Full text of Survey of Current Business : November 1952
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NOVEMBER
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1952
SURVEY
OF C U R R E N T
BUSINESS
No. I!
N O V E M B E R 1952
PAGE
THE BUSINESS SITUATION
Review of National Income and Product in the Third
Quarter
.•
*
*
NEW OR REVISED STATISTICAL SERIES
New Series on Retail Store Inventories
Manufacturers' New and Unfilled Orders
Business Inventories and Sales . . .
Personal Consumption Expenditures
*
3
*
SPECIAL ARTICLE
Financial Experience of Large and Medium Size
Manufacturing Firms, 1927-51
*
1
7
14
17
18
20
*
MONTHLY BUSINESS STATISTICS. . . . .S-ltoS-40
Statistical Index . . . . . . . . . . . Inside Back Cover
Published by the U. S. Department of Commerce, C H A R L E S S A W Y E R ,
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NOVEMBER 1952
THE
U6ine66 SITUATION
By the Office of Business Economics
NATIONAL PRODUCT
INDEX, 1st iuiif 1950-100
140 J
' I4°
GROSS NATIONAL PRODUCT
130
130
120
1IO
l I t I too
100
1
4
1950
2
3
-
4
I
i95f
WOEX, i&t tortf (950*100
130
INDEX, J$f half 1950 »IOP
300 60VT. PURCHASES OF
GOODS AND SERVICES
JJUSINESS activity has advanced on a broad front into
midautumn. Industrial production moved up in October and
early November as steel mills turned out raw steel in recordbreaking volume and larger numbers of automobiles rolled
off the assembly lines. Personal income has continued to
rise. Consumer spending was maintained at most retail
stores, but with more cars available September sales of
automotive stores, seasonally adjusted, increased sharply
and were chiefly responsible for a 3-percent rise in sales of
all retail stores during the month.
Since manufacturing operations, despite their current high
rate, were less than the inflow of new orders, unfilled orders
rose during September. The total at month end stood at
$75 billion of which nearly $72 billion were for durable goods.
Even in the nondurable goods lines, where unfilled order
accumulations are ordinarily not large, new orders continued
to run ahead of shipments as they have since May.
Notwithstanding the large volume of demand, a feature
of price development of recent weeks has been a recurrence
of weakness in the quotations of various basic raw materials
in both domestic and foreign markets as available world
supplies have grown in quantity. Heavy agricultural marketings in October lowered prices of farm products and processed foods below June figures, the recent lows, while
industrial raw materials also fell back to their June position.
FEDERAL
Civilian employment down seasonally
200
ISO
too
OF DOLLARS
20
INDEX, U* fefljf I95O«IOO
CHANGE IN BUSINESS
INVENTORIES*
GROSS PRIVATE
FIXED INVESTMENT
120
10
too
I
I
4
<
£
a
4
1952
1950
4
1950
SEASONALLY
srrweew FIRST HAUF ideo ANO SACK
F*C£ OF a
225878°— 52
1
i
2
J_
5
1951
4
1
2
3
1952
Chiefly because of the usual seasonal decline in agricultural
operations civilian employment was 400,000 less in October
than in September. Employment in nonagricultural enterprises was off only 100,000. Since the drop in employment
was more than offset by a shrinkage of 700,000 in the civilian
labor force, occasioned in part by a further return movement
of students to school, unemployment also declined by 150,000
to 1.3 million, the lowest since the war. Employment in
civilian nonagricultural lines, aggregating 54.6 million, was
the largest for any October on record.
Industrial output higher
Industrial production continued to rise in October although
the increase was held down by walkouts extending over a
period of a week or more at coal mines. While the shutdown reduced coal output by nearly one-third from the
high volume of September, above-ground coal stocks, which
amounted to over 80 days' supply, were adequate to prevent
any loss of production.
Steel mills operated in October at an average rate of 106
percent of rated capacity as of the start of this year when
capacity was approximately 5 million tons lower than at
present. This was equivalent to about 2.2 million tons of
November 1952
SURVEY OF CURRENT BUSINESS
ingots and castings per week and 9.7 million for the month—
an annual rate of over 115 million tons.
In the automobile industry, assemblies of passenger cars
and trucks were more than one-tenth above September with
completions of nearly 620,000 units, the highest monthly
total since June 1951. Activity in plants producing television receivers likewise moved a notch higher as October is
usually a month of seasonally high output. Assemblies rose
progressively during the month until a volume of close to
200,000 sets was reached in the third week, the largest
weekly output since November 1950.
Other industries participating in the broad industrial
advance were machinery, aircraft, shipbuilding, and radios
among the durables, and textiles, paperboard, rubber products, and industrial chemicals-—which also set a new high—
among the non durables. An exception to the general upward
trend is the freight car building industry where output in
recent months has been severely limited by the difficulty of
obtaining the necessary heavy types of steel.
High construction activity sustained
New construction put in place during October totaled
$3 billion, the drop from September being somewhat less than
the usual seasonal decline. Private construction, amounting to
around $2 billion for the fourth straight month, reflects the
continuing high rate of investment in fixed capital, with
residential building accounting for over $1 billion.
Growing adequacy of materials supplies
As mentioned earlier, there was a recurrence of weakness in
the prices of various basic raw materials during October.
Prices received by farmers dropped 2 percent further under
seasonal pressure of heavy marketings of crops and animals.
Prices of meat animals, cotton, and corn yielded the most.
But industrial raw materials also gave ground as the Bureau
of Labor Statistics' index of 16 industrial raw materials
prices declined 3 percent from the September average to the
end of October. In addition to cotton, prices of lead and
zinc accounted for most of the drop.
This recurrence of weakness among raw and semiprocessed
materials prices indicates the growing adequacy of supplies
relative to current very large requirements. Notwithstanding substantial declines since early 1951, prices of many raw
and semiprocessed materials are still above the general price
level in the extent of their rise since the outbreak of hostilities
and therefore still attractive to producers. In addition,
major programs undertaken by the Government to stimulate
expansion of facilities for producing and processing materials
are now yielding results in the shape of enlarged productive
capacity and rising output.
Steel ingot capacity, for instance, has increased from approximately 101 million to 113 million tons since the Korean
aggression with an additional 10 million scheduled to be in
place by early 1954; steel ingot output in October was at the
rate of 116 percent of the capacity of July 1, 1950. Aluminum capacity, currently about 1.1 million tons, is expanding
toward a goal of 1.7 million tons set for January 1955; domestic aluminum supplies—production plus net imports—
are now approximately 30 percent above those available in
January-June 1950. In the case of rubber, domestic production of the chemical grade plus imports of the natural
material in the first half of this year were 51 percent larger
than in the corresponding period of 1950.
Plans for the expansion of productive capacity and output
include many other materials. Among them are petroleum,
copper, manganese, titanium sponge, molybdenum, lead,
zinc, tungsten, uranium, fluorspar, and iron ore. Government
aid is extended to such projects through tax amortization
certificates, purchase contracts, exploration contracts, and
premium payments to marginal producers. The program
also includes plans for increased imports of strategic materials.
Suspension of controls
The increased availability of supplies relative to requirements has enabled Defense Mobilization officials to ease or
lift price and materials controls on many individual commodities. The National Production Authority revoked or liberalized controls on various chemicals such as polyethylene,
sulfur, sulfuric acid, and resorcinal; metals such as antimony,
bismuth, cadmium, lead, platinum, tin, zinc, and zirconium;
Table 1.—Raw Materials: Suppliers' stocks on July 1 in Relation to Average Monthly Consumption or Shipments, January to June
Consumption or
shipments,
JanuaryJune
average
Commodity
Aluminum primary
Copper, refined
__ .
Lead, refined
Zinc, slab
Tin pig
Iron and steel scrap, purchased
Bituminous coal
_
Petroleum, crude _ -_ .
Lumber
Woodpulp, all grades
Waste paper
_ __
_ _
Vegetable oils, total crude.
_
Alcohol, ethyl
Sulfur
Fertilizer, superphosphate, bulk
Cotton, raw
Rayon,
Rayon, staple
Rubber, natural
Rubber, chemical
1
2
q
filament
short tons
__do__
do
__ _ d o _ _
long tons
1,000 short tons
114, 079
30 854
86 063
5 659
2, 675
do
1,000 barrels. .
1,000,000 board feet
1.000 short tons
short tons__
36 685
163, 550
3 127
1,328
615, 179
1,000,000 pounds _
1,000 proof gallons. _
1 000 long tons
1,000 short tons..
fiber
1,000 running bales..
1,000 pounds..
do
long tons
do
Adjusted for steel strike.
Production.
Withdrawals for denaturation and tax-paid.
59 399
3
1952
1951
1950
Stocks,
July l
Ratio of
stocks to
consumption or
shipments
Consumption or
shipments,
JanuaryJune
average
Consumption or
shipments,
JanuaryJune
average
Stocks,
July 1
Ratio of
stocks to
consumption or
shipments
0 176
544
728
206
6 025
887
75 985
109 830
37 870
i 179' 188
4 274
i 3 048
13 753
70 856
58 190
63 342
26* 301
4' 973
0 181
645
1 537
800
6 154
1 631
39 706
194, 415
3 129
1 506
845, 635
76 992
248 170
7 034
440
490, 788
1 939
1.276
2 248
.292
.580
34 953
192 506
2 970
1 456
634, 309
80 744
285 964
8 204
552
548, 623
2 310
1 485
2 762
379
. 865
0 244
439
2 237
309
7 535
1 365
68
111
45
76
5
3
51 376
242, 287
5, 851
1 400
1.481
1 871
306
.576
406
Ratio of
stocks to
consumption or
shipments
997
912
308
791
091
941
14 500
50, 350
69 025
26, 665
42 644
3,652
354, 200
Stocks,
July 1
038
894
725
789
326
314
11
60
33
15
32
2
4
2 424
2
954
1,032
23, 248
2 956
1,194
2.370
.713
6 972
1.252
453
3 44, 838
2 432
2 1, 008
1,028
99, 684
2 720
1,095
2.269
2.223
6 296
1.087
477
3 40, 463
2
442
2
1,042
1,054
74, 420
2 902
1,239
2 212
1.839
6 566
1.189
774
75, 900
24 200
60, 415
39 426
7,463
14, 400
5 900
99, 457
65 346
9.642
.190
244
1 646
1 657
914
80, 700
26 900
39 907
61 168
2,958
12,700
4 200
68, 369
78 154
3.236
.157
156
1 713
1 278
777
62, 700
24 000
36 203
68 127
78, 800
15 200
72' 995
151 324
3,307
4. 256
1. 257
635
2 Olf
2 221
435
32,610
4
June 1.
Source: U. S. Department of Commerce, Office of Business Economics.
November 1952
SURVEY OF CURRENT BUSINESS
and many other materials including paper, paperboard, and
rubber. The Office of Price Stabilization suspended price
controls on raw cotton, wool, most yarns, and practically all
textiles; hides and leather; fats and oils; and many kinds of
fabricated products. The International Materials Conference was able to disband its committees for wool, cotton and
cotton linters, and paper and pulp as the result of increasing
supplies of these materials.
Suppliers' materials stocks larger
Chiefly because of the high rate of production and—in
some instances—of imports, suppliers7 stocks of many raw
materials are now larger than was the case last year, both in
quantity held and in relation to consumption. Little is
known about stocks in hands of fabricators, but the Federal
Government's stockpile of stragetic and critical materials
was increased by one-sixth during the first half of this year.
The following table shows the current ratio of suppliers'
stocks to average monthly consumption or shipments for a
number of basic materials. The ratio indicates the numbers
of average months' consumption or shipments carried in
stock on July 1 for the last 3 years. The chief significance
of the table is in the relative change of stocks of individual
materials this year as compared to 1950 and 1951.
Review of National Income and Product
• • • in the Third Quarter
X HE market value of the Nation's production of goods and
services, as measured by the gross national product, was $343
billion in the third quarter, showing only a small increase
over the second quarter annual rate. A complete estimate
of the incomes generated by this production is not yet available, because of lack of data on third quarter corporate
profits. However, the sum of all other production incomes
was at an annual rate of $250 billion in the third quarter, as
compared with $246 billion in the second. In conjunction
with the moderate price rise that occurred over the same
period, this evidence indicates that changes in the value and
volume of national output from the second to the third
quarters were confined to narrow limits.
The steel strike and its subsequent settlement made for an
uneven flow of economic activity during the quarter. This is
reflected in the monthly movement of personal income, which
measures the income receipts of persons from all sources.
From an annual rate of $267 billion in June this aggregate
dropped to $264 billion in July and rose again to $270 billion
in August and to $273 billion in September.
Although steel production recovered quickly after the
settlement-—from 18 percent of the industry's rated capacity
in June and July to 92 percent in August, and 101 percent in
September—the resumption of full-scale production by some
of the principal steel users that had been adversely affected
took somewhat longer. This was due to the inevitable timelags involved in bringing inventories back into balance for
capacity operations. Aside from the iron and steel industry
itself, the automobile industry experienced the widest swings
in output during this period.
The impact of the steel stoppage on production in the
metalworking industries dampened sales of hard goods
throughout the economy. National security outlays, business expenditures for new plant and equipment, and consumer spending for durables, mainly automobiles, were all
affected.
Business activity accelerated at end of quarter
In September, however, business activity stood well above
the quarterly average and producers were operating against
a substantially increased backlog of unfilled orders. An
appreciable pickup in many of the consumer goods manu
facturing lines became increasingly evident during the quarter. The resurgence of activity has been particularly
notable in apparel and textiles, though many of the consumer
hard goods, such as furniture, radios and television, have
also displayed considerable improvement.
The advance in business activity in these lines stems partly
from larger consumer buying but, more importantly, from
increased purchases by wholesalers and retailers. In prior
quarters distributors had been supplying part of current
consumer demand by reducing their inventory holdings.
With the gradual elimination of surplus stocks, distributors'
purchases have been stepped up in the third quarter, and
output brought closer to final demand.
Demand for Gross National Product
Third-quarter Government purchases of goods and services—Federal, State, and local combined—amounted to $78
billion on an annual rate basis, the same as in the preceding
quarter. The largest component, national security expenditures, continued approximately at an annual rate of $50
billion. This rate was one-fifth greater than that of the
third quarter of 1951.
Advance in security expenditures interrupted
The September quarter has been the first since the start of
the post-Korean defense buildup in which total national
security outlays did not advance. The interruption of the
steady advance of these outlays is a temporary development
attributable mainly to effects of the work stoppage in the
steel industry and, to a lesser degree, to the reduction in
stockpile deliveries from the high second-quarter rate.
For the past several quarters the principal advances in defense expenditures have been concentrated in hard goods—
planes, tanks, and other military equipment—and in military
construction, and it is in these categories that the bulk of the
increases yet to come are scheduled'. Military and defenserelated civilian payrolls, and the closely associated expenditures for food, clothing, and other soft goods have stabilized
over the course of the past year.
Following the steel settlement the National Production
Authority announced an emergency program to expedite the
SUKVEY OF CURRENT BUSINESS
flow of steel into defense work. This program was designed
to give precedence to military, atomic energy, and machine
tool orders so as to fulfill outstanding commitments under
second- and third-quarter allotments, and to insure the deliveries of fourth-quarter allotments. Toward this end the ceilings on inventory accumulations of steel-controlled materials
were temporarily lowered by one-third to keep steel moving
into production lines.
Consumer spending firm
Personal consumption expenditures remained unchanged in
the third quarter at an annual rate of $215 billion despite the
sharp drop in automotive expenditures. The latter amounted
to approximately $2}£ billion and offset the net advance of
like magnitude in many other lines of consumer spending.
This is in sharp contrast to the first- to second-quarter
movement when the upsurge of automobile expenditures,
amounting to $1% billion at an annual rate, accounted for
PERSONAL INCOME resumes moderate
rise following steel settlement
November 1952
were more than one-fifth below the second-quarter rate.
This more than offset the strong advance that had been
registered in the June quarter and temporarily reduced the
aggregate of such expenditures to $9 billion at annual rates—
the lowest point reached since the first half of 1949.
Sales pick up in other consumer durables
In contrast to the sharp decline in automotive expenditures, third-quarter outlays for other consumer durables
showed an advance of $% billion at annual rate over the
preceding quarter. The advance, which was concentrated
in furniture, television sets, and household equipment, was
particularly noteworthy in view of the lagging state of consumer demand in this area over the past year. It suggests
that the retarding effects on subsequent buying of the
abnormal spending waves that occurred during the first nine
months following the Korean invasion have been largely
worked off. The advance in hard-goods expenditures was
reinforced by the easier credit terms available to consumers
after Regulation W was suspended early in May.
Purchases of nondurables stable
Purchases of nondurable goods rose to an annual rate of
$119 billion in the third quarter as compared with $118
billion in the second. Food expenditures, which comprise
approximately three-fifths of the nondurables total, accounted for the bulk of this advance. Most of the change
was associated with higher average prices for food for the
quarter as a whole. In September, however, retail food
prices registered a moderate decline.
Consumer expenditures for services in the third quarter
were at an annual rate of $72 billion, $1 billion higher than
the preceding quarter. The increases in expenditures extended to most of the major categories of services, with the
exception of housing operation. The latter, which is primarily ^ comprised of household utilities, telephone and
domestic service, has been stable in the aggregate since the
opening quarter of the year.
BILLIONS OF DOLLARS
300
250
200
150
Aggregate domestic investment rises
100
EMPLOYEE INCOME \
50
,*^
.L1> i i i
II. i I I
1951
1952
MONTHLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
the total increase in personal consumption—the net change
in other items being virtually nil.
Drop in automotive expenditures
Passenger car output fell to 40 percent of the secondquarter average in July. Although production was restored rapidly, rising to 60 percent of the second-quarter
average in August and to 110 percent in September—the
highest level attained since June 1951—output for the third
quarter as a whole was more than one-third below that of the
preceding quarter.
Stocks were cut back severely but could compensate for
only a small part of the supply that was lost. As a consequence, consumer expenditures for automobiles and parts
Total gross private domestic investment moved forward
from an annual rate of $49K billion in the second quarter
to $51% billion in the third. This rise was wholly attributable to the renewed increase in business inventory accumulation. The latter amounted to approximately $3% billion
at an annual rate but was partly offset by a decline of $1
billion in business outlays for new plant and equipment.
The value of private residential construction put in place
in the third quarter was at an annual rate of $11 billion—
unchanged from the preceding two quarters. This rate was
10 percent higher than that of the third quarter of last year.
Regulation X controls over housing credit were suspended
as of September 16 in accordance with the terms of the 1952
amendments to the Defense Production Act. This action
came too late in the period to have any effect on third-quarter building activity. The maintenance of the high rate of
housing starts in the third quarter is indicative of a continuation of a sustained high level of residential construction
in the ensuing quarter.
Moderate dip in business capital outlays
Business expenditures for new plant and equipment were
temporarily reduced in the third quarter. It appears that
manufacturers of producers' durable equipment were in many
instances unable to meet third-quarter delivery schedules.
The principal declines occurred in purchases of motor coaches,
trucks, and automobiles for commercial use which were to
a large degree unavailable owing to the sharp cutbacks in
the automobile industry.
SUEVEY OF CURRENT BUSINESS
November 1952
Table 2.—National Income and Product, 1951 and First Three Quarters, 1952 *
[Billions of Dollars]
Unadjusted
Seasonally adjusted at annual rates
1951
1951
1952
1951
1952
I
II
III
IV
I
II
III
I
II
III
IV
I
II
III
277.6
66.1
68.7
70.6
72.2
70.6
71.7
(2)
269.6
274.8
280.2
285.6
288.0
286.9
(2)
178.9
169.9
141.2
8.6
20.1
9.0
42.5
40.2
33.6
1.8
4.8
2.3
44.4
42.1
35.0
2.1
5.0
2.3
45.5
43.3
36.1
2.3
4.9
2.2
46.4
44.3
36.5
2.4
5.4
2.1
45.9
43.5
35.5
2.5
5.5
2.4
46.6
44.3
36.1
(2)
(2)
2.4
47.7
45.4
37.6
(2)
00
2.3
172.9
163.9
137.6
7.4
18.9
8.9
178.2
169.3
141.2
8.5
19.6
9.0
181.0
172.1
142.0
9.1
21.0
8.9
183.4
174.3
143.8
9.6
20.9
9.1
186.5
177.4
145.8
10.0
21.7
9.0
186.9
177.8
145.6
(2)
(2)
9.2
190.3
181.0
148.3
(2)
(2)
9.3
50.6
26.2
15.6
8.9
12.4
6.6
3.8
2.1
12.2
6.5
3.6
2.1
12.7
6.5
4.0
2.3
13.3
6.7
4.2
2.4
13.0
6.8
3.8
2.3
13.0
6.9
3.7
2.4
13.1
6.9
3.8
2.4
49.7
26.2
15.1
8.5
49.0
26.0
14.4
8.5
50.8
26.0
15.8
9.1
53.1
26.6
17.0
9.4
52.1
27.3
15.4
9.4
51.9
27.6
14.8
9.5
52.5
27.5
15.2
9.8
41.6
42.9
24.2
18.7
-1.3
9.5
11.9
6.7
5.1
-2.3
10.4
10.9
6.2
4.7
-.5
10.8
10.0
5.6
4.3
.8
10.9
10.1
5.7
4.4
.8
10.0
10.0
5.8
4.2
.0
10.3
9.9
5.7
4.2
.4
(2)
(22)
( 2)
()
.1
40.7
50.1
28.4
21.7
-9.4
41.2
43.3
24.5
18.8
-2.1
41.9
38.6
21.8
16.9
3.2
42.5
39.5
22.2
17.3
3.0
42.7
42.7
24.7
18.1
i
41.2
39.5
22.9
16.6
1.7
6.4
1.6
1.6
1.6
1.6
1.7
1.7
1.8
6.3
6.4
6.5
6.6
6.7
6.9
7.1
27.4
6.3
6.8
6.8
7.4
7.6
7.7
7.4
25.1
26.8
28.6
29.0
30.0
30.5
31.1
329.2
79.2
80.1
81.8
88.2
83.4
83.3
85.5
319.6
329.3
330.9
337.1
339.7
342.6
343.4
208.0
27.1
113.5
67. 3
50.0
7.0
26.4
16.6
50.4
6.4
27.2
16.8
50.5
6.3
27.5
16.7
57.0
7.5
32.4
17.2
50.5
5.5
27.4
17.7
53.2
6.4
29.1
17.8
52.8
6.0
29.0
17.8
210.5
31.3
113.3
65.9
204.5
26.3
111.3
66.9
206.4
25.5
113.2
67.6
210.5
25.3
116.2
69.0
213.2
25.2
118.0
70.0
214.9
26.4
117.8
70.8
215.0
24.2
118.0
71.9
58.5
23.3
11.0
12.3
24.9
10.3
9.4
17.3
5.2
2.6
2.6
6.4
5.6
5.3
14.6
5.9
2.8
3.1
6.6
2.1
1.8
14.1
6.3
2.9
3.5
5.8
2.0
1.8
12.5
5.8
2.7
3.1
6.1
.7
.5
14.1
5.0
2.2
2.8
6.4
2.7
2.5
10.2
5.9
2.8
3.1
6.6
-2.3
-2.5
13.4
6.5
3.1
3.4
5.9
.9
.8
59.8
24.7
12.8
11.9
24.8
10.3
9.0
65.2
23.5
10.9
12.6
25.4
16.3
15.2
56.2
22.4
9.9
12.5
24.9
8.9
8.2
52.9
22.4
10.3
12.1
24.7
5.8
5.2
50.0
23.7
11.0
12.7
25.7
.6
—.1
49.3
23.6
11.0
12.6
25.7
.1
— 8
51.7
23.0
10.9
12.2
25.0
3.7
3.0
NATIONAL INCOME BY DISTRIBUTIVE SHARES
National income
Compensation of employees
Wages and salaries
.__
Private
Military
_
.
Government civilian
Supplements to wages and salaries
Proprietors' and rental income 3
Business and professional
Farm
Eental income of persons
Corporate profits and inventory valuation adjustment-Corporate profits before tax.
_
Corporate profits tax liability
Corporate profits after tax __
___
Inventory valuation adjustment
Net interest
_
Addendum: Compensation of general government employees _
__
__
_ ._
(2)
(22)
()
(2)
.6
GROSS NATIONAL PRODUCT OR EXPENDITURE
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
New construction
._
.
Residential nonfarm
Other
Producers' durable equipment. _
Change in business inventories, total
Nonfarm only
_ _ _ __
_
Net foreign investment
__
.-
.2
-.7
.0
.2
.7
.5
.1
-.3
-2.7
-.2
1.1
2.6
2.2
.4
62.6
41.3
37.1
33.7
3.4
4.2
.4
21.7
12.6
7.8
6.9
6.1
.8
.9
.1
4.9
15.1
9.6
8.7
7.8
.9
.9
.1
5.5
16.9
11.5
10.4
9.6
.8
1.1
.1
5.5
17.9
12.3
11.1
10.2
.9
1.3
.1
5.7
18.2
12.9
11.6
11.0
.6
1.3
.1
5.4
19.7
13.8
12.6
11.8
.8
1.3
.1
6.0
19.6
13.8
12.4
11.7
.7
1.4
.1
5.9
51.9
31.1
27.6
24.3
3.3
3.5
.3
21.1
59.8
38.6
34.9
31.2
3.6
3.7
.3
21.6
67.3
46.1
41.6
38.4
3.2
4.5
.5
21.7
71.2
49.4
44.3
40.8
3.5
5.1
.5
22.3
74.4
51.6
46.4
44.0
2.4
5.2
.4
23.2
78.0
55.3
50.3
47.2
3.0
5.1
.4
23.0
77.9
55.2
49.6
46.8
2.8
5.6
.4
23.1
Personal income
254.1
60.4
62.7
63.9
67.0
64.4
65.9
67.1
246.2
251.9
256.1
262.0
263.0
264.4
268.9
Less: Personal tax and nontax payments
Federal
State and local
Equals: Disposable personal income
Less: Personal consumption expenditures
Equals: Personal saving
29.1
26.1
3.0
225.0
208.0
17.0
10.7
9.8
.9
49.7
50.0
-.3
5.9
5.1
.8
56.9
50.4
6.5
6.6
5.9
.7
57.3
50.5
6.8
6.0
5.3
.7
61.1
57.0
4.0
11.8
10.8
1.0
52.6
50.5
2.1
6.9
6.1
.9
59.0
53.2
5.7
7.5
6.8
.7
59.6
52.8
6.7
28.2
25.3
2.9
218.0
210.5
7.5
28.7
25.8
3.0
223.2
204.5
18.7
29.0
26.0
3.0
227.1
206.4
20.7
30.4
27.3
3.1
231.5
210.5
21.1
32.5
29.3
3.2
230.5
213.2
17.3
32.9
29.6
3.3
231.5
214.9
16.5
33.6
30.2
3.3
235.3
215.0
20.3
329.2
79.2
80.1
81.8
88.2
83.4
83.3
85.5
319.6
329.3
330.9
337.1
339.7
342.6
343.4
24.6
25.3
.9
1.4
5.9
6.2
.2
1.0
6.1
6.1
.2
-.8
6.2
6.3
.2
-1.6
6.5
6.6
.2
2.7
6.7
6.4
.2
—.4
6.9
6.7
.2
-2.1
7.1
6.9
.2
(2)
24.3
24.7
.9
5.7
25.0
25.0
.9
.0
25.8
25.8
.9
-.8
26.7
26.3
.9
-1.6
27.7
26.8
.9
.6
28.3
27.3
.9
(2)
Government purchases of goods and services
Federal
National security
National defense
__
Other national security
Other
._
Less: Government sales
State and local
_ _
-1.2
DISPOSITION OF PERSONAL INCOME
...
RELATION OF GROSS NATIONAL PRODUCT.
NATIONAL INCOME, AND PERSONAL INCOME
Gross national product
Less: Capital consumption allowances
Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
_
Plus: Subsidies less current surplus of Government enterprises
.1
1.1
.1
.2
.5
.2
274.8
280.2
285.6
288.0
286.9
(2)
2.1
-.1
40.7
8.1
.1
41.2
8.2
-.2
41.9
8.1
.8
42.5
8.3
-.6
42.7
8.5
.1
41.2
8.4
.0
(2)
8.6
—.4
3.0
1.1
2.1
.2
11.3
4.8
8.6
.9
11.6
4.9
9.0
.9
11.6
4.9
9.2
.9
11.5
5.0
9.3
.9
11.7
5.0
8.9
.9
11.6
5.0
9.6
.9
12.0
5.0
9.3
.9
67.1
246.2
251.9
256.1
262.0
263.0
264.4
268.9
.2
.0
.0
66.1
68.7
70.6
72.2
70.6
71.7
(2)
Less: Corporate profits and inventory valuation adjustment.
Contributions for social insurance
Excess of wage accruals over disbursements
41.6
8.2
.0
9.5
2.2
.0
10.4
2.2
.0
10.8
2.0
.2
10.9
1.8
-.2
10.0
2.5
.0
10.3
2.2
.0
Plus: Government transfer payments
Nftt interest paid by Government
Dividends
Business transfer payments
11.5
4.9
9.0
.9
2.8
1.1
2.0
.2
2.9
1.4
2.1
.2
2.9
1.1
2.1
.2
2.9
1.3
2.8
.2
2.9
1.1
2.1
.2
2.9
1.5
2.2
.2
62.7
63.9
67.0
64.4
Equals: Personal income
1
2
_.
__
__
___ _ _ _
_
254.1
Detail will not necessarily add to totals because of rounding.
Not available.
60.4
.3
.0
65.9
__ o
.7
269.6
.5
277.6
Equals: National income
23.4
25.7
.9
.7
.0
3 Includes noncorporate inventory valuation adjustment.
Source: U. S. Department of Commerce, Office of Business Economics.
(2)
6
SURVEY OF CURRENT BUSINESS
A similar cutback—though of lesser intensity—was experienced in machine-tool shipments. The reduction in the
July rate to 80 percent of the April-June average dominated
the quarter despite rapid recovery in the ensuing 2 months.
The declines in shipments of business motor vehicles and
machine tools obviously cut across a wide array of capital
expansion programs and consequently their impact cannot
be localized industrially.
Deliveries of equipment to the railroad industry also
lagged during the quarter—most notably in the case of railroad freight cars. Acquisitions of rolling stock have been
tapering off since the start of the year. However, third
quarter freight-car shipments by equipment manufacturers
were considerably below planned levels indicated by unfilled
orders data. August shipments were down over 40 percent
from the second-quarter average.
Increase in inventories
Business inventories showed an increase in the third
quarter for the first time since the second quarter of last
year. The advance, which amounted to $3K billion at
annual rates, was concentrated in nondurable-goods manufacturing with most of the remainder of the increase in the
nonfarm sector occurring in retail trade. Farm inventories
continued the moderate decline in evidence since the start
of the year.
Manufacturing soft-goods inventories rose steadily during
the quarter in marked contrast to the persistent decline of
the preceding 9 months. In general, this upturn was the
normal production accompaniment of an appreciable rise in
sales activity particularly in the apparel and textile lines.
Wholesalers and retailers, now largely clear of the excessive
stocks accumulated in early 1951, have resumed buying up
to the level of current needs. Part of the third-quarter increase in the stocks of nondurables, however, was attributable to the petroleum industry which replenished the deficiencies caused by the work stoppage in that industry in the
preceding quarter.
Although inventories in the durable-goods manufacturing
industries were subject to comparatively large movements
within the quarter, the net changes for the period as a whole
were small. Heavy inventory drains that began in June as
a consequence of the steel stoppage became even more marked
in July. Temporary pileups of items that could not be used
due to the short supply of key steel components were frequently important offsets to the decline in steel inventories.
While most of the dollar value of the inventory losses sustained in June and July was recouped in the latter part of the
quarter, it is not yet clear to what extent the normal balance
of inventory components has been fully restored.
The moderate increase in retail trade stocks occurred
primarily in the soft goods lines, although the durable homefurnishings group also registered an advance. Automobile
stocks showed the most volatile movement within the quarter, dropping sharply in July and August with the fall in new
car output. Although these stocks were restored to their
June position by the end of the quarter they were still below
the level of the first 4 months of the year.
Wholesale stocks leveled off in the September quarter
following liquidations over the preceding half year.
Further decline in net foreign investment
Net foreign investment, which measures the excess of
exports over imports other than those matched by unilateral
transfers, continued the decline that has been noted since
the opening quarter of the year shifting to a negative balance
of $1 billion at annual rates in the third quarter. This shift
November 1952
from a small positive balance in the second quarter was
primarily attributable to a drop in exports in excess of the
decreases in imports from abroad and foreign economic aid
which were experienced in the quarter.
Several factors contributed to the reduction in exports of
goods and services, excluding those under military aid programs. One was more stringent import restrictions imposed
by foreign countries attempting to adjust their purchases to
their current dollar receipts. A second was the decline in
income in a number of raw material-producing countries
following the drop in the world prices of their commodities
over the recent past.
A third factor was the additional short-run decline in
exports of motor vehicles, machinery, and steel products due
to their limited availability during the quarter.
The Flow of Income
The third-quarter increase of personal income, to an annual
rate of $269 billion, was somewhat larger than the gradual
rise of the preceding two quarters, in spite of temporary
reduction of income within the period. (See accompanying
chart.) Approximately four-fifths of the third-quarter increment of $4K billion at annual rates was accounted for by
the increase in wage and salary disbursements. The remaining fifth of the total increase was divided about equally between farm income and Government transfer payments.
Other components of the income flow showed only small and
offsetting changes.
Private payrolls advance
Private payrolls moved upward from the second quarter
by about $3 billion, at annual rates. About 15 percent of
the rise represented retroactive wage payments made to
railroad workers under the terms of the wage-settlement
agreement concluded in May. The remaining advance,
representing income from current production, occurred in
spite of the fact that wage losses resulting from work stoppages were even larger during the September quarter than
in the previous quarter. Man-days lost in work stoppages
arising from labor-management disputes increased only from
27 million to 29 million, but these figures do not measure the
very important secondary effects on other plants whose
employees are made idle as a result of material or service
shortages. These secondary effects were substantially larger
during the third quarter than during the second, and caused
an actual decline in payrolls in industries producing durable
goods.
Wages in durable-goods manufacturing
off
These industries had led the advance in wages and salaries
in the past 2 years but, with employment off almost 2 percent, registered a decline for the quarter. Increased hourly
earnings and a slightly longer workweek restricted the drop
in payrolls to very slight proportions.
Payroll changes in the durable-goods sector displayed considerable industry variation. Virtually all of the decline
was concentrated in two industry groups: Transportation
equipment (including automobiles) and machinery (except
electrical). These declines reflected mainly the substantial
reduction in employment that had resulted from the interrupted flow of steel to these industries.
Payrolls in the primary metals industry group showed a
moderate rise over the second quarter even though the steel
strike centered in this group. This was due to the fact that
the employment effects of the steel strike were already
(Continued on page 20)
by Loughlin F. McHugh and Leonard G. Rosenberg
Financial Experience
of Large and Medium Size Manufacturing Firms., 1927-51
LMERICAN manufacturing industry like the economy
generally has experienced high activity in the postwar years.
Most industries have shared this experience, though some
have experienced considerable fluctuations in the demand for
products. High sales with relatively favorable financial conditions have contributed to a business climate which made
possible a capital expansion program on a scale never before
achieved.
This capital program involved the use of almost $90 billion,
of which more than half was spent on fixed capital (table 1).
To help meet these requirements, manufacturing firms had
Table 1.—Postwar Sources and Uses of Funds for Manufacturing
Corpora tions
1946 thro ugh 1951
Billion
dollars
Uses:
Plant and equipment
Inventories _ _ _
Receivables
Cash and U. S. Government securities
Other current assets
_
_ ._ _
__
Total
Sources :
Retained earnings 1
Depreciation
_
Payables (trade)
Federal tax liabilities
Other current liabilitiesBank loans 2
N e t n e w issues
Bonds
Stocks
__
_ _ _ _ _ _ _ _
.
_ __
_
__
___
Total
Discrepancy:
Uses less Sources
Percent of
total uses
49.8
24.1
9.4
5.0
.4
56.1
27.2
10.6
5.6
.5
88. 7
100.0
38.3
17.7
6.1
9.4
2.1
4.1
8.7
5.7
3.0
43.2
20.0
6.9
10.6
2.4
4.6
9.8
6.4
3.4
86.4
97.4
2.3
2.6
1
2
Includes depletion.
Includes mortgage loans by nonbank lenders.
Source: U. S. Department of Commerce, Office of Business Economics.
$38 billions of retained earnings, about three-fifths of total
after-tax profits. In addition, about $18 billion of funds
were secured from depreciation allowances. These two
sources accounted for almost two-thirds of the gross capital
requirements of manufacturing corporations.
In comparison with this $56 billion, about $13 billion were
raised through borrowing from banks or the issuance of
securities.
The remainder of the capital requirements was met in
large part from increases1 in Federal profits tax reserves and
increases in trade credit. The latter, it may be noted, for
NOTE.—MR. McHUGH IS A MEMBER OF THE BUSINESS STRUCTURE
DIVISION, OFFICE OF BUSINESS ECONOMICS. MR. ROSENBERG, A FORMER MEMBER OF THE DIVISION, ASSISTED IN THE PREPARATION OF
THE DATA.
1
The question is frequently raised how Federal tax liabilities become a source of funds.
A tax reserve is set up on a company's books to take account of taxes accrued but not yet
paid, and an appropriate amount of receipts from current operations is assigned to this reserve.
Thus when these assigned receipts exceed tax payments (based on past operations) the company is provided with a temporary source of financing. In the reverse situation when tax
liabilities are reduced, i. e., when tax payments exceed tax accruals, the reduction represents
a use, rather than a source, of funds.
the most part reflected intercompany transactions involving
a like amount of trade receivables.
Manufacturers as a whole were able to maintain a fairly
. favorable degree of liquidity throughout this period. Corporations generally had emerged from the war period in a
highly liquid position. In the early reconversion period,
these liquid resources served as an important supplement to
other sources of funds required during the transition.
The ratio of liquid assets to sales reached its low point of
around 11 percent at the end of 1948, rose to 13.6 percent in
the moderate recession of 1949 and remained at that level
in 1950. Manufacturers continued to add to their liquid
resources in 1951, though the rise did not quite keep pace
with the sales. By the end of the year, however, cash and
governments were still equivalent to 12.3 percent of sales.
Summary of Present Survey
The analysis presented here attempts to throw light on
whether these aggregative data reflect general phenomena
affecting most businesses or whether they were results of
divergent movements within the whole. For a sample of
approximately 100 manufacturing corporations, of which
one-third had assets of over $100 million and two-thirds had
assets of from $5 to $100 million, balance sheet and income
statement information has been collected
for the later
twenties, for 1940, and for recent years.2 While it would
have been desirable to include in the sample data for the
smaller firms—those with assets under $5 million—this was
not feasible in the present study.
It is believed, however, that the sample firms represent a
cross section of large firms which mirror the general financial
trends of firms which continued in operation throughout the
period. Therefore, the firms covered are relatively wellestablished, and are generally in the more profitable groups.
These firms should not be considered as representative of the
younger and less tested concerns in the business population.
Financial position favorable
The over-all experience of the 100 large and medium size
firms reveals a rather favorable financial picture. Sales were
high and on a rising trend, except for a moderate dip in 1949.
Before-tax profits followed a similar pattern with some
tapering off evident in 1951. The ratio of profits to sales
in 1951 was slightly below the postwar peak reached the
preceding year, but well above other postwar years and
even more substantially in excess of the prosperous prewar
years.
On an after-tax basis, the picture was different. Through
1950 the profit-sales ratio was moderately below prewar,
2
For some ratios—generally those involving sales data—and in some years—mainly the
later twenties—financial information was not complete, and hence it was necessary to use
less than 100 firms in the sample. Tests made indicated that the omission of those firms with
incomplete financial information did not seriously affect the results obtained.
8
SURVEY OF CURRENT BUSINESS
mainly reflecting the higher Federal tax rates in the later
period. The tax increase put in effect in 1951, however,
cut into earnings to such a degree that in relation to sales,
net profits were well below 1950 and the twenties.
The corporations examined in this study, like business
generally, entered the postwar period in an extremely
liquid condition. Some of this liquidity was eliminated as
activity increased and wartime accumulations were drawn
on to help finance early postwar expansion programs.
Throughout most of the postwar period, however, these
During the latter part of 1951 and early 1952 there were
signs of stringencies in the amount of liquid resources available to some firms. These were apparently localized instances generally confined to smaller size firms. A survey
recently completed by the Office of Business Economics
suggested that in the closing months of 1952, the larger
manufacturing concerns considered their working capital
position satisfactory with no major problems then in sight
in the financing of their capital programs given a continuation
of high general business activity.
Significant intercompany
Profits as a Percent of Sales
November 1952
differences
Intercompany comparison of prewar and postwar experience reveals certain interesting trends. While the over-all
prewar-postwar changes just reviewed are broadly typical of
individual firms, there were some significant differences.
In the later twenties there was considerably greater disparity
in the financial condition of the firms examined than existed
either in 1940 or the postwar period. Both in terms of
profits and the ownership of liquid resources., there was a
tendency for the financial ratios of concerns in the more
favorable positions during the twenties to show little change
or, more typically, actually to decline. On the other hand,
firms at the lower end of the scale more or less consistently
improved their status. Thus the aggregate data tend in
considerable degree to conceal significant differences in change
of status of different firms.3
Sample of Manufacturing Firms
Profit- sales ratios in recent years were
somewhat higher than in later twenties
on a before -tax basis
.......
Percent
20
Debt burden lower
10
First Quartile
A
A
A
4
• A 4
4
4
4
4
but were lower on an after-tax basis
20
r Third Quart!19
10
First Quartile
4
1927
4
4
29
4
4
40
48
4
50
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
corporations were able to maintain an exceptionally liquid
position 'not only because of the favorable profit situation
but because of the availability of borrowed funds on relatively easy terms.
Liquidity was somewhat further reduced in 1951 and by
the end of the year there was little or no evidence of the
excess liquidity of the earlier postwar period. On the other
hand, in historical perspective and with consideration paid
to possible economies in use of liquid resources as activity
expands, it did not appear that there was any general
shortage of liquid resources available to the large- and
medium-sized firms.
A large segment of the sample shared in one important
aspect of financial improvement over this period. Concerns
which used borrowed funds experienced a considerable
lightening of the burden of their indebtedness over this
quarter century.
While the heavy borrowing to help finance the large postwar capital programs and the much higher sales volume
raised the debt well above that of the twenties, the sharply
reduced cost of borrowing made possible a holding down of
interest payments to a range not significantly different from
that which prevailed in the later twenties.
With the current absolute earnings far above that oi the
twenties, the relative "burden" of the debt is therefore
currently far lighter than in those earlier years.
There was some indication that recent developments
brought the liquidity of many firms in the sample down to
a position comparable with or below prewar. On the other
hand, many firms have achieved a more flexible financial
position as a result of their improved debt status. Taken
by and large, it would seem that economic developments
over the quarter century have been in the direction of im- .
proving the over-all financial status of the firms covered.
Profitability of Sample Firms
The general trends of profits in relation to sales for the
firms studied are shown in the accompanying chart and
table 2. In deriving the chart, the firms were ranked in
order of size of ratios of profits (before and after Federal
income taxes) to sales, and then divided into four numerically equal groups. The lines shown in the chart represent
3 To some extent this phenomenon may reflect the nature of the sample used. Since it was
decided to deal only with firms which had been in existence throughout the period, it might
be expected that the low ratio groups would of necessity have had to improve their financial
condition to have remained in existence over this quarter of a century and that for firms which
had exceptional financial experience in the earlier years, financial conditions would be less
satisfactory at the present time. While this aspect of sample bias may have some bearing
on the results derived, a few checks which could be made of the nonsample portion of manufacturing corporations suggests that the trends shown in the sample for the most part reflect
actual economic developments, rather than the peculiarities of the sample.
SURVEY OF CURRENT BUSINESS
November 1952
the ratios of the firms on the dividing line between each of
the four groups. If there were 99 firms used for these
distributions, the lines shown in each panel would represent
the ratios in each year for the twenty-fifth, fiftieth, and
seventy-fifth firm.
The trend of the ratio of profits to sales differed over the
1927-51 period on a before- and after-tax basis. The trend
of the former was generally upward for full-employment
periods, though for the firms with relatively higher profits
margin in the twenties the reverse is true. The sharp rise
in Federal profits taxes over this period is clearly reflected
in the substantially reduced profit-sales rate on an after-tax
basis. Only for the lowest rate group has the after-tax
ratio been relatively well-maintained.
Profits After Taxes as a Percent
of Book Net Worth Sample of Manufacturing Firms^
Profits and net worth are on a book value
basis which tends to overstate somewhat
9
The data shown in the first chart and table 2 are based on
separate rankings of the firms in each of the years shown.
Perhaps a somewhat clearer picture of the trends may be
seen if the firms in the different ratio groups are retained in
their respective groups throughout the period. For this
purpose the firms were classified by size of their profits-sales
ratios in 1927. Generally speaking those firms which had
relatively high ratios of profits before taxes to sales in the
twenties showed somewhat lower ratios by 1940 while the
lower ratio groups advanced markedly. Thus the relatively
small increase in the over-all average from the twenties to
1940 reflected the divergent trends for the "low" and "high77
ratio firms.
Since 1940 the upward trend has been general and by 1951
profit-sales ratios before taxes were for the most part as high
or higher than in the later twenties. However, the over-all
increase, amounting to about one-third for the whole period,
was primarily accounted for by the lower ratio firms. Firms
which in the later twenties had ratios of less than 10 percent
underwent a more than ninefold profit expansion, compared
with a less than fivefold sales increase. The expansion of
profits relative to sales was not quite as striking in the 10-15
percent range. For firms with profit-sales ratios of more
than 15 percent at the start of the period, profits and sales
appeared to have kept pace over the span of years.
There was one notable deviation from the already noted
generally downward trend on an after-tax basis. This was
in the lower ratio group, which taken in the aggregate,
achieved an increase in the ratio of profits after taxes to
sales from about 2 percent in 1927 to 2.8 percent in 1951.
Table 2.—Profits Related to Sales—Frequency Distribution
Sample Firms in Manufacturing—Selected Years 1927-51
of
Percent of firms in sample
Profits as a percent
of sales
1927
1928
1929
1940
1948
1949
1950
1951
Profits before taxes
Less than 10
10-20
_
20 and over
1927
1940
I960
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
1951
All
2
52.9
35.3
11.8
45.4
38.3
16.3
40.6
43.0
16.4
41.8
47.0
11.2
35.9
50.5
13.6
47.6
39.8
12.6
35.3
46.5
18.2
30.3
48.5
21.2
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
52-113
There was a considerable narrowing of the dispersion in
profit-sales ratios over this period. While this is apparent
on both a before- and after-tax basis, the lower panel of
the chart clearly indicates the narrowing was especially
pronounced for profits after taxes. Whereas the spread
between the upper and lower lines in the bottom panel
amounted to about 10 percentage points in the later twenties, the gap had narrowed to slightly over 6 percentage
points in 1951. It is equally clear the "narrowing77 process
reflected a reduction in the higher ratios, since, as just
noted, there was little change in ratios for the lowest firms.
From table 2 it may be seen that whereas slightly more
than half of the firms included had profits before taxes
equal to less than 10 percent of sales in the earlier period,
by 1951 less than one-third of the firms were in this group.
At the other extreme one-fifth of the firms in 1951 showed
ratios of twenty percent or more compared with from oneeighth to one-sixth of the firms in the 1927-29 period.
The situation was practically reversed when after-tax
profits are examined. Over four out of five firms in 1951
were in the less than 10 percent class compared with approximately one out of two in the later twenties, and whereas
one-fifth of the firms studied had ratios of profits to sales of
15 percent or higher in the earlier period there was only one
such firm in 1951.
225878°—52
.
Profits after taxes
Less than 10
10-15
15 and over
All
__-
59.3
20.9
19.8
52.8
16.9
30.3
43.9
24.4
31.7
72.0
17.0
11.0
71.6
20.6
7.8
80.4
10.8
8.8
73.6
21.5
4.9
82.7
16.3
1.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
Source: U. S. Department of Commerce, Office of Business Economics.
All other groups showed declines in this ratio, with the relatively largest reductions appearing in the higher rate groups.
Profitability and size
The varying profit experience of the firms sampled does not
appear to have been closely related to size of business.
Between 1927 and 1940 when the profits-sales ratio (before
taxes) increased slightly for all firms examined, there was a
moderate 10-percent increase shown for the largest firms
(those with total assets over $100 million in 1927) and a more
sizable—35 percent—rise in the ratio for the smaller size
group (with assets under $10 million in the earlier period).
The bulk of the firms were in the intermediate size range,
and their profits were actually somewhat lower while sales
were slightly higher in 1940 as compared with 1927.
Since 1940 all asset size groups underwent substantial increases in their profits-sales ratio (before taxes) with the
10
November 1952
SURVEY OF CURRENT BUSINESS
greatest relative gain accruing to the intermediate size
firms (10-100 million dollars of assets). The ratios for the
largest and smallest size groups rose in about the same orders
of magnitude.
Perhaps the most striking aspect of the change in operating
experience over this period of almost 25 years has been the
sharp increase in Federal taxes. The data for the sample
relating to the ratio of profits before taxes to sales suggest
that the firms were in a position to pass part of these taxes
on to their customers. On the other hand, the decline in the
after-tax ratio is indicative of the fact that part of the tax
increase has not been so "passed on." It might be observed
incidentally that during the "high tax" yeais of the postwar
period, the general inflationary pressures provided an
economic setting favorable for passing taxes on in the sales
price.
Profits related to stockholders' equity
The chart on page 9 clearly indicates that, although
profits after taxes rose much less sharply than sales over the
period studied, the increase in such earnings was much greater
than the rise in the book value of stockholder's equity.
For the sample as a whole, the profit rate was about 10
percent in 1927 and 1940, but by 1950 it has risen to over
18 percent. The continued expansion of equity capital
in the business in 1951 coupled with the reduction in after-tax
earnings resulted in a decline in the ratio to 15 percent at the
end of the year.
Table 3.—Profits After Taxes Related to Net Worth—Frequency
Distribution of Sample Firms in Manufacturing—Selected Years
1927-51
Percent of firms in sample
Ratio of profits after
taxes to net worth
1927
Less than 10 percent __
10-15 percent
__
15-20 percent
20 percent and over
All
1928
1929
1940
1948
1949
1950
1951
59.4
20.8
5.9
13.9
48.1
26.4
15.1
10.4
44.0
28.0
16.8
11.2
64.5
14.0
13.1
8.4
11.1
33.7
22.5
32.7
32.7
37.4
20.6
9.3
22.4
30.8
23.4
23.4
33.0
33.0
23.3
10.7
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
Source: U. S. Department of Commerce, Office of Business Economics.
A word of caution should be noted in interpreting these
data, which are on a book-value basis. First, in the postwar
period, a sizable amount of profits reflected nonrecurrent
inventory gains arising out of the inflationary price situation
which prevailed during this period. This was particularly
true in the 1946-48 and 1950 periods. Inventory gains in
1951 were much less important and probably do not greatly
distort the comparison with the later twenties or 1940 when
inventory profits were not very large.
Second, profits tend to be overstated by reason of the fact
that depreciation policy is based on original rather than
replacement cost of plant and equipment. Since the price
level has been strongly upward since 1940, use of replacement
cost would serve to lower book value profits.
Third, in view of the generally higher price level in recent
years, the usual accounting practices
tend to result in an
understatement of stockholders5 equity in the current as
compared with earlier periods.
There is no easy way to make adjustments for these three
considerations, but rough calculations suggest such corrections would serve to moderate greatly but not to eliminate
the gains shown in the chart for the postwar years through
1950. Applied to 1951 data, however, these adjustments
would serve to reduce the ratio of profits to equity to about
the prewar level.
Company differences
in profit experience
Various frequency distributions were developed to bring
out the differences among the firms in the relation of their
profits to equity (table 3). For the most part the results
follow closely the pattern discussed above in connection with
the profits-sales ratios, and hence need not be presented in
detail here. The process of "convergence" or narrowing of
the spread of profits rates was clearly apparent by 1940 with
the "lower" profit rate groups having increased their rate of
return, approximately counterbalancing the drop in rates
evident for the "higher" rate groups.
The postwar rate of return on equity was substantially
higher than in 1940 for all groups of firms arrayed by size
of the rate of profit to equity. By 1951, however, the higher
ratio groups Indicated ratios somewhat under those of the
later twenties. Thus the 50-percent increase in the over-all
rate of return for the firms was accounted for by firms which
had relatively low or intermediate rates in the twenties.
Liquidity of Sample Firms
In addition to an examination of the profitability of the
manufacturing firms in our sample, analysis was also directed
to some of the important indexes of liquidity, such as the
relation of liquid assets to sales, liquid assets to current
liabilities, and current assets to current liabilities. The
general pattern revealed by such data indicated that the
postwar liquidity position of most of the firms examined
compared favorably with and was not much different from
the immediate prewar period or the years of the late twenties.
By the end of 1951, however, many firms indicated some
reduction in their liquid status as compared with prewar.
A related measure, concerned with the effect of changes in
debt and interest payments on the financial position of the
firms and discussed in a later section, very decidedly indicated
improved flexibility in the firms' status over the period.
Liquid assets to sales
The accompanying chart and table 4 present summary data
on the relation of liquid assets to sales for the companies
Table 4.—Liquid Assets Related to Sales 1—Frequency Distribution
of Sample Firms in Manufacturing—Selected Years 1927-51
Percent of firms in sample
Ratio of liquid
assets to sales
1927
Less than 5 percent
5-10 percent
10-25 percent
25 percent and over
All
1928
1929
1940
1948
1949
1950
1951
30.9
30.9
24.7
13.5
23.6
24.7
30.3
21.4
32.1
22.2
33.3
12.4
23.0
19.0
42.0
16.0
23.5
28.4
42.2
5.9
15.7
19.6
55.9
8.8
15.7
19.6
52.0
12.7
23.5
18.4
47.9
10.2
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
1
Liquid assets generally include cash and Government securities. In some cases, "other
marketable securities" are included when not shown separately on the balance sheet.
Source: U. S. Department of Commerce, Office of Business Economics.
examined. As may be seen from the taller bar on the chart,
the over-all ratios of cash and marketable securities to sales
during the postwar period were higher than in the 1927-29
period. In other words, the accumulation of liquid assets
by these firms proceeded at a somewhat more rapid rate
than the sixfold expansion of sales over this period. In the
SURVEY OF CURRENT BUSINESS
November 1952
light of the much higher level of activity and sales at the
present time, it would appear that liquid asset requirements
need not have risen as rapidly. The even sharper rise in
Federal profits taxes over this period undoubtedly led many
firms to hold a somewhat larger proportion of this current
liability in liquid form than has been the case for other
current liabilities.
In the shorter bars shown in the chart, these tax liabilities
have been subtracted from both liquid assets and sales before
computing the liquidity ratios. Such a procedure in all
probability overstates the adjustment necessary, since it
implies that tax liabilities are offset on the asset side of the
companies' books on a dollar-for-dollar basis. Nevertheless
it is noteworthy that for the 1948-50 period the adjusted
ratios were only moderately below those of the later twenties,
11
spread in the postwar period are even more strikingly in
evidence in the liquidity ratios. Table 6 presents the percent distribution of firms based on their liquid assets-sales
ratios. Whereas three-fifths of the companies studied had
ratios of less than 10 percent in 1927, the number had
declined about two-fifths by 1951. At the other end of the
scale, the firms with liquid assets-sales ratios of better than
25 percent were reduced from about 14 percent in 1927 to 10
percent by 1951.
The converging tendency had been accomplished in large
part by 1940, and the process of "bunching" proceeded at a
much slower pace thereafter. The following calculations of
average liquid assets-sales ratios summarize the shift which
occurred over the period as a whole (firms in 1951 are retained
in the ratio interval into which they fell in 1927):
Percent
Liquid Assets as
a Percent of Sales —
Liquidity interval:
Less than 10 percent
10-20 percent
20 percent and over
Sample of Manufacturing Firms
TOTAL LIQUID
ASSETS TO
3. 6
13. 3
20. 5
wi
6. 5
16. 6
13. 0
The lower liquidity group of firms (those with liquid
assets in 1927 representing less than 10 percent of sales)
improved their position very substantially; the average ratio
for the group amounting to 6.5 percent in 1951, almost double
the ratio in 1927. The intermediate group underwent a
more moderate relative gain. At the other extreme, those
with liquidity ratios of over 20 percent in 1927 actually
reduced the liquid assets relative to sales over this period.
These data suggest that the liquidity position of the firms
in the earlier period may have had some importance in
shaping the subsequent pattern of change. One hypothesis
might be that in the later twenties the liquid resources of
business were unevenly distributed, with some firms in an
extremely liquid position and others relatively short of cash
and near-cash resources. In the tremendous expansion of
activity which had occurred by the postwar period, the more
liquid firms found it possible to carry on the greater volume
of business with relatively smaller cash resources, while the
generally prosperous conditions also permitted the less liquid
firms to achieve a moie satisfactory status.
It is interesting to note that the smaller firms had the
relatively lower ratios in 1927, but that these firms experienced somewhat larger absolute and relative gains over this
interval.4
Liquid Assets have followed rather closely the
trend of sales. Adjusted for the sharp rise in
Federal taxes, the ratio of liquid assets to
sales is currently below prewar
PERCENT
15
^
ADJUSTED
FOR TAXES
10
Other liquidity measures
1927
28
29
40
48
49
S. DEPARTMENT OF COMMERCE. OFFICE OF BUS/NESS ECONOMICS
50
51
58-114
especially 1929. The drop in the "adjusted" ratio in 1951
was a consequence of the sharp increase in Federal tax
liabilities in that year—a development which has followed
similar sharp tax increases in the past.
Available evidence suggests some improvement in liquidity
over the past 12 months. In general, the over-all liquidity
ratios suggest that the liquidity position of these concerns
taken as a group is not appreciably different from comparable
periods of business activity in the past, though any excess
liquidity of the earlier postwar period had disappeared by the
later part of 1952.
Company differences
in liquidity
The considerable dispersion in the twenties noted in the
profit experience of the firms studied and the narrowing of the
The other measures of liquidity calculated for the sample
of manufacturing firms showed generally speaking the same
pattern of liquidity changes as those just discussed. The
ratio of current assets to current liabilities and the ratio of
liquid assets to current liabilities, both adjusted for the
greatly increased Federal taxes, show moderate declines over
the quarter century. The over-all declines are almost
entirely due to reductions in the ratio of those firms which
were most liquid in the earlier period.
Equity, Debt, and Related Changes
With the large fixed capital expansion program under way
since the end of the war, private industry required longterm financing on a scale never before approached. While
the bulk of this financing has been obtained from internal
* Similar data for all manufacturing firms over this time period are at present not sufficiently
refined to compare the experience of our sample with tnat of the universe, but the rough
measures now available are consistent with the picture shown above. Subtracting our
sample data from these rough universe estimates suggested that the nonsampled group,
consisting largely of the smaller firms, had liquidity ratios in 1927 more nearly comparable to
the smaller size group shown above, and experienced a relatively larger gain than shown for
the intermediate and larger sized firms in our sample.
12
SUEVEY OF CUEEENT BUSINESS
sources, principally through plowing back of earnings and
the use of depreciation allowances, substantial sums were
raised in the capital markets in the form of stock issues and
bond sales, with the latter accounting for the bulk of such
funds. In view of this large inflow of funds, both from internal and external sources, it is interesting to make a few
prewar-postwar comparisons of the financial structure and
related factors for the sample of manufacturing firms studied.
Long-term debt versus equity
Eoughly two out of five of the firms in the sample had no
long-term debt at the end of 1951—a proportion which
varied but slightly from the situation which prevailed during
the prewar period. Another one-tenth of the firms had invested capital (long-term debt plus equity) which was at
least 90 percent in the form of equity—again a proportion
which showed little variation over the years.
The major change which occurred in the invested capital
structure was a somewhat greater emphasis on equity capital
by those firms which were relatively heavy users of debt
capital in the twenties. Firms in which debt constituted
from 30 to 60 percent of invested capital accounted for about
one-sixth of the sample firms in the late twenties but only 8
percent of the sample in 1951. There was a corresponding
increase in the proportion of firms in which debt constituted
a relatively moderate portion of invested capital (from 10
to 30 percent). This latter group of firms represented
almost one-fourth of the sample in 1927 and approximately
two-fifths of the sample in 1951. It is noteworthy that this
comparison actually minimizes the trend to equity capital
over this period since in the inflationary developments of
the postwar period, the book value of equity tends to be
understated relative to debt.
The interest "burden"
Actually the amount of long-term debt of the corporations
in the sample had been reduced substantially during the
thirties and the war period. But in the face of the huge
postwar requirements, the volume of indebtedness was
increased greatly in recent years and by the end of 1951,
outstanding long-term debt was about 50 percent larger
than at the start of the period covered in the study.
Despite this larger volume of indebtedness, interest requirements were by 1951 only slightly above payments in
the twenties. This is of course understandable in the light
of a strongly downward trend of interest rates over most of
this period, which made possible not only new debt financing
on far more favorable terms than in the twenties but also
the refinancing at lower rates of a substantial volume of
indebtedness incurred in the earlier period.4 When this
relatively favorable interest-debt experience is placed against
the background of the higher profits generally prevailing in
the postwar period, it can be seen that these developments
make for one of the most striking financial changes in the
past quarter century.
Interest paid by corporations in the sample of manufacturing firms constituted but 1.4 percent of profits before
taxes and interest in 1951, compared with 4.3 percent in
4
Interest payments as used in this section actually include interest paid on bank loans as
well as on longer term indebtedness, but the picture would be substantially unchanged if
allowance could be made for this fact.
November 1952
1940 and an average of 6.5 percent in the later twenties.
With somewhat different emphasis, the significant change in
the debt picture can be pointed up by noting that for our
sample firms, earnings available for servicing the debt
amounted to 2.4 times the amount of debt outstanding in
1951. This compares with ratios of 0.7 in 1927, 0.9 in 1928,
and 1.1 in 1929. This picture would not be significantly
altered if allowance is made for those firms which did not
use long-term debt throughout the period studied.
The accompanying chart and table 5 indicate in vivid
fashion how the change in the interest-debt pattern affected
the different firms in the sample studied. The chart is based
on a frequency distribution of the firms grouped according to
the proportion that interest payments were of earnings available for such payments (i.e., earnings before taxes and
interest). The scale on the left of the chart indicates the
percent distribution of the number of firms while the class
interval of the ratio of interest to earnings is shown by the
different shaded areas in each bar.
In 1927 almost one-fourth of the firms paid out interest
which represented 20 percent or more of their earnings. In
Table 5.—Interest Paid Related to Profits Before Taxes and Interest—Frequency Distribution of Sample Firms in Manufacturing—Selected Years 1927-51
Interest paid to
profits before taxes
plus interest paid
Zero percent
0.1-10 percent
10-20 percent
20 percent and over
All
Percent of firms in sample
1927
1928
1929
1940
1948
1949
1950
1951
38.1
21.9
15.2
24.8
37.4
28.1
15.8
18.7
40.2
29.9
12.1
17.8
33.0
40.6
18.9
7.5
34.6
59.8
3.7
1.9
33.6
56.1
6.6
3.7
29.9
63.5
3.8
2.8
31.7
62.5
3.9
1.9
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
Source: U. S. Department of Commerce, Office of Business Economics.
recent years there has been only a scattering of firms in this
group. There was a similarly sharp drop in the number of
firms for which interest charges represented from 10 to 20
percent of available earnings. At the other extreme, there
was a reverse movement. Firms for which interest payments
constituted less than 10 percent of earnings made up threefifths of the sample in 1927, but approximately 95 percent in
1951, and of the latter roughly eight out of nine paid no
interest or interest which amounted to less than 5 percent
of earnings.
It may be noted, however, that there were somewhat
fewer firms in 1951 than in the twenties which had no interest
payments, and hence there was apparently somewhat more
frequent use of relatively small amounts of debts.
It would appear, when account is taken of the rigidity
which the incurrence of debts adds to the financial structure,
that the reduced incidence of indebtedness in the postwar
period has materially added to the financial flexibility and in
a real sense to the liquidity of the corporations studied.
Terms of Financing
As noted earlier the bulk of outside financing obtained
by manufacturers generally took the form of debt issues
SURVEY OF CUERENT BUSINESS
November 1952
(table 1). Of the total volume of external funds raised by
all manufacturing corporations in the postwar period, threequarters were borrowed, with 45 percent being in the form of
long-term issues.
There are three aspects of the preponderance of debt in
outside financing which call for special comment. In the
first place, a substantial amount of total outside funds raised
flowed to the petroleum industry. Large firms in this
industry have generally been inclined to make use of debt
financing to a considerable degree in their expansion programs. Although equity financing appears to have been of
greater relative importance in other manufacturing fields
than the over-all figures presented above would suggest, debt
financing still constituted the predominant share of external
financing for most of the firms studied.
It would be interesting to compare this postwar financing
with that of prewar financing. Unfortunately neither for
manufacturing in general nor for our sample of firms has it
been possible up to this time to assay with any satisfactory
degree of reliability the relative importance of bond and stock
financing in the prewar period. Examination of the terms of
Interest Payments Related
to Earnings
rates. The long-term rate which was not uncommonly at or
above 6 percent in the twenties was by the early postwar
period cut almost in half, and though there was some firming
in this rate in the later postwar period, interest rates in 1951
were still well below those of the late twenties.
In contrast, it appears that the cost of outside equity
capital increased substantially from the late twenties. No
direct measures of this cost are available, but the computed
dividend yield and the ratio of earnings to stock prices indicate an upward movement over this period. For example,
for the firms studied in the sample, the median dividend
yield-—the percent that dividends per share were of the stock
price—ranged 2.8 to 4.3 percent in the 1927-29 period, compared with ratios of from 6.3 to 7.8 percent in the later postwar period. A similar picture is revealed in the earningsprice ratio which averaged around 7 percent in 1927 and 1928,
compared with a ratio almost double that figure in 1951.
Table 6.—Dividends Paid Related to Profits After Taxes— Frequency
Distribution of Sample Firms in Manufacturing—-Selected
Years 1927-51
Percent of number of firms in sample
Eatio of dividends to
profit after taxes
1927
Less than 20 percent
20-40 percent _
_ __
40 60 percent _
60-80 percent
80-100 percent
100 percent and over
Proportion of firms with relatively high
interest payments has dropped substantially
since the twenties
All
1928
1929
1940
1948
1949
1950
1951
23.1
9.6
16.3
23 1
14.4
13.5
19.6
15.0
29.9
12 1
13.1
10.3
18.7
14.0
31.8
16.8
15.0
3.7
23.4
8.4
27.1
22.4
15.9
2.8
14.0
43.0
29.0
10.3
.9
2.8
10.3
29.0
39.3
14.0
3.7
3.7
10.3
37.4
34.6
10.3
4.6
2.8
9.5
20.0
41.9
21.0
5.7
1.9
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
Source: U. S. Department of Commerce, Office of Business Economics.
100 INTEREST AS A PERCENT
OF EARNINGS BEFORE
INTEREST AND TAXES:
75 -
UNDER 15%
•-
13
50 -
CL 25 -
5% TO 20%
20% AND OVER
1927
1940
1951
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
52-115
finance as well as other indirect evidence suggests that over
the span of years studied there has been, insofar as outside
financing is concerned, some shift to debt financing.
The decided downward drift in interest rates since the late
twenties is clearly evident in both long-term and short-term
It should be stressed that the choice of the period 1927-29
undoubtedly tends to overstate substantially the rise in terms
of financing which occurred from other periods of the
twenties, since in the 1927-29 period the stock market was
unusually active and buoyant. If the comparison had been
made with the middle twenties, available information suggests that the current earnings-price ratios would not be
too far out of line with that period, although dividend yields
were higher in recent years. There seems little doubt, however, that when account is taken of the sharply reduced cost
of borrowed funds, the terms of financing currently are more
favorable to relatively greater use of senior funds.
Even though this is the case, it will be recalled that equity
capital has been available in volume to manufacturing
corporations. As pointed out above in the invested capital
structure of the firms studied, equity capital is currently of
greater importance than in the prewar period. This has been
in part the result of conservative dividend policies pursued by
management in the postwar period. The range of the ratio
of dividends to net earnings for the middle firm in the group
under examination went from 38 to 50 percent from 1948 to
1951. This compares with a range of from 50 to 60 percent
in the 1927-29 period, and a ratio of 50 percent in 1940.
Currently, however, with dividends well-maintained and
profits leveled off, the ratio of dividends to earnings—somewhat more than 50 percent—for the typical firm among larger
companies is about in line with that of the later twenties.
/lew or r\ei/iAea
STATISTICAL SERIES
New Series on Retail Store Inventories
J\L NEW Department of Commerce series on retail store
inventories is presented in this issue of the SURVEY OF CURRENT BUSINESS. These estimates, which begin with December 1950, replace the series published up to this time. The
new estimates are comparable in concept and coverage to the
new series on retail-store sales which were published in the
September SURVEY.
As in the case of retail sales, the new series on inventories
involves a basic change in methodology adopted by the
Table 1.—Retail Inventories, Dec. 31, 1951, and Percent Change
From Dec. 31, 1950, by Kind of Business *
Estimated
dollar
volume
(millions)
Kind of business
Percent
change
from
Dec. 31,
19502
$19 530
7
2 121
493
2 857
1,590
515
752
4
1
1
2
—1o
Apparel group
_ __
Men's and boys' wear stores
Women's apparel, accessory stores
_
__
Family clothing and other apparel stores
Shoe stores..
_ _ _ _ _
2,288
725
635
503
425
2
5
4
—2
2
Furniture and appliance group
Furniture, hrrmp, furnishings stores
Household appliance, radio stores
Lumber, building, hardware group
_ _ _ _
Building materials dealers, plumbing, electrical stores. _
Hardware stores
1,851
1 209
642
2, 183
2
1,411
772
5
14
9
5
Automotive group __ _
Motor vehicle, other automotive dealers. _ _ _ _ _ _
Tire, battery, accessory dealers
Gasoline service stations
Other retail stores 3
Drug a n d proprietary stores _
_ _ _ _
Liquor stores
Jewelry stores
2 975
2,638
337
517
4 245
772
466
477
14
16
5
g
12
12
4
2
United States, total
Food group
Eating and drinking places _ _ _ _ _
_
General merchandise group
Department stores, including mail-order
Variety stores
Other general merchandise stores
-__
_ _
o
* Valued at cost. Group totals include data for kinds of business not shown separately.
2 For organizations of 1 to 10 stores, only those stores are included which were in business on
Dec. 31,1951, and Dec. 31,1950.
a Includes farm implements.
Source: U. S. Department of Commerce, Bureau of the Census.
Bureau of the Census.1 For retail inventories, the Bureau
derives direct estimates of retail inventories for December 31,
1951, from blown-up sample data. The new estimates are
not linked to a Census of Retail Trade base, a factor which
accounts for a large part of the difference in the total level of
retail inventories indicated by the old and new series.
1
A detailed description of the new series and a discussion of the factors leading to the change
to this basis is contained in a statement available upon request to the Bureau of the Census.
14
Estimates for year-end 1950 were derived by the Office of
Business Economics by applying to the December 31, 1951,
inventory estimate the percentage change from 1950 to 1951
shown by the Census sample for those establishments reporting both beginning and end-of-year inventories. The yearend figures so derived were interpolated for the months of
1951 and extrapolated thereafter by estimates derived by
procedures used in the old series.
The sample of establishments from whose inventory reports the new year-end 1951 value was derived consisted of
over 100,000 establishments, each of which was chosen with a
known probability of selection. The estimates from this
sample of reporting firms were derived essentially by weighting the reported inventories of each sample observation by a
value dependent upon its probability of selection.
Also shown (tables 3 and 4) are revised estimates of retail
inventories on the old basis for the period 1949-51. These
estimates, which are linked to a Census of Retail Trade base,
are comparable with the previously published data and provide a continuous series for the period December 1938
through December 1951. This series will not be published
in the future but is replaced by the new series here presented.
This revision of the estimates on the old basis makes available the best possible overlapping data between the old and
new series. Adjusting the old series to Bureau of Internal
Revenue statistics on corporate inventories for year-end 1949,
the most recent annual data on inventories held by independent stores, and other relevant information results in an upward adjustment of about 4 percent in 1949
and 1950 and a
somewhat higher upward change in 1951.2
Comparison of Inventory Levels
The new Census Bureau method results in a change from
the old series in the level of inventories. The fundamental
reason for the difference is that the estimates hitherto prepared by the Office of Business Economics were adjusted to
the universe figures obtained in 1939 and 1948 from the
Censuses of Business in those years. It will be noted that
the Office of Business Economics estimates for 1948 which
were carried forward from the 1939 Census figures by
methods discussed above showed fairly close agreement for
major categories with the final 1948 Census figures.
Tables 1 and 2 show retail inventories on the new Census
basis. For December 1951 the value of inventories is
estimated at $19.5 billion, which is about $800 million (or
4 percent) higher than the estimate for this period based on
the 1948 Census of Retail Trade. With certain minor
exceptions, however, the 1948 Census excluded from the
^See October 1951 SURVEY OF CURRENT BUSINESS for a fuller description of methods of
estimating retail inventories on this basis, and detailed statistics covering the 1939-48 period.
SUKVEY OF CURRENT BUSINESS
November 1952
count of establishments those which were in business on
December 31, 1948, but which went out of business before
enumeration. Thus, a post-enumeration survey conducted
by the Bureau of the Census has concluded that a net sales
difference of 0.8 percent for all retail trade may be accounted
for by this cause.
Also, it was estimated that failure to enumerate firms
which had been in business on December 31, 1948, and during
the enumeration period accounted for an undercoverage of
about 0.5 percent of total retail sales. Thus, assuming the
same undercoverage and failure to enumerate in inventories
as in sales, the difference between the old and new estimates
falls well within the range of the sampling variation in the
latter series.
Comparisons by kind of business
A considerable amount of variation from the overall pattern
is evident by lines of trade. The differences in the resulting
inventory totals derived by the two procedures are due to the
15
sampling variability inherent in the new series as well as
inadequacy in some cases of the methods formerly used.
In many of the cases where the differences are large, there
are correspondingly large coefficients of variation of the
level of the new series.
For total durable goods stores inventories, the estimates
for December 31, 1951, derived on the old basis are about
6 percent lower than the new, and for all nondurables, 2
percent lower. In the durable goods category, the automotive group and the furniture and appliance groups each
showed inventories 6 percent lower on the old basis than on
the new. Jewelry stores stocks on the new basis are lower
than previously estimated while the opposite is true for farm
implement dealers' inventories.
Again, among the nondurable goods groups, considerable
differences are apparent in the old and new series. Inventories shown on the old basis for the general merchandise
arid food groups were 2 and 5 percent above the new Census
figures. Inventories of all other major nondurable goods
categories were lower on the old basis.
Table 2.—Inventories of Retail Stores by Kind of Business,1 1950—52—New Series
[Millions of dollars]
Durable goods 2
All retail
stores 2
End of period
Total
Furniture
Automotive and
appligroup
ance group
Nondurable goods 2
Jewelry
stores
Lumber,
building,
hardware
group
"
Total
Apparel
group
Drug and
proprietary
stores
Food
group
General
merchandise group
Unadjusted
1950:
December
18, 304
8,334
2,597
1,814
466
2,031
9,970
2,235
691
2,040
2,842
1951: January
February
March
April
19, 161
20, 344
22, 058
22, 372
22, 319
21,510
8, 613
8, 928
10, 124
10, 557
10, 631
10, 391
2, 603
2, 645
3, 004
3 202
3, 263
3, 168
1,912
1, 990
2,282
2,348
2, 364
2, 309
471
512
574
588
567
526
2,141
2,229
2, 492
2, 557
2, 549
2,529
10, 548
11,416
11, 934
11,815
11,688
11,119
2,413
2,749
2,759
2,780
2,794
2,674
722
739
746
751
748
727
2,137
2, 262
2,320
2,081
2,029
1,937
3,034
3,373
3, 633
3,778
3,702
3,424
20, 858
21, 041
21,212
21, 063
22, 003
19, 530
10, 144
9,847
9, 664
9,771
9,843
9,200
3,102
3, 074
2,948
2,959
3,030
2,974
2,180
1,967
1, 962
1,915
2,009
1,851
494
510
519
545
585
477
2, 540
2, 510
2, 470
2, 555
2, 396
2,183
10, 714
11, 194
11,548
11,892
12, 160
10, 330
2,514
2,776
2,847
2,898
2,926
2,288
722
722
729
796
850
772
1,822
1,832
2,016
2, 096
2, 190
2,121
3, 392
3,551
3, 625
3,701
3, 698
2,857
19, 685
20, 335
21, 228
21, 103
20, 542
19, 825
9,436
9, 625
10, 030
10, 128
9,689
9,229
3,099
3,120
3, 263
3, 368
3, 177
3,005
1,778
1,769
1,821
1,813
1,736
1,602
461
472
503
513
498
474
2,339
2,470
2, 573
2, 546
2,472
2,428
10, 249
10, 710
11, 198
10, 975
10, 853
10, 596
2,286
2, 552
2, 640
2,562
2,589
2,460
778
773
780
790
767
742
1, 965
2,079
2,189
2, 006
1,930
2,010
3, 066
3,154
3, 346
3, 404
3,303
3,104
19, 209
19 279
20, 441
8,621
8, 314
8,761
2,594
2,456
2,751
1,635
1,575
1,664
439
447
481
2, 346
2,286
2,232
10, 588
10, 965
11,680
2,403
2,729
2,902
749
728
768
1, 967
1,902
2,102
3, 116
3, 255
3,522
May
Juno
_
_ _ _ _ ____________
_
, . _ - __
July
August
September
October
November
December
_
_
1952: January
February
March
April _
_
_
June
_
_
May
_
___
_
___ _
_
_ _
July
_
_
August
September P
_
_
Seasonally adjusted
1950: December
1951: January
February
M arch
April
_
_
__
__ _
__
_
__
May
June
Julv
August
September _
October
November
December
1952: January
February
March
April
_
May
June _
_
_
_
_
_
_
_ _ _ __
__
_ _ _
_ _
_
_
_
_
_ _ _ _
July
August
September p _ _
_
19, 134
8,463
2,487
1,864
497
2,166
10, 671
2,520
691
2,011
3, 243
20, 152
20, 568
21, 184
21, 657
21, 756
21, 709
8,937
9,090
9, 660
10,015
9, 966
10, 057
2, 632
2, 668
2,859
3,042
2, 966
3,018
1,985
2,013
2,136
2, 209
2, 236
2,228
517
539
557
560
546
548
2,261
2,290
2,417
2,438
2,448
2,464
11,215
11,478
11, 524
11,642
11,790
11,652
2,655
2, 662
2,635
2,687
2,783
2,863
710
739
737
743
758
745
2, 187
2,215
2,222
2,134
2,127
2,033
3,346
3,490
3,518
3, 656
3, 686
3,612
21,813
21, 633
21,113
20, 795
20, 818
20, 754
10, 287
10, 258
9, 920
9, 806
9,797
9,726
3,097
3,212
3, 081
3, 091
3,170
3,176
2, 261
2,142
2,051
1,866
1,882
1,902
549
548
519
495
492
508
2,526
2, 495
2,457
2, 550
2, 439
2,327
11, 526
11,375
11, 193
10, 989
11,021
11,028
2,838
2 749
2, 687
2, 672
2, 635
2,581
763
759
757
771
771
772
1,926
1, 926
1, 968
1, 960
2,043
2,092
3, 648
3, 589
3, 454
3, 310
3, 252
3,248
20, 681
20, 625
20, 321
20, 477
20, 069
20, 125
9,775
9,789
9,583
9, 624
9, 112
9,030
3,129
3,141
3,106
3, 200
2,888
2,864
1,846
1,788
1, 709
1,713
1, 667
1,625
507
496
488
488
479
494
2,471
2, 539
2,494
2,429
2, 380
2,364
10, 906
10, 836
10, 738
10, 853
10,957
11,095
2,517
2, 537
2,436
2, 503
2,583
2,636
766
773
770
782
777
760
2,011
2,036
2,096
2, 057
2, 023
2,110
3,382
3, 256
3,248
3,296
3,295
3,271
20, 127
19, 745
20, 299
8,749
8,626
8,982
2,591
2, 564
2,876
1,707
1,701
1,730
488
480
481
2,332
2,273
2,221
11,378
11,119
11,317
2,714
2,700
2,740
790
765
797
2,080
2,001
2,052
3, 358
3, 276
5,352
p Preliminary.
1
Titles have been changed to conform to new Census designations but group classifications
in these tables are comparable.
2
Inventories of other durable goods stores and other nondurable goods stores are not shown
separately but are included in the totals.
Source: U. S. Department of Commerce, Office of Business Economics and Bureau of
the Census.
SUEVEY OF CURRENT BUSINESS
16
November 195$
Table 3.—Retail Inventories by Kind of Business, Unadjusted, 1948—51—Old Series Revised
1
[Millions of dollars]
Durable goods
All retail
stores
End of period
Total
Nondurable goods
Building
HomeAutomotive materials furnishings
and hardgroup
group
ware group
Other
retail —
durable
Jewelry
group
Total
Apparel
group
Drug
stores
Food
group
General
merchandise group
Other
retail —
nondurables
1948: December
15, 190
6,587
2,078
1,680
1,384
448
997
8,603
1,849
657
1,806
2,543
1,74-
1949: January
February
March
April
May
June
_ -
_ _ _
14, 946
15. 509
16. 377
15, 924
15, 345
14, 907
6, 679
6,898
7,198
7,082
6, 677
6,530
2, 253
2,381
2,374
2,242
1,974
2,022
1,682
1,720
1,851
1,912
1,899
1,860
1,297
1,299
1, 359
1, 322
1, 266
1,171
436
454
524
533
527
488
1,011
1,044
1,090
1,073
1,011
989
8,267
8, fill
9,179
8, 842
8, 668
8,377
1,825
2,037
2.266
2,121
2,044
1,911
658
653
659
647
630
633
1,690
1,728
1, 758
1,665
1,644
1,634
2,483
2,630
2,828
2,791
2,727
2,600
1,611
1,562
1,661,61?
1,625
1,59.
_ _
14, 548
15, 043
16. 013
16, 786
17, 013
14, 570
6,445
6,533
6, 969
7,229
7,143
6,293
2.037
2,138
2,406
2.524
2,346
1,918
1,825
1,826
1,824
1,807
1,811
1,706
1,148
1,105
1,167
1 227
l]268
1.217
458
474
516
575
635
498
977
990
1,056
1,096
1,083
954
8,103
8,510
9,044
9,557
9,870
8,277
1,792
2,018
2,220
2,249
2,286
1,815
605
617
637
670
720
665
1,614
1,602
1,719
1,821
1,874
1,774
2, 512
2,684
2,874
3,124
3,286
2,484
1,58C
1,581,594
1,692
1,704
1,53-
May
June
14, 900
15, 236
16, 289
15 928
15, 990
15, 751
6,589
6.488
6,745
6,690
6,842
6,882
2,195
2,004
1,888
1,771
1,883
2,045
1,721
1, 764
1,900
1,957
1,970
1,964
1,192
1, 243
1,391
1, 415
1,442
1,356
485
506
566
560
543
517
996
971
1,000
987
1,004
1,000
8,311
8,748
9,544
9, 238
9,148
8,869
1,857
2,083
2.332
2.195
2,098
1,962
662
660
672
654
662
662
1, 753
1,799
1,932
1,821
1,830
1,838
2,558
2,764
3,011
3,007
2,944
2.775
1,481
1,442
1,597
1,561
1,614
1,632
July
August
September
October
November
December _ _ _ _ _
14, 862
16, 203
17, 409
18, 964
19. 777
17, 781
6,117
6,476
6,938
7,723
8,272
7,981
1,593
1,713
1,799
2,134
2,400
2,462
1,917
1,941
2,031
2,072
2,111
2,090
1,243
1.376
1, 513
1.741
1, 854
1, 764 !
484
519
607
688
748
559
880
927
988
1,088
1,159
1,106
8,745
9,727
10, 471
11, 241
11, 505
9,800
1,938
2,313
2,395
2.532
2,591
2,084
637
658
661
703
762
687
1,801
1,986
2,134
2, 253
2,251
2,145
2,727
3,083
3,376
3,726
3, 843
3,001
1,642
1,687
1,905
2,027
2,058
1,883
18, 600
19, 766
21, 415
21, 667
21 . 573
20. 636
8, 235
8.533
9,650
10, 036
10, 078
9,714
2,467
2. 503
2,842
3,028
3,080
2,989
2,203
2.290
2, 557
2, 621
2, 609
2,591
1, 852
1.922
2. 193
2.248
2^093
565
616
691
710
686
637
1,148
1,202
1,367
1,429
1,450
1,404
10. 365
11,233
11, 765
11,631
11, 495
10, 922
2,259
2,588
2,605
2,634
2,659
2,559
713
727
729
730
723
699
2,247
2,376
2,437
2, 186
2,129
2,033
3,197
3, 552
3,814
3,950
3,861
3,560
1,949
1,990
2,180
2,131
2,123
2,071
20, 104
20, 287
20, 453
20, 886
21, 147
18, 719
9.586
9,309
9,132
9,242
9, 223
8,625
2,924
2,897
2,774
2,783
2,848
2,791
2, 604
2, 570
2,527
2, 619
2,447
2.219
2, 065
1. 862
1, 851
1.804
1,837
1,732
600
621
633
666
717
586
1,393
1,359
1. 347
1.370
1. 374
1,297
10, 518
10, 978
11,321
11, 644
11, 924
10, 094
2,416
2, 678
2,758
2, 815
2, 855
2,233
690
687
690
749
796
719
1,912
1,922
2,113
2, 197
2,296
2,222
3,517
3,679
3,740
3,800
3,780
2,910
1,983
2,012
2,020
2,083
2,197
2,010
July
August
September
October
November
December
__
1950: January
_February
March
- -
1951* January
February
]VIarch
April
M^ay
June
__
__
_ -
July
August
September
October
November
D ecember
- --
* This series is comparable with data published for the period December 1938-48.
Source: U. S. Department of Commerce, Office of Business Economics.
Table 4.—Retail Inventories by Kind of Business, Seasonally Adjusted, 1948—51—Old Series Revised l
[Millions of dollars]
Durable goods
All retail
stores
End of period
Total
Building
HomeAutomotive materials furnishings
and hardgroup
group
ware group
Nondurable goods
Jewelry
group
Other
retaildurable
Total
Apparel
group
Drug
stores
Food
group
General
merchandise group
Other
retail—
nondurables
1948: December
15, 828
6,746
1,947
1,823
1,465
489
1,022
9,082
2,062
631
1, 806
2,835
1,748
1949: January
February
March
April
6,745
6,812
6,777
6,812
6,555
6,502
2,117
2, 212
2,172
2,200
2,011
2,007
1,776
1,768
1,795
1,824
1,825
1,810
1,346
1,312
June
15, 538
15, 516
15, 581
15, 553
15, 307
15, 272
1,275
1,250
1,214
1,188
479
478
509
508
507
508
1,027
1,042
1,026
1,030
998
989
8,793
8,704
8,804
8,741
8,752
8,770
2,017
2,020
2,089
2,073
2,037
2,046
648
653
651
640
638
649
1,730
1,692
1,684
1,708
1,723
1,715
2,734
2,705
2,744
2,703
2.719
2,739
1, 664
1,634
1,636
1,617
1,635
1,621
July
August
September
October
November
December
15 427
15, 613
16, 050
16, 083
15, 851
15, 311
6,729
6,968
7,289
7,248
6,919
6,437
2,183
2,408
2,664
2,639
2,288
1,838
1,814
1,816
1,816
1,812
1,846
1,820
1,199
1,193
1,212
1,193
1,215
1,251
509
510
516
523
534
530
1,024
1,041
1,081
1,081
1,036
998
8,698
8,645
8,761
8,835
8,932
8,874
2,019
1,999
2,096
2,075
2,059
2,050
639
648
661
649
653
665
1,706
1,685
1,679
1,703
1,748
1,750
2,704
2,699
2,732
2,803
2,892
2,846
1,630
1,614
1,593
1,605
1,580
1,563
June
15, 495
15, 287
15, 504
15, 546
15, 934
16, 139
6,659
6,434
6,369
6,420
6,705
6,856
2,060
1,866
1,729
1,736
1,919
2,031
1,818
1,813
1,842
1,867
1,893
1,911
1,236
1,253
1,306
1,337
1,380
1,375
533
533
550
533
522
539
1,012
969
942
947
991
1,000
8,836
8,853
9,135
9,126
9,229
9,283
2,044
2,066
2,149
2,146
2,090
2,102
652
660
664
647
671
678
1,794
1,762
1,851
1,868
1,918
1,929
2.818
2.857
2.909
2.903
2,923
2,921
1,528
1,508
1,562
1,562
1,627
1,653
July
_
August
September
October
November
December
15, 772
16, 735
17, 346
18, 052
18, 407
18, 652
6,368
6,866
7,193
7,695
8,012
8,155
1,701
1,918
1,981
2,227
2,341
2,358
1,905
1,930
2,022
2,076
2, 150
2,232
1,302
1,485
1,572
1,694
1,783
1,813
538
558
607
625
629
595
922
975
1,011
1,073
1,109
1,157
9,404
9,869
10, 153
10, 357
10, 395
10, 497
2,190
2,290
2,256
2,333
2,330
2,354
673
691
686
681
691
687
1,904
2,088
2,084
2,108
2,100
2,115
2,943
3,089
3,206
3,319
3,382
3,431
1,694
1,711
1,921
1,916
1,892
1,910
19, 558
19, 984
20, 552
21, 008
21, 144
21, 007
8,533
8,670
9,195
9,539
9,535
9,560
2,495
2,525
2,705
2,876
2,800
2,848
2,327
2,354
2.479
2,500
2,509
2 525
1,923
1,943
2,053
2,116
2.135
2,119
621
648
671
676
660
664
1, 167
1,200
1,287
1,371
1,431
1,404
11, 025
11,314
11,357
11,469
11, 609
11, 447
2,487
2,500
2,489
2,546
2,650
2,741
702
727
720
722
733
716
2,300
2,327
2,334
2,242
2,232
2,133
3,528
3,676
3,691
3,825
3,849
3,756
2,008
2,084
2,123
2,134
2,145
2,101
21, 100
20, 858
20, 321
19, 972
19, 938
19, 892
9,780
9, 703
9,358
9,230
9,151
9,108
2,920
3,026
2,899
2,907
2,590
2,555
2,513
2,610
2,488
2,367
2,143
2,025
1,934
1,757
1,766
1,780
667
668
633
605
603
623
1,460
1,429
1,379
1,351
1,315
1,357
11,320
11, 155
10, 963
10, 742
10, 787
10, 784
2,734
2,652
2,600
2,594
2,567
2,520
729
722
716
725
722
719
2,021
2,021
2,063
2,055
2,142
2,191
3,782
3,707
3,556
3,399
3,330
3,315
2,054
2,053
2,028
1,969
2,026
2,039
May
1950: January
February
March
April
May
_
1951: January _ _
February
March
April _ __ _ _
May
June
July
August
September-.October
November
December
1
-
2 Q7Q
2, 981
This series is comparable with data published for the period December 1938-48.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
November 1952
17
MANUFACTURERS' NEW AND UNFILLED ORDERS
In addition to the usual revisions to take account of newly
available data, the new orders series have been adjusted for
seasonal variations. For descriptions of the methods used
in compiling the orders series and figures for previous years,
reference may be made not only to the October 1952
SURVEY OF CURRENT BUSINESS, but also to the December
1949 and June 1952 issues.
The regular annual revision of the monthly estimates of
manufacturers' new and unfilled orders has resulted in very
little change in trends from those shown by the previously
published series. The levels of the new series are slightly
higher—as indicated by the annual figures published in the
October 1952 issue of the SURVEY OF CURRENT BUSINESS.
Table 1.—Manufacturers' New Orders 1948-September, 1952
[Millions of dollars]
Adjusted for Seasonal Variation
Not Adjusted for Seasonal Variation
Nondurable— goo ds
industries
Durable—goods industries
fcJO
i
1
1
a
^
"o
EH
1948* January
February
Mi arch
April
May
Juno
-
July
August
September
October
November
December
July
_
August
September
October
November
December
_ .
1
.9
'£H
PH
•tf
0
tat}
a B§
-g |®b 'Is 1
1
1"
°,i
a
o
1
1
EH
PR
Z
w
II
t~l
ic
'oJ
"S
3
«£
a
>>
o3
*%
i0
3
&
5°
£
t-i
,d
CD
6
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e
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;_c
CD
.g
0
2,313
2, 341
2,733
2,243
2, 046
2,508
7,546
7,167
7,574
7,369
7,246
7,505
16, 577
16, 673
16, 927
17, 369
16, 777
18, 273
6,845
6,842
7, 095
7,371
7, 236
8,003
1,368
1.341
1,406
1,325
1,285
1,504
745
750
762
873
746
925
736
522
689
745
739
613
1,127
1.055
1, 140
1,211
1.222
1,344
1,177
1,443
1, 360
1, 391
1, 453
1,798
1,692 9,732
1, 731 9,831
1,738 9.832
1, 826 9,998
1,791 9,541
1,819 10, 270
16, 868
18, 365
18, 495
17, 965
17, 339
16, 813
7,653
8,026
7,891
7,679
7,300
7,455
1,460
1,470
1,472
1,589
1,706
1,723
875
1,008
917
901
721
742
826
746
804
827
769
866
1,192
1,267
1,175
1,141
1,041
1,149
1, 462
1,578
1, 537
1,392
1,464
1,568
1,838
1,957
1,986
1,830
1,598
1,407
9,215
10, 339
10, 605
10, 286
10, 039
9,358
1,906
2,206
2,478
2,260
2, 366
1,933
7,310 17, 771
8,133 17, 492
8,127 17, 892
8,026 17,318
7, 673 17, 766
7, 426 17, 632
7,773
7,398
7, 828
7,680
7,890
7,910
1,464
1, 343
1,655
1,586
1,779
1,575
932
931
866
863
817
851
833
777
784
854
898
788
1,143
1, 149
1,224
1,200
1,247
1,215
1,521
1,538
1,477
1, 451
1,440
1,769
1,880 9,998 2,258 7,740
1, 660 10,094 2, 364 7,730
1,822 10, 064 2,322 7,741
1, 726 9,638 2,085 7,553
1,709 9,876 2,226 7,650
1,712 9,722 2,179 7,543
89, 777 17, 614 10,062
2,237
2,404
2, 549
2,216
2, 056
2,423
7,495
7.427
7,283
7,781
7, 485
7,846
8,943 14,244 17,822 21,091 118, 434 27,333
91, 102
9,251
8,885
9,833
8,871
8,890
9,007
2,083
1,898
2,264
1,918
1, 961
2,108
7, 16S
6,988
7, 569
6, 953
6,930
6,900
15, 298
15, 943
15, 803
15, 239
15, 599
15.371
6,164
6, 765
6,407
6,083
6,458
6,148
1,437
1,452
1,218
1,011
1,021
1,024
664
618
620
521
487
693
662
677
602
557
578
581
877
1,060
1, 067
1,005
1,143
1,069
968
1,437
1,337
1, 458
1, 660
1,245
1,556
1,521
1, 563
1, 531
1, 569
1,536
9,134
9,178
9,396
9,156
9,141
9,223
2,014
1,949
2,112
1,895
1,971
2,037
7,119
7.229
7,284
7,261
7,170
7,186
8,467
10, 050
10, 370
9,853
9,470
8,781
1,926
2,485
2, 884
2,421
2,458
2,070
6,542 15, 180
7, 565 16, 324
7, 486 17, 047
7, 432 16, 118
7,012 16, 542
6,712 16, 643
5,970
6, 467
7,208
6,907
7, 248
7, 477
828
1, 065
1,000
1,044
1,332
1,340
709
738
861
769
763
740
597
633
848
753
692
756
955
969
1,082
1, 071
1,031
1,050
1,522
1, 547
1,666
1,506
1,543
1,358
1,359
1,515
1,751
1,764
1,887
2,233
9,210
9,857
9,839
9,211
9,294
9,166
2,282
2, 663
2,703
2,233
2,312
2,334
6,928
7,193
7, 136
6,978
6,982
6,832
746
1,362
756
1,477
760
1,483
765
1,600
1,802 1,142
1,884 1,143
792
760
760
749
904
990
1,176
1,119
1,286
1,246
1,402
1,413
1,485
1,440
1,466
1,811
2,285
2,233
1,760 8,986 2,348
1,805 9,534 2,514
1,962 9,470 2, 226
1,979 9, 354 2,104
2, 340 10,411 2,598
2,316 10, 527 2,710
6,638
7,020
7,244
7,250
7,813
7,817
1,895 1,375
955
1,634
1,609
1,290
1,208
1,309
1,698
1, 547
1,267
2,128 1,283
1,908 1,328
2,212 1,430
3,327 2,484 12, 148
3,625 2,601 12,414
2,399 11,019
2,592 11,053
2,696 11,070
2,780 11,895
15, 646
15, 428
16, 992
14, 813
14, 678
15, 428
6,395
6,543
7,159
5,943
5,787
6,420
1,493
1, 388
1,354
974
921
1,016
754
572
704
565
424
674
612
575
755
518
518
723
920
1,081
1.186
1,005
1,127
1,064
1,025
1,439
1,469
1,386
1,365
1,467
1,593
1,489
1, 692
1,494
1.434
1,476
14, 339
17, 065
17, 720
16, 764
16, 207
15, 756
5,872
7,015
7,350
6,910
6,737
6,975
826
1,166
889
1,046
1,277
1,466
666
799
911
802
673
645
592
607
870
729
593
832
996
1, 069
1, 038
1,019
861
994
1, 462
1.587
1,734
1,445
1,569
1,203
1,329
1,787
1,908
1,869
1, 764
1,836
7,922 12, 360 17, 151 19, 670 111,729 26, 474
85,254
732
645
954
697
809
1,232
1, 233
1,141
1,430
1,246
1,382
1,407
1,573
1,441
1,611
1,722
1,878
2,630
1,802
1,767
2,123
1,932
2,139
2,225
9,106
9, 228
9,894
9,072
10, 131
10, 322
2,428
2,449
2,386
2,128
2,585
2,805
6,678
6,778
7,508
6,943
7, 546
7,516
16, 307
16, 891
17, 187
17, 504
20, 286
20, 506
7,321
7,357
7,717
8,150
9,875
9,979
July
.
August
September _
October
November
22, 604
27, 340
24, 054
24, 118
21, 626
23, 493
11,526
14, 727
12, 465
12, 297
10, 362
12, 123
1,889
2, 466
2,080
2,132
1,830
2,420
1,291
1,676
1,341
1,340
1,171
1,245
947
1, 568
1, 651
1,248
1,035
1,440
1,771
2,232
1,886
1,922
1,752
2,223
3,198
3,719
2,891
2,908
2,053
2,509
2,430
3,066
2,615
2,747
2,521
2,286
11,079
12, 614
11,589
11,821
12, 264
11,370
3,166
3,454
3,092
3,004
3,039
2,936
7,913
9, 160
8,497
8,817
8, 226
8, 433
23, 882
26, 097
23, 375
23, 400
22, 328
24, 808
11, 734
13, 683
12, 356
12, 347
11,258
12,913
251,598 124, 109 22,330 13,409 12, 959 19, 626 28, 133 27, 652 127,489 33,474
94, 016
2,252
2,340
2,024
1,964 2,777
2,021 3, 033
2,099 2,019
2,350 2,832
3,751
3, 702
2,898
2, 771
2, 859
3,310
8,397
8,712
8,122
8,282
8,211
8,585
3,954
3,797
3, 435
2,720
2,541
2,405
9,120
8,934
8, 790
8,694
9, 089
8, 708
29, 142
26, 407
29, 019
24, 476
23, 906
24, 031
15, 882
14, 093
16, 246
13, 368
12, 548
13, 138
2,289
2,121
2, 677
2,345
2,228
2,043
1,903
1,614
1,526
1,313
1,264
1,233
1,590
1,448
1,782
1,312
1,230
1,457
2,651
2,825
2,705
2,461
2, 358
1,932
4,210
3,264
4,472
3,188
2,871
3,728
3,239
2,822
3,085
2,749
2,599
2,745
13, 259
12, 314
12, 773
11,109
11,357
10, 893
4,088
3,698
3, 682
2,753
2,528
2,489
9,171
8,610
9,092
8,356
8,829
8,404
28, 344
27, 312
26, 751
25, 100
25, 652
23, 572
15, 269
14, 581
14, 526
13, 685
14, 022
12, 459
2,203
2,219
2,410
2,432
2,471
2,060
1,677
1,745 1
1, 344
1,212
1, 451
1,267
1,720
1,705
1,420
1,411
1,374
1,171
22, 446
23, 179
21, 723
25,015
22, 724
21, 103
11,944
11, 567
10, 348
12, 508
10, 953
10, 296
2,155
2,109
1,704
2,530
1,691
1,900
1,029
1,177
1,244
1,285
1,137
1,024
1,144
1,161
1,158
1,271
1,154
1,401
2,288
2,304
1,712
2,034
1,792
1,979
3,196
2,252
2,472
2,784
3,062
2,247
2,133
2,565
2,057
2,603
2, 116
1,745
10, 502
11,612
11,374
12, 507
11,771
10, 807
2,140
2, 403
2,536
2,852
2,779
2,367
8,363
9,209
8,838
9, 656
8,992
8,440
23, 507
22, 056
21, 133
24, 297
23, 406
22, 174
12, 110
10, 681
10, 266
12, 567
11,820
10, 937
2,162
1,926
1,917
2,525
1, 764
1,737
1,096
1,086
1,175
1,231
1,289
1,176
1,153
1,210
1,129
1,313
1,346
1,274
2,194 3,325 2,181 11,397 2,536 8, 862
2,088 2,195 2,175 11,376 2,576 8, 800
1,783 2,375 1,887 10, 867 2,377 8,490
2,139 2,904 2, 456 11,730 2,631 9,099
2,146 3,011 2,263 11,586 2,614 8, 972
2,092 2,536 2,123 11,237 2,668 8, 568
22, 695
23, 493
23, 075
24, 569
23, 284
24, 341
23, 807
21, 500
24, 208
11,115
11,392
11,841
12, 761
11,492
12, 437
11,512
9,646
11,998
2,013
1,947
1,749
2,258
1,883
1,285
1,493
1,497
2,238
1,175
1,058
984
1,262
1,275
1,278
1,252
1,142
1,406
1,195
1,550
1,955
1,289
1,156
1,355
1,174
1,066
1,243
1,966 2,421 2,346 11, 579 2,675
1,984 2,488 2,364 12, 101 2,792
1,708 3,330 2,116 11, 234 2,457
1,934 3,447 2,571 11,808 2,477
1,713 3,009 2,456 11, 792 2,645
1,908 4,019 2,592 11,904 2,791
1,916 3,069 2,609 12, 295 2,996
1,515 2,308 2,118 11,854 3,067
1,915 3,024 2,172 12, 210 2,871
3,976
3,261
4,069
2,461 3,352
2,390 3,493
1,940 3,165
2, 530
2,769
2,432
3,163
2,882
2,851
2,816
2,843
2,856
13, 075
12, 730
12, 225
11,415
11,630
11,113
293, 172 152, 892 25, 794 15,749 16, 106 27, 039 37,748 30, 457 140, 280 34,315 105, 964
1952: January
February _ _
March
April
May
June
July
__
August
_ _ _ _September
23, 288
22, 682
25, 109
23, 936
21, 730
24, 964
22, 613
22, 520
24, 944
11,555
10, 985
13, 361
12, 464
10, 251
13, 329
11,327
10, 436
12, 108
2,091
1,861
1,943
2,176
1,699
1,275
1,488
1,639
1,990
1,334
979
1,116
1,367
1,110
1,244
1,175
1,237
1,489
1,104
1,316
2,454
1,198
1,034
1,685
1,164
1,023
1,275
2, 060 2,564 2,402
2,023 2,491 2,314
1,899 3,660 2,289
1,934 3,278 2,510
1,689 2,474 2,245
1,900 4,734 2,491
1,999 2,949 2,551
1,671 2,368 2,497
1,839 3,148 2,367
11, 733
11,697
11, 748
11, 472
11,479
11,635
11,286
12, 084
12, 836
Includes professional and scientific instruments, lumber, furniture, stone, clay and glass
and
miscellaneous industries.
2
Includes textile, leather, paper, and printing and publishing industries.
225878°—52
*%
2o
9,859
9,508
10, 307
9, 612
9, 292
10, 013
847
700
863
829
995
1,112
Total
1 3
fl £
i
1,733
1, 695
1,881
1,782
M37
1,748
8,189
_
I
e! &
g«
?-i
EH
-§
^0
II
1,247
1,445
1,495
1,323
1, 195
2,118
1,415
1,412
1,648
1,542
1,626
1,869
July
August _ __ _ __
September
October
November
_ _
December
?s
r^H &
1,182
1,076
1, 267
1,211
1, 204
1,339
7,602
7,106
8,629
7,968
8,829
10, 475
__
6
rs >>
|j3
0
C3 C
680
443
864
693
661
762
79, 107 13,815
Total
*fr
03 O
-d
o
846
694
865
945
650
900
16, 708
16, 334
18, 524
17, 040
18, 960
20, 796
1951: January
February
March
April
May
June
a
a
€03
1,422
1,282
1,562
1,277
1,159
1,492
190, 836
T^fiHfimbfir
1&
o>
7,109
6, 634
7,934
7,230
6,506
8,360
1950: January
February
__
March___
April _
_ _ _
May
June
_ __ __
Total
C3
pj
3
16, 968
16, 143
18, 241
16, 842
15,798
18, 373
208,211
Total
1949: January
February
March
April
May
June _- .
^
bc3
rt
.3
a
"02
"CD
Nondurable— goods
industries
Durable—goods industries
b£
3
2,766
2,718
2,634
2,507
2,632
2,889
2,529
2,861
3,063
8,967
8,978
9,113
8, 965
8,847
8,746
8,757
9,223
9,774
8,904
9,310
8,777
9, 330
9,146
9,113
9, 298
8,787
9, 339
3
New orders for this group which includes food, beverages, apparel, tobacco, chemicals»
petroleum and rubber, are considered as equal to sales.
Source: U. S. Department of Commerce, Office of Business Economics.
SUEVEY OF CURRENT BUSINESS
Table 2.—Manufacturers' Unfilled Orders.. 1948-51l—Continue*
1948-51
3,528
3,425
3,412
3,513
3,366
3,428
3,101
2,831
2, 926
2,888
2,871
2,910
6,078
5,898
5,740
5,590
5,499
5,428
5,287
5,390
5,341
5,306
5,206
5,853
3,405
3,402
3,357
3,344
3,252
3,148
4,676
4,568
4,646
4,406
4,102
4,156
29, 793
29, 801
29, 431
28, 542
27, 952
26, 946
25, 846
26, 170
25, 929
25, 356
24, 825
24, 150
4,508
4, 525
4,489
4, 454
4,607
4,638
3,551
3,636
3,591
3,589
3,471
3,351
3,072
3,117
3, 129
3, 160
3,123
3,135
5,457
5,453
5,281
5,078
4,884
4,620
5,933
6,056
6,043
5,829
5,741
5,655
3,325
3,383
3, 396
3,246
3,000
2,751
3,947
3,631
3, 502
3,186
3,128
2,796
26, 036
25, 142
24, 141
22, 531
21, 342
20, 420
23, 333
22, 725
21, 868
20, 459
19,318
18, 414
4,577
4,484
4,232
3, 862
3,557
3,332
3, 357
3,204
3,092
2, 936
2,656
2,550
3,081
2,975
2, 968
2,797
2,644
2,696
4,343
4, 206
3, 999
3,698
3,574
3,384
5,192
5,083
4, 858
4,568
4,442
4,221
2,783
2,773
2,718
2,597
2,446
2,231
2,703
2,417
2,273
2,072
2,023
2,006
20, 230
20, 018
20, 222
20, 382
20, 614
20, 785
18, 099
17, 744
17, 584
17, 882
18, 044
18, 423
3,154
3,113
2, 725
3,182
3,537
3,708
2,530
2,471
2, 512
2, 487
2,425
2,382
2,748
2, 694
2, 810
2 799
2, 669
2,769
3,381
3,324
3, 227
3,137
2 972
2,900
4,104
3,945
4,035
3, 968
4, 173
4,089
2,181
2. 197
2, 275
2, 309
2 267
2, 575
2,131
2,275
2, 638
2,500
2, 570
2, 362
.. 21, 740
22, 089
22, 396
22, 485
19, 232
19, 446
19, 927
20. 131
3; 785
3, 886
4,071
4.159
2,522
2,470
2, 464
2.487
2,837
2,771
2,870
2.797
3,115
3, 178
3,286
3,279
4,148
4,178
4, 157
4,298
2, 826
2, 963
3,079
3,111
2,508
2, 642
2, 469
2,354
July
August
September _
October
November
December
1949: January
February
March __
April
May
June__
July
August. _ _
September
October
November... _
December
N o n d u r a b l e - g3 o o d s j
industries
i
Nonelectrical
machinery
4,295
4,328
4,436
4,384
4,208
4,294
c3 rf
c 2,
H
Other 2
E l e c t r i c a l machinery
25, 275
25, 211
25, 026
24, 402
25, 061
_o
C2
0
1950- May
June
22, 914 20, 291
24, 482 21, 507
4,163
4,355
2,564
2,682
2,800
3,172
3,335
3,358
4,237
4,632
3,192
3,308
2,62
2,97
July.
August
September
October
November
December
28, 561
33, 403
36, 190
37, 787
38, 557
40, 638
24, 751
29, 228
31,854
33, 546
34, 219
36, 176
4,758
5,454
5,778
6,008
6,014
6,385
3,058
3,503
3,719
3,833
3,943
4,109
3,365
3,959
4,592
4,719
4,730
5,018
3,840
4,561
5,016
5,398
5,752
6,376
5,940
7,402
8,254
8,970
9,106
9,565
3,790
4,350
4,495
4,617
4,674
4,722
3,81
4,17
4,33
4,24
4,33
4,46
1951: January
February
March,
ApriL.
May
June
47, 155
51, 837
56, 675
58, 906
59, 853
61, 777
41, 717
45, 726
50, 152
52, 625
54, 057
56, 426
6,637
6,943
7,479
7,803
7,905
7,845
4,865
5,328
5,578
5,703
5,777
5,847
5,582 7,465 11, 768
6, 006 8,646 12, 976
6, 617 9,414 14, 953
6,936 10, 037 15, 905
7,215 10, 524 16, 497
7,713 10, 594 18, 041
5,400
5,826
6,110
6,242
6,138
6,386
5,43
6,11
6,52
6,28
5,79
5,35
July.
August.
September
October
November
December.
64, 244
64, 686
64, 640
65, 353
65, 717
65, 795
59, 269
60, 347
60, 666
61, 665
62, 076
62, 410
8,227
8,317
8,134
8,539
8,202
8,074
5,824
5,807
5,880
5,810
5, 766
5,739
8,106
8,300
8,436
8,593
8,668
8,954
6,430
6,495
6,254
6,164
5,947
5,780
4,97
4,33
3,97
3,68
3,64
3,38
Durable-goods industries
3
e
£
1
-%
-ical maicry
Fabricated metals
29, 842
29, 858
29, 432
28, 504
29, 216
13
1
P
s
Total manufacturing
Primary metals
Durable-goods industries
30, 370 25, 694
1948: January
February
March
April.
May__.
June.-
1950: January
February
March
April
[Millions of dollars, not adjusted for seasonal variation]
N o n d u r a b l e - 3g o o d s
industries
T o t a l manufacturing
[Millions of dollars, not adjusted for seasonal variation]
Fabrica
Table 2.—Manufacturers' Unfilled Orders.
November 1952
Primary metals
18
e
o^
Jo .
'C C'
11
o5
o C
o>'"
'is
0 ^
£
11, 296
11, 865
11, 908
11, 946
11,916
12, 018
11
;_
19, 387
19, 562
20, 055
20, 612
21, 577
21, 846
1
2
As of end of period.
Includes professional and scientific instruments, lumber, furniture, stone, clay and glass
and
miscellaneous industries.
3
Includes textile, leather, paper, and printing and publishing industries. Unfilled orders
of other nondurable goods industries are considered to be zero.
Source: U. S. Department of Commerce, Office of Business Economics.
BUSINESS INVENTORIES AND SALES
Business Inventories 1
[Millions of dollars]
Wholesale trade
Manufacturing
Total
Total
durable
goods
Total
nondurable
goods
Total
Durable
goods
Nondurable
goods
Total
Durable
goods
Retail trade
Nondurable
goods
Total
Durable
goods
Nondurable
goods
Unadjusted
62, 041
1950: December
1951: January
February .
March
ApriL_
May
__
_
_
_
_ _
JuneJuly
August
September
October
November _
December
_ . . _ __
1952: January
February
March
April
May
June
__
__ _
July
August
September *
_
_ _ _ _ _ _
29, 273
32, 768
34, 176
16, 660
17, 516
9,561
4,279
5,282
18, 304
8,334
9,970
18, 005
18, 164
18, 641
19, 229
19, 466
19, 740
9, 964
10, 182
10, 504
10, 605
10, 663
10, 508
4,539
4, 696
4,976
5,202
5,375
5, 384
5,425
5,486
5,528
5, 403
5,288
5,124
19, 161
20, 344
22, 058
22, 372
22, 319
21, 510
8,613
8,928
10, 124
10. 557
10, 631
10, 391
10, 548
11,416
11, 934
11, 815
11, 688
11,119
64, 422
66, 416
69, 359
70, 955
71, 986
71, 808
30, 444
31,351
33, 256
34, 508
35, 545
35, 825
33, 978
35, 066
36, 103
36, 447
36, 442
35, 983
35, 297
35, 890
36, 797
37, 978
39, 004
39, 790
17, 292
17, 727
18, 156
18, 749
19, 539
20, 050
71, 991
72, 567
73, 149
74, 052
74, 745
72, 736
36, 039
36, 074
36, 175
36, 535
36, 846
36, 754
35, 952
36, 493
36. 974
37, 516
37, 899
35, 982
40, 585
41, 122
41, 480
41, 894
42, 316
43, 056
20, 556
21, 028
21. 395
21, 730
22, 051
22, 650
20, 029
20, 094
20, 085
20, 163
20, 265
20, 406
10, 548
10, 404
10, 457
10, 495
10, 426
10, 150
5,339
5,199
5,116
5,034
4,952
4,904
5,209
5,205
5,341
5,461
5,474
5,246
20, 858
21, 041
21, 212
21, 663
22, 003
19, 530
10, 144
9,847
9, 664
9,771
9,843
9,200
10. 714
11, 194
11, 548
11, 892
12, 160
10, 330
73, 399
74, 119
75, 258
74, 827
73 804
72, 558
37, 572
38, 118
38, 932
39, 228
38, 774
37, 752
35, 827
36, 001
36, 325
35, 599
35, 030
34, 806
43, 373
43, 594
43, 732
43, 614
43, 407
42, 972
22, 992
23, 379
23, 647
23, 813
23, 924
23, 518
20, 381
20, 215
20, 084
19, 801
19, 483
19, 454
10, 341
10, 190
10, 298
10, 110
9,855
9, 761
5,144
5, 114
5,255
5,287
5,161
5,005
5,197
5, 076
5, 043
4,823
4,694
4,756
19, 685
20, 335
21, 228
21, 103
20, 542
19, 825
9,436
9,625
10, 030
10, 128
9,689
9,229
10, 249
10, 710
11, 198
10, 975
10, 853
10, 596
71, 534
71,721
72, 960
36, 480
36, 244
36, 626
35, 054
35, 477
36, 334
42, 660
42, 707
42, 592
23, 050
23, 116
23, 041
19, 610
19, 591
19, 551
9,665
9,735
9,927
4,809
4,814
4,824
4,856
4,921
5,103
19, 209
19, 279
20, 441
8,621
8,314
8,761
10, 588
10, 965
11, 680
Seasonally adjusted
1950: December
62, 905
29, 759
33, 145
34, 118
16, 822
17, 295
9,653
4,474
5,179
19, 134
8,463
10, 671
1951: January
February
March
April
May
June
65, 009
66, 089
67, 831
69, 969
71, 226
72, 041
30, 843
31, 363
32, 406
33, 558
34, 386
35, 167
34, 165
34, 726
35, 425
36, 410
36, 840
36, 873
35, 008
35, 504
36, 362
37, 805
38, 773
39, 684
17, 375
17, 670
17, 959
18, 576
19, 273
19, 903
17, 632
17, 834
18, 403
19, 228
19, 500
19, 780
9,849
10, 017
10, 285
10, 507
10, 697
10, 648
4,531
4,603
4,787
4,967
5,147
5.207
5,318
5,414
5,498
5,540
5,550
5,441
20, 152
20, 568
21, 184
21, 657
21, 756
21. 709
8,937
9,090
9,660
10, 015
9,966
10, 057
11, 215
11, 478
11, 524
11, 642
11, 790
11, 652
_
__ _ _
See footnotes at end of table.
_ _
19
SURVEY OF CURRENT BUSINESS
November 1952
l
Business Inventories —Continued
[Millions of dollars]
Total
Total
durable
goods
Durable
goods
Total
Retail trade
Wholesale trade
Manufacturing
Total
nondurable
goods
Nondurable
goods
Durable
goods
Total
Nondurable
goods
Total
Durable
goods
Nondurable
goods
Seasonally adjusted
_ _
73, 263
73, 731
73, 662
73, 677
73, 883
74, 059
36, 153
36, 708
36, 740
37, 022
37, 316
37, 717
37, 111
37, 023
36, 922
36, 655
36, 567
36, 343
40, 652
41, 532
42, 067
42, 437
42, 692
43, 039
20, 479
21, 121
21, 542
21, 968
22, 337
22, 884
20, 174
20, 411
20, 525
20, 469
20, 355
20, 156
10, 798
10, 566
10, 482
10, 445
10, 373
10, 266
5,387
5,329
5,278
5,248
5,182
5,107
5,411
5,237
5,204
5,197
5,191
5, 159
21, 813
21, 633
21, 113
20, 795
20, 818
20, 754
10, 287
10, 258
9,920
9,806
9,797
9,726
11, 526
11, 375
11, 193
10, 989
11,021
11, 028
_____
73, 996
73, 829
73, 620
73, 876
73, 074
72, 913
38, 012
38, 113
38, 039
38, 274
37, 662
37, 236
35, 984
35, 716
35, 581
35, 601
35, 413
35, 677
43, 077
43, 168
43, 237
43, 402
43, 144
42, 892
23, 110
23, 313
23, 401
23, 596
23, 595
23, 348
19, 967
19, 855
19, 836
19, 805
19, 550
19, 544
10, 238
10, 036
10, 062
9,997
9, 861
9,896
5, 127
5,011
5,055
5,054
4,955
4,858
5,111
5,025
5,007
4, 943
4, 908
5,038
20, 681
20, 625
20, 321
20, 477
20, 069
20, 125
9,775
9,789
9, 583
9,624
9,112
9,030
10, 906
10, 836
10, 738
10, 853
10, 957
11, 095
72, 765
72, 714
73, 377
36, 575
36, 760
37, 125
36, 190
35, 955
36, 251
42, 748
43, 107
43, 151
22, 962
23, 200
23, 186
19, 786
19, 908
19, 964
9,890
9,862
9,927
4,864
4,934
4,957
5,026
4,928
4,970
20, 127
19, 745
20, 299
8,749
8, 626
8,982
11, 378
11, 119
11, 317
1951: July
August
September
October
November
December
__
1952: January
February
March
April
May
June
_
July
August
September v
__
__ _
»1 Preliminary.
Includes the new series on retail inventories based on a change in the method of estimation adopted by the Bureau of the Census. See description of new series on retail store inventories
in this issue of the SURVEY.
Source: U. S. Department of Commerce, Office of Business Economics.
Business Sales 1
[Millions of dollars]
Manufacturing
Total
Total
durable
goods
Total
nondurable
goods
Total
Durable
goods
Retail Trade
Wholesale Trade
Nondurable
goods
Total
Durable
goods
Nondurable
goods
Total
Durable
goods
Nondurable
goods
Unadjusted
1951: January
February
March
April
May
June
_ _ __
.__
_
July
August
September
October
November
December
1952: January
February
March
April
May
Juno
_ _
_ _
.
.
__
__
_ _ _ _ _ _
_ _
July
August
September 1
44, 705
41, 825
46, 361
42, 882
44, 777
43, 651
17, 987
17, 111
19, 571
18, 282
18, 798
18, 273
26, 717
24, 713
26, 790
24, 600
25, 979
25, 376
22, 624
21, 725
24, 182
22, 245
22, 959
22, 107
10, 341
10, 085
11, 820
10, 894
11, 116
10, 769
12, 282
11, 640
12, 362
11, 351
11, 842
11, 337
9,451
8,383
8,753
8,103
8,525
8,278
3,030
2,793
3,128
2,932
2,900
2,777
6,421
5,590
5,625
5,171
5,625
5,501
12, 630
11, 717
13, 426
12, 534
13, 293
13, 266
4,616
4,233
4,623
4, 456
4,782
4,727
8,014
7,483
8,803
8,078
8,512
8,538
40, 420
45, 193
43, 891
48, 444
45, 620
45, 675
15, 935
18, 152
17, 399
19, 399
17, 627
17, 048
24, 484
27, 041
26, 492
29, 043
27, 993
28, 627
19, 980
22, 737
21, 768
24, 303
22, 360
21, 026
9,101
10, 489
10, 029
11, 509
10, 542
9,963
10, 879
12, 248
11, 739
12, 793
11,818
11, 063
8,076
9,188
9,020
10, 283
9,869
9,274
2,546
2,929
2,875
3,144
2,850
2,542
5, 530
6, 259
6,145
7,139
7,019
6,732
12, 364
13, 268
13, 103
13, 858
13, 391
15, 375
4,288
4,734
4,495
4,746
4,235
4,543
8,075
8,534
8,608
9,111
9,156
10, 832
42, 890
42, 314
44, 049
44, 533
44, 944
43, 707
16, 664
17, 054
17, 988
18, 581
18, 986
18, 148
26, 225
25, 261
26, 059
25. 952
25, 958
25, 560
22, 260
22, 416
23, 205
22, 950
22, 478
21, 653
10, 459
10, 694
11, 270
11, 237
11, 056
10, 298
11, 801
11, 723
11, 934
11,713
11, 422
11,356
8,786
8, 154
8,108
8,187
8,116
8,240
2,412
2,493
2,579
2,771
2,706
2,728
6,374
5,661
5,529
5,416
5, 410
5.512
11, 844
11, 744
12, 736
13, 396
14, 350
13, 814
3,793
3, 867
4,139
4,573
5,224
5,122
8, 050
7,877
8, 596
8,823
9,126
8,692
42, 071
44, 809
48, 258
16. 217
17, 692
19, 805
25, 854
27, 117
28, 452
20, 079
22, 662
24, 780
8,872
10, 636
12, 020
11, 207
12, 026
12, 759
8. 596
8, 699
9,609
2,718
2. 646
2,983
5, 878
6,053
6,626
13, 396
13, 448
13, 869
4,627
4,410
4,802
8,769
9,038
9,067
Seasonally adjusted
1951: January
February
March
April
May
June
July
August
September
October
November
December
1952: January
February
March
April
_
May
June
July
August
September »
_
_
_
_
_ _ __
_
_ _ __
__
_
_ _ _ _ _ _
__ _
___ __
_ _
..
46, 771
45, 854
45, 224
44, 513
45, 584
43, 779
19, 413
18, 997
18, 971
18, 359
18, 723
17, 715
27, 358
26, 857
26, 253
26, 154
26. 861
26, 063
22, 964
22, 778
23, 064
22, 836
23, 746
22, 329
10, 721
10, 717
11, 166
10, 972
11, 397
10, 576
12, 243
12, 061
11, 898
11, 864
12, 349
11, 752
9,780
9,217
8,998
8,792
8,859
8,537
3,432
3,101
3,125
2,946
2,854
2,740
6,348
6,116
5, 873
5,846
6,005
5,797
14, 027
13, 859
13, 162
12, 885
12, 979
12, 913
5,260
5, 179
4,680
4,441
4,472
4,399
8,767
8,680
8,482
8,444
8,507
8,514
43, 044
43, 888
42, 429
45, 180
44, 637
42, 794
16, 936
17, 461
16, 789
18, 042
17, 853
16, 638
26, 108
26, 427
25. 639
27, 138
26, 784
26, 156
21, 788
22, 007
20, 892
22, 726
22, 373
20, 962
10, 076
10, 314
9,694
10, 770
10, 710
9,745
11, 712
11, 693
11, 197
11, 956
11, 663
11, 217
8,460
8,807
8,545
9,224
9,025
8,765
2,637
2,760
2, 697
2,835
2,791
2,642
5,823
6,047
5,848
6,389
6,234
6,123
12, 796
13, 074
12, 992
13, 230
13, 239
13, 067
4,223
4,387
4, 398
4,437
4,352
4,251
8,573
8,687
8,594
8,793
8,887
8,816
44, 792
45, 866
43, 431
45, 748
45, 533
44, 395
17, 931
18, 736
17, 524
18, 593
18, 928
17, 659
26, 861
27, 130
25, 908
27, 154
26, 604
26, 736
22, 634
23, 506
22, 085
23, 538
23, 247
21, 902
10, 861
11, 352
10, 632
11, 310
11, 328
10, 074
11, 773
12, 154
11, 453
12. 228
11, 918
11, 828
9,004
8,954
8,326
8,862
8,448
8,493
2,704
2,773
2,578
2,787
2,669
2,698
6,300
6,181
5,748
6,075
5,779
5,795
13, 154
13, 406
13, 020
13, 348
13, 838
14, 000
4,366
4,611
4,314
4,496
4,931
4,887
8,788
8,795
8,707
8,851
8,907
9, 113
44, 484
43,548
46, 609
17, 117
17, 110
18, 957
27, 367
26, 437
27, 653
21, 889
21, 873
23, 647
9,808
10, 412
11, 524
12, 081
11, 460
12, 123
8,949
8,371
9,139
2,817
2,495
2,793
6,132
5,876
6,346
13, 646
13,304
13, 823
4,492
4,203
4,640
9, 154
9,101
9,184
» Preliminary.
1
Includes the new series on retail sales based on a change in the method of estimation adopted by the Bureau of the Census, See description of new series on retail store sales in September
issue of the SURVEY.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
20
November 1952
Personal Consumption Expenditures, Seasonally Adjusted at Annual Rates: Revised Data for Page S-8 1
[Billions of dollars]
Durable goods
Nondurable goods
Services
Total
Automobiles
and
parts
Furniture
and
household
equipment
Other
Total
Clothing
and
shoes
Food
and
alcoholic
beverages
Gasoline
and
oil
178.7
180.2
180.5
183.0
22.4
23.6
24.5
25.0
8.2
9.4
10.0
10.0
10.3
10.4
10.8
11.3
3.8
3.8
3.6
3.7
100.1
99.6
98.1
99.1
19.7
19.4
18.3
18.6
59.2
58.9
58.6
58.9
4.4
4.6
4.7
4.8
2.0
1.9
1.9
1.9
180.6
23.8
9.4
10.7
3.7
99.2
19.0
58.9
4.6
184.9
189.3
203.5
199.4
26.0
26.7
34.2
29.7
10.3
11.3
14.3
13.1
11.9
11.6
15.8
12.6
3.7
3.8
4.0
4.1
98.7
100.8
106. 2
105.3
18.1
18.6
19.7
19.4
59.0
60.0
63.4
63.0
_ __
194.3
29.2
12.3
13.0
3.9
102.8
18.9
_
210.5
204.5
206.4
210.5
31.3
26.3
25.5
25.3
12.6
11.0
9.9
9.5
14.5
11.2
11.5
11.6
4.2
4.1
4.1
4.3
113.3
111.3
113.2
116.2
208.0
27.1
10.7
12.2
4.2
113.5
Year and quarter
Total
Semidurable
Tobachouseco
furnishings
Household
Housopering
ation
Personal Recreservice ation
Transportation
Other
Total
4.3
4.3
4.3
4.3
10.6
10.6
10.5
10.6
56.3
57.0
57.9
58.9
8.1
8.2
8. 3
8.6
17.5
17.8
18.2
18.7
3.8
3.8
3.8
3.8
4.0
3.9
4.0
4.0
5.1
5.1
5.1
5.0
17.8
18.2
18.5
18.8
1.9
4.3
10.6
57.5
8.3
18.1
3.8
4.0
5.1
18.3
4.8
4.9
5.0
5.0
1.9
1.9
2.4
2.0
4.3
4.4
4.4
4.6
10.7
11.0
11.4
11.3
60.1
61.8
63.1
64.4
8.8
9.2
9.3
9.8
19.2
19.7
20.1
20.5
3.8
3.8
3.9
3.9
4.0
4.0
4.0
4.0
5.0
5.1
5.2
5.3
19.4
20.0
20.6
20.9
61.4
4.9
2.0
4.4
11.1
62.4
9.3
19.9
3.8
4.0
5.2
20.3
20.7
19.7
20.0
20.7
68.5
68.2
69.5
70.4
5.3
5.2
5.2
5.6
2.3
2.1
2.1
2.0
4.6
4.6
4.7
4.9
11.9
11.5
11.7
12.5
65.9
66.9
67.6
69.0
10.1
10.1
10.1
10.6
21.0
21.5
22.0
22.5
4.0
4.1
4.1
4.1
4.0
4.1
4.3
4.0
5.4
5.5
5.5
5.7
21.2
21.5
21.6
22.0
20.3
69.2
5.3
2.1
4.7
11.9
67.3
10.3
21.8
4.1
4.1
5.5
21.6
Other
1949
First quarter
Second quarter. _ _ __
Third quarter
Fourth quarter
Year
1950
First quarter __
Second quarter
Third quarter
Fourth quarter.
Year
1951
First quarter
Second quarter
Third quarter
Fourth quarter
Year
1
Compiled by the U. S. Department of Commerce, Office of Biisiness Economics. Data reflect revisions occasioned by the availability of new source materials; annual data for 1949-51,
howing a breakdown by type of product, appear on pp. 24 and 25 of the July 1952 SURVEY.
Review of National Income and Product in the Third Quarter
(Continued from p. 6)
marked in the June quarter. The higher wage rates attained
in the third quarter gave rise to a small net increase in payrolls.
Payrolls in most other durable-goods industries maintained their second-quarter position or increased slightly.
Due to the strike losses in the intervening months, it is
instructive to compare payrolls in April and September—-the
beginning and end of this unsettled 6-month period. Such
a comparison reveals an increase in payrolls of approximately $2 billion at annual rates as contrasted to the decline
of almost $}£ billion shown on the quarterly basis. This is
indicative of the strength of the recent comeback in heavy
industry.
Nondurable-goods payrolls advance
Wages in nondurable manufacturing, which had lagged in
the past three quarters, registered an increase of approximately $1 billion at annual rates in the September quarter.
About half of this advance reflected the more-than-seasonal
pickups in the textile and apparel industries noted earlier in
this review. Payrolls in the petroleum refining industry
recaptured their former level following the settlement of the
labor dispute in that industry. It is also significant that
none of the major nondurable groups reported wage declines.
Almost all of the payroll increase from the preceding quarter in the nondurable-goods industries was attributable to
a l^-percent increase in employment and a 2-percent increase in average hours worked per week. The increases in
hourly wage rates were on the whole nominal.
The distributive industries—trade, transportation, and
communications and public utilities-—accounted for the
bulk of the payroll increases in private nonmanufacturing
industries. In the main, these were the product of moderate
increases in employment and in hourly wage rates. The
advance in the communications industry represented a recovery from the strike-affected level of the second quarter.
Government payrolls at an annual rate of $32}£ billion
in the third quarter accounted for $K billion of the total increase in wages and salaries. This increase was the same
as that of the second quarter. Half of it occurred in State
and local government payrolls, and the remainder was
divided between Federal military and Federal civilian
payrolls.
Proprietors" and rental income stable
Proprietors3 and rental income in the third quarter was at
an annual rate of $52/2 billion, about $/<> billion above the
second-quarter rate. The increase occurred primarily in
farm income which reflected the advance in seasonally adjusted cash receipts from marketings of crops and livestock.
A rise in prices received by farmers, particularly for crops,
accounted for approximately half of the increase in marketings. In the important retail trade sector the decline and
subsequent recovery of new car sales caused fluctuations that
were largely offsetting for the quarter as a whole.
Other components of income flow
The combined flow of personal interest income and dividends remained substantially unaltered in the third quarter.
Third-quarter dividends at $9 billion (annual rate) were the
same as in the corresponding period of 1951, and also equal
to the average for the entire period since the third quarter of
1951.
Transfer payments, recently a relatively stable component,
registered an increase of about $K billion (annual rate) in
the third quarter as a net result of divergent changes in
several types of veterans' payments. The newly authorized
mustering-out pay to Korean veterans and increased pension
and compensation rates were partly offset by reduced payments of National Service Life Insurance dividends and State
bonuses to veterans, as well as by declines in subsistence
payments to veterans attending schools.
* BUSINESS STATISTICS
J- HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, and monthly averages for earlier years
back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1947. Series
added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index
numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely.
vided through the courtesy of the compilers, and are subject to their copyrights.
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1952
1951
k e
' bor m "
November
Goober
Data from private sources are pro-
Docomher
January
February
March
A]iril
May
June
July
August
^b^r™"
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates:
National income total
bil of dol
280 2
181 0
172 1
142 0
288 0
186 5
177 4
145 8
10.0
2) 7
9 0
52 1
27 3
15 4
9 4
286 9
186 9
177 8
145.6
190 3
181 0
148 3
9.1
21.0
8 9
50 8
26 0
15 8
91
285 6
183 4
174 3
143. 8
9.6
20.9
9 1
53 1
26 6
17. 0
9 4
9
51
27
14
9
9
59
27
15
9
41 9
38.6
21 8
16.9
3 2
6.5
42 5
39. 5
22 2
17.3
30
6.6
42 7
42.7
24 7
18.1
— 1
6.7
41 2
39 5
22 9
16 6
17
Gross national product, total
do
Personal consumption expenditures total do
Durable goods
do
Nondurable goods
do
Services
do
Gross private domestic investment
do
New construction
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment
do
Government purchases of goods and services,
total
bil of dol
Federal (less Government sales)
do
National security $
do
State and local
do
330.9
206 4
25.5
113. 2
67.6
50 2
22 4
24.9
8 9
1.1
337.1
210. 5
25.3
116. 2
69. 0
52 9
22.4
24.7
5.8
2.6
67.3
45 5
41 6
21 7
71.2
48 9
44 3
22 3
74
51
46
23
Personal income total
Less' Personal tax and nontax payments
Equals' Disposable personal income
Personal savin g§
256 1
29 0
227 1
20.7
262.0
30 4
231. 5
21.1
263 0
32 5
230 5
17.3
"Wages ard salaries total
do
Private
do
Military
do
Government civilian
do
Supplements to wa°'es and salaries
do
Proprietors' and rental income totaled do
lousiness and professional cf
do
Farm
do
Rental income of nersons
do
Corporate profits and inventory valuation adjustment total
bil of dol
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Inventory valuation adjustment
do
Net interest
do
do
do
do
do
_
r
r
339 7
213 2
25.2
118 0
70. 0
50 0
23 7
25.7
6
r
2 2
4
2
4
2
2
9
6
8
^
3
5
5
2
8
o
6.9
7. 1
342 6
214 9
26.4
117 8
70.8
49 3
23 6
25 7
r
4
343 4
215 0
24 2
118 9
71.9
51 7
23 0
25 0
3 7
—1 2
78
54
50
23
0
9
3
0
77
54
49
23
1
9
8
6
1
268 9
33 6
235 3
20.3
264 4
32 9
231 5
16.5
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates:
Total personal income
bil of dol
Wage and salary disbursements, total
do
Commodity-producing industries
do
Distributive industries _ __
do
Service industries
do
Government _ _ _ _ _ _ _ _d o
Wai'e and salary receipts, total
do _
Other labor income
do
Proprietors' and rental income.
do
Personal interest income and dividends.. do
Transfer payments
do
Less personal contributions for social insurance O
bil. of dol. _
Total nonagricultural income .
__.do ___
257.3
172.1
75.7
46.3
20.4
29.7
168.8
4.2
50.9
21.0
12.4
261.7
174.0
75.9
46.5
20.7
30.9
170.5
4.3
53.4
20.8
12.7
260.9
174.8
75.8
46.5
20.8
31.7
171.3
4.2
52.5
20.5
12.4
263. 4
176.0
77.5
46.7
20.8
31.0
172.6
4.3
53.3
21.1
12.1
263.4
176. 7
77.3
47.1
20.8
31.5
173.1
4.3
53.4
20.1
12.8
263.5
178.0
78.2
47.1
20.9
31.8
174.5
4.3
52.1
20.5
12.4
261.9
177.3
77.7
47.0
20.8
31.8
173.9
262.5
176.7
76.9
47.0
21.0
31.8
173.4
264.5
177.9
76.7
47.7
21.3
32.2
174.6
266 7
179.3
77.2
48.5
21.3
32.3
175. 8
263.9
177.4
74.0
49.3
21.5
32.6
173. 9
50.7
21.0
12.4
51.2
21.5
12.3
51.7
21.5
12.6
52.8
21.4
12.5
52.2
21.3
12.4
4.3
4.4
4.4
4.5
4.5
r
269 6
r 182. 5
'78.7
'49.4
21.5
r
32.9
' 179. 0
4.5
r
51.8
21.4
13. 1
273 3
184.3
80.7
49. 1
21.7
32.8
180.8
4 5
53.5
21.4
13.3
3.3
3.5
3.5
3.4
3.9
3.8
3.8
3.6
3.6
3.8
3.9
3.7
3.7
236.4
239.1
239.5
240.7
241.7
243. 4
242.7
242. 9
244.9
245.9
243.4
«• 249. 4
252.3
NEW PLANT AND EQUIPMENT
EXPENDITURES*
All industries, quarterly total
Manufacturing
Minin0"
Railroads
Transportation, other than rail
Public utilities
Commercial and other. . _
mil. of doL_
do
do
do
do
do
do
6,715
2,841
236
354
372
1,042
1,870
7.421
3, 335
244
432
344
1,117
1,949
6,951
3, 302
6, 228
2,742
208
362
361
847
1,708
"""//:
-
i 7, 125
i 3 381
i 211
i1 331
373
1
1 104
i 1, 726
220
381
378
957
1,713
r
J
Revised.
Estimates for July-September based on anticipated capital expenditures of business.
tRevised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of the July
1952 SURVEY for the data.
^Includes inventory valuation adjustment.
9 Government sales are not deducted.
§ Personal saving is excess of disposable income over personal consump tion expenditures shown as a component of gross national product above.
OData through 1951 represent employee contributions only; thereafter, personal contributions of self-employed
persons are also included.
^Revised beginning 1939. For revised annual data for 1939-51 and for quarterly data beginning 1947, see pp. 20 and 21 of the August 1952 SURVEY.
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
Septem-
October
November
December
January
February
March
April
May
June
July
August
September
GENERAL BUSINESS INDICATORS—Continued
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
do
Dairy products
do
Meat animals
_
do _
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1935-39—100-Crops
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1935-39=100-Crops
- --- -do _ Livestock and products
do
3,348
3,340
1 573
1,767
348
1,067
338
4,216
4,206
2 152
2,054
342
1,344
355
3,712
3, 695
1 885
1,810
325
1,082
394
3,012
2,994
1 433
1, 561
325
873
354
2, 642
2,619
1 111
1, 508
330
924
243
2,043
2,010
638
1,372
330
809
227
2,122
2,079
628
1,451
369
817
254
2,100
2, 053
571
1,482
389
812
262
2,176
2,142
573
1,569
433
825
272
2,381
2,361
851
1,510
427
769
271
2,711
2,697
1 235
1,462
410
759
269
2,882
2,874 i
1 377
l! 497
394 :
812 ;
278
3 612
3! 601
1 918
i] 683
370
984
316
504
556
465
635
760
541
557
666
476
452
506
411
395
393
397
303
226
361
314
222
382
310
202
390
323
202
413
356
301
398
407
436
385
434 '
487 !
394 i
543
677
443
181
211
159
216
265
179
185
206
170
157
160
154
145
137
151
115
82
140
119
76
151
116
64
155
123
68
164
139
108
162
154
165
145
161 i
182 [
145 \
196
237
165
1935-39=100--
223
222
220
217
217
218
217
215
211
205
'194
218
P230
- - --do
232
230
229
227
227
229
228
224
224
215
'203
228
v 239
273
276
261
158
171
151
340
201
190
230
277
261
155
172
146
347
209
198
236
280
263
141
178
122
358
207
196
235
280
261
142
175
125
359
216
206
243
281
261
148
176
133
360
217
204
249
283
263
149
175
135
359
218
204
252
277
245
152
170
143
354
218
203
257
278
246
145
168
133
353
216
199
260
249
r
140
155
169
148
352
210
195
246
' 231
' 139
150
164
143
'332
'200
' 184
241
'
'
'
'
268
241 !
159
174
152
' 337
' 213
' 197
251
P 287
P 266
P 164
P 180
P 156
P 352
P 221
P 210
P 248
217
237
179
206
313
216
212
220
177
201
320
221
205
188
169
219
318
218
208
196
168
232
322
219
212
200
167
239
327
222
216
226
168
242
329
227
224
241
167
260
338
231
' 225
237
169
266
'339
' 229
216
236
160
255
' 285
'160
r 232
261 i
' 170 i
P 233
263
P 169
' 298 1
' 173 !
P 336
P 226
INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
Manufactures
Durable manufactures
do
Iron and steel
do
Lumber and products
do
Furniture
do
Lumber
do
Machinery
- - - do - Nonferrous metals and products
do
Fabricating
do
Smelting and refining
do
258
158
167
153
336
197
190
214
Stone clay and ""lass products
Cement
Cl'-iy products
do
do
do
237
254
180
Transportation equipment
Automobiles (incl parts)
do
do
311
226
230
252
182
228
311
223
do
do
do
do
do
193
197
303
556
91
80
98
177
128
156
210
191
178
304
563
91
81
97
164
98
188
111
185
154
302
563
88
79
94
158
95
195
96
184
145
302
562
100
86
110
151
86
193
83
186
152
300
562
109
96
118
149
97
175
84
184
155
298
563
108
86
122
148
116
165
82
180
155
295
559
102
84
114
149
152
152
89
180
158
291
558
105
90
115
154
197
147
96
187
176
296
563
102
90
111
165
217
147
' 124
181
186
'295
564
90
77
98
174
215
137
182
'195
159
' 300
' 569 i
116
95
129 '
185 |
214
138 i
' 234 |
P 200
159
P 310
P 581
do
do
do
do
do
199
193
303
560
100
83
111
192
169
149
297
do
do
do
do - do
do
- do
do
do
do
do
do
196
191
266
185
214
180
245
163
142
334
114
188
196
191
269
185
212
181
239
154
140
293
114
191
191
187
276
185
214
183
245
157
144
289
120
198
183
181
281
185
215
178
250
152
136
283
118
137
187
185
281
188
211
170
248
157
144
296
116
176
194
190
281
188
212
175
243
160
150
294
122
167
192
188
278
204
210
180
242
152
141
288
112
164
186
181
261
166
205
180
235
144
130
280
108
174
182
175
209
165
157
174
242
151
135
287
117
178
182
177
251
72
216
175
'246
154
133
312
112
197
159
153
'259
67
225
145
' 226
147
111
343
103
179
188
' 180
r
279
169
' 231
157
T
243
r
170
143 !
' 370 j
123
193
192
181
P 281
177
P 233
166
P 254
P 174
145
378
- do
do
do
do
do
do
171
172
79
137
195
166
176
179
104
147
199
163
169
178
99
152
196
115
159
170
86
135
193
89
162
175
91
147
194
88
162
174
77
135
199
91
158
170
68
122
199
90
165
171
74
119
201
130
143
140
73
107
159
159
149
161
74
102
193
74
r 144
155
57
91
190
'81
' 161
' 161 !
61 :
102
'194
r
164
P 179
P 178
88
144
P 201
P 179
do
218
218
219
218
221
222
221
216
211
204
193
' 214 '
P 225
228
226
228
228
231
232
231
225
224
214
202
' 224 \
P 235
274
149
138
201
230
219
217
277
157
149
209
235
212
219
285
158
204
282
159
150
216
243
217
233
182
223
284
162
154
217 !
249
224 |
222
282
154
141
207
235
219
242
172
216
177
239 !
218
252
222
244
175
239
277
152
143
218
257
220
238
173
242
277
142
128
216
259
217
230
168
243
'247
146
134
210
247
222
222
' 170
269
'230
141
128
'201
242
214
215
158
266
' 266 '
' 148 :
135
' 213
251
' 222 .
231 ,
' 164 ;
261 !
P 285
P 152
P 138
P 221
P 248
P 224
227
P 163
261
188
178
298
91
80
163
140
157
163
188
188
299
89
78
160
137
168
121
185
176
298
88
79
160
136
163
123
189
174 1
300 1
100
86
162
137
162
128
190
171
297
107
90
165
138
182
133 1
188
170
294
108
86
166 I
142
179
150
183
157
292
102
84
163
146
165
146
181
150
292
105
90
160
148
146
147
186
152
298
103
92
166
147
148
'161
179
162
298
91
81
'162
145
147
140
' 191 !
151 i
'303 i
116
97 !
163 !
148
158
' 123
P 194
155
P308
Nondurable manufactures
Alcoholic beverages
Chemical products
Industrical chemicals
Leather and products
Shoes
Manufactured food products
Dairv products
IMeat packing
Processed fruits and vegetables
Piper and products
Paper and pulp
Petroleum and coal products
Coke
Gasoline
Printin or and publishing
Rubber products
Textiles ard products
Cotton consumption
Rayon deliveries
Wool textiles
Tobacco products
[Minerals
Fuels
Anthracite
Bituminous coal
Crude petroleum
Metals
_
-
-
- -
Adiusted combined indexed
Durable manufactures
Lumber and products
Lumber
Nonferrous metals
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
Glass containers
-
do
do
do
do
do
do
do
do
do
271
146
135
196
214
228
219
173
246
Nondurable manufactures
Alcoholic beverages
Chemical products
do
do
do
192
184
301
100
84
167
143
168
152
T . th t
Manufactured food products
Dairy products
Meat packing
Processed fruits and vegetables
do
do
do
do
do
;
149
r
...
P 189
173
154
P 257
198
P 166
148
170
P 132
J Revision's for January \^5C&uly 1951 based on final data will be shown later. Revisions for 1910-49, incorporating changes in methods of estimation and adjustments in production, disposition, and prices, areshown on p. 23of the Decemberl951 SURVEY.
.
.
, , . * . , •
^Seasonal factors for a number of industries were fixed at 100 during 1939-42; data for these industries are shown only in the unadjusted series.
SURVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-3
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index— Continued
Adjustedcf— Continued
Manufactures— Continued
isi ondurable manufactures— Continued
Paper and products
1935-39 = 100_ _
Paper and pulp.
do
Printing and publishing
do
Tobacco products
do -
197
192
196
191
179
177
177
185
167
137
Business sales (adjusted), total
mil. of doL
Manufacturing, total
do
Durable-goods industries _ .
do
Nondurable-goods industries _ _ _
_ . do -.
Wholesale trade, total
do
Durable-goods establishments
_.
do _ - .
Nondurable-goods establishmentsdo _.
Retail trade, total
do
Durable-goods stores _
_ _
do Nondurable-goods stores
_ _ _ do._-
191
187
184
182
192
188
185
181
182
175
181
176
160
154
177
175
177
174
175
184
170
178
176
189
157
172
* 180
105
186
163
122
167
125
107
128
164
125
166
141
140
143
147
65
142
' 65
' 156
' 131
v 174
v 150
44, 637
22, 373
10, 710
11, 663
9,025
2,791
6,234
13, 239
4,352
8, 887
42, 794
20, 962
9,745
11,217
8,765
2,642
6,123
13, 067
4,251
8,816
44, 792
22, 634
10, 861
11, 773
9,004
2, 704
6, 300
13 154
4,366
8,788
45, 806
23 506
11,352
12, 154
8 954
2,773
6, 181
13 406
4,611
8,795
43, 431
22 085
10, 632
11,453
8,326
2,578
5,748
13 020
4,314
8,707
45, 748
23 538
11,310
12, 228
8,862
2,787
6, 075
13 348
4,496
8,851
45, 533
23 247
11, 328
11,918
8 448
2 669
5, 779
13 838
4 931
8,907
44, 395
21 , 902
10, 074
11,828
8 493
2,698
5, 795
14 000
4,887
9,113
' 44, 486
21, 889
9,808
12, 081
8 949
2,817
6,132
' 13, 648
' 4, 494
9,154
' 43, 587
' 21, 873
'r 10,412
11, 460
' 8, 371
2,495
' 5, 876
' 13, 343
T
4, 200
' 9, 142
46, 589
23, 647
11, 524
12, 123
9, 139
2, 793
6, 346
13, 803
4, 634
9,168
73, 677
42, 437
21, 968
20, 469
10, 445
5,248
5,197
20, 795
9, 806
10, 789
73, 883
42 692
22, 337
20 355
10, 373
5,182
5,191
20, 818
9,797
11,021
74, 059
43, 039
22, 884
20 156
10, 266
5,107
5,159
20, 754
9, 726
11, 028
73, 996
43, 077
23, 110
19, 967
10, 238
5,127
5,111
20, 681
9,775
10, 906
73, 829
43 168
23, 313
19 855
10, 036
5,011
5, 025
20, 025
9,789
10, 836
73. 620
43', 237
23, 401
19 836
10, 062
5, 055
5,007
20, 321
9, 583
10, 738
73, 876
43, 402
23, 596
19 805
9,997
5, 054
4,943
20, 477
9, 624
10, 853
73, 074
43 144
23 595
19 550
9,861
' 4, 955
4,906
20 069
9,112
10 957
72, 913
42 892
23, 348
19 544
9, 896
4, 858
5,038
20,125
9,030
11, 095
72, 765
42 748
22, 962
19 786
9,890
4,864
5,026
20, 127
8, 749
11 378
' 72, 714
' 43, 107
' 23, 200
' 19 908
' 9 862
4, 934
' 4, 928
19 745
8, 626
11 119
73, 377
43, 151
23, 186
19,964
9,927
4, 957
4,970
20, 299
8,982
11,317
21, 768
10, 029
11, 739
24, 303
11, 509
12, 793
22, 360
10, 542
11,818
21, 026
9, 963
11, 063
22, 200
10, 459
11, 801
22,416
10, 694
11, 723
23, 205
11, 270
11, 934
22, 950
11, 237
11, 713
22 478
11 056
11,422
21, 653
10, 298
11,356
20 079
8 872
11, 207
' 22 662
' 10 630
' 12, 020
24, 780
12, 020
12, 759
20, 892
9,694
1,912
1,044
1,026
1,658
1,425
522
303
22, 726
10, 770
2, 053
1 231
1,038
1,947
1,532
573
334
22, 373
10, 710
2,065
1 202
1, 047
1,997
1,534
614
345
20, 962
9, 745
1,889
1,070
999
1, 863
1,295
615
276
593
515
537
425
23, 506
11,352
2,018
1 205
1, 103
2,130
1,045
733
300
22, 085
10 632
1,973
1 126
1,059
1,970
1,599
677
313
23, 538
11,310
1,994
1 250
1,030
2 079
1, 736
746
318
23, 247
11 328
1 934
1 197
1,069
2 033
1,812
817
336
21, 889
9 808
1, 144
1 184
1, 106
1,942
1, 167
790
377
' 21, 873
' 10 412
1,905
1 053
1, 108
1,833
1,309
'811
'389
'000
239
629
237
561
245
531
284
592
280
701
257
597
303
684
297
684
21,902
10, 074
1, 005
1 085
1,154
1,964
1,815
736
350
597
483
265
619
23, 647
11,524
2,058
1,141
1,252
1,986
1,837
848
418
658
536
22, 634
10, 861
1, 964
1 240
1, 064
2,050
1,647
645
264
11,217
3, 116
504
281
1, 122
950
12. 154
3,382
11 453
3, 126
12, 228
3,280
11,828
3,171
638
310
1,116
1,124
290
625
684
1,495
1,945
430
12,081
3, 267
609
325
1, 162
1,171
267
050
704
1, 500
1, 950
408
r
362
11,773
3,101
499
318
1, 143
997
252
714
760
1, 523
1,938
468
174
144
170
122
42, 429
20, 892
9,694
11, 197
8,545
2,697
5,848
12, 992
4,398
8,594
45, 180
22, 726
10, 770
11, 956
9,224
2,835
6, 389
13, 230
4, 437
8,793
Business inventories, book value, end of month
(adjusted), total
mil. of doL.
Manufacturing, total
do _ _
Durable-goods industries ._
. . do..-.
Nondurable-goods industries
do
Wholesale trade, total
.
do _.
Durable-goods establishments _- _
do
Nondu rable-goods establishments
do
Retail trade, total
_
_
do _ _
Durable-goods stores _ _ _
do -Nondurable-goods stores
do
73, 662
42, 067
21, 542
20, 525
10,482
5,278
5,204
21,113
9,920
11,193
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf
Sales:
Value (unadjusted), total
mil. of dol
Durable-goods industries
do -Nondurable-goods industries
do
do
do
192
181
193
189
175
176
174
147
Minerals
Metals
188
187
185
175
194
165
187
BUSINESS SALES AND INVENTORIES^
Value (adjusted), total
do
Durable-goods industries, total
do
Primary metals - - . _ _ _ _ _ _
do
Fabricated metal products
do
Electrical machinery and equipment- --do
Machinery, except electrical - do
Motor vehicles and equipment
do
Transportation equipment, n. e. s
do
Furniture and fixtures _ _ .
do
Lumber products, except furniture - _ do
Stone, clay, and glass products
do
Professional and scientific instruments. -do
Other industries, including ordnance, do
Nondurable-goods industries, total
Food and kindred products
Beverages
Tobacco manufactures
_ _ _
Textile-mill products
Apparel and related products __
Leather and leather products
Paper and allied products
__
Printing and publishing
Chemicals and allied productsPetroleum and coal products
Rubber products
Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries
Nondurable-goods industries
By stages of fabrication:
Purchased materials
Goods in process
Finished goods
_.
.__
.._
-_
_.
212
532
do
do
do
do ._
do
do _.
do
do.__
do
do ._
do
do
11,197
3,027
509
264
1,067
819
245
689
706
1,441
1,994
437
11, 956
3,252
447
11,663
3,197
484
287
1,082
976
212
679
718
1,490
2, 097
440
do
do ._.
do
41, 480
21,395
20, 085
41, 894
21, 730
20, 163
42, 316
22, 051
20, 265
43, 056
22, 650
20, 406
42, 067
21, 542
2,638
2,332
2,714
4,889
2,521
1,712
42, 437
21, 968
2,709
2,379
2, 761
5 002
2,615
1,780
42, 692
22, 337
2,718
2 372
2,799
5 131
2,730
1 897
1,007
1,022
1,018
43..039
22 884
2,814
2 414
2,927
5 292
2,733
1 950
549
1, 069
827
757
1,551
499
334
1,151
948
251
717
738
1,520
2,101
621
668
1,419
1,937
614
496
078
549
576
484
687
472
642
509
621
497
522
'201
r
5G3
302
678
618
540
244
583
11, 400
' 3,
012
r
573
12, 123
3, 238
' 1, 058
' 905
' 282
' 067
1, 126
1, 072
' 1, 473
' 2, 003
1,589
2,128
1, 148
1,045
1 093
1, 000
2,047
442
1,515
1 949
1,573
2 028
437
11,918
3,312
568
311
1 148
1,121
274
030
720
1, 500
1 840
424
43, 373
22, 992
20, 381
43, 594
23, 379
20, 215
43, 732
23, 647
20, 084
43, 614
23,813
19. 801
43, 407
23, 924
19, 483
42, 972
23, 518
19, 454
42, 660
23, 050
19, 610
' 42, 707
' 23, 116
' 19, 591
42, 592
23, 041
19, 551
43, 077
23 110
2, 866
2 358
2, 899
5 385
2,747
2 039
43, 108
23 313
2, 893
2 409
3,042
5 428
2, 083
2 082
43 237
23 401
2 882
2 438
3,074
5 465
2 670
2 124
43 402
23 596
2 886
2 445
3,119
5 539
2 669
2 170
43 144
23 595
2 909
2 432
3,133
5 525
2 674
2 177
42, 892
23 348
2,945
2,344
3,107
5 461
2, 562
2 202
500
556
42, 748
22 902
2, 928
2 235
3, 002
5 314
2, 517
2 248
' 43, 107
' 23 200
2,971
2 309
3, 037
5 280
2 641
2 291
43, 151
23, 186
2,993
2, 342
3, 041
5 256
2, 638
2 263
1, 004
1,058
1,041
1,040
1,030
1,005
757
1,528
735
1,504
748
1,498
748
1,400
762
1,444
757
1, 420
' 1,010
'904
'770
r
1, 456
475
312
270
094
733
530
292
958
231
651
702
406
564
318
1,244
1, 130
261
633
760
310
607
452
540
320
280
700
677
do
do
do
Book value (adjusted), total
do
Durable-goods industries, total
do
Primary metals
_
do
Fabricated metal products
do
Electrical machinery and equipment. --do
Machinery, except electrical
do
Motor vehicles and equipment
do Transportation equipment, n e s
do
Furniture and
fixtures
do
Lumber products, except furniture
do _ _ _
Stone, clay, and glass products
do
Professional and scientific instruments -do
Other industries, including ordnance- --do
r
562
497
603
844
722
1,560
584
834
735
1,546
573
819
749
1,532
509
1,004
857
750
1,509
501
866
549
903
560
922
926
937
555
922
532
539
1, 016
891
762
1,445
Revised.
* Preliminary.
d" See note marked "cf" on p. S-2.
§ The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on this page; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.
tRevised series. All components of business sales, inventories, and orders have been revised since publication of the 1951 STATISTICAL SUPPLEMENT. The latest revision (affecting data
back to 1949) and appropriate explanations of changes for all series except retail sales appear in the October 1952 SURVEY (see pp. 12 ff.) and in the November 1952 issue (see pp. 18 ff.); the new
estimates of retail sales (which begin with data for 1951), together with the revised old series for 1951, were first shown in the September 1952 SURVEY, pp. 17 ff. Data through 1948 for manufacturers' sales and inventories and wholesale sales and inventories, comparable with current figures, appear in the October 1951 SURVEY (see pp. 17-19 and 23, 24).
SURVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
1
i
July
August
September
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDER Sf— Continued
Inventories, end of month— Continued
Book value (adjusted)— Continued
Nondurable-goods industries, total-.mil. of dol_.
Food and kindred products
do
Beverages
- - __do _ _
Tobacco manufactures
do
Textile-mill products
_ _ d o ..
Apparel and related products
_ _ do _
Leather and leather products .
_..do
Paper and allied products
..-- - _ _ d o Printing and publishing
_ do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber products
do
New orders net (adjusted) totalO
Durable-goods industries totil
Primary metals
-_
Fabricated metal products
Electrical machinery and equipment
Machinerv, except electrical
Transportation equipment,
including
vehicles and pa r ts
mil
Other industries, including ordnance
Nondurable-°"oods industries total
Industries with unfilled orders 9
Industries without unfilled orders^
do
do
do
do
do
do
motor
of dol
do
do
do _
do
Unfilled orders (unadjusted), totalO - ... --do _ _ Durable-goods
industries, total
do
Prima r v metals
do
Fabricated metal products
do
Electrical machinery and equipment
do
Machinerv except electrical
_do _
Transportation equipment, including motor
vehicles and parts
mil. of dol
Other industries including ordnance
do
Nondurable-goods industries total 9
- do __
20, 525
3,641
1. 250
1, 660
3.409
1.882
19, 855
19, 836
3,479
3.456
3,549
1, 233
1.761
1,229
1,287
1,694
3,045
2, 991
1,779
2,874
3,556
1,317
1, 685
2,772
1, 650
587
1, 032
772
2, 998
2,602
865
19, 967
20, 469
3, 668
1.232
1,691
3, 336
1,808
20. 355
3. 572
1,247
1, 749
3,192
1, 828
20, 156
677
930
759
643
943
780
613
986
795
2, 971
2, 620
2, 993
2. 630
3, 002
2. 618
2, 984
2, 600
698
744
782
843
615
995
786
2,979
2,574
840
23. 406
22, 174
10 937
1,737
1. 176
1, 274
2, 092
22, 695
11 115
2, 013
1, 175
1, 195
1,966
23, 493
2,421
2, 346
11,579
705
925
764
21, 133
10 266
1,816
2, 683
554
r 543
1, 955
1, 708
24, 20!11. 99£
2 23£
1, 40f
1, 24S
1.91E
3, 330
2, 1 16
11,234
2, 457
8,777
3, 447
2, 517
11, 808
2,477
9, 330
3,009
2, 456
11, 792
2, 645
9, 146
4 019
2,592
11,904
2. 791
9, 113
3 069
2, 609
12, 295
2, 996
9,298 i
2 308
2.118
11,854
2, 675
8, 904
2, 488
2, 364
12, 101
2, 792
9, 310
3 0^4
2,172
12, 21C
2,871
9, 339
67, 088
63. 797
7, 983
5,819
9, 227
12, 171
68, 992
65, 887
7, 800
5,781
10, 596
11,941
69, 978
67, 114
8,042
5, 997
10, 735
11,719
69, 230
66, 309
7,838
5, 974
10, 754
11,303
72, 541
69, 340
8,104
6,088
1 1, 302
11,097
75, 076
71, 795
8, 651
6 196
11,497
11, 279
22,414
23, 644
6, 125
3,105
24, 394
6, 228
2,864
24, 344
6,097
2,922 !
26, 478
6, 271
3, 201
27, 563 '
6 609
3,280 i
7,819
7,549
2, 631
9, 099
2, 614
8, 972
64, 640
60, 666
8. 134
5, 880
8, 436
11, 908
65, 352
61. 665
8, 539
5 810
8, 593
65,717
65, 795
11,946
11.916
12,018
66, 823
63, 506
8 125
5, 934
9, 038
12, 165
20, 055
6 254
20. 612
6 164
3, 688
21, 577
5 947
3, 641
21, 846
5 780
3, 385
22, 192
6 052
3,317
3,974
'972
3, 022
' 2, 728
741
21, 500
9. 646
1.497
1,142 !
1, 066
1, 515 1
2 536
2. 123
11, 237
2, 668
8, 568
5 739
8, 954
1,007
558
23, 807
11,512
1,493
1, 252
1, 174
1,916
3 Oil
2, 263
62,410
8,074
1,028
24, 341
12, 437
1,285
1,278
1, 355
1,908
779
2, 966
2, 556
848
23, 075
11, 841
1,749
11,392
1,947
1, 058
1, 550
1, 984
984
6 132
3, 292
778
575
23, 284
11,492
1, 883
1, 275
1, 156
1,713
11,586
62, 076
8, 202
5, 766
8, 668
1, 039
582
877
2 904
2, 456
8, 490
1, 059
864
715
2,995
19, 964
3,444
1,269
1,729
2, 835
1,738
550
976
731
2. 987
2,821
24, 569
12, 761
2, 258
1. 262
1 289
1,934
11,730
2.377
19, 786
3,485
1. 289
1,724
2, 764
1, 685
3,011
2,607
2 375
1.887
10, 867
1;917
19, 544
3,473
1 296
1, 693
2,734
1,537
2, 986
2, 628
1,175
1, 129
1, 783
1, 764
1, 289
1. 346
2,146
581
1,027
19, 550
3,486
1,321
1,704
2,735
1, 543
751
2,973
2,544
878
24 297
12 567
2, 525
1,231
1,313
2, 139
11,820
1, 694
' 19, 908
* 3, 489
* I , 259
1,720
'r 2, 798
1, 770
19, 805
3,522
1,313
1, 693
2, 779
1, 590
r 722
864
884
3, 067
8, 787
11.419 1
11.115
75. 098
71,683
8 16'>
6 434
ll,44f;
10 951
27 912
6 613
3. 338
28 3 '">'-)
6 363
3,416
74, 934
71,595 I
8,310
6 226
1
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
thous
do
do
do
do
do
do
4 012 1
379 0
305 3
858 0
1 668 4
207 7
593 7
N^ew businesses quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
All other
do
do
do
do
do
do
do
91
14
9
16
33
Discontinued businesses, quarterly total
Contract construction
IVIanufacturing
Service industries
Retail trade
A\7holesale trade
All other
Business transfers quarterlv total §
Operating businesses end of quarter total
Contract construction
Manufacturing
Service industries
Retail trade
\Vholesale trade
All other
r
4, 035. 9
r 390. 6
'• 305. 1
>• 863. 2
»• 1,r 663. 9
210. 0
«• 603. 2
4 014 0
380. 3
304.3
859. 6
1, 664. 0
208 4
597. 5
122.8
24.2
12.9
21.2
41.6
13 4
82. 4
12 8
88
15 3
29 1
39
12 5
do
do
do
do
do
do
do
95
13
11
16
39
3
11
7
3
8
8
0
5
2
80.6
11 6
9 9
13 7
33 6
31
88
MOO. 8
«• 13.9
do
102 4
83 7
130.2
number. -
5,950
6,812
6,289
620
39
84
150
643
57
85
150
304
47
587
48
68
106
307
58
612
48
71
131
296
66
29, 742
2,044
1,937
12, 219
6,707
6,835
17, 567
19, 403
1,874
2, 251
6,515
5,177
3,586
4
9
2
5
7
5.3
17.6
r
r
12. I
17. 6
Ml.
6
T
3 7
r
11.9
BUSINESS INCORPORATION Stf
New incorporations (48 States)
0,913
8,357
7,138
7,902
8,284
7,915
671
68
143
348
62
619
52
70
133
304
60
715
55
72
148
371
69
780
58
93
171
375
83
638
60
75
111
333
59
671
52
78
128
340
73
26, 208
4,249
2,672
8,365
7,761
3,161
19, 474
1,649
1,935
5,614
6, 548
3, 728
29, 232
4,563
2,485
13, 046
6,905
2, 233
29, 530
1,744
3,853
12, 633
7,050
4,250
21, 193
1,219
2,646
10, 217
5,264
1.847
21, 222
1,971
2,990
6,971
7,024
2,266
r
1, 188
7,529
580
41
48
133
299
59
594
51
58
109
316
60
539
36
50
107
288
58
22, 789
1,466
3,196
8,882
5,434
3,811
16, 322
1,809
1.816
5,056
5,255
2,386
20, 138
947
2,729
6,780
5,317
4,365
INDUSTRIAL AND COMMERCIAL
FAILURES^1
Failures total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
Liabilities total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
r
number
do
- do _
do
. do _.
- do
thous of dol
do
do
do
do
_ clo _
277
70
26, 643
782
4,668
14, 908
4,826
1,459
952
3,740
6,158
4,369
2,348
-
50
Revised.
f Preliminary.
f Revised series. See corresponding note on p. S-3.
O Adjusted data for new orders replace the unadjusted scries formerly shown; for data beginning 1948, including those for unadjusted unfilled orders, see pp. 17 and 18 of this issue of the
SURVEY.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
^For these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 STRVEY
cf Data are from Dun & Bradstreet, Inc.
SURVEY OF CURRENT BUSINESS
November 1952
S-5
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September
October
November
December
January
February
March
April
May
June
July
August
September
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
291
239
233
216
423
283
201
161
288
337
411
283
247
296
247
239
219
445
304
188
171
296
340
410
294
247
301
267
249
224
424
345
172
249
307
332
387
305
249
305
280
253
233
440
339
177
331
309
328
379
314
233
300
277
251
234
431
325
171
337
303
320
376
316
200
289
259
249
230
436
313
168
217
296
317
377
317
181
288
265
251
229
435
309
176
265
284
310
372
305
177
290
272
250
229
435
313
179
308
279
306
372
291
180
293
270
245
227
436
303
190
285
280
313
394
281
175
292
277
238
226
437
319
220
250
289
306
380
277
181
295
276
230
227
436
311
214
287
307
312
376
286
208
295
272
236
233
436
319
206
229
310
316
372
295
225
288
264
240
234
428
329
200
182
305
309
349
307
227
271
268
275
272
268
277
274
271
277
273
272
275
275
271
278
276
271
281
275
270
280
276
271
280
276
271
281
273
272
273
273
273
273
274
273
274
271
270
272
282
283
284
284
287
288
288
289
289
286
286
287
285
103
105
106
107
105
100
100
100
101
102
103
103
101
All commodities (U. S. Department of Commerce
index)
1935-39=100
207.4
209.0
210.3
210. 8
210.9
208.9
208.7
209.7
210.3
210.6
211.8
211.8
211.1
Coal (U. S. Department of Labor indexes) :f
Anthracite chestnut
1935-39=100
Bituminous all sizes
do
212. 3
204. 7
215. 2
207. 3
215. 2
207.3
215. 2
207.3
215. 2
207.3
213.0
207. 3
200.2
205.0
201.0
205.5
206.6
206. 8
208.1
207.9
211.6
208. 7
Consumers' price index (U. S. Dept. of Labor):
All items
_„ 1935-39=100
AppareL _ __ _ ..
do . _ .
Food
_
do
Cereals and bakery products.
.-do _ .
Dairy products
do
Fruits arid vegetables - - _ ...
_ do _ _ .
Meats, poultry, and
fish
do
Fuel, electricity, and refrigeration.
do_ _.
Gas and electricity
do
Other fuels
_ _
_ _ _ _ do
Housefurnishings
do
Rent
do _
Miscellaneous
do
186.6
209.0
227.3
189.4
206.4
205.1
275. 6
144.4
97.3
204.9
211.1
137. 5
166.0
188.6
207.6
231. 4
190.2
210.4
223. 5
273. 5
144.8
97.4
206.3
210.8
138.9
168.4
189.1
206. 8
232. 2
190.4
213.2
236.5
270.1
144.9
97.5
206.6
210.2
139.2
169.1
189.1
204. 6
232. 4
190.6
215. 8
241.4
272.1
145. 0
97.6
206.8
209. 1
139.7
169.6
187.9
204.3
227.5
190.9
217.0
223.5
271.1
145.3
97.9
206. 7
208.6
140.2
170.2
188.0
203. 5
227.6
191.2
215.7
232.1
267.7
145.3
97.9
206.8
207.6
140.5
170.7
188.7
202.7
230.0
191.1
212.6
247.2
266.7
145.3
98.0
206.1
206.2
140.8
171.1
189.0
202.3
230.8
193. 8
210.6
253.8
266.0
144.6
98.2
203.1
205.4
141.3
171.4
189.6
202. 0
231.5
193.3
209.8
250.0
270.6
144.8
98.4
203. 4
204.4
141.6
172.5
190.8
201.4
234.9
194.4
212.3
253.2
270.4
146.4
98.3
208.4
204.2
141.9
173.0
191.1
201.1
235. 5
194.2
213.8
242.3
277.3
147.3 .
99.0
209.0
204.2
142.3
173. 2
Prices received, all farm products § 1910-14=100-.
Crops
do
Food grains. _ . _ _ _ _ _ _ _
_do _ _ .
Feed grains and hay
do
Tobacco
_ _ . - _ __ _ . _ __ _ _ d o __
Cotton
do
Fruit
. _.
do
Truck crops
do
Oil-bearing crops
_
do
Livestock and products
._
do - _
Meat animals
do
Dairy products
__
do ...
Poultry and eggs
do
Prices paid:
All commodities
1910-14 = 100- _
Commodities used in living
_
do _
Commodities used in production . _ _ .do_ __
All commodities, interest, taxes, and wage rates
1910-14=100.Parityratio9
_
_ _
. .
_ _-.do
RETAIL PRICES
187.4
208.9
229. 2
189.4
207.9
210.8
276.6
144.6
97.4
205.8
210.4
138. 2
166.6
1
190. 8
202. 3
233. 2
194.1
216.7
227. 6
277.0
147. 6
99.0
210. 1
205. 0
142.4
173.8
WHOLESALE PRICESc?
U. S. Department of Labor indexes (revised) :f
All commodities
_
.
1947-49 =100..
113.4
113.7
113.6
113.5
113.0
112.5
112.3
111.8
111.6
111.2
111.8
Farm products
_. _
_do
Fruits and vegetables, fresh and dried . _ _ do
Grains _ _ _
_ __-do .__
Livestock and live poultry
do
109.9
92.8
96.6
116.2
111.5
96.1
101.1
114.5
112.0
106. 9
103.9
108.5
111.3
117.4
105. 1
107. 5
110.0
121. 5
103. 6
106.7
107.8
112.6
101.7
106. 2
108.2
123.9
102.0
105.2
108.7
127.3
100.9
106.6
107.9
128.9
98.8
108.9
107.2
124.2
95.4
107.2
110.2
128.2
94.9
108.2
Foods, processed _
__
. _do
Cereal and bakery products
do
Dairy products and ice cream.
. .-do
Fruits and vegetables, canned and frozen
1947-49=100..
Meats, poultry, and
fish
do_ _
110.9
106.4
106.1
111.6
106.8
108.5
111.0
107.8
111.1
110.7
107.9
113.0
110.1
107.5
113.2
109.5
107.4
115. 1
109.2
107.5
113.3
108.0
107.4
112.2
108.6
107.0
110.6
108.5
106.7
110.1
110.0
106.5
113.8
104.7
118.3
105.6
119.5
106. 1
115.8
106.2
113.6
105.7
113.5
104.8
110.8
104.9
111.0
104.6
109.4
104. 2
112.1
103.5
110.1
103.9
110.6
114.8
108.7
120.7
95.6
73.0
107.2
108.0
114.6
108.8
120.9
95.6
71.8
107.5
108.7
114. 5
108.6
120.9
95.0
65.2
108.1
109.8
114.6
108.4
120.8
95.2
61.5
108.9
109.9
114.3
106.7
118.1
94.8
56.8
109.4
109. 3
114.2
105.9
117.5
93.4
51.2
109.6
108.7
113.8
105.4
117.0
93.1
47.3
109.6
107.9
113.3
104.8
116.8
92.7
42.6
109. 8
108.0
113.0
104.3
115.1
92.2
47.2
111.5
107.3
112.6
104.3
114.9
92.2
52.0
109.9
107.0
112.5
104.2
114.7
92.1
49.8
110.7
106.9
Commodities other than farm products and
foods
»
. 1947-49 = 100 .
Chemicals and allied products
do
Chemicals, industrial
do
Drugs, Pharmaceuticals, cosmetics do
Fats and oils, inedible
. ..do
Fertilizer materials
do
Paint and paint materials. __ __
do _ . _
T
112. 2
111.7
109.9
124. 3
96.9
106.4
106. 4
115.6
96. 9
99.3
110.5
106.4
114.3
110. 5
106. 5
116.4
r
105. 1
112.3
106.1
110.1
r
113.0
104.0
114.6
92.1
47.5
110.9
106. 9
113.1
104.0
114.3
92.1
48.9
111. 0
107.0
105. 8
106.5
100. 7
100. 4
108.3
106.1
107.7
100.7
100.4
108.5
111.5
106.8
112.5
93. 7
111.9
106.9
112 6
93.7
96.5
110.6
64.4
89.3
96.5
110.6
64 1
89.3
120. 5
120. 6
120.4
120.6
T
r
r
Fuel, power, and lighting materials
do
Coal
.
do
Electricity
do
Gas
do
Petroleum and products
. -do
Furniture and other household durables
1947-49 = 100..
Appliances, household.
do.. _
Furniture, household
...
-do __
Radios, television, arid phonographs, .do
106.7
108.4
98.0
98.4
110.9
106.8
108.7
98.0
99.2
110.9
106. 9
108. 8
98.0
99.2
110. 9
107.4
108.9
98.0
106.6
110.8
107.4
108.8
98.0
106.6
110.8
107.2
108.8
98.0
107.0
110.4
107.4
108.7
99.1
105.7
110.6
106.3
104.9
99.1
106.6
109.5
106.0
104.9
98.0
104.2
109.9
105.9
105. 3
98.5
102.0
109.6
106.0
106.0
99.1
101.4
109.4
r
r
113.1
108.0
115.5
92.9
112. 8
107.9
115.4
93.0
112.7
107.9
115.5
93.0
112.7
108.2
115. 1
93.0
112.3
108.0
113.6
93.1
112.4
108.0
113.5
93.1
111.9
107.4
113.4
90.7
112.1
107.8
113.4
90.7
111.7
107.3
113.1
90.7
111.6
106.8
112.7
93.8
111.6
106.8
112.6
93.8
r
Hides, skins, and leather products
Footwear
._
.
Hides and skins
Leather
._
_ _ ..
118.0
121.9
111.5
120.4
113.6
119.4
109.5
110.1
107.0
118.0
87.6
100. 3
105.1
116.5
81.7
98.7
102.2
115.9
69.7
97.0
99.5
116.1
63.7
89.5
98.0
115.9
59.6
87.6
94.1
113.9
49.7
84.4
94.7
111.1
58.1
84.5
95.9
111.0
59.5
88.9
96.2
110.6
61.8
89.3
121.6
120.9
121.7
121.1
121.1
120.8
120. 3
120.4
120.1
120.4
120.3
120.6
120.5
120.7
120.9
121.3
120.7
121.1
119.9
120.1
120.2
120.4
Lumber and wood products
Lumber
do
do
do
..do. __
do
do
r
r
r
r
T
119.4
120.5
120.8
120. 2
122.0
120. 7
Machinery and motive products
._ -do _._
121.8
121.6
121.6
121.4
121.3
121. 4
121.4
120.1
120.2
120.2
121.5
121.8
120. 2
Agricultural machinery and equip
do
121.8
121.6
121.5
121.5
121.5
121.5
121. 5
r
123.7
124. 0
123.8
123. 6
Construction machinery and equip — do
124.6
125.2 !i
124.9 124.9
125. 3
125. 4
125. 4
125.
3
125. 9
T
122. 1
122. 1
121.8
Electrical mach inery and equipment . - do
121.5
121.6
121.5 120.9
120.8
120.0
121.8
119.9
119.8
119.8
114. 1
110.0
116.5
116.3
Motor vehicles
do
117.1
120.0 ;
120.0 !
119.7 •
119.7 i
119.7 i
119.7 !
119.7 !
119 7
T
Revised.
i Index on old basis for September 1952 is 191.4.
§ October 1952 indexes: All farm products, 282; crops, 260; food grains, 240; feed grains and hay, 219; tobacco, 429; cotton, 311; fruit, 215; truck crops, 189; oil-bearing crops, 304; livestock and
products, 301; meat animals, 328; dairy products, 316; poultry and eggs, 228.
9 Ratio of prices received to prices paid (including interest, taxes, and wage rates).
c?For actual wholesale prices of individual commodities, see respective commodities.
fRevised series. Indexes of retail prices of coal (for residential heating) reflect use of new!base period
• . and. expansion
. of. city
.. coverage; comparable
, . data
, . are available for various periods back
to 1913 and will be shown later. Revised wholesale pric ' "
" '
'
"
'
tion method; for monthly data beginning January 1947,
products and foods" are on p. 24 of the June 1952 issue, it snouia De noted tnat tne revised wnoiesaie price series does not replace the lormer index (1926=100) as the official index of primary
market prices prior to January 1952.
225878°—52
4
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1951
September
October
1952
November
December
January
February
March
May
April
July
June
August
September
COMMODITY PRICES— Continued
!
WHOLESALE PRICES^— Continued
U. S. Department of Labor indexes (revised) : J— Con.
Commodities other than farm prod., etc. — Con.
Metals and metal products
1947-49=100.Heating equipment
do
Iron and steel
do_ _
Nonferrous metals
do
Nonmetallic minerals, structural
do
Clay products
do. .
Concrete products
-. -do
Gypsum products
do
Pulp, paper and allied products
Paper
Rubber and products
Tires and tubes
Textile products and apparel
Apparel
Cotton products
Silk products
Synthetic textiles
Wool products
-
do
do
do
do_ _.
do
do
do. _.
- do
do
do. .
Tobacco mfrs. and bottled beverages
do
Beverages, alcoholic
- do
Cigarettes _
.. - do_.
122.1
114.5
123.1
122.0
113.6
121.4
112.4
117.4
122. 4
114.6
123.1
124.0
113.6
121.4
112.4
117.4
122.5
114.4
123.1
124.1
113.6
121.4
112.4
117.7
122. 5
114.5
123. 1
124.2
112.8
121.4
112.4
117.7
122.4
114.0
123.1
124.2
112.9
121.4
112.4
117.7
122.6
114.0
123. 2
125.0
112.9
121.4
112.4
117.7
122.6
114.0
123. 2
124.9
112.9
121.4
112.4
117.7
122.5
113.9
123.0
124. 8
112.8
121.3
112.4
117.7
121.8
113.7
122.8
122. 0
112.9
121.4
112.4
117.7
121.1
113.5
122.4
120.0
113.8
121.4
112.4
117.7
121.9
113.6
122.3
124.0
113.8
121.3
112.4
117.7
'
'
'
'
124. 1
113.7
127. 2
124. 4
113.8
121.3
112.4
117.7
124.5
113.7
127.4
124.7
113.8
121.3
112.7
117.7
119.4
121.5
144.7
133.9
105.9
104.1
102.5
117.9
92.9
129.8
118.8
122.1
144.7
133.9
103.9
103.3
100.8
122.5
91.5
120.8
118.4
122.4
144.6
133.9
103.9
102.3
102.3
123.2
91.5
122.0
118.4
122.4
144.3
133.4
104.0
102.1
103.3
125.3
91.7
120.3
118.2
122.8
144.1
133.4
103.3
101.7
102.8
126.0
91.4
118.0
118.3
123. 7
143.1
133.4
102.1
101.7
101.0
130.2
89.9
114.4
117.7
123.8
142. 0
133.4
100.6
101.6
99.6
129.1
87.3
111.8
117.4
123. 5
140.6
133.0
99.9
101. 2
98.6
128.4
86.7
109.2
116.9
123.5
140.4
133.0
99.3
100.8
97.2
128.8
86.8
111.7
116.7
124.2
133.4
130.5
99.0
100.3
95.4
129.8
88.6
112.8
115.3
123.8
130.0
129.6
98.9
99.5
96.1
134.7
89.2
113.9
115.6
124.0
' 127. 8
126.3
'99.1
'99.1
97.6
139.3
90.5
'113.3
115.7
124.0
126.3
126.3
99.5
99.3
99.1
139.3
90.0
112.2
107.8
105.8
105.7
107.5
105.8
105.7
107.5
105.9
105.0
108.1
105.9
105.0
108.1
105. 9
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.0
110.8
111.2
105.7
110.8
111.2
105.7
110.8
111.2
105. 7
46.1
53.6
44.0
46.0
53.4
43.6
46.0
53.0
43.2
46.0
52.9
43.1
46.3
52.9
43.0
46. 5
53.2
44.0
46.5
53. 2
43.9
46.7
53.0
43.5
46.8
52.9
43.3
47.0
52.7
43.2
46.7
52.4
42.6
46.6
52.3
42.5
46.8
52.4
42.9
PURCHASING POWER OF THE DOLLAR
As measured by—
Wholesale prices!
Consumers' prices
Retail food p'rices
1935-39 = 100.do
do
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY?
New construction, total
mil. of dol
Private, total
do
Residential (nonfarm) .
do
New dwelling units
do
Additions and alterations
- do
Nonresidential building, except farm and public
utility, total
mil. of dol
Industrial
do
Commercial
do
Farm construction
do
Public utility
..
do
Public, total
Residential
Nonresidential building
Military and naval.
Highway
Conservation and development
Other types
_.
do
do
do ...
do
do
do ...
do
' 2, 901
' 2, 849
' 2, 624
' 2, 366
' 2, 174
' 2, 088
' 2, 332
' 2, 516
f 2, 743
' 2, 945
' 3, 027
'3,095
3,098
1,955
958
849
93
1,908
963
858
91
1,818
930
832
84
1, 674
840
760
66
' 1,517
'719
650
56
' 1, 463
676
60t)
63
' 1,617
799
710
77
1, 690
849
750
87
1,811
922
810
99
1,925
'983
'865
' 103
' 1, 994
1,023
905
101
' 2, 037
'1,047
930
'99
2,030
1,049
935
96
460
210
101
179
352
440
205
95
148
351
425
200
96
126
331
415
200
92
110
303
415
209
83
110
267
'406
209
' 75
113
263
'398
'202
74
123
292
386
194
73
136
313
392
188
82
157
333
'404
' 182
'92
171
359
'411
180
97
180
371
"•946
63
319
'96
303
77
88
••941
66
318
r
103
293
78
83
'806
68
300
' 109
187
76
75
'692
66
289
'88
111
72
66
'657
'63
'286
'91
90
62
'65
'625
'58
'275
'85
90
56
'61
'715
'55
'311
r
'826
'54
'343
'109
175
'68
'77
28, 832
36, 323
931,768 1,234,339
502, 416
323, 73G
608, 032
731,923
31,842
902, 091
296, 897
605, 194
50, 097
45, 041
63, 709
33, 767
50, 845
52, 078
52, 909
47, 006
885, 206 1, 321, 254 1, 597, 517 1, 563, 660 1, 488, 850 1,511,285 1, 438, 725 2, 039, 203
554, 050
636, 357
557,803
559, 140
618, 737
338, 662
501, 258 1, 269, 355
961, 160 1, 005, 857
767, 204
892, 548
546, 544
929,710
937, 467
769, 848
ioo
115
65
'69
'932
' 54
'356
'116
250
' 72
84
'1,020
'54
'375
r
l!9
310
'76
86
'1,033
'53
'375
'121
320
'76
'88
'418
181
98
183
381
'1,058
' 55
'373
'129
335
'75
'91
430
187
101
168
376
1,068
53
369
127
350
79
90
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
42, 735
42, 435
Total projects
number .
Total valuation
thous. of doL. 1, 082, 855 1,051,419
306,
604
317,731
Public ownership
do
744,815
Private ownership
-do .-_ 765, 124
Nonresidential buildings:
Projects
Floor area
Valuation
Residential buildings:
Projects
Floor...
Valuation
.
Public works:
Projects
Valuation
Utilities:
Projects
Valuation..
number
thous. of sq. f t _ .
thous. of doL.
4,558
36, 273
404, 462
4,775
34,782
418, 203
3,618
27,611
327,706
3, 262
43, 016
593, 007
3,325
24, 868
357,676
3,472
24, 941
301, 404
4,311
33, 345
463, 276
4,449
39, 343
562, 256
5,088
37, 346
462, 863
5,022
41,725
551, 500
5,468
40, 979
562, 686
5,196
4,289
38, 912
29, 257
519, 940 1, 272, 367
number _.
thous. of sq. ft._
thous. of doL-
35, 789
52, 438
479, 716
36, 152
52, 454
496, 247
31,162
47, 248
443, 884
24, 204
37,985
346, 104
27, 380
37, 423
337, 721
29, 069
45, 380
396, 438
38, 860
65, 422
592,717
43, 447
73, 847
681,614
55, 759
82, 579
753,755
43, 012
62, 176 !
581,792
43, 465
64, 003
608, 078
44, 943
65, 863
627, 596
40, 440
56, 743
518, 471
number
thous. of doL_
1,756
141, 335
1,457
101,903
1, 233
117,809
1,004
138,859
840
130,814
930
124, 885
1,429
193,714
1,814
241, 740
2, 353
219, 628
2,266
245, 969
2,680
243, 458
2, 310
208, 887
1,838
176, 652
number
thous. of dol._
332
57, 342
351
35, 066
310
42, 369
302
156, 369
297
75, 880
296
62, 479
441
71, 547
387
111, 907
509
127, 414
545
109, 589
465
97, 063
460
82, 302
439
71,713
Value of contract awards (F. R. indexes) :f
Total, unadjusted
1947-49=100.
Residential, unadjusted
do
Total adjusted
do
Residential, adjusted
do
149
169
147
168
134
156
140
160
141
141
156
146
134
124
166
145
132
118
161
142
136
145
156
163
166
183
164
174
196
222
171
189
203
221
168
186
200
213
172
193
194
199
177
196
218
192
207
193
208
184
206
183
788, 429 1, 042, 851 1, 180, 340 1, 433, 642 1, 140, 654 2, 310, 504 2, 210, 572
952, 218
Engineering construction:
Contract awards (ENR) §
thous of dol
Highway concrete pavement contract awards:Q
Total
thous. of sq. y d _ .
Airports
-- - d o _ _ _
Roads
- ..-do
Streets and allevs
do
917, 158 1, 026, 973 1, 024, 775
4,342
458
1,681
2,202
2,856
oy r,
803
1,777
3,757
671
1,814
1,271
829, 173 1,196,798
i 4, 159
1
413
2, 197
i 1, 549
1
3,487
621
1,497
1, 369
3,723
879
988
1,856
5,411
427
3,289
1, 695
5,386
238
2,901
2, 248
1
6,702
791
3, 128
2, 783
7,047
843
3,401
2,803 i
6,587
729
2,657
3, 201 i
6,081
1,070
2,652
2, 359
5,537
1,691
1,051
2,795
' Revised.
i Data include some contracts awarded in prior months but not reported.
d*For actual wholesale prices of individual commodities, see respective commodities. JSee note marked " t" on p. S-5.
fRevised series. Purchasing-power data are based on revised price indexes shown on p. S-5; for revisions through 1951, see p. 24 of the June 1952 SURVEY. Indexes of contract awards
reflect use of new base period; revisions prior to 1951 will be shown later.
9 Revisions for January-March 1951 (except for grand total, total public, and military aud naval, which have been further revised) are shown at bottom of p. S-4 of the June 1952
SURVEY; revisions for 1947-50 and for January-August 1951 (for the three series aforementioned) will be shown later.
§Data for November 1951 and January, May, and July 1952 are for 5 weeks; other months, 4 weeks.
©Data for November 1951 and January, May, and July 1952 are for 5 weeks; other months, 4 weeks.
SUKVEY OF CTJEKENT BUSINESS
November 1952
9-7
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September
October
November
December
January
February
March
April
May
June
July
August
September
CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(U S Department of Labor)
number
Urban building authorized (U. S. Dept. of Labor):
New urban dwelling units, total- _.
number
Privately financed, total
_ _ _ _ _ _ _ do-- _
Units in 1-family structures ._
do
Units in 2-family structures - - . . .do _
Units in multifamily structures
do
Publicly financed, total
.. ._ _ - ._do-_
Indexes of urban building authorized:!
Number of new dwelling units
1947-49 = 100
Valuation of building, total
do
New residential building __ _ _ . ._ doNew nonresidential building
do
Additions, alterations, and repairs
do
96 400
90 000
74 500
60 800
64 900
77 700
103 900
106 200
109 600
103 500
104 000
99 000
98, 000
51, 607
50, 491
40, 370
2,995
7 126
1,116
43, 180
42, 187
35, 580
2,489
4 118
993
34, 989
32, 681
27, 781
1, 766
3 134
2,308
27 807
26, 782
21, 224
1,700
3 858
1 025
37, 493
34, 374
28, 376
2,386
3 612
3, 119
45 676
43, 163
34, 978
3, 017
5 168
2 513
57, 937
49, 845
40, 139
3, 469
6 237
8, 092
64 867
56 241
45, 938
3 558
6 745
8 626
61 364
53, 300
43, 572
3 532
6 196
8 064
54, 792
48, 567
40,916
3 018
4 633
6 225
51, 974
50, 432
41, 754
2,828
5 850
1, 542
49, 172
47, 754
38, 793
3,288
5,673
1,418
53, 333
51,915
42, 352
3,078
6,485
1,418
114 1
149 9
155.6
153 5
120.2
94 4
117 8
121.8
110 0
120.9
76 5
96*6
97.6
100 3
84 6
61
77
75
80
75
100
107
126
81
97
9
5
2
4
4
130 1
140 7
166. 1
110 3
115 1
142 5
152 3
183 8
115 6
129 5
147 0
171 2
113 5
133 2
121 8
157 0
161 7
152 7
149 4
116
145
150.
139
138
108.0
133.1
139.1
127. 1
123.9
117.0
374
117.5
117.6
117.5
374
118.4
M18.3
'118. 6
374
119.7
M20.9
383
536
561
546
495
532
377
538
562
548
495
• 532
379
538
562
548
494
532
378
539
573
548
494
533
380
542
581
549
497
535
380
543
581
550
497
378
544
582
551
498
537
378
545
582
552
499
541
379
548
584
554
504
543
381
550
588
554
504
544
382
234.2
235. 6
245. 7
235.1
23b. 4
246. 8
235.1
236. 4
246. 9
235. 9
237.2
246 9
237.0
237. 9
248.0
236.7
237. 4
247 8
237.2
237.7
248.0
238. 3
238.5
248 9
239.4
239.2
249 5
236. 1
235. 8
241. 5
249 7
221 0
236. 8
236. 5
242.5
251 1
221. 5
236. 9
236. 5
242.5
251 1
221.5
237 7
237.0
242. 7
250 o
221 9
239. 2
238. 0
243. 8
'>51 9
222 6
239
237.
243.
9
51
222
0
9
7
5
4
239. 7
238. 3
244. 0
25 1 5
222. 7
241 0
239.3
245. 1
252 1
223 3
246.1
244.3
247. 3
245 6
247.3
245 7
247. 3
245 4
248.5
246 5
248. 3
246 2
248.5
246 2
119.3
120 6
119.6
120 8
120.0
120.9
120. 0
120 9
120.1
121 3
120.5
121 5
120. 6
122. 3
82 1
91*8
99 7
80 8
87 8
3
0
3
5
5
us' 6
0
6
9
9
7
CONSTRUCTION COST INDEXES
Department of Commerce composite t- 1947-49 =100. .
Aberthaw (industrial building)
..1914=100American Appraisal Co.:
Average, 30 cities _ _ -- ..
1913=100Atlanta
do
New York
_____
__ _
._ ...do-- San Francisco
do
St Louis
do
Associated General Contractors (all types) .--do
E. H. Boeckh and Associates, Inc.:§
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
doBrick and steel
.--do
Brick and wood
do
Frame
do
Steel -_
do
Residences:
Brick
.
. _do_
Frame
do
Engineering News-Record :fcT
Building
1947-49=100-Construction
do
Bu. of Public Roads— Highway construction:
Composite standard mile
1925-29=100
r
166 7
164 8
r
r
r
r
122. 7
123.0
383
555
600
554
513
549
391
558
602
555
513
549
393
561
604
556
514
551
394
242. 1
241.3
251 9
243.5
242. 9
252 7
245.3
244.5
253. 8
246. 0
245. 2
254.4
242 2
240. 7
245.8
252 8
226 1
245 3
243.4
247.8
255 8
226 4
246 8
245.7
248.8
256 4
229 5
248.6
247. 5
249.8
257 0
231. 2
249.
248.
250.
257
232
249.4
246 9
250. 0
247 4
252. 5
249 8
253. 3
250 4
254. 2
251 1
254. 8
251 5
121.3
123 0
122.0
124 0
122. 6
126 0
124. 9
128 9
125. 6
129. 5
125.6
129 9
119. 5
169. 1
122.1
4
5
5
3
2
174 9
171 8
CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
- 1939 = 100
Adjusted
do
163.5
152. 1
178.0
160.6
157.3
158.7
134. 6
152 3
139.8
163. 7
140.0
169. 7
150.8
159.6
156. 9
157 8
157.6
149.0
149.9
140 1
r
r
149. 6
140. 6
P 171. 1
P 151 1
REAL ESTATE
Home mortgages insured or guaranteed byFed. Hous. Adm.: New premium paying
123, 807
159,063
144, 596
124, 701
125, 363
131, 485
140, 528
127, 751
147, 208
125, 629
134, 248
thous. of dol .
147, 057
162,487
235, 651
Vet. Adm.: Principal amount
do
271, 148
267 958
301, 276
242, 103
296, 748
308, 639
202 758
244 042
195 987
202 746
217 292
189 189
Federal Home Loan Banks, outstanding advances
806
665
747
589
612
to member institutions
mil of dol
781
591
687
760
653
581
656
715
New mort gage loans of all savings and loan associa427, 835
439, 398
486, 999
430, 482
514, 098
404, 033
400, 443
tions, estimated total
thous of dol
586 035
586, 842
595 994
549 140
617 431
616 352
By purpose of loan:
171,907
115, 168
139, 951
154, 763
125, 287
131, 487
Home construction
do
128, 665
182, 636
197, 525
191 812
190 039
199 720
192 667
182, 710
202, 159
213, 723
183, 733
185, 920
200, C25
220, 506
264, 692
238, 587
Home purchase
._
_
- do.
251, 884
257, 069
279, 192
285, 337
37 322
43 397
36 551
42 794
37 920
49 104
37 906
Refinancing
•
do
49 446
49 595
50 076
53 014
50 850
50 457
14, 785
18, 959
12, 895
15, 033
Repairs and reconditioning _._
do. ._
17, 571
18, 558
24,' 452
2li 797
In] 567
24^ 238
25 065
24' 625
26, 097
45,819
51, 464
46, 953
60, 405
48, 603
A 1 1 other purposes
do
45, SCO
50, 378
56, 674
62 098
64 128
63 184
63 044
61 794
New nonfarm mortgages recorded ($20,000 and
under), estimated total
thous. of dol__ 1, 308, 421 1, 483, 786 1, 366, 073 1, 308, 151 1, 298, 254 1, 270, 908 1, 393, 317 1, 482, 161 1, 511, 488 1, 512, 734 1, 590, 319 1, 597, 783 1, 587, 523
11.0
11.7
11. 1
3 1. 6
11.6
11. 5
Nonfarm foreclosures, adjusted index 1935-39=100
10.8
12. 1
11.1
11.3
74, 155
60, 064
72, 254
68, 206
69, 925
54, 660
67, 380
Fire losses
thous. of doL53, 398
62, 354
58, 585
61, 675
56, 462
58, 949
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
Combined index
1935-39=100
Business papers
do
Magazines.
_
do. ..
Newspapers
do
Outdoor. _
...do. . .
Radio
do
Tide advertising index, unadjusted^ 1947-49= 100- Radio advertising:
Cost of facilities, total
thous. of doL.
Automotive, incl. accessories
do
Drugs and toiletries
.
do. ._
Electric household equipment _
do
Financial..
_
.
. - do. .
Foods, soft drinks, confectionery
do
Gasoline and oil
do
Soap, cleansers, etc.-. _
_
..do. ..
Smoking materials
do
All others
do
411
469
379
304
••317
239
132. 1
429
476
403
307
341
257
144.5
427
483
347
317
347
258
144.9
435
470
357
304
352
253
117. 2
453
481
379
293
346
244
115.6
447
487
369
304
401
253
127.7
438
511
371
300
362
248
141.3
439
514
404
294
362
247
153.2
433
515
388
310
354
236
154.1
436
520
362
329
372
241
140.8
11, 849
14, 948
377
3,991
266
307
4, 170
459
1,631
1,855
1,893
14, 377
339
3,699
274
315
4,127
445
1,546
1,841
1,793
14, 619
464
3,751
147
326
4, 09G
512
1,432
1,794
2,102
14, 520
407
3,993
224
359
3,917
475
1, 592
1, 772
1,781
13, 561
276
3, 691
204
353
3,792
447
1,482
1,590
1,726
14, 520
329
3,949
204
348
3,862
493
1,558
1, 632
2,145
13, 948
319
3,847
171
356
3, 802
431
1,624
1,596
1,801
13, 970
370
3,885
153
365
3,734
424
1,698
1,564
1,795
12, 972
345
3,612
251
343
3,233
452
1,660
1,416
1,659
445
554
403
327
359
226
114.2
456
548
369
310
386
254
111.2
456
547
387
318
344
264
141.9
9,555
10, 937
196
256
2,655
3,006
340
316
338
367
2,604
2,971
434
381
1,079
1, 250
700
776
1,263
1. 559
r
Revised.
*> Preliminary.
f Revised series. Indexes of urban building and construction costs (Dept. of Commerce and ENR) reflect use of
new base period; revisions prior to February 1951 for urban building and prior to August 1951 for Engineering News-Record indexes will be published later. Revised indexes (Dept. of
Commerce composite) for 1915-38 (annual) and 1939-51 (monthly) are shown on p. 24 of the August SURVEY. The Tide advertising index (covering national advertising only) has been completely
revised to incorporate new base period and other major changes, including addition of data for network television; figures back to 1940 will be available later.
§ See last paragraph of headnote, p. S-l.
cf"Data reported at the beginning of each month are shown here for the previous month.
299
3,085
153
278
3, 240
402
1,275
1,269
1,848
SURVEY OF CUBRENT BUSINESS
S-8
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
DOMESTIC TRADE—Continued
I
ADVERTISING—Continued
Magazine advertising:}:
Cost, total
thous of dol
Apparel and accessories
do
Automotive, incl. accessories--. do
Building materials
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
-_.do _ .
Beer, wine, liquors
do
Household equipment and supplies
Household furnishings
.
.
Industrial materials
Soaps, cleansers, etc
Smoking materials
All other
..
Linage, total
do
do
do
do
do
do
thous. of lines
Newspaper advertising:
Linage, total (52 cities)
Classified
Display, total
Automotive
Financial
General
Retail
... ..
...
do
do
do
do
do
do
do
-
54 268
6,681
4,154
3,136
6,024
6,617
2,451
61, 987
55 520
5,635
4,587
2,962
6,963
8,929
4,232
3,635
3,118
3,254
4,713
3,839
3,506
3,309
1,937
6,674
7,881
3,952
3,368
3,240
4,302
3,704
1,185
1,341
12, 119
14,229
1,361
1 170
14, 722
4,845
4,849
211,499
228, 673
51 , 844
1,612
1,235
59 648
5,420
5, 095
3, 054
7, 065
5,029
4,999
3,683
7,854
6, 469
7, 1 50
2,290
2, 851
2,477
60 016
4 735
5, 237
3 296
6 166
6, 742
2 619
4,401
3. 644
3,867
4,692
1,919
6,107
7,147
1,590
51 515
3,119
4,925
2 842
7, 051
7,660
2,331
3,407
35 240
862
3,702
1 388
5,816
5,695
1,977
38 442
3 588
3,671
1 549
5, 456
5,472
1 672
1 375
979
2,861
' 774
1,398
9,648
2, 167
1,521
3, 970
1.176
854
2,887
971
1, 532
12, 028
1,088
9, 588
1,209
3, 769
1,356
1, 357
12.424
15,748
1,466
1, 259
15, 199
15,564
1,566
12, 311
1,646
579
2, 643
745
1,198
8,989
4,129
3,346
3, 466
3, 985
4, 855
4,468
4,093
3,213
3,133
3, 960
4 798
214,041
1 78, 077
46, 345
131, 731
184. 640
46, 621
213, 228
52, 943
218,407 i
165,617
136,915
3, 663
21 020
98, 840
8, 553
2, 756
30, 203
118, 773
31,742
121,177
225, 606
56 670
168, 936
10 457
2, 684
33 444
122, 352
209, 251
52. 744
160.285
31, 251
112, 204
175, 447
47, 979
127, 468
7, 351
3,046
25, 674
91, 398
186, 555
52, 741
133,814
7,781
1,894
22, Ofil
102, 077
214 509
54 194
160, 385
7 367
2, 596
29 711
120, 709
7, 271
124, 214
7,268
6,948
8,025
7,255
130, 038
124, 086
147, 902
132, 616
6, 719
123, 981
6,511
122, 134
6, 242
119, 289
6,174
119,935
6. 711
127, 034
6,333
7,168
126, 545
6,878
121,892
2,732
60 247
2,878
2,372
736
37, 983
126, 303
9,811
44, 629
3,108
2, 891
30, 318
119, 592
7,889
2,234
176,829
865
5,698
6,247
4,443
31 904
1,673
2, 476
1,208
4, 543
2,099
230, 083
47 7*0
182, 304
9, 51 9
2,417
34 510
135, 858
51 , 465
160, 033
46 113
3, 333
2, 985
3,136
42. 998
171,043
6, 559
2 ,526
25 044
762
8,208
138,019
7, 8S9
2,282
25, 749
102, 100
2,709
3,872 1
52. 790
9, 565
3, 133
5 004
4 016
1.376
1 395
1,788
3,572
941
156,506
10. 288
2,762
POSTAL BUSINESS
Money orders, issued (50 cities):
Domestic:
Number
_ ._
Value
thousands
thous. of dol..
114, 593
PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates :J
Goods and services total
bil of dol
Durable goods total
Automobiles and parts
Furniture and household equipment
Other durable goods
do
do
do
do
Nondurable goods total
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
Semidurable housefurnishings
Tobacco
Other nondurable goods
do
do
do
do
do
do
do
Household operation
Housing
Personal services
Recreation
Transportation
do
do
do
do
do
206. 4
25.5
9 9
11.5
4 1
113
20
69
5
2
2
0
5
2
1
4.7
11.7
67
10
22
4
6
1
0
1
4.3
5 5
21 6
210. 5
213.2
214.9
215 0
25.3
9 5
25.2
ll.fi
4 3
11.3
26.4
11.3
10.8
4.3
24
8
11
4
2
8
2
3
116 2
20.7
70 4
5.6
2 0
4.9
12.5
118 0
20.6
71 8
117 8
20.0
72.3
6.0
2 0
5.1
12.4
118
20
73
6
2
Q
3
2
1
1
69 0
10 6
22.5
4.1
4.0
5.7
22 0
70 0
10.7
22.9
9.6
4.3
5.9
2 0
5.2
12.5
5.1
12.1
70.8
10.9
23.2
4.2
4.1
5.8
22.5
4.2
4.1
5.9
22.3
71 Q
10 9
23.5
4 3
4.3
5 9
22 9
RETAIL TRADE
All retail stores :t
Estimated sales (unadjusted), totaL-.mil. of dol. .
Durable-goods stores
do
Automotive group . _ _
- - -do_ Motor-vehicle, other automotive dealers
mil. of doLTire battery, accessory dealers
do
Furniture and appliance group do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores
- . do
Lumber, building, hardware group
do
Lumber, building-materials dealers _ . do
Hardware stores
.
do
Nondurable-goods stores
do
Apparel group
do
Men's and boys' wear stores
_do . .
Women's apparel, accessory stores _ _ .do
Family and other apparel stores
do
Shoe stores
__
.,
do
Drug and proprietary stores
do
Eating and drinking places
do. .
Food group
-do
Grocery stores
do
Gasoline service stations
._
do
General-merchandise group
- do
Department stores, excl. mail-order _ _ do
Mail-order (catalog sales)
- .. .._do
Variety stores
do
Other general-merchandise stores
do
Liquor stores
do
14, 350
5, 224
2, 826
13,814
5, 122
2, 757
13, 936
4,627
2,374
2,219
154
2,647
738
373
256
82
742
552
190
392
255
90
869
640
229
456
282
117
941
697
244
2,582
175
740
442
298
108
939
706
233
2,200
174
713
419
294
95
923
709
214
' 1, 929
647
7,877
610
140
8,596
779
165
8,823
910
186
9,126
262
117
91
336
152
126
380
180
164
352
172
154
383
946
379
1,002
370
992
1,059
8,769
700
161
274
142
124
388
1,130
' 9, 038
'770
'163
'316
'156
'136
'392
' 1, 149
9,067
921
194
286
140
97
8,692
832
198
308
178
148
380
1,064
3,248
3,419
2,601
781
1,467
815
99
3,228
2, 644
847
1,444
808
98
224
314
235
3,397
2, 764
905
1,269
667
86
212
304
254
' 3, 453
' 2, 820
'915
' 1, 450
'783
104
3,330
2,659
834
1,531
871
94
13, 103
13, 858
4, 746
11,844
11,744
1, 961
3, 793
1,974
3, 867
2,363
13,391
4,235
2,037
15,375
4, 543
2, 337
2,182
155
2,190
172
1,880
157
1,778
183
1,840
134
709
793
789
921
635
428
280
92
848
621
226
466
327
110
923
678
245
454
334
125
799
562
236
515
405
319
784
493
291
8, 608
9,111
9,156
10,832
887
193
930
217
989
258
1,380
358
175
162
380
190
143
385
210
137
4,495
12, 736
4,139
2,180
13,396
1,899
121
2,048
132
618
629
362
273
87
633
467
166
352
266
80
673
503
170
381
8,050
692
169
512
311
176
2,020
370
388
372
490
366
1,099
1,104
1,031
1,047
9.58
3,120
2, 539
776
1,468
816
102
3,164
2, 548
787
1,664
914
131
3,220
2,577
3,418
3, 083
2,736
2,489
3,026
2,467
3,253
2,627
784
1,798
993
156
816
2, 515
1,358
155
726
1,190
652
90
716
1,164 i
616
93
762
1, 324
730
94
4, 573
2,372
179
871
192
386
2,792
221
245
257
486
174
191
214
244
240
330
246
374
343
392
247
517
347
274
210
263
225
286
240
309
241
325
266
•• 13, 448
••4,410
r
2, 103
13, 869
4,802
2,433
2,267
r 174
166
-754
'468
'286
'104
'905
'689
'216
757
461
296
98
945
718
227
371
192
164
378
1,122
877
1, 530
857
117
236
230
'328
'260
326
248
tUnpublished revisions for magazine advertising for January, February, March, and October 1950 and January and February 1951 are available upon request. Revisions of personal
consumption expenditures (1949-51) are shown on p. 20 of this issue of the SURVEY.
fRevised series. Beginning with the September 1952 SURVEY, retail sales data have been replaced by a new series based on new sampling procedures developed by the Bureau, of the Census.
The new estimates begin with January 1951: see pp. 16 ff. of the September 1952 SURVEY for figures covering the entire year 1951 for both the new and old series and for discussion of the new
data.
SURVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-9
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated sales (adjusted), totalf
mil. of doL.
Durable-goods stores .
--do
Automotive group
_
do
Motor-vehicle, other automotive dealers.do
Tire, battery, accessory dealers
do
Furniture and appliance group
do
Furniture, home furnishings stores
do
Household-appliance, radio stores
do
' 13, 648 ' 13, 343
' 4, 494 ' 4, 200
' 1, 922
2,258
2,102
' 1, 758
'164
156
r
744
745
435
'448
308
'297
13, 803
4,634
2,376
2,215
161
725
430
295
12, 992
4,398
2,274
2,120
154
699
412
287
13, 230
4,437
2,309
2,158
151
702
417
285
13, 239
4,352
2,230
2,075
155
727
422
305
13, 067
4,25]
2,143
1,992
151
705
419
286
13,154
4,366
2,134
1,968
166
746
436
310
13, 406
4,611
2,313
2,147
166
741
430
310
13, 020
4,314
2, 099
1, 938
161
714
423
291
13, 348
4,496
2,304
2,148
156
685
412
274
13, 838
4,931
2,672
2,505
166
726
433
294
14, 000
4,887
2,571
2,407
163
768
450
318
113
790
564
226
116
794
570
224
121
773
548
225
117
780
554
226
119
813
591
222
117
889
662
226
117
860
633
226
117
853
632
222
122
837
620
217
118
873
647
226
120
869
660
209
Nondurable-goods stores
do
Apparel group
- do Men's and boys' wear stores
do
Women's apparel, accessory stores. _ -do
Family and other apparel stores
do
Shoe stores
do
Drug and proprietary stores . . .
- do
Eating and drinking places
do
8,594
837
203
338
160
136
381
1,033
8,793
861
209
344
167
141
386
1,028
8,887
875
212
349
172
142
389
1,049
8,816
8,788
871
205
348
182
136
391
1,037
8,795
836
198
340
165
133
394
1,058
8,707
823
193
328
171
130
389
1,038
8,851
8,907
848
196
335
181
136
386
1,064
9,113
9,154
876
208
349
182
138
389
1,069
r
9 142
'889
T
204
'359
'187
' 139
'394
I 067
9,168
874
208
350
176
141
388
1 056
Food group
do
Grocery stores
- - do
Gasoline service stations
do
General-merchandise group
do
Department stores, excl. mail-order. _ do
Mail-order (catalog sales)
do
Variety stores _
_ _ _ _ ___do-.
Other general-merchandise stores
do
Liquor stores
__ _
__ do
3,128
2,532
760
1,480
818
101
237
324
247
3,132
2,526
3,210
2, 597
3,200
2,586
801
1,506
815
110
243
339
252
3,271
2,636
3,341
2,728
797
810
1,455
803
100
1,474
800
105
338
270
3, 402
2,756
832
1, 526
826
117
251
331
273
'3 345
' 2 713
355
225
3,202
2, 589
794
1,503
828
108
237
331
242
3, 202
2, 587
336
338
3,226
2,611
787
1,565
861
114
244
346
223
3 490
2 827
857
1 516
833
107
252
324
265
21,212
9,664
11,548
21,663
9,771
11,892
22, 003
9,843
12, 160
19, 530
9,200
10, 330
19, 685
9, 436
10, 249
21 113
9,920
3,081
2 051
519
2,457
1,812
20 795
9,806
3, 091
1,866
20,818
9,797
3,170
1,882
492
2,439
1,814
20 754
9,726
3,176
1 902
508
2,327
1,813
11, 193
2,687
757
1, 968
3,454
2,327
10, 989
2, 672
1, 960
3,310
2, 276
11,021
2,635
771
2,043
3 252
2, 320
2,348
174
15
68
62
58
51
23
2,534
179
19
71
53
61
53
27
694
313
Jewelry stores _
do
Lumber, building, hardware group
do
Lumber, building-materials dealers __ do
Hardware stores
do
Estimated inventories:^
Unadjusted, total
Durable-goods stores
Nondurable-goods stores
do
_ - -do
do.__
Adjusted, total
do
Durable-goods stores
do ._
Automotive group
- _ -do. Furniture and appliance group
do
Jewelry stores
. _.do_Lumber, building, hardware group .. do
Other durable-goods stores
do
Nondurable-good stores - _
Apparel group
Drug and proprietary stores Food group ._ _ . _
General-merchandise group
Other nondurable-goods stores
- do
do
do
- dodo
- do -
Firms with 11 or more storesif
Estimated sales (unadjusted), total
do
Apparel group
__
.
do. _ _
Men's and boys' wear stores
do
Women's apparel, accessory stores
do
Shoe stores _ _
. _ . _ . - - d o _.
Drug and proprietary stores
do
Eating and drinking places
_ do__ Furniture, homefurnishings stores
do
General-merchandise group
do
Department stores
-.. .. do. Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
--._
mil. of dol _
Variety stores
do
Grocery stores
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores
do
Estimated sales (adjusted), total
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores
do
do
do
do
do
do
do
do
General-merchandise group
do
Department stores
- do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil of dol
Variety stores _
do
Grocery stores _ _ ___
_.. do Lumber, building-materials dealers
do
Tire, batterv. accessorv stores
do
869
200
350
179
140
392
1,033
854
188
353
179
135
387
1,039
910
203
357
207
143
390
1,060
' 122
'859
'642
r
217
r
118
850
630
219
238
244
314
247
325
263
3,256
2, 641
805
1,537
853
109
252
323
269
20, 335
9,625
10,710
21, 228
10, 030
11, 198
21, 103
10,128
10, 975
20, 542
9,689
10, 853
19, 825
9,229
10, 596
19 209
8 621
10 588
19 279
8 314
10 965
2() 441
8* 761
11 680
20, 681
9,775
3,129
1, 846
20 625
9, 789
3,141
1,788
20 321
9,583
3, 106
1,709
20, 477
9,624
3,200
1 713
20, 069
9,112
2, 888
1, 667
20, 125
9,030
2, 864
1 625
507
496
2,539
1,825
488
2,494
1, 786
488
2,429
1,794
479
2,380
1, 698
19 745
8 626
2 564
1 701
2, 471
1,822
2, 364
1,683
20 127
8 749
2 591
1 707
488
2,332
1 631
20 299
8 982
2 876
1 730
481
2,221
1 674
11,028
2 581
772
2,092
3 248
2,335
10, 906
2 517
10, 836
2 537
10, 738
2 436
770
2,096
3 248
2,188
11,095
2 636
760
2,110
3 271
2,318
11 378
2 714
' 790
2 080
3 358
2 436
11 119
2 700
2,011
3 382
2,230
773
2,036
3,256
2,234
10,853
2 503
782
2,057
3,296
2,215
10, 957
2 583
766
2,553
185
22
73
52
58
49
30
3,214
2,094
128
14
49
38
58
49
20
2,090
119
13
47
37
58
46
22
2,307
157
17
63
48
59
48
26
2,440
198
19
77
67
59
51
24
2,586
176
17
73
57
60
53
31
2 432
2 004.
784
350
838
363
1 196
479
524
226
533
224
604
269
705
318
741
365
711
343
284
326
112
174
888
72
46
123
191
910
128
203
919
187
385
77
135
905
89
160
970
107
187
930
109
180
105
170
908
63
46
49
35
51
36
53
40
63
47
91
163
954
' 112
79
50
76
146
897
2,350
164
14
65
56
61
50
2,420
168
17
67
53
61
52
24
2,432
178
19
70
54
60
50
27
2 423
2 411
2 417
2 352
2 442
177
171
164
156
170
18
73
52
17
68
52
18
64
52
16
61
51
17
68
53
60
48
61
50
62
49
60
48
62
51
22
26
26
28
26
22
772
1,516
826
108
246
495
2, 550
1,804
771
791
1,538
837
109
237
270
32
109
76
84
50
30
1 018
52
65
777
2,023
3 295
2,279
1 023
71
55
2 4f>9
164
17
67
52
61
53
30
820
1,584
877
116
254
494
173
18
67
60
59
52
26
174
18
70
57
62
52
28
r I
607
'891
115
'262
'340
' 263
480
2,273
1 608
765
9 001
3 276
2 377
r 2 504
142
^j
132
19
57
45
59
54
' 63
T 4g
60
' 54
' 26
00
(i-l 0
73
59
2 553
r §4]
72
56
0
FJJl
r
7JC)
183
r 999
r?6
57
' ^ 582
11 317
2 740
797
2 052
3 352
2 376
2 502
' 182
16
70
62
58
53
25
744
345
110
180
Q43
81
49
2 552
168
174
19
71
54
18
73
r <i7
17
66
K7
1 7*3
60
54
r 53
62
61
25
'26
24
700
681
707
725
713
715
723
680
720
306
313
294
336
336
311
322
741
766
343
351
726
r 7^8
288
325
332
111
188
912
111
191
916
115
192
931
129
188
936
93
184
927
98
185
919
98
179
919
113
187
937
59
46
113
193
959
60
48
108
189
936
60
47
63
47
61
51
72
50
68
46
65
49
99
192
984
66
52
68
5fi
66
47
' 117
' 202
r i 006
'69
K9
CO
097
ino
197
1 009
65
AQ
' Revised.
f Revised series; see note marked "f" on p. S-8.
cf Data represent new estimates adjusted for comparability with the new scries of retail sales, For the new estimates for December 1950 and the entire year 1951 and for revisions of the old
series (1949-51), see p. 14 ff. of this issue of the SURVEY.
S-10
SUKVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1951
Septem-
October
1952
November
December
February
January
March
April
May
June
July
August
September
DOMESTIC TRADE— Continued
RETAIL TRADE—Continued
Department stores:
Accounts receivable, end of month :f
Charge accounts
_
1947-49=100
Instalment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent
Instalment accounts
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
_
_ _do__
Instalment sales
do
113
166
122
172
136
182
177
197
142
190
124
182
117
178
121
175
122
176
120
178
107
177
108
118
189
47
19
50
21
50
21
45
19
47
19
45
18
48
20
46
18
48
19
46
18
46
17
46
17
47
18
47
43
10
46
43
11
47
43
10
49
42
9
48
42
10
48
42
10
48
42
10
48
43
9
47
43
10
47
43
10
48
41
11
48
41
11
46
43
11
Sales, unadjusted, total U. S.f
1947-49 = 100__
Atlanta.
_
do
Boston
do
Chicago
do
Cleveland _ _
_
_ _ _ _ _ _ _do
Dallas
do
Kansas City _ _
_
__
_ _ _ _ . do
Minneapolis
do
New York
_
do
Philadelphia _ __
_ _do
Richmond
do
St. Louis. _
_ __. _ __ ___ do
San Francisco
do
'112
117
110
114
114
124
'118
112
'105
112
'117
111
'109
112
117
105
112
115
119
117
118
108
114
121
111
107
134
140
129
133
140
144
131
120
131
144
145
130
125
184
204
188
176
181
203
185
166
179
185
192
168
189
83
90
81
81
87
95
86
72
80
81
80
81
83
83
93
75
80
83
93
85
83
82
82
83
80
86
92
110
87
89
95
105
93
80
85
97
96
89
90
103
118
103
99
104
114
104
100
94
103
110
101
104
108
122
102
104
105
125
112
105
95
108
115
106
114
105
117
103
103
105
116
106
96
95
102
114
103
108
84
96
73
82
82
104
93
84
69
76
87
81
96
98
115
83
97
99
114
110
103
P112
126
pill
110
110
128
M15
107
100
110
121
110
116
Sales, adjusted, total U. S.f
do
Atlanta_. _
_ - _ do
Boston
do
Chicago
_
do
Cleveland
do
Dallas
__
do
Kansas City
do
Minneapolis
do
New York _ _ . _
_ ___
_ _ _ _do_Philadelphia
do
Richmond
_
do
St. Louis
do
San Franciscodo
Stocks, total U. S., end of monthrf
Unadjusted
do_
Adjusted
do
'106
112
100
106
108
115
112
101
MOO
107
* 108
105
r
108
109
112
103
110
112
114
110
104
103
108
114
105
109
113
122
106
111
114
129
116
107
104
109
118
109
118
109
120
106
109
109
122
113
104
103
105
109
107
108
108
119
102
105
115
122
115
97
100
110
114
111
106
106
112
100
104
108
115
106
113
100
110
109
100
108
105
114
104
103
106
115
105
94
97
109
114
99
103
103
116
99
100
104
114
104
98
96
102
108
98
106
108
127
101
104
103
128
112
104
96
107
116
102
118
111
138
103
105
112
132
114
100
98
107
122
111
115
105
120
106
97
105
123
114
104
95
106
106
99
110
114
131
109
111
113
127
119
115
102
115
127
110
116
^106
131
127
134
121
133
117
108
119
1 06
118
113
116
120
115
122
116
120
118
112
118
110
120
114
118
P I 24
M20
338, 278
100, 873
237, 405
374, 319
117,371
256, 949
398, 865
121.494
277, 371
477, 842
146,189
331,653
248, 926
63, 912
185, 014
246,182
67, 879
178,303
279, 095
79, 273
199, 822
332, 482
93, 423
239, 059
368, 073
101,381
266, 692
354, 385
92, 345
262, 040
304,313
82, 995
221,318
351,558
101,150
250, 409
373, 724
102. 462
271,262
334.1
285.1
369. 0
316.1
394.4
302.1
274.9
324.3
293. 8
344.8
362.0
325.6
418.0
340.7
403.8
302.7
271.3
327. 1
290.0
359.3
439.3
445.9
500. 6
411.6
456. 1
339. 0
319.2
365. 9
313.2
363. 7
499. 6
453. 7
534.4
468. 5
606. 5
340.8
314.0
386. 4
315. 7
386.8
248.5
228.4
273.8
236. 3
276. 8
328. 3
301.3
342. 2
315.1
376. 1
263.3
242.7
296. 1
240. 0
284.7
31 4. 6
292. 4
340. 3
300.0
381. 1
276.3
271.1
306.1
257. 9
301.4
304. 6
273.3
324. 9
276. 7
337.1
299.6
273.7
319.7
280.2
344. 5
306. 6
273.2
345. 2
281.9
366.1
283.9
253. 5
301.8
269.8
327.7
316.5
282.3
364.1
304.5
365. 7
308.3
280.0
345.4
286.9
370.7
347.6
322.6
421.7
313.2
409. 6
249.5
215.6
270.5
234.6
313.6
338.5
322.8
387.0
314.1
384.3
315.6
280. 7
330. 8
295. 3
396.2
344.2
320. 1
368.4
318.9
406.4
344. 5
299.7
390. 4
316.8
415.6
311.5
289.0
343. 1
294.4
363. 3
9,020
2,875
6,145
10, 457
5,116
5,341
10, 283
3,144
7,139
10,495
5,034
5, 461
9,869
2,850
7,019
10,426
4, 952
5,474
9,274
2,542
6,732
10,150
4,904
5,246
8,786
2,412
6,374
10, 341
5,144
5,197
8,154
2,493
5,661
10,190
5,114
5,076
8,108
2,579
5 529
10,' 298
5,255
5,043
8,187
24771
5,416
10,110
5,287
4,823
8,116
2,706
5,410
9, 855
5,161
4,694
8,240
2,728
5,512
9,761
5,005
4,756
8,596
2,718
5,878
9, 665
4,809
4, 856
8, 699
2, 646
6, 053
9, 735
4,814
4, 921
9, 609
2, 983
6. 626
9,927
4, 824
5, 103
157, 234
157, 505
Mail-order and store sales:
Total sales, 2 companies .. _ _
thous. of dol
Montgomery Ward & Co
do
Sears, Roebuck & Co
do
Rural sales of general merchandise:
Total U. S., unadjusted
1935-39 = 100.East
._
_ _ _-do
South
do
Middle West —
___
__.
do
Far West
do
Total U. S., adjusted __ _
do
East
do
South
- - do__ _
Middle West
do
Far West
_ do_
86
100
98
112
r
P 101
103
105
119
98
95
105
112
104
115
WHOLESALE TRADE*
Sales, estimated (unadj.), total
_mil. ofdoL
Durable-goods establishments
do
Nondurable-goods establishments
do Inventories estimated (unadj ), total
do
Durable-goods establishments
do
Nondurabln-poods establishments
do
r
r
r
r
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. armed forces overseas
thousands- - ' 154, 847
'155,093
r
155,335
r
155, 548
r
155, 750
T
155, 964
r
156, 163
r
156, 371
r
156, 568
' 156, 770 '156,981
r
EMPLOYMENT
Employment status of civilian rioninstitutional
population:
Estimated number 14 years of age and over,
total
_
_ -thousands.
Male
Female
-
Civilian labor force total
Male
Female
Emploved
Male
Female
Agricultural employment
Nonagrieultural employment
Unemployed
Not in labor force
r
-
do_._
- do_
108, 956
51, 780
57, 176
109, 064
51. 826
57, 238
109, 122
51, 824
57, 298
109, 200
51, 844
57, 356
109, 260
51, S52
57, 408
109, 274
51,810
57, 464
109, 274
51,758
57, 516
109, 328
51, 762
57, 566
109, 426
51, 804
57, 622
109, 556
51, 872
57, 684
109, 692
51. 948
57, 744
109,804
52, 000
57, 804
109, 906
52, 040
57, 866
do
do
do
63, 186
43, 672
19,514
63, 452
43, 522
19, 930
63, 164
43,346
19,818
62, 688
43,114
19,574
61.7SO
42, 864
18,916
61,8.1s
42,858
18, 980
61,518
42, 810
18, 708
61, 744
42, 946
18, 798
62, 778
43, 262
19, 516
64, 390
44, 464
19, 926
64, 176
44" 720
19, 456
63, 958
44, 396
19, 562
63, 698
43, 408
20, 230
do
do
do
61, 580
42, 830
18,750
61,836
42, 632
19, 204
61, 336
42, 344
18, 992
61,014
42, 106
18, 908
59, 726
41,480
18, 246
59, 752
41, 482
18, 270
59,714
41,586
18,128
60, 132
41, 898
18, 234
61, 176
42, 290
18, 886
62, 572
43 326
19, 246
62, 234
43, 476
18, 758
02, 354
43, 392
18, 962
62, 260
42, 004
19, 656
do
- do
do
7, 526
54, 054
1, 606
7, 668
54, 168
1, 616
7,022
54.314
1,828
6,378
54, 636
1,674
6, 186
53, 540
2, 054
6, 064
53, 688
2,086
6,012
53, 702
1,804
6, 412
53, 720
1,612
6, 960
54, 216
1,602
8,170
54, 402
1, 818
7. 598
54. 636
1.942
6, 964
So, 390
1, 604
7, 548
54, 712
1 438
do
45, 770
45, 612
45, 958
46, 512
47, 480
47, 436
47, 756
47, 584
46, 648
45, 166
45, 516
45, 846
46, 208
Revised.
* Preliminary.
tRevised series. Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back
b; to 1919 for sales by districts will be shown later. Pub>hed revisions appear as follows: Accounts receivable
iyoz SURVEY; total U. S. sales (1919-50), p. 32 of thi
the February 1952 SURVEY; total U. S. stocks, p. 32 of the July
lished
receivable (I94i-^)ij,
(1941-51), p. ~6*z
32 01
of tne
the juiy
July 1952
1952
>52 SURVEY.
JData on total wholesale trade have been substituted for the series on service and limited-function wholesalers. For annual sales, 1939-48, and end-of-year inventories, 1938-48, see p. 24 of
thie October 1951 SURVEY; revisions beginning 1949 appear on pp. 16 ft', of the October 1952 SURVEY.
SUEVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-ll
1952
1951
September
October
November
December
January
February
March
April
June
May
July
August
September
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
thousands. .
Manufacturing
do
Durable-goods industries
do
Nondurable-goods industries
do
Mining, total
- - do ._
Metal
do
Anthracite
do _ _
Bituminous coal _
_ _ __ do _
Crude-petroleum and natural-gas production
thousands..
Nonmetallic mining and quarrying
do
Contract construction
-do
Transportation and public utilities
do
Interstate railroads
do
Local railways and bus lines
.. .-do. _ _
Telephone
do
Telegraph
do
Gas and electric utilities
do
Trade
do
Wholesale trade
-- do
Retail trade
do
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers- -_do
Finance
--- -- - ---do
Service
do
Hotels and lodging places
do
Laundries
do
Cleaning and dyeing plants
do
Government
do
Total adjusted (Federal Reserve)
Manufacturing
Mining
Contract construction
Transportation and public utilities
Trade
Finance
Service
Government
--
-
do
do _
do
do do
-do do
-do
-do _
Production workers in manufacturing industries:
Total (U S Dept of Labor)
thousands .
Durable-goods industries
do
Ordnance and accessories
doLumber and wood products (except furniture)
thousands
Sawmills and planing mills
do
Furniture and fixtures
do
Stone clay and glass products ___ _ -do
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling
millsj
thousands . Primary smelting and refining of nonferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands. Heating apparatus (except electrical) and
plumbers' supplies
thousands
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs do
Railroad equipment
do
Instruments and related products
do
^Miscellaneous mfg industries
do
Nondurable-goods industries
do
Food and kindred products
do
M^eat products
do
Dairy products
do
Canning and preserving
do
Bakery products
do
Beverages
do
Tobacco manufactures
__do
Textile-mill products
do
Broad -woven fabric mills
do
Knittinsc mills
do
Apparel and other finished textile products
-- . . . thousands-.
IVTen's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
thousands
"Women's outerwear
do
Paper and allied productsr
do
PU!D paper and pape boa r d mills do
Printing, publishing, and allied industries
thousands- _
Newspapers
do
Cnmrnprpiftl nrintrn?
do
47, 663
15, 913
45, 913
15, 776
917
104
67
367
46, 852
15, 890
8, 976
6,914
917
105
67
368
6,913
916
106
67
369
909
107
67
367
269
109
2,761
4,166
1,440
141
649
48
529
269
107
2, 633
4,165
1,428
141
653
47
528
269
105
2,518
4,161
1,426
141
654
47
527
267
101
2,316
4,103
1,394
141
653
47
526
9,781
9,893
2,622
10, 109
7,271
1,550
1,281
748
1,898
2,657
7,452
10, 660
2, 657
8, 003
9,720
7,187
1,487
1,274
754
1,898
4, 831
473
362
157
1,701
1,295
759
1,907
2,092
1, 316
768
1,912
6,544
437
360
159
6,532
430
357
157
6, 497
426
356
154
6,881
46. 465
15, 801
912
2, 587
4, 157
9,791
1,908
4, 783
46, 415
15, 748
914
46, 482
15, 761
916
2, 581
4, 169
46, 608
46, 956
16, 039
8,913
7,126
917
104
68
367
46, 902
15, 965
269
110
2,768
4,178
1,457
141
648
47
532
2,594
8,942
7,023
4,770
2,630
4,173
4,734
9,000
4,702
15,811
916
2, 569
4,161
9,827
9,893
6,517
6,544
4,749
6,578
13, 087
12, 997
47
12, 904
7,314
50
12,911
7,322
44
745
443
285
482
130
1,162
740
439
289
479
128
1,160
573
9,770
1,917
1,926
4, 758
1,931
8,946
6,830
45, 899
15, 859
9,010
46,001
15, 869
46, 299
15, 795
902
107
62
366
904
107
67
363
6,741
896
107
60
357
6,663
266
101
267
105
2,416
266
106
6,849
267
101
2,308
9,035
6,834
2,296
9,054
4,111
1,392
141
660
47
526
4,118
1,395
139
664
47
526
4,096
2, 622
9,643
2,624
1,472
1,282
749
1,909
4,671
424
356
154
7,019
1,416
1,286
743
1,919
4, 667
428
354
153
7,098
6,509
46, 471
15, 830
916
2, 545
4,139
9, 852
1,919
6,490
46, 594
15, 877
912
2, 593
4,147
9,860
1,929
4,742
6,528
4,738
6,538
52
12, 766
7, 264
54
719
428
294
472
125
1,149
696
412
296
465
123
1,164
570
558
47
47
810
121
1,219
707
1,211
679
360
102
60
226
388
5,808
46, 329
15, 654
8,991
893
107
66
348
r
46, 292
- r15, 410
8, 621
r 6, 789
'814
r 77
65
••294
••272
106
2,522
2,663
1,404
139
648
4,131
1,416
137
669
- 4, 168
- 1, 396
528
529
••638
9,668
2,623
7,045
9,845
2,605
7,240
9,773
9,838
1,437
1,287
738
1,937
4, 681
430
353
154
4,748
4,796
6,528
46, 552
15, 894
911
2, 523
4, 154
9, 862
1,937
1,527
1,295
737
1, 952
438
358
161
6,551
46, 556
15, 931
899
2,517
4,116
9,849
1,942
2,601
7,172
1,466
1,293
742
1, 958
-137
674
45
2,618
7,220
450
363
164
1,460
1,292
-754
1,977
- 4, 837
-475
-369
- 165
46, 559
15, 870
894
- 46, 348
- 15. 547
-810
4,134
9,912
1,948
- 4, 139
- 9, 964
1,957
- 4, 789
6,602
2,497
4,772
6,572
6,585
2,536
- 47, 060
- 15 976
- 8 863
- 7 113
275
106
- 2, 721
- 4, 141
1, 351
- 138
682
46
- 546
274
107
- 2, 781
- 4 202
1,392
137
689
46
548
- 9, 787
- 2, 623
- 7, 164
- 1, 418
1,294
- 756
- 1, 991
- 4, 857
- 511
-371
- 161
9,789
- 46, 153
- 15, 351
- 777
2, 543
4,100
9, 959
1, 962
4, 785
- 46, 900
- 15, 866
-879
2, 575
4, 154
6,676
1,972
4, 796
6, 686
TO 47, 096
p 16 054
p 880
p 2, 567
P 4, 194
P 9, 942
P 1,982
P 4, 784
P f>, 693
-95
64
-347
2, 637
7 152
1,411
1 290
-751
1,992
4,844
508
367
156
6 589
6,558
9,972
P 47, 579
P 16, 284
p 9 092
TO 7, 192
P885
f 91
P353
P 107
P 2, 747
P 4 216
TO
v
TO
P
P
9, 931
2, 646
7 285
1,490
I 289
P744
* 1,972
P 4, 832
TO 6, 712
4,728
6,543
4,748
6,554
12, 820
12,815
12, 733
55
7,316
56
7,329
58
12, 588
7, 262
59
r 12, 329
- 6, 888
-60
- 12, 059
- 6, 550
60
- 12, 846
- 7 096
- 59
P 13, 159
P 7 322
p 62
654
391
296
452
119
1,162
668
396
296
447
120
1,160
670
398
296
449
121
1,154
678
405
292
452
123
1,143
635
387
287
449
123
1,141
-697
-424
288
453
-125
-716
-693
- 421
284
441
- 123
- 702
- 706
431
- 293
458
127
1, 106
P698
573
570
570
567
558
557
-155
-163
546
47
47
47
48
47
48
48
-47
47
48
809
805
806
804
807
807
806
798
-769
-722
••763
120
1,242
707
1,205
667
362
104
62
228
390
120
1,255
718
1,234
655
395
111
63
230
388
119
1,269
726
1, 235
645
407
111
63
232
381
115
1,276
725
1, 235
633
415
115
62
232
374
116
1,281
727
1,251
630
424
122
61
233
381
116
1,280
722
1,266
643
428
126
61
234
382
115
1,282
714
1,288
663
430
128
57
236
380
113
1,269
708
1,307
667
437
133
60
233
376
- 115
- 1, 261
-706
- 1, 323
-672
-447
135
- 59
-233
-382
- 112
- 1, 200
-683
- 1, 159
- 512
-453
- 134
- 49
-232
-374
121
- 1,191
- 705
- 1, 186
524
464
133
55
r 230
-393
P238
v 408
5,701
1,254
236
103
238
195
150
89
1,133
546
209
5,590
5,589
5,502
1,068
246
94
106
187
136
82
1, 131
540
209
5,514
1,060
244
95
105
187
134
80
1, 123
527
210
5,499
5,404
1,057
239
96
104
189
138
78
1, 113
518
210
1, 057
233
100
114
186
136
77
1, 093
507
210
5,326
1,330
235
108
330
193
156
89
1, 136
551
205
- 5, 441
1, 138
232
113
- 155
190
153
78
- 1, 082
- 506
212
5, 509
- 1, 221
234
115
- 218
195
- 163
78
- 1, 081
509
209
- 5, 750
- 1, 288
P 5, 837
p 1,312
- 1, 123
520
221
P 1, 141
1, 037
138
1,019
131
1,008
117
1, 035
123
1,029
127
1, 052
128
1, 051
127
996
121
959
113
-972
- 119
-985
- 118
- 1, 052
P 1, 068
239
284
416
214
238
270
413
212
233
279
411
212
235
296
410
212
228
300
405
211
233
309
404
210
238
306
401
208
239
275
398
206
238
252
398
206
240
252
403
-209
239
-270
-395
202
515
153
167
517
153
169
519
154
170
520
155
171
510
151
170
507
152
166
508
152
167
507
152
166
507
154
167
-511
- 154
167
-507
153
166
6,526
7,279
4,746
7,296
1, 160
246
99
145
192
147
85
1, 132
544
209
1,122
252
96
120
190
146
85
1,141
548
211
7,306
1,074
230
107
122
183
146
77
1, 083
503
209
6,606
r
-Revised.
P Preliminary.
^Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL SUPPLEMENT will be shown later.
- 45, 992
- 15, 153
- 8 292
- 6, 861
-784
- 74
61
-268
r
232
112
289
193
160
-86
P298
P462
P 1, 146
P799
p 1, 187
p 744
P 1, 280
p90
129
247
295
-408
209
"412
508
154
P512
165
SURVEY OF CURRENT BUSINESS
S-12
November 1052
19 51
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
Septem
her
October
1952
November
December
January
February
March
April
May
June
Juiy
Augus
September
EMPLOYMENT AND POPULATION—Continued
EMP LOYM ENT—Con tinued
Production workers in mfg. industries— Continued
Total (U. S. Dept. of Labor)— Continued
Nondurable-goods industries — Continued
Chemicals and allied products
thousands. _
Industrial organic chemicals
do
Products of petroleum arid coal
do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
.
do
Manufacturing production-worker employment
index, unadjusted (U. S. Dept. of Labor) f
1947-49 = 100_.
Manufacturing production-worker employment
index, adjusted (Federal Reserve) t-1947-49 = lOO._
538
168
194
152
215
94
344
222
530
163
197
155
213
95
336
217
517
161
168
126
213
95
330
213
103.6
103.6
102.9
' 101.9
103.8
103.7
104.0
103.4
230, 985
59, 281
118,621
227, 488
59, 491
115,126
239, 087
68, 500
116,987
270, 654
99, 013
118,411
296, 941
120, 225
122, 354
2,359
249
2,370
248
2.381
249
2,389
248
2,392
248
2,419
251
1,252
1,255
1,265
1,277
1,257
1,214
' 1,256
1.268
119.4
122.3
119.7
122.7
120.5
122.5
121.8
122.3
120.1
118.4
' 116.0
113. 5
P 119. 5
v 117.0
P 120. 9
P 118.0
131.0
131.9
128.1
' 128. 2
r 126. 4
' 121.1
' 133. 0
P 139. 6
40.8
41.8
44.4
40.7
41.7
44.7
40.7
41.7
44.3
39.8
40.8
43.4
40.2
41. 1
43.7
'40.5
'41.2
43.5
39.9
' 40.4
42.5
' 40.6
Ml. 2
Ml. 3
P41.1
Ml. 8
P42. 7
40.8
40.4
42.0
41.2
40.0
42.2
40.1
39. 5
41.5
40.6
38. 8
41.5
40.6
40.1
41.5
41.0
39.6
41.2
40.4
39.9
41.3
41.1
39.9
41.4
40.7
40.3
40.6
40.5
38.9
39.0
41.1
40.9
40.9
41.0
39.8
39.2
' 42.2
'42.1
'41.0
MO. 9
'39.7
MO. 1
'41.0
40.6
40.2
'40.4
'38.7
'39.6
'42. 1
P 42. 1
41.9
' 41.4
M2.0
' 41.4
P 41.4
40.5
MO. 9 ~~"p4\~2~
41.0
41.9
40.8
40.6
41.4
37.4
37.4
'36.8
'37.3
41.3
41.1
41.4
41.5
41.6
41.8
41.5
41.9
'41.8
Ml. 9
41.4
41.7
41.4
42.3
41.8
41.8
41.7
40.7
41.3
MO. 9
'39.9
MO. 8
41.1
43.4
41.5
40.9
39.7
43.3
40.2
40.9
42.3
40. 6
40.4
43.2
41.8
40.7
39.1
43.9
39.1
40. 6
42.5
40.0
41.3
44.1
42. 0
41.7
40.4
44.1
40.5
40.8
42.6
41.4
40.5
43.9
41.9
41.5
40.5
43.2
40.7
41.0
42.1
41.0
40.4
43.6
41.6
41.4
40.4
43.2
40.0
41.4
41.7
40.8
40.5
43.5
41.5
41.3
40.4
42.9
40.9
41.3
41.7
40.9
39.0
42.8
40.7
40.7
39.9
42.0
40.5
40.3
41.4
40.1
40.2
42.9
40.6
41.1
40.1
42.8
41.1
40.4
41.8
40.5
MO. 2
M2. 7
MO. 9
MO. 7
'39.4
M2. 7
40.9
MO. 6
Ml. 6
MO. 3
39.4
41.9
MO. 0
'39.4
'36.1
42.6
40.7
MO. 2
' 40.8
'39.8
40.4
M2. 2 •
40.9
40.2 '
38.1
42.4
40.5
40.1
Ml. 5
MO. 7 i
38. 9
42.0
41.5
44.3
42. 5
41.7
40.8
39.7
37.2
37.0
36.3
39.2
42.0
44.1
43.8
37.0
41.5
40. 6
39.3
37.8
37.6
37.3
39.9
42.3
44.2
44.1
38.3
41.5
40.8
39. 5
39.3
39.3
37.8
39. 5
41.6
42.5
44. 0
38.0
41.2
40.5
38.4
38.9
39.0
37.0
39.5
41.4
41.4
43.9
38.4
41.5
40.7
36. 9
38.8
38.4
37.8
39.3
41.0
40.6
43.8
38.1
41.0
40.4
36.6
38.1
37.2
37.8
38.4
40.7
40.3
43.8
37.5
41.1
40.6
34.6
37.2
37.1
36.2
39.0
41.4
40.7
44.3
37.9
41.8
41.8
37.9
37.7
37.1
36.9
r 39. 5
39.4 '
' 41.9 ;
40.7
45.0
MO. 3
41.9
43.0
38.0 !
38.4
38.0
37.9 |
r
M2. 1
'41.1
M5.6
'38.7
' 42.3
' 42.3
38.6
'38.4
'37.7
37.6
35.6
35.1
34.6
32.5
35.5
32.2
36. 2
33.7
36.0
33.4
36.7
34.7
36.8
35.3
35.0
32.9
36.4
33.2
'36.2
'34.2
'36.0
33.8
'37.3
36.2
p 37. 5
35.5
34.4
42.8
44.2
35.0
32. 8
42.5
44.0
35.6
34.6
42.4
43.8
35.8
35.8
42.8
44.2
35.7
35.9
42.5
43.6
36.5
36.4
42.4
43.6
36.7
36.2
42.6
43.8
35.8
34.2
41.4
42.2
37.2
36.0
41.8
42.6
'37.3
'34.8
42.4
'43. 1
'36.9
34.9
M2.4
43.3
37.9 i
36.2
M3.2 I
43.7
P 43. 4
39.2
36.9
40.5
41.7
40.8
41.4
41.1
40.9
40.9
35. 9
34.6
38.6
36.7
39.5
41.8
40.3
40.9
40.4
40.3
39.9 !
35. 4 i
33.9 '
38.7
36.7
39.9
41.8
40.4
40.7
40.6
40.5
40.5
35. 6
33.9
39.4
37.5
40.7
41.8
40.7
41.2
41.3
41.2
41.0
37.8
36. <
38.6
35.8
40. 3
41.6
40.4
40.9
41.0
40.9
40.9
38.4
38.2
38.4
36.1
39.7
41.4
40.3
40.8
40.7
40.5
40.6
38.7
38.6
38.7
36.1
40.3
41.3
40.3
40.7
40.5
40.3
39.8
38.7
38.7
38.2
36.1
39.5
41.0
40.2
40.5
40.3
39.6
39.3
37.1
36.7
38.6
36.5
40.0
40.9
40.3
37.2
35.7
40.5 i
40.4
37.3
36.8
38.8
'36.4
MO. 2
Ml. 1
40.3
' 40. 8
'40.4
MO. 9
Ml. 1
'38.2
'37.8 1
'38.6
36.1
40.3
MO. 6
40.1
41.1
40.6
MO.l
MO. 5
38.5
38.3 i
'38.9
36.1
40.3
MO. 9
40.5
MO. 5
40.0
Ml. 1
41.0
'39.6
39.7
543
175
197
154
218
92
327
208
544
172
197
154
215
90
320
201
542
173
197
154
219
95
317
198
538
171
196
155
219
95
323
205
536
170
193
153
218
94
330
213
538
168
193
153
215
94
342
221
105. 8
105. 1
104.3
104.4
103.2
103.9
103.4
103.3
103. 5
103.6
303, 304
128, 757
121,524
273. 542
99, 528
120, 521
246, 185
75, 055
118, 551
2, 335
249
2,342
249
2,344
248
1,305
1,293
1, 285
1,257
124.6
120.5
123.3
122.2
122.2
124.2
119.9
124.6
130.9
129.8
129.8
132.9
130.4
40.6
41.6
44.2
40.5
41.7
44.0
40.5
41.5
43.9
41.2
42.2
45.1
40.6
40.2
41.1
41.5
39.3
41.3
41.3
40.8
41.4
41.7
39.8
41.2
40. 6
40.4
41.1
40.9
39. 2
41.2
41.0
40.4
40.4
41.6
41.7
40.8
43.2
41.5
41.1
39.8
43.9
40.0
40. 7
42.2
40.4
39.4
42.8
41.9
45.0
43.5
42.1
41.8
39.5
36.9
37.1
35.5
Miscellaneous employment data:
Federal and State highways, total §
number. . 314, 679
135, 562
Construction (Federal and State)
do
124, 067
Maintenance (State)
_do
Federal civilian employees:
2,330
United States __ _
__ thousands
250
Washington, D. C., metropolitan area__do
Railway employees (class I steam railways):
1,321
Total
thousands
Indexes:
126.1
Unadjusted
1935-39=100
123.1
Adjusted
do
^512
163
••190
* 155
215
95
••340
221
r
T
"' 7
100. 8
'512
167
' 190
' 157
'201
93
339
' 219
514
169
'203
160 I
'211 :
92 !
'357
232
p.531
P201
P219
"351
'97.5
' 103. 9
P 106. 4
'99.2
' 103. 1
P 104. 6
328, 561 '341,207 p 336, 739
141, 561 ' 149, 194 i P 143, 210
131. 788 P 132, 378
128, 338
2.420
251
2,407
248
2,388
245
PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor) 1.1947-49=100. LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries
hours
Durable-goods industries
_ _ _ _ _
__do
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
do
Glass and glass products
_.
do_
Primary metal industries
do
Blast' furnaces, steel works, and rolling
mills J
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment) hours
Heating apparatus (except electrical) and
plumbers' supplies
hours
Machinery (except electrical)
do
Electrical machinery _
.
__do
Transportation equipment
do
Automobiles
_ .
_ _ _..do
Aircraft and parts
do
Ship and boat building and repairs- ..do.. .
Railroad equipment
do
Instruments and related products
do-..
IV'liscellanoou-S mfg" industries
do
Nondurable-goods industries
Food and kindred products
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Tobacco manufactures
_ _
Textile-mill products
Broad-woven fabric mills
Knitting mills
do
do
do_ _
do
do
do
do
„ do.
do
do
do
Apparel and other finished textile products
hours _ _
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing _ -_hours _ .
Women's outerwear
do
i
Paper and allied products
do
Pulp, paper, and paperboard mills, _ _ d o
Printing, publishing, and allied industries
hours _
Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Products of petroleum and coal
Petroleum refining
Rubber products
_ _.
Tires and inner tubes
Leather and leather products
do
do
do_-_
!
do
!
do
!
P 42. 1
p 43. 0
P 42. 0
P 41 . 1
P41.8
P41.2
p 40. 3
41. i
Ml. 8
40.1
44.2
39.0
41. 9
41.5
' 39. 4i ~ ~ ~ p~39.4~
'39.6
p 40.1
39.2
38.9
39. 9
P39.3
Ml. 7
Ml. 2
Ml. 2
P38.5
r
Revised.
» Preliminary,
t Revised series. Indexes have been shifted to i lew base p(^riod; inon thly data f n- 1919-50 i re shown c)ii pp. 19 aiid 20 of th(3 October 1952 SURVE Y.
§ Total includes State engineering, supervisory , and ad ministrative employees not shown separately
\ Seenote marl:ed "£" on p. S-ll.
SURVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-13
1952
1951
September
October
November
December
January
February
March
April
May
July
June
August
September
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS—-Continued
Average weekly hours per worker, etc. — Continued
Nonmanufacturing industries:
Mining:
Metal
hours
Anthracite.. _
do
Bituminous coal __
do __
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
hours .Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuildin g construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
...do
Telegraph f
do
Gas and electric utilities
do _ . . _
Trade:
Wholesale trade
_.
do
Retail trade (except eating and drinking
places)*.
hours
Geiieral-merchand ise stores
do
Food and liquor stores
do
Automotive and accessories dealers., -do
Service:
Hotels, year-round
do__ _
Laundries
__
_
do
Cleaning and dyeing plants
do
Industrial disputes (strikes and lock-outs):
Beginning in month:
Work stoppages
—
number-Workers involved _
_
thousands
In effect during month:
Work stoppages
number
Workers involved
- thousands..
Man-days idle during month
do
Percent of available working time
U. S. Employment Service placement activities:
Nonasrricultural placements. ._ ._ thousands _
Unemployment compensation (State laws):
Initial claims
do
Benefit payments:
Beneficiaries, weekly average
do - .
Amount of payments
thous. of dol
Veterans' unemployment allowances:
Initial claims
... thousands. _
Continued claims
- do
Amount of payments
thous. of dol
Labor turn-over in manufacturing establishments:
Accession rate. -.monthly rate per 100 employees. Separation rate total
do
Discharges
-- -do
Lay-offs
do
Quits
-do.. M ilitary and miscellaneous
do
44 1
27.2
36.5
44 4
35 1
36.3
43 4
36 8
36.2
44 4
31 1
38.4
44 3
32 6
38.5
44 1
30 9
35 9
44 5
30 1
35.4
43 i
28 1
29 9
44 4
33 3
31 8
r 42 6
r 30 1
r 28 5
r 49 2
r 26 8
r 27 7
44 6
29 4
36 2
41.8
46.1
38.9
41.9
38.2
40.5
47.0
39 3
42.6
38 5
40.4
44.5
36.8
38.7
36 4
41.8
44.0
37 9
38.9
37 7
41.7
43.7
37 9
39.6
37 5
40.8
44.3
38 3
40.2
37 9
41.6
43.8
37 1
38.5
36 9
41.1
44.8
38 0
39.8
37 6
40.6
45.7
38 6
41.2
37 9
41.3
f 45. 8
39 4
'42. 2
38 7
41.1
45. 4
r 39 2
'42.0
r 38 6
40.6
46.2
39 3
42.1
38 6
46. 1
39.4
44.4
42.2
46 2
39.1
44 3
42.1
46 3
39.2
44 2
42.0
47 6
38.8
44 3
42.1
46 4
38.7
1
43 9
41.9
46 5
38 5
43 9
41.4
46 6
38.5
44 0
41.4
46 I
34 9
46 9
38 7
r 47 1
41.4
41.2
39* 0
4.4 ^
41.2
r 47 2
39 4
44 8
'41.4
47 4
38 7 '
44 F,
41.5
40.9
40.8
40.8
41. I
40.7
40 4
40.4
40 1
40 4
r 40 5
r 40 6
40 6
40.0
35.9
40.0
45.2
39.8
35.6
39 6
45.4
39.4
35. 1
39.7
45.3
40.1
37.0
40 0
45.4
39.8
35. 8
39.4
44.9
39 8
35.9
39 4
45.0
39 8
35.8
39 5
45.1
39 7
36.0
39 6
45.4
39 6
35. 7
39 2
45.3
r 40 1
40 4
'36.4
r 40 5
MS! 4
40 3
36.4
40 5
45.5
42.9
41.3
41.6
42.9
41 1
41.5
43.1
41.0
40.7
43.2
41 4
41.1
42.8
41 5
40.7
42.8
40 9
39 8
42.5
40 9
40.1
42.8
41 1
41.3
42.6
41 4
42 0
42 6
T 41 g
r 42 6
r 42 3
41 2
40 5
42 3
40 9
40 4
457
215
487
248
305
84
186
82
400
190
350
185
400
240
475
1 000
475
300
425
170
425
125
450
225
475
930
693
340
2.540
.33
728
365
2 790
.30
521
191
1,610
.19
357
130
1 020
.13
600
250
1 250
.14
550
250
1 270
.15
600
320
1 400
.17
650
1,200
5 300
61
675
1,200
7 500
90
650
1 000
14 000
1 68
650
850
12 500
1 44
675
310
2 100
25
700
360
3 200
37
658
r
' 36. 3
r 4() 2
«- 45. 3
T
621
610
498
426
473
427
465
566
572
581
556
588
724
3 329
902
3 692
948
3 817
1 152
4 114
1 382
6 157
890
5 169
867
4 834
1 109
4 825
915
4 445
978
4 255
1 585
4 961
733
4 301
758
62, 049
713
67 449
749
68 607
797
70 624
1, 185
116 469
1 146
105 023
1, 113
101 564
993
94 385
918
86 958
918
83 511
880
88 612
980
95 389
632
62 186
1
3
66
1
3
53
1
3
50
1
3
57
1
4
83
31
1
28
25
1
13
q
4.3
51
.3
1.3
3.1
A
4.4
4 7
.4
1.4
2.5
.4
3.9
4 3
.3
1.7
1.9
A
3.0
35
.3
1.5
1.4
.3
4.4
4 0
.3
1.4
1.9
.4
3.9
39
.3
13
1.9
.4
3.9
3 7
.3
1. 1
2.0
.3
3.7
4 i
.3
13
2.2
.3
3.9
39
.3
1.1
2.2
.3
4.9
39
3
11
2 2
.3
4.4
65.49
71.01
76.47
65.41
71. 10
75.50
65.85
71.05
75.68
67.40
72 71
77. 62
66.91
72.15
77.26
66.91
72. 18
78.76
67.40
72.81
78.85
65.87
71 07
77.04
66. 65
71 76
78.22
61.51
61. 06
58. 40
65.74
65. 40
75.79
62.32
61.49
58.79
65. 93
65 67
74.82
60.86
60. 56
58.81
65.03
65. 50
75. 23
60.18
59. 47
60.48
65.30
66 28
77.73
57.02
56. 56
59. 84
64.35
64. 14
76.86
59.11
58.47
60. 26
65.23
65.54
75.85
59. 59
58. 85
60.67
65. 76
66.59
76.55
61.13
60. 37
59.48
64.88
65. 16
71.53
59.96
60. 45
59.80
65. 85
66 78
78.72
75.79
77.49
79.44
77.93
76.53
78.33
70.16
68.64
70.47
69.95
71.58
73.54
73.17
74.03
(2)
3
65
(2)
3
54
(2)
2
44
(2)
2
568
QQC
"5.7
p4 9
p 4
.3
••5.9
r4 6
3
r \ 0
3 0
.3
r
67 15
r 71 gg
T
77 73
r 65 76
r 70 05
r 76 46
r 67 80
r 72 92
r 74 38
v 69 58
i> 75 4^
v 78 87
' 64. 73
65 17
60 C2
66 09
67 37
73. 38
' 62. 81
Tr 62 69
58 37
r 60 40
70. 46
r
70. 77
r
71 91
84 75
73.33
74.41
r
74 36
r 75 50
75 93
' 70. 34
P 74, 22
70 82
77 86
r 70 is
*>80 45
P 72 91
c o
3
2 2
r>
7
v 3 5
P .3
WAGES
Average weekly earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars.Durable-goods industries
do
Ordnance and accessories
_ . _ . . do
Lumber and wood products (except furniture)
dollars .Sawmills and planing mills
do
Furniture and
fixtures
- do
Stone, clay, and glass products
- do .
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling millst
dollars..
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars ._
Heating apparatus (except electrical) and
plumbers' supplies
dollars
Machinery (except electrical)
do
Electrical machinery
do
72.17
r
r
r
r
r
r 65 41
r 66 25
r 72 23
70.14
70.39
69.92
71.78
71. 06
71.27
71.43
69.64
70.95
' 70. 18
'67.83
69.89
77.24
68.06
70.65
77.86
68.27
69.53
77.63
69.10
71.49
79.95
69.97
70.07
79.81
70.22
69.85
79.70
69.93
70.35
80.00
70.43
67.74
78.62
69.03
69.99
79.06
68.90
r
r
r
r 68 00
70 11
78. 87
69 73
r
76 97
r 68 28
' 66. 22 P
66 62
•P
r 67 65
v
69' 70
r 79 22
v
T
66. 64
62 20
68 52
82 03
r
r
r 78 31
77.43
77.05
79.47
79.57
Transportation equipment
do
77.14
79.48
79.24
P 82 41
80.08
78 47
79 12
75 73
r
r
80.55
77.53
76.44
79.91
80.84
Automobiles
do
77.34
79.83
80.24
79 27
79.68
77 04
71 84
r
T
79.28
79.85
79.53
78.07
80.57
80.01
80.57
80. 38
Aircraft and parts _ _ .
do. ..
80.
36
78.08
80.69
80.
51
r
T
72.37
74. 85
Ship and boat building and repairs do
71.52
73.57
74. 12
74.32
76.81
75 01
76 03
74 97
76.36
75 86
T
76.49
76.79
77.81
78.12
78.55
Railroad equipment
do
76.96
76.25
77.06
«• 77. 79
76.11
75. 01
76 63
r
Instruments and related products
do
69.93
70.98
71.70
71.02
71.02
71.47
70.71
71.81
70.26
' 71. 97
' 71. 92 "73.07
70. 62
Miscellaneous mfe. industries
do
59.94
57.61
58.18
58.71
60.53
60.18
60.57
59.31
r 60. 01
60.39
' 58. 94 «• 60. 68
J»61.84
r
1
Revised.
* Preliminary.
See note "f" for this page; comparable figure for December 1951, 43.8. 2 Less than 500 claims.
tRevised series. Beginning 1952, data cover all domestic (land-line) employees except messengers and those compensated entirely on a commission basis; earlier data exclude general and
divisional headquarters personnel and trainees in school.
*New series. Data beginning 1947 wiD be shown later.
JSee note marked "|" on p. S-ll.
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1951
September
October
1952
November
December
January
February
March
April
May
June
July
August
September
EMPLOYMENT AND POPULATION— Continued
WAGES—Continued
Average weekly earnings, etc. — Continued
All manufacturing industries— Continued
Nondurable-goods industries
. . dollars..
Food and kindred products
do
Meat products.
__. .. .do ___
Dairy products
do
Canning and preserving... ._
. _ do__
Bakery products
do
Beverages
__ do
Tobacco manufactures
___ .._ do..
Textile-mill products
_. do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars __
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
_.
... do_.
Paper and allied products
do
Pulp, paper, and paperboard mills... do
Printing, publishing, and allied industries
dollars. .
Newspapers
..do...
Commercial printing
do
Chemicals and allied products.
do ..
Industrial organic chemicals
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
.. do
Tires and inner tubes
do
Leather and leather products .
.._ do .
Footwear (except rubber)
do
Non manufacturing industries:
Mining:
Metal
do .
\nthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars __
Nomnetallic mining and quarrying
do
Contract construction
- .do. .
Nonbuilding construction
do
Building construction
_ __do_
Transportation and public utilities:
Local railways and bus lines
do ...
Telephone
do
Telegraph f
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers.. .do
Finance:
Banks and trust companies
-. _do.
Service:
Hotels year-round
do
Laundries
do
Cleaning and dyeing plants
- do.. Average hourly earnings (U. S. Department of
Labor):
411 manufacturing industries
dollars
Durable-goods industries
_ - do - Ordnance and accessories
do
Lumber and wood products (except furniture)
- dollars _ Sawmills and planing mills
do. ..
Furniture and
fixtures
do
Stone clay, and glass products
do
Glass and glass products
- - do-.
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills J
-- dollars _
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars..
Heating apparatus (except electrical) and
plumbers' supplies _
dollars ..
Machinery (except electrical)
do
Electrical machinery _
~ - -do
Transportation equipment
Automobiles
Aircraft and parts
.. .
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous nifg. industries
-
do
do
do. _.
do
do
do
do .
58.67
62.06
68.46
62.10
54. 33
58. 69
75.11
44.75
48.74
48.75
44.84
58.00
61.91
67.65
60.60
56.87
58.38
72.54
45.30
49.29
48.77
46.06
59.07
63. 34
73. 51
60.09
47.80
59.26
74.54
46.26
50.46
50.01
47.56
60. 45
64.13
73. 06
61. 48
51.02
59. 43
73.48
46. 53
52. 70
52.62
48.08
60. 04
63. 40
69. 66
62. 79
50. 35
59. 04
72. 94
45.27
52.40
52.10
47.66
60.12
63. 30
68. 72
62. 29
51.11
60.09
73. 50
43.69
52.22
51. 19
48.31
60. 13
63. 30
68.09
62. 55
51. 40
59. 29
73. 41
43.88
51.32
49.48
48.16
58.71
62.80
67.78
62. 24
50. 44
60.25
73. 81
41.45
49.85
49.08
45.94
59.71
64.09
68.82
62. 95
49. 50
61. 57
76.95
45.40
50.78
49.42
46. 86
' 60. 83
' 65. 34
r
69. 91
' 65. 30
' 50. 62
' 62. 27
' 78. 68
' 46. 74
' 51. 61
' 50. 37
' 47. 23
'61.57
60.87
' 64. 78 ' 63. 25
' 70. 00
69.37
63. 74
r 64. 85
'51.30
51.01
' 61. 76
61.47
81.01
78. 85
' 46. 28 ' 47. 67
' 51. 65 ' 53. 42
50.81
52.49
47.72
48.94
v 62. 30
v 64. 04
45.89
51.98
43.70
47.81
45.12
47. 59
46. 26
49.98
46. 40
50.00
47.56
51. 67
47.36
52.63
43.58
48.20
45.06
48.77
r 45. 21
' 50. 86
' 45. 68
49. 35
' 48. 15
53.83
* 48. 71
37.67
51. 50
65. 57
71.29
37. 14
47. 33
65. 32
71. 15
38. 13
50.41
65. 64
71.31
38.09
52.30
66. 68
72.22
38.06
53.38
66. 39
71.29
39. 02
54.78
66. 57
71.68
39.34
53.14
67. 48
72. 93
38.02
47.81
65. 33
69.88
39.47
49.43
66. 34
71.01
'39.35
' 48. 79
r 72. 54
'
'
'
'
40. 06
54.70
' 69. 81
74.07
77. 69
85. 13
76. 99
68. 43
72.54
83. 21
86. 60
70.18
81.64
45.92
42. 73
76.27
84.59
75. 13
68. 18
71.17
81.72
84. 68
68. 67
78.76
45.31
41.83
77.09
85.51
76. 57
68. 72
71. 63
81.28
84.89
69. 46
80.27
45. 85
41.93
79.43
88. 65
78. 75
69. 10
72. 45
82.94
87.14
73. 91
86. 26
48. 61
45.57
77.28
83. 13
78.18
69. 06
72.11
82. 66
86. 67
74. 19
86. 99
49.54
47. 52
77. 64
84.19
77.26
68. 81
72.02
82.09
85. 63
73. 31
85.75
50.19
48.52
79.06
84. 55
79. 55
69. 18
72.54
82.09
85.50
72.58
83. 46
50.46
49.15
78. 23
85. 02
78. 21
69. 09
73.20
82.34
85.68
71.40
81.90
48. 53
46.57
79.86
87.42
79. 96
69. 73
73. 67
75.22
76.58
73. 47
84.96
48.90
46. 63
' 80. 16
••87.32
' 80. 52
' 70. 65
' 74. 07
r 84. 95
r 87. 83
' 75. 01
' 87. 79
r
50. 04
f
47. 74
' 79. 86
' 86. 60
' 80. 48
' 70. 08
' 73. 98
' 87. 71
' 90. 58
' 73. 42
' 86. 67
' 49. 97
' 47. 68
76. 43
60.36
81.61
76.10
78. 24
80.62
74.43
81.84
81.09
79. 43
69.98
86.28
79. 12
73.58
86.39
79.25
68. 97
80.27
80. 59
67.00
79. 26
77.67
62.52
66.68
80. 45
74.69
70.25
r 79. 32
' 66. 67
' 64. 30
' 78. 96
' 59. 58
' 62. 30
82.20
66. 15
80. 26
83.68
70. 63
85.19
84.72
85.42
78. 93
71. 72
86. 26
86. 61
86.20
79.02
68. 35
81. 66
79. 30
82.26
83. 85
67.32
83. 83
79. 08
84. 94
84. 53
66. 69
84.74
81. 26
85.35
82.29
67.60
85.95
82.73
86.60
84.57
67.50
83.51
79.46
84. 57
83. 10
69.31
85.20
82. 43
85.92
81. 93
70.74
85.81
84.42
86.03
' 85. 53
' 71. 31
' 87. 35
r
86. 72
' 87. 50
'
'
'
'
'
85. 28
70. 01
87. 77
87. 49
88. 09
85. 46
72. 30
89.29
90.09
89.13
73. 11
59.97
72.33
72.88
73. 23
59.94
72.34
72.92
73.11
60.84
72. 13
73. 29
75. 35
59. 44
72 21
73. 63
73.92
59. 68
i 70. 77
73. 20
73. 52
59.83
70.90
72.82
74.89
59. 29
71.02
73. 28
74. 31
53. 92
76.17
60.60
73. 24
73.46
r
76. 91
' 60. 80
' 72. 40
' 74. 41
'
'
'
'
78. 21
62. 41
72. 84
74. 69
78.87
61.96
71. 96
75.20
65. 64
65. 44
65. 52
66.58
66. 42
66.13
66.62
66.49
66.94
' 67. 59
' 67. 96
68.21
50. 80
37. 19
54.24
67. 94
50. 43
36.56
53. 90
67. 24
49.92
36. 12
54. 35
67.13
49.92
37. 52
54. 44
67. 06
51.22
38.27
54.53
66. 68
50.98
37.44
54.45
67. 37
50. 90
37.20
54.87
67.74
50. 97
37.04
55. 16
69.28
51.68
37.91
55.12
71.08
'
'
'
'
52. 85
38. 80
56. 68
71. 71
' 53. 21
' 38. 80
' 56. 86
'71.32
53. 03
38.62
56.86
70.21
38. 75
51. 58
68. 65
74. 04
v 70. 53
' 80. 48 p 82. 06
86.71
79. 79
' 70. 72 P 71. 10
74.97
' 87. 08 T> 89. 45
90. 48
' 74. 93 v 75. 23
87.17
' 52. 11 v 51. 24~
50. 38
50. 36
50.78
51. 13
51. 81
52. 05
52.14
52.30
52.03
52.12
' 51. 96
' 52. 50
52.51
35.78
37.87
44.72
35. 91
37.73
44.36
36.20
37.93
43.71
36. 81
38.34
44.14
36.47
38. 55
44.08
36. 59
37. 96
43.14
36. 38
38.00
43.39
36.72
38.47
45.22
36.76
39.00
46.41
' 36. 72
' 39. 54
' 47. 20
' 36. 72
' 39. 14
' 44. 87
36.76
39.06
44.32
1.613
1.707
1.730
1.615
1. 705
1.716
1. 626
1.712
1.724
1. 636
1.723
1.721
1.640
1. 726
1.740
1.644
1.731
1.762
1.656
1. 746
1.780
1. 655
1.742
1.775
1.658
1.746
1.790
r
1. 658
1. 747
' 1. 787
' 1. 648
1.734
' 1. 799
' 1. 670
' 1. 770
'1.801
v 1. 693
P 1. 805
P 1.847
1.515
1.519
1.421
1. 584
1. 664
1.835
1.509
1.507
1.420
1.581
1. 650
1.816
1.499
1.499
1. 431
1.590
1.671
1. 826
1.475
1.472
1.440
1.585
1.657
1.842
1.422
1.432
1.442
1. 585
1. 653
1.852
1. 456
1.458
1. 452
1.591
1. 655
1.841
1.475
1.475
1.469
1.600
1.669
1.849
1.502
1. 498
1.465
1. 602
1.675
1.834
1.459
1.478
1.462
1.606
1.678
1.841
'
'
'
'
1. 534
1. 548
1. 464
1. 616
r
1. 697
' 1. 830
'
'
'
'
'
'
' 1. 573
1.590
' 1. 459
' 1. 634
1.721
'1.937
p 1. 583
1.920
1.876
1.890
1.896
1. 910
1. 885
1.892
1.876
1.884
' 1. 923
' 1. 928
2.052
1.699
1.694
1.702
1.729
1.772
1.759
1.771
1.767
1.776
r
1. 779
' 1. 802
1.834
r
1. 532
1. 544
1. 452
1. 619
1. 712
1. 824
v 1.481
P 1. 655
v 1.991
1.682
1.688
1.689
1. 697
1.700
1.705
1.713
1.711
1.718
1.716
' 1. 700
' 1. 724
P 1. 763
1.713
1.788
1.640
1.719
1.794
1.645
1.721
1.797
1.653
1.731
1.813
1.666
1.730
1.818
1.676
1.729
1.828
1. 681
1.737
1.839
1.697
1.737
1.837
1.696
1.741
1.843
1.697
' 1. 744
' 1. 847
1. 705
' 1. 726
' 1. 837
1.707
1.753
' 1. 845
' 1. 716
P I. 871
P 1. 736
1.884
1.948
1.806
1.788
1.891
1.657
1.426
1.886
1.948
1.803
1.830
1.884
1.661
1.433
1.893
1.955
1.819
1.851
1.884
1.670
1.446
1.906
1.978
1.827
1.830
1.907
1.683
1.462
1.915
1.989
1.841
1.839
1.873
1.687
1 462
1.914
1.976
1.852
1.858
1.887
1.703
1 475
1.939
2.001
1.878
1.878
1.902
1.714
1.481
1.928
1.997
1.859
1.852
1.892
1.708
1.479
1.936
2.001
1.878
1.858
1.884
1.718
1.491
' 1. 944
r
2. 012
' 1. 882
' 1. 859
'1.916
' 1. 730
'
'
'
'
'
'
'
1. 922
1. 990
1. 890
1. 842
1. 866
1. 731
1. 481
' 1. 948
2.022
1.903
1. 873
1.911
' 1. 733
' 1. 491
1.522
1.529
1.660
1.419
1.331
1.448
1.806
1.530
1.544
1.677
1.428
1.349
1 446
1.817
1.529
1.543
1.682
1.421
1.345
1.466
1.818
1. 531
1.548
1.691
1.421
1.306
1.473
1.841
' 1. 540
' 1. 552
'r 1. 701
1. 432
'1.308
' 1. 472
'1.860
'
'
'
'
'
1.545
1. 546
1. 720
1. 441
1. 273
1. 474
1.884
' 1. 543
' 1. 539
1. 730
1.442
1.308
1.467
1.900
1.491
1 507
1.515
1.489
1. 520
Nondurable-goods industries
do
1.508
1.516
1.474
1.524
I
1. 450
Food and kindred products
do
1.630
1.667
1.653
1.639
1. 634
Meat products
..
do _
1.372
1.368
1.
394
1.427
1.380
Dairy products
- do
1.292
1. 332
1.338
1.325
1.249
Canning and preserving
... do
1.428
1.433
1.400
1. 432
1.394
Bakery products
do
1.778
1.836
1. 797
1. 801
1.801
Beverages
do
r
Revised.
P Preliminary.
1 See note "f on p. S-13; comparable figure for December 1951, $70.47.
*New series. Data beginning 1947 will be shown later.
fRevised series. See note "t" on p. S-13.
r 67. 71
v 46. 30
v 54. 42
note marked "J" on p. S-ll.
r 1. 489
P 2. OC5
v 1. 748
p 1. 501
v 1. 546
P 1. 532
SURVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-15
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
EMPLOYMENT AND POPULATION—Continued
WAGES — Continued
Average hourly earnings, etc. — Continued
All manufacturing industries— Continued
Nondurable-goods industries;— Continued
Tobacco manufactures
dollars. .
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollar s__
Men's and boys' suits and coats
do __
Men's and boys' furnishings and work
clothing
dollars _
Women's outerwear
_
do
Paper and allied products
.
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
dollars. _
Newspapers
- _ . _ do_ __
Commercial printing
do
Chemicals and allied products ._
.do
Industrial organic chemicals
do
Products of petroleum and coal
do _
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
do ...
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
_
do __
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
Nonmetallic mining and quarrying . . . do
Contract construction
do
Nonbuilding construction
_ _ do ..
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph f
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores _ do __
Food and liquor stores
do
Automotive and accessories dealers do
Service:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. per hr
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol per hr
Railway wages (average, class I) - _ .-. ..do__
Road-building wages, common labor
do
1.133
1.321
1.314
1.263
1.141
1. 325
1.318
1.269
1.177
1.335
1.330
1. 275
1.178
1. 341
1.339
1.272
1. 179
1.347
1.336
1.288
1.184
1.346
1.333
1.278
1.199
1.347
1.330
1.274
1.198
1.340
1.323
1.269
1.198
1.347
1.332
1.270
••1.211
' 1. 344
'1.336
' 1.256
'1.218
'1.345
1.337
1. 259
'1.210
1.349
1.339
1.258
» 1. 175
P 1. 357
1.289
1.481
1.263
1.471
.271
.478
1.278
1.483
1.289
1.497
1.296
1.489
1.287
1.491
1. 245
1.465
1.238
1.469
' 1.249
' 1.487
' 1. 269
1.460
' 1. 291
1.487
» 1. 299
1.061
1.497
1.532
1.613
1. 061
1.443
1.537
1.617
.071
.457
.548
1.628
1. 064
1. 461
1. 558
1. 634
1. 066
1.487
1.562
1. 635
1.069
1. 505
1.570
1.644
1.072
1.468
1.584
1.665
1. 062
1.398
1.578
1.656
1.061
1.373
1.587
1.667
'•1.055
' 1. 402
f 1. 597
' 1. 683
' 1. 050
' 1. 478
1. 619
' 1. 710
1.057
1.511
'1.616
1.695
1.982
2.307
1.901
1.641
1.778
1.976
2.305
1.902
1.631
1.766
1.992
2. 330
1.919
1.644
1.773
2. 016
2. 364
1. 935
1. 653
1. 780
2.002
2.322
1.940
1. 660
1.785
2.022
2.332
1.946
1.662
1.787
2.043
2.342
1.974
1. 675
1.800
2.048
2.355
1.980
1. 685
1.821
2. 069
2. 395
1.999
1. 705
1.828
f 2. 066
' 2. 399
'
'
'
'
'
2. 069
2. 399
1. 997
1. 726
1. 845
' 2. 069
2.402
1.980
' 1. 729
1.851
* 2. 088
2.010
2.107
1.716
1.996
1.279
1.235
1.998
2.096
1. 704
1. 974
1.280
1.234
1.997
2.091
1.715
1.982
1.288
1.237
2.013
2.110
1. 794
2.104
1.286
1.235
2. 021
2.114
1.814
2. 127
1.290
1.244
2.012
2.104
1.810
2.112
1.297
1.257
2.017
2.111
1.801
2. 097
1. 304
1.270
2.033
2.126
1.803
2.084
1.308
1.269
2.022
2.145
1.814
2.103
1.311
1.267
' 2. 082
' 2. 174
' 2. 150
2.262
' 1. 823
2.126
' 1. 316
1.269
* 2. 171
' 2. 136
'1. 310
' 1. 263
' 2. 134
' 2. 231
' 1. 831
T
2. 140
' 1. 298
' 1. 245
1.733
2.219
2.236
1.714
2.229
2.221
1.715
2. 224
2.240
1.789
2.250
2.247
1.786
2.257
2.244
1.797
2.232
2.236
1.811
2.225
2.239
1.802
2.225
2.230
1.812
2.243
2.209
' 1. 862
' 2. 215
' 2. 256
' 1. 871
' 2. 223
' 2. 249
1.843
2.250
2.217
2.002
1.532
2.190
2.022
2.236
1.949
1. 526
2.195
2.033
2.239
1.956
1. 536
2. 219
2.049
2.260
2.006
1.530
2.212
2.033
2.253
2.027
1.526
2. 236
2. 052
2.276
2.017
1.526
2.244
2.058
2.285
2. 033
1.541
2.251
2. 064
2.292
2.022
1.547
2.242
2.071
2.285
2.018
1.548
2.223
2.049
2.270
' 2. 071
' 1. 557
'2.217
' 2. 055
' 2. 261
'
'
'
'
2. 075
1. 542
2. 239
2. 083
2.282
2.105
1.565
2.272
2.140
2.309
1.586
1.522
1.629
1.727
1.585
1.533
1.633
1.732
1.579
1. 552
1. 632
1.745
1.583
1. 532
1.630
1. 749
1. 593
1.542
1 1. 612
1.747
1.581
1.554
1.615
1.759
1. 607
1. 540
1. 614
1.770
1.612
1.545
1.624
1.566
1.769
1.783
'1.633
r
1.559
' 1. 627
' 1. 806
'
'
'
'
1.657
1. 584
1. 626
1. 804
1.664
1. 601
1.617
1.812
1.605
1.604
1.606
1.620
1.632
1.637
1.649
1.658
1.657
'1.669
'1.674
1.680
1.270
1.036
1. 356
1.503
1.267
1.027
1.361
1.481
1.267
1.029
1. 369
1.482
1.245
1.014
1. 361
1.477
1. 287
1.069
1.384
1.485
1.281
1.043
1.382
1.497
1.279
1.039
1.389
1.502
1.284
1.029
1.393
1.526
1.305
1.062
1.406
1.569
'1.318
' 1.069
' 1.410
1.583
' 1.317
' 1. 066
r
1. 404
1.571
1.316
1.061
1.404
1.543
.834
.917
1.075
.837
.918
1.069
.840
.925
1.074
.852
.626
1.074
. 852
.929
1.083
.855
.928
1.084
.856
.929
1.082
.858
.936
1.095
.863
.942
1.105
'.862
'.946
' 1. 108
'.868
'.950
' 1. 108
.869
.955
1.097
1.637
2.701
1.645
2.719
1.646
2.728
1.651
2. 751
1.654
2.758
1.659
2.758
1.664
2.770
1.680
2.774
1.690
2.797
1.706
2.808
1.755
2.849
1.793
2.885
1.794
.73
1.748
1.33
1.779
1.801
.86
1.807
1.29
1.830
1.809
.83
1.788
1.38
1.802
1.821
.87
1.835
1.41
1.851
493
517
458
534
422
544
430
510
416
495
450
539
454
550
454
565
357
820
337
860
2,313
1,074
1,046
27
343
896
350
908
352
896
2 297
1 088
l'o62
26
369
841
' 2. 003
' 1.719
' 1. 838
' 1. 834
v 1. 625
P 1. 705
P 1. 826
v 1 331
1 803
2 909
a
76
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil of dol
Commercial paper
do
Agricultural loans outstanding of agencies supervised by the Farm Credit Administration:
Total
mil. of dol
Farm mortgage loans total
do
Federal land banks
do
Land Bank Commissioner
do
Loans to cooperatives
do. _ _
Short-term credit
do.
Bank debits, total (141 centers)
New York City
Outside New York City, .
_.-do
do
-do
375
377
398
410
437
435
490
434
408
678
396
718
2,194
1,050
1,021
30
377
766
123, 059
48, 106
74, 953
114,113
45, 375
68, 738
125, 269
50, 180
75, 089
124, 664
52, 057
72, 607
121, 433
49, 535
71, 898
129, 870
54, 922
74, 948
131, 960
57, 052
74, 908
110, 578
43, 166
67, 412
123, 886
49, 278
74,608
49, 323
23, 904
598
22, 528
21, 992
49, 323
21, 336
19, 982
728
24, 423
48.1
48, 590
23, 270
133
22, 514
22, 115
48, 590
20, 746
19, 733
492
24, 371
49.0
49,213
23, 632
676
22, 363
22, 106
49,213
21, 175
19, 940
797
24, 332
48.6
49, 549
24, 152
952
22, 273
22, 103
49, 549
21,412
19, 778
591
24, 567
48.1
48, 939
23, 551
59
22, 906
22, 143
48, 939
20, 559
19, 381
-192
24, 826
48.8
50,252
24, 821
1,270
22, 853
22, 146
50, 252
21, 952
20, 323
495
24, 843
47.3
50,496
25, 216
1,318
23, 146
22, 147
50, 496
22, 056
20,411
835
25, 119
46.9
50 479
24, 747
477
23, 694
22, 147
50, 479
21,455
20, 066
"338
25, 215
47.5
2,129
1,020
985
35
360
749
399
697
420
660
2,110
1, 029
998
32
429
651
107, 504
41, 145
66, 359
123, 770
47, 971
75, 799
117, 231
44, 802
72, 428
129, 549
53, 500
76, 049
492
480
Federal Reserve banks, condition, end of month:
48, 941
48, 740
49, 046
49, 900
49, 116
Assets total
mil of dol
25, 009
23, 783
24, 427
24, 734
25, 058
Reserve bank credit outstanding, total-.. do
19
328
186
624
Discounts and advances . . _ , _ do
190
22, 729
23, 239
23, 801
23, 552
23, 734
United States Government securities-.-do
21, 166
21, 468
21,731
20, 775 . 21, 004
Gold certificate reserves
do
49, 046
49, 900
48, 941
49, 116
48, 740
Liabilities, total
do
21, 192
21, 004
20, 868
20, 945
21, 453
Deposits, total.. .
do
19, 670
20, 056
19, 391
19, 557
20, 077
Member-bank reserve balances _
do
389
634
569
490
Excess reserves (estimated)
do
497
25, 064
24, 405
24, 148
24, 261
24, 680
Federal Reserve notes in circulation
do
47.9
46.4
45. 6
46.5
46.4
Reserve ratio
nercent-l
' Revised.
* Preliminary.
See note "t" on p. S-13; comparable figure for December 1951, $1.609.
fRevised series. See note "t" on p. S-13.
*New series. Data beginning 1947 will be shown later.
0
Rate as of October 1, 1952.
§Rates as of October 1, 1952: Common labor, $1.817; skilled labor, $2.921.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
FINANCE—Continued
BANKING—Continued
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 dol. .
States and political subdivisions
do
United States Government .. .do.. Time, except interbank, total
do
Individuals, partnerships, and corporations
mil. of doL_
States and political subdivisions.. _ ..do Interbank (demand and time)
do
Investments, total
do
U. S. Government obligations, direct and
guaranteed, total
mil. of dol Bills..
._
do
Certificates
do
Bonds and guaranteed obligations
do
Notes
do
Other securities.
do
Loans, total
do
Commercial, industrial, and agricultural.- do
To brokers and dealers, in securities
do
Other loans for purchasing or carrying securities
mil. of doL.
Real-estate loans
_ .. .. . .
do
Loans of banks
do
Other loans
do
Money and interest rates :d"
Bank rates on business loans:
In 19 cities
percent
New York City
do
7 other northern and eastern cities
do
11 southern and western cities
do
Discount rate (N. Y. F. R. Bank)
do
Federal intermediate credit bank loans
do
Federal land bank loans
.__ .
do
Open market rates, New York City:
Acceptances, prime, bankers', 90 days., do ...
Commercial paper, prime, 4-6 months
do
Call loans, renewal (N. Y. S. E.)
do
Time loans, 90 days (N. Y. S. E.)
do
Yield on U. S. Govt. securities:
3-nionth bills _
do ...
3-5 year taxable issues
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol._
U.S. postal savings
.
do
50, 533
52, 124
53,040
53. 370
54, 328
52, 683
51, 162
52, 303
52, 863
51, 708
52, 766
' 52, 275
52,317
51, 696
3, 300
3,747
15, 676
53, 517
3, 465
2,543
15, 829
53, 964
3.466
2,241
15,792
55. 554
3. 582
2, 225
16,026
54, 798
3, 694
1, 644
16, 070
53, 646
3,599
2, 545
16, 205
51,729
3,710
3,666
16,318
52, 913
4,070
3,184
16, 383
53, 152
4,021
2,917
16, 509
52, 818
3,705
6, 914
16, 631
53, 189
3,698
4,793
16, 651
53, 253
3, 558
3,144
16, 706
53, 835
3, 515
3,561
16, 829
14, 795
734
11,345
37, 926
14, 958
719
11,948
38, 565
14,915
720
11,737
38, 772
15, 152
712
13, 519
39, 056
15, 176
728
11,834
39, 260
15, 275
761
11,481
38, 833
15, 385
764
12, 042
38,316
15, 444
767
10, 998
38, 563
15, 554
780
10, 895
38, 983
15, 689
763
11,990
41,019
15, 687
779
11,274
40, 800
15, 751
765
'r 11,965
39, 503
15,883
756
12, 261
39, 093
31,212
2,934
2,493
19, 142
6, 643
6.714
33, 482
20, 078
1,242
31,926
3, 748
3,010
19,212
5, 956
6, 639
34, 083
20, 571
1,077
32, 082
3,949
2,994
19, 185
5, 954
6,690
34, 488
20, 865
1,148
32, 224
4,129
3, 596
18,531
5, 968
6, 832
35, 161
21,419
1,340
32,419
4,319
3,698
18,456
5, 946
6, 841
34, 757
21, 160
969
31,892
3,855
3,798
18, 286
5, 953
6, 941
34, 693
21, 157
1,077
31, 163
3,415
3,611
18, 220
5,917
7,153
34, 795
21, 172
1,278
31, 456
3,624
3,684
18, 274
5,874
7,107
34, 770
20, 796
1,695
31,719
3,544
3,728
18, 524
5,923
7, 264
34, 863
20, 530
1,885
33, 582
3,734
3, 885
20, 016
5,947
7, 437
36, 472
20, 567
2,792
33, 267
3,313
3,700
20, 288
5,966
7,533
35,315
20, 581
1,988
'31,932
r
2, 582
' 3,211
«• r20, 149
5, 990
r
7,571
r
35. 685
'r 21, 017
1,461
31, 579
2,513
2, 617
20, 121
6, 328
7,514
36, 680
21, 671
1,416
692
5,605
414
5 915
684
5,653
627
5, 950
680
5,670
657
5, 949
687
5,658
564
6, 028
667
5, 669
822
6,011
660
5,652
691
5, 999
677
5, 657
540
6, 021
660
5,674
438
6,056
659
5, 690
463
6, 187
789
5,726
759
6,393
717
5, 764
386
6,436
1.75
2.73
4.17
1.75
2.73
4.17
3 45
3.23
3.47
3 79
1.75
2.73
4.17
1.75
2.73
4.17
1.75
2.73
4.17
3.51
3.27
3.46
3 90
1.75
2.73
4.17
1.75
2.72
4.17
1.75
2.71
4.17
3.49
3 29
3.44
3 84
1. 75
2.71
4.17
7
792
' 5,
824
r
614
r
6, 537
767
5,890
826
6,670
3.06
2 79
3.06
3 47
1.75
2.64
4.13
1.75
2.66
4.17
1.75
2.69
4.17
3.27
3.01
3.23
3.67
1.75
2.71
4.17
1.63
2.19
2.25
2.38
1.63
2.21
2.25
2.38
1.63
2.25
2.25
2.38
1.69
2.31
2.38
2.47
1.75
2.38
2.45
2.56
1.75
2.38
2.38
2.56
1.75
2.38
2.38
2.56
1.75
2.35
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.57
2.61
1.75
2.31
2.63
2.63
1.646
1.93
1.608
2.00
1.608
2.01
1.731
2.09
1.688
2.08
1. 574
2.07
1. 658
2.02
1.623
i 1.93
1.710
1.95
1.700
2.04
1.824
2.14
1.876
2.29
1. 786
2.28
11,915
2,738
11,941
2,724
12, 018
2,714
12, 175
2,705
12,208
2,695
12, 267
2,681
12,382
2,669
12, 438
2,651
12, 531
2,633
12, 730
12, 678
' 2, 617 P 2, 601
12, 786
v 2, 587
12, 896
» 2, 572
Total consumer credit, end of month... mil. of dol..
Instalment credit, total
do
Sale credit, total
..
.
do
Automobile dealers
do
Department stores and mail-order houses
mil. of dol__
Furniture stores
.. .
do_.
Household-appliarice stores
do
All other retail stores (incl. jewelry)
do
19, 362
13,167
7,327
4,175
19, 585
13, 196
7, 355
4,134
19, 989
13, 271
7,400
4,100
20, 644
13, 510
7, 546
4,039
20, 126
13,314
7,322
3,962
19,717
13,185
7,158
3,927
19, 565
13,156
7,047
3,891
19, 788
13, 319
7,099
3,946
20, 293
13, 806
7,421
4,171
20, 961
14, 409
7,820
4,446
21, 213
14, 745
8, 039
4, 597
P 21, 436
p 14, 940
* 8, 149
P 4, 634
v 21, 656
v 15, 188
p 8, 324
* 4, 699
1,028
870
600
654
1,056
890
607
668
1,099
908
608
685
1,186
971
613
737
1,129
933
592
706
1,082
909
567
673
1,060
893
548
655
1,064
894
541
654
1,101
924
551
674
1,132
954
588
700
1,142
974
612
714
P 1,166
P995
P625
P729
* 1,214
v 1,012
»647
' 752
Cash loans, total
do
Commercial banks .
_
do__
Credit unions
.
do
Industrial banks
do
Industrial-loan companies
do
Insured repair and modernization loans
mil. of dol. .
Small-loan companies
do
M iscellaneous lenders
_ do. .
5,840
2,524
533
296
221
5,841
2,522
535
299
222
5,871
2,509
535
299
225
5, 964
2,510
542
301
229
5,992
2, 521
541
300
230
6,027
2,542
545
301
232
6,109
2,593
553
303
235
6,220
2,642
568
307
239
6,385
2,726
589
319
246
6,589
2,838
614
330
254
r
6, 706
2,892
631
341
259
v 6, 791
p 2. 931
v 647
P346
P263
v 6, 864
v 2, 970
"662
P352
P264
894
1,203
169
904
1,191
168
922
1,211
170
938
1,268
176
951
1,273
176
956
1,275
176
963
1,285
177
983
1,302
179
1,004
1,320
181
1,024
1, 346
183
r
1, 032
1,366
185
P 1, 040
p 1,377
v 187
P 1, 049
P 1, 374
p 193
3,696
1,401
1,098
3,868
1,413
1,108
4,190
1,422
1,106
4,587
1,436
1,111
4, 253
1,445
1,114
3, 967
1,448
1,117
3,855
1,443
1,111
3,913
1,437
1,119
3,921
1,431
1,135
3,980
1,435
1,137
3,891
1, 443
1,134
' 3, 902 p 3, 839
P 1, 481
v 1, 458
P 1,136
P 1, 148
351
78
42
35
183
373
86
52
40
205
347
83
45
38
228
354
84
50
42
292
393
85
46
38
184
373
91
46
37
181
429
95
52
41
216
429
103
50
39
211
479
116
52
44
236
497
122
56
44
248
473
113
53
42
238
M18
P105
P 50
Ml
»211
P423
P 102
P 51
p40
»195
6,524
6,209
42
5,691
707
83
2,708
2,635
52
1,653
885
117
3, 951
3,521
47
2, 935
805
164
5, 576
5,279
44
4,599
823
111
5,153
4,953
44
3,944
826
339
6,194
5,553
43
5,258
805
88
10, 800
9,886
44
9,816
825
115
5,187
4,323
47
4,186
849
105
4,688
3,809
45
3,663
828
152
10, 220
9,796
45
9,147
845
183
3,649
3,316
48
2,464
949
188
4,585
4,050
47
3,546
862
130
6,875
6,585
52
5,834
877
112
5,627
1,057
397
3,070
1,103
5, 455
228
449
3,414
1,363
5, 105
142
396
3,155
1,412
5,704
689
404
3, 425
1,186
6,016
350
367
3,775
1,523
5,659
172
359
3, 791
1,337
6,742
320
401
3,884
2,137
5,018
183
362
2,971
1,502
6,070
559
353
4,008
1,150
CONSUMER CREDIT
Charge accounts
Single-payment loans
Service credit
.
do
do...
do_.
Consumer instalment loans made during the month,
by principal lending institutions:
Commercial banks
mil. of dol
Credit unions
do
Industrial banks
._ _. - - _ do ...
Industrial-loan companies
do
Small-loan companies
do_.
r
r
r
r
T
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts, net
Customs
...
Income and employment taxes
Miscellaneous internal revenue
All other receipts.
.
mil. of dol
do
. . .do _
do
do
- - ...do
5,178
5,483
5,163
Expenditures total
do
497
173
580
Interest on public debt
do
'417
478
428
Veterans Administration
.-do
3,166
3,015
National defense and related activities. _ -do
;
2, 628
r
1,403
1,512
All other expenditures
do
'
1, 527
r
l
Revised.
P Preliminary.
Beginning April 1, 1952, i icludes 13A percent n ote
cf For bond yields see p. S-19.
6,930
1,518
361
3,699
1,353 i
of Dece inber 15, 1 ;)55, and 2J- 2 percent t ond of Ma rch 15, 195(>-58.
SUKVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-17
1952
1951
September
October
November
December
January
February
March
April
May
June
July
258, 084
255, 794
219, 301
36, 493
2,290
258, 292
256, 102
219, 356
36, 746
2,191
259, 905
257, 739
220, 540
37, 198
2,167
259, 105
256, 863
219,124
37, 739
2,242
263, 073
260, 908
222, 963
37, 945
2,165
August
September
263, 186
261,060
222, 753
38, 307
2,125
262. 682
260, 577
222,216
38, 360
2,105
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE— Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of doL_ 257, 353
254, 958
Interest-bearing, total ._
do
Public issues
do
219, 321
Special issues
do
35, 637
Non interest bearing _ _
_
do
2,395
Obligations guaranteed by U. S. Government,
end of month
mil. of doL_
33
U. S. Savings bonds:
Amount outstanding, end of month
do
57, 662
Sales, series E, F, and G
do
272
Redemptions
do
390
Government corporations and credit agencies:
Assets, except interagcncy, total
mil. of dol
Loans receivable, total (less reserves)
do
To aid agriculture
do
To aid home owners. _ . _ _
do
To aid railroads
do
To aid other industries. ._ _ _
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities supplies and materials
do
U S Government securities
do
Other securities
do
Land, structures, and equipment
do
All other assets
do
258, 298
255, 940
220, 325
35,615
2,359
259, 604
257, 253
221,391
35, 862
2, 351
259. 419
257, 070
221, 168
35, 902
2,348
259, 775
257, 482
221 , 249
36, 233
2,294
260, 362
258,136
221, 776
36, 360
2,226
37
43
42
38
37
41
44
45
46
34
39
40
57, 666
334
410
57, 710
315
364
57, 739
296
401
57, 809
440
492
57, 821
338
410
57, 814
330
428
57, 772
313
437
57, 739
292
422
57, 807
364
431
57, 827
367
467
57, 868
356
399
57, 871
330
416
25, 668
13 906
26, 858
14 422
4, 239
2, 363
98
473
(i)
597
6, 096
731
1 515
2 236
3 47*>
3, 025
1,514
26, 744
14 422
4, 161
2 142
101
488
(i)
814
6,110
779
1 461
2 ?2f>
3 463
3, 35S
1,813
2 422
3 451
3, 406
1,835
27. 933
15 913
4 058
2,387
85
464
(i)
653
7 617
801
1 310
9 304
3' 438
3. 186
1 683
3, 896
1, 981
104
494
0)
755
6, 1 83
7°0
Liabilities, except interarency, total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities
do
2,383
2, 573
2,499
o 472
do
do
do
34
43
1,369
1,161
38
1,214
1, 247
44
1 228
1 POO
Privately owned interest
U. S. Government interest
do
do
329
23, 842
349
24, 010
357
25 104
Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
totald"
niil of dol
Industrial and commercial enterprises, including
national deicnsecf
mil of dol
Financial institutions.
do
Railroads
do
States, territories, and political subdivisions. do
Republic of the Philippines.
do _ _
Mortgages purchased
do
Other loans
_ _ _ . . _ do
1,399
949
322
22, 962
844
842
844
831
816
803
800
795
778
754
751
753
769
455
92
102
37
451
92
102
18
60
80
40
452
91
102
18
60
79
42
447
84
99
19
60
78
44
439
79
99
19
57
78
45
433
76
96
18
57
77
45
432
73
96
19
57
77
46
430
71
95
19
57
76
46
420
68
95
16
57
76
46
425
55
83
16
54
75
46
424
54
82
16
54
74
47
427
53
82
16
54
74
47
444
53
82
16
54
73
47
66, 777
59, 961
67, 181
60, 347
67, 476
60, 514
67, 983
60, 919
6.8, 554
61, 385
68, 907
61, 734
69, 250
62, 125
69, 604
62, 500
69, 959
62, 789
70 334
63 083
70, 774
63, 590
71, 123
63, 855
71 578
64 205
do
_ . _ _ . _ d o ...
58, 975
37, 652
12,326
10.050
10, 587
3, 065
11, 675
721
15, 518
1.319
14, 198
2, 175
r
1 379
1,531
59, 282
37, 776
12, 229
9,956
10, 647
3, 088
11,812
735
15, 676
1,330
14. 347
2, 182
1 401
1,511
59. 556
37, 759
12, 060
9,829
10. 703
3,111
11.885
851
15, 851
1.338
14. 512
2, 190
1 408
1,497
59, 999
37, 946
11,871
9, 657
10, 781
3, 134
12, 160
848
16, 027
1,350
14, 676
2, 193
1 426
1,559
60, 350
38. 056
11.767
9, 561
10, 814
3, 150
12, 326
924
16, 185
1, 357
14, 828
2, 199
1 432
1,554
60. 640
38, 187
11,706
9,514
1C, 846
3,164
12, 470
851
16, 336
1 375
14, 961
2, 206
1 445
1,615
60, 938
38. 385
11, 588
9, 436
10, 909
3.182
12, 706
785
16, 459
1,388
15, 071
2,217
1 464
1,628
61, 237
38, 587
11. 546
9,409
10, 961
3, 185
12, 895
773
16. 583
1, 406
15, 176
2.226
1 471
1,597
61, 547
38, 692
11,275
9,151
11,030
3. 196
13, 190
780
16, 719
1, 423
15, 296
2, 236
1 483
1,637
61 857
38, 780
11,096
8,989
11 066
3,238
13 380
847
16, 852
1, 439
15 413
2 246
1 498
1,633
62, 201
39, 079
11, 134
9.007
11, 109
3, 251
13, 585
750
16, 976
1.454
15, 521
2,254
1 510
1,634
62, 495
39, 184
11,131
9,025
11,184
3,253
13,615
758
17, 082
1, 463
15,619
2 262
1 ,520
1,688
62 808
39 310
11,127
9 044
11 212
3 281
13 690
820
17, 188
1 471
15 717
2 270
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value estimated total §
mil of dol
Group §
do
Industrial!
do
Ordinary, total _
. _ _ _ .do ...
New England
do
Middle Atlantic
do
East North Central
_ . _. ... do .__
West North Central
_
_ _ do . .
South Atlantic
do
East South Central .
do
West South Central
do
Mountain
do
Pacific
.- - -_ . do
1, 923
189
449
1, 285
81
284
284
118
155
54
116
47
145
2 256
226
481
1,549
104
347
336
132
195
75
132
54
174
2,398
398
453
1, 547
1C2
357
328
139
184
76
128
54
177
2,478
477
436
1.565
101
333
333
152
199
68
138
60
181
2 031
191
382
1,458
102
333
314
126
166
60
149
52
156
2, 179
244
454
1,481
99
329
333
129
179
61
140
53
160
2,495
246
530
1,719
113
384
363
144
207
72
178
69
190
2.571
339
497
1,735
115
406
367
142
209
69
168
63
197
2,803
582
537
1,684
111
388
349
147
205
67
161
64
191
2 589
'442
464
1,683
113
382
355
148
203
69
161
60
192
2,442
351
420
1,671
115
377
358
148
198
67
156
62
189
2 319
312
442
1, 565
99
334
336
141
190
64
154
61
187
338, 501
154, 506
33, 809
8,845
31,200
52, 947
57. 194
318, 461
145, 944
31, 584
8,229
29, 886
47 978
54. 840
18
60
80
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated total t
„
.. mil. of dol_ _
Securities and mortgages!
do
49 companies (Life Insurance Association of
America) total
mil. of dol
Bonds and stocks, book value, total _ do
Govt. (domestic and foreign), total
do
U. S. Government
do _
Public utility
do
Railroad
__
_
do .
Other
do
Cash
_
do. __
Mortgage loans, total
do
Farm
_
do __
Other
do
"Policy loans and prom in m nofos
Real-estate holdings
Other admitted assets
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries,
344, 261 336, 714
315. 371 364, 248
389, 502
329, 638 366, 424
estimated total
thous. of dol_. 288. 393
327, 648
339, 822
141, 621
155, 851
149. 388
122. 338
147, 059
136, 825
167. 995
148, 934
150, 656
148, 980
Death claim payments
.- do
37, 549
38, 984
41, 738
38. Ill
37, 479
35, 119
42, 448
46, 560
Matured endowments _ _ . . . . . do...
40, 377
35, 126
8,311
7,988
8,273
8,351
7.453
8,605
8,367
8,666
Disability payments
do
9,887
8 651
26, 483
38, 294
28. 819
29. 175
30, 826
29. 545
30, 560
27, 987
30, 671
Annuity payments
.
. _ ._. do_._
31, 177
46, 769
47, 712
52, 774
55, 895
57, 169
58, 473
42, 855
51, t65
50, 648
50 453
Surrender values
do
72, 489
54. 145
101.391
73. 992
58. 952
55, 142
50. 458
53. 980
Policy dividends
.
. do. _
50. 097
65. 435
' Revised.
i Less than $500,000.
cf Includes loans under the Defense Production Act of 1950.
% Revisions for January-July 1950 are shown in corresponding note in the October 1951 SURVEY.
§ Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group, January 1950-January 1951; industrial, 1949.
1 694
44fl
1
KQA
322, 636
146, 410
34, 400
8,253
28, 532
48, 768
56. 273
SUKVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
FINANCE—Continued
LIFE INSURANCE—Continued
Life Insurance Association of America:
Premium income (39 cos.), total.. -thous. of dol._
Accident and health
do
Annuities
_ _ -do
Group _. __ _ - _- _
do
Industrial
do
Ordinary
do
508, 393
48, 730
60, 247
r
37, 411
r
77
844
r
284, 161
519, 296
56, 990
61, 955
45, 518
72, 254
282, 579
526, 031
59, 737
73, 785
41, 151
60, 787
290, 571
743, 465
71, 169
148, 522
48, 449
115, 161
360, 164
549, 118
53, 541
90, 144
60, 164
63, 880
281,389
540, 742
58, 392
72, 425
47,211
66, 827
295, 887
647, 575
63, 831
84, 833
52, 941
87, 382
358, 588
520, 597
61, 474
65, 077
46, 677
62, 142
285, 227
583, 172
65, 448
65, 718
46, 683
85, 525
319, 798
617, 890
60, 836
71, 293
46, 790
88, 711
350, 260
550, 760
62, 430
86, 209
52, 221
56, 801
293, 099
560, 435
65, 307
67, 392
43, 687
79, 894
304, 155
594, 066
66, 237
69, 008
47, 491
85, 313
326, 017
22, 233
243, 381
26, 326
7,896
r
66 069
38, 646
13 243
6,330
22, 382
188, 370
9, 366
7,302
r
63,316
38, 214
13 033
5, 415
22, 695
289, 861
2,375
8, 800
r
62 388
37, 773
13 160
4, 850
22, 951
137, 452
13, 223
76, 864
62 527
38, 741
12 410
4, 962
23, 290
23, 190
152, 219 -103,092
17, 805
1,473
168, 129
158, 600
61, 024
38, 830
36, 602
12 343
12 765
4,848
4,647
23, 297
-75,357
1,313
97, 932
23, 296
27, 084
2,824
30, 060
23, 346
19, 266
3,445
40, 051
23, 350
-31,394
1,580
26, 047
23, 344
-32, 620
2,861
5,947
23. 342
—13, 776
1,244
34, 590
38, 557
12 710
4,961
40, 033
12 806
5, 147
38, 739
12, 475
5,461
13 112
6, 403
6,498
250
6,975
.881
88
6,284
.880
89
3, 656
. 880
157
6, 125
.880
513
6,177
.880
142
8,126
.880
587
4,678
.880
1, 535
4, 680
.854
215
5, 038
.828
236
5, 733
.829
216
4.877
.833
382
4,499
.833
1 983
4 493
3,079
1,977
3 414
3,134
1 968
5 547
3, 219
1 788
3 338
3, 766
2,016
2 605
3,430
2,081
5 318
3,854
2, 529
4 768
4,043
2,246
3 199
3,273
1, 764
3 976
3,292
1,770
3 858
3,307
2,272
3,235
28,417
189, 200
2 100
5, 500
181, 600
95, 000
60, 900
25, 700
28, 809
190,500
2, 100
5, 600
182, 700
96, 300
60, 600
25, 800
29, 206
193, 404
2 279
5, 141
185, 984
98, 234
61,447
26, 303
28 386
191,600
2. 100
4, 300
185, 200
97, 900
61,700
25, 600
28, 465
191,500
2. 200
5 900
183, 400
95, 700
62, 000
25, 600
28, 473
192, 300
2, 200
7, 100
182, 900
94, 800
62, 400
25, 700
28, 464
192, 200
2,200
6, 300
183, 800
95, 100
62, 700
25, 900
28, 767
192, 900
2, 300
6, 300
184. 400
95, 300
63, 000
26, 000
30 4
20.9
31 4
22 0
37.9
22.6
30 J
20.6
32.5
21.4
34 0
22.0
34.4
21.1
34.3
21.3
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S
mil. of dol
22, 013
Net release from earmark §
thous. of dol__ 176, 654
Exports
do
3 462
14,341
Imports
do
63 252
Production, reported monthly total
do
Africa
do
37, 819
Canada
do
12 564
United States
do
6 100
Silver:
678
Exports
do
4, 807
Imports _
do _
Price at New York
_dol. per fine oz_.
.902
Production:
1 896
Canada
thous of fine oz
6 562
M^exico
do
2, 585
United States
do
Money supply:
28, 288
Currency in circulation
mil. of dol
Deposits and currency, total
do
187, 300
Foreign banks deposits, net
do
2 200
U. S. Government balances
.
. do. 7,200
Deposits (adjusted) and currency, total__.do
177, 900
Demand deposits, adjusted
do_
92, 000
Time deposits
do
60, 500
Currency outside banks
do
25, 400
Turn-over of demand deposits except interbank and
U. S. Government, annual rate:
31 7
New York Citv
ratio of debits to deposits
21.8
Other leading cities
do
29, 026
28, 978
r 194, 960 v 197, 200
r
p
2, 600
2,
319
r
7. 737
v 8, 900
*• 184, 904 v 185, 800
r 94, 754 P 95, 700
* 63, 676 P 63, 800
r
26, 474 P 26, 200
38 6
22.2
29, 293
29, 419
*> 197, 000 P 197. 900
P 2, 600
P 2. 500
P 8. 200
P 8,000
P 186, 200 P 187,400
P 95, 800 P 96, 400
P 64, 100 P 64, 500
P 26, 300 P 26, 600
35 1
20.7
31.4
20.2
34. 6
21.5
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve):!
Profits after taxes, total (200 corps ) mi] of dol
Durable goods total (106 corps )
do
Primary metals and products (39 corps.) do
Machinerv (27 corps )
do
Automobiles and equipment (15 corps ) do
Nondurable goods total (94 corps )
do
Food and kindred products (28 corps ) do
Chemicalsand allied products (26corp^ ) do
Petroleum refining (14 corps )
do
Dividends total (200 corps )
do
Durable goods (106 corps )
do
Nondurable goods (94 corps )
do
Electric utilities, profits after taxes (Fed. Res.)t
mil of dol
Railways and telephone cos. (see p. S-23).
762
428
176
73
142
334
46
111
127
932
565
217
123
185
368
52
125
148
815
501
220
81
170
314
40
108
129
622
337
29
82
189
285
42
105
111
475
273
203
567
325
242
482
273
210
476
269
9Q5
168
226
257
214
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
mil. of dol
New capital, totaL-do
Domestic, total
-do
Corporate
do
Federal agencies
do
Municipal, State, etc
- - - -do
Foreign
do
Refunding, total
do
Domestic, total
__ ... -do, _.
Corporate
- .-do. _
Federal agencies
do
Municipal State etc
do
Securities and Exchange Commission:!
Estimated gross proceeds, total
do
By type of security:
Bonds and notes, total
do
Corporate
_ - ...do. __
Common stock
do
Preferred stock _
do...
By type of issuer:
Corporate, total
do_ .
Manufacturing
_
. lo.
Puhlic utility
lo
Railroad
lo_
Communication
do
Real estate and financial
do__
Noncorporate total
lo
U. S. Government
do
State and municipal
do
r
i '881
«• 731
M27
40
265
50
194
194
20
170
A.
1,288
966
937
463
107
368
29
322
322
16
288
18
976
836
815
517
0
297
22
140
140
47
89
4
1, 093
883
838
5G2
()
276
45
211
205
83
102
19
1, 232
930
929
541
39
349
1
302
302
10
71
221
855
697
667
346
36
285
30
158
158
74
76
8
1,220
1,139
994
812
38
144
145
81
81
13
63
4
1, 576
1, 273
1,237
704
80
452
36
303
299
40
257
2
1,584
i 1, 278
1, 109
677
56
376
119
306
306
151
144
11
1,409
1, 251
1,239
587
38
615
11
158
155
3
141
11
1,519
1,393
1,381
1,137
20
224
12
126
126
50
74
2
810
461
461
202
56
203
0
349
349
153
188
7
962
808
800
363
0
437
9
154
154
72
79
2
1,619
1,789
1,638
1, 780
2,194
1,698
1, 649
2,336
2,494
2,452
6,325
1,096
1,339
1, 554
324
31
35
1, 555
422
106
127
1, 368
403
105
166
1, 545
636
132
104
2, 063
474
48
83
1,534
314
154
10
1,425
748
161
63
2,139
771
135
61
2,248
870
163
82
2, 255
652
112
84
6, 135
1,010
157
33
1,017
273
50
29
1,257
381
45
37
390
160
128
30
8
15
1,230
765
269
655
314
201
18
16
63
1, 134
651
397
673
220
267
76
37
15
965
655
302
871
487
260
23
26
24
909
601
296
605
354
186
17
2
15
1,589
1, 024
565
478
291
112
29
3
13
1, 220
967
222
972
373
400
12
6
20
677
515
145
967
353
271
34
48
57
1,368
722
397
1,116
570
281
120
26
40
1,378
928
396
848
291
355
52
29
70
1, 603
978
624
1,200
333
222
46
494
64
5,125
4,898
226
352
98
104
95
20
11
745
544
201
463
187
171
12
19
26
876
444
428
r 1, 075
l
Revised.
P Preliminary.
Includes International Bank securities not shown separately.
§0r increase in earmarked gold (—).
tRevisions for 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 for SEC data will be shown later.
SURVEY OF CUKKENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-19
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
FINANCE—Continued
SECURITIES ISSUED—Continued
Securities and Exchange Commission:}:— Continued
New corporate security issues:
Estimated net proceeds, total
mil. of dol_.
Proposed uses of proceeds:
New money, total
_
do
Plant and equipment
__do_ _
Working capital
do
Retirement of debt and stock, total.- do
Funded debt
do
Other debt
do
Preferred stock
__do
Other purposes
do
Proposed uses by major groups:
Manufacturing, total
__ -_ do
New money
do
Retirement of debt and stock
do
Public utility, total
do_ _
New money
do
Retirement of debt and stock
do
Railroad total
do
New money
do
Retirement of debt and stock
do
Communication, total
_ _ do
N e w money
_ __
_ _ _ _ _ _ _ _ do __
Retirement of debt and stock
do
Real estate and financial, total ._
do _
New money
do
Retirement of debt and stock . do
State and municipal issues (Bond Buyer):
Long-term
thous. of dol
Short-term _ _ _ _ _
do
381
639
660
856
595
469
954
951
1,097
836
1,182
344
456
343
286
58
33
18
15
0
5
548
404
144
65
10
53
2
26
570
488
83
72
42
29
1
18
771
682
90
55
42
11
2
29
559
487
72
23
8
15
0
13
413
278
134
49
35
13
1
7
875
655
221
60
15
45
0)
19
844
613
232
83
9
70
3
24
925
735
189
163
126
38
0
9
747
553
194
84
38
46
0
5
1,131
971
161
44
32
12
0
7
218
166
53
117
107
4
5
9
386
288
98
63
45
14
3
7
156
142
14
127
124
3
30
30
0
8
8
0
14
11
3
306
263
41
197
178
18
18
16
2
15
15
0)
62
48
2
214
180
30
262
251
11
76
61
15
37
37
C)
14
11
1
480
428
34
255
240
15
22
22
0
25
24
1
23
18
3
349
331
11
184
177
7
17
17
0
2
2
366
336
20
393
365
28
12
12
0
6
1 6
20
15
2
350
329
15
265
256
7
34
34
0
47
45
3
56
55
0
559
502
56
276
256
20
119
41
78
26
26
0
40
34
5
287
255
31
349
331
17
51
16
35
29
29
0
70
68
0
327
307
19
216
214
1
46
46
0
491
491
0
62
37
23
95
64
24
102
99
3
94
10
85
19
19
0
10
6
3
185
131
53
168
165
0
12
12
0
18
18
14
11
1
285
238
43
110
107
3
29
29
0
3
3
0
13
12
0)
249, 434
36, 315
381, 580
191, 104
299, 109
210, 915
265, 503
215, 196
574, 694
93, 863
303, 614
156, 037
150, 618
200, 194
456, 005
172, 674
406, 484
232, 726
637, 232
120, 022
245, 344
266, 630
249
308
220
340
286
454
242
380
248
338
220
304
191
286
219
364
198
286
229
378
233
461
233
349
210
250
1,290
843
640
1,291
853
653
1,279
805
649
378
1,292
816
695
1,289
809
633
1,280
790
652
1,293
756
734
1,315
756
818
1,312
725
847
365
1,327
708
912
1,387
692
1, 126
1,338
675
926
1,333
692
891
0)
C)
0)
25
16
8
»• 211, 533
428, 082
' 232, 288 48, 555
COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat
mil. of bu_.
do
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
Monev borrowed
mil of dol
-do
_ do _ _
do
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
98.61
98.43
98.14
98.87
98.82
97.83
98.26
97.46
98.01
98.29
97.82
97.43
98.72
total§
dollars __
99.10
99. 31
98.88
99.36
98.30
98.75
98. 57
97.87
98.49
98.30
97.92
98.78
99.22
Domestic
do
73.69
75.52
73.75
76.12
76.11
73.39
73.70
73.07
73.48
72.65
72.44
73.00
72.93
Foreign
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al+issues):
r
116. 1
116.0
116.2
116.3
115.9
116.5
115.8
115.7
115.6
115.3
114.8
116.9
118.0
Composite (17 bonds)
dol. per $100 bond._
130.9
130.4
131.9
128.6
132.7
'131.4
126.6
132.1
130.8
130.9
131.6
131.3
132.0
Domestic municipal (15 bonds)
do
98.32
98.40
2
97.
95
98.91
97.
09
96.86
96.77
96.87
96.27
97.52
96.85
98.22
99.10
IT S Treasury bonds, taxable
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
r
51, 585
52, 964
56, 237
59, 014
61, 104
100, 320
51,332
51,113
63, 229
58, 376
47, 052
66, 533
54, 075
Market value
thous. of dol._
r
62, 057
61, 325
58, 329 r 101, 867
71, 124
72, 093
59, 745
61, 626
75, 892
71, 347
56, 942
79, 818
62, 621
Face value
do
New York Stock Exchange:
51, 432
50, 210
54, 113
57, 456
59, 632
98, 416
49, 298
49, 640
60, 802
45, 275
56, 026
64, 609
52, 560
IVIarket value
do
59, 968
56, 686
58, 855
67, 299
69, 663
99, 742
58, 610
57, 821
72, 524
67, 670
53, 328
75, 600
60, 534
Face value
do
New York Stock Exchange, exclusive of stopped
62,
055
62,
242
61,
127
61,
624
59,
323
59,
136
49,
109
58,
123
66,
971
60,
525
48, 559
67, 291
56, 211
sales face value, total§
thous. of dol
0
0
0
0
0
0
0
30
68
3
0
10
0
TJ. S. Government
do
62,
242
61,
127
62,
055
61,
624
59,
323
59,
136
49,
109
58,
093
66,
903
60,
522
48,
559
67,
281
56,
211
Other than U. S. Government, total §
do
55, 573
55, 580
52, 793
53, 624
53, 321
55, 621
42, 912
52, 190
59, 389
54, 325
41, 895
58, 350
49, 960
Domestic
-- do__ _
6,544
6,410
6,269
7,395
5,918
5,933
6,174
5,858
6,079
7,390
6,613
8,867
6,192
Foreign
do
Value, issues listed on N. Y. S. E.:
100, 273
95, 964
99, 712
100, 537
97, 355
97, 311
96, 699
96, 158
96, 269
95, 634
97, 151
97, 511
97, 925
Market value, total, all issues§
mil. of dol._
94, 238
98, 401
97, 838
98, 656
95, 625
95, 583
94, 431
94, 978
94, 537
93, 920
95, 427
95, 876
96, 290
Domestic
__ do _ _
1,439
1,343
1,448
1,447
1,347
1,345
1,344
1,338
1,349
1, 339
1,332
1,345
1,347
Foreign
do
97,315
101, 871
102,315
102, 444
98,415
98, 466
98, 474
98, 292
98, 221
98, 158
99, 318
99, 206
99, 197
Face value, total, all issues §
__
do
99, 516
95, 092
99, 963
100, 091
96, 249
96, 239
96, 183
95, 985
96, 060
95, 920
97, 075
97, 063
97, 050
Domestic
do __
1,905
1,902
1,902
1,823
1,827
1,825
1,831
1,832
1,839
1,836
1,843
1,843
1,847
Foreign
do
Yields:
3.19
3.17
3.18
3.17
3.16
3.16
3.19
3.18
3.24
3.25
3.20
3.13
3.08
Domestic corporate (Moody's)
percent. _
By ratings:
2.94
2.95
2.95
2.94
2.93
2.93
2.93
2.96
2.98
3.01
2.96
2.89
2.84
Aaa
do
3.04
3.06
3.07
3.03
3.01
3.00
3.03
3.05
3.01
3.06
3.02
2.93
2. 88
Aa
_ do__ _
3.22
3.19
3.20
3.21
3.20
3.20
3.25
3.24
3.32
3.31
3.26
3.18
3.15
A
do
3.52
3.50
3.50
3.51
3.49
3.50
3.51
3.53
3.59
3.61
3.56
3.50
3.46
Baa
_ -_ do
By groups:
3.02
2.99
2.98
3.00
2.97
2.97
2.99
2.97
3.00
3.00
2.97
2.89
2.93
Industrial
- do
3.20
3.20
3.20
3.20
3.19
3.19
3.19
3.21
3.23
3.24
3.21
3.14
3.09
Public utility
do
3.36
3.34
3.33
3.32
3.32
3.31
3.38
3.36
3.48
3.50
3.42
3.27
3.31
Railroad
do
Domestic municipal:
2.34
2.15
2.28
2.15
2.03
2.10
2.05
2.07
2.08
2.11
2.07
2.05
2.04
Bond Buyer (20 bonds)
do
2.33
2.22
2.10
2.12
2.05
2.01
2.04
2.07
2.10
2.10
2.07
2.08
2.05
Standard and Poor's Corp. (15 bonds) _ _ _ d o
2.71
2.61
2.61
2.70
22.64
2.57
2.71
2.70
2.74
2.70
2.66
2.56
2.61
U S Treasury bonds, taxable
do
r
2
Revised.
i Less than $500,000.
Beginni ng April 1 1952, serie s based on taxable b<mds due or callable i n 12 years and over; ]arior therel o, 15 years and over.
JRevisions for January-March 1951 will be shown later.
> * * * i *.•
t
§Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of
all listed bonds.
SURVEY OF CUEEENT BUSINESS
S-20
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments publicly reported :J
Total dividend payments
mil. of doL_
Finance __
_
__do
Manufacturing
do
Mining
__ _ do
Public utilities:
Communications _
.do _.
Heat, light, and power
do
Railroad
do
Trade
do
Miscellaneous
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody 's):
Dividends per share, annual rate (200 stocks)
dollars. _
Industrial (125 stocks)
do
Public utilitv (24 stocks)
.do
Railroad (25 stocks)
_ _
do__
Bank (15 stocks)
do
Insurance (10 stocks)
._
. __ do
181.4
42.3
64.4
2.3
1, 202. 1
75.9
813. 5
97.6
533.5
93.0
195.2
8.2
233.5
44.8
117.7
3.4
1, 176. 4
79.8
754.0
97.6
541.7
127.0
198.5
83.4
53.2
17.8
56.8
12.8
.7
46.3
7.1
15.0
3.3
25.5
74.2
51.6
39.8
24.0
89.8
57.6
24.1
53.9
11.7
.8
4.5
42.4
76.2
55.8
45.6
25.0
88.9
55.9
12.4
38.7
13.5
3.88
4.13
1.90
2.55
2.64
2.84
3.92
4.18
1.90
2.55
2.64
2.84
3.92
4 18
1.89
2.64
2 64
2.84
3.92
4 19
1.91
2.65
2 60
2.84
3.94
4.21
1.91
2.65
2.60
2.84
3.95
4.22
1.91
2.67
2.63
2.84
3.96
4.22
1.91
2.69
2.64
2.88
67.80
71.48
33.26
39. 97
69.94
74.24
33.85
40.00
70.90
75.09
34.42
42.26
68.39
72.00
34 41
41.59
71.35
75.63
34 73
45 28
68.29
71.73
33.97
43.80
69.96
73.59
34. 57
45.49
5.78
5.86
5.71
6.45
4.64
3.47
5.55
5.56
5.61
6.38
4.45
3.47
5.53
5.57
5.52
6.03
4.41
3.38
5.73
5 81
5 49
6.35
4 50
3.41
5.49
5 54
5 50
5.85
4 41
3.37
5.77
5.87
5.62
6.05
4.58
3.41
5.65
5.73
5.53
5.87
4.57
3.30
1, 148. 4
81.1
761.2
92.2
533.9
104.5
213.4
7.3
243.3
53.4
113.7
1.7
1, 819. 6
212.6
1, 134. 4
152.1
505.7
107.4
169.6
4.7
40.0
66.0
35.9
50.4
21.6
82.3
56.2
13.0
42.0
15.2
.7
49.4
10.9
8.2
5.3
41.7
80.9
69.6
80.9
47.4
4.12
4.47
1.90
2.55
2.63
2.73
4.09
4.43
1.90
2.55
2.63
2.73
3.92
4.19
1.90
2.58
2.63
2.73
69.73
74.09
32.87
41. 57
67. 97
72.07
32.94
39.79
5.91
Yield (200 stocks)
_
._ percent
Industrial (125 stocks)
do
6.03
Public utility (24 stocks)
do _
5.78
6.13
Railroad (25 stocks)
_ _ . do _ _
Bank (15 stocks)
do
4.70
3.28
Insurance (10 stocks) _ _
_
___ do _
Earnings per share (at annual rate), quarterly:
6.36
Industrial (125 stocks)
dollars
2 44
Public utility (24 stocks)
do
4.71
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 11 high-grade
(Standard and Poor's Corp.)
percent- 4.16
Prices:
98.11
Dow-Jones & Co., Inc. (65 stocks) _dol. per share-Industrial (30 stocks)
- --- - do_
273. 36
45.40
Public utility (15 stocks)
do
83.91
Railroad (20 stocks)
___
- - do-_
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
187.3
Combined index (480 stocks) _ . _ 1935-39= TOO- _
Industrial, total (420 stocks)
do __
205.2
197. 1
Capital goods (129 stocks)
do
172.9
Consumers' goods (195 stocks)-do __
Public utility (40 stocks)
___do___
115.8
152.8
Railroad (20 stocks)
do
108.0
Banks, N. Y. C. (16 stocks)
do
Fire and marine insurance (17 stocks)
do
199.0
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
1, 707
Market value
mil. of dol
Shares sold •
thousands
66, 385
On New York Stock Exchange:
1,445
Market value
mil. of dol _
48, 204
Shares sold
thousands
Exclusive of odd lot and stopped sales
36, 395
(N.Y. Times)
thousands..
Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of del-- 108, 911
2,581
Number of shares listed
millions
6.02
6.15
5.77
6.41
4.77
3.44
Price per share, end of month (200 stocks). .do
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
8.09
2 44
12.94
48.6
3.3
10.4
6 68
2 47
5 61
230.8
50.3
106.1
3.3
1, 158. 3
77.7
754 9
95.0
.8
4.4
42.0
75 7
42.4
47 1
23 5
3.96
4.22
1.91
2.69
2.64
2.88
3.96
4 22
1.92
2.71
2 64
2.87
3.95
4 20
1 92
2 81
2 68
2 87
72.61
77.01
34.65
47.68
73.47
78.01
35 09
47.97
72.57
76 52
36 15
47 70
71.09
74 58
36 34
46 57
5.45
5.48
5.51
5.64
4.56
3.18
5.39
5 41
5.44
5.61
4.52
3.21
5 46
5 51
5 31
5 68
4 39
3.15
4.28
4.26
4.22
4.16
4.07
4.04
4.04
4.09
4.12
4.12
96.73
266. 09
46.72
82.30
99.39
271. 71
48.61
84.81
98.31
265. 19
48 87
85.05
100. 02
264. 48
49 80
89.55
100. 24
262. 55
49.13
92.19
100. 87
261. 61
49.29
94.61
104. 26
268. 39
49.81
100. 30
106. 25
276. 04
49 86
101. 85
107. 10
276 70
50 75
102 95
105.29
272 40
50 30
100 43
185.0
202.3
193.3
171.4
115.2
154.7
106.4
191.0
177.7
193.3
182.6
164.6
114.7
144.2
109.0
186.3
182.5
199.1
189.4
167.6
115.5
150. 5
110.2
192.0
183.2
199. 2
184 7
165 9
117.5
155 0
114.5
196 9
«• 185. 3
201.4
184 4
167 2
117.7
161 3
113.3
199 6
r
183. 7
199.4
180 7
166.3
116.7
164 6
110.9
198.4
183.7
199.2
181.7
166.1
117.1
166.9
111.1
203.7
187.6
203.9
186.9
168.8
116.2
173.7
111.6
211.7
192.1
209.7
192 7
173 5
116.9
175 2
112.8
215 4
191.1
207 8
191 4
174 8
118 6
175 3
114.7
215 4
188.2
204 2
187 6
172 8
118 5
171 1
117 6
214 5
2,045
85 294
1,413
65 122
1,501
63 170
1,922
71 188
1 598
62 651
1 451
64 450
1,647
66 676
1,262
59 431
r
1, 285
r 56 845
1 317
61 433
1 154
41 576
1 198
48 989
1,714
60, 208
1,196
47, 449
1,279
44, 886
1,618
49, 431
1,351
42 296
1,219
43 464
1,373
41, 601
1,077
43 060
1,098
42 325
1,122
45 916
29 433
978
1 012
35 165
r
186. 9
204.3
192.4
169.2
117.0
155.4
115.4
197.6
r
r
42, 531
25, 677
30, 083
37, 141
27,195
29, 513
28, 963
23, 586
25, 516
24, 115
20, 905
24 135
106, 439
2,592
106, 309
2,604
109, 484
2,616
111, 580
2 627
108, 471
2 634
113, 099
2 644
107, 848
2 661
110, 690
2 691
114, 489
2 706
115, 825
2 728
114, 506
2 736
112, 633
2 769
5,047
3,849
459
739
5,520
4,130
5 310
4,167
422
721
5,244
4,093
457
694
3,671
2,677
90
904
3,593
2 645
111
837
3,870
2 968
89
813
3,836
2 841
99
896
670
720
do
+1, 376
+1,927
+1,440
+1, 408
do
do
- do
-1,218
-90
-1, 128
-1,204
-114
-1,090
-916
— 1,318
—97
—1, 221
-37
-10
-27
-502
—422
-375
-80
—235
— 140
-693
—485
—208
—2
+404
+173
+489
do
Increase (— ) or decrease (+) in U. S. gold stock
mil. of dol.
-292
Errors and omissions
+173
do
-709
+84
—96
—820
—551
-104
+229
+218
r
Revised.
*> Preliminary.
^Revisions for dividend payments for January-March 1951 will be shown later.
§Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
56
63
28
03
23
18
4.23
Balance on goods and services
Foreign long- and short-term capital (net)
5
5
5
6
4
3
94.44
259. 61
46.22
79.73
do _ _
do
do
do
TJ. S. long- and short-term capital (net), total, do _ _
Private
do
Government
- do_ _
10.4
4.19
Imports of goods and services, total. _
Merchandise adjusted
Income on foreign investments in U. S
Other services
Unilateral transfers (net) , total
Private
Government
__ -
6.4
97.82
269. 73
46.04
84.25
BALANCE OF PAYMENTS (QUARTERLY)
-mil. of dol
_. - _ _ d o
do_ __
do
49.1
6.50
2 49
5 75
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
Exports of goods and services, total
Merchandise, adjusted. _
Income on investments abroad _
Other services
6.8
SUEVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-21
1952
1951
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
Septem-
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:
Quantity
Value
Unit value
_ ._
Imports for consumption:
Quantity
Value
-Unit value
Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
Adjusted
Total, excluding cotton:
Unadjusted
Adjusted
Imports for consumption:
Unadjusted
_
Adjusted
1936-38 = 100
do
.do
249
501
202
232
469
202
279
565
203
281
586
208
247
509
206
262
542
207
279
578
207
262
544
208
287
595
208
231
473
205
199
411
206
214
435
203
do
-- do _
do
118
364
307
141
425
301
135
403
298
131
390
299
149
446
300
147
440
298
157
474
302
154
456
296
142
411
290
145
418
289
143
407
284
140
398
283
106
86
117
81
136
103
148
116
129
123
125
151
121
143
95
120
104
129
81
110
56
75
65
73
157
125
149
113
158
138
157
141
157
163
164
207
178
213
139
169
159
181
121
148
102
130
112
112
91
95
102
103
102
108
93
92
121
116
120
118
122
110
118
112
104
106
107
116
101
113
108
117
10 931
6,673
10 605
7,873
9,400
6,899
8,309
6,322
8,473
7,705
7 346
6,894
8,207
7,338
8,211
7,673
9, 463
8, 061
8,450
8,083
6,946
7, 542
1924-29 = 100._
do
do
do__
do
do
Shipping Weight
Water-borne trade:
Exports incl reexports 1
General imports
thous of long tons
do
r
r
Value
Exports including" reexports, total H
mil. ofdol
By geographic regions:
Africa
thous. of dol
Asia and Oceania
do
Europe
_ _ __
do _ _
Northern North America
do
Southern North America
_
do
South America
do
Total exports by leading countries:
Africa:
Egypt
-- -- do
Union of South Africa
do
Asia and Oceania:
Australia, including New Guinea
__ do__
British Malaya
do
ChinaO
do__
India and Pakistan
do
Japan
- do _
Indonesia
do
Republic of the Philippines
_ _ do_
Europe:
France
- - --do _ .
Germany
do
Italy
- -- - - -do _
Union of Soviet Socialist Republics
do
United Kingdom
- -do North and South America:
Canada
do _
Latin- American Republics, total
do _ _
Argentina
do
Brazil
_ do_
Chile
do
Colombia
__ _ _ -do _
Cuba
do
Mexico
- -- do
Venezuela
do
Exports of U. S. merchandise, totalf _ mil.
By economic classes:
Crude materials
thous.
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures 9 ~ -Finished manufactures 9
By principal commodities:
Agricultural products, total _ _ _ _
Cotton unmanufactured
Fruits vegetables and preparations
Grains and preparations
Packing-house products
Tobacco and manufactures*
_
of doL
Petroleum and products
Textiles and manufactures
1,152
1, 387
1,438
1,252
1, 335
1.421
1,337
1.466
1,164
1,015
34, 204
182, 733
346, 768
214, 669
131, 270
133, 844
46, 390
271, 537
377, 369
208, 175
155, 995
187, 113
51, 379
294, 444
439, 696
180, 642
155, 186
205, 633
48, 346
223, 430
386, 044
192, 422
136, 435
152, 748
55, 557
258, 238
340, 248
203, 736
151, 888
188. 542
71, 799
238, 846
373, 171
227, 215
159, 127
200, 362
58, 616
220, 724
272, 795
242, 089
147, 395
175, 944
50, 757
227, 161
313, 810
264, 760
157, 216
174, 466
44, 050
185, 467
250, 342
249, 278
137, 015
139, 958
34, 408
145, 877
173. 967
210, 072
138, 970
131. 629
41,419
150 310
198, 278
219 462
124, 740
135 988
10, 624
25, 459
7,534
13, 859
5,609
18, 897
4,033
21, 503
7,718
22, 166
5,757
17, 524
7,521
29, C70
10, 320
20, 825
5,015
19, 522
4,419
17, 738
3,564
13, 175
5,563
14 291
13, 936
4.887
0
36 971
39, 456
16 222
35, 812
14, 304
3,648
0
41 422
41, 128
7, 177
27, 044
24, 673
5, 139
19,363
3,884
0
69 625
44, 693
10 343
23, 045
17, 352
4 002
0
78 827
51. 988
11 800
25, 543
20, 973
3,792
0
66. 817
51, 065
12, 455
25, 275
17, 362
3,215
0
47, 376
64, 035
9,971
21, 225
14, 430
3,240
0
37, 951
78, 114
10, 046
21, 404
11, 583
1,714
0
29, 040
56, Oil
9,267
25, 780
10. 128
3,129
0
18, 205
34, 138
12, 756
23, 020
7 922
2 171
78 027
58, 166
12 412
32, 579
26, 026
5,047
0
82, 097
55, 251
12. 606
41. 028
14
42
10
22
32, 295
49, 220
20, 711
(i)
97, 170
33, 193
44, 727
24, 825
(i)
99, 809
40, 812
47, 482
34, 722
0
96, 012
48, 341
55, 299
44, 122
5
103, 044
41, 079
63, 151
41, 611
5
78, 569
29, 283
47, 137
41, 971
2
75, 810
43, 142
40, 801
48, 362
2
87, 006
34. 349
22, 132
37, 398
2
57, 632
36, 328
31, 191
48, 893
(i)
54, 608
27, 977
27, 715
49, 496
3
41, 522
16, 917
20, 148
19, 267
(i)
32, 695
18 991
36 327
17 192
(i)
33 716
200, 197
298, 028
19, 723
74, 292
11, 625
17, 145
38 829
59, 538
32, 524
214, 623
252, 864
13, 904
51, 822
7,647
13, 191
39, 912
62, 726
27, 636
208, 174
327, 355
21, 558
71, 073
12 641
18, 949
48, 993
62, 891
40 122
180, 641
342, 788
18, 878
81, 924
19, 346
20, 256
44, 168
63, 502
39, 235
192, 422
274, 314
14, 750
57, 904
10. 460
15, 722
39, 866
55, 840
33, 666
203, 736
323, 981
14, 143
75, 328
12 094
20, 957
49, 427
56, 992
43 400
227, 196
343, 583
15, 138
74, 784
15, 125
20, 843
48, 697
65, 611
47, 156
242, 081
306, 026
13, 211
65, 575
11, 083
18, 349
44, 035
58, 987
44, 977
264, 698
314, 096
13, 398
57, 825
12, 218
21, 231
43, 821
65, 843
44, 537
249. 028
259, 504
9, 156
43, 231
8,287
17, 904
40, 983
56, 103
42, 148
210. 009
253, 782
7, 730
40, 082
8, 171
18, 172
45, 014
52, 435
38, 451
1, 145
1,377
1,428
1,240
1,322
1,408
1,327
1,451
1,152
1,003
1,222
r
0)
1, 072
o
219
246
16
35
8
20
36
49
35
r
646
515
762
317
391
061
561
359
054
582
946
291
387
1 061
of dol
do
do
do
do
207 568
106, 397
65, 570
145, 234
696, 890
272 782
98, 249
61, 709
127, 285
584, 538
299 513
109, 339
73, 422
148, 106
746, 421
336 272
109, 195
69, 724
161, 459
751, 674
255 504
128, 094
60, 466
137, 139
658, 692
228 038
130,213
74, 109
139, 260
750, 303
188 038
176, 398
64, 346
160, 116
819, 341
157, 558
137, 995
56, 354
161, 789
813, 072
157, 579
151, 944
68, 541
153, 893
919, 525
142, 627
102, 165
58, 618
129, 620
719, 150
87 049
72, 353
59, 376
108, 167
675, 614
114 755
79 566
48 961
115, 362
70 i 977
do
do
do
do _
do
do
307, 785
70, 787
16 738
116, 035
1 8, 734
50, 650
349, 603
116, 856
21 332
103, 925
16 292
60, 985
415, 986
165, 771
20 978
119, 634
24 724
46, 000
460, 168
213, 167
20 540
11 5. 574
27, 657
43, 939
377, 196
148, 899
20 141
130, 256
27, 048
25, 886
378, 434
132, 039
19 473
146, 557
26 936
23, 684
372, 263
94, 195
19, 383
183, 533
23 498
21, 324
296, 338
73, 752
18 261
145, 176
16, 303
14, 644
317, 504
68, 084
22 242
165, 833
14, 666
21, 879
243, 173
55, 740
24, 857
107, 312
12, 144
20, 087
169, 534
10, 287
20 634
84, 668
13, 414
21, 070
186
21
18
82
13
28
do
do _ _
do _
do
do__ _
913, 875
101, 188
85, 636
65, 190
54, 605
794 958
75, 819
71, 246
71, 653
45, 973
960 816
97. 906
90, 358
61, 365
56, 445
968, 157
99, 081
89, 030
52, 262
67, 534
862 698
77, 987
76, 200
58, 747
62, 802
943 489 1,035 976 1,030 429 1, 133 978
104, 987
104, 080
101, 234
109, 788
80, 859
69 503
78, 664
68, 266
44, 868
45, 331
43, 128
48, 512
74, 872
62, 168
78, 382
71, 770
909, 007
89, 248
65, 073
48, 016
50, 779
833 025
69, 854
60, 313
38, 398
29, 866
874 534
55 944
62 549
44, 549
41 410
__do _
do__ _
do
do.
do
do _
193, 725
10, 645
21, 163
46, 348
15 692
88, 981
171, 959
9,431
22, 294
36, 481
12 059
82, 152
214, 356
9,574
24, 406
47, 227
17 391
103, 476
237, 952
10, 557
28 477
49, 002
18 303
118, 798
214, 603
10, 818
27 251
42, 731
19 764
104 267
243, 726
12, 332
29 740
52, 645
20 287
116 625
264, 465
13, 872
34 684
53, 875
23 550
126, 394
238, 860
13, 927
30 698
51, 155
21 275
111 879
264, 374
14, 543
34 118
56 299
23 302
125 740
231, 876
15, 728
27, 689
51, 568
20 605
107, 408
212, 764
13, 394
20 633
48, 731
20 025
101 569
204 495
13, 102
15 741
49 137
20 251
98 790
83, 540
62, 354
69, 763
49, 742
73, 278
69, 960
74, 137
72, 721
65 018
56, 162
64 207
59, 900
70 896
69, 591
74 343
57, 290
63 018
53, 894
70, 074
48, 051
71 352
42, 697
64 260
50, 822
Nonagricultural products total
Automobiles, parts, and accessories §cf
Chemicals and related productscT
Coal and related fuels*
_._
_.
Iron and steel-mill products
Machinery, total§cf
Agricultural
_ ._
Tractors parts and accessor ies§
Electrical §cf
Metal work ing
Other industrial cf
T
1,232
58, 454
205, 740
328, 986
200, 233
136, 488
177, 214
do
do
086
048
789
284
083
160
•"Revised.
i Less than $500.
^Total exports and various component items include shipments under the Mutual Security Program as follows (mil. dol.): September 1951-August
1952, respectively—81.2; 58.8; 84.1; 59.6; 65.0; 78.7; 94.2; 153.7; 230.6; 112.5; 129.2; 159.9.
Beginning July 1950, certain items classed as "special category" exports, although included in total
exports, are excluded from water-borne trade and from area and country data.
©Including Manchuria beginning January 1952.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
*New series. Data prior to August 1951 will be shown later.
§Excludes "special category" exports not shown separately for security reasons.
cTData beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 195.
1951
Septem-
October
1952
November
December
January
February
March
April
May
June
July
August
Septem
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES— Continued
FOREIGN TRADE— Continued
Value—Continued
General imports, total
thous of dol
By geographic regions:
Africa-.
do
Asia and Oceania
do
Europe
do
Northern North America
do
Southern North America
do
South America
do
By leading countries:
Africa:
Egypt
do
Union of South Africa
do
Asia and Oceania:
Australia including New Guinea
do
British Malaya
do
ChinaO do
India and Pakistan
do
Japan
do
Indonesia
_
_.
do
Republic of the Philippines
do
Europe:
France
do
Germany
_
_
do
Italy___
._
-do _
Union of Soviet Socialist Republics. _ _ do
United Kingdom
do
North and South America:
Canada
do
Latin-American Republics, total
do
Argentina
do
Brazil
do
Chile
...do . Colombia
do
Cuba
.
...
-do _ _ _
Mexico
do
Venezuela
do
Imports for consumption, total
do
By economic classes:
Crude materials
do
Crude foodstuffs
_
__
_ _
do _
Manufactured foodstuffs and beverages. - _ do
Semimanufactures
do
Finished manufactures
do
By principal commodities:
Agricultural products, total
do
Cocoa or cacao beans, incl. shells*
do _
Coffee
do
Hides and skins
__
do
Rubber, crude, including guavule
do
Sugar
do
Wool and mohair, unmanufactured
do
Nonagricultural products, total
do
Furs and manufactures
do
Nonferrous ores, metals, and manufacture?,
total
thous. of dol. .
Copper, incl. ore and manufactures. _do
Tin, including ore
do
Paper base stocks
do
Newsprint
do __
Petroleum and products
do
721, 260
833, 561
818, 544
800, 629
921, 887
892, 033
963, 299
932, 854
834, 771
860, 240
836, 043
816, 958
26, 035
158, 177
146,460
171,890
r
75, 947
142, 750
40. 388
143, 743
147, 880
218, 308
90, 176
193, 065
37, 775
146, 718
157, 334
199, 688
88, 337
188, 693
34, 967
151,799
153,046
190, 085
93, 283
177, 449
68, 408
172, 689
176, 237
186, 971
127,202
190, 380
68, 605
182. 938
153, 682
177, 268
131,474
178, 065
76, 649
205, 720
169, 576
195,583
137,915
177, 856
56, 085
203, 049
174, 429
189, 792
135, 787
173, 712
43, 370
168, 924
149, 273
195, 517
129, 294
148, 392
54, 123
181,317
159,892
210, 970
107, 033
146, 905
47, 234
157, 056
156, 770
191,404
99, 374
184, 204
35, 249
160, 944
147, 708
183, 408
90, 054
199, 595
275
5,472
660
9,712
812
11, 078
1,063
6,529
16, 453
11,844
18, 907
10, 052
14,179
12, 833
2,973
8,994
2,367
7,809
766
8,652
7,548
8,275
2,460
7,777
7,105
32, 228
1,241
17,487
12, 306
19, 689
19, 201
14, 919
27, 867
1, 136
19, 945
14, 373
19, 389
17, 383
9,616
26, 479
2,719
19, 134
15, 645
17, 297
15, 882
22, 486
16, 907
4, 725
19,317
14, 233
20, 075
15, 858
8, 518
38, 434
4,902
22, 437
17,466
29, 704
14, 626
16, 605
39, 094
5, 068
28, 069
14, 520
23, 281
17,213
12, 293
65, 314
4,911
22, 905
18, 540
21,921
21, 284
21,916
42, 297
3, 699
27, 422
14, 932
28, 098
16, 624
15, 676
27, 839
2,336
25, 352
16, 064
23, 445
22, 348
10, 459
32, 890
1, 663
22, 873
16, 984
29, 120
26, 801
10,814
21,013
1.424
25, 296
18, 957
18, 856
25, 973
8,771
23,100
1,099
26, 374
17, 985
24, 670
23, 484
16,332
18, 454
9, 502
1,141
33, 270
15, 489
20, 123
8,912
3,311
33, 438
13, 587
17, 003
12. 364
3, 130
40, 318
15,172
14,811
12, 979
2, 251
35, 446
20, 351
17, 682
11,242
1,150
39,017
15,020
16,009
13,019
506
31, 128
13, 940
16,434
12,593
3, 139
39, 961
14,010
14, 949
12, 371
2,220
47, 267
11,202
15,936
10, 679
805
43, 422
13,159
15, 661
12, 576
1.611
37, 635
12, 684
17, 099
12,412
1, 508
40, 374
12, 486
16, 668
12, 552
1,241
35, 332
171,252
208, 156
8,221
62, 978
13, 863
22. 851
34, 512
20, 554
22, 208
746, 036
217, 924
264, 914
6,643
83, 476
18, 437
34, 257
35, 509
26, 428
30,119
872, 365
199, 672
260, 008
6,843
89, 611
18,197
34, 611
31,244
27,152
25, 822
827, 181
190, 080
249, 596
7,912
85, 000
11, 693
36, 596
13,325
32, 850
27,014
800, 223
186,970
293, 779
8,294
69, 839
22, 246
42,011
30. 577
41.284
34, 098
914, 588
177, 265
288, 100
7, 309
80, 426
13, 502
33, 950
32, 473
36, 177
30, 222
901,437
195, 485
292, 942
9,945
74, 507
20. 292
28, 329
41, 927
39, 686
31,027
971. 397
189, 682
290, 462
10, 900
66, 865
15, 124
28, 071
47, 531
37, 497
35, 694
936, 120
195, 514
257, 240
9,208
48, 216
16, 290
21, 697
57.131
32. 836
32. 936
843, 220
210, 425
237. 953
12, 178
49, 431
13,102
24, 246
40, 437
30, 800
32, 131
857, 259
190, 757
268, 683
15. 100
49, 574
22, 453
33. 176
36, 730
25. 755
32, 731
835, 114
182 942
278, 508
11,328
63. 144
31,195
35, 704
42, 347
26, 401
31,717
815, 445
237, 621
122, 047
76, 219
169, 268
140, 880
257, 026
167, 293
93, 550
192, 737
161,758
213, 085
185,180
80, 746
183, 283
164, 887
216.242
187, 554
58, 588
183, 533
154,304
269, 095
193, 714
79, 253
204, 964
167, 563
270, 459
207, 041
75, 511
185, 931
162, 495
300, 390
194,068
92, 714
215,678
168, 547
293, 547
172, 612
91, 061
206, 379
172, 522
231,668
135, 926
105, 828
203, 498
166, 299
243, 288
149, 603
94, 516
199, 645
170, 207
213,860
149, 360
97, 012
199,799
175, 083
209, 826
144, 482
97. 640
201. 379
162,117
333, 806
6,868
80, 719
14, 223
59, 570
30, 063
34, 142
412, 230
5,406
389, 731
4,013
117,024
9,764
52, 906
30, 207
42,153
482, 634
7,515
379,218
10,378
127, 046
5, 828
54, 489
24, 379
30, 583
447, 963
5,899
360, 194
10,533
138,847
5,154
43, 997
7, 506
35,215
440, 029
9, 536
436, 838
19,274
134, 147
5, 493
80, 393
25, 749
37, 906
477, 750
6,571
439, 197
17,071
153, 943
4,026
73, 821
29, 394
33, 648
462, 240
6,352
435, 698
20, 992
138, 108
4,238
80, 730
43, 382
33, 850
535, 699
8,079
408, 335
17,900
115, 485
6, 223
75, 927
41,832
37, 711
527, 785
7,767
353, 198
21,291
76, 128
4,496
49, 046
50, 893
31, 579
490, 022
6,500
344, 843
22, 303
82, 679
6, 532
52, 132
43, 653
23, 339
512, 416
7,293
328, 522
10,161
95, 442
5, 832
32, 558
43, 724
27, 645
506, 592
7,168
337. 172
6,871
99. 124
5. 298
40. 999
44. 526
24. 060
478, 273
5,790
57, 997
25, 671
5,860
31,191
38, 758
43, 122
70, 427
23, 346
14, 287
36, 403
50, 009
51, 081
59, 750
21, 799
4, 156
31, 033
47, 951
48, 415
65, 183
19, 859
7,871
30, 483
44, 799
48, 103
65, 581
28, 625
2,552
33, 477
42, 230
60, 458
78, 895
22, 774
5,244
31,727
43, 246
53, 717
132, 381
27, 391
22, 370
29, 326
44, 960
55, 321
129, 090
24, 906
31,076
24, 649
45, 587
60, 156
116, 138
21, 763
22, 384
25, 569
44, 484
58, 290
122, 110
20, 857
34, 388
24, 703
50, 938
55, 079
126, 292
41, 986
32, 037
21, 546
50, 191
53, 913
109, 014
42 836
28 282
23! 718
47, 359
51, 754
32, 274
34, 058
17,815
18, 341
11,442
11,700
5, 527
5,109
1,831
2, 062
973, 389 1,116,764
36, 475
36, 612
11,612
5,115
2 012
1,082
12, 475
5 201
2 140
1,143
TRANSPORTATION AND COMMUNICATIONS
TR AN SPORTATION
Airlines
Operations on scheduled airlines:
Miles flown, revenue
thousands _
Express and freight carried.
_ _ ..short tons _
Express and freight ton-miles flown thousands. _
Mail ton-miles
flown
do
Passengers carried, revenue
do
Passenger-miles flown, revenue
_ _ do
31, 529
17, 853
11, 165
4,938
1,895
934, 584
32, 144
19, 100
12,203
5,717
1,895
919, 952
30, 290
17, 783
11,492
5,993
1, 664
812, 028
30, 973
19,121
12, 444
7, 966
1,571
834, 298
32, 221
18, 484
11,911
5,871
1, 576
851, 723
30, 896
16, 269
11, 734
5, 688
1,520
799, 871
33, 363
19,142
13, 039
5, 681
1,733
926, 746
33, 887
19, 247
12, 887
5, 649
1,889
994, 729
thous. of dol
do
17, 845
18, 273
18, 725
22, 746
20, 143
20, 061
20, 090
19, 982
65
44
19 505
37
77
97
46
19
19, 958
d
5
19 592
146
2
4
cents
millions
thous. of dol
10. 6642
1,008
114, 800
10. 6813
1,100
130, 200
10. 7032
1,068
127, 800
10. 8224
1, 099
139, 200
10. 8808
1,072
128, 500
11. 0560
1,006
123, 900
11. 0852
1, 062
126, 500
11. 1922
1,053
129, 400
11. 2579
1,050
128, 300
11. 3820
Express Operations
Operating revenues
Operating income
d
Local Transit Lines
Fares, average cash rate
Passengers carried, revenue
Operating revenues
11 4477
11 7810
11 9148
962
921
919
118 000
117 300
121 800
2,608
2,236
3,882
3,363
478
22
179
232
26
96
278
317
15
170
255
24
44
257
613
58
243
263
42
447
364
636
57
179
187
49
387
289
1,298
1,155
1,852
1.579
975
Class I Steam Railways
Freight carloading (A. A. R.):d"
3,522
2,828
2,886
3,624
' 3,
312
3, 155
2,912
3,478
3,677
Total cars
- _
thousands _
r
587
760
627
686
605
653
642
498
607
Coal
do
64
66
65
79
64
82
53
66
68
Coke
-.- _. .. do ._
r
165
172
189
175
198
218
175
!81
201
Forest products
do
195
234
202
219
240
197
162
210
204
Grain and grain products
do
59
34
33
51
46
37
36
73
42
Livestock
..
_. _. do _ . _
337
118
76
105
70
211
312
202
403
Ore
do
291
285
331
294
377
297
304
263
350
Merchandise, 1. c. 1
do
1, 573
1,747
1,405
1,463
1,888
1,480
1,664
1,524
1,803
M iscellaneous
do
r
d
Revised.
Deficit.
©Including Manchuria beginning January 1952.
*New series. Data prior to August 1951 will be shown later.
cTData for December 1951 and March, May, and August 1952 are for 5 weeks; other months, 4 weeks.
SUKVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S 23
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
TRANSPORTATION AND COMMUNICATIONS—Continued
TR AN SPORT ATION—Con tinued
Class I Steam Railways— Continued
Freight carloadings (Federal Reserve indexes^:
Total, unadjusted
1935-39=100-.
Coal
do
Coke
- .- - do
Forest products
do
Grain and grain products
do
Livestock
_ _
_ _
do
Ore
do
Merchandise, 1 . c , 1 - ___ do
Miscellaneous
do
Total adjusted
- do
Coal
do
Coke
do
Forest products _ _
.
.-do _
Grain and grain products
do
Livestock
- - do
Ore
do
Merchandise, 1 c. 1
_ _ _. do
Miscellaneous
do
Freight-car surplus and shortage, daily average:
Car surplus, total _ _ _ _ _ . _ number Box cars
do
Gondolas and open hoppers ._ _-do
Car shortage total
do
Box cars
_ _ _
do
Gondolas and open hoppers- _
- - - _ do . _ .
Financial operations:
Operating revenues total
thous of dol
Freight
do
Passenger
_ _._ _
__-_do_.
Operating expenses
do
Tax accruals, joint facility and equipment rents
thous of dol
Net railway operating income
do
Net incomej
do
Operating results:
Freight carried 1 mile
mil of ton-miles
Revenue per ton -mile
cents
Passengers carried 1 mile revenue
millions
144
130
209
153
148
107
308
48
154
146
134
202
152
154
128
267
48
157
140
140
218
149
156
88
174
47
149
123
127
216
128
135
65
73
43
134
128
133
214
139
146
64
64
44
138
126
120
203
140
137
57
69
47
140
124
111
198
141
128
53
75
48
142
123
103
163
142
115
65
195
47
139
124
101
178
131
116
59
292
45
138
111
96
68
144
165
45
82
44
122
104
75
56
147
183
45
73
43
116
129
101
154
157
145
61
323
46
141
145
135
187
151
138
93
352
48
155
133
130
211
142
132
81
205
46
143
135
134
206
144
154
83
180
46
144
137
140
218
152
159
70
180
46
144
133
127
206
144
143
68
235
44
142
141
133
203
155
146
67
256
46
151
136
120
192
146
140
72
277
49
149
133
111
196
141
139
66
257
47
149
126
103
166
142
130
73
212
46
141
122
101
179
126
132
66
212
45
137
108
96
69
139
161
56
53
44
119
102
75
57
146
153
56
46
43
115
125
101
160
149
134
65
216
46
140
134
135
189
140
123
70
235
45
144
3, 640
164
4
14, 902
4,181
9,231
2,593
86
19
19, 045
6,235
10, 168
3,375
203
4
8,586
2,459
5,311
7,855
1, 456
298
3,889
1,201
2,336
11,255
3,396
1,859
3,906
1,430
2,014
8,185
1,012
2, 084
3,992
1,747
1, 550
9,264
2,161
1, 516
2,621
845
993
17, 100
4,108
3,339
1,874
365
857
24, 363
11,153
2,554
2,296
704
959
28, 136
14, 669
6,372
2,933
1,865
717
40, 311
7,477
26, 642
2,070
1,490
448
17,418
2,114
7,888
6,156
2,448
3,429
5, 693
331
113
12,028
3,822
7,691
855, 929
716, 394
74, 092
660, 408
965 552
816, 182
71,129
699, 508
903 864
743. 296
71,795
672, 482
902 695
689 298
88, 238
649, 044
867 034
712,906
82, 343
685, 369
844 966
704 301
73, 470
649, 687
875 471
729, 286
74, 077
675, 135
847 478
702 145
71, 906
667, 433
870 315
720 138
75, 955
676, 418
814 338
663 869
81,702
645, 934
790 718
644 792
80, 482
634, 398
899 734
744 841
80, 548
663, 360
119,797
75, 725
50, 255
144 144
121, 900
97, 840
136 373
95, 008
68, 058
118 479
135 172
150, 661
115 598
66, 067
41,364
119 385
75 895
49, 244
123 697
76, 639
50, 239
107 732
72 313
45, 341
110 927
82 970
54, 342
100 529
67 875
48 988
95 357
60 963
35 469
131 334
104 939
78,155
58, 131
1.298
2,918
61, 838
1.374
2, 718
56, 740
1.369
2,697
52, 664
1 372
3,354
54, 700
1 367
3,089
54, 089
1 370
2,697
55, 949
1 372
2,759
52, 147
1 412
2 684
54, 557
1 393
2,802
47 293
1 475
3 065
44 817
1 524
3 076
56, 949
2,685
1,210
2,729
1,289
2,571
907
2,915
1,205
2,637
1,004
2,619
1,011
3,115
1,130
3,039
1,035
2,979
1, 188
2,948
1,256
2,649
762
6.58
83
246
6.79
85
244
6.83
77
243
6.18
65
218
6.37
77
242
6.39
79
240
6.24
77
225
6.74
79
251
6.20
78
266
6.70
79
260
64, 724
46, 549
51,315
44, 084
53, 587
52, 188
50, 857
54, 537
61, 682
71, 370
65, 249
68, 599
61, 610
72, 209
58, 893
79, 967
76, 484
109, 740
19, 001
17, 398
1,681
25, 847
29, 602
842
28, 347
18, 364
353
26, 501
17, 592
216
24, 862
27, 374
232
19, 205
31, 638
299
23, 897
44, 164
346
20, 431
48, 658
559
18, 898
51, 528
1,075
785
9,567
794
9, 663
788
9,579
780
9,531
985
12, 072
886
10, 808
867
10, 655
762
9,343
320, 205
188, 477
108, 331
335, 579
194, 221
117, 636
334 449
196, 380
113, 990
341 381
199, 422
117, 526
339, 151
198, 907
115,814
332 063
196, 952
110 319
345 353
202, 195
118, 143
225, 658
29, 429
40, 066
238, 005
38, 970
40, 279
235, 785
39, 647
40, 451
242, 793
40, 855
40, 679
240, 030
39, 077
40, 127
231, 914
39, 702
40, 314
238, 954
42, 437
40, 516
15, 725
14, 623
371
17, 173
15, 009
1,395
16 120
14, 679
720
17 423
15, 548
1,317
16 789
15, 191
717
15 875
14, 328
716
16 801
14, 923
1,016
2,184
1,674
315
2,366
1,665
509
2,235
1,669
378
2,448
1, 73C
517
2,199
1,752
236
2, 114
1,733
192
2,237
1,759
274
2,453
1,946
400
2,569
2,022
441
2,532
2,036
388
2,726
2,156
495
2,669
2,099
443
2,510
2,013
372
2 592
2,094
388
Waterway Traffic
Clearances, vessels in foreign trade:
Total U S ports
thous. of net tons
Foreign
do
United States
do
Panama Canal:
Total
thous. of long tons
In United States vessels
do
r
2,511
r
909
2,888
1, 148
6.39
72
237
7.15
76
255
6.91
78
251
18 361
45, 330
2,455
34, 150
4,008
29, 361
4 270
25, 062
1,603
763
9,446
809
10, 145
682
8,618
716
9,074
343 596
203, 861
114 762
352 525
205,171
121 895
351 732
206 102
119 781
351 597
204 358
120 635
234, 873
43, 627
40, 662
248, 667
41, 238
40, 847
245 862
42 238
40, 966
258 743
37 140
41, 105
10 384
12 894
3 247
15 839
14 544
474
15 847
15 d101
2 155
1,702
251
2 250
1,722
270
2 081
1,766
105
2 164
1,880
60
2 433
2,066
252
2 546
2, 156
271
2 517
2,056
340
2 585
2 084
388
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, arrivalscf _ . _ _ _ ^number
U. S citizens, departures^
do
Emigrants
do
Immigrants
do
Passports issued _
_ _ _ _ _ _do..
National parks, visitors
thousands
Pullman Co.:
Revenue passenger-miles _ _
_._
millions
Passenger revenues _ _ _ __
thous. of dol _
r 84, 952
51, 862
r
COMMUNICATION S
Telephone carriers:©
Operating revenues
Station revenues
Tolls message
thous. of dol
do
do
Operating expenses, before taxes- .
do
Net operating income
do
Phones in service, end of month... ^thousands. _
Telegraph, cable, 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
r
7 233
10, 243
d
3 698
d
47
d
Revised.
Deficit.
JRevised data for August 1951, $57,526,000.
cf Data exclude arrivals and departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.
Revised data for January-August 1951 to exclude arrivals via international land borders are as follows (number): 51,650; 58,530; 63,458; 60,098; 48,561; 58,043; 73,254; 94,721.
OData relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier
data.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
19 51
September
October
November
December
January
February
March
April
May
June
July
177, 059
165, 105
160. 034
167, 574
58, 380
63, 579
214. 128
50, 669
56. 074
72 417
200, 169
48, 851
52, 238
r
80, 662
194. 285
49, 282
118,340
T
1, 046
153, 609
128, 886
1 863
177, 923
336, 327
3, 722
224, 462
370, 877
5 882
242, 809
34, 403
35 521
58, 999
66, 516
August
September
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:!
Ammonia, synthetic anhydrous (commercial)
156, 692
155, 913
161, 681
short tons__ 147, 508
(i)
(i)
0
Calcium arsenate (commercial)
do
0)
69, 095
71,011
69, 730
Calcium carbide (commercial)
__ do
67, 255
41, 052
54, 052
42,412
63, 703
Carbon dioxide liquid gas and solidO
do
228, 949
224, 250
219 250
212, 083
Chlorine gas
do _
58 222
59, 920
59, 639
56, 881
Hydrochloric acid (100% HC1)
do
576
409
1, 597
Lead arsenate (acid and basic)
do __
0)
133, 790
135, 516
132, 286
124, 304
Nitric acid (100% HNOs)
do
1, 934
1,967
1,938
1,829
Oxygen (high purity)
mil of cu ft
153, 463
154, 060
153, 432
151, 677
Phosphoric acid (50% HsPOO
short tons
Soda ash, ammonia-soda process (98-100%
374. 204
430, 622
389, 487
Na2COs)
_ _.
_ short tons__ 403, 028
10, 550
10, 276
11, 276
10, 660
Sodium bichromate and chromate
do
272, 799
269, 387
275, 224
259, 727
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhy43, 268
48, 116
drous)
short tons
42, 666
49, 485
Sodium sulfate, Glauber's salt and crude salt
69. 408
81, 120
75, 057
80, 037
cake
short tons__
Sulfuric acid (100% H 2 SO 4 ):
Production
do __ 1, 046, 075 1, 099, 964 1, 130, 831 1, 179, 263
Price, wholesale, 66°, tanks, at works
20.00
19.90
20.00
20.00
dol. per short ton..
Organic chemicals:
Acetic acid (synthetic and natural), production
34, 874
37, 952
35, 262
39, 309
thous of Ib
67, 032
86 070
71. 798
86, 343
Acetic anhydride, production
do
952
945
1,056
1,046
Acetylsalicylic acid (aspirin) production do
Alcohol, ethyl:
40, 477 r 39, 825
40, 945
47, 336
Production
___
thous. of proof gal..
91, 184 r 89, 361
Stocks, total
- -do _ ' 101, 681 103, 927
In industrial alcohol bonded warehouses
66, 465 r 61, 830 r 59, 296
thous. of proof gaL_ '71,088
r 30, 593
37, 462 r 29, 280 r 30, 064
In denaturing plants
QO
39, 924
43, 362 >• 45, 739 «• 42, 061
Used for denaturationf
do
r 2, 399
3, 595
r 3, 179
3,016
Withdrawn tax-paid
do
Alcohol, denatured:
r
Production
thous. of wine gal__
21, 421 r 23, 276 r 24, 425 rr 22, 458
21, 957
22, 392
27, 228 ^ 24, 196
Consumption (withdrawals)
do
r
r 8, 340
10, 252
6, 636
7,477
Stocks
do _
11 293
11 186
12 301
Creosote oil production
thous of gal
12 051
3 887
5 697
8 144
Fthvl icetate (85%) production
thous of Ib
5 441
Glycerin, refined (100% basis) :
High gravity and yellow distilled:
4,849
6, 061
5,129
Production
thous. of lb.
5,529
6 072
Consumption
do
5 677
5, 0? 7
6 718
15, 623
15, 284
15, 556
Stocks
- - - do 14 735
Chemically pure:
9,681
11,078
Production
_ __
do
10, 540
11, 747
7, 305
6, 407
6,714
Consumption
do
7 874
26, 884
25, 483
25, 943
26, 524
Stocks
do _ .
Methanol, production:
115
172
175
Naturil (100"^)
thous of gal
193
17, 224
16, 503
15, 431
15, 950
Synthetic (100%)
do _20 694
18 883
21 773
19 926
158, 848
151, 632
0)
72, 178
44, 062
230, 271
60, 191
1,985
140, 976
2,019
151, 922
67, 788
45, 807
215, 570
57, 966
1, 550
128, 978
2,008
151, 684
67, 974
47, 307
229, 472
58, 868
1,520
144. 696
2,156
168, 272
60,
53,
221.
53,
137, 924
1,954
172, 135
128, 065
1,941
173, 334
122, 670
1, 131
153, 497
367, 380
1 ] , 224
263, 320
337, 710
9, 722
247, 734
372, 529
8, 590
271,996
363, 579
6,428
258, 521
358, 448
6, 745
250, 564
334, 449
5,656
230, 883
45, 705
43, 599
46, 852
36, 794
38, 565
41, 194
72, 078
67, 363
73, 973
65, 646
67. 031
65, 838
(0
172, 099
0)
(')
601
756
169
129
763
442
279
630
704
150
0)
r
r
, 165. 356 1, 131, 289 1, 174, 836 1, 115, 602 1, 109, 076 1,007,709
20.00
20.00
20.00
20.00
20.00
20.00
37, 711
59, 358
1,185
30, 261
45, 887
1,073
29, 138
42, 711
1,178
26, 380
27, 591
1,247
26, 535
31, 536
1,109
27. 980
51, 944
34, 256
65, 963
42, 421
94, 566
41, 129
r 95, 361
33, 857
26, 062
' 97, 550 r 82, 344
r
r 58, 660
35, 782
'48,917
r
1,993
r 58, 891
54, 937
' 35, 675 f 40, 425
r 40, 939
44, 935
1,861
1,788
' 26, 106
' 24, 768
r 10, 478
10 635
4 359
24,
21,
13,
11
4
060
388
608
559
160
r 55, 592
41, 959
34, 108
1, 755
r 21, 924
18,368
*• 21, 501
r 20, 284
' 14, 037 r 12, 093
14 401
13 546
4 419
5 470
0)
968, 467 1, 066, 123
20.00
«• 42, 254
r 94, 442
173, 326
0)
45, 812
79 344
208, 098
54, 839
20.00
a
20.00
957
845
31, 173
70, 859
823
32, 922
74, 420
39, 292
77, 437
32, 984
82, 661
36, 439
87, 430
' 51, 949
50, 584
30, 395
23, 837
f 33, 102
30, 539
1,395
1,447
47, 610
29, 827
35, 397
2,052
47, 420
35, 241
28, 577
1,629
48, 430
39. 000
31, 249
2,057
984
555
293
204
17, 868
18, 018
8, 055
7 077
5 873
19, 039
17, 468
9,100
6 509
4 152
15, 437
18, 261
7, 158
12 547
8 813
16, 987
16, 799
7,326
r 16, 481
r 19,
«• 8,
13
4
6,192
5, 798
16,219
5, 647
5,521
17, 447
6,745
5,617
18, 104
6,770
6,385
17, 578
7,538
6 239
17,013
7,099
6,374
14, 427
5,855
6,003
13, 553
6,511 j
6, 538 !
12, 246
7, 279
6, 975
12,066
11,529
7,976
26, 582
11, 113
7, 219
26, 685
11, 704
7,398
28, 107
12, 528
7,040
29, 435
7, 178
7,015
28, 382
5,428
7,008
24, 507
6,237
6, 628
21, 684
9,035
7, 536 !
19, 080
10, 040
7, 991
17, 173
199
14, 226
18 844
173
185
161
201
175
195
13, 756
19 462
13, 951
21 519
13, 498
21 348
13, 111
21 263
11, 881
19 225
11, 890
18 955
r
!80
12,0599
16 46
1,152
201, 552
20, 560
154, 761
9,056
1,348
214, 991
28, 775
161, 570
7,619
1,827
191,261
10, 802
163, 553
7, 469
1,819
204, 452
15, 296
173, 431
6,147
1,167
207, 943
15,353
176, 649
7,887
2389
203, 643
24, 643
164, 357
7,015
'2380
208, 593
19, 939
170, 215
7,227
FERTILIZERS
Consumption (14 States)!
Exports total
Nitrogenous materials
Phosphate materials
Potash materials
thous. of short tons...
short tons__
do
do_ __
do
494
235, 053
16, 570
183, 344
14, 197
708
315, 160
26 483
267,011
8 854
742
220, 305
27 772
130, 159
6,772
604
209, 754
27, 632
145, 546
5,433
530
' 136, 743
7 652
117, 254
7,227
r
r
208, 013 ' 141, 032
173, 163
257, 090
255, 151
202, 037
169, 119
219, 807
173, 298
147, 137
155, 601
190 328
151,448
186, 622
165, 806
96, 732
100, 674
122, 146
147, 263
152, 137
101, 457
89, 105
105, 877
121, 424
Nitrogenous materials, total
-_
do
59, £60
18, 706
90, 517
72, f 14
33, 915
37, 015
41, 7FO
54, 651
50, 865
36, 395
41, 768
53, 401
Nitrate of soda
do
21,606
17,
510
14,
698
7,318
19,
358
8,588
17,
751
6,832
8 166
10,
798
9.210
1 962
Phosphate materials
do
23, 258
27, 731
26, 981
12, 488
44, 934
55, 022
21, 293
49, 833
28, 131
27, 336
37, 708
54, 721
Potash materials
_ _ - do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
57.00
57.00
57. 00
57.00
57.00
57.00
57. 00
57. 00
53. 50
57.00
57.00
53.50
port warehouses
. _ dol. per short ton
140, 625
125, 600
127, 810
123, 582
113, 167
121, 535
114, 903
119, 074
157, 711
122, 979
114,311
Potash deliveries
short tons.. 113,326
Superphosphate (bulk) :
941, 330
966, 024 1, 033, 449 1, 101, 454 1, 137, 270 1,074,722
926, 657
893, 639
954, 651
811, 543
923, 966
955 534
Production
do
.1, 245, 504 1, 183, 481 1, 163, 982 1, 251, 797 1, 293, 588 1,217,295 1, 046, 710 r 897, 818 1, 018, 081 1, 238, 946 1, 366,549 1, 420 827
Stocks end of month
do
2567
57. 00
149, 678
NAVAL STORES
Rosin (gum and wood) :
392, 400
579, 940
507, 600
Production quarterly total
drums (520 Ib )
722, 580
748, 700
665, 530
Stocks end of quarter
do
Price, gum, wholesale, "WQ" grad'e (N.Y.), bulk
3 9. 40
8.70
9.35
8.55
8.55
8.70
8.50
8.35
9.65
39.40
dol. per 100 l b _ _
38.67
8.35
39.07 j
Turpentine (gum and wood):
1
127, 940
167, 540
195, 260
Production quarterly total
bbl. (50 gal )
194, 450
197 630
179 300
Stocks end of quarter
do
.62
.86
.66
.60 !
.76
.61
.63
3.80
3.80
3.75
.60
Price, gum, wholesale (N.Y.)
dol. per gal..
3 .80 |
T
1
2
Revised.
Not available for publication.
Total for 12 States; excludes data for both Virginia and Kentucky (effective July 1952, Kentucky will report semiannually; see note "§"
3
below for quarterly data for Virginia).
Savannah price. January 1952 quotation (Savannah) for rosin, $9.40; for turpentine, $0.80.
JRevised data for January-October 1951 are available upon request.
©Data beginning January 1951 exclude amounts produced and consumed in the same plants manufacturing soda ash.
fRevised series. Data shown prior to the November 1951 SURVEY represent alcohol withdrawn for denaturation.
§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951—January-March, 312; April-June, 288; July-September,
91; October-December,
111; 1952—January-March, 322; April-June. 331; July-September, 90.
a
Synthetic only; synthetic production in July, 32,355,000 pounds.
\~""-"G2
SUEVEY OF CURKENT BUSINESS
November 1952
S-25
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
May
April
June
July
August
Septem-
1 010
66 177
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
High explosives
Sulfur:
Production
_.
_ _ _ _ _ _
Stocks
thous. of Ib
do
long tons
do
1,276
62, 425
1,610
68, 033
1,591
62, 244
1,164
53, 297
1,355
55, 512
1,193
59, 669
842
706
556
489
586
764
57, 659
61, 905
63, 111
57, 251
51,315
62, 515
462, 701
459, 805
418, 655
443,017
477, 939
447, 481
435, 828
412, 481
445, 014
454, 960
433, 871
460, 058
428 810
2, 754, 129 2, 782, 423 2, 805, 902 2, 837, 432 2, 851, 214 2,883 571 2 850 666 2, 808, 368 2,827 506 2, 902, 335 2, 982, 331 3, 047, 591 3 081 284
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, creases, and oils:t
Animal fats:
Production _ _ _ _ _ _ _ _ _ _
thous. o f Ib
Consumption, factory
do
Stocks, end of month
_
do _
Greases:
Production
.._
_
_ _ _ _ _ d o
Consumption, factory
do
Stocks, e n d o f month _ _ _ _ _ _ _ _ _ _ d o
Fish oils:
Production
do
Consumption, factory
_
do
Stocks, end of month cf- _
_ _ do
Vegetable oils, oilseeds, and byproducts :t
Vegetable oils, total:
Production, crude
mil. of Ib
Consumption, crude, factory. _ _
do
Stocks, end
of
month:
Crudecf 1
do
Refined
_
_ _ _ _ _ _
do
Exports
thous. of Ib
Imports, total
_ _
_ _ _ _
do
Paint oils
do
All other vegetable oils .._ _ . _
do
Copra:
Consumption factory
short tons
Stocks, end of month
do
Imports
do
Coconut or copra oil:
Production:
Crude
thous. of Ib
Refined
___ _ _ _
_ _ _ _ _ _ do_ _ _
Consumption, factory:
Crude
_ _
_ . do. __
Refined
_
do
Stocks, end of month:
Crudecf
--do
Refined
do
Imports
-__
_ do
Cottonseed:
Receipts at mills. _
_ thous. of short tons_
Consumption (crush)
do
Stocks at mills, end of month
_ _ do_ __
Cottonseed cake and meal:
Production
short tons
Stocks at mills, end of month
do
Cottonseed oil, crude:
Production
_
thous. of Ib
Stocks end of month
do
Cottonseed oil, refined:
Production
do
Consumption, factory
_ . _
do ._
In oleomargarine
do
Stocks, end of month
do
Price, wholesale, drums (N. Y.)*__dol. p e r l b _ _
Flaxseed:
Production (crop estimate) §
thous. of bu _
Oil mills:
Consumption
_
do
Stocks end of month
do
Price, wholesale, No. 1 (Minn.)
dol. per bu__
Linseed oil, raw:
Production
thous of Ib
Consumption factory
do
Stocks at factory, end of month
_ __do_ __
Price, wholesale (N. Y.)
dol. p e r l b _ _
Soybeans:
Production (crop estimate) § _ _ _ - thous. of bu.
Consumption, factory
_ do
Stocks end of month
do
Soybean oil:
Production:
Crude
__
thous. of Ib
Refined
do
Consumption, factory, refined
do
Stocks, end of month:
Crude
_ _ _ _ _
do
Refined
do
Price, wholesale, refined (N. Y.)__.dol. per l b _ _ _
r
281, 549
98. 302
258, 887
327, 893
116,026
261, 850
378, 755
112, 690
269, 893
398, 619
96, 644
303, 436
417,530
121, 909
327, 037
388. 109
121 614
329, 625
365, 093
119, 944
325, 955
349, 058
117, 906
329, 408
321, 630
114 807
336, 784
305, 335
115 548
367, 590
290, 088
95, 111
377, 329
46, 862
41, 551
110, 682
49, 801
44, 277
103,919
58, 013
42, 855
104, 574
56, 659
42, 189
100, 465
58, 919
45, 248
103, 801
58, 217
42 173
105, 938
52,114
40 075
100, 536
50, 357
37 913
105, 411
49, 982
36 701
111,895
49, 486
31, 969
115, 580
18, 789
10. 918
97, 846
16,612
11,508
109, 630
2,297
11,477
102, 999
2,305
9,089
96, 437
900
169
298
9,840
82, 084
8,578
73, 295
9,429
73, 055
5 141
9,451
68, 538
11 060
9,758
66, 640
440
377
616
487
604
484
552
478
584
529
522
509
483
482
430
487
382
442
290 840
110 782
329 643
44, 932
31 098
118, 495
46, 040
35, 164
113, 738
43 600
37 100
107 634
12 748
10,174
69, 931
22 631
8,331
84, 479
22 683
9,919
88, 854
13 407
11 763
89 990
343
410
305
361
354
394
433
413
962
438
1,021
1,100
1,202
1,251
1 279
1 287
1 275
1 202
1 123
1 054
1 017
74, 267
19, 647
1,245
18, 402
52, 833
33, 087
2,869
30, 218
58, 618
36, 491
3,989
32, 502
68, 101
35,815
61, 395
24, 596
2 563
22, 032
58 561
31, 067
4 389
26, 678
49 815
28, 638
2 049
26, 590
32 674
30, 935
5 051
25, 884
952
498
35, 371
58 899
24, 878
2 050
22, 827
536
39,913
39, 332
1,886
37, 446
30 911
35. 478
5 447
30. 031
41 331
35, 171
5 177
29, 993
29 539
21, 161
31, 978
37 297
21, 643
46 183
35, 774
21,063
31, 787
28 859
21, 546
41, Oil
29 807
27, 492
34 681
30 476
25, 202
36 287
26 367
20, 923
25 848
32 794
11, 952
23 668
23 068
11 267
21 892
16 051
4 061
16 455
18 028
11 974
21 390
37 6(55
13 570
29 563
32 550
10 070
37, 410
24, 983
48, 133
28, 270
44, 976
26, 578
36, 929
22, 714
37, 492
31, 625
38, 132
27, 987
33,176
30, 494
41, 626
31,011
29 564
32, 465
21, 486
27, 765
22, 632
26, 745
47 692
36, 466
41 096
38 003
39, 645
22, 336
45, 564
25, 348
39,710
22, 459
36,159
20, 254
47, 698
27, 486
42, 364
25, 099
45, 222
26, 727
48, 037
28, 085
48,315
28, 306
43, 436
26, 131
41,119
23, 431
51, 836
30 364
56 545
34 112
74, 804
7,207
3,825
61, 932
6,995
3,899
84, 528
8,342
12, 745
92, 073
8,839
9,718
82. 279
9,863
7,173
82, 143
9,103
1,767
81,387
9 013
3,731
79, 869
8 961
7,921
67, 285
8 899
7,522
56, 707
7 596
9,777
49, 699
7 578
15,089
50 718
8 730
12 237
46 974
7 616
1,054
1,587
1,006
776
598
653
322
688
1,881
1,515
1,180
55
433
802
22
306
518
14
218
315
14
153
176
78
117
137
398
148
386
1 173
1,935
163
545
1,705
250, 122
70, 841
387, 447
72, 854
361, 949
60, 316
303, 841
55, 430
319, 884
56, 737
253, 208
56, 176
201, 182
47, 336
146, 191
46, 396
101, 133
57, 870
69, 838
58, 946
55, 746
45, 104
70 059
47 876
248 660
81 857
166, 505
90, 010
257, 819
152, 672
244, 053
184, 843
206, 005
186, 292
218, 547
188, 644
176, 041
174, 795
143, 727
162, 209
106, 633
129, 093
72, 082
96 917
52, 822
58 602
41, 143
41 077
44 768
38 375
156 459
103 809
96, 085
100, 550
32, 583
102, 715
.218
173, 826
125, 071
36, 816
154, 868
.217
186, 793
122, 100
35, 858
225, 137
.218
182, 865
118, 578
35, 335
279, 881
.213
185, 037
135, 226
44, 497
1
336, 814
.203
164, 076
117, 870
35, 623
1
383, 410
.220
136, 955
107,399
28, 019
1
413, 893
.190
123, 723
106, 108
28, 523
1
434, 758
.180
79, 578
113, 260
28, 764
401, 400
.185
54, 023
90, 150
17, 070
1 361, 320
.205
42 285
92 727
23 978
318 006
.205
71 655
103 262
32 434
1288 212
.191
2,810
3,654
3.83
3,022
5,844
4.16
2,854
6,831
4.40
2,581
7,098
4.56
2,298
6,407
4.54
2,243
5,547
4.23
2,196
4,430
4.16
1,897
3 608
3.93
2,083
3 440
3.96
2, 172
3 059
4.00
1,580
3 346
4.02
2 295
3 794
4.17
2 303
5 461
4. 17
57 057
46, 650
635, 184
.181
59 964
50, 091
640, 760
.197
54, 981
46, 173
638, 785
.209
52 120
42, 363
652, 696
.212
46 857
40, 462
652, 657
.210
44 020
41, 734
659, 688
.195
45 707
43 661
659, 383
.186
38 953
44 651
646, 589
.176
41 647
43 685
638, 021
.178
44 015
43 565
637, 975
4.155
31 860
45 899
634, 474
*. 150
46 904
54 981
622
350
r4
. 152
46 702
51 481
616 537
4.156
14, 721
4,274
21, 556
58, 356
23, 036
68, 052
2 280, 512
23, 179
61, 848
24, 046
50, 901
22, 457
49, 430
21, 540
42, 708
20, 129
32, 307
19, 682
28 493
18, 617
30 838
17, 539
22 339
17 549
9 071
3286 209
14 969
11 751
148, 658
130, 391
127, 916
214, 799
143, 782
147, 351
224, 834
136, 668
136, 660
221, 400
149 822
134, 518
234, 386
179 073
159, 187
222, 247
180 626
168, 379
218, 381
183 469
164, 911
204, 138
198 641
171, 062
199 002
181 249
171, 244
189 977
177 198
188 112
179 498
162 158
142 825
178 795
175 008
154 982
155 632
166 542
187 775
90, 907
79, 870
.195
121, 135
75, 261
.191
164, 529
73, 602
.190
197, 346
83 920
.179
230, 950
97, 092
.165
240, 510
103 120
.155
245, 027
109, 459
.150
224, 072
130, 234
.148
197, 473
126 720
.144
185, 122
111 280
.174
180 130
116 618
'.174
250
541
935
292
838
368
436
442
504
556
589
572
624
632
1
100,
109,
28
432,
080
369
784
620
.180
1
1
525
1 035
3
2 33, 802
31 033
136 414
98 287
96 046
124 222
.156
.170
* Minneapolis price; comparable data for May 1952, $0.155.
l
Revised.
Includes stocks owned by Commodity Credit Corporation.
2 December 1 estimate.
3 October 1 estimate.
^Revisions for 1950 for production, consumption, and stocks will be shown later.
cfBeginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
§Revisions for flaxseed (1946-49) and soybeans (1944-49) appear in corresponding note in the September 1952 SURVEY.
286, 050
114, 199
339, 625
r
S-26
SURVEY OF CURRENT BUSINESS
November 1952
1951
Unless otherwise stated, statistics through.
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September
October
1952
November
December
January
February
March
April
May
June
July
August
September
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, etc. — Continued
Oleomargarine:
Production
thous. of lb. _
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern U. S.)*
dol. perlb..
Shortenings and compounds:
Production
thous oflb
Stocks end of month
do
85, 074
16, 461
98, 219
19, 218
94, 979
17, 704
96, 240
18, 830
128, 145
17, 485
114, 051
24, 951
96, 762
21,655
101,136
22, 419
100, 709
15, 839
104, 040
26, 837
68, 695
23, 807
.290
.290
.290
.289
.289
.259
.259
.253
.249
.266
.271
.269
.276
109,636
97, 018
136, 469
94, 231
131, 721
93, 110
116,509
101,441
128,313
94, 405
131, 040
91, 890
128, 912
89, 120
127, 375
93, 408
138, 692
83, 228
142, 749
81, 922
112,624
88, 436
125 114
92, 5o9
140 171
74 126
80, 796
113,445
42, 031
71,414
106, 386
41, 608
64, 778
110, 938
41, 594
69, 344
124, 670
44, 287
80, 383
126, 768
44 620
82, 148
122, 571
40, 757
81,814
111,093
36 808
74, 285
113,302
40, 994
72, 308
2 013
4, 504
377
442
1,998
4,866
439
404
20, 981
26 259
11,189
28, 7569
24 34
7, 337
14, 368
26, 850
22,007
16, 669
29, 582
25 692
7 572
17, 868
86, 564
15 584
r
125, 694
18 615
PAINTS, VARNISH, AND LACQUER f
Factory shipments, total
Industrial sales
Trade sales
thous. of dol
do
do
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
thous. of Ib
Molding and extrusion materials
do _ _
Nitrocellulose sheets rods, and tubes
do
Other cellulose plastics
do _.
Phenolic and other tar acid resins - - -_ do.
Polystyrene
do
Urea and melarnine resins
do
Vinyl resins §
- - --do
Alkyd resins §
do
Rosin modifications
- ^do ___
Miscellaneous resins §
do
2,668
4,440
398
1,050
2,431
4,564
615
919
1,713
3,382
508
796
2,526
2,894
467
507
2,957
4,243
521
734
1,942
4,178
508
792
1,841
4,380
479
784
1,880
4,985
527
683
1,770
4, 122
485
657
1,713
3,805
453
400
33, 054
30, 372
14, 561
39, 154
26 168
5,643
15, 447
41,142
29, 534
16, 179
41,898
27 394
6, 546
16, 146
35, 859
28, 620
14, 343
40, 596
26 048
6,883
14, 920
28, 970
26, 467
12, 961
42, 029
24, 929
6,729
15, 169
31, 652
27, 395
16, 005
43, 446
28, 616
6,592
15. 860
28, 731
26, 518
14,933
39, 245
28,014
7, 855
13, 163
28, 262
25, 951
15, 459
39, 208
28, 300
7,502
16, 586
24, 131
24, 967
14, 233
35, 955
28 418
7, 396
17, 122
24, 009
23, 959
14, 955
31.897
29 326
8,030
17, 341
24, 827
26,413
15,312
29, 357
28 507
7,882
17, 467
r
ELECTRIC POWER AND GAS
ELECTRIC POWER J
Production (utility and industrial), total
mil. of kw.-hr._
Electric utilities, total
do
By fuels
- - do _ _
T3y water power
do
Privately and municipally owned utilities
mil. of kw.-hr__
Other producers
do
Industrial establishments, total _ _ _ _ _ _ d o _ _
By fuels
do
By water power
_ _ do
Sales to ultimate customers, total (Edison Electric
Institute)
mil of kw -hr
Commercial and industrial:
Small light and power _
_ _
do _
Large light and power
do
Railways and railroads
do
Residential or domestic
do
Rural (distinct rural rates)
do
Street and highway lighting
do
Other public authorities
do
Interdepartmental
do
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of dol
35, 275
30, 254
23, 222
7,032
37, 804
32, 437
24, 883
7, 553
37, 321
32, 103
24, 028
8,075
38, 517
33, 170
24, 044
9, 126
39, 710
34, 203
24. 302
9,901
36, 768
31, 536
22, 075
9, 461
38, 568
33, 040
22, 597
10, 443
36, 736
31,515
21, 553
9,962
37, 065
31, 824
22, 132
9, 692
36, 052
31, 525
22, 366
9, 160
37, 007
32, 523
23, 785
8, 738
39, 752
34, 361
25, 844
8 518
38, 759
33, 376
26,019
7 357
26, 172
4,082
5,020
4,722
298
28, 218
4,219
5, 367
5,027
340
27, 934
4,169
5,217
4,872
345
28, 543
4, 627
5,347
4,927
420
29, 006
5, 197
5,507
5,042
465
26, 717
4,819
5,232
4, 766
466
27, 647
5,393
5,529
5,022
506
26, 559
4, 956
5,221
4,753
469
26, 910
4,915
5, 240
4, 745
496
26, 451
5,075
4,526
4, 141
385
27, 249
5,274
4,484
4, 159
326
28, 860
5,501
5, 391
5,026
365
28, 619
4 757
5,383
5 067
316
26 777
27 114
27, 481
28, 263
29, 217
28, 708
28, 453
27, 766
27, 178
26, 856
26, 914
5,030
13, 321
413
6, 065
980
269
659
40
4,813
13, 919
446
6,186
720
302
686
42
4, 861
13, 779
475
6,712
577
325
713
39
4, 976
13, 704
527
7,447
521
347
699
43
5, 124
13, 797
523
8, 170
503
348
717
35
5.048
13, 700
488
7,902
496
318
722
35
4,945
13, 869
504
7,548
544
298
710
35
4,792
13, 764
458
7, 157
598
268
698
30
4,767
13, 669
444
6,679
639
249
691
40
5,046
13, 069
404
6,544
800
236
713
44
5, 361
12,638
396
6,567
994
242
671
45
476, 635
477, 724
488, 495
501, 349
522, 258
514, 575
504, 334
494, 080
486, 460
488, 551
493, 359
GAScf
Manufactured and mixed gas (quarterly):
Customers end of quarter total
thousands
Residential (incl house-heating)
do
Industrial and commercial
do
Sales to consumers total
mil of therms
Residential
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous of dol
Residential (incl house-heating)
do
Industrial and commercial
do
Natural gas (quarterly):
Customers end of quarter total
thousands
Residential (incl house-heating)
do
Industrial and commercial
do
Sales to consumers total
mil. of therms
Residential (incl house-heating)
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous of dol
Residential (incl house-heating)
do
Industrial and commercial
do
T
8,463
7 892
566
608
321
278
8, 057
7 505
548
832
520
296
7,932
7 376
551
1, 156
785
353
7,336
6 819
512
809
491
308
104 036
72 723
30, 508
127, 481
91, 562
34, 598
165, 655
121, 287
42, 851
120, 928
86, 277
33, 743
16 086
14 829
1, 239
8,836
1, 265
7 027
17, 066
15, 683
1, 364
11,719
3, 753
7 462
17, 553
16, 101
1,434
14, 861
6, 409
8 037
18, 145
16, 694
1,433
11,113
3, 212
7, 529
217 802
107 903
153, 935
454 744
256, 085
188, 353
648 863
416. 815
222, 670
434, 422
236, 113
190, 375
Revised.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
tRevised series. Data are estimated total factory shipments of finished paint, varnish, and lacquer. Figures supersede those shown in the SURVEY prior to the June 1952 issue,
which did not measure total shipments. Available figures for 1951 (January-August, respectively) comparable with the present series are as follows (thous. dol.): Total shipments — 128,102;
117,025; 132,257; 122,925; 128,048; 121,382; 109,449; 116,225; industrial— 48,807; 44,938; 52,638; 47,892; 48,325; 45,348; 42,477; 45,409; trade— 79.295; 72,087; 79,619; 75,033; 79,723; 76,034; 66,972; 70,816.
§See note "1" in the February 1952 SURVEY and earlier issues regarding changes in classification and coverage beginning with data for January 1951.
J Unpublished revisions for January-July 1950 and 1951 for electric-power production will be shown later..
l sales data formerly expressed in cu. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue for
1932-44 w ill be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY; those for the first 2 quarters of 1951 will be shown later.
SUKVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-27
1952
1951
SC
m
ber "
October
November
December
January
February
March
April
May
June
July
August
Se
^m"
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
r
7,032
6, 841
r 6, 137
' 6, 291 rr 6, 971
>• 6, 607
7 326
Production
thous. of bbl
r
6 732
6. 411
6 447
6 995
r 6 089
»• 5 604 r 6 099
Tax-paid withdrawals
do
r
9,240
9, 303
r 9, 895
10, 521 ' 10, 212 ' 9, 505
10, 663
Stocks, end of month _
.
do Distilled spirits:
22, 147 * 34, 751 r 28, 420 r 19, 396 " 17, 033 r 15, 547
15, 009
Production
__
__thous. of tax gal
Consumption, apparent, for beverage purposes
22, 403
15, 958
19, 427
12,
038
12,
459
16, 877
14, 449
thous. of wine gal..
r
*• 7, 731
6, 588
r 7, 747
9, 757
Tax-paid withdrawals
thous. of tax gaL, r 11, 253 r 15, 673 ' 11,053
914, 577 ' 912, 263 r 917, 205 ' 925, 195 ' 932, 578 r 936, 420
940, 071
Stocks, end of month _
do
2,557
1,766
1,880
1, 696
1,254
1,210
1,515
Imports
thous. of proof gal
Whisky:
10, 322 *• 10, 961 »• 10, 465
8, 158
9,114
9,548
8, 648
Production
thous. of tax gal
9,129
r 6, 674
4,682
' 6, 888
4,095
' 4, 646
5, 536
Tax-paid withdrawals
do
760, 803
765, 029 r 767, 819 768, 745
755, 457 ' 754, 147 756, 521
Stocks, end of month
do
2,209
1,714
1,628
1,516
1,102
1,129
1,401
Imports
thous. of proof gal
Rectified spirits and wines, production, total c?
r
9, 550
* 7, 354
r 6, 091
' 5, 100
'r 7, 090
thous. of proof gal ._ ' 10, 382 ' 12, 645
' 8, 521
9, 501 * 11,271
6,516
4,348
' 5, 410
6, 186
Whiskv
do
Wines and distilling materials:
Sparkling wines:
r 47
67
80
141
55
118
'67
Production
_
__
thous. of wine gal
95
' 135
173
173
59
76
'61
Tax-paid withdrawalsdo 1, 585
1,316
' 1, 485 «• 1, 384
1, 365
«• 1, 354
1, 334
Stocks, end of month.
do__ _
72
115
43
98
41
27
31
Imports
do
Still wines:
r 29, 046 r 77, 505 ' 39, 137
' 8, 396 ' 2, 937
1, 462
1, 368
Production
do
r 9, 904 «• 11, 536 ' 12, 237 ' 10, 904 MO, 704 r 10, 630 «- 11,411
Tax-paid withdrawals
_ _ . _ __ do _
' 139, 442 ' 210, 561 ' 237, 592 ' 231, 617 ' 222, 569 r 210, 203 ' 199, 116
Stocks, end of month
do
269
424
538
605
391
292
416
Imports
do
T
6, 253
526
456
Distilling materials produced at wineries. ..do. ._ ' 73, 229 r 150, 630 ' 87, 330 r 25, 981
r
r
7 439
6 744
10, 891
r
' 14, 194
7 962
7 381
10, 941
8 975
8 412
' 10, 962
11, 642
* 8, 577
r
10 116
9 266
11, 190
8 634
8 159
11, 126
7 132
7 182
10, 597
6,444
6,453
9,837
14, 618
13, 119
13, 140
' 9, 721
r 9, 345
9,972
940, 432 r 937, 156
932, 414
1 326
1, 362
1 229
13, 432
8,006
929, 033
1 088
~1 1,509
921 480
8, 045
4,997
769, 763
1,208
6,793
4,546
769, 996
1,265
2 515
4,322
763, 490
1, 141
2 677
3,980
760, 079
979
3 208
6 204
754, 200
' 6, 944
6, 037
* 7, 422
' 7, 024
' 6 469 r 6 150
7,590
6 389
5, 936
4 785
8, 585
7 504
102
86
1,515
35
63
73
1, 503
28
100
78
1, 518
28
853
9.120
170 606
360
155
547
7,980
162 733
272
1,758
1 741
8,440
153 728
297
6,871
13, 905
r 9, 573
r 941, 057
1,315
201
69
1,458
31
r
129
71
1,510
36
1,644
1,640
10, 453
9,368
' 189, 087 r 181 416
427
365
'770
' 126
4 823
r
5, 026
767, 558
1,234
DAIRY PRODUCTS
Butter, creamery:
Production (factory) J
thous. of lb_.
Stocks, cold storage, end of month
do
Price, wholesale, 92-score (New York)_dol. pcrlb__
Cheese:
Production (factory), totalj
thous oflb
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^
Condensed (sweetened):
Bulk goods
thous oflb
Case goodsO
do
Evaporated (unsweetened), case goods .do
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous of Ib
Evaporated (unsweetened)
_ _
do
Exports:
Condensed (sweetened)
__ _
do
Evaporated (unsweetened")
_ _ d o ._
Prices, wholesale, U. S. average:
Condensed (sweetened)
dol. per case. _
Evaporated (unsweetened)
do
Fluid milk:
Production J
mil of Ib
Utilization in mfd. dairy products
do
Price, dealers', standard grade
dol. per 100 lb._
Dry milk:
Production: t
Dry whole milk _
thous. of Ib
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
Dry whole milk
Nonfat dry milk solids (human food)
do
Exports:
D r y whole milk _ _ _
__
do _
Nonfat dry milk solids (human food)
do_ _
Price, wholesale, nonfat dry milk solids (human
food), U. S. average
dol. per lb._
93, 638
113, 501
.682
86, 633
94,611
.707
68, 436
59, 349
.740
70, 397
27, 051
.791
77, 435
13, 874
.803
77, 250
7,879
.845
92, 030
6,505
.738
103, 780
10, 522
.714
134, 970
30, 821
.693
131,055
68, 616
.690
122, 490
99, 751
.714
r
108, 320
••111,400
.737
94, 885
110, 571
.732
93, 991
71, 643
272, 053
239, 500
3,588
83, 630
59, 756
259, 415
229, 561
3,288
65, 030
43, 358
232, 968
204, 683
4,095
66, 491
43, 684
222, 136
194, 784
3, 863
68, 760
46, 810
193,272
167, 824
4,895
70, 540
47, 210
166,040
142, 945
3,385
85, 735
58, 465
155, 195
133, 815
2,832
102 450
74, 410
158,949
139, 705
3,263
138 275
106 525
185, 927
164 654
1,904
139 475
109 245
217, 604
192 920
2,942
122 300
94 490
239, 632
211 477
3,873
r 112 370
r
85 340
r
253, 563
r
222 933
3,502
99
73
260,
228
.410
.424
.431
.449
.444
.429
.423
429
435
436
444
465
15, 067
4,721
' 195, 594
13,397
5, 206
166, 756
11,216
4,620
131,272
13, 636
6,191
141, 096
13, 600
6,550
157, 000
14, 100
6,025
164, 850
18, 000
7,400
205, 000
20 800
4, 500
261, 850
34 100
3 900
366, 100
25 200
4 725
347, 750
18 400
3 540
271, 500
21 650
3 650
276, 700
14 600
4 650
245, 625
5,878
501,412
6, 957
448, 008
8,777
357,311
9,185
225 988
6,585
140, 611
7,388
74, 505
8,237
76, 443
7 299
123, 180
8 195
225 802
9 540
390 517
7 975
417 013
7 842
480 266
8 354
408 805
2, 616
26, 573
1, 463
12, 590
1,124
4,277
1,262
6,048
6,856
5,731
3,215
7,025
4,729
5,676
2, 301
8,296
2, 656
8. 031
1 528
10, 351
2 321
10, 570
1 665
9 029
10.80
6.06
10.80
6.05
10.80
6.08
10.80
6.19
10.80
6.25
10.80
6.34
10.80
6.38
10.80
6. 39
10. 80
6 32
10. 80
6 30
10.80
6 33
10.80
6 38
10.80
6 39
9, 145
3,407
5.20
8,528
3,060
5.30
7.611
2,378
5.38
7,797
2,477
5.43
8,178
2,706
5.44
8 170
2,731
5.48
9 494
3,292
5.46
10 129
3 823
5.33
12 049
5 061
5.26
11 956
4 972
5.23
11 039
4 439
5.33
10 210
4 062
5.43
9 060
3 558
5.55
7, 338
r 44, 286
6, 005
36, 056
4,648
25, 502
6, 157
35,960
7, 325
45, 250
6,900
50, 345
9,000
67, 900
9, 860
82, 300
11 250
122, 300
13 150
116 900
9 750
85, 250
9 900
70' 500
6 175
50 590
25, 511
109, 868
23, 288
82, 219
19, 612
56, 548
17,917
42, 265
1 6, 765
29. 677
14 625
24, 327
13 343
34, 566
14 558
54, 691
16 785
108, 457
18 916
150, 703
r 21 385
161,821
23 602
167, 576
22 306
153, 634
2,835
2,675
3,836
2,139
5, 598
2.994
4, 932
2,508
3, 663
1,639
3, 494
7,908
5,371
4,305
2,499
4,415
2 842
9,839
5 118
2,303
3 453
3, 567
2 921
5,824
.149
.147
.150
.151
.152
.156
.159
.163
.163
.163
M65
.165
.436
235
905
454
741
.167
FRUITS AND VEGETABLES
Apples:
i 110. 660
Production (crop estimate)
thous. of bu._
2 95, 975
9
1J27
2, 856 """2,449"
2"047"
4," 163"
3," 637"
2"008~
Shiprnents, carlot
no. of carloads
1~450"
935
83
40s"
283
1 395
7, 684
28, 000
22, 113
28, 375
5,983
2, 894
16, 014
10. 753
Stocks, cold storage, end of month ._ thous. of bu._
1, 037
282
153
'238
5, 615
6,332
6,201
11,839
7,727
10, 472
Citrus fruits, carlot shipments
no. of carloads. 11, 548
11,397
11,218
12, 605
9.561
5, 941
9,709
5,091
Frozen fruits, stocks, cold storage, end of month
489, 932
571. 229
496, 386
465, 137
thous. of lb._ 599, 766
471, 101 466, 735
475, 636
580, 264
537, 679
593, 518 ' 578, 699 553, 650
Frozen vegetables, stocks, cold storage, end of
554, 175
522, 076
498, 340
444, 409
398, 699
348, 023
month
thous. of lb__ 515, 766
313, 708
336, 911 385, 494 r 463, Oil 524, 406
301, 739
Potatoes, white:
1
2
325,
708
Production (crop estimate)!
thous. of bu._
345, 561
19 354"
16, 378 ~~~I8," 556" ~~~22,"043" ~~~24~ 138"
13, 534 ~~~12~825" ~~~24~094~
Shipments, carlot
no. of carloads. ~~"I2,373 """I8," 289" "" "19,079"
13 037
15 930
Price, wholesale, U. S. No. 1 (New York)
4.171
3.865
4.736
5.540
6.875
dol. per 100 lb._
6.660
6.025
5.820
4.844
5.570
6.708
7.025
6.187
r
Revised
1 December 1 estimate.
2 October 1 estimate.
cf Figures beginning July 1952 exclude production of wines and vermouth; for July 1951-June 1952, such production totaled 91,000 gallons.
^Revisions for production of dairy products prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for
condensed ana evaporated milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later. Revised estimates for production of potatoes for 1944-49 are
shown in corresponding note in the September 1952 SURVEY.
©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.
SUEVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1951
September
October
1952
November
December
January
F
U
ary ~
March
A
P
ril
May
June
July
| August
^ber™'
FOODSTUFFS AND TOBACCO— Continued
GRAIN AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu
Barley:
Production (crop estimate) t
do
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial
do
On farmsj
do
Exports, including malt- _ _ _ .
do- _
Prices, wholesale (Minneapolis):
No 2, malting
dol. per bu
No. 3, straight
do
Com:
Production (crop estimate) t
mil of bu
Grindings, wet process
thous. of b u _ _
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial _
_ _ _ _ _ do. _ .
On farmst
mil. of bu
Exports, including meal
thous. of bu
Prices, wholesale:
No. 3, white (Chicago)
dol. per bu
No 3 yellow (Chicago)
do
Weighted average, 5 markets, all grades^ do
48, 627
Rve:
Production (crop estimate)J
thous o f b u
Receipts principal markets!
do
Stocks, commercial, domestic, end of month-do
Price, wholesale, No. 2 (Minn.)
dol. per b u _ _
48, 220
54, 242
54, 902
68, 928
50, 863
52. 905
37, 529
28, 794
35, 649
254 668
8,039
9,710
9,481
7,787
7,194
7 909
6 172
10 110
23, 234
222 476
11 264
25, 483
124 287
2,995
22, 042
21, 005
14 646
14 798
38 430
14 861
17 899
2,305
1,187
880
20 085
126 049
3, 903
19,160
78 131
4,024
16, 385
930
3, 560
5, 575
2
12 411
10, 200
11,518
28, 254
171 419
4,056
27, 704
26, 779
1,554
1,385
1.434
1.292
1. 542
1.389
1.652
1.481
1.593
1.440
1. 638
1.471
1 549
1.407
1.492
1.331
1.423
1.308
1 443
1.234
1 530
1.316
1 612
1. 430
1 709
1.648
1 626
1. 480
9,289
21, 578
10, 424
24, 565
10,774
33, 948
i 2 941
9, 238
34,498
10,858
44, 823
10, 002
32, 248
10, 486
27, 248
10, 745
18,316
10, 487
17, 358
9, 964
20, 041
9, 557
14, 293
10. 194
18, 206
2 3 257
11,006
2i, 567
32, 785
3 312. 9
4,188
38, 497
47, 299
58, 785
63, 788
40, 741
17, 167
8,197
4,521
7, 532
6,859
32, 526
609. 2
4,237
20 772
6,158
61, 849
1,067.8
10, 437
50, 173
5,161
3, 3l4
2,854
1.795
1.801
1.712
1.798
1.782
1.709
1. 762
1.828
1.680
(4)
1.913
1.597
1.998
1.802
1.587
(4)
1.847
1.637
1.868
1.818
1.731
(4)
(4)
(4)
7,503
9,224
i 1,316
9,450
6,420
5,826
6,805
31,507
28, 173
149
504
26, 931
841 889
11,785
516, 603
.918
1.071
51,394
1,919.3
10, 165
(4)
1. 926
1.699
21, 186
17, 065
254
208
503
1.045
.992
.912
2
31,647
18, 109
190, 887
44,418
94,417
77, 966
89, 767
76, 982
6,602
11,715
9,130
21, 604
22, 030
2 1 266
10, 705
16,038
244 646
24, 101
30,814
378
328
319
34, 204
1 00? 436
.833
.829
.865
9,057
12, 046
778
215
.931
5S8
.887
.908
3
1.808
1.735
1.808
1. 764
120, 540
80, 214
131,132
129, 926
120, 622
73, 485
50, 534
65, 063
28, 695
36, 124
23. 302
41,993
12. 593
3,298
7,276
12, 153
.104
90, 071
77, 352
76, 825
42, 642
54, 187
25, 175
32, 838
48, 200
30, 032
330, 758
186, 612
199 749
177,402
209 432
158, 633
125,522
125, 513
129, 682
181,874
187, 253
217,515
134 497
277 223
91,122
211,604
11,757
108, 570
383, 344
133 772
.083
697, 198
157 879
.090
719,664
191,466
.094
676, 066
87 408
.096
642, 963
89 502
.100
598, 059
193,280
.105
511,299
104, 199
.105
442, 860
129 517
.105
285, 248
259 380
.105
153, 772
121 058
.105
61,979
141 312
.105
51 859
.105
2,330
6,183
1.659
1,381
6,471
1.817
806
i 21,410
1,267
6. 344
2.051
741
636
1.163
1.995
1. 928
547
6, 136
2.036
5,844
1.915
480
6, 217
1.933
1,278
2.038
2,449
1,568
1.972
1,770
3, 210
1.951
2.442
2.383
2.402
2.341
209, 143
224, 941
202, 464
218, 333
856 807
199,947
33, 573
30 136
39, 600
35 186
201,979
113,007
339, 336
34, 807
29 383
2.517
2.452
2.488
2.404
2.597
2.540
2. 565
2.472
2. 568
2.541
2.625
2.488
864
5,321
2.027
2, 825
1.945
106, 067
74, 247
33, 526
102, 340
223, 849
.920
65 414
35, 882
980, 355
295, 248
35, 730
1 760
1.716
2
23, 127
47, 284
(4)
1.900
1.830
1.763
551 420
191 062
' 987. 5
i1 342.0
645 5
32, 396
281 351
18,186
173.6
1 S42
1. 756
i 97, 344
Wheat:
Production (crop estimate) totalj
mil o f b u
Spring wheat
do
Winter wheat
do
60, 975
Receipts, principal markets
thous. of b u _ _
262 843
Disappearance domestic!
do
Stocks, end of month:
164. 425
Canada (Canadian wheat)
do
United States domestic totaled
do
1 128 064
Commercial
do
238, 443
Interior mills, elevators, and warehouses r
273 021
thous of bu
131 963
M^er chant mills
do
r
480, 847
On farmsj
do
39 839
Exports total including
flour
do
35 482
\Vheat only
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per b u _ _
No. 2, hard winter (Kansas City)
do
No 2, red winter (St. Louis)
do
Weighted avg., 6 markets, all grades
do
47, 647
1
Oats:
Production (crop estimate) i
mil of bu
15. 684
Receipts, principal markets
thous. of b u _ _
Stocks, domestic, end of month:
33,213
Commercial
do
1,103 455
On farms!
do
543
Exports, including oatmeal
do
Price, wholesale, No. 3, white (Chicago), dol. perbu._
.856
Rice:
Production (crop estimate) t
thous. of bu
California:
Receipts domestic rough
thous. of Ib
Shipments from mills, milled rice
_ ^do
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of lb__
Southern States (Ark., La,, Tenn., Tex.):
Receipts rou^h at mills
thous oflb
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of month
thous. of Ib
Exports
do
Price, wholesale, head, clean (N. O.)__dol. per l b _ _
40, 441
26, 284
29, 072
24, 341
341, 735
22, 191
23, 598
216,427
213. 163
208, 850
144, 640
206, 068
521,519
124, 865
202, 564
163, 161
101,851
88, 954
44, 900
41 297
46, 780
42, 139
112,357
80, 760
201, 500
53, 349
49, 049
39, 759
36 154
2.546
2.519
2. 555
2.471
2.505
2.492
2.547
2.422
2. 540
2. 496
2.492
2.436
2.503
2.492
2.440
2.414
87, 348
274 971
T3
r
199, 056
256,964
3 93, 924
2 15 759
149, 329
59, 153
189, 545
183, 353
279, 426
308, 618
41 733
38 565
2 57, 879
3 39, 568
3 64, 449
31,812
27, 602
21,417
17, 232
26,831
23,385
2. 485
2.446
(4)
2.405
2.505
2.306
2.104
2.350
2.547
2. 251
2. 154
2.314
2.447
2. 323
2.211
2.413
815
3, 285
1.861
2 1,2 298. 9
236 3
2 i 06? 6
43, 666
221 963
206, 608
1,341,932
313, 561
367, 764
149 271
507, 015
2.470
2.409
2.288
2.474
Wheat flour:
Production:
19, 099
19, 714
21,212
18. 519
17, 920
18, 065
18, 101
18, 386
21,055
19, 177
19, 876
17, 599
18 795
Flour
thous of sacks (100 Ib.)
78.2
79.1
84.7
86.4
76.5
73.6
77.5
82.0
82.2
84.4
75.3
82.3
88.5
Operations percent of capacity
__
362. 804
364, 216
376, 243
352. 881
367, 535
387, 693
386, 219
403, 215
429, 296
456, 496
397, 000
375, 647
Offal
_ _short toris__ 377, 944
44, 530
42, 025
42, 217
42, 234
44, 698
45, 901
43, 337
49, 342
41,096
46, 684
43, 333
49, 683
43, 789
Grindings of wheat
thous. of bu__
Stocks held by mills, end of month
4,701
5.033
4,360
4,834
4,712
thous of sacks (100 Ib.)
1,796
1,992
1,845
1,547
1,807
1,479
1,546
1,475
1,895
2.328
1,360
1,870
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)*
5.675
5.590
6.044
5.720
5.630
5.505
5.387
5.935
5.865
5.585
5.885
6. 138
5.894
dol. per sack (100 Ib.)
5.225
5.325
5.225
5.600
5.500
5.380
5.650
5.850
5.710
5.600
5.575
5.713
Winter, har d , short patents (Kansas City) * . . do _ _ 5.690
2
r
* December 1 estimate..
October 1 estimate.
Revised.
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.
JThe indicated grain series have been revised as follows: Production— barley, corn, oats, 1944-49; rye, wheat, 1945-49; rice, 1949; stocks on farms— barley, corn, oats, 1944-49; wheat, 1945-49;
domestic disappearance of wheat and total United States stocks of domestic wheat, 1945-49. All revisions will be shown later.
fRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, see
note marked "f" on p. S-28 of the October 1951 SURVEY.
c^The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
*New series. Data prior to February 1951 will be shown later.
SURVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-29
1951
September
October
1952
November
December
January
February
March
May
April
June
July
August
September
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected) :
Calves
thous. of animals
Cattle
do
Receipts, principal markets
do
Shipments, feeder, to 8 corn-belt States
do _
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 lb.
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 lbHog-corn 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 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb._
Lambs, feeder, good and choice (Omaha) --do
373
956
2 307
515
500
1 140
2 928
893
457
1 122
2 063
460
344
998
1 533
200
382
1 096
1 648
133
343
985
1 481
458
397
927
1 473
'l43
36.99
31.90
36.25
36 75
31.97
37 10
36 29
31.63
36 00
34 59
30.45
36 00
34 25
31.19
36 50
33 78
32.06
37 00
33 41
31.99
38 50
33.39
4,398
2,743
5,651
3,460
6,531
4 098
6,912
4 174
6,835
4 373
5,779
3 626
19.62
20.09
18.30
17.74
17.42
'12.0
12.4
11.1
10.4
827
1,821
703
1,084
2,152
822
922
1 157
305
31.25
32.64
31.00
32.00
1,374
550
56
553, 317
102, 301
2,643
405
938
1 581
388
1 009
1 593
392
966
1,584
430
426
496
1 100
1,898
1 135
1,215
2,641
32.52
32.19
32.00
31.51
2,078
338
185
563
155
152
32.22
37.00
33.29
32.06
36.75
34.50
32.53
25.24
32.00
5,776
3 561
5,281
3,163
4,482
2,800
4,259
3,641
2,771
2,268
3,592
2,203
4,290
2,540
17.07
16.56
16.58
19.61
• 19.25
19.96
19.98
19.11
10.4
10.4
10.1
9.8
11.8
11.2
11.6
12.1
11.2
810
946
119
1,042
1 150
123
990
971
109
941
1 068
131
939
1 070
141
926
1 045
133
908
1,067
176
1,020
1,455
479
1,243
2,119
722
31 00
31.31
30 75
30.50
30 25
0)
28 00
0)
28.12
28.38
0)
28.38
24.25
28.62
24.63
25.50
0)
1,668
531
44
1, 841
r 727
87
1,866
966
108
1,977
1 146
113
1,715
1 264
115
1,656
1 313
1,527
686
648, 917
135, 560
892
645, 256
198, 647
2 189
585,399
234, 679
850
656, 307
256, 247
660
593, 420
265, 700
1 006
557, 237
267, 437
1 116
128
31.32
971
988
119 \
28.88
26 88
(0
0)
27.21
25.17
23.57
23.10
MEATS
Total meats (including lard) :
Production (inspected slaughter)
mil. of lb._
Stocks, cold storage, end of month
do __
Exports
do
Beef and veal:
Production (inspected slaughter)
thous. of lb..
Stocks, cold storage, end of month
do
Exports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb._
Lamb and mutton:
Production (inspected slaughter)
thous. of lb_.
Stocks, cold storage, end of month
do
Pork, including lard, production
(inspected
slaughter)
thous. of lb_ Pork, excluding lard:
Production (inspected slaughter)
do
Stocks, cold storage, end of month
do_ __
Exports
do
Prices, wholesale:
Hams, smoked, composite
dol. perlb..
Fresh loins, 8-12 Ib. average (New York)_-do
Lard:
Production (inspected slaughter)
thous. of lb_.
Stocks cold storage end of month
do _ _
Exports
do
Price, wholesale, refined (Chicago) T _-dol. per lb__
1,476
1 201
1,395
825
62
1,444
1 161
1,418
983
65
44
49
50
566, 992
252, 350
892
610, 297
224, 432
1 636
582,712
201, 504
1,531
659, 036
171, 444
1,666
1,557
1 320
94
r
669, 445
167, 437
1,240
713, 624
179, 754
.594
.601
599
579
571
562
560
.564
559
.540
.534
.559
.562
36, 652
7 227
47, 490
9 767
42, 803
12 536
37, 915
13 720
50, 536
13 840
48, 986
13 532
48, 201
14 896
45, 703
13 067
45, 306
16 141
41, 392
14 902
38, 601
11 814
43, 880
11 318
52, 839
12 284
944, 623
820, 518
819, 934
720, 191
681, 586
760, 409
594 319
727 665
8 655
601 250
685, 033
9 285
525 855
542, 707
10 833
506, 990
407, 558
5 892
571 228
286, 181
784, 336
971, 381 1, 153, 267 1, 242. 339 I, 269, 791 1, 072, 252 1, 050. 706
579, 276
325, 959
5,753
718, 673
276, 255
8 899
850 917
381 870
7 484
905 863
548 604
11 257
.568
.559
.574
.557
.549
.460
149, 769
28, 372
41 753
.208
184,705
31, 344
29 808
.209
Q
931 607
704 992
10 337
771 472
793 870
7 675
759 57
822' 006
8 512
682 678
823, 741
7 997
.544
.427
.546
.433
.527
.423
.526
.448
.531
.430
.531
.550
.569
.535
.585
.552
221, 097
39 229
70 076
.180
246, 363
53 614
88 194
.190
248, 037
49 284
96 445
.175
220, 934
53 816
100 339
.175
213, 346
70 803
79 627
.153
191,803
165, 818
105 749
46 395
.145
160, 274
132 041
29 038
.145
141,823
88 821
51 552
.145
77, 471
259, 920
.261
87, 278
309, 943
.248
76, 887
302, 151
.284
35, 651
300, 000
.275
35, 067
270, 397
.295
42, 273
232, 832
.295
41, 462
194, 965
.258
58, 058
185, 688
.225
52, 212
174, 040
.218
47, 806
157, 045
.215
4,240
370
4 345
357
4 793
429
5 409
894
5 716
1 681
6 441
2 325
6 191
2 220
5 983
2 037
5 032
1 427
4 463
1 571
527
121, 592
230
95 143
141
67 200
238
53 065
942
60 576
1,596
84 295
2, 184
111 185
3,184
145 863
166 419
163 359
.669
.664
.496
.398
.364
.382
.396
.359
.404
.525
132 583
32 421
.140
r
r
.616
.612
.565
.569
127, 696
138, 047
' 124, 296 106, 683
37, 288
.138
.143
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of lb._
63, 264
Stocks, cold storage, end of month
do
166, 242
Price, wholesale, live fowls (Chicago) §-dol. per lb_.
.276
Eggs:
Production, farm
. millions
3,943
Dried egg production
thous of Ib
468
Stocks, cold storage, end of month:
958
Shell
thous. of cases. .
Frozen
thous. of lb._ 151, 293
Price, wholesale, extras, large (Chicago)
dol. per doz__
.630
1
3,357
2,728
r
r
52, 536
144, 508
.235
64, 955
182, 690
.245
4,155
1 140
4 108
1 069
r
2, 169
144 326
1,692
121 754
.553
.553
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales*...thous. of dol__
97, 000
111, 000
111, 000
60,948
99, 443
89, 249
60, 318
47, 200
54, 335
84, 067
93, 000
74,423
78, 125
Cocoa:
9,622
Imports _ ._
. _ _ long tons. .
6,090
15, 555
27 023
16, 747
32, 672
12, 977
9,043
28, 764
28, 764
30 307
24, 020
.341
.321
Price, wholesale, Accra (New Y9rk)_-dol. per lb._
.295
.381
.326
.331
.384
.354
i358
.381
.378
.333
.384
Coffee:
1,482
1,792
Clearances from Brazil, total.
thous. of bags..
1,725
1,609
1,604
1,455
1,331
953
1,177
1,015
1,024
1,601
1,521
962
To United States
_. ..
do _
1,089
1,008
871
945
924
719
758
566
626
624
899
1 045
619
562
Visible supply, United StatesJ
do
736
689
658
955
579
850
691
756
605
889
966
r i 973
1,217
1,882
Imports
do
1,742
r 2 280
2 048
1 454
2 042
1 126
1 707
1 227
1 408
Price, wholesale, Santos, No. 4 (New York)
dol. per lb_.
.543
.545
.543
.550
.541
.550
.535
.548
.545
.533
.545
.548
.530
Fish:
54, 520
Landings fresh fish Sports
thous. of lb_.
50, 468
23, 139
38, 843
29 224
25 946
64
754
37 963
51 478
76
851
58 606
72 504
166, 100
Stocks, cold storage, end of month
do
171, 924
179, 135
148, 113
168, 792
125, 704
113, 996
123, 762
152, 396
176, 254
113, 544
183, 826
189, 208
r
Revised.
1 No quotation.
§ Series revised to represent quotations for heavy type.
*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate products. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location. Revised data for
January 1949-June 1951 are shown in corresponding note in the September 1952 SURVEY.
tFor revised data for July 1949-October 1950, see note marked "J" on p. S-29 of the January 1952 SURVEY.
SUKVEY OF CUEEENT BUSINESS
S-30
November 1952
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September
November
October
December
January
February
March
April
May
June
July
August
September
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS—Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons__
United States:
Deliveries and supply (raw basis) :
Production and receiptsProduction
short tons _
Entries from off-shore
do
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, refined sugar
short tons. _
Imports:
Raw sugar, total
do _.
From Cuba
do
From Philippine Islands
do
Refined sugar, total
From Cuba
Prices (New York) :
Raw, wholesale
Refined:
Retail
Wholesale
Tea, imports
,
T
r
do __
. do
dol per Ib
dol per 5 Ib
dol per Ib
thous. of lb.
TOBACCO
Leaf:
Production (crop estimate) J
_ mil.oflb
Stocks, dealers' and manufacturers', end of quarter, total
mil. of lb_
Domestic:
Cigar leaf
_
do._
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil. of lb_
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports, including scrap and stems
thous. of lb_
Imports, including scrap and stems
do
Manufactured products:
Production, manufactured tobacco, total. . do
Chewing, plug, and twist
do
Smoking.
_ .__
do
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-free
_ _ millions
Tax-paid
_
do
Cigars (large), tax-paid
.thousands
Manufactured tobacco and snuff, tax-paid
thous. of lb.
Exports, cigarettes
_ .
_ _ .millions
Price, whosesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination*
dol. per thous.
1,602
952
577
427
718
1,883
3,033
4,033
4,423
4,388
3,970
3,645
3,320
98, 067
396 322
111, 020
484, 289
444, 726
92, 575
627, 848
314, 637
102, 389
472, 810
164, 866
155, 925
84, 442
364, 959
72, 083
32, 439
293, 390
40, 217
24, 680
692, 525
221, 145
29, 006
596, 991
180 047
18, 150
673, 682
200 747
46, 465
503, 896
142, 458
34, 190
617, 564
167, 422
9,971
573, 936
177, 671
91 126
725 621
237 299
646, 784
644, 579
2,205
678, 741
676, 573
2,168
546, 529
544, 224
2 305
556, 802
536, 614
20, 188
581, 376
578, 699
2 677
544 553
542, 900
1 653
862 480
860, 405
2 075
612 641
608 995
3 646
596 990
595, 062
1 928
896 355
894, 103
2 252,
758, 308
755,061
3,247
734, 684
731, 376
3,308
744 355
742 146
2 209
'956
2,011
1,169
1,470
1,540
1,005
1,756
18, 264
1, 613
867
1,473
1,122
1,241
11, 522
1,283
25, 423
1,400
31 620
1,114
28, 369
917
6,116
831
2,525
697
252, 570
212 522
40, 041
242, 519
226 799
11,984
237, 419
226 225
11, 191
75, 340
74 217
1 120
246, 416
223 704
22 708
275, 173
232 234
42, 938
398, 577
307 151
91, 394
344, 860
281 355
62 886
436 800
310 072
126 728
358 007
198 421
159 587
356, 970
208 611
148, 359
345, 357
245, 485
82, 308
28. 013
28, 013
45, 251
45, 251
4,426
4,424
1
0
10, 221
10, 220
22, 073
21, 873
27, 245
26, 895
52 053
51, 403
31 464
30, 664
36 198
35, 524
38, 106
33,287
43, 038
41, 012
060
059
.060
058
058
059
063
062
062
066
066
066
065
.496
.083
5,835
.486
.081
4,945
.482
.081
5,842
482
.081
6,713
483
.081
7,769
480
.080
6,659
476
.080
9,855
489
.085
8,798
492
085
7,132
492
085
7,044
494
.086
8,482
.494
.086
8,095
495
086
f
2
i 2, 328
4,271
3,760
4,245
2 235
3,826
373
350
402
385
3,203
3,732
3,648
3,243
17
166
74, 746
8, £03
87, 519
13, 702
60, 337
10, 303
18
170
60, 623
5,734
33, 836
8,572
29, 752
8,862
19
176
25, 891
7,466
18, 126
7,685
27, 078
8,978
19
179
27, 497
7,987
26, 087
8,966
34, 730
9,619
19, 777
7,049
9,669
3,060
18, 292
7,120
8,017
3,154
20, 624
7,853
9,243
3,528
14, 958
5,739
6,018
3,201
19, 884
7,516
8,619
3,749
18, 553
7,253
7,826
3,473
17, 912
6,705
7,729
3,478
18, 048
6,898
7,852
3,298
18, 892
7,328
8,456
3,109
18, 444
7,324
7,995
3,126
16, 319
6,827
7,230
2,263
18, 554
7,011
8,373
3 170
2,773
30, 800
490, 938
3,416
37, 477
590, 616
3,708
33, 994
554, 341
3,508
23, 847
367, 906
4,141
33, 133
494, 556
2,974
29, 308
446, 560
3,107
29, 878
478, 101
2,889
31, 774
491, 964
3,348
32, 920
496, 512
2,365
34, 511
496, 450
2,833
33, 837
504, 045
4,366
35, 972
485, 006
35 275
526, 696
19, 486
1,443
14, 374
1,208
24, 005
1,742
14, 353
1,443
19, 450
1,517
18, 490
1,215
16, 759
1,566
18, 076
941
18, 331
1,492
18, 443
1,043
15, 744
1,329
18, 787
1,810
19, 287
3.555
3.555
3.555
3.555
3.555
3.555
3.555
3.555
3.555
3.555
3.555
3.555
3. 555
r
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinsj
thous. of lb_.
Calf and kip skins
- thous. of pieces. _
Cattle hides!-- -do.__
Goatskinst _
do
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins, packer, heavy, 9^£/15 Ibs.* dol. per lb_.
Hides, steer, heavy, native, over 53 Ibs.* do
25, 956
78
187
1,931
5,755
21, 212
105
202
1,814
2,358
13, 057
78
158
1,821
925
11, 426
110
116
1,864
1,133
12, 972
81
186
2,367
668
10, 717
26
109
1,613
880
10, 388
27
74
1,770
1,998
16, 447
169
128
1,812
3,228
12, 771
127
239
2,015
1,565
19, 148
164
133
2,419
4,224
19, 460
211
232
3,416
1,903
16, 003
209
75
2 648
2 520
.486
.323
.475
.310
.399
.216
.379
.188
.400
.140
.375
.133
.325
.128
.275
.103
.388
.143
.388
.148
.425
.155
.450
.175
.450
.160
LEATHER
Production:
605
717
805
732
567
601
792
490
769
Calf and kip. _ _
thous. of skins
703
685
914
1,862
1,753
1,646
1,861
1,555
1,750
1,782
1,880
1,827
Cattle hide
thous. of hides
1,880
1,610
1 909
r
2,614
2,513
2,019
2,066
2,430
1,847
1,842
2,337
2,440
2,417
Goat and kid ...
thous. of skins. .
2, 595
2 293
2,279
1,881
2,047
2,159
1,672
2,137
2,102
2,081
2,291
2,315
1 911
Sheep and lamb
do
2 718
Exports:
Sole leather:
27
3
17
8
18
18
16
60
10
25
Bends, backs, and sides
thous. of lb_.
56
39
82
43
113
76
89
17
7
49
35
20
Offal, including belting offal
do__ .
73
45
2,482
2,621
2,321
1,925
1,118
1,549
1,706
2,587
2,436
2,270
2,134
Upper leather ._ _ _ __
thous. of sq. ft. _
2,747
Prices, wholesale:
.780
3.740
.780
.760
.710
.800
.930
.670
.705
.670
Sole, bends, light, f. o. b. tannery *.._ dol. per lb._
.705
.695
.710
Upper, chrome calf, B and C grades, f. o. b. tan3.842
.808
.787
.842
.906
.807
.805
.835
.955
.848
.873
nery*
dol. per sq. ft__
.890
.928
r
!
2
3
Revised.
December 1 estimate.
October 1 estimate.
Specification changed; earlier data not strictly comparable.
^Revisions for tobacco (1944-49) are shown in note marked "§" in the September 1952 SURVEY; those for the indicated series for hides and skins (1950) in note marked "J" in the October
1951 issue.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics; data prior to August 1951 for sole leather and prior to February 1951 for upper will be shown later.
SURVEY OF CURRENT BUSINESS
November 1952
S-31
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
October
November
Decembcr
I
January Febru-
March
April
May
June
July
August
septei
Septeinber
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers :t
Production total
thous of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs
By types of uppers:^
\lfleather
do
Fart leather and nonleather
do
By kinds:
Men's
do
Youths' and boys'
do
Women's,
__ _
_._ _do _.
Misses' and children's
do
Infants' and babies'
do
Slippers for housewear
do
Athletic
do
Other footwear
do
Exports §
do
Prices, wholesale, f. o. b. factory:*
Men's and boys' oxfords, dress, cattle hide
upper, Goodyear welt
dol. per pair..
Women's oxfords (nurses'), side upper, Goodyear welt
dol. per pair
Women's and misses' pumps, suede split do
36 130
38 783
34 884
32 227
41 306
42 518
43 967
43 082
41 436
39 747
38 520
46 522
30, 844
32, 822
29, 462
28, 794
38, 290
39, 133
40, 142
38, 879
37, 248
35, 408
33, 946
40, 703
26. 862
3 105
29, 450
3, 372
26, 262
3,200
25, 51 1
3, 283
33, 694
4,596
34, 081
5,052
34, 408
5,734
32, 658
6,221
31,536
5,712
30, 735
4,673
29, 938
4,008
36,385
4,318
7 969
1,258
15, 580
3, 800
2 237
4, 660
189
437
283
8,755
1,319
15, 713
4, 321
2,714
5, 395
205
361
229
7, 739
1,097
13,711
4,290
2, 625
4, 930
180
312
359
7, 023
1 , 068
13, 740
4, 356
2. 607
3, 032
176
225
302
8,577
1.263
19, 676
5, 623
3,151
2,511
216
289
219
8,541
1,371
20, 365
5, 667
3,189
2, 851
233
301
321
8, 531
1,374
21,191
5, 785
3, 261
3,277
223
325
400
8, 613
1, 369
20, 363
5,292
3,242
3, 647
216
340
386
8,462
1,492
18, 973
5, 168
3, 1 53
3, 626
209
353
352
8,279
1 , 586
17, 926
4, 728
2,889
3,816
181
342
280
7,256
1,485
18, 385
4,393
2,427
4,070
169
335
246
8, 986
1, 949
21, 910
5, 135
2, 723
5,249
234
366
,331
5.760
5.623
5.586
5.523
5.523
5.523
5.523
5.311
5. 126
5.126
5.126
5. 126
5. 126
5. 037
3. 933
4. 836
3.933
4.711
3.933
4.678
3.890
4.678
3.801
4. 861
3.767
4.861
4.678
4.646
4.646
3.700
4.479
3.700
4. 479
3 700
4.479
3. 700
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products
M bd. ft
Imports, total sawmill products
do
National Lumber Manufacturers Association:©
Production, total
mil. bd. f t _ _
Hardwoods
do
Softwoods
do
Shipments, total
do
Hardwoods
_.
_ __ do
Softwoods
do
Stocks, gross (mill and concentration yards), end
of month, total
mil. bd. ft
Hardwoods
do
Softwoods
do
SOFTWOODS
Douglas fir:©
Orders, new
do
Orders, unfilled, end of month _ _ _ _
do
Production
do
Shipments
do
Stocks, gross, mill, end of month
do
Exports, total sawmill products _M bd. ft
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, No. 1 common, 2" x 4", R. L.
dol. per M bd. ft..
Flooring, B and better, F. G., I" x 4", R. L.
dol. per M bd. ft..
Southern pine:©
Orders, new
mil. bd. ft
Orders, unfilled, end of month
«
do
Production
do
Shipments
.
do
Stocks, gross (mill and concentration yards), end
of month
mil bd ft
Exports, total sawmill products
M bd. ft
Sawed timber
do
Boards, planks, scantlings, etc - -do __
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6" x R. L.*
dol. per M bd. ft
Flooring, B and better, F. G., 1" x 4" x S/L*
dol. per M bd. f t _ _
Western pine:©
Orders, new
mil. bd. ft
Orders, unfilled, end of month _
.
do
Production
do
Shipments
do
Stocks, gross, mil], end of month
_ _ _ do
Price, wholesale, Ponderosa, boards, No. 3 common, 1" x 8"
dol. per M bd. ft
76, 371
206 518
106, 032
232 368
81, 223
213, 663
80, 437
160 885
i 45, 873
142,814
94, 248
168, 653
69, 868
203, 316
75, 651
190, 425
68, 990
209, 112
61,137
221,006
47, 533
183, 140
65, 135
200 342
3, 059
645
2 414
2, 805
496
2,309
3, 262
640
2 622
3,194
565
2,629
2,978
593
2, 385
2, 950
597
2,353
2,494
558
1,936
2,402
518
1,884
2,743
567
2, 176
2,777
574
2,203
2, 805
626
2,179
2,879
631
2,248
2, 958
670
2,288
2,950
645
2, 305
3,162
612
2,550
3,217
612
2,605
3,030
604
2, 426
2,996
604
2,392
3,158
614
2, 544
2,999
558
2,441
3,196
630
2,566
3,030
569
2,461
3, 398
705
2 693
3,305
656
2,649
3, 460
701
2 763
3, 450
685
2, 764
7, 930
2 843
5,087
7,998
2 917
5,081
8, 025
2,913
5,112
8,110
2, 952
5,158
8, 206
3, 082
5,124
8,127
3, 077
5,050
8,106
3,075
5,031
8,016
3,075
4,941
8, 046
3, 075
4,971
8,204
3,131
5,073
8, 343
3,192
5,151
8,436
3 241
5, 195
8,451
3 256
5,194
815
988
844
798
893
38, 438
7,421
31,017
884
946
909
913
888
47, 677
20, 823
26, 854
738
828
831
844
875
43, 714
21, 143
22, 600
755
904
717
668
924
43, 652
14, 856
28, 796
883
1,030
799
752
971
15, 250
9, 110
6.140
814
1,001
830
833
968
55, 541
17, 657
37, 884
806
961
860
835
993
37, 254
9,292
27, 962
906
904
919
949
903
43, 300
19, 090
24, 210
727
848
746
771
878
32, 496
10, 498
21, 998
775
828
829
784
923
31, 621
7,121
24, 500
900
990
778
727
948
19, 542
8, 886
10, 656
865
921
920
920
948
36, 450
12 369
24, 081
913
812
961
1,007
902
82. 212
82. 648
81.741
81.368
81. 508
82. 467
82. 887
85. 239
84. 840
84. 840
86. 303
129. 842
129. 842
128. 617
128. 209
126. 575
126. 575
125. 432
125. 759
124. 942
122. 868
121. 234
r 120. 418
120.418
707
370
632
666
772
381
692
761
604
337
660
648
522
310
595
549
748
312
791
746
712
327
707
697
700
318
688
709
744
300
758
762
749
296
780
753
752
334
699
714
756
325
735
764
759
365
705
720
776
372
747
769
1,587
14, 292
2,336
11, 956
1 518
16, 996
3,522
13, 474
1 530
9, 505
2,714
6,791
1 576
11,665
3,725
7, 940
1,621
8,878
1,390
7,488
1,631
11,975
2,595
9,380
1,610
10, 278
2,400
7,878
1,606
10, 276
1,364
8,912
1,633
11.025
5,673
5,352
1,618
8,150
1,993
6, 157
1,589
6,477
1,928
4,549
1 574
5 985
1, 351
4, 634
1 552
80. 260
» 81. 496
156. 068 »• 158. 322
158. 322
78. 915
79. 735
80. 612
80. 797
80. 642
80. 196
79. 765
79. 676
79. 662
78. 815
155. 061
155. 061
155. 061
155. 061
155.061
155. 061
155. 061
155. 061
155. 061
155. 406
655
714
642
574
1,803
699
745
698
646
1,857
594
714
602
579
1,879
496
716
393
447
1,820
552
684
335
454
1, 690
490
472
365
441
1,609
498
465
451
473
1,585
608
602
564
579
1,594
609
501
592
571
1,615
680
548
698
633
1,680
739
610
753
678
1,755
78.97
78.85
78.17
78.74
78.58
79.22
80.39
82.10
82.28
83.51
83.50
243, 039
235, 705
98, 984
269,140
257, 872
110, 150
187, 341
189, 508
108, 524
176, 257
195, 384
88, 454
244,011
238,911
92, 577
253, 003
260, 815
85, 003
269, 857
269, 732
85, 350
282, 864
282, 070
85, 800
231, 160
230, 155
86, 003
79. 250
' 86. 436 v 86. 566
r
r
737
656
737
687
1,805
719
675
709
650
1, 864
83. 54
v 83. 23
SOFTWOOD PLYWOOD
Production
thous. of sq. ft., %" equivalent..
Shipments
do
Stocks, end of month
do
269, 066 * 224, 756
273, 123 r T211 998
81, 849
92, 747
279, 531
272 193
101, 237
HARDWOOD FLOORING
Maple, beech, and birch:
3, 150
3,575
2,850
4, 100
3, 175
3 450
Orders new
M bd. ft
3 700
3 350
4 800
3 550
3, 600
3 550
4 050 !
9, 650
Orders, unfilled, end of month
do
12, 300
10, 200
9,600
14, 500
13, 500
12, 950
13, 050
11,700
9,700
12, 250
10, 700
9. 500
4,800
3, 900
Production
_ _
do
4, 150
4. 350
4,300
3, 650
3,400
3, 000
4, 750
3,900
3, 750
4,500
4, 000
4, 100
2 950
3,550
3, 550
Shipments
do
3 600
3, 800
3,350
3, 650
3, 675
4 350
4 250
3, 750
4 250
Stocks, mill, end of month ...
do
7.575
9.475
9.575
9,400
8,900
6.500
6.900
7.300
8. 650
9. 675
8,250
8.600
8.050
r
l
Revised.
p Preliminary.
Data beginning January 1952 have been adjusted to conform to the 1952 revision of the export schedule.
{Revisions for January-October 1950 are available upon request.
cfThe figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc.. in the distribution by types of uppers; there are further
small differences between the sum of the figures arid the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available by
types of uppers.
§Excludes "special category" items.
*New series. Data are compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data prior to March 1951 (February 1951 for softwoods) will be shown later.
©Revised monthly data for 1948-50 will be shown later.
SUKVEY OF CUREENT BUSINESS
S-32
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
89,018
79,142
82, 922
84, 643
77, 817
84, 306
78, 777
84, 953
84, 671
77, 257
64, 926
69, 938
79, 701
77, 844
77, 096
70, 446
66, 775
79, 941
79, 428
77, 609
75, 162
61, 721
80, 074
81, 531
75, 371
302, 284
36 708
111,957
7,601
August
September
LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING— Continued
Oak:
Orders, new
Orders, unfilled, end of month
Production
Shipments _
_
Stocks, mill, end of month
,_
M bd. ft..
_ do
do
_ _ do
do
84, 032
65, 778
74, 297
75, 500
63, 432
83,335
66, 613
86, 628
85,372
64, 688
57,156
54, 985
81, 035
73, 263
72, 460
49, 607
53, 002
64, 181
54, 554
82, 087
77, 919
56, 995
78, 657
73, 926
86,818
87, 840
67, 795
73, 094
77, 040
82, 872
80, 919
76, 931
75, 660
77, 366
81, 168
81, 178
61,132
82, 021
84, 132
73, 260
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, total ._
short tons__
ScrapO
do
Imports, total
do
Scrap..
- ._
_
do ._-
349. 615
25, 455
255, 268
17,116
296, 081
20, 651
248, 186
17,417
344, 232
21, 533
219,559
24, 630
416, 700
19,115
257, 307
22, 013
402, 297
21 , 992
235, 432
15, 169
406, 835
16, 247
182, 090
9,285
502, 778
17, 074
148. 562
12, 115
483, 074
21, 200
119, 661
13, 441
529, 360
29, 928
99, 315
7,635
339, 759
42, 058
92, 539
2,829
223, 832
54, 735
89, 559
4,805
6,023
3,127
2,896
4, 437
1,215
3,222
6, 574
3, 409
3,165
4,492
1,255
3,237
6,268
3,244
3,024
4,422
1,240
3,183
6,141
3, 166
2,975
4, 366
1,199
3,168
6,549
3,426
3,123
4,356
1,166
3,190
6,241
3,215
3,026
4, 697
1,153
3,544
6,611
3,407
3,204
5,072
1,178
3,894
6,004
3,027
2,977
5,473
1,236
4,238
6,014
3,034
2,980
5,861
1 263
4,598
2,295
985
1,309
6,245
1, 272
4,973
2 201
906
1,295
6, 590
1,299
5,291
14, 764
14, 900
6,381
13. 900
14, 623
5, 639
7, 052
7,500
5,182
3,682
3, 132
5,794
3,704
2,108
7,404
3, 605
2, 160
8,849
3,714
2, 341
10,236
9,073
8,655
10, 629
13, 693
13, 769
10, 551
1,633
3,245
8,940
2,759
1,781
9,906
14 974
15.992
8,888
12, 672
7,473
45, 451
39, 501
5,950
848
11,089
7,749
50, 229
43, 425
6, 804
1,105
5, 695
7. 624
49, 099
42. 258
6,841
740
791
7, 639
43, 711
37,315
6,396
656
0
7,527
35, 927
30, 369
5,558
659
0
7,229
29, 207
24, 693
4,514
624
0
8,022
21,451
18, 082
3,369
674
6,532
6, 616
19, 592
16, 487
3,105
687
12, 497
6,932
25, 904
22, 230
3,675
699
2,487
1, 403
27, 170
22,611
4, 559
860
1,904
1, 544
27, 388
22. 904
4, 484
726
14 368
7 243
34 137
29, 449
4, 688
847
71
68
79
65
78
70
73
80
63
47
58
63
1,983
1,302
733
1,934
1,184
674
1,847
1,033
583
1,801
1, 199
694
1, 766
1, 155
655
1, 711
1,172
661
1,614
1, 205
653
1,459
1, 101
620
1,446
835
502
1,410
636
432
1 518
1,003
603
238, 019
93, 884
58, 251
220, 740
88, 210
53, 682
215, 134
70, 045
45, 543
202, 799
87, 003
54, 988
193, 061
82, 898
50, 129
196, 896
80, 960
49, 084
198, 215
89, 270
56, 337
180, 382
81, 770
51, 476
173, 353
74, 446
46, 511
166, 517
45, 266
29, 675
162, 832
63,716
39, 308
6, 197
6,274
5,911
5, 922
5, 977
5, 916
6, 040
6,106
5, 785
5,756
6, 300
6,219
5,225
5,280
5,492
5,402
1, 068
1,110
1,003
946
5,831
6,164
1,844
1,811
1,751
1,761
1,764
1,789
1,715
1,729
1,669
53. 67
52.00
52.50
53. 67
52. 00
52.50
53. 67
52. 00
52.50
53. 67
52. 00
52. 50
53.67
52.00
52.50
53.67
52.00
52.50
53.67
52.00
52.50
53.80
52.00
52.50
53. 81
52.00
52.50
56. 31
54. 50
55. 00
56.31
54.50
55.00
Iron and Steel Scrap
Consumption, total§
thous of short tons
Home scrap
do
Purchased scrap _ _
_
. _ _ do
Stocks, consumers', end of month, total§
do
Home scrap
_ __
_
_
do
Purchased scrap
do
Ore
Iron ore:
All districts:
Mine production,
thous. of long tons
Shipments.-- - . _ _ _ _
_
do
Stocks, at mines, end of month
do
Lake Superior district:
Shipments from upper lake ports
do
Consumption bv furnaces
_
_ do
Stocks end of month, total
do
At furnaces
do
On Lake Erie docks^ - _
. d o
Imports
do
Manganese ore, imports (manganese content)
thous of long tons
r
T
r
r
14 389
7,659
41 532
36, 206
5,326
Pig Iron and Iron Manufactures
Castings, gray iron:§
2, 055
Orders unfilled for sale
thous of short tons
1, 115
Shipments, total
do
626
F o r sale _ _ _ _ _ _ _
do
Castings, malleable iron:§
244, 575
Orders, unfilled, for sale- - _
short tons
82, 276
Shipments, total
do
48, 568
For sale .
_
_ _ _
do
Pig iron:
5, 890
Production
thous of short tons
5,898
Consumption §
do
Stocks (consumers' and suppliers'), end of month §
1,818
thous of short tons
Prices, wholesale:
53. 67
Composite
dol. per long ton__
52.00
Basic (furnace)
do
52.50
Foundry, No. 2, f. o. b. Neville Island
do
1,689
r
54. 26
52.00
52. 50
T
T
r
Steel, Crude and Semimanufactures
Steel castings:
165, 110
176, 728
183, 738
174, 626
173, 694
141, 628
189, 929
175, 075
173, 635
119, 036
160, 695
Shipments, total
short tons
131. 276
123, 448
133, 602
116, 658
139, 953
139, 488
131, 997
134, 325
114,410
97, 633
132, 129
For sale total
do
34, 524
32, 733
36, 650
31,317
32, 118
34, 693
39, 290
33, 549
30, 455
20, 752
35, 227
Railway specialties
_
do
Steel forgings:1I
1, 418, 515 1, 426, 645 1, 446, 118 1, 410, 646 1. 471, 620 1, 464. 255 1, 359, 752 1, 349, 288 1, 318, 889 1, 248, 204 1, 289, 597
Orders unfilled, total
do
176, 441
176. 342
165, 023
190, 774
187, 487
168, 286
135, 398
96, 828
149, 736
191, 483
155, 840
Shipments for sale total
do
109, 014
119, 047
129, 761
125, 042
127, 768
101, 861
125, 736
114, 271
69, 165
97, 326
130, 675
Drop and upset
do
61, 013
62, 445
56, 009
48, 673
57, 295
42, 550
41, 569
33, 537
27, 663
52, 410
60, 808
Press and open hammer
do
Steel ingots and steel for castings:
9,404
8,891
9, 136
8, 657
1,639
8,799
7,991
8,205
1,627
9,122
8, 660
Production
thous. of short tons
102
99
101
103
101
90
18
89
18
103
101
Percent of capacity t
Prices, wholesale:
.0476
.0471
.0471
.0471
.0471
.0471
.0471
.0471
.0471
.0471
.0471
Composite, finished steel
dol. per lb._
Steel billets, rcrolling (producing point)
56.00
56. 00
56. 00
56.00
56. 00
56.00
56.00
56.00
56.00
56. 00
56.00
dol. per short ton__
.0400
.0400
.0400
.0400
.0400
.0400
.0400
.0400
.0400
.0400
.0400
Structural steel (producing point)
dol. per lb_.
Steel scrap, heavy melting (Pittsburgh)
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.75
44.00
45.00
dol. per long ton__
150, 232
113,997
24,013
8,499
92
r
9,062
102
.0498
.0498
59. 00
.0420
59.00
.0420
44.00
44.00
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders unfilled end of month
thousands
Shipments
do
Stocks, end of month
_ _do
8,535
2,322
24
8,036
2,511
26
7,294
2,147
32
7,830
2,176
31
8,126
2,085
66
7,570
1,961
59
7,737
2,008
58
7,484
2,207
51
7,052
2,117
48
6,406
1,655
35
6,502
1,629
25
6,133
1,964
34
'Revised.
OData beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplate, circles, strips, etc.
§Data beginning January 1951 are estimated totals derived from a survey of approximately 1,300 establishments by the Bureau of Mines and the Bureau of the Census.
^The Bureau of the Census estimated industry totals beginning May 1951 are based on reports from forge shops (shipping 50 tons or more per month) which account for over 95 percent of
allforgings produced. For May, shipments by the additional plants increased total shipments 7 percent (based on revised data); for total unfilled orders, the adjusted May figure is increased
27 percent and also includes orders for the manufacturers' own use.
{For 1952, percent of capacity is calculated on annual capacity as of January 1, 1952, of 108,587,670 tons of steel; 1951 data are based on capacity as of January 1, 1951, of 104,229,650 tons.
SUEVEY OF CUREENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-33
1951
September
October
1952
November
December
January
February
March
April
May
June
July
August
September
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Continued
Cans, metal, shipments (in terms of steel consumed),
total
short tons
Food
-_ _ _
do
Nonfood
do
Shipments for sale
do
Commercial closures, production
millions _
Crowns, production
thousand gross
Steel products, net shipments:
Total _ .
__
thous. of short tons
Bars, hot rolled— Carbon and alloy
do
Reinforcing
do
Semimanufactures
_ __
do-_
Pipe and tubes __
do
Plates
___ . . .
do
Rails
do
Sheets
do
Strip— Cold rolled
do
Hot rolled- .
do
Structural shapes, heavy
do . .
Tin plate and terneplate
do
Wire and wire products
.do _..
417, 378
306, 610
110 768
371, 686
927
24, 692
374, 200
254, 635
119, 565
333, 018
1,026
6,207
712
160
314
719
657
139
1, 548
162
185
386
358
456
24, 625
263, 468
156, 035
107, 433
229, 422
820
19, 900
235, 107
140, 325
94, 782
203, 902
774
16, 903
6,844
785
170
315
809
684
165
1,716
184
199
442
394
505
6,509
778
155
283
784
666
136
1,693
165
184
421
327
479
72, 647
275, 407
234,
143,
90
195,
372
997
375
980
976
22, 717
235, 648
144, 439
91, 209
199, 445
896
24, 316
266, 920
157, 279
109, 641
228, 841
962
25, 357
287, 223
173, 414
113 809
240 976
1,104
27 774
277, 629
175, 158
102 471
239, 311
1,071
30 241
333, 416
218, 947
114 469
287, 127
1,010
30 773
6,411
748
162
313
777
708
146
1,590
154
180
409
352
441
6,589
797
168
285
811
707
156
1,644
180
186
427
298
477
6,358
757
158
268
795
711
138
1,534
158
171
437
359
448
6,890
801
193
317
872
784
162
1,609
156
170
431
478
465
5 922
693
144
292
718
658
128
1,434
143
143
354
398
422
5 947
740
158
305
723
637
133
1 484
140
156
361
334
403
72, 246
229, 563
72, 454
203, 624
76, 934
325, 071
72, 374
212, 481
77, 069
311,137
76, 880
209, 286
80, 803
248, 033
r
423 894
293, 370
130 524
388 040
998
r
28 531
465 820
348 906
116 914
421 221
1 115
29 462
1 250
123
28
55
182
110
11
321
62
33
36
104
85
1 414
130
35
120
152
107
3
425
59
35
29
125
108
6 312
744
188
306
717
680
121
1 567
127
155
428
479
416
77 476
272, 633
78, 368
318, 763
85 175
305 987
76, 882
r
NONFERROUS METALS AND PRODUCTS
Aluminum:
69, 429
Production, primary
short tons
Imports, bauxite__ _
. - long tons _ 211, 953
Price, wholesale, scrap castings (N. Y.)
.0775
dol. per lb__
Aluminum fabricated products, shipments,
171.0
total c?
mil. of Ib
Castings. __
do _
41.9
129.2
Wrought products, totalcf.
do
Plate, sheet, and strip
do __
77. 5
.383
Brass sheets, wholesale price, mill
dol. per lb._
Copper:
Production:
Mine production, recoverable copper
69, 024
short tons _
Crude (mine or smelter, including custom in74, 165
take)
short tons
74, 354
Refined
_
_
_ _ _ do _ _ _
Deliveries, refined, domestic
do. _. 121, 879
Stocks, refined, end of month
do
62, 093
4,971
Exports, refined and manufactured
do
Imports, total
do
46, 566
27, 551
Unrefined, including scrap. ._
do
19, 015
Refined
do
.2420
Price, wholesale, electrolytic (N. Y.)_.dol. per lb_.
Lead:
Ore (lead content) :
Mine production
short tons _
27, 620
27, 755
Receipts by smelters, domestic ore
do
Refined (primary refineries) :
Production
do
30, 474
31, 654
Shipments (domestic)
do Stocks, end of month
__ _ __
_do_ _ _
23, 640
Price, wholesale, pig, desilverized (N. Y.)
.1700
dol. per lb_.
Imports, total, except mfrs. (lead content)
13, 658
short tons__
Tin:
2,414
Production, pig
long tons
Consumption, p i g _ .
. _ _ _ _ _ _ do_ _ _
4,947
25, 392
Stocks, pig, end of month, total§
do
Government!-- _
__ __ ._ do _ _ .
13, 567
Industrial
do
11,790
Imports:
591
Ore (tin content) .. _ _ _
do _ _
Bars, blocks, pigs, etc
... ___
_do _ _ _
1,865
Price, wholesale, Straits (N. Y.)
dol. per lb__ 1. 0300
Zinc:
Mine production of recoverable zinc
50, 118
short tons.,
Slab zinc:
Production . _ _ _ _ _ _ _
do __
70, 623
Shipments, total
do
64, 632
Domestic
- _
__ _ do__ _
58, 436
Stocks, end of month
do
17, 235
Price, wholesale, prime Western (St. Louis)
.1750
dol. per lb__
Imports, total (zinc content)
short tons_.
19, 856
For smelting, refining, and export
do
2,246
For domestic consumption:
12, 404
Ore (zinc content)
do
Blocks, pigs, etc
do
5,206
.0775
.0775
.0775
.0775
.0775
.0775
. 0775
.0768
.0725
.0708
.0740
.0750
189.6
45.4
144.1
82.5
.383
180.8
41.7
139.2
78.8
.383
175.2
40.9
134.3
75.5
.383
193.8
44.6
149.1
81.3
.383
191.3
45.0
146.3
78.7
.383
200.1
46.4
153.6
82.9
.383
209.7
49.8
159.9
85.1
.383
205 5
47.8
157.8
86 5
.383
200 9
45 3
155. 5
87 7
.383
188 8
40. 1
148.7
86.1
.402
206 3
46 8
159 6
92 2
.402
165.7
95.8
.402
81, 077
76, 917
78, 939
77, 691
72, 564
78, 851
80, 332
81, 996
74, 032
T
87, 896
104, 148
125, 286
78, 192
9,864
42, 943
18, 164
24, 779
.2420
82, 617
103, 614
123, 646
68, 160
16, 488
39, 714
13, 151
26, 563
.2420
86, 680
98, 532
119, 577
71, 528
16, 599
36, 021
19, 229
16, 792
.2420
83, 192
100, 269
130, 430
60, 836
1
10, 598
49, 580
16, 674
32, 906
.2420
80, 876
95, 979
104, 795
59, 747
12, 842
41, 941
28, 361
13, 580
.2420
87, 110
94, 563
112, 625
58, 487
15,303
48, 272
25, 928
22, 344
.2420
89, 479
98, 402
107, 355
61, 223
19, 494
42, 948
23, 354
19, 594
.2420
92, 946
97, 593
105, 362
55, 351
20, 252
37, 172
14,342
22, 830
.2420
80 392
92, 151
98, 416
70, 856
18,347
33 061
26, 338
6 723
.2420
81 601
96 049
115,179
73 657
15,435
65 847
38, 883
26 964
.2420
33, 110
31,806
32, 326
28, 775
33, 499
27, 273
34, 381
28, 501
34, 337
40, 148
33, 662
41,251
34, 363
35, 762
33, 767
36, 149
31,702
32, 962
34, 273
31, 164
26, 742
36, 234
37, 084
25,871
36, 754
37, 274
25, 339
43, 746
40, 390
28, 578
44, 133
41, 291
31, 297
48, 943
39, 161
41, 040
39 329
38, 225
41,820
45 546
28, 591
58, 775
38 987
39, 563
58, 190
r
76, 207
29 849
28, 829
72, 998
r
79 368
95 366
127, 106
83 771
14 604
61 111
21 355
39 756
.2420
r
r
37 489
51 534
44, 140
81
98
134
71
868
930
689
456
.2420
3'0 249
32 393
29 810
32 919
41 836
45 499
39 767
42 791
49 850
31 837
.1900
.1900
.1900
.1900
.1900
.1900
.1892
.1573
.1526
.1600
. 1600
20, 707
20, 009
25, 765
15, 390
42, 460
81, 496
57, 770
73, 435
67, 611
32, 765
40, 196
2,353
5,014
22, 905
11, 292
11, 508
2,055
4,595
20, 358
8,308
11,909
1,972
4,397
17,843
6,753
11,018
1,984
4,879
14,751
4,525
10, 125
1,990
4,524
13, 297
3, 617
9,567
2,022
4,489
18, 242
9, 004
9, 119
1,989
3,919
26, 172
15, 458
10 645
1 952
3,751
33 093
22, 741
9 820
2
189
1,789
26 301
15, 904
10 358
2
163
1 933
31 037
21 009
9 996
4
25
16
8
4, 545
1, 969
1. 0300
643
1, 188
1. 0300
1,820
1, 591
1. 0300
144
1,005
1. 0973
1,472
598
1. 2150
821
7,752
1. 2150
732
10, 894
1. 2150
934
7,418
1. 2150
3 070
9,951
1.2150
5 481
6, 619
1. 2150
2 378
8 501
1. 2150
1.2138
2
r
. 1600
231
553
233
411
140
60, 546
57, 195
57, 269
59, 523
59, 098
61, 292
60, 443
63, 017
58, 063
' 50, 231
49, 402
47, 729
79, 432
73, 583
68, 365
23, 084
79, 376
77, 419
70, 084
25, 041
81,769
84, 909
73, 694
21, 901
83, 205
78 403
75, 039
26, 703
77, 296
77, 448
70, 928
26, 551
85, 028
85,575
80, 121
26, 004
83, Oil
85 592
73,818
23, 423
83, 797
74 076
64, 457
33, 144
77, 463
47 265
36, 894
63, 342
76, 930
43 353
38 714
96 919
78 167
78' 43 5
72 963
96 651
76
7H
69
94
.1950
17, 556
2,309
.1950
21, 439
5,411
.1950
23, 925
6,473
. 1950
18,711
2,306
.1950
49, 225
4,996
.1950
123, 605
6,821
.1950
122, 483
7,993
.1950
104, 640
5,047
.1574
106, 749
2,097
.1500
79, 445
832
. 1406
9,470
1 164
7,233
8,014
9,036
6,992
9,727
7,725
11,741
4,664
38, 980
5,249
108, 280
8,504
106 925
7,565
92, 716
6,877
98 165
6,487
62 708
15, 905
4 088
4 218
22, 129
82, 630
31, 080
71,374
19, 335
68, 584
11, 168
69, 677
11 318
73 039
10 211
77, 267
9 161
81, 800
9 480
87 814
13 346
90 225
16 962
88 017
17 285
79 487
24 037
73 627
4,056
8,691
4,798
7,860
3,512
7,572
2,470
7,784
2,784
8,382
2,226
8,702
2,074
8,893
1,760
10, 010
2,145
9,665
2,925
8,782
2,915
7,676
3 974
6.507
r
019
129
343
541
.1398
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square) :
Shipments
thous. of Ib
Stocks, end of month
do
Radiation:
Shipments
thous. of sq. ft. _
Stocks, end of month
do
T
Revised.
1 Data beginning 1952 are in accordance with the revised
export schedule and include certain primary forms of copper manufactures formerly excluded; the value of such
2
exports amounted to about $1.5 million in January-September 1951.
Production by detinners only,
of See note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.
§Government stocks represent those available for industrial use; total stocks include small amount not distributed.
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
METALS AND MANUFACTURES—Continued
HEATING APPARATUS— Continued
Boilers, range, shipments
number-Oil burners:
Orders, unfilled, end of month
do
Shipments.
._
_do
Stocks, end of month _ _
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
number
Coal a n d wood.. _ . _ _ _ _ _ _ _
_ do
Gas (incl. bungalow and combination), do.- _
Kerosene, gasoline, and fuel oil
do
Stoves, domestic heating, shipments, total. _ _ do
Coal and wood
do
Gas
do
Kerosene, gasoline, and fuel oil
do
Warm-air furnaces (forced-air and gravity-air flow),
shipments, total
number
Gas
do
Oil
do
Solid fuel
do
Water heaters, nonelectric, shipments
_ do MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans, new orders
thous. of dol
Unit heater group, new orders
do
Foundry equipment (new), new orders,
net
_._
_
1937-39 = 100 _
Furnaces, industrial, new orders:
Electric
thous of dol
Fuel-fired (except for hot rolling steel) . do _ _
Machine tools:
New orders
1945^7 = 100
Shipments. _ _
_ . . ..
_ do
Mechanical stokers, sales:
Classes 1 , 2, and 3
number. _
Classes 4 and 5:
Number
Horsepower
Pumps, steam, power, centrifugal and rotary, new
orders
thous. of dol
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments!
thousands
Domestic electrical appliances, sales billed:
Refrigerators index
1936 = 100
Vacuum cleaners, standard type
number. .
WashersO
- do
Radio sets production.*
do
1
Television sets (incl. combination), production*
number. .
Insulating materials and related products:
Insulating materials, sales billed, indexl 1936 = 100 _
Fiber products:
Laminated fiber products, shipments§
thous. of dol. .
Vulcanized fiber:
Consumption of fiber paper
thous. of lb._
Shipments of vulcanized products
thous. of dol_ _
Steel conduit (rigid) and fittings, shipments 9
short tons_Motors and generators, quarterly:
New orders index
1936 — 100
Polyphase induction motors, 1-200 hp:cf
New orders
thous. of dol
Billincrs
do
Direct current motors and generators, 1-200 hp:cf
New orders
thou^ of dol
Billings
do
29, 139
30, 187
32,014
26, 129
31, 193
28, 245
22, 202
23, 446
22, 850
17, 851
20, 010
48, 633
76, 368
82,890
44, 987
93, 354
71, 503
35, 843
64, 641
69, 437
38, 033
40, 392
76, 136
40, 256
45, 748
77, 518
36, 789
37, 792
80, 775
39, 163
40, 038
81, 408
36, 284
45, 805
80, 183
41, 707
51, 743
74, 183
42, 963
57, 830
72, 468
54, 737
»• 67, 044
61, 577
63,805 !
84,620
50,593 i
206, 313
11, 666
184, 927
9,720
236, 690
11,255
212, 345
13, 090
215, 974
11,474
193, 124
11,376
168, 232
9,435
150, 930
7,867
184, 275
9,501
166, 669
8,105
187, 505
204, 657
199, 605
179, 496
192, 540
8,625
7,475
6,267
5,702
185, 751
10, 281
182, 942
9,188
163, 446
9,783
176, 405
10, 433
' 170, 146
r
7, 080
r 154, 907
8,159
197,898 '
9,589
166, 687
11, 229
457,
136
179
140
626
867
972
787
579,019
179, 244
244 186
155, 589
455,
124,
203
127,
983
919
212
852
184, 563
46, 751
81,611
56, 201
145, 268
22, 761
63, 696
144, 462
60, 040
172, 303
35, 676
76, 324
60, 303
230, 741
40, 963
120, 878
68, 900
' 393, 834
r
79, 027
197, 680
' 117, 127
515, 356
19,318
60, 843
64, 301
147, 435
25, 381
58,811
154, 434
25, 450
64, 120
64, 864
88 297
33 7399
37 76
16, 796
161, 675
106, 128
41 005
44 537
20, 586
182, 843
84, 093
37, 179
34 966
11, 948
174, 275
55,718
26, 992
22 778
5, 948
147, 635
50 002
24, 306
20 498
5, 198
171, 337
48, 529
24,017
19 309
5, 203
167, 335
51,277
50, 933
27, 029
19 695
4,209
176, 609
58, 732
32, 239
20, 583
5, 910
181,389
70, 206
36, 627
27 235
6,344
182, 851
r
78, 266
r 38, 738
r
30, 950
r
8, 578
157. 595
30, 828
16, 430
32 272
13, 572
25, 797
20, 848
4,632
172, 320
62,014
30, 191
13, 483
21, 197
•S, 820
179, 640
9,438
132,211
236 849
146, 296
105, 410
51.2*9
40 654
13, 467
187, 949
38, 170
11,786
346.5
372.4
305. 5
230.5
404.5
200.4
310.0
385.1
225. 2
353.8
343.9
311.6
3 250
1 821
3,172
6,374
2,882
2, 519
2,100
2,873
2,856
3,379
1,363
2,418
2,100
1,809
2,298
3,713
3,037
1,552
2,968
2,530
6,703 !
1. 626
5, 259
380.2
189.8
403.9
221.3
330.5
226.0
376.5
264. 7
347. 8
324.3
299.5
293.5
307.9
284. 6
342. 9
323.0
330.8
374.6
257.2
r
266.6
318.8
279.6
3,001
3,189
1,998
1,095
1,327
1,145
966
1, 059
1,157
1,725
1,667
r
239
60, 984
289
60, 610
152
35, 707
115
21, 284
161
43, 931
115
57, 455
131
39, 165
136
50, 528
143
44, 329
171
33, 302
249
47, 981
6,552
6,506
5,908
5,553
5,517
6,020
5,925
6,354
6,140
7,957
6,299
2 172
2,640
2 232
1,792
1,639
963
769
850
1,137
1,535
2,526
114
210, 086
319 475
100 246
113
259, 469
304, 131
874, 723
87
219,119
268, 645
747, 914
115
230, 263
224, 471
888, 100
153
153
163
133
128
192
230, 226
218, 956
632, 455
235, 938
261, 512
759, 453
290, 092
254, 135
975, 892
197
217, 169
222, 266
847, 946
216, 969
219, 882
748, 344
148
206, 939
281, 635
874, 253
188, 715
209, 901
441, 736
222, 41 3
259, 280
543, 802
237, 541
2^7 919
865 654
337, 341
411, 867
415, 332
467, 108
404, 933
409, 337
510, 561
322, 878
309, 375
361, 152
198, 921
397, 769
755, 665
521
559
511
466
548
528
536
545
517
500
470
451
7,389
8,032
7,513
6,833
8,115
7,830
7,796
7,899
7,739
7,558
7,597
6,718
8,223
4,802
5,462
4,711
4,170
4,836
4,484
4,216
4,133
3,640
3,720
2,179
3,038
3,759
3,613
r
309. 1
314. 8
2, 621
r
r
172 !
31,079
365 9
J>300 :>>
p'.wn 8
2. 978
183
37, 656
5,921
r
2 905
2 867
1,711
1,804
1,523
1, 232
1, 648
1, 618
1,565
1,430
1,332
1,296
1,027
1,210
1, 380
25, 941
26, 680
26, 409
23, 871
25, 982
25, 530
27, 328
22, 767
23, 243
13, 881
7,214
17,021
28, 645
600
573
517
517
44 878
42 438
44, 180
40 71-12
42, 455
44, 820
36, 446
40 443
9 160
5' 832
10 713
6, 619
8 793
9,410
13 614
9,787
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous of short tons
* r 3, 267
Stocks in producers' storage yards, end of month
thous. of short tons..
1,145
Exports
do
706
Prices, chestnut:
Retail, composite!
dol. per short ton
23.00
Wholesale f o b car at minef
do
14. 513
Bituminous:
Production
thous of short tons
42, 954
Industrial consumption and retail deliveries, total
35, 754
thous. of short tons..
Industrial consumption, total
do
30, 190
Beehive coke ovens
do
850
Oven -coke plants
do
8, 454
Cement mills
do
688
Electric-power utilities
do
8,288
Railwavs (class I)
do
3, 902
Steel and rolling mills
do
544
Other industrial
do
7,464
Retail deliveries
...
. .do
5,564
' 4, 675
' 4, 129
' 3, 713
3,974
3,162
2,959
3,187
3,203
3,103
2,484
2,663
3, 694
1,161
892
1,055
633
982
583
939
534
1,005
391
1,024
391
1,026
295
1,149
340
1,264
360
1,447
233
1,420
423
1,314
23. 15
14. 513
23.31
14. 513
23.31
14. 513
23.31
14. 513
23. 31
14. 513
23.31
14. 513
23.08
13. 394
21.69
13. 456
21.77
13. 631
22. 38
13. 869
22.54
14. 119
22.92
51, 797
49, 340
44, 123
49, 900
43, 770
41, 075
39, 300
36, 515
31, 460
25, 800
34, 320
46, 870
40, 002
33, 244
971
8,691
728
9, 236
4, 252
625
8,741
6.758
41, 435
34, 027
933
8, 367
781
9,382
4,344
705
9, 515
7.408
42, 803
34, 660
971
8, 670
758
9, 267
4, 463
758
9, 773
8. 143
44, 284
34, 895
998
8,758
740
9,540
4, 301
775
9, 783
9,389
39, 587
31. 757
' 927
8,171
673
8, 434
3,877
743
8, 932
7.830
39, 240
32, 170
899
8,807
665
8, 510
3,698
677
8,914
7.070
32, 636
28, 422
685
7,627
608
7,781
3,321
582
7,818
4,214
30, 758
27, 741
681
7, 854
637
7,724
3, 075
562
7,208
3,017
23, 213
20, 235
133
2, 930
582
7,369
2, 569
208
6,444
2,978
23, 489
20, 270
104
3, 293
603
7,597
2,342
229
6,102
3,219
32, 661
27, 449
403
8, 259
681
8, 250
2, 722
532
6, 602
5,212
SURVEY OF CURRENT BUSINESS
November 1952
S-35
1952
1951
•Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September
October
November
December
January
February
March
April
May
June
July
August
September
PETROLEUM, COAL, AND PRODUCTS—Continued
COA L—Continued
Bituminous— Continued
Consumption on vessels (bunker fuel)
thous. of short tons .
Stocks, industrial and retail dealers', end of
month, total
thous. of short tons _
Industrial, total
do
Oven-coke plants
do __
Cement mills
do_- .
Electric-power utilities
do
Railways (class I)
do
Steel and rollins mills
do
Other industrial
do_-Retail dealers
do
86
104
91
35
19
19
16
76
92
84
79
76
76, 245
74, 352
14, 426
1,353
33, 098
4, 245
1,147
20, 083
1,893
78, 019
76, 080
14, 953
1,420
34, 162
4, 126
1,155
20, 264
1,939
77, 858
75, 948
15, 123
1,508
34, 104
4,163
1,151
19, 899
1,910
76, 636
74, 886
15, 270
1,424
33, 398
4,172
1,181
19, 441
1,750
75, 423
73, 792
14, 827
1,361
32, 692
4,161
1,213
19, 538
1 631
76, 474
74, 967
15, 786
1,342
32, 710
4,237
1,276
19,616
1 507
77, 293
76 042
16, 727
1,276
32, 724
4,299
1 322
19, 694
1 251
78,141
76 810
16, 652
1,245
33 617
4,254
1 353
19 689
1 331
79, 496
78 033
16, 994
1,261
34, 545
4,110
1 336
19 787
1 463
80, 744
79 108
16, 446
1,412
35 802
3,996
1 269
20, 183
1 636
79, 359
77 698
16, 136
1,456
35 895
3, 560
1 195
19, 456
1 661
81 156
79 485
15 984
1 616
36 797
3 443
1 158
20 487
1 671
6 104
6 387
5 420
4 478
5 163
3 982
4 050
4 248
4 885
4 862
4 003
4 288
15. 95
16.10
15.14
16.15
16.16
16.16
16. 16
16.16
15.99
16.02
16.13
16.22
5.680
6.679
5. 697
6.718
5.697
6.756
5.697
6. 773
5.697
6.773
5.697
6.769
5.697
6. 745
5.624
6.349
5. 623
6.317
5. 629
6. 378
5.640
6. 487
5 640
6.544
r
553
5, 942
316
629
6,114
328
619
5,882
335
625
6,114
325
637
6,168
331
589
5,770
310
576
6,204
321
433
5,374
296
426
5 536
201
112
2,361
267
71
2,305
306
5 787
317
1 764
1,298
466
94
100
1 815
1,306
509
82
126
1,758
1,264
495
83
111
1 738
1,295
443
104
109
1 810
1,421
389
134
112
1 765
1,455
310
142
86
1 832
1, 530
302
164
79
1 873
1,459
413
159
89
1 961
1 538
424
158
62
2 557
2,007
550
122
58
3 297
2,479
819
103
53
3 142
2 294
848
98
44
2 838
2 132
706
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
Exports
do
Prices:
Retail, compositef
dol. per short ton__
Wholesale:
Mine run, f, o. b. car at minef__do
Prepared sizes, f. o. b. car at minef
do
COKE
Production :
Beehive §
thous. of short tons
Oven (byproduct) _
__
_
_
do _ _
Petroleum coke
do
Stocks, end of month:
Byproduct plants, total
do
At furnace plants
__ __ _
do_ _
At merchant plants
do
Petroleum coke
do_ Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton..
T
r 253
16.28
396
5 784
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed _ _ _
_ _ _ _ _ _ _ _ _ _ number.
Production
thous. of bbl
Refinery operations _ - _ _ percent of capacityConsumption (runs to stills)
thous. of bbl__
Stocks, end of month :d*
Gasoline-bearing in U. S., total
do _ _ .
At refineries
do
At tank farms and in pipelines
do _ On leases
do
1,975
187 816
97
196, 752
2,014
197 610
95
199, 826
2,040
188, 149
97
198, 258
1,947
191, 650
98
206, 032
2,151
192 712
94
205, 829
1,929
184 654
95
193, 524
2,101
198 028
93
205, 825
2,063
192 882
89
193, 039
2,196
158 310
71
152,062
2,017
185 917
96
204, 762
2,141
188 868
96
214, 729
1 938
192 798
99
220, 661
254, 900
64, 916
171, 730
18, 254
262, 266
65, 388
179, 173
17, 705
261,100
65, 297
177, 982
17, 821
255, 783
62, 311
175, 481
17, 991
254, 007
62, 436
173,471
18, 100
255, 900
64, 614
173,315
17, 971
259, 126
63, 612
177, 422
18, 092
270, 679
69, 159
183, 751
17, 769
290, 813
72, 875
197, 001
20 937
285, 964
71, 950
194, 525
19, 489
275, 951
70, 352
187, 341
18, 258
264, 368
67 497
178, 394
18 477
Exports
_
do
Imports,.
_ _ _.
_.do _ _
Price (Oklahoma-Kansas) at wells. __dol. per bbl_.
2,199
14, 458
2.570
1,947
14, 473
2.570
1,858
13, 050
2.570
2,147
11,835
2.570
2,303
16, 043
2.570
2,211
14, 083
2.570
2,939
14, 186
2. 570
3, 340
17, 495
2.570
1,718
15, 570
2.570
2,388
17,171
2.570
1,876
17, 497
2.570
1 966
18, 124
2.570
38, 453
36, 843
40 159
37, 944
40, 726
39, 111
44, 693
40, 693
45, 141
41, 483
44, 314
38, 352
43, 402
39, 482
39 353
37,602
30 432
30, 336
43, 640
36,827
45 735
38, 337
46 933
38 822
27 271
39 547
31 655
45 016
47 221
50, 982
57 233
54, 382
63 185
56 246
54 489
49 796
49 081
50 721
33 921
45 119
27 867
38 500
25 815
36 285
23 291
37 027
26 221
42 094
5 063
3,218
6 250
5 457
3,486
6 491
5, 965
3,313
6,331
6,333
3,244
15 4«4
6 068
3,032
6 906
4,775
2,767
6 447
5 222
2,851
6 760
4 204
2,500
6 317
3 717
2,434
6 438
3,912
2,463
6 156
4 380
2,439
6 109
5 380
2 497
6 563
96, 241
48 212
102 561
48 415
94, 917
45 378
80, 785
42 063
i 66 969
i 39 523
55, 369
38 295
48, 750
37 971
51 634
38 561
51, 648
38 821
65, 911
45 688
85 775
52 245
104 257
54 061
2 554
2,962
2 353
2 553
1 242
1,962
1 854
2, 006
1 894
1,816
1 654
1,847
1 316
2,059
2 791
2 244
2 641
2 500
3 613
2,588
2 999
2,473
2 306
1 583
.091
1.750
.091
1.690
.091
1.650
.091
1.650
.091
1.650
.091
1.500
.091
1.500
.091
1.400
.091
1.350
.091
1.150
.098
.950
.098
.900
10,915
6 640
33, 106
1 326
11, 262
10 171
33 382
703
12,083
14 960
29, 948
538
12, 171
16 744
24, 933
387
13 040
16 633
i 22, 679
752
10 742
14 608
18, 530
217
11, 964
12 853
16,817
652
10 978
8 150
18 955
613
7 084
5 504
19, 614
950
9,519
5 268
23, 061
740
11 083
5 883
27, 387
796
11 620
6 014
32 401
525
Refined petroleum products:
Fuel oil:
Production:
Distillate fuel oil __
thous. of bbl
Residual fuel oil
do_ _Domestic demand:
Distillate fuel oil
do
Residual fuel oil
_ do
Consumption by type of consumer:
Electric-power plants J
do
Railways (class I)
do. _ Vessels (bunker oil)
do
Stocks, end of month:
Distillate fuel oil
do_ .
Residual fuel oil
do
Exports:
Distillate fuel oil
do
Residual fuel oil
_ _ _ _ - do
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
dol. per gal__
Residual (Okla., No. 6 fuel)
dol. per bbL.
Kerosene:
Production
thous. of bbl
Domestic demand
do
Stocks end of month
__
do _,
Exports
do
Price, wholesale, bulk lots (New York Harbor)
dol. per gal. .
Lubricants:
Production
'
_ thous. of bbl.
Domestic demand
do
Stocks refinery, end of month
do
Exports©
do
Price, wholesale, bright stock (midcontinent,
f. o. b. Tulsa)
dol. per gal..
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
.108
.108
4, 905
3 313
8,866
1 527
5 432
4 090
8,914
1 236
5 144
3 421
9,111
1 441
5,157
3 163
9,617
1 429
4,963
3 381
9,856
1 292
4, 456
2 827
10, 049
1 357
4,921
2 990
10, 169
1,751
4,831
3 509
10, 154
1 276
3,492
2 525
9,610
1,448
4, 855
3,414
9,694
1, 297
4,668
3 224
9,775
1,295
4 857
3 343
9 620
1 610
2.570
6 028
.098
.900
.108
.290
.270
.290
.270
.290
.290
.290
.290
.290
.290
.290
.270
.270
Revised.
1 New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 85,872; residual fuel, 42,955; kerosene, 26,940.
tRevised series. Retail prices are weighted averages for large cities. Wholesale prices supersede former quotations on tracks, destination. Figures prior to 1951 will be published later.
§Revisions for 1950 will be shown later.
d"Includes stocks of heavy crude in California.
f Revisions for January-July 1951 will be shown later.
©Excludes "special category" exports not shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reports
from both members and nonmembers of the association. Both private and company brands are included. Radio production comprises home, portable battery, automobile, and clock models;
television sets include combination models. Annual totals for 1924-46 for radios and monthly data for 1947-50 for radio and television sets are shown on p. 20 of the October 1952 SURVEY.
Data for September and December 1951 and March, June, and September 1952 cover 5 weeks; other months, 4 weeks.
NOTE FOR ANTHRACITE PRODUCTION, p. S-34. Revisions for January-August 1951 (thous. short tons): 4,316; 3,621; 2,244; 2,675; 3,723; 3,848; 2,847; 3,612.
r
SURVEY OF CURRENT BUSINESS
S-36
November 1952
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September
October
November
December
January
February
March
April
May
June
July
August
September
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products— Continued
Motor fuel:
All types:
96 115
Production total
thous of bbl
98 510
Gasoline and naphtha from crude petro85,004
leum
thous. of bbl _
86. 942
17,069
Natural gasoline and allied products do
18, 167
Sales of 1. p. g. for fuel, etc., and trans5,958
6,599
fers of cycle products
thous of bbl
8,804
9,318
Used at refineries
do__ 91, 803
99, 945
Domestic demand
do
Stocks, gasoline, end of month:
106, 547
101, 837
Finished gasoline, total
do
58, 364
56, 984
At refineries
do
7,600
6,963
Unfinished gasoline
do
9,578
9,003
Natural1 gasoline and allied products-do
4,027
3,293
Exports c^"
do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol. per gal_.
.104
.104
.129
.129
Wholesale, regular grade (N. Y.)*
do
.201
.203
Retail, service stations, 50 cities
do
Aviation gasoline:
6,487
5,950
Production, total
thous. of bbl _
4,853
4,792
100-octane and above
do
7,915
7,726
Stocks, total
- - - do
4,369
3,895
100-octane and above
do
Asphalt:
Production
__
short tons__ 1, 247, 100 1, 225, 300
814, 400
Stocks, refinery, end of month
_ do_ __ 947, 800
Wax:
100, 520
Production
thous. of lb._ 104, 440
197, 680
193, 200
Stocks refinery, end of month
do
Asphalt products, shipments:
6,552
5,497
Asphalt roofing, total
thous. of squares. _
Roll roofing and cap sheet:
1,196
1,492
Smooth-surfaced
do
1,618
1,357
Mineral-surfaced
- -- -- do_ _ _
2,944
3,443
Shingles all types
do
186
268
Asphalt sidings
-do
47, 166
59, 202
Saturated felts
short tons _
95 859
100 039
98 551
93, 134
99 093
92 553
74 485
98 340
105 022
107 427
84, 976
18 191
88, 800
18, 941
87. 446
19, 058
82, 052
18, 070
87, 096
18 724
81, 819
17 917
63, 752
16, 796
86, 638
17 310
93, 373
17 669
95, 742
18 259
7 308
8,917
88 702
7 702
8,838
84 394
7,953
8,459
86 863
6.988
8,113
82. 043
6 727
8,038
87 065
7,183
8,041
98 653
6,063
7.398
101 137
5 608
8,437
99 305
6 020
8,761
105 307
6 574
8,938
102 954
105, 117
58,160
6 911
8,379
4 071
117, 235
70, 051
7,747
8,186
3 476
136, 161
81. 054
8,178
7,896
2,558
143, 910
87, 458
8,002
8,585
2,144
152, 556
90, 695
8,133
9,527
1,903
143, 512
83, 129
8 378
9,366
2 466
116, 039
64,731
7,617
9,246
975
112, 232
60, 389
7 934
10, 035
1,889
108, 708
57,180
7 858
10, 095
2 730
110, 750
57, 244
7 842
9,722
2 203
.104
.129
.203
.103
.129
.203
.103
.129
.200
.103
.129
.199
.104
.129
.201
.100
.129
.202
.103
.129
.205
.104
.129
.205
.104
.129
.204
.104
.129
.203
6,390
5,266
7,726
3,853
6,555
5,435
8,277
4,356
6,409
5,480
8,399
4,483
6,137
4,875
8,503
4,421
6,922
5,848
8,529
4,507
6,116
5,076
7,633
3,761
4,906
4,339
7,859
4,422
6,003
5,068
7,332
3 863
6,552
5,417
7,311
3,878
6,988
5 977
7,865
4 470
.104
.129
.204
605, 600
719, 300
739, 300
671, 300
922, 900 1, 009, 500 1, 280, 700 1, 383, 600 1, 493, 500
884,700
975, 600 1, 203, 600 1,331,500 1, 527, 300 1, 713, 500 1, 753, 500 1, 660, 500 1, 436, 000 1, 167, 100
967, 500
101, 080
196, 280
92, 400
202, 440
98, 280
194, 040
100.240
190, 400
95, 480
199 360
94, 360
193, 480
80,360
179, 200
96, 880
179, 760
92, 680
169, 680
116, 200
173 600
4,141
2,485
3,516
3,549
3,869
4,742
5,172
5,103
5,355
5,856
6,387
1,029
1,082
2,029
192
44, 742
634
656
1,195
120
32, 602
928
882
1,705
163
44, 641
876
861
1,811
144
46, 644
913
888
2,067
135
45, 957
1,019
1,046
2,676
126
52, 791
1,040
1,109
3,023
123
59, 274
1,001
1,133
2,969
119
52, 540
1,060
1,166
3,130
136
56, 335
1,169
1,365
3 322
151
61, 200
1 321
1 549
3 517
190
62 439
2,211
1,910
5 448
T
2, 527
r
2 209
r 5 766
2 349
2 105
5 999
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
thous. of cords (128 cu. ft.)~
Consumption
-- -do
Stocks end of month
do
Waste paper:
Receipts
short tons..
C onsumption
do
Stocks end of month
do
WOOD PULP
Production:
Total, all grades
thous. of short tons..
Bleached sulphate
short tons _
Unbleached sulphate
do
Bleached sulphite
_ do
Unbleached sulphite
d.o_ __
Soda
do
Groundwood
do
Defibrated, exploded, etc
_ _ do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
short tons..
Bleached sulphate
do
Unbleached sulphate
do
Bleached sulphite
_do_ _ _
Unbleached sulphite
do
Soda
do _ _
Groundwood
do
Exports all grades, total
Imports all grades total
Bleached sulphate
Unbleached sulphate
Bleached sulphite
Unbleached sulphite
Soda
_
Groundwood
- - do
do
- - -- -- do _ _
do
do
-do
-do
-- do _ _
2,288
2,124
4,980
2,503
2,366
5,118
2,172
2,305
4,987
2,213
2,102
5,072
2,699
2,339
5,445
2,561
2,227
5,775
2,482
2,332
5,915
1,903
2,235
5,582
1,900
2,247
5,234
2,044
2,127
5,148
676, 423
663, 649
576,931
725, 043
724, 715
572, 481
644, 616
640, 925
586 602
548, 752
544, 983
589 340
665, 051
657, 518
593, 508
620, 775
632, 317
580, 809
647, 081
650, 550
576 038
650, 014
640, 933
587, 616
597, 539
618, 966
564, 079
589, 727
605, 572
548 623
550, 030 r 631, 0"0
561 067 r 667 847
536 811 r 501 402
693 037
698 333
496 689
1,317
172, 588
506, 962
186, 638
r
60. 531
36, 941
r
193, 763
88, 000
1,470
198, 261
570, 792
209, 922
68, 807
39, 939
214, 370
85, 319
1,416
197, 916
548, 166
205, 199
61, 363
37, 957
203 712
83, 192
1,277
167, 475
490, 399
191,814
62, 126
35, 526
192, 799
77, 195
1,436
199, 797
559, 914
208, 833
63, 214
39, 480
207, 014
83, 501
1,373
199, 614
523, 737
201, 035
59, 548
37, 651
194, 723
82, 763
1,456
211, 906
552, 033
213, 340
61, 776
39, 041
214 847
86, 773
1,375
195, 895
512, 267
207, 095
59, 253
37, 813
198 464
89, 170
1,402
210, 711
513, 971
210, 273
58, 390
37, 840
203, 259
87, 398
1,323
207, 457
483 425
188, 012
52, 355
33, 893
194 762
89, 236
1,180
174, 921
432 532
165, 479
47, 225
26 953
181 974
84, 161
1,381
198 830
529 591
203, 866
54 647
32 708
194 697
83 646
1,301
177 087
493 384
193 488
53 736
32 320
185 254
84 958
r
109, 155
14, 244
12, 525
r
26, 260
13, 054
1,088
37, 954
106, 227
13, 650
12, 871
26, 290
13,012
1,129
34 432
102, 792
14, 142
12, 413
23, 293
11, 480
1,927
34, 880
107, 057
8,718
11, 462
29, 508
12, 184
1,816
37, 969
108, 352
11, 150
12, 583
26, 472
11,219
1,540
39, 227
113, 520
12, 547
14, 339
27, 902
10, 100
1,781
38 912
124, 064
13, 369
16, 557
28, 662
13, 407
1,973
41 861
139, 706
14, 545
18, 349
41, 660
12, 150
2,161
42 547
147, 535
17, 277
18, 139
47, 217
12, 571
2,170
41 088
156, 864
20, 566
18 247
49, 509
15, 500
2 640
41 030
146, 208
16 326
19 541
46, 508
15 460
2 563
36 722
152, 021
21 586
21 369
50, 958
14 276
2 425
31 983
146, 703
19 619
23 150
49 691
15 802
2 321
26 681
12, 794
164, 897
39, 227
23, 749
42, 862
35, 741
2,489
19, 450
11, 046
196 259
47, 933
22, 060
51, 152
42, 973
2,859
27, 252
27, 758
171 451
42, 268
17, 928
44, 605
40, 586
2,767
21, 895
23, 583
168, 237
45, 368
18, 961
39, 949
40, 106
2,430
20, 209
14, 540
175, 765
44, 144
21, 552
43, 966
44, 846
2,273
17, 998
24, 261
161 738
47, 028
18, 854
41,111
36, 965
2,654
14, 306
22, 369
155 331
43 456
12, 917
41 648
34, 495
2.573
19, 544
29, 522
145 643
37, 987
11, 575
40 497
33, 382
2,619
18, 878
30, 131
147 433
47, 696
11, 669
36 458
31, 336
2,229
17 408
19 666
133 599
39 188
11, 493
32 618
27, 286
2,197
20 205
9 883
122 636
36 843
10 904
33 555
25 187
1,743
13 851
14 861
138 616
37 873
12 941
38 477
27 693
2,113
18 846
2,005
1,048
859
97
2,071
1,095
2,014
1,051
2,011
1,029
1,949
981
1,762
869
r
r
PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
2,105
2,049
1,847
2,018
2,220
thous. of short tons._
1,022
1,118
1,043
1,088
1,166
Paper (incl building paper)
do __
892
939
857
743
'874
Paperboard
do
95
r
102
115
104
82
Buildinsr board
do
r
Revised.
cf Excludes "special category" exports not shown separately for security reasons.
*New series. Prices are for bulk lots, f. o. b. refineries. Quotations prior to 1951 will be shown later.
881
95
867
97
875
106
858
110
783
110
r
2, 059
r 990
r
941
126
2,024
969
937
118
SUEVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-37
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association) :
Orders, new
_ _ _ _ _ short tons _
Orders, unfilled, end of month
do
Production
__.
_ do _ _
Shipments
do
Stocks, end of month _
_
do
Fine paper:
Orders, new
._
__do _
Orders, unfilled, end of month
do
Production
__
do __
Shipments
do
Stocks, end of month
__ _
do. _.
Printing paper:
Orders, new
__
do
Orders, unfilled, end of month.
do_
Production
do_
Shipments
_ ...
do
Stocks, end of month
do
Price, wholesale, book paper, "A" grade, English finish, white, f. o. b. mill*._dol. per 1001b__
Coarse paper:
Orders, new
_. short tons
Orders, unfilled, end of month
do
Production
do
Shipments
_ _
do___
Stocks, end of month
do
Newsprint:
Canada (incl. Newfoundland):
Production
do
Shipments from mills
do
Stocks, at mills, end of month
do
United States:
Consumption by publishers
do
Production
do
Shipments from mills.
___ do
Stocks, end of month:
At mills
do, _
At publishers
__
do
In transit to publishers
doImports
do
Price, rolls, contract, delivered to principal
ports*
dol. per short ton
Paperboard (National Paperboard Association) :
Orders, new_
_
short tons
Orders, unfilled, end of month _
do
Production, total _. _
___ do ._
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil. sq. ft. surface area
Folding paper boxes, value:
New orders
1936—100
Shipments
do
835, 693
982, 593
851, 819
837, 409
325, 907
942, 156
976, 913
946, 158
947, 030
325, 035
819, 334
914, 463
896, 957
881, 877
340, 425
820, 265
870, 769
861, 248
863, 959
338, 617
962, 506
914, 567
932, 288
911, 745
326, 610
842, 191
903, 374
865, 400
851, 819
344, 664
852, 186
854, 820
896, 773
881, 775
360, 070
813, 274
825, 736
850, 216
842, 129
369, 375
740, 502
747, 506
817, 027
803, 031
376, 503
753, 235 ' 715, 288 rT 748, 782
768, 806
729, 006
750, 806
773, 003 ' 674, 759 rr 772, 787
769, 654 ' 671, 174 r 765, 325
384, 550
381, 065
391, 825
804, 000
805, 806
755, 000
748, OCO
398, 825
109, 384
132, 655
110, 546
110, 422
63, 325
121, 329
132, 495
123, 623
121, 489
65, 959
100, 090
110, 610
122, 649
121,972
66, 635
106, 947
122, 703
118, 200
119, 040
65, 795
136, 428
141, 965
126, 753
125, 513
64, 558
114, 955
138, 310
122, 133
116, 643
67, 895
108, 853
120, 280
124, 033
121, 995
69,710
104, 915
111,930
116, 076
113, 781
72, 250
91, 140
93, 500
115, 790
109, 550
78, 490
89, 628
86, 000
100, 121
96, 843
81, 905
83, 848
88, 000
84, 195
81, 323
84, 750
82, 775
73, 000
99, 882
97, 808
86, 825
93, 000
77, 000
96, COO
89, 000
93, 825
278, 225
492, 795
286, 834
280, 135
119, 619
320, 338
495, 265
313, 161
317, 865
114, 915
264, 508
465, 945
297, 894
293, 829
118, 980
274, 755
447, 761
291, 707
292, 939
117, 748
343, 367
475, 000
315, 983
310, 450
129, 798
288, 745
475, 150
290, 945
290, 555
130, 180
288, 200
458, 050
300, 497
295, 680
135, 960
296, 780
460, 500
295, 614
293, 550
138, 025
261, 286
425, 000
288, 313
285, 851
140, 488
276, 760
423, 000
278, 120
279, 095
139, 500
262, 177
450, 000
238, 014
232, 209
145, 300
r
r
r
r
r
258, 540
445, 000
267, 284
264, 330
148, 000
295, 000
480, 000
260, 000
259, 000
149, 000
13.55
13.55
13.55
13.55
T
r
r
r
255, 045
146, 000
254, 277
249, 815
103, 000
259, 000
159, 000
246, 000
246. 000
103, 000
13.15
13.15
13.15
13.15
13.15
13.55
13.55
13.55
13.55
294, 386
236, 168
296, 567
292, 113
88, 720
321, 515
232, 340
324, 031
325, 340
87, 411
313, 393
229, 708
321, 822
316, 025
93, 520
291, 794
217, 091
305, 258
304, 411
94, 367
329, 159
192, 045
320, 281
317, 727
66, 884
286, 297
193, 108
293, 068
289, 132
75, 550
294, 560
182, 684
307, 066
300, 445
82, 900
254, 759
160, 500
277, 891
276, 686
84, 100
246, 360
140, 000
269, 058
262, 180
84, 000
237, 383 ' 221, 930
135, 000 r 143, 000
250, 159 r 216, 743
111, 740
240, 210
99, 000
95, 000
431, 082
427, 738
152, 301
492 475
497, 410
147, 366
471 732
491, 020
128, 078
435 287
461, 455
101, 910
470, 456
445, 212
127, 154
457, 835
441, 349
143, 640
476 492
453, 162
166, 970
471 235
468, 018
170, 187
495, 972
492, 478
173, 681
451 915
483, 791
141, 805
485, 539
483, 250
144, 094
486, 496
488, 575
142, 015
461 508
462 404
141, 119
381, 437
90, 728
92, 487
405, 277
100 339
97, 791
402, 829
95 847
99, 301
387, 783
91, 763
91, 721
345, 315
97, 216
95, 046
348, 630
94, 759
96, 982
399, 258
99 633
98, 696
393, 470
94, 767
94, 250
404, 071
103, 440
103, 783
379, 943
99, 080
98, 138
329, 729
94, 192
94, 933
341, 5*71
97, 831
99, 008
379, 669
92 301
90, 645
8,432
439, 547
87, 037
358, 866
10, 980
434, 841
100, 292
458, 514
7,526
436, 244
107, 144
438, 141
7,568
430, 431
91, 765
403, 934
9,738
460, 378
89, 491
385, 574
7,515
475, 502
99, 741
398 936
8, 452
457 617
87, 887
416 469
8,969
460 475
72, 475
419 848
8,626
442, 739
79, 028
409, 649
9,568
476 479
74, 592
459 005
8,827
532, 297
75, 474
427, 845
7, 650
573, 502
86, 444
400, 541
9,306
582 209
77, 578
114.25
116 75
116 75
116. 75
116. 75
116 75
116 75
117 00
117 00
119 50
119. 50
864, 600
458, 200
847, 100
86
971,600
487, 800
943, 800
88
812, 500
365, 400
863, 450
82
806, 300
358, 700
793, 950
71
883, 200
405, 500
835, 000
81
829, 300
355, 200
867, 800
86
923, 000
380, 400
880, 500
85
875, 600
417, 600
869, 500
82
880, 000
375, 000
906, 000
82
850, 300
352, 900
832, 800
82
845, 800
444, 200
773, 700
71
r
122 00
122 00
917, 500 1, 065, 800
388, 400
459, 900
955, 600
955, 700
89
88
r
5,511
6,055
5,399
5,642
5,550
5,569
5 935
5 765
6,013
5,541
5,538
6 340
6 743
476.8
629.2
615 9
747.6
555 7
650.8
498 1
528.0
654 6
639.8
608.8
619.0
636 9
630.2
581 3
614.6
604 1
604.1
666 4
638.7
627.4
575.5
688 9
661.3
693 4
719.1
940
743
197
980
781
199
1,172
963
209
1,083
872
211
720
557
163
723
575
148
1,371
1 081
290
1,055
855
200
1,240
937
303
1,003
754
249
601
472
129
904
699
205
949
796
153
36 417
59 422
82, 974
36 347
63 988
59, 188
36 946
72 995
67, 246
32 760
84 839
49,' 251
941
84 657
67, 139
38 824
83 863
PRINTING
Book publication, totalNew books
New editions
___
number of editionsdo
do_
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
__
__ long tons
Stocks, end of month
do
Imports, including latex and guayule
do
Price, wholesale, smoked sheets (New York)
dol. per lb__
Chemical (synthetic):
Production
long tons. _
Consumption, _ .
__
do
Stocks, end of month
do
Exports
do
Reclaimed rubber:
Production..
__________
do
Consumption
do
Stocks, end of month
do
36, 887
56, 941
61, 200
37, 407
63 501
55, 214
35, 037
63 689
57,378
33, 256
76 569
45, 364
36 989
75 488
83, 283
34 841
73 959
76, 383
35 682
61 553
85^ 172
r
32
r
.520
.520
.520
.520
.520
.505
.505
.485
.485
.380
.315
.305
.275
70, 870
68, 460
99, 889
1,008
79, 285
68, 923
109, 407
550
73, 045
65, 403
116,910
1 190
76, 961
60, 421
129, 952
1 430
75, 971
70, 330
138 688
1 831
74, 943
66 567
145 277
2 141
79, 416
69 744
151 249
3 490
77, 437
68 492
159 701
2 415
61, 368
67 339
154 339
2 350
64, 040
66 203
151 '324
1 154
58, 992
58 642
152 373
1 499
59, 214
r
61 214
r
!50 254
1 921
58, 352
66 438
141 598
26, 885
26, 226
43, 095
29, 611
27, 744
44, 367
25, 453
24, 509
44, 049
23, 677
22, 044
45, 082
27, 755
26 553
45, 067
23 883
24 518
43, 306
22 808
24 797
40, 579
23 948
23 911
39, 767
23 142
22 314
40, 169
21 079
°1 850
38, 973
16 213
18 354
36, 287
6,640
2,519
3,950
171
4,740
147
7,414
7,771
7,050
2 553
4,315
181
5,514
129
7,374
6,081
2 391
3,501
188
6,888
161
6 441
4,517
1 800
2,519
198
8,765
210
872
529
140
243
146
10 039
150
463
184
301
721
163
11 370
164
786
134
484
512
137
13 043
181
189
967
814
038
115
13 295
127
433
443
719
624
101
13 263
108
366
003
617
256
130
11 668
107
7 097
7 148
1 186
5 845
117
11 647
140
6 933
7 989
1 632
6 226
131
10 637
159
5,695
5,042
6,831
101
6,270
5,603
7,471
94
5,500
4,803
8,378
121
5, 143
3 556
10,094
144
5,582
5 475
10, 343
93
5, 138
4 958
10 507
125
5 497
5 034
10 900
105
5 481
5 305
11 013
88
5 771
5 330
11 493
63
5 536
6 040
10 974
83
4 790
4 507
11 223
134
4 867
5 431
10 6^7
79
r
!7 131
r 20 548
T
32, 224
TIRES AND TUBES
Pneumatic casings:
Production
thousands
Shipments, total
_
_
do
Original equipment
do
Replacement equipment
do
Export
do
Stocks, end of month __
___
do
Exports©
do
Inner tubes:
Production§_
_ _
_ _ do _
Shipments§
do
Stocks, e n d o f month§
_ _ _ _ _ __ do_
Exports
do
r
7
6
2
4
7
6
2
3
7
6
2
3
7
6
2
4
7
7
2
4
7
9
2
6
Revised.
*New series. Compiled by the U. 8. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
©Excludes ''special category" exports not shown separately for security reasons.
§Includes data for motorcycles.
21 947
23 180
31,027
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1950 arid descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments .. reams _ _
171, 584
195, 139
188,389 '
132, 524
159, 041
162, 959
174,155
185, 451
168, 174
161, 544
157,412
160, 795
174, 449
22, 269
100
23, 253
10, 499
4,138
22, 797
99
26, 134
7,162
3,544
20,737
93
17, 994
9,910
3,882
19, 874
85
11,791
17,993
4,711
17, 039
73
12, 696
22, 336
7,056
16, 545
76
14, 362
24,519
8,987
18,095
78
15,993
26, 622
10 741
19,817
86
21, 764
24, 672
10 348
21, 829
92
23 282
23 220
9 513
20, 748
90
25 067
18 896
8 483
21, 342
90
25 084
15 158
7 548
23, 573
99
25 915
f 12 819
r (} 262
23, 010
100
26 243
9? 586
5 177
551,225
527, 229
605, 553
590, 294
545, 925
476, 776
447, 208
350, 014
406, 229
353 812
392, 482
378 321
434, 789
411 819
484, 468
492 488
489, 779
479 409
510, 226
504 459
538 183
530 377
531, 547
512 135
PORTLAND CEMENT
Production
Percent of capacity, _
_
Shipments..
'
Stocks, finished, end of month
Stocks, clinker, end of month
thous. of bbL _
_ _ _
_ _
thous. of bbl
do
do
CLAY PRODUCTS
Brick, unglazed:
Production:]:
_ __ thous. of standard brick .
Shipments^
do
Price, wholesale, common, composite, f. o. b.
plant t
dol. per thous__
Clay sewer pipe, vitrified:}:
Production
short tons
Shipments
_
do
Structural tile, unglazedrj
Production
_ _ ._
... do
Shipments
do
27. 366
27. 366
27. 386
27. 366
27.317
27.317
27.317
27. 217
27. 217
27. 217
i 27. 409
27. 409
138, 456
135, 882
159, 394
155,005
142, 340
122,046
125,962
83,177
134 045
86, 576
127 442
97, 107
139 685
118,092
139 573
139, 744
128 020
134 221
143 496
145 603
139 061
142* 566
136 595
146, 934
94, 759
93, 584
103, 678
99, 652
100, 705
85 182
85, 965
66 395
81,948
71 403
78, 061
75 617
76,119
69 494
82, 647
84 813
84, 209
82 285
86 470
83 994
91 836
87 251
85, 434
87 976
9,134
9,397
9,341
8,948
7,804
7,714
7,603
7 568
8,941
8 485
8,783
8 053
9,400
9 005
9,523
9 577
10, 220
9 888
10, 080
9 607
10, 042
9 735
10, 700
11 126
10, 100
9 688
1,432
1,072
632
674
783
859
881
1 125
1 216
915
892
1 186
1 464
2,281
2,426
2,122
1,885
2,498
2,123
2,400
2,474
2,767
2, 706
2,733
3,210
2,736
332
1,344
1,171
1,782
717
338
9,839
297
746
1,328
1,985
782
312
9,884
319
840
1, 097
1,810
634
260
9,710
532
873
525
841
503
874
655
806
977
955
940
2,064
1,123
1,198
1,073
1 244
735
233
9,871
1,860
739
214
10, 060
1 834
788
264
10,107
783
1,257
1 120
2,313
928
327
9,449
476
768
1 035
2 111
772
327
9, 594
4,656
4,387
12, 556
4, 966
5,414
11,978
2,892
3,459
27. 409
GLASS PRODUCTS
Glass containers:
Production
thous. of gross _ .
Shipments, domestic, total
do
General -use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) __thous. of gross...
Beverage (returnable and nonreturnable)
thous. of gross _ .
Beer bottles
do
Liquor and wine
do
Medicinal and toilet
do
Chemical, household and industrial
do
Dairy products
do
Stocks, end of month
do - _
Other glassware, machine-made:
Tumblers:
Production
thous. of dozens..
Shipments __ _ _ _ .
.do
Stocks
do
Table, kitchen, and householdware, shipments
thous. of dozens
741
840
1,795
572
330
9,453
2, 161
679
258
9,635
1,962
693
199
10,093
783
228
10, 216
767
700
1 061
2, 355
850
244
9,863
3,889
4,645
11, 228
3,800
3, 352
11,579
4,883
4,473
11,837
5,136
5,514
9,989
5, 357
5, 061
10, 241
4,701
4,987
9,892
4,537
5,329
9,073
4,831
5, 491
8 349
4, 966
5, 245
8,023
5,833
5,181
8,628
3,368
2,589
3,005
3,857
3,431
3,474
3,551
2,908
2,945
3,354
11, 768
11,637
29, 905
13,892
14, 447
29, 350
906
979
2,272
852
905
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous. of short tons
Production
.
do
Calcined, production, quarterly total
do
Gypsum products sold or used, quarterly total:
Uncalcined
short tons
Calcined:
For building uses:
!
Base-coat plasters
do
i
Keene's cement
do
All other building plasters
do
Lath
thous of sq. ft
Tile
do
\VallboardcT
do
Industrial plasters
short tons
859
1, 171
2,271
1,977
2, 027
1,681
1, 806
1, 582
734
2,067
1, 720
588. 584
636, 366
526, 045
559, 966
590, 559
13, 711
169, 219
704, 333
9 386 j
855 222
68, 612
471,072
10, 648
146, 036
602, 500
7,763
776 854
71, 377
451, 841
13, 086
134, 090
508, 785
7,602
761, 566
67, 484
494, 822
14 045
143,059
589, 300
6 670
830 644
61, 426
401
i
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs
Shipments
_do.
Stocks, end of month
do
11, 862
12, 605
29, 330
13, 617
14, 374
28, 573
12, 928
13, 986
27, 515
11, 393
11,611
28, 199
13, 945
13, 366
28, 907
13, 465
13, 495
28, 851
13, 250
13, 961
28, 163
13, 476
13, 551
28, 067
13, 324
12, 317
29, 129
13, 046
12, 481
29, 774
COTTON
Cotton (exclusive of linters):
Production:
2 15, 072
176
Ginnings§
thous. of running bales, .
5,458
12, 804
13, 592
14, 530
1,413
10, 023
Crop estimate, equivalent 500-lb. bales
2 15 144
thous. of bales _ _
672, 715
922, 559
768, 889
695, 965 i 692, 594
' 721, 248 905, 062
730, 817
736,535
847,444
686, 697
744,383 |
Consumption^
bales
Stocks in the United States, end of month,
r
' 15, 143
13, 646
7, 577
' 4, 259 ' 3, 307
2, 745 15,454 1
' 10, 638 'r 9, 057
'6,434 i '5,257
total^f
thous. of bales,
'12,290
' 12, 199 * 10, 551
8, 978
' 7, 476 ' 6, 337 ! ' 5, 160
' 4, 172 ' 3, 224
2, 675 15,387 I
' 15, 040
13, 550
Domestic cotton, total
do
r
r 253 1
220
' 3, 371 ' 2, 418 ' 1, 442
12,778
10, 734
6,840
' 970
638
'412
'4,916
On farms and in transit
-do . ..
4,394
5,514
5,886
5,
644
3,
773
2,
992
1,782
;
1,457
4,920
2,380
1, 795 !:
Public storage and compresses
do
'3,312
1, 536
1, 639
1,196
1,397
1,640
1, 594
1, 530
1,381
1, 189 ,
998
814
'994
Consuming establishments..
.do. ...
87
86
92
80
97
i
97
83
1
70
103
96
101
66
Foreign cotton, total
do
r
l
2
3
Revised.
Specification changed; earlier data not strictly comparable.
Total ginnings of 1951 crop.
Ginnings to November 1.
< November 1 estimate of 1952 crop.
tRevisions for January-July 1951 will be shown later.
fRevised series. Data beginning 1947 will be shown later.
d" Includes laminated board, reported as component board.
§Total ginnings to end of month indicated.
ta for October 1951 and January, April, and July 1952 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
SURVEY OF CURRENT BUSINESS
November 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-39
1952
1951
September
October
November
December
January
February
March
April
May
June
July
August
September
TEXTILE PRODUCTS—Continued
COTTON—Continued
Cotton (exclusive of linters)— Continued
Exports
bales
Imports
do
Prices received by farmers .
cents per Ib Prices, wholesale, middling, ^le", average, 10
markets
cents per Ib
Cotton linters :f
Consumption
thous. of bales
Production
_
do
Stocks, end of month
do
356 209
2 320
33.7
583 927
5,722
36.2
803 580
1,046
41.0
979 762
2,214
40.3
676 400
15, 453
38.7
587 763
35 470
37.3
419 304
1,652
36.7
334 248
1,449
37.3
316 461
373
36.1
264 418
4 367
38.0
48 114
6 865
37.0
106 853
7 797
37 9
39.2
35 1
36 9
41 5
42 2
41 8
40 6
40 8
40 7
38 6
40 4
39 4
39 4
38 9
116
175
r
274
136
267
367
131
247
460
117
205
538
118
221
620
120
174
629
108
140
655
98
99
630
97
70
560
99
46
541
80
36
532
95
46
528
88
168
577
2,273
65, 408
2,174
53, 745
1,609
64, 127
1,€90
2,319
77, 431
1,846
62, 133
1 884
72, 283
1 999
2,381
73, 609
1 434
59, 942
1 643
63, 442
1 295
2 258
54, 136
1 251
54, 291
2 532
63, 315
1 529
33.88
40.5
17.2
18.1
31.20
40.7
17.1
18.4
28.72
41.6
17.8
19.3
29.95
42.7
18.1
19.8
29.04
42.7
17.8
19.4
28 45
42.7
17 0
18.8
26.61
42.7
16.5
18.0
25 83
42.7
16 4
17.3
26.17
42.7
16 0
16.5
24 40
40.7
16 8
16 5
27 09
40.7
17 4
17.0
28 89
40 7
18 4
17 5
31 13
40 7
19 3
*> 17 8
.784
1.069
.755
1.035
.738
1.019
.730
.991
.727
1.006
.733
1.022
r 742
1. 045
v 766
P 1 079
21, 398
20 000
9,516
476
8,870
128.1
21, 432
20 041
9,768
501
9,134
135 1
r
COTTON MANUFACTURES
Cotton cloth:
Cotton broad- woven goods over 12 inches in width,
production, quarterly c? mil. of linear yards
Exports
thous. of sq. yd. _
Imports
-_
do
Prices, wholesale:
Mill margins
cents per Ib
Denim, 28-inch*
cents per yd._
Print cloth, 39-inch, 68 x 72*
do
Sheeting, in gray, 40-inch, 48 x 44-48*
do ..
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:*
20/2, carded, weaving
dol. per Ib
36/2, combed, knitting
__
_
do
Spindle activity (cotton system spindles):^
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
Operations as percent of capacity
r
21, 895
20, 714
9,247
474
8,745
127.8
21, 609
20, 394
11, 393
460
10, 721
124.1
21, 758
20, 519
9,050
464
8,486
125.4
21, 516
20, 264
8,336
439
7,823
118.4
21, 360
20, 102
11, 399
465
10, 686
125.8
21, 126
19, 854
9,265
471
8,696
127.3
21, 159
19, 885
9,040
452
8,478
122.3
20, 910
19, 613
10, 607
424
9,948
114.5
20, 834
19, 513
8,110
416
7,532
112 0
20, 770
19, 453
8,700
435
8,102
117 3
21, 325
19, 948
9,112
380
8,501
102.2
57 1
24 8
56 4
26 0
56 9
27.0
57 5
23.9
63 0
27 3
57 8
23 6
55 6
19.9
57 6
21 6
66 9
24 1
75 2
27 2
83 1
26 9
54.2
8.7
7,591
73 2
9.4
6,506
84.2
10.7
5,149
91.3
15.2
5,946
97.5
15.2
8 Oil
99 3
15.7
9 509
101.7
18.0
11, 175
99.1
18.9
7,128
90 0
17 8
3 864
78 8
15 2
3 902
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
645
842
708
848
1,524
1,205
975
705
861
1,275
967
893
4.42
4.65
4.68
4.78
4.82
4.97
4.91
4.89
4.90
4.95
5.23
5.43
27, 648
4,276
15 315
31,800
7,780
21,085
25, 472
6,652
19, 365
25, 200
7,044
26, 342
29, 330
11,005
28 493
24 756
9,720
27 432
23, 924
9,252
28 519
30, 020
11,020
34, 347
25, 472
8,072
30, 633
27, 284
5,644
24,824
31, 350
6,380
31, 013
30, 432
9,044
26, 979
i 1. 825
i 1. 980
i 1. 962
11.850
1 1. 820
1
1.644
11.600
1 1. 580
1 1. 594
1 1. 600
1.627
i 1.660
1.730
.770
1.762
.740
.722
.644
.638
.598
.585
.585
.594
.605
.590
i 1. 825
1 1. 820
i 1. 650
i 1. 725
1. 562
1 1. 375
1.375
1.425
1 1. 425
1.425
i 1. 425
i 1. 425
141
1,772
14
124
1,750
9
130
1,787
10
129
1,763
13
130
1,745
14
139
1,735
18
147
1,592
19
136
1,534
13
145
1,647
16
145
1,743
20
89
41
98
43
96
41
100
46
112
47
126
50
128
51
117
48
114
51
73
40
67 806
77, 342
129
69 869
77, 098
124
72 835
76, 698
120
70 034
72, 078
119
70 037
68,175
110
73 268
74, 786
121
67 953
72, 644
119
63 457
71,007
120
67, 772
70, 404
120
69 696
78,524
131
r
r
47 888
5 148
36, 180
6 560
60 955
6 615
43, 965
10 375
50 812
5 400
36, 460
8 952
48 372
4 576
35, 008
8 788
60
6
40
14
710
150
305
255
53 472
6 092
35, 768
11 612
50 984
5 356
34, 056
11 572
60 115
6 705
40, 290
13 120
51 056
6,036
34, 204
10, 816
50 205
6,563
36, 844
6,798
r
2.358
2.477
2.453
2.410
2.389
2.286
2.219
2.110
2.098
2.128
RAYON AND MANUFACTURES AND SILK
Rayon yarn and staple fiber:
Consumption:
Filament yarn
mil of Ib
Staple
fiber
do
Stocks, producers', end of month:
Filament yarn
do
Staple fiber _
_
do _ _
Imports
thous. of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. per Ib _
Staple fiber, viscose, l^i denier
do
Rayon and acetate broad-woven goods, production,
quarterly cf
thous of linear yards
Silk, raw:
Imports
thous. of Ib
Price, wholesale, white, Japanese, 20/22 denier,
87% (AA), f. o. b. warehouse 9
dol. per lb__
404, 084
445, 562
418, 931
r
r
84 7
28 0
81 1
26 5
65.1
15.9
3,995
57 7
15.0
5 959
54 8
15.6
.780
.400
.780
.400
.780
400
408, 440
5.43
WOOL
Consumption (scoured basis) :§
Apparel class
thous of Ib
Carpet class
do
Imports, clean weightA
do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured. . dol. per lb_.
Raw, bright fleece, 56s, 58s, greasy, 47 percent
shrinkage
dol. per Ib
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol. per Ib
WOOL
1
1. 750
1
r
1 1. 596
MANUFACTURES
Machinery activity (weekly average):§
Looms:©
Woolen and worsted:
Pile and Jacquard
thous of active hours
Broad
do
Narrow
do
Carpet and rug:
Broad
do
Narrow
do
Spinning spindles:
Woolen
do
Worsted©
do
Worsted combs
do
Wool yarn:
Production total §©
thous of Ib
Knitting §
do
Weaving §
do
Carpet and other§
do
Price, wholesale, worsted yarn (Bradford
machine knitting system) 2/20s*__.dol. per lb_.
r
r
130
1, 528
19
56
27
113
46
61, 138
68,
504
T
120
73, 654
83, 342
149
54, 200
7, 455
39, 585
7, 160
55, 320
7,956
37, 192
10, 172
2.146
r 2. 164
r
r
163
1,724
20
T
» 2. 135
Revised.
*> Preliminary.
i Nominal price.
IData for October 1951 and January, April, and July 1952 C9ver 5-week periods and for other months, 4 weeks; stock data and number of active spindles are for end of period covered.
cfBegmning 1951. production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool and rayon and cotton fabrics produced on woolen and worsted looms (which cannot be distributed between cotton and rayon goods), amounted to approximately 73 million yards in 1950.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics: monthly data beginning 1947 (except for cotton yarn) will be shown later.
9 Substituted series. Data beginning January 1950 will be shown later.
§Data for October 1951 and January, April, and July 1952 cover 5-week periods; other months. 4 weeks.
Almports of unmanufactured wool converted to a clean-weight basis; imports were formerly shown in actual weight, i. e., in the condition received.
O Beginning 1951, looms weaving fabrics principally wool by weight.
©See note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
November 1952
1952
1951
September
October
November
December
January
February
March
April
May
June
August
July
September
TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES—Continued
Woolen and worsted woven goods, except woven
felts:t
Production Quarterly total
thous of lin yd
Apparel fabrics total
do
Government orders
do
Other than Government orders total do
Mien's and boys'
do
Women's and children's
do
Nonapparel fabrics total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, f. o. b.// mill:
Suiting gabardine 56 /58'/*
dol per yd
Women's dress goods, flannel, 8 oz., 54-inch
dol per yd
91, 325
78, 029
32 037
45, 992
18 667
27, 325
13 296
8, 435
4 861
85 595
70, 512
35 708
34 804
16 683
18, 121
15 083
9,662
5 421
4 381
3.572
3.713
3 302
2 722
2.722
3.713
83,213
71, 520
17 289
54, 231
27 390
26, 841
11 693
5,572
6 121
87, 185
75, 687
23,533
52, 154
25, 111
27, 043
11, 498
6,536
4,962
3.713
3.713
13 696
3 696
2 822
2 822
3.696
*3 731
3 731
353
67
349
76
v 3. 686
TRANSPORTATION EQUIPMENT
AIRCRAFT
Exports t
184
62
124
49
162
62
152
69
224
42
227
212
248
73
291
149
330
115
335
112
476, 002
743
660
365, 906
350, 246
109, 353
90, 445
526, 447
1,174
1,108
414. 533
401, 392
110, 740
92, 275
450, 416
833
710
356, 500
346, 048
93, 083
75, 653
380, 650
845
746
292, 799
284, 323
87, 006
70,834
375, 410
778
755
273, 639
258, 524
100, 993
85, 127
435, 216
625
525
334, 058
315, 670
100, 533
84, 499
482, 973
569
499
373, 237
352, 651
109, 167
92, 027
529, 585
597
507
416, 155
396, 912
112, 833
97, 591
503, 917
423
329
398, 286
381, 463
105, 208
90, 472
518, 710
484
382
408, 700
392, 933
109, 526
94, 500
do
do
do
39, 401
18, 986
20, 415
26, 264
11, 777
14, 487
35, 173
14, 606
20, 591
31, 806
10, 468
21, 434
22, 100
9,205
12, 895
31, 614
14, 272
17, 342
33, 808
16, 280
17, 528
32, 772
17, 633
15, 139
32, 759
18, 007
14, 752
28, 598
13, 396
15, 202
22, 784
10, 813
11, 971
14, 049
7,026
7,023
_do
do
do
do
- do
4,598
4,344
1,599
2,745
254
5,605
5,304
2,251
3,053
301
4,704
4,441
1,853
2,588
263
4,634
4,366
1,859
2,507
268
5,013
4,657
1,950
2,707
313
4,655
4,416
1,873
2,543
219
5,124
4,733
1,994
2,739
364
5,298
4,833
1,963
2,870
369
5,163
4,602
1,854
2,748
335
4,029
3,681
1,219
2,462
292
3,673
3,369
1,281
2,088
263
'4,471
r
4,108
1,897
r
2,211
230
4.887
4,552
2, 280
2,272
242
406, 217
84, 814
373, 162
92, 281
332, 099
76, 517
310, 084
62, 596
301, 379
59, 661
295, 479
59, 285
322, 857
63,364
374, 288
73, 461
422, 217
71, 690
423, 655
71, 471
340, 454
72, 134
215, 668
57, 786
318, 870
65, 381
8,578
5,755
5,755
2,823
25
25
16
0
10,129
6,794
6,777
3,335
22
22
18
0
9,845
6,336
6,315
3,509
45
45
18
0
8,470
5,690
5,678
2,780
25
25
14
0
8,643
6,082
6,082
2,561
8
8
8
0
7,383
5,494
5,494
1,889
21
21
10
0
8,161
5,840
5,838
2,321
4
4
4
0
7,433
5,234
5,204
2,199
12
12
12
0
7,263
5,171
4,765
2,092
2
2
2
0
6,539
4,976
4,848
1,563
13
13
13
0
5,658
4,116
3,860
1,542
8
8
8
0
4,674
2,990
2,853
1,684
5
5
5
0
3, 93?
2,052
1,879
1,883
13
13
13
0
1,741
1,743
1,748
1,752
1,755
1,758
1,761
1,761
1,763
1,764
1,763
1,759
1,757
92
5.3
118, 073
80, 522
37, 551
87
5.0
113,394
76, 530
36, 864
84
4.8
110, 325
70, 914
39, 411
90
5.2
104,831
67, 973
36, 858
87
5.0
98, 566
63, 482
35, 084
87
5.0
93, 605
60, 107
33, 498
89
5.1
91, 056
58, 234
32, 822
93
5.3
89, 917
54, 810
35, 107
96
5.5
84, 341
51, 198
33, 143
101
5.7
77, 984
46, 409
31, 575
107
6.1
76, 870
45, 094
31, 776
102
5.8
75,684
43, 144
32, 540
98
5.6
73, 609
42, 171
31, 438
3,180
13.9
3,009
13.5
2,901
13.3
2,718
12.8
2,643
12.7
2,701
13.3
2,480
12.6
2,502
13.0
2,237
12.1
2,170
12.0
2,131
12.0
2,217
12.7
2,125
12.5
23
0
23
1,804
1,804
0
21
0
21
1,721
1,721
0
20
0
20
1,789
1,789
0
19
0
19
1,720
1,720
0
18
0
18
1,594
1,594
0
17
0
17
1,573
1,573
0
16
0
16
1,441
1,441
0
30
0
30
1,463
1,463
0
28
0
28
1,347
1,347
0
26
0
26
1,156
1,156
0
25
0
25
1,186
1,186
0
23
0
23
976
976
0
21
0
21
841
841
0
50
1
49
60
1
59
65
3
62
37
1
36
73
37
56
• 59
39
59
54
52
447
385
62
587
545
42
728
652
76
673
581
92
658
607
51
681
611
70
702
646
56
643
598
45
652
617
35
648
554
94
394
369
25
564
528
36
do
MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
_
_
_.
Exports total J
Passenger carst
Trucks and busses \
Truck trailers, production, total
Complete trailers
Vans
_
All other
Trailer chassis
Registrations:
New passenger cars
New commercial cars
__
number-do
do. __
do
do
do
do
do
-do _
••211,782
270, 982
224
349
220
271
218, 577
168, 327
161, 862
211, 140
••43,231
52, 056
' 36, 231 45, 204
T
r
551, 159
387
330
438, 397
425, 266
112,375
99. 375
RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
Freight cars, total
number.Equipment manufacturers, total
do
Domestic
_. -do
Railroad shops, domestic
do
Passenger cars, total
do
Equipment manufacturers, total
do
Domestic
_.
do
Railroad shops, domestic
do
Association of American Railroads:
Freight cars (class I), end of month :§
Number owned
thousands
Undergoing or awaiting classified repairs
thousands. _
Percent o f total ownership
_ _ _ _ _
Orders, unfilled
number
E quipment manufacturers
do
Railroad shops
.do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
number _ _
Percent of total on line
Orders, unfilled:
Steam locomotives, total
number. _
Equipment manufacturers
do
Railroad shops _
_.
do
Other locomotives, total
do
Equipment manufacturers. _ _
do
Railroad shops
do
Exports of locomotives, total
Steam
Other
do
do
do
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments, total
Domestic
Export
number..
do
do
516
488
28
r
Revised.
» Preliminary.
i Specification changed; earlier data not strictly comparable.
•(•Revised series. Beginning with data for 1951, the Bureau of the Census reports for woolen and worsted woven fabrics refer to goods which are principally wool by weight (i. e., exclude
fabrics containing 25-49.9 percent wool previously included).
*New series. Compiled by 17. /S. Department of Labor, Bureau of Labor Statistics. More complete specifications are: Worsted suiting, women's and children's gabardine 10^-1214
oz /vd
7
y
Monthly data for 1950 will be shown later.
'
% Data through December 1951 for total exports and trucks and busses exclude military-type exports not shown separately for security reasons; thereafter the figures, including those for
passenger cars, exclude all military-type exports.
§Not including railroad-owned private refrigerator cars.
"INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Abrasive paper and cloth (coated)
38
Acids
24
Advertising
7, 8
Agricultural employment
10
Agricultural loans and foreign trade
15, 21, 22
Aircraft
11,12,13,14,40
Airline operations
22
Alcohol, denatured and ethyl
24
Alcoholic beverages
2,6,8,27
Aluminum
33
Animal fats, greases, and oils
25
Anthracite
2,5,11,13,14,15,34
Apparel, wearing
3,4,5,6,8,9,11,12,14,15,38
Asphalt and asphalt products
36
Automobiles
2,3,7,8,9,11,12,13,14,16,18, 21
Balance of payments
20
Banking
15, 16
Barley
28
Barrels and drums
32
Battery shipments
34
Beef and veal
29
Beverages
2,3,4,6,8,11,12,14,27
Bituminous coal
2,5,11,13,14,15,34,35
Blast furnaces, steel works, etc
11,12,13,14
Blowers and fans
34
Boilers
33, 34
Bonds, issues, prices, sales, yields
19
Book publication
37
Brass
33
Brick
38
Brokers' loans and balances
16, 19
Building costs
7
Building and construction materials
7,8,9
Business sales and inventories
3
Businesses operating and business turn-over __
4
Butter
27
Cans, metal
33
Carloadings
_.. 22,23
Cattle and calves
29
Cement and concrete products
2,6,38
Cereals and bakery products
5,11,12,14
Chain-store sales (11 stores and over, only)....
9
Cheese
27
Chemicals
2,3,4,5,12,14,15,18,21,24
Cigars and cigarettes
6,30
Civilian ernplo3'ees, Federal
12
Clay products (see also Stone, clay, etc.)
2, 6, 38
Closures and crowns
33
Clothing (see also Apparel)
5,38
Coal
2,5,11,13,14,15,21,22,23,34,35
Cocoa
22,29
Coffee
22,29
Coke
2,22,23,35
Commercial and industrial failures
4
Communications
11,13,14,15,18,19, 20, 23
Confectionery, sales
29
Construction:
Contracts awarded
6
Costs
7
Dwelling units
7
Employment, earnings, hours, wage rates _ _
11,
12,13,14,15
Highway
6,7,12
New construction, dollar value
6
Consumer credit
16
Consumer expenditures
1,8
Consumers' price index
5
Copper
22,33
Copra and coconut oil
25
Corn
__.. 19,28
Cost-of-living index (see Consumers' price
index)
5
Cotton, raw and manufactures
2,5,6,21,38,39
Cottonseed, cake and meal, oil
25
Crops
2,5,25,27,28,30,38
Currency in circulation
18
Dairy products
2, 5,11,12,14, 27
Debits, bank
15
Debt, short-term, consumer
16
Debt, United States Government
17
Department stores
8, 9, 10, 16
Deposits, bank
15,16,18
Disputes, industrial
13
Distilled spirits
27
Dividend payments and rates
1,18, 20
Drug-store sales
8,9
Dwelling units
7
Earnings, weekly and hourly
13,14,15
Eggs and poultry
2,5,29
Electric power
5,26
Electrical machinery and equipment
3,
4,5,7,11,12,13,14,21,34
Employment estimates and indexes
10,11,12
Employment Service activities
13
Emigration and immigration
23
Engineering construction
6
Expenditures, United States Government
16
Explosives
25
Exports (see also individual commodities)
20, 21
Express operations
22
Failures, industrial and commercial
„
Farm income, marketings, and prices
Farm wages
Fats and oils, greases
Federal Government
finance
Federal Reserve banks, condition of
Federal Reserve reporting member banks
Fertilizers
Fiber products
Fire losses
Fish oils and
fish
Flaxseed
Flooring
4
2,5
15
5,25,26
16,17
.
15
16
,. 5, 24
34
7
25,29
25
31,32
Pages marked S
Flour, wheat
28
Food products
2,
3,4,5,7,8,9,11,12,14,18,27,28,29,30
Foreclosures, real estate
. ,
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21,22
Foundry equipment
34
Freight carloadings
22,23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables
2,5,21,27
Fuel oil
.
35
Fuels
2,5,34,35
Furs
22
Furnaces
34
Furniture
.
2,3,5,8,9,11,12,13,14,16
Gas, prices, customers, sales, revenues
5,26
Gasoline
2,7,8,9,36
Glass products (see also Stone, clay, etc.)
2,38
Generators and motors
34
Glycerin
24
Gold
18
Grains and products
5,19,21,22,23,28
Grocery stores
8,9
Gross national product
1
Gypsum and products
.
6,38
Heating apparatus
6,11,12,13,14,33,34
Hides and skins
5,22,30
Highways and roads
6, 7,12,15
Hogs
_
29
Home Loan banks, loans outstanding
7
Home mortgages
7
Hosiery
38
Hotels
11,13,14,15,23
Hours of work per week
12,13
Hcusefumishings
5,8,9
Household appliances and radios
5, 8,9,16,34
Immigration and emigration
23
Imports (see also individual commodities). 20, 21, 22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
16
Instalment sales, department stores_
10
Insulating materials
34
Insurance, life
17,18
Interest and money rates
16
International transactions of the U. S
20, 21, 22
Inventories, manufacturers' and trade
3,4,9,10
Iron and steel, crude and manufactures
2,
6,21,32,33
Jewelry stores, sales, inventories
8,9
Kerosene
35
13
Labor disputes, turn-over.
10
Labor force
29
Lamb and mutton
29
Lard
33
Lead_
Leather and products
2,3,4,5,12,14,15,30,31
Linseed oil
.
25
Livestock
2,5,22,23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
7,15,16,17,19
Locomotives
40
Looms, woolen, activity
39
Lubricants
35
Lumber and products
2,
3,5,8,9,11,12,13,14,31,32
Machine activity, cotton, wool
39
Machine tools
34
Machinery
2,3,4,5,11,12,13,14,18,21,34
Magazine advertising
8
Mail-order houses, sales
8,9,10
Manufacturers' sales, inventories, orders
3,4
Manufacturing production indexes
2,3
Manufacturing production workers, employment, payrolls, hours, wages
11,12,13,14,15
Meats and meat packing
2, 5,11,12,14, 29
Metals
2,3,4,6,11,12,13,14,15,18,32,33
Methanol
24
Milk
27
Minerals and mining
2,3,11,13,14,15, 20
Monetary statistics
18
Money orders
8
Money supply
18
Mortgage loans
7,15,16,17
Motor fuel
36
Motor vehicles
3,5,8,9,40
Motors, electrical
34
National income and product
1
National parks, visitors
23
Newspaper advertising
8
Newsprint
22,37
New York Stock Exchange, selected data
19, 20
Nonferrous metals
2,6,11,12,13,14, 22,33
Oats
__
28
Oil burners
34
Oils and fats, greases
5,25,26
Oleomargarine
26
Operating businesses and business turn-over__
4
Orders, new and unfilled, manufacturers'
,_
4
Paint and paint materials
5,26
Panama Canal traffic
23
Paper and p u l p _ _ _ . 2,3,4,6,11,12,14,15,22,36,37
Paper and products.__ 2,3,4,6,11,12,14,15,36,37
Passports issued
23
Payrolls, indexes
12
Personal consumption expenditures
1,8
Personal income
1
Pages marked S
Personal saving and disposable income
1
Petroleum and products
2,
3,4,5,11,12,13,14,15,21,22,35,36
Pig iron
32
Plant and equipment expenditures
1
Plastics, synthetic, and resin materials
26
Plywood
31
Population
10
Pork
29
Postal savings
16
Poultry and eggs
2, 5, 29
Prices (see also individual commodities):
Consumers' price index
5
Received and paid by farmers
5
Retail price indexes
5
Wholesale price indexes
5, 6
Printing and publishing
2 , 3 , 4 , 11,12,14,15,37
Profits, corporation
1,18
Public utilities... 1, 6, 11,13,14,15,17,18,19, 20, 26
Pullman Company
23
Pulp wood
36
Pumps
34
Purchasing power of the dollar
6
Radio and television
5, 7,34
Railroads, employment, wages, financial statistics, operations, equipment
11,
12,13,14,15,17,18,19,20,22,23,40
Railways (local) and bus lines
11,13,14,15
Rayon and rayon manufactures
^ _ 2,39
Real estate
7,16,17,19
Receipts, United States Government
16
Reconstruction Finance Corporation, loans
17
Refrigerators, electrical
34
Rents (housing), index
5
Retail trade, ail retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3,4,8,9,10,11,13, 14,15
28
Rice
Roofing and siding, asphalt
36
24
Rosin and turpentine
Rubber, natural, synthetic, and reclaimed,
tires and tubes
6,22,37
Rubber products industry, production index,
sales, inventories, employment, payrolls,
hours, earnings
2,3,4,12,14,15
Rural sales
10
Rye
28
Saving, personal
1
Savings deposits
16
Securities issued
18,19
Services
4,8,11,13,14,15
Sewer pipe, clay
38
Sheep and lambs
29
Ship and boat building
11,12,13,14
Shoes and other footwear
2,8,9,12,14,15,31
Shortenings
26
Silk, imports, prices.
6,39
Silver
18
Soybeans and soybean oil
25
Spindle activity, cotton, wool
39
Steel ingots and steel manufactures (see also
Iron and steel)
32,33
Steel scrap
32
Stocks, department stores (see also Inventories)
10
Stocks, dividends, listings, prices, sales, yields.
20
Stokers, mechanical
34
Stone, clay, and glass products
2,
3,11,12,13,14,38
Stoves
34
Sugar ._
...
22,30
Sulfur
25
Sulfuric acid
24
Superphosphate
24
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,13,14,15,18,19, 20, 23
Textiles
2,3,4,6,11,12,14,15,21,38,39,40
Tile
38
Tin
,
22,33
Tires and inner tubes
6,12,14,15,37
Tobacco
2,3,4,5,6,8,11,12,14,15,21,30
Tools, machine
34
Trade, retail and wholesale. 3,4,8,9,10,11,13,14,15
Transit lines, local
22
Transportation, commodity and passenger
22, 23
Transportation equipment.__ 2,3,4,11,12,13,14,40
Travel
23
Truck trailers
40
Trucks
40
Turpentine and rosin
.
24
Unemployment and unemployment compensation
10,13
United States Government bonds
16, 17, 18, 19
United States Government
finance
16,17
Utilities
1,5,6,11,13,14,15,17,18,19, 20,26
Vacuum cleaners
34
Variety stores
8,9
Vegetable oils
25,26
Vegetables and fruits
2,5,21,27
Vessels cleared in foreign trade
23
Veterans' unemployment allowances
13
Wages, factory and miscellaneous
13,14,15
Washers
34
Water heaters
34
Wax
...
36
Wheat and wheat
flour
19,28
Wholesale price indexes
5,6
Wholesale trade
3,4,10,11,13,14,15
Wood pulp
36
Wool and wool manufactures
2,6,22,39,40
Zinc
33
Foreign
Aid
by the
United States
Government
1940-1951
The complete history of Government-aid expenditures since the
beginning of lend-lease; before the United States entered
World War II, until after the Korean invasion.
An authoritative record of billions of dollars granted or loaned
to foreign nations ... to help win the war ... for relief and
reconstruction . . . under the Marshall Plan . • .
and to increase our military security.
Where the dollars went, and for what purpose, is reported
objectively in detail. How much was sent, the terms
and guaranties required, the circumstances preceding
congressional authorization, are set forth fully and factually.
Compiled from the accounts of Federal agencies, by the central
Clearing Office for Foreign Transactions, this Foreign Aid
volume is the most comprehensive yet published.
Covering an 11-year period from July 1940, its tables
show subtotals for the war and postwar years, by
recipient country or area, for both grants and credits, with
a chronological list of enabling legislative acts.
Available from
The Superintendent of Documents, U. S. Government Printing Office,
Washington 25, D. C., or the nearest Field Office of the Department
of Commerce. 118 naffes. illustrated. Price $1.00 a conv.
@FedFRASER