Full text of Survey of Current Business : March 1958
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MARCH
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1958
§UItVE¥
OF CURRENT
RUSINESS
U. S. DEPARTMENT OF COMMERCE
FIELD SERVICE
Albuquerque, N. Mex.
321 Post Office Bldg,
Tel. 7-0311
No. 3
MARCH 1958
Atlanta 3, Ga*
66LuekieSt. N 7 W>
JAckson 2-4121
Boston 9, Mass,
U. S. Post Office and
Courthouse Bldg*
Liberty 2-5600
Buffalo 3, N. Y.
117 Ellicott St.
MAdison 4216
THE BUSINESS SITUATION.
Business Sales and Inventories
Employment and E a r n i n g s . . . . . . , . . ,
*
*
PAGI:
1
3
..
5
*
SPECIAL ARTICLES
The 1958 Business Expectations S u r v e y . . . . . . . . . . . . . . . . .
7
Manufacturers' Programs
........
7
Nonmanufacturing Investment
9
Realization of 1957 Anticipations. . . . . . . . . . . . . . . . . . . . . 10
Sales Anticipations
10
The Composition of Investment—
Work-in-Progress and the Initiation of New Projects.. 12
Readjustments Mark Balance of Payments in Fourth
Quarter 1957
13
Outflow of U. S. Funds Remained Steady
Receipts Lower but Further Adjustments Expected. *.
*
*
MONTHLY BUSINESS STATISTICS
Revised Series
Statistical Index
14
15
Cheyenne, Wyo.
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Tel. 8-8931
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442 U. S. Post Offiea
and Courthouse
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E.6th St. & Superior Ava.
CHerry 1-7900
Dallas 1, Tex,
500 South Ervay St.
Riverside 8-5611
Denver 2, Colo*
19th & Stout Si,
KEystone 4-4151
Detroit 26, Mich.
438 Federal BIdg 8
WOodward 3-9330
*
S-l to S-40
20
Inside back cover
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Seattle 4, Wash,
909 First Ave.
MUtual 3300
MARCH 1958
nation
tioi
By the Office of Business Economics
B,
Business Capital Investment
• Record 1957 outlays — $37 billion
• Anticipated 1958 outlays — $32 billion
Billion Dollars
40
N jMMtttttt
1
30
*
•
'•'
1K
20
<:
10
1953
54
55
56
Flow of purchasing power
57
58
58*
• All industries except public utilities
expect reductions from 1957
-40
Percent Change, 1957 to 1958
-20
0
+ 20
Monufocturihg
Transportation
raft
* Half-yearly totals, seasonally adjusted, at annual rates
D a t a : SEC 8 QBE
U. S. Department of Commerce, Office of Business Economics
457289°—58
BUSINESS activity has continued to decline from the
record volume reached in the third quarter of 1957. Most
broad types of demand have experienced some reduction,
but the major impact has been on durable goods of both
producer and consumer types. With the fall in final demand
for consumption and investment goods—and with supplies
of materials and merchandise freely available—business has
reduced inventories. As a result of these changes, industrial
output and employment have moved lower in the initial
months of the current year.
Consumer buying of nondurable goods and services has
been relatively strong, though some shifts have occurred in
the products being purchased. State and local government
outlays continue on an upward trend and, while Federal
outlays so far this year have shown little change from the
rate in the closing months of 1957, a higher volume of new
order placement for defense purposes has been announced
for the first half of 1958. These new commitments are
expected to be considerably above the total placed in the
second half of 1957. The President announced in March a
program designed to accelerate other Federal programs
currently underway, and asked for legislative authority to
initiate other income-stimulating projects.
5 8- 5 -I
The trend of economic activity on a monthly basis may be
viewed comprehensively in terms of personal income. This
indicator of consumer purchasing power has moved downward since last summer, and the latest figure for February,
at a seasonally adjusted annual rate of $342 billion, was off
by $2 billion from the preceding month and was $3 billion
above a year ago. Wages and salaries accounted for the
January to February drop, with the major change arising
from industrial operations.
Personal income in February was 1% percent below the
record August-September rate. It was above a year ago in
dollars, but not in purchasing power, since the rise in dollar
income was more than offset by the increase in prices. Most
of the reduction since the midsummer of 1957 has been in
the commodity-producing industries. A part of the payroll
decrease was offset, however, by an increase in Government
payments to individuals, centering in unemployment benefits,
which have been rising steadily since midsummer. Together,
total payrolls and unemployment payments are down 2%
percent since last August.
Other personal income was relatively stable in February,
as it was in the immediately preceding months. Rental
income—reflecting a characteristic insensitiveness to shortrun variations in business activity—has changed little since
last summer; and interest income and transfer payments
other than unemployment benefits have risen further. Dividends held level in February, following the irregularity of
movement occasioned by the cut in year-end extras and
SUEVEY OF CURRENT BUSINESS
specials. Entrepreneurial earnings have declined moderately
during recent months.
The trends and shifts in employment are discussed in a
following section. There it is pointed out that nonagricultural employment was off again on a seasonally-adjusted
basis in February from January, with total employment
lower than a year ago by nearly 1% million. Unemployment
has increased more than seasonally during the winter months,
and is substantially higher than a year ago. The Census
Bureau reports that total unemployment has passed 5
million.
Retail sales
Coinciding with the movement of consumer income has
been the lessened inclination of consumers to incur new
obligations to purchase durable goods. This may be seen
in the sharp drop in automobile sales so far this year. The
recent slackening in consumer demand for large-ticket items
is also evident in furniture and appliance stores. The reduction within the automotive group reflects primarily the sharp
decline in consumer purchases of new passenger cars. The
number of cars bought in the first 2 months of 1958 was
roughly one-fourth below both the fourth quarter of 1957
and the comparable period a year ago. Dollar sales of parts,
accessories, and revenues from service and repair work were
generally well maintained.
Sales of nondurable-goods stores, on the other hand, held
firm in January and were only moderately lower in February
on the basis of preliminary estimates. They remained
higher than a year earlier.
Sales of all retail stores, seasonally adjusted, in the first
2 months of this year were below the December rate, with
February being adversely affected by severe weather conditions over a large area of the country.
Investment lowered
With the completion in early March of the OBE-SEC
survey of business programs for plant and equipment investment for 1958, a measure of the decline in this important
part of the economy becomes available. Compared with the
record outlays of $37 billion in 1957, businessmen plan to
spend $32 billion in the current year, a reduction of 13
percent. This latest report establishes the 1955-57 cyclical
high for such investment as the third quarter of last year.
The current trend means—aside from lessened on-site construction activities—lower demand for machinery, equipment and other goods which go to round out new facilities.
All industries, except public utilities, expect lower investment expenditures this year than in 1957.
Inventory liquidation—underway on a moderate scale in
the final 3 months of last year—accelerated in January.
Manufacturing stocks, as in recent months, showed the
largest drop—mostly in durables. Wholesalers' inventories
also declined from December to January but retail-store
stocks were little changed. At the end of January the book
value of manufacturing and trade inventories, at $89.3
billion, was $600 million above a year ago. Total business
sales in January were about 7 percent below a year earlier,
so that the stock-sales ratio rose correspondingly.
Demand for investment funds eases
The shift in the trend of capital expansion programs
coupled with continued liquidation of inventories has lowered
business requirements for working capital. This has resulted
in a more-than-seasonal reduction in loans. Banks reporting
weekly to the Federal Reserve showed a decline of $1.8 billion in business loans in the first 2 months of the year, about
double the liquidation in the same period last year when
economic activity in general was expanding.
March 1958
The Federal Reserve authorities have taken further action
to make bank funds more readily available. In late February,
commercial bank reserve requirements were cut moderately,
making additional funds available for credit expansion.
In early March Federal Reserve banks again cut the discount
rate. It now stands at 2% percent as compared with 3%
percent in effect early last fall.
Steps also have been taken recently by various Government
agencies to make more funds available for housing, and thus
to stimulate additional construction.
Lower down payments permitted by last year's housing
legislation provided easier financing terms to prospectivj|
buyers. In addition, more support was given to secondary
mortgage markets. Combined with the general softening of
money markets, this latter development has tended to
enlarge the supply of funds for new home financing under
Federally supported programs.
The volume of residential construction activity as evidenced by the trend of new starts from May through January
was upward from the early 1957 level. February starts were
down from this 8-month average volume, but it is not possible to attach any trend importance to a single month's
figure. Severe weather conditions may have been a retarding
influence.
Production trends
Industrial production declined through February and is
down about one-tenth since last summer. The durable goods
industries are off about 15 percent, as compared with more
moderate decreases for nondurables and minerals output.
Recent adjustments in industrial operations have followed
the general pattern which developed late in 1957. The sharp
cutbacks in the metal and metal-using industries have been
extended. Lesser but substantial reductions have continueji
in other durable goods industries, and in those nondurabm
goods industries producing mainly for industrial rather than
consumer markets. Production of consumer nondurable
goods has shown relatively small changes.
The steel industry in February and early March operated
near 55 percent of rated capacity. This rate reflects the
large capacity additions of 1957, as well as slackened demand
for steel products. The lowered output reflects a reduction
in consumption and, importantly, a shift from inventory
accumulation by users to inventory liquidation. Aggregate
steel production for the first two months of 1958 totaled 12.5
million tons, equivalent to an annual rate of 75 million tons
of steel ingots and castings.
In the automobile industry further cutbacks in assemblies
in January and February were forced by lagging retail sales,
and the growing stocks of new cars in dealers' hands. For
the month of February, assemblies totaled 466 thousand—
393 thousand cars and 73 thousand trucks—the lowest
monthly volume, aside from model changeover and strike
periods, since early 1952.
Food processing and sales remain at a high level. The
chemical and tobacco industries are doing relatively we]^
Prices firm
The consumer price index in January was up to about 122
percent of the 1947-49 base period, 1 percent above October,
and 3% percent higher than a year earlier. A number of
groups of com modi ties and services showed advances from
December to January, but higher food prices accounted for
most of the rise.
An advance in the comprehensive monthly wholesale price
index was the result of some improvement in farm products,
and a rise in processed foods. The recent increases have
centered in fresh fruits and vegetables, reflecting weather
damage to winter crops, and in livestock and meats, where
marketings have been reduced. The recent weekly price
SURVEY OF CURRENT BUSINESS
March 1958
measures of the Bureau of Labor Statistics suggest some
further rise in the food index, though perhaps less pronounced
than the move earlier this year.
New orders lead decline
Statistics of recent changes
The movement of some of the major business indicators is
given in the accompanying table. This presents data on the
broad indicators of income, total nonagricultural employment, prices, and consumer purchasing; on some of the more
sensitive indicators—industrial production, new orders, and
factory employment; and on current plant and equipment
outlays. The last item is analyzed in a special article in
this issue for the light it provides on the future trend of final
demand in this major segment of the economy.
Table 1.—Recent Changes in Major Business Indicators
1956
1957
Jan.- Aug.- Jan.Feb. Sept. Feb.
1957 1957 1958
Unit of
measure
Average
for year
Personal income, seasonally adjusted at annual
rates.
Nonagricultural employment, seasonally adjusted.
Factory
employment,
seasonally adjusted.
Factory hours worked
per week.
Industrial production index, seasonally adjusted.
Manufacturers' new orders, seasonally"ad jus ted.
Retail sales, seasonally
adjusted.
Plant and equipment
expenditures, seasonally adjusted at annual
rates.
Consumer price index
$Bil
markets such as food, beverage, and tobacco, sales have been
well maintained.
Percent
change,
Jan.-Feb.
1958 from—
Jan - Aug.~
(Average for period) Feb. Sept.
1957
1957
326.9 343.4 337. 3
347.2 342.7
1.6
-1.3
Mil..
51.9
52.5
52.5
52.8
51.5
— 1.9
—2.5
Mil
16.9
16.8
17.0
16.8
15.8
—7.1
-6.0
Number
40.4
39.8
40.2
40.0
38.6
-4.0
-3.5
144.0 132. 0
-9.6
-9.0
(1947-49 = 100). 143.0 143.0 146.0
The peak of sales for heavy-goods manufacturers followed by
2 months the high in new business—a somewhat shorter lead
than in the downturn of 1948 or 1953. As 1957 progressed,
civilian orders—particularly for capital goods—declined
further and defense contracts were curtailed substantially
during the summer. The institution of new defense programs
and the strengthening of others resulted in a pickup in
military contracts in November and December but failed
to offset the continuing reduction in the flow of new business
from other customers in that period.
In January, new business placed with heavy-goods producers dipped 7 percent to a seasonally adjusted rate onefourth smaller than a year ago. The decline, however,
was attributable in large part to a temporary lull in the
placement of defense contracts. Civilian orders fell more
moderately than in the latter months of 1957. Ordering
of primary metals and nonelectrical machinery continued at
December rates.
The maintenance of deliveries so far this year at higher
rates than the inflow of new orders has cut substantially
into the volume of unfilled orders on durable-goods manufacturers' books. By early 1958 unfilled orders for the
Durable Goods Manufacturers
* Experience drop in sales and new orders
*> Lower their inventories
$ Bil
28.3
27.3
28.9
26.9
24.2 — 16.3
— 10.0
$Bil
15.8
16.7
16.3
17.0
16.5
1.2
-3.0
$ Bil
35.1
37.0
36.9
37.8
34.0
-7.9
-10.1
120.9 122.3
3.5
1.2
(1947-49=100)- 116.2 120.2 118.2
Billion Dollars
6
ELECTRICAL MACHINERY
NOTE: Manufacturers' orders and consumer prices give January 1957-58 comparisons;
plant and equipment are quarterly data. The figures are those regularly published in the
S-page tables of the SURVEY.
Business Sales and Inventories
Sales of manufacturing and trade firms declined more than
seasonally in the opening weeks of 1958. Shipments by both
roducers and wholesalers are down about one-tenth from
anuary of last year. Retail sales moved up to a peak in
midsummer and then eased; by February dollar sales were
not too different from the year-ago rate. With overall prices
equal to or higher than early 1957, sales to a varying degree
reflect lowered volumes.
The reduced rates of business activity have been felt most
in durable-goods markets—in producers' and defense goods
and in automobiles and other consumer durables. Customers of durable-goods factories and wholesalers have reduced
their buying more sharply than have nondurable-goods purchasers. Declines in January were general throughout the
durable-goods industries, though basic materials producers
have experienced the sharpest relative contractions in dollar
sales. As can be seen in the table, the value of shipments
by hard-goods producers early this year were 15 percent
under their record high a year ago.
The comparable decline for nondurables was 9 percent.
To some extent this sales performance is adversely affected
by the abnormally high oil exports during the Suez incident
last year, but shipments of industrial chemicals and rubber
products have been substantially reduced. In consumer
P
0
10
TRANSPORTATION EQUIPMENT
< I N C l _ . MOTOR V E H I C L E S )
NONELECTRICAL
MACHINERY
\\ &
1956
1957
1958
S E A S O N A L L Y
1956
1957
ADJUSTED
U. S. Department of Commerce, Office of Business Economics
1958
SUKVEY OF CURRENT BUSINESS
durable-goods group as a whole were the equivalent of 3.7
months as against 4.3 months a year ago.
Inventory liquidation underway
The sizable declines in business sales and orders acted as
powerful influences on management policy—especially with
respect to inventory control; a shift in inventory policy was
initiated by most firms early in 1957. The ensuing slowdown in inventory growth during the first three quarters
of last year was followed by a movement over a considerable
ortion of industry to reduce inventories to bring them in
ne with lower sales and to improve the liquidity of business
concerns.
Book values of factory and trade inventories were pared
by $300 million in December following a $200 million decline
in the October-November period. In January a more
substantial reduction was effected when stocks declined
$650 million. Five-sixths of the January reduction and an
even larger proportion of the liquidation since the high in
book values last August (when book values were at their
high) occurred in durable-goods manufacturing, although
these producers stock-sales ratios rose during this period
from 2.2 months to 2.4 months of Januar}^ sales.
Soft-goods manufacturers, as well as wholesale and retail
firms, have been buying cautiously in the past year.
However, there has been a substantial overall stabilit}7 in book
values in these lines.
Manufacturers' inventories of consumer-oriented items,
such as food, beverages, tobacco, and some textiles have
been reduced in recent months. In contrast, book-value
inventories of chemical, petroleum, and rubber companies
have been stable or rising, and were well above their yearago totals at the end of January.
At retail, changes in stocks of automotive dealers have
undergone some relatively sharp quarter-to-quarter fluctuations. In January book values of such inventories were $700
million higher than 1957, an amount about equal to the rise
in total manufacturing and trade book values. Nonautomotive retail firms had reduced stocks slightly at the end of
January as compared to a year ago. The volume of goods
in stock had also been reduced relative to the current flow
of sales.
E
Finished goods reduced in January
Stocks of finished goods inventories held by durable-goods
manufacturers rose throughout 1957, and probably included
some involuntary inventory accumulation during a period of
declining sales. In fact, the increase in shipping stocks had
exceeded the rise in total inventories last year. In January
1958, finished goods inventories were liquidated to the extent
of $200 million—the first such decline in 2 years. To some
degree the higher holdings of finished goods stocks results
from the conservative buying policies of distributors: the
producer must carry some goods normally stocked by retail
and wholesale outlets.
Thus, the reduction of stocks until January had been in
those areas most directly under control of management—i. e.,
working stocks. Purchased materials of durable-goods producers were reduced by some $300 million in 1957, while
goods-in-process showed only a minor change in book values;
these stocks rose $3 billion in 1956. During January,
working stocks were further reduced, but with most of the
liquidation occurring in goods-in-process.
Industry trends
The sales, orders, and inventory trends characteristic of
the durable-goods group as a whole were widespread among
March
the component industries though with important difference
in timing and magnitude, as can be seen in the chart. Th
smallest impact of the business downturn to date appears t
have been in the electrical machinery industry. For th
group as a whole, orders and sales were well maintained unti
late 1957—though December and January shipments hav<
shown declines. New orders have declined more sharpb
than sales in recent months, but stocks have been reducec
below their year-ago level.
Within the electrical machinery group, radio-televisionelectronics producers recorded larger orders in 1957 than in
1956 and their sales showed some signs of improvement in
early 1958. Generating and transmission equipment companies showed strength in sales and orders in early 1957.
Some slippage occurred later in the year; however, the capital
spending programs of electric power companies in 1958
reported in this Survey indicate that the latter will be higher
than in 1957.
Nonelectrical machinery sales had held up well during the
first part of 1957 but declined rather rapidly
thereafter and
this winter were 13 percent below a }7ear ago. New orders
began easing in the latter part of 1956 and declined substantially last year—reflecting the large cuts in orders for
machine tools and other types of metal-working machinery.
New orders for nonelectrical machinery firms as a group held
at the December rate.
Inventory book values for the group have been reduced
rather slowly and at the end of January were only slightly
below the year-ago total, as the liquidation of working stocks
barely offset the rise in shipping stocks. The moderate
inventory adjustment combined with the sizable declines in
sales raised the recent stock-sales ratio to 2.9 months compared with 2.5 months last January.
Sales and new orders of transportation equipment producers have declined relatively more over the past year than
have those of machinery firms (see chart). While both
motor vehicle and other transportation equipment companies
have shared in the one-fourth decline in new orders, most of
the sales reduction is attributable to the motor vehicle sector.
Although motor vehicle operations have continued downward, there has been a sizable increase this winter in the
placement of defense orders with aircraft companies. A
Table 2.—Manufacturers' Sales, Orders, and Inventories
Changes, January 1957 to January 1958
Sales
New
orders
(Percent)
Unfilled
orders
Inventories
(Billons of dollars)
All manufacturing
-12
-16
-15.0
Durable goods
-15
-25
-14.5
0)
-21
-29
-13
-9
-32
-35
-19
-25
-2.0
-.5
-1.2
-.6
0)
-13
-22
-15
-22
-24
-35
-24
-2.9
-1.6
-4.7
-1.0
0)
-. 1
0)
.1
-9
-8
-.4
Iron and steel
Nonferrous metals
Fabricated metals
Electrical machinery
.. _
Machinery, except electrical
Motor vehicles
Other transportation equipment- .
Other durables
. .
_. . .
A
Nondurable goods
Food and beverages
Tobacco
_.- . -_
Textiles
Paper.
Chemicals
Other nondurables.
—4
6
-18
_ _ __
__.
-8
-7
-13
1. Less than $50 million.
Source: U. S. Department of Commerce, Office of Business Economics.
.5
.3
-.2
.5
_ i
-!i
-.1
.i
.2
.5
SURVEY OF CURRENT BUSINESS
March 1958
further upswing should result in the next few months from
announced defense programs.
In January producers in the transportation equipment
group reduced inventories sizably—about one-quarter billion dollars—to wipe out the increase from a year earlier.
These producers, together with machinery firms, had accounted for most of the 1955-56 inventory expansion.
The impact of the retrenchment in business activity has
been very pronounced upon the primary metals group.
These producers in 1957 registered about the earliest downturn in sales and the largest decline in output of any major
industry. Deliveries have continued off in early 1958; at
the end of January, shipments by iron and steel firms were
20 percent below a year ago, and by nonferrous metal producers 30 percent lower. Steel prices are well above a year
ago, and the volume of output has been reduced even more
substantially below early 1957.
New orders placed with primary metal producers did not
turn as early as for some machinery sectors, but the subsequent reductions have been much more severe. New business
for both iron and steel and nonferrous metal companies in
January was a third under the corresponding 1957 month.
Unfilled orders for the group fell relatively more than for
other major durable-goods industries, although the transportation equipment group registered the largest absolute
decrease over the year.
While the downturn in activity has appreciably reduced
demand for metals, the output decline from last year also7
importantly reflects the withdrawals from metal fabricators
inventories in support of their current operations. For
primary metals producers, book values of inventory were
$300 million higher at the end of January than a year ago.
Inventory-sales ratios for the group have risen over the year
from 1% months to a little over 2 months.
The characteristically more volatile hard goods industries
employed nearly 9 million workers in February, roughly one
million, or 10 percent less than last summer, and down by a
somewhat larger amount from the recent high achieved at
the end of 1956.
Cutbacks in the work force elsewhere in the economy were
much more moderate and involved nondurable goods manufactures, mining, contract construction and transportation.
Combined employment in these industries was off about
750,000, or 6 percent from last summer.
In contrast, there was a broad range of industries comprised of trade, services, finance and insurance, public
utilities and government in which employment increased or
held stable. Among these groups, the largest employment
advance of nearly 3 percent over-the-year developed in
ployees in Nonagricultural
•"?!' '. -
l^dMith^^
y^, :
Employment kjoft since last fall ^ ; ;
ALL INDUSTRIES
i ;-'* , 44
®AV6. OF JAN. 8 FES.
.K!
Employment and Earnings
1
1
1
1
1
1
I
I
1
1
1
I
1
1
1
1
I
1
1
1
1
1
!
1
1
Decline centers in manufacturing durables
Employment was lowered further in the opening months
of 1958. Seasonally adjusted nonfarm employment of
51.2 million in February was 800,000 below the end-of-year
figure, and compared with 52.6 million in February 1957.
The workweek was also curtailed in early 1958, reflecting
tendencies in effect over the past year.
Although basic pay scales were up slightly in January
and February, continuing at a moderated pace the longerterm trend, premium pay for overtime was off in line with
the reduced workweek and thus average gross pay rates were
little changed from those prevailing in late 1957.
For the most part, these developments were reflected in
payrolls. Total wage and salary disbursements in the opening 2 months of 1958 averaged $236 billion at seasonally
adjusted annual rates, down nearly $6 billion, off 2% percent
from the summer peak but about unchanged from early
1957.
is
MANUFACTURING
_
DURABLE GOODS
_
\
NONDURABLE GOODS ^
4
+\
i i
| , . | |
, i , 1 ,
M
1
, 1 I I . , , 1 ,
t
,
;Employment elsewhere <»ntjnii0$ high
28,
NONMANUFACTURING
-
TRADE, SERVICE, AND GOVERNMENT
Employment pattern
The chart on this page highlights principal employment
developments in nonfarm establishments. The peak in the
cyclical rise was reached last August when 52.8 million were
on the payroll. In the following 6 months the number of
workers employed fell by 1.7 million, or 3 percent, on a seasonally adjusted basis, with roughly half of the drop taking
place in January and February of this year. As made clear
by the chart, this reduction centered primarily in durable
goods manufacturing, although there was also some fall-off
in labor demands by nondurable goods producers and by
such industries as railroads which were directly affected by
the slowdown in manufacturing activity.
OTHER
/- ; ^ • 12
:/,-.
9/
\H
"
;'
,
i i 1 I i I I i I I 1 I i I 1 I i I 1 I I I 1 M i
%
• " - ' , ' ' . . , - '
•
- „, .^'
,;
''
U, Sv D«p«rtment of CiftmmsifC*, Office df 8yslH«ss Sconojnk*
'
- '
-
•
Ootd
< 0U£
T , " "•"*•
$€l"-5**3
SURVEY OF CURRENT BUSINESS
6
government due to increases in State and local hiring of
school personnel and to expanding construction activity.
Jobholders in the service industries numbered more than 2
percent higher than in early 1957, maintaining the year-toyear gains which have characterized this group in most
earlier postwar years. Longer term influences were also
evident in the finance, insurance and real estate groups where
the employment trend was up throughout 1957 and early
1958. In trade, the sales and distributive work force was
also somewhat above that in early 1957.
The number of workers in this service-distributive-government segment was 29% million in February, up fractionally
from last summer, and 450,000 above a year ago. It is of
interest to note that in each of the two preceding post-war
recessionary periods, employment in trade, services, and
government held firm or increased throughout the downswings in general activity and resumed longer term advances
in the succeeding upswing. This pattern has in recent years
involved a rather steady increase in the relative importance
of these industries in the general employment picture.
Thus, at last summer's peak in nonfarm employment, this
group accounted for 56 percent of the total, compared with
slightly more than half at the start of the postwar period.
This relative improvement of the service-distributive
group evolved mainly in the last 5 years, and came about as a
result of the continuing expansion in jobs in this area while
the number of persons at work in the commodity producing
and transportation sector was reduced slightly. During
the earlier part of the postwar period—before mid-1953—
both of these broad groupings had undergone roughly
comparable rates of employment gain.
Reduced premium overtime
Partly to reduce costs resulting from premium overtime
pay, in addition to lower production requirements, the workweek in most nonfarm industries trended downward throughout 1957, with larger cuts in evidence towards the end of the
year and in early 1958. In manufacturing, the workweek
during the first 3 quarters of 1957 averaged about one-half
hour lower than a year earlier. Beginning in the fall of
1957, the gap in scheduled hours from the previous year
rapidly increased. In February 1958, the factory workweek
was more than 1% hours less than a year earlier.
The shorter workweek was accomplished in most manufacturing plants by a drop in average overtime hours, which
Table 3.—Employees in Nonagricultural Establishments,
Seasonally Adjusted
[In thousands]
1958
1957
Percent
change
Janu- Febru- August Decem- January
ary
ary
ber
Jan.Feb.
Febru- 1957 to
ary
Jan.Feb.
1958
52, 493
52, 577
52, 844
51, 980
51, 756
51, 151
-2.2
Manufacturing
17, 053
Durable goods
.- 10, 006
Nondurable goods
7,047
Mining _ _
832
Contract construction
2,963
Transportation and public
utilities
4,188
Wholesale and retail trade. . 11, 465
Finance, insurance and
real estate
2,316
Service and miscellaneous- - 6,366
Government--.
7,310
16, 995
9,980
7,015
833
3,020
16, 836
9,844
6,992
853
3,032
16, 265
9,370
6,895
821
2,923
15, 970
9,130
6,840
807
2,900
15, 637
8,850
6,787
793
2,702
— 7.2
— 10.0
-3.1
-3.8
-6.4
4,168
11,519
4,184
11, 669
4,076
11, 508
4,057
11, 625
4,008
11, 598
-3.5
1.0
2,324
6,401
7,317
2,354
6,477
7,439
2,361
6,538
7,488
2,367
6,523
7, 507
2,368
6,529
7,516
2.1
2.2
2.7
Total
Source: U. S. Department of Labor, Bureau of Labor Statistics.
March 195;
are usually compensated for at premium rates. Comparec
with 2% hours a year earlier, average overtime hours of pro
duction workers in manufacturing amounted to 1% hours ir
early 1958. The more limited volume of overtime hours
continuing to prevail reflects urgencies in a few productior
schedules as well as customary need for premium payment
work in a number of industries.
The decrease in hours worked was more widespread and
of greater magnitude in durable goods industries, where the
workweek averaged 39 hours in February 1958, nearly two
hours below a year earlier. Paralleling the employment
patterns, the sharpest reductions were registered in the metal
working and transportation equipment industries. The
change in the workweek of nondurable industries was more
limited principally reflecting large seasonal swings during
the year. In February 1958, an over-the-year decline of
somewhat more than one-half hour in average hours worked
resulted mainly from cutbacks of the workweek in the textiles, rubber, and paper industries.
Among nonmanufacturing industries, changes in the workweek over the past year were characteristically smaller,
largely reflecting longer term influences. Weekly hours
worked in early 1958 were higher or about unchanged in
the public utilities, telephone, trade, and contract construction groups in contrast to industries associated with manufacturing—including mining and transportation—where
hours worked were below last year.
Record hourly earnings
The steady postwar rise in basic wage rates continued
into early 1958, although there was little further increase in
gross average hourly earnings due to the offsetting effect of
reduced overtime pay. Average hourly earnings in manufacturing was $2.10 in February, roughly unchanged since
the end of the year, and 2% percent higher than in the early
part of 1957. Most of the year-to-year increase developed
in the latter half of 1957 reflecting, in part, the timing of
renegotiation of major contracts which cluster about midyear and, in part, adjustments required by cost-of-living
escalator clauses in some contracts.
The rise in overall manufacturing hourly earnings has
slowed considerably compared with 1955 and 1956. The
increase of 2% percent in the past 12 months was roughly
one-third of the prior year's gain, and about half as large as
the gain in the 1955-56 period. The smaller rise in hourly
earnings in the latest period registers not so much a change
in the rate of increase in basic pay scales, as the reduced
premium pay resulting from the cutback in overtime hours.
The increases in average hourly earnings were widespread
throughout manufacturing, with all but one of the 21 manufacturing groups registering a rise in the 12 months ending
January 1958. Above-average gains in hourly rates developed in chemicals, metalworking, petroleum, ordnance, food
and tobacco industries, where increases were 4 percent or
more. Most other industries registered increases closer to
the average manufacturing gain, with groups differing from
the general pattern limited to such soft goods industries as
the textile or apparel groups, where little or no rise in hourly
earnings were recorded.
Weekly earnings in manufacturing fluctuated within a
narrow range through 1957 and early 1958, reflecting the
offsetting effects of the increase in average hourly earnings
and the reduced workweek. At $81 for manufacturing as a
whole, weekly earnings in February 1958 was one percent
lower than a year earlier. In 7 of the 21 manufacturing
industry groups, weekly earnings of production workers in
early 1958 were lower than in the same period of last year,
as the cutback in hours more than offset the increase in hourly
earnings.
• Murray F.
The 1958 Business Expectations Survey
BUSINESSMEN expect to spend $32 billion on new plant
nd equipment during 1958, a 13 percent reduction from last
ear's record $37 billion. Decreases from 1957 are quite genral by industry division, the public utilities being the only
najor group that expects to increase its capital outlays.
Manufacturing and mining firms and transportation commnies other than railroads anticipate a reduction of about
>ne-fifth; the commercial group change approximates that
or the overall average while the railroads are scheduling a
lecline of more than a third (see table 1). These anticipations are based on reports by business companies to the Office
}f Business Economics and the Securities and Exchange Commission between late January and early March of this year.
Declines from cyclical peak
The quarterly data indicate that capital outlays reached a
peak in the third quarter of last year at a seasonally adjusted
annual rate of $37% billion. A sizable reduction from this
^gure in the fourth quarter of 1957—about $1% billion at an
Annual rate—was more than earlier business expectations for
this period. Businessmen have also scaled down their initial
anticipation of spending in the first quarter of this year to
$34 billion and have scheduled a further easing off in the
spring quarter to $32.6 billion. This gives an average first
half seasonally adjusted annual rate of $33.3 billion, which
is about 10 percent below the average for the second half of
1957. These figures for the first half of 1958, when compared
with the $32.1 billion annual total, imply a second half rate
of about $30% billion.
The industrial pattern by quarters shows that the decrease
from the third to the fourth quarter of last year in the seasonally adjusted rate of investment was concentrated in
Table 1.—Percent Change in Plant and Equipment Expenditures,
1957-58 i
Manufacturing
Durable
Nondurable
Mining
Railroad
Transportation, other than rail
Public utilities
ommercial and other
Total
—17
-22
—12
—15
— 38
-19
4
— 13
-13
1. Anticipated by business.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
manufacturing, especially durable goods, though reductions
were also registered in the mining industry, railroads and
public utilities.
Expected changes from the fourth quarter to the first half
of this year point to large reductions by manufacturing and
NOTE: MR. FOSS IS ASSISTANT CHIEF, BUSINESS STRUCTURE DIVISION,
OFFICE OF BUSINESS ECONOMICS.
transportation companies, small cutbacks by mining and
commercial firms, and very little change by the public utilities. The utilities anticipate a small rise in their seasonally
adjusted outlays from the first to the second half of this year,
but decreases over this same period are implied in the programs reported by other industry divisions.
New capacity requirements lower
Investment in 1957 constituted a new record in both current dollars and real terms; the third quarter 1957 peak was
fully 50 percent above the cyclical low in the first quarter
of 1955. Notwithstanding the substantial capacity additions
that came from the Korean mobilization, the demand for
capital goods stemming from the recent boom was large
enough to build up and maintain very substantial investment
backlogs in 1955, 1956 and much of 1957.
Business fixed investment as measured by this series constituted 8K percent of gross national product in both 1956
and 1957. During the postwar period, most of which has
been characterized by heavy capital investment, this ratio
has been higher—but not by much—only in 1947 and 1948,
years in which there were still sizable backlog demands carried over from the war and the depression of the thirties.
The comparatively stable rate of real aggregate output
over much of 1956 and 1957 has lessened the need for new
capacity additions—a development which has been accentuated in the short run by the declines in total production.
In addition, the fact that sales last year rose considerably
less than most industries thought a year ago has undoubtedly
led to a reappraisal by business of the requirements for new
facilities. The decline in corporate profits from their high
rate in the final quarter of 1956 has also tempered business
planning of new investment programs.
MANUFACTURERS' PROGRAMS
Manufacturing companies expect to spend $13.2 billion in
1958, $2.7 billion less than the record amount spent in 1957
and $1.8 billion below 1956 expenditures. The manufacturing programs for 1958 indicate a decrease of about one-fourth
in construction and about one-eighth in equipment. The bar
chart illustrates a wide range in the anticipated reductions.
Manufacturing investment over the postwar period has
been marked by substantial cyclical swings of considerable
duration. Some perspective on the current investment decline in manufacturing may be obtained by an examination
of the chart which shows quarterly seasonally adjusted outlays since 1947. The decreases now^ scheduled in this area
follow a 60 percent rise in manufacturing capital expenditures that began in the early part of 1955 and reached its
peak last summer.
SURVEY OF CURRENT BUSINESS
8
Industrial patterns by quarters
Plant and Equipment Expenditures
Billion Dollars (ratio scale)
60
40
Total
\
20
10
Scheduled decreases in 1958 larger in
manufacturing than in nonmanufacturing
30
20
Total Nonmanufacturing
\
10
8
Total Manufacturing
6
i i i I i i i I i i I I i i i I i t i I i i i I i i i I i i i I i i i I i i i I i i i I i
10
8
Nondurable Goods Manufacturing
-XX,.. /
Durable Goods
Manufacturing
I I I I I I I I II I I I I I I I I I I I I I I M I I I I I I I I I I 1II I I I I I I II
Utilities continue strong in 1958—other
nonmanufacturing industries down
20
8
6
4
Public
Utilities
1947 48
* Anticipated
49
50
51
52
53
54
55
56
57
58
Q U A R T E R S , SEASONALLY ADJUSTED, AT ANNUAL RATES
Data: SEC 8 QBE
U. S. Department of Commerce, Office of Business Economics
The quarterly data by industry, after making allowanc
for seasonal variations, reveal interesting industrial pattern
somewhat different from those obtained by consideration
annual changes only. Expenditures by iron and steel ar
nonferrous metals companies reached a peak in the thb
quarter of 1957. Although the steel industry added mo;
than 7 million tons of ingot capacity last year, there are sti
substantial portions of basic capacity under construction, i
addition to the raw materials and finishing facilities neede
to complement the new steel-making capacity.
The nonferrous metals industry has shown considerabl
fluctuations in its capital spending despite its considerabl
growth; the reductions now scheduled have been intensifies
by the deferral of new projects. Some reconsideration o
the need for new plant may have been occasioned by th
fact that aluminum consumption declined last year at a tim
when substantial new capacity additions were under way.
The machinery industries' investment programs are hold
ing up comparatively well. For the nonelectrical group th<
declines scheduled in the first half of 1958 from the fourth
quarter 1957 peak are not large and some leveling out is
suggested in the second half. Programs of companies making farm machinery and office and computer equipment show
little change in this industry. Programs of the electrical
machinery industry, bolstered by demands for electronic
equipment, indicate a comparatively flat trend through
1958.
The motor vehicles and parts industry has already made a
very substantial downward adjustment in its capital outlays.
The expenditures of about $1 billion made in 1957 were almost 40 percent below those made in 1956. Seasonally
adjusted fourth quarter 1957 expenditures were off relatively
more from their peak in mid-1956, though not much further
change during 1958 is suggested by the currently reported
programs. Producers of transportation equipment other
than motor vehicles—chiefly aircraft companies—show a
decline of about one-third from the peak reached in the first
half of last year to the first half of this year. Some improvement in the second half of this year is indicated, presumably
under the influence of the Government's missile program.
Outlays by the stone, clay and glass industries, which reached
a high point in late 1956, have moved downward by about
one-third since then but give evidence of leveling out later
this year.
Nondurable declines generally smaller
Commercial
10
March 1J
58 -5 -4
The 10 percent decrease scheduled by the petroleum companies from last year's record outlay, if realized, would be the
first reduction in investment by this industry since 1950.
If current investment plans are maintained, however, no
further drop in seasonally adjusted outlays is implied from
the first to the second half of this year.
Chemicals producers' investment rose to a record rate,
after seasonal adjustment, in the third quarter of last year,
and while easing off from the peak, is still expected to be?
very large. Outlays by paper companies were little changed
between 1956 and 1957 but the trend was downward from
the first to second half of 1957 and the reductions are currently expected to extend into the latter part of this year.
The 1958 decline is the first in this industry since 1952.
Differences in expected relative changes over last year
are not pronounced by size of company. This is in contrast
with the pattern evident in the survey a year ago, when the
medium and large companies were increasing their expenditures. This year, as was the case in 1957, the anticipated
expenditures of the manufacturers with assets below $10 million were increased by 10 percent to allow for the recurrent
SURVEY OF CURRENT BUSINESS
larch 1958
inderstatement in anticipated expenditures by these com>anies. The adjustment this year added about $% billion
,o the expenditures of these firms, or less than 2 percent of
,he manufacturing aggregate and about three-fourths of 1
percent of the total for all industries.
NONMANUFACTURING INVESTMENT
Aggregate expenditures of industries other than manufacturing are expected to decline about 10 percent this year.
This relatively smaller decline as compared with manufacturing is in keeping with the postwar experience, and has been
attributable in part to the fact that cyclical changes in
investment by nonmanufacturing industries have not coincided. As may be seen in the chart, the largest year-toyear drop that occurred—from the fourth quarter of 1948
to the fourth quarter of 1949—did not exceed 10 percent.
Electrical utilities' programs higher
The electric utilities have scheduled an 8 percent increase
in investment over 1957—the only major industry in which
anticipated outlays are moving contrary to the overall trend
in business fixed investment. The quarterly pattern reveals
little change in the seasonally adjusted rate of expenditures
Manufacturers7 Plant and Equipment
Expenditures
Anticipated decreases are general throughout
manufacturing
-40
PERCENT CHANGE, 1957 TO 1958
-30
-20
-10
Chemicals
Machinery
Petroleum
Food and beverages
Stone, clay, and glass
from the fourth quarter of 1957 to the first half of this year,
with a small increase scheduled in the second half. If realized,
the quarterly rate of outlays in the last 6 months of 1958
would average more than 60 percent higher than seasonally
adjusted expenditures in the most recent low point in the
final quarter of 1955.
According to trade sources, expenditures for generating
facilities, which accounted for roughly half of utility outlays
in 1957, are expected to increase by almost one-fifth. Investment in distribution facilities—about one-third of last year's
dollar outlay—shows little change. As a result of the current
expansion program some 13 million kilowatt hours of new
capacity are expected to be brought in during 1958—more
than double the 1957 figure—and another 14 million addition
is currently scheduled to be added in 1959.
Gas companies expect to spend about 8 percent less in 1958
than they did in 1957. Last year witnessed an increase of
about 15 percent over 1956, with the seasonally adjusted
trend of outlays moving up sharply through the third quarter.
Actual outlays in the final quarter of last year and the expected rate in the first quarter of this year are off considerably
from the third quarter, but little change in the seasonally
adjusted rate is suggested by the data for the remainder of
this year.
Railroad expenditures off sharply
Investment by the railroads has shown the most pronounced cyclical swings of any of the industry divisions. The
38 percent cutback in capital outlays that the railroads are
scheduling—the largest either anticipated or experienced in
any year in the postwar period—follows an investment rise
of almost 3 years duration. This advance brought the
seasonally adjusted annual rate of expenditures from a low
of less than $700 million to more than $1.5 billion in the
third quarter of 1957. The expected rate of outlays in the
second quarter of 1958 is 45 percent below the third quarter
1957 peak.
A significant part of the $1.4 billion expenditure for the
year 1957 as a whole financed the installation of 88.5
thousand freight cars, the largest number installed since
1948. A sizable proportion of the 1957 equipment purchases
by the railroads represented freight cars for which rapid
amortization privileges had been granted by the Government;
deliveries of these cars had been delayed by the steel shortages
that prevailed during 1956.
Freight carloadings were in a declining phase after late
1956, and following the first quarter of 1957 railroad net
income began to show decreases from year-ago figures. As
a result of these developments new orders for equipment were
kept low; unfilled orders for freight cars were reduced by
Table 2.—Capital Expenditures by Railroads, by Type
[Millions of dollars]
Paper
Year
Iron and steel
Motor vehicles
and parts
1948
1949
1950___
1951__. _
1952
Textiles
1953__
1954
1955
Nonferrous metals
1956___ _ _
1957
1958 anticipated
Construction
359
338
299
379
45788U 0 —58
2
58-5-5
960
1, 014
812
1, 095
Total
1, 319
1, 352
1, 111
1,474
421
418
335
345
975
893
519
578
1, 396
1, 311
408
383
328
1,013
823
1, 231
1,396
540
868
Data: SEC 8 QBE
U. S. Department of Commerce, Office of Business Economics
Equipment
Source: Basic data from Interstate Commerce Commission.
854
923
SURVEY OF CURRENT BUSINESS
10
almost one-half during 1957 and expenditures for construction work were reduced.
Table 2 presents estimated expenditures for construction
and equipment in the postwar period along with the 1958
anticipation. In the year ahead a reduction of 15 percent is
expected in road expenditures while equipment expenditures
are being reduced by almost one-half.
Other nonmanufacturing
The airlines expect to decrease their spending by about
one-fourth, with outlays somewhat above 1956 expenditures.
The current cutback may be transitional in view of the substantial outstanding orders for jet transports, deliveries of
which are expected to start late this year. The reduced
demand for petroleum products has undoubtedly contributed
to the planned reduction of about one-fifth in spending by
oil pipeline companies. Larger than average relative decreases are expected by maritime companies and trucking
firms, while interstate bus companies expect to maintain
their 1957 expenditures.
In mining, a very pronounced cutback is planned by iron
ore firms and sizable reductions are expected in noriferrous
and other metals and coal. A small reduction in capital
outlays has been scheduled by petroleum and gas firms.
In the commercial field, decreases are planned by retail,
service, construction, and wholesale firms, whilefinancecompanies expect little change.
Communications firms have large investment programs,
though they are not expected to match the 1957 record total
of just over $3 billion. The communications companies increased their investment in 1957 more than 10 percent
above 1956, though the seasonally adjusted trend of outlays
during the year was slightly downward. This year a decrease from the first to the second half is suggested by the
anticipatory data.
REALIZATION OF 1957 ANTICIPATIONS
Last year's $37 billion investment was within $0.4 billion
of the aggregate figure anticipated in the survey one year
ago. The public utilities spent a little more than expected;
mining and commercial companies spent about the same as
Table 3.—Realization of 1957 Investment Programs, by Industry
Division
Percent change from
actual expenditures
in 1956
Actual
1957
Percent
deviation
Anticipated
1957
Total
5
6
-1
Manufacturing
Durable-goods
Nondurable-goods
7
5
8
3
-6
0
0
13
3
10
11
8
2
19
7
27
-6
24
-6
2
0
Mining
Railroads _ __
Transportation, other than rail__
Public utilities
Commercial and other
2
-5
Q
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
expected, and there were slight shortfalls in the case of
manufacturing, railroads, and nonrail transportation companies. The favorable performance of the 1957 survey,
March 19,
which is summarized in table 3, is in line with the gener
experience of the postwar period.
Except for the steel industry, where plans were slight]
exceeded, all the durable-goods industries spent less tha
their projected figures. The automobile industry showed
sizable shortfall and accounted for about half "of the $0.
billion difference between plans and results in durable-gooci
manufacturing. In nondurable-goods manufacturing th
actual figure of $7.9 billion was very close to the expectatioi
with relatively small offsetting differences by industry.
By size of firm it appears that the large and medium siz
groups within manufacturing spent somewhat less thai
planned while small companies spent about what they hac
anticipated, after allowance is made for the small-firn
understatement mentioned earlier. In the case of larg<
firms (assets over $50 million), where sizable expansior
programs were still in progress, the 1957 outlay represent-ec
a larger relative increase over 1956 than the 7 percent foi
all manufacturing companies combined. The rise in the
medium size group (assets from $10 million to $50 million)
was about average while spending by small firms declined
somewhat.
SALES ANTICIPATIONS
The 1958 sales anticipations reported in the annual survey
indicate that manufacturers as a group expect their sales
to run somewhat more than 2 percent below the record
sales in 1957. Durable-goods producers are thinking in
terms of a decline of close to 5% percent while nondurablegoods manufacturers expect a rise of about 1 percent. Trade
companies are anticipating an increase of 1 percent over 1957.
The electric utilities expect an 8 percent advance in their
revenues, and gas companies, an increase of 12 percent, for
a combined increase in public utilities of 9 percent.
Table 4 summarizes the manufacturers' sales expectations
by industry. Projected decreases are general in durablegoods manufacturing—the stone, clay, and glass industry
being the only exception. In nondurable-goods manufacturing small increases are being anticipated, except in the
case of textiles and petroleum, which indicate minor reductions from 1957.
In trade and in virtually every manufacturing industry
the seasonally adjusted annual rate of sales in January of
this year was ^running below that anticipated for the full
year 1958. Manufacturing sales as a whole in January were
7 percent below the 1957 monthly average, with durables
down 11 percent and nondurables down 4 percent. Seasonally adjusted January sales in trade were about 2 percent
below the 1957 average. Similar data are not available for
the public utilities.
It has been often pointed out in analyses of expectations
data that businessmen have far less control over the future
course of sales as compared with anticipated capital expenditures. Experience with the manufacturers' sales anticipations indicates that while the direction of change from the
previous year has always been correctly anticipated, significant deviations have occurred in the projection of the extent
of the change. A comparison of actual and anticipated
sales changes in recent years in manufacturing, and in trade
and utilities as well, is illustrated in the chart. In manufacturing it is quite clear that companies understate the
extent of sales increases in periods of rising sales, especially
around upturns, and understate decreases on the downside.
In 1954 manufacturers' sales fell 4 percent, in contrast with
a projected 3 percent decline, while in 1949 sales fell 7
percent, in contrast with a projected 1 percent decrease.
Last year sales disappointments were quite widespread,
the experience being poorer than average for the postwar
SURVEY OF CURRENT BUSINESS
March 1958
period. While sales were higher than in 1956, by industry
division they were almost uniformly below expectations as
reported last March. The largest discrepancy was in manufacturing, where sales rose only 2 percent as against an 8 percent projected advance. Deviations were most marked in
durable-goods sales, which rose 3 percent rather than the
expected 9 percent. Sales increases were generally below
expectations in heavy goods; in nonferrous metals and the
stone, clay and glass industry sales actually decreased instead of increasing. The pattern was generally similar
in nondurables. Only in the large food, petroleum and electrical machinery industries were actual sales close to reported
expectations.
In the postwar period relative sales deviations from expectations and relative investment deviations have shown a
close correlation when annual data for manufacturing as a
whole are considered. Last year both sales and plant and
equipment programs fell short of expectations, although the
deviation was small for investment and sizable for sales.
It is believed that a major reason for this differential behavior is related to the character of investment in 1957.
Last year was essentially one in which manufacturers made
substantial progress toward completing earlier started major
programs, many of which had been delayed in 1956 by materials and other shortages. While the experience in individual manufacturing industries suggests in part that sales
11
Table 4.—Manufacturers' Sales Expectations, 1958, by Industry l
Expected percent change in sales, 1957 to 1958
Total
-2
Durable-goods.
Primary iron and steel
Primary nonferrous metals
Electrical machinery
-12
-6
-1
Machinery except electrical
Transportation equipment, including motor vehicles.Stone, clay and glass products
-4
-12
1
Nondurable-goodsFood and beverages
Textile mill products
Paper and allied products.
3
—2
3
Chemicals and allied products_
3
Petroleum and coal products-.
-1
1. These anticipations were reported by manufacturers between late January and early
March.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
disappointments led to some reductions in investment programs, the very sizable carryover of construction-in-progress
introduced a measure of short-run inflexibility into the
ability of companies to adjust their capital expenditures.
THE COMPOSITION OF INVESTMENT
Actual and Anticipated Sales
WORK-IN-PROGRESS AND THE INITIATION
OF NEW PROJECTS
Percent change from previous year
This year a new set of questions was added to the survey
in order to shed light on some aspects of the plant and equipment expenditure anticipations. Specifically, companies
were requested to provide a breakdown of their 1958 anticiTable 5.—-Business Facilities: Work-in-Progress and the Initiation
of New Projects
[billions of dollars]
Total cost, when
complete, of
projects initiated
in—
1957
Manufacturing
14.05
Durable-goods industries l .
6.42
Primary metals
Electrical machinery and equipment
Machinery except electrical _
Transportation equipment
Stone, clay and glass
Nondurable-goods industries *
1958
Anticipated expenditures in
1958 on-
Total
Work-inprogress
Jan. 1, 1958
Projects
initiated
in 1958
9.85
13.20
6.12
7.08
4.02
6.23
3.12
3.11
.73
.48
1.01
1.74
.56
1.18
1.28
.30
.31
.46
.26
.87
.70
.28
1.23
.45
.69
.21
.54
.24
5.83
6.97
3.00
3.97
-I- 15
Food and beveragesTextile mill products
... .
Paper and allied products .
.58
.20
.40
.76
.25
.62
.25
.07
.34
.51
.18
.28
t 10
Chemicals and allied products __
Petroleum and coal products
Rubber products.
1.31
2.89
.15
1.62
3.11
.17
.92
1.15
.08
.70
1.96
.09
3.48
1.76
4.61
1.80
2.25
.31
2.36
1.49
7.63
Public utilities
t 5 -
Electric utilities 2
Gas and other utilities
1954
1955
1956
1957
1958
Data: SEC, OBE, 8 Trade Associations
U. S. Department of Commerce, Office of Business Economics
58 -
5-6
._
.
4.45
1.49
1. Totals include industries not shown separately.
2. Includes mixed electric and gas utilities.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
SURVEY OF CURRENT BUSINESS
12
March 195
Table 6.—Expenditures on Ne\v Plant and Equipment by U. S. Business,1 1953-58
[Millions of dollars]
1956
1953
Manufacturing
1954
1955
1956
1957
1958 2
1957
JanuaryMarch
AprilJune
JulySeptember
October- January- AprilMarch
DecemJune
ber
1958
JulySeptember
October- JanuaryAprilDecem- March 2 June 2
ber
2,958
3,734
3,834
4,428
3,505
4,183
4,010
4,261
3,466
3,31S
5,648
5,091
5,436
7,623
8,022
6,225
1,462
1,862
1,960
2, 339
1,759
2,120
1,995
2,148
1,707
1,575
Primary iron and steel
1,210
Primary nonferrous metals
412
Electrical machinery and equipment. _ _
475
Machinery except electrical
797
754
246
439
694
863
214
436
809
1,268
412
603
1,078
1,722
814
599
1,275
1,266
470
563
1, 178
219
69
104
227
306
88
142
254
296
103
158
267
447
152
199
330
327
147
126
270
437
217
152
317
452
223
145
308
506
227
176
380
367
177
129
313
327
122
144
289
989
1,295
1, 128
1,689
1,058
768
341
431
464
453
297
314
252
195
180
198
180
346
1, 239
191
361
1, 110
274
498
1,214
440
686
1,447
544
572
1,438
460
448
1,072
77
132
293
103
172
366
120
181
371
140
201
417
126
135
331
150
156
377
130
139
346
138
142
384
124
115
302
104
114
277
6,260
812
378
409
5,948
765
331
455
6,003
718
366
518
7,331
799
465
801
7,937
850
408
811
6,971
763
252
622
1,496
178
108
155
1,872
208
126
203
1,874
203
110
206
2,089
210
121
237
1,746
201
111
192
2,063
225
114
216
2,015
209
93
206
2,113
215
90
197
1,759
190
72
170
1,744
190
60
156
1,428
- 2, 668
161
404
1, 130
2,684
131
451
1,016
2,798
150
437
1,455
3,135
201
475
1,724
3, 453
200
491
1,621
3,106
170
437
283
627
40
105
364
803
50
118
370
813
50
122
438
892
61
130
353
728
46
115
435
892
53
128
440
894
48
125
496
939
53
123
428
744
43
112
415
784
47
92
284
11,908 11,038 11,439 14, 954 15, 959 13, 196
Durable-goods industries
Motor vehicles and equipment
Transportation equipment excluding
motor vehicles
Stone, clay and glass products
Other durable goods 3 ...
Nondurable-goods industries. _
Food and beverages
Textile mill products
Paper and allied products
_.
Chemicals and allied products
Petroleum and coal products
Rubber products
Other nondurable goods 4 __Mining
986
975
957
1,241
1,243
1,058
262
319
314
346
300
327
314
302
270
1,311
854
923
1,231
1,396
868
297
325
277
332
342
362
358
334
298
225
Transportation, other than rail _
1, 565
1,512
1,602
1,712
1,771
1,440
396
423
443
450
358
478
447
488
407
33S
Public Utilities
4, 552
4,219
4,309
4,895
6,195
6,414
936
1,199
1,308
1,452
1,205
1,510
1,720
1,760
1,466
1, 723
Communications
1,690
1,717
1, 983
2,684
3, 0321
570
673
663
778
725
797
728
782
Commercial and other 8
6,513
7,488
8,364
2,043
2,062
2,052
1,847
1,933
1,780
2,536
7,366)
2,207
2,327
6, 310
1,806
7,462
8,880
8,901
9,838
8,282
9,590
9,357
9,733
8,234
8,423
Railroads
__
Total-
9,098
28,322 26, 827 28, 701 35,081 36, 962 32, 074
I
Seasonally Adjusted at Annual Rates
[Billions of dollars]
M anu facturing
13.45
14. 65
15.78
15.81
16. 12
16. 25
16.37
15.27
14.17
13.23
6 57
6.88
7.38
7.27
8.20
7.58
8.21
7.60
8.09
8.03
8.31
7.94
8.23
8.14
7.57
7.70
6.83
7.34
6.19
7.04
Mining
1. 13
1.28
1.26
1.28
1.35
1.28
1.24
1.15
1.09
1.11
Railroad
1.25
1.22
1.20
1.23
1.42
1.35
1.54
1.26
1.09
.84
Transportation, other than rail
1.65
1.63
1.79
1.76
1.52
1.82
1.81
1.91
1.68
1.27
"Durable
Nondurable .
Public utilities
Commercial a?id other 8
Total
|
!
4.56
4.61
5.08
5.27
5.72
5.93
6.64
6.43
6.34
6.34
10.78
11. 10
10.76
11.11
10.76
10.40
10. 15
10.21
9.68
9.76
34. 49
35. 87
36.46
36.89
37.03
37.75
36.23
34. 05
32. 55
3? R9
1
1. Data exclude expenditures of agricultural business and outlays charged to current account.
2. Estimates are based on anticipated capital expenditures reported by business from late
January to early March 1958. The seasonally adjusted data include in addition to a seasonal
correction, an adjustment when necessary, for systematic tendencies in anticipatory data.
3. Includes fabricated metal products, lumber products, furniture and fixtures, instruments, ordnance, and miscellaneous manufactures.
4. Includes apparel and related products, tobacco, leather and leather products, and printing mid publishing.
5. Includes trade, service, finance, and construction. Figures for 1958 and seasonally
adjusted data also include communications.
pat ion into two components: (1) expenditures required to
complete work started prior to January 1, 1958 and (2) expenditures expected to be made on work to be newly started
in 1958. Companies were further asked to estimate the
total cost—when complete—of work scheduled to be newly
started in 1958.
For comparative purposes firms were requested to supply
data on the total estimated cost of any work newly started
in 1957. A project, which could range in size from a single
piece of equipment to a completely-equipped plant, was to
be considered started at the time contracts had been let
or an initial capital expenditure made.
The new questions thus provide information on the carryover portion of the anticipation, and on the estimated value
of new starts, broken down into that portion scheduled to
be spent in 1958 and that portion of new work scheduled to
be carried over into 1959.
It is recognized that a figure on anticipated starts is subject to upward or downward revision to a far greater extent
than work-in-progress. Work carried over is usually completed, though work running through a large part of the year
can be stretched out into another year or might be accelerated
under conditions which make such action desirable and
feasible.
Errors with respect to the carryover, however, are usually
associated with delivery times and cost estimates. Projects
scheduled to be newly started, on the other hand, are not
only subject to the above sources of error but may be completely deferred beyond the year in question, or may be
(Continued on page 20}
Note: Data for earlier years were published in the June 1956 Survey of Current Business,
page 6.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
by Walther Lederer
Readjustments Mark Balance of
Payments in Fourth Quarter 1957
F
OREIGN expenditures in the United States on goods,
services, and long-term investments declined from a seasonally adjusted annual rate of $26.5 billion in the third quarter
to $25 billion in the fourth. At the same time our expenditures for goods, services, Government npnmilitary grants
and loans, private gifts, and investments increased from an
annual rate of $26 billion to $26.3 billion. The balance on
these recorded transactions changed, therefore, from an
excess of U. S. receipts of about one-half billion dollars at
an annual rate in the third quarter to an excess of U. S.
payments of about $1.3 billion in the fourth. This amount
was not far below the annual rate during the years 1953 to
1956 when the rise in foreign gold and dollar reserves was
sufficient to facilitate a rapid increase in international trade
and production of foreign countries.
In addition, the balance on unrecorded transactions
shifted from U. S. receipts of about $1.1 billion at seasonally
adjusted annual rate in the third quarter to U. S. payments
of about $0.4 billion in the fourth. This change, which was
almost as large as the shift in the balance on recorded transactions, may indicate a return flow to foreign countries of
some of the liquid capital which had come to the United
States during the year ending with the third quarter of last
year. A large part of these transactions appear to have
occurred with the sterling area.
1957 was larger than the overall figures indicate because a
few countries which had relatively strong reserves such as
Venezuela, Germany, and Canada continued to increase
them, while the withdrawals from their reserves by the other
countries were that much larger. In the fourth quarter
the gold and liquid dollar assets of Venezuela and Canada
declined. Germany's holdings rose but by a much smaller
amount than in the previous quarter and these gains were
greatly overbalanced by a decline in holdings of other
European currencies. The improvement in the reserve
position of other countries (and international institutions) was
thus more than is suggested by the change in the total
changes in foreign reserves.
Foreign gold and dollar holdings rise
Table 1.—United States Balance of Payments Seasonally Adjusted
(Excluding Military Grant-Aid)
As a resialt of the changes in recorded and unrecorded
transactions with the United States, foreign gold and liquid
dollar assets increased during the fourth quarter by about
$190 million. After seasonal adjustment this is equivalent
to an annual rate of about $1.7 billion. In contrast, foreign
gold and dollar assets during the third quarter declined at a
rate of about $1.6 billion.
The change in the movement of officially held foreign
gold and liquid dollar assets of some countries was even
larger as dollars which were withdrawn (or withheld) by
private organizations and persons from official reserves in
the third quarter were returned to the reserves in the fourth.
This movement parallels the apparent shifts in unrecorded
capital movements.
A further indication of the improvements in the reserve
position of foreign countries from the third to the fourth
quarter was the change in the distribution of gold and dollar
holdings between foreign countries. The impact of the
losses in foreign reserves during the year ended September
NOTE.—MR. LEDERER IS CHIEF OF THE BALANCE OF PAYMENTS DIVISION, OFFICE OF BUSINESS ECONOMICS.
Special transactions improve balance in international payments
There can be little doubt that international payments
throughout the world have become better balanced during the
fourth quarter, but the extent of the improvement was partly
the result of special transactions or other fortuitous developments. The outflow of funds from the United States during
the fourth quarter was increased by a $250 million loan to
the United Kingdom. Imports were boosted by a $90 million
rise in coffee receipts, of which about half may have been
[Millions of dollars]
I
II
III
IV
Total
6,862
5, 102
6,992
5,081
6,509
5 186
6 571
5 258
26 934
20 627
Merchandise
3,200
Services and military expenditures. _ _ .. .- 1,902
Remittances and pensions
. _
189
Governments grants and related capital outflows
(net)
.
742
United States private and other Government
capital outflows (net)
829
3,256
1,825
170
3,369
1,817
183
3 439
1, 819
162
13 264
7, 363
757
611
547
2, 657
984
529
604
2 946
6,871
6, 701
6,873
6,745
6,617
6, 593
6 240
6, 223
26 601
26 262
5, 040
1,661
4, 925
1,820
4,835
1, 758
4 496
1 727
19 296
6, 966
170
128
24
17
339
371
222
277
— 109
7C1
440
—428
United States payments, total
Imports, total
United States receipts, total
Exports, total.
.
Merchandise. Services and military transactions. .
Foreign long-term investments in the United
States
Errors and omissions (net receipts) _
Increase in foreign gold and dollar assets through
transactions with the United States
-380
-103
-385
Source: U. S. Department of Commerce, Office of Business Economics.
13
704
14
SURVEY OF CURRENT BUSINESS
in excess of the usual seasonal rise. (Most of this rise in
imports apparently was needed to meet current consumption
requirements, whereas during the earlier part of the year
imports were smaller than current consumption and the
difference was made up by a reduction of stocks.)
U. S. receipts from abroad were reduced by about $138
million as a result of the postponement of the service on the
British loan contracted after the war. These items contributed approximately $430 million, or about half, of the
change, seasonally adjusted, from foreign gold and dollar
liquidations in the third quarter to accumulations in the
fourth, resulting from transactions with the United States.
The shift in the balance on unrecorded transactions in the
U. S. balance of payments should also be included among the
special factors contributing to the improvement in the foreign
dollar position.
Special capital movements which were an important element in the outflow of funds from the United States were also
a significant factor in the improvement of the balance in international payments among the major European countries.
The decline in German reserves during the fourth quarter
was due to special capital transactions by the German Government and a change in the unrecorded transactions in the
German balance of payments from an inflow of funds of about
$335 million in the third quarter to an outflow of $220
million in the fourth. The balance on goods and services and
the other recurrent types of transactions still resulted in
a large surplus for Germany not much different from a year
earlier.
OUTFLOW OF U. S. FUNDS REMAINED
STEADY
Among the most important developments affecting the
(seasonally adjusted) outflow of funds from the United States
during the fourth quarter were the stability of U. S. imports
of goods and services, the rise in Government grants and
loans, and the decline in the outflow of private capital.
Merchandise imports higher
Seasonally adjusted imports advanced slightly from the
third to the fourth quarter even after excluding the effects of
the more than usual rise in coffee imports (which was in
part offset by a decline in average import prices from about
51 cents per pound in the third quarter to 47 cents in the
fourth).
Some of the possible reasons for the relatively small sensitivity of imports shown so far to last year's change in
economic trends in this country were pointed out in the
February issue of the SURVEY OF CURRENT BUSINESS. The
rise in imports was rather widely distributed among different
commodities. Most important among the items which rose
were animal foodstuffs, tobacco, and automobiles. Compared with the fourth quarter of 1956, imports of animal foodstuffs had risen by more than 60 percent, tobacco imports
nearly doubled, and purchases of foreign cars rose from $42
million to $96 million.
Imports of machinery and vehicles other than automobiles
also rose over the third quarter, and were about 15 percent
higher than a year earlier. Textiles fell off, however, and
were smaller than during the last quarter of the previous
year.
Varied trends in industrial materials imports
Changes in imports of raw materials and semimanufactures
from the third to the fourth quarter were not uniform. De
March 19e
clines took place in imports of petroleum, although risin
imports during that period of the year have been the rule i:
earlier years. However, petroleum imports during the firs
three quarters of 1957 were unusually large and despite th
reduction from the third to the fourth quarter of 1957 the;
were still $54 million higher than a year earlier.
Imports of iron ore dropped from $102 million to $71 mil
lion, more, both absolutely and relatively, than in previou
years. It is too early to tell whether the decline mereh
reflected the larger share of Canadian imports which art
subject to seasonal changes, or whether the reduction wat
also due to a smaller demand. Both tonnage and value o:
imports in the fourth quarter of 1957 were somewhat highei
than in the fourth quarter of 1956.
Among the major nonferrous metals, aluminum imports
were up from the third quarter and about as high as a yeai
earlier, copper imports were up in volume, but because of
lower prices smaller in value than in the third quarter, lead
was up both in volume and value, zinc in volume, and about
the same in value. The increases in the volume of imports
of these metals occurred although inventories were unusually
high. Copper and zinc imports were still smaller in volume
than during the corresponding quarter of 1956, but the decline
which set in after the first quarter of 1957 was at least temporarily halted. Imports of steel mill products were also
below a year ago, but here too, the decline which had started
earlier in the year did not continue. Tin imports, however,
dropped to less than half of the volume obtained a year
earlier.
Rubber imports during the second half of 1957 were about
as high as in the second half of 1956. Consumption of natural rubber, however, dropped sharply toward the end of
last year which may be reflected in future imports.
Wool imports were slightly less than during the fourth
quarter of 1956, but inventories are low and prospects for
continued imports rather favorable. Imports of newsprint
and lumber, however, were smaller than a year earlier.
With the major exceptions of the last two items, tin and
possibly iron ore, imports of industrial materials did not
reflect the slackening in industrial production. In many
instances imports did not decline from the third to the fourth
quarter, at least after taking account of seasonal factors,
because the decline had already occurred earlier in the year.
In some instances imports did contract, but they were still
higher than a year earlier although output in consuming
industries was smaller.
Prices of raw materials, which had moved downwards
during the earlier part of 1957, continued to fall, but the
rate of decline was considerably less. For many of the major
commodities import unit values were close to current spot
prices which would indicate a futher flattening out of the
downward movement in import unit values during the early
part of this year.
Imports from Europe stable
The area distribution of merchandise imports shows a rise
from the third to the fourth quarter in imports from Western
Europe, all of which may be attributed to seasonal factors.
Despite the decline in U. S. business activity, imports from
Europe during the fourth quarter were just as high as a year
earlier and very close to the peak (after seasonal adjustment) reached in the second quarter of 1957.
During the previous business recession in 1953-54, seasonally adjusted imports from Europe had declined from the
second to the fourth quarter of 1953 by about 10 percent
and from the peak in the third quarter to the fourth quarter
by about 13 percent. In 1957, the rise in imports of automobiles and other finished manufactures, mainly in the
March 1958
SURVEY OF CUEEENT BUSINESS
durable goods categories, offset the decline in semimanufactured materials which still comprise a very large part of
our imports from that area.
Imports from less developed areas up
Purchases from the Western European dependencies, Latin
America, and the independent countries of Asia and Africa
were substantially higher during the last quarter of 1957
than a year earlier and the same applies if the last 6 months
of these two years are compared. The rise in imports from
Latin America was larger than can be accounted for by coffee
alone. It appears, therefore, that through the last quarter
of 1957 at least, any adverse effects of the business decline
in the United States upon our imports from the less developed
areas was more than offset by other developments.
Among the major areas shown in the balance of payments
table, Canada appears to be the only one from which imports
were smaller than a year earlier, in contrast to the first three
quarters of 1957 when they were larger.
Government foreign grants and credits larger
The net outflow of U. S. funds through Government grants
(excluding military) and capital transactions during the
fourth quarter was about $750 million, compared with $560
million in the same quarter a year earlier. The net outflow
in the fourth quarter of 1957 was raised by the $250 million
Export-Import Bank loan to the United Kingdom and the
postponement of the amortization of the British loan and
postwar settlement credit which added another $56 million.
Disbursements on other Export-Import Bank loans were
about $100 million higher than year earlier. Most of this
rise was in loans to Latin America, and a smaller portion to
countries in Asia.
Shipments of agricultural goods against payment in foreign
currencies were down to about $275 million from nearly $310
million in the fourth quarter of 1956. The utilization of
foreign funds, however, was much larger than in the fourth
quarter of 1956, particularly for loans which increased from
$26 million to $74 million. As a result, Government holdings
of foreign currencies and other short-term assets declined
during the fourth quarter of 1957 by about $50 million.
Private capital outflow smaller
Private capital outflows did not rise from the third to the
forth quarter as much as in previous years. Part of the
decline in seasonally adjusted data was due to the absence
during the fourth quarter of special payments for oil exploration rights in Venezuela, During the third quarter such investments amounted to about $90 million. Other direct
investments also declined, particularly in Canada and to a
lesser extent in Latin America. To a large extent, however,
this decline was offset by a drop in income on U. S. direct
investments abroad (seasonally adjusted), thus reducing
somewhat the impact of the lower capital outflow on the
balance of payments of foreign countries.
In contrast to the decline in direct investments was the
rise in medium-term bank loans and the change in the movement of short-term capital from an inflow in the third quarter
to an outflow in the fourth. The increase in bank loans
consisted largely of a $40 million loan to Colombia under
guarantees by the Export-Import Bank.
The return flow of short-term U. S. funds from the United
Kingdom which had started in June did not continue during
the fourth quarter, when the amount outstanding was about
as high as a year earlier. The repayment of short-term debts
15
by Japan which were another major factor in the inflow of
short-term capital during the third quarter continued during the fourth.
The outflow of portfolio capital seemed to have reached a
low point during the fourth quarter when new issues of
foreign securities consisted mainly of bonds sold by the
International Bank. The loosening up of the capital market
since then has made conditions more favorable for the sale of
new securities. In fact, several large issues were successfully
offered during the first months of this year and other issues
are expected.
RECEIPTS LOWER BUT FURTHER
ADJUSTMENTS EXPECTED
While U. S. payments, seasonally adjusted, rose from the
third to the fourth quarter of 1957, U. S. receipts declined
by nearly $400 million.
Receipts were raised by about $150 million in deliveries
of military equipment sold to foreign countries, but were
reduced by about $80 million by the postponement of interest
payments on the British loan. Foreign direct investments in
the United States, particularly Canadian, fell off. Foreign
sales of U. S. stocks exceeded purchases after a long period
of net purchases, but foreign holdings of U. S. corporate
bonds continued to rise.
Export decline accelerated
By far the largest factor in the reduction in foreign expenditures in the United States was the drop in exports of nonmilitary merchandise. As a result of the $340 million decline,
seasonally adjusted, exports during the fourth quarter were
more than $100 million lower in value than in the fourth
quarter of 1956, if exports during the latter period are adjusted to eliminate the extraordinary oil shipments resulting
from the closure of the Suez Canal.
Compared with the fourth quarter of 1956 agricultural
exports, mainly cotton and grains, were about $200 million
less and those of nonagricultural raw materials (other than
petroleum and products) about $100 million smaller. Exports
of finished manufactures, however, were higher than a year
earlier.
Machinery exports continued to rise about as much as in
the previous year, but exports of vehicles, including aircraft
and railroad equipment, did not show like strength.
Although exports were smaller than in the fourth quarter
of 1956, the adjustment does not yet appear to be sufficient
to reestablish a stable balance in the transactions between
the United States and the rest of the world, even should the
outflow of funds from the United States not be reduced by
changes in business conditions here, or by other developments.
Countries improving their balance of payments
Several of the major countries which experienced balance
of payments difficulties earlier in 1957 succeeded during the
fourth quarter in reestablishing an equilibrium in their
foreign transactions or made noticeable progress in that
direction. The previous imbalance in the foreign transactions of these countries was mainly due to an acceleration of
their foreign expenditures above the rise in their foreign
receipts, but for some countries it was further aggravated by
a movement of liquid capital, particularly to Germany but
also to the United States.
Important among the foreign countries improving their
balance of payments were the United Kingdom (reflecting
SUEVEY OF CURRENT BUSINESS
16
March
Table 2.—Balance of Payments of the United States
[Millions of dollars]
Western Europe
All areas
Line
1957
1956
Year p
1
I
Exports of goods and services, 26, 123 28,767
total.
Military
transfers
under
2,605 2,505
grants, net, total.
Other goods and services, totaL 23, 518 26, 262
Merchandise, adjusted, ex- 17, 321 19, 296
cluding military.
Transportation
1,619 1,849
Travel. .
705
769
Miscellaneous services:
Private
938
987
Government, excluding
121
135
military
Military transactions
156
364
Income on investments:
Direct investments .
2,160 2,302
Other private
304
360
Government. _
194
200
7,267
20
21
Imports of goods and services, 19,810 20,627
total.
Merchandise, adjusted, ex- 12, 791 13, 264
cluding military.
Transportation
1,432 1,438
Travel
1,275 1,358
Miscellaneous services:
Private
520
502
Government, excluding mili264
302
tary.
Military expenditures
.
2,910 3,114
Income on investments:
Private
464
447
Government
154
202
22
23
Balance on goods and services:
Total
Excluding military transfers,.
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
6,313
3,708
8,140
5,635
HI'
6,662
5,085
IV P
Year p
I
II
7,044
8,946
9,512 2,630 2,578 2,060 2,244
463
552
1,886
1,573
6,889 6,219
5,138 4,439
6,492
4,634
7,060
5,345
7,939 2,207 2,008 1,780 1,944
5,926 1,745 1, 536 1,289 1,356
423
570
280
242
32
108
9
15
34
50
879
622
968 247 250
676 185 178
229
150
242
163
32
18
108
93
9
7
15
7
34
31
50
48
421
170
706
66
794
77
214
16
216
20
187
21
177
20
58
7
243
33
235
34
249
34
260
34
390
34
396
41
97
11
97
10
94
10
108
10
16
1
17
2
11
3
11
1 "(*)
11
5
4
(*) (*) 00
4
39
68
214
49
227
12
13
45
157
590
95
51
591
90
65
625
96
38
277
68
125
280
74
124
64
14
34
70
23
23
72
16
46
74
21
21
5,018
5,290 5,269
5,050
6,559
6,854 1,669 1,853 1,697 1, 635 1,238
1,274 316 306
3,288
3,338 3,255
3,383
2,948
3,087
753
784
730
820
984
959 237 217
29
94
38
107
8
31
10
30
10
24
1
3
1
2
1
2
J
2
35
45
35
36
1
1
1
00 00
1
1
175
203
333
211
379
352
390
540
336
255
686
461
699
477
156
43
199
146
195
207
149
81
118
67
117
64
131
99
136
72
299
74
290
83
73
22
72
18
71
23
74
20
7
5
10
840
882
690
702
1,676
1,783
512
529
364
378
112
151
114
47
106
52
113
51
114
52
316
99
313
122
81
29
74
31
77
30
81
32
6
1
4
2,484 1,413
1,559 950
1,994
1,442
2,387
501
2,658
1,085
961
538
725
155
363
83
609 -359
309 -359
-448
-148
-27
-27
-70 -19
-34
50 -51 -36
-354
-185
-233 ~-7t -86 -20 -52 -35
8
25
17
22
8
-34
43
-87
-8
-84 -105
33
29
-379 -79 -115
-6
-40
-367
-8
-31J (*)
33
81
66
35
215
6f
-227 -139 -142 -12
302
1,078
24
17
383
709
—i
635 -226
542
339
170
128
-135
-28
137
16 -246
65
1,112
12
-398
237 -103
276
643
143 -365
325
386
89
-56
170
233
779 -81
324
142
79
61
79 -265
369 -110
118
54
(*)
4
1
00
1
1
(*)
1
(*)
62
10
9
1
7
1
314
338
69
64
19
16
16
13
241
264
65
61
18
16
14
13
10 """I
22
00
<•>
(->
2
(*)
00
00
1
(*)
1
1 (*)
(*)
(*)
-11
18
18
37
37
2
2
-26 -6 -9
-26 -6 -9
-6
-6
-5
-17 -4 -4
-4
-5
44 -10
44 -10
na -69 -56 -85 -96 -37
-306 -69 -56 -85 -96 -37
-33 -9 -9
-33 -9 -9
—7
—7
^ -6
-6
-13
-1
-1 (*)
18
-24
1
(')
(*)
1 (*)
—2 00
-15
-733 -247 -300
1,844
48
1
2
00
-8
-8
-300
-742
-456
288
-255
39
1 (*)
-800
601
58
«
-30
-48
-49
-31
-65 -10 -33
13
(*)
c -13
1
]
(*)
(*)
57
8 -13
11
c
1
(*)
(*)
(*)
(*)
00
(*)
8 -7
—9
9
8 -7
1 1 -21
— 11
6
1
-48 (*)
1
-8
-1
-2
(*)
-6 -21 -39
-57
-15
-15
29
1
00 00
Q
f.
c
1
(*)
1
-9
-9
1
2 (*)
00 — 14 -34
(*)
-1
(*)
(*)
(*)
I
254
99
-118
81
Gold sales (purchases (— ))
-306
-798
-348
-325 -27
-98
-79
-68 -31
47
Foreign capital and gold, totaL.
1, 538
-89
-350
310 -253
204
999
711 -112
692
761
na Not available.
321
322
327
-209
* Less than $500,000.
Source: U. S. Department of Commerce, Office of Business Economics.
25
(*)
16
2
43
-509
-269
68
37
-110
-99
-371
-553
128
54
' Revised.
55
8
496
79
46
-122
-171
-58
-91
II III' IV P
I
229
-880
p Preliminary.
Year p
III' IV P
968 247 250
United States capital, net (out- -3,606 -3, 996 -1,038 -1,558 -520
flow of funds (-)), total.
-2,980 -3, 035 -780 -1,366 -380
Private, net, total
Direct investments, net
-1,839 -1,973 -383 -986 -335
179
457
516
88
181
32
Redemptions
169
146
48
29
-319 -393
Other long-term, net
-2 -216 -65
Short-term, net.
_.
-534 -299 -243
-17
60
-626 -961 -258 -192 -140
Government, net, total
Long-term capital, outflow. _. -534 -986 -126 -131 -176
Repayments.
...
479
228 170
654
128
Short-term net
-571 -629 -260 -289 — 134
Errors and omissions and transfers of funds between foreign
areas (reciepts by foreign areas
II
879
439
244
Unilateral transfers, net (to foreign countries (— )):
-4,937 -4,816 -1,182 -1,558 -967 -1, 109 -2, 652 -2,209 -597 —739 -425
Total
Excluding military supplies -2,332 -2,311 -577 -673 -504 -557 -766 -636 -174 -169 -145
and services,
Private remittances
-503 -547 -147 -135 -132 -133
248 -264 -66 -63 -65
Government:
Military supplies and -2,605 -2,505 -605 -885 -463 -552 -1,886 -1,573 -423 -570 -280
services.
-1,695 -1,607 -390 -500 -334 -383 -466 -316 -94 -93 -66
-52
-56 -14 -13 -14
-41
Pensions and other transfers. -134 -157
-40
-38 -38
Foreign capital, net (outflow of
funds (-)), total
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
I
300
507
200
2,249
1,644
1957
956
Year p
482
155
46
48
III' IV P
Eastern Europe
1957
1956
7,774 6,682
885
605
1957
1956
II
Western European dependencies
66
-427
42 -88
106 -162
103
82
564
29
Q<
18
-31 00
-6
363 -110
-49
1
64
570
93 -46f
57
363
— 4 -11 -9
9 —4
(*)
16
C)
11
c
14
\
(*)
(')
(*)
x
(*)
— 14
C)
8
I^
379 100 102
29
-22
72
69
105
1
39
6f l 6
-1 (*)
10
1958
SURVEY OF CURRENT BUSINESS
17
>y Area, 1956 Annual and 1957 Annual and by Quarters
[Millions of dollars]
Latin American republics
Canada
1957
1956
Year v
5,265
5, 275
I
1,270
1957
1956
II
III'
IV P
1,470
1,316
1,209
Year P
1957
1956
II
I
International institutions
All other countries
IV P
III'
Year P
II
I
IV P
III'-
Year P
5,645
6,624
1,571
1,681
1,649
1, 723
5,262
6,202
1,519
1,759
1, 369
1,555
63
68
32
10
13
13
656
864
150
305
170
239
5,275
4, 114
5,265
4,013
1,270
1,005
1,470
1,136
1,316
963
1,209
909
5, 582
3,830
6,556
4,631
1, 539
1,069
1,671
1,172
1,636
1,153
1,710
1, 237
4,606
3,367
5,338
3,931
1, 369
1,068
1,454
1,102
1,199
845
1,316
916
119
390
132
415
32
80
33
111
35
140
32
84
366
216
410
238
102
51
109
58
101
72
98
57
370
26
456
31
118
6
132
9
104
8
102
8
116
121
3
32
27
1
31
1
31
1
209
29
228
28
56
7
53
7
59
7
60
7
159
55
169
63
41
15
42
16
42
16
44
16
C)
Line
1957
1956
84
ii
I
88
21
21
IV P
III'
21
25
1
2
84
25
21
6
88
26
21
7
21
5
25
8
3
4
5
6
44
11
44
11
11
11
7
8
1
1
9
41
15
13
6
7
14
12
5
2
3
2
46
82
11
11
13
47
341
146
(,)
371
169
(')
66
40
107
42
97
43
101
44
(*)
840
44
34
913
58
38
232
12
5
242
15
13
217
l
222
16
11
527
31
25
535
43
28
95
9
6
123
12
7
151
11
9
166
11
6
15
16
4
3
5
4
10
11
12
3,769
3,835
839
944
1,105
947
4,787
4, 913
1,308
1,185
1,179
1,241
3,341
3,605
860
974
916
855
47
82
7
12
42
21
13
2,913
2,936
680
738
762
756
3,775
3, 915
1,060
941
918
996
2, 106
2,306
540
642
590
534
14
116
316
114
340
28
28
28
69
30
190
28
53
359
363
313
387
83
99
80
95
77
104
73
89
242
40
274
46
58
10
62
12
78
14
76
10
15
16
25
5
27
4
7
1
7
1
7
1
6
1
174
64
169
65
33
17
8
50
16
52
15
17
79
10
84
4
21
3
21
2
22
1
20
259
292
66
70
83
73
27
35
11
7
9
835
851
219
227
199
206
115
20
96
26
23
6
24
7
25
7
24
6
16
9
18
11
4
3
1
5
2
11
11
16
18
4
4
3
4
6
5
3
5
1,506
1,506
1,430
1,430
431
431
526
526
211
211
262
262
858
795
1,711
1,643
263
231
496
486
470
457
482
469
1,921
1,265
2,597
1,733
659
509
785
480
453
283
700
461
37
37
6
6
14
14
9
9
-17
-17
12
-12
-13
-13
q
-3
-4
-4
-3
-3
2
—3
-225
-157
-70
-38
-41
-48
-35
-471
-321
-729
-424
-461
-291
-565
-326
-92
-92
-84
-84
-26
-26
-17
-17
-17
-17
^
-11
-12
-882
-962
(')
(X)
(z)
-1
00
-3
-252
-252
-125
-88
9
-30
-18
-3
-364
-363
-281
-78
12
-80
64
-1
-180
-86
-183
-114
-65
42
-59
13
-86
-41
-967
-544
-379
99
-115
-28
5
(*)
5
(*)
-884
-561
-233
88
-193
15
2
C)
491
188
46
154
14
93
-30
9
3
-38
-70
72
71
4
-16
433
128
8
78
71
35
18
-42
69
-6
1
183
-1,008
1
2
(*)
(*)
-718
41
-217
154
-312
14
— 42
14
(')
25
2
(«)
5
(*)
7
(*)
6
17
18
7
20
21
19
00
(x)
22
23
-24
-24
24
25
—7
-11
— 11
-8
-191
-204
-64
-10
-13
-13
-656
-864
-150
-305
-170
-239
-81
-9
-110
-10
-27
-4
-28
-2
-238
-19
-355
-19
-226
-19
-262
-20
-92
"-2
-33 -1,046 -1,081
-79
-2
-77
-84
-26
-17
-17
-24
28
29
-923 -1,444
-239
-238
-182
-54
-149
-21
-209
-62
-88
-3
-56
30
-238
-106
-65
14
-18
-63
-385
—307
276
-354
-71
-44
-29
4
51
-53
-167
—67
38
-138
-127
-32
-11
49
24
-8
1
-23
55
-103
—57
51
-97
12
-209
-62
-88
-4
-55
39
-27
-193
13
-29
(*)
-64
9
-7
(*)
-73
31
32
33
34
35
36
37
38
39
40
-418
-84
-239
-826 -1,299
-612 -1,008
-226
-129
-332
-588
-565
-554
-283
-216
21
-48
-49
—70
33
-12
-26
359
244
19
366 1
24
—4
33
21
12
3
!
i
-i
13
-4
-15
-1
-29
245
126
-39
85
112
47
28
-81
387
163
-138
-205
13
33
Source: U. S. Department of Commerce, Office of Business Economics,
3
2
(*)
1
13
-32
^
300
-285
-225
-109
2
-67
-51
-60
— 116
47
9
-165
-406
-192
-78
16
1
-153
-448
—290
51
-209
215
-623
10
i
-13
-12
5
38
— 173
194
-447
-98
23
14
7
65 !
-14
14
-15
-47
353
9
-99
-210
-854
10
-13
:
457389°—58
34
-68
3
-11
-3
-23
—62
52 1
-13
-147
5
-37
2
-24
-75
-13
—53
23
17
-26
2
-63
9
-123
-177
-145
—301
155
1
(*)
KC
-1,972 -2, 226
-43 -1,316 -1,362
1
54
33
-31
8
-63
-159
-97
— 118
126
-105
25
-24
—44
(*)
-5
-15
476
8
(*)
-184
-121
l
2
-212
71
-18
215
690
-436
688
(•)
-84
134
-50
Q
-24
-69
-55
-61
139
-133
—46
19
1
3
-2
1
-253
15
20
1
-238
364
15
47
—44
26
27
-89
-54
-17
(X)
-22
4
-60
— 122
48
14
-114
(X)
-33
—35
2
-348
4
1
70
-426
-14
-1
2
-2
110
Q
11
4
2
-169
(*)
66
106
-25
15
-28
-4
(*)
(*)
(«)
-15
-226
-626
-306
-307
-574
-718
-196
-315
-129
143
650
1,005
1
1
1
1
2
-1
-92
12
-91
(X)
270
411
-49
3
-9
(')
-1
-201
3
-144
7
41
2
42
5
44
43
(*)
-60
45
(•)
Q
-209
246
46
2
47
78
48
SURVEY OF CURRENT BUSINESS
18
in part the balance of payments of other members of the sterling area), Belgium, Netherlands, and Japan. These four
countries paid out during the year ended September 30, 1957,
nearly $2 billion more in gold and dollars than they received
(other than from the International Monetary Fund). During the fourth quarter the official reserves of the United
March 1958
Kingdom increased by $423 million (liquid dollar assets o1
all residents of the United Kingdom increased by nearly
$500 million). However, the rise was facilitated largely by
the $250 million loan from the Export-Import Bank and the
postponement of the annual service charges of about $180
million on the United States and Canadian postwar loans.
Table 3.—Balance of Payments of the United States with the Sterling Area, 1956 Annual and 1957 Annual and by Quarters
[Millions of dollars]
United Kingdom and other Europe
Total
Line
1957
1956
Year*
1
1957
1956
Exports of goods and services, total... nss
Military transfers under grants, net,
total
_
nss
Other goods and services, total
3, 530
Merchandise, adjusted, excluding
military
2,348
275
Transportation
38
Travel
Miscellaneous services:
297
Private
26
Government, excluding military.
12
Income on investments:
470
Direct investments
38
Other private
26
Government
nss
III' IV f
I
II
nss
nss
nss
Year »
nss
nss
I
III' IV v
nss nss nss
Other countries
1957
1956
II
nss nss
Dependencies
Year *
524
597
II
I
140
nss
nss
nss
nss
150
149
nss
158 1,357
nss
1,586
nss! nss
395 400
nss
372
nss
419
93
7
2
82
5!
2
92 1,031
5
81
1
11
1.248
116
12
320
30
2
318
31
4
290
28
3
320
27
3
4
10
(*)
(*)
62
16
8
65
16
8
15
4
1
16
4
1
16
4
1
18
4
5
56
128
8
12
98
10
13
20
2
1
18
25
5
I
35
3
4
190
812
1,043
238
335
249
221
144
6
20
676
26
9
869
30
10
196
7
3
291
8
2
207
3
175
8
2
1
2
20
15
4
19
75
2
25
102
1
6
24
26
7
24
6
28
1
1
1
1
1
1
nss
451
nss
426
nss
471
524
597
140
2,790
330
43
756
88
9
688
89
12
641
78
12
705
75
10
999
166
21
1,186
189
24
347
50
277
51
6
269
45
7
293
43
6
318
28
6
356
25
7
89
8
2
313
26
11
72
7
2
73
7
2
84
6
2
84
6
223
9
4
227
10
3
53
3
1
54
58
2
1
62
12
1
453
43
29
99 103
8 14
1 13
113
8
3
138
13
12
183
30
14
168
33
15
42
6
41
11
38
6
47 159
10
8 (*)
933
872 1,967
2,025
518
555
491
461
696
699
138
178
193
542
74
65
525
53
40
790
200
93
796
206
94
195
43
8
201
63
28
194
61
40
206
39
18
534
18
87
493
23
98
93
5
28
115
6
28
141
6
22
59
11
131
61
9
132
240
233
5
501
58
58
1
167 158
58
2
87
59
451
89
4
6
42
8
68
1
2
8
1
2
25
20
21
3,475 3,767 894 1,068
Imports of goods and services, total
Merchandise, adjusted, excluding
2,000 2,158 484 607
military.
244
77
Transportation
55
259
58
189
39
202
Travel
Miscellaneous services:
60
248
60
240
Private
9
9
38
Government, excluding military... 30
568
671 199 209
Military expenditures
Income on investments:
41
172
181
42
Private
6
7
15
27
Government
45
6
44
8
174
14
167
23
4
1
1
22
23
Balance on goods and services:
Total
Excluding military transfers
10
11
12
13
14
15
16
17
18
19
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
(*)
41
40
6
1
nss nss nss nss nss -172
10 -172
-170 -11 -104 -65
nss nss nss nss nsfe nss
14 176 -318
271 148 -67
Unilateral transfers, net (to foreign
countries (— )):
nss
Total.
Excluding military supplies and
-317
services .
-87
Private remittances - . . . ..
Government:
nss
Military supplies and services
-220
Other grants
-10
Pensions and other transfers
-284 -78 -76 -57 -73 -96
25
23 -49
-95 -23 -24
1C
-22
-81 -34 -15 -17
-50 -11 -13 -14 -12 -15
nss nss nss nss nss nss
-177 -52 -50 -29 —46 -40
nss nss
-24 -21
—7
United States capital, net (outflow
of funds (—)), total...
Private, net, total
_
Direct investments, net
ISrew issues
Redemptions
Other long-term, net
Short-term, net
Government, net, total
_
Long-term capital outflow
Repayments
Short-term, net
Foreign capital, net (outflow of funds
(-)), total
42
Direct and long-term portfolio investments other than United
States Government securities
43
Transactions in United States Government securities
44
Short-term liabilities to foreign banks
and official institutions
45
Other short-term liabilities.
41
nss nss nss nss
-525
-452
-333
-636 -162 -143 -18 -313 -271
-355
54
-213 -91 -147
6 -47 -261
-172 -38 -93
15
-116
4
9 (*)
13
(*)
29 -67
If -105
-19
11
45
4
-22
84
4 -72 -284
-423 -71
—4 -12 -26 — 27C
-312
34
108
16 121
192
or -35 -24
-303 -83 -105
13C
-130
450
8
180
132
42
— !{
456
63 1
-100
Gold sales (purchases (—))._
47
Foreign capital and gold, total
520
48
Errors and omissions and transfers of
funds between foreign areas (receipts
by foreign areas (— )), net
267
nss nss nss
-395
-169
-114
nss
nss nss
i
-1
-1 -2
-67 -106
-91 -105
42 -46
187
nss
nss
37
50
15
157 -207
76
492
15
30 -85
29
72 -229
234 -79
4 -21
92
69
470
41
-199
o
46
1
1
155 -232
If
-249
-251
8
84
157 -207
129
268
x
nss Not shown separately.
Less than $500,000.
*> Preliminary.
Source: U. S. Department of Commerce, Office of Business Economics.
(*)
172
135
44
74
15
41
30 -85
29
-1
79 -237
220 -99
IS —28
74
53
477
18
4
"7C
424
54
7
16
472
423
4
-282
213
223
108
49
28
279 -23
203
155 -232
nss nss
123 U8
nss
nss
nss
nss nss
nss
-176 -37 -54 -34 -51
-25 — 7 -6 -6 -6
-1
-1
-1
nss
-174
nss nss nss nss nss
-148 -29 -48 -27 -44
-1 — 1
-3 -1 (*)
-42 -11 -27
-43 -11 -28
-51 -8 -27
-4
_4
-5
11 (*)
q
1
(*)
-1
1
1
1
(*)
-12
—3
3
-2
-199
-1
—7
-13
13
17
-11
-198
-58
171
-311
27
12
20
1
-1
1
-84 -10
11 -14
-20
-13
4
9
17 (*)
-9
-95 ! ~4
\ -11
2 116
-93 -101
16
i
-2
-49 -56
23 -21
20 -19
(*)
(l)
o
2
1 (*)"
-72 ! -35
-24 -19
33 20
-81 -36
13 (*)
1 (*)
(*)
(*)
(*)
10 (*)
3
14
5
27
10
17 -10
-8
5
-2
15
4
12
20
27
16
-2
13
58
42
1
4
-1
-217
-59
-33
-25
15
8 -15
-1I
-158 i
-73
21
-106
4
(*)
7
(*)
(*)
492
nss
65
-199
-23
(*)
28
nss
157
-6
-5
(*)
496
nss
543
-6
1
423
(*)
-7
7
-27
-20
4
i
1
572
1 (*)
4
i
-7
-27
-2
(*) -100
(*)
450
12 -67
—47
8t
-8 -61
24
—226
—1
— 254
4
14
20
8 10 -4
2
1
2 -28 -44 -32 nss
2 -28 -44 -32 545
-6
35 -257 -37
-38
35
-9 -1" -39
44
1
1 (*)
-102
-102
25
3
(x\
13
620
46
nss
nss
(*)
42
nss
55
4
21
(*)
nss
III" I V *
nss
nss
507
1
II
158
nss
1,855
8
9
I
149
150
nss nss nss
947 1,048 1,649
5
6
Year »
III' IV P
nss nss nss
4,038 1,042 1,001
3
4
1957
1956
i
r
Revised.
70
171
28
43 -149
-195 -52
1 -53 -91
SURVEY OF CURRENT BUSINESS
March 1958
Another important factor was the return flow of liquid
capital following the tightening of the British capital market
and other actions designed to maintain the value of the
British pound. A further rise in British gold and dollar
holdings has occurred during the first quarter of 1958.
Both Belgium and the Netherlands recovered in the fourth
quarter some of the gold and dollar losses incurred earlier.
The decline in gold and dollar assets held by Japan slowed
down during the second half of 1957 and was finally reversed
in December. During the fourth quarter Japan had a
small gain.
Just as the balance of payments difficulties of these countries during the latter part of 1956 and the first three quarters
of 1957 reflected their transactions with all countries, the
improvement during the last quarter of 1957 was due to
changes in their general balance of payments, not only in
their transactions with the United States.
United States merchandise exports to these four countries
during the fourth quarter of 1957 were about $170 million
less than a year earlier. This amount was equivalent to
about three-fourths of the drop in total U. S. exports between
these periods although the share of these four countries in
total exports during the last quarter of 1956 was about 20
percent. (A part of this decline was in oil exports.)
Countries experiencing continued
19
of payments difficulties were aggravated by a weakening in
the market for their principal export products. Altogether,
this group of countries had a loss of gold and dollars during
the fourth quarter of 1957 of about $400 million, a small
part of which may be considered to be seasonal.
Some of these countries have already taken measures to
reduce their imports, and exports from the United States
during the fourth quarter of 1957 to France, Spain, Indonesia,
Pakistan, Uruguay, and Chile were smaller than a year
earlier. To some countries having balance of payments
difficulties, U. S. exports were higher than a year ago—
notably to Brazil, Cuba, and Colombia. For the group as a
whole, however, downward adjustments in their imports
should be expected unless their foreign exchange receipts
are increased. On the other hand, a further decline in their
exchange receipts would necessarily increase the need for
further retrenchments of their expenditures. To a certain
extent such adjustments will also affect exports from the
United States.
During the fourth quarter of 1957, the group of countries
experiencing balance of payments difficulties absorbed about
$900 million of our exports, about $50 million less than in
the corresponding period of 1956.
Countries not having payments
difficulties
Several countries which experienced balance of payments
difficulties during the earlier part of 1957 did not succeed in
improving their position, and in some countries the difficulties increased.
Countries which continued to pay out more gold and dollars than they received (except for drawings on the International Monetary Fund) included France, Spain, Argentina,
Brazil, Peru, the Philippines, and, after an interruption of
several months, also Colombia.
Other countries have more recently developed weaknesses
in their gold and dollar position. Among these were Cuba,
which had a larger deficit during the fourth quarter than
during the corresponding period in previous years, and
Indonesia. Countries which have experienced declines in
reserves held in other currencies include India, Pakistan,
New Zealand, Uruguay, Chile, and Egypt. Most of these
countries lost reserves mainly because of a rise in their
foreign expenditures resulting from an increase of consumption and investments above their capacity to produce. In
some countries political disturbances may have contributed
to the loss in reserves, and in some countries the balance
difficulties
Recent changes in our foreign transactions, particularly
the decline in merchandise exports during the fourth quarter,
were not limited to countries having balance of payments
difficulties. Exports to Canada have declined from the
last quarter of 1956 to the last quarter of 1957 by about
$170 million, or 16 percent. Exports to Germany, Italy,
and Switzerland were also smaller than a year earlier and
by an even larger amount below the peaks which were
reached earlier in 1957. Also, the rise in exports to these
three countries from the third to the fourth quarter of 1957
was less than in most years since 1950.
The fall in exports to Canada can be attributed to the
decline in business activity in that country. The decline
in exports to the three Western European countries since
the early part of 1957 was in part due to a decline in cotton
and oil exports. However, the less than seasonal rise from
the third to the fourth quarter of this year, may also reflect
the fact that business activity in these countries did not rise
with the same vigor as a year earlier.
Another group of countries, generally not affected by balance of payments difficulties, continued to increase their pur-
Table 4.—United States Balance of Payments with Western Europe* Seasonally Adjusted, 1955-57
[Millions of dollars]
19 55
I
II
19 57
1956
III
IV
I
II
III
IV
I
II
2,006
2,165
2,164
1,758
1,744
1 773
1,844
1 947
2,007
2,165
United States receipts, total
Merchandise exports
.
_
_ __
Services and military transactions..
Foreign long-term investments in the United States
1,542
1,048
1,487
1,017
1,669
1,138
1,575
1,110
1,567
1,098
1,901
1,325
1,973
1,395
Balance (net United States payments ( — ))
-216
-257
-104
—269
-380
-106
-192
United States payments, total
Imports of merchandise. .__
Military expenditures
Other services
Remittances and pensions. _
. ._
Government grants and related capital outflows (net)
United States private and other Government capital (net)
*Excluding military grant-aid.
Source: U. S. Department of Commerce, Office of Business Economics.
_ _ . ..
.__
544
391
403
65
404
-49
413
81
565
417
427
66
234
35
413
57
621
425
448
69
241
-31
414
117
668
414
462
68
226
6
427
38
719
458
475
74
182
39
420
49
716
466
485
74
223
43
455
121
740
375
485
72
207
286
456
122
773
377
490
80
180
106
760
518
489
80
228
90
781
466
486
74
212
145
III
IV
1,781
2,113
775
403
508
83
121
-109
2,002
1,527
2,247
1,624
2,176
1,553
2,015
1,452
505
118
505
58
-4
82
12
234
384
91
481
142
771
396
501
83
192
170
1,825
1,297
522
6
-288
SURVEY OF CUREENT BUSINESS
20
chases in the United States. Most important in that group
is Venezuela. Exports to that country during the fourth
quarter of 1957 were by more than $100'million or 50 percent
higher than a year earlier. During the fourth quarter of 1957
Venezuela was the largest foreign market for U. S. merchandise after Canada. Although Venezuelan expenditures during
the fourth quarter exceeded receipts by nearly $60 million,
the corresponding decline in reserves is small in comparison
to the $800 million rise during the preceding year and could
be sustained for a considerable period.
In comparison, the rise in exports to other countries which
may be included in this group—such as Mexico and the Union
of South Africa—was relatively small. The reserves of these
two countries, while probably adequate, have also been
declining during the last year.
For transactions with Western Europe as a whole seasonally adjusted data are published in table 4 for the first time.
They show for the fourth quarter net U.S. payments of nearly
$300 million in contrast to net U. S. receipts of about $230
million during the previous quarter. The balance during the
fourth quarter was well in line with the experience before the
Suez crisis, and in fact somewhat more favorable for Europe.
Again, the favorable balance for Europe was partly due to the
new loan to the United Kingdom and the postponement of
the service on the British postwar credits, but this was in part
March 1958
offset by large military purchases, mainly by Germany. Excluding these transactions the balance of payments between
the United States and Western Europe has not yet returned
to the pre-Suez position.
Summary of current position
Fourth quarter developments indicate, therefore, that a
large part, but not all, of the adjustments in foreign purchases
from the United States which were necessitated by balance
of payments difficulties have been accomplished. Some adjustments still have to be expected even if the outflow of dollars from the United States remains at the fourth quarter
rate. Some decline in foreign demand may also be anticipated
if business activity in certain countries, particularly Canada,
but also in Europe and possibly Japan, continues to slacken.
Some of the countries which have increased their purchases
here during the last half of 1957, may well sustain them for
some time, but they may not be in the position to continue
the increase and thus offset the decline in purchases by other
countries. A decline in the outflow of dollars would require
further reductions in the expenditures by those countries
which already have adjusted their imports to their present
foreign exchange receipts and would increase the problem of
those which still have to accomplish such adjustments.
The 1958 Business Expectations Survey
(Continued from page 12}
revised upward considerably if prospects improve and financing and supplies are available. Furthermore, not all projects which may be started in a particular year have reached
a stage by early March which would permit them to be included in a schedule of starts.
The new information, when used in conjunction with the
data on actual and anticipated expenditures, should eventually help in interpreting and analyzing the regular series.
Obviously, since this survey provides a breakdown of anticipations whose parts have not yet been tested for firmness,
considerable experience will be required in building up and
evaluating these new data before they can be most profitably
utilized. Table 5 presents data for manufacturing and
public utilities on the composition of the 1958 capital expenditure programs and the total completed cost of work
started in 1957 and 1958.
Of the $13.2 billion that manufacturing companies expected to spend this year, as of February, about $6 billion
is required to complete projects started prior to 1958, while
approximately $7 billion is expected to be spent on new work
started in 1958. When completed this new work is estimated
to cost some $10 billion. Last year it is estimated that
manufacturers started projects with a total cost of about
$14 billion.
REVISED SERIES—Production of Electric Energy in 1956: Revised Data for Page S-26
[Millions of kilowatt-hours]
Electric utilities
Total
Month
By source
Total
Fuels
January
February
March
April
May
June
._
_ _ .._
_
_ _
-_
July
August
Septem ber
October
November
December
Monthly average
Source: Federal Power Commission.
Industrial establishments
By type of producer
Waterpower
By source
Privately and Other producers
municipally
(publicly
owned utilities
owned)
Total
Fuels
Water
power
58, 450
54, 863
57, 694
54, 540
56, 413
56,545
51, 136
47, 927
50, 333
47, 436
49, 133
49, 485
41, 775
37, 298
38, 551
35, 883
37, 443
39, 427
9,362
10, 629
11, 783
11, 553
11, 690
10,058
41, 783
38, 619
40, 505
38, 309
39, 785
40, 299
9,353
9,308
9,829
9,126
9,348
9,186
7,314
6,936
7,360
7,104
7,280
7,060
7,083
6,662
7,056
6,791
6,956
6,774
231
274
304
313
324
285
55, 392
58, 657
55, 691
58, 544
57, 859
60, 157
49, 570
52, 198
48, 769
51, 130
50, 651
52, 898
39, 662
42, 671
39, 810
41, 888
41, 336
42, 896
9,909
9,528
8, 959
9,242
9,316
10, 003
39, 809
42, 321
39, 463
41, 795
41, 227
43, 104
9,761
9,877
9,305
9,336
9,424
9,794
5,822
6,459
6,922
7,414
7,207
7,259
5,566
6,237
6,700
7,170
6,951
6,982
256
222
222
243
256
277
57, 067
50, 056
39, 887
10, 169
40,585
9,471
7,011
6,744
267
BUSINESS STATISTICS
Wlontki
JL HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1957 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
Data from private sources are provided
1957
February
January
March
April
May
June
1958
July
Novem- DecemOctober
August September
ber
ber
January
February
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income total
bil of dol
Compensation of employees total
AVapes and salaries total
Private
Military
Government civilian
Supplements to wages and salaries
do
do
do
do
do
do
Proprietors' and rental income totaled
do
Business and professional <j^
do
Farm
do
Rental income of persons
do
Corporate profits and inventory valuation adjustment total
bil of dol
Corporate profits before tax total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Inventory valuation adjustment
do
355 6
358 5
362 6
251 1
235 9
196 8
9.6
29.4
15.3
254 0
238 6
199 1
9 7
29.7
15 4
257.0
241 3
200.9
9.8
30.6
15.7
255 3
239 5
199 1
95
30.8
15 8
50 9
28 4
12 0
10.4
51 2
28 7
12 1
10.4
51.7
29 1
12 2
10.4
51
28
12
10
41.2
43 9
22.4
21 5
—2.7
40.7
42 0
21.4
20 5
-1.3
40.9
41 8
21.3
20 4
-.9
3
6
2
4
do
12.5
12.7
13.0
13 3
_do
429.9
435.5
440.0
432.6
Personal consumption expenditures total
Durable goods
Nondurable goods
Services
do
do
do
do
276.7
35 9
137.3
103.4
278.9
35 0
139. 1
104.9
283.6
35 0
142.5
106.1
282
34
140
107
4
4
8
2
Gross private domestic investment total
New construction
Producers' durable equipment
Change in business inventories
do
do
do
do
63 6
32.8
30.7
66 2
32.7
30.5
2.9
66 5
33.0
30.5
30
61
34
30
—2
3
0
0
7
Net interest
Gross national product, total
o
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
4.1
3.5
3.2
85.6
50 3
45.5
35.3
86.9
51 1
46.3
35.8
86.7
50 6
45.8
36.1
87
49
45
37
20
0
7
o
3
Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income
do
do
do
338 3
42.2
296 1
343 2
42.9
300.4
346 9
43.6
303 3
345 5
43 4
302 1
Personal saving§
do
19 5
21.4
19.7
19 8
_
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
bil. of dol__
336.3
338.5
340.2
341.1
343.2
345.1
346.3
347.3
347.2
346.8
346.2
343.6
343.6
341.8
do
do
_.do
. do
do
234.5
101.4
62.0
32.2
38.9
235.9
102.0
62.4
32.4
39.1
237.2
102.3
63.0
32.6
39 3
237.1
102.4
62.7
32.9
39 1
238.3
102.4
63.4
33.0
39.5
240.1
103.3
63.8
33.2
39.8
240.9
103.0
64.5
33.4
40 0
241.7
102.8
64.7
33.7
40 5
241. 5
102.2
64.8
33.9
40.6
240.1
101.3
64.3
34.0
40.5
239.5
100.9
64.2
34.1
40 3
238.8
99.8
64.4
34.2
40 4
'r237. 0
97.6
r
64.8
r
34.
2
r
40 4
234. 8
95.2
64.7
34.4
40 5
7.7
50.6
30.7
19.5
7.8
51.0
30.8
19.7
7.8
51.1
30.9
20.0
7.8
51.1
31.0
20.8
7.8
51.1
31.2
21.6
7.9
51.2
31.2
21.5
7.9
51.7
31.4
21.3
8.0
51.7
31.6
21.2
8.0
51.7
31.6
21.2
8.0
51.7
31.7
22.1
8.0
51.2
31.7
22.6
8.0
50.9
29.7
23.0
7.9
'50. 5
31.7
23.3
7.8
50.7
31.8
23.5
6.7
6.7
6.8
6.7
6.8
6.8
6.9
6.9
6.8
6.8
6.8
6.8
331.0
331.3
322.7
324.5
331.3
320.7
325.3
327.5
329.3
330.5
Total nonagricultural income
do
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.
330. 3
327.6
Wage and salary disbursements, total
Commodity-producing industries
Distributive industries
Service industries
Government
Other labor income .
_ __
do _
Proprietors' and rental income
__do
Personal interest income and dividends
do
Transfer payments. _ _
do
Less personal contributions for social insurance
bil. of doL _
r
6.8
6.8
327. 6
325. 6
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 105
1957
January
1
FebruAT T
.„
! March
April
May
June
1958
July
O lf ,i-A, . Novem- DecemAugust Septem'
ber
ber
ber
January
Febru
ary
GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries _ _ . .
mil. of doL-
8,282
9 590
9 357
Manufacturing
Durable-Roods industries
Nondurable-goods industries
do
do
do. _ ..
3. 505
1, 759
1, 746
4, 183
2 063
4. 010
1 995
2, 015
Mining
Railroads
_
- Transportation, other than rail..Public utilities
..Commercial and other
do
do___
do_ _ .
do
do
300
342
358
1, 205
2, 572
3*>7
362
478
1 510
9 730
314
358
447
1 790
2 508
36.89
37 03
_
_
_ _
Seasonally adjusted quarterly totals at annual rates:
All industries
bil. of dol
Manufacturing
_
Durable-goods industries
Nondurable-goods industries
._
.__
Mining
Railroads
- Transportation, other than rail
Public utilities
Commercial and other
9 }90
i r 9 733
r
r
4, 261
2 148
' 2 113
- 302
r 334
' 488
r \ 7f,()
T 2 r)88
i r 36 23
-do. ..
...do ..
do
16.12
8.09
8 03
16 25
8 31
7 ^4
16. 37
8 23
8 14
- - ---do
do ._
do ._.
-do
._ _
do
1.35
1.42
1.52
5.72
10. 76
1
1
1
5
10
1 24
1 54
1.81
6 64
10. 15
28
35
82
Q3
40
T
15. 27
r 7 57
r 7 70
r 1 15
' 1 26
' 1 91
r 6 43
' 10.21
FARM INCOME AND MARKETINGS!
Cash receipts from farming, including Government
payments total
mil of dol
Farm marketings and CCC loans, total
do ...
Crops
do
Livestock and products total 9
do
Dairy products
- do
Meat animals
_
-do
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
.
1947-49=100
Crops
do
Livestock and products
- - do
Indexes of volume of farm marketings, unadjusted:
All commodities
1947-49—100
Crops
. . do _
Livestock arid products
_
do
INDUSTRIAL
2, 615
2 049
1 909
1 950
2 057
o 3] i
2 610
2 715
2 954
3 610
3 267
2 981
2, 571
1,187
1,384
373
766
215
2,018
802
1 216
352
627
208
1,880
576
1 304
398
645
1,928
557
1 371
393
711
231
2, 036
566
1 470
' 433
759
232
2 070
1 323
' 415
654
290
2 441
1 018
1 4?3
'394
776
230
2 579
1 103
1 476
381
824
253
2,847
1 364
1 483
365
831
267
3, 510
1 804
1 706
375
1,003
306
3 205
1 687
1 518
363
826
312
2 933
1 473
1 460
377
751
307
105
110
102
83
75
89
54
96
79
52
101
84
53
108
85
69
97
100
95
104
106
103
108
117
127
109
144
168
125
131
157
111
120
137
107
120
113
126
97
78
111
90
52
118
90
46
123
96
49
132
97
70
118
111
97
122
116
106
124
130
135
126
167
190
149
151
178
130
144
148
148
144
143
145
135
145
146
' 146
141
147
'T 148
159
129
134
156
r 144
128
134
160
'r 148
160
128
134
153
T
131
149
117
PRODUCTION
Federal Reserve Index of Physical Volume
Unadjusted, combined index
_
_
1947-49=100
r
146
164
146
160
170
149
167
148
160
167
'149
166
144
154
167
146
163
140
147
175
181
136
'174
'157
'206
185
138
177
160
210
184
138
177
161
208
225
174
98
624
173
118
104
148
136
231
178
113
630
174
119
112
151
137
do
do _ _
do
._ -do _
do
_
do
-do -
128
101
104
'138
95
90
86
-do
do
-do _
do
do __ - d o _ _ _
do
-do _ _
110
102
108
74
113
102
157
158
Manufactures
_
- do
Durable manufactures
do
Primary metals 9 _ _ _ _ _ _ _ _ _ _ _ - d o
Steel
do
Prim arv nonferrous metals _ _ _ _ _ _ do
Metal fabricating (incl. ordnance) _ _ _ _ _ -do
Fabricated metal products
do
Machinery.
_
_ ._
do _ _
Nonelectrical machinery
._ _ _ _ d o __
Electrical machinery
_ _
- do
Transportation equipment 9
Autos
_
-.-Trucks
Aircraft and parts
Instruments and related products
Furniture and fixtures
Lumber and products
Stone, clay, and glass products.. _ _
Miscellaneous manufactures
Nondurable manufactures
Food and beverage manufactures..
Food manufactures 9
Meat products _ _ _
Bakery products
Beverages
_
Alcoholic beverages
Tobacco manufactures
Textile-mill products 9
Cotton and synthetic fabrics
Wool textiles
Apparel and allied products Leather and products _ _
Paper and allied products
Pulp and paper
-
_
_
_
_
do
do.
_
do
do
-do. _
do
do
do . _ _
_
do
r
134
132
p 131
121
126
159
133
143
v 133
P 140
p 99
p 94
p 158
173
142
170
145
220
174
139
165
140
215
166
133
r
157
' 138
' 194
194
84
84
597
174
r
126
121
162
150
198
88
92
592
172
r
125
119
161
148
213
171
' 100
569
172
r
121
106
152
143
'203
151
' 95
T 571
170
r
!20
92
145
134
134
122
123
118
103
'T 120
102
135
128
131
130
102
' 118
' 108
T
r 131
r 123
120
101
' 105
82
T
116
112
165
157
118
101
' 107
79
' 109
105
163
153
144
159
135
142
172
146
162
136
140
167
'137
151
118
128
157
179
140
169
157
194
174
136
166
154
189
176
139
168
153
197
167
134
158
146
183
174
141
'167
143
'213
174
145
173
149
220
228
171
109
633
174
119
112
153
139
223
155
120
633
174
117
117
155
137
214
144
113
614
171
115
118
158
137
217
156
119
615
171
118
131
159
139
205
134
103
609
168
116
105
150
131
209
148
103
606
172
124
125
163
144
131
103
104
133
96
97
93
' 132
105
104
131
96
'106
' 129
104
102
123
98
T
111
' 103
129
108
104
124
99
120
108
130
116
111
120
102
' 138
' 123
122
' 116
114
116
104
' 122
T
105
114
105
111
81
'120
115
161
160
111
105
'112
79
' 123
115
163
159
104
* 102
103
78
r
114
106
161
159
113
100
107
81
112
98
158
157
121
' 99
'104
87
r
110
105
161
155
102
' 86
'86
67
96
92
139
132
r
r
111
r
r
r
r
r
r
r
135
147
106
107
161
r
r 160
r
r
137
' 125
126
140
101
r
121
T
117
T
r
r
119
103
106
71
112
104
170
163
r Igg
113
r IIQ
133
101
T 105
r 100
110
r
r
160
161
r 127
r
r
154
134
r 1Q2
r
197
132 i
r 92 i
r 569 ;
r
165 1
r
113
p
P
P
p
f
157
122
149
131
183
P 193
p 122
P 94
P 558
p 159
p 112
98
r 137
r
107
109
131
101
99
89
125
124
102
105
134
98
p 133
P 127
P 126
87
r 98
r gg
T 107
65
r 97
55
r 1Q7
r gQ
99
163
156
r 137
94
140
139
T 142
136
144
r
143
142
140
134
Printing and publishing
do
136
144
146
145
r 183
184
186
184
186
184
179
174
Chemicals and allied products _
_ _ _ - do _
181
290
185
187
r
207
205
206
206
206
200
195
Industrial chemicals
__
do __
200
205
208
203
198
145
148
139
137
139
139
139
Petroleum and coal products
do
144
144
139
136
138
154
160
149
145
147
148
Petroleum refining _ _
-do _ _ _
146
152
152
145
147
153
148
147
148
135
132
112
133
Rubber products
do
135
145
139
135
114
' Revised.
» Preliminary.
1
Estimates for the 1st and 2d quarters of 1958, based on anticipated capital expenditures of business, appear on p. 12 of this issue of the SURVEY.
9 Includes data not shown separately.
tRevised annual data for 1951-56 (monthly, January 1954-May 1956) for farm income and marketings appear on p. 23 of the November 1957 SURVEY; those for the indexes of
and volume of marketings will be shown later.
10]
r 99
94
102
56
152
150
136
p T37
183
195
136
151
122
p 133
cash receipts
SURVEY OF CURRENT BUSINESS
March 1058
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-3
1958
1957
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume — Con.
TJnad justed index — Continued
M in orals
1947-49 = 100
Coal
.
do
Crude oil arid natural gas
, - _do__
Metal mining
do
Stone and earth minerals
do
Seasonally adjusted, combined index
do
'131
85
158
91
128
r
145
r
131
87
157
98
129
131
88
156
95
133
131
83
155
111
137
146
145
' 144
147
' 163
137
145
160
134
132
82
153
135
145
' 131
88
145
1 50
148
123
65
145
137
149
130
86
145
139
' 155
130
86
147
137
' 153
129
87
146
124
' 152
122
80
144
92
' 143
'122
73
'148
82
' 138
144
' 145
' 145
145
144
' 142
139
145
' 160
132
' 147
' 163
132
' 147
' 162
' 134
147
163
136
146
160
131
' 1 43
' 156
128
141
' 154
121
r
121
72
' 148
84
131
»118
p68
p 146
' 135
133
v 130
137
' 146
' 107
' 134
143
'99
pl31
P137
p95
do
do
do
' 163
143
147
164
1 43
do
. _ do
do
do
do
' 178
137
' 172
154
••206
180
138
' 173
155
' 206
179
' 138
172
155
204
176
' 138
'167
'152
196
' 176
'138
168
152
199
' 179
139
171
' 153
' 207
' 179
141
173
152
' 215
178
140
' 172
'151
' 215
' 176
' 139
170
' 150
' 209
' 172
' 137
' 164
' 148
' 197
170
' 141
' 163
' 143
'203
' 163
135
' 156
' 137
' 194
'159
' 128
' 152
' 132
' 192
p 153
P122
P 145
P127
P 179
do
do
do
do
do
do
do _
'218
'132
173
' 119
114
155
140
r 922
'219
' 131
173
' 119
' 115
155
'140
'216
' 124
172
' 120
' 115
155
' 141
'216
'127
'173
' 120
' 117
' 157
' 141
'220
' 132
'173
121
125
' 1 56
142
'216
'128
173
' 122
' 113
155
141
'216
' 131
' 174
' 1 23
' 116
' 159
'143
r 9]9
' 136
174
118
' 115
155
'137
' 129
'173
' 122
' 112
159
'143
'208
' 126
170
' 120
' 109
' 155
'140
'203
' 125
170
' 118
' 107
'151
'136
'
'
'
'
'
'
'
'
v
P
P
P
Nondurable manufactures
Food and beverage manufactures
Food manufactures
Beverages
_ _
Tobacco manufactures
Textile-mill products
Apparel and allied products
do
do
do
do
do
do
do_ _ _
••130
111
111
113
'110
••101
'110
131
113
113
111
••114
101
110
131
' 114
' 114
115
111
101
'112
' 130
'112
'112
'109
109
' 100
' 112
' 131
' 112
'112
' 112
110
' 100
113
' 131
' 114
' 113
' 116
' 112
100
113
' 131
'113
' 114
108
114
' 101
113
' 132
113
' 112
'113
' 111
' 101
'112
' 131
113
' 112
'113
' 114
101
' 112
1,30
'112
111
'112
' 110
'98
110
128
110
110
'110
107
95
'107
127
'114
113
118
106
91
'104
Leather and products
Paper and allied products. _ _.
Printing and publishing
Chemicals and allied products..
Industrial chemicals
Petroleum and coal products _ .
Rubber products
do
do
do
_ do - _
do
do .
do
r 101
r 104
159
141
'183
' 203
••146
r
138
157
141
183
'203
143
r
141
' 105
157
141
182
202
141
' 145
' 105
156
'140
'182
'202
142
'132
' 104
158
'141
185
'204
142
' 134
106
159
141
'184
'204
'139
' 135
' 105
156
140
185
205
'142
' 136
' 106
163
141
186
' 206
'143
' 141
'104
161
142
185
207
' 141
' 138
' 103
161
142
185
206
139
' 135
'103
162
' 141
'184
'201
'135
'131
100
152
142
181
196
137
116
154
' 140
181
193
' 133
115
131
'81
154
120
142
' 132
87
154
122
142
'132
92
' 151
121
143
'131
87
i51
130
'83
153
'114
142
127
86
146
'121
142
' 128
'84
' 148
' 122
143
129
84
149
'121
'146
129
82
151
' 115
144
'127
80
151
'107
'143
'123
77
' 145
'100
' 140
122
70
' 146
110
141
' 121
'68
' 144
110
146
p 119
P 68
v 143
Manufactures
Durable manufactures
Primary metals
_.
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery, .
Electrical machinery
Transportation equipment
Autos, trucks, and parts
Instruments and related products
Furniture and fixtures
Lumber and products
Stone, clay, and glass products
Miscellaneous manufactures.
Minerals
do
Coal
_ . . .-do
Crude oil and natural gas
do
Metal mining
_ _ ___ .__ _
_ ..do Stone and earth minerals.
_ __do
CONSUMER DURABLES OUTPUT
Unadjusted, total output.
1947-49=100 M ajor consumer durables
Autos
Major household goods...
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables
Seasonally adjusted, total output
147
r 121
140
192
109
165
114
108
' 143
' 129
126
112
112
' 118
p 115
'124
132
119
110
P 119
v 122
187
' 102
p 104
121
132
124
' 117
P in
' 126
118
'134
'111
129
215
112
' 142
154
132
'112
130
199
111
' 131
140
' 125
'111
116
188
109
' 122
127
120
111
p 113
P 115
124
131
116
132
119
119
140
155
128
113
131
159
107
131
144
122
108
125
153
106
140
156
129
110
131
180
108
121
134
110
105
105
143
106
139
148
133
'116
109
256
116
118
84
150
119
141
268
121
119
88
'148
'118
133
282
120
do
137
138
134
124
124
129
129
133
129
147
169
130
114
128
181
114
149
167
134
113
137
189
114
144
159
132
113
133
185
111
131
141
124
114
119
167
109
131
139
126
112
119
186
108
137
144
133
113
123
226
108
137
134
142
118
126
259
111
141
145
'139
'117
123
248
114
'135
129
'141
115
134
237
116
180
' 106
57.9
57.4
56.2
56.4
56.8
56.4
57.4
57.0
56.3
55.7
54.7
54.5
53.7
29.5
14.8
14.7
28.4
14.2
14.2
28.7
14.3
14.4
28.6
14.3
14.3
28.1
14.2
13 9
29.0
14.6
14 5
28.6
14 3
14 3
28.2
14 1
14 1
28.1
13.9
14.1
27.2
13.5
13.7
26.7
13.1
13 6
26 3
12 6
13 6
Wholesale trade, total.
Durable-goods establishments
_
Nondurable-goods establishments
do _ _ .
do
do
11.6
4.6
7.1
11.5
4.4
7.1
11.4
4.4
7.1
11.3
4.2
7.1
11.5
4.3
7.2
11.4
4.3
7.1
11.4
4.3
7.1
11.4
4.2
7.2
11.2
4 1
7. 1
11.0
3.9
7.0
10.9
3.9
7.0
10.9
3.8
7.1
10 7
38
6.9
16.3
5.7
10.6
16.4
5.7
10.6
16.3
5.7
10.6
16.4
5.6
10.7
16.6
5.8
10.9
16.8
5.8
11.0
17.0
5.8
11.2
17,0
5.7
11.3
16 9
57
11.2
16.7
56
11.1
16.6
5.6
11.0
16.9
5.6
11.3
16 7
55
11 2
89.3
89.6
89.9
90.1
90.6
90-7
91.0
91.3
91.3
91.1
91.0
'90.7
90.0
52 A
30. 6
21.8
52.9
31.0
22.0
53.3
31.2
22.1
53.7
31.5
22.2
53.9
31.6
22.3
53.9
31.4
22 4
54 1
31.7
22 A
54 2
31 7
22. 5
54 2
31.8
22.3
54 1
31 8
22.3
53 9
31 5
22.4
' 53 5
' 31.1
22.4
52 9
30 6
22.3
12.9
6.5
6.3
12.8
6.5
6.3
12.8
6.5
6.3
12.8
6.5
6.3
12.7
6. 5
6.2
12 7
6.6
6.1
12 7
6.7
6.0
12 8
6. 7
6. I
12 8
6 7
6 1
12 8
6 7
6 1
12 8
6 7
61
12 7
6 6
61
12 6
6 6
60
Manufacturing and trade inventories, book value, end
of month (seas, adj.), total
bil. of doL
M anufacturing, total
Durable-goods industries.
Nondurable-goods industries
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments
do
do
do._.
do
do
_. do. _ _
p 131
132
151
'118
' 114
102
176
106
130
155
171
143
116
151
196
111
_ do
do
do
p 139
124
142
157
178
140
116
144
201
112
30.0
14.9
15.0
_ _
p 125
141
143
149
174
129
113
125
188
110
do. _
do
do
_
p 137
p 127
93
M anufacturing, total
Durable-goods industries _ _ _ _ _
Nondurable-goods industries
Retail trade, total. _
Durable-goods stores
Nondurable-goods stores
186
102
1 59
111
'153
171
138
' 115
121
259
114
137
do.. .
do
do
do
do
do
do
M ajor consumer durables
do
Autos
. _._
do
M ajor household goods
do
Furniture and floor coverings...
do
Appliances and heaters
do
Radio and television sets.
_ do. _.
Other consumer durables. _ _
do
BUSINESS SALES AND INVENTORIES^
Manufacturing and trade sales (seas, adj.), total
bil. of dol_.
194
113
168
116
103
'148
'131
P 106
94 3
24 3
24.0
Retail trade, total
do
23.9
23.7
23.7
23 9
24 1
24 1
24 5
24 4
24 2
24 5
10.7
10.6
10.8
10.7
10.8
Durable-goods stores
do
10 8
10 8
11 0
11 2
11 4
11 1
11 3
10 9
13.2
13.0
13,2
Nondurable-goods stores
do
13.1
13.1
13.2
13.3
13.3
13.2
13.1
13.3
13! 1
13.2
' Revised.
p Preliminary.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S~l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on p. S-4; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
JData beginning January 1951 for wholesale trade (not published in the 1957 edition of BUSINESS STATISTICS) appear on p. 32 of the August 1957 SURVEY; those for January 1948-December 1950 are available upon request.
SUEVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 195*
1957
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
28, 928
14, 363
2,574
1, 463
4,080
27 869
13, 975
2 374
1,438
4 171
29 815
15,033
2 592
1,551
4 485
29 010
14, 768
2 481
1,642
4 355
29 116
14, 833
2 425
1,585
4 425
28 278
14, 590
2 484
1, 552
4 459
27 196
13, 336
2 068
1,491
3 970
29 063
14 231
2 262
1 632
4 134
28 171
13, 664
2 200
1 631
4 293
29 532
14, 386
2 336
1,688
4 406
3,611
989
646
1,000
3,467
941
628
956
3 590
1 010
740
1,065
3,489
995
728
1,078
3 496
975
799
1,128
3,187
1 027
763
1,118
3 193
868
721
1,025
3 256
1 031
793
1 123
2 750
995
695
1, 100
3 003
1 026
761
1,166
3 463
854
659
1,055
do
do
do
-do .
do
do ..do
-do ...
do
14 565
4 260
338
1, 143
923
2,002
3, 273
491
2, 135
13 894
4 077
312
1, 131
840
1,853
2 871
460
2, 350
14 782
4 347
321
1, 163
901
2,055
3 045
495
2, 455
14 242
4 196
347
1, 030
928
2.005
2,907
500
2, 329
14 283
4 394
387
1, 031
916
2,100
2 900
'486
2,069
13 688
4 291
382
1,022
886
1, 88P>
2 780
481
1,960
13 860
4 302
398
939
833
1,848
2 931
509
2,040
14 832
4 499
386
1 137
952
1 988
2 920
519
2 431
14 507
4 493
374
1 104
932
2 013
2 719
462
2 410
15 146
4 660
377
1,214
981
2,086
2 866
524
2,438
13 693
4 258
358
1 085
871
1 856
2 744
414
2 107
Sales value (seas adj ), 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 _ _
29, 956
14, 941
2,594
1,594
4.342
29, 534
14, 808
2 453
1,573
4 290
28 426
14, 198
2 389
1.514
4 158
28, 679
14,
254
9
, 357
1, 625
4,242
28,617
14, 296
2, 263
1.562
4,354
28, 142
14, 207
2 289
1,492
4,259
29 030
14, 573
2 447
1,605
4 447
28 638
14 297
2 362
1 520
4 281
28 215
14 132
2 182
1 547
4 314
28 064
13, 932
2 224
1,535
4 265
27
13
2
1
4
3,570
1, 039
751
1.051
3, 620
1,053
766
1, 053
3,406
952
747
1,032
3,240
989
707
1,094
3,276
978
747
1,116
3,241
1,076
741
1,109
3 251
957
736
1, 130
3 448
925
708
1 053
3 407
940
668
1 074
3 297
930
650
1,031
15,015
4, 558
363
1,174
942
1 996
3,241
496
2,245
14, 726
4 447
371
1, 252
875
1 930
2 960
495
2, 396
14, 228
4,333
349
1, 144
858
1 908
2 928
476
2, 232
14, 425
4,322
358
1, 073
919
1 894
3 028
490
2,341
14, 321
4,340
352
1, 079
907
1 996
2, 959
481
2,207
13, 935
4,183
382
1, 063
877
1 894
2,780
458
2, 298
14, 457
4,323
375
1, 089
896
2 008
2 991
514
2,261
14, 341
4, 357
354
1 072
915
2 008
2 920
514
2 201
14, 083
4 278
378
1 040
932
1 951
2 803
481
2 220
14, 132
4 331
356
1 029
917
2 002
2 895
490
2 112
13 673 ' 13, 598 13 627
4 384
4 257 r 4r 337
392
384
351
'999
967
1 025
r gftl
865
862
1 866
1 941 r i ggo
2 717 r 2 654
2 763
427
431
1 971
2 089 r 2 038
52, 941
30, 835
4 068
3 106
10 408
53, 320
31, 196
4 077
3 165
10 524
53, 670
31,512
4 018
3 242
10 614
53, 827
31, 778
3 962
3 286
10 662
53, 985
31, 873
4 053
3 272
10 811
54, 043
31, 749
4, 043
3 292
10, 760
53, 762
31,450
4 173
3 240
10 584
53, 576
31, 225
4,314
3, 151
10, 481
53, 581
31, 306
4,401
3,061
10, 475
53, 734
31 487
4 488
3 017
10 390
53, 338
53, 746 r 53, 688
30, 778
31,306 '31,137
4 443 'r 4. 466 4,348
2, 939
2, 963
3 002
10, 254
10 415 r 10, 283
7,803
1,869
1, 179
2,402
7 «78
1, 889
1,217
2,446
7,951
1,945
1, 233
2, 509
8 124
1,922
1,257
2,565
7, 969
1,904
1, 265
2. 599
7,899
1,877
1, 267
2,611
7,781
1,871
1. 239
2, 562
7, 713
1, 853
1,186
2,527
7,843
1,832
1,201
2,493
8 115
1,804
1 197
2,476
8 006
1, 794
1 210
2.436
8.6
12.9
9.3
8.6
13.1
9.5
8.5
13.3
9.7
8.3
13.6
9.8
8.4
13.5
10.0
8.5
13.3
9.9
8.5
13.2
9.7
8.5
13.3
9.5
8.6
13.3
9.5
8.6
13 3
9.6
8.7
13 0
9.6
22, 106
5.001
2 131
2,739
1,362
3,648
3 102
1,057
3.066
22, 124
4,902
2,132
2,736
1,412
3,701
3,101
1,057
3.083
22, 158
4,754
2,105
2,748
1,455
3,725
3,157
1,071
3,143
22. 049
4,622
2, 075
2,698
1, 453
3,750
3,202
1,062
3,187
22 112
4, 504
2,027
2,720
1, 453
3,716
3, 346
1,065
3,281
22, 294
4,524
1,981
2, 691
1,442
3,744
3,451
1,058
3,403
22,312
4, 629
1 936
2, 678
1, 430
3,716
3, 529
1 , 024
3, 370
22, 351
4,830
1,923
2, 623
1, 415
3,679
3,587
1, 010
3,284
22, 275
4,837
1,940
2,561
1,396
3,641
3,705
1,031
3,164
22, 247
4,929
1 960
2,515
1,395
3,658
3 732
1,053
3,005
8.9
3.0
10.2
8.9
3.0
10.2
8.9
3.0
10.2
8.8
3.0
10.3
8.7
3.0
10.4
8.7
3.0
10.6
8 7
3.0
10.6
8.7
3.0
10.7
8.7
3.0
10.6
88
2.9
10.5
52 434
30, 631
3,962
3,169
10, 444
52 918
30, 961
4,071
3,230
10, 454
53 334
31, 185
4,102
3,210
10, 478
53 663
31, 462
4,114
3,222
10, 509
53 909
31, 566
4,192
3,146
10, 624
53, 853
31,438
4,207
3,077
10, 601
54 093
31, 696
4,245
3,146
10, 622
54 203
31, 742
4,326
3,151
10 609
54, 166
31, 820
4,344
3,123
10, 658
54 103
31, 754
4,356
3,143
10 583
7,632
1,839
1, 156
2,429
7, 738
1,865
1,170
2,433
7,825
1,914
1,174
2,482
8,016
1,890
1,209
2,502
7,975
1, 865
1,240
2,524
7,919
1,845
1,254
2,535
8,038
1,857
1,239
2,549
8,035
1,872
1,210
2,539
8,049
1,877
1,251
2,518
7,979
1,880
1,273
2,540
7 976
1, 845
1,274
2,525
8.6
12.8
9,2
8.7
12.9
9.3
8.7
13.0
9.4
8.6
13.4
9.4
8.5
13.4
9.6
8.4
13.3
9.7
8.4
13.5
9.8
8.4
13.6
9 8
8.5
13.4
9.8
8.6
13.2
9.9
8 6
13.1
98
22, 343
22, 201
22, 149
21, 957
Nondurable-goods industries, total
mil. of doL. 21, 803
4,869
4,876
4,872
4,867
4,820
Food and beverage
do .
2,047
2,054
2,024
2,030
2,010
Tobacco
do
2,625
2,628
2,692
2,694
2,766
Textile
.
do
1, 453
1,439
Paper
_.
do
1,362
1,426
1,398
3,729
3,730
3,643
3,593
3,676
Chemical
do
3,380
3,133
3,267
3,255
3,197
Petroleum and coal
.
do
1,024
1,031
1,030
1,036
Rubber
do
1,047
3,216
3,092
3,072
3,176
3,174
Other nondurable-goods industries
do ..
By stages of fabrication:}
8.9
8.7
8.7
8.7
8.6
Purchased materials
_ __
. bil. of dol ._
2.9
3.0
3.0
3.0
3.0
Goods in process
do
10.5
10.4
10.3
10.2
10.6
Finished eoods
do
' Revised.
}Data beginning January 1953 appear on p. 20 of the September 1957 SURVEY.
22, 415
4,882
2,064
2,612
1,442
3,692
3,486
1,027
3,210
22, 397
4,804
2,038
2,642
1,430
3,728
3,494
1,045
3.216
22, 461
4,805
2,024
2,649
1,429
3,737
3,517
1,074
3,226
22, 346
4,684
2,000
2,631
1,410
3,741
3,597
1,074
3,209
22, 349
4,725
1,980
2,625
1,423
3,732
3,623
1,097
3,144
9.0
3.0
10.5
9.0
2.9
10.5
9.0
3.0
10.5
8.9
2.9
10.5
8.9
3.0
10.4
Sales value (unadjusted) total
_ mil. of dol
Durable-goods industries, total
-do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil. of dol
Lumber and furniture
do
Stone clay, and glass
_ _
do
Other durable-goods industries
do
Nondurable-goods industries total
Food and beverage
Tobacco
Textile
Paper
Chemical
_ _
Petroleum and coal
Rubber
Other nondurable-goods industries
Nondurable-goods industries, total
Food and beverage
Tobacco
Textile
Paper 1
Chemica
Petroleum and coal
Rubber
Other nondurable-goods industries
Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries, total
Primary metal
_---
_ - _
do
do
do _.
do
do
do
do
-do
do
do
do
do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil. of dol
Lumber and furniture
_ _
do
Stone clay and glass
do
Other durable-goods industries _
do
By stages of fabrication:}
Purchased materials
bil. of dol. _
Goods in process
do
Finished goods_
do
Nondurable-goods industries, total
mil. of dol
Food and beverage
do
Tobacco
do
Textile
. _
do
Paper
_
__ _ _do __
Chemical
do
Petroleum and coal
do
Rubber
do __
Other nondurable-goods industries
do
By stages of fabrication:}
Purchased materials
bil of dol
Goods in process
_ _ __ _ do __
Finished goods
.
do
Inventories, end of month:
Book value (seas adj ) total
mil of dol
Durable-goods industries, total
do
Primary metal
___do
Fabricated metal _
_ do .
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil of dol
Lumber and furniture
_
do
Stone, clay, and glass
do
Other durable-goods industries
do
By stages of fabrication:}
Purchased materials
bil. of dol
Goods in process
_
_._do
Finished goods
do
27 270 'r 26 347 25, 729
12, 272
13, 152
13 577
2 102 ' 1 954 1 936
1 433 'r 1, 336 1,314
4 131
3 687
4 Oil
'3r 495
769
r
556
'911
r
3 076
790
552
917
13 457
4 140
357
971
••954
882
'809
' 1 726 1,919
2
901
' 2 893
414
' 1, 843 1,873
13 195
r 4 176
r 380
221 'r 26 690 26 266
12 639
13, 092
548
156 rr 2 073
1 967
1 431
1 389
429
r
3
954
3 846
175
3 255
850
659
1 024
* 3 147
r 851
'654
' 982
r
3 Oil
822
642
962
' 1, 257
2,469
7, 686
1,820
1,276
2,455
'8.5
'12.7
'9.9
8.2
12.6
10.0
7, 885
r 1, 814
22, 440 ' 22, 551 22, 560
4, 828
5,026 •• 4, 912
1 965 ' 1, 962 2,042
2, 655
2,562 r 2, 628
1,403 ' 1, 444 1, 436
' 3, 863 3,878
3, 720
3 730 ' 3, 644 3,546
1,103
1,079
3,072
2,955 ' 2, 995
9.1
2.9
10.5
9 0
29
10 5
r
53, 520
53 871
31 511 ' 31, 148
4,279 ' 4, 269
3 095 ' 3, 086
10 517 ' 10, 374
r
9.0
3.0
10.5
52, 948
30, 630
4,237
3,030
10, 286
7, 801
' 1, 827
' 1, 270
2,521
7,541
1,791
1,251
2,494
'8.3
'12.7
'10.1
8.3
12.4
9.9
22, 360 ' 22, 372 22, 318
4,669
4,732 ' 4, 689
1,926
1 965 ' 1, 924
2 628 ' 2, 679 2,682
1 , 436
1,417 'r 1, 444
3,817
3, 820
3 763
3,657 ' 3, 644 3,618
1,092
1, 101
3,078
3,097 ' 3, 080
8.9
30
10.4
'8.8
3.1
10.5
8.8
3.0
10.5
February
SUKVEY OF CURRENT BUSINESS
March 1958
S-5
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
New orders, net (unadjusted), total .
. mil. of dol
Durable-goods industries, total §
do ._.
Primary metal
_
_
do
Fabricated metal
do
Machinery (including electrical) §
do
Transportation equipment (including motor vehicles)
mil. of dol
Other durable-goods industries
do _.
Nondurable-goods industries, total
_
Industries with unfilled orders 9
Industries without unfilled orders^ - - -
do
do
do
New orders, net (seas, adjusted), total§
do _ _
Durable-goods industries, total §
do
Primary metal
do
Fabricated metal. ___ ._
do
Machinery (including electrical) $
do
Transportation equipment (including motor vehicles)
mil. of dol
Other durable-goods industries
do
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders^
do ___
do
-do .
Unfilled orders, end of month (unadj.), total
do
Durable-goods industries, total
do
Primary metal
_
.__ _ . _
do __
Fabricated metal
do
Machinery (including electrical) _ _ _ _ _ _ .do _ _
Transportation equipment (including motor vehicles)
mil. of dol. _
Other industries including ordnance
do
Nondurable-goods industries, total 9
do
r
28, 765
14, 374
2,453
1,424
4,210
27, 540
13, 712
2,495
1,461
4, 188
29, 291
14,611
2,597
1,538
4,450
27, 673
13, 349
2, 103
1,500
4 091
28, 328
13, 949
2 251
1,638
4,136
27, 538
13, 716
2,217
1,427
4, 512
26, 155
12, 318
1,938
1, 522
3,904
27, 568
12, 881
2 063
1,468
3 905
26 371
12, 047
2 039
1,571
3 812
26 730
11, 788
2 027
1,517
3 798
26 056
12, 385
1 758
1, 144
3 431
3,452
2,835
2,957
2,611
3, 181
2, 845
2,936
2,719
3 181
2,743
2,609
2,951
2,256
2,698
2 554
2,891
1 979
2 646
I 776
2 670
3 616
2,436
14, 391
3,126
11, 265
13, 828
3,166
10, 662
14, 680
3,284
11, 396
14, 324
3,341
10, 983
14, 379
3 233
11, 146
13, 822
3 148
10, 674
13, 837
2 789
11,048
14 687
3 070
11 617
14 324
3 057
11 267
14, 942
3 203
11, 739
28, 927
14, 176
2, 345
1, 468
4, 246
28, 647
14 102
2,403
1,554
4,268
28, 066
13, 853
2,330
1,398
4,205
27, 940
13 234
2,197
1,500
3,850
28, 433
14 115
2,136
1,689
4,321
27, 055
13 249
2,306
1,486
4, 103
27, 276
13 005
2,241
1,522
4, 065
27, 325
13 160
2 078
1,372
4 124
26 565
12 519
2 202
1 496
3 952
26, 226
12 154
2,081
1,459
3 943
3,282
2,835
3,099
2 778
3,236
2,684
2, 968
2 719
3,198
2 771
2,544
2 810
2,396
2 781
2 884
2 702
2 300
2 569
2 079
2 592
3 345
2 436
14, 751
3, 158
11, 593
14, 545
3, 231
11,314
14, 213
3,188
11, 025
14, 706
3,554
11, 152
14, 318
3,191
11, 127
13, 806
2 970
10, 836
14, 271
2,936
11, 335
14, 165
2 924
11, 241
14, 046
3 088
10 958
14, 072
2 993
11,079
13, 668
2 993
10 675
'r 13, 661 13, 617
2 901
3, 027
' 10, 634 10, 716
64, 047
61, 026
7,023
4,487
20, 213
63, 718
60, 763
7,144
4,510
20, 230
63, 194
60, 341
7,149
4,497
20, 195
61, 857
58, 922
6,771
4,355
19, 931
61, 069
58, 038
6,597
4,408
19, 642
60, 329
57, 164
6,330
4 283
19, 695
59, 288
56, 146
6,200
4 314
19, 629
57, 793
54 796
6 001
4 150
19 400
55 993
53 179
5 840
4 090
18' 919
53, 191
50 581
5, 531
3 919
18 311
51, 977
49 389
5 187
3 630
17 731
r
r
24, 425
4,878
23, 915
4,964
23, 506
4,994
22, 953
4,912
22, 638
4,753
22,060
4,796
21, 123
4 880
20 421
4 824
19, 650
4 680
18, 423
4 397
18, 576
4 265
r
3,021
2,955
2,853
2,935
3,031
3,165
3,142
2 997
2 814
2 610
2 588
13, 387
10, 791
12, 049
12, 312
12, 220
11,269
11, 686
11 361
10 526
11 251
1,148
1,146
1,336
1,175
1,200
1,084
1,059
1 145
1 071
71
177
197
612
91
93
180
199
568
106
99
205
239
672
121
118
172
190
580
115
82
181
205
600
132
93
164
179
553
95
81
153
181
570
74
91
165
204
588
97
94
164
182
535
96
54, 060
65, 406
55, 833
57, 103
52, 552
51,454
44, 299
43, 514
4,086
10, 672
16, 105
17, 862
5, 335
2,493
8,440
33, 402
14, 780
6,291
3,833
10, 424
17, 760
17,816
6,000
3,878
9,090
16, 286
15, 994
11, 855
4,728
10, 820
14, 888
15, 686
6,430
3,551
10, 066
12, 966
17, 715
7,156
5,024
7,629
14, 039
12, 715
4,892
2,331
10, 426
12, 847
14 752
3,158
48.0
51.1
54.9
48.2
50.1
50.0
47.8
53.4
r
r
25, 067
r 11, 890
' 1, 563
"1,189
r
3, 520
r
24, 083
10, 624
1,630
1,142
3,220
r 1, 949
2,480
2,152
13, 671 'T13,177
2, 785
3 053
10 618 r 10, 392
13, 459
2,872
10, 587
26 030
12 362
1 686
1,243
r
3 652
r
r
3, 669
25, 060
11 399
1,512
1, 213
3, 422
r
r
r
r
r
2, 932
2 320
2 394
2 152
50, 697
48 127
4, 796
3 483
17, 120
49, 051
46 479
4,490
3 311
16 653
18, 750
3 978
18,154
3 871
r
r
r
24, 193
10 576
1,566
1,190
3 274
r
r
2 570
2 572
9 270
10 575
13 080
1 122
1 173
1 080
1 279
1,238
89
176
214
544
99
93
194
213
559
114
88
174
208
514
96
78
176
219
676
130
79
177
208
662
112
45, 420
47, 428
52, 899
45, 325
64, 442
65, 295
4,554
5 618
13, 901
13 657
7,690
3,195
7,994
11, 601
16 947
7,691
2,611
13 420
18, 061
12 895
5,912
3, 072
5 713
14, 985
16 028
5 527
3,364
9, 868
24,917
20 788
5. 505
3, 309
8,747
24, 331
23 038
5, 870
58.7
51.5
56.0
51.9
53.2
54.1
BUSINESS INCORPORATIONS^
New incorporations (48 States)
number
INDUSTRIAL AND COMMERCIAL FAILUREScf
Failures total
number
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade..
__
_
Liabilities (current), total
do
do _
do
do
do
thous. of doL_
Commercial service
_
Construction
Manufacturing and mining
Retail trade
Wholesale trade
do
do
_ _ do___
do
__do
Failure annual rate (seas. adj.)*-_No. per 10,000 concerns.
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products
1910-14= 100__
238
234
238
242
243
244
247
248
245
240
242
242
247
252
do .
do
do
do
do
238
237
256
187
236
234
236
255
181
235
237
252
252
181
235
242
294
258
180
233
244
315
266
179
225
241
283
270
173
218
239
288
273
170
218
233
248
278
169
217
228
221
279
163
217
224
221
273
156
219
224
241
263
152
221
218
240
239
152
221
225
334
232
146
217
229
376
211
148
219
do _
do
do. ._
do
227
266
162
457
221
260
153
458
237
265
148
459
237
264
145
459
228
263
156
457
246
260
152
457
219
261
167
460
200
252
172
469
193
244
159
484
187
231
154
483
187
235
164
473
180
237
171
466
183
233
178
474
200
229
204
475
do
do
do
do
do
238
270
254
155
265
234
266
249
157
267
238
260
263
150
274
242
253
275
150
286
241
248
278
144
310
245
247
287
145
317
254
252
297
155
312
260
260
301
167
305
259
269
291
174
290
254
277
274
180
279
258
279
188
267
264
275
°94
185
261
267
269
308
174
254
273
266
324
169
249
269
283
255
271
284
256
272
284
258
273
285
260
273
286
259
273
287
257
273
287
257
273
287
257
273
287
258
273
286
258
275
289
260
276
289
263
277
289
264
278
290
265
292
'293
295
296
296
296
295
295
296
290
298
299
301
302
82
80
81
82
82
82
84
84
83
81
Crops
. __ .__
Commercial vegetables, fresh market
Cotton
_
Feed grains and hay
_
Food grains
Fruit
Oil-bearing crops
Potatoes (incl. dry edible beans)
Tobacco.
_ __
Livestock and products
Dairy products
Meat animals
Poultry and eggs
Wool
_
Prices paid:
All commodities and services
do
Family living items
do
Production items
_ _ _ do
All commodities and services, interest, taxes, and
wage rates
1910-14=100 .
Parity ratio©-
___
do
9yg
81
82
83
81
r
Revised.
§Corrections of March 1955 new orders figures in 1957 BUSINESS STATISTICS (mil.dol.): Unadjusted—total durable goods, 14,755; machinery, 4,093; seasonally adjustedtotal manufacturing, 26,810; total durable goods, 13,538; machinery, 3,885.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurablegoods industries are zero.
IFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
d*Data are from Dun
& Bradstreet, Inc.
*New series; based on number of concerns listed in Dun & Bradstreet ReferenceBook. Data back to 1934 are available upon request.
0 Ratio of prices received to prices
paid (including interest, taxes, and wage rates).
4
457389° _58
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1958
1957
January
February
March
April
May
June
DecemAugust SeptemOctober November
ber
ber
July
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..
214.1
214.9
214.7
214.9
215.3
216. 6
217.5
217.9
217.5
217.2
217.4
r
217. 2
217.8
118.2
118.7
118.9
119.3
119.6
1 20. 2
120 8
121 0
121 1
121.1
121 6
121 6
i 122 3
do
do- -do
_do
do
106.4
112.8
111.2
116.9
99. 0
106. 1
113.6
111. 1
116.5
101.4
106.8
113.2
110.7
116. 1
100.6
106.5
113.8
110. 5
118.7
102.0
106. 5
114.6
110.0
122.5
103. 7
106. 6
116.2
1 10. 0
126.8
106.9
106
117
110
126
109
5
4
5
9
5
106 6
117.9
111 5
121 3
111 9
107 3
117.0
113 1
114.8
110 3
107.7
116.4
114 2
114.5
106 3
107
116
114
114
104
9
0
5
6
6
107 6
116 1
114 6
113 9
106 0
106 9
118.2
114 6
121.9
110 2
do
do
do
--do ._
123. 8
112 3
104. 0
134.2
124. 5
112.4
105. 0
134. 2
124.9
112.4
104. 9
134. 4
1 25. 2
112 4
105. 1
134.5
125.3
112 3
104.2
134. 7
125. 5
112 3
104.6
135.0
125
112
104
135
5
3
1
2
125 7
113 3
103 9
135 4
126
113
104
135
3
7
8
7
126 s6
113
104 8
136 0
126
114
104
136
8
3
5
3
127
114
104
136
127
115
104
136
do
do
do
135. 3
122. 1
109. 9
135.5
122. 6
110.0
136. 4
122.9
110.5
136. 9
123.3
111.8
137.3
123.4
111.4
137.9
124.2
111.8
138.4
124.7
112 4
138. 6
124 9
112 6
139.0
125. 1
113 3
139.7
126.2
113 4
140.3
126. 7
114 4
140.8
127 0
114 6
141.7
127 8
116 6
- do
do _
do
133. 6
123.8
174.9
134. 4
124. 5
175.8
135. 1
125. 2
175. 8
135. 5
125. 5
176.8
135. 3
1 25. 4
1 76. 8
135.3
125.4
176. 8
135 8
125.6
180.2
135 9
125 6
180.6
135 9
125 5
181. 1
135 8
125. 4
181.6
140 0
129.7
182.8
138 9
128 6
182.4
138 7
128 4
182.4
123.8
124.0
124.2
124.2
124.3
124.6
126 6
126 7
126 7
126 8
126 8
126 8
127 0
116.9
117.0
116.9
117.2
117.1
117.4
118.2
118.4
118.0
117.8
118.1
118.5
' 118. 8
118.9
97.4
124.8
116.7
96.7
125.1
117.0
96.7
124.9
116.9
97.1
125.0
117.4
96.5
124.7
117.4
98.8
124.5
117.6
99.7
125.2
118.5
99 6
125.5
118.6
97 0
125.4
118.8
95 3
125.2
119.0
95 3
125.3
119.6
96 4
125 4
119.9
r Q7 6
125 4
120 4
99 4
125 0
120 2
do
- do
do
do_ _ _
89.3
100.7
89.5
73.9
88.8
96.1
87.0
75.0
88.8
94.1
87.5
76.6
90.6
103. 0
87.3
79.3
89.5
109.0
85.4
78.7
90.9
105.4
83.9
83.5
92.8
108.0
82.7
86.5
93.0
106.3
82.4
86.7
91.0
98.9
81.2
81 5
91.5
107. 7
80.6
78.4
91.9
106.3
80.9
79 3
92.6
108 3
80.5
82 6
93
121
79
86
95
124
80
91
Foods processed 9
do
Cereal and bakery products
-- do
Dairy products and ice cream
do
Fruits and vegetables canned and frozen _ do_ _.
Meats poultry and fish
-. -do
104.3
115.8
112. 5
105.6
84.8
103.9
115. 9
112. 5
105.9
83.9
103.7
116.7
111.3
105. 9
84.6
104. 3
116.8
111.4
104. 9
88.2
104.9
116.5
110.7
103. 5
91.5
106.1
117.0
108.1
101. 9
96.6
107.2
117.7
108.2
102.3
99.2
106.8
116.7
110.3
102.1
97.7
106.5
116.7
112.4
102.5
95.7
105.5
117.3
113.7
103.6
91.6
106.5
117.6
114.5
103.8
93.6
107.4
118.3
114.7
104 6
95.5
108.8
118 0
114.1
105 0
100. 6
109.0
118 2
113.8
105 5
100 8
Commodities other than farm prod, and foods. -do —
125.2
125. 5
125. 4
125.4
125 2
125. 2
125.7
126. 0
126. 0
125. 8
125.9
126.1
' 126. 2
125. 8
108. 8
122. 9
93. 2
57. 9
106.8
124. 1
119.2
123.6
94. 9
118.4
130. 7
121.9
109. 1
123.6
93. 5
58. 2
107. 5
124.1
119.5
123. 2
96.6
118.4
130. 4
121.5
105. 4
122.4
91.1
69. 5
r
98. 6
r
121.1
51.8
88.6
120.2
121.2
145. 0
132.1
157.5
147.8
134.7
150. 1
121.6
161.9
142. 5
134. 6
155. 0
126. 6
127.1
128.6
140. 7
144. 5
149.0
95.3
99.6
90.8
124.8
81.5
109.9
124. 5
119.6
124.0
91.4
117.5
109. 1
123.6
93. 3
59. 2
107.2
124.7
118.5
123. 3
94.9
116.5
129.8
121.6
105. 1
122. 4
91. 1
69- 5
109.3
124.0
93.4
60.2
106.3
125. 5
117.2
123.3
94.3
113.0
128.4
121.7
105. 2
122.4
91. 5
69.7
109. 5
123. 5
93.4
61.0
106.3
128. 1
116.4
124.0
95. 5
111.8
126.4
122.4
104. 9
122. 8
92.5
70.8
110.4
123.6
93.4
64.8
107. 6
128.1
115. 8
125. 6
96.1
112.2
124. 6
122.6
105.4
122.6
93.4
71.4
110 3
123 6
93.4
65.2
107.7
128.1
115.7
125. 8
96.1
116.0
123 5
122.7
105.1
122.8
93.4
71.4
110 6
123 9
93.5
65.4
107.8
128.4
116.2
126. 3
96.1
120.7
123.5
123.5
105.4
122.8
93.3
71.4
99.5
122.0
50.3
90.8
116.3
116.4
149.4
137.9
165.3
150.8
139.1
150.4
121.5
166.5
130. 6
135.7
155.1
127 2
127.1
131.0
143.2
145.7
153. 5
94.9
99.6
90.2
119.5
82.1
105 8
128.0
120. 3
134 8
87.2
118.0
110 6
123 9
r
93. 6
r
62. 9
110 5
128.4
'116.8
126.0
'97.2
' 125. 8
122 9
r
123. 5
'r 105. 4
123. 1
' 92. 9
70-7
99.5
' 122. 1
50.2
90.7
' 116.3
' 116.5
149.5
' 138. 2
' 165. 5
110 5
123 7
93 6
62.6
110 5
128.4
1 14. 3
126. 2
97.2
125. 8
118 2
123.3
105.4
123.3
92.9
70.2
99. 5
122. 1
50.5
90.7
116.0
116.3
149.3
138. 1
165. 5
151. 1
139. 1
150. 1
121.4
167. 7
128. 0
136. 5
155. 3
127 8
127. 1
130. 9
143. 1
144.3
1 52. 0
94.2
99.3
89.4
117.6
80,8
105. 1
128.1
120. 3
134. 8
89.6
120.2
Apparel
Food 9
Dairy products
Fruits and vegetables
Meats poultry and
.
fish
Housing 9
Gas and electricity
Housefurnishirigs
Rent
Medical care
Personal care
Reading arid recreation
- --
Transportation
Private
Public
Other goods and services
- -- do
WHOLESALE PRICEScf
( 17. 8. Department of Labor indexes)
All commodities
1947-49=100.Economic sector:
Crude materials for further processing
do
Intermediate materials supplies etc
do
Finished goods®
clo
Farm products 9
Fruits and vegetables fresh and dried
Grains
Livestock and live poultry
108.7
108. 8
Chemicals and allied products 9
do
123.2
123. 5
Chemicals industrial
do
92.6
93.1
Drugs and Pharmaceuticals
-- do. .
58.0
58.7
Fats and oils inedible
-do _ .
105. 9
105.9
Fertilizer materials
do . _ _
124.1
124. 1
Prepared paint
do _ 116.3
119.0
Fuel, power, and lighting materials 9do
124.1
124. 0
Coal
do
94.3
94.9
Electricity
- - do
122.3
119.9
Gas
do
131.0
124.9
Petroleum and products
do
121.9
121.9
Furniture other household durables 9
.-do
106.8
106.5
Appliances household
do -._
122.0
122.0
Furniture household
do 91. 1
91.1
Radio receivers and phonographs
do
69. 9
69. 9
Television receivers
do
98.
4
98 0
Hides, skins, and leather products9
-_do —
' 120.7 ' 120.7
Footwear
do
52
1
50.1
Hides and skins
do
88.2
87.8
Leather
- _.
do _ .
120.7
121.3
Lumber and wood products
- do _
121.9
122. 6
Lumber
- -do
143.9
144.5
Machinery and motive products 9
- -do
132.0
131.8
Agricultural machinery and equip
do
156. 3
156. 2
Construction machinery and equip
do
146. 0
147. 1
Electrical machinery and equipment
do
134. 6
134.3
M^otor vehicles
do
151.4
152. 2
ATetals and metal products 9
do
122.8
122.
3
Heating equipment
- do _
164. 3
163. 9
Iron and steel
-- do _
145.4
148.7
Nonferrous metals
- do_ _
132. 0
132.7
Nonmetallic minerals, structural
do
150. 6
150. 7
Clay products
do
125.6
125. 6
Concrete products
do
127. 1
127.1
Gypsum products
do _ _
128. 5
128. 6
Pulp paper and allied products
do
139.2
139. 2
Paper
do.
143.9
145.0
Rubber and products
do
149.0
148.8
Tires and tubes
do
95.8
95. 7
Textile products and apparel 9
- - do _
99.6
99.7
Apparel
_
_
do
92.3
91. 9
Cotton products
do
122.8
123. 2
Silk products
do
82.0
82.1
Manmade fiber textile products _ - _ do. _
109.5
109.1
Wool products
do
124.1
124.0
Tobacco mfs and bottled beverages 9
- do
119.0
119. 0
Beverages, alcoholic
- -_do_ _ _
124.0
124.0
Cigarettes
do
92.4
93.2
Miscellaneous
do
117.5
I 117. 5
Toys, sporting goods
do
' Revised.
* Index based on 1935-39=100 is 204. 5.
9Includes data not shown separately.
cfFor actual wholesale prices
106.8
1 22. 2
91.1
69. 5
98.4
' 120.7
51. 0
88.6
120.1
121.2
144.8
132.2
156. 7
147.5
134.6
151.0
121.6
163. 8
143.2
133. 2
150. 8
125.7
127.1
128.7
140.1
144.3
149.0
95.4
99.6
91.1
123. 0
81.7
109.0
124.1
119.0
124.0
92.0
117. 5
r 98. 9
T 1 20. 8
55.8
88.8
119.7
120.6
145.1
132. 3
157. 6
148.2
134.7
150.0
121.4
162.9
139.9
135. 0
155. 0
126. 7
127. 1
128. 9
142. 4
144.7
149.0
95.4
99. 5
90.7
124.7
81.8
110.9
124.5
119. 6
124. 0
89.4
117.5
' 99. 8
' 120. 9
59.4
91.1
119.7
120. 4
145.2
132.3
157. 6
148.2
134.7
150. 6
121.9
165.4
138.1
135. 1
155. 1
126.7
127.1
128. 9
142. 4
145.1
149.0
95.5
99.5
90.6
122.4
81.9
111.5
124.7
119.6
124.0
87.3
117.5
r 100.6
r 121.0
62.1
92.2
119.3
120. 0
145. 8
132. 3
157.9
149. 5
134.7
152.4
122.8
170. 3
134.1
135.2
155. 1
126.4
127. 1
129.5
142.8
144.9
149.0
95.4
99. 5
90. 5
121.5
81.9
111.3
127.7
119.6
134.8
88.8
117.5
110.2
109 8
123. 5
123.6
93.5
93.4
64.5
63.4
106. 5
106.4
128.1
128.1
116. 1
116.3
124.4
124. 8
95. 5
96. 6
112 2
111.1
125.5
1 25. 6
122. 3
122.6
104.6
104.7
122.5
122.9
93.4
93. 3
71.4
71.4
' 100. 3 ' 100. 0
'121.0 ' 121.0
61.5
58.2
91.6
91.6
118. G
117.8
119.4
118.3
146. 9
146. 2
133.4
132.5
162.7
161. 4
150. 8
149. 6
134.7
134.8
152.2
153.2
122.3
122.3
170. 2
171. 2
134. 6
131.7
135. 2
135.3
155. 0
155.0
126. 3
126. 4
127.1
127.1
129.9
130.1
143.2
143.2
146.5
146.9
153.5
153.5
95.4
95.4
99.7
99.6
90.2
90.0
121.1
122.0
82.1
82.3
111.2
110.3
127.7
127.7
119.6
119.6
134.8
134.8
89.4
90.1
118.2
117.8
of individual commodities, see respective commodities.
r 100. 1
r 121.8
56.8
91.2
117.3
117.5
147.7
136.2
164. 9
150. 7
135.5
150. 8
122. 3
167.8
129.9
135. 3
155. 1
126 5
127.1
130. 9
143.2
146.2
153. 5
95.1
99.6
89.9
120.0
82.3
108. 3
127.7
119.6
134. 8
87.7
117. 9
r
100.
0
' 122.0
53.8
91.2
116.9
117.1
149.2
137.4
165. 2
150.9
138.7
150.4
122.1
166.5
130.8
135.4
155. 1
126 7
127.1
130.9
143.3
144.7
153.5
95.0
99.6
89.8
119.6
82.3
107.4
127.8
119.8
134.8
86.8
117.9
0
3
9
7
T
T
r
1
7
2
8
6
6
1
5
' 151.0
139.1
150.0
r
121.6
166.9
128.6
136.4
155 3
127 5
127.1
130.9
143.2
144.8
152.0
94.6
'99.5
90.1
119.4
81.2
105.2
128.1
120.3
134.8
' 88. 5
r
120. 2
©Goods to users, including raw foods and fuels.
5
0
0
8
SURVEY OF CURRENT BUSINESS
March 1058
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-7
1958
January
February
March
April
May
June
DecemAugust SeptemOctober November
ber
ber
July
Janu-
ary
February
COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale prices
Consumer prices
85 5
84.6
1947-49—100
do
85 5
84 2
85 5
84.1
85 3
83.8
85 4
83 6
85 2
83 2
84 6
82 8
84 5
82 6
84 7
82 6
84 9
82 6
84 7
82 2
84 4
82 2
1
84 2
81 8
1
84 1
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY
New construction (unadjusted), total
3,198
3,007
3,295
3,657
4,025
4,308
4,361
4,561
4, 569
4,495
4,112
3,667
' 3, 270
3,077
2,324
2,226
2, 405
2,603
2,808
2,971
3,046
3, 124
3, 100
3, 059
2,942
2, 705
r
2 364
2 262
1,137
885
214
1,043
790
217
1,162
870
258
1,301
940
327
1,396
985
374
1,489
1, 070
379
1,547
1,115
1, 571
1, 140
1,561
1,140
1,535
1,130
1,484
1,090
1,345
1, 005
T
1 065
392
387
374
357
343
290
1, 131
'865
r
217
722
269
269
97
357
704
270
257
102
365
709
269
264
112
409
713
271
263
126
448
747
270
287
146
501
786
270
309
159
518
778
262
311
169
535
805
266
319
173
556
802
260
322
159
560
806
256
332
133
570
802
251
332
114
528
764
248
305
100
483
704
240
267
101
416
675
231
254
105
407
do
874
781
890
1, 054
1,217
1, 337
1,315
1,437
1,469
1 436
1, 170
962
r
906
815
do
do .
do
do _._
339
93
225
217
302
80
195
204
345
84
230
231
375
89
330
260
383
103
445
280
406
110
520
301
389
117
505
304
414
138
550
335
416
134
580
339
406
132
575
323
364
107
410
289
342
88
275
257
r
338
r
235
253
306
70
205
234
do
3,922
3, 861
3, 912
3,906
3, 905
3, 900
3.833
3, 942
' 3, 979
4, 064
4, 043
4, 051
r
4, 013
3, 958
do
2,736
2,740
2,752
2, 754
2,751
2, 742
2,739
2 787
2, 790
2, 833
2,843
2, 854
r
2, 785
2 789
1,411
1,391
1,383
1, 361
1, 321
1. 324
1,349
1,377
1,388
1,414
1, 434
1,444
r
1,403
] 416
749
264
292
129
435
748
270
283
131
456
763
274
292
132
459
771
277
295
133
472
783
278
304
133
497
779
273
303
133
489
751
265
293
133
492
767
266
297
133
493
757
257
298
133
495
761
251
308
133
510
758
246
306
134
503
755
243
303
133
508
727
235
285
135
mil. of dol_.
Private, total 9
do
Residential (nonfarm) 9
do
New dwelling units
do___
Additions and alterations
do
Nonresidential buildings, except farm and public
utility, total 9
mil. of dol
Industrial
do
Commercial
do
Farm construction...
_do Public utility
do
Public, total
_ „
Nonresidential buildings
Military facilities
Highway
Other types
New construction (seasonally adjusted), total
Private, total 9
Residential (nonfarm)
Nonresidential buildings, except farm and
utility, total 9
mil
Industrial^
_
__
Commercial^!
Farm construction
Public utility
do
public
of dol
do
do
do
do
Public, total 9
do
Nonresidential buildings __ .
do
Military facilitiesi
do
Highway
do
CONTRACT AWARDS
Construction contracts in 48 States (F. W. Dodge
Corp.):t
Total valuation _.
.mil. of dol_
Public ownership
_
do
Private ownership
do. _
Nonresidential buildings:
Floor area
thous of sq ft
Valuation
_.
mil. of dol
Residential buildings:
Floor area
thous. of sq. ft__
Valuation
_
...mil. of dol
Public works:
Valuation
do
Utilities:
Valuation
,
do
Engineering construction:
Contract awards ( E N R ) § . _ _ _
.mil. of dol
Highway concrete pavement contract awards:c?
Total. _-_ _ ..
.
thous. of sq. yd
Airports
do
Roads
do
Streets and alleys
do
NEW DWELLING UNITS
( U. S. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
Total, privately and publicly owned—thousands..
Privately owned, total
do
In metropolitan areas
do
Publicly owned
do
Seasonally adjusted at annual rate:
Privately owned, total J .
do .
Residential construction authorized, all permit-issuing
places:
New dwelling units, total.thousands..
Privately financed, total
do
Units in 1 family structures
. do
Units in 2 family structures
do
Units in multifamily structures _
do
Publiclyfinanced,total _ _
._ .
do
r
Rcvisod.
v Preliminary.
f
80
507
716
231
276
135
510
1, 228
1 169
385
100
423
'376
353
9°
427
1,982
2,066
r
r
1,186
375
115
441
1, 121
347
105
406
1, 160
366
104
434
1, 152
381
98
407
1, 154
372
105
401
1, 158
380
99
406
1,094
1, 155
* 1,189
1,231
1,200
1,197
356
104
366
372
117
374
379
111
392
388
111
429
377
103
427
2,300
892
1,407
2,161
838
1,323
3,078
1,018
2,060
2,776
880
1.896
3, 400
1,279
2, 120
3,223
1,323
1, 900
2,901
1,002
1, 898
2,818
2, 550
2,614
2,371
802
816
787
867
734
758
2,016
1,734
1,827
1, 504
1,249
1,308
63, 288
914
60, 836
820
76, 773
1,092
63, 689
838
80, 194
1, 120
80, 844
1,186
71, 642
68 569
1 008
64 Oil
66 362
61 260
51 043
54 942
866
910
878
699
759
73, 260
817
82, 109
875
99, 442
1,107
113,369
1,232
120, 206
1, 297
106, 370
1,135
86, 424
67, 225
71, 653
1,287
1, 284
1,151
106, 636
1, 165
759
777
400
278
535
453
653
716
467
394
416
327
444
381
328
169
188
343
253
329
186
186
132
116
211
118
144
201
1, 664
1,436
1, 468
1, 460
1,857
1,561
1,589
1,805
1,247
1, 700
1,232
967
1,259
7, 163
1 499
3 990
1,674
4 425
1,316
63.0
60. 1
42.5
2.9
961
117,373
116,905
105,189
9,582
3 023
4 660
1,899
7, 816
1 172
3 70?
2,941
9,772
2 284
4 209
3 l)79
' 11,378
1 917
r f; 444
3 017
4 581
3 471
9 4C»7
2 459
82
749
1 791
2 771
3 14'?
2 775
65. 8
63.1
45. 1
9 7
87.0
79.3
55. 8
93.7
91.4
62. 3
2.3
103.0
96. 9
66 7
0 1
99. 9
94. 5
64 7
5 4
99. 9
93 9
62 1
6 0
100.0
96 8
64 9
39
91.9
90. 2
60 9
96.7
8S 4
58 5
962. 0
935. 0
933. 0
962. 0
994 0
995 0
1 015 0
1 056 0
1 01"? 0
3 51. 6
50.8
3 41.0
1.9
37.9
.8
55. 7
54.4
43.8
2.5
8.1
1.3
72.8
72. 7
60.5
2.8
9.3
.1
81.5
80.4
67.0
3. 1
10.3
1.1
85.7
84 0
68. 3
2 8
12.9
1.7
79.6
75. 9
61.5
2 8
10 4
73
61
2
9
2
80
7
8
63
2
12
70
58
2
9
3
7,229
1 489
4.9
8, 896
845
6
0
8
9
3
5, 292
336
3
0
0
6
4
2.3
4, 844
9
930
6, 668
3, 950
1 020 0
72.1
8
3
7
9
1.3
74
60
3
11
8
5
0
2
4.4
99
'461
1 175
1 1 380
r
5 488
9 355
1 530
2 7 g] 7
2 2 790
3 972
1 320
-78.2
62. 0
60 8
41 8
1 2
69.0
64 2
44 1
4 8
65. 0
970 0
1 030 0
890 0
65
T
8 'i
2
805
212
50 8
2 5
r
\ 009 0
79
58. 2
49 8
55
44
2
7
48
3S
2
S
0
9
3
7
196
60 0
41 0
5 0
8
2
3
2
1.0
1
Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 44.0 (February); consumer prices, 48.9 (January).
2
Data include some contracts awarded in prior months but not reported.
3 Revisions for December 1956 for new dwelling units (thous.): Total 48.3; privately financed—total, 47.7;
1-family structures, 39.2; multifamily structures, 6.8.
9 Includes data not shown separately.
If Data prior to December 1956 arc available upon request.
f Revised series, reflecting nationwide coverage and new techniques for compiling data on residential buildings.
§Data for January, May, August, and October 1957 and January 1958 are for 5 weeks; othor months, 4 weeks.
cfData for January, May, July, October, and December 1957 are for 5 weeks; other months, 4 weeks.
^Revisions for 1964 appear in the October 1957 issue of the SURVEY.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1958
1957
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
Department of Commerce composite
1947-49 =100__
Aberthaw (industrial building) .
1914=100
American Appraisal Co., The:
Average, 30 cities
1913=100
Atlanta
do
New York
do
San Francisco
_
_
.do
St Louis
do
Associated General Contractors (all types)
do
E. H. Boeckh and Associates: §
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U. S. avg. 1926-29=100..
Brick and steel
do
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
do
Brick and steel
do
Brick and wood
do
Frame
do
Steel
_
.do
Residences:
Brick
_
do
Frame
do
Engineering News -Record :d"
Building
1947-49=100
Construction
do
Bu. of Public Roads — Highway construction:
Composite standard mile
1946—100
"134
135
135
135
136
137
455
138
138
138
138
138
138
452
138
649
702
701
594
640
472
653
705
703
610
643
472
654
710
704
610
644
472
655
712
704
610
644
473
659
712
704
610
644
479
664
712
705
609
656
485
668
712
705
610
660
488
668
712
705
624
660
488
670
713
705
625
660
490
672
728
711
625
661
490
672
730
712
624
665
491
672
729
711
622
664
490
673
729
730
621
667
493
282.7
278.3
277.9
283.1
278.5
278 3
283. 5
278.8
278 4
284.3
279.1
278 9
286.3
280.7
280 3
288.3
282.7
281 7
290.5
284.7
283 1
290.6
284.8
283 2
291.0
285 0
283 2
290.6
284.5
282 3
290.7
284 3
282 1
291.1
284.4
282 3
291. 5
284 4
282 4
291.3
290.3
277.4
275.4
276.8
291.8
291.3
278.1
275.3
278.4
292.4
291.6
278.2
275.4
278.7
293.5
292.3
278.7
275.9
279.1
295.9
294.4
280.2
277.4
280.4
297.8
296.4
281.6
278.7
282.6
300.1
300.2
283.3
280.0
287.9
300.1
300.2
283.3
280.2
287.9
300.7
300 8
283.5
279 8
288.5
300. 3
300.3
282.3
278.6
288. 2
300.5
300.5
282.2
278.4
288.3
301. 0
300.8
282.3
278.5
288.4
301.7
301.2
282.5
278 7
288. 6
278.3
270.7
278.6
270.8
278.7
270.9
279 3
271.3
280.8
272.6
282.2
273.9
283.5
275.1
283.6
275.2
283.6
275 0
282.6
274.0
282. 5
273.7
282.6
273 8
282.9
273 9
« 148. 6
156.7
148.3
156.4
148.3
156.6
148.8
158.0
149.1
159.2
149.8
'159.8
152.9
163. 0
152.6
162.9
152 8
162.7
152 8
162 8
152 7
162.9
152 8
164 1
152 5
164 2
r
142.7
142 6
142 8
673
732
730
620
667
493
152 6
164 3
143 4
CONSTRUCTION MATERIALS
Output of selected construction materials, index:
Iron and steel products
1947-49=100..
Lumber and wood products
_
_ do _ _
r
139. 6
113.8
' 134. 7 M48.9
106.1
113.8
' 155. 8
131.2
r 163. 4
124.8
124.6
«• 139. 7
113.8
' 151.9
129.7
r 151. 2
r
139. 7
120 5
r 148. 6
173, 581
294, 506
232, 048
279 693
231, 192
213, 029
248, 540
176, 088
306, 392
130.3
'r 126. 7
108. 0
115.3
95 5
REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount.
thous. of doL. 193, 575
Vet Adm.: Face amount
do _ _ 555, 076
Federal Home Loan Banks, outstanding advances to
1,038
member institutions
mil. of dol.
New mortgage loans of all savings and loan associa714
tions, estimated total
mil. of dol
By purpose of loan:
245
Home construction
_
do _
326
Home purchase
. . . do
143
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under),
1,942
estimated total
mi] of dol
Nonfarm foreclosures
number. . 2,771
115, 272
Fire losses
thous of dol
159,145
430, 560
161, 491
379, 822
157, 422
349, 651
154, 288
286, 291
163, 633
276, 147
191, 489
268, 492
184, 794
251, 483
976
961
971
993
1,079
1,040
1,072
1,119
1, 131
1, 143
1,265
906
709
842
899
968
925
969
1,001
891
980
768
734
723
243
318
149
298
366
179
317
391
191
360
412
197
319
415
190
318
462
190
331
470
200
292
423
176
341
443
196
250
358
160
248
324
162
245
308
171
1,749
2,473
95, 569
1,937
2,921
104, 565
2,044
2,983
85, 994
2,144
2,894
79, 045
2,028
2, 745
69, 710
2,211
2,839
77, 814
2,208
2,852
78, 364
2,026
2,979
72, 264
2,226
1,877
1,851
1.782
77, 753
75, 321
91, 519
99 918
1
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted:
Combined index.
1947-49 =100. _
Business papers
_.
. .. .do
Magazines
do
Newspapers
do
Outdoor
do
Radio (network)
...
do_ _.
Television (network) t
1950-52=100
207
207
164
203
167
35
373
206
213
153
210
153
39
361
203
203
156
203
156
36
373
207
207
162
202
164
37
373
210
207
165
208
164
34
382
209
217
160
205
170
35
384
214
218
164
202
180
40
406
215
206
166
214
170
40
405
216
217
162
221
156
41
398
209
210
158
200
150
39
422
211
208
167
197
172
41
412
214
211
164
209
155
41
426
169.6
190.7
215.2
230.7
233.1
205.2
170.2
173.6
213.5
238.1
231.0
184.1
Tele vision advertising:
43,502
Cost of facilities, total
.
thous. of dol
4,567
Automotive, including accessories
do
12, 624
Drugs and toiletries
do
9,648
Foods, soft drinks, confectionery
do
5,470
Soaps cleansers etc
do
Smoking materials
_ _ _ . - d o _ 3,592
7,601
All other
do
39, 385
3,732
11,182
8,891
5, 139
3, 321
7, 121
43, 653
4,470
11, 984
9,295
5,583
3,789
8,532
41, 222
3,929
11,125
8,761
5,825
3,810
7,772
43, 378
4,242
11, 810
9,270
6,309
3,901
7, 845
39, 517
3,864
11, 585
7,482
5,614
3, 771
7,201
38, 760
3,711
11, 749
7,541
5, 720
3,899
6,142
38, 849
3,774
11, 683
7,541
5, 523
4,366
5,962
40, 926
4,667
11, 779
7,862
5,939
4,065
6,615
49, 268
4,904
15, 184
9,331
5,850
5,034
8,965
47, 999
5,873
13, 380
9,064
5, 635
4,805
9,242
49, 742
5, 285
14, 536
9,524
5.771
4,732
9,894
Magazine advertising:
Cost total
Apparel and accessories
Automotive, incl. accessories
Building materials
_
Drugs and toiletries
Foods soft drinks confectionery
Beer wine liquors
Tide advertising index, unadjusted
Household equipment and supplies
Household furnishings
Industrial materials
Soaps cleansers etc
Smoking materials
All other
1947-49 = 100. .
do
do
do
do
do
do
do
38, 354
1,997
3,747
1,198
3, 521
5,978
1,478
54, 612
3,445
4,509
2,350
5, 536
7,879
2,305
67, 898
4,904
5,607
3, 557
6,002
8, 883
3,117
81, 439
6,206
7,053
5, 145
7,028
9, 058
3, 696
73, 441
5,544
6,840
4,453
6,332
7,681
3,054
61, 899
3,235
5,967
2,858
6,629
7,488
3, 080
42, 969
884
3,888
1,417
5,836
6,594
2,623
45, 501
4,403
3,457
1,748
5,560
5, 410
2, 318
68, 708
7,716
3, 143
3,801
7,064
7.354
3,320
74, 298
6,096
3,584
3,230
8,401
8,282
4,057
77, 104
4,924
9,227
2,397
7,968
7,994
4,555
55, 270
3, 770
8,440
1,280
5, 350
6,633
5, 839
38 422
2,104
4,134
1,138
4 223
4 972
1,798
do
do
do
do
do. _
do
1,142
1,164
3,729
522
1,084
12, 795
2,840
1,556
4,480
978
1,578
17, 156
3,976
2,590
5, 795
1,441
2,017
20, 008
5,246
4,126
6,147
1, 526
1, 923
24, 283
4,931
3, 998
6,258
1,298
1,561
21, 490
3, 972
2, 138
5,855
1,244
1,722
17, 711
1,651
1,087
4,118
664
1,425
12, 782
1,146
1,412
4, 319
484
1,551
13, 692
2, 634
3,070
5,921
781
1,851
22, 054
4,000
4,456
5,708
1,084
2, 035
23, 364
4,061
3,583
6,273
719
2,051
23, 353
2,382
1,591
592
375
2,071
16, 948
810
1,172
3,082
456
1,276
13, 255
3,444
4,815
3,861
4,483
3,810
5,376
5,466
5,431
5,489
4,971
4,025
4,171
4,768
_
._
thous. of lines. _
c
i I"or Aug. 2 6-Sept. 3() (earlier f igures co\ er month
Revisi ;m for De(member 19 56 (1947-4 )=100): 148.4.
Revised.
° Revisions for August-October 1956 ( 1947-49 = 100) : 134; 134; 134.
ending the 25th day; later figures on calendar-month basis).
§Copyrighted
data; see last paragraph of headnote, p. S-l.
rf1 Data reported at the beginning of each month are shown here for the previous month,
t Revised beginning July 1955 to adjust for changing seasonal pattern. Revisions for July 195-5-July 1956, respectively: 316; 320; 324; 321; 329; 329; 340; 352; 355; 364; 372; 376; 397,
Linage, total
r
SURVEY OF CURRENT BUSINESS
March 1958
gh 1956
1956 and
and
Unless otherwise stated, statistics through
descriptive notes are shown in the 1957
57 edition
edition of
BUSINESS STATISTICS
R-9
1958
1957
January
February
March
April
May
June
July
Jann- I February
ary
DecemAugust SeptemOctober November
ber
ber
DOMESTIC TRADE—Continued
ADVERTISING Continued
Newspaper advertising:
Linage, total (52 cities)
Classified
Display, total
\utomotive
Financial
Gcperal
Retail
. thous. of lines. . 210, 509
do _ . 55, 141
-..
-.do ... 155, 368
12 555
do
do
5,929
9
do
6 355
do
110 530
.
207, 064
53 264
249, 527
62 923
245, 384
59 081
265, 599
64 494
240, 631
61 194
204. 045
56 490
216, 437
58 103
241,294
58 999
259, 037
57 457
249, 980
52 316
239, 625
46 007
197 12.1
4',) 37' >
153, 800
14 365
3, 21 5
30 009
106 912
186, 603
14 gig
3,824
36 150
139 015
186, 303
16 663
4,241
34 802
130 597
201 105
18 264
3, 564
37 609
141 668
179 436
16 615
147 555
14 214
4, 509
24 217
104' 614
158 334
14 522
2, 754
04 ftn
116 448
189 295
13 339
3, 442
339 9294
13 20
201 580
16 188
4, 233
38 492
149 fif57
197 604
19 476
3. 723
32 294
149 171
193 618
10' 584
4,004
26 448
152 58?
147,71"
4,078
33 4?2
125 311
5, 643
23 4M
1(1' , f U [
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services, total. _ .
bil. of dol
Durabl^ goods total 9
do
Automobiles and parts
do
Furniture and household equipment. . _ do
Nondurable goods total $
Clothing and shoes _ - _ _
Food and alcoholic beverages Gasoline and oil
..
Services, total? - -Household operation
Housing
Transportation
-
.
do
do_. do - _
_do
-
_..do „..
do
do
do
- -
78 9
35 9
16 3
14 9
35 0
14 ()
137 3
21.9
83 7
8.5
103.
16
33
7
9
9
276.7
4
0
9
8
$3 0
282.4
35 0
1.5 3
14 9
34 4
15 3
14 4
139
22
85
8
1
0
0
7
142
23
86
8
104
16
34
7
9
2
3
9
100.1
16 4
34 7
7 9
140 8
5
1
6
7
86 0
86
107
16
35
7
2
7
2
9
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
mil. of dol. . 14, 740
14,058
15, 788
16, 442
17, 205
17, 114
16, 864
17, 490
16, 373
16, 949
17, 133
4,972
2 996
2, 858
139
4, 914
2 948
2, 809
139
5, 546
3,317
3, 154
163
5, 765
3, 391
3, 208
183
6, 190
3 550
3. 353
197
6,288
3 609
3, 399
210
6, 058
3 418
3, 175
242
5, 995
3 352
3, 126
226
5, 615
3, 078
2,894
184
5, 605
2 945
2, 753
192
5, 514
2 977
2, 790
1*8
lo
lo
lo
776
478
297
754
477
277
806
517
289
809
509
300
873
550
323
916
550
366
863
523
340
912
577
334
853
533
319
9i9
,576
342
962
614
348
1 144
696
447
lo
lo
lo
659
476
183
629
455
174
758
551
208
856
634
221
993
740
253
979
731
248
1 008
770
238
1 032
798
231
977
752
225
1 035
795
240
903
674
229
S.5S
,57.5
2S3
bV)
9, 769
785
9. 144
694
10. 243
832
10, 678
1, 131
11,015
10, 826
994
10,806
11,495
998
855
175
283
146
118
218
310
101
133
347
181
150
422
207
177
381
210
185
338
187
1 56
300
222
178
10, 757
1,010
183
398
239
189
11,345
1,083
216
434
258
175
11,610
1,140
235
418
281
175
13, S.54
1 , 790
409
701
44.5
234
10,47',
- N5t
1 s,l
463
248
220
192
967
515
1, 291
3, 937
3, 482
1, 262
559
1, 263
4 102
3, 647
1 987
532
1,205
4 233
3, 769
1 2f.'>
690
1,247
4 25<->
3.712
1 2S6
1 , 696
(2)
117
979
1,838
(-}
138
988
(2)
(2)
2, OOK
(')
159
310
(2)
379
Durable-goods stores 9
-do _ . _
Automotive group
- lo
Motor-vehicle, other automotive dealers-do
Tire, battery, accessory dealers
lo
Furniture and appliance group _ . . .
Furniture, homefurnishings stores
Household-appliance, radio stores
-
Lumber building hardware group
Lumber, building-materials dealers
Hardware stores
_- . - - .
Nondurable-goods stores 9
Apparel group
- - IVIen's arid boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores.
Shoe stores
-
lo
lo . lo
lo
_do
do
Drug and proprietary stores
Eating and drinking places. ..
Food group
Grocery stores
Gasoline service stations
do
_do_. _
do
do
do
General-merchandise group
Department stores excl mail-order
Mail-order (catalog sales)
Variety stores
Other general-merchandise stores
Liquor stores
Estimated sales (seasonally adjusted) , total
154
200
502
177
1,055
3 480
3. 086
1 007
1, 140
3, 915
3, 499
1, 181
1,153
3, 770
3, 345
1,216
520
oil
1,096
3 690
3,281
1 137
513
1 , 253
4 043
3, 613
1 293
1,289
3 977
3, 531
1 321
1,384
4 029
3. 573
1 383
1,420
4 353
3. 876
1 374
do
do
do
do
do
-do
1,328
790
1,276
672
1, 493
811
1,705
1,723
(2)
1, 680
1,540
(i)
1,774
105
276
(-)
330
104
264
125
309
121
273
(2)
335
do
16,295
16, 437
16, 644
16, 783
488
97
198
314
301
467
94
213
9
96
288
16,356
500
100
240
342
325
16, 298
(2)
110
289
(-')
(2)
(2)
528
9i)4
(2)
346
370
335
17, 034
17,030
16, 919
3.50
16,714
10, 502
5, 999
3 009
2, 7hO
' 229
„«,-,
r
L"',230
4,810
^.SK*
T
777
4%
r
r
,^.)^
i,i:,,s
'r 1, 126
r
r
1 2}
209
606
;\ or,2
I t 2<)'»
1 , o7C
(*)
105
221
545
(2,
: u,
16, 855
'10,718
(2j
r
,5, ,538
3, 094
2, 906
' 188
5, 631
3,194
3 012
189
182
5, 776
3, 265
3 075
5, 806
3, 246
3 051
190
196
5, 839
3. 304
3 (185
218
5 740
3, 245
3 037
208
5, 722
3, 190
2 995
194
5 612
3, 180
3 002
' 178
,5 606
3, 159
9 97 f,
184
5 588
3, 087
2 899
188
Furniture and appliance group
Furniture homefurnishings stores
Household-appliance radio stores
do
do
do
856
541
314
899
578
321
905
578
327
880
545
336
862
520
342
919
551
367
877
536
341
897
564
334
902
574
327
838
520
318
870
546
324
895
561
334
St59
Lumber building hardware group
Lumber building-materials dealers
Hardware stores
do
do
do
848
608
240
866
622
245
876
630
246
849
624
224
905
674
231
901
656
244
914
689
226
915
687
229
918
691
227
905
691
215
874
664
211
877
c gQi
216
887
062
226
10, 588
980
217
376
10,608
992
210
383
10, 614
10, 806
1,020
10, 867
10, 977
11, 195
1,038
912
992
11, 290
1,092
220
443
241
11,197
1. 050
215
430
232
173
11, 102
1 029
216
415
228
170
10, 956
1,007
192
407
237
170
11, 266
1,087
214
432
260
180
'•11,180
1,059
214
412
248
180
518
524
534
1, 245
I 257
4, 027
4,057
543
1, 235
4,112
3, 643
1. 255
571
1 215
4, 109
3, 651
1 250
551
1, 233
4,028
3, 586
1, 254
546
1,235
4, 135
3,671
1, 260
oo9
1, 236
4, 1 16
3, 635
1,290
1,803
(2)
121
3(,2
2
()
364
1, 706
(2)
124
293
1,704
(2)
119
285
(2)
342
1, 801
(2)
130
300
(2)
361
1,772
(2)
129
316
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
do
do
do
__ _ .- do
do _ _
General-merchandise group
Department stores, excl. mail-order
Mail-order (catalog sales)
Variety stores
Other general-merchandise stores
Liquor stores
c
l
do
do
do
do
do_ - _
do
Revised.
Corrected,
Advance estimate.
9 Includes data not shown separately.
457389°—58
5
174
178
956
192
384
212
168
484
492
511
519
1, 182
3,825
3, 392
1,213
1 219
3, 821
3, 385
1,220
1, 216
3,817
3,397
1,246
1,218
3, 925
1,722
936
118
1 718
922
114
281
387
331
289
393
340
200
405
235
181
990
198
403
224
165
995
204
398
225
168
218
412
231
176
188
3,986
3,542
3,566
1,259
5'?6
1, 242
3, 931
3,512
1,269
1,264
1, 281
3, 598
1,272
1,741
954
114
1,717
(2)
119
1, 771
(2)
121
1,861
(2)
132
1, 861
(2)
130
286
387
344
290
(2)
343
1 759
(2)
130
3,490
295
(2)
353
2 Data on revised basis will be shown later.
292
(2)
356
305
(2)
362
1.278
(2s)
302
354
(2)
352
• ^4
M
-,n
lv .
:ii
5, 685
3, 165
2 976
- do do
do
do
do
do
_) - |f)
"ill
5, 747
3,264
3 081
Nondurable-goods stores 9
Apparel group
Mien's and boys' wear stores
\Vomen's apparel accessory stores
Family and
other apparel stores
Shoe stores
"
^>
143
5, 706
3,324
3 151
173
183
r 1
2, 605
do
do
do
do
Durable-goods stores 9
Automotive group
-_ - _ _ _
Motor-vehicle other automotive dealers
Tire battery accessory dealers
r
181
147
19, 853
' 513
1, 010
' ,;, 755
t 15, 325
' 1, 136
' 1. 240
i 10, 209
' o, 148
r»oi
308
(-)
;].-(i
i 11,01)1
SUEVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1&58
19 58
19 57
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
Jaiiuarv
February
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
T'nadjusted, total
mil of dol
Durable-coeds stores
do
Nondurable-goods stores
.
do
i
22, 890
10, 380
12,' 510
24, 010
10, 770
4, 110
2,020
2,220
23, 650
10, 800
12, 840
24, 340
11, 040
13, 300
24, 510
11, 220
13, 290
24 440
11, 170
13, 270
23 840
10, 970
1 2, 870
23 660
10, 880
12, 780
24 040
10, 970
13, 070
24 270
10 690
13 580
24 500
10 380
14, 120
* 23, 430
'• 10, 880
r
12, 550
23 400
11, 000
12, 400
23,910
10, 850
4,380
1,980
2,130
23, 700
10, 670
4, 350
1,930
2,080
23, 670
10, 590
4,290
1,920
2,090
23, 950
10, 740
4,420
1, 950
2, 100
24, 090
10,800
4,460
1,970
2,100
24, 140
10, 850
4,440
1 960
2, 130
24, 250
11,040
4,620
1 990
2,090
24, 360
11, 120
4 690
1 950
2 100
24, 220
24, 330 r 24, 470
10, 950 r 11, 220
11, 420
4, 590
r 4, 760
4 460
1 990 r 1, 990
1 950
2, 210
2, 170
2 100
24, 490
11, 330
4, 800
1. 940
2.210
13, 240
2,840
2 760
4, 150
13, 060
2, 750
2 740
4, 030
13, 030
2, 680
2,700
4, 060
13, 080
2,720
2 730
4, 030
13.210
2, 730
2 790
4, 060
13, 290
2,710
2 810
4,140
13, 290
2, 730
2 830
4,140
13,210
2, 650
2 880
4,100
13
2
2
4
240
690
860
090
13, 270
2, 700
2 840
4,180
(0
(i)
P)
4, 066
4.202
4,125
3,894
4, 284
3. 942
4, 236
2,917
2,797
3, 276
3, 412
3, 551
3, 456
3,267
3,660
3. 337
155
13
f>3
47
144
11
61
43
194
15
83
57
281
21
114
92
222
19
97
67
227
2(
92
74
182
16
80
57
207
15
94
63
222
16
90
74
65
33
73
63
33
80
70
36
80
69
38
83
73
38
84
76
35
83
78
32
85
80
37
805
491
765
449
922
563
1,064
640
1,081
668
1,060
654
953
568
71
150
1, 304
45
50
64
161
1, 295
45
48
79
183
1, 493
50
57
95
223
1,367
58
66
93
204
1, 512
68
74
99
206
1,427
67
78
do
3, 371
3,360
3,416
3.427
3,493
A ppare] group 9
do
Men's and boys' wear stores
.
do
Women's apparel, accessory stores
do
Shoe stores . _ _ _
. . _ _ _ do
Drug and proprietary stores
do
Eating and drinking places
_ . _ do
Furniture, homefurnishings stores
do
215
17
90
68
79
70
42
215
17
92
65
81
72
40
215
17
92
63
84
72
37
228
18
98
68
84
70
40
218
19
92
64
84
79
34
1,068
638
1, 046
616
1, 099
662
1, 066
632
100
216
1, 400
58
65
98
221
1,405
59
64
103
222
1,399
59
66
187
355
159
349
45
15
44
42
14
Seasonally adjusted, total
.
do
Durable-eoods stores 9
--- --- - - -do.
Automotive group
do
Furniture and appliance group
do
Lumber, building, hardware group
do
Nondurable-goods stores?
Apparel group
._
Food nroup
General-merchandise group
Firms with 4 or more stores:
Estimated sales (unadjusted), total
do
do _
do
do do ,
Firms with 11 or more stores:
Estimated sales (unadjusted), totalQ
do
Anparel groupQ
Men's and boys' wear stores
_
Woraen's apparel, accessory stores
Shoe stores
.-
do
__ _.do.
do
do
Drug and proprietary stores
Eating and drinking places
__ __
Furniture, homefurnishings stores
do_- .
do
do
G f n oral-merchandise group 9
do
Department stores, excl. mail-order©
do
Dry-goods, other general-merchandise stores©
mil. of dol
Variety stores
do
Grocery stores
__do
Lumber, building-materials dealers
do
Tin-, battery, accessory stores
do
Estimated sales (seas, adj.), total 9----
General-merchandise group Q
do
Department stores, excl. mail-order©
do
Dry-goods, other general-merchandise stores©
mil. of dol
Variety stores
do
Grocer v stores
do
Lumber, building-materials dealers
do
Tire, batterv, accessory stores
do
Department stores:
Accounts receivable, end of month:c?
Charge accounts.:
1947-49=100..
Instal linen t accounts
_
do
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
do
Sales by type of payment:
Cash sale?
percent of total sales
Charge account sales
do
Installment sales
- _ ..do .Sales, unadjusted, total U.St
Atlanta.
Boston
Chicago .
Cleveland
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond....
St. Louis. . . . .
San Francisco
. ...
.
..
Sales. M'c.soKallv adjusted, total U. St
Atlanta
Boston
Chicago.. - . _
Cleveland
Dallas
Kansas Citv
Minneapolis
New York . _ _
Philadelphia
Richmond . .
St. Louis
San Francisco
25, 280
11,060
14,220
r
r
13, 050
r 2, 730
2 780
r 4, 160
13, 160
2. 800
2 850
4. 120
4. 432
5. 508
3 763
3, 597
3, 798
4.713
3,201
232
21
96
64
244
24
103
66
386
40
167
101
165
16
06
59
82
75
36
87
74
41
87
71
4'>
133
74
44
S3
67
34
1,109
654
1 054
640
1 136
679
1 239
1, 903
1,054
830
488
90
196
1,398
69
80
116
220
1, 590
73
73
100
202
1,356
69
62
110
215
1,478
70
68
120
238
I, 579
58
t>7
184
467
1. 518
50
93
75
167
1. 568
47
54
3,509
3,582
3,631
3, 559
3, 458
3, 454
3, 610
3. 547
222
19
93
65
86
74
37
229
23
95
64
84
74
35
244
23
103
68
87
76
36
229
97
66
87
79
38
219
20
92
64
87
71
37
220
19
93
i')7
90
73
35
239
21
101
71
91
72
37
228
°0
1,116
666
1,125
692
1,172
710
1,168
699
1 132
685
1 051
616
1 043
612
1,099
645
1 077
622
98
221
1, 420
58
67
101
224
1, 440
03
69
100
218
1, 432
62
70
106
230
1, 453
62
72
114
230
1,492
61
68
107
225
1, 472
62
68
100
218
1,472
59
07
100
216
1,471
58
68
104
228
1. 500
61
69
99q
1 522
60
147
344
153
342
154
341
150
337
138
328
139
330
152
331
15!)
336
171
346
227
385
1*8
381
44
14
48
15
45
15
46
15
«14
45
15
47
15
46
15
48
15
48
15
47
15
4^
44
43
13
44
43
13
44
43
13
44
43
13
45
42
13
42
14
45
42
13
43
44
13
43
44
13
44
13
13
45
43
12
44
42
14
13, 110
2, 640
9 830
4, 150
r
r
74
88
72
39
104
69
14
1947-49=100..
102
104
114
131
132
131
111
127
139
134
162
241
f 101
do
do
do
do
. _ do . .
do
do
do ..
do
do
do
. do.
r 123
95
95
98
124
102
90
99
97
104
101
109
136
97
97
101
126
106
96
98
98
107
105
108
151
99
109
105
138
118
103
104
115
126
117
115
165
121
124
126
148
134
124
116
129
149
134
133
165
123
126
122
156
139
145
9(1
104
107
151
128
104
92
96
118
114
125
161
102
124
123
158
141
130
104
110
135
132
139
165
120
131
146
138
134
153
122
126
120
153
137
116
121
130
140
129
139
150
143
141
167
117
127
125
158
142
J3S
12»
132
14S
1 .is
13o
193
144
153
159
183
161
145
158
1/1
17S
p 1227
i> 9'
p 9*}
£ 97
f 123
p 103
P 92
p 100
P 95
f 104
162
'301
'?32
r
221
233
270
246
' 220
226
236
r
272
238
247
-
r
132
136
137
131
135
138
138
144
136
121
133
138
e 131
165
129
129
131
161
145
129
124
129
149
137
141
164
122
131
130
161
144
131
124
133
152
139
146
162
117
125
122
151
137
123
118
130
148
136
137
172
123
128
126
158
141
126
124
133
148
137
141
175
122
129
128
168
]42
126
125
139
152
139
148
175
125
131
132
170
145
130
126
131
147
139
141
179
130
139
139
170
147
138
18")
138
158
147
144
-do. do.
do
. do.
do
do
do
do
.do.
do
.do.
do
do
..
1 Wi
! "T
i HI
j l> 6
] 34
163
p96
n 100
•" 105
v 126
172
]f>9
J' 156
1 66
174
120
114
116
1°8
P 116
118
r 13Q
125
._
.
130
121
125
p vn
P l'>5
121
125
134
129
133
P 156
157
16]
163
1 59
156
r
P 138
!36
147
136
139
142
r ]32
123
P 196
130
119
125
..
123
P 125
122
119
124
128
o 195
130
128
129
128
133
P 147
147
_.
144
141
142
148
.
133
p 139
126
145
135
141
137
134
141
139
139
M32
r
Re\ ised.
p Preliminary.
i Comparable data for the period prior to April 1957 are not available.
9 Includes data not shown separately.
©Kpvihcd beginning January 1956 to reflect change in previous classification of certain stores to department stores in accordance with 1954 Census of Business- unpublished revisions
(January-May 1956) are available upon request.
cf Hi-visions for 1956 for accounts receivable (1947-49=100): Charge accounts—February, 154; April, 148: July, 135; August, 137; October, 158; installment accounts—May, 310: June, 311- July,
30x \ir~'^~, 309.
fRevised series. S e e corresponding note o n p . S-ll.
^> . • » > • . »
* 158
SURVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-ll
1958
1957
January
February
March
April
May
June
July
October NovemAugust September
ber
December
174
154
'135
150
January
February
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued
Stocks, total U. S., end of month:f
Unadjusted
Seasonally adjusted
1947-49-100
do
Mail-order and store sales:
Montgomery Ward & Co
Sears, Roebuck & Co
r
135
151
63, 367
thous. of dol
do __ 246, 908
142
149
rl
55, 583
223, 750
159
152
155
150
1
70, 062
269, 815
146
153
155
152
1
87, 374 1 90, 288
307, 394 338, 262
1
82, 764
335, 812
144
154
150
153
1
80, 002 i 90, 498
308, 538 344, 491
160
154
172
155
i 88, 603 1 107, 707 i "109,470 1 149, 473
314, 876 329, 811 344, 687 441, 531
p 132
p 147
1
60, 329
236, 560
1
55, 098
208, 771
WHOLESALE TRADE %
Sales, estimated (unadj.), total. _ __ __bil. of dol._
Durable-goods establishments
do
Nondurable-goods establishments
_
_do__ _
11.4
4.3
7.1
10.4
4.0
6.4
11.1
4.3
6.9
11.3
4.3
6.9
11.6
4.4
7.2
11.0
4.2
6.7
11.4
4.3
7.1
11.7
4.3
7.4
11.2
4.2
7.0
12.3
4.5
7.8
11.1
3.9
7.1
10.7
3.7
7.0
10.4
3.5
6.9
Inventories estimated (unadj ), total
Durable-goods establishments
Nondurable-goods establishments
12.9
6.4
6.5
12.8
6.5
6.3
13.0
6.7
6.2
12.8
6.7
6.1
12.6
6.7
5.9
12.5
6.7
5.8
12.5
6.6
5.9
12 7
6.6
6.1
12.8
6.7
6.1
12 9
6.6
63
13.0
6.6
6.4
12 5
6.4
61
12.5
6.4
6.1
do
do
do
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. Armed Forces overseas
thousands.. 169, 800
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over, total
thousands. . 119, 614
170, 045
170, 270
170, 510
170, 737
170, 981
171, 229
171, 510
171, 790
172,069
172, 327
172, 554
172, 790
173,011
119, 745
119, 899
120,057
120, 199
120, 383
120, 579
120, 713
120, 842
120, 983
121, 109
121, 221
121, 325
121, 432
68,638
69, 128
69, 562
69, 771
70, 714
72, 661
73, 051
71, 833
71, 044
71, 299
70, 790
70, 458
69, 379
69, 804
...do
do
do __
do
do
65, 821
62, 578
4,935
57, 643
3,244
66, 311
63, 190
5,195
57, 996
3,121
66, 746
63, 865
5,434
58, 431
2,882
66,951
64, 261
5,755
58, 506
2,690
67, 893
65, 178
6,659
58, 519
2,715
69, 842
66, 504
7,534
58, 970
3,337
70, 228
67, 221
7,772
59, 449
3,007
68, 994
66, 385
6,823
59, 562
2,609
68, 225
65, 674
6,518
59, 156
2,552
68, 513
66, 005
6, 837
59, 168
2,508
68, 061
64, 873
5,817
59, 057
3,188
67, 770
64,396
5,385
59, 012
3,374
66, 732
62, 238
4,998
57, 240
4,494
67, 160
61, 988
4,830
57, 158
5,173
__do
50,973
50,617
50, 337
50, 286
49, 485
47, 722
47, 528
48, 880
49, 797
49, 684
50, 318
50, 763
51, 947
51, 627
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
.do
Manufacturing
do
Durable-goods industries
. . _ do
Nondurable-goods industries
do
51, 716
16, 959
9,990
6,969
51, 704
16, 945
9,992
6,953
51, 919
16, 933
9,976
6,957
52, 270
16, 822
9,927
6,895
52, 482
16, 762
9,895
6,867
52, 881
16, 852
9,913
6,939
52, 605
16, 710
9,756
6,954
52, 891
16, 955
9,802
7,153
53, 152
16, 905
9,710
7,195
53, 043
16, 783
9,687
7, 096
52, 789 r 53, 084 '
16, 573 ' 16, 316
9,584 ' 9, 405
6,911
6,989
Total labor force, including Armed Forces© .__do
Civilian labor force, total
_ __ ..
Emploved©
Agricultural employment
._ ._
Nonagricultural employment
"Unemployed© _ .
_
Not in labor force©
_
50, 987 P 50, 314
15, 880 P 15, 586
9.113 * 8, 859
6,767 P 6. 727
"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
832
110
31
242
833
110
31
243
831
110
30
240
833
111
29
239
835
112
27
239
858
112
31
242
857
113
31
231
862
112
27
238
853
110
28
237
837
106
27
237
829
105
24
236
337
112
2,667
339
110
2,673
339
112
2,756
340
115
2,906
340
118
3,082
355
119
3,232
362
119
3,275
363
121
3,305
356
121
3,285
347
120
3,224
346
119
3,059
345
341
116
"108
'111
' 2, 850 ' 2, 610 * 2, 391
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
4,126
1,139
108
817
757
41
570
4,120
1,133
109
819
761
42
570
4,147
1,132
109
820
764
42
571
4,153
1,136
108
821
766
42
573
4,156
1,137
108
821
767
42
573
4,181
1,145
108
829
770
42
582
4,199
1,140
108
833
782
42
590
4,215
1,149
108
838
782
42
590
4,206
1,137
108
854
772
41
584
4,159
1,115
107
855
767
41
578
4,123
1,082
105
855
767
40
578
4,100
' 1, 064
106
847
'765
40
578
.do _ _ do
do
do ._
do
do
11, 298
3,106
8,192
1,388
1,575
794
11, 225
3,114
8,111
1,333
1,587
793
11, 265
3,117
8,148
1,343
1,591
796
11, 428
3,114
8,314
1,402
1,603
796
11, 411
3,113
8,298
1,382
1,601
798
11, 505
3,140
8,365
1,380
1,607
804
11, 493
3,166
8,327
1,347
1,606
807
11, 499
3,179
8,320
1,352
1,600
805
11, 620
3,180
8,440
1,419
1,614
801
11, 664
3,200
8,464
1,447
1,622
802
do
do _ _
do
_ __ do._ do
do
2,293
6,239
474
330
161
7,302
2,301
6,273
481
328
159
7,334
2,310
6,317
482
328
160
7,360
2,320
6,432
499
329
164
7,376
2,329
6,520
513
334
168
7,387
2,359
6,551
540
337
168
7,343
2,390
6,524
598
338
163
7,157
2,389
6,509
598
333
156
7,157
2,361
6, 541
527
330
161
7,381
2,356
6,547
488
328
164
7,473
do_ _
__ __ __ _do
do .
do
52, 493
17, 053
10, 006
7,047
52, 577
16, 995
9,980
7,015
52, 547
16, 962
9,945
7,017
52, 593
16, 965
9,928
7,037
52, 698
16, 946
9,915
7,031
52, 773
16, 924
9,907
7,017
52, 815
16, 880
9, 869
7,011
52, 844
16, 836
9,844
6,992
52, 662
16, 681
9,700
6,981
52, 469
16,604
9,649
6,955
Wholesale and retail trade .
Wholesale trade
Retail trade9
General-merchandise stores
Food and liquor stores
Automotive and accessories dealers
Finance, insurance, and real estate.
Service and miscellaneous 9
Hotels and lodging places
Laundries
_
Cleaning and dyeing plants
Government
Total, seasonally adjusted
Manufacturing
_
Durable-goods industries
Nondurable-goods industries
'825
'103
26
'234
11, 840 ' 12, 365
3,210 ' 3, 214
8,630 ' 9. 151
1,556 '1,905
1,650 ' 1, 664
810
'822
2,355
6,512
480
325
162
7,498
'807
'101
23
'230
*>793
p97
P225
' 3, 997 * 3, 962
1,019
106
813
760
40
577
' 11, 456 P 11, 302
' 3, 165 P 3, 135
' 8, 291 * 8, 167
' 1, 377 p 1,317
' 1, 635 P 1, 643
'794
P783
' 2, 349 ' 2, 343 P 2, 344
' 6, 473 ' 6, 393 p 6, 398
'471
458
323
321
159
156
' 7, 806 ' 7, 501 P 7, 538
52, 218 ' 51, 980 ' 51, 756 p 51, 151
16, 463 ' 16, 265 ' 15, 970 P 15, 637
9,536 ' 9, 370 ' 9, 130 P8,850
6,927 ' 6, 895 ' 6, 840 P 6, 787
832
841
833
Mining. _
_
__do
831
854
843
853
861
837
849
'821
825
'807
P793
3,020
2,963
3,062
3,059
Contract construction
_
do
3,097
3,108
3,032
3,061
3,013
3,028
2,956 ' 2, 923 '2,900 p 2, 702
4,160
4,168
4,188
4,164
4,168
Transportation and public utilities
do
4,159
4,184
4,148
4,168
4,175
4,076 ' 4, 057 * 4, 008
4,113
11, 465
11, 542
11, 501
11, 519
Wholesale and retail trade __
.do
11, 490
11, 579
11, 636
11, 669
11,590
11, 620
11, 567 'r 11, 508 ' 11, 625 TO 11, 598
2,322
2,324
2,316
2,320
Finance, insurance, and real estate
do
2,336
2,329
2,354
2,343
2,368
2,361
2, 361 ' 2, 367 * 2, 368
2,367
6,366
6,424
6,400
6,401
6,454
6,381
Service and miscellaneous
do __
6,492
6.477
6,482
6,508
6,512 ' 6, 538 ' 6, 523 P 6, 529
7,317
7,310
7.354
7,347
7,331
Government
do
7.427
7. 41 5 r 7 488 r 7. fif>7 P 7 Klfi
7.440
7.374
7.439
7.358
' Revised.
p Preliminary.
* Net sales; not comparable with data through January 1957, which are gross.
f Revised series. Indexes have been revised beginning January 1949 to reflect adjustment to Census of Business benchmarks for 1954 and the up-dating of the seasonal and Easter corrections. Unpublished data (prior to November 1956) are available beginning January 1947 in the December 1957 Federal Reserve Bulletin, pp. 1340-52.
J See corresponding note on p. S-3.
©Estimates beginning January 1957 reflect certain changes in definitions for employment and unemployment. For 1957 estimates based on the old definitions and comparable with figures
prior to 1957, see note in the December 1957 SURVEY and earlier issues.
9 Includes data for industries not shown separately.
SUEVEY OF CUEEENT BUSINESS
S-12
March 1958
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in manufacturing industries:
Total (U. S. Dept. of Labor)
thousands. _
Durable-goods industries
do
Ordnance and accessories
- do
Lumber and wood products (except furniture)
thousands -_
Sawmills and planing mills
. __do_- _
Furniture and
fixtures
do- _ _
Stone, clay, and glass products _
do. Primary metal industries 9
do_
Blast furnaces, steel works, and rolling mills
thousands ..
Primary smelting and refining of nonferrous
metals
thousands _
Fabricated metal prod, (except ordnance, machinery, transportation equip.)
thousands-Machinery (except electrical) _
do_ ...
Electrical machinery
do
Transportation equipment 9
-do. _
Automobiles
do
Aircraft and parts _ _ _ ..
do__ _
13, 150
7,740
81
13, 114
7,721
79
13, 085
12, 960
79
78
594
323
312
453
1,133
589
319
313
449
1,124
593
319
312
451
1,112
559
559
57
12,894
7,600
12, 955
77
76
74
612
329
312
455
1,101
638
338
308
456
1,093
659
346
311
459
1,093
554
549
546
55
55
55
904
1,287
884
1,481
710
595
902
1,294
877
1,482
700
603
898
1,291
869
1,474
689
603
do
do_ __
do
do
120
50
231
379
122
50
230
381
do
do _ _
do
- - do
do
_ __ do
do
5,410
1,015
270
67
134
168
111
Tobacco manufactures
do
Textile-mill products 9
do
Broadwo ven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
thousands ..
Paper and allied products
_ -- do
Pulp, paper, and paper board 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
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg industries
Nondurable-goods industries
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Production workers in manufacturing industries,
seasonally adjusted:
Total
. thousands. _
Durable-goods industries
do .
Nondurable-goods industries
do
12,788
7,432
' 12, 050 v 11,780
- 6, 860 f 6. 628
66
?69
13, 024
12, 992
12, 893
75
73
70
12, 703
7, 305
68
- 12, 458
- 7, 136
67
645
343
309
443
1,075
645
346
317
459
1,077
631
339
319
461
1,061
623
331
317
456
1,049
602
323
312
448
1,029
-581
-313
'307
-435
-1,004
547
543
541
534
523
509
'493
54
54
53
53
52
51
51
-50
49
889
1,277
853
1,446
663
602
883
1,255
847
1,435
652
598
887
1,239
855
1,415
632
594
869
1,207
848
1,373
603
585
878
1,180
861
1,363
610
574
878
1,186
879
1.278
531
561
889
1, 166
869
1,321
590
549
887
1,141
852
1,350
650
519
r 868
-836
1,122
-824
- 1, 342
-661
-506
-1,101
125
50
231
382
123
51
230
382
126
51
226
383
128
53
224
386
126
52
221
369
125
46
225
395
125
52
225
407
124
50
223
405
125
47
222
394
-124
45
219
-368
12i>
43
-213
-348
5, 393
987
258
65
129
169
109
5,392
5,325
5,294
5,352
5, 356
1,120
261
77
221
173
130
5,548
5,595
5,504
1,194
259
75
292
173
125
1,218
263
70
313
172
125
1,143
264
67
229
172
122
5,398
' 5, 322
1,056
258
76
164
172
127
88
935
418
189
84
933
415
190
77
929
410
193
74
919
407
192
73
911
402
193
73
913
401
197
71
895
396
191
90
911
400
197
98
912
399
197
1,076
468
232
1,095
466
232
1,098
467
231
1,069
467
231
1,039
465
230
1,045
469
233
1,024
459
227
1,084
465
229
557
549
214
172
133
216
87
336
221
555
548
212
173
132
213
87
340
222
559
550
211
173
132
211
87
341
223
559
549
208
173
133
191
71
334
219
555
544
207
174
133
204
85
325
214
556
535
206
175
133
197
78
333
219
552
529
203
175
133
200
84
332
219
13, 238
13, 156
13, 109
13, 094
13, 073
7,621
13, 026
12, 969
Production workers in manufacturing industries:
Indexes of employment:
Unadjusted
- 1947-49= 100. .
Seasonally adjusted
do
7,753
5,485
106.3
107.0
7,706
5,450
106.0
106.4
Miscellaneous employment data:
Federal civilian employees (executive branch) :
2, 170. 1 2,173.3
United States, continental
thousands
211.6
211.4
Washington, D. C., metropolitan area
do
Railway employees (class I railways) :
1,020
Total
thousands. . 1,029
Indexes:
76.6
77.1
Unadjusted
1947-49=10076.6
76.5
Seasonally adjusted
do. ._
7,693
989
255
67
127
168
115
7,662
5,447
7,635
990
253
69
135
168
113
7,637
5,457
1,004
253
72
136
169
121
7,603
5,452
7,598
5,428
7,476
7,397
7,389
- 556
v 549
299
297 """""295"
* 410
-415
'- 903
-960
466
-791
- 1, 276
60S
499
1,073
266
65
162
171
120
r 1, 032
-260
64
-144
169
117
- 5, 190
-977
249
63
125
165
109
94
906
397
195
86
893
391
192
-87
884
392
184
-82
-860
385
174
1,084
469
229
1,075
470
229
1,071
469
229
' 1, 060
466
229
553
530
201
175
133
204
84
341
222
563
533
200
175
133
206
84
336
218
567
532
197
173
131
210
84
334
215
566
528
197
171
131
209
84
333
215
-564
'523
-195
169
130
207
84
-332
-218
12, 915
7,517
12, 775
12, 597
5,421
5,398
7,388
5,387
12, 717
7,548
102.7
101.8
7,350
5,367
7,258
5,339
"805
i- 1,075
•' 761
P 1.208
P 204
»350
*5,152
»960
P77
p852
1, 043 *> 1, 056
' 4f fi p 449
226
-557
-517
194
'16S
131
-201
82
'330
220
p 553
P 511
p 167
p 193
P335
r 12, 408 ' 12, 134 P 11,828
- 7, 101 ' 6, 874 p 6, 619
' 5, 307 ' 5, 260 * 5, 209
P95.2
105.8
106.0
104.8
105.9
104.2
105.7
104.7
105.3
103.4
104.9
105.3
104.4
105.0
103.3
104.2
102.8
2, 176. 4
212.0
2, 178. 5
211.9
2, 175. 8
211.4
2, 184. 4
215.2
2, 192. 0
216.0
2, 184. 7
214.3
2, 152. 7
210.6
2, 128. 9
210.2
1,021
1,024
1,038
1,043
1,041
1,040
1,028
1,007
972
-953
P915
^889
76.6
77.2
76.8
77.9
77.8
76.7
78.3
76.6
78.1
76.5
78.0
76.7
77.1
76.9
75.5
77.1
72.8
74.5
*>71.2
P72.8
*68.7
p 66. 8
"68.1
P66.9
161.0
163.8
160.5
164.7
164.7
162.6
160.9
' 157. 4
'149.2
P 145. 4
' 100. 7
' 100. 3
2, 121. 0 -12,443.4
209.4 ' i 211. 7
97.4
98.1
v 95. 6
2, 110. 7
204.3
PAYROLLS
Manufacturing production-worker payroll index, unadjusted (U. S. Dept. of Labor)
__ 1947-49= 100. .
165.5
165.0
164.3
161.5
40.2
2.6
40.9
2.9
42.0
40.2
2.5
40.9
2.7
42.0
40.1
2.5
40.8
2.6
41.6
39.8
2.3
40.5
2.4
41.4
39.7
2.2
40.3
2.3
40.7
40.0
2.4
40.5
2.4
40.7
39.7
2.4
40.0
2.3
40.0
40.0
2.4
40.3
2.4
40.1
39.9
2.5
40.2
2.5
40.1
39.5
2.3
39.8
2.3
39.9
39.3
2.3
39.7
2.3
40.0
39.4
2.0
39.7
1.9
'40. 8
' 38. 6
1.7
'38.9
1.5
'41.3
P 38. 5
»1.6
39.1
38.7
39.8
40.3
41.0
39.6
39.2
40.2
40.6
40.3
39.7
39.4
40.2
40.7
40.1
40.0
39.7
39.7
40.4
39.8
40.2
40.0
39.2
40.8
39.6
40.7
39.9
39.7
40.9
40.2
39.4
38.8
39.3
40.4
39.7
41.1
40.5
40.7
40.9
39.3
39.0
39.2
40.9
40.8
39.4
40.2
39.8
40.7
40.6
38.5
39.1
38.8
39.7
40.1
38.2
39.0
-38.4
-39.9
39.8
'38.1
-38.6
38.0
' 38. 5
'39.2
'37.3
p 39. 0
40.9
40.1
39.7
39.5
39.2
39.8
39.4
38.7
38.8
38.0
37.7
'37.2
36.5
41.2
40.8
40.7
40.7
40.9
41.0
40.5
40.4
40.3
40.1
40.0
'40.3
40.0
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries
hours. Average overtime
do__.
Durable^goods industries.
do
Average overtime
do __
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours. Sawmills and planing mills
do
Furniture and
fixtures
_
do
Stone, clay, and glass products
do
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
hours. .
Primary smelting and refining of nonferrous
metals
hours..
' Revised.
P Preliminary.
1 Includes Post Office
9 Includes data for industries not shown.
P38.8
» 1.5
P 41. 1
*>38.2
p38. 7
*37.2
employees hired for Christmas season; there were about 327,300 (revised) such employees in continental U. S. in December 1957.
SURVEY OF CURRENT BUSINESS
March 1958
S-13
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
October NovemAugust September
ber
July
December
January
February
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc.— Continued
All manufacturing industries— Continued
Durable-goods industries— Continued
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
hours. _
Machinery (except electrical)
do
Electrical machinery __
do._
40.8
41 9
40.4
41.0
41 9
40.6
41.0
41 8
40.5
40.9
41 4
40 3
40.9
41 1
40 1
41.2
41 1
40 3
40.7
40 7
39 7
41.0
40 5
40 2
41.4
40 7
40 2
40.7
40 2
39 4
40.5
39 7
39.5
Transportation equipment 9
- --- do
Automobiles
do
Aircraft and parts
do ___
Ship and boat building and repairs. _ _ _ do __
Railroad equipment
.
do __
41.7
41 3
42.6
40.2
40.3
41.5
41 2
42.3
40.0
40.4
41.1
40 3
42.2
40.0
40 6
40 6
39 4
42 0
40.2
40 5
39 9
39 1
40 6
40.3
39 9
40
39
40
40
39
39
38
40
40
40
40
40
40
40
39
39
39
40
39
40
7
3
2
4
1
39 5
39 1
40 1
39.0
38 7
40.7
42 1
40.0
37.1
39 6
Instruments and related products
Miscellaneous mfg industries
40.7
40 0
41.0
40 3
40 7
40 6
40 6
39 9
40 2
39 8
40 5
39 9
40 1
39 5
40 0
40 0
40 4
40 3
39 9
40 0
39 1
40 2
40.7
41 8
37.8
39.8
39.2
39 3
2.3
40 1
39.8
41 7
37 9
40.0
39 5
39 1
23
39 8
39 3
42 0
37 1
39.8
39 4
38 9
2 2
40 0
39 9
41 9
37 4
40.2
39 8
38
2
40
40
42
37
40
40
9
2
4
7
6
8
4
1
39
2
40
41
43
38
40
40
2
4
9
1
1
0
9
6
39
2
41
40
43
41
41
41
4
5
5
8
7
4
0
4
39
2
40
40
42
40
40
40
5
5
9
2
3
7
6
7
39
2
41
41
42
41
40
40
6
6
2
1
2
0
3
1
39
2
40
40
41
38
40
39
Tobacco manufactures
_ _ __ . __ do __
Textile-mill products 9
do
Broadwoven fabric mills
_
_ do.
Knitting mills
do
38.8
39 1
39.7
36.8
38.5
39 2
39. 1
37.3
37 9
38 9
39 0
37.2
36 8
38 6
38 8
37.0
39
38
38
36
1
4
6
8
38
38
38
37
6
9
9
3
39
38
38
37
6
6
8
2
38
39
39
37
4
1
3
9
39
39
39
37
8
1
4
9
00
Apparel and other finished textile prod
do
Paper and allied products
do
Pulp, paper, and paperboard mills
do ._
Printing, publishing, and allied industries
hours.Chemicals and allied products
do
Industrial organic chemicals
do
Products of petroleum and coal
do_ _ Petroleum refining
_ do
Rubber products _
. _
do _
Tires and inner tubes
do
Leather and leather products.
do
Footwear (except rubber) _ _
do
35.9
42.3
43.9
36.5
42 3
43.7
36.5
42 3
43. 5
35.7
42 1
43.4
35.8
42 0
43 3
35.8
42 2
43 1
36.1
42 3
43 4
36.8
42 5
43 3
38.3
41.3
41. 1
41.1
41.3
40.9
41.4
38.0
37.9
38.5
41.2
40 9
40.8
40 7
40.9
41 0
38.3
38 1
38.8
41.2
40 8
40.7
40 7
40.4
40 0
38 0
37 9
38.5
41.2
40 9
41.2
41 4
40.0
40 1
36.9
36 5
38.4
41.2
41 0
40 9
40 9
40 0
40 1
36 3
35 6
38.4
41.2
41 1
40 9
40 9
40 9
41 4
37 8
37 4
38.3
41.0
40 9
41 5
41 4
41 3
42 5
38 1
37 9
41.9
35.9
37.5
41.4
32 0
38.4
41 2
27 8
37 4
40 8
31 1
37 0
41 0
30 8
35 8
41 0
34 3
37 6
41.6
42.0
34.7
37.2
34.1
40.6
43.1
36.9
39.6
36.3
40.5
43.4
36 7
39.4
36 0
40.3
43.3
36 8
39.1
36 2
40.4
44 3
37 2
39.8
36 4
43.0
38 7
41.7
40.9
42.7
39 0
41.8
40.8
42 9
38 7
41 9
40.8
43 0
38 7
41 4
40.9
43
39
42
40
__do _
do
Nondurable-goods industries
do
Average overtime
___
do
Food and kindred products 9
do
Meat products
__
do
Dairy products
do
Canning and preserving
_ __ _ _ do
Bakery products
do
Beverages
do
_
..
_
__.
Nonmanufacturing industries:
Mining:
Metal
do_ _
Anthracite
do
Bituminous coal
do.
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production.. hours. _
Nonmetallic mining and quarrying __ ... do__ _
Contract construction
_
do
Nonbuilding construction
___do. ..
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do. _.
Telephone
do
Telegraph
_ __
do_
Gas and electric utilities
do. __
Wholesale and retail trade:
Wholesale trade..do. _.
Retail trade (except eating and drinking places) 9
hours-General-merchandise stores
_
do
Food and liquor stores
__ _ ... .do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
.
. __ _ __do
Laundries
do
Cleaning and dyeing plants
..do.. .
Industrial disputes (strikes and lock-outs) :
Beginning in month :
Work stoppages
number-Workers involved.
_. thousandsIn effect during month:
Work stoppages
number-Workers involved.
... thousands
Man-days idle during month
do
U. S. Employment Service placement activities:
Nonagr icultur al placements
thousands - Unemployment compensation, State and UCFE programs (Bureau of Employment Security) :
Initial claims
thousands. Insured unemployment, weekly average
.do..
Percent of covered employment*
2.3
7
0
5
7
39.4
39 7
'39.1
"39.2
p39 3
P38.9
r
40. 2
T
40 2
r
40. 6
r
39.
0
r
r
38. 7
37 2
40.5
38.6
39.2
p38. 7
40 0
39 7
r
39
r
r
39. 4
r
p39 6
v 39 2
0
4
2
7
6
2
0
4
38
2
40
41
41
37
40
39
39 0
2 2
40 7
r
40 6
r 42 o
r
38 0
r
40 1
'39 6
r
Q
37 5
38 6
39 0
37.3
r
39 1
39 5
37 8
r
T
36.7
42 9
43 6
35.9
42 4
43.4
35.4
41 9
42 9
38.5
41.0
41 0
40 6
40 0
40 9
41 0
38 1
37 8
38.7
41.2
41 0
41 5
41 2
40 6
40 3
37 2
36 6
38.4
41.0
40 8
40 6
40 2
40 1
39 1
36 8
36 1
40 6
33 1
36 3
41 2
41 3
35 3
36 9
41.2
45 0
37 8
40 7
36 9
41.2
44 9
37 9
41 8
36 8
40.5
45 6
44
39
42
40
43
39
42
41
1
6
6
4
8
1
2
2
9
5
5
4
5
0
7
5
2
2
2
0
4
2
6
8
4
4
1
4
2
0
1
r
40.2
40 3
39. 5
r
39 8
8
39 7
39 1
r 38 9
T
r
39 2
r
39 5
37 1
38 3
1.9
40 1
39 7
41 9
37 6
39.8
39 2
39 2
37 5
37 7
35. 7
p 37 7
P 37 7
35. 0
p 35. 2
p 41 2
' 35. 2
41 0
43 2
r
38.0
41.0
40 8
40 7
40 8
40 0
39 2
36 5
35 7
38.641.3
r 40 9
r 40 8
r
41 1
T 40 o
r 39 2
r
37 4
36 9
-37.7
40.8
40 3
T
40 6
40 8
r
38 3
36 9
37 1
37 0
39 8
31 5
36 4
39 4
28 9
33 5
r 39 g
26 5
35 5
39 2
30 4
34 2
40.5
44 7
37 5
40 6
36 6
40.8
42 6
34 9
36 6
34 4
41.5
42 1
37 2
41.8
45.0
37 7
40 8
36 8
41.2
41 7
35 8
38 1
35 3
43
38
41
41
43
38
41
40
43
39
41
41
42
40
41
41
q-i
q
36 5
00
0
4
9
9
0
5
8
9
9
0
2
5
0
9
0
0
0
r
r 42 1
35 5
r 37 9
34 9
r
43 i
38 6
40 9
41 2
p38 2
v 1.8
p 39 r>
41 4
42 7
42
37
41
40
P 37. 9
P 40. 5
P 40 0
p 38 1
p 37 0
6
9
1
9
40.2
40.2
40.1
40.0
40.1
40 2
40 4
40 4
40 4
40 2
40 0
r 40 4
40 1
38.2
34.6
36.8
43.8
38.2
34.3
36.7
43.9
38.0
34 1
36.6
43.8
38.0
34 4
36.7
43.8
38.0
34 0
36.7
44.0
38.2
34 4
37 1
43.9
38.6
34 6
37 9
43 9
38.7
34 9
37 7
43 9
38.1
34 2
36 7
43 8
37.6
33 7
36 1
43.6
37.5
33 7
36 0
43 5
38.3
r
36 0
r
36 1
r 43 7
37.9
34 1
35 6
43 7
40.4
39.8
38.7
40.3
39 8
38.2
40.6
39 9
38.7
40.2
40 0
40.2
40 4
40 3
40.3
40 2
40 4
40 0
40 3
39 8
38 1
40 6
39 4
37 6
40 1
39 6
39 2
40 0
39 4
38 9
40 0
39 0
38 0
r 39 9
39 5
r 38 4
39 7
39 j
38 4
225
60
225
60
250
80
400
150
475
190
400
140
400
160
350
140
300
270
300
100
r 50
150
100
T 20
^200
p 90
325
80
550
350
130
825
375
120
775
525
190
1,380
650
260
1,850
600
220
1,850
625
260
2, 500
575
220
1,600
525
315
1, 670
500
185
1,350
' 325
100
700
'220
40
400
P300
P 110
P750
433
387
425
480
534
528
533
536
561
540
406
360
355
1,565
1,737
4.4
1,002
1,730
4 3
897
1,592
4 0
1,099
1,475
36
1,001
1,350
33
881
1,251
30
1,267
1,285
3. 1
842
1,151
2.8
1,032
1 167
2 8
1, 193
1 237
30
1, 346
1 513
36
2,024
9 j]2
51
2, 285
2 877
6 9
3 163
Benefit payments:
i p,9Q
Beneficiaries, weekly average
thousands
1 500
1 311
1 453
1 022
1 530
1 199
1 061
1 172
1 020
975
1 146
2 0/19
Amount of payments
thous. of dol._ 177, 598 164, 860 168, 841 154, 329 145, 657 123, 540 130, 130 121, 333 113, 325 131, 832 136, 627 207,110 313,012
Veterans' unemployment allowances:
90
07
Initial claims
thousands
31
21
23
21
18
16
24
20
16
18
21
Insured unemployment, weekly average . _ do _
45
34
47
39
49
35
33
34
29
24
30
41
58
Beneficiaries, weekly average
do
53
62
51
62
40
43
40
41
39
28
32
46
66
5,572
Amount of payments
thous. of dol..
5,594
5,886
4,222
5,155
3,710
4,406
4,539
3,793
3,013
3,104
4,574
6,925
r
Revised.
v Preliminary.
9 Includes data for industries not shown.
*New series. Expresses average insured unemployment in each month as a percentage of average covered employment for the most recent 12-month period for which data are available1
the lag for covered employment data may range from 6 to 8 months. Monthly data for January 1953-September 1956 are available upon request.
SURVEY OF CURRENT BUSINESS
S-14
March 1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
1958
July
August
Septem- October
ber
Novem- December
ber
January
February
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Labor turnover in manufacturing establishments:
Accession rate
.monthly rate per 100 employees. .
Separation rate, total
_
_ - do _
Discharge
do
Lay-off
- --- do
Quit
do
Military and miscellaneous
- - __do_ _
3.2
3.3
.2
1.5
1.3
.3
2.8
3.0
.2
1.4
1.2
.2
2.8
3.3
.2
1.4
1.3
.2
2.8
3.3
.2
1.5
1.3
.2
3.0
3.4
.3
1.5
1.4
.3
3.9
3.0
.2
1.1
1.3
.2
3.2
3.1
.2
1.3
1.4
.2
3.2
4.0
.3
1.6
1.9
.3
3.3
4.4
.2
1.8
2.9
4.0
2
2.3
2 2
13
82.41
89.16
95.76
82.41
88. 75
96.18
82.21
88.94
95.68
81.59
88.29
95.63
81.78
87. 85
94.02
82.80
88.70
94.83
82.18
88.00
93.60
82.80
89.06
93.83
67.25
66.95
68.46
81.41
68.51
68.21
69.55
81.61
70.27
69.74
69. 55
82.21
72.00
70.67
68.28
81.20
73.16
72.00
67.82
82.42
74.89
73. 42
69.08
83.44
71.71
70.23
68.38
82.82
.2
2.2
4.0
2
2.7
9
.2
82.99
89.24
95.04
82 56
88. 75
94 96
82.92
88. 93
96.00
75.62
74.12
71.63
84.25
71.76
72.13
72.39
84.86
73.97
72.44
72 04
84. 85
71.94
71.00
69 48
84,21
••71.37
r
69. 50
r
70 62
83.18
r
r
r
.2
'1.7
r
p2. 4
p4 6
p 2
*>3 4
P 8
v 2
o o
2
r 2 7
r 7
.2
WAGES
Average weekly gross earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars
Durable-goods industries _ __ _
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars, _
Sawmills and planing mills _ _ _ _ . _ do _
Furniture and
fixtures
do
Stone clay, and glass products _
_ _ do
82.74
88.93
98. 74
r
r
81 06
87 14
100 77
r
r
r
r
P 80 85
p86 52
P 100 70
09. 48
66 88
67 38
82 32
p 07 01
p 81 27
95 49
P 95 23
P 70. 20
Primary metal industries 9
- do _
Blast furnaces, steel works, and rolling mills
dollars _ _
Primary smelting and refining of nonferrous
metals
- - - - dollars
Fabricated metal prod, (except ordnance, machinery, transportation equip.)
dollars. Machinery (except electrical)
do
Electrical machinery
do
101. 27
99.14
98.65
97.91
97.42
99.70
100. 44
99.82
101. 26
98.18
97.41
108. 79
105. 06
104. 01
103. 89
102. 31
104. 67
107. 17
105. 65
107. 09
103. 74
102. 54
«• 101. 18
100. 74
94.76
93.43
93.61
94.02
94.89
95.53
95.18
96.96
97.53
97.04
96.00
' 97. 12
96.40
86.90
95.11
82.82
87.33
95.11
83.23
87.74
95.30
83.43
87.94
94.39
83.02
88.34
93.71
82.21
89.40
94.53
83.02
89.13
93.61
81.39
90.20
93.15
82.81
91.91
94.42
83.21
90.35
93.67
81.95
90.32
92.90
82.95
r 89. 24
94.30
f
83. 35
87.47
" 92. 90
r
82 89
p 87. 02
p 92. 30
p 82 47
Transportation equipment 9
Automobiles
99.25
100. 36
98.36
99.29
97.82
97.12
96.22
94.17
94.56
93.84
96.24
97.42
95.20
94.71
97.69
98 80
97.66
99.43
97.57
99 31
101. 75
108 62
r
r
p 94 82
-
do
do
r
97. 16
99. 70
100. 90
r
95. 20
92 26
99.26
93.67
98.74
98. 56
94.40
98.98
99.17
94.80
100.28
99.12
94.87
100.44
94.60
96.32
98.55
95.00
96. 15
99.10
94.94
97.20
100. 80
96. 15
97.28
99.79
95. 68
96.53
103. 86
95 84
95. 55
99.46
96 40
90.15
102. 56
.__ _do __
_ _ do
84.66
72.40
85.69
72.94
85.47
73.49
85.26
72.22
84.42
72.04
85. 46
71.82
84.61
71. 50
84.00
72.00
86.46
72.94
85. 39
72.40
85. 60
72. 25
do
--do
do.
-do
__ do
-do
72.73
77.18
87.10
75.66
61.99
73.23
84.67
73.10
77.39
85.57
75.06
61.78
74.00
85.72
73.12
76.81
83.71
76.02
61.59
73.23
86.29
72.74
77.20
84.99
75.84
62.83
74.37
87.16
73.13
78.38
86.28
77.53
62. 75
75. 55
88.62
74.09
78.94
87.13
78.87
61.18
76.89
91.35
74.47
79.27
87.31
80.85
64.17
77.49
92.74
74.26
77.71
85.22
77.83
65.93
76.33
89.95
75.24
79.10
89.60
78.91
66.01
76.57
89.42
74.10
77.99
89. 13
77.38
62.65
76.40
87.47
74.50
79.18
90. 83
77.00
60.26
77.60
86.80
Tobacco manufactures
- do
Textile-mill products 9
_
... -do
Broadwoven fabric mills
do
Knitting mills
_ _ _ _ _ _ _ _ _ d o - __
Apparel and other finished textile products
dollars _ _
57.81
58.65
57.57
53.36
57.37
58. 80
56.70
54.09
57.99
58. 35
56.55
54.31
57.04
57.90
56.26
53.65
61.78
57.60
55.97
53.73
60.99
58. 35
56.41
54.46
63.76
57.90
56.26
53.94
57.22
58. 65
56.99
55.33
58.11
59.04
57. 52
55.71
56.30
59. 04
57.67
55.19
58. 13
58.29
56.94
54.46
r 60. 61
53.49
54. 39
54.75
52.84
52.98
53. 34
54.15
55.20
55.42
53.49
53.10
' 52. 80
Paper and allied products- __ _
_ _ do _ _
Pulp paper, and paperboard mills
do
Printing, publishing, and allied industries
dollars. _
Chemicals and allied products _ . . .. do
Industrial organic chemicals
do
84.18
93.07
84.60
93. 08
84.60
92.66
84.20
92.44
84.42
92.23
85.67
93.53
87.14
95.48
87.55
95.26
89.23
96.79
88.19
96.35
87.15
95.24
87.15
r 95. 90
94.22
89.21
94.94
95. 48
89.40
94.89
96.61
89.40
95.06
95.87
89.40
95. 30
96.38
90.64
96.35
96.38
91.88
97. 82
96.13
92.25
98.16
96. 64
92.25
98.40
97.91
92.70
98.81
97. 15
91.84
98. 33
96. 14
92.66
98.74
98.43
93.34
99. 39
r 95. 76
92.62
97. 93
P 90. 27
p 91. 94
106. 45
110.68
91. 21
107.64
57. 76
55. 71
104. 45
107. 86
90.80
106. 19
58. 60
56 39
104. 60
108. 26
89.28
102. 40
58.52
56. 47
106. 71
110.95
87.60
103. 46
56. 83
54. 39
106. 75
110. 84
88.80
103.46
55. 90
53. 04
108. 79
113. 70
91.21
107. 23
58.21
55. 73
111.64
115.92
94.16
112.20
58. 29
56.09
109. 21
111.60
92.84
1 07. 83
58. 67
50. 32
113.30
117.01
92.97
107. 20
57. 66
54. 90
110.03
113.36
93. 03
105. 18
57. 04
54. 15
111.11 r 111.38 r 1 10. 43 p 108. 40
1 1 5. 87 r 116. 31
115.00
r 92. 40
93. 20
'• 87. 71 v 87. 63
100.62 >• 105. 84
98.52
' 57. 97
57. 31
57. 88
v 57. 72
55. 3f>
55. 50
58.91
98. 05
105. 55
110.63
97.29
95.36
112.51
97. 23
79. 79
109. 58
97.10
92. 06
111.74
97. 58
88. 70
107. 76
98.81
100. 50
114.68
100.28
95. 33
112. 17
101.35
91.08
110.96
102.84
105. 19
112.91
98. 31
93. 87
1 10. 66
90. 53
84. 68
102. 18
' 97. 51 90 04
77.91
89. 98
' 107. 92 103. 97
104 83
82.32
98. 55
94.86
99. 57
101 91
84. 05
104. 80
101. 38
105.63
101 25
84.63
104. 23
100. 47
104. 76
100 75
84.87
104. 88
100. 88
105. 70
104 23
87. 71
106. 39
103. 88
107. 02
109 18
90. 45
108.11
106. 63
108. 49
110 00
90.70
109. 15
110.77
1 08. 93
106 52
92. 57
111.07
112.41
110.48
113.28
92. 25
110.84
110. 16
111.14
106 92
91. 19
110.25
109. 21
110.53
109 34
80. 90
103. 30
98.82
104. 23
111.64
80. 31
105. 44
* 102. 33
' 106. 45
111 24
84. 05
107. 04
102. 11
I OS. 37
86.86
73.92
86.32
92.84
86. 25
74.88
86.94
92.62
86 66
74.30
87.57
93 02
87.29
74.69
86.11
94.07
88.71
75. 66
89.25
93.61
89. 96
76.44
88.62
95. 30
90.02
76. 63
88.62
96. 41
89. 40
75.47
87.99
95.94
90. 05
75.66
87.99
96.93
89.01
77.22
87. 15
97.58
88.80
79.20
85.69
97.99
89. 65
»• 77. 59
85. 89
98. 8H
88.01
70. 18
85. 90
97.75
Aircraft and parts
do
Ship and boat building and repairs . do
Railroad equipment _ _ _ _ _
do. __
Instruments and related products
Miscellaneous mfg industries _ _
Nondurable-goods industries
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Products of petroleum and coal
Petroleum refining
Rubber products
_
Tires and inner tubes
Leather and leather products.
Footwear (except rubber)
dO
- do
do
do_
.. dodo
do. -
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
B ituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
JNTonmetallic 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 dveine Dlants
__ _ _
r
Revised.
P Preliminary.
9 Includes data for industries not shown.
99. 06
94. 77
104. 67
r
r
98 82
93 41
101. 92
r
85. 57 ' 84. 71 p 85. 14
' 72. 65 r 72 52
p 72 52
74.88
«• 73. 54
r 80. 18
r 80. 20
r 89. 32
r 78. 96
r 63. 84
' 77. 39
r
88. 70
r
r
r
58.35
57. 28
54. 17
r
r
61. 15
r 50. 25
54.07
52.48
p 58 81
•P 50. 55
r
52. 50
p 52. 80
86.11
94.37
P 85. 70
82.81
82.81
83 01
82.80
83.81
84. 82
85. 65
85.24
86. 05
85. 63
85. 60
' 86. 40
85.81
61.50
43 94
63 66
82.34
61 50
43 90
63 86
82.53
61 56
43 65
63 68
82.78
61. 56
44 38
63.86
83.22
62.32
44 54
64.59
84.48
63.41
45 75
65.67
85.17
64. 46
45 67
67.46
84.73
64. 63
45 72
67.11
84.73
64.01
44.80
66.06
84.10
62. 79
44.48
65. 34
82.84
62. 25
44. 15
65.52
82.65
62. 43
r
40. 08
r
05. 34
r 82. 10
03. 67
40 04
04. 44
82. 10
do
63 82
63 74
63 89
63 78
63 67
63 80
64 52
64 31
64.48
64.74
64.64
r
65. 1 5
65. 93
do
do
do. ._
42.42
42. 59
49.92
42. 32
42. 59
48.90
42.63
42.69
49.54
42.21
43.20
52.26
43.23
43. 93
52.79
43.42
44.04
52.40
43.93
43.38
49.91
44.25
43.34
48.88
44.11
43.96
51. 35
44.00
43.73
51. 35
44.40
43. 29
49.78
r
44. 69
43. 85
50. 30
44.46
43. 40
49. 92
r
p 73. 34
p 79. 40
88. 53
79.01
64 67
70.81
87 42
SUEVEY OF CURRENT BUSINESS
March 1958
S-15
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
February
EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly gross earnings (U. S. Department of
Labor) :
All manufacturing industries dollars
Excluding overtime t
do
Durable-goods industries
__
do
Excluding overtime t
- do_
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars _.
Sawmills and planing mills
do
Furniture and fixtures. _
do. _
Stone, clay, and glass products
do
Primary metal industries 9
_ _ do
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment) -..dollars-Machinery (except electrical)
do _ _
Electrical machinery
do
2.05
1.98
2.18
2.10
2.28
2.05
1.99
2.17
2.10
2.29
2.05
L99
2.18
2.11
2.30
2.05
2.00
2.18
2.11
2.31
2.06
2.00
2.18
2.12
2.31
2.07
2.01
2.19
2.13
2.33
2.07
2.01
2.20
2.14
2.34
2.07
2.01
2.21
2.14
2.34
2.08
2.02
2.22
2.16
2.37
2.09
2.03
2.23
2.16
2.38
2.11
2.05
2.24
2.18
2.40
2.10
2.05
2.24
2,19
2.42
2.10
2.06
2.24
2.20
'2.44
v 2. 10
1.72
1.73
1.72
2.02
2.47
1.73
1.74
1.73
2.01
2.46
1.77
1.77
1.73
2.02
2.46
1.80
1.78
1.72
2.01
2.46
1,82
1.80
1.73
2.02
2.46
1.84
1.84
1.74
2.04
2.48
1.82
1.81
1.74
2.05
2.53
1.84
1.83
1.76
2.06
2.54
1.84
1.84
1.77
2.08
2.57
1.84
1.82
1.77
2.09
2. 55
1.84
1.83
1.75
2.10
2.55
' 1.83
'1.80
I. 76
' 1.75
' 2. 10
'2.56
P 1.80
2.66
2.62
2.62
2.63
2.61
2.63
2.72
2,73
2.76
2.73
2.72
2.72
2.76
2.30
2.29
2.30
2.31
2.32
2.33
2.35
2.40
2.42
2.42
2.40
'2. 41
2.41
2.13
2.27
2.05
2.13
2.27
2.05
2.14
2.28
2.06
2.15
2.28
2.06
2.16
2.28
2.05
2.17
2 30
2.06
2.19
2.30
2.05
2.20
2.30
2.06
2.22
2.32
2.07
2.22
2.33
2.08
2.23
2.34
2.10
'2.22
2.34
2.11
2.22
'2.34
2.12
P2.22
v 2. 35
J>2. 12
do
do
do
do
do
do
do
2.38
2.43
2.33
2.33
2.45
2.08
1.81
2.37
2.41
2.33
2.36
2.45
2.09
1.81
2.38
2.41
2.35
2.37
2.47
2.10
1.81
2.37
2.39
2.36
2.36
2.48
2.10
1.81
2.37
2.40
2.33
2.39
2.47
2.10
1.81
2.40
2.46
2.34
2.38
2.49
2.11
1.80
2.41
2.46
2.35
2.40
2.52
2.11
1.81
2.43
2.47
2.38
2.42
2.52
2.10
1.80
2.46
2.53
2.38
2.45
2.59
2.14
1.81
2.47
2.54
2.39
2.45
2.57
2.14
1.81
2.50
2.58
2.41
2.43
2.59
2.14
1.82
2.48
2.51
'2.44
'2.43
'2.63
2.15
'1.83
'2.46
2.48
2.44
2.42
2.60
2.15
1.85
v 2. 45
__ __ __ do
do
do
do
do
do
do
1.86
1.81
1.92
2.14
1.81
1.64
1.84
2.16
1.86
1.81
1.93
2.15
1.80
1.63
1.85
2.17
1.87
1.81
1.93
2.13
1.81
1.66
1.84
2.19
1.87
1.82
1.93
2.13
1.81
1.68
1.85
2.19
1.88
1.83
1.94
2.12
1.82
1.66
1.87
2.21
1.89
1.83
1.93
2.12
1.83
1.61
1.88
2.25
1.89
1.84
1.91
2.14
1.85
1.55
1.89
2.24
1.88
1.83
1.90
2.12
1.84
1.62
1.88
2.21
1.90
1.84
1.92
2.18
1.87
1.61
1.90
2.23
1.90
1.85
1.94
2.19
1.86
1.64
1.91
2.22
1.92
1.86
1.96
2.21
1.86
1.62
1.94
2.22
1.92
1.86
'1.97
2.20
1.88
'1. 68
1.93
2.24
1.92
1.88
2.00
2.23
1.90
1.72
1.93
2.23
v 1.92
Tobacco manufactures
do __
Textile-mill products 9
do
Broadwoven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars _ _
Paper and allied products
do
Pulp paper, and paperboard mills
do
Printing, publishing, and allied industries-do
Chemicals and allied products _
do
Industrial organic chemicals
do
1.49
1.50
1.45
1.45
1.49
1.50
1.45
1.45
1.53
1.50
1.45
1.46
1.55
1.50
1.45
1.45
1.58
1.50
1.45
1.46
1.58
1.50
1.45
1.46
1.61
1.50
1.45
1.45
1.49
1.50
1 45
1.46
1.46
1.51
1.46
1.47
1.47
1.51
1.46
1.46
1.55
1.51
1 46
1.46
' 1. 55
1.50
1.45
1.46
' 1. 56 v 1.56
pl.50
1.50
1.45
1.47
1.49
1.99
2.12
2.46
2.16
2.31
1.49
2.00
2.13
2.48
2.17
2.32
1.50
2.00
2.13
2.49
2.17
2.33
1.48
2.00
2.13
2.49
2.17
2.33
1.48
2.01
2.13
2.51
2.20
2.35
1.49
2.03
2.17
2.51
2.23
2.38
1.50
2.06
2.20
2.51
2.25
2.40
1.50
2.06
2.20
2.51
2.25
2.40
1.51
2.08
2.22
2.53
2.25
2.41
1.49
2.08
2 22
2.53
2.24
2.41
1.50
2.08
2.22
2.53
2.26
2.42
' 1. 50
2.08
2.22
2.55
2.26
'2.43
1.50
2.08
2.21
'2.54
2.27
2.43
p i . 50
P2.08
Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
2.59
2.68
2.23
2.60
1.52
1.47
2.56
2.65
2.22
2.59
1.53
1.48
2.57
2.66
2.21
2.56
1.54
1.49
2.59
2.68
2.19
2.58
1.54
1.49
2.61
2.71
2.22
2.58
1.54
1.49
2.66
2.78
2.23
2.59
1.54
1.49
2.69
2.80
2.28
2.64
1.53
1.48
2.69
2.79
2.27
2.63
1.54
1.49
2.73
2.84
2.29
2.66
1.55
1.50
2.71
2.82
2.32
2.69
1.55
1.50
2.73
2.84
2.33
2.72
1.57
1.51
'2.73
'2.83
2.31
'2.70
1.55
1.50
'2.72
2.82
'2.29
2.67
1.56
1.50
"2.71
2.34
2.94
2.95
2.35
2.98
2.93
2.36
2.87
2.93
2.38
2.96
3.02
2.38
2.88
3.01
2.41
2.93
3.05
2.47
2.88
3.09
2.46
2.91
3.04
2.49
2.98
3.06
2.47
2.98
3.04
2.45
2 93
3.05
2.45
2.94
3.04
2.45
2.96
3.04
2.52
1.96
2.84
2.55
2.92
2.51
1.95
2.84
2.56
2.91
2.50
1.95
2.84
2.55
2.91
2.50
1.96
2.85
2.58
2.92
2.58
1.98
2.86
2.61
2.94
2.65
2.01
2.86
2.62
2.94
2.67
2.02
2 88
2.65
2.96
2 63
2.03
2 90
2.67
2.97
2.71
2.05
2.94
2.70
3.02
2.64
2.04
2.94
2.69
3.02
2 68
2 04
2 96
2 70
3.03
2 69
2.05
2 97
'2.70
'3.05
2.70
2.03
2.99
2.68
3.07
2.02
1.91
2.07
2.27
2.02
1.92
2.08
2.27
2.02
1.92
2.09
2.28
2.03
1.93
2.08
2.30
2.03
1.94
2 10
2.30
2.04
1.95
2.10
2.33
2.06
1.94
2 10
2.34
2.06
1 94
2 10
2 34
2.07
1.95
2.10
2.37
2.07
1.97
2 10
2.38
2 07
1 98
2 09
2 39
2.08
2 01
2 10
2.40
2.08
2.01
2 09
2.39
2.06
2.06
2.07
2.07
2 09
2.11
2 12
2 11
2.13
2.13
2 14
' 2 14
2 14
1.61
1.27
1.73
1.88
.61
.28
.74
.88
1.62
1.28
1.74
1.89
1.62
1.29
1.74
1.90
1.64
1.31
1.76
1.92
1.66
1.33
1.77
1.94
1.67
1 32
1.78
1 93
1 67
1 31
1.78
1 93
1.68
1.31
1.80
1.92
1.67
1 32
1.81
1.90
1 66
1 31
1 82
1 90
1.63
1 28
1.81
1.88
1.68
1 35
1.81
1.88
1.05
1.07
1.29
.05
.07
.28
1.05
1.07
1.28
1.05
1.08
1.30
1.07
1.09
1.31
1.08
1.09
1.31
1.09
1.09
1 31
1.09
1 10
1 30
1.10
1.11
1.31
1.10
1.11
1 32
1. 11
1 11
1 31
1.12
1.11
1 31
1.12
1.11
1 30
2.212
3.456
3.098
2.220
3.457
3.106
2.220
3.462
3. 107
2.225
3.467
3.118
2.256
3.486
3. 159
2.286
3.510
3.183
2.299
3 543
3.210
2.333
3.581
3.221
2.334
3.585
3.237
2.334
3.604
3.237
2.336
3 606
3.242
2.344
3.629
3.248
2.373
3. 626
3.247
.95
2.198
1.86
2.240
2.208
.92
2.212
1.82
2.236
2.272
.93
2.249
1 88
2.263
2.284
.84
2.254
1.98
2.409
2.401
Transportation equipment?
Automobiles
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg, industries
Nondurable-goods industries
Excluding overtime t
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
(J0
do _
do
do
do
do
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod
dollars
Nonmetallio mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
_
do
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
_dol. per hr_.
S killed labor
do
Equipment operators*
do
Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
do .Road -building wages, common labor (qtrly) do
'
1.81
1.77
2.09
2. 55
v 2, 23
v 2. 4f>
v 1, 77
»2.10
v 2. 56
v 2. 15
v 1.85
P2.01
* 2. 54
P2.27
P2.30
pl.56
2.379
3.624
3. 286
.97
1.96
' Revised.
*> Preliminary.
JData through 1956 shown in the 1957 edition of BUSINESS STATISTICS are based on adjustment factors; the 1956 figures therein have since been revised to reflect calculations from overtime
hours now regularly collected. Revisions for 1956 appear in the August 1957 SURVEY; the published estimates through 1955 are essentially comparable.
9 Includes data for industries not shown separately.
§ Rates as of March 1, 1958: Common labor, $2.382; skilled labor, $3.628; equipment operators, $3.286. Scattered monthly revisions for 1952-55 for skilled labor rates are available upon
request.
*New series. Data are arithmetic averages of wage rates for equipment operators in 20 cities. The three types of equipment covered are tractors (including bulldozers, on 70-100 h. p.
machines), powor cranes and shovels (% cubic yard), and air compressors. For data back to January 1956, see the December 1957 SURVEY.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
Mnrch
1958
1957
January
February
March
April
May
June
July
Novem- DecemOctober
August September
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
mil of dol
984
483
979
454
1,000
1,227
459
501
3,185
1 836
411
938
3,234
1 855
'389
990
3,287
1 870
384
1,033
3,327
1 877
409
1,041
197, 231
74, 786
42, 113
192, 701
72, 328
40, 182
197, 257
71, 780
42, 128
193, 349
74, 512
39, 942
51,016
24, 970
994
23, 149
21,627
51, 494
24, 960
23, 421
21, 562
51,387
24, 704
595
22, 887
21, 626
23, 169
21,635
51,618
25, 224
1,170
23, 108
21,932
51, 853
20, 203
18, 882
365
26, 698
51, 387
19, 566
18, 576
282
26, 556
51,016
19, 835
18, 629
117
26, 454
51,494
19, 983
18, 864
276
26, 323
46.0
46.9
46.7
58, 076
56, 370
59, 951
4,211
790
548
992
555
1,019
3,003
1 763
'454
786
3,062
1 788
444
829
3,120
1 817
do.._
do
do
... do. .
do
204, 514
76, 460
42, 596
177, 536
67, 035
36, 886
51, 853
25, 195
1,012
1,225
1,422
3,329
1 908
452
969
3, 339
1 919
454
966
3,363
1 925
456
982
204, 168
77, 431
41, 761
189, 246
71, 667
39, 012
220, 376
88, 584
43, 692
212, 862
84, 355
41, 988
181, 693
72, 803
36, 185
50, 884
24, 622
52, 035
25, 206
52, 562
25, 515
53, 028
25, 784
51, 428
24, 352
51, 159
24. 330
23, 539
21 939
23, 312
21, 943
23, 338
22, 005
23, 733
22,083
24, 238
22, 085
23, 331
22, 104
23, 240
22, 099
51, 753
19, 795
18, 630
110
26, 671
51, 626
20, 079
18, 975
670
26, 861
50, 884
19, 426
18, 399
-295
26, 829
52, 035
20, 103
18, 917
376
26, 834
52, 562
19, 996
19, 274
696
27, 260
53, 028
20, 117
19, 034
-57
27, 535
51, 428
19, 956
18, 958
'573
26, 711
51, 159
19, 785
18, 667
p 554
26, 559
47.4
47.2
46.7
47.4
46.9
46.7
46.3
47.4
47.7
55, 149
54, 307
55, 550
54, 973
54, 015
55, 805
55, 464
56, 887
56, 134
54, 943
58, 635
4,545
2,822
57, 383
4,439
3,214
57, 306
4,238
5,004
58, 276
4,169
2,381
57, 374
3,878
2,647
57, 159
3,872
4,008
58, 495
3,857
1,683
58, 772
4,005
1,758
61, 887
4,331
2,458
«• 57, 924
4,176
1,048
57, 040
4,141
2,308
22, 083
22, 114
22, 372
22, 484
22, 529
22, 612
22, 821
22, 925
22, 716
23, 293
23, 415
23, 967
20, 897
1,004
13,373
20, 870
1,063
13, 098
21,082
1,111
12, 253
21,171
1,125
13, 478
21, 219
1,123
13, 352
21, 292
1,135
12, 836
21, 494
1,143
13, 693
21, 635
1,111
13, 094
21, 487
1,060
12, 918
21,951
1, 175
15, 211
22, 062
1,216
13,293
22, 390
1,443
13, 639
33, 259
34, 309
33, 675
33, 486
33, 922
32, 797
32, 535
33, 335
33, 129
32, 743
34, 329
33, 942
35, 080
25, 723
1,461
18, 638
4,878
7,536
26, 635
1,243
1,608
18, 569
5,215
7,674
26, 034
1,125
1,311
18, 458
5,140
7,641
25, 878
1,665
1,581
18, 394
4,238
7,608
26, 310
2,334
1,475
18, 272
4,229
7,612
25, 241
1,504
1,342
18, 188
4,207
7,556
24, 914
1,623
1,562
18, 107
3,622
7,621
25, 654
1,197
1,732
18, 166
4, 559
7,681
25, 191
1,156
1,600
18, 004
4,431
7,938
25, 010
1,007
1,713
17, 898
4,392
7,733
26, 423
1,888
1,752
18,007
4,776
7,906
25, 923
1,431
1,799
18, 028
4, 665
8,019
26, 856
1, 552
1,119
19, 338
4,847
8, 224
51,776
30. 260
1,689
51,779
30,314
1,760
52, 944
31,322
1,952
53, 454
31,450
2,113
52, 756
31,077
1,765
54, 282
32, 310
1,892
53, 568
31, 738
1,660
53, 935
32, 012
1,810
54. 563
32, 331
2,021
53, 614
31, 756
1,642
53, 329
31, 527
1,610
54, 658
32, 237
2,190
52, 245
30, 638
1,645
52, 281
30, 448
1, 882
1,182
8,790
10, 868
1,148
8,762
10, 813
1, 152
8,691
10, 873
1,173
8,679
11,086
1,156
8, 661
11,144
1,184
8,649
11,303
1,142
8,675
11,412
1,120
8,696
11, 355
1,118
8,727
11, 427
1, 106
8,758
11,411
1,093
8,777
11, 385
1,154
8,761
11,448
1, 125
8,744
11, 226
1,178
8,742
11.170
1,197
516
3,345
1 887
420
1,038
3,354
1 896
430
1,027
3,354
1 904
451
999
200, 559
74, 509
41,711
190, 539
68, 409
40, 194
189, 294
70, 953
39, 095
51,362
24, 816
558
23, 035
21,945
51, 753
24, 691
51, 626
25, 418
23, 355
21,946
51,618
20, 252
19, 049
698
26, 476
51, 362
19, 630
18, 376
-167
26, 682
46.7
46.9
55, 118
56, 213
59, 228
4,099
1,554
57, 179
4,045
3,946
21,336
21, 554
20, 214
939
12, 625
20, 407
964
12, 775
Investments, total
do
U. S. Government obligations, direct and guaranteed, total
. mil. of dol.
Bills
do
Certificates
_
do
Bonds and guaranteed obligations
do
Notes
_
__ _ do. _
Other securities
do
33, 521
26, 101
1,681
18, 658
5, 082
7,420
Loans (adjusted) totalO
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
Loans to cooperatives
Other loans and discounts
Bank debits total (344 centers)
New York City
6 other centersc? -
Federal Reserve banks, condition, end of month:
Assets, total 9
do
Reserve bank credit outstanding, total 9
-do
Discounts and advances __ __
do
United States Government securities
-do
Gold certificate reserves
do
Liabilities, total 9
Deposits, total 9
Member-bank reserve balances
._
Excess reserves (estimated)
Federal Reserve notes in circulation
_ _
do
do
do
do
do_
Ratio of gold certificate reserves to deposit and FR
note liabilities combined
_
percent..
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted©
mil. of dol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doLStates and political subdivisions
do
United States Government...
..do
Time, except interbank, total 9
do
Individuals, partnerships, and corporations
mil. of dol_.
States and political subdivisions
..
do
Interbank (demand and time)
do
'Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
668
680
746
11 southern and western cities
423
880
466
829
4.38
4.23
4.40
4.60
percent
do
do
Discount rate (N Y F R Bank)
Federal intermediate credit bank 1 oans
Federal land bank loans
Open market rates, New York City:
Acceptances, prime, bankers' 90 days
Commercial paper, prime, 4-6 months
Yield on U. S. Govt. securities:
3-month bills
3-5 year taxable issues
1,224
1,307
1,018
501
489
420
986
396
789
551
560
819
55
4.83
4.69
4.85
5.01
4.40
4 23
4.39
4.65
654
217
122
4.85
4 71
4.86
5.05
do
do
do
3.00
3.98
4.75
3.00
4.11
4.79
3.00
4.19
4.96
3.00
4.20
5.04
3.00
4.22
5.08
3.00
4.25
5.17
3.00
4.29
5.17
3.50
4.36
5.21
3.50
4.45
5.25
3.50
4.49
5.38
3 00
4.68
5.63
3.00
4.70
5.63
2.75
4.55
5.63
do
do
3.38
3.63
3.38
3.63
3.27
3.63
3.20
3.63
3.25
3.63
3.36
3.79
3.38
3.88
3.78
3.98
3.83
4.00
3.75
4.10
3.50
4.07
3.35
3.81
3.06
3.49
2.30
2.63
3.210
3.40
3.165
3.33
3.140
3.38
3.113
3.48
3.042
3.60
3.316
3.77
3.165
3.89
3.404
3.91
3.578
3.93
3.591
3.99
3.337
3.63
3.102
3.04
2.598
2.77
1.562
2.67
17,611
1,621
17,657
1,598
17, 795
1,573
17, 780
1,542
17,895
1,511
18, 058
1,462
18, 023
1,432
18, 064
1,407
18, 205
1,383
18, 207
1,362
18, 323
* 1, 343
18,588
v 1, 326
18, 701
p 1,306
18, 780
P I , 287
41, 138
40, 738
40, 735
41, 247
41, 937
42, 491
42, 592
43, 133
43, 270
43, 274
43, 530
* 44, 776
43, 966
31, 568
31, 488
31, 524
31, 786
32, 158
32, 608
32, 968
33, 303
33, 415
33, 504
33 596
r
33, 737
do .
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol
U. S. postal savingst
do
CONSUMER CREDITJ
(Short- and Intermediate-term)
Total outstanding, end of month
Installment credit, total
mil. of dol
do
34, 105
14, 432
14, 691
14, 528
14, 883
14, 410
15, 127
15,490
15, 329
15, 556
15, 496
15, 579
15, 326
Automobile paper
do
15 542
8,160
8,043
8,017
8,081
8,165
8,305
8,229
8,189
8,228
8,236
8,499
8,300 *• 8, 687
Other consumer-goods paper
do _.
1,859
1,862
1,886
1,872
1,856
1,905
1,921
1, 954
1,984
1, 969
1,988
Repair and modernization loans
do
1, 963
1,996
7, 216
7,037
7,411
6, 981
7,097
7,308
7, 529
7, 630
7,938
7,662
7, 701
7, 949
Personal loans
__
do
7.758
r
p
Revised.
Preliminary.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
OFor demand deposits, the term "adjusted" denotes exclusion of interbank and U. S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of
loans to banks and deduction of valuation reserves (individual loan items are gross, 5. e., before deduction of valuation reserves).
§For bond yields, see p. S-20.
fData are as of end of consecutive 4-week periods ending in month indicated.
{Revised back to January 1955 to incorporate more comprehensive information recently available. For revisions prior to October 1956, see the December 1957 Federal Reserve Bulletin.
SURVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-17
1957
Janu-
ary
Febru-
ary
March
April
May
June
1938
July
DecemOctober NovemAugust September
ber
ber
January
February
FINANCE—Continued
CONSUMER CREDIT!— Continued
(Short- and Intermediate-term)
Total outstanding, end of month — Continued
Installment credit, total— Continued
By type of holder:
Financial institutions, total
- -..mil. ofdol
Commercial banks
do
Sales-finance companies
do
Credit unions
do
Consumer finance companies
do
Other
do .
Retail outlets total
Department stores
do
do. _ _
Automobile dealers
Other
-
-do
do
26, 974
11. 638
9,077
2,011
3,048
1,200
27, 008
11,662
9, 035
2,039
3,058
1,214
27, 148
11,736
9,048
2,076
3, 063
1,225
27, 544
11,981
9,104
2,127
3,105
1,227
27, 864
12,143
9.176
2,167
3.123
1,255
28, 263
12, 323
9,300
2,227
3, 155
1.258
28, 726
12, 508
9,476
2,284
3,209
1,249
29, 014
12, 607
9, 565
2,344
3,234
1,264
29, 128
12, 656
9, 598
2.377
3.231
1, 266
29. 241
12, 749
9, 585
2 415
3,229
1,263
29, 239
12,717
9,564
2.439
3.248
1,271
4,594
1,387
1, 139
499
1,569
4,480
1,351
1, 115
499
1,515
4,376
1,304
1 090
501
1.481
4.242
1,176
1,075
505
1,486
4,294
1,229
1,077
510
1,478
4, 345
1.249
1,077
518
1,501
4.242
1,144
1 072
525
1,501
4.289
1,161
1 083
530
1,515
4,287
1,167
1 077
533
1,510
4,263
1,134
1 080
533
1, 516
4, 357
1,199
1.092
531
1.535
' 4, 730
' 1,393
1,146
529
1,662
29, 375
12, 714
9, 573
2,472
3,332
1,284
29, 125
12,611
9, 464
2, 446
3,320
1,284
4, 612
1, 381
1,108
522
1,601
Noninstallment credit total
do
9, 570
9,250
9,211
9,461
9,779
9.883
9.624
9.830
9,855
9.770
9,934
10, 671
10, 229
Single-payment loans
Charge accounts
Service credit
By type of holder:
Financial institutions
Retail outlets
Service credit
do
do
do
3.199
4,111
2,260
3,273
3,690
2,287
3,370
3, 534
2,307
3,374
3, 735
2,352
3, 582
3.834
2, 363
3, 530
3, 948
2.405
3.406
3,810
2.408
3, 458
3,957
2,415
3,493
3,942
2,420
3. 405
3,991
2,374
3,458
4,135
2,341
3,502
4,760
2,409
3, 514
4,264
2,451
do
do
do
3. 199
4,111
2,260
3,273
3, 690
2,287
3, 370
3, 534
2,307
3, 374
3,735
2,352
3,582
3, 834
2, 363
3, 530
3,948
2,405
3. 406
3,810
2,408
3, 458
3, 957
2,415
3,493
3,942
2,420
3, 405
3.991
2,374
3, 458
4,135
2,341
3, 502
4,760
2,409
3,514
4,264
2,451
do
do
- do ..
3,090
1 258
802
1,030
2,976
1 215
763
998
3. 347
1 380
846
1. 121
3,594
1 468
901
1,225
3,748
1 513
1.016
1,219
3.674
] 494
998
1.182
3,837
1 563
995
1.279
3,704
1 467
1,022
1,215
3,388
1 364
927
1,097
3, 545
1 404
976
1,165
3,439
1,250
1,020
1,169
4, 065
1 305
••1,333
1,431
3, 108
1 190
799
1,119
do _ _
do
do
do
3.349
1,307
1,007
1.035
3,056
1,193
908
955
3,311
1,284
963
1,064
3, 332
1,305
927
1,100
3,376
1,321
952
1,103
3,224
1,250
914
1,060
3,477
1. 361
971
1, 145
3,369
1.306
982
1,081
3, 276
1,298
928
1,050
3,456
1,381
968
1,107
3,347
1,287
956
1,104
3,560
1,351
946
1,263
3,476
1,360
987
1,129
do
do
do
- do
3,473
1, 420
932
1,121
3,509
1,407
963
1,139
3,426
1,374
931
1,121
3,470
1,371
937
1,162
3, 535
1, 363
995
1,177
3, 547
1, 356
1,007
1,184
3,599
1,381
999
1,219
3,591
1, 355
1,027
1,209
3,546
1,392
973
1,181
3,541
1, 435
912
1,194
3,559
1,404
964
1,191
r 3, 615
1,423
r
959
1,233
3, 504
1, 346
940
1,218
do _ _ _
do
. do
do
3,292
1.312
942
1,038
3,257
1,284
933
1,040
3,255
1,272
935
1,048
3,284
1,294
908
1,082
3,313
1, 305
919
1,089
3,339
1,289
951
1. 099
3,382
1,317
964
1,101
3,343
1,276
976
1,091
3,418
1,318
990
1, 110
3, 358
1,317
945
1, 096
3,394
1,292
981
1,121
3,498
1 368
978
1, 152
3,421
1 368
925
1, 128
5,279
4,809
64
7,486
6,188
53
12, 145
10, 737
66
6,142
4,256
65
7,759
5,282
64
12,819
11,688
58
3, 734
3,057
70
6,475
5,128
65
8,109
7,225
65
3,796
3,131
76
5, 845
4,827
67
6,611
5,956
63
5, 243
4 786
69
do
do
- do
do
3,126
461
316
1,311
4,708
445
1,160
1,120
2,868
7,327
692
1,192
3,646
520
633
1,278
4,587
502
1,314
1,293
4,071
6,722
589
1,378
1, 316
541
366
1,441
3,806
355
1, 003
1,245
3,986
2, 304
540
1,214
1, 537
429
363
1,391
3, 5i'2
367
740
1,158
2,477
2 277
432
1.363
3,034
486
385
1,270
do
_ do _ ..
do
do
do
6,095
651
410
3,741
1,293
5,743
585
407
3,576
1,175
5,584
601
414
3,700
869
5,987
604
419
3,913
1,051
5,944
604
444
3,750
1,146
6,279
641
409
5, 046
182
6,347
659
377
3.628
1, 683
5.930
628
382
3,989
931
5. 667
630
362
3,589
1,086
6, 501
641
421
3,700
1, 739
5, 806
636
432
3, 506
1,231
5 809
674
6 Oil
693
276, 269
273, 919
228, 449
45, 470
2,350
274, 999
272, 773
227, 169
45, 603
2,226
274, 008
272, 066
226, 915
45, 151
1,942
275, 234
273, 074
226, 937
46, 137
2,160
270, 527
268, 486
221 658
46, 827
2,042
272, 469
270, 595
224, 272
46, 323
1,874
273, 845
272, 018
225, 308
46, 709
1,828
274, 412
272, 688
226 467
46, 221
1,724
274, 067
272, 406
226 338
46, 008
1, 661
274, 747
273, 132
227, 146
45, 986
1, 615
274, 898
272. 874
297 075
45, 799
2,024
274, 555
272, 777
227 307
45, 470
1,777
--
Installment credit extended and repaid:
Unadjusted:
Extended total
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
A.11 other
r
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
- Receipts net
Customs
.mil. ofdoL
do
- --do
Individual income taxes
Corporation income and profits taxes
Employment taxes
-Other internal revenue and receipts
Expenditures total
Interest on public debt
Veterans' services and benefits
Major national security
_
All other expenditures
_.
Public debt and guaranteed obligations:
276, 229
Gross debt (direct) end of month, total
do
273, 698
Interest bearing, total
do
228, 367
Public issues
do
45, 331
Special issues
do
2,531
Noninterest bearing
do
Obligations guaranteed by U. S. Government, end
107
of month
- - mil. ofdoL.
U. S. Savings bonds:
56, 570
Amount outstanding, end of month
do
496
Sales series E through K§
do
1,070
Redemptions
do
Federal business-type activities, end of quarter: cf
\ssets except interagency total
mil of dol
Loans receivable total (less reserves)
do
To aid agriculture
do
To aid homeowners
do
Foreign loans
do
All other
do
109
109
103
103
107
107
109
115
103
104
104
101
103
56, 317
386
728
56, 068
384
723
55, 836
389
707
55, 586
394
737
54, 996
362
1,076
54, 631
400
890
54, 364
392
750
54, 105
362
713
53, 799
337
729
53, 533
334
694
53, 209
368
813
52 846
510
998
52 754
407
590
1
69, 895
21, 353
7,261
4 076
8,237
2 107
i 69, 058
20, 982
6,830
4 380
8,300
2,305
Commodities supplies and materials
U S Government securities
Other securities and Investments
_
Land structures and equipment
All other assets
do
do
do
do
do
21, 303
3,923
3,729
9,875
9,713
21, 450
3,881
3,725
9,977
9,042
Liabilities except interagency, total
Bonds notes and debentures
Other liabilities
Private proprietary interest
U. S. Government Dronrietary interest
do
do
do
do
do
i 6, 755
3,043
3,713
1
775
i 62, 364
i 6, 879
3,559
3,320
1
1, 037
i 61, 142
r
274, 679
272, 959
227 000
45, 959
1, 720
l
Revised.
" Preliminary.
See note marked " d*".
t See corresponding note on p. S-16.
§ Effective May 1957, for series E through H.
cfFigures are not directly comparable from quarter to quarter, since activities covered vary. Data reflect the condition of activities (public-enterprise and intragovernmental funds, certain
other activities of the U. S. Government, an:" certain deposit and trust revolving funds) reporting to the Treasury under Department Circular No. 966; excluded from the data are activities
(with total assets of $23,612 million) reporting as of June 30,1957, pursuant to Supplement No. 1. Interagency items are excluded except in the case of trust revolving funds.
SUEVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1957
January
February
March
May
April
June
1958
July
vein - DecemOctober Nober
August September
ber
January
February
FINANCE—Continued
!
|
LIFE INSURANCE
Institute of Life Insurance: J
Assets, total, all U. S. life insurance companies
mil. of dol__
Boruls (book value), domestic and foreign, total
mil. of dol__
U 8 Government
do
State, county, municipal (U. S.)
do
Public utility (U. S.)
_
do ...
Railroad (U, S.)
do....
Industrial and miscellaneous (U. S.)
do
Stocks (book value), domestic and foreign, total
mil. of doL.
Preferred (U. S.)- do
Common (U. S.)
.„
do
Mortgage loans total
do
Nonfarm
do
Real estate
_ _
__
do __
Policy loans and premium notes
do
Cash
__
. - _ do
Other assets
__ _ .do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):}
Value, estimated total
mil. of dol
Group and wholesale
do _ . _
Industrial
do
Ordinary total©__
do
96, 316
96, 738
97, 074
97, 488
97. 868
98. 239
99, 005
99, 374
99, 812
100, 224
100, 597
101, 043
49, 324
49, 470
7 544
49, 564
7 427
2. 251
14. 110
3, 840
19, 204
49, 767
7 430
49. 899
7 340
2, 290
14, 182
3. 843
50, 014
7 270
2, 290
14 259
3, 841
19. 541
50, 480
7 306
2, 323
14 339
3, 837
19, 844
50, 604
7 268
2, 333
14 375
3 842
19, 932
50, 755
7 224
2, 340
14 426
3 843
20, 076
51,005
51, 122
7 135
2, 362
14 553
3 845
20, 368
51,237
6 950
2, 375
]4 602
3, 846
20, 594
2, 941
1, 628
1,294
33 672
31, 179
2, 951
1. 629
1. 303
33 840
2. 956
1 620
1.317
34 159
31. 620
2, 993
1 622
1, 350
34 356
31, 794
3, 018
1 622
1 375
34 ^47
31 978
3,010
1 694
1 365
34 697
32 122
3,021
1 630
l' 370
34 8 "19
32 274
3,028
3,007
2,883
3 032
3, 731
1 083
3 359
3 059
3, 764
1 128
3 085
4 963
4 602
7 588
2, 244
14, 030
3, 838
18, 951
2,921
1, 632
1,273
33 279
30. 810
2,244
14, 049
3,837
19, 084
2,933
1,627
1,287
33 479
31, 001
2.264
14, 157
3,838
19,314
3L334
1 626
1 357
35 230
32 640
1 112
3' 340
3 113
3. 833
1 196
3 389
3 134
3, 863
1, 264
5 732
1 244
5 469
1 181
6 727
2 109
510
465
454
428
2 983
3, 004
3,703
1, 113
3,337
1 118
3, 352
3,356
5, 653
1,158
5,907
6,224
1,510
1,680
5 545
1, 365
521
3, 210
569
3,828
574
3,970
5 281
1,090
563
3,932
759
515
672
517
3. 659
492
3,699
3 689
3 413
3 978
3 823
4,164
3, 420
210
738
673
249
364
131
211
767
679
250
372
137
250
959
826
301
449
165
241
949
788
282
450
168
255
983
843
309
458
173
234
898
731
297
445
158
232
910
770
306
428
156
225
880
784
298
436
159
200
805
725
273
433
152
244
977
826
316
477
165
246
979
796
292
455
157
292
957
861
234
481
169
249
839
688
196
398
137
295
110
354
283
116
347
346
136
424
323
135
412
348
452
332
136
427
333
145
419
332
138
437
320
130
374
364
154
455
331
146
421
478
175
518
397
127
388
595.9
236.9
495. 0
575.8
223.8
560.8
228.1
63.5
551. 2
233. 4
54.7
9.8
9.4
9.3
9.6
222.1
55.4
9 7
496.9
202.4
8.9
68.5
10.0
515.6
196.4
56.7
525 2
56.4
551.5
233. 6
63.2
525.3
66.5
10.9
57 8
9 2
681.2
255. 4
67.2
8 8
61.5
98.0
122.1
41.9
94.4
86.0
45.8
108.3
119.4
44.1
110.6
104. 7
44.6
108.7
92.0
45.0
102.2
106.0
46.5
107.5
99.5
44.7
105.7
87.7
3,383
4,338
705
472
5, 000
1,281
3,161
_..do _._
do
do _ _
do
do
do
West South Central
do
Mountain _
_ _ do _ .
Pacific
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
mil. of dol
Death benefits
do
Matured endowments
_ _ _ _ _ _ do _
Disability payments
do
do
do
do
6^6
381
QS6
396
1
1
34
32
3,657
2. 907
3, 606
1, 080
Annuity payments.-.
Surrender values
Policy dividends
_
Life Insurance Association of America:
Premium income (39 cos ) quarterly total
Accident and health
Annuities
Group
Industrial
Ordinary
1, 630
i, 309
34 022
31, 498
2.948
3, 575
1,056
.
2,958
233
352
504
845
222
3, 633
1, 058
3. 350
2,841
3, 523
1, 141
2, 865
3, 547
1, 103
3,341
New England.
Middle Atlantic
East North Central
West North Central
South Atlantic.
East South Central
19.442
7
2,
14
3
20,
3,287
509
207.4
1.50
2 470. 1
391 5
311. 5
284. 9
234. 3
1, 247. 8
do
do
do
do
do
do
2 389. 7
410 0
241.7
3,802
3,399
1
8
0
2
3,308
53 0
9 1
587
248
64
10
42.6
92 5
97.3
47.6
118 3
98 2
44.8
101 7
89.3
40.3
119 1
190.4
22, 691
36 9
22, 763
—31.2
222.4
5 402
1,554
:::::::::
2 476 7
413 6
297 1
283. 5
204 7
266.4
202. 7
1, 268. 9
1,277.8
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S (end of mo.)
mil. of dol
Net release from earmark!
do
Exports
thous. of dol _
Imports
do
Production reported monthly total 9
do
Africa
_ _ - do. _ _
Canada
do
United States
do
Silver:
K\ ports
do
Imports
do
Price at New York
dol per fine oz
Production:
Canada
thous. of fine oz
Mexico
do
United States
do
Money supply (end of month):
Currency in circulation
mil. of dol
Deposits and currency, total
do
Foreign banks deposits net
do
U S Government balances
_.
do __
22, 304
28.0
41, 787
11, 980
22, 306
16.0
36, 316
27, 511
22, 318
— 5. 8
88, 386
34, 498
20, 967
20. 121
10, 265
-.8
168
2,825
77, 500
53, 100
12, 600
73, 700
51, 200
12, 000
78, 300
54, 400
13, 200
5,100
77, 200
54, 000
12. 900
78, 800
55, 300
13, 100
5, 000
77, 700
54, 800
12, 600
4, 900
707
1,183
1,326
5, 943
. 913
1, 045
10, 820
.905
22, 252
295.9
5,000
4,400
2,405
961
6.396
189
4,700
11, 232
.914
7,958
.914
2,159
2, 032
2, 346
4,066
2,997
3,784
2, 925
4,248
3,360
2, 226
3,217
30, 614
30, 575
30, 585
30, 519
226,400
225,100
225,400
3,100
3, 100
3.900
3, 100
5, 100
228,200
3,200
3,300
9,101
.914
.914
3,735
5, 500
22. 620
285. 4
144
'2,111
4,336
2,486
22. 623
-6.0
22. 627
304
r
2, 209
3 793
3.386
22, 626
—11.4
163
22, 781
2.0
140
22, 784
— 37.3
206
42, 956
26, 948
18, 978
53, 151
55, 500
13, 100
5 700
56, 000
13, 900
6 500
13, 100
5, 100
5,500
471
7,993
681
5,786
906
22, 635
—9.0
358
172
28, 738
19, 290
56, 400
12, 800
5. 800
56, 100
12, 600
917
465
16, 241
.903
16, 695
.909
r
2, 383
2,842
2,859
5,800
* 2, 592
4,628
2,500
.906
r
2, 382
4 156
2,937
r
2 817
4 719
3,334
551
507
493
319
33, 226
26, 963
.898
16, 934
.894
904
r
2, 567
4 720
2,731
886
2,538
3,029
3,520
30, 836
31, 082
30, 933
31, 133
30, 576
31, 090
31, 834
31, 073
31, 661
228, 200 p229. 100 "229, 300 p229, 000 p229, 500 p 231, 100 p231, 000 P235, 200 i>231, 500
3, 200
v 3. 400 P 3, 300
p 3, 200
p 3, 300
p 3 300
P 3, 300
P 3, 300
P 3, 200
6,600 p 6, 100 p 5, 000 P 5. 700 p 5, 300 p 4, 800 P 4, 500 P 5, 600 p 3. 200
219,900 218, 000 217, 200 219,600 ) 218,400 P219. 700 P221. 000 p220, 000 p220, 900 P 223,000 p223, 300 P226, 300 p224, 500
Deposits (adjusted) and currency, totalf
do
j 109,500 107, 000 105, 200 107, 300 104, 800 pl05, 600 pl(M>, 600 P105, 100 pl05, 500 p 107, 200 P107, 200 pl()8 900 j»107 500
Demand deposits, adjusted^
do
85, 700 v 86, 400 p 86, 700 p 87, 100 p 87, 700 p 88, 100 p 87, 600 ?88, 500 p89 700
84, 600
84, 900
82, 900
83, 600
Time deposits, adjusted^ _
-_ do
27. 400
27, 400
27, 400
27, 900 v 27.800 f 27, 800 p 27, 800 p 27, 800 p 27, 800 p 28, 500 P28, 800 p27, 300
27, 400
Currency outside banks
_ _ _ do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
48.9
48.7
46.9
47.1
51.4
48.3
44.7
49.5
52 2
49 9
51.2
54. 6
55.4
New York City71
ratio of debits to deposits..
58 9
30.2
32.0
30.3
30.5
30.4
30.0
28 5
29 6
30.6
31 4
32 2
p30 0
p 30 0
30 5
6 other centerso
do
23.2
22.5
22.4
23.0
22.9
23.1
22.1
23.6
24.1
22.7
23.5
'24.7
P23. 1
P22.7
337 other reporting centers
do
r
Revised, v Preliminary.
j Revisions for assets of all life insurance companies for January-July 1956 will be shown later; those for insurance written for 1956 are shown in the SURVEY beginning with the July 1957
issue.
©Data for January 1956-April 1957 include revisions not distributed by areas.
§ Or increase in earmarked gold (—).
9Includes data for the following countries not shown separately: Mexico (through February 1957 only): Colombia; Chile; Nicaragua; Australia, and India.
1 The term "adjusted" denotes exclusion of interbank and U. S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
SURVEY OF CURRENT BUSINESS
March 1058
Unless otherwise slated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-19
1958
1957
January
February
April
March
June
May
July
Novem- DecemAugust SeptemOctober
ber
ber
ber
January
February
FINANCE—Continued
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):
Net profit after taxes, all industries
mil. of dol_.
Food and kindred products
do
Textile mill products. _
do
Lumber and wood products (except furniture)
mil. of dol
Paper and allied products. _
do
Chemicals and allied products
do
Petroleum refining
do
Stone, clay, and glass products
do
Primary nonferrous metal . _
.do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport equip )
mil of dol
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment (except motor vehicles,
etc.)
mil of dol
Motor vehicles and parts
do
All other manufacturing industries
do
4,072
258
65
3,737
320
72
40
130
469
671
170
139
42
128
446
642
176
118
293
178
428
179
339
209
120
467
346
139
386
395
121
233
419
1,804
1,817
1,766
393
327
326
4,099
224
66
j
12
149
453
806
120
176
390
149
385
236
Dividends paid (cash), all industries
do
Electric utilities, net profit after taxes (Fed. Rcs.)J
mil of dol
Railways and telephone cos. (see pp. S-23 and S-24).
i
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
mil. of dol
By type of security:
Bonds and notes, total
do
Corporate
do
Common stock
do
Preferred stock
do
By type of issuer:
Corporate, total 9
.
do. _.
Manufacturing
do
Mining
__
_ _
do ._
Public utility
do
Railroad
__ __
do _
Communication
do
Real estate and
financial
__ __do
Noncorporate, total 9 _.
__
U S. Government
State and municipal
_
New corporate security issues:
Estimated net proceeds, total
_
Proposed uses of proceeds:
New money, total
Plant and equipment
Working capital
Retirement of securities
Other purposes
State and municipal issues (Bond Buyer) :
Long-term
thous
Short-term
2,432
2,123
3,248
2,362
1,785
2,401
1,977
1,934
3,980
2,670
3,027
r
2, 692
3,412
2,254
916
144
34
1,769
761
329
26
2,934
1 072
276
38
2, 053
647
264
46
1,675
691
85
25
1,928
1 074
407
66
1,724
770
230
22
1 827
830
76
31
3,865
913
96
19
2,503
911
100
68
2,854
676
150
24
' 2, 340
773
341
10
3,344
717
39
28
1,094
396
24
251
51
107
191
1,116
558
43
265
22
47
113
1,386
377
18
514
39
284
93
956
324
21
364
28
48
96
802
142
11
363
54
83
73
1, 547
660
20
444
25
139
213
1,022
244
44
248
23
54
347
937
246
14
255
15
129
219
1,028
340
28
426
24
66
78
1,078
132
35
315
18
372
160
849
227
22
302
16
93
120
1, 125
594
14
176
27
41
90
785
128
20
316
69
70
120
_ do . .
do
_ _ d o ..
1,337
496
685
1,007
386
569
1,862
1,327
503
1,406
390
763
983
394
539
854
362
388
954
400
516
997
392
595
2,952
2 263
437
1, 592
894
683
2,178
1,374
639
1, 567
925
r
640
2, 626
511
753
do ..
1,075
1,092
1,365
937
786
1,520
1,006
923
1,012
1,064
833
1,107
774
1,026
794
232
11
38
927
724
203
22
144
1,271
1, 106
165
21
73
864
653
211
13
61
707
558
149
15
64
1,419
1 051
368
31
69
930
457
474
15
60
905
622
283
9
9
949
803
146
40
24
1,026
823
203
10
29
765
567
197
41
28
1 043
838
205
21
43
672
544
128
86
16
685 472
325, 574
568 928
454, 707
503 237
146, 928
763 411
204, 961
538 533
337 264
387 502
152 644
516, 182
271, 697
595 240
272 017
437 163
252 251
682 730
302 503
639 335
93 579
343
2,790
866
2,006
322
2,764
828
2,057
313
2,741
820
2,005
319
2,820
807
2,104
320
2,833
817
2,115
321
2,918
820
2,156
327
2,917
829
2,138
332
2,863
816
2,093
339
2,824
838
2,109
354
2,608
879
1,780
325
2 559
876
1 697
342
2 550
896
1,831
328
2 613
937
1,740
93.33
93.69
73. 00
93. 33
93.57
76.71
93.41
93.65
77.04
92.48
92.72
76.62
91.62
91.85
78.23
90.10
90.32
77.28
89.93
90.16
75.93
90.12
90.34
75.44
89 86
90.08
75 32
89 67
89.89
75 34
92 67
92 93
75 27
94 85
95.12
77 59
95 38
95.63
78 74
102.8
108.6
89.96
104.2
110.9
91.51
104.4
110.0
90.88
104.3
109.8
90.45
103.2
106.9
89.41
101.0
103.5
87.12
100.0
103 5
86.88
98.3
101.2
86.92
98.0
101 3
86.86
98.2
102.9
93.19
116, 182
120, 730
93, 606
93, 715
85, 420
91, 927
105, 432
104, 640
91, 949
96, 698
98, 622
103 748
94, 431
101, 398
78, 750
85 758
73, 222
84 634
112, 849
130 206
94, 231
109 879
109, 562
129 460
112 769
126 929
114, 750
119, 016
92, 471
92, 390
84 305
90, 671
104, 304
103, 350
90 490
94, 864
97 613
102, 590
93 186
99, 907
77 601
84 401
71 978
83 093
111 565
128 615
93 159
108 569
108 149
127 775
111 021
124 912
94, 060
0
94, 060
89, 458
4,590
74, 802
35
74, 767
71, 862
2,883
77, 758
35
77, 723
73, 933
3,783
90, 065
0
90, 065
86, 120
3,935
87, 537
1
87, 536
83, 306
4,227
87, 626
0
87, 626
83, 073
4,538
84, 054
2
84, 052
79, 881
4,159
74, 993
0
74, 993
70 978
4,013
73, 706
0
73, 706
69 798
3.896
119, 125
117, 884
__do
do
do
do
do
of dol
do .
T
r
418 782 437
459 382 r232 803
r
640
r
865 558
284 111
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
_.
_ __
mil. of dol
.
-do _.
do
do ..
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total §
dollars
Domestic
_
do
Foreign
...
_ _ __do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-f-issues):
Composite (21 bonds) cf— 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
New York Stock Exchange, exclusive of stopped
sales, face value, total§
thous. of dol__
U. S. Government .._
._
..
.do _
Other than U. S. Government, total§
__do__.
Domestic
_ _ ._
do
Foreign
do
1
98.3
103 4
* 94. 25
Ir
118, 623
99, 249
0
2
118, 623
99, 247
113 105
95 505
5,516
3.725
1 For bonds due or callable in 10 years or more; prior to November 1957 for bonds due or callable in 10-20 years (comparable
r
Revised.
* Preliminary.
$95.63).
^Revisions for electric utilities for last 3 quarters of 1955, respectively (mil. dol.): 292; 285; 325.
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.
d71 Number of bonds represents number currently used; the change in the number does not affect the continuity of series.
102.7
107 5
100 73
o
1
105.9
110 0
102 66
o
105. 7
109 1
1 102 47
119, 125 117, 884
114 050 112 166
5.714
5.073
price for November 1957 is
SUKVEY OF CTJRKENT BUSINESS
S-20
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1038
1957
January
February
March
April
May
June
1958
July
DecemOctober NovemAugust September
ber
ber
January
February
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Value, issues listed on N. Y. S. E.:
Market value, total, all issues §
mil. of dol_. 100, 951
99, 253
Domestic
do
1,165
Foreign
_
do.
101,317
99, 503
1,223
101,605
99, 784
1,228
100, 657
98, 847
1,227
100, 061
98, 060
1,351
98, 483
96, 509
1,335
98, 351
96, 447
1,263
98, 530
96, 627
1,254
98, 481
96, 573
1,253
99, 015
97, 093
1,276
102, 487
100 524
1,236
106, 072
103 996
1,329
106, 780
104 682
1, 339
108, 165
Face value, total, all issues §
. ._ _ .. do
105, 933
Domestic
do
1, 596
Foreign
do
Yields:
4.04
Domestic corporate (Moody's)
..percent..
By ratings:
3.77
Aaa
._ .
do
3.89
Aa
do
4.01
A
do
4.49
Baa
do
By groups:
4.02
Industrial
do
3.98
Public utility
do
4.12
Railroad
do
Domestic municipal:
3.07
Bond Buyer (20 bonds)
do
3.40
Standard and Poor's Corp. (15 bonds)
do
3.33
U. S. Treasury bonds, taxable
do
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. of dol._ 801.5
168.5
Finance
_ .
_ _ _ _ do
268. 9
Manufacturing
do. _ _
8.5
Mining
_ do
Public utilities:
141.3
Communications
_
do __
90.7
Electric and gas
do
37.8
Railroad
_
do
77.3
Trade ...
do .__
8.5
Miscellaneous
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
5.43
Dividends per share, annual rate (200 stocks) .dollars. _
5.90
Industrial (125 stocks)
do
2.40
Public utility (24 stocks)
do
4.13
Railroad (25 stocks)
do
3.52
Bank (15 stocks)
do
3.99
Insurance (10 stocks)
do
108, 557
106, 336
1,595
108, 769
106, 548
1,595
108, 845
106, 613
1,602
109, 208
106, 765
1,727
109, 299
106, 855
1,728
109, 359
106, 976
1, 664
109, 336
106, 954
1,662
109, 591
107 208
1,664
110, 426
108 010
1,693
110, 598
108 173
1,642
111, 830
109 333
1,713
111,951
109 464
1 701
3.99
3.97
3.96
4.02
4.15
4.26
4.37
4.44
4.46
4.49
4.31
4.06
4.01
3.67
3.83
3.99
4.47
3.66
3.80
3.97
4.43
3.67
3.79
3.95
4.44
3.74
3.83
3.99
4.52
3.91
3.98
4.09
4.63
3.99
4.10
4.20
4.73
4.10
4.21
4. 35
4.82
4.12
4 26
4.43
4 93
4.10
4 28
4.46
4 99
4.08
4 29
4.50
5 09
3.81
4 08
4 31
5 03
3
3
4
4
3
3
4
4
3.94
3.97
4.06
3.90
3.95
4.04
3.89
3.94
4.06
3.96
3.98
4.13
4.14
4.06
4.26
4.19
4.19
4.39
4.29
4.33
4.49
4 31
4.45
4.56
4 32
4.48
4 57
4 34
4.49
4 65
4 11
4 29
4 53
3 91
3 99
4 30
3.05
3.26
3.20
3.07
3.32
3.25
3.23
3.33
3.30
3.35
3.52
3.39
3.40
3.75
3.61
3.47
3.75
3.63
3.56
3.91
3.62
3 45
3.90
3 64
3.43
3.79
3.84
3 27
3.76
*3 57
Price per share, end of month (200 stocks) 9 .--do
Industrial (125 stocks)
_
do
Public utility (24 stocks)
do
Railroad (25 stocks) _ _
_ _.do
Yield (200 stocks)
Industrial (125 stocks)
Public utility (24 stocks)
Railroad (25 stocks)
Bank (15 stocks)
Insurance (10 stocks)
_
_ _
_ _
._
_ _
__
_ _
percent..
do
do
. _ do _
do
_ do
r
Revised.
3.61 percent).
p
Preliminary.
l
2 97
3.47
3 30
1
2.90
3 32
3 24
59
77
00
66
3 8fi
3.87
4 29
1
3 08
3.37
3 26
335.4
103.1
116. 2
3.0
1, 670. 7
107.7
1, 129. 1
127.5
762.3
133.4
272.0
8.1
300.0
62.4
130.6
2.6
1,679.0
107.2
1,120.6
125.7
763.6
146.5
280.9
7.4
316.2
65. 7
129.4
2.5
1,671.8
105.0
1, 126. 8
134. 6
738. 2
138.8
263. 5
8.0
325.0
75.6
134.6
2.4
2, 131. 9
224.7
1, 375. 2
172.9
793. 5
172.6
261. 1
8.6
345. 5
107.2
115.4
2.4
1.2
80.6
7.3
18.4
5.6
42.0
119.0
74.4
45.0
26.0
140.7
107.2
27.0
63.6
10.3
1.3
81.2
3.4
11.5
7.0
41.7
132.6
73.9
51.2
26.1
141.0
95.5
18.4
62.0
11.9
1.3
83.0
10.2
14.5
9.6
41.2
134.5
61.5
42.5
25.7
141.1
92.9
22.1
64.1
7.7
1.3
85 2
4.3
14.1
7.5
45.9
143 4
81.6
53.6
34.6
142. ]
85 3
28 6
85.3
9 9
1.2
83 7
6.4
22.5
6.7
5.44
5.91
2.41
4.11
3.52
3.99
5.44
5.91
2.42
4.11
3.52
4.00
5.44
5.91
2.43
4.09
3.57
4.00
5.44
5.90
2.43
4.09
3.62
4.00
5.43
5.89
2.43
4.09
3.64
4.00
5.44
5.91
2.42
4.09
3.62
4.00
5.44
5.92
2.42
4.08
3.66
4.00
5.45
5.93
2.44
4.09
3. 66
4.04
5.45
5.94
2.44
3.98
3.64
4.04
5.38
5.86
2.45
3.75
3.62
4.04
5.40
5.88
2.46
3.75
3.72
4.04
5.37
5 86
2. 46
3 44
3.72
4 04
5.34
5.83
2.46
3 36
3.75
4.07
125. 90
142. 80
50.05
65.97
122. 54
138. 53
49.98
62.74
125. 14
141.98
49.88
63. 56
130.64
149.42
50. 37
64.81
134. 19
154.31
51.85
64.55
134. 03
155. 23
48.96
64.79
135. 80
157. 66
49.60
66.03
129. 12
148. 83
48.52
61.25
121. 02
138. 73
47.67
55.76
116. 51
133. 59
47. 15
50.88
117.38
134. 30
48.65
48.64
113.20
128. 38
50.30
45.11
117.76
133. 06
53 04
50.61
115. 69
129. 97
53.27
47.59
4.31
4.13
4.80
6.26
4.44
3.15
4.44
4.27
4.82
6.55
4.59
3.10
4.35
4.16
4.85
6.47
4.58
2.99
4.16
3.96
4.82
6.31
4.61
2.92
4.05
3.82
4.69
6.34
4.77
2.91
4.05
3.79
4.96
6.31
4.84
2.97
4.01
3.75
4.88
6.19
4.68
3.05
4.21
3.98
4.99
6. 66
4.62
3.34
4.50
4.27
5.12
7.34
4.81
3.49
4.68
4.45
5. 17
7.82
5.08
3.74
4.58
4.36
5.04
7.71
4.84
3.56
4.77
4.58
4.89
8.31
5.09
3.46
4.56
4.40
4 64
6. 80
4 93
3. 16
4.62
4.49
4 62
7.06
4.78
3.12
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
4.51
(Standard and Poor's Corp.)
..percent..
Prices:
Dow Jones & Co., Inc. (65 stocks)
dol. per share. _ 171. 73
485. 90
Industrial (30 stocks)
do
69.73
Public utility (15 stocks)
do___
152. 75
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :cf
45.43
Combined index (500 stocks)
1941-43=10—
Industrial, total (425 stocks) 9
-do
Capital goods (129 stocks).. __ . ..do
Consumers' goods (196 stocks)
do
Public utility (50 stocks)
do
Railroad (25 stocks).
_ . . do _
Banks:1
N. Y. City (12 stocks)
do .
Outside N. Y. City (17 stocks)
do
Fire insurance (17 stocks)
_ do Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
mil. of doL.
Shares sold
_
. thousands
On New York Stock Exchange:
Market 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..
1
60
81
01
83
10 85
3.31
6.74
11 10
3.36
6.36
r
r
P 9 50
p 3 42
P 7 07
q 30
3.35
6 97
4.47
4.46
4.47
4.53
4.69
4.75
4.83
4.79
4.80
4.78
4.49
4.36
4.38
165. 68
466. 84
70.44
143. 02
167. 16
472. 78
71.09
143. 12
170. 86
485. 42
72.02
145. 83
175.04
500. 83
73.91
146. 64
174.95
505. 33
72.14
145. 67
177. 76
514. 64
70.81
150. 84
168. 95
487. 97
68.49
142. 41
161.71
471.79
67.44
129. 85
151.27
443. 38
65.18
116. 70
146. 87
436. 73
65.83
104. 63
146.03
436. 94
68.08
98.13
151.01
445. 68
71.08
104. 90
151. 63
444. 16
72.19
106.64
43.47
44.03
45.05
46.78
47.55
48.51
45.84
43.98
41.24
40.35
40. 33
41.12
41.26
48.43
48.48
32.62
32.32
31.36
46.10
46. 43
31. 55
32.29
29.59
46. 86
46. 56
32. 08
32.45
29.37
48.06
48.26
32.67
33.03
29.78
50.10
50.11
33.64
34.03
30.42
51.30
50.92
33.59
33.35
30.11
52.54
52.15
34.86
32.93
31.20
49.51
48.48
33.65
31.89
29.52
47. 52
46. 32
32.75
31. 09
27.17
44. 43
43.24
31.55
30.39
24.78
43.41
41.87
30.52
30.68
22.63
43.29
41. 35
30.29
31.79
21.39
43.98
43.00
31.43
33.30
22.69
44.01
43.32
31.60
34.12
23.00
20.39
40.39
25.86
19. 62
38.40
26.70
19.50
38 87
27.80
19.40
38.82
28. 38
19.42
38.96
28.31
19.25
38.64
27.99
19.75
39. 56
27.73
20.14
39.57
25. 66
20.10
39.07
24.70
18.90
36.96
23.12
18.47
35.75
22.19
18. 73
35. 76
23.45
19.08
37.98
25.88
19.55
38.87
26.81
3, 035
113,712
2,330
115,443
2, 060
96, 133
2,681
108, 533
3,296
112,428
2,987
107, 489
3,091
98, 574
2,594
83, 218
2,077
70, 805
3, 252
119, 304
2,263
133, 058
2, 540
133, 727
2, 634
101,259
2,589
77, 245
1,997
87, 467
1.720
67,115
2,267
73, 000
2,818
72, 669
2,543
72, 584
2,620
65, 617
2, 216
54, 544
1,780
48, 090
2,822
84, 770
1,967
106, 970
2, 208
104. 091
** 297
72, 909
48, 161
37, 575
35, 652
48,310
52, 559
44, 479
48, 262
41, 409
36, 873
63. 983
48, 217
54, 468
49, 871
207, 719
4,556
212,329
4, 570
221,595
4,587
227, 928
4,678
229, 924
4,705
217, 898
4,719
205, 705
4,733
196, 675
4,747
200, 919
4,781
195, 570
4,804
204, 969
4. 813
211,997
4,489
228, 585
4,656
For bonds due or callable in 10 years or more; prior to November 1957 for bonds due or callable in 10-20 years (comparable yield for November 1957 is
§ 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.
(^Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
KData not shown in 1957 BUSINESS STATISTICS; indexes prior to August 1956 are available upon request.
SUEVEY OF CUKKENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-21
1958
1957
January
February
March
April
June
May
July
August
Septem- October Novem- December
ber
ber
January
February
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
Exports of goods and services total
mil
Military transfers under grants net
Merchandise, adjusted, excluding military
actions O
mil.
Income on investments abroad
Other services and military transactions
Imports of goods and services total
Merchandise adjustedOcf
Income on foreign investments in U S
Military expenditures
Other ser vices cf1
of dol
do
transof dol
do
do
do
do
do
do
do
Unilateral transfers (net) total
Private
do
do
U S long- and short-term capital (net) total
Private
do
do
F V Inn? ind short form rarn'tal (ripf)
Gold sales [purchases ( )1
Errors and omissions
do
do
do
FOREIGN TRADE
Indexes
Exports of U. S. merchandise :J
Quantity
Value
TJnit value
Imports for consumption^
Quantity
r 4,r 439
746
' 1 034
4,634
759
1,099
5 018
3,288
161
840
729
5 290
3,338
158
882
912
' 5, 269
«• 3,r 255
164
1, 160
5,050
3,383
166
702
799
'•ego
r
r
+2 249
+2, 484
+1, 413
+1, 994
— 1 182
—1,558
-135
— 1,423
' -967
* -132
' -835
— 1, 109
-133
-976
1,558
-1,366
—192
+635
—325
+322
r
— 147
— 1 035
1 038
—780
—258
2
—348
+321
—520
' -380
r
r
r
-880
-509
-371
+302
-98
-209
-140
—226
27
+327
336
725
216
317
687
217
313
683
218
285
626
220
308
681
221
310
684
220
185
539
292
166
489
294
186
549
296
181
530
293
182
532
292
164
478
292
190
555
291
177
509
287
169
492
292
195
582
287
176
506
287
182
170
186
178
167
195
195
185
214
166
172
187
155
160
217
163
186
173
134
174
319
135
168
206
142
156
178
161
146
167
161
137
162
173
141
136
11 434
11, 167
11 244
9 679
14 719
10 811
14 370
11, 493
13 723
13, 505
14 138
13, 280
12 748
15 665
13 221
15 221
1,680 6
1,609 1
2, 151 0
1,864.0
1,813.7
1,784.5
1 690 6
1 677.9
1,541.2
1 672 9
1,681.0
1,638 6
54, 492
305,131
543,322
49, 608
286,830
491,317
71, 237
393,144
654,910
69, 777
339,231
516,783
66, 056
325,845
478,325
53, 933
315,909
469,547
47, 106
283, 023
427, 290
53 345
257, 992
419 977
45, 271
239, 294
407, 106
49 981
265 712
436 793
52, 466
272, 466
444, 886
48, 596
282, 675
451 945
do
do
do
303,258
167 266
170,348
312,420
164 765
140,490
363,007
212,186
249,863
371,532
189,391
217,953
371,172
181,589
222,310
353, 676
165 458
217,807
319, 873
159 242
203, 702
308 192
181 518
242 377
302, 154
164 553
210 574
316 098
190 805
229 969
294, 461
202 238
224, 341
264 402
192 273
222' 922
do
do
2 140
21, 912
4 536
16, 803
4 248
29, 677
2 662
22, 915
3 721
27 334
2 924
23 424
3 139
22, 401
2 819
24 827
2 946
19 299
2 922
24 130
2 742
23, 675
3 109
22 087
do
do
do
do
do
do
do
13 944
4 057
10 808
2 889
20 866
4 012
16 666
3*574
26 691
3 237
43 307
125 443
9 635
30 140
42
82
4
31
41
64
7
28
41
76
6
31
21 395
3 109
0
34 045
95 800
8 423
28, 752
22 428
3 963
59, 701
130,508
13 944
42, 525
12 465
3 287
0
44 483
100 795
9 450
24, 416
16 801
2 578
46, 703
110,456
7 121
26, 699
15 644
3 608
3
49 225
110 502
8 058
31 731
15 071
3 420
48, 360
114,114
12 472
25, 124
13 005
3 925
0
53 823
126,500
11 390
32 410
64 709
57 709
83, 407
55 633
82, 671
64 395
93, 928
74 845
4
97, 959
81 091
78
124,628
89 22S
54 005
57
81 514
56 442
117
85 639
50 268
0
72 536
51 667
18
77 248
48 920
7
77 421
41 062
908
76 840
42 749
' 53
71 793
49 457
255
75 781
do
_ _.
5,138
736
1 015
339
738
218
Supplemon^irv imports seas adj
do
Complementarv imports seas adj
do
Shipping Weight
Water-borne trade:
Exports incl reexports §
thous of long tons
General imports
do
Value I
Exports (rndse.), including reexports, total!
mi] of dol
By geographic regions: A
\frica
thous of dol
4sia and Oceania
do
Europe
do
Colombia
Cuba
Mexico
Venezuela
5,085
621
956
346
758
219
1952-54—100
do
do
Latin American Republics, total 9
Argentina
Brazil
_
Chile
7,044
552
397
874
220
do
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
r 6,r 682
463
299
654
219
do
Northern North America
Southern North America
South America
Bv leading countries: A
Africa:
Egypt
Union of South Africa
Asia and Oceania:
\ustralia including New Guinea
British Malaya
China, including Manchuria
India and Pakistan
Japan
Indonesia
Republic of the Philippines
Europe:
France
East Germany _. _ _
_
Wp.st Germany
7,774
885
313
684
219
1936-38— 100
do
do
TJnit value
Agricultural products, quantityrf
Exports, U. S. merchandise, total:
tlnadiusted
Seasonally adjusted
Cotton (incl linters) seas adj
Imports for consumption, total:
Tlnadiusted
7,267
605
do
.do
do
306
667
218
0)
(i)
(i)
(i)
2
32
4
6
o
55 618
96
81 134
58 712
112
o
o
630
165
562
336
r
10, 055 2 U 532
13, 322 2 15 083
o
727
443
051
768
o
824
831
974
641
33 985
32 979
68 161
47 470
1 458
96 978
76 913
50 542
388
100 823
9
o
33 577
1
79, 838
47 164
47
88,302
o
41
87
8
29
210
709
504
618
32 701
o
79 772
53 034
95
81 337
do
do
do
53
105,573
do
303 250
312 409
363 005
371 509
371 122
353 644
319 854
308 167
302 085
316 080
294 456
264 401
do
do
do
do
316,956
21 087
26, 179
16 355
286,527
20 884
23, 795
10 479
434,450
33 695
37 349
22 592
380 510
31 304
43 376
16 485
380 671
27 285
41 237
19 214
364
23
52
15
346
19
38
17
403
26
45
15
356
17
37
15
399
20
40
14
404
18
36
14
823
521
975
856
392 213
18 602
45, 405
13 517
do
do
do
do
12 669
47, 874
66 993
65, 542
10 957
46, 251
70 401
54. 273
20 825
63 753
80 322
9l! 591
14 171
50 352
73 995
80! 696
15 958
48 817
75 832
86! 444
17 269
43 687
71 620
79! 780
21 844
59 985
80 566
104.' 208
19 999
54 632
80 573
98.' 963
110
841
735
571
999
181
242
208
007
22 482
46 753
66 080
76'. 336
919
737
243
273
29 651
48 965
77 430
95! 954
212
817
600
454
23 247
44 954
69 968
88! 288
425
680
521
262
26 566
54 304
79 092
lOl! 812
1, 510 9
2
' Revised.
* Preliminary.
i Revised imports indexes will be published later.
Revisions for October 1956 (units as above): Exports, 15, 512; imports, 14, 120.
O Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing.
cfExcludes military expenditures.
^Revisions for following periods will be shown later: January-July 1956 (general revisions in both exports and imports); July-December 1955 and January-May 1954 (total exports and certain
components only); also for 1941-54, private relief shipments of food products, formerly included with finished manufactures, have been shifted to the manufactured foodstuffs class.
fRevised series, reflecting change in comparison base period and increased coverage. Supplementary imports are those similar to, or interchangeable with, commodities produced in the
United States; complementary imports include all other. A detailed description of the indexes and data for earlier years will be available later.
§Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
fData include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construction" shipments) are as follows (mil. dpi.): January 1957-January 1958, respectively—97.1; 121.4; 129.4; 83.7; 102.2; 134.1; 186.8; 141.2; 103.2; 74.1; 86.8; 95.3; 108.7.
AExcludes "special category" shipments.
9 Includes countries not shown separately.
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1956
1957
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value t— Con tinned
Exports of U. S. merchandise, total^I
mil. of dol
By economic classes:
Crude materials
thous. of dol__
Crude foodstuffs
do
Manufactured foodstuffs and beverages
do
Semimanufactures 9
do
Finished manufactures 9
do
By principal commodities:
Agricultural products, total®
do
Cotton, unmanufactured
do
Fruits, vegetables, and preparations
do
Grains and preparations ._
,_
do
Packing-house products
do
Tobacco and manufactures
do
Nonagricultural products, total©
mil.
Automobiles, parts, and accessories
thous.
Chemicals and related products§
Coal and related fuels
Iron and steel-mill products
1,668.1
1,594.9
279,144
117,992
103,093
294,362
873,458
267,369 320,515 275,377 264,200 248, 254 224, 450 228, 572 241, 224
97 468 105 015
117,236 129 908 124 689 110 931 134 102
88 721
99, 131
92, 884
88 986
93, 511 135,181 100,716
94 496
78 895
287,258 368,282 312,021 300,663 281,449 264, 236 245 068 219 219
829,546 1,177,603 1 034 786 1 033 803 1 004 226 995, 477 1 006 959 883 105
258, 836 248, 863
102 333 100 568
87 675
94 899
232 683 224, 477
970 047 1 005 042
252, 126
105 201
99 880
208, 486
960 505
421,858
122,734
24, 532
123,124
33, 486
25, 806
393,924
122,492
23, 368
127,177
25, 731
23, 289
373
72
36
100
21
61
394, 190
94, 977
28 610
104, 478
22 320
39, 366
2,131.5
466,927
120,080
27, 278
149,373
36, 069
27, 464
1,847 6
386,554
92, 161
29 096
135.463
25 524
26, 092
1,798.6
362,200
100,925
34 031
106,613
27, 484
26, 668
1,767.2
1, 674. 5 1 664 5
1 526 8
382,757
80, 743
31,953
129, 666
29, 675
35, 724
315, 932
63, 722
31, 425
96, 032
22 890
26, 675
313 080
51, 778
30 771
103, 620
18 373
35 366
332
56
31
94
23
63
792
660
318
873
440
182
1 658 8
991
804
919
039
391
763
1,666 6
368 436
79, 750
31 088
102, 099
22 755
41, 367
1 626 2
of dol
1,246.2
1,201.0
1,664.6
1,461.0
1,436.4
1,384.4
1, 358. 6
1,351 4
1 194 0
1 284 8
1, 298. 2 1, 232. 0
of dol
_do_._
do
do_.
125,760
102,750
55 692
112,295
101,850
98, 941
55 458
104,612
161,012
139, Oil
70 961
147,455
142,859
124, 250
79 561
132,553
147, 769
134,026
80 631
126, 727
113, 280
112, 532
84 443
126, 687
107, 857
115, 121
77 921
125, 088
110 811
118, 943
82 085
114, 688
92 347
105, 448
73 567
102, 295
100 741
117, 001
70 913
107] 258
130, 906
115, 744
58 251
94,053
140, 662
110, 615
55 351
83,757
315
8
29
75
25
161
349
8
30
87
23
185
516
253
069
842
80Q
203
358 306
7,076
26 478
103, 087
26 831
180, 833
339, 190
7,590
23 319
86, 874
27 880
179, 840
Machinery totals©
Agricultural _ _ _
_ _
Tractors parts, and accessories
Electrical
Metalworking§
Other industrial
do
do
do
do
do
do
300,527
9,001
29, 973
69, 318
19, 853
158,011
279,828
11,615
29, 602
67, 374
16 707
142,434
424,192
15, 752
48 154
91,606
30 805
221,127
371,873
17, 068
37 477
84, 636
30 253
187,435
385,343
14, 438
36, 978
89, 612
27, 218
201,931
354,040
12, 478
31,125
80, 862
25 902
190, 558
345 392
12, 394
28, 293
96, 876
28 789
175, 510
347 589
8 515
28 604
87, 964
26 388
184, 782
Petroleum and products
_ _ _ _
Textiles and manufactures
do
do
111,375
50, 925
114,993
49 926
142, 222
72 272
106, 765
59 494
80, 148
60, 656
70,211
53,153
62, 007
45, 283
63 963
53 309
58 900
50 659
60 865
56 723
64, 884
58 580
52, 350
55, 318
General imports, total
By geographic regions:
Africa
Asia and Oceania
Europe
mil of dol
1,112.9
992.8
1,1323
1,117 8
1,104.1
982.6
1 144 7
1 0424
1 007 1
1 144 7
1 043 2
1,141 1
thous of dol
_ _ _ _
do
do
57, 226
185,230
268,397
45, 474
147,353
214,927
71, 620
178,206
278,746
52, 307
186,492
284 674
46, 721
185,486
268,830
41,497
159,071
243, 216
49, 612
199, 826
271,018
38, 815
208, 195
229, 175
39 688
195, 347
246 678
43 911
207 147
294 251
44 272
164, 755
259 234
53, 358
187, 313
281, 286
do
do
do
214,281
147,869
239,910
217,116
139,588
228,324
234,119
146,991
222,577
238,062
132, 495
223,752
259,851
138,902
204,318
239, 721
126, 978
172, 097
263, 187
142, 441
218, 585
248, 133
111, 153
206, 879
242 286
104, 265
178 869
273 411
113.017
212 934
236 375
123, 276
215 253
235, 370
136, 773
247, 038
do
do
1 982
9,803
1 575
6,156
1 470
11,358
633
10 063
1 147
7,838
205
9,052
1 237
11,216
1 146
5,853
2 714
8 137
1 163
6 346
2 314
5, 626
1 434
8,922
do
do
do
do
___do
do
do
16, 940
16 064
671
24 926
47, 554
16 584
28 904
14, 486
12 629
1,645
15 435
38, 689
13 836
21 489
11,565
16 600
922
25 810
46, 604
14 634
29, 182
14 438
17 511
575
22 167
49, 013
17 207
26, 400
14, 565
18 564
104
19 671
49, 338
16 250
22, 926
13,213
11 764
65
21, 228
41,234
10 265
21,075
12, 372
20 092
34
23 001
52, 616
17 595
21, 564
11, 424
15,011
41
17, 055
58, 785
17, 226
21, 372
10, 273
15 696
30
23 479
56, 373
20 531
16 769
11 318
18 002
87
19 753
59, 275
21 305
19 357
7,780
17 281
100
16 186
49, 107
18 008
13, 591
8,299
12 747
20
21, 849
51, 543
21. 524
17, 995
do
do
do
do
do
do
24 923
455
41,418
21 936
1,018
58 047
41
16
1
50
17 362
601
049
342
943
207
22, 033
569
52, 124
20 927
566
71 898
26 257
430
53 615
19 333
1,038
70 308
21,023
312
50, 476
17 174
1, 636
66 394
20, 862
194
44, 662
19, 696
2,364
57 372
22, 546
135
47, 540
22, 144
1,028
71, 503
19, 944
534
51, 284
21, 663
2,314
52, 828
19, 216
422
47, 626
17 872
1, 473
66 229
21, 861
417
64, 823
24 853
2, 260
71 284
19.964
354
50, 534
20,381
240
67, 684
23, 130
459
57, 606
23, 459
631
61, 706
Northern North America
Southern North America.
South America
By leading countries:
Africa:
Egypt
Union of South Africa
Asia and Oceania:
Australia including New Guinea
British Malaya
China, including Manchuria
India and Pakistan
Japan.
Indonesia
Republic of the Philippines
Europe:
France
East Germany
West Germany
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
Latin American Republics total©
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
do
214 162
217 080
234,082
238 033
259,538
239 600
263 128
248, 111
242 030
273 283
236. 257
235, 349
do
do
do
do
do
do
do
do
357,465
13 106
73, 560
21,797
35 424
41,550
43, 841
73 081
334 245
11 532
78, 472
15 026
35 517
35, 161
39 843
68 939
332 199
14 532
63, 566
17,123
25 393
45, 852
36 959
80 468
322 887
12 008
49, 079
24, 849
30 619
40, 821
36 451
84 887
311,947
11 871
46, 181
13, 934
24, 521
47, 645
36, 978
86 630
271 793
13 465
39,411
14, 664
16 831
41,684
33, 924
70 397
329 139
10, 301
42, 174
17, 668
47 987
51,710
33, 817
79, 144
290, 304
8,081
42, 570
14, 595
43, 161
41, 077
26, 794
74, 602
261 141
8 006
48, 610
11, 364
24 725
43, 858
28, 002
65 598
297 372
8 846
64, 117
14, 659
26 478
37, 354
31 622
72 094
305, 809
7,593
67, 744
15, 271
38, 210
31, 892
34, 276
63, 515
350, 954
10, 504
84, 620
15,372
33, 392
23, 397
47, 185
78, 389
1,105.4
1,002.7
1,126.8
1,086.9
1,090.9
979.4
1,138.2
1, 044. 4
1, 009. 8 1, 152. 3
1,037.3
1, 133. 5
do
253 400
200 526
102, 948
264 369
284,179
228 688
206 841
88, 288
230 938
247,958
264 822
176 705
113,949
267 452
303,860
259,334
152 103
108' 788
259 456
307,177
268,749
147,174
112, 237
258 900
303,877
248 082
126 001
98, 752
233 271
273, 251
289, 950
166 403
114, 137
247 520
320, 209
281,392
139, 414
105, 838
233 705
284, 091
278 863
126 579
103 794
219 720
280, 808
295 680
161 277
119 873
244 967
330, 455
243, 503
192 087
98, 517
217 739
285, 494
272 438
223 588
101,321
241 073
295,114
do
do
do
do
do
do
do
377 708 354 968
20,179
8 745
141
861 163 386
/
, 242
3 590
29, 616
24, 976
44 067
38 603
25, 016
23, 463
357,045
14, 256
119 766
5 342
27, 963
45 610
23, 328
329 955
8 347
106 302
4 928
38, 240
41 903
19, 383
311,321
7,752
96 984
4,442
31, 269
42 814
15,357
259 789
13,307
78 299
4,363
18, 868
41,228
14, 866
322, 718
12, 474
109 415
2,887
28, 289
48,871
15, 522
297 400
4 854
97 339
4 578
30, 831
41 638
17, 523
288 544
5 337
81 227
4 109
28, 341
37 023
18 757
328 892
7,092
103 161
3 973
32, 117
33 825
14, 674
331, 374
7,907
131 996
3, 101
27, 573
22, 772
11, 877
376 136
24, 460
144 890
3, 721
31, 385
19, 322
11, 243
727,715
10 523
647,745
8 932
769,744
9 125
756,903
5 581
779,615
7 562
719,568
5 524
815, 501
4 928
747, 041
4 040
721, 219
5 850
823. 359
4 132
705, 966
3,324
757, 398
16, 825
129 800
47 499
10, 830
26 126
55, 072
118 510
104 835
37, 246
8,956
27 759
52, 936
113 908
125 726
39, 976
11,531
26 013
53, 689
132 113
120 803
37 499
9,610
24 133
57, 970
128 628
122 082
31, 843
13, 475
25 959
57, 139
133 469
109 426
26, 698
7,979
24 066
52, 791
120 796
106 246
30, 528
14, 646
25, 844
62, 950
145, 780
100 756
26 395
11, 034
28 788
51 045
139 998
101 360
23 484
11,619
26 963
52, 523
117 191
107 262
29 443
8,849
32 453
59, 576
135 206
103 227
26, 055
8,269
26 506
50,993
119 878
113 937
26, 185
4,527
22 870
50. 199
137, 294
Imports for consumption, total
mil of dol
By economic classes:
Crude materials
thous of dol
Crude foodstuffs
do
Manufactured foodstuffs and beverages
do
Finished manufactures
By principal commodities:
Agricultural products total©
Cocoa (cacao) beans, incl shells
Coffee
Hides and skins
Rubber, crude, including guayule
Sugar
Wool and mohair, unmanufactured
Nonagricultural products, total©
do
Furs and manufactures
do
Nonferrous ores, metals, and manufactures,
total©
thous of dol
Copper incl ore and manufactures
do
Tin, including ore
do
Paper base stocks
do
Newsprint
do
Petroleum and products
do
r
Revised.
» Preliminary.
JSee similar note on p. S-21.
1See similar note on p. S-21.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
©Includes data not shown separately.
§Excludes "special category, type 1" exports.
183
635
743
089
328
647
1 495 0
February
SUKVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-23
1957
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
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 originated, revenue
Passenger-miles flown, revenue
56, 255
20, 430
7,865
3,045
1,896
51, 682
18, 272
7,397
2,808
1,702
59, 224
20, 930
8,242
3,326
2,006
57, 716
20, 390
8,125
3,370
2,008
59, 863
23, 609
8, 356
3,433
2,016
59, 655
22, 396
7,628
3,707
2 333
62, 058
21, 969
7, 552
3, 525
2 253
63, 562
23, 651
7 749
3 741
2 349
thous. of dol
do
31, 391
9,758
30, 125
9,019
33, 445
11, 823
29, 827
9,347
22 506
4,939
22 215
6,236
24 405
7,278
cents
millions
mil. of dol
15 7
728
119 3
15.7
668
110.6
15.7
732
117.6
15 8
730
120 2
15 8
743
120 3
15 8
661
108 8
15 8
648
111 9
_thousands_.
flown
do
_
do
- ._ -do _ _ .
millions _
T
r
60 707
23 007
3 445
2 100
61 398
24, 080
8 214
3 483
2 015
57, 523
20, 686
7 762
3, 114
1 790
61 638
21 730
11 083
3 274
2 031
30 770
11 351
31 961
11 192
34 039
12 779
31 469
9 535
38 072
13 115
15 9
646
111 2
15 9
16 0
16 0
16 1
104 5
114 3
112 4
118 0
r 7 219
r
r
Express Operations
Transportation revenues
Express privilege payments
Local Transit Lines
Fares, average cash rate©
Passengers carried revenue
Operating revenues
_
663
709
675
701
16 2
677
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals) :
Number of reporting carriers _ Operating revenues, total
thous. of doL_
Expenses, total
_
_ __ do
Revenue freight carried
thous. of tons. .
848
924, 470
892, 707
59, 397
837
938, 036
891 633
57, 250
980, 490
933 027
59,411
Carriers of passengers (quarterly totals) :
Number of reporting carriers
Operating revenues total
thous of dol
Expenses, total
do
Revenue passengers carried- _
thousands .
150
84, 767
86, 039
63, 154
148
105 167
94, 973
68, 308
125 552
103 380
72, 094
837
150
Class I Railways
Freight carloadings (A. A. R.):d*
Total cars
Coal
Coke
Forest products
2,565
528
52
155
2,616
521
55
154
3,446
691
66
203
2,696
525
49
157
2 888
532
45
159
3 631
680
52
203
2 707
405
41
149
3 736
683
55
209
2 851
2 920
543
40
148
3,223
635
47
175
2 221
2, 164
457
28
136
2,108
427
28
139
201
24
81
200
1,324
202
21
83
217
1,364
264
28
119
290
1,784
192
22
151
225
1,375
191
23
321
220
1,396
236
23
441
264
1,731
251
20
363
201
1 277
278
29
437
275
1,770
182
35
323
217
211
49
289
220
254
47
191
249
1, 361
1,419
1,626
213
21
64
173
1,123
208
21
63
166
1,086
196
17
54
179
1,067
117
112
171
128
116
109
173
128
120
114
166
131
117
108
153
127
122
110
142
129
124
114
132
134
118
90
136
127
126
113
139
135
125
117
134
125
123
112
125
121
114
108
121
116
102
99
107
112
99
97
92
115
93
89
88
111
147
44
72
33
130
144
38
77
35
130
148
40
82
37
134
135
40
142
35
130
134
40
290
35
131
136
33
313
34
133
183
36
331
33
126
155
42
305
35
134
135
65
295
36
134
147
89
245
35
134
148
65
127
32
126
155
39
59
28
110
152
38
56
28
106
136
31
48
29
101
do
do do
-_do ___
130
112
163
143
127
109
163
134
130
114
165
131
120
108
156
127
119
110
143
124
119
114
135
129
113
90
140
126
121
113
145
129
115
117
136
116
114
112
127
115
112
108
121
118
110
99
102
125
109
97
87
128
100
89
83
115
do...
do
do _.
147
46
290
35
142
147
47
307
36
138
160
51
283
36
141
153
45
188
35
132
153
44
188
35
130
133
43
202
34
129
152
43
207
33
125
143
44
203
35
133
120
49
196
34
124
147
57
152
33
123
151
52
152
32
121
165
41
192
30
117
152
40
222
29
116
139
38
191
30
107
13,331
5,776
326
8,329
3,274
374
6, 428
2,331
543
8, 575
3,154
388
16, 339
8, 91 5
204
24, 248
16, 797
240
20, 437
9,285
4,278
12, 749
6,829
84
19, 886
11,756
12, 781
5 913
19, 965
9 275
2,376
54. 072
18, 237
23, 057
889
134
662
1 773
117
1,517
1 608
672
859
2 798
683
2,015
1,626
1,480
1,162
518
903
245
127
92
29
23
0
46
18
1
906. 5
780.5
59 7
713.6
867.9
735. 2
67 8
685.8
872.7
734.6
71 2
695.5
929.9
788.8
68. 8
701.3
873.0
747.2
56 4
673.1
927. 3
800.2
52.5
697.6
829.9
710 3
52 9
666.0
824.8
676 5
65 0
683.6
778.4
660.2
57.7
112.2
80.8
64.5
108.1
74.0
57.3
108.6
68. 5
48.2
132.2
96.4
79.5
115.7
84.2
63.7
130. 1
99.6
79.8
99.7
64.2
45.2
82.1
59.0
73 6
56, 590
1 424
2,040
54, 477
1.396
2,421
51, 624
1. 466
2,626
57, 999
1 405
2,537
53, 162
1 443
1,997
55, 629
1.473
1,821
50, 192
1 462
1,776
45, 995
15, 202
11, 423
3,779
14, 597
11, 200
3,397
14,811
11, 357
3,454
15, 629
12, 229
3 400
13, 552
10, 905
2,647
14,164
11, 359
2,805
12 774
10, 238
2 536
11 912
9,894
2 018
4,586
1,282
4 522
1, 233
4 441
1,087
4,334
1,040
3 955
4 305
3,994
832
4, 058
892
thousands
...do
do
do
Grain and grain products
do
Livestock
do
Ore
do
Merchandise, 1 c. 1
__ _
do_.
Miscellaneous
do
Freight carloadings (Federal Reserve indexes) :
Total, unadjusted
1935-39=100..
Coal
- do ._
Coke
do
Forest products
do
Grain and grain products
Livestock
_
Ore
Merchandise, 1 c. 1
Miscellaneous
Total seasonallv adjusted
Coal
Coke
Forest products
_.
_
_
_
Grain and grain products
Livestock
Ore
__
_
- - do ._
do _
do
do
do
Miscellaneous . _ _ _ . _ _ - _ _ _ _ _
do
Freight-car surplus and shortage, daily average:
C a r surplus, total 9 _ _ _
_ _ _ _ _ _ number
Boxcars.
_ _ _ _
_____
.do _
Gondolas and open hoppers
_
- do
1,646
2,406
1,851
1,181
Car shortage total 9
do
535
1,272
326
1,118
Boxcars
do
992
989
694
619
Gondolas and open hoppers
do
Financial operations:
r
855. 3
815.5
903.6
886.1
Operating revenues, total 9
mil. of dol
T
724. 7
695. 9
776.9
758.8
Freight
do
65.8
58.0
59.7
57.6
Passenger
do
690.4
688.6
643.3
690.1
Operating expenses
_
- do
Tax accruals, joint facility and equipment rents
106.4
123. 6
mil. of doL
108.7
114.5
r
58.6
89.9
81.2
65.7
Net railway operating income
_ . _ _ _ _ do 43.1
71.2
47.0
60.6
Net income t
do
Operating results:
51, 591
52, 962
49, 405
Freight carried 1 mile
_ mil. of ton-miles
56, 977
1.452
1 413
1.463
1.448
Revenue per ton-mile
cents
2,012
1,981
Passengers carried 1 mile, revenue
millions
2,347
2,068
Waterway Traffic
Clearances, vessels in foreign trade:
11, 779
14, 072
13, 229
Total U S ports _ thous. of net tons
10, 849
9,310
8, 555
10, 261
10, 727
Foreign vessels
_ _ - _ _ _ do
2,469
2,294
2,968
3,345
United States vessels
do
Panama Canal:
Total
thous. of long tons
4,253
3,897
4,813
4,397
959
930
In United States vessels.
do
1,229
975
r
Revised.
©Revisions
for January-October 1956 are shown in the January 1958 SURVEY.
cf1 Data for March, June, August, and November 1957 cover 5 weeks; other months, 4 weeks.
9 Includes data not shown separately.
^Revision for December 1956, $95,700,000.
544
41
149
668
418
983
133
929
461
33
132
105,263 ! 112,229
35, 032
34, 259
52, 482
57, 700
31.8
3 735
813
67
4
17
SURVEY OF CUREENT BUSINESS
S-24
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1958
1957
January
February
March
April
May
June
July
DecemOctober NovemAugust September
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
7.91
72
262
8.07
74
270
7.88
71
253
8.43
73
268
7.84
73
312
8.39
72
289
7.93
63
252
8.79
68
270
8.58
71
271
9.01
77
272
8.81
67
262
7.98
54
241
86, 989
95, 826
76, 052
35, 271
39, 245
302
91,217
104 618
63, 306
34, 484
49, 970
364
109, 421
116 920
87 010
45, 942
69, 146
480
103, 026
115 179
85, 423
45, 465
76, 301
726
105, 765
137 790
83, 063
53, 495
82, 755
1,183
125, 338
179 341
88, 791
58, 367
57, 208
3, 127
149, 640
175 608
85, 261
60,425
51,892
5,033
186, 508
144 292
95, 866
61, 642
42, 320
5,076
157, 049
115 945
102, 092
64, 213
32, 089
2,227
119, 148
95 824
81, 104
55, 740
30, 387
1,073
95, 909
79 431
68, 036
49, 478
26, 262
430
93, 952
589
8,979
524
7,989
506
7,711
459
7,001
416
6,342
469
7, 124
430
6,536
428
6,496
386
5 870
399
6,062
364
5,522
420
6,382
538, 572
307, 397
184, 278
353, 586
74, 122
52, 897
520, 662
303, 413
170, 471
332, 369
76, 025
53, 156
539, 632
306, 349
186, 255
355, 372
75, 788
53 431
548, 780
311,431
189, 272
362, 395
75, 815
53, 741
556, 390
312, 830
195, 422
370, 365
75, 664
54, 005
546, 793
312, 606
185, 727
356, 435
78, 339
54, 201
556, 214
311 922
194, 478
378 526
72, 385
54 444
562, 223
313 230
199, 107
367 918
80, 707
54 677
547, 338
315 464
181, 062
354 793
80 111
54 923
573, 410
325 268
197, 052
381 304
80, 690
55 309
564, 297
325 853
187, 067
366 209
83, 700
55 536
579, 975
331.492
196, 124
392, 194
79, 545
55, 781
20, 680
18, 299
1,371
19, 182
16, 924
1,306
20, 600
17, 859
1,763
21, 033
18, 317
1,732
21, 699
18, 966
1,733
20, 772
18, 123
1, 692
20 430
18, 943
545
20 673
18 535
1,358
20 435
18 035
1,572
20 970
18,412
1, 731
18 745
17, 533
451
20, 330
17, 941
2,075
3,034
2,231
528
2,689
2,249
197
2,879
2,340
272
2,824
2,313
239
3,055
2,486
287
2,840
2,381
192
3 041
2,548
198
2 796
2 463
48
2 840
2 471
92
3 243
2, 282
655
2 995
2,322
389
3,206
2,387
463
3,591
2,641
843
3,332
2,443
791
3,501
2,567
833
3,413
2, 545
767
3, 567
2,622
844
3, 345
2,629
609
3, 450
2,739
599
3,411
2,637
670
3,410
2.684
613
3,600
2,771
718
3, 260
2, 648
512
3,439
2,895
443
8.31
68
259
8.31
69
254
48, 238
382
56, 521
67, 926
28,419
342
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 revenues. _ _ . ,. _ . _ _ _ _ _ do. _
Operating expenses, incl, depreciation
do
Net operating revenues ._ ..
do _ _ _
j
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:!:
Ammonia, synthetic anhydrous (commercial)
short tons_. 302, 504
89, 275
Calcium carbide (commercial)
do
54, 253
Carbon dioxide, liquid, gas, and solid .
do
334, 403
Chlorine, gas
do
78, 852
Hydrochloric acid (100% HC1)
_ . _. do
294, 103
77, 754
53, 435
291, 428
75, 145
320, 733
86, 268
60, 643
326, 599
80, 957
321, 529
87, 443
66, 550
327, 920
76, 241
334, 209
81, 098
81,677
342, 813
74, 049
308, 755
74, 752
91, 533
329, 048
73, 214
293, 661
83, 009
102, 664
333, 137
75, 785
87, 581
98, 972
323, 404
77, 770
290,624
88, 942
78, 071
329, 627
76, 550
322, 557
86, 587
71, 427
338, 297
81,811
310, 535 '317, 199
86, 500
86, 958
60, 075
59, 685
319, 749 320, 994
78, 331
78, 049
237, 519
2,802
337, 694
231, 148
2,109
351, 157
250, 040
2, 524
380, 992
245, 241
2,502
356, 352
253, 287
2,619
383, 249
212, 616
2,393
331, 083
210, 125
2,414
331, 608
234, 772
2,647
353, 015
217, 441
2,645
373, 648
250, 362
2,797
384, 834
231, 100
r 2, 620
356, 873
247, 025
2,435
341, 132
379, 549
9,285
365, 413
376, 731
8,871
321, 922
414, 879
9,642
354, 297
403, 736
9,860
360, 937
400, 698
9,649
378, 190
377, 202
9, 341
356, 715
358, 741
6,286
362, 924
391, 615
8,166
354, 015
368, 917
8, 544
367, 350
401, 774
8,982
375, 059
404, 143
r 8, 693
361, 583
372, 603
9,276
358, 414
Nitric acid (100% HN03)
do
Oxvsren (high purity)
mil of cu ft
Phosphoric acid (50% HsPO^
short tons
Sodium carbonate (soda ash), synthetic (68% Na20)
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% IfoSOO
thous of short tons
Price, wholesale, 66°, tanks, at works
dol. per short ton__
Organic chemicals :cf
Acetic acid (synthetic and natural) , production
thous. of lb_Acetic anhydride production
do
Acetylsalicylic acid (aspirin), production
do
Alcohol, ethyl:
Production
thous. of proof gal._
Stocks, end of month, total
do
In industrial alcohol bonded warehouses --do
In denaturing plants
do
Used for denaturation
do
Withdrawn tax-paid
do
Alcohol, denatured:
Production
thous of wine gal
Consumption (withdrawals)
do
Stocks, end of month
do
294, 507
55, 869
50, 786
54, 466
53, 137
55, 470
48, 497
41, 156
46, 045
53, 867
58, 500
47, 670
41, 955
76, 657
69, 546
76, 249
74, 626
73, 093
66, 537
65, 448
65, 552
63, 650
74, 754
72, 709
66, 179
1,386
1,310
1,418
1,382
1,422
1,309
1,286
1,304
1,348
1, 433
1,315
1,292
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22. 35
22.35
22.35
22.35
53, 628
85, 428
1,491
41, 227
74, 946
1,512
41, 136
76, 985
1,208
32, 738
64, 305
1,570
38, 895
61,546
1,473
46, 982
67, 377
1,223
45, 643
67, 140
943
51, 726
76, 886
1,240
50, 725
81, 027
1,569
48, 168
84, 238
1,907
47, 259
85, 266
1,774
48, 829
86, 675
2,034
32, 766
23, 869
r 7, 330
33, 326
925
35, 429
29, 418
20, 791
8,626
35, 253
834
33, 631
28, 051
18, 734
9,317
35, 275
736
33, 444
26, 510
17, 530
8,980
33, 501
1,044
31, 755
r 26, 591
18,018
8,579
30, 793
' 1, 072
36, 560
28, 542
19, 880
8,662
35, 910
725
41, 481
28, 908
23, 517
5,390
37, 551
812
39, 048
26, 043
20, 780
5,263
35, 180
901
41. 109
24 441
20, 360
4.081
41,087
942
42, 654
27, 775
23, 460
4,315
38, 319
1,163
r 41, 373
33, 582
29,296
4,287
35, 674
741
46, 363
36, 190
31, 694
4,496
40,651
758
17, 896
18, 370
12, 135
19, 040
20, 365
11, 064
19, 047
19, 886
9,746
18, 133
19, 046
8,181
16, 665
17, 752
5,978
19, 403
19, 005
5,561
20,648
21, 534
4,607
19, 041
18, 042
5,576
22, 218
22, 985
4.978
20,672
21, 808
3,870
19, 290
19, 676
3,571
21, 885
21, 895
3,470
10, 244
9,603
8,955
10, 895
9,812
9,171
11,052
9,796
10, 414
Creosote oil, production
thous. of gal_.
7,978
9,306
11, 023
8,932
9,193
11.058
9,311
11, 522
11, 766
12,880
DDT, production
thous. of lb__ 10, 878
7,416
8,151
5, 702
8,038
6,371
9,801
6,938
7,420
6,061
8,748
Ethyl acetate (85%), production
do
82, 526
97, 156
98, 789 106, 183 109, 117 105, 236 104, 543
98, 873
93, 089
89, 577
Ethylene glycol, production
do
109, 149 105, 976 111,620 105, 163 104, 614 100, 606 93, 383 103, 324 105, 068 123, 410
Formaldehyde (37% HCHO) production
do
Glycerin, refined, all grades:
22, 909
22, 012
21, 770
16, 853
20, 799
21, 556
21, 873
17, 918
22, 811
19, 642
Production
do
15, 345
18, 692
18, 022
16, 767
15, 638
16, 641
15, 904
16, 026
17, 782
17, 029
Consumption
do
52,065
54, 288
55, 452
53, 629
55, 095
52, 058
53, 635
54, 348
51, 634
51, 974
Stocks, end of month
do
Methanol, production:
165
186
187
101
166
107
197
193
201
171
Natural
thous of gal
16, 692
16, 489
14, 108
18, 000
16, 329
18, 144
18, 665
16, 647
20, 503
18, 701
Synthetic
do
24, 240
27, 400
31,444
30, 519
27,242
29, 653
30,317
27, 080
30, 226
Phthalic anhydride, production
thous. of lb_. 25, 561
r
Revised.
*> Preliminary.
9 Includes data not shown separately.
JRevisions for January-November 1956 will be publi shed later ; revised 1955 figure s for phos phoric an d sulfuric acid are Etvailable ijpon requ est.
cfData (except for alcohol) are reported on basis of ] 00-percen t content of the spe cified mat erial unless otherw ise indica ted.
9,936
9,017
9,002
106, 358
117, 081
9, 729
8,870
9,074
103, 997
104, 466
19, 799
16, 211
53, 739
20, 465
14, 470
' 61, 149
134
17, 747
31, 231
148
19, 588
31, 913
36, 322
33, 337
25, 777
7,560
42, 818
943
23, 053
21,140
12, 194
r 31, 198
^22.35
18, 822
15,658
61,429
SURVEY OF CUREENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-25
1957
January
February
March
April
May
June
1958
July
DecemOctober NovemAugust September
ber
ber
January
February
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
384
Consumption (10 States)©
thous. of short tons__
391, 541
Exports, total 9
short tons
68, 610
Nitrogenous materials
do
264, 038
Phosphate materials
do
42, 660
Potash materials
do
711
400, 633
91, 201
259, 695
23, 146
1,307
572, 080
136, 510
334, 222
66, 979
1,722
605, 734
117, 457
364, 178
86, 548
1,178
547, 058
120, 399
366, 275
27, 059
647
560, 382
81,768
421, 374
45, 042
286
545, 081
73, 414
414, 603
37, 482
185
582, 497
87, 709
440, 652
26, 145
301
503, 418
57, 439
394, 737
34, 449
411
464, 974
89, 941
327,238
20,608
334
392, 048
70, 852
264, 064
41, 859
287
361, 631
72, 221
272, 165
7,722
167, 168
Imports total 9
do
113, 043
Nitrogenous materials, total 9
do
30, 483
Nitrate of soda
do
7, 336
Phosphate materials
do
20, 606
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
49.50
Port warehouses
dol. per short ton__
203, 735
101, 561
21, 213
9,672
53, 485
211, 583
115, 218
23, 566
12, 138
32, 622
260, 485
167, 161
94, 189
9,582
24, 101
214, 395
144, 266
84, 590
10, 103
7,969
181, 884
139, 344
71, 461
7,343
4,145
123, 050
75, 805
26, 160
11, 237
18, 023
181, 128
105, 840
36. 049
12, 027
40, 859
180, 198
108, 899
36, 449
7, 256
35, 839
192, 190
106, 965
21, 724
17, 838
41, 720
205, 134
155, 271
88, 290
10, 079
22, 839
211 548
160, 757
50, 771
9,439
26, 194
49.50
49.50
49.50
48.00
48.00
48.00
48.00
48.00
49.75
49. 75
162, 814
183, 140
266, 028
269, 417
165, 546
121, 134
90, 904
114, 455
158, 612
113, 306
160, 852
124, 833
219, 855
414, 922
216, 022
418, 947
229, 529
322, 033
225, 072
233, 405
211, 784
206, 881
170, 519
271, 568
162, 974
308, 380
170, 834
321, 274
188, 705
339, 729
216, 276
337, 193
205, 821
369, 039
210, 792
398, 660
546
70, 015
722
67, 094
246
71, 654
223
79, 924
137
82, 235
107
78,911
210
82, 007
195
80, 288
307
86, 887
299
82, 141
352
69, 603
340
68, 154
293
64, 719
495
3,998
440
4,088
472
4,102
462
4,049
429
4,093
440
4,087
460
4, 153
470
4,173
445
4,273
462
4,305
446
4,355
472
4,423
461
4, 540
24, 294
21, 537
20, 279
28, 660
27, 676
20, 442
23, 806
22, 453
20, 668
23, 619
22, 503
20, 469
28, 854
28, 510
19,680
23, 409
23,265
17, 364
22, 102
23, 855
17, 107
25, 682
24, 260
16, 900
23,377
24, 086
15, 055
23, 046
23,850
13, 352
25, 786
23, 137
13, 901
23, 132
17, 763
19, 763
24, 755
20, 791
23, 458
236, 928
145, 660
349, 056
239, 230
133, 123
347, 889
215,198
146, 703
288, 052
208, 585
139, 888
254, 929
230, 325
143, 522
248, 253
212, 554
130, 684
250, 302
211, 120
109, 670
253, 161
227, 447
152, 561
247, 307
208, 097
140, 566
231, 469
237, 040
155, 053
239, 287
223, 282
137, 141
249, 102
211, 279
132, 330
270, 070
231. 653
148, 147
267, 193
1,031
13, 626
87, 079
515
14, 689
71, 646
411
10, 522
59, 407
1,358
11, 570
54, 107
12,280
12, 423
57,332
19, 010
11,177
66,412
34, 146
12, 161
83, 788
25, 742
10, 785
77, 512
22, 958
12, 249
82, 035
23,743
13, 753
92, 372
r 10, 640
647
573
587
501
582
508
501
471
472
455
416
471
436
420
464
464
486
438
661
585
641
537
599
531
614
606
602
447
596
461
616
463
605
456
597
416
476
367
492
313
462
272
478
242
511
269
609
306
675
325
660
337
167, 776
47, 121
2,476
44, 645
145, 263
26, 555
3,182
23, 373
203, 824
50, 333
2,034
48, 300
114,055
39, 417
4,769
34,648
76, 550
40, 098
9,855
30, 243
156, 113
32, 615
4,800
27, 814
77, 363
37, 181
5,668
31,512
87, 679
39, 481
1,707
37, 774
68,911
39, 084
385
38, 699
93, 122
42, 494
1,885
40, 609
54, 992
39, 887
1,157
38, 730
130, 156
50,799
987
49, 811
Potash deliveries
short tons
Superphosphate (100% available phosphoric acid):
Production
short tons
Stocks end of month
do
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder _
_ _ _ _ _ thous. o f Ib
High explosives
do
Sulfur (native):
Production
thous. of long tons
Stocks (producers'), end of month
do
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases:cf
Tallow, edible:
Production J
thous. of Ib
Consumption factory^ J
do
Stocks (incl. refined grades), end of month- _ do
Tallow and grease (except wool), inedible:
Production t
do
Consumption, factory^J
do
Stocks (excl. refined grades), end of month__do
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
Crude
Refined
Exports
Imports, total
Paint oils
All other vegetable oils
__
_
do
do
do
mil. of Ib
_
do
do
do
thous. of Ib
do
do
do
8,387
89, 110
339
* 49. 75
'6,419
218
' 12. 3^9 10, 044
' 78, 480 70, 286
Copra:
25, 274
27, 222
27, 325
26, 663
30, 277
24, 480
26, 621
21, 887
32, 554
25, 503
32, 627
Consumption, factory
short tons
31,469
32, 450
13, 504
20, 235
13, 219
8,748
12, 354
16, 787
18, 177
27, 178
9,824
15, 065
16, 721
Stocks, end of month
_ __
do
23, 979
23, 231
25, 686
31, 372
22, 787
15, 960
15, 701
30, 015
28,697
Imports
do
22, 751
36, 483
30, 183
39, 410
Coconut or copra oil:
Production:
34, 459
35, 415
34, 031
38, 967
31,114
32, 604
32, 300
28, 488
33, 758
41, 574
40, 167
41, 588
41, 069
Crude
.
__ _
thous. of Ib
36, 211
34, 962
29, 902
42, 310
34, 364
33, 108
30, 670
35, 421
18,226
51, 702
34, 712
29,178
36, 367
Refined
do
Consumption, factory:
55, 205
54,162
51, 142
50,094
46, 602
61, 969
47, 879
32,816
54, 793
76, 573
48, 533
55, 516
Crude
_
do
53, 019
37, 082
35, 729
28, 906
31, 098
24, 595
35, 775
33, 266
37, 400
32, 050
41, 806
Refined
__
do 32, 532
29, 526
33, 107
Stocks, end of month:
50,849
57, 866
73, 592
62, 803
36, 976
40, 881
40, 617
61, 729
52, 208
37, 065
Crude. _ _ _ _ _
_ ___
do _
57, 329
38, 821
56, 840
13,065
9,027
15, 492
15, 260
11, 436
9,259
10, 440
4, 467
10, 023
11, 245
11,913
Refined
do
12, 287
11.065
15,
245
10,
995
22,
188
5,922
19,
690
17, 813
10, 060
12, 378
Imports__
_ do_ 14, 238
16,329
14, 460
23, 099
Cottonseed:
11
114
43
25
238
10
101
504
10
Receipts at mills
thous. of short tons
1,140
932
925
273
142
278
224
492
147
613
120
Consumption (crush)
do
346
646
400
542
522
610
164
1,624
260
533
320
183
1,176
801
912
Stocks at mills, end of month
do
418
1,233
1,616
1, 367
Cottonseed cake and meal:
71, 002 166, 582 299, 826 280, 242 246, 686 238, 031
72, 366
58, 531
293, 321 238, 857 192, 415 135, 735 112,023
Production
_
_
short tons
194, 737 228, 210 263, 956 279, 436 293, 212 287, 779 251, 816 209, 556 209, 213 249, 383 261, 578 246, 341 241, 455
Stocks at mills, end of month
do
Cottonseed oil, crude:
99, 742
207, 691 170, 419 139, 383
81, 445
53, 599
42, 577
48, 393 114, 715 223, 092 203, 699 180, 635 174, 440
Production
_
_thous. oflb
70, 242
48, 915
170, 536 168, 091 142, 267 116, 696 107, 760
Stocks, end of monthj
do
64, 027 108, 132 127, 828 124, 341 129, 699
36, 787
Cottonseed oil, refined:
90,323
74, 543
65, 405
54, 947
163, 853 132, 848 106, 524
75, 529 130, 973 133, 777 131, 698 138, 290
43, 777
Production
_
do
94, 429 116,520 109, 610 107, 956 115,273
Consumption, factoryj _
do
131, 666 113, 600 109, 669 100, 139 106, 940 105, 878 101,717 103, 764
14, 365
19, 669
31, 636
15, 571
15, 048
20, 579
13, 573
29, 561
26, 119
15, 685
18, 008
In margarine
do
15,619
17, 777
245
154
205
99
82
278
267
288
285
114
95
152
132
Stocks, end of month t
mil. oflb
.185
.195
.180
.195
.180
.190
.223
.223
.223
.180
Price, wholesale, drums (N. Y.)
dol. per lb_.
.195
P . 205
.205
Flaxseed:
1
Production (crop estimate)
thous. of bu
25 754
Oil mills:
3,055
3,373
1,500
1,561
1,508
2,304
2,239
2,586
2,981
Consumption
do
2,373
2,069
1,854
2,730
2,615
1,422
2,352
2,777
1,748
3,516
3,707
3,794
3,433
4,662
2,066
Stocks, end of month
- _ do _
4,414
4,719
3.25
3.07
3.16
3.07
3.34
3.40
3.40
3.17
3.40
3.23
3.35
Price, wholesale, No. 1 (Minneapolis) _dol. per bu_.
3.42
3.21
3.34
r
Revised.
» Preliminary.
i December 1 estimate of 1957 crop.
©States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia, consumption in that State is as follows (thous. short tons): 1957—January-March, 277; April-June, 323; July-September, 79; October-December, 66.
9 Includes data not shown separately.
cTFor data on lard, see p. S-29.
^Revisions for 1954-October 1956 for edible tallow and for 1956 for the following indicated series will be published later: Inedible tallow, and fish oils (production and consumption, JanuarySeptember); total vegetable oils (production, January, February, May, and June; consumption and stocks, January-September); crude cottonseed oil stocks, May; refined cottonseed oil
(total consumption and stocks, March-May).
H Consumption figures for edible tallow exclude quantities used hi refining; those for inedible tallow, etc., include such quantities.
ABeginning 1955, data may include some refined oils (not formerly included); consumption figures exclude data for cod, cod-liver, and other oils, and stocks include only the quantities of
these oils held by producing firms.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1957
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
February
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Continued
Linseed oil, raw:
Production
thous of Ib
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 J __ .__ _ _ _ do
Stocks, end of month:
Crude
__
do
Refined t
do
Price, wholesale, refined (N. Y.)
dol. per lb._
Margarine:
Production
__ _
__ thous. of lb__
Stocks (factory and warehouse) , end of mo--__do
Price, wholesale, colored, delivered (eastern U. S.)
dol. per Ib
Shortening:
Productiont
thous. of Ib
Stocks end of month
do
PAINTS, VARNISH, AND LACQUER
Factory shipments, total
-thous. of doL.
Industrial sales
_. do
Trade sales
- _- -- _ - do
Rosin modifications
Polyester resins
Polyethylene resins
Miscellaneous
_ -
45, 657
33, 825
128, 945
.133
52, 970
39, 009
144, 223
.131
31, 106
40, 890
135, 446
.127
31, 929
35, 442
123, 646
.127
30, 533
42, 438
69, 912
.127
61, 488
38, 627
71, 442
.127
68, 387
48, 496
73, 249
.133
58 787
43, 661
72, 649
.142
52 829
43 348
64, 345
.148
45 699
35 696
75, 380
.149
39 771
27, 308
89, 258
.150
35 847
32 616
87, 429
P. 151
28, 420
65, 517
26, 622
56, 332
28, 909
44, 232
27, 328
33, 533
26, 476
24, 678
24, 694
18, 724
24, 354
18, 655
25, 387
12, 778
22, 245
6,370
28, 084
66 741
29, 227
80 467
*479 841
28, 417
78 863
31, G91
70 010
305, 156
240, 523
222, 557
287, 218
209, 184
208, 924
313,006
220, 333
210, 687
298, 230
213, 476
207, 436
289, 605
217, 495
213, 302
271, 970
238, 089
235, 912
268, 757
211, 177
202, 512
276, 614
241, 083
222, 759
244 415
210, 216
221, 872
306 746
252 453
247 491
313 366
240' 139
231, 439
299 940
248 735
249, 682
328 321
292 857
285, 901
134, 093
103, 973
.200
129, 964
99, 970
.200
150, 434
97, 821
.200
173, 139
97, 212
.185
195, 853
101, 845
.175
180, 480
98, 325
.175
217,629
98, 925
.175
199, 167
113, 725
.175
182, 123
103, 781
.170
194, 319
110 813
.170
249, 323
125 027
.170
281, 268
124 738
.170
261, 537
114 704
p. 170
132, 373
29, 874
121, 685
32, 143
120, 472
34, 814
122, 897
27, 426
116, 196
29, 963
98, 088
28, 855
109, 977
25, 444
116,812
28, 453
120, 737
27, 303
137, 803
29, 391
128, 788
32, 205
134, 716
26, 392
150, 509
28, 930
.292
.292
.292
.282
.275
.275
.275
.275
.275
.275
.275
.275
P. 275
160, 015
126, 807
144, 252
133, 017
129, 420
138, 595
127, 363
129, 987
150, 741
123, 001
147, 478
130, 125
131, 433
118, 022
160, 503
108, 393
160 293
112, 674
176 608
112 538
168 555
114 493
150 971
120 337
175 410
116 209
125, 401
54, 539
70, 862
112, 467
50, 131
62,336
130, 966
55, 378
75, 588
145, 055
57, 566
87, 489
157,569
59, 768
97, 801
152, 899
55, 370
97, 529
148, 162
55, 244
92; 918
152, 080
57, 600
94, 480
132, 566
50, 863
81, 703
134, 032
56, 169
77 863
113, 689
49, 571
64, 118
95, 418
42, 464
52, 954
120 276
49, 320
70, 956
3,491
7,456
377
525
3,292
7,187
429
375
4,253
8,289
379
500
3,823
7,168
357
528
3,658
7,672
412
466
4,094
7,794
270
468
2,872
6,621
233
341
3,580
7,200
318
511
4,186
9098
281
495
3,813
9 663
330
546
3,653
7 624
339
344
3,885
7,778
360
259
do
do
- do
do
- do
41, 373
43, 507
23, 097
67, 096
34, 948
37, 064
46, 097
22, 556
64, 005
29, 980
39, 816
51, 041
25, 910
70, 419
31, 879
35, 442
48, 871
24, 217
67, 640
32, 382
39, 251
48, 598
23, 971
71, 363
34, 715
35, 561
43, 309
22, 268
68, 327
32, 120
32, 607
38, 889
18,057
63, 272
27, 858
37, 043
46, 520
23, 597
72 263
29, 228
37, 406
48 496
23, 486
72 238
29, 993
45
52
25
77
32
317
759
933
088
979
37, 769
'47 811
22, 926
71 535
24 937
34, 379
45 903
23, 094
66 458
24, 058
_ _ _ _ _ do
do
_ do
do
10, 848
7, 265
52, 394
14, 829
10, 517
7,187
49, 800
13, 080
9, 951
8,618
56, 587
15, 428
10, 508
8,961
51, 793
15, 711
11,749
8,525
56, 170
15, 118
11,000
8,178
56, 074
14, 900
9,149
7,209
55, 357
14, 428
10, 048
7 336
58, 349
15 313
10, 442
6 664
60, 184
15 874
10
7
62
17
991
976
552
681
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes.- __ thous. of Ib
Molding and extrusion materials
_ do
Nitrocellulose sheets, rods, a n d tubes __ _ _ _ d o _ _
Other cellulose plastics
do
Phenolic and other tar acid resinsPolystyrene
Urea and melamine resins
Vinyl resins
Alkyd resins
46, 864
37, 985
111,821
.134
-
9
6
62
16
097
589
936
046
7,590
6 546
68, 510
14 741
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), totalt
mil ofkw.-hr-Electric utilities total
do
By fuels
_
_ do _
By waterpower
_
do
62, 938
55, 503
45, 311
10, 192
55, 374
48, 666
38, 687
9,979
59, 765
52, 447
41, 008
11, 439
57, 702
50, 669
38, 622
12, 047
58, 909
51, 699
39, 900
11, 800
58, 990
52, 053
40, 873
11, 180
61, 191
54, 348
43, 534
10, 814
62, 649
55, 449
45, 416
10, 033
58, 335
51, 573
42, 291
9,282
60, 297
53 157
43 116
10, 041
58, 667
51 788
40, 886
10, 902
60, 888
54 029
41, 597
12, 432
62, 216
55 363
42' 838
12 525
Privately and municipally owned utilities do
Other producers (publicly owned)
_ _ - _ d o __
45, 083
10, 420
39, 779
8,887
42, 349
10, 098
40, 641
10, 028
41, 190
10, 509
41, 590
10, 463
43, 532
10, 816
44, 585
10, 863
41, 742
9,831
42 956
10 201
41 651
10, 137
43 653
10, 376
44 454
10 910
do
do
do
7,435
7,154
281
6,708
6,443
266
7,318
7,005
313
7, 033
6,724
310
7,210
6,917
293
6,937
6,678
259
6,843
6,628
215
7,200
6,999
201
6,762
6,559
203
7 140
6,918
222
6 879
6,631
249
6 860
6,568
291
6 853
6,544
309
_ _ _ d o __
47, 693
46, 217
46, 167
45, 671
45, 353
45, 613
46, 349
47, 976
47, 549
46, 304
46, 042
do
do
7,640
23, 795
7,583
22, 640
7,440
23, 509
7,324
23, 679
7,440
23, 996
7,935
23, 815
8,586
23, 068
8,839
24, 026
8,680
24, 010
7,969
24, 120
7,782
23, 357
412
Railways and railroads
do
Residential or domestic
do ___ 13, 561
784
Rural (distinct rural rates) _ _ .
do
Street and highway lighting.
do .
487
973
Other public authorities
do
Inter departmental-- _ _
do
39
Revenue from sales to ultimate customers (Edison
784, 979
Electric Institute)! - _
thous. of dol
GAS
Manufactured and mixed gas (quarterly) :cf
Customers, end of quarter, total
thousandsResidential (incl. house-heating) __
do _
Industrial and commercial
do___
373
13, 389
758
440
989
45
379
12, 618
773
429
965
54
361
11, 970
922
393
969
53
235
11,310
903
370
949
51
312
11, 205
985
348
958
56
316
11, 709
1, 258
357
995
60
322
11, 996
1 339
388
1 007
59
315
11, 897
1 189
415
987
56
326
11, 493
908
457
988
42
331
12, 322
741
491
982
36
775, 742
762, 232
751, 690
746, 672
758, 054
777, 509
796 383
793, 554
771, 174
773 480
Industrial establishments, total
By fuels
By waterpower
_
Sales to ultimate customers, total (EEI)$
Commercial and industrial:
Small light and power
_.
Large light and power
_
Sales to consumers, total___
mil. of thermsResidential (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
r
1
3, 314
3,093
219
3,282
3,064
216
3,208
2,996
210
885
688
190
526
366
151
302
179
115
115, 093
91, 938
22, 550
75, 580
57,581
17, 467
48, 503
34, 922
13, 132
r
47, 062
r
r
r
7, 932
22, 911
362
13, 553
730
516
1 012
46
798 014
Revised.
» Preliminary.
December 1 estimate of 1957 crop.
t Revisions for 1956 will be published later for indicated series as follows: Soybean oil (consumption and refined stocks, March-May; crude stocks, April); shortening production, March;
electric-power sales and revenue, February-December.
Electric-power production revisions may be found on p. 20 of this issue.
cfTotals include data not shown separately. Revisions for 1st and 2d quarters of 1956 are available upon request.
SURVEY OF CURRENT BUSINESS
March 1958
S-27
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
February
ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly) id1
Customers, end of quarter, total
Residential (incl. house-heating)
Industrial and commercial
_
26, 745
24, 624
2,092
26, 705
24, 637
2, 040
26, 815
24, 778
2,009
23, 052
10, 308
11, 826
16, 898
5 125
11 030
14, 223
2,055
11 296
1, 290, 577
827, 558
437, 858
851 014
466, 161
365 489
602 220
241, 943
339 062
thousands..
do
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
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
5,912
6,866
7,611
Production
thous. of bbl
5,689
5,570
6 439
Taxable withdrawals
do
9,552
9,558
10,
261
Stocks end of month
do
Distilled spirits:
'
19,
384
r
18,
107
r
18,
869
Production
_ thous. of tax gal. _
Consumption, apparent, for beverage purposes
14,
375
16,
897
15,
936
thous. of wine gal.
9,661
10, 805
12, 420
Tax-paid withdrawals
thous. of tax gal
Stocks, end of month
_
do
838, 623 842, 059 '845,408
1,482
1,973
Imports
thous. of proof gal
1,606
Whisky:
11,429
11, 243 ' 12, 118
Production
thous. of tax gal
5, 125
6,139
6,626
Tax-paid withdrawals
do__
730, 569 732, 777 735, 536
Stocks end of month
do
1,265
1,438
1,733
Imports
thous. of proof gal
Rectified spirits and wines, production, total 9
thous. of proof gal. _ ' 4, 688 ' 4, 617 ' 5, 148
3,622
3,675
4,016
Whisky
do
Wines and distilling materials:
Effervescent wines:
251
206
205
Production
thous of wine gal
134
129
101
Taxable withdrawals
do
1,611
1,665
Stocks, end of month
do
1,477
41
44
36
Imports
do
Still wines:
r 2, 668
2 923
2,218
Production
do
10, 872
12, 485
10, 220
Taxable withdrawals
do
'190 010 T 180, 082 '170 633
Stocks end of month
do
585
598
465
Imports
do
T
r
3 973
3, 953
1,540
Distilling materials produced at wineries
do
8,081
6 992
10, 931
9,007
9,011
8 201
8 247
11,211 ' 11,451
19, 033
19, 307
9,803
9, 191
11, 469
8,354
8 482
10 805
6,838
6 884
10 333
6,769
6 517
10, 135
5,247
5 723
9,337
5 952
6 420
8 495
6,774
5 938
8 941
14, 063
8,478
11, 002
23, 650
34, 060
21, 866
19, 412
19, 732
15, 264
17, 868
16, 443
11,190 ' 12, 201
12, 887
850, 996 ' 854, 885 853, 012
1,965
2,277
1,936
15, 121
10, 316
848,118
2,211
16, 994
11, 568
845, 122
1,942
16, 047
13, 786
842, 191
2,579
20, 821
19, 463
838, 122
3,532
22, 052
16, 014
836, 771
3,644
24, 352
11, 042
842, 162
3 129
10, 279
849, 714
12, 500
10, 776
8, 067
5,432 ' 6, 214
6,404
740, 710 '743,488 742, 872
1,782
2, 056
1,739
4,048
4,177
741, 197
2,025
5,262
5,482
739, 048
1,740
8,214
7,604
736, 320
2,332
12, 189
10, 283
734, 308
3,159
11,743
9,170
733, 948
3,310
11 917
5,787
737 587
2,770
11, 951
5, 520
742, 111
' 5, 248
4,170
r
5, 629
4,382
' 6, 926
5 615
5,332
4,171
5,611
4,219
7,227
5 918
10, 532
9,023
8,931
7, 553
6,256
5 095
4, 915
3 805
237
183
1,755
67
282
173
1,840
50
155
105
1,877
36
336
155
2,039
49
172
184
2,007
59
187
276
1,892
96
178
329
1,722
104
218
308
1,609
141
251
166
1, 668
2,139
'1,912
1 984
11,893
11, 295
10, 421
159, 627 '149 601 '139 115
653
649
621
1,871
'866
1 332
1,049
9,248
130, 148
457
1, 192
4,132
10, 888
122 608
509
10, 566
42 227
13, 680
149 569
620
97 449
69, 443
15, 355
206, 200
848
123, 025
12, 774
12, 476
203, 882
813
25, 263
3 727
12, 332
190 765
908
5 054
2 410
11, 507
181 670
226
160
1,713
50
3 192
DAIRY PRODUCTS
Butter, creamery:
116,075
Production ( factory) t
thous. of Ib
28, 855
Stocks cold storage, end of month
_ _ _ do
.604
Price, wholesale, 92-score (New York) ... dol. per lb__
Cheese:
100, 555
Production (factory), total J
thous. of Ib
67, 580
American, whole milkt
_ do
Stocks, cold storage, end of month, total
do...
American whole milk
do
Imports
_
. . . do
Price, wholesale, American, single daisies (Chicago)
__
dol. per Ib
Condensed and evaporated milk:
Production, case goods :J
Condensed (sweetened)
thous. of Ib
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of month:
Condensed (sweotened)
thous. of Ib
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened)
__
_ _ . _.do
Evaporated (unsweetened)
do
Price, wholesale, IT. S. average:
Evaporated (unsweetened)
__ _ dol. per case
Fluid milk:
Production^
mil. oflb
Utilization in mfd. dairy products
__do _
Price, wholesale, U. S. average ._ dol. per 100 Ib
Dry milk:
Production: t
Dry w*hole milk
thous of Ib
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
Dry whole milk
do
Nonfat dry milk solids (human food) t
.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. perlb
T
r
110, 015
31, 946
.606
125, 675
40, 915
.604
133, 450
61,996
.604
159, 085
95, 998
.602
149, 400
147, 013
.601
127, 180
176, 061
.601
108, 955
171,815
.607
91, 265
145, 262
.624
100, 540
126, 921
.614
93, 770
109, 373
.607
106, 330
87, 312
.609
118, 135
'86,114
.604
96, 665
66, 670
115,610
82, 160
130, 705
95, 660
162, 510
126, 505
159, 580
124, 990
137, 160
105, 135
118,535
89, 155
101,035
72, 835
99, 580
68, 810
89, 180
59, 180
97 670
64, 625
100, 330
67, 605
419, 992
379, 637
5,038
390, 308
349, 44]
3,188
388, 631
346, 277
4,989
391, 289
345, 421
4,325
424,917
381, 146
3,953
466, 136
419, 583
4,202
495, 063
449, 472
2,850
507, 286
460, 860
3,208
497, 486
453, 093
3, 214
464. 570
425, 655
5,144
435, 950
399, 524
4,892
.390
.390
.390
.390
.390
.388
.388
.388
.391
.392
.392
.396
.395
7,350
163, 250
8,275
169, 700
6,380
212, 450
6, 350
249, 000
4,250
312, 000
3,650
278, 000
6,050
244, 250
4,500
216, 500
3,950
170, 900
4,475
162, 500
3,300
137, 200
3 350
143, 500
4, 150
145, 000
9,559
123, 699
' 9, 149 r 9, 227
9, 547
' 83, 250 '154,153 '244,663
6,469
5,834
262, 925 '215 465
5, 384
158, 966
9,117
156, 396
r
5,129
15, 847
2,888
9,200
5.93
5.93
' 9, 692 r 9, 446
3,791
3,618
4.44
4.34
7,900
130, 650
6,500
128,400
7,270
15, 064
5.95
r
10, 939
4,213
4.19
7,000
153, 600
4,802
7,861
2, 536
13, 034
6.05
6.06
6, 634
8,406
' 7, 517 7,533
9,416
368, 927 '421,722 ' 438, 666 428, 868 '379,641
1,444
16, 306
3,153
12, 149
6.05
6.06
3, 350
19, 897
6.06
' 11, 412 r 13, 007
4,647
5,593
3.99
3.85
' 12, 518 ' 11,597
5,312
4,593
3.99
3.83
r
8,600
171, 800
10 100
200, 200
7,000
119, 200
10 900
215, 700
8 700
151, 500
10, 736
3,929
4.16
1,712
15, 762
2,504
16, 375
6.06
6.06
410, 524 ' 380. 531 350, 070
376 618 ' 344, 943 316, 042
5,871
1,513
10, 854
1,568
12 038
6.08
6.14
' 9, 538 ' 9, 379
3,454
3,307
4.56
4.40
' 8, 771 ' 9 346
3,148
3,510
4.62
' 4.51
6 700
89, 400
7 300
104, 200
8 200
100, 460
87, 516
.604
8 400
127 700
.395
6.15
9 800
3,771
' 4.42
9,482
v 4.31
7 100
142 700
' 10, 480 ' 10, 379 r 9, 578 r ' 9, 758 ' 12 014 ' 13 552 ' 13 941 ' 12, 736 '11, 095 ' 11 671' 11 013 ' 8 964 9 423
88, 168 r 83, 583 ' 80, 724 95, 571 ' 139, 730 ' 167, 774 ' 154, 706 '131,546 ' 107, 023 ' 92, 804 ' 83, 253 ' 85 688 87, 334
r
4,418
9,136
3,071
7,645
3,607
12, 552
4,858
24, 418
3,940
18,290
3,183
25, 686
4,561
18, 989
5,168
24,192
2, 681
29, 588
3,666
30, 260
3,722
28, 929
5 350
11,203
.153
.152
.153
.154
.153
.153
.152
.153
.153
.152
.154
.154
.154
Revised.
*» Preliminary.
c^Totals include data not shown separately. Revisions for 1st and 2d quarters of 1956 are available upon request.
9 Data beginning July 1956 exclude production of wines and vermouth; for July 1956-June 1957, such production totaled 146,000 gal.
{Revisions for the indicated items and for the periods specified are available upon request as follows: Butter, cheese (total and American), dry whole milk, and nonfat dry milk solids (production)—January 1955-September 1956; condensed milk and evaporated milk—January-September 1956; fluid milk—January-December 1956; nonfat dry milk solids (stocks)—January 1954December 1956.
SURVEY OF CUEEENT BUSINESS
S-28
March 1958
1958
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous of bu
Shipments, carlot ._ _
no. of carloads
Stocks, cold storage, end of month
thous. of bu__
Citrus fruits, carlot shipments
_no. of carloads. _
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. of Ib
Fruit juices and purees
. do..
Vegetables
do
Potatoes, white:
Production (crop estimate)
thous of cwt
Shipments, carlot
no. of carloads..
Price, wholseale, U. S. No. 1 (New York)
dol. per 100 lb_.
1117,308
3,197 ' 3, 210 3,070
37, 368 ' 25, 310 18, 232
1,595
19, 814
1,592
12, 765
2,061
7,128
1,804
3,246
1,005
1,045
257
384
131
229
48
340
803
12, 215
3,406
48, 634
2,765
45, 621
7,492
6,579
7,819
7,783
9,564
8,484
6,966
5,483
4,176
4,437
6,411
422, 805
388, 388
787, 218
379, 474
464, 337
721, 613
341,520
492, 287
665, 354
292, 185
505, 397
655, 695
272, 005
562, 221
625, 384
375, 067
567, 775
657, 296
498, 120
504, 187
726, 872
550, 700
445, 713
873, 685
566, 388
398, 485
984, 765
545, 092
337, 273
993, 230
522, 747
274, 368
957, 089
15, 524
15, 687
19,819
17,712
18, 443
19, 971
10, 797
9,417
9,536
12, 324
13, 089
i 236,268
13, 322
'16,622
3.533
3.620
3.480
3.540
3.930
3.658
3.328
3.841
3.290
3.708
3.350
3.288
* 3. 800
67, 010
66,226
72, 528
69, 143
58, 456
72,209
49, 127
59, 843
49, 873
57, 077
60,335
64, 199
10, 537
8,344
10, 760
8,340
8,263
15, 480
15, 403
22, 973
11, 809
13, 818
12, 357
i 435,695
13, 947
37, 661
36, 062
25, 343
22, 224
44, 894
39, 203
3,576
6,052
4,458
3,305
44, 855
275 531
3,820
41, 471
3,675
31, 253
42 265
3,569
40, 120
3,386
30. Ill
105, 813
5,530
6,821
1.278
1.237
1.261
1.206
1.268
1.219
1.263
1. 205
1.238
1.188
1.131
1.036
1.139
1. 055
1.176
1.115
1.228
1.160
1. 264
1.197
11,731
32, 736
10, 874
49, 429
11,313
60, 072
11,133
47, 066
12, 023
32, 770
11,473
17, 203
11,661
17, 375
12, 321
21, 525
11, 716
16, 864
12, 952
20,520
89, 559
102, 650
157,821
105, 664
14, 124
18, 643
120, 317
2 419. 6
13, 867
110, 211
12,313
153, 642 139, 360
l, 122. 7
10, 198
10, 549
128. 029
12,514
126, 955
1,621.0
16, 024
151,613
12, 789
15, 141
20, 530
1.343
1.322
1.275
1.244
1.290
1.260
1.298
1.240
1.333
1.267
1.316
1.292
1.337
1.336
1.312
1.260
1.262
1.184
1.189
1.151
1.157
1.103
7,261
3,759
4,950
5,968
4,272
3,652
10,607
26, 275
7,805
7,278
5,090
19, 494 ' 17, 793r '15,119
414 957
1,614
1,423
869
.820
.784
.778
13, 240
11,688
12,066
r2
193, 708
1,134
1,237
.738
.695
16, 083
24, 314
22, 225
18,046
1,411
.662
3,490
.674
25. 420
1,056,555
1,694
.650
2,133
.632
2,802
.750
8,441
' 6, 983
5, 909
494, 275 -•443,980 392, 926
288, 625 'r 362, 743 401,348
881, 717 780, 61 6 699, 453
16, 338
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) -thous. of bu._
Barley:
Production (crop estimate)
Receipts, 4 principal marketsj
Stocks, domestic, end of month:
Commercial
On farms
Exports, including malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight.
_
._
do
do
do
do
do
dol. per bu._
do_.
Corn:
Production (crop estimate)
mil. of bu
Grindings, wet process__
_
__thous. of bu_
Receipts, interior primary markets
do
Stocks, domestic, end of month:
Commercial
do
On farms
mil. of bu
Exports, including meal and flour thous. of bu__
Prices, wholesale:
No. 3, yellow (Chicago)
dol. perbu..
Weighted average, 5 markets, all grades
do
Oats:
Production (crop estimate)
mil. o f b u _
Receipts, interior primary markets
thous. of bu__
Stocks, domestic, end of month:
Commercial
do
On farms
do
Exports including oatmeal
do
Price, wholesale, No. 3, white (Chicago) -dol. per bu_.
Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
Receipts, interior primary markets
Disappearance (quarterly total)
Stocks, end of month:
Canada (Canadian wheat)
mil of bu
do
do
thous. of bu_do
do
r
r2
r
r
498
6,394
1.499
1, 206
.727
flour
do
do
11, 860
31, 766
29, 080
6,600
1.248
1.174
1. 224
1.142
1.230
1.172
1. 250
1.185
11, 682
39, 700
i 3, 403
10, 511
53, 974
11,822
46, 017
11, 136
29, 586
107, 362
2,457 5
22, 360
1 12, 728
110, 864
1.148
1.032
1.108
1.005
1.128
1,067
126, 523
98, 210
153, 906
129, 567
123,311
81, 696
98, 507
76, 095
87, 304
52, 665
62, 147
39, 704
54, 245
33, 239
105, 545
35, 592
60,968
33, 836
17, 151
49, 380
5,418
4,111
12, 971
12,600
.647
.654
46, 960
27, 681
65, 842
43, 117
65, 374
38,961
59, 873
43, 130
75, 950
50,793
51,580
39, 423
44, 158
42, 424
42, 469
55, 802
58, 179
58, 335
122, 165
135, 725
62, 275
110,818
17,955
101,820
20, 879
93, 489
14, 122
86, 565
27, 618
126, 704
70, 428
89, 787
485, 373 1,185,118 399, 837
124, 672 171, 798 141, 132
98, 760
104, 282
74, 187
137, 416
836.3
179, 710
.088
651.7
333, 060
.090
509.2
246, 261
.089
394.3
104, 434
.091
443.8
71, 665
.091
376.5
109, 789
.095
256.4
37, 884
.094
472.0
147, 210
.093
989.9
94, 713
.095
1, 064. 4
97, 996
.095
999.6
86, 378
.096
P . 096
306
5,458
1.400
240
4,844
1.412
302
2, 966
1.363
483
2,285
1.240
3,531
2,023
1.292
2,730
6,692
1.246
2,124
7,515
1.281
852
7,684
1.304
524
6,209
1.306
635
5,378
1.330
i 26, 528
544
4,488
1.334
215
3,512
1.284
257
2,938
1.323
28, 823
28, 937
29,679
24, 144
21,462
-302,503
24, 030
25, 472
356, 831
360, 964
368, 482
365, 104
364, 343
48, 485
43, 135
33, 195
45, 839
1, 308
6,196
15,135
853 776
3,031
.646
1
r
25, 221
281, 841
107, 434
65, 777
384, 362
401, 176
396, 776
' 2 908. 7
' 1, 188. 5
United States, domestic, total c?
mil. of bu__
403^457 ~386~873~ 360, 702 "356," 532" 341~690 2 313, 481 "41 I, "584" 437 ,~937
Commercial^
thous of bu
Interior and merchant mills, elevators, and
2
444, 326
558, 750
warehouses
thous. of bu__
r2
59 896
'166 644
On farms
do
Exports total including
\Vheat only
r
14, 995
37, 306
209, 236
10, 366
1
Rice:
Production (crop estimate)
thous of bags 9
California:
Receipts, domestic, rough
thous. of Ib
55,410
Shipments from mills, milled rice
do
39, 331
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of lb__ 91,446
Southern States (Ark., La., Tenn., Tex.):
Receipts, rough, at mills
do
78, 407
144, 810
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
907.0
basis), end of month
mil. of Ib
110,930
Exports
thous of Ib
.085
Price, wholesale, head, clean (N. O.)
dol. per lb__
Rye:
Production (crop estimate)
thous of bu
Receipts, interior primary markets
do
Stocks, commercial, domestic, end of month___do
Price, wholesale, No. 2 (Minneapolis).. .dol. per b u _ _
r
48, 350
42, 207
49, 465
42, 599
50, 674
46, 050
36, 821
32, 798
56, 846
51, 405
32, 262
27, 819
33, 993
29, 222
r
35, 801
254, 417
29,674
26, 913
382,848
379, 043
367, 214
i 947. 1
i 239. 9
i 707. 2
20, 595
228, 391
377, 420
913.0
380, 072
1, 603. 4
1, 377. 4
412, 237 ~417,~052~ ~398,~347" 360, 662 362," 829
714, 403
393, 898
30, 425
25, 845
356," 640 "
652, 586
291, 629
32, 579
27,236
29, 774
24, 097
27, 861
23, 490
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.375
2.365
2.439
2.382
2.390
2.428
2.361
2.435
2.394
2.393
2.416
2.371
2.400
2.438
dol. per bu_.
2.211
2.200
2.182
2.132
2.121
2.201
2.112
2.135
2.302
2.231
2.268
2.338
2.335
2.358
No. 2, hard whiter (Kansas City)
do
2.258
2.278
2.139
2.178
2.108
2.213
2.109
2.057
2.110
2.345
2.298
2.440
No. 2, red winter (St. Louis)
do
2.304
2,285
2.356
2.302
2.301
2.326
2.289
2.221
2.344
2.365
2.401
2.439
2.406
2.417
Weighted avg., 6 markets, all grades
...do
r
1
Revised.
*>
Preliminary.
December1
estimate
of
1957
crop.
2
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.
JRevised beginning January 1954 to reflect data compiled from reports based on 5-day weeks (prior thereto, based on 6-day weeks). Revisions for January 1954 through July 1956 are shown
in the October 1957 SURVEY.
§Excludes a small amount of pearl barley.
9 Bags of 100 Ib.
cf The total includes wheat owned by Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks,
for March, June, September, and December are not strictly comparable with those for other months, largely because of somewhat smaller coverage of the quarterly reports.
SUKVEY OF CUREENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-29
1957
January
February
March
April
May
June
1958
July
January
DecemAugust SeptemOctober November
ber
ber
February
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flour
thous. of sacks (100 Ib.) . 22, 162
93.6
Operations percent of capacity
419, 916
Offal
- short tons
50, 711
Grindings of wheat
thous of bu
Stock held by mills, end of quarter
thous. of sacks (100 lb.)__
2,296
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
6.020
dol. per sack (100 lb.)_
5.770
Winter, hard, short patents (Kansas City) do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous. of animals
Cattle
do
Receipts principal markets
_do
Shipments, feeder, to 9 corn-belt States.. _ _- do.. Prices, wholesale:
Beef steers (Chicago)
dol per 100 Ib
Steers, stocker and feeder (Kansas City)
do
Calves vealers (Chicago)
do
Hogs:
Slaughter (federally inspected)
thous. of animals__
Receipts principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb__
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog_.
Sheep and lambs:
Slaughter (federally inspected)
thous. of animals..
Receipts principal markets
do
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago) _. ... dol. per 100 Ib
Lambs, feeder, good and choice (Omaha)
do
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
mil. of Ib
Stocks (excluding lard), cold storage, end of month &
mil. of lb__
Fxports (including lard)
do
Imports (excluding lard)
do
Beef and veal:
Production, inspected slaughter
_ __ do
Stocks, cold storage, end of month
thous. of lb_.
Exports
-do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb__
Lamb and mutton:
Production inspected slaughter
thous. of Ib
Stocks, cold storage, end of month
_
do
Pork (including lard) , production, inspected slaughter
mil. of Ib
Pork (excluding lard) :
Production, inspected slaughter
_thous. of Ib
Stocks, cold storage, end of month
do
Exports
_ _ _ do
Imports
do
Prices, wholesale:
Hams, smoked composite
dol. per Ib
Fresh loins, 8-12 Ib. average (New York)
do
Lard:
Production inspected slaughter
thous of Ib
Stocks, dry and cold storage, end of month
do
Exports
do
Price wholesale refined (Chicago)
dol per Ib
19, 156
89.1
358, 583
43, 661
19, 679
86.2
367, 929
44 693
18, 940
79 1
360, 570
43 323
19, 383
81 1
365, 727
44 256
18, 144
83 6
347, 039
41 591
18, 868
79 0
365 966
43 319
20, 317
85 2
394 942
46 796
20,584
95 1
399 353
47 311
22,057
88 6
431 000
50 779
19, 565
90 5
381 503
45 015
19, 750
86 9
384 794
45 395
2,637
5,190
2,947
1,985
1,727
4,746
2,335
1,903
2 048
5,189
1,966
2 293
2 437
4,905
1 876
6.020
5. 625
5.950
5.700
5.975
5.790
5.900
5.600
6.025
5.725
6.210
5.800
6.005
5 575
6,010
5 575
6 135
5 585
6.215
5 635
632
613
1.851
2,203
1,488
1,770
1,514
1,836
1,499
1,947
1,665
1,961
1,535
1,860
615
638
1,759
2,312
1,726
2,207
272
475
1,627
2.491
20.94
17.68
25.00
20.28
18.24
27.50
21.36
19.35
26.00
22.61
20.86
27.00
22.85
21.13
25.00
23.07
20.20
25.00
24.76
20.74
22.50
25.45
20.33
24.50
5,655
3,030
4,985
2,622
5,380
2,710
5,000
2, 657
4,884
2,573
3,994
2,245
4,185
2,294
17.52
16.98
17.05
17.52
17.39
18.15
14.1
13.7
14.0
14.4
14.0
15.1
1,333
1,204
1,091
943
1,011
858
1,061
996
1,133
1,013
1,044
914
657
252
201
550
178
142
237
127
535
580
212
205
113
596
160
161
108
742
21,715
91 2
420 749
49 882
r
6.160
5 780
r
1,473
1, 953
1,630
1,894
1,309
v 6. 100
p 5 675
569
598
547
679
1 515
2,158
973
608
24 84
20.11
25 50
24 48
20.18
26 50
25 06
21.41
27 50
25 74
22.68
29 00
26.31
23.02
"30 00
26 65
24.35
4,418
2,326
5,060
2,599
6,094
3 114
5,505
2 780
5,523
2,974
5,531
2,868
4,453
19.39
20.37
19.12
17.16
16.79
17.95
18.71
19.77
15.7
16.3
16.6
15.9
17.0
18.2
19.9
20.6
1,200
1,108
1,111
1,059
1,104
1,308
1,210
1 463
958
930
978
912
940
248
190
1,061
908
23.00
23.33
222
341
502
690
341
144
20.12
18.55
20.00
19.78
23.00
20.97
22.75
21. 75
24.00
21.07
23.00
21.06
23.75
20.60
23. 75
21.14
22.00
21.88
21. 50
21. 05
22.00
21.06
22.62
21.30
23.50
22.53
2,199
1,843
1,932
1,866
1,963
1,721
1,851
1,828
1, 858
2,169
1,920
1,932
2,051
619
93
636
69
631
93
596
66
554
90
485
89
395
58
330
46
305
56
318
65
370
63
403
57
429
27
1,111.7
246, 789
27, 827
11, 588
22
27
902.5
220, 123
11,679
9,939
918.1
194, 214
9,521
11, 003
33
906.1
168, 599
4,623
16, 718
30
999.1
141, 556
3,404
16, 612
24
904.7
123, 321
8,451
11, 043
468
1 801
2 861
1,190
26
1, 019. 8
116, 063
1,637
11, 796
42
1,010.4
120, 414
1,774
30, 730
33
960.7
113, 584
9,699
18, 591
49
37
59
1, 065. 9
118, 864
2,770
33 245
896.1
142, 236
2,483
20 489
884.7
146, 840
4,698
40 708
r
431
998.1
146, 743 126, 039
.371
.365
.376
.395
.406
.410
.430
.448
.438
.422
.436
.447
.461
.469
64, 751
9,715
53, 909
8,987
49,504
8,100
50,604
7,330
52, 639
6,837
46, 700
6,870
53, 385
6,399
49, 725
5,194
49,650
5,745
54 870
5,616
44 053
5,309
46, 843
5,206
52, 305
r
4, 756
4,311
1,022.6
886.9
964.4
909.2
911.3
770.0
777.7
767.4
847. 8
1, 048. 6
979.8
754, 416
293, 332
9,420
13, 061
650, 175
334, 606
8,753
9,428
703, 006
352, 914
6,592
13, 745
661, 271
343, 081
5,420
13, 297
657,319
323, 905
6,414
r
10, 686
559, 379
278, 624
12, 359
10, 805
577, 734
204, 404
5,036
11,121
579, 219
147, 043
4,559
7,040
639, 808
134, 085
3, 864
9,399
788, 160
138, 412
4,269
10 202
730, 191
163 656
5,379
12 402
.516
.450
.519
.446
.506
.438
.521
.452
.516
.477
.532
.505
.543
.512
.561
.525
.522
.516
.480
.473
196, 353
101,098
37,811
.175
172, 767
112,042
36, 380
.173
190, 755
119, 122
61, 940
.168
182, 122
127, 116
43, 783
.138
186, 287
120, 168
65, 696
.153
154 196
107, 113
52, 322
.158
146, 019
101. 808
34, 707
.165
137, 940
76, 600
24, 347
.160
151 801
68, 650
30, 532
189 478
67 717
43 376
182 592
78 918
36 566
51, 969
259, 975
52, 606
219, 988
58, 155
202, 191
50, 582
190, 441
60, 319
185, 138
62, 975
202, 178
68, 397
261, 146
79 337
3^(7, 207
.155
.153
.150
.150
.148
.153
.153
. 148
»• 5, 849
3,093
r 5, 680
4,032
4, 752
2,888
»• 4, 569
' 1, 840
' 4, 418
1,350
rr 4, 602
1, 190
932
1,208
107, 568
1,719
140, 456
1,812
166, 942
1,507
176, 721
1,174
164, 728
895
78, 436
552
302
209
147, 430
124, 272
99, 230
74, 505
r
1. 71
* 63, 766
59, 678
.304
.318
.290
.299
.361
.408
.460
.523
.444
.414
.355
.382
100, 651
168
479
158
490
1, 000. 8 1, 000. 2
742, 467
193, 981
5,938
11,844
736, 659
218, 449
233, 000
. 580
.469
P. 560
.496
.507
189 287
101, 205
33, 321
193 392
101, 087
r
r
150
148
P 145
87 423
362, 059
78, 059
316, 455
52, 697
301, 982
254,805
5,251
1,695
4,753
POULTRY AND EGGS
Poultry:
53, 211
45, 378
Receipts, 5 markets
_
_ _ thous. of Ib
330, 135 292, 033
Stocks, cold storage (frozen), end of month
do
Price, wholesale, live fowls, heavy type, No. 1
.148
.150
(Chicago)
_
dol. per Ib
"Eggs:
Production, farm
millions. _ ' 5, 320 r 4, 983
2,249
2,246
Dried egg production
thous. of Ib
Stocks, cold storage, end of month:
328
519
Shell
-thous. of cases
65, 643
Frozen
thous. of lb_- 74, 848
Price, wholesale, extras, large (Chicago)
.308
.322
dol. per doz.-
f
f
5, 615
4, 277
r
5, 000
3,835
r
. 148
"•4,606
r
954
. 155
' 5, 054
673
105
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales
thous. of doL.
Cocoa (cacao) beans:
Imports (incl shells)
long tons
Price, wholesale, Accra (New York).. __dol. per lb_.
96, 970
91, 338
90, 912
84, 372
68, 374
62,783
59,996
74, 812
117, 739
126, 988
117,193
105, 970
37, 610
.231
15, 681
.234
27, 722
.223
16, 997
.255
15 053
.253
24 757
.305
21, 710
.305
7,686
.321
7 901
.346
9 826
.354
10 272
.427
32 949
'.399
p. 415
Revised.
p Preliminary.
c^Prior to 1957, figures include data for sausage and sausage-room products and edible offal; figure for December 1956 comparable with those beginning 1957, which exclude such items, is
606,490,000 Ib.
r
SUEVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1957
January
February
March
May
April
June
1958
DecemAugust SeptemOctober November
ber
ber
July
January
February
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee:
1,671
Clearances from Brazil, total
thous. of bagscf1-.
1,201
To United States
do
988
Visible supply, United States
do _ _ _
2,020
Imports _ _
-_
_ _ _ _
_ _ _ _
do
Price, wholesale, Santos, No. 4 (New York)
.610
dol. per lb._
Fish:
Stocks, cold storage, end of month _ . thous. of Ib . 168, 596
Sugar:
Cuban stocks, raw, end of month
563
thous. of Spanish tons__
United States:
Deliveries and supply (raw basis) :
Production and receipts:
115,426
Production
short tons
519, 988
Entries from off-shore, total
- - _do__
50, 532
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:
R a w sugar, total 9 . _ _ _ _ _ _ _ _ _ _ _ . d o _ _ _
From Cuba
do
From Philippine Islands
_ __
do _ Refined sucar, 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 l b _ _
TOBACCO
Leaf:
Production (crop estimate) _
_
mil. o f l b
Stocks, dealers' and manufacturers', end of quarter,
total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports including scrap and stems
thous of Ib
Imports including scrap and stems
do
Manufactured products:
Production manufactured tobacco total
do
Chewing, plug, and twist
_
do _
Smoking
do
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-free
millions
Tax-paid
do
Cigars (large) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
thous of Ib
Exports, cigarettes
millions
Price, cigarettes (regular), manufacturer to wholesaler and jobber, f. o. b. destination
dol per thous
1,048
927
512
1,832
1, 034
1,545
935
529
989
794
413
954
1,025
1,181
2,405
1, 485
1,194
.609
.599
.593
. 593
.583
145, 404
122, 414
117, 976
128, 320
1,640
2,890
3,790
53, 164
453. 611
93, 376
31, 142
565, 977
157, 876
590, 353
585, 089
5,264
538, 498
536, 683
1,815
1,826
564
350, 622
231,559
119, 041
45, 080
36, 724
1,288
1,609
1 115
1, 125
741
435
1, 102
1,250
1,579
1,445
1,005
1,247
.565
.545
.533
145, 882
168, 485
189, 195
203, 122
204, 960
203, 386
191, 008
156, 695
3,615
3,010
2,445
1,945
1,620
1,370
862
663
636
23, 279
630, 053
208, 242
28, 766
624, 323
233, 502
50, 246
546, 450
172, 764
37, 006
694, 255
232, 497
51, 685
653, 440
245, 582
138, 695
533, 398
141 310
589 229
472, 464
193 831
726, 744
411, 510
147 394
617,197
112, 725
72, 334
491,963
20 627
638, 888
636, 437
2,451
687, 686
684, 978
2, 708
772, 035
770, 381
1,654
923, 739
911, 362
2,377
878, 655
874, 797
3,858
833, 099
829, 565
3 534
782, 327
779, 501
2,826
711 151
708, 582
2 569
627, 447
623, 570
3,877
786, 372
782, 586
3,786
575, 451
1,809
1,205
1,813
1.757
1,619
1,328
1,180
985
1,000
2,239
823
355
1,213
1, 199
1,757
' 1, 877
1,943
310, 708
214, 601
96, 108
36, 012
31, 080
351, 330
218, 573
127, 280
64, 532
59, 880
330, 570
227, 221
103, 349
50, 560
45, 033
349, 997
235, 482
105, 275
40, 631
37, 072
336, 130
250, 587
80, 717
33, 127
25, 051
377, 358
285, 931
70, 693
48, 604
43, 918
315,157
219, 754
66, 836
49 376
41, 029
314, 463
266, 466
40, 117
20 508
8,270
302, 381
246, 465
33, 394
15, 632
4,185
201, 698
179, 885
5,871
1,262
175, 430
103, 748
54, 929
5,320
2,830
883
679
853
604
428
544
584
606
954
686
596
927
1, 330
825
794
1,684
. 540
737
922
980
2,132
2, 338
'.553
' . 553
403
0
r
523
1,044
•-.553
.065
.061
.062
.061
.064
.066
.066
.062
.062
.062
.061
.061
•P . 062
.522
.089
8,197
.526
.089
7,417
.525
.089
10, 402
.526
i .084
9,981
.527
1
. 084
10, 653
.527
i .084
8, 525
.532
1
. 085
8, 437
.534
i.OSS
8,202
.536
1
.084
7,396
.536
i 084
7,936
.537
1
.084
6,393
.538
1.084
8,689
. 539
v i 084
2 1, 680
5 213
4 846
4 918
348
332
298
278
4,666
4,281
4,403
4,631
24
175
24
209
5 149
26
190
25
215
30, 389
10, 077
27, 066
10, 298
32, 432
9,662
30, 506
10, 701
29, 453
11, 227
39, 902
9,215
28, 447
11,715
40, 988
9 383
77, 042
11,837
74, 386
11,030
47, 625
9 454
42, 718
9 219
15, 917
6,539
6,031
3,347
13, 268
5,510
4,858
2,900
14, 345
5,935
5,399
3,011
14, 927
6,058
5, 763
3,107
15, 773
6,522
6,088
3,163
15, 104
6,133
5,683
3,288
13, 608
5,846
5,499
2,264
16, 584
6,592
6, 785
3,207
15 674
6,128
6,564
2,982
17, 519
6,696
7, 514
3,309
13 951
5,492
5,665
2,794
12 386
4,943
4,595
2,848
15, 203
6, 075
6,027
3, 102
2,714
35, 982
437, 127
2,463
31, 688
391, 193
2,267
33, 222
421, 950
2,721
32, 059
470, 129
2,482
38, 151
565, 237
3,297
34, 189
449, 722
2,979
35, 248
478, 149
2,763
38, 013
525, 171
2 819
34, 684
500 346
2,646
38, 248
562 622
2,575
31, 545
574 369
3,092
26, 406
383, 665
3,014
35, 843
444 127
15, 472
1,171
12, 997
1,337
14, 118
1,326
14, 493
1,306
15, 444
1,398
14, 506
1,491
13, 747
1,588
16, 619
1, 524
15 272
1,353
16, 847
1,220
13, 725
1,568
12, 228
1,720
14, 961
3 938
3.938
3 938
3.938
3 938
3.938
4.281
4.281
4 281
4281
4 281
4.281
f 4 281
10 917
9,968
93
15
9,596
7,088
9,128
46
20
1 610
2,058
1,644
1,246
1,371
1,074
2,140
.450
.450
.438
'.425
.093
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports total hides and skins 9
thous of Ib
Calf and kip skins
thous of pieces
Cattle hides
do
Goat and kid skins
do
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins packer heavy 9^/15 Ib
dol per Ib
Hides steer heavy na.tive over 53 Ib
do
LEATHER
Production:
Calf and whole kip
thous of skins
Cattle hide and side kip
thous of hides and kips
Goat and kid
thous of skins
Sheep and lamb
do
Exports:
Sole leather:
Bends backs and sides
thous of Ib
Offal including welting and belting offal
do
Upper leather
thous of sq ft
Prices, wholesale:
Sole bends light f o b tannery
dol per Ib
Upp'er, chrome calf, B and C grades, f. o. b. tannery
dol. per sq. ft_T
10, 508
8,497
2 205
1,437
.438
103
14
103
872
2 254
2,064
2,065
54
35
2 923
15, 308
12, 039
1,010
2, 189
2 291
3,220
1,737
3,245
.463
.090
.463
.513
165
13
844
2,164
1,892
2,225
53
65
2,644
97
2
095
132
1
095
9,895
6,702
1 607
2,784
1 821
2,065
1 361
710
1 494
4 417
.513
.550
.488
.450
11 047
92
10
108
116
23
118
159
10
133
813
744
800
732
546
2 164
1,951
2,359
2, 118
1,959
2,369
2,168
2,005
2,453
2,130
1,814
2,148
1,887
1,774
1,722
124
20
3,840
66
8
37
36
88
36
35
12
2,831
3, 126
2,913
2,148
138
818
2, 262
1,785
2,189
87
87
3,137
686
2 029
1,704
1,975
108
32
3 245
118
786
2,316
2,095
2,041
85
25
3,443
62
13
103
735
23
724
786
785
2,060
1,600
1,925
1,955
1,659
1,737
P .425
J» 096
61
13
2,802
625
.610
610
.595
595
.615
.625
.625
.630
.630
.630
.620
p .620
1.112
1.118
1.145
1.158
1.180
1.185
1.208
1.175
1. 165
1. 158
1.158
' 1. 145
p 1. 145
Revised.
*> Preliminary.
2 December 1 estimate of 1957 crop.
i Beginning April 1957, data exclude excise tax; earlier data include excise tax ($0.005 per Ib.).
9 Includes data not shown separately.
cf Bags of 132 Ib.
§ Data represent price for New York and Northeastern New Jersey.
123
214
23
.540
SUKVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-31
1957
January
February
March
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: 9
Production, total
_thous. of pairs__ 51, 465
Shoes, sandals, and play shoes, except athletic,
47, 574
total
thous of pairs
By kinds:
Men's
do_ . 9,198
1,980
Youths' and boys'
do
25, 429
Women's
do _
7,409
Misses' and children's
do
3,558
Infant^' 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 uppsr,
Goodvear welt
1947-49=100
Women's oxfords, elk side upper, Goodyear
welt
1947-49-100
Women's pumps low-medium quality
do
51, 250
54, 925
52, 697
49, 339
45, 226
46, 016
54, 968
48, 800
51, 091
43, 815
44, 019
53, 441
46, 172
49, 045
46, 798
43 029
38 964
40 087
46 486
40 571
42 026
35 980
39 555
49 131
8,858
1,813
25, 078
6,986
3,437
9,755
1,993
26, 799
6,809
3,689
9,493
2, 166
25, 537
6,178
3,424
8,964
2 004
23, 157
5 712
3,192
8,194
1 963
20, 771
5 437
2,599
7,481
2 113
22, 412
5 451
2 630
8 844
2 433
25 701
6 440
3' 068
8
2
21
5
2
497
151
095
937
891
8 794
2 071
21 661
6 273
3 227
7 849
1 674
17' 801
5' 768
2 888
8 484
1 882
20 059
6 123
3 007
9, 335
2 090
26 632
7 520
3 554
2,715
504
672
225
4,129
490
459
272
4,759
571
550
421
4,892
479
528
385
5,280
502
528
274
5,075
533
654
213
4,982
409
538
231
7 416
501
565
317
7 466
484
279
368
7 913
496
656
352
6 774
486
575
312
3 435
4*5
584
3,496
348
466
124.1
124 1
124 1
124 1
124 1
124 1
124 4
124 4
124 4
124 4
124 4
124 4
v 124 4
131.3
117.8
131 3
117.8
131 3
117.8
131 3
118.9
131 3
US. 9
131 3
118 9
131 3
118 9
131 3
118 9
131 3
118 9
136 2
118 9
136 2
118 9
136 2
118 9
* 136 2
v 119. 5
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES %
National Lumber Manufacturers Association:
Production total
mil bd ft
Hardwoods
do
Softwoods
do
2. 635
529
2,106
2,607
539
2,068
2,842
522
2, 320
2,941
472
2,469
3, 055
461
2,594
2 884
463
2 421
2 728
470
2 258
3 107
545
2 562
2 883
529
2 354
3 024
518
2 506
2 493
458
2 035
2 192
391
1 801
2 476
438
2 038
do
do
_.do
2,543
479
2,064
2,488
504
1,984
2,795
497
2,298
3,027
483
2,544
3, 140
481
2,659
2,967
476
2,491
2 813
429
2,384
3 147
524
2,623
2 866
525
2 341
3 091
548
2 543
2 473
509
1 964
2 259
479
1 780
2 464
490
1 974
do
do
9 871
3,710
6,161
9 990
3,745
6,245
10 037
3,770
6,267
9 952
3, 759
6, 193
9 867
3,739
6, 128
9 782
3, 726
6 056
9 696
3,767
5 929
9 655
3 788
5 867
q 572
3 792
5 880
9 611
3 762
5 849
9 602
3 710
») §92
9 538
3 622
5 916
9 557
3 570
5 987
Exports, total sawmill products
__
Imports total sawmill products
.. _ M b d . ft_. 57, 608
175, 509
do
66, 281
206, 698
80, 365
250, 060
66, 776
241, 941
83, 948
241, 931
67, 790
257, 755
76, 729
293, 852
80 875
264 043
70 607
267 167
64 426
292 977
54 838
231 223
56 600
241 873
SOFTWOODS t
Douglas fir:
Orders, new
___
Orders, unfilled, end of month.
Production
_ __
Shipments
_ .
Stocks (gross), mill, end of month
mil. bd. ft _
_. ... do. _..
do_ __
do _.
do
631
586
670
653
1,073
614
584
671
616
1,128
727
635
737
676
1,189
780
628
765
787
1,168
857
675
789
810
1,147
705
617
696
763
1,080
679
620
620
676
1,024
644
546
704
717
1,011
614
516
646
643
1,013
663
468
687
711
995
578
472
598
574
993
554
476
523
550
966
Exports, total sawmill products
M b d . f t . 22, 775
12, 858
Sawed timber
___ _.
do _
9,917
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
dol. per M bd. ft_. 81. 989
Flooring, C and better, F. G., 1" x 4", R. L.
dol. per M bd. ft.- 131. 320
Southern pine:
594
Orders, new
- ... .mil. bd. ft.
Orders, unfilled, end of month
- do... ..
178
674
Production...
.. _
do. _ _
574
Shipments
do _
Stocks (gross), mill and concentration yards, end of
2,071
month
mil. bd. ft _
6,851
Exports, total sawmill products
Mbd. ft_.
1,203
Sawed timber
do
5, 648
Boards, planks, scantlings, etc
.. do
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x G", R. L.
dol. per M bd. ft__ 80. 465
Flooring, B and better, F. G., 1" x 4", S. L.
del. per M bd. ft.. 152. 133
Western pine:
Orders, new
_ _
mil. bd. ft_.
558
Orders, unfilled, end of month
do
375
Production
... _ _
do ...
467
Shipments
do .
548
Stocks, moss, mill, end of month
....
do .
2,024
Price, wholesale, Ponderosa, boards, No. 3 common,
72. 520
1" x 8"
dol per M bd. ft
35, 040
19, 437
15,603
33, 831
19, 692
14, 139
31, 370
20, 426
10, 944
32. 948
21,403
11, 545
30, 942
16,674
14, 268
27, 416
13, 142
14, 274
26, 588
9 560
17, 028
53, 687
36 863
16, 824
24, 977
10 848
14 129
22, 234
9 859
12 375
26, 798
13 785
13, 013
shipments
total
Hard woods
Softwoods
-
Hardwoods
Softwoods
632
506
659
601
1,029
80. 905
80. 170
80. 893
80. 164
80. 176
80. 770
80.299
78. 853
78. 614
131. 308
129. 746
128. 288
126. 500
126. 151
126. 151
125. 538
123.039
122. 071
557
180
570
555
634
166
616
648
674
191
633
649
699
193
663
697
659
218
613
634
668
219
640
667
689
206
660
702
642
203
622
645
688
186
687
705
503
140
558
549
467
144
530
463
573
148
623
569
2,086
7,505
1,451
6.054
2,054
9.240
2,217
7,023
2,038
8, 283
1,946
6,337
2,004
7,788
1,017
6, 771
1.983
8,742
1 382
7,360
1 956
9,008
1 489
7, 519
1 914
6,600
1 631
4*969
1 891
7,152
1 504
5 648
1 873
7,398
1 583
5 815
1 882
5,' 921
830
5,091
1 949
7,085
743
6,342
2 003
77. 414
' 75. 607 p 75. 932
120. 614 ••119.511 » 118. 292
r
78. 395
78. 135
77. 785
77. 792
77. 183
77. 272
76. 759
76. 308
76. 490
148. 779
148. 473
147. 821
146, 412
145. 800
146. 794
145. 224
145.224
144. 979
528
394
503
509
2,018
648
451
577
591
2,004
680
430
676
701
1,979
725
433
715
722
1,972
676
430
707
679
1,998
683
439
656
674
1,979
687
381
782
775
1 986
643
391
701
664
2 023
709
375
728
725
2 026
460
320
544
515
2 052
563
360
496
523
2 028
545
384
466
521
1 974
73. 380
73. 380
74 190
74 610
74 120
72 370
70 500
68 810
67 690
66 900
T QQ 870
P 6(3 870
4 000
13 850
4 200
3 750
9 550
3 750
13 950
3 450
3 700
9 300
4 050
14 300
3 225
3 725
8 °50
4 200
14 950
3' 150
3 800
8* 350
5
14
4
4
8
3 350
15 300
3 850
3 000
8 850
3 650
13 950
4 200
3 750
9 350
3 225
13 500
3' 500
3 275
9 475
2 350
12 800
3 450
2 850
10 050
3 625
13 200
3 650
3 350
10 250
68 168
52 102
74 897
74 478
103! 134
69 516
47 896
73 581
73 722
101, 770
79 633
38 815
81 570
84 222
95. 291
63 549
35 063
67 745
67 301
93. 293
52 671
34' 277
59 611
55' 926
96. 978
67 600
37 864
69 384
64 013
lOo! 122
76. 921
77. 101 v 76. 893
144.979 r 143. 999 p 143. 567
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new. .
M bd. ft_.
4. 250
3,475
3, 950
Orders, unfilled, end of month
do ... 13, 750
14 025
14 150
Production
_.
do-_
4, 300
3,700
3. 750
Shipments
do .
3 850
3 150
3 350
Stocks (gross), mill, end of month.
.do
8,100
8,650
9, 150
Oak:
Orders, new
_.
do _
80, 671
73, 683
92, 442
Orders, unfilled, end of month
do
33, 573
37, 624
50, 514
Production..
. .
_
_ _ do
87,010
74, 467
72 561
77 471
Shipments
do
69 632
78 490
Stocks (gross), mill, end of month
___do
115, 094 119. 929 111,676
T
Revised.
» Preliminary.
9 Revisions for production for January 1955-July 1956 will be shown later.
88 280
57, 087
77 730
81 707
106, 162
tRevisions for January 1954-July 1956 are shown on p. 24 of the November 1957 SURVEY.
86
55
83
84
103,
019
680
610
113
814
150
250
100
700
050
77 597
44 113
81 533
81 380
101, 923
70
41
74
75
100,
080
516
516
681
758
February
SURvEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1958
1957
January
February
March
April
May
June
July
Novem- DecemOctober
August September
ber
ber
January
February
497, 092
457, 023
LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :t
Shipments (market), quarterly total
M sq ft surface measure
Inventories (for sale) end of quarter
do
Softwood (Douglas fir only), production
M sq. ft., %" equivalent.. 439, 595
196 022
39, 232
405, 013
404, 061
191 879
37, 276
473, 105
505, 074
466, 993
193 176
34, 152
412, 559
467, 882
450, 513
512, 401
440,025
435, 850
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, total J
thous of short tons
Scrap _ .
_ do
Imports, totalj
do
Scrap
._ _
.do
1,023
547
214
21
1,028
620
184
20
1,426
800
188
11
1,314
668
180
8
1,284
672
188
15
1,211
502
162
16
1,163
491
216
18
1,117
575
198
23
1,046
587
121
16
1,037
574
175
24
1,049
621
127
19
713
323
159
13
7,320
4,070
3,251
7,427
7,312
6,741
3,744
2,997
6,763
7,306
7,110
3,959
3,151
7,049
7,361
6,524
3,764
2,759
6,514
7,376
6, 376
3.849
2,526
6,444
7,307
6,086
3,628
2,458
6,082
7,309
6,040
3,489
2,551
5,485
7,866
6,463
3,743
2,720
5,935
8,393
6,140
3,576
2,564
5,638
8,895
6,190
3,792
2,398
5,974
9,112
5,291
3,350
1,941
5,442
8,968
4,779
3,009
1,770
4,795
8,949
3,841
1,901
7,649
3,560
1,817
9,398
3,717
1,855
11, 254
6,677
5,581
12, 390
12, 587
13, 393
11, 543
14, 440
16, 074
9, 914
14, 303
15, 886
8,322
14, 370
15, 187
7,504
12, 933
13, 516
6,921
11, 337
12,834
5,425
4,974
5,348
4,838
3,258
1,559
6,536
0
7,892
37, 484
33, 580
3,905
0
7,099
30, 110
26, 817
3,293
0
7,602
21, 941
19, 672
2,270
3,987
7,158
17, 167
15, 170
1,996
12, 728
7,375
22, 712
20,266
2,446
13, 597
6,931
29, 570
26, 823
2,747
14, 212
7,157
37, 148
33, 975
3,173
13, 172
7,039
43, 951
40, 380
3,571
11, 828
6,792
49,464
45, 323
4,141
11,005
6,538
54, 844
50, 174
4,669
4,066
5, 741
54, 532
49, 894
4,638
19
4,989
49,668
45, 300
4,368
1,692
95
1,359
89
1,458
90
1,801
90
3,187
88
3,626
108
4,403
98
3,933
95
3,858
56
3,862
89
2,590
95
1,956
76
905
1,213
642
931
1,103
582
935
1,133
604
899
1,120
611
880
1,112
625
853
1,058
599
880
954
523
826
1,076
597
805
990
563
740
1,100
601
705
940
483
676
••864
444
93, 886
85, 977
51, 508
90, 725
78, 028
46, 729
89, 431
78, 013
48,311
83, 116
80, 271
51, 320
79, 787
76, 504
46, 277
76, 331
72, 556
44,639
80, 694
57, 748
34, 876
84, 876
65, 426
39,644
83, 385
62, 457
38, 397
82, 995
77, 667
45, 989
80, 074
67, 904
38, 085
74, 863
' 60, 425
34, 343
7,282
7,260
6,658
6,563
7,247
6,894
6,871
6,559
6,945
6,567
6,660
6,353
6,692
6,226
6,782
6,462
6,628
6,322
6,519
6,350
5,780
5,683
5,279
' 5, 114
4,854
P 4, 713
2,268
2,241
2,439
2,524
2,711
2,791
3,224
3,457
3,632
3,707
3,695
'3,817
P 3, 826
62.45
62. 50
63.00
62.45
62.50
63.00
63.84
64.50
65.00
64. 05
64.50
65.00
64.05
64.50
65.00
64.05
64.50
65.00
65.23
64.50
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65. 95
66.00
66.50
65.95
66. 00
66.50
65.95
P66.00
p 66. 50
154, 932
121, 667
27, 181
160,054
124, 416
29,968
162, 498
124, 549
29, 708
164, 575
125, 431
32, 840
153, 647
119, 353
31, 338
122, 018
90, 037
22, 803
145,926
111, 080
33,641
139, 002
105,611
29, 718
532.9
135.0
102.2
32.8
517.0
145.8
107.9
37.9
496.9
139.0
103.4
35.6
479.2
135.3
100.8
34.5
445.1
128.5
92.9
35.5
430.7
104.1
79.1
25.0
417.5
115.4
88.4
27.0
396.9
116.9
86.3
30.6
400.6
125.6
93.6
31.9
* 364. 5
104.8
••79.3
'25.4
9,987
98
10, 589
93
9,815
90
9,792
86
9,391
86
8,909
79
9,234
82
8,978
82
9,198
81
8,393
77
7,420
66
Iron and Steel Scrap
Production and receipts, total thous. of short
Home scrap produced
Purchased scrap received (net) _ __ _ _ _
Consumption, total
Stocks, consumers', end of month _ _ _ _ _ _ _ _
tons
do. _.
do
do
do
P
P
P
p
p
4, 516
2, 944
1, 571
4, 561
8, 906
Ore
Iron ore:
All districts:
Mine production
thous of long tons
Shipments _ _ . _
_ _ _ _ d o
Stocks, at mines, end of month
do
Lake Superior district (U. S. and Canadian ores) :
Shipments from upper lake ports
do
Consumption by furnaces
_
do
Stocks, end of month, total
do ._
At furnaces ..
_
do
On Lake Erie docks
__ do .
Imports
Manganese ore, imports (manganese content)
do _
do
0
4,780
44, 688
40, 703
3,986
Pig Iron and Iron Manufactures
Castings, gray iron:
Orders, unfilled, for sale, end of month
thous. of short tons
Shipments, total
__ _ . .
do _
For sale
_
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo
short tons
Shipments, total
do ._
For sale
do
Pig iron:
Production
__
thous. of short tons
Consumption
do __
Stocks (consumers' and suppliers'), end of month
thous. of short tons..
Prices, wholesale:
Composite
dol per long ton
Basic (furnace)
do
Foundry, No. 2, Northern
do _ _
65.95
Steel, Crude and Semimanufactures
Steel castings:
169, 240
Shipments, total
short tons
For sale, total.. __ _ __
do
133, 826
30, 090
Railway specialties
do
Steel forgings (for sale) :
536.9
Orders, unfilled, end of mo
thous. of short tons
147.7
Shipments, total
. . . do
Drop and upset
do
113.0
Press and open hammer
do ._
34.7
Steel ingots and steel for castings:
Production
do
11, 009
97
Percent of capacity d*
Prices, wholesale:
.0629
Composite, finished steel
_
dol. per lb__
Steel billets, rerolling, carbon, f. o. b. mill
84.00
dol. per short ton..
Structural shapes (carbon), f. o. b. mill.. dol. per lb_.
.0553
Steel scrap, No. 1, heavy melting (Pittsburgh)
62.50
dol. per long ton..
146, 397 127, 115 '120, 787
113,216 ' 98, 436 92, 125
26, 892
23, 403
31, 477
' 342. 8
' 98.5
73.5
'25.1
318.0
107.8
81.5
26.3
' 6, 754 p 5, 788
p54
'57
.0632
.0633
.0633
.0635
.0635
.0677
.0677
.0677
.0677
.0677
.0677
.0677
89.00
.0567
89.00
.0567
89.00
.0567
89.00
.0567
89.00
.0567
92.50
.0594
92.50
.0594
92.50
.0594
92.50
.0594
92.50
.0594
92.50
.0594
v 92. 50
P . 0594
53.50
50.50
41.50
44.50
56.50
55.50
55.50
49.50
38.50
32.50
31.50
P 32. 50
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale) :
Orders, unfilled, end of month
thousands..
2,326
2,511
2,444
2,351
2,109
2,346
2,285
2,156
2,044
2,002
1,735
1,787
Shipments _ __ _
do
2,166
2,179
2,160
2,124
2,052
2,207
2,050
2,050
1,840
1,573
2,065
1,698
Stocks, end of month
do
77
77
86
79
69
68
78
71
72
80
70
61
Cans, metal, shipments (in terms of steel consumed),
total for sale and own use
short tons.. ' 314,689 280, 395 323, 791 506, 425 338, 575 360, 530 452, 994 546,228 495, 903 405, 850 285, 436 292, 210 323. 660
r 183,540 161, 659 178, 913 335, 566 175, 847 203, 957 271, 056 369, 117 346, 941 259, 730 169, 411 168, 614 190, 949
Food
do
Nonfood
__ _ _ __ _ _
. do _ ' 131,149 118, 736 144, 878 170, 859 162, 728 156, 573 181, 938 177,111 148, 962 146, 120 116. 025 123,596 132, 711
Shipments for sale
do
' 262,952 234, 194 267, 700 446, 336 280, 919 308, 197 404, 235 488,184 430, 371 348, 333 242, 053 248, 644 269, 271
Closures (for glass containers), production
millions __ ' 1, 400
1,443
1,393
1,382
1,251
1,465
1,371
1,571
1,476
1,578
1,366
1,316
1,528
Crowns, production
...thousand gross.. 22,724
29,712
24, 091
28,713
29,068
27,684
28,791
31, 041
31, 914
25, 386
18, 533
19,990
33, 992
r
Revised.
*> Preliminary.
I Revisions for the indicated series are available upon request as follows: Plywood, 3d quarter 1953-3d quarter 1956; iron and steel exports and imports, January-July 1956.
cf For 1958, percent of capacity is calculated on annual capacity as of Jan. 1,1958, of 140,742,570 tons of steel; for 1957, data are based on capacity as of Jan. 1, 1957 (133,459,150 tons).
.0677
SURVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-33
1958
1957
January
February
March
May
April
June
Novem- DecemAugust SeptemOctober
ber
ber
ber
July
January
February
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments:
Total (all grades)
thous. of short tons
Semifinished products _
__
___do
Structural shapes (heavy), steel piling
do
Plates _
_
do
Rails and accessories
Bars and tool steel, total
Bars: Hot rolled (incl. light shapes)
Reinforcing
Cold
finishedPipe and tubing
Wire and wire products
. - __
Tin mill products
Sheets and strip (incl. electrical), total
Sheets' Hotrolled
Coldrolled
Fabricated structural steel:
Orders new (net)f
Shipmentsf- __
Backlog end of month
7,809
380
573
777
7 067
360
583
763
7 822
437
668
881
7,350
358
631
876
6 972
403
659
918
7 285
491
630
870
5 877
273
634
792
6 230
272
636
732
6 172
261
597
778
6 551
263
641
764
5 606
242
589
462
5 093
213
548
636
5 215
206
484
524
do
do
do -..
do
...do ...
224
1,180
802
224
144
208
1 085
713
235
127
232
1 145
768
240
128
232
1,030
687
216
118
242
1 005
692
188
114
226
1 046
689
233
116
192
752
489
172
84
174
862
569
188
97
90
836
545
182
101
143
896
617
163
110
133
783
538
142
96
100
645
455
100
84
109
682
468
118
89
do
do
_do_ . .
_ do
do
do
1,039
314
649
2,674
847
1,232
905
287
529
2,347
731
1,083
1 034
312
809
2,302
753
1,026
974
304
875
2,070
680
907
1 020
327
350
2,049
656
895
998
388
391
2,244
716
984
859
218
460
1 698
531
791
914
250
494
1 895
550
900
860
250
417
2 Oil
579
979
889
264
370
2 319
651
1 147
736
227
321
2 113
616
1 025
653
195
271
1,831
521
911
615
234
559
1,801
511
873
r
141
••320
2, 959
162
317
2 778
140, 036
139 910
24, 886
1,767
.2810
.2810
thous. of short tons
do
do
r
320
r
r
NONFERROUS METALS AND PRODUCTS
Aluminum:
147, 029
Production primary domestic
short tons
33, 520
Estimated recovery from scrap© ..
- do
Imports (general):
19, 885
Metal and alloys, crude
_ do
1,252
Plates, sheets, etc
-do _ _
.2710
Price, primary ingot, 99%+
dol. per lb__
Aluminum shipments:
330.4
Mill products and pig and ingot (net)
mil. of Ib
234.8
Mill products total
do
126.0
Plate and sheet
_
do _
73.0
CastingsA
-.
do
Copper:
Production:
M ine , recoverable copper A ..
short tons ' 93, 095
137, 362
Refinery primary
do
98, 401
From domestic ores
._
do
38, 961
From foreign ores
do
Secondary, recovered as refined
do_ .. 20,492
Imports (general):
Refined unrefined, scrap©
Refined
- ..
_.
Exports:
Refined, scrap, brass and bronze ingots
Refined
.
do
do...
do
do
r
294
r
290
4, 194
r
r
r
r
319
r
Z\§
4, 262
r
342
4 245
r
T
r
404
362
4, 192
r
331
377
4 172
r 247
p
r
r 213
385
4 134
342
r 3 907
184
384
r 3 707
'339
r 3 521
r
r
r
r 221
r Igl
r
385
r 3 322
119,059
30, 471
135, 706
32, 948
139, 152
30, 674
145, 174
32, 886
138 007
30, 341
142 041
31 976
143 449
32 555
129 278
32 978
17, 577
1,490
.2710
23, 068
1,774
.2710
21, 832
1,364
.2710
20,001
1,420
.2710
21, 222
1,312
.2710
15, 768
1,545
.2710
14, 183
1,817
.2810
11 803
1,775
.2810
14 076
2,279
.2810
306.5
206 4
109.8
69.5
343.9
229 8
120.1
74 5
338.9
238 2
126.8
68.3
342.8
249 0
130.0
65 1
320.8
227 4
117. 1
58 5
370
249
130
52
298.9
223 8
117.8
55 7
302 3
215 5
111 3
58 7
318
230
121
64
95, 151
128 046
92, 103
35 943
19, 372
r 94, 416
130, 943
92, 532
38, 411
20, 178
r
90, 181
114, 263
83,239
31, 024
19, 821
r
r
93, 109
133, 062
98, 958
34, 104
22, 661
r
0
0
6
2
90, 132
115 660
88, 091
27, 569
19, 999
' 84, 614
109 296
83, 275
26 021
15 883
r
86 876
109 791
80, 754
29 037
16, 932
r
85
100
74
25
14
505
265
395
870
897
r 218
r
334
r 3 233
133 759 135 024
' 34 869 32 030
87
115
78
36
18
6
9
7
1
753
234
296
938
654
17 857
1 764
.2810
r
292.4
177.9
90.0
53.1
268.8
193 4
102.0
981
951
063
888
940
88, 109
132, 303
94, 389
37, 914
15, 624
90 782
123 862
88 487
35 375
16, 758
280 1
r 186 5
95 3
58 9
87
127
86
41
17
r
58, 502
13, 496
43, 088
14, 190
55, 338
16, 155
58, 292
11,815
48, 377
19, 687
40, 963
9,416
53, 594
14, 386
47, 899
10, 212
42 390
10, 486
54 741
12, 431
46 651
18 427
47, 720
11, 206
43, 298
30, 124
40, 981
29, 769
57, 151
41, 376
50, 077
32, 315
44, 775
28, 479
47, 268
31, 954
34, 519
24 420
28, 135
23, 435
29, 965
27 057
25, 103
20 076
35 689
30 897
28, 421
26, 123
30, 105
29 338
Consumption, refined (by mills, etc.)
do _ _ 132, 754 112,335 1 16, 700 123, 973 122, 386 116, 567
80, 757 113, 180 108 864 r 128,064 r 108 395 r 102,425 pl06 284
Stocks, refined, end of month, total
do ... 228, 268 237, 583 249, 583 243, 202 265, 432 273, 863 305, 763 309, 564 293, 540 rr 269,700 r 279 398 rr 288,360 p301, 957
112, 696 101, 822 110, 196 106, 576 113, 586 109, 979 120, 636 120, 901 123 942 109,439 r 123 730 124,610 ^132 289
Fabricators'
do
.2632
. 3553
.3152
.3145
.3258
Price, bars, electrolytic (N. Y.)
dol. per lb._
.2644
.3033
.3129
.2869
.2810
.2634
.2511
.2634
Copper-base mill and foundry products, shipments
(quarterly) :
474
506
Brass mill products.
__ .
mil. oflb..
450
517
373
409
409
Copper wire mill products©
do
366
229
235
213
Brass and bronze foundry products.
do
211
Lead:
Production:
r
r
r
30, 091 ' 27, 271 »• 27, 231
Mine, recoverable IcadA
-short tons._ ' 30, 166 ' 28, 987 ' 30, 867 31, 658
28 414
27, 718 r 24 902
25 868
23 308 •• 22, 880
38, 283
30, 741
36,750
37, 570
38, 483
32, 672
Secondary, estimated recoverable©
do ___ 36, 009
33, 682
26, 670
33, 908
38, 856
36 283
54, 063
33, 527
41,013
34, 382
41, 855
38, 830
57, 701
36 218
43,297
48, 064
Imports (general), ore©, metal
do
47 952
45 292
94, 400
94, 900
Consumption total
do
78, 000
94, 000
97, 400
101, 400
90 800
94 700 102 800
84 200 101, 600
85 300
Stocks, end of month:
Producers', ore, base bullion, and in process©
(ABMR)
short tons... 120. 975 123, 276 126, 053 121, 691 117, 022 120, 706 134, 039 122, 340 116 093 111,683 102 401 116,314 119 461
Refiners' (primary) , refined and antimonial©
44, 833
54,941
39, 846
64. 065
49, 348
54, 002
60, 029
short tons-. 40, 559
90, 777
67, 296
58, 21 1 70, 101
118, 124 117, 554 119, 375 112, 953 106, 728
Consumers', total
__
do
96 624 103 910 105 634 116 630 122 329
99 652
92 601
55, 465
49, 716
56, 535
46, 295
45, 647
Scrap (lead-base, purchased), all consumers.. do
47. 354
45, 063
43, 633
45, 877
41, 762
49, 495
44, 979
.1600
.1600
.1432
.1539
. 1600
.1600
Price, pig, desilverized (N. Y.)
dol. per lb_.
.1300
.1400
.1369
.1400
.1400
.1350
.1300
Tin:
260
295
212
266
261
295
265
271
Production, pig (secondary) cf
- long tons
275
297
276
290
3,964
4,746
6,223
5,231
5,171
3,748
4,427
Imports (for consumption), bars, pigs, etc
do _.
2, 335
5,490
6,388
4, 605
3,780
7,995
7,220
7,140
6,820
7,305
7,590
7, 400
Consumption, pig, total__
do 6,470
5 355
6,660
6 975
5 925
5,000
5,440
4,345
4, 555
4,840
5,060
5,110
4 835
Primary
_
do
3 310
4 195
4 385
3 590
243
26
99
165
116
26
30
260
Exports, incl. reexports (metal)
do_._
190
105
135
136
19, 135
21,315
19, 200
19, 445
18, 625
18, 420
18, 190
Stocks, pig (industrial), end of month
do _
21, 950
23 275
22 540
23, 285
23 355
.9646
.9802
1. 0022
.9415
.9832
.9930
.9948
Price, pig, Straits (N. Y.), prompt
dol. per lb__ 1. 0135
.9232
.9331
.9184
.9268
.8923
Zinc:
46, 080
51, 057
42, 672
42, 376
45, 490
47, 123
51, 714
Mine production, recoverable zincA
short tons_- 50, 174
34, 779
34, 346
39, 350
38, 667
34, 967
Imports (general):
41, 314
42, 189
42, 296
36, 709
41, 633
45, 630
Ores and concentrates©
do.-_
41,048
47, 619
48, 629
44, 223
46, 269
48, 171
27, 494
22, 761
24, 288
21, 899
23, 406
22, 568
20,376
30, 037
Metal (slab blocks)
do
15 525
21 776
22 069
16 083
Slab zinc:
Production (primary smelter), from domestic and
89, 860
foreign ores
_ _ _ _ short tons. _ 86, 748
80, 577
90, 032
89, 791
81, 237
72 767
78, 845
84, 009
81 666
76 349
74 633
7,064
6,841
6,704
6,823
5,202
5,321
6,715
Secondary (redistilled) production, total
do
6,710
5,121
4,604
4,688
5,143
90, 490
78, 384
80, 752
Consumption, fabricators', total _
do
65, 123
74, 562
75, 909
67 421
75 976
73, 464
77, 489
87 898
76 595
503
822
Exports _
._ _ . _ __do.-496
3,769
877
1,201
222
789
987
518
446
156
Stocks, end of month:
86, 889
Producers', smelter (AZI)__
_do
78, 974
89, 357 105, 531 112, 693 133, 455 146, 179 149, 296 153, 766 155, 925 152,513 166, 660 180, 346
88, 232
90, 500
74 078
84, 648
89, 626
Consumers'
do
72, 288
70 632
71, 124
71 844 r 74 095
71 919
85 964
.1350
.1192
.1350
.1350
Price, prime Western (St. Louis)
dol. per lb_.
.1136
.1350
.1000
.1000
.1001
.1000
.1000
.1000
.1000
Zinc oxide (zinc content of ore consumed)
6,552
short tons_.
7,833
7,820
7,004
9,050
7,243
7,599
6,174
7.031
6.603
6. 554
8,630
5.618
r
Revised.
» Preliminary.
jData for 1947-57 have been revised to incorporate adjustments to materials from the 1954 Census of Manufactures. Monthly data for 1947-56 will be shown later.
©Basic metal content.
ARevisions for aluminum castings (1955) and copper, lead, and zinc mine production (1956) will be shown later.
cfData in 1957 BUSINESS STATISTICS represent total production (both primary and secondary).
.2810
.2440
.1300
.9450
189, 189
.1000
SUEVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1957
January
February
Marcb
April
May
June
1958
July
DecemAugust SeptemOctober November
ber
ber
January
February
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
Shipments--- __ -thous. of sq. ft. of radiation. .
Stocks, end of month
do
Oil burners:
Shipments
number
Stocks, end of month
_ _.
do _ _ .
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
number
Coal and wood
do
Gas (incl. bungalow and combination)
do _ Kerosene, gasoline, and fuel oil
. do _ _
1,712
4,139
1,797
4,362
1,803
4,750
1,723
4,887
1,507
5,435
2,230
5,163
1,769
4,745
2,123
4,896
2,551
4, 571
2,651
4,027
1,995
3,510
1,277
3,482
45, 933
54, 460
42, 772
52, 345
43, 619
62, 532
46, 782
65, 070
46, 081
73, 106
54, 445
73, 228
51,299
64, 102
65, 606
61, 761
72, 554
50, 305
70, 999
42, 639
44 613
41, 298
29, 549
39, 054
146, 360
4,178
136, 248
5,934
160, 792
4,716
149, 126
6,950
178, 695
4,000
163, 668
11, 027
164, 877
4,716
153, 207
6,954
152, 657
4,669
140, 339
7,649
146, 449
4,757
136, 036
5,656
133, 939
3,908
124, 151
5,880
179, 375
4,497
165, 600
9,278
183, 666
5, 451
171, 121
7,094
188, 661
6,227
175, 627
6,807
146,777
3 328
137, 166
6,283
126, 521
2,350
119, 189
4,982
89, 855
6,379
56, 564
26, 912
90, 716
8,021
55, 660
27, 035
105, 041
9,870
54, Oil
41, 160
103, 585
14, 232
55, 323
34, 030
143, 356
17, 406
78, 250
47, 700
161, 121
22, 674
106, 523
31, 924
228, 241
30, 686
141, 644
55, 911
297, 206
38, 676
187, 472
71, 058
314, 653
43, 344
206, 328
64, 981
347, 354
49, 997
236, 857
60, 500
165. 800
17, 055
119 539
29, 206
74, 534
6,832
55, 562
12, 140
Warm-air furnaces (forced-air and gravity air-flow),
75, 731
shipments, total©
number49, 228
Gas
_ do _ 23, 737
Oil
do
2, 766
Solid fuel
_-_
-do _.
209, 953
Water heaters gas shipments
do
66, 838
43, 708
20, 870
2,260
202, 173
74, 608
51, 030
21, 540
2,038
221, 764
74, 084
50, 125
21, 793
2,166
232, 705
73, 906
50, 208
21, 946
1,752
228, 198
84, 651
56, 579
25, 527
2,545
205, 838
85, 681
57, 773
24, 450
3,458
188, 082
114, 756
71, 874
37 896
4,986
205 503
140, 797
88, 628
45 498
6,671
210 669
125, 820
82, 380
37, 628
5,812
230, 690
91, 300
61, 884
26 524
2,892
169 261
59, 444
41, 570
16. 229
1,645
168, 719
Stoves, domestic heating, shipments, total©
Coal and wood
_
_
Gas©
Kerosene, gasoline, and fuel oil
do_
do
do
do
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans, new orders
thous. of dol_.
Unit-heater group new orders
do
Foundry equipment (new), new orders, net
mo. avg. shipments, 1947-49=100Fumaces, industrial, new orders, net:
Electric processing , ..
_ _ thous. of dol
Fuel-fired (except for hot rolling steel)
do - -
r
55, 786
21, 525
59, 162
18, 792
39, 570
23, 936
43, 287
20, 620
117.9
188.4
127.0
101.1
136.2
187.5
98.6
231.3
113.9
145. 3
59.6
61.4
57.9
2,062
4,581
4,441
3,429
1,809
6,794
1,089
1,665
1,279
2,048
1,261
1,320
1,487
2,404
894
2,673
727
1,229
1,448
1,400
749
1,634
1,593
2,180
701
1,593
Industrial trucks (electric), shipments:
Hand (motorized)
.
__
___ _
number.
Rider-type
do _
Industrial trucks and tractors (gasoline-powered) , shipments
number
602
480
559
385
583
411
606
455
618
429
536
433
611
420
354
242
476
302
600
373
532
366
504
389
515
383
1,837
1,610
1,909
1,941
1,737
1,869
1,651
1,926
1,661
1, 639
1,518
1,812
1,305
Machine tools (metal-cutting):
New orders (net), total _
Domestic
Shipments, total
Domestic
Estimated backlog
.__ _
63.25
56.30
76.55
67.55
6.0
58.20
51.10
77.70
72.05
5.8
58.90
51.30
89.10
78.80
5.5
51.30
45.70
87.80
77.65
5.0
41.40
37.95
78.50
70.90
4.6
43.10
40.05
82.95
72.85
4.2
55.50
50.50
58.70
51.50
4.2
44.50
40.40
63.20
58.00
4.0
28.80
25. 00
64.75
58.60
3.7
27.80
23.65
60.90
53.50
3.5
28.35
25.05
47.60
41.70
3.3
18.65
15.15
56. 15
50. 25
'3.1
P 19. 35
p 16. 00
P 47. 95
P 42. 20
P3.0
__ _
mil. of dol
do
do _
do
months ...
Other machinery and equipment, quarterly shipments:
Construction machinery (excavating and earthmoving) ©
thous of dol
Farm machines and equipment (selected products,
excluding tractors) cf
thous of dol
81, 189
86, 352
72, 170
180, 828
208, 630
169, 098
Tractors (except garden), total, incl. contractors'
off-highway wheel-type tractors 9 ©
units
Value 9 ©
thous of dol
Tracklaving©
units
Value©
thous of dol
Wheel-type (exc contractors' off-highway) units
Value
thous of dol
87, 023
277, 945
12, 867
119, 137
72, 643
130, 208
77, 781
261, 232
11, 390
105, 306
64, 638
121, 049
56, 906
196, 995
8, 340
81,671
47, 220
87, 796
Pumps (steam, power, centrifugal, and rotary), new
orders
thous of dol
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
thousands
Household
electrical appliances:
Refri a eration output (seas adj )
1947-49 — 100
Vacuum cleaners (standard type), sales billed
thousands
Washers domestic sales billedA
do
Radio sets, production §
.
__
_ _ _ do _ _
Television sets (incl. combination), prod.§
do
Insulating materials and related products:
Insulating materials, sales billed, index
1947-49 — 100
Vulcanized fiber products:
Consumption of fiber paper
thous of Ib
Shipments of vulcanized products . thous. of dol
Steel conduit (rigid), shipments
thous. of ft_
Motors and generators, quarterly:
New orders, index
1947-49—100
Polyphase induction motors, 1-200 hp:l
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:1
New orders
thous of dol
Billings
do
r
45, 380
1
1
1
1
3, 409
28, 153
20, 274
42, 391
1
1
1
i 1, 790
16 351
14, 089
28 097
9,601
7,551
7,654
7,801
7,786
8,228
7,143
6,982
6,177
6.158
5,838
2,638
1,961
1,254
1, 178
1,605
1,878
2,469
2,856
2,688
3,042
2,359
127
151
151
136
138
135
140
140
146
143
148
276.7
331.3
1, 085. 5
450.2
300.9
319.6
1, 264. 8
464.7
312.7
281.6
286.2
230.7
1,609.1
1,115.8
2
559. 8
361.2
231.2
254.2
1, 023. 8
342.4
207.3
282.3
1,088.3
2
543. 8
218.3
335.1
612.6
360.7
241.2
329.1
965.7
673.7
302.9
384.3
1,610.7
2
832. 6
328.7
369.5
1, 569. 2
662.0
251. 1
260.5
1, 688. 9
574.6
2
2
2
r
r
r
2,015
1,997
125
237.5
265. 5
206.8 r 238.2
1,
793.3
l,026.
5
3
573. 5 r 434. 0
3
154.0
146.0
153.0
145.0
148.0
140.0
127.0
134 0
135.0
133.0
123.0
112.0
4,824
2,017
32, 913
4,302
1,917
33, 684
4,387
1,841
40, 916
4,306
1,799
25, 303
4,671
1, 983
30, 410
3,498
1,488
45, 257
3,484
1,646
54, 636
4,184
1,605
36, 657
3,748
1,640
32, 492
3,847
1,732
35, 044
3,613
1,692
28, 921
3,542
1,575
24,889
209.0
189.0
174.0
49 467
49, 717
49, 188
52, 321
44, 640
45, 146
39, 178
43, 347
14, 947
13 124
8,317
11, 740
8,625
9,347
6,441
10, 245
p 805. 0
p 378. 9
3,472
1,696
34, 510
2
3
Revised.
* Preliminary.
1 Data are for month shown.
Represents 5 weeks' production.
Represents 6 weeks' production.
©Revisions for gas heating stoves (1954, 1955, and January-August 1956), total warm-air furnaces (1955 and January-August 1956), construction machinery (1st and 2d quarters of 1956) and
tractors (1955 and 1st and 2d quarters of 1956) will be shown later.
cf Not strictly comparable with data shown in the 1957 edition of BUSINESS STATISTICS. Data exclude shipments of farm elevators and blowers; shipments of these products averaged
$3.5 million and $11.0 million per quarter in the first 3 quarters of 1956 and 1955, respectively.
9 Includes data not shown separately.
AData excludes sales of combination washer-dryer machines. Such sales totaled 175,800 units in 1957 and 13,300 units in January 1958.
§ Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for March, June, and September 1957 cover 5 weeks;
for December 1957, 6 weeks; all other months, 4 weeks.
1 Data for polyphase induction motors cover from 28 to 30 companies; for direct current motors and generators, from 20 to 24 companies.
SUEVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-35
1958
1957
January
February
March
April
May
June
DecemOctober NovemAugust September
ber
ber
July
January
February
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thons. of short tons._
2,639
264
Stocks in producers' storage yards, end of mo do _ ,
469
Exports
do
Prices:
29.41
Retail, stove, composite
dol per short ton
15. 575
Wholesale, chestnut, f. o. b. car at mine
do _
Bituminous: J
Production
thous. of short tons. _ 44, 025
Industrial consumption and retail deliveries, total
42, 810
thons. of short tons
' 37, 032
Industrial consumption total
do
15, 669
Electric-power utilities
do _
9,372
Coke ovens
do
418
Beehive coke ovens
do
••835
Steel and rolling mills
_ . do
-•787
Cement mills
do
' 8, 967
Other industrials
._
do
7,953
8,192
7,430
6,925
6,392
6,149
6,610
6,577
978
r
6
802
6
865
7
729
38
685
54
614
57
621
56
671
50
619
45
Railroads (class I)
Bunker fuel (foreign trade)
Retail-dealer deliveries
do
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
do
Exports
do
Prices:
Retail composite
dol per short ton
Wholesale:
Screenings, indust use, f o b car at mine do
Large domestic sizes f o b car at mine do
COKE
Production:
Beehive
thous of short tons
Oven (byproduct)
do
Petroleum coke 9
_ _ _
do
Stocks, end of month:
Oven -coke, plants total
do
At furnace plants
do
At merchant plants
__do
Petroleum coke
do
Exports
- - - _do
Price, beehive, Connellsville (furnace)
dol. per short ton_.
r
2,083
288
305
1.807
365
2,048
385
363
362
29 43
15. 575
39, 410
35, 992
31, 778
12, 937
8 476
29.41
15. 575
405
481
718
2,306
323
2,564
281
1,486
308
2,185
516
2,274
532
28 02
14. 105
28 40
14. 532
28 56
15 022
27.58
13. 671
27.98
14.036
42, 510
41, 670
42, 580
39, 270
34, 620
43, 030
40, 775
45, 455
38, 300
36, 290
37, 120
37, 281
33 703
13, 565
9 397
33, 369
30, 750
12, 237
8 812
32, 208
30 534
12,322
9 130
30, 770
29, 268
12, 210
8 782
30, 810
29 280
12, 443
9 033
32
30
13
9
32, 302
29 759
12, 469
8 751
35 696
32 113
13 521
8 727
34, 328
31 132
13, 345
7 870
rr 35, 165
31, 242
13,646
7,242
36, 809
31, 803
14, 563
6,718
7,787
7,880
'680
'817
8, 123
8,407
626
47
607
43
352
415
737
308
386
724
257
310
646
229
307
442
888
769
034
043
249
309
803
3,578
2,619
1,674
1,502
1,530
' 73, 182
r 72, 344
13, 409
12, 796
'720
1,377
13, 245
71,307
70, 501
42, 262
12, 801
71, 956
71, 320
42, 806
13, 254
73, 335
72, 684
43, 984
13, 285
76 082
75, 324
45, 877
13, 903
78 271
77, 369
47, 592
13, 978
75 048
74, 106
47, 508
11,717
77
76
49
12
1,272
12, 887
1,212
12, 848
1,231
12, 976
1,287
13, 041
1,306
13, 132
838
806
636
651
758
4, 539
4,758
6,295
7, 455
16.31
16.31
16.32
5. 467
7.641
5.467
7 641
5.465
7 484
788
255
248
6,604
5,966
572
2,096
1,793
303
292
78
499
701
263
6,632
508
515
2,015
1,765
2,108
1,800
250
337
61
308
369
73
477
224
320
754
240
2,197
420
27 58
13. 671
4,214
797
270
29 21
13. 671
449
5, 778
491
1,836
500
1,938
510
466
429
475
773
289
2,306
394
310
329
28,90
28 90
29 14
15. 092 «• 15, 512 v 15. 512
128
142
440
805
195
403
807
r
584
r
••22
521
4
3, 923
5, 006
77, 389
76, 651
48, 707
13, 251
738
3 583
3, 196
662
672
085
504
79 813
78 803
50, 488
13 002
81 383
80 449
51, 238
13 938
81 330
80 342
51, 070
14 002
1,342
12, 357
1 371
12 505
1,450
12, 693
1,531
12, 630
654
664
625
1,573
12, 617
80, 799
' 79, 868
«• 50, 289
14, 092
'651
1,524
12, 667
618
645
902
942
990
1 010
934
988
911
7,605
7,816
7,300
7 446
6 542
6,435
5,268
4,901
16 26
15 94
15.96
16.07
16 14
16.38
16.52
16 58
16.61
16 62
5.596
7 135
5.603
7 095
5.601
7 166
5.599
7 282
5 597
7 405
5 572
7 558
5. 575
7 611
5.565
7 665
•"T 5, 559
7. 724
T 5. 536
v 7 705
521
687
215
6,221
521
2,154
1,758
396
345
64
550
666
634
727
517
665
180
155
6,451
6,207
6,364
2,260
1,766
2 296
1,743
2,423
1,781
592
494
372
71
559
553
394
77
553
642
400
66
462
487
84
75
602
1,364
12, 072
655
137
118
6 369
6,159
6,157
5,532
5,090
599
586
607
2 545
1 829
2 599
1,816
2,764
1,947
3,137
2,183
783
435
81
2 963
2, 095
716
401
87
868
501
56
954
507
50
3 250
2 224
1,026
15. 25
138
519
506
r
151
562
553
817
459
60
15.00
15.19
15. 25
15.25
15.25
15. 25
15.25
15.25
15.25
15.25
15.25
15.25
2,667
231, 880
2,233
215, 099
2,164
239, 214
2,144
226, 231
2, 590
230, 696
1,991
213, 202
2,181
213, 052
2,823
210 379
2,353
206, 967
2,761
212, 650
2,105
204 721
2, 152
214, 793
48
4,721
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
number
Production
thous of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
_
_ thous. of bbl .
Stocks, end of month:
Gasoline-bearing in U. S., total.--do
At refineries
do
At tank farms and in pipelines
_ - _ _ do _
On leases
do
94
91
90
87
90
88
89
90
89
86
86
88
256, 485
226, 461
249, 445
232, 197
247, 760
236, 002
243, 412
250, 847
237, 606
237, 143
230, 773
242, 305
256, 244
70, 324
164, 383
21, 537
256, 344
70, 613
164, 538
21, 193
254, 911
70, 370
162, 363
22,178
265, 796
74, 950
169, 247
21, 599
275, 963
76, 502
177, 653
21, 808
284, 312
77, 210
184, 168
22, 934
288, 241
75, 961
190, 058
22, 222
283,
75
185,
22
280, 469
74, 575
183, 044
22, 850
284, 517
77, 737
184, 129
22, 651
281,
74
184,
22
769
340
557
872
281,813
76, 576
183, 526
21,711
7, 458
7,909
Exports .
do
14, 100
9,147
26 568
23 6?1
28 537
Imports
do
27 669
2.82
3.07
3.07
Price (Oklahoma-Kansas) at wells
dol. per bbl_.
3.07
Refined petroleum products:
Fuel oil:
Production:
56, 970
52, 934
Distillate fuel oil
thous. of bbl__ 65, 662
57, 680
40, 990
35, 546
Residual fuel oil.
_
_ _
do
37, 351
33, 964
Domestic demand:
65, 815
92, 960
45, 991
60, 855
Distillate fuel oil
do
60, 868
50, 509
Residual fuel oiL_ _ _ .
_ do
50, 220
47, 202
Consumption by type of consumer:
9,904
6,963
6,474
Electric-power plants
do
6,570
8, 861
7,994
8,421
7,940
Railways (class I). _ _
do 7,999
6,938
8,791
8,205
Vessels (bunker oil)
do
Stocks, end of month:
100, 572
85, 105
78, 743
76, 245
Distillate fuel oil
do
38, 403
37, 429
Residual fuel oil
_
_ do
36, 201
37, 371
Exports:
7,035
7,634
4,761
Distillate fuel oil_._ _
..
do
6,956
3,466
3 853
Residual fuel oil
do
4,110
3,494
Prices, wholesale:
Distillate (N. Y. Harbor, No. 2 fuel)
.109
dol. per gal _
.119
.119
.119
2 45
2 45
Residual (Okla , No 6 fuel)
dol per bbl
2 45
2 35
Kerosene:
Production
thous of bbl
11 384
9 874
10 307
8 520
Domestic demand
do
17, 946
12 153
10 291
6 747
Stocks, end of month __ _
_
do
24, 019
21,013
20, 223
21, 512
Exports
do
1,059
892
579
930
Price, wholesale, bulk lots (New York Harbor)
.115
.125
dol. per gal. .
.125
.125
f Revised.
v Preliminary.
1 Revision for December 1956, 8,764,000 barrels.
^Revisions for January-October 1956 for production and consumption will be shown later.
9 Includes nonmarketable catalyst coke.
3,703
33 466
3.07
1,745
33 119
3.07
1,197
41 418
3.07
995
739
32 873
3.07
1,007
37 651
3.07
926
41 149
3.07
28 392
3.07
1,088
31 281
3.07
55, 444
34, 196
53, 180
33, 033
54, 236
33, 776
55, 979
33, 754
53, 164
32, 987
52, 863
32, 602
52, 006
32, 059
58, 455
35, 398
32, 883
41,902
31, 970
37, 801
31 120
38, 190
33 674
39, 380
38, 362
35, 569
48, 669
42, 607
60 029
45, 055
74 760
52, 818
6, 314
7,648
8,183
6,238
7,250
7, 737
5,510
7, 659
7,976
5 790
7,906
8,345
5,644
7,687
7,874
6,421
8,146
8,101
6 684
7,596
7,345
7,048
i 7, 833
7,168
98, 060
41, 036
117 364
45, 572
138 359
49, 621
159 124
52 645
173 269
58, 727
176, 388
60, 025
166 763
59, 622
149 449
59, 959
3,699
2 933
2,313
2,544
2,643
2,516
2,447
2 332
1,332
1,574
2,022
2 279
2,239
1 898
1, 825
1 804
.114
2 35
.114
2 35
.109
2 15
.105
2 05
.105
1 95
.105
1 75
.105
1 75
.105
1 75
8 440
4 327
25 374
7 617
3 826
28, 872
7 718
4 948
31 713
7 804
4 828
34 576
8 284
6 486
36 382
9 709
ll'442
32 696
225
67
8 230
10 085
34, 384
11 042
14 593
29 200
.120
.114
.110
.110
.110
.110
.110
373
.120
378
28
388
841
097
450
211
r
r
109
93
30, 630
84
800
706
2,543
2 119
1,782
7 257
7,462
15. 25
SUEVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 195!
1958
1957
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
Production
thous. of bbl
Domestic demand
do
Stocks, refinery, end of month
do
Exports _ .
_
do
Price, wholesale, bright stock (midcontinent, f. o. b.
Tulsa)
dol. per galMotor fuel:
Gasoline (including aviation) :
Production, total
thous. of bbl
Gasoline and naphtha from crude oil
do. .
Natural-gas liquids:
Used at refineries (incl. benzol)
_ do
Used in other gasoline blends, etc
do
Domestic demand
Stocks, end of month:
Finished gasoline
At refineries
Unfinished gasoline
Natural-gas liquids
_
4,960
3,774
10, 412
919
4,334
3,382
10, 308
1,004
4,858
3,374
10,428
1,312
5,124
3,653
10, 587
1,248
5,131
3,869
10, 710
1,074
4,246
3,037
10, 591
1,265
4, 657
3,897
10,313
981
4,704
3,717
10, 124
1,087
4,378
3,169
10 210
1,075
4,476
3,621
9,953
1,065
4,423
2,881
10, 396
1,043
4,432
2,872
10, 864
1,044
.240
.255
.255
.255
.255
.255
.255
.255
.255
.255
.255
.255
123, 678
109, 412
108, 205
95, 114
118, 591
103, 741
113,098
98, 775
120, 892
106, 630
119, 521
104, 930
120, 506
106, 393
127, 794
112, 116
122 960
108, 675
122, 103
107, 323
117,026
102, 699
124, 034
109, 437
12, 702
1,564
10, 974
2,117
12, 296
2,554
11,836
2,487
12, 158
2,104
11, 506
3,085
12, 414
1,699
13, 171
2 507
13, 193
1 092
13,424
1 356
13, 224
1,103
13, 192
1 405
r
do
109, 295
96, 694
113, 166
115, 820
124, 325
121, 598
130 251
128 808
113 567
119, 334
107, 705
112 691
do
do
do
do
184,942
106, 956
12, 760
17, 638
192, 428
113, 355
12, 842
17, 661
193, 540
109, 922
13, 176
19, 063
188, 649
104, 636
12, 758
20,742
183 064
99, 869
12 030
24, 818
177, 997
94, 597
12, 066
27, 259
166 654
88, 664
11 214
28, 448
162 810
85, 468
11 221
29,092
170 056
89, 184
10 632
29 271
169 988
87, 922
10 914
27,838
175, 851
91, 387
11, 290
25, 575
186 253
103, 555
10 523
21, 567
3,619
3,003
3,512
2,117
2,081
2,458
1,744
2,314
2,395
2,086
2,629
1,529
.115
.125
.125
.125
.125
.123
.116
.118
.120
.120
.120
.120
.227
.225
.220
.222
.222
.222
.223
.223
.214
.220
.219
9,413
7,788
12,815
7,696
8,243
6,299
12,918
7,438
9,611
7,999
12, 615
7,582
8,824
6,993
12, 397
7,285
9,573
7,289
13, 010
7,721
9,461
7,188
13, 085
7,873
9,862
7 682
12, 889
7 716
10, 176
7 834
13, 012
7 815
9,208
6 326
13, 332
7 885
9,542
7 495
13, 709
8 497
6,207
6,552
5,185
5,830
6,766
5,326
6,800
7,941
4,868
6,203
6,478
5,322
5,813
6,120
5,656
4,412
4,333
6,321
5 514
7, 122
5 470
5 260
5,832
5 248
3 702
4 064
5 042
4 723
5,296
4 681
3,918
10, 381
3,909
11,314
5,496
12, 972
6,538
14, 606
8,303
15,160
9,012
14, 435
9 789
11, 509
10 505
9 970
9 318
8,586
460
661
376
632
499
670
473
707
468
706
421
728
446
706
430
658
3,895
4,142
3,342
4,449
3,998
4,558
5,433
818
872
2,205
103
916
949
2,277
91
624
708
2,009
74
761
891
2,797
80
621
866
719
963
2,876
76
2,088
862
Exports (motor fuel, gasoline, jet fuel)
do
Prices, gasoline:
Wholesale, refinery (Okla., group 3) dol. per gal
Retail (regular grade, excl. taxes), service stations, 54 cities
dol. per gal__
Aviation gasoline:
Production, total
_
thous. of bbl
100-octane and above
do
Stocks, end of month, total _ _ . _
do
100-octane and above
do
Jet fuel:
Production
do
Domestic demand
do
Stocks end of month
do
Asphalt :O
Production
do
Stocks, refinery, end of month
do
Wax:O
Production
do
Stocks refinery end of month
do
Asphalt and tar products, shipments:
Asphalt roofing, total
thous of squares
Roll roofing and cap sheet:
Smooth surfaced
do
Mineral surfaced
do
Shingles, all types
do
Asphalt sidings
_
_. do
Asphalt board products
thous of sq ft
Saturated felts
short tons
1,335
78, 270
1,144
79, 454
2,165
67, 375
1,843
78, 501
2,511
65
3,414
68, 191
70, 228
1,148
3,423
81
2, 233
87, 652
.217
.211
8,985
5,965
r
13,
925
r
l 923
9,428
6 780
14, 868
8 521
4,245
5,932
4,645
4 613
4,713
4 749
8,085
7,863
6,107
8,996
4 703
10, 463
462
662
498
655
450
655
478
666
5,917
5,467
6,090
3,731
2,610
989
955
1,087
1,468
3,535
689
927
424
662
526
700
2,114
1,524
1,749
r
2,975
1 290
3,638
101
2,019
111 718
1,264
3,248
115
1,835
78 464
2,145
90 291
1,308
66, 045
53, 898
63, 322
2,766
3,002
6,548
r 2, 813
^ 2, 638
^ 6, 629
3,170
3,046
6,763
133
81
49
716
62
600
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
Consumption
Stocks end of month
Waste paper:
Receipts
Consumption
Stocks end of month
thous of cords (128 cu ft )
do
do
3 137
6 409
3 255
3 137
2 827
6 719
3 129
3,080
6 766
2 716
3,025
6 449
2,826
3 094
6 155
2,884
2,905
6,078
2,986
2,642
6 385
3,276
3,047
6,706
2,941
2, 858
6 705
3,226
3,196
6,697
short tons
do
do
699 647
720 736
519 590
678 028
680, 164
517 109
720 815
731, 369
506 251
724 292
725, 959
504 557
734, 710
496 039
689, 816
481, 179
613, 716
505 401
723, 279
475 135
713,496
462,417
782, 049
473 977
WOOD PULP
Production:
Total all grades
thous of short tons
Dissolving and special alpha
do
Sulfate
do
Sulfite
do
1 904 6
82.6
1 061 0
226.9
1 709 8
83.6
915.6
207.5
1 893 7 1 840 4
93.9
92.0
993. 1
1, 037. 3
220.9
225.5
1 900 7
93.2
1, 052. 9
211.0
1, 776. 1
82.7
981.7
201.2
1 590 2
74.7
857.5
182. 3
1 894 9
80.1
1, 063. 2
210.2
1 742.8
78.8
969 0
192.1
1 961 1 1,850 6
91.4
87.0
1,086 9 1,037.3
234.3
2C8.8
262 6
90.1
181.5
244.0
91.2
167.8
267.2
96.7
179.6
263.6
95.4
168.8
264.3
95.6
183.6
248.2
96.3
166.0
232.0
88.3
155.5
251.3
100.4
189.8
227.4
96.5
178.9
246.2
106.5
195.8
237.0
94.0
186.5
884.0
208.8
575 3
100.0
871.5
206.6
564.3
100.6
869.8
206.9
561.1
101.8
859.8
209.2
544.0
106.6
879.2
218.2
556.5
104.5
862.5
222.2
535. 3
105.0
879.1
213.0
559 7
106.3
873.0
213.7
556. 1
103.3
852.1
200.3
553 4
98.5
880.3
217.6
564.3
98.5
904.9
239.9
561 5
103.5
48.7
14 5
34.2
41.7
17.2
24.5
76.1
17.1
59.0
50.4
14.1
36.2
57.1
23.9
33.3
59.7
23.0
36.7
58.4
25.9
32.6
46.2
18.1
28.1
48.7
26.0
22.7
36.8
16.3
20.5
39.6
12.9
26.7
66.5
31 9
34.6
178.1
Imports all grades total
do
12 2
Dissolving and special alpha
do
165.9
Allother
do
r
Revised.
? Preliminary.
©Asphalt—5.5 bbl. = l short ton; wax—1 bbl.=280 Ib.
186.1
99
176.2
173.9
13.5
160.4
168.6
11.8
156.8
176.5
10.0
166.5
163.3
11.5
151.8
173.7
11.4
162.3
184.3
9.2
175.0
174.3
10.0
164.4
206.1
12.3
193.8
173.6
8.8
164.8
148.1
6.2
142.0
Groundwood
do
Defibrated or exploded
do
Soda semichem , screenings, damaged etc do
Stocks, end of month:
Total all mills
do
Pulp mills
do
Paper and board mills
do
Nonpaper mills
do
Exports, all grades total
Dissolving and special alpha
All other
do
do
do
678, 765 ' 645, 156 690, 343
488, 311 r 514, 832 510, 696
r
1,r606. 1 1,844.1
67.4
98.3
'r 872. 9 1,007.2
224. 4
191.7
'r227. 1
82.1
164. 9
247.5
96.2
170.5
»• 886. 3
>•r 219. 5
565. 7
101.1
887.3
250. 5
539. 7
97.1
r
.218
SURVEY OF CURRENT BUSINESS
March 1958
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
S-37
1957
January
February
March
April
May
June
1958
DecemAugust SeptemOctober November
ber
ber
July
January
February
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
All paper and board mills, production:
Paper and board, total
thous. of short
Paper
Paperboard
Wet-machine board
Construction paper and board
tons
do
do
do
do
"^aper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association) :
Orders new 9
thous. of short tons
Orders unfilled end of month 9
do
Production
do
Shipments 9
do
Stocks end of month 9
do
Fine paper:
Orders new
do
Orders unfilled end of month
do
Production
do
Shipments
do
Stocks end of month
do _
Printing paper:
Orders new
do. _
Orders unfilled end of month
do
Production
do_ _
Shipments
do
Stocks end of month
do
Price, wholesale, book paper, "A" grade, English
finish white r o b mill
dol per 100 Ib
Coarse paper:
Orders new
thous of short tons
Orders unfilled end of month
do
Production
-do
Shipments
- do _
Stocks end of month
do
Newsprint:
Canada (incl. Newfoundland):
Production
- do
Shipments from mills
do
Stocks at mills, end of month
__do
United States:
Consumption by publishers
_ _ __ _ _ d o
Production
do
Shipments from mills
__
do
Stocks, end of month:
At mills
do
At publishers
do
In transit to publishers
_
do
'r 2, 679
1, 224
1,211
13
231
2,432
1 104
1,090
12
226
2,655
1 183
1,224
13
235
2,602
1,169
1,180
13
240
2,664
1,172
1,237
12
243
2,512
1 110
1,147
15
241
2,243
2,668
1 151
1,238
998
1,005
10
231
16
263
2,519
1 061
1,191
2,796
1 201
1,304
12
255
'r 2, 299
1, 050
r
1. 038
2,543
1 108
1.194
13
199
13
277
12
228
849. 0
704 0
1,r 060. 7
863
2
r
496. 7
765.0
636 5
974.6
803 2
513.5
766.4
662 8
918.0
760.4
516.6
r
r
873.7
693.6
1, 061. 2
885 3
494.6
794.0
669.1
957. 2
798.1
503.9
905.7
720.3
1, 021. 3
859.9
519.9
830.9
706.9
1, 008. 6
849.3
518.2
863.9
685.4
1, 007. 5
859. 5
504.9
802.6
680. 1
958.9
794 9
575.2
764.8
721 4
858.8
716 2
471 3
799.6
704 9
1, 001. 4
837 7
479.1
764.7
693 9
926.6
772 4
484.0
118.3
68.9
133.8
135.9
105.6
131. 7
79.6
125.0
127.8
133.4
133.1
78.7
139.6
134.8
133.4
134.0
70.1
135. 1
140.0
136.7
155. 4
77.5
136.7
150.2
139.3
114.7
70.6
125. 0
123 3
121.7
117.1
89 3
101 7
97 9
109 5
119.1
83 2
132. 8
128 1
106. 8
106.7
75 5
127.7
117 1
110.8
r
116.0
70.0
136. 3
125. 3
' 115. 1
114.0
64 5
127.0
118 7
125.0
104.5
58 0
121.1
118.1
126.9
364.2
422 2
362.0
353.1
202 6
308.6
397 5
323.5
321.0
202.3
388.8
435 2
349.8
348.2
220 7
336.9
439 5
341.7
341.0
216. 1
359.9
426 1
352. 7
351. 3
208.7
346.6
425 7
336. 4
336 0
209 0
326.4
441 1
314.5
314.8
208 8
318.8
428 0
343. 6
337.8
214 4
310.3
421 5
308.3
305. 2
217 5
r
353. 2
r
434 7
r
349.
8
r
350. 2
r
321.5
395 5
330.9
331 5
215 9
330.9
422 1
314.4
320. 6
209 7
15 38
15.38
15.38
15.38
15.88
15 88
15 88
15.88
15 88
334.6
156 6
344.1
334.5
123.1
302.1
148 2
308. 0
297.4
107.8
322.5
157 4
318.5
320.3
107.4
302.3
148 7
312.0
310. 6
108.7
296 0
137 6
309.4
304.0
103 9
292 5
143 5
289.8
285. 1
117 0
277 2
150 5
252. 1
258 9
120 6
314.6
115 4
315.3
319.0
105 5
301.5
159 0
291.5
302.4
102. 5
558.6
513.6
145.0
518.9
510.9
153.1
574.2
526.5
200.8
554.8
538. 4
217. 3
573.0
574.3
216.0
532. 0
548.5
199.6
549.2
578 8
169.9
560. 3
524.0
206.2
407.6
157. 7
158.9
387.2
150.7
151.6
463.3
164.4
161.2
442.3
162.4
162.6
466.0
171.2
172.5
433.9
159. 1
156.8
373.5
144.4
143.1
8.9
8.0
591.7
119.6
11.2
580.2
107.8
11.0
592.6
100.9
9.6
551.1
113.1
589.7
96.5
11.9
585.6
101.8
13.2
653.4
101.5
447.4
Imports
-do
Price, rolls, contract, delivered to principal ports
130. 10
dol per short ton
Paperboard (National Paperboard Association) :
Orders, new
__ _ _ -. thous. of short tons. . 1, 153. 2
471.7
Orders unfilled end of month
do
1, 125. 7
Production, total
do
91
Percent of activity
__ _
Paper products:
Shipping containers, corrugated and solid fiber,
7,947
shipments
mil. sq ft surface area
Folding paper boxes, index of value:
193.3
New orders
1947-49=100
173.6
Shipments
_ _ _
do
r
T
r
r
217. 1
15.88
15 88
15.88
325. 1
158 9
* 335. 4
' 332. 2
"• 105. 0
283 2
137 5
308.9
304 4
113 0
278 0
137 3
281.8
281.1
115.1
486.6
512. 9
179.9
548. 7
544.4
184.1
504.9
520 5
168.6
386.4
156. 5
153.7
434.3
133.8
132.7
465. 4
146.8
145.3
15.9
704.9
100.6
17.0
673.4
107.7
18.5
665. 2
87.3
r
r
453.0
140 4
143.1
436.3
138.7
135.1
385. 9
157.0
158.8
15.7
628 0
94.8
19.3
595.4
79.6
17.6
602.0
108.1
427.9
459.4
450.1
411.5
495.0
404.1
413.9
472.3
406.9
133. 30
134. 40
134. 40
134. 40
134. 40
134. 40
134 40
134 40
134 40
1, 114. 5 1, 240. 8 1, 227. 7 1, 347. 0
547. 0
481.3
506.5
418.3
1, 000. 8 1, 287. 9 1, 161. 1 1, 345. 7
1, 130. 0
355. 2
1, 240. 7
94
94
92
1, 228. 3 1, 122. 9
384.1
370.7
1, 259. 7 1, 142. 5
93
91
77
94
91
97
v 15. 88
498.3
474.8
155.9
429.1
1, 208. 4 1,211.3
408.3
493.7
1, 221. 0 1, 189. 8
13
224
435. 3
' 471. 4
132.5
130. 10
1, 088. 6
454.3
1, 094. 6
r
2,499
1 147
1,115
92
403.7
134 40 " 134.40
1, 085. 1
376.2
1.051.1
79
1, 047. 9 1, 044. 3
340. 8
363.0
1, 081. 7 1, 059. 9
80
86
7,365
8,227
7,987
8,291
7,739
7,550
9,028
8,407
9 012
8,410
6 815
7,697
7,013
194.9
171.9
207.4
186.6
212.9
185.5
206.7
187.0
190.5
170.4
192.7
167.7
203.0
192.4
200.4
190.3
206 4
211.1
183 6
184.7
173.7
178.8
187.3
177.4
189 3
161.8
1,065
1,104
1,463
1,176
1,010
1,176
1,013
694
538
156
1,113
1 336
1,132
1,408
1,176
1 271
1,043
579
478
101
1 051
44, 932
99 093
48, 951
43, 675
103, 243
44, 188
43, 816 r r 38, 285
98, 224 !00 901
44, 583
53, 922
42, 597
104 979
PRINTING
Book publication total
New books
New editions
_
number of editions
do _
do
489
367
122
825
240
856
248
287
813
197
915
261
794
219
926
187
204
232
228
821
230
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
_
long tons.. 52, 631
Stocks, end of month
do
101, 758
Imports, including latex and guayule
do
46, 349
Price, wholesale, smoked sheets (New York)
.333
dol. per lb__
"ynthetic rubber:
94, 277
Production
long tons
85, 490
Consumption
_ __ ._
do
193, 724
Stocks end of month
do
Exports
_ _ do_ .
17, 289
Reclaimed rubber:
Production
Consumption
Stocks, end of month
__
r
_
do
_ do .
do
Revised.
» Preliminary.
9 Data exclude estimates for "tissue paper."
25, 053
24, 053
34. 552
46, 427
100, 253
37, 487
48, 263
97, 820
42, 160
45, 368
102, 796
59, 896
46,511
98, 717
52, 566
41, 282
90, 694
30, 291
39, 789
98, 871
44, 760
48, 782
102 496
49, 371
.306
.315
.321
.328
.333
.329
.324
.301
.295
.265
.285
.275
83 235
77, 260
184, 808
16, 878
93 916
81, 650
181, 813
18, 101
82,340
76, 355
173,611
13, 966
95 014
80, 242
173, 441
16, 009
84 413
70, 456
173, 170
17, 584
80 951
69, 044
163, 648
19, 817
93 422
79, 272
161 688
18,029
94 537
77, 651
160 507
14, 696
106 401
88, 820
164 705
16, 697
106 030
75, 402
177, 967
16, 549
103 779
r
67, 637
r
!98 985
19, 620
102 716
72 625
210 397
21, 896
22, 773
32. 010
25, 051
24, 633
30. 975
22, 878
23, 145
30. 258
24, 859
23, 816
29. 847
22, 402
21, 352
30. 379
20, 444
19, 676
29. 972
20,423
22,429
28. 521
19, 892
21, 704
25.983
26, 407
24, 925
27. 171
22, 083
20, 583
27. 855
r
r
r
20, 101
18, 263
29. 323
21, 159
21, 186
29. 569
.262
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 195}
1958
1957
January
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
9,169
9,766
8,950
9,490
8,489
8,443
8 917
8 641
9 708
8,248
do
8,874
3,496
5,195
183
8,539
3,361
5,051
127
9,114
3,381
5,579
154
9, 381
3,246
5 989
146
9,150
3,230
5,787
134
9,310
2,993
6,191
127
9,840
3,068
6,646
126
9 833
3,214
6,488
130
7 723
1,688
5 902
133
8 154
2,621
5 350
182
7,171
3,398
3 630
143
do
do
20, 490
144
21, 008
144
21, 743
171
21 308
202
21 630
152
20 783
120
19, 316
120
18 477
139
19 393
124
20 985
136
do
do___
3,364
3,829
3,362
3,291
3,822
3,397
3,428
3,104
3,548
3,214
3,025
3,472
2,941
3,708
3 134
3,683
3 365
3,483
do
do
5,789
32
5,960
78
6,540
76
6,969
90
7,422
80
6,946
75
6,287
63
5,966
74
do
__do _ _
Replacement equipment
do
Export
Stocks, end of month
Exports __
_ _ _ _ _
Inner tubes:
Production
Shipments
9,504
thousands
Shipments, total
Original equipment
_.
Stocks, end of month
Exports
_
7,615
7,814
6 560
3,070
3 342
148
8,271
2,653
5,511
107
22 171
142
23 225
163
22, 769
3 764
3 172
3 243
2,736
2 778
2,717
3 344
4, 309
6,174
77
6,909
100
7,444
83
7,671
84
6,700
22 386
73
17 023
18 488
59
13 742
28, 566
14 776
33 312
18 982
r
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
19, 320
65
11, 927
17, 827
66
15, 274
22, 642
76
20, 757
23, 967
83
23, 351
27, 485
92
29, 203
26, 462
91
29, 758
20, 287
67
25, 827
31 406
104
35 732
30, 884
104
30, 707
30 121
98
31 164
25 014
84
21 039
29, 828
14, 337
32, 382
18, 625
34, 277
21, 621
34, 893
23, 620
33, 176
22, 539
29, 885
20, 550
24, 345
17, 979
20 018
13 881
20, 250
11 016
19, 213
9 444
23, 187
11 326
Brick, unglazed (commercial and face):
Productiond*
_ _ _ -thous. of standard brick . 437, 692
314, 030
Shipments cf
do
Price, wholesale, common, composite, f. o. b. plant
dol. per thous__ 30. 863
400, 758
370, 935
467, 798
454, 575
534, 682
523, 085
564, 799
585 612
577, 448
567, 339
593, 044
609 478
625, 020
634 291
583, 681
569 602
611 704
602 404
532, 650
478 223
Production,finishedcement
Percent of capacity
Shipments,finishedcement
Stocks, end of month:
Finished _.
Clinker
.
thous. of bbl
.
thous. of bbl
__
_ do _
do
r
r
CLAY PRODUCTS
Clay sewer pipe and fittings, vitrified :cf
Production
_ _
_
Shipments
Structural tile, unglazed:cf
Production
Shipments
- -. - -
short tons
do
do
do
460, 664
385 040
r
30. 814
30. 814
30. 814
30. 814
30. 914
30.914
30. 816
30. 816
30. 816
30. 816
166, 580
107, 907
148, 236
111, 676
154, 151
133, 298
153, 240
139, 420
162, 551
152, 142
149, 829
151, 929
153,639
153, 730
157, 908
168, 799
143, 587
150, 045
173 215
164, 643
145, 230
117, 111
123, 524
87, 927
54, 447
46, 451
49, 962
44, 170
57, 747
51, 984
52, 258
47, 677
53 688
51,580
58, 258
56, 386
62, 183
57, 873
54 320
50, 904
46 081
45, 825
49 628
49 266
45 805
38, 727
44, 437
37, 152
11, 657
11, 057
12, 617
11, 695
12, 505
12, 747
12, 565
14, 090
12, 201
13 089
11, 366 ' 10, 705 11,714
10, 022
9,710
11, 109
11, 021
12, 611
12, 081
12, 194
17, 867
9,110
12, 467
11, 787
9,264
948
892
1,100
1,091
1,182
1,238
1,350
2,501
1,554
1,398
1,085
779
941
2,997
2,843
3,049
2,963
3,435
3,425
3,604
5,811
2,720
3,604
3,386
2,669
3,272
484
577
963
2,902
967
184
515
508
1,061
2,791
942
158
799
889
1,190
2,899
1 024
159
961
911
1,060
2,810
1 076
149
1,351
1,300
1,064
2,842
1 268
169
1,403
1,333
1,157
2,470
880
175
1,177
1, 397
905
2,619
963
179
818
1,343
1,835
3 882
1,367
310
350
495
832
2,288
676
195
371
773
1,546
3,513
1,056
206
594
765
1,441
3,278
1,004
234
903
546
986
2,498
729
154
894
582
965
2,891
947
152
14, 976
16, 107
17, 318
17, 793
17, 439
17, 860
17, 955
13, 866
16,688
16,943
16, 128
17, 352
18, 051
30, 906 p 30. 906
GLASS PRODUCTS
Glass containers:
Production
thous of gross
Shipments domestic, total
do
General-use food:
Narrow-neck food
__ _ _
do
Wide-mouth food (incl. packers' tumblers, jelly
glasses, and fruit jars)
thous of gross
Beverage
Beer bottles
Liquor and wine
- _
IVtedicinal and toilet
Chemical household and industrial
Dairy products
-
Stocks, end of month
do
do
do
do
do
- do
- _ _ do
-
10, 644
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
Production
thous of short tons
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
TJncalcined uses
short tons
Industrial uses
Building uses:
Plasters:
Base-coat
All other (incl Keene's cement)
Lath
"Wallboard
All other©
r
do
-
do
do
mil of sq ft
do
do
r
r
761
1,956
1,161
2,326
1,316
2,509
1, 061
2,238
1,787
1, 983
2 130
1,861
663, 237
779, 707
793, 531
854, 662
83, 225
79, 582
78, 948
76, 674
324, 642
294, 346
371,901
<• 339, 055
385, 268
370, 959
323, 847
303, 223
496.7
1, 002. 7
44.1
577.1
1,071.5
59.0
621.4
1, 155 4
61.4
529. 3
1,060 2
51.0
r
Revised.
» Preliminary.
cf Revisions to be published later are as follows: 1954 (annual data only); 1955 (annual and monthly); 1956 (January-August).
O Comprises sheathing, formboard, tilef and laminated board.
NOTE FOR WORSTED YARN PRICE, p. S-40.—Monthly indexes for 1947-56 are as follows (1947-49=100): 1947—97.9; 97.9; 97.1; 97.1; 97.1; 96.6; 96.6; 97.5; 100.3; 101.4; 102.0; 103.5;
1948—103 5 104.7; 104.7; 104.7; 104.7; 104.7; 105.2; 104.9; 104.3; 103.8; 101.5; 101.4; 1949—100.8; 99.4; 98.8; 97.5; 97.5; 97.5; 95.4; 95.4; 96.0; 96.0; 96.0; 96.6; 1950—97.9; 99.8; 99.8; 102.3; 107.4; 111.9; 115.7
126.7; 138.3; 139.7; 143.4; 170.0; 1951—193.5; 203.2; 200.7; 178.4; 172.7; 164.9; 146.8; 140.4; 122.9; 129.1; 127.8; 125.5; 1952—124.4; 119.1; 115.6; 109.9; 109.3; 110.9; 111.8; 112.7; 111.2; 110.5: 110.5; 110.5; 1953—
110.5; 109.9; 110.5; 111.2; 111.8; 113.1; 113.1; 112.4; 110.5; 109.9; 109.3; 109.3; 1954—108.0; 106.1; 105.5; 106.1; 106.1; 106.4; 106.4; 106.1; 106.1; 104.8; 103.6; 100.4; 1955—100.4; 99.8; 99.8; 97.9; 97.2; 97.2; 97.2;
96.0; 96.0; 94.7; 94.7; 94.7; 1956—96.6; 97.9; 97.2; 97.2? 97.2; 97.2; 97.9; 98.5; 99.1; 102.9; 104.7; 107.2.
SUEVEY OF CUKKENT BUSINESS
March 1958
S-39
1957
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
January
February
March
April
May
1958
June
July
Novem- DecemAugust SeptemOctober
ber
ber
ber
January
February
TEXTILE PRODUCTS
APPAREL
Hosiery, shipments
thous. of dozen pairs
Men's apparel, cuttings:f AO
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:AO
Coats
thous. of units
Dresses
_
_ _ _ _ _ _ _ _ _ _
do__ _
Suits
do
Waists blouses and shirts
thous of doz
12, 126
11, 628
12, 394
' 2, 065
'245
5,520
1,820
244
5,136
1,888
308
5,472
1
2,020
1,884
1,792
1
'245
'290
256
308
252
304
2,317
21, 277
1,347
1,194
2,391
21,709
1,411
1,246
3,174
26, 424
1,257
1,338
11, 099
11, 103
11,316
2, 045
1365
5, 640
1,820
416
5,520
1,604
384
5,328
1, 735
1,576
1,524
1265
!325
252
304
220
288
1,431
27, 189
676
1,154
1,204
27, 884
454
1,208
1,908
19, 816
680
1 151
1
13, 772
13, 805
15, 381
13, 062
1,
230
1
285
4, 500
1,692
440
5,664
1,388
320
4,848
i 1,1 665
310
1
6, 120
1,408
192
5,088
' 1, 392 i 1, 670
' 184
i 205
' 4, 944 i 5, 275
1, 270
1,504
1,516
1
1, 845
1.560
' 1, 328 i 1, 830
252
320
248
328
1265
1
340
208
292
'136
'264
2,458
18, 125
926
1,134
2,702
20, 844
996
1,249
2,362
19, 035
683
1 154
2,718
20, 578
757
1 335
2,312
18, 571
849
861
1, 536
16, 604
736
640
232
973
2,499
5 594
8,039
11, 100
1
1
1
1
1
200
265
11, 696
9,788
1210
1
335
2 212
21, 998
1 099
1 111
COTTON
Cotton (exclusive of linters) :
Production:
3
13, 088
G innings §
thous of running bales
Crop estimate, equivalent 500-lb. bales
thous. of bales..
'842,452
Consumption!
bales
Stocks in the United States, end of month,
totalf
thous. of bales ' 18, 978
' 18, 943
Domestic cotton, total
do
' 2, 137
On farms and in transit
do
r
15, 193
Public storage and compresses
do
' 1, 613
Consuming establishments
do
35
Foreign cotton, total
_ _ do
Exports
_
_ . _ bales
Imports
do
Prices (farm) , American upland
cents per Ib
Prices, wholesale, middling, 1", average 14 markets
cents per lb__
Cotton linters:
Consumption
_ thous. of bales
Production
do
Stocks, end of month
_ do ._
4
687, 905
13, 151
M3,310
690, 310
J
809,727
670, 259
648, 964
J639,776
6
666, 549
2
9 201
3
10 633
811,010
659, 651 1819,816
656, 205
571, 287
1
799, 800
22, 505
22, 466
12, 185
9,312
969
39
21, 274
21, 234
10, 542
9,634
1,058
39
19, 344
19, 305
7,257
10, 784
1,264
39
17, 573
17, 529
4,801
11, 308
1,420
45
16, 391
16, 334
2, 220
12, 549
1,565
57
417, 607
6,300
32.3
336, 088
7, 755
32.8
378, 825
31, 122
33.0
483, 654
16, 148
32.3
525, 502
27, 718
31.1
608, 635
36 670
28.2
27.4
24.9
34.0
34.0
33.6
33.2
33.5
34.3
34.9
34.8
34.6
105
70
924
92
44
843
80
35
799
104
45
724
100
107
712
107
199
786
103
178
837
100
156
876
99
156
919
46, 606
11, 798
47, 780
11, 329
2,437
47, 990
10, 369
39, 188
8,252
40, 917
9 165
p 2, 243
41, 781
7,491
46, 253
8,943
49, 519
7,704
45, 303
11, 771
28.01
36.4
16.0
16.8
27.65
36.4
16.0
16.5
27.03
36.4
15.9
16.3
26.81
36.4
15.8
16.0
26.75
36.4
15.6
16.0
27.49
36.4
15.6
16.0
27.58
36.4
15.4
15.8
26.36
36.4
15.3
15.8
24.69
36.4
15.1
15.5
24.76
36.4
15.4
15.8
25. 26
P 36. 4
Pl5. 5
v 15. 8
.669
.940
.662
.938
.662
.934
.666
.938
.663
.936
.663
.938
.666
.940
.663
.940
.660
.941
670
.957
P 670
p. 957
19, 929
19, 985
18, 365
18, 457
9,400 i 11, 281
470 1 451
10, 461
8,731
19, 781
18, 246
9,223
461
8,533
19, 740
18, 174
9,088
454
8,396
19, 754
18, 067
9 361
374
1
8, 481
19,704
18, 079
9,123
456
8,368
19, 769
18, 147
9,171
459
8,441
19, 753
18, 130
11,401
456
1
10, 475
19, 747
18, 133
8,963
448
8,231
1,692
2,400
86
5,892
1,799
1,863
382
6,495
439 8
163 8
109 6
134 7
1,599
1,902
193
5,284
1,399
2,521
331
7,307
1,680
3, 123
194
5, 958
445 3
173 9
113 4
133 5
2, 405
1,868
134
6 499
17,390
17, 345
1,638
14, 031
1,676
45
15,911
15, 867
1,157
13, 080
1,630
44
14,491
14, 448
1,080
11,877
1,490
43
13, 240
13, 200
992
10, 829
1,379
39
790,738
13, 285
30.2
807,248
7,101
30.2
786, 740
9,851
29.8
603,064
3,412
30.6
659,701
5,349
31.5
525, 108
3,607
31.9
33.4
33.8
33.8
33.9
33.9
128
187
992
114
152
1,001
118
124
988
104
85
969
46, 058
11, 430
43, 196
11, 925
2,520
58, 523
11,972
29.19
36.4
15.9
17.0
28.31
36.4
15.9
17.0
.684
.959
.676
958
12, 108
11, 323
12, 074 6 11, 284
297
798
6
10, 049
9, 859
1,128
1,227
34
39
14, 962
14, 900
1,058
12, 147
1, 695
62
COTTON MANUFACTURES
Cotton cloth:
Cotton broadwoven goods over 12 inches in width,
production Quarterly A
mil of linear yd
Exports
thous ofsq yd
Imports
do
Prices, wholesale:
Mill margins
cents per lb_
Denim, white back, 28-inch, 8 oz/yd__ cents per yd__
Print cloth, 39-inch, 68 x 72
do
Sheeting class B 40-inch, 48 x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2 carded weaving
dol per Ib
36/2 combed knitting
do
Spindle activity (cotton system spindles) :f
Active spindles, last working day, total _ thous.
Consuming 100 percent cotton
do
Spindle hours operated all fibers total mil of hr
Average per working day
do
Consuming 100 percent cotton
do
20, 231
18, 725
11,620
'465
1
10, 790
rl
20, 161
18, 639
9,411
471
8,749
1
1
25. 14
19, 606
19, 730
17, 950
18, 144
7 951 i 11,045
442
398
7,309 1 10, 199
MANMADE FIBERS AND MANUFACTURES
Fiber production, quarterly total 9
mil. of Ib
Rayon and acetate* Filament yarn
do
Staple plus tow
do
Noncellulosic (nylon acrylic protein etc )
do
Exports: Yarns and monofilaments
thous of Ib
Staple, tow, and tops__
_
do
Imports: Yarns and monofilaments
do
Staple, tow, and tops
do
Rayon and acetate:
Stocks, producers', end of month, total mil. of Ib
Filament yarn
do
Staple (incl. tow)
__ do, _
Prices, rayon, viscose:
Yarn, filament, 150 denier
dol. per Ib
Staple 1 5 denier
do
Manmade broadwoven fabrics:
Production, quarterly total 9 A thous of linear yd
Rayon and acetate (excl tire fabric)
do
Nylon and chiefly nylon mixtures
do
Exports, piece goods
thous. ofsq. yd
SILK
2,656
3,057
109
7,422
2,443
2,568
201
6,789
436.2
181.6
98.3
126 3
1,811
1,984
170
5,851
1,473
3,450
86
9,485
2,021
1,871
125
9,172
443.2
195.0
103.8
121 1
3,074
3,403
205
8,454
104.6
58.2
46.4
105.6
59.2
46.4
111.3
62.6
48.7
116.7
64.3
52.4
122.7
67.2
55.5
125.6
69.7
55.9
124.5
69.9
54.6
122.6
69.6
53.0
121. 1
68 8
52.3
122.1
69.6
52.5
124.8
70. 1
54.7
130. 4
71 8
58.6
.910
-316
.910
.316
.910
.291
.910
.291
.910
.291
.910
.291
.910
291
.910
.291
.910
311
.910
.311
.910
.311
.910
311
11, 896
559,629
364,454
85, 560
19, 156
15, 307
556, 106
358, 599
88, 621
14, 515
14, 396
553, 586
356 240
'91,754
12, 815
14, 274
577, 543
375 327
93, 188
13, 572
13, 836
15, 250
10, 671
15, 715
p. 838
v 311
524
549
557
774
1,123
570
513
553
781
Imports, raw
thous of Ib
808
815
755
4.49
4.64
4.52
4.55
P4.32
4.57
Price, raw, A A, 20-22 denier
dol. per Ib
4.40
4.34
4 33
4.60
4.53
4.46
4 48
9,119
7,611
'7,675
8,155
Production, fabric, qtrly. total A _ _ thous. of linear yd_.
r
2
3
5
Revised.
? Preliminary.
i Data cover a 5-week period.
Ginnings to December 13.
Ginnings to January 16.
* Total ginnings of 1956 crop.
December 1 crop estimate.
6
Revised to include stocks held by warehouses not formerly reporting; data for August 1956-June 1957 are understated by an unknown amount.
IData for January, April, July, and October 1957 and January 1958 cover 5-week periods (except data for men's apparel cuttings for January 1957 which cover 4 weeks) and for other months,
4 weeks; cotton stocks and number of active spindles are for end of period covered.
©Estimates beginning December 1957 for men's apparel and January 1958 for women's, etc., are based on revised samples and are not strictly comparable with those for earlier months.
December 1957 men's cuttings (old basis) in order and units as above: 1,400; 140; 4,800; 1,356; 132; 252. No overlap is available for women's, etc.
§Total ginnings to end of month indicated, except as noted.
9 Includes data not shown separately.
ARevisions for 1955-56 are available upon request.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
March 1958
1957
January
February
March
May
April
1958
June
DecemOctober NovemAugust September
ber
ber
July
January
February
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis) :^
Apparel class
thous. of Ib rr i 26,626
Carpet class.
_ . do__. * 15,039
24, 285
Wool imports, clean content
do
10, 506
Apparel class (dutiable), clean content - - --do
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
1.625
Territory,
fine
dol. perlb..
1.195
Fleece, 3/8 blood
_ _ _.do
1.525
Australian, 64s, 70s, good topmaking, in bond- -do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price}
_
1947-49=100..
111.0
Woolen and worsted woven goods, except woven felts:
Production, quarterly, totalcf
thous. of lin. yd.
Apparel fabrics, total
do
Other than Government orders, total
do _
Men's and boys'
do
Women's and children's
do _
Prices, wholesale, suiting, f. o. b. mill:
Flannel, men's and boys'
1947-49=100.
Gabardine, women's and children's
do
22,276
13, 376
21, 617
9,746
21, 482 i 25, 159
12, 654 i 14, 359
22, 546
18, 788
8,366
9,114
21, 321
9,552
15,094
7,576
21, 558
8,274
14 480
6,788
1
21 281
1
8, 508
15 411
6,245
19 277
9,779
18 051
6,604
18 377
9 554
19 101
6,953
18 425 r 13 751
11, 938 * 8, 180
14 722
11, 369
5,235
4,416
13 110
7,639
11 334
4,253
1
1
17 291
10, 121
1.625
1.188
1.575
1.622
1.170
1.575
1.645
1.181
1.575
1.675
1.270
1.595
1.675
1.271
1.625
1.675
1.272
1.625
1.675
1.285
1.625
1.638
1 265
1.625
1.560
1 232
1.605
1.500
1. 188
1.425
1.438
1.115
1.325
1.400
1.070
1.275
111.0
109.7
108. 5
112.2
112.2
112.2
112.2
112.2
109.7
104.7
99.8
97.3
77, 301
73, 345
72, 047
37, 193
34, 854
115.4
97.3
1
1
115.6
97.3
r
r
r
r
T
81, 201
77, 873
77, 105
35 481
41 624
117.2
97.3
115.6
97.3
117.2
97.3
118.0
97.3
118.0
97.3
118.0
97.3
72 580
69 113
68 210
28 876
39 334
1.375
1 021
1.275
61, 519
57 880
57, 483
25 387
32 096
118 0
100 4
115.2
100.4
118 0
100.4
115 2
100.6
115 2
103 9
TRANSPORTATION EQUIPMENT
AIRCRAFT
Manufacturers of complete types:
Aircraft, engines, propellers, parts, etc.:
Orders, new (net), quarterly total
mil. of dol__
Sales (net), quarterly total
- _ _.
do_ _.
Backlog of orders, total, end of quarter
do
For U. S. military customers
_ .._ do -_
Civilian aircraft:
Shipments
thous. of dol
Airframe weight
thous. of Ib
1
Exports (commercial and civilian) of -- - thous. of dol_MOTOR VEHICLES
Factory sales, total
number..
Coaches, total
do
Domestic
do
Passenger cars, total
_
_ _ _
do
Domestic
do
Trucks, total
_ _
do
Domestic
do _.
Exports, total
do
Passenger cars (new and used)
do
Trucks and buses
do
Imports (cars, trucks, buses'), total* .do
Passenger cars (new and used) * ..do. .
Truck trailers (incl. trailer chassis), prod
do
Complete trailers
_ _
__do_-Vans
_ _
do
Registrations:
New passenger cars
do
New commercial cars.
_
_ _ _
do
RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
- _
_ _ _ _ number
Equipment manufacturers, total
do
Domestic
... _
do . _ _
Railroad and private-line shops, domestic- -do
New orders, total c?1
do
Equipment manufacturers, total
. do .
Domestic _ do
Railroad and private-line shops, domestic-do
Unfilled orders, end of month, total- _
_ do
Equipment manufacturers, total
do
Domestic.-.
_-_do
Railroad and private-line shops, domestic- -do
Passenger cars (equipment manufacturers) :
Shipments, total._. do __
Domestic
do
Unfilled orders, end of month, total-_ do
Domestic
.do__Association of American Railroads:
Freight cars (class !):§
Number owned or leased, end of month
thous_Held for repairs, percent of total owned
Locomotives (class I):
Steam, owned or leased, end of month.. ..thous .
Held for repairs, percent of total owned
Diesel-electric and electric:
Owned or leased, end of mo N o. of power units. Serviceable, end of month
do
Installed in service (new)
_
do_ _
Unfilled orders, end of month
do
Exports of locomotives, total (railroad-service and industrial types) _
_ number ,
1,524
3,015
16, 304
10, 557
2,128
2,669
17, 795
11,801
r
T
r
1,075
2,948
14, 431
9,161
48, 431
1, 574. 9
23,067
49, 278 r 46, 636
1, 554. 0 1,625. 6
16, 516
9,901
719, 431
269
257
628, 045
610, 678
91,117
73, 208
30, 210
14, 751
15, 459
16, 555
16, 101
5, 032
4,783
2,625
662,028
238
234
570, 023
556, 930
91, 767
73, 693
23, 534
10, 638
12, 896
15, 254
14, 813
5,090
4,832
2,654
677, 778
341
307
585, 734
569, 242
91, 703
73, 523
43, 724
18, 673
25, 051
22, 223
21, 435
5, 555
5,263
2,608
647, 414
506
410
541, 733
526, 310
105, 175
84, 410
34, 723
14, 029
20, 694
22, 262
21, 549
5,536
5,278
2,580
640,386
462
309
537, 112
522, 759
102,812
82, 930
34, 956
14, 635
20, 321
21, 536
20, 701
5,574
5,316
2,665
591, 039
389
332
496, 329
484, 840
94, 321
76, 859
28, 306
10,901
17, 405
21, 836
21, 261
5, 110
4,603
2,364
581,075
309
302
484, 718
474, 635
96,048
76, 856
24, 221
9,562
14, 659
23 332
22, 753
4, 111
3,969
2,084
611,749
315
281
521, 282
513, 290
90, 152
74, 212
27 459
9,977
17 482
24 466
23,698
5 258
4,322
2 529
381,653
243
187
318, 279
315, 008
63 131
51, 016
17 399
5 023
12 376
19 919
19 200
4 667
4,184
2 522
437, 320
56, 979
438, 725
62,129
572, 917
74, 668
548, 609
75,438
556, 324
82, 308
517, 043
71, 335
543, 264
79, 117
491 839
77 053
495 217
78 156
8,403
4,686
4,686
3,717
r 6, 754
r
2, 182
' 1, 637
4,572
115, 601
56, 493
55, 548
59, 108
8,184
4,576
4,576
3,608
4,389
2, 202
1,865
2,187
113, 247
53, 134
51, 852
60, 113
r 9, 774
817
817
>• 2, 382
108, 990
48, 337
47, 055
60, 653
' 9, 016 ' 8, 961
r 5, 253 r 5, 261
'5,183
3,700
T
rr 3, 729
6,
453
r
2, 375
6, 404
r 6, 404 r 1, 907
1,354
49
106, 472
98, 604
49, 540
46, 663
48, 258
45, 065
56,932
51,941
9
3
840
728
23
11
832
732
6
3
836
739
11
7
825
732
41
6
789
727
65
17
738
722
27
15
721
717
43
40
678
677
187
185
507
492
1,712
4.1
1,716
4.2
1,720
4.1
1,724
4.4
1,727
4.5
1,730
4.5
1,731
4.9
1,735
5.0
4
14.6
3
17.3
3
16.6
3
17.5
3
18.2
3
18.3
3
18.1
26, 926
25, 864
117
787
27, 060
26, 002
127
867
27, 125
26, 078
133
747
27,234
26, 123
114
693
27, 383
26, 423
119
582
27, 453
26, 400
125
462
69
49
79
64
37
62
r
r 5, 613
57, 980
1,886. 6
26, 620
r
84, 136
2,558. 0
16, 509
' 5, 613 r 5, 253
3,763
4,161
' 3, 199
r
69 497
2,114.0
24, 495
r
r
r
r
r
r
47 213
1,480 8
15, 317
62 311
44 856
1 430 8 1,903 2
14 340
380,176
233
232
291, 064
282 510
88 879
73, 707
18 053
6 273
11 780
27, 744
26, 389
4 598
4,369
2 512
678,598
241
206
583, 783
560 141
94 574
78, 928
30 324
16, 000
14 324
26, 945
26. 173
3 974
3,631
2 018
642,856 558, 518 *>2466,100
v 2 310
325
287
293
253
555 242 478, 416 p2392 500
536 369 459 674
87 327
79 777 p2 73 400
72, 030
64, 008
34 502
19 628
14 874
31 319
30, 429
3 692
3,380
1 903
463 795
76, 899
408 534
61 920
512 136
62, 160
381 932
7,260
4,033
3,915
3,227
1 090
977
957
113
60, 238
25, 442
24, 398
34, 796
6,507
3,802
3,469
2, 705
3,506
3,127
3, 103
379
56, 676
24, 496
23, 761
32, 180
7,371
4,988
4, S36
2,383
401
375
375
26
49, 370
19, 797
19, 211
29, 573
5,511
3,721
3,526
1,790
294
215
215
79
44 138
16, 276
15, 888
27, 862
387
376
143
139
5
5
134
134
37
37
97
97
39
39
80
80
18
18
67
67
1,739
4.9
1,742
4.9
1,745
5.0
1,747
5.1
1,749
5.4
3
17.4
3
17.7
3
21.0
3
22.2
2
21.5
2
23 6
27, 548
26, 462
112
395
27, 602
26, 580
73
320
27, 670
26, 569
99
296
27, 695
26 702
56
295
27, 859
26 773
160
488
27, 932
26 897
81
443
28 047
26 989
120
323
54
50
51
69
68
68
70 649
2,096. 0
19, 682
r 8, 656
r 4, 908
••4,717
3,748
r
4, 729
T
' 7, 893
' 4, 832
r 4, 685
3,061
r
1, 058
r I, 978
'782
' 782
'r 1, 978
276
2, 751
86, 489
93, 217
43, 853 39, 864
42, 446
38, 604
46, 625
49, 364
62 990
1,950. 6
31, 298
8,887
4,716
4,587
4,171
r
2 852
1,082
1,068
' 1, 770
80, 477
36, 203
34, 984
44, 274
r
54 911
1,641. 1
19, 408
8,500
4,947
4,897
3,553
3 212
1, 708
1, 708
1,504
73,150
32, 954
31, 785
40, 196
r
45 687
1,456 5
24, 728
8,328
4, 850
4,817
3,478
r
2, 208
'528
' 522
1,680
66, 860
28, 602
27, 460
38, 258
T
r
l
2
Revised.
*> Preliminary.
Data cover a 5-week period.
Preliminary estimate of production.
IfData for January, April, July and October 1957 and January 1958 cover 5-week periods; other months cover 4 weeks. d"Revisions for 1955 (freight-car orders) and 1956 will be shown later.
{Beginning with this issue of the SURVEY, the price is expressed as an index, 1947-49=100. Monthly data for 1947-56 are shown at the bottom of p. S-38.
*New series (from Bureau of the Census). Data cover complete units, chassis, and bodies.
§Excludes railroad-owned private refrigerator cars.
U . S . G O V E R N M E N T P R I N T I N G O F F I C E : 1958
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Sections, by general subject:
General business indicators
1-5
Commodity prices
5-7
Construction and real estate
,7,8
Domestic trade
...
8-11
Employment and population
11--15
Finance
16-20
International transactions of the U. S
21, 22
Transportation and communications-.
23, 24
Chemicals and allied products
24-26
Electric power and gas
26,27
Foodstuffs and tobacco
.
27-30
Leather and products
30,31
Lumber and manufactures _ _
31, 32
Metals and manufactures
32-34
Petroleum, coal, and products
35,36
Pulp, paper, and printing
36, 37
Rubber and rubber products
37,38
Stone, clay, and glass products
38
Textile products
39, 40
Transportation equipment
40
Advertising
8, 9
Agricultural employment _ _ ~ _
11
Agricultural loans and foreign trade
16,17, 21, 22
Aircraft and parts
2,12, 13, 14, 15, 40
Airline operations
23
Alcohol, denatured and ethyl
24
Alcoholic beverages
2, 6, 8, 27
Aluminum
33
Apparel
2, 3, 6, 8, 9, 10, 12, 13,14, 15, 39
Asphalt and asphalt and tar products
36
Automobiles-__ 2, 3, 8, 9,12, 13,14,15, 16, 17, 22, 40
Bakery products
_ _ 2, 12, 13, 14, 15
Balance of payments
21
Banking
_
14,16
Barley
_.
. 28
Barrels and drums
32
Battery shipments
34
Beef and veal
.
29
Beverages
2, 6, 8, 12, 13, 14, 15, 27
Blast furnaces, steel works, etc
12,14,15
Blowers and fans
_
34
Bonds, outstanding, issued, prices, sales,
yields
17, 18,19, 20
Book publication
37
Brass and bronze
33
Brick_____-.-__
38
Brokers' loans and balances
16, 19
Building and construction materials
8, 9, 10
Building costs
8
Business incorporations (new), failures
5
Business sales and inventories
.
3
Butter____
27
Cans (metal), closures, crowns
_
32
Carloadings
23
Cattle and calves
29
Cement and concrete products
6, 38
Cereal and bakery products
6, 12, 13, 14, 15
Chain-store sales, firms with 4 or more and 11
or more stores
10
Cheese—
27
Chemicals
.... 2, 3, 4, 6, 12, 13, 14, 15, 19, 22, 24
Cigarettes and cigars
6, 30
Civilian employees, Federal
12
Clay products-..
6,38
Coal_
_
3, 6, 11, 13, 14, 15, 22, 23, 35
Cocoa .
_22,29
Coffee.
.....
22,30
Coke
23,35
Communications
11,13, 14, 15, 19, 20, 24
Confectionery, sales
.
29
Construction:
Contract awards.
7
Costs
8
Dwelling units
7
Employment, hours, earnings, wage rates-11,
Highways and roads
7, 8, 15
New construction, dollar value
1,7
Consumer credit
16, 17
Consumer durables output, index
3
Consumer expenditures
1,9
Consumer price index
6
Copper
22,33
Corn
.
28
Cost-of-living (see Consumer price index)
6
Cotton, raw and manufactures
2, 5, 6, 22, 39
Cottonseed, cake and meal, oil
25
Credit, short- and intermediate-term
16, 17
Crops
2,5,25,26,28,30,39
Crude oil and natural gas
3,11, 13, 14, 15
Currency in circulation
18
Dairy products
2, 5, 6, 12, 13, 14, 15, 27
Debits, bank
16
Debt, United States Government
17
Department stores
9,10,11,17
Deposits, bank_
_ _ _ 16,18
Disputes, industrial
13
Distilled spirits
27
Dividend payments, rates, and yields
1,19, 20
Drug-store sales
9,10
Dwelling units, new
7
Earnings, weekly and hourly
14,15
Eating and drinking places
9, 10
Eggs and poultry
_ 2, 5, 29
Electric power
6, 26
Electrical mach.and equip. 2,3,6,12,13,14,15,19,22,34
Employment estimates and indexes
11,12
Employment Service activities
13
Engineering construction
7, 8
Expenditures, United States Government
17
Explosives
25
Exports (see also individual commodities)
21, 22
Express operations
23
Pages marked S
Failures, industrial and commercial
5
Farm income, marketings, and prices
1, 2, 5, 6
Farm wages
15
Fats and oils, greases
„
6, 25, 26
Federal business-type activities
17
Federal Government
finance
17
Federal Reserve banks, condition of
,
16
Federal Reserve reporting member banks
16
Fertilizers
_ _ _ - 6, 25
Fire losses
,
8
Fish oils and
fish
,_ 25, 30
Flaxseed
25
Flooring _ _
31
Flour, wheat
29
Food products
2,3,4, 5,
6, 8, 9, 10, 12, 13, 14, 15, 19, 22, 27, 28, 29, 30
Foreclosures, real estate
8
Foreign trade
. 21, 22
Foundry equipment
.
34
Freight carloadings
23
Freight cars (equipment)
.
40
Freight-car surplus and shortage
23
Fruits and vegetables
,_ 5, 6, 22, 28
Fuel oil
.
35
Fuels
„ _ _ _ 6,35,36
Furnaces
34
Furniture
2, 3, 6, 9, 10, 12, 14, 15, 17
Furs_
22
Gas, prices, customers, sales, revenues
6, 26, 27
Gasoline
_ _ 9,36
Glass products
38
Generators and motors
34
Glycerin
24
Gold
18,21
Grains and products
5, 6, 22, 23, 28, 29
Grocery stores
9, 10
Gross national product
1
Gross private domestic investment
1
Gypsum and products
6, 38
Hardware stores
9
Heating apparatus
6, 34
Hides and skins
6, 22, 30
Highways and roads___
7, 8,15
Hogs
.
29
Home Loan banks, loans outstanding
.
8
Home mortgages
8
Hosiery
.
39
Hotels
.
„
11, 13, 14, 15, 24
Hours of work per week
12, 13
Housefurnishings
6, 8, 9, 10
Household appliances and radios
3, 6, 9, 34
Imports (see also individual commodities)
21,22
Income, personal
1
Income and employment tax receipts
17
Industrial production indexes
2,3
Installment credit
16,17
Installment sales, department stores
10
Instruments and related products. 2, 3, 12, 13, 14, 15
34
Insulating materials _
Insurance, life
18
Interest and money rates
16
Inventories, manufacturers' and trade
3 4, 10, 11
Iron and steel, crude and manufactures
2,
6,8, 12, 14, 15, 19, 22, 32,33
35
Kerosene
13,14
Labor disputes, turnover
11
Labor force
Lamb and mutton
.
,._
29
29
Lard
33
Lead____
Leather and products
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
Locomotives36
Lubricants
Lumber and products
2,
3, 4, 6, 8, 9, 10, 12, 14, 15, 19, 31,32
Machine tools
.
34
Machinery
2, 3, 4, 5, 6,12, 13, 14, 15, 19, 22,34
Mail-order houses, sales
11
Manmade fibers and manufactures
6,39
Manufacturers' sales, inventories, orders
3,4,5
Manufacturing production indexes
2,3
Manufacturing employment, production workers, payrolls, hours, earnings
11, 12, 13, 14,15
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
27
Milk
.
Mining and minerals
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
1
National income and product
24
National parks, visitors
National security expenditures
1,17
Newsprint
22,37
19,20
New York Stock Exchange, selected data
Nonferrous metals
2, 6, 12, 14, 15, 19, 22,33
Noninstallment credit
...
17
Oats
28
Oil burners
34
Oils and fats, greases
6, 25, 26
Orders, new and unfilled, manufacturers'
5
Ordnance
12,14,15
Pages marked S
Paint and paint materials
6, 26
Panama Canal traffic
23
Paper and products and pulp._
2,
3,4, 6,12,13,14, 15,19,36, 37
Passports issued
24
Payrolls, indexes
12
Personal consumption expenditures
1,9
Personal income
1
Personal saving and disposable income
,_
I
Petroleum and products
!„
2,
3, 6,12,13, 14, 15, 19, 22, 35,36
Pig iron
32
Plant and equipment expenditures
2,19
Plastics and resin materials
26
Plywood
32
Population
11
Pork
29
Postal savings
16
Poultry and eggs
_ 2, 5, 29
Prices (see also individual commodities):
Consumer price index
6
Received and paid by farmers
5
Retail price indexes
6
Wholesale price indexes
6
Printing and publishing
2, 3, 12, 13, 14,15, 37
Profits, corporation
1, 19
Public utilities. 2, 6, 7,11,13,14,15,18, 19, 20, 26, 27
Pullman Company
24
Pulp and pulpwood
36
Pumps
34
Purchasing power of the dollar
7
Radiators and convectors.
34
Radio and television
3,6,8,34
Railroads
2, 11,12,13,14, 15, 19, 20, 23, 40
Railways (local) and bus lines
11,13,14,15, 23
Rayon and acetate
39
Real estate
8,16
Receipts, United States Government
17
Recreation
6
Refrigeration appliances, output
34
Rents (housing)
6, 9
Retail trade, all retail stores, firms with 4 or
more and 11 or more stores, general merchandise, department stores. 3, 5,9,10,11,13,14,15,17
Rice
28
Roofing and siding, asphalt
36
Rubber and products
2,
3, 4, 6,12,13,14,15, 22,37,38
Rye
28
Saving, personal
.
1
Savings deposits
16
Securities issued
19
Services
1, 9,11,13,14,15
Sheep and lambs
29
Ship and boat building
12,13,14, 15
Shoes and other footwear... 6, 9,10,12,13,14,15, 31
Shortening
26
Silk, prices, imports, production
6, 39
Silver
18
Soybeans and soybean oil
26
Spindle activity, cotton
39
Steel ingots and steel manufactures (see also
Iron and steel)
2,32,33
Steel scrap
32
Stocks, department stores
11
Stocks, dividends, prices, yields, earnings,
sales, listings
20
Stone and earth minerals
3
Stoves
34
Sugar_._
22,30
Sulfur
25
Sulfuric acid
24
Superphosphate
25
Tea imports
30
Telephone, telegraph, cable, and radio-telegraph carriers
_
11, 13,14, 15, 20, 24
Television and radio___
3, 6, 8, 34
Textiles and products-.
2,
3, 4, 6,12,13, 14, 15, 19, 22, 39, 40
Tin
22,33
Tires and inner tubes
6, 9, 10, 12, 13, 14,15, 38
Tobacco and manufactures
2,
3,4,5,6,8,12,13,14,15,22,30
Tools, machine
34
Tractors
22,34
Trade, retail and wholesale
3,
5, 9,10,11,13,14, 15,17, 20
Transit lines, local
23
Transportation and transportation equipment
2,3,4,5,6,9,
10, 11, 12,13, 14,15, 19, 22, 23, 24, 40
Travel
24
Truck trailers
40
Trucks
___.._
2,34,40
Unemployment and compensation
11,13
United States Government bonds.. 16,17,18, 19, 20
United States Government
finance
17
Utilities
2, 6, 7,11, 13,14,15,19, 20, 26, 27
Vacuum cleaners
34
Variety stores
9,10
Vegetable oils
25, 26
Vegetables and fruits
5,6,22, 28
Vessels cleared in foreign trade
23
Veterans' benefits
13, 17
Wages and salaries
_ _ 1,14, 15
Washers
_..
34
Water heaters
34
Wheat and wheat
flour
28, 29
Wholesale price indexes
6
Wholesale trade
3, 5,11,13,14,15
Wood pulp
36
Wool and wool manufactures
2, 5, 6, 22,40
Zinc.
33
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'OW
U. S. INVESTMENTS
IN THE LATIN AMERICAN
ECONOMY
A comprefiensfVe study of the role of
U. 5. industry in the developing countries
of Latin America.
•
U. S. Investments in the Latin American Economy reveals basic facts about private
foreign investment
essential
for a clear understanding of the significance of such
investments in other developing countries.
New data include:
Production—for export and local consumption.
Taxes paid—contributions to government
revenues.
Foreign Exchange—earned and saved.
Payments to local suppliers—incomes
stimulated.
Employment—wage and salary
mcnts.
Gross capital outlays—and sources of
funds.
pay*
SEPARATE SECTIONS COVERING
Industries:
Petroleum, Manufacturing, Mining and Smelting, Agriculture, and Public Utilities.
Countries: Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, Venezuela, and Central
America.
This 194-page report contains more than 100 charts and 123 tables in a separate
statistical section—the complete results of a study for which preliminary findings
appeared earlier in Survey of Current Business. For sale by the Superintendent of
Documents, U. S. Government Printins Office, Washinston 25, D. C. Price $1.75
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