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MARCH
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1956
SURVEY
OF
CURRENT
BUSINESS
D E P A R T M E N T OF COMMERCE
FIELD SERVICE
No. 3
MARCH 1956
Albuquerque, N. Mex.
321 Post Office Bldg.
Los Angeles 15, Calif,
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Atlanta 23, Ga,
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Memphis 3, Tenn.
22 North Front St.
Boston 9, Mass.
U. S. Post Office and
Courthouse Bldg,
Miami 32, Fla.
300 NE. First Ave.
Buffalo 3, N. Y.
117 Ellicott St.
PAGE
THE BUSINESS SITUATION
1
Trends in Output
3
The Balance of Payments during the Fourth
Quarter
«...
*
*
5
1100 Cheater Ave.
Dallas 2, Tex.
1114 Commerce St.
9
Inside back cover
Published by the U. S. Department of Commerce, SINCLAIR WEEKS,
Secretary.
Office of Business Economics, M. JOSEPH ME EH AN,
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Denver 2, Colo.
142 New Customhouse
Detroit 26, Mich.
230 W. Fort St.
*
MONTHLY BUSINESS STATISTICS.. ..S-l to S-40
Statistical Index
Cincinnati 2, Ohio
442 U. S. Post Office
and Courthouse
Cleveland 14, Ohio
Developments in Overseas Transportation.... 15
*
Cheyenne, Wyo.
307 Federal Office Bldg.
Chicago 6, 111.
226 W. Jackson Blvd.
*
SPECIAL ARTICLES
Business Expectations for 1956—
Investment Outlays and Sales
*
Charleston 4, S. C.
Area 2,
Sergeant Jasper Bldg.
El Paso, Tex.
Chamber of Commerce
Bldg.
Minneapolis 2, Minn,
2d Ave. South and
3d St.
New Orleans 12, La.
333 St. Charles Ave.
New York 17, N. Y.
no E. 45th St.
Philadelphia 7, Pa.
1015 Chestnut St.
Phoenix, Ariz.
137 N. Second Ave.
Pittsburgh 22, Pa.
107 Sixth St.
Portland 4, Oreg.
520 SW. Morrison St.
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1479 Wells Ave,
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1103 East Main St.
St. Louis 1, Mo.
1114 Market St.
Salt Lake City 1, Utah
222 SW. Temple St.
Houston 2, Tex.
430 Lamar Ave.
San Francisco 11, Calif.
555 Battery St.
Jacksonville 1, Fla.
311 W. Monroe St.
Savannah, Ga.
125-29 Bull St.
Kansas City 6, Mo.
911 Walnut St.
Seattle 4, Wash.
909 First Ave.
For local telephone listing, consult section
devoted to U. S. Government
MARCH 1956
By the Office of Business Economics
J USTNESS activity in early 1956 has been maintained at
B,
the high rate of the fourth quarter of last year. In most
major industries production and sales have tended to level
off, while among industries showing pronounced changes the
movements have been mixed. This is in contrast to last
year, when most major sectors were rising. As a result,
nearly all of the comprehensive monthly indicators of
economic activity have varied but little from their levels at
the end of 1955.
The strongest segment of demand currently is fixed capital
investment by business. Outlays for plant and equipment
continue to rise strongly, and further advances during the
remainder of 1956 are indicated by business investment
schedules reported to the Office of Business Economics and
the Securities and Exchange Commission. This survey,
which is analyzed in detail in a special article in this issue,
indicates that nonfarm business has programed 1956 investment outlays 22 percent above the record high 1955 expenditures.
Expectations by Business for 1956
PLANT AND EQUIPMENT EXPENDITURES
are programed at record $35 billion
BILLIONS OF DOLLARS
40 —
30 —
m
20 —
m
m
10 —
1950
1951
a
1952
1953
Diverse trends in consumer purchasing
1954
1955
1956 1
SALES are also expected to be higher
BILLIONS OF DOLLARS
400 —
TRADE
MANUFACTURING
(WHOLESALE 8 R E T A I L )
300 —
:•;• N O N D U R A B L E •XGOODS INDUSTRIES
200 —
100 —
1953
54
55
56
1953
* Anticipated
U. S. Department of Commerce, Office of Business Economics
3747540—5
54
55
56
DATA: S E C f t Q B E
56 - 1 5 - 1
Sales of retail stores, seasonally adjusted, in January and
February averaged a little below the fourth quarter rate.
Sales by nondurable goods stores, which had been rising
gradually throughout 1955, averaged about the same as in
the fourth quarter. Sales by durable goods stores, which
had accounted for the larger part of the retail sales advance
during most of 1955, have been declining since September,
chiefly because of a drop in seasonally adjusted sales of
automotive dealers. Consumers have continued this year
to expand their spending for services, according to preliminary indications.
Personal income was nearly stable from November through
January except for a bulge created in December by the
payment of an exceptionally large volume of year-end extra
and special dividend payments. Increases in nonmanufacturing payrolls offset a reduction in manufacturing wages so
that total payrolls showed little change, while advances in
interest and transfer payments more than matched a reduction in proprietors' income stemming from the farm sector.
The seasonally adjusted annual rate of personal income in
January, at $312K billion, fractionally exceeded the $312
billion fourth quarter rate.
The volume of consumer credit outstanding declined in
January as is usual for the season. There is no evidence,
however, of any general lessening in consumers' willingness
to make use of available credit. Seasonally adjusted installment credit extended has continued to rise, with the
January figure 1 percent above December.
SURVEY OF CURRENT BUSINESS
Construction
developments
Construction activity in January and February averaged a
little below the fourth quarter rate, on a seasonally adjusted
basis. The reduction in work put in place was due to the
residential component, which was off 6 percent in this period
with the monthlv pattern continuing steadily downward.
The seasonally adjusted rate of new housing starts, however,
has been showing only slight declines for the past few
months—following the much sharper drop earlier last year—
and in February, according to preliminary data, increased
slightly from January. Requests for Veterans' Administration appraisals of proposed new home construction and
applications for Federal Housing Administration commitments, although much below year-earlier figures, increased
in January and. February by amounts which, with the exception of the February FHA figure, appear to be of somewhat
more than the usual seasonal proportions.
Private construction other than residential continues
strong, with the first two months of this year averaging at
about the fourth quarter rate. Industrial construction has
been particularly active with the advance in manufacturers'
investment programs. Public construction has moved up
from the fourth quarter, with the February seasonally adjusted rate the highest since last May.
Moderate inventory accumulation
Business has continued to add to inventories in early 1956.
Aside from changes in dealers' stocks of automobiles, the rate
of accumulation in the aggregate does not appear noticeably
different from that in evidence during the latter part of 1955.
The cutback in passenger car production, described below, by
the end of February had brought assemblies close to the rate
of deliveries and cut sharply into the rate of inventory building of new cars; in the early weeks of 1956 such stocks had
continued to mount rapidly.
The total book value of inventories held by manufacturing
and trade firms at the end of January is estimated at $82.6
billion on a seasonally adjusted basis, an increase of $K billion
from the year end. Manufacturers' stocks expanded $300
million, wholesale stocks were unchanged and retail inventories increased $200 million. Most of the increase at the
manufacturing level occurred in durable goods lines, where
part of the advance in book values is attributable to the
continuing rise in prices of metals and metal products. The
larger holdings of motor vehicle dealers accounted for most
of the retail stocks expansion, although department store
inventories also increased on a seasonally adjusted basis.
Employment relatively stable
Civilian employment in February totaled 62.6 million, a
drop of 0.3 million from January. The decline was to a
considerable extent seasonal and about equally divided
between agricultural and nonagricultural industries. Unemployment continued at the January level of 2.9 million.
Employment in nonagricultural establishments, adjusted
for seasonal variation, eased slightly in February after a
steady advance in every month except one since September
1954." The number of nonagricultural wage and salary
workers, seasonally adjusted, was 50.2 million in February,
down 100,000 from January but 1.7 million above February
1955. The relative stability observed in the overall total
since December reflects small divergent changes in the component industry groups which were largely offsetting.
In the employment expansion which took place during
1955, the commodity-producing industries contributed some
March 1956
what more than half of the total increase and noncommodityproducing industries a little less than half. Within the former
group, manufacturing accounted for all of the 1955 rise, as
mining and construction employment showed only nominal
changes; manufacturing has also accounted for virtually all
of the relatively small contraction in January and February
of this year. During 1955 employment gains were general
among all major noncommodity-producing industry groups.
Since December, however, the forward movement has been
less general as employment has declined moderately on a
seasonally adjusted basis in wholesale trade, transportation
and public utilities and, from January to February, in retail
trade also.
Changes in manufacturing
employment
The pattern of manufacturing employment has changed
somewhat since last November. The broad general expansion that prevailed until that month shifted in December to
a pattern which has displayed divergent employment tendencies among the major sectors, with the production worker
total drifting downward on a seasonally adjusted basis.
For the nondurable goods manufacturers, the 1955 seasonally adjusted employment high point was reached in November; all major industries except chemical, rubber and leather
products have shown some degree of curtailment since then.
The largest reductions occurred in food products and apparel
and allied products, in both of which February employment
was 2J-2 percent below November.
Employment in durable goods establishments reached a
peak in December; since then employment has dropped a
little with most major component groups registering small
declines. Except for the electrical machinery industry,
where employment was affected by a labor dispute, most of
the recent decline in durable goods employment is a t t r i b u t able to curtailment in the automotive and supplying industries which was only partially offset by expansion in nonelectrical machinery, aircraft and railroad equipment.
Other factors affecting employee
compensation
In addition to some small employment curtailment, the
number of hours worked per week in manufacturing shrunk
0.7 hours from December to January, somewhat more than
usual for the season, but remained unchanged in February.
The January workweek curtailment was much more pronounced in the durable goods industries than in the nondurables.
Except for the decline in overtime pay, average hourly
earnings in the various manufacturing and nonmanufacturing
industries have continued their gradual upward trend or
remained unchanged. On March 1 the amendment to the
Fair Labor Standards Act raising the minimum wage to $1
per hour became effective. It is estimated that the increase
in the minimum wage directly affects approximately 2 million workers engaged in interstate commerce or in the production of goods entering interstate commerce.
Price changes
The divergence in trend between prices of goods and of
services at the consumer level continues in evidence.
Throughout the past year consumer service prices, including
rent, moved steadily higher while consumer commodities,
as a group, edged downward, The decline of goods prices
was most pronounced in the final quarter of the year and
continued in January, with the Bureau of Labor Statistics
reporting reductions from December in the food, housefurnishings and apparel indexes and in retail automobile
March 1956
SURVEY OF CURRENT BUSINESS
prices. Largely because of the downtrend of goods prices,
the comprehensive consumer price index declined slightly in
January for the second successive month and stood only 0.3
percent above the January 1955 level.
In wholesale markets, a clue to the pattern of price developments is the increasing difference between the movement of
consumer goods prices and that of producers goods. Examination of the movements during the 12 months ending in
January of wholesale prices of all finished goods shows that,
while prices of consumer nondurables, other than foods, and
consumer durables have moved somewhat higher, especially
since September, prices of producers' durables have gained
considerably more. Prices of machinery and equipment
advanced 7 percent in the year ended in January. Indexes
of building costs have also increased, by amounts ranging
from about 4 to 7 percent, over this period.
The composite wholesale price index rose in February
for the third successive month and stood 1.7 percent above
the index a year earlier. Most of the rise during this period
is attributable to commodities other than farm products and
foods which reached a new high 4 percent above February
1955. Although farm product prices increased by more than
2 percent from Januaiy to February, they were about 7/2
percent below a year ago.
Trends in Output
INDUSTRIAL production has shown little change in recent
months following the sustained rise during most of last
year. The Federal Reserve seasonally adjusted production
index in February held at the Januaiy rate of 143 percent
of the 1947-49 average. As compared with a year earlier
industrial output was 8 percent higher. Since September
of last year the index has shown little change.
The recent relative stability in total industrial production
has occurred as a result of a leveling off in production in
many industries and mixed changes in the remainder, with
some decline in the rate of output of a few manufacturing
industries about offset by continued advances elsewhere.
This pattern is in contrast with early 1955, when rises in
output in virtually all lines of manufacturing dominated the
production pattern.
Industries currently showing sizable declines from earlier
highs are few and are concentrated in the durable goods industries, particularly those making consumer durables or
materials and parts for them. With the exception of motor
vehicles and major household lines, decreases in output
have been of relatively moderate proportions, ranging from
1 to 7 percent.
Developments in the auto and supplier industries
The aggregate value of sales by the motor vehicle manufacturing industry, including defense materiel and other products produced within the industry, in 1955 was at a record
high and accounted for a significant portion of all manufacturers' shipments.
The wide variations in the production of autos, trucks and
parts are depicted in the chart. The remaining industries
are divided in the chart into 2 groups: One consisting of the
primary metals, radios, flat and other glass, tires and tubes,
synthetic rubber, and synthetic fiber industries, all of which
are major suppliers of materials and components to the auto
industry; arid the other all other manufacturing production.
The monthly indexes shown in the chart represent selected
combinations of the Federal Reserve indexes of production,
without adjustment for seasonal variation.
Automobiles, together with the primary metals and other
industries included in the second group accounted for roughly
two-fifths of the 17 percent rise in total industrial output
from August-September 1954 through November 1955. It
should be noted that this proportion is based on the entire
output of the industries mentioned.
The sharp dips in the production curve for autos, trucks,
and parts which, as the chart shows, occurred in the Fall
months of each year reflect wide scale plant shutdowns during
the usual annual model changeover periods. The chart also
shows considerable amplitude in the movement of output
of all 3 groups during the 1953-54 business adjustment and
in the subsequent recovery.
Table 1.—Metal fabricating Industries, except Automotive: New
and Unfilled Orders
[Billions of dollars; not, adjusted for seasonal variation]
New orders
Industry
Monthly average.
1955
Unfilled orders
1955
January
1956
June 30 December 31
Jan. 31,
1956
1st half
2d half
Fabricated metals
1. 3
1. 5
1. 4
3. 6
4. 0
4. 1
Machinery, total
3.4
3. 9
3. 9
13. 7
16. 2
16. 5
Other
2. 0
2. 3
2. 8
18. 0
19. 4
20. 2
6.7
7.7
8.1
35.3
39.7
40.9
Total
Source: U. S. Department of Commerce, Office of Business Economics.
Aggregate output of autos, trucks, and parts in February
of this year, as measured by the Federal Reserve Board unadjusted production index, was 15 percent below the exceptionally high November rate and 9 percent under the volume
a year earlier. All 3 segments of the automotive industry—
passenger cars, trucks, and automotive parts—participated in
the decline from November through February, with the bulk
of the decrease occurring in the passenger car component.
The recent reduction in output of trucks and automotive
parts, which together account for more than two-thirds of the
weight of the automotive group, was much less pronounced
than that in passenger car assemblies.
Decrease sharpest in passenger cars
Cutbacks in motor vehicle production began in mid-December and continued through February. Some pickup
from the late February low occurred in early March. Reduced output followed a period of exceptionally high activity
SURVEY OF CURRENT BUSINESS
during which the industry was working considerable overtime in turning out the 1956 models following completion of
the model changeover period in September and October.
Weekly assemblies of motor vehicles from mid-December
through February, although erratic, were tending sharply
downward.
On a monthly basis, assemblies of passenger cars have
shown successive declines from the high November 1955 total
of 746,000 to 554,000 in February, a drop of one-fourth. Last
month's completions were 18 percent below a year ago. DeOutput of Automotive and Related
Industries Compared with Other
Manufactures
INDEX, 1st Half 1953 = 100
140
AUTOS, TRUCKS, AND PARTS
120
100
80
INDUSTRIES RELATED
TO AUTOS
60
March 1956
In absolute terms, factory shipments of passenger cars to
foreign markets in 1955 were 50,000 higher than in 1954 with
truck shipments showing little change. Because of the
considerably higher output, however, the proportions to
total shipments were somewhat smaller in 1955 than in 1954.
The favorable export demand continued in January of 1956.
Sopp/ier industries little changed
The sharp drop in output of autos, trucks, and parts has
had little effect so far on the aggregate production of supplying industries. This may be explained by the fact that the
steel and most other primary metals industries have continued to operate at virtual capacity to meet the increased demands from metal consuming nonautomotive industries.
In the case of steel, operations in the first half of 1955
were 92 percent of rated capacity at a time when the auto
industry was consuming finished steel products at a record
rate. During this period, however, activity and steel consumption in other metal consuming industries was still
appreciably below previous highs and their takings of finished
steel from mills accounted for 76 percent of total mill
shipments to the domestic markets. In the last half of 1955
and particularly in the most recent months, the situation has
been reversed with the nonautomotive consumers of steel
taking up the slack resulting from the downturn in motor
vehicle requirements. In the last half of 1955, these consumers received 78 percent of total shipments of finished
steel products. Production of steel ingots and castings has
been averaging over 10.4 million tons per month since last
September, with the daily average output in January and
February of this year at a record high.
The cut in motor vehicle production has also had an impact
upon some of the nonmetal supplying industries where output has shown significant declines. These were limited,
however, to products or components produced solely for the
auto industry, such as auto radios and tires for original
equipment.
Nonautomotive manufacturing output steady
40
ly^l
I I
I
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I
I
I
I
I
I
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I
I
I
I
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I
120
too
1953
1954
1956
1955
NOT ADJUSTED FOR SEASONAL V A R I A T I O N
I/ Includes primary metals, radios, flat and other glass, tires and
tubes, synthetic rubber, and synthetic fibers
D A T A : FRB 8 OBE
U. S. Department of Commerce, Office of Business Economics
56- 15 -3
spite the sizable reduction, February output was still higher
than in any other February except 1955. The reduction
from January to February was much less than from December
to January, and March production schedules call for a somewhat higher average daily rate.
The rapid buildup in the output of 1956 passenger models
was considerably in excess of consumer purchases so that
stocks of new passenger cars in the hands of retail dealers
mounted very rapidly after October of last year. In recent
weeks production schedules have been brought into approximate balance with retail deliveries.
Foreign demand for motor vehicles and parts accounted for
about 5 percent of total domestic and foreign sales in 1955.
Production in industries outside the automotive and related groups has shown little change, after adjustment for
seasonal variation. For the most part, output changes
among the major industrial groups from November through
February were confined within narrow limits. Industries
showing production increases during this period included
nonelectrical machinery, transportation equipment (other
than automotive) and instruments among durable manufactures and chemicals, paper, refined petroleum, and leather
products within the nondurable goods group. Output in
most other industries showed little change.
The major exceptions to the generally rising or stable
trends in nonautomotive and related output were producers
of electrical machinery, fabricated metal products, and major
household consumer goods. In these industries production
declines ranged from 6 percent for fabricated metal products
to 10 percent for household durables. In the case of electrical machinery, an important part of the decline occurred
from October to November and reflected work stoppages in
various plants of an important producer.
Production of machinery and other capital equipment
continues to be well supported by a heavy volume of new
orders and high and rising backlogs, as is evident from the
accompanying tabulation. Unfilled orders of these industries
in January of this year were equivalent to 6 months' sales at
the January rate as compared with 4.8 months' sales in mid1955. The expansion in new orders for capital equipment since
the end of June has been widely distributed throughout the
nonautomotive metal fabricating industries, being especially
marked for machine tools, railroad equipment and aircraft.
SURVEY OF CURRENT BUSINESS
March 1956
Output of building materials was maintained at a high rate
notwithstanding the lower volume of home building. Total
construction activity in January and February was close to
the average rate of 1955. An indication of continued
strength in construction activity is the increase in bookings
of fabricated structural steel. These orders in the last half
of 1955 were one-fourth larger than those received in the
first half and this favorable trend continued in January of this
year when contracts closed reached a record volume.
Production of household durables as a group reached its
1955 high in the third quarter, was cut back in the final
quarter, and has shown little change from December 1955
through February. Output in the first 2 months of this year,
seasonally adjusted, averaged a tenth less than the thirdquarter rate of 1955 but was still 5 percent above the comparable 1955 period. The most appreciable decline from
1955 highs occurred in the output of radios and television
sets—-the average number produced in January and February
being nearl} one-third below the third quarter volume.
Declines in major appliances, furniture and floor coverings
were much less pronounced, averaging under 3 percent.
Production trends among the major appliances have been
mixed, with output of refrigeration equipment sharply si ace
the fall months while production of laundry appliances has
risen to a new high.
Output of other consumer durable goods—auto replacement parts and tires, and miscellaneous goods—has remained
steady since October 1955.
Production of nondurable manufactures as a group has
kept close to peak rates with small divergent changes among
the major groups. The largest decline—3 percent from the
November high—occurred in the production of textile mill
products and apparel.
The Balance of Payments during the Fourth Quarter
INTERNATIONAL transactions at the end of last year reflected the continued expansion in business activity both
here and abroad. United States payments during the fourth
quarter, which were at a record annual rate of $22.2 billion
(after seasonal adjustments), were temporarily expanded by
special developments, however, and the rise from the previous quarter was more than could be attributed to the
change in business activity alone.
Special factors expand United States payments
The rise in merchandise imports to a seasonally adjusted
annual rate of $12.5 billion compensated for the lag in imports relative to current demand earlier in the year.
Coffee imports were substantially in excess of the current
Table 2.—United States Balance of Payments; Seasonally Adjusted
19,55
19 54
Exports of goods and services,
total *
Merchandise
Services - - Imports of goods and services,
total
- _ _ ._
Merchandise
Services
Balance on goods and services. _
Remittances and pensions
Government grants and related
capital movements
Movements of United States
capital excluding transactions
related to grants
Foreign capital and gold
I
II
III
IV
I
II
III
IV
4,124
2,889
1,235
4,570
3, 354
1,216
4, 374
3,141
1,233
4,696
3 323
1,373
4,827
3 480
1,347
4,719
3,390
1,329
5,079
3,670
1,409
5,077
3 637
1,440
3,781
2,431
1,350
4,105
2,709
1 396
3,959
2,559
1,400
4,027
2,605
1 422
4,173
2,695
1 478
4,301
2,753
1, 548
4,475
2,900
1,575
4,707
3,142
1 565
343
-142
465
-148
415
-142
669
-148
654
-148
418
-145
604
-154
370
-156
-430
—395
—489
—520
—651
—566
—467
—402
-239
440
-258
401
-308
429
-467
487
-38
124
-412
714
-220
349
-312
316
28
—65
95
-21
59
Q
— 112
184
Errors and omissions
1. Excluding transfers of military supplies and services under Government grant-aid
programs.
Source: U.S. Department of Commerce, Office of Business Economics.
rate of consumption and resulted in a partial rebuilding of
inventories from the exceptionally low point to which they
had been reduced. The increase from the third quarter in
coffee imports was more than $100 million, which exceeded
the average seasonal rise by nearly $60 million. Imports of
sugar which were partly postponed from earlier periods of
the year to the fourth quarter added about $70 million to
the seasonally adjusted import value. Coffee and sugar
accounted, therefore, for about $130 million of the seasonally
adjusted import rise of about $240 million from the third to
the fourth quarter.
Other transactions which have raised the outflow of funds
from the United States but may be considered temporary
and not necessarily connected with basic trends in the
business situation include the change in private United
States short-term capital movements from an inflow of $57
million during the third quarter to an outflow of $154
million. Similar net changes in the flow of United States
short-term capital from the third to the fourth quarter have
occurred in all years since 1949 but not in that magnitude.
The average change during the years 1949 to 1954 was only
$75 million and the maximum during that period was $121
million in 1952.
At the beginning of the current year supplies for certain
raw materials, particularly metals, remained tight, and the
upward trend in imports of consumer goods, in tourist expenditures, and in transportation payments apparently
continued. At the same time, the relatively low rate of
Government rionmilitary grants during the latter part of last
year makes it unlikely that a further decline in the outflow of funds through these transactions would continue to
offset a rise in other payments to foreign countries as was
the case during the second half of 1955.
Exports continue high
The seasonally adjusted annual rate of foreign 'expenditures in the United States, including income payments on
United States, investments, was about $20.2 billion. This
amount represents an increase by about $0.5 billion over the
average rate for 1955 as a whole.
Merchandise exports (excluding shipments of military
items) during the fourth quarter remained at the seasonally
adjusted annual rate of $14.6 billion which was reached during the previous quarter, and represents the highest amount
since 1947,
The gain in merchandise exports as compared with the
fourth quarter of 1954 amounted to about $1.2 billion on an
annual basis. The corresponding rise in shipments of non-
SURVEY OF CURRENT BUSINESS
6
agricultural goods was even greater. Agricultural exports
were smaller than in the fourth quarter of 1954 as lower
cotton exports were only partially offset by higher shipments
of other agricultural items.
While heavier shipments of industrial raw materials to
March 1956
Western Europe were largely responsible for the uptrend in
exports earlier in 1955, higher shipments of consumer items
and industrial machinery accounted for nearly two-thirds of
the rise in nonagricultural exports from the third to the
fourth quarter of 1955. The increased relative importance
Table 3.—Balance of Payments of the United States
Western Europe
All areas
Western European dependencies j
Eastern Europe
!
Line
1955
1955
Year v\
1 Exports of goods and services,
total
Military transfers under
grants, net, total
Other goods and services,
3
total
Merchandise, adjusted, ex4
cluding military
Transportation
5
Travel6
Miscellaneous services:
Private
_..
7
Government, excluding
8
military
Military transactions
9
Income* on investments:
Direct investments
10
11
Other private
12
Government
13 Imports of goods and services,
total
14
Merchandise, adjusted, excluding military
Transportation
15
Travel
16
Miscellaneous services:
Private
17
Government, excluding
18
military
Military expenditures
19
Income on investments:
Private
20
Government
21
Balance on goods and services:
22
Total
Excluding military transfers23
Unilateral transfers, net (to
foreign countries (— )):
Total
21
Excluding military supplies
25
and services
Private remittances
26
Government:
Military supplies and
27
services
Other grants
28
Pensions
and
other
29
transfers
30 United States capital, net
(outflow of funds ( — ))
Private, net, total
31
Direct investments
32
33
"Rpdpmntions
34
Other long-term, net-.35
Short-term net
36
Government, net, total
37
Long-term capital, out38
2
39
40
41
42
Repayments
Short-term, net
Foreign capital, net (outflow of
funds ( )) total
Direct and long-term portfolio investments other
than United States Gov-
43
Transactions in United
States Government secu-
44
Short-term liabilities to foreign
banks and official institu-
45
46
47
48
Other short-term liabilities...
Gold sales (purchases ( — ))
Foreign capital and gold, totalErrors and omissions and
transfers of funds between
foreign areas (receipts by
foreign areas ( — )), net
' Preliminary.
r
Revised.
I
j
iii'- ! IV
II
1955
1955
1954
1954
1954
P
Year p| I
II
i
1954
n i H IV p
Year *\ I
II
III ' j IV *
Year* I
III- IV *
II
1
5,183
5, 469
5, 403 ! 5, 793
7.269
7, 457 1,832 1,807 1,823 1. 995
2, 146
499
614
610| 423
2.312
1. 571
17,764 19. 702
4, 684
4,855
4. 793 5, 370
4,957
5, 886 1,472 1.373! 1,388 1, 653
702
723
173
12, 707 14, 177
1,222 1, 322
604
538
3, 443
311
113
3, 536
329
160
3. 383 3,815
336 346
201 130
3, 483
519
48
4, 301 1, 103 1, 004' 1, 009 1, 185
131 142| 141 147
11
15
14
11
488
48
9
505
44
10
125
11
1
13
16
20, 896 21. 848
3, 132
360
434
435
702
1!
817
202
197
197
221
375
367
94
87
82
136
179
128
201
32
49
32
48
32
53
32
51
72
22
64
32
16
11
16
16
8
16 (*)
6 (*)
60
11
47
73
12
99
(*)
(*)
32
4,957
5, 744 1,269 1,501 1,480 1,494 1,063
1,202
325
2, 762
255
170
2,799
308
299
2,814 3, 115
321 295
440 186
2, 024
495
344
2. 395
586
401
548
117
41
555
166
131
580
169
167
845
23
60
944
25
72
257
369
90
96
91
92
261
286
70
74
71
252
2,767
54
648
759
84
673
57
687
95
1,456
95
1, 639
23
386
24
472
24
382
24
399
7
123
360
59
410
94
97
16
106
20
103
27
104
31
251
31
282
60
74
10
66
13
70
17
72
20
4
1
5,024
1,892
4,192
2,046
1,091
592
1,025
411
850 1.226
240 803
2, 312
1,713
142
4,092
10, 304 11,490
1,001 1,179
958 1, 095
347
248
2,595
253
49
208
60
16
26
563 306 343
203 -128 -92
712
134
62
143
1
71 (*)
148
— 499
— 576
-614 -610 -423 -2,312 -1,571 -360 -434 -435 -342
-482! -376 -393 -1,000 -791 -323 -154 -152 -162
-,
-3
-28
-29 -57
-25
7
19
12
6
19
15
10
6
3
-32 -6
25 -64
57
7
-1
7
4
1
4
9 -10 -12
-34 -36
-30
—74
-3
-73
— 60
95
21
14
-71
-561 -215 -391
-3971 -167 -381
-290 -156 -167
17
— 13 — ?fi
59
28i
21
—83 —57
-60
57 -152
-89
-164
-48 -10
5
-198
-36
-240
203
6 -138
-160
36 -69
-119
-116 -48 -50
— 21 — 12 —9
9
5
7?) -34
2
18
19
-41 -30 -69
-374
415
-334
-45
70
-96
-151
84
-105
335
-27
-37 -12 -18 (')
-74
41
36
71 103
251
-218 -64 — 68 -58 -28
1,459
1, 463
156
538
512
257
1, 115
962
223
269
343
225
286
79
93
95;
19
214
274
76
66
114
8
520
187
107
192
34
—6
1 234
-8
298
1,757
704
-£
1,503
-169
59
30
186
453
-115
33
571
144 276
81 -72
— 15
-8
497 249
942
-35
379
1,494
37
122
21
204
-I -102
-238
-140
-37
-1,528 -1,241
-1,621 -948
-761 -686
116
309
124
203
-40 -179
-635 -170
93 -293
-306
507
-108
-128
* Less than $500,000.
-33
-75 -103
104 157
-77 -64
11
-40
'4'
146
537
5
79
1,041
58
71
178
4
27 -10
-2
-2 -42
427
165
203
30
26
6
11
5
4
127
12
2
115
11
4
138
10
3
16
11
4
4
37
4
48
10
11
1
8
277
296
45
59
14
11
17
237
7
21
212
6
16
238
42
56
13
11
16
(*)
(*)
il
-6
(
£
493
146
(*)
2
34
2
1
3
00
1 (*)
(z) (*)
(*)
-12 -13
-12 -13
-33 -8
-33 -8
05
-15 -4 -4
—5
-5
-5 -10 -25
-5 — 7 -16
-15 -4 -4
-14 -3 -4
2
2
-1
3 -1 (*)
4
2 (*) (')
c*r2
(*)
(*)
-3
-4
-2
-3
137
1
(*)
(*)
— 5 -10
(X)
16
(')
1
—5
(*)
S
(*)
17
1
(*)
(*)
(") (*)
5 -4
1
-4
-3
-1 -1 (*)
(*)
(*)
(X)
(')
(•)
4
(*)
"(')"
4
2 (*)
(*)
(*)
(•)
1
5 2 (*)
-1 00 (*)
1
(*)
(")
~ ~ ~ 2 (*)
(*)
-4
-4
(*)
-1 00
(*)
3
(•)
(•)
3
2
1
00
2 (•)
3 (*)
(1
(')
(«)
00
2 (*)
(*)
2
40
1
5
00
(*)
304
1
37
1
i
g
-2
(*)
— 1 (•)
(*) (*)
4
18 -9
17 -7
18 -9 (*)
15 -9
13 -10
15 -8
2
1
(*)
(*)
—1 (*)
(*)
1
(*)
(')
2
1
(*)
(*)
(*)
2
2
3
4
(")
(*) (*) (*) (*)
4
4
()
(*)
31
(*)
(*)
~oo
x
(*)
(*)
:
o
127 -59
5
182:
(*)
(«)
(')
37 173 162 165 -56
52 -41
40 -46 -6
-1 («)
42 («)
38
261 311 343 126 -59
58 -76
-1
00
18
4
-479 -152 -122 -112 -93 -15
-479 -152 -122 -112 -93 -15
-28
-24
— 3 132 — 2. 146
-1,578 -1,827
5
1
(*)
-521 -559 -1,261 -1,081 -394 -223 -221 -243 -26
-111 -130 -231 -250 -62 -60 -59 -69 -25
-625
-110
2
39
4
00
-28
-725
-112
21
(*)
7
150
-5,290 -4, 576 -1,224 -1,239 -1,131 -982 -3, 573 -2, 652 -754 -657 -656 -585 -26
-2, 158 -2,430
-452
-463
11
(*)
(*)
(')
501 -361
159 -361
6
(*)
4,553 4, 567
15, 872 17, 656
468
62
61
26
(X)
4,444
438
65
50
30
4
(*)
(')
185
46
207
426
60
48
203
(*}
594
65
116
1.926
252
275
1, 665
229
272
60
10
36
!
165
1731 182
()
816
104
723
J
342
(')
1
4
-4
-2
(x)
5 -4
94
116
1
(«)
(~)* (*)
(•)
(*)
(•)
3o
44
10
1
17
16
SURVEY OF CURRENT BUSINESS
1956
of such finished goods in the overall exports during the
fourth quarter reflected mainly rising demand on the part of
countries in Latin America and the outer sterling area, as
well as a continued increase in Canadian demand. Although
shipments to Western Europe also rose substantially as com-
pared with the third quarter, the increase in exports to that
area was comprised chiefly of agricultural commodities.
The rise during the fourth quarter in foreign gold and
dollar assets through transactions with the United States
was about $250 million as compared with nearly $400 million
by Area 1954 Annual and 1955 Annual arid by Quarters
[Millions of dollars;
Latin American republics
Canada
1955
1955
1954
4,389
I
II
934
IV P
III'
1,156
1,125
3, 830 4,389
934
1,156
1,125
2, 850
89
311
3,318
100
355
713
20
62
891
25
95
829
28
125
101
101
22
25
27
2
107
1
94
24
1
23
236
133
1
288
131
3, 034
3,400
59
34
(*)
694
2, 341
88
284
2, 652
95
306
28
30
3
192
3
196
87
11
Year P
1,174
I
II
III r
IV P
4,695
4,820
1, 148
1, 160
1, 201
1, 311
47
32
14
6
8
4
4,648
4,788
1,134
1, 154
1, 193
1,307
885 3,312 3,274
27
311
342
73
144
157
779
84
34
801
84
40
795
85
48
1, 174
International institutions
1955
1955
1954J
|
1954
Year P
3, 830
All other countries
*
Year p
I
II
IV P
III"
Year P
15
15
.14
1,015
75
59
15
15
15
14
633
71
10
705
73
8
16
32
45
1,069
1,092
174
167
77
3,522
3, 831
950
964
902
899
89
35
2, 542
255
26
2, 768
275
31
719
65
5
711
66
8
160
39
(*)
22
(*)
25
24
11
24
6
3
65
31
00
850
60
34
00
973
104
32
630
21
32
754
31
34
176
7
6
162
883
4,078
4,183
1,076
1,006
999
581
19
26
678
22
62
686
28
170
707
26
48
3,434
243
244
3,468
282
283
897
68
74
822
68
75
813
70
77
5
6
6
13
48
42
12
13
12
5
10
11
3
3
2
3
43
1
43
1
50
1
60
67
24
68
20
17
4
18
6
17
5
16
5
46
799
48
762
10
176
12
201
13
196
13
189
102
16
17
3
35
3
27
5
23
5
13
5
14
6
3
1
3
1
3
2
5
2
5
2
8
4
1
1
2
1
3
2
796
796
989
989
240
240
306
306
152
152
291
291
617
570
637
605
72
58
154
148
202
194
209
205
1,641
868
1,348
805
2
(*)
365
240
369
195
292
125
-7
-10
-1
-3
o
-138
-148
-38
-33
-42
-35 -1,461 -1,663
-410
-509
—7
2
-10
1
-1
2
-3
-1
-3
(*)
-91
-47
-116
-43
-24
-8
-27
-9
-34
—14
-31
-12
-688 -1,120
-135 -133
-285
-335
-31
-47
-37
-32
-67
-14
-14
-6
-17
-8
-19
-4
-17
-773
-472
—543
-905
-10,
—174
-283
—167
— 77
-228
-192
-202
-6
-2
-1
-1
-2
-23
-21
-20
-18
-3
(*)
—9
-11
-3
-2
-3
-3
-7
-423
-425
-469
-107
89
145
-23
2
-244
-252
-340
-38
160
51
-36
-36
-75
-38
78
18
-19
-73
-75
-93
-56
-56
-117
-79
-85
-55
-535
-501
-102
20
43
-2
8
00
50
4
-36
2
-8
11
-1
(*)
9
—1
(*)
(*)
2
1
-1
51
-243
-144
7
29
-135
-40
-38
—14
14
-27
345
89
80
-469
-81
-23
-266
-181
-38
-5
-149
-469
-54
-135
230
-4
-12
39
-405
oc
-340
-9 -160
-291
-4 -130
-119
53 -106
-1
__
12
8
9
2
3
-14 -97 -203 -100
-39
-28 -310
41
12
23
6 -34 -49
-5 -30
-114
83
2
42
115
125
31
31
31
6
38
39
39
63
10
11
9
13
10
22
10
17
204
7
6
212
10
11
471
15
21
483
26
21
9
114
7
5
113
6
6
157
8
5
14
15
4
1, 102 2,654 3,026
710
769
111
770
41
42
4
1,614
152
26
465
46
8
496
45
10
505
48
10
503
52
5
4
6
1
28
28
1
936
76
57
1,969
191
33
44
11
11
11
7
4
4
3
10
11
12
3
30
5
13
2
3
14
15
16
00
17
(*)
1
26
18
19
(*)
2
2
20
21
12
12
-15
-15
9
9
22
23
-9
-28
-13
-10
24
-9
-28
-13
-10
8
322
245
34
34
17
17
11
11
-409
-335
-60
-60
-242
-30
-258
-38
-60
-60
2
(*)
20
-60
-60
-9
-28
-13
-10
-163;
-164
-23
-25
9
9
-6
-6
-19
-21
-7
26
1
-32
11
88
7
-83
7
-32
7
2
1
-6
(*)
-21
(*)
7
-83
-81
-82
-38 -133 -435
-15 -142 -345
8 -74 -160
-54
—1
2
2
9
-64 (*)
-79
40 -70 -61
9 -90
-23
-497
-276
-121
-56
11
-3
-107
-221
-63 -177;
-23 -108
-18 -33
—8
-10
1
6
25
15
-26 -83
-40 -69
-93 -164
-64! -81
-351 -35
-31
7
-62
9
-30
1
2
12
11
8
9
9
3
-11
-9
-29
3
4
5
6
1
I
!5
IV P
III r
15
1,138
125
163
11
II
59
1, 075
543
27
5
I
75
4,374
4,295
Line
1954
27
28
29
30
31
32
33
34
35
30
37
-142
116
23
—21
20
-4
-66
37
-1
-32
21
-12
-23
38
-6
-79
66
-77
—158
28
-91
-17
5
-28
7
-28
236
171
-61
126
13
93
-86
487
86
137
128
136
201
91
55
-1
-3
40
41
-11
32
21
10
6 00
5
4
11
3
2
3
3
10
13
4
2
5
2
42
136
40
85
49
26
2
20
1
-2
22
14
—1
7
2
68
-42
-45
2
1
43
-38 -134
-49
54
-4
-6
3
23
-116
-48
-8
-143
79
40
-69
167
61
40
-25
146
-133
36
-7
-68
144
-26
-3
123
-5
2
-13
55
32
-2
91
462
-83
-8
—5
12
-74 """"487
56
13
(*)
86
135
1
2
135
133
-15
2
130
138
-7
121
2
-12
189
119
1
9
100
51
00
59
40
2
-10
—1
38
-1
3
43
44
45
40
47
-66
-111
-295
43
-84
-122
325
22
182
80
41
-34
-70
48
-35
48
-233
-116
6
0
-132
329
48
136
38
39
40
2
(*)
23
NOTE.—Net foreign investment equals the balance on goods, services, and unilateral transfers for ''all areas": 1954 year, - -266; 1955 year, -384; 1955 I, -133; 1955 II, -214; 1955 III, -281;
19;'55 IV, +244.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
8
March 1056
in their international financial position. On the other hand,
the substantially smaller loss of dollar assets of the United
Kingdom, which have changed into small gains during the
first 2 months of the current year, and the larger accumula'tions by the Latin American republics, Japan, and other Far
Eastern countries reflects an improvement in the position of
those countries whose position last year was relatively weak.
during the fourth quarter of 1954. The difference is due
mainly to changes in liquid dollar assets by Canada from an
accumulation of nearly $50 million in the last quarter of 1954.
to a reduction of about $125 million, and in smaller accumulations by continental Western European countries. Since
these countries have generally relatively large reserves, the
changes from last year do not reflect increasing weaknesses
Table 4.—Balance of Payments of the United States with the Sterling Area 1954 Annual and 1955 Annual and by Quarters
[Millions of dollars]
United Kingdom and other
Europe
Total
Item
Line
Dependencies
1955
1955
1955
1954
1954
Year?
I
II
1955
1954
1954
Year?
III' IV*
Other countries
I
II
I
Year'
III' IV*
II
99
nss nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
119 1,034
1,187
313
276
277
321
68
767
888
247
211
196
234
5
3
5
2
63
11
62
15
15
2
14
4
16
17
4
3
(x)
(x)
3
(x)
(x)
45
13
16
51
12
24
12
3
5
13
3
1
13
3
10
13
3
8
27
41
(x)
(x)
100
5
8
118
8
9
26
2
1
24
2
4
31
2
1
37
2
3
160
146
656
760
190
193
188
189
131
119
578
656
167
167
161
161
4
14
5
12
19
11
24
14
5
3
6
4
6
5
7
2
12
(x)
1
9
(x)
1
8
2
11
33
2
11
51
(x)
2
12
1
3
12
(x)
3
12
1
3
15
1
1
1
2
(x)
2
(x)
1
(x)
(x)
(x)
(x)
(x)
(x)
93
nss nss nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
nss
3,273
804
729
763
977 1,392
1,672
392
350
393
537
384
414
99
103
93
2,140
561
475
518
586
757
1,010
254
205
267
284
214
242
60
59
55
232
41
56
7
58
11
58
13
60
10
141
18
149
18
36
4
38
5
37
5
38
4
23
7
21
8
5
1
6
2
287
21
26
70
6
6
66
5
1
65
5
11
8f
5
8
235
11
1
224
9
2
55
3
1
50
2
(x)
49
2
1
70
2
(x)
11
(x)
(x)
12
(x)
(x)
3
(x)
(x)
3
(x)
(x)
10
11
12
Merchandise, adjusted, excluding . 1, 738
military.
227
Transportation
_ __ _ _ _
36
Travel
Miscellaneous services:
291
Private
24
Government, excluding military.
17
Military transactions
Income on investments:
344
Direct investments
30
Other private
103
Government
392
29
105
91
6
1
91
11
11
86 124
6
1
109
25
95
143
21
96
35
4
(x)
34
9
7
28
4
46 129
4
89 "(x)
131
30
33
(x)
(x)
(x)
13
Imports of goods and services, totaL 2,691
3,064
718
815
778
753 1,489
1, 659
374
437
430
418
546
645
154
185
14
Merchandise, adjusted, excluding 1,522
military.
208
Transportation
135
Travel
_ _
Miscellaneous services:
219
Private
23
Government, excluding military
429
Military expenditures
Income on investments:
148
Private
7
1,800
428
466
452
454
515
626
142
150
160
174
429
518
119
149
224
156
44
29
66
48
64
52
50
27
17fi
71
183
81
36
8
55
27
54
33
38
13
13
53
17
61
3
18
5
17
243
22
445
60
5
107
62
5
127
60
6
98
61
6
113
217
8
353
241
60
2
83
61
1
103
60
fiO (x)
4
43
90
(x)
4
41
_
(x)
353
12
166
8
43
2
39
2
44
2
40
2
142
7
160
8
41
2
38
2
42
2
4
4
1
2
3
4
5
f>
7
8
9
15
10
17
18
19
20
21
22
23
24
25
26
28
29
30
31
Balance on goods and services:
Total
_ . _ _
Excluding military transfers
nss
119
Unilateral transfers, net (to foreign
countries ( — )):
nss
Total
Excluding military supplies and
-309
services
nss
-206
-8
nss
nss
nss
nss
-76 -68 -214
-24 -21 -19 -25 -56
nss nss nss
-275 -90 -90
nss
r.4
30 -23 -16 -52 -44
-39
48
-53
14
22
— 164
47
Long-term capital, outflow
Repayments
Short-term, net..
_
_
41
Foreign capital net (outflow of funds
(— )), total
42
Direct and long-term portfolio investments other than United
States Government securities
Transactions in United States Government securities
Short-term liabilities to foreign banks
and official institutions
Other short-term liabilities
-56
63
40
39
86
-7
56
37
20
-17
-69
67
-41
33
10
48
-13
56
48
Errors and omissions and transfers of
funds between foreign areas (receipts
by foreign areas (— )) net
289
00
-43 -14 -10 -9 -10
3
67
2
3
59
-46 -6 -12 -18 -10
94
Foreign capital and gold, total
2
-6 -31
o
6
2
1
-9 -17
27 -35 -129
00
107
39
-6
-4
-4
-8
nss
nss
-6
-4
-4
-8 -75
-216
-49 -12 -13 -12 -12 -19
-18
-5
-4
-4
-20
40
40
-1
18
42
5
-42
-28
88
22
— 7 -23
nss nss
i 00 (*)
-6
7
4 -19 -15
47
45
28 -32
-2
-6 -16
1
56 (*)
00
-34 -2 -6 —17
55
c
50
32
6 -4 -16
105 -137 -19 -39
47
31 -37
25 -32
66
-74
33
2
31
6
89 -139 -22
94
(*)
69
x
(«)
50
4<7
80
200 -57
275
153 -93
117 -95
nss. Not shown separately.
00
Less than $500,000.
(•)
8
—4
1
32 -40
13
26 -25
1
9
152 -67
-1
21 -12 -114
-1
21 -12 -71
-67
5
3
-2
19 -15 -46
-14
PQ
4 (*)
1 -1
1
(*)
(*)
(*)
(*)
1 (*)
(*)
1 (*)
2
;
~(«r
00
2
-6
00
(*)
00
—2
244
0
58
1
-2
86
52
—7
-4
-3
-8
-13 -21 -31 -47
-45 -17 -13
-8
-49
4
-43 -14 -10
10
3
-12 -4 -6
-9 -10
2
4
-1 -1
37
_
12
1
34
(*)
48 -164
-136
Source: U. S. Department of Commerce, Office of Business Economics.
3
1
(•)
10
4
5
1
6
-1
-6
12
(•)
22
3
(*)
37
-25
-7
1
15
—1
00
22
1 00
2
—1
-29
00
-1
nss
-43
1 -2 -1 -25
-2
nss
4 -8 -23 -40_
-17 -13 -22
-14
-6 -8
7
5
2 (')
12
4 -21
5
-1
4 00
-1 -4
13
2
1 -31
(*)
178
-112
3
00
00
nss
nss nss nss nss nss
-193 -47
-54 -53 -39
-1 ( z )
(*) -1 («)
2
3 (*)
(*) "~~2 00 00
-2
-1
-1
-4
-22
10
6
CO (*) («) 00 (•)
82 130 -94 -46
1
72
9 -85
8
nss
2 -54
-1 — 1
nss
-54 -58 -57 -47
11
1
(*)
130 -94 -46
19
00
E
46
87
-7
-1 («)
-3
-1 00 (*)
3
-j
10 -39
<
-3
132
8
nss nss nss nss nss
427 123
83
89 132
-22
nss
82
13
—231 —55 —82 -67 -27 nss
—231 —55 —82 —67 —27 378
-22
nss
72
53
119
nss -20
nss
30
153 -93 -47
414
-55 -51 -15 -13 -20
nss
-134
8 —91 -130
-22 -18 -19 -24
140
47
16 -14
48
48
94
50
r Revised.
-24
88
107
Gold sales (purchases ( — ))
p Preliminary.
-96 -21 -38
14
6
46
-4
77
384
nss nss nss nss nss —162
13
18 —87 —37 119 —162
nss nss nss
nss nss
-42 -36
-41 -152 -79
-61
Government, net, total
45
nss
-202
Private, net, total
37
44
nss
-372 -115 -113
nss nss
224 —97
United States capital, net (outflow of
-155
funds (— )) _ .
Direct investments
New Issues
Redemptions
Other long-term net
Short-term, net
43
£
nss nss nss nss
86 —86 —15
209
-95 -89
Private remittances
Government:
Military supplies and services
Other grants _
Pensions and other transfers
32
33
34
35
36
38
39
40
nss
nss
Military transfers under grants, net,
total.
2,810
Other goods and services, total
III' IV*
II
nss
103
nss nss
1 Exports of goods and services, total-..
I
Year?
III' IV*
-68 -26
(•)
-4 -38
by Murray F. Foss
Business Expectations for 1956—
Investment Outlays and Sales
N<
I ONAGRICULTUKAL business plans to spend $35 billion for new plant and equipment this year. This is $6 billion,
or more than one-fifth, over the 1955 total. Businessmen are
also anticipating higher sales than last year but the sales
increases projected are much more moderate. These
results are based on newly reported figures collected between
late January and early March in the regular annual Office
of Business Economics-Securities and Exchange Commission
survey of investment programs. The capital programs also
indicate that on a seasonally adjusted basis outlays in the
second half will be above those in the first half.
All industry divisions are expecting to increase their
capital outlays over last year, none by less than 10 percent.
The largest advances are planned in manufacturing,
especially durable goods, and in railroads, as may be seen in
the table below.
Percent change in plant and equipment outlays, from actual 1955
to anticipated 1956
Manufacturing
Durable goods
Nondurable goods
31
41
22
Mining
Railroads
Other transportation
Public utilities
Commercial and other
19
42
11
16
12
Total
22
Most, but not all of the projected percentage increase in
outlays from 1955 to 1956 may be considered equivalent to
a corresponding change in the physical volume of productive
facilities installed. These 2 qualifications should be noted:
First, capital goods costs have been rising slowly but fairly
steadily over the past year and in January 1956 construction
and equipment costs averaged about 3 percent higher than
the 1955 average. Second, it appears that in the preparation
of 1956 capital budgets a significant proportion of businessmen made the assumption that capital goods prices would
be higher than they were in early 1956; few firms thought in
terms of lower prices. This information, which was obtained in response to a special question asked in this year's
survey, is considered in more detail later in this article.
Quarterly movements
The quarterly figures available from the survey bring out
more clearly than the annual numbers the rapidity of the
rise in plant and equipment expenditures over the past year
and the scheduled increases this year. Investment in the
last quarter of 1955 is shown by final data to have been at a
seasonally adjusted annual rate of $31.4 billion. This rate
was already 10 percent above the 1955 annual total and more
NOTE- MR. FOSS IS A MEMBER OF THE BUSINESS STRUCTURE DIVISION, OFFICE OF BUSINESS ECONOMICS.
374754 °—56
than 20 percent above the rate in the first quarter of 1955,
the low quarter of the preceding downturn. The present
survey gives no signs that the large quarter-to-quarter
advances that occurred in 1955 will diminish in the first
half of 1956, since current plans call for further increases to
seasonally adjusted annual rates of $33.2 billion and $35.3
billion, respectively, in the first and second quarters of 1956.
Companies in most of the major industry divisions have
planned sizable increases in their outlays—after seasonal
adjustment—from the closing months of last year to the
second quarter of this year, though manufacturing firms
account for three-fourths of the dollar advance. The commercial and nonrail transportation groups expect relatively
little change over this period aside from the usual seasonal
movements.
Considered together the annual and quarterly statistics
imply a further rise after the second quarter of 1956, though
the suggested rate of gain is much slower than that of
earlier quarters. In the past there has been a general
tendency for such implied second half figures to be understated, mostly because more distant investment plans are
not so well foreseen by businessmen. This was the case in
the 2 most recent years of anticipated increase, 1953 and
1955. In both 1949 and 1954, the only postwar years of
economic downturn, actual second half outlays were very
close to the implicit second half programs.
Current increase among largest experienced
The 22 percent increase in investment that business is
scheduling for this year, if realized, wxmld be among the
largest year-to-year changes in the postwar period. From
1946 to 1947, plant and equipment expenditures rose 39
percent and from 1950 to 1951, 24 percent.1 If a rough
correction is made for price changes it appears that the
currently planned advance is about as large as the early
postwar change and exceeds that of 1950-51, when capital
outlays were stimulated by the defense mobilization programs. The noteworthy feature of the present programs is
that they come relatively soon after a substantial expansion
in productive facilities. Like the 1950-51 increase, this
year's programs emphasize investment in heavy manufacturing industry, railroads and mining, although the advance
is by no means confined to these groups. It also resembles
the pattern of the Korean advance in that the larger increases
over 1955 are planned for expansion rather than for replacement outlays.
The 1956 programs represent in large part a continuation
of the recovery that started a year ago. That upward movement in capital expenditures gained in momentum during
1955 as businessmen saw sales, new orders and profits rising
1. The anticipated change for 1947 considerably understated actual investment, this being
the first year the annual survey was run, while that for 1951 came close to realization.
SURVEY OF CURRENT BUSINESS
10
substantially, and capacity being pushed to the limit in
many industries. These developments, and the improved
liquidity engendered by these developments constitute some
of the major factors in the strong current demand for capital
goods. Other financial considerations are also favorable
at the present time. The ratios of dividends and profits
Table 1.—Manufacturers' Sales Expectations, 1956, by Industry *
Expected
percent
change in
sales 1955-56
Total,
Durable goodsPrimary iron and steel
Primary nonferrous metals__
Electrical machinery
Machinery except electricaL
Motor vehicles, parts and accessories.
Other transportation equipment
Stone, clay and glass products
Other durable goods 2
5
6
10
13
-4
8
6
3
Nondurable goods_
Food and beverages
Textile-mill products
Paper and allied products.
Chemicals and allied products.
Petroleum and coal products.
Other nondurable goods 3
4
6
7
7
6
10
1. These anticipations were reported by business between late January and early March.
2. Includes fabricated metals, lumber, furniture, instruments, ordnance, and miscellaneous.
3. Includes rubber, tobacco, apparel, printing and publishing, and leather.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
to stock prices are comparatively low and internal funds
have been further augmented by increases in depreciation
and amortization allowances.
Sales anticipations
Businessmen in all major industry divisions expect sales
this .year to be higher than last year. Manufacturing firms
in both durable-aiid nondurable-goods sectors anticipate an
advance of 6 percent while wholesale and retail firms expect
their sales to be 4 percent above 1955. The utilities anticipate the largest gains: 7 percent in electric and 12 percent
in gas. In each case, the sales expectations for the full
year are somewhat above current annual rates.
In January of this year manufacturers' sales, after seasonal
adjustment, were running from 2 to 3 percent higher than
those in the average month in 1955. Given the 1956 sales
expectations there is an implicit increase of a few percent
between the present time and the remainder of 1956. The
implied rise is somewhat larger in nondurable goods than in
durables. In trade the expected increase of 4 percent may
be compared with a January-February 1956 seasonally adjusted rate of sales that was about 2 percent higher than the
1955 average.
With a single exception companies in all the major nianufacuring industries expect an increase in their revenues this
year. The largest increases over 1955 appear in the two
machinery industries: nonelectrical machinery expects a 18percent rise arid electrical machinery a 10-percent gain.
March 1956
Most of the other durable-goods industries cluster closely
around the average except for motor vehicles and parts,
where a drop of about 4 percent is expected.
Manufacturing Investment Trends
Manufacturing investment dominates the current rise
with a planned expenditure of $15 billion this year. The
$3.6 billion scheduled increase from 1955 to 1956 accounts
for approximately 60 percent of the expected change in total
nonagricultural capital outlays over this period although
last year manufacturing investment made up only two-fifths
of the total. Almost two-thirds of the anticipated rise in
manufacturing expenditures is programed by durablegoods companies.
The sharp increase in manufacturers' outlays that characterized most of 1955 is expected to carry into the second half
of 1956, although at a slower rate after the second quarter.
In total this group anticipates raising its spending from a
seasonally adjusted annual rate of $12% billion in the final
quarter of last year—already 10 percent above the 1955
total—to a rate of almost $15% billion by the second quarter.
Over the same period outlays of durable-goods producers
are expected to increase from a $6 billion to an $8 billion
annual rate, while outlays by nondurable-goods industries
are scheduled to increase from an annual rate of $6.5 billion
to a rate of almost $7.5 billion.
Increases are ividespread
An important characteristic of the present capital goods
outlook in manufacturing is that the expansion is broadly
based. Every major manufacturing industry expects to
increase its outlays of capital goods. All size groups, moreover, expect to invest more than they did last year. Firms
with assets over $50 million plan a somewhat larger increase
than manufacturers as a whole. The middle group of
companies, with assets from $5 million to $50 million, expect
an increase about the same as average, while the companies
with assets under $5 million look forward to a smaller rise.
Past experience with these surveys has shown that the
programs of the smallest size firms have systematically
tended to understate actual outlays.
Durable-goods producers* programs
All major industries in durable-goods manufacturing are
planning sizable advances over last year. The most pronounced rise—almost 100 percent—appears in nonferrous
metals, where aluminum producers have started a new
round of expansion in primary aluminum and finishing
capacity. Currently planned or already underway is an
increase over the next 2 to 3 years of 5*70,000 tons of aluminum ingot capacity; this addition is one-third as much as
was in place at the beginning of 1956 and is four-fifths as
much as the total ingot capacity existing just before the
outbreak of the conflict in Korea. The steel industry is
expecting to increase expenditures 50 percent over 1955,
having already started a new expansion program that will
add about 15 million tons of new steelmaking capacity over
the next 3 years.
The motor vehicle and parts industry plans to increase its
outlays over 1955 by more than $0.7 billion to a total
program of $1.9 billion in 1956. The transportation equipment industry other than motor vehicles is planning a
relative increase of almost 75 percent with all of its com-
SUEVEY OF CUREENT BUSINESS
March 1956
ponent groups—aircraft, shipbuilding and railroad-car builders—sharing in the rise.
In recent years investment by automobile producers has
been an important autonomous factor in the capital goods
demand situation; in 1954 and 1955 investment by this
industry moved contrary to the general trend in manufacturing capital outlays. This year, as in 1954, the automobile industry has scheduled substantial increases in
investment while simultaneously anticipating a reduction
Plant and Equipment Expenditures
The current expansion extends to all major sectors
BILLIONS OF DOLLARS
40
11
tion.2 The chemical industry has reversed its decline of the
past 2 years and plans to spend $1.4 billion, about as much
as it spent in 1953.
The fulfillment of these manufacturing programs would
make durable goods investment this year higher than that
of nondurables for the first time in the postwar period.
This may be seen in the chart on page 12, which also shows
over a 10-year span the greater volatility of total investment
in durable-goods industries as compared with that in the
nondurable-goods sector. In the latter group the growth of
petroleum investment has acted as an important stabilizing
influence. The durable-goods manufacturers7 programs in
1956 constitute 22 percent of the total nonfarm plant and
equipment outlays, somewhat more than the actual ratio in
1952, when the defense expansion program was at its peak.
On the other hand, the prospective nondurable ratio of 21
percent appears lower than in most other postwar years.
Expansion in the forefront
TOTAL
30
20
MANUFACTURING 8 MINING
10
TRANSPORTATION ^
I
I
I
I
1953
I
I
1954
I
1955
1956*
QUARTERLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
* Anticipated
U. S. Department of Commerce, Office of Business Economics
DATA-. SEC a QBE
56-15-4
in sales. In spite of an expectation of lower sales in 1954
automobile manufacturers increased their capital outlays
sizably over 1953 and were an important influence in dampening the decline in manufacturing investment from 1953 to
1954.
Nondurable-goods industries
In the nondurable goods area, advances in capital expenditures of approximately two-fifths over 1955 are scheduled
by the paper and chemicals industries; about average increases—in the neighborhood of one-fifth—are planned by
petroleum and rubber companies, and lower than average
gains are programed in textiles and food and beverages.
The petroleum industry schedules call for an expansion of
more than $% billion over last year to $3.3 billion, the largest
year-to-year rise since the first year of the Korean mobiliza
The survey asked businessmen to segregate their total
expenditures between replacement and modernization on the
one hand and expansion on the other. Although the response
to the question was good in terms of coverage, the data should
still be used with care because of the difficulty of clearly
separating the two types of outlays.
In recognition of the dual nature of certain outlays, firms
were instructed to make the classification according to the
primary characteristic of the expenditure. An outlay made
primarily to add to a firm's facilities was to be considered
"expansion" even though part of it might be to replace older
facilities already owned by the firm. Similarly, an outlay
made primarily to replace existing capital goods was to be
considered "replacement" even though the new facility
might have a somewhat higher capacity than the old one.
Measuring capacity change is difficult under many circumstances, such as when the product is not homogeneous and
and when product mixes change. In addition, some capital
expenditures might add to the firm's facilities but have little
or no effect on its major output, e. g., a new office building.
Manufacturing firms expect to increase both types of
spending during the coming year but outlays for expansion
are expected to rise from 45 percent of the total in 1955 to
50 percent of the considerably higher figure programed for
1956. (See table 2.) This represents a continuation of the
trend toward expansion that began last year. In 1954 the
ratio of expansion to total expenditures was comparatively
low, having decreased steadily since the Korean mobilization
program reached its peak in 1951-52.
Firms in both durable- and nondurable-goods industries
are planning greater increases in expansion than in replacement outlays but the change in the proportions is more pronounced in the durable-goods industries, with all the major
hard-goods industries except the "all other" group following
the general pattern. Companies in the nonferrous metals,
motor vehicles, electrical machinery and the stone, clay and
glass industries indicate the most marked relative increases
in the proportion for expansion. Despite these substantial
increases for new capacity, however, the programs in almost
all the major durable-goods lines call for increases in replacement expenditures as well.
All the major nondurable industries also anticipate larger
percentage increases in expansion than in replacement outlays with the exception of the petroleum industry, where
2. Capital expenditures in the plant and equipment survey are classified on a company
rather than on a plant or establishment basis. Where a firm is engaged in more than one
industry, it is classified in that industry accounting for the greater part of its activity. The
integrated petroleum refiners, classified here in petroleum manufacturing, also make very
large outlays for production, marketing and transportation facilities.
SUEVEY OF CURKENT BUSINESS
12
virtually all the 1955-56 increase appears to be in replacement spending. The dollar amount of replacement expenditures is also expected to increase in all nondurable-goods
industries except rubber and textiles.
March 1956
Table 2.—Percent of Total Plant and Equipment Expenditures
for Replacement and Modernization and for Expansion, by
Manufacturing Industry, 1955-56
1955
19561
Replacement and Expanmoderni- sion
zation
Nonmanufacturing Investment
Nonmanufacturing investment has been more stable than
manufacturing investment in the postwar period and in the
past 2 years increased in importance. This year, advances
over 1955 are widespread but relatively less than the
manufacturing rise. Investment by the public utilities,
communication and commercial groups has been strongly
Manufacturers' Plant and
Equipment Expenditures
BILLIONS OF DOLLARS
16 —
—
irable - goods industries
All manufacturing
Replaceand Expan- Total
Total ment
moderni- sion
zation
55
45
100
50
50
53
47
100
45
55
100
Primary iron and steel
Primary nonferrous metals
Electrical machinery
Machinery except electrical
53
48
59
68
47
52
41
32
100
100
100
100
51
31
51
64
49
69
49
36
100
100
100
100
Transportation equipment including motor vehicles
Stone, clav and glass2 products--.
Other durable goods
47
41
54
53
59
46
100
100
100
34
28
56
66
44
100
100
100
Nondurable-goods industries
56
44
100
54
46
100
Food and beverages
Textile-mill products
Paper and allied products
68
71
49
32
29
51
100
100
100
61
59
42
39
41
58
100
100
100
Chemicals and allied products. _ Petroleum and coal products
Rubber products
Other nondurable goods 3
36
59
54
62
64
41
46
38
100
100
100
100
31
64
45
57
69
36
55
43
100
100
100
100
Durable-goods industries _. ._ ._
100
Nondurable-goods industries
1. Anticipated.
2. Includes fabricated metals, lumber, furniture, instruments, ordnance and miscellaneous
manufactures.
3. Includes tobacco, apparel, printing and publishing, and leather.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
The currently planned advance centers largely in new
equipment purchases, particularly of new freight cars. Purchases of the latter had fallen very sharply in 1954 and
although 1955 witnessed a one-fourth increase in new car installations an even greater number of retirements brought
about a second year of decline in aggregate freight car capacity. The very large increases in new car orders in the
second half of last year raised unfilled orders to approximately 130,000 cars, the highest December backlog outstanding in the postwar period, and in January of this year
car installations were the highest in 2 years. Further increases in locomotive installations are also in prospect, with
order backlogs this January three-fourths higher than those
in January of 1954 and 1955.
8 —
4 —
Public utilities
1946
47
48
49
50
51
52
53
54
* Anticipated
U. S. Department of Commerce, Office of Business Economics
55
56*
DATA: SEC a QBE
56-15-5
influenced by growth factors in the economy and by the
continuing movement to the suburbs. Capital improvements
by the railroads have been much more affected by cyclical
considerations.
Railroads program higher spending
The railroads, whose investment declined considerably in
the 1954 downturn, are planning a very sizable increase in
1956. The scheduled $1.3 billion outlay compares with
actual spending of $0.9 billion last year. The quarterly
figures indicate that the rise which began in the fourth quarter
of 1954 is expected to continue into the second half of 1956;
the seasonally adjusted rate for the second quarter is almost
double the low point of six quarters earlier.
Another large increase in expenditures by gas utilities and
a reversal of the 2-year decline in electric utility outlays are
the main features in the 1956 programs of public utilities.
Spending for the 2 groups combined is scheduled at a record
$5 billion this year.
Investment by the electric companies declined about 3 percent last year, bringing the total drop since 1953 to approximately 8 percent. On a quarterly basis the decrease
was much sharper—16 percent, after seasonal adjustment,
from the third quarter of 1953 to the final quarter of lastyear. Three-fifths of this decline is expected to be made up
by the second quarter of this year and further increases have
been scheduled in the second half.
The gas utilities, whose capital expenditures have fluctuated markedly in recent years as a result of gas pipeline
construction, plan another sizable increase in expenditures
in 1956, after a one-fifth advance from 1954 to 1955. On a
seasonally adjusted basis, however, it appears that the
greater part of the expenditure will occur in the first half
of this year, with a sizable drop implied in the second half.
SURVEY OF CURRENT BUSINESS
March 1956
13
however, reporting an anticipated increase of 1 percent for
the full year over 1954 whereas actual aggregate outlays
rose by 7 percent. The quarterly surveys indicated successive upward revisions in spending programs in the third and
fourth quarters of 1955.
In most of the major industry divisions spending was
higher than expected and in some cases the direction of
year-to-year change was missed; manufacturing as a whole
experienced a small increase over 1954 instead of the small!
decline that was first expected, and investment in both transportation groups rose instead of declining. Railroad investment shows the largest discrepancy—actual outlays rose 8
percent as compared with an expected drop of 11 percent.
Public utilities was the only major group that spent less
than anticipated and here the deviation was quite small.
The commercial group rose 15 percent instead of the scheduled 7 percent. In dollar terms the understatement in this
group plus that in manufacturing equal almost the entire
difference in the grand total.
Within manufacturing, the major industries spent more
than anticipated almost without exception. Discrepancies
were greatest in durable goods, where expenditures rose 7
percent instead of declining 4 percent; in nondurables, outlays rose 1 percent in comparison with an expected decline
of 2 percent. Nonferrous metals and chemicals were the
only industries that spent less than planned.
By size group it appears that the largest firms did best in
their anticipations, estimating very closely what they actually spent for the year. This has also been true of most
other years. There were, however, offsets within this largesize firms' total—the durable-goods firms spent somewhat
more than planned while the nondurable-goods groups spent
a little less. The medium- and small-size firms also exceeded
plans—again more in durables than in soft goods, and more
in the smallest size group than in the middle group. To
Other nonmanufacturing
Mining companies expect a 19 percent rise in capital expenditures this year, bringing their outlays to a record total.
Petroleum and gas companies account for the greater part
of the dollar rise although the relative increase here is less
than average for mining. Nonferrous metals, iron ore, and
coal all show larger-than-average gains.
In nonrail transportation all the major sectors expect to
increase their spending over 1955. The airlines anticipate
an increase of about one-fifth and are chiefly responsible for
the rise scheduled between the first and second halves of this
year.
The commercial and other group expects the smallest
change this year of any of the major industry divisions, reflecting in part the fact that it has been undergoing a steady
advance since 1952, a period in which every other major
group has had at least 1 year of decline. Last year in particular investment in this area rose markedly—15 percent
over 1954—and was a major source of strength in investment
demand. Further small increases are being scheduled in
this group from the fourth quarter to the first half of 1956
but the data for the full year 1956 imply some decline in this
sector in the second half of 1956.
The realization of 1955 investment programs
The plant and equipment survey conducted a year ago
correctly indicated a rise in total outlays over 1954, that
the year-and-a-half downturn in investment would reach its
low point in the first quarter of 1955, and that there would
be a sharp upturn from the first to the second quarter of
1955. The survey understated the extent of the advance,
Fixed Investment Programs for 1956
show a broad and pronounced industrial expansion
BILLIONS OF DOLLARS
4-
BILLIONS OF DOLLARS
-4
MACHINERY
PRIMARY METALS
(INCL. ELECTRICAL)
TRANSPORTATION
EQUIPMENT
PETROLEUM
CHEMICALS
(INCL. MOTOR VEHICLES)
3-
—
n
^
1950
52
* Anticipated
54
i
-3
"!~»
v/fr
-2
n ~~
r-
1950
n
—
—
-,
—
52
Q
1950
52
'
^
^
r-r
^
rT
i—
™
U. S. Department of Commerce, Office of Business Economics
fS//
P
n
56
^
I
54
1
56*
—
1950
52
54
I
56*
1950
A>
52
54
56*
DATA: SEC 8 OBE
56 - 1 5 - 6
SURVEY OF CURRENT BUSINESS
14
March 1956
Table 3.—Expenditures on New Plant and Equipment by U. S. Business,1 1953-56
[Millions of dollars]
1954
1953
1954
1955
1956
JanuaryMarch
Manufacturing
_
Durable-goods industries
.
_
__
JulySeptember
October- JanuaryDecemMarch
ber
AprilJune
JulySeptember
October- JanuaryDecem- March 2
ber
AprilJune 2
11,038
11,439
15,036
2,569
2,859
2,645
2,965
2,249
2,795
2,899
3,499
3,340
3,808
5,648
5,091
5,436
7,685
1,201
1,309
1,207
1,373
1,063
1,278
1,378
1,718
1,686
1,954
1,210
412
475
797
754
246
439
694
863
214
436
809
1,327
418
579
1,016
190
69
95
160
200
69
110
171
169
53
102
165
195
55
132
198
154
41
89
158
211
45
102
188
214
58
108
206
283
71
138
257
276
80
120
254
320
94
137
258
989
1,295
1,128
1,863
282
356
337
319
224
256
295
354
366
466
180
346
1,239
191
361
1,110
274
498
1,214
477
685
1,320
39
78
288
46
88
269
46
80
255
60
115
298
48
88
260
65
106
306
72
121
304
88
183
344
100
159
331
122
196
361
6,260
5,948
6,003
7,351
1,368
1,438
1,592
1,186
1,517
1,521
1,781
1,654
1,854
_ _ _
812
378
409
1,428
765
331
455
1,130
718
366
518
1,016
813
389
712
1,426
197
81
104
309
204
88
117
292
184
75
111
252
180
86
124
277
170
77
92
231
196
92
120
230
171
83
142
239
182
115
164
317
178
106
169
310
204
105
182
340
_. .
2, 668
161
404
2, 684
131
451
2,798
150
437
3,322
176
513
530
32
115
696
35
118
682
29
104
776
35
114
490
30
96
730
36
113
741
39
106
836
45
122
724
44
123
865
46
112
Primary iron and steel
- Primary nonferrous metals
Electrical machinery and equipment
Machinery except electrical
Motor vehicles and equipment
Transportation equipment excluding
motor vehicles
Stone, clay and glass products
_ _ __
Other durable goods 3
Nondurable-goods industries
Petroleum and coal products
Rubber products
Other nondurable goods 4
AprilJune
11,908
_
Food and beverages
Textile-mill products
Paper and allied products
Chemicals and allied products
1956
1955
2
_ _ __
1,550
986
975
957
1,141
219
261
251
244
186
235
248
288
293
310
1,311
854
923
1,307
250
245
179
180
179
217
215
312
311
334
Transportation other than rail
1,565
1,512
1,602
1,784
384
375
374
379
359
420
401
421
410
434
Public utilities
4,552
4,219
4,309
4,989
929
1,121
1,060
1,109
845
1,052
1,174
1,238
1,101
1,358
ilO, 636
1,916
2,071
2,133
2,110
2,030
2,290
2,512
2,640
2,601
2,756
34,893
6,266
6,932
6,640
6,988
5,847
7,009
7,449
8,398
8,056
9,000
Mining
.
Railroads
..
..
_ _ _ - _
Communications
1,690
1,717
1,983
Commercial and other &
6,310
6,513
7,488
28, 322
26, 827
28, 701
Total
Seasonally Adjusted at Annual Rates
[Billions of dollars]
Manufacturing
Durable
Nondurable
11.62
11.09
10.98
10.58
10.17
10.84
11.97
12.48
13.66
15.40
5.40
6.22
5.18
5.90
5.06
5.93
4.80
5.79
4.78
5.39
5.06
5.78
5.77
6.20
6.00
6.48
6.81
6.85
8.05
7.35
.94
1.04
1.00
.91
.80
.94
.99
1.08
1.14
1.24
Railroads
1.04
.91
.80
.68
.74
.80
.96
1.17
1.18
1.30
Transportation other than rail
1.57
1.44
1.51
1.53
1.46
1.62
1.60
1.70
1.71
1.67
Public utilities
4.33
4.37
4.12
4.01
4.01
4.09
4.43
4.48
4.84
5.01
7.97
8.07
8.42
8.46
8.46
8.90
9.70
10.54
10.68
10.70
27.46
26.92
26.84
26.18
25.65
27.19
29.65
31.45
33.21
35.32
Mining
Commercial and other
5
Total
1. Data exclude expenditures of agricultural business and outlays charged to current account.
2. Estimates based on anticipated capital expenditures as reported by business from late
January to early March 1956. The seasonally adjusted data include in addition to a seasonal
correction, an adjustment when necessary, for systematic tendencies in anticipatory data.
3. Includes fabricated metal products, lumber products, furniture and fixtures, instruments,
ordnance, and miscellaneous manufactures.
4. Includes apparel and related products, tobacco, leather and leather products, and printing
and publishing.
5. Annual figures for 1953-55 include trade, service, finance, and construction. Anticipated
annual data for 1956 and all quarterly data also include communications.
some extent the understatement by the smallest firms is a
recurrent phenomenon although last year the understatement was larger than usual, perhaps reflecting the relatively
greater sensitivity of the investment programs of these firms
to cyclical changes.
tendency of smaller firms to underestimate future outlays.3
A more important reason, however, is suggested by last
year's sales trend, particularly in relation to the sales movement that businessmen had in mind early last year. A year
ago manufacturing firms expected their sales to rise only 4
percent over 1954, reflecting, no doubt, the uncertainty
prevalent in the early stage of a recovery. Instead, manufacturing sales rose 13 percent, with the result that, as suggested earlier, profits were higher than initially expected and
in many industries existing capacity proved to be inadequate.
Reasons for deviations
A minor part of last year's discrepancy of 6 percent
between anticipated and actual spending may be attributable
to a difference in price levels between the time the estimates
were prepared and the average for the full year 1955. Combined plant and equipment costs were about \% percent
higher for the full year 1955 than in early 1955. Another
part of the difference, as already suggested, is found in the
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
3. The Office of Business Economics and Securities and Exchange Commission are planning
a study on reasons for differences between actual and anticipated 1955 expenditures later
this year.
(Continued on p. 20)
by J. E. Smith
Developments in
Overseas Transportation
i
NTERNATIONAL transportation transactions constitute
one of the major items in the balance of international payments of the United States. Throughout the postwar period—in contrast to the prewar years—United States earnings of foreign exchange from transportation services have
exceeded payments to foreign countries. In 1955 United
States payments to foreign countries amounted to nearly
$1.18 billion and receipts from foreign countries exceeded
$1.3 billion.
Since internationally traded commodities are valued at
their point of export, freights earned by United States shipping concerns on goods imported by the United States and
earnings of foreign concerns from the carriage of United
States exports are not considered to be international transactions and are therefore excluded from these data. In 1954
United States shipping firms received $348 million from the
carriage of imports and foreign firms received $591 million
from carriage of exports; incomplete data indicate that such
earnings increased substantially in 1955. For other items
considered as international transactions, see note at the
end of this article.
High shipping activity raises U. S. earnings
Both international receipts and payments were higher in
1955 than in either of the previous 2 years. Payments rose
to a record amount. Although the advance in receipts from
1954 to 1955 was somewhat greater than the rise in payments,
total receipts last year were still below the years 1951 and
1952 and also below the later war and early postwar years.
The excess of receipts over payments of $175 million was
about 13 percent greater than in 1954 and a third larger than
in 1953, but much smaller than in the late war and early
postwar years. The reduction from these latter years reflects the downward trend in the participation of United
States shipping concerns in the carriage of United States
foreign trade. This movement parallels the experience after
the first world war and represents the return from the warcreated emergency during which the United States carried
two-thirds or more of the trade. In recent years about onethird or less was carried by United States ship operators—
about the same share as during most of the interwar years
and for a long period of time prior to the first world war.
The sharp acceleration beginning late in 1954 in the value
of commercial exports provided the opportunity for United
States liner companies to halt the downward trend in the
participation ratio. In 1955 total liner export cargoes rose
b.y about 9 percent over 1954 and United States participation in that trade rose slightly above the 40 percent carried
in the previous year. (This percentage differs from published
Census Bureau data for liner exports since it includes outbound intransit cargo and an adjustment for United States
chartered and operated foreign-flag ships.) Although the
volume of cargo available had also increased from 1953 to
NOTE: MR. SMITH IS A MEMBER OF THE BALANCE OF PAYMENTS
DIVISION, OFFICE OF BUSINESS ECONOMICS.
1954, the rate of United States participation had continued
to decline. General freight rate increases introduced at the
beginning of the second quarter of 1955, equivalent to about
5 percent over the 1954 levels, also contributed to the rise of
liner companies earnings on outbound cargo to about $337
million from $312 million in 1954.
Sharp rise in bulk-cargo freight rates
Earnings of United States tramp vessel carriers, mainly
on exports of coal, grain, and scrap steel, amounted to $68
million in 1955, more than three times 1954 earnings. With
British coal production about the same as in 1954 and supplies from Poland reduced, the United Kingdom and other
Western European countries increased their imports of coal
from the United States from about 10 million tons in 1954
to about 27 million in 1955 in order to meet the needs of their
rapidly increasing industrial activity. In addition, coal
exports to other areas continued to rise. Although United
States operators more than tripled their carriage of coal,
their participation at about 2.1 million tons to all areas was
only about 7 percent of the total carried by both foreign and
United States tramp vessel operators.
Higher exports of grains, in part stimulated by various
Government programs, raised grain cargoes taken by tramp
ships from about 4.3 million tons in 1954 to about 8.6 million
in 1955. United States participation in this trade was about
18 percent, a smaller ratio than in 1954, with total carriage
rising from 1 million to about 1.5 million tons.
The steadily rising demand for tramp ships to move coal and
grain, reinforced by greater movements of other bulk dry
cargoes as a result of improved economic conditions here and
abroad, lifted tramp ship charter rates to the highest levels
since early 1952. By the end of 1955, United States vessels
earned about $10 a ton for the carriage of coal from United
States North Atlantic ports to the principal European Atlantic ports as against about $5 per ton during the third
quarter of 1954. In the same period, grain rates increased
from about $7 per ton to $10 per ton with rates during the
first and second quarters of 1955 substantially higher.
Other United States freight earnings taken into the balance
of payments in 1955 include $100 million from the carriage
of cargoes, mostly petroleum, from foreign country to foreign
country. Foreign tanker companies continued to carry the
bulk of relatively small petroleum exports from the United
States and United States tanker earnings from this trade
amounted to only $13 million.
Foreign shipping earnings at peak
The preliminary estimate of $461 million for foreign
operators7 earnings on imports into the United States in
1955 is the highest ever recorded. It also marks the resumption, after a decline in 1954, of the upward trend in such
earnings since the end of World War II. Imports rose sharply
15
SURVEY OF CUEEENT BUSINESS
16
after the upturn of economic activity in the fall of 1954.
Total dry cargo ocean borne imports rose to 54.3 million
tons in 1955, an increase of 17 percent over 1954. New
requirements of the hardgoods industries resulted in higher
imports of metals, minerals, and ores especially. Eapid
technological advances in metallurgy requiring greater
amounts of alloying metals and ores enhanced this inward
movement.
Foreign operators continued to enlarge the proportion of
their carriage of dry-cargo imports, taking over two-thirds
of the total in 1955. This represented over half of imports
by liner vessels and nearly three-quarters by tramp vessels.
In addition to increased carriage, foreign operators' earnings
on imports were improved by increases in freight rates in
both categories. Twelve out of the 56 liner conferences
raised general freight rates by about 10 percent in 1955.
Transportation in International Transactions
March 1956
$121 million on imports into the United States in 1955, a
50-percent increase from the previous year. As with dry
cargo, the percentage of tanker cargo carried by foreign
companies has been steadily increasing owing to their relatively low cost of operation as compared with United Statesflag ships. Large tonnages have been built in recent A^ears
both by United States companies for their foreign shipping
subsidiaries and by foreign companies. Sizeable tonnages
have also been transferred or sold to foreign subsidiaries by
United States companies in order to lower costs. In 1955,
total tanker imports reached a record 64.7 million tons, 15
percent above 1954 and three times the amount imported
in 1946. Foreign operators for the first time took more than
50 percent of the total cargo available. Average earnings per
ton were maintained at about the 1954 level during most of
1955. But a very high demand for ships for imports into
Europe during the last 2 months coupled with the high
seasonal volume of imports into the United States pushed
rates to the levels reached in early 1952 when the Korean
hostilities were a major factor influencing tanker rates.
Prewar and 1953-55
MILLIONS OF DOLLARS
1,200—
—
Foreign vessel operators spent $540 million in the United
States in 1955, the largest amount thus far recorded. The
advance reflected the substantial increase in both export and
import cargoes handled as well as some increases in passenger
liner costs and shore overhead. Port expenditures by tramp
vessel were $118 million, over 50 percent greater than in
1954 as cargo handled climbed from 42.1 million to 69.5
million tons. Liner cargo vessels' expenditures rose to $300
million with an increase of over 6 percent in cargo carried.
Passenger liner and tanker costs in the United States at
$122 million were 7 percent over 1954.
United States vessel operators' expenditures abroad of
$158 million were 12 percent above 1954 as dry-cargo
exports and imports handled were up by more than 21 percent. The relatively smaller rise in port expenditures reflects
the fuller utilization of the ships per voyage.
HIM
RECEIPTS
Costs in U. S. offset foreign earnings
PAYMENTS
PASSENGER FARES_
CHARTER H I R E "
800 —
PORT EXPENDITURES
400 —
Air transportation volume gains
1938
1953
1954
1955*
* Preliminary
U. S. Department of Commerce, Office of Business Economics
56 -
To the extent that the liner companies compete with tramp
vessels for certain bulk cargoes, freight rate increases in
the tramp charter market also affected liner companies'
earnings. Because of the heavy demand for ships to haul coal
and grain exports from the United State?, the heavy imports
into the United States and the generally high ship activity
throughout the rest of the world, average freight rates for
imports in tramp vessels moved up in 1955 by approximately
10 percent over 1954. Coupled with an increase of about 12
percent in tramp tonnage carried, foreign-tramp operators7
income rose from $118 million in 1954 to $140 million in 1955.
Foreign tanker vessel operators, including the large tanker
subsidiaries of United States petroleum companies, earned
International air transportation continued to gain in 1955.
Receipts and payments were approximately in balance.
United States carriers' fare receipts from residents of foreign
countries for carriage from and to the United States and
between foreign countries amounted to $91 million, an
increase of 4 percent from 1954. Foreign carriers earnings
from United States residents of $69 million were up 12
percent from 1954. United States air export freight at $31
million was up 25 percent from 1954 while foreign carriers
earned about $6 million from import freight, up 20 percent
from 1954. Expenditures abroad by United States carriers
rose to nearly $100 million, an increase of about 9 percent
while foreign carriers' expenditures in the United States
remained at the 1954 level of $41 million.
Other transportation items, such as pipeline freight from
the carriage of Canadian petroleum and freight car exchanges
between the United States and Canada and Mexico, showed
increases in 1955. On the whole, the small United States
balance on international transportation items other than
ocean shipping in 1954 declined in 1955, principally because
of the increase in United States air carriers expenditures
abroad and an increase in United States residents fare
payments to foreign airlines.
SURVEY OF CURRENT BUSINESS
March 1956
Change in Payments Balance From Prewar
The continuing excess of receipts over payments in the
United States transportation account since the close of World
War II contrasts with the interwar years when, with the
exception of 1919-21, transportation transactions were an
important source of net dollar income for foreign countries.
Estimates for earlier periods indicate that this was also
generally the case during the first world war and back
through the last quarter of the 19th century. The continuation of the excess of United States receipts, even after the
effects of the war have largely been overcome and the division
of the carriage of United States waterborne trade between
United States and foreign operators has almost returned to
the prewar proportion, invites an analysis of the factors
responsible for the change and consideration of whether it
is likely to be temporary or lasting.
Table 1 compares the ocean shipping account of 1938 1
with that of 1954. In this period there was a change from a
net payments balance of $18 million to a net receipts balance
of $138 million even though the rates of participation of
United States and foreign vessels in United States trade
were roughly similar in both years. The participation rates
are shown in table 2.
If United States vessels had carried in 1954 the 1938 proportions of dry-cargo exports and imports rather than the
proportions actually carried, the receipts balance of 1954
would have been about $126 million. The difference between the 2 years in factors other than dry-cargo participation rates therefore accounts for about $144 million out of the
total shift of $156 million in the net balance. The differences
in participation rates on tanker exports and imports had a
negligible effect on the change in the balance.
U. S. earnings per ton rise more than foreign
Among the principal factors accounting for the emergence
and maintenance of United States net receipts on ocean
shipping were changes in freight rates and in the composition
of United States trade resulting in an increase in United
States operators earnings per ton of dry-cargo exports while
foreign operators earnings per ton of imports remained
about the same.
The increase in export earnings per ton was about 150
percent or from $12 in 1938 to $29 in 1954.2 The rise was
even greater, to $33 per ton, in the liner category in which
4 million of the 6.4 million ton increase in United States
carriage between the 2 years occurred. The table below
indicates the extent of some of the changes in freight rates
quoted by export liner conferences which led to the increased
receipts of United States operators.
Export Freight Rates from New York, 1954 as percentage of 1938
General
cargo
Capetown
Manila
Melbourne
Liverpool, London
Amsterdam, Rotterdam.
Marseilles
Ilio de Janeiro
Buenos Aires
225
244
178
200
200
182
286
300
Iron and
steel (close
Machinery stowage) Autos
236
273
182
188
210
161
263
263
367
427
210
217
275
244
300
300
222
274
219
247
389
200
250
250
Source: Adapted from rate tables published in Export Trade and Shipper.
In addition to freight rate increases, a shift to greater
exports of finished manufactures and semimanufactured
products also helped to increase earnings per ton of United
1. This prewar year was chosen because of availability of detailed data. Data for other
prewar years support the conclusions drawn.
2. The available data indicate that freight rates in 1938 had already risen over the lower
levels prevailing in 1936 and 1937.
374754 °—56
3
17
States operators. These categories comprised about 72
percent of total exports in 1938 and 79 percent in 1954 with
machinery and automobiles, among the products taking
comparatively high freight rates, registering some of the
principal gains.
Table 1.—International Transportation, 1938, 1947, 1953-55 l
[Millions of dollars]
1938
1947
1953
19552
1954
Receipts:
Ocean shipping. _ .__ _ . . .
Export freight earnings
Coal
Grain_. _ _ _
_ __
Other dry cargo
Tanker
___ _ _ _ _ _ _
_
Military-controlled
export freight earnings 3 _
Freight earnings on shipments between
foreign countries
Passenger fares
Port expenditures- _
Charter hire
Other transportation
Total receipts
254
1,597
971
943
1,090
66
na
na
na
17
961
257
67
608
29
350
9
21
302
18
343
6
21
304
12
418
32
48
325
13
4
10
157
197
17
4
1
100
39
281
19
103
21
465
15
98
24
469
5
100
27
540
4
13
145
239
238
261
267
1,742
1,210
1,181
1,351
272
456
864
805
931
140
130
10
83
49
141
133
8
47
231
37
423
311
112
134
142
165
369
288
81
130
141
165
461
340
121
146
158
166
Payments:
Ocean shipping
Import freight payments
Dry cargo. _ ._ _ _
Tanker
Passenger fares _ _ __
Port expenditures
Charter hire
Other transportation
30
127
216
221
245
Total payments
302
583
1,080
1,026
1,176
-18
-35
1,141
1,159
107
130
138
155
159
175
Balance: Ocean shipping
Transportation account
na Not available.
1. For data relating to other postwar years see "Transportation in the Balance of Payments," SURVEY OF CURRENT BUSINESS, September 1953. The data shown in this table
will be included in the revised balance of payments compilations which will be published in
June 1956.
2. Preliminary.
3. Military end-items included 1947; economic aid only 1953-55.
Source: U. S. Department of Commerce, Office of Business Economics.
In contrast to the sharply increased earnings of United
States operators per ton of export cargo, foreign operators
earnings per ton of import cargo were virtually at the same
level in 1954 as in 1938 at about $9.50 per ton. Of the
total of 30 million tons imported on foreign ships in 1954,
22 million consisted of imports on tramp vessels at earnings
averaging $5.20 per ton. On 7.6 million tons of liner imports,
earnings averaged $22.25 per ton, an increase of about 50
percent over 1938. Thus, while United States exporters
enjoyed a fivefold increase from 1938 in dry cargo export
earnings as their carriage of exports doubled, foreign operators earnings on dry cargo imports in 1954, as a result of a
much higher proportion of tramp carriage, were only somewhat more than twice those of 1938 on twice the amount
of cargo carried.
Higher bulk imports limit foreign earnings
The relative stability of per-ton earnings on imports
resulted from changes in the composition of imports which
largely offset advances from 1938 to 1954 in quoted rates—
which for general cargo imports appear to have exceeded
100 percent on the average. While imports of such liner
cargoes as autos and parts, sewing machines, toys, photographic goods, cutlery, and furniture, have risen strongly
from the prewar years, the volume of imports of food,
beverages, tobacco, and coffee has not kept pace. Such
18
SURVEY OF CURRENT BUSINESS
products as tin, rubber, cotton, silk, burlap, hides, finished
textiles, leather, fats and oils, and others have increased
but slowly or have actually decreased either because of
greater United States self-sufficiency in the products,
economies in processing, or by displacement by synthetics
or plastics.
The relative decline in imports of these more traditional
types of liner cargoes has been offset by greater amounts of
imports for the durable goods industries, chiefly the metals,
metallic ores, and bulk minerals. In 1954, about a fourth
of total foreign liner imports consisted of these products,
moved in liner vessel parcel lots at low freight rates more
or less competitive with tramp vessel rates. Because of the
increased emphasis on these low-rate cargoes during postwar years, foreign liners' earnings per ton were limited to a
50 percent increase over 1938 despite the much larger rise
in import rates on general 7cargo.
Foreign tramp operators earnings reflect the steep rise in
imports of metals and metallic ores in recent years. Out of
a total of 22.3 million tons of imports carried by foreign
operators in 1954, about 16.5 million tons consisted of iron
ore, bauxite, manganese, chrome, copper, lead, zinc, and tin
ores. Average payments to foreign operators for all tramp
imports at about $5.20 per ton were about twice the 1938
average. That the increase was not greater was due principally to the relatively plentiful supply of tramp tonnage
since the end of the Korean hostilities. Another factor which
tended to hold payments down was the policy followed by
domestic processors of such materials of using their own
fleets or vessels time-chartered for long periods when rates
are low and thus avoiding the high rates for short-term
charters when shipping space is in relatively large demand.
Nevertheless, earnings of foreign tramp operators from
United States imports were $118 million in 1954 as against
$20 million in 1938.
With the high-rate liner traffic accounting for only 25
percent of the foreign-line import trade in 1954 as against
36 percent in 1938, the overall freight cost per ton scarcely
changed over the period.
The changed relationship between earnings and por
expenditures has accounted for the shift from a net payment:
balance to a net receipts balance. Where foreign operators
port expenditures in United States ports in 1938 were th<
equivalent of about 92 percent of their import earnings, thii
had changed by 1954 to about 108 percent of import earn
ings. On the other hand, United States operators' expenditures abroad declined from 49 percent of export earning!
in 1938 to about 37 percent in 1954.
There appears to be little reason to expect the balance oJ
payments on transportation account to change from an excess
U. S. and Foreign Merchant Fleets
Foreign fleets have regained their prewar share
in United States trade . . .
200
U.S.
DRY CARGO TRADE
100
U. 5. VESSEL
CARRIAGE
80
60
50
40
FOREIGN VESSEL
CARRIAGE
20
i
10
YEARLY
i
I
I
TOTALS
as they have grown in size relative to the
United States fleet
200
U.S.
1
4647 48 49 50 51 52 53 54 55 56
1938
Changes in port costs favor U. S.
Greater increases in costs of foreign operators in United
States ports than in those of United States operators in
foreign ports have also helped to turn the prewar net payments balance on ocean shipping to a net receipts balance.
Increases in stevedoring costs in the loading and unloading of
general cargo were the principal factors in the rise of foreign
operators average costs per liner cargo ton in the United
States from about $4-$6 in 1938 to $12.50 in 1954. Increases
in the costs of fueling, provisioning, and handling the large
number of foreign passenger liners tended to augment this
increase. Overall port expenditures per ton for foreign operators, including tramps and tankers, averaged $2.40 per
ton in 1938 and $4.20 in 1954, an increase of 75 percent.
United States operators purchase nearly all their fuel,
subsistence, supplies, equipment, and repairs in the United
States, and hence experienced similar cost advances but, as
domestic purchases, these do not represent international
transactions. The rise in United States liner operators costs
abroad was confined mostly to stevedoring. Average costs
abroad rose from about $3 per ton in 1938 to about $6.25
in 1954. By volume, the largest increases in United States
vessel operators activity between the 2 years has been in the
carriage of tramp and tanker imports. Since loading costs
on such cargoes are very small, their increased proportion of
the total has held down the overall average cost per ton for
United States operators. The data show an increase from
about $2 per ton in 1938 to about $2.25 in 1954.
March 195(
AND FOREIGN DRY CARGO FLEETS
IN W O R L D T R A D E
100
80
FOREIGN
60
50
40
30
20
UNITED
STATES
A
1
!
CD
o>
cT
<•
S §
1
!
1
1
I
1
I
1
1
1
I
I
1
1
1
46 47 48 49 50 51 52 53 54 55 56
h
Dec. 31
>|
BASIC DATA: BUREAU OF CENSUS 8
U.S. M A R I T I M E A D M I N I S T R A T I O N
U. S. Department of Commerce, Office of Business Econoi
March 1056
SURVEY OF CURRENT BUSINESS
of United States receipts to an excess of payments in the
near future with the prevailing levels of freight rates and port
expenditures, unless it is assumed that the United States
share of the trade, including the foreign-to-foreign trade,
were to be reduced sharply below the current level. In
1954, for instance, United States participation in the carriage
of United States trade and earnings from the carriage of
goods between foreign countries would have had to be reduced by as much as one-half in order to equalize receipts
and payments in the transportation account. (This calculation takes account of the concomitant changes in port
expenditure receipts and payments.)
Supports for U. S. Merchant Fleet
The reason that the share of United States oceanborne
trade carried by United States ships now amounts to only
one-fifth of dry-cargo exports and one-third of imports has
been the competitive advantage enjoyed by foreign comanies in the lower cost of building and operating ships,
n order to place United States operators on a par with their
foreign competitors and thus ensure that the United States
shall have a merchant marine sufficient to maintain the flow
of its essential trade at all times and also to act as a naval
and military auxiliary in wartime, the Merchant Marine Act
of 1936 provides for the payment of construction-differential
subsidies and operating-differential subsidies to American
poerators.
f
percent of liner imports. Both figures represent declines
from the approximately 50 percent of exports and over 60
percent of imports carried in the 1946-48 period.
United States tramp fleet in decline
No support of the kind supplied to liner companies is
provided to American tramp-vessel owners with the exception of the 50-50 Cargo Preference Act. As a result, the
competition from lower-cost foreign vessels limited United
States tramp-ship carryings of exports to 2.4 million tons in
1954, representing 11 percent of the total carried by tramp
vessels and consisting almost exclusively of aid cargoes, and
1.8 million tons of imports, representing 9 percent of the total
of imports brought in by tramp vessels. An additional
7.6 million tons of imports were carried by United Statesflag and United States-operated foreign-flag vessels in industrial-type operations.
Table 2.—United States Oceanborne Exports and Imports, 1938,
1947, 1953-55 J
[Shipping weight in millions of long tons]
Tanker vessels
Dry cargo vessels
Year
Decline of U. S. liner share limited
These subsidies, paid to operators on essential trade routes
in regular liner service, have been instrumental in maintaining and expanding the United States-flag fleet engaged
in such services. In the 1937-55 period, a total of 247 vessels were built under the construction subsidy provisions of the
1936 Act and on December 31, 1955, there were 474 vessels
in liner service, including 35 in liner-industrial service. In
addition, there were a number of foreign-flag vessels operated
under charter by United States firms. This compares with
a total of approximately 270 vessels in service on June 30,
1938.
The freight rate conferences in which most United States
and foreign liner operators are organized have also helped
to maintain the United States fleet against the increasing
competition of lower-cost foreign fleets. Although these
conferences set the freight rates, competition continues from
nonconference operators and through the introduction of
newer and faster ships and the provision of service on new
routes and more frequent sailings by the conference operators.
In this competition foreign countries have some advantage
since—as the chart indicates—a large part of the foreign
fleets was build after the war, while much of the United
States fleet was constructed during the war, when the competitive ability of the ships was not the major consideration.
Since rate-cutting is precluded for conference members,
United States operators have been enabled to compete with
foreign operators despite their lower costs of operation.
Another support for United States liner companies resides
in the provisions of Public Law 664 which requires that 50
percent of all Government-financed cargoes be shipped on
privately owned United States-flag vessels. The available
data indicate that approximately one-fourth of United States
liner carryings of exports consists of such cargo.
As a result of the support provided by the conference
system as well as by subsidies and the provisions in the
foreign-aid legislation, United States liner companies (including United States-operated foreign-flag vessels) carried
about 39 percent of liner exports in 1954 and about 48
19
ForU. S.Per- eignPeropTotal erated
opcent
cent erated
vessels
vessels
U. S.PeropTotal erated
cent
vessels
Foreign- Peroperated cent
vessels
Exports 2
1938
1947
1953
1954
19553
23.5
82.1
42.6
45.9
73.8
5.5
46.1
11.2
11.8
14.7
23.4
56.1
26.3
25.7
20.0
18.0
36.0
31.4
34.1
59.1
76.6
43.9
73.7
74.3
80.0
21.5
12.9
10.7
8.2
7.8
3.0
4.5
3.8
2.5
2.0
14.0
34.9
28.1
30.5
25.6
18.5
7.4
6.9
5.7
5.8
86.0
65.1
71.9
69.5
74.4
Imports
1938
1947
1953
1954
19553
20.5
25.3
45.1
46.2
54.3
6.1
16.1
16.2
16.3
18.1
29.8
63.6
35.9
35.3
33.3
14.4
9.2
28.9
29.9
36.2
70.2
36.4
64.1
64.7
66.7
9.0
24.2
55.0
56.2
64.7
4.8
22.1
28.8
30.9
29.3
53.3
91.3
52.4
55.0
45.3
4.2
2.1
26.2
25.3
35.4
46.7
8.7
47.6
45.0
54.7
1. Data compiled by the Bureau of the Census by flag-of-vessel ad justed for United Stateschartered and United States-operated foreign-flag vessels and for foreign-chartered and
foreign-operated United States-flag vessels. Excludes small amount of exports and imports
originating in Great Lakes ports of Canada.
2. Includes outbound intransit shipments. Does not include United States military-controlled cargo and "special category" exports.
3. Estimate.
Source: U. S. Department of Commerce, Office of Business Economics.
The decline in the employment of United States vessels
from 1946 to 1949 depicted in the chart reflects the decline
in the United States tramp fleet. The reduction in demand
for coal and grain following the critical winter of 1946-47
sharply reduced the demand for bulk-cargo shipping space
and a decline in freight rates set in which persisted through
1950. Foreign fleets, augmented by almost 1,000 ships sold
abroad by the United States under the Ship Sales Act of
1946 and by new construction, reduced United States tramp
carriage of exports to about 20 percent of the total by 1950.
As a result, by that date almost 1,500 Government-owned
ships under charter to United States private operators had
been returned to the National Defense Reserve Fleet.
The sharp increase in the active fleet from 3.7 million
gross tons at the end of 1950 to 7.9 million gross tons at
the end of 1951 consisted almost wholly of a breakout of
ships from the Reserve fleet to meet military requirements
in Korea, greatly expanded shipments of coal and grain to
Europe and the Far East, and a mounting demand for ships
arising from heightened economic activity throughout the
^orld.
However, the demand for coal and grain slackened
?
early in 1952, easing the demand for ships and the return to
lay-up was begun.
SURVEY OF CURRENT BUSINESS
20
Table 3.—Estimated Freight Earnings of United States-Controlled
and Foreign-Controlled Vessels in the Carriage of United States
Exports and Imports, 1938, 1947, 1953, 1954
[Millions of dollars]
Ocean freight
1938
Freight on United
States exports l
Freight on United
States imports
U. S. Foreign
opera- opera- Total
tors 2
tors
U. S. Foreign
opera- opera- Total
tors 3
tors
U. S.
operators
Foreign
operators
Total freight
earnings
83
66
17
318
214
104
401
280
121
67
55
12
140
130
10
207
185
22
150
121
29
458
344
114
961
932
29
808
738
70
1,769
1,670
99
367
278
89
141
133
8
508
411
97
1, 328
1,210
118
949
871
78
Dry cargo
Tanker
350
332
18
484
444
40
834
776
58
364
241
123
423
311
112
787
552
235
714
573
141
907
755
152
Dry cargo
Tanker . ._ _
343
331
12
591
558
33
934
889
45
348
231
117
369
288
81
717
519
198
691
562
129
960
846
114
Dry cargo.
Tanker
1947
Dry cargo
Tanker
1953
1954
1. Does not include freight on military-controlled export cargo.
2. Credits in balance of payments.
3. Debits in balance of payments.
Source: U. S. Department of Commerce, Office of Business Economics.
With the decline of cargoes, freight rates fell to about the
1949 level and remained at this low level through most of
1954. Except for a few carrying military aid and some
economic aid, all vessels from the Reserve fleet were re-
March 1956
turned by that year. Also, even though total trade was
higher in 1954 than in 1953, privately owned vessels were
laid up since the low rates permitted United States-flag
tramp vessels to obtain only scattered cargoes financed by
Government aid programs under the 50-50 Preference Act.
In addition, substantial numbers of such vessels were transferred or sold for service under foreign flags in an effort to
reach a cost level competitive with foreign vessels. The
active fleet continued to decline during most of 1954 but the
increase in shipping activity in the fourth quarter brought
most of the privately owned vessels out of lay-up and the
year-end total in service was slightly higher than at the
previous year's end. Increased carriage of surplus commodities and other Government-financed exports was the
principal reason for the continued increase in the active
United States fleet in 1955.
EXPLANATORY NOTE: Freights earned by United States shipping concerns on goods
imported into the United States are ultimately paid by the United States importer and are
therefore considered as domestic transactions. Freights earned by foreign carriers on exports
are paid by the foreign importer and are therefore considered foreign transactions. United
States receipts from foreign countries- include, the freight on goods carried on United States
owned or chartered ships, both from the United States to foreign countries and between
foreign countries, fares paid by foreign travelers to United States international sea and air
carriers, expenditures by foreign carriers in United States ports, including payments for
bunker fuels, provisions and the unloading of ships, and charter hire received by United
States shipowners from the charter of their ships to foreign companies. There are also international receipts arising from railroad transportation, for instance freight on intransit movements of Canadian goods, freight earned by American railroads operating within Canada, and
freight car rental between the United States and Canada and Mexico. United States payments include the reverse transactions, such as payments to foreign transportation companies
for freight on imports to the United States and for passenger fares, expenditures by United
States vessels and planes abroad, charter fees to foreign owners of vessels and miscellaneous
payments for rail transportation.
Business Expectations for 1956—Investment Outlays and Sales
(Continued from p. 14)
Durable-goods sales were up 18 percent as against an anticipation of a 5-percent increase; the difference in nondurables
was smaller—an actual rise of 8 percent as against an expected rise of 4 percent.
In most of the major industries in which sales exceeded
anticipations, businessmen spent more for plant and equipment than planned. This happened in steel, machinery,
motor vehicles and other transportation, stone, paper,
petroleum and textiles. It was not true in chemicals and
nonferrous metals where investment fell below expectations
despite better than expected sales.
Investment also increased more than planned in trade
where sales rose 8 percent as compared with an anticipated
rise of 6 percent. Public utility revenues rose 11 percent
last year as against an 8-percent anticipation. It is not very
likely that investment is much affected by short-term fluctuations in revenues in this area.
Capital goods prices
In order to help in the interpretation of the statistics on
anticipated capital expenditures, the reporting companies
were asked for the first time this year a question about their
treatment of prices in making their projections for 1956. A
commonly held assumption, and one that has been considered
here before, is that many firms in estimating expenditures
for the coming year project the same level of construction
and equipment costs that prevails at the time the estimate
is made. In most cases this would be around the beginning
of the year.
Specifically, firms were asked with respect to their 1956
annual anticipation whether they took into account possible
changes in the average prices of construction and equipment;
and, if so, how these prices would compare with average
prices prevailing at the time the anticipation was made.
About three-fourths of the manufacturing firms that supplied expenditure data gave answers, whicl are summarized
in the following table:
AH manufacturing firms...
Considered price changes
Expect higher prices
Expect same prices
Did not consider price changes..
Percent of firms
100
64
30
34
36
Durable-goods firms
Considered price changes
Expect higher prices
Expect same prices
Did not consider price changes-.
100
65
32
33
35
Nondurable-goods firms.Considered price changes
Expect higher prices
Expect same prices
Did not consider price changes..
_
100
62
27
35
38
Source: U. S. Department of Commerce, Office of Business Economics and
Securities and Exchange Commission.
Broadly speaking, it appears that the respondent firms are
about equally divided among those expecting higher average
prices during 1956, those expecting no change in prices and
those not considering the possibility of price changes in
1956. Only a few firms thought that capital goods prices
might be lowered. The reader should remember that the
basis of comparison is not with the 1955 price level but
with the level prevailing at the time that the expenditure
anticipation was made.
The larger the size group of firms, the more frequent the
expectation of higher prices and the less frequent the expectation of an unchanged price level. This holds within
both the durable- and nondurable-goods groups. Within
each broad size class the proportion of durable-goods firms
expecting higher prices is greater than the corresponding
proportion of nondurable-goods firms.
BUSINESS STATISTICS
i HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SURVEY OF
CURRENT BUSINESS. That volume (price $2.00) contains monthly data for the years 1951 through 1954 and monthly averages for earlier years
back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1951. Series
added or revised since publication of the 1955 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. In most instances, 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,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
Data from private sources are provided
1956
1955
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil of dol
311.4
320.7
325.7
do
do
do _ do
do
do
213.1
200 8
166.5
9.1
25.3
12 2
219.5
207 0
171.7
9.3
25.9
12 5
224.3
211 3
175.6
9 1
26.6
13 0
228 0
214 7
178.8
90
26 9
13 2
do
do_
do
do
adjustof doLdo
do
do
do
do
48 8
26.6
11.5
10.7
48.7
27.1
11.0
10.7
48.8
27. 6
10 6
10.7
50
28
11
10
39.6
40.9
20 5
20.4
—1.3
9.9
42.2
43.0
21.6
—.8
10.3
41.9
44 5
22 3
22 2
—2.6
10.7
—3 1
11 2
Compensation of employees, total
Wages and salaries total
Private
Military
Government civilian
Supplements to wages and salaries
Proprietors' and rental income total c?
Business and professional cf
Farm
Rental income of persons
Corporate profits and inventory valuation
ment, total
bil.
Corporate profits before tax, total
Corporate profits tax liability
Corporate profits after tax
Inventory valuation adjustment
Net interest
21 A
1
0
4
7
do
375.3
384.8
392.0
397 3
do
do
do
do
245 8
34.4
122.4
89.0
250 5
35.1
125.3
90.2
255 7
36 9
127.0
91.8
257 2
34 8
128 8
93 6
Gross private domestic investment, total
do
New construction
. _ _ _ _ _ - do. _ _
Producers' durable equipment
_ _ do
Change in business inventories
do
54.1
31.2
21.5
15
60.1
32.6
23.2
4 3
60.5
33.2
24.9
2 4
63.2
32 3
25.5
53
Net foreign investment_ - __
do_ _
Government purchases of goods and services, total
bil. of dol
Federal (less Government sales)
do
National security 9
do
State and local
do- -
-.4
-.7
.0
—.3
75.8
46.4
41.2
29.4
74.9
45.2
40.4
29.7
75.8
45.5
40.6
30.2
77 2
46 3
41 0
31 0
do
_ do __
_ _ do _ _
293 6
32.6
261.0
300 5
33.4
267.1
306 1
34.4
271. 7
312 1
35 4
276 6
do
15.3
16.6
16 0
19 4
Gross national product, total
Personal consumption expenditures total
Durable goods
Nondurable goods
Services
Personal income total
Less: Personal tax and nontax payments
Equals: Disposable personal income
Personal saving §
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
_ __
_ bil. of dol
Wage and salary disbursements, total
do
Commodity-producing industries. _ _ __ do
Distributive industries
do
Service industries
do
Government
- - _-do
Other labor income
do
Proprietors' and rental income
do
Personal interest income and dividends
do __
Transfer payments
do
Less personal contributions for social insurance
bil. of dol- .
292.2
293.2
295.7
298.9
301.4
301.6
305.3
305.3
307.9
309 2
312 0
r
314 8
312 5
199.3
85.4
52.9
26.8
34.2
200.3
86.3
53.0
26 7
34.3
202.6
87.8
53.6
27 0
34.2
204.6
88.9
53.6
27.2
34.9
207.3
90.6
54.5
27.4
34.8
208 0
90.9
54.9
27 4
34.8
212.4
91.7
55.7
27.8
37.2
211.2
91.5
56. 1
27 9
35.7
212.4
92.2
56.4
28.0
35.8
213 3
92.8
56 4
28 2
35. 9
215 3
94 0
56 8
28 5
36 0
r 215 8
36 1
215 5
93 6
56 9
28 7
36 3
6.8
49.1
25.0
17.0
6 8
48.8
25.3
17.0
6.8
48.5
25.5
17.4
6.9
49.0
25.9
17.6
6.9
48.8
26.1
17.5
6 9
48.5
26.3
17.1
7.0
47.9
26.4
16.9
7.0
48.8
26.7
16.9
7. 1
49.7
27.1
16.9
71
49 8
27.4
16 9
71
50 2
27.6
17 1
7 2
49 9
29.9
17 4
7
49
28
17
5.0
5.0
5.1
5.1
5.2
5.2
5.3
5.3
5.3
5.3
287.2
280.9
283.7
276.5
277.7
291.7
290.8
286.6
294.4 |
Total nonagricultural income
do
293.0
r
Revised.
cf Includes inventory valuation adjustment.
9 Government sales are not deducted.
§ Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
5.3
296.6
94 1
r 56 Q
r 28 7
r
r
5.4
' 299. 9
2
8
0
7
5.7
297.9
S-l
February
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries
_
5,847
7,009
7,449
i ' 8, 398
Manufacturing
Durable-goods industries
Nondurable-goods industries
do
do
do
2,249
1,063
1,186
2,795
1,278
1,517
2,899
1,378
1,521
'3 499
' 1, 718
' 1, 781
Mining
do
Transportation other than rail
Public utilities
Commercial and other
do
do
do _
186
179
359
845
2,030
235
217
420
1,052
2,290
248
215
401
1,174
2,512
mil. of dol _
Seasonally adjusted quarterly totals at annual rates:
All industries
bil. of dol
r
288
'312
'421
' 1, 238
' 2, 640
25.65
27.19
29.65
Manufacturing
Durable-goods industries
Nondurable-goods industries
do
do
do
10.17
4.78
5.39
10.84
5.06
5.78
11.97
5.77
6.20
' 12. 48
6 00
6.48
Mining
Railroads
Transportation other than rail
Public utilities
do
do
do
do
.80
.74
1.46
4.01
8.46
.94
.80
1.62
4.09
8 90
.99
.96
1.60
4.43
9.70
1.08
1.17
1.70
4 48
' 10. 54
i ' 31. 45
FARM INCOME AND MARKETINGS %
Cash receipts from farming, including Government
payments total
mil. of dol
Farm marketings and CCC loans, total
Crops
do
do
_
Dairy products
-do
M^eat 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. __
r
' 2, 467 ' 3, 077 ' 3, 584 ' 3, 297
2,738
v 2, 389
'r 2, 489 ' 1, 872 ' 1, 875 ' 2, 001 ' 2, 003 '1,995 ' 2, 091 ' 2, 457 ' 3, 064 ' 3, 569 ' 3, 276
'1,118 ' 1, 691 ' 2, 031 ' 1, 865
'655
'617
'896
'698
'691
1, 178
'547
' 1,311 r 1,181 ' 1, 328 ' 1, 346 ' 1, 386 ' 1, 297 ' 1, 195 ' 1, 339 ' 1, 373 ' 1, 538 ' 1,411
'351
'383
'332
'340
'331
'389
'363
'361
'294
'318
'349
'842
'690
'615
'712
'679
'548
'679
'712
'631
-761
'677
'285
'355
'342
'264
'279
'264
'280
'316
'212
286
'237
2,709
1,444
1,265
350
563
337
P 2, 350
* 1, 109
P 1, 241
P335
P627
P258
' 2, 524 '1,903
' 1, 897 ' 2, 016
2, 020
'2,006
' 2, 101
'375
'416
'345
'282
'244
'311
'283
' 193
'350
'302
'232
'354
'302
'218
'365
'301
'247
341
'315
'317
'315
'371
'395
'352
'462
'598
'361
'538
'717
'405
'494
'659
372
409
510
333
P355
"392
P327
' 162
'160
' 164
'125
'98
'145
'127
'76
166
' 132
'82
'170
••137
' 75
' 183
' 138
'96
'170
'146
'133
156
'170
' 166
' 172
'202
'237
175
'237
'287
'200
'212
'234
196
183
187
180
P 166
P156
v 173
INDUSTRIAL PRODUCTION
Federal Peserve Index of Physical Volume
Unadjusted, combined index
_
1947-49= 100 _.
132
135
138
138
138
139
130
139
142
147
'145
' 142
143
P144
do
- do
do
do
do
133
147
129
130
159
136
151
136
138
167
140
154
142
146
169
140
155
144
148
166
140
155
143
151
166
141
155
144
147
167
132
146
122
133
127
140
153
132
141
150
144
157
143
150
173
'150
164
149
154
171
148
163
149
156
173
143
144
160
153
159
P 146
P 162
P154
P 172
P134
t> 168
v 152
P 198
Manufactures
Durable manufactures
Primary metals 9
Steel
Primary nonferrous metals
r!61
'148
154
176
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery
Electrical machinery
do
do
do
do
do
159
124
148
126
191
162
126
152
129
196
165
130'
154
132
195
166
131
152
134
189
165
134
151
135
181
163
135
153
137
184
157
130
142
131
165
162
139
153
131
194
165
142
161
137
207
173
145
169
141
223
174
139
164
141
208
'173
' 137
_
'197
172
133
167
150
200
Transportation equipment 9
Autos
Trucks
Aircraft and parts
Instruments and related products
Furniture and fixtures
Lumber and products
Stone clay and glass products
M iscellaneous manufactures
do
do
do
do
do
do
-- do
do
do
200
195
98
479
140
109
117
132
129
205
210
87
477
142
113
125
134
134
209
215
104
479
145
114
126
140
137
213
223
137
472
144
111
129
146
135
209
205
132
469
142
113
129
149
137
200
184
134
466
149
116
137
155
141
197
195
126
469
147
113
118
149
133
192
166
106
469
150
123
133
158
142
185
130
102
484
155
127
136
158
149
200
153
106
490
158
128
138
161
154
'216
212
122
'500
'159
128
' 124
' 157
152
'214
193
122
'516
'161
128
"113
' 153
149
206
173
113
515
160
123
116
150
142
P206
Nondurable manufactures
Food and beverage manufactures
Food manufactures 9
M^eat products
Bakery products
Beverages
do
do
-- do
do
do
do
125
100
100
128
95
101
100
105
109
118
74
124
101
100
118
94
107
106
99
109
118
79
124
104
102
114
97
113
107
109
108
116
83
127
112
108
114
100
127
117
116
106
110
85
117
111
109
104
100
121
106
92
91
96
73
128
117
118
118
98
114
104
112
108
115
79
130
122
125
129
99
111
102
107
106
111
80
'125
105
' 109
152
99
91
88
88
105
110
'80
P 130
112
117
85
132
'114
118
150
99
102
105
107
'111
118
83
128
102
106
153
95
do
do
__do
do
122
97
99
124
95
89
86
104
108
116
72
135
124
125
143
100
118
117
Tobacco manufactures
Textile-mill products 9
Cotton and synthetic fabrics
Wool textiles
120
98
102
138
94
84
80
105
104
114
70
113
105
140
140
119
158
169
132
142
145
116
112
148
147
122
162
177
134
144
144
123
113
152
150
128
166
184
133
139
146
117
105
154
148
127
165
182
132
136
147
113
100
153
151
127
165
182
131
135
146
110
105
156
154
127
165
185
136
140
151
95
92
139
135
121
158
176
134
141
121
116
108
155
151
123
163
182
138
143
133
111
107
157
150
131
171
190
136
141
144
117
109
167
158
135
176
192
138
143
155
'117
'99
'159
156
135
178
197
140
148
150
107
' 102
147
144
' 130
177
197
'141
152
140
117
110
157
Leather and products
Paper and allied products
Printing and publishing
Industrial chemicals
Petroleum and coal products
do
do_ -do _ do
-- do
ni4
r 164
r 147
P162
P 124
P121
P 151
P144
111
119
82
125
178
199
143
154
151
v 127
P 142
Rubber products
do
Revised.
P Preliminary.
* Estimates for the 1st and 2d quarters ()f 1956, ba 3ed on ant icipated c apital exp enditures of busines s, appear 311 p. 14 Of this issue of the SL RVEY.
9 Includes data not shown separately.
JAnnual estimates beginning 1910 and monthly dat a beginnir g Januar:7 1953 for (3ash receii)ts, also rrlonthly df it a beginn ing Janua ry 1953 fo ' indexes 3f cash rec eipts and volume of marketings, have been revised to take into account the latest iJiformatio n on prod uction, di sposition, and price . Unpublished re\ isions (pr lor to Aug list 1954) will be sh own later
r
SURVEY OF CURRENT BUSINESS
March 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-3
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume— Con.
Unadjusted index— Continued
Minerals
Coal
Crude oil and natural gas
Metal mining
__
Stone and earth minerals
__
119
79
144
85
113
118
71
145
86
122
119
72
143
101
128
122
77
139
131
133
121
74
139
141
134
119
77
139
104
135
124
82
141
126
139
126
83
142
141
141
127
88
143
136
139
r
!27
r
147
do
132
133
135
136
138
139
139
140
142
143
r
143
do
do
do
133
145
127
134
147
131
136
148
136
138
151
138
140
153
140
141
155
143
141
155
134
142
158
139
144
160
146
145
r
!61
148
145
161
149
do
do__
do
___ .do
do
157
125
145
124
187
158
126
146
125
189
160
129
147
126
190
162
130
151
131
191
163
134
153
134
189
164
135
155
136
192
166
135
158
138
197
168
137
159
140
196
170
141
161
141
199
173
142
164
143
205
172
139
161
143
198
' 172
r
199
do
do
do
_do _
do
do
197
140
109
129
199
142
109
127
200
143
112
127
149
142
202
151
122
125
203
153
124
127
205
155
125
127
153
145
208
156
124
130
212
146
136
198
149
121
133
r
138
133
202
142
117
128
213
143
136
202
143
113
127
152
143
155
145
155
145
153
145
Adjusted combined index
Manufactures
Durable manufactures
Primary metals
-
_
Metal fabricating (incl. ordnance)
Fabricated metal products Machinery
Nonelectrical machinery
Electrical machinery
_
Transportation equipment
_
Instruments and related products
Furniture and
fixtures
Lumber and products
Stone, clay, and glass products
Miscellaneous manufactures
Nondurable manufactures _
Food and beverage manufactures
Tobacco manufactures
Textile-mill products
Apparel and allied products
Leather and products
-
_
___ _
do
do
_ _ _ do
do
-do
do
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber products
-- -Minerals
Coal
Crude oil and natural gas
Metal mining
Stone and earth minerals
__
_.
-.
do do
do
do
do -
-
r
117
77
142
79
115
1947-49=100
do
do
do
do
do
do
do
do
do
- -
136
132
121
107
107
102
110
105
' 105
124
107
107
104
111
105
126
109
103
107
112
105
143
147
151
121
106
106
103
106
i r 142
123
155
131
143
123
158
134
138
120
74
123
79
142
110
144
114
126
124
125
161
134
140
121
72
145
113
132
125
163
136
144
119
72
143
100
129
127
108
109
106
114
105
128
109
109
107
114
107
156
126
168
134
147
121
81
139
111
129
126
108
101
106
112
106
125
108
100
107
112
10?
156
155
128
170
136
149
128
170
134
137
153
122
86
139
117
129
120
87
139
88
128
108
100
107
116
104
157
128
168
135
138
130
173
135
142
121
82
123
80
141
119
141
105
130
130
133
r
T
129
111
'105
135
r
r
' 158
r
' 117
' 101
157
' 156
131
171
137
147
123
80
143
120
131
129
112
104
110
105
109
116
105
123
124
'156
145
r
' r151
83
129
127
90
151
83
126
144
143
v 143
146
145
160
150
P 144
P 159
P 149
170
135
164
147
196
v
v
P
p
p
205
160
123
127
p 202
p 162
p 120
p 124
P156
p 143
127
91
87
r
r 161
' 150
r 138
r 163
' 144
T
159
123
' 126
155
146
154
145
130
129
111
'113
107
r 109
108
113
109
116
103
160
p 127
p 88
v 152
169
134
163
148
191
p 129
_.
159
130
173
139
147
'128
175
' 141
146
129
175
142
149
P142
125
80
T 129
130
86
151
p 131
p 88
^152
87
'147
r
116
'134
'151
115
P 128
134
CONSUMER DURABLES OUTPUT
Unadjusted total output
-
Adjusted, total output
Major consumer durables
Autos
Major household goods
Furniture and floor coverings
Appliances and heaters _ _
Radio and television sets
Other consumer durables - -_
142
151
155
156
147
144
137
139
136
146
159
r 148
143
P 144
-do do
-- do
do
do__
._ do . _ _
do
163
195
137
108
124
260
95
174
210
146
111
138
272
97
179
215
151
114
151
260
99
180
223
145
111
150
228
99
167
205
136
109
145
189
102
160
184
141
113
152
192
106
152
195
115
105
116
143
103
152
166
141
117
127
254
110
145
130
159
124
151
289
115
157
153
162
127
145
315
120
r 177
r 164
212
150
124
158
r 141
279
117
125
129
224
111
P 157
P 164
p 154
239
111
p 112
__ do
139
' 140
142
144
145
144
150
r
154
152
151
r 148
142
p 137
159
161
192
136
109
133
222
100
163
192
140
110
140
226
100
163
190
141
113
142
222
103
160
173
151
117
145
269
106
169
188
155
117
146
290
106
r 169
r Igg
168
194
148
121
137
259
114
167
196
143
121
134
235
114
1 Xid
p 1 4.7
p i co
155
121
143
294
107
172
195
156
123
147
279
111
r 163
134
107
130
226
99
1947-49=100
Major consumer durables
Autos
Major household goods
Furniture and floor coverings.Appliances and heaters.. Radio and television sets
.,
Other consumer durables
do
do
do
_
do
.-do _
__ __
do
.-do
--
' 156
'186
133
107
126
225
98
r
189
151
r
r
131
193
147
121
187
r 143
12]
141
216
1 9fl
9H7
r 114
114
P 114
BUSINESS SALES AND INVENTORIES §
48.7
48.9
50.7
50.9
51.7
52.3
51.9
52.8
53.1
52.5
53.2
53 2
53 0
do
do
do
24.3
11.8
12.4
24 6
12.0
12 6
26 0
12.9
13 1
26 0
12.8
13 2
26 6
13.3
13 3
27 1
13.5
13 6
26 7
13.5
13 2
27 °
13.7
13 5
27 2
13.7
13 5
26 6
13.3
13 4
27 3
13.7
13 6
27 3
13 7
13 6
27 1
13.6
13 5
_do do
do
9.5
3.1
6.4
9 5
31
6 4
3 2
6 5
9.7
9 6
3 2
6 4
9 7
33
6 4
9 7
33
6 5
9 6
3 3
6 3
9 9
3 4
6 4
10 0
3 4
6 6
10 1
3 4
6 7
10 1
3 4
6 6
10 1
3 4
6 7
10 3
35
6 7
14 9
14 8
5 2
9 6
15 1
5 5
9 6
15 3
5 5
9 7
15 4
5 5
9 9
15 4
5 6
9§
15 5
5 7
9 8
15 7
5 8
9 9
15 8
58
10 0
15 8
58
10 0
15 8
5 7
10 1
158
157
9. 7
mi
5 7
5 5
10 2
76.9
77 3
77 5
77 7
78 3
78 8
79 2
79 6
80 0
80 9
81 6
82 1
82 6
43.2
24 0
19.2
43 3
24 0
19 2
43 3
24 1
19 2
43 3
24 2
19 1
43 5
24 3
19 2
43 8
24 5
19 3
43 9
24 6
19 4
44 3
24 8
19 5
44 7
25 2
19 5
45 4
25 7
19 7
45 7
26 1
19 6
45 9
26 3
19 6
46 2
26 5
19 7
11.5
11.7
11.6
11.7
5 7
11.8
58
11.8
5 9
5 9
11.9
6 0
5 9
11.9
6 0
5 9
12.0
61
5 9
12.2
6 2
6 0
12.3
6 3
6 0
12.3
6 4
5 9
12.3
6 4
5 9
23 3
10 8
12! 5
23 2
10 7
12! 5
23 3
10 7
12! 6
93 6
11 0
12.6
23 9
11 2
12!?
24 1
U A
12.7
Manufacturing and trade sales (adj.), total—bil. of dol._
Manufacturing, total
Durable-goods industries
Nondurable-goods industries
_
Wholesale trade, total
_ ___ - _
Durable-goods establishments
_ __
Nondurable-goods establishments
Retail trade, total
Durable-goods stores. _
Nondurable-goods stores
do
__do
do
Manufacturing and trade inventories, book value, end
of month (adjusted), total
bil. of dol
Manufacturing, total . _ _ __
Durable-goods industries
__
Nondurable-goods industries,
Wholesale trade, total
Durable-goods establishments- _.
Nondurable-goods establishments.
do __
do
_do
do
do
_. do
5.1
5.7
5.8
5.7
5.9
5.7
5.9
5.9
6.0
Retail trade, total
do
22.2
22 4
22 6
23 4
22 8
23 0
23 2
Durable-goods stores
do
10.2
10 3
10 5
10 5
10 8
10 8
10 8
Nondurable-goods stores
do.
12.1
12.1 1
12.0
12.' 5
12! 3
12! 2
12! 4 •
'Revised.
p Preliminary.
i Revision for December 1954, 140.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data
data for manufacturing are shown on p. S-4; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
for all types of producers, both farm and nonfarm.
Unadjusted
SURVEY OF CUEEENT BUSINESS
$-4
Unless other wine stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales value (unadjusted) , total
mil.
Durable-goods industries, total
Primary metal
Fabricated metal
Machinery (including electrical)
Transportation equipment (including
vehicles)
mil
Lumber and furniture
Stone clay and glass
Other durable-goods industries
Nondurable-goods industries, total
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
Other nondurable-goods industries
Sales value (adjusted) total
Durable-goods industries total
Primary metal
Fabricated metal
^Machinery (including electrical)
Transportation equipment (including
vehicles)
mil
Lumber and furniture
Stone clay and glass
Other durable-goods industries
Nondurable-goods industries total
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
-Other nondurable-goods industries
of dol
-do
do
do_.
do
motor
of dol
do
do__
do
23, 699
11,400
1,873
1,078
2,920
23, 971
11, 796
1,898
1,090
3,134
27,550
13, 899
2 225
1,291
3 628
26 296
13, 300
2 178
1,278
3 326
26, 325
13,390
2 241
1,259
3 382
27 394
13, 974
2 349
1,397
3 682
24 644
12, 114
1,875
1,294
3 036
27, 411
13, 494
2 223
1,585
3 332
27 596
13, 502
2 353
1 536
3 535
27 830
13, 656
2 369
1, 548
3 577
3,166
944
498
921
3,239
1, 009
505
921
3, 852
1,176
651
1,076
3 805
1,100
643
970
3 732
1, 136
672
968
3 529
1,244
716
1,057
3 342
1,034
631
902
3 142
1,344
744
1 124
2 956
1. 285
730
1 107
3 087
1 188
738
1 149
3,633
1,133
668
1,045
do
do
do
-do do
do
do
do
do
12, 299
3,908
277
1,047
756
1,776
2,339
437
1, 759
12, 175
3 799
268
1,004
731
1, 737
2,238
418
1,980
13. 651
4 117
309
1, 151
847
2,025
2, 388
475
2 339
12, 996
4 045
300
1.072
803
2,006
2,238
459
2 073
12, 935
4 176
343
1,043
824
1,979
2,229
460
1,881
13, 420
4 377
343
1,148
844
1,955
2 338
488
1 927
12, 530
4 148
316
952
776
1,753
2 276
453
1 896
13 917
4 392
360
1,187
883
1,984
2 382
470
2 259
14 094
4 419
338
1,244
879
2,058
2 346
451
2 359
14 174
4 352
320
1,246
921
2 040
2 362
483
2 450
13, 569
4 084
334
1.221
886
1,919
2 454
443
2 228
do
do
do
do
do
motor
of dol
do
do
do
24, 287
11, 850
1,829
1,123
3,075
24, 649
12 029
1,950
1,147
3 130
25, 976
12, 860
2,087
1,253
3,318
26, 025
12 805
2, 133
1,278
3, 193
26, 651
13 322
2,213
1,325
3, 410
27, 111
13 527
2 315
1, 383
3 547
26 731
13 503
2 138
1,407
3 475
27 229
13 745
2 285
1 510
3 484
27 224
13 692
2 394
1,436
3 474
26 637
13 261
2 324
1 382
3 472
27 343 ' 27, 300 27, 121
13 721 ' 13 688 13, 634
2 393 ' 2, 341 2,369
1,395 ' 1, 375 1,423
3 553 ' 3. 648 3,738
3,221
1,026
586
990
3,197
1,051
574
980
3,486
1,069
632
1,015
3,546
1,048
637
970
3,609
1, 125
652
988
3,329
1,208
688
1,057
3,615
1.198
657
1,013
3 413
1 280
682
1 091
3 438
1 236
670
1,044
3 252
1 131
665
1 035
3 576
1,144
655
1,005
12, 437
3,993
298
1,068
741
1,740
2, 293
424
1,880
12, 620
4,029
298
1,035
754
1,787
2,307
440
1,970
13, 116
4,113
303
1,096
807
1,902
2,341
466
2,088
13, 220
4, 246
326
1,117
787
1,912
2,284
445
2,103
13, 329
4,189
336
1,172
841
1, 961
2,346
465
2,019
13 584
4, 329
318
1,148
844
1,985
2,386
465
2, 109
13 228
4 223
316
1,133
834
1,844
2,299
471
2,108
13 484
4' 291
330
1,109
874
2 001
2 382
456
2 041
13 532
4 249
319
1,131
870
2 010
2,346
456
2 151
13, 376
4,104
327
1,112
877
1,939
2,339
447
2,231
13 622
4 047
327
1,197
886
2 014
2,479
482
2 190
43, 503
24, 053
3.280
2,417
7,822
43, 477
24, 121
3,229
2,420
7,844
43, 483
24, 268
3, 166
2,486
7,898
43, 344
24, 352
3,126
2,546
7,955
43, 649
24, 539
3, 134
2,601
8,029
43, 976
24, 755
3,116
2,716
8,078
43, 855
24 574
3,201
2, 656
8,009
43, 945
24, 618
3,281
2, 594
7,983
44, 266
24 901
3 379
2,674
7,996
44, 959
25, 377
3,512
2,617
8,093
46, 586
45 317 ' 46, 085
25 670 ' 26 235 26, 626
3,597
3,603
3 600
2,709
2,658
2,649
8,718
8,412
8 232
5,831
1,719
882
2,102
5,863
1,742
907
2,116
5,940
1, 731
914
2,133
5,922
1,736
915
2,152
5,925
1,752
915
2,183
5, 998
1,747
906
2,194
5,865
1,773
906
2, 164
5,953
1, 759
896
2,152
6,066
1.777
887
2 122
6,346
1,806
900
2,103
6 388
1,806
901
2 094
6.4
9.8
7.9
6.3
9.8
8.0
6.2
10.0
8.1
6.2
10.0
8.2
6.3
10.0
8.3
6.5
10.1
8.2
6.6
10.0
7.9
6.8
10.0
7.8
7 0
10.2
7.7
7.1
10.5
7.8
7 1
10 6
8.0
19,450
4 697
1,963
2 330
1,028
3,049
?, 581
806
2 996
19,356
4,543
1 , 9'U
2 380
1,055
3,045
2,590
800
3, 003
19,215
4, 391
1,901
2,396
1,057
3,022
2, 587
821
3,040
18,992
4,228
1,857
2,404
1,044
2,967
2,605
824
3,063
19,110
4,145
1,805
2,444
1,038
2,993
2,670
842
3,173
19, 221
4,108
1,764
2,450
1,034
3, 053
2,686
875
3, 251
19, 281
4,221
1,722
2 422
1, 052
3,051
2, 753
827
3,233
19, 327
4,348
1,719
2,410
1,046
3,047
2,783
811
3,163
19, 365
4 475
1,728
2 373
1,016
3,063
2,815
830
3,065
19, 582
4 656
1,777
2 349
1,028
3,101
2 880
848
2 943
19 647
4 661
1 797
2 377
1J031
3 142
2 823
888
2 928
7.9
2.8
8.7
7.9
2.9
8.6
7.8
2.9
8.5
7.7
2.9
8.4
7.6
2.9
8.5
7.6
2.9
8.7
7.6
2.9
8.7
7.6
3.0
8.7
7.7
3.0
8.6
7.9
3.0
8.7
8 2
29
8 5
do
do
do
do -do
do
do _
do
do
Inventories, end of month:
Book value (unadjusted), total
do
Durable-goods industries total
do
Primary metal
do
Fabricated metal
-- do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil of dol
Lumber and furniture
do __
Stone clay and glass
do
Other durable-goods industries
do
By stages of fabrication:
Purchased materials
bil of dol
Goods in process
do
Finished goods
__do_ __
Nondurable-goods industries total
mil. of dol
Tobacco
do
Textile
do
Paper
do
Chemical
do
Petroleum and coal
do
Rubber
- do
Other nondurable-goods industries
do
By stages of fabrication:
Purchased materials
bil of dol
Goods in process
do -_
Finished goods
do
Inventories, end of month:
Book vnlue (adjusted), total
mil. of dol__
Durible-goods industries, total
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil. ofdoL.
I umber ftnd furniture
do
Stone clay and glass
do
Other durable-goods industries
do
By stages of fabrication:
Purchased materials
bil of dol
Goods in process
do
Finished goods
do
Nondurable-goods industries total
mil of dol
Food and beverage
do
Tobacco
do
Textile
do
Paper
do
Chemical
do _
Petroleum End coal
do
Rubber
do
Other nondurable-^oods industries
do
By stages of fabrication:
Purchased materials
bil of dol
Goods in Drocess
do
Finished eoods
'Revised.
do
27, 292 ' 26, 977 26, 464
13, 152
13, 723 '13,716
' 2, 433 2,429
2,390
1,381
' 1, 306 1,366
3 473 ' 3, 777 3,549
' 3, 529
' 1, 045
-•613
'1,013
3,175
1,028
547
1,058
' 13, 261 13, 312
4,002
' 4 016
305
'327
1,063
'1,115
'838
897
' 1, 801 1,959
' 2, 695 2,557
457
' 2, 012 2,043
' 3, 460
' 1, 124
' 674
' 1, 066
3,205
1,117
644
1,138
' 13 612 13, 487
' 4, 095 4,103
328
'337
1,085
' 1, 126
879
'873
' 1, 959 1,918
' 2, 495 2,483
476
' 2, 251 2,215
6,624
1,855
' 956
' 2 127
' 7.1
'10.8
' 8. 3
6,586
1,872
992
2,152
7.1
11.0
8.5
' 19, 850 19, 960
' 4 584 4,499
' 1,867
1,936
2,450
' 2 422
' 1, 063 1,090
3,336
'3,280
' 2, 758 2,686
905
3,049
' 2 971
'8.4
2.9
'8.6
8.3
3.1
8.6
43, 196
23, 984
3,239
2,417
7 804
43, 256
24, 028
3, 2G2
2, 420
7, 79-1
43, 332
24, 112
3, 288
2, 461
7,788
43, 264
24, 159
3,266
2,496
7,816
43, 549
24. 304
3,236
2, 501
7,919
43, 779
24, 457
3,188
2, 587
7,905
43, 938
24, 563
3,197
2,604
8,010
44, 315
24, 768
3,259
2,620
8,069
44, 703
25, 182
3,305
2,757
8, 110
45, 356
25, 659
3,426
2,726
8,240
45, 669
26, 050
3,491
2,759
8,397
5,838
1,719
865
2,102
5, 801
1, 724
872
2,095
5,883
1,714
887
2,091
5,864
1,719
888
2,110
5,876
1, 735
897
2,140
5,961
1,747
897
2,172
5,905
1,755
906
, 2, 186
5,990
1,742
914
2,174
6,136
1,795
914
2,165
6, 331
1,843
947
2,146
6,475
1,843
948
2,137
' 6, 603
' 1, 837
'956
' 2, 193
6,575
1,872
973
2,152
6.4
9.7
7.9
6.3
9.8
7.9
6.3
9.9
7.9
6.5
9.9
7.8
6.5
10.0
7.9
6.6
10.0
7.9
6.6
10.1
7.8
6.7
10.1
8.0
6.9
10.2
8.0
7.0
10.5
8.2
6.9
10.8
8.3
7.0
' 10.9
'8.4
7.1
10.9
8.5
19 212
4,558
1, 852
2,354
1,028
3,020
2,634
790
2,976
19, 228
4,499
1,842
2, 380
1 034
3,019
2,670
782
3,002
19, 220
4,442
1,846
2. 396
1,036
2,982
2,667
805
3,046
19, 105
4.400
1,839
2,380
1,034
2.943
2, 658
784
3,067
19, 245
4, 391
1,842
2, 396
1,038
2,995
2,670
810
3,103
19, 322
4,344
1,857
2,426
1, 034
3,024
2, 713
850
3, 074
19, 375
4,358
1,832
2,398
1,063
3,039
2, 753
853
3,079
19, 547
4,374
1,829
2,434
1,078
3,112
2,755
863
3,102
19, 521
4.392
1,763
2,397
1,026
3,188
2,787
874
3,094
19, 697
4,497
1,759
2,397
1,049
3,190
2,824
902
3,079
19,619
4,450
1,779
2,426
1,041
3,157
2,768
935
3,063
7.8
2.8
8.6
7.7
2.8
8.7
7.7
2.8
8.7
7.7
2.8
8.6
7.8
2.9
8.5
7.8
2.9
8.6
7.8
2.9
8.6
7.9
3.0
8.6
7.9
3.0
8.6
8.0
3.0
8.7
8.1
3.1
8.4
' 45, 885 46, 217
' 26, 317 26, 519
' 3, 494
3,540
' 2, 740 2,709
' 8, 494 8,698
' 19, 568 19, 698
' 4, 382 4,369
' 1, 795 1,826
' 2, 471 2,475
1,079
' 1, 052
' 3, 199
3,283
' 2, 731 2,741
896
r
3,029
3, 042
8.2
'2.9
'8.5
8.2
3.0
8.5
February
SURVEY OF CUREENT BUSINESS
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-5
1956
1955
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Now orders, net (unadjusted), total
mil. of dol__
Durable-goods industries, total
...
do_- _
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
„
do
Transportation equipment (including motor vehicles)
iril. ofdol
Other durable-goods industries
do
24, 324
11, 940
2,222
1 135
2,983
24, 268
12, 023
2,397
1 064
3, 191
28, 310
14, 596
2,896
1 463
3, 656
26, 043
13, 132
2, 504
1,218
3, 345
26, 708
13, 713
2, 513
1,298
3,321
28, 314
14, 571
2,328
1, 640
3,929
26, 100
13, 347
2, 316
1, 445
3, 639
28, 443
14, 580
2, 559
1, 686
3,698
28, 744
14, 766
2, 406
1 617
4,029
28, 213
14, 061
2,302
1, 540
3,882
3,015
2,585
2, 871
2 500
3, 658
2 923
3,337
2,728
3, 768
2,813
3, 548
3,126
3. 234
2,713
3,191
3 446
3,733
2 981
3,434
2 903
Nondurable-goods industries, total. _ _ _ _. do_ ..
Industries with unfilled orders 9
do
Industries without unfilled orders 1_
do
12,384
2,893
9,491
12, 245
2, 870
9, 375
13, 714
3,253
10, 461
12, 911
2,888
10, 023
12, 995
2,957
10, 038
13, 743
3, 403
10, 340
12, 753
3,010
9,743
13, 863
3,159
10, 704
13, 978
3,195
10, 783
New orders, net (adjusted), total
do _ _ _
Durable-goods industries, total
do
Primary metaL __ _ _ - _ _
_ _ - do ._
Fabricated metal
do . _
Machinery (including electrical)
_. _ do -_
Transportation equipment (including motor vehicles)
_ _.- _
-_
mil. of dol .
Other durable-goods industries
do
24, 641
12, 142
2, 136
1,135
2,936
24, 845
12, 170
2, 446
1,120
3, 233
26, 482
13, 353
2, 586
1,306
3, 404
26, 116
12, 879
2, 385
1,194
3, 179
27, 720
14, 331
2, 538
1, 366
3, 531
27, 795
14, 033
2,477
1, 562
3, 734
27, 044
13. 571
2, 339
1, 445
3, 656
28, 718
15, 145
2,611
1, 606
3.833
3, 350
2, 585
2, 871
2,500
3, 325
2, 732
3, 337
2. 784
3, 966
2,930
3, 225
3, 035
3. 334
2,797
3, 844
3 251
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders t
do
do
do
Unfilled orders, end of month (unadj.), total
do
Durable-goods industries, total. ... . _ _ _ . _ do
Primary metal
do
Fabricated metal
do _.
Machinery (including electrical)
do
Transportation equipment (including motor vehicles)
mil. ofdol
Other industries, including ordnance
do.. .
27, 726 'r 28, 694
14, 026 r15, 478
2, 613 r 2, 629
1 412
1 430
3 682 "4,268
r
T
27,533
14, 339
2,543
1 398
3,889
4, 634
2 517
3,702
2 807
14,152
3 309
10, 843
13, 700 'T 13,216
2, 965
3 296
10 404 r 10, 251
13, 194
2, 930
10, 264
28, 301
14, 936
2, 532
1,525
4,165
27, 466
14 094
2, 373
1 540
3,929
28 315
14 680
2 751
1 569
4 006
3, 733
2,981
3, 434
2 818
3 653
2 701
3 726
2 593
12, 499
2,922
9,577
12, 675
2, 899
9,776
13, 129
3 040
10, 089
13, 237
3, 008
10, 229
13, 389
3, 146
10, 243
13, 762
3, 336
10, 426
13, 473
3 382
10, 091
13, 573
3 191
10, 382
13, 365
2 958
10, 407
13, 372
3 036
10 336
13, 635
3 139
10, 496
47, 174
44, 350
4, 109
3,241
13, 446
19, 354
47, 471
44, 577
4, 608
3,215
13, 503
18,986
48, 231
45, 274
5,279
3, 387
13, 531
18, 792
47, 978
45, 106
5, 605
3,327
13, 550
18, 324
48, 361
45. 429
5, 877
3, 366
13, 489
18, 360
49, 321
46, 066
5,856
3,609
13, 736
18, 419
50 777
47, 299
6 297
3 760
14 339
18, 311
51 809
48 385
6 633
3 861
14 705
18, 360
52 957
49 649
6 686
3 942
15 199
19, 137
53
50
6
3
15
19
340
054
619
934
504
484
53 774
50 357
6 842
3' 965
15 713
19' 577
r
T
29, 306
15,605
2, 528
1, 589
' 4. 118
28, 131
14,710
2,445
1,472
3,827
'r 4, 634
2 736
4,159
2,807
T
r
r
13, 701
3 188
10, 513
T 55 401
r
52 119
rr 7 038
4 089
T 15 204
r
20! 682
T
r
13, 421
3 052
10, 369
56 560
53 306
7 152
4 121
16 544
21,209
4,200
4, 265
4,285
4, 300
4, 337
4,446
4,592
4,826
4,685
4,513
4,260
r
4, 106
4,280
do
2,824
2 894
2,957
2, 872
2, 932
3 255
3 478
3 424
3 308
3 ^86
3 417
r 3 372
3 254
number- .
13, 181
11, 369
13, 417
11,756
12, 029
12, 605
10, 893
10 983
11,024
10 698
10 157 r 11 539
13 363
..nuinber.
939
877
1,038
903
955
914
861
888
822
919
945
908
1 048
do
.
do _
do
do
._ -do
87
87
195
456
114
60
113
188
412
104
66
108
225
520
119
66
106
154
484
93
80
121
168
499
87
75
114
200
446
79
68
102
179
423
89
59
134
158
430
107
75
114
168
366
99
81
136
180
437
85
70
133
196
462
84
73
136
191
404
104
72
126
209
535
106
thous. of dol. . 37, 872
42, 056
41, 209
35, 968
34, 714
36, 667
32, 543
36, 028
33, 120
34, 777
42, 783
41,643
42, 890
3,154
9,044
11,636
9,647
4, 391
2,244
7,624
18, 922
8,928
4, 338
2,916
4, 468
16, 921
11,972
4,932
2,229
6,450
12, 653
10, 765
3,871
1,998
4, 885
14, 093
10, 874
2,864
5,259
4,702
13, 888
9,564
3 254
1,502
6,289
11 865
8,605
4 282
1 987
9 663
10 102
10' 024
4 252
2
4
10
8
7
666
256
798
253
147
3 655
8 713
10 407
9 586
2 416
1 239
9 744
14 106
12 626
5 068
1 106
7 341
11 554
10 775
10 867
o 974
6 163
14 442
14' 936
4 375
Nondurable-goods industries, total $
BUSINESS INCORPORATIONS d"
New incorporations (48 States)
INDUSTRIAL AND COMMERCIAL FAILURES c?
Failures, total
Commercial service
Construction
Manufacturing and mining..
Retail trade
Wholesale trade
Liabilities (current), total..
Commercial service
Construction
.
Manufacturing and mining
Retail trade
Wholesale trade
._
do
do_ __
do
_.do
do
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
243
244
243
247
244
243
237
233
235
230
225
223
226
247
257
275
204
241
244
258
268
203
240
243
262
269
198
239
252
270
270
197
236
255
308
266
200
240
244
230
266
196
232
238
223
271
190
222
228
224
223
278
167
920
224
231
274
164
220
227
231
264
170
221
231
277
178
214
229
230
285
174
217
244
950
171
220
226
931
244
262
173
220
do
do
do
do
216
274
192
425
203
270
198
436
204
264
200
437
216
261
297
437
209
259
305
436
239
256
213
435
235
257
170
435
213
246
141
437
210
225
129
427
188
227
130
443
193
228
143
438
207
232
144
455
225
236
161
452
212
939
175
45'^
do
do
do
do
do
240
258
263
163
284
245
255
264
190
285
243
248
260
199
281
242
241
269
185
274
234
236
260
175
263
242
235
276
176
251
237
242
261
178
247
937
249
251
191
240
240
257
250
202
926
236
264
240
195
222
225
267
216
195
219
219
265
201
204
221
920
256
°15
188
926
264
273
253
264
271
*>65
274
254
263
274
251
263
274
250
262
274
248
260
273
247
259
272
246
261
274
246
259
273
244
259
273
243
259
r 255
265
273
256
246
959
^72
9dp;
283
283
284
284
282
282
281
279
279
280
279
278
281
280
Parity ratio 0
do
84
86
84
84
86
87
87
86
86
•• Revised.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
t For these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
d" Data are from Dun and Bradstreet, Inc.
§ Includes sweetpotatoes and dry edible beans.
® Ratio of prices received to prices paid (including interest, taxes, and wage rates).
82
81
80
»n
R1
Prices received, all farm products
1910-14—100
Crops.
_
Commercial vegetables, fresh market
Cotton
Feed grains and hay
Food grains
.
Fruit
Oil-bearing crops.
Potatoes §
_
Tobacco
_.
Livestock and products
Dairy products
Meat animals
Poultry a n d eggs
___.
Wool
_
do
do _
do
do
do
Prices paid:
All commodities and services. ._ _
do
Family livisg items
do
Production items
do
All commodities and services, interest, taxes, and
wage rates
1910-14=100..
374754°—56
4
211
99ft
9fiO
207
205
222
979
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
1956
July
DecemOctober NovemAugust September
ber
ber
January
February
COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index-)
_
1935-39—100
Consumer price index (U. S. Department of Labor):
All items
....
1947-49=100.
Apparel
do
Food 9
._.
do
Dairy products
do
Fruits and vegetables
_do Meats, poultry, and
fish
- _ _ do
Housing 9
_ . .
_. _ _
do
Gas and electricity
do
HousefurnishiBgs do
Rent
do
Medical care
_
do
Personal care _
_._
do __ .
"Reading and recreation
do _ _
Transportation
.. _ . . _ _ . _ _ . . .__ do _ .
Other goods and services
do
WHOLESALE PRICES <?
U. S. Department of Labor indexes:
All commodities
1947-49=100
Farm products 9
__ ___
-do
Fruits and vegetables, fresh and dried
do
Grains
__ . _'_
do
Livestock and live poultry
do
Foods, processed 9
do
Cereal and bakery products
do
Dairv products and ice cream _ .
do _ . _
Fruits and vegetables, canned and frozen.. do
Meats, poultry, and fish . _
do - .
Commodities other than farm products and
foods
.
.. 1947-49=100 Chemicals and allied products 9
- _-do _ _ _
Chemicals, industrial
_
do
Drugs and Pharmaceuticals § . .
do
Fats and oils, inedible
do
Fertilizer materials
do
Prepared paint
do
Fuel, power, and lighting materials 9 _
do _ _
Coal
do
Electricity
.
_ _ __ - __
do
Gas
do
Petroleum and products
-do __
Furniture, other household durables9
do
Appliances, household
_
do
Furniture household
do
Radio receivers and phonographs _.. do. __
Television receivers
do
Hides, skins, and leather products 9 - - do _ _
Footwear
do
Hides and skins
_ ..
do^_ _
Leather
do
Lumber and wood products
do Lumber
_ __ .
do. ._
Machinery and motive products 9 do
Agricultural machinery and equip
do
Construction machinery and equip
do
Electrical machinery and equipment
do
M^tor vehicles
do
Metals and metal prod nets 9 -do. _ _
Heating equipment
_
do
Iron and steel
do
N on ferrous metals
do _ _
Nonmetallic minerals, structural 9 - - - do
Clay products
do
Concrete products
do ._
Gvpsum products
_
do
Pulp paper and allied products
do
Paper
_
_ ...
do __
Rubber and products
_ do
Tires and tubes
do
Textile products and apparel 9
do
Apparel
--do _ _
Cotton products
do
Silk products
_
do
S vnthetic textiles .
- do
Wool products
do
Tobacco mfs. and bottled beverages 9
do
Beverages, alcoholic _
-do. _ Cigarettes
do
Miscellaneous
do . Toys, sporting goods .
do
PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale prices
1947-49=100
Consumer prices
do -Retail food prices
do
207.3
207.5
207.5
207.9
207.7
207.8
208 6
114.3
103. 3
110.6
106.4
110.6
102. 4
119.6
109.4
104. 6
129 5
126. 5
113.7
106.9
127.6
119.9
114.3
103.4
110.8
106.1
110.7
102. 5
119.6
109.9
104. 8
129 7
126.8
113.5
106.4
127.4
119.8
114.3
103.2
110.8
105.4
112.0
102.3
119.6
110.3
104.6
130 0
127.0
113.5
106.6
127.3
119.8
114.2
103.1
111.2
104. 6
117.5
103.0
119.5
110.3
104.5
129 9
127.3
113.7
106.6
125.3
119.8
114.2
103. 3
111.1
104.0
120.2
102. 1
119.4
110.9
103.7
130 3
127. 5
113.9
106. 5
125. 5
119. 9
114.4
103.2
111.3
104. 1
119.5
103. 8
119.7
110.7
103.8
130 4
127.6
114.7
106.2
125.8
119.9
114.7
103.2
112.1
104.7
121.9
103.7
119.9
110.8
103.6
130 4
127.9
115. 5
106.3
125.4
120. 3
110.1
92.5
105. 2
93.5
79.4
103.8
116.9
107. 0
104.6
87.6
110.4
93.1
103.8
93.1
80.7
103.2
116.3
107.2
104.4
86.9
110.0
92.1
104.4
92.2
79.9
101.6
116.5
107.2
104.8
83.3
110.5
94.2
120.9
91.0
84.0
102.5
116.8
106.9
104.7
86.0
109.9
91.2
118.7
92.4
78.4
102.1
118.3
104.0
104.1
85.7
110.3
91.8
104.7
90.3
83.1
103.9
117.6
104.6
104. 5
91.4
115.2
107.1
117.3
93.6
61.8
113.6
112.8
108.5
105.2
100.7
113.0
111.7
115. 5
108.7
112. 5
95.4
69.0
91.9
111.6
49.5
81.2
120.3
120.0
125.8
121.5
133. 2
126.8
121.7
130.1
112.9
135.8
127.9
122.0
135.8
116.7
122.1
116.3
127.5
136.8
139.9
95.2
98.2
90.2
124.1
87.3
106.6
121.4
114.3
124.0
97.0
113.2
115.7
107.1
117.4
93.3
61.0
113.5
113.1
108.7
105.2
100.1
116.3
111.7
115.4
108.5
112.6
94.7
68. 8
92.3
111.5
51.6
82.2
121.2
121.4
126.1
121.6
133.8
126.7
121.5
131.5
113.7
135.8
133. 7
121.8
136.1
117.0
122.1
116.6
128.0
140. 6
142.4
95.2
98.2
90.6
122.4
86.7
106.3
121.6
114.6
124.0
97.1
113.1
115.6
106.8
117.5
93.1
55.4
113.6
114.0
108.5
105.1
99.5
116.6
111.7
115.1
107.2
112.7
94.7
68.8
92.2
111. 5
50.7
82.1
121.4
121.8
126.1
121.5
133.8
126. 4
121.5
131.9
113.6
136. 2
134.3
121.9
136.5
118.2
122.1
116.8
128.0
138.0
142.3
95.3
98.3
90.8
121.1
87.5
106.1
121.6
114.7
124.0
95.6
113.2
115. 7
107.1
118.0
93.2
55. 2
113. 5
114.8
107.4
102.3
97.8
113.1
111.5
115.1
107. 3
112.8
94.7
68.8
93.2
111.5
56.9
83.6
122.4
122.9
126.3
121.5
134.1
126. 4
121.9
132.9
113.6
136.4
138.3
122.3
136.8
118.2
122.1
117.4
128.0
138.3
142.3
95.0
98.0
90.4
122.8
87.2
106.0
121.6
114.7
124.0
94.0
113.2
115.5
106.8
117.6
93.2
53.2
113.1
114.8
107.0
100.4
97.8
111.0
111.5
115.1
106.5
113.1
94.7
69.0
92.9
111.4
53.3
85.0
123.5
124.2
126.7
121.5
134.3
126.5
122.0
132. 5
113.5
135.6
137.8
123. 2
137. 0
118.2
122.1
117.7
128.9
138.0
142.3
95.0
98.0
90.3
123.2
86.9
106.1
121.6
114.7
124.0
91.3
113.2
90.8
87.5
90.4
90.6
87.5
90.3
90.9
87.5
90.3
90.5
87.6
89.9
91.0
87.6
90.0
208 9
208.7
208. 2
208. 1
207 6
114.5
103 4
111.2
105 7
111.3
102.9
120.0
110 8
103.2
130 5
128 0
115.8
106.3
125.4
120 4
114 9
104 6
111 6
106 5
110 2
103.5
120.4
111 2
103 6
130 5
128 2
116.6
106.7
125 3
120 6
114.9
104 6
110.8
107.5
108.5
100.9
120.8
111.2
104.4
130 8
128.7
117.0
106.7
126.6
120.6
115.0
104 7
109.8
107 8
109.0
97.1
120.9
111 5
104. 5
130 9
129.8
117. 5
106.8
128.5
120.6
114.7
104 7
109.5
107 7
110.7
94.6
120.8
111 5
103.4
131 1
130.2
117.9
106.8
127.3
120.6
i 114.6
104 1
109.2
107 3
112.6
93.3
120.6
111 7
102.0
131 4
130.7
118.5
107.3
126.8
120.8
110.5
89.5
98.7
86.7
79.4
103.1
117.6
106.0
104.6
88.5
110.9
88.1
99.5
78.6
75.5
101.9
115. 1
107.8
105. 0
86.3
111.7
89.3
102.1
81.4
75.5
101.5
114.4
104.3
106.8
87.5
111.6
86.8
92.9
82.4
71.8
100.2
114.8
105.0
107.4
81.6
111.2
84.1
102.6
79.8
62.2
98.8
115.1
105.9
107.7
77.8
111.3
'r 82. 9
95.6
82.7
59.3
98.2
115.2
107.2
' 107. 9
75.3
r
115.6
106.8
117.8
93.0
53.8
111.0
114.8
106.8
100.6
97.2
110.4
111.5
115. 2
106.4
112.9
94.7
68.8
92.9
111.4
55.7
83.8
123. 7
124.7
127.1
121.5
134.7
126.5
122.0
132.6
113.5
135.8
137.8
123.7
137.3
118.3
122.1
118.3
129.2
140.3
142.3
95.2
98.6
90.6
124.0
86.6
105.5
121.6
114. 7
124. 0
89.1
113.2
116.5
106.0
118.2
92.8
55.9
111.7
114.8
106.4
101.5
96.1
108.9
111.6
115. 5
106.5
113.1
94.0
68.9
93.7
111.4
58.2
85.1
124.1
125.1
127.5
121.5
134.7
126.7
122.0
136.7
113.6
143.1
139.5
125.3
141.3
118.3
122.1
119.0
130.7
143.4
142.3
95.3
98.6
91.0
126.8
86.8
105.0
121.6
114.7
124.0
90.8
113.1
117.5
105.9
118. 1
92.4
54.6
112 1
114.8
107.2
102.2
96.6
106.8
113.0
116.0
106.6
114.3
89.2
68.9
93.8
111.4
58.9
85.0
125.1
126.4
128.5
122.4
138.2
127.7
122.0
139.5
116.0
144.9
145.0
126.1
142.9
118.6
122.1
119.7
130.5
148.7
147.2
95.3
98.6
91.7
128.7
86.7
103.9
121.7
114.7
124.0
89.8
113.4
118.5
106.0
118.2
92.4
55.8
112 0
114.8
108.0
108.1
95. 5
107.8
114.0
116.4
106.2
115 2
89.4
69 3
94.0
111.4
60.9
85.1
125.7
127.1
130.0
126.3
140.5
130.6
122.0
141.9
117.2
145.0
154.2
126.4
143. 9
119.8
122.1
120.5
131.0
151.7
147.2
95.4
98.6
92.5
126.8
86.7
103.0
121.7
114.7
124.0
90.3
113.6
119.0
106.5
118.9
92.3
58.2
112.3
115.0
108.0
108.7
94.3
109.3
114.2
116.9
106.1
115.6
89.5
69.5
95.3
113.5
62.3
86.1
125.4
126.8
131.4
126.7
142.1
130.7
124.7
142.4
117. 3
145.7
153.9
126.8
144.3
120.2
122.1
122.8
131.2
147.8
147.2
95.4
98.7
92.8
123. 7
86. 1
102.8
121.7
114.7
124.0
91.5
113.8
119.4
106.6
119.3
92.3
57.6
112 3
115.0
108.6
109.0
94.3
110.8
115.0
117.2
106.3
116.4
89.8
69.5
96.4
115.4
60.2
87.7
125.0
126.4
132.5
126.1
142.4
131.4
126.5
142.9
117.4
146.0
153.9
125.2
144.5
120.2
122.1
123.2
131.7
150.6
151.8
95.6
99.0
93.2
120.8
85.8
102.8
121.7
114.7
124.0
88.0
114.3
••119.8
' 106. 6
119.4
92.3
56.6
112.3
115.8
' 109. 3
109.4
'93.8
' 115. 5
115.6
••117.3
' 105. 8
116.5
'89.8
'69.7
96.7
115.4
61.1
88.4
125.1
126.4
' 133. 0
' 126. 5
' 143. 1
' 132. 1
126.7
143.9
T
117. 1
r
147. 2
155.8
125.4
144.6
120.2
122.1
123.6
' 132. 6
151.0
151 8
95.6
99.1
93 7
120.6
r
84. 8
102.8
121.7
114.7
124.0
'88.8
'115.0
r 120. 4
90.7
87.4
89.8
90.5
87.2
89.2
90.2
87.3
89.9
89.5
87.0
89.6
89.6
87.0
90.3
89.9
87.0
91.1
208 1
|
89.8
87.2
91.3
111.9
84.1
105.0
81.5
63.0
98.3
115. 1
106.1
108.1
75.7
106. 3
120.0
92.6
55.6
113. 1
117.0
' 111.0
109.9
r
94. 3
r
121 1
117.2
' 118.0
r
105. 6
r
117 4
r
89. 7
69 7
96.7
r
'
'
'
'
r
115.7
56.6
89.5
126. 3
127.6
133. 3
126. 8
143.2
132. 4
126. 7
145. 1
'117.3
r
149. 4
156.6
'T 127. 0
145. 3
121.1
127.1
124.8
134.6
' 148. 4
151 8
'95.7
r
99. 5
93 8
120.5
r
84.
2
r
102. 6
121.7
114.7
124.0
89.6
' 115.8
89.4
87. 3
291.6
2
112 3
86 0
98.2
82 9
67 7
99 0
115 4
106 1
108.8
76 1
120 5
106.4
119 9
91.9
54 4
113 0
119 1
111 1
109.9
94 3
121 1
117 5
118.0
105 6
117 3
89 6
69 4
97. 1
115 8
58.2
89 9
126.7
128.2
133. 5
126.8
143.5
132.7
126 7
145.0
117 1
148 8
157.2
127.2
145 6
121. 1
127. 1
125 4
135.0
147 1
151 8
96 0
99. 5
94 1
119 5
85.0
102 8
121.7
114.7
124 0
88.6
115.8
2
89 0
' Revised. 1 Index based on 1935-39=^100 is 191.6. 2 Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 46.8 (January), 46.6 (February); consumer prices, 52.2
(January); retail food 45.3 (January).
9 Includes data not shown separately, o*For actual wholesale prices of individual commodities, see respective commodities. §E£Fective with the January 1955 index, cosmetics and
related products were transferred from drugs, etc., to the "other chemicals" subgroup.
SURVEY OF CURRENT BUSINESS
March 1950
descriptive notes are shown
BUSINESS STATISTICS
s through 1954 and
the 1955 edition of
S-7
1
1956
1955
January
February
March
April
May
June
DecemAugust. SeptemOctober November
ber
ber
July
January
February
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY
mil. of dol._
2,815
2,698
2,989
3, 283
3,606
3,881
4.044
4,101
4,086
3,953
3,617
3,177
r
Privatc 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
2,073
1,122
1,030
71
2, 002
1.049
2, 193
1. 185
1. 085
2,367
2,547
2. 730
1. 544
1.380
2,829
2,858
2,765
2,632
133
133
127
119
1,508
1,360
1,422
1,280
2, 410
1, 283
1,160
r
1, 587
1.435
2 844
1,561
1.410
110
92
543
186
189
92
302
548
187
198
95
297
558
186
207
103
333
563
184
214
114
357
592
184
236
131
378
633
190
259
141
396
668
199
277
148
407
686
205
286
150
421
714
213
303
137
420
719
218
305
112
415
717
225
296
94
388
683
226
269
83
351
'•651
'225
r
650
229
250
86
295
742
342
78
155
167
696
320
77
150
149
796
349
82
190
175
916
361
98
270
187
1,059
1,151
1 215
1 243
1 242
372
1 188
985
318
115
355
197
767
287
106
200
174
' 718
686
279
81
165
161
3, 422
2,400
1,338
3,453
2,438
3,464
2,464
3, 565
1,419
1,420
3, 518
2,517
1 345
3,489
1. 349
3, 525
2, 525
1.391
3. 581
1,348
' 3, 4551
' 2, 438
' 1, 285
New construction (unadjusted), total
Public total
Nonresidential building
Military facilities
Highway
Other tvpes
__
do
do
do
do
-. -- do .
-
New construction (seasonally adjusted), total do
Private, total
do
Residential (nonfarm)
do
Nonresidential building, except farm and public
utility
mil. of doL.
Farm construction
do.- Public utility
do
Public, total
Nonresidential building
Highwav
-
.
.do
do
do
554
123
368
1,022
388
342
960
68
582
122
79
604
121
1, 319
1.190
106
624
120
1, 430
1,270
374
106
375
204
2,556
382
120
430
219
2,545
1,590
1,430
387
122
480
226
3, 566
2, 578
1.435
380 !
129
500
234
3, 568
2, 591
1 433
119
116
133
510
227
353
134
485
216
3.573
3,526
2, 599
1 422
2 551
1 374
2 486
1 326
2, 842
2, 705
2, 124
' 1. 079
'980
2 019
981
885
66
'69
250 1
83
303
290
'86
'170
'172
374
376
374
374
373
372
680
111
373
683
112
669
110
'664
371
371
370
369
369
1,015
1,000
1,000
1,025
1,020
363
339
988
344
338
977
335
334
974
338
327
975
329
332
1,001
1,003
'1,017
75, 141
2, 255
73 130
64 144
1, 895
57 673
2, 035
61 135
1 863
54 856
1 797
.50 551
1 921
51, 949
1, 858
675
1, 183
380
339
370
337
360
336
75, 533
2,135
79, 184
629
119
362
352
621
117
641
116
658
115
679
114
334
357
322
367
no
330
'378
3, 461
2, 436
1 258
691
110
369
1. 025
332
375
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
Total projects
-_ ._- number- ' 54, 385 58, 456
Total valuation
mil. ofdoL- ' 1, 485 1,581
480
Public ownership
- _ __do _
472
r
1, 005
1,109
Private ownership
do
Nonresidential buildings:
Projects
_
Floor area
Valuation
_ __ . .
Residential buildings:
Projects
_ .
Floor area
Valuation
Public works:
Projects
.
Valuation
Utilities:
Projects
Valuation.--
2,322
676
1,458
75, 896
2,185
757
1,646
675
1,510
1,498
6,135
6,107
51, 736
6,217
57, 218
2,272
761
549
621
527
551
730
1 511
1 346
1 414
1 312
1 269
1 190
6,715
64, 544
5 715
47, 886
5 540
49, 837
5 863
49, 156
4 686
46, 058
692
663
4 407
49' 426
4,144
47, 895
661
46,314
68,147
4,227
42, 768
565
4,284
41,861
534
51,925
759
51,989
706
-. number * 48, 796
thous. of sq. ft._ r 69, 841
mil. of doL_ ' 671,355
52, 583
74, 545
744
67, 539
98, 806
990
70, 088
107, 850
1,070
66, 558
97, 248
1,011
65, 459
95, 481
951
62 799
94, 491
959
55 514
82. 058
835
49 211
72, 039
733
53 033
76, 964
783
48 346
73, 638
726
44 302
711
694
number
mil of dol
979
174
1,234
1,803
2,610
290
2,887
382
2 960
2 447
248
273
2, 301
332
299
2 316
1 772
1 398
277
280
1 394
359
1,105
356
number
mil. of dol._
383
76
355
55
462
113
660
204
621
158
578
79
656
88
468
79
606
224
467
111
426
129
448
124
386
147
214
239
260
286
227
263
260
295
264
307
260
291
290
336
253
286
296
332
245
280
294
320
253
290
281
301
257
296
271
277
259
278
253
258
250
256
249
246
260
252
244
243
270
252
244
233
301
273
247
242
300
290
1, 295
1,085
1,987
1,449
1,727
1,882
1 684
1 240
1 786
1 526
1 369
1 693
1 593
7,134
2,600
2,769
1,765
7,289
9,504
8,470
2,021
3,988
2, 855
7,171
1 895
3 345
1 931
' 8, 909
1 150
i 5 229
i 2 529
6,920
3,635
'89.2
88 4
64.0
g
75.0
72 2
52 5
2 8
74.0
73 0
52 7
10
78.0
76 8
55 2
1 2
1 192 0
1 187 0
1 180 0
1 *>00 0
__ number
thous. of sq. ft._
mil. of dol
Value of contract awards (F. R. indexes):
Total, unadjusted
.-1947-49=100
Residential unadjusted
do
Total adjusted
_
do
Residential adjusted
do
Engineering construction :
Contract awards (ENR)§
677
mil. of dol
Highway concrete pavement contract awards: c?
Total
thous. of sq. yd__
\irports
- - do
Roads
do
Streets and alleys
.
. ..
. -_ do -
NEW DWELLING UNITS
(U. 8. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
87.6
Total, privately and publicly owned.. .thousands..
87.3
Privately owned, total
do
67.8
In metropolitan areas
_ ._ .. . do .
.3
Publicly owned _
do
Seasonally adjusted at annual rate:
1,416.0
Privately owned, total
do
Building construction authorized, all permit-issuing
places:
New dwelling units, total
thousands.. 22 rr 77. 4
77. 0
Privatelvfinanced,total. _ . _ . _ _
._do2 r 68. 4
Units in 1 -family structures
d®
22.1
Units in 2-family structures
. .
do
6.5
Units in multifamilv structures
do
.3
Publicly financed, total
do
2,134
5, 729
342
1, 520
3, 495
2,279
3,336
89.9
87.9
64.9
113.8
112.8
86.0
132.0
130. 5
95.4
726
843
893
681
709
368
8,760
9,292
1,242
3 305
4,213
5,787
9,346
3,966
4,376
2,606
288
5 321
3 737
5, 798
490
2 246
3 062
5, 999
1 052
2 413
2 534
137.6
135 1
97.3
134.8
131.4
96.2
122.6
121 9
87.7
114.9
113 6
82 2
1 3
105.8
104 8
75 8
10
950
944
2 237
1.0
1.5
2.5
3.4
7
124.7
122 3
89 2
2 4
1, 370. 0
1,367.0
1,350.0
1, 362 0
1,371 0
1 283 0
i 3io o
1 251 0
1 221 0
78.8
76.8
67.9
115.6
114.7
100. 5
119.3
118. 5
107.5
120. 1
117.4
104.4
115. 1
113.0
102.2
98.2
97.4
89.4
108 1
106 3
95.3
2 7
96 3
95 3
86.1
2 2
89 4
87 7
78.7
2 1
10
17
2.0
2.5
6.3
2.1
4.0
10.1
.9
3.3
7.8
.8
3.2
9.8
2.8
2.9
7.9
2.1
2.4
5.5
.8
8.3
18
7.0
6.9
r
r
r
r
70 1
69 7
'62.9
2 2
4.6
.4
727
70,440
1 781
1 292
2 341
57 3
56 2
50.1
18
4.4
11
CONSTRUCTION COST INDEXES
122.7
123.0
Department of Commerce composite
1947-49=100-122.7
123.5
124.6
123.8
125.8
126.2
126.7
126.5
126.8
127.7
127.0
Aberthaw (industrial building)
1914=100.396
397
399
401
American Appraisal Co., The:
599
598
600
601
604
Average, 30 cities
1913=100..
602
611
618
614
622
613
616
623
619
649
649
650
650
654
\ tlanta
do
654
664
666
664
665
667
665
666
667
629
629
628
630
New York
.
do. __
626
627
629
643
641
642
643
644
642
648
545
551
553
550
553
556
San Francisco
do
568
578
586
573
575
577
5S2 |:
580
599
600
601
601
601
St. Louis
do
601
604 1
605
606
607
608
609
629
630
2
' Revised.
i Data include some contracts awarded in prior months but not reported.
Revisions for December 1954 (thous.): Total, 77.4; total private, 76.0; 1-family, 66.3; 2-family 2.9.
§ Data for March, June, September, and December 1955 are for 5 weeks; other months, 4 weeks,
cf Data for March, June, August, and November 1955 are for 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1.9.-.G
1!)55
January
February
March
April
May
June
19 56
July
August
Septem- October Novem- December
ber
ber
January
Febru
ary
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Continued
Associated General Contractors (all types). 1913=100-.
E. H. Boeckh and Associates:§
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U. S. avg. 1926-29=100..
Brick and steel... _ _ .
.
.. do _.
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
do
Brick and steel
do
Brick and wood ~._
.__
. do
Frame
do
Steel _
„-- do .
Residences:
Brick
do .
Frame
do. .
F. unmooring News-Record:c?
Building
1947-49 = 100.Construction
do
Bti. of Public Roads— Highway construction:
Composite standard mile
1946" 100
432
432
432
434
435
439
443
443
441
444
446
446
452
258. 8
254.6
257.7
258. 8
254. 7
257. 9
259. 0
254. 9
258. 6
260.7
256. 2
260.0
261.8
257. 3
261. 3
263.8
259. 5
263. 1
266.1
262.0
264.3
266. 7
262. 6
264.9
267.8
263.6
265.7
268.5
264.4
266.2
269. 1
265. 1
266.7
270.1
266.1
267 3
271.2
267 1
268 4
266.4
262. 5
256. 2
257.4
246.0
266. 5
262. 6
256. 3
257. 7
246. 1
266. 7
262. 9
256. 8
258. 8
246.3
268. 5
264. 5
258. 1
260.3
247.4
269.7
265. 6
259. 6
261. 8
248.3
271.5
267. 3
261.3
263.8
249.8
274.0
271.9
262.3
264.5
257.5
274.6
272.4
263. 2
264.8
257. 8
275. 7
273.3
264.0
265. 4
258.5
276. 3
273. 8
264.6
266.4
259. 0
276. 8
274.4
265. 2
266. 9
259. 4
278 1
275. 3
265. 7
267 3
260. 8
279 4
276. 3
267.2
268 1
261 3
258. 4
252. 4
258. 6
252. 6
259.3
253. 5
260.7
254. 9
262.3
256. 4
263.9
258.3
264.9
259. 1
265. 6
259. 6
266.3
260.3
266.8
260.8
267. 4
261.3
268.0
261.9
269.1
262. 7
135. 9
142.4
135. 9
142.5
136.2
142.9
136.8
144.2
137.4
144.8
138.3
145.7
141.4
148.4
141.7
148. 5
141.4
148.8
141.8
148.6
141. 6
148.6
142.1
149.3
142.9
150 2
127.6
125 5
129 4
452
142 9
150 2
131 1
CONSTRUCTION MATERIALS
Output of selected construction materials, index:f
Iron and steel products
1947-49=100.
Lumber and wood products .. _ . . .
do. _.
104.5
117.7
104.5
116.7
130.1
136.4
133. 5
129.9
136. 2
136.6
154.2
142.3
127.6
119.6
144.1
146.0
149. 5
139.7
145.0
135.3
134. 9
124.6
132.0
117.3
226, 434
566, 118
269, 267
531,647
243, 346
514, 998
229, 813
548, 510
269, 487
552, 928
230, 031
520, 545
279, 312
617, 282
274, 376
589, 859
273, 493
717, 334
275, 334
755, 018
261, 480
620, 173
280,660
569 925
1 246
REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount, _ .thous. of dol_. 252, 393
622, 155
Vet. Adm.: Face amount
do
Federal Home Loan Banks, outstanding advances to
717
member institutions
mil. of dol
New mortgage loans of all savings and loan associa744
tions, estimated total
mil. of dol
By purpose of loan:
252
Home construction
do
326
Home purchase
do. ..
166
All other purposes _
.. _.
.. _._ do
New nonfarm mortgages recorded ($20,000 and under),
2,024
estimated total
mil. of dol.
2, 305
Nonfarm foreclosures
number
Fire losses
thous. of dol . 75, 265
688
702
754
821
1,017
1,061
1,187
1,275
1, 344
1,364
1,417
775
1,026
1,016
1,069
1,157
1, 054
1,171
1,012
880
782
746
712
265
340
171
386
427
212
380
430
205
395
470
205
418
536
204
371
494
188
416
553
201
342
503
167
303
426
152
261
385
137
253
351
142
251
316
145
1,958
2,189
85. 046
2,455
2,595
88, 197
2, 357
2,447
78, 632
2, 483
2,457
71, 789
2,636
2.861
70, 828
2,463
2,209
61,614
2,697
2,254
71, 103
2,522
2,294
65, 970
2,387
2.207
58, 778
2,316
2.308
68,784
2,188
2.403
89, 212
96, 972
2, 059
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
Combined index
1947-49=100..
Business papers
do. ..
IVTagazines
do
Newspapers
. . do
Outdoor
do_
Radio (network)
_
_ do
Television (network)
19-50-52 =100. .
Tide advertising index, unadjusted
1947-49=100..
Radio advertising:
Cost of facilities total
Automotive, incl. accessories
Drugs and toiletries
Foods soft drinks confectionery
Soaps cleansers, etc
Smoking materials
All other
thous of dol
do
do
do
do
do
do
182
« 165
137
« 182
144
"60
" 294
181
164
140
182
132
61
304
182
167
141
186
152
57
300
179
168
145
178
149
54
301
186
165
148
188
156
54
311
191
172
145
201
146
56
324
191
164
143
190
151
58
371
196
179
150
203
142
55
343
193
184
150
191
171
50
338
186
187
141
190
151
46
325
197
166
159
204
156
46
338
194
178
154
186
149
43
338
140.9
158.6
191.0
195.3
202.8
191.5
150.6
156.6
191.5
217.0
219.2
163.0
10, 786
822
2,574
2, 353
1,064
957
3,014
10,215
834
2,341
2.343
1,023
883
2,790
11,239
875
2,644
2,532
1,168
965
3,056
9,924
775
2,342
2,142
1,046
928
2,690
10, 106
845
2,330
2,231
1,095
931
2.674
9,434
928
2, 129
2, 125
1, 014
821
2,416
8,273
829
1,636
1, 750
712
783
2, 563
(n
38, 852
4,935
8,850
8,096
'4,411
3,764
8,794
39,399
5,399
8,782
8,427
4, 432
3 869
8,490
Television advertising:
Cost of facilities, total
.
Automotive, including accessories
Druers and toiletries
.. ... . .Foods, soft drinks, confectionery
Soaps, cleansers, etc
Smoking materials
All other
_
do.- .
do
..do
do
do
do
do
33, 446
3,506
7,727
7,735
3,453
3,388
7,636
31, 279
3,239
6,835
7,339
3,333
3,262
7,271
34, 574
3,725
7,657
7,991
3.728
3,601
7,873
32, 702
3,387
7,440
7,374
3,592
3,348
7,562
33, 450
3,773
7,565
7,182
3,762
3,714
7,456
31,724
3,511
7,771
7,185
3,531
3,468
6,258
29,997
3,670
8,762
6,069
3,416
3,354
4,725
30, 345
3,358
8, 661
5,947
3,849
3,203
5,328
33, 045 ' 38, 086
3, 620
4,936
8,043
9,363
6,922
'7,836
4,134
4,326
3, 499
3,652
6,826
7,973
Magazine advertising:
Cost, total
Apparel and accessories
Automotive, incl. accessories
Building materials
Drugs and toiletries
Foods, soft drinks, confectionerv
Beer wine, liquors
_ do.. do
do
..do. do
do
do
34,648
1,856
4,177
1,394
3,289
5,234
1,507
47, 479
3,025
4, 523
2,303
4,780
7,390
2,220
56, 966
4,852
5,308
3,447
4,995
7,916
2,472
67, 133
5,267
7,112
4,179
5,738
7,625
3,108
66, 611
5,492
6,621
3,906
5,867
7,352
3,225
53, 083
2,993
5,815
3,153
5,400
7,026
2,720
37, 329
918
4,540
1,690
4,221
6.388
2.084
40,836
4,197
3,762
1,699
3,744
6,139
1,888
58, 673
7,515
3,661
3,848
4, 845
7, 347
2,354
71,084
6,193
5,926
3,610
6,241
9,223
3,555
68,295
4,876
7,504
2,258
6,064
8, 533
4,148
51,249
3,850
4, 509
1,102
4,804
6,300
5,062
do
do
do
do
.do
do
913
1,291
2,313
506
1,055
11, 113
1,913
1, 726
3,089
1, 073
1, 350
14, 088
2,958
2,657
3,675
971
1,486
16, 229
4,999
3,561
4,567
791
1,362
18, 822
5,131
3,842
4,983
1,098
1,622
17, 472
4,012
1, 860
4,208
695
1,458
13, 742
1,748
715
3.200
492
1,272
10, 063
1,670
1,496
3, 451
540
1,369
10, 881
3,674
2,493
4,469
836
1,524
16, 108
4,901
4,309
5,680
946
1,548
18, 954
4,790
3,516
4,943
778
1,362
19,523
2,713
1,990
3,771
567
1,895
14, 685
Household equipment and supplies
Household furnishings .
Ind ust rial materials
Soaps, cleansers, etc
Smoking materials
. .
_ _.
All other
.
_
r
r
4,794
3,402
5,032
4,927
4,548
3,395
3,771
4,348
4,205
5, 570
3,669
4,689
Linage, total. _._.
thous. of lines..
l
r Revised.
Data are no longer available.
° Revisions for December 1954: Business papers, 160; newspapers, 162; radio (network), 59; television (network), 296.
§ Copyrighted data; see last paragraph of headnote, p. S-l.
d* Data reported at the beginning of each month are shown here for the previous month.
t Revised series.
159.9
4,114
4,664
SURVEY OF CURRENT BUSINESS
March 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-9
19 55
January
February
March
April
May
June
IS 56
July
August
Septem- October No ven i - December
ber
ber
January
February
DOMESTIC TRADE—Continued
ADVERTISING- Continued
Newspaper advertising:
Linage, total (52 cities)
Classified
. _>
Display, total
\utomotive
Financial
General
___^
Retail
.
thous. of lines.. 196. 204
__do .
50 842
_
_
--
do
do
do
do
do
. _
145
9
4
24
106
362
980
516
785
081
194. 395
48 519
242. 549
57 756
243, 834
59 996
260. 381
64, 921
243 718
61 286
212 279
60 911
219 750
63 121
246 154
62 714
273. 073
65 684
268, 516
58 567
242 542
50 144
212, 200
57,508
145 876
11,040
2 708
27, 748
104 379
184 793
15,292
3 530
34 414
131 557
183 838
17,079
3 382
33. 243
130 135
195, 460
18, 499
3 278
36, 696
136 986
182
19
3
34
1°5
151
15
3
24
107
156
15
2
23
114
183 440
16 054
3 007
30' 849
133 530
207
19
3
39
144
209
20
3
38
147
192 398
12 568
3 421
27 128
149 281
154, 693
14, 220
5 200
26, 955
108 318
432
541
203
278
409
368
226
772
968
402
629
914
657
800
259
390
797
678
778
137
949
045
440
514
950
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services, total
_
bil. of doL_
Durable good s, total 9
Automobiles and parts
-Furniture and household equipment.
Nondurable
goods, total9
Clothin01 and shoes
Food and alcoholic beverages
Gasoline and oil
Services, total 9 -- Household operation
Housing
Transportation
do
do. _
. _do_ .
do
do
do
_ . -. _ do
-- -
do
do
do_ __
do_ _
-
245 8
250 5
255 7
257 2
34 4
16 4
13.9
35 i
16 6
14 2
36 9
18 0
14 7
34 8
16 0
14. 3
122.4
19 8
74.0
7 5
125
20
75
7
3
5
9
7
127
20
77
7
0
4
5
7
128.8
21 2
78.3
89 0
13.1
30 6
7 4
90
13
31
7
2
4
0
4
91
13
31
7
8
7
4
4
93 P>
14.2
31 9
7 5
7.9
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
mil. of dol_.
13,279
12, 762
14,704
15,622
15,468
15,734
15, 398
15, 622
15,905
15,824
15, 894
19, 268
' 13, S*>6
1 3, 709
Durable-goods stores 9
_ _ _ _ _
do
Automotive group _ _
_do_ .._
Motor- vehicle, other automotive dealers. _do
Tire, battery, 'accessory dealers
do
4 482
2 645
2,532
113
4 503
2 707
2. 591
116
5 430
3 305
3,170
135
5 704
3, 431
3,271
159
5 845
3,409
3,252
157
6 125
3 536
3, 355
180
5 720
3 271
3, 080
191
5 980
3 435
3,252
182
5 900
3 367
3, 201
167
5 564
2 964
2,786
177
5 539
3 039
2, 866
172
6 186
3 118
2, 910
208
4 690
2 744
2, 626
118
i 2 782
T
i 7^1
Furniture and appliance group
Furniture, homefurnishings stores
Household-appliance, radio stores
do
do
do
698
410
288
682
405
277
761
456
305
757
466
292
809
510
299
847
522
325
825
492
333
854
514
340
822
490
331
909
562
348
927
584
343
1 163
*704
459
r 761
Lumber building hardware group
Lumber, building-materials dealers
Hardware stores
__. _
do
do
do
663
493
170
639
480
160
795
599
196
900
672
228
998
752
246
1 040
'798
942
973
735
238
1 032
*795
237
1 037
786
251
1 047
788
259
958
715
244
947
*«0
317
701
526
175
8 797
693
149
2«4
136
125
8 260
602
130
247
120
106
9 274
796
155
328
167
146
9,917
986
194
384
199
209
9. 623
878
184
352
166
177
q goS
868
197
326
167
178
9 678
756
160
287
156
153
9 642
740
144
281
165
150
10 005
910
166
342
206
197
10 260
974
193
374
227
180
10 35.5
988
219
38 °
222
165
13 083
1 598
402
621
353
9^2
9 175
420
1 013
3 398
2,868
949
394
950
3 253
2,742
873
409
1 026
3 527
2 983
944
416
1 080
3 689
3, 127
988
419
1 136
3 514
2, 950
1 046
425
1 168
3 591
3 025
1 066
434
1 274
3 761
3 198
1 117
432
1 982
3 617
3 055
1 108
4°5
1 220
3 766
3 205
1 049
1
3
3
1
590
182
168
542
104
r 4'V)
r I j)X4
i 4<v(
i 1 o^f-,
2 9H6
' 3 4K9
l •) ()">()
1 Q~9
1 244
676
83
186
299
248
1 171
611
85
190
284
240
1 464
796
107
219
342
256
1,650
897
94
278
381
266
1, 584
866
99
243
376
268
1 56')
852
102
248
363
266
1 412
745
82
244
342
289
1 562
833
111
9
55
364
287
1 674
920
112
266
377
302
1 807
993
116
282
416
312
1 956
1, 076
158
291
43°
31 9
3 010
l' 617
'S3
595
616
493
1 ''7s
693
do
14. 864
14 765
15 060
15, 251
15, 368
15 345
15 484
15 662
15 840
15 777
1 5 808
15 795
15 657
Durable-goods stores 9
-- -do
Automotive group
do
Motor-vehicle, other automotive dealers. ..do
Tire battery, accessory dealers
do
5. 143
2 844
2,700
143
5.209
2 990
2.841
149
5 458
3 169
3. 020
149
5, 522
3 202
3, 044
158
5,507
3 108
2, 955
153
5 570
3 171
3,011
160
5 640
3 148
2. 963
184
5 763
3 363
3. 192
171
5 840
3,214
171
5 764
3 280
3, 107
173
5 689
'S 26 1
3, 090
171
5 677
•> 233
3, 068
805
488
317
810
496
314
836
496
340
837
504
334
826
498
329
823
503
320
887
536
352
827
492
336
826
497
329
849
517
332
838
525
313
S73
546
327
S69
5 1 'i
3'?<>
879
647
232
836
623
213
863
645
219
890
661
229
955
719
236
938
707
231
923
684
239
916
684
232
950
705
245
963
725
2'"? 8
935
710
225
929
689
940
938
(599
9, 722
889
184
356
180
169
9 556
870
188
338
183
161
9 602
867
183
334
193
157
9 729
889
194
342
183
169
9,860
905
197
350
188
170
9 775
878
196
338
180
164
9 844
905
193
353
190
168
9 900
892
194
339
186
173
10 000
895
183
346
192
173
10 013
908
183
355
201
169
10 1 1Q
916
191
354
200
17°
do
. do .
do
do
. .do. ..
425
1,092
3 560
3, 007
1, 023
412
1, 085
3 577
3 010
998
418
1,083
3 602
3 053
1, 007
427
1, 141
3 525
2 980
1, 023
428
1,126
3 636
3, 069
1,026
431
1 140
3 63 5
3' 063
l' 030
439
1 158
3 561
3 004
1 034
442
1 165
3 683
3 114
1 026
1
3
3
1
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
1, 654
902
106
269
377
290
1,584
849
104
254
377
277
1,615
861
112
258
384
277
1,677
912
104
268
393
273
1,676
889
111
271
404
292
1 630
877
109
208
377
296
170
958
112
276
378
294
1 671
901
113
276
381
303
1 711
926
110
290
385
308
Nondurable-goods stores 9
\pparel group
IVTen's and bovs' wear stores
Women's apparel accessory stores
Familv and other apparel stores
Shoe stores
Drug and proprietary stores
Fating and drinking places
Food group
Grocery stores
Gasoline service stations
do. __
do
do
do
_do.
do
__
do
do
do
do
do
-
General-merchandise group
. do Department stores, excl. mail-order c?1
do
Mail-order (catalog sales) _ . _
do ...
Variety stores
do
Other general-merchandise stores , „
do - Liquor stores
do
Estimated sales (adjusted) , total
Furniture and appliance group__
Furniture, homefurnishings stores
Household -appliance, radio stores- _
do
do
.do.- -
Lumber, building, hardware group
. . . do
Lumber, building-materials dealers.. . . do
Hardware stores
do
Nondurable-goods stores 9
Apparel group
Men's and boys' wear stores. . ~.
Women's apparel, accessory stores
Family and other apparel stores.
Shoe stores
Drug and proprietary stores
Eating and drinking places.
Food group
Grocery stores
_ _
Gasoline service stations ..
r
_
_
do
do
do. .. do .
do
do
o* 004
449
167
696
133
033
437
204
705
146
083
1
3
3
1
43°
1 26
648
07H
085
447
1 1 59
3 686
3 121
1 042
1
3
'}
1
1 691-)
923
110
282
378
307
1 700
914
117
286
384
306
447
164
728
164
078
1
4
3
1
462
299
r 7<> 1
143
f
J
(}!•">
SM
191
*?05
•>74
5 456
2. 869
1 51
10 1 18
' 91°
1Q3
379
189 ]
159 '
10 ''01
' 9^6
459
1 1 58
465
1 171
*>
19C>
189
T'>»;
3 i~6
1 l)83
'3 IXii
1 67-?
913
115
I 714
936
11*')
370
300
385
318
•>TV
l
Revised.
Advance estimate.
9 Includes data not shown separately.
cTCorrection: 1951 monthly average for combined department-store and mail-order sales (old series) shown in the 1955 edition of Br'sixESS STATISTICS should read $927,000,000.
i f>2(>
161
•X)0
1 ] 9~2
' 079
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted, total
Durable-goods stores
Nondurable-goods stores
.mil. of dol
do
_ . _ -do
Adjusted, total . __,
._. ... ..do . .
Durable-goods stores
do
Automotive group
_.
. d o
Furniture and appliance group
do
Lumber, building, hardware group
do
Nondurable-goods stores
Apparel group
Food group
General-merchandise group
do
do
do
do
Firms with 11 or more stores:
Estimated sales (unadjusted) total 9
*
20, 970
9 700
11,270
22, 010
10 270
11, 740
23, 520
10 950
12, 570
23, 570
11 280
12, 290
23, 390
11 240
12, 150
22. 840
10 920
11,920
22, 730
10 850
11,880
23, 080
10 760
12, 320
23, 300
10 390
12, 910
23, 890
10 390
13, 500
24,780
10 930
13, 850
' 22, 440
10 410
* 12, 030
22, 760
10 840
11, 920
22, 210
10, 160
3,650
1,850
2.330
22, 360
10, 330
3,770
1,890
2, 310
22. 590
10, 450
3.900
1,890
2,290
22, 760
10, 540
3,960
1,910
2,290
23. 000
10, 750
4, 130
1. 920
2,310
23, 190
10, 780
4,100
1,950
2,330
23, 370
10, 840
4.160
1.960
2,350
23, 350
10 850
4,150
1 960
2, 350
23, 230
10 720
3,970
1 970
2. 380
23, 290
10, 720
3, 990
1 960
2.380
23, 590
11,000
4,250
1 980
2,360
r
r
23, 900
11 230
4 470
1 970
2 380
24, 080
11,390
4,680
1,980
2,340
12, 050
2, 650
2,380
3, 830
12, a30
2,710
2, 350
3,820
12, 140
2,770
2,310
3,870
12, 220
2,800
2, 380
3, 830
12, 250
2,740
2,420
3, 860
12, 410
2,740
2,450
3,990
12, 530
2,770
2 500
4,020
12 500
2, 730
2 510
4.040
12
2
2
4
12
2
2
4
12
2
2
4
12
2
2
4
670
720
570
170
12,690
2, 660
2, 60i)
4,170
510
760
480
050
570
780
540
050
590
760
570
080
do
2 316
2 255
2 632
2 906
2 721
2 778
2 729
2 713
2 896
2 949
2 994
4,029
2,449
Apparel group 9
Men's and boys' wear stores
Women's apparel accessory stores
Shoe stores
do
do
do
do
126
12
48
41
113
10
44
37
174
14
67
56
212
17
81
79
178
15
72
62
176
16
66
64
146
11
60
54
143
9
61
50
185
12
69
68
196
17
76
62
201
20
78
59
316
33
128
91
128
11
48
43
Drug and proprietary stores
Fating and drinking placesr
Furniture homefurnishin° s stores
do
do
do
60
53
23
57
50
24
60
56
32
64
56
26
62
58
31
62
60
28
65
62
27
62
63
30
63
62
27
65
63
33
63
60
35
99
B3
33
62
56
25
565
267
536
240
687
327
807
389
760
377
774
378
706
346
781
369
827
404
874
425
938
428
1 470
692
596
281
80
140
1 083
50
42
73
144
1 071
54
42
93
170
1 166
61
49
116
215
1 253
68
57
105
186
1 135
75
56
110
190
1 164
80
63
103
181
1 212
77
69
117
192
1 121
84
64
120
200
1 225
81
57
130
212
1 200
78
59
141
224
1 175
70
58
221
456
1 417
58
85
1,145
do
2 754
2 717
2 778
2 774
2 825
2 784
2 809
2 836
2 875
2 820
2 898
2 916
2, 937
do
do
do
do
do
do
do
181
15
69
62
63
56
31
169
15
66
56
63
57
30
178
15
68
61
63
57
30
175
15
70
60
66
57
28
181
16
71
61
64
57
28
172
15
67
57
64
59
28
179
15
72
60
66
59
30
177
15
70
59
64
60
29
181
15
70
61
66
60
28
182
16
72
60
65
60
30
189
16
73
64
66
62
29
185
16
74
60
70
62
9
8
184
14
70
66
67
60
33
812
393
' 758
357
802
380
795
379
800
369
780
359
814
383
819
386
839
397
800
376
833
388
820
384
861
417
114
206
1,127
66
55
107
197
1,164
70
55
115
205
1,168
70
55
112
205
1,170
69
58
117
211
1,193
73
55
113
206
1,184
70
55
121
205
1,161
71
60
119
210
1, 191
71
58
126
215
1 203
69
60
120
205
1 185
68
59
121
216
1 208
69
59
120
208
1 240
69
60
1,218
163
276
140
268
132
266
137
267
139
267
135
266
125
266
125
268
137
274
148
282
163
296
217
333
178
330
44
14
43
14
48
15
44
15
45
15
46
15
43
14
46
14
45
15
47
15
47
15
46
15
43
14
45
43
12
45
43
12
44
44
12
45
44
11
45
44
11
46
43
11
45
42
13
45
42
13
44
44
12
44
43
13
44
44
12
if, '
46
43
11
45
42
13
General-merchandise
°roup 9
Dep n rtment stores
Dry-goods, other general-merchandise
mil
Variety stores
Grocery stores
L/umber buildinp-matenals dealers
Tire battery accessory stores
Fstimated sales (adjusted) total 9
Apparel group 9
IVTen's and boys' wear stores
Women's apparel accessorv stores
Shoe stores
Drug and proprietary stores
Fating and drinking places
Furniture homefurnishings stores
do
do
stores
of dol
do
do
do
do
General-merchandise group 9
do
Department stores
do
Dry-goods, other general-merchandise stores
mil of dol
Variety stores
do
Grocery stores
do
Lumber building-materials dealers
do
Tire battery accessory stores
do
Department stores:
Accounts receivable, end of month:
Charge accounts
1947-49=100
Installment accounts
do
Ratio of collections to accounts receivableCharge accounts
percent
Installment accounts
do
Sales by type of payment:
Cash sales
percent of total sales. „
Charge account sales
do
Installment sales
do
Sales unadjusted total U. S t
\tlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
New York. _
Philadelphia
Richmond
St Louis
San Francisco
-
Sales, adjusted, total U. S.J
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
.
53
44
124
213
71
59
91
88
100
114
116
110
98
105
123
128
148
212
»>95
do
do
do
. -- do
do
do
106
90
88
87
129
90
98
93
120
104
141
108
114
112
136
123
134
111
116
110
133
119
121
107
112
104
120
113
122
82
96
96
123
111
129
86
103
104
129
117
136
120
123
116
131
127
154
115
126
125
146
131
165 •:
141
147 •
147 :
155
142
255
206
v 114
94
107
82
84
83
103
89
80
86
86
91
92
r
98
81
82
83
91
89
93
88
93
101
111
101
97
108
99
109
125
118
112
108
101
114
129
120
116
95
100
107
118
106
113
89
77
90
107
102
107
102
82
92
112
109
118
119
111
124
138
122
123
126
116
125
140
135
126
126 '
139 i
159
164
149
145
120
112
115
119
117
114
124
118
121
122
122
' 138
114
116
111
' 141
124
134
109
109
108
129
114
133
107
114
107
134
120
142
108
119
116
142
126
137
111
117
113
134
120
136
107
114
108
132
118
152
114
122
124
145
136
143
107
115
114
139
124
140
112
118
116
131
127
148
114
120
120
138
125
142
116
121
118
136
124
112
108
120
134
119
126
109
109
120
132
122
126
110 i
110
121
134
124
125
r
do .
__.do--_
do
_. do
do
do. -
.do...
do . do,- _
do
do .
... -do
do •
111
r
r
r
107
107
103
112
111
108
103
Minneapolis
do
107
r
105
104
101
109
108
102
103
New Y ork
.. . _
, do . .
106
121
114
* 114
111
115
115
108
114
Philadelphia,
. .
do
136
134
129
128
123
122
133
126
Richmond
do
132
122
108
116
120
114
123 !
120
St. Louis
do
r
123
122
118
118
126
120
118
118
San Francisco
-_do. ..
T
Revised.
*» Preliminary.
9 Includes data not shown separately.
I Data for 1946-55 have been revised to reflect current seasonal patterns and to .allow for changes in the samples used in computing the
for total United States appear on p. 24 of the October 1955 SURVEY; unpublished revisions for the districts are available upon request.
87
144
1947-49=100
r 9Q4
r
r
205
246
211
' 180
194
r
213
237
'208
r
x>91
P114
*>94
P83
"90
p90
p 95
*94
P 100
123
••124
147
114
121
119
148
111
121
117
144
123
124
110
110
122
' 13 2
125
123
i- 93
p87
?92
217
' 146
'
1
!
!
» 119
117
114
120
138
126
129
unadjusted indexes. Revisions beginning with 1946
SURVEY OF CURRENT BUSINESS
Mnrch 1056
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-ll
I1)55
January
February
March
April
May
June
1956
DecemAugust SeptemOctober November
ber
ber
July
January
February
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores — Continued
Stocks, total U. S., end of month:!
Unadjusted
Adjusted
Mail-order and store sales:
Total sales, 2 companies
Montgomery Ward & Co
Sears, Roebuck & Co
117
123
127
124
129
124
127
123
121
127
119
127
126
129
135
129
145
129
148
131
r
thous. of doL. '266,318
243, 149
do_ ._ r 53, 462 T 52, 573
212,856 190, 576
do
319. 249
76, 420
242, 829
376, 049
88, 607
287, 442
370, 491
84, 767
285, 725
377,031
83, 922
293, 109
347, 362
74, 182
273, 179
380, 967
87, 181
293, 786
391,258
92 071
299, 187
414, 465
102, 795
311, 670
8,690
2,720
5, 970
8, 450
2,800
5, 650
9.700
3, 270
6, 430
9, 140
3, 220
5, 920
9, 320
3, 270
6. 050
10, 110
3,450
6, 660
9. 660
3 190
6 470
10, 540
3 570
6 970
10,730
3 640
7 090
11,740
5,650
6,090
11,770
5, 850
5, 920
11,620
5, 940
5. 680
11.570
6. 000
5, 570
11,550
6, 060
5, 490
11 660
5 950
5 710
11 870
5 970
5 900
">2 180
6 000
6 180
1947-49=100
. . do
_
' 111
»• 124
119
134
r 122
431,702
110, 174
321 , 527
570, 391
146 155
424, 236
286, 607
58, 523
228, 084
10, 500
3 590
6 910
10,600
3 530
7 070
«• 10, 180
3 410
T
6 770
9, 360
3 130
6 230
12 600
6 060
6' 540
12 620
6 060
6* 560
12 290
6 080
6 210
12 480
6 280
6 200
r
"137
279, 770
62 142
217,628
WHOLESALE TRADE
Sales, estimated (unadj.), total
Durable-troods establishments
Nondurable-goods establishments
mil. of doL.
do
do
Inventories, estimated (unadj.), total _ _ _ . _ do _ .
Durable-eoods establishments
do
Nondurable-goods establishments
_ _ _
do
1 1 . 520
6 040
5, 480
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. Armed Forces overseas.-
.-thousands.. 163, 930
164, 158
164, 367
164, 595
164, 799
165, 023
165,248
165, 495
165, 762
166,022
1 6(1 280
166, 512
166, 738
166, 966
Noninstitutional population, estimated number 14
years of age and over, total©
thousands- . 116,855
116,901
117,051
117,130
117,236
117,318
117,404
117,517
117.634
117,749
117,864
117,995
118,080
118, 180
do
66, 700
66, 550
fifi, 840
67, 784
68, 256
69, 692
70, 429
70, 695
69, 853
70, 250
70, 164
69, 538
68, 691
68. 396
..do
_
do
_ do. ..
do
do-__
63, 497
60, 150
5, 297
54, 853
3,347
63,321
59, 938
5, 084
54. 854
3, 383
63. 654
60 477
5, 692
54, 785
3, 176
64 647
61 685
6,215
55, 470
2,962
65 192
62 703
6, 963
55, 740
2,489
66, 696
64 016
7, 681
56, 335
2. 679
67 465
64 994
7 704
57, 291
2 471
67 726
65 488
7 536
57, 952
2 237
66 88'}
64 7^')
7 87^
56, 858
2 149
67 992
65 161
7 905
57. 256
2 131
67 206
64 807
6 920
57, 887
9 398
66 592
64 165
5 884
58, 281
2 427
65 775
62 891
5 635
57, 256
2 885
65 490
62 576
5 460
57, 107
9 914
50,156
50, 352
50,212
49, 346
48, 979
47, 626
46 975
46 823
47 781
47 499
47 701
48 457
49 388
49 784
47, 741
47, 753
16, 060
9,220
6,840
48 212
16, 201
9 323
6,878
48 643
16, 255
9 418
6,837
48 918
16, 334
9 501
6, 833
49, 508
16, 577
9 624
6, 953
49 420
16 475
9 511
6,964
49 858
16 807
9 578
7, 229
50 3°2
16 915
9 645
7,270
50 471
16 999
9 762
7,237
50 6°9
17 049
q §67
7,182
T 51 311
r 17 Q26
739
739
742
760
749
758
97
37
205
97
34
208
99
37
211
754
90
35
209
93
35
208
100
31
°09
751
100
35
209
754
100
r 100
211
36
21°
297
106
2 526
3,997
1 196
120
755
306
107
2 615
4, 081
1 224
118
760
308
108
2 701
4,113
1 240
112
762
309
109
2 746
4, 137
1 246
113
773
305
110
2 748
4,152
1 24°
116
791
'302
107
2 580
4,143
302
104
9 422
' 4, 165
115
809
114
815
700
42
EMPLOYMENT
Total labor force, including Armed Forces
Civilian labor force, total , _ -._
Employed
Agricultural employment
Non agricultural employment
Unemployed
. .. _
Not in labor force
.._ -
_ . do
Employees in nonagricultural establishments:
Total unadjusted (U. S. Dept. of Labor)
do
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 9
do
Interstate railroads
do
Local railways and bus lines
do
Trucking and warehousing *
do
Telephone _
__
.
do
Telegraph
do-__
Gas and electric utilities
do
15, 925
9, 113
6,812
741
94
43
211
94
40
210
95
38
208
294
100
2 237
3,927
1 153
122
724
293
100
2. 169
3, 937
1 152
'121
732
296
102
2 255
3,966
1 157
121
744
693
41
553
696
41
553
700
41
554
667
42
554
674
42
557
715
42
565
727
42
571
731
42
572
728
42
566
299
108
2 685
4,127
1 ^36
115
800
715
43
561
295
105
2 399
3, 939
1 1 59
120
748
r 9 88()
' 7', 137
754
r 35
1 99*i
r
735
42
560
r
P 49 446
v 16* 778
q 813
P q 744
' 7, 025 v 7, 034
49 ^21
r lg' 83S
r
r
r 74>T
n 74.7
•f ]()()
•}(\
p 100
9H
r, 91 q
r
297
T
1Q3
p 1QO
r 9 9^W
' 4, 096 r> 4, 089
114
707
49
Ken
Wholesale and retail trade
Wholesale trade
Retail trade $
General-merchandise stores
Food and liquor stores
Automotive and accessories dealers
do
do
do
do
do
do
10, 419
2,817
7 602
1,327
1,462
749
10, 309
2,806
7 503
1,269
1,467
749
10, 408
2 813
7 595
1, 305
1,471
755
10, 549
2 804
7 745
1,372
1.478
763
10, 534
2 801
7 733
1,342
1,487
768
10, 643
2 826
7' 817
1, 349
1,503
777
10, 633
2 858
7 775
1,313
1,506
785
10, 638
2 863
7 775
1,315
1,499
788
10, 824
2 87°
7 94 5
1, 395
1,516
785
10, 909
2 909
8 000
1,444
1.527
785
11,126
9 942
1,570
1, 555
790
' 1,953
' 1, 388 T 1, 323
' 1,
587 •• 1. 560
•p 1 . 560
r
802
-783
v 778
Finance, insurance, and real estate
Service and miscellaneous?
Hotels and lodging places
Laundries
_. _
Cleaning and dyeing plants
Government
do
do
do
do
do
do
2,124
5, 533
456
326
153
6 835
2.132
5, 536
462
324
150
6 873
2,150
5,571
463
325
154
6 922
2, 161
5. 674
480
329
157
6 997
2, 171
5, 733
' 488
333
160
6 881
2,206
5, 775
514
338
161
6 851
2, 237
5,816
574
339
156
6 696
2, 241
5,818
575
338
151
6 717
2 223
5| 791
509
336
155
6 911
2, 216
5, 730
472
334
157
7 054
2, 213
5, 690
461
333
156
'2,219
v 2, 222
<• 2, 210
' 5, 657 ' 5, 602 p f l , 611
458
453
do
do
do
do
48 404
15 993
9 124
6, 869
48 170
16 091
9 211
6, 880
48 760
16 229
9 300
6.929
4S 882
16 380
9 405
6, 975
49 'M2
16 545
9' 523
7, 022
49 514
16 688
q (527
7, 061
49 638
16 635
9 618
7,017
49 718
16 661
9 615
7. 046
49 835
16 691
49 9 50
do
do
do
do
do
do
do
741
2 486
3,974
10, 574
2, 145
5, 646
6 845
741
2 451
3,984
10, 541
2, 154
5,649
6 859
739
2 483
3^986
10, 633
2,161
5,656
6 873
743
2 502
3,946
10, 600
2,161
5,674
6 876
749
2 539
4, 000
10, 655
2,171
5, 676
6 907
756
9 514
4, 064
10.711
2,184
5, 690
6 %7
757
2 546
4,082
10, 765
2,204
5,730
6 Q1Q
747
2 5iQ
4, 106
10.797
2,208
5,732
6 948
2 ^37
4, 135
10, 824
2.223
5, 705
6 966
4.116
10, 801
2,227
5,730
12, 523
7 182
12, 649
7 282
12, 778
7 375
12,816
7 457
96
12, 882
7 530
94
94
13, 086
7 630
12, 951
7 499
91
90
89
89
13, 262
7 553
13, 373
7 62^
88
K7
Total, adjusted cf
Manufacturing
_ _
Durable-goods industries
Nondurable-goods industries. -Mining
Contract construction
tf
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Service and miscellaneous
Government cf
Production workers in manufacturing industries:
Total (U. S. Dept. of Labor)
thousands..
Durable-goods industries
_
do
Ordnance and accessories
do
r
q' (y;$4
r 11, 753
2 959
' 10, 850 p 10,720
, 9 Q1 0
001
153
152
p 50, 179
1 n' 009
Q 7'-Ui
7, 086
7, 136
' 7, 120
750
' 7, 082
P 7, 076
T
4,132
10, 868
2,224
5,719
747
P 751
r
2, 509
r 4, 154
'
4,
145
v
4,
138
r
10, 946 ' 11, 012 f 10, 962
' 2, 230 ' 2, 232 p 2, 244
«• 5, 714 ' 5, 716 P 5, 726
13,446
13, 498
7 ^90
«4
r 13, 464 ' 13, 281 P 13,204
fi4
2
6
c 19
QQ1
v 7, 687
C1
09
n Q1
Revised.
» Preliminary.
\ See corresponding note on p. S-10.
eBeginning July 1955 estimates relate to the calendar week which contains the 12th of the month (except December 1955 estimates which cover the week of Dec. 4-10); earlier data relate
to the calendar week containing the 8th of the month.
9 Includes data for industries not shown.
New series. Figures relate to establishments primarily engaged in local or long-distance trucking, transfer, and draying services or in the storage of farm products and other goods
cf Keliects preliminary revisions for seasonally adjusted estimates of total employment and the construction and Government divisions; revisions beginning January 1953 \\ill be shown
later.
SURVEY OF CURRENT BUSINESS
S-12
March 1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in mfg. industries — Continued
Total (U. S. Dept of Labor)— Continued
Durable-goods industries — Continued
Lumber and wood products (except furniture)
thousands. Sawmills and planing mills
~do_ . _ .
Furniture and
fixtures
do
Stone, clay, and glass products .
__do
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
thousands.. _
Primary smelting and refining of nonferrous
metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands- Machinery (except electrical)
do
Electrical machinery _. _ . _ _
_.
do
Transportation equipment 9
do
Automobiles
__
.
do
Aircraft and parts
do
Ship and boat building and repairs
do
Railroad equipment . . . . . . . .
_ _ _ _ do Instruments and related products
do
Miscellaneous mfg. industries
_
do
631
350
293
430
1,013
639
353
296
434
1,032
634
355
298
442
1, 057
651
360
297
450
1,076
683
373
298
456
1,096
727
389
300
466
1 115
720
387
298
460
1,098
731
393
313
472
1 112
726
387
320
479
1 134
716
381
323
478
1 135
498
508
520
531
544
557
560
564
568
559
53
53
53
54
54
55
44
51
55
55
55
834
1,109
800
1,400
730
523
104
38
217
360
844
1, 125
803
1,426
750
523
106
41
216
371
860
1,144
803
1,447
773
520
108
40
219
377
868
1, 164
804
1,462
789
518
107
41
218
376
1, 174
809
1, 456
789
509
109
42
211
379
884
1 182
816
1 447
782
503
113
41
220
385
863
1,160
802
1,420
761
502
108
42
219
372
877
1 155
818
1 379
722
501
105
43
220
388
894
1. 149
855
1 357
689
510
103
46
223
400
904
1 194
885
1 378
711
512
101
46
225
407
912
1,213
870
1, 484
'811
519
99
46
225
405
5,341
1,007
256
72
135
168
107
5,367
985
250
73
125
169
105
5,403
991
248
74
128
169
109
5, 359
1,011
246
78
142
169
114
5 352
1.035
251
83
149
171
118
5 456
1,089
255
89
183
174
122
5 452
1,150
257
90
233
174
129
5 709
1,250
259
88
327
172
127
6 750
1. 245
263
83
325
173
122
5 717
1,191
265
78
260
175
120
91
977
444
192
89
985
446
196
83
985
445
197
80
983
446
196
80
965
431
197
82
974
433
202
79
954
429
194
105
986
440
206
114
989
438
208
1,069
437
221
1, 101
437
222
1,110
439
222
1,057
441
223
1,041
444
223
1,058
451
226
1,025
448
227
1,101
459
229
512
534
207
169
132
209
85
336
225
512
535
209
170
132
209
87
345
228
516
548
212
172
133
212
87
347
227
516
551
214
173
132
211
89
337
222
516
550
215
175
134
216
90
331
218
521
545
217
176
135
219
91
342
225
518
542
219
177
135
216
92
342
225
Production workers in manufacturing industries, adjusted:
Total
._
-thousands _
Durable-goods industries
do
Nondurable-goods industries
_
do
12, 586
7,191
5,395
12,673
7,269
5,404
12, 798
7, 350
5,448
12, 934
7,443
5,491
13, 081
7, 549
5,532
13, 200
7,634
5,566
Production workers in manufacturing industries :
Indexes of employment:
Unadjusted
1947-49=100.\djusted
do
101.2
101.8
102.3
102.5
103.3
103.5
103.6
104.6
104.1
105.8
2, 116.4
207.0
2, 122. 1
207.5
2, 127. 4
207. 3
1,033
1, 035
78.0
78.1
78.1
78.7
144.4
146.6
Nondurable-goods industries
Food and kindred products 9
Meat products
__
Dairy products
Canning and preserving
Bakery products
Beverages
_
do
do
do
do
do
do
do
Tobacco manufactures
_
.
do
Textile-mill products 9 -- do .
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
thousands-.
Paper and allied products
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
thousands. _
Chemicals and allied products
do
Industrial organic chemicals
do
Products of petroleum and coal
do
Petroleum refining
_
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
do _ _
Footwear (except rubber)
do
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States, continental
thousands. . 2,113.2
206.1
Washington, D. C., metropolitan area
do
Railway employees (class I steam railways) :
1,037
Total
thousands
Indexes:
78.2
Unadjusted
1947-49=100
77.5
Adjusted
_
_.
.. __
do _ .
696
'372
323
477
1,151
' 564
665
362
32!
r
470
<• 1. 160
568
r
(538
354
'318
' 465
1 , 1 f 52
p G40
» 320
» 4(>2
p 1 , 1 59
568
55
'872
' 1,511
825
525
104
48
'226
' 395
' sin
" 877
' 1, 249 r 1, 259
" 859
"854
' 1, 495 P 1, 423
805
529
106
49
22(5
P 226
'381
' 38G
5, 659
1, 130
'269
75
'201
175
'116
'5,617
' 1,071
270
73
159
175
112
'5.515
' 1,012
264
71
139
170
106
113
991
439
210
101
998
'441
211
'97
'999
443
207
1.115
462
229
1,123
464
229
1, 135
465
'232
' 1, 139
'463
231
520
543
218
176
134
217
91
351
229
530
553
218
174
132
223
92
346
224
635
657
218
172
130
226
92
344
222
539
557
••218
171
'130
231
94
332
211
537
'559
220
170
130
234
95
'348
228
13, 119
7, 609
5,510
13, 127
7, 592
5,535
13. 160
7,614
5,546
13, 270
7,701
5, 569
13, 412
7,797
5, 615
105.8
106.7
104.7
106.1
107.2
106. 1
108.1
106. 4
108. 7
107.3
109.1
108.4
2, 132. 9
207.7
2, 157. 4
211.3
2, 161. 3
211.9
2, 164. 5
211.5
1,040
1,081
1,109
1,121
1 126
1 122
1, 115
78.4
79.5
81. 6
80.5
83.7
81.9
84. 6
82.8
85.0
83.5
84. 7
84. 5
84.2
86.0
146. 7
150.1
152.1
151.0
154. 6
158. 7
161.2
40.8
41.6
40.8
40.7
41.2
40.9
40.4
40.9
40.3
40.6
41.1
40.4
40.9
41.4
41.0
41.0
41.7
40.7
41.8
41.6
41.8
42.5
41.6
41.9
41.5
40. 5
40.9
40.6
41.3
40.6
41.5
42.1
42.0
41.9
40.5
2. 146. 9 2, 146. 1
209.6
209. 2
' 908
r 1, 236
'92
' 991
443
202
v 5. 517
* 996
r 90
p 987
' 1, 123 P 1. 145
457
f 454
228
529
' 561
221
' 169
130
' 233
95
' 348
p 529
p 501
P IC'.S
" 229
" 3,53
' 13, 399 ' 13, 341 v 13,225
' 7, 803 ' 7, 770
' 5, 596 ' 5, 571 » k 552
' 108. 9
108. 3
' 107. 4 " lOfi. 8
' 107. 9 * 100. 9
2, 142. 2 '! 2, 41 0.0 2, 130. 1
209.6 ' i 214.6
207. 6
1,107
1. 103
1,080
1 074
"83.0
r
84. 8
9 81. 2
p 80. 5
'SO 7
p H). 0
163.9
' 163. 9
'158.9
* l.")8 0
41. 1
41.7
41.0
41.2
'41.8
'41.3
41 3
' 42. 0
43. 3
40. 6
' 41. 2
'41.2
P 40 fi
''412
"41.8
41.0
41.4
42.3
41.9
41.8
41.1
41.5
42.4
41.9
41.6
' 40. 4
'41.4
'42.0
41.6
'41.6
41.0
41. 8
42.3
' 41 9
'41 9
' 40. 5
40. 7
' 41.0
' 41 1
41. 8
* 40. 2
'83.6
' 85. 5
PAYROLLS
Manufacturing production -worker payroll index, unadjusted (U S. Dept. of Labor)
1947-49=100
141.5
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
40.4
40.3
40.2
40.6
All manufacturing industries
_
hours
41.1
40.9
41.2
41.4
Durable-goods industries _ _ _
_
_ do
40.5
40.6
40.6
40.0
Ordnance and Taccessories
._
-do . _.
Lumber and w ood products (except furniture)
40.4
40.8
40.7
40.8
hours-.
41.2
41.1
40.6
40.7
Sawmills and planing mills .
do
40.5
41.3
41.3
40. 3
Furniture and fixtures do ._
40.6
41.3
41.3
40.6
Stone, clay, and glass products
do
40.4
40.6
40.9
41.2
Primary metal industries 9 _
_ do
Blast furnaces, steel works, and rolling mills
40.2
40.5
39.7
39.8
hours- Primary smelting and refining of nonferrous
40.4
40.6
40.5
40.6
metals.- _ . _ - ...
hours
Fabricated metal prod, (except ordnance, ma41.2
41.4
41.1
41.2
chinery, transportation equipment)
hours. 41.6
40.8
41.4
Machinery (except electrical)
do
41.0
r
1
Revised.
v Preliminary.
Includes temporary Post Office employees hired during
9 Includes data for industries not shown.
40.9
41.0
40.1
39.9
41.4
40.6
'40.7
41.3
41.7
40.7
40.5
40.5
38.8
41.4
41.2
41.1
41 4
41 5
41.6
42.1
41.3
42.1
41.2
41.4
41.6
41.6
41.8
42.1
42.2
42.3
'41.9
42.4
'41.9
' 43. 2
41.1
42.7
p 4d P
f 41 3
p 41 1
P 41.5
c 42. 7
Christmas season; there were about 280,000 such employees in continental U. 8. in December
SUEVEY OF CURRENT BUSINESS
Mnrrh 1!>">6
S-13
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
™™- | March
April
May
June
1956
DecemOctober NovemAugust September
ber
ber
July
January
February
EMPLOYMENT AND POPULATION—Continued
ONS— Continued
>rkcr, etc. — Continued
es, etc. — Continued
—Continued
...
hours ent 9
do
_do
do
...do_- do
do
40 4
42 4
43 8
41.1
39 5
39 4
40.5
40.5
40 5
42 7
44 3
41.3
39 6
39 5
40.5
40.6
40 6
42 1
43 5
40 7
39 6
40 0
40.3
40.1
40 8
42 7
44 3
41 0
39 9
40 1
40.6
40.5
40 6
40 3
40 0
41 0
39 8
40 7
40.8
40.5
39 8
41 7
42 5
41 2
39 1
40 5
40.2
39.7
40 6
41 1
41 5
41 0
39 1
40 9
40.6
40.3
40 3
41 2
41 3
41 4
39 5
40 8
41.2
40.9
41 6
41 5
41 9
41.5
39 0
39 8
41.4
41.3
do
do
do
do
... _ do
do
do......
39 3
40 8
41 7
43 3
37.7
40 4
39.4
39 5
40 5
40 0
43 3
38 2
40 5
39.7
39 7
40 5
40 5
43 2
38 0
40 4
40.2
39 0
40 3
40 0
43 0
37 7
40 3
40.5
39 6
41 1
41 3
43 8
38 3
41 i
40.7
39
41
41
44
39
41
40
9
5
3
o
3
4
7
39
41
41
44
39
41
42
7
9
7
8
7
4
2
39
41
41
43
39
40
41
9
1
6
7
2
9
4
40
41
42
43
39
41
40
1
7
9
5
9
*?
9
40
41
42
42
39
41
40
3
6
g
9
9
o
0
do-do
do._
. do
37.7
39 6
39.9
37 4
37
40
40
38
37
40
40
38
6
0
1
4
36 4
38 7
39 1
38
39
40
37
8
5
0
5
39 4
39 8
40 0
38 1
38
39
40
37
3
6
3
7
39 9
40 2
40 7
38 6
40
40
41
38
4
~i
o
5
41
40
41
39
0
g
2
4
36.0
42.3
43.7
36.7
42 5
43.8
37.1
42 8
44.0
35.6
42 5
43.7
36. 3
42 9
44.0
36.6
43 0
44.1
36.0
43 1
44.5
36.9
43 ?
44.4
36.8
43 6
44.5
37.2
43 5
44.6
38.2
41 1
40.7
40 8
40.9
41 3
41 1
37.9
37.5
38.4
41 2
40 8
40 2
40 2
41 3
40 7
38 8
38 5
38.8
41 4
41 0
40 7
40 4
41 0
40 3
38 5
38. 1
38.5
41 3
40 9
41 0
40 7
41 8
42 4
36 6
36 0
38.7
41 3
41 0
41 4
41 o
42 0
49 i
36 7
36 0
38.7
41 4
41 1
41 2
40 6
42 3
43 1
37 9
37 5
38.7
41 9
40 9
41 3
40 8
41 3
49 7
37 7
37 4
38.9
41 2
40 8
41 0
40 4
41 3
42 i
38 3
38 1
39.3
41 5
41 1
41 3
40 8
41 5
41 4
37 2
36 3
39.1
41 5
40 8
41 6
41 4
4^ 0
42 0
37 6
36 6
42.8
31 9
37. 1
42 0
36 3
37 8
41 6
31 9
36 9
41 1
28 8
37 2
42 2
30 8
37 4
42 2
35 1
39 0
41 2
35 5
38 2
42 1
33 5
37 5
r o*j 9
42 8
36 5
42 8
r 35 7
37 4
41.7
42.4
35.4
36.8
35 1
39.9
41.6
35. 3
37. 9
34 7
40.1
43. 6
36. 6
39. 6
35 9
40.2
43 9
36.0
38 2
35 4
41.2
45 3
37.4
40 2
36 7
40.1
45 3
37 7
41 2
36 7
40. 8
45 4
38 2
42 1
37 2
40.1
45 8
37 7
41 6
36 7
40.8
45 9
38 5
49 g
37 4
41.0
45 6
37 4
41 4
36 3
r 44 g
r ^5 5
r 3g 5
42. 5
38.9
41.3
40.9
42 9
39 0
41.3
40 9
42 8
39.0
41.5
40.8
43 0
39 4
42.0
40 9
43 3
39 8
42.3
41 0
43
39
42
41
43
40
42
41
43
40
42
41
43
40
42
41
42
39
42
41
42
r 40
41
41
ng and repairs
d products
ustries
ries
ucts 9
ing
..
nills
bed textile products
hours.,
cts. .. -.
do...
>er board mills
do
nd allied industries
hours,
roducts
do
emicals
do
and coal
do
do
>
xlucts
)ber)
ies:
r
40.3
42 1
43 0
41.5
39 4
40. 1
40.2
40.2
do
. .-do
do
do. ..
do
do.
latural-gas production:
al-gas production . .hours. .
d quarrving. _ _ _ _ d o
do
on
_ _ ... -.do_ -..
do
ic utilities:
lines
do
do- _ .
do....
s.
.-do
e:
.. .
....do. ing and drinking places) 9
hours .
stores
do
>.s
...do
ssories dealers
do . . .
s:
do
do
ants
..do......
0
0
1
2
9
4
3
1
2
0
2
4
3
2
4
6
0
1
4
4
4
9
2
Q
41 6
' 42 7
r 44 1
' 41 6
38 2
40 3
41.5
' 41. 1
40 3
r 41
r
r
'
r
5
44 5
42 5
36 5
40 9
39.9
r
r
41 .r,
41 9
42 1
42.2
39 7
41.2
41.4
41.2
r
40 9
r 40 6
40 1
41.6
39 0
40. 5
' 40. 8
'40.5
v 40 6
P 40 7
40 4
41 8
44 5
42 6
38 3
40 8
39. 9
r 39 g
P 39 g
P 40 6
4
2
6
6
r 39 2
41 2
41 8
38 f}
r
37. 0
r 43 5
'44. 9
38
41
41
39
39.1
r 41 7
r 41 3
r 41 0
r 41 0
r 42 4
r 49 0
37 9
37 0
r 42 4
32 9
r 30 1
' 40. 4
34 7
9
2
9
5
40.4
40 3
40. 3
40 3
40 6
40 6
40 9
40 6
40 7
40 7
r
38.9
35.3
38.0
44.0
38.9
35.1
37.9
44.2
38.8
35. 2
37. 6
44.2
38.6
34.7
37.6
44.2
38.8
34. 6
37.7
44.1
39. 1
35.4
38 3
44 2
39.7
35. 9
39.1
44 1
39.6
35.7
39 1
43 8
39.1
35.0
38 4
44 o
38.7
34.8
38 1
43 7
r
42.1
40 0
39.0
41 8
39 8
38.0
41 7
40 2
39.2
41 6
40 3
39.7
41 2
40 8
4LO
41 3
40 4
40 1
41 3
40 6
39 2
41 6
40 0
38 5
41 9
40 3
40 3
41 5
40 6
40 2
number. .
thousands
225
50
250
90
300
165
325
210
375
170
500
500
425
750
450
400
240
400
2°5
nil in bo r
325
80
400
380
125
570
450
220
1 600
500
310
2 600
575
310
2 600
700
650
3 400
650
900
3 200
650
380
3 000
600
430
2 800
600
320
2 600
475
190
397
373
453
480
549
548
514
603
692
587
en A
1,519
1,962
1,038
1,880
1 005
1,657
1 009
1,471
910
1 , 263
898
1,121
969
1,092
877
961
725
858
794
784
1,670
170 882
1.694
165 469
1.000
178 762
1,345
135 779
1 136
117 402
1 057
108 861
924
9 1 602
839
92 834
763
83 1 69
44
92
105
10, 198
35
95
111
10, 224
33
88
107
11,337
25
69
86
8, 423
25
55
66
6, 739
40
56
64
6,606
32
59
68
6, 764
37
60
70
7,681
24
47
62
6, 528
3.3
2.9
.2
1.5
1.0
.3
3.2
2.5
.2
1.1
1.0
.2
3.6
3.0
.2
1.3
1.3
.2
3.5
3.1
.3
1.2
1.5
.2
3.8
3 2
.3
1 l
1.5
.2
4.3
3 2
.3
1 2
1.5
.2
3.4
3 4
3
13
16
.2
4.5
4 0
3
1 3
2 2
.2
4.4
4 4
3
1i
28
2
41 4
43 5
42 7
38 6
40 5
39.7
r
38
r 40
41
37
3
4
0
9
P 37 7
p 40 5
37.1
43 g
45. 1
'36.4
43 2
45.0
*> 37. 3
p 49 9
' 39. 6
41 8
41 4
41 0
41 0
r 41 3
39 8
39 1
38 8
- 38. 6
^38.4
42 9
34 6
39 6
43 0
35 1
38 6
40.4
44 0
36 7
39 5
36 1
42.1
43 0
36 0
38 5
35 5
43
39
42
41
42
39
41
41
7
7
o
4
r 41 4
r 41 1
41 2
40 9
40 9
' 38 8
38 8
r
40 8
40 6
39.4
37.1
37 9
44 0
38.7
35. 2
37 1
43 9
41 6
40 5
39 6
41 5
40 3
39 3
175
50
250
r 41
(•)
r 39 5
P
4fi fi
'"
v 4H 1
v
38 9
4
4
7
4
38. 5
34.5
r 43 7
p 41 '4
41 °
40 7
r 37 g
*41. 1
*> 40. 6
nd lock-outs) :
.thousands .
)nth
_
do
lacement activities:
s
thousands
n, State laws (Bureau of
._. .. ..
thousands .
Bekly average
do
raged
1
Dwances:
do
thous of dol
_ thousands. _
eekly average .
do
ge
do
thous. of dol. .
iring establishments:
V rate per 100 employees-..
do
do....
do....
us
r
do
Revised.
*> Preliminary.
9 Includes data for industries not shown.
d"Beginning 1955 includes data relative to UCFE (January 1955 initial claims, 29,000; beneficiaries, 2,700; benefits paid, $307,000).
*>25
90
ojr
350
OC/-Y
2 000
2 000
937
863
1 193
1. 123
1 349
' 1, 466
672
70 091
685
861
1 200
20
35
42
4,243
27
37
40
4,132
39
47
51
5, 230
36
58
66
4. 1
35
3
12
18
.2
3.3
31
3
1 2
1 4
'.2
'2.5
r 3 0
9
14
11
.2
190
6, 726
* 3. 3
36
P 3
P 1 7
j> 1 4
p .2
p
Vi~508
SURVEY OF CURRENT BUSINESS
S-14
Mnn-h 1950
19 55
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
ID 56
July
August
Septem- October Novem- December
ber
ber
January
February
78 36
T 84 87
8 7 76
* 78 30
f 84 46
P 89 03
7
66. 42
66 75
r 67 24
7
78. 09
v 65. 93
» 95 35
EMPLOYMENT AND POPULATION—Continued
WAGES
Average weekly gross earnings (U. S. Department of
Labor):
All manufacturing industries
dollars
Durable goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars..
Sawmills and planing mills
do
Furniture and fixtures
do
Stone, clay, and glass products.
-do
73. 97
80. 16
81.20
74.74
80.56
82. 22
75 11
81 56
82 42
74 96
81. 58
82 42
76 30
82 78
82 82
76 11
81 99
83 44
76. 36
82 62
82 62
76 33
82 61
82 42
77 71
84 46
85 28
78 50
85 07
85 28
79 52
86 1 1
86 73
66.34
66 75
63.99
73. 49
66.50
67 57
65 67
73. 49
66. 10
66 9Q
65 67
74. 75
67. 06
67 40
64 48
75. 17
68. 47
69 64
64 71
76 91
71.90
73 10
66 98
77. 52
69. 66
70 35
64 96
77. 23
72. 21
72 83
68 46
77. 93
70.93
71 62
69 37
79.19
71.10
71 80
69 96
78.77
' 68. 28
r 59 97
r
68 88
79. 04
r
Primary metal industries 9
-- - - do
Blast furnaces, steel works, and rolling mills
dollars ..
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery and trans equip )
dollars
Machinery (except electrical)
do
Electrical machinery
..do _.
87.26
87.29
88. 34
89. 40
90 69
91 30
92 57
91 94
97 39
96 10
' 96 10
T
97 21
97 30
90.12
89. 95
91. 25
92. 34
93. 66
95. 12
98. 65
96. 96
103. 91
99.47
' 99. 72
102. 01
103. 42
81 61
81 20
81 41
81 61
82 62
82 82
84 65
81 48
89 42
88 58
' 87 95
89 01
89 23
80 15
82.82
74. 56
80 34
83.64
74.74
80 73
84 87
75. 33
80 34
85 70
75. 52
81 54
87 15
76. 30
80 95
87 57
75 92
81 99
86 11
74 82
82 78
86 94
75. 92
84 02
88 83
76 17
85 67
90 10
79 46
r 85 (If)
r 85 ()6
7
93 31
r
79 68
83 43
92 66
r 78 53
P 81 25
P 92 66
r> 78 36
Transportation equipment 9
do
Automobiles
do
Aircraft and parts
. ..do_.
Ship and boat building and repairs. . - - _do
Railroad equipment
do
92. 62
96. 75
88.81
82.74
87.82
93 28
98.99
87. 95
82. 95
85. 89
94 37
100 56
88. 38
82.76
84. 14
92 62
97.88
87.10
83.16
88.00
94 79
101 00
88. 1 5
83. 39
88. 62
88 26
89 20
88 15
83.18
90 35
92 99
97 75
89 40
81.72
90 32
92 06
95 45
88.98
83. 67
93. 25
93 11
96 23
90 67
84.93
94 25
94 21
98 47
91 30
84.24
91 54
98 21
104 96
91. 52
r
82. 51
r
93. 90
r 95 53
98 09
93 26
86. 15
96 41
T 90 94
91 43
91 52
84.24
95 18
P 91 58
Instruments and related products
Miscellaneous mfg industries .
75.17
65. 93
70 14
66. 42
76 14
6fi 58
75 76
65 76
75 92
66. 83
77 93
66 42
76 38
65 51
77 55
66 50
79 r)9
68 30
80 32
69 38
T 80 93
r
69 46
80 73
70 04
r 80 38
r 68 85
P 80 56
P 69 02
66. 02
70. 18
79. 65
70.58
54. 67
68.28
77.62
66.36
70 07
76.00
71.45
56. 15
68. 85
78.61
66.70
70 07
77 76
71.28
56 24
68.28
80 00
65.91
70. 12
76.00
70. 95
57. 68
68.11
81 41
67.32
71 51
79.30
72.71
56 68
69.87
82 21
67
71
79
73
55
70
82
83
38
30
04
81
79
21
67
72
80
75
54
70
87
89
07
48
26
79
79
35
67 83
71 10
83 62
72.98
56 45
70. 35
85 28
68
72
87
73
58
71
84
Q7
98
52
95
65
28
66
69
73
87
72
59
71
82
32
63
74
07
05
34
00
r 69 65
P 69 25
•p "73 89
50. 14
54 25
52. 67
49 37
49. 58
55 20
53. 33
50 81
51. 51
54 80
52. 93
50 69
50. 60
53 02
52 00
47 92
54
54
53
49
55
54
53
50
55
92
20
29
54
54
53
49
00
25
20
01
50
55
54
50
50
56
56
51
50
70
17
21
51
57
56
53
25
53
44
19
do
do
Nondurable-goods industries
- - . _ do _
Food and kindred products 9
do
Meat products
do
Dairy products
_.-_._
do_.
Canning and preserving
do
Bakery products
- do
Beverages
do
Tobacco manufactures
do
Textile-mill products 9
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars ..
Paper and allied products
do
Pulp, paper, and paperboard mills.
do
Printing, publishing, and allied industries
dollars _.
Chemicals and allied products
.do
Industrial organic chemicals
do
48.60
75.72
82.16
49. 55
76.08
82.34
49.71
77.04
83.16
46. 99
76. 93
83. 47
47.92
77. 65
83. 60
48.68
78 69
85.11
47.88
79 30
86.78
49.82
79 92
87. 02
50. 05
81 10
88. 11
50. 59
81 35
88.31
88.24
79. 73
84.25
89.47
80. 34
84.86
90.79
80. 32
85.69
89. 71
81. 36
87. 12
90. 95
81.77
86. 51
90. 95
82.80
87.54
90.95
83.22
87.94
91.42
82.81
86. 90
93.14
84. 25
89.60
92. 67
83.42
88.13
Products of petroleum and coal
Petroleum refining
Rubber products
. . . _.
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
93.02
96.93
83.84
97.41
52.68
49.88
91.25
94.87
84.25
96.46
53. 93
51.59
93. 61
96.96
83.64
95. 51
53. 52
51.05
95.94
99.72
86. 53
102. 18
51.24
48. 24
97.70
101 27
87. 36
101.88
51.75
48.24
97.23
100 28
88.83
105 60
53.44
50 63
90.31
76.88
92. 01
88.20
94 74
94.50
87.78
80.07
91. 88
86.31
74.88
93.00
89. 46
77.62
93. 87
95.49
75.05
91. 69
85.01
93. 02
89. 38
74.05
91. 43
88. 31
91.96
91. 43
77. 17
94 06
91.48
94.42
93.67
78. 58
92. 52
89. 39
93. 10
78. 63
69. 63
76.82
S4. 25
79. 37
70. 98
76.82
84. 66
79. 18
70 20
77.19
84. 05
79.98
71. 71
78.54
84. 66
do.
do
do
do
do
do
Non manufacturin g industries :
Mining:
Metal - -. .
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars..
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
...
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines.
do
Telephone
do
Telegraph
____.__.....__
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars ._
General-merchandise stores
do
Food and liquor stores
do.. .
Automotive and accessories dealers
do
Finance, insurance, and real estate:
Banks and trust companies
_
Service and miscellaneous:
Hotels, year-round. ..
Laundries
Cleaning and dyeing plants.
r
Revised.
*> Preliminary.
9 Includes data for industries not shown.
71
51
20
50
57
48
13
95
53
41
32
33
40
74
97. 58
99 79
86 32
102 72
53. 24
50 67
90.73
87 40
98. 28
91 46
86 27
95 50
94 73
85 76
94 50
96 73
T 85 77
96 73
97 58
T 93 53
99 86
96.41
81.99
96. 12
94. 07
96. 52
93. 03
82.90
96.89
96.41
96.89
96. 29
83 99
98 94
99 36
98 95
92. 63
84. 73
98 02
99. 01
97. 99
95.88
85 83
100 87
102 29
100 61
80. 54
72.83
79.52
85. 28
82. 09
70.92
79. 52
85 49
81
72
79
86
81.40
72 76
79.71
87.78
99
102
86
103
52
49
22
00
34
94
100
102
86
101
52
49
81
72
79
87
36
82
74
02
45
01
70
58
71
77
r
91 16
' 79. 46
r
r
r
70 12
74 7Q
94 34
71 83
53 66
r
71.98
82 19
r
'
'
r
51
58
57
53
46
50
41
86
r
r
79 71
86 52
86 73
68. 47
69 89
69 37
79. 19
70
r 75
93
72
57
71
82
30
66
01
42
83
40
59
T 54
58
57
52
10
50
27
5?
r
£0. 32
* 50. 83
' 81 35 r 81 r,3
89. 75
88.90
r
r
r
r
92.28
85. 07
90. 03
7
94. 25
85. 27
90. 25
r
r 76
18
90
73
59
71
81
92
02
06
28
78
r 53 62
r 57 37
56 ]7
5j 92
-P 52 78
r
p 51. 47
P 80 65
49. 87
r 81
22
' 91. 48 P91.01
84. 87
f 84. 67
90.64
r
99 50
r 55 9]
53 16
96 ">5
83 90
96 03
97 81
88 23
105 73
98 47
91 96
104 2°
96. 35
84 36
98 36
99 36
98 01
' 94. 13
82 43
T 94 08
T
92 64
r 94 04
94. 13
80 96
97 62
95 20
98 55
100. 62
80 41
96 48
93 17
97 27
80
73
79
89
r
81
r 75
78
89
83
73
78
89
84
09
04
74
39
41
56
42
34
02
9 9 22
r 1Q2 91
T
92
r 1Q6
r
54
r 50
r
r
01
26
58
69
r
51
58
35
23
98 40
102 09
r 89
21
03
84
96
01
80
73
78
89
64
18
34
66
65
71
98
28
40
42
75. 14
74 96
75 76
76 17
77 14
77 55
78 53
77 95
78 96
79 37
T 78 96
79 56
79 58
57. 57
41. 65
61. 18
75.68
57. 57
41.07
61.02
76. 91
57. 42
41. 18
60. 54
78. 68
57. 51
40. 60
60. 54
80. 00
58. 20
40. 83
61. 07
81. 14
59. 04
42.13
62. 43
81.77
60. 34
43 08
63. 73
81.14
60. 19
42.48
63. 73
81.03
59. 82
42 00
62. 98
80. 96
58. 82
41 76
62. 48
79. 53
' 58. 52
T 40 71
r
62. 37
'79.53
58.71
43 04
62. 16
80.08
59. 60
49 94
6?! 59
79.46
do
58. 97
59. 02
59.08
59. 00
58. 69
58. 50
58.77
58. 67
59. 09
60.25
r
60.83
61. 25
do
do
do
41.26
40. 40
46. 41
40. 96
40. 20
45.22 i
40. 45 '
40.60
47. 04
40. 35
40. 70
47. 24
40. 79
41.62
49. 61
40.47
40 80
48 12 !
40.89
41 01
47 04
40 77
40 40
45 82
41 ?0
40 70
48 36
41 50
41 01
48 24
r
42 02
41 31
47 92
41 5')
41 1 1
47 55
60.49
41 60
r 41 11
r 47 4()
P ^7 ^1
89. 55
r 98
102
r 88
102
r 56
54
99
103
89
103
53
49
i, 67 08
p 78. 47
P 97 85
P 86 22
P
56 79
SURVEY OF CURRENT BUSINESS
S-15
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
Febru
ary
EMPLOYMENT AND POPULATION—Continued
WAGES- Continued
A verage hourly gross earnings (U. 8. Department of
Labor) :
Vll 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._
Primary metal industries 9
__do
Blast furnaces, steel works, and rolling mills
dollars- Primary smelting and refining of nonferrous
metals
dollarsFabricated metal prod, (except ordnance, machinery, transportation equipment) --dollars-Machinery (except electrical) ._ -..
- ~ d o ._..
Klectrical machinery
do
1.93
2.06
'2. 13
p 1. 93
P 2, On
p 2. 13
1.64
1.64
1.64
1.90
2.33
v 1. 04
1 84
1 96
2 03
1 85
1 96
2 03
1 85
1 97
2 03
1 86
1 98
2 03
1 87
1 99
2 03
1 87
1 99
2 04
1 89
2 02
2 05
1 88
2 01
2 04
1 90
2 04
2 08
1 91
2 04
2 08
1.93
2 06
2. 10
1.93
2 06
2.10
1.63
1 64
1.58
1.81
2.16
1.63
1 64
1 59
1.81
2 15
1.62
1 63
1 59
1.81
2 16
1.66
1 66
1.60
1.82
2 17
1.67
1 67
1 59
1.84
2 18
1.72
1 72
1 61
1 85
2 20
1.72
1 7°
1 60
1 «7
2 28
1.74
1 73
1 63
1.86
2 27
1. 73
1 73
1 64
1 89
2 33
1.73
1 73
1 65
1 88
2 31
1.69
1 69
1.64
1.90
2.31
r I. 67
2.27
2.26
2.27
2.28
2.29
2.32
2.46
2.43
2.51
2.45
'2. 45
2.47
2. 48
2.01
2.01
2.01
2.01
2 03
2 04
2 09
2 10
2 16
2 15
'2.14
2. 15
2. 15
1.95
2.03
1.85
1.95
2.04
1 85
1.95
2.05
1 86
1.95
2.06
1 86
1.96
2.07
1 87
1.96
2.08
1 87
1.99
2.08
1 88
1.99
2.09
1 87
2.01
2. 11
1 89
2.03
2 13
1 91
' 2. 03
2. 15
1.91
2.03
2. 16
1.92
2.20
2.25
2.14
2.10
2.19
2 20
2.26
2 14
2.10
2 18
2 21
2.27
2 14
2.09
2 13
2 20
2.25
2 14
2.10
2 20
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
23
30
17
09
23
2 24
2.30
2 17
2.14
2 28
2
2
2
2
9
2
2
2
2
2
r
2. 30
2.38
2.20
2.16
2. 33
1.87
1.64
1 88
1.64
1 88
1 64
1 88
1.64
1 87
1 65
1 91
1 64
1 90
1 65
1 91
1 65
1 93
1 67
1 94
1 68
Nondurable-goods industries
.
do_ __
Food and kindred products 9
do
Meat products
- -do
Dairy products
do
Canning and preserving _ _ _ _ _ do_ _
Bakery products
do
Beverages
- -~ - do, __
1.68
1.72
1.91
1 63
1.45
1 69
1.97
1.68
1 73
1.90
1 65
1 47
1 70
1 98
1.68
1 73
1.92
1 65
1 48
1 69
1 99
1.69
1 74
1.90
1 65
1.53
1 69
2 01
1 70
1 74
1 92
1 66
1 48
1 70
2 02
1
1
1
1
1
1
2
70
72
92
66
42
71
02
71
72
Q3
68
38
71
07
1 70
1 73
2 01
1 67
1 44
1 72
2 06
1 72
1 75
2 04
1 70
1 47
1 73
'> 07
1 72
1 77
2 05
1 68
1 48
1 74
2 05
Tobacco manufactures
_ _ _ do
Textile-mill products 9
do
Broad -woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars. Paper and allied products _ -- -. .
do, _ _
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries, .do
Chemicals and allied products
do
Industrial organic chemicals . _ - _ _ - . . .
do
1.33
1 37
1.32
1 32
1 34
1 38
1 33
1 33
1.37
1 37
1 32
1 32
1 39
1 37
1 33
1 32
1 41
1 38
1 33
1 32
1
1
1
1
41
38
33
32
41
37
32
30
1 29
1 38
1 33
1 32
1 25
1 40
1 37
1 33
1. 35
1.79
1.88
2.31
1.94
2.07
1.35
1 79
1.88
2.33
1 95
2 08
1.34
1 80
1.89
2.34
1 94
2 09
1.32
1 81
1.91
2.33
1 97
2. 13
1.32
1 81
1.90
2.35
1 98
2 11
1.33
1 83
1.93
2.35
2 00
2 13
.33
84
.95
2.35
2 02
2 15
1.35
1 85
1.96
2.35
2 01
2 13
Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
2.28
2.37
2.03
2.37
1.39
1.33
2.27
2 36
2 04
2 37
1 39
1 34
2.30
2 40
2 04
2 37
1 39
1.34
2.34
2 45
2 07
2.41
1 40
1.34
2.36
2 47
9 08
2 42
1 41
1 34
2.36
2 47
2 10
2 45
1 41
1 35
2.41
2 51
9 09
2 42
1 39
1 33
2.11
2.41
2.48
2.10
2 61
2.50
2.11
2 51
2 49
2. 10
2 60
2.50
2 12
2 52
2 51
2 15
2 49
2 52
2.29
1.77
2.59
2.31
2.65
2.24
1 78
2.59
2 33
2.65
2.28
1 77
2.57
2.31
2.63
2.33
1 79
2.57
2 34
2. 63
2.34
1 81
2.57
2 34
2.63
1.85
1.79
1.86
2.06
1 85
1 82
1 86
2.07
1 85
1 80
1 86
2.06
1 86
1 82
1 87
2.07
1
1
1
2
1.86
1.86
1.88
1.48
1. 17
1 61
1.78
Transportation equipment 9
- Automobiles
- Aircraft and parts
Ship and boat building and repairs.- _
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries
._
_.
~
do
do
do
-do. do
do
do
do
. . do~ __
do
do
do
do
Nonmanufacturing industries:
Mining:
Metal
.do
\nthracite
do
Bituminous coal
_
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod
dollars..
Nonmetallic mining and quarrying
do
Contract construction
. _
__ do_
Nonbuilding construction
do
Building construction
. do __
Transportation and public utilities:
Local railways and bus lines
do
Telephone
._ - do
Telegraph
do
Gas and electric utilities _ _
_ do
Wholesale and retail trade:
Wholesale trade
_
do
Retail trade (except eating and drinking places)
dollars. .
General-merchandise stores
..
do
Food and liquor stores
do
Automotive and accessories dealers. - _ _ do
Service and miscellaneous:
Hotels, year-round
_
do
Laundries
do
Cleaning and dyeing plants, .
_ do __
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. per hr
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol. per h r _ _
Railway wages (average, class !)-_
do
Road-building wages, common labor
do
T
1.48
1.18
1.61
1.72
1.48
1 17
1 61
1.74
r
p 2. 03
"2.17
P 1 93
2 28
2.33
2 21
2 17
2 34
' 2 24
2.28
2. 20
2. 16
2 35
P 2 25
1.95
1.69
1 95
1 70
' 1 97 P 1 9rt
p 1 70
1. 70
1.74
1 80
2.12
1 69
1.47
1 76
2 06
1 74
1 81
2 09
1 70
1 51
1 75
2 07
1.75
* 1 84
2 09
1 71
1 53
1 76
2 06
1 25
1 41
1 37
1 35
1.34
1 42
1.38
1 36
1
1
1
1
1. 36
1 86
1.98
2.37
9 03
2 18
1.36
1 87
1.98
2.37
2 01
2 16
1.36
1 87
1.98
2.36
2 04
2. 18
2.38
2 47
2 09
2 44
1 39
1 33
2.
43
9
52
2.40
2 49
2 12
2 47
1 42
1 35
2.42
2 51
2 17
2 53
2 22
2 43
2 50
2 25
2 56
2 52
2 26
2 53
9 65
r 2 62
2 67
2.32
1 83
2 57
2 34
2 64
2.36
1 85
2 59
2 36
2 66
2.31
1 85
2 60
2 38
2 67
2.35
1 87
2 62
2 39
2 69
86
83
88
08
1 87
1 80
1 88
2 08
1
1
1
2
88
80
88
10
1 88
1 81
1 88
2 11
1
1
1
2
1 89
1 90
1 91
1 99
1.49
1 17
1 61
1.81
1.50
1 18
1 62
1.84
1
1
1
1
1.52
1 20
1 63
1 84
22
28
15
09
21
19
23
15
09
22
51
19
63
85
26
33
19
15
31
9 ()0
9 44
1 41
1 35
27
35
20
16
30
r
r
r
T
r
r
1
1
1
1
3S
42
37
35
' 1.37
1 87
1.99
2.38
2 04
2 18
T
2.40
9 49
2 16
2 50
r
P 1 40
P 1 42
1.37
P 1. 38
p 1 88
1 £8
1.99
' 2. 37 ~ p ~ 2 . 3 7
i> 2 05
2 05
2 20
2.40
2 48
r 9 1(>
\ 37
1 37
2 51
1 46
1 41
2 55
' 2 66
r 2 27
2 28
2 55
2 67
2 29
2 62
2 70
2.35
1 85
2 63
2 40
2 70
'2.33
1 84
r
2 65
Tr 2 40
2 71
2.33
1 84
2 66
2 41
2 73
2.39
1 87
2 68
9 42
2 74
90
81
88
12
1 90
1 84
1 88
2 14
T\ 90
1 88
1 87
2 15
1
1
1
2
1
1
1
2
1 92
i <)4
1 95
r 1 94
1 95
1 96
1.52
1 19
1 63
1 85
1.
1
1
1
1
1
1
1
1
1
1
1
49
16
64
89
1.54
1 22
1 66
I 81
f>3
20
64
84
2 28
52
20
64
82
r I
r
r
r
44
1.52
1 18
1 «vr)
1 82
r I
43
90
86
88
15
98
1 01
1.20
1 01
1. 19
1 02
1.21
1 01
1 20
1 01
1 20
1 01
1 19
1 00
1 01
1 '>()
1 00
1 01
1 20
I 00
T \ 02
1 20
1 01
1 02
1 9{
1 00
1 02
1 91
2 022
3.188
2 019
3.188
2 021
3 190
2 025
3 190
2 050
3 207
2 059
3 227
2 073
3 247
2 087
3 264
9 9087
3 7i
2 093
3 286
9 094
3 289
2 097
3 290
3 l>98
1 954
77
1 983
1.72
1.949
1.64
1.977
1.925
99
98
.85
1.946
1.74
1.942
1. 941
99
98
.88
1 962
1.72
1 938
1 987
2 061
"2.41
p 2 15
P 1 46
91
86
88
16
1 01
1.19
97
P 1 74
p 1 H9
40
42
37
37
.98
.88
v 1. 64
v 1. 90
p 2. 32
2.03
2.17
1.92
r
1.01
1.19
Revised.
* Preliminary.
9 Includes data for industries not shown.
§ Rates as of Mar. 1,1956: Common labor, $2.117; skilled labor, $3.310.
97
1 68
1.64
1.89
2 32
r
9 107
91
1.72
2 117
3 309
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
F
March
1955
M reh
2r | "
April
May
.Tune
1956
July
August
Septem- October Novem- December
ber
ber
January
February
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
_ _ ..mil. of dol Commercial paper
do
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm . :
Total
n~nl of dol
831
703
807
681
368
662
355
696
2, 434
1 . 347
1 , 336
12
339
747
163,403
62. 642
33. 531
149, 744
57, 091
31.595
Federal Reserve banks, condition, end of month:
X'vsets, total 9
mil. of dol.
Reserve bank credit outstanding, total 9 -- -do
Discounts and advances
do
United States Government securities
do
Gold certificate reserves
do
49, 626
24, 960
475
23, 885
21,038
49, 442
24. 769
485
23. 605
21,032
49, 434
24, 607
391
23, 61 3
21 , 027
49,913
24, 988
560
23, 61 2
20. 985
49, 306
24, 780
460
23. 662
20, 988
49, 6(56
24. 601
128
2:i 607
20, 994
Liabilities total 9
. . d o
Deposits, total 9
- • - - do .
Member -bank reserve balances
do
Excess reserves (estimated) _ _ do
Federal "Reserve notes in circulation, .
_ ..do
49. 626
20, 138
18, 918
581
25, 640
49, 442
19, 879
18, 562
471
25, 609
49, 434
19, 806
18,283
412
25, 528
49, 913
20, 158
18, 495
334
25, 496
49, 306
19,685
18, 221
192
25, 656
46.0
46.2
46.4
46. 0
56, 270
55, 590
57, 762
3,960
2, 633
Federal land bank51
Land Bank Commissioner
Loan^ to cooperatives
Other loans and discounts
_
Bank debits, total (345 centers)
NYvv York Citv
.. . 6 other centers cf
II eserve ratio
__
-
-
-
do
do
do
do do
do
^o
--
. ---
percent-
869
713
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of monthDeposits:
57, 639
Demand adjusted
mil. of dol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol. . 58,317
4, 232
States and political subdivisions..
do
United States Government
do . . . 2,320
20, 198
Time, except interbank, total 9 —
do .
Individuals, partnerships, and corporations
mil. of dol.. 18, 864
States and political subdivisions. _ - .. . do . . 1,126
13, 651
Interbank (demand and time)
do
686
572
655
572
650
593
655
580
671
564
662
547
642
542
642
510
624
573
318
835
2, 605
1 408
1. 408
0
319
878
2. 651
1,421
1,421
0
336
894
2, 670
1 436
1, 436
0
341
893
2, 663
1. 451
1, 451
0
357
855
2, 641
1,464
1,464
0
386
791
2, 604
1,477
1,477
0
392
735
2,592
1 497
1,497
0
374
721
2,617
1, 516
1,516
0
374
727
1167,714 U77.917 U61.748
58, 904
62,211
67, 634
36, 570
37, 569
34,123
U67,343
58, 980
35, 863
'168,967
62, 550
35, 126
173, 190
63, 406
36. 876
200,523
81,027
40, 193
50, 488
25, 719
754
24, 091
20. 994
49, 880
24, 91 1
470
23, 760
20, 993
50, 243
25, 250
603
23, 834
20, 994
50. 221
25, 430
706
24, 024
21.007
51,197
25, 776
618
24, 256
21,002
52, 340
26, 507
108
24, 785
21,009
50.615
25, 122
852
23, 466
21, 010
50,615
24, 920
632
23, 482
21,011
49, 666
19,268
18, 066
-73
25, 868
50, 488
20, 451
18,999
6S8
25, 945
49, 880
19,532
18, 368
217
26, 004
50, 243
19. 741
18. 423
211
26, 142
50, 221
19, 848
18, 565
172
26, 246
51,197
19,770
18, 474
57
26, 629
52, 340
20, 355
19, 005
102
26, 921
50, 615
19, 881
18, 750
r
439
26, 170
50, 615
19, 651
18, 428
P247
26, 029
46.3
46.5
45. 3
46.1
45.8
45.6
45.3
44.4
45.6
46. 0
56, 969
56,011
56, 156
55, 865
55, 931
56, 306
56, 394
56,900
58, 882
57. 607
56, 230
56, 474
4, 062
2, 534
57, 921
4,216
3, 105
57, 624
4,361
3.148
57, 376
4, 258
3, 224
56, 984
3, 9G3
3,374
57, 523
3, 990
3, 256
58, 316
3.772
2, 635
58, 130
4, 055
2, 876
59,475
3,971
2,870
62, 166
4,026
2,239
58,946
4, 399
1,477
58, 326
4, 319
2, 319
20, 280
20, 329
20,319
20, 363
20. 449
20, 333
20, 385
20, 405
20, 513
20,367
20,527
20, 416
20, 525
18, 930
1,145
13. 402
18, 990
1. 132
13,085
1 8, 969
1.142
12.988
19, 037
1,113
12, 974
19,173
1,059
13, 058
19,104
1,018
13,339
19, 146
1,032
12,977
19,210
993
13, 077
19, 356
952
13, 515
19,192
971
13,111
19, 354
969
13, 882
19, 251
963
12,917
19. 331
992
12, 526
767
623
325
792
178,924 1158.296
67. 242
57. 634
39. 908
34, 494
!
175,779
67. 568
35, 803
!
2,670
1, 541
1,541
0
370
759
137,354 l 1 162, 087
69, 675
57, 413
40,718
35, 143
Investments total
do
U. S. Government obligations, direct and guaranteed total
mil. of dol
Bills
...do..-.
Certificates
do
Bonds and guaranteed obligations
do —
Notes
-- - - d o _ _ _
Other securities
• - - - - do
44, 783
43, 590
41,932
42, 960
41 , 724
40, 798
40, 765
39, 716
39, 044
39, 124
38,006
38, 380
36, 983
36, 538
35, 799
2,065
34, 599
1,816
32, 885
1,286
33, 983
1,750
33, 026
1,081
32, 076
1,019
31,975
1,160
30, 948
985
30, 347
994
28, 284
910
22, 076
9,074
8,991
21,806
8,676
9,047
21,682
8,640
8,977
21, 490
9, 306
8,698
30, 122
1, 535
910
20,680
6,997
8,258
28, 822
1,044
23,102
8, 081
8,984
29,643
636
894
20,777
7,406
8, 363
20, 230
6, 850
8, 161
20,115
6,673
8,254
Loans (adjusted), total O
._
-.do. Commercial, industrial, and agricultural
do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol.Real-estate loans
~- -- - do.
Other loans
do
40, 483
21,926
2, 582
40, 751
22, 241
2.374
41,448
22, 597
2,483
41,818
22, 545
2, 660
1,056
7,279
8, 346
1, 080
7, 359
8,408
1,113
7, 474
8,488
1,108
7, 570
8, 652
Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
percent-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 davs
- do_ _.
Commercial paper, prime. 4-6 months
do
Call loans, renewal (N. Y. S. E.)
do
Yield on U. S. Govt. securities:
3-month bills
- -- - - d o
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
QOO
cor
21,313
9, 001
8,722
21,077
8,806
S, 790
20, 965
8,373
8,768
20, 787
8,070
8, 697
30, 559
842
1 IQfi
20, 644
7,877
8, 565
42, 440
22, 636
2,742
43, 674
23, 501
2, 678
44,113
23, 550
2, 775
44, 696
24. 171
2,467
45, 449
24, 660
2,406
46, 499
25, 303
2,689
47.331
26,014
2,605
48, 356
26. 673
2, 852
47, 711
26, 260
2,625
47,664
26, 316
2,422
1,155
7, 719
8, 910
1,190
7,873
9, 153
1, 190
7, 993
9, 340
1, 184
8,120
9,492
1,194
8, 257
9,669
1, 245
8.073
9,926
1,248
8,188
10.015
1,271
8.147
10, 159
1,302
8,154
10, 197
1, 287
8,224
10, 259
3.54
3. 56
3.77
3.93
3 55
3.87
3 55
3. 95
3 76
4.11
3.95
4.17
PQO
1.60
1.79
4.17
1.50
1.79
4.17
1.50
1.79
4.17
1.75
1.83
4.17
1.75
1.92
4.17
1.75
2.08
4.17
1.75
2.42
4.17
2.00
2.42
4.17
2.25
2.56
4.17
2.25
2.65
4.17
2.50
3.00
4.17
2.50
3.00
4.17
2. 50
3.05
4.17
3.14
4.17
1.33
1.47
3.00
1.38
1.68
3.00
1.38
1.69
3.00
1.43
1.90
3.00
1.50
2.00
3.00
1.50
2. 00
3.00
1.50
2.11
3.01
1.67
2.33
3.34
2.08
2. 54
3.40
2.23
2.70
3.50
2.17
2.81
3.55
2.43
2.99
3.63
2.45
3.00
3.63
2.38
3.00
3.63
1.257
2.11
1.177
2.18
1.335
2.30
1.620
2.39
1.491
2.40
1.432
2.42
1.622
2.54
1.876
2.73
2. 086
2.72
2.259
2. 58
2.225
2.70
«• 2. 564
2.83
2. 456
2.74
2. 372
2.65
15,558
2, 116
15, 604
2, 095
15, 770
2, 075
15,764
2, 052
15, 830
2, 030
15,985
2,008
16, 022
1, 984
16, 073
1,961
16,190
1,943
16, 191
p 1, 925
16, 295
p 1, 908
16,509
v 1, 890
16, 584
» 1, 869
16, 651
29, 760
29,518
29, 948
30, 655
31,568
32, 471
32, 896
33, 636
34, 293
34, 640
35, 059
36, 225
35, 554
22, 974
23,513
24, 149
24, 914 !
25, 476
26, 155
26, 699
26, 963
27,247
27, 895
27, 724
11,985
5, £55
1, 546
5, 063
12, 561
5, 639
1,562
5, 152
13, 929
5, 848
1,611
5,311
14, 095
5,917
1,627
5, 324
14, 172
6,057
1,634
5,384
14,312
6,435
1,641
5,507
14,314
6,273
1,610
5,527
CONSUMER CREDIT
(Short- and Intermediate- term)
Total outstanding end of month
Installment credit total
A. u to mobile paper
Other consumer-goods paper
mil. of dol
do
do
do
22, 436
10, 459
5, 609
1, 574
4, 794
22, 508
10, 641
5, 484
1, 550
4,833
11,053
5, 479
1, 530
4,912
1
11, 482
5,492
1,534
5, 005
Personal loans
do._ * Revised.
* Preliminary.
* Data are for 344 centers.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
O Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross.
§ For bond yields, see p. S-20.
13, 038
13, 547
5,762
5, 676
1,589
1, 570 !
5,192 1
5, 257
March 1956
SUKVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-17
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
FINANCE—Continued
CONSUMER CREDIT— Continued
(Short- and Intermediate-term)
Total outstanding, end of month— Continued
Installment credit — Continued
By type of holder:
Financial institutions, total..
mil. of dol..
Commercial banks
do
Sales-finance companies
- do. _ _
Credit unions
do _Other
- do
Retail outlets total
Department stores
Furniture stores
Automobile dealers
Other
do
do
do
do
do. --
NoninstaPment credit total
Single-payment loans
Charge accounts
Service credit
By type of holder:
Financial institutions
Retail outlets
Service credit
Installment credit extended and repaid:
Unadjusted:
Extended total
- -Automobile paper
_
Other consumer-goods paper
All other
Repaid total
-Automobile paper
_ Other consumer-goods paper
All other
Adjusted:
Extended total
- Automobile paper
Other consumer-goods paper
All other
Repaid total
Automobile paper
Other consumer-goods paper
Allother
__
--
18, 977
8,651
6,462
1.282
2,582
19,153
8,688
6, 570
1,298
2,597
19,613
8,844
6,808
1 330
2,631
20, 127
9,020
7,077
1,360
2,670
20, 718
9 228
7,390
1 395
2,705
21, 432
9,495
7,747
1 434
2,756
21,980
9,656
8,087
1 458
2,779
22, 605
9,871
8,422
1 495
2,817
23, 101
10, 060
8,667
1 528
2,846
23, 324
10 145
8,771
1 547
2,861
23, 524
10 227
8,825
1 556
2 916
23,863
10 347
8 938
1 580
2 998
23,817
10 315
8 936
1 565
3 001
3 459
1,158
3,355
1,108
848
404
995
3 361
1 123
838
420
980
3 386
1 138
834
437
977
3 431
1 150
842
457
982
3 482
1 160
851
481
990
3 496
1 155
856
501
984
3 550
1 167
3 598
1, 191
871
523
989
878
538
991
3 639
1*203
889
546
1,001
3 723
1 251
909
550
1 013
4 032
1 423
956
556
1 097
3 907
1 374
925
556
1 052
862
397
1,042
do
7,324
7,010
6 974
7 142
7 419
7 557
7 420
7 481
7 594
7 677
7 812
8 330
7 830
do
do. ..
do
2,371
3, 225
1,728
2,427
2,831
1, 752
2,481
2,735
1 758
2 496
2,859
1 787
2 589
3,011
1 819
2 686
3,040
1 831
2 595
2,991
1 834
2 629
3 019
1 833
2 657
3,108
1 829
2 666
3 218
1 793
2 757
3' 285
1 770
2 776
3' 797
1 757
2 715
3 355
1 760
- do
-- do _.
do
2,371
3 225
1,728
2,427
2,831
1,752
2,481
2,735
1,758
2 496
2, 859
3 787
2 589
3, Oil
1 819
2 686
3,040
1 831
2 595
2,991
1 834
2 629
3 019
1 833
2 657
3,108
1 829
2 666
3 218
1 793
2 757
3 285
1 770
2 776
3? 797
1 757
2 715
3 355
1 760
- - do
__do _.
do _
do
2,389
1,060
616
713
2,416
1,167
529
720
3,159
1, 569
708
882
3 089
1, 512
703
874
3,206
1,616
741
849
3,443
1,766
766
911
3,131
1, 594
711
826
3 436
1 745
3 241
1,592
793
898
783
866
3 051
1 417
785
849
3 103
1 341
850
912
3 508
1 369
1 090
1 049
2 725
l' ?4S
644
833
- --do
do ._
do
do
2,420
997
675
748
2,344
985
654
705
2,693
1, 157
713
823
2,550
1 083
690
777
2,570
1, 113
678
779
2,678
1,190
682
806
2,569
1, 117
674
778
2 757
1 236
2,697
1 210
697
790
2 787
1 251
716
820
2 819
1 264
710
845
2 860
1 229
712
919
2 896
1 246
806
844
do
do
do —
- - do. -
'r 2, 830
1,r 239
789
802
3, 045
1, 479
••744
822
r
3 027
r
1,411
r
738
r
878
3 103
1, 525
"•738
r
840
3, 290
1, 620
'759
r
911
r 3 075
r
1 474
r 724
r
877
r 3 185
r i 435
r
805
T 945
3 185
1 503
792
890
3 212
1 451
824
937
do _ _
-- -do -_
do
do
2 496
1,020
684
792
2 521
1 071
680
770
2 562
1 096
683
783
2 552
1 093
672
787
r 2 635
1 139
687
T
809
2 830
2 986
1 275
817
894
4,833
4 655
48
3,638
716
430
5 954
5 427
47
4,857
774
276
11 089
9 741
60
9,906
995
127
4 941
3 732
51
3 976
795
119
6 119
4 438
56
4 849
939
276
11 279
10 125
57
9 921
989
311
3 089
2 765
do .._
do _
do
do -
4 915
4 6^4
59
3 727
853
275
do
- do
-do ...
do
do
4,942
222
379
3,176
1.166
4,831
396
365
3,048
1,022
5,894
478
386
3,759
1,271
5 228
355
383
3 382
1, 108
5 356
443
381
3 346
1,387
6 753i i 476
398
4 146
733
5,382
278 439
275, 696
233, 427
42 268
2,743
278 182
275 565
233, 517
42 047
2 617
274 048
271, 200
229, 103
42 097
2 847
T
r
2, 906
1, 388
'662
856
r
r
r
r
r
r
3 179
1, 589
'757
r
833
r
r
2 612
r 2 611
r I 166
r
678
768
r
3, 136
1, 519
'794
r
823
707
814
r
r 3 211
T
r \ 566
' 773
r 872
r 2 713
1 133 T i 197
r 706
T 718
r
r 772
798
r
r 2 774
2 691
1 175 r 1 233
r 694
r 718
r 1 281
r 698
822
823
851
2 747
1 228
690
829
6 180
5 498
57
4 968
947
208
2 998
2 692
62
1 873
890
173
5 527
4 662
65
4 215
1 008
240
5 337
4 889
56
3 962
879
440
5 340
529
363
3 611
837
5 355
542
364
3 161
l' 288
5 172
542
•P 426
•p 3 H6
r> i 089
5 651
595
•p 408
P 3 477
P i 170
280
277
233
44
2
280
277
233
43
2
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
mil. of dol
Customs
- -- Income and employment taxes
Miscellaneous internal revenue
All other receipts
-Expenditures total
Interest on public debt
Veterans' services and benefits
National security
All other expenditures
- - -
Public debt and guaranteed obligations:
Gross debt (direct) end of month total
do 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 through K
do
Redemptions
-do
Government corporations and credit agencies:
Assets except interagency, total _ -- mil. ofdoL.
Loans receivable, total (less reserves)
.do _
To aid agriculture
do_ _ _
To aid homeowners
___ do- _.
Foreign loans _ _
do ._
All other
_-do ._
Commodities, supplies, and materials
U. S. Government securities
... _
Other securities and investments.
Land, structures, and equipment
All other assets.. _ _ _ _ _ ___ ._
Liabilities, except interagency, total
Bonds, notes, and debentures
Other liabilities
Privately owned interest
_ _ _
U. S. Government interest
r
Revised.
p Preliminary.
do.__
do _ _
__do_ ._
do
do
do
do.-_
do
_ _ do
do._.
276
273
232
41
2
649
924
233
691
725
277
274
232
42
2
472
804
563
240
668
274
271
228
43
2
374
741
491
250
633
54
1,924
877
234
592
364
2 863
1 564
277
274
231
43
2
584
955
615
340
629
5 848
4 734
55
4 459
945
390
6 225
'522
434
3 420
I 850
278
275
231
44
2
309
711
472
238
598
277 476
274 879
230' 988
43 891
2 597
279
277
233
43
2
818
277
619
657
541
136
628
615
013
508
24
27
33
37
43
44
42
43
48
48
53
58, 456
742
772
58 605
602
543
58 701
614
605
58 639
535
682
58 641
488
581
58 643
496
619
58 672
58 703
58 532
462
722
58 494
451
574
58 501
438
526
494
589
487
543
41, 996
19, 782
7,466
3,013
7,968
1,593
40 639
18 927
6 362
3,095
8,032
1 932
41 183
19 061
5 853
3,122
8 025
2 472
3,612
3,187
3,429
7,982
4,004
3 475
3,108
3 430
7,821
3,878
4 129
2,909
3 414
7,799
3,871
5,605
1, 592
4,013
543
35, 848
4,900
1 881
3 019
568
35, 171
4,141
2 128
2 012
583
36, 460
i Effective with the fiscal year ended June 30,1955, changed from a due and payable basis to an accrual basis.
769
799
873
926
070
53
58 548
466
545
5 274
625
p 40?
•p 3 028
v i 219
OQA
04Q
277
933
43
2
170
584
585
879
53
58 193
' 645
1 126
no A -I f)o
277 295
233 607
43 688
0
01 A
58
58 166
KA4
660
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 10r>6
1956
1955
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U. S. life insurance companies
mil. of dol. _
Bonds (book value), domestic and foreign, total
mil. of doL_
U S. Government
do
State, county, municipal (U. S.)_ . _
do
Public utility (U. S.)
do
Railroad (U. S.)
___ do
Industrial and miscellaneous (U. S.)
do
84, 912
85, 324
85, 627
86, 061
86, 515
86, 967
87, 636
88, 087
88, 529
89, 016
89, 491
90, 219
90, 842
46, 653
9,233
1,940
13, 140
3,705
16, 063
46, 690
9,242
1,977
13, 154
3,719
16, 092
46, 764
9,091
1,964
13, 191
3,716
16, 293
46, 900
9,105
1,965
13, 205
3,724
16, 395
47, 005
9,058
1,956
13, 203
3,774
16, 519
47, 087
9,046
1,957
13, 236
3,771
16, 594
47, 350
9,096
1,979
13, 309
3,771
16, 732
47, 414
9,179
1,979
13, 319
3,776
16, 704
47, 578
9,129
1,983
13, 366
3,786
16, 858
47, 742
9,027
1,990
13. 400
3,877
16, 985
47, 743
8 891
1,987
13,457
3,871
17 070
47, 690
8,546
1,998
13, 533
3,847
17, 292
47, 967
8 393
2 125
13 579
3 840
17 522
2,763
1,714
1,044
26, 474
24, 405
2,344
3,144
1,111
2,798
2,773
1,707
1,059
26, 727
24, 629
2,367
3,159
1,029
2,808
2,791
1,711
1,073
26, 949
24, 824
2,381
3,177
1,027
2,836
2,787
1,696
1,084
27, 217
25, 067
2,407
3,190
1,067
2,842
2,829
1,709
1,112
27,483
25, 310
2,420
3,207
1,064
2,877
2,869
1,724
1,137
27, 748
25, 551
2,453
3, 230
1,094
2,892
2,875
1,728
1,139
28, 001
25, 787
2,471
3, 245
1,169
2,912
2,870
1,720
1,142
28, 250
26, 025
2,492
3,260
1,142
2,937
2,879
1,719
1, 152
28, 563
26, 320
2,506
3,271
1,133
2,922
2,899
1 731
1,160
28 868
26, 613
2, 523
3,283
1,200
2,975
2,923
1,720
1,192
29 433
27, 166
2 557
3, 293
1, 254
3,069
2,930
3,358
620
544
2,194
151
520
471
179
247
92
202
83
250
3,830
462
590
2,778
188
641
585
226
311
116
275
107
328
5,645
2,602
540
2,503
162
578
524
201
296
109
240
96
298
3,641
452
607
2,582
174
597
539
205
310
110
241
101
304
4,026
711
570
2,745
186
641
567
230
325
112
258
102
324
3 588
647
528
2,413
154
546
514
206
289
102
224
92
285
3,674
568
540
2,566
154
540
555
214
320
111
251
100
321
3,746
833
561
2,352
147
499
508
201
290
105
229
91
281
3 710
579
571
2,560
163
573
562
202
319
109
234
102
296
4,598
1,336
549
2, 713
177
617
586
211
338
123
243
102
317
5 857
2 258
511
3,088
192
680
665
248
3fi3
129
292
136
383
424, 607
176, 943
51, 320
8,869
38, 307
73, 883
75, 285
498, 084
201, 474
58, 805
9,216
39,210
86, 702
102, 677
419, 386
180, 933
45,512
9,064
33, 921
73, 970
75, 986
439, 941
187, 324
50, 619
9,171
36, 427
76, 500
79, 900
444, 925
183, 192
50, 254
9,236
38, 655
75, 608
87, 980
398, 481
167, 650
44, 147
8,659
35, 454
66, 159
76, 412
442, 123
199, 661
48, 500
9,062
36, 983
76, 312
71, 605
421, 191
180, 095
44, 423
8,674
38, 327
67, 737
81, 935
425, 367
182, 028
51, 605
8,800
39,519
73, 861
69, 554
435, 673
189, 453
53, 464
9,207
39, 485
71, 667
72, 397
555, 665
209, 179
56 942
9,476
38 230
78. 795
163 043
Stocks (book value), domestic and foreign, total
2, 756
mil. of dol
1, 715
Preferred (U. S.)
do
1,036
Common (U. S.)
_ __
do 26, 223
Mortgage loans, total
do
24, 171
Nonfarm
_ _ _ _ _ do
2,310
Real estate
do
3,127
Policy loans and premium notes.- _
do_ _
1,140
Cash
do
2,703
Other assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):©
3,104
Value estimated total
mil of dol
386
Group and wholesale
do
516
Industrial
__
do _.
2,202
Ordinarv, total©
do
158
New England _
do
525
Middle Atlantic
_ _ _ _ _
do
467
East North Central
do
180
West North Central
__ _ _
do
237
South Atlantic
do
92
East South Central
_
do
214
West South Central
do
77
Mountain
do
251
Pacific
__
-__
do _ _
Institute of Life Insurance:
Payments to policyholders and beneficiaries, esti477,058
mated total
thous. of dol
182, 799
Death benefits _
. _ _ do
58, 328
Matured endowments
do
10, 588
Disability payments
_ do
47, 722
Annuity payments
do
74, 776
Surrender values
do
102, 845
Policy dividends
do
Life Insurance Association of America:
Premium income (39 cos.), quarterly total
do - _ _
Accident and health
do
Annuities
do
Group
do
Industrial
do
Ordinary
- do
2,174,366
286, 266
298, 036
232, 210
251,671
1,106,183
2,058,101
293, 953
236, 984
201, 277
218, 293
1,107,594
2,069,637
299 608
255, 004
207 207
216, 461
1,091,357
1 719
1 199
29 800
27 526
2 568
3 307
1 167
3 103
_- _
3 742
847
450
2,445
168
586
535
194
285
104
222
89
262
522
204
59
10
54
76
117
800
900
300
200
400
900
100
2,474,743
347 98Q
350 097
253 227
277 203
1,246 236
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S. (end of mo.)
mil. of doL, 21, 714
-9.7
Net release from earmark §
_ _ _ do
788
Exports
thous of dol
3,016
Imports
_
- _ - do
Production, reported monthly total 9-_ _ _ .-do _ - 70, 400
45, 800
Africa
do
12, 800
Canada
_ __do
5,000
United States
do
Silver:
640
Exports
_ do
4,321
Imports
do
.853
Price at New York
dol. per fine oz
Production:
2,175
CanadaO - -thous. of fine oz _
4,908
Mexico
do
3,416
United States
_ _ do _ _ _
Money supply (end of month):
Currency in circulation
mil. of doL- 29, 789
217, 500
Deposits and currency, total
do
3,200
Foreign banks deposits, net
__
do
5,000
U. S. Government balances
do
209, 200
Deposits (adjusted) and currency, total
do
Demand deposits, adjusted
_ d o _ ~ 107, 000
75, 400
Time deposits
do
26, 800
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
42.0
New York City
ratio of debits to deposits
25.4
6 other centers c^t
do
19.6
338 other reporting centers t
_ __ _
_ _ do _
21, 716
-.8
689
3, 905
67, 900
43, 800
12, 300
4,800
21, 719
—27. 7
674
3,388
73, 300
47, 200
13, 000
5,400
21, 671
-41.8
182
2,658
71, 400
46, 800
12, 900
5,000
21, 674
-1.0
314
4,854
73, 100
47, 600
13, 400
5,300
21, 678
-.9
694
4,511
73, 100
47, 400
13, 000
5,600
21, 682
-.1
859
2,476
21, 682
-2.9
183
3,794
21, 684
10.6
969
5,392
21, 686
-7.1
230
10, 645
21, 688
-27.0
778
32, 648
21, 690
—23.8
591
27, 305
48, 500
13, 500
4, 100
49, 100
13, 500
5,900
48, 500
13, 800
7,000
48, 300
13, 800
6,800
13, 600
6,300
13 300
5 000
290
6,351
.853
1,695
5,840
.873
138
5,223
.871
236
3,999
.889
290
7,423
.897
210
6,549
.905
261
5,818
.908
649
7,299
.908
910
6,717
.918
522
6,655
.915
721
6 736
.905
1,961
6,726
2,753
2,386
4,660
3,560
2,270
3,922
3,068
2,236
3,415
3,075
2,462
3,035
3,089
2,386
3,691
596
2,482
3,053
2,005
* 2, 386
2,836
2,840
' 2, 372
3,528
2,432
2,089
3,837
3,087
2 389
4 347
3,180
29, 817
216, 000
3,100
6,000
29, 800
214, 500
3,200
6,100
29, 769
216, 900
3,100
6,400
30, 009
216, 600
3,200
6,700
30. 317
30, 244
30, 993
30, 422
30, 229
30, 559
31, 158
30, 228
217, 595 P218, 800 P218, 200 P218, 800 P220, 700 p221, 200 P224, 300 p221, 000
3,247 P 3, 300 * 3, 100 v 3, 200 v 3, 200 P 3, 200 P 3 200 P 3 100
6,610 P 7, 400 P 6, 400 v 5, 800 v 6, 200 v 5, 800 P 5, 300 * 3, 600
206, 900
104, 500
75, 700
26, 800
205, 300
102, 400
76, 200
26, 700
207, 400
104, 500
76, 200
26, 700
206, 700
103, 300
76 500
26, 800
207, 738 ^208, 100 P208, 600 p209, 700 »211, 300
103, 234 pl03, 900 P103, 900 pl04, 900 "106, 100
77, 129 p77, 100 p 77, 400 v 77 700 P 77 900
27, 375 p27, 100 P 27, 300 p 27, 200 * 27, 300
41.9
26.4
19.6
41.7
30.2
20.0
1
37.3
27.1
19.2
1
42.7
28.4
20.6
44.7
28.3
!20.8
1
40.7
26.6
20.4
38.2
25.9
i 19.9
1
43.5
27.4
21.1
1
44.7
26 5
20 3
21,693
—8 2
307
11, 743
354
4,208
.904
909
3 249
p212, 200 P215, 700 ^214,300
pl06, 900 P109 700 pl08 900
p 77 400 P 78 200 P 78 400
p 27,900 P 27 900 p 27 100
1
45.4
29.0
22.0
51 3
r 28 1
1r
21 6
45 9
v 2Q 5
i p 21 6
41 1
P 27 4
i P 20' 8
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):
3,335
3,878
Net profit after taxes, all industries
mil. of dol__
3,735
255
201
Food and kindred products
do
301
87
79
81
Textile mill products
- ______
do _
Lumber and wood products (except furniture)
64
82
mil. of doL_
85
154
130
Paper and allied products
_ _ _ do
154
T
x
Revised.
p Preliminary.
Data for 337 centers.
O Revisions for insurance written for January-August 1954 are shown in the November 1955 SURVEY. Revisions for silver production in Canada for January-September 1954 are shown
n the December 1955 SURVEY.
0 Data for January-December 1954 include revisions not distributed by regions.
§ Or increase in earmarked gold (—).
9 Includes data not shown separately.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
t Revisions beginning with 1943 appear on p. 24 of the October 1955 SURVEY.
SURVEY OF CURRENT BUSINESS
March 1056
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-19
1956
1955
January
February
March
April
May
June
July
August
Septem- October Novern- j December | ber
ber
January
February
FINANCE—Continued
PROFITS AND DIVIDENDS— Continued
Manufacturing corporations— Continued
Net profit after taxes — Continued
Chemicals and allied products
mil of dol
Petroleum refining
do
Stone, clay, and glass products. _ ___ ._ _.doPrimary nonferrous metal
do
Primary iron and steel
__ _ _. _ _
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.) ._ mil. of dol
Machinery (except electrical)
do
Electrical machinery.
__ _ _ _
do.
Transportation equipment (except motor vehicles,
etc.) - --- -mil. of dol
Motor vehicles and parts
do
All other manufacturing industries
_ do. .
Dividends paid (cash), all industries
do
Electric utilities, net profit after taxes (Fed. Res.)
mil. of dol
Railways and telephone cos. (see pp. S-23 and S-24).
364
575
111
159
262
413
566
192
189
345
429
600
190
157
312
111
224
167
132
298
173
158
269
172
102
501
278
115
578
316
99
359
369
1,422
1,436
1,565
341
296
284
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding) _ .
.mil. of dol
New capital, total __
do
Domestic, total
_ do, Corporate
.
do
Federal agencies
__
__. do
Municipal, State, etc
__doForeign
..
_
_
do
1,446
1,114
1,015
431
52
533
98
332
Refunding, total 9 .
_ __ .__
do
332
Domestic, total _ . _
_ do. _
134
Corporate
.
do
192
Federal agencies _
_ _ do ...
6
Municipal, State, etc
do
Securities and Exchange Commission:
2,706
Estimated gross proceeds, total
do
By type of security:
2,518
Bonds and notes, total
do
484
Corporate-.
do _
Common stock _
do
135
Preferred stock
.
do .
53
By type of issuer:
672
Corporate, total 9
do .
190
Manufacturing.- __ _
do
20
Mining
do
242
Public utility
do
64
Railroad
.
do __
7
Communication
do
98
Real estate and
financial
do
2,034
Noncorporate, total 9
do
742
U. S. Government
__do_ _
541
State and municipal
do
New corporate security issues:
660
Estimated net proceeds, total
do
Proposed uses of proceeds:
465
New money, total
do
325
Plant and equipment
_. do_._
140
Working capital
do
114
Retirement of securities
_. _.
--do __
81
Other purposes
_ __
_ _
do
State and municipal issues (Bond Buyer) :
Long-term _ _ .. _ _
_ _ _thous. of dol__ 541, 449
Short-term
do
191,319
SECURITY
864
729
726
382
32
313
3
2,003
1,663
1, 632
1,067
1,244
49
517
31
975
959
509
31
419
16
135
135
45
80
11
340
340
137
194
9
269
269
173
91
6
201
201
84
115
3
1,431
2,583
1,654
1,294
2,033
1,453
364
113
25
871
512
37
475
146
54
501
86
13
111
1
45
149
930
602
328
1,420
614
540
675
172
31
218
93
19
116
979
535
429
644
49
226
25
27
386
1,163
1,324
1, 123
1,121
1,628
1,493
1,492
1,186
592
236
664
1
973
969
490
12
468
3
135
135
92
41
2
213
207
154
51
2
4,399
1,947
2 487
1 656
1 640
2, 695
1 850
4,095
1,684
2 333
1 440
1 466
2,492
1, 097
1 573
r 441
749
36
336
2
694
209
95
533
206
57
998
435
15
249
13
25
185
796
180
82
280
18
71
82
3,401
3,020
1,151
496
651
350
583
101
53
672
200
16
737
358
32
105
4
46
129
470
887
173
29
91
187
92
281
768
509
259
1 750
1 265
574
93
82
r
r
\ 934
1 522
1 783
r
850
1 469
1,001
530
172
7
42
19
5
253
159
43
192
86
749
190
52
224
31
29
166
892
481
407
1,299
138
28
170
66
698
112
719
201
14
287
12
40
90
1 396
1 132
r 932
438
661
r 415
461
926
113
38
377
50
275
52
36
94
466
447
65
18
1 022
645
364
492
1,396
659
977
778
723
870
735
1,282
705
985
521
362
177
185
56
74
1,190
759
431
135
71
444
260
185
165
50
791
567
224
74
112
635
440
194
81
62
514
247
267
140
69
623
287
335
216
32
562
368
194
55
118
1, 125
997
128
75
82
592
459
133
73
39
«07
554
253
64
114
410
123
286
34
77
327, 527
262, 627
539, 767
209, 769
429, 030
200, 591
349, 648
149, 768
650, 780
218, 322
470 161
301 267
258, 707
330 455
407,314
200 458
925 818
136 646
661 017
242 810
415 285
148' 913
364 479
183 065
2,558
1,069
1,696
2,653
1,063
1,779
2,701
1,022
1,939
2,752
2,731
2 780
2,752
2 848
2 789
920
r 2 115
2 080
2 064
977
2 796
2,062
918
887
2,119
2,r 768
918
2 124
2 159
99.05
99.39
79.06
98.41
98.76
78.05
98.62
98.97
78.55
98.27
98 59
79.06
98.36
98 67
80.36
97 91
98 19
80 28
96 98
97 24
80 92
96 95
97 19
82 10
97 44
97 71
81 82
116.7
125.4
97.88
115.7
124.9
96 97
115.4
124.4
97.08
115 2
124.9
96 31
114. 7
125.1
96 53
114 5
123 9
96 37
114 3
121 4
94 96
113 3
120.5
94 51
115, 121
129, 547
86, 843
90, 703
93, 992
100 868
80, 463
89 342
82, 141
90 512
108 696
111 629
93 547
96 276
111,885
126, 209
84 516
88, 119
92 031
97, 287
78 899
87, 152
80 249
86. 856
106 849
108! 668
91 216
90! 405
r
MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
mil. of dol
do _ _ _
do
do
973
928
r
337
876
r
331
2 825
r 894
2 822
905
2 260
r 2 345
2 170
98 07
98 35
81 27
97 65
97 gg
79 06
97 08
97 37
78 91
98 00
98 31
78 79
113 1
121 3
94 87
113 5
122 5
95 83
113 7
122 7
95 46
112 4
119 8
95 07
113 3
121 3
95 40
82 604
83 401
106 046
108 464
195 875
177 186
90 762
87 870
95 283
95 692
104 729
105 143
80 549
80, 933
104 134
106! 239
194 268
175.' 133
88 662
85! 283
93 795
93. 748
103 410
103! 482
2 189
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total^
_ - _ _ __
,_
dollars
Domestic
do
Foreign
. _
- _ __
_ do_ _
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al+issues):
Composite (17 bonds)
dol. per $100 bond
Domestic municipal (15 bonds) _ _ _ _
do _ _
U. S. Treasury bonds, taxable
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol__
Face value
.
_ _ _ _ _ _
do
New York Stock Exchange:
Market value
do
Face value
do
r
Revised.
" Preliminary.
9 Includes data not shown separately.
§ Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average price of all listed bonds
122 4
95 94
S-20
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
SURVEY OF CUKRENT BUSINESS
March 1956
1955
January
February
March
May
April
1956
July
June
August
Septem- October
ber
Novem- December
ber
January
February
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds—Continued
Sales— Continued
New York Stock Exchange, exclusive of stopped
sales, face value, total § _ _ _
_ thous. ofdoL
U S. Government
do
Other than U S Government total§
do
Domestic
- do
Foreign
do
Value, issues listed on N. Y. S. E.:
Market value total all issues §
mil. of dol
Domestic
do .
Foreign
do
Face value total all issues§
do
Domestic
-- - do
Foreign
do
Yields:
Domestic corporate (Moody 's)
percent. .
By ratings:
Aaa
do
Aa
_
do __
A
do
Baa
_
_- - do_ _
By groups:
Industrial
do__ _
Public utility
__
do_ __
Railroad
do. _
Domestic municipal:
Bond Buyer (20 bonds)
do_ _ _
Standard and Poor's Corp (15 bonds)
do
U S Treasury bonds taxable
_ _ do
Stocks
Cash dividend payments publicly reported:
Total dividend payments
_ .mil. ofdoL
Finance
do
Manufacturing
_ do_ _
Mailing
do
Public utilities:
Communications
do
Electric and gas
- -- _- do _
Railroad
do
Trade
- - - - do _
Miscellaneous
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
Dividends per share, annual rate (200 stocks) .dollars- Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
-- -do _
Insurance (10 stocks)
do
Price per share, end of month (200 stocks) 9 ---do
Industrial 0 25 stocks)
--do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Yield (200 stocks)
percent-Industrial (125 stocks)
- - -do _
Public utility (24 stocks)
do
Railroad (25 stocks)
-do _ _
Bank (15 stocks)
do
Insurance (10 stocks)
- __ _ -do
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)
percent-Prices:
Dow-Jones & Co., Inc. (65 stocks)
dol. per share. _
Industrial (30 stock")
do
Public utility (15 stocks) _ _ _
do
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad: cf
Combined index (480 stocks)
1935-39=100__
Industrial, total (420 stocks) 9
do
Capital goods (128 stocks)
do
Consumers' goods (195 stocks)
do.. _
Public utility (40 stocks)
do
Railroad ( 2 0 stocks) _ _ _ _ _ _
d o __
Banks, N. Y. C. (12 stocks)
do—
Fire insurance (16 stocks).
do_ __
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Shares sold
thousands
On New York Stock Exchange:
M^arket value
mil. of dol
Shares sold
thousands
Exclusive of odd lot and stopped sales (N. Y.
Times)
thousands
Shares listed, New York Stock Exchange:
Market value all listed shares
mil of dol
Number of shares listed
millions
101,100
79,992
81, 373
80, 570
76, 572
99, 554
79, 184
87, 826
119, 758
83, 974
75, 397
80,651
94, 044
101, 096
93, 654
7,356
79, 988
73,110
6,819
81, 373
73, 806
7,547
80, 570
74, 930
5,592
76, 572
64, 444
12, 041
99, 554
89, 672
9,846
79. 184
71, 587
7,535
87, 826
82, 368
5 445
119 757
114, 398
5 329
83 969
78, 916
5 026
75 397
69, 708
5 668
80 651
75, 662
4 986
94 044
89 448
4 560
105. 476
103, 351
1,456
106, 491
103, 985
1,841
104, 518
102, 427
1,433
106, 204
103,713
1,836
104. 349
102, 266
1,428
105, 806
103, 334
1,818
104, 344
102, 238
1,449
106, 184
103, 696
1,833
104, 459
102,314
1,487
106,200
103, 694
1,851
104. 282
102, 181
1,443
106, 513
104, 061
1,797
104, 002
101, 892
1,454
107, 237
104.785
1,797
103, 997
101, 853
1.496
107, 273
104, 796
1,822
104, 548
102, 416
1,487
107, 291
104, 818
1,817
106 110
103, 982
1 477
108, 199
105, 727
1,817
105, 501
103, 449
1 405
108, 039
105, 607
1,777
104, 750
102, 701
1,399
107, 898
105, 471
1,772
105 5~98
103, 572
1 371
107, 752
105, 357
1,740
3.15
3.18
3.20
3.21
3.23
3.23
3.24
3.29
3.31
3.30
3.29
3.33
3.30
3.28
2.93
3.06
3.15
3.45
2.99
3.10
3.17
3.47
3.02
3.13
3.18
3.48
3.01
3.13
3.19
3.49
3.04
3.15
3.21
3.50
3.05
3.14
3.22
3.51
3.06
3.14
3.24
3.52
3.11
3.20
3.28
3.56
3.13
3.22
3.31
3.59
3.10
3.19
3.30
3.59
3 10
3.18
3 29
3.58
3.15
3.22
3.33
3.62
3.11
3.19
3.30
3.60
3.08
3.16
3.28
3.58
3.08
3.12
3.25
3.12
3.15
3.28
3.14
3.17
3.31
3.14
3.17
3.30
3.17
3.19
3.32
3.18
3.21
3.31
3.18
3.22
3.32
3.25
3.26
3.36
3.25
3.29
3.40
3.23
3.27
3.38
3.22
3.28
3.38
3.26
3.31
3.42
3.23
3.28
3.40
3.20
3.26
3.37
2.43
2.39
2.65
2.45
2.42
2.72
2.42
2.45
2.71
2.40
2.43
2.77
2.39
2.41
2.75
2.48
2.48
2.76
2.56
2.62
2.87
2.63
2.67
2.91
2.53
2.63
2.88
2.45
2.56
2.82
2.52
2 55
2.85
2.58
2.71
2.88
2.48
2.64
2.86
2.49
2 58
2.82
721.1
142.0
233.7
259.5
70.8
85.5
1, 340. 4
91.0
869.2
100.1
669.0
118.8
235.2
251.3
62.0
104.8
669.2
142.3
221.8
7.1
3.3
1, 390. 3
93.6
909.6
104.0
263.3
56.1
107.9
1, 488. 4
108.5
985.7
113.2
669.0
128.5
234.9
294.6
85 2
112 2
20
2, 418. 7
265 8
1, 547. 0
230 5
808.7
164.5
269.5
1.3
126.4
85.1
23.9
57.0
15.5
1.4
127.5
86.9
18.0
57.5
4.3
4.5
8.3
5.1
40.4
112.9
62.5
38.6
28.7
6.5
8.1
6.2
128.5
87.2
17.4
55.7
1 5
73.4
3 4
7.9
38.9
114.2
58.6
41.1
28.2
42.1
126.4
117.4
51.3
38.2
136.5
87.0
40.1
91.5
4.60
4.93
2.18
3.36
3.15
3.49
111.68
122. 40
49.12
72.21
4.12
4.03
4.44
4.65
3.94
2.50
4.62
4.95
2.21
3.36
3.15
3.49
111.49
122. 15
48.54
71.63
4.14
4.05
4.55
4.69
4.06
2.49
4.63
4.95
2.23
3.40
3.15
3.49
119.66
133. 41
49.21
72.96
3.87
3.71
4.53
4.66
4.01
2.40
4.66
5.00
2.23
3.42
3.15
3.49
123. 15
137. 85
51.39
71.63
3.78
3.63
4.34
4.77
3.95
2.45
4.79
5.18
2.23
3.42
3.15
3.49
122. 44
137. 59
51.43
71.06
3.91
3.76
4.34
4.81
3.93
2.56
4.81
5.20
2.24
3.42
3.23
3.49
122. 51
138. 21
49.83
69.60
3.93
3.76
4.50
4.91
4.06
2.67
4.90
5.30
2.24
3.60
3.23
3.49
119.02
133. 96
48. 53
67.42
4.12
3.96
4.62
5.34
4.16
2.73
4
4.7
4
2.2
0
121.8
81.1
32.9
93.5
11.4
67.9
10.2
17.0
4.6
39.3
111.0
64.5
38.7
26.6
4.48
4.79
2.14
3.19
3.15
3.39
106. 21
116. 83
46.94
64.35
4.22
4.10
4.56
4.96
4.14
2.58
4.56
4.90
2.14
3.23
3.15
3.39
108. 30
118.49
48.59
67.42
4.21
4.14
4.40
4.79
4.06
2.51
4.59
4.92
2.18
3.23
3.14
3.49
108. 90
117.61
47.97
67.42
4.21
4.18
4.54
4.79
3.89
2.58
0
0
61.9
0
0
7.3
0
3.1
71.1
10.90
3.08
8.86
9 70
3 03
7.00
1
5
9.1
7.7
o
9.7
7 2
0
0
9.7
9.9
5.22
'5.21
5.19
5.72
5.71
5.69,
2.27
2.27
2.27
3.86
3.79
3 70
'3.34
••3.34
3.26
3.63
3.65
3.60
f
128.
03
'
123.
96
126. 95
145. 67
140. 11
143. 78
49.35
49.10
49.90
72.29
70.76
74.47
4.21
4.09
'4.07
4.08
3.92
3.96
4.60
4. 62
4.55
5.24
5.46
4.97
'4.23
4.09
'4.40
'2.84
2.69
2.63
' 10. 00
3. 13
'9. 02
5.24
5.72
2.28
3.86
3.34
3.87
128. 19
145. 53
49.66
71.45
4.09
3.93
4.59
5.40
4.41
2.87
11.40
3 20
9.06
3.98
4.00
4.01
3.98
3.99
3.98
3.96
4.01
4.06
4.04
4.01
4.05
4.03
3.99
147. 98
398. 43
62.39
142. 45
151.70
410. 25
63.29
145. 64
152. 75
408. 91
63.87
149. 06
158. 35
422. 99
64.56
157. 51
157.89
421. 55
64. 06
157. 75
162. 77
440. 79
64.23
161.16
166. 90
462. 16
65.51
158. 98
164. 94
457. 29
65.87
155. 19
169. 99
476. 43
65.36
160.08
160. 92
452. 65
62.31
149. 99
169. 48
476. 59
64.76
159. 29
172. 36
484. 58
64.98
163. 34
168. 18
474. 75
63.60
157. 94
168. 93
475. 52
65. 00
157. 96
268.8
301.9
302.7
232.2
145.1
222.4
150.5
302.3
278.1
312.4
316.2
235.0
149.6
231.9
153.9
311.1
277.5
310.8
315.3
233.8
150.4
237.9
157.3
312.4
286.2
321.5
330.2
241.0
151.8
252.1
164.2
322.5
285.0
319.7
331.9
239.8
152.3
250. 9
156. 7
327.0
300.7
340.5
356.2
250.6
153.4
258.9
157. 2
331.4
315.3
359.6
369.1
270.0
156.4
256.1
158.4
334.5
311.0
354.2
361.6
269.1
155.9
250.0
160.4
320.5
323.2
371.1
380.3
282.8
154.8
257.0
165.3
314.9
306.2
350. 1
350. 6
272. 6
150.6
240.5
157.5
293.1
321.5
369.2
370.2
285.9
153.8
254.6
160.9
309.3
327.0
376.8
379.0
284.2
153.2
257.7
162.5
315.0
322.9
371.7
373.0
275.8
152. 9
249.4
160.9
308.1
324.4
372.8
372.7
272.6
155.4
249.6
155.5
307.4
3 996
142, 277
3 547
131, 210
3 795
135' 043
3 155
105, 677
2 675
98, 219
3 247
116, 222
3 081
95, 984
2 579
84, 622
3 323
107, 344
2 978
95, 888
2 728
101, 986
2 925
105, 915
2 886
93, 041
3,438
96, 769
3,067
90, 745
3,277
91, 252
2,734
71,171
2,316
68, 645
2,784
79, 175
2,654
68, 416
2,229
59, 906
2,864
75, 519
2,598
66, 364
2,358
72, 613
2,512
69, 211
2,463
62, 227
74, 646
60,815
66, 865
53, 788
45, 427
58, 148
48, 459
41,806
60, 100
42, 178
46, 380
50, 991
47, 197
171,155
3,208
175, 588
3,236
175, 806
3,262
181, 386
3,284
182, 830
3,341
194, 406
3,434
198, 228
3,475
197, 994
3,492
197, 536
3,519
192, 782
3,560
204, 650
3,766
207, 699
3,836
202, 336
3,862
46, 401
' Revised, p Preliminary.
§ Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of
all listed bonds shown on p. S-19.
9 Includes data not shown separately.
cf Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
SURVEY OF CURRENT BUSINESS
March 1056
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-21
1955
January
February
March
April
May
June
1956
July
August
Se
em October
ber l
Novem- December
ber
January
February
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
Exports of goods and services, total
mil. of dol _
Military transfers under grants, net- _
do
Merchandise, adjusted, excluding military transactions _
--. __- - .mil. of dol _
Income on investments abroad
do
Other services and military transactions
do _ _
5 183
499
5 469
614
r
5 403
r
610
5 793
423
3,443
534
707
3, 536
553
766
r
3, 383
r
591
r
819
3,815
775
780
Imports of goods and services, total
__ _. .do
Merchandise adjusted cf
do
Income on foreign investments in U. S
-do _ _ .
Military expenditures
- do
Other services cf __ _ _
_ - do
4,092
2 762
113
648
569
4,444
2 799
126
759
760
r
4, 553
f 2 814
T
130
r 673
T
936
4, 567
3 115
135
687
630
+1, 091
+1 025
Balance on goods and services.
- do
Unilateral transfers (net), total.- _ _ _ . _
Private
Government
+850
+1, 226
1 131
982
— 130
852
-1,224
— 112
— 1 112
1 239
—110
1 199
do
do
do
—74
-3
—71
561
—397
164
r
-- do
do
do
+156
+30
+21
+538
+33
+204
r -4-519
- do ..
- -do ..
do
CJ S long- and short-term capital (net), total
Private
-- Government
Foreign long- and short-term capital (net)
Gold sales [purchases ( — )]
Errors and omissions. ...
r
r
r
r
HI
1 0?0
391
—381
10
215
T
167
r
48
+257
—8
—102
15
T
_1
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:?
Quantity-.
Value
Unit value
Imports for consumption :t
Quantity
Value
Unit value
Agricultural products, quantity:
Exports, U. S. merchandise, total:
Unadjusted
Adjusted
Total, excluding cotton:
Unadjusted
.__ _ ...
Adjusted
.
_
Imports for consumption:
Unadjusted
__
Adjusted
1936-38=100..
do__ .
- do
234
473
202
250
501
201
270
546
202
254
513
202
262
533
203
264
536
203
254
515
203
246
500
204
248
509
205
276
568
206
257
533
207
272
569
210
do
do
- --do
149
420
282
145
411
283
173
490
283
150
425
283
167
467
279
164
459
280
155
429
277
167
468
280
163
464
284
175
494
283
181
512
283
172
491
285
1924-29=100..
-- - do _.
92
89
96
112
108
123
75
93
72
91
95
127
do
do
133
133
143
171
160
183
113
133
108
126
145
175
do
do
99
97
91
90
111
99
99
93
109
111
97
104
91
100
100
106
95
97
5,281
9,343
5,989
8,924
6,145
10, 294
7,789
8 960
8,850
10 372
9,466
11 124
9,549
10 524
10, 099
11 566
r 11 061
..
-
Shipping Weight
Water-borne trade:
Exports, incl. reexports §
General imports. .
thous. of long tons..
do ...
9 760 i 10, 094
i 11 259
Value J
Exports (mdse.), including reexports, totals-mil, of doL. 1, 165. 6 1, 233. 2 1, 342. 3 1, 263. 6 1, 308. 0 1,315.8 1, 267. 1 1,228 3 1 248 9 1, 395. 1 1 308.8
By geographic regions:A
48, 155
Africa
thous. of dol
45, 305
59 460
52 931
56 218
56 464
50 046
43 922
41 925
44 031 49 664
Asia and Oceania
__
__
do. _. 185, 937 197, 451 232, 770 195 704 197 669 176 425 185 169 159 112 175' 914 199 272 IQQ 170
Europe
._
. _
do __. 332, 903 374, 971 360, 938 313, 202 307, 285 349 601 333 232 305 628 334 348 382 914 368 477
205, 787 221, 882 265, 001 277 835 293 582 286 065 254 356 271 858 276 224 295 584 277 241
Northern North America—
_do
Southern North America
_.
do_ _ _ 133, 683 125, 590 147, 725 142, 331 134, 729 138 089 136 808 135 015 136 707 146 472 155 201
South America.
do
127, 166 123, 613 135, 786 137 419 126 333 125 792 132 610 129 951 127 616 138 969 139 073
By leading countries: A
Africa:
7 416
3,620
Egypt
.
.
. -.- do
4,471
7 566
7 879
8 016
10 630
7 078
4 814
4 503
5 507
Union of South Africa
do
25, 202
22, 199
23, 660
24, 768
25, 401 23, 934
22, 203
17, 466
17,061
19 546 20 863
Asia and Oceania:
Australia, including New Guinea
do... - 15, 534
26, 819
18, 568
13, 475
13, 554
11,221
12, 671
13, 718
22, 392
17 210 20, 795
British Malaya
._
_ do.
2,755
3,190
3 575
2 981
2 389
3 185
2 739
3 445
3 093
2 637
3
China, including Manchuria
. . . do
0
o
0
0
' 0
0
0
o 2 316Q
0
India and Pakistan ... - . . .
do . 17, 290
20, 029
16 829
20 905
27, 029
16 900
20 272
18 181
15 240
23 388
15 618
Japan.
.
. .
_
do
57, 855
51 241
51,914
52 489
50 748
52' 98°
44' 847
52 884
54 157
46 506
54 734
Indonesia
.
_
do
4 619
8 044
5 621
5 919
4 532
5 714
6 331
7 163
8 493
6 020
5 614
Republic of the Philippines
do
27, 498
35, 723 35 898
29, 627
28* 407
23 3^0
21 666
37 759
23 281
31 564
22 244
Europe:
France _
. ..
_ _ . . ..do. - 28, 119
27 379
33 012
27 991
31 285
32 944
26 483
29 726
27 182
35 765
Q
East Germany
do
0
0
0
o
o 28 376Q
60
11
128
209
West Germany
_ . _.
. do .
41, 461 48, 392
42 296
48 386
55 076
52 746
47 240
51 693
47 933 49 307 50 464
Italy
do..-. 24, 602
33 311
28 566
32 568
31 854
23 193
29 471
30 792
25 416
28 370 30 928
Q
3
1
1
1
Union of Soviet Socialist Republics
do
112
15
33
10
64
12
United Kingdom
do
74, 793
79, 654
78 599
64 794
58 112
60 931
84 989
75 531
69 992
88 694 101 624
North and South America:
Canada
..
. . ._. . do
205, 785 221, 868 264 996 277 830 293 580 285 951 254 345 271 771 276 195 295 583 277 241
Latin American Republics, total 9
do
247, 216 235, 696 267, 055 265, 063 247, 340 251,689 257, 786 252 511 250, 681 269 865 278, 592
Argentina.
_. .
do
12 771
12 536
10 278
10 900
10 469
13 366
17 570
9 036
12 873
13 280
11 702
•I C CfiQ
Brazil
do
21 144
91 Q9*3
18 055
2o' 013
18 209
18 328
17 393
20 845
18 707
18 084
Chile
.. _
...
do
5 422
g' ggO
8 244
9 897
6 351
6 656
6 188
6 413
8 391
6 546
7 125
Colombia..
. do
24 g32
27 312
27 110
26 313
28 830
23 802
32? 609
25 903
24 432
28 315
25 928
Q9 CjQQ
Cuba
do
35 751
41 385
36 124
40 328
37 837
34 990
33 176
39 792
36 064 40 007
Mexico
-. -. ... _
do
50 785
58 990
49 562
57 833 53 874
56 220
61 232
61 452
66' 494
55' 571
59' 781
Venezuela
__do
41, 620 40, 851 45, 372
44, 102
46, 998
42. 900
40. 505
47. 080
54. 727
47. 235
40. 631
r
Revised.
* Revisions for October 1954 (thous. long tons): Exports, 7,473; imports, £,_.
cf Excludes military expenditures.
{Revisions for January-July 1954 will be shown later.
§ Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
ITotal exports and data by economic classes and commodities include shipments under the Mutual Security Program. Total MSP military shipments
January 1955-January 1956, respectively—85.3; 94.7; 92.2; 93.9; 131.1; 128.0; 127.8; 127.9; 99.1; 119.3; 72.7; 83.7; 82.0.
AExcludes shipments under MSP and "special category" shipments not made under this program.
$ Includes countries not shown separately.
1398. 0 v 1 275.9
44
216
384
276
162
170
323
589
872
743
407
360
6 106
17, 308
16, 674
3 306
o
30 106
67 781
6 784
22' 062
29 679
o
59 955
35 323
o
81 105
276 730
314, 772
11 055
22 997
11 044
35 691
43 816
66 633
62. 927
are as follows (mil
dol)-
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valued— Continued
Exports of U. S. merchandise, total ^
mil of dol
By economic classes:
Crude materials
thous. of doLC rude foodstuffs __
do
Manufactured foodstuff sand beverages _ _ do
Semimanufactures 9
do
Finished manufactures 9
. __
do
By principal commodities:
Agricultural products, total©
. ._
- do
Cotton, unmanufactured
do
Fruits, vegetables, and preparations
do
Grains and preparations
do
Packing-house products
do
Tobacco and manufactures
do
Nonagricultural products, total©
Automobiles, parts, and accessories
Chemicals and related products§
Coal and related fuels
Iron and steel-mill products
1, 152. 5
1, 221. 9
1, 329. 7
1, 250. 7 1, 299. 0 1, 306. 3 1, 256. 4 1, 219. 4 1, 239. 6 1, 384. 9
1, 299. 3
1, 386. 7 pi, 262. 9
154, 128
75, 478
57, 225
169, 157
696, 553
147, 440
82, 321
64, 879
183, 561
743, 660
152, 571
96, 344
69, 368
188, 825
822, 549
136, 236
56, 904
61, 703
191, 240
804, 633
140, 224
62, 739
59, 864
191, 393
844, 766
156,519
86, 777
70, 530
185, 248
807, 209
132, 021
97, 143
69, 742
184, 772
772, 730
139, 148
84, 503
62, 718
184, 127
748, 936
177, 044
69, 125
69, 979
197, 440
726, 024
206, 913
62, 956
80, 820
213, 637
820, 569
182, 894
71, 418
84, 864
195, 337
764, 776
175, 857
82, 944
86, 134
213, 909
827, 895
273, 394
63, 523
18, 690
72, 436
22, 920
25, 566
275, 041
59, 010
20, 314
80, 632
21, 895
22, 986
295, 431
69, 564
24, 869
102, 102
20, 815
26, 769
209, 624
45, 680
22, 656
58, 814
22, 380
15, 573
228, 068
43, 376
24, 182
63, 736
18, 784
18, 572
278, 992
56, 379
25, 748
86, 044
18, 922
21, 780
255, 380
11,746
24, 621
98, 035
18, 990
39, 720
222, 062
11,957
24, 062
83, 417
19, 814
34, 758
257, 879
21,914
21, 872
75, 124
18, 323
63, 749
290, 102
35, 952
29, 171
65, 176
24, 618
63, 719
294, 223
26, 697
24, 801
72, 362
25, 328
47, 214
308, 301
31, 224
25, 037
80, 149
27, 219
34, 560
1, 005. 1 1, 078. 4
879.1
946.8
1, 034. 2
1,041.1
1, 070. 9
1, 027. 3
1,001.0
997.4
981.7
1, 094. 8
thous. of doL_ 109, 267
79, 626
do
20, 230
do
53, 673
do
117, 663
84, Oil
27, 087
58, 156
136, 375
93, 307
22, 942
67, 160
148, 602
99, 036
40, 085
68, 626
142, 967
89, 224
41, 248
65, 908
123, 306
86, 231
45, 193
64, 512
108, 326
86, 650
42, 849
68, 490
96,115
91, 772
51, 948
62, 075
87, 138
91, 168
53, 139
69, 547
90, 393
97, 658
56, 174
78, 046
106, 756
93,002
47, 614
74, 053
125, 015
97, 131
46, 207
81, 173
mil. of dol__
Machinery total§©
Agricultural
Tractors parts and accessories
Electrical
M^etalworking§
Other industrial
do
do
do
do
do
do
227, 179
8,872
26, 331
64, 834
14, 893
101, 025
242, 323
10, 362
28, 616
69, 841
16, 932
104, 242
268, 459
12, 601
31, 694
71, 538
16, 991
121, 462
269, 294
13, 750
31,595
78, 489
15, 734
116, 779
266, 762
13, 340
30, 975
74, 544
17, 840
116, 546
250, 293
11,673
30, 563
66, 241
17, 162
113,417
248, 527
10, 978
27, 879
69, 140
15, 981
114, 120
221, 946
9,203
23, 467
58, 408
14, 906
107, 047
234, 164
7,342
20, 282
66, 922
15, 621
113,814
268, 480
7,402
30, 372
67, 830
19, 251
131, 254
267, 669
7,621
29, 046
71, 636
17, 859
129, 542
287, 346
9,424
34, 456
73, 541
19, 834
137, 720
Petroleum and products
Textiles and manufactures
do
do
46, 356
47, 208
47, 104
49, 588
49, 973
63, 230
49, 338
57, 248
56, 881
51, 435
54, 291
48, 841
61, 625
43, 218
61, 867
46, 060
53, 215
49, 499
58, 566
56, 184
48, 227
53, 489
55, 684
49, 669
General imports, total
mil.
By geographic regions:
Africa
thous
Asia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries:
Africa:
Egvpt
Union of South Africa
Asia and Oceania:
Australia including New Guinea
British Malaya
China including M^anchuria
India and Pakistan
Japan
Indonesia
Republic of the Philippines
Europe:
France
East Germany
\Vest Germany
Italv
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
Latin American Republics, total©
Argentina
Brazil
Chile
Colombia
Cuba
M^exico
Venezuela
of dol
870.3
849.5
1, 018. 9
870.7
966.1
938.8
885.3
958.9
945.1
1, 009. 8
1, 064. 2
1, 014. 5 "1,045.0
of dol
do
do
do
do
do
45, 650
151, 478
163, 357
183, 268
144, 864
181, 721
51,513
140, 966
179, 263
183, 828
138, 023
155, 888
65, 105
188, 066
225, 429
212, 704
145, 593
181, 983
56, 291
159, 534
179, 754
204, 344
116, 874
153, 951
54, 848
196, 428
195, 678
229, 672
121, 274
168, 179
46, 765
172,416
191, 809
244, 108
112,651
171,058
42, 605
173, 843
186, 566
208, 720
97, 032
176, 547
47, 641
187, 165
198, 698
244, 711
93, 949
186, 698
50, 444
169, 362
207, 166
234, 531
91, 127
192, 516
50, 189
167, 362
237, 722
239, 114
87, 889
227, 561
44, 716
184, 843
254, 637
240, 578
114, 948
224, 517
63, 062
161, 765
233, 475
226, 240
117, 720
212, 216
do
do
1,500
7,512
1,821
7,914
4,515
10, 604
3,381
6,321
1,417
10, 905
1,868
9,781
2,273
5,829
1,365
4,273
1,507
7,789
823
7,124
1,594
6,914
3,348
10, 993
do
do
do
do
do
do
do
15, 830
11, 634
843
21, 893
34, 416
15, 257
16, 728
4,158
15, 870
814
21, 189
22, 526
17, 843
17, 830
13, 854
20, 906
1,034
25, 701
34, 509
18, 376
22, 673
13, 297
19, 629
744
16, 666
28, 171
18, 337
22, 620
15, 518
22, 967
241
28, 378
33, 902
16, 605
31,614
6,026
22, 300
72
21, 967
34,418
14, 471
28, 333
13, 053
20, 692
56
21,011
35, 880
15, 502
26, 229
11,251
22, 673
848
18, 803
39, 384
18, 967
31, 290
11,211
20, 946
2,547
17,416
38, 976
18, 461
19, 537
4,810
20, 155
807
17, 875
43, 826
16, 259
15, 840
10, 959
18, 474
965
20, 492
47, 796
21, 335
14, 699
7,111
17, 932
664
20, 411
38, 156
20, 373
11, 345
do
do
do
do
do
do
12, 805
220
21, 706
9,740
692
35, 510
13, 170
759
21, 755
13, 486
1,147
48, 699
19, 836
597
31,354
21, 298
866
55, 535
16, 154
272
25, 894
14, 183
810
50, 370
14, 962
299
27, 655
14, 121
1,291
50, 886
16, 886
339
32, 650
13, 161
1,386
46, 650
15,512
693
30, 218
12, 413
2,025
52, 662
17, 142
272
34, 132
14, 147
1,175
55, 507
17, 440
632
32, 511
11,716
1,983
49, 433
17, 654
436
37, 722
19, 265
3,050
59, 543
21, 438
400
37, 000
19, 006
560
59, 403
19, 368
519
33, 569
17, 270
1,890
52, 150
do
183, 239
183, 772
212, 666
204, 327
229, 640
243, 965
208, 589
244, 342
234, 196
239, 114
240, 433
226, 209
do
do
do
do
do
do
do
do
297, 516
7,585
56, 529
12, 726
38, 722
36, 289
40, 976
47, 716
265, 376
9,222
36, 045
14, 990
32, 812
34, 524
41, 800
46, 389
297, 964
13, 198
40, 587
17, 482
32, 075
45, 858
40, 474
58, 546
251,086
11,048
43, 923
17, 258
19, 994
36. 703
32, 353
44, 190
271, 605
10, 593
42, 437
17,087
33, 236
31,609
38, 528
46, 579
263, 755
12, 789
38, 917
19, 224
32, 901
35, 901
34, 282
47, 103
258, 171
11,391
51, 823
14, 773
35, 452
32, 866
30, 390
42, 647
262, 446
11,861
46, 809
15, 273
40, 067
33, 816
27, 147
50, 404
259, 869
13, 295
66, 033
14, 430
28, 699
32, 654
27, 100
42, 801
294, 402
8, 583
77, 450
13, 522
60. 606
35, 471
20, 248
46, 159
312, 283
8,434
76, 885
23, 106
43, 716
37, 798
30, 671
49, 915
301, 924
7,925
54, 736
20, 515
43, 653
28, 096
33, 328
63, 087
862.2
843.3
1,005.6
872.4
958.6
941.9
879.0
959.2
951.0
1,013.0
1, 050. 6
1, 006. 2
201, 735
198, 600
86, 719
199, 304
175, 890
204, 075
169, 294
82, 655
209, 166
178, 140
254, 086
178, 541
105, 029
230, 281
237, 657
224, 817
146, 713
92, 409
210, 693
197, 730
237, 283
174, 931
95, 657
236, 116
214, 563
243, 106
143, 479
100, 453
235,717
219,097
219, 902
148, 645
93, 594
211,427
205, 399
250, 407
141, 289
96, 877
253, 465
217, 124
254, 593
138. 533
90, 986
243, 379
223, 491
244, 327
191, 034
95, 054
239, 781
242, 793
247, 693
193, 732
104, 694
251, 584
252, 943
267, 928
172, 398
78,589
255, 324
231, 994
358, 965
19, 055
140, 526
3,924
27, 719
36, 502
21, 646
318, 963
22, 471
107, 899
3,506
30, 358
36, 335
17, 518
372, 905
26, 086
105, 413
6,181
39, 470
44, 384
26, 404
318, 490
18,019
90, 882
4,342
40, 661
37, 144
23, 629
348, 658
11,452
120,060
6, 554
39, 591
38, 674
23, 605
311,696
15, 579
90, 136
5,628
33, 974
37, 399
22, 752
300, 664
8,592
102, 375
5,219
28, 509
40, 308
22, 096
315, 631
15, 759
94, 141
4,837
39, 854
42, 086
23, 678
305, 778
11,342
96, 678
3,167
37, 757
32, 656
20, 963
352, 523
9,869
146, 813
4,887
38, 286
28, 744
21, 694
360, 386
13, 987
138, 192
4,476
43, 053
27, 898
18, 899
320, 453
12, 445
123, 494
3,907
41, 366
18,919
17, 677
503, 283
Nonagricultural products total©
do
9,394
Furs and manufacturers
do
Nonferrous ores, metals, and manufactures, total
thous. of dol- - 75, 003
23, 363
Copper incl ore and manufactures
do
11, 672
Tin including ore
do
22, 200
Paper base stocks
do
46, 732
Newsprint
do 85, 202
Petroleum and products
do
524, 366
9,975
632, 690
7,853
553, 873
6, 452
609, 893
8,672
630, 155
7,429
578, 304
5,812
643, 532
4,437
645, 204
5,215
660, 464
3,403
690, 261
3,568
685, 779
15, 145
88, 207
29, 485
15, 037
22, 210
43, 200
84, 552
95, 277
31, 129
14, 984
28, 296
51, 451
95, 028
98, 197
30, 495
12, 093
21. 945
50, 320
74, 215
109, 207
30, 885
14, 093
25, 250
52, 767
76, 546
110,024
40.017
13, 248
30, 358
53, 239
82, 675
99, 814
34, 609
14, 800
23, 485
46, 794
75, 272
119, 896
42, 297
15, 366
31, 738
54, 381
85, 459
123, 240
48, 236
13, 874
28, 790
48, 449
84, 180
121,099
44,911
15,091
28, 942
53, 222
81, 840
125, 014
48, 285
14, 272
29, 878
54, 722
95, 184
127, 804
50, 115
13, 595
24, 595
57, 364
114, 237
Imports for consumption total
mil of dol
By economic classes:
Crude materials
thous of dol
Crude foodstuffs
do
Manufactured foodstuffs and beverages
do
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
r
Revised.
J» Preliminary.
{Revisions for January-August 1954 will be shown later.
H See similar note on p. S-21.
9 Data for semimanufacturers reported as "special category, type 1" are included with finished manufactures.
©Includes data not shown separately.
§ Excludes "special category, type 1" exports.
February
SURVEY OF CURRENT BUSINESS
March 11)56
S-23
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines: §
Miles flown, revenue
Express and freight ton-miles
Mail ton-miles
flown
Passengers carried, revenue __
Passenger-miles flown revenue
thousands. _
do
_ do__
_ do.
millions
45, 092
15,347
6,574
2, 601
1,485
40, 790
14, 753
6,694
2,367
1,320
45, 696
18, 174
7,597
2,732
1,521
45, 786
17, 427
7,268
2,950
1,620
47, 302
17 727
6,976
2,976
1,592
47, 526
18, 933
6,910
3,121
1,765
49, 180
16 967
6, 305
3,070
1,760
thous. of dol__
do
27, 258
8,965
26, 849
8,993
32, 326
13,712
29, 580
11 411
29, 921
11 483
33, 341
13 858
..cents..
millions
mil. of dol
14.1
783
119.6
14.1
731
113.0
14.2
837
126 3
14.3
800
124 2
14.3
802
121 8
14.3
756
116 3
flown
T
50, 060
20 578
6,827
3,064
1,748
48, 394
21 366
6, 736
3,071
1,692
49, 201
21 526
7, 015
3,081
1,674
45, 592
19 257
7,009
2,705
1,453
48, 500
21 510
10, 077
2 724
1,578
29, 622
10 314
32 560
12 392
32 986
13 421
33 730
14 193
33, 761
13, 476
40, 978
14 304
14.4
665
107 9
14.4
700
113 4
14.5
745
111 3
14.6
773
120 1
14.6
768
122.5
14.7
801
131 7
14.7
737
Express Operations
Transportation revenues
Express privilege pavments
Local Transit Lines
Fares, average cash rate _
Passengers carried revenue
Operating revenues
Large Motor Carriers (Intercity)
Carriers of property (quarterly totals) :^
Number of reporting carriers
Operating revenues, total
thous. of doL.
E\pences total
do
Revenue freight carried
thous of tons
Carriers of passengers, class I (quarterly totals) :
Number of reporting carriers
Operating revenues total
thous of dol
Expenses total
do
Revenue nassengers carried
thousands
789
763, 552
722, 339
52 405
787
789, 338
748, 376
53, 467
789
807, 935
771 144
54 515
159
77 332
77, 876
70, 136
159
92, 607
83,613
76, 367
157
110 236
90, 926
80 363
Class I Steam Railways 0
Freight carloadings (A. A. R.):cT
Total cars
thousands
Coal
do
Coke
do
Forest products
do _ _
Grain and grain products
do
Livestock
_
do _
Ore
do
Merchandise, 1. c. 1
-do
Miscellaneous
do
Freight carloadings (Federal Reserve indexes) :
Total unadjusted
1935-39=100
Coal
do
Coke
do
Forest products
do
Grain and grain products
do
Livestock
__ _do___
Ore
_
do
Merchandise, 1. c. 1 _
do
Miscellaneous
do
Total adjusted
do
Coal
do Coke
do
Forest products
do
Grain and grain products
do
Livestock
___ _ _ _ _ _ _ _
do_ _
Ore
do
Merchandise, 1. c. 1 _
_ do _ _
Miscellaneous
do
Freight-car surplus and shortage, daily average:
Car surplus, total 9
number
Boxcars _ _ _
_ _ _ _ _ _
_ _ do _
Gondolas and open hoppers
do
Car shortage, total 9
do
Box Cars
do
Gondolas and open hoppers
_ - do
Financial operations:
Operating revenues, total 9
_ _ _ . mil. of dol _
Freight
do
Passenger
_ _
._
_
_ _
-do _
Operating expenses
_
do
Tax accruals, joint facility and equipment rents
mil. of dol__
Net railway operating income- _ _ _ _
do. _
Net incomet
_ _. _
_
do
Operating results:
Freight carried 1 mile
mil. of ton-miles. _
Revenue per ton-mile
cents.
Passengers carried 1 mile, revenue
millions. .
2,505
488
40
164
189
35
58
234
1,297
r 2, 556
M99
r 41
171
177
25
'54
'241
r
1, 348
2,621
447
42
168
171
27
67
255
1,444
3,433
569
56
205
217
40
179
308
1,859
3,063
510
47
179
194
29
307
251
1,547
3, 085
529
47
186
208
23
332
258
1,503
3,731
553
57
219
335
27
416
324
1,799
3 114
528
50
192
217
27
344
257
1 499
3 142
535
51
185
208
40
352
249
1,522
4 124
697
66
231
287
71
410
327
2,036
3,054
559
53
167
207
50
251
247
1,520
3 417
726
69
210
220
46
103
284
1,760
2,713
573
55
173
185
34
74
225
1,394
2,751
563
55
173
182
26
80
238
1,433
110
103
127
133
132
61
53
37
123
113
105
131
138
124
45
49
39
128
115
91
134
135
120
49
59
40
137
120
95
142
133
123
58
136
39
140
130
105
147
145
137
52
271
40
146
130
99
148
153
155
41
296
42
144
131
104
151
146
197
41
305
42
140
131
109
160
156
152
49
303
41
142
138
115
167
155
154
80
320
41
151
139
115
166
149
162
103
283
41
154
135
121
173
141
149
91
212
40
149
124
124
181
140
127
66
73
37
137
124
123
181
145
135
62
67
37
137
121
115
171
141
129
47
71
38
136
121
103
121
148
132
64
210
39
134
122
105
124
144
127
56
198
40
136
123
91
133
135
130
62
204
40
144
123
95
144
133
140
65
177
39
142
128
105
149
139
155
57
177
40
144
125
99
151
147
152
50
191
42
140
125
104
156
145
164
50
190
43
139
126
109
166
148
141
51
202
40
140
127
115
169
143
138
60
213
39
139
129
115
169
141
162
67
202
40
141
131
121
173
144
152
72
202
40
143
134
124
172
158
136
68
235
39
145
137
123
172
161
135
65
268
39
149
132
115
161
147
131
59
285
39
145
71,087
9,568
49, 286
368
341
3
47, 171
6,445
30, 145
687
665
23
38, 468
3,351
28, 230
1,427
1, 334
34
21,810
2,398
11,657
2,418
1,834
281
14,414
2,911
2,317
6 350
3, 866
2,048
9, 583
3,383
866
10 456
6, 103
3,788
8,467
250
3,008
13 491
10, 824
2,362
5 164
274
372
13 369
8 018
5 179
5 045
453
297
12 922
7 299
5 332
3 505
136
894
20 942
11 615
8 692
3 574
247
359
15 916
8 952
6 672
5 558
598
870
3 673
1 484
2 005
5 757
1 451
761
2 945
1 503
1 246
5 1^1
979
448
3 355
2 366
870
752.7
625.9
65.3
590.0
724.3
611.8
55.3
564.1
825.2
703 2
56.5
612.0
796.0
673 9
58.2
602.2
850 4
724 7
59.2
634.9
875
737
66
644
1
9
8
9
849 6
711 2
70.0
644 8
905
764
68
669
907
777
55
671
873
744
57
656
858
706
69
695
2
4
9
2
831 6
703 9
65 1
661 4
94.1
68.7
51.9
93.6
66.6
46.1
115.4
97.7
77.9
106.4
87.4
67.0
114.2
101.2
86 7
124.2
106 0
88 1
112.1
92. 6
72 4
125.7
109 7
90 6
121. 0
103 8
79 6
125.4
110 9
90 0
114.1
103 1
79 9
85.3
77 8
95 0
107.3
62 9
48, 161
1.357
2,488
46, 098
1.382
2,057
50, 996
1.423
2,117
51, 205
1.372
2,222
55, 833
1.354
2,270
54, 938
1.389
2,561
54, 463
1.366
2,793
57, 044
1.373
2,743
57, 222
1.351
2,315
60, 694
1.332
2,152
55, 229
1.385
2,162
53, 722
1
9
2
7
876
745
59
651
6
9
6
8
6
5
9
3
9
1
8
8
Waterway Traffic
Clearances, vessels in foreign trade:
Total U. S. ports
thous. of net tons..
8,449
10, 141
8,748
9.446
11,183
11, 554
11, 790
11,839
11 885
11,822
Foreign vessels.
do
6,261
6,437
7,986
6,884
8,495
8 604
7,362
8 762
8 690
8 842
United States vessels
do
2,188
2,311
2,779
2,563
3,197
3,059
3,186
3,149
3 044
3 060
Panama Canal:
3,453
Total. ._
_
__. thous. of long tons
3,376
3,669
3, 760
3 750
3 464
3 932
3 703
3 810
3 883
3 279
3 707
3 508
In United States vessels
do
987
1,123
1,065
1,316
1,333
1, 419
1,305
1,469
1,517
1,268
L045
1,051
968
r
Revised.
§Beginning January 1955, data include local service operations of one carrier.
1 Data beginning 1st quarter 1955 cover large motor carriers having annual operating revenues of $1,000,000 or above.
(B1 Beginning January 1956, data represent operations of 121 carriers on the revised I. C. C. list of Class I. line-haul railroads; earlier data cover 129 carriers.
cf Data for April, July, October, and December 1955 are for 5 weeks; other months, 4 weeks.
9 Includes data not shown separately.
{Revised data for December 1954, $118,500,000.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
Average sale per occupied room
dollars. _
Rooms occupied
percent of total _.
Restaurant sales index
same month 1929=100-Foreign travel:
U S citizens' Arrivals
number
Departures
do
Aliens' Arrivals
do
Departures
do
Passports issued and renewed
do
National parks, visitors
._ -thousands
Pullman Co.:
Revenue passenger-miles
millions. .
Passenger revenues
thous. of dol._
7.17
73
252
7.25
74
252
7.02
75
241
7.65
73
259
6.98
74
277
7.61
74
280
7,19
65
235
7.97
71
260
7.78
74
258
8.17
78
265
8.07
71
260
7.10
58
236
69, 272
76, 638
45, 881
30, 472
34, 356
318
80, 021
85, 524
41,745
30, 235
40, 173
309
91,535
98. 615
51, 586
38, 963
56, 399
437
90, 092
104, 604
57,129
40,232
60, 675
690
109, 558
107, 290
61,419
42, 713
71,055
1,162
105, 876
140, 127
60, 765
53, 226
71, 626
2,547
134, 363
149, 959
64, 022
50, 396
40, 624
4,492
157, 479
113, 468
73, 692
51, 897
40, 963
4,472
134, 963
87, 534
80, 738
51, 205
31, 086
2,070
104, 192
75,861
66, 381
45, 025
26, 746
1,170
84, 890
68, 484
56, 839
38, 984
25, 990
432
83 769
702
9,224
587
7,710
600
7,884
543
7,129
521
6,823
571
7,500
545
7,148
564
7,388
533
6,971
555
7,252
561
7,311
599
7,827
441, 354
258, 047
146, 783
289, 318
62, 143
46, 093
429, 188
254, 859
137, 976
281. 240
60, 261
46, 310
454, 235
260, 606
157, 059
307, 210
59, 123
46, 545
449, 942
261, 586
151,080
299, 165
61, 148
46, 746
457, 793
263, 022
157, 307
306, 503
61, 220
46, 961
460, 582
264, 035
158, 688
304, 354
64, 294
47, 175
454, 265
261, 072
155, 069
301, 554
61, 979
47, 406
475, 538
265, 605
170, 757
318, 788
64, 084
47, 652
467, 757
267, 576
160, 757
309, 829
64, 401
47, 952
475, 879
273, 400
162, 431
312, 558
68, 096
48, 232
477, 855
275, 117
162, 516
317, 949
66, 582
48, 550
17, 552
15, 953
737
16, 996
14, 880
1,302
19, 859
16, 332
2,677
18, 920
15, 825
2,254
19, 598
16, 446
2,300
20, 042
16, 535
2,660
18, 110
16, 574
714
20, 175
17, 215
2,155
19, 451
16, 926
1,758
19, 074
16, 470
1,872
18, 665
16, 365
1,592
20 376
17, 209
2,770
2,676
2,104
301
2,452
1,972
220
2,933
2,068
599
2,579
2,088
236
2,771
2,131
367
2,902
2,123
521
2,769
2,128
364
2,817
2,156
374
2,963
2,169
516
2,831
1,983
578
2,724
2,030
448
3,040
1,966
798
2,754
2,272
333
2,635
2,198
351
2,893
2,306
466
2,689
2,275
296
2,743
2,317
306
2,875
2,302
452
2,761
2,272
374
2,954
2,247
601
2,997
2,300
585
2,985
2,311
572
2,973
2,428
473
3 250
2, 557
639
7.53
71
257
7.47
75
257
36, 660
356
44, 658
58 763
28, 310
310
COMMUNICATIONS
Telephone carriers:
Operating revenues 9
Station revenues
Tolls message
Operating expenses, before taxes
Net operating income
Phones in service, end of month
thous. of dol.do
do
_ _ .-do _ _ _
do
thousands. .
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous of dol
Operating expenses, incl. depreciation
do
Net operating revenues
do
Ocean-cable:
Operating revenues
_ .. do
Operating expenses, incl. depreciation
do
Net operating revenues
do
Radiotelegraph:
Operating re venues
do
Operating expenses, incl. depreciation
do
Net operating revenues
do
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Ammonia, synthetic anhydrous (commercial)
short
Calcium carbide (commercial)
Carbon dioxide, liquid, gas, and solid
Chlorine gas
Hydrochloric acid (100% HC1)
„_ . _
tons__ 270, 363
62, 388
do
42, 666
do
260, 357
do
do ... 67, 494
249, 398
53, 804
40, 551
232, 826
62, 751
285, 239
72, 522
53, 813
269, 319
69, 599
286, 567
71, 923
58, 644
235, 158
59, 266
296, 799
74, 505
73, 859
294, 847
71, 677
261, 285 236, 759
73, 941
77, 527
91, 906
80, 244
292,908 ' 291,424
68,693
73, 362
237, 202
74,634
96, 362
295, 492
66, 577
231,954
71, 374
77, 167
293, 929
69, 399
265,868
76,033
63, 138
316, 614
79, 237
213, 732
2,349
276, 286
190, 108
2, 132
289, 323
206, 932
2,466
312, 208
201,956
2,422
311,551
191, 743
2,422
306, 851
178, 428
2,326
261, 312
173, 595
2,249
197, 401
173, 057
2, 397
244, 502
173, 097
2,384
318,254
190, 556
2,582
320, 269
199,
341
r
2, 644
298, 313
385, 787
9,000
301, 769
359, 569
8,181
275, 326
420, 085
9, 538
317, 245
387, 242
9, 657
278, 266
442, 594
10, 734
336, 554
416, 147
10, 289
338, 232
380, 422
9,690
330, 413
392, 964
9,967
332, 687
413,071
9,982
334,488
442, 612
10, 801
357, 013
434, 159
10, 287
345, 872
432, 319
10, 398
356, 573
49, 451
50, 490
62, 841
48, 451
54, 900
56, 923
40, 905
42, 238
55, 154
56, 279
58, 811
53, 826
72, 365
66, 925
63, 263
66,232
67, 906
74, 570
74 934
70, 329
r
r
Nitric acid (100% HNOs)
do _ .
Oxygen (high purity)
mil. of cu. ft
Phosphoric acid (50% HsPOO
.short tons__
Sodium carbonate (soda ash), ammonia- soda process
(58% Na2O)
short tons.Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
do Sodium silicate, soluble silicate glass (anhydrous)
short tons
Sodium sulfate (Glauber's salt and crude salt cake)
short tons
Sulfuric acid:
Production (100% H2SO4)
thous of short tons
Price, wholesale, 66°, tanks, at works
dol per short ton
Organic chemicals :cf
Acetic acid (synthetic and natural), production
thous oflb-.
Acetic anhydride production
do
Acctylsalicylic acid (aspirin) production
do
Alcohol, ethyl:
Production
thous of proof gal
Stocks, snd of month, total
. __do ...
In industrial alcohol bonded warehouses do In denaturing plants
__ .. . do
Used for denaturation
do
Withdrawn tax-paid
_
do _ _
Alcohol, denatured:
Production
__ -thous. of wine gal Consumption (withdrawals)
do
Stocks end of month
do
272, 748
85, 611
49, 467
316 948
78, 154
r
r
212,
921
r
2, 734
304, 081
75 973
69 511
68 483
66 972
1,313
1,266
1,388
1,339
1,373
1,255
1,122
1,202
1,259
1,355
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
43, 071
67, 886
1 194
36, 944
60, 353
1 202
48, 100
78, 590
1 509
45, 256
72,127
1,217
41, 621
70, 477
1,413
43, 729
67, 664
1,406
43, 987
66, 359
1,099
44, 647
69, 499
912
47, 421
66, 299
716
47, 014
70, 722
1,705
47, 263
73, 491
1, 385
47, 771
80, 027
1,606
35, 304
52, 130
31, 724
20, 406
35, 045
703
33,015
53, 068
31, 791
21, 277
32, 792
672
35, 615
48, 109
27.316
20, 793
37, 855
927
37, 784
49, 720
27. 991
21, 729
36, 230
650
39, 523
51,873
30, 904
20, 969
35, 023
795
36, 499
49, 984
28, 545
21, 439
37, 046
902
35, 855
44, 842
31, 257
13, 585
40, 970
720
36, 263
38, 560
24, 877
13, 683
39, 225
1,007
40, 923
39, 417
25, 994
13, 424
37, 831
929
40, 903
40, 273
28, 062
12, 211
36, 894
908
41,911
44, 710
34, 912
9,798
37, 787
946
41, 172
40, 479
30, 726
9,753
49, 178
888
40, 447
41, 989
33, 245
8,744
38, 770
783
18, 862
19, 346
4,934
17, 677
17, 174
5,455
20, 404
20, 645
5,238
19, 504
20, 156
4,504
18, 878
19, 382
4,013
19, 989
18, 585
5,267
22, 180
18, 874
8,642
21, 140
21, 476
8,383
20. 425
18, 893
9,825
19, 914
22,607
7,079
20, 383
21, 273
6,065
26, 421
25, 491
7,701
20, 378
21, 748
6,487
9,807
10, 190
7,765
84, 885
97, 092
10, 340
10, 273
7,809
84, 693
107, 005
10, 723
10,310
6,124
75, 535
111,181
9,710
10 991
7,636
82, 575
107, 479
20, 436
17, 193
29, 200
23, 093
17, 647
30, 241
21, 819
17, 054
30, 546
22, 943
15,719
34, 280
190
17, 590
30,414
197
17, 698
31, 174
186
17, 206
29, 980
196
19, 675
29, 749
8,538 ' 11. 567
13, 014
10,167
9,565
8,934
11,064
10, 681
Creosote oil, production
thous. of gal
11, 334
11, 277
9,216
10, 673
9 359
9 319
10 456
10, 703
DDT production
thous oflb
7,726
7,017
9,006
6, 171
6,639
4,571
7,336
8,395
Ethyl acetate (85%) production
do
82, 831
86, 963
72, 854
74, 909
55, 756
51, 599
55, 206
60, 605
Ethvlene glycol, production
do
82, 131
93, 912
99, 344
95, 422 111,366 104, 641 104, 700
77, 226
Formaldehyde (37%HCHO) production
do
Glycerin, refined, all grades:
22, 102
15, 608
18, 345
21, 384
18, 566
17, 275
20, 032
20, 461
Production
do
14, 165
16, 510
15, 692
15,848
16, 055
14, 642
16, 306
Consumption
do -- 14, 836
25, 880
28, 146
27, 061
30 073
28, 391
28, 699
26, 913
28, 688
Stocks end of month
do
Methanol, production:
181
192
187
157
185
186
167
170
Natural
thous of gal
17,465
17, 463
15, 886
15, 531
16, 740
13, 825
16, 071
Synthetic
do _ - 15, 393
29, 735
31, 582
24, 976
29, 263
29, 339
24, 851
25, 798
30, 450
Phthalic anhvdride. Droduction
thous. oflb.
r
Revised.
» Preliminary.
9 Includes data not shown separately.
cfData (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.
268, 859
80, 686
52, 606
308,113
76, 418
r
r
1, 418
r
1, 469
v 22. 35
24 836
16,297
36 680
SURVEY OF CURRENT BUSINESS
March
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-25
1955
January
February
March
April
May
June
1956
July
August |~- October
November
December
3rO
355, 137
107, HO
January
February
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
511
tons.tons-_ 284, 959
do, _ _ 49, 490
216,270
do
10, 529
do
786
321. 465
97, 057
172,074
21,039
1,839
287. 049
59, 568
183, 344
24, 519
1,650
378, 105
76,515
268, 969
11,172
1,001
324, 919
48, 403
257, 181.
12, 160
559
232 878
33,511
177, 583
9,242
241
285, 452
31, 568
206, 699
35, 078
172
344. 305
40, 228
270, 631
22, 784
292
488 983
76 340
377, 472
24 752
440
472,
202
89, 376
362. 413
13 771
428
355, 758
86, 295
239,013
18, 490
22", 560
11.379
- d o _ _ - 228, 075
do
190, 506
59, 359
do
9,294
do
12, 868
_ _ _ _
_ do.
crude, f. o. b. cars,
51 25
_ dol. per short ton
236, 247
165,449
49, 463
11, 194
41,339
353, 695
256, 702
70, 535
20, 126
48, 161
241,269
1 77, 029
61,015
9, 712
25, 904
322, 904
1 60, 943
71, 768
8 030
1 5, 778
164, 745
113 116
52, 914
2 536
12, 104
146,927
80 668
42, 876
15 898
28 107
124,702
82 693
26, 074
10 421
6,798
175 655
120 566
57, 674
9 784
17 946
14g 9819
85 40
28. 273
8 654
33 838
175, 413
121 309
34, 652
10 157
33 407
194, ^28
126 7" 9
53,
OPO
1Q 969
40 156
51.25
51.25
51.25
51. 25
51. 25
51.25
51.25
51 25
51 25
51.25
51 25
p51 25
187, 873
200, 116
266, 832
235, 857
164, 411
61, 750
93, 209
115 859
137 897
145 617
161, 564
153 431
198 819
209, 017
347, 161
210, 165
347, 728
228, 764
274, 322
233, 572
221 442
210,818
248 022
143, 181
289 542
93, 769
291 246
136 990
292 176
182 209
301 413
214 898
318 512
216, 247
333 608
1,017
52, 571
810
53, 167
876
58, 535
685
62, 651
346
65, 632
280
68, 967
315
60, 043
478
74, 622
466
69 589
521
69 983
411
67, 244
63 900
447
3,214
400
3,201
435
3,091
438
2,996
456
2 925
425
2,875
488
2 887
501
2 943
499
3 000
545
3 004
537
3 095
3 181
531
3 216
16,121
12, 592
12. 551
16, 418
12,547
14, 256
16, 056
13,004
14, 590
1 5, 888
12, 356
15,067
22 451
15, 394
15, 893
16, 823
14, 938
15, 398
14 552
12, 927
14, 283
19 094
15 322
14, 299
16 956
15 018
12, 277
16 326
15 143
11,399
20 261
14, 532
13, 492
16 158
11 312
15, 423
17 913
12 499
14,519
do
do
do
193, 409
132,687
261,572
191, 746
129 682
250. 673
202, 762
140 061
251, 603
192,363
129 273
243, 923
203, 501
138 140
241, 165
204,311
132 798
237, 456
190 483
98 629
249, 906
216 060
128 855
251^071
206 370
138 630
252, 569
221 236
137 471
240 419
249 132
134 692
267, 871
237 018
137 387
289, 745
240 277
127 518
303, 179
do
do
do
532
8,275
51, 494
312
8,391
47, 554
345
10, 564
46, 141
1,415
12 732
36, 962
9,989
11 438
36, 045
40, 574
10 968
68, 129
33 986
9 337
61,779
28 944
9 653
70 455
26 161
11 233
94 337
15 432
12' 375
98 049
12 200
12 977
104 893
T
5 235
T 13 79^
!04 728
1 223
10 570
82 552
547
524
487
489
493
564
441
486
443
496
415
495
390
391
41*
447
493
482
671
573
665
597
r 591
616
639
590
do _ _ _
do
674
806
671
689
645
714
617
703
579
656
514
564
490
479
485
429
504
409
563
426
654
468
678
523
692
567
. _ thous. of Ib
do
do
. - _ do. _
95, 711
40, 053
2.049
38, 005
168, 751
45, 306
6,858
38, 448
27, 248
40, 233
1,402
38, 832
26, 052
38, 601
2, 602
36, 000
50, 809
42, 447
2, 766
39, 681
77. 636
45 936
2, 194
43, 742
111 215
36 639
3 503
33, 136
40 770
34 271
1 299
32, 972
60
32
3
28
short tons
do
do
29, 211
16, 579
25, 448
22, 415
15, 736
19, 810
28, 344
15, 313
34, 819
31, 089
16, 674
25, 234
28, Oil
19, 231
31, 743
32, 933
18, 474
30, 524
22, 926
22 2 2
28 115
31, 203
17 697
25 099
thous. of Ib
do
36, 747
28, 899
28, 737
27, 596
36, 068
32, 005
40, 438
28, 240
36 056
29, 282
41,327
30, 955
29 144
23' 909
do
do
43 613
24, 231
43 043
24, 327
49 801
28, 476
43 342
27, 496
46 344
29, 755
46 234
26, 40°
do
do
do
68, 715
11, 982
10, 459
61, 012
11, 772
14,617
68. 573
11,844
12, 225
73. 996
11, 054
9, 633
73. 119
9 554
9 835
119
598
1,842
84
514
1,412
36
438
1,010
13
318
705
293, 109
242, 133
254, 430
257, 064
218 99$
278, 909
196, 278
141, 494
169, 946
145 221
159, 433
144, 295
28, 524
661
.206
Consumption (10 States)©
thous. of short
Exports, total 9
short
Nitrogcnous materials
- -_ _
Phosphate materials
__ _
Potash materials
_.
_ _ _ _.
Imports, total 9 - - - Nitrogenous materials, total
Nitrate of soda
Phosphate materials
Potash materials
.
_
Price, wholesale, nitrate of soda,
port warehouses _
. _ -
-
Potash deliveries -- ._. _
short tons
Superphosphate (100% available phosphoric acid) :
Production
_
short tons
Stocks end of month
do
r
r
231 613 '254 696
378 360 i 420 496
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
thous. of Ib
High explosives
_ do
Sulfur (native):
Production
thous. of long tons
Stocks (producers')? ?nd of month
do
418
574
522
65 162
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases :cf
Tallow, edible:
Production
thous.
Consumption, factory If
Stockr (incl. refined grades), end of month...
Tallow and grease (except wool), inedible:
Production _
Consumption factorv t
Stocks (excl. refined grades) , end of month
Fish and marine mammal oils:A
Production t
Consumption, factory
Stocks, end of month
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production, crudet
__
Consumption, crude, factoryt
Stocks, end of month :J
Crudet
Refined §
. _
Exports
- __ ._
Imports, total
Paint oils.
_ _
All other vegetable oils
Copra:
Consumption, factory ._ _ _.
Stocks, end of month
Imports
_ _
Coconut or copra oil:
Production:
Crude
Refined. _ _ _ .
_ _ _ _ _
Consumption, factory:
Crudet
Refined.
_
Stocks, end of month:
Crude
Refined
Imports _ _
_
_
__
of Ib
do
do
mil. o f l b
do
Cotton seed :t
Receipts at mills _
_ thous. of short tons
Consumption (crush)
do
Stocks at mills, end of month
__do . .
Cottonseed cake and meal:t
Production
short tons
Stocks at mills, end of month
_ _ d o ._
Cottonseed oil, crude :t
Production _ _
_ _ _ _ _ thous. o f l b
Stocks, end of month
do
Cottonseed oil, refined:
Production. _
_
_
_ do
Consumption, factory
dn
In margarine
do
63 517
24 732
l' 145
23 587
73
43
3
40
27, 420
24 085
42 014
31 940
19 431
42 335
26, 873
17 267
23 401
25 407
20 137
22 268
31, 035
23 721
39 835
38 211
34 747
34 988
40 689
32 465
34 378
31 688
32 532
25 719
39 330
2X 902
34 598
21 431
54 334
33 155
52 944
32 556
49 213
32 720
49 °73
32 535
42 972
27 072
47 851
27 613
78, 603
10 174
14 265
84, 979
12 760
10 969
85, 529
13 242
15 790
82, 533
14 067
8 771
78, 825
12 581
9 244
75, 871
14 407
19 139
75, 913
13 164
10 367
82, 707
1510}
7
285
422
19
197
243
131
165
209
349
212
345
1 066
494
917
1 689
708
1 898
570
672
2 421
169
692
1 898
154, 119
273, 098
139 630
266, 945
95 378
237, 998
78 293
203 090
103 409
169 703
233 349
150 240
328 503
170 721
370 633
173 749
317 153
163 049
320 731
191 461
150. 978
125, 738
110,834
106 593
101 987
96 409
67 251
73 552
56 962
53 915
70 391
58 955
159 431
87 689
236 807
155 640
262 589
204 °67
226 931
192 182
231 041
192 547
141, 252
141, 288
25, 294
161, 402
138, 285
28, 949
117, 110 105, 7C9
119 302 \ 135 366
19, 105
21, 325
87, 033
134 560
20, 718
59 120
95 859
14] 330
57 996
105 137
16, 336
96 846
101 707
20, 868
140 847
125 255
24, 473
189 943
130 453
31,115
185 720
117 038
26, 834
174 915
19^ 015
31, 208
546
.206
568
.198
688
2F0
933
318
059
677
375
302
r
1 406
' 781
2 523
126
40
2
38
802
F5':)
£36
023
273
527
433
344!
287
324
283
378
417
.207 i
. 222
.201 1
.188 1
.215
.191
.188
.188
P. 192
r
Revised.
v Preliminary.
i Includes "other phosphatic fertilizers" as follows: Production, 17,340 tons; stocks, 20,843 tons.
© States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arfcins-is, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,
consumption in that State is as follows (thous. short tons): 1955—January-March, 287; April-June, 349; July-September, 71; October-December, 92.
9 Includes data not shown separately.
cf1 For data on lard, see p. S-29; figures prior to 1955 for tallow will be shown later.
1 Consumption figures for edible tallow exclude quantities used in refining; those for inedible tallow, etc., include such quantities.
A Beginning 1955, data may include some refined oils (not formerly included); consumption figures exclude data for cod, cod-liver, and other liver oils, and stocks include only the quantities
of these oils held by producing firms.
t Revisions for January -July 1954 (August 1953-July 1954 for cottonseed and products) will be shown later.
§ Includes stocks owned by the Commodity Credit Corporation.
Stocks, end of month §t
Price, wholesale, drums (N. Y.)
mil. o f l b - dol. per lb._
562
.199
SURVEY OF CUREENT BUSINESS
S-26
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 19D6
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Con.
Flaxseed:
Production (crop estimate)
thous. of bu
Oil mills:!
Consumption
do
Stocks, end of month
do_
Price, wholesale, No. 1 (Minneapolis) _dol. per bu__
Linseed oil, raw:
Production!
__ thous. of lb__
Consumption, factory!
_ do. __
Stocks at factory, end of month!
do
Price, wholesale (Minneapolis)
dol. perlb_Soy beans:
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. Y.)
dol. per lb_.
Margarine:
Production
thous of Ib
Stocks (factory and warehouse), end of mo cf. do
Price, wholesale, colored, delivered (eastern U. S.).
dol. per Ib
Shortening:
Production
thous. of lb__
Stocks end of month cf
do
PAINTS. VARNISH, AND LACQUER
Factory shipments total
thous. of dol
Industrial sales
do
Trade sales
do_
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes
__ _ _ thous. of Ib _
Molding and extrusion materials, __ __ _ _ d o
Nitrocellulose sheets rods, and tubes
do
Other cellulose plastics
_ -do
Phenolic and other tar acid resins
Polystyrene
Urea and melamine resins
Vinyl resins
Alkyd resins
Rosin modifications
Miscellaneous
.
_
_
__do
do
do
do
do
do
__do__ _
1
40, 638
2,341
4,550
3.35
1,884
4,276
3.36
3,138
2, 559
3.25
1,861
1,654
3.24
2,014
1,006
3.34
1,552
1, 035
3.35
2, 023
1,807
3.29
2, 635
3, 034
3.15
3,064
4,797
3.08
4,275
7,166
3.10
3, 132
7,542
3.17
3 263
6, 695
3.21
3 268
5, 573
3.35
46, 204
34, 933
181, 927
.123
37, 058
40, 974
164, 731
.125
59, 703
43, 533
171, 597
.123
36, 801
45, 085
161, 853
.125
40, 707
43, 619
139, 750
.131
30, 891
50, 888
110, 324
.131
41, 248
45, 991
62, 259
.132
52, 553
46, 629
63, 138
.135
61, 403
46, 724
68, 623
.136
84, 708
56, 220
80. 294
.130
62, 493
41,236
108, 296
.127
64, 470
43, 583
136, 013
.128
64, 490
42, 102
135, 331
p. 133
21, 483
33, 243
19, 777
24, 355
19, 525
17, 549
20, 031
12, 912
21,012
10, 200
22, 119
10, 775
21, 347
10, 541
19, 891
7,201
18,712
20, 117
25, 388
74, 133
25, 394
88, 365
371, 276
23, 869
81, 784
24, 445
73 783
230, 957
205, 325
192, 795
214, 068
187, 174
185, 616
210, 643
219, 803
219, 097
218, 083
199, 755
194, 676
229, 163
217,411
211, 230
243, 635
224, 826
216, 075
235, 756
182, 704
166, 083
219, 494
213, 451
190, 072
206, 411
202, 904
210, 645
279, 908
240, 688
220, 896
277 042
232, 664
215,687
261,550
232, 155
234, 323
270 046
239, 846
238, 205
118, 602
80, 090
.194
128, 114
73, 078
.194
107, 732
68, 183
.187
104, 438
66, 197
.186
94, 695
64, 702
.188
83, 164
67, 247
.191
119, 559
67, 093
.185
113,578
78, 623
.181
109, 178
70, 699
.171
109, 695
77, 514
.174
135, 084
82,310
.175
138, 232
79, 686
.173
137, 246
81, 682
p. 182
124, 476
23, 763
119, 803
25, 467
125, 781
28, 390
104, 407
26, 428
112, 569
23, 484
105, 024
25, 580
79, 699
24, 252
91,592
20, 632
113,923
22, 206
124, 428
25, 881
116.447
22, 835
115 218
23, 703
133 853
22, 611
1
.273
.273
.273
.273
.273
.273
.273
.273
.273
.273
.273
.273
p. 273
172, 515
119, 826
168, 263
128, 537
187, 778
150, 179
159, 921
158, 191
182, 210
145, 034
188, 782
154, 234
121, 993
138,949
151,447
149,813
158, 370
140, 726
180, 783
136, 658
161.917
137.012
141, 387
142 961
150, 136
125 447
109, 796
45, 017
64, 779
104, 023
44, 363
59, 660
133, 311
54, 072
79, 239
135, 089
53, 096
81, 993
143, 397
54, 443
88, 954
149, 721
56, 336
93, 385
124, 563
47 208
77, 355
137, 609
55, 309
82, 300
133, 267
52, 198
81, 069
125,214
54, 792
70, 422
118, 993
53, 223
65, 770
101,241
46 000
55,241
127 834
51 232
76 602
3,290
6,908
414
553
3,215
7,177
364
559
4,281
7,422
483
744
3,265
7,574
427
584
3,247
7,758
403
561
3,903
7,723
415
333
2.283
6,271
260
313
3,390
7,681
413
332
4,012
8,728
396
430
3,880
8,374
415
385
3,495
8,394
451
643
4,041
7,705
428
433
37, 195
41, 459
36, 360 1 44, 185
20, 676
24, 956
51, 650
59, 767
38, 899
31, 909
12,126
10, 478
42, 259
37, 041
39, 448
41,824
23, 711
56, 773
38, 835
12, 096
47, 846
39, 876
42, 550
22, 636
61,731
38, 444
11,820
48, 750
34, 394
36, 860
20, 698
53, 782
31,441
11,353
35, 806
1
41, 994
30, 288
39, 087
42, 221
42, 273 35, 749
41, 144
50, 304
21, 231 17, 110
22,416
24, 280
56, 118
54, 628
57, 022
60, 968
39, 136
31, 979
35, 886
36, 700
11, 665
12, 303
10, 767
12, 148
47, 143 ' 44, 395 ' 47, 884 * 52,722
r
44, 619 ' 44, 665
48, 460
48, 272
26, 498
25, 197
62, 159
62, 200
35, 480 r 34, 464
12, 628
11,083
55, 953 ' 57, 917
43, 044
47, 434
24, 206
61, 285
35, 689
10, 617
58, 247
ELECTRIC POWER AND GAS
ELECTRIC POWER
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— .do. _ _
Other producers (publicly owned)
do.
Industrial establishments, total,
By fuels
By water power
- -
_ _ _ _
do_ _
do
_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 o r domestic _ _ _ _ _ _ _ _ _ _ _ ._ _.do _ _
Rural (distinct rural rates)
do Street and highway lighting __ _ _ _ _ _ _ do
Other public authorities
do
Interdepartmental
_ _ _ _ _ _
_ d o __
50, 404
43, 955
34, 526
9,429
46, 269
40, 230
31,659
8,571
51,153
44, 449
34, 051
10, 399
48, 376
42, 035
31,567
10, 468
49, 939
43, 354
33, 539
9,815
50, 725
44, 234
34, 525
9,709
52, 924
46, 625
37, 275
9,350
55,917
49, 353
39, 821
9,532
52, 907
46, 335
38, 168
8,167
54, 206
47, 367
38, 601
8, 766
54, 513
47, 751
38, 543
9,208
57, 571
50, 715
41 408
9 307
58
51
41
9
36, 294
7,661
33, 230
7,000
36, 248
8,201
34, 257
7,778
35, 326
8,028
36, 012
8,222
37, 848
8,777
40, 179
9,175
37, 595
8,740
38, 759
8,608
39,100
8,651
41,477
9,238
41, 769
9,351
6,448
6,139
309
6,039
5,742
296
6, 703
6,375
329
6,341
6,017
324
6,585
6,277
308
6,490
6,204
286
6,299
6, 052
247
6,563
6,309
254
6,572
6,365
207
6,839
6, 608
231
6, 762
6,524
237
6,856
6 632
224
6,972
6 741
231
38, 198
37, 654
38, 283
38, 140
38, 127
38, 850
39, 557
41, 957
42, 122
41, 829
41, 688
43, 654
6,384
18,414
6,311
18, 133
6,269
19, 253
6,225
19, 496
6,240
20, 248
6,586
20, 778
7,601
20, 551
7,497
21, 895
7,476
21, 982
7,026
22, 512
6 738
22, 364
6 945
22, 702
437
11,071
601
421
829
40
399
10, 958
605
379
822
48
416
10, 375
719
371
830
51
374
9,917
928
334
817
50
365
9,208
879
314
822
49
370
8,975
958
296
837
52
335
9,262
1,160
305
833
49
352
9,706
1,266
330
860
52
354
9,812
1,213
356
876
54
356
9,672
954
396
862
51
391
10, 073
770
422
883
47
433
11, 495
699
452
876
50
639,059
647, 704
661, 284
690, 352
695, 804
684, 701
681, 561
712, 806
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of doL 660, 153 655, 779 651, 058 644, 841
r
l
Revised.
» Preliminary.
December 1 estimate of 1955 crop.
! Revisions for January-July 1954 will be shown later.
cf Beginning January 1955, data exclude quantities held by consuming factories.
092
120
764
356
3.47
SURVEY OF CURRENT BUSINESS
March 1956
S-27
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
March
May
April
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
ELECTRIC POWER AND GAS—Continued
GAS
Manufactured and mixed gas (quarterly ):cf
Customers, end of quarter, total
thousands
Residential (incl. house-heating) ... . .. -do
Industrial and commercial
do
Sales to consumers, total
mil. of therms
Residential (incl. house-heating)
do
Industrial and commercial
do
Revenue from sales to consumers, total thous. of dol
Residential (incl. house-heating)
do
Industrial and commercial
do
Natural gas (quarterly ):d1
Customer^ end of quarter total
thousands
Residential (incl house-heating)
do
Industrial and commercial
do
Sales to consumers total
mil of therms
Residential (incl. house-heating)
do_
Industrial and commercial
do
Revenue from sales to consumers total thous. of dol
Residential (incl house-heating)
do
Industrial and commercial
do
5,361
4,961
5,510
5,097
409
5,173
4,793
398
827
516
302
1,210
879
323
378
546
274
264
155, 784
118, 446
36, 572
110, 431
79 476
30, 325
75, 929
50 946
53 422
22, 498
20, 672
1,799
19 565
8,715
10,159
1,021,488
658, 033
344 245
22 641
20, 870
1,744
14 221
3, 931
9,602
648 215
342, 971
287 646
22 973
2l' 212
1,734
12 044
1,741
9 590
478 745
194 055
267 158
_
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
6,216
Production!
thous. of bbl.
5,388
Taxable withdrawals
_ _
do
9,577
Stocks end of month t
do
Distilled spirits:
Production t
__.
thous. of tax gal ._ 13, 267
Consumption, apparent, for beverage purposes
thous. of wine gal._ 12, 333
8, 654
Tax-paid withdrawals!
thous. of tax gaL.
842, 588
Stocks, end of month! _ _
__ _
--do
1,307
Imports
thous. of proof gal
Whisky:
8,239
Production!
thous. of tax gal_
4,742
Tax-paid withdrawals!- .
do_
708, 242
Stocks end of month!
do
1,162
Imports
thous. of proof gal
Rectified spirits and wines, production, total 9 !
4,707
thous. of proof gal. _
4,012
Whiskvl
do
Wines and distilling materials:
Effervescent wines:
143
Production!...
thous. of wine gal._
107
Taxable withdrawals!
do
1,170
Stocks end of month!
_ __
do
30
Imports
_-- -- - do
Still wines:
1,941
Production!
do
Taxable withdrawals §!
do
10, 022
182, 002
Stocks, end of month §!
do
402
Imports
- do
1,938
Distilling materials produced at wineries!
do
5,772
5,330
9,647
7,899
6,902
10, 193
8,284
7,187
10,815
8,968
7,998
11, 278
9,394
8,460
11, 627
8,913
8, 608
11, 380
9,210
9,025
11, 000
7,252
7,405
10 380
6 432
6 248
10 166
5 775
6 129
9 427
6 169
6 296
8 896
6 439
5 625
9 323
13, 753
15, 622
14, 962
13, 155
13, 421
9,391
11,379
19, 388
34, 917
31, 189
23, 033
17 458
12, 949
10, 007
843, 285
1,374
15, 768
13, 407
842, 566
1,802
15, 505
11,422
844, 138
1,783
16, 130
10, 825
844, 320
1,734
16,915
13, 774
841, 496
1,983
14, 217
10, 951
838, 800
1,596
15, 673
11, 369
836, 110
1,591
16,906
13, 613
834, 529
2,253
18. 507
17, 083
832 581
2 525
20, 856
16, 731
833 201
3 620
23, 847
10, 486
840 638
2 504
9,279
846 286
9,470
5,609
709, 665
1,258
10, 725
7,027
710, 970
1,613
10. 122
5, 361
713 985
1,620
9,073
5,181
716 078
1,560
8,915
6,567
715, 861
1,816
5,550
4,526
715, 550
1,484
8,142
5,267
716, 304
1,421
11, 189
7,226
717 568
2,031
12
9
717
2
863
216
991
310
13 538
8,978
719 656
3 282
12
5
724
2
716
671
706
253
10 682
4 899
728 418
5,489
4,907
7,171
6 445
6,340
5 718
5,657
4 909
7,783
6 810
5, 992
5 315
5,310
4,237
7,382
6 383
10, 156
9 013
9,930
8 761
5,800
4 906
4,799
3 918
227
83
266
137
70
78
1,304
160
112
212
108
1,333
178
111
1,420
1,473
1,401
1,567
1,643
10, 556
171, 795
1,937
13, 194
160, 299
1, 322
10, 982
150,398
1 281
10, 174
140, 895
1,267
10, 842
128, 475
728
1,973
3,204
2,325
526
648
513
606
108, 190
341, 655
.583
103,835
314, 568
.581
120, 775
311, 462
.579
129, 375
293, 203
.579
158, 535
308, 154
.579
153,080
334, 501
.578
93, 475
64, 130
522, 676
492, 833
3. 509
90, 245
63, 010
499, 742
470, 092
3,502
110,480
79, 685
493, 433
462, 949
5,109
126,175
95, 890
501,080
467, 671
4,195
162,970
129,475
527, 739
493 909
3,708
.369
.370
.370
.370
2, 600
164 000
2, 110
174 800
2, 950
230 100
2, 125
255 750
r 4,775
143, 201
4, 569
104, 537
r
29
410
33
555
102
132
1, 570
106
191
160
247
200
279
1 458
1 346
1 257
1 246
1,487
9,926
112, 250
19,571
11, 120
120, 826
72 474
13, 347
184, Oil
43 340
13^ 369
214, 698
10 105
12, 867
207, 560
3 196
10, 894
197, 964
5, 633
52, 431
145, 546
r
27 478
6 601
124, 895
352, 139
.578
102, 465
327, 617
.582
91, 585
295, 043
.590
94, 070
91, 040
256, 626 202, 294
. 586
.584
104, 555
163, 136
.588
113, 260
131, 664
.580
"98," 662"
. 581
157.900
126,330
581,168
542, 609
3,453
129,225
100,715
597. 985
561, 482
2, 530
113,990
85, 340
596, 891
562, 419
3,567
99, 595
70, 795
592, 241
559, 448
3,174
91, 200
63, 070
566 481
536 355
5 508
93 190
84 970
61, 380
56, 100
531 094 rr518 885
505 435 492 124
6 890
5 795
97 030
65, 250
496 746
469 336
463 988
437 012
.368
.368
.368
.368
.389
.378
.379
.378
.375
369
1,700
325 750
2,140
304 500
3.000
257 800
3,010
227 500
2,540
184 500
3,925
164 500
3,875
149 200
4, 025
152 800
3,150
164 200
r
5, 523
261, 402
5, 570
6, 457
* 7, 171
357, 514 ' 412, 888 T 448, 405
5,482
427, 570
r
7, 397
384, 261
7, 556
274 432
4, 752
213, 202
6,222
157 214
1 433
10 407
9
1 51
17 445
2 009
12 243
5.64
51
51
42
539
175
114
1,613
33
36
8, 929
122, 153
417
900
393
54
452
618
116
132
79
756
889
93 598
139
131
DAIRY PRODUCTS
Butter, creamery:
Production (factory) !
thous. of l b _ Stocks, cold storage, end of month
do
Price, wholesale, 92-score (New York)__dol. per lb-_
Cheese:
Production (factory), total ! _ . _ _ - thous. of Ib
American, whole milk J
do
Stocks, cold storage, end of month, total-.
do__ _
American whole milk
do
Imports
do
Price, wholesale, American, single daisies (Chicago)
- _dol. per Ib _
Condensed and evaporated milk:
Production, case goods: t
Condensed (sweetened)
thous. of lb_Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of lb_ Evaporated (unsweetened) _ _ _ _
do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened)
do
Price, wholesale, U. S. average:
Evaporated (unsweetened ) _ , .
- - -dol. per case- Fluid milk:
Production!
mil. of lb__
Utilization in mfd. dairy products.
do
Price, wholesale, U. S. average*
dol. per 100 l b _ _
Dry milk:
Production: !
Dry whole milk
thous. of lb-_
Nonfat dry milk solids (human food).
.do _
Stocks, manufacturers', end of month:
Dry whole milk
do
Nonfat dry milk solids (human food)
do
Exports:
Dry whole milk _
.
. -do
Nonfat dry milk solids (human food)
do
Price, wholesale, nonfat dry milk solids (human
food), U. S. average
dol. per lb._
T
3, 895
5,783
97, 576 ••135,214
53
19
0
38
11,373
14, 079
18, 061
16,612
r
81
5.56
5.56
5.57
5.57
r 9, 163
r 10, 486
4, 095
3.92
r 11, 156
3,520
4.19
«• 8, 835
3,396
4.09
4,485
3.74
12, 844
5, 591
3.62
7, 500
110, 500
6, 650
105, 600
8, 650
132, 000
9, 100
152, 800
10, 650
197, 800
r
r
8 223
57, 279
2,982
25, 699
r
6 712
60, 962
3,616
9,549
r
7, 678
65, 563
3, 830
35, 616
T
7 477
88, 341
4,626
22, 455
200
9,866
5.57
r
r
9 067
129, 676
3,196
2,060
717
10,205
12, 419
5.57
5.57
1,513
9,745
10, 325
181, 300
T
8,070
127, 500
12 281
10 773
150, 166 * 140, 651
3,111
32, 575
3,901
17, 066
436
12, 346
5.57
r
' 12, 520 r 11, 453
5,415
4,449
3.63
3.80
r
r
r
r
5.57
5.57
5.71
5.71
10, 515
3,775
3.98
r
9, 434
3 322
4.17
r 9, 222
3 244
4.36
' 8, 668 ' 9, 158
3 453
3, 075
4.36
4.43
9,604
3 679
4.24
7,400
98, 600
8,900
89, 100
8,300
88 200
8,925
87 500
11 875
10 998
116, 969 * 101, 502
4,588
17 371
2,871
17, 859
r
10 314
87, 848
3 988
17,712
8, 750
113, 700
9, 582
4.12
7, 150
124 900
r 8 587
r IQ ($7
8 883
' 81, 020 ' 80, 763 83, 883
3,244
26, 148
5,938
4,701
.154
.154
.153
.152
.154
.153
.153
.155
.154
.153
.154
.154
'.154
Revised.
cf Revisions for 1953 and for the 1st and 2d quarters of 1954 are available upon request. Totals include data not shown separately.
{Revisions for the indicated items and for the periods specified are available upon request as follows: Alcoholic beverages, July-November 1954; dairy products—butter, cheese (total and
American), evaporated milk, and nonfat dry milk solids, January 1953-August 1954; condensed milk and dry whole milk, January-August 1954; fluid milk, production, January 1951-December
1954.
9 Data beginning July 1955 exclude production of wines and vermouth; for July 1954-June 1955, such production totaled 70,000 gallons.
§Data include vermouth and aperitif wines other than vermouth.
Digitized
for series,
FRASER
*Ncw
representing average price received by farmers for all milk sold at wholesale to plants and dealers; data prior to January 1955 will be shown later.
r
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
SMp™ents, carlot
Stocks, cold storage, end of month
no. of carloads. _
thous. of b u _ _
Citrus frnits, carlot shipments..
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
Fruit puces
Vegetables
Potatoes, white:
2,471
18, 975
2,413
13, 194
2, 498
7,793
2,187
4,114
1, 860
1,677
810
376
362
212
234
233
539
9,121
3,466
34, 379
2, 935
34, 854
_no. of carloads
9,445
8,678
9,503
9,304
9,731
9,965
8,223
6,308
4,696
4,467
thous of Ib
do
do
348, 163
296, 333
576, 981
309, 152
357, 503
505, 428
268,216
386, 726
456, 995
222, 407
451,283
426, 679
208, 365
513,638
396, 454
250, 582
492, 970
418, 876
3°1,944
417,332
482, 910
440, 672
362, 434
605, 154
470,439
325,288
672,574
458, 921
2«7, 547
692, 821
18, 281
16, 750
22, 498
20, 865
18,502
24, 758
10, 035
9, 463
11,641
13, 585
14, 824
3.225
3.342
3.750
7.167
6.508
4.131
2.563
3.269
3.033
3.217
3.206
35, 549
43, 395
52, 778
29, 690
29, 620
41,461
50, 275
46, 723
39, 177
35, 827
38, 968
16, 321
8,975
10,311
7,140
9,112
18, 249
24, 067
26, 258
16, 156
14, 266
13, 836
27, 141
23, 121
19, 701
16, 954
31, 574
32, 696
28, 168
26, 149
i 105 293
2.783 ' 2. 342
' 27, 321 20, 618
4,742
r
10, 887
2,509
13, 959
8, 398
8 835
389 245
221.029
558 178
341 937
296 382
494 145
381 631
' 15, 410 r 18, 558
18, 032
444 087 r 420 092
245, 393 '249,910
663 160 r 624, 049
1
Shipments, carlot
no. of car loads _ _
Price, wholesale, U. S. No. 1 (New York)
dol per 100 Ib
r
2. 881
* 4 173
GRAIN AND GRAIN PRODUCTS
Fxports (barley corn oats rye wheat)
Barley:
Production (crop estimate)
Receipts, principal markets. _
Stocks, domestic, end of month:
Commercial
_,
' . , j-~
^-ij. "
~~
Prices, wholesale (Minneapolis):
No 2 malting
No 3 straight
Corn:
thous of bu
44, 355
1
do
_do
390,969
13, 975
13, 013
8,913
27, 038 r 25 275
189 510
7 848
24 980
1,352
3,761
21, 184
116 721
5,019
3, 534
4 776
22 23, 527
43 724
5' 369
9,017
12, 168
28, 468
256 013
8 050
9 478
5 050
dol per bu
do
1.441
1.350
1.431
1. 413
1.439
1.342
1.443
1.342
1.421
1. 291
1.412
1.290
1.279
1. 180
1.271
1.171
1.240
1.127
1.258
1. 155
1 251
1.130
1.235
1. 116
Grindings wet process
thous of bu
Receipts principal markets
do
Stocks, domestic, end of month:
Commercial
do
On firms
mil of bu
Fxports including meal
thous of bu
Prices, wholesale:
No 3 yellow (Chicago)
dol per bu
"Wei°rntcd average 5 markets all grades
do
10, 954
27, 831
10, 836
19, 423
11,949
15,530
10, 621
13, 028
11,524
18,433
11,912
19. 683
10,938
1 7, 535
12, 541
30, 689
11,358
28, 1 85
12, 502
40, 062
11,590
51 592
i 3 185
11, 188
22, 843
62, 809
63, 192
41,315
28, 050
65 517
4,408
11, 768
8, 088
31, 710
310. 8
11, 352
38, 721
4,784
36, 805
948.9
5, 666
27, 070
9,955
56,199
1, 425. 7
11,434
46, 385
6,980
11,292
10 855
70. 910
2, 191 4
12, 344
1. 524
1.448
1.495
1.434
1.463
1.390
1.460
1.439
1.482
1.487
1.473
1.483
1.472
1.490
1.305
1.323
1.307
1.244
1.188
1.180
1 173
1 201
1. 250
1.269
f -,
12, 704
8,193
7,159
5,392
6, 629
8, 371
23, 146
22, 109
8,727
5,185
6 349
do
20, 448
20, 499
15,866
14, 498
38, 217
33, 297
27, 283
1, 260
.797
15,833
2249,213
1, 527
3, 237
.708
.710
23, 085
1,862
.814
17,886
551, 570
3, 061
.771
3,123
(3)
2,838
.635
do
A
2
Oats:
T> -,
1
•
J
.
.
,
, 1
ji
Stocks, domestic, end of month:
Commercial
Kxport Q including oatmeal
do
Price, wholesale, No. 3, white (Chicago). dol. per b u _ .
1,782
.712
2,049
(3)
37, 581
1 246,086
1,612
2,175
.578
.610
Rice:
California:
Receipts, domestic, rough
thous. o f l b _ _ 31,945
28, 489
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
109,
027
of month
thou^ o f l b
Southern States (Ark., La., Tenn., Tex.)50,
954
Receipts rough at mills
do
113,344
Stocks, domestic, rough and cleaned ("cleaned
916. 5
42,515
Exports
thous o f l b
.094
129, 028
70, 745
125, 049
133. 373
119, 108
101,451
142, 168
93, 542
133, 772
117,056
89, 733
59, 811
127, 276
85, 952
67, 491
72, 047
47, 693
49, 203
17, 510
61, 315
112,015
58, 409
133, 727
18, 276
115,091
10, 437
88, 903
15,054
65, 285
12.660
71, 627
238, 219
120, 707
784.8
25,011
.094
653. 8
112,005
.094
610.1
75, 114
.105
599.2
123, 393
.113
495.9
76, 788
.113
389. 4
137, 272
.113
419
9,274
1. 396
206
8,779
1.322
282
8,498
1.246
291
6,679
1.233
858
6, 496
1.142
2,877
8, 673
1.042
23, 349
43, 754
Wheat:
i ro uci o (c op es
"R
w t
1 ct
ate;, o a __
i. o
27, 482
254. 060
356, 258
343, 399
366, 942
Commercial
thous of bu
I n t e r i o r mills, elevators, and warehouses
i\/r h <- 'u
ouis. oi u - _
356, 237
332, 021
1 218 2
351, 913
.
.' ~ ~ ,
Irf
~
fh
do
flour
do
do
24, 105
38, 436
324, 164
323, 669
351, 749
364, 462
76, 559
1 245
1.268
1.259
1.285
11 313
T
27 733
27, 333
.668
.655
53, 420
46, 122
21, 970
69, 504
35, 426
59, 401
33, 185
24, 692
81, 284
100, 920
95, 868
101, 792
106, 170
986,179 1,032,421 241,850
260, 028 185,179 121 168
61, 953
112 522
29, 721
108 851
360.6
42, 291
.093
661. 6
150, 886
.089
1 . 097. 0
153, 729
.089
1 127 8
118 445
.093
1 054 0
70, 735
.093
v 092
I. 638
9,138
1.046
902
8, 932
1. 112
1,384
8, 136
1.061
1.674
8,414
1.026
24, 567
21, 149
27, 907
23, 828
33, 109
28. 184
2.729
2. 443
2. 338
2. 635
2.756
2.410
2. 230
2.610
2.708
2 456
2. 205
2. 603
101,574
57, 958
36,015
207, 108
348. 489 378, 766
t 021 6 I
380, 409 427, 416
372, 182
374, 487
1 753 7
448, 678
45, 199
199, 146
?
2
446, 093
2 39P 298
2
60 144
2
39. 130
430 732
101 475
211, 592
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per b u _ _
i
No 2 hard winter (TCansa^ City)
do
j
No 2 red winter (St Loui^)
do
1
Weighted avg., 6 markets, all grades
do
r
2
28, 032
do
On fa r ms
Exports total includin01
Wheat only
tl
73 496
29 187
1, 553
8. 369
1. 156
i 938 2
232 8
i 705 4
21 007
219 910
956 6
r
820
6, 731
1.160
5,280
1.216
1
19, 823
' t
Disappearance
Stocks, end of month:
Canada (Canadian wheat)
12, 036
66, 097
24, 959
u.
d
11, 686
22 993
136, 489
27, 053
1
1, 296
9,541
1.420
1 235
1.056
22, 693
7,241
Rye:
Receipts principal markets
do
Stocks, commercial, domestic, end of month. _ . d o
Price, wholesale, No. 2 (Minneapolis) ^_dol. per b u _ _
r
1 576
8 887
26, 575
981 205
2, 765
.694
1
1 239
1 099
19, 498
14, 373
2. 668
2. 461 i
2. 204
2. 593
18, 904
14, 745
2.742
2. 5M i
2 278
2. 666
26, 798
22, 383
2. 734
2. 190
1. 948
2.428 1
31, 802
24 768
366, 890
363, 288
440, 750
421, 248
594 312
141 403
428, 541
27, 051
23, 376
2.621
2. 160
1. 968 !
2. 263 !
24, 501
20, 762
2.478
2. 151
1.945
2. 397 1
17, 283
14, 242
2.505
2.155
1. 923
2. 445
28 577
364, 732 358 515
1 535 0
403, 181 r390 669
349, 280
381, 756
543 101
126 878
320 800
11,422
7,153
2,513
2.198
2. 035
2.478 1
19,312
14, 534
2.511
2 207
2.043 1
2. 461 1
20 503
15 984
2. 487
2 253
2 153
2. 445
2.447
2 242
2 156 1
2.407 i
2. 243
2. 216
2. 225
2. 388
l
Revised.
» Preliminary.
December 1 estimate of 1955 crop.
3
Old crop only; new grain not reported until beginning; of new crop year (July for barley, oats, and wheat; October for corn).
No quotation
9 Bags of 100 ib.
cf The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
SURVEY OF CURRENT BUSINESS
March 1»56
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-29
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flour
thous. of sacks (100 lb.)-- 19, 156
85.6
Operations, percent of capacity
Offal
short tons_. 384, 216
17, 714
83.1
356, 211
19, 884
81.1
394, 156
17, 428
78.1
347, 874
17, 523
78.4
349, 892
18, 470
78.8
371, 280
17, 612
82.6
356, 099
18, 615
76.0
371, 633
19, 174
85.7
377, 855
21, 000
93.8
411, 194
19, 758
88.3
384, 694
19, 317
86 3
376, 700
19, 490
87 1
379, 505
44, 567
41, 186
46, 104
40, 443
40, 691
42, 944
41, 063
43, 239
44, 301
48, 369
45, 489
44, 462
44, 818
1,467
1,750
4,713
2,114
2,199
1,785
4,111
1,895
1,577
1,605
4,632
1,305
1,832
2,050
5 078
1 940
6.755
6.205
6.650
6.025
6.805
6.095
6.645
6.060
6.990
6.225
6.800
6.030
6. 755
6.030
6.150
5.775
6.225
5.625
6.275
5.775
6. 165
5.625
563
1,521
2,322
294
517
1,313
1,767
171
660
1,524
2,086
212
596
1,452
2,040
272
588
1,560
2,277
236
611
1,641
2,122
149
550
1,524
1,956
169
646
1,797
2, 596
-257
710
1,752
2,533
« 529
728
1,693
3,058
947
26.12
20.40
27.00
24.46
20.46
29.00
24.12
21.28
25.00
23.36
21.25
26.00
22.18
20.01
24.00
22.15
19.03
23.00
22.52
18.19
22.00
22. 33
17.69
23.00
22.67
17.97
24.00
5,519
3,183
4,638
2,587
5,491
2,924
4,472
2,473
4,164
2,337
3,713
2,140
3,428
1,929
4,475
2,519
16.51
15.91
15.90
16.48
16.39
17.54
16.12
12.1
11.7
11.3
12.2
11.7
13.1
11.9
1,223
1,334
226
1,080
1,029
135
1,244
1,166
120
1,180
1,302
156
1,228
1,246
113
1,205
1,110
96
20.88
20.22
21.75
20.75
22.75
20.97
21.50
19.83
23.00
C1)
1,993
1,665
1,962
1,736
844
75
24
837
69
19
835
65
27
822
74
22
883, 371
193, 580
6, 993
6,511
760, 473
166, 014
6,443
5, 725
890, 867
154, 349
3,369
9,082
844, 205
143, 849
1,934
8,361
Grindings of wheat
thous. of bu._
Stocks held by mills, end of quarter
thous of sacks (100 Ib.)
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
dol. per sack (100 lb.)__
Winter, hard, short patents (Kansas City). -do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
thous of animals
Cattle
do
Receipts, principal markets
___ _ _ do _ _
Shipments, feeder, to 9 corn-belt States...do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 Ib _
Steers, stocker and feeder (Kansas City)
do
Calves vealers (Chicago)
do
Hogs:
Slaughter (federally inspected)
thous. of animals-Receipts, principal markets
_ _ _ do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb-_
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog-Sheep and lambs:
Slaughter (federally inspected)
- -thous. of animals
Receipts, principal markets
_ _ - do _ _ _
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per lOOlb-.
Lambs feeder, good and choice (Omaha)- _ do
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
mil. of Ib _
Stocks (excluding lard), cold storage, end of month
mil. of lb_Exports (including lard) - - - do _ _
Imports (excluding lard)
do
Beef and veal:
Production, inspected slaughter
thous. of lb__
Stocks, cold storage, end of month..
do
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs) (New York)
dol. per lb__
Lamb and mutton:
Production, inspected slaughter
thous. of lb._
Stocks cold storage, end of month
_do
Pork (including lard), production, inspected slaughter
thous. of lb_Pork (excluding lard):
Production, inspected slaughter
_
_do _
Stocks cold storage, end of month
do
Exports
_do _
Imports_
-.do ___
Prices, wholesale:
Hams, smoked, composite
dol. per lb._
Fresh loins, 8-12 ]b. average (New York)
do
Lard :
Production, inspected slaughter
thous. of lb__
Stocks, dry and cold storage, end of month __.do
Exports
_ . _
.
-do __
Price, wholesale, refined (Chicago)
dol. per lb_-
r
r
6. 075
5. 760
v 6. 1?0
r> 5 640
700
1,662
2,674
734
633
1 617
2 091
420
602
1 697
2 354
249
586
1 484
21.95
18. 02
26.00
20.84
16. 92
22 00
20 30
15.89
24 00
20 01
17.13
•P 28 00
18 85
17.04
5,144
2,682
6,144
3,251
6,857
4,099
7.324
4,056
6,705
3 908
5,922
15.31
15.75
14.30
12.01
10.38
11.08
12.03
12.1
12.7
12.7
11.2
9.2
9.4
10.2
1,076
1,043
147
1,239
1.288
« 259
1, 344
1,625
"545
1,248
1,797
513
1,162
1,273
247
1 155
1 091
161
1 329
1 248
160
1 163
23.50
0)
21.12
20.75
2 17. 60
19.75
17.83
19.50
18.18
18.62
17.88
18.25
16 68
19.00
16 96
20.00
18 60
1,760
1,753
1,596
1,897
1,977
2,121
2 254
2 340
2 312
740
55
27
614
51
29
529
50
30
448
53
30
405
49
26
444
81
23
601
91
28
r 777
9S
21
858
901, 574
130, 593
2,547
8,760
952, 637
117, 362
2,188
13, 197
878, 641 1,032,932 1,021,504
115,238 120, 581 120,886
2, 852
2,426
2,721
12, 244
12, 070
14, 072
999, 507
136, 278
3,100
9,428
970, 324
176,613
2 349
12, 150
0)
r
882
961 519 1 ,034.824
224 391
230 316 212 125
3 743
6 913
.460
.449
.435
.417
.402
.398
.395
.405
.420
.396
.376
362
368
347
58, 810
8,767
53, 174
8,743
61, 429
9,089
56, 802
9,677
57, 606
9,957
52, 892
8, 851
47, 030
8,597
54, 343
8,737
58, 742
8,683
55, 245
9,569
52, 853
9 884
53, 849
64, 032
10 566
9 644
851, 694 1,009,567
834, 963
800, 728
747, 208
670, 129
809, 765
896, 472 1,065,839 1,230,521 1,324,890 1,212,803
1,050,606
771, 981
504, 624
4,843
15, 292
628, 102
530, 537
6,476
11, 573
749, 899
543, 929
6,244
15, 244
618, 489
539, 434
6,344
11, 336
587, 211
477, 028
5, 969
15, 484
549, 989
375, 741
5,491
14, 272
494, 676
297, 962
4,231
15, 526
605. 362
218, 624
3,642
13,717
678, 528
179,182
4,461
11, 633
805, 841
205. 197
6,441
11, 513
.536
.431
.479
.425
.479
.422
.506
.453
.525
.508
.540
.564
.534
.472
.539
.458
.501
.492
.456
.409
.454
.374
203, 886
124, 391
54, 807
.163
163, 743
137, 882
47, 253
.153
189, 884
137, 357
46, 056
.156
158,080
140, 352
56, 492
.168
156, 320
144, 149
36, 591
.148
144, 297
133, 394
32, 365
.155
128, 545
117, 578
29, 886
.155
149, 419
97.014
35, 672
.133
159, 349
75,011
30, 545
.138
190, 120
74,756
56, 426
.153
235, 332
98, 426
66, 532
.138
36, 267
211, 258
39, 349
162, 472
40, 666
127, 549
48, 999
107, 309
50, 411
97, 960
46, 646
101, 942
55, 937
119, 769
58, 494
161,947
68 413
258, 413
80 4 SO
259, 687
.245
.215
.235
.233
r 1 0 630
908 359 967 766
306 714 r 420' 816
5 823
6 358
14, 503
11 703
883 35S
481 602
513 154
.448
.326
P. 447
.346
.365
261, 249
146 985
69 813
.125
240, 907
183 615
74 756
228, 3 78
47 239
214, 723
J>.123
POULTRY AND EGGS
Poultry:
40, 480
Receipts 5 markets
thous. of Ib
251, 296
Stocks, cold storage (frozen), end of month
do
Price, wholesale, live fowls, heavy type, No. 1
.188
(Chicago)
,.
dol. per lb_
Eggs:
r 5, 234
Production, farmj
_, ._ millions
1,919
Dried egg production
thous. of lb_.
Stocks, cold storage, end of month:
235
Shell
thous. of cases..
66, 245
Frozen _ _ __
_
- thous. of Ib
Price, wholesale, extras, large (Chicago)
.334
dol. per doz__
.243
.280
.253
.240
r
.245
210
235
250
r 4 97Q
r
489
5 161
660
5 134
804
127, 847
333
101 395
'111
r 74 354
299
50 525
308
42 221
.514
.496
.501
.514
.447
.398
106, 860
106,842
115, 327
99, 362
91, 240
11, 656
16, 335
21, 109
19, 726
14, 738
.370
.318
. 333
.381
.340
« For 8 States (South Dakota excluded).
21, 336
.324
18 462
.324
P. 293
r
268
62, 517
479
83, 672
1,183
125, 833
2,088
170, 933
2,292
193, 888
2,244
194, 706
1,680
179, 920
1,140
155,365
.422
.410
.373
.346
.369
.370
.464
65, 623
47, 198
60, 941
5, 648
2,932
r
5, 579
2,913
r
4, 951
3, 292
' 4, 617 ' 4 295 r' 4, 245 ' 4, 631
2,643 r 1, 537
1,218
1,136
r
MISCELLANEOUS FOOD PRODUCTS
83, 644
76, 950
Confectionery, manufacturers' sales
thous. of dol_- 84, 645
85, 277
62, 435
Cocoa or cacao beans:
22, 494
19, 264
Imports (incl. shells)
longtons__ 18, 874
26, 268
14, 339
.375
.468
.400
.488
Price, wholesale, Accra (New York)
dol. per lb_._
.365
2
r
Average for 2 weeks (August 22—September 2).
Revised.
* Preliminary.
* No quotation.
J Re visions for 1950-54 will be shown later.
43 725
186,' 776
4 677
739
r 4, 897
1,902
5, 735
2,357
T
r
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 19o6
1955
January
February
March
April
May
June
1956
July
DecemAugust SeptemOctober November
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
I
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee:
918
Clearances from Brazil total
thous of bagscf
424
To United States
do
729
Visible supply United States
do
1,699
Imports
do
Price, wholesale, Santos, No. 4 (New York)
.670
dol. per lb__
Fish:
Stocks, cold storage, end of month
thous. of lb._ 175, 001
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons- '1,673
United States:
Deliveries and supply (raw basis) :
Production and receipts:
149, 465
Production
short tons
317, 409
Entries from off-shore
do
29, 065
Hawaii and Puerto Rico
do ~
Deliveries, total
do
For domestic consumption
do
For export
- do.
Stocks, raw and refined, end of month
thous. of short tons
Exports
short tons
Imports:
Raw sugar total
do
From Cuba
do
From Philippine Islands
do
Refined su^ar total
do
From Cuba
do
Prices (New York):
Raw wholesale
dol. per Ib
Refined:
Retail §
dol. per 5 Ib
Wholesale
dol per Ib
Tea imports
thous. of Ib
TOBACCO
Leaf:
Production (crop estimate)
mil. of Ib
Stocks, dealers' and manufacturers', end of quarter,
tot'il
mil of Ib
Domestic:
Cig; 5 r le''f
do
Air-cur d, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cie'-ir le^f
do
Cigarette tobacco
do
Exports including scrap and Qsterns
thous of ^b
Imports including scrap and tems
do
Manufactured products:
Production, manufactured
tobacco,
total
do
Chewing i)lu° r and twist
do
Smokinp"
do
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
T'l^-free
millions
Tax-paid
do
Ciu'irs (large) tax-paid
thousand 5 *
Manufactured tobacco and snuff, tax-paid
thous of Ib
Price (wholesale), cigarettes, manufacturer to wholesaler and jobber, f. o. b. destination
dol. per thous--
578
228
776
1,338
923
490
517
1,473
996
645
520
1,353
723
322
490
1,775
1,356
829
546
1,357
943
497
492
1,547
1,221
681
527
1,415
1,810
1,207
521
1,480
1 882
1,134
528
2, 215
1,126
657
831
1,892
1 661
914
564
2,144
.545
.583
.580
.545
.585
.535
.550
.610
. 568
.540
.530
.535
.575
150, 471
127, 477
122, 669
128, 899
139, 582
168,310
184, 217
191,504
190, 783
188, 953
175, 297
162, 431
141,584
2,513
4,288
4,688
4,478
3,988
3,638
3,132
2,882
2,532
2,132
1,882
1,457
43, 747
443, 730
102, 247
55, 429
558, 851
171,995
48, 992
630, 496
208, 785
37, 866
634, 000
234, 789
45, 901
476, 796
173, 424
35, 545
611, 799
212, 814
47, 821
756, 514
298, 793
119,175
541,149
240, 626
521 457 752 375
515 800 449 748
201 , 641 168,780
528, 238
164, 908
88, 590
547, 340
115, 080
569, 000
567, 000
2,468
572, 995
569, 723
3,272
711,171
706, 617
4,554
625, 097
619, 459
5,638
697, 094
681, 204
5,890
823, 025 861, 826
820, 274 857,594
2, 751
4,232
884, 525
879, 436
5, 089
798, 299
793, 627
4,672
733, 258
727 967
5. 291
609, 182
604, 932
4,250
571,554
569, 169
2, 385
626, 710
1,889
583
1,823
541
1.781
418
1,753
604
1,612
401
1,329
613
1,091
406
963
304
864
290
1,132
606
1,717
909
1,918
1,003
1,876
329, 562
263, 644
65, 840
23, 063
14,144
303, 089
229, 478
73, 610
42, 861
30, 933
344, 404
256, 507
87. 894
68, 783
54, 288
303, 954
207,315
92, 960
46, 308
45. 905
323, 786
130, 787
189, 845
38,816
38, 371
301,645
164, 425
133, 580
40, 764
40, 552
341,875
190 523
132,418
32 794
31,735
365, 892
204, 979
155, 457
24, 751
22, 359
263, 483
189, 940
46, 256
40,798
39, 271
645
389
252
303
546
265, 534
242 385
16,513
7 334
5,677
185, 267
1 77, 067
4,480
698
416
.060
.060
.058
.060
.060
.061
.060
.060
.061
.059
.058
P .059
.498
.085
10,198
.497
.085
10, 225
.494
.084
15, 459
.495
.084
7,615
.496
.084
4, 366
.496
.084
7,490
.496
.084
8,633
.496
.084
8,695
.497
085
8,047
.501
085
9,341
.501
.085
6, 718
.500
P .085
. 059
.495
.084
7,842
261
231
30
14
12
1
4,404
4,819
4,708
2, 256
5,176
376
368
334
307
4, 233
3, 845
4.202
4,675
30 931
8, 699
28, 033
8, 482
19
191
36, 867
9, 594
18, 643
8, 864
21,846
9, 390
18
173
25,199
10,831
48, 826
8,414
45, 236
9,698
18
154
85, 404
9,479
85 254
9,766
63, 404
10, 383
19
175
44. 678
7, 660
16, 251
6 536
6, 51 6
3 199
15,698
6.012
6, 377
3. 309
18,618
7, 253
7 653
3.711
16, 636
6, 455
6. 832
3, 349
17.886
6, 896
7, 641
3, 349
18,110
7, 363
7,140
3, 606
12, 763
5,468
5, 233
2, 062
17, 934
7,233
7,024
3,678
17, 388
6, 967
7,054
3, 366
17, 395
6 880
7, 256
3 260
16, 179
6,627
6,304
3,249
13, 194
5,347
4,747
3, 100
2, 644
30, 438
408 334
2, 51 6
28. 655
399 885
2, 672
33, 695
467 522
2, 399
28, 788
445 701
2, 339
34, 498
516, 022
2,723
35. 648
510,219
2, 369
28, 561
414, 250
2,232
36, 760
535 596
2,937
32. 076
533 707
2,449
32, 937
551 082
2,416
32, 644
613, 199
2,570
27, 357
432, 028
15 Q24
1 1 09
14 968
1, 447
18 242
1. 243
16, 320
1. 20X
17,308
1, 169
17, 555
] , 275
13. 021
1,468
17, 518
1,080
16,624
1,280
16,807
1,402
16, 909
1,226
13,115
1,219
3, 938
3. 938
3.938
3.938
3. 938
3. 938
3.938
3.938
3. 938
3. 938
3.938
3. 938
11.698
129
41
2,313
2,197
7, 281
91
15
1,964
578
11,541
292
18
2,172
2,298
9, 640
81
28
2,412
890
8, 357
61
9
2,904
529
p 3. 938
LEATHER AND PRODUCTS
HIDES AND SKINS
Calf and kip skins
thous of pieces
Cattle hides
do
Croat and kid skins
do
Sheet) and lamb skin^
do
Prices, wholesale (Chicago):
(
Calfskins packer heavv 9^/15 1^
^°'- P f>r ^
Hides ^teer heavv native over 53 Ib
do
9 227
91
51
2. 513
986
. 325
.108
1
i
i
]
16 806
83
43
2,422
5.082
8, 330
101
n
2, 453
1 , 079
14,952
105
30
3,216
2,575
.375 !
.108 !
.400
.105
. 490
.118
.425
. 108
.400
.120
.450
. 135
.475
.138
.475
.148
.500
.148
.500
.133
.500
.133
863
2,169
2,227
2,266
891
2,219
2,394
2,243
606
1.664
1.823
1,574
871
2, 209
1 , 994
2,498
827
2, 157
1,996
2,074
890
2,201
2,182
2,163
836
'r 2, 236
2, 238
2, 329
807
2, 254
2, 208
2,288
71
88
2. 826
67
19
3, 334
39
72
2, 839
85
85
3,407
64
12
3,576
121
30
3,429
3,009
9 217
117
58
1,701
1,576
LEATHER
Production:
882
956
945
1,019
Calf and kip
thous. of skins
2, 109
2,085 ! 2.325
2,148
Cattle hide
thous. of hides.._
2, 186
2. 197
2,171 1 2.433
Goat and kid
thous. of skins..
2,143
1,923
2, 117
, 2,144
Sheep and lamb
_
- do. Exports:
Sole leather: 5
32 !
102
34
99
Trends back ' and sides
thou 5 * of Ib
20 j
73
33
19
Offal, including welting and belting offal
do
3,418
4,029
3,989
3, 224
Upper leather
thous. of sq . ft- Prices, wholesale:
.600
.600
.595
.595
Sole, bends, light, f. o. b. tannery
dol. per Ib.
Upper, chrome calf, B and C grades, f. o. b. tan.930
.870
.893 !
.910
nery
dol per sq, ft
r
Revised.
*> Preliminary.
i December 1 estimate of 1955 crop.
c^Bags of 132 Ib.
§Data represent price for New "fork and Northeastern New Jersey.
i 13,309 ' 12,581
!
130 j
159
19 i
23
; 2,158 i 2,277
' 2, 712 1 2,776
57
P .500
P . 103
47
65
3,099
. 605
. 603
. 603
.595
.600
.600
.605
.605
p. 610
. 950
. 920
. 942
.987
.998
.987
1.022
1.022
P 1.013
$ Includes data for types no t shown s sparately
SURVEY OF CURRENT BUSINESS
March 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-31
1955
January
February
March
April
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
LEATHER AND PRODUCTS—Continued
LEATHER
MANUFACTURES
Shoes and slippers:
Production total
thous of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous of pairs
By kinds:
Men's
_ -_
. _ _ do _ _
Youths' and boys'
do
Women's
do
Misses' and children's
do
Infants' and babies'
_ ..do. _.
Slippers for housewear
.
- _ do
Athletic
do
Other footwear
_ _
do
Exports
do
Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide upper,
Goodyear welt 1947-49=100..
Women's oxfords (nurses'), side upper, Goodyear
welt.
_
1947-49=100..
Women's and misses' pumps, suede split
do
r
T
46, 912
r
43, 971
r
47 494
r 55 gj3
r
47 556
47 160
49 590
41 054
54 115
50 610
48 197
42, 921
45 551
53, 139
43 852
r
r
42 921
41 992
43 422
36 037
46 691
42 767
40 628
36 162
40 834
49 668
tr 9, 811 ••9,110
2. 061 r 1, 644
28 259 r 23 785
r
5 248
7 076
' 3. 828 * 3, 134
8,916
1 726
23 038
5 366
2,946
8,887
1 961
23 529
5 918
3,127
7,409
1,688
20 290
4 609
2,041
9 316
1 997
26 246
6 074
3 058
9,127
1 857
23 622
5 223
2,938
9,246
1, 586
21 472
2' 966
7,905
1,331
19 142
5,060
2,724
8,711
1 586
21 674
5 705
3, 158
9,681
1,841
27 484
7, 185
3, 477
4. 133
369
133
336
4, 689
352
127
262
5,566
342
260
212
4,569
254
194
256
6 461
386
577
330
7, 245
388
210
392
7,068
375
126
368
6,274
370
115
335
4, 185
388
144
319
2,897
386
188
' 8, 899 r 8, 770
I , 795 r 1,739
23 387 r 23 688
r
r
6,414
6, 436
* 3, 476 r 3, 219
r
r
T
51 035
' 2, 424 ' 3, 092 r 4,r 207
r
'330
369
336
214
187
202
303
509
372
r
r QPjC
110.0
110.0
110.0
110.0
110.0
110.0
110 0
110 0
110 0
112.8
116.8
116 8
pile 8
116.8
112.3
116.8
112.3
116.8
112 3
116.8
112 3
116.8
112 3
116. 8
112 3
116.8
112 3
116 8
112 3
116 8
112 3
118. 1
117 4
118.1
117 4
118. 1
117 4
*»118 1
p 117 4
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association: J
Production, total
_.
mil. bd. ft
Hardwroods
do
Softwoods. _ _ _ _ _ _
do
2, 812
561
2,251
2, 946
605
2,341
3,387
629
2, 758
3,253
612
2,641
3.438
622
2,816
3,598
635
2,963
3, 042
577
2, 465
3,653
614
3,039
3, 543
671
2,872
3,431
703
2,728
3,111
669
2,442
2,888
608
2, 280
2, 933
627
2, 305
2,827
584
2 243
2, 966
667
2,299
3,481
658
2,823
3, 466
697
2,769
3,519
678
2,841
3, 754
688
3,066
3. 235
641
2, 594
3,670
703
2,967
3,471
712
2, 759
3, 360
755
2, 605
3. 076
716
2,360
2.778
672
2,106
2. 904
676
2 227
9, 225
3. 943
5, 282
9, 205
3,881
5, 324
9,111
3, 852
5,259
8,898
3, 767
5,131
8, 818
3,711
5, 107
8, 662
3, 658
5, 004
8, 4fi8
3, 594
4, 874
8,454
3, 506
4,948
8,526
3, 464
5, 062
8,597
3,411
5, 186
8. 618
3, 364
5,254
8,729
3, 300
5, 429
8. 746
3. 251
5, 495
M bd. ft.. 53, 776
do
251, 592
84, 682
262, 054
65, 670
292, 816
68, 963
262, 035
86, 261
314, 087
74, 556
353, 651
60,614
307, 625
74, 673
385, 231
60, 868
351, 108
89, 154
309, 254
56, 231
272, 349
64 125
237, 090
758
829
807
729
957
732
810
828
752
1,033
906
791
908
925
1,016
961
868
803
884
935
829
849
830
848
918
911
826
853
934
837
752
819
648
759
725
719
762
850
776
800
655
676
815
742
873
603
606
740
672
942
649
583
709
672
968
741
710
678
614
1, 032
Exports, total sawmill products.. _ _._
M bd. ft
30, 088
Sawed timber
do
14, 055
Boards, planks, scantlings, etc .
do
16, 033
Prices, wholesale:
Dimension, No. 1 dried, 2" x 4", R. L.
dol. per M bd. ft.. 83. 972
Flooring, B and better, F. G., I" x 4", R. L.
dol. per M bd. f t _ . 131. 361
Southern pine:
Orders, new
mil bd ft
702
Orders, unfilled, end of month
do
276
Production _
.
do
666
Shipments
do
665
Stocks, gross (mill and concentration yards), end of
month
mil bd ft
1,747
Exports, total sawmill products
M bd. ft
6,500
Sawed timber
do __.
2, 648
3, 752
Boards, planks, scantlings, etc .. _
_ .do. ..
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6", R. L.
dol. per M bd. f t . _ 78. 480
Flooring, B and better, F. G., 1" x 4", S. L.
dol. per M bd. f t _ . 151. 609
Western pine:
Orders, new
..
mil. bd. ft
597
Orders, unfilled, end of month
_ ._
do
485
Production
do
491
Shipments
do
551
Stocks, gross, mill, end of month
. _. ^do
1, 703
Price, wholesale, Ponderosa, boards, No. 3 common,
1" x 8"... dol. per M bd. ft
72.26
46, 802
25, 572
21, 230
31,815
17,636
14, 179
42, 792
20, 463
22, 329
40, 033
17, 644
22, 389
26, 233
15,715
10, 518
21, 887
10, 357
11, 530
30, 472
15,214
15, 258
21, 503
11,861
9,642
30, 233
17, 247
12, 986
20, 477
9, 378
11,099
27, 160
1'i 512
13, 648
85. 534
85. 071
85. 624
87. 115
87. 535
88. 074
89. 173
89. 320
89. 180
87. 962
132. 178
132. 178
132. 178
132. 178
131. 867
131. 867
131.867
132.194
132. 504
132. 504
673
303
672
646
746
273
784
776
753
290
738
736
775
285
776
780
789
274
764
800
735
288
695
721
794
285
750
797
754
293
734
746
713
269
717
737
654
229
712
694
601
217
688
613
722
275
733
665
1,773
7,737
2, 529
5, 208
1,781
9, 405
2,958
6,447
1 , 783
8,399
2,151
6.248
1, 779
8,930
1, 967
6, 963
1 , 743
7,398
2, 265
5, 133
1,717
7,367
1, 654
5,713
1, 670
6, 757
1, 550
5, 207
1,658
6, 222
1,772
4, 450
1,638
6, 674
1,915
4, 759
1, 656
5 545
2. 138
3. 407
1,731
7 218
1 971
5, 242
1,799
78. 471
77. 527
77. 25(5
77. 702
77.174
77. 434
78. 922
80.155
80. 683
81. 474
80. 679
p SO. 010
150. 996
150. 996
150.384
149. 42f>
149. 426
149. 426
151.263
151.018
149.916
149. 916
598
477
535
590
1, 648
696
493
633
680
1, 601
766
543
682
716
1, 5(57
742
513
770
1, 565
860
514
880
859
1 , 586
747
511
760
750
1, 596
850
453
959
909
1, 646
826
454
872
825
1,693
702
380
846
775
1,764
603
367
638
616
1, 78G
74.18
75.17
77.20
78. 49
80.05
80.41
80.76
80.74
80.13
79.36
4, 850
12, 550
4,000
4,000
11,050
4,625
13, 425
3,525
3, 625
10, 900
5, 500
14,650
3, 900
4,000
10, 775
4, 650
15,125
3,750
4, 000
10, 550
4, 550
15, 300
3,650
4, 450
9, 800
5, 250
15, 550
4,300
4,950
9,300
4, 975
15,600
3,950
4, 600
8,600
5,550
15, 475
4,850
5,425
8,000
4, 250
14, 350
4,100
4, 775
7,525
3,450
12, 000
3. 875
4,225
7,300
116,741
87,013
93, 476
94, 885
52, 966
107, 966
98, 574
90, 400
91,321
52, 045
111,554
108, 122
106, 193
107, 090
50, 301
108, 916
111,682
100, 543
104, 160
44, 633
98, 351
104,696
105, 896
105, 337
45, 400
103,623
100, 159
111,772
111,732
44, 154
98, 538
100, 226
99, 328
100, 294
43, 188
105, 632
99, 403
109. 306
108, 070
44, 424
99, 084
91,074
105, 238
105, 810
42, 958
87. 858
85, 704
102, 070
100, 684
44, 344
Shipments, total
do
Hardwoods
do
Softwoods
do
Stocks, gross (mill and concentration yards), end of
month, total ._
mil. bd. ft
Hardwoods
do
Softwoods _
do
Exports, total sawmill products
Im ports, total sawmill products
SOFTWOODS
Douglas fir:
Orders new
Orders, unfilled, end of month....
Production _
Shipments
Stocks, gross, mill, end of month
mil bd ft.
... do
do
do
do
r
772
746
769
738
1, 066
88. 102 p 89. 140
134. 138 n34. 138
T
1 19. 916 »1 52. 240
G28
418
592
577
1, 801
605
457
51(1
566
1. 745
78. 83
v 7() 39
3, 850
11, 750
3, 900
3, 900
7, 200
4. 300
12, 000
4, 100
3, 800
7, 500
4, 350
12, 150
4, 100
3, 950
7. 750
78, 741
72, 123
102, 317
95, 049
51,612
71,777
61, 168
93, 665
82, 732
62, 545
94, 572
66, 728
96, 899
91,007
68, 437
r
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new.
Orders, unfilled, end of month
Production
Shipments
._
_
Stocks, mill, end of month. .
Oak:
Orders, new
Orders, unfilled, end of month
Production .
. ... ...
Shipments
Stocks, mill, end of month
r
M bd. ft..
do
do
do
. . do
do
do
... ..do
do
do
Revised.
f Preliminary.
{Revisions for 1954 appear in the December 1955 SuEVEY.
February
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1056
1955
January
February
March
April
May
June
1956
July
DecemAugust SeptemOctober November
ber
ber
January
February
448, 127
443, 094
LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :
Shipments (market), quarterly total
M ?q. ft., surface measureInventories (for sale), end of quarter
do. _
Softwood (Douglas fir only) , production
M sq. ft., %" equivalent.. 393, 101
211,577
31, 157
389, 408
444, 081
'217,719
r
32, 959
220, 908
33, 847
412, 756
418, 950
416, 207
321, 111
231, 969
31,917
414, 569
422, 532
427, 948
423, 235
413,501
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, totaL__ ._ _ _
short tons. _ 631, 371
?fi8, 280
Scrap
do
104, 291
Imports, total
do
11,124
Scrap
do
660, 518
35P, 1«7
112,934
24, 923
778, 290
421,004
109, 723
11, 524
801, 766
413, 481
116, 948
13, 302
815, 901
450 418
139, 166
9,836
844, 999
512 579
132 644
13, 041
827, 315
448 402
103, «78
11,777
672, 163
328 060
184, 286
27, 120
767, 919
414 678
169,872
25, 887
837. 373
442 674
172, 396
17, 083
782, 285
419 4Q5
160 518
15, 508
855, 043
435 958
166 442
15, 268
6,004
3,384
2,619
6,066
7,284
5,874
3,294
2, 580
5,993
7,156
7,072
3,909
3,162
7,071
7,158
7,068
3, 905
3,163
6,988
7,243
7,199
3,947
3, 252
7,186
7,259
6,773
3.844
2,929
6, 852
7,184
6, 048
3,457
2,591
6,101
7,132
6, 850
3,829
3,021
6,623
7,357
6,786
3,921
2,865
6,788
7,355
7, 248
4,002
3,245
7,217
7,385
7,213
3,969
3,244
7,214
7,385
7, 0^6
4, 034
3, OR2
7, 27fi
7,210
tons
do
do
2,787
1,587
8,023
2,741
1,531
9,227
3,227
1,835
10, 109
6,056
5,312
11, 366
11, 820
12, 621
10, 532
13, 704
14, 835
9,402
13, 034
14,633
7,803
14, 160
15, 117
6,846
13. 830
14, 544
6,130
12, 846
13, 696
5,279
7,266
9,268
3,277
3,502
2, 549
4,204
do _
do
do
do
do
0
6,620
37, 470
31, 360
6,110
0
6,447
31, 108
25, 222
5, 886
0
7,481
23,711
18,616
5,095
3, 758
7,290
18, 907
14, 545
4,362
11, 606
7,798
21, 901
17, 465
4,436
12, 595
7,473
27, 361
22, 455
4,906
13, 334
7,273
33, 424
27. 940
5, 485
13, 572
7,485
39, 506
33, 100
6, 405
12, 757
7,539
45, 406
38, 459
6,948
12, 244
7,850
49, 523
42, 167
7,356
7,410
7,488
51,040
43,718
7,323
184
7, 663
44, 359
37. 539
6, 820
1,081
66
931
67
1,248
87
1,220
81
2,045
86
2,490
72
2,498
60
2,871
98
2,518
90
2,857
75
2,237
64
1,474
134
783
1,092
563
852
1,106
578
934
1,315
689
966
1,294
680
938
1,310
707
982
1,296
716
1,050
1,070
579
1, 160
1,226
688
1, 151
1, 253
713
1,113
1,310
714
1,062
1,306
697
r 1, 260
99, 817
82, 028
48, 000
101, 766
85, 979
48, 721
99, 730
102, 364
60,063
104, 091
101, 226
57, 397
106, 446
98, 397
57>, 317
107, 559
99, 456
60, 261
115, 420
75, 570
44, 914
123, 473
82, 448
48, 126
116,636
87, 215
55, 471
121, 261
90, 866
53, 804
116,981
99, 280
58, 069
123 107
*• 99, 946
60, 409
5,785
5,827
5, 443
5,560
6,464
6,531
6,385
6,412
6,805
6,770
6,544
6, 468
6,391
6,082
6,601
6,462
6,703
6,612
6,965
6,937
6,699
6,690
r
2,447
2,384
2,213
2,097
2,084
2,116
2,332
2,471
2,483
2,421
2,361
' 2, 289 p 2, 275
56. 03
56.00
56.50
56.03
56. 00
56.50
56.03
56.00
56.50
56.03
56.00
56. 50
56.03
56.00
56.50
56.03
56.00
56.50
57.88
58. 50
59.00
58. 45
58.50
59.00
58. 45
58.50
59.00
58. 45
58.50
59.00
58.45
58. 50
59.00
98, 238
75, 044
13, 809
106, 430
80, 729
16, 501
127, 460
98, 926
19, 339
120,053
92, 237
16, 646
122, 465
92, 713
16, 810
133, 887
102, 457
19, 591
97, 875
71,170
11,631
126, 406
96, 290
20, 576
140, 843
107 622
23, 594
145 674
110 409
23, 745
152,381
116 908
25, 635
452. 6
135. 9
103.0
33.0
491.9
135.4
102.1
33.3
507. 1
154.4
119.2
35.2
499.4
149.6
113.5
36.2
509.4
147.0
109.4
37.7
519.6
155.5
117.0
38.4
513.3
115.0
82.7
32.3
547. 0
134.8
99.9
34.9
552.4
148 8
110.1
38.6
559. 7
158 0
120.0
38.0
584 7
158 1
119.7
38.4
592 4
158 1
120. 1
38.0
8, 838
83
8,497
88
9,982
93
9,815
95
10, 328
97
9,746
94
9,101
85
9, 595
90
9,882
96
10 501
98
10, 247
99
10, 504
99
.0542
.0542
.0542
.0542
.0542
.0542
.0576
.0580
.0580
.0582
.0582
.0581
.0581
74.00
.0452
74.00
.0452
74.00
.0452
74.00
.0452
74.00
.0452
74.00
.0452
78.50
.0487
78. 50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
78.50
.0487
t> 78. 50
P . 0487
36.50
36.50
38.50
38.50
34.50
34.50
39.50
44.50
43.50
44.50
45.50
50.00
f 54. 50
2,145
1,747
89
2,303
2,125
104
2,342
1,990
106
2,123
2, 062
107
2,377
2,514
125
2. 317
2, 078
116
1, 953
2,230
109
1,871
2,032
114
1,910
2 075
124
1,741
2 042
138
1,840
2 185
147
2,377
1 940
117
259, 585
154, 507
105, 078
224,128
1,245
23, 993
307, 939
171, 568
136, 371
265, 592
1,516
29, 480
321, 281
178,528
142, 753
273, 649
1,389
27, 982
379, 767
222, 797
156, 970
330, 050
1,404
30,691
397, 799
230,016
167,783
347, 471
1,532
33, 640
427, 434
266. 148
161, 286
386, 053
1, 251
28, 319
565, 220
392, 145
173, 075
511, 684
1,544
31, 251
511,429
355, 914
155, 515
443, 363
1,454
26. 662
501, 455
343, 966
157,489
445, 349
1,492
26. 079
252, 716 270, 693
150 311 156 504
102, 405 114, 189
212 971 230 573
1,347
1, 413
26. 338 ' 24, 192
290, 031
172 094
117,937
243 656
1, 357
29. 405
Iron and Steel Scrap
Production and receipts, total thous. of short tons
Home scrap produced . _.
_do
Purchased scrap received (net)
- do
Consumption, total ._ __do Stocks, consumers', end of month
do
Ore
Iron ore:
All districts:
Mine production
thous. of long
Shipments
Stocks, at mines, end of month
Lake Superior district:
Shipments from upper lake ports
.
Consumption by furnaces
Stocks, end of month, total
_
At furnaces
On Lake Erie docks
Imports
. do .
Manganese ore imports (manganese content)
do
7,418
4,071
3, 347
7,437
7, 165
0
7,953
36, 702
30, 283
6,419
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 tonsPrices, wholesale:
Composite
dol. per long ton..
Basic (furnace)
do
Foundry, No. 2, Northern
_ _ do
Steel, Crude and Semimanufactures
Steel castings:
Shipments, total
short tons
For sale total
do
Railway specialties
do _
Steel forgings (for sale):
Orders unfilled
thous of short tons
Shipments total
do
Drop and upset
do
Press and open hammer. _ _ __ .
.-do __
Steel ingots and steel for castings:
Production
_ do
Percent of capacity^
Prices, wholesale:
Composite, finished steel
dol. per lb_.
Steel billets, rerolling, carbon, f. o. b. mill
dol. per short ton._
Structural shapes (carbon), f. o. b. milL.dol. per lb_.
Steel scrap, No. 1, heavy melting (Pittsburgh)
dol. per long ton. _
r
1,075
664
7,050
p 7, 027
6, 954
6, 867
58. 45
58.50
59.00
58.45
p 58. 50
*> 59. 00
58 45
r
!58 982
122 201
29, 003
588 6
160. 1
124.7
35. 5
T
10, 828 p l O 121
99
99
.0581
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale):
Orders, unfilled, end of month.
_ _ thousands-2,198
1,742
Shipments
do
77
Stocks, end of month
do ..
Cans, metal, shipments (in terms of steel consumed), r
total for sale and own use _ _ _ _ _ short tons- 279, 551
Food
_
do
' 170, 869
Nonfood
_ - _ _ _
_ _ _ _
d o - r 108, 682
' 239, 950
Shipments for sale
do
1,247
Closures (for glass containers), production.. ._ millions- Crowns, production
thousand gross. . 23, 663
r
Revised.
v Preliminary.
JFor 1956, percent of capacity is calculated on annual capacity as of January 1,1956, of 128,363,090 tons of steel; for 1955, data are based on capacity as of January 1, 1955 (125,828,310 tons).
NOTE FOR STEEL PRODUCTS, p. S-33.—Data for semifinished products comprise ingots, blooms, slabs, billets, etc., skelp, and wire rods (formerly included with wire and wire
products); rails and accessories include wheels and axles. Monthly data for 1950-54 and annual shipments beginning 1933 on the revised basis will be shown later.
SURVEY OF CURRENT BUSINESS
March 1056
S-33
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
May
April
M'arch
June
DecemOctober NovemAugust September
ber
ber
July
January
February
METALS AND MANUFACTURES—Continued
IRON AND STEEI^-Continued
Steel. Manufactured Products — Continued
Stool products, not shipments :§
Total (fill crados)
thous of short
Semifinished products
Structural shapes (heavy) stool piling
Plates
Kails and accessories
Bars and tool stool, total. . . -_
BPI'S' Hot rolled (incl light shapes)
Reinforcing
Cold finished
tons
do
do
do
do
do
do
do
do
TMpo and tubing
do
Wire and wire products
do
Tin mill products (incl. black Tjlate)
do
Sheets and strip (incl. electrical), total
do
Sheets- Hot rolled
do
Cold rolled (incl enam^linc)
do
NONFERROUS METALS AND PRODUCTS*
Aluminum:
Production primary domestic
short tons
Estimated recovery from scrap0
do
Imports (general):
Metal and allovs, crude
do
Plates sheets etc
do
Price, primary ingot, 99% 4dol. per Ib
Aluminum shipments:
Mill products and pig and ingot (net)
mil of Ib
Mill products, total
do
Plato and sheet
do
Castings
do
Copper:
Production:
Mine, recoverable copper.. .
short tons
Refinery primary
do
From domestic ores
do
From foreign ores
do
Secondary recovered as refined
do
Imports (general):
Refined unref. scrap ©
do
Refined
__
do
Expoits:
Refined, scrap, brass and bronze ingots
do
Refined
do
Consumption, refined (by mills, etc.)
do
Stocks refined, end of month, total
do
Fabricators'
do
Price, bars, electrolytic (N. Y.) _
dol. per Ib
Copper-base mill and foundry products, shipments
(quarterly) :
Brnss mill products total
mil oflb
Copper wire mill products ©
do
Brass and bronze foundry products
do
Lead:
Production:
Mine, recoverable lead
__. short tons _
Secondary, estimated recoverable ©_
..do
Imports (general), ore©, metal _ . _ _ _ . do
Consumption, fabricators', total
do
Stocks, end of month:
Producers', ore, base bullion, and in process ©
(ABMS)
short tons
Refiners' (primary), ref. and antimonial © do
Consumers', total
do
Scrap (load-base purchased) all consumers do
Price, pig, desilverized (N. Y.)
dol. per Ib
Tin:
Production, pig, total
long tons
Imports for consumption:
Ore ©
do
Bars pigs etc
do
Consumption, pig, total
do
Primary...
___ _
do
Exports, incl reexport13 (metal)
do
Stocks pig end of month total
do
Industry
_
do
Price, pig, Straits (N. Y.), prompt
dol. per l b _ _
Zinc:
Mine production, recoverable zinc
short tons
Imports (general):
Ores and concentrates ©
do _.
Metal (slab blocks)
do
Slab zinc:
Production (primary smelter), from domestic and
foreign ores
._ _
... _
_ _ short tons .
Secondary (redistilled) production, total. _ do
Consumption, fabricators', total- ... _ _ do
Exports
do
Stocks, end of monthProducers', smelter (AZI)
_
do
Consumers' _
.
_ _ . _ . do
Price, prime Western (St. Louis)
dol. per l b _ _
Zinc oxide (zinc content of ore consumed)
short tons __
r
6 120
G 010
284
358
439
1^0
882
623
116
136
578
309
481
2, 456
734
1, 154
128, 203
27, 091
15, 674
7 541
405
454
571
201
423
425
560
199
428
436
543
207
1, 100
764
161
165
610
327
489
2, 520
734
1,207
7 279
7 269
355
365
457
161
901
630
128
134
795
398
580
2,782
7 054
6 251
7 770
1,160
747
184
160
774
215
161
824
406
602
872
414
685
2,779
967
444
734
2,779
813
1,298
773
1, 312
2, 362
703
1, 120
2, 606
111
1,198
2,713
768
1,262
770
209
173
1, 081
2, 739
70,9
1,297
116,236
28, 521
130 272
33, 933
126 394
29, 919
131, 128
29, 491
127, 634
30 925
132 669
23, 687
133 551
28 923
12, 593
895
.2320
12,753
1, 546
.2320
18, 409
1, 065
.2320
20, 391
1, 467
.2320
20, 174
2. 126
. 2320
12, 957
1,172
.2320
17, 621
1,702
289.7
206.2
114.3
64.4
301.6
205.2
112.0
66.9
347.9
234.7
128 4
79.0
324. 3
227.9
123.3
73.0
342.4
234. 3
125.2
71.7
341.7
255. 7
136 4
68.5
303 9
210.2
113 3
55.0
355 6
83, 300
117, 153
88,312
28, 841
15, 834
83, 492
111,015
81,021
29, 994
15, 028
93, 769
120,611
94, 260
26, 351
19, 383
89, 154
111,348
85,118
26, 230
18, 858
90, 824
127, 124
96, 549
30, 575
18, 827
89, 392
117 639
89, 444
28, 195
20,015
39, 307
11,153
45, 858
12, 104
44,619
11,120
44, 041
15, 935
45, 339
10, 150
26. 929
15, 883
126, 308
121. 835
81 . 807
.2978
37, 375
24, 890
119,609
120, 643
77, 683
.3270
25, 673
17,811
137, 361
117, 786
73, 632
.3294
28, 575
•• 17, 950
133, 130
111, 375
71,086
.3570
28, 753
'21,910
135, 513
121,024
78 865
.3570
r
' 27, 828 r 27, 427
35, 947
32, 742
21, 107
33, 633
93, 000
86, 000
r
873
361
676
7 248
7, 581
429
485
678
180
435
470
639
146
1, 128
814
209
171
758
194
165
877
361
367
2,787
884
339
363
1,215
834
194
176
885
332
390
2,988
14,416
2,038
.2440
12, 183
2 216
.2440
.2440
.2440
2440
141 4
64.9
344 4
244. 1
134 5
67. 1
343 1
248 8
138 3
72 2
353 2
245. 5
137 1
75. 1
357. 0
243. 8
138. 6
75.3
356 0
252 4
142 2
33, 343
42 566
21 204
21, 272
12 557
67, 235
78 905
55 824
23, 081
15 201
90, 271
129 791
97 234
32 557
21 328
49, 369
14, 449
46, 581
12, 283
54, 753
27, 345
63, 706
23, 770
19,322
15, 702
141,044
112, 187
75,158
.3570
13, 790
9, 544
71,233
101,860
67, 334
.3570
15, 372
10, 521
22, 294
.2427
250.0
00,493
122 682
75 668
.3815
' 28, 427
34, 765
34, 023
102, 900
92
127
94
33
22
2, 855
844
1 310
133 689
32, 092
140 748
P 32, 200
140 394
10, 235
2 689
10, 247
2, 900
102
537
218
319
665
91, 053
123 095
94 876
28, 219
22 071
88, 575
135 675
99, 349
36, 326
21 073
52, 154
20, 784
57, 130
20, 876
58, 050
20, 682
19, 341
20 293
15, 719
16, 434
"-14S
835
126, 772 M51 4°0
153 738 151 238 156 801
102 742 106 185 112 897
18,615
. 4405
.4303
.4296
521
345
234
r
r
19, 142 i ]g 433
14, 728
13 301
!54 852 P 150 121
r
!64 192 P i3q gi2
r
l!4 634 »96 555
.4348
r
«• 26, 813
31, 147
40, 735
106, 600
' 26, 876
36, 290
40, 794
111, 500
r 27, 564
40, 980
38, 999
114, 700
25, 975
36, 479
40 335
108, 100
116,204
27, 802
38, 967
50, 238
104 000
26 976
1 19, 733
31, 691
117, 168
106, 409
42, 843
123, 686
46, 413
.1500
103, 636
38, 198
118, 583
45, 771
.1500
125, 644
32, 767
116, 683
50, 762
. 1500
1.22, 352
29, 384
115, 104
53, 412
. 1510
124, 811
52 872
. 1550
26, 147
109, 525
53 209
.1550
2,608
2,728
2,582
2,298
1,842
1,106
1,147
1, 986
2 003
2 036
2 092
2 705
1, 857
4,143
6, 900
4,500
1,312
6, 385
7,280
4,730
2,437
3. 918
7,820
5, 160
1,861
5,454
7, 965
5, 305
1,163
5,615
7, 785
5,160
2, 116
5, 449
6, 640
4,520
2,180
819
5,924
5. 310
7, 960
5, 330
1,443
5 975
7 825
5,015
1 966
5 010
7 810
5,010
1, 163
5 298
7 500
4, 770
14, 751
14, 100
.8727
14, 761
13, 970
.9077
1,769
6,026
8,050
5,200
177
14, 944
13, 905
.9104
13, 513
12, 835
. 9139
15, 616
14, 550
.9137
13, 675
13, 644
. 9364
16, 362
15, 580
.9683
16, 348
15, 685
16, 509
16, 115
17 161
16, 965
17, 448
17, 267
21 114
18, 830
39, 636
r 45, 692
44, 605
«• 43, 536
39, 076
14, 697
29, 832
15, 828
35, 191
13, 257
41, 262
15, 696
34, 134
13, 048
38, 949
13, 166
35, 802
14, 730
41, 600
16 538
57,410
80, 139
5, 937
85, 119
4,428
73, 785
5, 192
80, 602
1,918
83, 395
5,784
96, 388
2 618
78, 399
5, 387
91,312
79, 001
5, 457
92, 739
1,550
78, 917
5,483
70, 589
78, 836
413
81, 173
5,004
94,913
3 053
117, 152
97,013
.1150
96, 165
101,734
. 1150
90, 837
102, 43S
.1150
74, 579
103, 304
. 1193
63, 184
104, 003
. 1200
48, 603
106, W.3
. 1223
6, 610
6,376
6,774
6, 563
6,725
7, 021
40, 547
r
r
43, 277
r
91
.4459
417
107, 257
48, 988
124, 145
49, 046
.1500
4
4375
r fifiQ
106, 023
52, 804
112,170
50, 053
.1500
83
505
631
252
379
245
r 268
25, 783
21). 836
32, 640
83, 800
5,520
7,985
95
117
93
24
17
.2440
r
108, 513
62, 398
112, 742
50, 939
.1500
r
879
353
555
134 655
31 785
r 28, 932
36, 876
48, 597
100, 400
48
818
182
178
130 606
30 681
31, 315 r 28, 686
35, 007
38, 976
30,214
33, 286
96, 100
99, 000
185
1, 189
887
1,395
114, 481
62, 599
120, 142
56, 361
.1500
174
417
467
650
223
2, 843
834
1,318
107, 314
81, 858
113, 364
59,104
.1500
175
7 588
788
1 312
666
401
258
677
392
238
1,197
739
186
158
885
355
618
829
1,292
888
. 2303
1,092
717
197
158
824
283
417
400
461
607
160
414
459
619
171
1, 101
1, 164
7 217
7 378
399
411
543
155
358
388
506
180
933
627
177
122
444
417
600
222
24,146
110,247
20
71
9
115,127
47, 704
.1556
.1615
. 1600
1.0053
70
. 9609
.9787
1. 0776
1. 0482
41, 167
39, 555
39, 615
40, 548
18, 111
45, 944
22 031
42, 700
20 627
49, 208
17 967
87, 687
77, 087
6,361
91, 849
973
760
82, 460
6, 989
97, 940
80, 602
7.014
98. 275
85, 601
6, 977
97 255
51 290
114,115
.1250
46, 084
120, £43
. 1250
42, 167
120, 262
. 1293
43 868
38 058
!15, <i81 ''117,752
. 1300
. 1300
40 979
119 517
. 1300
41 330
39 833
. 1343
. 1350
7, 062
7,175
6,237
8, 304
8, 909
r
41, 383
756
. 9026
. 9646
r
42, 633
6,038
r
r
42, 154
589
151
r
8,140
8, 065
684
Revised.
v Preliminary.
§ Beginning with the March 1956 SURVEY, data reflect regrouping of certain products. For changes not self-explanatory, see note at bottom of p. S-32.
l
©Basic metal content.
Data beginning January 1956 excHide exports of brass and bronze ingots; such exports averaged 65 tons per month in 1955.
*New (or substituted) series in most cases. All series (except as noted) are compiled by the U. S. Department of Interior, Bureau of Mines; data prior to August 1954 for new series will be
shown later. General imports comprise imports for immediate consumption plus material entering the country under bond. Aluminum—prices of aluminum ingot are as quoted by the
American Metal Market; shipments of mill products plus pig and ingot are compiled jointly by the U. S. Department of Commerce, BDSA and Bureau oj the Census. Copper—exports, consumption, and stocks of copper and shipments of mill and foundry products are compiled by BDSA. Lead—producers' stocks of lead ore and bullion are compiled by the American Bureau of Metal
Statistics; stocks of scrap lead are in gross weight. Tin—total stocks include Government stocks available for industry use. Zinc—primary smelter production of slab zinc is derived by subtracting secondary (redistilled) production at primary and secondary smelters (compiled by Bureau of Mines) from total smelter production (compiled by American Zinc Institute).
S-34
SURVEY OF CUREENT BUSINESS
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
F
*™- | March
April
May
June
1956
July
August
Se
berem"| October
Novem- December
ber
January
February
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
1,675
Shipments
thous. of sq. ft. of radiation
5,876
Stocks, e n d o f month _
_ _ _ _ _ _ do __
Oil burners:
57, 282
Shipments
number
50, 686
Stocks, end of month
_ _
. _
do._
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
__
_. . number. _ 167,752
5, 564
Coal and wood
do
153, 065
Ga^ (incl. bungalow and combination)
do
9, 123
Kerosene, gasoline, and fuel oil _
--do . _ _
1,970
6,106
2,419
6, 416
2 035
6,991
1,732
7, 898
2,208
7,903
1 865
7, 520
3 615
6,378
3 326
5 845
3 115
5 *>34
58, 041
51,163
59, 218
62, 655
60 155
71,864
65 407
69, 732
68 600
68, 141
70 945
65 462
100 826
59 572
107 972
50 174
94 689
49 268
200, 306
5,527
186, 436
8, 343
232, 431
6,063
217,466
8,902
196, 705
4 283
182, 502
9, 920
199, 682
4 107
187, 735
7,840
216,879
4 817
204 170
7,892
156
5
145
5
745
367
951
427
238 014
6 460
219 083
12, 471
238
7
218
12
75, 004
4.824
41,646
28, 534
90, 897
4,422
38, 228
48, 247
105,357
7,710
50, 350
47, 297
98, 307
8 624
50,311
39 372
122, 722
10, 624
74, 605
37, 493
186, 201
15 589
116,854
53 758
233,198
26 304
142 723
64 171
311,164
45 107
185, 481
80 576
353,820
56 196
214,388
83 236
Warm-air furnaces (forced-air and gravity air-flow),
shipments, total
.__
_ number . 85, 476
50 923
Gas
do
31,899
Oil
.._
do___
2, 654
Solid fuel
do
Water heaters, gas, shipments _. . _ _ - -do _ 200, 001
79, 537
47 740
28, 917
2,880
214, 703
87, 121
53 673
30, 510
2,938
248, 754
91, 908
58 012
3l[ 484
2 412
231,694
99, 937
62 696
34! 284
2 957
216, 731
117,376
74 125
39, 657
3 594
214,607
107
64
38
4
207
163, 741
99 558
57^ 792
6 391
260, 438
164, 154
101 8?8
54 105
8 221
224 027
Stoves, domestic heating, shipments, total
Coal and wood
Gas
-_ - _ - - -Kerosene, gasoline, and fuel oil
do
do
do
do
905
563
902
440
226
214
752
280
182
2 779
4 666
63 186
4V)' 545
43 374
49 7°8
198 852
7 053
183 531
8 268
167 459
6 476
15? 914
8. 002
399, 454
65 947
9.51' 629
81 878
303,
47
212
43
546
447
565
534
139,911
19 889
91,095
98 997
150 331
94 368
47 660
8 303
21 8* 521
120 948
77 427
37 202
6 319
184* 761
80, 100
59 qio
23,819
3 371
175.173
227
6
208
12
506
834
633
039
r
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans, new orders
thous. of dol__
Unit heater group, new orders
do
Foundry equipment (new), new orders, net
mo. ave. shipments, 1947-49=100..
Furnaces, industrial, new orders, net:
Electric processing
thous. of dol..
Fuel-fired (except for hot rolling steel)
do
Machine tools (metal-cutting types):
New orders
mo. avff. shipments, 1945-47=100
Shipments
do
Pumps (steam, power, centrifugal and rotary), new
orders
thous. of dul
Tractors (except contractors' off-highway and garden) :
Shipments total
thous. of dol
Wheel-type
__do_Tracklaying
do
55,813
14,648
53, 013
16 497
58, 170
18 228
47, 149
19 204
81.0
90.4
163. 6
178.6
145. 7
186.8
213.4
134. 0
156.7
108 6
154 4
183. 9
195.6
1,148
3, 543
976
4, 390
1,342
5,609
2, 234
5, 032
1,813
3, 801
2, 635
2.836
786
2 981
1,348
4,101
964
6, 579
1 532
7 061
1, 543
4 131
2,188
8. 191
2, 102
6 189
203. 0
167.3
209.4
168 2
214. 6
202 5
178. 1
180 1
243.7
180 9
263. 2
198 8
217 8
152 9
221.3
164 6
207 3
195 4
347 1
°04 °
433 3
214 2
.T34 1
P 39Q 2
p 191 9
r
r
237 8
5, 220
6, 709
6, 161
5 447
6 411
7,419
5 834
7 022
5 664
7 048
5 249
7 624
66,178
41,431
24, 747
71 , 786
45, 807
25, 979
79, 302
54, 025
25, 277
94 718
64, 847
29 871
82, 289
51,016
31 , 273
79 179
47,911
31 268
63 360
38* 613
24 747
52 359
29, 308
23 051
59 140
29, 736
29 404
81 728
42 589
39 139
67 355
33 288
34 067
77 611
39, 321
38 290
1,647
1, 321
1,281
1 , 572
1,794
2,024
2,777
3, 039
? 3. 039
r 9, fy>7
' 2, 556
133
141
152
158
163
161
160
166
162
146
' 356. 4
370.6
1,482.3
'241.9
313. 5
1,099.8
•r 255. 9 T 239. 7
354. 5
341.8
1,114.0 i 1 ,204. 9
' 206. 8
245 9
718. 5
702.5
i 831. 2
583. 2
467. 4
i 590. 0
344. 3
647.9
i 939. 5
759. 7
631. 7
137.0
160.0
160.0
154.0
158.0
117.0
147.0
156. 0
156 0
155 0
10 076
12,211
11 106
10 909
11,522
9 856
11 057
12 827
12 399
11 668
3 918
1,565
25, 898
4 876
1,803
29, 762
4 591
1, 815
30 521
4 778
1,799
32 504
4 679
1, 750
35, 310
3 136
1,367
53 017
4 505
1,817
31,611
3 818
1, 639
29 682
4 607
1 914
3? 216
4 409
4 651
1,776 ! 1,847
31 052
29, 522
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), ship1,478
ments
thousands..
Household electrical appliances:
131
Refrigeration, output (seas ad].)*
1947-49=100
Vacuum cleaners (standard type) , sales billed
thousands ._ »• 248. 9
357.4
Washers domestic sales billed
do
1,068.1
Radio sets, production §
do
Television sets (incl. combination), production!
thousands..
654.6
Insulating materials and related products:
Insulating materials, sales billed, index
132.0
1947-49 = 100
Fiber products:
Laminated fiber products, shipments ©
9 426
thous of dol
Vulcanized fiber:
4 037
Consumption, of fiber paper
thous of Ib
1,571
Shipments of vulcanized products cf thous. of dol
24 049
Steel conduit (ri°id) shipments
thous. of ft
Motors and generators, quarterly:
New orders index
1947-49=100
Polyphase induction motors, 1-200 hp:f
New orders
thous. of dol
Billings
do
Direct current motors and generators, 1-200 hp:^f
New orders
thous. of doL _
Billings
do
'261.2
353. 2
1,089.7
1
r
r
252. 7
403.8
930. 1
r
r]
2,016
1 56
306. 5 ' 349. 7 ' 307. 3
414. 9
362 3
361. 3
1,242.1 •'1,396.6 '1,487.9
243. 5
357. 5
'! 1,694.7
r
:
i 604. 6
r
302. 2
393 7
1,078. 6
r
5S8. 3
n, 112.0
p 557. 1
160 0
12 074
155.0
186.0
208 0
38, 649
34, 638
44, 407
41, 298
49, 969
40 578
47, 303
41,659
6,729
9,052
10, 545
8, 179
9, 950
7,220
12, 986
9, 838
4 678
2 248
27 432
2
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
2,392
2,333
1,640
2,024
1,755
1, 812
2,333
2,268
2,383 ' 2, 516
1,888
2,127
2,442
1, 910
Production
._.
thous. of short tons. _
Stocks in producers' storage yards, end of month
942
966
886
720
555
1,164
1,145
1, 081
1,000
1,008
1,048
1,267
thous. of short tons
1, 132
374
242
207
302
175
148
176
226
418
331
311
253
Exports
do
Prices:
25.51
24
18
25.96
24
08
24
50
24.63
25
18
26 37
25
67
25
64
24.48
25 52
25 67
Retail composite
dol per short ton
13. 324 r 13. 640 v 14. 130
13. 261
11. 829
12. 257
12. 524
11.829
12. 257
13. 721
13. 721
13. 721
13. 721
Wholesale, chestnut, f. o. b. car at mine
do
r
l
2
Revised.
Preliminary.
Represents 5 weeks production.
See note marked "cT " for this page.
*New series. Compiled by the Board of Governors of the Federal Reserve System. The seasonally adjusted index reflects changes in total output of refrigerators, freezers, room air conditioners,, and dehumidifiers.. Monthly data beginning 1947 will be shown later.
.
§ Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for March, June, September, and December 1955
cover 5 weeks; other months, 4 weeks.
© Data beginning August 1955 cover 20 companies; earlier data, 19 companies.
0* Beginning January 1956, data include shipments of hplloware (except tubes); in 1955, such shipments averaged $189,000 per month,
^ Data for polyphase induction motors cover 34 companies; for direct current motors and generators, 27 companies.
SURVEY OF CURRENT BUSINESS
March 1956
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-35
1955
January
February
April
March
May
June
1956
July
August
Septem- October Novem- December
ber
ber
January
February
PETROLEUM, COAL, AND PRODUCTS—Continued
COAL- Continued
Bituminous:
Production
thous. of short tons
Industrial consumption and retail deliveries, total \
thous. of short tons Industrial consumption, totalj
do_ ...
p]lectric-power utilities
do
Coke ovens
_. __ _ _.
do_ __
Beehive coke ovens
do
Steel and rolling mills
__,
do_ _
Cement mills
do
Other industrials
__
-do
Railroads (class I) . . _ _
Bunker fuel (foreign trade)
Retail-dealer deliveries
34 620
38 620
36 320
36, 470
43 000
40 740
41 650
43, 550
45 270
44 750
35, 105
30, 243
11 234
8, 755
169
511
707
7,578
31, 207
28, 368
9 906
8, 519
196
417
672
7,411
31, 478
29, 123
10 505
8,927
222
387
714
7,093
31, 356
28, 716
10 808
8, 523
244
365
687
6 887
31, 441
29, 083
11, 464
8,621
238
342
707
6,508
34, 231
30, 831
12 290
8,886
276
357
710
7,003
34, 850
30, 539
11 783
8,858
268
364
703
7,283
37,
32
12
9
533
713
382
151
291
407
73*>
8 339
40, 581
34 387
13 026
9 020
315
486
768
9 281
' 45, 053
r
37, 506
14 482
f 9 432
373
575
871
10, 265
45, 469
37, 588
14 936
9 455
400
565
848
10 019
8, 258
99
506
755
7,316
1, 415
1,271
3
1,278
11
1,203
44
1,240
35
1,159
43
1,154
49
1,253
56
1,228
52
1 351
60
1 435
56
1,486
T
22
1 362
3
do
6.233
5 853
4 862
2 839
2 355
2 640
2,358
3 400
4 311
4 820
6 194
7 897
7 881
65, 869
65, 166
38 095
11,476
556
1, 155
12, 487
1,397
63, 751
63 130
36 796
11 066
509
1,082
12 337
1 340
63, 664
63 022
37 035
10 776
505
963
12 494
1,249
64, 001
63 270
37 376
10 702
534
970
12 469
1,219
66, 356
65 471
38 347
11 516
561
1 015
}*> 840
1 192
68, 042
66 845
38 405
12 348
548
1,166
13 258
1 120
70, 988
69 701
39 288
13 674
567
1 236
13 762
1 174
71, 700
70 443
39 872
13 993
580
1 289
13 556
1 153
71 747
70 516
40 208
13 892
' 570
1 304
13 420
l' 122
* 68 423
' 67 425
38' 228
T 13 342
576
1 270
12 922
1 087
65 896
64 951
36' 442
12 661
' 579
1 132
13 064
1 073
69
68
39
12
452
310
225
747
558
1 140
13 405
1 235
70
69
39
13
325
211
720
604
527
1 342
12 923
1 095
_. _ do _ . _
703
621
642
731
885
1 142
1 197
1 287
1 257
1 231
1 114
1,804
2 539
2.282
4, 569
4 717
4 992
4 652
5 708
5 436
5 534
4 656
Ppstrnlnnm cnkfi 9
._
37 060
33, 769
27, 916
10 840
7,631
105
504
670
6,892
Exports
_
.
do . _
Prices:
Retail, composite
dol. per short ton-Wholesale:
Screenings, indust. use, f. o. b. car at mine-, do
Large domestic sizes, f. o. b. car at mine do.-_
Production:
Beehive
Oven (byproduct)
_
35 545
36, 334
30, 101
11, 750
do. __
do
Stocks, industrial and retail dealers', end of month,
total _ - - _ - _ _ - _ _
thous. of short tons. _
Industrial, total
.
_ _
do
Electric-power utilities
do
Coke ovens
_
do
Steel and rolling mills
do
Cement mills
_
._ _ do_ _
Other industrials
do
Railroads (class I)
do
Retail dealers
36, 580
998
41 825
945
4 340
15. 10
15.10
15.10
15.00
14.77
14. 81
14. 83
14.93
15. 25
15.40
15.43
15.46
15.55
4.481
6. 951
4. 481
6. 949
4.480
6.920
4. 401
6. 369
4.377
6. 371
4.390
6 423
4.395
6.588
4. 430
6 738
4. 737
7. 104
4.706
7 166
4.722
7 187
4.727
r 7 204
p 4. 732
P 7 235
61
5, 745
457
64
5,327
436
102
6,131
486
117
6,014
438
135
6 287
476
' 154
6 001
479
145
6 039
483
r
170
r fi 939
163
6 234
417
'179
6 452
473
189
6 357
T 519
225
6 640
536
255
6 660
2,748
1, 654
1,094
449
29
2,614
1,632
981
474
43
2,526
1,579
946
476
39
2,485
1,529
956
498
29
2, 346
1 373
973
473
42
2 188
1 227
961
440
44
2.112
1 198
914
437
57
r
1 782
1 240
542
330
48
1 748
1 319
429
307
58
1 697
1 386
311
305
53
1 649
1 433
215
402
39
1,975
1 291
684
361
45
13.75
13. 75
13. 75
13.75
13.75
13. 75
13.75
13.65
13.63
13.63
13.63
13.88
14.13
2,486
209, 600
90
228, 737
2,340
191, 392
92
211, 365
2,738
213, 454
90
228, 594
2,787
206, 600
87
214, 080
2,594
206, 983
89
225, 699
2,798
198 389
91
224, 510
2, 661
205. 600
93
234, 986
2 834
206 604
93
234, 966
2, 746
201, 919
91
224, 478
2 473
211 770
90
231,411
2 598
210 406
' 93
230, 758
2 512
221 804
98
240, 634
260, 156
67, W16
172, 635
19, 605
258 630
66, 574
172, 429
19 627
264, 430
68, 829
176,193
19, 408
275 232
71, 215
184, 317
19, 700
276
71
185,
19
270
70
181
18
850
788
076
986
°64 601
69 399
175, 702
19 500
9=15
65
171
19
427
920
285
222
256 269
67 887
168,344
20 038
259 201
67 893
17l' 247
20 131
260
65
175
20
265
66
178
19
381
20, 799
2.82
976
20, 912
2.82
771
24, 480
2.82
1,431
20 818
2.82
1, 166
23 106
2.82
1 053
24 739
2.82
887
25 049
2.82
1 191
26 502
2.82
832
25 161
2.82
871
25 606
2.82
872
26 658
2.82
1 040
30 368
2.82
46, 033
33, 288
47, 094
34 4?6
48, 839
32 392
48, 832
33 823
50, 237
33 794
48, 617
31 815
49, 985
34 821
50, 393
36 412
54, 708
39 879
37,177
43, 668
31, 726
41 848
29 994
40 754
28, 359
38 919
33 781
41 287
37 290
37 866
38 848
42 583
r 59 700
51 219
83 910
60 538
5 678
7,635
6 332
4 884
7 688
6 708
4 699
8 337
6 362
4 617
8 185
7 005
5 369
8* 471
7 33°
5 183
8,330
6 755
6 043
8 456
7 061
7 096
8 688
6 455
8 540
9 007
6 777
70, 139
43, 838
83 559
45, 083
100 652
44 398
119 169
44. 894
133 675
45 480
143 248
46 267
152 288
47* 040
141 808
44 071
111 333
39 174
1 258
2, 535
2 109
2, 256
o 145
2, 380
2 259
1,866
2 194
2! 618
2 195
2, 226
2 283
1,884
1 427
1,456
1 559
2,088
.102
1. 500
.101
1.600
.101
1.700
.101
1.750
.101
1.750
.103
1. 750
.098
1. 750
. 098
1.750
.103
1.800
9,373
5, 799
21, 486
215
9,164
3 878
26 375
300
8 084
4 374
29* 830
221
8 877
5 436
32 749
430
8 975
6 116
35' 292
' 295
8 363
7 036
36 361
144
9 566
9 087
36 705
93
.108
.108
.108
.108
.103
COKE
thous. of short tons..
__do
dr>
Stocks, end of month:
Oven-coke plants, total
do
At furnace plants.. _
do ._
At merchant plants
do
Petroleum coke
_
_
do
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton._
467
2 056
1 250
r 8()6
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed.
number-Production 6"
thous. of bbl_
Refinery operations--.
percent of capacity- _
Consumption (runs to stills)
thous. of bbl_.
Stocks, end of month:
Gasoline-bearing in U. S., total
do
At refineries ___
_ do ..
At tank farms and in pipelines
do-__
O n leases. _ . _ _
___ __
d o ..
Exports
do
Imports _ ___ -.
__ __ _
do
Price (Oklahoma-Kansas) at wells
dol. per bbl._
Eefined petroleum products:
Fuel oil:
Production:
Distillate fuel oil
thous. of bbl— 53, 926
51, 719
52, 779
Residual fuel oil
_ do _ _ 38, 276
34,683
36, 722
Domestic demand: cf
Distillate fuel oil:
do.— 73, 801
68, 513
58, 252
Residual fuel oil__
.__ _ _._
. do .._ 55, 880
51,386
51, 475
Consumption by type of consumer:
Electric-power plants.
do
8,912
7,432
6 813
Railways (class I)
...do ___
7,699
8,093
8,268
Vessels (bunker oil)
_
do
5 803
6 379
5,916
Stocks, end of month:
Distillate fuel oil
_.__do
86, 692
69, 283
62, 457
Residual fuel oil. __
_ _
do
49, 457
46, 042
44, 970
Exports:
Distillate fuel oil
do
1 786
919
1 521
Residual fuel oil
do
2,819
2,985
2,231
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
dol. per gal..
. 102
.102
.102
Residual (Okla., No. 6 fuel)
dol. per bbl..
1. 500
1.500
1. 500
Kerosene:
Production
thous. of bbL. 12, 665
10, 471
11,080
17, 071
15,003
Domestic demand cf -- --- -- ... do _
10, 940
Stocks, end of month
do
23, 266
18, 291
18, 187
Exports
do...
109
326
179
Price, wholesale, bulk lots (New York Harbor)
.110
dol. per gal. .
.110
.110 I
T
Revised.
*> Preliminary.
{Revised (effective with the October 1955 SURVEY) to include bunker fuel.
cf Revisions for 1954 will be shown later,
9Includes nonmarketable catalyst coke. Such production for January-December
.110
948
293
771
884
.108
707
095
427
185
10 229
13 473
33 283
93
. 103
610
852
771
987
P2.82
8 221
6 292
p. 106
P 1. 949
12 240
18 602
26 770
99
. 108
». Ill
1955 is as follows (thous. short tons): 198; 186; 184; 141; 204; 209; 204; 219; 189; 209; 231; 226.
14.13
SURVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated, statistics through 1954 and
descriptive
notes are shown
cr
sow in the 1955 edition of
BUSINESS STATISTICS
March 195
1956
January
February
March
April
May
June
July
August
Se
m
^ - October IN^-
D
<^
January
February
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
Production
thous. of bbl_4, 565
3, 180
Domestic demand 9
do
Stocks, refinery, end of month
_ , d o _ _ 10, 162
892
Exports
do
Price, wholesale, bright stock (midcontinent,
f. o. b. Tulsa)
„ -dol. per gaL_
.180
Motor fuel:
Gasoline (including aviation):
Production, total 9 _
_ thous. of bbL- 112, 808
Gasoline and naphtha from crude oil
do _ _ 99, 419
Natural-gas liquids:
Used at refineries (incl. benzol) __ -_ -do _. 10, 857
2,532
Used in other gasoline blends, etc 9
do _
Domestic demand 9 - - - --Stocks, end of month:
Finished gasoline
- At refineries
Unfinished gasoline
Natural gasoline and allied products
4,691
3 589
9,615
1 211
4,740
3 766
9,430
1 097
4,818
3 750
9,233
1,208
4,557
3 488
8,947
1 2^9
4 871
3 986
8,547
1 220
4, 526
3 572
8,291
1 143
4,666
3 720
8 108
1 060
5,115
3 713
8,433
1 024
4, 693
3 150
8,763
1,155
.180
.180
.180
.180
.180
.180
.180
.190
.190
.200
.200
102, 342
90, 424
109, 838
97, 207
105, 069
92, 793
111, 759
99, 016
111,759
99, 291
118, 548
105, £82
119 601
106, 311
113 527
100, 259
118 652
104, 839
116, 009
102, 255
121, 411
107, 750
9,451
2,467
10, 067
2,564
9,486
2,790
10, 027
2,716
10, 001
2,467
10, 475
2,491
10, 643
2 647
10, 614
2 654
11, 903
1,910
11,379
2,375
11,479
2,182
*.200
96, 397
88, 464
105, 684
111,116
115, 707
120, 710
115, 653
121 816
113 379
112 558
109, 212
111,034
170, 422
101 070
11, 221
12, 004
172, 396
101 119
11, 576
12, 805
165, 413
93 285
10, 188
13, 460
158, 552
85 132
10 199
14, 976
147, 154
76 363
10, 285
16,327
146 844
75 499
10 235
17, 553
141
72
10
18
352
578
560
048
140 236
71 035
9' 958
17, 658
143 080
73 327
10 023
18, 144
148, 050
74 852
9,821
16, 450
156, 047
85 585
9, 386
13, 564
1,765
1,641
1,559
1,642
2,135
2,000
2,471
2,416
2,171
2,510
1,904
2, 262
.105
.125
.211
.105
.125
.212
.105
.125
. 216
.108
.125
.215
.108
.125
.214
.108
.125
219
110
.125
218
.110
.125
.214
.110
.130
213
.110
.130
.212
.110
.130
.216
8,019
6 064
10, 130
6,113
7,245
5 745
10, 302
6,380
8,217
5 934
10, 030
6,063
7,878
6 433
9,605
6, 098
8,771
6 496
9, 675
6,124
8,926
7 169
8 557
5,230
9 315
6 942
9 556
6, 115
9 416
7 227
9 621
6,210
8, 334
6 843
10, 108
6,487
9 263
7 480
10 074
6,527
'8 295
6 803
10 035
6,571
9,129
7 447
9,540
6, 108
4, 163
3, 906
3 472
4, 265
4, 369
3 368
5, 285
5, 087
3 566
4, 243
4,202
3 607
4,845
4,972
3 480
5,007
4,833
3 619
4,549
4 711
3 456
5,029
4 899
3 542
4,968
5 181
3 329
5,076
5, 136
3 229
4,754
4,786
3 197
4,464
4, 204
3 457
4,246
8,623
4,230
9,888
5,067
10, 869
6,278
11, 779
7,827
11, 524
8 799
9 943
9 506
9 107
9 462
6 918
9 047
5 789
8 082
5,669
6 017
6 504
4 560
7,768
433
579
427
578
466
542
441
552
423
554
464
590
433
602
408
573
416
561
445
535
482
536
455
551
3,190
3,264
5,533
6,099
5,972
6,950
5,225
7 183
6,242
5,948
4,617
2,707
3,188
603
686
1,902
85
62, 720
652
687
1, 925
79
81, 326
1,134
1,063
3, 336
125
112, 726
1,088
1,100
3,912
98
89, 320
986
1,115
3,870
91
77, 040
1,136
1,316
4,498
109
109, 404
850
1,074
3,300
91
69, 355
1 342
1,528
4 314
124
97, 146
1,203
1,332
3 707
139
74, 887
1,190
1, 383
3 375
150
78, 717
908
1,076
2,632
128
104,487
528
625
1,554
74
81, 117
626
630
1,932
83
53,945
2 640
2 886
4 482
do _
thous. of squares- .
__
4,602
3 665
9,779
1 179
159, 486
-do
92 092
do
10, 076
do _
do. _- 12, 973
Exports (motor fuel, gasoline, jet fuel)
do .Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol. per gal__
Wholesale, regular grade (N. Y.)-- --do _Retail service stations 50 cities
do
Aviation gasoline:
Production total
thous. of bbl.
100-octane and. above
do
Stocks end of month total
do
100-octane and above
-- - -- do -_
Jet fuel:*
Production
__
do _
Domestic demand
- - __do
Stocks end of month
do
Asphalt :Q
Production
do
Stocks refinery, end. of month
_
do
Wax:0
Production
- - -do_. _
Stocks refinery, end of month
__do ._
Asphalt products, shipments:
Asphalt roofing, total
Roll roofing and cap sheet:
Smooth surfaced
Mineral surfaced
Shingles all types
Asphalt sidings
Saturated felts
3,992
2 901
10,087
1,094
-
do. _
do
- -- -- do
do
-- short tons _
. 105
.125
214
p. 110
*. 130
214
213
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
-Consumption
_
Stocks end of month
Waste paper:
Receipts
-Consumption
Stocks end of month
2,823
2,680
5,386
2,690
2,512
5, 563
2,647
2,862
5 348
2,189
2, 752
4,785
2.416
2,842
4 359
2,713
2 837
4 235
2, 734
2, 605
4 363
3 075
2 878
4 566
2 968
2 716
4 811
2 899
2? 987
4 726
-- -short tons . 655, 291
686, 004
- do
428, 747
do
643, 881
676, 121
397, 734
785, 696
785, 023
398 987
743, 006
733, 154
407 295
795, 214
793, 855
408 530
865, 151
904 539
779 120
668, 080
633 344
436 772
781 481
802 637
415 277
765, 167
781 546
398 680
1, 709. 4
70.4
920 2
233. 9
219.7
106. 6
158.6
1, 787. 9
91.5
976 5
211.8
226.2
112.0
170.0
1, 768. 3
89.2
971 0
210.6
219 8
112.1
165.6
1,631.2
66.6
891 7
201.0
218.0
105. 5
148.5
1 810 7
99 4
976 8
210.9
230 7
115.9
176.9
712.1
154.9
479.5
77.7
719.3
162.0
475 0
752.9
170.8
491 2
90 9
741.0
162.8
491 8
86.4
55 5
16.1
39 4
49 3
12.4
37.0
49 8
15 4
34 5
52 5
19.0
33 5
thous. of cords (128 cu. ft.) _
_
-do . __
do
WOOD PULP
Production :cf
Total all grades
.
thous. of short tons- 1, 654. 5 1, 564. 8 I, 784. 1
82.1
78.1
72.7
Dissolving and special alpha
- do
964 3
881.7
852.8
Snlfate
do
216. 9
196.5
223.0
Sulfite
--- - do - _ 212.1
206.1
233.9
Groundwood
- do _ _
104. 5
Defibrated or exploded
do96.0
116.8
Soda, semichem., screenings, damaged, etc.- do
140.7
161. 1
164.0
Stocks, end of monthic?
743.4
731.5
714.0
Total, all mills
do
175.9
167.8
155.8
Pulp mills
- do
489.6
489. 1
485.0
Paper and board mills
do
77.9
74.6
73.2
Nonpaper mills
- - --do _ Exports, all grades, total
Dissolving and special alpha
All other
-
do. _.
-do _.
-do
49.0
14.0
35.0
62.5
13.1
49.4
54.4
15.1
39.3
on 0
r
3, 048
2 762
r 4 773
3 229
3 038
5 022
808 959
800 758
406 763
796 131 rr 750, 843
780 973 711 936
421 687 r 458 697
746 564
764 638
442 325
1,710 9
61 6
943 6
204 8
222 1
110 8
168.0
1 873 9
88 2
1 005 7
'232 7
244 0
116 6
186.7
1 801 2
83 6
983 4
213 3
236 6
108 5
175.9
759.4
164 8
506 5
88 1
764.5
152 1
520 2
92 3
770.4
157 4
514 8
98 1
53 5
14.5
39 0
55 0
19 7
35 4
40 5
14.1
26 3
r
1,716 2
85 3
r
924 1
fr 200 1
235 4
100 1
171.3
1 889 3
85 6
1 020 5
238 5
243 9
106 1
194.8
771.8
151 9
517 6
102 2
762.9
133 1
r 526 1
103 9
77?
156
515
100
55 0
17.6
37 4
58 4
22.6
35 7
5
1
7
6
158.2
Imports, all grades, total
_.
--do - _ .
149.1
159.6
157.2
208.6
181.1
212.5
194.1
210.6
185.6
208.4
188.0
10.2
Dissolving and special alpha .-.
do
19 2
13.8
19.1
18 8
21 5
15 2
16 9
20 5
18 5
15 9
18.1
135.4
148.0
Allother
do
140.8
177.2
161.9
142.1
194. 5
167.0
189.5
172.0
190.0
186.9
T
Revised.
*> Preliminary.
9 Revisions for 1954 will be shown later.
*New scries. Prior to 1954, included with data for gasoline, kerosene, and distillate fuel oil; for January-July 1954 figures, see note "*" on p. S-35 of the November 1954 SURVEY and earlier
ues.
GAsphalt—5.5 bbl. = l short ton; wax—1 bbl. = 280 lb.
{^Effective with the October 1955 SURVEY, data as compiled by the Bureau of the Census have been substituted for those from the United States Pulp Producers Association.
uarch 1056
SURVEY OF CUREENT BUSINESS
Jnless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
S-37
19r6
1955
January
February
March
April
May
June
July
August
Septem- October Novem- December
ber
ber
January
February
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
A. 11 paper and board mills, production:!
Paper and board total
thous. of short tons
Paper
do
Paperboard
_ _ _._
do
Wet-machine board
do _
Construction paper and board
do. .
"?aper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association):
Orders new
thous of short tons
Orders, unfilled, end of month
do
Production
_ _ __ do
Shipments
do
Stocks, end of month
_ __ do_
Fine paper:
Orders, new
_
do. _Orders unfilled, end of month
do
Production
do
Shipments
do
Stocks, end of month
_ _ _.do
Printing paper:
Orders , new
do
Orders, unfilled, end of month, ._ _ _ _ _ f _ do. _
Production
- do
Shipments
do
Stocks, end of month
. do
Price, wholesale, book paper, "A" grade, English
finish, white, f. o. b. mill
_dol. per 100 lb_
Coarse paper:
Orders, new
thous. of short tons
Orders, unfilled, end of month .
_ _ do_ _
Production
_ _ _ do
Shipments
_
do _
Stocks, end of month
_do
Newsprint:
Canada (incl. Newfoundland):
Production
_ _ ._ __
__do
Shipments from mills
do
Stocks, at mills, end of month.
. . do _
United States:
Consumption by publishers
do
Production!
do
Shipments from millsj .
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 ._
thous. of short tons .
Orders, unfilled, end of month
do
Production, total
do
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
_ _ _ _ _ _ mil. s q . f t . surface areaFolding paper boxes, index of value:
New orders
_
1947-49=100.
Shipments
do
r
2,249
2, 348
1,040
' 1, 056
12
14
277
2,457
1,066
1,113
2 545
1,083
1,170
2,265
2,559
1,079
1,197
2,605
1,078
1.218
968
1,026
9
261
12
224
972.2
713.5
929.5
9?0. 1
445. 7
919.5
701.8
879.7
878.5
420.6
1 049. 2
756.8
999.6
1, 007. 3
413.5
956. 4
750. 9
951. 8
939.2
422.7
959. 2
770.6
958. 0
952.2
426.7
985
805
953
960
433
2
6
3
2
0
894 2
838.6
850.7
834 8
436.9
949
860
950
941
446
4
8
5
6
9
997
898
946
949
446
6
8
8
1
1
117.5
62.0
121.5
124.7
111.1
124.3
72.5
116.7
121.5
107. 5
133. 4
75. 6
127.7
134 1
101.5
124.4
78.1
120.6
120.4
97.5
126.1
85 9
125. 2
124 5
103 1
131 8
92 4
126 6
133 9
104 9
109.4
103 4
98.6
98 9
99.6
113.5
96 2
116 7
118 6
94 7
128
109
123
124
100
4
4
5
1
5
345. 7
375. 2
313.9
309.9
150. 4
313.5
359. 2
2P5. 4
292 1
153.8
362. 4
382.4
343. 9
344 1
153.6
318.9
372.2
317.2
312 7
158.0
327.7
380.0
326 3
330 1
154 3
363. 6
415 4
324 6
327 8
151 1
317.0
433.3
285 8
280 7
156. 2
337.1
451 5
329 7
330 7
155 2
338.2
435 1
325 2
393 8
156 6
14
265
13
278
14
270
14
296
2 681
1, 154
1,236
2 518
1,065
1,164
240
r
T
r
2, 575
1,117
1,167
989
1,024
13
275
13
278
r
r
T
1 034 4
' 892 7
1 ,022 .3
1 004 4
t 459 4
129
108
128
125
101
5
8
9
4
5
357.0
441 2
337 7
340 6
153 8
14. 00
14.10
14.10
14.10
14.10
14 10
14.45
14.45
14 45
306.8
152.3
302.3
298.9
105.7
304. 2
149. 6
293.1
287.8
89.0
354. 2
176. 4
331. 6
332.8
90.4
318.7
172.3
310. 1
311.1
84.6
316
180
313
309
87
304
175
311
311
93
6
9
4
5
5
296 9
181.0
284 0
282. 2
87 6
313
188
311
308
93
331
223
306
305
88
490.8
466.3
149.6
479.3
464.1
164. 8
539. 1
512.0
191.9
518.6
540. 5
170.0
521 3
525 0
166 3
507 8
543 4
130 7
490.4
502 4
118 7
539 5
534 6
123 6
503 2
501 6
125 2
538 8
547 2
116 9
455. 4
r 135 2
r 132 8
422.2
r 133 o
T 135 i
9 R
340 4
86 4
7 7
345 2
86 4
383. 5
117.3
115. 6
7.9
T
r
365. 2
111.5
112. 2
7 2
412.2
87.7
417.8
131.1
438.9
127. 3
' 126. 9
r
7.6
383.1
82.6
r
r
431.8
122. 7
122. 9
7 4
369. 2
78.8
8
5
4
0
7
9
9
0
2
4
6
9
9
5
7
r
T
r
T
r
o
5
6
4
r 89 0
2, 461
1, 078
1, 129
12
243
13
260
987
892.
935.
939.
442.
957 2
876 0
973. 2
953 8
471 1
98 6
r 337. 0
2
330 7
r 332 7
r
151 8
355. 0
448.0
317 0
316 0
153 0
106 3
125 2
r 126 3
r
r
434
r
14.85
14.45
r 313
205
T 315
r
310
r 93
r
o
4
9
0
2
309
209
302
303
86
2, 656
1, 165
1,230
12
250
0
0
0
0
0
133.0
102 0
126 0
128 0
73 0
r 122 4
r
r
14 45
r 339
*• 210
r 332
'328
r
r
r
2 599
1 105
1,222
p 15. 05
0
0
0
0
0
541 7
544 4
114 2
520.0
554 1
80 1
523 0
502 3
101 1
378.4
384.7
461. 8
r 13fi 7
r 138 9
r 141 8
r 141 4
r 149 0
1?3 4
424.8
T 12(5 7
r 125 9
478.9
r 126 °
r 144 i
419.2
131 9
131 0
402.3
139 5
140 5
10 5
358 7
83.7
8 4
404 0
81 0
91
379 7
86 2
9 5
342 3
80 7
7 5
325' 7
82 5
8 3
361 0
97 4
7 3
360 0
112 0
r
392.5
364.3
435.8
421.2
446 7
447 5
392 0
454 8
409 3
453 1
458 3
125. 75
125. 75
125. 75
125. 75
125. 75
125. 75
125. 75
125. 75
125. 75
125 75
126 75
1, 020. 3
450. 7
1, 013. 3
92
1, 085. 0
523 4
1, 043. 1
95
1,311.7
515 7
1,214.1
96
1, 163. 1
507 6
1, 142. 2
95
1 248 4
621 0
1, 187. 2
96
1 239 0 1 082 4
602 9
582 2
1, 210. 6 1,019.2
99
81
1 305 7
665 8
1, 264. 3
99
1 167 4
585 7
1, 192. 4
97
1 299 8
591 3
1,260.2
102
1 255 1
654 6
1,261.4
100
6,808
6,870
8,226
7,863
7 948
8 171
7 098
8 603
8 594
8 814
8 247
7 827
7 588
184.7
172.3
176.7
151 8
193.9
178 9
188.1
168 0
183 8
167 1
198 9
179 9
187 3
150 3
206 6
188 5
188 1
191 0
189 7
194 3
191 6
189 2
185 2
180 7
195 7
164 9
971
771
200
950
756
194
1 102
1 175
1 069
993
800
193
920
692
228
723
588
135
951
783
168
1 467
1 256
1 086
1 216
969
247
717
570
147
48 359
109 056
59, 840
50 963
113 185
50,' 459
54 995
110 795
45, 720
52 769 r 48 377
103*774 r 109 530
4s 195
50, 509
53 599
HI 388
397.8
366 1
107 2
483 2
r
127 00
P 129 00
1 203 7 1 195 4
539 5
577 2
1, 223. 7 1, 184. 8
90
100
1 155 3
584 2
1, 189. 7
100
7 758
PRINTING
Book publication, total
New books_ _. _ _ _
New editions
_
_
number of editions
_ _ _ - - d o
do
855
247
965
210
838
231
211
926
160
851
615
236
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
-long tons.. 56, 911
Stocks, e n d o f month
.__ _ ___
_do
101, 050
Imports, including latex and guayule
do
49, 941
Price, wholesale, smoked sheets (New York)
dol. per l b _ _
.325
Chemical (synthetic):
Production _ __
long tons
70 045
Consumption
do
68 456
Stocks, end of month
_
do
147, 774
Exports
do
3 422
Reclaimed rubber:
Production
_ _ _ __ __
Consumption
Stocks, end of month
_ __
__ __ do
do
_ do__.
25, 237
25 322
29, 656
50, 997
97, 189
50, 790
58, 472
102 058
61, 250
.354
67
67
141
3
609
709
663
148
25, 332
24 333
30, 125
52, 963
101, 620
61, 113
.313
78
77
143
4
757
173
587
454
29 574
28 674
30, 311
54, 746
106 6fO
61, 042
.314
.323
75
72
141
5
604
123
444
564
26 678
26 609
30, 068
56, 282
100 861
52, 762
81
75
138
5
617
421
108
740
27 911
27 652
29, 528
46,166
105 782
43, 626
.348
77
79
130
8
819
497
694
710
30 426
29 157
29. 725
.455
.400
81
62
139
7
472
897
902
896
24 034
22 563
29. 939
83
72
137
10
628
722
050
497
25 183
2^ 790
27. 956
.493
83
76
136
11
257
375
035
847
26 377
26 340
27. 110
.433
89
80
134
11
060
389
753
241
27 947
26 597
27. 565
.470
.408
91 281
90 319
81 661 r 76 026
133' 664 T 136 319
10 890
11 00 3
93 522
79 414
142 261
28 102
T 24 515
31. 058
26 204
26 119
31. 994
.453
r 99 H3
27 229
28. 473
T
.372
r
Revised, v Preliminary.
t Effective with the October 1955 SURVEY, items have been revised as follows: Construction paper (formerly included in the total for paper) is now combined with construction board;
wet-machine board was formerly included with paperboard.
{Revisions for January-December 1954, respectively, are as follows (units as above): Production—Q7A; 89.9; 99.9; 91.7; 98.3; 99.3; 99.1; 103.1- 99 3; 113.4; 107 6-112 2- shipments—96 2; 87.9; 102.4;
90.8; 100.3; 98.9; 99.4; 102.2; 100.9; 110.5; 109.0: 114.5.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
Janu-
ary
Febru-
ary
March
April
May
June
July
March 195(
August
October
ber
Decem-
ber
ber
Janu-
Febru-
ary
ary
RUBBER AND RUBBER PRODUCTS—Continued
!
TIRES AND TUBES
i
Pneumatic casings: cf
Production
Shipments, total
Original equipment
Replacement equipment
Export
.
_
8,745
10, 083
9,153
9,949
10 703
9 027
8 717
q 125
9 555
9 603
8 478
8 979 '
8,911
3, 785
4,967
8,272
3, 833
4 281
9, 907
4,780
4 926
9, 865
4, 352
5 361
10, 234
3, 931
6 129
201
9,937
4,457
5,315
165
174
9.729
3. 890
5 711
128
9.462
3 362
5 980
119
8 453
3 142
5 170
8, 045
4 303
3 592
140
8, 117
3 495
4 460
'l61
7 515
4 045
3 ?9S
8 203
3 402
4 66Q
do
do
14, 949
15. 368
1 5, 609
14. 890
14, 936
15, 460
14, 684
13 908
14 674
16 163
137
147
17 727
do
do
3, 089
4,116
2.850
2,862
3.234
3,327
2,836
3. 250
3, 005
3,233
3. 136
3, 565
2 768
3,450
2 923
3. 733
3 169
3 261
3 119
3,004
3 052
2,875
2 719
2*686
2 017 !
3,608 ...
do
do
8.252
58
8,244
81
8.217
7, 963
7, 735
7,326
78
6. 664
5. 917
5 966
6 286
67
6 734
6 833
6 294 '
78
do
do
do
do_ _
Stocks, end of month
Exports
Inner tubes: cf
Production
Shipments
-
Stocks, end of month
Exports
9, 040
thousands
_ _ _ _
159
134
157
155
180
96
155
87
152
154
62
155
125
67
111
48
150
172
18 778
140
166
83
78
131
19 517 '
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production...
Percent of capacity
Shipments
Stocks, end of month:
Finished
Clinker
__ _ _
20. 223
' 81 \
13. 520 j
17,611 \ 22, 340
78 !
89
22 941
14,031
24, 818
27, 031
26, 762
27. 332
27, 861
26, 958
27, 924
24 894
23. 075
25, 295
29, 527
31, 606
29, 467
31 883
29 887
28 950
21 985
17 203
23, 437
7.888
27, 087
10, 812
26,516
12, 571
26, 106
12, 044
23, 672
10, 439
18, 855
8,624
16. 727
7.192
12 731
5.373
9 779
4 413
8 754
3 514
r 11 g64
4 236
17 536
6 750
468, 522
412,028
445. 775
405, 001
562, 507
568, 469
569, 355
605, 391
613, 871
652, 091
653, 910
684, 429
623, 164
627, 200
677, 449
680. 758
675, 876
677 850
656. 868
637, 593
632 714
581 028
566 810
480 413
28. 642
28. 559
28. 559
28. 654
28. 750
28. 846
28. 952
29. 308
29 451
29. 736
29 831
132, 268
100, 512
133. 933
108, 975
163,417
148 750
142, 879
147,018
156, 551
173. 337
179, 359
197, 360
151, 504
170, 587
173, 326
193 115
182, 797
187 947
171,814
171,749
65, 827
63, 716
65. 438
59, 583
72, 470
69, 059
65, 146
70, 105
67, 600
72, 353
77, 358
77, 109
72,615
69, 870
73 376
80 651
69,241
74-339
10, 449
10, 211
11,293
11, 045
11,758
12, 219
11,858
13, 109
9. 593
9,177
10, 930
10, 422
11,635
12, 063
10, 996
833
846
1 038
1 052
1 114
1,176
3 016
2 719
2 836
2 699
3 277
do
do
do
do
do
do
392
596
847
2,772
923
214
455
536
976
2,564
903
178
980
1,257
2 894
1,311
1,156
1,060
2 555
do
13, 301
14,058
14 247
thous. of bbl_.
thous of bbl
do
do
103
108
111
107
109
109
110
91
101
r
CLAY PRODUCTS
Brick, unglazed:
Production
_
._ thous. of standard brickShipments
do
Price, wholesale, common, composite, f. o. b .plant
dol per thous
Clay sewer pipe, vitrified:
Production
short tons
Structural tile, unglazed:
Production
Shipments
do
do
r
563,909 ..
432 748
30 01«
P 30, 366
174,343
157 170
163 161
117 863
155,334
120,988
72, 165
73, 672
69 631
64,489
69 078
59 681
69, 419 '
11,234
12, 173
10, 557
10, 166
11,099 i
14, 361
ll f 194
11.147
9,845
11,332
9,581 !
1,217
1 852
1,746
1,348
931
1 057
853
3,226
3,093
4 749
3 013
3,271
2,955
3 410
2,717
1, 510
1. 282
1.167
2,491
1.230
1,161
GLASS PRODUCTS
Glass containers:
Production
(
j
thous. of gross
Shipments domestic, total
do
General-use food:
Warrow-neck food
do
Wide-mouth food (incl. packers' tumblers, jelly
glasses and fruit jars)
thous of gro^s
Beverage
Beer bottles
Liquor and wine
^Medicinal and toilet
Chemical household and industrial
Dairy products
Stocks end of month
853
854
Q97
201
1,070
1,097
2.399
930
195
14, 521
959
203
998
213
14 331
14. 327
972
2,196
915
212
14, 805
931
1, 145
1.144
3. 027
1 184
329
13.263
411
597
480
739 i
1. 203
2,669
1 015
329
13.040
thous of short tons
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
Uncalcined uses
short tons
Industrial uses
Building uses:
Plasters:
Base-coat
Lath
Wallboard
Allother O
653
2,333
877
2,589
1 327
2,871
2 025
2, 148
2 402
650 083
753, 092
761 . 999
do
73, 624
72, 338
72,174
do
395. 234
255 906
47(5. 667
312 123
511,104
357 9^5
683 3
1, 137. 4
44 3
724.4
1,157.4
55 8
771.3
1,175. 1
56.9
mil ofsq ft
do
^lo
_-_
708
730
1, 346
2,477
240
839
237
1,161
3, 106
13, 719
14, 123
12,700
f Revised.
v Preliminary.
cf Data for 1954 for production, shipments, and stocks have been revised. Unpublished revisions (for January-May) are available upon request.
©Comprises sheathing, formboard, tile, and laminated board.
471
589
1,486
2,791
I, 003
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
Production
_
54,220 i
920
240
!
._
_
612
584
964
2,691 i
962 ' _ _
198
13,995
SURVEY OF CURRENT BUSINESS
March 1050
S-39
1956
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
January
February
March
April
June
May
July
August
Septem- October Novem- December
ber
ber
January
February
TEXTILE PRODUCTS
APPAREL
Hosiery, shipments.
_ _
thous. of dozen pairs
Men's apparel, cuttings:^
Tailored garments:
Suits
thous of units
Overcoats and topcoats
_ do
Trousers (separate), dress and sport
- do-._
Shirts (woven fabrics), dress and sport
thous. of doz.Work clothing:
Dungarees and waistband overalls _ - . _do--Shirts
do
Women's, misses', juniors' outerwear, cuttings:
Coats
thous. of units
Dresses _ _
.
. __
_ _ _ _ _ _ _ _do _Suits
do
Waists blouses and shirts
thous of doz
r
12, 604
12, 969
1 848
296
5,712
1 816
288
4,944
14, 162
1
1
2, 065
!335
5, 940
12, 001
10, 713
1,636
1,816
J
5, 328
1
1
372
5, 856
12, 585
496
10, 260
13, 674
1, 945
i 550
5, 520
1 004
29°
3,696
1,856
564
5,088
14, 024
14, 236
14, 463
12, 198
12 713
i 1, 900
*605
5, 640
1 684
400
4,944
1,716
340
5,424
1 1 945
1
335
* 5, 160
5 280
i 1, 910
1,856
1,864
* 1, 890
1 924
M55
400
424
384
372
376
r l
335
1
328
408
1
1,840
1,876
i 2, 225
1,908
1, 744
1.865
1,356
1,708
352
300
388
300
M35
M15
416
360
424
360
M25
M10
304
324
452
360
2,187
20, 453
1, 773
1,248
2,110
20, 273
1, 756
1,289
2,896
28, 070
1,846
1,446
1, 146
29, 459
887
28,912
782
1 280
1,839
24. 548
1.040
1 286
2 170
17, 136
1 137
2 442
21, 188
2,564
19, 997
970
2,697
22, 950
1,424
1 236
1 055
1 084
2 684
20, 607
1 449
1 092
313
1 388
4 815
9 553
13 052
717, 227 i 874,837
737, 056
741,447
22, 827
22, 767
6,921
14, 515
1 331
158 741
18 295
31.2
880
1 358
1
930
994
1 876
272
390
1 985
18 589
1 640
.
? 384
22 230
1 916
1 063
789
COTTON
Cotton (exclusive of linters):
Production:
G inn ings §
thous. of running bales 3 13, 413
Crop estimate, equivalent 500-Ib. bales
thous. of bales
716,045
Consumption^
bales
Stocks in the United States, end of month, total!
thous. of bales - ' 16, 665
Domestic cotton, total
do
r 16,615
On farms and in transit
do
'1,328
Public storage arid compresses ... . _ . do
r 13,513
T
Consuming establishments
do
1, r 773
Foreign cotton, total.. _ _
. _. do.
50
Exports
bales
334 044
Imports
_ __ _
_ .
-do
16, 489
Prices (farm), American upland
cents per l b _ .
32.5
Prices, wholesale, middling, l5/i&", average 14 mar34 0
kets
cents per Ib
Cotton linters :f
r 124
Consumption
thous of bales
Production
_
.. __
_ . _.do_
187
Stocks, end of month
do
1, 831
* 13, 618
4 13, 696
720,591 1 893,238
15, 695
15, 586
1,075
12, 668
1,843
14, 469
14, 410
730
11,848
1, 832
695, 188
13, 558
13.492
556
11, 162
1,774
704 029 '849,413
12, 646
12, 575
500
10, 399
1,676
307, 456
16, 805
31.7
369, 241
28, 374
31.9
239, 330
16, 594
31.9
230, 690
12, 493
31.5
11. 520
11,449
273
9, 705
1,471
70
280, 923
9, 049
31.4
34.1
33.5
33.4
33.7
33.8
116
135
102
142
87
1,826
* 137
i 140
1,793
1,738
1,666
44, 123
7 683
47, 427
7,035
2, 594
64, 552
10, 940
47, 886
8,481
49, 821
9, 492
27 29
34.9
16.5
16.6
27.37
34.9
16.5
16.6
27.78
34.9
16.3
16.6
27.36
34. 9
16.0
16.5
.659
.931
.664
.947
.665
.947
20, 782
19, 282
9,934
20, 954
19, 429
10, 046
20, 892
19, 365
* 12, 400
109
r
r
166
58
66
71
1
565 834
2
1
3
14, 380
5 14 53Q
855, 447
746 996
5 14 713
76(), 590
20, 768
20, 708
1 476
17, 561
1 671
19,905
19,904
963
17, 203
1 678
61
13 704
11,121
11, 055
220
9,474
1,361
9* 875
32. 1
60, 438
7,379
32.7
116, 109
23, 730
33.8
191, 536
10, 516
32.8
21,745
21,688
3,584
16, 581
1 523
56
137 449
19, 234
32.4
30.7
31.0
33.7
33.6
33.0
32 9
33 6
33 7
34 1
35 9
127
51
141
67
157
216
155
235
1 418
156
207
153
1 397
i 142
1
206
1 431
27 37
65
co O ^ f j
22, 764
22, 703
11,801
9 729
1,173
61
22, 824
22, 777
9,818
11,782
1, 177
47
59
60
1,475
1,373
i 147
i 154
1 353
2, 455
41, 467
9.305
37 192
9 435
37, 097
9 922
2 405
42,051
12 755
49, 885
15, 750
42, 469
16 478
2, 636
38, 4309
15 87
26. 59
34.9
15.8
16., 3
26.34
34.9
16.0
16.1
26 65
34.9
16.3
16.1
27.21
35.4
16.3
16.9
28.91
36.4
16.4
17.3
29.78
36.4
16.6
17.5
30 24
36.4
17.5
17.8
31.08
36.4
18.0
18.1
31.26
P36.4
p 18.0
P18.3
.664
.945
.663
.945
.665
.949
.668
.955
.676
.968
.693
.978
.696
.984
.701
.984
.708
.988
p. 708
p. 988
20, 674
19, 160
9, 594
19, 824
18, 302
9, 678
19, 840
18, 335
i 11, 789
20, 708
19, 147
8,234
20, 735
20, 799
19, 136
19, 243
10, 088 i 12,287
20,902
19, 352
10, 150
508
9 393
143.0
20, 988
19, 440
11,848
20, 990
19 399
10,315
11,363
i 138. 0
20,883
19, 302
10, 290
515
9,512
144.9
10, 992
i 133. 3
9 577
146.6
70.3
29. 8
' 70.8
30.5
129
1
57
1, 559
16 498
1 725
61
1 434
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production, Quarterly
mil of linear yards
Exports
thous. of sq. vd
Imports
do
Prices, wholesale:
Mill margins
cents per Ib
Denim, white back, 28-inch, 8 oz/vd. cents per yd..
Print cloth, 39-inch, 68 x 72
do
Sheeting, class B, 40-inch, 48 x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2, carded, weaving-.
.dol. per lb__
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, total mil. of h r _ _
A verage per working day
,
_ _ . do
Consuming 100 percent cotton
do
Operations as percent of capacity c?
9. 184
138.0
511
9,299
140.1
65. 8
35 4
67.9
33.0
497
496
i 11, 485
1
138. 5
488
8,854
134.6
484
8,937
135.7
1
10, 867
i 132. 3
433
7,546
115.7
504
9,293
141.4
69.9
30. 6
65.4
27 5
72. 7
33.2
481
1
455
1
1
474
516
RAYON AND ACETATE AND MFS.
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 lb__
Prices, wholesale, viscose, f. o. b. shipping point:
Filament, 150 denier
dol. per lb__
Staple, 1.5 denierO
- -_.do__ _
Rayon and acetate broad-woven goods, production,
quarterly total
... _ _ . thous. of linear yards.-
83.9
39. 1
77.5
' 33 1
" 70. 5
30 1
r
55. 5
28.6
11,906
50.4
25.8
11, 356
44.3
22 2
17, 734
39.3
22 1
18, 604
40. 1
21 0
18, 800
43. 5
20 5
17.904
46. 3
25.6
17,473
44.9
24.5
17,029
' 47.6
25.8
13, 057
48.6
28.9
11,924
.780
.336
.780
.336
.830
.336
.830
.336
.830
.336
.830
.336
.830
.336
.830
.336
.830
.336
.830
.336
469, 853
478, 901
r
69.9
35 9
r
49.
T
5
29. 1
9,871
. 830
.326
' 454, 082
70.8
' 31 2
52.2
34 2
9, 432
.830
.326
r
78 0
35 9
70 5
33 7
49 0
34 2
46 1
36 0
p .830
p .326
478, 920
SILK
Silk, raw:
Imports
thous of Ib
Price, wholesale, white, Japanese, 20/22 denier, 87%
(AA), f. o. b. warehouse
dol. per lb._
1 400
812
879
585
658
492
505
997
1 211
1,058
1,259
1 098
4.61
4.53
4.46
4.56
4. 58
4.60
4.76
4.85
4.75
4.58
4.43
4.42
P4.41
WOOL
i
Consumption, mill (clean basis) \\
r
23,142 i 1 25 896
22, 725 1 27 121
22 722
23 495 1 27, 041
20 682
22,990
22, 643 r l 26 005
21 335
Apparel class
thous of Ib
24 383
r
10, 509 1 13, 242
10, 195 1 12, 676
10, 183
10, 217
10, 336 1 11.260
6, 637
11,890
11,566 r 113, 866
12, 851
Carpet class
do
r
2
3
Revised.
T>
Preliminary.
*
Data
cover
a
5-week
period.
Ginnings
to
December
13.
Ginnings
to
January
16.
*
Total
ginnings
of
1954
crop.
5
Total ginnings of 1955 crop; preliminary estimate.
5Data for March, June, September, and December 1955 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles are for end of period covered.
§Total ginnings to end of month indicated.
c"The operation rate is calculated on a 5-day, 80-hour week without any adjustment for holidays.
0Quotations beginning August 1955 not strictly comparable with earlier data.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS
March 1956
1955
January
February
March
April
May
June
19-T6
July
August
Septem- October Novem- December
ber
ber
Janu-
Febru-
ary
ary
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES— Continued
Wool imports, clean content _ _
_ thous. of Ib
Apparel class (dutiable), clean content
do. _
Wool prices, wholesale, raw, Boston:
Territory, 64s, 70s, 80s, clean basis
dol. per lb._
B right fleece, 56s-58s, clean basis
_ . . do _
Australian, 64s, 70s, good topmaking, clean basis, in
bond
dol. per Ib
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price
dol. per Ib
Woolen and worsted woven goods, except woven
felts:
Production quarterly total
thous oflin. yd
Apparel fabrics, tctal
do
Government orders
do
Other than Government orders, total
do
J^Ten's and boys'
do
Women's and children's
do
Nonapparel fabrics total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel men's and boys'
1947-49=100
Garbardine women's and children's
do
19, 666
12, CC6
17 956
9,313
26 938
13, 071
23 703
11,565
23 578
11,688
22 999
10, 331
22 876
9,517
24,012
9,855
19, 406
7,729
21,117
8,341
17, 943
9.588
17 602
8, 754
1.550
1. 146
1.556
1. 191
1.535
1. 138
1.495
1.095
1.475
1.072
1.435
1.066
1.425
1.086
1. 385
1.069
1.325
1.020
1.300
999
1. 275
.992
1 . 298
1.029
1.525
1.475
1.475
1.475
1.475
1.475
1.475
1.395
1.275
1 262
1.225
1.928
1.916
1.916
1.879
1.867
1.867
1.867
1. 844
1.844
1.819
1.819
112.1
103.6
112.1
97.3
73 764
69, 564
1 105
68, 459
36 377
32, 082
84 266
80, 296
2 769
77, 527
37 856
39, 671
4,200
2 815
1,385
3,970
2,969
1,001
112.1
97.3
112.1
97.3
112.9
97.3
112.9
97.3
r
r
112.9
97.3
1.316
1 064
1.321
1 078
1. 225
1 300
v 1 325
1.819
p 1 844
75 893
72, SI 7
1 434
r
71
3V 3
r
32
256
T
39, 127
76 647
72, 833
1 147
71 , 6 6
33 599
3S 0 7
3,
076
0
111
965
3,814
2 6~9
1, 125
112.9
97.3
112.9
97.3
112.9
97.3
112.9
97.3
112.9
97.3
112 9
97.3
241
757.0
132
341
696.4
132
345
658.1
188
337
447 8
116
T
485
646.8
110
p 537
p 985. 6
716, 163 559, 962
434
223
410
198
620, 610 467, 845
602, 959 459, 073
95, 119
91, 894
80, 077 76, 851
601, 256
469
385
505, 177
491, 893
95, 610
81, 390
TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft (complete) shipments
Air frame welsh t
Exportscf
number
thous. of Ib
-- .number. _
350
859. 2
83
357
962.9
115
478
1, 032. 1
162
438
762. 5
111
486
1, 139 2
185
538
1, 211.
1,
211. 9
175
354
932.5
201
725, 379
190
185
635, 513
611,040
89, 676
73, 947
744, 942
176
148
677, 705
648, 616
67, 061
55, 253
894, 597
325
267
791, 280
765, 663
102, 992
86, 060
881, 840
519
501
753, 434
727, 907
127, 887
110, 176
849, 393
313
266
721, 139
697, 471
127, 941
108, 362
767, 182
767,
309
237
647, 658
647,
629, 185
629,
119, 215
119,
101, 625
101,
768, 621
296
256
658, 736
643, 402
109, 589
93, 739
38, 642
21, 670
16, 972
36, 271
23, 256
13,015
37, 136
24, 136
13, 000
40, 607
23, 000
17, 607
35, 293
19, 343
15, 950
33, 458
33,
17, 381
17,
16, 077
16,
30, 903
15, 181
15, 722
30, 382
15, 207
15, 175
23, 166
9,769
13, 397
22, 729
8, 759
13, 970
30, 396
17 878
12,518
37,876
22 4V1
15,395
4,750
4,602
2,849
148
5,226
5,029
3,091
197
6,402
6, 140
3,739
262
6,360
6,068
3,704
292
6,336
6,034
3,843
302
7 368
7,368
7,082
4,491
286
5 989
5,799
3,593
190
7 254
7,050
4,483
205
7 161
6 943
4,299
218
6, 948
6,740
4,241
208
7 151
6 941
4,727
210
6 909
6, 663
4,438
246
440, 024
62, 231
476, 584
56, 242
636, 534
64, 732
651, 855
79, 071
661, 304
82, 086
2,014
1,605
1,605
409
2,603
2, 063
1,913
540
3,133
2,308
2, ('68
765
3,075
1,989
1,664
1,086
4,320
2,675
2,438
1,645
3,057
1,732
1,690
1,325
2,968
1,954
1,284
1,014
5,029
3, 187
1, 935
1,842
3,965
2,392
1,708
1,573
4,233
2,856
2,455
1,377
3,845
2,749
2, 331
1,096
3,814
2, 714
2,696
1,100
4,199
2, 9S1
2, 9S1
1,218
4,883
3,154
3,152
1,729
761
693
40
18
725
672
36
21
953
918
45
27
920
896
36
25
1,024
1,007
49
41
1,001
982
55
48
993
977
39
33
952
937
45
42
594
583
355
350
433
424
206
204
399
390
38
38
860
851
39
39
903
8S4
42
42
464
443
53
53
1,730
1,727
1,723
1,720
1,717
1,709
1,704
1,702
1,702
1,700
1,694
1,696
124
7.1
17, 096
6,981
10, 115
117
6.8
18, 001
6,240
11, 761
114
6.6
18, 193
6,235
11,958
110
6.4
17, 030
5,590
11, 440
103
6.0
27, 848
27,
15, 459
12, 389
12,
96
5.6
44, 622
23, 613
21, 009
94
5.5
50, 087
27, 201
22, 886
86
5.1
50, 642
28, 799
21, 843
80
4.7
57, 410
31, 294
26, 116
75
4.4
103. 685
46, 947
56, 738
71
4.2
135, 293
62, 996
72, 297
76
4.5
131,331
60, 1 12
71,219
1,298
16.1
1,215
15.7
1,247
16.5
1,186
16.2
1,204
16.7
1,228
17.4
1,105
16.5
1,048
16.1
1,016
16.1
1,013
16.4
997
16.8
1,074
18.6
835
MOTOR VEHICLES
Factory sales, total
Coaches total
Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
Exports, total
Passenger cars
Trucks and buses
-
_ _ __ ._ _. _ _ _
Truck trailers, production, total
Complete trailers
Vans
Trailer chassis _ _
Registrations:
New passenger cars
New commercial cars
.number
do
-- -do..
do
__ __ _
do
do
- - do
do
do
do
_ . _ , do
do
do
dodo
do
_ _
681 372 647 245
681,
90, 005
90,
005 84, 413
658 964 654 532
92, 079 89, 924
860, 800 r 799,092 690, 253
?53
359
410
406
242
340
745, 993 rr 695.096 591,032
720, 667 667,974 569, 846
114,448 rr 103, 5' 0 9%96S
83, 752
88, 345 86, 921
576, 045 509 155
87, 262 75 756
1
554, 700
1
101, 600
6 233
6 085
3,824
148
630 4q£ 431,648
93, 733 66, 141
RAILWAY EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
__ _ _ number
Equipment manufacturers, total _ _ _ _ _ do
Domestic
_
.
do
Railroad shops, domestic
do
Passenger cars, equipment manufacturers:
Orders unfilled, end of month, total
_ do
Domestic
do
Shipments, total _
_
- _ _ do
Domestic
-do
Association of American Railroads:
Freight cars (class I), end of month :§
1,733
Number owned O
thousands
Undergoing or awaiting classified repairs
121
thousands ._
7.0
Percent of total owned
16, 970
Orders, unfilled©
_ _ _ number
7,248
Equipment manufacturers
do
9,722
Railroad shops
do
Locomotives (class I), end of month:©
Steam, undergoing or awaiting classified repairs
number. . 1,290
15.6
Percent of total on line
Diesel-electric and electric: Orders, unfilled
472
number of power units-Exports of locomotives, total- .
__ . number.
455
428
360
385
470
467
704
816
876
906
854
28
42
45
49
38
22
59
45
23
40
62
29
387
342
444
359
507
425
476
406
678
833
578
533
521
455
506
346
670
441
650
449
636
441
638
520
570
409
1,449
1,652
1,808
1,647
3,926
2,188
2,
188
1,961
2,163
2,463
2,569
2,684
2,333
1,777
INDUSTRIAL TRUCKS AND TRACTORS
Trucks, electric, shipments:
Hand (motorized)* ..
nurnber..
Rider-type
do
Trucks and tractors, gasoline-powered, shipments*
number. -
r
Revised.
» Preliminary.
1 Preliminary estimate of production based on Ward's Automotive Reports. Production for preceding month: 611,200 passenger cars; 105,900 trucks.
(^Exports revised beginning January 1954 to include 2 types of aircraft formerly classified as "special category" and therefore excluded from the total.
§ Excludes railroad-owned private "refrigerator cars.
O Data begi miag December 1955 reflect reclassification of reporting roads to revised I. C. C. list of Class I line-haul railroads;
comparability with earlier data, based on ownership, is affected by less than 1 percent.
*New series. Data prior to January 1955 are not available.
U. S. G O V E R N M E N T P R I N T I N G O F F I C E : 1956
-INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Acids
_
24
Advertising
8, 9
Agricultural employment
11
Agricultural loans and foreign trade
16, 17, 21, 22
Aircraft and parts
2, 12, 13, 14, 15,40
Airline operations
23
Alcohol, denatured and ethyl
24
Alcoholic beverages
2, 6, 8, 27
Aluminum
33
Animal fats, greases, and oils
25
Anthracite
11, 13, 14, 15,34
Apparel
2, 3, 6, 8, 9, 10, 12, 13, 14,15, 39
Asphalt and asphalt products
36
Automobiles
2, 3, 8, 9, 12, 13, 14, 15,16, 17, 22, 40
Pages marked S
Foreclosures, real estate
8
Foreign trade indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups..
,. 21,22
Foundry equipment
_,
,_
34
Freight carloadings
...
„_„__„__
23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables
5, 6, 22, 28
Fuel oil
....
_.
35
Fuels
6,34,35
Furnaces
_.
34
Furniture
2,3,6,9, 10, 12, 14, 15,17
Furs
___„„_
22
Bakery products
2, 12, 13, 14, 15
Balance of payments
,
_21
Banking
14, 16
Barley
28
Barrels and drums
32
Battery shipments
34
Beef and veal
29
Beverages
2,6,8, 12, 13, 14, 15, 27
Bituminous coal
11, 13, 14, 15, 35
Blast furnaces, steel works, etc
12, 14, 15
Blowers and fans
34
Bonds, issues, prices, sales, yields
17,19, 20
Book publication
37
Brass and bronze
33
Brick
___.
38
Brokers' loans and balances
16,19
Building and construction materials
8, 9, 10
Building costs
7, 8
Business incorporations, new _ .
5
Business sales and inventories
3
Butter
27
Gas, prices, customers, sales, revenues
.
6, 27
Gasoline
... 9, 36
Glass products
,
38
Generators and motors, _ _ _
.
34
Glycerin _
24
Gold
_ _ _ _ 18
Grains and products.
5,6, 22, 23, 28, 29
Grocery stores
9,10
Gross national product.
1
Gross private domestic investment
1
Gypsum and products
, _ 6, 38
Cans (metal), closures, crowns
32
Carloadings
23
Cattle and calves
29
Cement and concrete products
6, 38
Cereals and bakery products
6,12,13, 14, 15
Chain-store sales (11 stores and over only)
10
Cheese
.
.
27
Chemicals
2,3,4,6,12,13,14,15,19,22,24
Cigarettes and cigars
6, 30
Civilian employees, Federal
12
Clay products (see also Stone, clay, etc.)
6, 38
Coal.
3, 6,11,13,14,15, 22, 23, 34, 35
Cocoa.
22, 29
CofFee___
22,30
Coke
.
23,35
Commercial and industrial failures
5
Communications
„ 11, 13, 14, 15, 19, 20, 24
Confectionery, sales
29
Construction:
Contracts awarded
7
Costs
7, 8
Dwelling units
7
Employment, earnings, hours, wage rates.- 11,
13,14,15
Highways and roads
7, 8,15
New construction, dollar value
1,7
Consumer credit
16,17
Consumer durables output, index
_,
3
Consumer expenditures
1, 9
Consumer price index
6
Copper
.
22, 33
Copra and coconut oil
25
Corn
_.
28
Cost-of-living index (see Consumer price
index)
6
Cotton, raw and manufactures
2, 5, 6, 22, 39
Cottonseed, cake and meal, oil___.
25
Credit, short- and intermediate-term
16, 17
Crops
2,5,26,28,30,39
Crude oil and natural gas
3
Currency in circulation
18
Dairy products
2,5,6,12,13,14,15,27
Debits, bank
. 16
Debt, United States Government
17
Department stores
9, 10, 11, 17
Deposits, bank
16, 18
Disputes, industrial
13
Distilled spirits
27
Dividend payments, rates, and yields
1, 18, 19, 20
Drug-store sales
9, 10
Dwelling units, new. _ _ _
___ ,
7
Earnings, weekly and hourly
14, 15
Eating and drinking places
9, 10
Eggs and poultry
2, 5, 29
Electric power
6, 26
Electrical machinery and equipment
2,
3,6,12,13,14,15,19,22,34
Employment estimates and indexes
11, 12
Employment Service activities
13
Engineering construction
7,8
Expenditures, United States Government
17
Explosives
:
25
Exports (see also individual commodities)
21, 22
Express operations
23
Failures, industrial and commercial
5
Farm income, marketings, and prices,
1, 2, 5, 6
Farm wages
15
Fats and oils, greases
6, 25, 26
Federal Government
finance
17
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks. _ _ _
16
Fertilizers
6, 25
Fiber products
34
Fire losses
8
Fish oils and
fish
25, 30
Flaxseed
...
__
26
Flooring
31
Flour, wheat
29
Food products
2,3, 4, 5, 6,
8, 9,10,12,13,14,15,18, 22, 27, 28, 29, 30
Hardware stores
6,9
Heating apparatus.
~
34
Hides and skins
,__
___.
6, 22,30
Highways and roads
. _ _ _ _ 7, 8,15
Hogs
.
,
...
29
Home Loan banks, loans outstanding
,_
8
Home mortgages _ .
__
8
Hosiery
...
39
Hotels_____-----— _ 11,13,14,15, 24
Hours of work per week
.__ 12,13
Housefurnishings
6, 8, 9,10
Household appliances and radios
3, 6, 9, 34
Imports (see also individual commodities)
21, 22
Income, personal
1
Income and employment tax receipts
17
Industrial production indexes
2,3
Installment credit
... 16, 17
Installment sales, department stores
10
Instruments and related products. 2, 3, 12, 13,14,15
Insulating materials
34
nsurance, life
—
18
nterest and money rates
._
16
nternational transactions of the U. S
21,22
nventories, manufacturers' and trade
3, 4,10
ron and steel, crude and manufactures
.
2,
6,8,12,14,15,19,22,32,33
Kerosene
,
.
35
Labor disputes, turnover
Labor force
Lamb and mutton
Lard
Lead
Leather and products
13
11
29
29
_.
33
.
2,
__
3,6,12,13,14,15, 30,31
26
Linseed oil
Livestock
2, 5, 6, 23, 29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
8,16, 17, 19
40
Locomotives
36
Lubricants
.
. _ _.
2,
Lumber and products
3,4,6,8,9,10,12,14,15, 18, 31, 32
Machine activity, cotton
_. _
39
34
Machine tools
Machinery
2, 3, 4, 5, 6, 12,14, 15, 19, 22,34
8
Magazine advertising
...
,.
Mail-order houses, sales
11
Manufacturers' sales, inventories, orders.__._ 3, 4, 5
Manufacturing production indexes
2,3
Manufacturing production workers, employment, payrolls, hours, wages
11,12,13, 14, 15
26
Margarine
Meats and meat packing
2, 5, 6, 12, 13, 14, 15, 29
6
Medical and personal care
Metals
2, 3, 4, 5, 6,11,12, 13, 14, 15, 19, 32, 33
24
Methanol
27
Milk
Minerals and mining.2, 3, 11, 13, 14, 15, 19, 20
18
Monetary statistics
.
18
Money supply
.. .
Mortgage loans
,
8, 16, 18
23
Motor carriers
36
Motor fuel
Motor vehicles
6, 9, 19,40
34
Motors, electrical
National income and product ________ _______ 1
National parks, visitors ____ _______________ _
24
National security _____________ _ ---- _ ------ 1, 17
Newspaper advertising______ :________. ________ 8, 9
Newsprint_____________________ _________ -- 22,37
New York Stock Exchange, selected data ____ 19, 20
Nonferrous metals _________ 2, 6, 12, 14, 15, 19, 22, 33
Noninstallment credit ____ ___ ______________ 17
Oats ______________ _ _ _ _ _ _ _________ _ _______ 28
Oil burners __________ ...... - _________ ----- 34
Oils and fats, greases___ ..... __________ _ _ 6, 25, 26
Orders, new and unfilled, manufacturers' _____ 5
Ordnance _________ ......... _ - - _ ____ 11, 12, 14, 15
Paint and paint materials __________________ 6, 26
Panama Canal traffic______________. ------- 23
Paper and products and pulp ________________ 2
3,4,6,12,13,14,15,18,36,37
Passports issued __________ _______________ _
24
Payrolls, indexes ____________________ ------ 12
Personal consumption expenditures ------ , ____ 1,9
Personal income __________________________ 1
Personal saving and disposable income ______ 1
PagesmmrkedS
Petroleum and products..^.*...,.....wi.^L*^
2,
^ .
3, 6, 12, 13, 14, IS, If, 22, 35, 36
Pig iron
_
..*..f.^..._^.»U-;..,
32
Plant and equipment «_qpandttttufc.u'*..*-*,...* •*J> t J.9
Plastics and jretin materials—_...-„..*,,.»._„..,
'2£
Plywood..,.
...,..i $2
Population...,
.
^..-.. ..._.,;
11
Pork
,„_,
i
29
Postal savings
.
...... ...... 16
Poultry and eggs
__.!
«... r2, 5, 29
Prices (see also individual commodities):
Consumer price index....
..*..; ....
6
Received and paid by farmers. . . ...r .. .*.
5
Retail price indexes
J....
6
Wholesale price indexes..
...^
......
6
Printing and publishing
2,3,12,13,14,15,37
Profits, corporation
.....^ 1,18,19
Public utilities
_........:_.. 2,«,
7,11,13,14,15,18,19,20, 26,27
Pullman Company..
,..*'.,...' 24
Pulp and pulpwood
>....—
36
Pumps
_
,...«
34
Purchasing power of the dollar
.....
6
Radiators and convectors
_„.,:
34
Radio and television
., 3,6,8, 34
Railroads
2,11.12,13,14, IS, 19, 20,23,40
Railways (local) and bus Ones
. II, 13,14,15, 23
Rayon and rayon manufactures—,.......,-,.,
39
Real estate
8/16,18,19
Receipts, United States Ctovernme.it.,-.-,....
17
Recreation
__.._<
.......*.
6
Refrigeration appliances, output.......*....
34
Rents (housing), index
,
...,.*.
6
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores..... 3,5,9,10,11, 1$, 14,1$, 17
Rice
w—,.,*.
28
Roofing and siding, asphalt
.
~-..36
Rubber (natural, synthetic, and reclaimed),
tires and tubes....
....v6,2$,37,38
Rubber products industry, production index,
sales, inventories, prices, employment, payrolls, hours, earnings
2, 3,4,6,12,13,14,15
Rye
28
Saving, personal..............—..........—
1
Savings deposits
...... 16
Securities issued
;.,
.
-.
w
19
Services
1,9, ll f 13,14, IS
Sewer pipe, day
......
...........J 38
Sheep and lambs
.......
. 29
Ship and boat building
12,13,14,15
Shoes and other footwear... 6,9,10,12. U, 14,15,31
Shortening
*.
......
26
Silk, prices, imports
.......
... 0,39
Silver
.
.
..—,_
18
Soybeans and soybean oil...
-_-._.
26
Spindle activity, cotton
39
Steel ingots and steel manufactures (see also
Iron and steel)
-,'£„-_._.. 2,32,33
Steel scrap
.
....;_,.....*.
321
Stocks, department stores (see also Inventories)
u,
-;•--,
11
Stocks, dividends, prices, sales, yields, listings.
20
Stone and earth minerals. __
.........,.._,
3
Stone, clay, and glass products
__________
2,
a5,19,38
Stoves.
22,30
25
24
Sulfuric acid
Superphosphate.,
• 25
Tea
L
..
-.
30
Telephone, telegraph, cable, and radio-tdegraph carriers
....—,. 11* 1$» 14,15, 20, 24
Television and radio
............ 3,6,8,34
Textiles
-.U 2,3,
4,6,12,13,14,1$»1«. 22* 39,40
Tile
..„
*.......,.*- , 38
Tin..
.
:....* 22,33
Tires and inner tubes
6,9,10,12,13,14,15,38
Tobacco
2,3,4, 5, 6,8,12,13,14; IS, 22,30
Tools, machine,
. ...
..... 34
Tractors
'
..'—,...._.„ • -'34
Trade, retail and wholesale
._,._...*.. , 3,
5,9,10,11,13, l%15,17
Transit lines, Jocal
.
..*.*..,. 4, _,.,.v.
23
Transportation and transportation equipment _
2,
3,4,5, 6,9,11,12,13,14,15,19,23,40
Travel
....^U...
24
Truck trailers
.
.....
,.'«,_,,_._,
40
Trucks
_
..'... 2,40
Unemployment and compensation...-^..-.._ 11,13
United States Government bonds__._, 16,18,19, 20
United States Government finance _ . . _ - - . _ < 17
Utilities
..I......".*/. - f- 3,
6,7,11,13, Myif, It; 20,26V 27
Vacuum cleaners—_,„—,..
L..—,...»^-»
34
Variety stores
..-..*.,**,....../ 9,10
Vegetable oils
.,V*'25, 26*
Vegetables and fruits
„*„. 5;&22,28
Vessels cleared in foreign trade...
-_.,...
23
Veterans' benefits
-..........^..^.-1. 13,, 17
Wages and salaries
.....«....lto: 1,14,15
Washers
.-„-,*.
34
Water heaters
.........;..'**..
34
Wax_
......I.. • 36
Wheat and wheat
flour.........^.^..->.;..-,
28,29
Wholesale price indexes
...^........^..
6
Wholesale trade..
3, S* J|, 13,14,15
Wood pulp
.......*^^....*,
36
Wool and wool manufactures. .
2,5, 6,22,39,40
..inc.
33
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