.17
1.75
2.71
4.17
3.51
3.33
3 49
3.84
1.75
2.71
4.17
2.00
2.71
4.17
1.75
2.38
2.45
2.56
1.75
2.38
2.38
2.56
1.75
2.38
2.38
2.56
1.75
2.35
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.57
2.61
1.75
2.31
2.63
2.63
1.75
2.31
2.63
2.63
1.75
2.31
2.63
2.63
1.75
2.31
2.63
2.63
1.82
2.31
2.63
2.63
1.688
2.08
1.574
2.07
1.658
2.02
1.623
1.93
1.710
1.95
1.700
2.04
1.824
2.14
1.876
2.29
1.786
2.28
1.783
2.26
1.862
2.25
2.126
2.30
2.042
i 2.39
12, 208
2,695
12, 267
•• 2, 681
12, 382
2,669
12, 438
2,651
12, 531
2,633
12, 678
' 2, 617
12, 730
2,601
12, 786
2,586
12, 896
2,572
12, 943
2,561
13, 046
2,552
13, 257
v 2, 542
13, 359
* 2, 535
Total consumer credit, end of month--.mil. of doL.
Instalment credit, total
-- - - do.
Sale credit total
do
Automobile dealers
do
Department stores and mail-order houses
mil. of doL.
Furniture stores
do _ _
Household-appliance stores
do
All other retail stores (incl. jewelry)
do
20, 126
13, 314
7,322
3,962
19, 717
13,185
7,158
3,927
19, 565
13,156
7,047
3,891
19, 788
13,319
7,099
3,946
20, 293
13, 806
7,421
4,171
20, 961
14, 409
7,820
4,446
21, 213
14, 745
8,039
4,597
21, 433
14, 939
8,149
4,634
21, 657
15, 193
8,339
4,708
22, 289
15, 573
8,653
4,882
22, 798
15, 885
8,917
5,038
» 23, 973
v 16, 513
* 9, 405
v 5, 205
* 23, 734
v 16, 555
» 9, 383
v 5, 314
1,129
933
592
706
1,082
909
567
673
1,060
893
548
655
1,064
894
541
654
1,101
924
551
674
1,132
954
588
700
1,142
974
612
714
1,166
995
625
729
1,217
1,013
648
753
1,278
1,045
666
782
1,333
1,069
672
805
v 1, 461
v 1, 147
J-709
*883
v 1, 425
* 1, 105
p684
P855
Cash loans, total
_
do
Commercial banks
do
Credit unions
do
Industrial banks
do
Industrial-loan companies
do
Insured repair and modernization loans
mil. of doL.
Small-loan companies
do
Miscellaneous lenders
do_...
5,992
2,521
541
300
230
6,027
2,542
545
301
232
6,109
2,593
553
303
235
6,220
2,642
568
307
239
6,385
2,726
589
319
246
6,589
2,838
614
330
254
6,706
2,892
631
341
259
6,790
2,931
647
346
263
6,854
2,971
662
352
264
6,920
3,011
677
359
266
' 6, 968
3,039
683
361
268
» 7, 108
v 3, 093
?698
"365
"273
» 7. 172
f 3, 134
P701
P366
P272
951
1,273
176
956
1,275
176
963
1,285
177
983
1,302
179
1,004
1,320
181
1,024
1,346
183
1,032
1,366
185
1,039
1,377
187
1,044
1,375
186
1,045
1,376
186
r
1, 046
1,384
187
» 1,047
v 1, 439
"193
v 1, 046
v 1, 458
v 195
4,253
1,445
1,114
3,967
1,448
1,117
3, 855
1,443
1,111
3,913
1,437
1,119
3,921
1,431
1,135
3,980
1,435
1,137
3,891
1, 443
1,134
3,902
1,456
1,136
3,848
1,469
1,147
4, 075
1,488
1,153
4,242
1, 515
1,156
» 4, 759
v 1, 549
» 1, 152
» 4, 439
v 1, 578
* 1, 162
393
85
46
38
184
373
91
46
37
181
429
95
52
41
216
429
103
50
39
211
479
116
52
44
236
497
122
56
44
248
473
113
53
42
238
418
105
50
41
211
423
105
51
39
196
449
113
55
45
209
392
97
47
39
214
M65
» 119
P60
*48
"327
P436
»103
*54
Ml
*>192
5,153
4,953
44
3,944
826
339
6,194
5.553
43
5,258
805
88
10,800
9,886
44
9,816
825
115
5,187
4,323
47
4,186
849
105
4,688
3,809
45
3,663
828
152
10, 220
9,796
45
9,147
845
183
3,649
3,316
48
2,464
949
188
4,585
4,050
47
3,546
862
130
6,875
6,585
52
5,834
877
112
3,355
3, 099
65
2, 227
923
139
4,731
4,151
44
3,624
888
175
6,350
6,003
51
5,024
939
336
5,232
5, 061
51
4,130
842
209
6,383
6,070
572
559
363
353
3,723
4,008
1,725
1,150
bond ol June 15, 1 958.
5,161
185
354
3,302
1,319
7,124
1,146
386
4,081
1,511
5, 737
235
354
3,632
1, 516
11 southern and western cities
do
Discount rate (N. Y. F. R. Bank)
do
Federal intermediate credit bank loans
do
Federal land bank loans
do
Open market rates, New York City:
Acceptances, prime, bankers', 90 days
do
Commercial paper, prime, 4-6 months
do
Call loans, renewal (N. Y. S. E.)
do
Time loans, 90 days (N. Y. S. E.)
do
Yield on U. S. Govt. securities:
3-month bills
do
3-5 year taxable issues
_
do_ _ Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol__
U S postal savings
do
T
CONSUMER CREDIT
Charge accounts
Single-payment loans
Service credit
do
do
._ _ do
_
Consumer instalment loans made during the month,
by principal lending institutions:
Commercial banks
mil of dol
Credit unions
do
Industrial banks
do
Industrial-loan companies
. _ . . . do _
Small-loan companies
do
FEDERAL GOVERNMENT
r
FINANCE
Budget receipts and expenditures:
Receipts total
Receipts, net.
_._
._
Customs
_
Income and employment taxes
Miscellaneous internal revenue
All other receipts
mil of dol
_ . _ do
do
do
do
do _
6,742
5,659
6,930
5,704
6,016
5,105
5,455
Expenditures, total
do
1,518
320
172
689
350
142
228
Interest on public debt
_
do_. .
361
359
401
404
367
449
'399
Veterans Administration
do
3,884
3,699
3, 791
3,425
3,775
3,414
3,155
National defense and related activities do
r
2,137
1,353
1,337
1,186
1,523
1,363
1, 409
All other expenditures
do
r
J
Revised.
* Preliminary.
Beginning Jan uary 1, 19£ 3, includes 2$i perce nt bond of March 15, 1956-58, an d 1% perc(mt
cfFor bond yields see p. S-19.
r
r
5,018
183
362
2,971
1,502
SURVEY OF CURRENT BUSINESS
ainroh 1053
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-17
1952
January
February
March
April
May
June
1953
July
August
September
262. 682
260, 577
222 216
38, 360
2 105
October
November
December
January
264, 919
262, 820
224, 430
38, 390
2.099
267, 432
265, 345
226, 557
38, 788
2,087
267, 301
265, 293
226, 143
39, 150
2,098
267, 402
265, 323
226 226
39, 097
2 079
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE— Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of dol__
Interest -bearing, total
._ _. .
do
Public issues
do
Special issues
_ _ _ _ _ _ _
do
Noninterest bearing
do
Obligations guaranteed by U. S. Government,
end of month
_
mil. ofdol
U S Savings bonds:
Amount outstanding, end of month
do
Sales series E, F, and G
do
Redemptions
_ _
do
259, 775
257, 482
221, 249
36, 233
2,294
260, 362
258,136
221, 776
36, 360
2 226
258, 084
255, 794
219, 301
36, 493
2,290
258, 292
256, 102
219,356
36, 746
2,191
259, 905
257, 739
220, 540
37, 198
2,167
259, 105
256, 863
219, 124
37, 739
2,242
263, 186
261, 060
222 753
38, 307
2,125
38
37
41
44
45
46
34
39
40
45
51
54
48
57, 809
57, 821
57, 814
57, 772
57, 739
57, 807
57, 827
57, 868
57, 871
57, 903
57, 958
303
346
58, 046
375
422
58. 237
504
435
440
492
338
410
Government corporations and credit agencies:
Assets, except interagency, total
mil. ofdol
Loans receivable, total (less reserves)
do
To Rid agriculture
do
To aid home owners
do
To aid railroads
do
To aid other industries
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities supplies and materials
do
U S Government securities
do
Other securities
do
Land structures, and equipment
do
All other assets
do
330
428
313
437
292
422
26, 858
14, 422
4 239
2,363
98
473
(0
364
431
367
467
356
399
28, 922
16 890
4 563
2 437
597
7,617
7, 826
1, 322
2,422
3,451
3, 406
1, 835
1 350
2 364
3,438
3 186
1 683
1 377
2, 371
3, 436
3,212
1 636
2 774
731
933
801
do
2,499
2 472
do
do
do
38
1,214
1,247
44
Privately owned interest
TJ S Government interest
do
do
24, 010
39
1,301
1 434
1 228
1 200
349
347
398
84
480
(i)
716
85
464
(i)
653
6, 096
330
416
27, 933
15 913
4 058
2 387
Liabilities except interacrency total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities
Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
totaled
-mil. of dol
Industrial and commercial enterprises, including
national de fen sec?
mil. of dol
Financial institutions. _ ___
__
do, _
Railroads
do
States, territories, and political subdi vision s.do
Republic of the Philippines.. _
do
Mortgages purchased
do
Other loans
do
263, 073
260, 908
222, 963
37, 945
2, 165
367
357
25, 780
25 104
816
803
800
795
778
754
751
753
769
787
790
793
786
439
79
99
433
76
96
432
73
96
430
71
95
420
68
95
425
55
83
424
54
82
427
53
82
444
53
82
458
51
82
464
50
80
22
54
72
47
472
47
80
22
54
72
47
469
47
80
22
51
71
46
18
57
77
45
19
57
77
46
19
57
76
46
16
57
76
46
68, 554
61, 385
68, 907
61, 734
69, 250
62, 125
69, 604
62, 500
r 60, 670
* 38, 278
60, 640
38. 187
11, 706
9, 514
1C, 846
3,164
12, 470
60, 938
38, 385
11, 588
9, 436
10, 909
3.182
12, 706
«- 1, 434
' 1, 569
16, 336
1,375
14, 961
2,206
1,445
1,615
2,031
2,179
19
57
78
45
16
54
75
46
16
54
74
47
69, 959
62, 789
70, 334
63, 083
70, 774
63, 590
61, 237
38, 587
11. 546
9,409
10, 961
3,185
12, 895
61,547
38, 692
11,275
9,151
11, 030
3, 196
13,190
61, 857
38, 780
11,096
8,989
11. 066
3,238
13, 380
16, 459
1, 388
15, 071
2,217
1,464
1,628
16. 583
1,406
15, 176
2.226
1, 471
1,597
16, 719
1,423
15, 296
2,236
1,483
1,637
2.571
99
329
333
129
179
61
140
53
160
2,495
246
530
1,719
113
384
363
144
207
72
178
69
190
329, 638
148 934
38, 984
8,273
28. 819
50,648
53. 980
366, 424
155, 851
41, 738
8,351
30, 826
57, 169
72. 489
16
54
74
47
16
54
73
47
22
54
73
47
71, 123
63, 855
71, 578
64, 205
72, 034
64, 665
72, 415
65, 010
73, 034
65, 332
73, 621
65, 948
62, 201
39, 079
11, 134
9.007
11, 109
3, 251
13, 585
62, 495
39, 184
11,131
9,025
11,184
3,253
13, 615
62, 808
39, 310
11,127
9,044
11,212
3,281
13, 690
63, 159
39, 565
10, 924
8.887
11, 346
3,301
13, 994
63, 479
39, 757
10, 967
8, 935
11, 362
3,314
14, 115
16, 852
1,439
15, 413
2,246
1,498
1,633
16, 976
1.454
15, 521
2,254
1,510
1,634
17, 082
1,463
15,619
2,262
1,520
1,688
820
17,188
1,471
15, 717
2,270
1,526
1,694
17, 311
1,481
15, 830
2,276
1.540
1,664
767
17,411
1,490
15, 921
2,280
1, 550
1,714
64, 092
39, 915
10, 867
8,837
11,409
3,336
14, 304
872
17, 583
1,503
16, 080
2,284
1,655
1,784
64, 797
40, 473
10, 984
8, 926
11, 552
3,397
14, 541
827
17,774
1,512
16, 262
2, 310
1,658
1, 756
2,589
442
464
1, 683
113
382
355
148
203
69
161
60
192
2,442
351
420
1,671
115
377
358
148
198
67
156
62
189
2,319
2 504
2,661
115
406
367
142
209
69
168
63
197
2,803
582
537
1,684
111
388
349
147
205
67
161
64
191
1,594
1,816
104
347
340
140
199
67
156
59
182
122
411
384
160
219
77
162
68
212
2 516
373
474
1,669
113
398
356
136
199
71
150
61
184
3,319
950
421
1,948
124
426
429
172
230
84
174
78
230
2 350
252
432
1,666
124
424
358
137
177
63
151
50
182
344, 261
149. 388
38. Ill
8,666
30, 671
58, 473
58. 952
336, 714
150, 656
37, 479
8,367
29. 175
55, 895
55. 142
339, 822
148 980
35, 126
8,651
31, 177
50, 453
65. 435
338, 501
154 506
33 809
8,845
31 200
52, 947
57. 194
322, 636
146 410
34 400
8 253
28 532
48 768
339, 557
154 860
39 111
9 220
31 605
52 916
51.845
304. 060
141 626
32 337
7 874
28 595
45 127
48. 501
417, 402
168 314
40 498
9 244
28 870
53 198
117 278
399, 041
169 068
42 909
9 851
42 973
53 217
81 023
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated totalj
__mil. ofdol _
Securities and mortgages t
do
49 companies (Life Insurance Association of
America), total
mil. ofdol
Bonds and stocks, book value, total _. do
Govt. (domestic and foreign), total
do
U. S. Government
. ... do_. _
Public utility
_ do __
Railroad
do
Other . _
.. ...do
Cash
do
Mortgage loans, total. _ _
__ do__ _
Farm
_
_ _ _ _ _
do
_
Other
_. . _ _ - d o
Policv loans and premium notes
_do___
Real-estate holdings _ _ _ _ _ _ _
do
Other admitted assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value, estimated total§
_ _ _ _ mil. ofdol
Group and wholesale!
do
Industrial§
do
Ordinarv, total
__ ._ ___
do_
New England
do
Middle Atlantic
do
East North Central
__ ._ do ___
West North Central
__
do
South Atlantic
do
East South Central..
_.. _ . _ do _ .
West South Central
do
Mountain
._ _. do ___
Pacific
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries,
estimated total
thous. of dol._
Death claim payments
do
Matured endowments
do
Disability payments
_ do __
Annuitv pavments
do
Surrender values
__ _ do
Policv dividends
do
r 11, 807
T 9, 592
' 10, 922
r
3, 186
«• 12, 364
'929
r 16, 241
'1,357
* 14, 884
r 2, 219
191
382
1,458
102
333
314
126
166
60
149
52
156
389, 502
167, 995
46, 560
9.887
38, 294
52, 774
73 992
851
244
454
1,481
785
773
339
497
1,735
780
847
750
758
312
442
1,565
99
334
336
141
190
64
154
61
187
318, 461
145 944
31 584
8,229
29 886
47 978
54. 840
440
470
fifi 972
803
346
499
••Revised.
i Less than $500,000.
(^Includes loans under the Defense Production Act of 1950.
^Revisions for January-July 1950 are shown in corresponding note in the October 1951 SURVEY.
§Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group, January 1950-January 1951; industrial, 1949.
SUKVEY OF CUKRENT BUSINESS
S-18
March 1953
1952
Unless otherwise stated, statistics througH
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
February
March
April
May
June
1953
July
August
September
October
November
December
555, 235
66, 888
76 978
47, 442
71, 553
292, 374
554, 584
70, 794
67 806
46, 061
68, 809
301, 114
847, 255
89, 441
173 680
66, 567
January
FINANCE—Continued
LIFE INSURANCE—Continued
Life Insurance Association of America:
Premium income (39 cos.), total. --thous. of doL_ 549, 118
Accident and health
___ ... . ..do _ _ . 53, 541
90,144
Annuities
do
Group
do . . 60, 164
63, 880
Industrial
_
_
_do. _ 281, 389
Ordinary
do
540, 742
58, 392
72, 425
47, 211
66, 827
295, 887
647, 575
63, 831
84, 833
52, 941
87, 382
358, 588
520, 597
61, 474
65, 077
46, 677
62, 142
285, 227
583, 172
65, 448
65, 718
46, 683
85, 525
319, 798
617, 890
60, 836
71, 293
46, 790
88, 711
350, 260
23, 297
23, 296
27, 084
2,824
30, 060
66, 202
40, 033
12, 806
5,147
23, 346
19. 266
3,445
40, 051
38, 739
12, 475
5,461
39, 886
13 062
6,403
550, 760
62, 430
86 209
52, 221
56, 801
293, 099
560, 435
65, 307
67, 392
43, 687
79, 894
304, 155
594, 066
66, 237
69 008
47, 491
85, 313
23, 350
23, 344
-32, 620
2,861
5,947
23, 342
—13, 776
1,244
34, 590
39, 673
12, 944
6,498
39, 411
13 408
6,212
40, 114
14 122
6,769
13, 600
6,031
326,017
107,251
410 316
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S
.mil. ofdol Net release from earmark!
thous. of doL_
Exports
-- _. .
-_ do - Imports
do _
Production, reported monthly total
do
Africa
do
Canada
do
United States
do
Silver:
Exports
do
Imports
do
Price at New York
,_-dol. per fine o z _ _
Production:
Canada
thous of fine oz
Mexico
do _
United States
_. ..
do
Money supply:
Currency in circulation
mil of dol
Deposits and currency, total
do
Foreign banks deposits, net
__ _ _ do _
U. S. Government balances
do
Deposits (adjusted) and currency, total do
Demand deposits, adjusted
._ - _ _ . d o
Time deposits
do
Currency outside banks
_
do _
Turn-over of demand deposits except interbank and
U. S. Government, annual rate:
New York City
ratio of debits to deposits-Other leading cities
-do
22, 951
137, 452
13, 223
76, 864
62, 527
38, 741
12,410
4,962
23, 190
23, 290
152, 219 -103,092
17, 805
1,473
168, 129
158, 600
61, 024
63, 285
36, 602
38, 830
12, 343
12, 765
-75,357
-31,394
23, 339
-92, 430
23, 187
23, 337
22, 986
-29, 004 -263, 189 -171,747
1,580
5,587
3,867
1,872
13, 697
1,653
4,848
4,647
1,313
97, 932
63, 319
38, 557
12, 710
4,961
157
6,125
.880
513
6,177
.880
142
8,126
.880
587
4,678
.880
1, 535
4,680
.854
215
5,038
.828
236
5, 733
.829
216
4, 877
.833
382
4,499
.833
411
7,778
.833
258
5,009
.833
1,778
3, 338
3, 766
2,016
2, 605
2,081
5,318
3,854
2,529
4,768
4,043
2,273
3, 199
3,273
1,882
3, 292
1,809
3,858
3,307
2.220
2,921
2,272
1,787
3,107
3,235
1,854
3,976
3,430
9,525
3,682
' 2, 425
3,877
2,998
28, 386
191, 600
2, 100
4, 300
185,200
97, 900
61, 700
25, 600
28, 465
] 91, 500
2,200
5, 900
183, 400
95, 700
62, 000
25, 600
28, 473
192, 300
2,200
7, 100
182,900
94, 800
62, 400
25, 700
28, 464
192, 200
2.200
6, 300
183, 800
95, 100
62, 700
25, 900
28, 767
192,900
2,300
6, 300
184,400
95, 300
63, 000
26, 000
29, 026
194, 960
2,319
7,737
184, 904
94, 754
63, 676
26, 474
28 978
p 197, 200
P 2, 600
•p 8, 900
v 185, 800
r> 95, 700
p 63, 800
T 26, 200
30.1
20.6
32.5
21.4
34.0
22.0
34.4
21.1
34.3
21.3
38. 6
22.2
35.1
20.7
1,580
26, 047
29, 419
29, 293
p 197, 000 p 197, 900
* 2. 600
p 2, 500
" 8, 100
*> 8. 200
v 186, 200 P 187,400
p 96, 400
p 95, 800
v 64, 100
P 64, 500
P 26, 600
p 26, 300
31.4
20.2
2,988
86, 465
5,883
270
4,578
.833
1,318
10, 905
.845
3.863
3,093
3, 362
30. 236
29, 644
P 199, 900 p 202, 700
p 2, 500
P 2, 500
p 8, 600
P 7, 200
v 190, 200 p 191, 600
p 99, 400
P 98. 600
* 64, 900 P 64, 800
* 26, 700 P 27, 400
30, 433
p 203, 800
p 2, 400
P 6, 900
P 194, 500
P 101, 200
p 65, 700
P 27, 500
29, 691
P 202. 000
P 2, 400
T' 6, 300
M 93. 300
P 100, 500
P ftfi. 000
* 26, 800
36.3
22.8
41.9
23.1
36. 2
22.0
34.6
21.5
34.4
21.3
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve):!
Profits after taxes total (200 corps ) mil ofdol
p • ^
y ,' '' -A
-, A Vi>q pnrns \ /j o
TVT
}
f97
"\
815
501
220
81
170
314 I
40
108
129
do
'•*• ^ o> "ie^
1 a i d e i Inm ^ t- i(1 5 poms
^A Ui.o
I ^ •;1 do1\ OIlUUIciDU ^OOCU, lOLdl (y± : C t. |; ^ - / -
Chemicalsandillipd products (26corps ) do
Petroleum refining (14 corps )
do
Dividends totil (200 corps ^
Durable goods (106 corps )
do
do
Electric utilities', profits after taxes (Fed. Res.)}
624
338
29
80
191
287
42
105
111
683
375
102
91
144
308
49
107
114
482
273
210
476
270
206
475
270
205
257
214
207
- --
Railways and telephone cos. (see p. S-23).
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
IV
• 'i 1 t t l
Domestip 'total
fe
do
do
Corporate
do
Mnnirinfll State ptr
do
Foreign
Refunding total
do
do
Corporate
do
Munipinal State etc1
do
Securities and Exchange Commission:}
Estimated gross proceeds total
do
By type of security:
Bonds and notes total
- do
Corporate
do
Common stock
do
Preferred stock
-- do_.
By type of issuer:
Corporate total
- - - - --do
Manufacturing
do
Public utility
-do
Railroad
do
Communication
do . _
Real estate and
financial
do
Noncorporate total
do _
U. S Government
- -do
State and municipal
do
i
1, 220 !
1,139
994
812
38
144
145
81
81
13
63
4
1, 576
1,273 i
1,237 i
704
80
452
36
303
299
40
257
2
1, 584
* 1, 278
1, 109 I
677
56
376
119
306
306
151
144
11 !
1, 409
1, 251
1, 239
587
38
615
11
158
155
3
141
11
1,519
1, 393
1,381
1,137
20
224
12
126
126
50
74
2
810
461
461
202
56
203
0
349
349
153
188
7
962
808
800
363
0
437
9
154
154
72
79
2
1,698
1,649
2,336
2,494
2, 452
6, 441
1,175
1, 339
' 2, 046
' 1, 135
2, 137
1,019
1,425
748 I
161 !
63 1
2, 139
771
135
61
2, 248
870
163
82
2, 255
652
112
84
6, 251
1, 309
157
33
1,095
348
50
29
1,257
381
45
37
'1,869
474
48
83
1,534
314
154
10
' 1, 067
'343
'48
'21
1,896
725
181
59
1.447
351
116
56
605
354
186
17
2
15
1,589
1, 024
565
478
291
112
29
3
13
1,220
967
222
972
373
400
12
6
20
677
515
145
967
353
271
34
48
57
1, 368
722
397
1,116
570
281
120
26
40
1,378
928
396
848
291
355
52
29
7)
1, 603
978
624
1,309
356
256
46
495
69
5, 132
4,898
226
428
135
107
95
22
14
747
544
201
4f>3
'1,156
187
171
12
19
26
876
444
428
'659
'349
15
'27
'60
'890
531
294
'412
'198
'48
27
'49
'54
'724
480
219
966
338
220
58
97
51
1,171
547
389
522
135
249
40
3
65
1,096
611
376
1 232
930
929
541
39
349
1
302
302
10
71
221
855
697
667
346
36
285
30
158
158
74
76
8
2,194
2,063
!
i
i
!
1
1 381
1, 225
1, 157
852
0
305
8
156
156
80
72
4
'979
' 1. 170
-8
r
Revised.
» Preliminary.
* Includes International Bank securities not shown separately.
§ Or increase in earmarked gold (— ).
t Revisions for 1939— 1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 for SEC data will be shown later.
873
629
601
292
130
179
28
244
244
23
172 i
49
SURVEY OF CURRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-19
1953
1952
January
February
March
April
May
June
July
August
September
October
November
December
January
FINANCE—Continued
SECURITIES ISSUED—Continued
Securities and Exchange Commission:}:— Continued
New corporate security issues:
595
Estimated net proceeds, total
mil. of doLProposed uses of proceeds:
559
New money, total
...do__.
487
Plant and equipment
do
72
Working capital
do
23
Retirement of debt and stock, total- .do
8
Funded debt
_
do
15
Other debt
do
0
Preferred stock
do
13
Other purposes
-.. _-do .
Proposed uses by major groups:
349
Manufacturing, total
do .
331
New money
do
11
Retirement of debt and stock. _ do
184
Public utility total
do
177
New money
do
7
Retirement of debt and stock. _ do
17
Railroad total
do
17
New money
-do
0
Retirement of debt and stock
do
2
Communication total
do
2
New money
- - - do
Retirement of debt and stock
do
0)
14
Real estate andfinancial,total .
do
11
New money
_ _ _ _ . . _ _ - d o ._
1
Retirement of debt and stock
do
State and municipal issues (Bond Buyer):
Long-term
thous. of dol.. 574, 694
93, 863
Short-term
_ _ . - do . _ _
469
954
951
1,097
836
1,290
420
456
' 1, 141
'406
955
513
413
278
134
49
35
13
1
7
875
655
221
60
15
45
(0
19
844
613
232
83
9
70
3
24
925
735
189
163
126
38
0
9
747
553
194
84
38
46
0
5
1,234
1. 053
180
48
34
14
0
•8
280
215
65
130
119
5
5
10
386
288
98
63
45
14
3
7
••875
'615
'260
-255
'91
r
161
r 3
'332
'226
' 106
'47
' 31
' 11
'5
'27
859
742
117
58
31
26
1
38
466
379
87
42
18
22
2
5
285
238
43
110
107
3
29
29
0
3
3
0
13
12
(0
366
336
20
393
365
28
12
12
0
6
6
(0
20
15
2
350
329
15
265
256
7
34
34
0
47
45
3
56
55
0
559
502
56
276
256
20
119
41
78
26
26
0
40
34
5
287
255
31
349
331
17
51
16
35
29
29
0
70
68
0
351
329
21
250
248
1
46
46
0
493
493
0
68
41
24
132
89
36
105
102
3
94
10
85
22
22
0
14
9
4
185
131
53
168
165
0
12
12
0
18
18
16
8
'650
'505
'137
r
345
'232
114
15
13
1
26
'26
1
'57
'57
'(')
'196
T
149
27
' 48
'48
0
27
15
12
'49
'47
'1
'53
'44
n
334
263
39
217
215
2
57
42
15
97
96
0)
51
49
1
132
115
15
246
240
6
39
26
14
3
3
0
64
62
1
303, 614
156,037
150, 618
200, 194
456, 005
172, 674
406, 484
232, 726
637, 232
120, 022
245, 344
266, 630
211, 533
232, 288
473, 750
96,518
309, 105
161, 739
229, 897
24, 376
' 403, 043
' 292, 085
376, 029
290, 057
248
338
220
304
191
286
219
364
198
286
229
378
233
461
233
349
210
250
257
229
226
265
288
291
230
254
1,289
809
633
1,280
790
652
1, 293
756
734
1,315
756
818
1,312
725
847
365
1,327
708
912
1,387
692
1, 126
1, 338
675
926
1, 333
692
891
1, 316
692
860
1,347
706
878
343
1, 362
724
920
1,345
732
907
98.01
98. 49
73.48
97.83
98.30
73.39
98. 26
98. 75
73. 07
98.87
99. 36
73. 75
98. 82
99. 31
73.70
98.61
99.10
73. 69
98.43
98.88
75.52
98.14
98. 57
76.12
97.46
97. 87
76.11
98. 05
98.50
75.32
98.19
98. 62
75.97
97. 81
98. 25
75.84
97. 66
98.09
75.50
115.6
130.8
96. 27
116.5
132.1
96.77
115.9
131.4
96. 87
116.2
132.7
2 97. 95
116.3
131.9
98.91
116. 1
130.9
98.32
116.0
130. 4
98. 40
115.8
128.6
97. 09
115.7
126.6
96. 86
114.7
125. 0
96. 44
115. 2
125.4
96. 96
115. 3
125. 3
96. 37
114. 5
124.0
95.77
63, 229
75, 892
51,332
61, 626
51,113
59, 745
59, 014
71, 124
61,104
72, 093
52, 964
62, 057
51, 585
5S, 329
100, 320
101, 867
56, 237
61,325
76, 955
85, 250
73, 183
83, 953
94, 402
105, 865
75, 146
85, 722
60, 802
72, 524
49, 298
58, 610
49, 640
57, 821
57, 456
67, 299
59, 632
69, 663
51,432
59, 968
50, 210
56, 686
98, 416
99, 742
54,113
58, 855
74, 892
82, 455
71, 599
81, 988
92, 009
102, 843
73, 014
82, 187
66, 971
68
66, 903
'59,390
r
7,398
49, 109
0
49, 109
42, 912
6,174
58, 123
30
58, 093
52, 190
5, 858
61.624
0
61,624
55, 621
5,918
59, 323
0
59, 323
53, 321
5, 933
62, 055
0
62, 055
55, 580
6, 410
62, 242
0
62, 242
55, 573
6, 544
59, 136
0
59, 136
52, 793
6,269
61,127
0
61, 127
53, 624
7,395
69, 082
25
69, 057
61,194
7,777
78, 042
26
78,016
71, 608
6,341
86, 042
45
85, 997
79, 101
6, 819
80, 397
0
80. 397
73,417
6,912
96, 269
94, 537
1, 349
98, 221
95, 985
1,836
96, 158
94, 431
1,344
98, 292
96, 060
1,832
96, 699
94, 978
1,338
98,415
96, 183
1,831
97, 355
95, 625
1,347
98, 466
96, 239
1,827
97,311
95, 583
1,345
98, 474
96, 249
1, 825
95, 964
94, 238
1,343
97,315
95, 092
1,823
100, 273
98, 401
1,439
101,871
99, 516
1,905
100, 537
98, 656
1,448
102, 444
100, 091
1,902
99. 712
97, 838
1,447
102,315
99, 963
1,902
100. 349
98, 494
1,430
102, 341
99, 993
1, 898
100, 551
98,621
1,440
102, 405
99, 999
1,896
100, 256
98, 276
1,492
102, 502
100, 025
1, 967
100, 116
98, 200
1.428
102, 510
100, 109
1,891
3.24
3.18
3.19
3.16
3.16
3.17
3.17
3.18
3.19
3.22
3.20
3.19
3.22
2.98
3.05
3.32
3.59
2.93
3.01
3.25
3.53
2.96
3.03
3.24
3.51
2.93
3.01
3.20
3.50
2. 93
3.00
3.20
3.49
2.94
3.03
3.20
3.50
2.95
3.04
3.19
3.50
2.94
3. 06
3.21
3.51
2.95
3.07
3.22
3.52
3.01
3.08
3.24
3.54
2.98
3.06
3.24
3.53
2.97
3. 05
3.22
3.51
3.02
3.09
3.25
3.51
3.00
3.23
3.48
2.97
3.19
3.38
2.99
3.21
3.36
2.97
3.19
3.32
2.97
3.19
3.31
2.98
3.20
3.32
2.99
3.20
3.33
3.00
3.20
3.34
3.02
3.20
3.36
3.05
3.22
3.39
3.05
3.19
3.37
3.04
3. 19
3.34
3.07
3.23
3.36
2.08
2.10
2.74
2.07
2.04
2.71
2.05
2.07
2.70
2.03
2.01
22.64
2.10
2.05
2.57
2.15
2.10
2.61
2.15
2.12
2.61
2.28
2.22
2.70
2.34
2.33
2.71
2.38
2.42
2.74
2.37
2.40
2.71
2.38
2.40
2.75
2.46
2.47
2.80
0)
25
n
COMMODITY MARKETS
Volume of trading in grain futures:
Corn
_ _ mil. of bu__
Wheat
do
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Customers' debit balances (net)
Customers' free credit balances
Monev borrowed
- -
do
do
do
Bonds
Prices:
Average price of all listed bonds (N. Y. S- E.),
total §
dollars
Do Tries tic
do
Foreign
do.
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al+issues):
Composite (17*bonds)
dol. per $100 bond.,
Domestic municipal (15 bonds)
do
U. S Treasury bonds, taxable.-,
_ do ...
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol
Face value
do
Now York Stock Exchange:
IVTarket value
do
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, total§
thous. of dol..
II. S. Government
do
Other than U. S. Government, total §
do
Domestic
._
. . _.
_do__ _
Foreign
_
do
Value, issues listed on N. Y. S. E.:
Market value, total, all issues§
mil. of dol_.
Domestic
do
Foreign
- do
Face value total all issues §
do
Foreign
_ __
do
Yields:
Domestic corporate (Moody's)
percent. _
By ratings:
Aaa
do
Aa
--.
do
A
_-do
Baa
do _ .
By groups:
Industrial
_ - _ _.do _
Public utility
do
Railroad
do
Domestic municipal:
Bond Buyer (20 bonds)
_ _ _ _ _ . do
Standard and Poor's Corp. (15 bonds)... do
U. S. Treasnrv bonds, taxable _.
do
r
2
Revised.
* Less than $500,000.
Beginning April 1, 1952, series based on taxable bonds due or callable in 12 years and over; prior thereto, 15 years and over.
^Revisions for January-March 1951 will be shown later.
§Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of
all listed bonds.
SURVEY OF CUREENT BUSINESS
S-20
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments publicly reported:!
Total dividend payments
mil. of doLFinance
_
-do_ Manufacturing
do
Mining
_ __
_ do ._
Public utilities:
Communications
do
Heat, light, and power
do
Railroad
_
_
-do
Trade
do
Miscellaneous
_
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody 's):
Dividends per share, annual rate (200 stocks)
dollars .Industrial (125 stocks)
do
Public utility (24 stocks)
_..
do
Railroad (25 stocks)
_ __. do__ _
Bank (15 stocks)
do
Insurance (10 stocks)
._
_ . _ --do
505.7
107.4
169.6
4.7
181.4
42.3
64.4
2.3
1, 202. 1
75.9
813. 5
97.6
533. 5
93.0
195. 2
8.2
233.5
44.8
117.7
3.4
1, 176. 4
79.8
754.0
97.6
541.7
127.0
198.5
6.8
230. 8
50.3
106.1
3.3
1, 158 3
77. 7
754 9
95.0
522 7
99.0
201 9
8.1
248
63
113
2
7
0
5
1
1 742 3
193 5
1 038 1
154 4
548 1
125 6
170 5
50
83.4
53.2
17.8
56.8
12.8
.7
46.3
7.1
15.0
3.3
25.5
74.2
51.6
39.8
24.0
89.8
57.6
24.1
53.9
11.7
.8
48.6
3.3
10.4
4.5
42.4
76.2
55.8
45.6
25.0
88.9
55.9
12.4
38.7
13.5
.8
49.1
6.4
10.4
4.4
42 0
75 7
42.4
47 1
23.5
88 9
56 8
14 9
40 5
12.6
51
2
8
6
q
5
9
0
8
47
95
88
79
45
8
0
4
4
7
95 7
64 3
18 2
57 0
11 8
3.92
4.18
1.90
2.55
2.64
2.84
3.92
4.18
1.89
2.64
2.64
2.84
3.92
4.19
1.91
2.65
2.60
2.84
3.94
4.21
1.91
2.65
2.60
2.84
3.95
4.22
1.91
2.67
2.63
2.84
3.96
4.22
1.91
2.69
2.64
2.88
3.96
4.22
1.91
2.69
2.64
2.88
3.96
4.22
1.92
2.71
2.64
2.87
3.95
4 20
1.92
2.81
2 68
2.87
3.95
4 18
1 92
2. 85
2 68
2.88
3.93
4 17
1 92
2 87
2 66
2 98
3.93
4 16
1 92
2 87
2 75
2.98
3.95
4 16
1 93
2 88
2 84
2 99
70.90
75.09
34.42
42. 26
68.39
72.00
34.41
41. 59
71. 35
75. 63
34.73
45.28
68. 29
71. 73
33.97
43. 80
69.96
73. 59
34.57
45.49
72.61
77.01
34.65
47.68
73.47
78.01
35.09
47 97
72. 57
76.52
36.15
47 70
71.09
74. 58
36. 34
46 57
71.02
74 35
36.25
46 43
74.42
78 20
37 36
49 74
76.66
80 89
37 85
51 66
76.69
80 37
38.40
59 19
5.53
Yield (200 stocks)
_
._. percent
5.57
Industrial (125 stocks)
do
5.52
Public utility (24 stocks)
do
6.03
Railroad (25 stocks)
do
4.41
Bank (15 stocks)
-_. do
3.38
Insurance (10 stocks) _ , _ _
_ _ __.do-..
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 11 high-grade
4.26
(Standard and Poor's Corp.)
percent-Prices:
99.39
Dow-Jones & Co., Inc. (65 stocks) _dol. per share-Industrial (30 stocks)
_do__ . 271. 71
48.61
Public utilitv (15 stocks)
do
84.81
Railroad (20 stocks)
do .
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
Combined index (480 stocks) . _ . 1935-39= 100. . 186.9
204.3
Industrial, total (420 stocks") _
do
192.4
Capital goods (129 stocks)
do
169.2
Consumers' goods (195 stocks)
do
117.0
Public utility (40 stocks)
do
155.4
Railroad (20 stocks)
_
_do
115.4
Banks N Y C (16 stocks)
do
197.6
Fire and marine insurance (17 stocks)
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
1,922
Market value
mil. of dol
71,188
Shares sold
thousands—
On New York Stock Exchange:
1,618
Market value
mil. of dol—
49, 431
Shares sold
thousands. _
Exclusive of odd lot and stopped sales
37, 141
(N. Y. Times)
thousands..
Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol— 111,580
2,627
Number of shares listed
millions
5.73
5.81
5.49
6.35
4.50
3.41
5.49
5.54
5.50
5.85
4.41
3.37
5.77
5.87
5.62
6.05
4.58
3.41
5.65
5.73
5.53
5.87
4.57
3.30
5. 45
5.48
5.51
5.64
4.56
3.18
5.39
5.41
5.44
5.61
4.52
3.21
5.46
5.51
5.31
5.68
4.39
3.15
5.56
5 63
5.28
6 03
4.23
3. 18
5.56
5 62
5.30
6 14
4.29
3.15
5 28
5 33
5 14
5 77
4 19
3.10
5 13
5 14
5 07
5 56
4 18
2.99
5 15
5 18
5 03
5 52
4 29
3.07
Price per share, end of month (200 stocks) _ _ d o
Industrial (125 stocks)
do
Public utility (24 stocks) __ _ _
...do. _
Railroad (25 stocks)
do
T
6.68
2.47
5.50
r
6.50
2.49
5 77
6 50
2 61
P 2 60
r H 71
r 7 gg
4.22
4.16
4.07
4.04
4.04
4.09
4.12
4.12
4.16
4.12
4.11
4.16
98.31
265. 19
48.87
85. 05
100. 02
264. 48
49.80
89.55
100. 24
262. 55
49.13
92.19
100. 87
261.61
49.29
94.61
104. 26
268. 39
49.81
100. 30
106. 25
276. 04
49.86
101.85
107. 10
276. 70
50.75
102. 95
105. 29
272. 40
50.30
100. 43
103. 92
267. 77
49 59
99.83
107. 25
276. 37
51 04
103. 19
111.67
285. 95
52 06
109 85
112.25
288. 44
52 20
109. 99
183.2
199.2
184.7
165.9
117.5
155.0
114.5
196.9
185.3
201.4
184.4
167.2
117.7
161.3
113.3
199.6
183.7
199.4
180.7
166.3
116.7
164.6
110.9
198.4
183.7
199.2
181.7
166.1
117.1
166.9
111.1
203.7
187.6
203.9
186.9
168.8
116.2
173.7
111.6
211.7
192.1
209.7
192.7
173.5
116.9
175. 2
112.8
215.4
191.1
207.8
191.4
174.8
118.6
175.3
114.7
215.4
188.2
204.2
187.6
172.8
118.5
171.1
117.6
214.5
183.4
198.4
182.6
169.5
117.4
166.9
120.1
215. 2
189.8
205. 5
190.2
175.7
120.9
172.4
121.5
223.1
197.0
213.7
198.5
183.2
123.3
184.6
125 1
230.5
197. 6
214.3
200.4
184.7
124.0
185.2
128 3
231.0
1,598
62, 651
1,451
64, 450
1,647
66, 676
1,262
59, 431
1,285
56, 845
1,317
61, 433
1,154
41, 576
1,198
48, 989
1,316
62, 389
1,331
56, 903
1,906
78. 990
1, 661
74, 299
1,351
42, 296
1,219
43, 464
1,373
41,601
1,077
43, 060
1,098
42, 325
1,122
45, 916
978
29, 433
1,012
35, 165
1,121
47, 653
1,145
43, 340
1,647
57, 885
1,417
55, 897
27, 195
29, 513
28, 963
23, 586
25, 516
24, 115
20, 905
24, 135
25, 981
30, 239
40, 516
34, 087
108, 471
2,634
113, 099
2,644
107, 848
2,661
110,690
2,691
114, 489
2,706
115, 825
2,728
114, 506
2,736
112, 633
2,769
112, 152
2,773
117,363
2,777
120, 536
2 788
120, 483
2 802
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
Exports of goods and services total
Merchandise adjusted
Income on investments abroad
Other services
r
mil of dol
do
do
do
Imports of good*3 and services total
Merchandise adjusted
Other services
Balance on goods and services
Unilateral transfers (net) total
Private
Government
r
do
do
do
do
do
do
do
r
r
r
422
••748
5 322
4,088
454
r
780
3 867
2,962
89
r
816
3 867
2,844
109
914
r
r
5, 347
r 4, 177
r
+1 480
r
-953
-96
r
—857
r
+1, 455
r
—1,333
—94
—1 239
r
4 604
3,r 436
461
r
707
5 428
4 158
3 911
2 689
99
1 123
4 083
3? 024
+693
+1 345
r _1 288
— 1 469
— 122
— 1 347
r
r
r
r
—103
—1 185
574
696
124
935
U S long- and short-term capital (net) total do
Private
do
Government
do
— 375
-235
-140
—729
—519
—210
r
—192
r
+7
-199
— 54
— 149
Foreign long- and short-term capital (net)
+173
+508
r +758
+121
—555
—104
+7
+274
do
Increase (— ) or decrease (+) in U. S. gold stock
mil of dol
r
Errors and omissions
do
+230
+203
r
Revised.
*> Preliminary.
JRevisions for dividend payments for January-March 1951 will be shown later.
§Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
r
r+22
+95
-217
SUKVEY OF CUREENT BUSINESS
March 1053
m
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-21
1953
1952
January
Febru-
ary
March
April
May
June
July
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of IT. S. merchandise:
Quantity
Value
TJnit value
Imports for consumption:
Quantity
Value
TJnit value
Agricultural products, Quantity:
Exports, domestic, total:
Un ad justed
Adjusted
Total, excluding cotton:
Unadjusted
Adjusted
Imports for consumption:
Unadjusted
Adjusted
r
264
'546
207
'284
'588
207
'265
'550
208
149
446
300
147
440
298
157
474
302
129
123
125
151
do
do
157
163
do
do
1936-38—100
do do
' 288
'598
208
231
'474
205
'202
'416
206
'217
r 441
203
' 243
' 498
205
'243
'494
203
' 239
'483
202
280
566
203
154
456
296
142
411
290
145
418
289
'144
'409
284
140
398
283
151
430
284
169
471
279
138
388
280
180
498
277
121
143
95
120
104
129
81
110
56
75
65
73
77
62
93
70
88
70
110
92
164
207
178
213
139
169
159
181
121
148
102
130
112
112
117
93
142
113
125
109
151
13S
121
116
120
118
122
110
118
112
104
106
107
116
101
113
108
117
111
116
116
119
90
92
128
126
8,473
7,705
7, 346
6, 894
8,207
7,338
8,211
7,673
9, 463
8,061
8,450
8,109
6,970
7, 688
7, 769
7, 580
' 1, 167
' 1, 027
' 1, 086
' 1, 225
' 1, 213
' 1, 186
' 1, 390
' 44, 226 ' 34., 649
185,369
147,256
250, 924
175,570
249, 260
210,826
137,834
1 39, 068
139,113
131,629
' 39, 291
150,509
202,129
220, 327
127,060
136, 400
r 44, 841
' 147, 461
'223,613
' 245, 657
' 123, 826
' 133,467
' 43, 837
171,204
245,180
256, 042
144,150
133,760
' 37, 328
159,489
'246,105
' 244, 723
'132,057
'127,770
39, 067
204, 719
307, 509
227, 773
144, 151
136, 712
5, 563
14,291
6, 742
15,085
'12,313
' 14, 703
4, 556
' 13, 506
2, 563
16, 871
9, 970
2, 436
0
14, 079
51,195
13,009
23, 988
17, 271
2, 852
0
29, 825
52, 849
11,812
27, 960
' 26, 555
' 33, 556
' 23, 480
2
' 45, 330
40, 723
40, 545
40, 355
1
62, 098
247
509
206
do
do
do
1924-29 — 100
do
Shipping Weight
Water-borne trade:
Exports incl reexports^
General imports
thous of Ions: ton?
do
7, 421
' 8, 342
7, 025
8,875
Value
Exports, including reexports, total 1
mil. of doL.
By geographic regions:
Africa
_
thous. of dol .
Asia and OceaniaA
_ _
do
Europe A
do
Northern North America
_
_ . do
Southern North America
do
South America
do
Total exports bv leading countries:
Africa:
Eevpt
do
Union of South Africa
do
Asia and Oceania:
'\usfralia including New Guinea
do
British Malaya
do
Chin '10
do
India and Pakistan
do
Japan
do
Indonesia
do
Republic of the Philippines
do
Europe:
Franco
do
Germany
do
Italy
do
Union of Soviet Socialist Republics
do
United "Kingdom
do
North and South America:
Canada
do _
Latin-American Republics total
do
Argentina
do
Brazil
do
Chile
do
Colombia
do
Cuba
do
Mexico
do
Venezuela
do
Exports of U. S. merchandise, totalf--_mil. of doLBy economic classes:
Crude materials
thous. of doL.
Crude foodstuffs
_
do
Manufactured foodstuffs and beverages do
Semimanufactures 9
do
Finished manufactures 9
do
By principal commodities:
Agricultural products total
do
Cotton unmanufactured __ . _
_ _ do
Fruits, vegetables, and preparations
do
Grains and preparations
_ _ d o ._
Packing-house products
do
Tobacco and manufactures*
do
Nonagricultural products, total
_._
Automobiles parts and accessories §d71
71
Chemicals and related productsd
Coal and related fuels*
Iron and steel-mill products
f
1, 254
r
' 55, 554
r
260, 203
' 341, 659
••203,745
r
l 51, 972
>• 188, 354
7,718
' 22, 271
5,757
17, 524
19,368
3, 884
0
69, 625
44, 693
10, 343
23, 045
17, 352
4,002
0
r 80, 793
51,988
11,800
25, 543
41,079
63,151
41,611
5
' 79, 126
r
1, 344
48, 4 50
228, 697
386, 600
192,480
136,401
152,917
1,447
r
71 , 782
'• 238, 776
'374,180
r
227, 354
-159,084
r
200, 408
7, 521
' 29, 058
'21,009
3, 792
0
66, 817
51,065
12,455
'25,165
29, 283
' 47, 228 r
' 41, 9S7
2
r 76, 424
'
r
1,352
' 58, 61 6
220, 942
273, 529
242,231
147, 368
176, 351
10.320
20, 825
17,362
3,215
0
' 47, 463
'64,019
9, 971
'21,313
43, 1 42 ' 34, 445
'22,132
40, 801
37, 398
48, 385
2
0)
87, 896 ' 57, 743
'1.473
' 50, 783
227, 741
314,680
264, 980
157,528
174,722
5,015
' 19, 531
14, 430
3, 240
0
37, 951
'78,199
1 0, 046
'21,723
' 242, 223 ' 264, 923
' 306, 388 ' 314, 672
13,211
13, 398
' 65, 885 ' 57, 886
'12,212
11,083
'18,352
'21,223
' 44, 004 '43,816
' 58, 973 '66,K>4
44, 537
' 45, 099
'1,458
'1,342
' 255, 511 ' 228, 035 188,038
' 128, 651 ' 133, 461 '177,190
74, ] 09
64, 346
60, 466
r
137,131 ' 139, 355 r 160, 104
r 659, 629 r 756, 478 ' 844, 001
'157,666
' 138, 352
' 56, 433
'161,775
' 827, 554
' 377, 753 ' 381, 774 ' 373, 055 ' 296, 785
132, 039
94, 195
' 73, 839
148, 899
19,383
18, 261
19, 473
20, 141
' 130, 813 ' 149, 805 ' 184, 325 '145,533
26, 936
16,303
23, 498
27, 048
21,324
14, 644
23, 684
25, 886
«• 4, 484
17,738
'157,360
•-151,310
68, 541
' 154,154
' 926, 419
3, 564
13, 175
'11, 609 '10,141
1,714
3, 129
0
0
29,040
' 18, 130
' 55, 992
34, 138
' 9, 280
12, 756
25, 780
23, 020
' 36, 596 ' 27, 974
'31,159
' 27, 903
' 49, 469 ' 49, 524
3
0)
' 54, 701 '41,793
r 192, 479 r 203, 745 ' 227, 335
r 274, 449 ' 323, 878 r 343, 585
14,143
15,138
14, 750
' 75, 220 '74,819
57, 904
12, 094
15,125
10, 460
15,722
20, 957
20, 843
T
r
49, 51 2
48, 633
39, 866
r
56, 992
' 65, 631
55, 806
' 47, 167
' 33, 636 r r43, 362
1,331
' 1, 434
rl,241
r 1 6, 255
' 7, 883 12, 222
' 2 862
2,171
2, 900
0
0
0
'13,650
14,646
13,914
'42,514
' 40 219 ' 54 697
9, 984
'10,960
9, 964
21 517
' 22, 330 21 383
'17,052
'20,156
'19,318
' 19, 474 '
' 36, 644 '
' 17,900 '
0)
0)
' 32, 800 ' 33, 914
21, 876
33, 714
18 654
(i)
50, 950
' 26 941
'47,184
' 23 781
4
' 52, 758
' 249, 010
' 259, 478
9, 1 56
' 42, 386
8,287
17, 904
' 40. 970
' 56, 934
42, 148
'1,155
' 210, 764
253, 7«2
7. 730
40, 082
8,171
18,172
' 44, 987
' 52, 466
38, 451
'1,014
' 220, 256
' 248, 853
1 6, 561
' 35, 831
8, 054
20, 582
36, 946
' 49, 407
35, 387
' 1, 074
' 245, 647
' 242, 785
13, 761
' 29, 758
10,412
17,637
' 39, 606
' 46. 275
' 41. 786
'1,215
' 142, 954
' 103, 228
' 58, 695
' 129,702
' 720, 123
' 87, 067
' 73, 093
' 59, 306
' 108,165
' 686, 344
' 114, 752
'79,811
' 49, 214
'116,407
' 714, 060
' 146, 917 ' 154, 670 '168,049 '180,358
'80,212
' 97, 038 89, 325
116.300
58, 850
50, 460 '61,606
65, 1 96
' 124, 355 ' 133 436 '123,189
135 152
' 813, 052 ' 758, 113 ' 736, 990 883, 399
' 316, 630 ' 244, 259 '170,107
' 67, 967
55, 740
10,287
' 22 237 ' 24, 868 ' 20, 563
' 165' 204 ' 108, 442 ' 85, 396
' 14, 658 12,144
13,414
21, 879
20, 087
21, 070
' 186, 682 ' 220, 983
21,048
50, 569
' 19, 040 16,818
' 82, 570 ' 90, 291
' 14, 330 10,706
28, 160
35, 629
' 256 027 ' 244, 723
'261,216 ' 244, 019
' 10, 023
11,241
' 28, 926 25,010
10,083
1 0, 1 69
20, 462
' 1 9, 004
' 45, 828 41,127
' 52, 51 0 '51,213
41,570
43, 536
' 1, 176
'1,205
'264,622 '271,226
67, 142
'61,290
'21,026
21,924
98, 036
' 108, 755
13, 022
13, 345
30,816
31,980
227, 771
264, 844
8, 198
30, 439
13, 939
19,441
40, 428
54, 057
43,165
1,380
1, 275
1, 264
323, 083
90, 505
22, 444
132, 589
13,419
29, 264
' 863, 635 rr 949, 664 '1r ,060,624 '1,044,994 '1,141,155 ' 910, 444 ' 843, 868 ' 887, 563 ' 994, 013 ' 940, 240 '905,177 1 , 057, 322
do
101,244
' 89, 359 ' 69 779 ' 55, 951 ' 67 742 70 412
* 78, 254
109, 793 ' 105,152 '104,340
64, 750
71 577
do
' 69, 919 ' 65, 244
78, 664 . 80,859
68, 266
76, 200
60, 313
' 62, 630 60, 728 '61,577
58, 203
59, 419
do__ _
48,512
44,
868
'
48,
343
45,
331
43,
128
'
38,
471
44,
549
41,334
35,154
58,
747
35,
400
26,
009
do
r
r
62, 132
' 74, 940 ' 50, 776 29, 866
' 78, 384 '71,774
62, 807
59, 779
' 55, 805 ' 66, 321
41,410
67, 719
do
' 214, 868
Machinery, total §cf
do
10, 818
Agricultural
do
27, 251
Tractors, parts, and accessories! _ _ do ___
42, 731
Electrical §d"
do
19,764
Metalworking
_
_ do__
' 104, 532
Other industrialcf
_-do
Petroleum and products
Textiles and manufactures
r
do
do
65, 018
56, 162
' 243, 696 ' 264, 764 ' 239, 229 ' 265, 825 ' 231, 659
12, 332
14, 543
13, 872
15, 728
13,927
' 29, 749 ' 34, 714 30, 698
34,118
27, 689
r 52, 720
' 53, 765 51,155
' 56, 930 '51,732
23, 302
20, 605
r 20, 268 r ' 23, 622 '21,386
r
116, 531 126, 564 ' 112, 138 ' 126, 559 ' 107, 088
64, 207
59, 900
70, 896
69, 591
' 74, 324
63,018
' 70, 321
' 57, 330 ' 53, 939 ' 48, 057
'215,511
13,394
' 20, 628
' 50, 666
'20,115
' 102, 110
' 207, 567
13,102
15,741
' 50, 900
' 20, 397
' 99, 949
71, 352
42, 697
64, 260
50, 822
' 197, 881 ' 214, 080 ' 193, 992 218,479
8,003
7,389
8,201
9,442
' 14, 531 18,715
15, 257
20, 340
' 48, 804 '48,637 '47,153
54, 724
24, 906
'21,748
21,126
24, 248
' 95, 578 ' 103, 664 ' 93, 412 100,384
' 60, 483 ' 59, 131
' 50, 622 ' 58, 780
63, 073
55, 498
73, 825
55, 811
'Revised. * Less than $500. tTotal exports and various component items include shipments under the Mutual Security Program as follows (mil. dol.): January 1952-January 1953,
respectively—65.0; 83.9; 116.7; 167.4; 235.8; 113.4; 136.8; 170.3; 247.6; 173.1; 195.0; 275.8; 268.1. Beginning July 1950, certain items classed as "special category" exports, although included in
total exports, are excluded from water-borne trade and from area and country data.
ABeginning 1952, Turkey is included with Europe; previously, with Asia.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
©Including Manchuria beginning January 1952.
*New series. Data prior to August 1951 will be shown later.
§Excludes "special category" exports not shown separately for security reasons.
cf Data beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.
SUEVEY OF CUKRENT BUSINESS
S-22
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 195.3
1952
February
January
March
April
1953
June
May
July
August
September
October
November
December
January
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES— Continued
FOREIGN TRADE— Continued
Value—Continued
thous. of dol.. r 922, 416
General imports, total
By geographic regions:
Africa
Asia and Oceania A
do
do
FnropeA
do
Northern North America
do
Southern North America
do
South America.. _ _
_ __ ..do
By leading countries:
Africa:
Egypt
do
Union of South Africa
do
Asia and Oceania:
Australia, including New Guinea
do
British IVTalaya
do
ChinaO
do
India and Pakistan
do
Japan
do
Indonesia
do
Republic of the Philippines
do
Europe:
France
do
Germany
do
Italy
do
Union of Soviet Socialist Republics
do
United Kingdom
do
North and South America:
Canada
do
Latin- American Republics total
do
Argentina
do
Brazil
do
Chile
do
Colombia
do
Cuba
do
Mexico ._ . _ _ . _ _
_ ._ do
Venezuela
do
Imports for consumption, total
.. __ . do
By economic classes:
Crude materials
do
Crude foodstuffs
do
Manufactured foodstuffs and beverages. _ _ d o
Semimanufactures
do
Finished manufactures
do
By principal commodities:
Agricultural products, total
do
Cocoa or cacao beans, incl. shells*
do
Coffee ...
do
Hides and skins.-.
do
Rubber, crude, including guayule
do
Sugar
_
do
Wool and mohair, unmanufactured
do
Nonagricultural products total
do
Furs and manufactures
do
Nonferrous ores, metals, and manufactures,
total
thous. of doL
Copper, incl. ore and manufactures.. do
Paper base stocks
Newsprint
Petroleum and products
do
do
do
r
892, 690
r 964, 244 r 932, 249
68, 408 ' 68, 581
111, 797 r 182, 861 r
r 176, 257 ' 153, 693 r<•
r
177, 268
186, 972
r
127, 602 «• 132, 101 r
190, 380 r 178, 187 r
r
8.518
38, 434
4,902
' 22, 545
17, 466
29, 704
14, 626
r
r
r
r
r
20, 367
17, 682
11, 242
1, 150
39, 017
186, 971
294, 232
8,294
69, 839
22, 246
42,011
30, 577
41, 284
34, 098
915, 078
r
r
r
437, 352
19, 274
134, 547
5, 493
80, 393
25, 749
37, 906
477, 726
6, 571
2,973
8,994
12. 293
65, 277
4,911
r 22, 892
18! 540
21,921
r
21, 600
r
r
r
r
r
r
r
' 8, 121
15, 876
27, 588
2,336
T 25, 336
16, 064
r
23, 658
22, 348
10, 459
' 32, 867
1,663
T
21, 187
16, 984
r
29, 087
26, 801
r
rr 13, 997
14, 992
12. 371
2,220
r
47, 105
13, 994
16, 445
* 12, 596
3, 139
r
39, 963
766
2,367
7,817
r
21,916
42, 200
3, 699
27, 422
14, 948
28. 098
16. 624
r
r
r
r
r
r
11, 202
15, 937
10, 682
805
43, 422
r
13, 141
15, 661
12, 521
1,611
* 38, 260
r
r
r
r
r
300, 590 292, 479 r 231, 537 r 242, 925
"• 194, 082 ' 172,712 r' 135, 842 r149, 603
106, 028
94, 664
«• 93, 378 r 91,061
r
215, 548 r 206, 663 'r 203. 244 rr 200, 828
r
172. 561
170, 288
166, 293
168, 791
r
918, 279
803, 849 '1,051,064
r 35, 015
165, 566
190, 603
219, 112
86, 031
221, 746
35, 596
124, 157
175, 506
201, 716
83, 799
183, 074
56, 763
185, 176
199, 816
229, 070
134, 790
245, 449
423
8,287
323
6,858
1,851
7,414
7,739
6,979
10, 814
21,013
1,424
25, 296
19, 001
19, 227
26, 019
8,771
23, 100
1,099
26, 374
17, 985
24, 676
23, 484
9,302
21,632
590
24, 231
23, 629
18, 914
19, 024
' 8, 137
19,941
1,341
24, 912
r
24, 631
22, 755
18, 873
6,685
20, 328
518
19, 926
20, 924
13, 682
13, 828
24, 633
30, 928
256
27, 543
24, 666
21, 299
15, 451
12, 569
23, 810
14, 128
982
38, 609
14, 259
22, 743
16, 591
559
42, 722
r
12, 725
16, 954
12, 702
T
1, 535
40, 374
r
r
r
11, 765
r 15, 493
19, 133
23, 001
10, 988
17, 251
1,617
' 1, 376
' 42, 975
46, 041
12, 485
16, 668
12, 557
1,211
35, 789
r
183,017
278, 496
11, 428
r 63, 125
r
209, 864
«• 144, 514
97, 640
r
201, 947
' 161, 652
r
205, 860 r 268, 704
177, 241
162, 006
r
102, 314
89, 410
' 220, 850 ' 243, 723
r
175, 801
202, 268
181,
152,
74,
208,
178,
802
094
815
081
701
246, 866
229, 704
79, 974
274, 209
190, 696
r
r
371,240
2,897
109, 590
r
4, 852
32,613
19, 528
63, 073
594, 870
7, 035
290, 160
8,653
94, 992
3,728
27, 077
13, 708
16,719
505, 333
2,611
410, 680
24, 650
149, 133
5, 437
41,921
17, 924
27, 549
610, 770
8,585
122, 912
41, 848
30. 693
27, 071
51,003
r
64, 479
103, 248
40, 714
20, 980
27, 323
47, 937
53, 979
143,311
49, 819
26, 806
29, 639
53,604
71, 782
35, 566
36, 213
2
55, 643
12, 475
13, 720
15,826
5, 201
5,731
5, 225
2,128
2,140
2,183
1,142,731 1,121,868 1,119,674
34,211
439, 280 ' 436, 368 ' 408. 324 r 353, 248 ' 344, 846 r 329, 783
21, 291
22, 303
17,900
10, 161
17,071
20, 992
76, 128
82, 679
95, 442
153,943 ' 138, 122 Ml 5, 585
6, 223
6, 532
5, 832
4, 496
4, 026
4. 238
r
49, 046
52, 132
33, 445
75, 927
73, 821 r 80, 730
43, 653
43, 698
41,832
50, 893
43, 724
29, 394
' 23, 341 \
37, 711
31,579
27, 645
33, 850
33, 648
695 r 513, 463 i r 508, 391
152 - 489,
462, 239 r 536. 021 r 527,
r
r
r
r
7,
239
6, 498
7, 753
7, 196
6, 352
< 8, 100
r
r
2, 460
7,777
214, 846
149, 360
r 97, 221
r
201, 314
r
175, 433
' 65, 575 r 76, 071
22, 774
28, 625
5, 244
2 552
31, 727
33, 477
43,
246
42, 230
' 60, 417 ' .53, 709
r
7,548
8,275
r
210, 555 r
195, 499 ' 189, 940 195,516
292, 996 r 289, 749 r 257, 193 r r238, 633 r
9, 208
12, 473
10, 900
9, 945
74, 507 'r 66, 861 ' 49, 593 49, 431
14, 659 ' 15, 946 13, 102
20. 292
21, 697
24, 246
28, 329 r 28, 071
47, 524
57, 131
41, 927
' 40, 458
r
39, 672 rr 37, 616 rr 32, 838 r 31, 363
32, 930
32, 131
34, 661
31,027
r
972, 389 r 935, 476 r 842, 944 r 858, 308 r
r
' 877, 288
53, 604 ' 47, 189 ' 35, 252 30, 281
179, 510 r 158, 033 ' 160, 494
150, 032
162, 012 r 157, 379 r 148, 151 r 170, 630
211, 100 r 191. 537 ' 183, 483 '206, 672
107, 618 r 99, 869 ' 90, 059 85, 695
146, 999 r 185, 077 * 199, 577 r 233, 978
379
985
267
518
057
288
190, 889
269, 548
15,112
49, 606
22, 828
33, 526
36, 722
25, 755
32, 731
838, 175
177,265
288, 878
7,309
80, 426
13, 502
33. 950
r
33, 099
36, 177
r
30,
344
r
901, 518
r
43,
168,
149,
195,
129,
148,
' 817, 016
r
r
r
r
r
' 55, 851
202, 967
174, 753
190, 051
135, 949
* 172, 678
r
15, 005
16,009
13, 019
506
31, 154
' 834, 495 ' 860, 844 ' 839, 084
r
T
r
r
14,179
12, 833
16. 605
39, 017
5,068
28, 069
14, 520
23, 281
17, 213
'r 269, 092 ' 270, 487
194, 223 207, 041
79, 253 r 75, 511
r
185, 954
204,
931
r
167, 580 r 162, 525
r
76, 677
206, 177
169, 676
195, 597
138. 245
177, 870
18, 907
10, 052
16, 453
'11,832
r
r
205, 876
306, 625
16,444
88, 896
36, 518
r 31, 031
' 35, 735 36, 324
r
37, 109
42, 352
r
25, 989
26, 402
34, 804
31, 717
r 815, 618 r 882, 065
r
r
r
r
337. 072
6, 871
99, 155
5, 298
40, 999
44, 526
r
23,929
r
478, 545
5, 790
r
132, 186 r 129, 160 r 116, 120 ' r 122, 031' r r 126, 982 r r109, 596
20, 664 i
42, 361
42, 841
27, 391 ' 24, 912 21, 763
r
34, 388 !
31,076 r 22, 372
32, 037
22, 370
28. 852
25 \ 569
24, 703 !
21, 546
29, 326 r 24. 867
23, 718
50,191
44,484
50, 938 1
44, 960 r 45,587
47, 359
r
r
r
55,504 <
58, 051
54, 547
' 55, 513 59, 082
51, 754
360, 530
6, 344
126, 550
3,935
30, 996
40, 161
25, 086
' 521, 535
4. 924
r
114, 460
47, 940
23, 344
26, 390
49, 899
52, 230 :
r
r
r
218, 769
287, 196
19, 574
76, 739
31, 261
30, 066
24, 447
29,511
32, 964
966, 110
229, 038
201, 634
356, 042
250, 416
22, 245
15, 737
81, 685
57, 728
36, 922
27, 782
41, 970
28, 044
26, 418
20, 284
51. 577
33, 160
35, 804
32, 574
795, 493 '1,021,449
927, 200
913, 600
TRANSPORTATION AND COMMUNICATIONS
TR AN SPORT ATION
Airlines
Operations on scheduled airlines:
Miles flown, revenue
thousands
Express and freight carried
short tons
Express and freight ton-miles flown thousands
M^ail ton-miles
flown
do
Passengers carried revenue
do
Passenger-miles flown, revenue
do
32, 221
32, 274 ' 34, 069
17,815
18,341
11,700
11,442
5, 109
5, 527
1,831
2,054
973, 389 1,116,764
36, 475
36,612
18, 484
11 911
5,871
1,576
852, 723
30, 896
16, 269
11, 734
5,688
1, 520
799, 871
33, 363
19,142
1 3, 039
5, 681
1, 733
926, 746
33, 887
19, 233
12,887
5, 649
1,889
994, 729
20 143
77
20, 061
97
20, 090
46
19, 982
19
19, 958
19, 592
2
19, 505
45
4
19, 793
0)
20, 561
56
20, 901
7
20, 921
50
26, 474
37
10. 8808
1,072
128 500
11. 0560
1,006
123, 900
11. 0852
1,062
126, 500
11.1922
1.053
129, 400
11.2579
1,050
128,300
11.3820
962
118,000
11.4477
921
117, 300
11. 7810
919
121, 800
11.9148
975
119,000
11. 9465
1,048
133, 500
12. 1776
964
127, 700
12.2311
1,059
145, 400
11,612
5,115
2,012
1,081,742
35, 632
2 72, 363
14, 566
16, 591
5,554
7,947
1,879
1,839
972,158 1,018,400
Express Operations
Operating revenues
Operating income
thous of dol
do
d
Local Transit Lines
Fares, average cash rate .. ._
Passengers carried, revenue
Operating revenues
_
-
cents .
millions
thous of dol
12.3114
959
Class I Steam Railways
Freight car-loadings (A. A. R.):d"
2,608
3, 624
3, 677
2, 236
3,363
3,294
2, 886
2,912
3,882
4,001
' 3, 562
3. 352
Total cars .
..thousands..
2, 671
r
607
478
587
686
498
317
636
439
613
713
631
779
517
Coal
do
79
22
65
53
68
15
58
57
58
74
60
75
Coke
do
'82
179
179
172
218
175
201
170
243
178
225
164
203
'208
Forest products
do
221
195
234
204
255
187
'250
162
232
263
253
168
219
Grain and grain products
. _
do.
r 44
49
33
37
36
42
24
66
67
26
42
36
40
Livestock
do
371
76
105
211
403
44
85
96
447
387
357
96
Ore
do
'88
364
302
294
377
297
350
257
289
360
265
'336
278
318
Merchandise, 1. c. 1
- _ . - . _ do__ .
1, 463
1,480
1,803
1,155
1,579
1,673
1,938
1,888
1,298
1,852
1,377
' 1, 776
1,770
Miscellaneous
do
d
l
2
©Including Manchuria
'Revised.
Deficit.
Less than $500.
Data represent quarterly total.
ABeginning 1952, Turkey is included with Europe; previously, with Asia.
beginning January 1952.
*New series. Data prior to August 1951 will be shown later.
cfData for January, March, May, August, and November 1952 and January 1953 are for 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-23
1953
19 52
January
February
March
April
May
June
July
August
September
October
November
December
January
TRANSPORTATION AND COMMUNICATIONS—Continued
TRAN SPORTATION— Continued
Class I Steam Railways— Continued
Freight car-loadings (Federal Reserve indexes):
Total unadjusted
1935-39=100
Coal
do
Coke
do
Forest products
do
Grain and grain products
do
Livestock
do _
Ore
do
Merchandise 1 c 1
do
Miscellaneous
. _ __ _ _ _.. ._ __do
128
133
214
139
146
64
64
44
138
126
120
203
140
137
57
69
47
140
124
111
198
141
128
53
75
48
142
123
103
163
142
115
65
195
47
139
124
101
178
131
116
59
292
45
138
111
96
68
144
165
45
82
44
122
104
75
56
147
183
45
73
43
116
129
101
154
157
145
61
323
46
141
145
135
187
151
138
93
352
48
155
138
93
185
146
157
117
314
48
158
138
123
195
149
144
95
258
47
150
120
111
200
135
123
66
77
43
135
121
108
193
139
128
59
70
42
138
141
Total adjusted
do
133
Coal
- do. 203
Coke
do
155
Forest products
do _
146
Grain and grain products
_
_-do__ 67
Livestock
do
256
Ore
.. _ _ . d o
46
Merchandise 1 c 1
do
151
Miscellaneous
do
Freight-car surplus and shortage, daily average:
11, 255
Car surplus total
_ - . number 3, 396
Box cflrs
do
1,859
Gondolas and open hoppers
do.
3, 906
Car shortage, total
_
_
. do 1,430
Box cars
do _ _
2,014
Gondolas and open hoppers
_ .._ -do Financial operations:
Operating revenues, total. _ _ __thous. of dol . r 867, 169
Freight
do .. r 713, 039
82, 343
Passeneer
_.. _ do.
r
685, 458
Operating expenses
do
Tax accruals, joint facility and equipment rents
thous. of doL- ' 115, 532
Net railway operating income
- _ _ - d o - - . r 66, 179
41 , 364
Net income!
do
Operating results:
54, 700
Freight carried 1 mile
mil of ton-miles
1. 367
Revenue per ton-mile
cents
3,089
Passengers carried 1 mile revenue
million^
136
120
192
146
140
72
277
49
149
133
111
196
141
139
66
257
47
149
126
103
166
142
130
73
212
46
141
122
101
179
126
132
66
212
45
137
108
96
69
139
161
56
53
44
119
102
75
57
146
153
56
46
43
115
125
101
160
149
134
65
216
46
140
134
135
189
140
123
70
235
45
144
127
93
188
139
157
76
233
46
145
134
123
195
152
147
76
233
46
144
131
111
191
152
131
69
248
45
144
134
108
184
154
128
62
278
44
151
8,185
1,012
2,084
3,992
1,747
1,550
9, 264
2,161
1, 516
2, 621
845
993
17,100
24, 363
11,153
2,554
2,296
704
959
28, 136
14, 669
6, 372
2,933
1,865
717
40, 311
7,477
26, 642
2,070
1, 490
448
13,934
5,693
1,691
6, 310
4,924
1,958
2,743
331
113
12,028
3,822
7,691
8,914
25
6,996
14, 194
8, 235
5,169
5,294
4, 108
3,339
1,874
365
857
24, 003
8 113
10, 456
792
449
173
79, 262
21,625
46, 558
827
564
137
844, 966
704, 301
73, 470
649, 687
875.471
847, 478
702, 145
870,315
814, 338
663, 869
790,718
899, 734
744, 841
80, 548
663, 360
942, 139
796, 010
70, 581
674, 577
985,215
908, 004
769, 593
65, 025
661, 229
935,
762,
84,
711
061
543
069
367
863, 001
713, 727
79, 199
661, 684
119,385
123,697
76, 639
50, 239
92 073
136, 088
110, 687
84, 158
114,091
109, 602
141 852
121,242
75, 895
49, 244
54, 089
1.370
2,697
8 348
4,688
3 660
2,637
729, 286
74, 077
675, 135
71,906
667, 433
720, 138
75, 955
676, 418
645, 934
644, 792
80, 482
634, 398
81,702
838, 101
66, 027
707, 483
33
2, 030
7, 075
4, 253
2,472
82, 970
54 342
100, 529
67, 875
48 988
95, 357
60, 963
35 469
131,334
45, 341
104, 939
7« 155
146, 650
120, 913
94, 456
55, 949
1.372
2,759
52, 147
1.412
2,684
54 557
1.393
2 802
47 293
1 475
3 065
44 817
1. 524
3 076
56 949
1.377
3 133
58, 213
1.430
2,696
58, 066
1.503
2,481
56, 975
1.417
2,416
50 753
1 552
3 118
7 837
4,696
3 141
8,839
5,389
3,449
9 217
5, 799
3 418
2,619
1,011
3,115
1,130
3, 039
1,035
2,979
2,948
2,649
1, 188
1,256
762
2,511
909
2,888
1,004
1, 148
3,261
1,236
2, 866
1,077
3 057
1 109
6.37
77
242
6.39
79
240
6.24
77
225
6.74
79
251
6.20
78
266
6.70
79
260
6.39
72
237
7.15
76
255
6.91
78
251
7.13
83
259
7.17
72
241
6 49
63
233
50, 857
54, 537
1, 661
24, 862
27, 374
232
61, 682
71, 370
1,417
19, 205
31, 638
299
65, 249
68, 599
1 , 439
23, 897
44, 164
346
61, 610
72, 209
1 518
20, 431
48, 658
559
58, 893
79, 967
1 704
18, 898
51, 528
1, 075
76 484
109, 740
1 744
18 361
45, 330
2, 455
88 798
111 036
115 846
94, 685
105, 868
63, 766
73, 084
55, 698
60 671
50, 824
34, 150
4,008
29, 361
4,270
25 062
1,603
21,497
17, 109
375
' 19 466
237
985
12, 072
886
10, 808
867
10, 655
762
9, 343
763
809
10 145
682
8, 618
716
9,446
9,074
718
9,113
9,064
665
8 308
766
9 664
339, 151
198, 907
332, 063
196, 952
345, 353
202, 195
110,319
118,143
343, 596
203. 861
114, 762
352, 525
205, 1 71
121, 895
351,732
115,814
206, 102
119 781
351, 597
204, 358
120 635
354, 143
205, 1 14
122 471
210,387
120,911
370, 929
216, 164
127, 665
359, 634
214, 751
117 549
240, 030
39, 077
40, 127
231, 914
39, 702
40, 314
238, 954
42, 437
40, 516
234, 873
43, 627
40, 662
248, 667
41, 238
40, 847
245, 862
42, 238
40, 966
258, 743
37, 140
41, 105
252, 771
255, 480
40, 878
261, 973
44, 112
41,419
41,621
251, 155
43, 950
41, 786
16, 789
15, 191
717
15, 875
14, 328
716
16, 801
14, 923
1,016
10, 384
12, 894
15, 839
14, 544
474
15,847
15, 101
<* 47
15,633
14, 883
17,251
15,534
3, 247
22
974
17, 842
15 850
1 253
15, 881
14, 761
435
18 962
16 225
2 370
2,199
1, 752
236
2,114
1,733
192
2,237
2,155
1, 702
251
2, 250
1,722
270
2 081
1,766
105
2,164
1,880
60
2,101
1,798
91
2 377
1,779
383
2 470
1 804
438
2 272
1,820
256
2 603
1 919
436
2,669
2, 099
443
2,510
2,013
372
2,592
2, 094
388
2,433
2,066
2 546
2, 156
271
2 517
2 585
2 385
2,056
2,084
2,038
340
388
246
2 461
2 090
259
2 611
2 160
360
2 391
2 069
*>67
2 799
2 297
489
107,732
72,313
110,927
157,064
120,669
r
80, 074
Waterway Traffic
Clearances, vessels in foreign trade. •§
Total U S ports
thous of net tons
Foreign
do
United States
do
Panama Canal:
Total
thous. of long tons
In United States vessels
do
Travel
Hotels:
\verage sole per occupied room
dollars
Rooms occupied!
percent of total. .
Restaurant sales index
same month 1929=100-Foreign travel:
UT S citi7ens arrivnlscT 71
number
L S citizen^ departures d
do
Fmi°rant nliens departed
do
Immigrant aliens admitted
do
Passports issued
do
National parks visitors
thousands
Pullman Co.:
Revenue passenger-miles
millions
Pci^enpTT revenues
thous of dol
982
717
6.69
76
249
26, 700
253
COMMUNICATIONS
Telephone carriers:©
Operating revenues
Station revenues
Tolls message
thous. of dol
do
do
Operating expenses, before taxes.
.
do
Net operating income
do
Phones in service, end of month.. __ thousands..
Telegraph, cable, arid radiotelegraph carriers:
Wire-telegraph:
Operating revenues. _ ... ... thous. of dol..
Operating expenses, inch depreciation ...do
Net operating revenues
do
Ocean-cable:
Operating revenues
do
Operating expenses, incl. depreciation
.do
Net operating revenues
do
Radiotelegraph:
Operating revenues
.
do
Operating expenses, incl. depreciation
do
Net operating revenues
do
r
Revised.
d
Deficit.
1, 759
274
7,233
10, 243
d
3, 698
252
d
41,077
41,255
d
357, 925
r
|Revised data for December 1951, $123,083,000.
§Beginnirig July 1951, data exclude vessels under time or voyage charter to Military Sea Transportation Service.
fRevised series. Data beginning 1951 have been adjusted to the levels of the 1948 Census of Business.
cfData exclude arrivals and departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.
©Data relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier
data.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
February
January
March
April
May
June
1953
July
August
September
October
November
December
January
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production :J
Ammonia, synthetic anhydrous (commercial)
151, 632
172,099 ; 177, 059
165, 105
160, 034
short tons_. 158, 848
!
442
630
Calcium arsenate (commercial)
do
0)
0)
0)
0)
67,974 i 60, 601
72, 178
58, 380
56, 074
67, 788
Calcium carbide (commercial)
do__ _
63, 579
44, 062
47,307 • 53, 756
72,417
45, 807
Carbon dioxide liquid gas and solid O
do
229,472
221, 169
214, 128
200, 169
230, 271
215, 570
Chlorine gas
- -- do
58, 868
53, 129
50, 669
48, 851
60, 191
57, 966
Hydrochloric acid (100% HC1)
do
763
150
1,520
279
1,985
1,
550
Lead arsenate (acid and basic)
do
144, 696
122, 670
137, 924
128, 065
140, 976
128, 978
Nitric acid (100% HNOs)
do
1,954
1,941
2,008
2,156
1,131
2,019
Oxygen (high purity)
mil. of cu. ft
172, 135
173, 334
153, 497
168, 272
151, 922
151, 684
Phosphoric acid (50% H3P04)
short tons
Soda ash, ammonia-soda process (98-100%
372, 529
363, 579
358, 448
334, 449
367, 380
337, 710
Na2COs)
short tons
6,428
9,722
5, 656
8.590
6, 745
11, 224
Sodium bichromate and chromate
do
250, 564
230, 883
258, 521
271, 996
263, 320
247, 734
Sodium hydroxide (100% Na OH). _
do
Sodium silicate, soluble silicate glass (anhy36, 794
38, 565
41, 194
46, 852
43, 599
45, 705
drous)
short tons
Sodium sulfate, Glauber's salt and crude salt
65, 646
65, 838
73, 973
67, 031
72, 078
67, 363
cake
short tons
Sulfuric acid:
1, 165,. 356 1, 131, 289 1, 174, 836 1, 115, 602 1, 109, 076 1, 007, 709
Production (100% TT2S04)
do
Price, wholesale, 66°, tanks, at works
20.00
20.00
20.00
20. 00
20.00
20.00
dol. per short ton_.
Organic chemicals:
Acetic acid (synthetic and natural), production
30, 261
26, 380
26, 535
27. 980
29,138
37, 711
thous. of lb_.
51. 944
42, 711
27, 591
31, 536
45, 887
59, 358
Acetic anhydride production
do
1.109
957
1,
178
1,247
1,185
1,073
Acetylsalicylic acid (aspirin), production- -.do
Alcohol, ethyl:
33,
857
26,
062
32.
922
42,
421
41,
129
42,
254
Production
thous. of proof gal
82, 344
74, 420
97, 550
94, 566
95, 361
94, 442
Stocks total
do
In industrial alcohol bonded warehouses
50, 584
55, 592
51, 949
54, 937
58, 891
58, 660
thous. of proof gaL41, 959
23, 837
30, 395
35, 675
40. 425
35, 782
In denaturing plants
_
do
33, 102
34, 108
30, 539
40. 939
44, 935
48,917
Used for d enaturation t
do
1,447
1,755
1,
395
1,788
1,
861
1, 993
Withdrawr tax-Ttaid
- - - do_ _
Alcohol, denatured:
17.
868
18,368
16,481
24,
060
21,
924
26, 106
Production
thous of wine fal
18, 018
19,984
20, 284
24, 768
21, 388
21, 501
Consumption (withdrawals)
do
8,055
12,
093
8,
555
14,
037
13, 608
10, 478
Stocks. _1
do
7,077
14, 401
13. 293
11, 559
13, 546
10, 635
Creosote oil, production _ _ _ __ _ thous. of gal _
5,873
5,470
4; 204
4,419
4,160
4,359
Ethyl acetate (85%), production
thous, of lb_.
Glycerin, refined (100% basis):
Ilierh gravity and yellow distilled:
7,099
7, 538
6,745
6, 770
5,647
6,192
Production
thous. of lb6,374
6. 385
6, 239
5, 521
5,617
5, 798
14, 427
17, 578
17, 013
18, 104
17, 447
16, 219
Stocks
do
Chemically pure:
5,428
12, 52S
7,178
11,113
11, 704
11, 529
Production
do
7,008
7,015
7,219
7,398
7, 040
7,976
Consumption
- - - do24, 507
29, 435
28, 382
28, 107
26, 685
20, 582
Stocks
do Methanol, production:
175
173
185
158
201
192
Natural (100%)
thous. of gal_.
11, 881
13, 498
13,111
13, 756
13, 951
14, 226
Svnthetic (100%)
- - do -19, 225
21,348
21, 263
19, 462
21, 519
18, 844
Phthalic anhydride, production
thous. of lb_.
167, 574
704
52, 238
80,662
194, 285
49, 282
0)
118, 340
1,046
153, 609
173, 326
0)
45, 812
79, 391
207, 964
54, 462
0)
128, 886
1, 862
179, 200
171, 721
0)
47, 947
65, 370
209, 966
57, 334
(0
134, 588
2,023
185, 295
178, 562
184, 319
0)
0)
56, 315
56, 150
55, 292 r r 46, 012
227, 970
219, 626
61, 646 '•61,699
381
0)
140, 866
147, 180
2,251
205, 074 ' 179, 647
193, 506
0)
61,903
45, 441
224, 938
64, 284
0)
157, 508
2, 295
175, 533
336, 327
3, 722
224, 462
370, 877
5, 882
242, 721
349, 218
7,001
242, 700
405, 778
431, 598
8, 355
8,107
260, 742 * 257, 081
414, 557
7, 856
260, 1S4
34, 403
35, 521
44, 948
59, 997
58, 999
66, 516
68, 913
75, 070
968, 467
1,066,592
20. 00
20.00
20.00
20.00
20.00
20, 00
34, 256
65, 963
845
32, 979
70, 859
823
32, 781
74, 404
807
38, 746
80, 829
1,189
* 39. 241
69, 515
1,145
42. 9Sf>
39, 292
77, 437
32, 984
82, 661
36, 439
87, 430
35, 839
85, 838
31, 552
81. 702
42, 1 -2
83, 2 i.")
47, 610
29, 827
35, 397
2, 052
47, 420
35, 241
28, 577
1, 629
48,430
30' 000
31, 249
2, 057
46, 419
39,419
35,172
2, 058
42, 281
39, 421
34, 286
2,101
44. 833
38,412
40. 6>
19, 039
17,468
9,100
6,509
4,152
15, 437
18, 261
7. 158
12, 547
8,813
16,987
16. 799
1, 326
12, 538
7, 984
19, 226
19, 166
7,347
13, 026
7,363
19, 613
18, 428
8,548
14, 059
8,082
23 417
231 M,8, 2*5
12, 807
8, 375
5,855
6, 003
13, 553
6,511
6, 538
12, 246
7,279
6,975
12,066
7,602
8,101
11, 447
7, 043
7,102
11, 006
6, 89'^
6,219
11,370
6,237
6, 628
21, 684
9,035
7,536
19, 080
10,040
7.991
17, 173
11, 147
8,886
16, 211
10, 629
7, 527
15,336
11, 663
7, »V)8
li, 595
195
11, 890
18, 955
179
12, 059
16, 462
234
11,143
17, 954
194
13, 367
19, 036
••179
13, 329
20, 480
172
15, M4
10, 978
2599
2559
171, 683 r 242, 814
28, 068
7,955
124, 084 ' 219, 806
5,893
12, 602
2572
169, 969
7, 850
148, 826
7,848
2685
160, 461
22, 468
117, 635
8, 6Sf>
220, 823
165, 102
69, 842
10, 856
30, 821
194, 024
133, 078
66, 738
26, 160
22, 218
194. 599
137, 802
50, 743
8, 735
34,119
57.00
142, 726
57.00
' 127, 884
r
44, 373
45, 893
76, 075
81.301
., 079, 457 1, 164, 427 1, 159, 061 1, 193. 009
20. ()0
'lit;:
1, 44S
FERTILIZERS
Consumption (14 States) §
Exports total
thous. of short tons_
short tons
Phosphate materials
Imports, total
Nitrogenous materials, total
Nitrate of soda
Phosphate materials
- -
dodo
___do
do
do
1,152
201, 552
20, 560
154, 761
9,056
1, 348
214, 991
28. 775
161, 570
7,619
1,167
207, 943
15, 353
176, 649
7,887
530
136, 743
7, 652
117, 254
7,227
2389
203, 643
24, 643
164, 357
7, 015
2380
208, 593
19, 939
170, 215
7,227
219, 807
152, 137
54, 651
8,588
49, 833
255, 151 r 257, 860 '172, PA3 r 204, 665
96, 732 r 149, 891
165, 806 * 187, 284
33,915
18, 706
72, 814 r 59, 960
6, 832
17, 751
21,714 r 17, 510
12, 488
26, 481
55, 022
27, 731
208, 013
151,448
90, 517
14, 698
23, 258
141, 032
100, 674
37,015
- 7,318
21, 293
169, 119 r 237, 657
122, 146 ^ 181, 487
50, 865 r 69, 563
6,460
8,166
33, 020
27, 336
57. 00
113, 167
57. 00
122, 979
926, 657
1,366,549
957, 418
1,424,214
1,827
191, 261
10, 802
163, 553
7, 469
1,819
204, 452
15, 296
173, 431
6,147
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
57.00
57.00
57.00
57.00
57.00
57.00
port warehouses
dol. per short ton__
127, 810
157, 711
125, 600
140, 625
123, 582
114, 903
Potash deliveries
short tons.
Superphosphate (bulk):
941, 330
966, 024 1, 033, 449 .1, 101, 454 1, 137, 270 1,074,722
1, 293, 588 1,217,295 1, 046. 710 ; 897, 818 1, 018, 081 1, 238, 946
Stocks, end of month.
do
57.00
149, 678
T
r
57. 00
133, 733
2 908
o7. 00
139, 339
971,091
41,440
917, 658
929, 313 1,047,118
1,405,661 1,402,545 1, 398, 028 1,510,676 1, 554, 703
NAVAL STORES
Rosin (gum and wood):
Price, gum, wholesale, "WG" grade (N.Y.), bulk
dol. per 100 lb_.
Turpentine (gum and wood):
Production, quarterly total
bbl. (50 gal.) —
3 948, 760
904,650 1
392 400
722, 580
8.70
9.35
9.65
I
!
8.55
8.55
8.50
8.35
8.35
8.70
8.50
8.50
8.40
8.90
s 331, 000
127, 940
214, 640
I 1 94. 450
.62
.60
.62
.62 !
.60
.62
.60
.63
.60
.86
.76 i
.66 ,
.61
Price, gum, wholesale (N.Y.)
dol. per gal—
r
J
2
Revised.
Not available for publication.
Total for 12 States; excludes data for both Virginia and Kentucky (effective July 1952, Kentucky will report semiannually: see note "§"
3
below for quarterly data for Virginia).
Total for April-September.
{Revised data for January-October 1950 and 1951 are available upon request.
©Data beginning January 1951 exclude amounts produced and consumed in the same plants manufacturing soda ash.
tRevised series. Data shown prior to the November 1951 SURVEY represent alcohol withdrawn for denaturation.
. . T
*r u o „ A - 1 T
n o - r i - ^ u
§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951—January-March, 312; April-June, 288; July-beptember,
91; October-December, 111; 1952—January-March, 322; April-June, 331; July-September, 90; October-December, 100.
SURVEY OF CURRENT BUSINESS
March 1953
S--25
1953
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
February
March
April
May
June
July
August
September
October
November
December
January
1,016
59, 840
902
56, 709
1,056
56, 212
CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
High explosives
Sulfur:
Production
__
_
Stocks
thous. of lb__
do
long tons
do
1,355
55, 512
1,193
59, 669
842
57, 659
706
61, 905
556
63, 111
489
57, 251
586
51, 315
764
62 515
1,010
66 177
1 184
66 621
412, 481
433, 871
445, 014
454, 960
460, 058
443,017
447, 481 428 810
477, 939
430 811 436, 143 422, 560
2, 851, 214 2, 883, 571 2, 850, 666 2 808, 368 2, 827, 506 2 902 335 2 982 331 3 047 591 3 081 284 3 064 952 3 053 843 3 068 855
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:t
Animal fats:
Production
thous. of Ib
Consumption, factory... _. __
do
Stocks, end of month
__ .
do
Greases:
Production
. _.
_- do
Consumption, factory
do
Stocks, end of month
_ do
Fish oils:
Production
__ do _
Consumption, factorv
do
Stocks, end of month cf
._ _.. _ _ _ do _
Vegetable oils, oilseeds, and byproducts:^
Vegetable oils, total:
Production, crude
mil. of Ib
Consumption, crude, factory
_. do
Stocks, end
of
month:
Crudecf 1
do
Refined
_
do
Exports
thous of Ib
Imports, total
do
Paint oils ._. _
do
All other vegetable oils
-_
do
Copra:
Consumption, factory
short tons
Stocks, end of month
do
Imports
_.
do
Coconut or copra oil:
Production:
Crude
thous of Ib
Refined _
_ _ _
do
Consumption, factory:
Crude
do
Refined
_
do
Stocks, end
of month:
Cruded1
_.
do
Refined
do
Imports
do
Cottonseed:
Receipts at mills
thous. of short tons
Consumption (crush)
do
Stocks at mills, end of month
do
Cottonseed cake and meal:
Production
short tons
Stocks at mills, end of month .
_ do
Cottonseed oil, crude:
Production
thous. of Ib
Stocks, end of month
_
. do
Cottonseed oil, refined:
Production
do
Consumption factory
do
In oleomargarine
do
Stocks, end of month
do
Price, wholesale, drums (N. Y.)*_.dol. per lb._
Flaxseed:
Production (crop estimate) §
thous. of bu_Oil mills:
Consumption
.
do
Stocks, end of month
do
Price, wholesale, No. 1 (Minn.)
dol. per bu..
Linseed oil, raw:
Production
thous of Ib
Consumption, factory
_ . _
do
Stocks at factory, end of month
do
Price, wholesale (N. Y )
dol. per Ib
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
.do
Stocks, end of month:
Crude
. . . , do
Refined
do
Price, wholesale, refined (N. ¥.)_.. dol. per l b _ _ _
417, 530
121, 909
327, 037
388. 109
121, 614
329, 625
365, 093
119, 944
325, 955
349, 058
117,906
329, 408
321, 630
114,807
336, 784
305, 335
115, 548
367, 590
290, 088
95,111
377, 329
286 050
114, 199
339 625
290 840
110,119
329, 643
358 024
128 965
296 004
367 547
104, 045
327, 150
' 431, 751
105, 973
406, 370
426, 887
112, 711
460, 719
58, 919
45, 248
103, 801
58,217
42, 173
105, 938
52,114
40, 075
100, 536
50, 357
37,913
105,411
49, 982
36, 701
111,895
49, 486
31, 969
115,580
44, 932
31 098
118,495
46 040
35 164
113 738
43, 600
37 100
107, 634
54 838
44 866
101 152
55, 434
34 533
107, 530
57, 588
32 518
114, 150
57, 636
39 197
117, 840
900
9,840
82, 084
169
8,578
73, 295
298
9,429
73, 055
5,141
9,451
68, 538
11, 060
9,758
66, 640
12, 748
10,174
69, 931
22, 631
8 331
84, 479
22 683
9 919
88 854
13, 407
11 763
89, 990
9 268
15 957
103 115
5,743
14 975
92 801
3,037
10 832
90, 117
486
17, 790
76, 243
584
529
522
509
483
482
430
487
382
442
343
410
305
361
354
394
433
413
627
566
5P2
532
566
562
572
551
1,279
504
39,913
39, 332
1,886
37, 446
1,287
556
58, 899
24, 878
2,050
22, 827
1,275
589
61,395
24, 596
2,563
22, 032
1,202
632
58, 562
31,067
4,389
26, 678
1,123
624
49,815
28, 638
2,049
26, 590
1 054
572
32, 674
30, 935
5.051
25, 884
1 017
536
30 911
35. 478
5,447
30, 031
952
498
43 097
35 171
5,177
29 993
962
438
27 991
32, 922
2, 153
30, 769
36* 190
3 664
32 525
1 096
578
41 414
37 943
2,494
35 449
1 115
689
35 276
31, 759
733
31, 026
1,147
777
r 3Q 808
29, 807
27, 492
34, 681
30, 476
25, 202
36, 287
26, 367
20, 923
25, 848
32, 794
11,952
23, 608
23, 068
11,267
21, 892
16,051
4, 061
16, 456
18, 028
11.974
21,390
37 665
13 570
29 563
32, 550
10 070
23,507
35 228
16 591
43 529
30, 262
12 324
24 433
29, 524
12 900
23, 426
27, 095
37, 492
31, 625
38, 132
27, 987
33,176
30, 494
41, 626
31,011
29, 564
32, 465
21,486
27, 765
22, 632
26, 745
47 692
36 466
41 096
38, 003
45, 425
41,035
38 622
31 423
37 619
30 958
34, 491
27,041
47, 698
27, 486
42, 364
25, 099
45, 222
26, 727
48, 037
28, 085
48,315
28, 306
43, 436
26, 131
41,119
23, 431
51 836
30 364
56 545
34, 112
61 323
35, 858
47 506
26 344
47 818
27 401
42 439
24, 030
82. 279
9,863
7,173
82, 143
9,103
1,767
81,387
9,013
3,731
79, 869
8,961
7,921
67, 285
8,899
7,522
56, 707
7,596
9,777
49, 699
7,578
15, 089
50 718
8, 730
12 237
46, 974
7,616
10, 137
42 465
8,334
14,152
45 915
8,415
16 162
47 506
7,980
11, 950
44, 552
8,241
322
688
1, 515
163
545
1,180
55
433
802
22
306
518
14
218
315
14
153
176
78
117
137
398
148
386
1 170
521
1,035
1 757
782
2 010
1 097
719
2 388
539
666
2 261
222
655
1,827
319, 884
56, 737
253, 208
56, 176
201, 182
47, 336
146, 191
46, 396
101, 133
57, 870
69, 838
58, 946
55, 746
45, 104
70 059
47 876
248 660
81 857
379, 384
115,114
348 802
144 420
317 680
155 303
310 755
192 733
218, 547
188, 644
176, 041
174, 795
143, 727
162, 209
106, 633
129,093
72, 082
96,917
52, 822
58, 602
41, 143
41, 077
44 768
38 375
156 459
103 809
249 604
162, 946
231 827
188 505
213 966
178 154
211 130
178 802
185, 037
135, 226
44, 497
1
336, 814
.203
164, 076
117, 870
35, 623
1
383, 410
.220
136, 955
107,399
28, 019
1
413, 893
.190
123, 723
106, 108
28, 523
1
434, 758
.180
100, 080
109. 369
28, 784
1
432, 620
.180
173, 856
119 867
29,2^8
343 165
.191
190 034
86 397
24 707
i 445 493
.193
r 198 592
95 697
96 480
ri 544 572
M95
185 476
104 450
29 016
i 627 573
.227
2 903
6 154
4.08
2 699
5 621
4.10
r
54, 023
79, 578
113, 260
90, 150
28,
764
17, 070
1
401, 400 1361,320 i
. 185
.205
r
42 285
92 727
23 978
318 006
'.205
71 655
103 262
32 434
i 288 212 i
.191
1 049
474
r
2 31 002
2,298
6,407
4.54
2,243
5, 547
4.23
2, 196
4,430
4.16
1,897
3, 608
3.93
2,083
3,440
3. 96
2,172
3,059
4.00
1,580
3,346
4.01
2 295
3 794
4.17
46, 857
40, 462
652, 657
.210
44, 020
41, 734
659, 688
.195
45, 707
43, 661
659, 383
.186
38, 953
44, 651
646, 589
.176
41, 647
43. 685
638, 021
.178
44, 015
43, 565
637,
975
3
. 155
31, 860
45, 899
634, 474
3.150
46 904
54' 981
622 350
3' 152
24, 046
50, 901
22, 457
49, 430
21, 540
42, 708
20, 129
32, 307
19, 682
28, 493
18, 617
30 838
17, 539
22 339
234, 386
179, 073
159, 187
222, 247
180, 626
168, 379
218, 381
183, 469
164,911
204, 138
198, 641
171,062
199, 002
181, 249
171, 244
189, 977
177, 198
188, 112
179 498
162, 158
142, 825
2 303
5 461
4.17
46
51
616
3
702
841
537
156
58 017
53 608
622* 079
3 151
17 549
9 071
14 969
11 632
22 507
85 496
178 795
175' 008
154, 982
155 632
166* 542
187, 729
238 300
199 066
210, 621
2 627
4 355
4.04
51
41
643
3
336
602
703
]46
630
674
611
150
46 016
42 335
634 959
3
148
21 997
89 783
2 291 682
21 397
79 852
21 550
65 741
230 609 r 226 935
198 811
1 73' 576
171, 950
182, 331
231 000
202 969
195, 424
230, 950
240, 510
224, 072
197, 473
245, 027
185, 122
180, 130
136 414
98 287
124 629
139 R602 r 153 674
75 677
97, 092
103, 120
126, 720
109, 459
130, 234
116 618
111 280
]24 222
96 020
73 45
83r 716
.144
. 155
.165
.150
.148
.174
. 174
.170
.156
.151
'. 161
!l68
]
3
'Revised.
Includes stocks owned by Commodity Credit Corporation.
2p ecem be r 1 estimate.
Minneapolis price; comparable data for May 1952, $0.155.
tRevisions for 1950 and for January-September 1951 for production, consumption, and stocks will be shown later.
cf Beginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.
*New series. Compiled by the 17. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
^Revisions for flaxseed (1946-49) and soybeans (1944-49) appear in corresponding note in the September 1952 SURVEY.
166 159
87 118
Il91
54
47
626
3
2 285
4 967
4.10
SURVEY OF CURRENT BUSINESS
S-26
March 1953
1953
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
February
March
April
May
June
July
August
September
October
November
December
January
123 403
23, 362
105 480
21, 694
116 840
25, 283
126 580
23, 412
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.—Continued
Vegetable oils, oilseeds, etc. — Continued
Oleomargarine:
Production
thous. oflb
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern TJ. S.)*
dol. per Ib
Shortening :
Production
thous of Ib
Stocks end of month
do
128, 145
17, 485
114, 051
24, 951
96,762
21,655
101, 136
22, 419
100, 709
15, 839
104 040
26, 837
68 695
23, 807
86 564
15,584
125 694
18, 615
1
1
1
.289
.259
.259
.253
.249
.266
.271
.269
1.281
128, 313
94, 405
131, 040
91, 890
128 912
89, 120
127 375
93, 408
138, 692
83, 228
142 749
81, 922
112 624
88 436
125 114
92 559
140 171
74' 126
178 057
86 653
113,445
42, 031
71, 414
106, 386
41, 608
64, 778
110, 938
41, 594
69, 344
124, 670
44, 287
80, 383
126, 768
44, 620
82, 148
122, 571
40, 757
81,814
111,093
36, 808
74, 285
113,282
40, 974
72, 308
117,831
44. 262
73.569
120 966
48, 711
72, 255
2,957
4,243
521
734
1,942
4,178
508
792
1,841
4,380
479
784
1,880
4,985
527
683
1,770
4,122
485
657
1,713
3,805
453
400
2 013
4 504
377
442
1,998
4,866
439
404
2 223
6,109
581
303
2 852
6,679
589
468
2 345
5,629
506
529
2 659
5,780
556
456
31,652
27, 395
16, 005
43, 446
28, 616
6,592
15. 860
28, 731
26, 518
14,933
39, 245
28, 014
7,855
13, 163
28, 262
25, 951
15, 459
39, 208
28, 300
7,502
16, 586
24, 131
24, 967
14, 233
35, 955
28, 418
7,396
17, 122
24, 009
23, 959
14, 955
31.897
29, 326
8,030
17,341
24, 827
26,413
15,312
29, 357
28, 507
7, 882
17, 467
20, 981
26, 259
11,189
28, 756
24, 342
7, 337
14, 368
26, 850
22, 007
16, 669
29, 582
25, 692
7,572
17, 868
30 996
27. 484
16, 942
32. 764
31, 224
9,488
18, 078
39, 144
37, 919
19, 868
39, 247
33, 936
8 639
21, 728
35, 539
38 515
18,315
39, 881
27, 644
8 914
21, 274
34. 474
37, 043
20, 473
41, 654
31, 002
7,840
21, 925
. 284
284
1 .284
126 622
93 678
131 749
93 668
141 878
87 976
95 848
40, 552
' 55, 296
r
f
284
PAINTS, VARNISH, AND LACQUER t
Factory shipments, total
Industrial sales
Trade sales
_
__
__
_
thous. of dol
_
do
do
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
thous of Ib
Molding and extrusion materials
do
Nitrocellulose, sheets, rods, and tubes _ .do...
Other cellulose plastics
do
Phenolic and other tar acid resins _ _
Polystyrene
Urea and melamine resins
Vinyl resins §
Alkyd resins §
Rosin modifications
Miscellaneous resins §
-do
do
_do_ _
do
do
do
do
r
93 572
41 323
52, 249
ELECTRIC POWER AND GAS
ELECTRIC POWERJ
Production (utility and industrial), total
mil. of kw.-hr.Electric utilities total
do
By fuels
--.
- do
By water power
do
Privately and municipally owned utilities
mil. of kw.-hr__
Other producers
_
_do
Industrial establishments, total
do
By fuels
_.
__do
By water power
do
Sales to ultimate customers, total (Edison Electric
Institute)
mil of kw -hr
Commercial and industrial:
Small light and power
do
Large light and power
do
Railways and railroads
do
Residential or domestic
do
Rural (distinct rural rates)
do
Street and highway lighting
do
Other public authorities
do
Interdepartmental
do
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous of dol
39, 710
34, 203
24, 302
9,901
36, 768
31, 536
22, 075
9,461
38, 568
33, 040
22, 597
10, 443
36, 736
31,515
21, 553
9,962
37, 065
31, 824
22, 132
9,692
36, 052
31, 525
22, 366
9, 160
37, 007
32, 523
23, 785
8,738
39, 752
34, 361
25, 844
8,518
38, 759
33, 376
26, 019
7,357
40, 511
34, 821
27, 797
7,025
39, 351
33, 747
27, 225
6,522
42, 310
36, 452
28, 231
8,221
42, 656
36, 663
27, 402
9,261
29, 006
5,197
5,507
5,042
465
26, 717
4,819
5,232
4,766
466
27, 647
5,393
5,529
5,022
506
26, 559
4,956
5,221
4,753
469
26, 910
4,915
5, 240
4,745
496
26, 451
5,075
4,526
4,141
385
27, 249
5,274
4,484
4,159
326
28,860
5,501
5,391
5,026
365
28, 619
4,757
5,383
5,067
316
30, 227
4,594
5,690
5,422
268
29,338
4,409
5,604
5,361
243
31, 343
5,109
5,858
5,537
321
31, 432
5,231
5,994
5,571
4,423
29 217
28, 708
28,453
27, 766
27, 178
26, 856
26, 914
28,781
29, 440
29, 279
29 364
30, 676
5,124
13, 797
523
8, 170
503
348
717
35
5,048
13, 700
488
7,902
496
318
722
35
4,945
13, 869
504
7,548
544
298
710
35
4,792
13, 764
458
7, 157
598
268
698
30
4,767
13, 669
444
6,679
639
249
691
40
5,046
13, 069
404
6,544
800
236
713
44
5,361
12,638
396
6,567
994
242
671
45
5.583
14, 097
401
6,657
1,061
262
675
45
5,501
14, 681
398
6,817
1,015
287
698
43
5,236
14, 823
426
6,950
766
321
714
44
5,185
14,611
433
7,446
605
341
709
34
5,414
14, 888
480
8,259
525
363
714
32
522, 258
514, 575
504, 334
494, 080
486, 460
488, 551
493, 359
512, 716
521, 495
521, 103
527, 280
550, 592
GAScf
Manufactured and mixed gas (quarterly):
Customers end of Quarter total
thousands
Residential (incl house-heating)
do
Industrial and commercial
do
Sales to consumers total
mil of therms
Residential
do
Revenue from sales to consumers, total
thous of dol
Kesiue i a (,
.
;ai
"
^0
Natural gas (quarterly):
Customers end of quarter total
thousands
Industrial and commercial
do
Sales to consumers, total
mil. of therms. _
Residential (inch house-heating)
do
Revenue from sales to consumers, total
thous of dol
Residential (incl house-heating)
do
r
7 932
7 376
551
1, 156
785
353
7,336
6 819
512
809
491
308
6,713
6,243
468
540
268
263
165 655
121 287
42' 851
120, 928
86 277
33, 743
83, 954
57, 416
25, 932
17, 553
16 101
1,434
14, 861
6, 409
8,037
18, 145
16 694
1,433
11, 113
3, 212
7, 529
18,899
17,441
1,438
9,576
1, 329
7,630
648 863
416, 815
222 670
434, 422
236, 113
190, 375
315,515
126, 145
176, 242
!
Revised.
Based on 1. c. 1. shipments. Data prior to September 1952 are for carlots.
*New series Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
fRevised series: Data are estimated total factory shipments of finished paint, varnish, and lacquer. Figures supersede those shown in the SURVEY prior to the June 1952 issue,
which did not measure total shipments.
§ See note "1" in the February 1952 SURVEY and earlier issues regarding changes in classification and coverage beginning with data for January 1951.
{Unpublished revisions for January-July 1950 and 1951 for electric-power production will be shown later.
tfAll sales data formerly expressed in cu. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue for
1932-44 will be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY; those for the first 2 quarters of 1951 will be shown later.
SUKVEY OF CUKRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-27
1953
1952
January
February
March
April
May
June
July
August
September
October
November
December
January
7 132
7 182
10, 597
6 844
6,852
10, 132
5 787
5 908
9,598
6,686
6, 774
9,096
6 621
5 707
9,606
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production
thous. of bbl
Tax-paid withdrawals
do
Stocks, end of month
do
Distilled spirits:
Production
_ _ thous. of tax gal
Consumption, apparent, for beverage purposes
thous. of wme gal
Tax-paid withdrawals
thous. of tax gaLStocks, end of month .
do
Imports
thous. of proof gaLWhisky:
Production
thous. of tax gaL.
Tax-paid withdrawals
do
Stocks, end of month
. __ do ._
Imports
thous. of proof gal
Rectified spirits and wines, production, totalc?
thous. of proof gal_.
Whisky
do
Wines and distilling materials:
Sparkling wines:
Production
_ _ _ -thous. of wine gal
Tax-paid withdrawals
do
Stocks, end of month
.do
Imports.do__ _
Still wines:
Production
do
Tax-raid withdrawals..
do
Stocks, end of month
do
Imports
- - do
Distilling materials produced at wineries.. .do
6,971
6,447
9,303
6,607
5,604
9,895
7,326
6,099
10, 663
7,439
6,744
10, 891
7 962
7,381
10, 941
17, 033
15, 547
15, 009
14, 194
11,642
8,577
6,444
6,453
9,837
20, 691
12, 265
10, 558
10, 321
12, 038
6,588
932, 578
1,254
12, 459
7,747
936, 420
1,210
14, 449
9,757
940, 071
1,515
13,905
14, 618
9,573
9,345
941, 057
940, 432
' 1, 314
1,362
13 119
9,721
937 156
1,326
13, 140
9,972
932, 414
1,229
13, 432
8,006
929, 033
1,088
15, 322
11, 509
921 480
1,575
19, 463
15,909
909,081
2,048
18, 966
15,013
898 143
2,360
22,785
10, 216
894, 495
2,204
8,872
829 357
9,548
4,095
765, 029
1,129
9,114
4,646
767, 819
1,102
8,648
5,536
768, 745
1,401
8,045
4,997
769, 763
1,208
6,793
4,546
769, 996
1,265
4,823
5 026
767, 558
1 234
2,515
4,322
763,490
1 141
2,677
3 980
760, 079
979
3,208
6 204
754, 200
1 443
3,683
3,859
9,053
8 312
737, 913
745, 181
2 162
1 826
5,100
4,348
6,091
5,410
7,090
6,186
6,944
6,037
7,422
6,469
7,024
6 150
7,590
6 389
5,936
4 785
8,585
7 504
11, 446
10 116
11,536
10 455
7,732
6 614
141
76
1,365
41
67
61
1,354
27
55
59
1,334
31
201
69
1,458
31
129
71
1,510
36
102
86
1,515
35
63
73
1,503
28
100
78
1,518
29
62
112
1,467
40
90
158
1,384
64
82
182
1,274
86
96
2,937
10, 704
222, 569
391
6,253
1,368
10, 630
210, 203
292
626
1,462
11,411
199, 116
416
456
1,644
10, 453
189, 087
427
770
1,640
9,368
181,416
365
126
853
9.120
170, 606
360
155
547
7,980
162, 733
272
1,758
1,741
8,440
153, 728
297
68, 706
20 940
11, 993
162 350
324
49, 009
66 382
13 822
219 565
513
124, 199
25 764
12, 333
233 390
589
55, 656
93,095
6,505
.738
104. 120
10, 522
.714
134, 980
30, 821
.693
130, 210
68, 616
.690
121, 465
99, 751
.714
108, 320
111, 400
.737
94 885
111,319
.732
89 575
102, 177
.716
76 420
83, 951
.699
86,350
59, 025
155, 195
133, 815
2,832
103, 235
75, 075
158, 949
139, 705
3,263
139, 160
107, 525
185, 927
164, 654
1,904
139 870
109 780
217, 604
192 920
2,942
121 925
94, 815
239, 632
211,477
3,873
112 370
85, 340
253,563
222, 933
3,502
99 235
73 905
262, 467
231 503
6,486
89 090
63 270
256, 885
225 317
5 939
.429
.423
.429
.435
.436
.444
.465
463
17,600
7,350
205,000
21,250
4,500
261, 850
36, 920
4,200
369,500
27,400
4 750
349, 000
20,660
3 500
273, 250
21,200
14, 600
r 3 250
3 650
277, 200 ' 243, 500
10, 250
3 725
208, 000
' 7, 482
8,354
480, 266 ' 508, 805
8 975
8 412
10, 962
10 116
9,266
11,190
8 634
8 159
11, 126
5,782
6,836
5,676
5 320
735, 175 734, 248
1 977
6 103
5,091
589
DAIRY PRODUCTS
Butter, creamery:
77,980
78, 795
Production (factory)t
.thous. of Ib
7,879
13, 874
Stocks, cold storage, end of month
do
.845
.803
Price, wholesale, 92-score (New York)_dol. perlb..
Cheese:
70, 170
70,860
Production (factory), total J
thous oflb
47, 125
45, 955
American, whole milkt _ _
do
166, 040
193, 272
Stocks, cold storage, end of month, total. _. do
142, 945
167, 824
American, whole milk ...
_
do
4,895
3,385
Imports
do.Price, wholesale, American, single daisies (Chi, .444
.436
cago)-.
dol. per Ib
Condensed and evaporated milk:
Production:!
Condensed (sweetened):
13,400
14, 400
Bulk goods
thous. oflb..
6,550
6,400
Case goods©
do
157,000
163,800
Evaporated (unsweetened), case goods. .do
Stocks, manufacturers', case goods, end of month:
6,585
7,388
Condensed (sweetened)
thous. oflb..
' 140, 625 '74,266
Evaporated (unsweetened)
do
Exports:
6,856
3,215
Condensed (sweetened)
do
5,731
7,025
Evaporated (unsweetened).
do
Prices, wholesale, U. S. average:
10.80
10.80
Condensed (sweetened)
dol. per case..
6.34
6.25
Evaporated (unsweetened).
do___.
Fluid milk:'8,151
'8,151
Production
mil. of Ib
2,706
2,731
Utilization in mfd. dairy productb
_ ..do
5.44
'5.49
Price, dealers', standard grade
dol. per 100 lb_.
Dry milk:
Production: t
7,415
6,830
Dry whole milk _
_ thous. of Ib
45, 350
49, 250
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
' 16, 769 r 14, 605
Dry whole milk
.
' 29, 688 '24,451
Nonfat dry milk solids (human food)
do
Exports:
3,494
3,663
Dry whole milk...
do
1,639
7,908
Nonfat dry milk solids (human food)
do
Price, wholesale, nonfat dry milk solids (human
.152
.156
food), U S. average..
dol. perlb..
8,237
* 7, 726
7, 975
' 8, 339
9,540
76,443 ' 112, 232 ' 264, 340 ' 392, 212 ' 417, 109
95 855
106 095
' 72, 723 87, 503
.678
.670
84 840
78 110
55 330
53 290
242, 509 r 238, 803
210 029 r 205 178
4 454
5 699
87 355
58 765
227, 333
194 514
457
431
427
9 050
3 275
167, 100
10 100
4 575
171, 750
170,600
7,190
7,519
493, 073 ' 447, 175
8,320
382, 563
8,662
313, 741
4,729
5,676
2,301
8,296
2,656
8.031
1,528
10,351
2,321
10, 570
1,665
9,029
1 484
6,764
1 361
12, 342
1 071
7,740
365
6,539
10.80
6.38
10.80
6.39
10.80
6.32
10.80
6.30
10.80
6.33
10.80
6.38
10.80
6.39
10.80
6.40
10 80
6.39
10 80
6.33
' 9, 421
3,292
'5.47
' 10, 134
3,823
5.33
' 12, 056
5,061
5.26
'11 879
4,972
'5.22
'11,017
4,439
5.33
r g 664
' 10 238 r 9 126
4,062
' 3 553 3 247
5.43
'5.54
'5.65
r 7 g91
r g ggg
r 2 769
5.70
3 250
5.63
8,540
67,800
8,945
82,050
11 035
120,850
13 570
115, 875
9 950
85,300
4 840
43,000
65, 950
' 13, 344
' 34, 662
9 900
70,650
6 175
50, 590
5 475
45,100
E
e f\Crt
6.27
Q
7A«
3 458
5.50
QJfk
'14,518 '16, 761 '19 287 '21 385 ' 23 963 ' 22 273 ' 20 212 17 009 '15 181
' 54, 813 ' 108, 576 ' 150, 593 ' 162, 150 ' 167, 428 ' 153, 762 ' 135, 177 ' 124, 553 ' 127, 715
5,371
4,305
2,499
4,415
2,842
9,839
5,118
2,303
3, 453
3, 567
2,921
5,824
2,599
2,515
3 186
3,365
3 695
4,196
3 694
8,851
.159
.163
.163
.163
.165
.165
.167
.166
.166
.164
78,000
132, 265
.163
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
.-thous. of bu__
i 92 696
0 CAQ
2,449
2 047
Shipments carlot
no of carloads
1 450
2 008
935
405
283
289
1 439
5 520
16, 014
2,894
10, 753
5,983
Stocks, cold storage, end of month._thous. of bu_.
1,037
153
282
238
6,221
26,892
24, 941 ' 20, 061
15, 275
11, 548
10, 472
11, 397
Citrus fruits, carlot shipments
no. of carloads..
11, 218
12, 605
9,709
9,561
5,994
5,131
5,345
6,417 ' 13, 280 10, 892
Frozen fruits, stocks, cold storage, end of month
471, 101 466, 735 475, 636
thous. oflb._ 465, 137
580, 264
537, 679
578, 699
593, 518
556, 897
532, 993 493, 402 ' 455, 479
473, 452
Frozen vegetables, stocks, cold storage, end of
444, 409 398, 699 348, 023 313, 708 301, 739 336, 911 385 494
month
thous. oflb
463 Oil
530 091
576 522
569 974 ' 534 933 4.QA ry%Q
Potatoes, white:
1 34.7 5Q4
Production (crop estimate) %
thous. of bu__
22,043
18, 556
Shipments, carlot
_
_
no. of carloads
13, 534
24 094
24,138
12 825
13 037
12 335
16 473
21 436
17 274 T i o 979 ~ ~ r r ~ ~ ~ ~ ~
Price, wholesale, U. S. No. 1 (New York)
6.875
dol. per 100 lb._
6.660
5.820
6.025
4.844
5.570
6.708
7.025
4.792
6.188
5.481
'4.971
5.367
r
Revised
* December 1 estimate.
cf Figures beginning July 1952 exclude production of wines and vermouth; for July 1951-June 1952, such production totaled 91,000 gallons.
^Revisions for production of dairy products prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for
condensed ana evaporated milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later. Revised estimates for production of potatoes for 1944-49 are
shown in corresponding note in the September 1952 SXTRVEY.
©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.
SUKVEY OF CURKENT BUSINESS
S-28
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
February
March
April
May
June
1953
July
August
October
November
' 38, 870 ' 45, 025
40, 261
56,484
i 227, 008
7,659
Septem-
December
January
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu_, ' 54, 609
Barley:
Production (crop estimate) t
do
9,710
Receipts, principal markets
do
Stocks, domestic, end of month:
22,042
Commercial
- do _ On farmst
do
930
Exports, including malt
do
Prices, wholesale (Minneapolis) :
1.638
No. 2, malting
dol. per bu._
1.471
No 3 straight
do ..
Corn:
Production (crop estimate) J
mil. of bu
Grindings wet process
thous. of bu
Receipts, principal markets
-do
Stocks, domestic, end of month:
Commercial
__ .
do
On farmst
mil of bu
Exports including meal
thous. of bu
Prices, wholesale:
No. 3, white (Chicago)
dol. per bu__
No 3 yellow (Chicago)
do
Weighted average, 5 markets, all grades. .do
Oats:
Production (crop estimate) t
Receipts, principal markets
Stocks, domestic, end of month:
Commercial
mil ofbu
thous. of bu.do
Exports including oatmeal
do
Price,wholesale,No.3,white(Chicago)-doLperbu.Rice:
Production (crop estimate)!
thous of bu
California:
Receipts, domestic, rough
....thous. of lb._
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis) , end
of month
thous. of lb__
Southern States (Ark., La., Tenn., Tex.):
Receipts rough at mills
thous of Ib
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
' 57, 084
' 69, 324
50,863
••52,903
'38,061
' 22, 169
35, 649
9,481
7,787
7,194
7,909
6,172
10, 110
23,234
11,264
8,613
8,294
21,005
16, 385
14, 646
17,899
16, 967
1,187
3,560
5,575
20, 085
132, 890
'6,207
18, 989
2,305
14, 798
2
38, 046
880
14, 861
3,903
19, 160
77, 962
4,024
'4,367
1.549
1.407
1.492
1.331
1.423
1.308
1.443
1.234
1.530
1.316
1.612
1.430
1.709
1.648
1.626
1.480
1.631
1.545
10, 002
32, 248
10, 486
27, 248
10, 745
18, 316
10, 487
17, 358
9,964
20, 041
9,557
14, 293
10, 194
18, 206
11,006
21, 567
58, 785
63, 778
40, 813
17, 167
7,532
6,859
32, 526
599.7
' 4, 375
20,772
'4,839
61, 849
1, 052. 7
' 10,833
50, 173
' 8, 567
' 3, 689
2,854
(3)
1.913
1.597
1.998
1.802
1.587
(3)
1.847
1.637
1.868
1.818
1.731
(3)
1.842
1.756
1.900
1.830
1.763
(3)
1.808
1.735
6,420
5,826
6,805
6,602
11, 715
9,130
21, 186
17,065
9,057
11, 966
208
.992
'493
.912
11,785
519, 236
778
.931
215
.887
120, 540
80, 214
131, 132
129, 926
120,622
73, 485
50, 534
65, 063
10, 858
44, 823
6,877
11, 902
3,829
13,415
99,177
4,237
1.598
1.505
1.612
1.457
1.581
1.456
12,095
48, 645
10, 769
56, 549
1 3, 307
9,965
33, 489
10, 700
22, 037
18,186
171. 4
5,275
31,204
60,880
16,005
62, 039
2, 173. 2
22,183
51, 032
7,237
(3)
1.808
1.764
(3)
1.760
1.716
(3)
1.586
1.571
(3)
1.575
1.569
(3)
1.630
1.597
2.081
1.605
1.573
21, 604
22,030
10, 705
5,573
4,735
11,268
13, 979
24, 101
30, 814
26, 546
328
.829
319
.865
34, 204
1,006,932
223
.920
30, 140
588
.908
16, 038
2 245, 772
378
.833
312
.907
278
.904
65, 414
35, 882
74, 247
33, 526
28, 695
36, 124
23,302
41, 993
12, 593
3,298
177,837
61,546
154, 481
66, 808
110, 166
93, 444
88,012
69, 705
7,276
12,153
65,882
107, 170
90, 015
80, 077
2
25, 041
791, 661
279
.919
6,708
21, 592
.881
1 108, 133
76, 825
42, 642
54, 187
25, 175
32, 838
48, 200
30,032
209, 432
158, 633
125, 522
125, 513
129, 682
181, 874
187, 253
217, 515
134,497
277, 223
91, 122
211, 604
11, 757
108, 570
Exports
do ._
Price, wholesale, head, clean (N. O.)_.dol. per lb__
642, 963
89, 502
.100
598, 059
193, 280
.105
511, 299
104, 199
.105
442,860
129, 517
.105
285, 248
259, 380
.105
153, 772
121, 058
.105
61,979
141, 312
.105
51, 859
.105
101, 657
.104
199, 214
.105
149, 231
.106
203, 331
'.108
.108
Rye:
Production (crop estimate) t _ _
thous. of bu_.
Receipts principal markets t
do
Stocks, commercial, domestic, end of month. do
Price, wholesale, No 2 (Minn.)
..dol. per bu._
741
6,136
2.036
636
5,844
1. 915
864
5,321
2.027
480
2,825
1.945
1,163
' 2, 024
1.928
547
1,278
2.038
2,449
1,568
1.972
1,770
3,210
1.951
815
3,285
1.861
328
' 2,917
1.914
302
2,698
1.978
115,910
2,470
2,892
1.920
321
2,685
1.831
Wheat:
Production (crop estimate), total J
"Winter wheat
Receipts, principal markets
mil. ofbu..
do
thous. of bu_.
Stocks, end of month:
Canada (Canadian wheat)
do
TTnired States domestic totalcft
do
Commercial
do
Interior mills, elevators, and warehouses
thous. of bu_e c pnr
• ^. ,
Exports, total, including
Wheat only
flour...
do
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. perbu..
No. 2, hard winter (Kansas City)
do
No 2 red winter (St. Louis)
_ _ do
Weighted avg., 6 markets, all grades
do
26, 284
29, 072
24,341
341, 104
22, 191
216, 427
213. 163
144, 640
202, 169
517, 914
124, 865
202, 564
163, 161
' 47, 844
' 42, 203
' 44, 897
41, 297
2.546
2.519
2.555
2.471
2.505
2.492
2.547
2.422
23,598
87, 348
269, 976
149,329
59, 153
43, 666
211, 559
189, 545
190,469
279, 426
308, 618
224, 407
1, 344, 121
313, 561
101, 851
195, 182
208, 850
2 255, 594
' 88, 937 2 93, 924
112,357
80,760
197, 895
53, 349
49, 049
39, 759
36,154
••41,731
* 38, 563
2 57, 879
2 39, 568
263,079
' 32, 205
' 27, 973
21,417
17, 232
26, 831
23, 385
365, 177
150, 243
510, 819
' 27, 154
' 22, 744
2.540
2.496
2.492
2.436
2.503
2.492
2.440
2.414
2.485
2.446
(4)
2.405
2. 505
2.306
2.104
2.350
2.547
2.251
2.154
2.314
2.447
2.323
2.211
2.413
2.470
2.409
2.288
2.474
23, 804
U,291.4
i 238. 6
i 1, 052. 8
23, 372
21, 383
248, 742
242, 463
237, 465
' 293, 700
276, 075
251,212
1,102,932
259, 257
' 33, 051
' 29, 193
20, 149
16, 146
311,409
128, 199
399, 412
29, 786
24, 547
2.504
2.416
2.329
2.519
2.541
2.458
2.306
2.567
2.533
2.445
2.329
2.568
23, 399
261, 241
240, 968
2.490
2.402
2.380
2. 530
Wheat flour:
Production:
19. 783
19,099
19, 177
18, 101
21, 212
18,065
18, 990
19, 714
18, 671
17, 599
18, 519
17, 920
21, 081
Flour
-thous. of sacks (100 lb.)_.
87.3
78.2
88.9
79.3
77.5
86.4
79.1
76.5
75.3
82.3
84.7
73.6
82.7
Operations percent of capacity
398, 000
377, 270
380, 000
396, 826
424, 466
Offal
short tons.. 429, 296 376, 243 364, 216 362, 804 352. 881 367, 535 387, 693 386, 219
45, 968
44, 530
44, 698
42, 234
44, 107
42, 217
41,096
42, 025
49, 683
43, 458
45,901
43, 337
49, 088
Grindings of wheat
thous. ofbu..
Stocks held by mills, end of month
4,152
4,834
4,360
5.033
thous. of sacks (100 lb.)_.
2,248
1,893 ""~1,"656~ ~"~~i,~ 718"
1~547~ ~~~T360~
' 1, 816 "~"l~796~ ~~"l,~479~
1,845
~~~~i,~545~ """I," 992"
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)*
5.769
5.505
5.585
' 5. 825
5.635
5.630
5.590
5.830
5.390
5.720
5.675
5. 865
5.935
dol. per sack (100 Ib.)
5.525
5.625
5.225
5.525
5. 225
5.375
5.500
5.500
5.325
5.600
5.650
5.600
5.575
Winter, hard, short patents (Kansas City) *_ . do. l
'2 Revised.
December 1 estimate.
Old crop only new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
« No quotation.
JThe indicated grain series have been revised as follows: Production—barley, corn, oats, 1944-49; rye, wheat, 1945-49; rice, 1949; stocks on farms—barley, corn, oats, 1944-49; wheat, 1945-49;
domestic disappearance of wheat and total United States stocks of domestic wheat, 1945-49. All revisions will be shown later.
tRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, see
note marked "t" on p. S-28 of the October 1951 SURVEY.
cfThe total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
*New series. Data prior to February 1951 will be shown later.
SURVEY OF CUEEENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-29
1953
1952
January
February
March
April
May
June
July
August
September
October
November
December
January
523
1,252
2,023
250
453
1,313
1,877
184
28 77
20. 50
29 00
26 04
21.73
30 49
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected) :
382
Calves
_
thous. of animals.1,096
Cattle
do
Receipts, principal markets ...
do...
* 1, 697
133
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
34.25
Beef steers (Chicago)
dol. per 100 Ib
31.19
Steers, stocker and feeder (Kansas City)..do
36.50
Calves, vealers (Chicago)
do
Hogs:
Slaughter (Federally inspected)
thous. of animals. - r 6,835
4, 375
Receipts, principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
17.42
dol. per 100 lbHog-corn ratio
10.4
bu. of corn equal in value to 100 Ib. of live hog. .
Sheep and lambs:
Slaughter (Federally inspected)
thous. of animals. . r 1,042
1, 161
Receipts, principal markets
do
123
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
30.25
Lambs, average (Chicago)
.dol. per 100 lb..
Lambs, feeder, good and choice (Omaha) _ .do
0
343
985
1,481
158
397
927
1,473
143
405
938
1,581
128
388
1,009
1,593
155
392
966
1,584
152
430
1,100
1,898
185
426
1,135
2,078
338
496
1,215
2,641
563
602
1,390
3,101
1,088
510
1,151
2,379
667
33.78
32.06
37.00
33. 41
31.99
38.50
33.39
31.32
37.00
33.29
32. 06
36.75
32.22
27.21
34.50
32.53
25.24
32.00
32.52
25.17
32.00
32.19
23. 57
31.50
32 09
22.76
33.00
31 37
22.31
33 00
5, 779
3,626
5,776
3,561
5,281
3,163
4,482
2,800
4,259
2,771
3,641
2,268
3,592
2,203
4,290
2 540
5,492
3,099
5,772
3 326
7,251
4 233
6, 267
3,571
17.07
16.56
16.58
19.61
19.25
19.96
19. 98
19.11
18.55
16.76
16.52
17.98
10.4
10.1
9.8
11.8
11.2
11.6
12.1
11.2
12.2
11.5
10.7
12.0
990
971
109
971
988
119
941
1,068
131
939
1,070
141
926
1,045
133
908
1,067
176
1,020
1,455
479
1,243
2,119
722
1,427
2,228
788
1, 069
1,289
319
1,218
1,267
203
1,289
1,295
147
26.88
28. 88
0)
0)
28.12
0)
28.38
0)
28. 38
24.25
28.62
24.63
25.50
23.10
23.88
21.25
22.62
20.50
21.62
19.18
21. 50
20.52
1, 557
1,320
65
1,476
1,201
62
1,444
1,161
44
1,418
983
49
1,395
825
50
1,527
696
37
1,819
636
55
1,742
r
779
59
2,127
1, 046
59
1,999
1,035
566, 992
252, 350
892
610, 297
224, 432
1, 636
582, 712
201, 504
1, 531
659, 036
171, 444
1, 666
669, 445
167,437
1,240
713, 624
184, 158
1,150
801, 489
214, 594
1,365
662, 271
252, 306
1 153
28.00
0)
r
MEATS
Total meats (including lard):
1,977
1, 715
1,656
Production (inspected slaughter)
mil. of lb_.
1,264
1,313
1,146
Stocks, cold storage, end of month
do .
94
113
115
Exports
do
Beef and veal:
557, 237
593, 420
Production (inspected slaughter)
thous. of lb_. 656, 307
256, 247
265, 700
267, 437
Stocks, cold storage, end of month
do
660
1,116
1,006
Exports
do
Price, wholesale, beef, fresh, steer carcasses, choice
.571
.562
.560
(600-700 Ibs.) (New York)
dol. per lbLamb and mutton:
50, 536
48, 201
48, 986
Production (inspected slaughter)
thous. of lb..
13, 840
14, 896
13, 532
Stocks cold storage, end of month
do
-'Port:, including lard, production (inspected
' Daughter)
thous of Ib 1,269,791 1,072,252 1, 050. 706
Pork, excluding lard:
931,607
759, 957
771, 472
Production (inspected slaughter)
do ..
704, 992
822, 006
793, 870
Stocks cold storage end of month
do
10, 337
8,512
7,675
Exports
- do
Prices, wholesale:
. 546
. 526
.527
Hams, smoked, composite
dol. perlb..433
.448
.423
Fresh loins, 8-12 Ib. average (New York).. do
Lard:
220, 934
213, 346
Production (inspected slaughter)
thous. of lb_. 248, 037
49, 284
70, 803
53,816
Stocks cold storage end of month
_ _ _ do _.
96, 445
79, 627
100, 339
Exports
.
.
...
..do _ .
.175
.175
.153
Price, wholesale, refined (Chicago) ... dol. per Ib..
r
r
735, 078
286, 299
1 319
775, 091
289, 267
.564
.559
.540
45, 703
13, 067
45, 306
16, 141
41, 392
14, 902
38, 601
11,814
43, 880
11,318
52, 839
12, 553
944, 623
820, 518
819, 934
720, 191
681, 587
760, 409
955, 425 1,031,841 1, 335, 205 1,162 504
682, 678
823, 741
7, 997
594, 319
727, 665
8, 655
601,250
685, 033
9,285
525, 855
542 707
10,833
506, 990
407, 558
5,892
571, 228
290, 931
5, 673
715,279
234 894
5,768
.569
.535
.585
.552
.531
.430
.531
. 550
. 534
.559
.616
. 612
. 562
.571
.569
.556
.545
61, 726
16,002
47, 505
17, 580
. 569
. 515
765, 850
319 643
7 386
.514
r
984, 200
r 489 ] 52
8,742
r
.552
.449
191,803
88, 821
51. 552
.145
165,818
105,749
46, 395
.145
160.274
132,041
29. 038
.145
141,823
132,583
32, 421
.140
127, 696
124, 296
37, 288
.138
138, 047
109, 157
26, 611
.143
175, 664
78, 992
43, 043
.143
194,381
85 925
46, 638
.133
56,616
21, 912
. 559
.402
.477
61, 371
21, 189
841 949
591 065
.582
.424
256, 269
124 073
44, 347
.113
234, 448
70, 745
' 278,
595
r
. 263
38, 884
259, 676
.310
r
.121
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of lb~Stocks, cold storage, end of month.
__.do
Price, wholesale, live fowls (Chicago) §_dol. per lb.
Eggs:
Production, farm
millions..
Dried egg production
. _ _ _ . . _ thous. of lb->
Stocks, cold storage, end of month:
Shell
thous. of cases
Frozen
thous. of Ib
Price, wholesale, extras, large (Chicago)
dol. per doz..
35, 651
300, 000
.275
35, 067
270, 397
.295
42, 273
232, 832
.295
41, 462
194, 965
.258
58, 058
185, 688
.225
52, 212
174, 040
.218
47, 806
157, 045
.215
52, 536
144, 508
.235
64, 955
182, 786
.245
81, 748
279, 191
.225
74,618
294, 424
.250
'T 5, 362
1,073
5,716
1,681
6,441
2,325
6, 191
2,220
5,983
2,037
5, 032
1,427
4, 463
1,571
4,155
1,140
4,108
1,069
4,402
758
4,510
957
5, 063
685
5,441
442
238
53, 055
942
60,576
1, 596
84, 295
2,184
111,185
3,184
145, 863
3 357
166, 419
2 728
163,359
2 169
144, 326
1 709
123, 661
1 000
95 333
393
72 462
r 153
«• 50 176
115
34 867
.398
.364
.382
.396
.359
.404
.525
.553
.553
.631
.560
.489
.454
MISCELLANEOUS FOOD PRODUCTS
89, 249
78, 125
Confectionery, manufacturers' sales*. -thous. of doL.
84, 067
54, 335
74, 423
60,318
47, 200
101,394
101,012
60, 948
99, 443
113, 374
86, 547
Cocoa:
Imports _ _ . _ . _ _
.
_ -. long tons. . 32, 672
30, 307
27, 023
24, 020
28, 764 ' 28, 786
12, 977
8. 705
13 272
9 043
37 144
4 210
.331
Price, wholesale, Accra (New York)_.dol. per lb_.
.381
.384
.358
.384
.378
.381
.354
.308
.318
.333
.340
.318
CofTee:
1,521
1,604
Clearances from Brazil, total
thous. of bags..
1,015
1,331
953
1, 024
1,177
1, 455
1,453
1, 450
1,601
1, 456
1,269
871
To United States
. . . do _.
899
626
758
624
566
924
719
1 045
803
846
817
788
658
955
966
850
Visible supply, United StatesJ
do
579
756
691
529
605
889
611
691
712
r
r
r 1 869
Imports
_
.
do _
2. 042
1,707
1,126
1, 981
2,280
1 454
1 615
1, 228
1,408
2 205
1 394
Price, wholesale, Santos, No. 4 (New York)
dol. per lb_.
.550
.548
.550
.535
.530
.533
.545
.548
.545
.535
.540
.538
.541
Fish:
23, 139
Landings, fresh fish, 5 ports
thous. of lb_.
29, 224
37, 963
51, 4/8
58, 606
64, 754
72, 504
76, 851
54, 114
31, 529
26, 363
49, 126
148, 113
125, 704
Stocks. cold storage, end of month
do
113. 544
123, 762
113, 996
176. 254
210.658
192.817
170.263
183. 826
190. 493
200. 944
152.396
r
Revised.
* No quotation.
§Series revised to represent quotations for heavy type.
*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate predicts. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location. Revised data for
"anuary 1949-June 1951 are shown in corresponding note in the September 1952 SURVEY.
{For revised data for July 1949-October 1950, see note marked "J" on p. S-29 of the January 1952 SURVEY
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1955
1953
1952
January
February
March
May
April
June
July
August
September
October
November
December
January
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS—Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons.United States:
Deliveries and supply (raw basis):
Production and receipts:
Production
short tons
Entries from off -shore
do _ _ .
Hawaii and Puerto Kico
_.do
'683
1,883
3,033
4,033
4,423
4,388
3,970
3,645
3,320
2,895
2,620
2,170
1,970
84, 442
364, 959
72, 083
32, 439
293, 390
40,217
24, 680
692, 525
221, 145
29, 006
596, 991
180, 047
18, 150
673, 682
200, 747
46, 465
503, 896
142, 458
34, 190
617, 564
167, 422
9,971
573, 936
177, 671
91, 126
725, 621
237, 299
602, 545
387, 590
273, 166
732, .540
226, 961
108, 362
388, 838
194, 724
123, 853
69, 484
469, 755
149, 498
>-o71,731
Deliveries, total
do
r
569, 054
For domestic consumption
do
2,677
For export
do
Stocks, raw and refined, end of month
'1.616
thous. of short tons_
867
Exports, refined sugar.
_
short tons,.
Imports:
Raw sugar, total
do . _ _ 246,416
223, 704
From Cuba
do
22, 708
From Philippine Islands
do
544, 553
542, 900
1, 653
862, 480
860, 405
2,075
612, 641
608, 995
3,646
596, 990
595, 062
1,928
896, 355
894, 103
2,252
758, 308
755,061
3,247
734, 684
731, 376
3,308
744, 355
742, 146
2,209
680, 035
677, 919
2,116
519,868
518, 373
1,495
596, 070
593, 793
2, 277
576, 630
574, 789
1,841
1,473
1,122
1,241
11, 522
1,283
25, 423
1,400
31,620
1,114
28, 369
917
6,116
831
2,525
697
649
1,045
12, 376
1,518
r
625
1,602
527
1,587
401, 937
307,151
91,394
344, 860
281, 355
62, 886
436, 800
310,072
126, 728
346, 907
245, 485
' 83, 858
305, 205
240, 343
63, 861
124,473
96, 836
17,875
120, 331
102, 213
9,599
156, 891
129, 183
23,964
46, 738
43, 590
40, 675
35, 160
2,618
0
7,198
350
Refined sugar, total
From Cuba
Prices (New York):
Raw, wholesale
Refined:
Retail
Wholesale
Tea imports
..
do
do
-
dol per Ib
_
dol per 5 Ib
dol per lbthous. of Ib
TOBACCO
Leaf:
Production (crop estimate) J
mil. of Ib
Stocks, dealers' and manufacturers', end of quarter, total
mil. of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil. of lb_ _
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports, including scrap and stems
thous. of lb_Imports, including scrap and stems
do .Manufactured products:
Production, manufactured tobacco, total. __do
Chewing plug and twist
do
Smoking
do
Snuff
do
Consumption (withdrawals):
Cigarettes (small):
Tax-free
- - - millions
Tax-paid
do
Cigars (large), tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
thous. of lb_.
Exports cigarettes
millions
Price, whosesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination*
dol. per thous ..
275, 173
232, 234
42, 938
r
r
359, 836
' 199, 168
r
160, 667
356, 970
208,611
148, 359
r
10, 221
10, 220
22, 073
21,873
27, 245
26, 895
52, 053
51, 403
31,464
30, 664
36, 198
35, 524
38, 106
33,287
43, 038
41, 012
.058
.059
.063
.062
.062
.066
.066
.064
.065
.066
.064
.060
.595
.483
.081
' 7, 980
.480
.080
6,659
.476
.080
9,855
.489
.085
8,798
.492
.085
7,132
.492
.085
7,044
.494
.086
8,482
.494
.086
8,094
.495
.086
9,506
.495
.086
7,430
.495
.086
5,530
.494
.085
6,931
.493
.085
i 2 °07
4 493
4,245
3,828
3,951
402
387
362
343
3,648
3,244
3,410
S 961
33, 836
8 572
29, 752
8,862
19
176
25,891
7,466
18, 126
7, 685
27, 078
8,978
19
179
27, 497
7,987
26, 087
8,966
34, 730
9,619
18
161
50, 451
9,173
41,777
9,584
43, 055
r
8, 226
19
168
36, 739
7, 736
19, 884
7,516
8,619
3, 749
18, 553
7,253
7,826
3,473
17,912
6, 705
7, 729
3,478
18, 048
6, 898
7,852
3, 298
18, 892
7,328
8,456
3,109
18,444
7,324
7, 995
3,126
16, 319
6, 827
7,230
2,263
18, 554
7,011
8, 373
3,170
20, 051
7, 366
9, 406
3,279
21,342
7,936
9,781
3, 625
16, 123
6,378
6, 843
2. 903
16, 369
6, 469
6, 662
3, 237
4,141
33, 133
494, 556
2, 974
29, 308
446, 560
3, 107
29, 878
478, 101
2,889
31, 774
491, 964
3,348
32, 920
496, 512 ;
2,365
34,511
496, 450
2,833
33, 837
504, 045
4. 360
35. 972
485, 006
4, 325
34, 9.50
526, 696
4,294
37, 372
624. 867
3,408
30. 380
497, 950
2 859
30, 066
438, 744
19, 450
1,517
18, 490
1, 215
16, 759
1, 566
18, 076
941
18, 331
1, 492
18,443
1, 043
15, 744
1, 329
18, 787
1,810
19, 287
1,206
21,392
1,304
15, 357
1,244
14. 984
1, 626
17. Ml
3. 555
3.555
3. 555
3. 555
3. 555
3. 555
3. 555
3. 555
3. 555
3. 555
3. 555
3. 355
3. 355
16, 003
209
75
2, 648
2, 520
11, 963
194
90
2, 804
1, 100
13, 759
97
.450
.175
'.160
32, 608
480, 818
LEATHER AND PRODUCTS
\
HIDES AND SKINS
Imports, total hides and skins |
__thous. of Ib. .
Calf and kip skins
thous of pieces
Cattle hides J
do
Goatskins %
do
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins, packer, heavy, 9J-3/15 Ibs.* dol. per lb..
Hides, steer, heavy, native, over 53 Ibs.* do
12, 972
81
186
2, 307
668
10, 717
20
109
1,013
88U
10, 388
27
74
1, 770
1, 998
. 400
.140
.375
.133
.325
.128
I
i
:
i
:
12, 771
127
239
2,015
1, 565
19, 148
104
133
2, 419
4,224
19, 460
211
232
3, 416
1, 903
.275 j
.103 I
.388
.143
.388
.148
.425
.155
16, 447
109
128
1,812
3, 228
2, 790
2, 059
9,134 142
21 :
2,381 ;
720 •
14.149
182
r.Q
3,771
1, 195
.488
.160
.513
. 170
:
;
.488
. 105
.
. 488
. 120
LEATHER
Production:
769
717
685
914
967
732
792 !
703
805
1,046
847
Calf and kip
_
thous. of skins-1,827
1,879
1,802
1,782
1,880
1, 610
2 224
1, 753
1, 910
1,880
1 959
Cattle hide
_.._„.___. thous. of hides. _
2, 430
2, 417
2,595
2, 293
2, 338
2.440 ;
2,3-37
2,614
2, 939
2, 513
Goat and kid
, .
thous, of skins. _
2,315
1,911
2, 102 |
2, 291
2, 555
2, 279
2, 081
2,718
2, 953
2. 047
2.441
Sheei) and iamb
do
Exports:
Sole leather:
25
56
39
75
25
27
24
05
16 ;
10
8
60
Bends backs, and sides
thous. of lb .
35
49 i
20
73
45
70
92
113
13
43
51
Offal, including belting offal
do
2,134
1, 925
2,482
2, 587 j
2, 436
2,270
3, 125
2,512
2.818
2,288
2, 798
1, 549
Upper leather
thous. of sq. ft..
Prices, wholesale:
.705
. 690
.705
. 705
.670
.670
. 695
. 6S5
. 705
2.740
.710
.710
. 760
Sole, bends, light, f. o. b. tannery*-. -dol. per lb_.
Upper, chrome calf, B and C grades, f. o. b. tan.848
.968
.873
.842
.835 i
.805
.928
.955 ;
.987
.842
.890
.938
. 787
nery*
dol. per sq. ft._
T
Revised.
i December 1 estimate. 2 Specific ation chan ged: earliei- data not . trictly comparable.
tKevisioiis for tobacco (1944-49) are shown in no ;e marked J§" in the September 1952 SURVEY; those f or the indi cated serie s for hides and skins 1950) in ii ote marked "J" in tlie Octobc
1951 issue.
*Ncw series. Compiled by U. S. Department of Labor, Ptu eau of Lab or Statistics ; data prior to Augus t 1951 for sole leather and prior to Februar y 1951 for iipper will be shown I iter.
SURVEY OF CURRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-31
1953
1952
January
February
March
April
May
June
July
August
September
October
November
December
January
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:t
Production, total
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs
By types of uppers:^
All leather
do
Part leather and nonleather _
do
By kinds:
Men's
do
Youths' and boys'
do
Women's
do
Misses' and children's.
do _
Infants' and babies'
do
Slippers for housewear .
do
Athletic _ .._
-do
Other footwear
do
Exports§
_ . _ _ _-_
._do_-_
Prices, wholesale, f. o. b. factory:*
Men's and boys' oxfords, dress, cattle hide
upper, Goodyear welt
dol. per pair__
Women's oxfords (nurses'), side upper, Goodyear
welt
do), per pair _
WT omen's and misses' pumps suede split do
41, 306
42, 518
43, 967
43, 082
41, 436
39, 747
38, 520
46 552
44 100
46 341
38 932
42 033
38, 290
39, 133
40, 142
38, 879
37, 248
35, 408
33, 946
40, 703
37 842
39 185
32 659
37 303
33, 694
4,596
34, 081
5,052
34, 408
5,734
32, 658
6,221
31, 536
5,712
30, 735
4,673
29, 938
4,008
36, 385
4,318
33 906
3,936
35 057
4,128
29 080
3,579
32 750
4,553
8,577
1,263
19, 676
5,623
3,151
2,511
216
289
219
8,541
1,371
20, 365
5,667
3,189
2,851
233
301
321
8,531
1,374
21, 191
5,785
3,261
3,277
223
325
400
8, 613
1,369
20, 363
5,292
3,242
3,647
216
340
386
8,462
1,492
18, 973
5,168
3,153
3,626
209
353
352
8,279
1,586
17, 926
4,728
2,889
3,816
181
342
280
7,256
1,485
18 385
4,393
2,427
4,070
169
335
246
8,986
1,949
21,910
5,135
2 723
5,249
234
366
331
8 775
1 826
19 419
5 040
2 782
5 638
264
356
386
9 339
1,709
19 446
5 553
3 138
6 442
286
428
433
7 866
1,442
15 580
4 882
2 889
5 668
237
368
346
9 010
1 539
18 028
5 585
3 141
4 161
229
340
305
5.523
5.523
5.523
5.311
5.126
5.126
5.126
5.126
5.126
5.126
5.151
r 5. 214
v 5.214
4.678
3.801
4.861
3.767
4.861
4.678
4.646
4.646
3.700
4.479
3.700
4.479
3 700
4 479
3 700
4 479
3 700
4 529
3 700
f 4 629
3 716
v 4. 629
v 3 716
48 717
183, 140
r 67 746
200 342
48 534
227 340
40 949
255 581
44 363
24l' 379
61 470
243 479
2 960
658
2, 302
3,011
704
2,307
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports total sawmill products
M bd ft
Imports, total sawmill products
do
National Lumber Manufacturers Association:©
Production, total
mil. bd. ft
Hardwoods _
_
do
Softwoods
do
Shipments, total
do
Hardwoods
._ __ _ _ _
do
Softwoods
_
do
Stocks, gross (mill and concentration yards), end
of month total
mil bd ft
Hardwoods
do ___
Softwoods
~
do
SOFTWOODS
Douglas fir:©
Orders, new
__ do _
Orders unfilled, end of month
do
Production
__
_
do _ _
Shipments
do
Stocks, gross, mill, end of month
. do_ _
Exports, total sawmill products _ - _ M bd. f t _ .
Sawed timber
do
Boards, planks, scantlings, etc do
Prices, wholesale:
Dimension, No. 1 common, 2" x 4", R. L.
dol. per M bd. ft..
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per M bd. ft..
Southern pine:©
Orders new
mil bd ft
Orders, unfilled, end of month .
_ do
Production_
_ _
_
_ __ _
_do._
Shipments
do
Stocks, gross (mill and concentration yards), end
of month
mil. bd. f t _ _
Exports, total sawmill products.. --._ _ M bd. ftSawed timber
do
Boards, planks, scantlings, etc
..
do.
Prices, wholesale, composite:
Boards, No, 2 and better, I" x G" x R. L.*
dol. per M bd. ft .
Flooring, B and better, F. G., 1" x 4" x S/L*
dol. per M bd. ft
Western pine:©
Orders, now
mil. bd, ft._
Orders unfilled, end of month
do
Product ion
_
_
do
Shipments
do
Stocks gross mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3 common, l" x 8"
dol. per M bd. ft
45, 873
142, 814
94, 248
168, 653
2,743
567
2,176
2,777
574
2, 203
r
r
r
68, 809
209, 112
61,137
221, 006
3,162
612
2,550
3,217
612
2,605
3,030
604
2,426
2,996
604
2,392
3,158
614
2,544
2,999
558
2,441
3,196
630
2,566
3,030
569
2,461
3 398
705
2 693
3 305
656
2,649
3 464
701
2 763
3 450
685
2 764
3 528
692
2 836
3 496
720
2 776
3 030
708
2 293
2 883
618
2 265
2 857
630
2,227
8,016
3,075
4,941
8,046
3, 075
4,971
8,204
3,131
5,073
8,343
3, 192
5,151
8 436
3,241
5, 195
8 451
3,256
5 194
8 509
3,228
5 281
8 477
3 211
5 266
8 481
3,199
5 282
8 236
3. 152
5,084
806
961
860
835
993
«• 37, 177
9,292
r
27, 885
906
904
919
949
903
43, 300
19, 090
24, 210
727
848
746
771
878
32, 418
10, 498
21, 920
775
828
829
784
923
31,621
7,121
24, 500
900
990
778
727
948
19, 542
8,886
10, 656
865
921
920
920
948
36, 450
12, 369
24, 081
913
812
961
1 007
902
18, 856
7, 268
11, 588
919
758
943
929
945
r
15,843
7, 462
r
8, 381
768
755
795
759
982
14, 100
4 156
9,954
804
820
816
735
1,043
16, 455
4 984
11,471
878
879
848
805
991
82. 467
82. 887
85. 239
84. 840
84. 840
86. 303
86. 436
86. 576
86. 576
86. 310
84. 945
v 84. 682
126. 575
126. 575
125. 432
125. 759
124. 942
122. 868
121. 234
120. 418
120. 418
120. 418
122. 051
748
312
791
746
712
327
707
697
700
318
688
709
744
300
758
762
749
296
780
753
752
334
699
714
756
326
735
764
759
365
705
720
776
372
747
769
80°
376
787
798
677
670
681
590
295
708
676
1,621
8,878
1, 390
7,488
1, 631
11,975
2, 595
9,380
1, 610
10, 278
2, 400
7, 878
1, 606
10, 276
1,364
8,912
1,589
6, 477
1,928
4, 549
1, 574
5, 985
1, 351
4, 634
1, 552
5, 31 7
1 152
4, 165
1,541
4,300
1 104
3, 196
1, 530
6 163
1 776
4 387
1. 562
11 517
1 529
9 988
69, 791
203, 316
75, 651
190, 425
2,805
626
2,179
2,879
631
2,248
2,958
670
2,288
2,950
645
2,305
8,206
3,082
5,124
8,127
3, 077
5,050
8,106
3,075
5,031
883
1,030
799
752
971
15, 191
«• 9,143
r 0, 048
814
1,001
830
833
968
55, 541
17, 657
37, 884
81. 508
r
r
r
T
1, 633
11, 018
5. 665
>- 5, 353
r
1, 618
8,150
I, 993
6, 157
691
2 339
3'? ooi
r
' 124. 460 T 124. 460
7^8
39.Q
767
733
1, 506
80. 642
80. 196
79. 765
79. 676
79. 662
78.815
79. 250
80. 260
81. 483
81.572
81.921
*• 82. 113
v 81.503
155. 061
155.061
155. 061
155. 061
155. 061
155. 406
156. 068
158. 322
158. 358
158.971
158. 971
158. 971
P 159. 559
552
684
335
454
1, 690
490
472
365
441
1, 609
498
465
451
473
1, 585
608
fi()2
5f>4
579
1, 594
609
501
592
571
1, 615
680
548
698
633
1, 680
739
610
753
678
1,755
656
737
687
1 805
719
675
709
650
1 864
657
747
706
1 905
592
613
572
561
1 855
014
69S
4'o2
550
1 767
010
670
4' ) t'>
518
1 675
78.58
79.22
80. 39
82.10
82.28
83.51
83. 50
83.54
83 23
81 55
81 31
r £2 65
p g9 65
244,011
238, 911
92, 577
253, 003
260,815
85, 003
269, 857
209, 732
85, 350
282, 864
282, 070
85? 800
231,160
230, ] 55
86, 033
269, 066
273, 1 23
81, 849
2^4 756
21l' 998
92, 747
281,488
274 449
101, 103
292, 489
290 201
102 614
303. 863
303 237
103 498
235,
439
9
39 002
99* 507
266, 521
286,
535
9
^8 61 7
(
'7 0^9
SOFTWOOD PLYWOOD
Production
thous. of sq. ft., %" equivalent.Shipments
_
._
do
Stocks, end of month
_
do ___
r
r 9(>Q 455
r 96 265
HARDWOOD FLOORING
Maple, beech, and birch:
4 100
Orders new
M bd. ft
4,800
3, 550
3 600
3 550
3 575
2 850
3 450
4 050
3 900
3 6 50
3 800
Orders unfilled, end of month
do
13, 050
12, 250
11, 700
10, 700
10 200
9 600
9 700
q 6()0
9 650
9 500
9 600
9 650
9 3^5
Production
do
4,500
4,150
4, 350
4, 300
3, 650
3,400
3 000
4 000
3 900
4' 200
3 900
3 200
Shipments
. ___
. _
do__
4, 250
3, 800
3, 350
3,750
3, 650
2 950
3,550
3, 675
4 250
3*800
3 650
3' 350
4 0 50
Stocks, mill, end of month
_ ___ do
8.250
Q fi7K
in'nnn
in 9nn
in 97^
8.050
8.600
9.475
9. 575
9.400
8.900
8. 650
in ITS
r
Revised.
P Preliminary.
^Revisions for January-October 1950 are available upon request.
cf The figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc., in the distribution by types of uppers; there are further
small differences between the sum of the figures and the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available by
types of uppers.
§Excludes "special category" items.
*New series. Data are compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data prior to March 1951 (February 1951 for softwoods) will be shown later.
©Revised monthly data for 1948-50 will be shown later.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
February
March
April
June
May
1953
July
August
September
81, 178
61, 132
82, 021
84, 132
73, 260
October
November
December
87, 303
57, 998
91, 034
94, 691
69, 603
63, 707
56, 843
76, 794
74, 393
72, 004
73, 232
56, 093
72, 716
67, 982
76, 738
448, 197
39, 176
221,304
5, 133
•• 387, 319
19,790
177, 224
11, 767
439, 064
19, 692
205, 599
8,092
LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING—Continued
Oak:
Orders, new _
._ _ _ _ .. .
Orders, unfilled, end of month
Production
-._--.
Shipments
._ _ _ _ _
Stocks, mill, end of month
_
_
M bd. ft do
do
do
do
77, 919
56, 995
78, 657
73, 926
86,818
87, 840
67, 795
73, 094
77, 040
82, 872
80, 919
76, 931
75, 660
77. 366
81, 168
89,018
79,142
82, 922
84, 643
77,817
84, 306
78, 777
84, 953
84, 671
77. 257
64, 926
69, 938
79, 701
77, 844
77, 096
70, 446
66, 775
79, 941
79, 428
77, 609
75, 162
61, 721
80, 074
81, 531
75, 371
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, total
short tons
ScrapO
do
Imports total
do
Scrap
do
' 402, 302 ' 407, 617 r 502, 780
16, 247
17,074
21,992
182. 090
148, 562
235, 432
9,285
12,115
15, 169
' 483, 092 >• 529, 414 ' 340, 490
21, 200
29, 928
42, 058
119,661
' 99, 260 92, 539
13, 441
7,635
2,829
223, 832
54, 735
89, 559
4,805
' 302, 079 ' 367, 876
36, 708
21,991
111,957 ' 142, 336
7,601
8,024
Iron and Steel Scrap
Consumption, total§
thous. of short tons...
Home scrap
_ _ do
Purchased scrap
do
Stocks, consumers', end of month, total §..,..-.- do
Home scrap
do
Purchased scrap
do
6,549
3, 426
3,123
4,356
1,166
3,190
6,241
3,215
3, 026
4,697
1,153
3,544
6,611
3,407
3,204
5,072
1,178
3,894
6,004
3,027
2,977
5, 473
1. 236
4,238
6,014
3. 034
2, 980
5, 861
1,263
4, 598
2,295
985
1,309
6,245
1,272
4,973
2,201
906
1, 295
6, 590
1,299
5,291
6,127
3,060
3, 067
7,027
1,379
5,648
6,477
3,270
3,207
7, 045
1,388
5, 658
7,007
3,573
3,434
7,C33
1,428
5,605
6,676
3,444
3,231
6,936
1, 350
5, 586
6,820
3, 400
3, 330
6,910
1,329
5, 581
3,704
2,108
7,404
3, 605
2, 160
8,849
3, 714
2,341
10,236
9, 073
8,655
10, 629
13, 693
13, 769
10, 551
1,552
3,163
8, 940
2.783
1,805
9, 906
14, 974
15, 992
8,888
15, 912
16. 301
8, 500
14,271
15,588
7,183
9, 448
11,531
5,119
3, 260
2,970
5,449
0
7, 527
35. 927
30, 369
0,558
659
0
7,229
29, 207
24, 693
4,514
624
0
8,022
21,451
18,082
3, 369
674
6,532
6, 616
19, 592
16, 487
3, 105
687
12,497
6, 932
25, 904
22, 230
3, 675
699
2,487
1 , 403
27,170
22,611
4, 559
860
1,904
1, 544
27, 388
22. 904
4, 4X4
726
14, 368
7,243
34, 137
29, 449
4, 688
847
14, 389
7, 659
41, 532
36, 206
5, 326
1, 172
13,013
8,048
47, 839
41, 699
6, 140
1,065
9, 295
7,826
51,208
44, 318
6,890
1,012
427
8, 220
45, 172
39, 055
6, 116
746
78
70
73
80
63
47
58
63
64
90
88
157
1, 801
1, 199
694
1, 766
1,155
655
1,711
1, 172
661
1,614
1,205
653
1, 459
1,101
620
1, 446
835
502
1,410
636
432
1,513
1,002
602
1,451
1,119
626
1,392
1,233
684
1,309
1,061
590
1,316
1,142
619
202, 799
87, 003
54, 988
193, 061
82, 898
50, 129
196, 896
80, 960
49. 084
198, 215
89, 270
56, 337
180. 382
81, 770
51, 476
173, 353
74, 446
46,511
166, 517
45, 266
29, 675
162,832
63.716
39, 308
168, 367
75, 950
45, 849
168, 609
88, 062
52, 922
167,842
76, 099
46, 708
173, 494
80, 680
50, 485
6, 040
6, 106
5, 785
5, 756
6, 300
6,219
5, 225
5, 280
5, 492
5, 402
1, 068
1,110
1, 003
946
5, 831
5, 671
6,164
6, 007
6, 515
6, 510
6, 227
6, 128
6, 510
6, 367
1,761
1,764
1,789
1,715
1,729
1 , 669
1, 689
1,801
1,864
1, 830
' 1.897
1, 963
1, 920
53. 67
52.00
52. 50
53. 67
52. 00
52.50
53. 67
52. 00
52.50
53. 67
52. 00
52.50
53. 80
52. 00 i
52. 50 1
53. 81
52. 00
52. 50
54.26
52.00
52.50
56.31
54. 50
55. 00
56.31
54. 50
55.00
56.31
54. 50
55. 00
56.31
54. 50
55. 00
56. 31
54. 50
55. 00
' 54. 73
p 54. 50
v 55. 00
150, 232
113,997
24, 013
158,392
121,402
19, 930
165, 155
124, 626
22, 610
148, 259
110,467
22, 287
161,733
122, 166
25, 972
7,000
3,574
3, 426
6,628
1,315
5. 313
Ore
Iron ore:
All districts:
Mine production
thous. of long tons._
Shipments
. _ _ _ _ . . _
do
Stocks, at mines, end of month
do - Lake Superior district:
Shipments from upper lake ports
do
Consumption bv furnaces
do
Stocks end of month, total
do
At furnaces
. . .. ..
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content)
thous. of long tons. .
0
8,293
37. 077
31,967
5,110
Pig Iron and Iron Manufactures
Castings, gray iron:§
Orders, unfilled, for sale
thous. of short tons...
Shipments total
do
For sale
do
Castings, malleable iron:§
Orders unfilled for sale
short tons
Shipments total
do
For sale
do
Pig iron:
Production
thous of short tons
Consumption §
do
Stocks (consumers' and suppliers'), end of month §
thous. of short tons...
Prices, wholesale:
Composited"1
dol. per long ton
Basic (furnace)
do
Foundry, No. 2, f. o. b. Neville Island do
6, 564
6. 479
Steel, Crude and Semimanufactures
Steel castings:
119,036
174,626
173, 694
175, 075
173, 635
141, 628
183, 738
Shipments total
short tons
134, 325
97, 633
114,410
133, 602
131,997
132. 129
139, 488
For sale total
do
20, 752
33, 549
31,317
32, 118
35, 227 j 30, 455
36, 650
Railway specialties
do
Steel forgings :1
1, 471, 620 1, 464, 255 1. 359, 752 1, 349, 288 1, 318, 889 ! 1.248, 204 1, 289, 597
Orders unfilled, total
do
96, 828 '
176, 441 : 168, 286
190,774
155, 840 : 135, 398
187, 487
Shipments, for sale, total
do
69, 165 1
114, 271 i 101,861
125, 042
127, 768 i 125, 736
129, 761
Drop and upset
do
27, 663
42, 550
41. 569 i
33, 537
48, 673 \
61,013
62, 445
Press and open hammer
do
Steel ingots and steel for castings:
1,627
9,404
1, 639
9,136
8, 205 !
8,657
7. 991
Production
thous of short tons
18
89
102
90
18
101
99
Percent of capacity t
Prices, wholesale:
. 0476
.0471
.0471
.0471
.0471
. 0471
.0471
Composite finished steel
dol. per Ib
Steel billets, rerolling (producing point)
56. 00
56.00
56. 00
56. 00
56.00
56.00
56.00
dol. per short ton_.
.0400 1
. 0400 I
. 0400
.0400
.0400
.0400
. 0400
Structural steel (producing point)
dol. per lb._
Steel scrap, heavy melting (Pittsburgh)
44.00
44. 00
44.00
44.00
44.00
44.00 !
44.00
dol. per long ton._
2.1 ,399,969 1,391,998 1,393,137 M.398,863 1,207,058
180, 538
178, 475 'r 155, 630
2120,966
149, 642
2
133, 851
112, 622
130,515
79,535
107,966
46, 687
47,960
41 , 676
241,431
43, 008
8, 499
92
9,062
102
9,807
107
9,439
106
9, 690
106
9,897
99
.0498
.0498
. 0498
.0498
. 0498
. 0498
59. 00
. 0420
59.00
.0420
59. 00
.0420
59.00
.0420
59. 00
.0420
" 59. 00
p. 0420
44.00
44.00
44.00
44.00
44. 00
44. 00
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
4,949
5, 174
4,884
6,133
5,396
6,406
6,502
5, 733
7,484
7,052
7,737
8,126
7,570
Orders, unfilled, end of month
thousands. _
1,798
1,892
2, 046
1.964
2,277
1,629
2,188
1,655
2, 207
2, 117
1,961
2,008
i
2, 085
Shipments
do
48
62
36
28
34
25
41
35
59
48
51
58 '
66
Stocks, end of month
do
r
2
Revised.
*> Preliminary.
' See note marked "cf" for this page.
See note marked "1" for this page.
©Data beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplate, circles, strips, etc.
§Data beginning January 1951 are estimated totals derived from a survey of approximately 1,300 establishments by the Bureau of Mines and the Bureau of the Census.
cf Beginning January 1953, new weighting factors have been introduced and delivered prices eliminated. Quotations comparable with earlier prices may be derived by adding $1.58 (plus a
very small adjustment for any freight-rate increases) to the stated prices.
IData beginning August 1952 are estimated industry totals based on reports from producers whose shipments in 1947 accounted for 98 percent of total shipments; unfilled orders are for
commercial forgings only, i. e., exclude forgings for own use. Data for May 1951-July 1952 are as reported by producers whose shipments averaged 50 tons or more per month; unfilled orders
for this period include captive shipments.
JFor 1953, percent of capacity is calculated on annual capacity as of January 1,1953, of 117,547,470 tons of steel; 1952 data are based on capacity as of January 1,1952, of 108,587,670 tons.
SURVEY OF CURRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-33
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
METALS AND MANUFACTURES— Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—-Continued
Cans, metal, shipments (in terms of steel consumed),
total
short tons
Food
do
Nonfood
do
Shipments for sale
do
Commercial closures, production
millions
Crowns, production
thousand gross
Steel products, net shipments:
Total
thous. of short tons
Bars, hot rolled— Carbon and alloy. _
do
Reinforcing
do
Semimanufactures
do
Pipe and tubes
do
Plnies
do
Rails
do
Sheets
do
Strip— Cold rolled
do
Hot rolled
do
Structural shapes, heavy. _ _ _ _ _ _
do
Tin plate and terneplate
do
Wire and wire products
do
234, 372
143,997
90, 375
195, 980
976
22, 717
235, 648
144, 439
91, 209
199, 445
896
24, 316
266, 920
157, 279
109,641
228, 841
962
25, 357
287, 223
173, 414
113,809
240, 976
1,104
27, 774
277, 629
175, 158
102, 471
239,311
1,071
30, 241
333, 416
218, 947
114,469
287,127
1,010
30, 773
423, 894
293, 370
130, 524
388, 040
998
28, 531
465, 820
348, 906
116, 914
421, 221
1,126
29, 462
460, 155
348, 500
111,655
405, 368
1,146
33,060
355, 341
240,159
115,182
304, 836
1,229
33, 467
245, 036
152, 116
92, 920
207, 193
992
24, 875
256, 206
158, 612
97, 594
218, 342
1,138
27, 012
6,589
797
168
285
811
707
156
1,644
180
186
427
298
477
6, 358
757
158
268
795
711
138
1, 534
158
171
437
359
448
6, 890
801
193
317
872
784
162
1,609
156
170
431
478
465
5, 922
693
144
292
718
658
128
1,434
143
143
354
398
422
5,947
740
158
305
723
637
133
1,484
140
156
361
334
403
1, 250
123
28
55
182
110
11
321
62
33
36
104
85
1,414
130
35
120
152
107
3
425
59
35
29
125
108
6,312
744
188
306
717
680
121
1,567
127
155
428
479
416
6, 542
787
181
352
797
649
148
1,639
156
192
386
412
447
7,156
846
197
377
861
709
156
1,819
189
207
412
435
497
6, 648
828
153
350
783
679
145
1,714
166
194
416
388
443
7,105
865
211
395
857
720
153
1,843
179
196
422
373
454
77, 476
272, 633
78, 368
318, 763
85, 175
305, 987
77, 312
374, 602
74, 639
296, 613
83, 419
334, 147
89, 895
NONFERROUS METALS AND PRODUCTS
Aluminum:
72, 374
77, 069
76, 934
76, 880
80, 803
Production, primary
short tons
212, 481
311, 137
209, 286 ' 239, 782
Imports, bauxite
long tons. _ 325, 071
Price, wholesale, scrap castings (N. Y.)
.0775
. 0775
.0775
.0775
.0768
dol. per lb_.
Aluminum fabricated products, shipments,
191.3
200.1
193.8
209.7
205.5
total c?1
mil of Ib
45.0
46.4
44.6
49.8
47.8
Castings
do
149.1
146.3
153. 6
159.9
157.8
Wrought products, totalcf
...do
85.1
78.7
82.9
81.3
86.5
Plate, sheet, and strip
_ __ do
.383
.383
.383
. 383
.383
Brass sheets, wholesale price, mill
dol. per lb._
Copper:
Production :
Mine production, recoverable copper
72, 691
79, 229
77, 670
80, 528
82, 227
short tons. .
Crude (mine or smelter, including custom in80, 876
89, 479
83, 192
87,110
92, 946
take)
short tons
95, 979
100, 269
98, 402
94, 563
97, 593
Refined
do
104, 795 r 112, 719 ' 107, 579 105, 860
130, 430
Deliveries, refined, domestic
.. do
59, 747
60, 836
58, 487
55, 351
61, 223
Stocks, refined, end of month
do
12, 842
19, 494
10,598
15,303
20, 252
Exports, refined and manufactured
do
41, 941
49, 580
' 42, 970
48, 272
37, 172
Imports, total
do
T
28, 361
' 23, 318
25, 928
14, 314
16, 674
Unrefined, including scrap . _
do
r
r
13, 580
32, 906
19, 652
22, 344
22, 858
Refined
do
.2420
. 2420
.2420
.2420
.2420
Price, wholesale, electrolytic (N. Y.)--dol. per l b _ .
Lead:
Ore (lead content) :
34, 339
34, 299
33, 432
34, 496
Mine production
short tons..
33, 824
40, 148
28, 501
41,251
35, 762
36, 149
Receipts by smelters, domestic ore
do
•
Refined (primary refineries) :
44, 133
48, 943
43, 746
39, 329
45, 546
Production
do
41, 291
39, 161
40, 390
38, 225
28, 591
Shipments (domestic)
_
do
31, 297
41, 040
28, 578
41, 820
58, 775
Stocks, end of month
do
Price, wholesale, pig, desilverized (N. Y.)
. 1900
.1900
. 1892
.1900
.1573
dol. per lb_.
Imports, total, except mfrs. (lead content)
r
42, 460
57, 770
81,496
73, 448
short tons . . 15, 390
Tin:
1,990
1,984
1, 989
2,022
Production, pig.
.
long tons
1,952
4,524
4,879
3,919
4,489
Consumption, pig
do .
3,7fl
13, 297
14,751
26, 172
18, 242
Stocks, pig, end of month, total§
do
33, 093
4, 525
3,617
9,004
15,458
22, 741
Government.
do
10, 125
9,567
9,119
10, 645
Industrial
.
do
9,820
Imports:
144
1,472
732
821
934
Ore (tin content) _
do
598
1,005
10, 894
7,752
Bars, blocks, pigs, etc
do
'7,413
1. 2150
1. 0973
1, 2150
1. 2150
Price, wholesale, Straits (N. Y.)
dol. per lb._
1. 2150
Zinc:
Mine production of recoverable zinc
59, 323
58, 948
60, 904
short tons. _
61,211
62, 663
Slab zinc:
77, 296
83, 205
85, 028
83,011
Production
do
83, 797
77, 448
85, 592
85, 575
Shipments, total . _
do
78, 403
74, 076
70, 928
75 039
Domestic
do
72,716
79, 897
63, 701
26, 551
Stocks, end of month
do
26, 703
26, 004
23, 423
33, 144
Price, wholesale, prime Western (St. Louis)
.1950
. 1950
.1950
.1950
.1950
dol. per l b _ .
Imports, total (zinc content)
short tons__ ' 18, 607 ' 49, 194 r 123, 097 ••121,925 r 104, 188
4,996
For smelting, refining, and export.
do
2, 306
6,821
7, 993
5,047
For domestic consumption:
r 38, 949 ' 107, 772 ' 106, 337
Ore (zinc content)
do
11,637
' 92, 264
4, 664
5,249
Blocks, pigs, etc
do
8, 504
* 1, 595
6,877
. 0725
.0708
.0740
.0750
. 0750
.0750
. 0750
. 0750
200.9
45.3
155.5
87.7
.383
188.8
40.1
148.7
86.1
.402
206. 3
46.8
159.6
92.2
.402
165.7
95.8
.402
183.8
107. 6
.402
165.6
98.2
.402
178.7
103. 7
.402
188.2
110.7
p. 402
77, 907
77, 593
73, 923
76, 284
74, 166
74, 907
79, 207
75, 730
80, 392
92,151
98, 416
70, 856
18,347
33, 061
26, 338
6, 723
.2420
81, 601
96, 049
115,384
73, 657
15,435
r
66, 380
' 38, 938
r
27, 442
. 2420
79, 368
95, 366
127,910
83, 771
14, 604
T
61, 122
'21,366
39, 756
.2420
82, 426
98, 930
135,486
71, 456
20, 945
67, 817
25, 605
42, 212
.2420
84, 824
105, 770
138, 759
59, 760
18, 226
59, 910
21, 028
38, 882
.2420
80, 436
100, 075
125, 338
69, 237
13,016
59, 230
24,016
35,214
. 2420
31, 002
32, 962
29, 862
28, 829
30, 232
32, 393
30, 386
32,919
33, 523
33, 770
29, 160
30, 537
29, 542
32, 769
30, 698
30, 697
38, 987
39, £63
58, 190
37, 489
51, 534
44, 140
41, 836
45, 499
39, 767
42, 791
49, 850
31, 837
51,521
43,150
37,718
49, 806
51, 271
35, 686
48, 651
40, 370
43, 560
47, 295
37, 678
52, 760
.1419
. 1526
r
T
76, 882
' 307, 644
67, 703
. 1600
'33,085
. 1600
r
40, 202
r
' 85, 239 80, 580
113, 965
108. 010
143, 088
125, 133
58, 858
59, 836
16, 257
70, 300
24, 531
45, 769
.2420 """."2426"
.1600
.1440
.1416
. 1413
47, 190
59, 392
41,305
85, 133
' 189
1,789
26, 301
15,904
10, 358
1
163
1, 933
31,037
21, 009
9, 996
1231
4, 553
25, 233
16,411
8,140
2,732
4,527
25. 273
15, 534
9, 361
3. 601
' 5, 038
24,815
14, 266
10, 369
4, 205
4,615
24, 124
13, 659
10, 385
3,070
9, 951
1.2150
5, 481
6, 619
1. 2150
2, 378
'8,711
1. 2150
1,136
7, 586
1.2138
4, 869
6, 883
1. 2123
2,177
5, 860
1.2127
3,277
7, 180
1. 2147
57, 068
50, 642
49, 482
48, 748
53, 346
48, 899
49, 789
52, 152
77, 463
47, 265
35, 769
63, 342
76, 930
43, 353
38, 714
96,919
78, 167
78, 435
72, 963
98, 651
76, 019
78, 129
69, 343
94, 541
80, 588
79, 787
71, 659
95, 342
78, 563
90, 756
81,439
83, 149
81,363
77, 352
71, 175
87, 160
81,994
80, 679
77, 573
88, 475
.1574
106, 743
2,097
.1500
'79,315
832
.1406
9,470
1,164
.1398
14, 976
1,371
.1330
21,322
2, 939
. 1250
' 23, 235
2,555
. 1250
27, 232
1,532
. 1259
98, 159
6,487
' 62, 578
15, 905
4,088
4,218
4,454
9,151
6,105
12,278
7,027
' 13, 653
3, 686
22, 014
r
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square):
Shipments
thous. of Ib
Stocks, end of month
do
Radiation:
Shipments
thous. of sq. ft
Stocks, end of month
do
r
11,318
73, 039
10, 211
77, 267
9,161
81, 800
9,480
87, 814
13, 346
90, 225
16, 962
88, 017
17, 285
79, 487
24,037
73, 627
29, 455
63, 833
33, 552
55, 159
23, 087
51, 470
14, 088
54, 618
2,784
8,382
2,226
8,702
2,074
8,893
1,760
10,010
2,145
9.665
2,925
8.782
2,915
7.676
3,974
6.507
4,729
5.032
4,962
4.199
3,814
3.422
2,591
3.859
Revised.
p Preliminary.
* Production by detmners only.
cTSee note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.
§Government stocks represent those available for industrial use; total stocks include small amount not distributed.
1.2150
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
19 52
February
January
March
April
May
June
1953
July
August
September
October
November
December
January
METALS AND MANUFACTURES—Continued
H EATING APPAR ATU S— Continued
Boilers, range, shipments
_ .
number
Oil burners:
Orders, unfilled, end of month . _ _
do._
Shipments
do
Stocks, end of month _ _
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
number
Coal and wood.
_
_ do.. _
Gas (incl. bungalow and combination) do
Kerosene, gasoline, and fuel oil
_
do -
31, 193
28, 245
22 202
23, 440
22, 850
17,851
20, 010
21, 197
20, 797
18,859
20, 200
40, 256
45, 748
77, 518
36, 789
37, 792
80, 775
39, 163
40, 038
81,408
36, 284
45, 805
80, 183
41, 707
51, 743
74, 183
42, 963
57, 830
72, 408
54, 737
67, 044
61. 577
63, 805
84, 620
50, 593
06, 080
104 098
42, 993
57, 874
119 370
36 076
42, 595
72 854
39 324
37, 505
53 243
46, 758
184, 275
9, 501
166,669
8,105
187, 505
9, 589
166, 687
11,229
204, 657
8,625
185,751
10, 281
199 005
7, 475
182.9-42
9, 188
179.496
6, 267
163,446
9,783
192,540
5, 702
176,405
10, 433
170, 146
7, 080
154,907
8,159
198, (104
8, F20
180,346
9, 438
221,468
9, 037
200 946
11,485
264, 196
9,905
241 138
13, 153
204, 336
7,793
187 370
9,173
195, 052
8, 088
177, 463
9,501
144, 462
19,318
60, 843
64, 301
154,434
25, 450
64,120
64, 864
147,435
25. 381
62,014
60, 040
172. 303
35, 676
76, 324
60, 303
2?0, 741
40, 963
120,878
68, 900
393 834
79, 027
197,680
117,127
515,356
132, 21 1
236, 849
146, 296
565 508
1 ,"8, "64
241,419
165 ;"25
659 965
1 79, 921
3P4, 169
175, 875
309 238
118 544
170,305
80 399
189 009
33, 786
111.254
43, 969
48, 529
24,017
19, 309
5,203
167, 335
51,277
25, 797
20, 848
4,632
172, 320
50, 933
27, 029
19, 695
4,209
176, 609
58, 732
32, 239
20, 583
5, 910
181, 389
70, 206
36, 627
27, 235
6,344
182,851
78, 266
38, 738
30, 950
8, 578
157, 595
105,410
51, 289
40, 654
13,467
187, 949
116 300
54, 308
46 419
15,513
202 432
126,754
59, 071
51,331
16,352
218, 582
89 708
44, 947
35 227
9, 534
195 385
64, 102
33, 128
26, 140
4,834
199, 972
145, 268
Stoves domestic heating, shipments, total do
22, 761
Coal and wood
do _
63, 696
Gas
._ _ _
do
58,811
Kerosene gasoline, and fuel oil
- do
Warm-air furnaces (forced-air and gravity air-flow),
50, 002
shipments, total
number
24, 306
Gas
- -_ _ _ do_ _.
20, 498
Oil
do
5,198
Solid fuel
._do
171, 337
Water heaters nonelectric, shipments
do
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans, new orders
thous. of dol
Unit heater group new orders
do
Foundry equipment (new), new orders,
404.5
net
._
-.
-. . 1937-39=100..
Furnaces, industrial, new orders:
2,856
Electric
. thous. of doL.
3,379
Fuel-fired (except for hot rolling steel)
do
Machine tools:
347.8
New orders
1945-47=100
266.6
Shipments
.
_ . do_
Mechanical stokers, sales:
1,327
Classes 1, 2, and 3
__.
..number
Classes 4 and 5:
161
Number
43, 931
Horsepower
Pumps, steam, power, centrifugal and rotary, new
5,517
orders
thous. of dol
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), ship1,639
ments!
_
thousands
Domestic electrical appliances, sales billed:
153
Refrigerators, index
1936=100..
230, 226
Vacuum cleaners, standard type
number
218,
956
WashersO
do
632, 455
Radio sets, production*
_ _ _ do__
Television sets (incl. combination), production*
number. . r 404, 932
Insulating materials and related products:
548
Insulating materials sales billed indexf 1936 — 100
Fiber products:
Laminated fiber products, shipments§
8,115
thous. of doL _
Vulcanized fiber:
4,836
Consumption of fiber paper
thous. of lb__
Shipments of vulcanized products
1,646
thous. of doL .
Steel conduit (rigid) and fittings, shipments 9
short tons.. ' 25, 732
Motors and generators, quarterly:
New orders index
1 936 — 100
Polyphase induction motors, 1-200 hp:^
New orders
thous of dol
|
Billings
do
Direct current motors and generators, 1-200 hp:cf
Billings
do
30, 191
13, 483
21,979 '
r
38, 731
11,805
32, 865
16 537
32 877
14 456
200.4
310.0
385.1
225.2
353.8
343.9
311.6
365. 9
335.8
258.1
343.3
301. 0
1,363
2,418
2,100
1,809
2,298
3,613
3,713
3,037
1,552
2,968
2.530
6,703
1, 626
5, 259
1,412
2,472
2,459
1,520
1,241
2, 396
1,634
3, 235
1, 655
3,540
318.8
279. 6
324.3
299.5
293. 5
307.9
284.6
323.0
342.9
330.8
376.3
259.7
311.1
317. 0
302 4
368. 3
243. 3
357. 8
205 4
342.5
«• 225. 2
' 355. 0
TP 2;>4. 9
»361.9
1,145
966
1,059
1,157
1,725
1,667
2,621
2,978
3,073
1,848
r
115
57, 455
131
39, 165
136
50, 528
143
44, 329
171
33, 302
249
47, 981
172
31,079
183
37 656
158
31, 366
116
21, 191
6,020
5,925
6,354
6,140
7,957
6,299
5,921
5 258
5,534
4,130
963
769
850
1,137
1,535
2,526
2,905
2,874
3,112
2, 168
153
235, 936
261, 51 2
759, 453
163
290, 092
254, 135
975, 892
133
217, 169
222, 266
847, 946
128
216, 969
219, 882
748, 344
192
206, 939
281, 635
874, 253
197
188, 715
209, 901
441, 736
148
222, 413
259, 280
543, 802
136
237, 541
287, 919
865, 654
122
292, 474
335, 616
772, 346
147
152
249, 032
255, 886
254, 297
2S2, 453
298, 641 • 317,914
924, 195 U.325, 15? 1, 093, 142
409, 337
510, 561
322, 878
309, 375
361, 152
198, 921
397, 769
755, 665
724, 117
780, 486
528
536
545
517
500
470
451
531
599
579
7,830
7,796
7,899
7,739
7,558
7,597
6,718
8,223
9, 110
8,956
10, 196
10, 427
4,484
4,216
4,133
3,640
3,720
2,179
3,038
3,759
4,160
3,658
4, 198
4, 466
1,618
1,565
1,430
1,332
1,296
1,027
1,210
1,380
1, 694
1, 403 !
1,671
1,725
' 25, 331
27, 328
22, 767
23, 243
13, 881
7,214
17, 021
21,108 |
26, 305
2 21, 946
1
' 26, 439 ' 22, 625
1, 181
1,021
'90
' 28, 049
87
38, 154
r
1, 975
i 921, 086
1
1,572
719, 234
655
517
517
463
:
490
42, 455
44, 820
36, 446
40, 443
36, 946
35 210
i
8 793
9,410
13 614
9,787
9 269
7,905
36, 954
36, 541
'
8,807
10, 152
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
2,626
3,130
3,244
3,333
3,349
2,484
3,093
2,663
3,705
3,354
3,311
4,150
4,158
Production
thous. of short tons.Stocks in producers' storage yards, end of month
1,674
1,264
1,149
1,314
1,024
1,026
1,420
1,300
1,479 ' 1, 608
1,447
1,018
939
thous. of short tons.166
295
340
360
391
405
534
233
423
496
498
391
Fxports
do
Prices, chestnut:
21.69
22.92
23.31
23.31
23.08
22.54
23.77
24.00 r 24.09
21.77
22.38
23.31
Retail compositef
dol per short ton
16.013
16. 013
13. 394
13. 456
13. 631
14. 513
13. 869
14. 119
14.219
14. 681
14. 681
14. 513
14.513
Wholesale f o b car at mine t
--do_
Bituminous:
r
r
36, 462 r 31, 437 r 25, 782 ' 34, 171 r 46, 885 r 32, 744 * 41,060 ' 42, 723 39, 255
49, 930 ' 43, 738 r 40, 968 ' 39, 100
Production
thous. of short tons_.
Industrial consumption and retail deliveries, total
41,417
41, 278
23, 213
36, 966
32, 636
32, 641
34,512
30, 758
23, 489
38, 881
39, 240
44, 284
39, 587
thous. of short tons..
33, 421
33, 982
20, 235
31,945
31, 910
27, 741
20, 270
32, 170
28, 422
27, 429
28, 336
34, 895
31, 757
Industrial consumption, total
do
752
605
556
685
133
534
681
104
383
624
899
927
998
Beehive coke ovens
do
8,923
8, 899
8,259
7,854
2, 930
8, 446
3,293
8, 230
7,627
8,633
8,171
8,807
8,758
Oven-coke plants
__do.
764
786
725
582
699
603
681
679
608
637
673
665
740
Cement mills
do
10. 388
10, 170
9,604
8,494
7,724
9,582
7,369
8,250
8,510
7,781
7,597
8,434
9,540
Electric-power utilities
do
2 722
2, 833
3, 046
2, 852
2,342
3,128
3, 321
2, 569
3, 031
3,075
4,301
3,698
3,877
Railwavs (class I)
do
698
679
653
582
562
538
'532
623
229
208
743
775
677
Steel and rolling mills
-do
9,500
9, 300
8,895
6,919
8,746
6,444
6,102
6,602
8,914
7,818
7,208
8, 932
9,783
Other industrial
do_ _ 7,996
7,296
5,
056
6,936
6,176
4,214
5,212
3,219
7,
070
3,017
2,978
9.389
7,830
Retail deliveries
do
r
Revised
» Preliminary.
* Represents 6 weeks' production.
2 See note marked " 9 " for this page.
fRevised series. For revised batteries data beginning 1947, see note at bottom of p. S-35 of the July 1952 SURVEY. Retail prices of coal are weighted averages for large cities. Wholesale
prices supersede former quotations on tracks, destination. Revised price data prior to 1951 will be shown later.
©Figures through 1951 are estimated industry totals: thereafter, data cover reporting companies only (representing about 97 percent of total industry).
*New series. See note marked
"*" on p S-35 ^Beginning May 1952, the index includes varnished tubing and saturated sleeving.
§Data for 1952 cover 14 companies; beginning January 1953, 17 companies.
9 Data f
1952 cover 11 companies; beginning January 1953, 9 companies.
cfThe number of companies reporting is as follows: Polyphase induction, 34; direct current, 28.
SURVEY OF CUEEENT BUSINESS
March 1953
S-35
1953
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
February
March
April
May
June
July
August
September
October
November
December
January
PETROLEUM, COAL, AND PRODUCTS—Continued
CO A L<—'Continued
Bituminous — Continued
Consumption on vessels (bunker fuel)
thous. of short tons__
Stocks, industrial and retail dealers', end of
month, total
thous. of short tons__
Industrial, total.. _ __ _
. do
Oven-coke plants
do
Cement mills _
-do
Electric-power utilities
...
do
Railways (class I)
do
Steel and rolline mills.
do___
Other industrial
do
Retail dealers
_
do_
Exports
.
_ - do. _Prices:
Retail, compositef
dol. per short ton__
Wholesale:
Mine run, f, o. b. car at minet
do
Prepared sizes, f. o. b. car at minet
do
COKE
Production:
Beehive§
thous. of short tons.
Oven (byproduct)
_ do_
pptTQlp.iiTn cokfi
do
Stocks, end of month:
Byproduct plants, total
do
At furnace plants
_
_ _
do
At merchant plants
do
Petroleum coke
-- do_
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton. -
19
16
76
92
84
79
76
75
77
76
38
11
14, 827
1,361
32, 692
4,161
1,213
19, 538
1,631
76, 474
74, 967
15,786
1,342
32, 710
4,237
1,276
19,616
1,507
77, 293
76, 042
16, 727
1,276
32, 724
4,299
1,322
19, 694
1,251
78, 141
76, 810
16 652
1,245
33, 617
4,254
1, 353
19, 689
1,331
79, 496
78, 033
16, 994
1,261
34, 545
4,110
1,336
19, 787
1,463
80, 744
79, 108
16, 446
1,412
35, 802
3,996
1,269
20, 183
1,636
79, 359
77, 698
16 136
1,456
35, 895
3, 560
1,195
19 456
1,661
81, 238
79 567
16 066
1,616
36, 797
3,443
1,158
20 487
1,671
83, 298
81, 492
15 728
1,746
37, 722
3,487
1, 236
21, 573
1,806
77, 951
76 369
14 437
1,624
36, 393
3 041
1,156
19 718
1,582
75, 978
74 220
13 645
1 607
36, 195
2 897
1,085
18 791
1,758
76, 745
75, 036
14 430
1,540
35, 891
3 032
1,089
19 054
1,709
73, 346
71, 857
13 400
1,362
34, 771
2,973
983
18, 368
1,489
5,163
3,982
4, 050
4,248
4,885
r
r
4, 014
4,288
3,760
3,010
2,981
2,357
16.16
16.16
16. Ib
16.16
15.99
16.02
16.13
16.22
16.28
16.54
16.66
16.72
5.697
6.773
5.697
6.769
5.697
6. 745
5.624
6.349
5. 623
6.317
5.629
6. 378
5.640
6. 487
5.640
6.544
5.655
6.680
6.016
6.951
6.016
7.020
' 6. 032
' 7. 064
6. 059
7.064
'634
6,168
331
••685
5,770
310
'573
6,204
321
'432
5,374
296
426
5,536
201
'124
2,361
267
'77
2,305
306
'248
5,787
317
'391
5,784
323
'328
6,117
314
356
5,961
311
427
6,264
329
479
6,284
1,810
1,421
389
134
112
1,765
1,455
310
142
86
1,832
1,530
302
164
79
1,873
1,459
413
159
89
1,961
1,538
424
158
62
2,557
2,007
550
122
58
3,297
2,479
819
103
53
3 142
2,294
848
98
44
2,838
2,132
706
97
52
2,541
1,957
583
87
41
2,445
1,920
524
96
62
2,177
1,736
441
103
54
2,041
1, 639
402
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14.750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
2,151
192, 712
94
205, 829
1,929
184, 654
95
193, 524
2,101
198, 028
93
205, 825
2,063
192, 882
89
193, 039
2 196
158, 310
71
152, 062
2,017
185, 917
96
204, 762
2,141
188, 868
96
214, 729
1 938
192 798
99
202 661
1,660
195, 528
98
210, 510
1,794
202, 044
96
213, 358
1,777
194, 611
98
211, 456
1,690
205, 645
97
215, 504
254, 007
62, 436
173, 471
18, 100
255, 900
64, 614
173,315
17, 971
259, 126
63, 612
177, 422
18, 092
270, 679
69, 159
183, 751
17, 769
290, 813
72, 875
197, 001
20, 937
285, 964
71, 950
194, 525
19, 489
275, 951
70, 352
187, 341
18, 258
264 368
67, 497
178, 394
18, 477
264, 723
65, 241
181, 580
17, 902
269, 776
66, 084
185, 900
17, 792
267, 852
63, 777
185, 624
18, 450
271, 928
66, 275
187, 852
17, 801
2,303
16, 043
2.570
2,211
14,083
2.570
2,939
' 14, 295
2.570
3,340
17, 362
2.570
1,718
15, 570
2.570
2,388
' 17, 601
2.570
1,876
17, 497
2.570
1 966
18, 124
2.570
1,664
18, 306
2.570
1,526
' 20, 074
2.570
1,805
16, 788
2.570
2,9-91
20, 141
2.570
19
75, 423
73, 792
4, 898
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 rf
Gasoline-bearing in tJ. S , total
do
At refineries
-- do
At tank farms and in pipelines
do
On leases
- -- --do
Exports
do
Imports
do
Price (Oklahoma-Kansas) at wells... dol. per bbl_.
r
2.570
Refined petroleum products:
Fuel oil:
Production:
43, 402
46, 768
30, 432
43, 640
39, 353
44, 314
45, 310
45, 183
45, 053
45, 735
45, 141
Distillate fuel oil
thous of bbl
46 933
36, 827
40, 351
37, 602
39, 482
38 352
38 984
37, 321
36 887
30 336
38, 337
41, 483
Residual fuel oil
do
38 822
Domestic demand:
49, 081
27, 867
25, 815
33, 921
54, 489
60, 535
47 176
23, 291
63, 185
39, 347
28, 836
26 221
Distillate fuel oil
do
50, 721
60, 109
38, 500
36, 285
45, 119
49, 796
48, 304
50, 395
37, 027
56, 246
41,267
42 094
Residual fuel oil
- do _
Consumption by type of consumer:
5,222
7,162
3,912
4,204
7,702
7,749
3,717
4,775
8,523
6,028
4,380
6,068
Electric-power plants}
.
do
5,380
2,516
2,622
2,434
2,500
2,851
2,827
2,463
2,767
3,032
2,618
2,439
2 497
Railways (class I)
do
7,403
6,438
6,
317
6,760
6,354
6,981
6,156
6,109
6, 447
6,740
6,342
6,906
Vessels (bunker oil)
do
6, 563
Stocks, end of month:
1
51,
648
65,
911
51,
634
48,
750
55,
369
99,
582
120,
721
85,
775
66,
969
116 096
117, 252
104 257
Distillate fuel oil
do
38, 561
37, 971
48, 706
38, 821
45,688
52, 245
38, 295
53, 052
i 39, 523
53, 069
56, 200
54, 061
Residual fuel oil
do
Exports:
2,791
3,015
2,641
3,613
2,999
1,316
1 654
1 894
2 949
2,840
3 269
2 306
Distillate fuel oil
do
2,244
2,059
1,502
2,500
2,588
2,473
1,847
1,271
1,373
1,194
1,816
Residual fuel oil
__.do_ _ _
1,583
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
.091
.091
.091
.091
.098
.091
.091
dol. per gal. .
.098
.098
.098
.098
.098
.098
1.400
1.500
.900
1.350
1.150
1.500
.900
.900
.900
.900
.950
1. 650
Residual (Okla., No. 6 fuel)
dol. per bbl..
.900
Kerosene:
7,084
9,519
10, 978
11, 964
13, 061
11, 792
11,083
10, 742
10, 919
13, 040
10, 498
Production
- - thous. of bbL
11, 620
17,829
8,150
5, 504
12, 853
5,268
5,883
14, 608
12, 455
12, 230
16, 633
7,156
Domestic demand
- .-do _
6 014
1
26, 842
32 199
33, 289
32 401
27, 387
18, 955
19, 614
23, 061
16,817
22, 679
35 021
18, 530
Stocks end of month
do
511
950
613
652
752
358
796
740
217
358
655
525
Exports
do_ _
Price, wholesale, bulk lots (New York Harbor)
.108
.101
.101
.101
.108
.101
.108
.108
.108
.101
.101
dol. per gal. .108
.108
Lubricants:
4,921
3,492
4,668
4,831
4,855
4,416
4,507
4,963
4,940
4,694
4,456
4,857
Production
_ . . thous. of bbL
3,509
3,414
2,903
2,525
2,827
2,990
2,800
3,711
3,224
3,381
3,433
3,343
Domestic demand
- do _ _
11,021
9,775
9,610
9,694
9,869
9,745
10, 154
10, 169
10, 049
9,856
10, 561
9 620
Stocks refinery end of month
do
917
1,295
1,276
1,448
1,751
1,292
938
' 1, 054
1,297
1,357
1,070
1,610
Exports©
^^
Price, wholesale, bright stock (midcontinent,
.270
.290
.290
.270
.270
.290
.220
.250
.290
.290
.220
.260
.270
f. o. b. Tulsa)
dol. per gal__
' Revised.
1 New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 86,619; residual fuel, 42,853; kerosene, 27,088.
tRevised series. Retail prices are weighted averages for large cities. Wholesale prices supersede former quotations on tracks, destination. Figures prior to 1951 will be published later.
§Revisions for 1950 will be shown later.
cf Includes stocks of heavy crude in California.
JRevisions for January-July 1951 will be shown later.
O Excludes "special category" exports not shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reports
from both members and nonmembers of the association. Both private and company brands are included. Radio production comprises home, portable battery, automobile, and clock models;
television sets include combination models. Annual totals for 1924-46 for radios and monthly data for 1947-50 for radio and television sets are shown on p. 20 of the October 1952 SURVEY.
Data for March, June, and September 1952 cover 5 weeks; December 1952,6 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
S-36
March 1953
1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
January
February
March
April
May
June
1953
July
August
September
October
November
December
104,894
106, 432
93, 148
19,396
94,725
20,8€4
7,650
9,317
91, 326
9,097
9,451
95, 817
121, 645
63, 809
7,864
8,584
3,447
127, 792
70, 581
8,236
7,807
4,645
.104
.129
.201
.104
.129
.203
6,977
5,661
8 451
4,536
7,230
5,853
9, 126
4,761
January
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products— Continued
Motor fuel:
All types:
74, 485
98, 340
Production, total.. _
thous. of bbl.
98, 551
99, 093
92, 553
104, 873
105, 022
93,134
107, 427
104, 977
Gasoline and naphtha from crude petro86, 638
87. 446
82, 052
87, 096
81,819
63, 752
92, 564
93, 373
95, 742
leum
- thous. of bbl
93, 663
19, 058
18, 724
16, 796
17, 669
17, 310
18, 070
19, 605
Natural gasoline and allied products -do
17, 917
18, 259
18, 248
Sales of 1. p. g. for fuel, etc., and trans5,608
7,953
6.988
6,727
6,063
6,020
7,183
6,574
6,934
7,296
fers of cycle products _ -thous. of bbL.
8,761
7.398
8,437
8,459
8,038
8,041
8,113
9,759
8,938
9,186
Used at refineries
do _ _
99,
305
86,
863
87,
065
98,
653
103,
689
105,
307
82.
043
101,
137
102,
954
100
095
Domestic demand
do
Stocks, gasoline, end of month:
112, 232
152, 556
116. 039
108, 708
136, 161
143, 910
143, 512
110, 750
111, 770
113, 698
Finished gasoline, total
__ __ do
64, 731
60, 389
90, 695
83,129
57, 180
81.054
87, 458
57, 244
58, 180
59, 276
At refineries ..do
7,858
7,934
8.378
8,178
8,292
8,002
8,133
7,617
7,842
7,293
Unfinished gasoline
do
10, 035
9, 366
9,246
8,890
10, 095
7,896
9,527
8,585
9,722
8, 925
Natural gasoline and allied products .do. __
r
2,558
2,730
'
1,
923
1,903
2,466
975
2, 396
2,144
2,164
2,203
Exports c?
do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
.104
.104
.104
.103
.104
.104
.103
.103
.100
.104
dol. per gal. _
.129
.129
.129
.129
.129
.129
.129
.129
.129
.129
Wholesale, regular grade (N. Y.)*
do
.205
.204
.199
.201
.202
.205
.202
.200
.204
.203
Retail, service stations, 50 cities
do
Aviation gasoline:
6,922
6,116
6,552
6,003
6,409
4,906
6,137
7,193
6,988
6,694
Production, total-.
thous. of bbl.
5,068
5,848
5,076
4,339
5,417
5,480
4,875
6,191
5,977
5,325
100-octane and above
do __
7.332
8,399
8,529
7,859
7,311
7,633
8,503
8,085
8,397
7,865
Stocks total
do
3,878
4,421
4.507
4,422
3,863
3,761
4,751
4,483
4,259
4,470
100-octane and above
do _
Asphalt:
739, 300
719, 300
922, 900 1, 009, 500 1. 280, 700 1,383,600 1, 493, 500 1, 475, 100 1, 407, 100
Production
short tons.. 605. 600
967, 500
690, 400
1,331,500 1, 527, 300 1,713,500 1, 753, 500 1, 660, 500 1,436,000 1, 167, 100
755, 800
Stocks refinery, end of month
do
Wax:
96, 880
94, 360
92, 680
100.240
95, 480
80, 360
116, 200
113,120
98, 280
105, 000
Production
thous. of Ib
179, 780
179, 200
199, 360
169, 680
194, 040
190,400
193, 480
173, 600
158, 480
Stocks, refinery, end of month.
.do
168, 000
Asphalt products, shipments:
5,355
3,869
4,742
5,172
5,103
3,549
3,516
6,387
5,856
6,609
Asphalt roofing total
thous. of squares
Roll roofing and cap sheet:
1,019
1,321
1,001
928
913
1,060
876
1,040
1,169
1,405
Smooth -surfaced
do
888
1,046
1,166
1,133
882
861
1,109
1, 365
1,549
1,617
M ineral-surfaced
do
2,969
2,067
2,676
3,130
3,023
1,705
1,811
3,322
3,517
3,587
Shingles, all types
do
135
126
136
119
123
151
163
144
190
224
Asphalt sidings _
do
52, 791
59, 274
56, 335
52, 540
45, 957
44, 641
46, 644
61,200
62, 439
67, 754
Saturated felts
short tons__
748, 700
998, 700
910 400 1, 149, 300
106, 680
156, 520
113, 400
161, 000
4 254
2 931
3 111
950
1,037
2 266
174
52,099
676
782
1,472
127
40, 792
721
767
1 623
131
46, 292
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts..
_. thous. of cords (128 cu. ft.)_Consumption
__ _ _ __ do
Stocks end of month
do
Waste paper:
Receipts
short tons
Consumption
do
Stocks end of month
do
2,699
2,339
5,445
2,561
2,227
5,775
2,482
2,332
5,915
1,903
2,235
5,582
1,900
2,247
5,234
2,044
2,127
5,148
2,211
1,910
5,448
2,527
2,209
5,766
2,355
2,104
6,007
2,255
2,351
5,917
2,150
2,224
5,843
2,270
2,135
5,949
665, 051
657, 518
593, 508
620, 775
632, 317
580, 809
647, 081
650, 550
576, 038
650, 014
640, 933
587,616
597, 539
618, 966
564,079
589, 727
605, 572
548, 623
550,030
561, 067
536, 811
631, 070
667, 847
501, 402
693, 247
698, 420
496, 775
786, 664
775, 224
510, 317
685, 279
704, 127
492, 249
696, 821
666, 607
521, 735
1,436
61, 764
759, 711
210, 283
39, 480
207, 014
83, 501
1,373
52, 739
723, 351
207, 844
37, §51
194, 723
82, 763
1,456
59, 532
763, 939
215, 584
39, 041
214, 847
86, 773
1,375
60, 737
708, 162
205, 611
37, 813
198, 464
89, 170
1,402
61, 855
724, 682
206, 808
37, 840
203, 259
87, 398
1,323
56, 102
690, 882
184, 265
33, 893
194, 762
89, 236
1,180
55, 839
607, 453
156, 865
26, 953
181, 974
84, 161
1,381
62, 173
728, 421
196, 340
32, 708
194, 697
83, 646
1,305
60, 401
670, 471
186, 823
32, 320
185, 254
84, 958
1,461
65, 441
761, 522
205, 110
36, 628
204, 312
92, 331
1,394
59, 762
739, 059
190, 129
35, 173
189,874
93,005
1,348
49,548
700, 304
186, 717
36, 004
197, 113
91, 021
108, 352
23, 733
27, 772
1,540
39, 227
113, 520
26, 886
26, 144
1,781
38,912
124, 064
29, 926
30, 180
1,973
41, 861
139, 706
32, 894
34, 473
2,161
42, 547
147, 535
35, 416
34, 249
2,170
41, 088
156, 864
38, 813
38, 488
2,640
41, 030
146, 208
35, 867
33, 417
2,563
36, 722
152, 021
42, 955
32, 252
2,425
31, 983
146, 712
42, 769
32, 722
2,321
26, 681
149, 404
42, 786
31, 489
2,282
22, 563
154, 700
43, 809
32, 513
2,641
22, 394
154, 505
47, 159
29, 918
2, 403
25, 131
14, 540
r 176, 204
20, 534
65, 696
r
68, 71 7
2,273
17, 998
24, 261
161, 738
14, 623
65, 882
63, 453
2,654
14, 306
30, 131
22, 369
29, 522
147, 433
155,331 -•146.760
14, 339 T 16, 595
15, 028
59, 365
56, 373
49, 719
61, 804 ' 58, 244 52, 766
2,229
2,573
2,619
17, 408
19, 544
18, 878
19, 666
133, 599
13, 353
50, 681
46, 551
2,197
20,205
9,883
122, 636
18, 053
47, 747
40, 689
1,743
13, 851
14, 861
138,616
19, 333
50, 814
46, 837
2,113
18, 846
11, 388
160, 423
19, 833
59, 195
50, 536
2,494
27,773
11, 560
170, 340
25, 579
63, 100
55, 096
2,257
23,593
11, 712
200, 827
23, 787
74,047
72, 759
2,298
27, 107
12, 031
222, 780
21, 551
84, 287
90, 924
2,623
22, 731
All paper and paperboard mills:
Paper and paperboard production, total
2,011
2,005
2,071
2,014
2,105
thous. of short tons..
1,029
1,095
1,051
1,048
1,118
Paper (incl. building paper)
.
do
875
859
881
867
892
Paperboard
do
95
95
97
Building board
_
do
106
97
r
Revised.
cfExcludes "special category" expc>rts not she>wn separa tely for security reasons.
*New series. Prices are for bulk lots, f. o. b. refiileries. Qu otations p rior to 1951 will be sh()wn later.
1,949
981
858
110
1,762
869
783
110
2,059
990
942
126
2,027
969
941
118
2,279
1,080
1,075
124
2,104
992
997
115
2,024
974
941
110
WOOD PULP
Production:
Total, all grades
thous. of short tons- _
Dissolving and special alpha t - short tons
Sulphate (paper grades) t
do
Sulphite (paper grades) t
do
Soda
__ -_
_
do .
Groundwood
_
_
do
Defibrated exploded, etc
do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
_
short tons._
Sulphate (paper grades) t
do
Sulphite (paper grades) t
dc .
Soda
._
do _
Groundwood
do
Exports all grades, total
Imports, ail grades, total
Dissolving and special alpha t
Sulphate t
Sulphite (paper grades) t
Soda _ _
Groundwood
do
do. .
do
do
do
..do
do
PAPER AND PAPER PRODUCTS
tciieu a,uu repiusmii payer graues oiiiy ^exue
, Data beginning 1950 will be shown later.
.104
.129
.203
SURVEY OF CURRENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-37
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS—Con.
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association):
Orders new
short tons
Orders, unfilled, end of month
do
Production
do
fihfpTnp.Tits
do
Stocks, end of month
. __do
Fine paper:
Orders, new
_ __
do
Orders, unfilled, end of month
do
Production
__
do
Shipments
do
Stocks, end of month
_.do
Printing paper:
Orders, new
__
do
Orders, unfilled, end of month
do
Production
do _ . _
Shipments
do
Stocks, end of month
do
Price, wholesale, book paper, "A" grade, English finish, white, f. o. b. mill*..dol. per lOOlb..
Coarse paper:
Orders, new
.
short tons.
Orders unfilled end of month
do
Production
___do
Shipments
do
Stocks, end of month
_-do
Newsprint:
Canada (incl. Newfoundland):
Production
do
Shipments from mills
.do -..
Stocks, at mills, end of month
do
United States:
Consumption by publishers
..
do_.Production
do
Shipments from mills
do
Stocks, end of month:
At mills
-do-_At publishers
do
In transit to publishers
do
Imports
do
Price, rolls, contract, delivered to principal
ports*
_ _ -. dol. per short ton. _
Paperboard (National Paperboard Association) :
Orders, new
short tons. _
Orders, unfilled, end of month
do
Production, total
_
._
do
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
.mil. sq. ft. surface area__
Folding paper boxes, value:
New orders
1936=100__
Shipments
_-do
892 616 rr 759 399 r 821 731
817 556 r 765' 444 rr 793' 397
851, 888
799, 599 797 624
861 102 rr8°0 447 rr 793 778
418, 101 420 669 424 514
962, 506
914, 567
932, 288
911, 745
326, 610
842, 191
903, 374
865, 400
851, 819
344, 664
852, 186
854, 820
896, 773
881, 775
361, 070
813, 274
825, 736
850, 216
842, 129
369, 375
740, 502
747, 506
817, 027
803, 031
376, 503
753, 235
729, 006
773, 003
769, 654
381, 065
715 288
768, 806
674. 759
671, 174
384, 550
752 557
726 902
775, 723
768 208
422, 465
807
784
756
749
427
136, 428
141, 965
126, 753
125, 513
64, 558
114, 955
138, 310
122, 133
116, 643
67, 895
108, 853
120, 280
124, 033
121, 995
69, 710
104, 915
111, 930
116, 076
113, 781
72,250
91, 140
93, 500
115, 790
109, 550
78, 490
89, 628
86, 000
100, 121
96, 843
81,905
83,848
88,000
84, 195
81, 323
84,750
82, 938
57,150
100, 213
98 080
93, 850
91, 582
56, 738
100 268
93 032
99 195
107, 357
52, 824
111,288
111 547
98 903
r 1Q6 106
105 000
41, 000
97 OCO
101 OGO
102 OCO
343, 367
475, 000
315, 983
310, 450
129, 798
288, 745
475, 150
290,945
290, 555
130, 180
288, 200
458, 050
300, 497
295, 680
135, 960
296, 780
460, 500
295, 614
293, 550
138, 025
261, 286
425, 000
288, 313
285, 851
140, 488
276, 760
423, 000
278, 120
279, 095
139, 500
262, 177
450,000
238, 014
232, 209
145, 300
258, 666
422, 402
267 433
264 517
140 775
298 820
465, 435
256 921
255 785
141 915
248, 823 r 315 082
313 878
487,440 ' 458, 860 'r 486, 018
293 743
277 372
284 647
292 239 r 276 152 r 287 924
144 548 r 141 271
143 419
313 000
499, 000
308 000
300 000
149 000
132
617
433
664
350
r
92 300
' 38, 408
98 393
r gg 903
r
103 897
r
T
r
92 205
37, 023
85 799
r 93 590
890
815
872
868
427
000
295
000
000
700
13.15
13.55
13.55
13.55
13. 55,
13.55
13.55
13.55
329, 159
192, 045
320, 281
317, 727
66, 884
286, 297
193, 108
293, 068
289, 132
75, 550
294, 560
182, 684
307, 066
300, 445
82, 900
254, 759
160, 500
277, 891
276, 686
84, 100
246, 360
140, 000
269, 058
262, 180
84, 000
237, 383
135, 000
250, 159
240, 210
95, 000
221, 930
143, 000
216, 743
212, 740
99,000
257, 062
155 270
256, 307
251 791
130 250
259
170
245
244
130
527
090
051
705
595
294, 513
184 550
273, 935
280 050
124, 480
263, 053 r 257 190
173 218 rr 175 106
269, 137
256 330
274 385 rT 255 302
119, 232
120 260
289
180
287
284
123
470, 456
445, 212
127, 154
457, 835
441, 349
143, 640
476, 492
453, 162
166, 970
471, 235
468, 018
170, 187
495, 972
492, 478
173, 681
451, 915
483, 791
141, 805
485, 539
483, 250
144, 094
486 496
488 575
142,015
461 508
462 404
141, 119
502 791
486 159
157, 751
463 435
498. 987
122, 199
463 377
463 064
122, 512
473 640
467 627
128, 525
345, 315
97, 216
95, 046
348, 630
94, 759
96, 982
399, 258
99, 633
98, 696
393, 470
94, 767
94, 250
404, 071
103, 440
103, 783
379, 943
99, 080
98, 138
329, 729
94, 192
94, 933
341 571
97 831
99 008
379 669
92 301
90 645
425 981
97 144
97 789
416, 974
89 842
90 429
386 627
86 659
83 007
351 775
83 789
93 908
9,738
460, 378
89, 491
385, 574
7,515
475, 502
99, 741
398, 936
8,452
457, 617
87, 887
416, 469
8,969
460, 475
72, 475
419, 848
8,626
442, 739
79, 028
409, 649
9,568
476, 479
74, 592
459, 005
8,827
532, 297
75, 474
427, 945
7
573
86
400
650
502
444
541
9 306
582 209
77 578
422 887
8 661
561 016
69 364
432 597
8,074
527 525
97, 206
407 300
11
530
81
452
726
651
258
263
11 607
556 022
89 767
122.00
122 00
125. 25
125. 25
125.25
» 125 25
917, 500 1, 065, 800 1, 076, 300 1, 020, 500 1, 077, 600
388, 400
453,000 457, 400 478 400
459 900
955, 600
955, 700 1, 142, 200 1, 004, 900 1, 029, 100
96
89
96
85
88
971 800
455 100
985 500
91
T
116. 75
116. 75
116. 75
117. 00
117.00
119.50
119. 50
883, 200
405, 500
835,000
81
829, 300
355, 200
867, 800
86
923,000
380, 400
880, 500
85
875, 600
417, 600
869, 500
82
880,000
375, 000
906,000
82
850,300
352, 900
832,800
82
845,800
444, 200
773, 700
71
13.55
13.55
13.55
13.55
v 13. 55
000
000
000
000
000
5,550
5,569
5,935
5,765
5,974
5,580
5,538
6,340
6,743
7,471
6,796
6,707
6,288
654.6
639.8
608.8
619.0
636.9
630.2
581.3
614.6
604.1
604.1
666.4
638.7
627.4
575.5
688.9
661.3
693.4
719.1
740.4
777.5
624.1
644.6
626.7
670.8
692.1
688 0
720
557
163
723
575
148
1,371
1,081
290
1,055
855
200
1,240
937
303
1,003
754
249
601
472
129
904
699
205
949
796
153
1,118
930
188
1,263
1,034
229
893
709
184
814
629
185
32, 941
84, 657
67 139
39, 274
84, 190
45, 110
82, 861
55 651
41, 749
86,243
48 776
790
95, 260
78 192
47 466
96,799
PRINTING
Book publication, total
New books
'
New editions
number of editions. _
do
do _
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption __
long tons__
Stocks, end of month
do
Imports, including latex and guayule
do
Price, wholesale, smoked sheets (New York)
dol. perlb__
Chemical (synthetic):
Production
_
long tons
Consumption
do
Stocks, end of month
___do
Exports
_
do
Reclaimed rubber:
Production
do
Consumption
do
Stocks, end of month
do
36, 989
75, 488
83, 283
34, 841
73, 959
76, 383
35, 682
61, 553
85, 172
36, 417
59, 422
82, 974
r
36, 347
63, 988
59, 233
r
36, 946
72, 995
67, 261
32, 760
84, 839
r 50 468
r 51 465
.520
.505
.505
.485
.485
.380
.315
.305
.275
.270
.290
75, 971
70, 330
138, 688
1,831
74, 943
66, 567
145, 277
2,141
79, 416
69, 744
151,249
3,490
77, 437
68, 492
159, 701
2,415
61, 368
67, 339
154, 339
2,350
64,040
66, 203
151, 324
1,154
58, 992
58 642
152, 373
1,499
59, 214
61 214
150, 254
1,921
58, 352
66 668
141, 837
1,573
62 553
73 963
133. 042
1,525
60 540
66 240
123, 745
1,148
27, 755
26, 553
45, 067
23, 883
24, 518
43, 306
22, 808
24, 797
40, 579
23, 948
23, 911
39, 767
23, 142
22, 314
40, 169
21,079
21, 850
38, 973
16, 213
18 354
36, 287
17, 131
20 548
32, 224
21 732
23 131
31, 430
27 405
26 830
3l' 463
22,684
22 896
30, 176
7,872
6,529
2,140
4,243
146
10, 039
150
7,463
6, 184
2,301
3,721
163
11, 370
164
7,786
6,134
2,484
3,512
137
13, 043
181
7,189
6,967
2,814
4,038
115
13, 295
127
7,433
7,443
2,719
4,624
101
13, 263
108
7,366
9,003
2,617
6,256
130
11,668
107
7, 097
7,148
1,186
5,845
117
11, 647
140
6, 933
7,989
1 632
6,226
131
10, 637
159
7 391
8,049
2 826
5 082
141
9 960
154
8 663
7,846
3 200
4 532
114
10, 821
95
7,384
5,892
2 665
3,140
86
12, 272
• 85
5,582
5,475
10,343
93
5,138
4,958
10, 507
125
5,497
5,034
10, 900
105
5,481
5,305
11,013
88
5,771
5,330
11, 493
63
5,536
6, 040
10, 974
83
4,790
4,507
11 223
134
4,867
5, 431
10, 627
79
5 397
5,984
10 086
104
6 220
5,859
10 386
55
5 117
4,617
10 910
60
r
44
r
.300
.295
65 740
71 635
116, 532
1,323
69 386
72 938
118, 612
r
r
r
25 606
r 24 300
30, 664
26 843
25 194
31, 068
7 945
6,226
2 916
3,173
137
14, 096
95
8 238
7,882
3 004
4 794
84
14 118
6 644
4,869
11 744
48
6 130
7 515
10 169
r
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
__
Original equipment
Replacement equipment
Export
.
Stocks, end of month
Exports©
_
Inner tubes:
Production §
Shipments!
- ..
Stocks, end of month §
Exports
r
_
__
thousands
do
do
do __
__do
_ __ do
do
do
do
do
do
r
Revised.
J> Preliminary.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
©Excludes "special category" exports not shown separately for security reasons.
§Includes data for motorcycles.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
February
March
April
May
June
1953
July
August
September
October
November
December
January
164, 085
168, 910
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments.. reams _ .
159, 041
162, 959
174, 155
185, 451
168, 174
161, 544
157, 412
160, 795
174, 449
182, 612
176, 845
17,039
73
12, 696
22, 336
7,056
16, 545
76
14, 362
24, 519
8,987
18, 095
78
15,993
26, 622
10, 741
19, 817
86
21, 764
24, 672
10, 348
21, 829
92
23, 282
23, 220
9,513
20, 748
90
25, 067
18, 896
8,483
21,342
90
25, 084
15, 158
7,548
23, 573
99
25,915
12,819
6,262
23, 010
99
26, 240
9, 584
5,352
24, 181
101
27, 222
6,546
4,360
22, 048
95
19, 771
8 823
4 329
406, 229
353, 812
392, 482
378, 321
434, 789
411,819
484, 468
492, 488
489, 779
479, 409
510, 226
504, 459
538, 183
530, 377
531, 547
512, 135
530, 990
527, 147
546, 446
551, 040
471 331
440 700
27. 317
27.317
27.317
27. 217
27. 217
27. 217
27. 409
27. 409
27. 409
27. 409
27. 409
27. 409
134, 045
86, 576
127, 442
97, 107
139, 685
118,092
139, 573
139, 744
128,020
134, 221
143, 426
145, 603
132, 061
142, 566
136, 595
146, 934
145, 012
150, 341
151, 052
160, 498
130, 019
120 236
135, 309
130 019
81, 948
71, 403
78, 061
75, 617
76,119
69, 494
82, 647
84, 813
84, 209
82, 285
86, 470
83, 994
91, 836
87, 251
85, 434
87, 976
82, 911
83, 338
82, 736
88, 572
73 216
73, 326
78, 823
66, 270
8,941
8,485
8,783
8, 053
9,400
9,005
9,523
9,577
10, 220
9,888
10, 080
9,607
10, 042
9,735
10, 700
11,126
10, 100
9,688
10, 704
10, 119
8,888
8,296
8,250
7,889
783
859
881
1,125
1,216
915
892
1,186
1,464
1,220
719
653
862
2,498
2,123
2,400
2,474
2,767
2,706
2,733
3,210
2,736
2,818
2,234
2,109
2,485
525
841
741
2,161
679
258
9,635
503
874
840
1,962
693
199
10, 093
655
806
979
2,272
783
228
10, 216
767
700
1,061
2,355
850
244
9,863
977
955
940
2,064
735
233
9,871
1,123
1,198
852
1,860
739
214
10, 060
1,073
1,244
905
1,834
788
264
10,107
783
1,257
1,120
2,313
928
327
9,449
476
768
1,035
2,111
772
327
9,594
666
570
1,380
2,298
859
307
9,854
330
528
1,381
2,083
751
270
10, 087
484
714
961
1,928
756
285
10, 166
385
535
911
2,356
808
260
10, 427
4,883
4,473
11, 837
5,136
5,514
9,989
5,3575,061
10, 241
4,701
4,987
9,892
4,537
5,329
9,073
4,831
5,491
8,349
4,966
5,245
8,023
5,833
5,181
8,628
3,816
4,050
8,389
5,696
6,012
8,035
5,191
4,693
8,431
4,960
4,428
8,911
5,975
5,399,
8,72*
3,005
3,857
3,431
3,474
3,551
2,908
2,945
3,354
3,308
4,374
3,666
3,295
3,652
15, 627
16, 757
27, 068
14, 108
15, 034
26, 140
13, 278
12, 886
26, 327
14,360
13, 555
27, 204
PORTLAND CEMENT
Production
_
Percent of capacity
Shipments
Stocks, finished, end of month
Stocks, clinker, end of month
thous. of bbl
thous. of bbLdo
do_ .
20 881
87
13 740
'r 15 957
5 385
18, 855
79
13, 520
21 292
7,431
CLAY PRODUCTS
Brick, unglazed:
Production^
thous of standard brick
Shipments J
do
Price, wholesale, common, composite, f. o. b.
plantf
dol. per thous_.
Clay sewer pipe, vitrified :f
Production
short tons
Shipments
do
Structural_ tile, unglazed :t
Production
do
Shipments
do
1
436 50*
383, 597
27. 409
GLASS PRODUCTS
Glass containers:
Production
thous. of gross..
Shipments, domestic, total
do
General -use food:
Narrow-neck food
~
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) _ -thous. of gross. _
Beverage (returnable and nonreturnable)
thous. of gross. Beer bottles
do
Liquor and wine
do
Medicinal and toilet
do
Chemical, household and industrial d o _ _ _
Dairy products
do
Stocks, end of month
.
do
Other glassware, machine-made:
Tumblers:
Production
thous. of dozens..
Shipments
-do
Stocks
do
Table, kitchen, and householdware, shipments
thous. of dozens. -
9,293
8,602
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous of short tons
Production
do
Gypsum products sold or used, quarterly total:
TJncalcined
short tons
Calcined:
For building uses:
ase cpar p siers
All other building plasters
do
Tile
WaHboardd71
do
do
401
1,806
1,582
734
2,067
1,720
1,218
2,164
1 846
526,045
559,966
602, 603
451, 841
13, 086
134, 090
508, 785
7,602
761, 566
67, 484
494, 822
14, 045
143, 059
589, 300
6,670
830,644
61, 426
533, 226
13, 337
165, 283
645 548
6 265
902, 174
58 438
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs..
Shipments
-do
Stocks end of month
do
' 13, 899
' 13, 191
28, 907
13, 465
13, 495
28, 851
13, 250
13, 961
28, 163
13, 476
13, 551
28,067
13, 324
12, 317
29,129
13, 046
12, 481
29, 774
11, 768
11,637
29, 905
13, 892
14, 447
29,350
14, 076
15, 155
28, 200
COTTON
Cotton (exclusive of linters):
Production:
2 15, 072
176
1,413
5,716
10, 786
14, 530
13, 420
13, 988
Ginnings§
thous of running bales
Crop estimate, equivalent 500-lb. bales
2
15,
144
thous of bales
674, 773
769, 641
735, 251
686, 951
697, 637
744, 383
736, 248
923, 219
915, 593
759, 737
848, 055
697, 984
Consumption^
bales
Stocks in the United States, end of month,
' 7, 662 ' 6, 522 r 5, 355
' 3, 449 ' 2, 789 ' 16, 667 ' 15, 704 ' 14, 503 ' 13, 422
' 4, 366
12, 373
rr 8, 977
totall
thous. of bales- r 6, 425
r 7, 560
' 5, 258 ' 4, 280 ' 3, 370 ' 2, 720 ' 16, 600 ' 15, 646 ' 14, 452 ' 13, 371 12,317
8, 897
Domestic cotton, total
-do
'527
'401
' 2, 345
' 1, 535 ' 1, 069
'742
'220 ' 13, 991 ' 10, 720 ' 6, 550 ' 4, 495
2,967
On farms and in transit
do
1,795
7,779
' 4, 385
' 3, 761 ' 2, 986 ' 2, 372
' 1, 783 ' 1, 502
3,977
6,644
7,437
* 4, 910
Public storage and compresses
-do
1,594
' 1, 380
'999
1,640
1,530
' 1, 186
814
949
1,439
1,571
••1,642
1,258
Consuming establishments
do
'103
97
97
'79
'69
51
51
55
86
66
80
58
Foreign cotton, total
do
r
J
2
4
Revised. Specification changed; earlier data not strictly comparable.
Total ginnings of 1951 crop.
3 Ginnings to January 16.
December 1 estimate of 1952 crop.
JRevisions for January-July 1951 will be shown later.
fRevised series. Data beginning 1947 will be shown later.
cf Includes laminated board, reported as component board.
§Total ginnings to end of month indicated.
IfData for January, April, July, and October 1952 and January 1953 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
3 14, 715
« 15, 038
893, 806
11, 093
11,019
1,882
7,442
1,695
74
SURVEY OF CUKKENT BUSINESS
March 1953
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-39
1953
1952
January
February
March
April
May
June
July
August
September
October
November
December
January
337 208
»• 12 362
34.1
465, 966
33 268
31.7
29.8
TEXTILE PRODUCTS—Continued
COTTON—Continued
Cotton (exclusive of linters)— Continued
Exports
bales
Imports
_. do
Prices (farm), American upland
cents
per
Ib .
Prices, wholesale, middling, 1W, average, 10
markets
cents per Ib
Cotton linters :f
Consumption
_
thous. of bales
Production
... do
Stocks, end of month
do
676, 299
15, 453
38.5
587, 763
35, 470
36.9
419, 104
1,652
36.0
41.8
40.6
40.8
40.7
38.6
'121
221
620
120
174
629
108
140
655
98
99
630
97
70
560
62, 133
1,884
72, 283
1,999
2,381
73, 609
1,434
59, 942
1,643
29.04
42.7
17.8
19.4
28.45
42.7
17.0
18.8
26.61
42.7
16.5
18.0
.784
1.069
21, 360
20, 102
11, 399
465
10, 686
125.8
334, 248 ' 315, 842 264, 418
1,449
373
4,367
36.8
36.0
38.0
r
240, 501 «• 296, 025
7 735
10 909
39.1
36.8
48, 116
6,865
37.0
106, 853
7 797
37.9
39.4
39.4
38.9
36.7
34.8
33.1
32.5
99
46
541
80
36
532
95
46
528
88
168
578
108
256
706
109
233
837
114
211
901
111
207
1,047
63, 442
1,295
2,264
54,136
1,251
54, 291
2,532
63, 315
1,529
f 2 325
61, 830
3,976
' 70, 88667, 119
6,433
3,271
P 2 540
58, 627
7,634
25.83
42.7
16.4
17.3
26.17
42.7
16.0
16.5
24.40
40.7
16.8
16.5
27.09
40.7
17.4
17.0
28.89
40.7
18.4
17.5
31.13
40.7
19.3
17.8
33.98
40.7
19.3
17.8
34.98
40.7
18.3
17.8
36.45
40.7
18.5
17.3
36.47
p 39. 0
P18.3
P17.2
.755
1.035
.738
1.019
.730
.991
.727
1.006
.733
1.022
.742
1.045
.767
1.080
.762
1.082
.745
1.075
.728
' 1. 047
p. 710
* 1.017
21, 126
19, 854
9,265
471
8,696
127.3
21, 159
19, 885
9,040
452
8,478
122.3
20, 910
19, 613
10, 607
424
9,948
114.5
20, 834
19, 513
8,110
416
7,532
112.0
20, 770
19, 453
8,700
435
8,102
117.3
21, 325
19, 948
9,112
380
8,501
102.2
21, 398
20, 000
9,516
476
8,870
128.1
21,432
20, 041
9,768
501
9,134
135.1
21, 612
20, 215
12,341
499
11, 525
134.8
21, 583
20, 180
9,870
506
9,219
137.0
21, 632
20, 290
9,183
483
8,637
130.9
21, 680
20, 314
12, 282
501
11, 521
135.7
63.1
27.3
57.8
23.6
55.6
19.9
57.7
21.6
66.8
24.2
75.2
27.2
83.1
26.9
84.7
28.0
81.0
26.7
75.0
24.1
73.6
26.8
71.2
25.1
76.7
24.1
97.5
15.2
8,011
99.3
15.7
9,509
101.7
18.0
11, 175
99.1
18.9
7,128
90.0
17.8
3,864
78.8
15.2
65.1
15.9
3,995
57.7
15.0
5,960
54.9
15.5
5,010
58.4
17.8
3,872
59.1
15.9
3,687
64.4
17.4
3, 691
64.0
19.3
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.366
p. 780
p. 366
40.4
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production, quarterly cf
mil. of linear yards
Exports
-thous. of sq. yd
Tm ports
do
Prices, wholesale:
Mill margins
cents per Ib
Denim, 28-inch*
cents per yd
Print cloth, 39-inch, 68 x 72* _ .
do
Sheeting, in gray, 40-inch, 48 x 44-48*
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:*
20/2, carded, weaving
dol. perlb__
36/2 combed knitting
do
Spindle activity (cotton system spindles) :f
Active spindles, last working day, total _ . _ thous _ _
Consuming 100 percent cotton ._
__ do
Spindle hours operated, all fibers, totai.mil. of hr.Average per working day
_ ._ do _.
Consuming 100 percent cotton
do
Operations as percent of capacity
RAYON AND ACETATE AND MFRS.
Filament yarn and staple:
Shipments, domestic, producers':
Filament yarn
mil of Ib
Staple (incl tow)
do
Stocks, producers', end of month:
Filament yarn
.
do __
Staple (incl. tow)
do
Imports
thous. of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. perlb..
Staple, viscose, 1^ denier
do
Rayon and acetate broad-woven goods, production,
quarterly cT~
thous. of linear yards. _
f
406,372
445, 562
460, 958
P 499, 197
SILK
Silk, raw:
Imports
thous. of Ib
Price, wholesale, white, Japanese, 20/22 denier,
87% (AA), f. o. b. warehouse 9
dol. per lb..
1,524
1,205
975
705
861
1,275
967
893
1,363
1,071
716
1,032
4.82
4.97
4.91
4.89
4.90
4.95
5.23
5.43
5.43
5.47
5.43
5.45
29, 330
11,005
28,493
24,756
9,720
27, 432
23,924
9,252
28, 519
30, 020
11, 020
34,347
25, 472
8,072
30, 633
' 27,284
5,644
' 24,825
31,350
6,380
31, 013
30, 432
9,044
26, 979
30, 872
10, 548
28, 118
38, 025
12, 860
64,994
r 28, 420
10, 920
20, 316
27,008
11, 688
29, 686
i 1. 820
11.644
1 1. 600
1 1. 580
11.594
11. 600
1.627
i 1. 660
1 1. 596
1.665
1.725
1.725
.722
.644
.638
.598
.585
.585
.594
.605
.590
.620
.650
.650
.650
i 1. 725
1 1. 562
1. 375
1.375
1.425
11.425
1.425
i 1. 425
1 1. 425
1 1. 535
i 1. 625
i 1. 675
i 1. 725
130
1,745
139
1,735
14
18
147
1,592
19
136
1,534
13
145
1,647
16
145
1,743
20
130
1,528
19
163
1,727
20
166
1,811
19
169
1,893
18
165
r 1, 880
18
159
1,937
17
112
47
126
50
128
51
117
48
114
51
73
40
56
27
113
46
134
52
138
54
139
52
144
56
70, 037
68,175
73, 268
74, 786
110
121
67, 953
72, 644
119
63, 457
71, 007
120
67, 772
70, 404
120
78, 524
131
61, 138
68, 504
120
73, 806
83, 377
149
75, 293
86, 475
155
74, 918
86, 856
154
'
74, 495 71, 275
r
83, 067
83, 812
146
141
60, 710
6,150
40, 305
14, 255
53, 472
6,092
35, 768
11, 612
50, 984
5,356
34, 056
11, 572
60, 115
6,705
40, 290
13, 120
51, 056
6,036
34, 204
10, 816
50, 205
6,563
36,844
54, 200
7,455
39, 585
7,160
55, 340
7,960
37, 208
10, 172
57,832
7,608
38, 016
12, 208
72, 190
8,980
47, 705
15, 505
r 56, 480
54,316
5,768
6,888
r
36, 580
34, 948
' 13, 012 13, 600
2.389
2.286
2.219
2.110
2.098
2.128
2.146
2.164
2.134
2.122
P5.55
WOOL
Consumption (scoured basis) :§
Apparel class
thous. of lb_.
Carpet class
do
Imports, clean weightA
_
do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured__dol. per lb_.
Raw, bright fleece, 56s, 58s, greasy, 47 percent
shrinkage
dol. perlb..
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol. per Ib _
1
1.725
WOOL MANUFACTURES
Machinery activity (weekly average) :§
Looms:©
Woolen and worsted:
Pile and Jacquard___ thous. of active hours. .
Broad
do
Narrow
do
Carpet and rug:
Broad
do
Narrow
do
Spinning spindles:
Woolen
.
-do
Worsted©
do _.
Worsted combs
do
Wool yarn:
Production, total §0
.
thous. of Ib
Knitting§
do
Weaving §
do
Carpet and other§
. _. - do
Price, wholesale, worsted yarn (Bradford
machine knitting system) 2/20s*...dol. per lb__
r
2.122
2.122
p 2. 122
Revised.
P Preliminary.
1 Nominal price.
IData for January, April, July, and October 1952 and January 1953 cover 5-week periods and for other months, 4 weeks; stocks and number of active spindles are for end of period covered.
cfBeginning 1951, production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool and rayon and cotton fabrics produced on woolen and worsted looms( which cannot be distributed between cotton and rayon goods) amounted to approximately 73 million yards in 1950.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics: monthly data beginning 1947 (except for cotton yarn and sheeting) will be shown later.
9 Substituted series. Data beginning January 1950 will be shown later.
§Data for January, April, July, and October 1952 cover 5-week periods; other months, 4 weeks.
Almports of unmanufactured wool converted to a clean-weight basis; imports were formerly shown in actual weight, i. e., in the condition received.
©Beginning 1951, looms weaving fabrics principally wool by weight.
©See note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
March 1953
1952
January
February
March
April
June
May
1953
July
August
September
October
November
December
January
TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES—Continued
Woolen and worsted woven goods, except woven
feltsrt
Production quarterly, total
thous of lin. yd
Apparel fabrics total
do
Government orders
do
Other than Government orders total do
Mien's and boys'
do
"W omen's and children's
do
Nonapparel fabrics total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel, 12-13 oz./yd., 57"/60"*_ - _. 1947-49=100 ..
Gabardine, 10#-12# oz./yd. ,56"/58"*
do....
125.7
111.1
124.3
111.1
122.6
111.1
r
r
r
r
82, 742
71, 466
17, 241
54, 225
27, 390
26, 835
11, 276
5,572
5,704
87, 185
75 687
23,533
52 154
25, 111
27 043
11, 498
6,536
4,962
122.6
107.5
117.8
107.5
117.8
107.5
88, 555
78 760
14, 943
63 817
'r 27, 013
36 804
' 9, 795
5,549
r
4, 246
115.8
107.5
95, 313
82 715
11, 197
71, 518
30, 726
40, 792
12, 598
7,483
5,115
115.8
107.5
111.3
107.2
111.3
107.2
111.3
107.2
112.5
103.9
268
84
254
97
112.5
1Q3.9
TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft shipments
Exports J
224
42
227
212
248
73
291
149
330
115
335
'111
353
67
349
76
337
57
293
96
number. _
do
do
do
do
do
do
375, 410
778
755
273, 122
258, 158
101, 510
85, 493
435, 216
625
525
333, 224
315, 012
101,367
85, 157
482, 973
569
499
372, 440
352, 064
109, 964
92, 614
529, 585
597
507
415,357
396, 393
113, 631
98, 110
503,917
423
329
397, 486
380, 952
106, 008
90,983
518, 710
484
382
407, 962
392, 471
110, 264
94, 962
211, 782
224
220
168, 327
161, 862
43, 231
36, 231
270, 982
349
271
218, 577
211, 140
52, 056
45, 204
551,159
387
330
438, 397
425, 266
112,375
99, 375
604, 261
389
260
471, 808
459, 958
132, 064
116, 449
do
do
do
r 22, 171
9,205
' 12, 966
31, 614
14, 272
17, 342
33, 808
16, 280
17, 528
32, 772
17, 633
15, 139
22, 784
10, 813
11, 971
14, 049
7,026
7,023
' 20, 073
10, 564
' 9, 509
22,005
9,410
12, 595
22, 047
9,015
13, 032
21,054
9,455
11, 599
. do
do
do
do
do
5,013
4,657
1,950
2,707
313
4,655
4,416
1,873
2,543
219
5,124
4,733
1,994
2, 739
364
5,298
4,833
1,963
2,870
369
5,163
4,602
1,854
2,748
335
4,029
3,681
1,219
2,462
292
3,673
3,369
1,281
2,088
263
4,471
4,108
1,897
2,211
230
4,887
4,552
2,280
2,272
242
5,465
5,149
2,708
2,441
260
4,907
4,609
2,464
2,145
250
5,392
5,033
2,560
2,473
248
5,858
5,318
2,588
2,730
223
do
-- do
301, 379
59, 661
295, 479
59, 285
322, 857
63,364
374, 288
73, 461
422, 217
71, 690
423, 655
71, 471
340, 454
72, 134
215, 668
57, 786
318, 870
65, 381
383, 385 '360,236
399,906
77,486 ' 70, 431 69, 949
386, 221
72, 606
8,643
6,082
6,082
2,561
8
8
8
0
7,383
5,494
5,494
1,889
21
21
10
0
8,161
5,840
5,838
2,321
4
4
4
0
7,433
5.234
5,204
2,199
12
12
12
0
7,263
5,171
4,765
2,092
2
2
2
0
6,539
4,976
4,848
1,563
13
13
13
0
5,658
4,116
3,860
1,542
8
8
8
0
4,674
2,990
2,853
1,684
5
5
6
0
3,935
2,052
1,879
1,883
13
13
13
0
5,577
3,103
2,963
2,474
11
11
11
0
6,098
4,201
4,032
1,897
11
11
11
0
7,968
5,893
5,769
2,075
20
20
20
0
8,103
6,094
5,972
2,009
15
15
15
0
1,755
1,758
1,761
1,761
1, 763
1,764
1,763
1,759
1, 757
1,755
1,756
1,757
1,759
87
5.0
98, 566
63, 482
35, 084
87
5.0
93, 605
60,107
33, 498
89
5.1
91, 056
58, 234
32, 822
93
5.3
89, 917
54, 810
35, 107
96
5.5
84,341
51, 198
33, 143
101
5.7
77, 984
46, 409
31, 575
107
6.1
76, 870
45, 094
31, 776
102
5.8
75, 684
43, 144
32, 540
98
5.6
73, 609
42, 171
31, 438
89
5.1
74, 728
41, 381
33, 347
90
5.2
72, 400
40, 355
32, 045
88
5.0
67, 138
35,803
31, 335
88
5.0
66, 368
36, 550
29, 818
2,643
12.7
2,701
13.3
2,480
12.6
2,502
13.0
2,237
12.1
2,170
12.0
2,131
12.0
2,217
12.7
2,125
12.5
2,015
12.1
1,939
11.9
1,890
11.9
2,004
18
1,573
17
1,441
16
1,463
30
1,347
28
1,156
26
1,186
25
976
23
841
21
864
19
894
17
943
15
'98
37
56
59
39
'58
54
52
43
49
45
51
658
607
51
681
611
70
702
646
56
643
598
45
652
617
35
648
554
94
394
369
25
564
528
36
516
488
28
588
549
39
622
585
37
741
674
67
number
do
MOTOR VEHICLES
Factory sales, total
Coaches total
Domestic
Passenger cars, total
Domestic
Trucks, total
Domestic
Exports total J
Passenger carst
Trucks and bussest
_
._
-
Truck trailers production, total
Complete trailers
Vans
All other
Trailer chassis
- -
Registrations:
New passenger cars
New commercial cars
' 32, 895 ' 28, 670
' 18, 139 ' 13, 468
' 14, 756 15, 202
519, 536 ' 535, 027
319
231
244
189
405,111 ' 418, 982
394, 313 ' 406, 156
114, 106
115,814
102, 504
103, 648
563, 923
248
213
453, 319
435, 129
110, 356
96, 728
RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
Freight cars, total
. .number. _
Equipment manufacturers, total
do
Domestic
- do
Railroad shops domestic
do
Passenger cars, total
do
Equipment manufacturers, total
do
Domestic
- -do__ _
Railroad shops domestic
do
Association of American Railroads:
Freight cars (class I), end of month :§
Number owned
thousands. _
Undergoing or awaiting classified repairs
thousands- _
Percent of total ownership
Orders unfilled
number
Equipment manufacturers.
___do
Railroad shops
do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
number ._
Percent of total on line
Orders, unfilled:
Diesel-electric and electric locomotives, total
number of power units. _
Steam locomotives, total
numberExports of locomotives total
do
948
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments total
Domestic
Export
number _
_ _ _ do __
do
704
669
35
r
Revised.
tRevised series. Beginning with data for 1951, the Bureau of the Census reports for woolem and worsted woven fabrics refer to goods which are principally wool by weight (i. e., exclude
fabrics containing 25-49.9 percent wool previously included).
*New series. Compiled by 17. 5. Department of Labor, Bureau of Labor Statistics. More complete specifications are: Flannel suiting—men's and boys', woolen, stock dyed, fine and medium
grade; worsted suiting—women's and children's, gabardine. Monthly data beginning 1947 for flannel and beginning 1950 for gabardine will be shown later.
J Data through December 1951 for total exports and trucks and busses exclude military-type exports not shown separately for security reasons; thereafter the figures, including those fc.
passenger cars, exclude all military-type exports.
§Not including railroad-owned private refrigerator cars.
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages
Pages marked S
Abrasive paper and cloth (coated)
38
Acids
24
Advertising
.
7, 8
Agricultural income and marketings
_
2
Agricultural wages, loans
15
Aircraft.....
11,12,14,40
Airline operations
22
Alcohol, denatured and ethyl
24
Alcoholic beverages
.- 2, 6, 8, 27
Aluminum
33
Animal fats, greases
25
Anthracite
2,5,11,13,14,15,34
Apparel, wearing
3, 4, 5, 6, 8, 9, 11,12, 14,15, 38
Asphalt and asphalt products
36
Automobiles
2, 3, 7, 8, 9,11, 12,13,14, 18, 21
Balance of payments
,-20
Banking
15,16
Barley
28
Barrels and drums
32
Battery shipments
34
Beet and veal
29
Beverages, alcoholic
2, 6, 8, 27
Bituminous coal
2, 11, 13,14,15,34,35
Boilers
33,34
Bonds, issues, prices, sales, yields
19
Book publication
37
Brass
33
Brick
38
Brokers' loans
16,19
Building construction (see Construction).
Building contracts awarded
6
Building costs
7
Building materials
7, 8, 9
Business, orders, sales, inventories
3,4
Businesses operating and business turn-over..
Butter
Candy__.
29
Cans, metal
.
33
Capital
flotations
18,19
Cat-loadings
22,23
Cattle and calves
29
Cement and concrete products
2,6,38
Cereal and bakery products, price
5
Chain-store sales (11 stores and over, only). _ .
9
Cheese
27
Chemicals
2, 3, 4, 5, 12, 14, 15, 18, 21, 24
Cigars and cigarettes
6, 30
Civil-service employees
12
Clay products (see also Stone, clay, etc.)
2. 38
Clothing
5, 8, 9, 11, 12, 14, 15, 38
Coal
2,5,11,13,14,15,34,35
Cocoa
.
29
Coffee
..
22,29
Coke
2,35
Commercial and industrial failures
4
Construction:
Contracts awarded
6
Costs
7
Dwelling units started
_
7
Employment, wage rates, earnings, hours __
11,
12,13,14,15
Highway
6,12
New construction, dollar value
6
Consumer credit
16
Consumer expenditures
1, 8
Consumers' price index
5
Copper
21,33
Copra and coconut oil
25
Com
19,28
Cost-of-living index (see Consumers' price
index)
5
Cotton, raw, and manufactures
2, 5, 6, 21, 38, 39
Cottonseed, cake and meal, oil
25
Crops
2, 5, 25, 27, 28, 30, 38
Currency in circulation
18
Dairy products
Debits, bank
Debt, short-term, consumer
Debt. United States Government
Department stores
Deposits, bank___
Disputes, industrial
Distilled spirits
Dividend payments and rates
Drug-store sales
,
Dwelling units started
.
2, 5,14, 27
15
16
17
9, 10, 16
15,16,18
13
27
1,18,20
...
8,9
7
Earnings, weekly and hourly
13,14,15
Eggs and poultry
2, 5, 29
Electric power
5, 26
Electrical machinery and equipment
3,4, 5, 7,34
Employment estimates
10,11,12
Employment indexes
12
Employment security operations
13
Emigration and immigration
23
Engineering construction
6
Expenditures, United States Government
16
Explosives
25
Exports (see also individual commodities)
21
Express operations
22
Factory employment, payrolls, hours, wages
11,
12,13,14,15
Failures, industrial and commercial
4
Farm income and marketings
2
Farm products, and farm prices.
_
2, 5
Farm wages
15
Fats and oils
5,25,26
Federal Government,
finance
16,17
Federal Reserve banks, condition of.
15,16
Federal Reserve reporting member banks
15,16
Fertilizers
5,24
Fiber products...
34
Digitized
FRASER
Firefor
losses
7
Pages marked S
25,29
25
31,32
__28
2,
3,4, 5, 7, 8, 9, 11, 12, 14, 27, 28, 29, 30
Footwear
2, 5,8,9, 12,14, 15,31
Foreclosures, real estate
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21,22
Foundry equipment
.
34
Freight carloadings, cars, indexes
22, 23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables
2, 5, 21, 27
Fuel oil
_ _
35
Fuels
_
_
_
___ 2,5,35
Furs
.
22
Furnaces. _ __
34
Furniture
2,5,8,9,11,12,13,14
Gas, customers, prices, sales, revenues
5, 26
Gasoline
.
36
Glqss and glassware (see also Stone, clay, etc.). 2,38
Generators and motors
34
Glycerin
24
Gold
18
Grains
5,19,21,28
Gross national product
1
Gypsum and products
6, 38
Heating and ventilating equipment
6, 33,34
Hides and skins
5,22,30
Highways
6, 7
Hogs
29
Home Loan banks, loans outstanding
7
Home mortgages
7
Hosiery
38
Hotels
11,13,14, 15,23
Hours of work per week
12,13
Housefurnishings
5, 8, 9
Housing
5, 6, 7,8
Immigration and emigration
23
Imports (see also individual commodities)
21, 22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
16
Instalment sales, department stores
10
Insulating materials
34
Insurance, life__
„
17,18
Interest and money rates
16
International transactions of the U. S
20, 21, 22
Inventories, manufacturers' and trade
3,9,10
Iron and steel, crude and manufactures
,__
2,
6,14,21,32,33
Jewelry stores, sales, inventories
8, 9
Fish oils and
Flaxseed
Flooring
Flour, wheat
Food products
fish
Kerosene
_.,
35
Labor disputes, turn-over
13
Labor force
10
Lamb and mutton
29
Lard
29
Lead"
33
Leather and products
2, 3, 4, 5, 12, 14, 30, 31
Linseed oil
25
Livestock
2, 5, 29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
7, 15, 16, 17, 19
Locomotives
40
Looms, woolen, activity
39
Lubricants
35
Lumber
2, 5, 11, 12, 13, 14, 31, 32
Machine activity, cotton, wool
39
Machine tools_,
.
34
Machinery
2,3,4,5, 11, 12, 13, 14, 18, 21,34
Magazine advertising
8
Mail-order houses, sales
10
Manufacturers' sales, inventories, orders
3,4
Manufacturing production indexes
2,3
Meats and meat packing
2, 5, 11, 12, 14, 29
Metals
2,3,4,6, 11, 12, 13,14, 15, 18,32,33
Methanol
24
Milk
27
Minerals
2,3, 13, 14, 15
Money supply
18
Mortgage loans
_ _ 7, 15, 16
Motor fuel
36
Motor vehicles
3,5, 8, 9,40
Motors, electrical
_.
34
National income and product
1
Newspaper advertising
8
Newsprint
22,37
New York Stock Exchange
19,20
Oats
28
Oil burners
34
Oils and fats
5,25,26
Oleomargarine
26
Operating businesses and business turn-over. _
4
Orders, new and unfilled, manufacturers'.
4
Paint and paint materials
5, 26
Paper and pulp
2,3,6, 11,12, 14,36,37
Paper products
2,3,4,36,37
Passports issued
23
12
Payrolls, indexes
8
Personal consumption expenditures. _ ~ _
1
Personal income
1
Personal saving and disposable income.
2,
Petroleum and products
3, 4, 5,11, 12, 13,14,15, 21, 22, 35, 36
Pig iron
Plant and equipment expenditures
32
1
Plastics and resin materials,
Plywood
.„.*
Population
. ..
Pork
Postal business.. .. .;...
Postal savings.......„...„
Poultry and eggs
.........^4.
Prices (see also individual commodities):
Consumers' price iniflex-i......-...*!^
Received and paid by farmers ^.....,4
Retail price indexes-..
........»-Wholesale price indexes
........V.
Printing. _ _•
„_ .2,3,4,
Profits, corporation
.... >.
,„. .,„
Public utilities
1,5,11,13," 14, 15, lJ,!J|J.ii
Pullman Company.-Pulpwood__
. i
^..WV *,TO,,
Pumps
^--......*....'.-. , - -S4;,
Purchasing power of the dollar..^.J»..w ..Vo^
Radio advertising, production--._..._....|fc."""~*'7^34'
Railways, operations, equipment, financialsta- * \
tistics, employment, wages.
-__l^i,—_._ ' '^'11 "*
11,12,13,14,15,17,18,1 .
Railways, street (see Street railways* etc.). ;
Rayon and rayon manufactures ..-..-.,„.* H t 8L$9' *;
Real estate
-^..„..;.... !*-'f. -.
Receipts, United States Government....,..:*,.
y$*; \
Reconstruction Finance Corporation, loans
h lf
X
Refrigerators
._,...
•-......»*.. "' '""$4
"
Rents (housing), index
,
.
. . w 1-." , <• ;;S 1
Retail trade, all retail stores, chain stores ($! . ^ -,. (:
stores and over only), department stort^ ; ;™ ; *
general merchandise
. '. . . - 3* 4,0,1% 10 '*
Rice
,
......* ; ,; |8 '"''
Roofing and aiding, asphalt
..J.... ..},,,48
Rosin and turpentine
..
. , ..*,«
*t»4 <
Rubber, natural, synthetic, and reclaimed, J, \
tires and tubes
.
-L.... '3818? • i
Rubber industry, production index, sales, in- **»:£, %>!
ventories, employment, payrolls, hours, If . t *' At
earnings
2,3,4, $3f t4f|S;' '
Rural sales...
. 1...................ia '"' Vn IOV "
Rye
.
**-«' ~" 9$ ,"
Saving, personal..—', ........
...^...i. -''T*-' t":'"-f
Savings deposits .
1—.
... ,3,3'' ; f £fji '-"'
Securities issued
.
... .... .... 'tJlflv v
Service industries-....
...........vV...*»'
Sewer pipe, clay
......—i... * i * *'.-.'.;„. *J4 • - •
Sheep and lambs
,
.„-i. *'_'„'-1*.*.:-'^ ^1
Shipbuilding
....
fii"
Shortenings
....
Silk, imports, prices
....
Silver
Skins_~r""III-I-IIIIIIIIIII
Slaughtering and meat packing
,.^.I/. i,<i2y
;.j'_v.*.*v * * «
Soybeans and soybean ofl^-..i.j
.^.Jwli-i*
Spindle activity, cotton, wool
*.,
'.-.*
Steel ingots and steel manufactures, (see' also
Iron and steel) *....
— ..........
Steel, scrap
^ •_..k.<;
Stocks, department stores (see also Manufac*
turera' inventories)
; '...;;.
Stocks, dividends, issues, prices, sales, yields—
Stokers, mechanical
..........5
Stone, clay, and glass products—.^4^-^--.^.:
Stoves
Street railways and buses
Sugar.__.._„_„,.... .—-.„....,
_
r
Sulfur
I.I
^••^•I^mimj
Sulfuric acid
......
. ..^J^...M«i"
Superphosphate
..^...^.^.u...
Tea
_. n
..,^.wU*
Telephone, telegraph, cable, and railiortele^
graph carriers
i..*
11, l£L i4».t^"
Textiles
2,3, 4, 6,11,12,14, \$&,
Tires and inner tubes
Tobacco
..
•
I
34
••?** :
:«4-
">4if-
-. 6, JL, _
2,3,4,5;6,7,8,|El,12i|
Tools, machine
..^..s.i^
Trade, retail and wholesale, 3,4^8.ft-,|0, llf W
Transit lines, local
,
'*.
»
Transportation, commodity and „_
Transportation equipment..._ 2,3,
Travel..
......A^'.^
Truck trailers
.
•>.!.._.^i.j+d**:
Trucks
|<...i...i,^4^i
A
Turpentine and rosin
...- ........A.^^
Unemployment and uneraplc<9riJM^t:W«ia^M»-!
tion
i;...'.'...i.;J
United States Government lx«ds.,.w..*i
if
United States Government, finance. ....!.U.'4.
Utilities.
1,5,11,13,14, " " "
Vacuum cleaners
.._, .......^.Ly,
Variety stores
.—,<..:4..-iri,.-[
Vegetable oils
.:.,...«.«
"
Vegetables and fruits
j
.—--^. 2,fl, ,
Vessels cleared in foreign trade.-.._.,...;....•. ||»
Veterans' unemployment allowances.'..!.
'
Wages, factory and miscellaneous-------- 13,1
Washers-.
Water heaters
-
.
.i.......**•/
^^;
Wax_
.
....
Wheat and wheat
flour......._....».-.
Wholesale price indexes
.—...«»j..
Wholesale trade
„.-..
Wood pulp
.
.-....-......^.*,,;.6.i..i. T , ,«
Wool and wool manufactures....-.-. 2,6,22,39,^
Zinc
.....................^.«
Balance
of
Payments
of theUnited States
1949-1951
The barometer of the United
States position in foreign trade
THISIS latest Balance of Payments volume continues
a series published since 1922 by the Department of
Commerce to provide world traders and experts on
international economic relations with an instrument
for gauging the equilibrium of our foreign transactions.
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
OFFICIAL BUSINESS
First Class
Published in 1952 by the Office of Business Economics,
Balance of Payments, 1949—1951) can be ordered from
the Superintendent of Documents, U. S. Government
Printing Office, Washington 25, D. C., or from your
nearest Field Service office of the Department of Commerce. 165 pages, illustrated. Price $1.25 per copy.
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